Inphyy Corner

Ezra Holdings: No surprises in 4Q results

OCBC Investment Research

www.ocbcresearch.com/pdf_reports/company/EZRA-131025-OIR.pdf

StarHub to compensate customers affected by SingTel facility fire

www.channelnewsasia.com/news/singapore/s...mpensate/861792.html

New Indian airline expects to take flight by mid-2014


Indian tea-to-steel conglomerate Tata will hold a 51% stake and Singapore Airlines Ltd 49% in the new venture

gulfnews.com/business/aviation/new-india...y-mid-2014-1.1247402

Singapore “Flyer” of the Week: C&G Environmental

By Sudhan P - October 25, 2013

&G Environmental Protection Holdings Limited (SGX: D79) has flown a whopping 95.7% so far this week and this makes the company our “Singapore “Flyer” of the Week”.

C&G is involved in the investment, development, construction and operation of waste to energy plants (WTE) in China and in other countries. Currently, the company operates five WTE plants: Jinjiang, Hui’an, Anxi, Fuqing in Fujian; and Huangshi in Hubei, as well as a sludge treatment plant in Jinjiang.

On 23rd of October, C&G announced that it had entered into a letter of intent, on the previous day, with a company listed in China, to facilitate the negotiation and finalisation of a definitive sale and purchase agreement in respect of a proposed sale of its waste-to-energy business and assets.

The directors of C&G believe that the sale is “in the best interests of the Company and its shareholders” and that “the Proposed Sale will enable the Company to realise its investment… and to unlock the value thereof for its shareholders.”

The shares closed at $0.225 on Thursday and it is trading at a price-to-book ratio of 0.76. The company last paid dividends in 2011.


Courtesy of The Motley Fool

Ezra Holdings - Baby steps to recovery

CIMB Research

research.cimb.com/index.php?ch=eq_sg&pg=...0749&bb=0&fname=file

REX Intl - TO HOLD CONTROLLING STAKE IN OIL PRODUCTION TECHNOLOGY JOINT VENTURE AND TO PLACE OUT UP TO 70 MILLION NEW SHARES

- Rex International Holding to hold 66.7 per cent stake in joint venture company Rexonic
- Investment to be made with USD 10 million in cash and new shares in Rex International Holding of S$12.4 million
- Private placement of up to 70 million new shares to fund new investments including Rexonic

infopub.sgx.com/Apps?A=COW_CorporateAnno...RIH_PressRelease.pdf


REQUEST FOR LIFTING OF TRADING HALT

Date of Lifting of Trading Halt * 28/10/2013
Time of Lifting of Trading Halt * 0830 hours