Singapore Stock Market News - 6 December 2012

Goodland: Company had on 5 December 2012, incorporated two new wholly-owned subsidiaries known as Goodland Glory Pte. Ltd. (“Goodland Glory”) and Goodland Harvest Pte. Ltd. (“Goodland Harvest”) in Singapore (“Incorporations”). Both Goodland Glory and Goodland Harvest have an issued and paid-up capital of S$1 each and are 100% owned by the Company. Goodland Glory and Goodland Harvest will principally be engaged in real estate investment and development. The Incorporations were funded through internal resources and are not expected to have any material impact on the Group’s earnings per share or net assets per share for the financial year ending 30 September 2013

Lippo Malls Indonesia Retail Trust: Update to Circular Dated 26 November 2012. Please click here to view the full info.

Popular: its wholly-owned subsidiary, Popular Warehouse and Distribution Pte. Ltd., has been awarded the tender for an industrial site situated at Serangoon North Avenue 5 (the “Site”), by Jurong Town Corporation at a tender price of S$26,999,000 on 5 December 2012. The industrial site comprises of a 30-year leasehold plot with an area of approximately 7,504 square metres (or 80,773 square feet) and a gross floor area of approximately 18,760 square metres (or 201,932 square feet). Subject to the Group obtaining all the necessary approvals from the relevant authorities, the Group intends to develop the Site into an industrial development comprising of offices and warehouses units. The costs of the acquisition and development of the Site will be financed by internal resources and bank borrowings and is not expected to have a material impact on the consolidated net tangible assets per share and consolidated earnings per share of the Group for the financial year ending 30 April 2013.

Transcu: Company has today completed the allotment and issue of the 92,000,000 award shares (the “Award Shares”) to the eligible participants as stipulated in the Relevant Announcement. Following the completion of the allotment and issue of the Award Shares to the eligible participants, the total issued share capital of the Company has increased to 3,479,911,758 fully paid-up ordinary shares. The Award Shares will rank pari passu in all respects with and carry all rights similar to the existing issued shares in the Company. The Award Shares will be listed and quoted for trading on the Main Board of the Singapore Exchange Securities Trading Limited with effect from 9.00 a.m. on 6 December 2012.



Daily Share Buy Back:

Viking Offshore and Marine Ltd - 55,000 shares or S$ 5,785