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More orders for CHINA TAISAN |
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Written by Pak Yudan
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Wednesday, 29 October 2008
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 Weaving spandex into polyester gives Dupont's Lycra a run for its money.
“EVEN AFTER the Beijing Olympics, we still foresee the demand for sportswear to grow domestically. There is currently no sign of slowdown. Orders from distributors for 2009 summer season are up by 40% year-on-year,” said Mr Lan Chong Han, manager of Xtep.
China Taisan is a supplier of functional fabrics to Xtep, and now trades at a forward dividend yield of around 17% as it has committed to pay out 30% of its profit in FY08 and FY09.
Full article on analyst trip: CHINA TAISAN: Enjoying more orders from sportswear makers
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Toasting Phillip Securities' 5th anniversary of CFD |
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Written by Leong Chan Teik
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Tuesday, 28 October 2008
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 A section of the guests at Phillip Securities' event at the Cricket Club. NextInsight photo
ABOUT 50 guests, including investors, joined Phillip Securities last Friday in a dinner to celebrate the 5th anniversary of the broker’s introduction of CFD in Singapore.
Held at the Singapore Cricket Club, the dinner also featured two speakers higlighting the strengths of their businesses:
* Sean Lee, CEO of Marco Polo Marine; and
* William Lim, CFO of Beng Kuang Marine.
Also present was Loh Hoon Sun, MD of Phillip Securities.
Read about the event: PHILLIP SECURITIES celebrates 5 years of CFD |
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Drydocks' S$410 million infrastructure spending in Batam |
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Written by Sim Kih
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Monday, 27 October 2008
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 A ferry ride between Batam and Singapore takes less than one hour.
INFRASTRUCTURE DEMAND just 20 km away from Singapore at Batam Island is likely to be boosted in 2009 when Drydocks World SEA builds its S$410 million marine services center.
Companies which stand to benefit include suppliers of:
(1) Infrastructure construction and engineering services
(2) Sand, as over 170 hectares of land is to be reclaimed for the project;
(3) Charter services by tugs and barges to transport sand and other building materials;
Read about Drydocks World SEA’s expansion plan: DRYDOCKS WORLD: Adds 174 ha to former Pan-U and Labroy yards |
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Sitra Holdings: Sold $27.5 m of furniture and products |
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Written by NextInsight team
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Sunday, 26 October 2008
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 Sitra Holdings had $27.5 m in sales in the first half of this year
SITRA HOLDINGS’ founder, George Chew, is the older brother of Chew Hua Seng of Raffles Education fame.
George is in the business of outdoor furniture and products all over the world. It’s a tougher business than education but he has come a long way too.
Sales by Sitra in the first half of this year amounted to $27.5 million. Net profit was $334,000.
Full article: SITRA HOLDINGS: Walking the green path
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Catching up with Kenny Yap |
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Written by Leong Chan Teik
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Friday, 24 October 2008
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 Kenny The Fish enjoys morning coffee under a shady tree. Photo by Leong Chan Teik
WHEN WE arrived at Qian Hu’s sprawling farm in Jalan Lekar in the Choa Chu Kang area, it was bustling with excited school children on a tour.
Eventually we located Kenny Yap, the Fish. The chairman was taking a mid-morning break at an outdoor bench, enjoying coffee with his workers under a shady tree.
It was an idyllic scene but soon it was time for the workers to get back to the hard but enjoyable work of feeding fish, breeding arowanas, and packing fish for export.
Qian Hu has just reported sales of $70.2 million for the first nine months of this year. Now, that sure is a lot of fish and accessories sold.
Full article: QIAN HU eyes nascent Indian ornamental fish market |
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