Genting has casino plans

A Manx-based casino company has announced plans for an £85 million gambling resort in Birmingham.

Genting International’s UK arm, Genting Stanley hopes to build a mega-casino, spa, shops, and motel at the National Exhibition Centre.

The company says details are still being worked and planning permission still needs to be sought, but decisions on the scheme are expected in the near future.

Before the facility can go ahead, Genting will need a gaming license from Solihull Metropolitan Borough Council, as well as permission to operate a large casino within the complex.

Hotels need long-term plan for F1 packages: study

HOTELS need to have in place a long-term pricing strategy when it comes to room rates and hospitality packages for the Formula One race to ensure that visitors keep coming back for subsequent races.

Integrated Decisions and Systems International Inc (IDeaS), which provides revenue optimisation software to the hospitality industry, released a study conducted last September which examined two Grand Prix weekends in Shanghai, Kuala Lumpur (KL) and Melbourne.

While both occupancy and daily room rates saw an increase on average, both Shanghai and KL did not achieve full occupancy. Instead, hotels in the two cities saw occupancies of 87 per cent and 85 per cent respectively on Saturday night of the race weekend.

This could be due to weaker demand from F1 fans than anticipated, coupled with insufficient bookings from base business such as groups and air crew, the study said. A mix of customer base - both leisure and base bookings - would be ideal to maximise revenue.

Average daily rate for hotel rooms should be 55-60 per cent higher during the race weekend compared with surrounding weeks, while revenue per available room (RevPAR) generally registers an 80-90 per cent jump, the study recommends.

For Singapore, reasonable prices could prove an added incentive for visitors, should the novelty of a night race lose some of its shine over the next few years.

However, cancellations also reached a high as people might be inclined to shop around, said IDeaS' director of services, Klaus Kohlmayr, who suggested that in addition to deposits or cancellation charges, hotels should consider overbooking their rooms. Describing overselling as a 'manageable risk', he pointed out that cancellation was averaging 60 per cent higher during the race period in the three markets analysed.

A review of the booking curves for Shanghai and KL also revealed that bookings began to flow in much closer to the actual date, with the majority of demand occurring about two to three months before the race itself and over 50 per cent of individual reservations taking place within a month of arrival.

Sino Construction launches IPO to raise $35.6m

BUILDING construction and civil engineering company Sino Construction yesterday launched an initial public offering of 152,698,000 invitation shares at 39 cents each for a Singapore Exchange mainboard listing.

'The past few years have seen rapid development in Daqing, with urbanisation driving demand.' - Mr Zhao

The issue consists of 100 million new shares and about 52.7 million vendor shares.

The company, based in Daqing - China's largest petroleum production base - plans to raise net proceeds of about $35.6 million. It plans to spend $17.5 million setting up a concrete mixing plant and buying related equipment. The plant is expected to be operating by year-end. A further $10 million of the IPO proceeds will be spent on construction machinery. The balance will be used as working capital.

The IPO consists of 6,398,000 public-offer shares and 146,300,000 placement shares. All placement shares have been fully subscribed. The invitation shares are offered at a price-earnings ratio of 5.85 times based on FY2007 net earnings per share of 6.67 Singapore cents.
The company's revenue increased from 1.1 billion yuan in FY2006 to 1.16 billion yuan in FY2007. Net profit rose 18.4 per cent to 168.5 million yuan (S$33.1 million) for FY2007. As of April 1 this year, the group had a confirmed order book of 1.18 billion yuan.

Sino Construction plans to secure more big jobs with greater contract value to boost its margins and corporate image. For instance, the group has been invited to tender for the Daqing airport and railway station projects. It is also looking at expanding into second-tier Chinese cities and overseas.

Demand for the company's services is expected to be fuelled mainly by rapid urban development in Daqing, the development of an industrial corridor, and government initiatives to attract more foreign investors to Daqing.

Sino Construction's executive chairman and chief executive Zhao Chuan Wen said: 'The past few years have seen rapid development in Daqing, with urbanisation driving demand for commercial and residential projects. The urbanisation phase is still in an early stage, so we feel that there are a lot of opportunities for construction companies like ourselves.'

The public offer closes on June 10 and trading of Sino Construction's shares is expected to start on June 12.

Brokers' Take

Chartered Semiconductor

June 4 close: S$0.87

Morgan Stanley, June 3

GIVEN the tight capacity at leading edge, judicious capital spending in the industry, and competitors' announced intentions to raise prices, we see Chartered as the key beneficiary with potential for share gains and better profitability this year.

We upgrade the stock to 'overweight', and raise our 12-month TP to S$1.10, implying 31 per cent upside to current share price.

Expanding market share at 65 nanometer (nm) likely for H2 2008: As outlined recently in our foundry monthly report, we believe Chartered has been taking share over the past few quarters.

While most of it has come at the trailing edge, several indicators that we track would lead us to believe that share gains at 65nm are likely for H2 2008. These include our analysis of new 65nm tape-outs and also capacity expansion plans for leading edge.

Margin should improve from Q3 2008 onwards: As most of the 65nm tape-outs are going into mass production in H2 2008 and 2009, we expect Chartered's utilisation to improve significantly in H2 2008 and thus expect an improvement in overall margin structure.

We are forecasting operating margin to improve from (1.6 per cent)/1.3 per cent in Q1/Q2 2008, to 6.3 per cent/9.5 per cent in Q3/Q4 2008, due to larger economy scale and hence operating leverage.

Implications: While Taiwan Semiconductor Manufacturing Co remains the industry leader, high valuation and macro concerns prevent us from being more positive. We believe Chartered is a better play in the foundry sector with its attractive valuation, share gains, and potential for re-rating as its profitability improves.

The stock is trading at 0.86 times P/B, the trough of its historical range of 0.7-1.6 times; risk-reward is attractive.

OVERWEIGHT

Keppel Corporation

June 4 close: S$11.90

DBS Group Research, June 4

JUST two days after announcing its last contract win, Keppel Corp has secured another contract. The contract is valued at US$385 million and is a repeat order to build a semi-submersible drilling rig for Brazilian driller, Queiroz Galvao Oleo e Gas (QGOG). This price excludes the drilling and subsea equipment which will be supplied by the customer, QGOG.

This rig will be built to the DSS 38 design jointly developed by Keppel O&M's technology arm Deepwater Technology Group and Marine Structures Consultants of The Netherlands. Its design can operate in water depths of 9,000 feet (2,740 metres) and can meet the operational requirements in the deepwater 'Golden Triangle' region, comprising Brazil, Africa, and the Gulf of Mexico.

This latest rig, to be named Alpha Star, is a repeat order of the first semi-submersible, Gold Star, which was awarded to Keppel in August 2006. Gold Star will support Petrobras' growth plans when delivered in H2 2009, while Alpha Star may be deployed in either offshore West Africa or South America, when delivered in H2 2011.

With this, YTD wins will amount to S$2.8 billion and account for 46 per cent of our order win assumption of S$6 billion. Order book is estimated to rise to S$13.9 billion. There is no change in earnings estimates as we have already assumed S$6 billion of contract wins for FY2008.

We believe that contract flows over the last one week have stemmed from Petrobras' requiring up to 12 drilling rigs (could be a combination of jack-ups, semis and drillships) with delivery dates by mid-2012.

Both yards are currently able to deliver semis in both 2011 and 2012, while for jack-ups, delivery slots for delivery in 2010 are still available. Maintain 'hold', with TP of S$12.56.

HOLD

Gallant Venture

June 4 close: S$0.775

OCBC Investment Research, June 4

LAND sales gaining momentum: Gallant Venture recently updated that its order book for land sales has reached a record S$64 million as of May 2008 (versus S$19.5 million in April 2008), representing a quadrupling of 2007's sales.

We view Gallant's fast-growing order book as an achievement brought about by the successful launch of its Lagoi Bay project, and this could signal growing momentum of land sales from here on. Furthermore, most of its land parcels were sold at premium prices, implying that investors are still bullish on Bintan's land value despite the ripple effects brought on by the US sub-prime crisis.

Gallant continues to trade at a 21 per cent discount to the value of its landbank and a 20 per cent discount to our fair-value estimate.

We maintain our 'buy' rating on Gallant, and our RNAV-based, fair-value estimate remains at S$0.94.

BUY

高通、SK电讯和新加坡电信有意入股中国电信

《东方早报》网站周二晚间报导称，中国电信股份有限公司(China Telecom Corp., CHA, 简称：中国电信)的潜在战略投资者包括高通公司(Qualcomm Inc., QCOM)、新加坡电信(Singapore Telecommunications Ltd., SGAPY, 简称：新电信)和SK电讯(SK Telecom Co. , SKM)，报导未提供消息来源。

报导称，高通已经在与中国电信谈判入股事宜，而新电信和SK电讯也都向中国电信抛出了橄榄枝，但报导没有作出具体说明。

报导称，由于中国电信将收购中国联通股份有限公司(China Unicom Ltd. , CHU)的CDMA网络，高通可能降低向中国电信收取的CDMA技术专利权使用费，作为入股协议的一部分。

报纸网址：http://www.dfdaily.com/

新加坡股市收盘走低，受信贷担忧影响；支撑位看3100点

新加坡股市周二收盘走低，因市场对信贷危机的担忧情绪再起，但分析师们称，基准海峡时报指数不大可能跌破3100点。

AmFraser资深研究副总裁Najeeb Jarhom称，海峡时报指数上次收盘低于3100点是在今年4月16日；交易员们因此相信在3100点时可以入场交易。

海峡时报指数收盘跌34.11点，至3153.94点，跌幅1.1%。

30只成份股中有22只收盘走低，大盘345只股票下跌，188只股票上涨。

市场成交量极低，为11亿股。

因市场对信贷危机的担忧情绪再起，许多投资者选择离场观望。

Singapore-listed Genting plans $176 mln UK casino

SINGAPORE, June 4 (Reuters) - Gambling group Genting International said it has agreed to jointly develop an entertainment centre in the UK for 90 million pounds ($176 million).

Genting's UK unit Genting Stanley will develop the centre, which will include a large casino, spa and hotel, at the National Exhibition Centre in Birmingham, Genting said in a statement.

The deal is not expected to affect Genting's earnings for the financial year ending Dec 2008, the firm said.

(Reporting by Koh Gui Qing, editing by Neil Chatterjee) ((Guiqing.Koh@thomsonreuters.com; Reuters Messaging; guiqing.koh.reuters.com@reuters.net; +65 6403 5665)) ($1=.5113 Pound)

BT Corporate Transparency Index (Issue 4)

云顶股价技术回扬

云顶集团(GENTING, 3182，主板贸服股)是本地一只知名且历史悠久的蓝筹股。该集团所涉足的主要业务的赌场经营、休闲和种植。此外，该集团亦拥有赌船经营、产业发展、纸张制造、发电、油及气体开发等业务。

根据云顶集团截至3月31日的季度财务报告显示，该集团的营业额从20亿2964万令吉增至21亿6431万令吉，增幅约6.6%。

而它的季度净利则从去年同期的6亿5669万令吉降低至4亿3941万令吉，降幅为33.1%。

从该股项的日线图上分析，其股价于去年10月29日再度试挑8.50令吉的阻力水平不果后，节节败退，于上周三（5月28日）创下近1年半的低位，5.70令吉。

过后，在连续两天的反弹走势中，该股作价再次返回6令吉以上的价位，在上周五闭市于6.15令吉，处于其7日与21日移动平均线之上。

有望勾出利好黄金交叉 另外，该股项的日线异同平均乖离指标(MACD)或有望勾出一道利好的黄金交叉。

技术分析而言，该股项的当前阻力水平位于6.40-6.55令吉之间。而它的当前支持水平则落在5.85令吉-6.00令吉之间。

Source

进军亚洲和国际市场 云顶国际马克联营电视业务

2008/06/02 17:50:35
●南洋商报

（吉隆坡2日讯）云顶国际与马克伯内特国际公司（Mark Burnett）携手联营，开发、制作与经销电视真人秀以及游戏节目，进军亚洲和国际市场。

云顶国际发表文告指出，该联营公司名为马克伯内特制作亚洲公司（MBPA），各别持有50％的股权，在10年独家合作关系下，主要业务在亚洲创作、制作、拥有及发行电视连续剧、游戏节目或真人秀节目。

“云顶国际将通过内部融资，并预测对公司在2008财政年的净有形资产及每股盈利不会带来任何实际影响。”

文告指出，新成立的联营公司将利用圣陶沙综合渡假名胜世界（Resorts World）的设备及旅游胜地的便利，制作电视连续剧、游戏节目或真人秀节目。

Source

了解时局·穿针引线 云顶打入伦敦市场

2008/06/01 17:34:44
●南洋商报 谢静雯整理译自《福布斯亚洲》

仍旧单身的梁铭隆，经常穿梭在全球各个据点，包括伦敦、云顶总公司马来西亚、丽星邮轮集团的香港以及新加坡。而英国方面，这个父母常住、加上求学超过10年的国家，也是他认为最棒的地方。

云顶国际董事经理陈和瑜说：“梁铭隆的背景，让他对英国有不同的观点。他也很年轻，所以他非常了解市场的年轻顾客群。” -->-->在2004年夏天，通过他的引领下，为云顶收购伦敦高档赌场Maxims铺路，并成功打入伦敦市场。

“当时该公司正要脱售，所以我与其总执行长会面，在Maxims外，他说：‘我会以账面价值卖给你。’也就是约1千800万美元（5千814万令吉），是个值得的交易，因为在2001年时他们则要求6千万美元（1亿9千380万令吉）的价格，之后该公司一直面临亏损。”

在外证实实力 “我联络我舅舅，他说：‘当然，快与他握手并去收购’，之后，我就被舅舅带入云顶，并帮助拓展业务，并坐上了策略投资主管一位。” 这样的结果绝对不是注定的，就好像许多企业巨头的子女，梁铭隆在大学后也是在外证实自己的实力。

他与姐姐在香港高盛工作，而妹妹则在英国当医生。 从小在云顶高原长大，母亲及父亲在云顶工作近20年，分别负责行政以及赌场营运。

“我们住的地方是五楼的顶层豪华公寓，与办公室是直接连接的。长大后，你会慢慢发现这不是一个其他人都能够从小长大的地方。” 隐瞒身分伦敦高盛打工 出生在富有家庭，也可以是一把“双刃刀”，当拥有机会时，因为你来自大商业家庭，所有人都预测你可以达到目标。

而梁铭隆深深牢记一句话：“你的名誉可能为你打开一扇门，但真正算数的是你在房内做的事情。” 在牛津读完地理课程后，梁铭隆在经过15个面试后，在伦敦高盛工作。

在接下来4年，他专注在合并及科技股项的交易。 他的前任上司，高盛的理查特提到梁铭隆时表示：“他是一个很聪明、勤劳的人，直到他走了，我才知道他真正的身分。” 在2003年，梁铭隆决定回到大马，也是前首相敦马哈迪执政的最后一个月。

前面的路还很长 作为林梧桐唯一一个在云顶工作的孙子，他是否会接任继承人一职，很多业内人士都是如此认为，但他倒不认同：“我还算是年轻，舅舅林国泰也是，前面的路还很长，我只要求能从每天的工作中学习。”

梁铭隆长时间投入在工作中，以完成公司拓展目标。分析员甚至透露，他甚少睡觉，更曾经在早上5点时接获他的信息或电邮回复。 这一切都只有一个原因，就是消除所有人对“云顶到底是什么公司”的疑问。

Source

梁铭隆誓让云顶赌霸全球

2008/06/01 17:34:22
●南洋商报 谢静雯整理译自《福布斯亚洲》

外祖父是创办人，舅舅是顶头上司，来到了第三代，梁铭隆在云顶扮演的，却是物色猎物的角色，为云顶投下重大赌注。

云顶除了拥有赌场业务外，旗下也坐拥能源及种植业务。2004年杪，在云顶收购英国连锁赌场公司史丹利休闲（Stanley Leisure）第一批的7％股权之前，后者所有执行人员脑中闪过的只有一句话：“云顶到底是什么公司？” -->-->“回想起当时，我们与该公司的总执行长及总营运长洽商时，他们问道：‘你们到底是谁？’他们根本没听过云顶这家公司，就算亚洲外有人知道我们，也从来没考虑我们是潜在的商业伙伴。”

梁铭隆接受《福布斯亚洲》专访时这么表示。 自2004年加入云顶后，他发誓将会改变这一切！因此，他致力寻找新的成长机会，除了提高知名度之余，也要改变他人对云顶的想法，并冀望带着云顶冲出海外，让所有人都认识云顶。

成为英国最大赌场业者 而云顶的声誉的确在不断提高当中。自在2006年以13亿美元（约41亿6千万令吉）收购史丹利休闲，成为英国最大的赌场经营者。

在新加坡方面，该公司也赢得了赌场兼度假村的竞标，计划将在2010年投入运作，并预料在2015年时能吸引近1千500万名游客前去。

Source

Brokers' take

Indofood Agri Resources
June 2 close: S$2.47
DMG & Partners Securities, June 2

INDOFOOD Agri Resources (Ifar) is one of Indonesia's leading oil palm planters and producers of crude palm oil (CPO), producing over 312,000 tonnes in FY2007 and 170,000 tonnes in Q1 2008. It has about 165,853 ha of planted area, with a mature area of 122,151 ha. Ifar's total land bank is 406,519 ha (excluding plasma) as at end- March, up from 237,262 ha before the acquisition of London Sumatra.

Outlook for the palm oil industry is still positive. First, demand for CPO worldwide has remained strong. Consumption grew by more than 28 per cent, from 28.2 million tonnes in 2003 to 36.3 million tonnes in 2006.

Second, prices of CPO have been soaring as under-cultivation in the past has resulted in supply lagging demand. CPO prices rose to a recent high of US$1,395 per tonne in March this year.

About 74 per cent of its planted area is classified as mature and 49 per cent is in the prime age category (seven to 20 years). In addition, another 10 per cent of its planted area will be entering its prime age within the next three years. We believe Ifar's age profile of trees favourably positions it to enjoy the benefits of the current high CPO prices.

With the global trend of higher consumption of palm oil and the present high CPO prices, we believe that Ifar is in a sweet spot for growth, especially with its high ratio of mature acreage.

Using a PE of 14 times that is in line with Singapore and Malaysia plantation companies, we value Ifar at S$3.34, translating into a potential upside of 33 per cent from its last closing price of S$2.51.

We are initiating coverage on Ifar with a 'buy' rating. BUY

旅客与入住率保持在高水平 酒店业务前景看好

随着抵达我国的游客人数和本地酒店入住率(occupancy rate)保持在高水平，各家证券行看好本地酒店业务前景，其中城市发展酒店服务信托(CDL Hospitality Trusts)和大中酒店(Hotel Grand Central)尤其备受推荐。

星展集团研究报告说，抵达我国的游客人数今年4月继续稳在82万6000名，与去年大致一样，而酒店的平均入住率估计为84％，比去年同月略减1％，原因相信主要是4月间缺乏大型项目所致。可是酒店平均客房收费每晚却达到254元，年比增加了32.5％。

在接下来几个月里，星展集团预期从5月到7月举行的新加坡热卖会、9月的一级方程式(F1）赛车以及各项会议、展览与奖励旅游业(MICE)等活动将吸引更多人士前来本地，从而促进到访者人数的增长、确保入住率和客房收费处于稳定水平。

考虑到本地强劲的酒店入住率环境，而客房供不应求的局面在短期的未来不会改观，星展集团给予本地酒店业“加磅”的评级，其中城市发展酒店服务信托继续列为其首要推荐对象。根据星展对它作出的每股可派发收入估计，它的现价意味着08财年和09财年的股息率分别为5.9％和6.6％，因此星展给予它“买入”评级，目标价为2.90元。

城市发展酒店服务信托也受联昌国际研究青睐。联昌国际认为，本地接下来八年对酒店住宿的需求料会上升，政府已经设定到了2015年，来自游客的收入和到访人数将分别为300亿元和1700万名的目标。

作为本地最庞大的酒店业主以及唯一的酒店信托，信托将从酒店住宿的强劲需求中受惠，联昌国际因此给予它“表现优于大市”的评级，目标价为2.38元。

至于大中酒店，它不久前刚公布首季业绩，多家证券行都认为符合市场预期。星展集团研究认为，尽管它脱售坐落在澳大利亚柏斯和马国吉打州的两家酒店后，意味着失去了来自它们的营收贡献，本地和澳大利亚酒店业务却因两地客房供应紧张而表现不俗。

由于它共有65％的营业额以及55％的客房来自新加坡和澳大利亚，它接下来的业务表现料会保持稳定，尤其是新加坡市场正在享有强劲的游客需求。星展给予它“买入”评级，并把目标价定为1.34元。

华侨银行投资研究也指出大中酒店的季度业绩符合其预测，并料会从本地和澳大利亚两地酒店的较高客房收费中受惠。华侨银行看好它的本地酒店表现，把它全年的净利预测从2690万元提高到2930万元，因此维持对它的“买入”评级，并把合理价值估计定为1.25元。


除了城市发展酒店服务信托和大中酒店外，星展集团研究也建议吸购业务多元化的安国控股(Amara Holdings)及文雅酒店(Hotel Plaza)的控制股东华业集团(UOL Group)，指它们在本地拥有显著的酒店业务，也将从本地旺盛的酒店服务市场中受益，因此把它们的目标价分别定为82分和5.22元。

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金价持续走低

美元兑欧元汇率会否持续走弱，原油价格（已达历史性135美元高水平）又会否再飙升，都是国际黄金市场的焦点所在。其实，只要美元持续走弱，则可带动原油与黄金，前者产生飙高的通货膨胀，作为抗通胀的黄金因之受投资者青睐，而把之提升。

联储局公布其于4月底的会议记录暗示，前半年经济衰退，不过后半年则有微升的迹象，考量通胀与弱势美元，可能取前者而舍后者。意思是说，优先处理通胀的问题，但不是调高利率，而是暂停降息的行动，立竿见影，美元因之徘徊在1.57的水平，黄金价格则流连在920美元以上。

美元拒绝回升，原油价格也拒绝回跌，两者都在等待对各自有利的消息涌现，此时发生世界第八大原油生产国尼日利亚的叛军爆破输油管事件，之前北海原油生产已出现了问题，考虑到供应可能受到干扰，原油市场遂被提升，其价格仍然站稳在130美元以上，稳住了黄金的走势。

当原油价格居高不下与美元仍呈徘徊时，欧盟最大经济体德国的消费者情绪数据下降，撩起了该区经济可能出现裂缝之说，欧元走弱，反之美元走强，黄金受到打压，但为高油价产生通胀的恐惧所抵消，提供黄金一个止跌的平台，黄金就是这样被美元与原油“玩”于股掌之上。

美国4月份新房屋销售出乎意料上升，驱使美元大幅上升至1.56，打击原油价格下挫至低于130美元，黄金价格也由930美元滑跌至900美元的水平；又美国4月份耐用品订单下降，但比预期的小，支持联储局可能维持利率不变的观点，美元进一步走强至1.54，黄金进一步被打压至870美元水平。

当美元呈弱势、原油表现出色时，为黄金走势最佳的状态，而两者的情况相反时，则拖累黄金，但这又并非坏事，一是市场可喘一口气，其次是给现货需求者捡便宜货的机会，配合消费者需求，投资需求重新提升市场时，才不会有所牵挂。

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澳世敦向子公司购股交易完成

澳世敦国际（Auston International）以15万元或每股0.1元的价格，向其子公司M2B Game World另外认购150万股普通股的交易已完成。这批附加股是以折扣价格售卖给澳世敦，M2B Game World的每股净资产值是约0.11元。　　

交易过后，澳世敦将持有M2B Game World的83.4％已发售股本或960万股普通股，比之前所持的股份多出了2.4％。　　

交易预料将不会对公司截至明年3月底的每股净有形资产值有实质影响。

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中国泰山科技私下配股给IPC

中国泰山科技集团（China Taisan Technology）在公开售股的同时，将通过私下配售让IPC企业以727万7000元，或每股24分的价格收购3000万股配售股，相等于中国泰山10.59％的资本市值。

中国泰山是家编织表纤制造商，公司已向新加坡金融管理局提交初步招股书，准备在本地主板股市挂牌交易。

比以中国泰山截至去年底的全年每股盈利计算，这次股票认购的本益是4.68倍。

IPC的董事严名杰已以个人身份，认购了中国泰山公开售卖的1000万股普通股。

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易联控股购吉林松原石化49％股权

易联控股(E3 Holdings，前称EI-Nets)的独资子公司Englo房地产发展，以9525万元人民币(1868万新元)收购中国吉林省松原石化企业有限公司49％股权，进一步参与松原市的石油生产与石化加工项目。

易联说，松原石化拥有并经营松原市的一家炼油厂。作为收购行动的一部分，毗邻有关炼油厂的3平方公里地皮也将进行发展石油生产和石化加工项目，易联为此有意寻找战略性伙伴来引进外国科技和资源。

它解释说，收购松原石化主要是因为对方的炼油与土地发展项目，同公司在吉林省其他地方的投资相辅相成，收购让公司能够在松原市发展项目中扮演个战略性角色。

收购行动也符合公司要在能源和房地产领域寻求增长机会的策略，而不是局限于其传统上的科技与教育业务。

有关收购协议今年1月原本由易联与佳德科技(Jade Technologies)各自的子公司携手达致，但佳德上个月底以专注于主要的采煤业务为由，宣布终止合资收购协定。

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富时海峡时报中国指数 成分股消息可在新交所网站查阅

新加坡交易所与新华财经合作，报道富时海峡时报中国指数(FTSE ST China Index)成分股的消息。

新华财经是中国首要的财经新信息和媒体服务公司，而新华财经新闻是新华财经的主要新闻产品，以大中华地区为重点，它将定期报道在新交所上市、海峡时报中国指数内的中国公司消息。

从昨天开始，这些报道可以在新交所的网站上查阅。

新交所副总裁兼数据服务部主任赖国良表示，新华财经新闻在多个国家设有办事处，并对中国有着深刻的了解，其新闻服务将提高从本地市场与投资者间的信息流动。

富时海峡时报中国指数是以中国为主题的指数，其中包括了在新交所上市的排名前50位的中国股票，以协助分析和比较。

该指数于2008年1月10日推出，与修改过的海峡时报指数以及新的富时海峡时报指数系列一起，为本地证券市场提供更有深度的涵盖。

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新加坡股市收盘走低，受信贷担忧影响；支撑位看3100点

新加坡股市周二收盘走低，因市场对信贷危机的担忧情绪再起，但分析师们称，基准海峡时报指数不大可能跌破3100点。

AmFraser资深研究副总裁Najeeb Jarhom称，海峡时报指数上次收盘低于3100点是在今年4月16日；交易员们因此相信在3100点时可以入场交易。

海峡时报指数收盘跌34.11点，至3153.94点，跌幅1.1%。

30只成份股中有22只收盘走低，大盘345只股票下跌，188只股票上涨。

市场成交量极低，为11亿股。

因市场对信贷危机的担忧情绪再起，许多投资者选择离场观望。