ICT magazine

ST Engineering today said its aerospace arm, ST Aerospace, has unveiled its latest hangar complex at its China facility at Pudong International Airport in Shanghai. Its facility in Shanghai, Shanghai Technologies Aerospace Company Limited (STARCO), is a joint venture company between China Eastern Airlines (CEA) and ST Aerospace. Read more...

Healthway Medical Corporation says the company has agreed to place out 108 million new shares to International Finance Corporation (IFC), a member of the World Bank Group, at 13 cents per share. This equity investment is part of the US$25 million ($35 million) financing package from IFC, which comprises ...

Brady Sidwell has been promoted to head of Food & Agribusiness Research and Advisory, North East Asia wef Mar 1 Work experience: Has been in charge of food and agribusiness strategic advisory for North East Asia with Rabobank since 2005

Chia Wei Ho has been appointed COO wef Mar 1 Work experience: GM, Chamberlain Computime Investment (HK) Ltd; COO/CFO, Tri-M Technologies (S) Ltd; independent director/ED, Medtecs International Corporation Ltd

The ruling of International Court of Justice (ICJ) could make room for alleviation of “tensed relations” between Belgrade and Priština, Pieter Feith stated. “After the ICJ gives the advisory opinion about the legality of the (Kosovo Albanian unilateral) independence declaration, I suppose and I hope that communication, contacts and over ...

‘Poker Face’ singer Lady Gaga is said to have dominated the annual Echo Awards in Berlin, winning three of the main awards. Gaga, 23, real name Stefani Germanotta, was awarded for Best Newcomer, Best International Rock or Pop Act, and Hit Of The Year for Poker Face, but she was not ...

JACKSON BROWNE & DAVID LINDLEY COME TOGETHER FOR INTERNATIONAL TOUR THE DUO RELEASE LOVE IS STRANGE, A 2-CD LIVE SET ON MAY 11 Jackson Browne Singer-songwriter Jackson Browne will take to the road this summer with his band and longtime friend and musical co-conspirator ...

Tan Guan Liang has been appointed ED wef Mar 1 Work experience: Business development manager, Matex Int’l Ltd; head hunting executive, Matex Int’l Ltd

Soh Hang Kwang has been appointed CEO, Singapore Branch and Representative Markets wef February 2010 Work experience: MD, Corporate and Capital Markets Group, Citibank; MD, Corporate Development, Citibank; headed ABN AMRO’s corporate coverage and advisory functions

Heng Kheng Seng has resigned as non-executive chairman wef Feb 24 Reason for cessation: Mr Heng, founder of Penguin Group, was appointed chairman and MD since the Company’s IPO in October 1997. As part of a long-term succession planning strategy, Mr Heng stepped down as MD in September 2004 and ...

Kim Eng Research in a Mar 2 research report says: "FY09 net earnings growth of 22.9% to US$1.88bn included a one-time gain of US$178.8m from the sale of new shares in Wilmar China to members of the Kuok Group. Excluding this, net earnings growth was 12%. Read more...

Epure International, the China-based water solutions provider, says net attributable profit (PATMI) surge by 38% year-on-year (y-o-y) to RMB280.5 million ($601 million) for the 12 months ended 31 December 2009 (FY09) as revenue climbed 26% y-o-y to RMB1.29 billion. The strong revenue growth was attributed to strong contributions from ...

Direct-selling company Best World International, which specialises in the distribution of proprietary health and lifestyle products, has reported a net profit of $9.7 million amidst a 24.1% decline in revenue results for the financial period ended 31 December 2009 (FY2009). Fourth quarter revenue increased 2.3% to $18.7 million in ...

Apex-Pal International, which operates the global chain of Sakae Sushi restaurants, today reported a net profit before tax of $3.3 million for the fiscal full year ending on 31 December 2009. With 62 local and 100 international stores, Apex-Pal says turnover fell 5% to $88.8 million at the back ...

The space shuttle Endeavour blasted off from the Kennedy Space Center Feb. 8 on one of NASA's most anticipated missions to the International Space: the delivery of the Tranquility node, the final module of the U.S. portion of the space station. Tranquility will provide additional room for crew members and ...

Memtech International, the integrated component solutions provider for the mobile phone, IT equipment and automotive industries, reported an 88.7% increase in net profit attributable to shareholders to US$2.4 million ($3.4 million) for the financial year ended December 31 2009 (FY2009), on the back of a 4.3% decline in revenue to ...

YHI International, the distributor of car and industrial products and an original design manufacturer (ODM) of alloy wheels, today reported a 16.1% rise in net profit attributable to shareholders to $22.6 million in FY09. Turnover for the group eased 9.5% to $414.4 million in FY09 from $458.0 million in ...

HTL International Holdings, one of the world’s leading leather tanners and sofa manufacturers, says the group has returned to full-year profitability with net profit of $48.3 million compared to a net loss of $20.3 million the year before. Turnover in Q4 2009 rebounded strongly to $170.4 million, its first ...

Penguin International, the integrated marine and offshore services group with interests in shipbuilding, ship owning and ship chartering, posted a 17.3% fall in net profit to $7.3 million in the full year ended 31 December 2009 (FY09) without significant contribution from vessel sales. Revenue rose to $114 million in ...

Ying Li International Real Estate, the property developer of commercial and residential property projects in Chongqing, says strong demand enabled the group to achieve a 52.4% jump in total revenue to RMB 132.2 million ($27.3 million) for the financial period ended 31 December 2009. This was the result of ...