SPH's adopted Polar Bear in its new $8 million enclosure...

One suggestion: SPH could consider adopting  several bulls in our zoo to bring more  good luck to the company & our market. Just for some laughter. (Not vested)

DIVESTMENT OF 40 MILLION ORDINARY SHARES  IN EZION HOLDINGS LIMITED ON 31 MAY 13

The Company will realise an estimated net gain of approximately US$65.7 million from the Divestment subject to any other accounting adjustments which may be necessary upon finalization of the transaction.

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_2EDA1EA295A3D85348257B7B005E75BC/$file/Chapter10_Divestment_of_Ezion_Shares.pdf?openelement

MIDAS’ JV COMPANY NPRT WINS RMB420 MILLION TRAIN CONTRACT

- NPRT to supply 56 train cars to Shenzhen Metro Line 4

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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_48F8B9AE5EE0BE3E48257B7A0032116C/$file/NewsRelease-MidasNPRTShenzhen.pdf?openelementLifts value of NPRT’s year-to-date contract wins to over RMB1.4 billion

China Fish is “currently reviewing its options in light of the Cermaq and Copeinca announcements and will update the market in due course.”

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_34984830C0BF939048257B7500267AC3/$file/CFGL-CopeincaAnnouncement-240513.pdf?openelement

UPDATE FROM THE BOARD OF DIRECTORS OF COPEINCA ASA IN CONNECTION WITH THE VOLUNTARY OFFERS

China Fish needs to have at least ~14.21% more. But got some update from the Copeinca Board:[Tough to acquire this valuable Copeinca? Would China Fish give up?]

" The Board has been informed by each of Dyer Coriat Holding SL (" DCH" ) and Weilheim Investments SL (" Weilheim" ) that each of them will not accept the current offer from CFGL. Together with the announcement from Cermaq, this means that shareholders controlling 51.5% of Copeinca's outstanding shares will not accept the current offer from CFGL and the Board consequently recognises that the CFGL offer condition of minimum 50.1% acceptance will not be satisfied.

The Board will reinitiate a process which will seek to maximise value for all Copeinca's shareholders by soliciting interest from parties potentially interested in acquiring Copeinca. The Board is confident that Cermaq, DCH and/or Weilheim would consider favourably any transaction that may result from such process, provided that this would be in the best interest of all Copeinca's shareholders."

http://www.benzinga.com/pressreleases/13/05/tr3616446/update-from-the-board-of-directors-of-copeinca-asa-in-connection-with-

http://www.reuters.com/article/2013/05/23/cermaq-copeinca-idUSWEB005QM20130523

http://www.undercurrentnews.com/2013/05/23/cermaq-opens-talks-with-others-as-marine-harvest-readies-higher-bid/

2. Still awaiting any new offer from China Fish. Would it be enough for China Fish to obtain the minimum acceptance level of 50.01%?

[The acquisition of Copeinca by China Fish would be transformational, elevating China Fish   to become Peru’s largest producer, as well as among the world’s largest producers, of fishmeal and fish oil. And Peru is the largest producer and exporter of fishmeal and fish oil by volume in the world.]

Current price of Rotary is 0.48. I remember the Chairman/CEO bought Rotary at a price between 0.6 to 0.7 more than a year ago. For our reference...

China Fish's current offer will expire after today. Guess a new offer would be out by tonite?

Marine Harvest's offer might be out today too?

Rotary was highlighted in the latest issue of Share Investment guide:

http://www.sharesinv.com/articles/2013/05/17/is-rotary-engineering-on-a-recovery-track/

The article mentioned that Oman Investment Fund is among the top substantial shareholders, holding a deemed interest of 21.38% in Rotary as of 8 Mar 13. And Omani government last year announced the largest outlay ever, a total of US$100 billion gross investment in the oil and gas sector over the next 10 years, to sustain oil and gas production in the country over the long-term... I agree that    Rotary is showing encouraging signs of making a turnaround in its financial performance.