AIO Finance Analysis

STATS ChipPAC to distribute US$813m by capital reduction
STATS ChipPAC, South-east Asia's largest provider of chip testing and packaging services, plans to return up to US$813 million to shareholders through a proposed capital reduction.

Old Chang Kee's success: it's no puff
UNDAUNTED by failed attempts to enter Japan, Myanmar, China, New Zealand and South Africa in the early 1990s, F&B group Old Chang Kee is now launching a second wave of overseas expansion - this time with a firmer hand.

Second A380 jet joins SIA fleet
SINGAPORE Airlines' second Airbus A380, which was handed over to the company in Toulouse, France, yesterday, will join the first one on the Singapore-Sydney route.

One-time gain lifts Ezra Q1 net profit to $188.4m
A HUGE one-time gain lifted offshore support and marine services company Ezra Holdings to a net profit of $188.4 million for its first quarter ended Nov 30, 2007.