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.

Old Chang Kee IPO

Closing date of application: 14 January 2008
Commencement of trading: 16 January 2008

Established in the 1986, Old Chang Kee is engaged in the maufacture and sale of affordable food products under their "Old Chang Kee" brand name.

Beginning with just their signature product curry puff, they have now introduced more than 40 other food products sold through their takeaway retail outlets.

They also have dine-in operations at our Old Chang Kee Take 5 retail outlets located at Icon Village, Square 2, Ogilvy Centre, Golden Shoe Car Park, Eastpoint Mall and West Mall, which offer a suite of local delights such as curry chicken or beef stew in loaf/rice, sambal fish rice, curry noodles and nasi lemak as well as our food products.

At present, they have 54 retail outlets in Singapore, 2 retail outlets in KL, and 3 retail outlets in Chengdu....

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Source: Extraordinary Profits