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• Revenue: -28.9% (2Q09), -27.4% (1H09)
• Net Profit: -40.9% (2Q09), -32.3% (1H09)
• Press Release: Group revenue and net profit improve quarterly despite challenging times
• Remain confident of new product offerings to be introduced in 2H2009
• Dividend payout represents 47.2% of 1H2009 net profit
• Outlook: Despite the challenging market conditions in which the Group operates in, management will focus on the following to strengthen its business
• The Group will continue to strengthen internal control measures and procedures to achieve better cost and operational efficiency
• It will continue to launch new products in 2H2009 and increase awareness of existing products and conduct new membership drive in all existing markets
• The Group will also increase market penetration in existing markets via expansion of the Group’s Lifestyle Centres and Distribution Centres, implement training programs for members and staff and establish new markets.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 18,976 20,755
2008 25,495 29,207 23,045 18,316 96,063
2007 19,267 27,336 22,088 33,489 102,180

FY 1H 2H Total
2006 35,132 41,982 77,114
2005 25,201 29,897 55,098
2004 12,540 18,467 31,007
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Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 2,003 3,237
2008 2,271 5,473 1,893 989 10,626
2007 2,120 4,520 1,892 4,887 13,400

FY 1H 2H Total
2006 5,766 6,095 11,861
2005 4,350 4,114 8,464
2004 2,146 2,893 5,039
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Dividends

FY Interim Final Special (SGD)
2009 0.01200
2008 0.01200 0.005 0.005
2007 0.01212 0.012 0.008
2006 0.01200 0.013 NA
2005 0.01000 0.010 0.006
2004 0.006250. 00231224 0.00068776
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Bonus Issue / Stock Split

Date Type Details
2007-09-25 Bonus OFFER OF 1 FOR 4
2005-03-21 Bonus OFFER OF 1 FOR 5
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Share Data (SGD)

NAV = $0.2546
EPS = $0.0254 (6M FY09)
No of Shares = 206,249,997
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA