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• Revenue: -51% (2Q09), -59% (1H09)
• Net Profit: NM (2Q09), NM (1H09)
• Outlook: The outlook for global economic recovery remains uncertain.
• The Group continues to develop and enhance internal capabilities and its business restructuring process while driving costs down.
• Further consolidation efforts are in progress along with the development of core competencies and competitive niches to position the Group for growth in emerging markets, particularly in China.
• The Group is in the process of re-aligning its resources and marketing efforts to position itself as an innovative, fully integrated wet and dry solutions provider through its MNS and PSI divisions.
• This would provide the Group with greater opportunities to increase its value-chain proposition as a one-stop solution provider.
• For the SSP Division, the Group is targeting to bring in new customers and sales while effective cost containment measures are being put in place.
• The Group aims to finalise and complete all documentation for its bank loans re-financing/restructuring by 3Q2009.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 17,875 18,598
2008 51,172 38,051 39,737 35,631 164,591
2007 43,751 47,423 49,912 54,026 195,235

FY 1H 2H Total
2006 126,859 110,364 237,223
2005 72,665 101,512 174,177
2004 100,019 74,601 174,620
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Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 (3,801) (802)
2008 (582) (14,590) (2,041) 1,786 (15,427)
2007 390 546 2,199 (6,156) (3,021)

FY 1H 2H Total
2006 10,731 5,887 16,618
2005 4,514 5,714 10,228
2004 10,825 2,315 13,140
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Dividends

FY Interim Final Special (SGD)
2009 NA
2008 NA NA NA
2007 NA NA NA
2006 NA 0.01 NA
2005 NA 0.005 NA
2004 0.005 0.005 NA
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Bonus / Rights / Stock Split

Date Type Details
NA
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Share Data (SGD)

NAV = $0.146
EPS = $(0.0109) (6M FY09)
Diluted EPS = $(0.0109) (6M FY09)
No of Shares = 425,426,760
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA