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• Revenue: -64.5% (2Q09), +22.9% (1H09)
• Net Profit: +130.0% (2Q09), +126.4% (1H09)
• Outlook: The negative 2009 GDP outlook for the Singapore economy will have a dampening impact on the business and property outlook for 2009.
• In thiscchallenging and uncertain economy environment, the Group will continue to maintain its focus on managing costs and cashflows, and seeking stable recurring income from its investments properties.
• Barring unforeseen circumstances, the Group expects the contributions from its two business sectors, namely property investment and wet marketcoperations to remain relatively stable.
• In respect of property development business, we expect to progressively recognise sales for its development projects, The Lumos and Juluca, on a percentage of completion basis during 2009 financial year.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 26,612 6,556
2008 8,550 18,432

FY 1H 2H Total
2008 26,982 20,008 46,990
2007 19,263 29,989 49,252
2006 24,560 21,823 46,383
2005 12,256 30,169 42,425
2004 15,268 14,132 29,400
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Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 1,597 5,632
2008 745 2,448

FY 1H 2H Total
2008 3,193 3,844 7,037
2007 48,853 4,849 53,702 (Incl. Gain on fair value of investment properties)
2006 2,349 2,174 4,523
2005 2,320 1,911 4,231
2004 1,972 2,219 4,191
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Dividends

FY Interim Final Special (SGD)
2009 0.0020
2008 0.0035 0.0035 NA
2007 NA 0.006 NA
2006 NA 0.004 NA
2005 NA 0.003 NA
2004 NA 0.002 NA
2003 NA 0.002 NA
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Bonus / Rights / Stock Split

Date Type Details
NA
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Share Data (SGD)

NAV = $0.7633
EPS = $0.0323 (6M FY09)
No of Shares = 223,846,000
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA