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• Revenue: +42% (2Q09), +19% (1H09)
• Net Profit: NM (2Q09), NM (1H09)
• Outlook: The Group continues to secure orders during the year.
• In the first six months of the year, the Group secured S$41 million of new orders.
• As at 30 June 2009, the Group’s outstanding order book stood at approximately S$142 million as compared with S$144 million as at beginning of the year.
• The outstanding order book of S$142 million as at 30 June 2009 does not include the S$17 million contract for the Queen Alia International Airport, Jordan, secured in July this year.
• This is the second contract that the Group has secured after the successful completion of its first contract in this airport at the beginning of the year.
• The Group is the first and only Asian airport logistics solution provider that has secured contracts to design and build baggage handling systems in the North American market.
• Its in-house high level computer software solutions have gained recognition in the very demanding North American market.
• Despite the stringent testing procedures and requirements, it has received strong endorsement and acceptance by the testing authorities in USA and Canada.
• The Group believes that this has strengthened its position as one of the key global players in this industry.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 19,200 25,027
2008 19,557 17,634 18,098 20,656 75,945
2007 38,340 39,085 27,315 20,052 124,792
2006 30,568 46,585 44,871 25,613 147,637
2005 16,689 26,826 27,228 30,449 101,192
2004 13,850 16,875 19,267 19,864 69,856
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Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 (1,183) 439
2008 36 (1,904) 110 (1,295) (3,052)
2007 4,703 15,083 1,766 (6,822) 14,730 (2Q Includes Net gains of 10,600 from sale of properties)
2006 4,663 8,703 7,853 4,481 25,700
2005 2,319 4,390 4,664 5,543 16,916
2004 1,535 2,579 2,957 2,927 9,998
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Dividends

FY 1Q 2Q 3Q Final Special (SGD)
2009 NA
2008 NA NA NA NA
2007 0.010 0.010 0.010 0.005 NA
2006 0.015 0.015 0.015 0.015 NA
2005 NA 0.0276 NA 0.050 NA
2004 NA 0.020 NA 0.050 NA
2003 NA 0.010 NA 0.040 NA
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Bonus / Rights / Stock Split

Date Type Details
2006-07-18 Stock Split STOCK SPLIT OFFER OF 2 FOR 1
2005-09-28 Bonus OFFER OF 2 FOR 5
2004-12-28 Bonus OFFER OF 1 FOR 2
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Share Data (SGD)

NAV = $0.1956
EPS = $(0.0022) (6M FY09)
No of Shares = 332,807,796
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA