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• Revenue: -14% (FY09)
• Net Profit: -99% (FY09)
• Outlook: As indicated in the announcements made by the Group on 17 June 2009, 20 July 2009, 13 August 2009, 14 August 2009 and 17 August 2009, the Group continues to face a challenging and highly competitive operating environment.
• The Group expects to sell and/or dispose fewer vessels in the next 12 months as compared to each of the last 3 financial years.
• Concurrent with the difficult operating environment, the Group is also facing a peak in its committed shipbuilding programme, and uncertainties with respect to its debt capital structure.
• The Group’s day to day operations and activities are continuing as normal and there has been no break or cessation in its business activities.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 62,979 37,764 70,127 92,301 263,171
2008 56,486 74,367 77,113 99,198 307,164
2007 113,210 72,687 58,214 63,527 307,638
2006 40,730 126,615 71,547 67,298 306,190
2005 53,788 19,738 16,686 78,656 168,869
2004 NA NA NA NA 104,820
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Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 9,102 26,686 22,202 (56,795) 1,195
2008 42,192 31,988 39,102 36,468 149,750
2007 32,093 21,869 36,036 30,776 120,774
2006 22,353 41,335 29,390 14,250 107,328
2005 13,301 29,699 19,841 23,267 86,108
2004 NA NA NA NA 46,218
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Dividends

FY Interim Final Special (SGD)
2009 0.010 NA NA
2008 0.055 0.075 NA
2007 0.040 0.065 NA
2006 0.035 0.055 NA
2005 0.025 0.040 NA
2004 0.015 0.025 NA
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Bonus / Rights / Stock Split

Date Type Details
2000-02-14 Stock Split STOCK SPLIT OFFER OF 5 FOR 1
1994-09-07 Rights OFFER OF 5 FOR 20 @ $2.05
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Share Data (SGD)

NAV = $0.3115
EPS = $0.0015 (12M FY09)
Diluted EPS = $0.0015 (12M FY09)
No of Shares = 771,701,985
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA