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• Revenue: -63.6% (3Q09)
• Net Profit: NM (3Q09)
• Outlook: The industry that the Group is operating in continues to be subjected to uncertain demand and significant pricing volatility of indium and zinc.
• The Board expects that indium and zinc price containment will remain a challenge to the Group as these prices may continue to fluctuate significantly.
• Due to the sensitivity of the PRC market prices for indium ingots and zinc related products against the international market prices, any significant fluctuation in international market prices will have a significant impact on the Group’s business.
• Notwithstanding the recent announcement by the PRC government on the reduction in export tax from 15% to 5% (effective 1 July 2009) to stimulate demand for certain commodities including indium, the Board remains cautious on the impact of this measure and would monitor the market closely.
• The rights issue by the Company was completed in July 2009.
• The Group will make the appropriate announcement when there is any material development and disbursements of its rights issue proceeds.

FINANCIAL RECORDS

Revenue (USD '000)

FY 1Q 2Q 3Q 4Q Total
2009 2,042 1,609 2,834
2008 3,970 12,526 7,776 5,549 29,821
2007 13,047 13,803 7,904 12,180 46,934
2006 7,666 14,217 19,631 15,752 57,266
2005 NA NA NA NA 25,145
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Earnings (USD '000)

FY 1Q 2Q 3Q 4Q Total
2009 (3,009) (1,930) 1,824
2008 (2,533) 810 (1,150) (4,326) (7,199)
2007 1,025 913 299 400 2,637
2006 2,132 1,909 3,480 1,980 9,501
2005 NA NA NA NA 7,996
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Dividends

FY Interim Final Special (SGD)
NA
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Bonus / Rights / Stock Split

Date Type Details
2009-07-21 Rights OFFER OF 2 FOR 3 @ $0.02
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Share Data (USD)

NAV = $0.06
EPS = $0.0034 (3Q FY09)
No of Shares = 613,553,995
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA