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• Revenue: +142% (3Q09), +37% (9M09)
• Net Profit: NM (3Q09), NM (9M09)
• Outlook: The Group will be selective in tendering for profitable local projects and/or international municipal projects with low credit risk.
• The Group will continue to develop technological and operational capabilities in water, wastewater and produced water treatment.
• As at 30 June 2009, the Group has an order book of about S$20.87 million.
• It is expected that about S$7 million of the order book will be fulfilled in the last quarter of the financial year and the remaining order book to be fulfilled in FY2010 onwards.
• The order book is expected to contribute positively to the Group’s results, barring unforeseen circumstances.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 6,466 9,028 9,162
2008 4,755 9,423 3,773

FY 1H 2H Total
2008 14,178 15,353 29,531
2007 22,074 9,369 31,443
2006 17,607 11,219 28,826
2005 55,084 20,256 75,340
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Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 (2,591) (196) 314
2008 (491) (992) (1,809)

FY 1H 2H Total
2008 (1,483) (12,845) (14,328)
2007 (3,863) (2,286) (6,149)
2006 1,158 (1,995) (837)
2005 1,514 712 2,226
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Dividends

FY Interim Final Special (SGD)
2009 NA
2008 NA NA NA
2007 NA 0.006 NA
2006 NA 0.006 NA
2005 NA 0.005 NA
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Bonus / Rights / Stock Split

Date Type Details
2007-02-12 Bonus OFFER OF 1 FOR 2
2006-06-07 Rights 1 WT FOR 2 SH OFFER OF 1 FOR 2 @ $0.02
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Share Data (SGD)

NAV = $0.0903
EPS = ($0.0121) (9M FY09)
Diluted EPS = ($0.0121) (9M FY09)
No of Shares = 204,673,460
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA