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CD has acquired a new site in Liangjjang New Business District, Western China to establish its third driving school.

Net profit for the period jumped from $29.8 million to $101.5 million.

Jurong Shipyard, Sembcorp Marine's subsidiary, has secured a contract from Golar LNG Energy to convert the LNG Khannur to a Floating Storage and Regasification Unit.

DPU of 1.55 S-cents is flat q-o-q despite the y-o-y growth, said OCBC Investment Research.

The industrial site has a site area of about 0.34 ha and a maximum gross plot ratio of 3.5.

Despite soaring occupancy rates, S-REIT’s gross revenue dropped 2.3% YoY and 0.6% QoQ to S$61mln.

The top bid came from the joint bidders Siong Feng Development, Guthrie and Sun Venture Commercial.

Now is the best time to buy Straits Asia Resources stocks as valuations and a 276% YoY jump in profit make the company look attractive, DMG Research said.

First REIT's gross revenue for 1Q11 increased 95.6% YoY to S$14.6 mln due to contributions from its new hospitals.

The company's year on year net profit jumped to S$346.2mln for the quarter due to improved infrastructure earnings and stronger contribution from Keppel Energy.

Higher rental rates and renewed leases boost CapitaMall Trust's coffers by 10.7% YoY for 1Q11.

The launching of ESC, a cloud-based video gaming service, is in partnership with Playcast Media Systems.

Net profit grew to $92.1 million on higher profit from property trading and K-REIT Asia as well as a gain from divestment of Keppel Digihub.

The acquisition of Iljuk Gyeonggo Centre from Iljuk Gyeonggo Logistics was for a consideration of $25.5 million.

The company also reported DPU of 3.01S¢ for 4QFY11.

The Ascott Limited will invest approximately $50 million to acquire a turnkey serviced residence property which is slated to open in 2014.