Nice things coming

Thai Beverage reported a 145% jump in net profit in their FY2012 results. The outstanding performance could be attributable to their F&N acquisition which was instrumental in expanding their distribution networks in Asia.

Source: http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3295A55B8DD2A4AB48257B1F0034019D/$file/YearEnd_2012_SGX_Format.pdf?openelement

Starhill Global REIT announced the completion of acquisition of Plaza Arcade in Perth which was strategically located next to their owned David Jones Building. Their Perth operations has expanded and their strategy followed similarly to Singapore's.

Similarities in acquisition strategies

Australia - Perth

• Plaza Arcade
• David jones Building

Their Perth operations are strategically located at the center of the city with a 200m radius from their financial hub, government house, Australian Bureau of Statistics, Hotels and 500m SW of Perth Convention and Exhibition Centre.

Singapore - Orchard

• Ngee Ann City
• Wisma Atria

Source: http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_79D8F2FBE72646DA48257B210014737A/$file/PlazaArcade130301.pdf?openelement

Silverlake Axis won new contract with Hong Leong Bank, Malaysia to implement Enterprise Payment Platform which will transform and modernize the banks's existing payment system into a centralized enterprise payment system with advanced intelligence workflow designs.

This deal as stated in the news realise, will contribute positively to the current and following financial year.

Source: http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_B59271BFD80F5D7248257B2100375DAC/$file/SAL_HLB.EPP.Announcement.pdf?openelement