Tuesday, November 6, 2012

Company announcements: Maxi-Cash, ChinaBearing, CMPacific, CapitaComm, GlobalTest

Maxi-Cash - THIRD QUARTER RESULTS * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT

Announcement Type: FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT
Company: MAXI-CASH FIN SVCS CORP LTD
Stock Code/Name: 5UF - Maxi-Cash

THIRD QUARTER RESULTS * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT
* Asterisks denote mandatory information
Name of Announcer * MAXI-CASH FIN SVCS CORP LTD  
Company Registration No. 200806968Z  
Announcement submitted on behalf of MAXI-CASH FIN SVCS CORP LTD  
Announcement is submitted with respect to * MAXI-CASH FIN SVCS CORP LTD  
Announcement is submitted by * Lim Swee Ann  
Designation * Company Secretary  
Date & Time of Broadcast 06-Nov-2012 18:09:21  
Announcement No. 00103  
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For the Financial Period Ended * 30-09-2012  
Description   
Attachments
Total size = 151K
(2048K size limit recommended)



ChinaBearing - RESPONSES TO SGX QUERIES :: ON FINANCIAL STATEMENTS :: RESPONSE TO SGX QUERIES

Announcement Type: RESPONSES TO SGX QUERIES
Company: CHINA BEARING (SINGAPORE) LTD.
Stock Code/Name: AD7 - ChinaBearing

RESPONSES TO SGX QUERIES :: ON FINANCIAL STATEMENTS :: Response to SGX queries
* Asterisks denote mandatory information
Name of Announcer * CHINA BEARING (SINGAPORE) LTD.  
Company Registration No. 200512048E  
Announcement submitted on behalf of CHINA BEARING (SINGAPORE) LTD.  
Announcement is submitted with respect to * CHINA BEARING (SINGAPORE) LTD.  
Announcement is submitted by * Ng Tah Wee  
Designation * Company Secretary  
Date & Time of Broadcast 06-Nov-2012 18:09:47  
Announcement No. 00104  
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Announcement Title * Response to SGX queries  
Subject of Query * On Financial Statements  
DescriptionThe Board of Directors of China Bearing (Singapore) Limited would like to announce that the Company received the following questions from SGX-ST on 5 November 2012:

We note that Trade Receivables increased by 17% from RMB 19.86 million (as at 30 September 2011) to RMB 23.24 million as at 30 September 2012. In view that revenue for the period decreased by about 24%, please clarify the reason(s) for the increase in Trade Receivables. Please also disclose the debtor turnover days and clarify whether the Company foresees any issue with collectability of the Trade Receivables.

We would like to respond as follows to the above questions:

When credit terms are granted to customers, there is a credit limit and a credit period (which is normally 90 days) granted. When sales decrease, as the credit limit may not be breached, the customers will pay within the credit period. However, when sales increase, the credit limit may be breached even though the credit period is not due, and the customer will have to make payment to keep within the credit limit. This was the reason Trade Receivables increased by 17% as at 30 September 2012 compared to 30 September 2011 despite revenue decreased by about 24% comparing FY2012 Q3 against FY2011 Q3. The customers paid within the credit period for FY2012 Q3.

As a result, debtor turnover days increased from 65 days as at 30 September 2011 to 89 days as at 30 September 2012. However, 99.8% of the Trade Receivables as at 30 September 2012 were within 90 days, which is the normal credit period, compared to 98.8% within 90 days as at 30 September 2011. The collection for October 2012 was approximately RMB14 million. The Company does not foresee any collectability issue with regard to the Trade Receivables.
 
Attachments
Total size = 0
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CMPacific - MISCELLANEOUS :: PROPOSED ISSUE OF CONVERTIBLE BONDS DUE 2017 - CLOSING

Announcement Type: MISCELLANEOUS
Company: CHINA MERCHANTS HLDGS(PACIFIC)
Stock Code/Name: C22 - CMPacific

MISCELLANEOUS
* Asterisks denote mandatory information
Name of Announcer * CHINA MERCHANTS HLDGS (PACIFIC)  
Company Registration No. 198101278D  
Announcement submitted on behalf of CHINA MERCHANTS HLDGS(PACIFIC)  
Announcement is submitted with respect to * CHINA MERCHANTS HLDGS(PACIFIC)  
Announcement is submitted by * Lim Lay Hoon  
Designation * Company Secretary  
Date & Time of Broadcast 06-Nov-2012 18:15:56  
Announcement No. 00106  
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Announcement Title * Proposed Issue of Convertible Bonds due 2017 - Closing  
Description
   
Attachments
Total size = 81K
(2048K size limit recommended)



CapitaComm - MISCELLANEOUS

Announcement Type: MISCELLANEOUS
Company: CAPITACOMMERCIAL TRUST
Stock Code/Name: C61U - CapitaComm

MISCELLANEOUS
* Asterisks denote mandatory information
Name of Announcer * CAPITACOMMERCIAL TRUST MANAGEMENT LIMITED (AS MANAGER OF CAPITACOMMERCIAL TRUST)  
Company Registration No. 200309059W  
Announcement submitted on behalf of CAPITACOMMERCIAL TRUST ("CCT")  
Announcement is submitted with respect to * CAPITACOMMERCIAL TRUST  
Announcement is submitted by * Michelle Koh  
Designation * Company Secretary, CapitaCommercial Trust Management Limited (As manager of CCT)  
Date & Time of Broadcast 06-Nov-2012 18:17:35  
Announcement No. 00107  
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Announcement Title * CapitaCommercial Trust’s presentation slides for Morgan Stanley 11th Annual Asia Pacific Summit to be held in Singapore on 7 November 2012 and 8 November 2012  
Description
The attached presentation slides issued by CCT on the above matter, is for information  
Attachments
Total size = 1455K
(2048K size limit recommended)



GlobalTest - DAILY SHARE BUY-BACK NOTICE

Announcement Type: DAILY SHARE BUY-BACK NOTICE
Company: GLOBAL TESTING CORPORATION LTD
Stock Code/Name: G31 - GlobalTest

DAILY SHARE BUY-BACK NOTICE
* Asterisks denote mandatory information
Name of Announcer * GLOBAL TESTING CORPORATION LTD  
Company Registration No. 200409582R  
Announcement submitted on behalf of GLOBAL TESTING CORPORATION LTD  
Announcement is submitted with respect to * GLOBAL TESTING CORPORATION LTD  
Announcement is submitted by * Heng-Chun Ho  
Designation * Executive Director and Chief Executive Officer  
Date & Time of Broadcast 06-Nov-2012 17:56:33  
Announcement No. 00091  
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 Name of Overseas Exchange where Company has Dual Listing (if applicable)  
(A) Share Buy-Back Authority
I. Maximum number of shares authorised for purchase* 78,982,100  
(B) Details of Purchases Made
I. Purchases made by way of market acquisition
  • Yes  



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