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Marco Polo Marine and Jaya raise quarterly profits \
MARINE services providers continued to ride out the downturn, with Marco Polo Marine more than trebling net profit for its first quarter of FY2010 ended Dec 31, 2009, to $4.8 million from $1.3 million a year earlier, boosted by growth in its core ship chartering operations and gains from the sale of vessels.... Tuesday, November 30, 1999 \ Logistics firm launches IPO \ COGENT Holdings has announced its initial public offering (IPO) of 92 million shares at 22 cents each.... Tuesday, November 30, 1999 \ OUE warns of FY2009 material loss \ OVERSEAS Union Enterprise (OUE) has warned that it expects to report a \'material loss\' for the year ended Dec 31, 2009, as a result of a fair value writedown on an investment property of an associated company and an impairment charge on the group\'s development properties, arising from a revaluation of the properties at end-2009.... Tuesday, November 30, 1999 \ LME to open Singapore office \ (LONDON) The London Metal Exchange (LME) said yesterday it will open LME Asia, its first overseas office in Singapore, in April this year, to serve members\' needs and make the most of opportunities in the region.... Tuesday, November 30, 1999 \ CMT buys Clarke Quay for $268m \ CAPITAMALL Trust (CMT) has agreed to buy Clarke Quay from parent company CapitaMalls Asia for $268 million in cash, the two companies said yesterday.... Tuesday, November 30, 1999 \ Australand reports A$298m loss in 2009 \ CAPITALAND unit Australand yesterday reported a net loss of A$298.2 million (S$368.1 million) for 2009 as it was hit by revaluation losses on its investment properties as well as writedowns of development and joint venture assets.... Tuesday, November 30, 1999 \ Jurong Cement\'s net loss widens to $5.65m \ JURONG Cement Ltd (JCL) saw a ballooning in net loss to $5.65 million for the year ended Dec 31, 2009, from $729,337 for the preceding year.... Tuesday, November 30, 1999 \ Company Briefs \ LIPPO-MAPLETREE Indonesia Retail Trust said distributable income for the fourth quarter ended Dec 31, 2009, almost quadrupled to $12.4 million from $3.23 million a year ago.... Tuesday, November 30, 1999 \ Back to basics would do DBS good \ DBS Group\'s new chief executive Piyush Gupta has come out with all guns blazing.... Tuesday, November 30, 1999 \ SingTel profit jumps 24% in Q3 \ SINGAPORE Telecommunications makes it a hat-trick with its net profit rising for the third straight quarter on the back of yet another strong overseas performance. ... Tuesday, November 30, 1999 \ | ||