isdn holdings ltd (ISDN) Snapshot

Isdn Holdings Ltd. announced that the share transfer books and register of members of the company will be closed on 18 June 2013 for the purposes of determining shareholders' entitlements to the first and final tax exempt (one-tier) dividend of 0.5 cents per ordinary share for the financial year ended 31 December 2012 which was approved at the Annual General Meeting of the Company held on 26 April 2013. Payment of the Proposed Dividend will be made on 28 June 2013.

Overseas Education Limited reported unaudited consolidated financial results for the first quarter ended Mar. 31, 2013. For the quarter, the company reported total revenue of SGD 30,893,000 against SGD 32,830,000 for the same period of last year. Profit before taxation was SGD 1,559,000 against SGD 2,872,000 for the same period of last year. Profit for the period attributable to owners of the company was SGD 747,000 against SGD 2,007,000 for the same period of last year. Net cash generated from operating activities was SGD 5,979,000 against SGD 2,461,000 for the same period of last year. Purchase of property, plant and equipment was SGD 139,000 against SGD 387,000 for the same period of last year. On a fully diluted basis EPS was 0.25 Singapore cents against 0.67 Singapore cents for the same period of last year. Weaker demand from customers who are from industries like semiconductor was the reason for the decline in sales revenue in Singapore, as a result of economic slowdown. The decline was mainly due to weaker demand from Motion Control business segment, which mainly supports industries like semiconductor because of economic slowdown. Net cash generated from operating activities increased mainly due to increase in collection from customers.

Isdn Holdings Ltd., Annual General Meeting, Apr 26, 2013., at 12:30 Singapore Standard Time. Location: 12 Kallang Way #02-01, Nova Building. Agenda: To receive and adopt the directors report and audited accounts of the company for the year ended December 31, 2012 together with the auditors report thereon; to declare a first and final tax-exempt (one tier) dividend of 0.5 Singapore cents per ordinary share for the year ended December 31, 2012; to re-elect the directors of the company; to approve the payment of directors fees of SGD 100,000 for the year ending December 31, 2013; to re-appoint Moore Stephens LLP as the company's auditors and to authorize the directors to fix their remuneration; to give authority to the directors of the company to allot and issue shares in the capital of the company share issue mandate; to give authority to the directors of the company to allot and issue shares under the isdn holdings share option scheme and isdn performance share plan; and to transact any other ordinary business which may properly be transacted at an annual general meeting.