Minggu, 13 Desember 2009

plus 2, KYMCO USA Named Official Scooter and ATV of NHRA - Who Won

plus 2, KYMCO USA Named Official Scooter and ATV of NHRA - Who Won


KYMCO USA Named Official Scooter and ATV of NHRA - Who Won

Posted: 10 Dec 2009 10:53 AM PST

 
Thursday, December 10, 2009
KYMCO USA Named Official Scooter and ATV of NHRA



by Anthony Vestal

ORLANDO, Fla. -- NHRA officials announced today that the world's largest motorsports sanctioning body has partnered with KYMCO USA, a longtime leader in quality, fuel-efficient scooters, ATVs and UTVs. As part of the agreement, KYMCO USA will become the Official Scooter and ATV of the NHRA.

KYMCO USA will provide NHRA with scooters and ATV vehicles for use at its NHRA Full Throttle Drag Racing Series events and at its five owned and operated drag racing facilities.

As an NHRA official sponsor, KYMCO USA will receive visibility at NHRA Full Throttle Drag Racing Series events as well as exposure throughout NHRA's various media platforms.

"We are pleased to welcome KYMCO USA into the NHRA family of official sponsors," said Gary Darcy, senior vice president of sales and marketing, NHRA. "The quality scooters and ATVs that KYMCO USA provides NHRA will certainly help our Safety Safari team as well as our track officials do their jobs in a more efficient manner. In turn, we feel the partnership will offer exceptional exposure opportunities to generate awareness and recognition for KYMCO USA."

This is the first sponsorship relationship between NHRA and KYMCO USA.

"We're extremely excited to be partnering with the NHRA," said KYMCO USA president/CEO Eric Bondy. "They're a world class organization that provides tremendous entertainment for all members of the family. This partnership falls directly in line with our strategy of partnering with great organizations to build national awareness of the KYMCO brand. We look forward to a long and mutually beneficial relationship."

KYMCO's roots in the motorsports industry go back to its founding in 1963 as the Kwang Yang Motor Company, Ltd., with headquarters in Taiwan. Long a leader in quality, fuel economy, and versatility, today KYMCO manufactures motor scooters, motorcycles, and ATVs at five plants in Asia, including the main facility in the city of Kaohsiung. KYMCO is the largest scooter manufacturer in Taiwan and currently exports to 88 countries worldwide. All KYMCO plants use the latest technology for the engineering and production of reliable engine, chassis, and other components. Since 2004, KYMCO has been officially accredited for ISO-9001 quality in manufacturing. KYMCO is committed to maximum customer satisfaction and constant innovation, making use of the most advanced CAD/CAE tools to bring superior engineering and design to their products. The company's partner in the United States is KYMCO USA with headquarters, marketing and distribution centered in Spartanburg, South Carolina. KYMCO USA is dedicated to building the brand's reputation and market share through superior value, frequent new product introductions, strategic industry partnerships, and excellence in dealer network support. KYMCO USA has a reputation and expertise gained through over 30 years in the U.S. motorsports industry.

Headquartered in Glendora, Calif., NHRA has 80,000 members and 140 member tracks nationwide. As the primary sanctioning body for the sport of drag racing in the United States, NHRA presents 23 national events featuring the NHRA Full Throttle Drag Racing Series, NHRA Lucas Oil Drag Racing Series and NHRA Get Screened America Pro Mod Drag Racing Series. Two NHRA-sanctioned bracket racing series provide competition opportunities for drivers of all levels: the NHRA Summit Racing Series and the NHRA Drags: Street Legal Style presented by AAA. NHRA also offers the Jr. Drag Racing League for youth ages 8 to 17. In addition, NHRA owns and operates five racing facilities: Gainesville Raceway in Florida; Atlanta Dragway in Georgia; National Trail Raceway in Ohio; O'Reilly Raceway Park at Indianapolis; and Auto Club Raceway at Pomona in Southern California. For more information, log on to NHRA.com, or visit the Official NHRA Pages on Facebook, YouTube and Twitter.


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BFG Tires, Honda, R. Gordon, Wilson, Stapleton, COPS All Big Winners ... - Who Won

Posted: 07 Dec 2009 05:20 AM PST

 
Monday, December 7, 2009
BFG Tires, Honda, R. Gordon, Wilson, Stapleton, COPS All Big Winners at 2009 SCORE Desert Series Awards



by Dominic Clark

LAS VEGAS -- BFGoodrich Tires, Honda, Wilson Motorsports and NASCAR Cup team owner/driver Robby Gordon were all big winners Saturday as SCORE International officially concluded the five-race 2009 SCORE Desert Series with the annual SCORE Awards Night at the Hard Rock Hotel and Casino in Las Vegas. Among the others earning SCORE Off-Roadsman of the Year awards were Baja Pits, COPS Racing, and Mike Stapleton.

The evening was also a celebration of 36 years of SCORE championship desert racing. SCORE President/CEO Sal Fish also announced in association with Alberto Trevino, Baja California Sur Secretary of Tourism, that the 2010 Tecate SCORE Baja 1000 will be an adventure down the length Mexico's Baja California peninsula, starting in Ensenada and finishing in La Paz. The last time it went down the majestic peninsula was 2007 when the race finished in Cabo San Lucas to celebrate the 40th anniversary of the Granddaddy of all Desert Races.

BFG Tires, the official tire of SCORE for 34 years was honored as the 2009 SCORE Contingency Company of the Year for the 21st time.

The SCORE Off-Roadsman awards are determined by the vote of more than 2,500 members of Los Angeles-based SCORE International. Among the other honorees were the top point leaders from the 2008 SCORE Desert Series, the World's Foremost Desert Racing Series.

Gordon, who lives in Charlotte, N.C. but was raised in Orange, Calif., was recognized as the 2009 SCORE Overall and SCORE Trophy-Truck point champion as well as being honored by the SCORE membership as the 2009 SCORE Person of the Year. He also received a coveted SCORE Toyota Milestone Award for completing every required mile in the 2009 SCORE Desert Series.

"Robby Gordon is as fierce a competitor as there is in the desert and being consumed full time in NASCAR makes it even more remarkable what he accomplished this year in the SCORE Desert Series," said Sal Fish, SCORE CEO/President. "It was also amazing to have the SCORE membership vote Robby as the 2009 SCORE Person of the Year. He had a truly remarkable season and these honors are very well deserved. It's also remarkable that he has never lost touch with his racing roots."

American Honda was voted SCORE Motorcycle Manufacturer of the Year for the 21st time and the 13th consecutive year.

COPS Racing was selected the SCORE Entry Sponsor of the Year for the first time, a three-vehicle team owned by television producer John Langley.

Among the special awards presented by SCORE and Sal Fish was included a very special appreciation recognition to the government of Baja California for all of its assistance to helping SCORE produce three highly successful races in Baja California, Mexico, in 2009. Receiving the award was Oscar Escobedo, the Secretary of Tourism for the state of Baja California.

Wilson Motorsports, Long Beach, Calif., picked up two prestigious awards in front of nearly 400 SCORE desert racers, crews and families at the SCORE Awards Night. Brian Wilson, who was driver of record for the second-place team in Class 1-2/1600, was voted the 2009 SCORE Rookie of the Year and Mike Stapleton was selected as the 2009 SCORE Mechanic of the Year. Stapleton also was honored with this award in 2001.

"BFGoodrich Tires has supported all of desert racing, especially SCORE, for 34 years," said Fish, "To win the Tecate SCORE Baja 1000 once is a major feat, but to capture the world's most prestigious desert race 20 straight years (1986-2005) is unbelievable. BFG Tires are the most dominant desert racing tires in the world and we are privileged to be able honor them. They have also started a new streak with three consecutive Tecate SCORE Baja 1000 overall victories. BFG's grassroots support of desert racers is unparalleled. SCORE is deeply honored to have the relationship with BFG Tires that we have for over three decades. No motorsport has a more involved and committed sponsor than we have in BFG Tires."

Mike Julson, of Santee, Calif., who is a SCORE regular co-driver in SCORE Trophy-Truck, saw his Jimco open-wheel desert race cars win the 2008 SCORE Original Buggy Chassis Manufacturer point championship for the 16th time and 15th straight.

FAT Performance (Greg Aaronson and Ron Fleming) captured the 2009 Engine Builder point championship for the 10th time.

A rugged group of 14 SCORE racers were also honored as 2008 SCORE Toyota Milestone Award winners after finishing all 1,713.76 race miles during the season.

Tim Sanchez, the owner of DirtNewz.com, the most extensive source of desert racing coverage in the world, was honored for the first time as Judy Smith SCORE Journalist of the Year, while HighRev Photography (Jason Zindroski) earned SCORE Photographer of the Year honors for the second time.

SCORE opens its five-race 2010 SCORE Desert Series Jan. 15-17 in Southern Nevada with the 16th Annual SCORE Laughlin Desert Challenge.

SCORE International, founded in 1973 by the late Mickey Thompson and headed by Sal Fish since 1974, continues today as the premier sanctioning body in the sport of desert racing. SCORE races feature 20 Pro and two Sportsman classes for cars and trucks in the U.S. with seven additional Pro and four more Sportsman classes for motorcycles and ATVs competing in the races in Mexico. SCORE races in the U.S. average 150 entries while the average in Mexico, with motorcycle and ATV classes running as well as the cars and trucks is over 300.

SCORE official 2009 sponsors were: BFGoodrich Tires-official tire, Volkswagen of America-official vehicle, Sunoco Race Fuel-official fuel supplier, Bilstein-official shock, Instant Mexico Auto Insurance-official Mexican auto insurance, Slime-official tire sealant and Red Bull North America-official energy drink. Associate sponsors are: Tecate Beer, Coca-Cola of Mexico, Las Vegas Events, SignPros, P.C.I. Race Radios, McKenzie's Performance Products and Advanced Color Graphics.

Additional associate sponsors for the Tecate SCORE Baja 500 and the Tecate SCORE Baja 1000 were ProTurismo de Ensenada and the State Tourism Department of Baja California.

For more information, contact SCORE at its Los Angeles headquarters 818.225.8402 or visit the official website of the SCORE Desert Series at www.score-international.com.

2009 SCORE Off-Roadsman of the Year Award Winners

Contingency Company—BFGoodrich Tires

Motorcycle Manufacturer—American Honda

Mechanic—Mike Stapleton, Wilson Motorsports

Entry Sponsor—COPS Racing

Pit Support Team—BFGoodrich Tires

Judy Smith Journalist—Tim Sanchez, DirtNewz.com

Photographer—HighRev Photo

Suzuki Rookie of the Year—Brian Wilson, Class 1-2/1600

Person of the Year—Robby Gordon, Team Gordon

*Original Buggy Chassis Manufacturer—Jimco

*Engine Builder—FAT Performance



*Determined by points, others by membership vote



All-time SCORE Off-Roadsman Award Winners

Current Awards (1974 thru 2008, voted by SCORE membership)

CONTINGENCY COMPANY

1977—NGK Spark Plugs

1978—Pennzoil

1979—BFGoodrich Tires

1980—Rough Country

1981—Bridgestone

1982—BFGoodrich Tires

1983—BFGoodrich Tires

1984—BFGoodrich Tires

1985—TIE-BFGoodrich Tires

& Yokohama Tires

1986—Yokohama Tires

1987—BFGoodrich Tires

1988—Yokohama Tires

1989—Yokohama Tires

1990—Yokohama Tires

1991—Yokohama Tires

1992—Yokohama Tires

1993—BFGoodrich Tires

1994—BFGoodrich Tires

1995—BFGoodrich Tires

1996—BFGoodrich Tires

1997—BFGoodrich Tires

1998—Duralast Batteries

1999—BFGoodrich Tires

2000—BFGoodrich Tires

2001—BFGoodrich Tires

2002—BFGoodrich Tires

2003—BFGoodrich Tires

2004—BFGoodrich Tires

2005—BFGoodrich Tires

2006—BFGoodrich Tires

2007—BFGoodrich Tires

2008—Volkswagen of America

2009—BFGoodrich Tires

MOTORCYCLE MANUFACTURER

1974—Husqvarna

1975—American Honda

1976—Husqvarna

1977—Husqvarna

1978—Husqvarna

1979—Husqvarna

1980—Yamaha

1981—American Honda

1982—American Honda

1983—American Honda

1984—American Honda

1985—American Honda

1986—American Honda

1987—American Honda

1988—American Honda

1989—Kawasaki

1990—Kawasaki

1991—Kawasaki

1992—Kawasaki

1993—Kawasaki

1994—Kawasaki

1995—Kawasaki

1996—Kawasaki

1997—American Honda

1998—American Honda

1999—American Honda

2000—American Honda

2001—American Honda

2002—American Honda

2003—American Honda

2004—American Honda

2005—American Honda

2006—American Honda

2007—American Honda

2008—American Honda

2009—American Honda

MECHANIC

1974—Scott McKenzie

1975—Dick Russell

1976—Jim Fueling

1977—Scott McKenzie

1978—Scott McKenzie

1979—Scott McKenzie

1980—Bill Stroppe

1981—Tom Strong

1982—Bill Stroppe

1983—Bill Stroppe

1984—Bill Stroppe

1985—Bill Stroppe

1986—Randy Anderson

1987—NONE SELECTED

1988—Jon Nelson

1989—Russ Wernimont

1990—Call Wells III

1991—Ivan Scoppertone

1992—Russ Wernimont

1993—Russ Wernimont

1994—Russ Wernimont

1995—Curt LeDuc

1996—Steve Silverthorn

1997—NONE SELECTED

1998—Mike Smith

1999—Mike Smith

2000—Mike Smith

2001—Mike Stapleton

2002—Barry Beacham

2003—Mike Smith

2004—John Hoffman

2005—Mark Cowan

2006—Rick Geiser

2007—Jim Blackmore

2008—Andy McGaw

2009—Mike Stapleton

ENTRY SPONSOR

1977—Jules Auto Parts

1978—Tracy's Party Ice

1979—Tracy's Party Ice

1980—MHM Racing

1981—Mike Moore

1982—Pernod

1983—BFGoodrich Tires

1984—BFGoodrich Tires

1985—BFGoodrich Tires

1986—Barbary Coast Hotel

1987—Barbary Coast Hotel

1988—Barbary Coast Hotel

1989—Ford Motor Company

1990—Barbary Coast Hotel

1991—Barbary Coast Hotel

1992—BFGoodrich Tires

1993—Barbary Coast Hotel

1994—Barbary Coast Hotel

1995—BFGoodrich Tires

1996—BFGoodrich Tires

1997—BFGoodrich Tires

1998—BFGoodrich Tires

1999—Terrible Herbst

Motorsports

2000—Tecate Beer

2001—Duralast Batteries

2002—Terrible Herbst

Motorsports

2003—Terrible Herbst

Motorsports

2004—Terrible Herbst

Motorsports

2005—McMillin Racing

2006—Board Ford

2007—Terrible Herbst

Motorsports

2008—BFGoodrich Tires

2009—COPS Racing

PIT SUPPORT TEAM

1977—Checkers

1978—F.A.I.R.

1979—Checkers

1980—Budweiser

1981—Budweiser

1982—BFGoodrich Tires

1983—Checkers

1984—BFGoodrich Tires

1985—TIE-Checkers & F.A.I.R.

1986—Spirit Racing

1987—BFGoodrich Tires

1988—BFGoodrich Tires

1989—BFGoodrich Tires

1990—Sage Council

1991—BFGoodrich Tires

1992—BFGoodrich Tires

1993—Checkers

1994—BFGoodrich Tires

1995—BFGoodrich Tires

1996—BFGoodrich Tires

1997—BFGoodrich Tires

1998—BFGoodrich Tires

1999—BFGoodrich Tires

2000—BFGoodrich Tires

2001—BFGoodrich Tires

2002—BFGoodrich Tires

2003—BFGoodrich Tires

2004—BFGoodrich Tires

2005—BFGoodrich Tires

2006—BFGoodrich Tires

2007—BFGoodrich Tires

2008—BFGoodrich Tires

2009—Baja Pits

ROOKIE

1974—Frank Vessels

1975—Carroll Ditson

1976—Jackie Thomison

1977—Jerry Boone

1978—Jim Jacobus

1979—Dixie Hawkins

1980—Ray Encabo

1981—Malcolm Vinje

1982—Roger Mortenson

1983—Mike Falkosky

1984—John Clark Gable

1985—Rob Tolleson

1986—Brian Stewart

1987—Robby Gordon

1988—Doug Fortin

1989—Scott Reams

1990—Charlie Townsley

1991—Dan Smith

1992—Brian Goodrich

1993—Ricky Johnson

1994—Tom Rusich

1995—Jimmie Johnson

1996—TIE-Chuck Harris

& Tom Dittfield

1997—John Herder

1998—Bekki Freeman

1999—Jared Hardin

2000—Jeremy Spirkoff

2001—Jason Hunter

2002—Alan Pflueger

2003—Brian Ickler

2004—Andy McMillin

2005—Caleb Gaddis

2006—Garron Cadiente

2007—Eric Chase

2008—Lee Banning

2009—Brian Wilson

PERSON

1974—Walt Lott

1975—Doc Sauers

1976—Ivan Stewart

1977—Jim McCullick

1978—Quico Santana

1979—Hal Harris

1980—Malcolm Smith

1981—Joe MacPherson

1982—Athene Karis

1983—Walker Evans

1984—Ivan Stewart

1985—Frank DeAngelo

1986—Walker Evans

1987—Bob Steinberger

1988—Walt Lott

1989—Evans Evans

1990—Michael Gaughan

1991—Peri Comb

1992—Dan Newsome

1993—Michael Gaughan

1994—Jimmy Smith

1995—Danny Hamel

1996—Dan Newsome

1997—Joe MacPherson

1998—Dan Newsome

1999—Larry Roeseler

2000—Bob Steinberger

2001—Debbie Dickerhoof

2002—Jeff Quinn

2003—TIE-Mike Julson

& Corky McMillin

2004—Ed Herbst

2005—Corky McMillin (posthumously)

2006—Cameron Steele

2007—Cameron Steele

2008—Rob MacCachren

2009—Robby Gordon

JUDY SMITH JOURNALIST

1975—Jean Calvin

1976—Sam Wilshire

1977—Sam Wilshire

1978—Judy Smith

1979—Steve Kassanyi

1980—Judy Smith

1981—Jean Calvin

1982—Judy Smith

1983—Jean Calvin

1984—Jean Calvin

1985—Jean Calvin

1986—Jean Calvin

1987—Jim Short

1988—Jean Calvin

1989—Jean Calvin

1990—Jean Calvin

1991—Judy Smith

1992—Judy Smith

1993—Tony Tellier

1994—Jean Calvin

1995—NONE SELECTED

1996—Judy Smith

1997—Jean Calvin

1998—Judy Smith

1999—Judy Smith

2000—Judy Smith

2001—Judy Smith

2002—Judy Smith

2003—Judy Smith

2004—Judy Smith

2005—Judy Smith

2006—Marty Fiolka

2007—Judy Smith

2008—John Calvin

Jim Ober PHOTOGRAPHER

1975—Dave Cody

1976—Trackside

1977—Ariz. Comp. Photos

1978—Trackside

1979—Trackside

1980—Trackside

1981—Action Photo

1982—Trackside

1983—Trackside

1984—Trackside

1985—Trackside

1986—Trackside

1987—ESPN

1988—Trackside

1989—Trackside

1990—Carrera

1991—Carrera

1992—Carrera

1993—Carrera

1994—Carrera

1995—NONE SELECTED

1996—Carrera

1997—Carrera

1998—Carrera

1999—Carrera

2000—Trackside

2001—Carrera

2002—Trackside

2003—Trackside

2004—Trackside

2005—Trackside

2006—High Rev Photography

2007—Trackside Photo

2008—Durka Durka Photo

2009—HighRev Photography

ORIGINAL BUGGY

CHASSIS MANUFACTURER

1974—Funco

1975—Hi-Jumper

1976—Chenowth

1977—Chenowth

1978—Chenowth

1979—Funco

1980—Funco

1981—Funco

1982—Raceco

1983—TIE-Chenowth & Raceco

1984—Raceco

1985—Raceco

1986—Raceco

1987—Raceco

1988—Chenowth

1989—Chenowth

1990—Chenowth

1991—Chenowth

1992—Jimco

1993—Mirage

1994—Chenowth

1995—Jimco

1996—Jimco

1997—Jimco

1998—Jimco

1999—Jimco

2000—Jimco

2001—Jimco

2002—Jimco

(By Points since 2003)

2003—Jimco

2004—Jimco

2005—Jimco

2006—Jimco

2007—Jimco

2008—Jimco

2009—Jimco

ENGINE BUILDER

1974—Lee Leighton

1975—Brian Skipper

1976—Lee Leighton

1985—FAT Performance

1986—Keith Black

1987—Louis Unser

1988—Mike Evans

1989—Mike Evans

1990—FAT Performance

1991—FAT Performance

1992—Major Performance

1993—FAT Performance

1994—Wik's Racing

1995—FAT Performance

1996—FAT Performance

1997—FAT Performance

1998—Wik's Racing

1999—Wik's Racing

2000—Wik's Racing

2001—Wik's Racing

2002—Dave Smith

(By Points since 2003)

2003—Major Performance

2004—FAT Performance

2005—FAT Performance

2006—Major Performance

2007—Major Performance

2008—Major Performance

2009—FAT Performance


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Interview With Yoke Meng Kam: Portfolio Manager Of The Singapore Fund ... - Yahoo Finance

Posted: 11 Dec 2009 04:46 AM PST

67 WALL STREET, New York - December 11, 2009 - The Wall Street Transcript has just published its China & Japan Report offering a timely review of East Asian stock markets for serious investors. This 132 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Chinese ADRs - Asia Pacific Fund - Greater China Fund - Non-Mainstream Names - China and the US, The Most Vibrant Growing Global Economies - Japan Equity Fund - Expectation of Strong Earnings in Singapore Companies - Thai Government Key Driver for Economic Recovery in 2010

Companies include: Deer Consumer Products (DEER); Lonrho Africa (LNAFF.PK); Nintendo (7974_JP); Puda Coal (PUDA); AU Optronics (AUO); Acorn (ATV); Alcon (ACL); Amphenol (APH); Apple (AAPL); Baidu (BIDU); BioPharm Asia (BFAR.OB); British Petroleum (BP); CNOOC (883_HK); Canadian Natural Resources (CNQ); Chaoda Modern Agriculture (0682.HKG); Cheung Kong Holdings (CHE.SG); China Automotive Systems (CAAS); China Housing & Land (CHLN); China Merchants Bank (3968_HK); China Mobile (CHL); China Ritar Power (CRTP); China Sky One Medical, Inc. (CSKI); China Unicom (CHU); China Valve Technology (CVVT); Chunghwa Telecom (CHT); Cisco (CSCO); Cogo (COGO); Disney (DIS); DuPont (DFT); Ezra Holdings (5DN.SIN); F5 (FFIV); FEMSA (FMX); Fanuc (6954_JP); Flextronics (FLEX); Global Sources (GSOL); HK Exchange (388_HK); Hewlett-Packard (HPQ); Honda (HMC); ICBC (1398_HK); ICON (ICLR); Juniper (JNPR); KONE (KNEBV.HEL); Komatsu (6301_JP); L'OrŽal (LOR.BE); LG Display (LPL); LIC Housing Finance (LICHF.IN); MUFG (MUFG); McDonald's (MCD); Mitsubishi UFJ (MTU); Molex (MOLX); Nabors (NBR); NestlŽ (NESR.F); Nobel Biocare (NOBN.VX); Orascom Telecom (OTLD_LI); Pargesa Holdings (PARG.SWF); Roche (RO.SW); SK Telecom (SKM); Sanofi-Aventis (SNY); Sasol (SSL); Singapore Telecom (SGAPY.PINK); SinoHub (SIHI); Sinopharm (1099_HK); Sony (SNE); Swiss Water Decaf (SWS-UN.TO); Terna (TRN.BIT); Total (TOT); Total Produce (T70.BE); Toyota (TM); Toyota (7203_JP); Venture Corporation (V03.SIN); WSP Holdings (WH); Wal-mart de MŽxico (WMMVF.PK); Winner Medical (WWIN); Wonder Auto Technology (WATG); Xcel Energy (XEL); Yamaha Motor (7272.JP); Yongye International (YONG); Yum! Brands (YUM).

In the following brief excerpt from just one of the 27 in depth interviews in the 132 page Special Report, a top tier portfolio manager discusses the outlook for the East Asian stock markets for investors.

Yoke Meng Kam joined DBS Asset Management Ltd. in December 2007 as Head of Asian Equities. He has 16 years of fund management experience in OCBC Asset Management and Lion Capital Management, where he last held the post of Head of Equities and Deputy Head of Asian Equities respectively.

He has extensive experience in managing portfolios whose mandates range from absolute return to benchmarked mandates relating to Asia Pacific ex-Japan, ASEAN and other single country funds/portfolios. He was also responsible for making portfolio allocation decisions and overseeing the investment process. He graduated with an Honors Degree in Accountancy from the National University of Singapore. He is also a Chartered Financial Analyst.

TWST: What about the Singapore companies you have found attractive? What are some of the core holdings in the Singapore Fund?

Mr. Kam: We have a couple of stocks that have been big winners for the fund this year. One of them is Venture Corporation (V03.SIN), that is an OEM providing manufacturing and design services for electronic appliances. The stock price has collapsed because of the downturn in the economy. This resulted in a greatly reduced order book. Furthermore, they have also invested in some CDO portfolios and took major write-downs. Having said that, I think we took the opportunity sometime in the early second quarter to move back into the stock. We believe that the downturn in the operations is temporary in nature, given that the management has proven in the past to be very astute and are able to weather the ups and downs of their marketplace.

Secondly, which on hindsight has come as a bonus to us, there has been a substantial write-back of their CDO portfolio, which may result in upside of S$0.50 per share in net asset value to the company by the end of next month, when the CDO portfolio matures.

The second stock that we have a major position and which have done well for us is Ezra Holdings (5DN.SIN). That is a company in the offshore marine sector, which owns a fleet of offshore supply vessels. Ezra is moving up into related industries such as subsea engineering and ownership of some FPSO. Its share price has also been affected by the meltdown in the stock market.

We took the opportunity to increase the position because we were convinced that the long-term outlook for the company remained very robust and that when the dust settle down, the company would be able to see a resurgence of their order book. Their fleet of offshore marine vessels has got quite decent long-term charters, and they were chartered at fairly attractive rates, given that this fleet is fairly young and new. We are happy to hang onto the position, as they offer tremendous upside opportunities.

The Wall Street Transcript is a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs and research analysts. This 132 page special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online .

The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations.

For Information on subscribing to The Wall Street Transcript, please call 800/246-7673

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