The Business Times, 30 September 2004
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2004-09-30
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The Business Times
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Title Section17 2004-09-30 1 THE BUSINESS TIMES online at http://biisiness-times.asia 1 .com.sq SINGAPORE 85 cents MITA (P) 023/03/2004 Thursday, September 30,200417 words
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Article, Illustration118 2004-09-30 1 And we'd like to share our birthday cake with you our loyal readers! To celebrate; we looked around for a cake that's a household name. And what's more delightful than a delectable slice of the famous Hilton cheesecake. For the past 30 years the celestial cheesecake118 words
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Article131 2004-09-30 1 ST! 1,***** (-4.75) ST INDEX FUTURES 1.980.00 (unch) siMsa 237.65 (-0.73) SIMSa FUTURES *****(40.20) MARKETS Wednesday Change KLSECOMP 846.72 +1.26 NIKKEI 225 10,786.10 -24.47 HANGSENG dosed SET INDEX 636.57 -132 JAKARTA COMP 812.89 +0.76 MANILA COMP 1.742.09 -3.99 SEOUtCOMP closed SHENZHEN B ***** -1.68 BOMBAY IND 5,527.56 +64.95131 words
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Article53 2004-09-30 1 TOP STORIES ...PG 2,4 COMPANIES... PG 5-7 MARKETS PG 8 BLUE CHIPS PG 10 SINGAPORE PG 11,12 ECONOMY PG 14 M'SIA PG 15 INDONESIA PG 15 INDIA/CHINA ...PG 16 ASIA-PACIFIC ..PG 17 WORLD PG 17 AVIATION PG 18 SHIPPING PG 19 EDITORIAL ..PG 20,21 STOCKS PG 22,23 BIZIT PG53 words
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Article, Illustration714 2004-09-30 1 SIOW LI SEN - BT exclusive DBS steps up controls as its reports of suspicious transactions rise 40% this year By SIOW LI SEN [SINGAPORE] Money laundering is shaping up as a growing menace as Singapore goes all out to establish itself as a wealth management hub.714 words
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Advertisement42 2004-09-30 1 M. SingM shareholders who trade through ATCs deserve better re 5 PROPERTY WATCH Starting today, a monthly series showcasing new private housing projects in Singapore PG3I 1 BS Capital clinches Falcon Crest in $40m en bloc deal PG3O **********111 l 8 *****1"*****442 words
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Advertisement83 2004-09-30 1 OFFER CLOSES... ...andlbmasek garners 68.6% ofNOL res A V -''V^l^^k N l kV Vj\ i-miiL.t.i Vflf 1111 "Mpiwn MffWWI Jv/ sj jp jf^ mJr JSf ~Je Mi Hi Master to keep the time ot any simultaneously tracking "hometime' separate hour The Jaeger-LeCoultre's new automatic movement. Caliber 975. the Master Hometime83 words
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Advertisement16 2004-09-30 1 BIZTT The chief of top M'sian mobile phone operator lets you in on his game plan16 words
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TOP STORIES
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Article, Illustration618 2004-09-30 2 LARRY WEE - Total assets under management in S'pore swell 35% to $465b in 2003 By LARRY WEE [SINGAPORE] The Monetary Authority of Singapore has had substantial success in developing buy-side activities for the local financial sector, particularly the wealth management and corporate treasury industries. Total assets underSource: Monetary Authority of Singapore - 618 words
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Article, Illustration664 2004-09-30 2 VEN SREENIVASAN - It aims to compete through its unique service and culture By VEN SREENIVASAN [SINGAPORE] Low-cost airline Jetstar Asia will still be around when its rivals have bitten the dust and then it could move in to mop up theirCHRIS LOH - 664 words
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Article947 2004-09-30 2 Why the lack of foresight over closing of ATCs? THE flap over the closure of Singapore's last authorised trading centre for shares raises a disturbing question, says our senior correspondent Wong Wei Kong. Why didn't more thinking go into an issue that affects hundreds of thousands of investors?947 words
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Article101 2004-09-30 2 In yesterday's report, "Developers say 5% price rise this year still possible", we quoted Hong Leong Group Singapore's executive chairman Kwek Leng Beng as saying residential property prices in Malaysia rose 50 per cent in the past year. Mr Kwek has clarified that he had in fact said "15101 words
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Article, Illustration465 2004-09-30 4 VINCE CHONG - It will operate the multi-million-dollar property on a 30+3 year lease By VINCE CHONG [SINGAPORE] Private conglomerate SUTL Group has emerged as the developer and operator of the multi-million-dollar, 204-berth marina at Sentosa Cove, the residential enclave of the tourist island. ItTAN SUAN ANN/ST - 465 words
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418 2004-09-30 4 RAJU CHELLAM - By RAJU CHELLAM [SINGAPORE] US electronics giant Motorola will eliminate I,ooojobs worldwide, including a possible few in the Asia-Pacific region, as part of a plan to spin off its Freescale Semiconductor unit this year. Singapore is Motorola's Asia-Pacific headquarters where it employs418 words
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Article, Illustration729 2004-09-30 4 RONNIE LIM - COMMENTARY In real terms, today's US$50 oil is only half of what it was in 1979-80. Tnat's why no one is flinching yet RONNIE LIM Energy Editor US$5O and still rising! But somehow, oil's roll-er-coaster ride doesn't seem as frightening729 words
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Article, Illustration347 2004-09-30 4 DANIEL BUENAS - By DANIEL BUENAS [SINGAPORE] The recent spikes in oil prices is unlikely to derail Singapore's GDP growth of 8-9 per cent for this year, Minister of State for Trade and Industry Heng Chee How said yesterday. "As of this347 words
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Advertisement60 2004-09-30 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: Simonne Toh T: +65 6535 3382 F: +65 6535 3991 E:60 words
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Advertisement198 2004-09-30 3 ss Journeys The World's The Finalists of the Ernst Young Entrepreneur Of The Year Singapore 2004 are: Business Award merging Entrepreneur Of The Year Business Products Entrepreneur Of The Year The Pacific Healthcare Group Pte Ltd Global Active IJmited Accord Customer Care Solutions Umited m m M% M I Tee198 words
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Advertisement18 2004-09-30 4 I Here comes I I the "Mould" I I red wine/ I I saarttitt, mm m < ■•■ME* :jr18 words
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Advertisement93 2004-09-30 4 can assist you with offshore structures, shatf companias and incorporations in ALL jurisdictions including: British Virgin islands Cayman Islands Bahamas Mauritius Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection estate s planning. For further information and93 words
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Advertisement37 2004-09-30 4 I 125 Years 1 Over4oo locations Worldwide m Ask us about Corporate, Individual or Group Instruction, j I Call Berlitz today 6733-7472 or visit www.bertitz.com j| 501 Orchard Road 905-03/04 Wheelock Place Singapore *****0 J iSii xiMEj37 words
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COMPANY NEWS
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729 2004-09-30 5 JOYCE KOH - Observers expect shipping line to scour for acquisitions By JOYCE KOH TEMASEK Holding's $2.8 billion bid for Neptune Orient Lines closed yesterday with the investment company garnering a 68.64 per cent stake, a long shot away from the 90 per cent stake729 words
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310 2004-09-30 5 KENNETH LIM - By KENNETH LIM INFORMATICS Holdings shares surged 22.7 per cent in price yesterday ahead of the loss-making company's announcement that it has received $18.8 million in net proceeds from a fully subscribed one-for-four rights-cum-warrants issue. Through entitlement from the 25-cents-apiece rights issue310 words
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Article, Illustration599 2004-09-30 5 WONG WEI KONG - HOCK LOCK SIEW By WONG WEI KONG THE flap over the closure of Singapore's last authorised trading centre (ATC) for shares raises one question: Why wasn't more thought put into an issue that affects hundreds of thousands of investors? Yesterday, The Straits Times reportedFILE PHOTO - 599 words
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223 2004-09-30 5 CHEN HUIFEN - By CHEN HUIFEN INDUSTRIAL hardware stockist Hup Seng Huat has reported an almost 10-fold jump in earnings for the year-ended July 31, boosted by high global demand and rising steel prices. Full-year net profit soared to $13.8 million from $1.4 million in the previous223 words
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Article, Illustration1334 2004-09-30 6 KENNETH LIM - Many of the new listings have spluttered since coming to market By KENNETH LIM WITH Zhongguo Jilong's mainboard debut today, Singapore's initial public offering (IPO) market wraps up the third quarter surpassing last year in numbers but falling short on performance. In1,334 words
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Article42 2004-09-30 6 UNIT TRUSTS FUNDS LEGEND: All prices are indicative; Broadly Diversified; Narowly Focused; S Lower Risk; Low to Medium Risk: Medium to High Risk; Higher Risk; open-ended; Before subdivision of units; After subdivision of units; SP after stock split; N.A. Non Dealing Day42 words
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Article, Illustration365 2004-09-30 7 Enhancements from November for SGX's electronic Nikkei 225 market COME Nov 1, investors will be able to trade Nikkei 225 futures and options contracts on Singapore Exchange's electronic system, SGX Quest, during the regular Japan stockmarket trading hours. Currently, Nikkei 225 contracts are365 words
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COMPANY BRIEFS
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Article71 2004-09-30 7 DIGILAND International said both its chief executive and group managing director William Tan Kim Chuang and chief operating officer Gary Sutton have resigned from the company and its board with immediate effect. No reasons were given for the resignations. Mr Tan, who was group MD,71 words
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Article57 2004-09-30 7 NEW Toyo International Holdings has entered into an agreement with Alliance Packaging to set up a joint-venture company to undertake the procurement and/or manufacturing and sale of high-end corrugated carton boxes to multinational corporations in Vietnam. The venture will be 51 per cent-owned by NewToyo57 words
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53 2004-09-30 7 HOTEL Plaza Ltd's wholly-owned subsidiary Plaza Pacific Hotels Resorts International Pte Ltd has taken a 49 per cent stake in PPHR (Thailand) Ltd, a hotel promotion and marketing company. The purchase of the 4,894 shares at 100 baht par value each will53 words
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48 2004-09-30 7 THE Philippines' Globe Telecom Inc said it is aiming to increase the proportion of its shares available for public trading to 30 per cent, from the 20 per cent now. The Manila-based company is 40 per cent-owned by Singapore T elecommunications.48 words
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85 2004-09-30 7 FISCHER Tech has signed a shareholders' agreement with Wentel Corporation Sdn Bhd to form a joint venture known as M-FischerTech Sdn Bhd. The joint-venture firm will manufacture and sell high precision engineering plastic injection moulded components. Fischer will pay about RM6 million (S$2.7 million)85 words
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Article, Illustration586 2004-09-30 7 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY MAIN BOARD-LISTED Frontline Technologies, which yesterday announced that its Chinese joint venture had won contracts worth over US$lO million, said it plans to increase its present 43 per cent stake in the joint venture in the near future. TheLIANHE ZAOBAO - 586 words
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Article, Illustration550 2004-09-30 8 R SIVANITHY - STOCKS Weak and featureless session involves the same small-cap counters that have been in play this week R SIVANITHY Senior Correspondent WITH oil prices hovering at all-time highs and with the Hong Kong market closed for a public holiday, it was perhaps tooSource: Bloomberg - 550 words
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Article, Illustration990 2004-09-30 8 KENNETH LIM - Compiled by KENNETH LIM ACCS Sept 29 dose: 72 cents OCBC INVESTMENT RESEARCH, Sept 29 ACCORD Customer Care Solutions Ltd (ACCS) is the market leader in the fragmented mobile communication after-market service (AMS) industry in the Asia-Pacific, with about 7 per cent market share at the beginning ofSource: Bloomberg - 990 words
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Article, Illustration434 2004-09-30 8 CURRENCIES Reuters [SINGAPORE] The Korean won slipped in offshore markets yesterday, catching up with the rest of the region after high oil prices exerted downward pressure on Asian stocks and currencies. The benchmark global oil price stayed around US$5O a barrel, just short of Tuesday'sReuters; REUTERS - 434 words
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TRADES TO WATCH
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91 2004-09-30 8 TWO directors of mainboard-listed Europtronic Group, a manufacturer and distributor of electronic components, exercised their share options on Tuesday. Independent director Cheyne Chiu Jin Yi exercised share options for 47,000 shares at 27.5 cents each. The purchase gave him a direct stake of 0.0137 per cent.91 words
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77 2004-09-30 8 CHAIRMAN and chief executive of Ace Dynamics Steven Tham Weng Cheong continued to boost his deemed stake in the industrial equipment and hardware distributor on Tuesday through the purchase of 80,000 shares at 20 cents each. The purchase raised his deemed holdings in Ace77 words
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77 2004-09-30 8 PROGEN Holdings chairman and managing director Lee Ee, also known as Lee Eng. bought 500,000 shares at 17 cents apiece on Tuesday in a married deal. The purchase raised his direct shareholding to 28.27 per cent from 28.09 per cent. Mr Lee has a77 words
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Article47 2004-09-30 8 MANAGING director of Wee Poh Holdings, Chan Wang Kin, bought one million shares in the construction company on Tuesday at one cent apiece. This gave him a direct stake of 0.041 per cent. Wee Poh closed unchanged at one cenJL i47 words
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72 2004-09-30 8 GOH Tiong Yong, president and chief executive of Meiban Group, which makes plastic injection-moulded components for consumer goods and computer products, bought 100,000 shares in the company last Thursday at 67 cents apiece. The purchase raised his direct stake to 6.76 per cent from 6.7372 words
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84 2004-09-30 8 TAILA KRISHNAKUMAR - Apollo director buys another srooo5 r 000 shares Compiled by TAILA KRISHNAKUMAR SAM Ng Wei Hing, an executive director of Apollo Enterprises, bought another 5,000 shares in the hotelier and property developer on Tuesday at 49.5 cents a piece. The open-market purchase raised his direct stake from 2.112 million shares84 words
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Article, Illustration435 2004-09-30 8 OTHER SINGAPORE INDICES Sep 29 VALUE CLOSE BT OB/OS -114.00 -46.00 BTCAPI -*****.00 -71.00 BT 10-day MA -*****.00 -12.00 All-SG Equities 515.20 -2.10 SG Equities Elect 157.42 -0.54 SG Equities Fin 1610.72 +5.48 SG Equities Prop 479.53 -4.27 SIMSCI 237.65 -0.73 SiMSCI Futures 238.30 +0.20 MOST ACTIVE STOCKS VOLUME LantroVis435 words
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Advertisement132 2004-09-30 5 Bordeaux Burgundy Alsace Loire Valley Champagne i 2 I w ?o 1 msm* v., f The French Wine Fair I 30 SEP 2004 TO 7 OCT 2004 I I OVER 400 WINE LABELS ON SALE! I I Discounts up to 45% I I The Sale of the Year V M132 words
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Advertisement51 2004-09-30 5 |Ti JTM k:u^BIhIS is&t* 19 Twenty 4* by Patek Philippe THE HOUR GLASS SINGAPORE MALAYSIA (*****-K) THAILAND TAKASHIMAVA SjC TEL: 65 6734 2420 KUALA LUMPUR BANGKOK SCOTTS SC. TEL 65 6235 719« LOT JO S.C. TEL 60-3-2144 1620 GAYSORN TEL 66 2-*****12 LUCKY PLAZA TEI 63-6733 1262 ■n ill<Hii..» m51 words
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Advertisement17 2004-09-30 6 PIMCO Emerging Markets Bond Fund rated 5-star by Mercer Investment Consulting Allianz (m) Dresdner 00 Assrt Management17 words
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Advertisement143 2004-09-30 7 Call toll-free 1800 289 8822 Designed to Showcase Digital Television systems develop new applications. Complete with permit for Video on Demand (VOD) from Singapore MDA*. Easily upgradeable to full JiT| wireless DVB-T, DVB-H, satellite uplink or larger scale DVB system. Equipment Includes: Antenna, Continental Digital TV Transmitter, NDS Encoders Modulators,143 words
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Advertisement175 2004-09-30 7 %glm ■R t j w |Li Mu I .j/mXf Uk W rv w I i m rj IL.. I BEJJi 3Br m VII ■MhA m B l|pLvj m>.N. K, fc&L. w RH I -j B 9W^ I' fS tSgari, PHI fst KKKavj■ jf I^ 2 i With Philips' MASTER Collection,175 words
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Advertisement159 2004-09-30 9 -n,^H 111 i jiL L yj^P^ijL^/jJ^ 4 jLJ|^'|j||r v^i /|W|J 1 |||||I|B|| frfvj £-i JP^B^ w ffiBMPSBMBP^ 881 t mKm:,zimn Ibb BBfiS^HBBBBWi i —m IBifliVl -I K i m) I jj^_'B m^m I B.lttV" 'Mtß In MS Ki m; r v/ R S-Jfl BB Mr A ~~?^&gggr -'v .Btife^^ML>s'P r159 words
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BLUE CHIPS
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Article, Illustration801 2004-09-30 10 JEAN CHUA - Its shares recently hit an 8-year high and further gains are expected as the outlook for its major divisions brightens, writes JEAN CHUA JEAN CHUA THE tide is flowing in Keppel Corp's favour. Shares in Keppel Corp, one of the top companies in rig buildingSource: Bloomberg; FILE PHOTO - 801 words
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Article1228 2004-09-30 10 STRAITS TIMES INDEX STOCKS Sl0 m Q—» Stmkmmm m Qw d—i Allgreen 50c 0-32 1.120 MX 2.01 2.760 -0.030 Bit Irrtl US20c 0.46 0570 -0.005 OCBC 10.82 14.000 +0.100 CapitaLand 1-22 1.780 -0.030 Parkway H 25c 0.63 1320 -0X120 Chart SwnjCowd 26c 0.79 1.020 -0.020 People's Food HK50c 035 1.1401,228 words
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Advertisement70 2004-09-30 10 Where to wine, dine and entertain... (Seafood by the oea /VV'VVn AMfiiPm Con Gtouoos Cmu Ik nunc Ambuhci SUIDOO GAUNN v s y SV/VSNSVSNSVSNSN/VSX JtiNGA i—food rMt«urant I r4l9a«<*a Step Inn Seafood Restaurant 920 EM Cow tatmr. SUfapon MN7S ft—™t Tel S34S 1111 Fax: 1345 2138 ■aalMai Hem: Ulpn -1170 words
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Advertisement111 2004-09-30 10 tit PLAZA PABKBOYAL INCAfORI Dinner Dance Packages It's time to start planning your year-end bash party... check out Plaza Parkroyal's attractive packages from $450 nett for an 8-course Chinese Dinner or an International Buffet Dinner. For a minimum of 10 confirmed tables, you'll get a free carton of wine, day111 words
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Advertisement22 2004-09-30 10 %Jm THE BLUE ELEPHANT v VI Tel: 6438-4888 n<r bi (l e *01-06 Millenia Walk, 9 Raffles Boulevard CATERING AVAHABIEf All.' ttjVs73s22 words
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Advertisement38 2004-09-30 10 MERITUS MANDARIN SINGAPORE MULTI AWARD-WINNING MANDARIN CHICKEN RICE Come, savour Singapore's favourite dish and other delights anytime. Reservations: 6831 6291 Coff*«hou»e 111 fIMI MERITUS MANDARIN 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411. Fax: +65 6732 2361.38 words
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SINGAPORE NEWS
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Article, Illustration589 2004-09-30 11 DANIEL BUENAS - It wants private developers to take lip more industrial property projects By DANIEL BUENAS JTC Corporation, Singapore's largest industrial landlord, plans to increasingly push private sector players into undertaking industrial space development projects in what the statutory board calls a "private-sector-first" approach, JTC'sFILE PHOTO - 589 words
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307 2004-09-30 11 CHEN HUIFEN - By CHEN HUIFEN SINGAPORE'S prime retail rents rose 0.8 per cent is-land-wide in the third quarter to an average $25.60 per square foot (psf) per month, boosted by positive market sentiment, said CB Richard Ellis (CBRE). The rise in average prime rents307 words
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Article, Illustration492 2004-09-30 11 CHEN HUIFEN - Education services provider also plans expansion abroad By CHEN HUIFEN PSB Academy is set to give a boost to Singapore's goal of becoming a global schoolhouse as the education services provider aims to become a full-fledged campus in Singapore as well as extend itsFILE PHOTO - 492 words
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Advertisement34 2004-09-30 11 if i I 1 M t I V- n I ,<•.' I Uf i*VKr I I Wfl I j r I Mm y jMm Pff I JM I'M Mi m V IB ■TOf Wa 51934 words
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SINGAPORE FOCUS: SERVICES
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Article99 2004-09-30 12 THOUGH still a minority group, home-grown companies have proven that they have what it takes—the required size and scale of operations—to be eligible for the Economic Development Board's (EDB) Headquarters (HQ) award. Since the HQ award's inception in 1986, over 300 companies have been awarded HQ status99 words
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Article, Illustration613 2004-09-30 12 YCH GROUP It is steadily expanding its network to cover the Asia-Pacific "GOING where you want to be" is the corporate tagline of the YCH Group. And this is exactly what the logistics company is doing, said its CEO Robert Yap. YCH wants to be613 words
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Article, Illustration605 2004-09-30 12 FRASER SERVICED RESIDENCES IT was in recognition of its strong internationalisation efforts that Fraser Serviced Residences received the HQ award from EDB last year one of the first hospitality companies to do so. And in line with its aim to605 words
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Advertisement1393 2004-09-30 12 Notices WING TAI HOLDINGS LIMITED f (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 40th Annual General Meeting of the Company will be held at the Moor Room, Level 4, Raffles City Convention Centre, Swissotel The Stamford, 2 Stamford Road, Singapore1,393 words
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Advertisement141 2004-09-30 13 TA7iv\v\/-vml 1 1 wirmpri l *-^'J- B I Chip Eng Seng is proud to be Some Quality Projects j the recipient Of the first SIAS by Chip Eng Seng: Most Transparent Company t (Construction) award. p' It is a fitting reflection of our focus *****111^^ timely achieve excellent results despite141 words
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ECONOMY WATCH
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444 2004-09-30 14 AP [WASHINGTON] The global economy should register its strongest growth in three decades in 2004 despite soaring oil prices, which are expected to restrain the US Expansion a bit, the International Monetary Fund (IMF) said yesterday. In it latestAP - 444 words
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499 2004-09-30 14 AP Reuters [WASHINGTON] The United States economy grew at an annual rate of 3.3 per cent in the spring, the government reported yesterday. That was significantly better than a previous estimate but still the weakest showing in more than a year. TheAP; Reuters - 499 words
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Oil at US$50
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Article, Illustration466 2004-09-30 14 AFP [MANILA] Higher oil prices, if sustained, could sharply cut economic growth in Asia and trigger spikes in inflation and interest rates, the chief economist of the Asian Development Bank (ADB) said yesterday. Economist Ifzal Ali also warned that even if geopolitical uncertainties pushing prices higher wereAFP - 466 words
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Article506 2004-09-30 14 Reuters [LONDON] Crude oil at a record high above US$5O a barrel is making policymakers sweat, and while it does not yet signal an imminent downturn for the fast-growing global economy, it could slow the pace of interest rate hikes. "The oil price is very high theseReuters - 506 words
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Article381 2004-09-30 14 Reuters [ALBUQUERQUE, New Mexico High oil prices will probaty brake US growth but wilhot derail the econony provided they do not risejharply from currentevels, top Federal Reserveoolicymakers said on Tuesiay. "As lfig as oil prices do not rise higher, te likely effects of recent inreases will beReuters - 381 words
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Advertisement906 2004-09-30 14 Notices ■0-MICRO-MECHANICS (HOLDINGS) LTD. (Incorporated in the Republic of Singapore) (Company Registration No: *****4632W) Notice of Eighth Annual General Meeting NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of the Company will be held at Ballroom 1, Intercontinental Hotel, 80 Middle Road, Singapore *****6 on Thursday, 21st October906 words
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MALAYSIA/INDONESIA
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Article, Illustration601 2004-09-30 15 SHOEB KAGDA - It merges propertyrelated firms under flagship property arm Lippo Karawaci By SHOEB KAGDA in Jakarta IN another major shake-up of its corporate empire, Indonesia's Lippo Group has merged its stable of property companies to create the country's largest listed property player with601 words
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Article208 2004-09-30 15 Reuters [KUALA LUMPUR] Plans by Malaysian state oil and gas firm Petronas to develop two new deepwater blocks in the Sulawesi Sea may be disrupted by overlapping claims by Indonesia, a company official said yesterday. Petronas had invited major oil and gas companies to bidReuters - 208 words
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468 2004-09-30 15 Reuters Bernama Bloomberg [KUALA LUMPUR] Malaysian carmaker Proton Holdings Bhd said yesterday it will tie up with a foreign firm and roll out a new model by the year-end as it prepares to compete in a market that is opening up underReuters; Bernama; Bloomberg - 468 words
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Article, Illustration660 2004-09-30 15 Reuters [JAKARTA] Retta Siahaan is happy to be pulling her money out of the bank and putting it in the ground. Interest rates in Indonesia are finally falling after touching sky-high levels in the 1997-1998 financial crisis, and property values are rising.Reuters; AFP - 660 words
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90 2004-09-30 15 Reuters [KUALA LUMPUR] State-controlled phone firm Telekom Malaysia Bhd said yesterday 19 per cent of its shares were held by foreign investors as at end-August, the highest since 1997. Foreign investors have flocked to buy shares of Malaysia's state-linked companies on optimism that a government planReuters - 90 words
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GREATER CHINA/INDIA
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334 2004-09-30 16 PM Singh okays two-track approach to liberalise private banking sector Reuters [NEW DELHI] The government is likely to allow foreign banks to buy up to a 10 per cent stake per year in private Indian banks and do away with a 10Reuters - 334 words
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Article, Illustration211 2004-09-30 16 AFP [HONG KONG] Hong Kong-based action star and former Bond girl Michelle Yeoh is to marry Ferrari motor racing team boss Jean Todt, a press report said yesterday. The glamorous couple let the secret out of the bag atAFP - 211 words
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Article, Illustration569 2004-09-30 16 AP [SHANGHAI] Never heard of Sanjiu? Bluestar? Baosteel? Minmetals? You soon might. The names of such Chinese companies aren't yet in the pantheon of globally known names like CocaCola, Nokia and Toyota. But China Inc is fast raising its international profile with aAP; AFP - 569 words
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346 2004-09-30 16 Reuters [BEIJING] China has warned against a rush among the provinces to sell off ailing state-owned enterprises (SOEs) amid public concern over widespread asset-stripping, the People 's Daily said yesterday. Beijing is stepping up efforts to turn around lossmaking state industries to try toReuters - 346 words
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286 2004-09-30 16 Move aimed at paring govt deficit Reuters [NEW DELHI] The Indian government unveiled on Tuesday plans to collect more state company profits as well as a string of measures to curb wasteful spending in a bid to cut 20 billion rupees (Ss74o million)Reuters - 286 words
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202 2004-09-30 16 AP [NEW DELHI] Computer sales in India rose 39 per cent in the April-June quarter from the same period last year, driven by growing demand from telecommunications, banking and financial companies, an industry group said on Tuesday. Increased competition among manufacturers has alsoAP - 202 words
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356 2004-09-30 16 Reuters [BERLIN] Last Friday's meeting of the Group of Seven finance ministers and central bankers with their Chinese counterparts is unlikely to pressure Beijing to revalue its exchange rate, a German government source said on Tuesday. "I think it would be wrong...Reuters - 356 words
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ASIA-PACIFIC/WORLD
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Article, Illustration458 2004-09-30 17 Deal is the single biggest cash-earner in Russian privatisation AP AFP [MOSCOW] US oil giant ConocoPhillips yesterday paid nearly US$2 billion for the Russian government's 7.6 per cent stake in Russia's Lukoil the world's No 2 oil company by reserves in Russia'sAP; AFP - 458 words
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272 2004-09-30 17 Reuters Bloomberg [NEW YORK] Software maker Computer Associates yesterday said it would cut 800 jobs, or 5 per cent of its workforce, to pare costs as it trims its product line amid stiff competition in software and services. The. job cuts will costReuters; Bloomberg - 272 words
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243 2004-09-30 17 [SINGAPORE! What do an American explorer, a Swiss equine specialist, a Georgian paleo-anthropologist, an Argentine paleontologist and a Japanese silk expert have in common? They are all winners of this year's Rolex Awards for Enterprise. Lonnie Dupre, Claudia Feh, David Lordkipanidze, Teresa Manera, and Kikuo243 words
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Article, Illustration498 2004-09-30 17 Hedge funds, other managers step up bets on currencies Bloomberg [NEW YORK] Foreign-ex-change trading surged to a record daily average of US$l.9 trillion this year as hedge funds and other money managers increased bets on currencies, according to the Bank for InternationalBloomberg; Source: S - 498 words
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Article, Illustration838 2004-09-30 17 ANTHONY ROWLEY - ASIA INSIGHT Record high home prices may trigger asset inflation and lower domestic consumption ANTHONY ROWLEY Tokyo Correspondent THE IMF's latest World Economic Outlook (WEO) published yesterday speaks of "fears that inflation is making a comeback" a statement that provokes the question of why838 words
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WORLD WATCH
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97 2004-09-30 17 AFP [BANDAR SERI BEGAWANI Sultan Hassanal Bolkiah yesterday signed a constitutional amendment which cleared the way for Brunei's first elections in more than four decades. The Sultan signed the amendment to the 1959 Constitution calling for a parliament with 15 elected membersAFP - 97 words
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129 2004-09-30 17 [BANGKOK] Prime Minister Thaksin Shinawatra yesterday called an emergency meeting on bird flu after experts said they had probably documented Thailand's first case of human-to-human transmission of the disease. While there was no evidence to suggest the case was the dreaded one that129 words
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116 2004-09-30 17 NYT [PARIS! Euro Disney, owner of struggling theme parks near Paris that have never been able to bring in enough business to pay their debts, secured a new restructuring plan on Tuesday, once again managing to stave off bankruptcy. The plan essentially involves EuroNYT - 116 words
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81 2004-09-30 17 Bloomberg [MANILA] Digital Telecommunications Philippines president Lance Gokongwei said a Philippine Daily Inquirer report that Hong Kong billionaire Li Ka-shing may invest in the phone company is "mere rumour". The company "is not involved in any informal talks with Hutchison Telecommunications International", MrBloomberg - 81 words
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117 2004-09-30 17 AP [TOKYO] Japanese voters have low expectations for Prime Minister Junichiro Koizumi's reshuffled cabinet, and want it to concentrate on welfare and the economy instead of his top agenda item of postal reforms, according to newspaper poll results released yesterday. Support for MrAP - 117 words
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Article, Illustration91 2004-09-30 17 Bloomberg [NEW YORK] Cisco Systems chief executive John Chambers (above) realised a gain of US$3B.3 million by exercising options to purchase Cisco shares during fiscal 2004, the company said. Mr Chambers, 55, acquired two million shares by exercising options, which give the holderBloomberg - 91 words
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75 2004-09-30 17 Reuters Bloomberg [PARIS] Electricite de France, the world's biggest power company, is selling a stake worth as much as 2.6 billion euros (555.4 billion) in Total SA as it seeks to cut debt and fund pension liabilities before a plannedReuters; Bloomberg - 75 words
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AVIATION
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Article456 2004-09-30 18 Reuters [CHICAGO] Two troubled US airlines on Tuesday moved to cut wages by up to 20 per cent. Delta Air Lines said it will cut wages by 10 per cent and its chief executive will go unpaid for the rest of the year, butReuters - 456 words
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Article124 2004-09-30 18 Bloomberg [TOKYOJ Japan Airlines and All Nippon Airways, the nation's two biggest carriers, together cancelled at least 247 flights yesterday, affecting about 25,000 travellers, to avoid flying into Typhoon Meari. Japan Airlines, the country's largest carrier, called off 98 domestic flights as at 5 pm, theBloomberg - 124 words
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Article397 2004-09-30 18 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), AI: Air India (AK), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), BI: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:397 words
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Article, Illustration377 2004-09-30 18 GEORGE JOSEPH - By GEORGE JOSEPH [SINGAPORE] A senior executive with Qantas Airways, who was at one time with Singapore Airlines (SLA), has been named to head the latest Singapore-based budget airline, Jetstar Asia. A chartered accountant by training. Con Korfiatis was introduced by QantasCHRIS LOH - 377 words
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373 2004-09-30 18 Pilot programme to equip airplanes with blast-resistant cargo containers Bloomberg [WASHINGTON] The US Senate unanimously approved plans to improve airline cargo inspection on commercial flights and to help prevent hijackings by authorising federal officials to check passenger lists for suspected terrorists. The SenateBloomberg - 373 words
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Article273 2004-09-30 18 VEN SREENIVASAN - By VEN SREENIVASAN [SINGAPORE] Malaysia's Air Asia has obtained regulatory approval for its initial public offering (IPO), according to reports. AFP, citing unnamed sources, said that the Malaysian low-cost carrier (LCC) had already obtained a letter of approval from the Malaysian Securities Commission for what273 words
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Article, Illustration319 2004-09-30 18 GEORGE JOSEPH - By GEORGE JOSEPH [SINGAPORE] Budget carrier Tiger Airways and Singapore's largest credit card issuing bank UOB have teamed up to launch the latest affinity card for air travellers here the UOB-Tiger Airways Visa gold smart card. On a day when there was a hive319 words
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254 2004-09-30 18 AFP [KUALA LUMPUR] Airport operator Malaysia Airports Holding hopes to woo carriers from China and Middle East by waiving parking and landing charges in an effort to make Kuala Lumpur International Airport (KLIA) a regional hub, a report said yesterday. "We will continue withAFP - 254 words
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SHIPPING
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PORT SHOTS
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136 2004-09-30 19 AFP [COLOMBO] Four people, including the skipper, were killed in an engine explosion aboard a South Korean container carrier off Sri Lanka, port officials said yesterday. The bodies of two South Koreans and two Filipinos were handed over to the Colombo harbourAFP - 136 words
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55 2004-09-30 19 Bloomberg [TIANJIN] China International Marine Containers Ltd, the world's largest maker of freight containers, will spend US$lOO million building a container factory in the northern city of Tianjin, its 19th in the country, the Ministry of Commerce said. The factory will manufactureBloomberg - 55 words
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88 2004-09-30 19 Bloomberg [BANGKOK] Hutchison Whampoa Ltd, the world's biggest port operator, has been approved to run six new terminals at Thailand's Laem Chabang port because it offered the highest bid, Transport Minister Surif*' Jungrungreangkit said. Hutchison, owned and run by Hong Kong tycoon Li Ka-shing, offeredBloomberg - 88 words
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114 2004-09-30 19 Reuters Bloomberg [NEW YORK] Carnival Corp on Tuesday said Hurricane Jeanne will hurt its fourth-quarter earnings, as the storm closed several Florida ports and forced the cruise operator to shorten itineraries on six cruises. The world's largest cruise group said the hurricane wouldReuters; Bloomberg - 114 words
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218 2004-09-30 19 AP [DHAKA] Importers and exporters pay an estimated US$l3O million in bribes each year to move their shipments through Bangladesh's main Chittagong seaport, according to a new report by Transparency International. Illegal payoffs are collected at 37 separate points alongAP - 218 words
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Article286 2004-09-30 19 SGX '600 5—29 SS Vol CH Offshore.™ JOJ9 unch 1293 OiuanHup 0.64 0.03 6610 Cokd Investment .0.99 -0.01 ***** CWT Distribution 0.51 unch 1 Ezra Hldgs 1.06 -004 332 Freight Links 0.10 unch 6 Grand Banks Yacht 0.80 0.01 S9 Java Holdings...... 102 0.02 6672 K1 Venture .0.27286 words
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533 2004-09-30 19 AP [SAN'A] A Yemeni judge yesterday sentenced two men, including one held in US custody, to death for orchestrating the 2000 suicide bombing of the USS Cole, and sentenced four others to prison terms ranging from five to 10 years. Jamal AAP - 533 words
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Article, Illustration1115 2004-09-30 19 US port congestion worsens as holiday shipping kicks into high gear Bloomberg LAT-WP [PRINCETON, New Jersey] Shipping companies at ports in Los Angeles and Long Beach, California, which account for 40 per cent of the ocean cargo delivered to the US, are trainingBloomberg; LAT-WP; FILE PHOTO - 1,115 words
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Page 19 Advertisements
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Advertisement1195 2004-09-30 19 Notices HORIZON EDUCATION TECHNOLOGIES LIMITED (Registration No. *****5625E) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING STo?tS pSS N i £f ner !l Meet,ng 0< Horizon Educa, ion Technologies Ltd (the "Company") will be held at Block 1008 without any oc,ober 2004 at 10 30 am for1,195 words
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EDITORIAL & OPINION
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Article515 2004-09-30 20 EDITORIAL PSYCHOLOGISTS have referred to the discrepancy between one's pre-conceived notion of reality and the new and contradictory information that one confronts as "cognitive dissonance". They have noted that individuals tend to resist accommodating new facts that don't fit and will try to resolve that conflict515 words
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Article, Illustration1262 2004-09-30 20 BOB DART - In live US presidential debates on television, what is said may matter less than what is seen By BOB DART Cox News Service SIGHS and shaves not substance or statesmanship are what voters and historians remember about presidential debates. "Presidential debates are oftenCox News Service; AFP FILE PHOTO - 1,262 words
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Article, Illustration697 2004-09-30 20 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group EVERY US presidential election is an exercise in hope and exaggeration. In two recent columns, I have tried to dampen unrealistic expectations on the issue of jobs. I've argued that Americans should discountThe Washington Post Writers Group - 697 words
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Article, Illustration1898 2004-09-30 21 MURRAY BAILEY - Apart from dedication to low costs, they need to have a solid business plan in place and follow it strictly to succeed By MURRAY BAILEY THE list is starting to get long low-fare airlines (LFAs) in Europe that have not made it. The listAFP - 1,898 words
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Article699 2004-09-30 21 THOMAS FULLER - By THOMAS FULLER International Herald Tribune [AMSTERDAM] President George W Bush has been accused of presiding over a jobless recovery in the United States, where employment has trailed the recent strong economic growth. How would a European president, if one existed, be rated onInternational Herald Tribune - 699 words
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Page 20 Advertisements
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Advertisement11 2004-09-30 20 Call 1800 289 8822 or email recruit @sph. comsg for solutions11 words
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Page 21 Miscellaneous
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Miscellaneous198 2004-09-30 21 CRYPTIC CROSSWORD 1 Not take when policeman is dismissed (3, Really much-liked singular Across: 1 Started, 5 Staying, 9 Ad--11 item of property (2,6) dress, 10 Reissue, 11 Theta, 12 2 There are more ot us in it (8) 15 Shackle worker on strike (8) Adornment, 13 Respite, 14 Sputter,198 words
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Article2319 2004-09-30 22 SGX XTRANET a-m M La* Vol Day GrOtv Mv GrYM Nat MCaa Hfrfc Ua Cada Clin Sate W- QM) H0i L—r ■■yar SaBar CW HE sJ 6065 Diamonds US2060cd 2120 6095 IS DJ US Tech US3740 6097 ISMSaSporc USSSScd 6)01 ISSAPS00 US8270xd ********** 6170 SPDRS US***** ***** 20202,319 words
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Page 22 Advertisements
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Advertisement53 2004-09-30 22 jjtSSft iUDEMARSPIGUET Le maitre de I'horlogerie depuis 1875 Mm,M im Available at: M I Showroom Nt watches 501 rchard R ad 03 10 /H Wheelock Place Singapore *****0. Tel: 6238 6678 Fax: 6238 6676. Ngee Ann City Tel: 6733 0618 Lucky Plaza Tel' 6737 4648 internet: nttp://www.audemarspiguet.com Suntec City Mall53 words
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Article2781 2004-09-30 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES labalOT h«U toVll H dy X yr dy yr 4y ttyr S»»ZI IndM CMpb* Q«r>9» thanpt Chug* Owng» Ch»og» Wtodd Indw ftehniwiY Ttb.6 03 1.0 05 0.) 03 03 TUA 03 3.1 03 1.1 03 13 Europe ftefcnwy 992.0 0.4 2.5 0J 132,781 words
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Page 24 Advertisements
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Advertisement1063 2004-09-30 24 m NORTH AMERICA ini —ahvtbai ia/ucia/ -weAt Attn 1 I AUSTRALIA/NEW ZEALAND m n _L m ii■■■■■ mnin gUPEH shuttle exphess (3SX) u iwwmu rrrnrnn rnr> Vtssa VOY 5 SM KG WV* ooa NMCIO 03W36 13/09 91/10 OMIT JfESSB VOT W SYD Ml AM R§ _SM Ht ooa HAMBURG 05W371,063 words
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Advertisement799 2004-09-30 24 vgsa/vor iawot marao kg raj la m jct STOUTS VEHTUIE/II IS U 20/09 23/09 20/09 01/10 02/10 STOUTS VWTWE/12 IS 1} 02/10 04/10 10/10 12/10 STOUTS VBITUK/13 IS 12 14/10 MO 21/10 24/10 1 24/10 vissa/vof >^^ 1 hhght(M) IrL m khh h I sm ro hcm cgp mi OUKEXKESS/4S799 words
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Advertisement1073 2004-09-30 25 C o luiyi of shipping modbs to mmrv hmwy, iwdbii mtvmos covwwj nwjoc ports n "North AmncSr Europe, Japan, Asia, Africa Oooiwo. ;> K/M)HSIMIG/lANC»Oit For Schedules, BL Searches, and Container Tracking, visit on our Home Page: www.moliin.com.sq HAMBURC^^SUD aiMUMgmm .SAH SttVKI (IXPOCT) Imk* Htlfc* (65) —|p w »«-i» Sf w«w1,073 words
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Advertisement1131 2004-09-30 25 Vtssa VOY SJH KG GOLDEIIGATt 431 M 30/9 1/10 3/10 XZj KUtH B>I(XSE gfi ~77TT MO I GOLDEN TRADE 1408N I 5/10 I 6/10 I 8/10 I -I- I I NEW DYNAMIC 071 A ~M7IF 16/10 I HERTFORD 1 nifW I 17/ in 11 Vin I H/lfl I -1-1-1 PERTH1,131 words
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Advertisement190 2004-09-30 25 Qemartrans (S) Pte Ltd GEMARTRANS OPERATOR COM CT CR NO: IMS7MOOOOR FOR BOOKMO& TEL: HOC SMQAPORE *****882/ *****882 *****881/*****110 KUALA LUMPUR (03)*****868 (03| *****102 VKSa I VOT I Si I HOI GOUXN GATI 431N 30/09 03/10 MAROVPER 12N 02/10 05/10 PEIAI 14N 04/10 07/10 GOUKNTRAM 40SN 05/10 01/10 DA HN190 words
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Advertisement912 2004-09-30 25 WEEKLY EXPRESS SAIUNG SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VBSa VOY SW PJUAMO COUM—O W.SMPO COUMMO JUUKittBUI JM4I _2U2 omit 03 on moo won iayhidm oo2w m oct otoa woo 1200 15 on Ausmrnmidge mm 1100 i3on uoa uoct 2200 MttPBWIU YTWOSI HOP 2000 23Q0 26Q0912 words
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Advertisement1053 2004-09-30 26 Uj(Jl# WALLENIUS WILHELMSEN website: http://www.2w9lobol.com VKSa |VOT [RAMP LK MAO HOW MIA ~SAV mT~ o*f NYC NEW MQ4 THUS AF4I9 4201NS 4.4 M I 02/10 24/10 03/11 10/11 11/11 15/11 13/11 17/11 07/11 TOM M4lO 4001 MS 4.3 M I 04/10 10/11 13/11 12/11 14/11 IMBUM <1420 1 3201ws 4.411,053 words
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Advertisement670 2004-09-30 26 JSS m m m jsssb m m ml rACIANPA 1307N nm */W rttMU AIM MZB Q3ZU csrnoi 0037F 30/00 oa/io mwm mi xm 82/u PAOAMOA I3OW 01/10 01/10 Hl— 7 A2IA 02/10 05/10 PAOANOA 13MK 02/10 557T0 PACOAU 413S 05/10 00/10 PAC»A«DA inM B2ZIA Q4/1Q cy 230 i ***** oa/io670 words
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Advertisement199 2004-09-30 26 VHSS m rn rn pcthatk* Forruw I 31/04 M/ 10 OS/10 KUTUNG/PKLIALAM UNn 32/ M 01/10 01/10 JAMM/POAMARU maharw 10/04 04/10 04/10 paihmamg/pammhg PRIMA SAMUDRA M/ 04 IN PO«T 02/10 OBANM/INOIM■ PIIUUWEH 00/04 01/10 01/10 SMMK/MUNAYATI PgTAMA 10/04 WWW 01/10 PBHMUI/PAMN6 VKSB m rn rn ootnatmn PARADISE 12/04 04/10 M/199 words
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Advertisement472 2004-09-30 26 BSA x. n s '=!HfEW!Tc'3riTs3™ MYANMA ■n FIVE STAR UNE (Myaaor NotiMoi Um) Loadhg for Ynjti Vissa VOY $M PKL PIN PGU PAGAN 332W SU> MPA-AN 326W 24/09 IN MAUYSIA: lOUSTEAD SHIPPING AGENCIES KUL 03-*****300 PKL 03-*****101 PIN: 04-2****** JHHA ACCEPTIMB COiVEMTIOiAL C6O HKG SM HKG SM PGU Ptt KUC472 words
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THE BUSINESS TIMES SHIPPING TIMES
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BizIT
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Article, Illustration880 2004-09-30 28 TANG WENG FAI - Instead of expanding into the region, Malaysia's top mobile telco is focusing on its domestic data services. TANG WENG FAI reports TANG WENG FAI GIVEN the scope for profitable growth within Malaysia itself, particularly in data services, the country's top mobile telco Maxis is inFILE PHOTO - 880 words
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141 2004-09-30 28 AFP [BEIJING] China more than doubled its export earnings from cellphones, shipping 73.4 million handsets overseas in the first seven months of the year, state media reported yesterday. The number of China-made cell- phones sold in overseas markets rose 56 per centAFP - 141 words
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Article, Illustration514 2004-09-30 29 AMIT ROY CHOUDHURY - 25 countries are building up skills; Indian market share will fall by 2007 Reports by AMIT ROY CHOUDHURY WHILE India is expected to remain the predominant player in the offshore business process outsourcing (BPO) market, its share will start to decrease as more countriesSource Gartner based on Non-Gartner Research - 514 words
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Article231 2004-09-30 29 SINGAPORE companies can tap into the worldwide BPO market by adopting the hub-and-spoke model, according to Amitava Guharoy, executive director of PricewaterhouseCoopers Corporate Finance. Speaking yesterday at the two-day Global Business Process Outsourcing Conference 2004—Insights into India. Mr Guharoy said Singapore could be the hub231 words
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Article, Illustration286 2004-09-30 29 Reuters [SAN FRANCISCO] California Governor Arnold Schwarzenegger signed an anti-spyware bill on Tuesday banning unauthorised installation of software that hides in personal computers and secretly monitors user activity. The bill clears the way for consumers to sue responsible parties for actual damages, said stateReuters - 286 words
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373 2004-09-30 29 NYT [NEW YORK] An IBM machine has reclaimed the title of world's fastest supercomputer, overtaking a Japanese computer that had caused shock waves at US government agencies when it set a computing speed record in 2002. Supercomputing technologies were widely viewed as indicators ofNYT - 373 words
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Article, Illustration385 2004-09-30 29 AMIT ROY CHOUDHURY - Slide-up phone latest craze among young S'poreans By AMIT ROY CHOUDHURY SAMSUNG Electronics has introduced its second slideup phone in Singapore, on the back of a Taylor Nelson Sofres survey that showed such phones as likely to become the latest craze among young Singaporeans385 words
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Page 28 Advertisements
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Advertisement1212 2004-09-30 28 Notices FLEXTECH HOLDINGS LIMITED (Company Registration No: *****6761 C) (Incorporated in ttie Republic of Singapore) NOTICE To: Holders of Flextoch Holdings Limited (the "Company") or ("FHL") Varied Loan Stock Due 2007 THIS IS AN IMPORTANT NOTICE WHICH REQUIRES YOUR IMMEDIATE ATTENTION. IF YOU ARE IN ANY DOUBT AS TO THE1,212 words
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Advertisement1218 2004-09-30 28 BPO: CATCHING UP WITH INDIA There were at least 25 countries, including Singapore, that are actively vying to get a piece of the global delivery model pie, after seeing the success that India has had so far. PG 29 Notices TRANSWORLD MARINE LIMITED (Incorporated in the Republic of Singapore) CO1,218 words
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Advertisement199 2004-09-30 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SCHOTT PRECISION OPTICS TECHNOLOGIES SINGAPORE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuont to Section 308( 1) of the Companies Ad, Cop 50, that a Final Meeting of the Members of the obovenomed199 words
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Advertisement1810 2004-09-30 29 Notices ere GES INTERNATIONAL LIMITED CVCSiSv (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Mooting of GES International Limited (the "Company*) wnM be held at Casuarina Suite B, Raffles Hotel, 1 Beach Road. Singapore *****3 on 22 October 20041,810 words
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PROPERTY
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Article, Illustration685 2004-09-30 30 KALPANA RASHIWALA - BT exclusive At $671 psf ppr, price is highest for residential land since April, 2000 Reports by KALPANA RASHIWALA BS CAPITAL, a property group set up last year by former Citiraya CFO and deputy chairman Raymond Ng, has bagged Falcon685 words
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Article, Illustration309 2004-09-30 30 ASK most Singapore businessmen what their hobbies are and you'll get a reply like "golf* or "collecting antiques" or "miniature cars". But Raymond Ng says his hobby is venturing into new businesses. In fact, the former Secondary two school dropout says he started309 words
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Page 30 Advertisements
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Advertisement207 2004-09-30 30 j I 1 I 1 1 V-' jj} tjfc rr in "rti jr. >v v IJSi vV x '< j jhmd'™* w mr I I I .ifi i H >;■ I T I f 'V -'C p- Igj A prestigious redeveloped Grade II listed building set in 13 acres The207 words
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Advertisement160 2004-09-30 30 ORCHARD BOULEVARD t Land: 34,000 sq ft approxl GRANGE GDN PR: 2.1, up to 24 storeys I s 5 8 1 Zoned "Residential" T Q. s one tree v "S Near Orchard Road g LODGE Q \i 'Subject to Strata Titles Board approval y 1 ox 2 Tender closing: Ge160 words
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Advertisement20 2004-09-30 30 Releasing a financial statement? Call 1800 289 8822 or email notices@sph.com.sg to book your advertisement in our newspapers now. J20 words
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PROPERTY WATCH
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Article, Illustration540 2004-09-30 31 A cosy, quiet sanctuary right in the city centre, One Oxley Rise will appeal to young professionals, small families as well as investors TUCKED along quiet Oxley Road right in the heart of town, the freehold development One Oxley Rise is hoping to appeal to young540 words
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1150 2004-09-30 31 Brought to you by i'ftOJECT NAME/ PROP CONTRACT TENURE BUflHN/lAND PRICE PSf $1REETNAME TYPE DATE AREA*(SQFT) (S$'000) (S$) District 01 NON-LANDH) Emerald Gdn Apt 27/06/2004 999 829 670 806 District 02 WON LANDED Wtl Plaza Apt 12/08/2004 99 1475 5051,150 words
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Page 31 Advertisements
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Advertisement122 2004-09-30 31 Got the right home? Now get the right home loan. Buying a house in Singapore is a heavy investment. However, you can still have the freedom to live life the way you want with HSBC home loans. Enjoy these benefits when you take up an HSBC home loan: Competitive interest122 words
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Advertisement43 2004-09-30 31 HSBC<X> The world's local bank This is a monthly series brought to you by HSBC. To find out more about HSBC home loans or for a special preview of 1 Oxley Rise this weekend, contact us on 1800 HSBC NOW (1800 4722 669).43 words
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MADE IN SINGAPORE
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Article, Illustration904 2004-09-30 32 CONRAD TAN - By CONRAD TAN TOFU may not get many people drooling, but Unicurd Food owner and managing director Francis Goh is working hard to change that. When he bought the company in 1980, it turned over less than $500,000. Under his stewardship, Unicurd expanded rapidlyCHRIS LOH; ARTHUR LEE - 904 words
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Article808 2004-09-30 32 NANDE KHIN - Costs may be higher in Singapore, but the soy sauce maker is set on staying put, reports NANDE KHIN NANDE KHIN AS its executive director, Thomas Pek readily admits that it is no longer cost competitive for soy sauce maker Tai Hua Food808 words
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Advertisement516 2004-09-30 32 THE food industry in Singapore was worth about $4 billion in 2003 and it employed more than 18,000 people. The industry is diversified. "Upstream" companies churn out ingredients and additives for "downstream" firms that make end-products. Continual innovation and R&D ensure top quality and a wide range of offerings. So516 words
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