The Business Times, 31 March 2006

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Total Pages: 35
1 36 The Business Times
  • 15 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg MICA (P) 099/03/2006 Friday, March 31,2006
    15 words
  • 596 1  -  By KENNETH JAMES [SINGAPORE] Much has changed in the six years since the Big Bang of April 1, 2000, when the nation's telecom sector was thrown open, ending a long-stand-ing monopoly and sending shock waves reverberating throughout the entire economy. Singapore's directorgeneral (telecoms) Leong
    YEN MENG JIIN; Source: IDA  -  596 words
  • 137 1 Dsn 2,521.04 (+0.29) ST INDEX FUTURES 2,521.00 (unch) SIMSO 299.09 (+0.72) SIMSO FUTURES 299.40 (+1.20) MARKETS Thursday Change KLSE COMP 926.97 -6.01 NIKKEI 225 17,045.34 +106.93 HANG SENG 15,880.69 +135.58 SET INDEX 730.99 +6.12 JAKARTA COMP Closed MANILA COMP 2,180.64 -0.94 SEOUL COMP 1,338.14 +5.42 SHENZHEN B 261.91
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  • 981 1  -  But economy in general should get boost from stronger consumption, business spending By ANNA TEO [SINGAPORE] A cyclical contraction in electronics cannot be ruled out for later in the year, although the economy as a whole is likely to get a
    981 words
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  • TOP STORIES
    • 397 2  -  Totally inadequate, it says of the offer from parties that include GIC By DONALD URQUHART [SINGAPORE] Associated British Ports (ABP) Holdings, the UK's biggest domestic port operator, has rejected a £2.2 billion (556.2 billion) takeover offer from an investment consortium that includes
      397 words
    • 548 2 By OUR CORRESPONDENT in Bangkok ADVANCED Info Services, Thailand's biggest mobile phone operator, yesterday reported its poorest figures for new subscribers in more than two years. pinched by the partial consumer boycott of companies that were sold by Prime Minister Thaksin Shinawatra to
      REUTERS  -  548 words
    • 556 2 Sands ups the ante with USs3.6b plan A DAY after Genting International and Star Cruises announced their plan to spend over $5 billion to develop the Marina Bay integrated resort, Las Vegas Sands has topped that —saying yesterday it would invest US$3.6 billion (Sss.B billion). That would make
      556 words
    • 732 2  -  By ANNA TEO [SINGAPORE] The neighbouring markets of Singapore and Malaysia are unlikely to crosslist stocks "for quite some time", says Hsieh Fu Hua, chief executive officer of Singapore Exchange. The challenge is in forging the "right mindset" in all
      FILE PHOTO  -  732 words
    • 598 3  -  Partner CityDev's M&C hopes to channel Mid-East visitors here By ALEXANDRA HO [SINGAPORE] A day after Genting International and Star Cruises announced their plan to spend over $5 billion to develop the Marina Bay integrated resort (IR), Las Vegas Sands has topped that
      598 words
    • 420 3  -  By ALEXANDRA HO [SINGAPORE] The government might not have made its pick for the winner of the Marina Bay integrated resort (IR) bid yet but stock punters certainly have. Yesterday's trading on the Singapore Exchange (SGX) saw huge play on shares in
      420 words
  • Page 2 Advertisements
    • 54 2 people r r *i u T includes Fortune 500 companies. Www thopeopki.itwork corn Asm Pacific Executive Search William Green is the CEO of consulting and outsourcing giant Accenture. He considers himself a 'garden variety Accenture employee'. In the Raffles Conversation tomorrow, >|l he talks about what that means in terms
      54 words


  • COMPANY NEWS
    • 294 4  -  By SIOW LI SEN HYFLUX has managed to rope in the World Bank as a business partner, a move which will help the company increase its business in China and India. Yesterday, the water treatment company said the International Finance Corp (IFC),
      294 words
    • 669 4  -  Head of trading to be seconded from investor BP By MICHELLE QUAH THE brand new board of directors at China Aviation Oil (CAO), formed just this week to start the scandalhit company on a fresh slate, says it may be
      FILE PHOTO  -  669 words
    • 671 4  -  HOCK LOCK SIEW By R SIVANITHY THESE days, placements are an increasingly common sight in the local stock market. This is to be expected since companies and vendors quite naturally want to capitalise on buoyant sentiment to raise cash (some observers believe a
      671 words
    • 639 4  -  US$8m stake in cargo airline JV will give it foothold in mainland By VEN SREENIVASAN SINGAPORE'S A-Sonic Aerospace has struck a deal that will give it a significant stake in a cargo airline joint venture in China a US$B million move that could propel
      639 words
    • 571 4  -  By NANDE KHIN TECHNOLOGY and automotive group WBL Corporation Ltd's Nasdaq-listed subsidiary Multi-Fineline Electronix (M-Flex) is proposing a voluntary conditional offer worth about US$5OO million (*****.2 million) for another of WBL's unit MFS Technology Ltd. If M-Flex succeeds in acquiring Sesdaq-listed
      571 words
    • 319 6  -  By MICHELLE QUAH ASIA Food Properties (AFP) has secured the rights to a sizeable township development project in Indonesia as it finally closes the chapter on its restructuring efforts, and seeks to embark on a new stage of life. The Indonesia-based, Singapore-listed company has entered
      319 words
    • 596 6  -  CEO Jackson Tai may get $4-4.75m, COO Frank Wong $3.5-3.75 m By LESLIE YEE DBS Group chiefs Jackson Tai and Frank Wong are likely to see their remuneration fall substantially this year, following the bank's disappointing 2005 results.
      596 words
    • 213 6 BLUE-CHIP food and beverage group Fraser and Neave Ltd (F&N) is planning a stock split to improve the liquidity of its shares. In a statement to the Singapore Exchange (SGX), F&N said yesterday that it is proposing a sub-division of each ordinary share
      213 words
    • 584 7  -  Bid values Pearl at more than $865 m almost three times its IPO value By NANDE KHIN LOOKS like United Arab Emirates-based oil and gas company Aabar Petroleum cannot wait to get its hands on Pearl Energy. In an announcement
      584 words
    • 286 7  -  Move could lead to more banks as clearing members By LESLIE YEE THE Singapore Exchange (SGX) is looking to make it easier for banks to become its clearing members. The SGX released a consultation paper yesterday which proposes allowing banks to become SGX clearing
      286 words
    • 471 7  -  By OH BOON PING SINGAPORE Windsor Holdings, a PCB punching mould manufacturer and services provider, has launched its initial public offering (IPO) for a mainboard listing. The company yesterday announced an IPO of 32 million shares 26.4 million new shares and 5.6 million
      471 words
    • COMPANY BRIEFS
      • 75 7 CERAMIC tile maker Eagle Brand Holdings plunged into the red with a net loss of 59.8 million yuan (Ssl 2 million) for the financial year ended Jan 31,2006. It cited lower reversal of provisions and poorer gross margins as among reasons. For the previous
        75 words
      • 139 7 LKN-Primefield Ltd's auditors have drawn attention to the "going concern" basis of its 2005 financial statements. In its auditors' report, PricewaterhouseCoopers (PwC) said the basis adopted assumes the continuing financial support of bondholders, banks and creditors and the group's ability to generate sufficient cash from
        139 words
      • 82 7 WEE Poh's majority shareholder Winning International has achieved a 90 per cent take-up on its share placement offer. Of the 1.3 billion Wee Poh shares made available to the existing shareholders at 0.5 cents per share, Winning sold 1.175 billion shares. The overall
        82 words
  • Page 4 Advertisements
    • 32 4 1/1/7 r\ r rn iyiy airways a^jhaJiii lII' V/ r yon more from please contact your or Qatar at or us Paragon For further information on schedules to lege Cub, Flyer please
      32 words

  • Page 5 Advertisements
    • 426 5 Now you can own a piece of the First Pan-Asian Serviced Residence REIT lE2sllfil!jss*. j i'riSi*i i ■>?&: v v J iSStSeSS^I R& i_ f will J IBifc. mSMim Ascott Residence Trust starts trading on SGX TODAY! Invest in the fast growing Pan-Asian markets whiie enjoying enhanced stability with Ascott
      426 words

  • Page 6 Advertisements
    • 105 6 f SINGAPORE WINDSOR HOLDINGS LIMITED Company Number V SOR Offer closes The above is made and accompanied by the prospectus of Singapore Windsor A 30 March 2006 (the s Application the Offer may made by way of Application Forms or by way ]BflHK^fi|B^B to the for the Placement printed Application
      105 words
    • 7 6 ■Q% Interest Instalment for Credit Card Available!
      7 words

  • Page 7 Advertisements
    • 989 7 /Yr AXIS SYSTEMS HOLDINGS LIMITED (Incorporated in Bermuda on 29 July 2002) Company Registration Number ***** NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting of Axis Systems Holdings Limited ('Company") will be held at The Executives' Club, 65 Chulia Street, OCBC Centre #33-01, Singapore
      989 words
    • 158 7 WlMiWmMjjj v INDIA > Mji AND V J\ I J Celebrating SINGAPORE IBM CECA: Expanding Opportunities 41.3% increase in bilateral trade in 2005 The Comprehensive Economic Co-operation Agreement (CECA) was signed by Mr. Lee Hsien Loong, Prime Minister of Singapore and Dr. Manmohan Singh, Prime Minister of India in June
      158 words

  • SINGAPORE MARKETS
    • 553 8  -  STOCKS China stocks fail to shine, with CAO sliding 11.5% to $1.45 after Wednesday's run-up R SIVANITHY Senior Correspondent FOR the first time in recent memory, China stocks yesterday failed to make an impression in a trading session, their places in the top 20
      Source: Bloomberg  -  553 words
    • 1064 8 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Mar 30 and earlier) Subsantial No of Price SHAREHOLDING Trans Shareholder/ Buy/ Shares Per Before After stodt Date Director Sell '000 Shr ('000) fQOQ) Nam Lee 29-Mar-06 Yong Koon Chin *Buy 133 na *****0 53 86 *****3 53 91 Swissco Intl
      1,064 words
    • Article, Illustration
      867 8  -  Compiled by MATTHEW PHAN China Sun Bio-Chem March 30 dose: 67.5 cents KIM ENG RESEARCH, March 30 ETHANOL plant construction hits some turbulence: CSBT restarted construction work on its Shenyang ethanol plant in mid-March following the winter break but has experienced unseasonably cold weather that intermittently interrupted work.
      Source: Bloomberg  -  867 words
    • 553 8 CURRENCIES Reuters {LONDON! The euro built on earlier gains against the dollar yesterday, supported by expectations that the European Central Bank will next raise interest rates in May, and a perception that US interest rates may be peaking soon. The dollar had
      Reuters; REUTERS  -  553 words

  • Page 9 Advertisements
    • 2531 9 HfJll'.TJlLand Keppel Land Limited Co Reg No: *****0001G (Incorporated in the Republic of Singapore) Notice of Annual General Meeting and Notice of Extraordinary General Meeting Closure of Books NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Keppel Land Limited (the "Company") will be held at Intercontinental Singapore, Ballrooms
      2,531 words

  • SINGAPORE NEWS
    • 375 10  -  But number is down for mortgagee properties put on the block By KALPANA RASHIWALA THE value of properties sold at auctions in the first quarter of this year hit $70.12 million, up more than 80 per cent from the preceding quarter and from
      Source: Colliers International  -  375 words
    • 403 10  -  By ARTHUR SIM THE vacancy rate of prime shopping centres in Orchard Road declined to a 14-year low of 3 per cent, boosted by higher consumer spending and tourist arrivals, latest figures for the first quarter of 2006 by Knight Frank show. Average
      403 words
    • 293 10  -  By SIM PING KHUAN MARINE life enthusiasts in Singapore can look forward to the possibility of a new diving hotspot around Pulau Hantu in the near future. A team of environmentalists, marine scientists and dive professionals, led by the Singapore Underwater Federation, is
      293 words
    • 5738 10 UNIT TRUSTS FUNDS ACMd Amer Income B USD 8 6/ ACMGI Amer Income A EUR 7.14/ »*i IM > cu lu f',, I, -I ACMGI Amef Income 8 EUR 7.14/ 0051/ ACMGI Europ Income Opp AT SGD 14.94/ S f£™ iSlrt 7 ACMGI Eur °P "WW Opp BT SGD 14.94/
      5,738 words
    • 225 11  -  By MATTHEW PHAN AT a Christie's auction this evening, 21 pairs of classic adidas sneakers that have been redecorated by prominent local artists and designers will go on sale, with all proceeds going to The Business Times Budding Artists Fund. adidas is relaunching
      YEN MENG JIIN  -  225 words
    • 642 11  -  PAP throws down gauntlet as it introduces 3 'post '65' candidates By UMA SHANKARI THE ruling People's Action Party yesterday threw down the election gauntlet to opposition parties, asking them to unveil their candidates so they can be subjected to the same kind of
      642 words
    • 268 11  -  Republic tops three key yardsticks in ISR study By OH BOON PING SINGAPORE has topped a list of 1 neighbouring countries in terms i of most favourable working con- ditions. In a study by Internation- < al Survey Research (ISR), Singa- 1 pore
      268 words
    • 413 11  -  By CHEN HUIFEN The challenge for public service today lies in striking a balance between maintaining autonomy at individual agencies while seeking an integrated approach to create a "networked government" that can tackle issues involving multiple organisations, according to Deputy Prime Minister S Jayakumar. Speaking at
      413 words
    • 426 11  -  By CHEN HUIFEN IN a bid to capture more tourist arrivals and to gear up for the expected boom stemming from the integrated resorts, Commonwealth Travel Service Corp Pte Ltd (CTC) yesterday launched a new business entity focusing on inbound travel packaged with healthcare services.
      426 words
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  • Page 11 Advertisements
    • 1261 11 SUNSHINE HOLDINGS LIMITED (Incorporated in the Cayman Islands on 30 September 2004) (Company Registration No. CT-*****5) Invitation in respect of 249,600,000 Invitation Shares of 550.0625 each, comprising 208,000,000 New Shares and 41,600,000 Vendor Shares as follows:(a) 12,480,000 Offer Shares at 550.275 for each Offer Share by way of public offer;
      1,261 words

  • ECONOMY WATCH
    • 567 12  -  UN study says they may have global welfare-reducing effect By DANIEL BUENAS THE economic benefits of Singapore's profusion of bilateral trade agreements could be mitigated by a number of "negative consequences", and may have a net welfare-reducing effect on the global economy, a United Nations report
      567 words
    • 587 12  -  By ANNA TEO [SINGAPORE] East Asia's growth outlook has brightened of late, though risk factors such as high oil prices and rising interest rates are likely to persist for a while, the World Bank says in its latest
      587 words
    • 197 12 Bloomberg [SYDNEY] Prices of oil and other commodities have peaked and will likely fall, cutting export revenue for countries such as Papua New Guinea and Malaysia, said Homi Kharas, chief economist for East Asia and the Pacific at the World Bank. "From what we
      Bloomberg  -  197 words
  • Page 12 Advertisements
    • 2616 12 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg BUV IT- SELL IT FIND IT BAN LEONG TECHNOLOGIES LIMITED (Incorporated in the Republic of Singapore) Company No. *****3898 C NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of BAN LEONG TECHNOLOGIES LIMITED (the "Company") will be held
      2,616 words

  • Page 13 Advertisements
    • 3233 13 i^Arci isJOTICFS X 1. 1. Vh».j L Toll free: 1800-289-8822 Email: notices@sph.com.sa BUY IT SELL IT FIND IT IN THE MATTER OF THE COMPANIES ACT (CAP. 50,1994 Ed) AND IN THE MATTER OF FRESH LUSH HANDMADE COSMETICS PRIVATE LIMITED (In Members' Voluntary Liquidation) (Company Registration No. *****0490 C) NOTICE OF
      3,233 words
    • 135 13 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF WINFORTH INVESTMENT PTE LTD (Co. Reg. No.: *****4784Z) (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that a final meeting of the members of the above
      135 words

  • MALAYSIA/INDONESIA
    • 364 14 Production in both countries being mulled, reports FT [BEIJING] Chinese carmaker Chery is in talks with troubled Malaysian auto group Proton about creating an alliance that would involve manufacturing in both countries, the Financial Times said yesterday. The potential tie-up under discussion would give
      BLOOMBERG  -  364 words
    • 431 14 Reuters [KUALA LUMPUR] US banking giant Citigroup is ready to buy a Malaysian bank if the country relaxes its foreign-ownership rules. "We would love to be a consolidator in this market and therefore love to buy a bank," Piyush Gupta, head of Citigroup's Malaysian
      Reuters  -  431 words
    • BRIEFLY ASIA
      • 76 14 AFP [MUMRAI] Indian share prices rose 1.1 per cent to another record close yesterday, the fifth-straight trading day of gains led by strong domestic and overseas fund buying, dealers said. They said funds bought software stocks following a rise on the tech-heavy
        AFP  -  76 words
      • 107 14 AP [KUALA LUMPUR] Prime Minister Abdullah Ahmad Badawi is expected to unveil a five-year economic plan in Parliament today that economists and officials say includes up to US$54 billion investment in infrastructure and aims to reduce poverty and spur growth. The 9th Malaysia Plan
        AP  -  107 words
      • 67 14 Reuters [KUALA LUMPUR] Indonesia is evaluating a 30-year contract with US firm Freeport-McMoran Copper and Gold Inc but has no plans to shut its huge copper mine on Papua, Vice-President Jusuf Kalla said yesterday. In recent weeks Indonesia has seen violent protests against US mining
        Reuters  -  67 words
      • 89 14 Bernama [KUALA LUMPUR] The Employees Provident Fund (EPF) plans to outsource an additional RM2 billion (SsBBo million) to external portfolio managers this year as part of its strategy to diversify its investments and support the government's initiative to develop the local capital market. Its
        Bernama  -  89 words
      • 54 14 Bloomberg [MUMBAI] ICICI Bank Ltd, India's second-largest lender, raised the rate on deposits made by Indians living overseas by a quarter percentage point effective yesterday. With the increase, the interest rate for a one-year deposit by Indians overseas is 5.15 per cent, the bank
        Bloomberg  -  54 words
      • 35 14 AFP [JAKARTA] Indonesian President Susilo Bambang Yudhoyono has ordered that a national team be formed to deal with violations of intellectual property (IP) rights, a report said yesterday.
        AFP  -  35 words
    • 2260 14 vol General Corp AM 0.08 4375 1 W- rmt Gentmg 24.10 -0.40 202 George Kent 0.55 -0.02 223 A AM Realty .1.37 -0 01 8 GHL Systems A21 -0.02 ***** 33 'S GlobetronicsTeeh. .0.31 AA1 727 ACPImkatns 1.02 -0.07 848 GlomacShd 1.23 -0.01 404 A<*ance Synergy AW -0.01
      2,260 words
  • Page 14 Advertisements
    • 712 14 m p international limited M (Registration No. *****4817H) (Incorporated in the Republic of Singapore) H 1 NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Hi-P International Limited (the "Company") will be held at Albizia Room 1, Jurong Country Club, 9 Science Centre Road,
      712 words

  • GREATER CHINA
    • 544 15 Non-proliferation treaty members should honour obligations: Wen Reuters [CANBERRA] China backs India's peaceful nuclear energy plans but wants nuclear weapon states to honour their obligations under the Nuclear Non-proliferation Treaty, Premier Wen Jiabao was quoted as saying yesterday. "India is a friendly
      Reuters; AP  -  544 words
    • 407 15 Reuters [SHANGHAI] China said yesterday it would give its loss-making brokerages seven more months to restructure, merge or face closure, a move analysts said could leave less than half of the current players standing. China has set the deadline for the
      Reuters  -  407 words
    • 231 15 Reuters [BEIJING] A Chinese Finance Ministry official has said imposing a fuel tax will be extremely difficult and there is no timetable for such a move, the official Xinhua news agency reported yesterday. Analysts have said Beijing was likely to consider a 20-50 per
      Reuters  -  231 words
    • 160 15 Reuters [TAlPEl] Taiwan's Acer Inc, the world's fourth-largest vendor of personal computers, said fourth-quarter profit fell by a third from a year earlier, when the firm reaped more non-operating income from stock investments. Acer earned a net profit of NT52.102 billion (Ss42o million) for
      Reuters  -  160 words
  • Page 15 Advertisements
    • 1460 15 BONVESTS HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Registration No. *****0282 M NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Seventh Annual General Meeting of the Company will be held at Sheraton Towers Singapore, 39 Scotts Rood, Topaz Room, Level 2, Singapore *****0, on Friday, 21
      1,460 words
    • 1652 15 RafflesMedicalGroup (Incorporated in the Republic of Singapore) Notice Of Annual General Meeting NOTICE IS HEREBY GIVEN that the 17th Annual General Meeting of the Company will be held at 585 North Bridge Road, Raffles Hospital #11 -00, Singapore *****0 on Friday, 21 April 2006 at 3.00 pm to transact the
      1,652 words

  • INDIA
    • 770 16  -  It goes from hostile to hands off as minister tells Indian official he won't block deal By SIDDHARTH SRIVASTAVA in New Delhi IN what is seen as a significant Luxembourg has softened its stance on Mittal Steel's US$22.B billion takeover bid for Arcelor. India
      BLOOMBERG; AP  -  770 words
  • Page 16 Advertisements
    • 2714 16 NOTICFS A Toll free: 1800-289-8822 Email: notices@sph.com.sg —1 G. K. GOH HOLDINGS LIMITED [|H (Company Registration No. *****0184 D) (Incorporated in the Republic of Singapore) 6 11 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventeenth Annual General Meeting of G. K. Goh Holdings Limited ("the Company")
      2,714 words
    • 76 16 FORM 69 (3) NOTICE OF INTENDED DIVIDEND Nome of Company GRAFfITI ARTIST STUDIO PTE LTD (In Liquidation) (Company No *****5025G) Address of registered office 336 Smith Street #06-308 New Bridge Centre Singapore *****6 Last day of receiving proofs 2nd May 2006 Name of liquidator GOH NGIAP SUAN Address of liquidator
      76 words

  • ASIA-PACIFIC/WORLD
    • 506 17 Raids come after Kookmin Bank agreed to buy Lone Star's stake in KEB Reuters. Bloomberg [SEOUL] South 1 Korean prosecutors raided local offices of US-based buyout firm Lone Star as part of an investigation into $uspected tax irregularities, j Kang Chan-Woo, a spokesman
      Reuters.; Bloomberg  -  506 words
    • 400 17  -  From CLARENCE MICHAEL in Dubai A NEW index covering syariah-compliant bonds starts operating on Sunday. The Dow Jones Citigroup Sukuk Index, from Dow Jones Indexes and Citigroup Corporate and Investment Banking, was announced last week at the ninth International Islamic Finance Forum
      400 words
  • Page 17 Advertisements
    • 618 17 NIOTICFS t -L X A Toll free: 1800-289-8822 Email: notices^'sph.com.sg KEPPEL LAND LIMITED (Co. Reg. No. *****0001G) (Incorporated in the Republic of Singapore) LOST CERTIFICATES Application has been made to the Directors of the abovenamed Company to issue duplicate certificate in place of the following certificates which have been reported
      618 words
    • 428 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TRICONEX SINGAPORE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Company Registration no. *****3230K At an Extraordinary General Meeting of the abovementioned Company held at 15 Changi Business Park Central 1 Singapore *****7 on 27 March 2006 at
      428 words
    • 1175 17 DMA DMX TECHNOLOGIES (Regn. No.: UF3II6BH) NOTICE IS HEREBY GIVEN that the Annual General Meeting of DMX Technologies Group Limited (the "Company") will be held at Amara'Hotel Singapore, Level 3, Connection 1.165 Tanjong Pagar Road, Singapore *****9 on Tuesday, 25 April 2006 at 3.00 p.m. for the following purposes: AS
      1,175 words
    • 1342 17 HOE LEONG LTD. (Company Registration No. *****8433W) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting ot the Company will be held at 6 Clementi Loop, Singapore I *****4 on Tuesday, 18 April 2006 at 11.00 a.m. to transact
      1,342 words

  • Page 18/19 Advertisements
    • 124 18/19 CONGRATULATIONS TO ASIAN LIFT FOR2O YEARS OF HEAVY LIFTING! Asian Lift Pte Ltd /INSET} aMj^ce'Caterina*& a Consultancv' New West Coast Marine 23 Gul Road Singapore *****6 yiT&MIV fl Consultan °V Pte Ltd Tel: (65) 6668 4222 m vv| s~. i*» Fa x < 6 5,6 668 4 333 —I Unidive
      124 words

  • ASIA-PAC/WORLD
    • 455 20 They urge Election Commission to disqualify the premier from polls Reuters. AP Bloomberg [BANGKOK] Leaders of a campaign to oust Thai Prime Minister Thaksin Shinawatra cut short their protest at Bangkok's biggest shopping mall yesterday amid signs of a public wearying of weeks of street
      Reuters.; AP; Bloomberg  -  455 words
    • 404 20 LATEST US DATA AP [WASHINGTON] The United States economy hit a soft patch in the final quarter of 2005, growing at an annual rate of just 1.7 per cent, an ominous statistic but for fresher readings that suggest America's business health has
      AP  -  404 words
    • 335 20  -  Investors see early move to raise interest rates By ANTHONY ROWLEY in Tokyo JAPAN'S Nikkei 225 average jumped above 17,000 yesterday for the first time in five-and-a-half years as investors moved to anticipate what is now believed likely to
      335 words
    • WORLD WATCH
      • 73 20 Reuters [LONDON] The Nasdaq Stock Market Inc has dropped its planned £2.4 billion (Ss6.B billion) bid for the London Stock Exchange after the LSE rejected it. But the US exchange left the door open to a tie-up in the future, saying it might make an
        Reuters  -  73 words
      • 62 20 AP V# [SAN FRANCISCO] Google plans to sell another 5.3 million shares of its prized stock, hoping to raise more than US$2 billion to finance its ambitious plan to expand beyond its Internet-leading search engine. The move comes just two days before
        AP  -  62 words
      • 92 20 Reuters [NEW YORK] It will take 70 years for there to be as many women as men on the boards of directors of the 500 largest US companies at the pace women are getting such positions, a study by Catalyst, a research group,
        Reuters  -  92 words
      • 53 20 AFP [SAN FRANCISCO] Faced with litigation charging that its market-dominating iPod music player deafens users, US-based Apple Computer released volume-capping software on Wednesday. The software update enables people to set "personal maximum volume limits" on iPod nanos and the latest generation iPod portable
        AFP  -  53 words
  • Page 20 Advertisements
    • 1230 20 t —> Haw Par Corporation Limited I (Company Registration Number: *****0437 M) I (Incorporated in the Republic of Singapore) I NOTICE OF ANNUAL GENERAL MEETING I NOTICE IS HEREBY GIVEN that the Thirty-Seventh Annual General Meeting of the Company will be I held at 80 Raffles Place, 61 st Storey,
      1,230 words
    • 112 20 This announcement appears as a matter of record only March 2006 SUNSHINE HOLDINGS LIMITED (Incorporated in the Cayman Islands on 30 September 2004) (Company Registration No. CT-*****5) Invitation in respect of 249,600,000 Invitation Shares of 550.0625 each, comprising 208,000,000 New Shares and 41,600,000 Vendor Shares as follows:(a) 12,480,000 Offer Shares
      112 words

  • AVIATION
    • 395 21 Airlines plan to book each other's customers on their flights: report Bloomberg [WELLINGTON] Qantas Airways Ltd and Air New Zealand Ltd are close to an agreement to merge their flights between Australia and New Zealand to reduce losses, the Dominion Post reported. The
      Bloomberg; BLOOMBERG  -  395 words
    • 289 21 Reuters [SHANGHAI] China will raise fuel surcharges for domestic flights by half from April 10, the country's top economic planner said yesterday, moving to help struggling airlines after Beijing raised fuel prices this week. The surcharge for each passenger flying less
      Reuters  -  289 words
    • 475 21 Reuters [SAN FRANCISCO] Qantas Airways is very likely to exercise its option to buy another 50 Boeing 787 Dreamliner jets on top of an existing order of 65 planes, the company's chief financial officer said Wednesday. The airline, the world's eighth-biggest passenger
      Reuters  -  475 words
    • 341 21 AP [MINNEAPOLIS] Northwest Airlines Corp said it hopes to have its new regional jet subsidiary flying as early as June, according to a filing that lays out its plans for the new airline for the first time. The subsidiary will be called Compass Airlines
      AP  -  341 words
    • 485 21  -  It may lose out to Boeing if nothing's done: top lessors By VEN SREENIVASAN [SINGAPORE] European planemaker Airbus must decide before June whether to refine the specification of its A 350 medium twinjet further or commit to a new, thoroughly upgraded design,
      485 words
    • 147 21 Bloomberg [LONDON] BAA pic, the world's largest airport operator, said that the UK's Civil Aviation Authority should scrap the economic regulation of advertising, long-term parking and for-eign-exchange services at its London airports. The CAA should "consider removing these activities from the regulatory domain that
      Bloomberg  -  147 words
    • 2210 21 CITY RJCMT ETA FUCNT CTD DcnpasarBaN SQ141 1145 ***** 0935 yv.cc ..w SQ143 1535 VF541 1630 LH9771 1750 LH9770 2345 GAM0 1640 ***** 1640 SQ2?0 175Q SQ22? 234? AO g» GA«41 1755 ssg E *gg g —a as AJ3W2 1530 Loio32 2345 =3 K* 4 16
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  • SHIPPING
    • 416 22  -  Global tanker fleet growing faster than oil shipments: research chief By DONALD URQUHART [SINGAPORE] Oil tanker rates could fall by as much as 25 per cent this year as the global tanker fleet grows faster than oil shipments, the head of
      BLOOMBERG  -  416 words
    • 215 22 [SINGAPORE] Singapore intends to accede to the international Bunker Convention by next month. The International Convention on Civil Liability for Bunker Oil Pollution Damage (Bunker Convention) is aimed at ensuring that adequate and prompt compensation is available to persons who suffer loss caused by bunker
      215 words
    • 463 22 Tighter Congress control mooted for approving panel AP [WASHINGTON] The US Congress is looking at new legislative proposals responding to the political firestorm sparked by a Dubai-owned company's bid to take over operations at some major US ports. Measures coming before committees in the
      AP  -  463 words
    • 95 22 Bloomberg [LONDON] Clarkson pic, the world's largest shipbroker, posted a 5.6 per cent increase in second-half profit as the company expanded into logistics and gas markets, offsetting a fall in shipping rates. Net income in the six months ended Dec 31 rose
      Bloomberg  -  95 words
    • 326 22  -  By DAVID HUGHES in London THE intoxicated master of a vessel which ran aground off Kent and docked later in Hull, has been sentenced to four months' jail for the grounding of his ship and seven months for the drink offence. Romanian national Adrian Fericel, 45, was
      326 words
    • 284 22 SGX '000 My 30 SS Vol CH Offshore A40 -0.01 509 Chuan Hup 0.36 urvch 2374 Cosco Corporation 1.21 -0.01 2831 CWT Distribution 1.05 unch 42 Ezra Hldgs 2.60 unch 66 Freight Links 0.06 unch 1674 Grand Banks Yacht .0.88 -0.02 15 Java Holdings. 1.30 0.02 442 K1
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    • 917 22  - Who is liable for improper stowage of cargo ADMIRALTY CASEBOOK By SELVA KUMAR JUST because the captain of a chartered vessel had supervised the loading and stowage of cargo, that did not mean that responsibility for the stowage, which was contractually the charterers', had shifted to the vessel owners, an
      917 words
  • Page 22 Advertisements
    • 419 22 tSL ONVIROHUB HOLDINGS LTD (Incorporated in the Republic of Singapore) Company Reg. No. *****2709E NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting (the "EGM") of the Company will be held at 17 Gul Way, Singapore *****4 on 18 April 2006 at 10.00 a.m. for the purpose of considering and,
      419 words

  • Page 23 Advertisements
    • 267 23 bT) PT- BflWPflß flBflPI Heartiest congratulations from Eng Lee Shipping Co Pte Ltd to PT Bandar Abadi on the official opening of its GRAVING DOCK at Batam on April 1, 2006. Dry dock size 95m X 29m New building of tugboats barges Marine shafting, bearing, rudder assembly, propeller repair balancing
      267 words

  • EDITORIAL & OPINION
    • 477 24 EDITORIAL SINGAPORE can take heart but better, also plenty of heed from the findings of two newly-released studies on the global business scene. KPMG's latest study of business costs in nine industrialised countries found Singapore to be the cheapest location, by a stretch, for a range of
      477 words
    • 1438 24  -  Attempts to broker a peace accord between Israel and Palestine need a good dose of reality LEON HADAR Washington Correspondent THE recent parliamentary election in Israel, which puts centrist party Kadima in the driver's seat, has received less than customary coverage in
      REUTERS  -  1,438 words
    • 782 24  -  THE BOTTOM LINE DAVID MASON SINGAPOREANS know the value of a secure supply of water. Without water, a nation cannot exist. It is part of national defence. The UK is blessed with abundant natural water because of the prevailing Atlantic weather
      782 words
    • 1757 25  -  Foreign insurance companies making a beeline for China's undeveloped market and expensive healthcare system By LE-MIN LIM Bloomberg LU YAHU decided to buy health insurance from American International Group Inc (AIG) four years ago after his mother, a retired factory worker, caught a cold and spent
      Bloomberg; AFP  -  1,757 words
    • 852 25  -  LETTER TO THE EDITOR Narayana Narayana Singapore SEVERAL issues were raised in your Hock Lock Siew article "Temasek, place out Sing Tel shares to citizens" (BT, March 23) which could be usefully and critically addressed. To start with, the question of whether an issue
      FILE PHOTO  -  852 words

  • Page 25 Advertisements
    • 889 25 KIAN HO BEARINGS LTD (Company Registration No. *****2030N) (Incorporated In The Republic of Singapore with limited liability) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Kian Ho Bearings Ltd ("the Company") will be held at 5 Changi South Street 3, Singapore *****7 on
      889 words

  • 10882 26 SGX MAINBOARD Transaction date: Mar 30 Jf* I«" vol Day Last Quote GfOtv Dtv GrYtd Not MCap H«gti Low Cod* Company Sate COOP) High Low fciyr SolUr Cvr P<t Smll 5 1 5716 IstSoftwareSc 1.5 -0.5 190 1.5 1.5 1.5 2 g.i 18.5 6 3148 8Telecom US2c „8
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  • 6132 27 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In SS In US$ dy yr dy yr %dy Syr Mar 29 Index Change Change Change Change Change Change World Index Preliminary 1021.1 0.4 5.3 0.3 3.0 -0.1 5.6 EAFE Preliminary 1040.6 0.5 6.9 0.0 5.0 -0.4 7.6 Europe Preliminary
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  • Page 28 Advertisements
    • 703 28 1 Jf IF f§f~ jiii r^i^l V NYK GROUP SOUTH ASIA PTE LTD V|-~ Iyylc v 558 VC TEL. 6295 0123 VV Sp?n s*gg? T<JS,SSoiS2!tJt IN,E Fax:6292 2856(Regionalsales)/6239 7109(OPS)/6299 5785(Documentation) U» (C/R NO: **********0E) Destination Destination HANJIN HOUSTON VCB/VCWAAX/MZL Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE
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    • 395 28 p] DONGNAMA LINE ——shcssßS vesse (every sun) voy ("sop hkg KOTA HASH. HAS4I9 02/04 06/04 KOTAHADUH HU23I 00/04 I J/04 KOTA WIRAWAN 'WRN9OO 16/04 20/04 VTSSatfYHTf SUN) VOY HKG IKY TDK KOOI MOIGIORY ***** 02/04 06/04 10/04 11/04 13/04 MOIUOHTY ***** 09/04 13/04 17/04 11/04 20/04 MOIFORTUM ***** 16/04 20/04
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    • 767 28 IINTtKAHA KOftO SI*V)CI VBSa/VOT IMWd) HBCHIPI) KG KCH LP I SW I JKT STtAITS VENTURE 06/ M 15 J.J 04/04 09/04 20/04 23/04 25/04 STUmvWTUK 07/06 5 3.2 27/04 30/04 04/05 07/05 STUITS ytXTUK 01/04 15 3-2 11/05 15/05 H/05 21/05 23/05 [AUSTRALIAN KOKQ SIKVICI I vßsa/vor imwukdi hbghwl u»
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  • Page 29 Advertisements
    • 1514 29 WAN HAI INTERNATIONAL PTI LTD a NO; 1M*****000/R TT.A lklP#< TH:*****588 (14UNK) FAX:*****163 N WAN HAI I INH C«»0-e, Wvitt/Boofciwg, Dwct Li* (1800) *****200 V A WWI lini UllkJ HQ TR: (03) 3346tttt MX: 101) *****2U KM TB: (04) *****00 MX: **********9 r JOH Kt »7) 2SIW2J HUt (*****1921 M1B:
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    • 2036 29 VBSa *0Y SIN JKT MIP PUS VESSEL VOY SIN JICT SUB HKG USN PUS HAMJIK SEOUL 03Q0W 7/4 f/4 IS/4 lf/4 KMTC SINGAPORE 404S ~2/T S/4 4/4 "n/T 15/4 li/T HAKJIW KWANGYANt 0272E 1V4 14/4 72/4 24/4 KMTC KEELUNG 604S »/4 11/4 13/4 Ij/T 22/4 23/4 rasa VOY SIN USA
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  • Page 30 Advertisements
    • 862 30 HNordana (Asia) Pte Ltd STZ' 70jJwiton Way, #21-03 Morino Howst Siwyyfo *****8 NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL DATES Mondtow 1E603 31 Mar Mfaro m fiUStt I I JIM 19MOV 22 Mov 30 toy 02 Jun blond Express 1E605 10 Jun X
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    • 676 30 fa S?fe— SW~ »==E==S==H= =g==|B==fB= WIUM _J__ljM|_ I H/M I IBM I >«MU I nil _J_ljyy_|n7M' Bk SSIi W -mm ffiL [Sr^X[ aw IT_ -av IS ffpH Imm ia i t:;p i w l=±=l 1 1 rasa voy sm rotr nunc q»ttaco«6 y tmjuk (PAT) Marti PACMAKASSAA »ssx ~1" 06/04
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    • 411 30 BSA x o MYANMA HH FIVE STAR LINE (Myanmar National Line) Loading (or Yangon VESSEL VOY SIN PKL PIN PGU CHIN SHWI HAW 90W SID PAGAN 349W SID IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KU/PKL 03-*****3 M PEN: 04-*****1S ACCEPTINB CONVENTIONAL C6O VRSE VOY HKG SIN PU MAMNEBNUM 33 SU> SU>
      411 words

  • THE BUSINESS TIMES SHIPPING TIMES
    • 6603 31 This ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dert'n Name Name Number Number t« ARiniAKi fADh i/v\i To HAIPHONG (HPH) 2147 Vietnam To ABIDJAN (ABJ) 2003 Cote D Ivoire 13/04 19W4 B'tangMas
      6,603 words

  • executive lifestyle
    • 565 32  -  off the cuff jaime ee THERE is every reason for a Singaporean to be concerned about the current political crisis in Bangkok after all, it throws up all kinds of sobering questions. Like, could it lead to prolonged instability in the region? Will there
      565 words
    • 807 32  -  PARVATHI NAYAR PARVATHI NAYAR NUDE torsos dancing in brilliant red skirts, the grim spectre of Death conversing with a mortal, music made from vegetable instruments: these are some of the experiences promised by the Singapore Arts Festival (SAF) that returns in June this year. The festival lasts over
      807 words
    • 794 32 WITH a tagline that reads, "One Season Many Faces", the Singapore Arts Festival (SAF) 2006 promises a multi-faceted array of works from talented creators. BT picks 10 such intriguing and sometimes iconic faces of creativity that you can experience at SAF 2006. Alfrad Hitchcock Alfred Hitchcock's Vertigo
      794 words
  • Page 32 Advertisements

  • CINEMA
    • 559 33  -  FILM Many of the plot devices in Ice Age 2 wind up feeling slightly tedious, says PARVATHI NAYAR PARVATHI NAYAR ■■B EW of us would have failed to grin at the teaser trailer to Ice Age 2 that featured the squirrel-rat named Scrat on
      559 words
    • 585 33  -  By GEOFFREY EU *«THE movie version of Jonathan Larson's Broadway musical Rent docu- jnents a year or as the catchy open»Jng number puts it, 525,600 minutes *4 in the life of a group of down-but-»Jiot-quite-out residents of a tenement *i)uilding in Lower Manhattan's Alphabet
      585 words
    • 270 33  -  DVD By JAIME EE SO you watched last night's premiere episode of Lost Season 2 and now know what lies in that secret hatch inscribed with the "cursed" numbers that helped Hurley win over a hundred million dollars in a lottery. Of course, if you've been
      270 words
  • Page 33 Advertisements
    • 551 33 P I IW' WI Jjfill Built for I MMn high yields. mam ,nvest n editing Asian I llfiriHHl rea estate shares and REITs Enjoy potential regular income the value Fund 3 thereafter) JjjjESSillMß Benefit from potential capital growth in Inlwinn AC l e /e downside with a Distributed by Managed
      551 words

  • WINE
    • 1112 34  -  N K YONG tells the fairy-tale story of the legendary Spanish wine and reveals the secret of its success N K YONG THE story of Vega Sicilia in Ribera del Duero is like a romantic fairy tale. It is arguably the only Spanish wine
      1,112 words
  • Page 34 Advertisements
    • 372 34 Diners Club Card r. w 4,«j64i***** A World of Exclusive Privileges Treats Diners Club www.Jiners.com.so International ACCESSIBLE. STYLISI I. YET AFFORDABLE Wf 9 U; •f jijf'i I 1. M..#a i V t e F--jo/ a i-.annt! la ki:\ Scmi-rUtc: i -jnch out no// live MARINA p :-1a ■>! 'it'on f?
      372 words
    • 109 34 Valiir Hc;ils .»i %V/ "»0 nrll |M'I Iirikk Uiili I frcr rtionr <»t <oltrr/ir;i/solnlriiiLs Menu Nnsi Gorenq Hainanese Chicken Rico Katsu Don i v Knmponq Fried Rice Sliced Fish Thick Beehoon Soup Singapore Laksa Fried Thai Style Kway Teaw (Pahd Thai) Grilled Chicken with Prata Bread Cordon Bleu Supreme Hainanese
      109 words

  • BOOKS
    • 464 35  -  WORDS FROM THE TOP Kazuto Ogawa, president CEO of Canon Singapore, talks to PARVATHI NAYAR about classics and the importance of the reading habit PARVATHI NAYAR Q. What sort of books do you like to read, which relate to a career in
      464 words
    • 796 35  -  They are familiar titles but in 4 glamorous new packagings. PARVATHI NAYAR looks at the Reds from Penguin PARVATHI NAYAR JT"" HE book looks hip. Emblazoned with I blood-red mouth dripping ruby-col- oured liquid, it 6eems ripe for the picking Jis an ideal read for a beach twist
      796 words
    • 831 35 Kunal Basu, author of Racists, talks to PARVATHI NAYAR and offers a contemporary writer's view on the classics "THE classics inculcated in me an internal architecture of how a great novel should be structured," says Kolkotta-born, US-educat-ed, Kunal Basu. Basu, 49, is the author of three
      831 words
  • Page 35 Miscellaneous
    • 170 35 CRYPTIC CROSSWORD 12 Colour of regular pain pills (4) SOund caused by ro 14 Restore stencilling through ed- r~ll ■■I ends (3-1-3) iting the initials (4) l_pH__Jß|_Jll_J If use stapler incorrectly, may Does rt frisky lob- these (7) drawn (4) YESTERDAY'S SOLUTION 29 Beginning to develop the Cutie, 18 Exonerate,
      170 words

  • 951 36  -  Making Time LARRY WEE kicks off the first of three features on this year's most exciting pieces from the Basle and Geneva Watch Fairs LARRY WEE BY the time BT readers see this, your writer will be in the thick of things in Basle and
    951 words
  • Page 36 Advertisements
    • 67 36 EST? 1954 SINCERE fine watches This series is brought to you by Sincere Fine Watches > PATEK PHILIPPE GENEVE Begin your own tradition. Complicated by Patek Philippe EST 1954 SINCERE fine watches SINGAPORE NGEE ANN CITY TEL (65) 6733 0618 LUCKY PLAZA TEL (65) 6737 4593 SUNTIC CTTY MALL TIL
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