The Business Times, 29 June 2006
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2006-06-29
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The Business Times
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Title Section15 2006-06-29 1 THE BUSINESS TIMES Thursday, June 29,2006 SINGAPORE 85 cents online at http://business-times.asial.com.sg MICA (P) 099/03/200615 words
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Article, Illustration513 2006-06-29 1 CHUANG PECK MING - S'pore companies pumped in US$1.1b last year to acquire or set up business By CHUANG PECK MING [SINGAPORE] Singapore investors are putting more money than ever into the United States. The latest figures show that the Republic's direct investments in the USSource: US Dept of Commerce - 513 words
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Article, Illustration801 2006-06-29 1 KALPANA RASHIWALA - Master developer in the money to tune of over $500m, moves to release sites in southern precinct By KALPANA RASHIWALA [SINGAPORE] The master developer of the upscale waterfront housing district emerging on Sentosa Cove has sold over $1 billion worth of sites for development801 words
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Article139 2006-06-29 1 STI 2,350.83 (-6.78) ST INDEX FUTURES 2,351.00 (-7.00) SIMSCI 280.15 (-1.10) SIMSCI FUTURES 280.40 (-1.00) MARKETS Wednesday Change KLSECOMP 906.90 -0.86 NIKKEI 225 14.886.11 -285.70 HANG SENG 15.742.66 -32.04 SET INDEX 666.80 +7.11 JAKARTA COMP 1,272.05 -13.57 MANILA COMP 2,066.06 -15.03 SEOUL COMP 1,238.71 -8.83 SHENZHEN B 288.99139 words
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Advertisement49 2006-06-29 1 COMMENTARY takeover answers needed PAGE 4 BT ONLINE II HI |I BT print subscribers get free access II I I to the Business Times Online. To II I I activate your account log on to j j| http://business-times.asial.com.sg. 8 *****1 *****4 For more information, e-mail btocs@sph.com.sg or call 6388-3838.49 words
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Advertisement6 2006-06-29 1 O STOCK FOCUS jacked up fortunes6 words
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Advertisement23 2006-06-29 1 Smart card giant to leverage on S'pore presence PAGE3I SINGAPORE INTERNATIONAL Doing business in Thailand page 12 ■|l MlBmiliiVi W x ?////7nß^^^K'' >^I|^^9^Rl^l23 words
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TOP STORIES
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Article, Illustration692 2006-06-29 2 MICHELLE QUAH - Many not investing in emerging markets because of fraud threat: survey By MICHELLE QUAH [SINGAPORE] Companies are expressing real anxiety about the threat of fraud, bribery and corruption in their operations in emerging markets but, alarmingly, few are doingSource: & Young - 692 words
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544 2006-06-29 2 MICHELLE QUAH - Top economist 2 strategists have left in past weeks By MICHELLE QUAH [SINGAPORE] Barclays Capital, the investment banking division of Barclays Bank pic, has recently lost three key research staff. BT has learnt that its top Asian economist and two of its Asian544 words
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Article602 2006-06-29 2 Sing Tel discloses pay of top earners SINGTEL has set a new corporate transparency benchmark, disclosing exactly hpw much its top five executives get. The move goes beyond the recommendation by the Code of Corporate Governance revealing the remuneration of the top five executives who are not board602 words
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574 2006-06-29 3 SIOW LI SEN - It goes beyond recommendation of governance code to supply more detail By SIOW LI SEN (SINGAPORE] Singapore Telecommunications has for the first time disclosed details of its five best-paid executives. "We decided to do so in the interest of transparency," said a Sing Tel574 words
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509 2006-06-29 3 Reuters Bloomberg [NEW YORK] Rupert Murdoch's News Corp yesterday said it held early talks to join a US$7.3 billion bid led by Macquarie Bank for the phone and media assets of Hong Kong's PCCW Ltd. But contrary to a published report fromReuters; Bloomberg - 509 words
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Advertisement305 2006-06-29 2 Doing Good, Doing Well: A Winning Formula ta te Gain Practical Ideas and Insights How Your Business Can Build Winning Partnerships With Non-Profit Organisations and Stakeholders fk w Enhance Business Reputation Through CSR y.#OV' Communications, Positive Differentiation Brand-Building s Corporate Social Opportunities Forging Partnerships, New Markets Business Opportunities 4 s305 words
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Advertisement29 2006-06-29 2 ..vyflv.'y 'v. I t Joining forces? Announce the good news. Call 1800 289 8822 or email notices@sph.com.sg to book your corporate notice in our newspapers now. MATS NOTICES l29 words
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Advertisement14 2006-06-29 2 people Clients wanted. (Only excellent companies need apply) w\« 'A' .com Asia-Pacific Executive Search14 words
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Advertisement127 2006-06-29 3 EXTRAS WITH SUBSCRIPTION IF you don't already get your own copy of The Business Times, now is the perfect time to subscribe for a year and have the paper delivered to your home or office or even both. At $265 (plus $12 annual delivery charge for HDB addresses, $24 for127 words
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COMPANY NEWS
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Article685 2006-06-29 4 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY MEDIARING'S takeover bid for Nasdaq-listed Pacific Internet (PacNet) has grabbed a fair bit of headline space in the popular press over the past few months. From the time Mediaßing, a VoIP service provider, first offered to pay cash of US$B.25685 words
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459 2006-06-29 4 VEN SREENIVASAN - Sale price about 7% more than market's expected price By VEN SREENIVASAN SINGAPORE Airlines (SIA) has finally sold its building at 77 Robinson Road for a higher-than-expected $343.88 million to TSO Investment, a fully owned subsidiary of a property fund managed by459 words
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309 2006-06-29 4 R SIVANITHY - By R SIVANITHY THE Singapore Exchange (SGX) yesterday announced it is to allow hedge funds to list from today. Although there will be no trading of these funds, the listing will allow them to raise their visibility among sophisticated investors as well309 words
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Article, Illustration473 2006-06-29 6 UMA SHANKARI - It will move after growing asset size from the current 4 malls worth $583m By UMA SHANKARI CAPITALAND'S malls in Japan will be the next to be put into a real estate investment trust (Reit) after the property giant announced earlier this month473 words
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365 2006-06-29 6 CONRAD TAN - By CONRAD TAN ACE Achieve Infocom, which develops customised products and solutions for telcos in China, yesterday reported a sharp fall in net profit for the six months to April, but expressed "cautious optimism" on the current year's profitability. The company's net365 words
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226 2006-06-29 6 MATTHEW PHAN - By MATTHEW PHAN SINGAPORE Technologies Electronics said yesterday its joint venture STELOP has won an $11.8 million contract to equip police coast guard vessels with electro-optics payloads. The payload is a stabilised and multi-sensor surveillance and observation system with a day camera,226 words
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330 2006-06-29 6 KRITI SINGH - By KRITI SINGH FITCH Ratings has maintained its "stable" outlook rating for Oversea-Chinese Banking Corporation (OCBC). Following a review of the Singapore banking group, the global rating agency said OCBC's credit profile is quite strong and continues to improve. It attributed this to330 words
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573 2006-06-29 7 WONG WEI KONG - But observers say more can be done to lower fees, which are high compared to Europe By WONG WEI KONG MOVES to boost the market for equity derivatives and structured products in Singapore have been welcomed by industry players, but they say more can be573 words
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180 2006-06-29 7 STRATECH Systems, which is in dispute with Hong Kong's Atal Technologies over a subcontract in an immigration border-crossing project, yesterday said that it has filed a suit against Atal for HK$34 million (Ss7 million) in unpaid invoices and damages. The dispute was mentioned180 words
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269 2006-06-29 7 CHEN HUIFEN - By CHEN HUIFEN AIRWAY devices maker LMA International NV yesterday said it has received the CE (Conformite Europeene) mark approval for its new urology device LMA Stoneßreaker, paving the way for the sale of the product in 28 countries in Europe.269 words
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COMPANY BRIEFS
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40 2006-06-29 7 SMRT Corporation yesterday announced the appointment of Lim Cheng Cheng, 35, as chier financial officer of the company effective from July 1. The CFO was head of financial planning and analysis at Singapore Power.40 words
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41 2006-06-29 7 HOTEL Negara Limited yesterday announced that it has appointed ING Bank as its independent financial adviser for the mandatory unconditional cash offer by UOL Group Limited for the remaining shares it does not already own.41 words
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65 2006-06-29 7 WATCH retailer The Hour Glass Limited has entered into a $15.6 million sales and purchase agreement for a 5 per cent stake in Gems TV, the holding company of a group which is an integrated manufacturer and television home-shopping retailer of coloured65 words
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61 2006-06-29 7 MAPLETREE Logistics Trust Management, manager of Mapletree Logistics Trust, has signed a letter of offer to purchase a warehouse building in Subang, Malaysia, for $8.7 million. In another deal, the company said that, through its trustee HSBC Institutional Trust Services (Singapore), it has signed a61 words
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Advertisement2338 2006-06-29 4 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg BUV IT -SEIL IT -FIND IT ASSETS LIABILITIES AND SHAREHOLDERS' EQUITY In thousands of euros, at 31 December 2005 2004 In thousands of euros, at 31 December 2005 2004 Interbank transactions and similar items 5,317,632 4,543,960 Interbank and similar transactions 392,505 251,047 Cash, Central2,338 words
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Advertisement301 2006-06-29 5 '"0m j f v ••rfffilM v llfMßl J Af#^l— B J LjjlfljcJj 1% I J&r Whatever your view on the finer things in life, l have it all with the HSBC Platinum card. True privilege is about having choices. With your HSBC Platinum card, you can expect nothing |^HH ,ess301 words
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Advertisement21 2006-06-29 6 2 your choice Wine Cooler Bag complete with accessories Call 6388 3838 now to subscribe The Business Times Newsweek ®jfe -es=21 words
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Advertisement68 2006-06-29 6 l-~ f I FOR SALE BY 1 -zZA TENDER d 6/A/B 8/A/B .Freehold: 5583 sq ft Lorong 19 •Residential: 2.8 Geylang 'Presently 3 storey, up to 7 storey I'W ii liPigfa^jlf^ikiii INVESTMENT: Dillon Loi LLB(Hons) *****204 prnpHß—n y FOR SALE BY K TENDER 999-year Tenure xfc .Land Area: 17,690 sq68 words
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Advertisement93 2006-06-29 7 TE/wetaxT Our qualified professionals can assist you with offshore structures, shelf companies a^K^/ and incorporations in ALL 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 planning. For further93 words
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Advertisement170 2006-06-29 7 fip Sony Ericsson IH*J! >-■■«** i 'w b_ I 1 I* 1 I JPm yk I W 1 I 11 v Bp 1 I J I -I f... i B JSS§EmBB 4* I BF I J '."i f f-3■ v MMJBBBKWBB. 1 v Jy: I M,-v>> Wjpf js mi I170 words
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STOCK FOCUS
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Article, Illustration1542 2006-06-29 8 TEH HOOI LING - If its earnings growth is at 20-30% a year in the next few years, the company may yet prove an interesting bet, says TEH HOOI LING TEH HOOI LING IRONICALLY, it was a failed tender that opened the doors for Labroy Marine to enter thePHOTO: ARTHUR LEE - 1,542 words
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Advertisement133 2006-06-29 8 S f XllllnlM jjjp Jp MmjmM M mM. hB b b1 J H j 1 f aw|Bj BB B^jP^«[^^BKe^B^?rl!>^B^B|Mpjy'"?^^P^^B :^M^; mm BB[ By y J mMm m u V II II IS m Mm« 1K» B 0 m Hg|KjFV -B~- B. *.jB M l^y^pfl^MSHy^^Eß^Hß^^K'mß^\V^MM MMMM mW 1«B fflff A I.133 words
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SINGAPORE MARKETS
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Article, Illustration545 2006-06-29 10 R SIVANITHY - STOCKS Two key factors the Fed chief and the magnitudes by which stock markets have risen R SIVANITHY Senior Correspondent IT'S a situation very reminiscent of 1994/95 when a bull stock market had the brakers slammed on by a hawkish, inflation-intolerant US Federal Reserve, ledSource: Bloomberg - 545 words
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Article, Illustration1035 2006-06-29 10 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Jun 28 and earlier) Subsantial No of Price SHAREHOLDING Trans Shareholder/ BuyI Shares Per Before After Stock Date Director Sell '000 Shr C000) (000) Aspial 28-Jun-06 Koh Wee Seng *Buy 17 0.47 8609 8.22 8626 8.23 Enviro-Hub 27-Jun-06 Raymond Ng Buy1,035 words
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Article, Illustration943 2006-06-29 10 UMA SHANKARI - Compiled by UMA SHANKARI Creative Technology June 28 dose: 558.20 CITIGROUP RESEARCH. June 27 Still a "sell". The stock has fallen 38 per cent year-to-date, but Creative's fundamental problems are not over as yet, in our view. The MP3 business continues to lose money, and other products areSource: Bloomberg - 943 words
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Article, Illustration500 2006-06-29 10 CURRENCIES Reuters [TOKYO! The dollar hovered near a two-month high against the yen yesterday as market players waited to see whether the Federal Reserve would signal it will raise interest rates again after an expected increase this week. The Fed starts aReuters; REUTERS - 500 words
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SINGAPORE NEWS
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538 2006-06-29 11 WEE LI-EN - Council aims to increase lawyers' accountability By WEE LI-EN THE Law Society council has indicated that it is unlikely to set limits on the sums of clients' money that Singapore's small law firms can hold even though it is still intent on538 words
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526 2006-06-29 11 DANIEL BUENAS - Average monthly household income increases by 1.1 General Household Survey 2005 also finds increasing income inequality By DANIEL BUENAS THE average monthly household income for Singapore residents is now known to have gone up by 1.1 per cent a year more than inflation from 2000 to 2005, although there is526 words
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270 2006-06-29 11 JENNANI DURAI - By JENNANI DURAI KRAFT Foods Asia Pacific Services received the International Headquarters (IHQ) award from the Economic Development Board (EDB) yesterday. Arjun Gupta, president of Kraft Foods in Asia-Pa-cific, said that Singapore was a "natural choice" for Kraft to set up their regional headquarters.270 words
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170 2006-06-29 11 THE government has appointed Ashok Kumar Mirpuri as Singapore's next ambassador to Indonesia, effective from next Monday. It means a second return to Jakarta for Mr Mirpuri, as he was First Secretary (Political) at the Singapore embassy there from 1987 to 1991, going back170 words
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Advertisement54 2006-06-29 11 Hi-Tech Space KA Centre and KA Place ""l Prime 7-storey light industrial buildings 1 Floor area 1.304 to 16,267 sq ft %bL Suitable for 'office-like' businesses jl Located off MacPherson Road Feeder Bus to Aljunied MRT Air-con, false ceiling and lights Air-con food court and cafe Tien Chee 8100 012954 words
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Advertisement88 2006-06-29 11 nmmm ■Hi 8m r :f'^ I c;i33Pßi rißTOlii iiii. i'iliUy/ jn -f" J 7 H-- ■y'^W HHpifl JM -■^sdiißisMlf i/ V 'lit^fj&uTajfcb^^ k ££*< Il J#/ 1 1 v f^M r T S B Since 1856, we have focused on bringing new perspectives to our clients. Understanding the past, but88 words
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SINGAPORE INTERNATIONAL
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Article, Illustration901 2006-06-29 12 CHUANG PECK MING - S'pore firms invest in a wide range of businesses but are carving a strong niche in transport and logistics, reports CHUANG PECK MING CHUANG PECK MING SINGAPORE companies continue to be bullish about Thailand despite emerging political woes, pumping U*****.5 million into 69 projects there901 words
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482 2006-06-29 12 SEMBAWANG Kimtrans, which is listed on the Singapore Exchange, offers a fine example of how a Singapore company can tie up with a Thai eompany to exploit a business opportunity in a third country. This came in a $43.26 million deal that the482 words
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Article, Illustration395 2006-06-29 12 IN setting up shop in Thailand in 1976, APL was an early bird in recognising Thailand's market potential. Three decades after, the country is now a key strategic market and accounts for a "significant" slice of APL's global business. "Thirty years ago, we saw ThailandFILE PHOTO - 395 words
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178 2006-06-29 12 International Enterprise Singapore It is crucial to gain a deeper understanding of Thai culture. The Thais are generally very hospitable, creative and warm in nature. Singaporean executives will find it a rewarding experience when forging long-term business partnerships with their Thai counterparts.International Enterprise Singapore - 178 words
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710 2006-06-29 13 RONNIE LIM - Domestic electricity consumption rose 4% despite higher oil prices By RONNIE LIM OIL imports were up 11 per cent last year although the figure does not mean that Singaporeans actually used more fuel themselves. The oil consumption figures come from the latest BP710 words
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303 2006-06-29 13 AN incomplete list of voters who failed to cast their ballots in the May 6 General Election was released for public inspection by the Elections Department yesterday. The list is incomplete because the marked copies of the Registers of Electors for two303 words
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Article, Illustration226 2006-06-29 13 MORE than half of Singapore's online population who are keen followers of the FIFA World Cup are expected to bet on at least one game in this year's World Cup, revealed an online opinion poll conducted by marketing research company TNS. TheAFP - 226 words
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Advertisement77 2006-06-29 12 13 ENTERPRISE The Business tmes SINGAPORE Singapore Singapore Hrtamatlonal biwMMy nwrt.it frowd wrlw brought to you by l€ Singapore and Tha Bustoan Tkna*. HE Singapore ii an i rim a iti 1 lj«i ruM T< I n rl Ii ■Intm n #> •9*ncy uocwr mt wtnwry or »riw •na inoinry77 words
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Advertisement9 2006-06-29 13 H m., IL Bm |||H jV 1 tKtk IMHtt99 words
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ECONOMY WATCH
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524 2006-06-29 14 But analysts say outlook is shaky as investors may be looking to sell holdings Reuters [HONG KONG] Foreign investors have started cautiously nibbling at beatendown Indian stocks and could start returning to other Asian markets after having been net sellers over the previous fiveReuters - 524 words
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Article, Illustration507 2006-06-29 14 Bloomberg [TOKYO] Japan's retail sales unexpectedly rose as prices at petrol stations climbed and soccer fans bought flat-panel televisions in anticipation of the World Cup. Retail sales, which reflect sales at brick-and-mortar businesses including department stores and supermarkets, rose 0.1 per cent inBloomberg; BLOOMBERG - 507 words
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135 2006-06-29 14 [SINGAPORE] Officials from Asean and the International Monetary Fund (IMF) have met in Cambodia to talk about economic imbalances within South-east Asia and work on plans to help the Association of South-east Asian Nations' less-developed economies to catch up. The conference on accelerating development in135 words
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Article5792 2006-06-29 14 UNIT TRUSTS FUNDS ACMGI Amer Income B USD 8J<V ACMGI Amer Income A EUR 6.59/ ACMGI Amer Income B EUR 65* M t (r P or ACMGI Europ Income Opp AT SGO 14.87/ Sttr Ejope Eqty' 0896 ACMGI Et*cp Income Opp BT SGO 14.87/ Star Euope Bond I.IO ACMGI Eirop5,792 words
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Advertisement35 2006-06-29 14 Jjfc AllianzGI RCM Global Twin-Focus Fund a fund that offers you twin benefits Allictnz (ill) of potential quarterly payouts and limits possible downside. Visit OCBC Bank for G|oba| nvestor^ more details company regn no *****7169Z35 words
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MALAYSIA
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Article713 2006-06-29 15 PAULINE NG - Foreign firms eyeing listing don't need to set aside 30% of shares: SC By PAULINE NG in Kuala Lumpur A FOREIGN-owned corporation seeking a primary or secondary listing on the Malaysian stock exchange would not be required to allocate 30 per cent of its shares713 words
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151 2006-06-29 15 Bloomberg [KUALA LUMPUR] UDA Holdings Bhd, a Malaysian developer, will be taken private under a capital repayment plan that will result in state investment agency Khazanah Nasional Bhd owning all of the company. The plan involves a share capital reduction and repaymentBloomberg - 151 words
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394 2006-06-29 15 AFP [KUALA LUMPUR] Former Malaysian prime minister Mahathir Mohamad said yesterday he will not leave the ruling party and vowed to continue to speak out against his chosen successor's government. Dr Mahathir is embroiled in a bitter row with Prime Minister Abdullah AhmadAFP - 394 words
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Article2319 2006-06-29 15 VOL General Corp .0.56 unch 62 Jun 28 RM C000) Genting .23.90 0.50 591 George Kent .0.49 -&01 28 ASM Realty 1.35 unch 0 GHL Systems .0.22 unch 2476 Abric 035 0.01 15 GlobetronicsTech 0.32 0.01 213 ACP Industries .0.91 unch 120 GlomacBhd 1.15 -0.03 63 Advance Synergy2,319 words
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BRIEFLY ASIA
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77 2006-06-29 15 AFP [KUALA LUMPUR] Former Malaysian deputy premier Anwar Ibrahim yesterday said he was being approached to throw his hat in the ring for the post of UN secretary-general, but he had yet to decide on running. Mr Anwar said foreign ministers andAFP - 77 words
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58 2006-06-29 15 Reuters [KUALA LUMPUR] Malaysian energy services firm Scomi Group plans to raise up to US$l75 million, probably through bonds, to restructure its borrowing, chief financial officer Dinesh Chelvathurai said yesterday. The bond, likely to be repayable over five to seven years, will generate costReuters - 58 words
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67 2006-06-29 15 Reuters [SHANGHAI] China's Minsheng Banking Corp, part-owned by Singapore's Temasek Holdings, yesterday said it aims to sign up one million users to its year-old credit card service by the end of 2006. The Beijing-based bank, which started to issue credit cards last June, hadReuters - 67 words
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91 2006-06-29 15 Reuters [ZURICH] Swiss bank ÜBS expects its new Chinese securities operation to open for business by the end of the year, the bank's chairman Marcel Ospel was quoted as saying yesterday. "It is not up to us but everyone the regulators and ourReuters - 91 words
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100 2006-06-29 15 Reuters [STOCKHOLM] Ford Motor Co's Volvo Car Corp yesterday said it would begin selling cars in India during the fourth quarter of this year. The company said it would introduce its S80 and XC90 models, and planned to begin selling more models inReuters - 100 words
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95 2006-06-29 15 AFP [SHENZHEN] The prime ministers of Australia and China hailed the opening of a multi-billion-dollar gas project here yesterday as a symbol of the future of fast-expanding trade ties between the two nations. Australia's John Howard and China's Wen Jiabao oversaw the opening of aAFP - 95 words
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Advertisement61 2006-06-29 15 L f* w s# V -/4 f Be seen...and make a scene v Make an entrance. Strike a pose. Strut your JB| stuff. Sneak a peak. Oscar's back! Discover jH| the stunning new face of a Lion City legend, W jOFI revitalised and reborn. Savour al fresco -'18/. <■ adventures61 words
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GREATER CHINA
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Article544 2006-06-29 16 It is expected to raise up to 20b yuan by issuing 6.49b A-shares Reuters Bloomberg (SHANGHAI] The retail portion of the public share offering of Bank of China (BOC), in which Singapore investment agency Temasek Holdings has a stake, in Shanghai was more than 50Reuters; Bloomberg - 544 words
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248 2006-06-29 16 Reuters [BEIJING] China's National Audit Office found 48 central government departments had misappropriated 5.51 billion yuan (Ssl.l billion) from the central budget in 2005, but the number of people punished was down sharply from 2004, according to an overnight report by the state newsReuters - 248 words
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Article338 2006-06-29 16 Reuters [BEIJING] China will encourage foreign companies to use mergers and acquisitions (MBtA) to carry out investment in the country, a Commerce Ministry official said in comments published yesterday. The assertion by Hu Jingyan, head of the ministry's Services Trade Department, feeds into a growing debateReuters - 338 words
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337 2006-06-29 16 Reuters [SHANGHAI] China's preparations for financial futures are gathering steam, with a fund to protect investors soon to be rolled out and leadership appointments in the works, sources and state media said yesterday. Shanghai is to host a new Financial Derivatives Exchange, whichReuters - 337 words
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Advertisement2533 2006-06-29 16 SMT SURFACE MOUNT TECHNOLOGY (HOLDINGS) LIMITED (Incorporated m Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting ol Surface Mount Technology (Holdings) Limited (the "Comoaryl w# be held at Casuanna Smte A, Raffles Hotel Smgaoore. 1 Beach Road. Singapore *****3 on2,533 words
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Advertisement61 2006-06-29 16 s DUOREST' Optimum Comfort. Dynamic Sitting. DUOREST* Ergonomic Chair is equipped with the patented DUOBACK technology originated from Germany. DUOREST* chair economically designed to support both sides of the back, thus reducing pressure on the lumbar vertebra by up to 30kg. Comfort through^encr Marina Square Shopping Mall Opens Daily 11.3061 words
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INDIA
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Article, Illustration574 2006-06-29 17 Deals sealed in June alone hit US$1.5b and more are in the pipeline: analysts The Economic Times [MUMBAI] India Inc is on an M&A binge like never before. The 10 cross-bor-der, big-ticket deals closed in June alone with a combined value of US$l.5 billionThe Economic Times; AFP - 574 words
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297 2006-06-29 17 Economic Times [NEW DELHI] IT solutions company Tech Mahindra on Tuesday said it would stick to its schedule for its initial public offering, despite the turbulent stock market and decreasing demand for IPOs. "After we get the approval from Sebi (Securities andEconomic Times - 297 words
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324 2006-06-29 17 AP [WASHINGTON] A US plan to share civilian nuclear technology with India has cleared a crucial first hurdle, with a congressional panel endorsing an accord that supporters say would redefine US-Indian relations. The 37-5 vote on Tuesday in the House of Representatives' International RelationsAP - 324 words
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234 2006-06-29 17 AP [BEIJING] Officials from India and China concluded three days of talks to resolve a decades-old border dispute, but announced no breakthrough. India's National Security Adviser MK Narayanan and China's Vice-Foreign Minister Dai Bingguo wrapped up the eighth round of talks on TuesdayAP - 234 words
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Advertisement20 2006-06-29 17 Releasing your financial results? Call 1800 289 8822 or email notiees@sph.com.sg to book your financial results in our newspapers now.20 words
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Advertisement165 2006-06-29 17 0 s H When Your Clients And Colleagues Are True Blue A gift: from Tiffany Co. is used, valued and remembered. For years. Timeless Tiffany design and flawless craftsmanship beautifully reflect the standards of the giver. To apply for a Tiffany Business Account and receive a catalogue, please call *****848.165 words
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ASIA-PACIFIC/WORLD
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Article, Illustration695 2006-06-29 18 ANTHONY ROWLEY - Asian Community horse or camel? ASIA INSIGHT There are too many ideas on how to achieve integration ANTHONY ROWLEY Tokyo Correspondent A CAMEL, it is sometimes said, is a horse designed by a committee and by this analogy it would not be surprising if the Asian Economic Community, if and695 words
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483 2006-06-29 18 Russian tycoon may help Severstal raise its offer: report Bloomberg [LONDON] Mittal Steel Co won the backing of Arcelor SA's biggest shareholder for a U5533.7 billion takeover, as Russia's OAO Severstal considers whether to prepare a counter bid. Romain Zaleski, who owns 7.8Bloomberg - 483 words
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WORLD WATCH
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112 2006-06-29 18 Reuters [BANGKOK] TMB Bank, Thailand's fifth-largest bank by assets, said yesterday it had cut its 2006 loan growth target due to the economic fallout from the country's political crisis. The bank, 16.07 per cent owned by Singapore's DBS, nowReuters - 112 words
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122 2006-06-29 18 Reuters [LONDON] Asia-focused bank Standard Chartered may take an extra US$lOO million hit from bad debts in Taiwan this year, but all other parts of its business are performing well, it said yesterday. Standard Chartered said so far in 2006, bothReuters - 122 words
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92 2006-06-29 18 Nortel to cut 1 ,900 jobs worldwide to save US$275m AFP [WASHINGTON] Nortel, the Canadian telecommunications equipment maker, said Tuesday that it was cutting I,9oojobs worldwide and creating 800 jobs in new technology centres in Mexico and Turkey. The jobs restructuring should result in savings of US$lOO million in 2007AFP - 92 words
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275 2006-06-29 18 Reuters [FRANKFURT] Deutsche Boerse is "seriously" mulling a takeover bid for Milan stock exchange operator Borsa Italiana, which is also being courted by Euronext, sources said. "Such a step is being considered very seriously right now," said one of the sources yesterday. DeutscheReuters - 275 words
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Advertisement1631 2006-06-29 18 f LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****2094H Registered Office: 190 MacPherson Road #07-08, Wisma Gulab, Singapore *****8 NOTICE OF TWENTY-EIGHTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Twenty-Eighth Annual General Meeting of the Company will be held at 190 MacPherson Road #09-00, VK's1,631 words
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Advertisement5010 2006-06-29 19 :»at^ NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg I BUY IT SELL IT FIND IT J i I THE HOURGLASS THE HOUR GLASS LIMITED (Incorporated in the Republic of Singapore) (Co. Reg. No. *****1972 D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 27th Annual General Meeting of5,010 words
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WORLD
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431 2006-06-29 20 New rules and standards spark complaints from financial sector Reuters [LONDON] Regulatory overkill is the greatest risk facing the world's banks and financial services companies for the second year in a row, along with government meddling in free markets, according to aReuters - 431 words
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160 2006-06-29 20 Reuters [LONDON] Stock exchange operator Euronext is considering creating a special trust to own the licences of its European exchanges in order to shield them from US regulators, the Financial Times reported yesterday. Euronext earlier this month agreed to a US$lO billionReuters - 160 words
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Article, Illustration602 2006-06-29 20 Bloomberg [NEW YORK] Univision Communications Inc the largest US Spanish-lan-guage broadcaster accepted a US$l2.3 billion offer from a group including billionaire Haim Saban, falling short of what the company had sought. Investors will get U5536.25 a share in cash, Los Angeles-based Univision said onBloomberg; BLOOMBERG - 602 words
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568 2006-06-29 20 Its US$31 -a-share offer for Warner is far superior, it says Bloomberg [LONDON] EMI Group offered US$4.6 billion for Warner Music Group and rejected a counter-bid from the US company, intensifying a six-year struggle to create the world's second largest record company. Shares of London-basedBloomberg - 568 words
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276 2006-06-29 20 Bloomberg [WASHINGTON] Henry Paulson President George W Bush's nominee for Treasury Secretary said he is troubled by reports that dozens of US companies may have manipulated the timing of stock options to enrich their managers. "Executive compensation is a sensitive issue," Mr PaulsonBloomberg - 276 words
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Page 20 Advertisements
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Advertisement300 2006-06-29 20 Diners Club Card To apply, ca*****6 0980 A World of Exclusive Privileges Treats ((k Diners Club HB J- v" International' 1 1 I Fantastic value You can enjoy salads, soups, ice cream, local desserts like ice kacang and tau suan plus fresh fruit for only $3*! With every order of300 words
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Advertisement28 2006-06-29 20 Joining forces? Announce the good news. Call 1800 289 8822 or email notiees@sph.com.sg to book your corporate notice in our newspapers now. [SATS j NOTICES a O 5L28 words
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AVIATION
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Article, Illustration719 2006-06-29 21 Money from govt is for giving up the bulk of its domestic routes Bloomberg [KUALA LUMPUR] Malaysian Airline System Bhd, the nation's biggest carrier, will receive as much as RMBSO million (Ss36B million) in compensation from the government for giving up bulkBloomberg; BLOOMBERG - 719 words
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377 2006-06-29 21 Bloomberg [TAIPEI] Taipei China Airlines, Taiwan's largest air carrier, said it plans to apply for permission to fly cargo to China, after the island's government eased restrictions on transport links to the mainland. Taiwan will let airlines operate charter cargo services toBloomberg - 377 words
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LOG BOOK
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53 2006-06-29 21 AP [TOKYO] A Japanese court yesterday ruled against anti-airport activists who have sought to block the expansion of Tokyo's international airport at Narita, Kyodo News agency said. The Chiba District Court ordered a small group of opponents to sell their property to airportAP - 53 words
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93 2006-06-29 21 AP [BANGKOK] Cracks have been found in 13 concrete supports for an elevated rail track linking Bangkok to the city's soon-to-open new international airport, and at least two of the structures must be dismantled. Transport Minister Pongsak Raktapongpaisal said that once theAP - 93 words
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78 2006-06-29 21 Reuters [BEIJING] China's airlines are opening up their cockpits to foreigners in a bid to solve a serious pilot shortage, state media reported. China's booming commercial aviation industry is taking off faster than the country can train pilots, threatening future growth and hard-won advancesReuters - 78 words
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Article50 2006-06-29 21 AFP [TAIPEI] Rising fuel prices have forced Taiwan's leading carrier China Airlines (CAL) to suspend for the moment plans to purchase new long-haul aircraft, officials said. With a staff 0f9,560, CAL operates a fleet of 66 aircraft with an average age of 4.9 years. —AFPAFP - 50 words
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270 2006-06-29 21 AP [KUALA LUMPUR] Air travel in the Asia-Pacific region slowed for the third straight month in May as airlines grappled with high fuel prices, an industry group said yesterday. The Kuala Lumpurbased Association of Asia Pacific Airlines said its 17 member airlines flewAP - 270 words
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181 2006-06-29 21 AFP [LONDON] A consortium led by the Spanish group Ferrovial said that it controlled 83.37 per cent of British airports operator BAA, whose board has accepted its takeover bid. At 1200 GMT on Monday in London, the ADI consortium "either ownedAFP - 181 words
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Article2259 2006-06-29 21 A 5Q141 1145 5Q142 0935 SQ455 11?? SQ4H 1?09 ISaio 1640 GA841 1755 AMaMa LH9771 1750 AF8088 2215 2235 5Q148 900 SQ230 1750 BA7382 2215 g. L BA73s{ is» LW55O 2345 <*®tt 1345 Off 3 745 1 jgg Si EK433 i rw,,T ntirwiw 2255 EK404 14052,259 words
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Page 21 Miscellaneous
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Miscellaneous190 2006-06-29 21 CRYPTIC CROSSWORD time (6) M air spin (3,9) Across: 1 Forthcoming, 8 Free 15 Lifts a chopper up and down spender, 11 Awls, 12 Suer, 13 Laer--1 Crazy outfit with "gangster (5) tes 15 celeste, 16 Maths, 17 Nest, song (8) 16 Obese? A little disastrous (5) 18 Shah, 19190 words
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SHIPPING
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488 2006-06-29 22 DONALD URQUHART - It includes life-long tax exemptions for vessels acquired by approved ship investment vehicles By DONALD URQUHART [SINGAPORE] Hoping to capture a slice of the annual global US$3OO billion ship financing pie, Singapore has released details of the earlier announced scheme of tax breaks,488 words
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Article, Illustration418 2006-06-29 22 AP Reuters [COPENHAGEN, Denmark] AP Moeller-Maersk A/S, the world's biggest container shipping company, cut its outlook for 2006 profits on Tuesday in part due to falling freight rates, sending its shares sharply lower. Moeller-Maersk said it expected net profit this year to fall 20AP; Reuters; FILE PHOTO - 418 words
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449 2006-06-29 22 It says there is no foolproof way to secure US seaports against terrorism AP [LOS ANGELES] There is no foolproof way to secure America's seaports against terrorism, so the government should focus more time and money on plans to revive the economyAP - 449 words
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PORT SHOTS
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Article64 2006-06-29 22 Bloomberg [LONDON] Frontline Ltd, the world's largest tanker company by capacity, said it ordered four very large crude carriers, or VLCCs, for an undisclosed amount from Jiangnan Shipyard Group Co of China. Frontline bought two of the ships, to be completed in 2010, and arranged optionsBloomberg - 64 words
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Article77 2006-06-29 22 [LONDON] The 2001 -built, Cayman Islands-flag chemical tanker Stolt Perseverance crashed into a riverside grain elevator and sank a tug in a recent incident. The US Coast Guard reported that no injuries were sustained in the accident which took place some 35 miles south of New77 words
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Article100 2006-06-29 22 [LONDON] Bangladesh Shipping Corporation's 14,500 dwt crude oil tanker Banglar Shourabh. which caught fire on Saturday with the loss of at least three lives, had been disclassed by Lloyd's Register on June 5 with several class related items overdue, according to the Equasis online database. The 1987-built,100 words
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60 2006-06-29 22 Bloomberg [HOUSTON] Top Tankers Inc, an Athens-based oil transporter, received informal inquiries from the US Securities and Exchange Commission about ship acquisitions since 2004. The inquiries also relate to events before a March 13, 2006, announcement about a sale and lease-back deal, and theBloomberg - 60 words
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Article288 2006-06-29 22 SGX '000 Jun 28 S$ Vol CH Offshore 0.34 unch 88 ChuanHup .0.33 unch ***** Cosco Corporation 1.21 -0.01 ***** CWT Distribution 0.S9 -0.03 132 Ezra Hldgs .2.01 -0.03 389 Freight Links 0.06 -0.01 3 Grand Banks Yacht .0.92 0.02 16 Jaya Holdings 1.31 -0.01 13 K1 Venture288 words
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Page 22 Advertisements
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Advertisement94 2006-06-29 22 MHH .j? lU*_iii_. B «»»«x* •«p*«« v uho 1 ii' 1 1 1 J I hex) «<WX>»« I Publication Oat* CBUwtMJtftjMUm I W ■H' H Enhance your corporate image with SPH news reports or features on your company. v J Widely regarded as the definitive source for incisive business analyses94 words
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LOGISTICS
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Article, Illustration448 2006-06-29 23 MELISSA LOH - S'pore, Aussie ops strong; it's looking to expand into Indian subcontinent By MELISSA LOH [SINGAPORE] International logistics firm Birkart Globistics air ocean has announced that it has seen healthy profit margins for the financial year 2005. The Thiel Logistik subsidiary achieved a 17.6 per448 words
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654 2006-06-29 23 NYT [ATLANTA] Package shipping firms have long resisted the destructive, Internet-inspired price wars that pushed passenger airlines to slash prices below the break-even point. But Redßoller.com, a website launched in midJune that bills itself as a sort of Travelocity for small-package shippers, intendsNYT - 654 words
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Page 23 Advertisements
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Advertisement107 2006-06-29 23 £JT£l SV/>/>iyC/M//V lV»fn"lMff rjkMI WORI DWIDF FROM TRANSPORT AND SUPPLY CHAIN MANAGEMENT TO REVERSE LOGISTICS. y v i ;.r v Discover a new to with Exel has made us number in logistics an partner for the technology sector. our us supply chains focused on product availability and optimisation of product107 words
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EDITORIAL & OPINION
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533 2006-06-29 24 EDITORIAL THE issue whether or not Bank of Japan (BOJ) governor Toshihiko Fukui will be forced to resign over his ill-ad-vised personal investment strategy has become a key focus of global foreign exchange market attention, because of the impact any such moves533 words
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Article, Illustration1130 2006-06-29 24 TERENCE CHONG - A strong charter and an effective secretariat needed to cope with challenging times ahead By TERENCE CHONG A SINGULAR South-east Asian identity has always been elusive. The heterogeneous histories and political trajectories of the region's nation states, which are spaced out by peninsulasAP - 1,130 words
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Article, Illustration777 2006-06-29 24 YOGI AGGARWAL - THE BOTTOM LINE YOGI AGGARWAL LAKSHMI Niwas Mittal's tenacious and successful bid to merge with European steel giant Arcelor must surely be among the most hotly contested and closely watched mergers in recent times. It marks an important step in the777 words
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Article, Illustration916 2006-06-29 25 PAUL SAMUELSON - Ben Bernanke is not softly tolerant to excessive price-level inflation PAUL SAMUELSON WHEN Louis XIV died, all uttered the customary prayer: "The king is dead. Long live the new king!" So it was when Alan Greenspan, long-time chairman of America's Federal Reserve, was succeeded byAFP - 916 words
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Article, Illustration845 2006-06-29 25 MATTHEW LYNN - MATTHEW LYNN Bloomberg IT is hard to imagine a set of circumstances more likely to strike fear and confusion into European planemaker Airbus SAS. Noel Forgeard, the co-chief executive officer of its parent, European Aeronautic, Defence Space Co (EADS), has been embroiled in a share-dealingBloomberg; AFP - 845 words
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251 2006-06-29 25 Chua Soon Hock - LETTER TO THE EDITOR Chua Soon Hock Managing director Asia Genesis Asset Management Pte Ltd I REFER to your article "S'pore luxury home prices up 7.7% in Q2" (BT, June 22). I urge the' government to view the recent spike in luxury home prices251 words
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Page 25 Advertisements
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Advertisement103 2006-06-29 25 HAVEYOUR SAY Fax your letters to 6319-8277 or email them to btletter6sph. com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel103 words
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Advertisement19 2006-06-29 25 nn^n Lianhe Zaobao I expanding 7 I I its overseas I I market I 1 ««"1b p Sti am19 words
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Article10341 2006-06-29 26 SGX MAINBOARD Transaction date: Jun 28 52-Wk T«l Last Vol Day LastQuote GrOtv Dtv GrVtd Net MCap Hlflh Low Code Company Sola (*000) Wgh Low fciyar Saiaf Cvr M Smil 4 1 5716 1st Software Sc 2.5 unch 20 2.5 2.5 2 3 10.1 16 6 3148 8TelecomUS2c10,341 words
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Article6208 2006-06-29 27 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In SS In US$ dy yr dy yr dy %yr Jun 27 Index Change Change Change Change Change Change The World Index Preliminary 962.4 -0.4 -0.7 -0.5 -2.5 -02 1.6 EAFE PreTiminary 962.9 -0.4 -1J -04 -0.5 -0.1 3.7 Europe6,208 words
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Page 28 Advertisements
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Advertisement1918 2006-06-29 28 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination GO PRIDE RDM/ATW/BMN/TLB/NAN SEAFRIEND CAM/NFK/SAV/NOL YOU YA VCW/lAX/MZL Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.EJS.E.A. SERVICE Destination BEL ANNA DBI/ABU/DOH/BRN/DMM/KWT Destination ASEAN EXPRESS DBI/ABU/DOH/BRN/DMM/KWT STX PO TBN INC/BSN Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER1,918 words
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Advertisement805 2006-06-29 28 vOOv WALLENIUS WILHELMSEN LOGISTICS website: http://www.2wglobal.com Vtssa VOY RAMP HBGHT SM LBC DUO SAV Mi ORF TAMESIS AF62O 320Tmi 6.4 M 07/07 30/07 00/01 12/00 16/08 14/00 TAMPA AM2I 420Tm> 6.4 M IS/07 09/00 10/00 22/00 2«/00 24/00 TARAGO AF623 tmm 6.4 M 07/00 30/00 00/09 12/09 16/09 14/09 Ntw805 words
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Page 29 Advertisements
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Advertisement1512 2006-06-29 29 WAN HAI INTERNATIONAL Pit LTD at NO: **********0/R VTrA TEL*****5M (14UNES) FAX:*****163 V\MN WAN UAI I IN Customer Service/Bookings Direct Line (1800) *****200 11 V ffMil lIMI LlllLJ HI 1H:(03) 134M5MMJL(03)*****2UM1H:(04)2U5400FAX:(04(22*619? V KM 1H: (07) 251W23 MX: (07)25in21 SWIH: (031) J29S47SFU: (0)1) *****14/ *****05 »www..l..ir..i. KTIH: (021) 52$4l»WJt (021) *****1,512 words
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Advertisement1264 2006-06-29 29 VESSEL VOY rmn SIN KARACHI DXB BAB NHS PMM BIK KHOB WESTERNSTAR PCL 8146 01/07 30/06 OS/07 11/07 IRAN BAABAEI PCL 5143 04/07 14/07 23/07 26/07 27/07 03/08 05/08 07/08 IRAN K Oft DC STAN PCI 8145 08/07 09/07 18/07 21/07 122/07 28/07 30/07 01/08 VESSEL VOY SIN NHAVA SHEVA1,264 words
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Advertisement877 2006-06-29 29 m WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL VOY SIN PJUANGICOIOMIO N. SHEVA COIOMIO ItOTAPBIAMA YPMO39 27 JUN 28 JUN M QLUII QUlll KAJIVGAWDMI OIOSW 25JUL 26JUL 30JUL 28 JUN 02 JUL FOR MJUHVU ALSO ACCOTNG TUTKORM (13/7/06) I MUNDRA 17/7/0* ALSO ACQPIMG877 words
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THE BUSINESS TIMES SHIPPING TIMES
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5720 2006-06-29 30 This ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Desfn Name Nam Number Nintnf SIN Dcsfn Name Name Number Ninliar 13/07 09/08 China Shpg MERIAN 027A *****898 To ABIDJAN (ABJ) 2003 Cote D'lvoire To FREMANTLE (FRE) 2130 Australia 06/075,720 words
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BizIT
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Article, Illustration1042 2006-06-29 31 AMIT ROY CHOUDHURY - Gemalto wants to diversify into areas like network security and multimedia, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY THE world's biggest smart card maker Gemalto is looking at expanding aggressively in Asia and Singapore is expected to play a very important1,042 words
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157 2006-06-29 31 Reuters [LONDON] Google Inc was expected to unveil yesterday an online payment system called GBuy, which analysts say' will allow merchants to accept payment for services and could become a broad-based alternative to eßay's Pay Pal, the dominant system. Analyst Danny Sullivan, editorReuters - 157 words
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Article, Illustration474 2006-06-29 31 WINSTON CHAI - By WINSTON CHAI THE EZ-Link commuter card is going places fast. Besides being used for bus and train rides, consumers will soon be able to pay for music downloads, transact with the government and buy movie tickets through the Net with it.474 words
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345 2006-06-29 31 Bloomberg [SEATTLE] Microsoft Corp said one of the most anticipated features of its next Windows operating system, planned for a separate release next year, has been cancelled. Microsoft planned to ship the WinFS file system shortly after Windows Vista, which is slated toBloomberg - 345 words
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337 2006-06-29 33 Move is necessary to make market more competitive, says regulator Bloomberg [SINGAPORE] Malaysia may consider cutting or abolishing its 28 per cent tax on property trusts, imposed on investors based outside the country, to become more regionally competitive, a Securities Commission officialBloomberg - 337 words
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Advertisement534 2006-06-29 31 Consumers will now be able to top-up their EZ-Link cards at home. The Enterprise 50 award programme, established by Accenture and The Business Times in 1995, m&F'' recognises the contributions that local, privately held companies have made in economic t development at home and abroad. Enterprise 50 1 is jointly534 words
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Advertisement125 2006-06-29 32 Sentosa Cove SINGAPORE \VA IBi OU nee<^to kuild *9Kt your own tropical paradise Sfflij <'S#! ->-' < "'vM'gjßsiro^ Presenting Collection By Special Invitation Only For Enquiries An Exclusive Auction of The South Cove Collection 12 Prime Bungalow Land Parcels Singapore: +65 *****501 Hong Kong: +852 2822 0743 n Jakarta: +62125 words
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Advertisement285 2006-06-29 33 r v r 1■ l j j&m ■g| g| >ifc Bjl f jj| gi j in ah& 4^l H I I]l I I .A I i I Mil 9 1111 «gfl AWJ w I w"" j 1I A jft rmIIII 1 J 1 I V Email: symposium@i-p-g-property.com SPI JHrc eRIIIP*285 words
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Advertisement216 2006-06-29 34 ii 11 it /Jmk M /jM| II J f ijtS^f™ ibk" Si 18 ■flxM I f» jpg| i B 1 y Mf J vß■ B «i jr ji m w V!ki JV w Ira m W JP fij W B laffl M. m i ilfl M L B B J2216 words
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PROPERTY
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353 2006-06-29 35 It plans to invest in Japan, China and Malaysia in next six months Bloomberg [SINGAPORE] Macquarie Bank Ltd's Singapore real estate affiliate plans to buy properties in Japan, China and Malaysia to broaden its asset base and bolster returns. Macquarie MEAG Prime Reit,Bloomberg - 353 words
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283 2006-06-29 35 ARTHUR SIM - By ARTHUR SIM THE third hotel site for 2006 has been put on the reserve list of the Government Land Sales Programme, with six more on the way by year-end. The latest site is at Bencoolen Street, in an area known as the283 words
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1679 2006-06-29 35 PROJECT NAME/ PROP CONTRACT TENURE BUM/LAND PRICE PSF STREET NAME TYPE DATE AREA*(SQ FT) (Sl'OQO) (S$) District 2 NON-LANDED Icon Apt 12/06/2006 99 872 60S 694 SpottiswoodeApt Apt 06/06/2006 FH 1141 600 526 District 3 NON-LANDED The Anchorage Apt 29/05/2006 FH1,679 words
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Article, Illustration615 2006-06-29 36 KALPANA RASHIWALA - Dozen parcels will be auctioned by Christie's and Colliers on Aug 25 By KALPANA RASHIWALA THE 12 plots for bungalow development on Sentosa Cove's Southern Residential Precinct, or South Cove, going under the hammer on Aug 25 are expected to surpass615 words
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Page 35 Advertisements
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Advertisement68 2006-06-29 35 l TO AYE/CTE/ECP Orange Tee Call: 6877 2555 -mrnrnmsmmrnimssr For Lease Office: 500 to 4160 sqft Shop: 402 sqft Next to Shaw House/ Isetan Scotts Outside CBD Near Orchard MRT station Hong Fok Group Tel: 6390 2477/ 6292 8181 Made a profit? Release your financial results and share it. Call68 words
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Advertisement70 2006-06-29 35 Located between the exclusive Claymore Rd Ardmore Park enclave An excellent Freehold investment opportunity Spacious layout 2121 sq.ft. 3 rooms with Long bath +1 High Floor. Fantastic view. Windy. Comes with Private lift For home-owners who appreciate privacy, serenity exclusivity Close to Orchard MRT. 5 mins walk to Orchard Rd70 words
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Page 36 Advertisements
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Advertisement490 2006-06-29 36 Jones Lang W LASALLE' GILSTEAD COURT I 1 Site Area: 75,479 sf sq««re Potential GFA: 144,668 sf (approx.) subject to approval Novw from authority Building height up to 5-storey nrt Near Amenities like United Square/ Novena Square I Hou s and Reputable Schools f* Walking Distance to Novena MRT |/A^}|p490 words
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