The Business Times, 27 July 2006
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2006-07-27
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The Business Times
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Title Section15 2006-07-27 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg MICA (P) 099/03/2006 Thursday, July 27,200615 words
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Article, Illustration725 2006-07-27 1 OH BOON PING - It's offering $1.25 per GES share, 19 per cent higher than GES's Tuesday closing price of $1.05 By OH BOON PING [SINGAPORE] Two of the biggest names on the local tech scene are set to join forces in a deal costing725 words
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642 2006-07-27 1 DANIEL BUENAS - By DANIEL BUENAS [SINGAPORE] The civil service has achieved a planned 9 per cent cut in manpower more than a year ahead of schedule, having reduced its headcount by 7,400 people or 9.4 per cent over the past two fiscal642 words
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Article138 2006-07-27 1 STl 2,406.31 (-1.25) ST INDEX FUTURES 2.406.00 (-1.00) SIMSCI 285.28 (-0.11) SIMSCI FUTURES 284.50 (-1.80) MARKETS Wednesday Change KLSE COMP 934.34 +6.29 NIKKEI 225 14.884 07 -121.17 HANG SENG 16,617.24 +33.38 SET INDEX 690.92 +2.57 JAKARTA COMP 1,312.83 +5.06 MANILA COMP 2,289.13 +21.46 SEOUL COMP 1,279.08 -0.69 SHENZHEN138 words
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Page 1 Advertisements
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Advertisement8 2006-07-27 1 COMMENTARY Mora] of the Natwest story PAGE 288 words
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Advertisement40 2006-07-27 1 COMPANIES Fock Siew Wah to step down as SIA Cargo tpr chairman page 4 m- BizlT S'pore scores high in IT spending PAGE 36 fß*3 M SPlan <|MB PROPERTY DraycottBsoldat UptOsl,"Bsoprf*AGE 38 More non-related singles buying property page 40 B40 words
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TOP STORIES
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Article653 2006-07-27 2 ROLAND LIM - One of the biggest deals to hit the market raises questions for corporate watchers and investors HOCK LOCK SIEW By ROLAND LIM IT MUST be the worst kept corporate secret in Singapore. A month after market speculation abounded that GKS International (GKS) could be a takeover653 words
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Article, Illustration832 2006-07-27 2 NANDE KHIN - Results reflect more business-friendly govt agencies By NANDE KHIN [SINGAPORE] Efforts by Singapore government agencies to be more busi-ness-friendly are paying off. Companies now feel they have to cut through less red tape, according to a survey commissioned by the ActionDESMOND WEE/ST - 832 words
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376 2006-07-27 2 DONALD URQUHART - By DONALD URQUHART [SINGAPORE] SembCorp Marine's Brazilian shipyard has secured a US$55O million contract to build a fixed gas production platform the biggest-value contract that Singapore's second-largest shipyard group has won for a project at one location. The engineering, procurement and construction contract has376 words
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114 2006-07-27 2 [SINGAPORE] PSA International is moving to resurrect its long-postponed initial public offer, CNA reported yesterday, citing Dow Jones Newswires. The revived deal could raise at least $2.7 billion which would make it Singapore's biggest IPO since the Sing Tel listing in 1993. PSA shelved its114 words
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Article589 2006-07-27 2 June output up 22.5% after biomed boost INDUSTRIAL output surpassed expectations with a 22.5 per cent jump last month, thanks mainly to another instance of biomedical volatility. The strong data also effectively hoists the second-quarter GDP growth estimate by at least half a point to 8 per cent589 words
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Article, Illustration255 2006-07-27 3 [SINGAPORE] The Clipper 2006 Round the World Yacht Race started its penultimate leg on Tuesday a race from Jersey in the Channel Islands between England and France to Holyhead on the coast of North Wales. From there, it is a shortINGRID ABERY - 255 words
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515 2006-07-27 3 JEAN CHUA - Forecasting model by NTU, Xiamen University puts '07 growth at 7.9% By JEAN CHUA [SINGAPORE] China's economy, after growing more than 10 per cent in the first six months, will begin to slow down for the rest of the year and 2007,515 words
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518 2006-07-27 3 ANNA TEO - Besides biomeds f other clusters also saw fairly healthy growth By ANNA TEO [SINGAPORE] Industrial output surpassed expectations with a 22.5 per cent jump last month, thanks mainly to another instance of biomedical volatility. The strong data also effectively hoists the second-quarter GDP518 words
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Advertisement14 2006-07-27 2 people Clients wanted. (Only excellent companies need apply) www th.epeopleatwork.com Asia Pacific Executive Search14 words
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Page 3 Advertisements
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Advertisement188 2006-07-27 3 Choose a world leader for your FX trading. The Singapore office of IG Markets is part of IG Group, aUK FTSE 250 company. With over I ?Q A 11 ft 30 years' experience and tens of thousands of individual clients, we are uniquely placed to offer you a professional trading188 words
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COMPANY NEWS
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512 2006-07-27 4 VEN SREENIVASAN - It partners Wadia Group to build, run aircraft servicing facilities in India Reports by VEN SREENIVASAN SIA Engineering Co (SIAEC) appears poised for a breakthrough into the fast growing Indian aviation market, following a joint venture deal with the Wadia Group of India to512 words
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Article, Illustration197 2006-07-27 4 FOCK Siew Wah is relinquishing his position as chairman of Singapore Airlines Cargo and stepping down from the airline's board on Aug 1. Replacing him as chairman and director of the Singapore Airlines subsidiary is Huang Cheng Eng, who is SlA'sFILE PHOTOS - 197 words
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322 2006-07-27 4 Reuters SINGAPORE Exchange Ltd (SGX), Asia's third-biggest listed bourse, should report around a 60 per cent rise in fourth-quarter net profit today, on higher stock and derivatives trading volumes. The exchange, which ranks behind Hong Kong Exchanges and ClearingReuters - 322 words
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Article6184 2006-07-27 4 UNIT TRUSTS FUNDS ACMGI Amer Income BT USD 8.47/ ACMGI Amer Income A USO 8.43/ ACMGI Amer Income B USD 8.43/ ABN Amro Asset Mgt (Spore) ACMGI Amer Income A EUR 6.71/ S» Europe Eqty! 0.92/ acm gi Amer Income B EUR 6.71/ Star Europe Bond .1.17 ACMGI Europ Income6,184 words
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Article, Illustration531 2006-07-27 5 KALPANA RASHIWALA - COMPANY RESULTS Sells 400 homes in H1 2006, offering waterfront condos at BFC, Keppel Bay By KALPANA RASHIWALA KEPPEL Land, which yesterday posted a 44 per cent year-on-year increase in Q2 net profit to $44.3 million, said it is not out of the531 words
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Article, Illustration530 2006-07-27 5 WONG WEI KONG - By WONG WEI KONG BOOSTED by the improving performance of its US unit Brookstone as well as its core operations, OSIM International reported yesterday an 11 per cent rise in second quarter earnings. The healthy lifestyle products group said net profitFILE PHOTO - 530 words
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375 2006-07-27 5 ARTHUR SIM - Performance due to sector's improving fundamentals: exec By ARTHUR SIM CAPITACOMMERICAL Trust (CCT) recently given an A3 corporate rating by Moody's Investors Service has announced distributable income of $15.85 million for Q2 2006, 9.6 per cent more than in the same period last year.375 words
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286 2006-07-27 5 Suntec Reit Q3 distributable income up 21.1 SUNTEC Real Estate Investment Trust yesterday reported distributable income of $24.4 million for the third quarter ended June 30, up 21.1 per cent from the year-ago period. Gross revenue rose 32.7 per cent to $43.9 million, due partly to the addition of Park286 words
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218 2006-07-27 5 MEDIARING'S shares surged almost 18 per cent to close at 39.5 cents yesterday on hopes the Singapore voice-over-Internet Protocol (VoIP) company will succeed in securing another 0.8 per cent of Pacific Internet (PacNet) and provide a trigger for a mandatory takeover218 words
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Article, Illustration484 2006-07-27 5 CONRAD TAN - Firm says it will keep diversifying its products By CONRAD TAN INDUSTRIAL steel pipes supplier SSH Corp's net profit rose 29 per cent to $10.4 million for the full year ended May 31, boosted by strong demand from the oil and gas484 words
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499 2006-07-27 5 RONNIE LIM - By RONNIE LIM AFTER a weak Ql, Singapore Petroleum Co saw its second quarter earnings rising by one-third, thanks to a doubling in its refining margins to a record US$B- a barrel. But it warned that refining margins are likely to trend499 words
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262 2006-07-27 5 LESLIE YEE - By LESLIE YEE UNITED International Securities (UIS) saw net profit dip 8 per cent year-on-year in the second quarter ended June 30 to $7.4 million, largely because of a higher tax provision for investment profits. For the first half of262 words
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Advertisement37 2006-07-27 4 jffjt AllianzGI RCM Global Twin-Focus Fund a fund that offers you twin benefits Allianz (ill) of potential quarterly payouts and limits possible downside. Visit OCBC Bank for G|obaj nvestor^~ >^ mm, mm, more details compatiy regn. no *****7169Z37 words
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SINGAPORE MARKETS
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Article, Illustration525 2006-07-27 6 R SIVANITHY - STOCKS The market was probably affected by softness in other parts of the region, like Japan and Australia R SIVANITHY Senior Correspondent WALL Street rallied on Tuesday so logically, you would have expected stocks here to have a reasonably firm session yesterday. It wasn'tSource: Bloomberg - 525 words
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Article, Illustration1020 2006-07-27 6 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Jul 26 and earlier) Subsantial No of Price SHAREHOLDING Trans Shareholder/ Buy Shares Per Before After Stocfc Date Director Sell '000 Shr S ('000) 000) Asia Pac Brew 25-Jul-06 F&N Ltd Buy 1169 na ***** 5.01 ***** 5.46 Advanced SCT 25-Jul-061,020 words
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Article, Illustration911 2006-07-27 6 MATTHEW PHAN - Compiled by MATTHEW PHAN Utac July 26 dose: 69 cents ABN AMRO, July 26 2Q06 results largely in line with expectations: Utac reported 2Q06 net profit of US$l5.5 million, in line with Bloomberg consensus except for a one-time plant and equipment relocation charge. Revenue growth, excluding a one-monthSource: Bloomberg - 911 words
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Article, Illustration565 2006-07-27 6 CURRENCIES Reuters [LONDON] The euro edged up against the dollar yesterday, on some relief buying after a key German business sentiment index came in stronger than some in the market had been positioned for. The dollar lost a little ground after an influential adviser toReuters; BLOOMBERG - 565 words
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COMPANY NEWS
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Article, Illustration754 2006-07-27 7 SIOW LI SEN - Sources say he would then delist S'pore-listed PCRD By SIOW LI SEN RICHARD Li intends to distribute to shareholders of his Pacific Century Regional Developments (PCRD) the gains from the sale of its 23 per cent stake in PCCW after which he would delist theAfP - 754 words
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211 2006-07-27 7 810-TREAT Technology, a biotechnology waste water treatment specialist in China, has won a turnkey municipal contract worth 270 million yuan (5553.7 million) in Shenzhen city, Guangdong province. This follows the landing of two transfer-operate-transfer contracts announced earlier this week. Bio-Treat is to build211 words
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191 2006-07-27 7 CONSTRUCTION company Koon Holdings yesterday said it has secured a $62.5 million contract from the Building and Construction Authority for road works and bridges in the Seletar and Punggol area. The project will take more than two years to complete. Separately, Koon also issued a191 words
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246 2006-07-27 7 THAKRAL Corporation's Australian-listed affiliate Thakral Holdings has reported an increase in the value of its properties of As 94 million (Ssll2 million) or 15.5 Australian cents per stapled security, following an annual independent revaluation. It is an increase Thakral Holdings says will prove positive for246 words
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341 2006-07-27 7 KRITI SINGH - By KRITI SINGH MAINBOARD-LISTED Eucon Holdings Ltd reported a 124 per cent increase in group revenue to $26.3 million for its second quarter in FY2006 when it announced the quarter-end results yesterday. Profits for the Chinese integrated PCB solution provider also341 words
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181 2006-07-27 7 SINGAPORE Technologies Marine, a unit of ST Engineering, has secured a $32 million contract to repair and modify a cutter suction dredger a ship used for land reclamation from Dutch-based Baggermaatschappij Boskalis. A cutter suction dredger softens soil on the sea bed, which is181 words
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COMPANY BRIEFS
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Article54 2006-07-27 7 SINGAPORE Press Holdings (SPH) will remove SembCorp Logistics (SembLog) as a component stock of the Straits Times Index upon the latter's delisting today. A scheduled review of the index is in process and a replacement for the stock will be announced as soon as54 words
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43 2006-07-27 7 LIAN Beng Group has posted a full-year net profit of $1.8 million, up 24.7 per cent from a year ago. The construction group's revenue for the year ended May 31,2006 rose 27.6 per cent to $189.5 million.43 words
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61 2006-07-27 7 CHINA Transcom Technologies Ltd expects revenue and profit for the half year ending June 30, 2006 to be lower than a year ago. The weaker earnings are partly due to a fall in demand for its products as a result of overcapacity in China's61 words
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59 2006-07-27 7 A SEK Hup Seng subsidiary has transferred a Chinese asset to its parent at cost, as part of an internal streamlining of the group structure. The asset is a 15 per cent stake in GETDZ South China Marine and Industrial Special Coating59 words
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41 2006-07-27 7 PSC Corporation has ended a joint venture in China. The company said that wholly owned subsidiary PSC Investment Pte Ltd agreed with its partner to terminate the venture Sanya Fu Dao Tourism Co Ltd.41 words
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Page 7 Advertisements
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Advertisement192 2006-07-27 7 Our qualified professionals can assist you with offshore structures, shelf companies ||lbJ' y and incorporations In ALL jurisdictions including: British Virgin Islands Cayman Islands Bahamas Mauritius PHIHHHHHHI Hongkong —.""Zl^rgijiljga Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection estate192 words
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Advertisement3 2006-07-27 8 AjpHMßp \s '^^^^DBHuBBBBuBKHj^OII^^^HHS^y^^3 words
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SINGAPORE NEWS
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468 2006-07-27 9 MATTHEW PHAN - Fields include water treatment education and healthcare By MATTHEW PHAN THERE are opportunities for Singapore-based companies to enter the US market through mergers and acquisitions, especially in fields like airport management, water treatment, pre-university education', healthcare and labour cooperatives, panelists said at an468 words
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423 2006-07-27 9 JAMIE LEE - By JAMIE LEE WITH the integrated resorts ready by 2009, Singapore retailers expects four out of 10 shoppers to be tourists, said Jannie Tay, president of the Singapore Retailers Association (SRA). Currently, two of out 10 shoppers are tourists,423 words
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S'PORE ROUNDUP
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62 2006-07-27 9 TOURISTS to Singapore notched $800 million spending on their Visa cards in the first quarter, according to the credit card company yesterday. This is 31 per cent higher over the same period last year. The most popular Visa spend categories62 words
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51 2006-07-27 9 CHUA Thai Keong has been named Singapore's next Ambassador to the Republic of Korea, a post he will assume on Sept 18. Mr Chua joined the Foreign Service in 1986, and was the director of the north-east Asia directorate in the MFA from51 words
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52 2006-07-27 9 THE Ministry of Health will host the 14th Meeting of the Asean Taskforce on Aids on July 27 and 28. Coordinators of HIV and Aids programmes from Asean countries will meet to exchange national strategies, policy and technical issues pertaining to52 words
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Article, Illustration300 2006-07-27 9 NOOR AISHA - By NOOR AISHA IT POWERHOUSE eSys Technologies yesterday celebrated the official opening of its new office premises in Singapore a 150,000 sq ft manufacturing facility which will serve as a global headquarters and integrated logistics and PC manufacturing hub. Incorporated in300 words
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297 2006-07-27 9 LESLIE YEE - ANTI-MONEY LAUNDERING MOVES AMLcheck can easily conduct numerous checks Reports by LESLIE YEE TO help small anfl midsized businesses meet antimoney laundering obligations, Deloitte launched an online compliance tool, Deloitte AMLcheck, in Singapore yesterday. AMLcheck, launched earlier in Australia and Hong Kong, is "Asia's first low-cost,297 words
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218 2006-07-27 9 REGULATORS must collaborate and cooperate across borders and with financial institutions to fight money laundering, says a British-based analyst who is in Singapore to speak at a conference on the scourge. The globalisation of business has been accompanied by the globalisation of crime, says218 words
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260 2006-07-27 9 WEE LI-EN - By WEE LI-EN TRAVEL agencies will soon have to display their pricing policies clearly in their stores under a joint accreditation scheme by CaseTrust and the National Association of Travel Agents Singapore (Natas). Accredited agencies must also have a dispute resolution programme that260 words
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Article, Illustration58 2006-07-27 9 MORE than 100 business people descended on the Mercedes-Benz Centre in Alexandra Road last night for an evening of merry making at the BT Wine Night. They were treated to six types of New World wine, including a 2002 Napa Valley Three Palms Merlot. Guests are seenPHOTOS: ARTHUR LEE - 58 words
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239 2006-07-27 9 VIOLINIST Gabriel Ng, 11, and 19-year-old Harvard-bound Shawn Low will both receive the 2006 HSBC Youth Excellence Award from President SR Nathan at the Awards Dinner held today. HSBC will also be presenting donations of $200,000 and $100,000 to the National Arts239 words
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SINGAPORE INTERNATIONAL
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Article, Illustration829 2006-07-27 10 OH BOON PING - Scrapping of 3% import tariff has made S'pore goods more price competitive, says OH BOON PING OH BOON PING THE benefits of the US-Singapore Free Trade Agreement (USSFTA), which has been in force since Jan 1, 2004, are increasingly being felt829 words
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Article, Illustration730 2006-07-27 10 OH BOON PING - Opportunities abound in infrastructure, marine and logistics, and education, reports OH BOON PING OH BOON PING LATIN AMERICA may not strike many as a popular business destination, but opportunities exist for Singapore companies in sectors such as infrastructure, marine and logistics, and education. InAFP - 730 words
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Advertisement371 2006-07-27 10 sssr 1 the business Times SINGAPORE Singapore Singapor* Intamatiooai b a wMldy. martwt-focused series brought 10 you by E Singapore «nd Tb« Business Times. IE Singapore is an agency under the Ministry of Tirade and Musty helping Singapore enterprises export and internationalise. LatinAsia Biz, Asia's premier forum on Latin America,371 words
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STOCK FOCUS
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Article, Illustration1263 2006-07-27 11 R SIVANITHY - It's a solid and generous company with HK$255 million in cash and no debt, with justified hopes of becoming the top pharmaceutical player in China. R SIVANITHY reports R SIVANITHY THESE days, the granting of stock options to staff is common. Most people acknowledge1,263 words
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Page 11 Advertisements
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Advertisement362 2006-07-27 11 k HOW TO MAKI A nisi 1Y ITALIAN LOOK GOOD? im P ort irect om lta| yMake your way down to Ristorante Bok.»?na and ch -••se tr ni a r :nv~e 4 dishes, each one passionately prepared in the autheritic smells ind tastes of Italian ro.-redients by our recently appointed362 words
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Advertisement52 2006-07-27 11 fancy nomadic dining J? M w J > -n r> createyour own arili oc f J Jf* i*' /e/ the experience surprise t/ou I 7 #01-02, btock 30 V dartoequay (opp. fountain courtyard river valey road iicnt JKonyafian fresh griff Bar ph0ne:*****200 emal:enquiry^ihetentcontsg a member of Pa vr t Vi52 words
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Advertisement2309 2006-07-27 12 E££En| Land Keppel Land Limited Co Reg No: *****0001G (Incorporated in the Republic of Singapore) UNAUDITED RESULTS FOR THE HALF YEAR ENDED 30 JUNE 2006 The Singapore residential market continued to improve with positive sentiment filtering into the middle -ru tv i. j.- j r|i market segment. URA's flash estimates2,309 words
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ECONOMY WATCH
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513 2006-07-27 13 Heavyweight buyouts in last few weeks boost volume of deals Reuters [LONDON] A rush of multi-billion-dollar buyouts has catapulted the volume of private equity deals to their highest on record, data published Tuesday shows. Monday's deal by three private equity firms toReuters - 513 words
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Article, Illustration740 2006-07-27 13 The situation point towards a bust as properties remain on the markets longer: analysts NYT [NEW YORK] Selling a new home in the United States is getting harder and harder: Just ask the builders who are being forcedNYT - 740 words
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419 2006-07-27 13 Bloomberg [WASHINGTON] The US current account deficit is unsustainable and the Bush administration should take preemptive action to bring it down, said former treasury secretaries Robert Rubin and Lawrence Summers. "Does it make sense for the world's greatest power to be borrowing amountsBloomberg - 419 words
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551 2006-07-27 13 Govt urges efforts to rein in credit, capital spending Reuters [BEIJING] China must clamp down on new capital spending, Xinhua news agency said on Wednesday in the latest sign of high-level concern that breakneck investment spells danger for the world's fourth-largest economy. WhileReuters - 551 words
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MALAYSIA/INDONESIA
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Article, Illustration356 2006-07-27 14 Move allows firm to broaden global reach, reduce geographical risk AP [KUALA LUMPUR] Malaysian national oil company Petronas has bought US$l.l billion worth of shares in Russia's OAO Rosneft as part of its global expansion and isn't ruling out raising the stake, a topAP; AFP - 356 words
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199 2006-07-27 14 Bloomberg [JAKARTA] Indonesia expects to sign an agreement for closer economic ties with Japan at the end of this year, with South-east Asia's largest economy offering lower taxes" and better investment incentives, a minister said. "We have been discussing," Trade Minister Mari Elka PangestuBloomberg - 199 words
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Article2361 2006-07-27 14 VOL General Corp 0.60 unch 79 Jul 26 WW (HOP) Genting 25,00 0.30 982 George Kent 0.49 0.01 48 ASM Realty 1.47 unch 388 GHL Systems .0.23 0.01 8053 Abric .033 0.01 10 Globetronics Tech 0.32 0.02 3823 ACP Industries .0.90 unch 146 Glomac Bhd 1.18 -0.02 962,361 words
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348 2006-07-27 14 Reuters [JAKARTA] Indonesia's largest bank, PT Bank Mandiri Tbk, said yesterday that its net profit in the first half rose 32.4 per cent helped by a slightly higher net interest margin. The state-controlled bank posted a net profit of 815.44 billion rupiah (*****.8Reuters - 348 words
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BRIEFLY ASIA
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95 2006-07-27 14 AP [NEW DELHI] India's top exploration company Oil and Natural Gas Corp (ONGC) said yesterday its net profit for the April-June quarter rose 24 per cent from a year ago, driven largely by higher crude oil prices. The company also announced aAP - 95 words
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80 2006-07-27 14 Reuters [PARIS] Mittal Steel said yesterday it had secured 92 per cent of the shares in Arcelor as Mittal moves towards completing its 26 billion euro (5551.9 billion) takeover of its European rival. "I am delighted at this result which is a resoundingReuters - 80 words
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94 2006-07-27 14 AP [SHANGHAI] China is set to overtake Japan this year as America's third-largest export market, a US trade official said yesterday. US exports to China grew 36.5 per cent in the first five months of the year over the same period inAP - 94 words
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53 2006-07-27 14 Reuters [HONG KONG] Guangshen Railway Co Ltd, the largest rail operator in affluent southern China, hopes to get a much delayed share sale back on track this year, raising more than 10 billion yuan (Ss2 billion) to bankroll an expansion plan, a senior executiveReuters - 53 words
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64 2006-07-27 14 Reuters [SHANGHAI] The retail portion of the Shanghai initial public offering by Daqin Railway Co Ltd was more than 70 times oversubscribed, Daqin said yesterday, indicating a continued strong demand for IPO shares. Retail investors subscribed for 85.98 billion shares of the railway operatorReuters - 64 words
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Article, Illustration743 2006-07-27 14 NEWS ANALYSIS Reuters [SINGAPORE] Investors and analysts are taking a fresh look at some of South-east Asia's rubber plantation stocks, betting that rubber and crude oil prices which both hit record highs recently will climb higher. The dilemma forReuters; FILE PHOTO - 743 words
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GREATER CHINA/INDIA
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438 2006-07-27 15 New measures will cool industry but long-term future still rosy: analyst Reuters [BEIJING] China's new rules to cool the overheated property sector are likely to crimp developers' profits, but a booming economy means the longer-term outlook is still bright, industry executives said onReuters - 438 words
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Article, Illustration595 2006-07-27 15 Reuters [MUMBAI/HONG KONG] Real estate mutual funds can catalyse India's construction industry, streamline the opaque property market and lure millions of investors, but experts say unfeasible rules may hit plans to launch such schemes. Last month, India allowed mutual funds to investReuters - 595 words
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Advertisement1591 2006-07-27 15 "yS\ SatS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg Head Office: 190 avenue Chartes-de-Gaulle ***** Neuilly Cedex (Paris) France I > Li 4 I I Singapore Branch: 6 Temasek Boulevard #25-04/05 Suntec Tower 4 Singapore *****6 j U B A F j itt.ii.i ,|jJ:yj.|||UJJJ.tHJIdJJJ,IIL-Hl CONSOLIDATED BALANCE SHEET CONSOLIDATED PROFIT AND LOSS1,591 words
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Advertisement654 2006-07-27 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SHIRLEY JEWELLERS (PTE) LTD. Co. Rag. No. *****1166H (Incorporated in the Republic of Singapore) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held on 21 July 2006 at 110654 words
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ASIA-PACIFIC/WORLD
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Article418 2006-07-27 16 By OUR CORRESPONDENT in Bangkok TMB Bank Pic, one of Thailand's six largest commercial banks and partially owned by DBS Bank, is likely to see a new capital injection with the Ministry of Finance's Vayupak Fund taking a sizable equity. Vayupak Fund, the418 words
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Article, Illustration404 2006-07-27 16 Govt warns businesses may lose 40% of their workers AFP. AP [WASHINGTON] The US government on Tuesday urged the country's businesses to prepare for a possible avian flu outbreak which could hit the economy sharply for months, preventing large numbers of peopleAFP.; AP; AFP - 404 words
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Article, Illustration839 2006-07-27 16 ANTHONY ROWLEY - ASIA INSIGHT The way they stumbled on farm issues may not be such a bad thing, but FTAs may be the way to go -for now ANTHONY ROWLEY Tokyo Correspondent AS SOMEONE who grew up close to a farm, where it was839 words
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311 2006-07-27 16 Bloomberg [ROME] Crude oil was little changed as a crisis summit in Rome ended without an agreement for an immediate cease-fire to end the conflict between Israel and Hezbollah. US Secretary of State Condoleezza Rice and international leaders called for talks on a forceBloomberg - 311 words
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Page 16 Advertisements
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Advertisement1298 2006-07-27 16 (^SUNTEC J Real Estate Investment Trust S NOTICE IS HEREBY GIVEN that the Transfer Books and Register of Unitholders of Suntec Real Estate Investment Trust ("Suntec REIT") will be closed at 5.00 p.m. on 4 August 2006 for the purpose of determining unitholders' entitlements to Suntec REITs distribution. Suntec REIT1,298 words
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BLUESKY FESTIVAL
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Article, Illustration1244 2006-07-27 17 CONRAD TAN - This year's Blue Sky Festival hopes to help Singapore companies reach overseas markets as well as attract foreign entrepreneurs to these shores, CONRAD TAN reports CONRAD TAN THE annual Blue Sky Festival is the brainchild of the Action Community for Entrepreneurship (ACE), a movement that involves both theAP - 1,244 words
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Article, Illustration1256 2006-07-27 18 JAMIE LEE - From one idea came many, culminating in a solid project that is set to reach out to the world, JAMIE LEE finds out how Big Durian evolved JAMIE LEE BIG Durian production company is a small company with big ideas. Not only is the 10man team made up ofARTHUR LEE - 1,256 words
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Article, Illustration1128 2006-07-27 18 CRYSTAL NEO - Tee Yih Jia's Sam Goi tells CRYSTAL NEO why going overseas was crucial to the business CRYSTAL NEO POPIAH king Sam Goi knew from the word go that he had to conquer more than the domestic market. "For companies to grow and compete withARTHUR LEE - 1,128 words
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Article, Illustration935 2006-07-27 19 MELISSA LOH - From a small set-up dealing in electrical cables, a family business grew into a listed company that supplies the shipping industry, MELISSA LOH meets BH Global Marine's Alvin Lim MELISSA LOH HAVING successfully launched its initial public offering (IPO) in September last year, marine equipment supplier935 words
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Article, Illustration397 2006-07-27 19 CONRAD TAN - Hong Leong Finance president lan Macdonald tells CONRAD TAN why he thinks it's important for SMEs to look beyond our shores, and why they deserve to be helped, despite the risks of doing so. CONRAD TAN "SUCCESSFUL companies can leverage their skills and expertise by397 words
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Article, Illustration1212 2006-07-27 21 CONRAD TAN - CONRAD TAN asked Janet Young, head of commercial banking at HSBC Singapore, what small companies really neea to know before heading out CONRAD TAN Q: Why is it a good idea for a business to expand abroad? Venturing overseas can be an exciting1,212 words
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Article395 2006-07-27 21 Some government assistance schemes for SMEs 1. Local Enterprise Finance Scheme (Lefs) A fixed interest rate financing programme designed to encourage and assist local enterprises to upgrade, strengthen and expand their operations. Loans of up to $15 million are available for buying new machinery, upgrading existing equipment395 words
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Article412 2006-07-27 23 CONRAD TAN - Some useful websites for SMEs Compiled by CONRAD TAN Action Community for Entrepreneurship (ACE) www.ace.org.sg Probably the best and friendliest of the lot. Pulls together a wealth of information and resources useful for businesses at every stage of growth, including a step-by-step guide on how to start your412 words
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Article1024 2006-07-27 23 CHOO ENG CHUAN, RUSSELL AUBREY - CHOO EMC CHUAN and RUSSELL AUBREY highlight tax issues that emerging companies should be aware of CHOO ENG CHUAN, RUSSELL AUBREY FAST-GROWING companies have one thing in common they are able to respond swiftly to changes in market forces. This nimbleness enables them to penetrate new markets quickly1,024 words
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Article, Illustration1106 2006-07-27 23 MELISSA LWEE - and into the biodiesel plant. With oil prices moving faster than you can say 'inflation', Kom Mam Sun's alternative fuel processing project has turned out to be a successful enterprise, MELISSA LWEE finds out more MELISSA LWEE EVER since Kom Mam Sun gave up hisARTHUR LEE - 1,106 words
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Page 17 Advertisements
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Advertisement76 2006-07-27 17 Because 99% of the way is just 99% of the way. J Ww w w v s/S \j W V > W u V Vv W v V \> W It's not how far you've come, it's how far you've yet to go. Which is why we share your need76 words
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Advertisement50 2006-07-27 19 Enterprise One www.business.gov.sg Simply log on to www.business.gov.sg. *L We have a wide range of information from registering your M|Hr business to government assistance schemes and e-services. you can also call our hotline at 6898 1800 for more information. Enterprise One, for all you need to start sustain and grow50 words
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Page 20 Advertisements
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Advertisement186 2006-07-27 20 I A local brand helps the world take a break. j s jfc &a yf. ..j«r oe. < JF-, ft- A* I A global bank helps the local brand get the right breaks. When local brands want to expand across borders, they find a perfect We will work with you186 words
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Advertisement36 2006-07-27 21 t r-r. t v L'u' 1 1 |J 11 1 I 2005 Regie nftl Headpuarters (RHQ) Award a :—awHaisi SEEST* the gmp group 1 Raffles Place OUB Centre #57-00 Singapore *****6 (65) 6736 2022 Email: lnfoOgmprecrult.com36 words
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Advertisement240 2006-07-27 22 YOUR BUSINESS IS MANAGED THE WAY YOU WANT IT. FROM NOW ON, SO WILL YOUR BUSINESS FINANCES. RHB Bank has been providing sound financial advice and solutions to entrepreneurs in Singapore for over Rather than sell you a market product, we believe studying your business in depth and then customising240 words
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Page 24 Advertisements
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Advertisement193 2006-07-27 24 4 s*V pi H|L Egg Story Creative Production mhy' I jflnl JB a\l I P m j i JV jflDnA Hong Leong Finance. Helping SMEs every step of the way. With the sky as her limit, Viki Esther Chang now counts some of the world's largest conglomerates as her customers.193 words
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WORLD
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Article, Illustration270 2006-07-27 25 Bloomberg [NEW YORK] Federal Reserve Chairman Ben Bernanke is officially a millionaire. Mr Bernanke, 52, said he and his family held assets valued at about US$l.2 million to US$2.5 million in 2005, according to an annual financial disclosure. That's up from the previously reported rangeBloomberg - 270 words
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436 2006-07-27 25 It will have to partner other buyout groups to bid: report Reuters. Reuters, Bloomberg [LONDON] Private equity firm Blackstone Group may try to trump a US$2l billion agreed takeover of the top US hospital chain HCA Inc by a consortium of rivals,Reuters.; Reuters, Bloomberg - 436 words
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475 2006-07-27 25 Rising cost of fuel driving people onto buses and trains Reuters [NEW YORK] Cities around the US are being forced to improve their public transport systems as near-re-cord high gasoline prices fuel a big increase in the number of riders on busesReuters - 475 words
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488 2006-07-27 25 Tensions mounting over Teheran's atomic ambitions Renters [WASHINGTON] The world could handle a cut-off in oil exports from Iran, a US State Department official said on Tuesday. "We do have capabilities in place to handle a potential shut-off of these flowsRenters - 488 words
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Article, Illustration63 2006-07-27 25 [LONDON] Good luck to fans of the classic 1961 film, Breakfast at Tiffany's, bidding for the iconic black Givenchy dress worn by Audrey Hepburn which will be auctioned by Christie's for charity. The sale of the dress (shown above, worn by a model) will lead the auctionAFP - 63 words
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Page 25 Advertisements
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Advertisement1411 2006-07-27 25 IN THE MATTER OF THE COMPANIES yr. IN THE MATTER OF ACT, CAP. 50 f ~.,T rpl THE COMPANIES ACT, CAP 50 lmninn AND IN THE MATTER OF SYSTEM ACCESS LIMITED and in'the^matterof JOlTling SK (Company registration no. *****4837E) UNION METAL RESOURCES PTE LTD forces? Republic of Company amgapotvy fllUtWlJlilWMkiHk1,411 words
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AVIATION
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Article, Illustration519 2006-07-27 26 VEN SREENIVASAN - Local carrier effectively gains some $50m of business By VEN SREENIVASAN [SINGAPORE] Air New Zealand's loss could be Singapore Airlines's gain. And quite a significant one at that. The Kiwi carrier's surprise decision to pull out of Singapore could hand SIA some519 words
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249 2006-07-27 26 Reuters [MANILA] Philippine Airlines Inc (PAL) said yesterday that net profit jumped 63 per cent for fiscal year ended March 2006, helped by al5 per cent rise in revenues despite high fuel costs. PAL posted net profit of US$2B.7 million, againstReuters - 249 words
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318 2006-07-27 26 Bloomberg [HONG KONG] Cathay Pacific Airways Ltd, which is proposing to build the world's largest air freight terminal in Hong Kong, said that the city's airport should not delay a decision on expanding cargo facilities. Airport Authority Hong Kong, operator ofBloomberg - 318 words
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Article604 2006-07-27 26 VEN SREENIVASAN - Long-haul fares to be up to 30% lower than competitors' By VEN SREENIVASAN [SINGAPORE] Qantas's lowcost carriers Jetstar International and Singaporebased Jetstar Asia yesterday announced their relaunch under a single Jetstar brand by assuring customers that their long-haul fares would be up to 30 per604 words
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327 2006-07-27 26 Bloomberg [SYDNEY] Qantas Airways Ltd, Australia's biggest airline, is expanding freight services to counter a slump in earnings from carrying passengers. "There are very good returns in this market and we do have an established position, so you try and grow onBloomberg - 327 words
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Article2225 2006-07-27 26 CITY FLIGHT ETA FLIGHT FTD GA840 1640 GA841 1755 SQ147 2235 5Q148 1900 AhwPMbl ***** 113S -1 S0456 1300 Dhaka SQ435 0550 5Q436 2030 &ST LH9771 1750 ASS 2215 t?R638 1345 QH639 0745 SQ230 1750 BA7382 2215 0-" 0735 EK405 0210 AF8087 1850 QF82 2215 S04932,225 words
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Page 26 Miscellaneous
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Miscellaneous203 2006-07-27 26 CRYPTIC CROSSWORD therly care 00) money invested in Germany Across: 1 Cardiac, 5 Optimum, 9 DOWN (3,7) Grasp, 10 Wrestling, 11 Amelio--1 Not all convicts in gaol turn in- 12 Memorable mention about a rate, 12 Etna, 14 Conservative, 18 former (4) prince introducing poll-tax (10) Horse-trading, 21 Racy, 22203 words
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SHIPPING/AVIATION
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Article, Illustration576 2006-07-27 27 Reuters [FRANKFURT] The coheads of European Aeronautic Defence and Space Co (FADS) have told staff they will work closely together to restore confidence in the company, still reeling from a crisis at its Airbus plane unit. The group is trying toReuters; AFP - 576 words
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Article, Illustration629 2006-07-27 27 GEORGE JOSEPH - Transworld Group names its first newbuild 'OEL Singapore' By GEORGE JOSEPH [SINGAPORE] The recent launch of a container ship at the ST Marine yards may have gone without much fanfare, but for the Singapore Technologies Engineering subsidiary it was another display629 words
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229 2006-07-27 27 Reuters [BRUSSELS] European Union trade chief Peter Mandelson said the United States was trying to give Boeing too great an advantage in possible talks to resolve a row with European plane maker Airbus over state subsidies. The dispute betweenReuters - 229 words
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Article296 2006-07-27 27 SGX '000 A.I26 SS Vol CHOttshore J0-3S 001 203 ChuanHup 034 0.01 951 Gosco Corporation 1.48 0 02 ***** CWT Dstributon 0.62 -0.01 28 EjreHldgs.... 2 33 0 01 433 Freight Links .0-07 0.01 987 Grand Banks Vacht 032 unch 13 iaya Holdings 136 unch 891 IC1Vemi*e .J035296 words
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262 2006-07-27 27 Reuters [JAKARTA] The Indonesian navy has arrested three former separatist rebels for pirating ships carrying aid for tsunami survivors in the country's far-west Aceh province, a senior commanding officer said here yesterday. The three men, from two different groups, were caught in the northReuters - 262 words
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154 2006-07-27 27 Reuters [OSLO] US-Norwegian cruise company Royal Caribbean Cruises is expected to report a 22 per cent drop in second-quarter net profit mainly due to increased costs, a Reuters poll of 12 analysts showed. Net profit for the world's number two cruiseReuters - 154 words
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Article, Illustration507 2006-07-27 27 Reuters [FRANKFURT] Shares of TUI rose almost 6 per cent yesterday on market talk that Denmark's AP MollerMaersk is interested in buying the German tourism and container shipping company. Analysts said while it made strategic sense to combine theReuters; BLOOMBERG - 507 words
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291 2006-07-27 27 Bloomberg [HONG KONG] Orient Overseas (International) Ltd, owner of Asia's eighth-larg-est container shipping line, said it may sell four terminals in the US and Canada. The company appointed ÜBS AG to advise on the potential sale, which would "realise the true potentialBloomberg - 291 words
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EDITORIAL & OPINION
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Article502 2006-07-27 28 EDITORIAL OIL market players seem to have decided that the war in Lebanon will not involve oil producers and have thus allowed the oil price to drop after pushing it to a historic high of U5578.40 a barrel earlier this month. Rather than a wider502 words
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Article, Illustration954 2006-07-27 28 PAUL SAMUELSON - Despite pervasive pessimism, adaptive macroaction may prevent 10-year slumps PAUL SAMUELSON Tribune Media Services AMERICA at mid-year 2006 is neither experiencing the worst of times nor the best of times. Why then our widespread malaise? Obviously the daily carnage in Iraq, with noTribune Media Services; BLOOMBERG; REUTERS - 954 words
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Article, Illustration823 2006-07-27 28 DAVID MASON - THE BOTTOM LINE DAVID MASON THERE has been a great deal of fuss in the United Kingdom in the last few weeks concerning the plight of the so-called "Natwest Three". They are three ex-bankers from Natwest who are accused of823 words
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Article, Illustration1262 2006-07-27 29 RAJU CHELLAM - With rising thefts of sensitive data, companies need to take steps to prevent themselves from falling victims to hackers RAJU CHELLAM CONSIDER this: Recently, the US government said it is considering a plan that will require all banks to develop an identity theft prevention programmeFILE PHOTO - 1,262 words
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573 2006-07-27 29 Leong Sze Hian Singapore - LETTERS TO THE EDITOR Leong Sze Hian Singapore I REFER to media reports about Johns Hopkins University's Singapore arm not meeting A*Star's goals in their tie-up. A*Star's statement that Johns Hopkins University's (JHU) agreement was terminated because it failed to meet eight out of 13573 words
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74 2006-07-27 29 Denis Distant Singapore - Denis Distant Singapore I REFER to the article "GEH delisting Listing Manual shouldn't apply" (BT, July 26) by R Sivanithy. There seems to be a contradiction between the ruling in the Companies Act Section 215 and the SGX Listing Manual which should have been detected74 words
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Article, Illustration783 2006-07-27 29 KARINA ROBINSON - By KARINA ROBINSON International Herald Tribune IT'S probably fair to say that banks are mostly unloved. They make money with your deposits in exchange for minimal interest. They charge high fees for what are very basic services, and customer service is something they pay lip serviceInternational Herald Tribune; AFP - 783 words
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Article10967 2006-07-27 30 SGX MAINBOARD Transaction date: Jul 26 Tel Last Vol Day Last Quote GrOtv Oiv CrYtd Net MCap High Low Code Company Sale *1- fOOO) High Lou. Buyer SHky S C« PTE SmS 4 I 5716 1stSoftware5c 2.5 unch 115 2.5 2.5 2 2.5 to 1 12 6 314810,967 words
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Advertisement81 2006-07-27 30 Low cost IDD at your fingertips^^^^^jj^^B With Phoenix 1516 IDD, it has never been this easy and affordable to reach your business contacts wherever they are in the world vnc our unmterru P te d-clear voice quality, zero subscription fees, plus free registration give you even more savings every time81 words
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Article6272 2006-07-27 31 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curt In SS In USS yr Ntfy yr dy %yr Jul 25 index Change Chiny Change Change Change Chang* World iixle« Prefimrnary 9761 02 07 02 16 02 32 «EAff Preliminary 9825 05 10 M U OS 62 Europe Preliminary 13036,272 words
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Page 32 Advertisements
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Advertisement1226 2006-07-27 32 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination AFRICAN UON RDM/ATW/BMN/TLB/NAN SEAFRIEND CAM/NFK/SAV/NOL EVGENIA RDM/ATW/BMN/TLB/NAN U»ds Singapore. E./W. Malaysia. Indonesia E./W. Malaysia. Indonesia MIDDLE-EAST SERVICE F.EVS.E.A. SERVICE Destination ASEAN EXPRESS DBI/ABU/DOH/BRN/DMM/KWT Destination PAN BRIGHT DBI/ABU/DOH/BRN/DMM/KWT WIN HONEY INC/BSN Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES Tramping for1,226 words
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Advertisement682 2006-07-27 32 pr\ DONGNAMA LINE commmmw i VESSEL (EVERY SUN) VOY HKG HOT* HADUH HU239 M/ 07 03/ M KOTA HARMUNI HN3O3 06/00 10/ M KOU HASH HAS 429 13/ M 17/ M VESSEL (EVERY SUN) VOY SGP KG ItY Yd HX MOl FORTUNE ***** 30/07 03/01 17/ M 01/01 11/ M682 words
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Advertisement729 2006-07-27 32 v&v WALLENIUS WILHELMSEN LOGISTICS website: http://www.2wglobol.com Yissa VOT UW HBGHT SM LK IMO SAV «AL 0«f TARAGO AH23 320TM$ 6.* M 08/08 31/08 09/09 13/09 17/09 15/09 TAMERUUK Af625 3201NS 6.4 M 26/08 20/09 29/09 03/10 07/10 05/10 niMOT AH27 imm M> 10/10 19/10 23/10 28/10 26/10 Naw Yark fc729 words
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Advertisement1496 2006-07-27 33 WAN HAI INTERNATIONAL PTE LTD a NO: **********0/R TEL:*****588 (14LINES) FAX:*****163 \k|\ WAN UAI I IMFV StonierSer*it«/BookingsWredLine• (1800)*****200 V I Vf Hll I Inl LIIILJ P1tt1E:(03)*****888FAX:(03)*****288FWTH:(04)*****00FAX: (04)*****99 V JCHIH: (07) *****23 FAX: (07J251W21SUR IB: (031) *****75 FAX: (031)*****14/ *****05 wonkni <n «T* (021) ***** M FAX: (021) *****88 HJR TH:1,496 words
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Advertisement1222 2006-07-27 33 [VESSEL I VOY I PKL 1 SIN KARACHI I DXB I BAB NHS PMM BIK I KHOR JOLLY PCL 8148 04/08 12/08 15/08 16/08 22/08 24/08 26/08 IRAN KORDESTAN PCL 8150 05/08 06/08 13/08 18/08 19/08 25/08 27/08 29/08 IRAN SATTARI PCL 8152 13/08 14/08 23/08 26/08 27/08 28/08 03/091,222 words
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Advertisement952 2006-07-27 33 W SJ&IFA WEEKLY EXPRESS SAILING SCHEDULE AL3(MCCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS I VtSStl VOY SIN P.KLANG COLOMBO W. SHEV* OHOMBO I RAJIV GAMDHI OIOSW 26 JUL fiMH QMII 03 AUC 0/ M KOTA PERTAMA YPMO4I 01 AUG 02 AUG 05 AUG 08 AUG 1? AUG I 1952 words
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THE BUSINESS TIMES SHIPPING TIMES
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5845 2006-07-27 34 This ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Desfn Name Name Number Number SIN Dcsfn Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire To GENOA/GENOVA (GOA) 2137 Italy 03AM 13/09 China Shpg NEW DYNAMIC 118A *****8985,845 words
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BizIT
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Article, Illustration568 2006-07-27 35 ROLAND LIM - It expects 12% gain now, or sales for 2006 of USsl.9b, reports ROLAND LIM ROLAND LIM CITING a slowdown in its semiconductor and original equipment manufacture (OEM) business, Canon Singapore Pte Ltd has more 'than halved its sales growth target of 25 per cent568 words
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752 2006-07-27 35 Reuters [SAN FRANCISCO] HewlettPackard Co agreed on Tuesday to buy Mercury Interactive Corp for about US$4.5 billion in stock, or US$52 per share, in a bid to boost the computer maker's business software operations. The deal, which sent shares of theReuters - 752 words
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309 2006-07-27 35 Xinhua [LOS ANGELES] Web search giant Google Inc on Tuesday released an update of its Maps for Mobile service, a software system that will turn a cellphone into a vehicle navigation system, The product will have comprehensive functionality in 30 urban centres inXinhua - 309 words
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Article, Illustration529 2006-07-27 35 WINSTON CHAI - Software maker plans more hirings, may open offices By WINSTON CHAI RIDING on the back of its best-performing quarter in recent history, enterprise content management software maker Interwoven is planning to weave a bigger web around the region by adding more employees and possibly new529 words
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263 2006-07-27 35 Merger of the two businesses may be over by year-end Bloomberg [BANGALORE] Shares of Mphasis BFL Ltd rose 17 per cent after Electronic Data Systems Corp said it would boost its stake in the Indian computer services company toBloomberg - 263 words
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323 2006-07-27 35 LAT-WP [LOS ANGELES] Two California State University, Northridge, students have been accused of hacking into a professor's computer, giving grades to nearly 300 students, and sending pizza, magazine subscriptions and compact discs to the professor's home. Lena Chen, 20, of Torrance, andLAT-WP - 323 words
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Article, Illustration667 2006-07-27 36 AMIT ROY CHOUDHURY - Its US$152.89 trails NZ's US$198.78 and Australia's US$193.82 only By AMIT ROY CHOUDHURY THE Singapore public sector is one of the biggest spenders on information technology (IT) in the AsiaPacific, relative to its population size. New research shows that onSource: Springboard Research - 667 words
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551 2006-07-27 36 But the chipmakers are set to reveal solid Q2 earnings Reuters [TAIPEI] TSMC and UMC, the world's top two made-to-order microchip makers, are set to post strong quarterly profits as new consumer products spurred demand, but analysts warn of a supply glut inReuters - 551 words
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Advertisement21 2006-07-27 35 S'PORE RANKS HIGH IN PER CAPITA PUBLIC SECTOR IT SPEND Its U*****.89 trails NZ's U*****.78 and Australia's U*****.82 only. PG 3621 words
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Advertisement20 2006-07-27 36 v.v.v.v.v.v 3 HmH Iv/XWKVSm RV»V»mVm»V>V«V»V«'. ■nnnHKn >vav*V»V^ •v/AySjSvjM EflMsS SgsSSSg «V< •5 i^^^^^M3!mETOadlflla>illaci^;rirenSgT7sl«Ml^iiTJililiTil«lM»kwM»MiiTiii»BM^^^M ■■wiTgwJgBTgMJgHWgH^CTTOMWSMHyMJISTgM^^M HmSranH f •SSSSSSiSSSHraBT^^P?^ w SVg^iSLt^K iniaMSi^i20 words
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PROPERTY
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Article, Illustration710 2006-07-27 37 Rising demand, rents help push up Reit stocks; apartment and office real estate firms best-performing Reits this year Reuters [NEW YORK] Rents and demand for US apartments and office space are way up, but analysts expect investors in real estate companies focused onReuters; FILE PHOTO - 710 words
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Article, Illustration539 2006-07-27 38 KALPANA RASHIWALA - Over 70 units in the 136-unit condo have been sold since November By KALPANA RASHIWALA WING Tai Holdings has sold 70-plus units at its Draycott 8 condo at prices ranging from $1,600 to $1,850 per square foot since it began previewing the539 words
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Article, Illustration304 2006-07-27 39 KALPANA RASHIWALA - Market watchers expect Derbyshire Mansions to fetch about $50m By KALPANA RASHIWALA THE owners of Derbyshire Mansions in Thomson Road near United Square are teaming up for a collective sale for their 36,098 square foot freehold site. Market observers expect the site304 words
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268 2006-07-27 39 Reuters [NEW YORK] Jones Lang LaSalle Inc, a real estate services company, on Tuesday reported better-than-expected quarterly net income, primarily because of one fee from a single client of its money management arm. The company earned U5566.2 million or US$l.94 per share in theReuters - 268 words
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1533 2006-07-27 39 PROJECT NAME/ PROP CONTRACT TENURE BUKF-M/IAND PRICE PSF STREET NAME TYPE DATE AREA*(SQ FT) (S)'OOO) (S$) District 2 NON-IANDED Icon Apt 13/07/2006 99 570 490 859 Icon Apt 20/06/2006 99 1119 1170 1045 Int'l Plaza Apt 30/06/2006 99 1367 585 428 District1,533 words
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536 2006-07-27 40 ARTHUR SIM - CPF Board approves 637 applications as at June 30, against 321 in December By ARTHUR SIM MORE non-related singles have jointly bought property. According to the Central Provident Fund (CPF) Board, as at June 30, it has approved 637 applications from non-related singles wanting536 words
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Article, Illustration510 2006-07-27 40 KALPANA RASHIWALA - By KALPANA RASHIWALA SINGAPORE Telecom is getting ready to launch a tender for 71 Robinson Road, which now houses Robinson Road Post Office and was formerly known as Crosby House, sources say. And although Sing Tel reportedly secured provisional permission last year510 words
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Advertisement321 2006-07-27 37 f M Jones Lang IJSBJ LaSalle- 11 11 1 '»■'T. I l ll' i Distinctive 8-storey building linked by 5-storey high atrium Extensive landscaping roof gardens with multi-purpose 214,000 sf facility with large floor plates of about 30,000 sf per floor rooms for corporate events, meetings mini-conventions Expected TOP 2007321 words
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Advertisement255 2006-07-27 37 PRIME DISTRICT 10 Parce^^6^6B^sqf^^^^^^l FREEHOLD RESIDENTIAL SITES Le Marque Parcel B: 54,898 sqft FOR SIMULTANEOUS SALE V||la Margaux r=g 1 Parcel C: 35,277 sqft "37 TOTAL: 116,861 sqft Town Chinese Gift's t earner no) ,i,,ir iMiM'Mina -i mm Within Ikm of reputable schools, near to social clubs and MRT Station255 words
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Advertisement50 2006-07-27 38 r i fSB Sa JJ i an^Wfe*! ssS S H3! *1 «hp■ JS HMtii Hg j i I Sgjj 3 t3S S r 2 "535 3 Hi? as g > 3Mi 2 hhi r* > 23 <■ r Nfl PVLK s* S;~. ««i w<~** Si mi:B is j STIS irnmijflMPffW50 words
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Advertisement240 2006-07-27 38 COM^^IAL FOR SALE BY TENDER WAYFOONO BUILDING 248 ft 24C Cheong Chin Nam Rd 6 milestones Upp Bukit Tlmah Rd opposite Bt Tlmah Shopping Centre, cou T Next to Courts, Bt Tlmah Two floors of office space 3rd level 4th level m*ar\, To be sold on a separate tender basis240 words
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Advertisement263 2006-07-27 39 f Jones Lang W LaSalle Derbyshire Mansions j \s Site Area 36,098 sq ft (approx) r house e novena square GPR 2.8, up to 36 storeys evvr J e NOVENA MRT Unblocked view Ml OOLDHILL GOLDHILL Near amenities and next to St. Michael's Primary PLA2A centre &haeT* Conveniently located with263 words
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Advertisement37 2006-07-27 40 Distributed by: ABN AMRO DMG&Partners™ bank ©OCBC Securities BphniipCapital UOBKayHiail I (Iron#* Id yon by PWp >W—W> Tel 1800 ABN AMRO (226 2676) Tel 6538-3773 Tel 6226-0300 Tel 1800-MAYBANK (1800-629 2265) Tel 6538-4775 Tel 6531-1555 Tel 6536-933837 words
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Advertisement24 2006-07-27 40 Parting company? Make it known. Call 1800 289 8822 or email notices@sph.com.sg to book your corporate notice in our newspapers now. WATiJi^ NOTICES 124 words
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