The Business Times, 30 May 2007
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2007-05-30
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The Business Times
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Title Section20 2007-05-30 1 The Business Times SINGAPORE 85 cents online at http://business-times.asial.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Wednesday, May 30,200720 words
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681 2007-05-30 1 UMA SHANKARI - Fine dining, luxury goods sales soar as economy booms By UMA SHANKARI [SINGAPORE] Just how confident people are about the Singapore economy has been spelled out in a report on lavish spending by charge card holders. Jewellery, haute couture, luxury681 words
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Article, Illustration936 2007-05-30 1 SIOW LI SEN - Transfer of corporate governance role to MAS and SGX is not about imposing more rules, he says By SIOW LI SEN [SINGAPORE] Many boards and directors of listed companies still need to be convinced of the value of good corporate governanceARTHUR LEE - 936 words
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Page 1 Advertisements
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Advertisement11 2007-05-30 1 a ARTS FEST Baylene styling PAGEI4 yg- r JSKm f A11 words
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Advertisement13 2007-05-30 1 MOTORING Insurance premiums still stable PAGE 23 8 ill Markets Dlfltft, Pagt 313 words
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Advertisement99 2007-05-30 1 Exec Money BID FOR ABN AMRO RBS-led group 71b euro bid ""j"' hF^.4- I Invenit et Fecit invented and made The motto of a contemporary watchmaker building his own history. Chronometre Souverain In harmony (he tradition* J century marine chronometry. Caliber FPJ 1304 in 18k solid gold Platinum case Dial99 words
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TOP STORIES
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552 2007-05-30 2 ANGELA TAN - It'll pay A5401.5m for 12% stake in global giant ABC Learning Centres By ANGELA TAN [SINGAPORE] Temasek Holdings is to invest A 5401.5 million (Ssso2 million) for a 12 per cent stake in a company said to be the world's largest provider of552 words
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Article, Illustration404 2007-05-30 2 JANICE HENG - But board is still wooing foreign institutions CLOSURE OF UNSW CAMPUS By JANICE HENG [SINGAPORE] The risks proved too great for the University of New South Wales (UNSW) Asia to continue operating its Singapore campus when talks on a revised support package fell404 words
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Article545 2007-05-30 2 Keppel Corp, CapitaLand are big winners KEPPEL Corporation and CapitaLand emerged as the big winners at last night's Singapore Corporate Awards 2006. Keppel swept gold for best managed board, best annual report and best investor relations in the big-cap companies category. CapitaLand won gold for Chief Executive Officer545 words
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Article134 2007-05-30 3 STI 3,527.08 (+13.71) ST INDEX FUTURES 3,527.00 (+14.00) SIMSCI 435.07 (+1.62) SIMSCI FUTURES 435.10 (+1.00) MARKETS Tuesday Change KLCOMP 1,343.00 -2.99 NIKKEI 225 17,672.56 +84.97 HANG SENG 20,469.59 -60.17 SET INDEX 727.79 -0.14 JAKARTA COMP 2,058.736 -18.022 MANILA COMP 3,452.62 +9.06 SEOUL COMP 1,661.80 +3.89 SHENZHEN B 745.15134 words
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Article, Illustration708 2007-05-30 3 SIOW LI SEN - SINGAPORE CORPORATE AWARDS 21 companies, two CEOs and two CFOs honoured at last night's ceremony By SIOW LI SEN [SINGAPORE] Keppel Corporation and Capita Land were the two big winners at last night's Singapore Corporate Awards 2006. The awards honour companies and individuals withPHOTOS: ARTHUR LEE - 708 words
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Advertisement247 2007-05-30 2 BT ONLINE Print subscribers get free access to the Business Times Online. To activate your account log on to http: //business-times asial .com.sg.For more information, e-mail btocs@sph.com.sg or call 6388-3838. y f y*- 4 V w ':-d OSIM s INTERNATIONAL TRIATHLON 2007 «jfc* ,v »v- dBS EVENT SWIM CYCLE RUN247 words
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Advertisement118 2007-05-30 2 people Black belts wanted. www.thepeopleatwork.com Asia-Pacific Executive Search Attract more interest from investors. Place your IPO notice Panasonic Made by Panasonic, Tuned by Hollywood ideas for life 1 fr: >.i M jK |S|p9! I HnHpill II .'.r.e'e (.u"iase PT-AX100: Anson Audio. #01-19 The Adelphi, Tel: 6883-1020 •AV One, #01-10 The118 words
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Advertisement169 2007-05-30 3 1,, 1 /mm r 'J I |e# i i> iA |< H *Kg r§*fj I 1: m P 'Ml B i |*i I P HH |s, i pajSSLL, I l mk ||.|4 kg. Zfisl S6fc_l iJL 3F 11 I aj|%££ ij|| START A FEW HEARTS RACING. This is power you169 words
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COMPANY NEWS
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775 2007-05-30 4 KALPANA RASHIWALA - HOCK LOCK SIEW KALPANA RASHIWALA ING Tai's announceJjf ment on Monday that m m is h ea( in B a our J|f member consortium m M m that will invest US$l M billion in the China Wm property market certainly hit the775 words
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Article, Illustration574 2007-05-30 4 TEH HOOI LING - By extension, China firms listed here will also be re-rated By TEH HOOI LING THE Chinese government's policy relaxation to allow commercial banks to invest in approved overseas stock markets would lead to a structural re-rating of Hshares in Hong Kong, and byFILE PHOTO - 574 words
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Article416 2007-05-30 5 Japan Land's profit rises 37.3% JAPAN Land's net profit rose 37.3 per cent to $8.9 million for the year ended March 31 while revenue dipped 1.2 per cent to $175.8 million. The revenues were derived from the Japanese developer's operations in Japan and were largely maintained despite the416 words
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360 2007-05-30 5 Chinese bank's IPO may dilute S'pore lender's 12.2% shareholding Reuters OVERSEA-Chinese Banking Corp (OCBC), Singapore's smallest lender, said yesterday that it may raise its stake in China's Bank of Ningbo after the Chinese lender's initial public offering. OCBC bought a 12.2 perReuters - 360 words
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309 2007-05-30 5 JANICE HENG - By JANICE HENG INTERNATIONAL trading of the crude palm oil (CPO) futures contract that the Singapore-based Joint Asian Derivatives Exchange (Jade) is launching on Wednesday next week is set to be seamless. This follows the US Commodity Futures Trading Commission's grant of "no-action" relief309 words
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190 2007-05-30 7 Bloomberg INDONESIA yesterday cancelled a tender for 35,000 tonnes of raw sugar after rejecting bids from a unit of Singapore-listed Olam International Ltd because the price was too high. PT Olam Indonesia offered to supply 17,000 tonnes at US$33O a tonne after its MayBloomberg - 190 words
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599 2007-05-30 7 CONRAD TAN - Report sees all 3 S'pore banks outperforming broader market By CONRAD TAN THE Singapore stock market is expected to grow by a further 19 per cent by yearend, driven by strong corporate earnings amid robust growth in the broader economy, Credit599 words
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311 2007-05-30 7 LYNETTE KHOO - Anti-flammable synthetic cotton seen fetching higher selling price By LYNETTE KHOO HONGWEI Technologies, a China-based producer of polyester differential fibres, said it expects its new antiflammable synthetic cotton product to contribute at least 10 per cent to its gross311 words
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406 2007-05-30 7 CHARMIAN KOK - By CHARMIAN KOK ROWSLEY Ltd, which recently unveiled plans to buy a China solar energy company in a $2.7 billion reverse takeover deal, found itself deeper in the red for the year ended March 31. The group yesterday reported a 12-month net loss406 words
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Advertisement89 2007-05-30 4 »< Meetings with definite difference. An experience which ultimately leads to -m? &*™mm RM29s++ per Inclusive: |3bSHh^|^|^• 2 Days /1 night accommodation ■BWHBHBSh^F^P in a Deluxe room or higher category Wr W wife." Buffet breakfast f M j l M < f—' >\ •AM& PM tea break Lunch dinner SJSSSiS3e^89 words
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Advertisement97 2007-05-30 5 Belmont Road 27,300 sqf $19.xM Binjai Pk 20,300 sqf $14.xM Bishopsgate 17,000 sqf $17xM Cable Road 36,000 sqf $27.xM Cluny Hill 16,000 sqf $18.xM East Sussex Lane 15,100 sqf $15.xM Garlick Ave 13,000 sqf $10.xM Holland Road 10,000 sqf B.xM Jervois Road (New) 15,000sqf $13.xM Leedon Road 18,300 sqf $14.xM97 words
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Advertisement415 2007-05-30 5 SINGAPORE'S MOST MODERN SPECIALIST CLINICS. NOW FOR LEASE. Novena Medical Center offers doctors a rare opportunity to lease a medical suite at the center of Singapore's newest state-of-the-art specialist clinics. Consider that it's in a prime location in a market set to experience incredible growth, this is the chance of415 words
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Advertisement2750 2007-05-30 6 Voluntary Conditional Cash Offer by HSBC^ The Hongkong And Shanghai Banking Corporation Limited (Branch Registration No.: F*****M) (Incorporated in the Hong Kong SAR) for and on behalf of Dubai Drydocks World LLC (Trade License No.: *****5) (Incorporated in Dubai, United Arab Emirates) to acquire all the issued and paid-up ordinary2,750 words
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SINGAPORE MARKETS
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Article, Illustration525 2007-05-30 8 R SIVANITHY - STOCKS Final-minute support for index-linked stocks gives impression of firm market R SIVANITHY Senior Correspondent FOR the second day running, a late push on a handful of index-linked stocks helped the Straits Times Index (STI) yesterday to reverse an earlier fall andSource Bloomberg - 525 words
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Article1004 2007-05-30 8 UMA SHANKARI - Compiled by UMA SHANKARI Raffles Education Corp May 29 close: $2.08 CREDIT SUISSE, May 28 STRONG earnings momentum: Raffles Education's China footprint, its growing college network across Asia and strong franchise in design programmes position it well for the robust outlook for private education. The key earnings driver1,004 words
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Article, Illustration919 2007-05-30 8 SECURITIES TRADING SCOREBOARD MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multilnd 593 010 S10 3 Manufacturing 47 96 67 12 9 27 59 105 94 Commerce 21 34 24 3 8 10 24 42 34 Tpt/Stor/Comms 17 14 13 0 3 0 17 17 13919 words
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Article, Illustration410 2007-05-30 8 CURRENCIES AFP [TOKYO] The yen gained ground in Asian trade yesterday on rising confidence in the outlook for the Japanese economy after unemployment hit a nine-year low and consumer spending rose, dealers said. They added, however, that the optimism was tempered by political concerns followingAFP; AP - 410 words
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Advertisement211 2007-05-30 9 hSSStb #B1 -55/56/57 hellolßugb Junction #01-50/50 A helolCauseway Point #81-1«/18 31 Exeter Rd MMCompaM Point #81-04/05 hrtWOUl Centre #01-01 (Closed on Sundays and Pubic Hoidays) he«o»arkway Parade #61-01/02 heWTamplnei Mai #02-13/14/15 helolW.it Mai #01-38/39 he*>lTakash»maya $.C. #82-12 SlngTell Shop®NUS Yusof Ishak House (Closed on Saturdays. Sundays, Public and School Holidays)211 words
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SINGAPORE NEWS
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214 2007-05-30 10 WITH the new merger regime taking effect from July 1, Companies will be able to notify the Competition Commission of Singapore (CCS) on both anticipated and completed mergers for a decision on whether the merger infringes section 54 of the Competition Act. The CCS will214 words
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494 2007-05-30 10 LYNETTE KHOO - Policies will be consistent Johor crime rate will be tackled: Najib By LYNETTE KHOO MALAYSIAN Deputy Prime Minister Najib Tun Razak has assured foreign investors of the consistency of government policies relating to the Iskandar Development Region (IDR) in a two-day roadshow here494 words
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266 2007-05-30 10 THE National Water Safety Council (NWSC), set up last month to enhance and promote water safety here, announced its plans for 2007-2008 yesterday. The three strategic areas NWSC will address are water safety education, water safety skills training, and ensuring safe swimming pools and266 words
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420 2007-05-30 10 ARTHUR SIM - By ARTHUR SIM THE Housing and Development Board (HDB) tender for its second Design Build and Sell Scheme (DBSS) has closed with the top bid of $233.74 per square foot per plot ratio (psf ppr) double the $113.64 psf ppr price for420 words
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Article, Illustration294 2007-05-30 10 CONRAD TAN - By CONRAD TAN STANDARD Chartered Bank has launched a series of sports and other holiday activities for children of its wealthy customers, as part of a wider effort to position itself as the top wealth management business here. "There is clearly an opportunity to294 words
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Article396 2007-05-30 10 WEE LI-EN - Manufacturing plant exempted from property tax By WEE LI-EN COMPANIES which have plant and machinery used for manufacturing, processing or other industrial purposes may be able to save tax dollars following a High Court decision, tax lawyer Tan Kay Kheng says. As a result of396 words
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Article269 2007-05-30 10 URA releases details on reserve site THE Urban Redevelopment Authority (URA) has released the detailed conditions for a reserve site at Yishun Avenue 6 for industrial development. This is one of two new industrial sites that are scheduled for release on the reserve list in the Government Industrial269 words
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Advertisement557 2007-05-30 11 offer the right consultancy Advice r t^SvSSSnM77j3P^ or centuries have consulted Geomancy masters and experts for advicdSfi W i flB V mfm JHb affects&glSi® lives. Today, this practice has propagated to the business world as *§11. J particularly those in Asia, often turn to Feng Shui or Geomancy f| In557 words
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SINGAPORE INTERNATIONAL
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Article, Illustration1204 2007-05-30 12 CHUANG PECK MING - S'pore companies experienced in waste disposal and management can help China solve its huge problem, reports CHUANG PECK MING CHUANG PECK MING LEARING rubbish is a growgjr ing business, and nowhere more so than in China. Singapore, which has been keeping thingsREUTERS - 1,204 words
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Article, Illustration483 2007-05-30 12 CHUANG PECK MING - By CHUANG PECK MING MOVING into the Chinese market in 2002 came at just the right time for United Engineers (UE). It was just a year before Sars hit and while the disease killed hundreds of people and terrified many more,483 words
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Page 12 Advertisements
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Advertisement203 2007-05-30 12 II 3 ;r=r The Business Times Singapore for Global Opportunities? Discover latest developments in Southeast Asia, China, India and the Middle East W&B Manage recruitment and talent retention challenges across borders gpF Gear up for export and overseas growth SSf Build up firm-level capabilities *f Steer ahead for global growth203 words
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Advertisement113 2007-05-30 13 Cr<££it/jv£uHLs ackf&fttfe iMj I limited V 'S V/r cjL on your promotion to the Mainboard of the Singapore Exchange >$ .f'.! tfo rt n for a new phase of growth Saoh Metal Industries PteLtd TTM Industries (M) Sdn Bhd ■Bpff Tsing Technologies (M) Sdn Bhd jpff pf .11 .--■w.m »m«>113 words
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ARTS FEST
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Article, Illustration676 2007-05-30 14 PARVATHI NAYAR - A young designer shows how fashion connects with the arts, reports PARVATHINAYAR PARVATHI NAYAR fjif H T'S not just m about clothing people, but seducing and attracting others not in the sense of showing off but pulling them to you as naturally as gravity," says designer676 words
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358 2007-05-30 14 CHRISTOPHER LIM - By CHRISTOPHER LIM MUSIC, visuals and technology will come together in multimedia project Optical Identity from tomorrow till Saturday, when local music ensemble Tang Quartet and Scottish outfit Theatre Cryptic will push the boundaries of their art. Collaborating with them will be358 words
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Advertisement1192 2007-05-30 14 [*AT3 Q& NJOTICFS JL A X JL-/ Toll free: 1800-289-8822 Email: notices@sph.com.sg BUY IT-SELL IT-FIND IT V/ INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED (Incorporated in The People's Republic of China) Head Office 55 Fuxingmennei Dajie, Xicheng District, Beijing, China Tel: 86-10-6610 6027, 6610 6026 Tlx: ***** ICBHOCN Fax: (10)1,192 words
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Advertisement743 2007-05-30 14 JPMorgan Chase Co. Parent company of JPMorgan Chase Bank, National Association JPMorgan Chase Co. JPMorgan Chase ft Co. Condensed Consolidated Statement of Income Condensed Consolidated Balance Sheet For the year ended December 31, 2006 December 31, 2006 In millions, Revenue except per share data Assets In millions Investment banking fees743 words
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ECONOMY WATCH
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Article, Illustration541 2007-05-30 15 Minister says comparison with China unit may not be the right one Reuters [KUALA LUMPUR] Malaysia yesterday cautioned investors that its currency and China's yuan would not necessarily move in step with each other, questioning a long-held assumption in theReuters; BLOOMBERG - 541 words
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524 2007-05-30 15 It risks budget crisis unless healthcare spending is pared Bloomberg. AFP [PARIS] The US Federal Reserve should begin cutting interest rates only once inflation, excluding energy and food costs, has retreated, the Organisation for Economic Co-operation and Development said. In its annualBloomberg.; AFP - 524 words
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Advertisement50 2007-05-30 15 'mM ■•I t f t VJ ,r. *"i 2 v_ 1$' v ST. \O, |f k w*- -f-'i l ;T ,>\- 'fe "> r f S t i v r- t x* 'it r •"X ;< 'VI i >-*' J t Jfe r t I 1 i < i*" j50 words
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Advertisement342 2007-05-30 15 |*|redev Cash Flow from Commercial Real Estate dJlwnA QI/ou to our numerous existing Singapore investors for attending our recent investor partner Appreciation Dinner Reception hosted by our President Mr. Richard Crenian. (former Singaporean now living in Canada) and remind potential new investors who will be paid: 9.8% p.a.* CASH FL0W.....342 words
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Advertisement762 2007-05-30 15 Ik Codperatieve Centrale Raiffeisen-Boerenleenbank B.A. X Heed Office Croeselaan 18, P.O. Box ***** 3500 HG Utrecht, The Netherlands Singapore Branch Rabobank 77 Robinson Road #09-00 SIA Building Singapore *****6 EXECUTIVE BOARD FINANCIAL POSITION AND SOLVENCY Bert Heemskerk (H.), chairman inmHHon»of«uro« 2006 2005 Bert Bruggink (A.) Total Equity 29,377 26,349 Hans762 words
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INDONESIA
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250 2007-05-30 16 Reuters [JAKARTA] Indonesia's largest lender. PT Bank Mandiri Tbk, plans to lend up to two trillion rupiah (Ss3so million) each to the country's top two mobile phone operators, the bank's president director said yesterday. Agus Martowardojo told reporters that Mandiri was inReuters - 250 words
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466 2007-05-30 16 Total and Chevron among 25 companies whose contracts may be revoked Reuters, Bloomberg [JAKARTA] Indonesia is considering revoking licences of oil companies that fail to start developing oil and gas fields within 10 years, a senior government official said on Monday.Reuters,; Bloomberg - 466 words
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Page 16 Advertisements
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Advertisement533 2007-05-30 16 Poolside Cafe I UVH 4 Penang Food Fair by the pooiside in alfresco setting Lunch promotion rr mirkn 4U „f in p Savour the BBQ Beef, lamb Chop, Chicken, in the month of_/une Prawns Salmo Squid and many more Served daily on weekdays specialities prepared by our chefs from 11.45533 words
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Advertisement150 2007-05-30 16 Choose one Item from our selectton*«iHpC«l favourites and choice Via Mar I T* KmMaurmnt mnd Wina Bar Kt Esplanade MM rOl-ld/12. 1 r V m. 6423 0900 I Sfxinhh i/vi to/rv rriljunml ami win* Amr imln on omry W llfMl, /**W/w and rxoth (ocklnllb A t«*A> fntasl tin kling pig)150 words
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Advertisement52 2007-05-30 16 Specktßy/brhiay-hoKaMextcmfiestmin three course set hatches. OLE! NHByw .Ml w J I'^HF -x UW Date: 1 to 31 May Available for Lunch, Monday to Friday Price: From $18.50++ LV.V: 1 10 Tuas West Drive *****04 Tel. 6861 8000 Fax: 6861 1020 JKI v Email: ahoy@njfflesmarina.com.sg SJgggi/ Web Site: www.rafflesmarina.com.sg v ri52 words
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MALAYSIA
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Article436 2007-05-30 17 S JAYASANKARAN - RMl.7b deal boosts its international foray with 7 power plants abroad By S JAYASANKARAN in Kuala Lumpur WORKING out from Kuala Lumpur, senior officials from power, property and gaming firm Tanjong trumped 10 international bidders by early Monday morning to clinch a RMI.7 billion (*****.6436 words
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252 2007-05-30 17 Bloomberg [KUALA LUMPUR] Maxis Communications Bhd, Malaysia's biggest mobile operator, will boost its annual spending more than three times to expand high-speed services and raise coverage in Asia as mobile user growth slows at home. The Kuala Lumpurbased companyBloomberg - 252 words
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428 2007-05-30 17 PAULINE NG - They will initiate pilot projects on halal shipments By PAULINE NG There was also the possibility of attracting related businesses to the port. Over the past decade, Malaysia has emerged as a strong proponent of Islamic services and products, and is a leader428 words
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BRIEFLY ASIA
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107 2007-05-30 17 Reuters [BEIJING] China sentenced the former head of the State Food and Drug Administration to death for corruption, state media reported yesterday, in an unusually harsh sentence which could be reduced on appeal. Zheng Xiaoyu was convicted on charges of taking bribes andReuters - 107 words
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89 2007-05-30 17 Reuters [BEIJING] Chinese police have arrested a businessman once listed as one of the country's 100 richest men on fraud charges, state media reported yesterday. Sun Shuhua was arrested on Monday in the central province of Henan, suspected of swindling 1.36 billion yuan (*****.7Reuters - 89 words
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79 2007-05-30 17 AP [TAIPEI] Taiwan's ruling Democratic Progressive Party (DPP) formally nominated former premier Frank Hsieh as its presidential candidate yesterday, capping an unlikely comeback for the sharp-tongued lawyer who burst into prominence defending political dissidents 27 years ago. Mr Hsieh, 61, clinched the presidential nomination byAP - 79 words
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105 2007-05-30 17 Reuters [JAKARTA] Indonesia raised its 2007 budget deficit target yesterday after cutting its revenue forecasts and said it may increase substantially its bond sales to finance the bigger shortfall. Finance Minister Sri Mulyani Indrawati told Parliament the government was proposing to increase the budget deficitReuters - 105 words
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54 2007-05-30 17 AFP [JAKARTA] A strong 6.1 magnitude quake struck off north-east Indonesia yesterday, cutting off power supplies in a nearby town, the Meteorology and Geophysics Agency here said. The undersea quake struck at 6.36 pm just 40 km south-east of Labuha town on Bacan island inAFP - 54 words
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Advertisement161 2007-05-30 17 K-. -!.'jgr 4 *fc r r'3*- v INTIMIDATING IN STYLE. NEVER IN PRICE. from $155,000 **-K: feftii T ,«Hfc¥MP ,-V-V' ,-f •v- v > v" '■■'>" .'-•*< >-x<^ CHRYSLER 300 C CHRYSLER 300 C TOURING 1 ■S 1 I O I t 5 a f'i -i i THE CHRYSLER 300161 words
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GREATER CHINA
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Article, Illustration236 2007-05-30 18 Reuters, Bloomberg [HONG KONG] The king of Macau's gambling industry, Stanley Ho, yesterday paid HK513.76 million (552.7 million) for an imperial throne at an auction here that Christie's said was the highest ever bid in that art category. Mr Ho, 85, made the winning bidReuters,; Bloomberg; AFP - 236 words
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Article2470 2007-05-30 18 VOL May29 RM ♦<- C000) A&M Realty .2.51 -0.05 16 Abric Bhd .0.29 -0.01 5 Advance Synergy —0.29 -0.01 254 AdventaBhd 1.20 -0.01 119 Ae Multi Hldgs 0.30 -0.02 81 Affin Holdings 2.33 -0.01 1220 Ahmad Zaki Resou 2.94 0.01 33 AicCorp 0.55 -0.01 45 AirdSld Bhd .2.012,470 words
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311 2007-05-30 18 AFP [BEIJING] China may soon give the green light to individual direct investments in overseas stock markets in a bid to ease excess liquidity and growth in foreign exchange reserves at home, state media reported yesterday. The regulator may also allowAFP - 311 words
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493 2007-05-30 18 JANE MOIR - Territory fears losing core business as mainland seeks to develop its own markets By JANE MOIR in Hong Kong HONG KONG'S stock market is finally looking further than China for listings as the gravy train of mainland IPOs begins to slow, but many493 words
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201 2007-05-30 18 Reuters [SHANGHAI] The number of stock accounts in China has likely exceeded 100 million for the first time, as investors are lured to a market which has jumped 60 per cent so far this year, the official Shanghai Securities News saidReuters - 201 words
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Page 18 Advertisements
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Advertisement165 2007-05-30 18 Of course, you can go on to buy a bigger SUV. But would tftat be-politically correct? JrWjtohtoc*,.. With the Terios 1.5 L Crossover, r_ you can be more socially responsible. $Q*r ii EMim 11H vnwnfZfiw^fvyiVWKTTTTrEITIT^YTTiYTTSTMTVI Up till now, most SUVs are large, thirsty behemoths that seldom leave the paved roads.165 words
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INDIA
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Article, Illustration335 2007-05-30 19 [MUMBAI] The Bombay Stock Exchange (BSE) crossed the US$l trillion milestone in terms of market capitalisation on Monday on the back of soaring share prices and an appreciating rupee, the Press Trust of India reported. The combined market value of all the companies listedAP - 335 words
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401 2007-05-30 19 Tata Steel to take 65% stake in 4.5 m tonne plant, hold 30% of mine Bloomberg [HANOI] Tata Steel, the world's sixth-largest steelmaker, and Vietnam Steel Corp plan to spend US$3.5 billion on a steel-and-iron ore venture in the Southeast AsianBloomberg - 401 words
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243 2007-05-30 19 The Economic Times [NEW DELHI] A move is afoot in India for the government to acquire and auction property held under false names. A proposed amendment to the current law on benami transactions being processed by the Law Ministry at presentThe Economic Times - 243 words
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Advertisement2297 2007-05-30 19 WAT-3 m NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg I BUY IT -SELL IT -FIND IT KIOD /I R Head Office Friedrichswall 10, D-***** Hannover, Germany kll Tel: (0511) 361 0 Fax: (0511) 361 2502 Norddeutsche Landesbank Girozentrale Singapore Branch 6 Shenton Way #16-08 DBS Building Tower 2, Singapore *****9 Tel:2,297 words
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MIDDLE EAST
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272 2007-05-30 20 Northrock sale comes after pressure from big investors Bloomberg [HOUSTON] Pogo Producing Co, a US oil and naturalgas producer, has agreed to seli its Canadian unit to Abu Dhabi National Energy for US$2 billion in cash. The sale of NorthrockBloomberg - 272 words
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Article, Illustration227 2007-05-30 20 AFP [DAMASCUS] Syrian President Bashar al-Assad has won a second seven-year term in office after netting more than 97 per cent of the vote in a referendum, the interior minister announced yesterday. Bassam Abdel Majid told a press conference that Mr Assad, 41, won aAFP; REUTERS - 227 words
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236 2007-05-30 20 Reuters [ABU DHABI] Owners of London-based The Big Bus Co, which runs hop-on hopoff tourist buses in the British capital, Baltimore and Dubai, sold a 30 per cent stake to a Gulf Arab family, Abu Dhabi's A 1 Fahim GroupReuters - 236 words
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Article1324 2007-05-30 20 UNIT TRUSTS FUNDS urcn 1 i mm. AMGM»«Minia «Ji r*c rwttotb w* (D«*iW in uu5» axwg iJSPvSi oSkwwkJ iwmoo* I ia Sga?5gSgL gftgfl&t jj™* ESIEME1 iiSxsEiis wfinot^Sr^wfca gs:sgsfflr=; s# ££53~ .ussss ££?<& a lass fir"r=; :i pa== 8 lilii =!i wm=& f ife=i ii SBS iSi! sSST ssisw ~I aB»geA&1,324 words
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Advertisement53 2007-05-30 20 Allianz Global Investors one of the world's largest asset managers with more Allianz i 171 nAmmhar Global Investors than US$l.2 trillion assets under management as at 51 uecemDer zuuo SCORE IN EMERGING MARKETS Try our online quiz at www.fronklintempleton.com.sg and win attractive prizes!* FRANKLIN TEMPLETON INVESTMENTS *Terms and conditions apply.53 words
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ASIA-PACIFIC/WORLD
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391 2007-05-30 21 Decision expected today, could plunge nation into chaos Reuters [BANGKOK] Security has been tightened in the Thai capital as the country's top constitutional judges were set to decide today whether to disband two major parties and ban their leaders from politicsReuters - 391 words
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Article, Illustration626 2007-05-30 21 New deal ups cash portion of past bid; beats rival Barclays' 64b euros offer AP, Reuters [AMSTERDAM] A consortium led by Royal Bank of Scotland has launched a 71.1 billion-euro (*****.5 billion) bid for Dutch group ABN Amro, trumping Barclays inAP,; Reuters; REUTERS - 626 words
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329 2007-05-30 21 LATEST US DATA Reuters [NEW YORK] US consumer confidence rose more sharply than expected in May as a more upbeat business outlook and a surging stock market overshadowed the impact of record gasoline prices, a survey showed yesterday. The Conference Board said itsReuters - 329 words
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Advertisement1113 2007-05-30 21 QCIMB CIMB Bank Berhad (i349i-P) (Incorporated in Malaysia) (a) The capital adequacy ratios of the Bank are as follows: ThtßuT T GfOU P nw** 2006 2005# 2006 2005 2006 2005 RM'OOO RM'OOO 000 RM'OOO RM'OOO RM'OOO 5Q***** Casrfand short-term funds 19,069,464 10,115,613 16,721.666 8.905,326 cawtal 4,414,168 2.651.596 Securities purchased under1,113 words
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WORLD
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392 2007-05-30 22 More transparency in market, cross-border free flow of oil and gas products needed Bloomberg [DARWIN] Asia-Pacific Economic Cooperation (Apec) nations have agreed to seek closer cooperation between oil and gas companies to improve energy trade flows and supply security. All companies, not justBloomberg - 392 words
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Article, Illustration143 2007-05-30 22 Bloomberg [TOKYO] Riyo Mori won the Miss Universe beauty pageant held in Mexico City on Monday evening, the first Japanese contestant to do so in 48 years. The 20-year-old from Shizuoka Prefecture, central Japan, aspires to become a dancer on New York's Broadway, having startedBloomberg; REUTERS - 143 words
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468 2007-05-30 22 Reversal of private capital flows to hit developing nations Reuters [WASHINGTON] Slower global economic growth has increased risks for developing countries, especially if the record levels of private capital that has flowed into these markets is reversed, the World Bank said yesterday.Reuters - 468 words
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Advertisement133 2007-05-30 22 Wff More choice for smort drivers l I ">*■ 9H I 1231 JHIBV^^^H 1 Choice of Workshop I I OflVO •0% Interest Instalment Plan I B More choice for smart drivers 24-hour Personalised Assistance I drivo™ NTUC Income's NEW Motor Insurance gives you MORE Choice. And YES, 2| a you133 words
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Advertisement733 2007-05-30 22 PACIFIC ANDES (HOLDINGS) LIMITED (Incorporated in Bermuda with limited liability) NOTICE IS HEREBY GIVEN that a Special General Meeting of Pacific Andes (Holdings) Limited (the •Company") will be held at Ballroom 2, Level 2, Grand Hyatt Singapore, 10 Scotts Road Singapore *****1 on Monday, 18 June 2007 at 10.30 a.m.733 words
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MOTORING
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Article, Illustration723 2007-05-30 23 SAMUEL EE - They remain stable; rather, one insurer is cutting its rates for new policies By SAMUEL EE motorist's case, the estimated AXA premium is expected to be about $1,580. As for NTUC Income, research estimates put its average premiums at 5 per centFILE PHOTO - 723 words
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Article, Illustration420 2007-05-30 23 SAMUEL EE - Borneo delivers 12 Euro 4-compliant trucks to CWT By SAMUEL EE IN what could turn out to be a battle of the juggernauts, Borneo Motors has delivered its first batch of Euro 4-compliant Hino prime movers to logistics company CWT Ltd in a deal420 words
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Advertisement130 2007-05-30 23 otl :i T< yy, Sr^irTiri^-1 wmjp" m m m M M rA m( A JSjt it I r* car—» y p I -SO K -y^H .^^■|H|||Hp| —v ~d€aB«MM^M^MBMMMB« THE VOLVO C3O C7o*. WHO SAYS SAFETY CANT BE SEXY? DRIVING A VOLVO HAS ALWAYS BEEN PURE PLEASURE NOW, THE SLEEK UNES130 words
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AVIATION
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Article368 2007-05-30 24 But Beijing unlikely to scrap airline's plan to sell nearly 25% stake to SIA Reuters [SHANGHAI] China Eastern Airlines' US$l billion equity deal with Singapore Airlines has raised concerns in Beijing over share issuance and the Singapore government's role, sources close to the deal saidReuters - 368 words
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Article, Illustration453 2007-05-30 24 VEN SREENIVASAN - By VEN SREENIVASAN CHANGI Airport's $1.75 billion Terminal 3 is receiving its final touches before it is due to start operations in the early days of the new year. The 380,000 sq m seven-storey terminal, built by Japan's Shimizu Corp, received its TemporaryTERENCE TAN CS/THE STRAITS TIMES - 453 words
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Article2421 2007-05-30 24 CITY FUCWT ETA fUGMT FTP Abu Dhabi S0456 1300 Adelaide LH9771 1750 LH9770 2345 SQ268 1750 SQ269 2345 Ahmedabad ***** 0740 Amsterdam SQ323 0630 AZ3993 2245 AZ3992 1555 KL838 2245 KL837 1555 L***** 2345 SQ324 2345 Athens SO348 0100 Atlanta AC5202 2335 AC5203 0645 UA895 23352,421 words
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335 2007-05-30 24 VEN SREENIVASAN - By VEN SREENIVASAN AUSTRALIA'S national carrier Qantas and its domestic discount unit Jetstar got the thumbs-down from Australian travellers, while Singapore Airlines (SIA) and a Singaporean-owned domestic carrier were voted tops in their respective category. Some 4,000 readers polled by consumer335 words
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217 2007-05-30 24 AFP [PARIS] Top managers at Airbus parent company EADS knew about aircraft production delays likely to depress the company's share price when they sold their stock options in March, a French daily claimed yesterday. The French stock market watchdog is investigating the stock option saleAFP - 217 words
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467 2007-05-30 24 Partisan bickering puts on ice new jet acquisitions Reuters [TAIPEI] The military balance across the Taiwan Strait is continuing to shift in China's favour, with Taiwan fast losing ground to its diplomatic rival in its last remaining area of dominance in theReuters - 467 words
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Page 24 Miscellaneous
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Miscellaneous140 2007-05-30 24 CRYPTIC CROSSWORD DOWN 1 Flourish a cereal bowl (8) 15 Join in a very loud number (5) YESTERDAY'S SOLUTION 1 tepopuS' was Z rally fStM Vanquish. 6 Top dog. 9 wprw 18 i r3rnowork KOOIS ovor with n <« > < 1. << >. Vory smaii w aHHoH vA/oinht Stro140 words
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SHIPPING
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619 2007-05-30 25 DONALD URQUHART - Landmark move seen as a vote of confidence for Singapore as Asia maritime hub By DONALD URQUHART [SINGAPORE] Asian shipowners have taken a major step in strengthening the global voice of Asian shipping with the setting up of a permanent secretariat to619 words
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177 2007-05-30 25 Bloomberg [HONG KONG] Orient Overseas (International) Ltd, owner of Asia's sixthlargest container shipping line, has placed a U5566.2 million order for a vessel from Samsung Heavy Industries Co to expand its fleet. The ship, with a capacity of about 4,500 standard 20-foot boxes, willBloomberg - 177 words
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Advertisement1665 2007-05-30 25 total integration solutions for shipping companies and tdetr vesseCs Our technology Is the most complete, robust, scalable and fully Integrated end to end solution for maritime Industry. We offer hosting, maintenance, application development, and design, built With the most powerful technologies and I* supported by the most advanced strategic IT1,665 words
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EDITORIAL & OPINION
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Article502 2007-05-30 26 EDITORIAL JUST when it was looking increasingly likely that the two governments could ink a deal to open up air routes between between Malaysia and Singapore this year, Malaysian leaders have thrown cold water on the idea. Last week, Malaysia's Deputy Prime Minister Najib Razak502 words
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Article, Illustration959 2007-05-30 26 STEN TOLGFORS - The two countries have a long-standing tradition of interaction and trade By STEN TOLGFORS IT is sometimes perceived that globalisation is something that has already happened, the effects of which will fade away. But the reality is different: globalisation is only startingYEN MENG JIIN - 959 words
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Article, Illustration701 2007-05-30 26 NEIL BEHRMANN - THE BOTTOM UNE NEIL BEHRMANN London Correspondent INVESTMENT bankers and brokers have become so greedy that the Bank For International Settlements (BIS), the central banks' central bank, has found it timely to give them a stark warning. It says that investment701 words
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Article, Illustration923 2007-05-30 27 YOGI AGGARWAL - Even as 'big pharma' reels under intense competition from Indian firms for essential medicines, they are fighting a rear guard action YOGI AGGARWAL HE battle over patents for medicines is getting increasingly dirty. Even as "big pharma" reels under intense competition from Indian companiesBLOOMBERG - 923 words
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Article482 2007-05-30 27 Ko Kheng Hwa - LETTER TO THE EDITOR Ko Kheng Hwa, Managing Director, Economic Development Board EDB regrets the decision by UNSW to close its Singapore campus but respects it as a business decision the UNSW has taken after finding that the initial student intake had fallen considerably482 words
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Article, Illustration747 2007-05-30 27 ANDY MURKHERJEE - ANDY MURKHERJEE HE United States is angry with Thailand for encouraging copycats to undercut American intellectual property. The Commerce Department in Washington wants Thai officials to reverse their controversial decision to break patents on several drugs used in treating AIDS, heart ailments747 words
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Article9004 2007-05-30 28 SGX MAINBOARD Transaction date: May 29 52-Wk Tel Last Vol Day Last Quote Div GrVM Net MCap High Low Code Company Sale +1- 000) High Low Buyer Seller Cvr Wt Sb»I j 18 6 3148 WhSSST*"" 17 !o? 1336 17.5 17 16 5 17 4 7 0 99,004 words
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Advertisement42 2007-05-30 28 phoenix KaBIW widd WIS 11(11 Mfl wfL lil China I i 10< 1 Pranca W< Make an affordable call w** w HOO9 Kong CI Ot I Italy I lot —IBBMBi— Japan I J 1* K|F"ff Free Subscribe Now! J jt 1 mi42 words
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Article5893 2007-05-30 29 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In SS In US$ dy yr dy yr dy %yr May28 Index Change Change Change Change Change Change World Index Preliminary 1179.5 0.1 7.2 0J 75 0.1 7.9 t EAFE Preliminary 1187.1 0.2 72 02 7.7 0.2 8.1 Europe Preliminary5,893 words
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Advertisement17 2007-05-30 29 UphillipCapital Brouaht to vou bv Phillio Futures Pte Ltd fA member of PhillioCaoitah YOUf Partfl©r 111 Fill9nCo17 words
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Advertisement1712 2007-05-30 30 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination NIPHANAREE RDM/ATW/BMN/TLB/NAN STXPOTBN CAM/NFK/NCX/SAV Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.EJS.E.A. SERVICE Destination Destination PAN VOYAGER DBI/ABU/DOH/BRN/DMM/KWT STXPOTBN INC/BSN PAN BRIGHT JDH/BJA LAURADA DBI/DBU/DOH/BRN/DMM/KWT Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES Tramping for bulk,1,712 words
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Advertisement681 2007-05-30 30 IINTIRAHA ROUP SIKVICI VCSa/VOT RAAPffT) WGHnm PRO KOj ia sm *T STIAITS SUCCESS 17 10 43 22/05 STUAITS EXPRESS 11 30 4.0 27/05 31/05 03/04 05/04 IAUSTtAUAN tOtO SERVICE VCSa/VOT RAMPffT) HBCHIP) I ICi I SIN I II SYP MB API FRI POSITIVE LEADER/010 100 5.0 11-12/05 24-24/05 28-28/05 30-31/05681 words
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Advertisement1536 2007-05-30 31 WAN HAI INTERNATIONAL PTE LTD aNO nmsmmoo/R rTrA till P T1L*****338 (14LINES) FAL6224U63 1 WAN HAI I INFS S«Yk./lookingsDfractUrn-(1800)*****200 Y V "W1 Imi klllLv F*118:(03)3346H51FAX:(03)J*****MrtN 11:|M)*****00FAX:(OOStMff r JOM TH: (07) 251*923 FAX: (07K51*921 SUR IB: (031) *****7S FAX: 1031) 32*2714/ *****05 www wanhai com IB *TIB:(021)S2S4IMFAX:(021) S2S47MPIMIK:7I43M/*****1 FU*****9 IM—lllli ■MINIMI1,536 words
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Advertisement1163 2007-05-30 31 EASTERN CAR LINER, LTD I I SPECIALIZE IN RORQ HEAVY UFT UPTO 450 TOHS~| 111 II" ii"> I SIM I m I rwN 1 JKT 1 MUA I m 143 tfi 30/ PS 01/04 COSMIC LEADEK 82 40 60 08/06 10/06 12/06 I ESUELLA ETEItNA 144 ft I MITSI R7BS1,163 words
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Advertisement170 2007-05-30 31 mwamrn BREAKBULK A CONVENTIONAL SERVICE WRICT SERVICE FROM S PORE TO KARACHI ivtssa. I votagc etaswoapqre eta Karachi ISIAMAIAO| M2HW 29.05.2007 09.06.2007 l IQtAH or subs ITU Xjjjgjyg? e-**P* SEA-PAC MANAGEMENT PTE. LTD. 70 Anson Rood #10-06/08 Apox Tawir, Singapore *****5 ToUphono: 6270 0977 II FactimiU: 6275 2309 Tolox: RS170 words
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Advertisement697 2007-05-30 31 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN ANO WESTERN ICO POINTS W I stw I noaw I COIOMO I w shph I coumuo IUUHH Illffl £11 owi 03juw EJB muw mm 2121 ML-JOB an in lIJMI mn« rmm mm muw njuw itjuw wjw ujuw AUO ACOPIM6 FQIO COCHK697 words
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THE BUSINESS TIMES SHIPPING TIMES
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6805 2007-05-30 32 This ETA ETA Advertiser Vessel Voyage Telephone SIN Deffn Name Name Number Number 1 i' y To ABIDJAN (ABJ) 2003 Cote D'lvoire 06/06 15/07 Delmas FLORA DELMAS 723W *****344 16/06 18/07 Delmas URSULA DELMAS 724W *****344 16/06 27/07 Delmas URSULA DELMAS 724W *****344 To6,805 words
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Advertisement2551 2007-05-30 34 1 Consolidated Balance Sheet according to IFRS as at 31 st December Consolidated Income Statement according to IFRS for the year 2006 and 2005 ended 31 st December 2006 and 2005 2006 2005 2006 2005 Assets €m m Income Statement m m Cash funds 5,191 4,295 Net interest and current2,551 words
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Advertisement178 2007-05-30 34 In the Matter of The Companies Act, Cap. 50 And In the Matter of SUNDROP MARKETING PTE LTD (Co. Reg. No. *****6072R) NOTICE OF CREDITORS' MEETING PURSUANT TO SECTION 296 OF THE COMPANIES ACT, CAP. 50 NOTICE IS HEREBY GIVEN that pursuant to Section 296 of the Companies Act, Cap.178 words
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EXECUTIVE MONEY
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1157 2007-05-30 35 LARRY HAVERKAMP - Fund returns occur randomly from year to year and fund analysts are not able to consistently generate above-average returns By LARRY HAVERKAMP ERHAPS the biggest question in investment today is: Do actively managed funds add W value? These funds hire expensive analysts r1,157 words
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Article223 2007-05-30 35 WHAT determines a fund's performance? Is it luck or skill? I ran two types of tests to find the answer. First, I took our 430 CPF-included stock and bond funds. Of these, 98 have been in business since 2000. For that group, I looked at223 words
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Article, Illustration839 2007-05-30 36 JOSEPH CHONG - MONEY MATTERS Global diversification among asset classes makes the most efficient portfolios by delivering the highest returns for any given level of volatility JOSEPH CHONG MUCH has been written about the benefits of centred on alpha, beta, sigma and correlation coefficients, which is Greek to mostAFP - 839 words
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Article, Illustration1202 2007-05-30 37 GENEVIEVE CUA - Whether you're a property agent, company director or homemaker, Joel Bauer can teach you how to market, writes GENEVIEVE CUA GENEVIEVE CUA N invitation to interview corporate pitcha. man Joel Bauer came with an intriguing anecdote. Mr Bauer was said to have iSf m clinched aJOHN HENG - 1,202 words
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Article, Illustration1260 2007-05-30 38 GENEVIEVE CUA discusses issues to watch out for if you have invested, or are considering an investment, into a fund with a performance fee HOW equitable are performance fees? Could you as a long-term investor implicitly pay more in fees than those who jump inFILE PHOTO - 1,260 words
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Advertisement9 2007-05-30 35 Tune in to Radio 91.3 FM 100% pure fun9 words
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Advertisement755 2007-05-30 35 Notes stfaSw Credit-linked Notes P Tranche A (USD) Tranche B (SGD) Years 1-5.5 Interest Rate: Interest Rate; per annum |5.2% per annum Tranche A (USD) Tranche B (SGD) Years 1 -5,5 j p Interest Rate: Interest Rate: 14% per annum 4% per annum Hfe \mi\ ——_l____ tfESBESh, E Qulty Bonus755 words
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Advertisement851 2007-05-30 36 v' m^w^SSMr RaboJat Ctrts Strlts 1 will be launched on the Singapore Exchange Securities Trading Limited (SGX) on 7™ June 2007. Linked to the share price performance of DBS Group Holdings Ltd, Capita Land Limited, Singapore Telecommunications Limited and Singapore Airlines Limited Daily lock-in feature with a maximum rate of851 words
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Advertisement26 2007-05-30 37 HEDGE YOUR RENTAL BUY NOW FOR SALE; —c Approx 8,000 sq ft (whole floor) Freehold Prime Office Space n% Strategic Location Bugis MRT Outside CBD DTZ26 words
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Advertisement506 2007-05-30 37 v ■y'i SCORE WITH THE STAR PLAYERS IN EMERGING MARKETS When it comes to making the right moves in emerging markets, Rapid population growth is fuelling strong consumer spending in Franklin Templeton Investments is in a league of its own. large developing economies such as India and China. Emerging As506 words
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Advertisement18 2007-05-30 38 MONEY MATTERS The benefits of diversification PAGE 36 When building your legacy, one philosophy works best. Assume nothing.18 words
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SingaporeCorporateAwards
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Article, Illustration747 2007-05-30 39 Siow Li Sen - By Siow Li Sen THE state of corporate governance of companies in Singapore has come a long way since the dark days of the 1997-98 Asian financial crisis. A decade on, Singapore is consistently ranked a leader in corporate governance standards by various surveys, testifying to the747 words
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Article, Illustration1114 2007-05-30 40 SIOW LI SEN - SIOW LI SEN looks at how companies have stepped up to the challenge of improving corporate governance SIOW LI SEN THE development of corporate governance in Singapore started in earnest in the aftermath of the Asian financial crisis and as in many things in this city, it1,114 words
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Article, Illustration1365 2007-05-30 42 SIOW LI SEN - CapitaLand's no-nonsense CEO Liew Mun Leong tells SIOW LI SEN management should be decisive, not consensual SIOW LI SEN PRICES of everything from equities to commodities to real estate seem to be rising relentlessly, and a benchmark price set just months ago can look likeARTHUR LEE - 1,365 words
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Article, Illustration1603 2007-05-30 44 CHUANG PECK MING - Chuaiuc Peck Ming learns how Teh Bona Lim transformed a $180,000 investment into a billion-dollar takeover target CHUANG PECK MING WHEN Teh Bong Lim read the news that a local company was taken over for a hefty $50 million, it became the catalyst for him to start MMIYEN MENG JIIN - 1,603 words
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Article, Illustration1151 2007-05-30 45 KEVIN KWOK - Annual reports need not weigh a ton to benefit investors, Kevin Kwok explores more efficient ways to communicate information KEVIN KWOK THERE was a recent report in the Financial Times that the British postal service had to limit the number of HSBC annual reports carried by itsFILE PHOTO - 1,151 words
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Article, Illustration1035 2007-05-30 48 JUNE LEE - Applying good corporate governance priciples to family businesses can preserve wealth and prevent a dynasty from fading away, writes JUNE LEE JUNE LEE WHILE corporate governance has been a long-established principle in the business world, the concept of family governance is still relatively new.REUTERS - 1,035 words
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Article, Illustration1252 2007-05-30 49 SIOW LI SEN - SIOW LI SEN talks to Siew Peng Yim on his turnaround plans for HTL International SIOW LI SEN IT'S been a tough 12 months for Siew Peng Yim, chief financial officer of HTL International Holdings. On top of the normal duties of managing theFILE PHOTO - 1,252 words
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Article, Illustration783 2007-05-30 50 As stakeholders demand more than financial returns, companies are increasingly taking up the cause of sustainable development THE CEO sits back to reflect on the briefing material she has just been shown in advance of her next institutional investors' meeting. In addition to the very positive financialAFP - 783 words
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Article, Illustration1092 2007-05-30 51 SIOW LI SEN - SIOW LI SEN learns that clear and open lines of communication with shareholders are essential for companies to fuel long-term investment SIOW LI SEN INVESTOR relations, or IR, may be a fairly new concept but many Singapore companies have cottoned on that communicating well with shareholdersFILE PHOTO - 1,092 words
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Article, Illustration1311 2007-05-30 52 BOB YAP - bob Yap examines a strategic approach to fraud risk management BOB YAP THE big corporate failures in recent years, such as that of Enron, have become the stuff of legend. In their wake have come much hardship to various stakeholders of the organisation. These include shareholders,REUTERS - 1,311 words
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Article, Illustration1071 2007-05-30 52 DAVY LAU - By DAVY LAU CEOs have become media stars in recent years. Often, it's because of the great things they have achieved, but sometimes it's for their failures. Books written by or about CEOs have found their way to bestseller lists, and on to the shelves of major1,071 words
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Article, Illustration1069 2007-05-30 53 KATHRYN YAP - Having board members from diverse backgrounds and skill sets is neccessary for businesses in an increasingly globalised world, says Kathryn Yap KATHRYN YAP IT'S ironic. Although western corporations are undertaking significant expansion into Asian markets, many of these companies have failed to take the essentialBLOOMBERG - 1,069 words
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Advertisement216 2007-05-30 39 Inside: Winning drive page 6 Keeping it ali in the family Page 10 Being socially aware Page 12 Western boards need Supplement Editor I writer: Siow Li Sen Copyeditor Eiaine Koh Sub-editor: Judy Louis Rosenbacti Photographers: Arthur Lee. Yen Meng Jiin Cover design: Jason Leong r r---Hjlßi Congratulations to our216 words
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Advertisement256 2007-05-30 40 7 f~ —T —M ~v —r rr* 7—: J J.' V V >v; v 'V >■'•** k >t mg Singapore Food industries Limited f775 Key excerpts from the SFI Annual Report 2006 Chairman's message We will continue to look at acquisition opportunities where they fit in with our core competencies.256 words
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Advertisement110 2007-05-30 41 Excellence in corporate governance and shareholder communication is highly valued at ÜBS, which is why we are especially proud to support the Singapore Corporate Awards and their work to champion best practice in this increasingly important area. We share a vision for the future that stems from a desire to110 words
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Advertisement88 2007-05-30 42 Jgfc^B^WWAWSrW^WflSWlliro^^lZy^W^i > -"I f Members of Natural Cool Holdings Limited NATURAL COOL' S-Team Switchgear Private Limited Natural Cool Airconditioning ■NC (Camhodia) Co.. Ltd. Qg HOLDINGS LIMITED VNS Manufacturing Pte. Ltd. Engineering Pte. Ltd. NC (Shanghai) M&E Co., Ltd VI 0 17 VNS Switchaear (India) Pvt. Ltd. Natural Cool Investments Pte.88 words
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Advertisement220 2007-05-30 43 VMulti#Chem f| m The Hole Solution Provider mWfc Multi-Chem Multi-Chem is honoured to be awarded the Mk *'tt. f BMfe s A H HPHk m .H ai Silver Award for 'Beet Annual Report market Singapore Corporate Awards 2007 m w^i' L rm>rn "t^ 8 T :t .m. >' i^fl yf220 words
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Advertisement60 2007-05-30 44 Global Network. Integrated Solutions. ,s~<i ia£. Mi. ■■mim —wgj RwPp .'fs'a4^EE e ™^^Hlj^^^^*6ass6ss^Br»=e^^™*i3el^^^^^^^^^K^F Ihw9 R "Si r fltfr WE W^T =TTMTTTn7n?TST7^^^^HnHHHI^V^^n -r iiiliiffmy >£Js£, iw r HT JqjL 0 pjTgTO ||jjjj^ 3 SembCorp n^V' Marine peqpie developer SINGAPORE 29 Tanjong Kling Road Singapore *****4 Tel: (65) 6265 1 766 Fax:60 words
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Advertisement71 2007-05-30 45 Router m Wireless Adapter 7* '^jHH»-. Home Plug A i .y\ jXjJPr^^^^^^B^^^^^Powerline>A I j^Tr ■yfi^L .-;.rtdClilUf inner Investor Relations ■•'"A si Sliver Award Digital Cordless Lt I Phone that our commitment lized with the the Best at the ip phone Corporst6} \wards 2007. We will continue to strive for O71 words
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Advertisement9 2007-05-30 46/47 tt'' 9 i"9^HH^VnTCffxarco Slngapo 0 2007 www.capitaland.com BUILDING PEOPLE9 words
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Advertisement186 2007-05-30 48 nr wtmf MegaChem is a global one stop specialty chemical solutions provider. We provide ;Wmi integrated value-added services including international distribution, contract t 'W I manufacturing of specialty chemicals as well as proprietary chemical products z SCL manufacturing to meet our customers' requirements. 1 1 J ~Our international distribution network186 words
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Advertisement116 2007-05-30 49 GOLD BtST MANAGED BOARDS AWARD BI S F INVESTOR RELATIONS AWARD HI S I ANNUAL REPORT AWARD In the i aU'noiA ol in,mi hoard iisll niiiipanii's with market eanilahsat ion ol SS.>()() million or more SINGAPORE CORPORATE AWARDS BEYOND AWARDS With our global footprint spanning 33 countries. Keppcl is focused116 words
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Advertisement49 2007-05-30 50 in ih-im,.-Vii 7~" > 1 II 1 f B| y vxsffls&F SP Chemicals Ltd. has been awarded 'The Best Investor Relations Award' (Gold) chemicals in the mid cap category (market cap of less than $500 million) of the Singapore Corporate Awards 2007. China's leading chemical www.spchemicas.com K raw materials producer49 words
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Advertisement76 2007-05-30 53 k i3sm PI fet. A M k tslP I JPI k, k 1 S^l A iV. jfll Exceptional Value jh 1/ rm i AtSMRT, we believe good.corporate governance is the H cornerstone for strong *sh^9^Efl^^H can be to create value W 'f jj fWjpi 1 Best Managed Vnl Best Investor76 words
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Advertisement20 2007-05-30 54 Partn»r«' Supporting partners: Official magazine: Organised by: Supported by: Founding sponsor: fanners. THE BUSINESS TIMES H ÜBS A Eg— Hewltt20 words
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