The Business Times, 11 May 2009

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Total Pages: 28
1 28 The Business Times
  • 20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sft\ A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Monday, May 11,2009
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  • 585 1  -  NEIL BEHRMANN Stocks with poorest fundamentals have risen by around 56% By in London IN A stark reminder that a crisis also presents opportunities, shares of struggling companies whose stock prices were bombed out two months ago have been among the best performers in
    SC Global Strategy  -  585 words
  • MARKETS DIGEST
    • 51 1 iT Index 2,238.21 +317.93 I COMP 1,026.78 +36.04 IIKKEI225 9,432.83 +455.46 IANG SENG 17,389.87 +1868.88 ;et INDEX 527.72 +36.03 JAKARTA COMP 1,862.53 +132.95 1ANILA COMP 2,241.98 +138.48 ;eoulcomp 1,412.13 +42.77 ;henzhenb 387.79 +22.68 IUMBAI IND 11,876.43 +473.18 )OW 8,574.65 +362.24 IASDAI 1,739.00 +19.80 ;&P 500 929.23 +51.71 =TSE 4,462.09
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    • 29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.53 HONG KONG 5.00 INDONESIA 16.773 TAIWAN 4.826 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • 45 1 IS$ (S$ per US$) 1.466 (USS/SS >er£) 1.503 2.204 EURO (US$,S$/E) 1.340 Foreign currency per US$ 1.966 S$ 'EN 99.40 67.80 3.521 2.401 IK$ 7.750 5.286 !AHT 34.88 23.78 lUPIAH 10,380 7,079 lENMINBI 6.821 4.652 INDIAN RUPEE 49.37 33.67 1.324 0.903 IZ$ 1.682 1.147
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  • 690 1  -  TEH SHI NING Downturn hits more companies but pessimism is waning By [SINGAPORE] Businesses are now less pessimistic about the next six months, although business conditions deteriorated in the first quarter, the BT-Uni-SIM Business Climate Survey has found. Even so,
    YEN MENG Jll IM  -  690 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 54 1 y* l$ DINING OUT FORMULA ONE J?\ BizlT VIEWS FROM THE TOP Eat your way to Button extends lead Jf Unified Communications Top execs on whether Singaporeans A better health with win at Barcelona on radar of local firms are well-prepared for a pandemic T PAGE 14 PAGE 18 gM^^^^
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  • TOP STORIES
    • 870 2  -  ANDREW MARKS WALL STREET INSIGHT Many of the bullish strategists are far less certain of the market's prospects By in New York MANY Wall Street analysts and equity investors hope that last week's release of the results ofthe US government's stress
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    • 511 2  -  ARTHUR SIM By [SINGAPORE] United Overseas Bank (UOB) chairman Wee Cho Yaw has called for a review of bankers' current compensation framework as it encourages greater risk-taking for shortterm gains. He said that as financial rewards are based on short-term targets
      FILE PHOTO  -  511 words
    • 256 2  -  TEH SHI NING More than half of firms expect sales to pick up by then By [SINGAPORE] The Republic's economy will start to pick up in the first quarter of 2010, going by companies' expectations of when sales will rise, according
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    • THREE-MINUTE DIGEST
      • 67 2 BUSINESSES are now less pessimistic about the next six months, although business conditions deteriorated in the first quarter, the BT-UniSIM Business Climate Survey has found. Even so, the decline in sales, profits and new business orders has significantly slowed. The
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      • 47 2 IN A stark reminder that a crisis also presents opportunities, struggling companies whose share prices were bombed out two months ago have been among the best performers in the extraordinary global surge on Wall Street and European exchanges. FRONT PAGE
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      • 77 2 MANY Wall Street equity investors hope that last week's release ofthe results ofthe US government's stress test of 19 major banks will end fears of a collapse of the financial system. But with questions over the banks' survival put to
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      • 74 2 AMID a growing list of corporate debacles here there are market rumblings over why SGX has fallen short of being more vocal and active in its intervention. There appears to be an "expectation gap" between what the public expects SGX to do
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      • 65 2 THERE are some directors juggling multiple board seats. And then there are those who have their hands full with troubled S-chips. "There are often extensive and frequent meetings and conference calls," said the former director of a once-troubled S-Chip. "I have seen
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      • 46 2 OCEANUS Group, the world's largest land-based producer of Japanese abalones, has reported an 85.8 per cent increase in net profit to 107.6 million yuan (Ss23 million) for the first quarter ended March 31, 2009. COMPANY NEWS, PAGE 9
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      • 50 2 THINGS may start looking up by the end of the year for finance and accounting industry workers here. According to a survey, 53 per cent of employers believe that financial and accountancy recruitment will start to increase before year-end. SINGAPORE NEWS, PAGE 10
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      • 55 2 CHINA widened market access for Hong Kong companies and eased visa rules for mainland tourists visiting the city and Taiwan, expanding an accord aimed at bolstering the city's economy. The accord loosens restrictions across 20 industries in total, including banking, securities, rail and
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    • 364 2 AFP [BANGKOK] Around 10,000 Thai protesters rallied in Bangkok yesterday, police said, in the biggest rally against the government since the military cracked down on violent demonstrations a month ago. The red-shirted supporters of Thaksin Shinawatra, the fugitive former prime minister, cheered when several leaders
      AFP  -  364 words
    • 523 4  -  CHUANG PECK MING Deloitte executive says that industries have consolidated and reshaped By [SINGAPORE] You may want to call Hans Roehm Dr Boom, as opposed to Dr Doom. It's not that the global manufacturing specialist from consulting firm Deloitte Touche Tohmatsu has gone
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    • 841 4 LAT-WP [WASHINGTON] The Obama administration still plans to spend tens of billions of dollars reviving the US financial system, even after the government's unexpected finding that major banks need only a little bit more direct government aid. The initiatives being crafted include
      LAT-WP; BLOOMBERG  -  841 words
    • 216 4 [SINGAPORE] Standard Chartered Bank has introduced a mortgage package at a fixed rate of 1.5 per cent per annum for the first year for any new mortgage taken up with the bank from May 10 to June 15, 2009. For the second year
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    • 1239 4  -  LYNETTE KHOO By [SINGAPORE] Amid a growing list of corporate debacles here many of which are still in limbo there are market rumblings over why SGX has fallen short of being more vocal and active in its intervention. There appears to be
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  • Page 2 Advertisements
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    • 29 2 II Let your investors II know by advertising II your financial II results in our II newspapers. Call II 1800 289 8822 II or email II notices@sph.com.sg. NOTICES Hi
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  • Page 3 Advertisements
    • 108 3 K9sQBSSB^B^_^^^__3 II M i^^^^^^_^^^*^<_^R^S^fl___3__B&j____^^^^^^^^E^______^ Issued by The Hongkong and Shanghai Banking Corporation Limited, which is incorporated in the Hong Kong SAR with limited liability. The image of the HP Mini notebook featured is for illustration purposes only, and does not reflect the actual unit that the customer would receive. To
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  • Page 4 Advertisements

  • COMPANY NEWS
    • 465 5  -  JAMIE LEE DIRECTORS IN FOCUS They face intense pressure as spotlight falls on companies' financial health Reports by THERE are some directors juggling multiple board seats. And then there are those who have their hands full with troubled S-chips. China Sun Bio-chem
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    • 433 5 SINGAPORE'S lack of independent directors could be due to defining talent the wrong way, says the boss of a firm that specialises in corporate social responsibility (CSR). "Singapore always likes to say it's unique," CSR Asia chairman Richard Welford told BT. "I'm
      433 words
    • 199 5 Q1 resU ts ended March 2009 >$m) IRNOVER(SSm) CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG 1 DBS Grp 433.00 I 2 SembCorp Marine 120.20 603.00 91.34 -28.2 31.6 1,662.00 1,363.49 1,563.00 916.12 6.3 48.8 3 Oceanus 23.96 12.86 86.3 14.44 11.25 28.4 4 HTLIntl 14.87 -8.17 nm 126.06
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    • 640 5  -  ONG BOON KIAT CHIA Song Hwee's upbeat tone when he spoke to BT after Chartered Semiconductor Manufacturing's first-quar-ter results announcement might seem discordant at other times. But for now, the Chartered CEO has good reason to feel positive, despite the foundry posting
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    • 524 9  -  MICHELLE YEO Gains from changes in biological assets' fair value surge 116.5% By OCEANUS Group, the world's largest land-based producer of Japanese abalones, has reported an 85.8 per cent increase in net profit to 107.6 million yuan (Ss23 million) for the first
      524 words
    • 272 9  -  ARTHUR SIM By EPURE International, a water and wastewater treatment solutions provider, has announced a joint venture (JV) to undertake a Build Operate and Transfer project in Gansu Province, Lanzhou City with an investment value of 129 million yuan (5527.8 million). The
      272 words
    • 296 9 Ihina Jishan E Copthorne King's Hotel, Duke Room, Level 2, 403 Havelock Road, Singapore *****2 11-May 10.00am lunma Tyre A Room 1211, New Huangpu Financial Building, 61 Nanjing East Road, Shanghai, The People's Republic of China 11-May 1.30pm _ung Kee A Gloucester Room, 2nd Floor, Mandarin Oriental Hotel,
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    • 235 9  -  ARTHUR SIM By CITI Singapore's Investment Research Team has been ranked first in the annual 2009 Institutional Investor All-Asia Research Poll for a third consecutive year. Citi's Asia team also came in top across the region, ranking No 1 in eleven categories. CLSA Asia
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    • 394 9 BANKS ABN Amro Bank NV 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of
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  • Page 5 Advertisements
    • 140 5 Maintaining healthy cashflow in current market conditions is crucial for your business. As the leading provider M Wk of government loans*, we understand the challenges your company faces. Join us for a conference organised together with SPRING Singapore and International Enterprise Singapore, to gain insights and tips on how you
      140 words

  • SINGAPORE MARKETS
    • 631 6  -  YEN SREENIVASAN STOCKS WITH the Singapore benchmark index up an impressive 17 per cent in just the last week and a whopping 54 per cent above its March lows at 1,457 points, the question now is whether the market can sustain this rally. To answer
      631 words
    • 199 6 ■AFP CURRENCIES [HONG KONG] Asian currencies ended the week higher against the dollar following the release of test results on the health of US banks and data that revealed the pace of US unemployment was slowing. Japanese yen: The yen edged upwards against the dollar
      ■AFP  -  199 words
    • 1966 6 Payment Ex date Books close Pay date -Telecom Intl bn 0.111 05-Mi 07-Maj 22-Maj .BR Hldgs ak 0.500 11-May 13-May 28-May action Asia ak 1.200 05-Mi 07-Maj 19-Maj idam| iak Ltd ak 1.000 05-Mi 07-Maj 22-Maj advanced Hldgs an 1.000 04-May 06-May 19-May .El Con jk. 0.750 06-Mi
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    • 153 6 AFP COMMODITIES [LONDON] Commodity prices rallied this week, with oil striking 2009 highs on growing optimism about an economic recovery, as traders also tracked the results of key stress tests on troubled US banks. Oil: Prices rocketed to near sixmonth highs above US$5B per
      AFP  -  153 words
    • 1416 6 Source: Thomsonßeuters Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price Company name Mlqreen Propel _rties 2.75 2.92 12 4.99 14.92 0.53 0.78 ,RA Asset Mi 2.00 2.00 2 6.25 8.40 0.64 0.53 .rmstroni Ind Cor| 1.50
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    • 4 6 WEEKLY
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    • 59 6 May 8 VALUE CLOSE BT OB/OS 1436.00+316.0 BT CADI -*****.00+378.0 BT 10-day MA -*****.00 +144.0 FTSE ST Mid Cap 473.37+15.85 FTSE ST Small Cap 400.21 +22.33 FTSE ST All Share 539.94 +3.35 FTSE ST China Top 216.71 +10.30 FTSE ST China 214.06+10.71 UOB Catalist 89.98 +4.31 SiMSCI
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    • 56 6 VOLUME Golden Aqri 1,005,345,000 China Honqxinq 925,779,000 Chart SemiCond 775,675,000 EUNetworks 511,113,000 Oceanus 397,543,000 AusGroup 355,038,000 Cosco Corp 342,979,000 Genting SP 335,766,000 RafflesEdu 326,188,000 Yanqzijianq 299,757,000 VALUE(S) DBS Grp 1,258,503,978 UOB 812,542,527 CapitaLand 679,186,325 SingTel 670,125,947 OCBC Bk 646,874,510 SGX 520,955,475 Wilmar 453,863,960 Keppel Corp 450,971,040 Golden
      56 words
    • 120 6 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE UP DBXT FTVietnam 10US$ 3870 791.5 16.2 UOB.ES.0905 1480 372.0 33.6 DBXT Ni 10US$ 7558 351.8 3.3 UOB 1474 324.0 28.2 DBS.ES.0905 1200 276.0 29.9 DBS Gr| 1190 240.0 25.3 Cifr '.ES.0905 840 218.0 35.' Cifr
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    • 112 6 DBXTS&P Short 10US$ BY CENTS CLOSE DOWN 6970-331.2 -3.1 JMH 2216 -79.2 -2.4 UOB BNP ePW*****8 11.5 -69.5 -85.8 DBS RB ePW*****3 57 -52.0 -47.7 UOB DB ePW*****0 9.5 -49.5 -83.9 UOB BNP ePW*****7 14.5 -38.5 -72.6 Kei RBePW/*****6 32.5 -32.5 -50.0 Pair irm 520 -27.9 -3.5 STI 2000BNPePW*****0
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    • 89 6 iere! S$ stani ids May 8 CLOSE I CHNG FR May 7 YR2009 S$ LOW S$ HIGH USS 1.4660 0.27 1.5579 1.4308 Euro 1.9639 -0.24 2.0732 1.9150 Pounds 2.2031 1.20 2.2712 2.0356 AS 1.1071 0.46 1.1122 0.9453 Yen* 1.4746 0.40 1.7278 1.4831 Rupiah* 0.***** 0.32 0.***** 0.***** Baht* 4.2018
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    • 1404 8  -  TEH HOOI LING IT'S as if a turbo-engine has been attached to the markets: Stocks in Singapore and around the region went sky-rocketing last week. All six of our portfolios are now in positive territory a sharp contrast with last week when all of them
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    • 1380 8  -  ROBERT HALILI INSIDE MARKETS By THE continued run in the market may have prompted sellers to stay on the sidelines last week as there were no sales by directors based on filings on the Singapore Exchange in the first week of May. That
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  • Page 7 Advertisements
    • 4165 7 Joint Announcement by C.X.Tang Limited (Company Registration No.: *****0023H) (Incorporated in Singapore) and Tang Unity Three LLP (UEN/Registration N0.:T09LL0537E) (Registered in the Republic of Singapore) Proposed Voluntary Delisting of C.X.Tang Limited 1. Introduction 5.4 Options Proposal. Details of the Options Proposal will be despatched to the Optionholders at the same
      4,165 words


  • Page 9 Advertisements
    • 61 9 Beyond 40 Yfears/ o a DJ _3 s_. n o 3 *m\ r^ From departure to arrival, the world is my destination h Korean Air has one of the largest global networks in the Excellence in Flight airline industry. With 861 connecting flights to 11 6 cities in over 39
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  • SINGAPORE NEWS
    • 389 10  -  ZEINAB YUSUF There is still demand for professionals in niche markets, says Morgan McKinley By THINGS may start looking up by the end of the year for finance and accounting industry workers, according to a survey by Morgan McKinley. Fifty-three per cent of
      389 words
    • 338 10  -  EMILYN YAP Situation in Spore not serious yet but may deteriorate if economy worsens By RISING unemployment drives up credit card fraud and delinquency, but Singapore has yet to see a significant increase in such cases, says Fico. Better known for its
      338 words
    • 643 10  -  BRITTANY KHOO Most report dismal sales as consumers' spending patterns turn conservative By LOOKING to buy a musical instrument? Maybe it can wait. This appears to be the market sentiment where it comes to the typical instruments of choice, such as the piano, violin and
      FILE PHOTO  -  643 words
  • Page 10 Advertisements
    • 1039 10 w A MAIS TTT-^^^™^™l INTHEMAHEROF THE IN THE MAnER OF THE In The Matter Of COMPANIES ACT, CAP. 50 COMPANIES ACT, CAP. 50 The Companies Act, Cap.so SEMTEC-SYNTECH PTE LTD UDOMSUK (S) PTE. LTD. And (REGISTRATION NO. *****6871R) (REGISTRATION NO. *****8476R) In the Matter of (INCORPORATED IN SINGAPORE) (INCORPORATED IN
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    • 116 10 Raffles Conversations 2008 EDITION 52 interviews by Business Times journalists The diverse experien of some ofthe mo influential thinks corporate chiefs J^ andsoci activists of ff the age fitm^ it AM ■<?(0' im It mm X\ _/jl wXmMMrn^ im W \\\\Mmmw-' *K\ Mam wW^Jmm^M W 6/l?. iMM mmWL WX^'X X,
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 955 11 Growing the business should be the ultimate goal of an entrepreneur which means it's vital to keep the big picture in mind all the time, says KEN KOH SO YOU a budding entrepreneur have finally decided to start your own business.
      955 words
    • 755 11 CAMPUS LIFE S'pore duo beat top managers, professionals to emerge Asian Management Game winners, says KOH KIAN HON OUALIFYING for the prestigious Asian Management Game (AMG) is tough enough; winning it is an entirely different ball game. But together with my brother, 20-year-old deirol
      755 words
    • 203 11 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part ofthe BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have a
      203 words
  • Page 11 Advertisements
    • 46 11 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
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  • VIEWS FROM THE TOP
    • Article, Illustration
      4239 12 THIS WEEK'S TOPIC On the evidence of what we've seen to date, can we say that the Singapore authorities, and Singaporeans themselves, are well prepared for pandemic-level outbreaks? What areas of preparation and/or precaution could we still improve? Business continuity planning Darren Thomson President and Chief Executive Officer
      THE STRAITS TIMES  -  4,239 words

  • Page 13 Advertisements
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  • DINING OUT
    • 527 14  -  Audrey Phoon PROMOTION Kin Cuisine Level 4, Holiday Inn Atrium Singapore 317 Outram Road Tel: 6731-7173 FROM armies of tiny needles purported to fix everything from oiliness and pigmentation to skin-pummel-ling lasers that are supposed to smooth out the complexion, there are plenty of
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    • 510 14  -  Ch&ah Ui-Hoon $25 AND UNDER Porridge Express Goodwood Park Hotel Coffee Lounge 22 Scotts Road Tel: 6730-1746 THERE'S no other way to have porridge when you're in corporate wear except in airconditioned comfort. Especially if you're the type who breaks into a sweat easily after
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  • Page 14 Advertisements
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  • ECONOMY WATCH
    • 810 15 NYT But decrease in consumer spending is expected to affect businesses [NEW YORK] The economic downturn is forcing a return to a culture of thrift that many economists say could last well beyond the inevitable recovery. This is not because Americans
      NYT  -  810 words
    • 649 15 AP [BEIJING] Clutching a fistful of shopping bags from designers Vivienne Westwood, Dior and Alexander McQueen, 29-year-old Zhao Bing prowled an upscale department store. "Is there a financial crisis in China? I don't think it has affected my life very much," said
      AP  -  649 words
    • 144 15 Bloomberg [SEOUL] South Korea plans to create a one trillion won (Ssl.2 billion) fund to invest in companies developing overseas natural resources to secure stable supplies of energy and minerals. The government will contribute 110 billion won to the fund with
      Bloomberg  -  144 words
    • 448 15 Bloomberg [DUBAI] Growth in the Middle East will fall by 50 per cent this year, the International Monetary Fund (IMF) forecast, as it encouraged countries in the region to boost government spending to stimulate their economies. The economies of the
      Bloomberg  -  448 words
    • 420 15 Reuters [WASHINGTON] The Obama administration is expected to propose legislation by June calling for the US Federal Reserve to play a central role in regulating systemic risk in the economy, trade association sources said. Now that the US bank stress tests are
      Reuters  -  420 words
  • Page 15 Advertisements
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  • MALAYSIA/INDONESIA
    • 651 16  -  S JAYASANKARAN MALAYSIA INSIGHT The worry is that the govt may backtrack on the liberalisation policies announced so far Last Friday, Zarinah Anwar the chairman of market regulator the Securities Commission announced a new framework for the local bourse and new guidelines for listings
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    • 135 16 Malaysia, Brunei ink power dea l: report AP [KUALA LUMPUR] A newspaper says that Malaysia has inked an unprecedented agreement with Brunei to supply power to the neighbouring sultanate. The Star daily reported that the two countries signed a deal last Friday that could lead to 400 megawatts of power
      AP  -  135 words
    • 565 16 Reuters President a favourite to win as election season kicks off [JAKARTA] Indonesia's presidential election season formally kicks off this week, pitting incumbent President Susilo Bambang Yudhoyono, a popular reformer who is tipped to win, against a political elite with its roots in
      ■ Reuters; AFP  -  565 words
    • 262 16 Bloomberg [BANGKOK] Malaysia, which last month unveiled plans to open its Islamic finance industry further, is trying to lure larger overseas banks to provide services that comply with Muslim tenets, the central bank said. "If we want to develop ourselves as an international
      Bloomberg  -  262 words
    • 277 16 AP [KUALA LUMPUR] Malaysia's highest court has affirmed a ruling granting land rights to indigenous people that could help them resist oil and logging companies razing their ancestral forests, a lawyer said yesterday. A panel of three Federal Court judges unanimously ruled that
      AP  -  277 words
    • 2151 16 lay 8 RM Cooo] A& M Realty 0.41 AbricBhd 0.30 advance Synergy 0.16 Adventa Bhd 1.03 Ae Multi Hldgs 0.11 Affin Holdings 1.79 Ahmad Zaki Resou....0.76 AicCorp 0.43 Airasia Bhd 1.22 Akn Technology 0.18 alliance Financi 2.30 aluminium Co 0.91 Amalgamated Ind ....0.50 Vnmb Hldgs Bhd ....3.18 Amtel
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  • GREATER CHINA/INDIA
    • 429 17 Bloomberg It also eases visa rules for mainland tourists visiting territory and Taiwan [HONG KONG] China widened market access to Hong Kong companies and eased visa rules for mainland tourists visiting the city and Taiwan, expanding an accord aimed at bolstering the economy
      Bloomberg  -  429 words
    • 470 17 Bloomberg [BANGKOK] Hong Kong says it is "in the process of making changes to its tax and legal structures to help develop the city as an Islamic finance centre. The measures may include "tax neutrality", which would give equal treatment to Islamic
      Bloomberg  -  470 words
    • 480 17 ■AP Beijing soothes Europe's fears over stimulus programme [BRUSSELS] The European Union and China have called for global trade talks to finally strike a deal that could reverse falling demand and help pull their economies out of recession. EU Trade Commissioner Catherine
      ■AP  -  480 words
    • 408 17 AFP [NEW DELHI] Indian Premier League chiefs were yesterday defending themselves against government charges that the phone contest for viewers of the Twenty2o event in South Africa was "encouraging gambling and betting". Sports Minister Manohar Singh Gill lashed out at an IPL mobile
      AFP  -  408 words
    • 197 17 Bloomberg [HONG KONG] Hong Kong's top salaried taxpayer handed over HK$7l million (5513.4 million) in taxes in the 2008-2009 financial year, including the final payment for the previous year, the city's Inland Revenue Department said. The department released figures for the top 10
      Bloomberg  -  197 words
    • 618 17 Reuters Robust loan growth helps lender shrink gross bad debts [KOLKATA] State Bank of India, the country's largest lender, reported a forecastbeating 45.6 per cent rise in quarterly profit after gains from trading trebled and loan demand soared as borrowers
      Reuters; FILE PHOTO  -  618 words
  • Page 17 Advertisements
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  • FORMULA ONE
    • 851 18 AP.AFP His Brawn teammate BarricheUo comes in second while Webber of Red Bull finishes third [BARCELONA] Jenson Button won his fourth Formula One race ofthe season yesterday by taking the Spanish Grand Prix ahead of Brawn GP teammate Rubens BarricheUo. Button's two-stop strategy
      AP.AFP; AP  -  851 words
    • 617 18 Reuters Two-tier race won't ensure level playing field, says exec [BARCELONA] Toyota will not enter next year's Formula One championship unless new rules published by the governing body are changed, motorsport president John Howett said on Saturday. "If nothing
      ■ Reuters  -  617 words
    • 459 18 Reuters [BARCELONA] Bernie Ecclestone helped launch a Formula One-branded credit card at the Spanish Grand Prix last Friday and said that the global credit crunch was coming to an end. "People keep talking about this credit crunch, and we're coming out of it, we're
      Reuters; AFP  -  459 words
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  • ASIA-PACIFIC/WORLD
    • 603 19  -  ANTHONY ROWLEY At stake are access to Siberian gas, oil supplies, transport infrastructure devt By in Tokyo RUSSIAN Prime Minister Vladimir Putin is due to arrive in Japan today for the start of a two-day visit that Japanese officials hope could
      603 words
    • 505 19 Bloomberg [NEW YORK] Shareholders of Goldman Sachs Group rebuffed the board of directors for the first time since the firm went public in 1999, voting on Friday to back a proposal that would let a simple majority enact changes at the company. "It's really an
      Bloomberg; REUTERS  -  505 words
    • 458 19 WP [WASHINGTON] Fannie Mac reported last Friday that it lost U5523.2 billion in the first three months of the year as mortgage defaults increasingly spread from risky loans to the far-larger portfolio of loans extended to borrowers who have been considered safe. The
      WP  -  458 words
    • 331 19 Bloomberg [NEW YORK] Morgan Stanley, ÜBS and 31 other financial institutions won dismissal of lawsuits filed by Mississippi, Chicago and other bond issuers that accused them of conspiring to rig bids for municipal derivatives. US District Judge Victor Marrero in Manhattan threw out the consolidated suits
      Bloomberg  -  331 words
    • 402 19 Reuters, AP [WASHINGTON] US President Barack Obama served as comedian-in-chief on Saturday night, predicting that his second 100 days in office will be so successful that he will wrap them up in record time. "I must confess I really did not want to be here
      Reuters, AP \  -  402 words
    • 390 19 -Reuters [LONDON] Support for British Prime Minister Gordon Brown's Labour party has slumped to its lowest level since opinion polls began after embarrassing revelations over parliamentarians' expenses. A BPIX poll for the Mail on Sunday newspaper gave Labour 23 per cent
      -Reuters; REUTERS  -  390 words

  • POST-STRESS TESTS
    • 779 20 AP Firms with less than USsloob in their trading portfolios were not assessed -[WASHINGTON] The big banks got through the US government's "stress tests" with only minor bruising. But a bigger test awaits them: Getting rid ofthe bad assets that
      AP  -  779 words
    • 702 20 Reuters Early positive market reaction to test results stoke confidence [WASHINGTON] US bank regulators breathed a huge sigh of relief in early April when improving financial markets looked set to push the nation's 19 largest banks through the gauntlet of tough "stress tests" in
      Reuters  -  702 words
    • 645 20 Bloomberg [NEW YORK] Bank of America (BOA) chief executive officer Kenneth Lewis said he is concentrating on "getting us through this", rather than his own job security, after the US demanded the lender raise almost US$34 billion in capital.
      Bloomberg; REUTERS  -  645 words
    • 387 20 Reuters, NYT [TOKYO] Mitsubishi UFJ Financial Group (MUFG), which invested US$9 billion in Morgan Stanley last year, says it will obtain US$6OO million of Morgan's new common shares. Morgan Stanley last Friday announced that it will raise capital by a total
      Reuters, NYT; REUTERS  -  387 words
    • 393 20  -  MARTIN HUTCHINSON P breaking .com By THE rise in US unemployment to 8.9 per cent in April from its low of 4.4 per cent in 2007 is more rapid than aU but one post-war recession, and is closing in on the "worst
      393 words

  • AVIATION/SHIPPING
    • 721 21  -  YEN SREENIVASAN But Capa doesn't see profit by any major network airline in the region By ALTHOUGH the global financial crisis and the resultant economic meltdown have brought much agony and pain to the global commercial aviation, 2009 could
      REUTERS  -  721 words
    • 414 21 Reuters [COPENHAGEN] Danish shippers, which transport a big chunk of world trade, have the capital in place to come out on top when the freight market pulls out of its current downturn, a senior industry official said. Recession, weak global demand and an oversupply
      Reuters  -  414 words
    • 235 21 Bloomberg [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, advanced in London to cap its biggest weekly gain in three months as Chinese steelmakers expand iron-ore stockpiles. The index tracking transport costs on international trade routes jumped 20
      ■ Bloomberg  -  235 words
    • 384 21 Bloomberg [LONDON] Shipowners are being forced to pay to carry crude oil from the Middle East to the US after demand collapsed and the fleet expanded. Supertanker owners are making no rental income from the voyages and are paying U553,445 a
      – Bloomberg  -  384 words
    • TRANSPORT STOCKS
      • 108 21 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0 41 0.23 1.33 0.52 1.31
        108 words
      • 32 21 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd 0.72 8.60 8.60 3.16 2.70 0.03 0.02 0.10 -0.15 -0.02 unch 0.01 29! 44: 57i 251! 11: 701
        32 words
      • 12 21 '00 ■recious Ship Jegional Cont 14.60 7.45 0.20 0.05 9459 3881
        12 words
      • 6 21 '000 toil .26.90 0.95 4471
        6 words
      • 20 21 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.50 17.50 unch unch -0.20 0.75 unch unch 324i 452S
        20 words
      • 15 21 Evergreen Marine ....18.25 :irst Steamship 46.55 /VanHai Lines 16.45 -0.20 0.30 -0.20 1i 1.
        15 words
      • 40 21 '000 (awasaki Hvylnd ..219.00 1.00 ***** (awasaki Kisen 408.00 -5.00 9394 Mitsubishi Hvy 346.00 8.00 ***** i/litsui Eng&Sbldg ..219.00 2.00 7737 l/litsui Osk Lines 638.00 -2.00 ***** Jippon Express 385.00 21.00 5213 JipponYusen 455.00 -3.00 ***** 'iource: Thomson Reuters
        40 words
    • 2609 21 AIRLINE CODES: AA: American Airlines (AA -ance (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW). BG: Biman Banc nes (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR: EVA Airways
      2,609 words
  • Page 21 Miscellaneous
    • 398 21 CRYPTIC CROSSWORD ACROSS i 1 r-—\ I=— i 1 1 is—i r-—\ r^ i 1 M I f J- A J- 'J-k 1 2 3 4 5 6 7 I No place for students with closed minds? (4,10) j j j Bs 9 Treatment for bruises, being in charge of
      398 words

  • SINGAPORE STOCKS
    • 9061 22 Week ended: May 8 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E $mil 8 3 3148 STelecom 10 2.5 5834 A-Sonic 30.5 12 5000 ABR Hldgs 16 5.5 1938 AEI Corp 9.5 1 1100 AEM 23 7 2101 APOil 76.5 26.5 5550 ARA 8.5
      9,061 words
    • 1837 23 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E Smil 20 5 1181 s AAGrp 32 13 8538 t APStrategic 2 0.5 t APStrategic R 4 0.5 1501 s Advanced System 11 2 3480 t Adventus 28 8.5 3518 s Afor.. 17.9 2 1524 t
      1,837 words
    • 329 23 ill! Low Code Comi Sale ('000) ill! Low Bui Seller C'vr P/E imil 108 100 6389 ABF SG Bond ETF 982 427 CIMBAsean40 100US$ 230 149 DBS STI ETF 100 2288 1682 DBXT FTChina25 10US$ 3870 3228 DBXT FTVietnam 10US$ 1360 850 DBXT MSTaiwan 10US$ 7558 5220 DBXT
      329 words
    • 249 23 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      249 words
    • 109 23 i Land 3.250 iMall 1.470 -0.010 :it' 8.490 +0.140 ■omfortDelGro 1.360 +0.020 ■osco Cor| 1.330 +0.100 iBS Gr| 11.900 -0.100 :SN 3.350 +0.090 ientini SP 0.725 +0.020 iolden At iri 0.475 -0.005 KLand 2.780 +0.010 JMH 22.160 -1.200 JSH 12.220 -0.540 Jardine C&C 15.600 +0.280 il
      109 words
    • 96 23 Up Down Unch Up Down Unch Up Down Unch lulti Ind 16 2 0 0 0 0 16 2 0 lanufacturini 201 19 17 27 228 28 24 lommerce 66 15 81 10 10 r/C. ms 39 42 :inance 32 32 lonstruction 22 27 'ro| 48 48
      96 words
    • 119 23 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 305.529 305.529 771.107 771.107 lanufacturini 5.483.452 443.396 5.926.848 2.325.508 16.299 2.341.807 lommerce 1.726.139 409.110 2.135.249 771.345 78.879 850.224 pt/S tor/Co mms 1.515.186 3.252 1.518.438 2.108.455 170 2.108.625 :inance 472.741 472.747 3.304.895 3.304.895 lonstruction 954.457 87.604 1.042.061 150.612 1.002 151.614
      119 words
    • 2684 23 Transaction date: May 8 For a full listing ofthe closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day IONG KONG Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway \sia Satellite \sm Pacific Sank Of E Asia Seida Jade Bird
      2,684 words
  • Page 22 Advertisements

  • Page 23 Advertisements
    • 29 23 Insiders'trades. Brokers'recommendations. Dividend table. TIJC Dl ICIMECC XllV/ICC The pages also cover transactions by directors and substantial Int DU3IIMC33 I lIVIIZ3 shareholders. In other words, news you can use.
      29 words

  • FINANCE & COMMODITIES
    • 366 24 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mai World Index Preliminan 702.2 1.3 3.6 1.3 4.5 1.4 2.9 EAFE Preliminai 676.8 1.3 4.3 1.5 3.9 1.6 2.3 Euro[ Preliminan 937.4 1.7 2.8
      366 words
    • 131 24 As at 9am May 8 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.0990 1.1320 .an dollar 1.2470 1.2620 Euro 1.9550 1.9770 NZ dollar 0.8650 0.8840 iterlini ind 2.1940 2.2181 US dollar 1.4620 1.4780 Local dollars to 100 units of foreign
      131 words
    • 172 24 May 8 *L Offer Bid Overnight 1/16 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 1/16 US$ Offer 1/32 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months I. 12 months $Au 0.35 0.50 0.90 1.10 1.60 2.10 2.30 Offer 0.25 0.40 0.60
      172 words
    • 25 24 May 8 ten Hii Sett >TI ilMSCI Ma' 275.0 281.2 275.0 'aiwan Ma' 246.0 247.9 242.9 Source: MF Global (S) He. Ltd
      25 words
    • 21 24 May 8 Bid Offer 1-month 1.4656 1.4669 2-months 1.4655 1.4669 3-months 1.4653 1.4668 6-months 1.4649 1.4666 Source: OCBC
      21 words
    • 61 24 May 8 Delivery Month Opening Range Sett Av Price Price Hi Vol Open Done Position Low May 09 2809 Jun 09 2731 Jul 09 2666 Aug 09 2605 Total o/p: ***** contracts 2830 2845 2809 2750 2777 2723 2685 2715 2656 2625 2655 2600 Turnover: ***** Market tone:
      61 words
    • 297 24 May 8 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES JunO9 SepO9 DecO9 Mar10 99.1650 99.1100 98.8900 98.7250 6258 2795 3273 2816 EUROYEN TIBOR FUTURES JunO9 99.450 99.455 SepO9 99.545 99.545 DecO9 99.525 99.525 Mar10 Jun10 Sep10 Dec10 Mar11 99.450 99.545 99.525 99.455 99.520 99.530 99.500 99.465
      297 words
    • 178 24 May 8 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) 0/1 (lots) JunO9 Jul 09 Aug 09 SepO9 Oct09 NOV09 172.5 172.0 172.0 172.0 172.0 172.5 50 230 843 886 808 946 1096 1030 TSR 20 (US cents/kg) Month Hig gh
      178 words
    • 91 24 May 7 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hi< Day's |h Low 3-Month BQ*****A 06.08.09 1-Year BY*****W 03.05.10 0.20 0.31 0.14 0.14 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0E 3.125 5-Year NX*****F 3.625 7-Year N*****0S 2.875 10-Year NY*****A
      91 words
    • 102 24 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 09 1134.00 1119.00 1136.00 1118.00 Jul 09 1111.50 1102.00 1118.00 1098.50 Aug 09 1073.50 1063.00 1075.00 1062.25 Sep 09 1021.50 1014.00 1025.00 1014.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 09 39.30 38.47 39.28 38.24 lul
      102 words
    • 77 24 CRUDE OIL PRODUCTS May 7 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 56.73 1.61 WTI (Near Mth) 56.38 0.14 Dubai (1-Mth F) 56.66 2.55 Tapis blend 60.60 2.75 Minas 58.75 2.75 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 51.77 64.25 2.45 3.15 US$/barrel Opec Oil
      77 words
    • 475 24 May 8 AS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.882 5.153 0.564 5.854 37.294 78.411 0.751 9.421 2.659 1.271 60.885 35.696 1.108 6.369 0.853 24.943 26.345 0.502 0.755 Canada 1.134 5.842 0.639 6.637 42.280
      475 words
    • 65 24 May 8 mth 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** mths 1.***** 0.***** mths 1.***** 0.***** 2 mths 1.***** 0.***** ;WAP Offer rates (S$) mth 0.***** mths 0.***** mths 0.***** 6 mths 1.*****mths 1.5728C 12 mths 1.7523^ SWAP Mid rates (S$; 1 yr 1.*****yrs 1.*****yrs 1.8832E 4yrs 2.1312E
      65 words
    • 165 24 May 8 GOLD (USS/oz) Mat 08 Ma: 07 Hong Kong London 910.70 910.10 911.70 911.10 May 07 May 08 913.20 910.60 914.40 911.60 Source: Thomson Reuters (S$) Selling Buying 1 oz 1503.35 1357 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $526.44 432 SILVER Selling Buying (S$I Sellim
      165 words
    • 169 24 May 8 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.1070 1.1082 0.7553 0.7555 Canadian dollar 1.2549 1.2566 0.8562 0.8566 Euro 1.9645 1.9665 1.3403 1.3406 NZ dollar 0.8708 0.8724 0.5941 0.5947 Sterlini 2.2032 2.2056 1.5032 1.5031 US
      169 words
    • 62 24 luminium, 99.7% urity (USS/tonne) Close Previous :ash 1508.00 months 1544.00 1530.75 1567.00 Copper, Grade A (USS/tonne) ;ash months 4667.00 4685.00 4700.50 4710.00 .ead (USS/tonne) :ash 1455.50 months 1465.00 1448.00 1461.00 lickel (USS/tonne) ]ash I months *****.00 *****.00 *****.00 *****.00 'in (USS/tonne) :ash *****.00 *****.00 months *****.00 *****.00 inc.
      62 words
    • 75 24 May 8 (£/tonne) Close Prev Hii ih/Low Way 09 1831 1815 1836/1805 ul 09 1744 1735 1752/1718 iepO9 1740 1732 1749/1717 Dec 09 1737 1726 1745/1713 IOFFEE (US$/tonne) Close Pev High/Low Way 09 1484 1477 1491/1460 ul 09 1498 1490 1508/1470 iepO9 1511 1503 1520/1485 SUGAR (US tonne) White
      75 words
    • 2426 24 BONDS, WARRANTS EXTENDED SETTLEMENT rei lode Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Prem Expiry Disc Gear- Mths ing Left _036 Advance SCT Ltd W*****9 87 2400 7.00 15 5092 Asia Environment W*****4 5 4.5 19 38 153 3.40 3 1481 Asia Water Tech Ltd W*****0 18.5
      2,426 words

  • Page 25 Advertisements
    • 1640 25 mm The Business llmes mmm Shipping Times UK CONTINENT SERVICE U.S.A SERVICE Destination Destination STXPOTBN RTM/ANR/TIL STXPOTBN NOL/NFK/SAV/CDN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.E./S.E.A SERVICE Destination Destination BKBOSS DBI/ABU/BRN/DOH/DMM/KWI STXPOTBN INC/BSN Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES Tramping for
      1,640 words
    • 1250 25 WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M \Tvi\lAlAl__ UAI I IMFr TEL *****588 (14LINES) FAX:*****163 Vl^^4 \VV AN HAI INfcj PKL TEL: (03) *****58S FAX: (03) *****288 PEN TEL: (04) *****00 FAX: (04)*****99 \L JOH TEL: (07) *****23 FAX:(07)*****21 SUR TEL: (031) *****75 FAX: (031) *****14/ *****05 Y"^ JKT
      1,250 words

  • Page 26 Advertisements
    • 2192 26 _^^s *Wi mm^M Xsm Hi p^5!R VJ^H E_____ *mS'%mf 'i'mr PCL/PHL SERVICE AMX SERVICE Connecting ECL Svc via MALTA VESSEL VOY SIN I PKG I JEA I BND SIN I NSA I KHI I JED I DAM I MAR I VLC I GOA I MAR MAR I FXT I HAM
      2,192 words
    • 107 26 »msmmm ENG LEE SHIPPING CO PTE LTD TOT_t»-A Tel: *****222 (10 Lines) Fax: *****174/*****960 wjp-^slli^l^ Website: www.englee.<om.sg or www.engleeship.com CRNo: **********0 C VESSEL VOY SIN ETA SIN ETD DESTINATION Marco Polo 138 PRWO6S 09/05/2009 10/05/2009 Perawang/Perawang Marco Polo 148 PRWO44 10/05/2009 11/05/2009 Perawang/Perawang Marco Polo 46 05/09 13/05/2009 14/05/2009 Buatan/Pekanbaru
      107 words
    • 821 26 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING CONTAINERS TO ALL NORTHERN AMD WESTERN INDIAN ICD POINTS VESSEL I VOY SIN I PKL (IN PORT! I [MB (JCT2) I NSA (NSICT) SCI KIRAN 02IW 05MAY 06MAT II MAY 14MAY SCI CHENNAI 002W 09 MAY IQMAY ISMAY IBMAY KOTA PEKARANG YPGO7I 12 MAY
      821 words

  • BizIT
    • 587 27  -  ONG BOON KIAT Survey also shows IT leaders here to be more bullish on cloud computing By SINGAPORE is more aggressive than the UK and US when it comes to tapping outsourcing, with firms here spending a larger slice of their IT budgets in
      587 words
    • <what's up>
      • 54 27 AT&T has appointed Bernard Yee as its new vice-president for the Asia-Pacific region. In his new role, Mr Yee will oversee the firm's direct and channel sales teams across Asia. Mr Yee will report to Greg Wieboldt, the senior vicepresident of the global client group
        54 words
      • 72 27 regional BUSINESS printing specialist Info Print has appointed Albert Koh as the new general manager for its operations in the Asia-Pacific South region. As the new regional head, Mr Koh will oversee the firm's business in Asean markets such as Singapore, Malaysia and Thailand, as well
        72 words
      • 90 27 BUDDING entrepreneurs looking to start their own media ventures can receive pointers from a new book published by Expara. The Media Entrepreneur's Guide to Singapore 2009 Edition provides a comprehensive listing of the financing options available to interactive digital media start-ups. It also provides
        90 words
      • 83 27 AD:TECH Singapore, a conference centred on the latest technologies and platforms for marketing professionals, will be staged in Singapore from June 9-10. To be held at the Suntec International Exhibition and Convention Centre, the two-day event features five keynotes and 16 breakout sessions. It promises
        83 words
    • 780 27  -  BENJAMIN TEH &lt;you say&gt; Security is a fundamental cornerstone of the business, which trust and understanding is built upon By WITH Web 2.0 communication tools, such as e-mail, instant messaging and other work tools with in-the-cloud capabilities, enterprises today depend heavily on the Internet. Many mobile
      780 words
    • 933 28 Survey shows multinationals, govt, financial and hospitality sector among major users, writes AMIT ROY CHOUDHURY ANEW study shows that despite the economic problems, many Sin-gapore-based companies are adopting video and voice conferencing applications both key elements of Unified Communications (UC) and Enterprise
      933 words
    • 627 28 &lt;cool stuff&gt; The Release Candidate for the upcoming Windows 7 boasts new features, refinements, says CHRISTOPHER LIM A PRE-RELEASE version of an operating system isn't usually a big deal because it typically isn't ready for imainstream use, and is only useable for a
      MICROSOFT  -  627 words
  • Page 27 Advertisements
    • 382 27 A [SATS In the Matter Of mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmThe Companies Act, Cap. 50 IN THE MATTER OF And THE COMPANIES ACT (CHAPTER 50) In The Matter Of AND NEO RNL OnC PTE LTD IN THE MATTER OF Co. Reg. No. *****0984W NORTHERN HOPE HEALTHCARE PTE LTD NOTICE OF CREDITORS' MEETING IIN MEMBERS'
      382 words
    • 1037 27 w MATH r/^ JL^I y/ JL jL^^J JLj ij Toll free: 1800-289-8822* Email: notices@sph.com.sg» www.cats.com.sg HyT_ifcagJlCu^_^ Jl^_____U uvUzaoJIAA I National Bank of Kuiuait I KlRI^ iTn (Incorporated in Kuwait with limited liability) Head Office: Abdullah Al-Ahmad Street P.O. Box 95, Safat ***** Kuwait Consolidated Balance Sheet Consolidated Statement of Income
      1,037 words