The Business Times, 21 January 2011

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Total Pages: 34
1 34 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, January 21,2011
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  • 852 1  -  John Wu likes S’pore firms but says they must be bolder By CHEN HUIFEN [SINGAPORE] Even as global private equity and venture capital funds are flocking to China in search of companies, entrepreneur-turned-investor John Wu says Singapore SMEs are an attractive lot ideal
    ARTHUR LEE  -  852 words
  • 709 1  -  It is looking at increasing yuan liquidity pool and ironing out remittance details By LYNETTE KHOO in Hong Kong HONG Kong could start having listed securities denominated in yuan this year. It is also looking at improving liquidity of the Chinese currency
    BLOOMBERG  -  709 words
  • 140 1 HST INDEX 3,205.48 (-36.48) HST INDEX FUTURES 3,205 (-38) HSIMSCI 379.51 (-4.84) HSIMSCI FUTURES 379.00 (-5.40) FOREX US$ S$ US$ (S$ per US$) 1.288 (US$/S$ per 1.594 2.054 EURO (US$/S$/E) 1.343 1.730 Foreign currency per US$ S$ YEN 82.20 63.80 RM 3.053 2.370 HK$ 7.782 6.042 BAHT 30.56
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  • Page 1 Advertisements
    • 18 1 HOCK LOCK SIEW When Harry’s meets St James PAGE 6 The trigger-happy generation EXECUTIVE LIFESTYLE I PAGE 34
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    • 12 1 PROPERTY Govt launches tenders for 3 housing sites PAGE 12 *****1 *****4
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    • 150 1 REITS CapitaMall Trust's DPU down PAGE 9 COMMENTARY Rise and fall and rise of heritage law firms PAGE 22 Car-tier -2 s% m S i itiJl CALIBRE BE CARTIER 1904 MC MANUFACTURE MOVEMENT AS ITS NAME SUGGESTS, THE CALIBRE 1904 MC IS THE EMBODIMENT OF A CENTURY OF CARTIER'S PASSION
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  • TOP STORIES
    • 507 2 HK eyes yuan IPOs and bonds to stay ahead HONG Kong could start having listed securities denominated in yuan this year. It is also looking at improving liquidity of the Chinese currency to support yuan-denominated IPOs. In a sign that it means business, it has started talks with
      507 words
    • 437 2  -  IDA unit to launch universal token in the second half of this year By WINSTON CHAI [SINGAPORE] A two-year, government-led effort to develop a common system for safeguarding online transactions will finally bear fruit this year, paving way for the current clutter of
      437 words
    • 526 2  -  More companies seek IE help to go abroad, mostly SMEs By TEH SHI NING [SINGAPORE] Singapore’s external economy rebounded strongly last year out-ward-bound goods and services clocked double-dig-it percentage growth while direct investments abroad more than doubled. Export of goods (both domestic goods and
      FILE PHOTO  -  526 words
    • 499 2 Move coincides with its plan to start a US$50m India fund Bloomberg [SINGAPORE] Equanum Capital Management, a US-based equity hedge fund focusing on Asia outside Japan, plans to move its operations to Singapore as it starts an India fund. Equanum Capital plans to
      Bloomberg  -  499 words
    • 118 2 IN the report “Share of landed homes in Singapore falls” (BT, Jan 18), Savills Singapore analysed the number and proportion of new landed housing units launched for sale from 2000 to 2010. The Urban Redevelopment Authority has clarified that the correct numbers should be as reflected in the table
      118 words
    • 812 4  -  The country is prime source of investor wealth and a big IPO opportunity By ANDREW MARKS in New York ON a day when the US stock market was falling under the pressure of disappointing earnings from some of its major financial companies,
      AP  -  812 words
    • 561 4  -  Highest possible credit rating given to record 180 firms By TEH SHI NING [SINGAPORE] Singapore’s largest companies posted higher profits and attained stronger credit ratings this year compared to the year before. The latest annual corporate rankings from the DP Information
      561 words
    • 473 4  -  By FELDA CHAY [SINGAPORE] Two years of planning was what it took to set up the Singapore Mercantile Exchange (SMX) here in late August last year, and early results indicate that the preparatory work has paid off. Unveiling the numbers supporting
      473 words
    • 456 4  -  By LYNETTE KHOO in Hong Kong A HONG Kong official has reaffirmed Hong Kong’s commitment to the US currency peg, amid renewed speculation on whether the peg might be scrapped. Julia Leung, Under Secretary for Financial Services and the Treasury, said that the
      456 words
  • Page 2 Advertisements
    • 486 2 THE MONETARY AUTHORITY OF SINGAPORE APPLICATION FOR TAXABLE BOOK-ENTRY SINGAPORE GOVERNMENT BONDS TENOR APPROXIMATELY 2 YEARS TOTAL AMOUNT OFFERED SGD 2,700,000,000 MINIMUM DENOMINATION SGD 1,000 MAS' INTENDED TENDER AMOUNT** NIL ISSUE CODE N*****0V (REOPENED) ISIN CODE SG7P*****168 ISSUE DATE/SETTLEMENT DATE 1 FEBRUARY 2011 MATURITY DATE* 1 APRIL 2013 COUPON RATE
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  • Page 3 Advertisements
    • 215 3 move your mi The all-new Saab has arrived. Anything but ordinary Innovative. Individual. Resilient. For three generations, Saab has continued to bring you automobile excellence, built on a distinctive heritage borne on the wings of aircraft-inspired technology and Scandinavian design. The new Saab 9-5 is nothing short of our best
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  • Page 4 Advertisements
    • 1246 4 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAR 50 AND IN THE MATTER OF BABCOCK BROWN (SINGAPORE) PTE. LTD. (In Members' Voluntary Liquidation) Reg No. *****6994G NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at Level 20 MLC Centre 19 Martin
      1,246 words

  • Page 5 Advertisements
    • 189 5 The new Audi A8. Light years ahead. Some dream of the future, others create it. Fascinating sportiness, innovative technology and superior comfort: the new Audi A8 represents the best of Audi engineering, technology, performance and prestige. With 32 class-leading innovations, the new Audi A8 lets you see, hear and feel
      189 words

  • COMPANY NEWS
    • 403 6  -  19m shares traded as stock rises 10.6% to match historical high of 26 cents STOCKS IN PLAY By WINSTON CHAI SHARES in Time Watch Investments sprang to life yesterday on news that its chairman and chief executive officer is making a voluntary offer to
      403 words
    • 114 6 Reuters SHARES in palm oil firm First Resources ended 9.9 per cent lower yesterday after its main shareholder, Eight Capital, sold 75 million shares at $1.48 each. First Resources shares were down 16 cents at $1.45 yesterday on a volume of 136.3 million shares.
      Reuters  -  114 words
    • 825 6  -  HOCK LOCK SIEW By WONG WEI KONG EVERY drinker loves the idea of owning a pub, but owning shares in one could well leave a bad hangover. It’s something to mull over the next drink, particularly now that a nascent pub sector play is emerging
      FILE PHOTO  -  825 words
    • 254 6  -  Lauded for good work in promoting investors’ interests By MICHELLE QUAH SINGAPORE’S champion of minority shareholders’ rights, the Securities Investors Association (Singapore) or SIAS, was awarded the Gold Standard For Good Governance in Hong Kong yesterday. The Gold Standard Awards, organised by Public
      FILE PHOTO  -  254 words
  • Page 6 Advertisements
    • 699 6 T&T eppel Keppel Telecommunications Transportation Ltd Co Reg No: *****0115G (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2010 The Directors of Keppel Telecommunications Transportation Ltd advise the following unaudited results of the Group for the year ended 31 December 2010. Group 2010
      699 words

  • Page 7 Advertisements
    • 207 7 www.vw.com.sg New Touareg. U J 4 m ira Touareg mft i SI From aA $247,300 Winner of the toughest race in the world, for the third year running. More than just a rally, the Dakar is the toughest endurance race in the world. Over 9,000 km crossing dunes, mud, camel
      207 words

  • SINGAPORE MARKETS
    • 598 8  -  36-point fall comes ahead of expected US selling; broad market advance-decline score at 86-394 STOCKS R SIVANITHY Senior Correspondent A 36.48-POINT loss for the Straits Times Index (STI) at 3,205.48 that almost wiped out all its 2011 gains and a broad market advance
      Source: Bloomberg  -  598 words
    • 4 8 DAILY
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    • 64 8 Jan 20 VALUE CLOSE BT OB/OS -407.00-473.00 BT CADI -*****.00-289.00 BT 10-day MA -*****.00 -41.00 FTSE ST Mid Cap 818.76 -13.74 FTSE ST Small Cap 610.12 -9.33 FTSE ST All Share 798.23 -9.97 FTSE ST China Top 303.19 -6.37 FTSE ST China 328.63 -6.25 FTSE ST Catalist
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 15 1 0 0 0 2 15 1 Manufacturing 23 117 52 5 8 10 28 125 62 Commerce 12 30 24 3 4 6 15 34 30 Tpt/Stor/Comms 5 27 10
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    • BROKERS’ TAKE
      • 520 8 Jan 20 close: $2.46 DMG Partners Research, Jan 20 M1’s FY2010 results were in line with our consensus expectations. A key sweetener was the proposed special dividend of 3.5 cents per share. When combined with the final and interim payouts, FY2010 DPS was bumped up to 17.5 cents or
        520 words
      • 344 8  -  Compiled by LYNN KAN Jan 20 close: $1.51 Kim Eng Research, Jan 20 CAPITACOMMERCIAL Trust (CCT) has reported an FY2010 DPU of 7.8 cents, in line with expectations. Net property income declined marginally by 0.4 per cent to $299 million despite a 1.3 per cent fall in gross
        344 words
      • 145 8 DPS dividend per share DPU distribution per unit Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value
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    • 121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 61,681 61,681 82,789 82,789 Manufacturing 475,284 30,669 505,953 297,207 2,041 299,248 Commerce 133,331 31,834 165,165 153,938 6,973 160,911 Tpt/Stor/Comms 159,676 1,981 161,657 196,126 609 196,735 Finance 41,744 41,744 287,872 287,872 Construction 45,795 15,870 61,665 10,411
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    • 114 8 Stock name Close Change Stock name Close Change CapMallsAsia 1.910 -0.040 CapitaLand 3.680 -0.060 CapitaMall 1.890 -0.010 CityDev 11.720 -0.400 ComfortDelGro 1.600 -0.030 DBS Grp 14.760 -0.140 F&N 6.490 -0.120 Genting SP 2.160 -0.030 Golden Agri 0.740 -0.020 HK Land 7.140 -0.160 JMH 45.500 +0.500 JSH
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    • 463 8 CURRENCIES Reuters [NEW YORK] The US dollar gained against the euro yesterday as strong-er-than-expected US labour market data buoyed demand for the greenback, but growing confidence in Europe’s ability to defuse its debt crisis should limit gains. High unemployment and a lacklustre
      Reuters; REUTERS  -  463 words
    • 56 8 VOLUME Golden Agri 250,831,000 Contel 150,470,000 FirstRes 136,297,000 Genting SP 81,702,000 BerlianLaju 56,392,000 Transcu Grp 40,852,000 Gallant 34,962,000 Noble Grp 33,318,000 RafflesEdu 31,188,000 Pan Hong 21,496,000 VALUE($) FirstRes 201,299,410 Golden Agri 187,774,750 Genting SP 177,022,610 OCBC Bk 124,411,480 Noble Grp 75,843,220 DBS Grp 65,278,360 CapitaLand 55,972,500 Wilmar
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    • 115 8 BY CENTS CLOSE UP DBXT S&P Short 10US$ 4441 101.7 1.8 JMH 4550 64.4 1.1 STXPO 100 1310 54.0 4.3 DBXT S&P500 10US$ 2020 28.3 1.1 IS DJ US Tech 6732 25.8 0.3 Lyxor US DJIA 10 US$ 1192 18.0 1.2 DairyFarm 914 15.5 1.3 Lyxor Malaysia 10US$ 968
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    • 118 8 BY CENTS CLOSE DOWN DBXT FTVietnam 10US$ 3827-346.4 -6.6 GLD 10US$ ***** -88.9 -0.5 Lyxor MS India 10US$ 1648 -58.0 -2.7 Lyxor China H 10US$ 1654 -55.4 -2.5 CITYDEV.ES.1101 1180 -44.0 -3.6 Jardine C&C 3470 -44.0 -1.3 DBXT MSUSA 10US$ 3056 -43.8 -1.1 CityDev 1172 -40.0 -3.3 JSH 2750
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    • 5 8 DAILY
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    • 507 9  -  Fall lower than forecast; trust upbeat on future growth REITS By FELDA CHAY CAPITAMALL Trust (CMT) rounded up the financial year with a 1.4 per cent year-on-year drop in dis- tributable income in its final three months, though the fall was less than forecast. In
      507 words
    • 430 9  -  Distributable income surges 19% to $23.2 million By EMILYN YAP K-REIT Asia yesterday posted improved results for the fourth quarter ended Dec 31, 2010, as acquisitions boosted earnings. Property income for the office real estate investment trust was $21.4 million in Q4, up
      430 words
    • 362 9  -  By EMILYN YAP MAPLETREE Logistics Trust (MapletreeLog) is keen to venture into new markets the Middle East, India and Indonesia after a busy year of acquisitions. The industrial real estate investment trust shared these plans yesterday as it posted higher earnings for the fourth quarter
      362 words
    • 350 10  -  Revenue down by 4.9%; company eyes expansion in China and Vietnam By LYNN KAN KEPPEL Telecommunications Transportation (KTT) reported a net profit of $57.6 for the financial year ended Dec 31, up 29.1 per cent from the preceding year’s $44.6 million. The net profit attributa-
      350 words
    • 215 10  -  Order from Atwood Oceanics is worth up to US$182m By JOYCE HOOI SEMBCORP Marine is beginning to reap part of last year’s rig bonanza promise. It announced yesterday that its subsidiary PPL Shipyard has signed a turnkey contract to build a jack-up rig with
      215 words
    • 301 10  -  By LYNN KAN SRI Trang Agro-Industry has launched its offering of new shares for a dual listing on the Singapore Exchange (SGX) to raise up to $448 million higher than the $360 million that the market was expecting. The world’s largest
      301 words
    • 244 10  -  By VEN SREENIVASAN IIFL Securities Pte Ltd, the Singapore-based subsidiary of India’s IIFL group, will start trading operations on the Singapore Exchange (SGX) on Monday. The company, which recently became the first Indian broker to get membership of the SGX, yesterday said
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    • 97 10 DUKANG Distillers Holdings has obtained approval from the Taiwan Securities and Futures Bureau for the proposed listing and offering of 130 million Taiwan Depository Receipts (TDRs) on the Taiwan Stock Exchange. The company earlier received an in-principle approval from the Taiwan Stock Exchange Corpora- tion
      97 words

  • Page 9 Advertisements
    • 532 9 SEMINAR: The Business Environment and Opportunities in Iskandar Malaysia Discover the benefits of expanding your business Overview of Iskandar Malaysia Incentives, Rules and Regulations by Malaysia Industrial Development Authority, Johor (MIDA, Johor) Investment Opportunity with Setia Business Park Date: Tuesday, 25 January 2011 Time: 3.00 pm 5.00 pm (please be
      532 words

  • Page 10 Advertisements
    • 1548 10 National Australia Bank Limited A.B.N.12 004 044 937 Registered Office:Level 4,(UB4440) 800 Bourke Street,Docklands,Victoria 3008,Australia (AllamountsareexpressedinAustraliancurrencyunlessotherwisespecified) Statement of Financial Position As at 30 September 2010 Group Company 2010 $m Statement of Financial Performance For the year ended September 2010 Group Company 2010 $m 2009 $m 2010 $m 2009 $m Interest
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  • Page 11 Advertisements
    • 543 11 HSBC congratulates the top performing companies in Singapore. As the key sponsor of the 2011 Singapore 1000, SME 1000 and Singapore International 100 annual rankings, HSBC is committed to helping companies unlock the world's potential through our global network and proven expertise. HSBC congratulates the following outstanding corporations and enterprises
      543 words

  • SINGAPORE NEWS
    • 466 12  -  All three plots are near MRT stations in Choa Chu Kang, Sengkang and Bishan By KALPANA RASHIWALA THE government yesterday launched tenders for three 99-year leasehold housing sites near Choa Chu Kang, Sengkang and Bishan MRT stations. This includes two plots on the
      466 words
    • 726 12  -  By GRACE LEONG THE Casino Regulatory Authority is partnering with the National University of Singapore to develop mathematical research that can be used to safeguard gaming integrity at the two casinos, officials announced yesterday. Speaking to government officials, academia and industry participants yesterday, CRA
      FILE PHOTO  -  726 words
    • 371 12  -  It aims to close the gap in Asia-specific investment research By LYNN KAN FRANCE’S EDHEC Business School today opens its first Asian office and campus in Singapore. It aims to close the gap in investment research that is specific to Asia. “We see Asia as a
      371 words
    • 565 12  -  By RONNIE LIM OIL prices which recently shot past US$90 a barrel and are threatening to again break the century mark are at an inflection point, with the Organisation of Petroleum Exporting Countries (Opec) capable of helping cool the market, energy experts
      565 words
    • 360 12  -  It is part of the firm’s US$100m plan to expand in Asia By LYNN KAN GLOBAL scents and flavours producer International Flavors Fragrances (IFF) will pour over US$100 million into Asia over the next three years, and US$50 million of it will
      360 words
    • 415 12  -  By JOYCE HOOI SINGAPORE’S oldest law firm, Rodyk Davidson, celebrated its 150th year yesterday with the launch of a commemorative book titled Rodyk 150 Years. The book, written by Cheong Suk-Wai of The Straits Times, chronicles vividly the firm’s beginnings as an upstart outfit
      415 words
    • 401 12  -  By CHEN HUIFEN THE government will be pumping a further $11 million over the next three years to an existing fund that helps SMEs build good risk management capabilities and put in place proper workplace safety and health systems. The move
      401 words
  • Page 12 Advertisements


  • ECONOMY WATCH
    • 628 14  -  Business leaders concerned that Japan is losing out to rivals like S Korea By in ANTHONY ROWLEY in Tokyo JAPAN’S powerful business lobby group, Nippon Keidanren, yesterday urged Prime Minister Naoto Kan’s government to get the country into the
      628 words
    • 387 14 Reuters [TOKYO] Japanese manufacturing confidence improved in January for the first time in three months, a Reuters poll showed, in a sign the economy is likely to start picking up after a small contraction expected in the final quarter of 2010.
      Reuters; AP  -  387 words
    • 449 14 Bloomberg AFP [STOCKHOLM] Sweden’s central bank should continue to tighten monetary policy as the biggest Nordic economy recovers from the recession induced by the global financial crisis, the OECD said. Gradual increases in the repo rate by the Riksbank are “appropriate”, the Organisation
      Bloomberg; AFP  -  449 words
  • Page 14 Advertisements
    • 299 14 tMJ $5 Million Reunion Draw Fri, 28 Jan 11 'Live' Draw at Livewire (Resorts World Sentosa) at 9.30pm $10 Packl Pack consists of Toto and Singapore Sweep tickets. Toto tickets and $10 Packs are available at all Singapore Pools outlets. Visit www.singaporepools.com.sg for details. p a Y(i> Always play with
      299 words
    • 204 14 24 th January to 1 7 ,h February 201 1 Lunar New Year at Zenden a unique venue for a lo bei gathering W3 7 C i *s Bookings have to be made at least 2 days in advance for the Set Lunch or Dinner menu. For reservations, please call
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  • Page 15 Advertisements
    • 4655 15 This Joint Announcement does not constitute an offer or a solicitation to any person in any jurisdiction in which such offer or solicitation is unlawful. The Exit Offer (as defined herein) is not being proposed in any jurisdiction in which the introduction or implementation of the Exit Offer would not
      4,655 words

  • MALAYSIA/INDONESIA
    • 604 16 Gayus Tambunan case will do little to improve president’s standing as a corruption fighter, they say AFP [JAKARTA] The jailing of a rogue tax official whose exploits shocked Indonesia will do little to improve President Susilo Bambang Yudhoyono’s standing as a corruption fighter, analysts said.
      AFP  -  604 words
    • 206 16 Reuters [JAKARTA] Matahari Putra Prima, Indonesia’s biggest retailer by market value, expects to run the nation’s largest hypermarket chain in 2012, beating France’s Carrefour, as it looks to partner with a global retailer for its Hypermart brand. “Every year until 2015, we’re going
      Reuters; REUTERS  -  206 words
    • 375 16 Reuters [JAKARTA] Indonesia, the world’s top thermal coal exporter, aims to introduce a law forcing coal producers to modernise in order to upgrade exports from low to medium quality with a minimum heating value of 5,600 kcal/kg air-dried basis, a
      Reuters  -  375 words
    • 364 16 AFP [JAKARTA] The maker of BlackBerry smartphones has started blocking access in Indonesia to pornographic websites ahead of a deadline today that could have seen its lucrative operating permit revoked. In a statement on his Twitter account, Communications Minister Tifatul Sembiring said
      AFP  -  364 words
  • Page 16 Advertisements
    • 2326 16 Annual Report For The Year Ended 30 September 2010 (AllamountsareexpressedinNewZealandcurrency) BANK OF NEW ZEALAND AND SUBSIDIARY COMPANIES STATEMENT OF FINANCIAL PERFORMANCE For the year ended 30 September 2010 Dollars in Millions Consolidated The Company 30/9/10 30/9/09 30/9/10 30/9/09 Interest income 3,447 4,074 3,674 4,331 Interest expense 2,166 2,723 2,456 3,115
      2,326 words

  • GREATER CHINA/INDIA
    • 516 17 China grew a robust 10.3% last year Reuters [BEIJING] China’s robust growth of 10.3 per cent for 2010 may give officials confidence to take more aggressive steps to quell price pressures, from stricter lending curbs to interest rate rises, as rising food costs in recent
      Reuters  -  516 words
    • 451 17 AFP [NEW DELHI] Indian organisers of the Commonwealth Games have left foreign contractors and sports bodies with millions of dollars of unpaid bills, business owners and diplomats said yesterday. Several hundred containers of equipment were also impounded in India after the Games,
      AFP  -  451 words
    • 376 17 Bloomberg [NEW DELHI] India’s food inflation slowed for a second week after Prime Minister Manmohan Singh’s government raided traders to prevent hoarding of farm goods and banned onion exports. An index measuring wholesale prices of agricultural products rose 15.52 per cent in
      Bloomberg; AP  -  376 words
    • 283 17 AFP [SHANGHAI] Chinese environmental groups yesterday singled out Apple for failing to tackle concerns over pollution and the health of workers at plants making parts for trendy gadgets such as its iPhone. In a new report, the groups said the US giant ranked last
      AFP  -  283 words
  • Page 17 Advertisements
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      408 words

  • WORLD
    • 597 18 Govt may levy flood tax, cut spending to balance budget by FY2012-13: Gillard Bloomberg [SYDNEY] More towns in the south-eastern Australian state of Victoria have been told to evacuate to escape surging rivers that are threatening levees, becoming the latest communities hit
      Bloomberg; AP  -  597 words
    • 343 18 AP [WASHINGTON] Republicans in the House of Representatives fulfilled a campaign promise, casting a largely symbolic vote to repeal President Barack Obama’s healthcare overhaul. The measure was sure to die in the Democrat-ic-controlled Senate and faced a certain veto if it should reach
      AP  -  343 words
    • 491 18  -  By LEE U-WEN [SINGAPORE] Singapore companies that have yet to explore business opportunities in the lucrative Middle East risk “short-changing” themselves in the long run. Many countries there are rich in natural resources and are prepared to spend hundreds of billions of
      491 words
    • 706 19  -  This follows decline in their appetite for risk and concerns about China By NEIL BEHRMANN in London FUND managers are becoming more cautious towards emerging markets although investment there is still at high levels, the latest Bank of America Merrill Lynch survey
      AP  -  706 words
    • 297 19 AFP [STOCKHOLM] Mobile phone manufacturer Sony Ericsson yesterday reported a return to profit in 2010 thanks to its Android-based smartphones but its fourth-quarter earnings and sales fell far short of analyst expectations. The Japanese-Swedish group, now the sixth-biggest player in the
      AFP  -  297 words
    • 791 19 But amount is less than 30b euros cited in a report: officials Reuters [MADRID] Spain’s government is finalising plans to raise fresh funds for its troubled savings banks, officials said, as its efforts to force the country’s regional administrations to cut spending began
      Reuters  -  791 words
    • 487 19 They soar 12.3% to an annual rate of 5.28m units LATEST US DATA Reuters Bloomberg [WASHINGTON] US home resales jumped more than expected in December despite bad weather as sellers cut prices, offering some hope for a sector that has been struggling to recover
      Reuters; Bloomberg  -  487 words
    • 388 19 AFP [HONG KONG] British composer Andrew Lloyd Webber’s multi-million dollar wine collection goes under the hammer in Hong Kong this weekend, underlining the eastward shift in the global wine and luxury markets. After realising he couldn’t drink his vast wine collection
      AFP  -  388 words
    • 18 19 ISIN-CODE NAME NAV DATE LU********** Man AHL Trend SGD Share SGD 98.75 10.01.11
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  • Page 18 Advertisements
    • 766 18 BEATS NOTICES NEWSPAPER NOTICE NOTICE IS HEREBY GIVEN that pursuant to Section 76(10)(h) of the Companies Act, Chapter50ofSingapore(the“CompaniesAct”),thefollowingresolutionwasdulypassedas special resolution at an extraordinary general meeting of YEO CHIANG PRIVATE LIMITED (Company Registration Number: *****9391W) (the “Company”) deemed to have been duly convened and held on 18 th January 2011, pursuant
      766 words
    • 409 18 DOVECHEM HOLDINGS PTE LTD (PROVISIONAL LIQUIDATORS APPOINTED) COMPANY REGISTRATION NO. *****1768R (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF ADJOURNMENT OF EXTRAORDINARY GENERAL MEETING WHEREAS pursuant to an Order of Court dated 14 January 2011 made in Originating Summons No. 1076 of 2010/V (the "Order of Court"), it was ordered,
      409 words
    • 467 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HAIKE OIL TRADING (SINGAPORE) PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (CO. REG. NO. *****8628K) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of Haike Oil Trading (Singapore) Pte. Ltd. duly convened and held on the 14th
      467 words
    • 196 18 Toll free: 1800-289-8822 Email: notices@sph.com.sg IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DESCO TECHNOLOGIES PTE. LTD. (COMPANY NO: *****0741N) (IN MEMBERS’ VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50, that the FINAL MEETING
      196 words
    • 397 18 NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CGMSMB LTD (IN MEMBERS’VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****0774G) NOTICE IS HEREBY GIVEN that the Final General Meeting of the members of the abovenamed Company will be held at 331 North Bridge Road
      397 words
    • 201 18 In the Matter Of The Companies Act, Cap. 50 And In The Matter Of BYSI 313 SOMMERSET PTE. LTD. Reg. No. *****8229N 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.
      201 words

  • Page 19 Advertisements
    • 42 19 BEST BUNGALOWS IN SENTOSA COVE FOR SALE (Serious Sellers) OCEAN DRIVE I Rare Unblocked Sea View 7,900/5,900 sqft Modern Design, 6 +1 Audio Room Pool TREASURE ISLAND 8,400/6,500 sqft 5 1+1 Audio Room Pool Berth for boat c. R. E 9487 0396
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  • AVIATION/SHIPPING
    • 594 20  -  Freight handled went up 11% while aircraft movements rose 9.7% last year By VEN SREENIVASAN RECORD passenger numbers in the final weeks of last year enabled Singapore Changi Airport to close 2010 with a record 42 million passengers crossing its gates. This comes after it
      AP  -  594 words
    • 569 20 [SYDNEY] Australia’s largest airline Qantas Airways flagged an industry-wide rise in airfares to help offset soaring oil prices that threaten to stall the global aviation sector’s recovery. Qantas chief executive Alan Joyce also reiterated he was still seeking an out-of-court settlement with
      REUTERS  -  569 words
    • 244 20  -  By JOYCE HOOI BOAT Asia is going to be held in two places for the first time this year. In addition to the existing show at Keppel Bay from May 12-15, a new show will run simultaneously at The Promontory@Marina Bay. “Marina Bay
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    • 278 20 SGX '000 Jan 20 S$ +/-Vol CH Offshore 0.49 unch 81 Chuan Hup Hldg 0.26 unch 1170 Cosco Corp 2.33 -0.09 ***** CWT Ltd 1.16 unch 3137 Ezra Hldgs 1.69 -0.05 6977 First Ship Lea 0.47 -0.01 2121 Freight Links 0.08 unch ***** Grand Banks unch unch 0
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    • 375 20  -  The deals will be carried out over the coming year By VEN SREENIVASAN ST AEROSPACE clinched about $320 million worth of new maintenance contracts during the fourth quarter of 2010. ST Aerospace, which accounts for 40 per cent of listed parent ST
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    • 3324 20 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi KU6457 1230 SQ456 1245 SQ457 1230 EY470 2200 VA7470 2200 Adelaide LH9771 1745 9W4082 2220 SQ278 1745 AF8088 2220 VS7278 1745 BA7382 2220 JL5083 2220 MU8214 2220 QF82 2220 LH9770 2350 SQ279 2350 VS7279 2350 Amsterdam LO4031 0605 JX817
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  • Page 20 Advertisements
    • 465 20 KAT^ NOTICES IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF PROTRUST ASIA PTE. LTD. (In Members' Voluntary Liquidation) (Co. Reg. No. *****7495W) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the member of the abovenamed Company duly convened and held pursuant to Section
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  • Page 21 Advertisements
    • 777 21 THE OPENING OF THE CHRIS-MARINE® SHOWROOM MARKS A NEW CHAPTER IN OUR PARTNERSHIP WITH YOU f e j I K I I P ft mm A mm i o n f w e're proud to announce the opening of our new showroom today, a significant initiative in enabling us to
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  • EDITORIAL & OPINION
    • 500 22 EDITORIAL THE state visit this week of China’s President Hu Jintao to Washington the first since that of his predecessor Jiang Zemin in 1997 comes at a time of rising USChina tensions. No doubt to the relief of both sides, the visit has
      500 words
    • 823 22  -  THE BOTTOM LINE NICHOLAS D KRISTOF NYT WHEN Deng Xiaoping made a landmark visit to the United States in 1979, he was seated near actress Shirley MacLaine. According to several accounts that MacLaine confirmed this week, she told Deng rhapsodically about a visit to China
      NYT  -  823 words
    • 889 22  -  Even the best of law firms will need new blood and talent in the new legal environment By CHAN SEK KEONG The writer is the Chief Justice of Singapore. He contributed this piece to ‘Rodyk 150 Years’, a book commemorating Rodyk
      FILE PHOTO  -  889 words
    • 1166 23  -  Financial deregulation ensured the housing boom benefited a narrow elite group, contrary to what Republicans claim By SIMON JOHNSON The writer, a former chief economist of the IMF, is co-founder of a leading economics blog, http://baselinescenario.com, a professor at MIT Sloan, and a senior
      AFP  -  1,166 words
    • 813 23  -  By H.D.S. GREENWAY The writer is an American journalist AFGHANISTAN’S barren hills have received the bones of countless foreigners down through the centuries invaders; traders whose camel caravans linked Asia to Europe; soldiers of fortune and men-who-would-be-kings. Its most prominent mountain range, the Hindu Kush,
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  • SINGAPORE STOCKS
    • 9078 24 Transaction date: Jan 20 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 3148 8Telecom 19 unch 72 19 19 19 19.5 1.7 9.5 6.1 91 12 4.5 5834
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    • 1675 25 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 7 4 1181 t AA Grp 5 4 5 27.8 4.8 225 130 6222 t APStrategic 163 -2 5 167 158 160
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    • 9489 25 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.38/ APS Alpha Fund (USD)!** 1.08/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM
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    • 873 25 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 107 6389 ABF SG Bond ETF 113 110.5 112.9 515.8 1070 761 CIMBAsean40 100US$ US1021 -10 235 1031 1020 1015 1020 40.8 335
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    • 257 25 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 6000 AVJennings A46.5 -0.5 1 46.5 46.5 46.5 48 3.6 7.5 3.7 121.1 55 16 6017 Genting HK US$ US46.5 -1.5 ***** 48
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  • FINANCE & COMMODITIES
    • 374 26 In local curr In S$ In US$ dy yr dy yr dy yr Jan 19 Index Change Change Change Change Change Change World Index Preliminary 919.6 -0.6 10.5 -0.5 2.5 -0.4 12.2 EAFE Preliminary 823.5 -0.5 4.9 -0.1 -1.5 0.0 7.9 Europe Preliminary 1196.8 -1.1
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    • 178 26 Jan 20 Bid $S Offer Bid 0vernight 0.04 0.02 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.02 US$ Offer Bid 7 days 0.35 0.25 1 month 0.40 0.30 2 months 0.43 0.33 3 months 0.46 0.36 6 months 0.55 0.45 9 months 0.80 0.60
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    • 23 26 Jan 20 S$ S$ Bid Offer 1-month 1.2876 1.2881 2-months 1.2875 1.2881 3-months 1.2875 1.2881 6-months 1.2880 1.2885 Source: OCBC
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    • 152 26 Jan 20 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Feb 11 573.9 570.0 573.9 12 Mar 11 570.0 570.0 570.0 14 Apr 11 570.0 May 11 570.0 570.0 570.0 10 Jun 11 570.5 570.0 570.0 16 Jul 11
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    • 84 26 Jan 20 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****A 21.04.2011 0.34 1-Year BY*****N 01.11.2011 0.41 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 103.40 5-Year N*****0S 2.875 01.07.2015 106.81 7-Year N*****0Z 2.375 01.04.2017
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    • 107 26 Jan 19 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 11 1411.50 1422.50 1431.75 1402.25 May 11 1422.00 1423.25 1441.75 1412.25 Jul 11 1428.00 1428.25 1446.50 1418.50 Aug 11 1401.50 1399.25 1415.00 1393.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 11 57.69
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    • 77 26 CRUDE OIL PRODUCTS Jan 19 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 98.56 0.46 WTI (Near Mth) 90.79 -0.52 Dubai (1-Mth F) 93.48 0.14 Tapis blend 102.90 -0.05 Minas 98.85 -0.05 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 96.11 0.39 Jet Kerosene 111.44 0.54 US$/barrel Opec Oil
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    • 2599 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 30 -1 203 1 10 -6 1.42 58 6221 Asia-Pacific Strat W*****6 32.5 0.5 1 1 150 12 5.02 40 6227 ASJ Hldgs W*****1 2 1
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    • 121 26 Jan 20 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.321 1.247 Can dollar 1.314 1.264 Euro 1.76 1.693 Sterling pound 2.091 2.011 NZ dollar 1.011 0.963 US dollar 1.306 1.256 Local dollars to 100 units of foreign
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    • 27 26 Jan 20 Open High Sett STI Jan 3205 SIMSCI Jan 384.1 384.7 379.0 Taiwan Jan 324.0 324.0 321.5 Source: MF Global (S) Pte. Ltd
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    • 65 26 Jan 19 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 11 3751 3792 3793 3750 637 8538 Mar 11 3746 3780 3782 3738 3849 ***** Apr 11 3698 3732 3735 3693 ***** ***** May 11 3639 3678
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    • 432 26 Jan 20 Jan 20 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar11 99.6550 0 3378 Jun11 99.5700 0 974 Sep11 99.4600 0 814 Dec11 99.2950 0 1336 EUROYEN TIBOR FUTURES Mar11 99.6550 99.6600 99.6550 99.6600 300 3076 Jun11 99.6450 140 1222 Sep11 99.6325 100 659 Dec11
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    • 466 26 Jan 20 Pound US$ A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.992 6.543 0.740 7.732 45.378 90.090 0.816 11.169 3.033 1.301 85.212 44.198 1.280 6.966 0.949 28.982 30.363 0.623 0.994 Canada
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    • 85 26 Jan 20 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • 154 26 Jan 20 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2791 1.2802 0.9933 0.9938 Canadian dollar 1.2894 1.2907 1.0013 1.0019 Euro 1.7296 1.7304 1.3432 1.3433 NZ dollar 0.9830 0.9841 0.7634 0.7639 Sterling pound 2.0530 2.0540 1.5943 1.5945
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    • 142 26 Jan 20 GOLD (US$/oz) Jan 19 Jan 20 Hong Kong 1374.20 1364.30 Jan 18 Jan 19 London 1366.87 1371.34 1367.64 1372.11 Source: Thomson Reuters Source: Thomson Reuters CAST BAR Jan 20 (S$) Selling Buying Kilobar 60,925.80 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 136 57 5gm 387
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    • 71 26 Jan 19 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2406.00 2426.75 3 months 2430.00 2450.00 Copper, Grade A (US$/tonne) Cash 9592.00 9723.50 3 months 9575.00 9700.00 Lead (US$/tonne) Cash 2562.00 2656.50 3 months 2531.00 2623.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
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    • 82 26 Jan 19 COCOA (£/tonne) Close Prev High/Low Mar 11 2055 2010 2060/2003 May 11 2042 2000 2050/1995 Jul 11 2046 2003 2054/2006 Sep 11 2043 2005 2050/2007 COFFEE (US$/tonne) Close Pev High/Low Jan 11 2110 2140 2126/2119 Mar 11 2119 2147 2155/2110 Jul 05 2144 2171 2176/2134 Jul 11
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  • ARTS
    • 492 29 Guru of Chai combines fine storytelling and dramatisation, says CHEAH UI-HOON WHAT makes a night out at the theatre enjoyable is when you’re masterfully taken almost by sleight of hand into a story which, while unfolding, still leaves enough room for your imagination to
      INDIAN INK THEATRE  -  492 words
    • 634 29  -  ART STAGE SINGAPORE REVIEW By CLARISSA TAN ACCORDING to much-vaunted bad-boy photographer David LaChapelle, Art Stage Singapore’s inaugural global contemporary art fair held last week is to be praised because it didn’t make him feel like a total slut. “The art fair was at once global
      PHOTOS: ARTSTAGE SINGAPORE  -  634 words
    • Article, Illustration
      564 29  -  By CHEAH UI-HOON WHAT did I learn after watching the play What Did You Learn Today? That a performance need not be a linear staging of a story; that there need not even be a story; and that randomness can leave one with a la-di-dah feeling. The Necessary
      PHISH COMM  -  564 words
    • 468 30  -  By CLARISSA TAN WHY don’t we try more consciously to eavesdrop on other people’s conversations? After all, modern life generously affords us the opportunities cramming next to each other as we do in the MRT, bumping into each other on Orchard Road during weekends, practically
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    • 767 30  -  Benedicto Cabrera, probably the best-selling Filipino painter of his generation, keeps his work tethered to the real world by essaying the plight of the disenfranchised, writes MADHVI SUBRAMANIAM MADHVI SUBRAMANIAM TALL and gentle Benedicto Cabrera, a much-acclaimed internationally known artist from the Philippines, is a man
      PHOTOS: BENCAB/SINGAPORE TYLER PRINT INSTITUTE  -  767 words
    • AROUNDTOWN
      • 326 30 TWO exhibitions in town showcase Singapore scenes in all their painted glory through artists’ eyes. Watercolourist Seah Kang Chui, president of the Singapore Watercolour Society, pays homage to locations and sights that have inspired him for the past 50 years. In this series of 30 watercolour
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      • 262 30  -  By CHEAH UI-HOON A little boy leaping over an apple, stocky men in uniform... there are some whimsical pieces of sculpture outside MOCA short form for the Museum of Contemporary Art run by Linda Gallery at the Loewen section of Dempsey Hill. Chinese artist Guo Jin is
        262 words
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  • PURSUITS
    • 1069 31  -  Riesling dessert wines are distinguished by their glorious bite, writes NK YONG writes NK YONG SOME time ago I discovered German sweet (dessert) wines. They converted me, not totally but for the large part! What is it about German dessert wines that sets them almost a
      1,069 words
    • 695 31  -  BY LYNN KAN SOMETIMES, fiction strays into the bounds of reality. An upcoming example of this is in Singapore Lyric Opera’s staging of Carmen, a tragi-comic love story of the tempestuous and untameable gypsy Carmen. The role of Carmen seems tailor-made for mezzo-soprano Sophie Fournier. Ms
      SINGAPORE LYRIC OPERA  -  695 words
    • 467 31  -  FOOD By MICHELLE LOCKE TELEVISION stars Martha Stewart and Rachael Ray you expect. But Steve Jobs on a list of the 50 most powerful people in food? The idea was to choose people “who directly or have the ability to directly affect
      AP  -  467 words
    • 58 31 TheDailyMeal’s movers and shakers in the culinary world include: 1. The Consumer 2. Thomas J. Vilsack 3. Hugh Grant (top right) 4. Michelle Obama (right) 5. Steve Jobs (bottom) 6. Alice Waters 7. Brooke Johnson 8. Mike Duke 9. Sam Sifton 10. Jim Skinner
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  • Page 31 Miscellaneous
    • 325 31 CRYPTIC CROSSWORD Across 1 Legislator from European Parliament in service (6) 4 Lumpy gazpacho perhaps left a little earlier (8) 9 Wickerwork covering for ’ocks and ’aunches? (6) 10 Racing vehicle back in grid places to rest (5,3) 11 Drugged-up leaders of escapade are fined without hearing (5-4) 13 Enact
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  • MUSIC/GAMING
    • 1033 32  -  Classical guitarist Kevin Loh is giving back to Singapore’s youth arts community, reports CHRISTOPHER LIM reports CHRISTOPHER LIM THOSE who know Singaporean guitarist Kevin Loh (right) from his YouTube videos will probably associate him with the difficult Bach, Faure and Kotaro Oshio pieces he pulls off, but you
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    • 540 32  -  By CHRISTOPHER LIM CLASSICAL piano recitals aren’t often fraught with overt displays of emotion, but only a blind man could have missed the tears in Melvyn Tan’s eyes as he finished his second of three encores at his first-ever public concert in Singapore
      ELIZABETH NOVICK  -  540 words
    • 599 32  -  GAMING REVIEW By CHRISTOPHER LIM FACIAL expressions have traditionally been captured in games and movies by tracking markers on actors’ faces, such as in animated films like 2009’s A Christmas Carol. But gaming has been granted first dibs on a new type of motion
      599 words
    • 637 32  -  CD REVIEWS By CHRISTOPHER LIM AN EMBARRASSMENT of riches is what we’re facing. The first quarter of this year is peppered with mainstream concerts from big-name acts like the Eagles, Eric Clapton and Iron Maiden. But there are also plenty of indie acts coming. Young Irish band the
      PHOTOS: DOMINO  -  637 words

  • CINEMA
    • 651 33  -  Director Clint Eastwood’s pared down style staves off the fear of Death’s door, writes GEOFFREY EU CLINT Eastwood has a way of making movies that gently sneak up on us, slowly but surely drawing the audience in until the final credits roll. There’s nothing false or
      PHOTOS: WARNER BROS  -  651 words
    • 609 33  -  By DYLAN TAN TO SHOOT his latest gongfu blockbuster Shaolin, veteran director Benny Chan built a 3:1 scale replica of the famous 1,500-year-old temple on a 100,000 sq ft lot. Then in one of the movie’s many spectacular battle scenes, he had it torched and
      609 words
    • 563 33  -  DVD REVIEW By CHRISTOPHER LIM LIVING up to science-fiction franchises is a tricky business, and now that director Ridley Scott is reported to have abandoned work on a much-hyped prequel to 1979’s Alien, it’s timely to look at Predators the latest sequel to a
      563 words
    • 631 33  -  By KENNETH TAY TAKE a bite out of Gareth Edwards’ indie debut Monsters and you will see that this British sci-fi thriller is not your average monster film. Monsters was shot on a shoestring production budget reportedly US$ 15,000 (S$19,290) well below the poverty
      VERTIGO FILMS  -  631 words

  • 1776 34  -  With more affordable cameras on the market, new photography classes opening and even a new online print gallery here, the photographic playing field is being levelled for everyone from novice to seasoned pros, writes CHEAH UI-HOON writes CHEAH UI-HOON SHE bought a Canon 5D Mark II about two
    THE SKY IS BLACK, CAN'T YOU FEEL IT? PRINT BY CRAIG REDMAN FROM VUE PRIVEE  -  1,776 words
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