The Business Times, 31 May 2011
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2011-05-31
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The Business Times
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Title Section23 2011-05-31 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Tuesday, May 31,201123 words
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712 2011-05-31 1 LYNETTE KHOO - Implementing their internal review may take time for some By LYNETTE KHOO [SINGAPORE] The audit committees of various Sin-gapore-listed Chinese companies or S-chips are scrambling to update the Singapore Exchange (SGX) on their internal reviews before today’s deadline. Though their reports will likely712 words
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Article, Illustration818 2011-05-31 1 KALPANA RASHIWALA - With policy changes in the air, latest numbers could represent fork in road for market By KALPANA RASHIWALA [SINGAPORE] Mass market condo prices have been racing ahead, but a moderation may be around the corner. The NUS Singapore Residential Price Index (SRPI) increasedSource: NUS Institute of Real Estate Studies - 818 words
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Article143 2011-05-31 1 G ST INDEX 3,140.60 (+5.08) G ST INDEX FUTURES 3,141 (+5) G SIMSCI 365.73 (+0.11) H SIMSCI FUTURES 366.20 (-0.20) FOREX US$ S$ US$ (S$ per US$) 1.235 (US$/S$ per 1.646 2.033 EURO (US$/S$/E) 1.427 1.762 Foreign currency per US$ S$ YEN 80.80 65.50 RM 3.020 2.446 HK$143 words
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Advertisement153 2011-05-31 1 MARINA BAY SANDS Ku De Ta braces for battle to keep name PAGE 6 COMPANY NEWS A profitable year for many SGX companies PAGE ARTS FESTIVAL Brahms and Mahler: Songs at the heart of it all PAGE 12 PROPERTY Austral View in Tanjong Rhu sold through collective sale PAGE 38153 words
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TOP STORIES
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613 2011-05-31 2 PAULINE NG - Business users face 8.35% hike; future electricity tariffs to track gas prices By PAULINE NG in Kuala Lumpur MALAYSIA yesterday raised electricity rates by an average 2.23 sen or about 7 per cent to put a lid on the rising subsidy costs,613 words
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Article, Illustration291 2011-05-31 2 LYNETTE KHOO - By LYNETTE KHOO [SINGAPORE] The High Court rejected an appeal by Han Cheng Fong against the court’s dismissal of his application for summary judgment. Dr Han, former CEO of DBS Land and Fraser Neave, is suing Cleantech Partners (CTP) the291 words
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Article416 2011-05-31 2 Analysts look beyond April’s house price gains MASS market condo prices have been racing ahead, but a moderation may be around the corner. The NUS Singapore Residential Price Index rose 14.1 per cent in April year-on-year for the Non-Central Region, while the index for the Central Region gained416 words
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Article, Illustration530 2011-05-31 2 It says that Qatar bought rights to stage the 2022 WC Reuters AP [ZURICH] FIFA plunged deeper into crisis yesterday when its general secretary confirmed he had sent a private e-mail to a fellow executive committee member saying that Qatar bought the rights toReuters; AP; REUTERS - 530 words
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Article, Illustration697 2011-05-31 6 GRACE LEONG - High Court throws out application by MBS club owners to strike out suit By GRACE LEONG [SINGAPORE] Whether swish nightclub Ku De Ta gets to keep its name at Marina Bay Sands will be among key issues to be decided atYEN MENG JIIN - 697 words
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677 2011-05-31 6 MICHELLE QUAH - But it says that the allegations are not in contempt of court By MICHELLE QUAH [SINGAPORE] Singapore’s Attorney-General’s Chambers (AGC) says it disagrees with allegations made in an article published last week in The Jakarta Globe on the recent proceedings involving677 words
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432 2011-05-31 6 No activity detected at Grimsvoetn since 7am on Saturday AFP Bloomberg [REYKJAVIK] The eruption of Iceland’s Grimsvoetn volcano is considered over as there has not been activity there for days, a geologist at Iceland’s Meteorological Office told AFP yesterday. “We can’t seeAFP; Bloomberg - 432 words
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Page 2 Advertisements
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Advertisement202 2011-05-31 2 An advanced home entertainment no larger than the screen itself. Invisible Speakers Experience, hear and feel the pure clarity of the acclaimed Bose® sound without any visible speakers that is engineered to bring everything to life. Integrated HD Picture Come face to face with a masterpiece of sound and beauty202 words
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Advertisement62 2011-05-31 3 im i sis 4 1 1 n 0S m m > X i A 5T f f* ft v S *e y r «JSft SflSc *n*cEy« The China Club Singapore Proudly Celebrates 10 th Anniversary St An THE CHINA CLUB SINGAPORE 52nd Floor (Penthouse level) Capital Tower 168 Robinson Road62 words
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Advertisement98 2011-05-31 4/5 SINGAPORE MALAYSIA INDONESIA THAILAND Just when you thought you’d seen it all. Mark your calendars the region’s first PGA TOUR event is back. Get ready for new thrills and spills at the CIMB Asia Pacific Classic, Malaysia brought to you by CIMB Group. 27-30 Oct 2011, The Mines Resort Golf98 words
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Advertisement129 2011-05-31 6 S A VOU R THE J O Y O F H A VIN G TIME O N Y O UR S IDE STAY LONGER COMPLIMENTARY 3RD NIGHT Linger a little longer in our refurbished interiors soothing, sleek and streamlined with the latest technology. For more information, contact your travel consultant,129 words
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COMPANY NEWS
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411 2011-05-31 7 JAMIE LEE - Deals are with Sevan Drilling, not with its troubled Norwegian parent By JAMIE LEE COSCO Corporation says all its four vessel building contracts are with Sevan Drilling and not with its Norwegian parent Sevan Marine. The Singapore-listed company made this distinction in an announcement411 words
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345 2011-05-31 7 MICHELLE TAN - By MICHELLE TAN FAIR value gains of US$5.9 million helped more than double Z-Obee Holdings’ full-year net profit to US$11.4 million from the preceding financial year’s US$5.2 million. The bulk of the US$5.9 million jump stemmed from a US$5.7 million gain in fair value345 words
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167 2011-05-31 7 AN eight-week clinical trial of a mobile health monitoring device that can relay 24-hour blood pressure and heartbeat patterns of patients to their healthcare providers was announced yesterday. One hundred patients from Frontier Healthcare Group will wear the monitoring device, BProG2, which will167 words
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Article, Illustration299 2011-05-31 7 MAXIE AW YEONG - By MAXIE AW YEONG CONSTRUCTION and property company Low Keng Huat has clinched a $66.3 million contract awarded by Perennial Real Estate Group to give Chinatown Point a major renovation and face-lift. It will be working on additions and alterations for theFILE PHOTO - 299 words
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Article, Illustration459 2011-05-31 8 EMILYN YAP - 86% of 73 with March year-end in the black; a few pay special dividends By EMILYN YAP THE last 12 months have been decent for most of the 73 Singapore-listed companies which released results for the financial year ended March 31.Compiled by BT - 459 words
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337 2011-05-31 8 MINDY TAN - By MINDY TAN LUM Chang Holdings yesterday announced the early exercise of a put option by Recosia Pte Ltd, an affiliate of GIC Real Estate, which allowed Lum Chang to acquire Reco Sungei Long for a reduced cash consideration of RM106 million (S$43.2 million).337 words
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COMPANY BRIEFS
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Article83 2011-05-31 8 GP Industries’ net profit dived 29.7 per cent to $23.8 million for the year ended March 31, 2011, from $33.85 million for the preceding year. Revenue climbed 25 per cent to $336 million. Gross profit margin fell from 28.1 per cent to 26.8 per cent.83 words
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Article66 2011-05-31 8 NEPTUNE Orient Lines’ (NOL) container shipping volumes increased 9 per cent year on year for the four weeks from April 9 to May 6 to 231,000 forty-foot equivalent units (FEUs). This was due to higher volumes on the intra-Asia and Asia-Europe trade lanes. However, average66 words
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Article, Illustration486 2011-05-31 8 FELDA CHAY - By FELDA CHAY WAREHOUSE owner Global Logistic Properties (GLP) posted a 63 per cent drop in fourth quarter net profit to US$49.2 million from a year ago when it recorded a US$100.2 million fair value gain, as opposed to a fair486 words
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235 2011-05-31 8 CAPITALAND yesterday said that it has bought a 65 per cent stake in a company that plans to develop a plot of land in Ho Chi Minh City, Vietnam, into around 800 affordable, or value, homes. CapitaLand, Singapore’s largest property group by market235 words
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190 2011-05-31 8 MAINBOARD-listed waste management company En-viro-Hub Holdings said yesterday it is buying the recycling plant of IUT Singapore, which has gone into liquidation. The transaction is being done by Enviro Property, a wholly owned subsidiary of Enviro-Power in which En-viro-Hub Holdings owns a 95 per cent190 words
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200 2011-05-31 8 MAINBOARD-LISTED China Environment yesterday announced that its whol-ly-owned subsidiary, Fujian Dongyuan Environmental Protection, secured eight contracts totalling 105.6 million yuan (S$20.1 million). The contracts are from clients in the mining, steel, chemical, and power generation sectors and relate to the design, construction and installation200 words
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Article392 2011-05-31 11 MINDY TAN - This follows US$67m loss last year; revenue soars 162% to US$67m TURNAROUND COMPANIES By MINDY TAN HIGHER revenue helped digital media products maker Contel Corporation return to the black for the year ended March 31, with a net profit of US$1.7 million, after a US$67392 words
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370 2011-05-31 11 MICHELLE TAN - By MICHELLE TAN CHINA Healthcare, formerly known as Econ Healthcare, returned to the black for the full year ended March 31, thanks to the absence this time of impairment losses. Helped by higher revenue, the company registered a net profit of370 words
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272 2011-05-31 11 APL, a unit of Neptune Orient Lines, has begun to shut down the engines of docked ships as part of its move to cut some 50,000 pounds of emissions a year in Oakland, California. The process is known as cold-ironing, during which272 words
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Article, Illustration340 2011-05-31 11 ENYA LIM - By ENYA LIM LAND development, private housing and real-es-tate project business group Yoma Strategic Holdings yesterday reported a net profit of $2.79 million for the year ended March 31, helped by fair value gains of an associated company. The year’s net earnings were more than340 words
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Advertisement33 2011-05-31 7 For us, private banking means gaining trust by providing security. Also yours: +65 6532 5325 orwww.claridenleu.com Clariden Leu Ltd., Singapore Branch, Singapore swiss PRIVATE BANKING SINCE 1755 Registration No. T05FC6718B-PTE-01 Clariden W Leu33 words
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Advertisement134 2011-05-31 8 t 11 SATS congratulates /7AW/7//? on its inaugural flight to Singapore 31 May 2011 Local Time As Finnair's first-choice catering partner at Singapore Changi Airport, SATS is committed to deliver high quality meals and exceptional service with care, warmth and professionalism to delight users and exceed customers' expectations. We will134 words
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Advertisement1807 2011-05-31 9 OFFER FOR SUBSCRIPTION BY PERENNIAL CHINA RETAIL TRUST MANAGEMENT PTE. LTD. Offering of 563,579,000 Units Public Offer Size: 52,128,000 Units Offering Price: S$0.70 per Unit ERENNIAL CHINA RETAIL TRUST (a business trust constituted on 22 February 2011 under the laws of the Republic of Singapore) Managed by Perennial China Retail1,807 words
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SINGAPORE MARKETS
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Article, Illustration596 2011-05-31 10 R SIVANITHY - Stocks were drifting lower in thin volume as the STI rose just 5.08 points to 3,140.6. STOCKS R SIVANITHY Senior Correspondent THE closure of Wall Street yesterday for Memorial Day meant that trading in local stocks, already hit by thin liquidity for many weeksSource: Bloomberg - 596 words
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Article110 2011-05-31 10 Stock name Close Change Stock name Close Change CapMallsAsia 1.630 +0.020 CapitaLand 3.090 -0.020 CapitaMall 1.960 +0.020 CityDev 11.100 ComfortDelGro 1.440 DBS Grp 14.780 +0.060 F&N 6.100 +0.060 GLP 1.990 +0.010 Genting SP 1.990 -0.010 Golden Agri 0.695 -0.005 HK Land 7.410 +0.010 JMH 52.240 +1.320110 words
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Article186 2011-05-31 10 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 5 6 0 0 0 6 5 6 Manufacturing 30 59 64 3 5 10 33 64 74 Commerce 17 14 27 2 3 2 19 17 29 Tpt/Stor/Comms 10 15 20186 words
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Article121 2011-05-31 10 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 17,816 17,816 42,994 42,994 Manufacturing 159,384 12,433 171,817 138,640 797 139,437 Commerce 91,507 7,180 98,687 95,066 1,382 96,448 Tpt/Stor/Comms 73,211 2,227 75,438 133,718 245 133,964 Finance 10,176 10,176 106,746 106,746 Construction 27,022 2,503 29,525 11,498121 words
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Article65 2011-05-31 10 May 30 VALUE CLOSE BT OB/OS -380.00-159.00 BT CADI -*****.00 -48.00 BT 10-day MA -*****.00 -38.00 FTSE ST Mid Cap 755.93 -0.07 FTSE ST Small Cap 529.86 -1.92 FTSE ST All Share 768.88 +0.78 FTSE ST China Top 261.14 -1.73 FTSE ST China 298.77 -1.89 FTSE ST65 words
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Article59 2011-05-31 10 VOLUME Golden Agri 79,494,000 NexGenSCom 40,945,000 Genting SP 34,369,000 Dyna-Mac 34,195,000 Cosco Corp 28,436,000 Nam Cheong 26,795,000 Artivision 23,364,000 MapletreeCom 21,929,000 IndoAgri 17,980,000 Transcu Grp 17,830,000 VALUE($) IS MSCI India 100 122,374,788 Genting SP 68,815,440 Golden Agri 56,019,580 Cosco Corp 55,834,530 UOB 40,108,890 IndoAgri 29,735,960 Olam 29,598,08059 words
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BROKERS’ TAKE
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Article497 2011-05-31 10 May 30 close CIMB RESEARCH THE three telcos turned in mixed performances as StarHub disappointed while M1 and SingTel fell in line with expectations. The key events in Q1 CY11 were surprise capital management at SingTel and margin compression for the two larger telcos. We remain “underweight” on497 words
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Article305 2011-05-31 10 LYNN KAN - Compiled by LYNN KAN May 30 close: US$0.95 DBS Group Research, May 30 THROUGHPUT volumes on track with our projections. Based on reported numbers from Cosco-Pacific (HPH Trust does not disclose monthly operating statistics), throughput volumes at HPHT’s Cosco-Hong Kong International Terminal (HIT) and Yantian Port305 words
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Article124 2011-05-31 10 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first, second, or third quarter q-o-q quarter-on-quarter ROE124 words
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Article, Illustration544 2011-05-31 10 CURRENCIES Reuters [LONDON] The euro eased yesterday, pulling away from a key chart resistance as uncertainty over how Greece’s debt crisis will be tackled kept investors on edge, while the dollar stabilised following a slide late last week. With volumes low dueReuters; REUTERS - 544 words
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Article114 2011-05-31 10 BY CENTS CLOSE UP JMH 5224 162.9 2.6 GLD 10US$ ***** 96.3 0.5 DBXT FTChina25 10US$ 3235 71.6 1.8 Lyxor MS India 10US$ 1598 32.1 1.7 Jardine C&C 4000 32.0 0.8 UOB 5.05%NCPS 100 ***** 30.0 0.3 DBXT MSINDIA 10US$ 1010 24.7 2.0 JSH 2950 24.7 0.7 DBS Bk114 words
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Article122 2011-05-31 10 BY CENTS CLOSE DOWN DBXT Nifty 10US$ ***** -51.8 -0.3 DBXT SPASX200 10US$ 3621 -42.0 -0.9 STXPO 100 870 -32.0 -3.5 UOB 1928 -18.0 -0.9 DBXT MSAsExJp 10US$ 3406 -16.0 -0.4 DBXT S&P Short 10US$ 4191 -13.6 -0.3 Lyxor Malaysia 10US$ 956 -13.6 -1.1 DBXT MSPacExJp 10US$ 463 -11.1122 words
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Advertisement113 2011-05-31 11 get thinking FX/CFD trading 0.1% commission and Direct Market Access on Singapore share CFDs O Straits Asia Resources 11 Consideraton SO ***** Guaranteed market prices for all share CFDs, with Singapore's No.1 for CFD Customer Satisfaction.* Award-winning, online platform with Direct Market Access. No GST, no exchange fees, no clearing113 words
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SINGAPORE NEWS
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620 2011-05-31 12 MICHELLE TAN - 18% of businesses here plan to use it as trade settlement currency by this year By MICHELLE TAN MORE businesses in China are planning to use the yuan in cross-border trades going forward, says a survey by HSBC. Not surprisingly, the heightened interest in620 words
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Article, Illustration1610 2011-05-31 12 ANNA TEO - By ANNA TEO “IT is hard to describe the feeling when one works towards a day for years, and finally is standing on the banks of the Rubicon. Our people have been tireless, rooted in a sense that our efforts will bring about someYEN MENG JIIN - 1,610 words
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Article, Illustration488 2011-05-31 12 CHRISTOPHER LIM - SINGAPORE ARTS FESTIVAL By CHRISTOPHER LIM WHO would have thought that two composers of grand symphonies would be connected by the humblest of folk songs? Yet, that’s the thread that runs through the programme of the Mahler Chamber Orchestra (MCO), which will be488 words
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463 2011-05-31 12 EDITH PODESTA - But half of commissioned double-bill was muddied and confused near the end By EDITH PODESTA The writer is head of acting at LaSalle College of the Arts IN The Middle, a double-bill commissioned by the Singapore Arts Festival featured two emerging choreographers: Foo Yun Ying463 words
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Article, Illustration633 2011-05-31 13 MICHELLE QUAH - They are the most optimistic in Asia about the job market By MICHELLE QUAH EMPLOYEES are likely to continue calling the shots in the job market in the near future, judging by the proportion of professionals thinking of changing jobs in theFILE PHOTO - 633 words
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536 2011-05-31 13 NISHA RAMCHANDANI - Bank guarantee may have been forged, director tells CAD By NISHA RAMCHANDANI IN the latest in a litany of woes besieging the Changi Motorsports Hub (CMH) project, a complaint has been lodged with the Commercial Affairs Department (CAD) alleging that a bank guarantee536 words
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Advertisement176 2011-05-31 13 SHIFT_the way you move NISSAN IF YOU CAN'T HANDLE THE ATTENTION, DRIVE A SEDAN. K\ ■Jttf lUKfc Nissan Xovers If you love cruising the roads and bruising some ego, join the Nissan Crossover league. Where every drive is an ego trip of power and dynamism. Arrogance may be in our176 words
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SME Inc
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Article, Illustration885 2011-05-31 14 IDAYU SUPARTO - Software company Friar Tuck gives organisations scheduling solutions that optimise their resources, reports IDAYU SUPARTO IDAYU SUPARTO LIKE the character in Robin Hood that software company Friar Tuck is named after, its director Alan Sevugan says it aims to be sought after by others forARTHUR LEE - 885 words
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Article, Illustration902 2011-05-31 15 CLEMENT QUEK - Furniture from Haleywood has brand cachet because the company is managed out of S’pore, reports CLEMENT QUEK CLEMENT QUEK ANY furniture manufacturer who says he has a perfect production record with no furniture defect is either untruthful or very new in the business. DefectsYEN MENG JIIN - 902 words
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Article, Illustration814 2011-05-31 16 ROGER LOO, JOSEPHINE TAM - A strong sense of purpose is needed for successful succession planning at Asian family businesses COMMENTARY By ROGER LOO, JOSEPHINE TAM The writers are director and consultant respectively of strategic advisory services at BDO Consultants Pte Ltd. They are accredited family business advisers with Family BusinessAFP - 814 words
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429 2011-05-31 16 TEH HOOI LING - By TEH HOOI LING BEST World, which sank into the red with its firstquarter results, was the biggest drag on our portfolio in the last five trading sessions to yesterday. It slumped by 13.3 per cent, after reporting a loss of $725,000429 words
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439 2011-05-31 16 ASK NUS PROFS Q: I run a small business with just three staff. Since working together we have had a cordial relationship. Lately, I’ve been wanting to add another member to the team as business has improved. However, the staff seems rather resistant to439 words
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Advertisement513 2011-05-31 14 A Seminar That Brands Your Brand For Success The core idea that defines who you are, your brand legacy hinges on an inspiring vision and an actionable strategy to create lasting customer affinity. Come discover and develop your brand legacy at the Brand Seminar which features prominent brand practitioners. This513 words
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Advertisement100 2011-05-31 15 nA .10 ,W\\WI e s 6^ c.® 9<° 'Oi tvjS e *t X® xf^ S V Vl o Q_ a; u QJ O 1 WHERE THERE'S ROOM FOR IMPROVEMENT, WE'LL FIND IT. At DHL, we understand that your business needs are constantly changing. What worked perfectly in the past may100 words
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Advertisement18 2011-05-31 16 Pacify the Raging Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Apology Notices MATS NOTICES18 words
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Advertisement194 2011-05-31 17 A Landmark Success 1,1 Am EXCELLENCE W JFII ft. AWARD Partner 2007 WINNER SING AFORE INNOVATION CLASS Jurong Shipyard and new partner Song a Offshore jointly celebrate the Naming of Songa Eclipse. The 6 th generation ultra-deepwater semi-submersible, a rig truly capable of eclipsing all others, was named by Lady194 words
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ECONOMY WATCH
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Article, Illustration771 2011-05-31 18 ANTHONY ROWLEY - Bearish OECD views on aftermath fuel fears over global economic impact By ANTHONY ROWLEY in Tokyo THE forecast last week by the OECD that Japan’s economy will contract by nearly one per cent this year has fuelled fears that the country’s recovery from theAP - 771 words
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444 2011-05-31 18 Momentum has braked in the US, Europe and Asia Reuters [BERLIN] Add a manufacturing slowdown to the growing risks facing the world economy. High input prices, supply chain disruptions from the tsunami disaster in Japan and slowing demand from China have combined toReuters - 444 words
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387 2011-05-31 18 Bloomberg [NEW YORK] Mexican pension funds are stepping up their purchases of longermaturity bonds at the fastest pace since December as inflation holds near a five-year low. Pensioners, the second- largest fixed-income investors in the country, boosted their holdings of fixed-rate bondsBloomberg - 387 words
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444 2011-05-31 18 Stronger dollar hit earnings for exporters, while flooding in Queensland hurt miners Reuters [SYDNEY] Australian company profits fell in the first quarter as a stronger local dollar dampened earnings for exporters and massive flooding in Queensland hit coal miners, painting a soggy picture forReuters - 444 words
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Advertisement1238 2011-05-31 18 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg Incorporated in France with limited liability Head Office: 9, quai du Président Paul Doumer ***** Paris La Défense cedex France Website www.ca-cib.com Singapore Branch: 168 Robinson Road #22-01 Capital Tower Singapore *****2 Tel 65 6535 4988 Fax 65 6532 2422 Consolidated Balance Sheet1,238 words
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MALAYSIA/INDONESIA
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Article, Illustration354 2011-05-31 19 Spreading false allegations of graft ‘cowardly’, he says AFP [JAKARTA] Indonesian President Susilo Bambang Yudhoyono yesterday angrily denounced the media and users of social networking websites for spreading false allegations against his embattled party. The ex-general lashed out at those spreading allegations of graftAFP - 354 words
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433 2011-05-31 19 Reuters [NUSA DUA, Indonesia] India will surpass Japan to become the leading buyer of Indonesian coal this year, taking as much as 60 million tonnes to help meet India’s burgeoning power demand, the Indonesian Coal Mining Association said yesterday. India willReuters - 433 words
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804 2011-05-31 19 Budget constraints, bond market could force hard option on Indonesia, M’sia Reuters [SINGAPORE] Indonesia and Malaysia, where subsidies consume a big share of public spending, have a narrow window of opportunity to pare back politically popular fuel subsidies on their own schedule beforeReuters - 804 words
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Advertisement179 2011-05-31 19 Parkway Shenton Wellness With A In -—*3 'd w What women deserve are luxury, comfort and privacy. At LUXE Wellness Centre for Women, we offer a private and conducive setting for women of all ages to access our one-stop healthcare, medical aesthetics and preventive health screening services. Served by ladies179 words
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GREATER CHINA/INDIA
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527 2011-05-31 20 It wants to have 10m users in 2 years from 300,000 now and raise US$5m by end June Reuters [SHANGHAI] In a country where being connected is seen as crucial, Ushi, China’s answer to LinkedIn, expects explosive growth over the next few yearsReuters - 527 words
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439 2011-05-31 20 The monsoon is expected to advance in the two southern provinces in a couple of days Bloomberg [MUMBAI] India’s monsoon, which represents more than 70 per cent of its annual rainfall, landed two days early, potentially boosting production of rice andBloomberg - 439 words
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Advertisement3622 2011-05-31 20 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. INNO-PACIFIC HOLDINGS LTD (Company Registration Number *****1788K) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICEISHEREBYGIVEN that an Extraordinary GeneralMeeting of Inno-Pacific Holdings Ltd (the“Company”) will be held at Level 2 Nautica III, Republic of SingaporeYacht Club, 52 West Coast3,622 words
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Advertisement2067 2011-05-31 21 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg yv DDC M KDJ The Royal Bank of Scotland RBS Holdings N.V. Incorporated in the Netherlands Head Office: Gustav Mahlerlaan 10, 1082 PP Amsterdam, The Netherlands Singapore branch:Level 26, One Raffles Quay South Tower Singapore *****3 RCB2,067 words
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WORLD
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Article, Illustration496 2011-05-31 22 No-confidence motion in the works to force him to quit or call snap election Reuters [TOKYO] Japanese voters overwhelmingly want to replace Prime Minister Naoto Kan but about half want him to stay until the worst of the nation’s nuclear crisisReuters - 496 words
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348 2011-05-31 22 AFP [BERLIN] Germany yesterday announced plans to become the first major industrialised power to shut down all its nuclear plants, with a phase-out due to be wrapped up by 2022, the government agreed yesterday. Environment Minister Norbert Roettgen announced the decision, whichAFP - 348 words
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340 2011-05-31 22 AFP [SYDNEY] Australian Prime Minister Julia Gillard yesterday intensified her campaign for a carbon tax as 140 prominent citizens joined calls backing her divisive proposal. Australians are among the world’s worst per capita carbon polluters, but plans for the tax aimed at cuttingAFP - 340 words
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492 2011-05-31 23 But call for a probe into her role in a legal case in 2008 casts a shadow Reuters [PARIS] G-8 leaders all back French Finance Minister Christine Lagarde’s bid to run the IMF, Foreign Minister Alain Juppe said on Sunday, as the candidateReuters - 492 words
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Article, Illustration469 2011-05-31 23 Reuters [MEXICO CITY] Mexican billionaire Carlos Slim may have to wait for years to enter his domestic television market now that the government has rejected his bid so close to next year’s presidential election. Mr Slim must go back to the drawing boardReuters - 469 words
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231 2011-05-31 23 Bloomberg [SEOUL] Samsung Electronics Co sought a court order to force Apple Inc to disclose iPhone and iPad models under development, claiming it needs the information to defend against allegations of copying. Samsung must see the final versions of the iPhone andBloomberg - 231 words
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Article, Illustration523 2011-05-31 24 Causes of the last one haven’t been resolved yet Bloomberg [TOKYO] Mark Mobius, executive chairman of Templeton Asset Management’s emerging markets group, said another financial crisis is inevitable because the causes of the previous one haven’t been resolved. “There is definitely going to beBloomberg; BLOOMBERG - 523 words
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415 2011-05-31 24 Reuters [SEOUL] A close aide to South Korean President Lee Myung Bak was arrested yesterday on charges of taking bribes from a now-suspend-ed savings bank, in a case that analysts say signals the start of electoral mudslinging and could stall policymaking. The corruptionReuters - 415 words
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559 2011-05-31 24 Opposition demand for tax cuts complicates bid to avert default AP [ATHENS] The European Union is working on a second bailout package for Greece in a race to release vital loans next month and avert the risk of the eurozone country defaulting, EUAP - 559 words
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400 2011-05-31 25 Some were launched offshore against big resource firms and other businesses Reuters [CANBERRA] Australia’s government urged companies yesterday to tighten vigilance over cyber attacks launched offshore against some of the world’s biggest resource firms and other businesses, warning high-tech threats were intensifying. LockheedReuters - 400 words
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290 2011-05-31 25 Bloomberg [TOKYO] Radioactive soil in pockets of areas near Japan’s crippled nuclear plant have reached the same level as Chernobyl, where a “dead zone” remains 25 years after the reactor in the former Soviet Union exploded. Soil samples in areasBloomberg - 290 words
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Article, Illustration408 2011-05-31 25 REUTERS Reuters BREAKINGVIEWS [NEW YORK] Microsoft has missed too many opportunities under Steve Ballmer’s stewardship. It’s a fair criticism reignited this week by hedge fund boss David Einhorn’s call for the software giant’s CEO to step down. But that alone doesn’t necessarily mean heREUTERS; Reuters - 408 words
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Article, Illustration450 2011-05-31 26 Outbreak hits other European countries, mostly due to travel from Germany AFP [BERLIN] Germany called crisis talks yesterday over warnings that an outbreak of E coli bacteria poisoning, which is believed to have already left 10 dead, was still spreading. Some twoAFP - 450 words
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364 2011-05-31 26 Bloomberg [LONDON] Adidas AG, the world’s second-largest sporting-goods maker, plans to use the London 2012 Olympics to bridge a gap with Nike Inc in the UK capital that gives its larger competitor overall market leadership in the country. Adidas controls about 15Bloomberg - 364 words
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Page 22 Advertisements
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Advertisement1061 2011-05-31 22 MATS BUY IT-SELL IT-FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg Balance Sheet As at December 31, 2010 Head Office: 69 route d'Esch, L-1470 Luxembourg Singapore Branch: 9 Raffles Place, #29-01, Republic Plaza, Singapore *****9 2009 2010 '000 '000 Assets Cash and balances with central banks 142,443 101,989 Loans and1,061 words
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Advertisement67 2011-05-31 22 Choice f T ln Singapore tabla t HEARTBSM ILMOA««0 DHAWSIVA* JTIO" IXROCCAW s^-sr. FEVER "ZVSSZ***"™ -LHAV* F.Y> QRF WI rMP** ■R.'J Jj Incisive features from India, news about the local Indian community, as well as business, education, entertainment, food and sports... with an Indian slant of course. An English weekly67 words
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Advertisement1184 2011-05-31 23 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg /_^='|"-~&['|[&_@[-==>;=|,=..:) Balance sheet at 31 December 2010 Board of Directors Profit and loss account for the year ended 31 December 2010 Year to Year to r) 80% of Basel I risk-weighted assets. 80% of Base! I risk-weighted assets including the positive difference between1,184 words
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Advertisement297 2011-05-31 24 Chi^b A children's charity concert for The Straits Times School Pocket Money Fund &The Business Times Budding Artists Fund Beneficiaries: 5 Money Fund C. STRAITS TIMES. I Budding Artists Fund r r Extend your love through Friendship and Hope, our theme for ChildAid 2011 an annual charity concert in aid297 words
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Page 25 Advertisements
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Advertisement1350 2011-05-31 25 NOTICES BUY IT-SELL IT-FIND IT NATURAL COOL HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****9967G NOTICE OF EXPIRY OF WARRANTS To: ALL HOLDERS OF WARRANTS TO SUBSCRIBE FOR NEW SHARES IN NATURAL COOL HOLDINGS LIMITED (THE "COMPANY") THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION.1,350 words
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Advertisement1042 2011-05-31 25 BUY IT-SELL IT-FIND IT MATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES Emirates NBD EMIRATES ISLAMIC BANK PJSC Head Office- Dubai Festival City, Office Tower, 13th floor P.O Box: 6564, Deira, Dubai, UAE GROUP CONSOLIDATED STATEMENT Independent auditors' report The Shareholders Emirates NBD PJSC Report on the consolidated financial statements We1,042 words
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Page 26 Advertisements
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Advertisement2187 2011-05-31 26 CONSOLIDATED STATEMENTS OF INCOME Years Ended December 31, 2010 and 2009 (Expressed in millions of Rupiah, unless otherwise stated) CONSOLIDATED BALANCE SHEETS December 31, 2010 and 2009 (Expressed in millions of Rupiah, unless otherwise stated) INCOME AND EXPENSES FROM OPERATIONS 2010 2009 ASSETS 2010 2009 Cash 9,521,713 8,867,881 Current Accounts2,187 words
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Advertisement5 2011-05-31 26 WWW.OI lifestyle.omy^g f TJPHSSM:* tr*5 words
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Advertisement30 2011-05-31 26 Over 91,216* downloads! I91.3FMI iCUTSHSUMXl sysn Sktf\re/TUis... ca 913FM Get your f l"GG iPhone/iPad app now! *as of 6th May 2011 91.3FM TODAY'S BEST MUSIC Available on the App Store30 words
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Page 27 Advertisements
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Advertisement47 2011-05-31 27 Growing From Strength ToStrength Call it a show of strength, vigour and versatility, we are Southeast Asia's leading media organisation, engaging minds and enrichinglivesthroughourimpressivesuiteofmediaplatforms,comprising18newspapertitles,morethan100magazines, radio, online and outdoor media. We have also flexed our muscle in diverse businesses ranging from property development, book publishing to events management.47 words
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EDITORIAL & OPINION
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502 2011-05-31 28 EDITORIAL BY all objective assessments, the Indonesian rupiah should be stronger than what it is now 8,525 rupiah to the US dollar. Yet, at a conference held over the weekend in Singapore, the theme that kept recurring was the country’s brilliant fundamentals.502 words
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Article, Illustration801 2011-05-31 28 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON IT has come to this. A year after rescuing Greece from default, Europe is staring into the abyss. The bailout has proved insufficient. Greece needs more money, and it can’t borrow from private markets where it801 words
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Article, Illustration1067 2011-05-31 28 ANDRES VELASCO - If only the pundits were right when they say the continent’s time has finally come By ANDRES VELASCO The writer is a former Chilean minister for finance THE Inter-American Development Bank (IADB) declared last July that this would be “Latin America’s Decade”. A couple of monthsBLOOMBERG - 1,067 words
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Article, Illustration1342 2011-05-31 29 KOBUS BEUKES, SIM GEOK KWONG - The Act is relevant to Singapore firms that have business in Britain or dealings with firms that have business there By KOBUS BEUKES, SIM GEOK KWONG The writers are director and assistant manager respectively of forensic services at Deloitte Singapore and South-east Asia. TheySTOCK.XCHNG - 1,342 words
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Article, Illustration751 2011-05-31 29 WILLIAM PESEK JR - WILLIAM PESEK JR The writer is a Bloomberg View columnist. The opinions expressed are his own. TEN weeks after the earthquake and tsunami, it’s tempting to give Japan a new name: Tepco Nation. What else is the world to think? Tokyo Electric Power751 words
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AVIATION
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Article, Illustration437 2011-05-31 30 Arrangers say early talk indicates pricing of 350 basis points over midswaps Reuters [DUBAI] Emirates, Dubai’s flagship carrier, is eyeing a benchmark five-year dollar bond with early talk indicating pricing of 350 basis points over midswaps, the lead arrangers said yesterday. Emirates, one ofReuters; BLOOMBERG - 437 words
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Article3218 2011-05-31 30 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1300 KU6458 1415 SQ458 1415 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7278 1745 VS7279 2350 9W4081 1820 AF8087 1820 AY5012 1820 BA7381 1820 JL7892 1820 MU8440 1820 QF81 1820 Ahmedabad NH6292 1855 SQ530 1855 Amsterdam3,218 words
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352 2011-05-31 30 Bloomberg [AMMAN] Iraqi Airways will appeal a court order to freeze its bank accounts in Jordan following a lawsuit by Kuwait Airways Corp, Karim al-Nuri, a spokesman for the Iraqi Minister of Transport, said. “We are preparing to appeal the Jordanian court order,”Bloomberg - 352 words
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Article, Illustration625 2011-05-31 30 The 48% rise in fuel prices costs airlines US$330 per pax AP [NEW YORK] To fly someone from New York to Los Angeles and back, airlines spend close to US$330 these days just on fuel. That’s a 48 per cent increase fromAP; BLOOMBERG - 625 words
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Page 30 Miscellaneous
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Miscellaneous366 2011-05-31 30 CRYPTIC CROSSWORD Across 1 A Parisian wearing shoes shows off (7) 5 Sound wood on a new item for collectors (7) 9 Temporary work pass on the way (7) 10 Talk covering venue for carnival transport (7) 11 Put a coat on and got drunk! (9) 12 Person abroad once366 words
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3086 2011-05-31 31 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination3,086 words
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Page 31 Advertisements
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Advertisement17 2011-05-31 31 TO ADVERTISE, CALL JOE WONG AT *****327 here in the Shipping Times? THE BUSINESS TIMES SHIPPING TIMES17 words
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SHIPPING
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Article, Illustration261 2011-05-31 32 Bloomberg [ISTANBUL] Yildirim Holding AS, a Turkish container port operator that owns 20 per cent of France’s CMA CGM SA, has agreed to buy 50 per cent of Malta Freeport Terminals from CMA CGM for 200 million euros (S$352.6 million). YildirimBloomberg; REUTERS - 261 words
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565 2011-05-31 32 But it will have a severe effect on roads, especially those built on ice AFP [PARIS] Global warming will have a devastating effect on roads in the Arctic, but open up tantalising routes for shipping, according to a study published onAFP - 565 words
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Article, Illustration286 2011-05-31 32 Reuters [HAMBURG] Water levels on the Rhine and Danube rivers in Germany remain low after hot, dry weather and some vessels are still sailing 80 per cent empty, traders said yesterday. An exceptionally dry spring in Germany has kept water levels lowReuters; AFP - 286 words
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Article278 2011-05-31 32 SGX '000 May 30 S$ +/-Vol CH Offshore 0.45 unch 56 Chuan Hup Hldg 0.25 unch 259 Cosco Corp 1.93 -0.01 ***** CWT Ltd 1.21 unch 495 Ezra Hldgs 1.57 0.02 1554 First Ship Lea 0.38 0.01 460 Freight Links 0.06 -0.01 675 Grand Banks unch unch 0278 words
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Page 32 Advertisements
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Advertisement191 2011-05-31 32 SOUTH EAST ASIA AND SOUTH ASIA AUSTRAUIA TRADE FACIEITATION AGREEMENT NOTICE TO TRADE BUNKER ADJUSTMENT FACTOR (BAF) In order to reflect the current costs of operations, we have updated the base bunker rate and other parameters for the monthly review of BAF. The current methodology to calculate BAF, however, remained191 words
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Advertisement15 2011-05-31 32 Experienced l>h;p maintenance services wanted. Can they find your services here in the Shipping Times?15 words
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SINGAPORE STOCKS
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Article8317 2011-05-31 33 Transaction date: May 30 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 8Telecom 16 15.5 16.5 7.8 3.8 3.4 76.6 12 4.5 A-Sonic 7.5 -1 866 8 7.5 7.5 88,317 words
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Article1594 2011-05-31 34 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 6 4 t AA Grp 4 3.5 4.5 19 3.9 202 145 t APStrategic 161 153 159 95.5 1.5 0.5 t Advanced System 0.51,594 words
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Article9812 2011-05-31 34 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.37/ APS Alpha Fund (USD)!** 1.11/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.74/ Aberdeen Asset Mgt Asia Limited American Opp 0.6586/ Asian Credit Fund9,812 words
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Article240 2011-05-31 34 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A49 49.5 50.5 3.6 7.1 3.9 127.6 55 16 Genting HK US$ US41 -0.5 1969 41.5 40.5 40.5 41 2699.7 21 10.5 Over&Gen A15240 words
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Article835 2011-05-31 34 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 113 113 515.8 1077 761 CIMBAsean40 100US$ US1035 1046 1055 41.4 350 276 DBS STI ETF 100 318 +1 53835 words
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FINANCE & COMMODITIES
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374 2011-05-31 35 In local curr In S$ In US$ dy yr dy yr dy yr May 27 Index Change Change Change Change Change Change World Index Preliminary 919.5 0.5 2.4 0.2 1.0 0.9 4.6 EAFE Preliminary 788.9 0.5 -1.5 0.6 -0.5 1.4 3.0 Europe Preliminary 1179.1 0.7374 words
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Article180 2011-05-31 35 May 30 Bid $S Offer Bid 0vernight 0.01 0 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.0625 US$ Offer Bid 7 days 0.23 0.13 1 month 0.28 0.18 2 months 0.33 0.23 3 months 0.38 0.28 6 months 0.48 0.38 9 months 0.70 0.50180 words
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Article22 2011-05-31 35 May 30 S$ Bid Offer 1-month 1.2342 1.2352 2-months 1.2342 1.2352 3-months 1.2341 1.2352 6-months 1.2339 1.2350 Source: OCBC22 words
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Article121 2011-05-31 35 May 30 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.364 1.287 Can dollar 1.287 1.238 Euro 1.798 1.729 Sterling pound 2.074 1.995 NZ dollar 1.042 0.993 US dollar 1.253 1.205 Local dollars to 100 units of foreign121 words
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Article28 2011-05-31 35 May 30 Sett Open High Sett STI May 3141 SIMSCI May 366.3 368.5 366.2 Taiwan May 312.0 313.5 312.3 Source: MF Global (S) Pte Ltd28 words
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Article66 2011-05-31 35 May 27 May KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 11 3527 3544 3556 3527 1092 4367 Jul 11 3483 3490 3503 3479 2540 ***** Aug 11 3440 3438 3454 3424 ***** ***** Sep 11 341666 words
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Article455 2011-05-31 35 May 30 May OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun11 99.7350 0 1789 Sep11 99.6650 0 5755 Dec11 99.6050 0 3123 Mar12 99.5250 0 1677 EUROYEN TIBOR FUTURES Jun11 99.6700 99.6700 99.6700 99.6700 0 6003 Sep11 99.6700 99.6700 99.6700 99.6675 0 1466 Dec11 99.6700 0455 words
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Article163 2011-05-31 35 May 30 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jun 11 518.5 514.9 518.5 42 238 Jul 11 517.0 513.0 517.0 11 102 Aug 11 70 Sep 11 507.0 507.0 507.0 8 305 Oct 11 496.0 496.0 496.0163 words
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Article77 2011-05-31 35 May 30 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 01.09.2011 0.33 0.33 0.28 1-Year BY*****X 02.05.2012 0.42 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.16 5-Year N*****0W 1.125 01.04.2016 100.14 10-Year NX*****X77 words
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Article108 2011-05-31 35 May 27 May SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 11 1379.75 1384.75 1394.25 1376.00 Aug 11 1375.75 1381.00 1390.00 1372.50 Sep 11 1372.00 1377.00 1383.50 1368.00 Nov 11 1368.50 1372.50 1380.50 1364.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 11108 words
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Article77 2011-05-31 35 CRUDE OIL PRODUCTS May 27 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 114.55 -0.30 WTI (Near Mth) 100.63 0.37 Dubai (1-Mth F) 109.21 0.82 Tapis blend 121.27 0.80 Minas 118.67 0.80 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 106.94 0.16 Jet Kerosene 128.50 0.80 US$/barrel Opec Oil77 words
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2819 2011-05-31 35 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 25 1 150 9 6.44 36 ASJ Hldgs W*****1 1.5 500 1 4 22 3.00 9 AlliedTech W*****2 2 1 4 30 Asia Water Tech Ltd W*****8 3.52,819 words
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Article462 2011-05-31 35 May 30 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.044 6.936 0.749 8.321 48.208 91.394 0.865 11.552 3.229 1.308 91.768 46.320 1.321 7.382 0.912 30.828 32.449 0.650 1.070 Canada 0.958 6.643462 words
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Article85 2011-05-31 35 May 30 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article156 2011-05-31 35 May 30 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3196 1.3214 1.0692 1.0698 Canadian dollar 1.2638 1.2654 1.0240 1.0245 Euro 1.7615 1.7631 1.4272 1.4274 NZ dollar 1.0080 1.0113 0.8167 0.8187 Sterling pound 2.0315 2.0338156 words
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Article138 2011-05-31 35 GOLD (US$/oz) May 27 May 30 Hong Kong 1529.30 1538.60 May 26 May 27 London 1517.92 1532.50 1518.81 1533.25 Source: Thomson Reuters CAST BAR May 30 (S$) Selling Buying Kilobar 65,421.94 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 147 61 5gm 416 305 10gm 743 610 20gm138 words
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Article69 2011-05-31 35 May 27 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2619.00 2557.00 3 months 2625.00 2562.00 Copper, Grade A (US$/tonne) Cash 9188.25 9010.00 3 months 9199.00 9020.00 Lead (US$/tonne) Cash 2524.00 2511.50 3 months 2505.00 2491.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
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Article82 2011-05-31 35 May 27 COCOA (£/tonne) Close Prev High/Low Jul 11 1813 1849 1860/1805 Sep 11 1836 1873 1884/1828 Dec 11 1864 1900 1911/1855 Mar 12 1891 1926 1936/1881 COFFEE (US$/tonne) Close Prev High/Low May 11 2575 2581 2593/2578 Jul 11 2594 2600 2607/2576 Sep 11 2632 2636 2642/2613 Nov 1182 words
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PROPERTY
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Article, Illustration967 2011-05-31 36 GEORGE JOSEPH - Friendly policies, affordable pricing, living standards cited as pull factors By GEORGE JOSEPH WORLD-CLASS city living has come to Kuala Lumpur. The Malaysian capital is dotted with new, ameni-ty-filled, chic apartments and the city has never been as cosmopolitan and vibrant as it is now.967 words
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319 2011-05-31 37 It is based on the 400-year-old novel Journey to the West, says developer Bloomberg [BEIJING] Property developer Zhonghong Real Estate Co plans to spend 10 billion yuan (S$1.9 billion) building a “monkey kingdom” theme park in Beijing based on the 400-year-oldBloomberg - 319 words
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392 2011-05-31 37 Charter Hall Office, major shareholders at odds over returns Reuters [SYDNEY] New York-based investment firm Orange Capital LLC wants to replace the management of Australian property trust Charter Hall Office Reit and plans to call a shareholder meeting to vote on theReuters - 392 words
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Article, Illustration359 2011-05-31 37 Bloomberg [WELLINGTON] New Zealand’s housing market will recover slowly this year as record-low interest rates bolster consumers’ views that prices will keep rising, ASB Bank Ltd said, citing the results of a quarterly survey. The proportion of respondents expecting higherBloomberg; BLOOMBERG - 359 words
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Article, Illustration437 2011-05-31 38 Austral View in Tanjong Rhu goes for $81 m and a Hillview plot, $45m AT least two freehold residential development sites have been transacted recently. Austral View at Tanjong Rhu, on a 30,540 square foot site, was sold for $81 million through a collective437 words
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Article, Illustration355 2011-05-31 38 Reuters [LONDON] House prices in England and Wales dropped at their fastest annual pace in over 11/2 years in May as demand fell for the first time since January, a survey showed yesterday. Property research company Hometrack said prices were 3.7Reuters; BLOOMBERG FILE PHOTO - 355 words
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Article, Illustration284 2011-05-31 39 Deals set to slide 7% on govt cooling measures, they say Xinhua [BEIJING] Analysts said Chinese home prices are likely to fall by more than 10 per cent this year, due to the government’s prudent monetary policy and otherXinhua; AFP - 284 words
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302 2011-05-31 39 DRAGON Mansion, a freehold residential development located on the fringe of the Central Business District, is up for collective sale with an indicative price of $150-156 million, or $1,340-1,392 per square foot per plot ratio (psf ppr). Sole marketing agent Jones Lang302 words
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471 2011-05-31 39 EMILYN YAP - Govt hopes to help young couples wanting to live near their parents By EMILYN YAP THE Housing and Development Board (HDB) could be launching more new flats in mature estates next year to help young couples live near their parents, said National Development471 words
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Page 36 Advertisements
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Advertisement300 2011-05-31 36 ElizabethTower A Site Befitting a Truly Iconic Super-Luxurious Condominium Elizabeth Tower The Paragon Safeguarded 3-storey Landed Estate Orchard Road Ngee Ann City In the Heart of Orchard Road’s Shopping Hospitality Belt Land 54,318 sf; Freehold; up to 36 storeys Allowable GFA 277,682 sf (incl balconies) Great views of ION Orchard,300 words
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Advertisement249 2011-05-31 36 JONES LANG lasalle for SALE BY PUBLIC TENDER Jones Lang LaSalle Property Consultants Pte Ltd Agency Licence No. L*****26E Prime Freehold Redevelopment Site with CBDI Seaview Site Area: 3,639.5 sq.m 39,176 sq.ft (approx) Zoned residential use, plot ratio 2.8 (up to 36 storeys) Short drive to CBD IRs Walking distance249 words
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Page 37 Advertisements
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Advertisement100 2011-05-31 37 WHERE THE SKY MEETS THE SEA A rare site with more than 300m span of sea frontage along East Coast Parkway with expansive views beyond the horizon. Laguna Park: a diamond in the rough, and an opportunity to redefine architectural boundaries. Knight Frank —-"fcr --jr Collective sale of Laguna Park100 words
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Page 38 Advertisements
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Advertisement254 2011-05-31 38 WSAFFRON London Singapore Hong Kong LONDON PROPERTY OWNERS Your Central London Agent based in Singapore EXPERTS IN LETTINGS PROPERTY MANAGEMENT ARLA approved NAEA registered ISO 9001 Certified we will collect keys inspect property arrange marketing secure new tenants 12 months FREE Property Management services Monty Nawaz +65 6832 5188 +65254 words
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Advertisement236 2011-05-31 38 e» v 1 Utter Conservation Splendour Revered Neil Road Peranakans Conserved Residential Shophouse Many Original Features and Murals Delightful Internal Pond and Courtyards Near the Financial District, outside ERP Near Outram MRT, Heritage Street Call 6222 5055 Principals Only 9sa£ef Tteclrup Cflgency www.isabelredrup.com/ir7.php Also IR40/12/51/12a/19/38a/44 PRIME INDUSTRIAL BUILDING FOR SALE236 words
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Advertisement129 2011-05-31 38 Prime Residential Site Along River Valley Road Land 22,107 sf; *****9 yrs; GPR 2.8 D 10, about 1 km only to ION Orchard NearGreatWorldCity&ValleyPtShoppingCtr Within 1 km to River Valley Primary Sch Potential for 130 units of 500 sf apts Tender Closing on 9 June 2011 (Thu), 2.30pm 6227 6066129 words
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Page 39 Advertisements
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Advertisement235 2011-05-31 39 Creating a positive legacy Successful partnerships that deliver the next generation of property solutions Lend Lease is one of the world's leading fully integrated property solutions providers with over 60 offices in more than 30 countries. We provide solutions across the full property value chain where we believe we can235 words
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INFINITE SPACES
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Article, Illustration1046 2011-05-31 40 UMA SHANKARI - S’pore landlords go regional with tenants they are familiar with to help anchor their presence in new geographies, reports UMA SHANKARI UMA SHANKARI BUSINESS space providers are working overtime to take established tenants with them when they break into new markets. The strategy benefits both1,046 words
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Page 40 Advertisements
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Advertisement80 2011-05-31 40 Space to be What would you like your space to be? When you step into a business space developed by Ascendas, such.;as*the Singapore Science Park, International Tech Park Bangalore and Dalian Ascendas IT Park, you step into a sanctuary for ideas, creativity and innovation. This is the unparalleled business lifestyle80 words
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