The Business Times, 16 February 2012

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Total Pages: 32
1 32 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Thursday, February 16, 2012
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  • 837 1  -  Critical policy changes expected in Budget 2012 that may run counter to declared social objectives By TEH SHI NING [SINGAPORE] Social issues, jobs and the economy top the concerns of Singaporeans and companies ahead of this year’s Budget tomorrow, setting the stage for a
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  • MARKETS DIGEST
    • 110 1 GST INDEX 3,011.68 (+24.27) GST INDEX FUTURES 3,011.00 (+24.00) GSIMSCI 346.56 (+2.62) GSIMSCI FUTURES 346.40 (+2.30) US$ S$ US$ (S$ per US$) 1.259 (US$/S$ per 1.573 1.981 EURO (US$/S$/E) 1.317 1.659 Foreign currency per US$ S$ YEN 78.50 62.30 RM 3.038 2.412 HK$ 7.754 6.157 BAHT 30.82 24.47 RUPIAH
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    • 17 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.268 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
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  • Page 1 Advertisements
    • 145 1 PROPERTY Private-home buyers return in force in January PAGE 2 BizIT S’pore leads robust growth for HDS PAGE 27 t r> atm =S 0 f; t J B 1 1 f ,A .rj.'A, ..,•> .V,.,v OA mJ&t* «sjHk 1L/L-. !eSBfiEflEISiv£iK vwk-.-.’. xSx!^^^ ORCHARD iSCOTTS Winner of the FIABCI Prix d’Excellence
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    • 195 1 POLITICS Sacking of WP’s Yaw opens door to by-election PAGE 4 COMPANIES Will Swiss giant Glencore take Chemoil private? PAGE 5 DON’T MISS BT’S COVERAGE OF BUDGET 2012 Track the breaking news tomorrow at www.businesstimes.com.sg/budget which also has budget wishlists and reaction stories. Links to videos from Parliament are provided
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    • 3 1 8 *****1 *****4
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  • TOP STORIES
    • 546 2 Delicate balancing act awaits government SOCIAL issues, jobs and the economy top the concerns of Singaporeans and companies ahead of this year’s Budget, setting the stage for a delicate balancing act that the government must pull off in pushing critical policy changes while ensuring that businesses or households
      546 words
    • 814 2  -  Developers sell 1,872 units, almost treble the 632 units in December By MICHELLE TAN [SINGAPORE] A sharp pick-up in January’s private new home sales, coming on the heels of a dismal December, has thrown a tough bone at property naysayers to chew on.
      814 words
    • 83 2 IN “Yoma buys land rights for Myanmar project” (BT, Feb 14), we said that Yoma Strategic Holdings plans to acquire the land development rights (LDRs) in the Star City project in Myanmar. Yoma has clarified that it is proposing to acquire the economic interests in relation to the LDRs,
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    • 843 4 THE PRODUCTIVITY DRIVE Singapore has set a target of raising productivity growth to between 2-3 per cent a year, to raise productivity by 30 per cent over 10 years. The Productivity and Innovation Credit (PIC) is the centrepiece of a slew of incentives to help
      843 words
    • 373 4  -  By VEN SREENIVASAN [SINGAPORE] After enjoying record orders for 1,608 planes last year, half of which were from airlines in the Asia-Pacific area, European planemaker Airbus said the region would take delivery of 9,370 new planes worth around US$1.3 trillion over the
      373 words
    • 737 4  -  PM Lee to decide if and when to hold the polls for the Hougang ward By LEE U-WEN [SINGAPORE] The Republic could have its first by-elec-tion since 1992 after the opposition Workers’ Party (WP) yesterday sacked Yaw Shin Leong the Member of
      FILE PHOTO  -  737 words
  • Page 2 Advertisements
    • 260 2 7 ft 25T T J A DEMO Asia 2012 Asia Pacific's Launchpad for Emerging Technology and Trends Feb 29 Mar 2,2012 (Wed Fri), Matrix Biopolis, Singapore 3 reasons why you should be at DEMO Ask i'SI For the last two decades, DEMO in the United States has been launching innovative,
      260 words

  • Page 3 Advertisements
    • 112 3 www.vw.com.sg m S6 Passat CC sellout. Reluctantly brought to you by Volkswagen. $25,000 overtra^ 6. There’s never been a better time to buy a Passat CC, than right now. Because to make room for the launch of a new model, we’re offering our current stock with a $25,000 overtrade. But
      112 words

  • Page 4 Advertisements
    • 43 4 X f r V m m m M > The ultimate lounge. The ultimate luxury. Welcome to an experience to savour, where every moment is to be treasured. The new Qatar Airways Premium Lounge. Now open in Heathrow Terminal 4. World’s 5-star airline. QATAR
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    • 20 4 Pacify the Raging Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Apology Notices BSATS3 NOTICES CLA/FEB1 1/g_
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  • Page 5 Advertisements
    • 48 5 +65 6735 5225 prada.com r i ii r j 'B I A l-V'.>/ ;S m h R c w NS Vvsa V 13 ■v.i W i 1 > i arm V/ r k a w ✓uv U 5^ -I m z h M ii \v. i-i 1 twit inn
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  • COMPANY NEWS
    • 638 5  -  Some minority shareholders irked by non-disclosure of purchase price By RONNIE LIM SOME industry observers are asking if a delisting of Chemoil is next on the cards, as a veil of secrecy continues to shroud Swiss commodity giant Glencore, which now has absolute control of
      FILE PHOTO  -  638 words
    • 278 5 CEREBOS Pacific yesterday announced the opening of its new laboratory and research centre at the Biopolis Synapse building, where it will consolidate its three laboratories and two research centres, formerly separately located in Science Park. The 23,350 square foot centre in
      278 words
    • 401 5  -  Richard Hale, Fu Yuning also retiring; Ng Kee Choe appointed new chairman By MICHELLE TAN CAPITALAND chairman and independent non-executive director Richard Hu will be retiring from his posts on April 30. Succeeding him as chairman from May 1 is Ng Kee Choe, an
      401 words
    • 322 7  -  Stock rises 6.4 per cent to 91.5 cents, highest level since October 2007 By LYNN KAN NEWS of a vessel sale and rig charter lifted Ezion Holding’s stock 6.4 per cent yesterday to 91.5 cents, its highest level since October 2007. Ezion
      322 words
    • 773 7  -  HOCK LOCK SIEW By R SIVANITHY IT’S fair to say that the equity market’s performance over the past six weeks has caught most players by surprise. At the end of 2011, based on the deteriorating economic outlook for Europe, all expert forecasts for stocks were
      773 words
    • 437 7 Punters hope fund injection will help to revive company SHARES of TT International (TTI) continued trending higher yesterday, rising up to 12.2 per cent in heavy trading despite the company posting a bigger third-quarter loss on Tuesday. The stock rose as
      437 words
    • 495 8  -  Design-and-build projects yield higher margins; dividend of 2¢ per share declared By KENNETH LIM FULL-YEAR earnings at construction company OKP Holdings have hit a record high, beating estimates as design-and- build projects helped to raise margins. Net profit attributable to shareholders more than doubled to $9.5
      495 words
    • 383 8  -  By VICTORIA HO CONSTRUCTION firm Koh Brothers saw net profit rise 80 per cent last year to hit $19.9 million. The mainboard-listed company’s revenue decreased 6 per cent in the 12 months ended Dec 31 to $341.1 million. Its construction arm brought in
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    • COMPANY BRIEFS
      • 92 8 CHINA Fibretech Ltd has warned of a net loss for the fourth quarter ended Dec 31, 2011. In a profit guidance, the company said it expects to report “materially lower revenue” and a loss before taxation as compared to 4Q2010 on the back
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      • 61 8 HIAP Hoe Ltd said its net profit for the fiscal fourth quarter ended Dec 31, 2011, decreased 21.1 per cent year on year to $13.03 million from $16.51 million. Turnover for the reporting quarter increased 39.6 per cent year on year to $38.06 million,
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    • 228 8 SINGAPORE Airlines filled less seats in January compared to a year earlier as capacity injection again exceeded passenger carriage. Its systemwide passenger load factor fell 1.1 percentage points to 77 per cent last month, from 78.1 per cent a year earlier,
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    • 434 8  -  By LESLEY TEOH MORE fund managers are showing renewed confidence in global equities and the growth of the global economy, particularly in China. These positive global sentiments have translated into easing concerns over the eurozone debt crisis and an improving regional economic outlook.
      434 words

  • SINGAPORE MARKETS
    • 595 6  -  Big gains for Jardine group continue to propel the index, helping it to rise 24.27 points to 3,011.68 STOCKS R SIVANITHY Senior Correspondent TRADERS yesterday shrugged off the cancellation on Tuesday of a meeting of European finance ministers which could jeopardise or at least delay
      Source: Bloomberg  -  595 words
    • 66 6 Feb 15 VALUE CLOSE BT OB/OS 1152.00 +192.0 BT CADI -*****.00 +200.0 BT 10-day MA -*****.00 +115.0 FTSE ST Mid Cap 687.61 +8.02 FTSE ST Small Cap 472.29 +6.72 FTSE ST All Share 728.06 +6.57 FTSE ST China Top 236.28 +4.46 FTSE ST China 273.47 +6.80 FTSE
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    • 186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 12 2 3 0 0 0 12 2 3 Manufacturing 90 47 37 5 5 12 95 52 49 Commerce 33 20 13 5 2 4 38 22 17 Tpt/Stor/Comms 24 14 3
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    • 882 6  -  Compiled by CONRAD TAN Olam International Feb 15 close: $2.57 CIMB RESEARCH, Feb 15 OLAM International’s core EPS for H1 FY2012 (six months to Dec 31, 2011) met expectations, at 30 per cent of our FY2012 forecast and 34 per cent of the consensus forecast. H1 typically accounts
      Source: Bloomberg  -  882 words
    • 122 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 33,699 33,699 122,878 122,878 Manufacturing 575,764 41,914 617,678 486,946 762 487,708 Commerce 334,405 24,413 358,818 288,903 2,694 291,597 Tpt/Stor/Comms 280,296 25,963 306,259 395,971 4,379 400,349 Finance 24,199 20 24,219 143,068 4 143,072 Construction 268,773 64,134
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    • 112 6 Stock name Close Change CapMallsAsia 1.630 +0.135 CapitaLand 2.910 +0.010 CapitaMall 1.775 +0.025 CityDev 10.940 +0.170 ComfortDelGro 1.485 -0.005 DBS Grp 13.830 +0.150 F&N 6.360 -0.090 GLP 2.000 +0.020 Genting SP 1.705 +0.010 Golden Agri 0.770 HK Land 5.790 +0.250 JMH 51.280 -0.600 JSH 31.300 +0.580
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    • 461 6 CURRENCIES Bloomberg [SINGAPORE] The Philippine peso and South Korea’s won led gains among Asian currencies after China pledged to invest in Europe’s bailout fund to help ease the region’s debt crisis. The country with the world’s biggest currency reserves is ready to participate
      Bloomberg; BLOOMBERG FILE PHOTO  -  461 words
    • 57 6 VOLUME Golden Agri 116,899,000 Noble Grp 100,620,000 UniFiber 99,712,000 Genting SP 95,279,000 STXOSV 63,547,000 IPCO Intl 61,455,000 Artivision 59,277,000 Midas 58,310,000 TT Intl 55,900,000 TopGlobal W*****9 54,465,000 VALUE($) Genting SP 162,827,080 Noble Grp 152,185,305 Wilmar 150,356,680 STXOSV 105,666,675 SingTel 98,885,545 Golden Agri 90,286,472 Keppel Corp 81,057,102 Sakari
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    • 111 6 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 285.8 2.0 DBXT MSUSA 10US$ 3285 230.4 5.9 IS DJ US Tech 7294 162.4 1.8 GLD 10US$ ***** 143.5 0.7 DBXT MSKorea 10US$ 5853 110.8 1.5 IS S&P500 ***** 107.0 0.6 DBXT S&P500 10US$ 2175 84.4 3.2 DBXT MSJAP 10US$ 3762
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    • 123 6 BY CENTS CLOSE DOWN JMH 5128 -75.6 -1.2 F&N.ES.1202 636 -33.0 -4.9 DBXT S&P Short 10US$ 3844 -26.4 -0.5 CIMBAsean40 100US$ 1030 -16.4 -1.2 F&N 636 -9.0 -1.4 Olam.ES.1202 257 -8.0 -3.0 DBXT MSPHILS 10US$ 142.3 -4.5 -2.5 Olam 257 -4.0 -1.5 Spore Land 604 -4.0 -0.7 Daiwa FT
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    • 5 6 DAILY
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  • Page 7 Advertisements
    • 146 7 <r G* < y rz <: r J xS' Karrie Webb Defending Champion of HSBC Women's Champions 2011 37 LPGA victories HSBC <Z> Women's Champions 23rd 26th February 2012 Tanah Merah Country Club At HSBC, we see beauty in challenges that lie ahead. Tomorrow is filled with challenges. And in
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  • Page 8 Advertisements
    • 188 8 Thursday, 29 March 2012 Sands Expo Convention Center Singapore Brand Conference BRANDING THE 4 PILLARS: HUMAN CAPITAL MANAGEMENT I FINANCE INNOVATION MARKETING I TECHNOLOGY OPERATIONS r Singapore Brand Conference 2012 Programme Highlights Session 1: Human Capital Management Session Chairperson: Mr Jonathan Kwan, Principal Kwantum Leap Career Coaching A Sharp Nail:
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  • Page 9 Advertisements
    • 191 9 Smart thinking. Safe hands. R• ROTARY Today, We Celebrate Our 40 th Anniversary Welcome to our brand new world _j eer k m I RmJ ROTARY For 40 years, Rotary Engineering has been driving projects with passion and ambition, resources and skills to make things happen on time, on budget
      191 words

  • SINGAPORE NEWS
    • 537 10  -  Total number falls 14.7% from November due to tighter COE supply By CHUANG PECK MING DESPITE the festive shopping season, a plunge in car sales dragged down overall retail sales in December when compared to November last year. Retail sales in
      537 words
    • 674 10  -  By MALMINDERJIT SINGH SINGAPORE companies can look forward to increasing business opportunities and partnerships in Sri Lanka as a result of a pact inked between the two countries yesterday to deepen economic ties. The Singapore Business Federation (SBF) and the Board of
      AFP  -  674 words
    • 530 10  -  It has also launched an online motor insurance platform By SAMUEL EE NTUC Income will give $4.2 million in cash rebates this year to three-quarters of its vehicle insurance policyholders as part of its commitment to reward them for its profitability. These customers consist
      530 words
    • 368 10  -  By EVE YEO PREPARATION is the key to success at DEMO Asia 2012. This was the advice from official DEMO coach Nathan Gold to all participating start-ups at the event. In an online coaching session at the Biopolis last week,
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    • 507 10  -  Energy, life sciences, digital tech also seeking investors By LEE U-WEN THE most lucrative opportunities for investors keen to expand into the UK will be in infrastructure, its Minister of State for Trade and Investment Lord Stephen Green said yesterday. Mr Green, who wrapped up
      507 words
  • Page 10 Advertisements
    • 212 10 Conference Exhibition 21 23 February 2012 KLCC Convention Center Kuala Lumpur, Malaysia w w w. o f fs h o re a s i a e v e n t c o m DEVELOPING ASIA’S ENERGY RESOURCES SUBSEA TECHNOLOGY TOPSIDES MULTIPHASE PUMPING CONSTRUCTION INSTALLATION DEEPWATER INTERVENTION DECOMMISSIONING FLOW LINES PIPELINES
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  • ECONOMY WATCH
    • 527 11 GDP falls 0.3% as debt crisis takes a toll; this is the first drop since Q2 2009 Bloomberg [ZURICH] Europe’s economy contracted in the fourth quarter for the first time in 2 1/2 years as the region’s debt crisis undermined confidence, dragging its largest
      Bloomberg  -  527 words
    • 369 11 Bloomberg [LONDON] Bank of England (BOE) governor Mervyn King said the euro area’s debt crisis still poses the biggest threat to a “slow and uncertain” UK recovery as officials raised their inflation forecast after expanding stimulus. “The path of recovery is
      Bloomberg  -  369 words
    • 546 11 A$’s climb makes it harder to keep rates up to curb inflation Bloomberg [SYDNEY] Foreigners buying record amounts of Australia’s government bonds are spurring its dollar toward an all-time high, making it harder for policy makers to maintain the developed world’s highest interest rates
      Bloomberg; BLOOMBERG  -  546 words
  • Page 11 Advertisements
    • 17 11 RELOCATION LOGISTICS We specialize in Local Relocation Services for Industrial Commercial purposes. Call 9797 1029 9178 6185
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    • 88 11 AWARDED NUMBER IN SINGAPORE FOR CFD CUSTOMER SATISFACTION m m IBHHHH wZmw. mm Hi *****1 IGAAARKETS.COM.SG Thank you to Singapore’s traders for recognising our excellent customer service, two years in a row Quality local service is central to our business. mf//. '/SSS//////////////// m IG MARKETS CFD trading can result in
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  • MALAYSIA/INDONESIA
    • 634 12 But drop to 5.2% is still higher than analysts’ forecast of 5% Malaysia’s growth prospects.” Reuters [KUALA LUMPUR] Malaysia’s economy slowed to an annual pace of 5.2 per cent in the fourth quarter, beating expectations as robust consumer demand and heavy government spending helped
      Malaysia’s growth prospects.” – Reuters; AFP  -  634 words
    • 352 12 Xinhua [JAKARTA] Indonesia, with a strong economic growth of 6.5 per cent last year, cut its growth expectations for 2012, amid fears that the global economic downturn will bite into the exports of the largest economy in South-east Asia. Deputy Finance Minister Anny
      Xinhua  -  352 words
    • 446 12 Bloomberg [KUALA LUMPUR] Malaysia plans to raise as much as RM30 billion (S$12.4 billion) through an Islamic bond programme to fund construction of a mass railway in the capital, the project’s manager said. Dana Infra, a finance ministry company created to
      Bloomberg  -  446 words
  • Page 12 Advertisements
    • 710 12 >«*■ WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FAM-STUMABO ASIA PTE. LTD. (INCORPORATED IN SINGAPORE) COMPANY REGISTRATION NUMBER: *****8231H Notice of Resolution for Members’ Voluntary Winding Up (Pursuant to Section 290) At the Extraordinary General
      710 words
    • 482 12 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 And In the Matter of CPD OILWELL INTERNATIONAL PTE. LTD. (IN COMPULSORY LIQUIDATION) CO. REG. NO. *****4985D COMPANIES WINDING UP NO. 143 OF 2011/E NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which is being wound up by
      482 words
    • 511 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ACM RESOURCES PTE. LTD. (In Members’ Voluntary Liquidation) Company Reg. No. *****7629E At an Extraordinary General Meeting of the members of ACM RESOURCES PTE. LTD. duly convened and held at 25 Kallang Avenue #0701, Singapore *****6 on 9 February 2012 the
      511 words
    • 154 12 On 16 February 2012, between 6.30 and 9pm, two of the UK's most highly respected experts on the London property market are coming to Singapore. Anita Mehra and Marc von Grundherr run Benham Reeves Residential Lettings, London's oldest and most successful property rentals and management agency. In association with SQFT
      154 words

  • GREATER CHINA/INDIA
    • 731 13 Broad tax review should be a priority of the incoming administration: poll AFP [HONG KONG] Hong Kong’s competitiveness as a regional centre for business and trade is under threat from the very thing often credited with its success its tax system, analysts
      AFP  -  731 words
    • 456 13 Reuters [GENEVA] India has launched a trade complaint against Turkey’s policies on imports of cotton yarn, the World Trade Organization (WTO) said on its website on Tuesday. India is objecting to Turkey’s use of “safeguard measures” to help its cotton industry, which one
      Reuters  -  456 words
    • 223 13 Bloomberg [HONG KONG] HSBC Holdings plc, Europe’s biggest bank by market value, seeks to expand in China by increasing its branch network almost eightfold or boosting its stake in Bank of Communications Co as regulations are eased. HSBC paid US$1.75 billion for 19.9 per cent
      Bloomberg  -  223 words
  • Page 13 Advertisements
    • 152 13 eastsprmg 7 investments A member of Prudential pic (UK) A WE SEE AN EVEN BRIGHTER FUTURE IN ASIA Eastspring Investments is the new brand name for Prudential Corporation Asia's asset management business*. With about US$80 billion** assets under management, we are one of the largest asset managers in Asia. We
      152 words

  • Page 14 Advertisements
    • 317 14 SLR INTERNATIONAL PROPERTY CONSULTANTS TALKING BUSINE An Industrial Property Investment Seminar Date: 3rd March 2012 (Sat) Time: 10am to 1.30pm Venue: 65 Chulia Street OCBC Centre West Lobby, 50th Floor Singapore *****3 Nicholas Mak Executive Director, Research Consultancy SLR International Property Consultants Pte Ltd Singapore Industrial Property Market Review The
      317 words
  • WORLD
    • 654 14 British energy giant working to reach a settlement with the US govt AFP [CHICAGO] Tens of billions of dollars will be at stake when BP heads to a US court this month to determine how much it owes for the
      AFP  -  654 words
    • 507 14 US$30.3b given last year second highest on record Bloomberg [NEW YORK] US colleges and universities attracted US$30.3 billion in charitable contributions last year, rebounding from a lag in donations that began with the 2008 recession. Stanford University, near Palo Alto, California, topped the
      Bloomberg; PHOTOS: BLOOMBERG  -  507 words
    • 523 14 AP [TAIPEI] American attempts to get major Asian importers of Iranian oil to rein in their purchases are faltering as allies South Korea and Japan give US officials a polite brushoff. Emerging giants India and China may even increase their
      AP  -  523 words
    • 413 14 Reuters [TOKYO] Japanese government bond (JGB) prices rose yesterday, with tenors up to 10 years outperforming, a day after the Bank of Japan (BOJ) unexpectedly eased policy. The shorter-end of the yield curve is benefiting most from the BOJ’s move to spend
      Reuters  -  413 words
    • 935 15  -  Politicians, central banks repeating same mistakes as their predecessors 30-40 years ago By NEIL BEHRMANN in London AS global stock markets lurch back and forth on hopes that Greece and other stricken nations will receive adequate bailout funds to keep them going,
      BLOOMBERG  -  935 words
    • 411 15 Studies show possible link in pre-existing conditions Reuters [NEW YORK] Breathing in dirty air may be linked to a higher chance of suffering a heart attack a few days afterward, according to a French analysis of past studies. Researchers
      Reuters  -  411 words
    • 700 16  -  Stocks hit 6-month high after BOJ’s aggressive monetary easing stance By ANTHONY ROWLEY in Tokyo HOPES continued to rise in Japan yesterday that the yen may have reached a turning point that could see it enter a sustained decline. This would
      BLOOMBERG  -  700 words
    • 372 16 Bloomberg [NEW YORK] Nasdaq OMX Group Inc and Bats Global Markets Inc, two of the three biggest operators of US stock exchanges, said access to their websites was disrupted by attacks that flooded their systems with traffic. Trading systems at both companies were unaffected,
      Bloomberg  -  372 words
    • 413 16 AP [WELLINGTON] A New Zealand court yesterday halted the first-ever sale of dairy farms to Chinese investors, the latest twist in a saga that’s dividing a country reliant on agriculture for much of its export earnings. High Court judge Forrest Miller ruled
      AP  -  413 words
    • 457 16 Reuters [SAN FRANCISCO] Jonathan Schwartz, the former Sun Microsystems chief executive who left after Oracle Corp bought the server systems maker in 2010, is mounting a comeback with a social media start-up that promises to make caring for sick loved ones easier. Mr Schwartz
      Reuters; FILE PHOTO  -  457 words
    • 542 16 Firm shifting focus to highly profitable OLED from loss-making LCD displays Reuters [SEOUL] Samsung Electronics Co said yesterday that it is considering spinning off its loss-making liquid crystal display (LCD) flat-screen business in a surprise move as it seeks to orient its components business
      Reuters  -  542 words
    • 1043 18  -  Number and scope of regulatory probes, class-action lawsuits rising fast By NEIL BEHRMANN in London A DOZEN international regulators, including the US, Switzerland, the UK and Japan, are investigating alleged collusion to influence the London Interbank Offered Rates (Libor), according to sources. The
      1,043 words
    • 507 18 Bloomberg AP [NEW YORK] Chinese Vice President Xi Jinping, in line to become the country’s top leader next year, may get a chilly reception when he meets congressional leaders angry over his country’s record on trade and currency issues. Mr Xi was set
      Bloomberg; AP; BLOOMBERG  -  507 words
    • 424 18 More talks cancelled while awaiting more Greek pledges AFP [ATHENS] Greek conservative leader Antonis Samaras committed to a new austerity package yesterday, a condition for Athens to get a second EU/IMF bailout and avoid default. Membership of Greece in the eurozone was thrown dramatically centre
      AFP  -  424 words
    • 367 18 LATEST US DATA Bloomberg Reuters [WASHINGTON] Production at US factories and homebuilder sentiment rose to multi-year highs, as the economy continues to improve. US factory output increased in January, reflecting gains in demand for US-made automobiles and business equipment that may keep manufacturing
      Bloomberg; Reuters  -  367 words

  • Page 15 Advertisements
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      137 words
    • 230 15 Reach New Heights With The Emerging Enterprise Award Winning the Emerging Enterprise Award has enabled us to strike while the iron is hot. The prize money came at an opportune time to help us offset some of the construction costs of our new factory, which Is targeted to increase production
      230 words

  • Page 16 Advertisements
    • 30 16 HOWZAAT? Cricket is catching on in local schools and the heartlands BANK OF INDIA CELEBRATES 60 YEARS IN S’PORE GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
      30 words
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      53 words

  • FOCUS: LME
    • 1389 17 But as yesterday’s deadline for offers expired, he says the world’s biggest metals market isn’t necessarily for sale Bloomberg [LONDON] MARTIN Abbott has been a fashion journalist, advertising salesman, pub manager, security guard and coal miner. The CEO of the London Metal Exchange (LME),
      Bloomberg; BLOOMBERG  -  1,389 words
  • Page 17 Advertisements
    • 318 17 M '****'‘‘W -'It ii.v 8i. !ii(t m*. BS MMLin •sc r, ■-1 2«; si E3? >% T as ONE TOWER BRIDGE LONDON y fePN aPE 3! awgrePc wm .ip u lilLF n vw WL Oh .U--I w Q: ft BB ■--"7. W& .1 f ft Ij iy- -T' S' rr>
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  • Page 18 Advertisements
    • 33 18 m m Eric Houston Stevenson 1923-2012 Late Chairman of Cash Converters Singapore Malaysia Late Chairman Managing Director of Highland Flies (Singapore) Pte Ltd Highland Flies Sdn Bhd Highland Flies (Sri Lanka) Pvt Ltd
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  • AVIATION
    • 368 19  -  By NISHA RAMCHANDANI IN a nod to the growing importance of China, business jet manufacturer Gulfstream is setting up a service centre in Beijing in a joint venture with Beijing Capital Airlines. It is waiting for formal government approvals and is looking to start
      BLOOMBERG  -  368 words
    • 469 19  -  By VEN SREENIVASAN INDONESIA’S Garuda yesterday confirmed an order for up to 18 Bombardier ACJ1000 jets and an option for 18 more. Of the first 18, six are direct purchase while another 12 will be acquired on a sale and leaseback via Nordic Aviation. The
      AFP  -  469 words
    • 318 19  -  Rigorous system to address technology transfer concerns By JOYCE HOOI EVEN as China’s aviation industry readies itself for explosive growth, its players are keen to join forces with Western firms in joint ventures, business leaders at the China Business Forum said yesterday. Speaking
      318 words
    • 214 19  - Pratt Whitney signs MOU with Singapore Poly By JOYCE HOOI PRATT Whitney has signed a memorandum of understanding (MOU) with Singapore Polytechnic for an arrangement that will let students take part in an overseas industrial training programme at Pratt Whitney’s customer training centre in China. The six-week programme will expose
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    • BRIEFLY
      • 68 19 Pratt Whitney engines in demand INDIA’S Go Airlines is buying 144 Pratt Whitney PurePower PW1100G-JM engines for its order of 72 firm A320neo aircraft. The deal will include a maintenance package. Deliveries are scheduled to start in 2016. Separately, Taiwanese airline TransAsia Airways has signed a deal with Pratt Whitney,
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      • 86 19 THE Economic Development Board’s chairman, Leo Yip, yesterday officially opened Hawker Pacific’s new state-of-the-art Aviation Sales and Customer Service Centre at Seletar Aerospace Park. The S$18 million facility was developed and funded by Hawker Pacific, and offers a full circle of services including a fully-equipped sales,
        86 words
      • 62 19 INDONESIA’S Lion Air, which signed a US$22.4 billion deal with Boeing to buy 230 B737 aircraft on Tuesday, is expected to sign another deal today with ATR to buy up to 27 turboprop planes to serve domestic routes in Indonesia. The details of the
        62 words
    • 455 19  -  ST Engg arm signs MOU to convert passenger aircraft into freighters SINGAPORE AIRSHOW 2012 By VEN SREENIVASAN ST AEROSPACE (STA), the MRO (maintenance, repair overhaul) arm of listed ST Engineering, will partner European planemaker Airbus to undertake the passenger-to-freighter (P2F) conversion for the
      455 words
    • 336 19  -  By NISHA RAMCHANDANI MEGGITT Aerospace Asia Pacific has taken up a 2,000 square metre factory unit, making it the first tenant in JTC Corporation’s Component Manufacturing and MRO Facility (CMMF), which is located at Seletar Aerospace Park (SAP). According to JTC’s director
      336 words
    • 233 19  -  By NISHA RAMCHANDANI INDIA’S aviation industry offers tremendous opportunity in both the commercial and military sectors, according to panellists at a forum held at the Singapore Airshow yesterday. International passenger traffic has been growing at a clip of 10 per cent per annum while domestic
      233 words
  • Page 19 Miscellaneous
    • 310 19 CRYPTIC CROSSWORD Across 1 On-line delivery service (7-5) 9 Peerless example of wrought iron panel (9) 10 Piece of ground where tap is situated in front of church (5) 11 Declare sun’s over infernal regions (7) 12 Man providing backing caught doing mischief (7) 13 Dependable Dirk cools off (4-5)
      310 words

  • 3181 20 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 UK CONTINENT SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE STXPO TBN Antwerp/UK
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  • Page 20 Advertisements

  • SHIPPING
    • 461 21  -  CEO says outfit far from insolvent, focus is on paying policyholder claims By LYNN KAN MORE natural disasters in the Asia-Pacific last year have stopped Lloyd’s first Singapore syndicate, Syndicate 1965, from accepting new underwriting business, but that will not mean other Lloyd’s outfits
      BLOOMBERG  -  461 words
    • 376 21 Bloomberg [LONDON] A surplus of the largest oil tankers competing to load crude at Persian Gulf ports stayed unchanged after reaching a four-week high last week, a survey showed. There are 10 per cent more very large crude carriers available for hire over
      Bloomberg; BLOOMBERG  -  376 words
    • 571 21 Bloomberg [LONDON] AP Moeller Maersk A/S, the world’s biggest container ship owner, is leading its industry in developing biofuels made from organic waste that could cut its carbon emissions and reduce a US$6 billion-a-year fuel bill. Maersk is conducting tests with companies including
      Bloomberg  -  571 words
    • 380 21 Bloomberg [OTTAWA] Vancouver would be able to handle larger tankers that could receive crude oil from an expanded Kinder Morgan Inc pipeline, allowing Canada to boost energy shipments to Asia, the head of the city’s port authority said. Canada’s largest port has already
      Bloomberg  -  380 words
  • Page 21 Advertisements
    • 29 21 I FREIGHT I FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327
      29 words
    • 34 21 USE THIS SPACE TO SELL, CALL JOE WONG AT 9620 1327 TO ADVERTISE. The Business Times Shipping Times Legal services required by shippers owners Can they find your services here in the Shipping Times?
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  • EDITORIAL & OPINION
    • 497 22 EDITORIAL WITH the Singapore Budget due tomorrow, it is widely believed that this will not be a year for short-term goodies or counter-cyclical policies. The expectations are that this is likely to be a Budget for the longer term, focused on strengthening social and
      497 words
    • 827 22  -  THE BOTTOM LINE WILLIAM PESEK JR The writer is a Bloomberg View columnist. The opinions expressed are his own IT IS often a fool’s errand to predict turning points in the more erratic Asian economies. Nowhere is that truer than the
      827 words
    • 1149 22  -  Japan needs massive dose of quantitative easing to shock economy out of deflation ANTHONY ROWLEY Tokyo Correspondent SUCH is the incremental pace at which the Bank of Japan (BOJ) moves that even a passing snail might be considered to be going at a
      REUTERS  -  1,149 words
    • 1337 23  -  Its unique position as a bloc allows it to satisfy manufacturing demand while having world-class financial services By MARK BILLINGTON The writer is ICAEW regional director South-east Asia ALL the evidence currently suggests that while South-east Asia is going to see relatively robust
      YEN MENG JIIN  -  1,337 words
    • 1072 23  -  By ATUL SATIJA The writer is vice-president and managing director of InMobi, Asia Pacific IN 2012, Asia remains the place to be even as Europe grapples with the possible dissolution of the euro, and the United States struggles to regain its position as an economic
      AFP  -  1,072 words


  • SINGAPORE STOCKS
    • 3171 24 Transaction date: Feb 15 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 Last Vol Day Last Quote 112.5 92.5 AIMSAMPIReit 108.5 +6 1485 110 103 108 108.5 1.8 11 481.6 Net M
      3,171 words
    • 268 25 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 Last Vol 1 0.2 t Advanced System 0.6 unch 1660 0.6 0.4 0.5 0.6 20 9.9 Last Quote Div Gr Yld Net M Cap
      268 words
    • 7291 25 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mat Pte Ltd APS Alpha Fund Cl A!** AXA Wealth Mgt S'pore Pte Ltd APS Alpha Fund (USD)!** Aberdeen Asset Mgt Asia Limited 1/ Aberdeen Asset Mgt Asia Limited Asian Local Ccy SD Bond ...1 013?/ Asian Smaller
      7,291 words
    • 196 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 46 25.5 Genting HK US$ US37.5 unch ***** 38 37 37 37.5 2469.2 15 10 OGL Resources A$ A10 5 10.5 1.5 205 168 TanChongInt HK194 192
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    • 67 25 s# p 3 H i i 'sun i fl Is s i?ff i 3F»! ill' ‘U IS Si i S? si If 1 8 tfgi *Ul 3 C)f a I r tS i 5 T IE H 1 s»r- I c jj s? r r »?i S 5
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  • FINANCE & COMMODITIES
    • 373 26 In local curr In S$ In US$ dy yr dy yr dy yr Feb 14 Index Change Change Change Change Change Change World Preliminary 889.2 -0.2 7.2 0.3 5.1 -0.5 7.6 EAFE Preliminary 731.1 0.0 7.2 0.0 5.5 -0.8 8.0 Europe Preliminary 1097.4 -0.2 6.9
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    • 77 26 CRUDE OIL PRODUCTS Feb 14 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 117.20 -0.72 WTI (Near Mth) 100.88 0.18 Dubai (1-Mth F) 115.59 0.58 Tapis blend 126.00 0.26 Minas 124.80 0.26 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 114.44 0.22 Jet Kerosene 130.50 -1.75 US$/barrel Opec Oil
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    • 99 26 As on 14 February 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT APR2012 1725.40 1714.10 1718.00 23 CURRENCY AUD-USD FUT MAR2012 1.0684 1.0629 1.0617 16 EUR-USD FUT MAR2012 1.3217 1.3107 1.3103 8524 BASE METAL COPPER FUT MAR2012 8457 8351 8413 1301
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    • 170 26 Feb 15 SICOM RUBBER Futures (Closing prices) RSS 3(US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Mar 12 402.0 402.0 402.3 4 387 Apr 12 405.7 111 May 12 410.8 409.0 409.0 90 252 Jun 12 413.1 413.1 412.4 8 228 Jul 12 412.7 128
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    • 65 26 Feb 14 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2173.75 2169.50 3 months 2215.00 2210.00 Copper, Grade A(US$/tonne) Cash 8393.00 8404.25 3 months 8415.00 8425.00 Lead(US$/tonne) Cash 2041.00 2080.25 3 months 2074.50 2115.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • 107 26 Feb 14 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 12 1255.00 1252.00 1261.75 1245.50 May 12 1262.50 1260.00 1269.00 1253.00 Jul 12 1271.25 1268.75 1277.75 1262.50 Aug 12 1268.50 1266.50 1274.00 1261.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 12 53.02
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    • 81 26 Feb 15 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 17-May-12 0.33 0.28 0.28 1-Year BY*****W 01-Nov-12 0.33 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.250 01-Feb-14 99.93 5-Year N*****0W 1.125 01-Apr-16 102.62 BQ*****Z 17-May-12
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    • 448 26 Feb 15 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar12 99.5550 0 2117 Jun12 99.5300 0 1686 Sep12 99.4900 0 1128 Dec12 99.4500 0 1048 EUROYEN TIBOR FUTURES Mar12 99.6675 2 1895 Jun12 99.6675 0 1429 Sep12 99.6625 0 679 Dec12 99.6575 0 117 Mar13 99.6550
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    • 80 26 Feb 14 COCOA (£/tonne) Close Prev High/Low Mar 12 1479 1438 1481/1418 May 12 1483 1443 1484/1423 Jul 12 1498 1459 1499/1440 Sep 12 1505 1469 1506/1450 COFFEE(US$/tonne) Close Prev High/Low Mar 12 2110 2074 2128/2061 May 12 1954 1944 1972/1939 Jul 12 1977 1967 1995/1964 Sep 12 1999
      80 words
    • 1343 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 130 33.00 27 Prem Baker Technology Ltd W*****6 4 1 32 7 8.38 9 Best World Intl Ltd W*****5 2 1 30 104 7.85 17
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    • 470 26 Feb 15 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.069 6.769 0.816 8.332 52.943 97.112 0.843 12.060 3.264 1.281 97.419 45.824 1.353 8.263 0.985 31.723 33.118 0.683 1.075 Canada 0.935 6.332
      470 words
    • 58 26 Feb 15 Iimi 1 mill ruun 2 mlh» ft I6IM HMW 3 iwiii i,i,4'.iT*J (I45MK1 emir* Ii?5»l1 0A4317 sirrl*" V03tO rr^iTift fy/tii SWAP OHtf i*l» (St) j rrnh* 3 mill!. (mums 0 rh* j i "i Unrltr 0,M51S •iWW Mill ral« own '!«)!> fn I'l*' —i— T TUifVJ t
      58 words
    • 122 26 Feb 15 r,oin ffDH fiiw/7 *:iiaQ 172*31 TJ4DI /-b »J f. b >4 1 <m<lri«i irn. in JWfN Oil Source: Thomson Reuters CAST BAR /mb >b iM) t.|(iy Kflufawr 'BSG»7: mss RAMI' GOLD BARS I'D \m »lrr| Lialvrj lam !*om 1 Qji'P Hj su n8 lilngra IK* |6<?
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    • 57 26 Feb 15 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 12 3140.0 3153.0 3153.0 3130.0 168 876 Mar 12 3183.0 3180.0 3200.0 3176.0 655 5996 Apr 12 3199.0 3197.0 3213.0 3182.0 9981 ***** May 12 3200.0 3201.0
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    • 24 26 Feb 15 Open High Sett STI Feb 3011.0 SIMSCI Feb 344.4 347.2 346.4 Taiwan Feb 280.5 285.3 285.3 Source: SGX Derivatives
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    • 156 26 Feb 15 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3527 1.3537 1.0743 1.0748 Canadian dollar 1.2656 1.2661 1.0051 1.0052 Euro 1.6581 1.6591 1.3169 1.3173 NZ dollar 1.0551 1.0568 0.8380 0.8391 Sterling pound 1.9799 1.9811 1.5725 1.5729
      156 words
    • 22 26 Feb 15 S$ Bid Offer 1-month 1.2591 1.2595 2-months 1.2590 1.2595 3-months 1.2588 1.2593 6-months 1.2574 1.2580 Source: OCBC
      22 words
    • 121 26 As at 9am Feb 15 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.382 1.317 Can dollar 1.288 1.239 Euro 1.69 1.625 Sterling pound 2.019 1.942 NZ dollar 1.084 1.033 US dollar 1.283 1.234 Local dollars to 100 units of foreign
      121 words
    • 155 26 Feb 15 Bid $S Offer Bid 0vernight 0.03 0.01 1-month 5/16 3/16 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.10 US$ Offer Bid 7 days 0.25 0.15 1 month 0.40 0.20 2 months 0.50 0.30 3 months 0.65 0.45 6 months 0.90 0.70 9 months 1.05 0.85
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  • BizIT
    • 958 27  -  Explosion of unstructured data and mobile applications expected to keep momentum going this year, reports AM IT ROY CHOUDHURY reportsAMIT reportsAMIT ROY CHOUDHURY LED by a robust performance in Singapore, data storage solutions vendor Hitachi Data Systems’ (HDS) Asean business unit experienced double-digit growth
      958 words
    • 437 27 Reuters [NEW YORK] Between 2011 and 2016 the amount of mobile data traffic will grow at a compound annual rate of 78 per cent as the number of mobile devices connected to the Internet exceeds the number of people on Earth in
      Reuters  -  437 words
    • 884 27  -  Amobee CEO Trevor Healy finds the rush of being part of a growing start-up hard to resist, reports VICTORIA HO <the bizit interview> reportsVICTORIA reportsVICTORIA HO SOME people aspire to be top dog of a large conglomerate, but for others, the rush of being part of
      884 words
    • 619 27 AP [SAN FRANCISCO] As Yahoo tries to head in a new direction, the fate of the struggling Internet company’s Asian holdings remains in limbo. The negotiations to sell Yahoo’s stakes in China’s Alibaba Group and Yahoo Japan abruptly broke off
      AP; BLOOMBERG FILE PHOTO  -  619 words

  • PROPERTY
    • 682 28 The group earns nearly 10% of profits from its 167 Chinese hotels Reuters [LONDON] World No 1 hotelier InterContinental Hotels is looking to emerging markets and especially China to drive future growth after a recovery in the United States and a string of new
      Reuters; BLOOMBERG  -  682 words
    • 359 28 PROPERTY TRANSACTIONS FOR DISTRICTS 1 TO 27 WITH CONTRACT DATES BETWEEN JAN 18 AND JAN 24, 2012 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 4 NON-LANDED Reflections At Keppel Bay Apt 18/01/2012 99 1841 3277 1780 The Interlace Apt
      359 words
    • 175 28 Bloomberg [SYDNEY] Australian capital city office values will rise 3 per cent over the next two years, a National Australia Bank Ltd (NAB) survey showed. Office property values will gain 1.6 per cent by December, the survey found. Retail property
      Bloomberg; BLOOMBERG  -  175 words
    • 451 29 Rising demand, drop in property released for residential projects drive homebuilders to increase dwellings per hectare Bloomberg [LONDON] Homebuilders are adding more than twice as many properties into new developments in London, increasing density in the UK’s most populous city, according to Jones Lang
      Bloomberg; REUTERS  -  451 words
    • 307 30 It is one of the last few sites in District 11’s Novena Commercial Hub ULTRA Mansion, a 13-sto-rey apartment building near Novena MRT station, is being launched on the collective sale market, with an indicative price of at least $170 million. Based on
      307 words
    • 455 30 Tighter oversight follows spike in land abuse cases last year Reuters [HONG KONG] Chinese authorities are moving to tighten oversight on illegal land development following a spike in land abuse cases last year, some of which garnered national attention and sparked violent standoffs,
      Reuters  -  455 words
    • 393 31  -  He cites use of PEX to create flexible plastic water piping which takes 40% less time By MINDY TAN THINKING innovatively and extending it to minute details like water pipes is the way to improve construction productivity, said National Development Minister Khaw Boon
      393 words
    • 382 31  -  REUTERS BREAKINGVIEWS By IAN CAMPBELL [LONDON] The UK housing market, like its old bingeing buddy, the economy, looks to have hit rock bottom. It’s probably up from here, but very slowly. House prices, just like the economy, have slid down twice into
      382 words
    • 1040 32  -  Three flagged for EC development; analysts divided on price impact By MINDY TAN Four 99-year residential sites, expected to yield 2,070 units, was released for sale under the government land sales programme yesterday. Three parcels of which two are for executive condominium (EC)
      1,040 words
  • Page 28 Advertisements
    • 190 28 Freehold Bungalow at Dunbar Walk i Land 8,400 sq ft 4,000 sq ft built-in (Re-built in 2007 with quality finishes) i 4 bedrms on ground floor ideal for parents kids 2 bedrms upstairs i 1.5 storey with potential to add 2 bedrooms upstairs i Ground pool (7 x 3.8m), beautiful
      190 words

  • Page 29 Advertisements
    • 167 29 Sk ion of Interest FOR SALE Northstar AAAK (near Serangoon North Ave 4) Ramp up Industrial Space NO Additional Buyer Stamp Duty (ABSD) NO Sellers Stamp Duty (SSD) Rare Opportunity No Restrictions on Foreigners Strata-titled units Size: Between 10,000sft 21,000sft available Price: Between $4.5m $9.35m (est. $445psf) Selling with Tenancy
      167 words
    • 363 29 St. John Woods Residence Kuala Lumpur Exclusive Preview 23 February 2012, Thursday Hilton Hotel Singapore I ■j mm h "L|. Irt a i i-E- s a reason grass is greener on our Wh J. Luxury apartments from RM 2,800,000 (RM 800 psf onwards) For an appointment, please call: Melody Tan
      363 words
    • 236 29 International Property Group Pte Ltd A Singapore based Boutique Real Estate Broker Focusing On Commercial Real Estate In Central Region of Singapore. We deal with the following types of assets 3 4 Star Hotels I Shopping Mall Office Commercial Buildings Boutique Budget Hotels Commercial Shophouses Strata Office Units Retail Space
      236 words

  • Page 30 Advertisements
    • 1108 30 SAFFRON London Singapore Hong Kong CENTRAL LONDON PROPERTY AGENT LONDON PROPEKniii* OWNERS no/ LET YOUR APARTMENT TODAY /Q OUR CORPORATE TENANTS WAITING LETTING FEE SAFFRON RENT A LONDON PROPERTY EVERY 30 MINUTES Baltimore Wharf ChelseaCreek Merchant Sq Caspian Wharf St Williams Court Neo Bankside For Immediate Rental with RENT GUARANTEE
      1,108 words

  • Page 31 Advertisements
    • 162 31 Kaki Bukit Ideal Investment No Seller's Stamp Duty No Additional Buyers' Stamp Duty Foreigners Eligible m m SOLD 3 r Easily accessible fo all parts of Singapore via Bartley Road East PIE k. KPE u Si tic Superwide column-free Driveway/ Carparks (approx 175 m) a KK vV 60 Years Leasehold
      162 words
    • 334 31 Building Wealth Through Structured Property Investment Income Generating Assets ~Benefit from secure and regular income returns plus long-term asset appreciation London Landmark Commercial bldgs with 5.5% returns after cost Hotel Investment 50 -lOOrms hotels in Central London Singapore Commercial Buildings in Business District with 4% returns Bloc sales of luxurious
      334 words

  • Page 32 Advertisements
    • 364 32 ONE OME ONE COMMERCIAL STREET LONDON El c f n ns I Py i?ki\ •i V i I rfll* S s A > 'V v > m .*v rsi WZZ ■"Vj i> -*jswfe T 1 1 >1. PRIVATE PRESENTATION FRI 17TH FEB 2012/ 7.30PM TO 9.30PM EXHIBITION SAT I8TH&SUN I9TH
      364 words
    • 118 32 WESTWGDD realty Honesty* Passion -Relationship* Agency Licence No. L30 1 03 4 7 E Industrial Space for Rent Bukit Batok 17,000sqft Penjuru, Pioneer 8,000sqft 21,000sqft Tuas 7,000sqft onwards Tagore 2,100sqft Burn Rd, Joo Seng, Genting Lane 3,400 12,000sqft CALL TENG Yen 9109-1953 CEA No: R*****3B SUITES NEWTON AustiaUan Property Finance
      118 words