The Business Times, 10 April 2012

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Total Pages: 45
1 46 The Business Times
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  • Title Section
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    19 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg CO R GN NO *****2868E MICA (P) 120/08/2011 Tuesday, April 10, 2012
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  • Article, Illustration
    Lock icon Alarm bells in China, US bring out the bears
    605 1  -  US job numbers, China inflation figures spook investors; US Treasuries gain from scare By EMILYN YAP [SINGAPORE] The bears have tightened their grip on markets after a quarter of hibernation. Asian stocks sank yesterday, following weaker than expected payroll numbers in
    Source:  -  605 words
  • Article
    Lock icon De lights go out on SingTel’s e-mag store
    721 1  -  By JOYCE HOOI [SINGAPORE] SingTel’s magazine app store de!ite has become the telco’s first casualty among its digital offerings, shutting down less than two years after it was launched, BT has learnt. In response to BT’s queries, SingTel confirmed yesterday that the
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      107 1 us$ s$ US$ (S$ per US$) 1.261 (US$/S$ per 1.587 2.001 EURO (US$/S$/E) 1.308 1.649 Foreign currency per US$ S$ YEN 81.30 64.50 RM 3.073 2.437 HK$ 7.766 6.159 BAHT 30.94 24.54 RUPIAH 9,174 7,276 RENMINBI 6.307 5.002 INDIAN RUPEE 51.30 40.68 A$ 0.972 0.771 NZ$ 1.223 0.970 KL
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    • Article
      Lock icon PRIME RATES
      17 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.702 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
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      185 1 PROPERTY Office units at Parkway Centre changing hands PAGE 46 COLLECTIVE SALE Cavenagh Gardens up for en bloc sale PAGE46 PAY, BONUS Non-executive directors in S’pore second-highest paid in the region page 2 COMPANIES MAS seeks court order to freeze ex-China Sky CEO’s funds PAGE 6 China’s inflation rate rises
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      3 1 8871 81 *****4
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  • Page 3 Advertisements
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      244 3 PATEK PHILIPPE GENEVE Begin your own tradition. 7T IT'D "O D<M “At our family-owned companywe have a unique way of creating a new watch. We involve the family I know that many people are fascinated by how a new Patek Philippe watch design comes into being. At our family-owned watch
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      206 4 More Parliament reports, Page 12 r V [TNE WITH THE BRIGHTEST STARS IN CORPORATE EXCELLENCE Nominations are now open for deserving individuals and companies to shine at the 7th annual Singapore Corporate Awards. So if you have shown exemplary standards in corporate governance, set new benchmarks in corporate disclosure standards,
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      1081 5 Offer of up to S$500 million in aggregate principal amount of 5.125% Perpetual Subordinated Capital Securities (the "Securities") by Genting Singapore PLC (the "Offer") at the issue price of 100% to the public in Singapore through the ATMs of DBS Bank Ltd. ("DBS Bank") (including POSB), Oversea-Chinese Banking Corporation Limited
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon MAS seeks court order to freeze former China Sky CEO’s funds
      668 6  -  High Court’s interim order prohibits him from sending any money out of S’pore By LYNETTE KHOO THE Monetary Authority of Singapore (MAS) is seeking a court order to freeze funds in Singapore belonging to the former chief executive officer
      668 words
    • Article, Illustration
      Lock icon Wee Ee Cheong’s 2011 pay falls 19% to $6.5-6.75 million
      347 6  -  By SIOW LI SEN WEE Ee Cheong, chief executive of United Overseas Bank (UOB), saw his pay last year slashed some 19 per cent to a range of $6.5-6.75 million, making him the lowest paid bank chief of the three
      347 words
    • Article
      Lock icon SGX set to tighten rules for direct foreign access
      420 6  -  By KENNETH LIM FOREIGN brokers and investors may have to undergo stricter controls in order to directly trade securities on the Singapore Exchange (SGX), the market operator said yesterday in a consultation paper. In a separate paper, SGX also proposed ending
      420 words
    • Article, Illustration
      Lock icon Yoma and Interra gain from Myanmar fever
      1105 9  -  Both see share prices soar due to exposure to country but some analysts cautious STOCKS IN PLAY By FELDA CHAY MYANMAR fever has sparked a rally in the stocks of Yoma Strategic Holdings and Interra Resources. The two Singapore-lis-ted companies with high exposure
      Source: Bloomberg  -  1,105 words
    • Article
      Lock icon TT Int’l shares soar on $200m PE deal
      154 9 Reuters SHARES of Singapore’s TT International Ltd surged more than a third after the company signed a $200 million agreement with private equity real estate firm Lucrum Capital for a warehouse retail project in the city state. TT International trades consumer electronics
      Reuters  -  154 words
    • Article
      Lock icon DBS must sell Danamon shares if stake exceeds 80%: Indonesian bourse
      342 9 Bloomberg [JAKARTA] DBS Group Holdings Ltd, South-east Asia’s largest bank, must sell shares of PT Bank Danamon Indonesia back to the public if it owns more than 80 per cent of the lender after a takeover, according to the
      Bloomberg  -  342 words
    • Article, Illustration
      Lock icon Genting S’pore makes another perpetual offer
      780 10  -  $500m issue targets retail investors, size may be raised by another $200m By GRACE LEONG FRESH from its first successful $1.8 billion offering of perpetual securities the largest-ever single-tranche Singapore-dollar bond deal Genting Singapore is now targeting retail investors with a perpetual issue of
      BLOOMBERG  -  780 words
    • Article
      Lock icon Genting’s institutional perps edging down
      296 10  -  By SIOW LI SEN AS retail investors look forward to Genting Singapore’s $500 million issue of perpetuals securities, the price for its institutional offer sold last month continued to slide. Dealers said Genting’s mega $1.8 billion perpetuals sold to institutional investors at $250,000 a pop
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    • COMPANY BRIEFS
      • Article
        Lock icon GLP signs East China leasing agreements
        100 10 GLOBAL Logistic Properties has signed four new leasing agreements totalling 68,600 sq m in East China. Three leases, totalling 52,600 sq m, were signed in Shanghai, and a 16,000 sq m lease was signed in Ningbo. In an update, the logistics facilities provider in
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      • Article
        Lock icon CRCT sets up $500m note programme
        98 10 CAPITARETAIL China Trust (CRCT) has established a $500 million Multicurrency Medium Term Note programme (MTN), its manager, CapitaRetail China Trust Management Ltd, announced. The net proceeds from the issue of the notes will be used to refinance the existing borrowings of CRCT and its
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      • Article
        Lock icon Transcu hopes to wrap up funding terms
        65 10 TRANSCU Group Limited, which has been in the midst of a proposed restructuring, may issue securities and/or quasi-securities to alleviate its immediate cash-flow problems. In an update, the life sciences company said discussions are underway and the company hopes to finalise terms this
        65 words
    • Article
      Lock icon ST Marine bags 534.8m euro Oman navy deal
      364 10  -  It will build patrol vessels, provide logistic support By KELLY TAY SINGAPORE Technologies Engineering’s (ST Engineering’s) marine arm has secured a contract worth 534.8 million euros (S$880 million) from the Royal Navy of Oman (RNO). The contract to design and build four
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      1697 6 (Faction fMis faction fn*\ Ach'etx. ACTION ASIA LIMITED (Incorporated in the Republic of Singapore Company Registration No. *****6715M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2012 Annual General Meeting (the “Meeting”) of ACTION ASIA LIMITED will be held at Ballroom 1, Level 2, Grand Park City
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      249 6 NANYANG TECHNOLOGICAL UNIVERSITY Nanyang Business School University of California Berkeley Haas School of Business A strategic fusion of East and West business wisdom. Be a part of this distinguished cohort. "The BNAMP provides a good in-depth study into both the Western and Eastern models of business and how they differ
      249 words
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      1842 7 Far Eastern Bank Limited And Its Subsidiary (Incorporated in The Republic of Singapore) Co. Reg. No. *****0116D FINANCIAL STATEMENTS For ThE FINANCIAL yEAr ENdEd 31 dECEMbEr 2011 IMPorTANT The following financial information contains only a summary of the information in the financial statements of the bank and the Group for
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Stocks hit by multiple concerns
      608 8  -  ST Index slides 26 points on US jobs, Europe debt, and upcoming China data STOCKS VEN SREENIVASAN Senior Correspondent AFTER charging up some 15 per cent during the past three months, the market is starting to show signs of lethargy and unease. The Straits Times
      Source: Bloomberg  -  608 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      64 8 Apr 9 VALUE CLOSE BT OB/OS -269.00-222.00 BT CADI -*****.00-188.00 BT 10-day MA -*****.00 -27.00 FTSE ST Mid Cap 687.70 -6.26 FTSE ST Small Cap 463.71 -5.55 FTSE ST All Share 717.55 -6.48 FTSE ST China Top 224.05 -2.94 FTSE ST China 251.82 -2.75 FTSE ST Catalist
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    • Article
      Lock icon MOST ACTIVE STOCKS
      53 8 VOLUME Yoma 102,795,000 MDR 78,472,000 TT Intl 76,426,000 Ntegrator 50,808,000 Digiland 45,987,000 HLH Grp 36,823,000 MDR W*****5 33,442,000 TopGlobal 28,301,000 ChinaFashion 28,070,000 Interra 24,490,000 VALUE($) Yoma 59,544,675 Keppel Corp 53,173,480 DBS Grp 49,253,162 Genting SP 31,067,815 SembMar 31,000,830 UOB 30,688,270 Noble Grp 30,287,870 Wilmar 22,887,080 Yangzijiang 22,578,350
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 11 1 0 0 0 4 11 1 Manufacturing 29 75 38 5 6 8 34 81 46 Commerce 9 28 17 2 3 5 11 31 22 Tpt/Stor/Comms 9 26 6
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    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Singapore Exchange
        296 8 April 9 close: $6.68 DMG Partners Securities, April 9 FY2012 securities average daily turnover (ADT) is seen to be unexciting. Singapore Exchange (SGX) recorded Q3 FY2012 (year-end: June) securities market ADT of $1.4 billion, which is an improvement over Q2 FY2012’s $1.1 billion. However, this is weaker than
        Source: Bloomberg  -  296 words
      • Article, Illustration
        Lock icon SMRT Corporation Glossary:
        462 8  -  Compiled by JAMIE LEE April 9 close: $1.74 OCBC Investment Research, April 9 FOLLOWING our last report on SMRT after its Q3 FY2012 (year-end: March) results, market activity on the counter has been somewhat muted. Strong selling pressure as anticipated by more than half of the street
        Source: Bloomberg  -  462 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 14,939 14,939 78,368 78,368 Manufacturing 175,986 82,556 258,542 145,467 2,561 148,029 Commerce 234,530 14,454 248,984 71,265 372 71,638 Tpt/Stor/Comms 81,184 10,490 91,674 91,002 2,824 93,826 Finance 13,441 200 13,641 112,929 43 112,972 Construction 71,998 34,756
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      110 8 Stock name Close Change Stock name Close Change CapMallsAsia 1.565 -0.030 CapitaLand 3.010 -0.050 CapitaMall 1.795 -0.015 CityDev 10.730 -0.170 ComfortDelGro 1.505 -0.015 DBS Grp 13.270 -0.070 F&N 6.570 -0.060 GLP 2.110 -0.040 Genting SP 1.665 -0.020 Golden Agri 0.795 HK Land 5.900 -0.090 JMH 51.000
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    • Article, Illustration
      Lock icon Greenback falls to 1 -month low vs yen
      448 8 CURRENCIES Reuters [NEW YORK] The US dollar dropped to a one-month low against the yen yesterday as market players mulled over the significance of last Friday’s weaker-than-expected US employment data. The dollar was weighed down by a sharp slowdown in jobs growth,
      Reuters; BLOOMBERG  -  448 words
    • Article
      Lock icon RISES
      117 8 BY CENTS CLOSE UP DBXT iBoxxUSTr 5US$ ***** 218.1 0.9 GLD 10US$ ***** 146.2 0.7 DBXT FTVietnam 10US$ 2461 54.2 1.8 Creative Tech 427 53.0 14.2 Lyxor MS India 10US$ 1334 37.8 2.3 Hyflux 6% CPS 10 ***** 30.0 0.3 CerebosPac 592 11.0 1.9 DBS Bk 4.7% NCPS 100
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    • Article
      Lock icon FALLS
      129 8 BY CENTS CLOSE DOWN DBXT E50 10US$ 3487 -369.4 -7.8 DBXT MSEurope 10US$ 4239 -248.4 -4.4 IS S&P500 ***** -239.5 -1.4 DBXT AUD Bonds 5AU$ ***** -224.3 -1.0 DBXT MSJAP 10US$ 3733 -171.5 -3.5 JMH 5100 -100.9 -1.5 DBXT STGLDv100 10US$ 2699 -92.0 -2.6 DBXT SPASX200 10US$ 3317 -76.9
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
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      52 9 IG MARKETS Ae' o\^ e We only execute FX/CFD trades at the price you see or better IS DIFFERENT FIND OUT HOW IGMARKETS.COM.SG CFD trading can result in losses that exceed your initial deposit Excluding non-Guaranteed Stop orders IG Markets (ACRA No. *****621X) is licensed by the MAS and International
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      2302 10 KOH BROTHERS GROUP LIMITED (Unique Entity Number *****0775D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 18 ,h Annual General Meeting of Koh Brothers Group Limited (the “Company”) will be held at Oxford Hotel, 218 Queen Street, Singapore *****9 on Thursday,
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      288 11 Advantage is what you pass on to your loved ones Leaving your loved ones a lasting legacy is a gift they will always treasure. That is why we developed the PRUVantage suite of products. This includes PRUUniversal Vantage Zenith PRUUniversal Vantage Optimum to help plan for your estate, grow and
      288 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon New law aims to help achieve energy efficiency
      516 12  -  Energy Conservation Bill passed by Parliament sets new rules for large users YESTERDAY IN PARLIAMENT Reports by CHUANG PECK MING BIG users of energy in the industry and transport sectors will soon have to appoint an energy manager, monitor and report energy
      FILE PHOTO  -  516 words
    • Article
      Lock icon 2 Bills passed to ensure clean water supply
      371 12 EXISTING safeguards to ensure the supply of clean water will be beefed up with two Bills passed in Parliament yesterday. The Public Utilities (Amendment) and the Sewerage and Drainage (Amendment) Bill will provide the PUB “the power to regulate matters relating to
      371 words
    • IN BRIEF
      • Article
        Lock icon Government can borrow more
        151 12 PARLIAMENT yesterday gave the greenlight to raise the cap on government’s borrowing through the issuance of non-tradeable government bonds to $490 billion in the next 5 years up $170 billion from $320 billion currently. Minister of State for Finance Josephine Teo said 80 per cent of
        151 words
      • Article
        Lock icon Arbitration hub Bill passed
        60 12 PARLIAMENT also gave the go-ahead for further refinements of legislation to back Singapore as an international arbitration hub. The passing of the International Arbitration (Amendment) Bill which will broaden the definition of arbitration agreements, provide recourse against negative jurisdiction of rulings by an arbitration tribunal, clarify
        60 words
    • Article
      Lock icon Teo: Countries need to cooperate on security
      692 13  -  Risk landscape will grow more complex, diverse with interconnectivity By MALMINDERJIT SINGH WITH interconnectivity comes increased risk of local events escalating into global ones, so countries need to develop a multi-dis-ciplinary and collaborative approach to security. That was the gist of Singapore Deputy
      692 words
    • Article
      Lock icon S’pore and European holiday stay websites merge
      262 13  -  By AMANDA EBER SINGAPORE-BASED shortterm rental site Roomorama.com has merged with European counterpart Lofty.com in a deal that will also see the former receive US$2.1 million in seed funding. Participating seed investors in the deal include Jose Marin, PROfounders Capital LP, Lerer Media
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    • SINGAPORE ROUNDUP
      • Article
        Lock icon Tower Watson names MD for S-E Asia
        107 13 TOWER Watson, a global professional services company, announced yesterday the appointment of Scott Burnett as managing director for South-east Asia. He will also be the head of client development for Asia-Pacific. Under the new appointment, Mr Burnett will oversee the company’s growing business
        107 words
      • Article
        Lock icon Big turnout for Titanic show over weekend
        124 13 MORE than 11,000 visitors visited the Titanic: The Artifact Exhibition at the ArtScience Museum over the Easter weekend. Today also marks the 100th year anniversary of Titanic’s voyage, and to commemorate this event, 2,228 Kong Ming lanterns will be released between 8pm and
        124 words
    • Article, Illustration
      Lock icon Financial literacy course for young adults launched
      300 13  -  By JOSHUA TAN A FINANCIAL literacy programme for young adults was jointly launched by Citi Singapore and Singapore Management University (SMU) yesterday. The event saw Michael Zink, head of Asean and Citi Country Officer Singapore, presenting Citi’s pledge of $278,000 to SMU president
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      2942 12 KATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ASJ HOLDINGS LIMITED (Company Registration No. *****1740N) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixteenth Annual General Meeting of the Company will be held at 514 Chai Chee Lane, #05-05/06, Bedok Industrial
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      208 13 A 'k f«l rlCTIVA MEDIA Double Your Marketing Performance With Activa Media The Only Digital Agency With Double Accreditation As Google AdWords Premier SME Partner Preferred Reseller For Yahoo! Search Marketing At Activa Media, our goal is to make online marketing easy, effective and profitable for small- and medium-sized enterprises
      208 words
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  • SME Inc
    • Article, Illustration
      Lock icon Making things simple and excellent
      847 14  -  Water treatment systems firm MattenPlant offers differentiating values to regional market through its brand promise, reportsJOSHUA JOSHUA TAN Typically, people see jobs in the manufacturing sector as uninteresting, with employees largely confined to the walls of the factory or worksite. However, for the employees at
      YEN MENG JIIN  -  847 words
    • Article, Illustration
      Lock icon How to fly through crises
      931 15  -  Firms should have a high degree of commitment and the readiness to handle crises COMMENTARY By NITIN PANGARKAR The writer is associate professor at the Department of Strategy and Policy, NUS Business School, where he teaches courses on Corporate Strategy and Global Strategic Management. He
      AFP FILE PHOTO  -  931 words
    • Article, Illustration
      Lock icon Trading with China? Be careful
      873 16  -  HENRY GAO Engage SMU profs Henry Gao is an associate professor of law at SMU and Dongfang Scholar Chair Professor at Shanghai Institute of Foreign Trade. With law degrees from China, the UK and US, he has worked at the WTO Secretariat in Geneva and
      873 words
  • Page 14 Advertisements
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      1580 14 kate notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices EUCON HOLDING LIMITED (Company Registration No.: *****7762R) (Incorporated in the Republic of Singapore with Limited Liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Tenth Annual General Meeting of Eucon Holding Limited (the “Company”) will be held at Grand
      1,580 words
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      Lock icon Page 14 Advertisements Column 2
      381 14 In the Matter of the Companies Act (Cap. 50) And In the Matter of REDIFFUSION PTE. LTD. (Company Registration No. *****1225R) (Incorporated in the Republic of Singapore) Notice of Creditors’ Meeting Pursuant to Section 296 of The Companies Act (Cap. 50) Notice is hereby given pursuant to Section 296 of
      381 words
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      42 14 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. m P Head to CATS FASTADS in The New Paper for beauty haircare services! BUY IT- SELL IT- FIND IT CLA/Dec05/Sg
      42 words
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      83 15 English Workplace BETTER COMMUNICATION, GREATER EFFICIENCY, HIGHER PRODUCTIVE ©SINGAPORE WORKFORCE SKILLS QUALIFICATIONS <• v Serve Confidently with Effective Communication English Workplace brings customised English courses to your workplace. Your staff will be able to: Communicate better s/ Enhance their personal effectiveness V' Improve individual and team performance Sign up for
      83 words
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      3172 16 Brought to you by: notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Thirty Third Annual General Meeting of members of Malaysia Smelting Corporation Berhad will be held at Bintang Meeting Rooms 1 2 (Level 4) of the JW Marriot Hotel
      3,172 words
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      104 16 HAVE a pressing question about a business-related issue that your company is facing? Professors from the Singapore Management University (SMU) will provide their expert advice and answers to your queries on a fortnightly basis. All you need to do is send us an e-mail with your query at btnews@sph.com.sg and
      104 words
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      2510 17 fTTTff YEO HIAP SENG LIMITED jT (Registration No.: *****0138Z) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifty-sixth Annual General Meeting of the Company will be held in The Auditorium, Yeo Hiap Seng Limited, 3 Senoko Way, Singapore *****7 on Thursday, 26 April 2012,
      2,510 words
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      2668 17 HYFLUX LTD Company Registration No.: *****2722Z (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hyflux Ltd (“Company”) will be held at 202 Kallang Bahru, Hyflux Building, Singapore *****9 on 26 April 2012 at 2.00 p.m for the
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      2300 18 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices im LUZHOU BIO-CHEM TECHNOLOGY LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****2523N) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Falcon Room, Level 3, Laguna National
      2,300 words
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      2313 18 PACIFIC CENTURY REGIONAL DEVELOPMENTS LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****0381N NoficE OF~48 lh ANNUAL GENERaUMEETING NOTICE IS HEREBY GIVEN that the 48 th Annual General Meeting of the Company will be held at Raffles Town Club, Dunearn Room 3, Level 1, 1 Plymouth Avenue, Singapore
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      19 18 HLK Head to CATS FASTADS in The New Paper for education options! WATS BUY IT• SELL IT* FIND IT
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Better for central banks to talk the talk than walk it
      763 19 Efforts to talk down rising interest rates are taking hold as policy leeway thins Reuters [WASHINGTON] Some of the world’s most prominent central bankers may have to hope the pen is as mighty as the sword. With the Federal
      Reuters  -  763 words
    • Article
      Lock icon Japan returns to current account surplus in Feb
      317 19 AFP [TOKYO] Japan posted a current account surplus in February thanks to a stronger US economy, official data said, reversing a record deficit in January, although the figure was still down 30.7 per cent year-on-year. The latest reading, the broadest measure of
      AFP  -  317 words
    • Article
      Lock icon Seoul won’t curb bond purchases by foreign funds
      403 19 Despite record debt buying, it plans to sell 30-year bonds to such investors Bloomberg [SEOUL] South Korea, which suffered a sudden outflow of capital in 2008, has no plans to curb record purchases of its debt by foreign funds and will sell
      Bloomberg  -  403 words
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      943 19 OAKWELL ENGINEERING LIMITED (Incorporated in Singapore) (Co. Reg. No: *****3368H) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of OAKWELL ENGINEERING LIMITED (the “Company”) will be held at The Conference Room, No. 8 Aljunied Avenue 3, Oakwell Building, Singapore *****3 on Wednesday, 25 April
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      461 19 Innovating for Success VFS Global wlhs the Capgemini Leadership Award for Innovation 2012 /j i f The Capgemini Leadership Award for Innovation was instituted in association with NASSCOM to honour organisations who have adopted an innovative approach to drive business excellence and technology leadership. VFS Global was chosen for its
      461 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Four Malaysian senators extended, one just sworn in
      827 20  -  Of the four, three are federal ministers and the other is a deputy minister By S JAYASANKARAN in Kuala Lumpur THREE federal ministers and a deputy minister had a new lease of life yesterday when they were sworn in as senators for
      827 words
    • Article
      Lock icon KL starts study on high-speed rail to S’pore
      352 20 Land transport chief says government will ‘drive’ project [KUALA LUMPUR] Malaysia’s Land Public Transport Commission (Spad) is conducting a feasibility study on the high-speed rail project linking Kuala Lumpur and Singapore, according to a report in Malaysia’s Business Times. Spad chief executive
      352 words
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      2542 20 a» WATS NOTICES Toll free 1800-289-8822 Email notices@sph,com.sg www.cats.com.sg/notices SIF TO ALL SHAREHOLDERS SING INVESTMENTS FINANCE LIMITED Incorporated in the Republic of Singapore Co. Reg. No. *****0348D NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sing Investments Finance Limited will be held at
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon India’s policies making asset sales tougher
      620 21 Interference in state firms hurting profits, foreign sentiment, deficit cutting target Reuters [MUMBAI] India is not making life easy for itself as it looks to sell-off stakes in state companies to help plug a yawning budget gap, with New Delhi’s own policies battering sentiment
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      Lock icon MBK’s US$2.4b Taiwan TV sale hits China obstacle
      547 21 Reuters [TAIPEI] Private equity fund MBK Partners’ hopes for a quick conclusion to the US$2.4 billion sale of its Taiwan cable TV business have been dashed after the deal descended into controversy over pro-China political comments by the buyer’s chairman. MBK agreed
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      Lock icon China’s purchases of Japan debt shoot up
      245 21 Bloomberg [TOKYO] China bought the most short-term Japanese debt in nearly two years in February, according to data released by Japan’s Ministry of Finance yesterday. The world’s largest holder of foreignexchange reserves increased net purchases of short-term Japanese debt to 651 billion yen
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      2598 21 [SATS3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF (1) BOUSTEAD SOLUTIONS PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO.REG. NO.*****7971C (2) BOUSTEAD SALCON UTILITIES PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****3449C (3) BOUSTEAD SALCON
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      200 22/23 i\ fa A? I 3' iv «e'iNi ife f *w ik. k: H\CH A«u Mint f tf M r>’>* m v V Bubba Watson The Masters 2012 ir'nSBK&m. L ©Jens Honore for Richard Mille RICHARD MILLE A RACING MACHINE ON THE WRIST M r m V m L f. rv
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  • WORLD
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      Lock icon Focus on Citi, BofA as earnings season starts
      848 24 The two giants look similar but earnings will be driven by different factors NYT [NEW YORK] Bank of America used to be the stock Wall Street loved to hate. Citigroup, on the other hand, was supposed to be the troubled bank that
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      1009 25 Koreans increasingly disturbed by influence of the conglomerates Reuters [SEOUL] If you are a South Korean you might well wake up in a Samsung-built apartment, watch the news on an LG television, drive a Hyundai car to work and make a dinner
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      770 26 Liberal and carrying smartphones, they express and spread their views online Reuters [SEOUL] South Korea’s liberal opposition, bolstered by the under-40s and power of social media, could spring a surprise win in this week’s parliamentary elections despite opinion polls that show it tied
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      Lock icon Qatar’s Al Jazeera targets Europe’s pay-TV market
      529 26 Broadcaster plans to use sport to build int’l media brand Reuters [PARIS] Al Jazeera, best known for its Middle Eastern news coverage, is taking aim at Europe’s pay-TV market, using sport to build a global media brand, just as owner Qatar is raising
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      Lock icon Chinese buy German firms with knowhow
      1657 31 The buyers are looking for growth engines, and not just raw materials or patents Reuters [FRANKFURT] GERMAN businessman Norbert Scheuch was bowled over by his red-carpet treatment on a visit to China late last year and by how fast the country’s largest construction firm
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      Lock icon Sony to axe 10,000 jobs in turnaround bid: report
      500 32 Reuters [TOKYO] Japan’s Sony Corp is to cut 10,000 jobs, about 6 per cent of its workforce, the Nikkei newspaper reported yesterday, as new CEO Kazuo Hirai looks to steer the electronics and entertainment giant back to profit after four years
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      Lock icon Qatar builds up Xstrata stake ahead of Glencore deal
      531 32 Move could help Glencore plans to buy Xstrata Reuters [DUBAI] Qatar’s sovereign wealth fund has increased its stake in Xstrata to just over 5 per cent, potentially making it easier for commodities trader Glencore to buy the Anglo-Swiss miner. The tiny
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      Lock icon Avon appoints J&J’s Sherilyn McCoy as CEO
      504 32 Bloomberg [NEW YORK] Avon Products named former Johnson Johnson (J&J) executive Sherilyn McCoy chief executive officer as it works to reverse slumping profit and convince investors it was right to reject a US$10 billion takeover offer. Ms McCoy, 53, will join Avon on
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      Lock icon AOL to sell, license patents to Microsoft
      550 32 Deal is worth US$1.06b; AOL shares soar most in more than 2 years Bloomberg [NEW YORK] AOL, under shareholder pressure to make strategic changes as revenue declines, agreed to sell and license patents to Microsoft in a deal worth US$1.06 billion. AOL shares
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      Lock icon More US men than women landing jobs
      1082 33 As economy recovers, male confidence and spending recover too Bloomberg [WASHINGTON] IT took David Jeffrey more than a year to get back on his feet after losing his job at student-loan provider Sallie Mae. As of February, he is witness to the factory
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      Lock icon Epicentre of global patent wars
      968 34 Germany has become a destination for one-stop patent challenges NYT [BERLIN] I S Germany’s system of litigating disputes over patents bad for business? Microsoft’s decision to move its European logistics and distribution headquarters to the Netherlands from Germany has generated a debate over patent law
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      Lock icon Austerity hits Italy’s cultural heritage
      588 35 Other than Italy, Greece is also struggling to preserve its ruins AFP [ROME] After slashing arts budgets and with its most famous monuments badly in need of repair, Italy’s government is increasingly looking to private investors to help it preserve a priceless cultural heritage. The
      AFP  -  588 words
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      127 24 r “d S’- 3f V. .v V"tt- > ss* ’ft ■r: -rfa O' j psa If You’ve Attained The Perfect Balance Of Success Be Recognised At E50 Awards 2012 It’s time to stack up against the competition and emerge tall among our top 50 winners. As an E50 recipient, you
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      51 24 J I IV, f jwiM’S BEST gaUSHC t THERE'S NOTHING Llh ,SPt:ND!NG 2 WEEKS IN r AUS fi?AUA... AS DJ CHARMAINE'S TRAVEL BUDDY! TO ENTER CONTEST TUNE IN TO 31.3FM DR LOG ON TO WWW.RADID313.COM. TERMS CONDITIONS APPLY 91.3FWI Then'* nothing (ike AustrmCu TODBi S BEST MUS.C f s 5=3
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      2286 25 a» WATS NOTICES Toll free 1800-289-8822 Email notices@sph,com.sg www.cats.com.sg/notices HUAN HSIN HOLDINGS LTD n a ns. pb. -2- w (Incorporated in the Republic of Singapore) (Company Registration Number: *****9142R) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixteenth Annual General Meeting of Huan Hsin Holdings Ltd will
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      11 25 xref to Korea youth may tweet Opposition into power, Page 26
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      2402 26 >«• KATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CHINA JISHAN HOLDINGS LIMITED (Incorporated in Singapore with limited liability) (Company Registration No. *****0591E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of China Jishan Holdings Limited (the “Company”) will be held at Novotel
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      1984 27 GRANDNESS SINO GRANDNESS FOOD INDUSTRY GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****6801H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of SINO GRANDNESS FOOD INDUSTRY GROUP LIMITED (“the Company”) will be held at Suntec Singapore International Convention Exhibition Centre,
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      3176 27 SINWA SINWA LIMITED (Company Registration Number *****6542H) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING Company”) will be held at 28 Joo Koon Circle, Singapore *****7 NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sinwa Limited (the on Wednesday, 25 April 2012 at 10.30 a.m.
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      1835 28 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices i 1m YANLORD YANLORD LAND GROUP LIMITED (Incorporated in the Republic of Singapore) (Registration No. *****1911K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting ("AGM") of Yanlord Land Group Limited (''Company” or "Yanlord”) will be held on
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      1652 28 HOCK LIAN SENG HOLDINGS LIMITED Company Registration No. *****8903E (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of HOCK LIAN SENG HOLDINGS LIMITED (the "Company”) will be held at Hotel Re! Pearl’s Hill, Level 2, RelUnion, 175A Chin
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      4459 29 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices SBI OFFSHORE LIMITED (Company Registration No. *****7121D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of SBI Offshore Limited (the “Company”) will be held at 31 International Business Park, Creative
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      2405 30 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices SKY CHINA PETROLEUM SERVICES LTD. (Incorporated in the Republic of Singapore) (Reg. No. *****2303R) NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 168 Robinson Road, Capital Tower, 9th Floor, FTSE Room, Singapore *****2 on Tuesday,
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      1945 30 CWT LIMITED (Company Registration No.: *****0498M) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 42ndAnnual General Meeting of the shareholders of CWT Limited (the “Company”) will be held at 38 Tanjong Penjuru, CWT Logistics Hub 1, Singapore *****9 on 25 April
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      983 31 NOTICE OF ANNUAL GENERAL MEETING NOTICE OF ANNUAL GENERAL MEETING INTRACO Limited (Registration No. *****0526Z) (Incorporated in Singapore with limited liability) NOTICE IS HEREBY GIVEN that the Forty-Third Annual General Meeting of INTRACO Limited will be held at The Function Room, 348 Jalan Boon Lay, Singapore *****9 on Wednesday, 25
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      1728 32 BgAIS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices StXosv SIX OSV HOLDINGS LIMITED (Company Registration No.*****2504K) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of SIX OSV Holdings Limited (the "Company") will be held at the Boardroom, Lower
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      992 33 KATS3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices VGO XL VGO Corporation Limited (Incorporated in the Republic of Singapore) Registration no. *****1388D NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting of the Company will be held at Boardroom, No. 10 Changi South Lane, #07-01,
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      1276 33 HEETON HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****1387M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 60 Sembawang Road #01 -02/03 Hong Heng Mansions, Singapore *****8, on Wednesday, 25 April 2012 at
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      1224 33 ■N Q carnernet Company Registration No. *****4341D (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of CarrierNet Global Ltd. will be held at Anderson Room, 32 Maxwell Road, Level 3, Singapore *****5, on the 26 th day of
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      3310 34 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices SAMUDERA SHIPPING LINE LTD (Company Registration No. *****8462C) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Samudera Shipping Line Ltd (“the Company”) will be held at M-Hotel Singapore, Anson
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      3294 35 notices Toll free 1800-289-8822 Email notices@sph,com.sg www.cats.com.sg/notices LDRENZD LORENZO INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****8277C) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of the Company will be held at 27 Kaki Bukit Place, Eunos Techpark, Singapore
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  • EDITORIAL & OPINION
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      Lock icon Aviation industry braces for turbulence
      477 36 EDITORIAL STUBBORNLY high fuel prices amid an anaemic demand environment could cause shakeups in the aviation sector, both in terms of operations and ownership. With fuel prices up 30 per cent over the past six months and some 11 per cent during the first three
      477 words
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      Lock icon A bank too far: Time to leave outsourcing out of it
      797 36  -  THE BOTTOM LINE DAVID MASON The writer was a partner with Price Waterhouse Singapore for 18 years. He now runs his own consultancy in business communications in the UK. He spends several months a year with clients in Singapore.
      797 words
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      Lock icon Asean needs to expedite economic integration
      1023 36  -  Time not on its side and regional grouping needs to work on key areas By SANCHITA BASU DAS The writer is lead researcher for economic affairs at the Asean Studies Centre, Institute of Southeast Asian Studies. She is the editor of the forthcoming book,
      AP  -  1,023 words
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      Lock icon Beware of instant narratives
      1121 37  -  They’re fickle, dictated by vested interests and hold far from the truth, the whole truth and nothing but the truth LEON HADAR Washington Correspondent NOT so long ago in the pre-Internet era and at a time when print media reigned supreme, members of the chattering class
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      Lock icon The UK and Singapore: partners in science
      954 37  -  By LIM CHUAN POH, ADRIAN SMITH Lim Chuan Poh is chairman of the Agency for Science, Technology and Research; Professor Adrian Smith is director-general for Knowledge and Innovation at the UK Department for Business, Innovation and Skills INCREASINGLY, our societies face complex global
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  • AVIATION
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      Lock icon Garuda, Stanchart ink credit card deal
      295 38  -  Move set to boost airline’s Frequent Flyer programme By VEN SREENIVASAN GARUDA Indonesia and Standard Chartered Bank have inked a credit card affiliation programme, which comes after the bank rolled out financing support for the airline’s new singleaisle planes. Yesterday, Garuda and Stanchart signed
      AFP  -  295 words
    • Article
      Lock icon Dubai Duty Free hires banks for US$1.1b loan
      341 38 The multi-tranche facility is sought to help fund Dubai airport’s expansion Reuters [DUBAI] Airport retailer Dubai Duty Free (DDF) has mandated banks for a US$1.1 billion multitranche loan facility to help fund the expansion of Dubai’s international airport, the company said in
      Reuters  -  341 words
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      Lock icon Some good points but JetBlue isn’t a darling it once was
      842 38 Reuters [WASHINGTON] JetBlue’s emergency response team barely had time to locate the Incident Operations Center at its new headquarters in Long Island City, Queens when it was summoned there to handle an emergency on March 27, a day after
      Reuters  -  842 words
  • Page 38 Advertisements
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      1891 38 WAS Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices AWA KENCANA AGRI LIMITED Registration No: *****7793E (Incorporated In the Republic of Singapore) laqgreiEia notice of annual general meeting NOTICE IS HEREBY GIVEN that the 2012 Annual General Meeting of the members of the Company will be held at Coleman Room, Level 1,
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  • Page 38 Miscellaneous
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      317 38 CRYPTIC CROSSWORD Across 1 Throw in the towel changing diapers (7) 5 Writer’s career decline (7) 9 Verify criminal’s at head of company (7) 10 Tarts consuming spirit showing jugs (7) 11 Management finish around four (9) 12 Small tool generating offspring (5) 13 Pips best players (5) 15 One
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  • SHIPPING
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      Lock icon Boat Asia to showcase more than 60 yachts
      305 39  -  By LYNN KAN OVER 60 yachts large and small will make a splash at this week’s luxury yacht showcase, Boat Asia 2012, to be held at the Marina Keppel Bay. This year, golfing enthusiasts with a boating fancy will get a rare
      305 words
    • Article
      Lock icon HK ship insurers unable to fill void in Iran oil cover
      608 39 This is another blow to Chinese importers struggling to find ways around curbs Reuters [SINGAPORE] Hong Kong maritime insurers will not provide full cover to tankers carrying Iranian oil after new European Union (EU) sanctions take effect from July,
      Reuters  -  608 words
    • Article
      Lock icon HK to target ships to control smog
      795 39 But tightening fuel standards will add to costs for ships Bloomberg [HONG KONG] As OOCL London entered the English Channel in early February, the 323-metre vessel owned by Hong Kong’s biggest container line was forced to switch from burning the black sludge known
      Bloomberg  -  795 words
    • Article
      Lock icon TRANSPORT ST0CKS
      250 39 SGX '000 Apr 9 S$ +/-Vol CH Offshore 0.39 unch 434 Chuan Hup Hldg 0.23 0.01 7 Cosco Corp 1.11 -0.03 9568 s$ First Ship Lea 0.22 unch 76 Freight Links 0.06 unch 1337 Grand Banks 0.20 0.02 3 Jaya Hold Ltd 0.55 -0.01 252 K1Ventures 0.10 unch
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    • Article
      Lock icon Retracing the route of the Titanic
      320 39 Reuters [SOUTHAMPTON, England] Descendants of some of the 1,500 people killed when the Titanic sank a century ago were among the passengers on a cruise ship that set off on Sunday to retrace the route of the liner’s ill-fated voyage. Some donned period costume,
      Reuters  -  320 words
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      1954 39 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices HAiDA QUALITY CHOICE MODERN IMAGE CHINA HAIDA LTD. (Incorporated in the Republic of Singapore) Registration No. *****0428C NOTICE OF EIGHTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of CHINA HAIDA LTD. (“the Company”) will be held at Chartrnom,
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      1278 40 The Business Times Shipping Times 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 Email: singapore@balisagp.com Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Antwerp/UK Destination STXPO TBN
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      829 40 WALLENIUS WILHELMSEN LOGISTICS Tel: (65) 6379 5066 Fax: (65) 6379 5106 Email: 2wsinenq@2wglobal.com website: http://www.2wglobal.com AUSTRALIA NEW ZEALAND TO ASIA VESSEL VOY AKL BNE PKL MEL FRE SIN ANIARA FF216 06/04 11/04 14/04 16/04 21/04 28/04 TIRRANNA FF217 13/04 17/04 20/04 22/04 27/04 03/05 TALISMAN FF218 20/04 24/04 26/04 02/05
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  • Article
    Lock icon SGX MAINBOARD
    2656 41 Transaction date: Apr 9 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 Company Last Sale Vol Da ('000) Hiqh 116.5 92.5 AIMSAMPIReit 115 unch 164 115 114.5 115 115.5 1.7 11.6 510.4
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  • SINGAPORE STOCKS
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      Lock icon SGX CATALIST
      215 42 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 Div Gr Yld Net M Cap High Low Company Sale (’000) High Low Buyer Seller C'vr P/E Smil 28.5
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      Lock icon UNIT TRUSTS & FUNDS
      7415 42 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 1.01/ Aberdeen Asset Mgt Asia Limited Asian Local Ccy SD Bond ....0.9987/ EM Local Ccy
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      Lock icon GLOBALQUOTE
      188 42 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 46 25.5 Genting HK US$ US38 -1 5760 38.5 37.5 37.5 38 2502.1 Vol 205 168 TanChongInt HK189cd 190 196 4.3 3.7 6.3 3806.3 STOCK PRICES LEGEND:
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      Lock icon SGX ETF
      884 42 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 103 100 CIMB APAC Div 100US$ US101 100.5 101.5 10.6 1261 856 CIMBAsean40 100US$ US1037 1013 1021 162.6 ***** ***** DBXT AUD Bonds 5AU$ A***** -173
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  • FINANCE & COMMODITIES
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      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 43 In local curr In S$ In US$ dy yr dy yr dy yr Apr 6 Index Change Change Change Change Change Change World Preliminary 905.0 -0.1 9.1 -0.1 5.8 -0.1 9.0 EAFE Preliminary 730.8 -0.2 7.1 -0.2 3.5 -0.2 6.6 Europe Preliminary 1075.2 0.0 4.7
      373 words
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      Lock icon SMX MARKET UPDATE
      99 43 As on 5 April 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT JUN2012 1633.40 1621.60 1629.80 408 CURRENCY AUD-USD FUT JUN2012 1.0233 1.0178 1.0215 2014 EUR-USD FUT JUN2012 1.3169 1.3043 1.3066 1463 BASE METAL COPPER FUT MAY2012 8424 8345 8365 2954
      99 words
    • Article
      Lock icon CHICAGO BOT
      107 43 Apr 5 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 12 1434.00 1419.50 1434.25 1414.75 Jul 12 1437.75 1423.75 1437.75 1419.00 Aug 12 1429.25 1416.75 1429.50 1412.50 Sep 12 1402.50 1392.75 1403.50 1387.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 12 56.64
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 43 CRUDE OIL PRODUCTS Apr 5 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 122.17 -0.45 WTI (Near Mth) 103.20 1.30 Dubai (1-Mth F) 119.35 -1.33 Tapis blend 129.86 -1.48 Minas 129.86 -1.48 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 116.39 -1.50 Jet Kerosene 135.02 -1.79 US$/barrel OpecOil Basket
      76 words
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      Lock icon US$/S$ FORWARD RATES
      23 43 Apr 9 S$ S$ Bid Offer 1-month 1.2607 1.2610 2-months 1.2606 1.2609 3-months 1.2603 1.2607 6-months 1.2592 1.2597 Source: OCBC
      23 words
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      Lock icon LONDON METALS
      65 43 Apr 5 Apr Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2072.25 2053.35 3 months 2109.00 2093.00 Copper, Grade A(US$/tonne) Cash 8382.00 8358.50 3 months 8361.00 8350.00 Lead(US$/tonne) Cash 2059.00 2006.50 3 months 2059.50 2012.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months
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      Lock icon LIFFE
      80 43 Source: Bloomberg Apr 5 COCOA (£/tonne) Close Prev High/Low May 12 1421 1398 1437/1389 Jul 12 1426 1409 1442/1399 Sep 12 1431 1417 1449/1407 Dec 12 1436 1422 1455/1413 COFFEE(US$/tonne) Close Prev High/Low May 12 1987 1991 1996/1977 Jul 12 2005 2010 2015/1997 Sep 12 2020 2028 2029/2014 Nov
      Source: Bloomberg  -  80 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1213 43 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 1 150 280 20.00 25 Baker Technology Ltd W*****6 2.6 1 32 12 11.92 7 Best World Intl Ltd W*****5 2 1 30 78 9.00 15 Biosensors
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    • Article
      Lock icon INTERBANK CROSS RATES
      470 43 Apr 9 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.025 6.488 0.786 7.989 52.765 94.363 0.837 11.709 3.161 1.258 93.196 43.975 1.297 8.081 0.945 30.396 31.826 0.648 1.029 Canada 0.976 6.329
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    • Article
      Lock icon SIBOR
      55 43 Apr 9 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 0.***** 0.***** 0.***** SWAP Mid rates (S$) 12 mths 0.***** SWAP Mid rates (S$) 1 yr 0.*****
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    • Article
      Lock icon PRECIOUS METALS
      136 43 Apr 9 GOLD(US$/oz) Apr 04 Apr 05 Hong Kong closed 1636.30 Apr 05 Apr 05 Apr 04 London 1632.40 1615.86 1633.15 1616.63 Source: Thomas Reuters GOLD BULLION COINS (S$) Selling Buying 1 oz 2309 2088 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $811.00 665 SILVER Selling Buying
      136 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      87 43 Apr 9 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 12-Jul-12 0.30 1-Year BY*****W 01-Nov-12 0.32 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.250 01-Feb-14 100.21 5-Year N*****0Z 2.375 01-Apr-17 108.86 109 108.88 1-Year 10-Year
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    • Article
      Lock icon PALM OIL
      57 43 Apr 9 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 12 3650.0 3616.0 3655.0 3610.0 154 4077 May 12 3635.0 3590.0 3639.0 3590.0 3915 ***** Jun 12 3610.0 3575.0 3623.0 3575.0 ***** ***** Jul 12 3586.0 3556.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 43 Apr 9 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2966 1.2973 1.0285 1.0288 Canadian dollar 1.2647 1.2657 1.0032 1.0037 Euro 1.6487 1.6496 1.3078 1.3082 NZ dollar 1.0299 1.0326 0.8169 0.8189 Sterling pound 2.0010 2.0018 1.5872 1.5875
      154 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 43 As at 9am Apr 9 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.328 1.265 Can dollar 1.29 1.241 Euro 1.681 1.617 Sterling pound 2.041 1.963 NZ dollar 1.061 1.011 US dollar 1.282 1.233 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      160 43 Apr 9 $S Offer Bid 0vernight 0.01 par 1-month 5/16 3/16 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.02 US$ Offer Bid 7 days 0.23 0.13 1 month 0.40 0.20 2 months 0.45 0.25 3 months 0.55 0.35 6 months 0.85 0.65 9 months 1.05 0.85 12
      160 words
    • Article
      Lock icon SGX FUTURES
      581 43 Apr 9 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 9565.31 9618.10 9535.33 Jun12 9680.00 9690.00 9510.00 9550.00 *****4 *****9 Sep12 9560.00 9615.00 9560.00 9545.00 8 3033 MSCI TAIWAN INDEX FUTURES SPOT 272.70 274.69 270.13 Apr12 275.50 276.40 269.50 272.50 ***** *****6 May12 273.50 273.50
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  • PROPERTY
    • Article, Illustration
      Lock icon US apartment mortgage issues climb to all-time high
      897 44 US$13.5b of debt sold as mortgage agencies work to clear balance sheets Bloomberg [NEW YORK] Bonds backed by Fannie Mae and Freddie Mac tied to apartments soared to a record as the government-supported mortgage companies made low-cost loans on rental properties amid
      Bloomberg; BLOOMBERG  -  897 words
    • Article
      Lock icon Jumping on Olympic bandwagon
      689 45 Londoners rent out rooms and even gardens to visitors as hotels fill up Bloomberg [LONDON] Natasha Corne is offering Olympic fans who attend this summer’s London Games a piece of her back yard for around US$24 a night, including a full English breakfast. Ms Corne, 36,
      Bloomberg  -  689 words
    • Article, Illustration
      Lock icon US strip-mall vacancy rate falls for first time in nearly 7 years
      399 45 Reuters [NEW YORK] The average vacancy rate at US strip malls fell for the first time in nearly seven years in the first quarter and rents inched up, but it is too early to call a rebound for
      Reuters; REUTERS  -  399 words
    • Article, Illustration
      Lock icon 51 Parkway Centre office units sold for $53.37m
      769 46  -  Buyer is real estate investor Kishore Buxani’s firm, seller is HK’s Chiu family By KALPANA RASHIWALA A TOTAL of 51 strata-titled office units adding up to 51,191 sq ft at Parkway Centre in the Marine Parade Central location are changing hands at
      COLLIERS INTERNATIONAL  -  769 words
    • Article, Illustration
      Lock icon Cavenagh Gardens up for en bloc sale
      453 46  -  By MICHELLE TAN A STRETCH of “old school” apartment blocks along Cavenagh Road may soon make way for a swankier development if its en bloc attempt goes through. Freehold District 9 site, Cavenagh Gardens has been put up for tender by PropNex Investment
      CAVENAGH GARDENS  -  453 words
    • Article
      Lock icon Propertybubble worrying HK’s Tsang
      145 46 Bloomberg [HONG KONG] Hong Kong Financial Secretary John Tsang says he’s ready to step in if there are signs of overheating in the property market and has warned property buyers not to “blindly” follow the market. “I remain highly concerned about the risk of a price
      Bloomberg  -  145 words
    • Article
      Lock icon Mitsui Fudosan targets profit to double in new six-year plan
      402 46 Bloomberg [TOKYO] Mitsui Fudosan Co, Japan’s largest property developer by sales, forecast profit to more than double in six years as the company looks to strengthen its housing business at home and expand overseas. Mitsui Fudosan forecast net income to
      Bloomberg  -  402 words
    • Article, Illustration
      Lock icon 109 units at Hillsta project in Choa Chu Kang sold
      402 46  -  90% of buyers are S’poreans; most are from the vicinity By KALPANA RASHIWALA FAR East Organization has sold 109 units at its Hillsta project at Choa Chu Kang Road/Phoenix Road which was released last week. The property giant, which is
      FAR EAST ORGANIZATION  -  402 words
    • Article
      Lock icon Okura, JAL Hotels start globalbookings
      315 46 [TOKYO] Hotel Okura Co Ltd and JAL Hotels Co Ltd, have announced that, starting today, they will implement a global reservation booking system to serve all 79 hotels in their chains: Okura Hotels Resorts, Nikko Hotels International and Hotel JAL City. The global network of
      315 words
  • Page 44 Advertisements
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      Lock icon Page 44 Advertisements Column 1
      1290 44 KATS3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices f. or 35? :*ry ■s'* x: itV'-C SNIFF OUT GOOD DEALS AT AUCTIONS Check out information on auctions in CATS Notices in The Straits Times. NOTICES n [SATS BUY IT-SELL IT-FIND IT Head to CATS FASTADS in The New Paper for job
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  • Page 45 Advertisements
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      Lock icon Page 45 Advertisements Column 1
      312 45 Head to CATS FASTADS in The New Paper for beauty haircare services! \39fe WATS BUY IT* SELL IT* FIND IT CLA/Dec05/Sg jilbll #23-04/05/06 PENINSULA PLAZA ,1 FF Contact: Investment Properties Low Choon Sin Sammi Lim (CEA Reg No.: R*****5H) (CEA Reg No.: R*****9J) Tel: 9841 0006 Tel: 9368 9803 6
      312 words
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      Lock icon Page 45 Advertisements Column 2
      185 45 Dream office, fully equipped, perfect price? Yes. Offices from $25 per person per day Reg us Work your way New centre: Tanjong Pagar 77 Robinson Road, #34-00 Robinson 77, Singapore Other locations in Singapore: Asia Square Centennial Tower One Fullerton One Raffles Place Samsung Hub UOB Plaza 1 Centre 800
      185 words
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      Lock icon Page 45 Advertisements Column 3
      293 45 A typical London hotel room during the Games will cost £210 a night, according to Hotels.com. INVESTMENT OPPORTUNITIES CEA Licence No.: L*****50K OrangeTee® Business Space at City Fringe Ideal for corporate office with back-end operations Development Land Strata Office in CBD Bulk and individual units Shophouses in CBD and City
      293 words
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