The Business Times, 10 July 2012
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2012-07-10
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The Business Times
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Title Section25 2012-07-10 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Tuesday, July 10, 201225 words
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685 2012-07-10 1 JAMIE LEE - Bad news from US, eurozone may not weigh heavily on markets here By JAMIE LEE [SINGAPORE] The raft of dismal US corporate earnings pointing to lacklustre growth may not be a sobering prelude to Asia’s earnings performance, or weigh too heavily on685 words
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MARKETS DIGEST
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Article110 2012-07-10 1 HST INDEX 2,929.08 (-49.47) HST INDEX FUTURES 2,927 (-50) HSIMSCI 337.34 (-5.76) HSIMSCI FUTURES 336.70 (-5.70) us$ s$ US$ (S$ per US$) 1.273 (US$/S$ per 1.548 1.970 EURO (US$/S$/E) 1.229 1.564 Foreign currency per US$ S$ YEN 79.70 62.60 RM 3.189 2.506 HK$ 7.754 6.093 BAHT 31.79 24.98 RUPIAH110 words
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Article18 2012-07-10 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.249 TAIWAN 5.036 JAPAN 1.475 Source: Source: Bloomberg18 words
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Article, Illustration775 2012-07-10 1 MICHELLE TAN - By MICHELLE TAN [SINGAPORE] CapitaLand will “exchange” several properties with its own unit, Ascott Residence Trust (Ascott Reit) in the coming months via a series of acquisitions and divestments. Ascott Reit’s Somerset Grand Cairnhill Singapore property, located along Orchard Road, is set to beSource: Business Times and CapitaLand - 775 words
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Page 1 Advertisements
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Advertisement70 2012-07-10 1 PROPERTY Surprisingly resilient office demand in Q2 PAGE 29 COMMENTARY It’s the principle that counts PAGE 23 COMPANIES Ascendas to spin off hospitality arm in $823mIPO page 4 PRODUCTIVITY MATTERS Becoming a global player in precision engineering I PAGES 10 11 *****1 *****4 Classique extra-thin X w I 3 >70 words
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Advertisement9 2012-07-10 1 SME Inc Reaping the gains of listing PAGE 99 words
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TOP STORIES
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Article544 2012-07-10 2 Asian cover may save S’pore from US downpour THE raft of dismal US corporate earnings pointing to lacklustre growth may not be a sobering prelude to Asia’s earnings performance, or weigh too heavily on equity market sentiment, some analysts say. In particular, Singapore, being an open economy, has544 words
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Article, Illustration636 2012-07-10 2 NEETA LAL - By NEETA LAL in New Delhi JUST when it seemed that things couldn’t get any stormier for Vijay Mallya chairman of the United Breweries (UB) group that straddles aviation, pharmaceuticals, IT and real estate the 57-year-old tycoon’s fortunes seem to haveAFP FILE PHOTO - 636 words
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YESTERDAY IN PARLIAMENT
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Article, Illustration578 2012-07-10 2 EMILYN YAP - Impact of eurozone crisis on banks here unlikely to be significant: Tharman By EMILYN YAP [SINGAPORE] The government is monitoring economic developments and will introduce measures to support businesses and the economy if needed, said top officials from the Trade and Industry MinistryAFP - 578 words
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Article, Illustration487 2012-07-10 2 LEE U-WEN - By LEE U-WEN [SINGAPORE] The investigation into City Harvest Church (CHC) was triggered by feedback and complaints received in early 2010 on the possible misuse of the church’s funds, said Acting Community Development, Youth and Sports Minister Chan Chun Sing. This probe, he487 words
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408 2012-07-10 2 NISHA RAMCHANDANI - By NISHA RAMCHANDANI [SINGAPORE] Negotiations between Formula One (F1) race organiser Singapore GP (SGP) and the Formula One Administration on a possible extension of the nation’s five-year contract are still ongoing, with hopes for a mutually agreeable outcome soon, Minister for Trade408 words
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553 2012-07-10 2 PAULINE NG - Based on their valuation, potential upside is 3-5.3% higher than offer price By PAULINE NG in Kuala Lumpur MALAYSIA’S IHH Healthcare is fairly valued with future growth already factored in in its offer price, stockbrokers said ahead of the company’s listing later this553 words
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Article, Illustration672 2012-07-10 3 LYNETTE KHOO - Caliberated package of selected tools, better fundamentals will help: Tharman By LYNETTE KHOO [SINGAPORE] China will be able to avoid a hard landing despite the current steep slowdown in its economy, said Deputy Prime Minister Tharman Shanmugaratnam yesterday. The world’s second largest economy672 words
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695 2012-07-10 3 Govt will intensify its response to the economy’s slowdown as growth slows in Asia, says Wen Bloomberg [BEIJING] China’s inflation eased to a 29-month low and Premier Wen Jiabao said that the government will intensify its response to the economy’s slowdown as growth wanesBloomberg - 695 words
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Advertisement114 2012-07-10 3 ONE BANK. TWO CENTURIES. AND A GREAT DEAL OF PROGRESS. /T V* /r y ro R OF wm si 3 r 2* V*Z S3W»B SS5 ;c (> 977 (ti u CITI PIONEERS THE ATM. Since our beginning in 1812, we've been privileged to support some of the biggest ideas in114 words
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Advertisement62 2012-07-10 4 One Afternoon. I HAVE SOT A WHOLE STACK OF MATERIALS FOR MV STOCK ANALYSIS.. \V r> f 5 L 6r\ CAUT,ON '/PPf Hy S 5 ft 1 YOU SHOULD SWITCH TO USING I ONLINE RESOURCES INSTEAD CBS s t L ■m SHARElNVESTOR.com YOUR ONE-STOP FINANCIAL PORTAL FOR ALL YOUR INVESTMENT62 words
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COMPANY NEWS
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504 2012-07-10 4 KENNETH LIM - Deal will be Singapore’s largest year-to-date By KENNETH LIM PROPERTY manager Ascendas will spin off its hospitality arm in an up to $823 million initial public offering that would be Singapore’s largest IPO so far this year. Ascendas Hospitality504 words
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Article, Illustration588 2012-07-10 4 GRACE LEONG - By GRACE LEONG SHARES of Genting Singapore and Las Vegas Sands (LVS) dipped yesterday in the wake of proposed amendments to the Casino Control Act, which drew mixed views from gaming analysts on their potential earnings impact for the two casinos. AnalystsREUTERS FILE PHOTO - 588 words
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650 2012-07-10 4 WANG XIN MIN - By WANG XIN MIN WHILE the recent departure of Bob Diamond from Barclays Capital was among the most high-pro-file ones in the investment banking industry, many more in the sector could follow him out the door. Specifically, 75,000 job losses are expected in the investment650 words
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440 2012-07-10 4 SIOW LI SEN - By SIOW LI SEN SINGAPORE companies will soon be able to gain access to competitive long-term financing as they bid for large international projects when gov-ernment-backed Clifford Capital begins operations in Q4. Clifford Capital said yesterday that it had appointed Clive Kerner as440 words
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632 2012-07-10 4 RONNIE LIM - It makes a return to offshore oil business with US$115m deal By RONNIE LIM KEPPEL Corporation is back in the offshore oil and gas business. It’s taking a one-fifth stake in exploration production player KrisEnergy (KE) for US$115 million, bringing it back to the632 words
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Article320 2012-07-10 4 ShareInvestor A SUBSIDIARY OF sph 48 MRT stations to be fitted with CNA Group’s Local Sequential Controller system Local Master Systems Integrator (“MSI”), CNA Group Ltd. (“CNA”) announced that the first 48 Mass Rapid Transit (“MRT”) stations that were built in Singapore are going to receive a320 words
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Article, Illustration937 2012-07-10 5 New platform will let it to get new clients in 20,000 industrial buildings Bloomberg [SINGAPORE] StarHub Ltd, Singapore’s second-largest phone company, will roll out a faster network at key business centres as more people use smartphones such as Apple Inc’s iPhone toBloomberg - 937 words
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366 2012-07-10 5 Reuters INDIA’S Reliance Communications Ltd has set an indicative price range for the Singapore initial public offering of its undersea cable unit that could raise as much as US$1 billion and help the parent reduce its debt load, IFR Asia reported yesterday. RelianceReuters - 366 words
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Article, Illustration377 2012-07-10 7 JOYCE HOOI - They’ll create private cloud on ‘whole-of-govt basis’ through entity called Innovum By JOYCE HOOI SINGTEL has chosen HP as its strategic partner for the government cloud or G-Cloud project that it is involved in, the telco said yesterday. As part of this arrange-377 words
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Article, Illustration371 2012-07-10 7 GLENN CHOO - Perks, better terms for social enterprises offered in package By GLENN CHOO DBS Bank is upping its commitment to social entrepreneurship by putting on the table virtually free banking transaction services and loans with preferential terms. Among the enhanced benefits of the bank’s Social Enterprise BankingFILE PHOTO - 371 words
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COMPANY BRIEFS
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93 2012-07-10 7 SINGAPORE Technologies Engineering said that its aerospace arm, ST Aerospace, has clinched $370 million worth of contracts in the second quarter of 2012. During the quarter, ST Aero finalised a deal with Airbus, EADS and EADS EFW on an A33093 words
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49 2012-07-10 7 LUNG Kee (Bermuda) Holdings warned that profit for the half year ended June 30, 2012, will be “substantially lower” than the year-ago period. The maker of mould bases said that fewer orders and rising operation costs have persisted from the first quarter.49 words
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86 2012-07-10 7 SINO Techfibre said that it will no longer pursue a restructuring exercise as the company tries to reconstruct its accounts and resume trading. Consequently, the company said that it has terminated the appointment of financial adviser Provenance Capital. Auditors of Sino Techfibre raised questions about86 words
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98 2012-07-10 7 CHINA Gaoxian Fibre Fabric Holdings said that it has submitted a written undertaking to Singapore Exchange that its board will try to reconstruct the company’s financial statements for the first quarter “if the missing accounting records are found or when further information is98 words
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89 2012-07-10 7 BROADWAY Industrial Group plans to buy a 70 per cent stake in Malaysia’s Millennium Arena for RM50.8 million (S$20.2 million) to diversify into the aerospace and oil and gas industries. Millennium specialises in contract precision manufacturing services. The consideration will be partly funded89 words
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233 2012-07-10 7 Reuters [LONDON] London Metal Exchange (LME) shareholders will vote on July 25 on a £1.4 billion (S$2.8 billion) takeover proposal by Hong Kong Exchanges and Clearing Ltd, the LME said yesterday. The LME, the world’s largest marketplace for metals likeReuters - 233 words
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377 2012-07-10 7 KENNETH LIM - Incident won’t have material impact on financials, adds firm By KENNETH LIM NEWLY listed pawnshop operator Maxi-Cash Financial Services Corp said an alleged embezzlement of $149,000 by a store supervisor is an isolated incident and should not have a material impact on the company’s377 words
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Page 5 Advertisements
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Advertisement128 2012-07-10 5 1902 CITI OPENS IN SINGAPORE. w 98 I L CITIGOLD IS INTRODUCED TO SUPPORT SINGAPORE'S GROWING AFFLUENCE. cu i/1 u cr < o T3 03 CU c cu c- 03 03 CT 1 -a c to C_) Q(M O U Cit gold iT > 2012 ONE IN SIX SINGAPORE HOUSEHOLDS128 words
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SINGAPORE MARKETS
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Article, Illustration604 2012-07-10 6 R SIVANITHY - Index loses 49.47 points in tandem with HK loss as microcaps swing back into play STOCKS R SIVANITHY Senior Correspondent AFTER rising eight days in a row and gaining 173 points in the process, the Straits Times Index yesterday fell 49.47 points, or 1.7Source: Bloomberg - 604 words
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Article64 2012-07-10 6 Jul 9 VALUE CLOSE BT OB/OS 543.00-149.00 BT CADI -*****.00-178.00 BT 10-day MA -*****.00 +54.00 FTSE ST Mid Cap 688.15 -8.08 FTSE ST Small Cap 454.91 -4.61 FTSE ST All Share 711.04 -11.16 FTSE ST China Top 204.70 -4.07 FTSE ST China 227.58 -4.17 FTSE ST Catalist64 words
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Article186 2012-07-10 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 14 0 0 0 0 2 14 0 Manufacturing 30 72 30 5 8 7 35 80 37 Commerce 17 28 15 1 3 7 18 31 22 Tpt/Stor/Comms 7 24 7186 words
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Article121 2012-07-10 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 18,332 18,332 55,831 55,831 Manufacturing 278,280 104,745 383,025 140,410 3,857 144,266 Commerce 452,291 6,143 458,434 115,508 564 116,072 Tpt/Stor/Comms 52,203 11,507 63,710 75,361 3,291 78,652 Finance 14,450 9,931 24,381 83,744 4,470 88,215 Construction 38,850 9,130121 words
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Article113 2012-07-10 6 Stock name Close Change Stock name Close Change CapMallsAsia 1.600 -0.025 CapitaLand 2.890 -0.090 CapitaMall 1.925 -0.025 CityDev 10.950 -0.250 ComfortDelGro 1.555 -0.015 DBS Grp 13.950 -0.140 F&N 7.230 -0.220 GLP 2.160 +0.010 Genting SP 1.385 -0.020 Golden Agri 0.695 -0.025 HK Land 5.880 -0.160 JMH113 words
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Article, Illustration720 2012-07-10 6 CURRENCIES Reuters [LONDON] The euro steadied after hitting a two-year low against the US dollar early yesterday, looking vulnerable to concerns that a meeting of finance ministers later will merely highlight the limitations of anti-crisis steps agreed last month. Yesterday’s meeting would focusReuters; BLOOMBERG - 720 words
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Article58 2012-07-10 6 VOLUME GSH Corp 276,923,000 Equation R 56,756,000 TT Intl 44,688,000 ChinaTaisan 41,404,000 Asiamedic 40,526,000 Noble Grp 36,944,000 Interra 35,969,000 Golden Agri 32,861,000 Genting SP 32,524,000 MDR 29,799,000 VALUE($) CapitaLand 47,680,620 Genting SP 45,049,875 Noble Grp 41,323,580 Keppel Corp 40,826,560 DBS Grp 36,156,182 Sakari 35,631,175 SingTel 29,293,420 UOB58 words
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Article118 2012-07-10 6 BY CENTS CLOSE UP DBXT MSUSA 10US$ 3281 47.1 1.1 DBXT S&P Short 10US$ 3769 22.9 0.5 Lyxor Europe 10 US$ 1128 22.9 1.6 Hyflux 6% CPS 10 ***** 10.0 0.1 Haw Par Corp 608 7.0 1.2 OCBC Bk 5.1%NCPS 100 ***** 7.0 0.1 Lyxor CRBNonEny10US$ 270 6.4 1.9118 words
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Article120 2012-07-10 6 BY CENTS CLOSE DOWN Jardine C&C 4726 -209.0 -4.2 DBXT Nifty 10US$ 9583 -175.5 -1.4 GLD 10US$ ***** -131.0 -0.7 DBXT FTVietnam 10US$ 2243 -76.3 -2.6 DBXT FTChina25 10US$ 2515 -66.2 -2.0 JSH 3098 -66.2 -1.7 JMH 5058 -53.4 -0.8 UOB 1897 -43.0 -2.2 DBXT MSJAP 10US$ 3583 -38.2120 words
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Page 6 Advertisements
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Advertisement26 2012-07-10 6 THE BUSINESS TIMES Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use.26 words
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Advertisement200 2012-07-10 7 s Foreign Investment Law SInvestment For Land S Legal Aspects S Investment Update •S Foreign Exchange Opportunities Urban Redevelopment Telecommunication Shipyard/Ship Building Hotel Tourism Oil Gas Port Development Trade policy Property Developments: Investment 6 th Myanmar Business Conference 2012 Hear From Officials 16 17 JULY 2012, Orchard Hotel, Singapore Conference200 words
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SINGAPORE NEWS
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YESTERDAY IN PARLIAMENT
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685 2012-07-10 8 GRACE LEONG - Discretion subject to certain strict criteria in drug trafficking and murder cases By GRACE LEONG THE mandatory death penalty will continue to be an important part of Singapore’s criminal justice system, but it could now be at the discretion of the courts when685 words
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Article, Illustration440 2012-07-10 8 LEE U-WEN - Shamugam: Bilateral ties with KL not hit by baseless claims By LEE U-WEN DESPITE allegations that Singaporean diplomats took part in a major electoral reforms rally in Kuala Lumpur in April, ties between Singapore and Malaysia remain strong and will not be affected in anyBLOOMBERG - 440 words
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Article, Illustration592 2012-07-10 8 SAMUEL EE - By SAMUEL EE THE first of the 800 buses under the $1.1 billion Bus Services Enhancement Programme (BSEP) will hit the roads in September, Transport Minister Lui Tuck Yew told Parliament yesterday. Around 250 buses are expected to be added over theFILE PHOTO - 592 words
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PARLIAMENT BRIEFS
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63 2012-07-10 8 THE first order of business for yesterday’s Parliament sitting saw Png Eng Huat of the opposition Workers’ Party officially sworn in as the Member of Parliament for the single ward of Hougang, six weeks after he defeated the People’s Action Party’s Desmond63 words
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67 2012-07-10 8 THE amount of government funds set aside this year for public service broadcast (PSB) programmes is $110 million, the same amount as in 2011. This is despite the abolishment of TV and radio licence fees in February 2011, which were used to fund PSB content.67 words
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74 2012-07-10 8 LEE U-WEN - Compiled by LEE U-WEN THE names of 150,729 voters were struck off the register of electors for not voting in last year’s general election. This number is more than twice the 72,881 non-voters at the 2006 polls. Deputy Prime Minister Teo Chee74 words
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Article, Illustration458 2012-07-10 8 MALMINDERJIT SINGH - By MALMINDERJIT SINGH A SINGAPORE-BASED private education provider received an investment of S$25 million from the International Finance Corporation (IFC), a member of the World Bank Group, yesterday to increase access to quality education in Asia. This long-term loan to the458 words
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441 2012-07-10 8 GRACE LEONG - By GRACE LEONG TEN more men out of a group of 48 charged with paying for sex with an underage prostitute have claimed trial. The 10 men, who were represented by Subhas Anandan of RHTLaw Taylor Wessing LLP at their criminal441 words
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Article, Illustration336 2012-07-10 8 GRACE LEONG - By GRACE LEONG LUCIEN Wong, current managing partner of Allen Gledhill LLP, will assume a new role as its chairman and senior partner with effect from Aug 1. Taking over as managing partner is Lee Kim Shin, current co-head of the law firm’s corporate336 words
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SME Inc
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Article, Illustration1268 2012-07-10 9 reportsLIM WEI SHENG - SBI Offshore sees big opportunity amid a spectacular boom in offshore industry in the last couple of years, reports LIM WEI SHENG SMALL CAPS reportsLIM reportsLIM WEI SHENG THE spectacular offshore industry boom in the last two years, buoyed by high oil prices and massiveYEN MENGJIIN - 1,268 words
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Article901 2012-07-10 9 ERIC TACHIBANA - The quickest road to success is to possess an attitude towards failure of ‘no fear’, says author Ralph Heath COMMENTARY By ERIC TACHIBANA The writer is an adjunct associate professor in the Department of Strategy and Policy at NUS Business School This article was901 words
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Page 9 Advertisements
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Advertisement138 2012-07-10 9 HAVE an interesting story on an SME to share? Drop us a note on why you think the company should be featured in our weekly SME INC pages, with details such as how much the company has grown and its expansion plans. Send your e-mail to Felda Chay at feldac@sph.com.sg138 words
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PRODUCTIVITY MATTERS
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Article, Illustration1722 2012-07-10 10 reportsTEH SHI NING - There are many government programmes and incentives to help the precision engineering sector achieve global competitiveness and move beyond its role as a supplier, reports TEH SHI NING PRECISION ENGINEERING reportsTEH reportsTEH SHI NING THE precision engineering sector is rarely in the spotlight, but the sectorFILE PHOTO; Source: EDB-RSU Census of Manufacturing Activities; Source: EDB, RSD, EU KLEMS Database, Nov 2009; Source: Department of Statistics, 2010 - 1,722 words
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Article658 2012-07-10 10 Schemes for all sectors: FUNDING WORK PROCESSES IMPROVEMENT WORKFORCE DEVELOPMENT LEGEND SCHEME WHAT YOU GET WHO TO CONTACT Productivity and Innovation Credit (PIC) Inclusive Growth Programme (IGP) iSPRINT SME Management Action for Results (SMART) Initiative Innovation and Capability Voucher Scheme (ICV) Businesses can enjoy 400% tax deduction658 words
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Article, Illustration573 2012-07-10 11 TEH SHI NING - By TEH SHI NING IT is a case of the more the merrier when it comes to developing new technology for industry use, some precision engineering firms here have found. As part of a consortium of local SMEs keen to raise the efficiency of their573 words
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Page 11 Advertisements
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Advertisement856 2012-07-10 11 THE POWER OF EFFECTIVE BRANDING, SELLING THINKING STRATEGIES Who should attend: Senior Management and Professionals in Brand Management, Public Relations Advertising, Sales Marketing, Business Development, Entrepreneurs and individuals looking to market and brand their identity FULL-DAY WORKSHOPS Critical Thinking Sun Tzu’s Art of War Style FULL-DAY SEMINAR Register at www.stjobs.sg/seminars856 words
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ECONOMY WATCH
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Article, Illustration520 2012-07-10 12 Trade surplus increases to 15.3b euros from 14.5b euros in April Bloomberg [FRANKFURT] German exports rebounded more than economists forecast in May, helping Europe’s largest economy to weather the sovereign debt crisis. Exports, adjusted for work days and seasonal changes, jumped 3.9 perBloomberg; AFP FILE PHOTO - 520 words
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Article, Illustration693 2012-07-10 12 Bloomberg [PARIS] French President Francois Hollande was urged by business leaders to give Europe’s sec-ond-largest economy a “competitiveness shock” to pull it out of its morass. As Mr Hollande brings labour representatives and company executives together for a “social summit” later yesterday, reducing theBloomberg - 693 words
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456 2012-07-10 12 Bloomberg [SINGAPORE] Goldman Sachs Group and Bank of America say a weak-er-than-forecast June jobs gain in the US will lead the Federal Reserve to keep its benchmark interest rate at almost zero until mid-2015. The Fed, which has pledged to hold the rateBloomberg - 456 words
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419 2012-07-10 12 Reuters [NEW YORK] American employers are keeping their fingers crossed that politicians will steer away from a “fiscal cliff” of major tax hikes and spending cuts in early 2013, and, so far at least, have not gone back to a defensiveReuters - 419 words
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Page 12 Advertisements
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Advertisement2081 2012-07-10 12 WATS NOTICES YOMA STRATEGIC HOLDINGS LTD. YOMA STRATEGIC HOLDINGS LTD. (Incorporated in the Republic of Singapore) (Co. Reg. No: *****0185E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of YOMA STRATEGIC HOLDINGS LTD. (the “Company”) will be held at Banquet Suite, Level 10, M2,081 words
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MALAYSIA/INDONESIA
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587 2012-07-10 13 Potential buyers attracted by ability to sell policies to CIMB’s customers Reuters [SINGAPORE] Prudential p l c a n d M a n u l i f e a r e among four potential buyers that have made it through to a secondReuters - 587 words
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613 2012-07-10 13 Reuters [HONG KONG] Indonesian property firm PT Lippo Karawaci may sell as much as 49 per cent of unit Siloam Hospitals, drawing a slew of private equity firms to the sale as they bet on rapid growth in healthcare spending in South-east Asia’s biggest economy,Reuters - 613 words
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Article, Illustration468 2012-07-10 13 Bloomberg [JAKARTA] Refined tin shipments from Indonesia, the largest exporter, probably dropped to the lowest level in five months in June as miners reduced production because of lower prices and bad weather disrupted ore supplies to smelters. Exports fell 7.2 perBloomberg; BLOOMBERG - 468 words
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Page 13 Advertisements
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Advertisement3087 2012-07-10 13 CSC HOLDINGS LIMITED Company Registration No. *****7845E (Incorporated in the Republic of Singapore) Notice of 15thAnnual General Meeting NOTICE IS HEREBY GIVEN that the 15th Annual General Meeting of CSC Holdings Limited (the “Company”) will be held at 4th Floor, No. 2 Tanjong Penjuru Crescent, Singapore *****8 on Wednesday, 253,087 words
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GREATER CHINA/INDIA
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Article, Illustration774 2012-07-10 14 Carmaker aims to make vehicles with automatic transmission Bloomberg [MUMBAI] Tata Motors Ltd, maker of the world’s cheapest car, is turning to China to buy car parts unavailable in India as it seeks to offer vehicles with automatic transmission at home, chairman RatanBloomberg; REUTERS - 774 words
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Article, Illustration720 2012-07-10 14 For first time, Yiwu prosperity index shows contraction Reuters [YIWU, China] Christmas comes but once a year for Leo Ho, who runs a factory that makes plastic Christmas trees in Yiwu, China’s export capital for novelty knick-knacks, it comes in July, whenReuters; REUTERS - 720 words
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507 2012-07-10 14 Xinhua [WELLINGTON] China’s auspicious Year of the Dragon has proved particularly fortuitous for New Zealand’s forestry industry as a Chinese baby boom fuels demand for high-quality knot-free wood, according to an industry leader. And it’s teaching New Zealand businesses a valuable lesson in whyXinhua - 507 words
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Page 14 Advertisements
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Advertisement1898 2012-07-10 14 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices mi MEGHMANI ORGANICS LIMITED NOTICE OF MEETING NOTICE IS hereby given that Eighteenth Annual General Meeting of the Members of Meghmani Organics Limited (the “Company”) will be held on Monday, 30th July, 2012 at 9.30. a.m. at H T Parekh Convention Center,1,898 words
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Advertisement564 2012-07-10 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HAUT ESPOIR CONSULTING PTE. LTD. (Company No. *****5644M) (In Members' Voluntary Liquidation) At the Extraordinary General Meeting of the above-named Company deemed to be held on 10 July 2012 the following resolutions were duly passed as:SPECIAL564 words
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WORLD
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Article, Illustration811 2012-07-10 15 Card business may be a bright spot in an otherwise rough Q2 for big banks Reuters [NEW YORK] US credit card delinquencies have fallen to their lowest levels in at least two decades, baffling banks that expected consumer credit qualityReuters; BLOOMBERG - 811 words
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Article, Illustration500 2012-07-10 16 Bloomberg Reuters [LONDON] Bank of England deputy governor Paul Tucker denied having been asked for Barclays plc to lowball its Libor submissions, as he testified on the Libor scandal that cost Barclays’s top three managers their jobs and cast doubt on his prospectsBloomberg; Reuters; BLOOMBERG - 500 words
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658 2012-07-10 16 Eurozone ministers will push back debt goals after Madrid presents savings measures: diplomats Reuters [BRUSSELS] Europe will grant Spain an extra year to reach its deficit targets after it outlines further budget savings to finance ministers meeting in Brussels, diplomats said yesterday.Reuters - 658 words
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449 2012-07-10 16 KENNETH FOO - By KENNETH FOO [SINGAPORE] Singapore companies should invest to meet Myanmar’s immediate economic needs in “low risk” sectors such as tourism and telecommunications, rather than wait for fresh reforms. This was the view of business leaders and country experts at a449 words
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609 2012-07-10 16 ANTHONY ROWLEY - Nation’s current account surplus slumps by 63% By ANTHONY ROWLEY in Tokyo INTERNATIONAL Monetary Fund (IMF) managing director Christine Lagarde’s warning in Tokyo last week that Asia is not “immune” to the impact of the eurozone crisis was borne out yesterday609 words
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Article, Illustration835 2012-07-10 18 Tax model puts the Nordic region in a better position to ward off contagion Bloomberg [OSLO] Nordic taxes, the world’s highest and most rigorously upheld, were maligned in the boom years as being anti-business. Now, they’re part of the reason why Sweden and DenmarkBloomberg; AFP - 835 words
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548 2012-07-10 18 Reuters [MANAMA] Bahrain’s ambitious economic reform programme is still on track, the head of the country’s sovereign wealth fund Mumtalakat said recently, despite a year of turmoil in the Gulf Arab state as the monarchy tackles a prodemocracy protest movement. Mahmood Al-Kooheji saidReuters - 548 words
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Article, Illustration1049 2012-07-10 19 They ask election panel to clarify liability and regulatory issues Reuters [WASHINGTON] Wireless carriers are balking at US regulators’ move to allow political donations by text message, a plan that could reshape the nation’s campaign finance system by giving cellphone users theReuters; BLOOMBERG - 1,049 words
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Article, Illustration985 2012-07-10 19 Concerns rise about vested interests and media power mix Reuters [SYDNEY] When Australian mining mogul Gina Rinehart, one of the world’s richest women, flew to Cambodia to meet former trafficked children whose education she was financing, she was showing a littleknownReuters; BLOOMBERG - 985 words
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609 2012-07-10 20 Move comes amid growing speculation financial turmoil will increase their value Bloomerg [NEW YORK] Wall Street banks are increasingly choosing to hoard their US bonds rather than sell them to the Federal Reserve as speculation grows that a slowing economy andBloomerg - 609 words
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454 2012-07-10 20 Bloomberg [NEW YORK] Wall Street employees, who dispense financial advice to individuals and companies, aren’t following a basic investing tenet with their own money: diversification. Workers at the five largest Wall Street banks saw the value of company stock in their 401Bloomberg - 454 words
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Article, Illustration689 2012-07-10 20 Reuters [BANGKOK] The US Federal Reserve should loosen policy further with a new round of bond purchases as a way to bring down unemployment, even at the risk of driving inflation temporarily higher, one of the Fed’s most dovish policymakers said yesterday. “AdditionalReuters - 689 words
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Page 15 Advertisements
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Advertisement1279 2012-07-10 15 v WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices FABCHEM CHINA LIMITED (Incorporated in the Republic of Singapore on 12 October 2004) (Company Registration Number: *****3128G) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of FABCHEM CHINA LIMITED will be held at 39 Fishery1,279 words
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Advertisement1643 2012-07-10 15 JK TECH HOLDINGS LIMITED (Company Registration No.: *****0813H) (Incorporated in the Republic of Singapore on 28 October 2003) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of JK Tech Holdings Limited (the “Company”) will be held at 61, Kaki Bukit Avenue 1, #02-13 Shun1,643 words
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Page 16 Advertisements
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Advertisement1504 2012-07-10 16 BgATa NOTICES Toll free 1800-289-8822 Email notices@sph,com.sg www.cats.com.sg/notices (Company Registration No. *****0445D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of the Company will be held at 10 Ubi Crescent, #02-07 Ubi Techpark Lobby A, Singapore *****41,504 words
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Page 17 Advertisements
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Advertisement9 2012-07-10 17 Final Call 45 Don’t miss the concert this Sunday9 words
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Page 18 Advertisements
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Advertisement201 2012-07-10 18 Join more than 40,000 users to find your ideal job on the go. DOWNLOAD NOW *Source: iTunes Connect, June 2012 .1 Logi Register Search Keyword: Marketing Manager Job Function: (All selected) All Job Functions Find My Job! VtZ P I Mana 9 erial I Hot Jobs x Q m Search201 words
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Page 19 Advertisements
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Advertisement431 2012-07-10 19 Win round-the-world travel tickets for 2 Simply access our global trading tools to trade in foreign markets, futures, forex or take up multicurrency share financing and start accumulating your lucky draw chances.* With OCBC Securities, you can trade globally with confidence. Contact your Trading Representative, call our hotline at 1800431 words
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Page 20 Advertisements
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Advertisement63 2012-07-10 20 J N. i ri\ 5«@E ...<,*«■" C<s s :Ss; si 1 HH® 8 s Published from Monday to Saturday. Watch out for exciting activities Singapore Prestige Brand Award 2012 (July December) Lianhe Zaobao Penetrating Greater China CEO Forum (16 August) Competitive marketplace. Battle-ready SMEs. Winning strategies. Get a sharp perspective63 words
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AVIATION/SHIPPING
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Article, Illustration679 2012-07-10 21 Reuters [FARNBOROUGH, England] Airbus will be looking for a long-awaited new order for its A350-1000 mini-jumbo at this week’s Farnborough Airshow, with Hong Kong’s Cathay Pacific tipped as most likely to end a threeyear order drought, industry sources said. Cathay Pacific has 36Reuters; BLOOMBERG - 679 words
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Article, Illustration451 2012-07-10 21 Reuters [SINGAPORE] Denmark’s Maersk Drilling will invest up to US$8 billion to buy at least seven new oil rigs by 2017, undeterred by waning global energy demand and a 20 per cent drop in crude prices in the last four months,Reuters; MAERSK - 451 words
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Article251 2012-07-10 21 SGX '000 Jul 9 S$ +/-Vol CH Offshore 0.42 unch 225 Chuan Hup Hldg 0.23 -0.01 133 Cosco Corp 1.02 -0.04 5045 s$ First Ship Lea 0.17 unch 354 Freight Links 0.07 unch 892 Grand Banks 0.18 unch 25 Jaya Hold Ltd 0.58 unch 345 K1Ventures 0.13 unch251 words
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393 2012-07-10 21 Bloomberg [SHANGHAI] Shanghai International Port (Group) Co, operator of the world’s busiest harbour, plans to start a cruise line to pare reliance on overseas operators and secure traffic at its passenger terminal. Talks are on with cruise line operators to form aBloomberg - 393 words
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596 2012-07-10 21 NYT [LONDON] The new head of Boeing’s commercial jet business said on Sunday that he was not worried about losing American customers to Airbus, after the European company’s decision to build its first factory in the US. “I don’t think our customers reallyNYT - 596 words
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Page 21 Advertisements
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Advertisement13 2012-07-10 21 0.!# 4$265(($9 COE SYSTEM MAKES PC2; "iy go* i PM9.50 (580 0.! 99713 words
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Page 21 Miscellaneous
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Miscellaneous325 2012-07-10 21 CRYPTIC CROSSWORD Across 1 Undergarments? Everything’s revealed when they’re pulled from chest (7) 5 Company dutiful for rich (7) 9 Compiler’s getting stick about hobby (7) 10 Model bird going after caress (7) 11 Release cut including return of Queen, right? (9) 12 Burn for wickedness with gruesome ends (5)325 words
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EDITORIAL & OPINION
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460 2012-07-10 22 EDITORIAL SUMMER may be the only thing that’s burning hot in India right now as interest in a lot else about the emerging Asian giant seems to have cooled off. The country that was not too long ago heralded as a potential economic superpower460 words
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Article, Illustration878 2012-07-10 22 DAVID MASON - 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. E-mail: david.mason466@btinternet.co THE878 words
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Article, Illustration944 2012-07-10 22 LEON HADAR - Job numbers effect on US polls is murky Low employment figures may not necessarily affect Obama’s re-election chances LEON HADAR Washington Correspondent THERE is no doubt that US President Barack Obama and his re-election campaign aides would have liked to see Friday’s job numbers showing that the American economy hadAFP - 944 words
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Article, Illustration1211 2012-07-10 23 FERMIN DIEZ, SHAI GANU - Corporate governance works more effectively when it is principles based, rather than when it is legislated By FERMIN DIEZ, SHAI GANU Fermin Diez is senior partner and Asia-Pacific business leader, Human Capital Consulting at Mercer. Shai Ganu is principal, Human Capital Consulting at Mercer INAFP - 1,211 words
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Article, Illustration912 2012-07-10 23 PASCAL LAMY - By PASCAL LAMY The writer is director general of the World Trade Organisation IHT WHENEVER I travel around the globe these days, I am asked how is it that Greece a tiny economy can have such a huge impact onIHT - 912 words
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1968 2012-07-10 24 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 Destination STXPO TBN1,968 words
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Page 24 Advertisements
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Advertisement17 2012-07-10 24 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? II17 words
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Advertisement27 2012-07-10 24 Experienced sh/p maintenance find your services services wanted, heremthe Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 The Business Times III. UUJII1LJJ IIIVILJ Shipping Times27 words
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SINGAPORE STOCKS
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Article2592 2012-07-10 25 Transaction date: Jul 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 Last Vol Day Last Quote Div Gr Yld 125 92.5 AIMSAMPIReit 125 unch 379 125 124 124.5 125 6.7 122,592 words
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Article163 2012-07-10 26 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 ('000) Day High ,ow Last Quote Suyer Seller Div Gr Yld Net M Cap C'vr P/E Smil 34 12.1 t163 words
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Article8146 2012-07-10 26 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 0.96/ Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond .0 9544/ Global Emerging Markets!**8,146 words
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Article189 2012-07-10 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 46 25.5 Genting HK US$ US32 unch 3064 32 31.5 31.5 32 2107 Last 220 168 TanChongInt HK194 192 216 4.3 3.6 6.5 3907 STOCK PRICES189 words
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Article936 2012-07-10 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 113 ABF SG Bond ETF 123 +3 41 123 121.7 118 123 561.5 122.4 122.2 CIMB APAC Div 100S$D 122.2 127.2 128.2 103 95.8 CIMB936 words
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FINANCE & COMMODITIES
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Article617 2012-07-10 27 Jul 9 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8922.99 8954.44 8892.17 Sep12 9015.00 9035.00 8880.00 8890.00 ***** *****3 Dec12 8875.00 8875.00 8870.00 8830.00 9 8623 MSCI TAIWAN INDEX FUTURES SPOT 260.33 260.33 258.72 Jul12 258.20 258.50 255.40 256.40 ***** *****5 Aug12 255.30 255.30617 words
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373 2012-07-10 27 In local curr In S$ In US$ dy yr dy yr dy yr Jul 6 Index Change Change Change Change Change Change World Preliminary 870.6 -1.1 4.9 -0.6 1.8 -1.2 3.8 EAFE Preliminary 701.2 -0.8 2.8 -0.5 -1.8 -1.1 0.1 Europe Preliminary 1040.2 -1.1 1.3373 words
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Article, Illustration149 2012-07-10 27 As on 6 July 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT AUG2012 1601.00 1593.30 1579.00 17 INDIA GOLD (E-GOLD) FUT AUG2012 536.00 526.25 531.40 899 CURRENCY EUR-USD FUT SEP2012 1.2412 1.2312 1.2277 3373 BASE METAL COPPER FUT SEP2012 7693 7529149 words
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Article107 2012-07-10 27 Jul 6 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 12 1619.75 1626.50 1634.75 1605.00 Aug 12 1567.75 1583.00 1583.00 1561.75 Sep 12 1532.00 1551.50 1549.50 1530.50 Nov 12 1505.75 1526.50 1526.00 1504.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 12 53.27107 words
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Article70 2012-07-10 27 CRUDE OIL PRODUCTS Jul 6 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 98.00 -2.97 WTI (Near Mth) 84.25 -2.69 Dubai (1-Mth F) 96.66 -1.82 Tapis blend 102.89 -1.25 Minas 106.14 -1.25 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 89.56 0.78 Jet Kerosene 115.47 0.08 US$/barrel OpecOil Basket70 words
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Article22 2012-07-10 27 Jul 9 S$ Bid Offer 1-month 1.2721 1.2730 2-months 1.2721 1.2730 3-months 1.2719 1.2729 6-months 1.2710 1.2720 Source: OCBC22 words
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Article64 2012-07-10 27 Jul 6 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1863.25 1909.75 3 months 1896.00 1943.00 Copper, Grade A(US$/tonne) Cash 7534.50 7699.50 3 months 7531.00 7695.00 Lead(US$/tonne) Cash 1847.00 1876.00 3 months 1860.00 1887.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months *****.0064 words
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Article80 2012-07-10 27 Jul 6 COCOA (£/tonne) Close Prev High/Low Jul 12 1604 1637 1631/1585 Sep 12 1568 1597 1594/1545 Dec 12 1548 1572 1569/1525 Mar 13 1525 1545 1544/1497 COFFEE(US$/tonne) Close Prev High/Low Jul 12 2044 2065 2087/2040 Sep 12 2045 2099 2095/2041 Nov 12 2049 2104 2096/2046 Jan 13 203780 words
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1145 2012-07-10 27 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 4 1 146 369 8.00 22 Conv Ratio Baker Technology Ltd W*****6 0.8 0.2 46 1 32 8 38.13 4 BakerTech W*****5 5.3 unch 1076 1 27 61,145 words
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Article470 2012-07-10 27 Jul 9 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.038 6.478 0.827 7.883 56.950 95.992 0.810 11.611 3.241 1.280 95.362 42.657 1.294 8.409 0.994 30.454 32.313 0.657 1.017 Canada 0.964 6.244470 words
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Article56 2012-07-10 27 Jul 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$) 3 mths 0.***** 0.***** 0.***** SWAP Mid rates (S$) 0.***** SWAP Mid rates (S$) 1 yr 0.*****56 words
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Article136 2012-07-10 27 GOLD(US$/oz) Jul 06 Jul 09 Hong Kong 1602.00 1592.00 Jul 09 Jul 05 Jul 06 London 1608.40 1586.74 1609.20 1587.96 Source: Thomson Reuters CAST BAR Jul 09 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 156 65 5gm 442 323 10gm 789 647136 words
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Article90 2012-07-10 27 Jul 9 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 11-Oct-12 0.26 6-Month BS*****F 10-Jan-13 0.26 1-Year BY*****T 02-May-13 0.26 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-14 100.13 5-Year N*****0Z 2.375 01-Apr-17 109.3490 words
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Article57 2012-07-10 27 Jul 9 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 12 3121.0 3094.0 3129.0 3125.0 92 2013 Aug 12 3135.0 3110.0 3152.0 3130.0 490 ***** Sep 12 3150.0 3130.0 3172.0 3145.0 ***** ***** Oct 12 3154.0 3133.057 words
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Article154 2012-07-10 27 Jul 9 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2926 1.2948 1.0161 1.0171 Canadian dollar 1.2462 1.2475 0.9800 0.9796 Euro 1.5629 1.5643 1.2286 1.2288 NZ dollar 1.0098 1.0111 0.7938 0.7943 Sterling pound 1.9688 1.9706 1.5477 1.5480154 words
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Article121 2012-07-10 27 As at 9am Jul 09 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.328 1.265 Can dollar 1.276 1.216 Euro 1.599 1.523 Sterling pound 2.006 1.929 NZ dollar 1.042 0.993 US dollar 1.291 1.242 Local dollars to 100 units of foreign121 words
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Article154 2012-07-10 27 Jul 9 $S Offer Bid 0vernight 0.01 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.02 US$ Offer Bid 7 days 0.25 0.15 1 month 0.40 0.20 2 months 0.45 0.25 3 months 0.55 0.45 6 months 0.85 0.65 9 months 1.00 0.80 12154 words
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PROPERTY
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Article, Illustration353 2012-07-10 28 FELDA CHAY - Everton Rd freehold condo dips price to $273-300m from $302-308m in Jan By FELDA CHAY FREEHOLD condominium development Asia Gardens is up for sale again, and owners are setting their sights a little lower by asking for between $273.2 million and $300.3353 words
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Article, Illustration790 2012-07-10 28 They are snapping up flats that bankers used to occupy Reuters [LONDON] Floor-to-ceiling windows, chairs by French designer Philippe Starck, four-poster beds and a short walk from the Louis Vuitton store on London’s Bond Street. These are no ordinary student digs. Apartments forReuters; BLOOMBERG - 790 words
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332 2012-07-10 28 Bloomberg [SHANGHAI] China’s property shares rose yesterday to the highest in a year after inflation eased to a 29-month low, prompting investor optimism that Premier Wen Jiabao will relax economic policies to boost growth. The gauge tracking developers on the Shanghai Composite Index rose forBloomberg - 332 words
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Article, Illustration889 2012-07-10 29 KALPANA RASHIWALA - CBRE figures show 473,200 sq ft net increase in demand in Q2, taking H1 tally to 1.06m sq ft By KALPANA RASHIWALA DEMAND in Singapore’s office market has been a lot more resilient than earlier thought, with positive net office absorption of aboutSource: CBRE - 889 words
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Article, Illustration190 2012-07-10 29 It’ll develop 1.92 ha biz park; completion slated for 2014 ASCENDAS Land (Singapore) Pte Ltd has been awarded a tender worth $172.78 million for Fusionopolis Phase 5 by industrial infrastructure giant JTC Corporation (JTC). Bidding for the tender began on Dec 16, 2011 and190 words
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274 2012-07-10 29 FRASERS Hospitality, the serviced residence arm of conglomerate Fraser Neave, has received 15 international travel and industry awards in six months for outstanding achievements in service excellence and management. The group snapped up a slew of awards for properties located in the Middle274 words
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Page 28 Advertisements
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Advertisement338 2012-07-10 28 Singapore Flyer Raffles Place/CBD I 81 1 S« 3i Chinatown PRIME HIGH RISE REDEVELOPMENT SITE LANDMARKTOWER Contact: CBRE Pte. Ltd. Investment Properties Galven Tan Sammi Lim Tel: 6224 8181 (CEA Reg No.: R*****1F) (CEA Reg No.: R*****9J) 6 Battery Road #32-01 Singapore *****9 Site area 5,650.5 sqm approximately 60,821 sq338 words
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Advertisement113 2012-07-10 28 PRIME DISTRICT 19 REDEVELOPMENT SITE FOR SALE BY PUBLIC TENDER Site area 7,568.6 sqm approximately 81,467 sq ft Regularly shaped site Elevated Masterplan zoning “Residential” Plot Ratio 1.4 Height control 5 storeys 103 year tenure Tender Closing Date: 15 August 2012 at 3pm, Wednesday CERE Pte. Ltd. Investment Properties Galven113 words
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Advertisement26 2012-07-10 28 ’4- tk Lianhe Zaobao Politics and public opinion stand in the way of Taiwan's Matsu casino resort KSS To subscribe, call 6388-3838 or go to sphsubscriptlon.com.sg26 words
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Page 29 Advertisements
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Advertisement90 2012-07-10 29 Australian Property Finance Have you recently bought an Australian property and need a loan to complete the transaction? Already own and want to ensure you have the best loan? CONTACT SPECIALIST MORTGAGE HERE IN SINGAPORE FOR FREE IMPARTIAL ADVICE TO REVIEW ALL OF YOUR OPTIONS. Web www.smats.net Email smats@smats.net 1090 words
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Advertisement129 2012-07-10 29 RESIDENTIAL SITE NOVENA Estate Agency Licence No: L*****33E Ultra Mansion, Derbyshire Road Located in Prime District 11, Novena (Freehold) Site Area 4,228.25 sqm 45,512 sq ft MP 2008 Zoning Residential Plot Ratio 2.8, Potential GFA 140,180 sqft Minimum DC 500m to Novena MRT station Proximity to World-Class Medical Hub IRRAWADY129 words
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Advertisement183 2012-07-10 29 FOR SALE BY TENDER CITY FRINGE FREEHOLD LANDED FACTORY KALLANG RIVER Land Size 3,243.5 sqm (34,912.7 sqft approx) MP 2008 Industrial Business 1 Use with GPR of 2.5 Ideal to Redevelop as Corporate HQ or High Tech Light Industrial Building Prominent Location With Two SidesAdjoined to Roads Approximate 470m and183 words
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Page 30 Advertisements
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Advertisement122 2012-07-10 30 I V id II "II ;n; mi A A 7. y M r -5 L W \\\\v A smart idea in one city can make any city smarter. While every one is unique, many face similar challenges. IBM experts are teaming up with citizens and civic leaders on over 2,000122 words
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