The Business Times, 8 July 2013

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Total Pages: 32
1 32 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Monday, July 8, 2013
    25 words
  • 909 1  -  Leaders, central bankers hint at easing austerity measures and monetary policies By in NEIL BEHRMANN in London EUROPEAN leaders and central banks signalled that they will relax austerity and boost money supply to stem the rising tide of unemployment. The signals came from
    PHOTO: REUTERS  -  909 words
  • MARKETS DIGEST
    • 57 1 Weekly Change ST INDEX 3,169.73 +19.29 KL COMP 1,772.27 -1.27 NIKKEI 225 14,309.97 +632.65 HANG SENG 20,854.67 +51.38 SET INDEX 1,441.33 -10.57 JAKARTA COMP 4,602.81 -216.09 MANILA COMP 6,500.48 +35.20 SEOUL COMP 1,833.31 -30.01 SHENZHEN B 772.67 -3.27 MUMBAI IND 19,495.82 +100.01 DOW 15,135.84 +226.24 NASDAQ 3,479.38 +76.13 S&P
      57 words
    • 23 1 For breaking news, go to businesstimes.com.sg. For personal finance stories, go to btinvest.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838.
      23 words
    • 21 1 SINGAPORE MALAYSIA HONG KONG HONG KONG 6.55 5.00 INDONESIA 13.355 TAIWAN 5.036 JAPAN CANADA KOREA 9.33 BRITAIN Source: Bloomberg
      21 words
    • 49 1 US$ S$ US$ (S$ per US$) 1.277 (US$/S$ per 1.501 1.917 EURO (US$/S$/E) 1.289 1.646 Foreign currency per US$ S$ YEN 100.30 78.50 RM 3.189 2.496 HK$ 7.754 6.071 BAHT 31.16 24.39 RUPIAH 9,943 7,785 RENMINBI 6.133 4.802 INDIAN RUPEE 60.47 47.35 A$ 1.091 0.855 NZ$ 1.278 1.001
      49 words
  • 629 1  -  Manufacturing recovery likely to anchor rebound in S’pore’s Q2 GDP By TEH SHI NING [SINGAPORE] Unexpectedly strong manufacturing growth in April and May has led economists to expect a larger rebound in Singapore’s gross domestic product (GDP) when the Ministry of Trade
    629 words
  • Page 1 Advertisements
    • 213 1 DINING OUT Gordon Ramsay’s hawker challenge PAGES 3 26 JAPANESE BANKING MUFG’s bid for Ayudhya Bank sets many firsts PAGE 2 CYBERCRIME Trackable humans keep S’pore CSI team busy PAGE 3 VIEWS FROM THE TOP Handling volatility PAGES 10-11 KAZAKHSTAN: EXPO 2017 Showcasing Astana’s promise PAGES 16-17 *****1 *****4 A
      213 words
    • 11 1 FUTURECHINA FORUM The real China dream: rebuilding govt credibility PAGES 22-25
      11 words

  • TOP STORIES
  • Page 2 Advertisements
    • 279 2 Master the next level, widen my perspective. It’s my choice. JaSji :suv At Kaplan, we believe you should master the right knowledge to succeed. That’s why we partner with Murdoch University to offer you quality postgraduate programmes to broaden your horizons. So choose Kaplan today and steer your career towards
      279 words
    • 58 2 TOP STORIES, PAGE 3 FRONT PAGE COMPANY NEWS, PAGE 4 FRONT PAGE SINGAPORE NEWS, PAGE 8 TOP STORIES, PAGE 2 MALAYSIA NEWS, PAGE 12 TOP STORIES, PAGE 2 GREATER CHINA/INDIA, PAGE 15 TOP STORIES, PAGE 3 SHIPPING/AVIATION, PAGE 21 The best pure-play private bank in Asia EFG 0 Bank Asiamoney
      58 words

  • Page 3 Advertisements
    • 203 3 How good was Gordon Ramsay’s hawker food? Jaime Ee reviews his cooking on Page 26 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements I DB Platinum DON'T TRADE UNTIL YOU KNOW THIS Join Conrad Alvin Lim in an evening of mind-blowing truth and
      203 words

  • COMPANY NEWS
    • 629 4 COMPANY MEETING PLACE DATE TIME We Holdings E 10 Ubi Crescent Ubi Techpark Lobby A Level 2 08-Jul 10.00am Far East Orchard A Antica 1 Level 2 Orchard Parade Hotel 1 Tanglin Road 09-Jul 2.30pm ISDN Holdings E 12 Kallang Way #02-02 Nova Building 11-Jul 9.30am XMH Holdings
      629 words
    • 793 4  -  Health, agriculture expected to emerge as hot growth areas for Asia-Pac M&A By MICHELLE QUAH LATEST data on mergers and acquisitions (M&A) activity in the Asia-Pacific is pointing to an interesting new development namely, that the increase in the number of deals in
      PHOTO: BLOOMBERG  -  793 words
    • 294 4 Jul 5 BANKS Agricultural Bank Of China Agricultural Bank Of China ...5.50 Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited Bangkok Bank Public Co. Ltd.... Bank of Communications 5.50 Bank of East Asia ...5.50 Bank of Communications ...5.50 Bank of Tokyo-Mitsubishi ...5.75 Banque Internationale a
      294 words
    • 2114 7 INSIDE MARKETS The writer is managing director, Asia Insider Ltd By ROBERT HALILI PURCHASE activity by directors plunged after three weeks of heavy buying with 10 companies that recorded 22 purchases worth $9.9 million, based on Singapore Exchange filings in the first week
      2,114 words
  • Page 4 Advertisements
    • 61 4 HOmB >ECOR SINGAPORE'S NO.1 INTERIOR DESIGN MAGAZINE PRESENTS THE LATEST IN LAMINATES, y Coverings tiles 9 INSPIRING RENO PROJECTS 2013 HOmE&DECOR RENQ HOTTEST S'DESIGN J A 4 E cS"now‘- > space planning for kitchens, bathrooms and walk-in wardrobes > latest furniture and lighting trends > laminates, tiles, wallcoverings and more!
      61 words
    • 31 4 sgCa.rMa.rt (§)UOTZ Selling Made Simpler SELL YOUR CAR BY BIDDING HIGHEST PRICE GUARANTEED Online bidding by over 300 used car dealers! Call us now fora FREE Car Valuation 6744 7571 www.quotz.com.sg
      31 words
    • 172 4 One of the LARGEST Investment Fairs in Town! Discover the Wealth Of Investment Opportunities! EVENT HIGHLIGHTS Panel Discussion on Market Outlook (In English and Mandarin) Over 40 FREE Investment Seminars Attend Educational Workshops by International Investment Gurus Keynote Presentations by Popular Investment Speakers Dr. Alexander Elder Best-selling Author Panel Discussion
      172 words

  • Page 5 Advertisements
    • 258 5 INTERNATIONAL HEALTHWAY CORPORATION LIMITED (Company Registration No.: *****4341E) (Incorporated in the Republic of Singapore on 18 February 2013) IHC to debut on Catalist, SGX-ST at 9.00 am Today, 8 July 2013 IHC is the largest company, by market capitalisation, to be listed on Catalist to date with an IPO market
      258 words

  • SINGAPORE MARKETS
    • 705 6  -  STOCKS R SIVANITHY Senior Correspondent FRIDAY’S US jobs report aside, our guess is that markets should continue this week along the same lines as they have for many months now, almost wholly reliant on central bank stimulus for upside movements but vulnerable on the
      705 words
    • 676 6 CURRENCIES Bloomberg [NEW YORK] The US dollar last week rallied to its strongest level in almost three years as data signalled that the world’s biggest economy is improving, increasing speculation that the Federal Reserve will begin slowing its unprecedented
      Bloomberg  -  676 words
    • 1437 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price AIMS AMP Capital Ind REIT 2.00 2.00 4 9.53 17.06 1.87 1.63 Amtek Engineering Ltd 3.33 3.25 3 0.05 7.29 0.55 0.48 ARA Asset Management Ltd 2.57
      1,437 words
    • 689 6 COM MO DITIES AFP [LONDON] Commodity prices tumbled on Friday as the dollar firmed in response to better-than-expected US jobs data and expectations of low European interest rates for some time yet. Many raw materials managed to still rise over the week, however,
      AFP  -  689 words
    • 4 6 WEEKLY
      4 words
    • 73 6 Jul 5 VALUE CLOSE BT OB/OS 97.00 +218.00 BT CADI -*****.00 +131.00 BT 10-day MA -*****.00 +10.00 FTSE ST Mid Cap 754.10 +4.57 FTSE ST Small Cap 569.07 +2.15 FTSE ST All Share 777.52 +5.22 FTSE ST China Top 197.01 +1.13 FTSE ST China 228.59 +1.34 FTSE
      73 words
    • 56 6 VOLUME Innopac 699,859,000 Mirach Energy 641,845,000 SingHaiyi 622,394,000 HanKore 216,345,000 MDR 199,320,000 LifeBrandz 198,788,000 Hiap Tong 175,880,000 WE Hldgs 169,578,000 St James 142,017,000 New Wave 140,053,000 VALUE($) SingTel 261,660,971 DBS Grp 250,903,484 GLP 193,615,282 UOB 193,462,645 OCBC Bk 185,624,610 Mirach Energy 172,715,809 CapitaLand 162,170,317 Keppel Corp 140,528,315
      56 words
    • 114 6 BY CENTS CLOSE UP GLD 10US$ ***** 379.2 2.6 DBXT MSJAP 10US$ 4532 344.7 6.3 IS S&P500 ***** 245.2 1.2 DBXT SPASX200 10US$ 3510 125.1 2.9 DBXT Nifty 10US$ 9635 91.9 0.8 DBXT STGLDv100 10US$ 2920 70.2 1.9 DBXT MSEurope 10US$ 4858 67.7 1.1 JSH 3680 63.8 1.4 Lyxor
      114 words
    • 127 6 BY CENTS CLOSE DOWN Jardine C&C 4129 -122.0 -2.9 DBXT MSINDO 10us$ 1500 -67.7 -3.4 JMH 6000 -63.8 -0.8 Lyxor Europe 10 US$ 1311 -51.1 -3.0 Isetan 450 -45.0 -9.1 DBXT MSTHAI 10US$ 2044 -38.3 -1.4 Lyxor EmergingMkts 1 947 -30.6 -2.5 CIMBAsean40 100US$ 1069 -28.1 -2.0 DBXT MSBrazil
      127 words
    • 5 6 WEEKLY
      5 words

  • Page 7 Advertisements
    • 2094 7 WATS NOTICES Toll free 1800-289-8822 Email noticesiasph.com.sg www.cats.com.sg/notices IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Admiralty in Rem No. 13 of 2013 Admiralty action in Rem against the ship or vessel “ONSYS AQUARIUS” (IMO No. *****22) Between 1. MD NASIR UDDIN (BANGLADESH PASSPORT NO. AB*****29) 2. MD SHAIFUL
      2,094 words

  • SINGAPORE NEWS
    • 518 8  -  This is because the region’s consumer market is still evolving, it says By LIVIA YAP SINGAPORE businesses should move into central China while consumers’ attitudes towards brands are still evolving. With China’s move to rebalance its export-oriented economy towards more
      Source: China Embassy (Foreign Investment Department of the Ministry of Commerce)  -  518 words
    • 215 8 CHILDREN from Fei Yue Community Services were treated to a special excursion to the SEA Aquarium at Resorts World Sentosa recently. Fifty volunteers from Singapore Exchange (SGX) and Noble Group spent a day with the 100 children from Fei Yue Community
      215 words
    • 888 8 Payment Ex Rec Pay Ann (cts) date date date date A-Sonic Aerospace aw 0.170 30-Aug 03-Sep 17-Sep 16-May Ban Leong Tech ak 1.100 31-Jul 02-Aug 14-Aug 30-May Berger Int'l ak 0.280 03-Jul 05-Jul 25-Jul 06-May Boustead S'pore ca 3.000 31-Jul 02-Aug 23-Sep 22-May Boustead S'pore cl 2.000 31-Jul
      888 words
  • Page 8 Advertisements
    • 2318 8 WATS 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 HORIZON ALTO LEASING PTE. LTD. COMPANY REGISTRATION NO.: *****9938N MEMBERS’ VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company duly held on 8 July 2013, the following resolutions were duly passed: 1.
      2,318 words
    • 23 8 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. WATS NOTICES
      23 words

  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 1716 9  -  Predicting how much a company is worth is an imprecise science, says CAI HAOXIANG CAI HAOXIANG I AM writing this from 30,000 feet on a plane ride back to Singapore. An orange and pink sunset shimmers in the distance while banks of clouds stretch out
      PHOTO: AP  -  1,716 words
    • 1100 9  -  For interior designer Jimmy Wong, every experience presents a chance to learn even with unwieldy projects, writesANDREA STARTING YOUNG ANDREA SOH INTERIOR designer Jimmy Wong may be a young entrepreneur, but not everything is about dollars and cents for him. The 31-year-old had in December
      PHOTO: ARTHUR LEE  -  1,100 words
  • Page 9 Advertisements
    • 156 9 Get started now Be a young investor DO you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
      156 words

  • VIEWS FROM THE TOP
    • 3866 10 THIS WEEK’S TOPIC What are the biggest dangers facing financial markets now and how can these dangers be alleviated? What can businesses and individual investors do to protect themselves? Dileep Nair Ambassador Ministry of Foreign Affairs Financial markets abhor uncertainty. Governments, therefore, have a duty to come out
      PHOTO: AFP  -  3,866 words

  • Page 11 Advertisements

  • MALAYSIA
    • 346 12 May export growth falls by 5.8% on weak global demand, commodity prices [KUALA LUMPUR] Malaysia’s exports continued to splutter in May, the fourth consecutive month, due to weak global demand and commodity prices. Export growth declined by an annualised 5.8 per cent, a
      346 words
    • 343 12 Deep-water facility will double size of multi-purpose port [KUALA LUMPUR] IJM Corp Bhd, the operator of Kuantan Port, will invest about RM2 billion (S$804 million) to build a new deep-water terminal for the berthing of vessels of up to
      343 words
    • 532 12 Total sales in first 7 months of financial year hit RM4.37b [KUALA LUMPUR] SP Setia Berhad achieved total sales of RM4.37 billion (S$ 1.8 billion) in the first seven months of its financial year ending Oct 31, 2013 a 104 per cent increase compared
      PHOTO: REUTERS  -  532 words
    • 1411 12 VOL Jul 5 RM +/-(‘000) A M Realty 1.10 -0.01 2361 Abric Bhd (’000) Advance Synerg 0.15 unch 181 Adventa Bhd -0.01 Ae Multi Hldgs 0.22 0.01 78 Affin Holdings 4.16 0.03 125 Ahmad Zaki Res 0.87 0.03 692 Airasia Bhd 3.19 unch 6223 Alliance Finan Advance Synerg
      1,411 words
  • Page 12 Advertisements
    • 4 12 Banking Finance Conference 2013
      4 words
    • 76 12 FEMALE JULY OUT NOW ilL JJUJJ i-.iii Hi 1 '80S MEN’S- INSPIRED LOOKS MORE RETRO LESSANDRO PEARL GEM BOLDER, BRASHER AND THE JEWELLERY NOW BIG SEXY HAIR BEAUTY UPGRADE THICKER LASHES AND GROOMED BROWS A Carolina Herrera CH EDP Sublime worth $175* is yours when you subscribe to the print
      76 words

  • Page 13 Advertisements
    • 360 13 Your Bundle Of Joy With The Samsung GALAXY S4 With LIE a JNG v 9 SAMSUNG Sfh .DOWNLOAD The Straits Times The Straits Times Android Smartphone App features the Print Edition and latest News, Stocks, Weather and Photos... Version: 1.5.8 The Business Times The Business Times I Android Smartphone App
      360 words

  • GREATER CHINA
    • 777 14 There are fears that locally made products may be contaminated Reuters [SHANGHAI] Sophie the Giraffe is a teething toy taking over the world one baby mouth at a time. The toy, handmade in France from Malaysian rubber, is the rage for parents of
      Reuters; FILE PHOTO  -  777 words
  • Page 14 Advertisements
    • 3439 14 BEATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Surface Mount Technology (Holdings) Limited Company Registration No. ***** (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Surface Mount Technology (Holdings) Limited (the “Company”) will be held at Amber
      3,439 words

  • GREATER CHINA/INDIA
    • 767 15 It is Beijing’s first in continental Europe and comes amid tensions with EU AFP [BEIJING] China and Switzerland have signed a free trade agreement (FTA) Beijing’s first in continental Europe in a deal that comes against a backdrop of trade tensions between the Asian giant
      AFP; PHOTO: REUTERS  -  767 words
    • 875 15 Firms may save up to 60% by testing new drugs in India AFP [NEW DELHI] Niranjan Lal Pathak couldn’t believe his luck initially. When a doctor at a hospital in central India offered the factory watchman free treatment for a heart complaint,
      AFP; PHOTO: AFP  -  875 words
    • 551 15 Bloomberg [BEIJING] Switzerland plans to bid to become an offshore yuan trading centre in Europe, competing with Frankfurt and London to corner trade in the Chinese currency. “It is in Swiss interest to have a renminbi hub in the centre of Europe,” Economy Minister
      Bloomberg  -  551 words
  • Page 15 Advertisements
    • 1185 15 JK TECH HOLDINGS LIMITED (Company Registration No. *****0813H) (Incorporated in the Republic of Singapore on 28 October 2003) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an extraordinary general meeting (“EGM”) of JK Tech Holdings Limited (the “Company”) will be held at 61 Kaki Bukit Avenue 1, #02-13
      1,185 words

  • KAZAKHSTAN: EXPO 2017
    • 1611 16  -  Kazakhstan will leave its mark on the international environmental scene by hosting the exhibition that highlights the energy and environmental issues facing Central Asia, says Vincent wee VINCENT WEE HOSTING Expo 2017 in the capital city of Astana will be a defining moment
      1,611 words
    • 519 17  -  Week-long celebrations were held to highlight the capital as a comfortable and stable city, an excellent investment destination and a spiritual and cultural centre for the Central Asian region and the rest of the world, reports Vincent wee VINCENT WEE THIS year’s Day of
      519 words
    • 456 17 THIS year marks the 10th anniversary of the Congress of Leaders of World and Traditional Religions, Kazakhstan President Nursultan Nazarbayev’s initiative to bring together the leaders of world and traditional religions. Mr Nazarbayev has been commended for initiating the Congress of Leaders of
      456 words
  • Page 16 Advertisements


  • WORLD
    • 637 18 Orders unexpectedly drop 1.3% from April, when they fell a revised 2.2% Bloomberg [FRANKFURT] German factory orders unexpectedly declined for a second month in May in a sign that the euro area’s struggle to emerge from its longest-ev-er recession is disrupting the recovery in
      Bloomberg  -  637 words
    • 343 18 Reuters [SANTIAGO, Chile] Massive protests in Brazil, Egypt and Turkey should jolt governments across the globe into ensuring that they are providing crucial public services and opportunities to their citizens, World Bank president Jim Yong Kim said. Frustration with the political establishment,
      Reuters  -  343 words
    • WORLD WATCH
      • 193 18 Reuters [LONDON] Former Thai prime minister Thaksin Shinawatra is in talks to buy the Bakrie family’s 23.8 per cent stake in Indonesia-focused coal miner Bumi plc, a report yesterday said. The price Thaksin, who was ousted by the army in 2006,
        Reuters  -  193 words
      • 124 18 Reuters [ATHENS] Greece is likely to reach a deal with foreign lenders on its latest bailout review before a meeting of eurozone finance ministers today to decide on further aid, European Union (EU) and Greek officials said yesterday. Athens has been in
        Reuters  -  124 words
      • 103 18 AFP [PATNA, India] Multiple small bomb blasts at one of Buddhism’s holiest sites the Bodh Gaya temple complex in eastern India wounded two monks yesterday but the historic temple was not damaged, police said. The Indian government called the blasts a “terror attack”
        AFP  -  103 words
      • 111 18 AFP [BERLIN] Fugitive intelligence leaker Edward Snowden said the US National Security Agency (NSA) operates broad secret spying partnerships with other Western governments now complaining about its programmes, in an interview published yesterday. Snowden said in comments made before his exposure of US
        AFP  -  111 words
    • 299 18 AFP [NURBURGRING] Sebastian Vettel (right) finally won a race on his home soil yesterday when he survived spells of intense pressure to steer his Red Bull to victory in the German Grand Prix. The 26-year-old German, who also had never won a race
      AFP  -  299 words
    • 938 19 Rout is a buying opportunity for investors who can protect against rising yields, says Fidelity Bloomberg [HONG KONG] The worst corporate bond rout since the credit crisis left 98 per cent of Asia’s US dollar-denominated bonds sold last quarter at a discount, a sign
      Bloomberg  -  938 words
    • 1078 19 Less demand from emerging markets, stronger US$ cited NYT [NEW YORK] Gold and trouble go together because the metal is often seen as a haven in times of economic distress. But the relationship is complicated. Prices can rise or
      NYT; PHOTO: REUTERS  -  1,078 words
    • 765 19 Reuters [TOKYO] Prime Minister Shinzo Abe’s ruling bloc is headed for a big victory in this month’s upper house election, media surveys show, a win that would end a parliamentary deadlock and set the stage for Japan’s first stable government
      Reuters; PHOTO: AFP  -  765 words
    • 732 20 Statements by ECB, BOE indicate they are starting to fight the Fed: analysts AFP [FRANKFURT] When the European Central Bank (ECB) maintained its key interest rates at record lows last week, as expected, it also sent a far-bigger message that a central bank
      AFP; PHOTO: REUTERS  -  732 words
    • 765 20 NEWS ANALYSIS Xin hua [MANILA] Despite having glossy economic indicators, the Philippines has lagged behind other membercountries of the Association of South-east Asian Nations (Asean) in attracting foreign direct investments (FDIs) in the year of 2012, according to a report of the United
      Xinhua; PHOTO: REUTERS  -  765 words
    • 650 20 AFP [SEOUL] North and South Korea yesterday made a crucial step forward in winding down months of high tension, agreeing to reopen a joint industrial zone seen as the last remaining symbol of cross-border reconciliation. The deal follows months of
      AFP  -  650 words
    • 570 20 Reuters [AIX-EN-PROVENCE, France] The European Central Bank (ECB) cannot solve the eurozone crisis, Bundesbank chief Jens Weidmann told economists yesterday, pressing the bloc’s governments to get their economies in shape and tighten their fiscal rules. Mr Weidmann addressed an economists’ conference in Aix-en-Pro-vence,
      Reuters  -  570 words
  • Page 18 Advertisements
    • 1581 18 ■4 [••ATS NOTICES At*l MEGHMANI ORGANICS LIMITED NOTICE OF MEETING NOTICE IS hereby given that the Nineteenth Annual General Meeting of the Members of Meghmani Organics Limited (the “Company”) will be held on Tuesday, 30th July, 2013 at 9.30. a.m. at H T Parekh Convention Center, Ahmedabad Management Association, ATIRA,
      1,581 words
    • 634 18 THE BVI BUSINESS COMPANIES ACT, 2004 GLOBAL FUSION INTERNATIONAL LIMITED (The “Company”) NOTICE OF LIQUIDATOR’S APPOINTMENT Notice is hereby given pursuant to Section 204(1)(a)(i) that David Gaskell of Ruisseau Creole, Blackriver, Mauritius has been appointed liquidator of the Company by a resolution of the sole director dated 1st July, 2013
      634 words



  • SHIPPING/AVIATION
    • 875 21 It cuts workforce, delays payments to suppliers amid shipping downturn Reu ters [HONG KONG] China Rongsheng Heavy Industries Group, China’s largest private shipbuilder, appealed for financial help from the government and big shareholders on Friday after cutting its workforce and delaying
      Reuters; REUTERS FILE PHOTO  -  875 words
    • 239 21 SGX '000 Jul 5 S$ +/-Vol CH Offshore 0.42 -0.01 61 Chuan Hup Hldg 0.26 0.01 50 Cosco Corp 0.75 0.01 948 CWT Ltd Ezra Hldgs 0.97 0.01 1166 First Ship Lea Freight Links 0.09 unch 2494 Grand Banks 0.35 0.03 4 Jaya Hold Ltd 0.59 unch 30
      239 words
    • 659 21 AFP [NEW YORK CITY] The experimental Solar Impulse plane, powered by the sun, completed a transcontinental trip across the United States, touching down in New York despite a rip in the fabric of one wing. The giant, single-person plane landed at New York’s John F
      AFP  -  659 words
    • 775 21 Reuters [SAN FRANCISCO] An Asiana Airlines Boeing 777 passenger jet crashed and burst into flames as it landed short of the runway at San Francisco International Airport, killing two people and injuring 182 others. Flight 214 had 307 people 291 passengers
      Reuters; PHOTO: AFP  -  775 words
  • Page 21 Miscellaneous
    • 337 21 CRYPTIC CROSSWORD Across 1 Subtlety about beautiful chess pieces brought by tournament’s leader (10) 6 Fancy wife going with that man (4) 10 Clear chamber (5) 11 On high church in a London suburb (9) 12 Vague details about duck put in quarantine (8) 13 Horrify a friend parking in
      337 words

  • FUTURECHINA FORUM
    • 1186 22  -  The new leadership needs to change communication policy, tackle corruption and improve the country’s quality of living to rally the public behind a shared purpose and vision, says minxin pei MINXIN PEI The writer is a professor of government and non-resident senior fellow
      PHOTO: AP  -  1,186 words
    • 1372 24  -  China will need to launch comprehensive reforms simultaneously and at all levels of government and society, saysJAMES JAMES MCGREGOR THE fast-growth, export-led, investment driven economy that has brought China such incredible progress and success in the past 30 years has run it course. But carrying out
      1,372 words
    • 960 24  -  By YEW SUNG PEI The writer is assistant chief executive officer, International Enterprise (IE) Singapore. Based in Beijing, he oversees the agency’s strategy and operations for China and Middle East Africa. For more on IE Singapore’s view of China’s growth, visit www. iesingapore. com/insights THE story
      960 words
    • 1139 24  -  By LOW YEN LING The writer is CEO of Business China MEI Ling, who worked in China in the mid 90s, fondly recalls her Chinese colleagues’ friendly banter and their outings. “We spent weekends exploring the Shanghai outskirts. They were a great bunch. The one
      PHOTO: AP  -  1,139 words
    • 1267 25  -  The nation’s focus on building up local expertise and technology means foreign companies have to re-align their strategies, saysOON OON JIN TEIK The writer is group executive vice-president and CEO China, Hyflux Ltd THE development of the water industry in China over the last
      1,267 words
    • 943 25  -  By WU ZHIJIAN The writer is the CEO of Woodsford Capital Management Pte Ltd (WCM), a registered fund management company based in Singapore. WCM manages Woodsford Asset Allocator Fund, a globa l macro hedge fund. Mr Wu is also the co-author of ‘China 88’,
      PHOTO: BLOOMBERG  -  943 words
  • Page 22 Advertisements

  • Page 23 Advertisements
    • 98 23 OCBC Business Banking Together we can make your business a success From financing new business ideas to overseas growth, you can rely on our partnership to customise winning solutions that help you realise your business ambitions. ollaboration To find out more, call our Business Banking Commercial Service Centre at 6538
      98 words

  • Page 24 Advertisements


  • DINING OUT
    • 754 26  -  Chef Stephane Istel’s pared-down dishes are a cut above, writesJAIME JAIME EE NEW RESTAURANT Bar-Roque Grill 165 Tanjong Pagar Road #01-00 Amara Hotel Tel: 6444-9672 Open: Noon to 12am; Tuesday to Sunday THIS may sound strange, but Stephane Istel cooks cliches really well. If anything, he’s internalised the
      PHOTOS: BAR-ROQUE  -  754 words
    • 599 26  -  By JAIME EE AMIDST the teeming, sweaty masses gathered at Newton Food Centre yesterday evening, it was all one could do to not hate Gordon Ramsay. Hate his cool, bad boy look, his insane popularity, his smug confidence and more than anything, his audacity to
      PHOTOS: JOSEPH NAIR  -  599 words
  • Page 26 Advertisements
    • 37 26 BT Wine, Dine Hospitality Page save more than for10x4colfull-colourad For advertisement bookings and sales enquiries, please contact: Lawrence Chang 9229 4919 Alisa Tan 9154 8381 Francis Yeo 9620 1356 Ellen Lee 9368 3533 Follow us on Twitter
      37 words

  • SINGAPORE STOCKS
    • 3544 27 Week ended: Jul 5 52-wks Last Vol Week Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Week Last Quote Div GrYld 188 106 AIMSAMPIReit 162.5 -1.5 2511 169 162 162 162.5 6.6 15.2 851.3 M
      3,544 words
    • 274 28 52-wks Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Week 2.4 1.3 t Advanced System 1.4 unch 1269 1.4 1.3 1.4 1.5 22.3 Net M Cap High Low Company Sale (’000)
      274 words
    • 120 28 Stock name Close Change CapMallsAsia 1.875 +0.020 CapitaLand 3.060 +0.010 CapitaMall 1.970 +0.010 CityDev 10.750 +0.100 ComfortDelGro 1.845 +0.015 DBS Grp 15.900 +0.160 GLP 2.880 +0.040 Genting SP 1.365 +0.005 Golden Agri 0.565 +0.010 HK Land 6.790 -0.020 Stock name Close Change HPH Trust US$ 0.745
      120 words
    • 2038 28 Transaction date: Jul 5 HONG KONG Vol HK$ +/-'000 Aeon Stores '000 Angang Steel 3.82 0.07 8030 Anhui Conch Anhuiexpresswa 3.57 -0.02 1618 Asia Satellite 27.50 -0.50 9 Asm Pacific -0.02 Bank Of E Asia 28.05 0.65 2957 Beida Jade Bir 0.33 unch 100 Beijing Airpor 4.80 0.15
      2,038 words
    • 264 28 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 49.1 25 AVJennings A40.5 -3 2 40.5 40.5 40 44 3.6 8.6 3.3 149.9 52 31 Genting HK US$ US44.5 unch ***** 46 43.5 44 44.5 2930.1
      264 words
    • 186 28 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 10 5 0 0 0 0 10 5 0 Manufacturing 93 57 28 20 4 8 113 61 36 Commerce 30 27 21 7 8 1 37 35 22 Tpt/Stor/Comms 24 14 4
      186 words
    • 1024 28 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF Last 143 120.4 CIMB APAC Div 100S$D 127.7 130.6 131.5 114.4 99 CIMB APAC Div 100US$ US99.2 101.9 102.8 10.4
      1,024 words
    • 123 28 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 129,226 129,226 263,364 263,364 Manufacturing 1,243,995 340,011 1,584,006 586,200 48,220 634,420 Commerce 884,724 295,006 1,179,730 411,698 25,100 436,798 Tpt/Stor/Comms 484,255 253,844 738,099 659,041 95,681 754,722 Finance 772,512 582 773,094 786,966 235 787,201 Construction 366,579 134,576
      123 words

  • Page 28 Advertisements
    • 26 28 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
      26 words

  • FINANCE & COMMODITIES
    • 626 29 Jul 5 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.85 *****.97 *****.50 Sep13 *****.00 *****.00 *****.00 *****.00 *****3 *****1 Dec13 *****.00 *****.00 *****.00 *****.00 4 ***** MSCI TAIWAN INDEX FUTURES SPOT 283.14 286.84 282.87 Jul13 279.00 284.30 278.60 283.70 ***** *****7 Aug13 277.40
      626 words
    • 373 29 In local curr In S$ In US$ dy yr dy yr dy yr Jul 5 Index Change Change Change Change Change Change World Preliminary 1048.3 0.0 11.7 0.4 13.1 -0.4 7.8 EAFE Preliminary 860.7 -0.2 11.1 -0.3 7.7 -1.1 2.7 Europe Preliminary 1207.3 -1.1 5.2
      373 words
    • 471 29 Jul 5 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.964 5.619 0.711 7.105 55.407 91.098 0.919 10.470 2.921 1.171 91.598 39.761 1.170 9.186 0.878 27.524 28.546 0.611 0.916 Canada 1.037 5.827
      471 words
    • 68 29 Jul 5 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid
      68 words
    • 140 29 Jul 5 GOLD(US$/oz) Jul 04 Jul 05 Hong Kong 1263.00 1250.90 Jul 05 Jul 04 London 1214.50 1247.49 1215.25 1249.71 Source: Thomson Reuters CAST BAR Jul 05 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 115 51 5gm 327 256 10gm 585 512
      140 words
    • 92 29 Jul 5 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 19-Sep-13 0.26 0.20 0.2 6-Month BS*****X 27-Dec-13 0.28 1-Year BY*****H 02-May-14 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-15 100.08 5-Year N*****0T 0.5
      92 words
    • 54 29 Jul 5 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 13 2376.0 14 1285 Aug 13 2370.0 2385.0 2388.0 2350.0 4038 ***** Sep 13 2364.0 2385.0 2387.0 2345.0 ***** ***** Oct 13 2361.0 2379.0 2382.0 2338.0 6088
      54 words
    • 155 29 Jul 5 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1697 1.1708 0.9161 0.9164 Canadian dollar 1.2130 1.2142 0.9504 0.9500 Euro 1.6454 1.6466 1.2887 1.2888 NZ dollar 0.9988 0.9997 0.7823 0.7825 Sterling pound 1.9160 1.9173 1.5006 1.5007
      155 words
    • 109 29 Jul 5 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 13 1588.00 1583.50 1595.00 1584.75 Aug 13 1432.00 1441.25 1443.25 1431.75 Sep 13 1276.25 1297.50 1297.25 1274.50 Nov 13 1228.25 1250.75 1251.50 1227.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 13
      109 words
    • 95 29 Jul 5 COCOA (£/tonne) Close Prev High Low Jul 13 1504 1510 1525 1495 Sep 13 1526 1532 1547 1515 Dec 13 1526 1535 1546 1515 Mar 14 1520 1525 1538 1510 COFFEE(US$/tonne) Close Prev High Low Jul 13 1787 1790 1800 1797 Sep 13 1809 1820 1826 1804
      95 words
    • 1010 29 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 Conv Acma Ltd. W*****6 Exer Albedo Limited W*****9 Prem Disc Asiatravel.com HoldingsW*****7 0.2 unch 92 1 25 12 Asiatravel.com HoldingsW*****5 0.5 unch 92 1 27 36 ing Left
      1,010 words
    • 70 29 CRUDE OIL PRODUCTS Jul 04 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 104.70 -1.14 WTI (Near Mth) 101.06 0.02 Dubai (1-Mth F) 100.99 0.29 Tapis blend 110.26 0.52 Minas 105.81 0.52 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 95.72 0.44 Jet Kerosene 119.03 0.80 US$/barrel OpecOil Basket
      70 words
    • 22 29 Jul 5 S$ Bid Offer 1-month 1.2767 1.2775 2-months 1.2767 1.2775 3-months 1.2766 1.2774 6-months 1.2763 1.2772 Source: OCBC
      22 words
    • 66 29 Jul-05 Jul-05 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1723.75 1767.75 3 months 1768.00 1812.00 Copper, Grade A(US$/tonne) Cash 6782.50 6954.50 3 months 6789.00 6950.00 Lead(US$/tonne) Cash 2018.00 2065.25 3 months 2030.00 2074.00 Nickel (US$/tonne) Cash *****.00 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
      66 words
    • 121 29 As at 9am Jul 05 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.192 1.136 Can dollar 1.234 1.187 Euro 1.682 1.602 Sterling pound 1.954 1.879 NZ dollar 1.021 0.982 US dollar 1.300 1.239 Local dollars to 100 units of foreign
      121 words
    • 157 29 Jul 5 $S Offer Bid 0vernight 0.02 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: NIL US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.55 0.35 9 months 0.70 0.50 12
      157 words

  • Page 30 Advertisements
    • 921 30 The Business Times Shipping times J e b e lA Shanghai■ LaemChabang■ Chittagong li Port Klang J e d d a h B r i s b a n e H a m b a n NYK RORO ICD PHUOCLONG Conventional ServiceREGULAR SERVICE TO t o t a REGULAR SERVICE
      921 words
    • 502 30 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 TAMESIS FF326 19/06 24/06 28/06 03/07 09/07 TONSBERG FF327 24/06 28/06 01/07 03/07 09/07 15/07 TAMPA CF321 01/07 06/07 11/07 16/07 20/07
      502 words

  • Page 31 Advertisements
    • 1161 31 Shipping Times TOLL MARINE LOGISTICS PERKINS SHIPPING (SINGAPORE) PTE LTD LOYANG OFFSHORE SUPPLY BASE, LOYANG CRESCENT, BLK 103, TOPS AVE 1, #08-01, SINGAPORE *****8. MAILBOX NO. 5013 CR NUMBER: **********0G OPERATOR CODE: PV WEEKLY CONTAINER CONVENTIONAL SERVICE TO EAST TIMOR NORTHERN AUSTRALIA VESSEL VOY ETA SIN ETD SIN ETA DILI
      1,161 words
    • 203 31 FOONG SUN SHIPPING (PTE) LTD INDONESIA SUMATRA PORTS VESSEL VOY ETA ETD DESTINATION BERJAYA 1 08/13 IN PORT 10/07 BELITUNG/PKL BALAM SRI JAYA 8 07/13 09/07 11/07 JAMBI/PEKAN BARU SINOPA 11/13 IN PORT 09/07 PALEMBANG/PANJANG FAJAR MAS 07/13 10/07 12/07 BENGKULU/PADANG SIANIRI 10/13 09/07 11/07 BELAWAN/LHOKSEUMAWE CARAKA JN322 06/13 15/07
      203 words

  • Biz IT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • 994 32  -  Symantec study finds proper strategy can lead to lower IT costs, says AMIT ROY CHOUDHURY WHILE information technology (IT) can improve productivity and enable small and medium-sized businesses, or SMBs, to compete with larger firms, it poses major risks and thus requires sophisticated management, such
      994 words
    • 649 32  -  By NG SAI YING SINGAPORE’S reputation as one of the top places in the region for entrepreneurship can be attributed to the government’s focus on supporting start-ups and developing the local start-up ecosystem. This is especially true for the rising local infocomm entrepreneurial scene,
      649 words
    • 436 32  -  By AMIT ROY CHOUDHURY CANON last week announced its latest prosumer DSLR (digital single lens reflex), the EOS 70D. The camera, which is WiFi enabled, comes with Canon’s new DIGIC 5+ image processor and a 20.2-megapixel APS-C sized CMOS sensor. This is the first model
      436 words
    • 890 32  -  An integrated, layered and unified security approach is needed <you say> By DAVID SIAH The author is country manager, Trend Micro Singapore THE statistics are alarming: A cyber intrusion happens every five minutes. More than 90 per cent of enterprises have malware traversing their networks,
      890 words