The Business Times, 28 November 2014

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Total Pages: 52
1 22 The Business Times
  • 28 1 THE BUSINESS TIMES S$1.00 S|jh A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg O DoBlBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 I Wednesday, October 8, Friday, November 28, 2014G
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  • 24 1 Thursday Change STI 3,340.96 -8.70 KL COMP 1,829.91 -12.26 NIKKEI 225 17,248.50 -135.08 HANG SENG 24,004.28 -107.70 SHENZHEN B 986.60 -2.51 DOW Closed
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  • Article, Illustration
    231 1 The cooling measures in the property sector have had a clear drag on demand in housing loans, yet private home prices simply have not fallen enough, data from the Monetary Authority of Singapore suggested on Thursday. TOP STORIES 2 Opec ministers met on Thursday to decide whether to
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  • 773 1  -  But central bank stress tests show they do not pose systemic danger By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore THE Monetary Authority of Singapore (MAS) on Thursday laid out the potential strains on highly indebted corporates and households in Singapore, just a day
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  • 585 1  -  By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore ALMOST half the winners honoured at the Enterprise 50 Awards dinner were fresh faces, upping the ante at what has become one of the most prestigious award evenings on the corporate calendar. While there are more than a few
    PHOTO: YEN MENG JIIN  -  585 words
  • Page 1 Advertisements
    • 122 1 *****1 *****4 OFFICES S’pore market fundamentals top in Asia-Pac REAL ESTATE 19 ENTERPRISE 50 The DNA of success CINEMA New take on Singapore films EXECUTIVE LIFESTYLE 27 A SPECIAL 22-PAGE PULLOUT WITH YOUR BT TODAY ONLINE ONLY Read Boardroom Matters, a series of articles from the Singapore Institute of Directors,
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  • TOP STORIES
    • 690 2  -  This could mean call to roll back cooling measures premature FINANCIAL STABILITY REVIEW Reports by Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore THE cooling measures in the property sector have had a clear drag on demand in housing loans, yet private home prices simply have not
      Source: MAS; PHOTO: BLOOMBERG  -  690 words
    • 370 2 DEMAND for loans to small and medium enterprises (SMEs) is expected to grow at a slower pace than in recent quarters, due to more “challenging economic conditions” in the short term, the Monetary Authority of Singapore said
      Source: MAS  -  370 words
    • 435 2 THE Asian bond market is likely to be more resilient than the global markets despite it being less liquid because bond investors in the region tend to buy bonds and hold them to maturity, the Monetary Authority of Singapore (MAS) said on Thursday.
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    • 672 3 12-member cartel under pressure from Venezuela and Ecuador to cut output AFP Vienna OPEC ministers met on Thursday to decide whether to slash oil production amid a glut in global supplies, sending crude prices to new lows ahead of their
      AFP; PHOTO: AFP  -  672 words
    • 824 3  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore THE National Association of Travel Agents Singapore (Natas) is trying to address the concerns flagged by some of its members, as 24 travel agencies make plans for a travel fair in March to rival the
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    • 606 4  -  On collections and late payment, the Republic also a laggard in the region By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore ALMOST one in three companies here say adequate cash flow remains a main challenge to profitability, a survey has found. The
      Source: Atradius Payment Practices Barometer – Nov 2014  -  606 words
    • 697 4  -  By Anthony Rowley btworld@sph.com.sg Tokyo THE Bank of Japan (BOJ) is setting an inflationary “good example” by raising the salaries of its most senior executives, including that of governor Haruhiko Kuroda, in a move which it hopes will counter
      PHOTO: AFP  -  697 words
    • 307 4  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore TAKINGS in the business services sector rose 1.1 per cent in the third quarter over the second quarter of 2014, the latest Business Receipts Index for Services Industries showed. And they were up 3.3 per cent
      FILE PHOTO  -  307 words
    • 400 4  -  By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore A TWO-FACTOR authentication (2FA) feature will be introduced to the Singapore Personal Access (SingPass) by the third quarter of 2015, the Infocomm Development Authority of Singapore (IDA) said on Thursday. This is to enhance
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  • COMPANIES & MARKETS
    • 527 6  -  Group is divesting remaining 40% interest in Tigerair Australia to devote resources to Tigerair Singapore By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore SHAREHOLDERS of beleaguered budget carrier Tiger Airways overwhelmingly voted in favour of both the divestment of its 40 per
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    • 461 6  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore LINC Energy has found evidence of oil in the Arckaringa Basin in southern Australia with its first exploration well, in what the firm sees as a big step forward in its plans. The firm
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    • 625 6 BLOOMBERG Singapore ANALYSTS are the least optimistic about Genting Singapore plc in a year as slumping casino revenue from high-rollers curbs earnings prospects for the second-worst performing stock on the city’s benchmark gauge. The difference between Genting’s share price and analysts’ predictions for
      BLOOMBERG  -  625 words
    • 604 7  -  Paya Lebar mall garners 93% pre-commitment lease By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore UOL Group, which is officially opening its newest mall OneKM this Sunday, said it has garnered close to 93 per cent of pre-commitment lease for the mall at a time
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    • IN BRIEF
      • 77 7 GLH Hotels, GuocoLeisure’s wholly owned subsidiary in England, has executed an agreement with DBS Bank for the provision of £200 million (S$409 million) term and multi-currency revolving facilities. Part of the funds will go towards its intended full redemption of an outstanding £138 million in
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      • 79 7 BOUSTEAD Singapore will be hosting its Retail Investor Days on Dec 10 at 9.30am (for retail investors who are new to Boustead) and on Dec 11 at 9.30am (for retail investors who are already familiar with Boustead and want business updates and a financial review).
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    • Article, Illustration
      63 8 STI Catalist Straits Times index NOV 27,2014 3,340.96 -8.70 (-0.26%) Current streak 1 day Day high 3,355.62 Day low 3,340.96 52-week high 3,374.06 (July 31, 2014) 52-week low 2,960.09 (Feb 5, 2014) FTSE ST Catalist index NOV 27,2014 784.83 -8.33 (-1.05%) Current streak 1 day Day high 795.27 Day low
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    • 656 8  -  Thursday’s relatively quiet session could be followed by a large push as some funds close their books for the year TTSTOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT AFTER Tuesday’s spike in volume up to a 2014 high of S$1.8 billion –which came largely thanks
      Source: Bloomberg  -  656 words
    • 307 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 231 -2 233/229 250 206 6.2 5836.7 CapitaLand 332 unch 334/331 348 268 16.6 2.4 *****.2 CapitaMall Trust 197.5 -1.5 199.5/197 209 180 5.2 6849.9 CityDev 995 -4 998/987 1118 860 13.5
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    • 35 8 VOLUME IHC 81,155,000 ThaiBev 68,829,000 SIIC Environment 43,235,000 WE 34,280,000 Charisma Energy 31,914,000 Market volume 1,392,786,000 VALUE SingTel 100,852,528 DBS Grp 55,697,075 ThaiBev 45,792,270 Suntec Reit 43,290,720 OCBC Bank 40,232,150 Market value 1,011,101,000
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    • 113 8 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap IS MS India US$ US782 +2 2435 783/778 790/541 779/783 97.8 UETF SSE50China 175 -1 321 177/173 177/140 175/176 54.7 Lyxor CRBNonEny US$ US233 -2 124 233/233 261/228 233/235 24.9 STI ETF 339 +2 98 339/338
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    • 77 8 Nov 27 VALUE CLOSE BT OB/OS -176.00 -93.00 BT CADI -*****.00 -67.00 BT 10-day MA -*****.00 -18.00 FTSE ST Mid Cap 755.06 -0.86 FTSE ST Small Cap 515.63 -2.25 FTSE ST All Share 804.08 -2.00 FTSE ST China Top 191.76 -0.77 FTSE ST China 225.88 -1.45 FTSE
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    • 35 8 STI FTSE ST All-Share ftse ST All-Share index NOV 27,2014 804.08 -2.00 (-0.25%) Current streak 1 day Day high 806.93 Day low 804.08 52-week high 819.39 (July 31, 2014) 52-week low 722.35 (Feb 5, 2014)
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    • 33 8 STI MSCI EAFE MSCI EAFE index NOV 26,2014 1,848.79 +6.53 (+0.35%) Current streak 4 days Day high 1,849.16 Day low 1,840.92 52-week high 1,995.49 (July 3, 2014) 52-week low 1,714.64 (Oct 16, 2014)
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 7 5 0 0 0 2 7 5 Manufacturing 34 47 40 8 10 8 42 57 48 Commerce 15 17 18 2 7 5 17 24 23 Tpt/Stor/Comms 11 19 9
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    • 121 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 11,205 11,205 55,378 55,378 Manufacturing 241,714 44,434 286,148 119,234 3,192 122,426 Commerce 61,806 57,190 118,996 87,257 2,435 89,692 Tpt/Stor/Comms 97,286 1,561 98,847 172,836 580 173,416 Finance 11,607 1,413 13,020 146,501 292 146,794 Construction 16,385 36,241
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    • 74 8 BY CENTS CLOSE UP 52w high/low JMH USD 6200 116.7 1.5 6460/4934 JSH USD 3578 114.1 2.5 3810/3006 Jardine C&C 4204 74.0 1.8 4901/3330 Hyflux 6% CPS ***** 40.0 0.4 *****/***** DBXT MSCHINA US$ 1348 31.1 1.8 1401/1119 BY PERCENTAGE CLOSE UP 52w high/low Acma Ltd W*****7 0.4 100.0
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    • 74 8 BY CENTS CLOSE DOWN 52w high/low GLD US$ ***** -50.6 -0.3 *****/***** SPDR DJIA US$ ***** -15.6 -0.1 *****/***** Lyxor Russia US$ 301 -9.1 -2.3 416/293 DBS Bk 4.7% NCPS ***** -9.0 -0.1 *****/***** Yuuzoo 51 -8.5 -14.3 95/26 BY PERCENTAGE CLOSE DOWN 52w high/low Joyas Intl 2.7 -40.0
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    • 80 8 VOL CLOSE($) CHANGE Advance SCT 28,600.0 0.002 +0.001 +100.00 Pavillon 169.0 0.120 +0.037 +44.58 Wilton Resources 9,163.0 0.091 -0.006 -6.19 Renewable Energy 1,605.0 0.031 -0.004 -11.43 Asia Fashion 842.0 0.087 +0.016 +22.54 Amplefield 13,675.0 0.008 +0.001 +14.29 Eucon 605.0 0.010 -0.003 -23.08 Captii 270.0 0.043 +0.005 +13.16 Yuuzoo
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    • BROKERS’ TAKE
      • 98 8 BUY NOV 27 Close: S$0.735 Target price: S$1.26 dmg Research, Nov 27 WE initiate coverage on IPS Securex (IPS) with a S$1.26 target price representing an 86.7 per cent upside, thus we recommend a BUY. IPS is one of Singapore’s leading providers of integrated security solutions. As political
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      • 126 8 ADD Nov 27 close: S$0.35 Target price: S$0.45 CIMB Research, Nov 27 AT 93 per cent of our September FY2014 forecast (Q4 at 29 per cent), FY2014 core net profit of US$44.4 million (+196 per cent year on year) was slightly below our expectations but broadly in line
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      • 225 8  -  Compiled by Claire Huang BUY Nov 27 close: S$2.55 Target price: S$3.03 OCBC Research, Nov 27 STABILITY is ComfortDelGro’s (CDG) key strength thus far for FY2014 and we think its ability to remain so is attractive. CDG’s results for all three quarters in FY2014 came in within our expectations
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      • 7 8 DATA I 8.30am Singapore bank lending
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    • 414 9 CURRENCIES BLOOMBERG Tokyo THE dollar fell against the yen for a third day, the longest streak in a month, after data raised concern that the US economic recovery has plateaued. The yen rose versus most of its 16 major peers as trading
      BLOOMBERG  -  414 words
    • FOREX RATES
      • 472 9 NOV27 Nov 27 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.967 5.281 0.688 6.670 53.219 104.649 1.010 9.438 2.879 1.087 87.573 38.608 1.116 9.421 0.827 26.553 28.199 0.545 0.860 Canada 1.034
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      • 155 9 Nov 27 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1152 1.1162 0.8600 0.8605 Canadian dollar 1.1527 1.1536 0.8894 0.8890 Euro 1.6213 1.6220 1.2503 1.2505 NZ dollar 1.0256 1.0267 0.7909 0.7915 Sterling pound 2.0485 2.0493 1.5798 1.5799
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      • 22 9 NOV 27 S$ Bid Offer 1-month 1.2972 1.2978 2-months 1.2971 1.2977 3-months 1.2971 1.2978 6-months 1.2971 1.2978 Source: OCBC
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    • EQUITY BONDS WARRANTS FUTURES
      • 374 9 NOV 27 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.49 *****.85 *****.48 Dec14 *****.00 *****.00 *****.00 *****.00 ***** *****6 Mar15 *****.00 *****.00 *****.00 *****.00 309 5306 MSCI TAIWAN INDEX FUTURES SPOT 341.73 344.60 341.73 Nov14 340.30 344.90 340.20 343.15 ***** ***** Dec14 340.70
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      • 211 9 Most active Nov 27 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left DBS MB eCW*****2 12.4 0.4 7164 0.1 0 7 Rowsley Ltd W*****3 4.2 -0.1 3021 1 18 23 Ezion MB eCW*****4 6.5 -1.3 1800 0.4 155 6
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      • 373 9 In local curr In S$ In US$ dy yr dy yr dy yr Nov 26 Index Change Change Change Change Change Change World Preliminary 1288.0 0.1 8.7 -0.1 8.0 0.2 5.1 EAFE Preliminary 1000.4 0.0 4.6 0.1 -0.8 0.4 -3.5 Europe Preliminary 1406.3 0.0 3.8
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    • BANK RATES
      • 154 9 Nov 27 $S Offer Bid 0vernight 0.10 0.05 1-month 0.4375 0.3125 2-months 0.4375 0.3125 3-months 0.4375 0.3125 Overnight mode: 0.10 US$ Offer Bid 7 days 0.18 0.08 1 month 0.27 0.15 2 months 0.30 0.20 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
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      • 36 9 NOV 27 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) 1 mth 0.***** 3 mths 0.***** 6 mths 0.***** Source: Thomson Reuters
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      • 67 9 Nov 27 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****F 3.75 01-Sep-16 105.57 105.64 105.57 5-Year N*****0H 1.625 01-Oct-19 100.74 100.73 100.70 10-Year NY*****H 3.000 01-Sep-24 106.68 106.80 106.45 15-Year NY*****E 2.875 01-Jul-29 103.29 20-Year NZ*****V 3.375 01-Sep-33 109.01 108.65 108.65
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    • AGRI METALS ENERGY
      • 212 9 NOV-26 Price Net change change Last Trade Agricultural Nov-26 CBOT Soybeans (US cents/bu) 1047.00 -4.00 -0.38% 14/01/2015 CBOT Soybean Oil (US cents/lb) 33.48 0.06 0.18% 12/12/2014 CBOT Wheat (US cents/bu) 562.00 10.50 1.90% 12/12/2014 Nov-26 LIFFE Cocoa (£/tonne) 1929.00 34.00 1.79% 12/12/2014 LIFFE Coffee (US$/tonne) 2095.00 0.00 0.00%
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      • 57 9 NOV 27 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 14 2212.0 2205.0 2212.0 2162.0 516 3824 Jan 15 2229.0 2239.0 2234.0 2195.0 1106 ***** Feb 15 2230.0 2240.0 2236.0 2199.0 ***** ***** Mar 15 2238.0 2243.0
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    • 639 10 Sales of derivatives have set an annual record in the first 10 months of 2014 BLOOMBERG Hong Kong SALES of derivatives tied to global stock markets in South Korea have set an annual record in the first 10 months of 2014, as
      BLOOMBERG; PHOTO: BLOOMBERG  -  639 words
    • 565 10  -  By Malminderjit Singh msingh@sph.com.sg @MalminderjitBT Singapore OIL price declines may not affect the fortunes of offshore and marine companies engaged in shallow-water activity as well as those concentrated in the production phase. Mermaid Maritime’s latest set of results reflects that this analysis may be
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    • 293 10  -  By Malminderjit Singh msingh@sph.com.sg @MalminderjitBT Singapore SINGAPORE’S homegrown building construction group Keong Hong Holdings on Thursday reported a 10.1 per cent drop in full-year net profit to S$19.7 million, from S$21.9 million for the same period last year. This was despite the
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    • 630 7 4c vt A X V.vA AIN tt a. f. <*■ •'"'ti- .is 1 v |-j :> wav.a %'i ■:^VI j r- > J 4 rr *r f **■:■>. > r V. < '...V CARLTON Cl TV A CONTEMPORARY CHRISTMAS CHRISTMAS SHOPPE AT TUXEDO I 1 st 25 th DEC 2014
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  • BANKING & FINANCE
    • 879 11 Good chance it is at a peak right now as there’s too much investor euphoria, says China strategist BLOOMBERG REUTERS Shanghai THE surge in Chinese equity trading that coincided with market peaks in 2009 and 2010 is back after the
      BLOOMBERG; REUTERS; PHOTO: AFP  -  879 words
    • 685 11 BLOOMBERG Jakarta INDONESIA’S Islamic banks say new rules acknowledging the lower risk of profit-sharing loans will help revive industry growth from the slowest pace on record. The Financial Services Authority is introducing reserves ratios that will vary depending on banks’ risk profiles and
      BLOOMBERG  -  685 words
    • 893 11 BLOOMBERG Hong Kong JAPANESE investors are buying Asian assets like never before as Prime Minister Shinzo Abe’s policies make the yen a lucrative means to fund bets on regional growth. A net 1.82 trillion yen (S$20.1 billion) flowed into stocks
      BLOOMBERG  -  893 words
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    • 245 11 QUALITY. RELIABILITY REPUTATION. SERVICE. MBtt y 2013 ata NiD-***** Judy Kueh 2015 DEC EXP A clear signal of credibility, reliability and quality service amongst travel professionals, the NATAS Accreditation framework is set to boost the recognition and reputation of true travel professionals nationwide. So be sure to ask for NATAS-accredited
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  • ENERGY & COMMODITIES
    • 536 12  -  Borouge says that’s because of cheaper feedstock the price of naphtha is tied to oil’s By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore FALLING oil prices will boost profitability for naphtha-based petrochemical crackers such as those in Singapore, compared to crackers in the
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    • 593 12 REUTERS Beijing CHINA is estimated to be holding double the amount of crude in its strategic reserves than its official plan has revealed, as the world’s top energy consumer takes advantage of a dive in prices to strengthen its
      REUTERS  -  593 words
    • 469 12 BLOOMBERG Jakarta INDONESIA’S finance ministry plans to propose a fixed petrol subsidy of 1,000 rupiah (11 Singapore cents) to 2,000 rupiah a litre, said a government official who asked not to be identified because the discussions are private. The ministry will submit
      BLOOMBERG; PHOTO: REUTERS  -  469 words
  • Page 12 Advertisements
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    • 3 12 D facebook.com/kiss92fm www.kiss92.sg
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  • TECHNOLOGY
    • 484 13 BLOOMBERG New York UBER Technologies Inc investors contend that the car-booking service is worth as much as US$40 billion more than Twitter Inc and as much as Delta Airlines Inc. While that is a big valuation, it may be justified by the size of
      BLOOMBERG; PHOTO: REUTERS  -  484 words
    • 286 13 AFP Seoul THAT selfie stick in your hand. A harmless memorymaker? Or a potentially chaos-inducing electromagnetic radiation emitter? In South Korea, it seems, it could be both and anyone selling an unregistered version could face a US$27,000 fine or up to
      AFP  -  286 words
    • 663 13 Shares of electronics company surges most in almost 6 years as he makes US$8b in proposed deals, including a stock buyback BLOOMBERG Seoul LEE Jae Yong is putting his stamp on Samsung Group after his father’s hospitalisation with US$8 billion in proposed deals, including a
      BLOOMBERG; FILE PHOTO  -  663 words
  • Page 13 Advertisements
    • 797 13 Advertorial presented to you by Schneider Electric There has been a greater demand for data processing, as a result, organisations are relying more on data centres to store and manage data. Innovative design and operation strategies are essential for data centres to function properly and to avoid costly disruptions. The
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  • CONSUMER
    • 523 14 City traffic, parking shortage, better Web access are prompting many to shop at e-tailers REUTERS Mumbai PUT off by snarled city traffic and a shortage of parking, more Indians are shopping for groceries online, helping e-tailers like Bigbasket.com and Localbanya.com turn in
      REUTERS  -  523 words
    • 360 14 AFP Kuala Lumpur MALAYSIANS have a passionate love affair with their lip-smacking cuisine rich curries, succulent fried chicken, buttery breads and creamy drinks –but it is increasingly an unhealthy relationship. Malaysia is South-east Asia’s fattest country, where a nationwide foodie culture is feeding mounting
      AFP  -  360 words
    • 511 14 It has also closed stores in Japan, made management changes in India BLOOMBERG Shanghai WALMART Stores Inc, the world’s largest retailer, dismissed about 30 senior executives in China amid a restructuring in Asia that includes store closures in Japan and management changes in
      BLOOMBERG; PHOTO: BLOOMBERG  -  511 words
  • Page 14 Advertisements
    • 2457 14 The Business Times Ik T/VPT/nT 1 p Toll free 1800-289-8822 IV 1 fl I Email notices@sph.com, sg V. J V. i j L J www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF JASSIM EQUIPMENT LEASING POWER RENTAL CO. PTE. LTD. (IN MEMBERS’ VOLUNTARY
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    • 321 14 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF LKAB FAR EAST PTE, LTD, (IN MEMBER'S VOLUNTARY LIQUIDATION) (Company Registration No. *****1144W) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of
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    • 36 14 Show Off Your Prize Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your New CEO Announcement Notices Discover Greener Pastures Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices
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  • TRANSPORT
    • 702 15 Growth in airborne shipments is luring the region’s biggest cargo airlines BLOOMBERG Hanoi ON a rainy night in Ho Chi Minh City, a half dozen ground handlers in reflective vests grunt and yell as they jockey an aluminium container onto the
      BLOOMBERG; PHOTO: BLOOMBERG  -  702 words
    • 298 15  -  By Malminderjit Singh msingh@sph.com.sg @MalminderjitBT Singapore PSA Group chairman Fock Siew Wah was conferred a Belgian national distinction on Thursday. Mr Fock was bestowed the award of “Commander of the Order of the Crown” from King Philippe of Belgium for his merit, dedication and
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    • 488 15 AFP Detroit CHINA is the new El Dorado for US carmakers looking to develop sales of their luxury brands, which globally are lagging behind German and Japanese competitors. General Motors, the largest US carmaker, already sells more cars in China each month
      AFP  -  488 words
    • 330 15 REUTERS Tokyo TOYOTA Motor Corp said on Thursday it would recall 57,000 vehicles globally to replace potentially deadly air bags made by Takata Corp, in a sign that a safety crisis around the Japanese auto parts maker is far from contained.
      REUTERS  -  330 words
  • Page 15 Advertisements
    • 1202 15 The Business Times NOTICES KOP LIMITED (Company Registration Number: *****5164G) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“EGM”) of KOP Limited (the “Company”) will be held at 25 Tai Seng Ave, #01-01, Scorpio East Building, Singapore *****4,
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    • 116 15 SUPERBOWL HOLDINGS LIMITED (Co. Reg. No. *****3139W) (Incorporated in the Republic of Singapore) LOST CERTIFICATES Applications have been made to the Directors of the abovenamed Company to issue replacement certificates in place of the following certificates which have been reported lost or destroyed:Certificates No. Name No. of Shares *****60 Tan
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  • GOVERNMENT & ECONOMY
    • 725 18 Seven-day repurchase rate falls 10 basis points to 3.22% in Shanghai; further cuts in interest rates seen BLOOMBERG Beijing CHINA’S central bank refrained from selling repurchase agreements for the first time since July, loosening monetary policy further as a report
      BLOOMBERG; PHOTO: REUTERS  -  725 words
    • 649 18 REUTERS Mumbai ANTICIPATING data out on Friday will show weakening economic growth, India’s finance ministry will argue for an interest rate cut, but bankers and company executives say the key to recovery lies in how fast Prime Minister
      REUTERS; PHOTO: REUTERS  -  649 words
    • 407 18 Tourists from 43 countries can apply online and pick up their visas on arrival AFP New Delhi TOURISTS travelling to India from 43 countries including the US will no longer have to queue at their local consulates to obtain visas after New Delhi
      AFP  -  407 words
    • 821 18 Most bankable schemes should be financed by private firms, ministers told REUTERS Jakarta NEEDING some US$450 billion for Indonesia’s infrastructure by 2019, new President Joko Widodo has ordered ministers to give private investors first pick of money-making projects rather than let state
      REUTERS  -  821 words
    • 425 18 AFP Strasbourg THE European Parliament voted overwhelmingly for the break-up of Google on Thursday in a largely symbolic vote that nevertheless cast another blow in the four-year standoff between Brussels and the US Internet giant. In a direct challenge to Google, Members
      AFP  -  425 words

  • REAL ESTATE
    • 829 19  -  Cushman’s 10.9% estimated growth in Grade A office rental value here this year highest among 13 markets By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore SINGAPORE offers the strongest office market fundamentals for Grade A office space among core Asia-Pacific markets, in terms of rental
      Source: Cushman & Wakefield’s Research  -  829 words
    • 455 19  -  By Pauline Ng btworld@sph.com.sg Kuala Lumpur UEM Sunrise is counting on an inaugural development in Australia to achieve targeted sales of RM2 billion (S$ 776 million) this year as property transactions slump at home, particularly in Iskandar Malaysia. With buyer sentiment
      455 words
    • 688 19 BLOOMBERG Sydney FOREIGNERS who illegally buy homes in Australia should face higher fines, a parliamentary committee has said, calling on authorities to better police existing rules. The current A$85,000 (S$94,564) fine for foreigners breaching the rules, “seen by many as simply the
      BLOOMBERG  -  688 words
    • 491 19  -  Offer for Serangoon plot of S$276.8m is 15% higher than the next highest bid By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore ASSET Legend, believed to be a unit of Li Ka-shing’s Cheung Kong Holdings, has put in the highest tender
      491 words
    • 1241 20 New York City’s biggest commercial landlords are shelling out for the first time since the recession to deck the halls with lavish installations NYT Mount Vernon, NY INSIDE a warehouse on an industrial stretch of road here, workers holding bunches of red
      NYT; PHOTO: NYT  -  1,241 words
    • 668 21 University of Chicago’s Department of Ecology and Evolution works out of digs designed to be energy efficient NYT New York WHEN Joy Bergelson was planning the new field station here for the University of Chicago’s department of ecology and evolution,
      NYT  -  668 words
    • 286 21 BLOOMBERG Tokyo MITSUBISHI Estate Co, Japan’s biggest developer, announced plans to redevelop part of Marunouchi in central Tokyo, the country’s most expensive business district. The area of at least 11,240 sqm consists of three office buildings, the company said in a statement on Thursday.
      BLOOMBERG  -  286 words
    • 317 21 BLOOMBERG Tokyo RE/MAX Holdings Inc, the franchiser of real estate brokerages about to begin operating in Japan, plans to use housewives and retirees to take advantage of a housing market recovery. The company, based in Denver, will start its business in Japan on
      BLOOMBERG; PHOTO: BLOOMBERG  -  317 words
  • Page 19 Advertisements

  • Page 20 Advertisements
    • 522 20 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements The business Times CLASSIFIED BUY IT SELL IT FIND IT D02 HOUSE FOR SALE INTERMEDIATE TERRACE Quaint FH Conservation Inter-terr around Blair Plain. Built-up approx 2200sf. 3-bdrm+attic. Good Fengshui. Serious buyers only. Owner 9223 1914 D04 HOUSE FOR SALE SENTOSA Bungalow Sentosa
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    • 129 20 D11 21 HOUSE FOR RENT LORNIE 18 Cluster bunglw Resort Living. Superb layout with home lift. 4500sf onwards. 4+1+1 rms. 2 yrs lease. Rental $11Kneg. 6296 6036/ 9670 0518 D15 HOUSE FOR RENT 63 GOODMAN ROAD Bungalow. Prime landed 4900/7300sf 6+1+ family +media rm+ s/pool Corner Face park $23k Mar
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    • 531 21 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements THE Business Times CLASSIFIED BUY IT SELL IT FIND IT D19 HOUSE FOR RENT UPPER PAYA LEBAR ROAD Rent Sale 2-Sty Corner Terr along Upper Paya Lebar Rd. 8 bdrms (7000 sf) with 4 ensuites. Unfurn Big front yard gdn. 10 carpk.
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    • 24 21 Marketing Agent Agency Lic No L*****41F KATONG SHOPPING CENTRE Ground Floor, Corner, Face Main Road Available: Immediate *Size: About 1,798 sqft. Call Steven 8198-8046
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  • VEHICLES
    • 776 22 ith certificate of entitlement premiums on the rise, would-be car buyers have been adopting a wait-and-see approach. But not Mr Gunnasegaran Kaliannan, 42, a media consultant. He took the plunge and bought a brand new eight-seater Toyota Estima 2.4 five months ago for
      776 words
  • Page 22 Advertisements
    • 568 22 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements The Business Times CLASSIFIED BUY IT SELL IT FIND IT AUDI FOR SALE AUDI A4 Nov’11 Audi A4 1.8T. 1 owner, 100% accident free! High loan available at low interest rate! Trade in welcome! Call now 8588 7877 AUDI FOR SALE AUDI
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    • 122 22 TOYOTA FOR SALE ESTIMA 2.4 AUTO 5/’09 $100,800 HybridRare! OMV $58,177. Power Tail Gate. Electric Retractable Seats. 6844 0123 9620 0045 Yong Lee Seng Motor Pte Ltd TOYOTA FOR SALE TOYOTA ESTIMA CarTimes Award-Winning Company. 7/ 8 Seater Estima. Full Accessories. 7day delivery Special price. Guarantee COE. Call 6744-5111 (CaseTrust)
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  • LIFESTYLE
    • 469 23  -  Planning a road trip for your next vacay? Here, a checklist of what to do before you pick up your rented wheels. BYALISACHOPARD ALISA CHOPARD Get insured Besides personal insurance, buy car insurance from the rental company and make sure it covers these three areas: damage to third-party
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  • Page 23 Advertisements
    • 452 23 11 -*=0 JT ,a Jjna V72 WV?' S/n...^-^ The Business Times Call Toll-free 1800-289-9988 To Place Your Classified Advertisements CLASSIFIED BUY IT SELl IT FIND IT BUSINESS NEEDS SECRETARY SERVICES $235 Incorporation. Within Hours. Free 1St Year Company Secretary ACRA. Fee $315 $550. For more details please call 6324 5727.
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    • 165 23 PETS PET CARE KOI FARM Biggest, Cheapest Largest in Singapore! Nippon Koi Farm, No 51 Jln Lekar. Tel 6763 1882 or please visit website: www.nipponkoifarm.com PETS PET CARE SHOW QUALITY KOI New Shipment! Famous Breeders Dainichi, Sakai, Isa, etc. Kohaku, Sanke, Showa, Tancho and more!!! J K Koi Paradise 802
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  • OPINION
    • 579 24 EDITORIAL ON Thursday, the Organization of the Petroleum Exporting Countries (Opec) exerted its influence from behind closed doors in Vienna, but even the all-powerful 12-nation group must be aware of how the walls are closing in on it. The world might
      579 words
    • 610 24  -  THE BOTTOM LINE By Robert Samuelson THE WASHINGTON POST WRITERS GROUP WE AMERICANS pride ourselves on not having a “welfare state”. We’re not like Europeans. We’re more individualistic and self-reliant, and although we may have a “social safety net” to protect people against unpredictable personal and
      THE WASHINGTON POST WRITERS GROUP  -  610 words
    • 1315 24  -  With the risk of catching the disease high the diagnosis of Ebola, its treatment and care should be left only to teams of well-trained providers. BY MANISHA JUTHANI-MEHTA BY providers.BY MANISHA JUTHANI-MEHTA T The writer is an associate professor and director of the infectious
      PHOTO: AFP  -  1,315 words
    • 839 25  -  COMMENTARY By Simon Johnson T The writer is a professor at MIT’s Sloan School of Management and the co-author of ‘White House Burning: The Founding Fathers, Our National Debt, And Why It Matters To You’ PROJECT SYNDICATE Washington THE US Federal Reserve System
      PROJECT SYNDICATE  -  839 words
    • 472 25  -  TT LETTER TO THE EDITOR Bey Mui Leng (Ms) Director (corporate communications) Monetary Authority of Singapore WE refer to “SMCCA faces hurdle in membership drive” (BT, Nov 4) and “MTP will lower liquidity, raise listing cost: SMCCA” (BT, Oct 16). Under Singapore’s
      472 words
    • 862 25  -  The easiest way to thwart retailers’ enticements as you peruse the shopping aisle isn’t to try to resist what you want; it’s to be thankful for what you have.BY DAVID DESTENO have.BY DAVID DESTENO NYT THE Thanksgiving week heralds the holiday shopping season. Once
      NYT; PHOTO: BLOOMBERG  -  862 words


  • 1700 26 MONTREAL 10 120 29/7 30/7 4/8 MONTREAL 10 120 29/7 30/7 4/8 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PKL KUC KK JKT SUR MALAYSIA STAR 40 50 8/12 9/12 13/12 15/12 KAISA 2 60 10/12 12/12 14/12 DEL SOL
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  • BT Lifestyle
    • 737 27  -  Intoxicating brew of sex and violence Forget crass heartland comedies and gratuitous shots of Marina Bay Sands and the Merlion. Three homegrown directors make you rethink what local films are all about with a showcase of their edgier works next week at the Singapore
      737 words
    • 530 27  - Tough choices with dreadful consequences By Rachel Loi rachloi@sph.com.sg @RachelLoiBT IF YOU had to choose, whom would you execute: A prostitute or a loan shark? An overcharging doctor or a corrupt politician? Either way, someone must die with each decision you make. With that dark premise in his debut feature
      530 words
    • 484 27  -  By Lisa Fratini lfratini@sph.com.sg HOPING to test the boundaries of Singaporean films and their audiences is what drives director Han Yew Kwang, who debuts his film Rubbers next week. A sex comedy not a genre that local film directors have really explored
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  • MUSIC CINEMA
    • 697 28  -  Jeremy Monteiro’s new Christmas album is his first in two decades and comes on the back of a bittersweet year. BY DYLAN TAN FESTIVE JAZZ BY DYLAN TAN dylantan@sph.com.sg @DylanTanSYBT SINGAPORE’S hardest-work-ing jazz musician has gone the extra mile yet
      PHOTO: RUSSEL WONG  -  697 words
    • 505 28  -  CINEMA By Geoffrey Eu VERY Good Girls is a coming-of-age tale that takes place over the course of a transformative New York summer, when two best girlfriends experience the trials and tribulations some life-defining and others less so that typically befall the average American teenager
      505 words
    • 541 28  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT PANG Ho-cheung is one of Hong Kong’s sharper filmmakers with his comedies, which often double as social commentaries on the fast (and often shallow) lives of urbanites. He is also one of the few remaining established directors not
      541 words
    • 759 28  -  CONCERT By Lisa Fratini lfratini@sph.com.sg WHEN American psychedelic rock band The Flaming Lips rolled into Singapore four years ago for its first concert here, it left its mark with a wacky combination of colourful confetti, giant stage props, strange costumes and
      759 words

  • ARTS
    • 652 29  -  TheatreWorks is looking for playwrights in the white-collar workforce.BY THEATRE workforce.BY HELMI YUSOF helmi@sph.com.sg @HelmiBT EVER wanted to try your hand at writing a play? Leading theatre company TheatreWorks is holding a playwriting course next week to attract potential playwrights just like you.
      652 words
    • 550 29  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT MYTH, mirth and mayhem make Wild Rice’s adaptation of Chinese epic Monkey Goes West one of the funniest and most satisfying rides in Singapore theatre this year. It is the latest of the company’s annual pantomimes and possibly its
      PHOTO: ALBERT KS LIM FOR WILD RICE  -  550 words
    • 595 29  - Relatable relationships and just the way we happen to go By Rachel Loi rachloi@sph.com.sg @RachelLoiBT WHEN a play opens and the main character is already dead on stage with a funeral in process, it becomes clear that a lesson on life is about to follow. Thankfully, in the hands of
      595 words
    • 469 29  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT IN the tradition of dystopian tales like Blade Runner and 1984, Teater Ekamatra’s new play Paradise conjures a post-apocalyptic world populated by factory workers slaving away to produce a new form of energy to sustain their lives. Written by award-winning playwright
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  • CITY LIFE
    • 633 30  -  Three F&B outlets in the quiet enclave look forward to many more people settling in soon and drumming up business for them.BY them.BY RACHEL LOI rachloi@sph.com.sg @RachelLoiBT SLEEPY Sims Drive is in the middle of nowhere just behind Aljunied, but not quite part of Geylang.
      633 words
    • CITY BUZZ BT writers' picks of what to see, do or talk about
      • 325 30  -  By Tiong Li Cheng DINING EVENT Seafood From The Heart with Peter Kuruvita GOING the extra nautical mile is W Singapore Sentosa Cove’s latest collaboration with Australian celebrity chef Peter Kuruvita. In line with the hotel’s environmental and sustainability commitments, The Kitchen Table will feature an ocean-friendly
        PHOTO: ANSON SMART  -  325 words
      • 193 30  -  By Lisa Fratini Makan Makan at the Sultan IT’S a rare thing to be able to spoil yourself with appetising food and do good at the same time, which is why food pop-up fund-raiser Makan Makan at the Sultan will be a unique opportunity for both. Organised
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      • 277 30  -  By Lisa Fratini 4th Rendezvous with French Cinema SOME of the most exciting and critically acclaimed films France has to offer are making their Singapore debut at the 4th Rendezvous with French Cinema. This year’s film festival lines up 16 contemporary French films, ranging from fast-paced thrillers to comedies.
        277 words
      • Article, Illustration
        202 30  -  By Rachel Loi HotelQuickly www.hotelquickly.com GOT a year-end trip planned, but haven’t settled on your accommodation? Don’t fret just yet, because it’s not always the early bird that gets the worm. At least not when it comes to users of the app HotelQuickly a last-minute hotel-booking app that only
        202 words
      • Article, Illustration
        172 30  -  By Helmi Yusof Singapore Art Fair THE brand-new Singapore Art Fair takes place this weekend at the Suntec City Convention Exhibition Centre. It brings together art from the Middle East, North Africa, South and South-east Asia otherwise known as the Menasa region. Among the 60 galleries showing their best
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  • WINE
    • 1243 31  -  A tasting of iconic Barossa Shirazs also reveals several new gems.BY gems.BY NK YONG IT has been a long time since I last tasted a whole bunch of Australian Shiraz wines. Which prompted me to attend the “Barossa Valley Treasures” Masterclass at The Wine
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  • Page 31 Advertisements
    • 108 31 hâteau Pétrus Château Mouton Rothschild Bâtard-Montrachet Grand Cru Château Latour Ch Mares Grand Cru Château Lynch Bages Romanée-Conti Grand Cru Château Montrose Châte au Montrose Château Belgrave Château Latour Château Margaux Pommard ‘Clos des Epena Fine Rare Wine Auction 精细与罕见 392 Havelock Road Singapore Sunday 30
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  • Page 31 Miscellaneous
    • 365 31 CRYPTIC CROSSWORD Across 7 Bad weather is restricting team playing very unwelcome message (8) 9 A part of the face beginning to glow, in pain (6) 10 Film actress opposite H. Keel in 1953, significant time (1-3) 11 Violent duo out to get a transfer of power (10) 12 Still
      365 words


  • ENTERPRISE 50 2014
    • 580 1  -  In the 20 years of Enterprise 50’s existence, winners such as Tee Yih Jia Food Manufacturing, Tat Hong Holdings and Petra Foods have gone on to big things including overseas expansion and public listing. including overseas expansion and public listing. BY BY MINDY TAN HAT is
      580 words
    • 1225 2  -  Borden Company does not rest on its laurels but is continually developing and adapting its products. BY VIVIEN SHIAO vshiao@sph.com.sg @VivienShiaoBT IT IS a product that most Singaporeans associate with relief, comfort and home Eagle Brand medicated oil. it has not only stood the test of time,
      1,225 words
    • 965 4  -  Sun ray’s trial by fire made management rethink its operations. It has since become one of the largest interior builders in Singapore. BY MINDY TAN Singapore.BY MINDY TAN tanmindy@sph.com.sg @MindyTanBT THE striking gold of Sunray Woodcraft Construction’s headquarters stands in stark contrast to the
      PHOTO: YEN MING JIIN  -  965 words
    • 916 4  -  Alliances may be the secret to SME success. BY NITIN PANGARKAR T The writer is associate professor of strategy policy at NUS Business School THE business landscape in any economy is characterised by the presence of thousands of small and mediumsized enterprises (SMEs). They are often involved
      916 words
    • 1348 6  -  Construction is now one of Vigcon’s core pillars, along with its additions alteration arm.BY arm.BY CLAIRE HUANG huangjy@sph.com.sg @ClaireHuangBT JUST like how a cowboy would roam the wild wild west on his trusty steed, Teo Yeow Soon did just that in his S$3,000 pickup
      PHOTO: ARTHUR LEE  -  1,348 words
    • 954 6  -  Six in 10 Singapore small and medium-sized enterprises expect their business to grow next year. BY THEMIN SUWARDY AND MELVIN YONG BY THEMIN SUWARDY, MELVIN YONG T Themin Suwardy is associate professor of accounting (practice) at the Singapore Management University and Singapore divisional president, CPA Australia.
      954 words
    • 1028 8  -  OE Manufacturing’s founder is preparing his children for succession all part of the plan for him to retire by age 70. BY JACQUELYN CHEOK BY BY JACQUELYN CHEOK jaccheok@sph.com.sg @JacCheokBT THE last time that The Business Times checked in with James Wong, founder and managing director of
      PHOTO: YEN MING JIIN  -  1,028 words
    • 3613 10 Roundtable participants: INeo Tiam Boon, Chief Executive Officer Executive Director, TA Corporation Ltd TA Corporation Ltd is an established property and construction group in Singapore, with its main construction business principally undertaken through its wholly-owned subsidiary, Tiong Aik Construction Pte Ltd. In 2012, the group expanded
      3,613 words
    • 1020 14  -  China, Malaysia and Thailand have been identified as the most popular destinations with E50 companies looking to internationalise. BY OWI KEK HEAN, CHIU WU HONG T The writers are respectively deputy managing partner head of enterprise market segment, and head of enterprise incentive advisory, KPMG in Singapore.
      PHOTO: BLOOMBERG  -  1,020 words
    • 1305 15  -  The welding equipment and solutions that AllAlloy sells are precisely those that other companies are now on the lookout for to raise their productivity. By TEH SHI NING By TEH SHI NING tshining@sph.com.sg @TehShiNingBT IT IS rare to hear a small and medium-sized enterprise (SME) boss speak
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    • 1121 16  -  Equipment provider Aver Asia has grown five times in five years to nearly S$100m in revenue. BY CAI HAOXIANG revenue.BY CAI HAOXIANG haoxiang@sph.com.sg @HaoxiangCaiBT TO GET a sense of how Aver Asia is growing, one just needs to make a trip to its new industrial premises
      PHOTO: ARTHUR LEE  -  1,121 words
    • 1184 17  -  Sim Koon Lam stuck to his own convictions and bought out his bosses when they did not share his plans for growth. BY KENNETH LIM growth.BY KENNETH LIM kenlim@sph.com.sg @KennethLimBT IN 2007, Sim Koon Lam found himself at a crossroads. After 15 years at the Singapore subsidiary
      PHOTO: ARTHUR LEE  -  1,184 words
    • 1560 18 THE construction sector has been facing numerous headwinds in recent years, from the cutting-down of foreign manpower to rising labour and materials costs. Three E50 winners share how they have overcome these challenges to become stronger companies. Question: What are the key challenges in the construction/housing
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    • 728 18  -  By Malminderjit Singh msingh@sph.com.sg @MalminderjitBT THE offshore and marine sector may generally be going through a rough patch now but for Rotating Offshore Solutions (ROS), a strategy mix of diversification, taking on new projects and keeping costs low offers continued optimism. Set up in Singapore in
      728 words
    • 1340 19  - FASHION PROPERTY AVANT-GARDE BUILDINGS Ex-fashion distributor Kenny Tan continues to wield his design-savvy hand in the properties he builds.By builds.By LEE MEIXIAN leemx@sph.com.sg @LeeMeixianBT LINK (THM) Group differentiates itself from other developers through its focus on avant-garde design, even for usually drab developments like industrial buildings. For instance, the design
      PHOTO: YEN MENG JIIN  -  1,340 words
    • 1047 21  -  Wee Tiong director Tan Wee Beng explains how a pinch of luck, a bit of daring, and a lot of hard work have helped to transform the firm’s business. BY MINDY TAN business.BY MINDY TAN tanmindy@sph.com.sg @MindyTanBT WEE Tiong’s director Tan Wee Beng is, to borrow
      PHOTO: ARTHUR LEE  -  1,047 words
    • 1174 22  -  Huationg Holdings must realign its business strategies and harmonise internally to support further expansion, says its group GM.BY GM.BY CHAN YI WEN yiwenc@sph.com.sg @ChanYiWenBT CHERYL Lee is learning the ropes from her father, Lee Chin Tiong, founder and managing director of Huationg Holdings, a civil
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  • Page 1 Advertisements
    • 138 1 inside On eagle's wings 2 Solid foundation is key to success 4 Fashion property avant-garde buildings ...........................19 exploring new frontiers 14 Riding on productivity 15 Fashion property avant-garde buildings 19 Timing it just right 21 A firm at the crossroads 22 W 2 ]di <»* *>00 m i Mt) 0~
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  • Page 2 Advertisements
    • 149 2 ENTERPRISE Celebrating Singapore's Enterprising Spirit 2013 for 2010 2011 2012 2013 2014 V .•i ■V T iij If: >. I s r=r« m •USSSZ T.-- s 1 PAYA LEBAR SQUARE NTUC WAREHOUSE We Build To Inspire Seiko Architectural is the proud recipient of the 2014 Prestigious Enterprise 50 Award 7
      149 words


  • Page 4 Advertisements
    • 119 4 A BIG THANK YOU TO OUR VALUED CUSTOMERS AND PARTNERS Reefer Containers AWARD Flat Rack Containers 20’ Dry Containers ISO Tanks Open Top Containers BLPL Singapore owns and operates a growing container fleet of 22,000 TEUs including temperature controlled containers and special equipments for carrying odd size cargo. BLPL now
      119 words

  • Page 5 Advertisements
    • 77 5 is honoured to win the prestigious AWARD Thank you to our clients, partners and all Sunrayians for making this possible. Your one-stop solution provider Mr. Tan Teng Huat, Chairman Mdm Connie Wu, CEO for all architectural and interior fit-out works Resorts World Sentosa Mr. Tan Choon Huat, COO ESPA, Singapore
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  • Page 6 Advertisements
    • 115 6 Celebrating Singapore's Enterprising Spirit 2014 ENTERPRISE TM iUbuiiiutuman i SunPark® Electronic Parking System SunPark Wireless Car Park Availabih M wit! continually pursue Innovation Quality 'Service witlijpassion anti prate A winner of this year’s Enterprise 50, Sun Singapore Systems is the current leading cashless parking system supplier in Singapore. Ourproducts range
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  • Page 8 Advertisements
    • 138 8 ENTERPRISE Fire Protection Preferred by Leading Brands Celebrating Singapore's Enterprising Spirit 2014 c ■IB i> W 4\ 1 I 301 Hirf WE ARE HONOURED TO BE CONFERRED THE PRESTIGIOUS ENTERPRISE 50 AWARD FOR THE 3RD TIME Going the next lap Beyond Singapore to be the Most Preferred Partner in fire
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  • Page 11 Advertisements
    • 34 11 We are proud and honoured to receive the 2014 Enterprise 50 Award THANK YOU Toallourclients,suppliers,associates,employeesandfriends foryoursupportandcontributiontowardsourgrowthandsuccess. “Taking Singapore’s Chocolate to theWorld...” Richard Lee, Founder CEO Aalst Chocolate Pte Ltd AalstChocolatePteLtd 26TuasAve7Singapore*****3 T.+********** F.+**********| E.sales@aalst-chocolate.com.sg
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  • Page 14 Advertisements
    • 145 14 1960s Today At Chee Fatt we’ve been supplying high quality industrial equipment and tools for over 50 years. We started off small in1962, operating in a zinc roof hut within Singapore’s old hardware district at Sungei Road.Today, we are one of the largest distributors of industrial equipment and tools in
      145 words

  • Page 15 Advertisements
    • 157 15 Sudima Group Proud to be recognised in the Enterprise 50Awards Sudimaisanamesynonymouswithfaith,belief,successandcredibility.Ourmissionistobeoneofthemostreliable and preferred value chain partners. The company adds value by carefully assessing market needs, establishing qualitative standards while linking validated suppliers with customers. Over the years we have evolved into a successful Raw Material/Service solution company. Sudima believes in
      157 words

  • Page 16 Advertisements
    • 230 16 GOURMET PURVEYOR i\li I I MX v /V SOURCING _JS v I SERVICING i CREATING FOR THE 3 rd CONSECUTIVE YEAR! We have done it again for the third consecutive year! Indoguna Singapore is proud to be awarded the prestigious 2014 Enterprise 50 Award. For over 2 decades, we have
      230 words

  • Page 17 Advertisements
    • 66 17 THANK YOU! Our sincere gratitude to all our business partners, friends and staff. The Essential Element Responsive Reliable Resourceful AvantChem is proud to be ranked amongst the top fifty enterprises in Singapore by Enterprise 50. From humble beginnings nine years ago we have grown into a regional enterprise and are
      66 words

  • Page 18 Advertisements
    • 138 18 (Mtylindj perform better unde m m ENTERPRISE Celebrating Singapore's Enterprising Spirit 2014 Marching forward with Productivity drive to keep our cost competiveness Invest in technology and build capability Stay ahead with Research and Development J oo Winning yet again the E50 competition 0 f SR A. P WZZJst :f g
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  • Page 19 Advertisements
    • 115 19 SOVERUS Security Solutions RAISING i ENTERPRISE Celebrating Singapore's Enterprising Spirit 2014 ENTERPRISE Graded 'A' by bhe Singapore Police Force THE BAR in SECURITY STANDARDS Celebrating Singapore's Enterprising Spirit£Q GUARDING 24/7 Operations Centre Remote 'Live' CCTV Monitoring Virtual Patrol CONSULTANCY Threat Vulnerability Risk Assessment Security Master Planning Blast Effect Analysis TECHNOLOGY
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  • Page 20 Advertisements
    • 320 20 20th Anniversary ENTERPRISE TM Celebrating Singapores Enterprising Spirit 2014 onqratmanons O to all winners 1 Borden Company (Pte) Ltd 2 Sunray Woodcraft Construction Pte Ltd 3 Vigcon Construction Pte Ltd 4 O.E. Manufacturing Pte Ltd 5 AIIAIloy Pte Ltd 6 Aver Asia (S) Pte Ltd 7 Mooreast Asia Pte Ltd
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  • Page 21 Advertisements
    • 200 21 ENTERPRISE 'rD ‘Tlianf^you Celebrating Singapore's Enterprising Spirit 2014 for an amazing 2014! And what a year it has been! Serrano Limited had its Initial Public Offering on the Catalist Board of the Stock Exchange of Singapore on 28 October 2014. Throughout the year, we received the following accolades and awards:
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  • Page 22 Advertisements
    • 109 22 Another Mark of Distinction for Achieving the Enterprise 50 Award 2014 A special Thank You to all our clients, staff and associates for their continuing support and contribution to our success. Our professional difference is always putting our heart into service and setting high standards to deliver exceptional results to
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