The Business Times, 6 April 2015
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2015-04-06
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The Business Times
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Title Section25 2015-04-06 1 THE BUSINESS TIMES S$1.00 S|jh A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg G C ©BTBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 Monday, April 6, 2015G25 words
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DAILY DIGEST
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38 2015-04-06 1 development in the suburbs at about half the rentals of Grade A CBD offices could lure Google, Microsoft and others to the second phase of Mapletree Business City. TOP STORIES 438 words
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Article39 2015-04-06 1 pointed to a rout in US stocks this week after a shocker of a March jobs report. The only thing that could arrest the slide would be ebullient outlooks from Alcoa and other major companies.TOP STORIES 639 words
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Article, Illustration30 2015-04-06 1 that chairman Mohamed Alabbar and Emaar Properties, the company he founded in 1997, could soon part ways despite a denial from the firm last month. REAL ESTATE 1430 words
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Article28 2015-04-06 1 managers suffered losses last month as the US stock market’s rally stalled, but most are still boasting gains for the quarter. BANKING FINANCE 1828 words
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Article34 2015-04-06 1 an US$18 billion plan to spread the information revolution to its provinces, the problems that it faces are a holdover from the past electricity shortages, badly planned cities, and monkeys. TECHNOLOGY/2234 words
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19 2015-04-06 1 is persuading Europe’s nation of savers to open their wallets and live a little. CONSUMER/2419 words
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Article27 2015-04-06 1 a RM20 million scholarship scheme in an effort to stem as well as reverse the outflow of talent from the state. GOVT ECONOMY 2627 words
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Article28 2015-04-06 1 announced a criminal investigation into the US$2.3 billion purchase of 10 Airbus aircraft for the loss-making national carrier under the former government. TRANSPORT 2828 words
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Article25 2015-04-06 1 Weekly Change STI 3,453.75 +3.65 KL Comp 1,834.52 +21.15 Nikkei 225 19,435.08 +149.45 Hang Seng 25,275.64 +789.44 Shenzhen B 1,172.33 +22.74 Dow 17,763.24 +50.5825 words
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1475 2015-04-06 1 Lynette Khoo - Further declines in land prices are expected for the rest of this year in the face of falling selling prices for projects, say consultants By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore CAUTION about the local residential market has kept developers’1,475 words
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Advertisement97 2015-04-06 1 Hill 8 '*****1 *****4 TOPLINE Strategic decisions pay off for Ho Bee COMPANIES MARKETS 7 s s s s V A THE CLASSICAL WATCH BY ROLEX ROLEX PRESENTS THE NEW CELLINI COLLECTION, A CONTEMPORARY CELEBRATION OF CLASSICISM AND THE ETERNAL ELEGANCE OF TRADITIONAL TIMEPIECES. CONSISTING OF 12 CLASSICALLY INSPIRED MODELS,97 words
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Advertisement33 2015-04-06 1 ASIAN INFRASTRUCTURE INVESTMENT BANK A fillip to growth for the private sector VIEWS FROM THE TOP 16 AGM WATCH Companies urged to adopt non-December year-ends to avoid bunching in April top stories 233 words
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Advertisement16 2015-04-06 1 THE NAKED FINN Simple good food at the little restaurant that grew up DINING OUT 3116 words
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TOP STORIES
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Article1201 2015-04-06 2 Some upcoming shareholder meetings in April COMPANY TYPE PLACE DATE TIME Excelpoint Tech Tuan Sing Fragrance Grp Ltd Ifast Corp Magnus Energy Grp Megachem Ltd United Fiber System EMS Energy Ltd Cacola Furniture Intl M1 Cache Logistics Keppel Reit Sabana Reit TT Intl Suntec Reit BH Global China1,201 words
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1300 2015-04-06 2 Cai Haoxiang - Suggestion to avoid usual bunching of AGMs at the end of April AGM WATCH By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore ANNUAL general meeting season is here again, along with investor gripes that too many AGMs are held simultaneously towards the end of April. To1,300 words
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Article, Illustration797 2015-04-06 4 Kalpana Rashiwala - Healthcare technology group Covidien also said to be eyeing space at second phase of Mapletree Business City By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore THE attraction of a spanking new business park development in the suburbs at about half the rentals of Grade APHOTOS: MAPLETREE INVESTMENTS, ST FILE PHOTO - 797 words
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Article, Illustration894 2015-04-06 6 Rob Curran - But strong outlook reports from Alcoa and other companies reporting earnings this week can prevent a slide WALL STREET INSIGHT By Rob Curran btworld@sph.com.sg TIMBER! Stock futures pointed to a rout in US stocks this week after a shocker of a March jobsPHOTO: REUTERS - 894 words
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Advertisement29 2015-04-06 2 FROM THE HEART OF EURASIA FLY TO KAZAKHSTAN AND BEYOND r N Tel:+65 6223 8377 air astana Hong Kong Almaty 2 a week Seoul Almaty 3 a week airastana.com29 words
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Advertisement707 2015-04-06 3 HOW SATISFIED ARE YOUR CUSTOMERS? CUSTOMER SATISFACTION INDEX OF SINGAPORE 73.0 Public Education* 74.3 ITE* 73.5 Universities 79.2 SMU* 74.3 NUS 70.6 NTU 71.1 Polytechnics 76.5 Singapore* 71.6 Temasek 70.1 Ngee Ann 69.4 Republic 66.5 Nanyang 2007 72.4 Finance Insurance* 71.1 73.6 Life Insurance* 75.2 Great Eastern* 75.2 AIA 73.9707 words
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Advertisement1612 2015-04-06 4 April 2, 2015 Re: Invitation to the 2015 Annual General Meeting of Shareholders To: All Shareholders of Thai Beverage Public Company Limited Enclosures: 1. Copy of the Minutes of the 2014 Annual General Meeting of Shareholders 2. Annual report together with the report of Board of Directors and the Consolidated1,612 words
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Advertisement1546 2015-04-06 6 The Business Times Ik I 1 I /“I I 1 Toll free 1800-289-8822 I I Email notices@sph.com.sg J J i j L J www.sphclass.com.sg/notices ~l LHT HOLDINGS LIMITED Company Registration No. *****3094E (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual1,546 words
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Advertisement1569 2015-04-06 6 NOTICE OF ANNUAL GENERAL MEETING GREEN BUILD TECHNOLOGY LIMITED (Company Registration No. *****1338W) (the “Company”) GREEN BUILD TECHNOLOGY NOTICE IS HEREBY GIVEN that the Annual General Meeting of GREEN BUILD TECHNOLOGY LIMITED will be held at RELC International Hotel, 30 Orange Grove Road, Singapore *****2 on Tuesday, 21 April 20151,569 words
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COMPANIES & MARKETS
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Article, Illustration1229 2015-04-06 7 LYNETTE KHOO - The pioneer in Sentosa Cove projects shifted its focus from Singapore in good time to ride the uptrend in Australia and London.BY TTTOPLINE London.BY LYNETTE KHOO lynkhoo@sph.com.sg @LynetteKhooBT WHEN property prices rebounded sharply after the global financial crisis and cues from the SingaporeFILE PHOTO - 1,229 words
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Article, Illustration853 2015-04-06 8 ABDUL JABBAR BIN KARAM DIN - Directors should have a clear focus: their fiduciary duties to the company override any duty to individual shareholders. BY ABDUL JAB BAR BIN KARAM DIN shareholders.BY ABDUL JABBAR BIN KARAM DIN T The writer is a member of the professional development committee of the Singapore853 words
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Article, Illustration1724 2015-04-06 8 Robert Halili - INSIDE MARKETS By Robert Halili T The writer is managing director, Asia Insider Ltd DIRECTOR activity rose based on filings on the exchange during the holiday-shortened week of March 30 to April 2 with 16 companies that recorded 34 purchases worth S$9.6 million versusBT Graphic - 1,724 words
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Article, Illustration64 2015-04-06 10 STI Catalist WEEKLY straits Times index April 2,2015 3,453.75 +3.65 (+0.11%) Current streak 2 days Week high 3,454.26 Week low 3,447.01 52-week high 3,453.75 (Apr 3, 2015) 52-week low 3,167.73 (Oct 17, 2014) FTSE ST Catalist index April 2,2015 702.39 +3.11 (+0.45%) Current streak 1 day Week high 702.39 Week64 words
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Article, Illustration669 2015-04-06 10 R Sivanithy - STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT WAS it a good thing that Wall Street was closed on Friday and couldn’t react to the shockingly weak March US jobs report? These days it’s hard to be sure, though on balance, you’d669 words
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Article317 2015-04-06 10 Stock name Close Change Wk high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 260 +4 260/255 263 219 5.5 6573.7 CapitaLand 357 -3 367/357 371 290 13.1 2.5 *****.5 CapitaMall Trust 222 +6 224/216 226 188.5 4.9 7701.2 CityDev 1019 cd +1 1021/1000 1118 915317 words
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Article, Illustration36 2015-04-06 10 STI FTSE ST All-Share WEEKLY ftse ST All-Share index April 2,2015 826.96 +0.71 (+0.09%) Current streak 2 days Week high 827.18 Week low 825.48 52-week high 826.96 (Apr 3, 2015) 52-week low 766.44 (Oct 17, 2014)36 words
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Article78 2015-04-06 10 BY CENTS CLOSE UP 52w high/low DBXT Nifty US$ ***** 479.4 2.6 *****/***** DBXT China50 US$ 3625 260.8 5.6 3643/2699 Lyxor ChinaH US$ 1735 142.6 6.4 1735/1280 DBXT MSCHINA US$ 1501 116.8 6.1 1501/1145 Jardine C&C 4200 80.0 1.9 4901/3850 BY PERCENTAGE CLOSE UP 52w high/low Ntegrator W*****3 0.778 words
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Article80 2015-04-06 10 BY CENTS CLOSE DOWN 52w high/low IS S&P500 US$ ***** -169.8 -0.6 *****/***** DBXT MSEurope US$ 5886 -167.1 -2.0 6492/5366 DBXT USDIGIfl US$ ***** -129.0 -0.3 *****/***** DBXT STGLDv US$ 3128 -114.1 -2.6 3542/3081 DBXT MSJAP US$ 5034 -104.6 -1.5 5111/4260 BY PERCENTAGE CLOSE DOWN 52w high/low Ezion MBeCW*****480 words
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Article83 2015-04-06 10 VOL CLOSE($) CHANGE IPC Corp 56,726.6 0.200 +0.028 +16.28 BlackGoldNatural 68,613.0 0.260 -0.015 -5.46 Net Pacific Fin 6.0 0.028 -0.003 -9.68 Foreland FabriT 1,059.0 0.010 -0.005 -33.33 ES 1,162.7 0.142 -0.048 -25.26 Cedar Strategic 3,758.0 0.002 +0.001 +100.00 Matex Intl^ 825.0 0.070 -0.009 -11.39 Ellipsiz 82,366.4 0.141 +0.01083 words
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Article33 2015-04-06 10 VOLUME SinoConstruction 244,827,100 IHC 213,368,800 Ellipsiz 181,962,300 SIIC Environment 170,987,400 Vallianz 136,795,600 Market volume 6,293,782,000 VALUE Singtel 299,247,278 UOB 261,837,472 DBS Grp 226,703,488 CapitaLand 199,857,172 Global Logistic 190,295,325 Market value 4,274,660,00033 words
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Article110 2015-04-06 10 Fund Last sale +/-(‘000) Wk high/low 52w high/low Buy/Sell Mcap IS MS India US$ US787 +30 1144 791/761 1000/636 785/787 98.4 STI ETF 344 -1 637 346/343 349/319 344/345 Lyxor World US$ US176.8 +0.3 556 176.8/176.5 179.1/160.8 176.1/177 17.7 UETF SSE50China 265 +12 544 271/258 271/140110 words
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Article121 2015-04-06 10 COMPANY MEETING PLACE DATE TIME Excelpoint Tech A Grand Mercure Roxy S’pore 50 East Coast Road Roxy Square (Lvl 3) Meyer Frankel Room 08-Apr 3.00pm Tuan Sing Hldgs A NTUC Centre 1 Marina Boulevard Room 801 (Lvl 8) 09-Apr 11.00am Fragrance Grp Ltd A 168 Changi Rd #05-01121 words
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Article77 2015-04-06 10 Apr 2 VALUE CLOSE BT OB/OS 409.00 +48.00 BT CADI -*****.00 +31.00 BT 10-day MA -*****.00 +41.00 FTSE ST Mid Cap 784.30 +1.30 FTSE ST Small Cap 484.82 -0.19 FTSE ST All Share 826.96 +1.46 FTSE ST China Top 196.54 +0.06 FTSE ST China 237.67 -0.01 FTSE77 words
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Article, Illustration35 2015-04-06 10 STI MSCI EAFE WEEKLY MSCI EAFE index April 3, 2015 1,872.87 +3.04 (+0.16%) Current streak 3 days Week high 1,872.87 Week low 1,849.34 52-week high 1,993.20 (July 4, 2014) 52-week low 1,729.52 (Jan 9, 2015)35 words
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Article186 2015-04-06 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 11 3 3 0 0 0 11 3 3 Manufacturing 68 67 34 9 13 14 77 80 48 Commerce 25 28 22 6 11 2 31 39 24 Tpt/Stor/Comms 20 18 4186 words
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Article123 2015-04-06 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 71,557 71,557 290,944 290,944 Manufacturing 579,618 317,726 897,344 361,041 15,604 376,645 Commerce 282,677 381,980 664,657 277,937 34,159 312,096 Tpt/Stor/Comms 540,165 10,042 550,207 731,842 700 732,542 Finance 69,288 1,689 70,977 732,437 421 732,858 Construction 342,455 91,105123 words
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774 2015-04-06 10 COMMODITIES AFP London WORLD oil prices sank last week as traders eyed a possible Iran nuclear energy deal that could ease sanctions on the crude producer and potentially add to global oversupply. In late Thursday afternoon deals, Brent crude tumbled more thanAFP - 774 words
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418 2015-04-06 11 CURRENCIES BLOOMBERG New York THE dollar slid for a third week, capping the longest streak of losses in almost a year, as a report showing cracks in the US labour market threatened the outlook for interest-rate increases. The greenbackBLOOMBERG - 418 words
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FOREX RATES
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Article471 2015-04-06 11 Apr 2 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.958 4.705 0.701 5.885 47.209 98.616 0.907 8.307 2.786 1.014 77.290 33.747 1.031 9.076 0.731 23.626 24.624 0.511 0.759 Canada 1.044 4.912471 words
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Article155 2015-04-06 11 Apr 2 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0309 1.0318 0.7590 0.7591 Canadian dollar 1.0764 1.0774 0.7926 0.7925 Euro 1.4696 1.4709 1.0820 1.0822 NZ dollar 1.0163 1.0174 0.7483 0.7485 Sterling pound 2.0165 2.0185 1.4847 1.4851155 words
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Article21 2015-04-06 11 Apr2 S$ Bid Offer 1-month 1.3591 1.3604 2-months 1.3600 1.3613 3-months 1.3608 1.3623 6-months 1.3636 1.3652 Source: OCBC21 words
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BANK RATES
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Article154 2015-04-06 11 Apr 2 $S Offer Bid 0vernight 0.10 0.07 1-month 0.875 0.75 2-months 0.9375 0.8125 3-months 1.0625 0.9375 Overnight mode: 0.25 US$ Offer Bid 7 days 0.17 0.07 1 month 0.23 0.13 2 months 0.28 0.18 3 months 0.40 0.20 6 months 0.60 0.40 9 months 0.70 0.50 12154 words
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Article36 2015-04-06 11 Apr 2 1 mth 1 mth 0.***** 2 mths 3 mths 1.***** 6 mths 1.***** 9 mths 12 mths 1.***** SWAP Offer rates 1 mth 1.***** 3 mths 1.***** 6 mths 1.***** Source: Thomson Reuters36 words
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Article69 2015-04-06 11 Apr 2 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 102.44 102.48 102.43 5-Year N*****0H 1.625 01-Oct-19 99.67 99.71 99.65 10-Year NY*****H 3.000 01-Sep-24 107.23 107.40 107.20 15-Year NY*****E 2.875 01-Jul-29 105.36 105.50 105.20 20-Year NZ*****V 3.375 01-Sep-33 110.7269 words
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EQUITY BONDS WARRANTS FUTURES
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Article357 2015-04-06 11 Apr 3 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES SPOT *****.92 *****.05 *****.50 Apr15 *****.50 *****.50 *****.00 *****.50 *****0 *****4 May15 *****.00 *****.00 *****.50 *****.00 1986 2177 NIKKEI 225 INDEX FUTURES SPOT *****.04 *****.08 *****.04 Jun15 *****.00 *****.00 *****.00 *****.00 *****6 *****5 Sep15357 words
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212 2015-04-06 11 Apr 02 Prem Expiry Wk Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Rowsley Ltd W*****3 3.3 0.7 ***** 1 18 18 UOB MB eCW*****1 11.2 -2.1 ***** 0.1 2380 3 OCBC Bk MB eCW*****3 10.2 -0.7 ***** 0.2212 words
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373 2015-04-06 11 In local curr In S$ In US$ dy yr dy yr dy yr Apr 3 Index Change Change Change Change Change Change World Preliminary 1335.4 0.1 4.7 0.1 4.9 0.1 2.4 EAFE Preliminary 1094.7 0.1 10.9 0.1 8.2 0.1 5.5 Europe Preliminary 1542.3 0.0 11.6373 words
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AGRI METALS ENERGY
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Article216 2015-04-06 11 Apr-2 Prrc W«tttUfTJD ‘'•dan^e ostTraae Agricultural CEC1 *&C0 4?3 0. Ji A<n-2 UOEOOje ami iayoam (311(5 ainBfll)) 035 I M% UC50Q15 t:ii(u wtaii nih cvnwrad >A IJ.’% TMwpini IFI-l; (i««(EM«n mm T v«p 3VK A|tf-2 Tl/Wi77Ptli WtEWIwllBWOTPH) *.J7$rr 7? ft. \H0> ifiW.TII'' UfH WWtt 2 EDI HlQABind MT31216 words
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Article, Illustration656 2015-04-06 12 Lynette Khoo - Over 150 units sold at Botanique at Bartley, and over 300 units sold at North Park Residences in Yishun By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore TWO Singapore-listed developers started sales for their new condominium projects over the weekend. UOL Group said it656 words
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Article1935 2015-04-06 12 Payment Ex Rec Pay Ann (cts) date date date date Adv Integrated Mufg ak 0.230 06-May 08-May 20-May 27-Feb AIMS Property Sec Fd (1 Jan-31 Mar 2015) ag 0.179 27-Mar 31-Mar 19-Jun 24-Mar ARA Asset Mgmt ak 2.700 30-Apr 05-May 19-May 17-Feb Aspial Corp Ltd ca 0.800 08-May1,935 words
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Article265 2015-04-06 12 Apr 2 BANKS Agricultural Bank Of China 5.50 Agricultural Bank Of China Bangkok Bank Public Co. Ltd 6.00 ANZ Singapore Bank of Communications Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited 5.50 Bank of Tokyo-Mitsubishi 5.50 Banque Internationale a 5.75 Bank of Singapore 5.50 Bank265 words
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Article1580 2015-04-06 12 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 Industrial REIT 1.50 1.50 2 9.85 15.08 1.66 1.49 Amtek Engineering Ltd 2.00 2.00 2 0.06 7.52 0.83 0.63 ARA Asset Management Limited 1.671,580 words
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Advertisement136 2015-04-06 7 AccountStaff A Stone Forest Company PERMANENT PLACEMENT EXECUTIVE SEARCH Finance Accounting Specialisation Globally Connected RSM International i'n .to?, Partnering You in Your Manpower Needs www.AccountStaff.com.sg info@accountstaff.com.sg T+65 6594 7946 r EA Licence No.: 06C5809 Discover Arabian treasures with daily flights on Oman Aif^n With its charming traditions, Muscat in Oman136 words
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Advertisement1002 2015-04-06 8 THE BUSINESS TIMES Ik II I 1 Toll free 1800-289-8822 I I I Email notices ysph.com.sg M I I i B j ij www.sphdass.com.sg/notices ISETAN (SINGAPORE) LIMITED Company Registration No. *****1177H (Incorporated in the Republic of Singapore) (the “Company”) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the1,002 words
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Advertisement2255 2015-04-06 13 14 SMG SINGAPORE MEDICAL GROUP Singapore Medical Group Limited Company Registration Number *****3187W (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting ("AGM") of Singapore Medical Group Limited (the “Company") will be held at 290 Orchard Road. #17-11 The2,255 words
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Advertisement3514 2015-04-06 13 NSL LTD (Incorporated in Singapore) Company Registration Number *****0107C NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 55th Annual General Meeting of NSL LTD. (the “Company”) will be held at Bridge Rooms 1, 2 and 3, Raffles Marina, 10 Tuas West Drive, Singapore *****4 on 28 April3,514 words
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REAL ESTATE
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Article, Illustration1010 2015-04-06 14 Shareholders stirred by Emaar’s brain drain and chairman’s involvement in other firms’ projects REUTERS Dubai AS chairman of Emaar Properties, Mohamed Alabbar has shaped much of Dubai’s skyline, but rapid growth in his outside real estate interests is raising the possibility of aREUTERS; PHOTO: REUTERS; PHOTO: BLOOMBERG - 1,010 words
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Article, Illustration1158 2015-04-06 14 NYT New York HERE’s an old story: Your favourite dive bar/record shop/little Cuban restaurant gets turned into a Citibank/Apple store/luxury condominium. You pass through denial, anger, bargaining, depression, then inevitably settle into acceptance. For nearly a decade, Jeremiah Moss has beenNYT; PHOTO: NYT - 1,158 words
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150 2015-04-06 14 REUTERS Dubai DUBAI property developer DAMAC will consider taking an equity stake in a project to build a 50-storey mixed-use tower in central London, which would mark its entry into the British market, it said on Sunday. The second biggest DubaiREUTERS - 150 words
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Advertisement27 2015-04-06 14 Paya Ubi Industrial Park SALE $350psf ONWARDS 5,000 to 7,500 sq ft Own parking space (not inclusive in listed area) Tel:9090 2222 53 Ubi Avenue 1 #01-1127 words
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Advertisement792 2015-04-06 15 THE BVI BUSINESS COMPANIES ACT, 2004 NOTICE OF LIQUIDATOR'S APPOINTMENT NOTICE is hereby given that PRACTICAL ASIA LIMITED is in liquidation and that Liew Khee Soon of 35B Mosque Street Singapore *****3 has been appointed as the voluntary liquidator of the Company by resolution of the sole member dated 26th792 words
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VIEWS FROM THE TOP
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Article, Illustration2113 2015-04-06 16 THIS WEEK’S TOPIC: What opportunities will the new Asian Infrastructure Investment Bank (AIIB) open up for the private sector? Mark Newman CEO ING Commercial Banking Asia GOOD infrastructure underpins economic development in many Asian countries. For the last decade, there has been a huge demand for2,113 words
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Advertisement31 2015-04-06 16 4Want access to BBQ pits? If you're looking for your dream condo complete with facilities, turn to the Print Classified Properties section. To advertise, call the Print Classified Hotline: 1800-289 9988.31 words
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BT-CITIBANK YOUNG INVESTORS’ FORUM
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Article, Illustration1437 2015-04-06 17 Keith wade, Azad Zangana, Craig Botham - While there is evidence for secular stagnation, it’s clear the recovery from the global financial crisis was always going to take a while By Keith wade, Azad Zangana, Craig Botham The writers are respectively Schroders chief economist, senior European economist, and emerging marketsPHOTO: REUTERS - 1,437 words
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847 2015-04-06 17 POLITICAL risk is back in the UK. Having just recently avoided a break-up of the political and economic union, the UK is preparing to hold a general election as the fixed five-year parliamentary term comes to an end. The election on May 7 is847 words
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Article, Illustration771 2015-04-06 17 Fiona Lam - STARTING YOUNG By Fiona Lam fionalam@sph.com.sg IF you are dipping your toes into the markets and are about to make your first investment, consider the safer products: bonds, blue chips, exchange traded funds (ETFs), and real estate investment trusts (Reits). That was the advice to undergraduatesPHOTO: NTU-IIC - 771 words
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Advertisement105 2015-04-06 17 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 to105 words
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BANKING & FINANCE
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438 2015-04-06 18 But most of the hedge funds are still boasting gains for the quarter REUTERS Boston SOME of the world’s most prominent hedge-fund managers suffered losses last month as the US stock market’s rally stalled, but most are stillREUTERS - 438 words
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763 2015-04-06 18 IFR Hong Kong ASIAN banks are bracing for the impact of new capital adequacy rules, even if the region’s regulators choose not to follow global proposals on total loss-absorbing capacity, or TLAC. Lenders in Asia have been largely exempt from the debateIFR - 763 words
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286 2015-04-06 18 BLOOMBERG Chicago COMMERZBANK AG and government lawyers gained federal court approval of a US$1.45 billion agreement to defer prosecuting the lender for violating US laws, including sanctions on doing business with Iran and Sudan. Under the accord, Germany’s second-largest lender will pay penalties toBLOOMBERG - 286 words
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Advertisement2551 2015-04-06 18 The Business Times L P Toll free 1800-289-8822 fl I Email notices@sph.com. sg i i L J www.sphclass.com.sg/notices BAKER TECHNOLOGY LIMITED (Unique Entity Number: *****0637D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Baker Technology Limited (the2,551 words
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ENERGY & COMMODITIES
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Article, Illustration924 2015-04-06 19 Exports of sorghum from the US are headed for the most in 35 years with most of it going to China WP Chicago ACROSS the Great Plains, farmers are turning to a little-known grain called sorghum for relief from a two-yearWP; PHOTO: AFP - 924 words
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1153 2015-04-06 19 NYT Prague, Oklahoma YANKED without warning from a deep sleep, Jennifer Lin Cooper, whose family has lived near here for more than a half-century, could think only that the clamour enveloping her house was coming from a helicopter landing on her roof.NYT - 1,153 words
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Advertisement2026 2015-04-06 19 COLEX HOLDINGS LTD Colex Holdings Limited Registration No. *****1485G (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the Conference Room, Level 1, 8 Tuas South Street 13, Singapore *****3, on Tuesday,2,026 words
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TECHNOLOGY
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Article, Illustration1108 2015-04-06 20 As innovation landscape shifts over time, any city could be the next Silicon Valley WP Washington SEVENTY years ago, Detroit was the technology capital of the US. Seventy years earlier, at the height of steel’s golden age,WP; PHOTO: BLOOMBERG - 1,108 words
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Article, Illustration670 2015-04-06 22 Current projects ambitious but long-term feasibility required REUTERS Varanasi, India AS INDIA launches an US$ 18 billion plan to spread the information revolution to its provinces, the problems that it faces are a holdover from the past electricity shortages, badly planned, jam-packed cities, andREUTERS; PHOTO: REUTERS - 670 words
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507 2015-04-06 22 REUTERS New York SOME top shareholders of IBM, disappointed by 11 straight quarters of falling revenues, are seeking help from activist investors to shake up the company, but have been turned down by both Bill Ackman’s Pershing Square and JeffreyREUTERS - 507 words
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Advertisement1745 2015-04-06 20 Keppel Infrastructure Trust (Registration No. *****02) (Constituted in the Republic of Singapore as a business trust pursuant to a trust deed dated 23 July 2009 (as amended)) Notice Of Extraordinary General Meeting NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Keppel Infrastructure Trust (“KIT”) will be held at1,745 words
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Advertisement3202 2015-04-06 21 spackmanentertoinmentgroup SPACKMAN ENTERTAINMENT GROUP LIMITED (Company Registration No.: *****1201 N) (Incorporated in the Republic of Singapore) NOTICE OF FIRST ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the First Annual General Meeting of Spackman Entertainment Group Limited (the “Company”) will be held at Orchid Country Club, 1 Orchid Club Road,3,202 words
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Advertisement2992 2015-04-06 21 CHIP ENG SENG CORPORATION LTD. (Incorporated in Singapore) (Registration No. *****5196H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Riverfront Ballroom 1 (Level 2), Grand Copthorne Waterfront Hotel, 392 Havelock Road, Singapore *****3 on Thursday, 23 April2,992 words
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Advertisement2973 2015-04-06 22 GLOBAL TESTING CORPORATION LIMITED (Incorporated in Singapore) (Registration No. *****9582R) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the Sheraton Towers Singapore, Diamond Room, Lower Lobby 39 Scotts Road, Singapore *****0 on Wednesday, 29 April 2015 at2,973 words
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Page 23 Advertisements
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Advertisement2990 2015-04-06 23 CHARISMA ENERGY SERVICES LIMITED (formerly known as YHM Group Limited) (Incorporated in the Republic of Singapore) (Company Registration No. *****6776D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of Charisma Energy Services Limited (the “Company”) will be held at Ballroom 3, The Singapore2,990 words
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Advertisement2833 2015-04-06 23 SUNPOWER GROUP LTD. (Company Registration No. *****) (Incorporated in Bermuda with limited liability) (the “Company”) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2015 Annual General Meeting of the Company will be held at Level 6, Vanda 4, Marina Mandarin Singapore, 6 Raffles Boulevard, Marina Square, Singapore2,833 words
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CONSUMER
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370 2015-04-06 24 BLOOMBERG London MARKS Spencer Group plc said its long-awaited return to clothing sales growth was partly down to a new suede skirt that hasn’t even gone on sale yet. The UK retailer wooed the fashion world in February, as style icons Alexa ChungBLOOMBERG - 370 words
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Article, Illustration733 2015-04-06 24 Retail sales is rising, thanks to lowest jobless rate since reunification and oil price drop BLOOMBERG Berlin GERMANY’S record low unemployment is persuading Europe’s nation of savers to open their wallets and live a little. Take Olaf Heintze, who splashed some of hisBLOOMBERG; PHOTO: BLOOMBERG - 733 words
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576 2015-04-06 24 BLOOMBERG Prague DRIFTING through the aisles of a Kontynent supermarket in Kiev, Mykhaylo Ilchuk was learning what it takes to downsize his personal life. Instead of the usual half-loaf of fresh-baked brown bread, the 58-year-old Ukrainian vocal coach opted for a quarter.BLOOMBERG - 576 words
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Page 24 Advertisements
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Advertisement1906 2015-04-06 24 CDW HOLDING LIMITED (Incorporated in Bermuda on 2 April 2004) (Bermuda Company Registration Number: *****) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting of CDW Holding Limited (the “Company”) will be held at Changi Room 1, Holiday Inn Singapore Atrium, 317 Outram Road, Singapore1,906 words
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GOVERNMENT & ECONOMY
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Article, Illustration724 2015-04-06 25 REUTERS Kusatsu HIROTOSHI Ogura, a self-described “factory geek”, is Daikin Industries’ master of doing more with less and part of the reason Japan’s recovery remains stuck in the slow lane. As Japan heads into the season of peak demand for room air-conditioners,REUTERS; PHOTO: REUTERS - 724 words
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143 2015-04-06 25 REUTERS Beijing CHINA’S government released on Sunday a framework to develop sprawling urban areas along the Yangtze River as it moves forward with a decade-long ambition to turn the Chinese heartland into a major economic belt. Although no specific investment details wereREUTERS - 143 words
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754 2015-04-06 25 Anthony Rowley - Personal consumption, corporate capital investment haven’t increased, say economists By Anthony Rowley btworld@sph.com.sg Tokyo HAVING arranged for trillions of yen of financial liquidity to be pumped into the nation’s economy over the past two years, Japanese Prime Minister Shinzo Abe’s government is now754 words
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Article, Illustration967 2015-04-06 26 Severity of dry spell, now in its fourth year, is forcing a change in the way the state does business NYT Los Angeles FOR more than a century, California has been the state where people flocked for a better life 425,000 square kilometresNYT; PHOTO: AFP - 967 words
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448 2015-04-06 26 Pauline Ng - By Pauline Ng btworld@sph.com.sg Kuala Lumpur PENANG has launched a RM20 million (S$7.4 million) scholarship scheme in an effort to stem as well as reverse the outflow of talent from the state. Chief Minister Lim Guan Eng, in launching the448 words
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578 2015-04-06 26 AFP Washington AFTER years of turning a deaf ear to pressure, US businesses are digging into their pockets to improve the lot of the lowest-paid workers, but also their own images. Faced with a mounting campaign toAFP - 578 words
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Page 25 Advertisements
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Advertisement2335 2015-04-06 25 CDW HOLDING LIMITED (Incorporated in Bermuda on 2 April 2004) (Bermuda Company Registration Number: *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of CDW Holding Limited (the “Company”) will be held at Changi Room 1, Holiday Inn Singapore Atrium, 317 Outram Road, Singapore2,335 words
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Page 26 Advertisements
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Advertisement0 2015-04-06 26 }|}<&+"-+*.@`"/@<|~\{\"/`{?=\`"0 words
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Page 27 Advertisements
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Advertisement2136 2015-04-06 27 MUN SIONG ENGINEERING LIMITED Company Registration No. *****0250M (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of MUN SIONG ENGINEERING LIMITED (the “Company”) will be held at 35 Tuas Road, Jurong Town, Singapore *****6 on Wednesday 22nd April2,136 words
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Advertisement3322 2015-04-06 27 SAKAE HOLDINGS LTD. (Incorporated in Singapore on 2 July 1996) (Company Registration Number: *****4816E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sakae Holdings Ltd. (the “Company”) will be held at 28 Tai Seng Street, Sakae Building, Level 7, Singapore *****6, on Tuesday,3,322 words
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TRANSPORT
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Article, Illustration516 2015-04-06 28 Inquiry finds corruption in Sri Lankan Airlines’ US$2.3b purchase under previous govt AFP Colombo SRI LANKA’S new government has announced a criminal investigation into the US$2.3 billion purchase of 10 Airbus aircraft for the island’s loss-mak-ing national carrier under the former government.AFP; PHOTO: AFP - 516 words
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991 2015-04-06 28 James Stewart - By James Stewart NYT New York I LEARNED to drive in my father’s black 1967 Cadillac, which my friends and I called the “Batmobile”. With its fins, three-metre wheelbase and at 2,120 kilogrammes, there was no mistaking it for a Mercedes, not that anyNYT - 991 words
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543 2015-04-06 28 NYT New York LAST year, Sean Donahue, a 37-year-old marketing director at a branding firm near San Diego, attended the Consumer Electronics Show in Las Vegas, where amid virtual reality goggles and 4K televisions he saw a design that struck himNYT - 543 words
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Article, Illustration433 2015-04-06 28 REUTERS Brussels A EUROPEAN regulator found “issues” with Germany’s aviation authority in a regular review of air safety enforcement, the European Commission said. Its statement on Saturday did not say when the review was carried out, but The Wall Street Journal said theREUTERS - 433 words
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400 2015-04-06 28 REUTERS Hanoi VIETNAM’S low-cost carrier Vietjet Air aims to double net profit to US$50 million this year and is eyeing new joint ventures with airlines in South Korea, Japan and Taiwan, its managing director said. The four-year-old airline, which ordered US$9 billionREUTERS - 400 words
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Advertisement51 2015-04-06 28 NOTICE TO CHENNAI TRADE In order to restore rates to more realistic levels, a freight increase will apply to all SOC shipments loaded on after 1st May 2015 as follows: Singapore Port Klang Chennai USD 80 teu Laden Chennai Singapore Port Klang USD 35 teu Laden Bengal Tiger Line Pte51 words
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Advertisement556 2015-04-06 29 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MIDLAND NATURAL PTE. LTD. Co. Reg. No. *****6323G (In Members’ Voluntary Winding Up) MEMBERS’ VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 60 Rukmani556 words
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Advertisement406 2015-04-06 29 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF AMTEK HOLDINGS PTE LTD (In Members’ Voluntary Liquidation) (Co. Registration No. *****0602K) At an Extraordinary General Meeting of the Company duly convened and held at 1 Sophia Road, #05-03, Peace Centre, Singapore *****9 on 31st March406 words
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Advertisement3691 2015-04-06 29 PLASTOFORM HOLDINGS LIMITED (Company Registration No.: *****) (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of PLASTOFORM HOLDINGS LIMITED (“the Company”) will be held at Grand Mercure Roxy Hotel, 50 East Coast Road, Roxy Square, Roxy 1 Room, Level 4, Singapore3,691 words
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1935 2015-04-06 30 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 HAN SYMPHONY 1 60 8/4 9/4 13/4 17/4 MALAYSIA STAR 44 50 8/41,935 words
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Advertisement104 2015-04-06 30 Experienced sh;p maintenance services wanted. Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 SHIPPING TIMES Make A Splash In The Maritime World Via s|£i maritime.coM Ahoy there! If you are in a business pertaining to any sector of the maritime104 words
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DINING OUT
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Article, Illustration980 2015-04-06 31 JAIME EE - The Naked Finn comes of age with its unstinting focus on freshness. BY JAIME EE jaime@sph.com.sg @JaimeEeBT NEW RESTAURANT The Naked Finn Block 39 Malan Road Gillman Barracks Tel: 6694-0807 (Call after 12pm) Open for lunch and dinner Mon to Sat: 12pm to 3pm;6pmPHOTOS: JAIME EE - 980 words
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Advertisement632 2015-04-06 31 Enhance Interpersonal Relationships For A Fulfilling Work Environment Who should attend: Middle to Senior Management, Team Leaders Supervisors and Marketing Sales Professionals. FULL-DAY WORKSHOPS A Rock Solid Client Relationship Click With People Quickly, Even Those You Don't Fancy Positive relationships create the foundation for success for individual as well as632 words
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LIFE & CULTURE
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Article, Illustration1533 2015-04-06 32 With government subsidies being cut back, they need income from art sales to close budget gaps, make repairs or finance expansions NYT Münster, Germany THE director of the art museum here dreads the idea of losing some of his town’s biggest cultural attractions. He worriesNYT; PHOTO: NYT - 1,533 words
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Article, Illustration195 2015-04-06 32 Kelly Tay - Pro Bono accountancy services By Kelly Tay kellytay@sph.com.sg @KellyTayBT ACCOUNTANTS and finance professionals will soon have a new platform to volunteer their skills for the greater good. CPA Australia and Singapore Accountancy Commission (SAC) have started a new initiative called Pro Bono Accountancy Singapore, to encourage skilled volunteering195 words
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Page 32 Miscellaneous
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Miscellaneous306 2015-04-06 32 CRYPTIC CROSSWORD Across 1 Endless banter with line I’m spinning (12) 9 Lad with catapult taking tumble (9) 10 Capital of Sweden? (5) 11 Tremble madly, hugging figure (6) 12 Bit by dog, mine unfortunately, after seconds (8) 13 One sketches model’s middle comparatively naked (6) 15 Sun spread rejected306 words
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