The Business Times, 29 September 2015

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Total Pages: 38
1 12 The Business Times
  • 34 1 THE BUSINESS TIMES 2015 SOCIETY OF NEWS DESIGN EXCELLENCE AWARD■BEST IN OVERALL REDESIGN■ S$1.00 q:h A SINGAPORE PRESS HOLDINGS PUBLICATION wvvw.businesstimes.com.sg [3 D@BTBreakingnews CO REGN NO ’l*****868E MCI (P) 039/08/2015 Tuesday. September 29. 2015
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  • Article, Illustration
    167 1 Ultra Clean Technology has launched in Singapore what is believed to be the largest 3D printing facility in South-east Asia. TOP STORIES 4 The MAS has accepted S$413.16 million in Singapore Savings Bonds applications from 19,505 individuals. TOP STORIES 5 Shares in TTJ Holdings continued their climb after
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  • 27 1 MARKETS Monday Change STI 2,791.92 -40.72 KL COMP 1,608.43 -6.58 NIKKEI 225 17,645.11 -235.40 HANG SENG CLOSED SHENZHEN B 1,041.84 +16.31 DOW (11.45am EDT) 16,104.78 -209.89
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  • 1007 1  -  With time running short, PM Lee insists new team of leaders must be ready to take over from him and his senior ministers after next election By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore SEVENTEEN days after sweeping to a convincing general election victory, Prime Minister
    PHOTO: SEAH KWANG PENG/THE STRAITS TIMES  -  1,007 words
  • 414 1  - STI slips below 2,800 its lowest since end-June 2012 By R Sivanithy sivan@sph.com.sg @RSivanithyBT Singapore THE Straits Times Index (STI) on Monday lost its grip on the psychologically important support of 2,800 when it dropped 40.72 points or 1.44 per cent to 2,791.92, its lowest since end-June 2012. It was
    Source: Bloomberg  -  414 words
  • Page 1 Advertisements
    • 103 1 8 "*****1 *****4 GOING GLOBAL Electronic components maker SCI banks on franchise model SME/26 SGX CLOSING PRICES In response to growing interest in stock investing, BT is collaborating with SGX to publish closing prices of SGX-listed stocks in the Companies and Markets section page 12 Classique Hora Mundi 5717 A
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    • 26 1 NORWEGIAN DEAL Norway’s largest bank DNB ASA buys 7% of Ezra COMPANIES MARKETS 6 GETTING CHEAPER Non-landed private homes fall 0.6% in Aug real estate /14
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    • 20 1 WOMEN ONLY CDL and IOI Group’s The South Beach hotel will have 3 floors for women travellers REAL ESTATE 12
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    • 10 1 Full details of PM Lee’s new Cabinet, Page 2 4
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  • TOP STORIES
    • 451 2 and other office holders Prime Minister Lee Hsien Loong, 63 dpm and Coordinating Minister for National Security Teo Chee Hean, 60 DPM and Coordinating Minister for Economic and Social Policies Tharman Shanmugaratnam, 58 Coorinating fo Economic al Polces aratnam, 58 TRADE AND INDUSTRY Minister (Trade) Lim Hng
      BT Illustration: Ludwig llio BT Graphics  -  451 words
    • 671 2  -  Next year’s Budget to be presented later than usual to give him enough time to prepare it and to give Parliament time to debate President’s address NEW CABINET By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore NEXT year’s government Budget will be presented after February
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    • 470 4  -  He has also been given the portfolio of Coordinating Minister for infrastructure NEW CABINET By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore KHAW Boon Wan was widely tipped to become the new Transport Minister. So it wasn’t a surprise that he was
      PHOTO: SEAH KWANG PENG/THE STRAITS TIMES  -  470 words
    • 424 4  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT NASDAQ-LISTED semiconductor firm Ultra Clean Technology (UCT) on Monday launched in Singapore what is believed to be the largest and most comprehensive commercial 3D printing facility in South-east Asia, marking another step forward in the
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    • 611 4  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore AS demand for space moderates amid an uncertain economic outlook, Singapore’s strata commercial sector is expected to remain muted in the second half of the year, a biannual research bulletin said.
      Source: REALIS (as at 26 August 2015), Knight Frank Research  -  611 words
    • 463 5  -  Applications from 19,505 individuals amount to more than S$413 million By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore THE first issue of Singapore Savings Bonds (SSBs) has sucked up a substantial amount of funds from retail investors, but market watchers do not think
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    • 873 5 REUTERS Hong Kong FUND managers are adding new warnings to China investment products in a bid to reduce their legal liability if regulators repeat the heavy-handed intervention in financial markets that rattled investors globally. Hedge funds, asset managers and exchange traded fund
      REUTERS  -  873 words
    • 310 5  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore NG Kok Siong, the current executive vice-president of urban investment and development company Singbridge, will be the CEO of the Singa-pore-Sino Guangzhou Knowledge City as of Oct 15, said a press release from
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  • Page 4 Advertisements
    • 225 4 Automobile Association of Singapore Presents Asia Pacific Road Safety Mobility Conference 2015 f AUTOMOBILE ASSOCIATION OF SINGAPORE 28 29 October 2015 Mandarin Orchard, Singapore m 5?.v, i J"-' ojCt ■->?■ jpu'-HS KE Re9 Ho'** A Peek into the Future of Road Safety Mobility Organised by Automobile Association of Singapore and
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  • Page 5 Advertisements
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  • COMPANIES & MARKETS
    • 622 6  -  7.04% stake comes from S$24.84 million off-market purchase of 207 million shares at S$0.12 each By Melissa Tan melissat@sph.com.sg @MelissaTanBT Additional reporting by Tan Hwee Hwee Singapore NORWAY’S biggest bank has shelled out S$24.84 million for a 7.04 per cent stake in
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    • HOT STOCKS
      • 472 6  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore SHARES in structural steel specialist TTJ Holdings continued their climb on Monday after the company announced that it will return some of its cash hoard to shareholders. Trading activity also heated up further with two block trades
        Source: Bloomberg  -  472 words
      • 475 6  -  By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore A BROAD market retreat on Monday resulted in the Straits Times Index (STI) falling 40.72 points to 2,791.92, its lowest level since the end of June 2012. Singtel, the largest traded stock on the exchange, saw a
        Source: Bloomberg  -  475 words
    • 646 7 The number of companies that have joined the initiative for excellence in corporate governance now stands at 70 SIAS CORPORATE GOVERNANCE WEEK Singapore THE Securities Investors Association (Singapore) is holding the 6th Singapore Corporate Governance Week 2015 on Oct 12-16, 2015. Organised by SIAS, CG
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    • CORPORATE DIGEST
      • 158 7 UTILITIES group Sembcorp Industries is venturing into Bangladesh with a contract to build, own and operate a 426-megawatt power plant there that will cost about US$390 million, it said in a Singapore Exchange filing on Monday. The Government of Bangladesh awarded the contract to Sembcorp’s unit Sembcorp Utilities.
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      • 91 7 PHARMACEUTICAL company IX Biopharma has secured a Japanese patent for a drug delivery technology, it said in a bourse filing on Monday. Its technology involves a wafer that allows drugs such as ketamine or fentanyl to be delivered sublingually that is, placed under the tongue which is less
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    • 703 8  -  Speculation that selling by large funds ahead of the end of third quarter was reason for STI’s plunge STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT The Straits Times Index on Monday kicked off the week on a distinctly poor note, dropping 40.72 points or
      Source: Bloomberg  -  703 words
    • 304 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 227 -3 231/226 271 213 6.4 5744.1 CapitaLand 276 -3 279/273 379 267 10.1 3.3 *****.7 CapitaMall Trust 189 -1.5 190/187 228 184.5 5.7 6559.1 CityDev 777 -13 791/777 1095 777 9.3
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    • 35 8 VOLUME Singtel 63,195,900 TTJ 60,722,900 Healthway Med 55,540,400 Rowsley W*****3 39,574,300 IHC 38,754,800 Market volume 1,032,861,000 VALUE Singtel 222,532,105 OCBC Bank 79,777,777 DBS Grp 66,508,493 UOB 39,184,780 Ascendas Reit 21,927,577 Market value 957,834,000
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    • 77 8 Sep 28 VALUE CLOSE BT OB/OS -132.00 +4.00 BT CADI -*****.00 -163.00 BT 10-day MA -*****.00 -13.00 FTSE ST Mid Cap 661.55 -6.22 FTSE ST Small Cap 405.55 -3.33 FTSE ST All Share 677.63 -8.99 FTSE ST China Top 166.03 -1.03 FTSE ST China 201.16 -0.89 FTSE
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    • 35 8 STI FTSE ST All-Share ftse ST All-Share index Sept 28,2015 677.63 -8.99 (-1.31%) Current streak 4 days Day high 685.45 Day low 676.10 52-week high 847.98 (Apr 15, 2015) 52-week low 676.93 (Aug 24, 2015)
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    • 33 8 STI MSCI EAFE MSCI EAFE index Sept 25,2015 1,660.74 +21.45 (+1.31%) Current streak 1 day Day high 1,664.33 Day low 1,626.58 52-week high 1,949.49 (May 15, 2015) 52-week low 1,639.29 (Sept 24, 2015)
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 7 4 0 0 0 2 7 4 Manufacturing 24 57 25 4 9 12 28 66 37 Commerce 13 24 12 1 10 4 14 34 16 Tpt/Stor/Comms 8 24 3
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    • 68 8 BY CENTS CLOSE UP 52w high/low SATS 405 12.0 3.1 405/283 China Intl 50 9.5 23.5 138/26.5 NSL 146 8.5 6.2 170/133 Tye Soon 36 5.5 18.0 49.5/24 China Gaoxian 37 5.0 15.6 86/31 BY PERCENTAGE CLOSE UP 52w high/low LH 0.4 100.0 0.2 0.8/0.2 Asiatravel W*****5 3 50.0
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    • 75 8 BY CENTS CLOSE DOWN 52w high/low Lyxor ThaiSET US$ ***** -810.3 -5.0 *****/***** SPDR S&P500 US$ ***** -442.2 -1.6 *****/***** JMH USD 4750 -108.4 -1.6 6788/4502 DBXT E50 US$ 4447 -75.6 -1.2 5300/4410 DBXT MSAsExJp US$ 3030 -65.6 -1.5 4064/2973 BY PERCENTAGE CLOSE DOWN 52w high/low OCBC Bk MBeCW*****2
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    • 82 8 VOL CLOSE($) CHANGE QianHu 1 36.75 0.160 +0.020 +14.29 TTJ 60,722.9 0.385 +0.015 +4.05 Anchun Intl 590.0 0.057 -0.004 -6.56 Santak 3.9 0.200 -0.080 -28.57 Fuji Offset 5.5 0.280 -0.030 -9.68 Neo 88.3 0.680 -0.110 -13.92 New Toyo 170.2 0.210 -0.025 -10.64 Smartflex 505.0 0.240 -0.025 -9.43 LCD
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    • 446 8  -  Compiled by Cai Haoxiang Singapore Property: Global Logistic Properties and wing Tai Buy GLP Sept 28 close: S$2.02 Wing Tai Sept 28 close: S$1.67 OCBC Investment Research, Sept 28 The share prices of property developers, which had generally suffered lacklustre performances over the last year due to a
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    • 110 8 Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 285 -4 1027 289/283 355/283 284/285 IS MS INDIA US$ US671 -9 354 674/670 1000/648 671/674 83.9 Nikko AM STI ETF 290 -3 39 294/288 422/288 288/290 7 GLD US$ US***** -45 21 *****/*****
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    • 121 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 28,901 28,901 55,948 55,948 Manufacturing 164,642 28,395 193,037 80,350 1,257 81,607 Commerce 44,862 37,541 82,403 52,250 2,568 54,817 Tpt/Stor/Comms 149,785 558 150,343 293,904 44 293,948 Finance 20,056 20,056 203,753 203,753 Construction 12,770 907 13,677 1,134
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    • 409 9 CURRENCIES REUTERS London THE yen rose on Monday, gaining around 0.4 per cent against the dollar and the euro, as a drop in global stock markets triggered a bout of safe-ha-ven flows into currencies traditionally sought during times of financial market uncertainty.
      REUTERS  -  409 words
    • FOREX RATES
      • 471 9 Sep 28 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.936 4.475 0.628 5.445 46.442 103.310 0.846 8.390 3.101 1.102 73.378 32.872 1.003 9.729 0.688 23.268 25.474 0.462 0.703 Canada 1.068 4.778
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      • 155 9 Sep 28 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0019 1.0032 0.7023 0.7028 Canadian dollar 1.0700 1.0711 0.7504 0.7500 Euro 1.5955 1.5971 1.1184 1.1188 NZ dollar 0.9092 0.9106 0.6373 0.6379 Sterling pound 2.1681 2.1698 1.5198 1.5200
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      • 22 9 Sep 28 S$ Bid Offer 1-month 1.4284 1.4296 2-months 1.4303 1.4316 3-months 1.4319 1.4333 6-months 1.4358 1.4373 Source: OCBC
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    • EQUITY BONDS WARRANTS FUTURES
      • 393 9 Sep 28 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Sep15 9447.50 9490.00 9275.00 9405.00 ***** *****3 Oct15 9357.50 9407.50 9187.50 9325.00 ***** *****2 NIKKEI 225 INDEX FUTURES Dec15 *****.00 *****.00 *****.00 *****.00 ***** *****5 Mar16 *****.00 *****.00 *****.00 *****.00 11 493 MSCI TAIWAN
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      • 202 9 Most active Sep 28 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Rowsley Ltd W*****3 2.6 unch ***** 1 18 13 OCBC Bk MB eCW*****1 11.8 -2.2 6392 0.2 900 4 KepCorp MB eCW*****1 7.4 -0.7 5230 0.2 780
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      • 373 9 In local curr In S$ In US$ dy yr dy yr dy yr Sep 25 Index Change Change Change Change Change Change World Preliminary 1223.4 1.3 -4.1 0.7 0.6 0.9 -6.3 EAFE Preliminary 967.0 2.2 -2.0 1.1 0.5 1.3 -6.4 Europe Preliminary 1352.8 2.7 -2.1
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    • BANK RATES
      • 154 9 Sep 28 $S Offer Bid 0vernight 0.03 Par 1-month 1.0 0.875 2-months 1.0625 0.9375 3-months 1.125 1.0 Overnight mode: NA US$ Offer Bid 7 days 0.22 0.12 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 0.80 0.60 12
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      • 36 9 Sep 28 1 mth 1 mth 1.***** 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 Reuters
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      • 67 9 Sep 28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 99.94 99.97 99.93 5-Year N*****0S 2.000 01-Jul-20 99.38 99.30 99.23 10-Year NX*****Z 2.375 01-Jun-25 97.67 97.80 97.45 15-Year NZ*****F 2.875 01-Sep-30 99.34 99.30 99.12 20-Year NZ*****V 3.375 01-Sep-33 106.1
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    • AGRI METALS ENERGY
      • 193 9 Sep-25 Price Net change change Last Trade Agricultural Sep-25 CBOT Soybeans (US cents/bu) 889.25 21.25 2.45% 13/11/2015 CBOT Soybean Oil (US cents/lb) 27.72 0.74 2.74% 14/10/2015 CBOT Wheat (US cents/bu) 507.75 10.50 2.11% 14/12/2015 Sep-25 LIFFE Cocoa (£/tonne) 2240.00 2.00 0.09% 14/12/2015 LIFFE Coffee (US$/tonne) 1596.00 30.00 1.92%
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      • 57 9 Sep 28 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 15 2257.0 2323.0 2325.0 2255.0 181 2779 Nov 15 2284.0 2357.0 2370.0 2270.0 3235 ***** Dec 15 2317.0 2394.0 2408.0 2302.0 ***** ***** Jan 16 2349.0 2421.0
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    • 488 10  -  RHB analyst hails sector upside but also calls for caution By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore SHARES in Vard Holdings surged as much as 3.4 per cent in Monday trading on news of a more than US$100 million newbuild order. On
      Source: Bloomberg  -  488 words
    • 620 10 BLOOMBERG Singapore IT’S too soon to bet on a rebound for Singapore stocks, according to Samsung Asset Management Ltd, which sees little value in the shares even at the widest discount to global equities in more than a decade. The benchmark
      BLOOMBERG  -  620 words
    • 265 10 BLOOMBERG Kampala OLAM International Ltd plans to more than double coffee-plantation acreage in Africa to improve quality control on the continent. The company, 51.4 per cent held by Singapore’s Temasek Holdings Pte, targets total African coffee farmland at 5,000 hectares from 2,200 hectares
      BLOOMBERG  -  265 words
    • 305 10 REUTERS Sydney A DECISION by Australia’s biggest tech company, Atlassian, to pursue a US$3 billion listing in the United States is a blow to Australia’s ambitions to make technology a driver of the economy, a tech executive said
      REUTERS  -  305 words
    • 1797 11 Transaction date: Sep 28 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil 82 42 8Telecom Vol Day Div GrYld Net MCap High 153 131.5 AIMSAMP Cap Reit 134.5 -2 211 136.5 134 1 8.2 853.6 Company 183 135.5
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    • 324 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale vol (000) High Day LOW Div C’vr GrYld Net P/E MCap 35 10 t SCnergy 10 1.2 0.4 t CPH 15 0.5 t ChasWood Res 12 33.5 20
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    • 124 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale 1440 991 CIMBASEAN40 S$D 1090 0 1090 1090 vol 4258 2750 DBXT China50 US$ US2871 -31 4 2871 2831 7.9 505 237 DBXT MSBrazil US$ US237 -3 2
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  • Page 7 Advertisements
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  • Page 10 Advertisements
    • 142 10 Download the new Business Times apps for free. V TIMOCRMHK.N (t I 1 Q s!iL 1 u E PAPER (PDF) [mj EDITOR'S CHOICE g Q THE BUSINESS TIMES ■IKS 1 Vnni*nUt* cut 3115 Sg£,'«r h SGSO sets social media abuzz all over the world: Meltwater study GOVERNMENT S ECCfooB Singapore’s
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  • Page 11 Advertisements
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  • REAL ESTATE
    • 376 12  -  By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore JUST a few weeks after launching an expression of interest for the sale of 77 Robinson Road, property consultancy group DTZ South East Asia has delayed the Oct 15 closing date for
      FILE PHOTO  -  376 words
    • 516 12  -  The rooms will be spread over 3 floors, making up 12.2% of the 654-room hotel By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore CITY Developments Ltd (CDL) and IOI Group’s The South Beach hotel will have one of the biggest inventories of women-only
      516 words
    • 579 14  -  Prices of small units those of up to 506 square feet remain flat after rising 0.5% in July By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore THE prices of completed condominiums and apartments in Singapore fell 0.6 per cent in August over July, according
      PHOTO: FILE PHOTO  -  579 words
    • 279 14 BLOOMBERG Dubai QATAR plans to invest US$35 billion in the US over the next five years as the world’s richest country on a per capita basis diversifies from Europe and Asia. The Qatar Investment Authority, which helps manage the country’s en-ergy-generated
      BLOOMBERG  -  279 words
    • 253 14 REUTERS Dublin IRELAND plans to bring in legislation linking residential rents to the rate of inflation, in a bid to curb soaring rental costs, The Sunday Times reported. Ireland’s housing shortage has become a big political issue ahead of elections due in the
      REUTERS  -  253 words
    • 704 14 BLOOMBERG Madrid LONE Star Funds first offered to buy London property developer Quintain Estates Development for a 22 per cent premium. With investors competing for real estate assets across Europe, hedge fund Elliott Associates was able to sway the private-equity firm to raise
      BLOOMBERG  -  704 words
  • Page 12 Advertisements
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      285 words
    • 101 12 FOR SALE BY EXPRESSION OF INTEREST Closing: Thursday, 8 October 2015 at 4pm CHESTERTO Heritage Collection Joo Chiat Road Located near Raya Lebar Sub Regional Centre Walking distance to Raya Lebar MRT Station Master Plan 2014: Commercial with Plot Ratio of 3.0 Total Site Area: 697.10 sqm, 7,503.58 sq ft
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    • 379 12 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF PRIME OFFSHORE INTERNATIONAL PTE. LTD. Company Regn No: *****4579Z At an Extraordinary General Meeting of the Company held at the Registered office at 15 Pandan Road Singapore *****3, on 23rd September 2015, the following Resolutions were
      379 words


  • Page 14 Advertisements
    • 189 14 AUSTRALIAN PROPERTY FINANCE Have you recently bought an Australian property and need a loan to complete the transaction? Already own and want to ensure you have the best loan? CONTACT SPECIALIST MORTGAGE HERE IN SINGAPORE FOR A FREE IMPARTIAL REVIEW OF ALL YOUR OPTIONS. mi YEARS smatsgroup W; www.smats.net E:
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    • 63 14 KnightFrank.com.sg FOR SALE Rare Industrial Site With Huge Land High Visibility Along AYE Land Tenure JTC leasehold till 31 Dec 2027 Land Area Approx. 211,873 sqft Total GFA Approx. 117,790 sqft Current Plot Ratio 0.56 Plot Ratio 1.4 (Master Plan 2014) Land Zoning B2 (Master Plan 2014) STEVEN CHEW 9630
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    • 258 14 For SALE with upto 5.5 yields Island wide Fairly Priced Choice Commercial Industrial Properties for Sale. Renovated, Fitted Furnished. Vacant or with good tenancies yielding up to 5.5%. Buy Asset or Company (SPV). Sizes from 300 sqft upwards. For RENT from $1.40 Psf upwards Renovated, Fitted Furnished units from 100
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  • BANKING & FINANCE
    • 705 16 Swiss watchdog says they “possibly concluded illegal competition-defying deals” in gold, silver, platinum, palladium AFP Geneva SWISS competition authorities said on Monday they were investigating UBS, HSBC, Deutsche Bank and other major banks for suspected price fixing in the trade of precious
      AFP; PHOTOS: REUTERS  -  705 words
    • 832 16 BLOOMBERG New York THE SELLOFF that has pushed an index of US-traded Chinese stocks down more than 30 per cent since June has some of the biggest companies seeking to buy back record numbers of shares. Alibaba Group Holding Ltd, the
      BLOOMBERG  -  832 words
    • 377 16 REUTERS San Juan, Puerto Rico A NEW type of disclosure about various fees that investors shell out to maintain brokerage accounts will promote a better understanding of those charges and provide a tool for comparing companies, US state securities regulators said on Sunday.
      REUTERS  -  377 words
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  • Page 17 Advertisements
    • 764 17 TI IE BUSINESS TIMES GOODLAND GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****5522N) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“EGM”) of Goodland Group Limited (the “Company”) will be held at 3 Kim Chuan Lane, #06-O1 Goodland Group Building,
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    • 2717 17 (Incorporated in the Republic of Singapore) Company Registration No.*****3949N NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 33rd Annual General Meeting of the Company will be held at Orchard Parade Hotel, Antica I ll, Level 2, 1 Tanglin Road, Singapore *****5 on 30 October 2015, Friday at
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  • CONSUMER
    • 695 19 Its CEO says this is the start of the company making more global investments BLOOMBERG Tokyo COMCAST Corp is making its biggest overseas investment, as the largest US cable operator seeks international growth after being stymied in its
      BLOOMBERG; PHOTO: BLOOMBERG  -  695 words
    • 558 19 BLOOMBERG Tokyo WALT Disney Co’s new park in Shanghai will help the Uniqlo casual wear brand expand in China, Fast Retailing Co chairman Tadashi Yanai said, shrugging off concerns over an economic slowdown in the Japanese retailer’s largest overseas market. “The opening
      BLOOMBERG; PHOTO: BLOOMBERG  -  558 words
    • 437 19 BLOOMBERG New York TARGET Corp has expanded the list of chemicals it wants suppliers to take out of their products, stepping up pressure on its vendors to respond to consumer health concerns. The list includes almost 600 substances on Health Canada’s roster of prohibited
      BLOOMBERG  -  437 words
  • Page 19 Advertisements
    • 25 19 One man’s junk is another man’s treasure Shop second-hand or sell your possessions in CLASS 162 To advertise, call the Print Classified Hotline: 1800-289 9988
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    • 132 19 NOTICES T O L L F R E E 1 8 0 0 -2 8 9 8 8 2 2 I E m a i l n o t i c e s s p h c o m s g I w w w s p h c l
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    • 122 19 INDUSTRIAL GOVERNMENT LAND SALES: LAND PARCELS AT TAMPINES AND TUAS PLOT TAMPINES WAFER FAB PARK rAMPINES PLOT Site Information Location Tampines Industrial Drive (Plot 3) Land Area 4,885.7 sqm Tenure 20 years GPR Zoning Project Completion Period 1.4 B2 60 months Location Land Area Tenure GPR Zoning Project Completion Period
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  • TRANSPORT
  • Page 20 Advertisements
    • 173 20 Using an experiential approach, this comprehensive course offers the latest market knowledge, latest training techniques and hands-on practical training. Event Highlights Seminar Details DATE: 17th Oct 2015 (Saturday) TIME: 9.00am 1.00pm (Registration starts at 8.30am) VENUE: SPH News Centre (T8.2/T8.3) 1000 Toa Payoh North, Singapore *****4 FEE: S$39.90*(inclusive of GST)
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    • 64 20 ORGANISED BY THE STRAITS TIMES AND ARTSCIENCE MUSEUM' SINGAPORE STORIES THEN NOW TOMORROW THE STRAITS TIMES ms CELEBRATING 170 YEARS Sli m I SINGAPORE STORIES Experience Singapore’s beginnings, struggles and triumphs through the lens of The Straits Times. Catch the Singapore STories exhibition now on at the ArtScience Museum till
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    • 51 20 HOT PROPERTY UNITY CTR. Bt Batok. B1 Ramp-up, choice unit 3057 sqft. Approved Mezzanine Flr. GOLDEN WHEEL BLD 2nd flr (B1) $2.46psf up. 1420sf. Fitted. Loading/ Unloading office warehouse Kallang Pudding Rd. LOOKING FOR A FACTORY SPACE TO RENT? Check out these properties and more in The Straits Times Classified
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  • GOVERNMENT & ECONOMY
    • 436 21  -  It comes amid warning about a build-up of US dollar denominated debt in Asia with prospect of rising rates By Anthony Rowley btworld@sph.com.sg Tokyo THE Asian Development Bank said on Monday that a Thai baht bond issued by Japan’s Mizuho Bank the first
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    • 722 21 LATEST US DATA BLOOMBERG Washington HOUSEHOLD spending climbed more than forecast in August and incomes also rose as the biggest part of the US economy continued to power past a global slowdown. Consumer purchases climbed 0.4 per cent, matching the gain in
      BLOOMBERG; PHOTO: BLOOMBERG  -  722 words
    • 582 21 Country’s stockmarket plunge and currency devaluation are adding new challenges BLOOMBERG Beijing CHINESE industrial companies reported that profits fell the most in at least four years as the pillars of China’s in-frastructure-led growth model suffered from a devalued yuan, a tumbling stock
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    • 631 21 BLOOMBERG Beijing CHINA’S 10-month campaign to relax monetary policy is showing signs of an impact as financial conditions ease, a shift that could help stabilise the nation’s growth rate. Bloomberg’s China Monetary Conditions Index, a gauge that includes in-flation-adjusted interest rates
      BLOOMBERG; PHOTO: AFP  -  631 words
    • 573 21 BLOOMBERG Tokyo RISK-AVERSE investors are becoming the nemesis of Japanese Prime Minister Shinzo Abe. The yen is the best-performing major currency this quarter amid a rush for havens from the turmoil stalking global markets. Options suggest that there is
      BLOOMBERG  -  573 words

  • OPINION
    • 551 22 THE expectations in the run-up to the visit by Chinese President Xi Jinping to the United States which began last week were modest; and as things turned out, there have been few surprises at least so far. EDITORIAL In terms of
      551 words
    • 898 22  -  TT THE BOTTOM LINE By Tarun Kataria T The writer is a corporate finance adviser and independent director. The views expressed are his own NOW that the People’s Action Party is back with a resounding mandate in Singapore, it’s time to
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    • 1303 22  -  Contrary to the expectations of pundits, the candidates who dominate the Republican presidential race are all outsiders: Donald Trump, Carly Fiorina and Ben Carson By Leon Hadar HAVING covered Washington for several years, I have learnt to treat the conventional wisdom spun by the pundits with
      PHOTO: REUTERS  -  1,303 words
    • 851 23  -  COMMENTARY By Anthony Rowley THE Jeremy Corbyn phenomenon in Britain has excited much attention (almost as much as the advent of Donald Trump in the United States) and one has to wonder why, if the new UK Labour Party leader is
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    • 786 23  -  By Sanjayan Velautham T The writer is executive director of the Asean Centre for Energy. He will be sharing more about the energy opportunities and implications of Asean integration at the Singapore International Energy Week 2015 to be held from
      PHOTO: REUTERS  -  786 words
    • 1127 23  -  Recent remarks from Obama, Xi, Modi and the Pope show that now is the right time to invest more in tackling global warming. BY ANDREW HAMMOND warming.BY ANDREW HAMMOND T The writer is an associate at LSE IDEAS (the Centre
      PHOTO: AFP  -  1,127 words


  • Page 24 Advertisements
    • 197 24 PLACE YOUR AD HERE r THE BUSINESS TIMES Shipping times CALL JOE WONG AT 9620 132 ~7 urgently needed fc>y shippers Can they find your services here in -the Shipping Times? ADVERTISE, CALI IOE WONG AT 9620 'I THE BUSINESS TIM i;s S PING TIMES Spotlight Award Wins Recognition C;
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  • LIFE & CULTURE
    • 1198 25 Some are moving into less risky sectors while others are consolidating in the face of low-cost competition BLOOMBERG London JOHN Elkann, the leader of Italy’s billionaire Agnelli family, has a way of preparing his relatives for a big takeover battle that you won’t
      BLOOMBERG; PHOTO: AFP  -  1,198 words
    • 537 25 AFP Washington SKYGAZERS were treated to a rare astronomical event on Monday when a swollen “supermoon” and lunar eclipse combined for the first time in decades, showing Earth’s satellite bathed in blood-red light. The celestial show, visible in the Americas, Europe, Africa,
      AFP; PHOTO: REUTERS  -  537 words
    • 600 25 On menu for world leaders trash with a message AFP New York WORLD leaders accustomed to fine dining had a surprise on their plates Sunday at the United Nations trash. Chefs cooked up a lunch made entirely of food that would have ended up in garbage bins, hoping to highlight
      AFP  -  600 words
  • Page 25 Miscellaneous
    • 341 25 CRYPTIC CROSSWORD Across 1 Pale in colour after meeting the Spanish (6) 5 Send off Desmond with Patricia Church (8) 10 it could be a grave sign of stress (6) 11 Commercial broadcast idiot put before new supplement (8) 12 Hospital trip NHS organised for benefactors (15) 16 Bulb in
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  • SME
    • 1293 26  -  With a franchised distributor model, the company has been profitable for 38 straight quarters and last year bagged its fourth E50 award. BY TONG CHUN WAI, NATALIE WONG, VAN TRAN AND MEL NGUYEN award.BY TONG CHUN WAI, NATALIE WONG, VAN TRAN, MEL NGUYEN T
      PHOTO: SHAWN TEO  -  1,293 words
    • 1225 26  -  By Vincent Ho T The writer is a director at aAdvantage Consulting Group and an accredited culture and change consultant with Barrett Values Centre SINCE the start of the productivity movement in Singapore more than three decades ago (the inauguration of the
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  • Page 26 Advertisements
    • 128 26 IN-TUNE WHERE LEADERS SPARK LESSONS TO MY YOUNGER Juwanda Hassim Owner-Chef The Fabulous Baker Boy m si H IN-Tune is back for the second run! If you could do it all over again, how would you do it? Join us as we cultivate conversations, discuss ideas and build networks to
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  • ASIA ENTERPRISE BRAND AWARDS 2015
    • 126 1 AEBA ASIA RETAIL TRAILBLAZER BRAND AWARD WING TAI RETAIL PTE LTD Singapore’s leading fashion and lifestyle retailer, Wing Tai Retail was awarded the Asia Retail Trailblazer BRAND Award at the Asia Enterprise BRAND Awards 2015. The awards seek to recognise outstanding brands that have shown
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    • 508 1 Held at one of the iconic landmarks in Singapore, the inaugural Asia Enterprise BRAND Awards 2015 ceremony took place at Shangri-La Hotel on July 28, 2015. The Award ceremony was well-attended by around 300 guests, who gathered to witness and celebrate the outstanding achievements of
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    • 419 2 ASIA RETAIL TRAILBLAZER BRAND AWARD WING TAI RETAIL Wing Tai Retail, a subsidiary of Wing Tai Holdings, is Singapore’s leading fashion and lifestyle retailer. With its insights and strong networks, it appeals to franchises and manages a portfolio of 15 prominent international brands. By its
      419 words
    • 861 2 ASIA ASPIRING MERIDIAN AWARD REGENT SINGAPORE BRAND STORY Regent Singapore, a Four Seasons Hotel, is an urban oasis and the gathering place for the diverse and dynamic. The Hotel’s acclaimed food and beverage outlets showcase gastronomic authenticity, creativity and flair. With a soaring,
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    • 605 3 ASIA WELLNESS EXCELLENCE AWARD BANYAN TREE SPA PHILOSOPHY When Banyan Tree Spa opened in Asia’s first luxury spa resort Banyan Tree Phuket, Thailand in 1994, it pioneered the tropical garden spa concept with its Eastern therapies and holistic focus on spiritual, mental and physical harmony.
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    • 270 3 APEX COMMUNICATION BRAND AWARD SINGTEL GROUP The Singtel Group is Asia’s leading communications group. We provide a diverse range of services including fixed, mobile, data, Internet, TV and infocomms technology (ICT) as well as digital solutions. In January 2015, Singtel launched a new brand
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    • 1090 4 Despite being in different industries, AIBI and PropNex are both building brands for an overseas audience WINNER OF THE YEAR (GRANDEUR AWARD) AIBI INT’L TOP WINNER (NOVATEUR) PROPNEX REALTY AIBI A Quality Offering A household name in the fitness market here, AIBI is determined to replicate
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    • 678 6 WINNER OF THE YEAR (NOVATEUR) HARRY’S INTERNATIONAL Walk along some of Singapore’s most famous nightlife strips and chances are a Harry’s bar will be waiting for you. The chain of lifestyle bars and restaurants are among some of
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    • 615 7 WINNER OF THE YEAR (VANGUARD) HANDAL INDAH For most people, catching a bus is merely a convenient means of travelling from one place to another. But one transport company believes that it’s not enough to get commuters to where they want to go. Instead,
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    • 1162 8 TOP WINNER (VANGUARD) PARKROYAL ON PICKERING A man with superhuman speed dodges blows and lashes out with furious kicks and punches, leaving a trail of smashed tables and chairs at the hotel where this carnage takes place. You wouldn’t think any hotel
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    • 1187 10 These two companies are making an impression on Singapore’s tough retail scene TOP WINNERS (GRANDEUR AND VANGUARD AWARDS) Top Winner (Grandeur Award) BackJoy Many retail businesses here would blame weak growth on rising costs and a manpower crunch in Singapore. But one retail company used the double
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    • 893 12 Promising brands Unipro Software and Sozoluz Clinique rely on new technologies and innovations to forge ahead PROMISING BRANDS (VANGUARD) Unipro Software Born in a small village in India, Mr Iqbal Abdul Aleem harboured big ambitions as he slowly worked his way up a career in
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  • Page 1 Advertisements
    • 96 1 SG 50 ASM NTERPRISE 'H I f m mi I 3 a v#f St PI®' V A- S’ a. r fZ V' S3 >r .4 Q a Xt# ts» ft *£> 4C*' 7n -t A A $n V/ J 'Jt VM Congratulations to all Asia Enterprise BRAND Awards 2015 WINNERS
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  • Page 2 Advertisements
    • 49 2 3xeartiest Con NTERPRISE vtyuX' AWARDS 2015 attorn to Nastrac Group Pte Ltd on being awarded the Noveteur Award in the Asia Enterpise Brand Award 2015 T i -9 22 Farida Charania CEO APAC Nastrac Group Pte Ltd v Nastrac your future APAC UK EUROPE USA CANADA INDIA Email: pr@nastracgroup.com
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    • 243 2 I seek training that grows my company. It’s my choice. As the key decision-maker in your staff’s professional development, it’s vital that you choose the best possible training partner. At Kaplan Professional, we provide a first-class learning experience that allows your staff to achieve their full potential. Sign up and
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  • Page 3 Advertisements
    • 60 3 NTERPRISE^^^' AWARDS 2015 Alreimis Creations on being awarded the Top Vanguard Award Winner in the Asia Enterprise Brand Awards 2015 Kian Pe nd MP for Mar be G 2 2015 o Gu ur: ih Lz> adz U5 HOL-iC RAF.TH0L1 RAF i4V5 ■V ;a .1 hi r U :> ALREIMIS CREATIONS
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    • 146 3 c V a a u d /ar "USB, Safe* t: v\ We’ve Raised the Bar! Harry’s is one step closer to being the best dining and bar chain in Singapore. Unwind with your favourite tipples paired with delicious treats in an inviting ambience, with live entertainment to complete your urban
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  • Page 4 Advertisements
    • 339 4 r AGENCY 1 ~X ✓X it to'l *r*> v V /X >c 1 X f f x I i /X f< f /EARS SERVICE AAA 5)800 X J 1 .:N X %o y< s//ce'\ OVER SALESPERSONS ss! «s? France 75 S, for ef a//s ;ep. x > fi X 400*000
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    • 91 4 NTERPRISE AWARDS 2015 i i SC (Sang Choy) International Pte Ltd Your Partner In Print awarded t Asia Enterprise Brand Is 2015 r\ UN 0 r;r -V nomo nSl «//i SWOAPOW A rf A// Wm <? Si s''* »HG IHSJT MLCVW OOU.'V O' RCHHtCAS fp V. Sk. s lSg£E8!A Excellence
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  • Page 5 Advertisements
    • 160 5 AIBI U ACHIEVING INDIVIDUALS’ BELIEFS THROUGH N NOVATION Fitness, Health and Beauty form the cornerstone of AIBI’s 3-pronged wholesome approach to achieving a quality lifestyle. With this recognition, AIBI constantly makes fitness, health and beauty products accessible to people of diverse and specific needs. Improvements and innovations are constantly introduced
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    • 75 5 Co-founded by two celebrity chefs, Mr. Mohammad Hosseini and Ms. Ting. Shabestan re-defines Persian fine dining. The delicate blend of aromatic spices and authentic ingredients gives a sensational experience to the soul, which is unique to Middle-Eastern’s culinary arts. Shabestan proudly presents (fresh Kebabs) in Ion this November 2015. E3
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  • Page 6 Advertisements
    • 91 6 I.V St AWARDS 2015 Congratulations to Handal Indah Sdn Bhd on being awarded the VANGUARD AWAR Winner of The Year 2015 i i' i ifei i k L 1 It t w Z Causeway Link The preferred choice for cross border travel Handal Indah SDN BHD *****7-M Handal Ceria SDN
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  • Page 7 Advertisements
    • 173 7 A PARKROYAL COLLECTION HOTEL parkroyalhotels.com 3 Upper Pickering Street Singapore *****9 Winning hearts and minds Tel: +65 6809 8888 enquiry.prsps(a)pa rkroyalhotels.com YOUR LOCAL CONNECTION Our recent recognition as a Top Winner under the Vanguard Award category at the inaugural Asia Enterprise BRAND Awards (AEBA) bears testament to our dedication to
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  • Page 8 Advertisements
    • 165 8 0 s B nmi r s* i V** 4- wi-» L S y —t i -j ii ■y L i 53 i •nJStu 0 W 50% V g •v 2 Ryan Koh Vice-President, APAC BackJoy Asia Pte Ltd 6 Congratulations To Backjoy Asia Pte Ltd on being the Top Grandeur
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  • Page 9 Advertisements
    • 122 9 Asia Enterprise BRAND Awards Medical Industry Vanguard Award Winner 2015 Congratulations ffT SOZOLUZ CLINIQUE Tht norUnvauva way 1 Mr. Philip Ong CEO VS The Non- Invasive Way! We are a medical center that offers non-invasive solutions to the medical needs of our patients in the form of Wound Care, Cardiac
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    • 65 9 Congratulations to Expo Av-lnsync Pte Ltd Managing Director, Gerard Rodrigues on being awarded the Asia Enterprise BRAND Awards 2015, Vanguard Award. ■nW 5 NGAPORE EXCELLENCE AWARD 20 I 23I2 iN Sl\(, M'llllli'S «)i isr\M)i\<; i: r i. it i* u i s i: SMt I61V20I3 f 9, Changi South Lane,
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  • Page 10 Advertisements
    • 81 10 5 1 NTERPRISE >RISE AWARDS 0 I I m ideTi r ngratulations to ACME EQUIPMENT PTE. on being awarded the Grandeur in the Asia Enterpise Brand Awan REED v C5 0 s isnfl L J* 1 IGKii r 1 fiEJ ir%f a Prime source for the best Concrete and Construction
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  • Page 11 Advertisements
    • 159 11 GENPOWER GENERATOR AW 5 SC (Sang choy) International Pte Ltd •MB your Partner In Print Backjoy CHANGE VOUR POSTURE. CHANGE YOUR LIFE w PropNex Service You Trust PARK ROYAL ON PICKERING, SINGAPORE A PARKROYAL COLLECTION HOTEL BANYAN TREE SPA Asia Beauty the premium cosmetics company O Singtel O. <?/ 1
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  • Page 12 Advertisements
    • 117 12 Recognising the Finest Enterprises in the Built Environment Industry V 4 M Nominations Now Open Built Environment Industry BE I Asia Awards 2015/16 HLUHRI BEI Asia Awards Enterprising Awards Winner of the Year 2014 ||GUAN CHUAN Top Regional Awards 2013 FAS1FL0W ...the art of drainage Congratulations to Winners of 2013
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