The Business Times, 8 April 2016

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Microfilm: NL33828
Total Pages: 52
1 52 The Business Times
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  • Title Section
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    22 1 THE BUSINESS TIMES S$1.20 A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BusinessTimes CO REGN NO *****2868E MCI (P) 039/08/2015 Friday, April 8, 2016
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  • Article
    Lock icon DAILY DIGEST
    164 1 Singapore expects global economic uncertainty to dampen its growth until the end of the decade. TOP STORIES 2 The number of corruption cases hits a new low thanks to a strong political leadership, a robust anti-graft framework and a culture that frowns on corruption. TOP STORIES 4 Croesus
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  • Article
    Lock icon MARKETS
    27 1 Thursday Change STI 2,813.59 +2.34 KL COMP 1,724.29 +7.28 NIKKEI 225 15,749.84 +34.48 HANG SENG 20,266.05 +59.38 SHENZHEN B 1,143.42 +1.18 DOW (11.45 EDT) 17,572.27 -143.78
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  • Article, Illustration
    Lock icon OCBC pays US$320m cash for Barclays’ private bank business in Singapore, HK
    894 1  -  Price is set at 1.75% of the Barclays units’ assets under management of US$18.3b as at end-2015 By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore OCBC Bank has bought Barclays’ private bank business in Hong Kong and Singapore, pushing
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  • Article, Illustration
    Lock icon U-turn by chairman-designate underscores SingPost uncertainty
    1111 1  -  By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore JUST six days that’s how long Low Teck Seng’s status as Singapore Post chairman-designate lasted. In a Singapore Exchange (SGX) filing on Thursday morning, SingPost said chairman-designate Low Teck Seng is withdrawing from the post, just under a
    LUDWIG ILIO  -  1,111 words
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      74 1 *****1 *****1 TIIE BUSINESS TIMES Simpler, smaller, safer stronger Citigroup global CEO Michael Corbat on the new Citi that emerged from the global economic crisis. In The Raffles Conversation tomorrow earner, sg Cartier CLE DE CARTIER MANUFACTURE MOVEMENT 1847 MC I ff IhI I SINGAPORE Takashimaya S.C.- ION Orchard Marina
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      26 1 1MDB STORM Bipartisan report: signs of negligence in development fund’s running TOP STORIES 4 BUDGET 2016 Replacing Causeway won’t solve congestion issues: Vivian top stories 2
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      11 1 FOMC Several Fed officials against April rate rise TOP STORIES 6
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      9 1 OCBC welcomes more of the truly rich, Page 10
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  • TOP STORIES
    • Article
      Lock icon Global economic uncertainty to last for next 3-5 years: Hng Kiang
      746 2  -  Efforts are underway to help firms overcome challenges, and govt is ready to take further action if necessary SINGAPORE BUDGET 2016 By Soon weilun soonwl@sph.com.sg @SoonWeilunBT Singapore SINGAPORE’S government expects global economic uncertainty to weigh on the country’s growth
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    • Article
      Lock icon Steady spending on defence enables long-term planning: Ng
      523 2  -  By Lee U-wen leeuwen@sph.com.sg @LeeUwenBT Singapore SINGAPORE must maintain its steady expenditure on defence even as its population continues to age and social spending goes up, Defence Minister Ng Eng Hen told Parliament on Thursday. As the House debated his ministry’s spending
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    • Article, Illustration
      Lock icon Replacing Causeway won’t solve congestion issues: Vivian
      684 2  -  By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THE Causeway that links Singapore and Malaysia has “sufficient capacity” and replacing it will not solve the congestion problems, Foreign Minister Vivian Balakrishnan told Parliament on Thursday. Speaking during the debate on his ministry’s spending plans for
      FILE PHOTO  -  684 words
    • Article
      Lock icon Correction
      58 2 IN “SMEs must think big; no longer enough to just value add” (BT, April 7), we wrongly reported that S$710,000 was HOPE Technik’s value when Singtel Innov8 raised its stake in the startup to 21.3 per cent from 18.7 per cent. The amount should be the incremental investment by
      58 words
    • Article
      Lock icon Sectoral, company-level help to tackle economic challenges: Iswaran
      534 2  -  By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore CURRENT challenges require the government to come up with sectoral measures, even as help is rendered to individual companies to help them grow, said Minister for Industry S Iswaran. Replying on Thursday to questions from Members
      534 words
    • Article, Illustration
      Lock icon Secrets behind S’pore’s incorrupt system: PM Lee
      689 4  -  Strong political leadership, a robust anti-corruption framework and a culture that frowns on corruption By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore THE number of corruption cases in Singapore hit a new low last year thanks to a strong political leadership, a robust anti-corruption
      689 words
    • Article, Illustration
      Lock icon Bipartisan report finds signs of negligence in firm’s running
      1021 4  -  1MDB STORM By Pauline Ng btworld@sph.com.sg Kuala Lumpur MALAYSIA’S parliamentary Public Accounts Committee (PAC) report on the troubled 1MDB has found evidence of deleterious omissions, negligence and weaknesses in the management and operations of the development fund, but no wrongdoing on
      Source: PAC report  -  1,021 words
    • Article, Illustration
      Lock icon PAC’s findings on 1MDB confirm worrying suspicion
      827 4  -  COMMENTARY By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT THE “spinning” that followed the release of the Public Accounts Committee (PAC) report on troubled 1 Malaysia Development Berhad (1MDB) despite grave revelations of widespread governance lapses came in fast and furious on Thursday. he PAC report
      PHOTO: REUTERS  -  827 words
    • Article
      Lock icon Maersk Oil’s project off UK a boost to Singapore’s O&M sector
      679 4  -  By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore DENMARK-BASED Maersk Oil, in seeking competitive solutions towards ensuring the Culzean field development off the UK remains economically viable even under low oil and gas prices, is undertaking a major part of
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    • Article, Illustration
      Lock icon Yen’s continuing climb puts Japanese authorities in a bind
      723 6  -  Tokyo wants to curb its rise through official intervention, but risks coming under fire for it By Anthony Rowley btworld@sph.com.sg Tokyo THE yen continued maiming the Japanese economy as it climbed against the dollar and other major currencies on Thursday, and
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    • Article
      Lock icon Fed March minutes send signal that April rate rise is unlikely
      774 6 NYT Washington FEDERAL Reserve officials not only decided against raising interest rates at their most recent meeting in March, but they also came close to ruling out an increase at their next meeting in April. Officials are in a
      NYT  -  774 words
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      34 3 A lot of people understand money. How many people 5= understand families? m 2* r W 0mm*: ■PP 1 Hong Kong: +852 3191 1805 askhongkong@pictet.com Singapore: +65 6536 1805 asksingapore@pictet.com 4 PICTET 1805 www.pictet.com
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  • Page 5 Advertisements
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      42 5 It gets more rewarding every time you shop with us With complimentary Sands Rewards LifeStyle membership, enjoy: Terms and Conditions apply. Rewards on every purchase at over 175 boutiques Exclusive promotions and invitations Parking privileges and more Sign up now at MarinaBaySands.com/Shoppes
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      226 6 gourmet In partnership with HSBC^ oiiti/ QkMl UU 1 April 2016-31 May 2016 Introducing Eazy Gourmet, a year-long dining fiesta that celebrates a mix of dining themes, that changes every month. Prepare your taste buds to be tantalised by signature creations of Eazy Gourmet’s participating restaurants. Exclusively for HSBC cardholders,
      226 words
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      Lock icon Page 6 Advertisements Column 2
      75 6 LU DIO Cl < on preparing for Milan's new collection hulsta !2! LEOLUX ChopaucyCaie L' ttO«npMy I Products include sofas, accent armchairs, dining tables, lamps and accessories. ‘Sales terms apply. While stocks last. CaV al Hardmg Road Cooi «r\pofify Art* Chang Koiaan MOBEL STORY A story behind every piece. 71
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Croesus Retail acquiring mall in Hiroshima
      867 8  -  Trust also evaluating other potential acquisitions of retail assets in Japan By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore CROESUS Retail Trust (CRT) is acquiring a suburban mall Fuji Grand Natalie in Japan's Hiroshima prefecture for 3.3 billion yen (S$40.5 million), with a view to making
      PHOTO ABOVE: ARTHUR LEE  -  867 words
    • Article
      Lock icon SIA’s VA stake inches up amid talk it may scoop up Air NZ’s interest
      458 8  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore SINGAPORE Airlines (SIA) has increased its stake in Virgin Australia (VA) slightly from 22.91 per cent to 23.11 per cent after it paid A$3.18 million (S$3.24 million) to settle a
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    • CORPORATE DIGEST
      • Article
        Lock icon SembMarine, Marco Polo
        130 8 THE legal dispute between Sembcorp Marine and Marco Polo Marine over a US$21.43 million rig construction contract is proceeding to arbitration. SembMarine said in a Thursday update that its subsidiary PPL Shipyard (PPLS) has on April 7 served a notice to commence arbitration proceedings against Marco Polo’s
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      • Article
        Lock icon Memstar Technology
        24 8 MEMSTAR Technology has terminated the proposed acquisition of Longmen Group Limited by way of a proposed reverse takeover (RTO) of Memstar Technology.
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    • Article, Illustration
      Lock icon Demand for dividend plays to grow as population ages
      584 10  -  Changing demographics in Singapore will create opportunities for dividend investors in the longer term: Schroders By Michelle Quah michquah@sph.com.sg @MichelleQuahBT Singapore STOCKS with high dividend yields here are going to continue to grow in favour, as the country’s population begins to
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    • Article
      Lock icon POSH’s Saudi legal tussle hots up with countersuit
      551 10  -  By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore THE legal tussle between PACC Offshore Services Holdings Ltd (POSH) and Saudi Arabia-based Makamin Offshore Saudi Ltd pertaining to offshore support vessel business dealings between the two parties looks set to heat up with the
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    • Article
      Lock icon OCBC welcomes more of the truly rich
      802 10  -  HOCK LOCK SIEW BY SIOW LISEN THE sale of Barclays private bank business in Hong Kong and Singapore is done, months after talk started that the UK-based bank saw it as a non-core business. Barclays has been shedding its Asian and other non-core
      802 words
    • Article
      Lock icon TEE back in the black with S$611,000 Q3 profit
      381 10  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore MAINBOARD-LISTED real estate and engineering group TEE International on Thursday announced profit attributable to owners of the company of S$611,000 for the third quarter ended Feb 29, 2016, compared with a loss of S$ 134,000
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    • Article
      Lock icon Leong Wai Ho leaves Barclays for hedge fund
      351 13  -  He’s now managing director of Asia economics at Graticule Asset Management Asia By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore PROMINENT economist Leong Wai Ho has moved from Barclays to hedge fund Graticule Asset Management Asia (GAMA) as its managing director of Asia economics,
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    • Article
      Lock icon Triyards Q2 profit up 4%; secures US$17.8m in new orders
      473 13  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore NET profit for Triyards Holdings, Ezra Holdings’ yard-operating subsidiary, grew 4 per cent to US$5.3 million in the second quarter, lifted by contributions from various vessels and industrial and offshore fabrication projects. Its revenue
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    • Article, Illustration
      Lock icon STI / Catalist
      62 14 STI Catalist Straits Times Index April 7,2016 2,813.59 +2.34 (+0.08%) Current streak 2 days Day high 2,835.32 Day low 2,809.56 52-week high 3,539.95 (Apr 15, 2015) 52-week low 2,532.70 (Jan 21,2016) FTSE ST Catalist index April 7,2016 449.51 -4.38 (-0.96%) Current streak 1 day Day high 456.03 Day low 449.45
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    • Article, Illustration
      Lock icon Banks help STI close in the black
      630 14  -  Overseas bourses give little guidance as Dow futures fall slowly throughout Thursday and HK rises 0.3% STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT A QUIET trading session on Thursday saw the Straits Times Index (STI) end just 2.34 points higher at 2,813.59, thanks mainly
      Source: Bloomberg  -  630 words
    • Article
      Lock icon STI STOCKS
      317 14 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 235 -2 238/235 271 209 6.2 6176.9 CapitaCom Trust 142 -3 146/142 177.5 122.5 6.1 4196.6 CapitaLand 301 cd -1 305/300 379 267 12 3 *****.5 CapitaMall Trust 208 -3 213/208 228
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    • Article
      Lock icon MOST ACTIVE
      34 14 VOLUME Ezra 142,495,900 Magnus Energy 101,850,100 Noble 62,229,200 Annica 41,300,000 RickmersMaritime 32,872,700 Market volume 1,582,925,000 VALUE Singtel 66,297,838 DBS Grp 57,958,562 HongkongLand USD 49,221,987 JMH USD 44,594,542 SingPost 40,037,043 Market value 901,185,000
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    • Article
      Lock icon SGX ETFS
      108 14 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 281 -1 184 283/281 355/254 281/283 DBXT MSBrazil US$ US276 118 277/274 399/190 276/277 DBXT MSRussia US$ US187 +5 83 187/184 235/129 186/187 DBXT MSPHILS US$ US197.7 -1.3 26 197.9/197.7 230.1/158.5 197/197.8 15.8 DBXT
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 14 Apr 7 VALUE CLOSE BT OB/OS -162.00 -26.00 BT CADI -*****.00 +21.00 BT 10-day MA -*****.00 -16.00 FTSE ST Mid Cap 682.69 -0.73 FTSE ST Small Cap 394.15 +0.18 FTSE ST All Share 690.74 +2.32 FTSE ST China Top 163.79 +0.87 FTSE ST China 194.38 +1.81 FTSE
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 14 STI FTSE ST All-Share ftse ST All-Share index April 7,2016 690.74 +2.32 (+0.34%) Current streak 2 days Day high 693.48 Day low 688.68 52-week high 847.98 (Apr 15, 2015) 52-week low 625.37 (Jan 21, 2016)
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      Lock icon STI / MSCI EAFE
      33 14 STI MSCI EAFE MSCI EAFE index April 6,2016 1,606.94 +10.64 (+0.67%) Current streak 1 day Day high 1,613.82 Day low 1,592.83 52-week high 1,949.49 (May 15, 2015) 52-week low 1,492.43 (Feb 12, 2016)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 14 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 4 4 0 0 1 5 4 5 Manufacturing 48 38 24 6 10 9 54 48 33 Commerce 19 18 12 2 6 4 21 24 16 Tpt/Stor/Comms 7 14 9
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 14 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 18,160 1,258 19,418 68,141 259 68,400 Manufacturing 144,032 76,275 220,307 91,121 1,538 92,659 Commerce 98,129 36,112 134,241 101,828 1,300 103,128 Tpt/Stor/Comms 269,231 2,516 271,747 181,275 218 181,493 Finance 14,196 50 14,246 138,464 6 138,470 Construction
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    • Article
      Lock icon UNUSUAL ACTIVITY
      80 14 VOL CLOSE($) CHANGE Pan Asian 114.1 0.052 -0.013 -20.00 Fuxing China 99.0 0.300 +0.020 +7.14 Cortina 2.0 0.800 +0.100 +14.29 San Teh 399.2 0.235 +0.025 +11.91 Captii 269.2 0.480 +0.025 +5.50 Weiye 1,148.6 0.500 -0.055 -9.91 FJ Benjamin 526.3 0.079 +0.005 +6.76 Sunlight 500.1 0.014 -0.004 -22.22 Advanced
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    • Article
      Lock icon GAINERS
      73 14 BY CENTS CLOSE UP 52w high/low DBXT EONIA US$ ***** 345.2 1.6 *****/***** JMH USD 5928 314.2 4.1 6300/4500 SPDR DJIA US$ ***** 110.6 0.5 *****/***** DBXT MSEurope US$ 5241 109.2 1.6 6300/4770 JSH USD 2997 103.8 2.6 3576/2524 BY PERCENTAGE CLOSE UP 52w high/low Oceanus 0.4 33.3 0.1
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    • Article
      Lock icon LOSERS
      77 14 BY CENTS CLOSE DOWN 52w high/low DBXT MSUSA US$ 5323 -20.2 -0.3 5573/4705 Lyxor MS India US$ 1436 -20.2 -1.0 1840/1331 Hyflux 6% CPS ***** -20.0 -0.2 *****/***** DBXT S&PShort US$ 2125 -18.9 -0.7 2393/2086 DBXT CSI300 US$ 819 -16.2 -1.4 1471/700 BY PERCENTAGE CLOSE DOWN 52w high/low Infinio
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    • BROKERS’ TAKE
      • Article
        Lock icon OCBC Bank BUY
        282 14 April 7 close: S$8.81 Target price: S$9.40 DBS Group Research, April 7 OCBC has acquired the wealth and investment business of Barclays Bank in Singapore and Hong Kong. The total consideration amounts to US$320 million/S$430 million and will be funded by internal cash from Bank of Singapore
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      • Article
        Lock icon SATS HOLD
        240 14  -  Compiled by Kenneth Lim April 7 close: S$4.00 Target price: S$4.00 OCBC investment Research, April 7 Singapore Changi Airport recently released encouraging traffic statistics as January 2016 and February 2016 passenger throughput jumped 10.0 per cent and 11.7 per cent year-on-year, respectively. Correspondingly, commercial aircraft movements at Changi
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    • Article
      Lock icon Asia forex gloom lifts slightly on dollar retreat and dovish Fed
      506 15 CURRENCIES REUTERS Bengaluru EMERGING Asian currencies are set to weaken further in the coming year, but not as much as thought a few months ago, as expectations the US Federal Reserve will raise interest rates more cautiously hold back
      REUTERS  -  506 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 15
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      • Article
        Lock icon INTERBANK CROSS RATES
        471 15 Apr 7 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.992 4.910 0.666 5.887 50.431 99.871 0.824 8.754 2.963 1.111 79.430 34.985 1.024 11.488 0.725 24.574 26.698 0.539 0.759 Canada 1.008 4.952
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      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 15
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      • Article, Illustration
        Lock icon NIKKEI
        1 15
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      • Article, Illustration
        Lock icon DOW JONES
        2 15
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 15 Apr 7 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0231 1.0239 0.7587 0.7591 Canadian dollar 1.0319 1.0325 0.7655 0.7652 Euro 1.5376 1.5383 1.1402 1.1404 NZ dollar 0.9209 0.9217 0.6829 0.6833 Sterling pound 1.8988 1.8997 1.4081 1.4083
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 15 Apr 7 S$ Bid Offer 1-month 1.3487 1.3493 2-months 1.3493 1.3498 3-months 1.3493 1.3498 6-months 1.3512 1.3522 Source: OCBC
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        396 15 Apr 7 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Apr16 9615.00 9710.00 9487.50 9495.00 *****7 *****3 May16 9595.00 9650.00 9440.00 9440.00 2297 5192 NIKKEI 225 INDEX FUTURES Jun16 *****.00 *****.00 *****.00 *****.00 ***** *****5 Sep16 *****.00 *****.00 *****.00 *****.00 162 692 MSCI TAIWAN
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      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        206 15 Most active Apr 7 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left DBS MB eCW*****1 10 unch ***** 0.1 1480 3 KepCorp MB eCW*****2 10 0.6 3524 0.2 680 8 Singapore Post MB eCW*****2 3.9 -1.1 3090 0.4 175
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        377 15 In local curr In S$ In US$ dy yr dy yr dy yr Apr 6 Index Change Change Change Change Change Change World Preliminary 1233.0 0.6 -3.5 0.2 -6.6 0.7 -2.0 EAFE Preliminary 915.4 0.6 -9.7 0.2 -10.8 0.7 -6.4 Europe Preliminary 1313.1 0.9 -7.0
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 15 Apr 7 $S Offer Bid 0vernight 0.03 Par 1-month 0.7500 0.6250 2-months 1.0000 0.8750 3-months 1.0625 0.9375 Overnight mode: 0.03 US$ Offer Bid 7 days 0.45 0.35 1 month 0.48 0.38 2 months 0.65 0.45 3 months 0.75 0.55 6 months 1.05 0.85 9 months 1.25 1.05 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        65 15 Apr 7 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0T 0.500 01-Apr-18 99.24 5-Year NX*****X 2.250 01-Jun-21 103.69 103.75 103.70 10-Year NX*****Z 2.375 01-Jun-25 103.99 104.10 104.03 15-Year NZ*****F 2.875 01-Sep-30 107.36 20-Year NZ*****V 3.375 01-Sep-33 114.36 114.45 114.40 30-Year NA*****H
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 15 Apr-6 Price Net change change Last Trade Agricultural Apr-6 CBOT Soybeans (US cents/bu) 908.00 3.25 0.36% 13/05/2016 CBOT Soybean Oil (US cents/lb) 34.26 0.27 0.79% 13/05/2016 CBOT Wheat (US cents/bu) 463.00 -11.00 -2.32% 13/05/2016 Apr-6 LIFFE Cocoa (£/tonne) 2149.00 17.00 0.80% 13/05/2016 LIFFE Coffee (US$/tonne) 1470.00 13.00 0.89%
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    • Article
      Lock icon SGX MAINBOARD
      1893 16 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Last Vol Day Div GrYld 153 127 AIMSAMP Cap Reit 134 -0.5 383 135 133.5 1 8.3 851.4 MCap 175.5 101 ARA Asset Mgmt 115cd -0.5 338 116 115 1.7
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    • Article
      Lock icon SGX CATALIST
      314 16 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale vol 4 1.7 t Acesian Partners 3 unch 400 3 3 4.1 10.5 High Day Low Div C'vr 19.9 8.8 t Anchor Resources 8.8 -0.7 4700 10.4 8.8
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    • Article
      Lock icon SGX ETF
      87 16 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale 1019 700 CIMBASEAN40 US$ US850cd -10 0 850 850 133.3 4258 2355 DBXT China50 US$ US2720 -4 2 2722 2707 7.5 High 399 190 DBXT MSBrazil US$ US276
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  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      630 8 G O u r r/j e YYtY A° V Proudly Presented by Uniquely Yours Gourmet Japan returns for its fifth edition, bringing discerning diners the best of Japanese culinary arts as well as featuring culinary talents and produce from the Land of the Rising Sun. The month-long festivities showcases special
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      248 9 RIG€l* green restroom Specialist ■s aft X f Mr h «Qy HT X m DOU t W f 'S** <r W 1 L OFFICIAL GRAND OPENING CEREMONY RIGEL TECHNOLOGY (S) PTE LTD Rigel INNOVATION CENTRE Hi wi a t Established in 1991, Rigel Technology specialises in the design, manufacture, marketing
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  • Page 10 Advertisements
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      266 10 gourmet In partnership with HSBC 1 April 2016-31 May 2016 Introducing Eazy Gourmet, a year-long dining fiesta that celebrates a mix of dining themes, that changes every month. Prepare your taste buds to be tantalised by signature creations of Eazy Gourmet’s participating restaurants. Exclusively for HSBC cardholders, enjoy up to
      266 words
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      3870 12 GRANDNESS SINO GRANDNESS FOOD INDUSTRY GROUP LIMITED Company Registration No. *****6801H (Incorporated in the Republic of Singapore) (the “Company”) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of SINO GRANDNESS FOOD INDUSTRY GROUP LIMITED (“the Company”) will be held at Room 312, Level 3
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      Lock icon Page 12 Advertisements Column 2
      1455 12 NOTICES HLH HLH GROUP LIMITED Co. Reg. No. *****5292D (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventeenth Annual General Meeting of HLH GROUP LIMITED will be held on Monday, 25 April 2016 at 10.00 a.m. at D' Kranji Farm Resort,
      1,455 words
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      Lock icon Page 12 Advertisements Column 3
      142 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ENVIS GROUP PTE LTD (In Creditors’ Voluntary Liquidation) Reg. No. *****3594Z NOTICE OF RESOLUTION At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 133 New Bridge Road #25-03/08 Chinatown Point, Singapore
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      122 13 SWAT Accounting www.AccountStaff.com.sg lnfo(3AccountStaff.com.sg T +65 6594 7946 Enjoy the best of Switzerland before you even arrive. Discreet service. Fine regional cuisine. Warm hospitality. Thanks to our direct flight from Singapore to Zurich, it's easy to fall in love with Switzerland before you even catch a glimpse of the Alps.
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      71 16 ON THIS OPPORTUNITY Reach out to investors and affluent readers in this Investor Information Page. Advertise at less than $5,800 per full colour ad (a special package for 4 leading newspaper titles The Straits Times, The Business Times, Lianhe Zaobao and The New Paper Sunday). Contact our Sales Team now!
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      3506 17 April 7, 2016 Re: Invitation to the 2016 Annual General Meeting of Shareholders To: All Shareholders of Thai Beverage Public Company Limited Enclosures: 1. Copy of the Minutes of the 2015 Annual General Meeting of Shareholders 2. Annual report together with the report of Board of Directors and the Consolidated
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  • BANKING & FINANCE
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      Lock icon Hedge funds stung by mega-deal collapse
      776 18 But no-go on Pfizer-Allergan merger mitigated by mix of of earlier optimism and reluctance on taking super-size positions REUTERS London HEDGE funds which bet on mergers and acquisitions were hurt by the collapse of a US$160 billion tie-up between pharmaceutical companies Pfizer and Allergan
      REUTERS; PHOTOS: REUTERS  -  776 words
    • Article
      Lock icon Ex-Wall St bigwigs pouring their money into fintech firms
      920 18 They are part of a wave of investors who sank US$17.8b into the industry in the first 9 months of 2015 NYT New York FINANCE is where they built their careers. Now some of banking’s former stars are pouring millions of
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      Lock icon Chinese net buyers of HK shares from October
      879 19 Data shows mainland traders have now put more money into Hong Kong than global asset managers have invested in Shanghai BLOOMBERG Hong Kong CASH is pouring into Hong Kong stocks from across the mainland border. Chinese investors have been net buyers of
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      Lock icon Citigroup to limit executive pay when investor returns fall
      464 19 Executives to be rewarded based on total shareholder returns over a three-year period BLOOMBERG New York CITIGROUP Inc’s board changed the way the lender calculates performance pay for executives after receiving some complaints. The largest proxy advisers were not swayed. Executives
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  • ENERGY & COMMODITIES
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      1854 20 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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      1379 20 (Incorporated In the Republic of Singapore) Co. Reg. No.: *****9775K NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of Europtronic Group Ltd (the “Company”) will be held at The Conference Room, 60 Kaki Bukit Place, #01-10 Eunos Techpark, Singapore *****9 on Tuesday, 26 April
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      1334 21 NOTICES MAXI-CASH FINANCIAL SERVICES CORPORATION LTD. (Company Registration No.: *****6968Z) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Maxi-Cash Financial Services Corporation Ltd. (the “Company”) will be held at 55 Ubi Avenue 1, #06-05, Ubi 55, Singapore
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      2847 21 BBR HOLDINGS (S) LTD (Incorporated in the Republic of Singapore) Company Registration No. *****4349M NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Second Annual General Meeting of BBR HOLDINGS (S) LTD (the “Company”) will be held at 50 Changi South Street 1 BBR Building, Singapore *****6 on
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  • TECHNOLOGY
    • Article
      Lock icon Samsung posts better than expected Q1 profit rise
      498 22 Increase driven by robust sales of electronics giant’s new Galaxy S7 smartphone AFP Seoul SAMSUNG Electronics on Thursday posted a better-than-expected 10 per cent increase in first quarter profits, on robust sales of the South Korean electronics giant’s new Galaxy S7 smartphone.
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      Lock icon China Internet giants’ bonds in demand
      617 22 BLOOMBERG Hong Kong CHINA’S Internet giants are providing a haven for bond investors fleeing mounting default risks among the nation’s state-owned enterprises (SOEs). Investors are snapping up bonds from Alibaba Group Holding Ltd, Baidu Inc and Tencent Holdings Ltd, a bright spot in an
      BLOOMBERG  -  617 words
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      Lock icon Yahoo faithfuls stand by Mayer’s vision for firm
      830 23 insiders see mobile, video, native advertising and social as hidden success blossoming AFP Sunnyvale, California FOR those faithful to Marissa Mayer’s vision for the future of Yahoo, cries sounding the company’s demise stop at the door to its Silicon Valley main campus.
      AFP; PHOTO: AFP  -  830 words
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      1585 22 OEL (HOLDINGS) LIMITED (Incorporated in Singapore) (Co. Reg. No: *****3368H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of OEL (HOLDINGS) LIMITED (the “Company”) will be held at The Conference Room, No. 8 Aljunied Avenue 3, Oakwell Building, Singapore *****3 on Tuesday, 26 April
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      1340 23 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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      1567 23 HALCYON AGRI HALCYON AGRI CORPORATION LIMITED {Incorporated in the Republic of Singapore) (Company Registration No. *****4595D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting ("AGM") of Halcyon Agri Corporation Limited (the "Company") will be held at RELC International Hotel, 30 Orange Grove Road (Off
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      29 24 For advertising bookings or enquiries, please contact: Sherlyn Soh at sohyms@sph.com.sg Kevin Tan at kevintan@sph.com.sg Vincent Teo at vinteo@sph.com.sg Cecilia Yeo at cyeo@sph.com.sg. For subscription, please call 6388 3838.
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      452 25 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF ISK SINGAPORE PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****1766Z) At an Extraordinary General Meeting of the members of the above-named Company held at 3-15 Edobori, 1-Chome, Nishi-ku, Osaka 550-0002, Japan on 30 March 2016,
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      469 25 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TEL SOLAR SINGAPORE PTE. LTD. (In Members’ Voluntary Liquidation) CO. REG. NO. *****1319W NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at 8 Jurong Town Hall Road #24-05 The JTC Summit Singapore
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      3285 25 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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  • CONSUMER
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      1690 26 CHIWAYLAND INTERNATIONAL LIMITED (Registration No.: *****0437K) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of CHIWAYLAND INTERNATIONAL LIMITED (the “Company”) will be held at Rose Room I, Level 1, York Hotel, 21 Mount Elizabeth Road, Singapore on 26
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      3500 27 (Incorporated in the Republic of Singapore) (Company Registration No.: *****5416H) NOTICE OF THE ELEVENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Eleventh Annual General Meeting of Jiutian Chemical Group Limited (the “Company”) will be held at M Hotel Singapore, Anson IV, Level 2, 81 Anson Road, Singapore *****8
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  • TRANSPORT
    • Article
      Lock icon Volvo to test self-driving cars in China
      239 28 REUTERS Beijing VOLVO aims to launch an experiment involving self-driving cars in China in which up to 100 such cars could be deployed, the Swedish carmaker said on Thursday. The plan will see local drivers test the cars on public roads in everyday
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      Lock icon Creditors spurn India tycoon Mallya’s settlement offer
      687 28 He owes US$1.4 billion from the collapse of Kingfisher Airlines BLOOMBERG New Delhi INDIA’S Supreme Court has given Vijay Mallya two weeks to declare all his assets after lenders rejected the tycoon’s settlement offer over the US$ 1.4 billion owing from the collapse
      BLOOMBERG; PHOTO: REUTERS  -  687 words
    • Article
      Lock icon New Takata airbag-related death reported in Texas
      598 28 REUTERS Washington A 17-YEAR-OLD driver of a recalled 2002 Honda Civic was killed last month after a Takata Corp airbag ruptured during a rear-end crash, Honda Motor Co and US regulators said on Wednesday, the 10th US death linked to a defect that
      REUTERS  -  598 words
    • Article
      Lock icon FAA loosens United’s grip on Newark airport
      466 28 NYT New York THE US Justice Department said on Wednesday that United Airlines had dropped plans to buy extra landing and take off rights at Newark Liberty International Airport from Delta Air Lines, a deal that antitrust regulators opposed last year. The airlines’
      NYT  -  466 words
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      1606 28 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices HAiQA QUALITY CHOICE MODERN IMAGE CHINA HAIDA LTD. (Incorporated in the Republic of Singapore) Registration No. *****0428C NOTICE OF TWELFTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twelfth Annual General Meeting of CHINA HAIDA LTD. (“the Company”) will be
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  • SINGAPORE MARITIME WEEK 2016
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      Lock icon Maersk continues to grow operations
      1081 29  -  The global conglomerate has played an important part in Singapore’s growth as an international maritime centre. BY NARENDRA AGGARWAL POSITIONING FOR FUTURE GROWTH BY NARENDRA AGGARWAL FOR the Maersk Group, a conglomerate of worldwide businesses focusing on the shipping and energy industries, Singapore is the
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      Lock icon Local pioneer PIL is committed to S’pore
      665 29 FROM modest beginnings nearly 50 years ago, homegrown shipping company Pacific International Lines (PIL) has today become a premier player in the region and has played its part in Singapore’s growth as an international maritime centre (IMC). The company was founded in 1967
      665 words
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      Lock icon Leading Chinese shipping company decides to drop anchor here
      591 29 JIANGSU Steamship, a subsidiary of the Jiangsu Huaxi Group, one of the largest township enterprises in China, has dropped anchor in Singapore to grow its shipping business leveraging the Republic’s status as an international maritime centre. The new shipping entrant to
      591 words
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      76 29 ER ONLINE. •t -Tlr9 l Organteing Committee EMAS CHIYODA “S™? Key Sponsors: BemjnACmaes Subsea fSKiKSftS INCE&CO y INCISIVE LAW LLC Jurong Port /KIMHENG MARINE OILFIELD PTE LTD 355 Tnl Mencast MARINE WhatisOSV? Come onboard an Offshore Support Vessel at the 0SV@Vivo Openhouse! Waterfront Promenade at Vivocity 21-23 April 2016 10.00am-6.00pm
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      4 29 Brought to you by
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  • REAL ESTATE
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      Lock icon SRX’s HDB resale price index continues flattish performance
      514 30  -  index dips 0.1% in March after gaining 0.2% in February; number of flats resold jumps 37.6% to 1,651 units in March By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore IN A further sign of stability setting in the public housing resale market, SRX Property’s
      FILE PHOTO  -  514 words
    • Article
      Lock icon CBD office rents fall for third straight quarter
      540 30  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore OFFICE rents in Singapore’s central business district (CBD) declined 3.9 per cent in the first quarter of the year from the previous quarter their third straight quarterly drop as concerns over a global economic slowdown dampened
      540 words
    • Article
      Lock icon OUE dangles 15% discount for Twin Peaks condo
      650 30  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore OUE’S latest marketing campaign for its high-end condominium project Twin Peaks has caught the attention of market players for the steep discounts of 15 per cent off the price list and for its creative schemes. Reflecting
      650 words
    • Article
      Lock icon Manhattan renters get a break after two years of surging costs
      635 30 BLOOMBERG New York MANHATTAN apartment rents fell in March the first annual decline in two years in a sign that housing costs have approached the limits of what tenants are willing to pay. The median monthly rent was US$3,300,
      BLOOMBERG  -  635 words
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      Lock icon Bulk buyers of apartments in London getting 20% discounts
      539 30 BLOOMBERG London DEVELOPERS in central London are offering institutional investors discounts of as much as 20 per cent on bulk purchases of luxury apartments as demand from international buyers slumps amid higher taxes and low commodity prices. Concessions of about that
      BLOOMBERG; PHOTO: BLOOMBERG  -  539 words
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      Lock icon Digestible plot size helps draw bids for Sembawang Park site tender
      628 31  -  Tuan Sing’s S$481 psf ppr tops nine bids submitted and is slightly above market expectations By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore A RELATIVELY small land size, affordable lumpsum investment and the absence of competition in the locale helped a
      Source: URA  -  628 words
    • Article
      Lock icon GIC buys 25% of French property firm
      280 31 Singapore SINGAPORE sovereign wealth fund GIC said on Thursday that its affiliate has bought a 25 per cent stake in CeGeREALat 35.65 euros per share from Northwood Investors, a privately held global real estate investment and management firm. The transaction values the French
      280 words
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      36 30 PAYA UBI INDUSTRIAL PARK ••Ti'ri 'll Mai SE II I LEASE SALE Located at Ubi Avenue 1 1,168 to 7,500 sq ft Own parking space (not inclusive in listed area) Tel: 9090 2222 Avenue 1 #01-11
      36 words
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      734 31 D10 HOUSE FOR SALE BRIZAY PARK GCB 17,200sf. 2-sty. 6+1. Serene. Pool. Good plot. High grd. No long driveway. Serious seller. Keys on hand. Andy 9227 2638 D10 HOUSE FOR SALE GREENLEAF DRIVE Semi-d 3865/ 3200 sf. 2sty. 3-bdrms. Garden. Cosy/ serene. Very serious seller. Call Andy 9227 2638 D10
      734 words
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      4031 32 Shareholder information Notice of Annual General Meeting Olam International Limited (Company Registration No. *****4676H) (Incorporated in Singapore with limited liability) NOTICE IS HEREBY GIVEN that the Twenty-First Annual General Meeting of Olam International Limited (the 'Company') will be held at Room 324-326 Level 3, Suntec Singapore International Convention Exhibition Centre,
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  • GOVERNMENT & ECONOMY
    • Article
      Lock icon South-east Asia’s legacy of debt still a threat to economic stability
      610 33 Recent rebound in emerging-market sentiment may simply be masking the danger of “original sin” BLOOMBERG Hong Kong IN South-east Asia, original sin hasn’t gone away. Even as the region’s currencies rally, stock markets rise and foreign investors return, a
      BLOOMBERG  -  610 words
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      Lock icon Suu Kyi vows to press for release of political prisoners, activists
      588 33 AFP Yangon MYANMAR’s Aung San Suu Kyi on Thursday vowed to press for the release of political prisoners and student activists, hinting that a mass amnesty may be imminent as her government seeks to stamp its mark on power
      AFP  -  588 words
    • Article
      Lock icon WTO cuts world trade growth forecast to 2.8%
      264 33 REUTERS Geneva GROWTH in world trade will come to 2.8 per cent this year, lower than a previous forecast of 3.9 per cent, the World Trade Organization forecast on Thursday. It expects trade to rise to 3.6 per cent in 2017, breaking
      REUTERS  -  264 words
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      Lock icon Vietnam appoints new prime minister
      607 34 Choice of Nguyen Xuan Phuc seen as move back towards more consensus-based rule by party’s conservative wing AFP Hanoi VIETNAM’S parliament approved Nguyen Xuan Phuc as the communist country’s new prime minister on Thursday, handing him a five-year term and a range of tough challenges
      AFP; PHOTO: AFP  -  607 words
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      Lock icon Vietnam tells China to move its rig in the South China Sea
      404 34 REUTERS Hanoi VIETNAM demanded China move a controversial oil rig on Thursday and abandon plans to start drilling in waters where jurisdiction is unclear, the latest sign of festering unease among the two communist neighbours. The US$1 billion
      REUTERS; PHOTO: REUTERS  -  404 words
    • Article
      Lock icon EU may require visas from Americans and Canadians: EU source
      345 34 REUTERS Brussels THE European Union (EU) executive is considering whether to make US and Canadian citizens apply for visas before travelling to the bloc, a move that could raise tensions as Brussels negotiates a trade pact with Washington. Only Britain
      REUTERS  -  345 words
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      Lock icon Mega deals morph into mega problems for Wall Street
      860 35 Tie-ups that consolidate industries, move tax dollars offshore have been met with antitrust, legal challenges REUTERS New York IF 2015 was a dream year for Wall Street’s top dealmakers, 2016 is starting to take a nightmarish turn. Some of the mega
      REUTERS; PHOTO: REUTERS  -  860 words
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      Lock icon Netherlands rejects EU, Ukraine pact in referendum
      621 35 BLOOMBERG Amsterdam DUTCH voters rejected a treaty between the European Union (EU) and Ukraine by a resounding margin, in a referendum that exposed the extent of anti-EU sentiment in one of the bloc’s founding members. British campaigners to leave the bloc hailed the
      BLOOMBERG; PHOTO: BLOOMBERG  -  621 words
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      71 33 AUDI BMW CHEVROLET JEEP FORD CHRYSLER HYUNDAI LAND ROVER CITROEN HONDA INFINITI JAGUAR MAZDA NISSAN OPELKIA SUBARU SUZUKI TOYOTA PEUGEOT RENAULT MITSUBISHI VOLVO VOLKSWAGEN Singapore Expo Hall 4 5, 10am to 8pm 23 24 April 2016 (Saturday Sunday) Admission is free Find New Cars, Pre-owned cars and Accessories at Singapore’s
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      19 33 Show Off Your Prize Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your New CEO Announcement Notices
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      1715 34 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices NTEGRATOR INTERNATIONAL LTD. (Incorporated in Singapore) (Co. Reg. No: *****4281D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of NTEGRATOR INTERNATIONAL LTD. (the “Company”) will be held at 4 Leng Kee Road #06-04, SIS Building,
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      1301 35 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices AP OIL INTERNATIONAL LIMITED Registration No. *****2257M 30 Gul Crescent, Jurong, Singapore *****5 Annual General Meeting NOTICE IS HEREBY GIVEN that the 2016 Annual General Meeting of the members of the Company will be held at 18 Pioneer Sector 1, Jurong
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  • OPINION
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      Lock icon With more funding and greater scope, TACs must step up to the plate
      518 36 EDITORIAL ONE of the novel and striking features of Budget 2016 was Finance Minister Heng Swee Keat’s commitment to set aside S$30 million over the next five years to support trade associations and chambers (TACs) develop their
      518 words
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      Lock icon Trump’s spot-on in raising Japan, S Korea defence issue
      860 36  -  THE BOTTOM LINE By Anthony Rowley Tokyo DONALD Trump has been accused of being (among other things) immature in some of his public utterances. Yet, the issues he raised over the ability of Japan and South Korea to defend themselves are
      860 words
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      Lock icon China, Russia spread influence in divided EU
      1430 36  -  As its beacon of democracy goes dim, the EU plagued by debt, entitlements and refugees has to confront authoritarian politics at home and from afar. BY HUMPHREY HAWKSLEY BY HUMPHREY HAWKSLEY T The writer, a correspondent for the BBC, is the author of
      PHOTO: REUTERS  -  1,430 words
    • Article
      Lock icon Take the long-term view on yuan internationalisation
      990 37  -  COMMENTARY By Guy Harvey-Samuel T The writer is group general manager and chief executive officer at HSBC Singapore IT would be fair to say that the steady five-year march of the renminbi’s (RMB) or yuan’s internationalisation has been slightly knocked off its stride
      990 words
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      Lock icon Britain’s future and the race for digital dominance
      661 37  -  By John Kornblum T The writer is a former US ambassador to Germany and senior counsellor at Noerr LLP, and a member of the official Monetary and Financial Institutions Forum advisory board. This is part of OMFIF’s series on the UK EU
      661 words
    • Article
      Lock icon Property needs both valuation models
      306 37  -  LETTER TO THE EDITOR Sam Baker Co-founder CEO SRX Property StreetSine Technology Group I REFER to the article “SISV rejects com-puter-generated valuations” (BT, April 7). I completely agree with SISV officials that there is a role for physical inspections and human expertise in the final
      306 words
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      Lock icon INDIA UPGRADES ITS ARMOURY
      1251 37  -  India’s reliance on imports may well continue even as it seeks to develop an indigenous military industry. BY SAROSH BANA BY SAROSH BANA T The writer is executive editor of Business India BY FAR the largest importer of arms in the world, India is poised to
      PHOTO: REUTERS  -  1,251 words
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      2504 39 NOTICES TOLL FREE 18 0 0-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices Bonvests Holdings Limited Registration No. *****0282M (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty-Seventh Annual General Meeting of the Company will be held at The Sheraton Towers Singapore, 39
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      3430 39 ADVANCED INTEGRATED MANUFACTURING CORP. LTD. (Company Registration No. *****5216C) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twelfth Annual General Meeting of the Company will be held at Sentosa Golf Club. Serapong Room 1 and 2, Level 1. 27 Bukit Manis
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      2210 40 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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      1684 40 C&G ENVIRONMENTAL PROTECTION HOLDINGS LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Concorde 1, 3rd Level (Lobby Level), Concorde Hotel Singapore, 100 Orchard Road, Singapore *****0 on Monday, 25 April 2016 at 2:00 p.m. to transact
      1,684 words
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      2952 41 SINWA LIMITED (Registration No. *****6542H) (Incorporated in Singapore) (the “Company”) NOTICE TO ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sinwa Limited will be held at 28 Joo Koon Circle, Singapore *****7 on Monday, 25 April 2016 at 10.00 a.m. for the following purposes: AS
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      2682 41 AEM HOLDINGS LTD. Registration Number: *****6417D (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2016 Annual General Meeting of the Company will be at 8 Wilkie Road #03-08 Wilkie Edge Singapore *****5 on Thursday, 28 April 2016 at 3:00 p.m. to
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      2824 42 NOTICES TOLL FREE 18 0 0-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices Q M DENTAL GROUP (SINGAPORE) LIMITED (Registration No. *****0507R) (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Q M Dental Group (Singapore) Limited (the “Company”) will
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      2148 42 VARD a Fincantieri company VARD HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****2504K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Vard Holdings Limited (the "Company”) will be held at 55 Market Street #03-01, Singapore *****1, on Saturday, 30
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      2433 43 NOTICES TOLL FREE 18 0 0-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices Global Palm resources GLOBAL PALM RESOURCES HOLDINGS LIMITED (Company Registration No. *****1345M) (Incorporated In the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of GLOBAL PALM RESOURCES HOLDINGS LIMITED (“the
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      2778 43 TA CORPORATION LTD Co. Registration No. *****5512R (Incorporated in the Republic of Singapore) NOTICE OF THE ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of TA Corporation Ltd (the “Company") will be held at 1 Jalan Berseh #03-03, New World Centre, Singapore *****7 on Wednesday, 27
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      3704 44 VIBROPOWER CORPORATION LIMITED (Company Registration Number *****4436E) (Incorporated in the Republic of Singapore on 23 May 2000) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2016 Annual General Meeting of the Company will be held at 11 Tuas Avenue 16 Singapore *****9 on 28 April 2016 at
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      2490 44 NOTICES PTERIS GLOBAL LIMITED Registration No. *****0230M NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Pteris Global Limited (the “Company”) will be held at 28 Quality Road, Singapore *****8, on 25 April 2016, Monday at 10.00 a.m. for the following purposes: AS ORDINARY
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      2580 45 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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      2201 45 EMS *ENERGY EMS ENERGY LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****0485D) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“EGM”) of EMS Energy Limited (the "Company”) will be held at 48 Boon Lay Way, Sunflower Room 1, Level 1, Singapore
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      1920 46 C a i l a n E n n o r e J e d d a h B r i s b a n e Shanghai Chittagong Ho Chi Minh H o J e b e l A l i n g NYK RORO (ASIA) PTE. LTD. K o
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      245 46 ENG LEE SHIPPING CO PTE LTD Tel: *****222 (10 Lines) Fax: *****174/*****960 Website: www.englee.com.sg/Email: marketing@englee.com.sg CR No: **********0C REGULAR FEEDER SERVICES TO INDONESIAN (DE1) VESSEL VOY SIN ETA SIN ETD DESTINATION FREQUENCY Marco Polo 148 BST297 09/04/2016 10/04/2016 Buatan/Buatan DAILY Marco Polo 294 PRW087 09/04/2016 10/04/2016 Perawang/Perawang DAILY Marco Polo
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  • BT Lifestyle
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      Lock icon ENTER STAGE RIGHT: THE MALAYSIAN ACTOR
      1707 47  -  Malaysian actors are making waves on the Singapore stage, with some rapidly becoming marquee names. BY HELM I YUSOF names.BY HELMI YUSOF helmi@sph.com.sg @HelmiBT WHEN the curtains go up on Singapore Repertory Theatre’s Romeo Juliet later this month, the legendary lovers will both be
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  • CINEMA/ARTS
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      Lock icon Chasing the blues away
      613 48  -  Blue Man Group is launching a new world tour in S’pore for its silver anniversary. BY AVANTI NIM BY AVANTI NIM avantin@sph.com.sg “THE funny thing about wearing a mask is that you’re actually opening yourself up more,” says Phil Stanton, one of the founding members of
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      Lock icon What is the real danger here?
      590 48  -  By Geoffrey Eu DEEP into the final reel of 10 Cloverfield Lane there’s an “a-ha” moment when the film crosses the genre divide from psychological thriller to more familiar territory. By then, this well-paced chamber piece has won viewers over, not with unnecessary pyrotechnics
      590 words
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      Lock icon Award-winning political documentary makes a comeback
      397 48  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT TAN Pin Pin’s To Singapore With Love is still out of bounds for Singaporeans, but another political documentary will return for an encore screening. Jason Soo’s 1987: Untracing the Conspiracy will be shown next Wednesday, after first playing to
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      Lock icon A political thriller that gives a face to conflict
      608 48  -  By Geoffrey Eu THE moral implications of mod-ern-day drone warfare lie at the heart of Eye in the Sky, a political thriller that asks some necessarily sticky questions about rules of engagement and acceptable levels of collateral damage. It also ridicules
      608 words
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  • ARTS/MUSIC
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      Lock icon Arts fest returns with a riskier proposition
      694 49  -  Main event has 15 new commissioned works, many of which are cutting-edge and conceptual. BY HELMI YUSOF conceptual.BY HELMI YUSOF helmi@sph.com.sg @HelmiBT RISK is Ong Keng Sen’s favourite game. And the third and latest edition of the Singapore International Festival of Arts (SIFA)
      PHOTO: PHILE DEPREZ; PHOTO: JULIAN MOMMERT; PHOTO: GEMBONG HARDIAN; PHOTO: JULIA LYNN  -  694 words
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      Lock icon A showcase of puppetry traditions
      400 49  -  By helmi@sph.com.sg Helmi Yusof helmi@sph.com.sg @HelmiBT THERE’S always a sincere, salt-of-the-earth quality about The Finger Players’ theatrical productions. They rarely have anything outrageous to do with sex, politics or religion. They centre around characters searching for a connection or meaning, or just trying to survive
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      Lock icon Classical Rat Pack shows a different side
      439 49  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT YOU can see why Il Divo has had its fair share of detractors: unlike Susan Boyle and Paul Potts, the eye-candy classical-crossover act comprising tenors David Miller and Urs Buhler, baritone Carlos Marin and pop sing-er-songwriter Sebastien Izambard
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      Lock icon Local comedian ready to stand on his own
      603 49  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT LOCAL stand-up comedian Fakkah Fuzz doesn’t like just playing to a local crowd; in fact, he enjoys being outside of his comfort zone performing to a mixed audience that includes foreigners. “I’m aiming for that level where
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  • WINE/ARTS
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      Lock icon A surfeit of riches
      970 50  -  Chambertin, the king of Burgundies, is the most sought-after and most expensive Grand Cru. BY NK YONG BY NK YONG AS I sat down to dinner a few evenings ago (hosted by an Indonesian friend whom I had not seen for some time), I spied a
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      Lock icon More than 40 events lined up
      341 50  -  VOILAH! FRENCH FESTIVAL SINGAPORE 2016 By Cheah Ui-Hoon uihoon@sph.com.sg FROM art to food, museum exhibitions and science trips, the French are serious about introducing their culture to Singapore, and discovering the parallels between the two countries’ pursuits in areas beyond arts. Even though the
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      Lock icon Inspiring change through his pictures of rivers
      878 50  -  By Cheah Ui-Hoon uihoon@sph.com.sg A SHORTAGE of clean, fresh water will be the next great global crisis, say experts who have been predicting it for a few years now. And helping to create awareness about a problem that is worldwide and not just
      PHOTOS: FRANCK VOGEL  -  878 words
  • Page 50 Miscellaneous
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      337 50 CRYPTIC CROSSWORD Across 1 Worries about son’s light touch (6) 4 Discipline is found in celibate (8) 9 Times quote on start of election to raise feelings (6) 10 Particular drug (8) 12 Organ’s terrible scare after backing racing certainty (8) 13 Reveal end of filming by international forces (6)
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  • CITY LIFE
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      Lock icon Showboating in style
      871 51  -  The Singapore Yacht Show, which is back for its sixth edition, features over 100 boats of varying sizes. BY AVANTI NIM BY AVANTI NIM avantin@sph.com.sg IF you’re looking for a holiday option without the hassle of checking in your luggage, taking off your shoes at the security
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    • CITY BUZZ BT writers’ picks of what to see, do or talk about
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        Lock icon STAR-STUDDED DINNER
        170 51  -  By Tay Suan Chiang DINING Pop Up with chef Pascal Barbot RENOWNED chef Pascal Barbot of three Miche-lin-starred restaurant L’Astrance will be in Singapore for a four-night pop-up culinary event at Blu, Shangri-La Hotel. Chef Barbot is renowned for novel and unexpected combinations of ingredients and flavours in
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        Lock icon Faeryville VOD release
        155 51  -  MOVIE By Dylan Tan LOCAL underground filmmaker Tzang Merwyn Tong’s Faeryville is set to find a global audience now that it is available online on various VOD platforms including Amazon and Vimeo. The dystopian com-ing-of-age drama had a limited theatrical release last year followed by a very
        155 words
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        Lock icon Faulty Towers The Dining Experience 2016
        157 51  -  DINNER THEATRE By Helmi Yusof ARE you a fan of comedian John Cleese and his 1970s BBC sitcom Fawlty Towers, once voted the best British TV series of all time? If so, you will enjoy a three-course dinner theatre at Raffles Hotel Singapore as
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        Lock icon Menu 2.0
        209 51  -  DINING By Tay Suan Chiang Five months after it opened at The Club on Ann Siang Road, The Disgruntled Chef is introducing a new and improved menu. Menu 2.0 still has some popular items from the old menu, such as the Truffle Brioche, Baked Truffle Brioche, Baked Bone
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        Lock icon JAAN Four Hands Collaboration with Mark Moriarty
        176 51  -  DINING By Rachel Loi AS part of this year’s World Gourmet Summit, Dub-lin-based chef Mark Moriarty winner of the San Pellegrino Young Chef of the World 2015 will be in Singapore this coming week to cook alongside JAAN’s chef de cuisine Kirk Westaway.
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      939 52 SALON G O U R M In partnership with HSBC <Z> I HSBC M vw_ EUROPEAN <2~<p SIGNATURES m A HEARTFELT The Culinary Artistry of Chef Ivan Brehm with the wines of The Ojai Vineyard b The Flavours of Greece II im i The Champagne Louis Roederer Dinner featuring the
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