The Business Times, 11 July 2016

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Total Pages: 36
1 36 The Business Times
  • 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 GMonday, July 11, 2016
    22 words
  • Article, Illustration
    189 1 Australia’s Prime Minister Malcolm Turnbull has declared victory for the ruling conservatives after the Labor opposition conceded defeat. TOP STORIES 2 Minister for National Development Lawrence Wong highlighted three key considerations that Singapore takes into account in its urban planning. TOP STORIES 4 Facebook says it will begin
    189 words
  • 25 1 Weekly Change STI 2,847.04 +0.67 KL COMP 1,644.54 -1.68 NIKKEI 225 15,106.98 -575.50 HANG SENG 20,564.17 -230.20 SHENZHEN B 1,116.92 +9.73 DOW 18,146.74 +197.37
    25 words
  • 1494 1  - Brexit throws up interesting punts but caution still rules With more uncertainty to come, analysts say there’s no hurry to buy UK and European assets By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore DON’T jump in just yet. With the sterling down 10-15 per cent after Britain voted to leave the European
    Compiled from Bloomberg at 7.30pm, July 8, 2016.  -  1,494 words
  • 699 1  -  President Tony Tan unveils Climate Action Plan to cut emissions, adapt to climate shifts By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore CITIES have to take the lead in finding solutions to address challenges brought about by changing weather patterns, said President
    Source: National Climate Change Secretariat  -  699 words
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  • TOP STORIES
    • 600 2 This is despite the project at Woodlands Avenue 12 collecting 240 e-applications Singapore ONLY 20-odd units at Northwave have been sold on the first day of sales, despite the 358-unit executive condominium (EC) project collecting 240 e-applications. This is a
      600 words
    • 681 2 AFP Sydney AUSTRALIA’S Prime Minister Malcolm Turnbull on Sunday declared victory for the ruling conservatives after the Labor opposition conceded defeat, but faced a tough time ahead after the narrow mandate in the closely fought election. The declaration ended eight days of
      AFP  -  681 words
    • 945 2  -  WALL STREET INSIGHT By Rob Curran btworld@sph.com.sg US STOCKS rose last week and came within an inch of all-time highs as bulls discarded worries about the European Union (EU) and concentrated on the strong June jobs report. But rumblings in the
      945 words
    • 834 2  -  By Anthony Rowley btworld@sph.com.sg Tokyo JAPANESE Prime Minister Shinzo Abe’s ruling coalition appeared headed for a landslide victory in Sunday’s upper house election, exit polls showed after voting closed on a critical event that could swing the balance of military
      constitution. PHOTO: AFP  -  834 words
    • 727 4  -  COMPANY OF GOOD By Grace So graceso@sph.com.sg Singapore SWENSEN’S parent firm ABR Holdings is bringing “treats to everyone in the family”, including less fortunate families who often need more than just free ice cream and cakes. ABR is no stranger
      727 words
    • 639 4  -  Minister spells out factors at the World Cities Summit Mayors Forum where city leaders pledge support to make their cities resilient and identify areas of action By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore MINISTER for National Development Lawrence Wong on Sunday highlighted three key considerations
      639 words
    • 370 4  -  Coalition forces invade Iraq; Asean agrees on economic integration. The Business Times has been there to report and analyse the most significant news since 1976. Every week, this feature will showcase excerpts from the biggest stories for each year that the paper has been
      BT Graphics: Dania Amiril  -  370 words

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    • 2247 3 ADVERTORIAL The numbers are starting to make sense Data analytics is making a difference by changing mindsets and providing the intelligence for better “decision-making” across the public and private sectors, say infocomm leaders From knowing customers better at the very moment they transact to predicting when a building’s air-conditioner needs
      2,247 words

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    • 191 4 Reaching out to 1.9 Billion People Nb 7^ ''zr «t' ■'M f«S I -try* 'i* c c. Welcome to the 13 th China-ASEAN Expo September 11 th 14 th 2016 Nanning, China 5 major pavilions for commodity trade, investment cooperation, advanced technology, trade in services and cities of charm Showcasing
      191 words

  • WEALTH PLANNING
    • 767 5  -  More family businesses are implementing governance structures that lay the ground rules to keep work and personal matters separate. BY FRANCIS KAN RUNNING a family business comes with a set of unique issues that other forms of enterprises do not have to deal with. Foremost
      Source: Family Business Review; PHOTO: FREEIMAGES  -  767 words
    • 218 5 THE Three-Circle Model of the Family Business System was developed at Harvard Business School by professors Renato Tagiuri and John A Davis in the 1970s. It describes and explains the family business system at a single point in time. This makes it
      218 words
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  • COMPANIES & MARKETS
    • 1040 6  -  Boardroom aims to stay ahead of the competition by taking on technologies that enable it to serve clients better. TOPLINE BY TAN EFFIE taneffie@sph.com.sg DESPITE being a leader in the corporate and advisory services sector, mainboard-listed Boardroom Ltd is not resting on its laurels.
      PHOTO: YEN MENG JIIN  -  1,040 words
    • 947 7  -  The law imposes a duty on a company’s directors to look after the interests of its creditors. BOARDROOM MATTERS BY VICTOR YEO T The writer is a member of the Brand and Communications Committee of the Singapore institute of Directors
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    • 1850 7  -  INSIDE MARKETS By Robert Halili T The writer is managing director, Asia insider Limited BUYING by directors fell during the holiday-shortened week of July 4 to 8: Twelve companies recorded 18 insider purchases worth S$0.76 million. The figures were sharply down from
      1,850 words
    • Article, Illustration
      63 8 STI Catalist WEEKLY Straits Times Index July 8,2016 2,847.04 +0.67 (+0.02%) Current streak 3 days Week high 2,870.56 Week low 2,847.04 52-week high 3,353.45 (July 17, 2015) 52-week low 2,539.95 (Feb 12, 2016) FTSE ST Catalist index July 8,2016 459.35 +14.73 (+3.31%) Current streak 1 day Week high 461.90 Week
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    • 73 8 BY CENTS CLOSE UP 52w high/low DBXT Nifty50 ETF10 ***** 292.6 1.8 *****/***** GLD US$ ***** 271.0 1.6 *****/***** Lyxor Indonesia US$ 8491 213.1 1.9 8491/6250 DBXT ASX200 US$ 3362 156.4 3.6 3559/2900 DBXT Vietnam US$ 2451 93.0 2.9 2786/2017 BY PERCENTAGE CLOSE UP 52w high/low InnoPac 0.2 100.0
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    • 75 8 BY CENTS CLOSE DOWN 52w high/low DBXT AUDCS SG$ ***** -494.0 -2.1 *****/***** DBXT MSEurope US$ 5046 -183.4 -2.6 6064/4770 DBXT E50 US$ 4130 -176.6 -3.1 5242/3918 DBXT China50 US$ 2790 -85.0 -2.2 3500/2355 Prudential USD 1690 -80.9 -3.4 2500/1680 BY PERCENTAGE CLOSE DOWN 52w high/low AP Strat W*****9
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    • 79 8 VOL CLOSE($) CHANGE Asian Micro 548.9 0.010 -0.008 -44.44 Nico Steel^ 1,270.0 0.011 -0.004 -26.67 Equation 24,489.0 0.004 -0.001 -20.00 CPH 500.1 0.005 -0.002 -28.57 Jadason^ 27,193.8 0.024 +0.004 +20.00 Dapai Intl^ 9,761.4 0.010 +0.001 +11.11 Ellipsiz 7,187.0 0.390 +0.020 +5.41 Fuxing China 10.0 0.196 -0.024 -10.91 Hi-P
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    • 608 8  -  STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT CRITICS of the local market have often labelled it as “boring” and “too small” compared to other, supposedly more exciting and undeniably larger markets like Hong Kong and China. Yet being small and/or boring has its
      608 words
    • 306 8 Stock name Close Change Wk high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 245 -1 250/243 253 209 6.3 6461.5 CapitaCom Trust 151.5 +1.5 155/150 155 122.5 5.7 4478.8 CapitaLand 299 -9 309/296 350 267 12 3 ***** CapitaMall Trust 216 -1 220/213 225 184.5
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    • 36 8 VOLUME Noble R 1,651,298,400 Noble 559,817,000 Anchor Resources 164,848,500 CNMC Goldmine 139,376,000 Spackman 118,311,600 Market volume 8,374,913,000 VALUE Singtel 439,068,751 DBS Grp 248,992,775 UOB 221,505,193 OCBC Bank 147,440,415 Noble R 129,235,016 Market value 4,081,507,000
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    • 77 8 Jul 8 VALUE CLOSE BT OB/OS 2.00 -77.00 BT CADI -*****.00 -59.00 BT 10-day MA -*****.00 +1.00 FTSE ST Mid Cap 680.21 -4.74 FTSE ST Small Cap 388.75 -2.04 FTSE ST All Share 694.91 -3.17 FTSE ST China Top 159.47 -0.39 FTSE ST China 188.05 -0.61 FTSE
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    • 109 8 Fund Last sale +/-(‘000) Wk high/low 52w high/low Buy/Sell Mcap STI ETF 288 -1 1748 293/287 343/254 288/289 IS MS INDIA US$ US695 -3 538 703/691 780/575 695/698 86.9 GLD US$ US***** +201 325 *****/***** *****/***** *****/***** 67.1 DBXT MSRussia US$ US193 -4 320 196/192 206/129
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    • 133 8 COMPANY MEETING PLACE DATE TIME Capitaland Comm Tr E The Star Gallery (Lvl 3) The Star Performing Arts Centre 1 Vista Exchange Green 13-Jul 2.30pm Intl Healthway Corp A The National University of Singapore Society E Kent Ridge Guild House 13-Jul 10.30am Delivery Room 9 Kent Ridge Drive
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    • 36 8 STI FTSE ST All-Share WEEKLY ftse ST All-Share index July 8,2016 694.91 +0.44 (+0.06%) Current streak 3 days Week high 699.81 Week low 694.91 52-week high 801.81 (July 17, 2015) 52-week low 629.34 (Feb 12, 2016)
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    • 34 8 STI MSCI EAFE WEEKLY MSCI EAFE index July 8,2016 1,592.10 -28.53 (-1.76%) Current streak 2 days Week high 1,619.46 Week low 1,573.30 52-week high 1,889.53 (July 17, 2015) 52-week low 1,492.43 (Feb 12, 2016)
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 9 3 0 1 0 5 10 3 Manufacturing 47 58 27 16 14 9 63 72 36 Commerce 24 27 14 5 12 2 29 39 16 Tpt/Stor/Comms 16 14 8
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    • 125 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 50,777 6,607 57,384 166,120 1,335 167,455 Manufacturing 342,584 283,020 625,604 385,127 11,484 396,611 Commerce 2,367,068 157,588 2,524,656 397,531 5,064 402,595 Tpt/Stor/Comms 447,874 11,591 459,465 786,496 1,089 787,585 Finance 116,373 262 116,635 686,050 34 686,084 Construction
      125 words
    • 894 8 COMMODITIES BLOOMBERG New York US STOCKS jumped, pushing the S&P 500 Index within striking distance of an all-time high, and the dollar headed for a weekly gain after a surge in hiring alleviated concern about the strength of the world’s largest economy.
      BLOOMBERG  -  894 words
    • 400 9 CURRENCIES AFP Geneva SWITZERLAND’S central bank will react with “flexibility” to the shifting economic realities following Britain’s vote to leave the European Union, its chief said in a newspaper interview published on Sunday. “The question for Switzerland is to figure out how to adapt
      AFP  -  400 words
    • FOREX RATES
      • 471 9 Jul 8 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.975 5.014 0.677 5.816 50.514 98.423 0.754 8.682 3.028 1.033 78.521 35.354 1.011 11.048 0.734 24.215 26.421 0.580 0.750 Canada 1.025 5.141
        471 words
      • 155 9 Jul 8 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0106 1.0120 0.7495 0.7500 Canadian dollar 1.0363 1.0374 0.7688 0.7685 Euro 1.4932 1.4945 1.1074 1.1076 NZ dollar 0.9780 0.9791 0.7253 0.7256 Sterling pound 1.7425 1.7448 1.2923 1.2931
        155 words
      • 22 9 Jul 8 S$ Bid Offer 1-month 1.3485 1.3496 2-months 1.3488 1.3499 3-months 1.3490 1.3503 6-months 1.3501 1.3512 Source: OCBC
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      • Article, Illustration
        3 9 WEEKLY
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      • Article, Illustration
        2 9 WEEKLY
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      • 3 9 COMPOSITEWEEKLY
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      • Article, Illustration
        3 9 WEEKLY
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    • 984 9 Jul 8 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Jul16 9365.00 9412.50 9317.50 9357.50 ***** *****1 Aug16 9375.00 9387.50 9300.00 9335.00 1204 5479 NIKKEI 225 INDEX FUTURES Sep16 *****.00 *****.00 *****.00 *****.00 ***** *****2 Dec16 *****.00 0 5946 MSCI TAIWAN INDEX FUTURES
      984 words
    • 219 9 Jul 8 $S Offer Bid 0vernight 0.03 0.01 1-month 0.6875 0.5625 2-months 0.8750 0.7500 3-months 0.9375 0.8125 Overnight mode: 0.01 US$ Offer Bid 7 days 0.52 0.42 1 month 0.55 0.45 2 months 0.65 0.45 3 months 0.75 0.55 6 months 1.05 0.85 9 months 1.25 0.95 12
      219 words
    • 252 9 Jul-8 Price Net change change Last Trade Agricultural Jul-8 CBOT Soybeans (US cents/bu) 1089.75 35.50 3.37% 14/07/2016 CBOT Soybean Oil (US cents/lb) 30.27 0.54 1.82% 14/07/2016 CBOT Wheat (US cents/bu) 420.75 8.75 2.12% 14/07/2016 Jul-8 LIFFE Cocoa (£/tonne) 2546.00 -3.00 -0.12% 14/07/2016 LIFFE Coffee (US$/tonne) 1795.00 35.00
      252 words
    • 1039 10 These offer ability not just to make recordings but to broadcast events as they unfold NYT New York AFTER back-to-back killings of black men by police officers last week, scores of African-Americans declared on social media that they
      NYT; PHOTO: AFP  -  1,039 words
    • 238 10 Jul 8 BANKS Agricultural Bank Of China 5.50 Agricultural Bank Of China Bangkok Bank Public Co. Ltd 6.00 ANZ Singapore Bank of Communications 5.50 Bangkok Bank Public Co. Ltd ...6.00 Bank of China Limited Bank of Tokyo-Mitsubishi Bank of Communications Banque Internationale a Bank of East Asia
      238 words
    • 423 10 BLOOMBERG New York HAS China bitten off more than it can chew when it comes to making chips? That’s where Orbotech Ltd comes in: to make sure the billions are well spent. Orbotech makes inspection and repair tools that help factories
      BLOOMBERG  -  423 words
    • 681 10 Payment Ex Rec Pay Ann (cts) date date date date 8Telecom Intl Hldgs by 448.600 22-Mar 24-Mar 15-Jul 17-Mar Acromec Ltd aw 0.300 08-Jul 12-Jul 20-Jul 02-Jun AEM Hldgs aw 0.500 05-Jul 08-Jul 22-Jul 03-May AIMS Property Sec Fd do 0.183 28-Jun 30-Jun 16-Sep 22-Jun Ban Leong Tech
      681 words
    • 1217 10 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (times) Accordia Golf Trt 1.00 1.00 1 0.07 9.35 0.92 0.64 AIMS AMP Cap Industrial Reit 1.00 1.00 4 0.11 13.04 1.50 1.42 ARA Asset Mgt 1.25 1.25 2 0.08
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    • 2046 12 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E $mil Company Last Sale vol ('000) High week 151 127 AIMSAMP Cap Reit 142 +3 1678 142 139.5 0.9 8 903.8 Div 169.8 101 ARA Asset Mgmt 137.5 -0.5 1105 140
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    • 379 12 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale vol ('000) High 0.9 0.2 t Advanced Systems 0.2 unch 202 0.2 0.2 5.3 Low Div C'vr 19.9 8.3 t Anchor Resources 14.7 +3.1 *****8 15 11.7 41.1
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    • 170 12 52-Wk Last Vol Week Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale 1290 991 CIMBASEAN40 S$D 1159 +10 0 1159 1159 941 700 CIMBASEAN40 US$ US853 +8 28 855 845 133.8 3500 2355 DBXT China50 US$ US2790 -63 40 2880
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    • 16 7 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices
      16 words
    • 37 7 T For more articles go to btd.sg/BMatters AccountStaff A Stone Forest Company '"rsm RETAIL Accounting We Take Away Your Pain Points Processing voluminous invoices payments Reconciliation of receipts collections End-to-end accounting www.AccountStaff.com.sg lnfo($AccountStaff.com.sg T +65 6594 7946
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  • Page 12 Advertisements
    • 94 12 SGX^ Research like a pro. Try out SGX StockFacts The free research and stock fundamentals portal dedicated to SGX-listed companies Singapore Exchange sgx.com/stockfacts This advertisement has been published for general circulation only. It is not an offer or solicitation to buy or sell, nor financial advice or recommendation, in relation
      94 words

  • REAL ESTATE
    • 768 13 Landlords have granted concessions in 9.7% of all new deals, the highest share for June in more than five years New York MANHATTAN renters left their apartments in search of better deals last month, pushing back against landlord price increases
      FILE PHOTO  -  768 words
    • 529 13 BLOOMBERG Seoul A 20 TRILLION won (S$23 billion) stimulus boost couldn’t have come at a better time for Korean builder stocks languishing near 11-year lows. Hyundai Development Co Engineering Construction and GS Engineering Construction Corp rose 3 per cent
      BLOOMBERG; PHOTO: REUTERS  -  529 words
  • Page 13 Advertisements
    • 1793 13 FREE MODERN SILK ROAD ISKANDAR INVESTMENT (RM220 BILLION FDI) SEMINAR 11 BROUGHT TO YOU BY: C A MANAGEMENT CONSULTING PTE LTD Speaker taJF A: 30 years of Consulting Experience CP Chong CA(S) CA(M) FCCA(UK) ACMA(UK) ACIS(UK) ■lUVY- (30^«|fi^)«|i5J^) Date and Time 0S02&Ht|Bj: IS July 2016 (FRI) 10am to 1pm (English)
      1,793 words

  • VIEWS FROM THE TOP
    • 2947 14 THIS WEEK’S TOPIC What challenges and/or opportunities do you see in sustainability reporting? Philip Levinson CEO and Executive Director Cambridge industrial Trust Management SUSTAINABILITY reporting may seem challenging at first as the framework is new and to a great extent subjective in nature. Sustainability reporting also
      REUTERS  -  2,947 words

  • Page 15 Advertisements
    • 88 15 The full list of views from CEOs is available at http://businesstimes.com.sg The ONE App INVEST anywhere, everywhere Markets Covered Singapore Malaysia Indonesia Thailand Hong Kong US Australia Download Win! Stand a chance to win a Samsung Galaxy S7 edge or iPhone 6s when you download and use ShareInvestor Mobile. 2
      88 words

  • BT-CITIBANK YOUNG INVESTORS’ FORUM
    • 2462 16 While similar exit referendums are not likely to be held in Europe, anti-EU parties are gaining power in the continent Following the surprising Leave outcome in the UK’s referendum on European Union (EU) membership on June 23, we regard it as likely that the UK will
      PHOTO: AFP  -  2,462 words
  • Page 16 Advertisements
    • 105 16 GET STARTED NOW Be a young investor DO you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
      105 words

  • RSA CONFERENCE 2016
    • 2084 17 Roundtable participants: Chris Richter, senior vice-president of global security services. Level 3 Communications, a global technology company Etay Maor, executive security adviser, IBM Security Bryce Boland, chief technology officer for Asia-Pacific at FireEye Alex Holden, chief information security officer, Hold Security Moderator: Narendra Aggarwal
      2,084 words
  • Page 17 Advertisements
    • 178 17 I Don t miss Closing Keynote Speaker Sir Bob Geldof! Musician, Businessman, Activist I A Connect to Protect Connect with the best minds in information security. Join infosec professionals and industry leaders at RSA Conference 2016 Asia Pacific Japan. Over the course of three days, you'll gain the latest knowledge,
      178 words

  • BANKING & FINANCE
    • 780 18 Its share price has slid to new lows, fuelling concerns about the health of the institution; the IMF has described the German lender as a “systemic” risk to global finance AFP Frankfurt DEUTSCHE Bank once epitomised the best of Germany’s financial sector, shining brightly
      AFP; PHOTO: AFP  -  780 words
    • 986 18 NYT New York IT’S a frustrating fact of life for many mutual fund investors: Even if they are distressed by outsize executive compensation at public companies whose shares they indirectly own, chances are good that the votes cast by their
      NYT  -  986 words
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  • ENERGY & COMMODITIES
    • 601 19 The Pentagon is finding that clean power helps the US military execute its mission in big and small ways; it is now a major player WP Washington A MAJOR player in US renewable energy happens to be a five-sided building in Virginia usually associated
      WP  -  601 words
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    • 1891 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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    • 1904 19 JASPER INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) (Co. Reg. No. *****0983H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Level 27, Ocean Financial Centre, 10 Collyer Quay, Singapore *****5 on Tuesday, 26 July 2016 at
      1,904 words

  • TECHNOLOGY
    • 1201 20 Redfin’s CEO has defied the industry’s conventional wisdom by hiring full-time agents Seattle WHEN Glenn Kelman became the chief executive of his online real estate startup, he defied the tech industry’s conventional wisdom about how to grow. Instead of hiring independent contractors,
      PHOTO: NYT  -  1,201 words
    • 737 20 said.NYT Menlo Park, California TWO years ago, Messenger, a photo and text messaging service, appeared to be almost an afterthought at Facebook, the social networking giant. Messenger often took a back seat to the limelight enjoyed by WhatsApp, the
      said.NYT; PHOTO: NYT  -  737 words
  • Page 20 Advertisements
    • 1415 20 NOTICES HIAP TONG CORPORATION LTD. Company Registration No. *****0657N Incorporated in the Republic of Singapore NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Eighth Annual General Meeting (“AGM”) of Hiap Tong Corporation Ltd will be held at Raffles Marina Ltd, Chartroom, 10 Tuas West Drive, Singapore *****4,
      1,415 words

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    • 1993 21 oa jj BOUSTEAD! Since 1828 BOUSTEAD SINGAPORE LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****1036K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Boustead Singapore Limited (the “Company”) will be held at Room MR331, Level 3, Suntec Singapore Convention and
      1,993 words
    • 3070 21 JASON MARINE GROUP LIMITED Company Registration No.: *****6601W (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN thatthe Annual General Meeting (“AGM”) of Jason Marine Group Limited (the “Company”) will be held at 194 Pandan Loop, #05-27 Pantech Business Hub, Singapore *****3 on Tuesday,
      3,070 words

  • CONSUMER
    • 513 22 REUTERS New York WELLCARE Health Plans Inc and Centene Corp have made competing offers for the Medicare Advantage insurance plans that Aetna Inc is looking to shed as its seeks clearance for its acquisition of Humana Inc, people familiar with the matter said.
      REUTERS  -  513 words
    • 475 22 thropic pledge after Jack Ma’s. REUTERS Hangzhou LAWSUITS and investigations are an opportunity for Alibaba Group Holding Ltd to be better understood, founder and executive chairman Jack Ma said in an interview on Saturday. The US Securities and Exchange Commission
      thropic pledge after Jack Ma’s. REUTERS; PHOTO: REUTERS  -  475 words
    • 771 22 WP Tokyo “INFRA-TOURISM”, or sightseeing at large-scale infrastructure utilities such as dams, bridges and roads, is gaining popularity. Visitors can enjoy dynamic views such as the thunderous discharge of water at a dam, or a suspension bridge from high above, while also learning about the roles
      WP  -  771 words
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    • 621 23 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF HIGH-5 FOOD (S) PTE LTD (IN PROVISIONAL LIQUIDATION) (COMPANY REGISTRATION NO. *****0016M) NOTICE OF APPOINTMENT OF PROVISIONAL LIQUIDATORS Take notice that Messrs Sajjad Ahmad Akhtar and Chin Sek Peng Michael, both care of 6 Shenton Way
      621 words
    • 3514 23 TriTech TRITECH GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****9330R) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 8th Annual General Meeting of the Company will be held at 31 Changi South Avenue 2, Singapore *****8 on Tuesday, 26 July 2016 at 2.30
      3,514 words

  • Page 24 Advertisements
    • 3245 24 NOTICES TOLL FREE 18 0 0-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices YOMA STRATEGIC HOLDINGS LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****0185E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of YOMA STRATEGIC HOLDINGS LTD. (the “Company”) will be held at
      3,245 words
    • 33 24 Choose from Prime Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Tenders Auctions Notices Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices
      33 words

  • Page 25 Advertisements
    • 3650 25 OLD CHANG KEE LTD. (Incorporated in the Republic of Singapore on 16 December 2004) (Company Registration No. *****6190W) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the annual general meeting (“AGM”) of the Company will be held at Republic Polytechnic, 9 Woodlands Avenue 9, Singapore *****4, Lecture Theatre
      3,650 words
    • 2980 25 EUROSPORTS GLOBAL LIMITED (Incorporated in Singapore) (Registration No. *****0284Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of EuroSports Global Limited (the “Company”) will be held at Raffles Hotel Singapore, Casuarina Suite A, Level 3, 1 Beach Road, Singapore *****3 on Thursday 28 July
      2,980 words

  • GOVERNMENT & ECONOMY
    • 807 26 Public health insurance is wide-reaching, but the coverage is basic REUTERS Shanghai AS China’s medical bills rise steeply, outpacing government insurance provision, patients and their families are increasingly turning to loans to pay for healthcare, adding to the country’s growing burden of
      REUTERS  -  807 words
    • 427 26 REUTERS Hanoi VIETNAM’S economic growth in 2016 is expected to slow to 6.2-6.3 per cent, after expanding last year at the fastest pace in eight years, as export and industrial production growth is projected to fall short of target, a government official
      REUTERS; PHOTO: BLOOMBERG  -  427 words
    • 326 26 AFP Hong Kong HONG Kong’s leader on Sunday blamed a huge rise in rubbish blighting the city’s beaches on refuse washed ashore from the mainland, and pledged talks with Chinese authorities to stem the tide. Environmentalists have posted images on social
      AFP  -  326 words
    • 683 28 June consumer inflation under official 2016 target of 3%, indicating persistently weak domestic demand REUTERS Beijing SOFT Chinese inflation and G-20 concerns that the global recovery remains grim are hardening views among some economists that more government stimulus will be
      REUTERS; PHOTO: REUTERS  -  683 words
    • 975 28 NYT Serang, Indonesia LYING on the floor against a gym bag full of clothes in a two-room shack in the West Java town of Serang, Saeni tried to explain how her life had been turned upside down, but she fainted before
      NYT; PHOTO: KEMAL JUFRI/THE NEW YORK TIMES  -  975 words
    • 507 28 AFP Shanghai THE world’s top 20 economies will work to boost sluggish global trade despite growing protectionism, overcapacity concerns and uncertainty over “Brexit”, G-20 trade ministers said on Sunday at a meeting in Shanghai. “The global recovery continues but it remains
      AFP  -  507 words
    • 699 28 AFP New Delhi BRITAIN’S vote to leave the European Union and simmering discontent in other Western countries is seen as hastening the arrival of an “Asian Century”, analysts say, led by the rise of China and India. By 2050,
      AFP  -  699 words
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    • 3886 27 NOTICES TOLL FREE 18 0 0-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices BOUSTEAD PROJECTS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****3900E) EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of Boustead Projects Limited (the “Company”) will be held at Room MR331, Level 3,
      3,886 words


  • TRANSPORT
    • 566 29 Certification clears way for transport planemaker to retrofit engines on existing planes with a modified part legacy aircraft,” the company said. REUTERS Raf Fairford, England EUROPEAN authorities have certified an interim fix for a power gearbox issue with engines on Airbus
      legacy aircraft,” the company said. REUTERS; PHOTO: REUTERS  -  566 words
    • 269 29 REUTERS Farnborough, England GERMAN airline Germania is close to placing an order with European planemaker Airbus for around 25 A320-family jets, two industry sources said. The privately-held German carrier operates a mixed fleet of Airbus and Boeing jets, but has said
      REUTERS  -  269 words
    • 262 29 REUTERS Stuttgart PORSCHE aims to keep its profit margin running at a double-digit percentage of sales in the coming years, chief executive Oliver Blume said last Friday, benefiting from more efficient production while boosting spending on its first all-electric car. The Volkswagen-owned
      REUTERS  -  262 words
  • Page 29 Advertisements
    • 131 29 TIME TO VIE FOR A SPOT TO REPRESENT SINGAPORE AT THE WORLD AMATEUR GOLFERS CHAMPIONSHIP IN DURBAN, SOUTH AFRICA SIGN UP NOW www.tnp.sg/WAGC Ron Totton Division A Champion, 2015 SINGAPORE QUALIFIERS presented by GOODIE BAG WORTH OVER $750 Get a Ice Chrono Electrik Watch worth $300, Golfing Vouchers from The
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    • 1925 30 THE BUSINESS TIMES SHIPPING TIMES MONTREAL 10 120 29/7 30/7 4/8 MONTREAL 10 120 29/7 30/7 4/8 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) CIW PGU SIN PKL JKT SUR GENIUS STAR I 001 60 21/7 24/7 26/7 CALMY CORAL 103 60 26/7
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    • 244 30 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 188 PRW203 07/07/2016 08/07/2016 Perawang/Perawang DAILY Marco Polo 128 BST019 07/07/2016 08/07/2016 Buatan/Buatan DAILY Marco Polo
      244 words

  • DINING OUT
    • 917 31  -  The relaunched Bochinche serves up modern European with touches of Argentinian cuisine. BY JAIME EE NEW RESTAURANT Bochinche 115 Amoy Street #01-02 Tel: 6235-4990 Open for lunch and dinner from Mon to Fri: 12pm to 2.30pm; 6pm to 10.30pm (11pm on Fri). Sat: 11am to
      PHOTOS: JAIME EE, BOCHINCHE  -  917 words
  • Page 31 Advertisements
    • 233 31 $53.50 Value.able shares with us the right mindset which every investor should have and how we can identify the extraordinary businesses in the stock market. Most importantly, it teaches us the different valuation models for stocks valuation. By following the 3 simple steps mentioned in the book, investors are able
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    • 16 31 All you need is love (and coffee) Grab a copy at all good bookstores and www.stpressbooks.com.sg
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  • LIFE & CULTURE
    • 1157 32 Regime change was felt everywhere, even though the new order has yet to take shape NYT Paris THERE they were, the petites mains, bent over their pattern tables, kneeling by a hemline, sewing, cutting, basting: 78 of the unheralded
      NYT; PHOTOS: NYT  -  1,157 words
    • 730 32 Defending three-time champion reels off fourth win in five races, narrows Rosberg’s championship lead AFP Silverstone, United Kingdom LEWIS Hamilton completed a hat-trick of home wins on Sunday when he triumphed ahead of Nico Rosberg in the British Grand Prix to cut his Mercedes team-mate’s
      AFP; PHOTO: AFP  -  730 words
  • Page 32 Miscellaneous
    • 325 32 CRYPTIC CROSSWORD Across 5 Trip in street like Uriah ’eep (7) 7 Word of prayer finally effected change (5) 9 Placed by entrance a superior food item (6) 10 See a rite out of place in restaurants (8) 11 One engaged to work is against going by vehicle (10) 13
      325 words