The Business Times, 19 March 2005

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Microfilm: NL26150
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 THE BUSINESS TIMES weekend SMGATOMESants March 19-20, 2005 online at http:/business-times asial com sg
    14 words
  • Article
    Lock icon China can make forex changes with care: PM
    641 1 He says both Malaysia and China likely to alter currency values with circumspection Bloomberg [SINGAPORE] China and Malaysia will be able to change their fixed ex-change-rate regimes without disrupting financial markets, Singapore Prime Minister Lee Hsien Loong said in an interview. Both
    Bloomberg  -  641 words
  • Article
    Lock icon S'pore, Tokyo are tops in Asia for quality of life: survey
    622 1  -  Geneva and Zurich continue to head the list of 215 cities By WONG WEI KONG [SINGAPORE] Singapore and Tokyo offer the highest quality of life in Asia but they lag cities in Western Europe, North America, Australia and New
    622 words
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      63 1 mnt c MKfSW ii wen GO CLUBBING Country dab food thafsatmoet haute onisme pg 24 RAFFLES CONVERSATION James Turley, chairman and CEO of Ernst and Young, on the fight against corporate misgovernance BT ONLINE For the latest financial news, currency movements and a 7-day archive, visit business-times.asial .com.sg This service
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      Lock icon Page 1 Advertisements Column 2
      165 1 INVESTMENT ROUNDTABLE Vfe V AjA m 1 Has Singapore got what it takes to be a global city like New York? re 18 dP I 1.1 J l linn c\ ***** <»\ 111«> 11 Will i(.". 11 •11 11 i» •>ii i (> I S\\ 11 /1 11.***** *****. t
      165 words
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      Lock icon Page 1 Advertisements Column 3
      60 1 H|E3§B CAR H|P REVIEW TheVWOotfGn is it PG 19 Looking for a property? A new job? Jan 3 I?-3 _t These an? nvrtant decision-. n-i it nays to track wn ever/ opportu:■ T. from today, tilt-"' .villlv. a new soup j < u infof(Tiot:i»!! on property joixb Ihe Busii!iiiif's C'asstfi'
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  • TOP STORIES
    • Article, Illustration
      Lock icon Remisier in CJ libel case committed to psychiatric ward
      613 2  -  He's acquitted because he was of 'unsound mind' at the time By MICHELLE QUAH [SINGAPORE] Former OCBC Securities remisier Boon Suan Ban will be detained at the Institute of Mental Health (IMH) "at the pleasure of the President" after he pleaded
      CAROLINE CHIA/ST  -  613 words
    • Article
      Lock icon Top accountants ponder shift to LLP status
      750 2  -  PwC inclined to convert, but four others undecided By ANNA TEO [SINGAPORE] The top five accounting firms in Singapore are considering the pros and cons of restructuring themselves into limited liability partnerships (LLPs). And at least one of them PricewaterhouseCoopers (PwC) is inclined
      750 words
    • Article
      Lock icon THREE-MINUTE DIGIEST
      822 2 Boardroom buys Hong Kong units for HKsll2m VETERAN broker Goh Geok Khim is certainly not sitting around idly although he is cashing out his entire stockbroking business, GK Goh Holdings. Mr Goh, in his capacity as (Company chairman, has announced Boardroom Limited's biggest acquisition to-date Hong Kong-based RSM
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    • Article, Illustration
      Lock icon Why, oh why, do they say puh-leeze in the US of A
      819 2  -  SATURDAY SOAPBOX One American journalist goes on a personal campaign against abuse of the English language CHRISTOPHER REED HEADLINES in America have recently shrieked about "Three Dead in Court Shooting Spree". But I write here not about the
      819 words
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  • RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon The professional
      1791 3  -  James Turley makes it his job to zero in on independence and objectivity in the fight against corporate misgovernance. ANNA TEO meets the chairman and CEO of Ernst and Young ANNA TEO TO look back on the regulatory and corporate governance debate of recent years is to see
      ARTHUR LEE  -  1,791 words
    • Article
      Lock icon Ode to entrepreneurship
      534 3 WHAT started as a small US programme back in 1986 has today several thousand winners in 35 countries. And out of it sprang what's been dubbed "Davos for Entrepreneurs" Ernst Young's Entrepreneur Of The Year World Summit held for the first time last month in Singapore. The
      534 words
  • Page 3 Advertisements
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      66 3 Raffles^ INTERNATIONAL Hotels Resorts A Mtmbar of Capita Land The Raffles Conversation is brought to you through a special arrangement with Raffles International Hotels and Resorts. The Traveller's Palm in the Raffles International logo is an apt symbol. Not only has water stored at the base of this palm provided
      66 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon A little help from friends
      1090 4  -  CORPORATE ANALYSIS When Citiraya and ACCS were in trouble, they didn't have to go far to get help, says JOYCE KOH JOYCE KOH WHEN a company is in the spotlight for the wrong reasons, even good news can take on a negative spin. Citiraya Industries
      1,090 words
    • Article, Illustration
      Lock icon Boardroom buys HK units for HK$112m
      427 4  -  By DALENA LEE VETERAN broker Goh Geok Khim is certainly not twiddling his thumbs even though his family-con-trolled GK Goh Holdings is leaving the stockbroking business. As non-executive chairman of corporate services firm Boardroom, Mr Goh yesterday announced Boardroom's biggest acquisition to date the
      427 words
    • Article
      Lock icon Bank of East Asia offers the highest rate
      437 4  -  BANKING Reports by SIOW LI SEN IN a bid to rsise its profile, Bank of East Asia has upped the ante in the race here among foreign banks for customers' deposits. It offers the highest fixed deposit interest rates and is asking
      437 words
    • Article
      Lock icon Three local banks' LKN-Primefield stakes cross 5%
      427 4 A debt-equity conversion has resulted in Singapore's three local banks becoming substantial shareholders of LKN-Primefield, with DBS Group holding on to almost one-third of the property investment company's shares. DBS announced yesterday that it now owns through fully owned subsidiary DBS Bank 213.8
      427 words
    • GRAPEVINE
      • Article
        Lock icon Handle that mighty pen with care
        130 4 WHO knew writing about annual general meetings was so hazardous in Singapore? A reporter recently asked around about disability income an insurance scheme that pays a monthly sum if the insured cannot perform his or her job. According to one brochure, for a coverage
        130 words
      • Article
        Lock icon Travelling on a shoestring? Buy a share
        126 4 SINO-America Tours Corp, which is eyeing a public listing in the third quarter of next year, has thought of a way to reward shareholders cheap tickets. SA Tours chairman Ng Kong Yeam told BT recently at a seminar on IPOs that shareholders would
        126 words
    • Article
      Lock icon SembCorp sells its PacNet stake for $43m
      147 4 IN line with its strategy to divest its non-core businesses, Sembcorp Industries (SCI) has sold its remaining 28.8 per cent stake in Pacific Internet for $43 million. SCI said yesterday that its wholly-owned subsidiary SembCorp Ventures has entered into an agreement to sell
      147 words
    • COMPANY BRIEFS
      • Article
        Lock icon SGX eyeing regional stock-index futures
        138 4 THE Singapore Exchange is looking to regional stock-index futures to build business on an all-electronic system after the demise of its floor-traded Eurodollar contract, said a Bloomberg report. Trading in Eurodollar futures, tied to three-month US interestrate expectations and once Singapore's busiest futures contract, evaporated
        138 words
      • Article
        Lock icon Keppel Fels gets US$121m rig order
        76 4 KEPPEL Fels Ltd, a wholly owned subsidiary of Keppel Corporation Ltd, has secured a contract from Odfjell Investfor a repeat KFels B class jackup rig at US$l2l million. It rig is scheduled for delivery in the second quarter 0f2007. With the new order, the
        76 words
      • Article
        Lock icon Falmac sells property for $1.85m
        79 4 FALMAC Limited yesterday announced that an option was exercised on March 15 by Fagerdala Singapore Pte Ltd on its purchase of the company's property for a sale consideration of $1.85 million. The figure was arrived at following negotiations between a willing buyer and a willing
        79 words
      • Article
        Lock icon Koh Brothers director retires
        24 4 KOH Brothers Group yesterday announced that Tan Hwa Peng has retired as its executive director with effect from March 1.
        24 words
    • Article, Illustration
      Lock icon Fall in chip equiment orders sparks concern
      663 5  -  Dip in Feb for second month may impact some listed companies here By RAJU CHELLAM MANUFACTURERS of chipmaking equipment got fewer fresh orders in February for a second straight month, leading some analysts to wonder whether the industry is looking at another recession.
      Source: Semiconductor Equipment & Materials International  -  663 words
    • Article, Illustration
      Lock icon Is it 'too much, too soon' – and spreading?
      570 5  - Is it 'too much, too soon' and spreading? STOCKS R SIVANITHY Senior Correspondent TRADING over the past few months has demonstrated a clear division in the local market between the blue chips and second-liners. The former appear to go from strength to strength while the latter continue to lag far
      570 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      3668 5 UNIT TRUSTS FUNDS Malaysia EqtySGDI" 1.013/ Malaysia Eqty USD 004/ UP Guaramed 5.0/1 1.*****/ A" 1 <*>«»> UP G'teed S.Q/2 1.0437* Star Europe Eqtyl 0117/ upffteed7.0fl 1.*****/ Star Europe Bond U1V UP coed Fund 5.00 1.*****/ far Europe Bal 1.14® up Fund 7.(B 1.0883V f aan Ti 9? Fund 5(yi
      3,668 words
  • Page 4 Advertisements
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      34 4 LfUMTKOlisbji U P THAT P. i X Jr. >r. Recruit the right people The arats Times Recn<t r —> 1 Call 1800 289 8822 or email 1 "T v recrult9sph.com.sg J no rjaaamih-, s t
      34 words
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  • Page 5 Advertisements
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      23 5 Allianz (Hi) Dresdner PIMCO Global Real Return Fund rated 5-star by Mercer Investment Consulting Assd IVI in i! t < omp.tny reqn no *****71<>9Z
      23 words
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  • PERSONAL INVESTMENT
    • Article
      Lock icon BROKERS' TAKE
      680 6  -  Compiled by R SIVANITHY City Developments Ud March 18 dosing: $6.85 ÜBS INVESTMENT RESEARCH, March 17 DOWNSIDE protected by value of assets; past year's underperformance suggests limited institutional interest: City Developments Limited (CDL) has underperformed Capita Land minus 71 per cent and the Straits Times Index minus 12
      680 words
    • TRADES TO WATCH
      • Article
        Lock icon Hwa Hong dispute ends
        97 6 HWA Hong Corporation announced that its substantial shareholder Ong Eng Yaw, Ong Kwee Eng and Ong Holdings had changes in the percentage levels of their shares after the completion of a settlement dispute. Ong Eng Yaw's deemed interest was cut to 25.04 per cent or 163.64
        97 words
      • Article
        Lock icon Stakes in Wepco wiped out
        44 6 FOLLOWING the dissolution of Wah-Chang Trading and Asian Resorts last year, their deemed interest in Wepco has dropped from 25.65 per cent each, or 4.18 million shares each, to nothing. Wepco is an electro-plating and industrial engineering services provider.
        44 words
      • Article
        Lock icon Gan Kim Leng checks out
        59 6 HOTEL Properties director Gan Kim Leng has sold down his stake, disposing of 10,000 shares for $1,445 each. That brings his stake in HPL to 65,000 or 0.014 per cent of issued share capital. The number of share options Mr Gan holds stays at 75,000.
        59 words
      • Article
        Lock icon More options for Conner
        54 6  -  Compiled by ALEXANDRA HO OCBC CEO David Conner has accepted 300,000 options under OCBC's Share Option Scheme. The exerice price is $13.84 a share. This raise the options he holds to 1.23 million options. His direct stake in OCBC is unchanged, with 142,000 shares and deemed
        54 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      980 6 For week beginning Mar 14 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS > Subtantial *UY No of Met SMMEHOUNHG Trans Shareholder S«fl Sham tar Mora Altar Stock Data Dfroctoc Co*v 000 Shr S (HW OH Lafe Tech 17-Mar-05 Christopher Ho Wing-On Buy 410 0.19 ***** 1.96 ***** 2.00 NW Tech
      980 words
    • Article, Illustration
      Lock icon Scepticism versus irrational exuberance
      1180 6  -  SHOW ME THE MONEY The trick is to avoid risk while capturing prospects of reasonable long-term returns TEH HOOI LING Senior Correspondent PSYCHOLOGISTS, it is said, have found that people who are mildly depressed tend to have the most realistic outlook. But in investments. is such
      Source: Bloomberg  -  1,180 words
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  • BT INVESTMENT ROUNDTABLE
    • Article, Illustration
      Lock icon The case for and against LLPs
      2730 7 OVERVIEW In January, the Singapore Parliament passed the Limited Liability Partnership (LLP) Bill, giving businesses and investors here the added option of a new business vehicle. A bit of a hybrid of a company and a traditional partnership and long in force in the
      2,730 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon ABN Amro out to pamper its well-heeled customers in town
      544 8  -  By SIOW LI SEN REPRINTS instead of originals. Pasta instead of caviar. A hotelier instead of a pin-stripe-suited banker. Welcome to the 16th floor of ABN Amro Bank's latest branch at Ngee Ann City. It might look like private banking,
      ARTHUR LEE  -  544 words
    • Article
      Lock icon DPM Tan urges universities to unite for tie-ups abroad
      405 8  -  Formal association 'necessary' if local varsities want to succeed overseas By DANIEL BUENAS SINGAPORE'S universities should consider forming an association to facilitate discussions with foreign educational institutions. They have "come of age" and should start to "spread their wings", Deputy Prime
      405 words
    • Article
      Lock icon S African bidder emerges for casino contract
      302 8  -  By ALEXANDRA HO AFTER having flown under the radar all this while, South Africa-based hotel and gaming company Peermont Global yesterday announced that it has submitted a bid to develop an integrated resort which might include Singapore's first casino. I*?? Peermont is 100
      302 words
    • Article
      Lock icon Allen & Gledhill is firm of '04
      317 8  - Allen Gledhill is firm of '04 Wong Partnership, Drew Napier also win at legal Oscars By JOSEPHINE TAY SINGAPOREAN law firms Allen Gledhill and Wong Partnership led a procession of winning lawyers at this year's inaugural Asian Legal Business (ALB) South-east Asia Deals of the Year awards. DUbbed "the legal
      317 words
    • Article, Illustration
      Lock icon Youths not charged up by govt's Orchard park plan
      460 8  -  By ARTHUR SIM WHEN Amy Khor. MP for Hong Kah GRC, asked an audience of about 300 junior college and university students whether they were excited by plans to enlarge the Youth Park in Orchard Road, and almost none said they
      460 words
    • Article
      Lock icon $25m in sales expected at Natas fair as travel bug bites hard
      523 8  -  By ALEXANDRA HO TRAVEL-MAD Singaporeans are expected to spend about $25 million in towpackages and travel deals this weekend at the Natas travel fair, a biannual event organised by the National Association of Travel Agents Singapore. If they
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  • Page 8 Advertisements
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      22 8 [iTitl H Lianhe Zaobao B I Temasek I I invited I Ito be involved I I I I I I cf)|3lSW&2lks¥ I
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      Lock icon Page 8 Advertisements Column 2
      340 8 IN THE MATTER OF THE COMPANIES ACT. CAP SO AND IN THE MATTER OF UQHTWORLD TECHNOLOGIES PTf LTD (In Memberi' Voluntary Liquidation) At an Extraordinary General Mealing of tie above named Company held at 1 Ang Mo Kio Industrial Park 2A #06-06 AMK Tech 1, Singapore *****8 on tie 15th
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      Lock icon Page 8 Advertisements Column 3
      102 8 Mo I ices K>ftM6f(4| NOTICE Of DIVIDEND Norn* of Company Shaw Umiilim Pte lid (In liquidation) Compony Registration No *****8234* Addreu of registered office Office of the liquidator Notur. of MaNtr Companies Winding Up No 319 of 2000 Amount Per Centum 6.9% Fir* Final or Otherwise First Find Dividend Whan
      102 words
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  • PROPERTY
    • Article, Illustration
      Lock icon A cluster housing winner in Gilstead
      811 9  -  WOHA Architects turns constraints of a site on their head to create the sell-out Gilstead Brooks, reports ARTHUR SIM ARTHUR SIM CLUSTER housing is a relatively new residential concept in Singapore. First mooted in 1990, when planning regulations were relaxed to allow mixed landed
      PHOTOS: TIM GRIFFITH  -  811 words
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      932 10 r :<< The Business times classified PR PERTIES MRT nioid 4 yrs old Corner terr. ■PHH| 2-storey 6+l rms specious layout dHU Uniqua archltectura I IiMI Lush landscaping < Pamela Um Tel: 9383 8013 ERA iSfeL Goldhlll Viow Seml-D Serene anvlronment Near Newton good school Elaine Tel: 9754 0312 defnend
      932 words
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      Lock icon Page 10 Advertisements Column 2
      212 10 Thomson Roed. •s+l. New seml-d with ettk. land 3,600 K-ft-•Pond, Garden, Patio, Courtyard etc— •3 mint waft to Thomson Plaza/ amenities. •Simple house loeklnf tor Nelson Tan Teh *****099 Brlqhthlll Crescent 2 Storey Bungalow Freehold Land epprox 14,000 sq.ft 4 bedrooms View to offer Brenda Zee Tel: 9450 9938 DTZ
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  • Page 11 Advertisements
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      695 11 r The Business Times classified PR PERTIES B, 001-08 J CITY ft SOUTH-WEST f PTE HSES-SALE Vista Park. South Buona Vista. 914 sq ft. S33BK. *****605 Daniel Ling. 001-08 CITY 8 SOUTH-WEST PTE APIS-SALE au« Korttoix ma, imr p. faciHties. 9028-6886 FT Blue Horizon, West Coast Cre*. Pool vhw.^^2Wrr^9sB City
      695 words
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      Lock icon Page 11 Advertisements Column 2
      1338 11 44G ***** .riM ffh DOS-10 ORCHARD/ lil TANGUN/ HOLLAND W PTE APIS-SALE RESIDENCES AT 338 A |*1 a boutique home collection by hind development 338 a river valley roed *****81 bealde A.A. Centre t: $738 0072 338a@hind.com.8g www.rBBidBnceBat33BB.com.sg new showflats available for viewing: 12noon Bpm dally 20 Duchess Road. 980
      1,338 words
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      Lock icon Page 11 Advertisements Column 3
      87 11 ®DO9-10 ORCHARD/ TAN6UN/HOLLAND PTE APT?-SSHI Alpha Apt. 98 Koon Seng Road. $670 K. 1152 sq ft. Shen 9641-1042 Arthur Mansion. Arthur Road. $820,000. 1636 sqft. Rick hp *****622 Aspen Loft. Joo Chiat Terrace. #02-02. $740 K. 1302 sq ft. Kelvin *****383. Aspen Loft. Joo Chiat Terrace. #02-05. S76OK. 1313 sq
      87 words
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      Lock icon Page 11 Advertisements Column 4
      235 11 Rftfc 015-18 EAST COAST liHr PTEAPTS-SALE Bayshore Park. Bayshore Road. Price $380 K. Area 936 sqft. Pis call Jen at 9008-3788 Bayshore Park. Bayshore Road. Price $480 K. Area 1173 sqft. Pis call Jen at 9008-3788 Bayshore Park. Bayshore Road. $520,000. 1292 sq.ft. Rick hp *****622 Casa Flora. Bedok. Approx
      235 words
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      Lock icon Page 11 Advertisements Column 5
      248 11 |Rk DIS-18EASTCOAST UP PTE APTS-SALE Costa Rhu. Tanjong Rhu Road. Asking $1.5 M. 2600 sq.ft. 4+l. Call 6440-9788 Patrick Costa Rhu. Tanjong Rhu Road. Asking $930 K. 1922 sq.ft. Call 6440-9788 Patrick Costa Rhu. Tanjong Rhu Road. Asking 860 K. 1647 sq.ft. Call 6440-9788 Patrick COTE D'AZUR CONDO. 840 sqf.t
      248 words
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      Lock icon Page 11 Advertisements Column 6
      235 11 Pfk 015-18 EASTCOAST ||lf PTE APTS-SALE Jin Siglap. Brand New 3-storey Townhse with basement. Approx 3000 sqft $I.IM. *****836 Katong VINe. Tanjong Katong Rd. S6OOK negotiable. 1187 sqft. Pis Mil WasH at 9152-9982 Marshall Lodge. 3-storey Townhouse. 1776 sq.ft. $850 K. *****788 PN Neptune Court 0.15. 1300 sqft. $430K ono.
      235 words
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      Lock icon Page 11 Advertisements Column 7
      700 11 ftjsssr* Wf PTE APTS-SALE Modena Penthse Condo, Simei St 4. Selling 9 $1.06 M. 2766 sqft. Call Gringo *****883 Pinevale. Tampines. $500,000. 1380 sqft. Adeline hp *****929 r I IvUJCO Ah Soo Garden 3-storey terrace 2033/ 2544 sqft. 5-brms. Jesslin 9657-9101 ERA Casuarina Walk semi-d. 2400/ 3000 sqft. s+l rm.
      700 words
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      Lock icon Page 11 Advertisements Column 8
      719 11 »D2S-28 NORTH HOUSES -SALE 23 Nim Crescent 3-storey semi-d. 2622/ 4900 sqft. 5 bdrms. SUM. May Kwek *****270 fCh 022-24 WEST Up PTE APIS-SALE The Madeira at Bt Gombak MRT Price starting from $508K up... Unit sizes from 116-126 sqm. Stamp beauty absorbl 6 mths maintenance fees absorbl Furn packages
      719 words
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  • JOBS
    • Article
      Lock icon HSBC to double offshore jobs in 3 years
      410 12 Reuters [KUALA LUMPUR] Global bank HSBC Holdings pic expects to double its Asian back-office workforce in three years and axe more clerical jobs in the West to help it save more than US$l billion, a top executive said on Wednesday. The world's
      Reuters  -  410 words
    • Article, Illustration
      Lock icon The 'polish' that means so much
      623 12 Want a job? It might help if you bone up on your table manners LAT-WP DURING her tenure as a training manager for Bank of America. Brooke Hodges deliberately took job candidates to lunch and watched. Did the men pull out chairs for women?
      LAT-WP; AFP  -  623 words
    • ON THE MOVE
      • Article
        Lock icon Khor Poh Hwa at Downer EDI
        59 12 AUSTRALIAN-headquartered engineering services group Downer EDI Ltd yesterday announced the appointment of Khor Poh Hwa as its regional director and senior adviser for Asia. Previously president and CEO of CPG Corp a Singaporebased business of Downer EDI Mr Khor will be based in Singapore
        59 words
      • Article
        Lock icon Jeannette Ho at Raffles Int`l
        45 12 RAFFLES International yesterday announced the appointment of Jeannette Ho as vice-president of distribution, marketing and revenue management at its Singapore head office. Ms Ho will drive the company's global distribution strategy and oversee its E-commerce channels and Central Reservation System.
        45 words
      • Article
        Lock icon Torm Schodorf at BMC
        44 12 BMC Software, a leader in enterprise management, yesterday announced that Torm Schodorf has been named vice-president, Asia Pacific. He will relocate to Singapore with an immediate responsibility to generate' a strong start for Asia-Pacific business in the new fiscal year.
        44 words
      • Article
        Lock icon Timothy Chang at ABN Amro
        62 12 SUPPORTING the growth and strategic importance of its business in China, ABN Amro has recruited a senior banker, Timothy Chang, as an executive director for global clients to further boost the bank's coverage of its fast-developing Chinese corporate client base. He will be based in
        62 words
      • Article
        Lock icon Ruby Chen at DBM
        49 12 DBM, a global human resources consulting firm, yesterday announced the appointment of Ruby Chen as business development director of its Singapore operations. With 25 years of local and international HR consultancy experience, Ms Chen will be responsible for driving business growth across DBM's customer base.
        49 words
  • Page 12 Advertisements
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      2025 12 WT PARKWAY HOLDINCS LIMITED (Co. Reg. No. *****0320R) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN That the Thirty-Second Annual General Meeting of the Company be held on Wednesday. 6 April 2005 at 11.00 a.m. at The Lecture Theatre, Level 3, Gleneagles Hospital, 6A Napier Road, Singapore *****0 for
      2,025 words
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      540 12 i i 1 To atbtrtix tail ffl free IXO 299 sga soci£t£ g£n£rale ACCEPTANCE N.V. (Incorporated In tha Netherlands Antilles with limited liability) NOTICE TO WARRANTHOLDERS To ALL HOLDERS OF EUROPEAN STYLE CASH SETTLED CALL WARRANTS RELATING TO THE ORDINARY SHARES OF KEPPEL CORPORATION LIMITED ISSUED BY SGA SOCl£T£ G£n£RALE
      540 words
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      32 12 1 WcfVe mads IMMgI i Share the good news with your investors Releasing a financial statement? Call 1800 289 8822 or email noticesOsph.com.sg to book your advertisement in our L newspapers now.
      32 words
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  • Page 13 Advertisements
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      1423 13 The Business Times i EXECUTIVES PROFESSIONALS I SPONSORSHIP MANAGERS Global Marketing Solutions Provider High ase an< O verail Remuneration With eleven offices across five continents, this international company offers a wide range of marketing solutions to blue-chip multinationals across the globe through strategic 828 conferences. Being dynamic, progressive and prolific,
      1,423 words
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  • NETWORK SINGAPORE
    • Article, Illustration
      Lock icon Simple truths
      872 14  -  Ruminations on happiness reveal little about it but its elusive nature, yet we continue to desire and pursue it. LAWRENCE LEE shares some thoughts on the subject from his travels around the world LAWRENCE LEE IT has been almost two years since my company sent me to Zurich
      872 words
    • Article
      Lock icon SGX MAINBOARD
      6738 14 Transaction date: Mar 18 52-Wk T«l Lad Vol Day LaatQw* CrfM* OkI OitW MM MCap Mgfc l— Code (mmmi Mi w- fW> HW Um tym Mhr Cm M W 193 4 5716 1st Software Sc 3 *0.5 60 5 45 4.5 5 202 34.5 155 314» ITdecom US2c
      6,738 words
  • Page 14 Advertisements
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      121 14 Lawrence Lee is the Group Director, Human Resources tiSqplE for Swissotel Hotels Resorts, Raffles International Ltd. J /T| i Mr Lee manages the human resource operations of the 24 hotels and the management company under the A. I I IS 1 Swissotel Brand and also supports the managing INTERNATIONAL director,
      121 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Bursa Malaysia aims for quality
      519 15  -  Listing will help lift bourse profile and M'sia as an Investment destination': CEO By PAULINE NG in Kuala Lumpur BURSA Malaysia began a new chapter yesterday as a listed entity promising to improve the quality of companies floated on the stock exchange and to quicken
      519 words
    • Article
      Lock icon Bursa ends 17% higher than IPO price
      195 15 BURSA Malaysia made its debut with a 50-sen premium at a "gala" listing ceremony attended by Prime Minister Abdullah Ahmad Badawi, who is also the Finance Minister, and Nor Mohd Yakcop, the Finance Minister 11. The local bourse's 17 per cent premium at
      195 words
    • Article
      Lock icon Indon mobile profits to grow
      221 15 Reuters [JAKARTA] Indonesia's largest telecommunications operator, PT Telekomunikasi Indonesia Tbk (Telkom), is expected to book a 30 per cent rise in fourth quarter profits as the country's mobile phone market booms. But main rival PT Indonesian Satellite Corp Tbk will see its earnings fall by
      Reuters  -  221 words
    • Article, Illustration
      Lock icon BLOW AGAINST SOFTWARE PIRACY
      26 15 [JAKARTA]A worker checking pirated software at Police Headquarters here after a police crackdown on Wednesday. The operation netted 98 people involved REUTERS
      REUTERS  -  26 words
    • Article
      Lock icon SGX
      3210 15 Transaction Date: Mar 18 STRAITS TIMES INDEX STOCKS SMdMM OOM Mm O— MW O— Omm AllqretnSOc 031 1.130 *0-010 Haw Ear Corp <U7 5JC0 *&<B0 W20c 5.11 4300 i Q.X 1.910 -0.040 Hy<lu»5t 0-28 2-3CO *0010 CTEnw»0c 0J > BIL tfttl US20c 0.51 1.160 <0.020 JMHU52Sc400 ISA ***** *0.500
      3,210 words
    • Article
      Lock icon Titan IPO to raise RM1b
      159 15 Reuters [KUALA LUMPUR] Malaysian petrochemical firm Titan Chemicals Corp Bhd will raise as much as RMI billion (***** million) in an initial public offer (IPO) expected by June, a source familiar with the plan said yesterday. The share sale will be Malaysia's largest since pay
      Reuters  -  159 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon U$12b plan to build Vegas in Macau
      517 16 Sands ties up with Intercontinental, Four Seasons and Marriott Bloomberg [HONG KONGI Gaming veteran Las Vegas Sands Corp is set to create a stir in the Macau gambling scene. It will join Intercontinental Hotels Group Pic, Four Seasons Hotels Inc and Marriott International
      Bloomberg; AFP  -  517 words
    • Article
      Lock icon KUALA LUMPUR STOCK EXCHANGE
      2261 16 VOL FSBM 1.09 unch 52 Mar 18 Ml W- CQBO) FTEC Resources .0.35 -0.01 299 Furqan Bus. Org .0.33 unch 1258 A&M Realty 1.55 -0.01 3 Gadang 1.39 -0.02 170« Abnc ..0.44 -0.01 404 Gamuda A 76 -0.12 4930 ACP Industries— 1.06 -0.04 1 General Corp
      2,261 words
    • Article
      Lock icon ICICI converting 44.2m local shares to ADRs
      383 16 Move will help boost its trading in the US,says bank Bloomberg [MUMBAI] ICICI Bank Ltd, India's second-biggest commercial bank in which Temasek Holdings has a stake, said it is converting US$466 million of its local shares into American depositary receipts (ADRs)to help boost
      Bloomberg  -  383 words
    • Article
      Lock icon India's largest mall to be built in Bangalore
      171 16 Xinhua [NEW DELHI] A non-resident Indian has set his sights on India's Silicon Valley to build the largest retail mall in the country, according to Indo-Asian News Agency on Thursday. PNC Menon, who has lived in Oman for the last three decades,
      Xinhua  -  171 words
    • Article
      Lock icon China fair for Olympics stadium suppliers
      199 16 AP [BEIJING] Organisers of the 2008 Beijing Olympics said on Thursday that they are inviting the world's sporting equipment makers to make a pitch for millions of dollars in contracts to outfit the stadium and other high-tech facilities. The Chinese capital will hold a
      AP  -  199 words
    • Article
      Lock icon AIG, others to report policy sales in China
      499 16 Bloomberg [HONG KONGI American International Group Inc (AIG), Prudential Pic and 178 other insurers operating here were ordered by the regulator to report sales of policies to mainland Chinese customers to stamp out illegal selling. AIG, the world's biggest insurer, is responding
      Bloomberg  -  499 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon A US$3b hotel sheikhs could give up palaces for
      654 17 MAKING HISTORY The corridors are so long the staff need to use golf carts to get around NYT [ABU DHABI] At roughly US$3 billion, the Emirates Palace in Abu Dhabi, which just opened to the public, is said to be the
      NYT; AP  -  654 words
    • Article
      Lock icon Plaza Hotel to be converted to condos
      443 17 LAT [NEW YORK] When the Plaza hotel opened in 1907, the cheapest rooms went for US$2.5O a night, US$4 with a bath, and some suites cost an astounding US$25. But the steep prices seemed justified, given the location at Fifth Avenue and Central
      LAT  -  443 words
    • Article, Illustration
      Lock icon Martha Stewart asking for new sentence
      296 17 Bloomberg [NEW YORK] Martha Stewart, who's confined to her home after serving a prison term for obstructing justice, came to court on Thursday to ask for a new sentence. US District Judge Miriam Cedarbaum last year ordered Stewart to serve five months behind bars
      Bloomberg; AP  -  296 words
    • Article
      Lock icon Thai Buddhist monks protest beer listing
      213 17 AP [BANGKOK] Chanting prayers, some 2,000 Buddhist monks gathered outside the Thai Stock Exchange to protest the listing of a company producing Thailand's top-selling "Elephant Beer". The monks said in a statement that the listing would present "a grave threat to the health, social
      AP  -  213 words
    • Article
      Lock icon New CBS movie on Martha Stewart in the works
      430 17 LAT-WP [HOLLYWOOD] Freed from prison two weeks ago, Martha Stewart is planning multiple TV projects to continue repairing her battered image. But she might not like what CBS her onetime broadcast partner is cooking up. Stewart, who's planning to star in
      LAT-WP  -  430 words
    • Article, Illustration
      Lock icon Greenspan broke deal with Bush senior: report
      589 17 Fed chief may have dashed older Bush's election chances Reuters [WASHINGTON] Former president George Bush broke his famous "no new taxes" campaign vow only after Federal Reserve chairman Alan Greenspan agreed to cut interest rates in return, according to former US Treasury Secretary
      Reuters  -  589 words
    • WORLD WATCH
      • Article
        Lock icon US consumers less cheerful in March
        109 17 Bloomberg Reuters. [NEW YORK] US consumers became less upbeat in early March as their view of both present and future economic conditions deteriorated, a report said yesterday. The University of Michigan said its measure of confidence had slipped to 92.9 so far this month
        Bloomberg; Reuters.  -  109 words
      • Article
        Lock icon Galeries Lafayette may bid for Neiman
        78 17 Bloomberg [PARIS] French department store operator Galeries Lafayette will consider making a bid for Neiman Marcus Group, the first expression of interest after the US luxury retailer said it may put itself up for sale. Neiman Marcus owns the Bergdorf Goodman department store in
        Bloomberg  -  78 words
      • Article
        Lock icon Microsoft, EC heading for fresh dash
        80 17 [BRUSSELS] Microsoft is heading for a fresh clash with the European Commission (EC) after its antitrust regulator on Thursday dismissed the US software group's plans for implementing last year's landmark antitrust ruling, according to a report in the Financial Times. The Commission wants Microsoft
        80 words
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  • FOCUS: URBAN PLANNING
    • Article, Illustration
      Lock icon Asian global city in the making
      2130 18  -  Singapore has many attributes that qualify it to become a true global city. But it is still a work-in-progress, says SANJEEV SANYAL SANJEEV SANYAL IN recent years, official statements have often alluded to the goal of turning Singapore into a "Global City" economy driven
      Source: New York City Department of Cit Planing; FILE PHOTOS  -  2,130 words
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  • MOTORING
    • Article, Illustration
      Lock icon A GT high
      708 19  -  First, it launched the brand new Phaeton luxury limousine. Next, Volkswagen will follow up in 2005 with new updates of two familiar names. SAMUEL EE drives the icon while JOE YEO tries out the family favourite SAMUEL EE JOE YEO IT MAY have taken a few generations
      708 words
    • Article, Illustration
      Lock icon VW Passat moves up the exec ladder
      752 19 EXECUTIVES aren't the only ones who want to climb the ladder, so do their cars, it seems. The new Volkswagen Passat is so much larger than its predecessor that it looks like it has moved up a class in the executive car ladder.
      752 words
    • Article, Illustration
      Lock icon Astra with extra
      196 19 UNTIL the Opel Astra Turbo arrived late last year, there was a dearth of quick Opels in Singapore. Now there's finally a car that offers enthusiasts an engaging and involving drive. The Astra Turbo looks and feels good. It boasts purposeful, sporty looks with its classy 17-inch
      196 words
    • Article, Illustration
      Lock icon How about a little ReSpect?
      601 19  -  The Volkswagen Golf GTI may have pedigree but that is not stopping two other cars from eyeing the hot hatch crown, writes D KHOO D KHOO ONE worthy rival with even more power than the GTI is the Megane Renault Sport. But even if it
      601 words
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  • GOLF
    • Article, Illustration
      Lock icon It's the clubs, stupid!
      1255 20  -  A golfer's poor game could well be due to ill-fitting clubs, reports PEPPER LEE PEPPER LEE STILL believe that a good carpenter doesn't blame his tools? Well, that may not be true in golf, for illfitting clubs could just be a player's biggest handicap. Golfers worldwide
      1,255 words
  • Page 20 Advertisements
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      Lock icon Page 20 Advertisements Column 1
      236 20 wine&dine withweekendßT Peninsula Excelsior Hotel, Level 5. TeL 6416 Buffet toxh available on weekends and publicholid^.gfe lurch, dinner, wedding banquet birthday parties, corporate functions, etc For the month of March, spend $68 on food and get a free Peking Duck (UP $38) on your next dine-in dinner visit Grand Hyatt
      236 words
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      Lock icon Page 20 Advertisements Column 2
      167 20 #02-02Tbnglin Shopping Centr% TanJlflßE I 7>+*****699, *****170 Win(i%f>arties, weddmgs, fyfefffo l Vigne goes to great lengths to assist aston^s&ctthe wines according to their netds. H«l 9#Ktkm caters to newcomers and connoisseurs ai&e at mOrcharißd Tel: *****554 Aff-youon-eat drunken live prawns and pepper crabs are famous Taiwanese porridge spread, Asian specialities
      167 words
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      Lock icon Page 20 Advertisements Column 3
      115 20 Parfcway Thai Restaurant §01-59/62 Centrepoint Shopping CentroW2-08 Parkway Parade. TeL *****080******811 Emm a exotic Thai 10 Tutu W**t Drive. TeL 6369 &88 Sfgfoai dpble-hoi led soups and sugpther dishes from t» EL 6431 616 6 cultural mix of the Peranakan cuisine: special homemade Breakfast daily 6am to 10.30 am. Lunch:
      115 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      197 20 f CRYPTIC CROSSWORD 1 Cartoon character it's fashion- -—LJ-——L-T—LJ—~ able to watch (6) 5 B 4 s*® 1 t>etween pigs and 6 Rug. r ~n —n—^ —n —n 9 Intentionally exasperating? (6) U 10 NutsapdtSmis!® 7 W W m W H ,2^L ,W rebhn9in9Stem 8 of making [Wj M [■HTTI
      197 words
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  • WELLNESS
    • Article
      Lock icon Myth or truth?
      783 21  -  By PEPPER LEE IT'S hard to be health conscious when there is so much supposed advice floating around that you don't know what to believe. Can instant noodles cause cancer? Can drinking water with food make you fat? With so many claims popping up on the Internet,
      783 words
    • Article
      Lock icon STOCKS ASIA
      3032 21 Transaction date: Mar 18 For a full listing of the dosing prices, log on to BT Online at http://business-times.asial.com.sg after 11.30pm every trading day HONGKONG vol force Hidg,- —o.os un£ 23* hks *1. 'ooo Egana Jewellery 1.55 0.03 3546 EganaGoldpfeil. 1.84 0.07 ***** Aeon Credit 5.50 0.25 20
      3,032 words
    • Article, Illustration
      Lock icon Flower power
      602 21  -  Australian Bush Flower Essences offer a natural remedy for a health condition that plagues many silent sufferers emotional ailments. PEPPER LEE reports PEPPER LEE OUR pill-popping culture promises no lack of remedies to boost your sluggish metabolism, increase your concentration and improve your memory. But flower essences which
      602 words
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  • SHOPPING
    • Article, Illustration
      Lock icon Shang high
      2298 22  -  The Chinese city's top fashion talents make their way here to take part in the Singapore Fashion Festival. CORINNE KERK finds out more CORINNE KERK IN the 1920s and '30s, it was known as the Paris of the Orient. Today, Shanghai could well be on its way to
      2,298 words
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  • DESIGN
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      Lock icon Top of the line
      1120 23  -  Adam Tihany, master of modern restaurant design, has turned the Shangri-La's unremarkable coffee house into a sleek, striking space. GEOFFREY EU reports GEOFFREY EU WHEN Adam D Tihany moved to New York in the mid-*****, he was a freshly-minted architecture graduate with a degree from Milan,
      MICHAEL DONNELLY  -  1,120 words
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  • THE BUSINESS TIMES weekend
    • Article, Illustration
      Lock icon Go clubbing
      1483 24  -  Looking for somewhere to eat? Several golf and country clubs open their F&B outlets to the public, and offer more than the token club sandwich. JAIME EE drops by JAIME EE THERE was a time when a sticker on your windscreen that allowed you to enter the hallowed
      ARTHUR LEE  -  1,483 words
    • Article, Illustration
      Lock icon Pine Valley, Laguna National Golf and Country dub
      431 24  -  By CORINNE KERK TO be perfectly honest, we didn't think we could expect very much from a Chinese restaurant located in a golf club. So we were pleasantly surprised to find that not only was the food at Pine Valley Laguna National
      431 words
    • Article
      Lock icon The Cafe, The Legends Fort Canning
      381 24  -  By PARVATHI NAYAR AS a pocket of greenery right in the heart of town, Fort Canning is rather special. Great venue, too, to watch a show, go for a stroll, or have an away-from-city afternoon to connect with family and friends. That is, till
      381 words
    • Article
      Lock icon Polo Club Cafe
      342 24  -  By PEPPER LEE FOR those who fancy a lazy afternoon spent lounging around without the claustrophobia of cafes in town, the Singapore Polo Club cafe is a quaint alternative to Botanic Gardens cafeterias. A breeze sweeping through the cafe and the expansive view of the polo field
      342 words
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