The Business Times, 28 March 2005

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Total Pages: 30
1 30 The Business Times
  • 17 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg MICA (P) 089/03/2005 Monday, March 28,2005
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  • 735 1  -  Listing abroad through a foreign holding company now requires Beijing's approval By TEH HOOI LING [SINGAPORE] The flow of initial public offerings from China, which livened up the local stock market in the last few years, could dry up following the
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  • 131 1 MARKETS Week Chge STI .2151.45 -23.04 KLSECOMP 883.40 -10.60 NIKKEI 225 *****.10 -118.71 HANG SENG *****.10 -231.27 SET INDEX 687.32 -24.08 JAKARTA COMP ...1114.55 -33.32 MANILA COMP ....1999.15. -51.13 TAIPEI TAIEX 6065.91 +21.96 SEOUL COMP 965.30 -14.42 SHENZHEN B .259.68 -1.93 AUSTALLORD .....4131.60 -105.20 DOW JONES *****.87 -186.80
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  • 463 1  -  BT exclusive By JOSEPHINE TAY [SINGAPORE] Companies making their trading debut on the Singapore Exchange will soon find themselves $3,500 poorer at the stroke of the gong. A source told BT that from this Friday, the SGX will levy an additional charge of $3,500 for
    FILE PHOTO  -  463 words
  • Page 1 Advertisements
    • 132 1 Vivian Balakrishnan, VV Raymond Li in made BT ONLINE For the latest financial news, currency movements and a 7-day archive, visit business-times.asial .com.sg This service is available to subscribers from 4am Singapore time (2000 GMT) each day. BlancpaiN MANUFACTURE DE HAUTE HORLOGERIE S G^Q%^JLP Francis Ford CoppoU, Exclusively at: J
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    • 15 1 TIGER MAKES ITS MOVE Budget carrier offers $9.98 fare to all its destinations re 18
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    • 19 1 JM plane Has the fall in the overall cost of travel had an impact on business? Sin^poreCEOssharei^ 8 lH
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  • TOP STORIES
    • 816 2  -  WALL STREET INSIGHT Excessive fears over inflation and oil may set stage for a rally By ANDREW MARKS in New York IT looks like another rocky week for US stock markets as investors continue to fret over rising oil prices, inflation, short-term
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    • 694 2 SembEnviro's green frog versus white knights SO, SembCorp Environmental Management has burst into a market previously dominated by Citiraya Industries and even says it is still interested in investing in the latter despite an abortive attempt in 2002. If SembEnviro is dead serious about becoming a key player
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  • Page 2 Advertisements
    • 265 2 ft. natural Beijing 101 success has herbs." received wide coverage in major newspapers such as The "I see Sunday Times, The Business results in |HHf Times, Shin Min Daily News weeks!" p Lry^f^<?' as well as numerous magazines Clllindm See for its efficacy in solving hair tvaciwm TH|RS^ r problems.
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    • 320 2 Take the next step with an fcMBA| Technical professionals mating Into Middte-tevel professionals who waatM f management positions who need skills to broaden their understanding of In global operation# and strategy haw functional areas within a H W 1 fc#< I Practicing enwpraoaurs. small bwmess Interrelate in a gtoOef J|K
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  • COMPANY NEWS
    • 810 3  -  HOCK LOCK SIEW By JOYCE KOH THE surprise entrance of SembCorp Environmental Management into the e-waste market will pose an additional hurdle to Citiraya Industries in the latter's attempt to get back on its feet. Last week, SembEnviro burst into a market previously dominated by Citiraya
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    • 265 3 INTER-ROLLER Engineering is on a roll, judging by a thick order book that is expected to get even thicker. The international engineering and systems automation company, whose' core business is in airport logistics, ended the year 2004 with an order book standing at $60
      FILE PHOTO  -  265 words
    • 287 3 MAINBOARD-listed KXD Digital Entertainment, which designs and supplies digital video and audio products such as DVD players and home theatre systems, has appointed Omega Capital as independent financial adviser in connection with a possible de-listing of the company's shares. Last week, chief executive and one
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  • Page 3 Advertisements
    • 396 3 business trip to the Big Apple: $8000 lime into the Big Apple: $250 j client dinner overlooking the Big Apple: $575 coming home to a little Apple: priceless A/ W t k U 11 T 1* 4 1 'Life i'khl 'rdlH i 2 11 ii.' 1 ml, t JpKiP" -.w
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  • SINGAPORE MARKETS
    • 633 4  -  STOCKS R SIVANITHY Senior Correspondent EXACTLY 10 years ago, the main Singapore market benchmark was the 30-stock Straits Times Industrials Index, and it finished the third week of March at 2,120. The primary concerns then were a weak US dollar, which had gone into freefall below 100
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    • 70 4 Investor events to watch out for AP Oil Bonus Issue, Ex-date, Mar 28 Fu Yu Corp, AGM EGM, Mar 28 RSH Ltd, EGM, Mar 28 SNP Corp, AGM, Mar 28 Nucleus, AGM, Mar 28 CEI, AGM, Mar 28 Reed Grp, EGM, Mar 29 Great Eastern, AGM, Mar 29
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    • 390 4 CURRENCIES AFP [HONG KONG] Asian currencies mostly slid against the US dollar last week, with a hike in US interest rates putting downward pressure on regional units. Japanese yen: The yen lost ground as dollar-buying sentiment remained strong on expectations that the US central
      AFP  -  390 words
    • 1398 4 Payment in looks Pay Payment Ex Books Pay fcB) dalt dose lets) date dose date Action Asia 10c x 0 50 124% 17-May 31-May NOL S 21.69TE 28-Apr 04-May 254% A»groon Prop 50c b 6J0 2»% 04-May 164% Nucleus Elect 5c b 0.75 31-Mar 05-Apr 19-Apr ASTIHIdgslOc S
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    • 435 4 Compiled by Thomson Financial I/B/E/S OTHER SINGAPORE INDICES Mar 24 VALUE CLOSE BT OB/OS -419.00 +188.00 BTCAPI -*****.00 4-98.00 BT 10-day MA -*****.00 -42.00 All-SG Equities 556.72 +1.28 SG Equities Elect 136.77 +0.32 SG Equities Fin 1631.07 +5.44 SG Equities Prop 556.45 -2.92 SIMSCI 255.59 +0.71 SiMSCI Futures
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    • 1105 6  -  TEH HOOI LING Senior Correspondent LAST week wasn't that good a week to be holding stocks, be they blue chips or second-liners. During the holiday-shortened week, the Straits Times Index weakened 1.1 per cent and the UOB Sesdaq Index shed 0.4 per cent All
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    • 1291 6  -  INSIDE MARKETS Some notable purchases are in AEM-Evertech, Elite KSB and Food Junction, says ROBERT HALILI ROBERT HALILI THE trading was light in the run-up to the Easter break with only 46 transactions worth $2 million during the holiday-shortened week of March 21 to
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  • Page 5 Advertisements
    • 276 5 v 1 •'-''j^^K^HF' V l ?:-vr":/. i ,y V-V t 1:3 0 3 O > M kWK Au IBfc* j^h f .tf H f jHT w W. ,9L w m ml H&i9l §1 I fm,.- h l\ > "?<, jfl Hi -JH .< m Wk mm "Wwfmi,. l^Mtejß»9 K -I|.
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  • SINGAPORE NEWS
    • 343 7  -  Their appointment takes effect from April 1, says Prime Minister's Office By DANIEL BUENAS TWO acting ministers will be confirmed as full ministers from April 1, the government said yesterday. One is Vivian Balakrishnan, acting minister for community development, youth and sports and senior
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    • 208 7 The Ang Mo Kio Town Centre rejuvenation project reached a milestone yesterday with the ground-break-ing of a $340 million retail mall. The mall, with a gross floor area of 48,250 sq m, will be jointly developed by the Singapore Labour Foundation (SLF), NTUC Income and
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    • 352 7  -  They undergo course customised for their jobs By LIZA LIN MORE Singaporeans are moving into the healthcare sector and taking up jobs as healthcare assistants, thanks to a little help from the Institute of Mental Health (IMH). With the introduction of the Inpatient Care Assistant
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    • 302 7 DATE/ TIME EVENT VENUE 28-30 Mar ABS Consulting Singapore Hilton Hotel 9.00am Course on Implementing Auditing IS*****1 29-31 Mar Global Security Asia 2005 Singapore Expo, 10.00am Conference Conference Halls Level 2. 30 Mar Singapore Chinese SCCCI Auditorium 9.15am Chamber of Commerce Industry Seminar: Achieving Business Competitiveness Through Broadband
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    • 280 7  -  By ALEXANDRA HO SINGAPORE-based NAI GSK International has acquired a British office from troubled UK real estate company Chesterton. Chesterton UK, which went into receivership earlier this month, had its residential property arm bought by British private equity group CIC International.
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  • Page 7 Advertisements
    • 301 7 I Oil/ Iwl ail m W How To Treat Clients And Colleagues To learn about business account privileges or to receive the Tiffany for Business gift catalogue, please call *****848. Tiffany&Co. SINGAPORE RAFFLES HOTEL ARCADE NGEE ANN CITY BUSINESS SALES 6735 1848 i Power Candlestick Trading The ULTIMATE Money Making
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    • 290 7 SEMINARS FOR EVERYONE! ■.i 1-3 April 2005 I Friday to Sunday Suntec Singapore, Asian Civilisations Museum, The Arts House, Fullerton Hotel MLXickstart 2005 with Asia's Largest ixSeminar Event An information extravaganza that promises top talents and insights into today's trends. See a marked change in your business, success formula and
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  • VIEWS FROM THE TOP
    • Article, Illustration
      2128 8 THIS WEEK'S TOPIC Has the fall in the overall cost of travel had an impact on your business, and/or business generally? Business of helping companies .cross different geographies s, Alcatel believes that a is still an essential ingredient ccess in Asia. Given that e hub for Alcatel's numerous
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  • Page 8 Advertisements
    • 71 8 BT CEOs e<iub Members of the BT CEOs e Club are Singapore's top corporate leaders whom BT editors would like to interact with In an atmosphere of informality and trust. This 'club is a virtual one with interaction mainly via e-mail. Each week, we will invite comments from these top
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  • Page 10 Advertisements
    • 1791 10 Mtj.MJIT&T Keppel Telecommunications Transportation Ltd Co Reg No: *****0115G (Incorporated in the Republic of Singapore) Notice of Annual General Meeting Closure of Books ALL MEMBERS ARE CORDIALLY INVITED TO ATTEND the Annual General Meeting of Keppel Telecommunications Transportation Ltd (the "Company") to be held at Raffles City Convention Centre, Canning
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    • 1427 10 fSffi Uwiled— BAKER TECHNOLOGY LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****0637 D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Baker Technology Limited (the "Company") will be held at Nautica 111, Level 2, Republic of Singapore Yacht Club, 52
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    • 687 10 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF LAKESHIRE HOLDINGS PTE LTD (In Members Voluntary Liquidation) Reg. No. *****9907 M NOTICE OF FINAL MEETING NOTICE 18 HEREBY GIVEN that pursuant to Section 300 of the Companies Act. Cap 50, the Final Meeting aI the
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  • DINING OUT
    • 2022 11 Asian cuisine has many faces. For a quick tour, we try out a new Japanese concept restaurant and savour the flavours of Thailand and Vietnam at some new outlets in town Sun Japanese Dining #02-01, Chijmes, 30 Victoria St Tel: 6336-3166 Open for lunch and dinner
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  • Page 11 Advertisements
    • 128 11 Where to wine, dine and entertain... by: A World of Exclusive Privileges Treats Raffles Country Club Le French Restaurant Open to public 450 Jalan Ahmad Ibrahim Tel: 6862 1838/9 v $3 Semi Buffet Offer 50% Discount Off Goose Liver, Escargot Oyster Meuniere Only for Main Course order above $10.50 Raffles
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    • 13 11 ~~1 Tookidj, level 4, above Tanglin Man. Resorvohom recommended, "fefc 6831 4373. ,/Jt
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    • 15 11 m Ci Fresh jobs everyday Read our newspapers for a fresh set of jobs everyday!
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    • 41 11 MERITUS MANDARIN SINGAPORE Si wm 4*. CANTONESE CLASSICS Reservations: Hjvv *****262/66 Em CHINESE WW RESTAURANT MERITUS MANDARIN ***•4 A division of Overseas Union Enterprise Limited (Company Registration N0.*****0050E) 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411. Fax: +65 6732 2361.
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 943 12  -  By R SIVANITHY EACH of us approaches the question of whether to buy or sell stocks differently. Some buy based on tips, others because of strong recommendations by their broker. Some sell when they have made 10 per cent others might prefer to wait for 50 per
      Graphic: BenCruz  -  943 words
    • 699 12  -  CAMPUS LIFE A team of NTU students is in the finals of an international business competition, reports CAROLYN QUEK CAROLYN QUEK AS final-year undergraduates at the Nanyang Technological University (NTU), they had to cope with not only a barrage of tests and assignments, but also
      ARTHUR LEE  -  699 words
  • Page 12 Advertisements
    • 250 12 Be smart with your finances FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? 'Then read on. The Young Investors' Forum, part of the BT-Citibank Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have a
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  • ECONOMY WATCH
    • 514 13 Rising interest rates could eventually dampen commodity rally: analysts Reuters [LONDON] Rising interest rates spell no immediate threat to commodity markets, but they may eventually create a drag on the raging bull rally currently in full swing, analysts say. Commodities have historically gone up as interest
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    • 271 13 OECD expects 1.5% growth in Japan this year AFP [TOKYO] The Organisation for Economic Cooperation and Development (OECD) secretary general Donald Johnston expects the Japanese economy to benefit from robust growth in the United States and China. Growth in the US
      AFP  -  271 words
    • 459 13  -  He plays goodwill ambassador on a visit to China By ANTHONY ROWLEY in Tokyo ASIAN Development Bank (ADB) president Haruhiko Kuroda's decision to visit China last Friday marking one of his first official trips is seen as having strong diplomatic as well as
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  • Page 13 Advertisements
    • 18 13 For more information call your travel agent or Royal Brunei Airlines at 6235 4672 or visit www.bruneiair.com BRUNEI
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    • 734 13 ■RnnilH[ Call toll-free 1800 289 8822 ISETAN (SINGAPORE) LIMITED Company Registration No. *****1177H (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 34th Annual General Meeting of the Company will be held at the Changi Rooms, Holiday Inn Atrium Singapore (formerly known
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    • 232 13 IPW economy range iiljj Renovation Contractors and \Me SbS their home-owner customers, |599p 55S JHB Opening Hours (Daily): Monday Saturday: 9 am 7 pm -jS*; v* Sun Public Holidays: 11 am -4 pm g«gJ|^|gss*JJJJ! member of the NH Ceramics Group) I k Podium B, #02-12 HDB Centre, 3451 Jalan Bukit
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  • MALAYSIA/INDONESIA
    • 563 14 It may take over MOF Inc's 29.8% stake via a cash and share swap [KUALA LUMPUR] KUB .Malaysia Bhd is likely planning to buy over Ministry Of FinaAce Inc's (MOF Inc) stake in Avenue Capital Resources, via a cash and share swap,
      THE STAR  -  563 words
    • 167 14 AFP [JAKARTA] Indonesia's president yesterday said his government's war on corruption has failed to make any major progress and graft is rearing its head in his own administration, reports said. Susilo Bambang Yudhoyono took office last October promising to root out world-leading levels of bribery
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    • 621 14  -  MALAYSIA INSIGHT PAULINE NG KL Correspondent IT'S amazing what proper branding can do. Consider American Idol, the nationwide singing talent hunt that has global viewers glued to their TV screens. The brainchild of the British and marketed as Pop Idol, its following was
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    • 8 14 Compiled by Thomson Financial I/B/E/S
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  • Page 14 Advertisements
    • 792 14 LOST SHARE CERTIFICATES The following share certificates have been reported lost, destroyed or mislaid:Nome of Company Certificate No. In the Name of No. of Shores ComfortDelgro Corporation Limited *****49 Tan Edna Lorraine 500 do *****58 do 600 -do- *****32 -do- 1,200 -do- *****37 Estate of Sivagami d/o SS V AL
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    • 641 14 IN THE MATTER OF THE COMPANIES ACT, (CHAPTER 50) PURSUANT TO SECTION 290(1 Kb) At a Extraordinary General Meeting of WIRELESS COMMUNICATIONS INTERNATIONAL PTE LTD duly convened and held at 221 Henderson Road #08-01 Henderson Building Singapore *****7 on 21 March 2005, the following resolutions set out below were duly
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    • 406 14 THE COMPANIES ACT, CAP. 50 SECTION 291(1) CaraJma Ptc Ltd i Provisional Liquidator Appointed) STATUTORY DECLARATION The Registrar of Companies, Singapore 1. Kan Kheong Ng of 64 Jalan Sinar Bulan Changi Heights Singapore *****4, NRIC No: *****301J make oath and say as follows: 1.1 am a director of the abovenamed
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  • Page 15 Advertisements
    • 2554 15 Oversea-Chinese Banking Corporation Limited and its Subsidiaries (Incorporated in Singapore. Registration Number: *****0032W) 1 important Board of Directors The financial information as set out below contain only a summary of the information in the financial statements of Oversea-Chinese Banking Corporation Limited and the ■■ww »w consolidated financial statements of the
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  • GREATER CHINA/INDIA
    • 342 16 State enterprises that go bust can't count on Beijing in four years: official Reuters [BEIJING] China will stop propping bankrupt state enterprises within four years, an official said. The four-year plan that will put an end to a practice blamed for restraining economic development even
      Reuters; AFP  -  342 words
    • 333 16 AFP [HONG KONG] Hong Kong's government, embroiled in a brewing constitutional crisis over the search for a new leader, sought to calm critics' fears yesterday, saying it would only urge Beijing to intervene as a last resort. Constitutional Affairs Secretary
      AFP  -  333 words
    • 457 16 It is planning to raise US$5b in foreign share sales [BEIJING] China will push ahead with plans to sell shares in China Construction Bank despite the resignation last week of its chairman Zhang Enzhao, an official of China's banking regulator said. The official, Tang
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    • 451 16 Move would allow Japan to diversify its energy sources Reuters [TOKYO] Japan and India have agreed to jointly develop natural gas resources near the Andaman islands, with initial surveys possible as early as this summer, the Nihon Keizai Shimbun (Nikkei) said on Saturday.
      Reuters  -  451 words
  • Page 16 Advertisements
    • 983 16 BANK OF SINGAPORE LIMITED (Incorporated in Singapore. Registration number: 19S*****1R) rr > IMPORTANT DIRECTORS The financial information as set out below contain only a summary of the information in the financial statements of Bank of Singapore Limited for the financial year ended 31 December 2004 ("the financial The jj recton
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  • ASIA-PACIFIC/WORLD
    • 424 17 Study of tax havens shows amount is 10 times bigger than Britain's GDP [LONDON] The world's richest individuals have placed US$ll.5 trillion of assets in offshore havens, mainly as a tax avoidance measure, said a report in The Sunday Observer, citing a study. The shocking
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    • 257 17 Bloomberg [LONDON] James Callaghan, who was British prime minister during a period of labour strife and economic upheaval in the late *****, died on Saturday. Mr Callaghan, who would have been 93 yesterday, died at his home in East Sussex, according to a statement by
      Bloomberg  -  257 words
    • 337 17 Bloomberg [SEOUL] South Korea will require investors who buy more than a 5 per cent stake in a company to disclose the purpose of their investments. The new rules take effect tomorrow, the Financial Supervisory Service said in a statement yesterday The regulations seek
      Bloomberg  -  337 words
  • Page 17 Advertisements
    • 69 17 si kiß mBB f An Exclusive One-Night-Only Dinner Performance Not To Be Missed! The Raffles Ballroom, For bookinys, please call presented by lams www lamcgKtions com Raffles City Convention Centre, LAMC Productions at 6324-0764 Z/ The Stamford, Level 4 (individual bookings included) X Official Car Dinner, followed by performance, or
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  • Page 17 Miscellaneous
    • 189 17 CRYPTIC CROSSWORD back! (6,2) 2 er^jn assass n s terrif 15 Note sound of pulse after YESTERDAY'S SOLUTION 0 headache (8) Across: 1 Cobbled, 5 Cydist, 9 Re--3 He talks rubbtsh poor to a right 16 At home with work, setter's alism, 10 Tunes up, 11 Telegraph, r~ u P
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  • AVIATION
    • 916 18  -  One-way fare applicable to all its 10 destinations in six cities By VEN SREENIVASAN [SINGAPORE] Smelling blood in the air, Tiger Airways appears to be going in for the kill. Amid signs that the regional low cost carriers may be hitting their
      FILE PHOTO  -  916 words
    • 400 18 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), AI: Air India (AK), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), BI: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
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    • 203 18 Bloomberg [NEW YORK] Delta Air Lines, the third largest US carrier, must further reduce costs and generate additional cash to counter the rising price of fuel, chief executive officer Gerald Grinstein said. "Our basic plan is that in '05 and '06 we were
      Bloomberg  -  203 words
    • 352 18 Bloomberg [DALLAS] Southwest Airlines Co, the largest lowfare carrier in the US, expects its investment in bankrupt ATA Holdings Corp to generate US$lOO million in annual revenue, chief executive Gary Kelly said. The added sales will come from a marketing agreement with ATA,
      Bloomberg  -  352 words
    • 152 18 Reuters [HONG KONG] AviChina Industry Technology said its Harbin Embraer Aircraft Industry has agreed to sell five jets to China Eastern Airlines. AviChina, a producer of vehicles and civilian aircraft, said the five ERJI4S jets would be delivered in 2005 and 2006. It
      Reuters  -  152 words
    • 394 18 Hansung aims for SE-Asia, Japan, Taiwan, China Bloomberg [CHEONGJU] Hansung Airlines, South Korea's first low-fare airline, said it is aiming to fly to Japan, China. Taiwan and South-east Asia in 2006, offering discount fares to the increasing number of South
      Bloomberg  -  394 words
    • 194 18 Reuters [TAIPEI] Taiwan's secondlargest airline. EVA Airways, plans to form a joint venture air cargo company with China's Shanghai Airlines, a newspaper said. The United Daily News quoted Evergreen Group chairman Chang Kuocheng as saying the move was part of his company's push
      Reuters  -  194 words

  • SHIPPING
    • 544 19 Based on world fleet of 456, there may be deficit of 91 vessels: study Bloomberg [NEW YORK] The world's fleet of oil supertankers may be insufficient to meet demand this year even as new vessels are scheduled for delivery, according to a
      Bloomberg; FILE PHOTO  -  544 words
    • 326 19  -  Simulations show 'megaships' able to navigate safely By EVELYN DUFFY in Perth PLANS for a cruise ship terminal on Australia's Gold Coast have been given a boost after computer modelling showed that "megaships" could safely navigate the waterways. Simulations carried out by Queensland's
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    • 512 19 Bloomberg [SINGAPORE] Two midsized Korean shipbuilders are to invest in building larger cargo vessels as global demand for sea freight increases. Korea Shipyard Co, which has been building fishing boats for 20 years, plans to spend around 140 billion won (***** million)
      Bloomberg  -  512 words
    • 407 19 Reuters [CHICAGO] Low ocean freight is helping to draw demand for US soybeans for shipment from the Pacific Northwest at a time when importers turn to cheaper supplies in Brazil and Argentina, traders said. There was talk that China, the world's
      Reuters  -  407 words
    • 120 19 Bloomberg [SHENZHEN] Cosco Pacific Ltd, the world's fifth-largest port operator, said it will sell its 17.5 per cent stake in a container terminal in Shenzhen to China Merchants Holdings (International) Co for HK$6lO million ($7B million). The port-operating arm of China's largest shipping company
      Bloomberg  -  120 words
  • Page 19 Advertisements
    • 2114 19 I SINGAPORE REINSURANCE CORPORATION LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****0016 C ANNUAL GENERAL MEETING I NOTICE IS HEREBY GIVEN that the Thirty-Second Annual General Meeting of the Company will be held at The Executives' Club, OCBC Centre, 65 Chulia Street, 33rd Storey, Singapore *****3, on
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  • 10739 20 STRAITS TIMES INDEX STOCKS stodi WW Om Oi—a« Stock MM m dot* Ch—g» Allgreen SOc 0.31 1.170 +0.020 Ml 20c 0.64 2.010 +0.010 Ascendasreit 0.98 1.970 +0.050 NOL 1.16 3.700 -0.120 BIL Intl US20c 0.52 1.170 Noble Grp HK25c 0.78 1.500 -0.010 CapitaLand 1.59 2.480 -0.030 OCBC 9.80
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  • FINANCE & COMMODITIES
    • 3086 21 MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local cwr In S$ hi USS dy yr *dy *yr %dy *yr Mar 25 lndo« Chang* Chango Chang* Chanqa Chang* Chang* World Index Preliminary 850.5 0.0 -02 0.0 -U 0.0 -1.9 EAf E PrHiminaiy 797.6 0.1 32 0.1 02 0.1 -0.5 Europe Prelminary 1099.0
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    • 928 21 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] World oil prices dived last week as traders banked profits owing to a rebounding US dollar and a sharp rise in US crude inventories. The stronger US unit weighed on all dollar-denominated commodities as they became more expensive
      AFP  -  928 words

  • Page 22 Advertisements
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  • Page 23 Advertisements
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  • Page 24 Advertisements
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    • 689 24 ygsa yor sm rw jobsl m m n <*****1 NW 25/03 M/t3 ML as l/S I fttCMMM 1433 M 25/13 25/13 121 31/ M 82/ M PttMMPA 1434 M 2t/t3 27/H Pit MMDA *****1 27/>3 2>/M <»*»» WWP 27/13 21/13 VBtt JfflL SB- ML— MCIANM 143** »/M 2t/M KjSi ff®
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    • 310 25 I E p CARRIERS ixi ivtam wtmT f T TMlSnMffll 5 -2S/MW a/Mf tl/MIB «E ajp wm WHOM i<m is/04 m iifoigg n/wm tmnkmstm im a/04« a/wwii nmß_ WWW MM J/Mi W/tligg H/H« Ha ISB Saul 1 EBH ii/mw VIETNAM EXPRESS SERVICE WIIRIT MIED DAT SAIIIMO SIMBAfORf VItTWARR SHHAfORE n..
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    • 452 25 mm MMr'UMI HHHHllGßlS£l^^2«inwS^om/o^m^ ■Pffifli TIGER SKY 268N 29-30/03 05 0 7/04 12-13/04 I BgpjU|iy| TIGER WAVE 270N 02-03/04 08 10/04 16-17/04 I T M TIGER PEARL 271N 05-06/04 12-14/04 19-20/04 ■■■'TIG£R SEA 272N 09-10/04 1 5-17/04 23-24/04 I gMBB|TI6fIIS<Y 273« i 12-13/04 19-21/04 26-27/04 1 ;:<«ACWEVH w 77-w/m M-OA/M 14-is/m
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  • THE BUSINESS TIMES SHIPPING TIMES
    • 7437 26 ETA ETA A*ertN« Vassal Voyage Tilipbm HA ETA ktumrkm V«Mi Voyage T iliph 111 SM DMfa Mm torn Nunbor WNt SIN Ovfa Name Hmm Number Number mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm wmmmmmmmmmmmmmmmmmmmmmmtmmmmmmmmmm i 17/04 25AM CMACGM KAMAKURA 12S *****800 TO ABIDJAN (ABJ) 2003 Cote D'lvoire t7/04 25AM NYK
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  • Page 27 Advertisements
    • 57 27 O fntentfa the intelligent choice i > ''"i I, In order to compete successfully, companies are: E Shortening supply chain Reducing stock level Improving cash flow efficiencies companies to achieve these goals. Intentia Asia Pacific Pte Ltd 8 Cross Street #12-05/06 PWC Building Tel: 6788 8769 Fax: 6788 8757 JL
      57 words
    • 68 27 DOCUMENT MANAGEMENT First steps to achieve regulatory compliance PG2B Bk -^SH^^H i kJtharaad Otttular (Mr. AV-Sctono* Marketing Pta Ltd Offlca IPU Ltd -v 3 Upper Afluniad Link Block B (tubmdmry of MUC Fmrpnoef _^^BS2S&2£|^^) #06-06 Joo Sang Warehouse The Funan fT Ma* Singapore *****2 *05-25/32 C Tel: >66 *****322 Fte
      68 words
  • BizIT
    • 646 27  -  BT exclusive It is talking to top global logistic players and has signed a big deal, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY IN a bid to ramp up its corporate business, Singapore Telecommunications is pushing ahead to offer a range of managed
      646 words
    • <what's up>
      • 76 27 SUN Microsystems and System Access said China Development Bank has implemented "Symbols", an end-to-end core banking solution running on Sun's Fire Ultra Sparc IV servers. This solution was implemented across all of its 33 branches and its main office in Beijing. "The US$4.5 million
        76 words
      • 61 27 STORAGE networking solutions provider, McData Corp, has tied up with IT distributor Ingram Micro Asia to expand into the Asia-Pacific market, Under the deal, Ingram Micro will distribute the full suite of McData products, while McData will provide product support to resellers, including training,
        61 words
      • 24 27 STOCKHOLM-BASED Intentia has tied up with Singapore-based NCS to offer Intentia services and support in China. Intentia will focus on
        24 words
      • 5 27
        5 words
      • 9 27  -  Compiled by ROLAND LIM
        9 words
    • 612 29  -  Its revenue growth was twice the industry rate: Gartner By RAJU CHELLAM SOUTH Korean giant Samsung Electronics grew its semiconductor revenues by a whopping 55 per cent last year, to cross U5516.27 billion in global chip sales, according to the latest study by
      612 words
    • 317 29 Reuters [TOKYO] Renesas Technology Corp. the world's fifth biggest chip maker, said it would likely post lower sales and profit in the next business year compared with the current year, as a result of falling chip prices. "Sharp price falls are
      Reuters  -  317 words
    • 806 29  -  By GEOFFREY PEREIRA MACINTOSH users, who have been surfing the Internet carefree and unprotected, smug in the belief that only PCs are affected by the scourge of worms and viruses, beware. Security radar screens have seen no less than 37 new vulnerabilities in the Mac
      AFP  -  806 words
    • <what's new>
      • 70 29 Brother has launched two new multi-function J printers targeted J at Sohos (small J offices, home offices). The DCP-7010and MFC-7420 (right) print up to 20ppm (pages per minute). and offer a maximum resolution of 2,400 by 600 dpi (dots per inch). The MFC-7420
        70 words
      • 72 29 MCAFEE Inc has released its McAfee Managed Virus Scan, targeted primarily at businesses which have a limited number of IT staff. It enables small businesses to outsource managing of virus updates for their users. The service can be deployed over the Internet and provides Web-based reporting
        72 words
      • 103 29 CANON has added the Ixus 700 (above) and Ixus 50 to its range of digital cameras. The Ixus 700 retails for $849 and offers 7 megapixel resolution. The Ixus 50 costs $749 and offers 5 megapixel resolution. Both cameras feature 3x optical zoom,
        103 words
      • 60 29 IT solutions provider Getronics said it will sell business intelligence software Pro Clarity 6 here. Pro Clarity is based on Microsoft technologies and interfaces with Microsoft's suite of software including Office, Share Point and SQL Server. It costs between US$2O,OOO and U5525,000, excluding services. To obtain
        60 words
      • 99 29 MICROSOFT Corp has released a slew of input devices, including a range of Bluetooth-enabled keyboards and mice. The Wireless Optical Desktop Elite for Bluetooth is a keyboard and mouse package that retails for $199. The Wireless InteUimouse Explorer for Bluetooth costs $149, while the Wireless
        99 words
      • 75 29  -  Compiled by ROLAND LIM AFTER 12 months of testing the beta version, Microsoft Corp has released its application development tool, Microsoft Visual Studio 2005 in Singapore. Pricing begins at $83 for the Express Edition, while the Professional Edition retails at $1,358 by itself,
        75 words

  • BizIT FOCUS: DOCUMENT MANAGEMENT
    • 818 28  -  Firms wishing to implement a document management system to become regulatory-compliant must convert the paper to an electronic format, says ROLAND LIM ROLAND LIM CORPORATE governance is the latest buzzword among chief executives no doubt a reaction to the many scandals that have surfaced in recent
      FILE PHOTO  -  818 words
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  • Page 29 Advertisements
    • 158 29 j*. Company Formation Foreign Direct Investment Virtual Offices Since 1975 OCRA Worldwide has been providing offshore incorporation and administration solutions for Asian and International businesses. We have been at the forefront of corporate and financial trends in China and lead the field in foreign direct investment Our pioneering spirit, professionalism
      158 words

  • BizIT FOCUS: ADAPTING FOR BUSINESS
    • 1208 30  -  As it may result in loss of credibility, it's vital that companies chart their business continuity plans, says AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY Technology has become the predominant business driver in every sphere of economic activity. As a result, the availability of services, applications
      FILE PHOTO  -  1,208 words
    • 318 30 NO company can afford the impact of a site outage, a disaster, or a major business interruption on its critical business processes. A good business strategy would be to try to prevent such an event from occurring, rather than react to one
      318 words
  • Page 30 Advertisements
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