The Business Times, 8 November 2005

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Microfilm: NL26526
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES SINGAPORE 85cents online at http://busmess-time&.asial .com.sg MICA (P) 069/03/2005 Tuesday, November 8,2005
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  • Article, Illustration
    Lock icon It's cheaper to see this in S'pore than Paris
    544 1  -  By ARTHUR SIM [SINGAPORE] Those hoping to catch the cabaret act Crazy Horse Paris when it opens next month will have to fork out at least $85. This will buy you an entrance and a standard drink at what has been
    544 words
  • Article, Illustration
    Lock icon Sentosa bungalow land prices soar 65% in 7 months
    787 1  -  Spike in seaside land prices likely to continue into 2006 By ARTHUR SIM [SINGAPORE] Seaside bungalow land on Sentosa has shot up in price and is likely to get even more expensive. Sentosa Cove Pte Ltd (SCPL) says prices of bungalow
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      91 1 r IBM IHSSNG CORP WillOwChioKiat take it private? PG4 TEXTILES China, US agree on import curbs wis CORPORATE RESULTS SembCorpQ3 profit Up 16% PG4 UIRDDAIIV MiCNMIvR RATES Impact on S'pore home loans pgio *****1 l 8 '*****r*****4 Markets Digest Pg 2 ROLEX i i 7B i fcjj THE HOURGLASS I'AKAMHMAYA
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      2 1 concern; survey
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  • TOP STORIES
    • Article
      Lock icon Parkway's Pantai deal under fire from critics
      490 2  -  Attack sparks worry of political move against purchase By S JAYASANKARAN in Kuala Lumpur THE proposed purchase of 31 per cent of Malaysian hospital owner Pantai Holdings by Singapore's Parkway Holdings has come under attack from elements in Malaysia's ethnic Malay community, prompting
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    • Article
      Lock icon Correction
      98 2 IN our story "Citiraya creditors get three weeks to consider debt plan" (BT, Nov 5), we said Citiraya Industries would assign its debt owing to United Overseas Bank to Oei Hong Leong's Chip Lian Investments and Eddie Chng's First Alverstone Capital. This is incorrect. First Alverstone is not affiliated
      98 words
    • Article
      Lock icon MARKETS DIGEST
      136 2 sn 2,257.08 (-9.44) ST INDEX FUTURES 2,256.00 (-10.00) SIMSCI 266.74 (-1.27) SIMSGfUWRES 266.00 (-0.90) PRIME RATES SINGAPORE 5.25 MALAYSIA 6.00 HONG KONG 7.00 INDONESIA 17.12 TAIWAN 6.52 JAPAN 1.375 KOREA 9.33 BRITAIN 4.50 US.i (.75 CANADA «„>*. »....4,7S"SWITZERLAND 2.63 INDIA 10.25 Source: Bloombera Source: Bloomberg MARKETS Monday Change
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    • Article, Illustration
      Lock icon Pinning down the size of the Marina IR site
      580 2  -  Size seems to have grown with announcements, but URA says site largely unchanged By ALEXANDRA HO [SINGAPORE] With the release last week of some details of the upcoming Request for Proposals (RFP), the Marina Bay integrated resort (IR) seems to have
      580 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      673 2 S'pore's HSA can do robust review: Glaxo GLAXOSMITHKLINE reckons that Singapore's Health Sciences Authority has the potential to become the Asian equivalent of the US Food and Drug Administration, after it evaluated the UK drug giant's latest vaccine. For the first time, HSA has fully evaluated a vaccine,
      673 words
    • Article, Illustration
      Lock icon World energy need seen rising 50% in 25 years
      487 3  -  Oil producers must invest more, China must conserve: lEA Bv ANTHONY ROWLEY in Tokyo WORLD energy demand will soar more than 50 per cent in the next 25 years, requiring massive capital investment to ensure sufficient resources are brought on stream,
      REUTERS  -  487 words
    • Article
      Lock icon Glaxo: S'pore's HSA can do robust review
      484 3  -  Health Sciences Authority has potential to be Asia's equivalent of the US FDA, it says By CHEN HUIFEN [SINGAPORE] GlaxoSmithKline (GSK) reckons Singapore's Health Sciences Authority has the potential to become the Asian equivalent of the US Food and Drug Administration, after it
      484 words
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      198 2 You can avoid the nitty-gritty of the paperwork process by paying us for our range of corporate secretarial services. his allows you to have the peace of mind to concentrate on your business. Other Services available include: Nominee Director Merger Acquisition Restructure and Reorganisation Companies Winding up Registration of Business
      198 words
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      151 3 S Sonangol ANNOUNCEMENT Angola E&P Licensing Round Sonangol, Angola's national oil company, invites interested oil and gas companies to participate in its next E&P licensing round, which will include seven blocks: Blocks 1, 5 and 6 are located on the shelf of the lower Congo and Kwanza basins Deepwater blocks
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      9 3 rllii k CBI W*l? SuTOv OUB9 R PCv -&BM
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  • COMPANY NEWS
    • Article
      Lock icon SembCorp reports Q3 net profit growth of 16%
      629 4  -  Higher than expected earnings boosted by utilities and rig building By ANGELA TAN DIVERSIFIED marinebased SembCorp Industries (SCI) yesterday reported a higher than expected thirdquarter net profit of $92.71 million, up 16 per cent, boosted by strong growth in its utilities and
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    • Article
      Lock icon Great Eastern Q3 earnings soar 40% to $90m
      370 4  -  By LESLIE YEE GREAT Eastern Holdings (GEH), the largest insurance group in Singapore and Malaysia, has posted a 40 per cent rise in net profit to $90 million for Q3 2005. For the first nine months of 2005, net profit was $280.9
      370 words
    • Article, Illustration
      Lock icon Mapletree Log plans to double asset portfolio
      643 4  -  $500m acquisitions in the pipeline over next six months By KALPANA RASHIWALA MAPLETREE Logistics Trust plans to double the size of its asset portfolio through about $500 million of acquisitions over the next six months. The pipeline comprises 11 assets in Hong Kong's
      643 words
    • Article, Illustration
      Lock icon Ow unlikely to take SSC private
      708 4  -  HOCK LOCK SIEW By CONRAD RAJ FED up with his underperforming stock, centillionaire Ow Chio Kiat threatened to take his listed company, then called Hai Sun Hup Group, private some five years ago. The threat, half in jest, was made in November 2000 during
      708 words
    • Article
      Lock icon SingPower's Aussie unit to raise up to A$1.6b in IPO
      595 4 Reuters SP AUSNET, the Australian unit of state-owned Singapore Power Ltd (Sing Power), is raising up to Asl.6 billion (Ss2 billion) in an IPO that would be the biggest offering by a Singapore enterprise in more than a decade. The
      Reuters  -  595 words
    • Article, Illustration
      Lock icon Frontline unit wins outsourcing contract
      489 6  -  It will support business functions of SingRe for an undisclosed sum By AMIT ROY CHOUDHURY FRONTLINE Technologies Corporation's outsourcing arm has been awarded a contract by Singapore Reinsurance to manage IT infrastructure and applications and provide helpdesk support for at least two years. Under the
      489 words
    • Article
      Lock icon Parkway's Q3 profit gets a boost from medical tourism
      402 6  -  By CHEN HUIFEN MEDICAL tourism helped healthcare group Parkway Holdings to report a 23 per cent growth in third-quar-ter net profit to $15 million yesterday, leading it to propose a dividend of two cents per share less tax. The earnings growth
      402 words
    • Article
      Lock icon Kim Eng aims to pay out 50% of profit in dividend
      398 6  -  By MICHELLE QUAH KIM Eng Holdings had what it called "an excellent quarter" for the three months to Sept 30. And thanks to "several years of solid earnings and prudent strategic management of its assets", the group says it
      398 words
    • Article
      Lock icon Cosco posts five-fold jump in Q3 profit
      204 6 Reuters COSCO Corp, a bulk shipping and ship repair company controlled by China's biggest shipping firm, yesterday posted a five-fold jump in quarterly profits thanks to strong business in China. The Singapore-listed company, majority-owned by China Ocean Shipping Co, said its third-quarter net
      Reuters  -  204 words
    • Article
      Lock icon Merrill's call on Osim: 'Buy'
      407 7  -  Target price set at $2 on retailer's potental US market penetration By ANGELA TAN MERRILL Lynch has initiated coverage of Osim, the retailer of healthy-lifestyle products, with a "buy" call and a target price of $2 a share on back of its potential to penetrate
      407 words
    • Article
      Lock icon Ng Geok Eng set to plead guilty at Autron hearing
      193 7 ONE of the two men charged with rigging the share price of Autron Corp is expected to plead guilty at a hearing next month, following a pre-trial conference (PTC) yesterday. Ng Geok Eng, managing director of Keng Heng Construction, and
      193 words
    • COMPANY BRIEFS
      • Article
        Lock icon APB in tie-up with Mongolian firm
        79 7 ASIA Pacific Breweries (APB) and MCS Holding, a diversified business group from Mongolia, have set up a 55:45 joint-venture called MCS-Asia Pacific Brewery to construct a brewery to produce, market, sell and distribute beer in Mongolia. APB said the project will cost US$l5 million
        79 words
      • Article
        Lock icon First Engineering sees earnings rise 1.7%
        89 7 FIRST Engineering saw its net earnings rise 1.7 per cent to $13 million, in the half-year ended Sept 30, 2005, while revenues grew 12 per cent to $83.8 million. It said turnover could have been higher, if not for delays with new programmes in
        89 words
      • Article
        Lock icon Maybank launches online savings plan
        116 7 MAYBANK launched iSAVvy Savings Account yesterday an online savings account that pays a higher interest rate than the traditional savings account, and comes with ATM convenience and loyalty interest payment on the interest earned. Accounts with daily balances of $5,000 and above will earn a
        116 words
      • Article
        Lock icon LMA Int'l posts 15% hike in Q3 earnings
        81 7 AIRWAY devices maker LMA International reported al5 per cent gain in third-quarter net income to US$5.9 million, despite increased competition. For the three months ended Sept 30, sales went up 10 per cent to US$2l million. However, the net loss for the
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      • Article
        Lock icon GK Goh sees Q1 profits rise to $5m
        90 7 BROKERAGE GK Goh said net profits rose to $5 million in the September quarter, more than five times the $800,000 earned the year before. Earnings were also up 32 per cent from the June quarter. The September quarter is the first reporting
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      • Article
        Lock icon Jurong Technologies Q3 income up 31%
        83 7 JURONG Technologies Industrial Corp recorded a 31 per cent rise in net income to $16.9 million for the quarter ended Sept 30, as its turnover grew 26 per cent to $476 million. The group said this was thanks to robust growth, a better product
        83 words
      • Article
        Lock icon S'pore Reinsurance Q3 earnings rise 23%
        99 7 SINGAPORE Reinsurance Corporation saw a 23 per cent gain in net earnings to $3.6 million for the September quarter, despite a 22 per cent fall in revenue to 19.9 million. It said the revenue drop was largely due to the end of the Voluntary
        99 words
    • Article
      Lock icon Straco's earnings jump on forex gains, lower costs
      274 7  -  Q3 profit up 8.8% as visitors to group's Shanghai Ocean Aquarium rose By VEN SREENIVASAN MAINBOARD-LISTED Straco Corporation reported a 269 per cent surge in net profit for the nine months ended September to $3.1 million, thanks to forex translation gains and
      274 words
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      99 4 Our qualified professionals J can assist you with offshore structures, shelf companies wjijdF i~ J and incorporations in ALL jurisdictions including: British Virgin Islands Cayman Islands Bahamas Mauritius Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection
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      469 5 I I L.I I I I "How much discount can I get?" obvious are the fine unobstructed W panoramic views. And the City views from the upper floors are totally awesome. We believe that competitive pricing makes The Trumps an excellent It's time to look into the kind of home
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  • Page 7 Advertisements
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      271 7 1 DBS High Notes is not principal protected. Minimum investment is 5525,000. DBS High Notes will accrue interest daily at the rate of 3.6% p.a. based on the Outstanding Principal Amount. Where total losses on the Reference Portfolio exceed the Loss Protection Level of 18.2%, the original investment amount will
      271 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon A lacklustre day at the market
      519 8  -  STOCKS STI sheds 9 points as volume remains thin in the absence of any newsflow VEN SREENIVASAN Senior Correspondent mmmm "K Singapore market started on a soft and lacklustre note for the week, with the benchmark index sliding steadily from the starting boll as
      Source: Bloomberg  -  519 words
    • TRADES TO WATCH
      • Article
        Lock icon FirstLink Inv chairman's deemed stake up
        432 8 FIRSTLINK Investments chairman Ling Yew Kong saw his deemed stake in the company rise further after another open-market purchase by Alphasky Group, which bought two million First Link shares yesterday for seven cents each. The purchase raised Mr Ling's deemed stake to 6.42 per
        432 words
      • Article
        Lock icon Wee family's vehicle buys UOL shares
        110 8  -  Compiled by MICHELLE QUAH UNITHI) Overseas Bank's Wee family continued to tighten its hold on United Overseas Land. Its private Investment vehicle CY Wee Co bought 1.6 million UOL shares last Wednesday at $2.35 apiece, boosting its stake to 2.79 per cent from 2.59
        110 words
    • Article, Illustration
      Lock icon Untitled
      458 8 OTHER SINGAPORE INDICES Nov 7 VALUE CLOSE BT OB/OS 47.00 -74.00 BT CADI -*****.00 -81.00 BT 10-day MA -*****.00 +4.00 All-SG Equities 578 68 -2 93 SG Equities Elect 123.34 -0.72 SG Equities Fin 1641.90 -10.50 SG Equities Prop 711.88 -2.29 SIMSCI 266.74 -1.27 SiMSCI Futures 266.00 -0.90 MOST ACTIVE
      458 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      949 8  -  Compiled by UMA SHANKARI SembCorp Logistics Nov 7 close: $1.70 CIMB-GK RESEARCH, Nov 7 SEMBLOG posted results in line with our expectations. Revenue for 3Q05 jumped 26 per cent year-on-year to $245 million. Excluding exceptional items, we estimate that net profit rose 8 per cent year-on-year to $13
      Source: Bloomberg  -  949 words
    • Article, Illustration
      Lock icon Greenback hits fresh 2005 highs
      531 8  -  CURRENCIES LARRY WEE Senior Correspondent THE US dollar bullied its way to fresh 2005 highs against several key counterparts in Asian trading yesterday, notwithstanding Friday's weaker than expected US jobs figures. Between US trading hours on Friday and Asian trading yesterday, a vigorous-looking greenback re-tested
      Source: Reuters  -  531 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Key interbank rate rises sharply to 2.75%
      484 10  -  Mortgage rates set to rise on continuing US inflation worries By SIOW LI SEN SINGAPORE interest rates have shot up sharply in the last two weeks, so much so that they have breached the year-end and even 2006 targets of some banks so
      Source: Bloomberg  -  484 words
    • Article, Illustration
      Lock icon More jobs for the unemployed
      353 10  -  By MATTHEW PHAN NTUC's Job Re-creation Programme has so far helped more than 3,500 people find jobs, said Deputy Prime Minister and Minister for Home Affairs, Wong Kan Seng yesterday. The next phase of the programme will widen the scope of job redesign to include
      AP  -  353 words
    • Article
      Lock icon OCBC to raise fixed deposit rates
      303 10  -  By LESLIE YEE OCBC Bank, which has held its fixed deposit rates constant since May 2003, has now followed the lead of the other two local banks and increased them. The increases take effect from today. DBS Group and United Overseas Bank (UOB) announced
      303 words
    • Article
      Lock icon Margate Road plot up for tender
      188 10 A FREEHOLD site in the Meyer Road area has been put up for sale by tender. The freehold Margate Road plot of 16,967 square feet now houses a bungalow. Marketing agent Cushman and Wakefield has not revealed the identity of the owner. The land
      188 words
    • NEWS ROUNDUP
      • Article
        Lock icon MOH forms Aids Business Alliance
        108 11 AN Aids Business Alliance has been formed by the Ministry of Health and the Health Promotion Board. The alliance, to be crewed by 14 members from the private sector, the NTUC and the Singapore National Employers' Federation, will be chaired by Wang Kai Yuen, Member
        108 words
      • Article
        Lock icon Amkor names Steven Tan as senior VP
        71 11 NASDAQ-LISTED Amkor Technologies, the world's largest provider of contract semiconductor assembly and test services, appointed Steven Tan Wee Meng as senior vice-president and general manager of sales and marketing for Greater China and South-east Asia. Mr Tan will be responsible for all business
        71 words
      • Article
        Lock icon Lasalle-SIA to launch fashion school
        91 11 THE lASALLE-SIA College of the Arts will launch its new Fashion Institute of Singapore in the first quarter of next year. The institute aims to spearhead fashion and fashion education in Singapore. It will take over Lasalle's current fashion degree programmes in fashion design and
        91 words
    • Article
      Lock icon PM's Office to have new Perm Sec
      284 11  -  By CHUANG PECK MING PERMANENT Secretary (Defence) Chiang Chie Foo will become Permanent Secretary in the Prime Minister's Office (Designate) on Nov 18 and will take over from current Permanent Secretary (PMO) Eddie Teo when the latter retires from the Administrative Service from
      284 words
    • Article
      Lock icon Industry input sought on LNG terminal
      616 11  -  EMA consultants suggest terminal that handles 1/3 of natural gas imports By RONNIE LIM SINGAPORE'S plan to import liquefied natural gas (LNG) as an additional fuel source for power stations is feasible, according to consultants to the Energy Market Authority (EMA). And they have
      616 words
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      33 10 *****P > *wfz H^Vk|^K IS jE 'a Afclfc "T 1 I 1 SINGAPORE VO/Takasnimaya -Cc9 etKe d come tru*^ 391 Orchard Road Singapore *****3 Tel: 6738 1111. Business Hours: 10am to 9.30pm. Website: www.takashimaya-sin.com
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      Lock icon Page 10 Advertisements Column 2
      107 10 ASIA'S PREMIER ADVERTISING AND MARKETING COMMUNCIATIONS CONGRESS ADASIA 05 20 to 23 November 2005 Suntec City, Singapore A 'must attend' for all advertising, marketing and communications professionals as well as enterpreneurs and SMEs expanding into Asia, this congress will provide you with a fresh perspective and important insights into the
      107 words
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      385 11 target the stock market. <9Bk This is much biggerl New opportunity in $1.9 trillion currency market ft can help you increase your wealth MB "This is an Attend my FREE, two-hour, educational investing workshop and live demonstration of t/St enables 4X Made Easy® where you'll: l anyone -no Witness the
      385 words
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      Lock icon Page 11 Advertisements Column 2
      657 11 LMA" LMA International N.V. (incorporated with limited liability in the Netherlands Antilles on July 28,1998) LMA CONTINUES TO REPORT STRONG SALES AND PROFIT GROWTH IN THIRD QUARTER Summary of LMA's Financial Performance Three months ended September 30, Nine months ended September 30, (USS'OOO) 2005 2004 Change 2005 2004 Change Net
      657 words
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  • SME spotlight
    • Article, Illustration
      Lock icon Competition now top SME worry
      925 12  -  Cashflow concerns slip from a year ago given a friendlier financing environment following government efforts, reports UMA SHANKARI UMA SHANKARI THERE has been a dramatic turnaround in the ability of small and medium sized enterprises to access funding, according to a survey of SMEs released
      925 words
    • Article, Illustration
      Lock icon Keeping a close eye on security needs
      884 13  -  TJ Systems is targeting the two IRs here as well as markets abroad, says CONRAD TAN CONRAD TAN ECURITY enJfr forcement should be viewed as a career," said TJ Systems manages ing director Thomas Ting with conviction. Mr Ting, who co-founded the security
      CHRIS LOH  -  884 words
    • Article, Illustration
      Lock icon It pays to invest in people processes
      805 13  -  Poor hiring decisions account for 30 per cent of all business failures, say RICHARD SCHULTE and TANG MUN HAR RICHARD SCHULTE,TANG MUN HAR WITH rapid globalisation and heightened competition for human capital, companies today face tremendous pressure in employing and retaining the right
      FILE PHOTO  -  805 words
    • Article, Illustration
      Lock icon PowerPlus banks on overseas growth
      700 14  -  SMALL CAPS Farm equipment maker's China earnings dented by typhoon, says ANGELA TAN ANGELA TAN IT SEEMS like an investment no-brainer. China is one of the world's biggest agricultural states and Zhongguo Power Plus Industries is one of the country's best-known makers of hand-held agricultural
      Source: Bloomberg; REUTERS  -  700 words
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      194 12 T„ «.#6416 0980 w u >1 World of Exclusive Privileges Treats g Diners Club WSmmß International mm /t &Brt//ic/i (o if/i a c (4'e/o v '-,•»>* v I I I I II v T I I I l\ I v .1 I V I If you love food from the
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      2144 14 SGA SOCIETY GE=NERALE ACCEPTANCE N.V. (Incorporated in the Netherlands Antilles with limited liability) NOTICE TO WARRANTHOLDERS To (1) ALL HOLDERS OF EUROPEAN STYLE CASH SETTLED CALL WARRANTS RELATING TO THE ORDINARY SHARES OF COMFORTDELGRO CORPORATION LIMITED ISSUED BY SGA SOCI£T£ G£n£RALE ACCEPTANCE N.V. UNCONDITIONALLY AND IRREVOCABLY GUARANTEED BY SOCl£T£ j
      2,144 words
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      203 14 T1 TIO OFFICIAL BUSINESS PUBLICATION theedge Best Practices Szascjf s i n c a f o e BUSINESS INVESTMENT WEEKLY presents Singapore Key Performance Indicators (KPI) Conference "Towards Organisational Excellence" 21-23 November 2005, Meritus Mandarin Singapore Topics Role of KPIs in Managing and Loading Organisations Unking Knowledge Management to Performance
      203 words
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      13 14 i it t i; r| > GOOD GAINS Let your investors know by advertising
      13 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon China, US agree on textile import curbs
      516 15 Growth on 34 clothing categories will be limited through 2008 Reuters [WASHINGTON] China has agreed to US import curbs on 34 textile and clothing categories through the end of 2008 under a pact that potentially could be signed this week in Geneva, a
      Reuters; REUTERS  -  516 words
    • Article
      Lock icon ECB policymakers divided over timing of rate rise
      593 15 Views differ on weightage of growth data Reuters [FRANKFURT] The European Central Bank (ECB) has removed the safety catch and stands ready to fire off its first interest rate rise in five years. But the missing element appears to be solid economic
      Reuters  -  593 words
    • Article
      Lock icon No abrupt monetary policy change, says BoJ
      231 15 Reuters [BASEL] Bank of Japan governor Toshihiko Fukui said on Sunday he saw no abrupt change in the country's four-year-old ultra-easy monetary policy and that a possible change in monetary policy required careful judgment. Speaking to reporters on the sidelines of a meeting
      Reuters  -  231 words
    • Article
      Lock icon WTO members try to break deadlock in trade talks
      361 15 AFP [LONDON] Key sparring partners from the World Trade Organisation (WTO) tried yesterday to overcome disputes hinging on agriculture and inject some energy into talks aimed at tearing down barriers to global commerce. The London meeting between top officials from Brazil,
      AFP  -  361 words
    • Article
      Lock icon Asian govts urged to close backyard poultry farms
      403 15 Reuters, AP [SINGAPORE] Asian governments must provide financial incentives and shut down as many backyard poultry farms as possible to halt the spread of bird flu, a leading US poultry industry official said. Margaret Say, Southeast Asian director for the USA Poultry
      Reuters,; AP  -  403 words
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      534 15 Deutsche Bank \Z\ DEUTSCHE BANK AG, ACTING THROUGH ITS LONDON BRANCH (Incorporated under the laws of the Federal Republic of Germany) NOTICE TO WARRANTHOLDERS To ALL HOLDERS OF EUROPEAN STYLE PHYSICALLY SETTLED DISCOUNT CERTIFICATES (CALL SPREAD WARRANTS) RELATING TO THE ORDINARY SHARES OF CITY DEVELOPMENTS LIMITED ISSUED BY DEUTSCHE BANK
      534 words
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      761 15 In The Matter Of The Companies Act, Cap. 50 And In The Matter Of EVEREN INVESTMENT PTE LTD Company Reg. No. *****5330H (In Voluntary Liquidation) Members' Voluntary Winding Up At an Extraordinary General Meeting of the Members of the abovenamed Company duly convened and held at 77 Robinson Road #27-00
      761 words
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  • MALAYSIA
    • Article
      Lock icon Parkson's HK listing will swell Lion's cash pile
      514 16  -  Investors bet on company returning surplus funds despite its debt By PAULINE NG in Kuala Lumpur INVESTORS in Lion Diversified Holdings are hoping to see some cash from the listing of the Malaysian company's wholly owned subsidiary Parkson Retail Group on the
      514 words
    • Article
      Lock icon CIMB hires 3 bankers after integration
      467 16 [KUALA LUMPUR] CIMB Bhd is said to have hired at least three new experienced commercial bankers following its integration with Bumiputra-Commerce Bank Bhd (BCB), the StarBiz reported, citing banking sources. The Malaysian tabloid quoted the sources as saying over the weekend that the most
      467 words
    • Article
      Lock icon BURSA MALAYSIA
      2403 16 VOl General Corp 0.41 unch 123 *»> COOP) Genting .21.50 unch 829 George Kent 0.60 0.01 1 ASM Realty 1.58 -0.02 8 GHLSystems 0.11 unch 736 Abn£ 030 unch 0 Globetronics Tech 0.30 0.01 2299 ACP Industries 0.63 -0.02 6 GlomacBhd 1.20 unch 127 Advance Synergy 0.25 0.01
      2,403 words
    • BRIEFLY ASIA
      • Article
        Lock icon ICICI Bank to sell US$300m bonds
        81 16 Bloomberg [SINGAPOREMCICI Bank Ltd, India's second largest lender, plans to sell US$3OO million of five-year bonds this week, an e-mail from one of the underwriters sent to investors showed. The bank hired Deutsche Bank and Merrill Lynch Co to arrange the sale of dollar-denominated
        Bloomberg  -  81 words
      • Article
        Lock icon Entrepreneurial Shanghai
        93 16 AFP [SHANGHAI] China's largest and most modern city Shanghai has a strong entrepreneurial spirit, with almost 5 per cent of working-age adults running their own business or about to do so, according to a survey published by Xinhua on Sunday. The percentage is higher than the 3.3 per
        AFP  -  93 words
      • Article
        Lock icon Credit Suisse opens Mumbai office
        134 16 Bloomberg [MUMBAI] Credit Suisse Group, Switzerland's second largest bank, is opening an office in Mumbai to expand its services to wealthy people in a country where the number of millionaires is growing at an estimated rate of 24 per day. The new office "marks another
        Bloomberg  -  134 words
      • Article
        Lock icon Indian firm may buy Posco mill
        97 16 Reuters [SEOUL] Posco, the world's fifth largest steel maker, may sell one of its two mini-mills to India as it shifts focus to high-end steel production, an official from the South Korean steel company said yesterday. Essar Steel, India's second biggest private steel maker,
        Reuters  -  97 words
      • Article
        Lock icon Taipei to ease curbs on chip firms
        112 16 AP [TAIPEI] Taiwan may relax its tight restrictions on chip investments in China by allowing its chip factories there to use slightly more advanced technology, an official said yesterday. Taiwan now allows its chip firms to build eight-inch wafer plants in China, using
        AP  -  112 words
      • Article
        Lock icon Federal Bank scraps acquisition
        69 16 Reuters [MUMBAI] India's Federal Bank yesterday said it had abandoned plans to buy unlisted Lord Krishna Bank, casting some doubt on expectations of more takeovers in the crowded sector. "The valuations were not favourable," a source said. The Times of India reported that Lord Krishna had
        Reuters  -  69 words
      • Article
        Lock icon Indo-Pak deal on bank branches
        80 16 Bloomberg [KARACHI] The central banks of India and Pakistan yesterday agreed to open two bank branches in each other's countries, part of moves aimed at easing tensions between the neighbours. "An understanding between the Reserve Bank of India and State Bank of Pakistan on granting
        Bloomberg  -  80 words
    • Article, Illustration
      Lock icon Anwar to campaign for PAS in Kelantan by-election
      287 16 It will be his first political foray since his release AFP [KUALA LUMPUR] Former deputy premier Anwar Ibrahim will campaign for the opposition Islamic party against the ruling National Front during a crucial by-election next month in the only state the Islamists
      AFP; FILE PHOTO  -  287 words
    • Article
      Lock icon No power tariff hike for now, says M'sia
      210 16 AFP [PUTRAJAYA] Energy, Water and Communications Minister Lim Keng Yaik yesterday ruled out an immediate electricity tariff hike in order not to burden Malaysian consumers facing rising inflation from high global oil prices. "There's no increase for the time being. I wouldn't
      AFP  -  210 words
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  • GREATER CHINA
    • Article
      Lock icon US firms shift warehousing to China
      416 17 Move is part of efforts to make supply chains more efficient: report [NEW YORK] US manufacturers and retailers are increasingly shifting warehouses and distribution facilities to China as part of efforts to make their supply chains more efficient, says a report in the Financial
      416 words
    • Article
      Lock icon Beijing to monitor listed firms more effectively
      320 17 Bloomberg, Reuters [BEIJING] Six key Chinese regulators say they will work more closely in monitoring listed companies, whose often doubtful accounts and occasional corruption deter investment and impede the development of financial markets. "We must use all the resources at our disposal to
      Bloomberg,; Reuters  -  320 words
    • Article
      Lock icon HK man jailed for copyright violation
      214 17 AP [HONG KONG] A Hong Kong man was sentenced yesterday to three months in prison in what local officials said was the world's first successful prosecution of copyright violation using the popular filesharing software Bit Torrent. Chan Nai-ming, 38, was convicted of illegally uploading
      AP  -  214 words
    • Article
      Lock icon China lifts target for renewable energy use
      245 17 Reuters [BEIJING] China yesterday raised its target for reliance on renewable energy but acknowledged that coal would remain its primary source for electricity for decades to come. Renewable energy should account for 15 per cent of the national energy supply by 2020, Vice-Premier
      Reuters  -  245 words
    • Article, Illustration
      Lock icon Tie-up talk heats up in HK mobile sector
      528 17 Reuters [HONG KONG] Despite years of talk that Hong Kong's fiercely contested cellular sector may consolidate, recent buyouts of two smaller players may finally upset the competitive balance enough to trigger a wave of deal-making. Six carriers slug it out in one
      Reuters; AP  -  528 words
    • Article
      Lock icon Top global banks looking at Chinese brokerages
      419 17 Reuters [SHANGHAI] The world's top investment banks are betting on the future of China's infamously volatile securities business, but the dysfunctional sector will demand patience from investors wanting a return on their money. Switzerland's ÜBS got the ball rolling when it unveiled plans
      Reuters  -  419 words
    • Article
      Lock icon Macquarie fund to invest US$600m in China
      173 17 [HONG KONG] Macquarie Global Property Advisors, a private equity real estate fund management firm investing in Asia and Europe, plans to invest US$6OO million in China over the next 12 months, focusing on Beijing and Shanghai, the Standard said quoting Dow Jones Newswires.
      173 words
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      601 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SUN INDUSTRIAL COATINGS PTE LTD (In Members' Voluntary Liquidation) Company Registration No.: *****0690G NOTICE IS HEREBY given pursuant to Section 308 (1) of the Companies Act, Cap. 50 that the Final Meeting of Members of the
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  • INDIA
    • Article
      Lock icon India and the coming nanotech boom
      562 18  -  It can leverage on good talent at low costs but needs to boost research By ASHOK KUMAR in Mumbai IT MIGHT surprise you to discover what is the fastest growing market in the world. It is neither the Internet nor biotech. Those stories are
      562 words
    • Article, Illustration
      Lock icon Minister in centre of political storm steps down
      273 18 AP. Reuters [NEW DELHI] India's foreign minister stood aside from his post yesterday amid a growing political storm after he was named in a United Nations report on the Iraq oil-for-food affair. However, he will stay in the Cabinet, the government said.
      AP.; Reuters; REUTERS  -  273 words
    • Article
      Lock icon Distressed firms attract foreign funds
      355 18 Economic Times IMUMBAI] Distressed foreign debt funds are increasingly looking to take advantage of opportunities in Indian companies that are struggling with debt while possessing some inherent strengths at the same time. Far from intending to invest in growing and profitmaking companies, these funds seek
      Economic Times  -  355 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      5427 18 UNIT TRUSTS FUNDS CitiBond S'pore A/S 1.281/ CrtiBond Spore By$ 1.332/ >B|i cc iint ic'iwai Citi Money SGD Class A 1.0322/ 0851/ 0,1 Money Sng Dollar Class B 1 0862/ to&> ?Si ,'ii 1 ijt/ CitiSelect Asa Tilt Balanced 145/ lis ggjsjssg-i is Stai Asia Bond 1 CitiSelect Asia Tift
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      43 18 AllianzGl Global Internet Fund Winner of the Sector TMT Global (3Year) Category* AUianz (jfi) and Best Equity Sector Information Technology Fund over 1 Year** Global investors Source. Standard Poor's 2005 Singapore Fund Awards The Fdge-Lipper Singapore Funds Awards 2004 company regn. no *****7169Z
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Japan FTA cheers Thai developers
      520 19 Land sales to expanding or new Japanese investors expected to surge Reuters [BANGKOK] A free trade agreement (FTA) between Japan and Thailand has brightened the outlook for Thai industrial developers as Japanese firms seek to build or expand operations in the country, analysts said yesterday.
      Reuters  -  520 words
    • Article, Illustration
      Lock icon CP Foods to shift focus to seafood
      450 19 [BANGKOK] Charoen Pokphand Foods, Thailand's largest chicken breeder and processor, plans to gradually shift its core business to seafood with demand for fresh chicken falling. It has evolved a five-year plan to cope with both tougher global competition and changes in consumer behaviour,
      FILE PHOTO  -  450 words
    • Article
      Lock icon Thai 3G licences seen auctioned by March '06
      298 19 Bloomberg [BANGKOK] Thailand's telecommunications regulator plans to begin auctioning the country's first so-called third-generation mobile phone licences as early as March to modernise the nation's wireless industry. The National Telecommunications Commission aims to award four licences to operate the high-speed services by
      Bloomberg  -  298 words
    • Article
      Lock icon Refco faces 10 class action suits
      429 19  -  By NEIL BEHRMANN in London AS many as 10 legal firms have registered class actions against the beleaguered broker Refco. The legal vultures are circling Refco and the investment banks, auditors and advisers that were associated with the company's listing late summer. The class
      429 words
    • WORLD WATCH
      • Article
        Lock icon DoCoMo takes stake in Tower Records Japan
        62 19 Bloomberg [TOKYO] Mobile phone operator NTT DoCoMo will invest 12.8 billion yen (S$ 184.3 million) for a stake in Tower Records Japan to help increase use of electronic payment services with its handsets. DoCoMo is buying about 42 per cent of Tower Records
        Bloomberg  -  62 words
      • Article
        Lock icon Guidant under SEC investigation
        73 19 Reuters INRW YORK! Guidant Corp yesterday said it was being investigated by the US Securities and Exchange Commission, and at the same time filed a lawsuit against Johnson Johnson to force J&J to complete its acquisition of Guidant. Guidant also reported that third-quarter earnings from continuing
        Reuters  -  73 words
      • Article
        Lock icon NYSE considers bidding for LSE
        87 19 AP INHW YORK) The New York Stock Exchange is considering entering the bidding war for the London Stock Exchange, according to The Observer. It reported on Sunday that NYSE chief executive John Thain has lined up a bid for the London exchange, which has been
        AP  -  87 words
      • Article
        Lock icon Alwaleed picks Time Warner, Citigroup
        95 19 Bloomberg [PARIS] Saudi Prince Alwaleed bin Talal, who has made billions of dollars by investing in underperforming, brand-name companies, says he's bullish on two of the biggest: Citigroup Inc and Time Warner Inc. Prince Alwaleed, 50, Citigroup's biggest shareholder, said the bank's shares may rise
        Bloomberg  -  95 words
    • Article
      Lock icon Buffett cuts Berkshire's bet against US dollar
      344 19 Bloomberg [NEW YORK] Warren Ruffett's Rerkshire Hathaway reduced a bet against the US dollar after losing more than US$9OO million from foreign-currency investments this year. Mr Ruffett, who has said the US trade deficit would weaken the US dollar, cut his foreign-currency forward
      Bloomberg  -  344 words
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      Lock icon DESTINATION DURBAN
      371 19 Round-the-Wortd Yacht Race. Leg 2, Race 3, Day 13 SEVERAL things are becoming apparent as the Clipper fleet continue to race towards the south-east First it is becoming colder. No surprise here, but certainly a change from a few weeks ago when staying cool was about the hardest
      371 words
    • Article
      Lock icon Microsoft takes battle to the Web against rivals
      294 19 AFP INKW YORK) Microsoft is making a fresh move to bring more services to the Internet in a bid to fend off challenges from rivals like Google and Yahoo that could chip away at the customer base of the world's biggest software
      AFP  -  294 words
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  • AVIATION
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      Lock icon Valuair dedicated to just S'pore-Indonesia routes
      580 20  -  It drops services to Hong Kong, China, Australia and Thailand By VEN SREENIVASAN [SINGAPORE] Valuair, which was taken over by Qantas-controlled Orange Star some months ago, has become a dedicated Singa-pore-Indonesia carrier. The airline recently dropped its much publicised services to the Chinese cities
      580 words
    • Article, Illustration
      Lock icon Ryanair Q2 profit up; cautious on winter
      457 20 Reuters [DUBLIN] Budget airline Ryanair's second-quarter net profit rose slightly more than expected yesterday despite high fuel prices capping growth but its shares fell as it struck a guarded note on the quiet winter season. "This winter we expect that there will be
      Reuters; BLOOMBERG  -  457 words
    • Article
      Lock icon AMR CEO sees still difficult US airline climate
      290 20 Reuters [NEW YORK] AMR Corp's chief executive has said that he still sees a difficult environment for US airlines despite a smattering of recent positive analyst reports. Bear Stearns Co had last week upgraded American Airlines' parent. Lehman Brothers also raised its
      Reuters  -  290 words
    • Article
      Lock icon Orient Thai seeks partner for HK airline to serve China
      135 20 Bloomberg [HONG KONG] Orient Thai Airlines Co, which operates Thailand's biggest discount carrier, is seeking a partner to start a Hong Kong-based airline to tap growing travel to China. Bangkok-based Orient Thai plans to apply to the Hong Kong government
      Bloomberg  -  135 words
    • Article, Illustration
      Lock icon Japan Airlines posts H1 loss as fuel costs increase
      417 20 Bloomberg. Reuters [TOKYO] Japan Airlines Corp, Asia's largest carrier by sales, posted a first-half loss, hurt by record jet fuel prices and a series of safety lapses. The net loss was 12 billion yen (Ssl74 million), or a loss of 6
      Bloomberg.; Reuters; AFP  -  417 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      1331 20 OTT HJfcMT IT* wan UP g71| M10 Adelaide SQ230 1745 '$45 pl|j |j85 as 2°30 Fr furt %|5 pH97|| |4|s dSlM"**® S 111 OF3866 0640 MMfea UjMl IU0 NUUW (JTT5 jaa ja? m T gggg Bandung MZ900 1140 1245 CA«? 0055 CAK6 0745 ji" "T!j 31
      1,331 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      191 20 CRYPTIC CROSSWORD 12 Queen and circling round another piece (4) 30 "Sunday Times" pundits? (5) DOWN she wrote (6,8) Across: 1 Mad Cow Disease, 10 1 Rattle on stupidly turning liberal 15 Ca, ried north in tidal ave < 5 >,, Opiates, 11 Whippet, 12 Teem, 13 (8) 16 Sailor
      191 words
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  • SHIPPING
    • Article, Illustration
      Lock icon SSA calls for end to terrorism, war risk label for Malacca Strait
      621 21  -  Data for Q3 show no new attacks on ships in Strait and M'sian waters By DONALD URQUHART [SINGAPORE] With no new pirate attacks recorded in the Malacca Strait during the third quarter of this year, the Singapore Shipping
      REUTERS  -  621 words
    • Article
      Lock icon Hutchison Ports said to be eyeing P&O
      605 21 Also keen: Dubai Ports World, AP Moeller, Temasek AFP. Bloomberg [SINGAPORE] There has been more speculation on prospective bidders for Britain's venerable P&O company, with the Hong Kong media being the latest reporting interest from Hutchison Ports, the largest port operator in the
      AFP.; Bloomberg  -  605 words
    • Article
      Lock icon CSC offers 453m yuan settlement
      137 21 Reuters [HONG KONG] China Shipping Development Co Ltd yesterday said that its controlling shareholder, China Shipping (Group) Co (CSC), was offering a compensation package worth 453.2 million yuan (5595.4 million) to domestic investors as part of a massive state share reform plan. CSC has proposed
      Reuters  -  137 words
    • Article
      Lock icon Gas-tanker demand growth will meet new ships planned: broker
      498 21 Bloomberg [OSLO] Rising demand for the biggest tankers hauling liquefied petroleum gas will be sufficient to absorb a 36 per cent increase in the fleet during the next four years, shipbroker Poten Partners said. Shipowers have ordered 38 very large gas
      Bloomberg  -  498 words
    • Article
      Lock icon TRANSPORT STOCKS
      306 21 SGX '000 wov y ss w- vd CH Offshore 0.38 -0.01 116 Chuan Hup A 79 unch 887 Cosco Corporation 2 36 -0.04 4470 CWT Distribution 0.81 -0.02 60 Ezra Hldgs 1.35 -0.03 178 Freight Links 0.06 -0.01 445 Grand Banks Yacht 0.93 unch 10 Java Holdings 1.30
      306 words
    • Article
      Lock icon US tanker giant OSG's Q3 profit increases 5.2%
      393 21 Bloomberg [NEW YORK] Overseas Shipholding Group, the largest US-based oil tanker owner, said third-quarter net income rose 5.2 per cent on higher revenue from a larger fleet. Net income rose to US$72.l million from US$6B.5 million a year earlier, the New York-based
      Bloomberg  -  393 words
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      1424 21 ELI T E Elite KSB Holdings Limited vJKk% (Incorporated in the Republic of Singapore on 8 February 2001) i# MmPSIMP Company Registration No. *****0824G HOLDINGS NOTICE OF 2005 EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Elite KSB Holdings Limited (the "Company") will be held
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  • EDITORIAL & OPINION
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      Lock icon Courts' role in corporate governance
      503 22 EDITORIAL DURING the early *****, the Malaysian stock exchange used to be touted as an example of an "exciting" bourse where frenetic speculation made for volatile price swings with numerous arbitrage opportunities. Many knew that market manipulators added froth to the stock exchange but that
      503 words
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      Lock icon Politically deflated Bush faces a resistant world
      1080 22  -  Washington is discovering it has to rely on diplomatic assistance from China and the EU LEON HADAR Washington Correspondent N CASH you haven't noticed, it's been awhile since a top US official has delivered one of those wordy sermons to China or Russia
      AP; AFP  -  1,080 words
    • Article, Illustration
      Lock icon Perfect central banker will still face a trial by fire
      816 22  -  THE BOTTOM LINE STEPHEN ROACH LAT-WP MOST Fed chairmen are blindsided early on in their tenure. Alan Greenspan faced a stockmarket crash two months after he took over in August 1987. Paul Volcker had to cope with a rout in
      LAT-WP  -  816 words
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      Lock icon China's Northeast renaissance
      1393 23  -  Largely off the radar screens of investors, Beijing's last bastion of planned economy could be its next engine of growth By TIAN TIAN Tf HE year 2005 marks the 15th anniversary of the establishment of Sino-Singapore diplomatic relations and recently, Prime Minister Lee Hsien Loong made his
      AP  -  1,393 words
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      Lock icon Beijing's clout is changing WTO
      875 23  -  By HOWARD WINN International Herald Tribune IN THE nearly four years since it joined the World Trade Organisation, China has become the world's dominant manufacturer of goods ranging from T-shirts to mobile phones. Its trade with the rest of the world more than doubled from
      International Herald Tribune; REUTERS  -  875 words
    • Article
      Lock icon Enough done to manage hazardous chemicals?
      440 23  -  LETTER TO THE EDITOR Lee Kok Ling,Brandon Singapore THE Singapore Civil Defence Force (SCDF) recently took over responsibility for the issue of petroleum and flammable storage and transportation licences because petroleum and flammable items pose a threat to life and property in the event
      440 words
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      103 23 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
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  • Article
    Lock icon SINGAPORE STOCKS
    10682 24 SGX MAINBOARD 52 Wk T«< Lift Vat Day Last Quote GrOtv Dtv GrYld Net MCap High Low Code Company Sal« ('OOP) High Low luyr S«*«r Cw P/t fcn* 7.5 2 5716 1st Software 5t 2.5 unch 30 2.5 2.5 2.5 3 10.1 23.5 6 3148 8TelecomUS2c 7.5 unch
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  • Article
    Lock icon FINANCE & COMMODITIES
    6765 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES la toed tarr to SS to UM dy *|f dy dy *yi «W»« index Owy Chang* 0»nq» Chanqe Ornijt Chang* World Iride* Preliminary 9269 0.1 87 -04 7.4 07 3 0 I EAFE Preliminary 9110 0.3 18.2 03 8.9 11 4.) Furope Preliminary
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      1463 26 1 NYK GROUP SOUTH ASIA PTE LTD V- VPITV AW MT TEL 6295 0123 XV A Aline C&Rg7 M 3 11 LINE Fax: 6292 2856 (Regional sales)/6239 7109 (OPS)/6299 5785 (Documentation) V NIPPON YUSEN KAISHA TOKYO SO»AXU KASHA. Lift (C/R N0'**********0E) //J '378 *****00G SENATOR LINES jjWfajl gAS.4 SINATOIK (5.1.A.)
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      536 26 IINTIBAHA RORO SERVICE vcsa/vor rampwt) hbghtw rue kch la sm jkt i STRAITS VEKTUtE 73/05 15 3.2 10/11 13/11 17/11 20/11 22/H STKAITS VENTURE 24/ OS 1$ 3.2 24/11 27/11 30/11 03/12 05/12 STKAITS VEWTUKE 2t/05 15 3.2 11/12 25/12 21/12 01/01 03/0) lAUSTRAUAN RORO SWVICI I vpsa/vor [ramppcd! hbghtwui
      536 words
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      1229 27 Www homburgsud.com ASH SERVICE SUNG 1 (IXPOKT) ASIA SERVICE SLING 2 (EXPORT) eta (ta V«^/Voyop SINGAPORE DUMAN SiPETIIA SAMTOS ITAJAI PARAMAGUA Vwwl/Vmw SINQAPORt MBtm KJMBI SANTOS StWTWA (onti Malaga 011 W 16/11 27/11 07/12 0»/12 10/12 11/12 Iwmhuo 042W 12/11 05/12 01/12 10/12 11/12 (op ftio SOSW 23/11 04/12 M/
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      1077 27 VESSEL VOY SIN Jig HUG KHH lIK KYH PUS VESSEL VOY SIF JKT SUB HKG DSN PUS HY VLADIVOSTOK UTS 10/11 12/11 17/11 11/11 21/11 23/1173/11 KMTC JAKARTA SISS 13/11 16/11 17/11 22/11 26/11 27/11 HYPtOGtESS 104S 17/11 19/11 24/11 26/11 28/11 30/1130/11 KMTCPUSAN SI3S 20/11 23/11 24/11 29/11 03/12
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      774 27 W WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VISSit VOY_ SIN PJUANG COLOMBO N. SHtVA COLOMBO HOT* PfIWIM YPWO73 07 NOV 08 NOV 11 NOV 14 NOV 17 NOV Wit* wmi imr ?sn6v JAlimilfili] OWBW 21 NOV 22 NOV 26 NOV 71 NOV 02
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  • THE BUSINESS TIMES SHIPPING TIMES
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      Lock icon THE BUSINESS TIMES SHIPPING GUIDE EXPORT
      6908 28 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Mam* Number Nmbar SIN Dest'n Name Nan* Number Number 09/12 27/12 TASMAN TASMAN PROVIDER ***** 7 *****288 TO ABIDJAN (ABJ) 2003 Cote D'lvoire 16/12 04/01 TASMAN TASMAN COMMANDER *****8
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      719 28 VESSEL VOY SIN PGM YISSII VOY SIM JKT PAC BANDA IS96H 08/U 08/11 PAC UNTAN 9324 12/11 15/11 PACBANDA 1597N 0»/11 10/11 PAC BALI 4192 11/11 17/11 CSF 2301 0197P 10/1J 11/11 PAC UNTAX 9325 19/11 22/11 PACBANDA 1598N 11/11 11/11 gg U "g PAC BANDA 1599N IMJ 12/11 ITS
      719 words
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      Lock icon Page 28 Advertisements Column 2
      404 28 E 'CARt ....WAN HAI LINES LTD, having the most intensive f. .4:§&. an d complete service network for ocean carnage, fa from Asia-Pacific to Mid-East, U.S West Coast, x'jf:! f Europe expanding continuously throughout every j. >4 J spot in the world; providing the most efficient 4 globalized service network
      404 words
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      Lock icon Page 28 Advertisements Column 3
      421 28 BSA jl MYANMA ■n FIVE STAR LINE (Myamnar National Line) Loading for Yangon VESSEL VOY SIN PKL PEN PGU PAGAN 348W SLD PAGAN 349W SLD IN MAUYSIA: lOUSTEAD SHIPPING AGENCIES KUL/PKL 03-*****388 PEN: 04-2633*1 S ACCEPTING CONVENTIONAL CBO VESSEL VOY HKG SIN PGU PKL KUC UON HEART 139 SLD SLD
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  • PROPERTY
    • Article
      Lock icon HK set to relaunch US$3b Link Reit next week
      434 30 Rising interest rates, weak market sentiment expected to dampen demand [HONG KONG] The Hong Kong government is set to relaunch the world's largest real estate investment trust next week, nearly a year after the US$3 billion deal was scuppered by a
      434 words
    • Article
      Lock icon Henderson Land tries again to take investment arm private
      269 30 Reuters [HONG KONG] Property developer Henderson Land Development Co Ltd yesterday rekindled its offer to take its investment holding arm Henderson Investment Ltd private in the group's third buyout bid in six months. Trading in shares of both companies was suspended
      Reuters  -  269 words
    • Article, Illustration
      Lock icon Cairnhill launches luxury HK service apartments in Singapore
      462 30  -  By ALEXANDRA HO THE former owner of Cairnhill Hotel is offering Singaporeans a chance to own service apartments in Hong Kong's Happy Valley district. Ascot Assets Hong Kong, part of Cairnhill Group Holdings, is spending around HK$,3O million (556.6 million) to redevelop
      THE TRILLIUM (HK)  -  462 words
    • Article
      Lock icon Robert Kuok unit to buy Hangzhou site
      161 30 Bloomberg [HONG KONG] Kerry Properties Ltd, a Hong Kong-based developer controlled by the family of Malaysian tycoon Robert Kuok, will buy a building site in China's eastern city of Hangzhou for 2.51 billion yuan (*****.6 million). The company plans to build a hotel,
      Bloomberg  -  161 words
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      Lock icon GIC RE buys Tokyo property
      295 31  -  Fourth service apartment extends Japan portfolio to 218 units By ALEXANDRA HO GIC Real Estate, the real estate investment arm of the Government of Singapore Investment Corporation, has bought its fourth service apartment property in Japan. The addition of the 69unit Oakwood Apartments Roppongi Central,
      PHOTOS: OAKWOOD  -  295 words
    • Article
      Lock icon DTZ, Tullett Prebon in European tie-up
      132 31 Bloomberg [LONDON] DTZ Holdings Pic, a Rritish real estate company that provides investment and consulting services, and broker Tullett Prebon have formed a partnership to market and trade property derivatives in the UK and European markets. London-based DTZ will market the products and Tullett
      Bloomberg  -  132 words
    • Article
      Lock icon UK mulls law that curbs rising council taxes
      271 31 Bloomberg [LONDON] The UK House of Commons yesterday considered legislation that frees the government to put off a revaluation of homes, defusing concern about rising local taxes. The so-called council tax, imposed by local authorities, has risen at more than double the
      Bloomberg  -  271 words
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      Lock icon Board gives reasons for One Tree Lodge ruling
      504 32 Parties against the property's en bloc sale lodge High Court appeal [SINGAPORE] If interest expenses or holding costs were allowed as deductibles in determining financial loss in collective sales, "it would not be unreasonable to foresee that virtually no en bloc sale
      FILE PHOTO  -  504 words
  • Page 30 Advertisements
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      374 30 Property Brokers, in association with one of Australia's Premier Property Investment finance will show you how you can take the aspect of property investing out of the equation! Pf»cow>r. ■■■■AMI -Whe re The looking at investing, and why. nf imtliiuutnmiU CALL 6866 3672 with your name, number and email address
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      Lock icon Page 30 Advertisements Column 2
      76 30 f Jones Lang a \\P LaSalle* j» 3 adjoining units of 4-storey shophouses Site Area 8,182 sq ft (approx) fl| Gross Floor Area 24,300 sq ft (approx) fpLP®-"-' Tenure: 999 years leasehold Hp Ml IH •In financial hub of CBD, close to Tanjong Pagar, (tfgf flllj lIIU H Raffles Place,
      76 words
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      Lock icon Page 30 Advertisements Column 3
      49 30 r*™ remold m RESHmiALSFTE NKATONG 1 1 85 Lim Ah Woo fa^uwi nwn Estate in fee simple as I Sch Q«*iun» o Near amenities good schools """-i Ta Katong O |Girl«' Sch For more information, please contact: S Ms Juliet Wee h High Sch" 9 JuhetWeeGW@lifeisgfeatcom.sg _o TEL:*****170 *****455
      49 words
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      382 31 r SET f For Sale By Tender \i NOVENA CHURCH REVENUE lO Site Area 45,512 sq ft (approx) newtoT* GPR 2.8, up to 36 storeys Unblocked view oolpm* qq^hiu. Near amenities and reputable schools nAZA CEMTRE t 0 Conveniently located with easy access to Orchard Shopping Belt and CBD Tender
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      Lock icon Page 31 Advertisements Column 2
      340 31 Prime Development Site At District 11 For Sale By Tender <0< land Area 35,392 sq ft yssr tS» Freehold L—. Plot ratio 2.8 99m AMSL yXV Short walking distance to Novena MRT, United Square and Novena Square fBR Tel: 6224 8181 6 Battery Road #32-01 Singapore *****9 cb richard ellis
      340 words
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      204 32 FOR SALE X' Vc BY TENDER V.;. V '1! A. Z** i > v* «-"</> <& v- <. *,*s,* '-ir if. vpVif•*•''"'.' J* :-v^'' *'v|S£l*»lv 9 rai 0.5 square wah of Prime Freehold Land i'jN V <* Fronting Ploenchit Road Bangkok it f «S Submission Date December 15, 2005 For
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