The Business Times, 7 November 2006
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2006-11-07
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The Business Times
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Title Section22 2006-11-07 1 THE BUSINESS TIMES |^v online at http://business-times.asia 1 .com.sg JH A SINGAPORE PRESS HOLDINGS PUBUCATION MICA (P) 099/03/2006 Tuesday, November 7,2006 cents22 words
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Article, Illustration34 2006-11-07 1 Mr Riady: Says the board had short-listed at least two new directors two weeks ago Prof Cham: Resigned yesterday, along with Winston Tan. Their departure followed Chew Gek Khim's resignation last week34 words
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494 2006-11-07 1 ARTHUR SIM - He says changes to the board were afoot in September By ARTHUR SIM [SINGAPORE] Stephen Riady, deputy chairman of Lippo Group, which acquired a 29.9 per cent stake in Robinson in April, has rebutted claims about the way certain directors were opposed. He said494 words
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Article134 2006-11-07 1 STI 2,729.13 (+6.82) ST INDEX FUTURES 2,728.00 (+6.00) SIMSCI 330.44 (+1.47) SIMSCI FUTURES 330.90 (+0.90) MARKETS Monday Change KLCOMP ***** -4.72 NIKKEI 215 16,364.76 +14.74 HANG SENG 18.936.55 +186,86 SET INDEX 734.90 +2.60 JAKARTA COMP 1.640.85 +27.93 MANILA COMP 2.763.89 -2.97 SEOUL COMP 1,379.19 -4.69 SHENZHEN B 347.43134 words
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1059 2006-11-07 1 MICHELLE QUAH - IRAS still reviewing public feedback on issue By MICHELLE QUAH [SINGAPORE] Companies could soon have to pay for official help on how the Goods Services Tax (GST) applies to them, with the government looking to implement a formal, legally binding advance1,059 words
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Advertisement37 2006-11-07 1 SHARE-RIGGING CHARGES 12 months, $250K fine for ex-MDofUongHin p*Gt2 INVESTING i r In BTs 14-page Investing supplement tomorrow Gold: Still in play? Finding en bloc plays t Retire early? Here's how Headwinds for Asian stocks 8 ill37 words
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Advertisement184 2006-11-07 1 BIG PAYOUT I T" vulCain MANUFACTURE DEPUIS 1858 i "Vulcain Cricket, the world s riRST MECHANICAL ALARM-WATCH. Since 1947" c:; -V i, v*'"" Ik Golden Voice J| A NEW DISTINCTIVE SOUND r *'^^^^^PS^^fPf f 1 M'WW^PPi-J--f IT RINGS ALWAYS AT THE RIGHT TIME IN THE RIGHT PLACE Golden Voice W^jj184 words
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Advertisement12 2006-11-07 1 PROPERTY HK prime office rents inch closer to 1997 highs PAGE 3412 words
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TOP STORIES
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Article, Illustration374 2006-11-07 2 CONRAD TAN - His brother and ex-chairman gets 6 months jail; both appealing sentence By CONRAD TAN [SINGAPORE] Former Leong Hin Holdings MD Bernard Chan Chwee Leong has been sentenced to 12 months in jail and fined $250,000 on charges related to rigging of374 words
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633 2006-11-07 2 MICHELLE QUAH - ADDENDUM TO PRESIDENT'S SPEECH: FINANCE MINISTRY By MICHELLE QUAH [SINGAPORE] Reacting to the need to compete effectively on the global front, Singapore's Finance Ministry (MOF) will soon provide companies with greater tax certainty on local and international transactions, through advance tax rulings and633 words
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Article568 2006-11-07 2 Wall St giants to dish out USs36b in bonuses GOLDMAN Sachs, Morgan Stanley, Merrill Lynch, Lehman Brothers and Bear Stearns are about to reward their 173,000 employees with US$36 billion in bonuses. That's a 30 per cent increase from last year's record, and it doesn't include the billions568 words
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481 2006-11-07 2 Reuters Bloomberg AFP [TOKYO] In the latest step towards realignment among the world's top stock exchanges, the stock exchanges of Tokyo and London yesterday said that they are talking about an alliance. The announcement, which was first made by the Tokyo StockReuters; Bloomberg; AFP - 481 words
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Article144 2006-11-07 2 IN the commentary, "Gem of an initial offering" (BT, Nov 6), we wrongly said that Gems TV was selling for less than two times its historical earnings per share of 55.3 cents for FY2006. At the offer price of $1.08, the correct figure is 24.4 times, given144 words
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Article, Illustration1245 2006-11-07 4 173,000 staff to get payout from firms' estimated US$128b combined revenue Bloomberg [NEW YORK] Never in the history of Wall Street have so many earned so much in so little time. Goldman Sachs Group Inc, Morgan Stanley, Merrill Lynch Co, Lehman BrothersBloomberg; AFP - 1,245 words
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Advertisement19 2006-11-07 2 mm a fl R JM y M ww I 4*" jSjg" s WBmj Wv lIIP sbmbhsl ■I'" 'gly ■Bp19 words
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Advertisement85 2006-11-07 3 What do you call private bankers with a strong track record in asset management? Private Banking Family Office 1 I I Global Custody I *1 Asset Management 1 I I I Investment Funds V V" f y. .'i'-r.r **v-* ..**?.> 1 -t •V. >i» V. r -> ■;I~> SB **m85 words
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Advertisement298 2006-11-07 4 TRADE MARKS» I U VQ IP BUSINESS? OUTREACH PROGRAMME 'ff#DATE 16th November 2006 C TIME 9am 3pm £|j Jfr VENUE Singapore Management University Administration Building Level 5 Conference Hall 81 Victoria Street t FEE Ss3o/Pax V your products and services from that of other businesses.lt is essentially a sign that298 words
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Advertisement606 2006-11-07 4 JS^Pzone JEBEL ALI FREE ZONE (JAFZA) NOTICE OF INVITATION FOR EXPRESSION OF INTEREST (EOI) AND PREQUALIFICATION (PQ) FOR PROCUREMENT OF JEBEL ALI FREE ZONE CONSTRUCTION CONTRACT No. P457 FZ Jebel Ali Free Zone (Jafza), a subsidiary of the UAE's Economic Zones World and Dubai World, the state owned holding company,606 words
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COMPANY NEWS
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Article, Illustration650 2006-11-07 5 CONRAD RAJ - Growth in utilities, marine engineering undergirds profit from operations By CONRAD RAJ SEMBCORP Industries registered a 14.3 per cent rise in net profit to $75.58 million for its third quarter ended September. The earnings attributable to shareholders compare with the previous correspondingFILE PHOTO - 650 words
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615 2006-11-07 5 RONNIE LIM - By RONNIE LIM SEMBCORP Industries is clearly keen to build on its foray into the power and water sectors of Abu Dhabi. It has just thrown its hat into the ring to pre-qualify to build the latest Fujairah II independent water and615 words
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Article512 2006-11-07 7 ANGELA TAN - Company aims to raise $3.57m in net proceeds By ANGELA TAN TROUBLED textile company Ban Joo Company Limited yesterday said it has agreed to place 145 million new shares at 2.5 cents to two individuals to raise $3.57 million in net proceeds to512 words
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547 2006-11-07 7 CONRAD RAJ - HOCK LOCK SIEW By CONRAD RAJ FOR anyone looking at a yield play and wanting a better return than money in the bank, few stocks can beat SP AusNet, the Australian subsidiary of Singapore Power. The owner and operator of electricity and gas547 words
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Article, Illustration480 2006-11-07 9 CONRAD TAN - Acquisition to be paid with 138m new shares at 42.2 cents each By CONRAD TAN ELECTRONIC waste management and recycling group Enviro-Hub has agreed to absorb completely a precious metals recovery subsidiary for $58.1 million in new shares. Enviro-Hub said yesterday that itFILE PHOTO - 480 words
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393 2006-11-07 9 MATTHEW PHAN - By MATTHEW PHAN HELPED by gains from the sale and lease-back of two warehouse properties, logistics group CWT Ltd recorded a more than sixfold jump in third-quarter net profit to $14.41 million. The earnings attributable to equity-holders compare with $2.22393 words
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Article364 2006-11-07 9 PROPERTY-LINKED food and beverage group Yeo Hiap Seng (YHS) saw revenue rise 46.4 per cent to $137.46 million for the third quarter of 2006, as net profit rose 20.6 per cent to $4.27 million. Restated figures arising from changes to accounting standards show that for364 words
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303 2006-11-07 9 VEN SREENIVASAN - By VEN SREENIVASAN THE stock of low-profile property player Hong Fok Corporation has surged more than 23 per cent in the past week, fuelled by speculation the company could be sitting on a huge unrealised revaluation surplus. The counter closed at a303 words
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COMPANY BRIEFS
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109 2006-11-07 9 PACIFIC Century Regional Developments has appointed Genesis Capital as the independent financial adviser to advise the independent directors of the company on the controversial sale of its shares in Hong Kong telco PCCW. The Singapore Exchange had earlier required the company to appoint an109 words
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74 2006-11-07 9 VITA Holdings said its 51 per cent subsidiary, J L Chancellor Pte Ltd (JLC), has secured a coal offtake contract with PT Sanga Coal Indonesia (SCI), a unit of Noble Group's Noble Energy. Noble Energy will guarantee the full and punctual performance74 words
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48 2006-11-07 9 SEKSUN Corp said yesterday net profits for 3Q06 more than doubled to $5.2 million as revenues grew 8.5 per cent to $57.64 million. The group expects shipments of its HDD-related components to remain strong for the rest of FY2006 and beyond.48 words
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94 2006-11-07 9 LANDWIND Medical Holdings issued a profit warning yesterday, saying that "net profit after tax for 3Q FY2006 is expected to be below that achieved in the year ago period" due to several factors. These include a change in sales mix for its Philips colour ultrasound94 words
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83 2006-11-07 9 FORTUNE Real Estate Investment Trust said revenue for the quarter ended September rose 4.2 per cent to HK5122.95 million (5524.8 million), while net property income rose 3.8 per cent to HK5106.98 million. The income available for distribution increased slightly by 0.9 per cent to83 words
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43 2006-11-07 9 SING Holdings is paying two interim special dividends a dividend of 4.5 cents per share less tax at 20 per cent to pass on its tax credits and a one-tier tax-exempt dividend of 3.5 cents per ordinary share.43 words
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Article74 2006-11-07 9 Mapletree Logistics Trust (MLT) has signed a letter of offer to acquire a warehouse-cum-office property in Johor, Malaysia for RM25.5 million (Ssl 1 million). The acquisition is accretive to MLT's distribution per unit and, for illustrative purposes based on FY2005, would add 0.019 cents per unit. The74 words
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426 2006-11-07 9 WEE LI-EN - By WEE LI-EN OCBC is well placed to "play catch up" vis-a-vis its more widely favoured peers, according to a Merrill Lynch report released yesterday. While OCBC may be regarded as a "yesterday's story" in share buybacks and aggressive non-core asset sales, it426 words
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Advertisement534 2006-11-07 6 ma«a Globally admired iggS^ t 9l .'%J| v 111 *?s K9I MMR Ky| I 3 1 i^nj -Jfiflffe?'''s§i®Ptllipl II ffi' v^k^4»TwßBß^BßßPH^^^^BM|B^B^B^B^B|^^HßE|^yy£CvS^S^.i j fiH[ sIIIIBMI 9HH'^" i I 1 hn n SSL jl 9»% 1 #/ll i* nlHk^fli'i -1 ISBHES RC 1!a fi K jgjp* l "i v 9%* *:yH| 9WHJW534 words
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Advertisement94 2006-11-07 7 Our qualified professionals can assist you with offshore iutijuirr structures, shelf companies and incorporations in ALL jurisdictions including: I British Virgin Islands Cayman Islands Bahamas Mauritius Hongkong ~1.1 Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection estate94 words
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Advertisement556 2006-11-07 7 INITIAL PUBLIC OFFERING 1 TV™ integrated Manufacturer andTeJewton Home Shopping Retailer of Colored Gemstone Jewelry Gems TV Holdings Limited (Incorporated vrth Imbed fabfey in the MM on April 23,2001) 285,767,000 Offering Shares (subject to the Over-allotment Option) Offering Price: S$ 1.08 per Offering Share TV an and television home shopping556 words
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SINGAPORE MARKETS
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Article, Illustration541 2006-11-07 8 R SIVANITHY - STOCKS External happenings and broker research reports are key drivers on the local market R SIVANITHY Senior Correspondent BROKING recommendations, newsflows and to a large extent, external events, were the primary drivers of .trading on the local stock market yesterday in a largely mixed session that sawSource: Bloomberg - 541 words
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Article, Illustration1000 2006-11-07 8 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Nov 6 and earlier) Subsantial No of Price SHAREHOLDING Tram Shareholder/ Buy/ Shares Per Before After Stock Date Director Soft '000 Shr ('000) COOP) Advance Modules 3-Nov-06 Tiedemann Global Emerging Buy 2963 na ***** 11.30 ***** 13.06 Asiatravel.com 3-Nov-06 Avenue Inv1,000 words
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Article514 2006-11-07 8 UMA SHANKARI - Compiled by UMA SHANKARI Cosco Corp Singapore Nov 6 dose: $1.99 MERRILL LYNCH. Nov 6 WE ARE reinstating coverage on Cosco Corporation with a "buy" recommendation and a 12-month price objective of $2.34 based on DCF valuation. A strong mafro outlook coupled with excellent execution will propel earnings514 words
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Article, Illustration177 2006-11-07 8 YEO KEE YAN - CHART POINT By YEO KEE YAN chartist at Kelive Research LAST week's pullback of the Straits Times Index from 2,754 was arrested at 2,683, which kept it above the 15-day short-term moving average support. The short-term rising trend, denoted by the trend lineSource: NextVIEW - 177 words
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Article, Illustration538 2006-11-07 8 LARRY WEE - CURRENCIES LARRY WEE Senior Correspondent THE US dollar made a solid comeback in Asia yesterday, thanks to Friday's much stronger than expected October US jobs figures, but this may not last if the opposition Democrats recapture con- trol in mid-term US Congressional electionsSource: Reuters - 538 words
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Advertisement99 2006-11-07 9 fsmoii Prime k Serviced f Office Space for the 1-10 man business Fully serviced office with no capital investment Your receptionist answers calls in your company name and transfers to your office, mobile or voicemail Long or short term leases available Run your office for less than the cost of99 words
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COMPANIES: CHINA STOCKS
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348 2006-11-07 10 WONG WEI KONG - Move comes as the company revamps its operations in China By WONG WEI KONG APPLE juice maker New Lakeside Holdings is restructuring its operations in China to dispose of two loss-making subsidiaries. In a statement yester- day, New Lakeside said it348 words
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294 2006-11-07 10 WONG WEI KONG - By WONG WEI KONG EXPLOSIVES maker Fabchem China has reported a moderate rise in first-half earnings, with a fall in margins taking away some shine from strong revenue growth. Fabchem announced yesterday that net profit for the six months ended September 2006294 words
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354 2006-11-07 10 JEAN CHUA - By JEAN CHUA CHINA Milk Products said net profit for its second quarter rose 69 per cent from the year-ago period, as it sold more pedigree bull semen. For the three months ended Sept 30, net profit attributable to equity-holders came354 words
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COMPANY BRIEFS
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38 2006-11-07 10 CHINA Precision Technology said net profit increased 30.8 per cent to 25 million yuan (Sss million) in third-quarter 2006 from a year ago. Revenue rose 34.2 per cent to 162.1 million yuan.38 words
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36 2006-11-07 10 CHINA Essence Group said revenue rose 22 per cent to 112.6 yuan million in the third quarter of 2006. Net profit, however, fell 5 per cent to 27.6 million yuan.36 words
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45 2006-11-07 10 BOOSTED by strong demand for the group's high-margin health syrup soy oligosaccharide syrup Pine Agritech's Q3 2006 net profit surged 157 per cent to 155.9 million yuan (5531.2 million). Revenue jumped 134 per cent to 475.8 million yuan.45 words
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Article5111 2006-11-07 10 UNIT TRUSTS FUNDS ABAmr Income AT USO 8,63/ ABAmr Income BT USD 8.67/ AB Amer Income A USO 8.6V AIM Amro Ant Mgt (Spare) as Amer Income 8 USD 8.6V Star Ei*ope Eqtyl 0.9991 AB Amer Income A EUR Star Ei*ope Bond 1.18* A8 Am home 8 EUR 18/ StarEaopeBal'-.5,111 words
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Advertisement33 2006-11-07 10 L- ■<- AllianzGI RCM Global Twin-Focus Fund a fund that offers you twin benefits AlliatlZ (ill) of potential quarterly payouts and limits possible downside. Visit OCBC and other G|oba( appointed distributors for more details33 words
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Advertisement422 2006-11-07 11 SINCERE THE WATCH SPECIALIST V ?:> > >/ x V £E€L VV' m AUTO aaiic rL v t I CHKON .Ml It H It fa c 'S^^' 1 a 4 3 Iri zT~ 20 lO g X/ 6 s c v\ /Mt&? w -T v ;> y£ I )< {11,422 words
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SINGAPORE NEWS
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Article, Illustration474 2006-11-07 12 SURESH MENON - Singapore says it has also welcomed Indon effort to tackle the issue By SURESH MENON SINGAPORE has conveyed to Indonesia that neither Indonesia nor Asean can solve the underlying problems causing the haze without international support— saying that this was the reason why the matter hadFIE PHOTO - 474 words
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289 2006-11-07 12 KALPANA RASHIWALA - By KALPANA RASHIWALA OWNERS of the freehold Bellerive at Keng Chin Road in the Bukit Timah area are teaming up to sell their homes. Their asking price of about $40 million works out to a unit kind price of about $750 per289 words
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Article, Illustration276 2006-11-07 12 JAPANESE investment bank Mizuho Securities has appointed two Singaporeans one of whom is former civil servant and director of UOB Group and Singapore Press Holdings. Ngiam Tong Dow as advisers to its business in Asia, centring on Singapore. Mr Ngiam is a former PermanentFILE PHOTO - 276 words
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477 2006-11-07 13 OH BOON PING - By OH BOON PING IF YOU want to promote a brand, make sure the message is clear and simple, yesterday's Global Brand Forum was told. The overall theme of the forum was that brand strategy is about customer perception, and creating a point of477 words
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176 2006-11-07 13 AFP [KUALA LUMPUR] Malaysian property and utility firm YTL Corp will soon submit to the government an RMB billion (553.4 billion) high speed rail link plan with Singapore, Transport Minister Chan Kong Choy said yesterday. He also said government investment arm Khazanah Nasional isAFP - 176 words
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SINGAPORE ROUNDUP
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64 2006-11-07 13 SINGAPORE and Belgium have signed an agreement for the avoidance of double taxation and prevention of fiscal evasion with regard to taxes on income. The Inland Revenue Authority of Singapore said the new agreement, which will replace a pact signed in 1972, takes into64 words
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87 2006-11-07 13 TWO business delegations will be in the Middle East this week to explore opportunities deriving from the booming oil and gas industry in Qatar and Saudi Arabia. Led by International Enterprise (IE) Singapore, a team of 11 Singapore-based companies is currently87 words
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62 2006-11-07 13 THE Infocomm Development Authority of Singapore (IDA) yesterday issued a call for organisations to bid for the centralised database administrator role as part of the country's move towards True Number Portability for the p"hone system from the fourth quarter of 2007. The IDA's request62 words
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68 2006-11-07 13 THE Singapore office of WorleyParsons (WP), an Australian engineering services firm, was conferred the International Headquarters Award by the Economic Development Board (EDB) yesterday. WP's undersea pipeline unit and Advanced Energy Services unit are based here. The Singapore office, which employs more than 60068 words
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Article, Illustration379 2006-11-07 13 DANIEL BUENAS - ADDENDUM TO PRESIDENTS SPEECH: TRADE MINISTRY Lim Hng Kiang vows world-class business environment By DANIEL BUENAS SINGAPORE will press on with its efforts to cut red tape and keep the regulatory burden for businesses small, while providing a world-class business environment to nurture a thrivingFILE PHOTO - 379 words
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Advertisement113 2006-11-07 12 I I #|l Some of our esteemed Cfients Jt W A U 4 Singapore Airline Terminal Services *Ca M&m w W M United Overseas Bank Group (U&S) Q pi W A Channel News Asia n a W K W A Date: Nov 23-24,9am-spm I Housing Development r c JHHf r-113 words
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Advertisement94 2006-11-07 13 'wK^mW^^m^ikk\ ~&£^mWJcZz'*lS&<^jj^fmrnm^Hm There's a place where the global economy and your economy merge: it's in a relationship with ÜBS. There, the wisdom of 70,000 people is brought to bear on your goals and aspirations. There, award-winning research informs your investment decisions. It's a place where the most important events in94 words
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SME spotlight
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Article, Illustration1419 2006-11-07 14 The three Ernst Young Entrepreneur of the Year finalists in the lifestyle consumer services category share with WEE LI-EN their challenges in starting their businesses and growing them, and how these have changed over the years LIKE his clubs known for their flamboyant installations such asARTHUR LEE - 1,419 words
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234 2006-11-07 14 MATTHEW PHAN - By MATTHEW PHAN LEXISNEXIS has launched a service for SMEs to give them better cost-efficient access to business and legal information. LexisNexis Business Tracking Solutions delivers a weekly email message to users, summarising the news from over 1,500 regional and global journals based on234 words
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Article, Illustration1062 2006-11-07 15 NANDE KHIN - SMALL CAPS Company says capacity expansion plans announced recently will see it through in medium term, reports NANDE KHIN NANDE KHIN CHINA-BASED Jiutian Chemical Group reckons its hands will be full meeting domestic demand in China for dimethylformamide (DMF) in the medium term. But still,LIANHE ZAOBAO - 1,062 words
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325 2006-11-07 15 TEH HOOI LING - By TEH HOOI LING IN line with the firm market, our small cap portfolio advanced 1.5 per cent in the week to yesterday. The biggest gainer was First Engineering, which jumped 11 per cent. The plastic component maker reported a 15 per cent325 words
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Advertisement7 2006-11-07 14 WHIZF^NE The next generation of communications VoP7 words
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Advertisement106 2006-11-07 14 FACTORY FOR SALE Address Fan Yoong vicinity Description A JTC Type C 3 factory with 3 blocks of detached buildings Tenure JTC 60 yrs from 16 October 1967 Land area approx. 98,000 sa ft GFA approx. 61,00Q sa ft Master F>lan Zoning: Business 2 wtth a plot ratio of 2:5106 words
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Advertisement8 2006-11-07 15 pocket h* mobile phone. lUport successfully filed 20:498 words
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ECONOMY WATCH
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Article, Illustration472 2006-11-07 16 Official warns rapid rise would affect low wage jobs; says US$ is overvalued Reuters Bloomberg [BEIJING] The yuan could appreciate on average by 5 per cent a year in coming years, but a more dramatic rise would be catastrophic for Chinese growth andReuters; Bloomberg; AP - 472 words
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162 2006-11-07 16 Reuters [SEOUL] South Korean President Roh Moo-hyun said yesterday the government would make every effort tor create policies to stabilise the real estate market as housing prices rise. Mr Roh also told parliament that a sharp rise in home-backed loans would notReuters - 162 words
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295 2006-11-07 16 Hispanic real estate agents project boom if alternative credit scores are adopted AP [FRESNO, California] The slumping US housing market could get a US$2OO billion boost from new immigrant home buyers if mainstream lenders start using alternative methods to score credit, a nationalAP - 295 words
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459 2006-11-07 16 SIDDHARTH SRIVASTAVA - Repo rate hike a signal to banks to rein in lending By SIDDHARTH SRIVASTAVA in New Delhi TAKING a different view from the federal Reserve Bank of India (RBI), Finance Minister P Chidambaram has said that there is no fear of the Indian economy overheating.459 words
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MALAYSIA/INDONESIA
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Article, Illustration491 2006-11-07 17 S JAYASANKARAN - Company chairman disposed of 11% in Tune Air, AirAsia's largest shareholder By S JAYASANKARAN in Kuala Lumpur SHARES, in South-east Asia's largest budget carrier, Air Asia, fell 3 per cent to RM1.44 on news that a major shareholder had soldAP - 491 words
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BRIEFLY ASIA
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58 2006-11-07 17 Bloomberg [JAKARTA] Indonesia's corruption perception index improved in 2006 compared with the previous year in a survey compiled by Berlin-based Transparency International, which campaigns against graft. It ranked 130 th of 163 countries, putting it in the same category as Papua New Guinea and Zimbabwe,Bloomberg - 58 words
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53 2006-11-07 17 [HONG KONG] Regulators in Beijing have rejected a restructuring plan submitted by Agricultural Bank of China, the most troubled of the country's four largest banks and the last to try to sell shares in an initial public offering, the South China Morning Post reports,53 words
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81 2006-11-07 17 Reuters [BEIJING] China yesterday announced new regulations which are aimed at boosting turnover in the bond market and to make it easier for traders to sell bonds that they do not own. Banks would be allowed to lend and borrow bonds inReuters - 81 words
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327 2006-11-07 17 Supreme Court upholds Asia Pulp Paper ruling Bloomberg [JAKARTA] Indonesia's Supreme Court has upheld a lower court's decision to'ta-' validate US$5OO million of bonds sold by a unit of Asia Pulp Paper, South-east Asia's biggest defaulter, in a potential setback to sellers of corporate debt. US hedge funds Gramercy AdvisorsBloomberg - 327 words
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273 2006-11-07 17 AFP [KUALA LUMPUR] A Malaysian court yesterday dropped a sodomy charge against the adopted brother of former deputy prime minister Anwar Ibrahim, a defence lawyer said. "It is a pleasant surprise. It is clear the sodomy act never took place. My client Sukma Darmawan isAFP - 273 words
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Advertisement656 2006-11-07 17 Sponsored feature "'V Jl .:W/- BANK JULIUS BAER counseling, tailor-made investment Bank Julius Baer, as the key company of supported by a We endeavor to display service excellence solutions, as well as excellent service the Group, has a stropg long-term debt team of higtvcaiber, veteran professionals that surpasses the boldest656 words
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GREATER CHINA
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Article, Illustration330 2006-11-07 18 Reuters [TAIPEI] Taiwan President Chen Shui-bian's opponents accused him yesterday of trying to buy time with his denial of corruption allegations, while opposition lawmakers made plans for another parliamentary motion to oust him. Prosecutors pitched the president into the biggest political crisis of hisReuters; REUTERS - 330 words
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450 2006-11-07 18 New rules give companies more room to hedge currency risks Bloomberg [BEIJING] China's government eased curbs on trading of yuan forwards and swaps in domestic markets, giving companies greater scope to hedge currency risks as regulators clamp down on offshore trading. TheBloomberg - 450 words
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606 2006-11-07 18 FDI and booming exports among key factors behind reserves' current level AFP [BEIJING] China's foreign exchange reserves have probably already hit a record-shattering US$l trillion, and they could top US$2 trillion sooner rather than later, economists said. Even if ChineseAFP - 606 words
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284 2006-11-07 18 AFP [SHANGHAI] Swiss pharmaceutical giant Novartis yesterday said it planned a US$lOO million research centre in Shanghai. "This research and development centre is a milestone not just for Novartis* commitment to state-of-the-art biomedical and pharmaceutical research and development in China," Novartis chief executive DanielAFP - 284 words
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INDIA
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208 2006-11-07 20 AP [BEIJING] China is considering holding talks with India on creating a free-trade area, said an official quoted yesterday by a state news agency, ahead of a visit by President Hu Jii\tao to New Delhi this month. Trade between the Asian giants hasAP - 208 words
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440 2006-11-07 20 Change due to new RBI rule for non-banking finance companies [MUMBAI] Chennai-based Cholamandalam DBS Finance has decided to convert into a non-deposit-tak-ing non-banking finance company (NBFC) to ensure that DBS Bank, which has a 37.48 per cent stake in it, does not have440 words
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Article, Illustration435 2006-11-07 20 PRIYANKA BHARDWAJ - By PRIYANKA BHARDWAJ in New Delhi INDIA'S information technology trade body, the National Association of Software Services and Companies (Nasscom), has announced the national roll-out of its assessment and certification programme to keep tabs on the quality of manpower as well asBLOOMBERG FILE PHOTO - 435 words
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192 2006-11-07 20 Bloomberg AP [AMSTERDAM] Arcelor Mittal, the steelmaker being formed by the US$3B.3 billion combination of Mittal Steel Co and Arcelor SA, said chief executive officer Roland Junck resigned to be replaced by billionaire Lakshmi Mittal. Arcelor Mittal was "not best served" by theBloomberg; AP - 192 words
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Article2175 2006-11-07 20 VOL Gamuda 432 unch 3301 ■Hi DM W- CHO) General Corp..- .0.71 -0.02 37S Gantmg 25.50 -1.00 659 AAMReaity 137 unch 2 George Kent 0.56 -0.01 110 Mgric 034 -OJOI GHL System 331 -0.01 4474 ACPMuMriat 132 005 1866 GlobetrorvaTech j031 unch 1«07 Advance Synergy OH unch 2822,175 words
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Page 20 Advertisements
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Advertisement105 2006-11-07 20 cJ*. yo-iArr evrei* a,*> k t,*v crtvStS crj- octKa,j-avt jpvtvra,c,^ fvoL t(\.e oe,rte<,l*>ty {AJJIQ, {crJ(A.st |P^a.^vkvec(, wnniHr jjjfcL* iSyfc 1 ~fc j (AUt \jjJWL Ye^t^&h/^^y&y? Four Seasons Hotel Rates start at BED BREAKFAST PACKAGE: While STAYING IN THE USST/ID* Superior Room, enjoy breakfast for two at Seasons Caf£. I Contact105 words
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Page 21 Advertisements
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Advertisement286 2006-11-07 21 Looks like another typical day in your IT department. It's time you tamed your IT system. Is your IT servers provide the most efficient server staff spending long hours dealing with rather solutions for your business. > daunting tasks? Whatever happened to the notion that technology is supposed to make286 words
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MIDDLE-EAST
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Article, Illustration558 2006-11-07 22 CLARENCE MICHAEL - By CLARENCE MICHAEL in Dubai WORLD oil demand is expected to grow by 1.3 million barrels a day (bpd) next year, marking a 1.5 per cent increase on the current year, according the United Arab Emirates (UAE) energy minister.AFP - 558 words
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247 2006-11-07 22 Bloomberg [DUBAI] Dubai International Capital LLC, a private equity company owned by the Persian Gulf emirate's government, borrowed US$4OO million from 18 banks to help finance its purchase of the UK's Travelodge Hotels Ltd. Mandated lead arrangers for the three-year loan wereBloomberg - 247 words
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396 2006-11-07 22 CLARENCE MICHAEL - It ties up with renowned European institutions By CLARENCE MICHAEL in Dubai BAHRAIN has clambered on board the science and technology park bandwagon to help farther diversify its economy. Its Economic Development Board (EDB) on Sunday signed a memorandum of understanding (MOU)396 words
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355 2006-11-07 22 It's not perturbed by US$ fall, unlike regional peers Reuters [DOHA] Qatar's central bank is not concerned about the US dollar's decline and has no plans to change its policy on foreign exchange reserves, its governor, Sheikh Abdullah bin Saud al-Thani,Reuters - 355 words
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Page 22 Advertisements
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Advertisement1455 2006-11-07 22 NOTICES Toll free: 1800-289-8822 Email. notices@sph com.sg BUY IT- Stlt IT- FIND »T IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF INTERNATIONAL SEASONAL CONSULTANTS (S) PTE LTD (Registration No. *****1821G) (In Membors' Voluntary Liquidation) NOTICE Of FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant1,455 words
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Advertisement315 2006-11-07 22 In The Matter Of The Companiee Act, Cap. 50 And In The Matter Of AQROGEN PTE LTD Reg No. *****7827N NOTICE OF CREDITORS* MEETING PURSUANT TO SECTION 296 OF THE COMPANIES ACT, CAP. SO NOTICE IS HEREBY GIVEN that pursuant to Section 296 of the Companies Act, Cap. 50, a315 words
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Advertisement67 2006-11-07 22 *************************11 l jlllllllMMMMM II Joe Augusta wants to take your travel II EpfeS!?,, Got: some great holiday packages to share with our listeners? Talk to our brand m new team at can 6319 1900 or I advertse@radio9l^com with Snl 0W T 000 promote them th some really innovative advertising ideas!67 words
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Advertisement24 2006-11-07 22 HOT IPO Attract more interest from Investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. KAT3 I NOTICES24 words
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ASIA-PACIFIC/WORLD
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524 2006-11-07 23 Panel also says AG should sue the Shin group firm AFP Reuters [BANGKOK] The Thai government should seek more than 94 billion baht (Ss4 billion) in damages from broadcaster ITV PCL in a licence fee dispute, a committee in charge ofAFP; Reuters - 524 words
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503 2006-11-07 23 ANTHONY ROWLEY - By ANTHONY ROWLEY in Tokyo GOVERNMENTS in Asia and elsewhere that seek to limit access to domestic media through ownership or censorship are "20 years behind the times", media mogul Rupert Murdoch said yesterday. "There is no stopping the new media," Mr Murdoch,503 words
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356 2006-11-07 23 Bloomberg [LONDON] Kohlberg Kravis Roberts Co and Goldman Sachs Group's private-equity unit agreed to buy the Kion forklift division of Linde Group for four billion euros (557.9 billion) in Germany's biggest takeover by a leveraged buyout firm. KKR and Goldman may hold an initialBloomberg - 356 words
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Article, Illustration334 2006-11-07 23 Bloomberg [NEW YORK] Microsoft Corp chairman Bill Gates and Prince Alwaleed bin Talal plan to buy Four Seasons Hotels Inc in an offer that values the company at US$3.7 billion. Chairman and chief exewtive officer Isadore Sharp favours the US$B2 a share cashBloomberg; BLOOMBERG - 334 words
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Page 23 Advertisements
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Advertisement372 2006-11-07 23 ANA's All-New Morning Flight to USA! v A^Hmw,' v ;;|'McS^P^ iibb Fly ANA's daily morning flight from Singapore to USA (via Narita) and enjoy true value! Not only is transit time reduced dramatically, prices are slashed to give you an offer you just can't resist! ■I Check out these exciting.offera372 words
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AVIATION
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Article, Illustration501 2006-11-07 24 Over 30 companies working on project led by Cambridge University and MIT AP [BOSTON] A US-British team of researchers from academia and the aerospace industry believes the passenger aircraft of the distant future will not only be fuel efficient, but virtuallyAP; REUTERS - 501 words
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250 2006-11-07 24 [SINGAPORE] The Civil Aviation Authority of Singapore has issued new guidelines on the hand carriage of liquids, gels or aerosol toiletries for passengers boarding flights at Changi Airport and headed for destinations in Europe. It also reminded passengers of existing restrictions ob flights250 words
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443 2006-11-07 24 Reuters [DUBLIN] Ryanair posted a stronger-than-expected jump in second-quarter profit yesterday and raised its full-year forecast on a rosier winter outlook. Europe's biggest budget airline said it now expected profit after tax for the year to the end of March 2007 to riseReuters - 443 words
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271 2006-11-07 24 Reuters [DUBAI] Emirates, the largest Arab airline, said first-half profit rose 29 per cent after the Dubai government-owned company offset higher fuel costs by carrying more passengers and cargo. Net income in the six months to Sept 30 climbed to US$323Reuters - 271 words
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Article2095 2006-11-07 24 CITY HJGMT HA FUCMT ETC EK348 IMS NZ4354 2335 211 B UL2348 1645 SQ492 2335 mm LH9771 1740 AHOH 2215 BR H1I KSEi JSS gg LH9765 1430 £S5? IS* a» hSSSH SHi "foSS Ulo OT1 1WC ffac «li .33 £8 -r M 2345 1655 AC9950 23552,095 words
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Page 24 Advertisements
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Advertisement122 2006-11-07 24 BT/ZUJI Deals of the Week i 1 1 BUSINESS CLASS (from S) f ECONOMY CLASS (from HOTEL (from Sydney $2,999 $440 $145 British Airways Gulf Air D£STINAJ)ONS BUSIMEgi CLASS (from S) ECONOMY CLASS (from S) HQTElfrcmfl WEATHER Hanoi $538«VlelnaniA«fw> I $185 (Vietnam Airfnes) $30 Hong Kong $1,197 OMtfwtf $338 (UntadAWneS122 words
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Page 24 Miscellaneous
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Miscellaneous192 2006-11-07 24 CRYPTIC CROSSWORD 11 God's angry, thome thay! (4) YESTERDAY'S SOLUTION DOWN 15 Slight gradient turning round Across: 1 Preach, 4 Hosepipe, 9 1 Stimulate perception audibly end of lane (9) Opt out, 10 Egg salad, 12 Etna, 13 (6)- 17 Leak including a Democrat's Round 14 Know, 17 Talking heads,192 words
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SHIPPING
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Article291 2006-11-07 25 SGX '000 Nov 6 S$ W- Vol CH Offshore 0.41 002 1758 Chuan Hup 0.31 unch 2136 Cosco Corporation 1.99 0.06 ***** CWT Distribution 0.59 0.01 34 Ezra Hldgs 4.02 -0.02 628 Freight Links 0.07 unch 2174 Grand Banks Yacht 0.88 unch 0 Jaya Holdings 1.40 unch 2460291 words
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403 2006-11-07 25 Sector urged to act now, instead of waiting for govts to impose regulations Reuters [SHENZHEN, China] The US Port of Tacoma is urging the global shipping industry to curb vessel emissions as the world's fleet expands at breakneck pace to meet soaringReuters - 403 words
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283 2006-11-07 25 Bloomberg [LONDON] Shipowners are turning down the highest offers from breakers' yards in six years as high freight rates encourage them to keep older oil tankers in service, shipbroker EA Gibson said. Prices for the scrap metal from Very Large Crude Carriers, orBloomberg - 283 words
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Article, Illustration828 2006-11-07 25 Reuters [BEAUFORT, NC] Nearly three centuries ago, the notorious pirate Blackbeard ran aground in his ship, the Queen Anne's Revenge, off what is now a North Carolina beach town. Last month, a crew of 13 headed out to sea each day, hoping for clear-enough weatherReuters; REUTERS - 828 words
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Article276 2006-11-07 25 Horizon Terminals pumping US$65m into Ulsan facilities Bloomberg [DUßAl] Horizon Terminals, the ports unit of Du-bai-based Emirates National Oil Co, will embark on a US$65 million project to expand its terminal facilities and build a new jetty at Ulsan, South Korea, as it seeksBloomberg - 276 words
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Article, Illustration486 2006-11-07 25 Reuters [SHENZHEN] With nearly a third of the world's fleet of dry bulk carriers approaching retirement age. the scrapping of ageing ships should underpin freight rates alongside strong raw materials demand from China or India, an industry executive said last week. As much asReuters; FILE PHOTO - 486 words
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307 2006-11-07 25 Reuters [HONG KONG] China's top port builder, China Communications Construction Co, which wants to raise up to US$3 billion in an IPO, will list first in Hong Kong and later in Shanghai after technical issues thwarted a plan toReuters - 307 words
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Page 25 Advertisements
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Advertisement65 2006-11-07 25 iiiiiiiiiimiiiiiiiimimi iiiiiiiiiiiij i Petrina Kouw can help you I ncrease l your market j share on 93 wfttli Pctrimi Jk advantage of it right here on the brand new call 6319 1900 or email advertise@radio9l3.com, and see how we can help increase your market share with some interesting radio ideas!65 words
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EDITORIAL & OPINION
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Article510 2006-11-07 26 EDITORIAL CONTRARY to the wishful thinking of opponents of the Iraq War in Washington and foreign capitals, a Democratic victory in tomorrow's midterm US Congressional polls will not bring about any great change in Washington's policy in Iraq. Even if the Democrats are able to take510 words
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Article, Illustration738 2006-11-07 26 SHADA ISLAM - THE BOTTOM LINE SHADA ISLAM Brussels Correspondent MOST Euro-watchers agree that Europe's foreign and security policy operations are the only serious show in town. Javier Solana, the EU's hardworking chief diplomat, may not always make the headlines or secure the738 words
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Article, Illustration942 2006-11-07 26 THANG NGUYEN - The reason why investors hesitate to invest in infrastructure projects, or in any other area for that matter, is the legal uncertainty that characterises South-east Asia's largest economy THANG NGUYEN AS AN attempt to show investors that it means business, the IndonesianBLOOMBERG - 942 words
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Article, Illustration1293 2006-11-07 27 JANADAS DEVAN - That 90 per cent of this year's fires have been put out is due more to the rains than to Jakarta's belated interventions By JANADAS DEVAN THE Indonesia forest fires are, in the first instance, a health hazard. Asthmatics in five countries cannot breathe,REUTERS - 1,293 words
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Article, Illustration824 2006-11-07 27 BOB HERBERT - Instead of a concerted effort to make it easier for Americans to vote, the trend in recent years has been to make it harder, through legal means and otherwise By BOB HERBERT NYT WE KNOW that A 1 Gore got more votes than GeorgeNYT; REUTERS - 824 words
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Article9899 2006-11-07 28 SGX MAINBOARP 1MB 1* Ian Ml Day MOM OK **M MM NCap t— tode c—t M» w rww NM t— If Mir cv w» Mi 15 1 V* '«SoW» 25 unch m 25 ]t 25 «i 115 6 HM (Ttfacom 4)5 1411 9 15 41 21 9) 4)19,899 words
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Page 28 Advertisements
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Advertisement35 2006-11-07 28 TVatte from ?Q% dspoilt (H x Invwugn) on mrnt ttnrki Qo long or short Competitive financing rates in alt mariots Access to Asian, US, Euro stocks Select Exchange TVaded Funds and Indices Competitive Commission charges35 words
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Article5795 2006-11-07 29 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES taloalcun la U la UU dy %yr dy yr dy %yr Hot3 Ind— Ow Qui Chixt* Chmiy* Ch«nq« Ounqa ***** 0.1_ *L ilL 5* -03 123 »WtWWa> l«l 0? SL7 -ft? 93 -03 163 Europe Pufciwarr ***** 03 133 00 146 -02 2135,795 words
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Page 30 Advertisements
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Advertisement1381 2006-11-07 30 UK CONTINENT jBWCT UJJ> MRVICI Destination Destination DO LEADER RDM/AJW/BMN/TIB/NAN MAJIRA CAM/NFK/NOl/SAV Loads Singapore, E./W. Mcdaysic, hdocmio E/w MWMHJE'EAST SERVICE REjILA. SERVICE Destination BLUE SICY DBI/ABU/DOH/BRN/DMM/KWT DesHnrtion JUHTER CHARM DBI/ABU/DOH/BRN/DMM/KWT STXPOTBN MC/BSN ASEAN EXPRESS DBI/ABU/DOH/BRN/DMM/KWT ASEAN PREMIER DBI/ABU/DOH/BRN/DMM/KWT loods Singapore, ,/W. Moloysio, Indonesio J loodt E. Maloyvo, Indontw J I1,381 words
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Advertisement432 2006-11-07 30 vOOv WALLENIUS WILHELMSEN LOGISTICS woksitfl: http://www.2w9lobfll.com vma VOT IMf —t IK —0 W Ml fli nnou «mm mmm ua h/ii «•/«> 10/11 »/u »/u ICUS IMS nmm MB 01/11 01/01 11/91 IS/01 »/01 11/01 MB WW nmm M/ 11 11/01 10/01 M/W 00/01 04/01 Ntw Tai t Hari Ma nssa432 words
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Page 31 Advertisements
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Advertisement783 2006-11-07 31 WAN HAI INTERNATIONAL PIC LTD a MO: IWSWOOOO/I tvi\WAN HAI LINES y V wwr%UM aim hlllhi# ph. thj »3)xmmmshulnximzewrw iH: wi22*s*oofalio«>z2*»ti V JOHHL (07) 251W23 ML (07)251 W2l SUi IE: (031) *****75 NUL (0)1) *****14/ *****05 WWW.Wflnhai.tOm.lfl *Tra:(O2I)S2S4IMFU:(O2I)S2S47WPI*ra:7I43»O/71i3»l FAX: ****** H It (Ml) 4157M3 RUt (Ml) 41SW2S/4142W WEEKLY EXPRESS SERVICE783 words
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Advertisement1184 2006-11-07 31 IVISSIL IVOY PKL SIN KARACHI 1 DX» RAB I NHS DMM MK I KHOR WAN KORDCSTAN PCI 1167 09/11 10/11 19/11 22/11 23/11 29/11 01/12 03/12 MAN TABATABAII PCI 8169 13/11 14/11 23/11 26/11 27/11 03/12 05/12 07/12 WAN BAABAEI Pa 3170 20/11 21/11 30/11 103/12 104/12 I 10/12 12/121,184 words
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Advertisement673 2006-11-07 31 m WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS VBSfl VOT SW NOANG COKMUO N. SHIVA couxmo (AIIAHADUK 01 WW 13 MOV OMIT OMIT ft) MOV 24 NOV HOT*fEfTAW YPMO47 UNOV IS NOV 18 MOV II MOV ?5 MOV HOWAttW 0057W 21 NOV 22 NOV673 words
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THE BUSINESS TIMES SHIPPING TIMES
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4276 2006-11-07 32 This ETA ETA AJvarUMr M V«ya«i HA ETA Adnrtkm MmI TlliplUl rjn SJM Occfn "—i Mmm IMM«r Naatar ■IMHIWMraiMnMMMHMMMHMMHM nHMWHMHHnHMHMMMHMI To DUBAI (0X8)2111 U. A. Emirates To ABIDJAN (ABJ) 2003 Cote D'h/oire 14m man tabatmaei PCL 1161 ******44 1*11 22/12 Mnu DELMAS KERGUELEN MS*4,276 words
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PROPERTY
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Article, Illustration522 2006-11-07 33 UMA SHANKARI - Mass market property picking up soon: Merrill Report identifies CityDev as the preferred property play here By UMA SHANKARI MERRILL Lynch reckons the strong recovery in higher-end property is about to spill over to the mass market as economic gains from services, logistic and manufacturing trickle through to the wider522 words
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294 2006-11-07 33 ARTHUR SIM - By ARTHUR SIM THE hotel industry has received another confidence boost with the latest $92 million offer by an unnamed developer for a hotel site at Sinaran Drive, near Novena MRT station. Under the government land sales' reserve list system, the Sinaran Drive294 words
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211 2006-11-07 33 Xinhua [HONG KONG] Expo Real Asia 2006, the first large-scale real estate industry conference and exhibition in Macau, will be held from Dec 4-6, the organiser for the event said here yesterday. According to the organiser Munich Trade Fairs InternationalXinhua - 211 words
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111 2006-11-07 33 THE Housing and Development Board (HDB) said it is launching 398 four-room, 246 five-room and 503 executive flats for sale through its latest Walk-in-Selection (WIS) exercise. The flats are in Hougang (63 units), Punggol (84) and Sengkang (1,000). The selection exercise will111 words
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554 2006-11-07 34 JANE MOIR - City centre rents up nearly 300% since 2003; firms looking to cheaper districts By JANE MOIR in Hong Kong OFFICE rents in Hong Kong's central business district are nudging towards a 1997 high, forcing firms to shift out of their high-rise554 words
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Article, Illustration627 2006-11-07 34 KALPANA RASHIWALA - By KALPANA RASHIWALA CAPITALAND is planning to launch three freehold condos next year with a total of about 700 units even as it catches its breath after selling 188 units over the weekend at the 99-year leasehold The Metropolitan Condominium next627 words
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Page 33 Advertisements
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Advertisement212 2006-11-07 33 Office Building with Redevelopment Potential Dapenso Building, 158 Cecil Street 9-storey office building with 45 basement car park lots Land Area: 11,030 sq ft s pa MP2003 GFA: 123,536 sq ft |U Existing GFA: 77,661 sq ft StrataArea:64,9l7 sq ft SUE > ea or investment holding, refurbishment Qy "*> or212 words
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Advertisement271 2006-11-07 33 FOR SALE 1 BY TENDER 1 '[P BELLERIVE PRIME FREEHOLD RESIDENTIAL SITE 1 ~ZZZZ~T] s< uariBh p tot of Und Area: ***** n n*£Town inommon (Bam* Rd) Build-up Gross Floor Area: 61,822 sq ft Anglo- ChlntM Prt Sch II __punearn rp ibCBo Plot Ratio of 2.1 with maximum height of271 words
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Advertisement10 2006-11-07 33 I t$L I I Lianhe Zaobao I I HBMAMMt I10 words
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Page 34 Advertisements
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Advertisement260 2006-11-07 34 FOR SALE BY TENDER Residential Redevelopment tot 6 Site at Balestier Road, toSSf Hang Tat Garden t Land area 2,341.2 sm (25,200.4 sq ft) Jin Rajah "''V* Freehold subject Master Plan 2003 PR 2.8, up to Property a 36 storeys Within 2 km to St. Michael's School an d CH|260 words
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Advertisement171 2006-11-07 34 I Near Eunos, Paya Lcbar MRT I Easy access to PIE a ECP S|MP V„ *3 IINVKJMEMTHttWN^BW^I7S473Oj COLLECTIVE SALE OF HOLLAND HILL MANSIONS jji u fV.jl|L]p Sizeable and elevated freehold land fj*lj Minutes away to Orchard Road and the Botanic Garden pi Walking distance to Holland Village ""L**, >. 1|171 words
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Advertisement112 2006-11-07 34 Prime Residential Redevelopment Site In Close Proximity To Somerset MRT usmißsi Site Area: 38,316 sq ft (approx) BSS Plot Ratio: 2.8; up to 36 storeys |f MM r% Close proximity to Orchard Shopping Belt 4 """"a w •Walking distance to m*mm «Kft Somerset MRT station f ffBT Mr Ne&r amenities112 words
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