The Business Times, 24 May 2007

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Microfilm: NL27708
Total Pages: 78
1 78 The Business Times
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  • Title Section
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    20 1 THE BUISNESS TIMES Thursday, May 24,2007 MICA (P) 202/12/2006 online at http://business-times.asial.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION SINGAPORE 85 cents
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  • Article
    Lock icon SGX plans major listing rule revamp
    950 1  -  Sharpened focus for mainboard, Sesdaq to be transformed into a sponsor-supervised board By TEH HOOI LING [SINGAPORE] The Singapore Exchange (SGX) yesterday proposed changes to listing rules aimed at giving companies distinct platforms to access the capital market, while offering investors the assurance of
    950 words
  • Article, Illustration
    Lock icon Eng Wah in reverse takeover deal
    537 1  -  It's buying Tokyo biotech firm's assets for $675 m By OH BOON PING [SINGAPORE] Cinema operator Eng Wah Organisation has entered into a multi-million-dollar reverse takeover deal that could turn it into a biotech firm when the exercise is completed. In a statement yesterday,
    ARTHUR LEE  -  537 words
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      132 1 J, BizVT KT Innovators don't g* always do it first ARTSFEST QgBSS the magazine Look out for the Singapore Arts Festival 2007 magazine commemorating the 30th anniversary of the festival. The magazine is priced at $5 but in conjunction with the festival's opening, you can get your complimentary copy tomorrow
      132 words
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      18 1 STOCKS A bubble may be forming in China's markets PAGE 18 Rfarfcets Digest. Page 2 8 1 I
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      145 1 COMMENTARY Keep cool amid '~Ehot property market PAGE 2 Logistics f'■ WHO'S WHO IN PROPERTY H|p The competitive Singapore property market has honed some of the best companies in the business. In a 48-page section today we present the profiles and business philosophies of some 40 companies in property development,
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  • TOP STORIES
    • Article
      Lock icon MARKETS DIGEST
      132 2 ST! 3,559.01 (+19.19) ST INDEX FUTURES 3,559.00 (+19.00) siMsa 440.30 (+3.42) SIMSG FUTURES 439.40 (+2.40) MARKETS Wednesday Change KLCQMP 1,354.96 -12.53 NIKKEI 225 17.705.12 +25.07 HANG SENG 20,798.97 -44.95 SET INDEX 731.22 -1.55 JAKARTA COMP 2,104.25 +25.49 MANILA COMP 3,466.56 -38.47 SEOUL COMP 1.646.59 >3.71 SHENZHEN B 743.97
      132 words
    • Article
      Lock icon En bloc deals hit $6.38b – nearly topping all of last year's
      517 2  - En bloc deals hit $6.38b nearly topping all of last year's Transactions for barely five months are just 18% short of the $7.75b for whole of 2006 By KALPANA RASHIWALA [SINGAPORE] A total of 39 collective sale sites have been sold for some $6.38 billion since the start of this
      517 words
    • Article, Illustration
      Lock icon Keeping one's cool in a hot property market
      752 2  -  COMMENTARY Major reform doesn't seem imminent, but govt's latest move is perhaps a sign of things to come ARTHUR SIM Correspondent THE last time the government asked the Real Estate Developers' Association of Singapore (Redas) for help to cool the property market,
      752 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      486 2 NWC urges employers to give workers pay rise The National Wages Council has called on employers to give workers a pay rise for their contributions to good corporate and economic performance, but has cautioned that pay hikes must be sustainable and lag productivity gains. TOP STORIES, PAGE 3
      486 words
    • Article, Illustration
      Lock icon NWC urges employers to give workers pay rise
      724 3  -  Employers agree, but stress wage hikes should be sustainable By CHUANG PECK MING [SINGAPORE] The National Wages Council (NWC) has called on employers to give workers a pay rise for their contributions to good corporate and economic performance, but has cautioned that
      724 words
    • Article
      Lock icon Selective civil service pay hike plan sparks outrage in Hong Kong
      633 3  -  By JANE MOIR in Hong Kong A PROPOSED civil service pay rise is stirring controversy in some quarters of Hong Kong's government workforce as a selective approach to wage increases has drawn fire and ire. News that some civil
      633 words
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      719 2 people HR's secret weapon. Cats Notices PDC CORP LTD (Incorporated in the Republic of Singapore on 4 September 1999) y (Company Registration Number: *****5292 D) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting ("EGM") of PDC Corp Ltd (the "Company") will be held at
      719 words
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      456 2 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF POCO HIPPO CO (S) PTE LTD (IN MEMBERS' VOLUNTARY UQUIDATION) CO. REG. NO. *****3813E NOTICE OF RESOLUTIONS At on Extraordinary General Meeting of the Company held at 27/F Stelux House, 698 Prince Edward Road East, San
      456 words
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      360 2 In the matter of The Companies Act, Cap. 50 And In the Matter of CHOON MOH CONSTRUCTION PTE LTD (Company No. *****4135E) (Incorporated in the Republic of Singapore) NOTICE TO CREDITORS OF MEETING Notice it hereby given, pursuant to Section 296 of the Companies Act, Cap. SO, that a meeting
      360 words
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      2 2 Charting directions
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      212 3 r~\ i m i o i no /*°n K 1 J L-/ I I I ILJ If 1 laJ H 111 §■<■■■ I lUm J I iil y I y 11 j 111 y v I Ipl '"^ir^-.i....*.•• |p ..'4- i i^ I I ■Til"* *ffirTl»'lfclH |y I* SI litis
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  • COMPANY NEWS
    • Article
      Lock icon Biofuel —first mover disadvantage
      672 4  -  HOCK LOCK SIEW By TEH HOOILING AS the global economy evolves, there will be periods when a confluence of factors will spur innovations and change. We've had the industrial revolution in the mid-18th and early 19th century, the information revolution in the 1990s and early 2000s.
      672 words
    • Article
      Lock icon Stats to be taken off STI next month
      255 4  -  By CONRAD TAN STATS ChipPAC (Stats) will be removed from the Straits Times Index (STI) next month, after its free float fell below 12 per cent as a result of a takeover offer by Temasek Holdings. The chip testing and packaging company
      255 words
    • Article
      Lock icon Olam extends offer for Queensland shares
      411 4  -  By SIOW LI SEN OLAM International is keeping the market guessing as to its next move in the takeover battle for Australia's Queensland Cotton. Despite Queensland getting a higher bid from Louis Dreyfus Commodities BV, Olam yesterday said it will again extend its offer
      411 words
    • Article, Illustration
      Lock icon Four directors in Yellow Pages board tussle tell their side of story
      823 5  -  They accuse duo of trying to gain control without having to make general offer By WEE U-EN appointed. He also opposed the appointment of directories business expert Peter Buxton to the board because he objected having a consultant
      823 words
    • Article, Illustration
      Lock icon Sharp rise in trading volume, price of Oriental Food stock
      283 5  -  By YEN SREENIVASAN THE barely noticed stock of peanut products maker Oriental Food (Holdings) saw a sudden surge in trading volume and price yesterday on market expectations of a potential reverse takeover (RTO). The stock, which has been creeping up
      Source: Bloomberg  -  283 words
    • Article, Illustration
      Lock icon New $1 b Reit may float by year-end
      445 4  -  Fund manager mulls spinning off assets in ARMF By KALPANA RASHIWALA A NEW real estate investment trust owning more than $1 billion worth of assets, including suburban shopping centres Century Square, Hougang Mall, Tiong Bahru Plaza and White Sands could be floated
      FILE PHOTO  -  445 words
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      200 4 River Sand 1 I. INVESTMENT PROSPECTS within the IDR V 3 acre land from RM3B psf*- No Real Property Gain Tax TEA reception 27 May .—ririsSß W |1 FREE Shuttle Service W f I m (bring along your passport) W|~ II Singapore Sales Office* Leisure Farm W 1 |jf 5
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      11 5 i roi ute" ngmsfiEflgsH The Control of Heat and Light www.rollite.com
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      245 5 HP Integrity servers bring together Microsoft and Quest to give you the Ultimate Database Solution. Performance. Availability. Scalability. Now you can have it all while still enjoying the TCO of standard-based Windows solutions. You can also have the best know-how on 64-bit data and information transformation technology in a single
      245 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Another day, another high
      524 6  -  STOCKS DBS Bank, OCBC Bank and property group City Developments were the top three stocks pushing the STI upwards CONRAD TAN Reporter THE Straits Times Index (STI) continued its winning streak yesterday, finishing higher for the third day in a row to reach a new record.
      Source: Bloomberg  -  524 words
    • Article, Illustration
      Lock icon Untitled
      925 6 SECURITIES TRADING SCOREBOARD MAIN SOQ TOTAL Up Down Uwdi Ue Down Uwth Up Down Undi Multilnd 9 2_ 6 _1 0 010 2 6 Manufacturing 110 45 65 17 8 24 127 53 89 Commerce 36 19 23 12 1 8 48 20 31 Tpt/Stof/Comms 25 6 11 3 0
      925 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      817 6  -  Compiled by CONRAD TAN AN investment in China Eastern would give SIA strong access to a last-growing Chinese aviation market and enhance its network conatively small our assumptions for SlA's future dividend payouts are unlikely to be affected. There is no detail on how many board seats SIA
      Source: Bloomberg  -  817 words
    • Article, Illustration
      Lock icon Further yen and euro weakness will hurt S$
      536 6  -  CURRENCIES LARRY WEE Senior Correspondent A DEARTH of any fresh market-mov-ing news in yesterday's Asian session found recent Asian favourites slipping back a bit, the euro failing to get any lift from strong European numbers and the yen continuing to struggle. Closer
      Source: Reuters  -  536 words
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  • COMPANY NEWS
    • Article
      Lock icon COMPANY BRIEFS
      421 7 Lian Beng awarded Maldives contracts LIAN Beng Group's wholly owned subsidiary, Lian Beng Construction, has secured a contract with the International Federation of Red Cross and Red Crescent Societies in Maldives, worth US$2.9 million. Besides this, Lian Beng Construction's joint venture in Maldives, Lian Beng-Admin Joint Venture, has
      421 words
    • Article
      Lock icon Noble shares dip on Tiger Rock sale
      277 7 Bloomberg SHARES of Noble Group Ltd, a Hong Kong-based commodity supplier, slumped the most in more than two months after Tiger Rock Ltd, previously its third-largest shareholder, sold its stake of almost 10 per cent. The Singapore-listed stock dropped 9 cents, or 5.5
      Bloomberg  -  277 words
    • Article
      Lock icon Boustead earnings rise 42%
      414 7  -  Strong orders boost profits to $35.2m as revenue rises 18.9% to $343.86m By YEN SREENIVASAN BUOYANT market conditions and strong order flows boosted mainboardlisted infrastructure and specialist engineering group Boustead Singapore's full-year earnings by 42 per cent to $35.2 million, from $24.9 million for the previous
      414 words
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      171 7 Choose a world leader for a professional FX trading service. We offer tight spreads on (65) 6390 5118 I all major FX pairs and a huge range of exotics, plus CFDs on shares, indices and more. a m Spreads from 2 pips on currency Local office, bank accounts K m
      171 words
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  • SINGAPORE INTERNATIONAL
    • Article, Illustration
      Lock icon Logistics firms need to look abroad
      1052 8  -  IE Singapore says it can help them find partners in the growing logistics industry worldwide, writes CHUANG PECK MING CHUANG PECK MING LOGISTICS and related services account for 8-9 per cent of Singapore's gross domestic product (GDP) not an insignificant contribution. But they can
      1,052 words
    • Article
      Lock icon Asia Gateway eyes entry into US logistics market
      424 8 AMERICA is a natural market for Singapore logistics companies with overseas ambition and that's not hard to explain. "The United States is the largest economy in the world," says T S Teo, managing director of Pacific International Lines Logistics. So no company
      424 words
    • Article
      Lock icon Home-grown Air Market beats the odds
      518 8 It leverages on S'pore systems to do more with less AIR Market Express has spun an investment of just $800,000 into a $20 million-a-year business providing freight forwarding services. And the Singapore-based company has achieved the feat over the past two decades largely on
      518 words
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      202 8 11 :=r The Business Times J SMOAFQIIE Slngaporv for Global Opportunities? wKK Discover latest developments in Southeast Asia, China, India and the Middle East Manage recruitment and talent retention challenges across borders Gear up for export and overseas growth H| Build up firm-level capabilities ■Hp Steer ahead for global growth
      202 words
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  • SINGAPORE NEWS
    • Article
      Lock icon NTUC Childcare links up with BT fund
      193 9  -  By JANICE HENG NTUC Childcare Co-opera-tive hopes to help aspiring young artists through "a sustained collaboration" with The Business Times Budding Artist Fund (BTBAF) and The Arts House. "NTUC Childcare believes that every child counts," said CEO Adeline Sum. "We are motivated to
      193 words
    • Article
      Lock icon Tripartite panel to help workers get WIS
      287 9  -  By CHUANG PECK MING A TRIPARTITE committee will be set up to reach out to low-wage workers and the self-employed for the Workfare Income Supplement scheme. Led by Minister of State for Manpower Gan Kim Yong, the committee of senior government, employer and
      287 words
    • Article
      Lock icon UNSW to close S'pore campus
      367 9  -  By AMIT ROY CHOUDHURY AUSTRALIA'S University of New South Wales (UNSW) will close its Singapore campus. Vice-Chancellor Prof Fred Hilmer said in a statement yesterday that the campus will close on June 28 at the end of the current semester. The decision has been taken
      367 words
    • Article, Illustration
      Lock icon Singapore must build an enduring brand: Tharman
      448 9  -  By PAMELA CHEW DEPENDING on what the product is, slick marketing and glossy packaging might be enough to make it sell, but it takes more than that to build a successful brand especially when that brand is Singapore itself conference-goers were told yesterday.
      448 words
    • Article
      Lock icon Affymetrix opens first manufacturing facility in S'pore
      278 9  -  By CHRISTINE SIM MEDICAL technology company Affymetrix Inc opened its first manufacturing facility in Singapore yesterday. Affymetrix will move 40 per cent of its microarray production to the facility in Gul Circle by year-end. The 140,000 sq ft plant which was modelled after
      278 words
    • Article
      Lock icon COE premiums continue rise across the board
      287 9 PREMIUMS for certificates of entitlement continued to rise across the board yesterday for the fifth straight tender, with passenger car COEs edging very close to the $20,000 level. Category A for cars below 1,600 cc increased $851 to $17,010, while Cat B for
      287 words
    • Article
      Lock icon M&A frenzy in Asia's finance sector set to continue
      481 9  -  Risk of overpaying for targets rising: PwC survey By CONRAD TAN THE frenzy of merger and acquisition activity in Asia's financial services industry will continue over the next five years, but the risk of overpaying for targets is rising, according to
      481 words
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      260 9 The UOB High Yield Account is the only chequing account that combines the value of your deposits and investments* to give you a higher interest rate. So the more wealth you consolidate with UOB, the higher your returns. To discover how UOB Privilege Banking can make your money work harder
      260 words
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  • ECONOMY WATCH
    • Article
      Lock icon BURSA MALAYSIA
      2462 10 VOL m >a km w- cooo) AIM Realty 226 -0.01 132 AbricBhd 030 -001 54 Advance Synergy .0.31 -0.02 1293 AdventaBhd 1-24 unch 135 Ae Multi Hldgs .0.32 unch 34 Affin Holdings 2.36 unch 2563 Ahmad ZakiResou 2 92 0.01 96 Ait Corp .058 -0.01 46 Airasia Bhd
      2,462 words
    • Article
      Lock icon Follow Thailand's example in capital controls, Beijing urged
      601 10 Reuters [BEIJING] Beijing should learn from Thailand's experience with capital controls to curb hot money inflows betting on a rise in the yuan, a top government adviser said. Yu Yongding, a researcher with the Chinese Academy of Social Sciences (CASS) and a
      Reuters  -  601 words
    • Article
      Lock icon Thailand cuts rate again in bid to revive spending
      223 10 —Bloomberg [BANGKOK] Thailand's central bank cut its benchmark interest rate yesterday for the fourth time this year to revive spending by consumers and businesses whose confidence is near a five-year low. The Bank of Thailand lowered its one-day bond repurchase rate
      —Bloomberg  -  223 words
    • Article
      Lock icon EU trade chief sees big gaps still in WTO push
      329 10 Reuters [STRASBOURG, France] Big differences are still blocking global trade talks that are now in a critical phase, Europe's trade chief Peter Mandelson said on Tuesday, adding he would not back a deal that fell short of EU aims. "The
      Reuters  -  329 words
    • Article, Illustration
      Lock icon China may allow foreign investors to buy more stocks
      719 10 Quota may be raised to US$3O billion from US$10 billion: report —AFP, NYT [SHANGHAI] China may allow foreign investors a greater share of its skyrocketing stock markets, state media said yesterday, as teams of Cabinet members from China and the US
      —AFP,; NYT; AP  -  719 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Japanese PM to visit Malaysia in August
      171 11 —AP [TOKYO] Japanese Prime Minister Shinzo Abe said on Tuesday that he will visit Malaysia in August. Mr Abe announced the visit to his Malaysian counterpart Abdullah Ahmad Badawi, who arrived in Tokyo on Monday to attend a symposium later this week. "This
      —AP  -  171 words
    • Article
      Lock icon Jakarta reopens Tommy Suharto graft probe
      280 11 AFP [JAKARTA] Indonesia reopened on Tuesday a corruption investigation into a monopoly controlled by the youngest son of former dictator Suharto in the *****, an official said. Tommy Suharto has so far escaped trial over allegations that he corruptly amassed millions of dollars during
      AFP  -  280 words
    • Article
      Lock icon Cagamas to launch RM6Ob funding scheme, says report
      404 11 [KUALA LUMPURI Cagamas Bhd, Malaysia's national mortgage firm, is planning to launch a RM6O billion (5527.1 billion) funding programme, which will be South-east Asia's biggest, Malaysia's Business Times reported citing a source familiar with the plan. The deal, which will covers Cagamas'
      404 words
    • Article, Illustration
      Lock icon Proton dealers urge strategic alliance with foreign partner
      594 11  -  93% of 136 dealers suffer losses in Q1, hit by indecision over its future By PAULINE NG in Kuala Lumpur FACED with rising monthly losses and declining sales, Proton dealers have urged the national carmaker to form a strategic alliance with a
      AP  -  594 words
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      79 11 VOLKSWAGEN FINANCIAL SERVICES SINGAPORE LTD. *****,000,000 MULTICURRENCY DEBT ISSUANCE PROGRAMME SERIES NO. 007 5520,000,000 GUARANTEED FLOATING RATE NOTES DUE 2010 Pursuant to Condition 15 of the Notes, notice is hereby given that for the Interest Period beginning on 24 May 2007 and ending on (but excluding) 26 November 2007, the
      79 words
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      219 11 1 0 O Jfl SUCCESS the power of financial management in business The value of membership CONGRATULATIONS to the following who have CIMA, the Chartered Institute of Management < ua[ified as Chartered Management Accountants Accountants, has grown rapidly in the past AmsteinFjeld Mark Tan Yen Ming five years and takes
      219 words
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  • INDIA
    • Article, Illustration
      Lock icon India to up spending on rural roads
      404 12 480b rupees to be invested in four-year project to connect thousands of villages —Reuters [NEW DELHI] India yesterday pledged to dramatically step up its spending on roads in rural areas, where the government wants to boost sluggish farm growth and raise hundreds of
      —Reuters; REUTERS  -  404 words
    • Article
      Lock icon DLF to fix price band for US$2b IPO soon: sources
      222 12 —Reuters [MUMBAI] Indian real estate firm DLF Ltd is expected to finalise soon the price band for its initial public offering, which, at more than US$2 billion, would be the country's biggest, banking sources said yesterday. "Bankers and the company
      —Reuters  -  222 words
    • Article
      Lock icon CFA Institute told to shut shop in India
      301 12 Order follows its dispute with local financial institute —Reuters [MUMBAI] India has asked the US-based Chartered Financial Analyst (CFA) Institute to halt operations, which could leave nearly 7,000 students unable to sit for exams in June, the institute said. The Business Standard
      —Reuters  -  301 words
    • Article
      Lock icon Reliance Retail seeks tie-up with Bata
      307 12 [MUMBAI] It could be one of the biggest tie-ups in Indian retail if it were to go through. According to sources, talks are on between India's oldest retailer Bata and the most ambitious entrant into the retail space, Reliance Retail. As part of its
      307 words
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      1180 12 Mill tt t H. fr Will CHANO HWA COMMERCIAL BANK, LID. CHANG HWA BANK HEAD OFFICE: TAIWAN R.O.C. Chairman: Po-Shin Chang Director#: Eric K. Chen, Cheng-Hsien Lin, Chen-Jau Chen, Chao-Min Managing Diractora: Charles W. Y. Wang, Hsien-Nung Kuei Cheng Ching Wu, Henry C.S. Kao Ching-Hsj Chang, Sheng-Rong Chuang. WervHsran La.
      1,180 words
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      71 12 TIME ffl TO [radio 1 100% FU 1 This week is your last chance to win trips for 2 to France staying at an authentic French Winery, or Club Med Bali as we celebrate Voilah! French Festival Singapore 07. Tune in to 91.3FM NOW, play "The French Quiz? and you
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  • GREATER CHINA
    • BRIEFLY ASIA
      • Article
        Lock icon PT Indosat's Q1 profit jumps 26%
        86 13 —Bloomberg [JAKARTA] PT Indosat, Indonesia's second-largest phone company, said first-quarter profit rose 26 per cent, as it added more customers. Net income rose to 483.9 billion rupiah (5585.2 million), or 88.63 rupiah a share, in the three months ended March 31, from 383.9 billion
        —Bloomberg  -  86 words
      • Article
        Lock icon Belle Int'l shares up 32% on debut
        132 13 Reuters [HONGKONG] Shares in China's top women's shoe retailer. Belle International Holdings, rose 32 per cent on their debut yesterday, but lagged expectations after the US$l.l billion share sale attracted record demand from individuals in Hong Kong. The first-day performance was crimped by
        Reuters  -  132 words
      • Article
        Lock icon Taiwan stock market surges
        80 13 AP [TAIPEI] Taiwan shares rose at their highest level in nearly seven years yesterday, buoyed by strength on regional bourses. The Weighted Price Index of the Taiwan Stock Exchange rose 33.16 points, or 0.4 per cent, to close at 8,221.79 points. Gains were led by a
        AP  -  80 words
      • Article
        Lock icon Maxis chalks up 12% rise in Q1 profit
        75 13 Reuters [KUALA LUMPUR] Maxis Communications, Malaysia's largest mobile phone firm, reported a 12 per cent rise in its first-quarter profit yesterday, but said it was reviewing its dividend policy in the light of its cash needs. Net profit in the three months
        — Reuters  -  75 words
    • Article
      Lock icon Chinese exporters play down health risks
      712 13 Authorities looking into tainted food exports —AP [SHANGHAI] It's becoming a familiar scenario: Overseas authorities warn of tainted Chinese products while Chinese producers deny any health fears and say that in any case, they're not subject to regulation. On Monday, authorities in the Dominican
      —AP  -  712 words
    • Article
      Lock icon China shares hit 3rd straight record
      387 13 Heavy volumes show tightened monetary policy had no impact AFP [SHANGHAI] Chinese share prices chalked up a third consecutive record finish yesterday, adding 1.54 per cent on follow-through buying and continued strength in the yuan, dealers said. They said top level Sino-US talks in
      AFP  -  387 words
    • Article
      Lock icon China bloggers set for censorship reprieve
      322 13 —AFP [BEIJING] China's Internet bloggers look set for a rare reprieve from state censorship with the government abandoning a plan to force them to register their real names online, state press reported. The fast-rising blogging population had been told late last year they would
      —AFP  -  322 words
    • Article
      Lock icon Chrysler deal still on track, says Chery
      249 13 —Reuters [SHANGHAI/TOKYO] China's Chery Automobile Co said yesterday a framework deal with DaimlerChrysler AG to build Chrysler-branded cars was still proceeding, denying a German paper report it had been halted. Chery, which reached an initial agreement with Chrysler last year, wants to re-examine
      —Reuters  -  249 words
    • Article, Illustration
      Lock icon Lenovo's profits surge more than 600% on stronger sales
      477 13 —AP [BEIJING] Lenovo Group, the world's No 4 personal computer maker, said yesterday its profits grew more than 600 per cent in its latest fiscal year as it boosted sales and restructured following its acquisition of IBM Corp's PC unit. Profits
      —AP; REUTERS  -  477 words
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      252 13 Cash Flow from Commercial Real Estate to our numerous existing Singapore investors for attending our recent investor partner Appreciation Dinner Reception hosted by our President Mr. Richard Crenian. (former Singaporean now living in Canada) and remind potential new investors who will be paid: 9.8% p.a CASH FL0W..... Plus Capital Gain
      252 words
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  • MIDDLE EAST
    • Article
      Lock icon China Gas forms joint venture with Oman Oil
      492 14 Deal lets firm import energy products from Mid-East into China Bloomberg [MUSCAT] China Gas Holdings has formed a venture with Oman Oil Co to ship gas supplies to China from the Middle East. China Gas, which operates 61 mainland natural gas projects,
      Bloomberg  -  492 words
    • Article
      Lock icon IAEA report likely to reveal Iran's nuclear advances
      296 14 Reuters [VIENNA] Inspectors from the International Atomic Energy Agency (lAEA) were expected to report yesterday that Iran has not only ignored an imminent UN deadline to stop enriching uranium but markedly expanded the programme, exposing Teheran to broader sanctions. US and major
      Reuters  -  296 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      2044 14 UNIT TRUSTS FUNDS AebMm»»rM u* ow5Nce.Gi>eq5*aAusp .;»v smmo—*.Atpn.ua mji g-JsjJJJ* —,*g SSSESSmo* 'mm io?t*!mi jfipSSJ-f 'Vfi« i% :!St! SggSS»S> :*iu ysaV J 5S gg£gggf 'S$; SSXETls iWSu ££££5!** ienw AM MM tax MM (S>Mi Mutant A U50 M* OW5M4fOME*aAUSO HW/ J24* ikUhMA >» CJftEf*" 4 i?£v SlISKw 1 J«l3n3** W—
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      28 14 Allianz Global Investors SCORE WITH THE STAR PLAYERS IN EMERGING MARKETS MIL FRANKLIN TEMPLETON y Call your Financial Advisor today or visit www.franklintempleton.com.sg INVESTMENTS BIZ REGN NO.: *****521
      28 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Tokyo bourse aims to be core of Asia alliance
      541 15  -  SGX cited as one high growth market that TSE is keen to cooperate with By ANTHONY ROWLEY in Tokyo THE Tokyo Stock Exchange (TSE) aims to become a "core" member of an alliance of regional exchanges that could offer pan-Asian trading
      AFP  -  541 words
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      Lock icon Q1 profits of Thai businesses down 21 %
      581 15  - Q1 profits of Thai businesses down 21 By OUR CORRESPONDENT in Bangkok FALLING consumer confidence and a dramatic fall in investment have brought a serious setback in firstquarter results for Thai business, the local bourse says. The Stock Exchange of Thailand (SET) said that the 468 listed entities submitting first
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    • Article
      Lock icon Wall Street pay seen going higher: study
      212 15 Reuters [NEW YORK] On Wall Street, the rich may get still richer. Investment bankers and many traders may see bonuses rise 15 per cent from elevated 2006 levels, as profitability grows from international operations, proprietary trading and derivatives, according to a study released
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    • WORLD WATCH
      • Article
        Lock icon NYSE Euronext reports US$16lm Q1 pro-forma profit
        79 15 Reuters [PARIS] NYSE Euronext, the transatlantic bourse operator, said yesterday its pro-forma first-quarter profit was US$l6l million. Operating income in the three months to March 31 was US$264 million on revenue of US$l.l2 billion on a pro-forma basis. The pro-forma basis assumes the
        Reuters  -  79 words
      • Article
        Lock icon NZ's Fletcher Building to buy Formica for US$700m
        98 15 Reuters [WELLINGTON] Fletcher Building Ltd, New Zealand's second-biggest listed company, said yesterday it would buy US-based Formica Corp for US$7OO million, making it the world's biggest laminates maker. Fletcher said it would acquire the Cincinnati-based Formica from private equity firms Cerberus Capital
        Reuters  -  98 words
      • Article
        Lock icon GSK drug sparked FDA concerns in 2002, says group
        161 15 —Bloomberg [NEW YORK] US regulators knew about potential safety risks linked to GlaxoSmithKline's (GSK) diabetes pill Avandia for almost five years before they alerted the public, a consumer group said. Food and Drug Administration (FDA) scientists recommended in a memo dated
        —Bloomberg  -  161 words
      • Article
        Lock icon Hardware, telcoms next buyout sectors: JPMorgan
        133 15 —Reuters [BOSTON] The next wave of leveraged buyouts in the technology industry is likely to extend to computer hardware and telecom equipment sectors, a managing director of JPMorgan predicted on Tuesday. Raj Kapadia, who specialises in technology leveraged finance, sees buyouts continuing in software,
        —Reuters  -  133 words
      • Article
        Lock icon Ex-EMI CEO readying rival takeover bid, says paper
        80 15 —Reuters [LONDON] Former EMI Group chief executive Jim Fifield, with the financial backing of private equity firm Corvus Capital, is in the final stages of preparing a 278 pence a share offer for the world's third-largest music company, the New York Post
        —Reuters  -  80 words
      • Article
        Lock icon Mitsubishi UFG full-year profit down 25.5%
        125 15 Reuters [TOKYO] Mitsubishi UFJ Financial Group (MUFG) reported a 25.5 per cent drop in annual profit yesterday, hurt by merger costs and weakness in its core lending business, and said earnings would likely decline further this year. Higher interest rates have failed to give
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    • Article
      Lock icon Bancrofts plan meeting on Murdoch bid: WSJ
      271 15 Reuters [NEW YORK] Members of the Bancroft family, which controls Dow Jones Co, have planned a private meeting to discuss options after a US$5 billion bid by Rupert Murdoch's News Corp for the company, the Wall Street Journal reported on its website. Some
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    • Article
      Lock icon Alcan in talks with BHP after fending off Alcoa takeover
      379 15 Alcoa's US$27.6b bid rejected as not reflective of assets Reuters [LONDON] Canada's Alcan is in talks with global mining giant BHP Billiton as it looks to fend off a takeover attempt by US rival Alcoa, Canada's Globe and Mail newspaper
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      2 15 *j i
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      107 15 Mends »jCeymen htancH I MW"l' Mauritius Hongkong aP" Full nominee, management secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection estate planning. For further information and immediate service please contact: Angela Nicolson OFFSHORE CORPORA!"! SIRVICKS 1 Raffles Place, #21-01 OUB Centre Singapore
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  • AVIATION
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      Lock icon China Southern shares up amid investor talk
      309 16 Carrier's 188m yuan profit last year was its first in 4 years [BEIJING] Shares of China Southern Airlines Co surged amid speculation that the country's biggest carrier may follow China Eastern Airlines Corp in attracting an overseas investor. The stock rose 8.3 per
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      Lock icon BA flies into Iberia takeover consortium
      633 16 Tie-up will create airline nearly matching the size of Air France-KLM AFP [LONDON] British Airways (BA) has teamed up with a consortium led by United States investment fund Texas Pacific Group (TPG) with a view to buying Spanish carrier Iberia, it said on Tuesday
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    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2226 16 CITY HJGMT CT* FUttMT OB m as AF8087 1820 Of82 2230 BA7381 1820 LH9770 2345 aag SQ323 0630 KL838 2245 AZ3992 1555 L***** 2345 —«ga ***** 2345 Atbnti ACS202 2335 AC5203 0645 UU433 0150 EK432 2120 LH9767 2035 UL2432 2120 2035 NZ4385 2155 J!!! 1 GA9945
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      Lock icon KL cutting airport departure tax by up to 50%
      231 16 —AFP [KUALA LUMPUR] Malaysia yesterday announced that it will slash its airport departure tax at its low-cost terminals by up to 50 per cent from next month to boost air travel. Transport Minister Chan Kong Choy said that international passengers departing
      —AFP  -  231 words
    • Article
      Lock icon India seeks to clarify flight pact with Malaysia
      318 16 Bernama [NEW DELHI] India is ready to hold talks with Malaysia to clarify the frequency of Malaysia Airlines (MAS) flights to Indian cities under its open skies policy. An official from India's Civil Aviation Ministry said that the country did not impose
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  • Page 16 Miscellaneous
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      169 16 CRYPTIC CROSSWORD 1 Tries to borrow pounds, accepting penny (6) 2 (6)' n9 9 d 15 Getting cute? (8) Sprawl, 10 Tenement, 11 Barathea, 3 Left and right initially con- 16 Grounds to accept setter's 12 Endear 13 Double-dealer, 16 strained by state earnings (6) judgement (8) Candlesticks J 9
      169 words
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  • SHIPPING
    • Article, Illustration
      Lock icon Japanese shipyards to invest US$409b to boost output by 10%
      559 17  -  Korean shipbuilders also expanding with investment of US$1,930 billion By DONALD URQUHART [SINGAPORE] Japanese shipyards have announced their first capacity expansion in 30 years, pumping in US$4O9 billion to boost output by 10 per cent, as shipyards around the world
      BLOOMBERG  -  559 words
    • Article
      Lock icon Aframax tanker rates from Indonesia may rise
      443 17 Bloomberg [SINGAPORE] The cost of shipping 80,000 tons of crude oil from Indonesia to Japan may increase on demand from power utilities. The rate for so-called Aframax tankers sailing from Indonesia to Japan remained at Worldscale 147.5 for a tenth day, according to
      Bloomberg  -  443 words
    • Article
      Lock icon Aussie gesture to kin of Japanese attack victims
      320 17 —Bloomberg [SYDNEY] Australian navy divers surveying the sunken wreck of a Japanese midget submarine that attacked Sydney Harbour during World War II will present sand collected from the site to relatives of the two dead crewmen, the government said. The M 24
      —Bloomberg  -  320 words
    • Article
      Lock icon TRANSPORT STOCKS
      287 17 May 23 St W- Vol Ch Offshore .0j65 0.02 70S3 Chuan Hup Hldgs .0.37 0.01 3036 CotcoCorp _JJ8 -0 JOS ***** CwtLimltad ._....0J9 -0.02 137 Ezra Hldgs .5.75 0.05 130 Freight Links 0.14 unch 3872 Grand Banks 1XJ7 unch 44 Java Hold Ud ....1.48 0.03 2298 K1 Ventures
      287 words
    • Article
      Lock icon Korea Line to spend 630b won on vessels
      106 17 —Bloomberg [SEOUL] Korea Line Corp, South Korea's third-largest shipping company by market value, plans to spend 630 billion won (Ssl billion) on 10 bulk carriers and an oil tanker as rising demand for iron ore shipments causes rates to surge. The vessels
      —Bloomberg  -  106 words
    • Article
      Lock icon China port capacity to be 8b tonnes in 2010
      149 17 —Reuters [BEIJING] China's port-handling capacity will increase by more than a third from levels at the end of last year to reach eight billion tonnes by 2010, the China Securities Journal yesterday quoted a senior industry official as saying. Qian Yongchang,
      —Reuters  -  149 words
    • Article
      Lock icon Chinese divers find 3 bodies in sunken Korean ship
      254 17 —AFP [BEIJING] Three bodies have been found in the wreck of a Southr Korean freighter that sank after colliding with a Chinese ship, leaving 16 sailors missing, state media reported yesterday. Two of the bodies have been recovered from the Golden
      —AFP  -  254 words
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      291 17 i Diners Club Card r.^««*****980 A World of Exclusive Privileges Treats Diners Club wwic.Jiners.com.sg International' iv' v 01 n Amizos 'f*r Ifvi Ttbl w If V>'« I ;'v lOTuaa West Drive *****0* Jv'& Tel: 6861 8000 Fax: 6861 1020 RmaiT* ihoy#rafnetmann«.com.sg Web She: wwwjiffV hhmuulcocx. ig SNIFF OUT GOOD DEALS
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  • EDITORIAL & OPINION
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      Lock icon China in no hurry to revalue its currency
      555 18 EDITORIAL AMERICA has again proposed, but China is not entirely disposed at least where its currency is concerned. That, in short is the most likely outcome of this week's two-day strategic dialogue between the two. On the US side, a more strident
      555 words
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      Lock icon It's still hot outside the air-conditioned, room
      1133 18  -  'Hong Kong's stock market is the only one to benefit from the new rule that commercial banks can only invest in overseas markets whose regulators have signed an MOU with CBRC By By TIAN TIAN and TIGER TONG ON MAY 14, Hong Kong's
      REUTERS  -  1,133 words
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      Lock icon Tokyo's new financial hub: stage is set but no script
      817 18  -  THE BOTTOM LINE ANTHONY ROWLEY Tokyo Correspondent PICTURE a stage where elaborate scenery has been put in place, performers are poised and all appears ready for the show to begin. The only problem is that no one has written a
      817 words
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      Lock icon China's energy policy is no threat
      921 19  -  Chinese efforts to lock up oil supplies with long-term contracts may even be advantageous to the US, analysts suggest LEON HADAR Washington Correspondent THERE has been a lot of anxious talk in Congressional hearings and think-tank seminars in Washington these days about the alleged
      REUTERS  -  921 words
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      Lock icon Opposition leading in Philippine election
      834 19  -  AL LABITA Manila Correspondent STUNNED, embattled Philippine President Gloria Arroyo can't believe it. The opposition candidates she had denounced as a "bunch of destabilises" not worthy of a single vote have turned out to be leading in the race for seats in the Senate. Worse,
      AP  -  834 words
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      29 20 HAUTLENCE i W* J^v.4.% HAUTLENCE HLO7 Jumping hours, retrograde minutes 40 hours power reserve In-house manufactured calibre Manually wound mechanical movement Water-resistant to 30 meters Limited to 88 pieces
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  • Article
    Lock icon SINGAPORE STOCKS
    2582 21 SGX XTRANET U-Wk Tal Lart Vol Day L«tQuot« On GrYW Nat MCap HMi low Coda Contemn fto W- COOP) Wjfc law »nyar S*f CV M W ***** 119 6065 Diamonds US119 125 5000 5000 6095 IS DJ US Tech US5000 6097 IS MSCI Spore USSS5 ***** ***** 6101
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  • Article
    Lock icon FINANCE & COMMODITIES
    7603 22 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In S$ In US$ dy yr dy yr dy %yr May 22 Index Change Change Change Change Change Change World Index Preliminary 1184.1 0.0 7.6 0.4 8.2 0.1 8.3 J EAFE Preliminary 1190.2 0.1 7.5 0.6 8.2 0.3 8.3 Europe
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      1901 23 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination NIPHA NAREE RDM/ATW/BMNALB/NAN AURORA SAPPHIRE CAM/NFK/NOL/SAV Loads Singapore, E./W. Malaysia, Indonesia loods E./W. Malaysia, Indonesia MIPPLE-EAST SERVICE F.EJS.E.A. SERVICE Destination Destination PAN VOYAGER DBI/ABU/DOH/BRN/DMM/KWT STXPOTBN INC/BSN PAN BRIGHT JDH/BJA Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES Tramping for bulk,
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      442 23 vStn WALLENIUS WILHELMSEN LOGISTICS website: http://www.2wglobol.com VBSa VOT UW HEIGHT SIN LK —0 SAV Ml ORf URONGA Af 716 ***** M 6.25 M 30/05 21/0* 30/06 05/07 00/07 07/07 TAMESIS tf 717 3201 M MM 07/0* 02/07 11/07 IS/07 20/07 11/07 TAMPA *171 > 4201 m MM 10/06 11/1* 22/07
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  • THE BUISNESS TIMES SHIPPING TIMES
    • Article
      Lock icon THE BUISNESS TIMES SHIPPING GUIDE EXPORT
      5897 24 This ETA ETA Aiwtliw VmmI Vgyif Tlhpfcmi SM DmTh W— M— —mrn*m To ADELAIDE (ADL) 2007 Australia 03/06 22/06 ChmaShpg AM.WAMUNGA 005S *****898 03/06 22/06 rTtykjrtl ANIWARRINGA 0055 *****202 10/06 2906 Olina Stpg API TOPAZ 1455 *****(98 1006 29*06 PTDjakarta API TOPAZ 145S *****202
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      1158 24 WAN HAI INTERNATIONAL PTE LTD a NO; **********0/RI V— "l T1L*****588 (14IMS) FAX:*****163 v\\M\WAN HAI lINFs V Vf f Mil MM I LlllLJ HI TR: (03) 3344 MS FAX: (03} *****25S fW TIL (W) *****00 FAX: (Ml77Si#99 V. JOH IfL(07) 2SIW2SFUL(O7BSIW2I U&W)3J1J47JFA*1031)32*2714/*****05 *1!«: ID21) S2S4IM FAX: 1021) ***** aS PUB
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      946 24 Ivissa v6y I ha im I i6i I okl U» dMM I kh6 1 MAN IAAAAiI KL1199 27/03 26/05 06/06 09/06 10/06 16/06 U/06 20/06 MAN SATTAKI PCU2OO 07/06 06/06 15/06 l«/ 06 19/06 25/06 27/06 29/06 MAONAVM PC Li 201 07/06 06/06 J SKIP 15/06 16/06 22/06 24/06 26/06
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      560 24 I W WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN ANO WESTERN ICO POINTS «sa I wr I I pam coiomo ».»»> Icocomo" imtfgMU mrioi mim oun m KM MM mBMBH in* mmay ami out* mjii iqjuw WWW 0101 05 M OtM WM 13JUH 17M MJO KCVIM ra 10
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  • BizIT
    • Article
      Lock icon Untitled
      34 26 '10 years from now, none of us are going to read newspapers on paper. We'll read them on some kind of electronic device —a phone, a PC, a TV set.' -Microsoft CEO Steve Ballmer
      34 words
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      Lock icon Industries here to up IT spending by 2.1 %: IDC
      917 26  - Industries here to up IT spending by 2.1 IDC Chemicals sector expected to see the highest annual IT spending growth of 6.2% to 2011, followed by consumer packaged goods sector. AMIT ROY CHOUDHURY reports AMIT ROY CHOUDHURY SINGAPORE'S manufacturing sector is expected to spend fractionally more on new IT systems
      Source: OC  -  917 words
    • Article, Illustration
      Lock icon Innovators don't always do it first
      537 26  -  By ROLAND LIM WHILE innovation is commonly thought of as being the first in a field, players coming in later in the field can still innovate and reap success from these innovations, said Microsoft's chief executive yesterday. Speaking to invited guests at the Ritz
      CHUNG KUN SOON/LIANHE ZAOBAO  -  537 words
    • Article
      Lock icon HP opening new tech centres in Asia-Pac
      321 26  -  By WINSTON CHAI COMPUTER giant HewlettPackard (HP) will open eight new technology demonstration facilities across the region to show customers how to wring more value out of their data centre environments. Two of these so-called "Adaptive Infrastructure Discovery Centres", located in Japan and
      321 words
    • Article
      Lock icon VoIP— the wave of the future
      873 26  - VoIP the wave of the future In under a decade, S'pore could be the first country to adopt VoIP technology nationwide <you say> By KEVIN LIM SINGAPORE may soon have another first to add to its IT track record. In under a decade, our island could be the first country
      873 words
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  • PROPERTY
    • Article
      Lock icon 33% gains for prime London property
      542 27 Analysts cite influx of foreign buyers for fastest price rise in almost 30 years Reuters [LONDON] Prime central London property prices are growing at their fastest in almost 30 years and at three times the rate of the wider British market, figures show. The
      Reuters  -  542 words
    • Article
      Lock icon Record US$56m deal for NY condo
      431 27 Buyer of triplex penthouse in Manhattan's Plaza Hotel a UK-based businessman —NYT [NEW YORK] In an era of ever more expensive apartments in Manhattan, a triplex penthouse condominium in the Plaza Hotel has gone into contract for US$56 million, in what would quite likely
      —NYT  -  431 words
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      Lock icon New Jersey's 'intermodal ports' give industrial sector a boost
      750 27 —NYT [NEW YORK] For decades, New Jersey developers have been recycling wornout warehouses near the Hudson River into chic condos and fashionable retail centres. In cities like Hoboken, Jersey City and Weehawken, the value of a view of the Manhattan skyline
      —NYT; REUTERS  -  750 words
    • Article, Illustration
      Lock icon Two commercial sites at Balestier up for en bloc sale
      330 28  -  URA reserve list hotel site near Lavender MRT Station available for application By KALPANA RASHIWALA INVESTORS looking for hotel development sites have just been given a choice of three properties in the Balestier/Lavender area. The Urban Redevelopment Authority (URA) yesterday
      330 words
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      Lock icon A mall with fresh concepts each month
      340 29  -  Tampines 1 tenants to refresh offerings for shoppers under a rolling plan By KALPANA RASHIWALA TENANTS at a mall being developed next to Tampines MRT Station will have to refresh their concepts every five or six months and this will be written into
      340 words
    • Article
      Lock icon Househunt Property transactions lodged between May 14 and May 23, 2007
      1437 29 PtWiECT MAME/ PROP CONTRACT TENURE BUILT-IN AREA PRICE PST PROJECT NAME* PROP CONTRACT TENURE BUIU-JNAAEA PRICE P9 PROJECT NAME/ PROP CONTWCT TENURE BUINNAREA PRCE PSf STWB HAME TYPE DATE (SQfT) iSfOQQ) (S$) l STREP NAME TYPE DATE (SQff) (SS
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    • Article
      Lock icon 4 of Asia's top 10 property investment sales in S'pore
      273 30  -  This indicates investor confidence in Singapore's strong economy By KALPANA RASHIWALA SINGAPORE accounted for four of the 10 biggest property investment sales deals across Asia in the first three months of this year, according to CB Richard Ellis. These were
      273 words
    • Article
      Lock icon Paramount Hotel site being sold for $200 m
      303 30  -  By ARTHUR SIM PARAMOUNT Hotel and Paramount Shopping Centre are up for sale at an indicative price of $200 million through a public tender exercise. The property has a combined land area of about 102,710 square feet and a plot ratio of
      303 words
    • Article, Illustration
      Lock icon WHO'S WHO IN PROPERTY
      448 31 Tho property sector has re-emerged as a key driver of the economy, with Singaporeans buying again after years of holding back, and outside money flooding in as foreigners look for a great place to park their funds. Residential prices and rents for office, retail and industrial
      448 words
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      143 27 Score Card ■P~- MB FH high Astrid Hill, this stunning 21,000sqft Good Class Bungal&*wsth sheltered basement carpark fjflpcarsjtoasts a labyrinth of in natural foliage. Etocer leads to multiple formal, easual, family living area and fc«tfnglQynse,allowing entertainment for air occassions. This Brphitectural marvel has 5 luxurious bedroom suites complete r wlttr
      143 words
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      Lock icon Page 27 Advertisements Column 2
      222 27 \t Plot Ratio 3 I novena I Sit Area: 39,494 Sf (approX) pluS I jgr PLAZA MRT I some SL available for amalgamation 9 m —u I Title: Freehold nf BALESTIER (■quality JI tower rocca I Zoning: Currently zoned commerical m H J TEL Q bal «tier residential but given
      222 words
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      860 28 Master Plan 2003: Residential up to 36 Storeys oWWHEBIHi hHhH I (UnototructKlVlr*) 1 ■ISsjfsMBBI Minutes to CBD ft Orchard Rd jig 8393 9 Walking distance to Toa Payoh Novena MRT Easy access via CTE/PIE 1 |P1 I Near amenities eateries hnburd j Expression Interest I Closing Date: 28 May 2007,4pm.
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      177 28 GIIU randeur by PrepNu Oraup Beautiful Land 15.000sqft PR Choke BUrt) 2,034 sqft 3rms Cluny 15,000sqft PR Choke Cuscaden Royaie I,399sqft Best view Cornwall IS.OOOsqtt PR Choke Nassan 1,3004,000 sqft Premium Bishopgate 15,000sqft PR Choke Oceanfront 1,711 sqft Resort lifestyle Cable IS.OOOsqft PR Choke St Regis 2.153 sqft Lavish living
      177 words
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      60 28 jjPSj KG D 9/10 Soeddbt Aho Anilablt: OD6OBDOO NolUpProdimrt An elegant grand dame Art Oeco 2-storey bungalow designed by Frank Brewer and built around 1924. Land 4,040.9 sq m (43.496 sq ft) Tenure Estate in fee simple Development potential: Parcellatton of land into 3 plots comprising 2 plots for a
      60 words
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      219 29 FOR SALE BY TENDER MBMP^|f^|||V| LINCOLN LODGE PRIME FREEHOLD RESIDENTIAL SITE (DISTRICT 11) Off Newton Road I Ideal for Luxurious Condominium Catholic Novena Entrance to Novena MRT at doorstep BUlCi r Juni<>r C lle9 *q Church t|ou>nj Right next to United Sq Novena Sq eAne sd2eT e,e Revenue*" —'mrtt* lifestyle
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      332 30 FOR SALE BY TENDER HMHvb To«p«yoh Residential Redevelopment au.mt.dMng. f 6 Site at Balestier Road, To w* voT Hang Tat Garden i MMQR-- fie (|in To* Land area 2,341.2 sm (25,200.4 sq ft) J I ft iin Rajah Freehold A Sub> f? Master Plan 2003 M pr 2.8, up to
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      Lock icon Page 30 Advertisements Column 2
      98 30 FREEHOLD Plot Ratio Master Plan 2003 Commercial I Residential > HEffl Height Residential up to 36 Storeys £535 $II PUB 3 minute* to Orchard Rd BALESTIER RD lu Easy access via CTE/PIE El Development Options (subject to relevant I authorities approval ft payment DC) I I Service Apartment, SOHO, Hotel
      98 words
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      52 30 For a limited time only, Performance Premium Selection Limited is offering unbeatable prices for all used BMW, Lexus and Mercedes Benz automobiles less than 3 years old and with low mileage. So don't delay, contact Performance Premium Selection Limited for your resale quote now. Hotlin* 1:*****010 Hotlina 2:*****688 Main contact
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      189 31 OCBC Bank MMKSS Here at OCBC, meeting the banking needs and financial aspirations T3HI Wt of our customers have always been our priority. By constantly striving Alßl -jgg" to provide innovative products and services, we have made banking WPr* jjlf easier, more convenient and enjoyable for you. H&b Our Full-Service
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  • SINGAPORE DEVELOPERS
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      Lock icon Allgreen Properties
      176 32 OVERVIEW Allgreen is the Singapore property enterprise of the Kuok Group, a leading Asian conglomerate with businesses in trading, food industries, manufacturing, real estate, hotels, shipping and the media. Allgreen's core businesses comprise of property development, property investment, hospitality, project and property management and building supplies trading. As
      176 words
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      Lock icon MILESTONES
      102 32 Cairnhill Residences (left): Located in the heart of the city, with 97 exclusive, tastefully furnished apartments, it is your wish for sophistication fulfilled. Officially launched in Jan 2007, 100% sold out within days. ARTIST'S IMPRESSION Blossoms woodleign (right): Located minutes away from the city, reputable schools and established food
      ARTIST'S IMPRESSION  -  102 words
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      Lock icon UPCOMING PROJECTS
      263 32 The Cascadia Comprises freehold luxury units and penthouses, nestled at the posh Bukit Timah district, The Cascadia is near to top schools such as Methodist Girls' School, Henry Park Primary School, Pei Hwa Presbyterian Primary School and more. It is within close proximity to many shopping and dining
      ARTIST'S IMPRESSION  -  263 words
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      Lock icon Ascendas
      981 33 OVERVIEW Gateway to India and China ASCENDAS, an innovative business space provider, is set to double its assets, grow funds and expand its footprint across Asia. Looking after the needs of more than 1,300 customers in Asia, Ascendas has earned a reputation for being the gateway to Asia for
      981 words
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      Lock icon BS Capital Group
      249 34 OVERVIEW BS Capital Group gained prominence as a boutique property developer in September 2003. Despite being a newcomer to the scene, the company has made waves in the property scene by purchasing 276,118 square feet of prime land in the Bishopsgate area —one of the choicest areas
      249 words
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      Lock icon MILESTONES
      377 34 Lumiere LUMIERE, a 45-storey illuminated tower situated in the heart of the central business district with a total of 168 residential units and four shops, is the group's latest development. The Soho-style development is nestled between the Marina Bay and Sentosa integrated resorts and its modem design is specifically
      377 words
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      Lock icon FUTURE PROJECT
      214 34 95 Sophia Road THIS trendy project will appeal to those with a penchant for trailing off the beaten track and still desire living within prime locations for the convenience it brings. There is a multitude of offerings from the arts, culture, learning and entertainment scenes in the vicinity.
      214 words
    • Article, Illustration
      Lock icon CEL Development
      302 35 OVERVIEW CEL Development Re Ltd is a wholly owned subsidiary of Chip Eng Seng Corporation Ltd, a public listed company in Singapore since 1999. Spearheading the Group's portfolio in property development and investments, CEL has over the years established itself as one of the industry's fastest rising names.
      302 words
    • Article, Illustration
      Lock icon MILESTONES
      212 35 BlshanLoft A 99-year leasehold executive condominium comprising 35-storey twin towers with a total of 384 residential units and communal facilities at Bishan Street 11. GrandeurB A 99-year leasehold private condominium comprising four 19/20-storey blocks and four 18^*9-storey blocks with a total of 579 residential basement carpark and communal facilities
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    • Article, Illustration
      Lock icon FUTURE PROJECTS
      186 35 City Vista Residences: Located in the prestigious district 9, the freehold 20-storey boutique-style tower cuts a majestic figure in the city skyline. Featuring a seamless transition between the indoor and outdoor areas, from the Grand Water Wail to the Sky garden and the 70 beautifully designed private apartments
      186 words
    • Article, Illustration
      Lock icon Clydesbuilt Group
      320 36 OVERVIEW Founded and owned by Victor Ow, the Clydesbuilt Group is a boutique developer taking the same style and approach similar to those involved in designer wear, watches and luxury cars. Every development is designed with the utmost attention to detail. The group has its own team of
      320 words
    • Article, Illustration
      Lock icon MILESTONES
      121 36 Clydesview Condominium at Jervois Lane Built in 1990, a 4-storey condominium consisting of 32 units at the desirable address of Jervois Lane. Wtsma Clyde* Built in 1990, a centrally located 10-storey commercial building at Jalan Ampang, Kuala Lumpur. Clyde* Residence Built in 2005, it was among the first buildings
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    • Article, Illustration
      Lock icon CURRENT PROJECT
      280 36 Lornie 18 The rich and famous spend thousands of dollars per night at luxurious exclusive villas such as the Four Seasons in Chiang Mai, Evason Resort in Hua Hin or the Bvlgari Resort in Bali etc. Inspired by these resorts, Lomie 18 is being created. The peace and
      280 words
    • Article
      Lock icon Crescendas Group
      208 37 OVERVIEW The Crescendas Group is an established and dynamic group with diversified businesses in real estate, healthcare, electronics, leisure and advanced technology. With 15 years of experience in the real estate industry and together with its in-house professional expertise, the Crescendas Group has successfully built a strong track
      208 words
    • Article, Illustration
      Lock icon CURRENT PROJECTS
      196 37 Cadence Light This five-storey freehold development comprises units ranging from two to three-bedroom apartments to penthouses. Its contemporary design and quality finishes create a lively and carefree spirit Located just minutes from Kembangan MRT station, Cadence Light 1 s residents can enjoy the upbeat east coast lifestyle, with
      196 words
    • Article, Illustration
      Lock icon SOON-TO-LAUNCH PROJECTS
      117 37 Aquene Aquene is a blend of classic comfort, sleek modernity and natural harmony. This freehold development houses two and three-bedroom units, with each living space designed with impeccable taste to offer a warm, welcoming and contemporary sanctuary, away from the frenzied pace of life. Its location in the
      117 words
    • Article, Illustration
      Lock icon Frasers Centrepoint
      595 38 OVERVIEW j Leading full-service properly company I FRASERS Centrepoint Limited (FCL) is I one of Singapore's top three residential property developers and retail mall owners I and operators. More than 25 million sq ft of its land bank here and overseas awaits development over the next few years.
      595 words
    • Article
      Lock icon FUTURE PROJECTS
      442 38 ntfiomiMii prop6ni9i Novena Green Condominium projoct (2nd half of 2007) Based on the concept of wellness retreat, this 40-storey condo is located near the Novena MRT station. Khn Yam development (2nd half of 2007) The freehold site at Kim Yam Road is located within the prime River Valley
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    • Article, Illustration
      Lock icon SIGNIFICANT MILESTONES
      163 38 1963: Began as Centrepoint Properties Ltd 1992: Opened Northpoint, Singapore's first suburban mail and Bridgepbint in Sydney 1993: Launched its first residential project—Anchorage condominium 1996: First foray into overseas market —developed commercial/retail centre, Me Unh Point, Vietnam 1998: Launched Serviced Residences Fraser Suites Fraser Place, Singapore 1999: Overseas
      163 words
    • Article, Illustration
      Lock icon Heeton Holdings
      417 39 OVERVIEW ONE has only to take a look at Heeton Holdings' latest projects to recognise a savvy builder of upmarket, boutique homes. Established in 1976, the Heeton of today is a far cry from its humble origins. It started as an owner and operator of wet markets, later
      417 words
    • Article, Illustration
      Lock icon MILESTONES
      186 39 480-492 Holland Road High ceilings and an open desigrv allow light to flood into these' elegant houses. The single bungalow and six semi-detached residences also come with basements. The bungalow also has a raised swimming pool extending seamlessly from the second-floor living room.' El Centro(left, top) Young professionals will
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    • Article, Illustration
      Lock icon FUTURE PROJECTS
      222 39 A daring merger of art and architecture, Lumos will consist of 53 exclusive residential units ranging from one-bedroom apartments to three-and four-bedroom apartments and duplexes. The top floor of each tower will also house a penthouse complete with rooftop garden and private lap pool. Unit sizes are expected
      222 words
    • Article, Illustration
      Lock icon GuocoLand
      589 40 OVERVIEW GUOCOLAND Limited, which has property operations in Singapore, Malaysia, China and Vietnam, has established itself as a major regional developer over the last 19 years. Majority owned by the Hong Leong Group Malaysia since 1988, GuocoLand's core business comprises property development, property investment, property management and property-related activities
      589 words
    • Article, Illustration
      Lock icon MILESTONES
      273 40 1988: Hong Leong Group Malaysia becomes controlling shareholder of First Capital Corporation Ltd. 1990: Strong focu# in property development and investment 1991: Pioneer in development of 99-year leasehold condominiums in Singapore, targeted primarily at local Housing Development Board upgraders. 1994: Entered China with initial investment in Beijing. 1996: Expanded
      273 words
    • Article
      Lock icon UPCOMING PROJECTS IN SINGAPORE
      172 40 Loodon Heights Leedon Heights in a coveted District 10 freehold site in the vicinity of Holland Village and the upcoming Holland and Farrer Road MRT stations. The site will be developed Into a prestigious condominium with 280 super-luxury units with GFA totalling 77,000 sq m. Case
      172 words
    • Article, Illustration
      Lock icon UPCOMING PROJECTS IN THE REGION
      401 41 Malaysia Damansara City in Kuala Lumpur is an 8.4-acre iconic integrated commercial development comprising 2.2 million sq ft of residential apartments, office towers, hotel and shopping mall. 16.1 acres of freehold land off Jalan Cheras, just seven kilometres from Kuala Lumpur city centre, is slated
      401 words
    • Article, Illustration
      Lock icon Hiap Hoe Group
      330 42 OVERVIEW HIAP HOE is a niche integrated property developer of luxury and mid-tier residential properties that are distinct in design and preferred for their excellent locations and investment prospects. Hiap Hoe also has a civil engineering and construction arm which is mainly responsible for building the Group's
      330 words
    • Article, Illustration
      Lock icon MILESTONES
      309 42 THE Group has had an illustrious record of provtdng eagerly anticipated projects to the market Developments such as PapiNon, The Vines and Proximo are completely sold while Moonstone Residences has a take up rate of more than 80 percent Cuscaden Royale A FREEHOLD and luxurious property located at a
      309 words
    • Article, Illustration
      Lock icon FUTURE PROJECTS
      332 42 THE Group has acquired residential developments in prestigious districts which it will redevelop into exciting projects to be launched next year. Purchased at good valuations, these projects will make compelling investment propositions for the discerning home owner. Cavenagh Road LOCATED just opposite the Istana, the residential site is
      332 words
    • Article, Illustration
      Lock icon Hoi Hup Realty
      178 43 OVERVIEW Consistent is a word that can be used to describe Hoi Hup Realty Re Ltd's philosophy, the property development arm of Straits Construction Co (Pte) Ltd. Established in 1983, we have developed over 900 private residential units since the mid-1990s and currently have about 500 units
      178 words
    • Article, Illustration
      Lock icon MILESTONES
      384 43 LAUNCHING SOON Versilia on Hals Inspired living takes on a new form here. Slated for launch in 3rd quarter 2007, the 19-storey condominium consists of 2 tower blocks with 128 exquisite apartments which exemplify comfortable luxury. Relish the excitement and convenience of an urban lifestyle. Located at Ipoh Lane/Haig
      384 words
    • Article
      Lock icon Koh Brothers Group
      202 44 OVERVIEW KOH Brothers Group is a pillar of Singapore's infrastructure development and construction scene. With five decades of experience, the group has a portfolio spanning the gamut of huge infrastructure works ranging from flyovers, bridges and drainage works, to marine ports and tunnel projects. It also has
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    • Article, Illustration
      Lock icon MILESTONES
      103 44 G&W Ready-Mix From an initial setup of only two batching plants, G&W has grown into an established one-stop provider of building materials in Asia. Koh Brothers Group's construction expertise means that it is also able to use the raw materials, in addition to supplying them. Hotels In Singapore, both
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    • Article, Illustration
      Lock icon CURRENT AND FUTURE PROJECTS
      214 44 AWARDS Recognition of excellence Koh Brothers' achievements have been recognised with the following industry awards: ISO 9002 -1994 SS ISO 9002:1994 CIDB Best Buildabie Design Awards 1994 (Civil Engineering) Reconstruction of Geylang River CIDB Awards for Construction Excellence 1995 (Civil Engineering) Reconstruction of Geylang River 2
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    • Article, Illustration
      Lock icon Koh Brothers Development
      250 45 OVERVIEW KOH Brothers Development (KBD) is the Real Estate Division of Koh Brothers Group Ltd. Started in 1993, it has carved out a niche for itself as a lifestyle-and-theme developer in Singapore's real estate scene. With a presence in Indonesia and China, KBD aims to continue to
      250 words
    • Article, Illustration
      Lock icon MILESTONES
      240 45 Sun Plaza -1996 (30 Sembawang Drivt) A 99-year leasehold retail-cum-residential development, comprising a 160,000 sq ft podium and 76 units within two apartment towers. This 50-50 joint venture was KBD's maiden foray into the commercial property sector. Tin Cipri IMS (7S Steven* Road) The 18 exclusive freehold apartments are
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    • Article, Illustration
      Lock icon FUTURE PROJECTS
      375 45 Ihm Lumos (9 Leonle Hill) This luxury freehold condominium will boast 53 units spread through its 36 storeys. Spacious duplexes with large. balconies open up to private lift lobbies. The central column of The Lumos comprises sparkling glass Living Pods, designed to resemble large jewels. Units on either
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    • Article, Illustration
      Lock icon Keppel Land
      195 46 OVERVIEW ACROSS Asia, Keppel Land has been transforming and enhancing city landscapes with quality developments, ranging from prime investment-grade commercial properties to residential townships and premier homes, that are stamped with its hallmark of excellence. Depth and breadth in its portfolio of businesses position Keppel Land as Asia's
      195 words
    • Article, Illustration
      Lock icon MILESTONES
      504 46 Prime Grade-A office portfolio MARINA Bay Financial Centre (MBFC) is jointly developed by three of Asia's leading property companies—Keppel Land, Hongkong Land and Cheung Kong (Holdings) and designed by world-renowned architect Kohn Pederson Fox Associates of New York. It is set to be a centrepiece in the government's plans
      504 words
    • Article, Illustration
      Lock icon Integrated residential townships
      219 46 CAPITALISING on favourable demographics, the fast expanding middle-income population and urbanisation trends, Keppel Land has recognised township development as a platform for sustainable growth. Since its diversification into the region in the late 1980s, Keppel Land has set up a presence in each of the key markets
      219 words
    • Article, Illustration
      Lock icon Lend Lease
      127 47 OVERVIEW LEND Lease is a diversified international property group with market leading positions in our chosen geographies and sectors. Headquartered in Australia, we operate in over 30 countries around the world and three core sectors: retail and residential development, property investment management and construction. We apply our world-class
      127 words
    • Article
      Lock icon AWARDS
      186 47 Overseas Awards Building of the Decade—Australia (2004) 30 The Bond, Lend Lease Headquarters Awarded by Architect Bulletin, a publication by the Royal Australia Institute of Architects 5-Star Australian Building Greenhouse Rating (First ever in Australia) 30 The Bond, Lend Lease Headquarters —Awarded by the Sustainable Energy Development Authority Singapore
      186 words
    • Article, Illustration
      Lock icon MILESTONES
      188 47 Global Highlights A global properly leader A selection of current global activities: Olympic Village, London: Preferred Development Partner for Zones 2-7 of Stratford City, including the 2012 Olympic Village which has a potential value of around £3.5 billion A major player in the European Public Private Partnership (PPP) market
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    • Article, Illustration
      Lock icon Singapore Highlights
      134 47 Bovis Lend Lease: Over 350 projects successfully delivered during 30 years of operations in Singapore and Asia Currently working on over Ssl.3 billion worth of design and construction projects in Singapore Has over 200 employees in Singapore and over 8,000 worldwide Services include: Project management Construction management Engineering,
      134 words
    • Article, Illustration
      Lock icon MCL Land
      241 48 OVERVIEW MCL Land has established a long track record of building quality homes in Singapore and Malaysia over the last 30 years. A member of the Jardine Matheson Group under Hongkong Land Holdings Ltd, MCL Land has an extensive portfolio of prime residential properties in Singapore and Malaysia.
      241 words
    • Article, Illustration
      Lock icon MILESTONES 2007
      225 48 Fully sold and completed projects The Metz STEPPING into The Metz is not unlike treading into a lush tropical urban oasis. Come home every day to a perfect backdrop for luxurious living. Situated at Devonshire Road, the freehold 169-unit The Metz puts you mere minutes away from Shenton
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    • Article, Illustration
      Lock icon FUTURE LAUNCHES
      315 48 Balmeg Court site THIS freehold site is slated for a 5-storey condominium development comprising 180 apartments. The site is favourably situated on Balmeg Hill off Pasir Panjang Road, and is characterised by an exclusive and tranquil setting With sea Views even from the ground level. The area is
      315 words
    • Article, Illustration
      Lock icon Successfully launched projects (Fully sold)
      147 48 Waterfall Gardens THIS lush urban retreat near the Holland Road/Farrer Road junction was well-received during its launch last month. The 132-unit freehold development will be defined by its bold and striking architecture and many recreational facilities. Tierra Vue ENCHANTING Tierra Vue, a 129-unit freehold condominium
      147 words
    • Article
      Lock icon NTUC Choice Homes
      257 49 OVERVIEW NTUC Choice Homes Co-operative Ltd was set up in November 1995 by the National Trades Union Congress (NTUC) and the labour movement. Its mission is to help more Singaporeans meet their aspirations in owning a private property by delivering quality housing at fair and affordable prices.
      257 words
    • Article, Illustration
      Lock icon TRACK RECORD
      40 49 Riviera Residences Park Green Tropical Spring Grandeur 8 Rivervale Crest and Mall Simei Green Kovan Melody 99-year Condominium. 778 units. JV with Wing Tai Holdings Ltd Greatearth Developments Re Ltd. TOP in 2006. Bishan Loft Yew Mei Green
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    • Article, Illustration
      Lock icon CURRENT PROJECTS
      169 49 Yew Tee Residences Conveniently located right next to the Yew Tee MRT Station, this luxurious private development has a shopping mall right below its residences. Within close proximity to Yew Tee Shopping Centre, Choa Chu Kang Sports Stadium, Lot 1 Shopper's Mall and the Warren Golf Country Club,
      169 words
    • Article, Illustration
      Lock icon Sim Lian Group
      346 50 OVERVIEW Sim Lian Group Limited is one of Singapore's most established property development and construction companies, backed by an outstanding track record in construction that spans three decades. The Group's evolution into an established player in Singapore's property sector was marked by its listing on the Mainboard
      346 words
    • Article, Illustration
      Lock icon MILESTONES
      209 50 Carabelle The Group's latest project, Carabelle, is a 338-unit development with luxurious condominium facilities. It was 100% sold out within one-month of its launch in April this year. The Premiere Tampines Singapore's first public housing developed by a private developer under the Design, Build and Sell Scheme (DBSS). The
      209 words
    • Article
      Lock icon FUTURE PROJECTS
      167 50 Surrey Road (Newton area) Located in District 11, this is a freehold condominium towering 28-storey high. It is within walking distance to United Square, Novena Square and close to reputable schools such as Anglo-Chinese Junior and Primary School and St Michael's Primary School. This development is expected to
      167 words
    • Article, Illustration
      Lock icon Tiong Aik
      223 51 OVERVIEW Founded in 1972 and incorporated in 1979, Tiong Aik Group of Companies is recognised as one of the most established local construction companies in Singapore. Registered with the Building and Construction Authority as an A 1 general building contractor, the group has ventured actively into the property
      223 words
    • Article, Illustration
      Lock icon MILESTONES
      156 51 The Inspira A boutique development where 120 freehold residences in a 13-storey three-winged tower stand distinctively with vivid design elements, The Inspira is a visual treat to behold. Located in a prestigious District 9 enclave in Robertson Quay and minutes to Orchard Road, The Inspira is reserved for individuals
      156 words
    • Article
      Lock icon FUTURE PROJECTS
      112 51 EstNo An address that speaks to an astute few, this exclusive development located at WHkie Road is the trendy, urban sanctuary that is as glamorous as it is discreet. Comprising 58 units with a selection of studio, 1-1-1 and 3-bedroom apartments, this is the one place where style
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    • Article, Illustration
      Lock icon UOL Group
      361 52 OVERVIEW TO most developers, buildings are just mere brick and mortar structures to house people in. For UOL Group Limited, one of Singapore's largest property developers founded in 1963, buildings are icons which reflect the group's commitment to innovation and Quality —a rare passion in this world of
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    • Article, Illustration
      Lock icon MILESTONES
      146 52 1 Moulmein Rise An award winning project reflecting UOL's mark of architecture excellence. This project won the prestigious FIABCI Prix <f Excellence Award and boasts of iconic design and stunning landscape. one-north residences A 405-unit icon of innovation in the heart of Singapore's research hub, Fusionopolis Phase 1. This
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    • Article, Illustration
      Lock icon FUTURE PROJECTS (SINGAPORE)
      125 52 Nasshn Park Site THIS project personifies UOL's constant push to redefine the living space. This time, in the prestigious and highly exclusive embassy neighbourhood in the prime TangHn area. Premier Service Apartments at Somerset SET along the busy shopping street, these meticulously crafted 16-Btorey five-star service apartments
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    • Article, Illustration
      Lock icon FUTURE PROJECTS (OVERSEAS)
      104 52 Persia ran Hampshire and Jalan Con lay (KL) AN internationally respected property group, UOL has been aggressively expanding in Asia. Two upcoming luxury residential projects in Kuala Lumpur are in the works—The 174 luxury apartments at Persiaran Hampshire, opposite the upmarket Kuala Lumpur City Centre (KLCC) and
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    • Article, Illustration
      Lock icon United Industrial Corporation Singapore Land
      216 53 OVERVIEW HAVING built a strong reputation and track record as one of the biggest commercial landlords in Singapore, the Group has recently shifted its focus to residential development and trading. The Group built its pipeline of residential developments in 2005 with six acquisitions (total: 1,360
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    • Article
      Lock icon MILESTONES
      516 53 Projects launched and fully sold in 2006 One Amber OFFERING panoramic views of the city and sea are four23-storey residential towers comprising 562 spacious apartments in total. Beautiful landscaping, coupled with an iconic clubhouse and a wide range of facilities, creates a cosy living environment that will instill a
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  • Page 32 Advertisements
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      23 32 Luxurious Homes By ALLGREEN PROPERTIES LIMITED www.allgreen.com.sg 1 Kim Seng Promenade #05-02 Great World Gty Singapore *****4 Tel: 6737 3822 Fax: 6737 8300
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      33 33 Ascendas Pte Ltd 75 Science Park Drive, j* #01-03 CINTECHII, Singapore Science Park I, Singapore *****5 i Tel: (65) *****033 3 S CG fl 0 3 S Fax: (65) 6778 4761 ascendas@ascendas.com www.ascendas.com
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      65 36 Clydesbuilt Group off Companies 809 French Road, #06-150 Singapore *****9 Tel: (65) 6296 6036 Email: clyds@pacific.net.sg Developer: Clydesbuilt Capital Re Ltd Developer's Licence No: COlOO Tenure of Land: Estate in Fee Simple (Freehold) Expected TOP Date: 31 Dec 2009 Expected Date of Legal Completion: 31 Dec 2012 Lot Mukim No:
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      26 37 23 Tai Seng Drive mflUßk The Crescendas Singapore *****4 Tel: (65) 6488 4688 Fax: (65) 6488 4666 CRESCENDAS www.crescendas.com g up Email: info@crescendas.com Business in Symphony
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      26 38 FRASERS CENTREPOIKiT Frasers Centrepoint Limited Alexandra Point, 438 Alexandra Road #02-00, Singapore *****8 Tel: (65) 6273 2122 A member of the mJm FRASER AND NEAVE GROUP
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      24 45 IKoh Brothers Development Pte Ltd 11 Lorong Pendek, Koh Brothers Bldg Singapore *****9 Tel: (65) 6289 8889 r«ST" Fa*: (65) 6841 5100 ITD www.kohbrothers.com
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      19 47 n Lend Lease is passionate about safely I creating, building, managing and owning 0 inventive and sustainable people places.
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      24 47 510 Thomson Road, SLF Building #07-02 Singapore *****5 iMIfl IP9CA Te1:(65)*****116 LdlU Least* Fax: (65) 6259 9077 www.lendlease.com For employment enquiries, please email Singapore.hr@lendlease.com.au
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  • FOREIGN DEVELOPERS
    • Article, Illustration
      Lock icon Bandar Raya Developments
      263 54 OVERVIEW Bandar Raya Developments Berhad (BRDB) is one of Malaysia's most reputable companies, with strengths in high-end property development, property investment and manufacturing. Established as a property developer since 1964, BRDB is one of the oldest property firms listed on the Kuala Lumpur Stock Exchange. Its success
      263 words
    • Article, Illustration
      Lock icon MILESTONES
      174 54 Bangsar Hill With just 31 luxurious bungalows, Bangsar Hill is one of BRDB's most luxurious developments. It consists of spacious, finely finished homes set within a quiet hillside enclave. Launched in 2002, these super bungalows have received wide acclaim. Bangsar Shopping Centre BRDB's Bangsar Shopping Centre (BSC), a perennial
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    • Article, Illustration
      Lock icon CURRENT PROJECTS
      185 54 Troika Positioned as Malaysia's first branded condominium, The Troika is designed by globally-celebrated architects Foster Partners. Scheduled for completion in 2009, the Troika has attracted buyers from around the world, putting Malaysia firmly on the global luxury residences map. There is luxury in every touch, with solid timber
      185 words
    • Article, Illustration
      Lock icon Dandara
      194 55 OVERVIEW Dandara is a major UK-based property developer, its portfolio ranges from private home developments, all the way to large-scale residential and commercial projects. Beginning with its establishment in 1988 in The Isle of Man, it has moved forward with a commitment to building innovative and design-led projects. The
      194 words
    • Article
      Lock icon MILESTONES
      160 55 Governors Hill This was the largest development in Europe at the time it was built, and comprised 1,000 affordable! new homes. There were 805 one, two, three and four-bedroom homes on a 3 72-acre site, a new primary school, and an 82-bed nursing home with 32 sheltered housing units
      160 words
    • Article, Illustration
      Lock icon CURRENT PROJECTS
      357 55 Spectrum, Minchettw This city development comprises studk>, and one- and two-bedroom apartments, in an environment of urban convenience combined with the tranquility of landscaped gardens. Spectrum is oniy 470 metres from Harvey Nichols Seffridges. Spectrum is the ideal location for those who wish to live, work and play
      357 words
    • Article, Illustration
      Lock icon Gamuda Land
      585 56 OVERVIEW GAMUDA Land is the property development arm of Gamuda Berhad, a company listed on the main board of the Bursa Malaysia with an annual turnover of RMI.4 billion (***** million) and a market capitalisation of about RM7.7 billion. Gamuda is amongst the largest infrastructure and property development
      585 words
    • Article, Illustration
      Lock icon MILESTONES
      376 56 noifl nemumng j MAIDEN Township project I through a strategic f partnership with DRB-HICOM Launched in April 1995 1,820 acres with a GDV of RM3.2 billion (Ssl.4 billion); *95 per cent completed First Developer to transform an idle piece of swamp land into an l award-winning Residential Wetland Development
      376 words
    • Article, Illustration
      Lock icon CURRENT PROJECTS:
      600 57 Horizon Hills STRATEGIC partnership with UEM Land, Master Developer of Nusajaya, a key catalyst development within the Iskandar Development Region, a Government-Private Sector collaboration to promote investments and developments under the Ninth Malaysia Plan Located in the heart of Nusajaya, Horizon Hills plays a pivotal role as the
      600 words
    • Article, Illustration
      Lock icon Leisure Farm Resort
      275 58 OVERVIEW Mulpha International Bhd is a diversified conglomerate and a component stock of the Bursa Malaysia Composite Index. Listed on the Main Board of Bursa Malaysia Securities Berhad since 1983, it has shareholders' fund of about RM2 billion.The Group's focus is on real estate and property-related services
      275 words
    • Article, Illustration
      Lock icon MILESTONES
      324 58 Leisure Farm Resort Residences Leisure Farm Resort Residences is a freehold integrated resort residential scheme that is strategically located within the Iskandar Development Region in Johor. It is a leisurely 15-minute drive from Tuas, Singapore via the Second Link Expressway, 20 minutes from Johor Bahru City Centre and the
      324 words
    • Article, Illustration
      Lock icon CURRENT PROJECTS
      486 58 Bayou Water Village Homes Step into a tranquil traditional setting, amidst 17.58 acres of undulating hills in a tropical surrounding. Bayou Water Village is a part of the Canal Precinct, or the Body centre that is intertwined with D'Rimbunan the village and the Bale Equestrian Country Club, forming
      486 words
    • Article, Illustration
      Lock icon Mah Sing Group
      360 59 OVERVIEW 'Mah Sing Group will continue to build homes, create lifestyles and establish townships for many generations to come. Serving with our hearts, we are committed to enhancing the lives of everyone we touch, maintaining our position as a premier lifestyle developer.' Dato' Leong Hoy Kum, Group
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    • Article
      Lock icon Klang Valley MILESTONES
      300 59 JUST about every landscape feature imaginable has been weaved into this high-end development with its open fields, plazas, strolling paths, textured driveways and fitness stations. Located near golf courses and schools, the spacious bungalows and semi-dees allow for private space within a larger resort setting. Kemunlng Residence,
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    • Article, Illustration
      Lock icon Johor projects MILESTONES
      215 59 Sri Pulal Pordana, Skndal ABOUT 20 km out of the Johor Bahru city centre is Sri Pulai Perdana, Mah Sing Group's flagship project in Johor Bahru. A self-contained township with residential and commercial units, it features a large recreational park and dedicated services in the form of
      215 words
    • Article, Illustration
      Lock icon S P Setia
      416 60 OVERVIEW AWARDS Our commitment to excellence has won us worldwide recognition. In 2005 2006, S P Setia was named Malaysia's No 1 property developer by UK-based Euromoney magazine and The Edge, Malaysia's leading business weekly. In 2006, two of our projects also garnered two major awards in
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    • Article, Illustration
      Lock icon MILESTONES
      97 60 Located in Shah Alam, SetiaAlamis an integrated development spanning over 2,500 acres of freehold land. It consists of residential, commercial and institutional parcels and is well supported by functional features and facilities that combine an eco-sensitivity that is truly "in touch with Nature". Tfepifcft This evolutionary township is a
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    • Article, Illustration
      Lock icon CURRENT PROJECT
      439 60 Su/Ua Eco Park, Sri—gar This ground-breaking development woven around an eco theme has redefined the Malaysian residential landscape. Setia Eco Parte sprawls over nearly 800 acres of gently undulating terrain next to the Bukit Cahaya Agricultural Park in Shah Alam, Selangor. Launched in 2004, Setia Eco Park will
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    • Article, Illustration
      Lock icon FUTURE PROJECTS
      853 61 S«tfta City, Selangor Setia City is planned as the biggest integrated commercial and retail development in the Klang Valley. Located at the heart of S P Setia's flagship development, Setia Alam, this 150-acre architectural landmark will inject new dynamism into the commercial and retail scene in Malaysia. S
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    • Article, Illustration
      Lock icon Sunrise
      257 62 OVERVIEW SUNRISE Berhad has many accolades to burnish its reputation as an award-winning property developer in Malaysia. The high-end residential properly developer has been ranked No 1 in the Top Ten Malaysian Property Developers four times, and was FIABCI Malaysia Property Award winner thrice. The company was also among
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      311 62 MonfKiara Damal Mont'Kiara Damai was targeted primarily at established families who desire a spacious resort lifestyle as it offers roomy sizes that give a "bungalow in the sky" feeling. With its superior level of finishing and excellent facilities, it is an unabashed celebration of the good life. Already fully
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      Lock icon CURRENT/FUTURE PROJECTS
      343 62 Eleven® MonfKlara This is Sunrise's latest six-star luxurious condominium in the Sunrise MonfKiara Integrated Global Village. This prestigious condominium reflects the finest in resort lifestyle. Combining space and luxury living, Eleven O MonfKlara only has one or two units per floor. Each floor is served by three lifts.
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      Lock icon Sunway City
      568 63 OVERVIEW RESPONSIBLE for Malaysia's first Integrated Resort constructed within Kuala Lumpur itself, which won several international awards, Sunway City Berhad is today regarded as one of the most sophisticated and diverse real estate developers in the country. Sunway City is part of the Sunway Group, which was established
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      Lock icon UPCOMING PROJECTS
      117 63 Sunway Towers (right) The business nucleus of the Sunway Integrated Resort City, the four office towers is set in the heart of the fast-growing Klang Valley, less than half an hour away from downtown Kuala Lumpur and KL International Airport; The towers are designed with the automation systems
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      187 63 Sunway Lagoon Resort Malaysia's only IR will climb a few more notches as new expansion gets junderway. The Sunway Pyramid Mall is constructing an extra 700,000 sq ft of net retail space to make it one of the largest shopping malls in Kuala Lumpur, with 1.6 million sq ft
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      64 56 Gamuda Land's development philosophy centres on reliable delivery of superior homes and creation of an enriched residential community in all its development projects. The company adheres to four guiding principles Safety Security, Community Amenities, Healthy Lifestyles and Design Quality. Gamuda Land is also the first developer in Malaysia to practice
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      31 57 £§> GAMUDA LAND ENRICHING LIFE Gamuda Land No 54-58, Jalan SS22/25 Damansara Jaya ***** Petaling Jaya Selangor, Malaysia Tel: (60) 3-5122 1055/(60) 7-511 2282 Fax: (60) 3-5122 1050/(60) 7-511 6281 info@gamudaland.com.my www.gamudaland.com.my
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      52 58 Leisure Farm Corporation Sdn Bhd (a wholly owned subsidiary of Mulpha International Bhd) Johor Leisure Farm Corporation Sdn Bhd D'Rimbunan-the village, 8 Jalan Peranginan, Leisure Farm, ***** Gelang Patah, Johor Tel: (607) 556 3003 3136 www.leisurefarm.com.my Singapore MIB Pte Ltd Property Division 51 Goldhill Plaza, #12-02/03/04, Singapore *****0 Tel: (65)
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      17 58 Klang Valley Mulpha International Bhd 17 Jalan Semangat, ***** Petaling Jaya Selangor Tel: (603) 7957 2233 www.mulpha.com.my
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      2 58 m mS
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      30 59 ■Bl jl. m ®j miwjA Ml E 2 amc HIJAUAN P rH^J£? N mjaaasi perdana kemuningresidence re V, D ence RESIDENCE BS* SIERRA J residence ShohAionn che«*s @cheras ft PERDANA
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      28 59 A Premier Lifestyle Developer ml MAM SIMO GROUP Mah Sing Group Berhad Wisma Mah Sing Penthouse Suite 1 163, Jalan Sungai Besi ***** Kuala Lumpur Tel: 03-*****888 www.mahsing.com.my
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      36 61 S P Setia Bhd y Builder of Distinction Wisma S P Setia 1, Jalan Bandar Satu Pusat Bandar, Puchong Puchong ***** Selangor, Malaysia Tel: (603) 5882 2000 SP SETIA BHD CROUP Fax:(603)5882 1230 corp@spsetia.com.my www.spsetia.com.my www.setiahomes.com
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      30 62 Sunrise Berhad JMWjk, Penthouse, Wisma Sunrise, Plaza flriH Mont'Kiara, No 2 Jalan Kiara, Mont'Kiara, ***** Kuala Lumpur, Malaysia CITNIMCIJ Tel: (603) *****288/603-2093 7777 Fax: (603) *****000 Them's Only One- sunrise@sunrisebhd.com
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      28 63 SunwayCityßhd Lobby, Menara Sunway Jalan Lagoon Timur Bandar Sunway ***** Petaling Jaya Sunway City Berhad Selangor Darul Ehsan Malaysia Tel: (603) 5639 9000 Fax: (603) 5639 9955 www.sunwaycity.comenquiry@sunway.com.my
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  • MARKETING AGENCIES
    • Article, Illustration
      Lock icon Austpac PRD Realty
      235 64 OVERVIEW PRDnationwide was established in Australia in 1976 its name standing for Property, Research and pevelopment. I* Austpac PRD Realty operates in Vsia as part of the PRDnationwide Network. With offices in Singapore, Malaysia, ndonesia, Thailand, and Hong Kong, \ustpac PRD Realty is one of the most
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      321 64 LOCATED in Gold Coast, Queensland, Australia, it is the world's first Versace Hotel. The extension of fashion icons Gianni and Donatella Versace's signature into the luxury resort market. Palazzo Versace is an evolution of the Versace lifestyle. Vaulted ceilings are hand-detailed in gold. The finest marbles and mosaics have
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      376 64 Lighter Quay THIS award-winning waterside development crowns the Viaduct Harbour on Auckland's pristine waterfront. Located on the site of the syndicate bases used by the various teams competing in the prestigious Americas Cup—the most famous regatta on the sailing calendar and designed around a private marina, Lighter Quay
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      Lock icon Colliers International
      296 65 OVERVIEW SPANNING the world with over 10,000 employees in 266 offices in 56 countries, Colliers International is a global partnership of real estate companies with unparalleled knowledge and expertise across a full range of property services. In the Asia-Pacific region, Colliers International is owned by the Colliers Macaulay
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      493 65 A total solutions provider Colliers International's business covers the entire spectrum of real estate services ranging from general agency services to specialised support services such as asset management, consultancy and valuation. Its range of capabilities includes: Asset management It adds value by offering clients an integrated asset
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      241 65 REITS Colliers International's network of offices world-wide has allowed the company to leverage on the international perspective while applying a strategic presence locally. This presence allows the firm to provide a comprehensive range of property-related services essential to the establishment and management of Real Estate Investment Trust (REIT). Colliers
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      Lock icon CB Richard Ellis Singapore
      264 66 OVERVIEW CB RICHARD ELLIS Singapore, a key player in the CB Richard Ellis Asia Pacific network of more than 70 offices, grew from a merger with CH Williams (Re) Ltd which was established in 1958. The property firm's clients owners, investors and occupiers of real estate
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      343 66 CB Richard Ellis (CBRE) is the world's largest real estate services firm in 2006 in terms of market value. Its Singapore branch, CBRE Singapore, was a major contributor to CBRE Asia Pacific's nearly 50 per cent revenue growth in the first quarter of 2007, compared to the
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    • Article, Illustration
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      291 66 CBRE Singapore's many arms performed welt in 2006. The Parisian THE team successfully handled the sale of The Parisian for $227 million through a collective sale. Tsmaaek Tower CBRE's Investment Properties team handled the sale of Temasek Tower, Singapore's largest office property transaction to date. The tower, which was
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      Lock icon Retail Services
      291 67 THE firm's Retail Services team is the leading marketing agent for major retail developments including: Velocity Novena Square A BRAND-NEW shopping experience comes to Novena Square with a new $22 million three-storey wing. The mall now has a whole new tenant mix with a strong focus on sports,
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      299 67 Office Services THE Office Services team has maintained its market-leading position in occupier and landlord services. Marina Bay Financial Centre: Appointed sole agency CBRE's Office Services team secured the sole marketing agency for the most significant future office development in Singapore in 2006 —the Marina Bay Financial Centre (MBFC).
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      Lock icon Residential Project Marketing
      79 67 CBRE's Residential Project Marketing team holds the dominant position in marketing high-profile residential projects including: Refections at Keppel Bay Solitaire Sixth Avenue Residences The Coast One Amber Casa Merah Reflections at Keppel Bay: Iconic waterfront project that is attracting the attention of investors all over the world
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      Lock icon Credo Real Estate
      469 68 OVERVIEW Established just five years ago by founder and managing director Karamjit Singh, Credo Real Estate, has become a market leader in collective or en bloc sales. According to Mr Singh, the firm was set up with the objective of focusing on real estate investment sale transactions,
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    • Article, Illustration
      Lock icon MILESTONES
      96 68 Collective Sales Successfully sold 34 collective sale deals in the last 29 months, including: Sale of White House Park Apartments along Stevens Road for Asia General Holdings. The combined sale of five projects to a big local developer for $237.8 million Lock Cho Apartments, Comfort Mansions, Jalan Raja Udang
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      Lock icon CURRENT PROJECTS
      66 68 Fairer Court (above) The mother of all en blocs, as the 838,000 sq ft site is expected to yield over 2 million gross floor area, possibly the island's biggest condominium site. Closing on June 27,2007. Elizabeth Heights on Calrnhill Road (left) Closing on May 25,2007 for between $570
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      Lock icon DST International
      124 69 OVERVIEW DST International is a premier property services company established in 1998 to market new and refurbished residential and commercial properties around the world. Its portfolio encompasses choice locations in London, New York, Australia, New Zealand, Paris, Dubai, Shanghai, Bangkok, Bali, Phuket and Singapore. It works closely with
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      Lock icon FUTURE PROJECTS
      267 69 HMUadnarkwabe tench Mag tfea mikni* May 25-27 at Sir Hury Kepp«l The Plaza, New York For nearly a century, many of New York's most cherished and memorable moments have been celebrated at The Plaza. Today, this grand icon at Fifth Avenue and Central Park South is being preserved
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      826 69 Since DST International's founding, they have represented numerous well-known developers around the world and successfully marketed landmark projects to their loyal internationallybased clientele. Most importantly, their buyers have all bought investments that made good returns. Tramp International Tower Hotel, New York, USA In addition to being a luxury hotel,
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      Lock icon DTZ
      343 70 OVERVIEW DTZ is a global real estate adviser, working with clients to create leading-edge property, investment and business solutions worldwide. The company constantly reviews its performance to ensure that its jportfolio of first-in-class services fexceed its clients' needs. DTZ has a global resource of 10,000 staff in 200 offices
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      Lock icon MILESTONES
      279 70 THE company has many sterling achievements under its belt recently, including: Singapore Investment THE Investment team put up eight properties for collective sale, all of which have been sold to the tune of $2.4 billion between January and April 2007. The biggest is the collective sale of Leedon Heights
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      177 70 IN SINGAPORE, DTZ has to date undertaken valuations of property worth more than $30 billion annually. It has also managed over seven million sq ft of space and provided project management services for developments and buildings worth more than $300 million. DTZ has sold and leased more
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      Lock icon MILESTONES
      315 71 Malaysia Investment DTZ was key in concluding the largest ever single private property transaction in the history of Malaysia —the RM76O million investment deal on City Square centre in Kuala Lumpur. Residential THE team launched 205 units in Pavilion Residences' Tower 2 in May 2006, and all units were
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      Lock icon ERA
      179 72 OVERVIEW ERA, a global leader, has more than 3,000 offices in over 43 countries. CfIKMbMHN Afubtf BAflflWii C®ynwi Mindii Jsmßicii Puerto Rtao, H» Turto A Catoot Wands OmM Mmmt&m Com Rice IMiAMHafli Unlad Stales of Amarioa Afrlm Bouth Africa lurepsi Austria, Belgium, Bulgaria, Cyprus, Czaoh Republic, Finland, Ranoa, Germany,
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      Lock icon MILESTONES
      111 72 ERA, setting the industry standard by being the first real estate company to: 1982: Provide professional real estate training 1986: Conduct weekly real estate career seminars. (For registration, please call 6226 2000 or visit www.ERA.com.sg/career) 1989 1990: Provide a home protection plan for HDB private properties 1994: Achieve SISIR
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    • Article
      Lock icon SUITE OF SERVICES
      28 72 Project Marketing HDB and Private Residential Resale Residential Leasing Investment Sales Business Space Valuation Property Management Project and Facilities Management Research and Consultancy International Franchising
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    • Article, Illustration
      Lock icon Ivy Lee Realty
      286 73 OVERVIEW IVY Lee is well-known for her ability to meet sales targets at an amazing speed with an average of 80 per cent of projects sold within the time frames targeted by developers. Ms Lee and her team at Ivy Lee Realty are also reputed for providing
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      Lock icon PROJECTS / EN BLOCS MARKETED BY IVY LEE REALTY
      196 73 PROJECTS EN BLOCS MARKETED BY IVY LEE REALTY IVY Le© and her firm are known for selling properties by the block, a trait that has endeared the team to many developers and buyers. Ivy Lee Realty has successfully marketed close to 100 projects/en bloc sales. Projects marketed: Adam Park Condominium
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      Lock icon TESTIMONIALS
      662 73 'Ivy Lee leads a team of property agents who are all personally trained by her. They are enthusiastic and resourceful sales professionals.' Philip Ng, Chief Executive Officer, Far East Organization 'I do not know Singapore much. But, Ivy Lee has impressed us with not just her charm and beauty
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      Lock icon Knight Frank
      292 74 OVERVIEW Global Enterprise, Local Perspective KNIGHT Frank Singapore is part of the largest privately held integrated global advisory firm, which has a powerful network of 5,300 people in more than 165 offices across 37 countries around the world. The firm offers the most up-to-date intelligence on residential and
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      Lock icon SUITE OF SERVICES
      2158 74 KNIGHT Frank's various divisions have recorded many significant achievements, including: Investment Sales: Maximising value for clients KNIGHT Frank goes beyond assisting investors to buy or sell investment properties. The firm helps them make better decisions by providing investment analyses and giving them options to maximise value. For
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    • Article
      Lock icon MILESTONES
      314 75 Valuation for every purpose IN 2006, Knight Frank carried out property valuations with a combined asset value of $41.3 billion for a whole range of purposes, including: Mortgage for all property types including residential, commercial, industrial, hotel, development sites Portfolio valuations for financial reporting and other purposes Reits, public
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    • Article, Illustration
      Lock icon Savills Singapore
      425 76 OVERVIEW SAVILLS has established itself as one of the world's leading property it advisors, with over 15,800 staff in more than 160 offices fthroughoutthe UK, Europe, Asia and Africa. The group has a market capitalisation of US$l.B billion and a listing on the London Stock Exchange. As one
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      Lock icon SUITE OF SERVICES
      403 76 SAVILLS Singapore employs over 90 professional staff and operates the following main business lines: Investment Seles The single ownership structure with associates and offices around the world places Savills in a unique position to offer investors a one-stop shop for global property investment We are able to
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    • Article, Illustration
      Lock icon MILESTONES
      300 76 LOCAL ACHIEVEMENTS Investment silot Collective sales Hillcourt Apartments Silver Tower NassimPark Westpeak Condominium Strata Title Office Space/Commercial Building Suntec City strata floors Anson House HB Building Central Clarke Quay Advisory, Valuation Jk Consultancy Services Advised over Ss3 billion worth of properties Residential Sales Condominium One North Residences Tribeca OneJervois
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      29 65 Our Knowledge is your Property Colliers International *50 Raffles Place #18-01 Singapore Land Tower Singapore *****3 Tel (65) 6223 2323 Fax (65) 6222 4901 www.colliers.com/singapore RCB No. 1989 *****R
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      30 69 "dst^ international Specialist in Property Consultancy DST International Property Services Re Ltd 3 Shenton Way #10-08 Shenton House Singapore *****5 Tel (65) 6223 9119 Fax (65) 6225 3165 sales@dstproperty.com www.dstproperty.com
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      44 72 HUB ERA ERA Singapore 743 Lorong 5 Toa Payoh HersingHub Singapore *****7 Tel: (65) 6226 2000 Fax: (65) 6220 0066 www.erasingapore.com ERA is a wholly-owned subsidiary of Hersing Corporation Ltd, a brand manager and service provider that is listed on Singapore Exchange's main board.
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      29 73 Ivy Lee Realty PWWWSS Ivy Lee Realty Re Ltd 111 North Bridge Road j #11-06 Peninsula Plaza Singapore *****8 Tel: (65) 6323 2232 Fax: (65) 6372 1132 ivyleerealty@pacific.net.sg www.ivyleerealty.com.sg
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      38 76 Savills Singapore Pte Ltd No 2 Shenton Way, #17-01 SGX Centre 1, Singapore *****4. Tel: (65) 6536 5022 GQ\/jl|Q Savills Residential Re Ltd OG VI HO 350 Orchard Road, #12-01 Shaw House, ■—Singapore *****8. Tel: (65) 6836 6888
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  • REITS
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      Lock icon Ascendas Real Estate Investment Trust
      119 77 OVERVIEW As the first business space and industrial Reit listed here, Ascendas Real Estate Investment Trust (A-Reit) has grown significantly to become the largest business and industrial Reit in Singapore. As at March 31,2007, it has a diversified portfolio of 77 properties valued at $3.3
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      259 77 With a high quality and well-diversified portfolio of properties in Singapore, A-Reit maintains strong discipline in pursuing quality and sustainable yield accretive acquisitions and value-creating development opportunities. A-Reit maintains its position as the market leader in the business space sector in Singapore. For example, A-Reit has a 38 per
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      Lock icon FINANCIAL PERFORMANCE
      184 77 With improving market conditions, strong occupancy improvement and positive rental reversions were recorded in the last year, particularly for the business science Parks sector and the hi-tech industrial sector which saw the highest average rental reversion of 13.1 per cent and 18.5 per cent respectively in FY2006/07. Since
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      Lock icon PORTFOLIO
      406 77 A-neii rocuses on six major suD-sectors: Dusiness and science parks properties (20 per cent of its portfolio), hi-tech industrial properties (25 per cent), light industrial properties (16 per cent), flatted factory space (8 per cent), logistics and distributions centres (27 per cent) as well as warehouse retail facilities (4
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      Lock icon Cambridge Industrial Trust
      176 78 OVERVIEW CAMBRIDGE Industrial Trust (CIT) is the first independent industrial Real Estate Investment Trust (REIT) in Singapore. CIT consists of a portfolio with 29 diversified assets, ranging from logistics and warehousing to light industrial properties, all of which are located in strategic key industrial zones. The initial
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      Lock icon FINANCIAL HIGHLIGHTS IN 1Q2007 RESULTS
      186 78 Annualised DPU of 5.816 cents exceeded the FY2007 forecasted DPU of 5.120 cents by 13.6 per cent. Annualised yield of 7.09 per cent based on closing price of 550.82 as at March 30,2007. GROWTH POTENTIAL CIT's yield of 7.09 per cent as at March 30,2007,
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      Lock icon COMPETITIVE STRENGTHS
      534 78 The properties are 100 per cent occupied by a diversified tenant base from various trade sectors. Fixed rental escalations are built into the lease structure to provide unitholders with a stable and growing income stream. The long lease terms that range from 5 to 10 years, provide additional
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      28 77 Ascendas Real Estate Investment Trust 75, Science Park Drive, m #01-03 CINTECH II P" S'pore Science Park 1 I ftal I J Singapore *****5 Tel: (65) 6774 9152
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      26 78 MfZ CAMBRIDGE INDUSTRIAL TRUST Cambridge Industrial Trust Management Limited 61, Robinson Road #12-01 Robinson Centre Singapore *****3 Tel: (65) 6222 3339 Fax: (65) 6827 9339 www.CambridgelndustrialTrust.com
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