The Business Times, 1 April 2010

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Total Pages: 40
1 40 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Thursday, April 1,2010
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  • 759 1  -  Newly-formed Malay rights group Perkasa hints at resistance By S JAYASANKARAN, PAULINE NG in Kuala Lumpur MANY Malaysians agree that the proposed New Economic Model (NEM) is needed to stem the country’s decline but some doubt if Prime Minister Najib
    759 words
  • 153 1 ST INDEX 2,887.46 (-45.93) ST INDEX FUTURES 2,871 (-62) SIMSCI 342.72 (-7.05) KL NIKKEI HANG SET JAKARTA MANILA SEOUL SHENZHEN MUMBAI DOW NASDAQ SIMSCI FUTURES 340.00 (-10.00) PRIME FOREX US$ S$ US$ (S$ per US$) 1.401 (US$/S$ per 1.510 2.115 EURO (US$/S$/E) 1.343 1.881 Foreign currency per US$
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  • 669 1  -  Contract to maintain engines for India’s Jet Airways may open more doors By VEN SREENIVASAN [SINGAPORE] ST Aerospace, the world’s largest independent maintenance, repair and overhaul (MRO) player, has clinched one of its largest engine maintenance contracts ever. The ST Engineering
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  • Page 1 Advertisements
    • 129 1 BizIT Launch of OneMap set to spur innovation PAGE HOCK LOCK SIEW Hard lessons all round PAGE 8 SGX WARNING Do not front-run, brokers told OPINION Was ‘the Japanese way’ better, after all? PAGE 26 PAGE 6 PROPERTY Marginal fall in prime office rents in Q1 PAGE 38 Industrial rents
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  • TOP STORIES
    • 525 2 ST Aero beats 10 rivals to clinch US$750m deal ST AEROSPACE, the world’s largest independent maintenance, repair and overhaul player, has clinched one of its largest engine maintenance contracts ever. The ST Engineering company yesterday announced that it had been awarded a US$750 million engine maintenance contract with
      525 words
    • 529 2  -  OCBC economist sees trend continuing for next couple of months By CONRAD TAN [SINGAPORE] Bank lending expanded in February for the fourth straight month, amid growing confidence among banks and borrowers in the economic outlook. Total Singapore-dollar bank lending here rose 0.5 per
      529 words
    • 424 2  -  By WINSTON CHAI [SINGAPORE] An intended benefit of government intervention may not materialise after all, as Singapore’s largest pay-TV operator says that content acquisition costs could stay high despite the new cross-car-riage ruling. “It doesn’t mean that once (content) is non-exclu-sive, it (prices) will
      424 words
    • 358 2 LATEST US DATA Bloomberg [NEW YORK] Orders placed with US factories rose in February for the 10th time in the past 11 months, while inventories and backlogs climbed by the most in more than a year, a sign factories will keep leading the economic
      Bloomberg; BLOOMBERG  -  358 words
    • 342 2 AFP [SYDNEY] Australian mining giant Rio Tinto turned to US elder statesman Henry Kissinger for help in building bridges with China following the jailing of four of its employees, it was reported yesterday. Former secretary of state Mr Kissinger, 86, has been
      AFP  -  342 words
    • 590 4  -  Protesters growing frustrated, want parliament dissolved by April 12 By LEE U-WEN [SINGAPORE] With Thailand’s New Year celebrations just 11 days away, an-ti-government protesters have vowed that this weekend’s rallies would be the “biggest ever” as they turn up the heat on
      REUTERS  -  590 words
    • 604 4 Mustafa fined for unauthorised use of facility as a store [SINGAPORE] Retailer Mustafa pleaded guilty yesterday to unauthorised commercial use of its Mustafa Warehouse building on Kallang Pudding Road. It was fined $10,000 by the Subordinate Courts. The maximum penalty for a planning offence under
      FILE PHOTO  -  604 words
    • 811 4 Reuters [BUCHAREST] Leaders of the Group of 20 countries and the International Monetary Fund urged governments on Tuesday to redouble efforts in tightening up financial rules as some countries lag in curbing bank pay. World leaders congratulated themselves in Pittsburgh last September
      Reuters  -  811 words
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  • Page 4 Advertisements
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  • COMPANY NEWS
    • 354 6  -  Brokers also cautioned against trading ahead of pending married trades By JAMIE LEE THE Singapore Exchange (SGX) has warned brokers against profiting from inside information of pending customer orders. SGX highlighted the practice of front-running a trading misconduct that occurs when a broker does a
      354 words
    • 728 6  -  Sentiment boosted slightly as EU, IMF agree to aid Greece By JAMIE LEE SINGAPORE’S market capitalisation crept up 1.89 per cent over the first quarter of the year to end at $702.8 billion yesterday. But the market value posted in
      728 words
    • 640 6  -  By LYNETTE KHOO BELEAGUERED firm Zhonghui Holdings has entered into an in-principle agreement to acquire a Chinese tyre maker for 535 million yuan (S$109.5 million) in a reverse takeover (RTO) deal. While this potentially offers Zhonghui a second life and an exit from judicial
      640 words
    • 683 8  -  HOCK LOCK SIEW By WONG WEI KONG THE forced delisting of several struggling companies from the Singapore Exchange (SGX) has become the latest controversy in the market. While views will remain divided, what’s clear is that for both the exchange and investors, there are lessons to be
      683 words
    • 607 8 Challenge is entering not just one market but 15, analysts say AFP [NEW DELHI] Indian telecoms tycoon Sunil Bharti Mittal has finally achieved his dream of breaking into the African market with a US$10.7 billion deal to buy Kuwait-based Zain’s Africa
      AFP; REUTERS  -  607 words
    • 678 11  -  It plans to boost stock of steel struts as builders’ demand remains strong By VEN SREENIVASAN COMING into the new year with an order book of some $492 million, specialist infrastructure steelworks company Yongnam Holdings reckons it can clinch at
      678 words
    • 161 11 Bloomberg [SYDNEY] Peabody Energy Corp, the biggest US coal company, offered A$3.3 billion (S$4.2 billion) in cash for Australia’s Macarthur Coal Ltd to benefit from rising demand in China, where imports tripled last year. The unsolicited A$13-a-share bid sent shares in Brisbane-based Macarthur surging
      Bloomberg  -  161 words
    • COMPANY BRIEFS
      • 83 11 CHINA-BASED Debao Property Development is seeking a Singapore mainboard listing. The developer of residential and commercial properties in Foshan plans to raise net proceeds of $47.93 million. It will issue 138 million shares at 43 cents each. Of these, there will be 125 million new
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      • 54 11 JAPAN Land has warned that it expects to report a net loss for the nine months ended Feb 28. This follows a preliminary review of the group’s performance. The group also expects “to show losses arising from its underlying business operations for the full
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      • 38 11 BOUSTEAD Singapore’s subsidiary, Boustead Projects Pte Ltd, has been awarded a $40 million contract from Cenco Inc to design-and-build an integrated test bed facility. Cenco is a supplier of jet engine test cells.
        38 words
      • 51 11 NERA Telecommunications has won two orders worth $21.6 million. It won a $12.4 million order for the supply, delivery and installation of microwave radio equipment to a mobile operator in Indonesia and a similar $9.2 million deal from a government organisation in
        51 words
      • 34 11 THE manager of CapitaCommercial Trust said yesterday that the limit for the trust’s multi-currency medium term note programme has been raised to $2 billion from $1 billion.
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    • 204 11  -  By JOYCE HOOI CIMB Bank Bhd, Singapore, has given a revolving credit facility to Mapletree India China Fund Ltd (MIC Fund) for up to US$100 million over a period of three years. The MIC Fund, which is a dual-country total return fund focusing
      204 words
  • Page 6 Advertisements
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      3,070 words
    • 83 6 Kinki Rocks At Kuriya Dining for the month of April the highly-prized Kinki fish from Hokkaido. Enjoy its sweet fatty flesh as it melts in your mouth. Available as Shioyaki (grilled with salt) or Nitsuke (simmered). > I not-to-be-missed price of $78.80 for a whole Kinki fish. 4 Offer is
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  • Page 7 Advertisements
    • 262 7 I ;V IzSiSsk M afessl il'i'l > i K II ii £3M WSmmmm Mmrniim mJmsS^aaSmSkSBSl msBsm 0^9 "waSfflg KONG n< MM N yoR L f SINGAPORE n SENTOSA COVE BARCELONA THE RESIDENCES WORLDWIDE WOW. NOW Atlanta... Boston... Chicago... Dallas... Fort Lauderdale... Hoboken... Hollywood... Los Angeles... Mexico City... Miami... Minneapolis... Montreal...
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  • Page 8 Advertisements
    • 2484 8 CHINA KANGDA FOOD COMPANY LIMITED Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the annual general meeting of CHINA KANGDA FOOD COMPANY LIMITED (the "Company") will be held at Boardroom V, Ground Floor, Renaissance Harbour View Hotel Hong Kong, 1 Harbour Road, Wanchai, Hong Kong on Thursday, 29
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    • 1486 8 m;* STORAGE /^WORLDFRANCHISE OPPORTUNITIES AVAILABLE IN SINGAPORE Originating in Australia, Howards Storage World® is a retail operation offering space saving organisational products for the home office. I This fast growing Award winning franchise is expanding internationally! with Stores now operating in Australia, Singapore, New Zealand, The Middle East, Spain, Ireland,
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  • Page 9 Advertisements
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  • SINGAPORE MARKETS
    • 553 10  -  Speculative interest in potential and actual Hong Kong dual listings also runs out of steam STOCKS R SIVANITHY Senior Correspondent ACASE of “buy in anticipation of Q1 win-dow-dressing on March 31 and sell on the day itself?” Perhaps not surprisingly given that there
      Source: Bloomberg  -  553 words
    • 4 10 DAILY
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    • 64 10 Mar 31 VALUE CLOSE BT OB/OS 37.00-324.00 BT CADI -*****.00-163.00 BT 10-day MA -*****.00 +3.00 FTSE ST Mid Cap 693.81 -10.48 FTSE ST Small Cap 558.70 -6.64 FTSE ST All Share 712.88 -11.08 FTSE ST China Top 281.71 -4.17 FTSE ST China 304.38 +1.23 FTSE ST Catalist
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    • 186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 8 6 0 0 0 4 8 6 Manufacturing 40 92 73 1 6 21 41 98 94 Commerce 17 27 27 5 3 5 22 30 32 Tpt/Stor/Comms 7 27 9
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    • BROKERS’ TAKE
      • 376 10 March 31 close: $4.80 DMG RESEARCH, March 31 INITIATE coverage with “buy” at $5.30. We are initiating coverage of Fraser and Neave (F&N) with a “buy” rating and target price of $5.30, pegged at parity to our sum-of-the-parts valuation, which implies 12 per cent upside potential
        Source: Bloomberg  -  376 words
      • 460 10  -  Compiled by JOYCE HOOI Neptune March 31 close: $2.01 DBS GROUP RESEARCH, March 31 NEPTUNE Orient Lines (NOL) should ride the crest of recovery. Year-to-date, container rates and volumes have both made a strong comeback, with rates on Asia-Eu-rope routes now about 70 per cent higher
        460 words
    • 120 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN SDQ TOTAL Multi Ind 32,282 32,282 133,019 133,019 Manufacturing 440,698 28,729 469,427 356,903 1,504 358,407 Commerce 271,143 20,034 291,177 185,971 6,247 192,218 Tpt/Stor/Comms 131,116 1,500 132,616 279,869 193 280,061 Finance 57,950 3 57,953 392,916 392,916 Construction 34,718 1,453 36,171
      120 words
    • 113 10 Stock name Close Change Stock name Close Change CapMallsAsia 2.260 -0.030 CapitaLand 3.970 -0.110 CapitaMall 1.770 -0.080 CityDev 10.600 -0.320 ComfortDelGro 1.560 -0.040 DBS Grp 14.300 -0.260 F&N 4.800 +0.080 Genting SP 0.885 -0.030 Golden Agri 0.580 +0.010 HK Land 5.070 +0.140 JMH 33.300 +0.260 JSH
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    • 496 10 CURRENCIES Reuters [LONDON] The US dollar hit a three-month high versus the yen yesterday as investors sold the Japanese currency broadly into the beginning of the new fiscal year. Strong US dollar demand from Japanese importers for financial year-end book closing triggered
      Reuters; REUTERS  -  496 words
    • 58 10 VOLUME Genting SP 94,028,000 Abterra 90,593,000 Golden Agri 72,360,000 Novo Grp 49,664,000 Z-Obee Hldgs 37,019,000 Thai Beverage 32,257,000 Hengxin 32,144,000 Li Heng 31,565,000 SingTel 31,369,000 Noble Grp 29,347,000 VALUE($) DBS Grp 139,363,867 UOB 116,639,540 SingTel 100,716,590 Noble Grp 90,888,200 OCBC Bk 84,475,370 Genting SP 84,165,665 Wilmar 67,785,877
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    • 104 10 BY CENTS CLOSE UP OCBC Bk 4.5%NCPS 100 ***** 64.0 0.6 JMH 3330 36.4 0.8 F N.ES.1003 482 30.0 6.6 DBXT MSAsExJp 10US$ 2873 29.4 0.7 SIA.ES.1003 1566 24.0 1.6 HK Land 507 19.6 2.8 F N.ES.1004 483 19.0 4.1 DairyFarm 660 14.0 1.5 SembMar.ES.1003 423 13.0 3.2 DBXT
      104 words
    • 112 10 BY CENTS CLOSE DOWN BMT 820-280.0 -25.5 DBXT Nifty 10US$ *****-228.2 -1.4 Jardine C&C 2938-100.0 -3.3 UOB 1922 -54.0 -2.7 SIA 1520 -46.0 -2.9 UOB.ES.1003 1944 -38.0 -1.9 DBXT MSEurope 10US$ 4233 -36.4 -0.6 DBXT FTVietnam 10US$ 4345 -35.0 -0.6 GLD 10US$ ***** -35.0 -0.2 CityDev 1060 -32.0 -2.9
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    • 87 10 Mar 31 CHNG YR 2010 CLOSE FR Mar 30 S$ LOW S$ HIGH US$ 1.3997 -0.05 1.4219 1.3914 Euro 1.8848 0.02 2.0153 1.8753 Pounds 2.1205 -1.16 2.2776 2.0845 A$ 1.2831 -0.01 1.2923 1.2276 Yen* 1.4994 0.86 1.5927 1.4994@ Rupiah* 0.***** 0.28 0.***** 0.***** Baht* 4.3308 -0.11
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  • Page 11 Advertisements
    • 210 11 Centennia suites FREEHOLD > ni 1 N a .■V "«S A m •Ml njfwl I m m '1 S! J wm '-.i> m -Ma 4 'M ,v^. ./>K Lit TANGS THE PLAZA PARAGON ORCHARD ROAD S ORCHARD NGEE MERITUS ra SOMERSET MRT ANN MANDARIN "MRT SDHOBY GHAUT MRT Experience a
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  • SINGAPORE NEWS
    • SINGAPORE ROUNDUP
      • 94 12 THE Agency for Science, Technology and Research’s (A*Star) Institute of Chemical and Engineering Sciences has become a strategic partner of InForm, a European Union-funded project involving 17 world-leading research institutions and major companies, led by the University of Manchester in the UK. InForm, which stands
        94 words
      • 41 12 ACCORDING to the Nature Asia-Pacific Publishing Index, A*Star was the seventh most prolific agency in the Asia-Pacific region in terms of the number of research papers published in Nature Publishing Group’s Nature-branded journals in 2009.
        41 words
      • 64 12 FROM today, the Insolvency and Public Trustee’s Office will remove from its online search service records of all cases where a bankruptcy order has been annulled. This is to recognise that the annulment of a bankruptcy order has the effect in law that the
        64 words
    • 654 12  -  Long-term purchase deals help to underpin $1.5b LNG terminal project Reports by RONNIE LIM IT’S a “full house” for Singapore’s new $1.5 billion LNG terminal, which has been fully subscribed for. The project has secured the support of the three biggest generation
      654 words
    • 330 12 It signs deal with LNG supplier BG Group, ensuring feedstock for the project ISLAND Power, now owned by India’s GMR Group, is finally set to start building its Singapore plant, thanks to liquefied natural gas supplies here from early 2013. Island was among the
      330 words
    • 340 12  -  By UMA SHANKARI JAPANESE mall operator Parco opened its new department store at Millenia Walk yesterday. The retailer’s $10 million, 85,000 square foot Parco Marina Bay occupies the space formerly occupied by DFS Galleria, which was later replaced by several smaller shops including piano and
      LIANHE ZAOBAO  -  340 words
    • 280 12  -  By SAMUEL EE THE Land Transport Authority (LTA) yesterday presented local land transport leaders with awards for excellence and contributions to the industry. At the Land Transport Excellence Awards 2010 presentation ceremony at the Ritz-Carlton hotel, 16 individuals and organisations were honoured in 14
      280 words
    • 453 12  -  By JOYCE HOOI SINGAPORE will be keeping more of an eye on growth than inflation this year, according to the latest Emerging Markets Research from Barclays Capital. Uncertainty over the sustainability of the global recovery could plague Singapore’s gross domestic
      453 words
    • 498 12  -  By ANTHONY ROWLEY in Tokyo JAPANESE consumer electronics giant Toshiba said yesterday that it will sell its liquid crystal display (LCD) panel production operation in Singapore to a Taiwan company AU Optronics (AUO), which is expected to retain the 900 employees.
      498 words
    • 450 12  -  Business deals evaluated more than double to 160 By CHEN HUIFEN INTEREST in Spring Singapore’s Start-up Enterprise Development Scheme (Seeds) surged last year, as venture capital and private equity firms tightened their belts amid a general fall in risk appetite. According to Spring deputy
      450 words

  • SINGAPORE INTERNATIONAL
    • 893 13  -  You compete successfully by standing out and being good, not cheap, CHUANG PECK MING finds out CHUANG PECK MING THE global market is huge with plenty of buyers. But it’s also easy for a company to get lost in this sea of competition, in
      893 words
    • 387 13 Name: Angela Koch Designation: Director of innovation strategy Company: Invitro Innovation Q: When is the right time to embark on a branding project? Is it necessary when my company is internationalising? Ms Koch: For Singapore-based businesses, I would embark on
      387 words
    • 625 13  -  By CHUANG PECK MING ASIA Pacific Breweries (APB) says that “without a doubt, branding is a key success driver”. “Today, brand building is more than just influencing the consumer’s perception and desires,” an APB spokeswoman told BT. “It’s creating a system that,
      625 words
    • 393 13  -  By CHUANG PECK MING A GOOD brand can produce a snowball effect for a company venturing abroad, according to A K Han, executive director of Haw Par Corporation. A recognisable brand, such as Haw Par Healthcare’s Tiger Balm, can make a
      393 words
  • Page 13 Advertisements
    • 190 13 Seminar Series: Doing Business ii Bilateral trade between Singapore and Vietnam has grown steadily over the last ten years with Singapore remaining as Vietnam's 5th largest trading partner in 2009 despite the economic crisis. Join us at the iadvisory Seminar Series: Doing Business in Vietnam to learn about key growth
      190 words
    • 15 13 Singapore International a fortnightly series brought to you by IE Singapore and The Business Times
      15 words

  • ECONOMY WATCH
    • 550 14 It says economic recovery is bound by risk from growing joblessness Reuters [BRUSSELS] The economic crisis has exposed large economic imbalances and growing gulfs in competitiveness among the 16 countries using the euro, showing a need for urgent reforms, the European Commission said.
      Reuters  -  550 words
    • 508 14 Reuters [SYDNEY] Australian retail sales suffered their biggest fall in a year in February as higher interest rates ate into consumers’ spending power, a surprisingly weak result that cast doubts on chances of an interest rate hike next week. The Australian
      Reuters; REUTERS  -  508 words
    • 320 14 Bloomberg [ATHENS] Greece plans to sell a global bond in dollars in the next two months to help raise 11.6 billion euros (S$21.9 billion) in funding requirements by the end of May after investors lost money on its most recent sale. Greece needs
      Bloomberg  -  320 words
    • 509 14 Recovery will be moderate and fragile, it warns [BERLIN] The International Monetary Fund on Tuesday slashed its growth forecasts for Germany this year and next year, warning that a recovery in Europe’s top economy would only be “moderate and fragile.” Growth in Germany is
      BLOOMBERG  -  509 words
  • Page 14 Advertisements
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      149 words

  • MALAYSIA/INDONESIA
    • 741 15 Move aimed at boosting domestic cocoa grinding may disrupt global sales Reuters [JAKARTA] Indonesia will tax cocoa exports from this month, with the level for the first month set at 10 per cent, as it looks to boost domestic cocoa grinding,
      Reuters; BLOOMBERG  -  741 words
    • 383 15 Reuters [KUALA LUMPUR] Malaysia’s IOI Corp will finish planting oil palms on 60,000 hectares of its Indonesian land holdings in five years and will then seek “green certification” for these estates, a top official said yesterday. IOI, Malaysia’s second largest listed planter, has
      Reuters  -  383 words
  • Page 15 Advertisements
    • 89 15 Hong Kong Land Property Marketing OPPORTUNITY Hong Kong Land Property Company looking for a marketing partner to expand into Singapore, Indonesia and Australia. Established Asset Management or Financial Company preferred. Email us at hongkong@sanbc.com or call +65 9060 5591 Strategic Assets Business Consultancy Pte Ltd tabla! THE HEARTBEAT OF THE
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    • 159 15 off Lunch JMMI3© #W Food bill the big name in seafood (For dine-in only) Fuss-free Seafood Lunch 25% off* C3 n Award-winning De-shelled Chilli Crab Claw with Mantou Riverside Point The Riverwalk Singapore Indoor Stadium NSRCC/SAFRA Resort Dempsey Hill Mot available at East Coast www.jumboseafood.com.sg Tel: 6532 3435 Tel: 6534
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  • Page 15 Miscellaneous
    • 38 15 v. to A JACKPOT 1,500,000 TODAY Sales Close at 6pm Draw at 6.30pm at PoMo lp a. Y(i) Always play with care. |responsibiyj Do not bet illegally. RCB Reg No: *****0202G Toward5 Community Purpose and Benefit SINGAPORE m
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  • Page 16 Advertisements
    • 4172 16 HATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg wilmar WILMAR INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4785Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE OF EXTRAORDINARY GENERAL MEETING 22 Orange Grove Road, (Resolution 1) (Resolution 2) (Resolution 3) (Resolution 4) (Resolution
      4,172 words

  • BUILDING RESILIENT BUSINESSES
    • 1103 17  -  Poor governance often equates to poor management and eventually lower shareholder value. But does good governance necessarily make for better companies? MICHELLE QUAH finds out MICHELLE QUAH CRITICS of the drive to better standards of corporate governance here allege that it merely increases the
      1,103 words
    • 680 17  -  By MICHELLE QUAH SINGTEL SCEPTICS looking for proof that good governance makes for better companies need look no further than SingTel. One of Singapore’s most decorated companies when it comes to corporate governance awards, SingTel also dominates the Singapore Exchange (SGX) possessing the largest market
      REUTERS, SPH FILE PHOTO  -  680 words
  • Page 17 Advertisements
    • 219 17 CPA Forum 2010 Building resilient businesses with good corporate governance 3 52 Corporate Governance Financial Reporting Centre Sf'l Strategic partners: J HE BUSINESS TIMES Good corporate governance is fundamental to business sustainability. Gain insights on corporate governance disclosures and practices from the Governance and Transparency Index and hear views from
      219 words

  • INDIA
    • 591 18 Physical and human capital needed to catch China’s growth rate, he says Bloomberg [MUMBAI] India has a “massive” need for capital to catch China’s growth rate and fully benefit from a global shift in economic power to emerging markets, said Nouriel Roubini, the economist
      Bloomberg  -  591 words
  • Page 18 Advertisements
    • 3536 18 MATS NOTICES BUY IT SELL IT FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg ©KIM ENG KIM ENG HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****0204D) NOTICE OF THE TWENTY-FIRST ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-First Annual General Meeting of KIM ENG HOLDINGS
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  • GREATER CHINA/INDIA
    • 629 19 Obama’s reform requires insurers, hospitals to cut administration costs AFP [NEW DELHI] Indian outsourcing firms are banking on a business bonanza from US President Barack Obama’s landmark healthcare reform as cost pressures prod insurers and hospitals to become more efficient. The US$940 billion US
      AFP  -  629 words
    • 367 19 AFP [CANCUN, Mexico] China has been called on to join the International Energy Agency, the head of the developed world’s energy policy advisory body said on Tuesday in the Financial Times. “In many ways they (the Chinese) are already working closely with us.
      AFP  -  367 words
    • 584 19  -  Bank may soon offer option for S’pore-India trade By MALMINDERJIT SINGH [SINGAPORE] Singapore companies looking to do business in India may soon look towards customised trade financing options available there, according to Puneet Chaddha, Hongkong and Shanghai Banking Corporation (HSBC)’s managing director and
      584 words
  • Page 19 Advertisements
    • 89 19 At Orchid Country Club, golf simply gets better! Be a guest on our course! It is weekday everyday! Enjoy weekday green fees from now till 30th June when you golf with us on Saturday nights and Sunday afternoons It is 3+1 Monday! From now till 30th June, get a flight
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  • Page 20 Advertisements
    • 3387 20 \TVENTURE VENTURE CORPORATION LIMITED (Incorporated in the Republic of Singapore) Company Registration Number: *****2886H NOTICE OF ANNUAL GENERAL MEETING Informal Briefing on Venture Corporation Limited FY 2009 Results Chief Financial Officer Tan Kian Seng will take questions on the Venture Corporation Limited FY 2009 Results and contents of the 2009
      3,387 words
    • 2527 20 EMS J ENERGY ENABLING ENERGY FOR LIFE EMS ENERGY LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****0485D) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of EMS ENERGY LIMITED (the "Company") will be held at 214 Dunearn Road, Copthorne Orchid Hotel,
      2,527 words

  • GREATER CHINA
    • 686 21 It’s eyeing the govt procurement market for cars, worth some 100b yuan this year AFP [BEIJING] Geely hopes to use its takeover of Volvo to crack China’s fast-growing luxury car market and vault into global contention using the Swedish brand’s cut-ting-edge technology,
      AFP  -  686 words
    • 322 21 AFP [SHANGHAI] The Chinese government is reviewing proposals to adjust its currency exchange rate system this month, Chinese media reported, as international pressure grows on Beijing to revalue the yuan. The proposals include giving the yuan a more flexible exchange rate by widening
      AFP  -  322 words
    • 638 21 Its first trade deficit in 17 years causes yields to climb Bloomberg [BEIJING] China may curb purchases of US Treasuries this year as its first trade deficit in 17 years leaves it with fewer dollars to invest, causing yields to climb, according to Societe Generale
      Bloomberg  -  638 words
  • Page 21 Advertisements
    • 3901 21 APEX-PAL INTERNATIONAL LTD. A PdI Company Registration Number *****4816E AUCA i dl (Incorporated in the Republic of Singapore) The Innonlite Food People Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Apex-Pal International Ltd. (the "Company will be held at 28 Tai Seng Street,
      3,901 words

  • ASIA PACIFIC/WORLD
    • 689 22 Owner hopes to reopen Cal Neva under new operator AP [RENO, Nevada] Before the Las Vegas Strip ruled the gambling world, Frank Sinatra, Dean Martin and Sammy Davis Jr helped make the Cal Neva Lodge one of Nevada’s coolest casinos in the early
      AP; PHOTOS: AP  -  689 words
    • 622 22 Londoner Nigel Higgins, a 27-year Rothschild veteran will steer the bank NYT [LONDON] More than 200 years ago, a German banker, Mayer Amschel Rothschild, sent his five sons to different European cities to guarantee the survival of the family’s banking business. This month, his great-great-great-grandson
      NYT  -  622 words
    • 356 22 Bloomberg [SAN FRANCISCO] Google Inc’s feud with the Chinese government may be the smallest of its challenges as the search leader contends with slowing growth, regulatory scrutiny and a shift in ad spending. While Google has the biggest share of online search at home
      Bloomberg  -  356 words
    • 191 22 Reuters [OSLO] More than 110 nations, including Singapore and top greenhouse gas emitters led by China and the US, back the non-binding Copenhagen Accord for combating climate change, according to a first formal UN list yesterday. The list, of countries from Albania to Zambia,
      Reuters  -  191 words
  • Page 22 Advertisements
    • 1151 22 WAT>i ARMARDA GROUP LIMITED (Registration No.: *****) (Incorporated in Bermuda on 13 August 2003) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting 'SGM of Armarda Group Limited (the "Company") will be held at Room 3501, West Tower, Shun Tak Centre, 168-200 Connaught Road Central,
      1,151 words
    • 68 22 "Some.,, necessities 1 lead -to„ i luxuries!' 5 w» bnmj I For a limited period only, new home subscribers to The Business Times for a year will enjoy the opulence of having your bottle of champagne coupled with a pair of champagne flutes delivered to your doorstep! Act now to
      68 words
    • 20 22 10 cOUNTrIES 16 ClTlts 20 DAYS 1 wfmtB It could be you FK.yJ fmw f' T.- I «•> WTvwtad n f
      20 words

  • WORLD
    • 477 23 It sees race boosting tourism, country’s image; expects 200,000 spectators AFP [SEOUL] South Korea hosted a lavish ceremony yesterday to launch ticket sales for its first Formula One race, saying that the event would boost tourism and the country’s overseas image. The
      AFP  -  477 words
    • 232 23 AP [NEW YORK] Nissan’s new electric car will cost just over US$25,000 when it goes on sale in the US in December. The Leaf, a four-door hatchback, will have a base price of US$32,780, but it’s eligible for a US$7,500 federal
      AP  -  232 words
    • 272 23 AP [LONDON] British Sky Broadcasting plc must make its two main sports channels available to other retailers, the UK broadcasting regulator said yesterday. The regulator, Ofcom, said Sky should offer to supply Sky Sports 1 and 2 to other outlets, including cable services,
      AP  -  272 words
    • 501 24 Action against Guillaume Rambourg taken amid internal probe Bloomberg [LONDON] Gartmore Group Ltd suspended Guillaume Rambourg, who helps oversee the UK money manager’s two biggest hedge funds, amid an internal investigation. The stock plunged 31 per cent on Tuesday. The probe relates “to breaches of
      Bloomberg  -  501 words
    • 485 24 It sets aside appeals court’s ruling, sends case back Reuters [WASHINGTON] The US Supreme Court handed a victory to the US$11 trillion mutual fund industry by endorsing the legal standard in place since the early 1980s in deciding the fairness of fund
      Reuters  -  485 words
    • 351 24 AFP [LONDON] A British parliamentary inquiry into a scandal that engulfed one of the world’s leading climate research centres yesterday sided with the scientists accused over the controversy. Lawmakers found that researchers at the University of East Anglia’s Climatic Research Unit (CRU),
      AFP  -  351 words
    • 641 25 Govt agency setting new capital buffers as it plans revival of financial system Bloomberg [BELFAST] Ireland’s banks need US$43 billion in new capital after “appalling” lending decisions left the country’s financial system on the brink of collapse. The fund-raising requirement was announced
      Bloomberg  -  641 words
    • 435 25 Serious reform to avert another crisis needed, he says Reuters [NEW YORK] America’s big banks must be broken up and their risk-taking curtailed to prevent another massive US financial crisis, former IMF chief economist Simon Johnson says in a new book. In
      Reuters  -  435 words
    • 400 25 Reuters [DUBAI] The owners of Dubai Financial Market and the Abu Dhabi Securities Exchange have held merger talks, the head of DFM said on Tuesday, as dwindling volumes and shrinking profits intensify consolidation pressure. “It is in the interest of everybody
      Reuters  -  400 words
  • Page 23 Advertisements
    • 3572 23 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg ASIA ENTERPRISES HOLDING LIMITED NOTICE OF ANNUAL GENERAL MEETING Registration No.: *****1021H Incorporated in the Republic of Singapore ASIA ENTERPRISES HOLDING LIMITED NOTICE IS HEREBY GIVEN that the Annual General Meeting of Asia Enterprises Holding Limited (the "Company") will be held at No.
      3,572 words

  • Page 24 Advertisements
    • 3063 24 -s (An Affiliate of Cheung Kong Group) ARA ASSET MANAGEMENT LIMITED (Incorporated in Bermuda as an exempted company with limited liability) (Company Registration No. *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ARA ASSET MANAGEMENT LIMITED (the "Company") will be held at
      3,063 words

  • Page 25 Advertisements
    • 2473 25 Bl gfeOKP HOLDINGS LIMITED 9 9 m s us w m t] (Company Registration No. *****1165G) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of OKP HOLDINGS LIMITED (the "Company") will be held at No. 6 Tagore
      2,473 words

  • EDITORIAL & OPINION
    • 486 26 EDITORIAL ALTHOUGH short on detail, the much-awaited so-called New Economic Model (NEM) outlined by Malaysian Prime Minister Najib Razak in Kuala Lumpur on Tuesday is ambitious in intent. If translated into policy, it could, over time, revive the flagging fortunes of Malaysia’s economy but
      486 words
    • 1174 26  -  Tokyo overcame the financial crisis after the asset bubble burst in a sensible, effective way ANTHONY ROWLEY Tokyo Correspondent AS HISTORY tells it, Japan plunged into a financial and economic abyss after its bubble economy collapsed in 1990 because of the ineptitude of
      REUTERS  -  1,174 words
    • 785 26  -  THE BOTTOM LINE NEIL BEHRMANN London Correspondent GOVERNMENTS, bankers and the press have concentrated on Greece’s difficulties in servicing and repaying its debt, but a much bigger problem looms. The European Central Bank (ECB) has lent hundreds of billions of euros to
      785 words
    • 1595 27  -  The ability of natural gas to serve as a substitute for coal is important for its future in the energy mix Reports by CHRISTOF RÜHL OIL production is concentrated geographically, and the market for oil is dominated by geopolitical considerations. Not so for coal. Aside from
      REUTERS  -  1,595 words
    • 536 27 BECAUSE of the long lead times in energy projects, one can make reasonable estimates 10, or even 20, years ahead. By all accounts, the foreseeable future in energy markets will remain dominated by fossil fuels. Oil currently accounts for 35 per cent of global
      536 words


  • Page 28 Advertisements
    • 2064 28 HATS NOTICES IT Toll free: 1800-289-8822 Email: notices@sph.com.sg STATSChipPAC STATS ChipPac Ltd. (Incorporated in the Republic of Singapore) (Company Registration Number *****7932D) Notice of Sixteenth Annual General Meeting NOTICE IS HEREBY GIVEN THAT the Sixteenth Annual General Meeting (the "Annual General Meeting") of STATS ChipPAC Ltd. ("STATS ChipPAC") will be
      2,064 words
    • 695 28 In the Matter of The Companies Act, Cap. 50 and In the Matter of ALTRAN TECHNOLOGIES SINGAPORE PTE LTD (In Members' Voluntary Liquidation) (Company Registration No. *****6757C) On 26 March 2010, the Resolutions set out below were duly passed at the Extraordinary General Meeting of the abovenamed company pursuant to
      695 words

  • Page 29 Advertisements
    • 2363 29 HATS NOTICES IT Toll free: 1800-289-8822 Email: notices@sph.com.sg Yangzijiang Shipbuilding (Holdings) Ltd. (Incorporated in the Republic of Singapore) (Company Registration No.: *****7636Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Meeting Room 203, Level 2, Suntec Singapore
      2,363 words
    • 11 29 CATS Recruit The first step on your ladder to success CLA/AUG06/g
      11 words
    • 762 29 IN THE MATTER OF THE COMPANIES ACT (CAP.50) AND IN THE MATTER OF SAMSCO PTE LTD Reg. No. *****8247E (Incorporated in the Republic of Singapore) NOTICE OF CREDITORS' MEETING PURSUANT TO SECTION 296 OF THE COMPANIES ACT (CAP.50) NOTICE IS HEREBY GIVEN that pursuant to Section 296 of the Companies
      762 words

  • Page 30 Advertisements
    • 5251 30 HATS NOTICES IT Toll free: 1800-289-8822 Email: notices@sph.com.sg A Resolution 3(i) Resolution 3(ii) SUNPOWER GROUP LTD. (Company Registration No. *****) (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2010 Annual General Meeting of the Company will be held at Oriental Ballroom
      5,251 words

  • AVIATION
    • 672 31 Obama: Rebidding process will be transparent, open and fair Reuters [WASHINGTON] French President Nicolas Sarkozy said on Tuesday that Europe’s EADS would bid for a huge US refuelling plane contract if the terms of the competition were fair
      Reuters; REUTERS  -  672 words
    • 397 31 UA Boeing passes small Cessna plane with 90m to spare AP [SAN FRANCISCO] Federal investigators are looking into the weekend’s near collision of a commercial jet and small airplane that came within 90m of each other over San Francisco. The Federal Aviation Administration is
      AP  -  397 words
    • 308 31 Bloomberg [SINGAPORE] Malaysian Airline System Bhd said it ordered two A330-200F freighter aircraft from Airbus SAS, and confirmed an order for 15 passenger planes, as a global economic recovery spurs demand for air services in Asia. The 17 planes will cost US$3.6 billion
      Bloomberg  -  308 words
    • 252 31 Reuters [MANILA] Cebu Air Inc, operator of the Philippines’ leading budget carrier, yesterday said it had deferred its 25.7 billion peso (S$792 million) initial public offering to after national elections in May, knocking down shares of its parent. The sale of new
      Reuters  -  252 words
    • 2830 31 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 SQ458 1410 EY473 1950 Adelaide LH9771 1745 LH9770 2350 SQ268 1745 SQ269 2350 9W4081 1820 AF8087 1820 BA7381 1820 JL5084 1820 QF81 1820 Amsterdam LO4031 0605 AZ3993 0025 SQ323 0605 KL836 0025 US5410 0605 KL838 2250 AZ3992
      2,830 words
    • 4908 32 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.
      4,908 words
  • Page 31 Miscellaneous
    • 327 31 CRYPTIC CROSSWORD Across 1 Token rebellion feasible (6) 5 Commander glared and went red (8) 9 Untidy item of furniture, tattered, left for collection (10) 10 Foolish person falling short as a friend (4) 11 Rex is having fish, the ultimate in delicious fried food (8) 12 Notice was about
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  • SHIPPING
    • 425 33  -  Run by a consortium of PSA Int’l and Hanjin, the terminal will be Transpacific transhipment hub By VINCENT WEE [SINGAPORE] The Pusan Newport International Terminal (PNIT) in South Korea has started commercial operations with the call of its first
      425 words
    • 290 33 AP [LOS ANGELES] A United Nations agency that regulates the international shipping industry adopted a plan last week to dramatically reduce air pollution from ships that sail within 200 nautical miles of the US and Canadian coasts. The decision by the Lon-don-based
      AP  -  290 words
    • 278 33 SGX '000 Mar 31 S$ +/-Vol CH Offshore 0.66 unch 318 Chuan Hup Hldgs 0.30 unch 190 Cosco Corp 1.24 -0.01 6233 CWT Ltd 1.06 -0.03 2084 Ezra Hldgs 2.36 -0.05 1778 First Ship Lease 0.62 0.01 148 Freight Links 0.05 unch 2091 Grand Banks unch unch 0
      278 words
    • 243 33 It sees 130b yen profit by 2015; shares gain 3.5% Bloomberg [TOKYO] Mitsui OSK Lines Ltd, operator of the world’s largest merchant fleet, said that profit was double its forecast, citing an improvement in the global economy. The shares gained the
      Bloomberg  -  243 words
  • Page 33 Advertisements

  • SINGAPORE STOCKS
    • 9057 34 Transaction date: Mar 31 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 3.5 3148 8Telecom 17 -0.5 24 17 17 17 17.5 1.7 10.6 5.5 81.4 10 3 5834
      9,057 words
    • 1897 35 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer
      1,897 words
    • 9716 35 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.26/ APS Alpha Fund (USD)!** 0.9/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.71/ Aberdeen Asset Mgt Asia Limited American Opp 0.6726/ Asian Credit Fund 1.2445/ Asian
      9,716 words
    • 586 35 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 111 107 6389 ABF SG Bond ETF 109.5 109.7 112 499.8 872 481 CIMBAsean40 100US$ US872cd 865 870 34.9 299 171 DBS STI ETF
      586 words
    • 74 35 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 26 6000 AVJennings A48 47 49 3.6 7.3 3.8 125 31 8 6017 Genting HK US$ US21 -0.5 1254 21 20.5 20.5 21
      74 words


  • FINANCE & COMMODITIES
    • 365 36 In local curr In S$ In US$ dy yr dy yr dy yr Mar 30 Index Change Change Change Change Change Change World Index Preliminary 868.4 0.0 4.3 0.0 2.4 -0.1 2.7 EAFE Preliminary 814.9 0.1 3.8 0.1 -0.2 0.1 0.0 Europe Preliminary 1158.7 -0.4
      365 words
    • 181 36 Mar 31 Bid $S Offer Bid Overnight 1/4 3/16 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 3/16 US$ Offer Bid 7 days 0.28 0.23 1 month 0.34 0.24 2 months 0.36 0.26 3 months 0.38 0.28 6 months 0.52 0.42 9 months 0.80 0.60
      181 words
    • 22 36 Mar 31 S$ Bid Offer 1-month 1.4005 1.4009 2-months 1.4007 1.4011 3-months 1.4008 1.4013 6-months 1.4014 1.4020 Source: OCBC
      22 words
    • 66 36 Mar 31 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 10 2585 2628 2610 2585 108 4553 May 10 2555 2565 2581 2555 2521 ***** Jun 10 2533 2556 2561 2529 9959 ***** Jul 10 2517 2536
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    • 168 36 Mar 31 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Apr 10 333.0 333.0 333.0 30 May 10 330.0 Jun 10 330.0 330.0 330.0 40 Jul 10 330.0 20 Aug 10 330.0 20 Sep 10 330.0 TSR 20 (US
      168 words
    • 93 36 Mar 31 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 01.07.2010 0.34 1-Year BY*****N 01.11.2010 0.37 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.08 104.10 104.02 5-Year N*****0N 1.375 01.10.2014 100.41 100.57 100.20
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    • 105 36 Mar 30 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 10 974.00 967.50 974.25 960.25 Jul 10 980.75 974.50 981.00 967.75 Aug 10 969.25 965.50 970.25 958.25 Sep 10 943.50 941.50 946.00 935.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 10 38.67 39.27 39.38
      105 words
    • 80 36 CRUDE OIL PRODUCTS Mar 30 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 81.06 -0.53 WTI (Near Mth) 82.42 0.04 Dubai (1-Mth F) 78.94 0.92 Tapis blend 83.95 1.00 Minas 82.75 1.00 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 80.35 1.10 Jet Kerosene 89.15 1.00 US$/barrel Opec Oil
      80 words
    • 132 36 Mar 31 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2740 1.3120 Can dollar 1.3660 1.3830 Euro 1.8670 1.8880 NZ dollar 0.9860 1.0080 Sterling pound 2.1000 2.1240 US dollar 1.3920 1.4070 Local dollars to 100 units of foreign
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    • 27 36 Mar 31 Open High Sett STI Apr 2871 SIMSCI Apr 347.4 348.5 340.0 Taiwan Apr 284.0 284.9 282.2 Source: MF Global (S) Pte. Ltd
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    • 359 36 Mar 31 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.6150 0 4132 Sep10 99.4250 0 2560 Dec10 99.1150 0 1271 Mar11 98.7650 0 3758 EUROYEN TIBOR FUTURES Jun10 99.6000 99.6000 99.6000 99.6000 105 4866 Sep10 99.6200 99.6200 99.6200 99.6150 0 4078 Dec10 99.6200 0 1480
      359 words
    • 466 36 Mar 31 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.931 6.250 0.682 7.109 41.234 83.310 0.854 10.361 2.992 1.291 77.088 41.380 1.282 6.719 0.975 29.092 29.637 0.606 0.916 Canada 1.074 6.713
      466 words
    • 85 36 Mar 31 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • 154 36 Mar 31 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2821 1.2828 0.9156 0.9158 Canadian dollar 1.3769 1.3777 0.9833 0.9836 Euro 1.8806 1.8817 1.3430 1.3434 NZ dollar 0.9932 0.9939 0.7093 0.7096 Sterling pound 2.1140 2.1153 1.5097 1.5102
      154 words
    • 140 36 Mar 31 GOLD (US$/oz) Mar 31 Mar 30 Hong Kong 1109.10 1110.70 Mar 30 Mar 29 London 1103.15 1113.50 1104.15 1114.30 Source: Thomson Reuters CAST BAR Mar 31 (S$) Selling Buying Kilobar 53,482.88 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 119.84 50 5gm 340.26 249 10gm 607.76
      140 words
    • 71 36 Mar 30 Mar 30 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2262.00 2251.00 3 months 2294.00 2283.00 Copper, Grade A (US$/tonne) Cash 7814.50 7732.00 3 months 7850.00 7770.00 Lead (US$/tonne) Cash 2105.50 2121.50 3 months 2135.00 2151.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • 76 36 Mar 30 COCOA (£/tonne) Close Prev High/Low May 10 2262 2246 2268/2243 Jul 10 2279 2264 2283/2260 Sep 10 2237 2226 2238/2216 Dec 10 2194 2193 2203/2185 COFFEE (US$/tonne) Close Pev High/Low Mar 10 1324 1339 May 10 1356 1371 1389/1353 Jul 10 1390 1405 1421/1388 SUGAR (US tonne)
      76 words
    • 2587 36 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2.5 1 15 13 6.20 50 4085 ASJ Hldgs W*****1 3 unch 9 1 4 2.33 23 2036 Advance SCT Ltd W*****9 0.5 1 87 2400
      2,587 words

  • BizIT
    • 551 37  -  Aside from S-E Asia and India, coverage now expanded to Australia and NZ By ONG BOON KIAT SINGAPORE has been given a bigger regional role to play by NEC Corp, as the Japanese technology giant kickstarts its new global initiative to
      551 words
    • 664 37  -  It’s expected to spur flurry of location-based information applications, services, reports JASLENE PANG DEVELOPERS and Internet users in Singapore are set to benefit from a new intelligent map information system that is expected to kick-start a flurry of loca-tion-based information applications and
      664 words
    • 639 37 Google blames Web search problems on a coding change AP [BEIJING] Yahoo e-mail accounts belonging to foreign journalists appeared to have been hacked and Google’s Chinese search engine was intermittently blocked because of an internal change on Tuesday, the latest troubles in China’s
      AP  -  639 words
    • 334 37  -  By AMIT ROY CHOUDHURY AS heavy users of IT, the Integrated Resorts are proving to be a boon for the local Infocomm market. The latest beneficiary is networking solutions provider Juniper Networks which has bagged a contract from Resorts World Sentosa (RWS). Under
      334 words
  • Page 37 Advertisements
    • 70 37 Looking for IT Outsourcing? Stone Forest IT (SFIT) is a leading provider of IT Outsourcing Services. Our clients include leading legal firms, SMEs and foreign firms. Our firm's reputation is built on practical advice, proactive client servicing and a proven methodology. We provide businesses with one-stop shop service, from IT
      70 words
    • 25 37 ft. Lianhe Zaobao HICs "God of Property": Market with no bubble is like a pool of stagnant water "mmmnmm. For Subscription, call 6388 3838 www.sphsubscription.com.sg
      25 words

  • PROPERTY
    • 1533 38 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED The Clift Apt 04/03/2010 99 775 1318 1700 The Sail Marina Bay Apt 05/03/2010
      1,533 words
    • 643 38  -  Rents seen staying soft because of the substantial supply pipeline By UMA SHANKARI [SINGAPORE] Office rents contracted for a sixth straight quarter in the first three months of this year but the decline was marginal and rents appear to have stabilised
      Source: CBRE Research  -  643 words
    • 168 38 Reuters [SYDNEY] Australian home prices rose a further 1.4 per cent in February to reach fresh record highs, according to one industry measure, underlining why policy makers are concerned about speculative froth in the market. The Data-Rismark Hedonic Australian Home Value Index rose
      Reuters  -  168 words
    • 567 39  -  Average monthly gross rent for hi-tech industrial space up 1.6% in Q1 By EMILYN YAP [SINGAPORE] Better days may be ahead for landlords of industrial space, with rents having stopped falling for some properties and even rising slightly for others. According to DTZ, the average monthly
      567 words
    • 516 40  -  Deregulation will soon allow direct purchase of homes, commercial property By LEE U-WEN [SINGAPORE] Foreigners will soon be allowed to buy homes and commercial real estate directly in Indonesia, as plans are underway to deregulate the property sector by end-June this year, the country’s top
      516 words
    • 244 40 Bernama [KUALA LUMPUR] Property developer SP Setia Bhd has recorded RM900 million (S$385.6 million) in sales as of March 22, less than five months into the current financial year ending Oct 31, 2010. Its president and chief executive officer Liew Kee
      Bernama  -  244 words
  • Page 38 Advertisements
    • 157 38 flight Suites HIGHRISE FRyjHl RSVP FOR PRCM Esther *****149 tfV SPECIAL NOW!! tales Team JflSBF *****109 GOOD CLASS BUNGALOW LAND FOR REBUILD NASSIM ROAD •Land Size ***** sqft »35m Frontage Rectangular Flat Land •Cul-de-sac Face Greenery Orchard View Quiet Serene Priced to Sell South/East Facing KH TAN 9456-7348 Newsman Realty
      157 words

  • Page 39 Advertisements
    • 292 39 Marina Collection Sentosa Cove Stunning view of the sea marina Singapore's most pristine waterfront 124 exclusive units 3-, 4- 5-bedroom 40 private berths 1% comm. to co-broke agent For exclusive appointment, please call: 9792 8913 9387 4624 savills REGIS RESIDENCE! FOR SALE IN D10 4Bdrm-3897Sqft Asking $12 Million PentHouse- 6017Sqft
      292 words
    • 392 39 CREDO EAL ESTATE O/r Future Telok <7 KepP e Blangah MRT Keppel Club Reflections at Keppel Bay MRT Sea Sentosa Tranquil Hillside Plot Near Sentosa alex@ credo.com.sg hongboon credo.com.sg choonfah credo.com.sg 65,480 sf land, Freehold, GPR 1.4 5 storeys 350 m only to Telok Blanga MRT Foot of Mt Faber,
      392 words
    • 354 39 ST THOMAS SUITES PENTHOUSE Brand New, T.O.P. Soon! Rare Spacious: 4,672 sq ft 5 bedrooms Family Balcony Panoramic Orchard Skyline 10 mins to Orchard Rudy Tedja 9686 9943 www.rudy.myweb.sg Owners Selling Welcome Bossanova Limited SEAFRONT A signature Capitaland Project Units #02-07 and #03-07, Seafront, Meyer Rd. 2,099 Sqft each. Ten
      354 words
    • 30 39 Seascape at Sentosa Cove Best selling new project in Sentosa Cove Direct Sea View Well-designed 3, 4-Bedroom Penthouses No Restriction on Foreign Ownership Viewing By Appointment 9690 1250 9109 1988
      30 words

  • Page 40 Advertisements
    • 380 40 4?a 100% Returns in 3 years RARE Wholesale Price at US$15,000 per unit 200 US Properties with a minimum investment of ONLY US$100,000 r A A 100% return in 3 years 3 yrs exit strategy 200 apartments from 1 bedroom to 3 bedrooms Stable rental income subsidised by US Government,
      380 words