The Business Times, 12 April 2010

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Total Pages: 48
1 48 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Monday, April 12,2010
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  • Article, Illustration
    Lock icon Market takes the measure of Kuok deal
    791 1  -  Analysts note that most of the Malaysian tycoon’s sales were not central to his business By S JAYASANKARAN AN impending divestment by Robert Kuok is attracting some interest in corporate circles, and may mark yet another business departure from Malaysia by the country’s
    791 words
  • Article, Illustration
    Lock icon It’s back to school for real estate agents
    498 1  -  Many are hitting the books in preparation for more stringent industry standards By EMILYN YAP [SINGAPORE] Real estate agencies are gearing up for tighter rules in their industry by sending agents back to the classroom. Several are getting their agents to take
    AP  -  498 words
  • Article
    Lock icon MARKETS DIGEST
    157 1 BT ONLINE BT print subscribers get free access to BT Online at www.businesstimes.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. MARKETS Weekly Change ST Index 2,971.97 +28.95 KL COMP 1,333.98 -1.96 NIKKEI 225 11,204.34 -81.75 HANG SENG 22,208.50 +671.50 SET INDEX 789.66 -11.49 JAKARTA COMP 2,845.01 +15.01
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      202 1 BizIT Moving closer to 4G services WALL STREET INSIGHT Dow set to push above 11,000 points PAGE 4 INTEREST RATES US says goodbye to cheap credit PAGE 33 HOCK LOCK SIEW Good ride for CWT investors so far PAGE 48 PAGE DINING OUT Elusive flavours PAGE 37 IWC. Engineered for
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      30 1 VIEWS FROM THE TOP Too many hats? To what extent is a director’s effectiveness compromised by the number of directorships he or she holds? CEOs give their views PAGE 14
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      2 1 *****1 *****4
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Market takes the measure of Kuok deal
        54 2 AN impending divestment by Robert Kuok is drawing some interest in corporate circles, and may mark yet another business departure from Malaysia by the country’s wealthiest man. Involved in the latest deal is listed Jerneh Asia, a 37 per cent associate company of
        54 words
      • Article
        Lock icon It’s back to school for real estate agents
        69 2 REAL estate agencies are gearing up for tighter rules in their industry by sending agents back to the classroom. Several are getting their agents to take existing accreditation tests before the government introduces a mandatory industry examination sometime this year. The talk
        69 words
      • Article
        Lock icon Govt launched 8 sites with 3,340 units for sale in Q1
        52 2 THE government launched eight residential sites which can yield an estimated 3,340 private and executive condominium homes in Q1 2010, as developers clamoured for plots to replenish shrinking landbanks and buyers continued to snap up new homes. TOP STORIES,
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      • Article
        Lock icon Dow set to push above 11,000
        81 2 THE Dow Industrials traded briefly above 11,000 last Friday before dipping in the final minutes to end the week just a few points below that landmark level. A close above 11,000 for the blue chip index in the next two weeks appears inevitable as
        81 words
      • Article
        Lock icon Examine blank cheques at AGMs, shareholders told
        77 2 SHAREHOLDERS should scrutinise certain “blank cheque” resolutions at upcoming annual general meetings that allow businesses to raise money by issuing new shares, market watchers say. They should examine companies’ request for the licence to issue new shares amounting to as much as 20
        77 words
      • Article
        Lock icon Gold, silver seen losing shine; iron ore, coal may gain most
        55 2 GOLD, silver, zinc and nickel prices could fall the most by the end of the year, with bulk commodities such as iron ore and coal set to be the biggest gainers, according to a report from Royal Bank of
        55 words
      • Article
        Lock icon Surging orders point to growth in economies
        59 2 THROUGHOUT much of the world, businesses are reporting a continuing surge in new orders, providing an indication that economies are growing. In most countries, orders received by manufacturing businesses turned up sooner than orders to service firms. But even service providers are now
        59 words
      • Article
        Lock icon Japan’s huge public debt a major concern
        78 2 GREECE’S debt problems may currently be in the spotlight but Japan is walking its own financial tightrope, analysts say, with a public debt mountain bigger than that of any other industrialised nation. Public debt is expected to hit 200 per cent of GDP
        78 words
    • Article
      Lock icon Govt launched 8 sites for about 3,340 units in Q1
      689 2  -  Move comes amid developers’ clamour to replenish their shrinking landbanks By UMA SHANKARI [SINGAPORE] The government launched eight residential sites which can yield an estimated 3,340 private and executive condominium homes in Q1 2010, as developers clamoured for plots to
      689 words
    • Article
      Lock icon Dow set to push above 11,000
      799 4  -  Analysts expect Q1 earnings to be lifted by double-digit revenue growth WALL STREET INSIGHT By ANDREW MARKS IT seemed to be a session pregnant with meaning on Friday when the Dow Industrials traded briefly above 11,000 before dipping in the final minutes to end
      799 words
    • Article
      Lock icon Eurozone okays 30b euro loan plan for Greece
      198 4 Reuters [BRUSSELS] Eurozone finance ministers unanimously approved a detailed 30 billion euro (S$56.3 billion) emergency aid mechanism for debt-plagued Greece yesterday but stressed it had not requested that the plan be activated now. In a rare weekend telephone conference, ministers from the
      Reuters  -  198 words
    • Article, Illustration
      Lock icon Diamond Tower in Balestier sold in collective sale
      466 4  -  By KALPANA RASHIWALA [SINGAPORE] EL Development has inked a deal to buy the freehold Diamond Tower at Jalan Rajah in the Balestier area for $49.6 million through a collective sale. The price works out to a unit land price of about $652
      466 words
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      1658 2 MATS BUY IT-SELL IT-FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg ThaiBev THAI BEVERAGE PUBLIC COMPANY LIMITED (Company Registration No. **********342) (Registered in the Kingdom of Thailand as a public company with limited liability) April 9, 2010 Re: Invitation to the 2010 Annual General Meeting of Shareholders To: All Shareholders
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      93 3 We were there when families used to turn up at the neighbourhood wayang instead of turning on their flatscreen tv. We were there when pictures were taken in a studio instead of a cellphone. We were there when we shared our happiest moments via a telegram or letter, instead of
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  • Page 4 Advertisements
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      1327 4 fcLLLil FHA s ASIAS LARGEST INTERNATIONAL FOOD HOSPITALITY TRADE EVENT Be at the most anticipated food hospitality trade event in Asia! 82,000sqm of exhibition space 2,800 exhibitors from 70 countries/regions 47 Group Pavilions Strong lineup of competitions, conferences and forums 20-23 April 2010 Singapore Expo Co-located with: CiW/KM m Asia
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      1304 4 WATS NOTICES BUY IT SELL IT FIND IT SING INVESTMENTS FINANCE LIMITED (Incorporated in the Republic of Singapore) (Company Registration No: *****0348D) NOTICE OF ANNUAL GENERAL MEETING TO ALL SHAREHOLDERS NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sing Investments Finance Limited will be held at 2 Shenton
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      8 4 60,000 Hotels Worldwide Best Rates Instant confirmation www.luxury.com.sg
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      1341 5 Meet the World Gourmet Summit's tars FINE CUISINE 11 -25 April 2010 GREAT WINES UNIQUE DINING to 4PX WORLD GOURMET SUMMIT Proudly Presented By citibank* Partner Restaurants 2am: dessertbar 2AM:DESSERTBAR Janice Wong Tel: (65) 6291 9727 Feature Activity Shades Date: 24 April 2010 Time: 8.00pm to 2.00am Price: S$18 to
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Best to stick to the index blue chips
      713 6  -  STOCKS R SIVANITHY Senior Correspondent Last week’s column recommended investors to stick to trading blue chips, preferably those in the Straits Times Index because even though penny fever was raging, interest in specific penny stocks would be fleeting, difficult to pin down
      713 words
    • Article
      Lock icon Iron ore prices expected to rise 60-80%
      486 6  -  COMMODITY WATCH By VINCENT NGIAM Vincent Ngiam is a commodities dealer at Phillip Futures DESPITE the weak global economy last year, commodities ranging from oil, cotton and wheat to metal products have in general, risen steadily in the second half of the year
      486 words
    • Article
      Lock icon Asian units up on bets China will ease policy
      626 6 CURRENCIES Bloomberg [SINGAPORE] Asian currencies extended the year’s gains last week, led by Malaysia’s ringgit and the Indian rupee, on mounting speculation that China is moving closer to loosening its grip on the exchange rate. The Bloomberg-JPMorgan Asia Dollar Index climbed
      Bloomberg  -  626 words
    • Article
      Lock icon RISES
      106 6 BY CENTS CLOSE UP GLD 10US$ ***** 543.2 3.6 DBXT Nifty 10US$ ***** 434.6 2.6 OUE 1512 408.0 37.0 JMH 3500 125.4 2.6 JSH 2090 114.2 4.1 DBXT FTChina25 10US$ 3147 105.9 2.5 DBXT FTVietnam 10US$ 4477 89.1 1.5 DBXT MSKorea 10US$ 4990 82.2 1.2 CityDev.ES.1004 1146 82.0 7.7
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    • Article
      Lock icon FALLS
      120 6 BY CENTS CLOSE DOWN Jardine C&C 3024-104.0 -3.3 STXPO 100 1606 -94.0 -5.5 DBXT S&P Short 10US$ 5009 -90.5 -1.3 Elec Eltek 209 -46.0 -13.6 OCBC Bk 5.1%NCPS 100 ***** -18.0 -0.2 Great Eastern 1574 -16.0 -1.0 OmegaNav 415 -16.0 -3.7 DBXT MSINDO 10us$ 1177 -9.8 -0.6 Total Access
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    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1350 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Allgreen Properties 2.00 2.00 11 11.81 10.92 1.47 1.29 ARA Asset Mgt 1.67 2.00 3 7.47 15.80 1.27 1.18 Armstrong Industrial Corp 1.00 1.00 2 4.83 7.86
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    • Article
      Lock icon CURRENCIES
      87 6 Where S$ stands Apr 9 CHNG YR 2010 CLOSE FR Apr 8 S$ LOW S$ HIGH US$ 1.3915 0.30 1.4219 1.3914 Euro 1.8642 -0.44 2.0153 1.8560 Pounds 2.1387 -0.89 2.2831 2.0845 A$ 1.2960 -0.50 1.2960# 1.2276 Yen* 1.4851 1.07 1.5927 1.4799 Rupiah* 0.***** -0.06 0.***** 0.***** Baht* 4.3161 -0.07
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      3 6
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 6 Apr 9 VALUE CLOSE BT OB/OS 909.00 +262.0 BT CADI -*****.00 +293.0 BT 10-day MA -*****.00 +91.00 FTSE ST Mid Cap 723.89 +10.86 FTSE ST Small Cap 600.71 +11.89 FTSE ST All Share 737.33 +4.37 FTSE ST China Top 301.81 +6.13 FTSE ST China 318.35 +4.90 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      56 6 VOLUME GMG Global 623,955,000 Golden Agri 409,138,000 UniFiber 386,724,000 TopGlobal 275,533,000 Genting SP 232,312,000 Rowsley 215,687,000 SwingMedia 208,180,000 Cosco Corp 201,839,000 UPP 184,048,000 Advanced System 176,713,000 VALUE($) Cosco Corp 285,348,270 DBS Grp 278,392,867 Noble Grp 269,088,287 Golden Agri 250,136,615 Genting SP 210,635,740 UOB 190,205,979 CapitaLand 188,464,268 Wilmar
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Examine ‘blank cheques’ at AGMs, shareholders urged
      601 7  -  Mandate for new shares, placements at a discount among issues highlighted By JAMIE LEE SHAREHOLDERS should scrutinise certain “blank cheque” resolutions at upcoming annual general meetings (AGMs) that allow businesses to raise money by issuing new shares, market watchers say. This comes as
      601 words
    • Article
      Lock icon COMPANY MEETINGS
      334 7 COMPANY MEETING PLACE DATE TIME Rokko Hldgs A Falcon Room, Laguna National Golf and Country Club, 11 Laguna Golf Green, Singapore *****7 12-Apr 10.00am CapitaMalls Asia A STI Auditorium, 168 Robinson Road, Level 9, Capital Tower, Singapore *****2 12-Apr 10.00am Trump Dragon S Raffles City Convention Centre (Swissotel
      334 words
    • Article
      Lock icon PRIME LENDING RATES
      403 7 Apr 9 BANKS Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banco Bilbao Vizcaya Argentaria, S.A. 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of China Limited 5.5 Bank of Communications 5.5 Bank of
      403 words
    • Article
      Lock icon Cache IPO 7.8 times subscribed
      271 9 CACHE Logistics Trust’s initial public offering (IPO) of 474.1 million units was about 7.8 times subscribed, drawing support from major institutional investors from Asia, Europe, the Middle East and Australia. Other institutional investors who were allocated units under the placement tranche include DBS Asset Management
      271 words
    • Article
      Lock icon Gold, silver seen losing shine; iron ore, coal may gain most
      582 9  -  Commodities prices could soften over next six months: RBS By CHEW XIANG GOLD, silver, zinc and nickel prices could fall the most by the end of the year, with bulk commodities such as iron ore and coal set to
      582 words
    • Article
      Lock icon Good ride for CWT investors – so far
      543 9  - Good ride for CWT investors so far HOCK LOCK SIEW By EMILYN YAP THE listing of Cache Logistics Trust (CLT) has created a windfall for a group of investors, even though its units start trading only today. The winners are those who bought into CLT’s sponsor CWT Ltd months ago,
      543 words
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      21 7 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email noticesd>sph.com.sg
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      Lock icon Page 7 Advertisements Column 2
      60 7 DB Platinum Branched Stars R1C-A 01/04/10 131,48 EUR I db X-MACRO Trading Index Fund I4D 30/03/10 100,52 GBP DB Platinum II I FX Select Guaranteed Fund R1D 31/03/10 99,90 USD DB Platinum IV Balanced Currency Harvest Euro I1C 01/04/10 102,05 EUR Booster Capital Guaranteed Fund SGD R1D 01/04/10 9,53 SGD
      60 words
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      Lock icon Page 7 Advertisements Column 3
      147 7 Accounting Accounting backlogs Messy Accounts Migration of accounting systems Reconciliation problems in P&L, fixed assets, stocks 285S* CoflVP The Accounting SWAT team offers expert help and fast turnaround to accounting problems, including any of the above. Call 6-222 6868 now AccountServe for the Accounting Specialists www.AccountServe.com.sg 0 MARKETS get thinking
      147 words
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      2857 8 A.S PIA L CORPORATION LIMITED (Company Registration No: *****1030G) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Aspial Corporation Limited ("the Company") will be held at 55 Ubi Avenue 1, #07-11, Ubi 55 Building, Singapore *****5 on
      2,857 words
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      2028 8 WATci NOTICES BUY IT• SELL IT-FIND IT FIRST RESOURCES LIMITED (Company Registration No. *****5931M) (Incorporated in Singapore with limited liability) RESOURCES NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of First Resources Limited ("the Company") will be held at Suntec Singapore International Convention and
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      499 9 CHINA'S LEADING INTEGRATED VEGETABLES PROCESSOR Since 1971 CHINA MINZHONG FOOD CORPORATION LIMITED (Incorporated in Singapore on 9 March 2004, Company Registration No: *****2715N) > V "w 4 < Ti i We believe we are a leading integrated vegetables processor in the PRC with our own cultivation, processing and sales and
      499 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Portfolios gain about 7% over last 2 weeks
      1507 10  -  TEH HOOI LING Senior Correspondent PENNY stocks exploded onto the centre stage last week, with frenzied trading sending some of them to richly positive territories. Our six portfolios advanced by about 7 per cent on average in the last two weeks. The
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    • Article
      Lock icon Quiet week for insiders’ trading activities
      1637 10  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd THE director activity was low last week with only 36 trades worth $9.2 million based on filings on the Singapore Exchange from April 5 to 9. The figures were down from
      1,637 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Peer network group offers solutions
      616 11  -  Executive Global Network enables executives to exchange ideas By VEN SREENIVASAN IN the business world, most interactions tend to be superficial and guarded. “People meet, chat and exchange cards at golf courses, church gatherings, alumni get-togethers or business association seminars, but such meetings are often
      FILE PHOTO  -  616 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1694 11 Payment Ex Books Pay (cts) date close date ABR Hldgs ak 1.000 11-May 13-May 27-May Action Asia an 1.000 06-May 10-May 19-May Advanced Hldgs ak 2.000 03-May 05-May 18-May AEI Corp ak 1.000 06-May 10-May 26-May AEI Corp bh 2.000 06-May 10-May 26-May Allgreen Prop an 4.000 04-May
      1,694 words
    • Article
      Lock icon Climate change is theme for lawyers’ conference
      493 12  -  By CHEW XIANG THE hot potato issue of “climate change” is the theme for the 20th annual conference of the Inter-Pacif-ic Bar Association (IPBA) at Marina Bay Sands from May 2-5. “It’s a big topic for the legal sector,” says Yap Wai Ming,
      493 words
    • Article, Illustration
      Lock icon NUS Business School reaches out to China
      508 12  -  It’s making inroads with existing and new programmes By EILEEN TAY NATIONAL University of Singapore (NUS) Business School is making inroads into China through a series of programmes, both existing and new. “China is a growing area, but at the same time China
      FILE PHOTO  -  508 words
    • Article
      Lock icon Political contest healthy for S’pore: Eng Hen
      261 12 EDUCATION Minister Ng Eng Hen says it is healthy that there is political contest in Singapore. He was responding to reporters yesterday who asked him about the recent activity by opposition parties in various constituencies, Channel News Asia reported. Dr Ng said he
      261 words
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      149 11 m m IM m, m M I W, m Importing f t'd w th DHL m *0 m Ml Importing WE MAKE IMPORTING SIMPLE. Regulations, middlemen, paperwork and so many other details can leave you tied up in knots. Why not rely on DHL IMPORT EXPRESS WORLDWIDE to untangle your
      149 words
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      3077 12 Toll free: 1800-289-8822 Email: notices@sph.com.sg KPLAS Resolution 8 Resolution 9 Holdings Limited (Registration No.: *****0326D) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of K Plas Holdings Limited (the "Company") will be held at 8 Wilkie Road, #03-01 Wilkie Edge, Singapore
      3,077 words
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      25 12 7 1_TFIND THE ONES j THAT FIT! Recruit the right people through CATS Recruit. Call 1800 289 8822 or email j to advertise. •n 1
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      3330 13 B ROADWAY INDUSTRIAL GROUP LIMITEDI Company Registration No.: *****5266K (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING (4) (5) NOTICE IS HEREBY GIVEN that the Annual General Meeting of Broadway Industrial Group Limited (the "Company") will be held at 65 Chulia Street, #33-01 OCBC Centre (West Lobby),
      3,330 words
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      11 13 CATS Recruit The first door to your world of opportunities CLA/AUG06/g
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Too many hats?
      2820 14 THIS WEEK’S TOPIC To what extent is a director’s effectiveness compromised by the number of directorships he or she holds? Is there an optimal maximum number? Na Boon Chong Director consulting, South-east Asia Aon Consulting MY view is that guidelines that cover different situations are useful, but
      FILE PHOTO  -  2,820 words
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      1215 15 ADVERTORIAL FEATURE Taking the dynamic approach SIM’s The Job of the Chief Executive programme (JOCE) has helped Catlin Asia Pacific’s Chief Executive, Mark Newman realise that his company needed to fine-tune its strategy for China. “It (the programme) made me realise while I was attending the programme that we could
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Funding the future of social enterprise
      1270 16  -  Social investment approaches offer a way for certain social organisations to scale their impact and better serve their clients, says GRACE SEGRAN GRACE SEGRAN TEN years ago, it was not fashionable for social enterprises to take loans. Even if they wanted to, nobody would
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      Lock icon Nanyang MBA team shines at prestigious contest
      936 16  -  CAMPUS LIFE By JOHNNY WIDODO The writer is on the MBA programme run by Nanyang Business School, NTU WITH the economy climbing out of the recession and college graduates facing a competitive job market, some practical experience is essential to secure an edge.
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  • Page 16 Advertisements
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      56 16 This article was first published by ‘INSEAD Knowledge’ in March 2010 THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of
      56 words
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      5183 17 HATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg MEM MEMTECH INTERNATIONAL LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****2032Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Sheraton Towers
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  • ECONOMY WATCH
    • Article
      Lock icon Surging orders point to growth in economies
      387 18 But in Greece, new orders keep declining; in Japan, they recover slowly NYT [NEW YORK] Throughout much of the world, businesses are reporting a continuing surge in new orders, providing an indication that economies are growing. In most countries, orders received by manufacturing
      NYT  -  387 words
    • Article, Illustration
      Lock icon Bank reform needs more coordination: IMF
      511 18 Bloomberg AFP [LONDON] International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn said greater international cooperation is needed on reform of the financial system to secure the economic recovery. “Many countries are approaching these big-picture reforms from different directions and at different speeds,” he said
      Bloomberg; AFP; REUTERS  -  511 words
    • Article
      Lock icon Good response expected for Chile bond offering
      516 18 Reuters [NEW YORK] Faced with an estimated US$30 billion in economic damage after a massive earthquake, Chile will find a receptive international market for a Eurobond offering that is a key piece of its reconstruction financing. Chile, the world’s No 1 copper producer,
      Reuters  -  516 words
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      249 18 The Sunday Times Presents Ultimate Parker in Asia Grand Tasting r I i 4 Ultimate Parker in Asia GRAND TASTING I The Ballroom, The Fullerton Hotel Singapore 1 and 2 May 2010,9am to 4pm Savour over 300 of the finest wines at the 2-day wine extravaganza. It's the meeting-point for
      249 words
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      11 19 CATS Recruit The first door to your world of opportunities CLA/AUG06/g
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      1964 19 I -4 GUTHRIE GTS LIMITED (Incorporated in the Republic of Singapore) GUTHRIE Company Registration Number: *****0390N GTS Sr.ce 1821 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty-First Annual General Meeting of Guthrie GTS Limited (the "Company") will be held at Calypso Room (Level 1), Copthorne Orchid
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Putting more oomph into KL stock market
      623 20  -  Large companies with ample free float and liquidity will attract foreign investors MALAYSIA INSIGHT PAULINE NG KL Correspondent THE Malaysian bourse has been looking for more large caps to get onboard as institutional investors foreign ones especially have observed that most listed companies
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    • Article
      Lock icon Sime Darby focusing on Malaysia to improve yields
      339 20 Palm oil producer seeks to emulate its success in Indonesia Bloomberg [BRUSSELS] Sime Darby Bhd, the world’s biggest listed palm oil producer, will start focusing on its Malaysian plantations to improve yields, seeking to emulate successes achieved in neighbouring Indonesia, chairman Musa
      Bloomberg  -  339 words
    • Article
      Lock icon Indonesia’s growth may hit 6% this year
      262 20 Reuters [JAKARTA] Indonesia’s economy is likely to expand at the upper end of the central bank’s 5.5-6 per cent forecast range this year, senior deputy central bank governor Darmin Nasution said last week. South-east Asia’s biggest economy expanded 4.5 per cent last year,
      Reuters  -  262 words
    • Article
      Lock icon BURSA MALAYSIA
      2070 20 VOL Apr 9 RM +/-(‘000) A M Realty 0.65 -0.02 10 Abric Bhd 0.18 unch 0 Advance Synergy 0.16 0.01 1057 Adventa Bhd 3.59 -0.02 1344 Ae Multi Hldgs 0.72 -0.02 4498 Affin Holdings 3.21 -0.04 3452 Ahmad Zaki Resou 0.93 0.02 135 Aic Corp 0.79 -0.01 1435
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      Lock icon Indonesian tax dept swindled by syndicate
      489 20 Reuters [JAKARTA] A scandal in Indonesia’s tax department has exposed how corrupt tax and law enforcement officials set up a “massive” syndicate to defraud the government and embezzle funds, a legal reform official said last week. Mas Achmad Santosa, a member of a task
      Reuters  -  489 words
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      46 20 New Age Warfare,, x 2010 mm' S'PORE Ten Dazzling Award Categories for all Bloggers Best Local and Overseas Celebrity Blags mt j p C~1005PR f 1 X JOIN NOW! Win over $40,000 worth of prizes! Nomination and Registration Now Open! Closing Date: 9 May 2010 http://sgblogawards.omy.sg
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      24 20 f 0 COUSVilRlts 16 clllts 20 days f WlNNtR It could be you "i I for r *dio9i 3 de trio re c om
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      4324 21 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg SINGXPRESS LTD. (Company Registration No.: *****3164K) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of SingXpress Ltd. ("the Company") will be held at Vanda 1, Grand Hyatt Singapore, 10 Scotts Road,
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China to banks: Get tough on loans to developers
      712 22 Regulator’s teams to visit banks to ensure any irregularities have been rectified Reuters [BOAO, China] China’s banks must report on the quality of their loan books by the end of June and take fresh steps to rein in risky lending to
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      Lock icon China urged to target currency basket
      483 22 Reuters [BOAO, China] China should change the way it manages the yuan and target a basket of currencies instead of the US dollar, according to a recent adviser to the central bank. The comments by Fan Gang, head of the National Economic Research Institute
      Reuters  -  483 words
    • Article
      Lock icon Risk of US-Beijing trade war hasn’t vanished
      874 22 A conflict over the yuan will badly bruise both nations NYT [NEW YORK] The United States and China have edged away from a trade war, but both sides are keeping their powder dry. China is quietly preparing for a modest appreciation of its
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    • Article
      Lock icon Turnaround of poor Indian state can serve as a model
      796 22 NYT [PATNA, India] For decades, the sprawling state of Bihar, flat and scorching as a griddle, was something between a punch line and a cautionary tale, the exact opposite of the high-tech, rapidly growing, rising global power India has sought
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    • Article
      Lock icon Banks scramble for role in US$20b AgBank IPO
      560 22 Reuters [HONG KONG] Six weeks after suffering a huge disappointment with the loss of AIA’s massive initial public offering (IPO), equity capital markets bankers in this region received an unexpected present in their inboxes from one of China’s largest banks. The surprise
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      Lock icon Suzlon Energy bullish on China
      743 23 Indian turbine maker expects to increase its market share as it further reduces costs Reuters [BOAO, China] Competition has got tougher for foreign wind power manufacturers in China, but Indian turbine maker Suzlon Energy still expects to increase its market share as it further cuts
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      3362 23 MATS BUY IT-SELL IT-FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg HEETON HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration number: *****1387M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 60 Sembawang Road #01-02/03 Hong
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      201 24 Look no further. Boasting a worm and delicate exterior, Pare Elegance assures you much joy and splendour. Every of the astounding units leave you craving for more of the luxurious intricacies that unveil. To fulfil one's earthly needs or desires, amenities like Kembangan MRT, Siglap Centre, Parkway Parade and reputable
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  • ASIA-PACIFIC
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      Lock icon Japan’s consent to resume beef talks heartens US
      563 25  -  Japan, China, India are targets for US agricultural exports, says Vilsack By ANTHONY ROWLEY US Secretary of Agriculture Tom Vilsack left Tokyo at the end of last week saying he was “encouraged” by the Japanese government’s agreement to re-open talks on the
      AFP  -  563 words
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      Lock icon Top Japan paper imposes ‘link policy’
      814 25 NYT [TOKYO] Japan’s largest business newspaper, the Nikkei, joined the trend of other news sites last week by requiring readers to pay to view its website. But, in a twist, it also imposed a policy severely restricting links to its articles or even its
      NYT  -  814 words
    • Article
      Lock icon Probe on Rio Tinto over China case
      198 25 AFP [SYDNEY] Australia’s corporate watchdog is probing mining giant Rio Tinto after China jailed four staff for bribery and industrial espionage, the body’s chief said yesterday, describing the inquiry as “routine”. Tony D’Aloisio, head of the Australian Securities and Investments Commission, said the
      AFP  -  198 words
    • Article
      Lock icon Mutual funds waiting for a Nikkei bounce
      730 25 They show promise after negative 6.8% returns in a decade NYT [NEW YORK] The Japanese stock market has had more comebacks than Elvis. In the past two decades, investment professionals have repeatedly proclaimed that Japan’s long bear market might have ended. Yet today,
      NYT  -  730 words
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      Lock icon Toyota risks another penalty
      467 26 US regulator may pursue second fine based on documents from car maker Reuters [DETROIT] US safety regulators may seek a second penalty against Toyota Motor Corp for knowingly delaying a massive recall over defective accelerator pedals, after imposing a record US$16.4 million fine against the automaker
      Reuters; REUTERS  -  467 words
    • Article
      Lock icon South Korea may put rates on hold
      496 26 Reuters [SEOUL] South Korea’s economy is growing faster than expected but has yet to prove it can sustain the recovery, the central bank said last week, reinforcing market view that interest rates will stay low at least until mid-year. The Bank of Korea
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      Lock icon Japan’s huge public debt a big concern
      843 27 Some economists see bankruptcy risk while others talk of prolonged deflation AFP [TOKYO] Greece’s debt problems may currently be in the spotlight but Japan is walking its own financial tightrope, analysts say, with a public debt mountain bigger than that of any other
      AFP; AP  -  843 words
    • Article
      Lock icon Aussie Treasurer confident about cutting stimulus
      377 27 Bloomberg [MELBOURNE] Australian Treasurer Wayne Swan said he remains confident the government is acting appropriately by withdrawing fiscal stimulus gradually as the global economy recovers from recession. Australia is performing better than other developed nations and many businesses expressed optimism in consultations with the
      Bloomberg  -  377 words
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      99 25 dl§*f M' rBOATasia LIFE CAN BE PERFECT 15 18 APRIL 2010 I MARINA AT KEPPEL BAY I WWW.BOAT-ASIA.COM Parking may be found at the following locations: Habourfront Centre Keppel Bay Tower Reflections at Keppel Bay Show Gallery carpark Free hospitality Shuttle Bus Service from the following pick-up points: HarbourFont Avenue
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      4022 26 BUY IT-SELL IT-FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg Wj AnnoiK j- J LIMITED ANNAIK LIMITED (Co. Reg. No. *****2066M) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of AnnAik Limited ("the Company") will be held at 135
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      24 26 ft -fr- «L Lianhe Zaobao Rosy times ahead for shipbuilding S-cnips as new orders rise? iaffiilk TKMIIP mi? For Subscription, call 6388 3838 www.sphsubscription.com.sg
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      1359 27 MATS BUY IT-SELL IT-FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg CHT (HOLDINGS) LTD. (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of CHT (HOLDINGS) LTD. (the "Company") will be held at Esplanade Room 2, Level 4, Carlton
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      1809 27 FIRSTLINK INVESTMENTS CORPORATION LIMITED iKI!Y (Registration No. *****2562E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-First Annual General Meeting of the Company will be held at The Guild, NUSS Suntec City Guild House, 3 Temasek Boulevard #05-001 Suntec City Mall, Singapore *****3 on Wednesday, 28 April
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      5250 28 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg EZION HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4364E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Ezion Holdings Limited ("the Company") will be held at No. 87 Science Park Drive, Science
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      18 29 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. CATS Recruit The first door to your world of opportunities CLA/AUG06/g
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      2554 29 if eunetworks EUNETWORKS GROUP LIMITED (Incorporated in the Republic of Singapore on 18 September 1999) (Company Registration no. *****5625E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of euNetworks Group Limited (the "Company") will be held at CIMB-GK Investment Centre, 50 Raffles Place, #01-01
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      2055 30 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg /SDJVHoldings ISDN HOLDINGS LIMITED (Incorporated In the Republic of Singapore Company Registration No. *****6788Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ISDN HOLDINGS LIMITED (the "Company") will be held at 105 Tampines Road #06-06 Wing
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      94 31 < --~T c I M 1 1 S V. I n f "1 j I J L n "7 *5 ~> J L L T I i 3 FIND THE ONES Cl THATFIT! :o L Recruit the right people through CATS Recruit. )—■—s f=~Call 1800 289 8822 or email v
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      2968 31 EASirECH EASTERN ASIA TECHNOLOGY LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.*****8484D) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting f'EGM'") of Eastern Asia Technology Limited (the "Company") will be held at Lavender Room, Level 3, Orchard Hotel, 442 Orchard Road, Singapore
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon No live rounds fired at Red Shirts, says govt
      652 32  -  Authorities used weapons ‘only in self-defence and to fire into the air’ THAI CRISIS By LEE U-WEN THAI security forces did not fire any live rounds at red-shirted protesters during Saturday’s violent clashes in Bangkok, a top government spokesman said on
      AP  -  652 words
    • Article
      Lock icon Thai ‘perfect storm’ may drive investors to bonds from stocks
      696 32 Bloomberg [SINGAPORE] A “perfect storm” is gathering in Thailand, as once surging stocks threaten to drop, boosting record corporate bond sales that are withstanding the political turmoil, according to Standard Chartered plc. There have been 48 company debt sales in
      Bloomberg  -  696 words
    • Article, Illustration
      Lock icon Polish president’s body returns to Warsaw
      455 32 [WARSAW] The body of President Lech Kaczynski was returned to Poland yesterday, where it was greeted by grieving dignitaries and thousands of Poles lining the route from Warsaw’s airport to the presidential palace. The plane carrying Mr Kaczynski’s body arrived from the airport in
      REUTERS  -  455 words
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      1582 32 WATS €0 NOTICES BUY IT• SELL IT• FIND IT CHINA JISHAN HOLDINGS LIMITED (Incorporated in Singapore with limited liability) (Company Registration No. *****0591E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixth Annual General Meeting of China Jishan Holdings Limited (the "Company") will be held at Copthorne
      1,582 words
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      7 32 Crash highlights ‘lamentable’ air fleet, Page 36
      7 words
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  • FOCUS: MONEY
    • Article, Illustration
      Lock icon US says goodbye to cheap credit
      1289 33 Sustained rising interest rates is likely in the US even as its economy recovers; this could be a shock for many consumers NYT [NEW YORK] EVEN as prospects for the American economy brighten, consumers are about to face a new financial burden: a sustained
      NYT; AFP  -  1,289 words
  • Page 33 Advertisements
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      3535 33 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg INTERNET TECHNOLOGY GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****3068K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Boardroom, No. 10 Changi South Lane #07-01, Singapore
      3,535 words
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  • WORLD
    • Article
      Lock icon Lowering the bar may lead to a climate deal
      721 34 Less focus on a legally-binding treaty may yield action on the ground, say experts Reuters [BONN] The prospect of a global climate treaty is fading as the world’s top two carbon emitters, China and the United States, avoid legally binding action.
      Reuters  -  721 words
    • Article
      Lock icon Polls suggest Tories may not get majority
      408 34 Reuters [LONDON] The opposition Conservatives narrowly extended their lead over the ruling Labour Party in the opening days of the British election race, but polls yesterday cast doubt on whether they will return to power after 13 years. The Conservatives’ lead over Prime
      Reuters  -  408 words
    • Article
      Lock icon Germany holding first ‘4G’ auction in Europe
      375 34 AFP [MAINZ, Germany] In 2000, at the height of the tech bubble, telecom operators fell over themselves to snap up 3G or third-genera-tion mobile licences in an auction in Germany. In the hangover that followed, successful bidders were left drowning in a sea
      AFP  -  375 words
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      3595 34 11 VIBROPOWER CORPORATION LIMITED (Unique Entity Number *****4436E) (Incorporated in the Republic of Singapore on 23 May 2000) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of VIBROPOWER CORPORATION LIMITED (the "Company") will be held at 11 Tuas Avenue 16 Singapore *****9 on 30
      3,595 words
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  • FOCUS: EUROZONE
    • Article, Illustration
      Lock icon The gap that threatens Europe
      1131 35 The divide between the northern and southern eurozone countries may hurt the region more than the Greek crisis Bloomberg [ROME] ELINA Helmanen and Minas Megalokonomos embody a widening north-south divide that may put the euro region at more risk than the Greek budget does. Ms
      Bloomberg; BLOOMBERG PHOTOS  -  1,131 words
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      3550 35 w BEATS NOTICES BUY IT-SELL IT• FIND IT Toll free: 1800-289-8822 Email: notices@sph.com. ptens Global PTERIS GLOBAL LIMITED (Incorporated in the Republic of Singapore) Registration No. *****0230M NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Pteris Global Limited will be held at 28
      3,550 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon Stranded ship near Aussie reef highlights conflicts
      690 36 Divisions between environmental and commercial interests will deepen: groups AFP [SYDNEY] A stricken Chinese ship that leaked oil onto the Great Barrier Reef is a loud wake-up call about the environmental risks of Australia’s booming trade with its Asian neighbours, conservationists say. The
      AFP  -  690 words
    • Article
      Lock icon Indian shipowners seek new anti-piracy strategy
      422 36 AFP [MUMBAI] Alarmed by a big jump in pirate attacks, India’s shipping industry says it needs a new security strategy to safeguard vessels in the dangerous waters off Somalia’s lawless coast. At least 95 Indian sailors are still being held by Somali pirates after
      AFP  -  422 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2832 36 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1230 SQ456 1250 --EY473 1950 Adelaide LH9771 1745 LH9770 2350 SQ268 1745 SQ269 2350 Amsterdam LO4031 0605 LO4032 2345 SQ323 0605 SQ324 2345 US5410 0605 US5411 2345 AZ3992 1525 KL835 1525 Athens SQ348 0105 Auckland LH9761 0640 LH9760
      2,832 words
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      Lock icon TRANSPORT STOCKS
      278 36 SGX '000 Apr 9 S$ +/-Vol CH Offshore 0.68 0.01 1023 Chuan Hup Hldgs 0.30 unch 169 Cosco Corp 1.51 0.11 ***** CWT Ltd 1.15 0.03 5160 Ezra Hldgs 2.55 0.07 2962 First Ship Lease 0.64 unch 1048 Freight Links 0.06 0.01 953 Grand Banks unch unch 0
      278 words
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      Lock icon UAL, US Air merger will be all-stock deal: sources
      534 36 Reuters [NEW YORK] The merger talks between United Airlines and US Airways revolve around doing an all-stock deal, with United paying US Airways shareholders a premium similar to that of the Delta-North-west merger, people familiar with the matter said. Delta, which
      Reuters; AFP  -  534 words
    • Article
      Lock icon Polish crash highlights ‘lamentable’ air fleet
      261 36 Reuters [WARSAW] The crash of a Polish official airliner that killed President Lech Kaczynski and dozens of top officials on Saturday highlights the condition of the government’s air fleet, called “lamentable” by many critics. The government has debated whether to replace its fleet of
      Reuters  -  261 words
  • Page 36 Miscellaneous
    • Miscellaneous
      Lock icon Page 36 Miscellaneous Column 1
      360 36 CRYPTIC CROSSWORD Across 1 Examine closely tailoring of nicer suits (10) 6 Depression not ending for poor neighbourhood (4) 10 Enthusiastic person close to exhaustion after march (5) 11 Challenger, perhaps, following judge a source of new ideas? (5,4) 12 A runner’s base? (5,3) 13 Glam headwear? It is pulled
      360 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Elusive flavours
      822 37  -  NEW RESTAURANT Osia 8 Sentosa Gateway Resorts World Sentosa Tel: 6577-8899 By Jaime Ee AUSTRALIAN cooking is a tricky act, especially when it’s done outside of that country. What restaurants in Singapore don’t already import fresh Australian produce? How does one define Aussie cuisine do you put kangaroo
      822 words
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      Lock icon A taste of honest cuisine
      329 37  -  GUEST CHEF Dieter Kaufmann at Les Amis #02-14 Shaw Centre, 1 Scotts Road Tel: 6733-2225, www.lesamis.com.sg 37 By Audrey Phoon THE Order of Merit of the Federal Republic of Germany is awarded to those with achievements that the country’s president reckons are of “particular value
      329 words
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      411 37 i i f WINE DINE AND HOSPITALITY World Gourmet Summit 1 to 30 April 2010 With the return of World Gourmet Summit, Hua Ting Group Masterchef Chan Kwok and Masterchef Lap Fai are once again set to serve up the finest cuisines and best of wines for a truly unique
      411 words
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      27 37 Dieter Kaufmann will also be conducting a culinary masterclass ($68+ per person) tomorrow from 3pm to 5pm at the Singapore Tourism Board auditorium. To book, visit www.worldgourmetsummit.com
      27 words
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      2305 38 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. (B T SHANGHAI TURBO ENTERPRISES LTD. Iuroo (Company Registration No. CT-*****4) (Incorporated in the Cayman Islands) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Shanghai Turbo Enterprises Ltd. ("the Company") will be held at Sapphire 2,
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      Lock icon Page 38 Advertisements Column 2
      2465 38 Southern Packaging Group Limited (Company No.: *****3312N) (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Meeting Room 313, Level 3, 1 Raffles Boulevard, Suntec City Singapore International Convention Centre, Singapore *****3
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      2320 39 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. OAKWELL ENGINEERING LIMITED (INCORPORATED IN SINGAPORE) (CO. REG. NO: *****3368H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of OAKWELL ENGINEERING LIMITED (the "Company") will be held at The Conference Room, 8 Aljunied Avenue 3, Oakwell Building,
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      2123 40 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. VIBROPOWER CORPORATION LIMITED Registration No. *****4436E (Incorporated in Singapore) NOTICE IS HEREBY GIVEN that the 2010 Annual General Meeting of the shareholders of the Company will be held at 11 Tuas Avenue 16 Singapore *****9 on Friday, 30 April 2010 at 9.00 a.m.
      2,123 words
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      11 40 CATS Recruit The first step on your ladder to success CLA/AUG06/g
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      251 40 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF (1) CHOCOLATE BOX PTE LTD (Co Reg. No.: *****3818M) (2) FLEMMING PHARMACEUTICAL PTE LTD (Co. Reg. No.: *****5763C) (3) PIXELWORX PTE LTD (Co. Reg. No.: *****1497D) (4) REAL CHALLENGE PTE LTD (Co. Reg. No.: *****5096Z) (5)
      251 words
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      22 40 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. d
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      3068 41 WAT-3 BUY IT-SELL IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg CHINA MERCHANTS HOLDINGS (PACIFIC) LIMITED [Company Registration No. *****1278D] (Incorporated In The Republic of Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of CHINA MERCHANTS HOLDINGS (PACIFIC) LIMITED (the "Company") will be held at Marina Mandarin Singapore, Pisces/Aquarius
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      2441 41 A SUPER COFFEEMIX MANUFACTURING LTD (Company Registration No. *****1696K) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Super Coffeemix Manufacturing Ltd ("the Company") will be held at 2 Senoko South Road, Super Industrial Building, Singapore *****6 on
      2,441 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9384 42 52-wks Tel Last Vol Week Last Quote Div GrYld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 4.5 3148 8Telecom 17.5 unch 2991 17.5 16.5 16.5 17.5 1.7 10.3 5.6 83.8 10 3.5 5834 A-Sonic 7.5 unch 490 8
      9,384 words
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      Lock icon SGX CATALIST
      2069 43 52-wks Tel Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 10 5 1181 t AA Grp 5 -0.5 145 5 5 4.5 5 27.8 4.8 25 12 8538 t APStrategic 15.5 unch
      2,069 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      113 43 Stock name Close Change Stock name Close Change Stock name Close Change CapMallsAsia 2.320 +0.030 CapitaLand 4.070 +0.030 CapitaMall 1.810 +0.010 CityDev 11.400 -0.180 ComfortDelGro 1.560 +0.010 DBS Grp 14.680 +0.020 F&N 4.900 -0.050 Genting SP 0.900 +0.005 Golden Agri 0.610 +0.010 HK Land 5.160 +0.060
      113 words
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      Lock icon STOCKS ASIA
      2703 43 Transaction date: Apr 9 For a full listing of the closing prices, log on to BT online at http://business-times.asia1.com.sg after 11.30pm every trading day HONG KONG Vol HK$ +/-'000 Aeon Credit 6.60 unch 0 Aeon Stores 13.20 0.02 18 Angang Steel 15.10 0.18 9895 Anhui Conch 55.65 0.65
      2,703 words
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      Lock icon SECURITIES TRADING SCOREBOARD
      186 43 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 15 2 1 0 0 0 15 2 1 Manufacturing 155 42 50 15 8 19 170 50 69 Commerce 50 15 18 14 2 5 64 17 23 Tpt/Stor/Comms 30 10 6
      186 words
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      Lock icon SGX ETF
      658 43 52-Wk Tel Last Vol Week Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 112 107 6389 ABF SG Bond ETF 112 +2.5 10 112 108.6 109.1 112 511.3 873 521 CIMBAsean40 100US$ US860 +3 251 873 848
      658 words
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      Lock icon CLOB INTERNATIONAL
      82 43 52-Wk Tel Last Vol Week Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 26 6000 AVJennings A46.5 -1 111 48 46.5 46 50 3.6 7.5 3.7 121.1 31 8.5 6017 Genting HK US$ US22 unch *****
      82 words
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      Lock icon SECURITIES TRADING TURNOVER
      123 43 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 157,262 157,262 342,237 342,237 Manufacturing 2,849,629 397,886 3,247,515 1,427,350 13,007 1,440,357 Commerce 1,056,520 118,904 1,175,424 779,561 30,513 810,074 Tpt/Stor/Comms 726,496 23,242 749,738 1,027,979 4,056 1,032,035 Finance 138,256 136 138,392 712,981 14 712,995 Construction 811,593 429,499
      123 words
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      26 43 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      365 44 In local curr In S$ In US$ dy yr dy yr dy yr Apr 9 Index Change Change Change Change Change Change World Index Preliminary 882.3 0.7 6.0 0.6 3.6 0.9 4.6 EAFE Preliminary 825.9 1.0 5.2 1.1 0.8 1.4 1.8 Europe Preliminary 1178.3 1.4
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    • Article
      Lock icon INTERBANK RATES
      178 44 Apr 9 Bid $S Offer Bid Overnight 0.08 0.03 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 0.03 US$ Offer Bid 7 days 0.28 0.22 1 month 0.35 0.25 2 months 0.36 0.26 3 months 0.37 0.27 6 months 0.52 0.42 9 months 0.80 0.60
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    • Article
      Lock icon US$/S$ FORWARD RATES
      23 44 Apr 9 Apr S$ Bid Offer 1-month 1.3930 1.3939 2-months 1.3932 1.3941 3-months 1.3933 1.3943 6-months 1.3938 1.3949 Source: OCBC
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    • Article
      Lock icon SICOM FUTURES
      182 44 Apr 9 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) May 10 388.0 380.0 388.0 23 Jun 10 378.0 Jul 10 363.0 361.0 363.0 92 Aug 10 346.0 345.5 350.0 80 Sep 10 345.0 344.0 345.0 30 Oct 10
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    • Article
      Lock icon GOVERNMENT SECURITIES
      88 44 Apr 9 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 08.07.2010 0.35 0.3 0.3 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 104.05 5-Year N*****0N 1.375 01.10.2014 100.8 100.9 100.83
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    • Article
      Lock icon CHICAGO BOT
      105 44 Apr 9 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 10 952.25 946.50 964.00 943.25 Jul 10 962.00 956.00 973.00 953.00 Aug 10 957.25 953.00 968.25 952.25 Sep 10 943.25 942.00 952.00 937.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 10 40.04 39.92 40.48
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 44 CRUDE OIL PRODUCTS Apr 8 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 85.09 -1.10 WTI (Near Mth) 85.67 -0.01 Dubai (1-Mth F) 83.12 -0.74 Tapis blend 87.95 -0.95 Minas 86.75 -0.95 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 80.20 -0.35 Jet Kerosene 94.90 -0.55 US$/barrel Opec Oil
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2678 44 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3.5 1 2894 1 15 19 4.43 49 4085 ASJ Hldgs W*****1 4 0.5 220 1 4 23 1.63 22 2036 Advance SCT Ltd W*****9 0.5
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      133 44 Apr 9 As at 9am Apr Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2840 1.3220 Can dollar 1.3850 1.4000 Euro 1.8540 1.8750 NZ dollar 0.9790 0.9990 Sterling pound 2.1220 2.1440 US dollar 1.3870 1.4030 Local dollars to 100 units of
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    • Article
      Lock icon STOCK INDEX FUTURES
      30 44 Apr 9 Sett Open High Sett STI Apr 2956 2956 2955 SIMSCI Apr 348.7 350.5 350.4 Taiwan Apr 287.5 289.0 288.8 Source: MF Global (S) Pte. Ltd
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    • Article
      Lock icon INTERBANK CROSS RATES
      467 44 Apr 9 Apr A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.930 6.343 0.693 7.211 41.181 83.957 0.869 10.393 2.966 1.308 77.985 41.651 1.295 6.704 0.994 29.298 29.990 0.605 0.930 Canada 1.076
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    • Article
      Lock icon SIBOR
      86 44 Apr 9 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** Apr 6 mths 0.***** 9 mths 0.***** 12
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 44 Apr 9 Apr Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2943 1.2957 0.9293 0.9297 Canadian dollar 1.3920 1.3937 0.9994 1.0000 Euro 1.8669 1.8688 1.3404 1.3409 NZ dollar 0.9893 0.9906 0.7103 0.7108 Sterling pound 2.1392 2.1413 1.5359
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    • Article
      Lock icon PRECIOUS METALS
      139 44 Apr 9 GOLD (US$/oz) Apr 08 Apr 09 Hong Kong 1145.70 1155.50 Apr 09 Apr 08 London 1158.55 1150.80 1159.35 1151.60 Source: Thomson Reuters CAST BAR Apr 09 (S$) Selling Buying Kilobar 55,183.11 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 124.12 51 5gm 350.96 257 10gm 627.02
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    • Article
      Lock icon LONDON METALS
      70 44 Apr 9 Apr Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2372.75 2327.75 3 months 2406.00 2358.50 Copper, Grade A (US$/tonne) Cash 7893.50 7861.25 3 months 7925.00 7892.00 Lead (US$/tonne) Cash 2305.00 2262.25 3 months 2332.00 2290.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash
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    • Article
      Lock icon LIFFE
      77 44 Apr 9 COCOA (£/tonne) Close Prev High/Low May 10 2131 2141 2149/2126 Jul 10 2151 2160 2169/2145 Sep 10 2124 2132 2137/2120 Dec 10 2099 2108 2109/2094 COFFEE (US$/tonne) Close Pev High/Low May 10 1340 1338 1358/1333 Jul 10 1376 1374 1393/1369 Sep 10 1405 1405 1421/1400 SUGAR (US
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    • Article
      Lock icon PALM OIL
      67 44 Apr 9 Apr KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 10 2573 2580 2580 2560 163 1732 May 10 2524 2553 2553 2517 2255 ***** Jun 10 2500 2594 2594 2500 9405 ***** Jul 10 2491
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      366 44 Apr 9 Apr OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.6350 0 3549 Sep10 99.4700 0 2060 Dec10 99.1900 0 1676 Mar11 98.8300 0 2390 EUROYEN TIBOR FUTURES Jun10 99.6200 99.6200 99.6150 99.6150 126 4404 Sep10 99.6350 61 3767 Dec10 99.6400 0 1430 Mar11 99.6250
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  • Page 45 Advertisements
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      Lock icon Page 45 Advertisements Column 1
      1943 45 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. Malaysia, Indonesia Destination DD LEADER
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    • Advertisement
      Lock icon Page 45 Advertisements Column 2
      1518 45 WAN HAI INTERNATIONAL PTE LTD UEN: *****4695M TEL: *****588 (14 LINES) FAX: *****163 PKL TEL: (03) *****888 FAX: (03) *****288 PEN TEL: (04) *****00 FAX: (04) *****99 JOH TEL: (07) *****23 FAX: (07) *****21 SUR TEL: (031) *****75 FAX: (031) *****14/*****05 JKT TEL: (021) *****88 FAX: (021) *****88 PLM TEL:
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  • Page 46 Advertisements
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      Lock icon Page 46 Advertisements Column 1
      2220 46 SHIPPING TIMES HDS LINES THE SHORTEST TRANSIT TO PERSIAN GULF Visit our website at: TBA CONTAINER SERVICE TO JEDDAH, ISTANBUL, MIDDLE EAST, PERSIAN GULF, CIS, MEDITERRANEAN AND NORTHERN EUROPE HDM SERVICE FMX and SMX SERVICE Connecting EMC SERVICE via MALTA VESSEL VOY SIN PKG JEA BND BIK SIN PKG JED
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    • Advertisement
      Lock icon Page 46 Advertisements Column 2
      926 46 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO: COLOMBO, COCHIN, NHAVA SHEVA, JEBEL ALI, DAMMAM ALSO ACCEPTING CONTAINERS TO ALL NORTHERN AND WESTERN INDIAN ICD POINTS VESSEL VOY SIN PKL (W PORT) CMB (JCT2) NSA (NSICT) NORDWELLE VNW040 06 APR 07 APR 12 APR 15 APR SCI VIJAY 041W 15 APR 16
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  • Page 47 Advertisements
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      Lock icon Page 47 Advertisements Column 1
      1015 47 r DEL MONTE PACIFIC LIMITED (Incorporated in British Virgin Islands with limited liability on 27 May 1999) NOTICE OF GENERAL MEETING NOTICE IS HEREBY GIVEN that a General Meeting (the "GM") of the shareholders of Del Monte Pacific Limited (the "Company") will be held on Wednesday, 28 April 2010 at
      1,015 words
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      Lock icon Page 47 Advertisements Column 2
      2850 47 Luye Pharma Group Ltd (Company Registration NO. *****) (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Luye Pharma Group Ltd. ("the Company") will be held at Rosewood Room, Swissotel Merchant Court, 20 Merchant Road, Singapore *****1 on
      2,850 words
  • BizIT
    • Article, Illustration
      Lock icon Is it a printer, a PC, or both?
      968 47  -  HP is looking at ways to make printers more intelligent and standalone machines, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY HEWLETT Packard (HP) is giving the home printer a makeover and making it a standalone machine. Long dependant on the PC, the
      ARTHUR LEE  -  968 words
    • Article
      Lock icon Adobe highlights risk of Apple’s Flash exclusion
      403 47 Bloomberg [NEW YORK] Adobe Systems, the maker of the Flash video software, highlighted the risks of exclusion from Apple Inc’s iPad and iPhone for the first time in a corporate filing, indicating the ban could hurt sales. “To the extent new releases of
      Bloomberg  -  403 words
    • Article, Illustration
      Lock icon Moving closer to 4G services
      569 48  -  IDA seeks feedback on 4G spectrum framework proposals and the issues surrounding 4G deployment, reports ONG BOON KIAT ONG BOON KIAT SINGAPORE has taken another step closer to 4G (fourth-generation) services, with the government starting the process of mapping out airwaves suitable for the upcoming
      STOCKXCHNG  -  569 words
    • Article, Illustration
      Lock icon Young users set to make touchscreen PCs a hit
      475 48  -  But adoption by businesses will be slow, says Gartner By JASLENE PANG TOUCHSCREEN PCs are expected to become a big hit in Singapore and across the world with the young leading in its adoption, according to technology research firm Gartner Inc.
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    • <what’s up>
      • Article, Illustration
        Lock icon Avaya names new Asean helmsman
        60 48 NETWORKING equipment maker Avaya has appointed Ray Teske regional director for its Asean operations. He will oversee strategy development, business planning, customer care and sales and marketing. He reports to Avaya’s Asia-Pacific president Francois Lancon. Before joining Avaya, Mr Teske was Nortel’s vice-president for enterprise
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      • Article
        Lock icon StarHub tunes into 4 new channels
        84 48 STARHUB will add four channels to its cable TV portfolio by the end of this month as the battle for pay-television viewers here continues to heat up. Two of the new channels truTV and Warner TV are already available. truTV showcases first-hand accounts of
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      • Article
        Lock icon Nokia leads the way for more handsets
        87 48 PHONE giant Nokia is extending its free navigation perk to two older handsets the E71 and E61. The company has been offering free walk and drive navigation with newer devices such as the E72 and Nokia N97 mini since January. It said it
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      • Article, Illustration
        Lock icon NEC goes pro with new monitor
        97 48 NEC has taken the wraps off the Multisync PA241W the first model of its new PA product family. The new monitors are tailored for professional graphics applications used in photography, animation, video editing and medical imaging. The 24-inch PA241W supports in-plane switching, so users
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      • Article
        Lock icon Regional workstation market rebounds in Q4
        68 48  -  Compiled by WINSTON CHAI SHIPMENTS of branded personal workstations danced in tune with the economic recovery in the fourth quarter of 2009, registering 14 per cent growth year-on-year. Workstations are higher-end machines used in fields such as computer-aided design. According to technology research firm
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    • Article, Illustration
      Lock icon S’pore cloud services to grow 43% over 5 years
      698 48  -  By AMIT ROY CHOUDHURY THE use of cloud computing services in Singapore is expected to grow 43 per cent over the next five years, outstripping the forecast 29 per cent growth in the region. Chris Morris, of IT research agency IDC,
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