The Business Times, 6 April 2011

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Total Pages: 46
1 46 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|5l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Wednesday, April 6,2011
    23 words
  • 750 1  -  PM discusses 2-party system, says the move would have weakened govt By CHUANG PECK MING [SINGAPORE] No system lasts forever and don’t assume the People’s Action Party (PAP) will stay dominant indefinitely. The ruling party not only accepts these hard truths, it has
    750 words
  • 143 1 G ST INDEX 3,146.75 (+6.13) G ST INDEX FUTURES 3,131 (+6) H SIMSCI 372.54 (-0.48) G SIMSCI FUTURES 370.00 (+0.10) FOREX US$ S$ US$ (S$ per US$) 1.261 (US$/S$ per 1.615 2.036 EURO (US$/S$/E) 1.419 1.788 Foreign currency per US$ S$ YEN 84.40 66.90 RM 3.027 2.401 HK$
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  • 907 1  -  Australian Treasurer says he is inclined to reject merger; SGX refuses to sweeten offer By JAMIE LEE [SINGAPORE] In the face of simmering opposition from Australia to the ASX takeover, the Singapore Exchange (SGX) will make no attempt to sweeten the
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  • Page 1 Advertisements
    • 17 1 EURONEXT BID Regulators in a bind PAGE 21 China: One nation, many bubbles OPINION I PAGE 33
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    • 12 1 LAND TRANSPORT Volkswagen sales speed up in Q1 PAGE 38 *****1 *****4
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    • 287 1 STRAIT TALK Lingering ghost at shipping’s big feast PAGE 35 FUKUSHIMA Japan will try to stop dumping radioactive water PAGE 4 EDITORIAL HOCK LOCK SIEW Optimism over SGX’s share price bounce is misplaced Politics trumps business logic in Australia I PAGE 4 mm ci II y rj A high-octane mechanical
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  • TOP STORIES
    • 518 2  -  Fiduciary lapses alleged in company over last few years By S JAYASANKARAN in Kuala Lumpur SPURRED by controlling shareholder Khazanah Nasional, Iskandar Investment filed a police report on Monday against unspecified ex-management heads over fiduciary lapses in the private company over the
      FILE PHOTO  -  518 words
    • 536 2 Swan song signals end of SGX’s bid for ASX IN the face of simmering opposition from Australia over the ASX takeover, the Singapore Exchange will make no attempts to sweeten the deal again, as the bid looks set to fail its first, and now, only hurdle. SGX chief
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    • 516 4 EDITORIAL THE rejection by the Australian government of the Singapore Exchange’s (SGX) bid to take over Australia’s largest bourse operator ASX effectively nips in the bud for reasons that appear largely political what could have been a win-win opportunity for both exchanges. The rejection
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    • 785 4  -  Perks include GST audit exemption, expeditious refunds By MICHELLE QUAH [SINGAPORE] The Inland Revenue Authority of Singapore (IRAS) yesterday launched a holistic self-as-sessment package for businesses to manage their Goods Services Tax (GST) risks the first time such a comprehensive GST compliance programme
      785 words
    • 747 4  -  HOCK LOCK SIEW By R SIVANITHY IN RESPONSE to news that the Australian Treasurer will probably reject the Singapore Exchange’s (SGX) bid for the Australian Stock Exchange (ASX), SGX’s shares yesterday jumped as much as 6.5 per cent before settling for a
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    • 882 4  -  Govt says it had no choice as water was obstructing work to spot major leaks By ANTHONY ROWLEY in Tokyo JAPAN apologised yesterday for dumping low-level radioactive water from its stricken Fukushima nuclear power plant into the Pacific Ocean. It would try
      REUTERS  -  882 words
  • Page 2 Advertisements
    • 485 2 Goods and ServicesTax (GST) Seminar Inland Revenue Authority of Singapore (IRAS)’ GST Programmes Date Monday, 18 April 2011 Time 9.00am to 11.30am Venue NTUC Auditorium, NTUC Centre Seminar Fee Free For more information kpmg.com.sg/seminar Closing Date Wednesday, 13 April 2011 Enquiries ShirleyTay Telephone: +65 6213 2639 Facsimile: +65 6224 1345
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    • 451 2 pwc The Inland Revenue Authority of Singapore (IRAS) has announced the introduction of the long awaited Assisted Compliance Assurance Programme (ACAP) for GST registered businesses. The proposals by the IRAS to co-fund part of the costs of conducting an ACAP review and a full waiver of penalties for incorrect GST
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  • Page 3 Advertisements
    • 40 3 Fact: fami es grow, Assertion: so should their Asset Management Wealth Management Asset Services investments r V Pictet Cie, Geneva-Private Bankers since 1805 Hong Kong: +852 3191 1805 Singapore: +65 6536 1805 askasia@pictet.com www.pictet.com PICTET 18 0 5 Independent minds
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  • Page 4 Advertisements
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  • Page 5 Advertisements
    • 472 5 a; 23 /j A ■r :v r v-V-v." < m m "X Ei r fi-' 1 Is a Hi lAA* I'Mf j<Bm^ _j r r ?S* ■7 ;.7 :*!r'v. M X- lis*' m. T7- in 0.9% P.A. INTEREST ON YOUR SAVINGS. 100% LUXURY IN CHINA'S ICONIC RESORTS. Simply open an
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  • COMPANY NEWS
    • 465 6  -  On a quarter-on-quarter comparison, both volumes and trades in the first quarter were lower than those recorded in the October-December season. By FELDA CHAY INVESTORS jittery over the unfolding crises in the Middle East and Japan’s triple disasters have
      465 words
    • 415 6  -  Reit is expected to carry VivoCity under its umbrella of properties By MICHELLE TAN MAPLETREE Commercial Trust (MCT) is reportedly relaunching its $1 billion initial public offering (IPO) in Singapore as early as today, according to sources familiar with the deal. In fact, one of
      415 words
    • 463 7  -  By SIOW LI SEN UNITED Overseas Bank (UOB) chief executive Wee Ee Cheong has received a 15 per cent pay hike to as much as $8.25 million for 2010 which was also the year when the bank posted a $2.7
      FILE PHOTOS  -  463 words
    • 682 7  -  Board makes point that it has been fair and accountable in proposed disposal By FELDA CHAY THE board of Shanghai Asia Holdings (SAH) has come out to say that all shareholders are entitled to raise questions on its controversial plan to
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    • 1392 9  -  CFOs and the finance function are becoming increasingly involved in strategic decision making, MICHELLE QUAH finds out A NEW ROLE MICHELLE QUAH THE role of the chief financial officer (CFO) has evolved from being a keeper and supplier of financial data, to that of also being
      FILE PHOTO  -  1,392 words
    • 741 9 Fully tenanted S’pore FreePort plans to double its size in next 2 years Reuters [SINGAPORE] Just outside Singapore’s Changi Airport is an innocuous low-rise building ringed by high walls that holds more gold, art, antique cars and fine wines than almost any
      Reuters; FILE PHOTOS  -  741 words
    • 445 10  -  Guidelines address controversial practices like holding clients’ mail By CONRAD TAN [SINGAPORE] The private banking industry here has published a set of guidelines on how private banks and their staff should do business with their clients. The development of a written code
      445 words
    • 454 10  -  By LYNN KAN BEYOND the challenge of retaining talent in businesses, having more diversity among top-level executives is another thing weighing on the minds of head honchos like Olam CEO Sunny Verghese and PT Samudera Indonesia chairman Shanti Poesposoetjipto. An Ernst Young/ Economist
      454 words
    • 336 10  -  By MINDY TAN RH Energy plans to diversify its business to include oil and gas resources. The proposed move into exploration, development and production of oil and gas resources is seen as complementary to its current business as an integrated specialist technical service
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    • COMPANY BRIEFS
      • 56 10 MIN Aik Technology has received more than 90 per cent of valid acceptances in its offer for MAP Technology Holdings, which means that it is now entitled to exercise its right of compulsory acquisition for the remaining shares. The exit offer closes on April 12. Share
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      • 29 10 DYNA-MAC Holdings said yesterday it has signed an MOU to supply topside modules for FPSO OSX-2 a project that is worth about $50 million.
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      • 83 10 SINGAPORE T elecommunications yesterday announced that its ST-2 satellite has been completed and is slated for launch in mid-May. ST-2, a joint venture between SingTel and Taiwanese operator Chunghwa Telecom, is touted to deliver up to 20 per cent more transponder capacity and offers
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      • 79 10 Bloomberg OlAM International, a Singapore-listed farm commodities trader, will invest 413 billion CFA francs (S$1.13 billion) in a palm oil project in Gabon, the African nation’s Ministry of Agriculture said. The company plans to produce 280,000 tonnes of palm oil in the
        Bloomberg  -  79 words
      • 64 10 Reuters [SINGAPORE] Singapore’s Wilmar International, the world’s largest listed palm oil firm, said yesterday that it would borrow US$1.5 billion via a syndicated revolving credit facility to finance its general and working capital requirements. BNP Paribas, Citigroup, DBS, Hongkong and Shanghai Banking Corp, Oversea-Chinese Banking Corp
        Reuters  -  64 words
      • 105 10 BONVESTS Holdings has entered into an agreement to buy the 30 per cent stake of Over Over Limited in Richvein Pte Ltd for $100.99 million. Richvein currently owns and operates the Sheraton Towers Singapore hotel. Bonvests said its board of directors is
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  • Page 6 Advertisements
    • 2881 6 Noble Group Limited (Incorporated in Bermuda with limited liability) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the 2011 Annual General Meeting of Noble Group Limited (the “Company”) will be held at 18thFloor, MassMutual Tower, 38 Gloucester Road, Hong Kong on Friday, 29 April 2011 at 2.30 p.m.
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    • 479 6 2011 Ernst Young Solutions LLP. All Rights Reserved. FEA no. *****147 > 1-1 Indirect tax seminar Goods and Services Tax (GST) Getting ready for the Assisted Compliance Assurance Program (ACAP) Friday, 6 May 2011 Registration starts at 1:30 p.m. Seminar starts at 2:00 p.m. Venue Raffles City Convention Centre Olivia
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  • Page 7 Advertisements
    • 558 7 STAY CONNECTED WITH U.S. MARKET OPEN ANYTIME ANYWHERE <t"aop1 *«coonfs HASDA o U( ®sf H "■Oft*. E*TRADE MOBILE*PRO Empowers your U.S.Trading Now you can go mobile and trade on the U.S. market with your iPhone®, iPad®, BlackBerry® or Android™ smartphone at anytime, anywhere! i...i.ii.1.1 Streaming Real-time Quotes Market Indexes Stocks
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  • SINGAPORE MARKETS
    • 603 8  -  The broad market was not as firm as the index’s reading might suggest there were 189 gains versus 215 falls STOCKS R SIVANITHY Senior Correspondent NEWS that Australia’s Treasurer is to reject the Singapore Exchange’s (SGX’s) bid for the Australian Stock Exchange (ASX)
      Source: Bloomberg  -  603 words
    • 4 8 DAILY
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    • 65 8 Apr 5 VALUE CLOSE BT OB/OS 771.00-250.00 BT CADI -*****.00 -34.00 BT 10-day MA -*****.00 +78.00 FTSE ST Mid Cap 775.30 -1.81 FTSE ST Small Cap 556.16 -1.69 FTSE ST All Share 775.59 +0.72 FTSE ST China Top 280.94 -2.25 FTSE ST China 309.52 -1.62 FTSE ST
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 3 5 0 0 0 6 3 5 Manufacturing 41 65 59 6 4 11 47 69 70 Commerce 18 14 25 6 1 1 24 15 26 Tpt/Stor/Comms 11 21 11
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    • 119 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 52,058 52,058 91,196 91,196 Manufacturing 252,096 37,494 289,590 205,354 2,033 207,387 Commerce 139,891 6,808 146,699 133,247 801 134,049 Tpt/Stor/Comms 174,347 6,475 180,822 242,761 525 243,286 Finance 31,956 31,956 225,302 225,302 Construction 47,370 1,638 49,008 14,881
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    • 113 8 Stock name Close Change CapMallsAsia 1.810 +0.030 CapitaLand 3.410 +0.040 CapitaMall 1.880 -0.020 CityDev 11.600 -0.140 ComfortDelGro 1.530 -0.030 DBS Grp 14.720 +0.020 F&N 6.130 +0.050 GLP 2.000 +0.020 Genting SP 2.100 +0.010 Golden Agri 0.700 -0.015 HK Land 7.050 +0.030 JMH 45.900 +1.380 JSH 27.560
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    • 505 8 CURRENCIES Reuters [SINGAPORE] The South Korean won and the Philippine peso weakened yesterday as investors covered US dol-lar-short positions, but continued interest from foreign investors in Asian shares checked declines in most regional currencies. Australia’s central bank kept interest rates as expected and played
      Reuters; BLOOMBERG  -  505 words
    • 59 8 VOLUME Dyna-Mac 97,943,000 Genting SP 91,636,000 NexGenSCom 83,027,000 XinRen 65,017,000 HPH Trust US$ 60,454,000 Golden Agri 55,806,000 Gallant 28,106,000 GMG Global 27,197,000 *Genting HK US$ 24,867,000 GLP 23,586,000 VALUE($) Genting SP 193,638,512 SGX 129,616,900 CapitaLand 76,549,804 HPH Trust US$ 74,524,315 Dyna-Mac 62,696,355 Keppel Corp 55,802,844 GLP 47,375,870
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    • 113 8 BY CENTS CLOSE UP JMH 4590 174.0 3.1 JSH 2756 116.0 3.5 Lyxor MS India 10US$ 1758 113.5 5.4 DBXT MSAsExJp 10US$ 3458 103.4 2.4 SGX.ES.1104 843 61.0 7.8 DBXT FTChina25 10US$ 3355 42.9 1.0 SGX 833 32.0 4.0 Lyxor India Nifty 10 1675 30.0 1.8 Jardine C&C 3704
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    • 123 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-143.7 -0.8 DBXT AUD Bonds 5AU$ ***** -62.5 -0.3 DBXT FTVietnam 10US$ 3197 -44.1 -1.1 IS MSCI India 100 774 -18.9 -1.9 CombineW 100 290 -15.0 -4.9 CityDev 1160 -14.0 -1.2 Total Access 149 -12.6 -6.3 OCBC Bk 4.5%NCPS 100 ***** -12.0
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    • 5 8 DAILY
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  • Page 8 Advertisements
    • 278 8 The one-stop hub for all your global trading needs. Attend our FREE seminars and equip yourself with relevant and timely market knowledge to help you stay ahead. Date Time Topic Venue 7/04/2011 7.00pm 8.00pm 指数期货入门 11/04/2011 12.00pm 1.00pm Understanding Forex Trading Raffles City Tower Level
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  • Page 10 Advertisements
    • 246 10 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. Balik Kampung Enjoy the comfort food from our childhood days. Our Signature dishes will take centre stage in our 'Go LocaV buffet! For reservations information, please
      246 words

  • Page 11 Advertisements
    • 94 11 sapp aN -v —-mcs Asis Electronics fillflr I 1 ifci t B8fc- r 1 SAFRAN IL 3'.: .^--v v V^v'.x V A... Our warmest congratulations on the opening of the new facility for Electronics Asia Designed, built, own and leaseback BOUSTEAD Since 1828 Our Partners: MA BUILDERS FUJITEC TAT LEE
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  • SINGAPORE NEWS
    • 735 12  -  But Singapore can’t afford to have a bad prime minister at the helm, he says By LEE U-WEN AT this point in time, Prime Minister Lee Hsien Loong does not even know who his successor will be. Speaking at an hourlong
      DESMOND WEE/THE STRAITS TIMES  -  735 words
    • 334 12  -  By TEH SHI NING ELECTRONICS supply chain disruptions due to the Japan earthquake have tempered Singapore’s electronics growth, leading to slower growth in manufacturing activity last month. Singapore’s purchasing managers index (PMI) slipped to 50.1 in March, from February’s reading of 52.3 which
      334 words
    • 429 12  -  Region’s need for infrastructure funds offers opportunities By TEH SHI NING DEMAND for infrastructure finance in the next 50 years presents an opportunity for Singapore to grow into a regional project finance hub, says Timothy Stone, chairman of KPMG Corporate Finance’s global
      429 words
    • 220 12 DRYDOCKS World and the Economic Development Board (EDB) have begun official talks to explore business opportunities in Dubai and Singapore. Following the Offshore Arabia Conference Exhibition, the EDB and Drydocks World began discussions that focused on opportunities in industries related to marine support services
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    • SINGAPORE ROUNDUP
      • 77 12 MAYBANK Singapore has donated $16,888 to the Maybank Family Fund for low-income families. During the Chinese New Year period, Maybank Singapore pledged eight cents to the Maybank Family Fund for every transaction conducted over the counter at any of its 22 branches islandwide. The Maybank Family
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      • 73 12 FROM yesterday onwards, 2.5 million Singaporeans will receive letters from the Government to inform them of the amount of Growth Dividends, CPF Medisave Top-ups, Workfare and Personal Income Tax rebates they will individually receive this year. More information on “Grow Share”, including a calculator
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    • 524 13  -  Party says it will release its manifesto soon By UMA SHANKARI THE National Solidarity Party (NSP) yesterday introduced six candidates political veterans for the most part that it will field in the five-member Jurong GRC and the Radin Mas singleseat ward in
      STEPHANIE YEOW/THE STRAITS TIMES  -  524 words
    • 206 13 SMALL and medium enterprises (SMEs) that need help with their Productivity and Innovation Credit (PIC) applications will be able to attend free consultation clinics, come April 13. From next Wednesday onwards, half-day clinics will be held weekly at the five enterprise development centres (EDC),
      206 words
    • 394 13  -  99-year leasehold plot is next to site that drew 9 bids in March tender By KALPANA RASHIWALA A 99-YEAR leasehold condo plot diagonally opposite Sengkang MRT Station has been made available for application under the government’s reserve list. The 2.1 hectare
      394 words
  • Page 12 Advertisements
    • 318 12 Midsummer Common m P* Exclusive Pre-Launch of Marlowe House Before official launch this summer Stunning one-, two- and three-bedroom apartments and penthouses and five-bedroom townhouses in a unique riverside location Apartments available from £249,950* Excellent rail connections, both regional and direct into London Well located for the world renowned Cambridge
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  • Page 13 Advertisements
    • 298 13 LOOKING FOR SERIOUS INVESTORS A trading company is looking for serious investors to invest in our current project. We provide High return (ROI) on the Capital Guarantee investment amount Low Tenure For private and confidential discussion, kindly contact 8195 5972 Alliance Ashpact Pte Ltd JPMorgan Global Natural Resources Fund We
      298 words

  • ECONOMY WATCH
    • 340 14 AFP [SYDNEY] Australia posted its first monthly trade deficit in almost a year as exports fell after floods hurt coal production and imports rose steeply in February, figures showed yesterday. The Australian Bureau of Statistics’ seasonally adjusted figures showed a deficit of A$205 million (S$267.8
      AFP  -  340 words
    • 577 14 US central bank chief acknowledges gains in prices of commodities Bloomberg [WASHINGTON] Federal Reserve chairman Ben Bernanke said policymakers must watch inflation “extremely closely” for evidence that rising commodity costs are having more than a temporary impact on consumer prices. “So long as inflation
      Bloomberg  -  577 words
  • Page 14 Advertisements
    • 2213 14 NOTICES BUY IT• SELL IT• FIND IT unidux UNIDUX ELECTRONICS LIMITED (Company Reg. No. *****5231K) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Unidux Electronics Limited (the "Company") will be held at 18 Boon Lay Way, #05-133,
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    • 1264 14 WATS NOTICES BUY IT-SELL IT-FIND IT B 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 Heng Mansions, Singapore
      1,264 words
    • 273 14 Dr Ed Sobey will be touring Singapore to Present why "Business is Booming LIVE here in Singapore" ONCE-IN-A-LIFETIME BUSINESS OPPORTUNITY! Don't miss your chance. Learn directly from Dr Ed Sobey 'SECRETS' how anyone with a passion for education can start a PROFITABLE education business, GET PAID A HIGH INCOME and
      273 words

  • MALAYSIA/INDONESIA
    • 459 15  - M’sia’s February exports jump 11 to RM52b Growth may be hard to sustain in coming months due to crises in Japan: analysts By PAULINE NG in Kuala Lumpur MALAYSIA’S exports expanded by some 11 per cent to nearly RM52 billion (S$21.66 billion) in February on the back of a rebound
      459 words
    • 291 15 Reuters [JAKARTA] US firms are eyeing investments in Indonesian infrastructure such as railways and airports but are concerned about graft and a lack of protection of intellectual property rights, the US undersecretary of commerce said on Monday. Under President Barack Obama, the United States
      Reuters  -  291 words
  • Page 15 Advertisements
    • 367 15 A DAY IN THE LIFE OF THE CBD KUALA LUMPUR The pulse of every great city emanates from its Central Business District (CBD). As the global trend of professionals choosing to work, live and play in the heart of the city gains momentum, an urban oasis of luxury suites is
      367 words

  • GREATER CHINA
    • 487 16 A 7-8% expansion will support demand for aluminium, copper, says official Bloomberg Reuters [SINGAPORE] China’s economy will maintain “stable” growth of 7-8 per cent a year, supporting demand for commodities including aluminium and copper, said a senior official at Aluminum Corp of China
      Bloomberg; Reuters  -  487 words
    • 392 16 Reuters [NEW YORK] Chinese firms face a series of regulatory, political and procedural challenges in buying US companies, which is driving them to other countries that are seen as friendlier, senior dealmakers said on Monday. Chinese companies see the US market as
      Reuters  -  392 words
  • Page 16 Advertisements
    • 3272 16 BEATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg VIKING OFFSHORE AND MARINE LIMITED (Company Registration No. *****7300M) (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 21
      3,272 words

  • GREATER CHINA/INDIA
    • 434 17 Reuters Bloomberg [MUMBAI] High inflation in India, previously considered unacceptable, has become “the new norm”and the central bank cannot afford to drop its guard, a deputy governor said here yesterday. The Reserve Bank of India (RBI) has raised interest rates eight
      Reuters; Bloomberg  -  434 words
    • 360 17 Daily charts tracking Nifty Index indicate rally since February was excessive Bloomberg [MUMBAI] Indian equities will probably drop from a three-month high after charts tracking momentum in a benchmark index indicated the rally since February was excessive, according to IIFL Private Wealth Management Ltd.
      Bloomberg  -  360 words
    • 483 17 Economists expect inflation to have been higher than expected in March Reuters [SHANGHAI] China’s central bank increased interest rates yesterday for the fourth time since October, raising suspicions that data next week may show that inflation rose more than expected in
      Reuters  -  483 words
    • 394 17 Input price index rises, driven by booming wage costs Bloomberg Bloomberg [BANGALORE] Growth in India’s service sector slowed in March from February’s blistering sevenmonth high as new business growth moderated slightly, while price pressures, particularly wages, continued to rise, a survey showed yesterday. The
      Bloomberg; REUTERS  -  394 words
  • Page 17 Advertisements
    • 1055 17 ALLGREEN PROPERTIES LIMITED Company Registration No.: *****1009N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 25th Annual General Meeting of Allgreen Properties Limited will be held at The Gallery, Level 2, Traders Hotel, 1A Cuscaden Road, Singapore *****6 on 28 April
      1,055 words
    • 116 17 RENEWABLE ENTECH PUMPS ENERGY POLLUTEC VALVES /a 6^= The Region's Premier Exhibition Co" on Renewable Energy (V Environmental Technology 1-4 JUNE 2011 BITEC: Bangkok, Thailand Sfi. •X A. w i rv^r 3 1 v 1 ;»T- T ASEAN Country Presentations on Renewable Energy e ASEAN Water Conference G Business Matchmaking
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  • Page 18 Advertisements
    • 4060 18 VENTURE CORPORATION LIMITED (Incorporated in the Republic of Singapore) Company Registration Number: *****2886H NOTICE OF ANNUAL GENERAL MEETING Informal Briefing onVenture Corporation Limited FY 2010 Results Chief Financial OfficerTan Kian Seng will take questions on theVenture Corporation Limited FY 2010 Results and contents of the 2010 Annual Report (at 11.00
      4,060 words
    • 1543 18 BAKER TECHNOLOGY LIMITED (Unique Entity Number *****0637D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Baker Technology Limited (the “Company”) will be held at Nautica II, Level 2, Republic of Singapore Yacht Club, 52 West Coast Ferry
      1,543 words

  • Page 19 Advertisements
    • 2383 19 ANWELL TECHNOLOGIES LIMITED Registration No: *****8707W (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2011 Annual General Meeting of the shareholders of the Company will be held at 8 Wilkie Road #03-01 Wilkie Edge Singapore *****5 on Tuesday, 26 April 2011 at 3.00 p.m.
      2,383 words
    • 3198 19 HI-P INTERNATIONAL LIMITED Company Registration No. *****4817H (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hi-P International Limited (the “Company”) will be held at Ficus 1 Room, Level 2, Jurong Country Club, 9 Science Centre Road, Singapore
      3,198 words

  • WORLD
    • 452 20 They lose customers’ names, e-mail addresses to cyber thieves Bloomberg [WASHINGTON] Citigroup and US Bancorp are among the companies warning tens of thousands of customers to beware of cyber thieves who stole names and e-mail addresses from a company that markets their products. The breach
      Bloomberg  -  452 words
    • 445 20 They cite history in which the royal family has been plagued by failed marriages AP [LONDON] British divorce lawyers have words of warning for Prince William: Not all fairy tales have happy endings. The prince is set to wed his longtime love Kate Middleton
      AP  -  445 words
    • 727 21 US Justice Dept, EC seen under pressure to think more nationalistically Reuters [NEW YORK] Regulators have a lot more than domestic competition to weigh as they scrutinise the competing bids for NYSE Euronext. Their decisions could tilt the balance of power between Europe
      Reuters; REUTERS  -  727 words
    • 699 21 Deal will also add 7% to 2011 profit, says UBS analyst Bloomberg [NEW YORK] Nasdaq OMX Group Inc, the New Yorkbased exchange operator that made an unsolicited bid for NYSE Euronext last week, would add 30 per cent to profits by
      Bloomberg  -  699 words
    • 736 22 ICE official says it better reflects global supply and demand conditions Reuters [SINGAPORE] The use of Brent crude as a benchmark should pick up pace in Asia because it better reflects global supply and demand conditions, a senior executive at the IntercontinentalExchange
      Reuters; REUTERS  -  736 words
    • 609 23 Current chief to give up the post after years of criticism by political leaders Reuters [RIO DE JANEIRO] Brazilian mining giant Vale has named a new chief executive under withering government pressure, a move that may spark fears of state meddling in Brazil’s
      Reuters; REUTERS  -  609 words
    • 361 24 Bloomberg [WASHINGTON] Google Inc’s dominance of the In-ternet-search industry is being considered for a broad antitrust investigation by the US Federal Trade Commission, two people familiar with the matter said. Before proceeding with any probe, the FTC is awaiting a decision
      Bloomberg  -  361 words
    • 632 24 It aims to stave off lawsuits by shoring up its portfolio of intellectual property Bloomberg [SAN FRANCISCO] Google Inc offered US$900 million in cash for the rights to Nortel Networks Corp patents as the world’s biggest Internet-search company seeks to stave off lawsuits by
      Bloomberg; AFP  -  632 words
    • 346 24 Bloomberg [NEW YORK] Billionaire Carl Icahn’s offer for Blockbuster Inc has attracted a second group of liquidators, Great American Group Inc and Tiger Capital Group LLC, to join his auction bid for the bankrupt movie-rental company, two people familiar with the matter said.
      Bloomberg  -  346 words
    • 589 25 They want back the money that the bankrupt bank aims to give bondholders Bloomberg [NEW YORK] Lehman Brothers Holdings creditors including Goldman Sachs Group have drafted a payment plan that would compete with the defunct bank’s US$61 billion proposal, taking back money that Lehman
      Bloomberg; REUTERS  -  589 words
    • 506 25 AP [ALEXANDRIA, Virginia] Prosecutors on Monday accused the owner of what had been one of America’s largest private mortgage companies of lying and stealing more than US$2 billion from banks and the federal government at the outset of a trial involving the national housing
      AP  -  506 words
    • 772 26 That is, unless the US$14.29t debt limit on Treasury’s ability to borrow is raised Bloomberg [WASHINGTON] Treasury Secretary Timothy F Geithner has told lawmakers that a failure to raise the debt limit would lead to “severe hardship” for Americans as the government is forced to
      Bloomberg  -  772 words
    • 483 26 Bloomberg [NEW YORK] A 1934 Pablo Picasso painting of his mistress may fetch as much as US$35 million at Sotheby’s in New York next month as auction houses aim to capitalise on buyers’ appetite for iconic 20th-century art. “Femmes Lisant (Deux Personnages)” depicts Marie-Therese
      Bloomberg; AFP  -  483 words
    • 690 27 They’re tapping cheap cash and uncertainty in the Europe and US Reuters [MEXICO CITY] Many Latin American companies are seeking buyouts in the the developed world, taking advantage of the cheap cash that has flooded local markets and an uncertainty in Europe and
      Reuters; PHOTOS: REUTERS  -  690 words
    • 487 28  -  Wealth of high net worth individuals in Asia-Pac grew 35% last year: report By LYNN KAN [SINGAPORE] Singapore boasts more high net worth individuals (HNWIs) than South Korea and Taiwan, yet has fewer billionaires than the two. As of 2010, the city-state had
      Knight Frank Graphic; Source: CiU Private Bank-Knight Frank Wealth Report 2011  -  487 words
    • 274 30 LATEST US DATA Bloomberg [WASHINGTON] Service industries in the US grew less than forecast in March, a sign the biggest part of the economy is trailing the gains in manufacturing. The Institute for Supply Management’s index of non-manufacturing businesses decreased to 57.3
      Bloomberg  -  274 words
    • 401 30 The OECD forecast the G-7 economies would grow at a 2% clip in 2011 AP Bloomberg [PARIS] The Organization for Economic Cooperation and Development (OECD) says the outlook for economic growth in the United States and other major economies has brightened since its last
      AP; Bloomberg; BLOOMBERG  -  401 words
    • 134 30 Reuters [LISBON] Portugal’s credit rating was downgraded again yesterday and the country’s biggest banks reportedly threatened to stop buying government debt, urging the caretaker administration to seek a short-term loan during pre-election limbo. Business daily Jornal de Negocios reported that the heads of the coun-
      Reuters  -  134 words
    • 574 31 AFP [COPENHAGEN] Large, untapped oil and gas reserves have been attracting oil firms to Greenland, which hopes the resources will help speed up its independence, but there is unwanted attention from environmentalists. “We have never seen as much interest for oil exploration in
      AFP  -  574 words
  • Page 20 Advertisements
    • 2114 20 MAT=3 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg SINOTEL TECHNOLOGIES LTD. (Company Registration Number *****4275R) §INy EI= (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of SINOTEL TECHNOLOGIES LTD. (the "Company") will be held at Kempas Room, Crowne Plaza
      2,114 words
    • 1468 20 CHANGTIAN PLASTIC CHEMICAL LIMITED (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Changtian Plastic Chemical Limited (the “Company”) will be held at Raffles City Convention Centre, Enterprise Room, No. 2 Stamford Road, Singapore *****2 on Thursday, 28 April 2011 at
      1,468 words

  • Page 21 Advertisements
    • 2344 21 JARDINE CYCLE CARRIAGE LIMITED (Co. Reg. No.: *****0092R) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the 42nd Annual General Meeting of the Company will be held at Ballroom 1, Lobby Level, Mandarin Oriental, Singapore, 5 Raffles Avenue, Singapore *****7 on Thursday,
      2,344 words

  • Page 22 Advertisements
    • 2962 22 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg DESIGN STUDIO FURNITURE MANUFACTURER LTD NOTICE OF ANNUAL GENERAL MEETING (*****1553D) NOTICE IS HEREBY GIVEN that the Annual General Meeting of DESIGN STUDIO FURNITURE MANUFACTURER LTD (the “Company”) will be held at the registered office, No. 8 Sungei Kadut Crescent, Singapore *****2 on
      2,962 words

  • Page 23 Advertisements
    • 3106 23 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Katong Room, Lobby Level, Shangri-La Hotel, 22 Orange Grove Road, Singapore *****0 on Thursday, 28 April 2011 at 10.00 a.m. for the following businesses: AS ORDINARY BUSINESS To consider
      3,106 words

  • Page 24 Advertisements
    • 1240 24 NOTICES BUY IT- SELL IT- FIND IT YHI INTERNATIONAL LIMITED (Company Registration No: *****7455H) (Incorporated in the Rupublic of Singapore on 26 August 2000) Y HI NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of YHI International Limited (the "Company") will be held at
      1,240 words
    • 1064 24 (Incorporated in the Republic of Singapore) (Company Registration No. *****5703R) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“EGM”) of China Farm Equipment Limited (the “Company”) will be held at Meeting Room 207, Level 2, Suntec Singapore International Conventional Exhibition Centre, 1 Raffles Boulevard,
      1,064 words

  • Page 25 Advertisements
    • 3513 25 (Company Registration No. *****) (Incorporated with limited liability in Curaçao on July 28, 1998) NOTICE OF INFORMATION MEETING NOTICE IS HEREBY GIVEN THAT the information meeting of LMA International N.V. (the “Company”) will be held at Suntec Singapore International Convention Exhibition Centre, Meeting Room 310, Level 3, 1 Raffles Boulevard,
      3,513 words

  • Page 26 Advertisements
    • 1323 26 TECHCOMP (HOLDINGS) LIMITED (Incorporated in Bermuda) Company Registration No. ***** NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of the Company will be held at Meeting Room 312, Level 3, Suntec Singapore International Convention Exhibition Centre on 29 April 2011 at 10.00 a.m.
      1,323 words
    • 1515 26 NOTICES BUY IT SELL IT FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg jL» KOH BROS KOH BROTHERS GROUP LIMITED (Unique Entity Number I*****775D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 17 th Annual General Meeting of Koh Brothers Group Limited
      1,515 words

  • Page 27 Advertisements
    • 3300 27 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg AA GROUP HOLDINGS LTD. (Company Registration Number: *****2064D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of AA Group Holdings Ltd. (the "Company") will be held at Level 13, Copthorne King's
      3,300 words

  • Page 28 Advertisements
    • 1610 28 JEP HOLDINGS LTD. Company Registration No. *****1749E (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of JEP Holdings Ltd. (“the Company”) will be held at 44 Changi South Street 1, Singapore *****2 on Thursday, 28 April 2011 at
      1,610 words
    • 1604 28 HATS "YTir^PQ Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES SINOPIPE HOLDINGS LIMITED (Company Registration Number: *****1382N) (Incorporated in Singapore with limited liability) NOTICE OF SEVENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of Sinopipe Holdings Limited (the “Company”) will be held at Ruby Room, Level
      1,604 words

  • Page 29 Advertisements
    • 5240 29 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg M«:»1 ALLIED TECHNOLOGIES LIMITED (Company Registration No. *****431OE) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ALLIED TECHNOLOGIES LIMITED will be held at 25
      5,240 words

  • Page 30 Advertisements
    • 2088 30 IT-SELL IT-FIND IT [•iATci I C F Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES o< FR5TUBE FASTUBE LIMITED (Company Registration No. *****1055E) (Incorporated In the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Fastube Limited ("the Company") will be held at
      2,088 words
    • 2100 30 MATS "YTTr^FC Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES HERSING CORPORATION LTD Company Registration No. 1997Q6986E (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hersing Corporation Ltd ("the Company") will be held at Hersimg Hub, 743 Lorong 5Toa Payoh, 8th Floor,
      2,100 words

  • Page 31 Advertisements
    • 3408 31 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. Courage Marine Group Limited (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixth Annual General Meeting of the Company will be held at SUNTEC SINGAPORE INTERNATIONAL CONVENTION EXHIBITION CENTRE, Meeting Room 307, Level 3, 1 Raffles Boulevard,
      3,408 words

  • EDITORIAL & OPINION
    • 825 32  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group JUST in case you missed it, The New York Times recently ran a blockbuster story reporting that General Electric (GE) with US$14.2 billion in worldwide operating profits in 2010 owed no
      The Washington Post Writers Group  -  825 words
    • 996 32  -  Immediate impact will be a slowdown of planned projects on safety and location concerns By TILAK K DOSHI The writer is head, energy economics, Energy Studies Institute, NUS THE oil crises of the 1970s led Japan to embark on an energy policy to reduce dependence
      REUTERS  -  996 words
    • 601 32  -  By RAPHAEL A AUER The writer is deputy head of the International Trade and Capital Flows Unit of the Swiss National Bank and an LISD Research Associate at Princeton University. The views expressed here are those of the writer and do not necessarily represent those
      601 words
    • 1243 33  -  Home prices have been driven skyward by cheap money, middle class and city dwellers, but they need to come down By JOHN FOLEY CHINA’S property bubble is so big you can practically see it from space. House prices have been driven skyward by cheap money,
      AP  -  1,243 words
    • LETTERS TO THE EDITOR
      • 479 33  -  Kathy Zhang Group managing director Financial PR Pte Ltd SENTIMENT towards S-chips has plunged sharply recently due to the account irregularities spotted on three S-chip companies, namely China Hongxing, Hongwei Technologies and China Gaoxian. This has once again shaken investors’ confidence in the S-chip sector.
        479 words
      • 386 33  -  Tan Chak Lim SENIOR Minister Goh Chok Tong has floated the idea that ministers serve only two terms, as it would hasten the appointment to the Cabinet of quality political inductees. A similar approach has been practised for many years for
        386 words
      • 155 33  -  Chiang Kuo Chiang I REFER to the report “Gen Magnetics investors seek higher exit offer” (BT, April 5). I am a minority shareholder of General Magnetics (GenMag). When SGX delisted GenMag last April, many shareholders put their faith in SGX. We expected SGX
        155 words

  • Page 33 Advertisements
    • 103 33 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, SingaWpore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
      103 words

  • Page 34 Advertisements
    • 3871 34 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg BRIGHT ORIENT (HOLDING) LTD. (Incorporated in Bermuda with limited liability) (Bermuda Company Registration Number: *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Bright Orient (Holding) Ltd. (the “Company”) will
      3,871 words

  • TransportHUB
    • 764 35  -  STRAIT TALK By DAVID HUGHES ON MONDAY, more than 350 people from the global shipping industry gathered at London’s magnificent and historic Guildhall. The occasion was the 23rd Seatrade Awards Ceremony Dinner. Nowadays, there are many shipping-related awards but Seatrade, I am
      764 words
    • 507 35 Things from cars to tractor-trailers to entire homes are floating in the ocean JAPAN QUAKE FALLOUT Bloomberg [TOKYO] Houses, cars and tractor-trailers washed out to sea by a 28-foot tsunami are clogging shipping lanes off Japan, posing a bigger challenge to
      Bloomberg  -  507 words
    • TRANSPORT HUB: SHIPPING
      • 473 36 Meanwhile crude tanker rates expected to hit fresh lows with flood of vessels Bloomberg Bloomberg [SINGAPORE] Rates for clean tankers on key Asian freight routes are expected to rise this week on strong naphtha demand for gasoline production ahead of the peak
        Bloomberg  -  473 words
      • 484 36  -  By KELLY TAY [SINGAPORE] There can only be one superyacht hub in each region, and in Asia, that’s going to be Singapore, declares Andy Treadwell, managing director of the Informa Yacht Group (IYG). IYG is the organiser behind this weekend’s inaugural Singapore
        YEN MENG JIIN  -  484 words
      • 442 36  -  By JOYCE HOOI [SINGAPORE] BP Shipcare is back under the name of International Shipcare after former BP executives bought out the company from BP in December last year for an undisclosed sum. International Shipcare, which was launched yesterday, specialises in laying up ships at
        442 words
    • TRANSPORT HUB: AVIATION
      • 708 37 US regulators will require carriers to inspect about 175 older Boeing 737s Bloomberg [SEATTLE] US aviation regulators will require carriers to inspect about 175 older Boeing Co 737s, the world’s most widely flown jet, for fuselage cracks after a Southwest Airlines Co
        Bloomberg; AP  -  708 words
      • 315 37 Bloomberg [HONG KONG] Embraer SA, the world’s fourth-lar-gest planemaker, expects China’s private-jet fleet to expand 10-fold in a decade, driven by economic growth, increasing numbers of millionaires and eased regulations. “There is a huge growth engine for business-jet demand,”
        Bloomberg  -  315 words
      • 257 37 AP Reuters [ATLANTA] AirTran Airways, soon to be acquired by Southwest Airlines, has come out on top in the annual Airline Quality Rating (AQR) study of US carriers. AirTran got the top score among 16 airlines based on 2010 on-time performance, baggage
        AP; Reuters  -  257 words
      • 427 37 Study forecasts long delays if another facility is not added AFP [SYDNEY] Sydney’s Kingsford Smith Airport, the main gateway into Australia, is close to capacity with increasingly long delays forecast and a knockon effect across the country, a new study showed yesterday.
        AFP  -  427 words
      • 3281 37 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1300 SQ456 1245 EY470 2220 NH6370 2220 VA7470 2220 Adelaide LH9771 1745 9W4082 2225 SQ278 1745 AF8088 2225 VS7278 1745 AY5011 2225 BA7382 2225 JL7893 2225 MU8439 2225 QF82 2225 --LH9770 2350 SQ279 2350 VS7279 2350 Ahmedabad NH6293
        3,281 words
    • TRANSPORT HUB: LAND
      • 576 38 Likely shutdowns forced by shortages of car parts after earthquake, tsunami AP Reuters [LOUISVILLE] Toyota Motor Corp said on Monday that it’s inevitable that the company will be forced to temporarily shut down all of its North American factories because of parts shortages
        AP; Reuters  -  576 words
      • 463 38  -  By SAMUEL EE THE BMW 5 Series has emerged Singapore’s most popular model in the first three months this year (among authorised distributors). In a reflection of how sky-high COE premiums have upended the car market, a whopping 489 units of all the 5
        463 words
      • 1552 38 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 7 4 t AA Grp 4.5 4 4.5 21.4 4.3 225 130 t APStrategic 170 +1 2 170 170 162 163 100.9 1.5 0.5
        1,552 words
      • 312 38 Bloomberg [DETROIT] Ford Motor, the second-largest US carmaker, has raised prices by US$117, or 0.4 per cent, per vehicle because of higher costs for raw materials such as steel. The increase isn’t related to supply disruptions from the Japanese earthquake and tsunami, said
        Bloomberg  -  312 words
      • 681 38  -  German make is the only Top 10 brand to post an increase By SAMUEL EE VOLKSWAGEN has sped to the top of the sales charts in a market which has otherwise been hit hard by the sharp cut in the COE quota. Among authorised
        681 words
      • 250 38 Bloomberg [STOCKHOLM] Swedish carmaker Saab said yesterday it had again halted production due to material shortages and it continued to hold discussions with suppliers, a day after reassuring investors about its finances. “Production is stopped right now. It was stopped this morning,” said Gunilla
        Bloomberg  -  250 words
      • 251 38 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 AVJennings A50.5 -2 2 50.5 50.5 50.5 52.5 3.6 6.9 4 131.5 55 16 Genting HK US$ US42 +0.5 ***** 43 41.5 41.5 42 2765.5
        251 words
      • 847 38 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 111 -1 30 112.3 110 111 112 506.7 1070 761 CIMBAsean40 100US$ US1065cd +5 40 1067 1063 1046 1087 42.6
        847 words
  • Page 35 Advertisements
    • 1407 35 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg JEP HOLDINGS LTD. (Incorporated in the Republic of Singapore) (Company Registration Number: *****1749E) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“EGM”) of JEP Holdings Ltd. (the “Company”) will be held at 44 Changi South, Street 1
      1,407 words

  • Page 36 Advertisements
    • 1543 36 NOTICES BUY IT- SELL IT- FIND IT MOYA DAYEN LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****2051G NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Orchid Country Club, Ruby Suite, Social Club House, Level
      1,543 words
    • 979 36 GREAT GROUP HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of Great Group Holdings Limited will be held at No. 1 Kallang Way 2A, #08-00, Singapore *****5 on the 25thday of April 2011 at 10.00 a.m.
      979 words

  • Page 37 Miscellaneous
    • 332 37 CRYPTIC CROSSWORD Across 1 Orders from French shopping chain (7) 5 Monotonous inarticulate murmur ----dead strange (7) 9 Woeful mid-week issue (10,5) 10 Left for dead in sleepy calm (4) 11 See 22 12 Notice content of ears (4) 15 Nothing in schedule for early riser (7) 16 Innocuous tune
      332 words


  • SINGAPORE STOCKS
    • 8416 39 Transaction date: Apr 5 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 8Telecom 17 17 17.5 7.8 3.6 3.6 81.4 12 4.5 A-Sonic 7.5 +0.5 2695 8 7.5 7.5 8
      8,416 words
    • 9681 40 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.38/ APS Alpha Fund (USD)!** 1.09/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM
      9,681 words

  • Page 40 Advertisements
    • 350 40 Gold Stocks r Yl -mm m m m m Bonds J VJ Gold Commodities FX Crosses FX Options Bonds ETCs CFDs XFu lures/*" El"^ StocksV-rUS t, VCc, Bonds FX Commodities FX C rosses FX Options Gold FX e V> CFDs Stocks ETFs ETCs o^ 0 x-° c,Futures FX CFDs Stocks
      350 words

  • FINANCE & COMMODITIES
    • 374 41 In local curr In S$ In US$ dy yr dy yr dy yr Apr 4 Index Change Change Change Change Change Change World Index Preliminary 932.9 0.1 3.9 0.2 3.5 0.4 5.2 EAFE Preliminary 811.5 0.1 1.3 0.4 2.0 0.6 3.7 Europe Preliminary 1205.5 0.0
      374 words
    • 188 41 Apr 5 ss Otter Did Overnight 0.01 (Mr 1 Minnui V\ti 1/16 2-monttis 3/3 1/8 Vmijnlhs 7/1 fi 3/16 Overnight modr 0,10 USS Offer Bid 7 days I month 0,28 0.33 0 r 18 0.28 1 llHWllM 0<!3 033 3 months o.-in 038 6 montlo O.Stt 0.43 9
      188 words
    • 22 41 Apr 5 S$ Bid Offer 1-month 1.2605 1.2607 2-months 1.2604 1.2606 3-months 1.2603 1.2606 6-months 1.2599 1.2602 Source: OCBC
      22 words
    • 121 41 Apr 05 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.347 1.271 Can dollar 1.327 1.276 Euro 1.825 1.755 Sterling pound 2.07 1.991 NZ dollar 0.995 0.948 US dollar 1.279 1.23 Local dollars to 100 units of foreign
      121 words
    • 24 41 Apr 5 Open High Sett STI Apr 3131 SIMSCI Apr 369.3 372.2 370.0 Taiwan Apr Source: MF Global (S) Pte. Ltd
      24 words
    • 65 41 Apr 5 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 11 3388 3409 3410 3378 440 1699 May 11 3400 3379 3410 3351 1877 ***** Jun 11 3395 3366 3399 3335 ***** ***** Jul 11 3390 3362
      65 words
    • 444 41 Apr 5 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun11 99.6900 0 2091 Sep11 99.5950 0 5375 Dec11 99.4350 0 3023 Mar12 99.1750 0 946 EUROYEN TIBOR FUTURES Jun11 99.6750 99.6750 99.6750 99.6750 100 3357 Sep11 99.6725 0 1221 Dec11 99.6650 0 2016 Mar12 99.6500 99.6500
      444 words
    • 130 41 Apr 5 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) May 11 609.0 603.0 608.9 27 Jun 11 600.0 592.1 593.1 16 Jul 11 590.0 Aug 01 581.0 581.0 581.0 6 Sep 11 571.0 Oct 11 568.0 Nov 11
      130 words
    • 81 41 Apr 5 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 07.07.2011 0.27 0.23 0.22 1-Year BY*****N 01.11.2011 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.32 5-Year N*****0W 1.125 01.04.2016 100.11 100.13 100.11
      81 words
    • 107 41 Apr 4 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 11 1384.00 1393.75 1402.75 1379.00 Jul 11 1395.25 1404.25 1413.50 1390.00 Aug 11 1396.50 1404.50 1412.50 1392.00 Sep 11 1392.75 1397.00 1400.75 1386.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 11 58.88
      107 words
    • 77 41 CRUDE OIL PRODUCTS Apr 4 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 120.18 1.66 WTI (Near Mth) 108.49 0.40 Dubai (1-Mth F) 112.13 1.49 Tapis blend 126.03 1.78 Minas 122.43 1.78 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 110.78 1.72 Jet Kerosene 136.70 1.80 US$/barrel Opec Oil
      77 words
    • 2636 41 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 24 0.5 566 1 10 -12 1.60 55 Asia-Pacific Strategic W*****6 24.5 1 150 3 6.94 37 ASJ Hldgs W*****1 1.5 1 4 10 3.33 10 AlliedTech W*****2
      2,636 words
    • 464 41 Apr 5 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.000 6.753 0.728 8.026 45.862 89.443 0.871 11.251 3.124 1.342 87.951 44.763 1.301 6.962 0.951 30.194 31.203 0.639 1.032 Canada 1.000 6.754
      464 words
    • 85 41 Apr 5 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • 138 41 Apr 5 GOLD (US$/oz) Apr 01 Apr 04 Hong Kong 1435.50 1434.50 Apr 04 Apr 01 London 1433.85 1424.44 1434.60 1425.21 Source: Thomson Reuters CAST BAR Apr 05 (S$) Selling Buying Kilobar 62,474.09 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 140 58 5gm 397 291 10gm 710
      138 words
    • 70 41 Apr 4 Aluminium, 99.7% purity .lyss/ionne) Close Cash 2602.00 3 months 2633.00 Previous 2601.75 2631.00 Couuer. Grade A (USS/tonne Cash 9311.25 3 months 9330.00 9343.25 9360.00 Lead IU5S/tonne) Cash 2810.00 3 months 2752.00 2761.00 2698.00 Nickel (USS/lonnel Cash *****.00 3 monlhs *****.00 *****.50 *****,00 Tin (USS/lonne) Cash *****.00
      70 words
    • 154 41 Apr 5 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3011 1.3019 1.0321 1.0326 Canadian dollar 1.3012 1.3019 1.0322 1.0326 Euro 1.7882 1.7886 1.4185 1.4186 NZ dollar 0.9694 0.9702 0.7690 0.7695 Sterling pound 2.0356 2.0363 1.6148 1.6151
      154 words
    • 82 41 Apr 4 COCOA (£/tonne) Close Prev High/Low May 11 1956 1947 1989/1943 Jul 11 1955 1950 1988/1940 Sep 11 1968 1965 2003/1952 Dec 11 1989 1983 2021/1974 COFFEE (US$/tonne) Close Pev High/Low May 11 2339 2421 2425/2316 Jul 11 2308 2342 2362/2362 Sep 11 2332 2361 2372/2305 Nov 11
      82 words

  • 5696 42 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN 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 Camden/New Orleans/Tampico Destination SEA PIONEER Muscat/Sharjah/Doha/Bahrain/Dammam
    5,696 words
  • Page 42 Advertisements

  • Page 43 Advertisements
    • 47 43 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE THE BUSINESS TIMES SHIPPING TIMES >|~_<>]$`^:,}>$'=%<;=:@`^<@?"!. I FREIGHT FORWARDER urgently needed by shippers 1 Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327
      47 words

  • executive Money
    • 380 44 Growth could slow in 2012 due to constraints on BP, says fund manager Reuters [LONDON] UK dividend income is set to climb 10 per cent this year as balance sheets improve, though the growth could slow in 2012 due to constraints on
      Reuters  -  380 words
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