The Business Times, 6 January 2012

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Total Pages: 32
1 32 The Business Times
  • 26 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Friday, January 6, 2012G G
    26 words
  • 709 1  -  S’pore and M’sia look to work on projects together, get industries to join hands By CHUANG PECK MING in Putrajaya DECADES after they went their separate ways, Singapore and Malaysia are poised to get closer to each other than ever before. Not only
    Compiled by BT  -  709 words
  • MARKETS DIGEST
    • 110 1 GST INDEX 2,713.02 (+2.00) GST INDEX FUTURES 2,713 (+2) HSIMSCI 308.09 (-1.43) HSIMSCI FUTURES 307.50 (-0.80) us$ s$ US$ (S$ per US$) 1.289 (US$/S$ per 1.561 2.013 EURO (US$/S$/E) 1.294 1.668 Foreign currency per US$ S$ YEN 76.80 59.50 RM 3.139 2.435 HK$ 7.767 6.025 BAHT 31.58 24.50 RUPIAH
      110 words
    • 30 1 SINGAPORE 5J8 MALAYSIA o.iS MONO WONG 00 iNOONPSfA 1415$ TAIWAN S.036 JAPAN 1475 KOREA 9.33 BRITAIN OiQ US 2^5 CANADA 1 00 SWITZERLAND .0.53 INDIA 14.75 Sotuce: Bloomberg
      30 words
  • 653 1  -  They prefer to forfeit 1.25% of unit price; developers still sanguine By KALPANA RASHIWALA [SINGAPORE] Developers of major projects released in November and early December have seen some units being returned. Market watchers say this could be a knee-jerk reaction to the
    653 words
  • Page 1 Advertisements
    • 155 1 EXEC LIFESTYLE All the world’s on Art Stage Singapore PAGE 32 MUSIC Jazzy shades ofNoir PAGE 31 S’pore-M’sia land swop plots to begin development next year, Page 2 *****1 *****4 s SRRCnR GENEVE Creator of dreams Magic Moon Collection Dragon Automatic 18K White Gold With Diamonds A Handcrafted Dragon ‘Spinning’
      155 words
    • 8 1 THE ARTS Highlights of Huayi 2012 PAGE 28
      8 words

  • TOP STORIES
    • 566 2  -  At least $200k lost; bank says it’ll make full compensation within 24 hours By CONRAD TAN [SINGAPORE] Fraudsters have stolen at least $200,000 from the accounts of DBS and POSB customers through unauthorised withdrawals at ATMs in Malaysia, likely using cloned
      566 words
    • 419 2  -  Investors skittish on French bond sale, Greek PM’s remarks By EMILYN YAP [SINGAPORE] The euro slumped against the US dollar and Singapore dollar yesterday as markets turned their attention back to debt problems in the eurozone. At 7pm yesterday, one euro fetched US$1.2836, its
      Source: Bloomberg  -  419 words
    • 414 2  -  $11b Marina South and Ophir-Rochor projects to take 6 yrs By CHUANG PECK MING in Putrajaya WORK to develop two land parcels in Marina South and Ophir-Rochor the outcome of the breakthrough land swop deal between Singapore and Malaysia in May
      414 words
    • 496 2  -  By LYNETTE KHOO [SINGAPORE] The board split at China Sky Chemical Fibre came to a head yesterday after the group failed to appoint special auditors by the final deadline set by the Singapore Exchange. All three independent directors (IDs) stepped down
      496 words
    • THREE-MINUTE DIGEST
      • 54 2 SINGAPORE and Malaysia are poised to get closer to each other than ever before. Not only will crossing the border become a breeze, but the two countries plan to develop properties together, complement Singapore’s manufacturing skills with Johor’s abundant labour and pave the
        54 words
      • 52 2 DEVELOPERS of major projects released in November and early December have seen some units being returned. Those who do not exercise their option to buy forfeit a quarter of the 5 per cent option fee, equivalent to 1.25 per cent of the
        52 words
      • 58 2 FRAUDSTERS have stolen at least $200,000 from the accounts of DBS and POSB customers through unauthorised withdrawals at ATMs in Malaysia, likely using cloned ATM and debit cards. The Commercial Affairs Department has launched its own investigation of what appears to be
        58 words
      • 53 2 GENTING Malaysia announced yesterday that it had given a “non-binding” letter of intent to a New York developer to consider building a US$4 billion complex that would include a 3.8 million sq ft convention centre, 3,000 hotel rooms and an expansion of its
        53 words
      • 43 2 THE tightening of investment regulations in Singapore is putting pressure on low-cost business models to adapt to survive, said industry veterans. And the rules designed to protect retail investors could reduce returns for those very investors.
        43 words
      • 47 2 STARHUB was named the official broadcaster and principal sponsor of LionsXII yesterday. StarHub beat two other parties for the non-exclusive four-year broadcast rights deal, which will see it airing LionsXII matches from the Malaysia Super League, Malaysia FA Cup and Malaysia Cup.
        47 words
      • 48 2 CHINA’S services sector entered a seventh straight year of expansion in December, a survey of purchasing managers showed yesterday, but overall levels of activity were mired at three-month lows. The HSBC China services purchasing managers index stood at 52.5 in December.
        48 words
    • 659 4  -  Prof calculates with 10 years of data; says indicators can be refined By TEH SHI NING [SINGAPORE] A national bonus of 4.9 months for 2010, or an average of 2.7 months over the past decade, is what ministers would
      659 words
    • 334 4  -  By TEH SHI NING [SINGAPORE] A private sector benchmark for political salaries ought to be accompanied by the transparency and accountability demanded of corporate leaders, say CEOs who spoke to BT, most of whom welcomed the ministerial pay review committee’s recommendations. Stefanie Yuen Thio,
      334 words
    • 454 4  -  US$4b complex in Queens will have 3,000-room hotel too By S JAYASANKARAN in Kuala Lumpur GENTING Malaysia, the region’s largest gaming firm, announced yesterday that it had given a “non-bind-ing” letter of intent to a New York developer to consider building a
      454 words
  • Page 2 Advertisements

  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 2065 4 the business timesweek nd www. usinesstimes.com. g| SEPTEMBER 24-25, 2011 S$1.00| MICA (P) 121/08/2011 the raffles conversation CAREER DIPLOMAT BARRYDESKER 12-13 cheap funds Local banks to slash savings rates DBS Bank, OCBC Bank and UOB will offer a mere 0.05 per cent come October, even as HSBC and Stanchart dish
      2,065 words

  • Page 5 Advertisements
    • 461 5 United Engineers Limited Official Opening of Park Avenue Rochester and Rochester Mall in One-North, The Science Hub. ROCHES M A L SERVICED OFFICES CONVENTION CENTRE SINGAPORE HONG KONG INDONESIA o park avenue > mamk .> 9 ■it I’M a »U« SRI sea? R (I I'HIL* ■h| “■risais *LSftS!!j llPjlii. in
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  • COMPANY NEWS
    • 612 6  -  Such investment plaforms seen facing compliance cost pressure By KENNETH LIM THE tightening of investment regulations in Singapore is putting pressure on low-cost business models to adapt to survive, said industry veterans. And the rules designed to protect retail investors could still reduce
      612 words
    • 439 6  -  By LYNETTE KHOO SHARES of TT International (TTI) surged further yesterday as investors snapped up the stock on hopes that its crucial Big Box project in Jurong East would be revived. The stock, which on Wednesday jumped by a third
      439 words
    • 594 6  -  By MINDY TAN PROPERTY group City Developments Ltd (CDL) is actively expanding its footprint in China, with its third acquisition in just over a year. Fully owned unit CDL China clinched a site in Chongqing for 540 million yuan
      594 words
    • 540 8  -  It beats two others for rights, is also principal sponsor of the football team By JOYCE HOOI THE red team has gone green. StarHub was named the official broadcaster and principal sponsor of Lions XII yesterday. StarHub beat two other parties for the non-exclu-sive four-year
      540 words
    • 354 8  -  Move comes after good response to placement tranche By FELDA CHAY CAPITAMALLS Asia Ltd (CMA) has doubled the size of its retail bond offering to $400 million following strong interest from institutional investors. The original bond size was $200 million $100 million for
      354 words
    • 186 8 Jakarta-based group has hired DBS, Citigroup: sources Bloomberg [SINGAPORE] PT Harita Jayaraya has hired Citigroup Inc and DBS Group Holdings Ltd to manage an initial public offering of its nickel mining unit in Singapore, said two people with knowledge of the
      Bloomberg  -  186 words
    • 571 8 Bloomberg [SEOUL] KDB Financial Group Inc, South Korea’s largest state-run banking group, aims to complete an initial public offering this year as part of the government’s plan to privatise the firm, chairman Kang Man Soo said. “An IPO appears to be the most
      Bloomberg; BLOOMBERG  -  571 words
    • 385 11  -  Firm plans to invest a further US$220m in S’pore over the next few years By VICTORIA HO STATS ChipPAC’s new 197,000 sq ft factory in Singapore will be operational by the fourth quarter of this year, the semiconductor test and packaging service provider
      FILE PHOTO  -  385 words
    • 623 11 Kingsmead Asian Alpha Opportunities Fund will trade with US$50m Reuters [HONG KONG] Former FrontPoint portfolio manager John Foo is preparing to launch an Asia-focused hedge fund that will start trading with about US$50 million on March 1 in Singapore. The Asia ex-Japan long/short Kingsmead
      Reuters  -  623 words
    • COMPANY BRIEFS
      • 69 11 COSCO Corporation (Singapore) has secured a contract worth over US$220 million to build two self-propelled pipelay heavylift offshore construction vessels one scheduled for delivery in the fourth quarter of 2013 and the other in the first quarter of 2014. The deal was
        69 words
      • 64 11 HOME-GROWN upstream energy group Loyz Energy has inked a strategic agreement with Geo East that will give the group access to capabilities and resources to acquire and process seismic data for both its existing and prospective oil and gas (O&G) concessions. Geo East
        64 words
      • 54 11 WEE Hur Holdings has set up a wholly-owned subsidiary, Wee Hur (Punggol Central) Pte Ltd, to be held through fully owned Wee Hur Development Pte Ltd. Wee Hur Punggol Central is incorporated with an issued share capital of $1 million and will principally be
        54 words
      • 46 11 CHINA Environment has won a contract worth 3.1 million yuan (S$635,000) to supply the electrostatic precipitators (ESPs) and desulphurisation system to a glass manufacturer in Wuhan, China. The project commences this month and is scheduled for completion by April 2012.
        46 words
      • 58 11 Bloomberg [SINGAPORE] Agricultural Development Bank of China Co hired BOC Hong Kong Holdings Ltd and Standard Chartered plc to manage a sale of yuan-denominated bonds in the Hong Kong markets, according to a person with direct knowledge of the sale, who declined
        Bloomberg  -  58 words
      • 62 11 PALM oil refiner Mewah International has purchased two plots of land in Indonesia for 19.6 billion rupiah (S$2.8 million) that will be used for future expansion purposes. It said yesterday that it has paid about 20 per cent of the purchase price.
        62 words
      • 77 11 PACIFIC International Lines (PIL) is extending the closing date of its exit offer to unitholders of Pacific Shipping Trust to Feb 10 from Jan 13. As at yesterday, the total number of units owned, controlled or agreed to be acquired by PIL and
        77 words
  • Page 6 Advertisements
    • 1103 6 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices COMPACT METAL INDUSTRIES LTD (Incorporated in the Republic of Singapore) Company Registration No. *****0009H NOTICE OF EXPIRY OF WARRANTS W*****3 To: ALL HOLDERS OF WARRANTS W*****3 TO SUBSCRIBE FOR NEW SHARES IN COMPACT METAL INDUSTRIES LTD (THE “COMPANY”) THIS NOTICE IS IMPORTANT
      1,103 words
    • 485 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 NGEE ANN INTERNATIONAL (CHINA) PTE. LTD. (In Member’s Voluntary Liquidation) Company Reg. No. *****5365G At an Extraordinary General Meeting of the Company deemed to have been duly convened and held pursuant to Section 179(6) of the Companies Act, Cap. 50 on
      485 words
    • 313 6 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 KUSH I BE METAL NETS PTE LTD (Company Registration No. *****0012W) (InMembers’VoluntaryLiquidation) NOTICE OF RESOLUTIONS NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of Members of KUSHIBE METAL NETS PTE LTD duly convened and held at 415B Jalan Besar,
      313 words
    • 410 6 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF WOBELL PTE LTD (IN MEMBER’S VOLUNTARY LIQUIDATION) (Company Registration No. *****2362N) NOTICE IS HEREBY GIVEN that it was resolved at an Extraordinary General Meeting of members of the abovenamed company held on 30 December 2011, that
      410 words
    • 360 6 NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF GENESIS FORWARDING GROUP (ASIA) PTE. LTD. (IN MEMBERS' VOLUNTARY LIQUIDATION) (Co. Reg. No.: *****7416R) NOTICE IS HEREBY GIVEN that the Final General Meeting of the members of the abovenamed Company will be
      360 words
    • 412 6 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF CLEANROOM DOOR SYSTEMS PTE LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Company Registration No. *****832Z) NOTICE IS HEREBY GIVEN that it was resolved at an Extraordinary General Meeting of members of the abovenamed company held on 29 December
      412 words

  • Page 7 Advertisements
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      319 words

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      77 words
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  • Page 9 Advertisements
    • 343 9 ABNAMRO Private Banking Proudly Presents Elephant Parade Singapore 3* /i n h S r ‘■-j3$ 4 IS SPS «.v r i I ai WE TO©' l.' aw;. D iS; L > sa b C n I 3 (d h S 0 SEEN AND HERD Spend a day at the Botanic
      343 words

  • SINGAPORE MARKETS
    • 621 10  -  Push on the Jardine group helps index close 2 points up, albeit 20 points off intraday high STOCKS R SIVANITHY Senior Correspondent T HANKS to a large push on the Jardine group, the Straits Times Index (STI) yesterday managed a third consecutive rise for
      Source: Bloomberg  -  621 words
    • 4 10 DAILY
      4 words
    • 66 10 Jan 5 VALUE CLOSE BT OB/OS 477.00 +47.00 BT CADI -*****.00 +24.00 BT 10-day MA -*****.00 +48.00 FTSE ST Mid Cap 602.08 +3.64 FTSE ST Small Cap 406.82 +0.84 FTSE ST All Share 651.10 +1.07 FTSE ST China Top 193.93 +0.82 FTSE ST China 228.05 +0.47 FTSE
      66 words
    • 61 10 VOLUME GMG Global 74,192,000 Yoma 55,124,000 Genting SP 50,039,000 HPH Trust US$ 40,058,000 Sky One 36,896,000 TT Intl 32,782,000 Sheng Siong 29,240,000 Golden Agri 24,904,000 Hartawan 23,406,000 IEV 21,595,000 VALUE($) Genting SP 77,986,300 SingTel 61,456,398 HPH Trust US$ 33,424,131 Keppel Corp 29,107,180 SembMar 24,749,910 UOB 23,518,850 Noble
      61 words
    • 186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 8 2 0 0 0 6 8 2 Manufacturing 51 42 40 2 6 6 53 48 46 Commerce 27 16 15 3 0 5 30 16 20 Tpt/Stor/Comms 13 14 13
      186 words
    • BROKERS’ TAKE
      • 381 10 UOB Kay Hian Research, Jan 3 THE Urban Redevelopment Authority’s (URA) latest flash estimates indicate that private home prices stayed flat at up 0.2 per cent q-o-q in Q4 2011, against being up 1.3 per cent in the previous quarter. This is the ninth consecutive quarter of
        381 words
      • 374 10  -  Compiled by LYNN KAN Jan 5 close: $1.53 DBS Group Research, Jan 5 WE expect Singapore’s gross gaming revenue (GGR) to hit an impressive US$6 billion in 2011 and US$7 billion in our 2012 forecasts (yet to include potential impact of junkets). While junkets could lead to potential
        Source: Bloomberg  -  374 words
      • 136 10 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
        136 words
    • 116 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 14,947 14,947 43,621 43,621 Manufacturing 168,834 6,141 174,975 134,157 161 134,318 Commerce 109,729 5,358 115,087 94,664 538 95,202 Tpt/Stor/Comms 110,894 61,033 171,927 143,393 7,714 151,106 Finance 8,643 8,643 75,752 75,752 Construction 16,931 4,609 21,540 4,514
      116 words
    • 109 10 Stock name Close Change Stock name Close Change CapMallsAsia 1.170 CapitaLand 2.280 +0.020 CapitaMall 1.725 CityDev 9.110 -0.030 ComfortDelGro 1.450 DBS Grp 11.800 -0.060 F&N 6.280 -0.060 GLP 1.785 +0.005 Genting SP 1.530 -0.030 Golden Agri 0.735 +0.005 HK Land 4.890 +0.060 JMH 49.270 +1.720 JSH
      109 words
    • 477 10 CURRENCIES Reuters [NEW YORK] The euro slipped to its lowest since September 2010 against the US dollar and an 11-year low versus the yen yesterday, as concerns about eurozone sovereign funding pressures and signs of weakness in the region’s banks prompted investors to sell
      Reuters; BLOOMBERG  -  477 words
    • 109 10 BY CENTS CLOSE UP JMH 4927 221.7 3.6 JSH 2968 186.9 5.1 GLD 10US$ ***** 143.1 0.7 Jardine C&C 5080 90.0 1.8 IS MSCI Spore 1121 29.7 2.1 DBXT S&P Short 10US$ 4110 24.5 0.5 DBXT FTChina25 10US$ 2637 21.9 0.6 Great Eastern 1284 20.0 1.6 DBXT MSTaiwan 10US$
      109 words
    • 125 10 BY CENTS CLOSE DOWN DBXT MSAsExJp 10US$ 2796 -198.5 -5.2 DBXT E50 10US$ 3430 -99.3 -2.2 DBXT FTVietnam 10US$ 1767 -41.3 -1.8 DBXT MSKorea 10US$ 5288 -33.5 -0.5 Lyxor China H 10US$ 1282 -32.2 -1.9 Pru 500US$ 1000 -25.8 -2.0 DBXT CSI300 10US$ 772 -23.2 -2.3 Keppel Corp 944
      125 words
    • 5 10 DAILY
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  • SINGAPORE NEWS
    • 453 12  -  ABSD may not prompt S’poreans to invest in industrial units: DWG By JASMINE NG PREDICTIONS that the introduction of the Additional Buyer’s Stamp Duty (ABSD) for the residential market will lead to spillover demand in the industrial segment may not necessarily hold true, says
      Source: URA/DWG Research  -  453 words
    • 320 12  -  Tourist arrivals rise 15% year-on-year to reach some 3.5m By EDWIN LOH TOURISM receipts in the third quarter of last year hit $6 billion, a 12 per cent year-on-year jump driven largely by shopping expenditure, the Singapore Tourism Board (STB) said yesterday. This
      320 words
    • 239 12 THE Ministry of Health will form a taskforce to study in greater detail the suggestions of the National Strategy for Palliative Care report before implementing them at the national level. More will also be done to integrate palliative care with mainstream
      239 words
    • 336 12  -  Uptick in interest expected with CNY but prices still soft By SAMUEL EE PASSENGER car COE premiums continued to slip amid what some motor distributors referred to as the holiday mood. In yesterday’s bidding exercise for certificates of entitlement the first for 2012
      336 words
    • 532 12  -  E&Y’s Budget 2012 wishlist calls for measures to address uncertain times By KELLY TAY WITH Singapore teetering dangerously close to a technical recession, Ernst Young Solutions LLP is hoping that the government will do more to ease business costs and promote
      532 words
    • 287 12  -  Jetstar Asia CEO heads one, ex-STB boss leads the other By SHERMAN TAN TWO companies have been set up to help drive Singbridge’s mission to invest in, develop and manage sustainable integrated developments leveraging on Singapore’s developmental experience. They are Singbridge Holdings
      287 words
    • 265 12 ELDIX, a freehold industrial development, is being launched by EL Development at an average price of $470 per square foot (psf) today. Located at No 11 Mandai Estate, Eldix has a total of 169 units ranging in size from 1,388 sqftto 1,862 sq ft.
      265 words
  • Page 12 Advertisements
    • 15 12 Call 1800 289 8822 or e-mail notices@sph.com.sg to place your AGM EGM Notices CLA/FEB1 1/g
      15 words
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    • 127 12 SINGAPORE ROUNDUP Luxury condo project at Iskandar on exhibit floor space. An exhibition to showcase the project is on from today to Sunday at The Hilton Hotel, Singapore. CAPITAL Extension Land Sdn Bhd is offering 284 units of freehold luxury apartments for sale across the Causeway. Called The Marina View,
      127 words

  • ECONOMY WATCH
    • 552 13  -  It cites premature fiscal, monetary tightening in EU, policy errors in US By JAMIE LEE [SINGAPORE] BlackRock has turned more bearish over the global economy, lifting the probability of a double-dip recession from 20 per cent to as high as 40 per cent, senior
      552 words
    • 586 13 Its government has used monetary flexibility to the full Bloomberg [STOCKHOLM] Sweden faces a difficult year like every other European economy but unlike the rest of the European Union, it is equipped to cope. There are lessons here, especially for the EU’s other
      Bloomberg  -  586 words
    • 347 13 Reuters [SYDNEY] Australia’s trade surplus narrowed slightly in November to the lowest in nine months, and analysts see further slippage ahead as a slowdown in China cools exports while strong business investment at home sucks in imports. Y e s t e r d a
      Reuters  -  347 words
    • 631 13 He believes inflation has improved and growth will rebound Reuters [NEW DELHI] For all the sudden pessimism about India’s economy, Kaushik Basu sleeps soundly at night and if something was going to keep him awake it wouldn’t be the risk of a balance of payments
      Reuters  -  631 words
  • Page 13 Advertisements
    • 326 13 i 5> gnrs i •j 4 S'. I V BLOSSOMING PROSPERITY 16 JANUARY TO 6 FEBRUARY 2012 v PEACH BLOSSOMS Lit AUSPICIOUS BEGINNINGS Spring into the Year of the Dragon with plenty of good fortune and prosperity indulgence at the newly renovated Peach Blossoms. Savour Chinese Executive Chef Chan Shun
      326 words

  • MALAYSIA/INDONESIA
    • 551 14  -  From 327 cars sold in 2010, sales have rocketed to some 8,330 units in 2011 By PAULINE NG By in Kuala Lumpur HYBRID vehicle sales in Malaysia are projected to jump 61 per cent next year to 13,400 units as excise duty
      BLOOMBERG  -  551 words
    • 292 14 Xinhua [JAKARTA] Indonesia’s consumer confidence index in December last year rose to a six-month high on growing optimism about the country’s economic growth prospects despite a weakening global economy, a survey showed yesterday. The survey carried out by Danareksa Research Institute
      Xinhua  -  292 words
    • 440 14 AFP [PALU, Indonesia] Indonesians dumped over 1,200 pairs of sandals, flip-flops, and slippers at collection points across the country in support of a teenage boy who was convicted of stealing on Wednesday. The 15-year-old, who cannot be named for legal reasons, was
      AFP; AP  -  440 words
  • Page 14 Advertisements
    • 1835 14 kate notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices >:\':>]+*@%(}/;}[{~*)]`>[,!''[` IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF TERACOTT PTE LTD (In Members’ Voluntary Liquidation) (Co. Reg. No. *****5996G) NOTICE OF RESOLUTION MEMBER’S RESOLUTIONS IN WRITING PURSUANT TO ARTICLE 62 OF THE ARTICLES OF ASSOCIATION
      1,835 words
    • 0 14 -^\[}<|_=;`[^;=)<{'/}=+,*@><\"$
      0 words

  • GREATER CHINA/INDIA
    • 562 15 It was the 74th straight month that the index had read above 50 Reuters [BEIJING] China’s services sector entered a seventh straight year of expansion in December, a survey of purchasing managers showed yesterday, but a slowdown in the world’s second-biggest economy saw
      Reuters  -  562 words
    • 544 15 AFP [NEW DELHI] The world’s leading carmakers jostled for space at the start of India’s Auto Expo yesterday, eyeing a market that has slowed sharply but remains a hotspot compared with depressed Western economies. The exhibition, which takes place every two years, has
      AFP; REUTERS  -  544 words
    • 434 15 AFP [MUMBAI] India’s Bollywood film industry is eyeing its Asian rival China as a potential market, after a successful run of 3 Idiots, the coming-of-age comedy starring Aamir Khan. The 2009 film, about a group of struggling students at one of India’s elite universities,
      AFP  -  434 words
    • 407 15 AFP [SHANGHAI] China’s trade surplus narrowed to around US$160 billion in 2011, the commerce minister said yesterday, as the world’s No 2 economy faced weaker demand from key export markets. The drop from a 2010 trade surplus of US$183 billion came after
      AFP; REUTERS  -  407 words
  • Page 15 Advertisements
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      27 words
    • 208 15 >*• WATS NOTICES AGL CACTUS PTE. LTD. UEN Co Reg No: *****8819N (IN MEMBERS’ VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting of the Members of the abovenamed company will be held at 7500A
      208 words
    • 368 15 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF SWEET WATER PTE. LTD. (IN CREDITORS’ VOLUNTARY LIQUIDATION) Co. Reg. No. *****5025E Extract of the minutes at the Extraordinary General Meeting of a member of SWEET WATER PTE. LTD. convened and held at 20 Cecil Street
      368 words
    • 452 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AVEYRON PRIVATE LIMITED (In members’ voluntary winding-up) (Company Registration No. *****1505W) NOTICE OF RESOLUTIONS MEMBER’S RESOLUTIONS IN WRITING PURSUANT TO SECTION 184G OF THE COMPANIES ACT, CAP. 50 AND ARTICLE 58(A) OF THE COMPANY’S ARTICLES OF
      452 words

  • WORLD
    • 526 16 But a key gauge of economic health grows less than forecast in Dec LATEST US DATA Reuters Bloomberg [NEW YORK] US pri-vate-sector hiring surged in December as employers added 325,000 new workers while claims for jobless benefits fell, raising hope that recent labour market
      Reuters; Bloomberg  -  526 words
    • 552 16 AP [PARIS] The spectre of Europe’s debt crisis returned yesterday after a brief respite, as markets fell broadly on worries about losses on government debt and a French bond auction drew lacklustre demand from investors. Financial stocks slumped across Europe as it
      AP  -  552 words
    • 584 16 Bachmann steps down after sixth place finish in Iowa Reuters [DES MOINES] Michele Bachmann was out, Rick Perry was back and Rick Santorum was up in the most volatile Republican presidential nominating contest in decades on Wednesday, as conservative Republicans searched for an
      Reuters; REUTERS  -  584 words
    • 529 16 AP [SAN FRANCISCO] Yahoo’s previous turnaround attempts have flopped under three different leaders with dramatically different backgrounds former movie mogul Terry Semel, beloved Yahoo co-founder Jerry Yang and profanity-spew-ing Silicon Valley veteran Carol Bartz. Now, the struggling Internet company is making yet
      AP; AFP  -  529 words
    • 399 16 Reuters [NEW YORK] With every new year come a new round of bold predictions for financial markets. Bill Gross, the manager of the world’s largest bond fund, kicked off the year calling the current market “paranormal”. He forecast a 2012 characterised by
      Reuters  -  399 words
    • 696 17 Govt proposals fail to address complex housing issues the country is facing Reuters [LONDON] Young Britons are being forced to ditch the aspiration of home ownership that has reigned in the UK for several decades, as new government measures will fail to
      Reuters; BLOOMBERG  -  696 words
    • 632 17 Bloomberg NYT [ZURICH] The Swiss National Bank (SNB) has announced that an external probe into the conduct of its chairman Philipp Hildebrand shows he did not use privileged information for his personal enrichment and that unspecified rumours are “unfounded”. A report prepared
      Bloomberg; NYT; BLOOMBERG  -  632 words
    • 545 17 It raises spectre of Greece unless fiscal health heals Bloomberg [TOKYO] Japan probably recorded its first annual trade deficit since 1963 last year, part of a shift that may see the world’s largest net creditor come to rely on inflows of
      Bloomberg  -  545 words
    • 230 17 Reuters [LONDON] Moody’s continues to view the operating environment for British banks as negative, the credit rating agency’s senior vice-president Elisabeth Rudman told Reuters. “We have a negative outlook on the system. It’s similar to most banking systems in Europe and many banking
      Reuters  -  230 words
    • 556 17 Bloomberg [WASHINGTON] A report from Federal Reserve chairman Ben Bernanke called the weakness in the housing market a “significant barrier” to US economic health and said that Fannie Mae and Freddie Mac might have to bear greater losses to stoke a broader
      Bloomberg  -  556 words
    • 608 18 BMW, Daimler, Ford, Renault sell US$6.8b of bonds as investor confidence rebounds Bloomberg [NEW YORK] Automakers are selling bonds at the fastest pace since before credit markets froze as the best year for car sales since 2008 boosts the confidence of fixed-income investors.
      Bloomberg  -  608 words
    • 351 18 Death of Kim Jong-il refocused attention on the issue AFP [SEOUL] South Korea said yesterday that it would set up a fund this year to prepare for eventual reunification with North Korea, as the death of the North’s longtime leader Kim Jong-il
      AFP  -  351 words
    • 491 18 Bloomberg [LOS ANGELES] Toyota Motor Corp’s December sales gain beat analysts’ estimates and Kia Motors Corp had the biggest increase among Asia-based brands, capping the US auto industry’s best year since 2008. Sales rose 0.4 per cent from a year earlier
      Bloomberg  -  491 words
    • 426 18 Bloomberg [TOKYO] A Japanese sushi chain will take a more than US$600,000 loss on the most expensive fish ever sold at Tokyo’s Tsukiji market, as it sells US$74 pieces of tuna for US$5 apiece. Kiyomura K.K. paid a record 56 million
      Bloomberg; AP  -  426 words
    • 577 18 He is new editor-in-chief of NY Daily News AP [NEW YORK] The New York Daily News has a new editor-in-chief: the last editor of Rupert Murdoch’s News of the World in London before it folded amid a phone hacking scandal. Colin
      AP; REUTERS  -  577 words

  • Page 17 Advertisements
    • 37 17 tablat THE HEARTBEAT OF THE INDIAN COMMUNITY JH TAKE 1 EART4 Why are Indians so prone to heart disease? ANGELA HAS HER EYES ON SHAH RUKH GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
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    • 21 18 Family holiday abroad during Spring Festival new trend among Chinese consumers among Chinese I consumers For Subscription, call 6388 3838 www.sphsubscription.com.sg
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  • AVIATION/SHIPPING
    • 658 19 China, India set to scupper plan to include aviation in emissions trade Bloomberg [NEW DELHI] The European Union faced increased pressure to scale down its plan to impose carbon curbs on airlines after China’s carriers said they won’t comply with the rules
      Bloomberg  -  658 words
    • 585 19 AP [WICHITA] The Boeing Co, for decades the brand that helped support Wichita’s claim as the aviation capital of the world, announced on Wednesday that it will shut down facilities in the city by the end of 2013 and send work to plants
      AP  -  585 words
    • 560 19 Reuters [LONDON] The British government should consider bringing Somali pirates to Britain for trial, lawmakers said yesterday, accusing the government of not doing enough to tackle a problem that cost US$135 million in ransoms last year alone. Parliament’s Foreign Affairs Committee also
      Reuters; BLOOMBERG  -  560 words
    • 311 19 Bloomberg [PARIS] Bourbon SA, owner of the biggest fleet of supply and crew ships for the oil industry, expects improved demand and higher rates for vessels this year and next as explorers develop offshore projects in Asia and West Africa. “If oil prices
      Bloomberg  -  311 words
    • 167 19 Xinhua [BEIJING] China’s largest-ever civil helicopter yesterday received its certification from the Civil Aviation Administration of China, the country’s civil aviation authority. The move marks the official approval for the 13-tonne AC313, Asia’s largest helicopter, to enter the market, said the Aviation Industry
      Xinhua  -  167 words
    • 301 19 Rising tension over Iran keeps tanker market on edge Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates to ship dry commodities, fell for a fifth straight session on Wednesday due to lack of demand. The index had been expected
      Reuters  -  301 words
    • 263 19 SGX '000 Jan 5 S$ +/-Vol CH Offshore 0.35 -0.01 18 Chuan Hup Hldg 0.20 -0.01 25 Cosco Corp 0.92 unch 3790 s$ Ezra Hldgs 0.88 0.01 7726 First Ship Lea 0.29 unch 331 Freight Links 0.06 unch 160 Grand Banks unch unch 0 Jaya Hold Ltd 0.45
      263 words

  • EDITORIAL & OPINION
    • 472 20 EDITORIAL THE 0.8 per cent rise in Singapore’s Purchasing Managers’ Index (PMI) for December shows a slight uptick in industrial activity. However, with the PMI at 49.5 points, technically the economy is still in contraction as only a reading above the 50-point mark indicates expansion.
      472 words
    • 800 20  -  THE BOTTOM LINE YOGI AGGARWAL The writer is a Mumbai-based journalist who contributes regularly to BT CONVENTIONAL wisdom has it that South Asia, and India in particular, is reaping a “demographic dividend”, as East Asia did more than a generation back. The relatively
      800 words
    • 1261 20  - Why despite the gloom, it could be a happy year Consider an optimistic scenario for a change with a global recession prudently avoided ANTHONY ROWLEY Tokyo Correspondent IDO not regard myself as being exactly a raging bull when it comes to assessing short-term prospects for the global economy, but the
      REUTERS  -  1,261 words
    • 1252 21  -  If exchange of information pacts are bad, America’s Fatca will prove to be quite killing By DAVID SANDISON, LENG HARN SZUAN The writers are tax partner and tax manager respectively at PwC LLP Singapore TAX authorities in many developed countries have been concerned
      BLOOMBERG  -  1,252 words
    • 966 21  -  By VALI NASR The writer is a Bloomberg View columnist and a professor of international politics at the Fletcher School of Law and Diplomacy at Tufts University THE latest warning by Iran that a US aircraft carrier that recently transited through the Strait of Hormuz
      966 words
    • LETTERS TO THE EDITOR

  • Page 21 Advertisements
    • 103 21 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, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
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  • SINGAPORE STOCKS
    • 2470 22 Transaction date: Jan 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 Last 65 50 ABR Hldgs 58 unch 103 58 57.5 57.5 63 2.8 3.4 10.4 116.5 Day Last Quote 112.5
      2,470 words
    • 177 23 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 Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale ('000) High Low Buyer Seller C’vr P/E Smil 0.9
      177 words
    • 7178 23 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** APS Alpha Fund (USD)!** AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd Secure Ascent 2020 Fund 0.*****/0.***** Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited EM Local Ccy
      7,178 words
    • 201 23 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 49 25.5 Genting HK US$ US29.5 unch ***** 30 29 29.5 30 1942.4 15 10 OGL Resources A$ A10 5 10 1.5 223 168 TanChongInt HK184
      201 words
    • 862 23 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 1261 856 CIMBAsean40 100US$ US969 962 968 38.8 ***** ***** DBXT AUD Bonds 5AU$ A***** ***** ***** 45.9 ***** ***** DBXT AUDCS 5AU$ A***** ***** *****
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  • FINANCE & COMMODITIES
    • 373 24 In local curr In S$ In US$ dy yr dy yr dy yr Jan 4 Index Change Change Change Change Change Change World Preliminary 843.4 -0.1 1.6 0.1 1.0 -0.3 1.7 EAFE Preliminary 695.4 0.1 1.9 -0.1 1.2 -0.5 1.9 Europe Preliminary 1044.1 -0.9 1.7
      373 words
    • 77 24 CRUDE OIL PRODUCTS Jan 4 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 112.72 2.18 WTI (Near Mth) 103.25 0.16 Dubai (1-Mth F) 107.72 1.92 Tapis blend 120.19 3.13 Minas 117.69 3.13 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 102.00 1.89 Jet Kerosene 126.05 2.95 US$/barrel Opec Oil
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    • 114 24 As on 4 January 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT FEB2012 1612.40 1594.80 1612.90 573 CURRENCY AUD-USD FUT MAR2012 1.0287 1.0220 1.0269 3538 EUR-USD FUT MAR2012 1.3075 1.2907 1.2951 6765 USD-JPY FUT MAR2012 76.80 76.54 76.62 3556 BASE METAL
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    • 157 24 Jan 5 SICOM RUBBER Futures (Closing prices) RSS 3(US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Feb 12 332.0 329.0 331.2 12 245 Mar 12 335.0 335.0 335.0 5 324 Apr 12 339.0 337.0 339.0 30 165 May 12 341.0 250 Jun 12 341.0 212
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    • 65 24 Jan 4 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2041.25 2054.50 3 months 2065.00 2077.00 Copper, Grade A(US$/tonne) Cash 7527.75 7777.75 3 months 7540.00 7790.00 Lead(US$/tonne) Cash 2037.25 2075.50 3 months 2060.00 2100.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • 107 24 Jan 4 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 12 1221.50 1218.25 1226.50 1211.75 Mar 12 1230.00 1227.50 1235.75 1220.50 May 12 1239.50 1237.25 1245.25 1230.75 Jul 12 1248.50 1246.75 1254.00 1239.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jan 12 52.73
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    • 80 24 Jan 5 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 05.04.2012 0.36 1-Year BY*****W 01.11.2012 0.37 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 102.86 102.89 102.88 5-Year N*****0W 1.125 01.04.2016 102.27 3-Month 10-Year
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    • 442 24 Jan 5 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar12 99.3650 0 2950 Jun12 99.3000 0 6661 Sep12 99.2800 0 861 Dec12 99.2650 0 506 EUROYEN TIBOR FUTURES Mar12 99.6550 0 1949 Jun12 99.6575 0 1440 Sep12 99.6525 0 711 Dec12 99.6575 0 115 Mar13 99.6500
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    • 80 24 Jan 4 COCOA (£/tonne) Close Prev High/Low Mar 12 1345 1365 1381/1344 May 12 1364 1383 1398/1364 Jul 12 1381 1399 1412/1380 Sep 12 1394 1413 1427/1393 COFFEE(US$/tonne) Close Prev High/Low Jan 12 1796 1800 1799/1774 Mar 12 1811 1820 1818/1787 May 12 1846 1853 1852/1822 Jul 12 1875
      80 words
    • 1047 24 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 61 47.25 28 Prem Baker Technology Ltd W*****6 3.8 1 32 43 6.58 10 Best World Intl Ltd W*****5 2 1 30 106 7.75 18
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    • 470 24 Jan 5 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.046 6.510 0.798 8.023 54.364 94.627 0.793 11.901 3.242 1.314 93.383 45.459 1.332 8.420 0.973 31.253 32.624 0.662 1.033 Canada 0.956 6.224
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    • 55 24 Jan 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 1.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 0.***** 0.***** SWAP Mid rates (S$) 0.***** SWAP Mid rates (S$) 1 yr 0.*****
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    • 138 24 Jan 5 GOLD(US$/oz) Jan 04 Jan 05 Hong Kong 1613.00 1623.20 Jan 05 Jan 03 Jan 04 London 1603.14 1609.76 1604.86 1610.53 Source: Thomson Reuters CAST BAR Jan 05 (S$) Selling Buying Kilobar "72,074.13" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 161 67 5gm 458 336 10gm
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    • 57 24 Jan 5 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 12 3223.0 3200.0 3225.0 3202.0 197 441 Feb 12 3220.0 3200.0 3234.0 3196.0 1079 ***** Mar 12 3219.0 3190.0 3232.0 3190.0 ***** ***** Apr 12 3215.0 3189.0
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    • 26 24 Jan 5 Open High Sett STI Jan 2718 2718 2713 SIMSCI Jan 308.4 309.6 307.5 Taiwan Jan 255.7 257.6 257.0 Source: SGX Derivatives
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    • 158 24 Jan 5 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3315 1.3319 1.0330 1.0331 Canadian dollar 1.2728 1.2735 0.9875 0.9878 Euro 1.6677 1.6685 1.2938 1.2942 NZ dollar 1.0134 1.0142 0.7862 0.7867 Sterling pound
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    • 22 24 Jan 5 S$ Bid Offer 1-month 1.2891 1.2893 2-months 1.2891 1.2893 3-months 1.2888 1.2891 6-months 1.2873 1.2877 Source: OCBC
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    • 121 24 As at 9am Jan 05 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.361 1.297 Can dollar 1.293 1.244 Euro 1.696 1.631 Sterling pound 2.046 1.968 NZ dollar 1.041 0.992 US dollar 1.307 1.257 Local dollars to 100 units of foreign
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    • 157 24 Jan 5 Bid $S Offer Bid 0vernight 0.02 0.01 1-month 5/16 3/16 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.15 US$ Offer Bid 7 days 0.30 0.20 1 month 0.45 0.25 2 months 0.60 0.40 3 months 0.75 0.55 6 months 1.00 0.80 9 months
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  • Page 25 Advertisements
    • 1194 25 The Business Times Shipping times 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. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE Email: singapore@balisagp.com Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Antwerp/UK Destination STXPO TBN
      1,194 words
    • 1398 25 WAN HAI INTERNATIONAL PTE LTD UEN: *****4695M TEL: *****588 (14 LINES) FAX: *****163 PKL TEL: (03) *****588 FAX: (03) *****566 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 26 Advertisements
    • 1003 26 Shipping Times HDS LINES THE SHORTEST TRANSIT TO PERSIAN GULF CONTAINERS SERVICE TO TANZANIA, KENYA, MIDDLE EAST, IRAN, PERSIAN GULF, IRAQ, CIS, INDIA PAKISTAN HDM SPL Approx transit time ex-Singapore 8 D 9 D 14 D VESSEL~ VOY SIN~ PKG~ JEA~ BND~ BIK ALVA~ HDM 0115S 17 Jan 18 Jan~
      1,003 words
    • 695 26 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY~ Ramp(KT)~ Lifting(KT)~ MUA~ SIN~ PKL~ KUC~ KK~ JKT PACIFIC LOHAS 36 60 09/01 10/01 13/01 GENIUS STAR 57 45 60 09/01 11/01 MALAYSIA STAR 8 50 08/01 11/01 12/01 15/01 17/01 POSITIVE STAR 68 100 17/01 19/01 SEA
      695 words
    • 450 26 FOONG SUN SHIPPING (PTE) LTD INDONESIA SUMATRA PORTS VESSEL VOY ETA ETD DESTINATION INARAN 01/12 10/01 12/01 BELITUNG/PKL BALAM SRI JAYA 8 01/12 07/01 09/01 JAMBI/PEKAN BARU SUN FLORA 01/12 07/01 09/01 PALEMBANG/PANJANG BERJAYA II 01/12 10/01 12/01 BENGKULU/PADANG VICTORY 6 01/12 09/01 11/01 BELAWAN/LHOKSEUMAWE SINOPA 01/12 12/01 14/01 SABANG/MALAHAYATI
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  • Page 27 Advertisements
  • Page 27 Miscellaneous
    • 333 27 CRYPTIC CROSSWORD Across 7 Inside vehicle find your broken implement (5,3) 9 Soldier in road cut down extremely sad (6) 10 A member of the House before presenting current measure (6) 11 Bold opposition of French fellow anticipating marriage (8) 12 One of the FIFA bosses, say, in an advantageous
      333 words

  • Page 28 Advertisements
    • 79 28 In House Adoption is on at Galerie Stephfrom Jan 10 to Feb 25. The exhibition will be open from 12pm to 7pm Tues to Sat, and by appointment only on Sundays. The gallery is located at Artspace@Helutrans, 39 Keppel Road, Tanjong P agar Distrip ark, #01-05 Ichestnuts 15 runs at
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    • 42 28 Tropical Landscapes is on until Jan 8 at Chan Hampe Galleries Tanjong Pagar. The gallery is open from 11am to 7pm on weekdays and 11am to 4pm on weekends. Its address is 27 Kreta Ayer Road. Log on to www. chanhampegalleries. com
      42 words
    • 15 28 One Hundred Years of Solitude 10.0 Cultural Revolution, Feb 1, 8pm at the Esplanade Theatre
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  • Page 29 Advertisements
    • 56 29 Requiem For The XX Century runs at Ikkan Art Gallery from Jan 11 to Feb 25. The gallery is open from 11am to 7pm from Tuesday to Saturday, and 12pm to 5pm on Sundays. Admission is free. It is located at Artspace@Helutrans, #01 -05 Tanjong Pagar Distripark, 39 Keppel Road.
      56 words
    • 67 29 Directed by TOKUJIN YOSHIOKA CARTIER TIME ART Mechanics of Passion V 1 -Jr i j v i i K www.marinabaysands.com/ArtScienceMuseum Open from 10:00am to 10:00pm daily, last admission at 9:00pm Please check ArtScience Museum website for museum closures before visiting. Photography and filming are strictly prohibited in Cartier Time Art.
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  • Page 31 Advertisements
    • 409 31 a 3 p. 3 Harvev Nnrman COFFEE COOKING CONCEPT STORE WHIP UP. A 41 X A /7(4 t if ML g) BOSCH Invented for life Brandt Innovations you need De Dietrich 9 u c c Living innovation X a rfElectrolux Fisher&Paykel GAGGENAU KRUPS Miele Anything else is a compromise KRUPS
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  • executive lifestyle
    • 2293 32  -  Only in its sophomore year, Art Stage Singapore is growing into what pundits hope will be an Asian version of Art Basel, reportsNATALIE KOH NATALIE KOH ART Stage Singapore is back, not bigger and bolder than its inaugural edition last year, but with a
      PHOTO-ILLUSTRATION: MOHD KHAIRIE  -  2,293 words
    • 519 32  -  By CHEAH UI-HOON WHEN Lorenzo and Maria-Elena Rudolf compared the Asian art scene with that of Europe or North America, one stark difference that struck the couple was how disconnected the major Asian collectors were. “When we first started talking to collectors in China, Japan, India,
      519 words
    • WINE/PURSUITS
      • 469 27  -  GAMING REVIEW By LEE KIM SIANG TO borrow a line from Russell Crowe, “What we do in life echoes in eternity”, a sentiment that nicely sums up the latest instalment in the Assassin’s Creed series, Revelations. This time, master assassin Ezio Auditore’s (now in his 50s) quest to
        PHOTOS: UBISOFT  -  469 words
      • 1248 27  -  Volnay and Pommard, two villages in the Cote de Beaune, offer reds which are undoubtedly one of the best the Cotes de Beaune produces, writes N K YONG N K YONG IS it because we live in an age where instant gratification is the order of
        AFP  -  1,248 words
      • 578 27  -  BOOK REVIEW By CHRISTOPHER LIM WHEN 400-odd pages of serious prose is adapted into a 132-page graphic novel, you can expect a fair amount of streamlining, and in the case of Khaled Hosseini’s The Kite Runner that’s more of a good than bad thing. Perhaps the
        578 words
    • ARTS
      • 758 28 Xinhua WHAT was China’s hottest investment market in 2011? No, it wasn’t stocks or apartments. It was art. Driven by speculative capital fleeing the country’s turbulent stock market and a cooling real-estate sector, the art market showed strong growth with trade volumes expected to exceed 200
        Xinhua  -  758 words
      • AROUNDTOWN
        • 131 28 AT first glance, Indian artist Mithu Sen’s works appear to be innocent. A light bulb, a broken chandelier, or a telephone simple commodities that you don’t usually think twice about. Yet there is something rather unnerving about her works, bordering on provocative. Then it hits you,
          131 words
        • 156 28 CELEBRATING 15 years of entertaining Singaporeans, Chestnuts is back. Written and directed by Jonathan Lim, the show returns as iChestnuts 15 and promises to tickle your funnybone with the usual spoofs and paradies that it’s been well-known and loved for. Expect to see plenty of fun
          156 words
        • 82 28 IT’S a well-known fact that Singapore is full of lush greenery amidst its concrete buildings and roads, though not many people spare such forests a second thought, much less trudge through it to appreciate its beauty. Not local artist Khor Kok Kheng, however, as he dedicates his first
          82 words
        • 133 28  -  Compiled by NATALIE KOH TOY Factory Productions, the theatre company that brought you productions like December Rains, 881 The Musical and Equus, is holding an audition for their upcoming production Purple, to be held in August. An original English piece written by Goh Boon Teck and
          133 words
      • 807 28  -  One Hundred Years of Solitude 10.0 Cultural Revolution is a sweeping visual narrative where the journey is revealed like a Chinese scroll, writesCHEAH UI-HOON CHEAH UI-HOON SINGAPORE, Hong Kong and China veteran theatre practitioners and also youth studying the arts from different artistic disciplines came together
        807 words
      • 288 28 HIGHLIGHTS of Huayi 2012 which is based around “courage” as its theme. This year’s programming celebrates the pioneers and practitioners of the art scene that have pushed the boundaries of contemporary Chinese arts. Water Stains on the Wall by Cloud Gate Dance Theatre of Taiwan
        288 words
      • 1110 29  -  Art Stage makes more in-roads with collaborative fringe events, reportsCHEAH CHEAH UI-HOON SINGAPORE will get to see more international artists’ works here, and on a more regular basis, now that collaborations between local and foreign galleries are taking off. Starting next week, there are at least
        1,110 words
      • 709 29  -  By NATALIE KOH IN Ikkan Art Gallery’s latest exhibition, Requiem for the XX Century, what appear to be portraits of famous people, such as Einstein, Mao Zedong, Andy Warhol and Salvador Dali, hang on the walls. This, however, isn’t an ordinary exhibition of portraits
        PHOTOS: IKKAN ART GALLERY  -  709 words
      • 216 29 Collaborative exhibitions which are part of Art Stage Singapore’s fringe event list: What: In House Adoption by Mithu Sen/ Presented by Galerie Steph (Singapore) and Nature Morte (New Delhi, Berlin) Where: Galerie Steph, ARTSPACE@Helutrans, 39 Tanjong Pagar Distripark, #01-05. Tel: 9176 8641 When: Jan 11-Feb 25,
        216 words
    • CINEMA
      • 506 30  -  By DYLAN TAN WHEN playing the role of Marilyn Monroe, Michelle Williams has turned herself into a bit of a star with her impressive karaoke acting. Her much-lauded performance in My Week With Marilyn as the legendary sex bomb goes beyond just perfecting the latter’s
        THE WEINSTEIN COMPANY  -  506 words
      • 711 30  -  A-List Hollywood director David Fincher’s American remake of The Girl with the Dragon Tattoo sees actress Roonie Mara play a super-sleuth in nose rings with one hell of an attitude, reviews GEOFFREY EU GEOFFREY EU SOMETHING is rotten in the Swedish state, and it’s up
        AP  -  711 words
      • 460 30  -  By DYLAN TAN INSTEAD of spinning a history lesson about the Holocaust, director Gilles Paquet-Brenner weaves a mystery thriller into the sentimental family drama, Sarah’s Key. Based on the best-selling novel of the same name by journalist Tatiana de Rosney, which the French filmmaker
        HUGO PRODUCTION/JULIEN BONET  -  460 words
      • 710 30  -  By DEBBIE YONG ITS jokes are so crassly juvenile, sensible adult viewers will look forward to catching The Inbetweeners in darkened theatres so no one can catch you sniggering in delight. The movie is the award-winning British television series’ way of wrapping up its three
        GOLDEN VILLAGE  -  710 words
    • ENTERTAINMENT
      • 793 31  -  Jazz band Noir is in no hurry to fill shelves with their CDs as they move to the beat of a different drummer, writesCHRISTOPHER LIM CHRISTOPHER LIM BLINK and you might miss Noir’s two albums. Especially when some of the best local jazz albums of the
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      • 513 31  -  BLU-RAY REVIEW By CHRISTOPHER LIM IF starting work in the new year feels like an extended version of the Monday blues, Fright Night on Blu-ray 3D should help banish that bleakness with its larger-than-life scares and laughs. Last year’s Fright Night is a remake of
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    • 88 32 MUSIC Shades of Noir find a new groove with jazz lovers PAGE 31 Art Stage Singapore will be held at Marina Bay Sands Convention and Exhibition Centre (Exhibition Halls D, E and F) from Jan 12 to 15. The fair will be open from 2pm to 9pm from the 12th
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