The Business Times, 26 May 2009

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Total Pages: 32
1 32 The Business Times
  • 20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg SfCi A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Tuesday, May 26,2009
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  • 778 1  -  UMA SHANKARI Buyers respond well to scheme introduced at some projects By [SINGAPORE] Some developers here are turning to rental guarantees to lure buyers in the current down-market. Under such schemes which are offered only for certain units within selected projects developers help buyers secure tenants,
    FILE PHOTO  -  778 words
  • 675 1  -  LEE U-WEN They also seek more scrutiny of GIC, Temasek actions By [SINGAPORE] The recent news that Temasek Holdings had sold its entire stake in Bank of America (BOA) at an estimated loss of up to US$4.6 billion caused much murmuring
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  • MARKETS DIGEST
    • 46 1 lorn lay lange 1 COMP 1,053.14 +7.88 IIKKEI 225 9,347.00 +121.19 IANG SENG 17,121.82 +59.3 ;et index 550.51 -3.51 JAKARTA COMP 1,890.97 +9.26 1ANILA COMP 2,334.62 +17.73 ;eoulcomp 1,400.90 -2.85 ;henzhenb 409.39 +2.40 IUMBAI IND 13,913.22 +26.07 12 noon EDT Chant )OW Closed IASDAI Closed
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    • 30 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.228 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 12.25 Source: B
      Bloomberg  -  30 words
    • 45 1 IS$ (S$ per US$) 1.449 (US$/S$ per 1.584 2.296 :uro (USS/SS/E) 1.396 2.024 Foreign currency per US$ S$ 'EN 95.00 65.50 3.494 2.410 IK$ 7.751 5.348 !AHT 34.36 23.71 lUPIAH 10,290 7,100 lENMINBI 6.824 4.708 INDIAN RUPEE 47.35 32.67 1.285 0.887 IZ$ 1.621 1.118
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 42 1 f*% C$ O SMEINC SPCDEAL IV JH S'POREARTS CORPORATE It Riding the shipping Win-win for buyer HPl2^il FESTIVAL RESULTS waves to success and seller UhJ Siempo's memoirs CX Tang deeper page 11 page 2 HBDESh indance page 24 in the red pages
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    • 14 1 Firm demand boosts sales of private homes Analysts upgrade property stock calls PAGE 30
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  • TOP STORIES
    • 935 2  -  RONNIE LIM NEWS ANALYSIS Purchase gives Chinese oil giant a refining foothold in Singapore oil hub By [SINGAPORE] PetroChina's 551.47 billion cash purchase of Keppel Corp's entire 45.51 per cent stake in Singapore Petroleum Company (SPC) is seen as "win-win" for seller and buyer, even
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    • 783 2  -  RONNIE LIM By [SINGAPORE] Singapore Petroleum Company (SPC)'s shares surged 24 per cent to an intra-day high of $6.25 yesterday, matching the price that PetroChina is offering for Keppel Corp's 45.51 per cent stake in the oil company. SPC, which has refining
      783 words
    • 369 2  -  S JAYASANKARAN Speculation rife MGM may sell the stake to Genting By! in Kuala Lumpur A REPORT that Malaysia's Genting group could be eyeing MGM Mirage's 50 per cent stake in the MGM Grand Macau casino sent shares of Genting and its
      369 words
    • THREE-MINUTE DIGEST
      • 42 2 SOME developers are turning to rental guarantees to woo buyers. Under such schemes offered only for certain units within selected projects developers help buyers secure tenants, and guarantee that the owner gets a minimum yield. FRONT PAGE
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      • 58 2 THE recent news that Temasek Holdings had sold its stake in Bank of America (BOA) at an estimated loss of up to US$4.6 billion caused much murmuring among Singaporeans. Their beef? Not knowing the reasons for the decision, and the sale
        58 words
      • 44 2 SINGAPORE Petroleum Company shares surged 24 per cent to a high of $6.25 yesterday, matching the price that PetroChina is offering for Keppel Corp's stake in the company. SPC closed at $6.05, up 20 per cent.
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      • 44 2 NORTH Korea conducted a second nuclear test yesterday that was far more powerful than its first one, triggering an emergency UN Security Council meeting but financial markets wobbled only briefly on the news. TOP STORIES, PAGE 4
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      • 54 2 CX Tang has slumped deeper into the red, posting a net loss of $5.62 million for the year ended March 31. The loss was more than double the $2.19 million a year ago and translates to a loss of 2.4 cents per share.
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      • 57 2 METRO Holdings has reported a net profit of $38.2 million for its fourth quarter ended March 31, up 49 per cent from $25.6 million. This was attributed to increased rental income from its China properties and the strengthening of the yuan against
        57 words
      • 47 2 TRAVEL agencies are going all out to cut costs to ensure the recession does not leave a permanent scar on business. Measures range from staggered or unpaid leave to cutbacks to save on utilities costs. SINGAPORE NEWS, PAGE 9
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      • 66 2 TOKYO has raised its assessment of the economy for the first time in three years, saying the pace of worsening is slowing as exports and industrial output are nearing bottom. The revision followed an upbeat Bank of Japan view, that a rebound
        66 words
      • 43 2 THE Malaysian government is likely to revise 2009's growth in gross domestic product terms downwards from its current "flat" estimate of minus-1 to one per cent to an outright contraction of 1-2 per cent. MALAYSIA, PAGE 17
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    • 518 4 -Reuters, Bloomberg Investors had already been wary about possible profit-taking [SEOUL] North Korea conducted a second nuclear test yesterday that was far more powerful than its first one, triggering an emergency UN Security Council meeting on the hermit state's defiant act, but financial
      -Reuters, Bloomberg; AP; Bloomberg  -  518 words
    • 375 4 Sing Tel won't confirm its involvement in the new deal for South African telco By WINSTON CHAI [SINGAPORE] After a failed attempt last year, Singapore Telecom's Indian associate Bharti Airtel is reviving talks to acquire a major stake in South Africa's largest wireless operator, MTN
      375 words
    • 647 4 Bloomberg [BERLIN] Chancellor Angela Merkel's government aims to make a decision on a preferred bidder for General Motors Corp's (GM) Opel unit in Germany by the middle of this week as GM prepares for a probable June 1 bankruptcy. Ms Merkel
      Bloomberg; REUTERS  -  647 words
  • Page 2 Advertisements
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    • 26 2 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. NOTICES I
      26 words

  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 1296 4 V^L k AT^V^T'T/^-rl r> Toll free: 1800-289-8822 V IVII 1 L V Email: notices@sph.com.sg JL^I V^^r JL I V.y 1 www.cats.com.sg KEBW Korea Exchange Bank [INCORPORATED IN THE REPUBLIC OF KOREA] NON-CONSOLIDATED BALANCE SHEETS NON-CONSOLIDATED STATEMENTS OF INCOME As of December 31,2008 and 2007 For the years ended December 31,2008
      1,296 words

  • COMPANY NEWS
    • 428 5  -  JAMIE LEE The results were due to a $7.8 million writedown for the company's assets By CX Tang which has seen the third privatisation offer by the controlling Tang family slumped deeper into the red, posting a net loss of $5.62 million
      BLOOMBERG  -  428 words
    • 401 5  -  LYNETTE KHOO By CELESTIAL NutriFoods has received a notification from its convertible bond (CB) holders, requiring the group to redeem bonds amounting to $234.8 million by June 12. The group said that it is unable to pay off its obligations unless there is
      401 words
    • 678 5  -  JAMIE LEE PROPOSALS in the US for new rules to allow certain minority shareholders to nominate independent directors have prompted this question: Should retail investors in Singapore be allowed to have their own representative on the board of directors? The US Securities and Exchange Commission
      678 words
    • 412 6  -  VINCENT WEE Development will be for commercial, industrial and residential uses By SINGAPORE Intelligent Eco Island Development (Eco-Island), a consortium of Yanlord Land Group, Sembcorp Industries' unit Sembcorp Industrial Parks and Surbana Land, yesterday signed a collaborative agreement to develop the Sino-Singapore Nanjing Eco
      412 words
    • 522 6  -  ARTHUR SIM By METRO Holdings has reported a net profit of $38.2 million for its fourth quarter ended March 31, up 49 per cent from $25.6 million. This was attributed to increased rental income from its China properties and the strengthening of the yuan against
      | XC KWONG/UANHE ZAOBAO  -  522 words
    • 382 6  -  JOYCE HOOI By THE light at the end of the tunnel may finally be dawning upon Informatics Education, as it posted its first full-year net profit in five years. The education group recorded $7.05 million net profit for the fourth quarter
      382 words
    • 293 7  -  VINCENT WEE Factors include fall in demand and lower core freight rates By NEPTUNE Orient Lines' performance continued to slide, with volumes and average revenue both sliding by more than a fifth for the four weeks from April 4 to May 1. The
      293 words
    • 379 7  -  JESSICA YEO By TEHO International, a supplier of rigging and mooring equipment and related services, yesterday launched its initial public offering (IPO) for a listing on Catalist. The third company to seek listing on the Singapore Exchange (SGX) this year after Westminster Travel
      379 words
    • COMPANY BRIEFS
      • 59 7 RIG builder Sembcorp Marine said yesterday that the application for Chapter 11 protection by its troubled client Petroßig I Pte Ltd, which had originally been adjourned till last Friday, has been adjourned further till June 1. There is no temporary restraining order on
        59 words
      • 48 7 CITYSPRING Infrastructure Trust reported Q409 cash earnings rose 7.3 per cent to $21.8 million. For FYO9, however, earnings fell 11.9 per cent to $60.9 million. Q4 distribution per unit (DPU) rose 9.4 per cent to 1.75 cents from 1.60 cents previously.
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  • Page 5 Advertisements
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    • 104 5 I I ImEESUUmEmh hMHPiIri IpHRpHKHS M^^ j^^ .v:.■•::::<>/>.■:•'' I I h servcorp :::=;s^""3 www.servcorp.com.sg I Everything But The Overheads^ I From $99* per month! &o m S r'2i eo pn othflexibility St Prestigious address for your business cards and letterhead M Access to over 300 boardrooms and meeting rooms, locally
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  • Page 6 Advertisements
    • 2300 6 JL^I V-^ JL JLx^ JLj k3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg Tl IN THE MATTER OF IN THE MATTER OF Mr>rH^o® Nordea Bank Finland Pic I ~£T ™l=r' xlffllf' 1^^»ll IN THE MATTER OF (In Members' Voluntary Liquidation) 1 wl wV-l Statement of accounts for the year ended 31
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  • Page 7 Advertisements
    • 197 7 LOEWE. The Art of viewing begins with Art. Introducing the new Loewe Art SL. JL This full-HD 100 Hz Slim LCD TV is purest pleasure even AUhl to the most discerning eye. An Art connoisseur would IH\ marvel at its slim design and timeless elegance. Hj\ Its beauty however, goes
      197 words
    • 29 7 THE ISLAMIC BANK OF ASIA Up to 1.6% p.a.* on your US$. Tenor 3 months 6 months 3 months 6 months I S£llnt) 100% P- 145%P-a- 1-15% P- 1-60%p.a.^H
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  • SINGAPORE MARKETS
    • 588 8  -  R SIVANITHY STOCKS Despite US closure, it closes with a net gain at 2,267 after opening the week tracking Hang Seng, European markets ITH Wall Street closed yesterday because of Memorial Day, the local market was left to its own devices yesterday. The outcome was that
      : Bloomberg  -  588 words
    • 96 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 13 3 3 0 0 0 13 3 3 lanufacturing 89 33 54 10 99 41 63 Commerce 39 15 17 46 18 19 'pt/Stor/Comms 24 12 25 12 :inance 19 19 Construction 11 13 10
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    • 117 8 MAIN SDQ TOTAL MAIN SDQ TOTAL Julti Ind 48,971 48,971 126,908 126,908 lanufacturing 667,561 27,407 694,968 364,250 1,867 366,117 Commerce 450,567 7,198 457,765 112,024 577 112,601 "pt/Stor/Comms 313,378 770 314,148 307,439 94 307,533 :i nance 41,026 41,026 203,153 203,153 Construction 196,298 1,324 197,622 39,628 69 39,697 'roperties
      117 words
    • 106 8 Capita Land 3.510 4-0.080 Noble Grp 1.670 4-0.040 CapitaMal 1.300 -0.010 OCBCBk 7.150 -0.030 CityDev 8.110 -0.130 Olam 1.840 4-0.030 ComfortDelGro 1.280 -0.030 S IA 12.140 4-0.120 Cosco Corp 1.230 4-0.040 SGX 7.200 4-0.060 IBS Grp 11.640 -0.160 SIA Engg 2.470 4-0.050 :&N 4.060 4-0.030 SMRT
      106 words
    • 255 8  -  JAMIE LEE Singapore Petroleum Co (SPC) May 25 close: $6.05 DBS VICKERS SECURITIES, May 25 ACQUISITION by Petrochina: Keppel announced yesterday that it had entered into an agreement to sell its entire 45.51 per cent stake in SPC to Petrochina for $6.25 per share, or US$l.47 billion in
      255 words
    • 263 8  -  KEN TAI CHART POINT WITH the Dow Jones, Nasdaq, Hang Seng, FTSE 100, DJ Euro Stoxx 50 and Straits Times Index forming possible double-tops and other indices such as the KLCI, SET, Shanghai Composite displaying bearish divergences, it is no wonder even professional
      263 words
    • 541 8 -Reuters CURRENCIES [LONDON] The euro slipped yesterday, stung after a gauge of German corporate sentiment fell short of market expectations, suggesting that any recovery in the euro zone's biggest economy would take more time. The Munich-based Ifo think tank's business climate index rose to
      -Reuters; AFP  -  541 words
    • 4 8 DAILY
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    • 58 8 May 25 VALUE CLOSE IT OB/OS 328.00 +360. C IT CADI -*****.00 +207. IT 10-day MA -*****.00+33.01 TSE ST Mid Cap 496.09+15.4' TSE ST Small Cap 425.72+12.41 TSE ST All Share 551.01 +7.6 TSE ST China Top 235.30 +9.5 TSE ST China 232.47 +8.8: OB Catalist 96.21
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    • 55 8 VOLUME Gentinq SP 164,090,000 Abterra 128,341,000 Yanqzijianq 95,338,000 UniFiber 86,972,000 Golden Aqri 82,802,000 *StarCruises 79,807,000 Ocean us 69,995,000 Mercator 62,753,000 Ezion 61,904,000 Cosco Corp 59,531,000 VALUE(S) Gentinq SP 142,024,835 Keppel Corp 83,878,400 Yanqzijianq 75,400,370 Cosco Corp 72,678,530 Capita Land 71,888,880 DBS Grp 71,543,074 SPC 69,628,280 SingTel 64,228,720
      55 words
    • 102 8 CLOSE UP iBXT FTVietnam 10US$ 4414 788.3 14.1 IMH 2374 136.2 4.1 ICBC Bk4.5%NCPS 100 8920 120.0 1.. i PC 605 101.0 20.' ICBCCai i.93%Pref10 7250 100.0 1.. ISH 1356 72.5 3.: Con i.ES.0905 737 52.0 7.' ICBC Bk5.1%NCPS 100 9780 40.0 0.. IK Land 338 36.2 8.' Con
      102 words
    • 115 8 CLOSE DOWN 1350 -40.0 -2.9 STXPO 100 'a in 515 -29.0 -3.7 DBXT MSTaiwan 10US$ 1316 -26.1 -1.3 iBS Gr| 1164 -16.0 -1.4 DBXT S&P Short 10US$ 7110 -14.5 -0.1 lit 811 -13.0 -1.6 India Ni 10 1293 -11.0 -0.8 Elec Eltek 123 -10.1 -5.4 Jardine C&C 1508 -10.0
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    • 84 8 Where S! stands May 25 CHNG CLOSE FRMay22 YR2009 S$ LOW S$ HIGH uss 1.4488 -0.30 1.5579 1.4308 Euro 2.0244 -0.42 2.0732 1.9150 Pounds 2.3007 -0.60 2.3007# 2.0356 AS 1.1290 -0.28 1.1321 0.9453 Yen* 1.5247 0.65 1.7278 1.4831 Rupiah* 0.***** -0.15 0.***** 0.***** Baht* 4.2153 -0.21 4.3390 4.1040 Peso*
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  • Page 8 Advertisements
    • 74 8 JSI W^ -"^<t*iv"TV' I/O?T V/ I I'll 1/ r' r~" i' i-> f v> Irj i\^jjU 111 i\ >: v^ i" I The information in this advertisement is provided solely for informational purposes and does not constitute investment advice. It does not take into account your objectives, financial situation and
      74 words

  • SINGAPORE NEWS
    • 555 9  -  NISHA RAMCHANDANI, ZEINAB YUSUF VICTOR KATHEYAS But none laying off staff despite challenging business environment By and AIRLINES aren't alone in trying to keep the lid on costs during the downturn travel agents, too, are implementing measures to cope with the slide
      THE STRAITS TIMES FILE PHOTO  -  555 words
    • 485 9  -  CHEN HUIFEN By( AS the US administration mulls the removal of tax advantages of American companies with operations overseas, New York-listed eye-care products maker Alcon is charging ahead with a multi-million dollar plant in Singapore tax changes or not. In a phone interview
      485 words
    • 539 9  -  LYNETTE KHOO By THE lawyer for former WBL employee Kevin Lew yesterday questioned the need for the group's impairment charge on a Thai subsidiary, given that a turnaround was possible at the time. He also argued that the charge, once made, was positive
      539 words
    • 310 9 THE government yesterday appointed Leo Yip as chairman of the Economic Development Board (EDB) with effect from July 1. He replaces Lim Siong Guan who has been EDB chairman since Oct 1, 2006. Mr Yip, currently EDB's deputy chairman, retains his
      310 words
    • 552 10  -  LEE U-WEN YESTERDAY IN PARLIAMENT Topics touched on include difficulty in contesting GRCs, recruiting talent By CHANGES to Singapore's political system are set to be unveiled this week by Prime Minister Lee Hsien Loong, and some Members of Parliament took the chance yesterday
      552 words
    • 154 10 THREE awards and five merit commendations will be given out for the Building and Construction Authority's (BCA) Design and Engineering Safety Excellence Awards this year. The winners include The Sail@Marina Bay, The Henderson Waves and the Kallang-Paya Lebar expressway. Engineering works make construction possible and
      154 words
    • 480 10  -  TEH SHI NING By SINGAPORE'S consumer price index (CPI) fell 0.7 per cent in April the first year-on-year decline in more than three years. Analysts had not expected the inflation rate to turn negative this soon the consensus forecast was a 0.6 per cent rise
      JOYCE FANG/THE STRAITS TIMES  -  480 words
    • 227 10 THE latest Shopper Trends report by The Nielsen Company shows average monthly household expenditure in Singapore rose 14 per cent from a year earlier because of higher food costs and changing spending patterns. Spending on fresh food registered the greatest jump 15 per cent across all
      227 words
    • SINGAPORE ROUNDUP
      • 61 10 MAYBANK Singapore has announced that its newest branch at Yishun will serve as a test-bed for its environmentally friendly efforts. The bank has chosen Yishun, where more than 50 per cent of residents are aged between 20 to 49 years according to a
        61 words
      • 40 10 SHELL announced yesterday that its Shell Eastern Petrochemicals Complex (SEPC), its largest single investment in Asia, will be the largest industrial user of NEWater with the commissioning of its NEWater pipeline and supply.
        40 words
      • 41 10 THE Intellectual Property Office of Singapore (IPOS) has launched an "IP Knowledge Kaleidoscope" on its website, which will feature a series of IP management factsheets to provide businesses with an insight into their intellectual assets.
        41 words
      • 46 10 THE Republic of Jamaica has officially opened its first representative trade office in South-east Asia, the Jamaica Trade Consulate in Singapore, which will become the country's hub for all official trade and investment activities in Singapore and the South-east Asia region.
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      • 29 10 THE new School of Science and Technology, Singapore (SST) has set up an Entrepreneurship Advisory Council (EAC) to promote innovation and enterprise in the school.
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  • Page 9 Advertisements
    • 165 9 jUi ~^l Fares shown are per person for a Business Class round trip inclusive of airport tax, insurance and fuel surcharge correct as of date of publication and may be subject to change due to currency fluctuation Sales Period is from now to 28 May 2009 Travel Period is from
      165 words

  • Page 10 Advertisements
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      239 words
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  • SME Inc
    • 569 11  -  BRITTANY KHOO By I IN a recent survey conducted by Singapore Management University (SMU), consumers here gave Singapore's service industry a rating of 67.8 per cent, ranking the island joint last among eight tourist destinations with similar national customer satisfaction measures.
      FILE PHOTO  -  569 words
    • 867 11 The footprint of Heatec JieTong an offshore and marine company with a turnover of about $45 million for FY 2008 extends across Asia and includes operations in China, reports VICTOR KATHEYAS CLOSE to 40 years ago, Johnny Soon and Jimmy Yong used to play
      ARTHUR LEE  -  867 words
    • 1026 12 Hock Lian Huat's William Tan takes up courses and learns from mistakes. CHEN HUIFEN reports IF anyone should be held up as a role model to encourage SME bosses to "go back to school", William Tan would be a good choice. The third-generation scion of
      ARTHUR LEE  -  1,026 words
    • 190 12 THE Association of Small and Medium Enterprises (Asme) and the Rotary Club of Singapore have launched their Entrepreneur of the Year Award (EVA) 2009. Into its 21st year, the award recognises entrepreneurs who identify opportunities and act on them while accepting the risks involved. EVA
      190 words
    • 737 12  -  JOYCE HOOI By IN such challenging times, ImaginAsia Group (lAG) will have you know that the children's retail sector is certainly no child's play. lAG, a subsidiary of Retail Investment, already counts two French children's apparel labels Petit Bateau and DPAM and ELC,
      YEN MENG JIIN  -  737 words
    • 884 13  -  ANG SWEE HOON COMMENTARY What can businesses do to mitigate hostile consumer attitudes triggered by political or economic events? By i THE intertwining of lives has never been more evident, as demonstrated by two recent independent events the financial crisis and the Influenza
      884 words
    • 1712 13  -  Chow Yew Sun THIS WEEK'S TOPIC Do you think there is a need for a second stimulus package in Singapore, or for other forms of assistance, to help SMEs tackle the increasingly challenging climate? And if so, what changes or measures would you
      1,712 words
  • Page 11 Advertisements
    • 99 11 FINANCIAL REPORTING PAYROLL PROCESSING XBRL Filing Payroll Administration SWAT Accounting Leave Administration Routine Accounting GST Training Administration Reporting Staff Insurance Administration CFO2SME™ Claims Processing Business Crisis Management Employment Pass Work Permit Application STAFFING SOLUTIONS IT OUTSOURCING MANAGED SERVICES SAGE ACCPAC ERP Technical Managed Services in Accounting SuPPort Implementation Services Business
      99 words
    • 230 11 Jointly Organized By: 4%P I SINGAPORE X I T A BUSINESS ma I L» FEDERATION miocution Singapore INVITATION Date :11 June 2009 (Thursday) Time 1.00 pm 6.00 pm Venue International Enterprise Singapore Seminar Room (Little Red Dot) 230 Victoria Street #10-00 Bugis Junction Office Tower The Korea International Trade Association
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  • Page 11 Miscellaneous

  • Page 12 Advertisements
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  • Page 13 Advertisements
    • 106 13 SME The topic for next week's SME Voices Column is: "There have been suggestions that SMEs in Singapore need to find strength in unity when venturing abroad. Do you think SMEs here are united? How can we forge a spirit of cooperation among our SMEs that will allow them to
      106 words
    • 140 13 Dr. John C. Maxwell LIVE in Person! Building The Leadership Team for Outstanding results "A strong Team of Leaders creates the multiplier effect fg for massive growth. Everything rises and falls on ■yI&SkJI^B I Leadership/ uf4MM,Y!fI John C. Maxwell V 101 INI- I H^^HH —fli maxwell B Join international participants
      140 words

  • Page 14 Advertisements
    • 3352 14 This Joint Announcement does not constitute an offer or a solicitation to any person in any jurisdiction in which such offer or solicitation is unlawful. The Exit Offer (as defined herein) is not being proposed in any jurisdiction in which the introduction or implementation of the Exit Offer would not
      3,352 words

  • Page 15 Advertisements
    • 3319 15 5. RATIONALE FOR THE EXIT OFFER In the meantime, E&E Shareholders are advised to refrain from taking any action in relation to their E&E Shares which 5.1 Opportunity for the Relevant E&E Shareholders to Realise their Investment. The Exit Offer presents the ma V be Prejudicial to their interests until
      3,319 words

  • ECONOMY WATCH
    • 444 16 Reuters But job situation is severe and deteriorating rapidly, says govt [TOKYO] The government raised its assessment of Japan's economy for the first time in three years yesterday, saying the pace of worsening is slowing as exports and industrial output are nearing
      – Reuters; REUTERS  -  444 words
    • 426 16 ■NYT NEW YORK] As job losses rise, growing numbers of American homeowners with once solid credit are falling behind on their mortgages, amplifying a wave of foreclosures. In the latest phase of the nation's real estate disaster, the locus of trouble
      ■NYT  -  426 words
    • 459 16 AFP, Bloomberg Industrial orders, exports also showed their first increases [BERLIN] Confidence among German firms rose to a six-month high in May yesterday, suggesting that Europe's largest economy might be pulling out of its worst slump in over 60 years. The closely watched Ifo
      AFP, Bloomberg  -  459 words
    • 283 16 Bloomberg Prices will stay above US$5O for rest of this year and top US$6O next year: analysts [ROME] International Monetary Fund (IMF) first deputy managing director John Lipsky said rising oil prices reflect expectations that the recession may be easing and that demand is
      Bloomberg  -  283 words
    • 665 16 -Reuters [BANGKOK] Thailand's economy contracted a larg-er-than-expected 1.9 per cent in the first quarter, dragging the country into recession after a plunge in exports, but officials said the worst may be over. A fall in household consumption and investment in fixed assets deepened
      -Reuters; BLOOMBERG  -  665 words

  • MALAYSIA
    • 485 17  -  S JAYASANKARAN The gloomier expectations signal new sobriety among policymakers By in Kuala Lumpur THE Malaysian government is likely to revise 2009's growth in GDP (gross domestic product) terms downwards from its current "flat" estimate (between one and minus one per cent) to an outright contraction
      REUTERS  -  485 words
    • 330 17 Reuters [KUALA LUMPUR] Sime Darby, Malaysia's top oil palm grower by market value, said quarterly net profit slumped 85 per cent as palm oil prices more than halved from last year's record highs. Chief executive Ahmad Zubir Murshid said yesterday that Sime
      Reuters  -  330 words
    • 438 17  -  PAULINE NG New system to offer better bandwidth capacity, options By in Kuala Lumpur A CONSORTIUM of eight regional telcos including Telekom Malaysia (TM) has proposed to develop an B,oookm international undersea cable system that would link 10 countries and territories in the
      438 words
  • Page 17 Advertisements
    • 69 17 ]3k KJ ;.F-; J WiotoCred/t Vnd^S fe^. ParisTouristOffice**J^^L |ki\ DowdLEFRANC Win a pair of l^r^^^ HPfOL—^^^ Singapore Airlines A3BO HOf^^" Jj I Business Class tickets a holiday in Paris! Ybu sfand f o win these attractive prizes* for 2! pPVHHHHHRMI |H|HH WH| m^^W HVVf^P PHHV| V^WHW^I -vj1.■ fSmniiii" ■vJHj HR^L
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  • GREATER CHINA/INDIA
    • 866 18 -Reuters Election win lifts hope that India will capitalise on demographic edge [BEIJING] As recently as 1990, China's average income per head was still lower than India's. Today, it is more than twice as high. There are many reasons why, from life
      -Reuters; IMF's World Economic Outlook; World Bank's World Development Indicators; Food and Agriculture Organisation, Reuters  -  866 words
    • 229 18 -AFP [BEIJING] China is planning a stimulus package worth US$44O billion to expand its renewable energy use, state media said yesterday, as the country aims to rely more on cleaner ways to power its growth. The 3 trillion yuan (***** billion)
      -AFP  -  229 words
    • 280 18 AFP It'll allow use of both online and offline subscription systems [SHANGHAI] China said it would resume new stock market listings as early as next month, a move that reflects the strong performance of domestic shares this year, the country's securities
      AFP  -  280 words
    • 170 18 LafiteRothschild wine fetches HK$1.44m Bloomberg [HONG KONG] A 60-bottle set of 1982 Chateau Lafite-Rothschild fetched HK$l.44 million (*****,399) at a wine auction in Hong Kong, the top lot at a sale where the 10 priciest items were bought by Asian collectors. The winning lot was one of 209 lots of
      – Bloomberg  -  170 words
    • Article, Illustration
      47 18 REUTERS [HONG KONG] Job seekers fill in application forms at a job fair, in which 3,700 jobs vacancies are offered. The territory's seasonally adjusted unemployment rate for three months, which ended on April 30, rose to 5.3 per cent, the highest in three years.
      REUTERS  -  47 words
    • 221 18 Bloomberg [MUMBAI] Indian billionaire Anil Ambani plans to invest 43 billion rupees (Ssl.3 billion) in Reliance Infrastructure Ltd to fund the expansion of its electricity, engineering and construction businesses. The board of Reliance Infrastructure, India's second-largest non-state power producer, approved on Sunday the issue
      – Bloomberg  -  221 words
  • Page 18 Advertisements

  • ASIA-PACIFIC/WORLD
    • 575 19 -AP A 20% rise in renewables could mean one million new jobs by 2020 [COPENHAGEN] Hoping to create a global carbon market, the organisers of a world business summit on climate change said yesterday that two million new jobs would be created
      -AP  -  575 words
    • 76 19 -AFP, Bloomberg [PARIS]A woman with a giant tennis ball signed by world No 1 Rafael Nadal at the French Open here at Roland Garros stadium yesterday. Nadal tied Chris Everts winning streak at Roland Garros of 29 straight matches by beating Marcos Daniel in the first
      -AFP, Bloomberg; AFP  -  76 words
    • 810 19  - Know your tyres and win the race STEVE SLATER COMMENTARY Besides his flawless driving. Button's Bridgestone mastery was the key to his victory By JENSON Button's victory came as the result of flawless driving, not just on race-day Sunday but for the whole weekend of the Monaco Grand Prix. We
      AFP  -  810 words
    • 632 19 NYT [WASHINGTON] Memorial Day used to be a celebratory event for the music industry. It wasn't just the start the summer concert season and its attendant record sales, but also the weekend when FM radio stations coast to coast would play their top
      NYT; AP  -  632 words
    • 408 19 -Reuters, Bloomberg [CANBERRA] Two of Australia's most powerful unions joined forces yesterday to demand that the government abandon plans to lift the pension age, adding to centre-left Prime Minister Kevin Rudd's growing budget and political woes. The decision to lift the qualifying
      -Reuters, Bloomberg  -  408 words

  • EDITORIAL & OPINION
    • 488 20 AFTER his party's decisive victory in the recent elections, India's Prime Minister Manmohan Singh distributed key Cabinet portfolios on Saturday. Most of the ministers are from the previous Cabinet. Outgoing foreign minister Pranab Mukherjee, 73, regarded as one of India's canniest politicians, is the
      488 words
    • 923 20  -  SHADA ISLAM The EU remains uneasy, and divided, over dealing with Beijing THE European Union (EU) and China worked hard at mending fences at a summit in Prague last week in what policymakers describe as a bid to strengthen a relationship threatened by
      AP  -  923 words
    • 776 20  -  PAUL KRUGMAN -NYT THE BOTTOM LINE CALIFORNIA, it has long been claimed, is where the future happens first. But is that still true? If it is, God help America. The recession has hit the Golden State hard. The housing bubble was bigger
      -NYT  -  776 words
    • 805 21  -  NEIL BEHRMANN Unimpressed with professional money managers, they are making their own investment decisions SHREWD individual investors have zipped past the professional fund manager herd in the past few months. During November and October, and again in February and early March, brokers were reporting that
      BLOOMBERG  -  805 words
    • 1166 21  -  LEON HADAR IF YOU'VE been following American 24/7 television and radio talk shows or reading the op-ed columns in the country's newspapers (or the few that haven't been closed down yet), you've probably concluded that the people here are deeply divided
      AFP  -  1,166 words
    • 576 21 LETTER TO THE EDITOR I REFER to the article "Multiple directorships: 'Let market decide' (BT, May 20), in which the chairman of the Singapore Institute of Directors argued that boards and shareholders should decide the number of directorships a director should hold. The problem
      576 words


  • AVIATION
    • 813 22 Reuters Many business travellers now choose car or train over regional airline [CHICAGO] Commuter airlines which operate just over half of all US domestic flights are under pressure as business travellers weigh safety problems arising from a crash in February. A federal investigation
      – Reuters; AP n 7  -  813 words
    • 211 22 Reuters [SYDNEY] Australia's Qantas Airways has scrapped first class on some routes, as the global economic downturn grounds many travellers and makes others think twice about paying for a little in-flight luxury. The airline said that it had temporarily taken first class
      – Reuters  -  211 words
    • 360 22 Reuters [STOCKHOLM] A decline in the air cargo freight market following the international financial crisis seems to have hit bottom, the head of the International Air Transport Association said on Sunday. Air cargo, a key barometer of world trade, has slumped amid the
      Reuters  -  360 words
    • 2653 22 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), AI: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), BI Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), I
      2,653 words
  • Page 22 Advertisements
    • 134 22 BT/ZUJI Deals of the Week DEALOFTHEWEEK ECONOMY CLASS (frs) HOTEL(frS) BUSINESS CLASS (fr Hong Kong $388 $116 $1,413 Cathay Pacific Cathay Pacific DESTINATION ECONOMY CLASS HOTEL BUSINESS CLASS WEATHER (frs) (frs) (frs) Bangkok $233 (Cathay Pacific) $28 $463 (Cathay Pacific) Rain Beijing $532 (Cathay Pacific) $63 $1,932 (Cathay Pacific) Cloudy
      134 words
  • Page 22 Miscellaneous
    • 211 22 CRYPTIC CROSSWORD ACROSS retail trade (8) VW j 13 More French perhaps? (6) J_^^^^^J^^J__MH_^B >~^ 26 I 23 Modernising university with little money, and going steady (8) 5 cathedral welcomes one 22 Media campaign (5) 24 School master accepts the member of the government 6"1"1635" (8) YESTERDAY'S SOLUTION ures on
      211 words

  • SHIPPING
    • 741 23 -AP France's first Gulf base to boost security; it'll also build Louvre branch in Abu Dhabi [AßU DHABI] French Foreign Minister Bernard Kouchner said yesterday that his nation's first military base in the Gulf is an important step in international cooperation to
      -AP; AFP  -  741 words
    • 558 23 t>ernama [KUCHING] Total cargo throughput at three Sarawak ports Rajang, Kuching and Miri experienced a drop of 23 to 40 per cent in the first quarter of this year. State Second Finance Minister Wong Soon Koh said for the January to March period,
      t>ernama  -  558 words
    • 502 23 Reuters [OSLO] Norwegian bulk shipper Golden Ocean said yesterday its second-quar-ter results would show an improvement from the first after it reported a small-er-than-expected drop in first-quarter operating profit. The company said that although recent freight rate levels had regained some
      Reuters; BLOOMBERG  -  502 words
    • 358 23 Reuters Delivery of new ships expected to affect numbers [SINGAPORE] Singa-pore-listed Rickmers Maritime expects increased distributable income in its second quarter on the back of new vessels, with another three due later this year when it sees a gradual recovery in freight rates. Charter
      Reuters  -  358 words
    • 193 23 Bloomberg [JAKARTA] PT Berlian Laju Tanker, Indonesia's biggest shipping company, plans to raise 591.7 billion rupiah (5583.8 million) selling stock to shareholders. The company will offer one share for every three held, selling 1.39 billion shares at 425 rupiah each, the
      – Bloomberg  -  193 words
    • TRANSPORT STOCKS
      • 107 23 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.51 0.25 1.23 0.48 1.33 0.43
        107 words
      • 34 23 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.80 8.40 8.50 3.24 2.74 unch 0.11 0.05 16) -0.05 1) 0.10 1! -0.02 1371 0.02 unch 0.01 1197:
        34 words
      • 12 23 '00 'recious Ship Regional Cont 16.70 7.60 -0.10 -0.20 4301 203!
        12 words
      • 11 23 '000 Doil iingamas Cont 33.20 0.81 2.65 396' 0.03 4967!
        11 words
      • 17 23 '000 Aboitiz Equity Intl Container Keppel Marine 6.20 15.75 2.00 0.30 0.50 -0.20 218 5676 21
        17 words
      • 22 23 Evergreen Marine ...18.75 :irst Steamship 48.10 /Van Hai Lines 17.80 t'ang Ming Marine...13.20 1.20 -0.10 0.30 0.85 29 7 15 31
        22 words
      • 41 23 '000 (awasaki Hvy Ind ..206.00 (awasaki Kisen 392.00 Mitsubishi Hvy 326.00 Mitsui Eng&Sbldg...227.00 Mitsui Osk Lines 631.00 Mippon Express 385.00 Mippon Yusen 43unch unch 1017! 2.00 7551 1.00 1451) 4.00 5391 10.00 ***** 6.00 317) -3.00 693' iource: Thomson Reuters
        41 words

  • SINGAPORE ARTS FESTIVAL 2009
    • 481 24 Terima Kost is his memoirs in dance form, says AMANDA DE GUZMAN IF it weren't for a technicality, Terima Kost, Indonesian choreographer Jecko Siempo's new work, may not exist. In 1993, at the age of 18, Siempo boarded a boat from Papua an Indonesian province to
      481 words
    • 693 24  -  CHRISTOPHER LIM By "NOBUO Sensei," was the first sound screamed with abandon to greet Japanese composer Nobuo Uematsu when he entered the Esplanade Concert Hall on Saturday night in the Asian premiere of Distant Worlds: Music from FINAL FANTASY. The concert hall has
      693 words
  • Page 24 Advertisements
    • 99 24 <r*"~ Hey, Uuyvyl Register wse. beCove I Jtw\e 20OT 1 t evy<^^iMeenvuA4WHvv\e... j% 1 i H^ivlvi^ put- lv\ so «*\ucIa e-P^ovf iv\ youv cov\cepHov\ jouw\ey ovevcoi*\lv\g fke .Aoubfevs, you wotAl<Av\,'f w<nv\f fo t*\lss t-Uls I<nsf cU«nKce Vo ■^a nP^ veglsVev yoow bv<nlv\cUil<A -Pov c<nsU <*yJ< $o*y- Cov\e cdebv^nfe youv e*ciHv\g
      99 words

  • SINGAPORE STOCKS
    • 8797 25 Transaction date: May 25 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div Gr Yld ('000) High Low Buyer Seller C'vr Net P/E MCap $mil Company 8 3 3148 8Telecom 10 2.5 5834 A-Sonic 30.5 12 5000 ABR Hldgs 15 5.5 1938 AEICorp 8.5 1
      8,797 words
    • 1676 26 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div Gr Yld ('000) High Low Buyer Seller C'vr Net P/E MCap Smil Company 19 5 1181 s AAGrp 32 12 8538 t APStrategic 3.5 0.5 1501 s Advanced System 10.5 2 3480 t Adventus 27.5 8.5
      1,676 words
    • 359 26 Jjii Low Code Comi Sale COOP) _HJ3 Low Bin Seller C'vr P/E $mil 109 100 6389 ABFSG Bond ETF 109 unch 964 427 CIMBAsean40 100US$ US614 232 149 DBS STI ETF 100 228 +2 2510 1682 DBXT FTChina25 10US$ US2510 4414 3228 DBXT FTVietnam 10US$ US4414 +544 1360
      359 words
    • 243 26 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      243 words
    • 9378 26 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.784/ AIGIF Spore Bond Fund/ A 1.236/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.93/ APS Alpha Fund (USD)!** 0.64/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5032/ APS Komaba
      9,378 words
  • Page 25 Advertisements
    • 26 25 /LUDEMARS WGUET I^^^n mM ™E birth of a great date Le maitre de I'horlogerie depuis 1875 I'P^MSP^^" 5! Bt For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com
      26 words


  • FINANCE & COMMODITIES
    • 369 27 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mar 22 World Index Preliminan 686.3 0.2 1.2 -0.4 2.7 0.8 2.7 f EAFE Preliminai 662.7 -0.3 2.1 -0.4 4.4 0.7 4.3 Euro[ Preliminan 922.2
      369 words
    • 122 27 As at 9am May 25 Singapore dollars to one unit if foreign currency: Currencies Bid Offer Uist dollar 1.1190 1.1520 Can dollar 1.2780 1.2930 iuro 2.0110 2.0340 IZ dollar 0.8830 0.9020 iterlini ind 2.2800 2.3070 JS dollar 1.4360 1.4520 .ocal dollars to 100 units if foreign
      122 words
    • 172 27 May 25 *L Offer Bid Overnight 1/16 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 0.03 US$ Offer 1/32 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months I. 12 months $Au 0.30 0 40 0.70 0.80 1.20 1.90 Offer 0.20 0.30 0.50
      172 words
    • 19 27 May 25 ten Hii Sett >TI ilMSCI Ma' 272.8 275.7 273.3 'aiwan May 245.0 250.5 245.1
      19 words
    • 22 27 May 25 SS Bid Offer 1-month 1.4491 1.4496 2-months 1.4491 1.4497 3-months 1.4490 1.4496 6-months 1.4490 1.4497 Source: OCBC
      22 words
    • 59 27 May 25 lelivery flonth Opening Range Sett Av Price Price Hi Vol Open Done Position Low lun 09 2578 lul 09 2544 Hug 09 2516 >ep 09 2507 Total o/p: ***** contracts 2540 2604 2540 2475 2556 2475 8977 2531 2445 2429 2515 2429 Turnover: ***** Market tone:
      59 words
    • 290 27 May 25 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES JunO9 SepO9 DecO9 Mar10 99.3125 99.2700 99.0750 98.9450 7111 5703 4513 4269 EUROYEN TIBOR FUTURES JunO9 SepO9 99.520 99.530 DecO9 Mar10 Jun10 Sep10 Dec10 Mar11 99.520 99.450 99.525 99.535 99.515 99.480 99.400 99.355 99.270 371 200 *****
      290 words
    • 182 27 May 25 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l lots) JunO9 Jul 09 169.5 Aug 09 169.0 SepO9 168.5 Oct 09 NOV09 169.0 169.5 169.0 168.5 168.7 170.0 170.0 169.5 169.5 169.5 169.5 20 20 20 80 841 756
      182 words
    • 90 27 May 25 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hi< Day's |h Low 3-Month BQ*****W 27.08.09 1-Year BY*****W 03.05.10 0.21 0.33 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hio Day's cjh Low 2-Year N*****0E 3.125 5-Year NX*****F 3.625 7-Year N*****0S 2.875 10-Year NY*****A 4.000
      90 words
    • 102 27 May 22 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 09 1166.00 1175.00 1184.75 1164.00 Aug 09 1134.00 1136.50 1149.50 1132.00 Sep 09 1076.25 1071.00 1083.00 1072.00 Nov 09 1031.50 1023.50 1039.50 1021.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 09 38.10 37.98 38.49
      102 words
    • 77 27 CRUDE OIL PRODUCTS May 22 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 59.87 0.69 WTI (Near Mth) 60.98 0.60 Dubai (1-Mth F) 59.33 1.20 Tapis blend 62.55 1.60 Minas 62.35 1.50 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 54.32 S5.55 0.50 0.05 US$/barrel Opec Oil
      77 words
    • 462 27 May 25 AS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound us: lustralia 0.877 5.309 0.557 6.031 36.838 80.061 0.739 9.716 2.718 1.261 62.555 36.662 1.128 6.479 0.845 25.378 26.734 0.491 0.778 Canada 1.140 6.051 0.635 6.874 41.985
      462 words
    • 76 27 May 25 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 6mths 1.***** 9 mths 1.***** 12 mths 1.***** 3 mths 0.***** 0.***** 6 mths 9 mths 12 mths 1.***** 1.***** 1.***** 0.***** 0.***** 0.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs 2.*****
      76 words
    • 157 27 May 25 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.1274 1.1279 0.7780 0.7781 Canadian dollar 1.2845 1.2858 0.8864 0.8871 Euro 2.0232 2.0245 1.3962 1.3967 NZ dollar 0.8937 0.8948 0.6167 0.6173 Sterlini 2.2955 2.2964 1.5841 1.584: US
      157 words
    • 138 27 May 25 (USS /oz) May 22 May 25 Hong Kong London 948.00 949.70 949.00 950.70 May 21 May 22 939.90 956.15 940.90 957.15 Source: Thomson Reuters CAST BAR (SS) May 25 Buying Sellinc Kilobar "47,518.70" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm
      138 words
    • 68 27 May22\ Co iiuiii, yy.i (US$/tonne) Close Previous Cash 1408.50 3 months 1442.00 1415.00 1450.00 Copper, Grade A (US$/tonne) Cash 3 months 4601.50 4610.00 4452.00 4470.00 Lead (US$/tonne) Cash 1432.00 3 months 1439.00 1383.50 1391.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00
      68 words
    • 69 27 May22\ (£/tonne) Close Prev Hii ih/Low JulO9 1611 1597 1618/1577 SepO9 1613 1602 1618/1582 Dec 09 1612 1607 1617/1593 Mar 10 1613 1613 1620/1595 COFFEE (US$/tonne) Close Pev High/Low May 09 1489 1512 1499/1499 JulO9 1516 1539 1548/1512 SepO9 1528 1548 1558/1526 SUGAR (US tonne) White Close Prev High/Low
      69 words
    • 2495 27 BONDS, WARRANTS EXTENDED SETTLEMENT Jel Code Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-PacificStrategicW*****6 3 0.5 5393 >036AdvanceSCTLtdW*****9 0.5 susp 3092 Asia Environment W*****4 0.5 1481 Asia Water Tech W*****0 18.5 5816 #Asiasons Capital W*****7 4.5 unch 10 !756# Asiatic Grp (H)W*****2
      2,495 words

  • Page 28 Advertisements
    • 2479 28 The Business Times Shipping Times I Direct Calling to TWTPE UK CONTINENT SERVICE U.S.A SERVICE tMMfcMi CotllvHAll Destination Destination VIIVI V Uflllll I UlHf STXPOTBN RTM/ANR/TIL STXPO TBN NOL/NFK/SAV/CDN AURORA SAPPHIRE NOL/NFK/SAV/CDN TrQltClf TllllP Plff Qlll fi fIOUG *****1 l Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia ICIIIIOIIi
      2,479 words

  • Page 29 Advertisements
    • 4553 29 WSSM El El HrFT EASTERN CAR LINER, LTD frraMfri'ijicminn ll—-____- SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS J^^J lllllllllUlllllllllllil^^^^M 111 mp(KT) I Liltina(KT) I MUA I SIN I PKL I JKT I BTL I LCB I VOV !TA !TD IstiMn PCL/PHL SERVICE AMX SERVICE I Connecting ECL Svc via
      4,553 words

  • PROPERTY
    • 771 30 Some developers have raised prices as a result DEVELOPERS continued to report encouraging private home sales last week, and some have upped prices on firmer demand. Be lie Rive on Keng Chin Road and Martin Place Residences on Kirn Yam Road are among
      771 words
    • 651 30  -  UMA SHANKARI Private residential prices now expected to rise next year By PROPERTY analysts now expect private home prices to climb again next year a turnaround from previous forecasts that they would continue to slide into 2010 as there is now a sense that the
      651 words
    • 211 31 Bloomberg [DUBAI] Qatar, the world's biggest producer of liquefied natural gas (LNG), has announced a 20 billion riyal (557.9 billion) development project to rejuvenate 35 hectares of the capital's downtown, the project developer said on Sunday. The five-phase Heart of Doha project, scheduled
      Bloomberg  -  211 words
    • 678 31 Bloomberg [KUALA LUMPUR] Malaysian Resources Corp, developer of the nation's biggest transport hub, will build two office projects valued at RMI.B billion (***** million), gauging that property markets will revive as the global recession eases. Malaysia's biggest office supplier expects to sign up a
      – Bloomberg; BLOOMBERG  -  678 words
    • 581 31 Gulf builds hotels worth US$ 140b amid crisis: study Reuters Just 19% of 893 projects surveyed have been cancelled or suspended [DUBAI] Gulf Arab countries have more than US$l4O billion worth of hotel projects under construction, with just 19 per cent being suspended or cancelled as the industry faces a
      Reuters; AFP  -  581 words
  • Page 30 Advertisements
    • 74 30 Raffles Conversations 2008 EDITION 52 interviews by Business Times journalists The diverse experiences j^ of some of the most X^||^ influential thinkers, M corporate chiefs m '^^^BB^m^m\ and social M. activists of ;j/,go* LI Ie age m M jar h^t ■ta^fa^^ Mm X*± /i%- iJH ''t- t \> /yh, i,
      74 words

  • Page 31 Advertisements
    • 69 31 Wmmmmmmmmmmmmmmmmmt^ savills' 167 169 Telok Ayer Street jtfS ILr Freehold. A pair of restored conservation shophouses mjjJfr^g^ 3-storey with mezzanine and attic I Access by internal lift and staircases J^Jgyg Centrally located to Raffles Place Tanjong Pagar ZjlJml Mins walk to upcoming Cross Street MRT jTj Proximity to upcoming MBFC
      69 words
    • 181 31 p» "THE THIS HOUSE IS PRICELESS! We want to sell it to someone who truly deserves this Beautiful Hill top single storey house. Located at Botanic Gardens vicinity. Land 33,2945qft. We trust this is the one and only one in Singapore. We would like to invite 30 buyers to tender
      181 words
    • 1211 31 V^Z^ I^Ti^V^T/nT^r Toll free: 1800-289-8822 w |\l II r^ Email: notices@sPflcom- s Q XA| V^>/ A I V i I i www.cats.com.sg Together Forward (All amounts are shown in thousands of Qatari Riyals) CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT OF INCOME AS AT 31 DECEMBER 2008 FOR THE YEAR ENDED 31
      1,211 words

  • Page 32 Advertisements
    • 338 32 International Plaza, at 10 Anson Road, has graced the Singapore business district skyline for more than 30 years and was the first multi-functional building in the Shenton Way area. Comprising 200 retail, 685 office and 210 residential units, this landmark structure continues to be a beacon of the business landscape
      338 words