The Business Times, 24 August 2007

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Microfilm: NL27785
Total Pages: 96
1 96 The Business Times
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  • Title Section
    Lock icon Masthead
    19 1 THE BUSINESS TIMES Singapore 85 cents online at http://business-times.asial .com.sg a Singapore press holdings publication mica (p) 202/12/2006 Friday,August24,2oo7
    19 words
  • Article
    Lock icon Profits, prospects start to dim as party winds down
    669 1  -  OH BOON PING Businesses in Spore still did well in Q2, but the pace has flagged, BT-UniSIM survey shows By i [SINGAPORE] After a sizzling run that lasted more than a year, business profits and sentiments have weakened slightly in the
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  • Article, Illustration
    Lock icon Ng Teng Fong tops Singapore rich list
    978 1  -  NISHA RAMCHANDANI Elite group gets wealthier; 12 new members break into top 40 By [SINGAPORE] The property boom, while churning out millionaires by the dozen, has also sprinkled its gold-dust on the billionaires driving the market. Riding the wave, property tycoon Ng Teng
    WM Artwork: Jason Leong  -  978 words
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      3 1 8 *****1 *****4
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      41 1 LUXURY BRANDS j COMPANIES MEGA MERGER M Limited editions ,-JiL^ FJ Benjamin to return Isetan to buy rival Mitsukoshi BJ H M|^||^ for Asia fwrS 13 cents per share in USs2.6b deal i^ rage 32 JL^ mLSs RAGE 4 pageis W^4»
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    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 2
      20 1 THE BUSINESS OF TIME Out today a bumper 64-page watch special. Be sure to get it with your BT today.
      20 words
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Asean ministers sign MOU for regional power grid
        69 2 ASEAN ministers have taken a tentative first step towards interconnecting power grids through the region, and have acknowledged that some Asean countries plan to explore the use of nuclear power. An international power grid is a necessary first step to an integrated
        69 words
      • Article
        Lock icon Horizon Towers' condo majority owners sued
        63 2 THE Hotel Properties-led consortium is suing the majority owners of Horizon Towers over the failed $500 million collective sale of the Leonie Hill property. It also seeks to get an order that the vendors of Horizon Towers "do everything in their power to obtain
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      • Article
        Lock icon SembCorp Marine secures USsl9Bm rig order
        47 2 ORDERS continue to pour in for SembCorp Marine, the world's second-largest builder of offshore rigs. With the latest order for a US$l9B million jackup from Offshore Group Corp, SembMarine's order books have hit a record $8.6 billion. COMPANY NEWS, PAGE 4
        47 words
      • Article
        Lock icon FJ Benjamin to return 13 cents per share
        65 2 FASHION and lifestyle group FJ Benjamin's full-year net profit has more than doubled to $21.5 million. Turnover for the year ended June 30 rose 38 per cent to $257.6 million on the back of strong retail sales, particularly from its Guess brand
        65 words
      • Article
        Lock icon DBS role in Thai bank may shrink
        50 2 DUTCH bank ING is set to replace Singapore's DBS Group as the second-largest shareholder in TMB Bank. ING has reportedly agreed to buy a 24.9 per cent stake in TMB, Thailand's sixth-largest commercial bank in terms of asset size. COMPANY NEWS, PAGE 6
        50 words
      • Article
        Lock icon Eu Van Sang Q4 earnings down 35%
        61 2 TRADITIONAL Chinese medicine company Eu Yan Sang yesterday reported a 35 per cent drop in fourth-quarter net profit to $2.3 million as a result of higher operating expenses. This was in spite of a 21 per cent growth in revenue for the three
        61 words
      • Article
        Lock icon ERP to cover three more stretches of expressway
        62 2 ELECTRONIC road pricing (ERP) will be expanded to three stretches of expressway from Nov 1, while current operating hours on the Central Expressway will be extended. In addition, five new gantries will be erected across the island but will remain unactivated unless
        62 words
      • Article
        Lock icon Port Klang free zone to cost RM4.63b
        77 2 THE Malaysian government yesterday said that "on the advice of the Jebel Ali Free Zone Authority (Jafza)", it was decided to develop the Port Klang Free Zone in one go instead of in two phases. This raised the cost to RM1.846 billion (SsBoB
        77 words
      • Article
        Lock icon Chinese starts 'safe' label for food exports
        71 2 China will next month begin marking food exports that pass quality tests with a special label, following recent safety scandals that have hurt the industry's reputation, state media said yesterday. Food exports that have passed inspections will carry the label "CIQ", which stands
        71 words
    • Article
      Lock icon Will market jitters slow down spending in Asia?
      495 2  -  ANNA TEO Major risk comes from prospect of US downturn, says Credit Suisse By [SINGAPORE] Amidst the brouhaha about the economic boom, one puzzle has been why consumer spending in Singapore has not quite kept pace with the buoyant economy. And now,
      495 words
    • Article, Illustration
      Lock icon Local firms outperform foreign companies in Q2: survey
      531 2  -  OH BOON PING Singapore firms also more upbeat over the next six months, BT-UniSIM poll finds By [SINGAPORE] Local companies outperformed their foreign counterparts in sales, profits and orders in the second quarter of 2007 and they are also more upbeat over
      531 words
    • Article
      Lock icon Ministers sign MOU for Asean power grid
      531 3  -  MATTHEW PHAN Move a first step towards market for members to freely trade electricity By [SINGAPORE] Asean ministers have taken a tentative first step towards interconnecting power grids through the region, and have acknowledged that some Asean countries plan to explore the use
      531 words
    • Article, Illustration
      Lock icon Majority owners of Horizon Towers sued
      284 3 HPL consortium goes to court, claiming breach of contract [SINGAPORE] The Hotel Properties-led consortium yesterday filed a suit in the High Court against the majority owners of Horizon Towers for allegedly breaching the option to purchase agreement for the $500 million collective sale of
      FILE PHOTO  -  284 words
    • MARKETS DIGEST
      • Article
        Lock icon MARKETS
        48 3 Thursday Change 1,283.62 +28.23 KLCOMP NIKKEI 225 16,316.32 +415.68 HANG SENG 22,966.97 +620.09 SET INDEX 791.50 +7.07 JAKARTA COMP 2,117.66 +54.67 MANILA COMP 3,229.15 +89.69 SEOUL COMP 1,799.72 +40.22 SHENZHEN B 725.65 +5.23 MUMBAI IND 14,163.98 -84.68 12 noon EDT Change 13,189.96 -46.17 DOW NASDAQ 2,532.68 -20.12
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      • Article
        Lock icon PRIME RATES
        29 3 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.75 INDONESIA 15.604 TAIWAN 5.956 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 8.25 CANADA 6.25 SWITZERLAND 4.38 INDIA 12.75 Source:
        Bloomberg  -  29 words
      • Article
        Lock icon FOREX
        39 3 IS$ (S$ ier US$) 1.523 (USS/SS per 1.995 3.037 ;URQ(US$/S$/E) 1.354 2.062 'EN 115.90 76.10 3.477 2.283 IK$ 7.810 5.129 !AHT 34.43 22.61 IUPIAH 9,380 6,160 IENMINBI 7.585 4.981 INDIAN RUPEE 40.97 26.90 1.227 0.806 IZ$ 1.406 0.923
        39 words
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      95 2 B^55jh3B1 B-■■■■ I■ .v Ja^B L^9 III), Visit our new store I^^lC^J ■■■I^^^B WT **\^^A at Great World City J Ki!T3Tr»l?7CTT?W7lßßfflff ffD I-ZU-ZZ 4jj7^ i^V A AshWOlih. C^f^ CHAMR S=ofar-=. B FOOTjOY ONORMAN ::NIKEGOLF^ OD Se >- 0833T RING Juki*? xjg.^M, UHEmMI. I ri/X¥ TmTl nr An Exclusive Line by
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      326 3 Kb El IjMlll a^pggfe 1 Ha aa«aar«a ■iia'r^ C HU KIiiDQUOODBO BIQD —j i Btdm-"B"S™ L"' -j j j :i.pij;i a; -.--.lr. :>r-:;!;•■' ■■-;.-i"^" y |H^H v '■>- .c 1-: LL s ~-'—-"t-j r"r" "raS^io I"-'- isFFISSrs -1. l^*" M%| > L^^^^lltSß I ■•'■?Jn%\_' Mill 1 iTfMllHTpHD'nlJU*™'"y"'*F^* ".r i 'tsli.1"
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  • COMPANY NEWS
    • Article
      Lock icon SembCorp Marine secures US$198 rig order
      368 4  -  CONRAD RAJ Orders won so far this year hit $4.8b, topping $3.1 b for all of last year By ORDERS continue to pour in for SembCorp Marine, the world's second-largest builder of offshore rigs. With the latest order for a US$l9B million jackup from
      368 words
    • Article, Illustration
      Lock icon FJ Benjamin to return 13 cents per share
      359 4  -  ARTHUR SIM By FASHION and lifestyle group FJ Benjamin's full-year net profit has more than doubled to $21.5 million from the previous full year's $10.2 million. Turnover for the full year to June 30 rose 38 per cent to $257.6 million on
      359 words
    • Article
      Lock icon Details of Perfect Field's deal needed
      634 4  -  CONRAD RAJ AFTER the initial exuberance over Rowsley Ltd's proposed reverse takeover by China's Perfect Field Investment Inc, the prices of its shares have come down to seemingly more sober levels. Rowsley's shares are now trading at about half their high of 44 cents.
      634 words
    • Article
      Lock icon DBS role in Thai bank may shrink
      555 6 Dutch bank ING could replace it as TMB's second largest shareholder By OUR CORRESPONDENT in Bangkok DUTCH bank ING is set to replace Singapore's DBS Group as the second-larg-est shareholder in TMB Bank, Thai media reported yesterday. ING, which has for several years
      555 words
    • Article, Illustration
      Lock icon Eu Van Sang earnings down 35% in Q4
      515 6  -  NANDE KHIN By TRADITIONAL Chinese medicine company Eu Van Sang yesterday reported a 35 per cent drop in its fourth-quarter net profit to $2.3 million as a result of higher operating expenses. This was in spite of a 21 per cent growth
      FILE PHOTO  -  515 words
    • Article
      Lock icon Sim Lian net profit jumps 72%
      218 6  -  KALPANA RASHIWALA By PROPERTY and construction group Sim Lian yesterday posted a 71.6 per cent year-on-year jump in net profit for the year ended June 30, 2007, to $33.2 million, and plans to launch four projects in the current financial year. These are at
      218 words
    • Article
      Lock icon Cap Land finalising buy of Eureka Office Fund stake
      187 6  -  KALPANA RASHIWALA Byl CAPITALAND said yesterday it is finalising the purchase of its partner's 50 per cent stake in Eureka Office Fund, which owns One George Street and 163 strata-titled units in The Adelphi. Capita Land and Eureka GmbH, part of
      187 words
    • Article
      Lock icon Capita Land buys Shanghai site
      252 6 CAPITALAND has stepped up its presence in Shanghai by securing a commercial site in the Zhabei District for 598.1 million yuan (Ssl 19.6 million). The purchase was made in a government land auction through an indirect subsidiary, Yorksure Pte Ltd. The 20,310 sq m site,
      252 words
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      Lock icon Page 4 Advertisements Column 1
      441 4 b^bl Expect great surprises at Visit our new 25,000 sq.ft. flagship ||RrN#l 1 C showroom at 601 Sims fc%»# ■m^ I^«%^ "SrfSf 24th Anniversary Superstore) today! a?" I I Sale! K|Wn^^*^'^iW^<4^Y ~-^w^**/ 1 4 Enjoy our EfJHWI $24* ■^V^g^AnWM Special Offers! EJI *Terms and conditions apply. EDEE Tea cup saucer
      441 words
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      1 4 I
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      523 5 (Singapore Registration No. *****1285G) We are proud to be awarded the ISO 9001:2000, ISO/TS *****:2003, API SPEC Q1: 7th Edition and API 2C Monogram License by APIQR (American Petroleum Institute Quality Registrar) I /bssss. II I -L> Institute Certificate of Registration Certificate of Registration Certificate of Registration AP,Q« HEGISTSA7ION NUMBER
      523 words
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  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      201 6 MEETING TEAM BUILDING THEMED EVENT INCENTIVE \r ppt mm mm? Ammt ppppw W W -9 Wf WMAmmmmmW 1 W^^ L* Am. V WHERE THERE IS NO DIFFERENCE... THERE IS ONLY INDIFFERENCE. With refreshing new surroundings born from creativity, to enhance creativity, Sutera Harbour Resort offers ideal sites to promote team
      201 words
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      Lock icon Page 6 Advertisements Column 2
      59 6 Let us put your ads on a search engine NOW! Re!u l, s i-iu of about a#nm baimims. P*6 secondS) Sponsored links i^hMdMKZMW rnrwtfino IT To YOU ihusljojmsybeiwnnßrt... I HM..I. an, a. m i, u^. I !g™*"*"""'"*"*""""^•■"■'""■-■[CT.M.i S KSS-.IN- Increase Your Sales Today fc" Get Advertised Online. Pay Only When
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      15 6 Your Last Chance loCatch Ittstin nmberlake fcOOOD® *****11 mlOSßßfleles. justintiin !i si iijJHIK!S!!I?!DP Ptiuscounesyoi a2J^s2as
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      49 7 TOURBILLON ORBITAL ONE MINUTE FLYING TOURBILLON 60 MINUTE ORBIT CALIBER ***** BY CHRISTOPHE CLARET MOON PHASES AND WINDER ON THE CASEBACK EXCLUSIVE "FUEL GAUGE" POWER-RESERVE INDICATOR HAND-CRAFTED IN SWITZERLAND NO TWO WATCHES ALIKE PATENTED WORLD PREMIERE 111 \<^ \a Vl v Sfilc^v^S^'li' I' li 1^ H JEAN DUNAND PIECES UNIQUES
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Broader market picks up strength
      531 8  -  CONRAD TAN STOCKS ST Index closes only 1.5 per cent higher, after rising as much as 3.6 per cent in the morning STOCKS here rose for the second day in a row yesterday, with the broader market gathering strength following Wednesday's strong blue-chip gains. The
      531 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      97 8 Up Down Unch Up Down Unch Up Down Unch Multi Ind 14 3 2 0 0 0 14 3 2 Manufacturing 139 23 52 20 11 16 159 34 68 Commerce 52 10 16 61 15 22 "pt/Stor/Comms 27 28 10 Finance 24 24 Construction 17 11
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      118 8 MAIN SPQ TOTAL MAIN SDQ TOTAL Multi Ind 43.440 43.440 165.982 165.982 Manufacturing 473.469 145.306 618.775 488.427 31.223 519.650 Commerce 214.604 9.676 224.280 164.358 3.103 167.461 Tpt/Stor/Comms 168,758 7.124 175.882 493.188 6.655 499.843 Finance 69.893 69.893 791.032 791.032 Construction 160.921 36.861 197.782 67.564 15.524 83.088 Properties 162.904
      118 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      216 8 Jlgreen 0.52 1.710 +0.110 \scendasreit 0.91 2.470 +0.010 lapitaComm 0.53 2.560 +0.120 la pita Land 4.79 7.250 +0.250 :apitaMall 0.94 3.500 +0.080 :hart SemiCond 0.60 1.100 -0.050 jtyDev 2.90 14.900 +0.400 lomfortDelGro 1.46 2.050 losco Corp 1.66 4.940 +0.160 Creative Tech 0.15 5.900 IBS Grp 9.37
      216 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      929 8  -  CONRAD TAN Capita Commercial Trust Aug 23 close: 552.56 ÜBS Investment Research, Aug 22 33 per cent upside purely through organic growth: Focus on Singapore Reits (S-Reits) with organic growth, no need for new debt or equity. With the current volatility in equity markets, we focus on S-Reits
      929 words
    • Article, Illustration
      Lock icon Another good day for Asian units
      490 8  -  LARRY WEE CURRENCIES ANOTHER strong overnight lead from US markets set the mood for a second consecutive day of 2-to-3 per cent gains in Asian stock markets yesterday, which helped in turn to improve the tone for their underlying Asian currencies, and also en
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 (gn
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    • Article, Illustration
      Lock icon UOB SESDAQ INDEX
      3 8
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      48 8 Aug23 VALUE CLOSE -902.00 -77.0 BT OB/OS BT CADI -*****.00 +355.0 BT 10-day MA -*****.00 -90.00 All-SG Equities 919.94 +20.64 SG Equities Elect 120.34 1.82 SG Equities Fin 2371.88 +26.98 SG Equities Prop 1432.65 +46.57 SIMSCI 416.28 +7.12 SIMSCI Futures 417.50 +7.90 PrimePartnersCI 236.77 +9.90
      48 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      60 8 VOLUME Genlntß 324,055,000 Gen Intl 87,329,000 PLife REIT 64,178,000 Thai Beverage 54,170,000 Sing Tel 52,879,000 Yongnam 44,418,000 *Star Cruises 42,265,000 Yangzijiang 37,405,000 China Hongxing 30,562,000 CSC Hldgs 30,137,000 VALUE(S) DBS Grp 294,497,329 UOB 194,639,600 Sing Tel 188,986,200 Capita Land 153,494,250 OCBC Bk 148,201,738 SGX 134,227,450 Cosco Corp
      60 words
    • Article
      Lock icon RISES
      105 8 CLOSE UP China H 10US$ 1680 91.3 3.7 GLD 10US$ 6560 76.1 0.8 SGX 965 55.0 6.0 ioscoCo iDBeCW/*****0 96 53.0 123.3 ire Land 970 50.0 5.4 SC Global W*****0 388 48.0 14.1 Korea 10US$ 525 47.2 6.3 NOL 494 46.0 10.3 At 1490 40.0 2.8 3 Enerc 336
      105 words
    • Article
      Lock icon FALLS
      122 8 BY CENTS CLOSE DOWN DBS Bk6% NCPS 10 ***** -30.0 -0.3 STI3500SGAePW*****0 88 -24.0 -21.4 STI 3500SGAePW*****7 72.5 -19.0 -20.8 STI 3600SGAePW*****7 97 -15.0 -13.4 STI 3400SGAePW*****7 54 -12.0 -18.2 STI 3400SGAePW*****0 74 -11.0 -12.9 Great Eastern 1810 -10.0 -0.5 law Par Con 790 -10.0 -1.3 imei lav 3100
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    • Article
      Lock icon CURRENCIES Where S$ stands
      84 8 Aug 23 CHNG CLOSE FRAug22 YR 2007 S$ LOW S$ HIGH USS 1.5225 0.31 1.5479 1.5033 Euro 2.0622 -0.11 2.0996 1.9913 Pounds 3.0432 -0.41 3.1194 2.9323 AS 1.2436 -1.32 1.3411 1.1741 Yen* 1.3099 1.44 1.3821 1.2285 Rupiah* 0.***** 0.31 0.***** 0.***** Baht* 4.4220 0.25 4.5700 4.1730
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  • COMPANY NEWS
    • Article
      Lock icon C&O Pharmaceutical Q4 profit falls 11.8%
      454 9  -  OH BOON PING Full-year earnings down 34.3% to HKs77.6m despite doubling of turnover By C&O Pharmaceutical Technology has posted an 11.8 per cent year-on-year drop in fourth-quarter net profit to HK540.82 million (557.96 million), mainly due to a significant run-up in distribution costs. This
      454 words
    • Article, Illustration
      Lock icon Cosco announces contracts worth US$708.1m
      192 9 COSCO Corporation (Singapore), a major shiprepair and marine engineering and shipping group, said yesterday that its 51 per cent owned Cosco Shipyard Group (CSG) has secured shipbuilding and conversion contracts totalling US$7OB.l million from several international customers. The contracts cover 16 bulk carriers newbuildings; four
      192 words
    • COMPANY BRIEFS
      • Article
        Lock icon Ellipsiz to invest in silicon reclaim facility
        71 9 ELLIPSIZ Ltd, a probe card company and semiconductor services provider, said yesterday it plans to invest in a 300 mm diameter silicon reclaim facility in Singapore. The facility is expected to have monthly capacity of up to 50,000 pieces of 300 mm test
        71 words
      • Article
        Lock icon Lion Asiapac full-year earnings treble
        100 9 LION Asiapac's net profit for the year ended June 30 has trebled to $21.7 million from the previous full year's $7.2 million. This was due mainly to the group recording a $10.7 million gain from divesting associated companies in the motorcycle division. Revenue was up
        100 words
      • Article
        Lock icon Portek sees 85% drop in full-year profit
        75 9 PORTEK International said it expects net profit for the year ended June 30, 2007 to be about 85 per cent below that of the preceding year. The decline is due chiefly to costs incurred in corporate restructuring measures to consolidate and streamline business
        75 words
  • Page 9 Advertisements
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      101 9 All it takes is CPA Singapore. As the benchmark of the accounting profession, the CPA Singapore designation is a testament to ability like no other, promising better recognition and career opportunities. And for businesses r^K^Sfear *< looking to stay ahead, having a CPA Singapore professional on your team gives you
      101 words
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      61 9 -m- DAVIDOFF MATS I s I www.cathaypacific.com i Marco Polo fa I Cathay Pacific 1 X-)—f r X-) ft I k 4^ 4^ J,' y' A JF Pronunciation: r'h'opoki y y^ J function: noun 2: n'ji us ifv/mi) purmuJu/ isi'Lßimon 3: wurih far sno/B ihiin snunay M MarcoPolo B HimV
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon ERP to cover three more stretches of expressway
      606 10  -  SAMUEL EE Operating hours on CTE to go up; five new gantries to be erected islandwide By ELECTRONIC road pricing (ERP) will be expanded to three stretches of expressway from Nov 1, while current operating hours on the Central Expressway (CTE) will
      FILE PHOTO  -  606 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Yaacob Ibrahim to visit Malaysia
        82 10 MINISTER for the Environment and Water Resources Yaacob Ibrahim leads a delegation to Putrajaya, Malaysia, for the 21st SingaporeMalaysia Annual Exchange of Visits (AEV) today and tomorrow. Dr Yaacob will meet his counterpart, Azmi Khalid, Malaysia's Minister of Natural Resources and Environment, to discuss bilateral
        82 words
      • Article
        Lock icon Codexis appoints new director of S'pore ops
        69 10 BIOTECH firm Codexis Inc has appointed Thomas Daussmann as vice-president and managing director of its Singapore operations. Dr Daussmann will head Codexis Laboratories Singapore Pte Ltd, the company's first facility in Asia. Codexis is on track to open its Singapore lab at the
        69 words
      • Article
        Lock icon New science website by the British Council
        71 10 THE British Council yesterday announced the launch of Talking Science (www. britishcouncil. org/ta Ikingsdence), a website providing information and links to the latest ideas in science communication in the UK. The site offers articles about how science is reported in the UK media,
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      • Article
        Lock icon Suntec jewellery show to draw 15,000
        53 10 THE Singapore International Jewellery Show 2007 opened yesterday with exhibitors from 27 countries, including a special delegation from Italy, and its partner country, Sri Lanka. Held at the Suntec International Convention and Exhibition Centre, the show is expected to draw some 15,000 visitors. It
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    • Article
      Lock icon July manufacturing boosted by drugs output
      408 10 Reuters SINGAPORE'S manufacturing output probably rose in July as higher output of drugs provided a shot in the arm to a manufacturing industry burdened by weakness in the key electronics sector, a Reuters poll showed yesterday. The median forecast of five economists was for
      Reuters  -  408 words
    • Article, Illustration
      Lock icon July CPI rises at fastest pace in a decade
      549 10 SINGAPORE'S consumer prices rose in July at the fastest pace in more than a decade after an increase in the Goods and Services Tax (GST), suggesting the central bank will maintain a policy of a strengthening currency to curb inflation. The
      FILE PHOTC  -  549 words
    • Article
      Lock icon Record $72 psf ppr bid for a 30-year leasehold industrial site
      463 10 By KALPANA RASHIWALA AN URBAN Redevelopment Authority tender at Kaki Bukit Road 3 yesterday drew seven bids, with a top offer of $72 per square foot (psf) of potential gross floor area the highest-ever unit land price for a
      463 words
  • Page 10 Advertisements
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      284 10 NOTICE OF INTENDED DIVIDEND Name of company Timothy Seow Group Architects Pte Ltd (In Creditors' Voluntary Liquidation) (Company Registration No: *****0517G) Address of registered office c/o Liquidators' office Last day for receiving proofs 7 September 2007 Name of Liquidators Chen Yeow Sin and Arumugam Ravinthran Address of Liquidators c/o ELTICI
      284 words
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  • ECONOMY WATCH
    • Article
      Lock icon Fed seen staving off a rate cut until its Sept 18 meeting
      616 11 Meanwhile, it is gathering anecdotes from district banks, say Fed watchers [WASHINGTON] Federal Reserve policy makers' uncertainty over the credit crunch's toll on US growth is making them increasingly unlikely to cut interest rates before their Sept 18
      616 words
    • Article, Illustration
      Lock icon BOJ defers rate hike in wake of market turmoil
      658 11  -  ANTHONY ROWLEY Fukui's comment seen as signalling hike next month 3y n Tokyo THE Bank of Japan held off raising interest rates yesterday in the wake of the turmoil that swept through global financial markets last week. But BOJ governor Toshihiko
      BLOOMBERG  -  658 words
    • Article
      Lock icon Four major US banks borrow from the Fed
      635 11 ■NYT [NEW YORK] The four biggest banks in the US announced on Wednesday that they had each borrowed US$5OO million from the Federal Reserve, taking an unusual step to ease the credit squeeze that has been rattling the financial system for weeks.
      ■NYT  -  635 words
  • Page 11 Advertisements
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      281 11 LianheZaobao If you are facing any of the following: You need to keep your payroll absolutely confidential. Wr"^t B"2^*^ 2^ 1 /J^^^^^^al |r*.^J Your payroll staff are bogged down, and are bored with the routine of rushing '^9 l^^d^MH HJE'I B^Tl^^^ 1 payroll every month, and there is limited room
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Port Klang free zone to cost RM4.63b
      496 12  -  S JAYASANKARAN Govt has agreed to give Port Klang Authority a soft loan for that amount 3y n Kuala Lumpur MALAYSIA'S transport ministry broke its silence yesterday on how much it cost to set up a free zone at Port Klang. It said
      BLOOMBERG  -  496 words
    • Article, Illustration
      Lock icon EPF, PNB raise Maybank stakes
      241 12 [KUALA LUMPUR] Malaysia's biggest pension fund and a state-owned asset manager bought a combined 13.6 million shares in Malayan Banking Bhd, lifting their stakes in the country's biggest lender. The Employees Provident Fund (EPF) bought 10.5 million shares in the lender, commonly known as Maybank,
      FILE PHOTO  -  241 words
    • Article
      Lock icon Korea's Hana to buy 61 % stake in Indon bank
      373 12 Korea's Hana to buy 61 stake in Indon bank Bloomberg World Bank arm to take 19% stake in Bank Bintang [JAKARTA] Hana Financial Group Inc, South Korea's fourth-biggest financial firm, will buy control of an Indonesian bank to expand in Asia's third-most-popu-lous nation. The World Bank's private investment arm will
      Bloomberg  -  373 words
    • Article
      Lock icon BURSA MALAYSIA
      2396 12 lug 23 RM COOO) \&M Realty 3.43 \bricBhd 0.30 \dvance Synergy 0.34 \dventaBhd 1.49 \eMulti Hldgs 0.28 \ffin Holdings 2.56 \hmad Zaki Resou 4.14 Me Corp 0.54 Mrasia Bhd 1.86 \kn Messaging Te 0.21 \kn Technology 0.76 Muminium Co 1.27 Amalgamated Ind 0.54 \minvestment Grp 3.58 \mmb Hldgs
      2,396 words
    • Article
      Lock icon KL yet to pick group to lead RM1.3b project
      136 12 J. Bloomberg [KUALA LUMPUR] Malaysia's government hasn't decided which company will lead a group to take over a RMI.3 billion (Sss6B million) road project in Penang, Second Finance Minister Nor Mohamed Yakcop said. "There's no final decision on who will lead"
      J. ■ Bloomberg  -  136 words
    • Article, Illustration
      Lock icon Suit against Suharto may be settled out of court
      236 12 x Reuters [JAKARTA] An out-of-court settlement is under consideration in a US$l.5 billion lawsuit filed by Indonesian state prosecutors against former president Suharto, both sides said yesterday. The suit is part of efforts to recover state funds allegedly misused by Mr
      — x — – Reuters; AFP  -  236 words
    • Article
      Lock icon Bank Negara posts 22% rise in H1 net to 1.02t rupiah
      169 12 Reuters [JAKARTA] Indonesia's third-largest lender, PT Bank Negara Indonesia Tbk (BNI), reported yesterday a 21.6 per cent rise in its first-half net profit, driven by strong growth in lending and lower non-perform-ing loans. The bank's outstanding loans grew 29.3
      Reuters  -  169 words
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  • INDIA
    • Article, Illustration
      Lock icon Holcim wants control of Ambuja
      398 13 Swiss cement maker to offer USsl.34b for higher stake in Mumbai company [ZURICH] Holcim Ltd, the world's second-biggest cement maker, yesterday said it will offer US$l.34 billion to take control of Ambuja Cements Ltd, as the fastest economic growth in two decades in India stokes
      BLOOMBERG  -  398 words
    • Article
      Lock icon Thailand to import heart drug from India
      253 13  -  Xinhua [BANGKOK] Thailand's Government Pharmaceutical Organization (GPO) has decided to import a generic and cheaper version of the key heart disease drug Clopidogrel from India, Thai News Agency reported yesterday. GPO chairman Wichai Chokevivatana said on Wednesday that the imported blood-thin-ning drug Clopidogrel
      253 words
    • Article
      Lock icon Bollywood movie to be filmed in China
      201 13 -AP [HONG KONG] Bollywood is coming to China. Hollywood studio Warner Bros said yesterday it is backing the Hindi-language movie Made in China, the first Indian film to be shot on location in China. Made in China features Akshay Kumar as Sidhu, a
      -AP  -  201 words
    • Article
      Lock icon Novartis to divert investment from India
      191 13 Reuters [ZURICH] Novartis will probably move large investments in India elsewhere after an Indian court backed a law viewed as weakening patent protections, chief executive Daniel Vasella was quoted as saying on Wednesday. "This is not an invitation to invest in Indian research and
      – Reuters  -  191 words
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      331 13 Choose one item from our selections of local favourites and get one choice .^^^^ff of coffee/tea/soft-drinks PRRBH k Diners Club Card r oapP aC a//64i6 0980 \^M M^^^Q^^^9 L^^fl \S2A HS .A W&r/J of Exclusive Privileges Treats fVfc^fc Dim Cfoft 11 www.diners.com.sg K^L& International- LIMITED EDITION TREAT The limited edition
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      26 13 From Central Chile's Colchagua Valley comes the best Chilean wines. Luis Felipe Pupilla Cabernet Sauvignon. Luis Felipe Pupilla Sauvignon Blanc. $46 ++per bottle, daily. g^jsgß BE
      26 words
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  • GREATER CHINA
    • Article
      Lock icon Call to overhaul selection method of directors in HK
      524 14  -  JANE MOIR Some directors sitting on 10 or more boards at a time: activist 3y n Hong Kong HONG KONG'S leading corporate governance activist has called for a rethink of how independent non-exec-utive directors are elected as it emerged that many
      524 words
    • Article
      Lock icon Chinese starts 'safe' label for food exports
      247 14 [BEIJING] China will next month begin marking food exports that pass quality tests with a special label, following recent safety scandals that have hurt the industry's reputation, state media said yesterday. Food exports that have passed inspections will carry the label "CIQ", which
      247 words
    • Article
      Lock icon PetroChina posts H1 gain
      224 14 Bloomberg Surprise increase in profit on surging energy demand [HONG KONG] PetroChina Co, Asia's biggest oil company by market value, posted a surprise gain in first-half profit because of surging energy demand in the world's fastest-growing major economy. Net income rose 1.4 per cent to a
      Bloomberg  -  224 words
    • Article, Illustration
      Lock icon HAVE YOUR CAKE AND KEEP IT
      62 14 [BEIJING] China has issued this week the flower-shaped gold &jade and gold silver commemorative medals, under the authorisation of the Organizing Committee of the Beijing 2008 Olympic Games. The issuance of the medals, also known as 'Olympic Moon Cakes', were limited to 3,400 pieces
      XINHUA  -  62 words
    • Article
      Lock icon ICBC H1 profit surges 61% on loans growth
      385 14 Bloomberg Net income jumps to 41b yuan, beating analysts' estimates [BEIJING] Industrials Commercial Bank of China Ltd (ICBC), the world's biggest by market value, said first-half profit jumped 61 per cent as it extended more loans to fuel a Chinese economy growing
      Bloomberg  -  385 words
    • Article
      Lock icon Citic Sec launches US$3.3b share sale
      581 14 Reuters [SHANGHAI] Citic Securities China's biggest listed brokerage, yesterday launched a US$3.3 billion share offer to fund its expansion in the country's booming capital markets. Analysts said the offer, China's third-biggest domestic share sale this year, would be snapped up by Chinese investors who
      – Reuters  -  581 words
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      27 14 You don't have to take a plunge for this The Business Times Organised by: Managed by: .^-FRASERS a-3| A msmber of the U fraser and heave group
      27 words
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      39 14 TO Wif WATCH SPECIAL <dH TJ rl W THE WATCH I KLTiM >^TO BUY I REAL LIFE SHOPPING I I k I W&ti' Hi m I gRNICE F I I **S I 1-fKIL: IJKJ^ I flUßflXfiMiH /J TS?A£.LJ A
      39 words
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Isetan to buy Mitsukoshi in USs2.6b deal
      278 15 [TOKYO] Japanese department store Isetan Co Ltd yesterday said it would take over its 334-year-old rival Mitsukoshi Ltd for US$2.6 billion in a stock swap, creating the country's largest department store group. The merger is the latest move to consolidate Japan's US$6B billion
      REUTERS  -  278 words
    • Article
      Lock icon Stanchart tipped to buy S Korean firm
      367 15 Reuters It'll beat Kookmin Bank to land securities outfit Hannuri in USs26om deal: report [SEOUL] Standard Chartered is highly likely to beat local lender Kookmin Bank in buying a small South Korean securities firm, a newspaper said yesterday, in a deal that could
      Reuters  -  367 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7709 15 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 1.049/ Star Europe Bond 1.185/ Star Europe Bal 1.226/ Star Asian Tiger Eqty 1.529/ Star Asia Bond 1.289/ Star Asia Balanced 1.104/ Star Global Technology Fund!** 0.234/ MultiStFd 1.003/ Star Asia Bond(USD) 0.842/ Gib Multi St USD 1.19/ Asia
      7,709 words
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      92 15 Allianz Global Investors one of the world's largest asset managers with more Allianz (jjj) than US$l.2 trillion assets under management as at 31 December 2006. G,obal lnvestors company regn. no *****7169Z ?|J SEARCH WORLDWIDE /^mM ||j|s To avoid having all your eggs in the wrong basket at the wrong time,
      92 words
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  • WORLD
    • Article
      Lock icon Huge unwinding looms as risky investment vehicles collapse
      559 16 Reuters More than USsl2Ob could be dumped by commercial paper issuers [NEW YORK] Wall Street should keep its eye on a lit-tle-known coterie of investment companies run by European banks called "structured investment vehicles", or SIVs, which are having a tough time
      Reuters  -  559 words
    • Article
      Lock icon US loan delinquencies rise 36% in Q2, highest in 17 years
      482 16 Reuters Charge-offs also jump sharply to highest level since end-2005 [WASHINGTON] The Federal Deposit Insurance Corporation (FDIC) said on Wednesday delinquent loans at US banks jumped 36 per cent to U5566.9 billion in the second quarter, the biggest quarterly
      Reuters  -  482 words
    • Article
      Lock icon Countrywide perks up after BoA injects US$2b
      515 16 Reuters Move eases fears the mortgage lender will go bankrupt [NEW YORK] Countrywide Financial Corp led shares of many financial companies higher yesterday after a US$2 billion infusion from Bank of America Corp eased fears the largest US mortgage lender could go bankrupt,
      Reuters  -  515 words
    • Article, Illustration
      Lock icon Accredited, HSBC, Lehman to cut jobs
      466 16 Reuters [NEW YORK] Fallout from the US mortgage and credit crisis spread on Wednesday as Accredited Home Lenders Holding Co, HSBC Holdings pic and Lehman Brothers Holdings Inc announced job cuts and concern mounted about the longer-term impact on the economy. Mortgage lenders announced
      Reuters; REUTERS  -  466 words
    • Article
      Lock icon Far from over the hill when it comes to sex
      578 16 -AP [MILWAUKEE, Wisconsin] An unprecedented study of sex and seniors in the US finds that many older people are surprisingly frisky willing to do, and talk about, intimate acts that would make their grandchildren blush. That may be too much
      -AP  -  578 words
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      149 16 To toll free 1800-28?8822 Email fecruit@sph.com.sg EXECUTIVE I TRADE FINANCE An Oil Trading Company is seeking a high calibre and dedicated professional to join its busy and expanding trade finance operations. Diploma Degree in Banking Finance Business or it equivalent Minimum 2-3 years of relevant working experience in bank's energy
      149 words
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  • AVIATION
    • Article
      Lock icon BA faces US$300m anti-trust fine in US
      332 17 British carrier to plead guilty to two counts of conspiracy over fuel surcharges [WASHINGTON] The US Justice Department is giving Britain's largest airline a break, even as it faces one of the largest anti-trust fines in years. Representatives of British Airways pic (BA)
      332 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2311 17 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
      2,311 words
    • Article, Illustration
      Lock icon Will Naha blast throw China Airlines off course?
      829 17 AP [TAIPEI] Just when Taiwan's China Airlines seemed to be leaving behind a troubled past, it has encountered potentially damaging turbulence. The series of explosions that destroyed one of the company's Boeing 737s on Monday were grimly reminiscent of the period from
      AP; AFP  -  829 words
    • Article
      Lock icon China Airlines offers passengers compensation after jet inferno
      203 17 ■AFP [TAIPEI] Taiwan's China Airlines said yesterday it would offer compensation of up to NT$BO,OOO (553,709) to passengers who were aboard a jet that burst into flames after landing in Japan this week. "We will offer compensation of 80,000 dollars each to
      ■AFP  -  203 words
    • Article
      Lock icon CIS set to buy planes worth US$70b over 20 yrs
      222 17 [MOSCOW] Boeing Co believes airlines in Russia and the 11 other former Soviet republics in the Commonwealth of Independent States may buy more than 1,000 new passenger planes worth US$7O billion over the next 20 years, the US company said
      222 words
    • Article
      Lock icon Planes in near-collision were closer than first thought
      371 17 [LOS ANGELES] A near-col-lision between two planes on a runway at Los Angeles International Airport (LAX) last week was closer than originally estimated: The two airliners were only 37 feet apart, aviation officials reported on Wednesday. A West Jet Boeing 737 that
      371 words
    • Article
      Lock icon Auckland Airport profit down 10.9%
      291 17 Reuters [WELLINGTON] New Zealand's Auckland International Airport Ltd, subject of a US$l.B billion bid for control by a Dubai company, yesterday reported a 10.9 per cent fall in full-year net profit due to higher staff payouts. The airport, New Zealand's main international gateway, said that
      ■ Reuters  -  291 words
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  • Page 18 Advertisements
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      4713 18 I I I IN THE MATTER OF I Tuc E*i^™° F. l IN THE MATTER OF COMPANIES COiEEiia^ (Spaa THECOMPANIESACT,(CHAFrERSO) THE COMPANIES Aa, CAP. 50 ACT, CAP. 50 COMPANIES ACT (CAP. 50) mm mw PURSUANT TO SECTION 290(l)(b) u ™,u.L« Section 290 (2)(b) IN THE MATTER OF ■^5 m «^WB«
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  • SHIPPING
    • Article, Illustration
      Lock icon Hutchison Port H1 earnings rise 10%
      605 19 Bloomberg Container volume up 14% to 31.5 m boxes, led by growth at Yantian and Jakarta [HONG KONG] Hutchison Whampoa Ltd, parent of the world's largest container terminal operator, said first-half profit at its ports unit climbed 10 per cent as growing global trade
      Bloomberg; AFP  -  605 words
    • Article, Illustration
      Lock icon Freighter owner IMC pleads guilty in Alaska grounding
      451 19 [ANCHORAGE] The owner of the freighter that spilled tons of soya beans and 1.3 million litres of fuel off an Aleutian Island nearly three years ago pleaded guilty to three misdemeanour federal counts. IMC Shipping Co Pte Ltd of Singapore, owner of
      AFP  -  451 words
    • Article
      Lock icon Subrogation rights do not trounce arbitration clause
      723 19  -  SELVA KUMAR ADMIRALTY CASEBOOK By ACOURT in England has warned a Chinese insurance company against defying an anti-suit injunction restraining proceedings in a Chinese court, ruling that the order, if disobeyed, could give rise to potential consequences for contempt of court. The caution
      723 words
    • Article
      Lock icon Cosco Pacific H1 net profit rises 8.9%
      510 19 Bloomberg [HONG KONG] Cosco Pacific Ltd, Asia's third-largest container terminal operator, yesterday said that first-half profit rose 8.9 per cent, helped by China's surging exports of toys, clothes and other goods. Net income increased to U*****.5 million, or 6.6 US cents a share,
      Bloomberg  -  510 words
    • Article
      Lock icon Sydney-bound Indon navy ship runs aground on Queensland beach
      291 19 Reuters [SYDNEY] An Indonesian naval training ship, with 18 sailors onboard, ran aground on an Australian beach yesterday after being battered by a severe storm with 100 kmh winds, police said. The three-masted KRI Arung Samudera, which was headed for Sydney
      – Reuters  -  291 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        103 19 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp Labroy Marine MTQ Corp NOL Pacific Shipping Pan-United Corp Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.79 0.36 4.94 0.82 5.25 0.86 0.10
        103 words
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        Lock icon KLSE
        37 19 '000 nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 1.47 9.45 9.80 3.86 2.95 0.28 2.07 0.04 0.15 0.60 -0.06 0.05 0.03 0.02 441 385 1006 3176 3 71 6
        37 words
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        Lock icon BANGKOK
        12 19 '00 ■recious Ship Jegional Cont 32.00 29.00 2.00 -0.25 6391 1301
        12 words
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        Lock icon HONGKONG
        11 19 '000 JOil iingamas Cont 84.85 4.55 5.45 0.05 162! 400;
        11 words
      • Article
        Lock icon PHILIPPINES
        21 19 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.60 31.50 1.66 unch 0.40 1169; 1.00 113( unch 31! unch
        21 words
      • Article
        Lock icon TAIPEI
        21 19 Evergreen Marine ....20.50 :irst Steamship 80.70 /Van Hai Lines 22.70 fang Ming Marine ..21.30 0.70 5.20 0.65 0.85 1 1
        21 words
      • Article
        Lock icon TOKYO
        42 19 '000 'en Kawasaki Hvy Ind ..452.00 11.00 ***** Kawasaki Kisen ...1451.00 45.00 6903 Mitsubishi Hvy 696.00 24.00 ***** Mitsui Eng&Sbldg ..587.00 31.00 ***** Mitsui Osk Lines ...1602.00 66.00 ***** Nippon Express 593.00 11.00 2228 Nippon Yusen 1096.00 46.00 6095 Source: Reuters
        42 words
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      57 19 Kil Reputed Shipping and Chartering company urgently wM requires an experienced and qualified Rflf CHARTERING cum 1 MM OPERATIONS Wm MANAGER Having global exposure in Dry Cargo Chartering. Attractive terms and conditions. E9 Email: shammsO6@gmail.com fJ Please apply to: w!m The Advertiser Ejl ST Box No. N***** %-M 1000 Toa
      57 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Why Asia was spared in this credit crisis
      503 20 EDITORIAL WHILE it was the steep slide in global equities which hogged headlines over the past week, Asia appears to have been more insulated from something else afflicting Western money markets. True, stocks in this region did suffer their share of the
      503 words
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      Lock icon Embracing the winds of change
      1053 20  -  JOSEPH BALADI Firms must keep innovating to stay relevant to customers' changing needs By FOR companies wanting to innovate, recognising change is the first step. "We live in interesting times". How often have these words been uttered? How often have each one of us heard
      REUTERS  -  1,053 words
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      Lock icon Beijing rule on living Buddhas all about control
      781 20  -  FRANK CHING THE BOTTOM LINE CHINA announced last month new regulations governing Tibetan Buddhism, including a stipulation that senior monks, known as "living Buddhas", cannot be reincarnated without government permission. "The reincarnation of living Buddhas must undergo application and approval procedures," the
      781 words
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      Lock icon Time to take off the training wheels
      1053 21  -  PETER THIEL Financial liberalisation in China is underway but the hesitant steps towards liberalisation taken thus far are not enough By T~ HE emergence of China is perhaps the most important economic event of the new millennium. Rapid economic growth has lifted hundreds
      REUTERS  -  1,053 words
    • Article, Illustration
      Lock icon US outsourcing a feast for India's legal eagles
      1022 21  -  CYNTHIA COTTS Bloomberg By and LIANE KUFCHOCK BRUCE Masterson, chief operating officer of Socrates Media LLC, asked his outside counsel to customise a residential lease for all 50 US states in 2003. The firm's estimate: about US$4OO,OOO. He rejected that price tag
      – Bloomberg; AFP  -  1,022 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8396 22 Transaction date: Aug 23 High Low Code Company Sale ('000) High ow Buyer Seller C'vr P/E $mil 3.5 2 5716 1st Software 22 6 3148 STelecom 34 17.5 5834 A-Sonic 103 98 6389 ABF SG Bond ETF 53 22 1500 ACE Dynamics 30 15.5 1938 AEI Corp 27
      8,396 words
    • Article
      Lock icon SGX STRANET
      71 22 Hii Low Code Comi >an' Sale COOO] Hii Low Bui rer Seller C'vr P/E Smil ***** 119 6065 Diamonds 5000 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO ***** ***** 6170 SPDP.S 3730 2495 6235 STI ETF 100 3761.6 2484.9
      71 words
    • Article
      Lock icon SGX SESDAQ
      2163 22 Hii Low Code Comi Sale room Hii Low Bui Seller C'vr P/E Smil 30 13 1181 AAGrp 41.5 18 5000 ABRHIdgs 61 13.8 2319 Adampak 64.5 23 8515 Advanced Hldgs 16.5 1 1501 Advanced System 70.5 9 1524 Alantac 22.5 8 7814 Albedo 46.5 26 5021 Apex-Pal 13.5
      2,163 words
    • Article
      Lock icon CLOB INTERNATIONAL
      248 22 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net 2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum
      248 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      376 23 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Aug 22 World Index Preliminary 1117.9 1.0 1.6 0.4 2.4 1.0 3.1 t EAFE Prel liminan 1105.8 1.2 -0.2 0.6 1.5 1.2 2.: Euro[ Preliminary
      376 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      133 23 As at 9am Aug 23 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2320 1.2460 Can dollar 1.4300 1.4470 Euro 2.0520 2.0760 NZ dollar 1.0760 1.0990 jterlin mnd 3.0220 3.0560 US dollar 1.5140 1.5320 Local dollars to 100 units of foreign
      133 words
    • Article
      Lock icon INTERBANK RATES
      161 23 Aug 23 uner Overnight 2 1/8 1-month 2 9/16 2-months 2 11/16 3-months 2 3/4 Overnight mode: 2 1/16 US$ Offer 2 2 7/16 2 9/16 2 5/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 5.40 5.53 5.53 5.54
      161 words
    • Article
      Lock icon STOCK INDEX FUTURES
      26 23 Aug 21 Sett ten HII in. STI IIMSCI Am 408.8 426.3 417.5 "aiwan Aui 340.3 341.7 339 Source: MF Global (S) Pte. Lt(
      26 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 23 Aug 23 Bid Offer 1-month 1.5185 1.5197 2-months 1.5149 1.5162 3-months 1.5117 1.513 6-months 1.5027 1.5041 Source: OCBC
      21 words
    • Article
      Lock icon SICOM FUTURES
      279 23 Aug 23 riUbbtn Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Sep 07 Oct 07 Nov 07 Dec 07 Jan/Mar 08 Apr/Jun 08 321.50 320.25 320.25 318.25 318.25 320.25 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      279 words
    • Article
      Lock icon CHICAGO BOT
      103 23 Aug 22 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 07 831.25 815.75 834.00 822.00 Nov 07 847.00 831.00 849.75 837.00 Jan 08 861.75 845.50 864.00 852.00 Mar 08 872.00 857.00 874.00 863.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Sep 07 35.20 34.92 35.35 34.93
      103 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 23 CRUDE OIL PRODUCTS Aug 22 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 68.35 -0.56 WTI(NearMth) 69.37 -0.13 Dubai (1-Mth F) 66.25 -0.37 Tapis blend 74.2 -0.35 Minas 71.05 -0.75 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 69.15 82.05 -1.67 -1.9 USS/barrel Opec Oil Basket Price
      76 words
    • Article
      Lock icon INTERBANK CROSS RATES
      468 23 Aug 23 AS CS Rmb Euro HKS Ind Rs Ru| Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.862 6.180 0.602 6.363 33.380 76.424 0.945 7.672 2.833 1.145 49.374 37.984 1.241 5.889 0.984 26.845 28.048 0.408 0.815 Canada 1.160 7.169
      468 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 23 Aug 23 Period Issue code Maturity Yesterday's Bid Hii Day's [h Low 3-Month BQ*****H 22.11.07 1-Year BY*****V 30.04.08 2.37 2.34 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hie Day's igh Low 2-Year N*****0Z 2.375 5-Year N*****0A 2.625 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year NY*****N
      88 words
    • Article
      Lock icon SIBOR
      78 23 Aug 23 (ussj PIJ 5.***** 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** 1 mth 2 mths 5.***** 2.***** 3 mths 5.***** 2.***** 6 mths 9 mths 12 mths 5.***** 5.***** 5.***** 2.***** 2.***** 2.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.***** 3yrs 2.***** 4yrs
      78 words
    • Article
      Lock icon PALM OIL
      66 23 Aug 23 M_l_t KALIVI l-UIUKtb (rilVI/IVM) Delivery Opening Sett Av Month Range Price Price Hii Low Vol Open Done Position Sep 07 2525 Oct 07 2473 Nov 07 2422 Dec 07 2404 Total o/p: ***** contracts 2535 2556 2505 2473 2500 2448 2430 2457 2401 2410 2434 2385
      66 words
    • Article
      Lock icon PRECIOUS METALS
      169 23 Aug 23 GULL) (USS/oz) Aug 23 Aug 22 uuu (S$) JON COINS Sellini Bu rim Hong Kong 660.70 656.00 661.20 657.00 Aug 21 Aug 22 London 657.60 660.40 658.40 661.00 Source: Reuters pa/ veiling puymg 1 oz 1127.78 1006 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $395.90
      169 words
    • Article
      Lock icon LONDON METALS
      71 23 Aug 22 minimum, 99.7 jrity (USS/tonne) Co Close Previou: Cash 2452.80 2414.50 3 months 2515.00 2477.00 Copper, Grade A (USS/tonne) Cash 3 months 7233.50 7150.00 7052.00 6975.00 Lead (USS/tonne) Cash 3043.00 3 months 2985.00 2938.00 2890.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash
      71 words
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      Lock icon LIFFE
      81 23 Aug 22 Close Prev Hii ih/Low Sep 07 908 916 Dec 07 935 938 Mar 08 953 957 May 08 963 968 920/907 945/933 962/951 972/964 COFFEE (USS/tonne) Close Pev High/Low Sep 07 1656 1666 1669/1653 Nov 07 1691 1697 1704/1685 Jan 08 1703 1708 1712/1696 Mar 08 1713
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      Lock icon INTERBANK CURRENCY RATES
      157 23 Aug 23 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2399 1.2416 0.8145 0.8150 Canadian dollar 1.4384 1.4403 0.9449 0.9454 Euro 2.0609 2.0628 1.3538 1.3541 NZ dollar 1.0827 1.0837 0.7112 0.7114 Sterlim 3.0361 3.0387 1.9944 1.9947 US
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      Lock icon SGX DERIVATIVES TRADING
      348 23 Aug 23 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep07 Dec07 Mar08 Jun08 94.717 95.100 95.305 95.325 0 0 0 0 ***** ***** ***** 7786 EUROYEN FUTURES Sep07 99.150 99.155 Dec07 99.120 99.120 Mar08 99.050 99.055 Jun08 98.980 99.005 Sep08 98.935 98.945B Dec08 Mar09 98.770 98.770
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      Lock icon BONDS & WARRANTS
      3505 23 BONDS WARRANTS Pel lode Com| Last Sale +orPrem Expiry Vol Conv Exer Disc Gear- Mths COOP) Ratio Price ing Left taw S779 ASL Marine Hldgs W*****1 95 1631 Ace Dynamics W*****7 24 Advance SCT Ltd W*****9 29.5 1674 Allgreen RB ECW*****0 4.5 >835 Allgreen RBeCW*****6 5.5 I473 Ascendas REIT SGA
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      2405 24 shipping Times UK CONTINENT SERVICE U.S.A SERVICE B^l^Byflffi^ff Destination Destination DURUMATA RTM/AIW/UK STXPO TBN CAM/NFK/SAV/NOL ||NTERASIA RORO SERVICE H VESSEL/VOY RAMP(KT) HEIGHT(M) PKG KCH LCB SIN JKT Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia STRAITS SUCCESS 24 10 32 14/08 MIDDLE-EAST SERVICE F.E./S.E.A. SERVICE gill I I I|SB
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      4070 25 WAN HAI INTERNATIONAL PTE LTD crn0 **********0/r I PT A CTPT I? XT P 1 A 1? I lIVF1 1? I TTI £OMb f>i /7s* S~tC/?• %rm\ ■■>!■ ■■>■ iiiip* TEL:*****588 (14 LINES) FAX:*****163 I W bT £Li\l3 I£L JVIX l^i\JV jjjLll> jILIY, LIU I tof|Ss >I »T fV/^/ \\\M\\A/AM
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      3560 26 H39 H H H H I UW^ Nordana (Asia) Pte Ltd SSIS- If& GLORY NAVIGATION GROUpI Hp^Jfl U2 B^BSI 70 Shenton Way, #21 -03 Marina House Singapore *****8 iMs/S^^f F&v^k] Alyli^Blii£UiAumUSUUUUi£iAiSi^^^E NORTH WEST EXPRESS LINE n owns operates the youngest fleet [■■■■■■SI MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DaTEX
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      3869 27 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
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      165 28 Is your prized in good health? The Penfolds Re-corking Clinics offer the owners j^^^^j^^ of Penfolds wines, which are 15 years and older, the M) opportunity to have them assessed by the Penfolds "%j?^T^^^ s) winemaking team and, if necessary, opened, tasted, "^^^s^S^X J$ topped up and re-capsuled on the
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      1175 29 BANK OF TAIWAN, Singapore branch Chairman: Jer-Shyong Tsai Directors: Chia-Cheng Lin, Hsiu-Hua Rau, Jin-Tung Lee, Yuh-San Liv, Managing Directors: Tse-Cheng Lo, Ruey-Tsang Lee Shin-Hsin Huang, Chin-Long Yang, Yeong-Yuh Chiang, Chih-Hung Chang, Yang-Tzong Tsay Chang-Sheng Lin, Hsi-Chuan Chen, Her-Jong Lin Unit :NT$l,OOO Unit: NT$l,OOO Dec 31, 2006 Dec 31, 2005 Dec
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  • Page 29 Miscellaneous
    • Miscellaneous
      Lock icon Page 29 Miscellaneous Column 1
      129 29 CRYPTIC CROSSWORD 25 Prireof silence? (4,5) °ow": 2 Annelids 3 Emma, 4 Postottice, 5 Lieder, 6 Augusta, 7 26 Rod, pole or perch (5) 3 Order into tea room (7) whilst in disguise (9) c i- ii iii i i a 'iii f i r Stratosphere, 8 Dosage, 11 Cup--27
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      36 30 This is the last of a six-part series brought to you by Tourism Australia. Do note that the closing date for all entries to nominate your four employees for the all-expenses paid trip is today. y
      36 words
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      70 31 Art Inspiration of Emerging Indian Artists A selection of fine Indian j^^«|i ja paintings by emerging Indian purchase from talented artists nBC^ s^/t^ across India. The exhibition -m V\fr"JwT provides an inspiring glimpse W) "rl'i—V^r^^S of contemporary Indian art. ifV'Ty^S, IM Date: 25,26 &27 August JvJ ,^O^^"/c7s> Time: 11.30 am
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      60 31 FRENCH! WINE FAIR 0 0 7/ x^^F^ 25th Aug 26th Aug f'f Saturday Sunday 1 I (10am-Bpm) (10am-6pm) II 40 Premium Wines I I for Tasting Each Day I Tasting Ticket: $30 Nett I per person. Redeemable for purchases more than $300. CRYSTALWINES 491 River Valley Road #01-02/03 Valley Point
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  • executive lifestyle
    • Article
      Lock icon When licensing goes to the dogs
      670 32 DOG licensing, in case you didn't realise, is not as easy as you would expect it to be. This is something that many pet owners found out when they rushed down to the Animal Welfare and Control office in Pasir Panjang this week to
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      Lock icon Limited editions go east
      1632 32 Luxury brands produced in scarcer numbers do pay off nicely but for a variety of reasons, reports MELISSA LWEE THAT luxury brands create limited edition products or collections is nothing new, but as testament to the buying power of the Asian consumer, these same brands are
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    • ARTS
      • Article, Illustration
        Lock icon Documenting changes in Asia
        886 28 Jimmy Lam has made it his mission to photograph the indigenous culture of the continent before it vanishes in the march of modernity here, writes CHEAH UI-HOON NVESTMENT portfolio manager Jimmy Lam, who grew up in a lower-middle income family in the Singapore of the 1960s
        PHOTOS: JIMMY LAM (COURTESY MARSHALL CAVENDISH)  -  886 words
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        Lock icon Exotic places – in strokes and splashes
        414 28  - Exotic places in strokes and splashes CHEAH UI-HOON By ONE seldom sees a large watercolour painting, mainly because watercolours aren't easy to control on a big canvas. "Anything more than 1.5 metres is difficult," explains award-win-ning watercolourist Ong Kirn Seng. But he has executed two large watercolours 1.8 metres by
        FILE PHOTO  -  414 words
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        Lock icon A marriage to look forward to
        416 28  -  MATTHEW PHAN By JAPANESE conductor Seiji Ozawa will lead the Vienna State Opera in a three-hour rendition of Mozart's much-loved comic opera he Nozze di Figaro, or The Marriage of Figaro, in Singapore next month. Ozawa, who sports a bushy head of greying hair
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    • PURSUITS
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        Lock icon Products of the hottest summer in Europe
        1057 29 N X YONG takes an early look at some of the wines of 2003 A FEW nights ago a small group of us tasted two bottles of Ornellaia 2003 to see which one was in better condition. One bottle had just been sent
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        Lock icon Get new corks for your old wines
        471 29  -  CHRISTOPHER LIM By YOU'VE lovingly cellared your Penfolds wines for years, but have no concrete idea how they're really doing, and the whole move to synthetic corks and screw caps have you wondering if those old corks are doing your wine any favours.
        471 words
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        Lock icon Linguistic experiment comes out right
        526 29 CD REVIEW Rendez-Vous Laura Fygi Universal Music Rating: B Reviewed by BEN MUNROE JUST as Rod Stewart has achieved a kind of renaissance with The Great American Songbook series, Laura Fygi is making her own mark on the classics with this collection of 14 cover
        526 words
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        Lock icon Options galore in Brisbane
        970 30 AUSTRALIA SPECIAL FEATURE Bridge climbs, river cruises and koala encounters are only a few of the numerous attractions on offer, writes GOH HWEE LENG EXT time you're in Brisbane for a convention and have a couple of hours to spare, make good use of the time
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        Lock icon REWARD YOUR DESERVING STAFF
        107 30 An incentive trip to Australia awaits! Attention all managers! Here's your chance to nominate four deserving employees for an exciting, all-expenses paid incentive trip to Australia! All you need to do is to send us their names and tell us in not more than 100 words
        107 words
      • Article
        Lock icon Scary religious right story
        394 30  -  GEOFFREY EU By JESUS Camp, a documentary that examines the indoctrination of young minds by the religious right, offers irrefutable evidence that fundamentalism is both off-putting and uplifting, depending on which side of the religious divide you are standing on. However, when hard-core Christians start preaching
        394 words
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        Lock icon All-female cast sizzles in this melodrama
        349 30  -  PARVATHI NAYAR DVD By I FOR a movie that deals with such gritty realities of our world as child abuse, murder, terminal illness and poverty, Volver is surprisingly upbeat if not outrightly optimistic, about the ability of women to find strength in sisterhood and
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    • MUSIC
      • Article, Illustration
        Lock icon Womad celebrates a decade here
        1054 31 With performances in varied venues, the festival is as strong as ever, reports CHRISTOPHER LIM THE recently concluded SingFest musical festival (Aug 8 and 9) was hailed as being the first of its kind a two-day rock/pop/alternative music festival. The true mother of Singapore's music
        1,054 words
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        Lock icon Senegalese, Brazil bands rock Womad
        640 31  -  MELISSA LWEE NIGHT OUT By WOMAD (World Of Music, Arts And Dance) enthusiasts had extra reason to cheer this week thanks to St James Powerstation who held a fringe event showcasing two of the festival's hottest acts Clube do Blanco and Daara J who performed
        640 words
  • Page 32 Miscellaneous
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      698 34 HOIGIX rST-T- h-U VvOrlClSi- O'G.p.tSTnDSr ZUUb srV-™^*'"^ I ~—1» Vi m\Aw! h\Y£Hjl hVWJ I -ric- LHJHK^aK wcBVJ B v ■s V --i-/?_HAw: *fJH [y ft, mm tMAw Hi VJ I vi ■-*v HjfiaHEiaSKES SmH t\ '-Ki m V-""**** >MPiWKi.''u'^fi VM.«IS» SH '.Vila 2." LB fll T/^: .-w--.- \A V VI
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  • The Business of Time
    • Article, Illustration
      Lock icon IT'S ABOUT TIME
      425 35  -  Larry Wee ONCE again, it's that time of the year when BT presents its annual watch supplement. In fact, it's our tenth since 1998, and this year we are featuring the best from more than 70 of the world's finest watchmakers. Of course it's about time, it
      425 words
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      Lock icon Perfect for black tie
      773 36 GENTS' WATCHES I larry wee picks out some elegant pieces for a gentleman's evening out GENTLEMEN, if you find the chunky stuff a bit too clumsy to wear under your double cuffs and tux, here are a dozen alternatives for your consideration. For a start, we
      773 words
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      Lock icon Steel yourself
      666 40 GENTS' WATCHES II For fans of stainless steel, larry wee has 8 suggestions "WE love the sturdiness of stainless steel mainly because it scratches less easily, and unlike their gold cousins, we don't have to worry that we'll lose some of the precious metal every time we send
      666 words
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      Lock icon Small complications
      503 42 GENTS WATCHES 111 Why simplify when you can have complications? larry wee has a few proposals THE watches in this selection aim to offer something more than just the time which, when you think about it, you can quite easily get elsewhere these days. Your mobile phone, for
      503 words
    • Article
      Lock icon Can websites offer good advice?
      875 44 DUNCAN wang, a generous supporter of, and participant in, web-based watch orums such as Horomundi, gives some pointers on their objectivity and reliability WITH the property market booming amid en bloc sales and new condo launches, it's not hard to detect the feel-good factor these
      875 words
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      Lock icon An enduring love affair
      2279 46 larry wee interviews a Singapore-based private banker we call X, whose love for watches from Swatches to Langes harks back to his college days in the US. As always in the BT watch supplement, we prefer to respect the privacy of our collector friends, since what's
      2,279 words
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      Lock icon Discover the finer points of tickers
      813 51 For those with an interest in how timepieces work, the Sincere Watch Academy offers a hands-on and interactive journey into the world of horology, says su jiaxian AS THE market for fine timepieces grows and matures, retailers are increasingly moving beyond mere selling: Education
      813 words
    • Article, Illustration
      Lock icon The evolution of the modern sycnhronised perpetual calendar
      2921 53 Notorious for being hard to use, a new generation of these watches just got a whole lot less complicated. By declaim quiimim with wei koh EVER try to insist that First Class passengers board the plane first at a French airport? Suddenly
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    • Article, Illustration
      Lock icon A very special year for chronos
      1074 55 Some brilliant innovations from Geneva on the stop-watch front ensure that those who are technically inclined have enough to be excited about in 2007. larry wee reports. Jaeger-LeCoultre launches the flagship of a dramatic new line in 2007 the Duometre with their all-new Duometre
      1,074 words
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      Lock icon Material differences
      667 57 COMPLICATED WATCHES II larry wee takes a look at timepieces that employ some very precious metals IT is quite understandable that watch manufactures would want to distinguish themselves with brilliant new innovations both inside and outside. In the case of Jaeger-LeCoultre's Master Compressor Extreme Lab it has a
      667 words
    • Article, Illustration
      Lock icon For keeps
      733 60 THE Omega DeVille Coaxial Central Tourbillon chronometer is clad in warm tones of rose gold and brown, but we wonder if anyone would really notice it if their attention is focused on the superb whirring central tourbillon cage made of lightweight titanium. Readers should note that not many
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    • Article, Illustration
      Lock icon Seriously haute
      507 62 COMPLICATED WATCHES IV For those with deep pockets, larry wee suggests these stunners WE round up our coverage of complicated watches with a look at five masterpieces that come with six-fig-ure price tags. Audemars Piquet delights this year with their new stop-second baby in Millenary case, and also
      507 words
    • Article, Illustration
      Lock icon It's Tempus time again
      901 64 and this one promises to be even grander than the landmark event of 2004, says su jiaxiam THREE years ago, The Hour Glass embarked on an ambitious landmark project to stage a large-scale watch fair right here in Singapore. No expense was spared. The event was
      901 words
    • Article, Illustration
      Lock icon Exquisite teasers
      867 66 LIMITED EDITIONS I larry wee looks at what is lovely to own this year but extremely hard to get hold of ONCE in a while, Cartier's Collection Privee re-issues their most iconic watches in very limited numbers. This year, they tease us terribly by offering just 100 of
      867 words
    • Article, Illustration
      Lock icon Complications made easy
      833 69 larry wee explains the fascinating mechanisms that make time fly Perpetual calendars BESIDES telling the time, perpetual calendar watches report the day of the week, the date, the month and (usually, though not always) the phase of the moon as well from small sub-dials or windows set
      833 words
    • Article, Illustration
      Lock icon Complicated marvels
      741 71 LIMITED EDITIONS II 111 hey require such painstaking craftsmanship that very few are available, larry wee reports THE Le Sender manufacture of Jaeger-LeCoultre claims that on top of making the only perpetual calendar watch with an eight-day power reserve on the market today, they are now able to
      741 words
    • Article, Illustration
      Lock icon Works of art
      554 71  -  LARRY WEE By VAN Cleef Arpels seeks to delight us with another 100-piece work of art based on their rotating disc watch which was such a hit last year. This time around, it's called the Lady Arpels Saisons Folies dcs Pres and is inspired by Shakespeare's Midsummer
      554 words
    • Article, Illustration
      Lock icon The sailor's special
      449 73 SPORTS WATCHES I THIS is a very special year for sailing. In early July, the Swiss team Alinghi successfully defended their America's Cup Championship in Valencia, Spain. And with sailing becoming a hot sport as more join the ranks of the wealthy, quite a few brands have
      449 words
    • Article, Illustration
      Lock icon Working a Regatta count-down timer
      816 75  -  LARRY WEE 2007's America's Cup winner, Team Alinghi of Switzerland, shows us one way. By THE America's Cup race in Spain this year was won once again by Team Alinghi of Switzerland in an exciting 5-2 final on July 3. This high-stakes race has inspired
      816 words
    • Article, Illustration
      Lock icon Black beauties
      489 77 SPORTS WATCHES II PANERAI, the King of Chunk, claims a completely new process for coating their 45 mm Radiomir case in black zirconium oxide. They tell us it's five times tougher than the 316 L steel used in some of their other cases (like the Rattrapante featured in
      489 words
    • Article, Illustration
      Lock icon A handful of spunky chronos
      329 77  -  LARRY WEE SPORTS WATCHES 111 Bored of black? Try a touch of rose gold and more. By IF YOU are the kind who prefers to dress your watch in rose gold, Vulcain's all-new 42 mm Vulcanographe is a genuine column wheel auto chrono replete with
      329 words
    • Article, Illustration
      Lock icon Reaching greater depths
      767 79 SPORTS WATCHES IV THIS seems to be a banner time for dive watches with, for example, two serious Depth Gauge watches out in 2007. Let's start off with a look at Panerai's candidate, the PAM ***** Submersible. Like its historical antecedents, this auto watch is housed in
      767 words
    • Article, Illustration
      Lock icon Working up a sweat
      484 79 SPORTS WATCHES V larry wee looks at some hot new models TWO years ago, it appeared on these pages in solid gold. Last year, it was presented in Rolesium (the brand's steel-gold combination). This year, we are happy to report that the Rolex GMT II is
      484 words
    • Article, Illustration
      Lock icon Redefining sports luxury
      1626 82 IT ALL began in spring 2004, behind closed doors at Audemars Piquet's watch manufacture in Le Brassus, Switzerland. The name of the project was quite simply "Crewmember", and the inspiration behind it was a desire to achieve the level of excellence shown by the Swiss-backed Alinghi team
      1,626 words
    • Article, Illustration
      Lock icon After sales service that even competitors admire
      1686 84 larry wee gets a very rare inside look at the upscale Rolex service centre in Singapore IT is not uncommon these days to hear watch-lovers complain about how expensive it is, and how long it takes, to repair or service their mechanical watches.
      1,686 words
    • Article, Illustration
      Lock icon Table 1: What the Rolex movement technician has to do
      368 85 TESTING AND RE-TESTING Check what work is required from the written instructions Check movement, look for any missing or damaged parts Remove movement, dismantle rotor, dials and hands Release the mainspring power, then send the movement for first cleaning (one
      368 words
    • Article, Illustration
      Lock icon Making sweet music for your ears
      1547 86 su jiaxiam looks at the most complicated, most expensive and possibly the most exclusive horological creation the striking watch THE respected watchmaker Francois-Paul Journe insists on engraving the name of the buyer onto the movement of his Grande Sonnerie. Patek Philippe wants to know
      1,547 words
    • Article, Illustration
      Lock icon A complicated battle
      912 87 timmy taim hops on the quest to produce the world's most complicated wristwatch WHILE simple three-hand watches (the hour, minute and seconds hands) seem to be enjoying something of a comeback these days, the drive to produce the most complicated mechanical timekeeping engineering marvel to fit the
      912 words
    • Article, Illustration
      Lock icon Fun and desirable
      556 88 LADIES' WATCHES I II larry wee checks out this year's whimsical offerings A COLLECTION of candy-sweet watches with fun names to match. That's Louis Vuitton's Tambour 18 collection, which all come with the unmistakeable LV flower monogram for their adoring fans. The pink example shown here is
      556 words
    • Article, Illustration
      Lock icon Saying it with flowers
      526 88  -  LARRY WEE By IF flowers make your day, ladies, there are quite a number of offerings with that theme this year, from orchids to lotuses. Last year, enamellist Anita Porchet was commissioned to deliver peonies for Piaget, this year it's Orchids, but just six of them,
      526 words
    • Article, Illustration
      Lock icon Bling that says it all
      455 89 LADIES' WATCHES 111 larry wee looks at timepieces that spell dazzling glamour HAVE a weakness for tiling? Then look no further. This high jewellery example from Vacheron Constantin's Egerie line, for example, is in white gold and comes with some serious tiling more than six
      455 words
    • Article, Illustration
      Lock icon Roses for the ladies
      289 90 LADIES' WATCHES IV As usual, the ladies are spoilt for choice, larry wee finds out what's in store for them this year ROSE gold is the theme here. While yellow gold, as we understand it, is preferred on the continent especially in Italy and Germany rose
      289 words
    • Article, Illustration
      Lock icon Striking feminine touches
      457 90  -  LARRY WEE LADIES' WATCHES V By VAN Cleef Arpels presents Lady Arpels Feerie, a delightful surprise on blue enamel, in which the wand of the fairy sitting on a ball of light reports the hours in the arc to the left, and her outer-most wing sweeps through
      457 words
    • Article, Illustration
      Lock icon High-tech bling
      321 90  -  LARRY WEE LADIES' WATCHES VI By FOR the discerning Asian lady who has come to insist that bling must be combined with a decent watch movement, we are pleased to introduce Audemars Piquet's smaller 37mm Royal Oak offshore chrono for ladies. This is offered replete with trademark rubber-clad
      321 words
    • Article, Illustration
      Lock icon The precious art of enamel
      1096 91 larry wee introduces two ladies of exceptional spirit who are determined to keep this tradition alive IT is a precious art, to be sure, but one that is in great danger of fading away. We speak here of Geneva's art of miniature painting on enamel,
      1,096 words
    • Article, Illustration
      Lock icon Enamel and Delaneau
      2887 92 cristimatevemaz offers an insight into the history and techniques of this intricate craft THE beginnings of enamel art can be traced to early antiquity, where it most likely developed as a decorative technique closely allied to the heat and fire of the glassblower's art. Some of the
      2,887 words
    • Article, Illustration
      Lock icon In focus
      2398 94 HAVE you ever felt enamoured with a watch when you saw its image in a magazine or on a website? These wonderful watch images are nade with a combination of good equipment is well as proper techniques both during the shoot as well as post processing. With the
      2,398 words
    • Article, Illustration
      Lock icon The alchemist
      1436 95 Richard Mille, he of the über-cool and inordinately expensive timepieces, blends the best of old and new in high horology, writes su jiaxiaim IN the space of six short years since the founding of his brand, Richard Mille has managed to turn traditional high horology on its head.
      1,436 words
  • Page 35 Advertisements
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      216 35 Coordinator: Larry Wee Copy-Editor: Elaine Koh Sub-editors: Michelle Low, Yu Chin Fun, Judy Louis Cover design: Gareth Chung Artist: Noordin Ayob Photographer: Arthur Lee mm^mm^^^*^^^^^^^*^^ MuV\KNxi%s^ m. f V^^fl Wp*^ w* ss /mWmw m\ LUJC Regulator. The watch-making workshops of iV^vl */C— N S^' /mrm^M yesteryear always had a master
      216 words
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      93 36 P mW wi _V m% Ml I mw /it'^.W H Mwm, Mb mmTjA Biuu^i Ml I />-s* i .^mwmwlmu m\ V\ I 1 __n AI _c X. SmmWm Ilk I x L\ 7f% _B__i^^ jI I d^-^i I f vV _H Btl^iV I ■«P^ \i Ph JF I M I
      93 words
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      117 38 LUXURY HAS THREE NAMES. KNO\U THEM ALL BRnS #12! WM WM —r \Jf Q 5 P |J \\mW^^^9mWm^m\ D E S I JJJW- |nm E I oiHS^^Sj C J I T E C f_, SR. I BjJ_sii \WmmfkW II rtz —4«£ii^ W m\ v o pKvp-p-pmle^ aVI m Hk^. (1
      117 words
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      91 39 V* v .JH Ew^^ JhH iS* atjH i.t»WCHBt isLl>i-'. s jiEj^^W'l I k ri H•T I T T *i 11 E> f j i r"£ I Im 4 T-^W Classique Grande Complication Tourbillon and Perpetual Calendar 3755 PR Tlir T/^T TO /^I ACC SINGAPORE:TAKASHIMAYA S.C. TEL.6S-6734 2420 TANG PLAZA TEL.
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      113 41 1892: sold for a boat trip J "5 Wmj I^' -^"«h iI J' O c o '5 00 "D </> 0> E E a> u_ w Jj c '5 a> D O 3 D a. 2006: 40.000.000* FJ BENJAMIN Exclusive Distributor and Service Centre Tel: +65 6737 3786 Website: www.fjbenjamin.com
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      184 42 r/ THE HOUR GLASS TeM THE TeMPLe OF TIMe 05.09.07 09.09.07 11.00 AM-8.00 PM RAFFLES CITY „x-- CONVENTION CENTRE i m%M 'Mmwlrr^KmW WtmWm^m^m^m^mWmWtS^^S mW M I I *^S KMlm// Wm P"W^ wj A Wmwi I iadSffr I |V K mm\y tKMmWaSmmiJi; IB 1 BH i i A sensational reinterpretation of
      184 words
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      154 44 (7 r^ w^l Pilfer I B^njir^ j 1? fc ji_l?L-^\rJjl p,H Mi ■"ItnTriS ■51 HillfflK f^^w AmmWiZ^ _-^^plpV \\mvßm\m^Z*^\ m\±. Am i M THE TSMPL© OF TIMS Wrs:' y' m^mmm 1 *^gßh_ fl rV No other timepiece masters the grand complication with more flair than the Manero mm\ AW/ Perpetual
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      241 45 THE HOUR GLASS \y Teiy_j 05.09.07 09.09.07 11.00 AM 8.00 PM RAFFLES CITY CONVENTION CENTRE AvM mW^J9':M^ m h' At Wr-S^im _r S At r Am ""^l&i Jl Aw^. 'Am HESs^^^^PJ JH mW Awr \w /Am Am AW im Am A\ W< Am W/Z- >■■—M—te_ __pfl —I pw aWf'S. wFrW'
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      71 47 \v /1 L tB -1 TfH j: a^mßv lE9K BB^ittyNe^ BY >£S* M VHI O BY .^H ■aHMkfiV to b^t j* Ik 9^Y^bi be .^BBi^BbN* i bW B^Sbl Bm^S f*J 1 SCI B^B^^ CHRONOGRAPH Self-winding mechanical movement. Satin-finished >at a>l engraved tachometric bezel. Sapphire crystal, screw- down crown. Waterproof to
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      171 48 VULCAIN MANUFACTURE DEPUIS 1858 The Presidents' Watch Golden Heart Commemorating the 6Oth anniversary of the Cricket Alarm Arriving in November 2007 IT RINGS ALWAYS AT THE RIGHT TIME IN THE RIGHT PLACE Golden Heart In 1947, a legend was born. Vulcain set a milestone in the history of horology by
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      79 49 More than 250 years of uninterrupted history OVERSEAS DUAL TIME 0 42mm steel case. Selfwinding 4 mechanical movement. N>N^w^j'^^^^ i Antimagnetic protection. Powerreserve indicator. Second timezone with day-night indicator. Waterresistant to 150 meters 500 feet). fe^^ Luminescent hour markers and hands. Pale silvered steel dial. Screwed-in crown and screw-locked pushpieces.
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      228 50 00 00 (O in CM co JO Hour Vision. 159 years in the makinq. 00^^^^^^ jft jO%Aw >v ayW 'J& .^^Sftp*. 2^S k k^lV sA '■■■JH d m _^^fe.^^^^^^l -"^1 M J—\\ f A^AwMmm\ Wy X X. m. feiftil aA V x >\ .✓^•■w *^^r WW Jmr s AWZmm Ww
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      268 51 KEEPING TIME IN MOTION EILUX WATCH WINDER WITH ANTIBACTERIAL SILVER lONS EW-1388BK S^^^^m \3^^ WSSmT EWI7OOGL/BK EW-3444 EW-1588 GUBK M m W M W /J^^^^^to-. K^^ M EW *148S GLVBK EW-8006 GL/BK Made for fine watch connoisseurs and collectors, EILUX's collection of watch winders is a /^^^^<\ showcase of precision-engineered
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      182 52 Handle without care. ■j| i'1 I B^^^^j^^T litr"^?r I l^Tfl tnl ffilfcfe^ y*ll P"?"'"*! I i p***l^ j r'""~ N I m^v^ml LwrnM it\\ BK^^H 1 ft IWC SCHAFFHAUSEN SINCE 1868 "Not me, please..." JBig Ingenieur. Ref. 5005: Have no fear: nothing can touch this watch. Mechanicaliwc-manufacturedmovement Housed in a
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      73 54 RICHARD MILLE A RACING MACHINE ON THE WRIST y:Z te WW' pair HH wm HSff iAwAw 85r S"**'s,Si^- IKIW^I w&'" WW Aw-' <# Sapphire glass with double-sided anti-glare treatment Titanium bridges Water-resistant to 50 meters pj p^^ i Limited edition of 30 pieces OFFICIAL TIMEKEEPER SGD 742,266 RICHARD MILLE BOUTIQUES:
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      57 58 (j^J) CORTINA WATCH ESPACE: Singapore: Millenia Walk Tel: 65-6339 1728 Malaysia: Starhill Gallery Tel: 03-2142 1171 CORTINA WATCH BOUTIQUES: Singapore: Paragon Tel: 65-6235 0084 Raffles City Tel: 65-6339 9185 Gentrepoint Tel: 65-6738 9961 _J. li#n Lucky Plaza Tel: 65-6734 3668 Malaysia: XL Plaza Tel: 03-2145 5171 Berjaya Times Square Tel:
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      263 59 P^P^P^P^P^P^PH pBpMPMPaPapI y^^ ™i- was jcSmw*^?^3klz< jm\ C I IVI •AMJ» 1 O C C b l/WM- b l 86 5 -r^ InHBuP. kwm .-fl 1 "*3 It iO^l Vj| L mWm Wk\' Wm^\mt I'M I I I Ts&*->. \JvtMNMP-4i3p3p9pflpßwTpJ M J I i mAr M I >HvXuipflßßp| M^' t5
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      464 60 m\ p)pfl) AwM,'^?' ißfc mAmW m •p, fc^^ Ml' PP7 Ami C a a It -j- ppppp^^^ >i' -.h -a &r 5_ 3 J mt9%o |p| 4* A '*k£*mm*Afr A 'J WW++ VpvPßHpfeh J! fIL a m» Am^A^A^A^F -*^mAmm\ m\. P* **P? t£ •*> «T 1^ BjSp^. ,-Tfi* mom Tm
      464 words
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      150 61 BROGERDUBUIS Amm mmW .^m^m^A^A Wm^A /Amm mmmm^AMM Amm XmW Amm&'&'^^-^-^mmm, Amm-' ZAmmmmm* SBttSPa Qmf/J-f/^1 /ZmM^A^ &^f^ w(^mm\ «n^^S|pp\ mmW InM'^^li s£S K^CvUjl^^j.tlpj^mH! KiPPpan W^^^^ Hi KpV v^i\ pi m\i m mmwlmm *mW J* \mr TPP X %s^ Z^^mAt^imm^K^ ~ZmWzk H I IVppl m KmT^Wjg jV^P pP^^^ WmWrAm 'v^l pr pw\
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      247 62 A. a^aß^^HJ^P^a^r^W^^T^ JHll^. mWr^f HJBHJBbBI^HJHI Jk ■9'^ jIZ .BmUJ^BhH VH*~ A^L\ 'A*R<*^Pr^m\ &*^mW? j'^^ts, -B.' bß^^bHß H!fl»x"!l B^BwVB Jp^ mW!*Mm%RmW? M J"* X^^i^^H^HHH^BHHHHHB -^r-^ WmrWll LZ** Tl^a^H^^HHK JBHhHHHH^SV^H VBr ni" km BH^^H JmAm. "V■■"*", \!&&tim> IT*-" w ft Wmr 'Amm- HJBiHH Hi '-r'^'^H^l I^-.----" BB v"-"-'* aßwSaßt Atk Baßfc"'^^^™/ o|L_-_B^B^B^aHHJfc^^H^HJ^^»
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      124 63 Louis Erard i I g A. riC\ 31 1 m^ cv t tJ l^^^^V 1 im 1931 Classic Moon Phase \9a| -J t /j EfiU^l iff "ii^Pßj Available at: DICKSON WATCH JEWELLERY SuntecCity Tel: 6336 4871 MOMENTS Citylink Tel: 6339 2265 Paragon Tel: 6737 6451 NANKING Peninsula SC Tel: 6337
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      231 64 "Accuracy is everything when your life hangs on one breath. Diving to such extreme depths, I must be able to trust my equipment with my life. Which is why a dependable timepiece like Ball watch is so important in an environment that features truly adverse jp^, conditions." The watch that
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      71 68 Santos 100 Brushed stainless steel 43 mm case. Self-winding mechanical movement, Cartier calibre 049 (21 jewels, 28,800 vibrations per hour). Screwed down polished steel bezel assures water resistance to 100 meters. Scratch proof sapphire crystal. Alligator strap with triple deployant buckle. fflpfll iss*EpfSSpP^ m pppppi wi/i mt ,j pj '-..<
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      50 69 ORIS Swiss Made Watches Since *****4 P pppppppj M CHRONOGRAPH :> \I9 OmW A WATER RESISTANT jf ~~m H mt m I I I -IS ppppppppp! I<^^^^^ H Enduring. Oris Carlos Coste Chronograph Limited Edition Distributor Service: Swiss Prestige Re. Ltd. (*****6219-0 Tel: 6296 1904 Fax: 6293 8148 email: info@oris.com.sg
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      151 72 I .^r— B^^k. I Bl^ w| lij^L^j^'j 1 I JHr/jj'" Adjusting the hair spring in the Flying Tourbillon it \/^B I^^B sm/Sw .^fl The PanoTourbillon XL. \§g \^^^^Q s^M. M~l m One of the most demanding horological fc^^^__ W7 complications is the Flying Tourbillon. B^fci^^^ I m In every position
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      261 76 THE HOUR GLASS \y Teiy_„ j 05.09.07 09.09.07 11.00 AM 8.00 PM RAFFLES CITY Am mrSSAwEir -&r 4fe.v< \dSB r -~sbm*^ PB *^m7m mw v V II mkwZ- f OZ//A\ mwYm*,'®%\r\ W^ZMt EWaiII \l 2PjP.'/ /.jflfi'/jB m¥'' Pb- JBmw^ssm3b S-A a<?^B Wo? 'Vll I VB p| RP^ '^Jr^fflpl Mr H^
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      75 80 iUDEMARS PIGUET Ie maitre de I'horlogerie depuis 1875 THE WATCH OF YOUR LIFE THE EDWARD PIGUET WATCH, THE BIRTH OF A GREAT DATE WHITE GOLD TOURBILLON WITH SMALL SECONDS, MANUAL WINDING MOVEMENT. WITH THE PASSING OF TIME, SOME DATES REMAIN INDELIBLY ENGRAVED IN YOUR MEMORY. ALSO AVAILABLE IN PINK GOLD.
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      173 81 o o 5 X W o o o o CO I o o 5 Q o v g 2 o i CULTIVATE I lli i ATASTEFOR f I The Lange 31, by A. LANGE SOHNE, /> is the world's very first mechanical S^3iSr^^ glashcttbi/sa Vv s wristwatch with a ground-breaking
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      152 85 Crerd-Jx. Lang, master watchmaker ana founder of LJaronoswiss. North Oca island of Juist. oeptember 30, 2005, 1.08 p.m. Fr^l ft a Mv \\A^?^^^ /CHRONOSWISS jC^^^fc///i7 lime; undeniably fleetmff. JVjLasterfully, we measure Wvcr >>/ 'kr^Rjufi its passing and yet \\re are powerless to control it. x^iP^/, IA s xLvery moment the
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      99 93 RUI HI Kmßl 1 'L^^" s.m\ ***** b^p^m F^£i' ;iin Btiiilß H '"S -^fli Si/ I Available at: All Watches Wisma Atria Tel: 6733 2823 Cortina Watch FJ BENJ A I N CentrepointTel: *****961 Millenia Walk Tel: 6339 1728 Raffles City Tel: 6339 9185 Exclusive Distributor and Service Centre Dickson
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      35 96 HI ihl Published and printed by Singapore Press Holdings Limited, 2 Jurong Port Road, Singapore *****8. Co. Regn. No. *****2868 E. A member of MCS Circulation Audit. Customer Service (Circulation): 6388-3838, circs® sph.com.sg, Fax 6746-1925.
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