The Business Times, 1 December 2011
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2011-12-01
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The Business Times
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Title Section23 2011-12-01 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Thursday, December 1,23 words
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507 2011-12-01 1 CONRAD TAN - First contraction in 16 months as global worries weigh upon sentiment here By CONRAD TAN [SINGAPORE] Bank lending nearly stalled in October as loans to businesses shrank for the first time in 16 months, hurt by the worsening outlook for the world507 words
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Article140 2011-12-01 1 GST INDEX 2,702.46 (+14.36) GST INDEX FUTURES 2,694 (+6) GSIMSCI 307.42 (+2.35) GSIMSCI FUTURES 305.70 (+0.40) FOREX US$ S$ US$ (S$ per US$) 1.298 (US$/S$ per 1.555 2.018 EURO (US$/S$/E) 1.327 1.723 Foreign currency per US$ S$ YEN 78.00 60.10 RM 3.176 2.447 HK$ 7.788 6.001 BAHT 31.20140 words
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903 2011-12-01 1 JAMIE LEE - Recent property deals rekindle debate over fees, independence, minority protection By JAMIE LEE [SINGAPORE] Calls for reform in the real estate investment trusts (Reits) market here have taken on fresh urgency, as questions resurface about the possible conflict of interest when Reits acquire assets903 words
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Page 1 Advertisements
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Advertisement29 2011-12-01 1 DISCIPLINARY PROBE Susan Lim loses appeal PAGE 4 World’s central banks send markets soaring PAGE 19 UK hit by biggest mass strike in 3 decades PHOTO: AFP PAGE 429 words
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Advertisement13 2011-12-01 1 PROPERTY Sim Lian tops bids for Bt Panjang site PAGE 30 *****1 *****413 words
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Advertisement144 2011-12-01 1 BizIT Companies starting to embrace public clouds PAGE 28 LAYOFFS MF Global S’pore cuts 80 jobs PAGE 2 THERE ARE STORIES THAT DESERVE TO BE CAPTURED FOREVER. Whether it’s a transatlantic crossing on a sailboat with friends, or the birth of a child, there are precious, life-changing moments that deserve144 words
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TOP STORIES
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423 2011-12-01 2 KENNETH LIM - Layoffs aimed at cost control; rivals could benefit from opportunistic hires By KENNETH LIM [SINGAPORE] MF Global Singapore laid off 80 staff this week, leaving the former employees to look for work in one of the seasonally toughest times of the423 words
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596 2011-12-01 2 TEH SHI NING - MOM report shows record employment rates among older residents, women By TEH SHI NING [SINGAPORE] Median income growth outstripped inflation as the employment rate rose to a new high, thanks to Singapore’s tight labour market. Even as dark clouds gather on the economic596 words
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Article566 2011-12-01 2 Examining the house that Reits built CALLS for reform in the real estate investment trusts market have taken on fresh urgency, as questions resurface over the possible conflict of interest when Reits acquire assets from their sponsors. The spotlight has swung sharply on the manager/trustee model and fee566 words
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Article, Illustration641 2011-12-01 4 NEIL BEHRMANN - Pound, shares rise slightly; 10-year govt bond yields fall to 2.18% By NEIL BEHRMANN in London BRITAIN experienced its biggest strike in more than three decades as a quarter of the country’s civil servants, or an estimated twoAP - 641 words
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Article, Illustration722 2011-12-01 4 JOYCE HOOI - By JOYCE HOOI [SINGAPORE] Susan Lim, whose bill for treating a royal patient from Brunei for seven months amounted to $24.8 million, has lost her last legal appeal to block an inquiry by a medical disciplinary committee (DC). Her appeal against an inquiry722 words
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349 2011-12-01 4 Global markets recover early losses on the news Reuters [BEIJING] China’s central bank cut the reserve requirement ratio for its commercial lenders yesterday for the first time in nearly three years to ease credit strains and shore up an economy running at its weakestReuters - 349 words
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932 2011-12-01 4 JAMIE LEE - They say it may have been disadvantageous to the Reit’s unitholders By JAMIE LEE [SINGAPORE] The sale of Keppel Land’s entire 87.5 per cent stake in Ocean Financial Centre to K-Reit Asia for $1.57 billion has raised eyebrows. Several932 words
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585 2011-12-01 4 VICTORIA HO - By VICTORIA HO [SINGAPORE] Microsoft might be making its Office software for the Apple iPad, if rumours are to be believed. Firstly, iPad-only news outfit The Daily reported that the software giant is actively working on adapting its popular office productivity585 words
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Page 2 Advertisements
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Advertisement262 2011-12-01 2 Signature Cod Fish with Chef's Signature Miso Recipe at S$ 1 6 for two Servings (U.PS$16 per serving) with min spend of S$200*. < X IK- < (A A X A MS TASTE s PARADISE i Grandeur of Chinese Dining C 1 (5e/ PARADISE PAVILION Renaissance of Chinese Dining Savour262 words
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Advertisement122 2011-12-01 3 SOHO. Change your perspective. Every SOHO is designed to give you total freedom. Experiment with your space. Shape it. Form it to your will and fancy. Far East This is your home. Gallery. Workplace. Your dream lab. It is anything and everything you want it to be. SOHO is where122 words
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Advertisement233 2011-12-01 5 THE NEW HONDA CR-Z. THERE IS NOTHING ELSE LIKE IT. SPLIT-LEVEL REAR HATCH 3D AUGE ECO ASSIST 3-MOD E DRIVE SYS With its aerodynamic aesthetics and sporty style, the CR-Z is like nothing you’ve ever seen before. And with the world’s first combined 1.5 litre i-VTEC engine, hybrid powertrain and233 words
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COMPANY NEWS
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470 2011-12-01 6 JAMIE LEE - However, consultant rejects idea of putting a cap on directorships By JAMIE LEE DIRECTORS should have the “self-discipline” to reject numerous board seats, but there should be a limit on how long these directors are deemed independent, said a senior executive at a470 words
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Article590 2011-12-01 6 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY INDEPENDENCE is a highly valued commodity in the world of finance. For example, auditors are expected to be independent when assessing a firm’s accounts so that investors can rely on the information as rendering an unbiased picture of the firm’s590 words
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844 2011-12-01 6 TEH SHI NING - Two-thirds of the 30 stocks on STI see losses last month By TEH SHI NING SINGAPORE’S stock-mar-ket value fell 4.5 per cent in November, as the eurozone’s intractable debt woes continued to string global markets along. At the close of trading844 words
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280 2011-12-01 6 CLOSING PRICES* (EXCLUDING ACCRUED INTEREST) GROSS REDEMPTION YIELD p.a.) NUMBER OF DAYS OF ACCRUED INTEREST INTEREST PAYMENT DATES AMOUNT ($m) COUPON RATE p.a.) YEAR RAISED ISIN CODE MATURITY DATE 01.04.2012 N*****0A 2007 2 5/8 5,100.00 1/10 1/4 60 100.77 0.33280 words
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375 2011-12-01 6 YEO AIQI - By YEO AIQI AMID cautious trading in the broader market yesterday, shares in STX OSV Holdings rose as much as 6.2 per cent on news that the shipbuilder has secured a contract worth 1.2 billion Norwegian krone (S$265 million).375 words
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Article, Illustration602 2011-12-01 7 KENNETH LIM - Exec board member sees resilience despite volatile soft commodities market By KENNETH LIM DUTCH agriculture and food banking giant Rabobank wants a quarter of its operations to be in Asia in the next five years even as it predicts602 words
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452 2011-12-01 7 Reuters Bloomberg [SHANGHAI] Swiss private bank Julius Baer plans to expand its workforce in Asia despite cutting around 150 jobs mostly in Europe, its Asia head said yesterday. “The 150 jobs affected mostly the European or the old markets,” Thomas Meier,Reuters; Bloomberg - 452 words
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169 2011-12-01 7 SIOW LI SEN - By SIOW LI SEN GLOBAL Logistic Properties (GLP) has priced its benchmark perpetual bonds at 5.5 per cent, the lower end of guidance due to strong demand. Asia’s largest warehouse provider yesterday sold $500 million perpetuals to mainly private bank clients169 words
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437 2011-12-01 7 Deutsche Boerse NYSE must wait till Jan 23 for decision Bloomberg [SINGAPORE] Concerns about concentration of market power continue to dog mergers in the exchange industry. NYSE Euronext and Deutsche Boerse AG must wait until Jan 23 to find out if they’veBloomberg - 437 words
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Article327 2011-12-01 7 CARINE LEE - By CARINE LEE UNITED Engineers Limited (UEL), an engineering, construction and integrated property services company, yesterday announced the establishment of a $500 million multi-currency medi-um-term note (MTN) programme. Under the programme, the company may issue notes from time to time in series or tranches, in327 words
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COMPANY BRIEFS
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Article61 2011-12-01 7 BARCLAYS Wealth, the global wealth management division of Barclays Plc, announced the appointment of Carol Chen as market head of Greater China. Ms Chen takes on her Singapore-based role from Dec 13, and will report to the head of North Asia, Boonya-kurkul. She joins Barclays61 words
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73 2011-12-01 7 MEMTECH International announced that its unit Taitech Precision Electronic (Kunshan) Co Ltd has purchased a property in Jinxi Town of Kunshan City in China’s Jiangsu Province for 28 million yuan (S$5.7 million). The company intends to develop the land for the relocation of its existing73 words
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89 2011-12-01 7 C&O Pharmaceutical Technology (Holdings) has sent a letter to shareholders who did not accept its exit offer, informing them of the compulsory acquisition at $0.50 per share. But the price payable is $0.4953 as a dividend of $0.0047 per share was paid on89 words
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85 2011-12-01 7 SUPER Group announced that its unit Super Coffee Corporation Pte Ltd (SCCPL) has extended an interest-free quasi-equity loan of US$420,000 to jointventure (JV) company BS Global. Bimex LLC, the other joint-venture partner, has also extended a similar loan of US$980,000. The extension of85 words
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60 2011-12-01 7 EUNETWORKS Group announced that chief financial officer James Thomas will be stepping down on Dec 31. Mr Thomas, who joined euNetworks in September 2010, will also cease to be an executive director of the Singapore-listed company. No replacement has been named as60 words
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230 2011-12-01 10 UMA SHANKARI - By UMA SHANKARI GUOCOLEISURE Limited yesterday said that Timothy James Scoble has relinquished his post as chief executive officer of the group and also resigned as an executive director. Instead, he has been appointed as chief executive officer of GuocoLeisure, UK, so that he230 words
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327 2011-12-01 10 FELDA CHAY - Losses stem from lower revenue and increase in ‘other operating expenses’ By FELDA CHAY CRAFT Print International has posted a bigger net loss for the year ended Sept 30, 2011 and warned of a con- tinued adverse operating environment for the current financial327 words
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Article, Illustration75 2011-12-01 10 KAM Tin Seah, UOL’s senior general manager for investment and strategic development, working together with a student on sentence structure. As part of its corporate social responsibility efforts towards caring for children, UOL partnered CARE Singapore to organise a Reading Fiesta to reach out to75 words
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Advertisement15 2011-12-01 6 BRITISH AIRWAYS 30,000 feet. The perfect place to put yours up. To Fly. To Serve.15 words
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Page 7 Advertisements
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Advertisement16 2011-12-01 7 BRITISH AIRWAYS Forget turbines. It's pillows, blankets and beds that determine airspeed. To Fly. To Serve.16 words
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SINGAPORE MARKETS
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Article, Illustration575 2011-12-01 8 R SIVANITHY - Index climbs 14 points in weak session; HK and Europe provide the main drag STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index recorded a 14.36-point rise to 2,702.46. This was widely attributed to month-end window dressing since it was actually a weak-to-weak session for theSource: Bloomberg - 575 words
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Article66 2011-12-01 8 Nov 30 VALUE CLOSE BT OB/OS -735.00 +55.00 BT CADI -*****.00 -10.00 BT 10-day MA -*****.00 -73.00 FTSE ST Mid Cap 595.76 +1.02 FTSE ST Small Cap 406.26 +0.44 FTSE ST All Share 648.00 +2.91 FTSE ST China Top 187.31 +1.24 FTSE ST China 221.17 +0.95 FTSE66 words
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Article61 2011-12-01 8 VOLUME GMG R 204,753,000 Noble Grp 70,405,000 Golden Agri 66,035,000 Genting SP 52,768,000 Memstar 44,518,000 SingTel 31,669,000 GMG Global 30,711,000 Pollux Prop Ltd 28,963,000 Yangzijiang 25,156,000 HPH Trust US$ 23,906,000 VALUE($) DBS Grp 109,009,490 SingTel 97,182,640 Noble Grp 80,144,680 Genting SP 79,798,345 Keppel Corp 70,618,460 OCBC Bk61 words
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Article186 2011-12-01 8 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 6 3 0 0 0 6 6 3 Manufacturing 46 51 33 5 2 7 51 53 40 Commerce 16 20 13 7 2 4 23 22 17 Tpt/Stor/Comms 17 11 10186 words
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BROKERS’ TAKE
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Article440 2011-12-01 8 JOYCE HOOI - Compiled by JOYCE HOOI Nov 30 close: $2.52 OCBC Investment Research, Nov 30 CAPITALAND and its subsidiary CapitaMalls Asia (CMA) announced that they have, together with Singbridge, acquired a mixed development site in Yuzhong, Chongqing, in China for 6.5 billion yuan ($1.28 billion). CapitaLand and CMA would each take440 words
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Article137 2011-12-01 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,137 words
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Article121 2011-12-01 8 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 29,147 29,147 117,820 117,820 Manufacturing 170,144 9,272 179,416 165,255 95 165,351 Commerce 122,982 7,229 130,211 167,650 640 168,291 Tpt/Stor/Comms 126,696 19,131 145,827 204,558 2,069 206,627 Finance 35,282 35,282 264,585 264,585 Construction 35,290 30,450 65,740 8,927121 words
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Article112 2011-12-01 8 Stock name Close Change CapMallsAsia 1.270 CapitaLand 2.520 +0.030 CapitaMall 1.745 -0.010 CityDev 9.700 +0.120 ComfortDelGro 1.400 +0.015 DBS Grp 12.400 +0.150 F&N 6.360 +0.020 GLP 1.820 +0.030 Genting SP 1.505 +0.005 Golden Agri 0.700 +0.005 HK Land 4.520 -0.020 JMH 49.480 -0.070 JSH 29.100 +0.070112 words
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448 2011-12-01 8 CURRENCIES Reuters [LONDON] The euro cut losses against the US dollar yesterday as risk appetite was lifted by China cutting banks’ reserve requirement ratio, although traders said euro gains are likely to be limited by concerns about the region’s debt crisis. China’s centralReuters - 448 words
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Article116 2011-12-01 8 BY CENTS CLOSE UP DBS Bk 4.7% NCPS 100 ***** 190.0 1.8 Lyxor MS India 10US$ 1195 41.5 2.8 DBXT AUDMM 5AU$ ***** 41.4 0.2 CIMBAsean40 100US$ 945 35.0 2.9 DBXT MSKorea 10US$ 5206 33.7 0.5 DBXT MSAsExJp 10US$ 2746 27.2 0.8 Lyxor Korea 10US$ 450 23.4 4.2 Keppel116 words
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Article126 2011-12-01 8 BY CENTS CLOSE DOWN IS DJ US Tech 6200-155.7 -1.9 IS S&P500 ***** -80.4 -0.5 DBXT E50 10US$ 3291 -79.1 -1.8 DBXT Nifty 10US$ 9298 -62.3 -0.5 DBXT AUD Bonds 5AU$ ***** -58.2 -0.3 DBXT FTVietnam 10US$ 1997 -45.4 -1.7 KepLand.ES.1111 239 -30.0 -11.2 DBXT MSWorld 10US$ 281 -29.8126 words
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Advertisement0 2011-12-01 8 '&[".)>_>:!%_:)!__@!%[+<;>?":-*0 words
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Page 9 Advertisements
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Advertisement138 2011-12-01 9 BRITISH AIRWAYS The starfish. One of the many sleeping positions you can enjoy. Our Club World seats are specially designed to put you completely at ease. With a spacious, calming setting, and a perfectly flat bed with room to stretch, it's easy enough to feel right at home. To Fly.138 words
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Page 10 Advertisements
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Advertisement434 2011-12-01 10 APPLIED FINANCE CENTRE Macquarie University, Master of Applied Finance Invest in your career With an industry reputation second to none, Macquarie University’s Master of Applied Finance is perfect for those finance executives who would like to deepen their knowledge and advance their careers via post-graduate study. To find out more,434 words
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Advertisement23 2011-12-01 10 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATS NOTICES23 words
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Page 11 Advertisements
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Advertisement130 2011-12-01 11 www.vw.com.sg "r 35 s. 1*JSUB?£.K "»S0f J CJJ 4 Hf«r TaEHamKL i r^ac..! V Golf GTI E35 2J2J3RI Z+BSoT' I To celebrate 35 years of the Golf GTI, we're introducing the special edition Golf GTI E35, the most powerful we've ever made. With 235 bhp from its 2.0 litre TSI130 words
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SINGAPORE NEWS
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Article, Illustration558 2011-12-01 12 RONNIE LIM - It’ll add 20 km of pipeline to transport gases to customers By RONNIE LIM DESPITE the gloomy global outlook, industrial gas producer Soxal which has already pumped in $1 billion here remains confident about Singapore and is building another $60558 words
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Article, Illustration515 2011-12-01 12 LEE U-WEN - It may also expand its scope beyond worker-employer relationship model By LEE U-WEN WITH professionals, managers and executives (PMEs) making up nearly a quarter of its 670,000 members, the labour movement wants to do more for this group of workers whichLIANHE ZAOBAO - 515 words
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320 2011-12-01 12 RONNIE LIM - By RONNIE LIM ELECTRICITY demand in October fell by the most this y ea r b o t h o n a month-on-month and year-on-year basis, said the Energy Market Company, which operates the wholesale electricity market here. The just-released data320 words
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446 2011-12-01 12 DOLLY CHIA - 6% GDP growth and rising middle income segment make it a good market By DOLLY CHIA INDONESIA is a lucrative place for Singapore businesses to expand, although investors need to beware of the hazards of entering an emerging economy. As such, International Enterprise446 words
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SINGAPORE ROUNDUP
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Article50 2011-12-01 12 THE Urban Redevelopment Authority (URA) has awarded the tender for the residential site at Chestnut Avenue to SP Setia International (S) Pte Ltd. The company submitted the highest bid of $180 million in the tender for the site, which has a 99-year lease term.50 words
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Article95 2011-12-01 12 THE Customs administrations of Asean member countries will be implementing a new set of tariff codes used to classify all goods traded within and outside Asean from next year. This common tariff classification system, known as the Asean Harmonised Tariff Nomenclature (AHTN) 2012, is95 words
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302 2011-12-01 12 NATIONAL water agency PUB has announced a revised code of practice on surface water drainage which provides greater flood protection for Singapore. Taking effect today, the stipulated minimum height of platform, land reclamation and crest levels for new developments will be raised to302 words
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Page 12 Advertisements
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Advertisement75 2011-12-01 12 A 0 6100.0080 .suus mBmnwi'M-aa QMEfitSBia oaBajgtfgpsgEfeeBg.flCfl =^aa?«Es®6EteQgaia r TOPPING OUT Sets appeal Mentawais' seismic surf SUMMITTING EVEREST FROM TIBET Rainbow walls 4 reef highlights +1 Nepal's summit-to-sea adventurer Race review from Wulong I r* Asia's best outdoors magazine Now with a great new look! Get the latest copy today!75 words
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Advertisement60 2011-12-01 12 Single-storey production with two-storey office Location Eunos LA Approx 27,000 sq ft GFA Approx 20,000 sq ft Tenure Bal. Approx 28yrs Leiling *****761 *****775 KnightFrank.com.sg R*****5H License No. L*****36J SINGAPORE PROPERTY LONG TERM OPTIMISM Credo MD Karamjit Singh thinks the residential market looks promising for the next decade RICHA’S READY60 words
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ECONOMY WATCH
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Article, Illustration616 2011-12-01 13 BOJ deputy governor also warns yen rise could speed up shift by companies abroad Reuters [KYOTO] There is no quick fix to Europe’s debt woes that threaten to escalate into a more widespread credit crunch Bank of Japan (BOJ) deputy governor KiyohikoReuters; BLOOMBERG - 616 words
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Article421 2011-12-01 13 Central bank reduces one-day bond repurchase rate to 3.25% Bloomberg [BANGKOK] The Bank of Thailand cut interest rates for the first time in more than two years and lowered its 2011 economic growth forecast as the nation reels from the worst floods in almost 70 years.Bloomberg - 421 words
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Article, Illustration468 2011-12-01 13 AFP [SOUTH KOREA] Asia’s projected growth rate of 7.5 per cent next year could be jeopardised as the eurozone crisis threatens its ex-port-driven economies, the Asian Development Bank chief said. ADB president Haruhiko Kuroda said that even China may face difficulties if demandAFP - 468 words
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Advertisement480 2011-12-01 13 I 1 18 Nov to 26\Dec 2011 Christmas shines as Paragon celebrates a star-studded Yuletide season. Come make merry with a constellation of festive gifts, prizes and privileges that will make you the brightest star of them all. Christmas/Light-Up OrcJ ov to 4 Dec, log on to www.facebook.com/orchardroad.sg Paragon in480 words
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MALAYSIA/INDONESIA
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Article, Illustration622 2011-12-01 14 S JAYASANKARAN - RCI to investigate allegations that foreigners were given right to vote By S JAYASANKARAN in Kuala Lumpur A BIPARTISAN parliamentary select committee on electoral reforms has recommended a Royal Commission of Inquiry (RCI) to investigate long-standing allegations that foreigners had been given the rightBLOOMBERG - 622 words
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418 2011-12-01 14 Reuters [JAKARTA] An Indonesian court charged the former treasurer of President Susilo Bambang Yudhoyono’s ruling party yesterday with accepting money to help a firm win an infrastructure contract, in a case that illustrates the scale of graft in the country. The allegedReuters - 418 words
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Page 14 Advertisements
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Advertisement3330 2011-12-01 14 PRIME" Partners PRIMEPARTNERS CORPORATE FINANCE PTE. LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****7389D) 20 Cecil Street, Equity Plaza #21-02 Singapore *****5 30 November 2011 To: The Shareholders of SMB United Limited Dear Sir/Madam VOLUNTARY CONDITIONAL CASH OFFER BY PRIMEPARTNERS CORPORATE FINANCE PTE. LTD. FOR AND ON3,330 words
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GREATER CHINA/INDIA
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Article, Illustration596 2011-12-01 15 Bloomberg [HONG KONG] Many affluent Chinese worried about rising inflation, a roll-er-coaster stock market, and restrictions on real estate investment are looking to alternative assets. Wine, a status symbol for new millionaires, is a hot choice. It was no surprise thenBloomberg; AP - 596 words
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384 2011-12-01 15 Bank of China, CCB get grades higher than most US rivals’ Bloomberg [SHANGHAI] Bank of China and China Construction Bank were upgraded by Standard Poor’s after the ratings firm revised its criteria, giving the lenders higher grades than most of their largest US rivals.Bloomberg - 384 words
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409 2011-12-01 15 Street protests likely as parliament faces more disruptions Reuters [NEW DELHI] India’s government yesterday refused to allow a parliamentary vote on rolling back controversial retail reforms, and the current legislative session now faces more disruption, making it unlikely that any significant laws will beReuters - 409 words
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496 2011-12-01 15 The lowest growth rate in two years blamed on rate hikes, global woes AFP Reuters [NEW DELHI] India’s economic growth slowed to 6.9 per cent year-on-year in the last quarter, its lowest in over two years, hit by a string of rateAFP; Reuters - 496 words
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Advertisement55 2011-12-01 15 Modern Designer Industrial(BI) QLLffl > Brand New 60 yr Industrial(BI) > Production Warehouse Units 1 Ancillary Office 1 En-Suite Washrooms 1 Ramp-Up Podium Tower Blocks Swimming Pool Gym MRT 6mins Easy access to ECP, PIE, Nicoll Highway > Best Investment ROI (let me show u) Huttons realestategroup Alice Chua (+65)923955 words
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Advertisement323 2011-12-01 15 >»' MATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF CROWNLAND INTERNATIONAL PTE LTD (In Members’ Voluntary Liquidation) Co Reg No. *****5913E At the Extraordinary General Meetings of the abovenamed Company deemed to be held on 30323 words
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Advertisement308 2011-12-01 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PACIFIC WHEELS PTE. LTD. (In Voluntary Liquidation) (Company Registration No. *****0640E) NOTICE OF RESOLUTION At the Extraordinary General Meeting of the members of PACIFIC WHEELS PTE. LTD. duly convened and held at 3791 Jalan Bukit Merah308 words
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Advertisement501 2011-12-01 15 LATITUDE TREE INTERNATIONAL GROUP LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****8683N) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the "EGM") of Latitude Tree International Group Ltd. (the "Company") will be held at Orchard Room, Raffles City Convention Centre, Level501 words
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Advertisement386 2011-12-01 15 y# [BATa NOTICES MICROSOFT HOLDINGS PTE. LTD. COMPANY REGISTRATION NO. *****0713K (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY WAS DEEMED TO HAVE BEEN HELD AT ONE MICROSOFT WAY, REDMOND, WA *****, USA ON THE 25TH386 words
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SINGAPORE SERVICE EXCELLENCE MEDALLION
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Article, Illustration615 2011-12-01 16 CELEBRATING pinnacle achievements in a new paradigm of service excellence, leaders of Singapore’s business community gathered for the inaugural Singapore Service Excellence Medallion Ceremony on Monday night to honour organisations and individuals that inspire and sustain service excellence. Changi Airport Group, no stranger to laurels, received the615 words
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Advertisement17 2011-12-01 16 This two-page pictorial is brought to you by the Institute of Service Excellence at Singapore Management University17 words
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WORLD
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746 2011-12-01 18 Banks will have to pay into national funds to help cover costs of bank failure Bloomberg [BRUSSELS] Owners of long-term unsecured debt in a collapsing bank would be first in line to take losses under draft plans from the European Union (EU) toBloomberg - 746 words
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Article, Illustration524 2011-12-01 18 AFP [MADRID] With hundreds of people queueing in the cold to buy lottery tickets, Spaniards’ favourite form of Christmas spending is thriving despite and because of economic hardship. “Even though there’s a crisis, you always hope that you’ll get lucky,” says EsterAFP - 524 words
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425 2011-12-01 18 Silver Lake’s offer values Yahoo at US$20.6b: sources Bloomberg [SAN FRANCISCO] A group of investors led by private equity firm Silver Lake offered to buy a minority stake in Yahoo! Inc for about US$16.60 a share, according to people with knowledgeBloomberg - 425 words
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523 2011-12-01 18 It’s capitalising on investors’ appetite for safe havens amid euro woes Reuters [DUBAI] Qatar, the world’s biggest natural gas exporter, has raised US$5 billion with its first sovereign bond issue in two years, capitalising on investors’ appetite for safe havens as theReuters - 523 words
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375 2011-12-01 18 Reuters [LONDON] The European Union yesterday proposed to inject more competition into an audit market dominated by the so-called “Big Four” and address shortcomings highlighted by the financial crisis. “Investor confidence in audit has been shaken by the crisis andReuters - 375 words
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336 2011-12-01 18 AP [TOKYO] Japan’s factory production rose in October for the first time in two months as auto and machinery makers expanded output while bracing for global headwinds. Factory production in October rose 2.4 per cent from the previous month, the government said yesterday.AP - 336 words
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Article, Illustration615 2011-12-01 19 Their surprise measures include boosting dollar liquidity, lowering cost of existing swap lines Reuters [LONDON] Stock markets surged as the world’s major central banks acted jointly yesterday to provide cheaper dollar liquidity to starved European banks facing a credit crunch as the eurozone’s sovereignReuters; BLOOMBERG - 615 words
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519 2011-12-01 19 CONRAD TAN - By CONRAD TAN [SINGAPORE] The recordhigh interest rates that eurozone governments are now forced to pay on their debt exaggerate the real risk of default, a top French central bank official said yesterday. The eurozone’s fundamentals are strong, and countries such as Italy, Spain and Portugal519 words
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643 2011-12-01 19 Analysts see turmoil as likely trigger for new US recession AFP [WASHINGTON] US President Barack Obama can do little but watch and wait, hoping that a European debt crisis does not leap the Atlantic and doom the fragile US recovery on whichAFP - 643 words
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Article, Illustration732 2011-12-01 19 But they fail to agree on increasing size of bailout fund AP [BRUSSELS] Eurozone ministers finally handed Greece an eight billion euro (S$13.9 billion) rescue loan to fend off its immediate cash crisis yet failed to resolve overall fears about the viability ofAP; BLOOMBERG - 732 words
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Page 19 Advertisements
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Advertisement102 2011-12-01 19 vi *r s\ W; en m ■SB I US i«~ ■■S !fii ,4 S gii-. a N. d'H HOTLINE: 9339 0313 Estimated monthly installment based on 80% Bank loan of 2% for 25 years CENTRAL-LINK BUKIT MERAH A Rare Business Development at CBD Fringe High Rental Yield of 6% Capital102 words
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EDITORIAL & OPINION
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Article480 2011-12-01 20 EDITORIAL ONE area which has not been addressed in Singapore by any regulatory review or governance code revision is executive pay. The subject is important because in other countries such as the US, it is thought that inordinately high salaries paid to chief executive480 words
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Article, Illustration668 2011-12-01 20 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group IF you’ve followed Europe’s debt crisis, you probably noticed that on Monday, the rating agency Moody’s issued a new report warning of the “rising severity of the euro area sovereign crisis”. Ho hum.The Washington Post Writers Group - 668 words
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Article, Illustration1056 2011-12-01 20 JONATHAN STORY - Whether the euro stays or breaks up, dynamism can return to Europe By JONATHAN STORY The writer is Emeritus Professor of International Political Economy, INSEAD ASIAN investors are withdrawing from German bunds, fearful that the German government may be loaded with European CentralREUTERS - 1,056 words
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Article, Illustration975 2011-12-01 21 ANTHONY ROWLEY - Even as the Olympus affair plays out, there is a subtext to the nature of change and reform in the country ANTHONY ROWLEY Tokyo Correspondent IF you are Japanese and wish to bring about change or reform, then what you should not do is to suggestBLOOMBERG - 975 words
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Article, Illustration926 2011-12-01 21 LEON HADAR - LEON HADAR Washington Correspondent IN THE same week in November that US President Barack Obama was hosting a summit of East Asian leaders in Honolulu, Hawaii, a new film starring George Clooney as a Honolulu attorney and trustee of his family’s ancestralAP - 926 words
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661 2011-12-01 21 Tim Turtle - LETTER TO THE EDITOR Tim Turtle San Francisco California I REFER to the commentary “Don’t let Reits be the next wave of governance lapses” by Wong Wei Kong (BT, Nov 15) and the letter “Tie Reit managers’ pay to DPU, valuations” (BT, Nov 16)661 words
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AVIATION
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Article, Illustration515 2011-12-01 22 PAULINE NG - Analysts say it will make KLIA2 a world-class airport, yielding better value By PAULINE NG in Kuala Lumpur THE additional facilities and amenities being planned will transform KLIA2 into a world-class airport, yielding better value over the longer term, say analysts.BLOOMBERG - 515 words
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362 2011-12-01 22 Reuters [ABU DHABI] Political barriers must be knocked down if consolidation among Arab airlines is to take place, a move that could shore up their profits expected to suffer due to Arab Spring protests, top aviation industry officials said on Tuesday. “It is anReuters - 362 words
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Article, Illustration514 2011-12-01 22 Bloomberg [BRUSSELS] European Union plans to impose curbs on carbon-dioxide emissions by international airlines as of 2012 drew fire from countries including China, Venezuela and Japan, marking a new stumbling block at a climate summit this week. The EU measureBloomberg; BLOOMBERG - 514 words
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692 2011-12-01 22 Reuters [DALLAS] Boeing could be at a disadvantage to Airbus because the bankruptcy of AMR Corp, the parent of American Airlines, places up to US$40 billion of jet orders at the mercy of a US bankruptcy court, lawyers and bankruptcy experts said. It facesReuters - 692 words
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178 2011-12-01 22 Bloomberg [MELBOURNE] Qantas Airways and Japan Airlines (JAL), partners with AMR Corp’s American Airlines in the Oneworld alliance, said their services are unaffected by the US company’s bankruptcy filing. Qantas passengers booked on American Air-lines-operated services with shared flight codes won’t beBloomberg - 178 words
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Page 22 Miscellaneous
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Miscellaneous314 2011-12-01 22 CRYPTIC CROSSWORD Across 5 Head of State got rid of expert (7) 7 An attempt to bring shame (5) 9 Whiskery beast was outside front of local before game (6) 10 Around spring grass is growing (8) 11 Summer ending in debauchery after tea and wine (10) 13 Meadow has314 words
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Page 23 Advertisements
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Advertisement23 2011-12-01 23 Experienced ship maintenance services wanted, Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II23 words
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Advertisement10 2011-12-01 23 -THE BUSINESS TIMES SHIPPING TIMES CALL JOE WONG AT *****32710 words
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SHIPPING
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3085 2011-12-01 23 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination3,085 words
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546 2011-12-01 24 However sector is set to see more turmoil in the coming months Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates to ship dry commodities, rose for a second session on Tuesday helped by firmer bookings on the larger capesizes. Nevertheless,Reuters - 546 words
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311 2011-12-01 24 Bloomberg [PERTH] Fremantle Ports, which operates the harbour servicing Western Australian state capital Perth, said a planned 48-hour strike from today may affect A$144 million (S$186 million) worth of trade. About 34 shipping movements, including container ships, general cargoBloomberg - 311 words
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Article, Illustration361 2011-12-01 24 Bloomberg [LONDON] A glut of supertankers competing to load two million-barrel cargoes of crude oil in the Persian Gulf expanded, a survey showed. There are 17 per cent more very large crude carriers, or VLCCs, available for hire over the next 30 days thanBloomberg; BLOOMBERG - 361 words
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361 2011-12-01 24 The firm is interested in buying two or three Panamax vessels Bloomberg [LONDON] Knightsbridge Tankers Ltd may sell two of its four supertankers and invest in drybulk shipping, betting returns from hauling coal and iron ore will rebound before those forBloomberg - 361 words
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Article278 2011-12-01 24 SGX '000 Nov 30 S$ +/-Vol CH Offshore 0.40 0.04 59 Chuan Hup Hldg 0.20 -0.01 1 Cosco Corp 0.88 0.01 8585 CWT Ltd 1.01 unch 72 Ezra Hldgs 0.87 0.05 6396 First Ship Lea 0.29 unch 570 Freight Links 0.06 unch 495 Grand Banks unch unch 0278 words
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Page 24 Advertisements
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Advertisement27 2011-12-01 24 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 132727 words
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Advertisement34 2011-12-01 24 USE THIS SPACE TO SELL, CALL JOE WONG AT 9620 1327 TO ADVERTISE. THE BUSINESS TIMES SHIPPING TIMES Legal services required by shippers owners Can they find your services here in the Shipping Times?34 words
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Advertisement20 2011-12-01 24 Choose from Prime Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Tenders Auctions Notices WAT3 I NOTICES <20 words
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SINGAPORE STOCKS
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Article7938 2011-12-01 25 Transaction date: Nov 30 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 11.6 8Telecom 15.5 8 13.8 7.8 3.9 3.2 74.2 9.5 4.1 A-Sonic 4.4 -0.1 10 4.4 4.4 4.1 4.47,938 words
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Article1574 2011-12-01 26 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 34 12.2 t 800 Super 12.7 12.1 13.5 4.7 4.3 4.9 22.7 5.5 2.5 t AA Grp 3.3 2.7 3.2 15.7 3.2 200 981,574 words
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Article10091 2011-12-01 26 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.14/ APS Alpha Fund (USD)!** 0.88/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.58/ Aberdeen Asset Mgt Asia Limited American Opp 0.6051/ Asian Credit Fund10,091 words
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Article250 2011-12-01 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 55.5 34 AVJennings A34 35 43.5 3.6 10.3 2.7 88.5 49 25.5 Genting HK US$ US28 unch 5131 28.5 27.5 27.5 28 1843.7 15 10 OGL Resources250 words
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Article862 2011-12-01 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 108 ABF SG Bond ETF 117 116.5 117.5 534.1 1261 856 CIMBAsean40 100US$ US945 +27 13 945 933 935 945 37.8 ***** ***** DBXT AUD862 words
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FINANCE & COMMODITIES
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373 2011-12-01 27 In local curr In S$ In US$ dy yr dy yr dy yr Nov 29 Index Change Change Change Change Change Change World Preliminary 800.7 0.8 -10.8 0.6 -9.7 1.0 -10.7 EAFE Preliminary 663.4 0.8 -17.2 0.8 -15.8 1.1 -16.7 Europe Preliminary 981.0 0.4 -16.1373 words
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Article77 2011-12-01 27 CRUDE OIL PRODUCTS Nov 29 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 110.49 1.97 WTI (Near Mth) 99.78 2.06 Dubai (1-Mth F) 107.04 0.59 Tapis blend 118.07 1.40 Minas 115.47 1.90 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 95.58 0.80 Jet Kerosene 124.35 -0.69 US$/barrel Opec Oil77 words
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Article107 2011-12-01 27 Nov 29 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 12 1125.00 1121.00 1138.50 1115.00 Mar 12 1135.00 1131.00 1148.00 1125.00 May 12 1144.75 1140.75 1157.50 1134.50 Jul 12 1154.00 1150.00 1166.75 1143.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 11 49.81107 words
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Article81 2011-12-01 27 Nov 30 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 01.03.2012 0.32 1-Year BY*****W 01.11.2012 0.31 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.21 103.28 103.26 5-Year N*****0W 1.125 01.04.2016 102.35 102.38 102.3881 words
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Article451 2011-12-01 27 Nov 30 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec11 99.4025 0 3256 Mar12 99.2650 0 3380 Jun12 99.2250 0 1201 Sep12 99.2100 0 650 EUROYEN TIBOR FUTURES Dec11 99.6625 99.6625 99.6625 99.6650 0 3632 Mar12 99.6550 0 1937 Jun12 99.6575 0 1440 Sep12 99.6550 0451 words
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Article, Illustration135 2011-12-01 27 As on 29 November 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METALS GOLD FUT FEB2012 1720.90 1709.10 1719.10 196 SILVER FUT MAR2012 32.015 31.565 31.960 23 CURRENCY AUD-USD FUT DEC2011 1.0045 .9859 .9994 2264 EUR-USD FUT DEC2011 1.3431 1.3295 1.3325 6642 GBP-USD FUT135 words
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Article158 2011-12-01 27 Nov 30 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Dec 11 324.5 323.5 323.5 7 460 Jan 12 326.6 333 Feb 12 328.0 328.0 328.0 36 203 Mar 12 337.0 297 Apr 12 347.8 347.8 343.9 8158 words
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Article71 2011-12-01 27 Nov 29 Nov 29 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1984.25 2017.25 3 months 1996.00 2026.00 Copper, Grade A (US$/tonne) Cash 7464.50 7471.00 3 months 7490.00 7495.00 Lead (US$/tonne) Cash 2010.50 2003.75 3 months 2031.00 2025.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)71 words
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Article81 2011-12-01 27 Nov 29 COCOA (£/tonne) Close Prev High/Low Dec 11 1460 1488 1490/1449 Mar 12 1483 1516 1516/1473 May 12 1499 1532 1532/1490 Jul 12 1514 1548 1548/1506 COFFEE (US$/tonne) Close Prev High/Low Nov 11 1944 1913 Jan 12 1950 1915 1954/1914 Mar 12 1983 1952 1987/1950 May 12 201181 words
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2187 2011-12-01 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 55 49.00 30 ASJ Hldgs W*****1 0.1 1 4 24 33.00 3 AlliedTech W*****2 1.7 1 4 24 Ascendas Reit.ES.1111 203 Aztech Grp W*****3 0.22,187 words
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Article464 2011-12-01 27 Nov 30 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.031 6.351 0.751 7.759 52.169 91.356 0.777 11.413 3.164 1.313 88.313 43.476 1.293 8.402 0.920 30.219 31.083 0.641 0.996 Canada 0.970 6.159464 words
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Article82 2011-12-01 27 Nov 30 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths82 words
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Article145 2011-12-01 27 Nov 30 GOLD (US$/oz) Nov 30 Nov 29 Hong Kong 1710.00 1708.00 Nov 29 Nov 28 London 1708.70 1713.35 1709.45 1714.35 Source: Thomson Reuters Source: Reuters CAST BAR Nov 30 (S$) Selling Buying Kilobar 76,763.94 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 172 72 5gm 488 358145 words
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Article57 2011-12-01 27 Nov 30 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 11 3057 3000 3057 2969 735 1671 Jan 12 3077 3012 3088 3012 1818 ***** Feb 12 3075 3018 3088 3011 9934 ***** Mar 12 3080 301057 words
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Article24 2011-12-01 27 Nov 30 Open High Sett STI Dec 2694 SIMSCI Dec 305.6 307.2 305.7 Taiwan Dec 248.5 249.6 246.4 Source: SGX Derivatives24 words
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Article154 2011-12-01 27 Nov 30 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2922 1.2936 0.9961 0.9964 Canadian dollar 1.2531 1.2548 0.9659 0.9665 Euro 1.7218 1.7234 1.3272 1.3274 NZ dollar 0.9839 0.9853 0.7584 0.7589 Sterling pound 2.0167 2.0186 1.5545 1.5548154 words
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Article20 2011-12-01 27 Nov 30 S$ Bid Offer 1-month 1.2973 1.2983 2-months 1.2972 1.2982 3-months 1.2968 1.2979 6-months 1.2945 1.2960 Source: OCBC20 words
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Article121 2011-12-01 27 As at 9am Nov 30 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.329 1.266 Can dollar 1.279 1.23 Euro 1.758 1.691 Sterling pound 2.06 1.981 NZ dollar 1.016 0.968 US dollar 1.316 1.266 Local dollars to 100 units of foreign121 words
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Article154 2011-12-01 27 Nov 30 $S Offer Bid 0vernight 0.01 par 1-month 5/16 3/16 2-months 5/16 3/16 3-months 5/16 3/16 Overnight mode: 0.05 US$ Offer Bid 7 days 0.30 0.20 1 month 0.50 0.30 2 months 0.55 0.35 3 months 0.65 0.45 6 months 0.85 0.65 9 months 1.05 0.85 12154 words
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BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
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480 2011-12-01 28 AMIT ROY CHOUDHURY - Need to cut costs, raise productivity to drive automation By AMIT ROY CHOUDHURY DESPITE the volatility in the global economy, manufacturers in the Asia-Pacific region are expected to continue to look at IT solutions to boost operational efficiencies and mitigate supply chain risks480 words
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146 2011-12-01 28 AFP [PARIS] Apple could overtake Hewlett-Packard next year as the world’s top personal computer maker, HP’s chief executive Meg Whitman said in an interview with a French newspaper. If one includes tablet computers, then Apple could overtake HP in 2012, theAFP - 146 words
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Article, Illustration594 2011-12-01 28 VICTORIA HO - Many enterprises here still have misgivings about security, reports VICTORIA HO COMPANIES are steadily overcoming their concerns about cloud computing, although they might not admit this. In an analyst briefing, Frost Sullivan vice-pres-ident of ICT research, Andrew Milroy, said there persists the opinion among594 words
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Article, Illustration604 2011-12-01 28 Reuters [SYDNEY] An Australian court yesterday reversed a ban on the sale of Samsung Electronics Co Ltd’s Galaxy tablet computers in the country, handing it a rare victory against rival Apple Inc in the firms’ intensifying global patent war. Samsung welcomed theReuters; AP FILE PHOTO - 604 words
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312 2011-12-01 28 Reuters [BEIJING] Microsoft Corp and US mobile engineering firm AgreeYa Mobility on Tuesday signed an agreement to allow corporations and other users to connect to Microsoft services from a variety of computing platforms, including phones and tablets running Apple Inc’s iOS and GoogleReuters - 312 words
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Page 28 Advertisements
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Advertisement74 2011-12-01 28 GRAB YOUR YEAR-END BUMPER ISSUE NOW! GUIDE TO GEAR: BUY SOME HAPPINESS! 100% B Mens Our Biggest Issue Ever! REDEFINE YOURUMITS! 'K. PC 142 106NEWM0VEST0 GETLEAN THE BEST CES PG64 AT WH GET A BODY LIKETHIS NUNDER 30MINS! 11! ill RIOTOUS SEX EVERY NIGHT! PGiie EXTRA WITH THIS ISSUE! "MEN'S74 words
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Advertisement18 2011-12-01 28 VOTE for your favourite restaurant and you could win a 42-inch Smart TV! Findoutmoreatwww.asiaone.com/pca Platinum Sponsor Gold Sponsor18 words
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PROPERTY
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Article, Illustration931 2011-12-01 29 Lenders divided over move to hold back loans if prices top mortgage lending value Bloomberg [COPENHAGEN] Denmark’s homeloan industry, the world’s biggest issuer of mortgage-backed covered bonds, is looking to Germany to avoid a repeat of the housing bubble that sentBloomberg; AFP - 931 words
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1367 2011-12-01 29 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED One Shenton Apt 08/11/2011 99 1141 1900 1665 One Shenton Apt 03/11/2011 991,367 words
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842 2011-12-01 30 KALPANA RASHIWALA - It is expected to develop a retail and condo project on the leasehold site By KALPANA RASHIWALA A COMMERCIAL and residential site that will be integrated with three transportation nodes the Bukit Panjang LRT and MRT stations and a bus interchange attracted842 words
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280 2011-12-01 30 Bloomberg [BEIJING] China’s policy “fine-tun-ing” doesn’t mean credit controls will be loosened and people shouldn’t hope for a reversal of curbs on the property market, central bank adviser Xia Bin said. Fine-tuning “will target areas where the financial system isn’t giving effectiveBloomberg - 280 words
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Article, Illustration297 2011-12-01 31 MINDY TAN - 577-unit project consists of both condominium and strata houses By MINDY TAN THE 577-unit Archipelago Bedok Reservoir, a project which boasts a combination of both condominium and strata houses, is expected to preview tomorrow. The development will be launched in phases; the first297 words
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550 2011-12-01 31 Bloomberg [DUBLIN] Irish homes may sell for as little as 21,000 euros (S$36,500) today as owners dispose of foreclosed properties in the country’s biggest residential auction. Houses on sale by Dub-lin-based broker Space and the UK’s Allsop LLP include a four-bedroom logBloomberg - 550 words
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Article215 2011-12-01 31 SINGAPORE-BASED developers and projects won eight awards at the inaugural 2011 South East Asia Property Awards. Far East Organization won two awards for being the best developer in Singapore and also in South-east Asia. UOL Group’s Nassim Park Residences also picked up two awards. It was215 words
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716 2011-12-01 31 Reuters [HONG KONG] Property firm Hysan Development Co expects an 8-9 per cent rise in commercial rents in Hong Kong’s Causeway Bay district, where its portfolio is concentrated, bucking a decline in Central, the most expensive part of the territory toReuters - 716 words
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Page 29 Advertisements
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Advertisement40 2011-12-01 29 Reach out to prime international and local tenants Savills Retail Lifestyle Leasing Savills has over 200 offices and associates worldwide to meet all your real estate needs, anywhere in the world. Call 6836 6888 I savills.com savills AGENCY NO. L*****88B40 words
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Advertisement430 2011-12-01 30 0 &>• -1 f r* 10% DOWNPAYlJpNT* No further payment until v< Up to 75% financing available 'Subject to terms conditions. 4* WAVERLEY PARK MELBOURNE SIX STAR LIVING 10 mins to Monash University Glen Waverly 12 mins to Chadstone Shopping Centre Close proximity to 2 main Freeways, M1 and East430 words
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Advertisement138 2011-12-01 30 RADIUS INTERNATIONAL HOTEL, AN EXCELLENT INVESTMENT CHOICE A458-room hotel located within Kuala Lumpur's most prominent retail and entertainment belt. Knight Frank 12 CO o Chulan Plaza i RADIUS INTERNATIONAL HOTEL Starhill Gallery jXJ" KLPlaza Lot 10 BUKIT BINTANG flBP Monorail Sta^^^P mJ Sungei Wang Plaza *BB Plaza L °Pla V138 words
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Advertisement91 2011-12-01 30 For Sale by Tender (53C Lor 17 Geylang) 2 blocks single-storey detached factory on 2 land parcels Land Area Approx 2,378 sm (25,596 sq ft) Zoning Part Residential Part Business 1 Tenure Estate in Fee Simple Walking distance to Aljunied MRT Tender Closing: 15 Dec 2011 (Thur), 3pm Chan Leiling91 words
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Advertisement105 2011-12-01 30 New Exclusive Projects y Rare gem Jalan Sultan, 2 Storey with Mezzanine 15 units Conservation Shop houses fully restored 99 Leasehold (Build-in 32,993sqft, Land 15,196sqft) y Selling Enbloc with land and building y Suitable for Retail, Office, F B and Hotel Call Billy 9230 9575 for more details. www.billyong.com R*****6E105 words
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Advertisement322 2011-12-01 31 RESIDENCE Wilby Central *****888 Wilby Bukit Timah *****505 1, WILBY CENTRAL Newly Refurbished Serviced Apartments Studio 2-Bedrooms Modern Decor with High Tech Features 5 minutes' walk to MRT Stations/ Shopping Malls Complimentary shuttle bus service to Orchard Road/Newton/Holland Village Complimentary broadband internet service local calls For more information, visit www.wilbyresidences.com322 words
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Page 32 Advertisements
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Advertisement196 2011-12-01 32 G A R I J ■H mt sa» o V •j W. I v\ >2 1 v\ y m V o •<£ i I k ,i O Si A o O vN CD J < o i 0 i «s V t^3! %jMrrr cr r inigit«r Cb > <o 2S£S»196 words
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