The Business Times, 31 October 2013

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Total Pages: 44
1 16 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Thursday, October 31, 2013
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  • 838 1  -  Pontiac to develop condo in NY; GIC Real Estate acquiring office tower in Jakarta By KALPANA RASHIWALA kalpana@sph.com.sg [SINGAPORE] Two major overseas property investments were announced by Singapore groups yesterday one by Pontiac Land Group in New York City and the other by GIC’s
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  • 724 1  -  By KENNETH LIM kenlim@sph.com.sg [SINGAPORE] Singapore Exchange (SGX) has found “no threat to fair, orderly and transparent trading” in the sharp drop of Sky One Holdings stock earlier this week. In contrast, a review of trading in Asiasons Capital, Blumont
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  • MARKETS DIGEST
    • 65 1 GST INDEX 3,230.44 (+21.62) GST INDEX FUTURES 3,230.00 (+21.00) GSIMSCI 372.48 (+3.11) GSIMSCI FUTURES 373.20 (+2.90) US$ S$ US$ (S$ per US$) 1.239 (US$/S$ per 1.604 1.987 EURO (US$/S$/€ 1.374 1.702 Foreign currency per US$ S$ YEN 98.30 79.30 RM 3.151 2.543 HK$ 7.753 6.258 BAHT 31.09 25.09 RUPIAH
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    • 49 1 Wednesday Change KL COMP 1,817.38 +1.73 NIKKEI 225 14,502.35 +176.37 HANG SENG 23,304.02 +457.48 SET INDEX 1,431.12 -24.74 JAKARTA COMP 4,574.88 +12.11 MANILA COMP 6,597.21 +53.75 SEOUL COMP 2,059.58 +7.82 SHENZHEN B 838.60 +13.38 MUMBAI IND 21,033.97 +104.96 12 noon EDT Change DOW 15,653.96 -26.39 NASDAQ 3,939.34 -13.00
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    • 22 1 SINGAPORE 5.38 MALAYSIA HONG KONG HONG KONG 5.00 TAIWAN 14.592 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 INDIA 0.50 Source: Bloomberg
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  • Page 1 Advertisements
    • 128 1 WHO’S WHO IN ISKANDAR 16-page special on world-class living in Iskandar Malaysia COURT CASE Singapore firm turns to High Court for protection against PNG govt PAGE 2 CORPORATE RESULTS China Minzhong Q1 profit tumbles 60% PAGE 6 FOCUS 3-page special on World Entrepreneurship Forum PAGES 15-17 MASTER TOURBILLON DUALTIME. Jaeger-LeCoultre
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  • TOP STORIES
    • 327 2 S’pore firms unveil overseas investments TWO major overseas property investments were announced by Singapore groups yesterday one by Pontiac Land Group in New York City and the other by GIC’s property arm in Jakarta. FRONT PAGE No threat to fair trading in Sky One SINGAPORE Exchange has found
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    • 1042 2  -  New registrations keep pace with 2010-12 economic growth: study By MALMINDERJIT SINGH msingh@sph.com.sg [SINGAPORE] The pace of new company formations in Singapore during *****012 correlated with the healthy growth of the economy, and the Internet and digital industries showed the greatest surge. According
      BT Graphics; Source: Accounting and Corporate Regulatory Authority  -  1,042 words
    • 791 2  -  It seeks to nullify board sacking, safeguard US$1.4b By GRACE LEONG gleong@sph.com.sg [SINGAPORE] A Singapore non-profit has invoked Singapore laws to nullify the purported sacking of its entire board including a prominent corporate figure by the government of Papua
      FILE PHOTO  -  791 words
    • 499 2  -  It’ll have to vie with other firms for use of facility: Iswaran By RONNIE LIM ronnie@sph.com.sg [SINGAPORE] Temasekowned Pavilion Energy will not have guaranteed access to the Singapore LNG (SLNG) terminal and will have to vie with other industry players, including international
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    • 535 4  -  They are also getting more upbeat about their job prospects and personal finances By KELLY TAY kellytay@sph.com.sg [SINGAPORE] While Singaporeans may be getting more upbeat about their job prospects and personal finances, consumer confidence levels here still fall on the side of
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    • 615 4  -  Its goal is to raise earnings of 100,000 low-wage workers By CHUANG PECK MING peckming @sph.com.sg [SINGAPORE] The labour movement will have a very busy year ahead. With only a year to go before the deadline for its 2015 vision of “Better Jobs
      PHOTO: JOSEPH NAIR/THE STRAITS TIMES  -  615 words
    • 744 4  -  S’poreans estimate they’ll be 7 years or about $250K short By GENEVIEVE CUA gen@sph.com.sg [SINGAPORE] A retirement savings shortfall of an average of six years looms in key Asian countries, as most pre-retirees are either not planning at all or planning too late. Even
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    • 446 4  -  By SIOW LI SEN lisen@sph.com.sg [SINGAPORE] Clifford Capital has priced its maiden bond issue US$300 million five-year notes the first-ever US dollar bond issue guaranteed by the Singapore government. As such the notes achieved tight pricing and were hotly sought after, said Jason Khoo,
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  • Page 2 Advertisements
    • 167 2 BUSINESS OPPORTUNITIES We are a well-established SME specialising in the manufacturing of semiconductor equipment LED, front line equipment and custom-designed equipment. With over 20 years of skilled precision engineering experience, an incredibly talented and strong team of engineers, a reasonably sized workforce, and an excellent reputation and sound track record
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  • Page 3 Advertisements
    • 101 3 MOMENTS OF INSPIRATION WEEKS OF STORYTELLI NG k. r I I K EXCHANGING IDEAS HOURS OF CRITIQUE 7 .5 ,:‘T L-v% j. i 3 Hi y 7 'v > One year can inspire a lifetime. The Rolex Mentor and Protege Arts Initiative gives promising young artists a year with a
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  • Page 4 Advertisements
    • 137 4 Now On! 31 Oct 3 Nov 2013 SUNTEC Singapore, Level 6 (Halls 601, 602, 603, 604, 605) 12pm 9pm DAILY FREE ADMISSION www.ceeshow.sg/about Hot deals for mobile, broadband and tv services from M1, MyRepublic, SingTel, StarHub and ViewQwest as well as I.T. products from key players. SPIN YOUR WAY to
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  • Page 5 Advertisements
    • 125 5 Artful Luxury Redefined Olympic length swimming pool with Cabanas Clubhouse and Residence Concierge, managed by Capella Singapore Spacious residence with double-volume balcony Location, Privilege and Provenance Ardmore Residence, a new luxury residential development by Pontiac Land Group. The exclusivity of urban living, complemented by lush tranquility and security. 4-bedroom residences,
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  • COMPANY NEWS
    • 558 6  -  Net margin dives to 7.6% from 19.8%; higher operating costs cited By LEE MEIXIAN leemx@sph.com.sg CHINA Minzhong, the vegetable processor which came under fire by shortseller Glaucus Research late in August, yesterday posted a 60 per cent plunge in net profit to 48.4 million
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    • 547 6  -  By MINDY TAN tanmindy@sph.com.sg CAPITAMALLS Asia (CMA) posted a net profit of $64.8 million for the third quarter ended Sept 2013, up 4 per cent over the $62.4 million posted a year ago. Its revenue, however, fell 10.1 per cent to $91.8 million, from
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    • 483 6  -  BY ANDREA SOH sandrea@sph.com.sg INDOFOOD Agri Resources’ earnings dived 52 per cent in the third quarter due to the twin pressures of lower selling prices and higher production cost, making it four quarters in a row of lower earnings. Net profit for the Ju-ly-September quarter
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    • 309 9  -  Help from higher revenue, lower forex losses By NISHA RAMCHANDANI nishar@sph.com.sg EU YAN SANG International chalked up a net profit of $1.43 million for the first quarter ended Sept 30, 2013, thanks to higher revenue contributions and lower foreign exchange losses, up
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    • 374 9  -  By KENNETH LIM kenlim@sph.com.sg BATTERED investment firm Asiasons Capital plans to take a $25 million convertible loan facility from two of its key directors as a source of standby capital, it was announced yesterday. Draw-downs on the four-year facility will incur annual
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    • 219 9  -  By LEE MEIXIAN leemx@sph.com.sg EZRA Holdings’ subsea services and offshore support services divisions Emas AMC and Emas Marine have secured projects worth US$110 million. These projects will be carried out in the Gulf of Mexico and the Asia-Pacific region, the offshore services group
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    • 521 9  -  Firm turns in FY net of $57m, thanks to gains on revaluation of properties By R SIVANITHY sivan@sph.com.sg PROPERTY and retail group Second Chance Properties (SCP) yesterday reported a record net profit of $57 million for the year ended Aug 31, thanks mainly to profit
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    • 441 10  -  It’s also sponsoring app development contest for Ngee Ann Poly students By JOYCE HOOI joyceh@sph.com.sg EVEN as SingTel and StarHub slug it out over consumer apps, M1 is tunnelling further into the app market for businesses with a lab that it launched yesterday. The
      FILE PHOTO  -  441 words
    • 512 10  -  By MINDY TAN tanmindy@sph.com.sg CDL Hospitality Trust (CDLHT) has posted a distribution per stapled security of 2.64 cents for the third quarter ended September, down 2.9 per cent from 2.72 cents a year ago. This was on the back of a 2.2
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    • 379 10  -  By ONG CHOR HAO By ongch@sph.com.sg PROPERTY developer and hotel operator Fragrance Group’s third-quarter earnings fell 3.7 per cent to $22.8 million, from $23.7 million a year earlier, despite registering higher gross profits. For the three months ended Sept 30, 2013, earnings per share
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    • 421 10  -  Net falls to $5.8m on lower revenue from sale of redevelopment properties By LISA LEE lisalcc@sph.com.sg PROPERTY developer Tuan Sing Holdings posted a 52 per cent year-on-year decline in third-quarter net profit to $5.8 million, on lower revenue from the sale of development properties.
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    • 307 10  -  By MALMINDERJIT SINGH msingh@sph.com.sg SINGAPORE Post (SingPost) reported an 8.5 per cent increase in its second quarter profit yesterday to $35.7 million on the back of strong growth across all segments, especially in e-commerce. Revenue surged 32.6 per cent for the three months
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    • 392 10  -  Revenue down 10%; APL’s revenue slides 13% to US$1.7b By MALMINDERJIT SINGH msingh@sph.com.sg NEPTUNE Orient Lines (NOL) reported a decline in third-quarter net profit of 60 per cent to US$20 million on the back of lower freight rates and volume. This was US$30
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    • 270 10  -  By ONG CHOR HAO ongch@sph.com.sg IN its first set of earnings since listing in mid-August, Soilbuild Business Space Reit posted a better distribution per unit (DPU) than expected, on the back on steady performances from its key drivers. The payout of 0.76
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    • COMPANY BRIEFS
      • 52 10 CREATIVE Technology posted a net loss of US$5.54 million for its fiscal first quarter, 24 per cent more than the US$4.46 million loss a year earlier. Turnover fell 15 per cent to US$30.4 million. Loss per share was 8 US cents, up from 6
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      • 74 10 PURE Beauty Investments’ voluntary offer for Singapore Medical Group has been declared unconditional. This comes after acceptances hit 42.14 per cent, which together with shares owned, controlled or agreed to be acquired by Pure Beauty and any person acting in concert with it, makes
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      • 78 10 SINGAPORE-BASED upstream energy group Loyz Energy announced yesterday that it has drawn first oil in North Dakota and Colorado in the US, where it is currently far progressed into the first leg of its well-drilling campaign. The announcement comes just over a
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      • 98 10 YONGNAM Holdings issued a warning yesterday that it is expected to record an operating loss for its third quarter, notwithstanding a healthy increase in revenue. This is mainly due to cost overruns from three on-going projects which pared operating margin to new lows and a
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      • 47 10 COSCO Corporation announced yesterday that its Guangdong shipyard had completed and delivered a bulk carrier of 57,000dwt, named Greener, to its Asian buyer. The bulk carrier measures 189.99 metres in length, 32.26 metres in breadth and 18 metres in depth.
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      • 61 10 TIANJIN Zhong Xin Pharmaceutical Group posted a 6 per cent drop in net profit for its third quarter to 48 million renminbi (S$9.7 million) due to the disposal of a subsidiary and decrease in share of profits from an associated company. Revenue for
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  • Page 6 Advertisements
    • 1820 6 SINGAPORE PRESS HOLDINGS LIMITED Incorporated in Singapore. Co. Reg. No. *****2868E NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Ninth Annual General Meeting of Singapore Press Holdings Limited (the “Company”) will be held at The Auditorium, 1000 Toa Payoh North, News Centre, 1st Storey, Annexe Block, Singapore
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  • Page 7 Advertisements
    • 1503 7 SINGAPORE PRESS HOLDINGS LIMITED Incorporated in Singapore Co. Reg. No. *****2868E CHAIRMAN’S STATEMENT The past financial year was a challenging one, with multiple global events impacting the world economy. Singapore’s economy suffered from the adverse developments in Europe and the US, as well as the slowing growth in China. SPH’s
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  • SINGAPORE MARKETS
    • 593 8  -  ST Index advances 21.6 points, but penny stocks continue to retreat STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent THE Straits Times Index yesterday bounced 21.62 points to 3,230.44, as traders positioned themselves for a rally on Wall Street and ahead of a US Federal Open
      Source: Bloomberg  -  593 words
    • 73 8 Oct 30 VALUE CLOSE BT OB/OS 9.00 -52.00 BT CADI -*****.00 -108.00 BT 10-day MA -*****.00 +1.00 FTSE ST Mid Cap 745.83 +1.16 FTSE ST Small Cap 537.53 -2.12 FTSE ST All Share 783.76 +3.95 FTSE ST China Top 204.99 -0.80 FTSE ST China 232.43 -0.89 FTSE
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    • 55 8 VOLUME Sunmoon 731,568,000 ValueMax 206,231,000 Digiland 147,638,000 YHM 145,221,000 HanKore 86,254,000 Innopac 85,247,000 Blumont 76,176,000 Albedo 74,348,000 Golden Agri 74,048,000 Mirach Energy 56,535,000 VALUE($) ValueMax 114,481,680 SingTel 84,753,100 UOB 55,421,234 DBS Grp 53,117,570 Golden Agri 42,519,185 Ezra 37,060,960 HPH Trust US$ 35,148,070 Genting SP 32,982,384 OCBC Bk
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 8 2 0 0 0 5 8 2 Manufacturing 37 68 34 3 15 11 40 83 45 Commerce 15 27 22 1 11 2 16 38 24 Tpt/Stor/Comms 13 14 15
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    • 860 8  -  Compiled by TEH SHI NING Midas Holdings Oct 30 close: $0.485 CIMB Research, Oct 29 WE raise our FY2014-15 EPS to 17-19 per cent above consensus; the market is likely to follow suit. We believe further high-speed rail (HSR) contract wins could catalyse the stock. We maintain “outperform”,
      Source: Bloomberg  -  860 words
    • 121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 23,855 23,855 60,512 60,512 Manufacturing 276,819 72,270 349,089 122,669 3,089 125,758 Commerce 988,378 128,608 1,116,986 77,058 8,467 85,524 Tpt/Stor/Comms 152,859 23,050 175,909 201,192 2,059 203,251 Finance 308,199 1,873 310,072 274,835 688 275,523 Construction 92,599 154,247
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    • 112 8 Stock name Close Change CapMallsAsia 2.050 CapitaLand 3.160 +0.030 CapitaMall 2.020 +0.020 CityDev 10.48 ComfortDelGro 1.915 +0.005 DBS Grp 16.84 +0.140 GLP 3.070 +0.020 Genting SP 1.525 +0.005 Golden Agri 0.580 +0.015 HK Land 6.190 -0.080 HPH Trust US$ 0.745 -0.010 JMH 54.80 +0.300 JSH 33.84
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    • 470 8 CURRENCIES Reu ters [LONDON] The US dollar steadied near an earlier one-week high against a basket of major currencies yesterday, with investors wary of selling it before a post-policy meeting statement from the Federal Reserve. The dollar index stood at 79.541, having touched an
      Reuters; PHOTO: BLOOMBERG  -  470 words
    • 112 8 BY CENTS CLOSE UP IS S&P500 ***** 178.4 0.8 DBXT FTVietnam 10US$ 2402 39.6 1.4 GLD 10US$ ***** 39.6 0.2 JMH 5480 37.2 0.6 Jardine C&C 3652 31.0 0.9 Lyxor MS India 10US$ 1325 31.0 1.9 Hyflux 6% CPS 10 ***** 30.0 0.3 IS LC BND 100S$D 1230 29.0
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    • 125 8 BY CENTS CLOSE DOWN DBXT iBoxxKR 5US$ ***** -200.7 -1.1 DBXT MSTHAI 10US$ 2063 -32.2 -1.2 DBXT S&P Short 10US$ 2719 -16.1 -0.5 PLife REIT 240 -14.0 -5.5 Straits Trdg 366 -12.0 -3.2 DBXT MSINDO 10us$ 1342 -11.2 -0.7 ISDN Hldgs 49.5 -10.5 -17.5 HK Land 619 -9.9 -1.3
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    • 5 8 DAILY
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  • Page 9 Advertisements
    • 1021 9 CLOSES TODAY! A A m s* 8.8% Distribution Yield (Projection Year 2014) VIVA INDUSTRIAL TRUST HIGHEST PROPORTION OF BUSINESS PARK ASSETS AMONG LISTED INDUSTRIAL S-REITS Viva Industrial Trust ("VIT") is a stapled group comprising Viva Industrial Real Estate Investment Trust ("VI-REIT") and Viva Industrial Business Trust ("VI-BT"). VI-BT will be
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  • SINGAPORE NEWS
    • 673 11  -  Panel agrees state capitalism is vital but divestment must be done carefully By ANNA TEO anna@sph.com.sg THE role of government in business and not least whether it should make an exit was revisited at a forum yesterday. The event, held in conjunction
      PHOTO: NG SOR LUAN/THE STRAITS TIMES  -  673 words
    • 287 11  -  By GRACE LEONG gleong@sph.com.sg THE Singapore Management University (SMU) has partnered South Korea’s Yonsei University Law School to set up a dual Juris Doctor (JD) programme to develop more lawyers with expertise in the legal systems of both countries. The joint programme, which was
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    • 465 11  -  First gas deliveries into S’pore and Asia expected in 2018 SINGAPORE INTERNATIONAL ENERGY WEEK Reports by RONNIE LIM ronnie@sph.com.sg SINGAPORE’S new LNG (liquefied natural gas) player, Pavilion Energy, is in business. It has struck its first long-term LNG supply agreement with
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    • 492 11 SINGAPORE will begin selecting a buyer, possibly two, for its next batch of long-term LNG (liquefied natural gas) supplies beyond the current volumes imported by initial aggregator BG Group. Disclosing this at the Gas Asia Summit yesterday, S Iswaran, Minister
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    • 775 11  -  Feng Ming aims to win top BCA grade, step up overseas presence and eventually go public BY CHEN MEISHAN EMILY, SISWANTO TANG, YUNG YING KIT WILSON The writers are students ofNUS Business School TWO-TIME Enterprise 50 (E50) award winner Feng Ming Construction Pte Ltd
      PHOTO: YEN MENG JIIN  -  775 words
    • SINGAPORE ROUNDUP
      • 127 11 PRIVATE education institutions (PEIs) applying for EduTrust certification can now source for insurance from five appointed insurance companies instead of two previously. This is part of changes put forward by the Council for Private Education (CPE) to reduce administrative burdens and compliance
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      • 106 11 TICKET sales for performing arts events have nearly doubled, rising from 700,000 in 2004 to 1.2 million last year, according to the Singapore Cultural Statistics 2013 Report. Total gross takings jumped to $80.6 million in 2012, from $32.8 million in 2004. However, on
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  • MALAYSIA/INDONESIA
    • 691 12  -  Labour, material costs up 10-15%; property launches boost demand By PAULINE NG in Kuala Lumpur HOME prices in Malaysia may not necessarily come down despite the cooling measures unveiled last week. Labour and material costs have risen by 10-15 per cent since June
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    • 380 12 These may include water treatment and power plants: report [PETALING JAYA] Conglomerate YTL Group is actively pursuing infrastructure assets in Johor which may include water treatment and power plants, sources told Malaysia’s The Star. It is understood that among the assets YTL is eyeing
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    • 296 12 It needs revenue from non-oil and gas sectors: govt adviser Bloomberg [SINGAPORE] Indonesia may refrain from a complete ban on mineral-ore shipments in 2014 as the country needs the revenue to offset declining income from the oil and gas industry, said an adviser to
      Bloomberg  -  296 words
  • Page 12 Advertisements
    • 391 12 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Industrial Government Land Sales: Land Parcels at Tuas South Street 10 Plot =>lot Site Information Tuas South Street Location Tuas South Street 10 (Plots 20. 22 24) Land Area 3,036.2 sqm (Plot 20) 3,036.0 sqm (Plot 22) 4,551.2 sqm (Plot 24) Tenure 21 years
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    • 449 12 IN THE SUPREME COURT OF BERMUDA COMPANIES (WINDING-UP) JURISDICTION COMMERCIAL COURT 2013 No. 236 IN THE MATTER OF ZHONG NAN HOLDINGS LIMITED (IN LIQUIDATION) (“the Company") IN THE MATTER OF THE COMPANIES ACT 1981 (“the Act") MOTICE CONVENING FIRST MEETING OF CREDITORS (Under the Winding-Up Order for the Company dated
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    • 409 12 IN THE MATTER OF THE COMPANIES ACT (CAP.50) AND IN THE MATTER OF ASIANA INVESTMENT PTE LTD (In Members’ Voluntary Liquidation) (Co. Reg No. *****0637H) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the member of the abovenamed Company duly convened and held pursuant to Section 179(6) of the
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    • 208 12 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF LIENMORE PTE. LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****7344G NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that, pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the Members
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  • Page 13 Advertisements
    • 216 13 Read On. Move On. Visit us at CONSUMER ELECTRONICS EXHIBITION 2013 WHEN; 31 Oct-3 Nov 2013 12nn 9pm WHERE: Suntec Singapore HALLS 601-605 BOOTH #6528 First 1,000 subscribers get upgraded to the 64GB Microsoft Surface RT! Get news on the move with The Straits Times All-in-One PLUS EXCLUSIVELY FOR NEW
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  • GREATER CHINA/INDIA
    • 1047 14 Civil settlement will see Indian tech outsourcing giant pay record US$34m NYT [NEW YORK] Infosys, the giant Indian technology outsourcing company, has agreed to pay US$34 million in a civil settlement after federal prosecutors in Texas found it had committed “systemic
      NYT; PHOTO: REUTERS  -  1,047 words
    • 482 14 Reuters [HONG KONG] A potential deal for CVC Capital Partners to buy a majority stake in a Chinese restaurant chain highlights a growing willingness by smaller China firms to cede control to foreign private equity amid unfavourable initial public offering (IPO) prospects. London-based
      Reuters  -  482 words
    • 251 14 Reuters [BEIJING] China’s foreign trade is likely to maintain steady growth in the rest of 2013 and next year as the government’s supportive measures help offset external headwinds faced by the world’s second-largest economy, the Commerce Ministry said yesterday. China will
      Reuters  -  251 words
    • 616 14 All those held in connection with the attack have names suggesting they are Uighur Reuters AP [BEIJING] Police announced the arrests yesterday of five people in connection with this week’s suicide car crash in the heart of China’s capital, calling it a planned terror
      Reuters; AP  -  616 words
  • Page 14 Advertisements
    • 75 14 Myanmar Supply Chain Management Conference 2014 4-6 March 2014 Traders Hotel, Yangon www.mscm.sphereconferences.com New Dates, New Pricing! Early bird discounts till 1st Dec 2013. Save up to USD 441 Opening Address by H.E U Nyan Htun Aung, Minister for Transport, Union of Myanmar U Aung MawThein Myanmar Distribution Group w
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    • 36 14 TRADITION IS BACK TANDOOR OFFERS STORIES WITH MEALS The sari gets a helping hand from designers to retain its heritage GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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    • 20 14 Choose from Prime Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Tenders Auctions Notices am ygd NOTICES
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  • WORLD ENTREPRENEURSHIP FORUM
    • 886 15  -  After a decade spent nurturing Singap0re’s start—ups, the Action Community for Entrepreneurship is gearing up for its next phase. reports KAN KWOK LEONG IN 2003, as entrepreneurship emerged as the new buzzword that would drive Singapore’s next stage of economic growth, an alliance was forged
      FILE PHOTO; ST FILE PHOTO  -  886 words
    • 1208 15  -  The need for entrepreneurs and their ideas remains as relevant as ever By TUGRUL ATAMER The writer is executive chairman of the World Entrepreneurship Forum. He is also the vice president and professor of strategic management at EMLYON Business School in Lyon, France. THE World
      PHOTO: WORLD ENTREPRENEURSHIP FORUM  -  1,208 words
    • 2351 16 / 17 THEY may come from all corners of the globe and work in vastly different industries, but the challenges faced by the four successful entrepreneurs in our roundtable discussion are remarkably similar. Whether it’s running a clean energy start-up in Mexico, or an environmental non-profit in China,
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    • 875 16 / 17  -  Nanyang Technological University is taking the lead in educating a new generation of successful local entrepreneurs. reports KAN KWOK LEONG WHILE Singapore’s recent entrepreneurial renaissance has focused on issues such as funding, attracting talent and access to markets, much less attention has been paid to the
      PHOTO: STOCK.XCHNG; FILE PHOTO  -  875 words
    • 868 16 / 17  -  Fadi Ghandour is fostering an entrepreneurial culture in the Middle East By KAN KWOK LEONG IN 1997, the company that Fadi Ghandour founded was listed on the United States Nasdaq stock exchange. Despite having built up Aramex into a global logistics and
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  • WORLD
    • 516 18 Senior StanChart dealer put on leave as regulators look into possible manipulation in foreign exchange markets Bloomberg [LONDON] The US Justice Department is taking a leading role in a global investigation into possible manipulation of the US$5.3 trillion-a-day foreign exchange market, a
      Bloomberg  -  516 words
    • 773 18 Rollout of 4 more bitcoin kiosks across Canada set for Dec Reuters [VANCOUVER] A silver and blue ATM, perched up next to the espresso bar in a trendy Vancouver coffee shop, could launch a new era for the digital currency bitcoin, offering an
      Reuters; PHOTOS: REUTERS  -  773 words
    • 240 18 Norwegian man buys flat in central Oslo thanks to massive appreciation of virtual currency AFP [OSLO] A Norwegian man who purchased US$24 worth of bitcoins and then promptly forgot about it for four years, was able to buy an apartment in central Oslo thanks
      AFP  -  240 words
    • 501 18 Adaptive measures need sustained govt commitment: study AFP [PARIS] Nearly a third of the world’s economic output, some US$44 trillion, will by 2025 be in countries at the highest risk of climate change effects, said research published yesterday. This would
      AFP  -  501 words
    • 755 20 Promise of red-hot valuations, chance to run their own firms attract CEOs Reu ters [NEW YORK] Lured by the promise of red-hot valuations and the chance to run their own companies, the CEOs of many tech start-ups are resisting the urge
      Reuters  -  755 words
    • 453 20 AFP [FRANKFURT] Europe’s battered financial sector is showing tentative signs of healing, even if it is still too early to sound the all-clear, a key ECB survey showed yesterday. Banks are about to ease up on credit conditions and increase the availability
      AFP  -  453 words
    • 544 20 LATEST US DATA Reuters [WASHINGTON] Tepid domestic demand kept inflation benign last month while US private-sector employers hired the fewest number of workers in six months in October, suggesting the economy was still in need of stimulus from the Federal Reserve. The Labor Department
      Reuters; PHOTO: AP  -  544 words
    • 265 20 PwC reaches deal to buy Booz Company AFP [NEW YORK CITY] Accounting giant PricewaterhouseCoopers (PwC) said yesterday it has reached a deal to buy business consultancy Booz Company. PwC did not reveal the financial terms of the acquisition, which will boost its advisory business. Dennis Nally, chairman of PricewaterhouseCoopers International,
      AFP  -  265 words
    • 291 20 BNP Paribas to buy Mongolian portion worth about US$350m Reuters [JOHANNESBURG] South Africa’s Standard Bank Group has agreed to deals to sell its Asian loan portfolio worth around US$1 billion to BNP Paribas SA and others, according to two sources familiar with the
      Reuters  -  291 words
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    • 326 18 CONSCIENCEFOOD HOLDING LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****2581E) NOTICE OFEXTRAORDINARYGENERALMEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Consciencefood Holding Limited (“Company”) will be held at Seletar Country Club, Eagle’s View Room (2nd Level), 101 Seletar Club Road, Singapore *****3 on 25 November
      326 words
    • 8 18 To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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  • Page 19 Advertisements
    • 221 19 Seeking property from Iskandar and beyond? Find close to 1,000 Malaysian property listings from lift STPROPERTY.sg Home in on these choice properties from Iskandar now: h i llil 1 r sB 9 Mi 7* r i VJ Vrt V I* t r S'- ■•t 11^ p V v' r« VA
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  • Page 20 Advertisements
    • 65 20 PG30 FORA U ONCE AND FAIR eR system *oa U >M** THE f HOW* 6 TV* 'Jt w 5DR9 5J K3032 BOXSTIi;,® ag&r asss* OCAN poRS NOW AVAILABLE IN DIGITAL EDITION FOR TABLET AND SMARTPHONES! 50% AFF 1-YEAR DIGITAL Urr SUBSCRIPTION DOWNLOAD TORQUE SINGAPORE ONTO YOUR TABLET OR SMARTPHONE THROUGH
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    • 188 20 German Spanish Korean Japanese Mandarin English Arabic German Spanish Korean Japanese Mandarin English Arabic A Global Education Company Helping The World To Communicate Since 1878 LANGUAGE GROUP LESSONS FOR KIDS ADULTS Kids Group Adults Group Lessons 74 to 8 students per group 18 or 24 lessons Berlitz language workshops for
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  • AVIATION
    • 460 21  -  But global traffic up on strong growth from Latin America, M-E cargo carriers By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] Asia-Pacific air freight carriers which account for nearly 40 per cent of the global cargo market continue to be dogged by weak cargo demand,
      460 words
    • 579 21 Reuters [PARIS] Airbus has kept its 2013 goals for the A380 despite a dearth of orders, but struck a more cautious note for future years, saying it would not on average deliver fewer than 25 which is below the level
      Reuters; PHOTO: REUTERS  -  579 words
    • 251 21 SGX '000 Oct 30 S$ +/-Vol Ch Offshore 0.43 -0.01 467 Chuan Hup Hldg 0.29 unch 1026 Cosco Corp 0.80 unch 1239 Cwt Limited 1.40 unch 102 Ezra Hldgs 1.33 0.05 ***** First Ship Lea 0.09 unch 179 Freight Links 0.11 unch 8357 Grand Banks 0.22 unch 456
      251 words
    • 747 21 Bloomberg [CHICAGO] Boeing Co is in talks with four airlines on orders for its redesigned 777X jetliner valued at as much as US$87 billion ahead of next month’s Dubai Airshow, people familiar with the matter said. The 255 planes under discussion
      Bloomberg  -  747 words
    • 582 21 Planes grounded for more than 3 months after battery fires Bloomberg [TOKYO] ANA Holdings Inc, the world’s biggest operator of the Dreamliner, reached an agreement with the plane’s manufacturer Boeing Co on compensation for grounding the 787s earlier this year after battery fires. ANA,
      Bloomberg  -  582 words
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  • Page 21 Miscellaneous
    • 324 21 CRYPTIC CROSSWORD Across 1 Returning soldiers will go here the wrong way round (4,2,5) 7 Stuff at sea it floats around (7) 8 Boys and tot featuring in stories (7) 10 Restriction certainly needed for cover again (8) 11 Return to base and make an impression (2,4) 13 Seaweed carried
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  • EDITORIAL & OPINION
    • 476 22 EDITORIAL IT’S not a secret that when it comes to intelligence gathering by governments, everybody spies on everybody, including friends on friends. From that perspective, the latest revelations of US spying on leaders in Germany, Brazil and Mexico, shouldn’t have come as
      476 words
    • 729 22  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group IT’S time to pounce on Alan. That’s Alan as in Greenspan, whose new book The Map and the Territory: Risk, Human Nature, and the Future of Forecasting has just appeared. It provides a fresh opportunity
      The Washington Post Writers Group  -  729 words
    • 1036 22  -  It’s difficult to forecast what China Inc may do, but history shows it’s being managed well By FRANK-JÜRGEN RICHTER The writer is founder and chairman of Horasis, a global visions community IN fairy tales, giants are typically lumbering creatures, but the giant that
      PHOTO: AFP  -  1,036 words
    • 1581 23  -  US’s second-biggest carmaker has found building multiple models on the same assembly line a huge key to success By BILL VLASIC NYT THE moving assembly line was the simplest of inventions, born of necessity to meet the exploding demand for cars in America in
      NYT; PHOTO: FORD MOTOR VIA THE NEW YORK TIMES  -  1,581 words
    • 1102 23 LETTER TO THE EDITOR YESTERDAY’S Mailbag (BT, Oct 30) carried two interesting, but differing, perspectives on the use of CPF funds by members for investment. In his letter, Vincent Khoo made an impassioned plea, supported by convincing arguments, that it is time
      1,102 words
    • 692 23  -  By KRISTINA HOOPER The writer is AllianzGI’s head of investment and client strategies at Allianz Global Investors THE fiscal crisis in Washington has ended, albeit temporarily, but there are clear implications for markets, the economic recovery and monetary policy. Here are
      692 words


  • 1356 24 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE
    1,356 words
  • Page 24 Advertisements
    • 50 24 PLACE YOUR AD HERE THE BUSINESS TIMES Shipping Times CALL JOE WONG AT 9620 1327 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE the business times Shipping Times FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? II
      50 words

  • SINGAPORE STOCKS
    • 3212 25 Transaction date: Oct 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 Last Vol Day Last Quote 11.5 7 AEM --AAT M Cap 188 106 AIMSAMPIReit 158cd +1.5 909 158.5 156 158
      3,212 words
    • 210 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 Last Vol 2.4 1.2 t Advanced System 1.2 unch 3300 1.2 1.2 1.2 1.3 19.1 Last Quote Div Gr Yld Net M Cap High
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    • 11187 26 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.49/ Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond Asian Smaller Cos'" 1 9687/ fM local Ccy Bond 0.928/ European Opportunities!" 1 2882/ Global Emerging Markets!" Global Opportunities/ 1
      11,187 words
    • 262 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 $mil 61 27 AVJennings A56.5 -0.5 1 56.5 56.5 57 60 3.6 6.2 4.6 209.2 52 31 Genting HK US$ US46 -0.5 6884 46 45.5 45.5 46 3028.9
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    • 874 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 $mil Company 143 125 CIMB APAC Div 100S$D 130 129.9 130.8 114.4 99.2 CIMB APAC Div 100US$ US104.4 105.2 105.9 11 1510 1192 CIMBASEAN40 100S$D 1351 1344
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  • FINANCE & COMMODITIES
    • 592 27 Oct 30 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.67 *****.88 *****.58 Dec13 *****.00 *****.00 *****.00 *****.00 ***** *****4 Mar14 *****.00 *****.00 *****.00 *****.00 1 328 MSCI TAIWAN INDEX FUTURES SPOT 297.30 299.22 297.10 Oct13 297.80 299.20 297.10 298.20 *****3 ***** Nov13 297.30
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    • 373 27 In local curr In S$ In US$ dy yr dy yr dy yr Oct 29 Index Change Change Change Change Change Change World Preliminary 1143.7 0.3 21.9 0.2 22.3 0.2 20.5 EAFE Preliminary 931.4 0.2 20.2 -0.1 19.4 -0.1 17.7 Europe Preliminary 1339.0 0.5 16.7
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    • 471 27 Oct 30 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.994 5.789 0.691 7.364 58.313 106.484 0.933 10.073 2.993 1.149 101.454 40.941 1.177 9.395 0.855 27.975 29.532 0.592 0.950 Canada 1.006 5.825
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    • 38 27 Oct 30 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) (S$) 3 mths ..0.***** Source: Thomson Reuters
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    • 86 27 Oct 30 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****V 02-May-14 0.28 1-Year BY*****T 31-Oct-14 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.9 5-Year N*****0T 0.5 01-Apr-18 99.21 99.35 99.35 10-Year NX*****H
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    • 137 27 Oct 30 GOLD(US$/oz) Oct 29 Oct 30 Hong Kong 1353.00 1353.00 Oct 28 Oct 29 London 1353.21 1345.81 1353.98 1346.58 Source: Thomson Reuters CAST BAR Oct 30 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 120 53 5gm 342 267 10gm 610 534
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    • 57 27 Oct 30 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 13 2580.0 2585.0 2590.0 2557.0 266 3338 Dec 13 2538.0 2557.0 2582.0 2531.0 4517 ***** Jan 14 2525.0 2547.0 2573.0 2520.0 ***** ***** Feb 14 2521.0 2542.0
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    • 155 27 Oct 30 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1765 1.1773 0.9497 0.9501 Canadian dollar 1.1836 1.1846 0.9560 0.9555 Euro 1.7017 1.7024 1.3737 1.3739 NZ dollar 1.0239 1.0247 0.8265 0.8270 Sterling pound 1.9869 1.9880 1.6039 1.6044
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    • 109 27 Oct 29 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 13 1279.00 1271.25 1280.50 1268.00 Jan 14 1270.75 1268.00 1274.25 1264.50 Mar 14 1254.75 1250.75 1258.00 1248.25 May 14 1241.75 1237.00 1244.50 1234.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 13
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    • 95 27 Oct 29 COCOA (£/tonne) Close Prev High Low Dec 13 1690 1701 1710 1679 Mar 14 1696 1701 1710 1681 May 14 1695 1698 1709 1680 Jul 14 1693 1696 1706 1679 COFFEE(US$/tonne) Close Prev High Low Nov 13 1486 1499 1510 1459 Jan 14 1504 1500 1511 1462
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    • 1127 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 Conv Asia-Pacific Strategic W*****6 ...............0.2 -0.1 118 1 123 581 90.50 7 Price Prem Allied Technologies W*****1 0.5 1 4 1 Ascendas Reit MB ECW*****3 2.9 0.2 240
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    • 70 27 CRUDE OIL PRODUCTS Oct 29 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.79 0.11 WTI (Near Mth) 98.19 -0.53 Dubai (1-Mth F) 106.19 1.10 Tapis blend 115.61 1.66 Minas 107.81 1.66 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 101.67 1.92 Jet Kerosene 123.13 2.23 US$/barrel OpecOil Basket
      70 words
    • 22 27 Oct 30 S$ Bid Offer 1-month 1.2388 1.2391 2-months 1.2387 1.2390 3-months 1.2387 1.2390 6-months 1.2383 1.2387 Source: OCBC
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    • 65 27 Oct-29 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1837.50 1849.50 3 months 1883.00 1895.00 Copper, Grade A(US$/tonne) Cash 7201.50 7182.50 3 months 7200.00 7190.00 Lead(US$/tonne) Cash 2185.25 2193.50 3 months 2205.00 2213.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
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    • 121 27 As at 9am Oct 30 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.204 1.147 Can dollar 1.208 1.162 Euro 1.746 1.663 Sterling pound 2.030 1.952 NZ dollar 1.049 1.009 US dollar 1.267 1.207 Local dollars to 100 units of foreign
      121 words
    • 154 27 Oct 30 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.05 US$ Offer Bid 7 days 0.20 0.10 1 month 0.26 0.16 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.50 0.30 9 months 0.60 0.40 12
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  • PROPERTY
    • 1035 28  -  Builders step up unveiling of new launches amid rising demand, stiff competition By PAULINE NG in Kuala Lumpur NOW considered one of Malaysia’s hottest real estate spots, Iskandar Malaysia has been pulling in developers looking to cash in on the demand for properties there.
      PHOTO: UEM LAND  -  1,035 words
    • 1107 28 PROPERTY TRANSACTIONS FOR DISTRICTS 1 TO 28 WITH CONTRACT DATES BETWEEN SEPT 25 AND OCT 1, 2013 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED The Sail Marina Bay Apt 25/09/2013 99 1313 3450 2627 District 2
      1,107 words
    • 947 29 It will avoid policies that drive up the property market: adds governor Bloomberg [OSLO] Norway’s central bank is comfortable with house price deflation and will avoid policies that drive up the property market of Scandinavia’s richest economy, governor Oeystein Olsen said. The economy
      Bloomberg; PHOTO: BLOOMBERG  -  947 words
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  • Page 29 Advertisements
    • 640 29 THAT EXCEPTIONAL BLAIR HOUSE Residential Conservation Bar None Own a rare historical courtyard residence in an up and coming location near the city t amazing architecture I top of the line finishes surprisingly spacious five minutes by car from highest ceilings both casinos near old Malayan Railway land freehold, close
      640 words
    • 298 29 Building Wealth Through Global Property Investment We help our clients identify opportunities, BUILD PORTFOLIOS AND HELP THEM MAXIMIZE THEIR WORLD-WIDE ASSETS WITH MINIMAL RISKS. INCOME GENERATING ASSETS ~Benefit from secure and regular income returns plus long-term asset appreciation Singapore Commercial Buildings in business district with 3-4% returns Bulk sale of
      298 words

  • Page 30 Advertisements
    • 104 30 r r MITSUBISHI ELECTRIC (Changes for the Better I A MITSUBISHI ELECTRIC INVERTER I vjAjs Excellent Energy EASIEST To Clean! teachable Inner Vent for Easy Clean UIETES > f I I II V m oil IT A I V V. 5 Air-Conditioner 9S? »v fitsubishi leclric Quality for a greener
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  • Who’s Who in Iskandar
    • 1285 1  -  In just over seven years, Iskandar Malaysia has grown into a multi-faceted city development to rival the best globally, reports LEE U-WEN reports LEE U-WEN leeuwen@sph.com.sg ACK in 2006, not many people knew quite what to make of an ambitious development that would later become
      PHOTOS: TROPICANA CORPN BHD, WCT LAND SDN BHD, BRUNSFIELD GRP  -  1,285 words
    • 712 2 EMERALD BAY, PUTERI HARBOUR Waterfront living takes on a new dimension at Emerald Bay, Puteri Harbour, Bandar Raya Developments Berhad’s (BRDB) premier joint venture project with UEM Land Berhad. Boldly reinterpreting the traditional concept of living space, the freehold Emerald Bay offers you the chance to
      712 words
    • 1212 3 OVERVIEW With over 40 years of experience in the property development industry, Berinda Properties has quickly become the premier property development company in Johor Bahru, Malaysia. The heart of Berinda’s success lies in the womb of its ethos to build safe, homely and convenient communities for people. Fuelled
      1,212 words
    • 762 4 OVERVIEW Founded in 1990, Brunsfield Group has since established itself as a premier global development, management, engineering construction, and real estate investment company. This feeds into the group’s strength, as they are able to diversify and operate as an integrated global supply chain enterprise that continues to deliver
      762 words
    • Article, Illustration
      1181 5 OVERVIEW Since its maiden foray into property development in Penang more than 20 years ago, IJM Land Berhad (IJM Land) has established itself as one of Malaysia’s largest property developers. On top of its wide array of developments spanning integrated developments, residential townships, high-rise condominiums, office towers,
      1,181 words
    • Article, Illustration
      1655 6 / 7 OVERVIEW Established in 1995, award-winning developer Gamuda Land doesn’t just go where others fear to tread. It ventures where others do not think possible, such is its innovative and imaginative grasp of what makes for holistic living in an era that is ever challenging and changing. In the
      1,655 words
    • 1221 8 OVERVIEW FORMED in 1982, KSL Group’s property development has strived to establish itself as the fastest growing developer of chic and affordable residential and commercial properties focused mainly on the Iskandar region in Johor and the Klang Valley. Since its listing on the main board of Bursa
      1,221 words
    • Article, Illustration
      1117 9 OVERVIEW LEISURE Farm Corporation is a wholly owned subsidiary of Mulpha International Bhd, a diversified conglomerate and a component stock of the Bursa Malaysia Composite Index since 1983, and is listed on the main market of Bursa Malaysia Securities Bhd. Its shareholders’ fund is in excess of RM2.4
      1,117 words
    • 1358 10 OVERVIEW MAH Sing Group Berhad was listed on the Main Market of Bursa Malaysia in 1992 venturing into property development in 1994, and has since become one of Malaysia’s most diversified developers offering residential, commercial and industrial properties. The second biggest listed property developer in Malaysia
      1,358 words
    • Article, Illustration
      881 11 International Award-Winning Developer OVERVIEW MILESTONES S P SETIA Berhad is recognised as a leading listed real estate player with a proven track record of inno-vation-driven and standard-setting developments. The Group’s strength lies in its prowess in creating meaningful environments based on its development philosophy of Live Learn
      881 words
    • 843 12 OVERVIEW Tanah Sutera Development Sdn Bhd (Tanah Sutera) is one of Johor’s foremost developers, with extensive experience in the development of quality eco-townships. It is a joint venture company formed from the collaboration between Singapore and Malaysia consortiums Singapore-backed companies Keppel Land, CapitaLand and Lee
      843 words
    • 1246 13 OVERVIEW Since its incorporation in December 2010, Teras Eco Sdn Bhd has focused on small- and medium-sized property developments, especially in light and medium industrial estates in southern Johor. With its primary business in the development of properties in the residential, commercial and retail sectors, the
      1,246 words
    • 1280 14 OVERVIEW Tropicana Corporation Berhad (Tropicana) brings together a range of diverse companies devoted to the same ideals to deliver value to our customers and investors by creating quality developments in which people want to live, work and play. As a pioneer in resort-style home concepts, Tropicana also
      1,280 words
    • 1008 15 OVERVIEW WB Land Sdn Bhd (WBL) was conceptualised with the grand vision of developing sustainable and leading-edge properties. The company has deep roots in Johor’s construction business since 1976 under Woon Brothers trusted in the industry by established developers for implementing construction works. Engaged as a
      1,008 words
    • 1037 16 OVERVIEW Established in 1996, WCT Land Sdn Bhd is the property development, management and investment division of Bursa Malaysia-list-ed WCT Holdings Berhad. It has a presence in Greater Klang Valley, Kota Kinabalu, Sabah, as well as Iskandar Malaysia, Johor, with a market capitalisation of around RM2.6
      1,037 words
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    • 74 1 CONTENTS Bandar Raya Developments Bhd PAGE 2 Berinda Properties PAGE 3 Brunsfield Group PAGE 4 IJM Land Bhd PAGE 5 Gamuda Land PAGES 6-7 KSL Holdings Berhad PAGE 8 Leisure Farm PAGE 9 Mah Sing Group Berhad PAGE 10 S P Setia PAGE 11 Tanah Sutera Development Sdn Bhd PAGE
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  • Page 11 Advertisements
    • 40 11 8-TIME WINNER THEEDGE MALAYSIA Top Property Developers Awards Eight-Time Winner 2005-2008, 2010-2012 2013 -A 5-TIME WINNER FIABCI Prix d’Excellence Awards 7-TIME WINNER FIABCI Malaysia Property Awards Aon Hewitt Best Employers 2011 Overall Best Malaysia 2013 Best of the Best Malaysia
      40 words