The Business Times, 31 March 2014

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Total Pages: 30
1 30 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Monday, March 31, 2014G
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  • 962 1  -  Being planned are underground data centres and a nationwide heterogeneous network By JOYCE HOOI joyceh@sph.com.sg [SINGAPORE] In 2025, Singapore could be largely unrecognisable if plans for the infocomm media (ICM) sector take off. By then, the country could have underground data centres, a revolutionary nationwide
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  • MARKETS DIGEST
    • 57 1 Weekly Change ST INDEX 3,172.17 +98.78 KL COMP 1,850.73 +30.25 NIKKEI 225 14,696.03 +471.80 HANG SENG 22,065.53 +628.83 SET INDEX 1,368.90 +8.40 JAKARTA COMP 4,768.28 +68.07 MANILA COMP 6,359.62 +20.36 SEOUL COMP 1,981.00 +46.06 SHENZHEN B 817.69 -6.08 MUMBAI IND 22,339.97 +584.65 DOW 16,323.06 +20.29 NASDAQ 4,155.76 -121.03 S&P
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    • 17 1 SINGAPORE MALAYSIA HONG KONG 5.35 6.55 5.00 INDONESIA 15.303 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
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    • 49 1 US$ S$ US$ (S$ per US$) 1.262 (US$/S$ per 1.663 2.098 EURO (US$/S$/€ 1.373 1.732 Foreign currency per US$ S$ YEN 102.10 80.90 RM 3.274 2.594 HK$ 7.758 6.147 BAHT 32.53 25.78 RUPIAH 11,378 9,015 RENMINBI 6.207 4.918 INDIAN RUPEE 60.09 47.61 A$ 1.079 0.855 NZ$ 1.151 0.912
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  • 585 1  -  It invests capital accumulated from generations of hard work: Lim Boon Heng By LEE U-WEN in London leeuwen@sph.com.sg WHENEVER Temasek Holdings opens a new office outside of Singapore, it is “not indicative of some radical shift” in the investment company’s approach, said its
    PHOTO: STEPHANIE YEOW/THE STRAITS TIMES  -  585 words
  • Page 1 Advertisements
    • 110 1 DINING OUT Well-schooled in British cuisine VIEWS FROM THE TOP Flexi-work: will it work? TOPLINE Fuelling growth momentum for ANZ PAGES 10-11 BOARDROOM MATTERS Preparing for the AGM PAGE 6 PAGE 22 PAGE 6 BT WEBSITES For breaking news, go to businesstimes.com.sg. For personal finance stories, go to btinvest.com.sg. For
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  • TOP STORIES
    • 498 2 Charting the infocomm media path into 2025 IN 2025, Singapore could have underground data centres and a revolutionary heterogeneous network, according to a document that will be the basis for an ICM masterplan. FRONT PAGE Temasek not the usual sovereign wealth fund WHENEVER Temasek Holdings opens a new
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    • 892 2  -  Despite possible shocks, it helps that profits-expectations gap is narrowing WALL STREET INSIGHT By ROB CURRAN US STOCKS went nowhere, fast for the week, month, the first quarter but they may not flounder around the flat line for much longer. After the
      PHOTO: AFP  -  892 words
    • 243 2 BT Graphics, Photo: Bloomberg ICM areas of focus Proposed developments Details Infrastructure Strategic sectors Human capital Application Heterogeneous Network (HetNet) Above Ground Box Digital harbour Data marketplace Self-sustaining startup ecosystem Media services for next-generation seniors Computational thinking Professional development Smart Health-Assist Urban
      BT Graphics, Photo: Bloomberg  -  243 words
    • 552 4  -  PM Lee: Ratification of landmark deal will take some time Reports by LEE U-WEN in London leeuwen@sph.com.sg THE free trade agreement that Singapore has successfully negotiated with the European Union (EU) will likely only come into force in 2015 at the earliest.
      PHOTO: STEPHANIE YEOW/THE STRAITS TIMES  -  552 words
    • 327 4 THE annual Singapore Day celebrations held in a major city each year to bring together overseas citizens and give them a taste of home will continue for the foreseeable future. Minister in the Prime Minister’s Office Grace Fu said it served as
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    • 563 4  -  Event raised $115,000 for its four official charities By JAIRA KOH jairakoh@sph.com.sg [SINGAPORE] Eighty five cyclists raced in the third edition of The Business Times Charity Challenge yesterday. Twenty-one teams of four and one individual cyclist assembled on the F1 track
      ALL PHOTOS: JOSEPH NAIR  -  563 words
  • Page 2 Advertisements
    • 318 2 Sim Kee Boon Institute for Financial Economics ECONOMIC FORECASTING SKBI Annual Conference on Financial Economics Modern market economies make extensive use of economic and financial forecasts at all levels. The success of practical forecasting work depends on two main factors: whether the forecasting model adequately represents the economy and whether
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  • Page 3 Advertisements
    • 184 3 NEW LAUNCH THE Imex High-image business space in Tuas Gateway to the future Tuas mega port Near upcoming Tuas West Road MRT station Well-connected B2 hub with 40-footer ramp-up access to all floors High floor-to-floor height of up to 10m Unit sizes from 3,079 sq ft to 34,079 sq ft
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  • Page 5 Advertisements
    • 123 5 Is your business ready to launch a new business? Cloud-based innovations are creating a trillion dollars in market opportunities, but organisations that don’t embrace them will miss out. Smarter enterprises are using the cloud to explore entirely new business models. With freedom from typical constraints, some businesses on the IBM
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  • COMPANY NEWS
    • 1224 6  -  ANZ Singapore CEO Vishnu Shahaney is in the hot seat, driving the institutional, commercial, retail, wealth and private banking business here, reports SIOW LI SEN TOPLINE reports SIOW LI SEN IT has been a pretty busy three years for ANZ Singapore which saw its revenues
      YEN MENG JIIN  -  1,224 words
    • 446 6  -  They end 2011 plan for Indian firm to take 25.1% stake BV TEH SHI NING tshining@sph.com.sg OLAM International said on Friday night that Tata Chemicals will no longer be taking a 25.1 per cent equity stake in its fertiliser project in Gabon.
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    • 906 6  -  It helps to plan early and to fully engage the board, says PENELOPE PHOON PENELOPE PHOON The writer is executive director of the Singapore Institute of Directors AS we enter the month of April and the annual general meeting (AGM) season, many companies are busy preparing
      PHOTO: STOCKXCHNG  -  906 words
    • 1642 7  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd THE bulk of the significant insider trades last week were purchases in China Environment, Libra Group, The Hour Glass and Global Testing Corporation, while sales by directors fell. The sentiment,
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  • Page 7 Advertisements
    • 109 7 Confidence to grow That’s what agricultural producers can achieve when they’re smart about managing risk. And smart managers work with CME Group, the world’s leading derivatives marketplace. Farmers and ranchers around the world partner with us to help them manage every kind of risk. Crop prices, weather fluctuations, interest rate
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  • SINGAPORE MARKETS
    • 743 8  -  STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent IN January 1994 when the US Federal Reserve unexpectedly raised its federal funds rate to tame what it saw as incipient inflation, it also effectively ended the local market’s “super bull run” of 1993 that had lasted only
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    • 535 8  -  COMMODITIES TAN CHEE TAT The writer is an investment analyst with Phillip Futures AMID the Ukraine crisis, we witnessed growing tensions between Russia and Western powers (US and Europe). Friction between the two heavy-weights brought us back to the Cold War
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    • 487 8 CURRENCIES Bloomberg [TAIPEI] Asian currencies rose last week, with the Indian rupee and the South Korean won completing their biggest gains in six months, as speculation mounted that China will take steps to combat a slowdown in the region’s biggest economy. Chinese Premier
      Bloomberg  -  487 words
    • 110 8 BY CENTS CLOSE UP JMH 6310 956.3 13.7 DBXT Nifty 10US$ ***** 615.7 4.5 DBXT AUDCS 5US$ ***** 561.4 2.3 DBXT USDIGInfl 5US$ ***** 311.6 0.9 DBXT MSKorea 10US$ 6120 285.1 3.8 DBXT AUDCS 5SG$ ***** 267.0 1.1 JSH 3478 249.8 6.0 DBXT FTChina25 10US$ 2785 203.1 6.1 Lyxor
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    • 128 8 BY CENTS CLOSE DOWN GLD 10US$ ***** -526.1 -3.2 SPDRS S&P 500 10US$ ***** -311.6 -1.3 DBXT EONIA 5US$ ***** -131.2 -0.5 SPDR DJIA 10US$ ***** -113.5 -0.6 DBXT FTVietnam 10US$ 2901 -77.0 -2.1 DBXT MSUSA 10US$ 4630 -74.4 -1.3 Lyxor Nasdaq100 10US 1433 -69.4 -3.7 Lyxor ThaiSET 10US$
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    • 1598 8 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price AIMS AMP Capital Ind REIT 2.00 2.00 3 10.12 13.34 1.66 1.35 Amtek Engineering Ltd 2.50 2.50 2 0.05 10.81 0.57 0.67 ARA Asset Mgt Ltd 2.29
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    • 5 8 WEEKLY
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    • 4 8 WEEKLY
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    • 77 8 Mar 28 VALUE CLOSE BT OB/OS 162.00 +92.00 BT CADI -*****.00 +38.00 BT 10-day MA -*****.00 +16.00 FTSE ST Mid Cap 724.27 +4.30 FTSE ST Small Cap 544.01 +1.74 FTSE ST All Share 769.99 +2.74 FTSE ST China Top 199.02 +1.84 FTSE ST China 225.23 +2.05 FTSE
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    • 55 8 VOLUME Albedo 1,244,310,000 Memstar 1,227,394,000 HanKore 773,281,000 AddvalTech 330,296,000 Noble Grp 313,078,000 Charisma Energy 271,047,000 LionGold 252,353,000 Digiland 247,657,000 Global Tech 233,260,000 ICP 228,784,000 VALUE($) DBS Grp 497,223,968 UOB 397,453,471 Noble Grp 365,375,426 SingTel 335,231,624 GLP 199,219,924 OCBC Bk 165,951,820 Genting SP 150,018,925 Keppel Corp 148,021,026 JMH
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  • Page 8 Advertisements
    • 101 8 Ask the Commodities Experts Brought to you by Phillip Futures Re Ltd (A member of PhillipCapital) At Phillip Futures www.phillipfutures.com.sg *****500 futures@phillip.com.sg Co. Reg. No; *****5695G 250 North Bridge Road #07-01 Raffles City Tower Singapore *****1 Email: futures@phillip.com.sg The above information does not constitute an investment advice, an offer/solicitation to
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  • SINGAPORE NEWS
    • Article, Illustration
      445 9  -  By KELLY TAY kellytay@sph.com.sg Kids helping other kids ARC Children’s Centre, a daycare facility for children with cancer and other life-threatening illnesses, has received a donation of $13,590 from the pre-schoolers of Kinderland. Under the Kinderland group’s “Little Entrepreneurs” programme, its children aged five to six had auctioned
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    • 630 9 COMPANY MEETING PLACE DATE TIME Asia-Pacific E Antica 1 Level 2) OrchardParade Htl 1 Tanglin Road 31-Mar 11.00am Elite KSB Holdings E 8 Wilkie Road #03-01 Wilkie Edge 31-Mar 10.00am Raffles Education E Phoenix 1 Level 6 Novotel S'pore Clarke Quay 177A River Valley Rd 31-Mar 2.30pm Renewable
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    • 853 9 CEO says the company is ready for the challenge Bloomberg SINGAPORE LNG Corp is touting its experience running South-east Asia’s biggest liquefied natural gas terminal as a sign that it can manage a second facility planned for the city-state. John Ng, the company’s
      Bloomberg; FILE PHOTO  -  853 words
    • 1918 9 Payment Ex Rec Pay Ann (cts) date date date date AEI Corp an 0.500 05-May 07-May 15-May 27-Feb AIM ak 0.160 06-May 08-May 20-May 26-Feb AIMS Prop Sec ag 0.090 27-Mar 31-Mar 20-Jun 21-Mar AlliedTech ak 0.500 02-May 06-May 20-May 27-Feb Amara an 1.000 10-Jun 12-Jun 26-Jun 14-Mar
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    • 286 9 Mar 28 BANKS Agricultural Bank Of China Agricultural Bank Of China ...5.50 Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited 5.50 Bank of Communications 5.50 Bank of East Asia Bank of China Limited ...5.50 Bank of Communications Bank of Tokyo-Mitsubishi Banque Internationale a ...5.50 BNP
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  • VIEWS FROM THE TOP
    • 5291 10 THIS WEEK’S TOPIC What has been your organisation’s experience, if any, with flexi-work schemes? What more can be done to promote a flexi-work culture among Singapore firms? Lim Soon Hock Managing Director PLAN-B ICAG Pte Ltd MANY employers and employees are obsessed with face time at
      PHOTO: AFP  -  5,291 words

  • Page 11 Advertisements
    • 99 11 I B 11 I I I H H |i i 'y/ IB SI 1 HIS JOHANN STRAUSS ORCHESTRA APR L 6™ 20 SINGAPORE INDOOR STADIUM at Singapore sports hub &0 9 3fm A/AEDIACORP Station New releases now in stores: SJ8S«® B .-I X.\M l 1 ANDRE andre rieu k Friends
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    • 12 11 A complete list of views from CEOs is also available at http://businesstimes.com.sg
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 1624 12 Workers 65 and older are the only group in the US who are increasingly employed or looking for jobs Bloomberg WELVE years after retiring as a telephone repairman, Roger Wood clocks 12 to 15 hours a week at a Lowe’s Cos hardware store
      Bloomberg; PHOTO: BLLOMBERG  -  1,624 words
    • 1170 12 Americans in their prime years for starting a company benefit from having prior work experience STARTING YOUNG Bloomberg LUCAS Kovalcik and Tim Walsh turned their passion for rock climbing into a business. Their success helps show why US entrepreneurship probably is about to get
      Bloomberg; PHOTO: BLOOMBERG  -  1,170 words
  • Page 12 Advertisements
    • 113 12 Get started now Be a young investor DO you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
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  • MALAYSIA
    • 1587 13  -  Mohamad Nor has retired, but he remains an astute observer of Malaysia’s politics and social, racial and religious issues BY S JAYASANKARAN in Kuala Lumpur HE WAS a confidant of Malaysia’s first two prime ministers and was on nodding acquaintance with the third. In his career,
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    • 1398 13 VOL Mar 28 RM +/-(‘000) Abric Bhd (’000) Advance Synerg 0.15 0.01 590 Adventa Bhd 1.14 -0.01 18 Ae Multi Hldgs 0.21 -0.01 115 Affin Holdings 3.90 0.02 1095 Ahmad Zaki Res 0.67 0.01 331 Airasia Bhd 2.53 0.09 5593 Alliance Finan Aluminium Co unch unch 0 Amalgamated
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  • Page 13 Advertisements
    • 124 13 MANDATORY ENERGY LABELLING SCHEME (MELS) FOR TELEVISIONS MINIMUM ENERGY EFFICIENCY STANDARDS (MEES) FOR CLOTHES DRYERS under the Energy Conserva~on Act Effec~ve from 1 April 2014 Who are affected? Importers, manufacturers, distributors, retailers, property developers, contractors and others who supply televisions and clothes dryers in Singapore What are the NEW requirements?
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  • GREATER CHINA/INDIA
    • 784 14 90b yuan of assets seized, 300 relatives and allies quizzed in last four months Reuters [BEIJING] Chinese authorities have seized assets worth at least 90 billion yuan (S$18.26 billion) from family members and associates of retired domestic security tsar Zhou Yongkang, who is
      – Reuters  -  784 words
    • 713 14 The 11,000 km route links Chongqing to Germany’s Duisburg AFP [FRANKFURT] One of the world’s longest railways a “modern-day silk road” covers some 11,000 kilometres en route from the Chinese megacity of Chongqing to Duisburg, a key commercial hub in western
      AFP; PHOTO: AFP  -  713 words
    • 861 14 He warns Beijing to shed its mindset of expansionism Reuters [NEW DELHI] India will get tougher on territorial disputes with China and in its old rivalry with Pakistan if opposition leader Narendra Modi becomes the prime minister in May after a
      Reuters; PHOTO: REUTERS  -  861 words
  • Page 14 Advertisements
    • 185 14 Value Investing in REITs This book teaches you on: What are REITs and how to invest in them profitably How REITs can generate high and consistent dividends for you 23 real-life case studies which show how you can generate more investment profits with REITs Mistakes which you must avoid when
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    • 85 14 26 29 June 2014 SUNTEC Singapore Halls 401 404 Looking to sell your food products, cooking solutions, kitchen appliances accessories to an expected turnout of 250,000 visitors? fb.com/singaporefoodshows Book Your Space NOW! *Limited Booths Available For more information call *****620 or Email: sales@exhibitsinc.com.sg foodandkitchen.com.sg Organised By: Our Food Shows: (Organiser
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  • WORLD
    • 694 15  -  ‘Asset inflation’ in stock prices has returned, property prices may follow suit BY, ANTHONY ROWLEY in Tokyo A 74 billion yen (S$906.1 million) property deal in one of Tokyo’s prime districts has sparked speculation that a property price boom may be brewing again
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    • 940 15 24 such companies have lost US$63b in market value Reuters [NEW YORK] Investors in some of the past year’s hottest US stocks have been given a savage lesson in the risks of so-called “momentum trading”. A group of 24 such companies compiled by Credit
      Reuters; PHOTO: REUTERS  -  940 words
    • 804 16 Current big five BRICS are experiencing growing pains; MINT, PPICS and CIVETS could lead the next wave AFP [PARIS] For more than 10 years the rise of big emerging markets has re-shaped the global economy, but these are now slowing with maturity,
      AFP  -  804 words
    • 756 16 China slowdown and Japan’s sales tax hike lead to selloff Reuters [LONDON] Japan’s financial markets face a challenging new fiscal year as economic slowdown in its emerging trading partners and a sales tax hike at home push risk-shy investors into cash-like
      Reuters; PHOTO: BLOOMBERG  -  756 words
    • 435 16 Reuters [FRANKFURT] The retirement from Daimler’s supervisory board of a combative trade union veteran may smooth management-la-bour relations as the German carmaker tries to cut costs and close a wide profitability gap with its rivals. Erich Klemm steps down as deputy
      Reuters  -  435 words
    • 894 18  -  But environmental and domestic political hurdles stand in their way By NEIL BEHRMANN By in London EUROPEAN energy experts and US government energy officials will meet again this week to discuss ways to reduce imports of natural gas and oil from
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    • 468 18 AFP [BANGKOK] Thais voted yesterday to elect the upper house of parliament in a poll that could hold the key to the fate of the prime minister, who faces possible impeachment for negligence after months of street protests. While the Senate
      AFP  -  468 words
    • 887 18 Reuters [NEW YORK] Rising tension between Russia and the West has rattled the country’s stock and bond markets, but some big money managers see the turbulence as an opportunity. Russia’s equity market has plummeted 18 per cent so far this year. Foreigners dumped the country’s
      Reuters; PHOTO: BLOOMBERG  -  887 words
    • 534 18 MALAYSIAN GRAND PRIX Reuters [SEPANG] Lewis Hamilton won the Malaysian Grand Prix with a pole-to-flag victory ahead of Nico Rosberg yesterday in a first Mercedes one-two since they returned to Formula One as a works team in 2010. The 2008 Formula One world champion easily pulled
      Reuters  -  534 words
    • 951 20 Loan growth this quarter set to increase by the most since 2007 Bloomberg [NEW YORK] For all the warnings from the Federal Reserve over excessive risk-taking as loan growth soars to levels last seen just before the crisis, bankers still have 10 trillion reasons to lend.
      Bloomberg  -  951 words
    • 440 20 AFP [BASEL] Switzerland’s recent vote to curtail immigration from the European Union could seriously impact the Alpine country’s booming watch trade, industry insiders warned. Nearly half of all employees in the sector are foreign nationals who either reside in Switzerland or commute across its
      AFP; PHOTO: BLOOMBERG  -  440 words
  • Page 15 Advertisements
    • 376 15 EDUCATING LEADERS OF TOMORROW GROUP OF EIGHT MEMBER The University of Adelaide is regularly ranked in top 1 of the universities worldwide A group of 8 university in Australia THE UNIVERSITY "/ADELAIDE Degree programs taught by academics from the University of Adelaide An internationally recognised degree with global perspectives Flexible
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  • Page 16 Advertisements
    • 2276 16 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices m BH GLOBAL BH GLOBAL CORPORATION LTD (Company Registration Number: *****4900H) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of BH GLOBAL CORPORATION LIMITED (the "Company") will be held at the Boardroom,
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  • Page 17 Advertisements
    • 1653 17 CSE GLOBAL LIMITED (Company Registration No. *****3851D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of CSE Global Limited (“the Company”) will be held at The Guild, Level 2 Suntec Tower 5, Suntec City Guild House, 3 Temasek
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    • 2500 17 GLOBAL INVESTMENTS LIMITED (Company Registration Number: EC*****) (Incorporated in Bermuda on 24 April 2006) NOTICE OF 2014 ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2014 Annual General Meeting of Global Investments Limited (the “Company”) will be held at Holiday Inn Singapore Orchard City Centre, Crystal Suite, 11 Cavenagh
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  • Page 18 Advertisements
    • 97 18 TOBh Show2014 n s :v 29 May 1 June 2014 SUNTEC Singapore Halls 401-406 Why Exhibit? Leverage on an unrivalled publicity campaign. Sell your tech products and services to over 800,000 consumers directly. ;OOK Space For more information call *****620 or Email: sales@exhibitsinc.com.sg Organised By: Exhibits Inc A SUBSIDIARY OF
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    • 28 18 APRIL ISSUE OUT NOW! Breakfast with >>> APRIL 26, 2014 (SATURDAY) Discover how the all-new Citroën C4 Picasso suits your family’s needs perfectly! SIGN UP NOW AT WWW.TORQUE.COM.SG/EVENTS WWW.TORQUE.COM.SG
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  • Page 19 Advertisements
    • 1499 19 C HI N A RE TA I L T RU S T SEA9 Pte. Ltd. (Incorporated in Singapore) (Company Registration No. *****0880H) NEWSPAPER NOTICE NOTICE IS HEREBY GIVEN pursuant to Section 76(10)(h) of the Companies Act, Chapter 50 of Singapore, that at an Extraordinary General Meeting of SEA9 PTE. LTD.
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    • 2924 19 S i2i Limited (Company Registration No. *****4568R) (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of S i2i Limited (the “Company”) will be held at 10 Eunos Road 8, Singapore Post Centre, Singapore *****0 on Tuesday, 15 April
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  • Page 20 Advertisements
    • 1135 20 MATS NOTICES CHINA KANGDA FOOD COMPANY LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of CHINA KANGDA FOOD COMPANY LIMITED (the “Company") will be held at RELC International Hotel, Tanglin 2, Level 1, 30 Orange Grove Road, Singapore *****2 on Wednesday, 30 April
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    • 1380 20 Nordea Bank Finland Plc Statement of accounts for the year ended 31st December 2013 Income Statement Balance Sheet Group EURm 31 Dec 2013 31 Dec 2012 Group EURm 2013 2012 Operating income Interest income 1,849 2,337 Interest expense -666 -1,079 Net interest income 1,183 1,258 Fee and commission income 759
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    • 36 20 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices n cars? If you're looking for a landed home with a large enough driveway, turn to the Print Classified Properties section. To advertise, call the Print Classified Hotline: 1800-289 9988.
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  • Page 21 Advertisements
    • 500 21 IN THE MATTER OF THE COMPANIES ACT, CAP 50 (“the Act”) AND IN THE MATTER OF ELLIPSIZ SEMILAB HOLDINGS PTE. LTD. (“the Company”) (Co. Reg. No. *****3427C) Notice of Resolutions for Members’ Voluntary Liquidation (Pursuant to Section 290) At an Extraordinary General Meeting of the Company held at 13A Mackenzie
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    • 1515 21 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices KREUZ HOLDINGS LIMITED (COMPANY REGISTRATION NO. *****3628R) NEWSPAPER NOTICE Notice is hereby given pursuant to Sections 76(10)(h) and 76(12) of the Companies Act, Chapter 50 of Singapore, that at an Extraordinary General Meeting of Kreuz Holdings Limited (the “Company”) deemed to have been duly
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    • 1398 21 KREUZ SUBSEA PTE. LTD. (COMPANY REGISTRATION NO. *****3466N) NEWSPAPER NOTICE Notice is hereby given pursuant to Sections 76(10)(h) and 76(12) of the Companies Act, Chapter 50 of Singapore, that at an Extraordinary General Meeting of Kreuz Subsea Pte. Ltd. (the “Company”) deemed to have been duly convened and held on
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    • 1045 21 RICKMERS MARITIME (A business trust constituted under the laws of the Republic of Singapore) Managed by Rickmers Trust Management Pte. Ltd. NOTICE OF ANNUAL GENERAL MEETING OF THE UNITHOLDERS NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Unitholders of Rickmers Maritime (the “Trust”) will be held at
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  • DINING OUT
    • 930 22  -  Keong Saik Snacks ups its grades with a revamped menu centred on UK crowd-pleasers, writes JAIME EE writesJAIME writesJAIME EE jaime@sph.com.sg RESTAURANT REVAMP The Study 49 Keong Saik Road Tel: 6221-8338 Open for lunch and dinner Tues to Fri: 12pm to 2.30pm,6pm to 10.30pm. Brunchfrom 11am
      PHOTOS: JAIME EE  -  930 words
  • Page 22 Advertisements
    • 181 22 Primary school with good reputation. Within walking distance. 1 km from mother-in-law. There’s a better chance of finding your dream house. STProperty. Let STProperty help you find properties near the schools of your choice, so you can increase your chances of getting a place! Hurry, log on to STProperty.sg now.
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  • AVIATION
    • 773 23 Lack of information about where it went down hampers the ability to find it Reuters AFP [PERTH] The search for missing Malaysia Airlines Flight MH370 could take years, a US naval officer suggested yesterday, as search and rescue officials raced to
      Reuters; AFP; PHOTO: AFP  -  773 words
    • 466 23 Govt to decide on probe by parliamentary select committee: minister Xinhua [KUALA LUMPUR] The Malaysian government is expected to appoint an international panel on aviation security along with a parliament select committee to probe overall airline safety, but it downplayed the issue
      Xinhua  -  466 words
    • 449 23 Bloomberg [TOULOUSE] ANA Holdings Inc gave Boeing Co’s 787 Dreamliner a vote of confidence by ordering 14 more of the jets as part of a US$16.6 billion shopping spree a year after regulators grounded the composite aircraft. ANA’s 70-plane purchase on Thursday tilted
      Bloomberg  -  449 words
    • 230 23 SGX '000 Mar 28 S$ +/-Vol Ch Offshore '000 Chuan Hup Hldg 0.26 -0.01 98 S$ Cwt Limited Vol First Ship Lea Grand Banks...............unch unch 0 Jaya Hold Ltd 0.26 K1Ventures 98 Keppel Corp 10.84 0.07 2922 Mercator Lines.............0.11 unch 52 Neptune Ol Ltd Ezra Hldgs Pan-United Cor
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    • 216 23 Reuters [WASHINGTON] The US Navy’s plan to cancel an order for 29 MH-60 Sikorsky helicopters under a current five-year agreement would trigger termination fees of at least US$250 million and raise the cost of Army helicopters covered by the same contract, a top
      Reuters  -  216 words
  • Page 23 Advertisements
    • 441 23 MOORE STEPHENS Singapore Shipping Forum 2014 Moore Stephens LLP is proud to present the Moore Stephens Singapore Shipping Forum 2014 on Thursday, 10 April 2014 at the Marina Bay Sands. This forum is held in conjunction with the Singapore Maritime Week 2014, supported by the Maritime and Port Authority of
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  • Page 23 Miscellaneous
    • 319 23 CRYPTIC CROSSWORD Across 1 Potential opener, one that may yet represent Yorkshire (7) 5 Seems in order to get retribution (7) 9 Animated youngster in film and book given limited scope (5) 10 Entering ground, following a South American (9) 11 Uncast replacements? (5,5) 12 Exchange prisoners of war in
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  • SINGAPORE STOCKS
    • 3576 24 Week ended: Mar 28 52-wks Last Vol Week Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Week Last Quote 11.5 7 AEM 13.6 10.4 8Telecom M Cap 10 6.7 AIMS Property 9.7xd +0.2 422 9.9
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    • 309 25 52-wks Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last 2 0.9 t Advanced System 1.1 +0.1 ***** 1.3 0.9 1.1 1.2 19.3 Week Last Quote Div Gr Yld Net M Cap High
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    • 118 25 Stock name Close Change CapMallsAsia 1.765 +0.010 CapitaLand 2.820 +0.040 CapitaMall 1.895 +0.005 CityDev 10.020 +0.210 ComfortDelGro 1.955 -0.005 DBS Grp 16.080 -0.010 GLP 2.620 +0.020 Genting SP 1.330 +0.015 Golden Agri 0.580 -0.005 HK Land 6.490 +0.160 Stock name Close Change HPH Trust US$ 0.655
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    • 1923 25 Transaction date: Mar 28 HONG KONG Vol HK$ +/-'000 Aeon Stores Angang Steel 4.89 0.10 5982 Anhui Conch '000 Anhuiexpresswa 4.03 0.16 2066 Asia Satellite unch Asm Pacific 72.30 0.55 271 Avic Ihl 8.75 0.06 Baiyunshan Ph Angang Steel Bank Of China 3.40 0.05 *****8 Bank Of E
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    • 276 25 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 61.5 34.4 AVJennings A55 -3 16 58 55 55 56.5 3.6 6.4 4.5 203.6 52 35.5 Genting HK US$ US39 unch ***** 40 39 39 39.5 2568
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    • 186 25 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 11 2 2 0 0 0 11 2 2 Manufacturing 90 62 32 13 15 8 103 77 40 Commerce 41 22 16 4 10 3 45 32 19 Tpt/Stor/Comms 25 15 5
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    • 1167 25 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 121 108.3 ABF SG Bond ETF 113.2 -0.3 29 114 112 113.5 114 516.7 143 119 CIMB APAC Div 100S$D 126.7 +3.1 0 126.7 124.6 125.6
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    • 123 25 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 123,887 123,887 320,230 320,230 Manufacturing 2,583,361 746,433 3,329,794 670,395 21,634 692,029 Commerce 1,492,971 1,612,262 3,105,233 824,102 65,742 889,844 Tpt/Stor/Comms 375,187 79,378 454,565 653,898 9,679 663,577 Finance 124,659 557 125,216 1,125,440 187 1,125,627 Construction 173,815 346,249
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  • FINANCE & COMMODITIES
    • 692 26 Mar 28 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.25 *****.45 *****.57 Jun14 *****.00 *****.00 *****.00 *****.00 *****0 *****7 Sep14 *****.00 7 2288 MSCI TAIWAN INDEX FUTURES SPOT 309.37 310.90 308.96 Mar14 309.50 311.00 308.20 309.43 ***** ***** Apr14 309.70 311.10 308.40 309.70
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    • 373 26 In local curr In S$ In US$ dy yr dy yr dy yr Mar 28 Index Change Change Change Change Change Change World Preliminary 1185.5 0.8 0.1 0.3 0.0 0.7 0.2 EAFE Preliminary 943.4 0.7 -1.3 0.2 -0.8 0.6 -0.6 Europe Preliminary 1370.2 0.8 1.1
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    • 471 26 Mar 28 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.020 5.752 0.675 7.188 55.679 105.423 0.946 9.906 3.033 1.067 90.732 41.584 1.169 9.842 0.823 28.282 30.141 0.557 0.927 Canada 0.981 5.641
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    • 31 26 Mar 28 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) (S$) 1 mth ..0.***** Source: Thomson Reuters
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    • 85 26 Mar 28 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****Z 27-Jun-14 0.31 1-Year BY*****T 31-Oct-14 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.22 5-Year NX*****W 2.5 01-Jun-19 104.83 10-Year NX*****H 2.750 01-Jul-23
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    • 140 26 Mar 28 GOLD(US$/oz) Mar 28 Mar 27 Hong Kong 1300.00 1301.00 Mar 28 Mar 27 London 1291.19 1295.52 1292.41 1296.22 Source: Thomson Reuters CAST BAR Mar 28 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 79 50 5gm 315 260 10gm 587 522
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    • 61 26 Mar 28 Mar 28 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 14 2722.0 2735.0 2733.0 2706.0 223 1820 May 14 2663.0 2674.0 2703.0 2660.0 5144 ***** Jun 14 2648.0 2655.0 2676.0 2643.0 ***** ***** Jul 14
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    • 155 26 Mar 28 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1689 1.1699 0.9265 0.9266 Canadian dollar 1.1463 1.1476 0.9089 0.9086 Euro 1.7314 1.7333 1.3724 1.3728 NZ dollar 1.0956 1.0968 0.8684 0.8687 Sterling pound 2.0972 2.0993 1.6623 1.6627
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    • 109 26 Mar 28 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 14 1436.50 1436.50 1443.50 1428.25 Jul 14 1407.75 1407.00 1412.50 1400.00 Aug 14 1351.50 1347.50 1355.00 1344.25 Sep 14 1247.00 1248.50 1250.00 1241.75 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 14
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    • 94 26 Mar 28 COCOA (£/tonne) Close Prev High Low May 14 1883 1870 1898 1847 Jul 14 1883 1870 1894 1850 Sep 14 1882 1869 1891 1849 Dec 14 1866 1853 1876 1834 COFFEE(US$/tonne) Close Prev High Low Mar 14 2154 2143 2179 2168 May 14 2096 2083 2108 2083
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    • 1281 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 Conv Asia-Pacific Strategic W*****6 1 1 123 170 46.00 2 Acma Ltd W*****7 Price Prem Ascendas Reit MB eCW*****1 2 0.2 210 1 Ascendas Reit MB ePW*****1 Expiry
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    • 70 26 CRUDE OIL PRODUCTS Mar 27 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 107.44 0.75 WTI (Near Mth) 101.33 1.09 Dubai (1-Mth F) 103.93 0.17 Tapis blend 110.91 -0.49 Minas 106.91 -0.49 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 101.89 0.11 Jet Kerosene 119.59 -0.29 US$/barrel OpecOil Basket
      70 words
    • 22 26 Mar 28 S$ Bid Offer 1-month 1.2616 1.2626 2-months 1.2616 1.2626 3-months 1.2616 1.2626 6-months 1.2614 1.2624 Source: OCBC
      22 words
    • 65 26 Mar-28 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1716.10 1695.50 3 months 1758.00 1738.00 Copper, Grade A(US$/tonne) Cash 6685.50 6572.00 3 months 6670.00 6561.50 Lead(US$/tonne) Cash 2044.50 2044.75 3 months 2067.00 2067.00 Nickel (US$/tonne) Cash *****.00 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.50 *****.00 3 months *****.00
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    • 121 26 As at 9am Mar 28 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.198 1.141 Can dollar 1.166 1.122 Euro 1.777 1.693 Sterling pound 2.139 2.057 NZ dollar 1.122 1.079 US dollar 1.290 1.229 Local dollars to 100 units of foreign
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    • 160 26 Mar 28 Mar 28 $S Offer Bid 0vernight 0.01 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.35 US$ Offer Bid 7 days 0.20 0.10 1 month 0.25 0.15 2 months 0.30 0.20 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60
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  • 2444 27 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
    2,444 words
  • Page 27 Advertisements
    • 44 27 na*n PLACE YOUR AD HERE The Business Times Shipping Times CALL JOE WONG AT 9620 1327 FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here in the Shipping Times? the business times Shipping times
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    • 16 27 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times
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  • Page 28 Advertisements
    • 145 28 mporters ooking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times I FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL
      145 words

  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • 645 29  -  By AMIT ROY CHOUDHURY amit@sph.com.sg THE explosion in the number of intelligent, connected devices is creating a network rich with information that provides a variety of valuable insights and business opportunities to different industries. This is creating a mul-ti-billion dollar opportunity
      645 words
    • 994 29  -  As WeChat spreads its wings internationally, the company is far more concerned with staking its claim on users for now, reports VICTORIA HO reportsVICTORIA reportsVICTORIA HO THE biggest Chinese chat app has no plans to make money for the next few years as
      PHOTO: AFP  -  994 words
    • 725 29  -  By KEVIN KWANG THE Internet of Things (IoT) era currently unfolding has resulted in more devices being connected to a network each day than any other time in history. Not only are PCs and mobile devices getting networked, even common household items such
      725 words
    • 288 29  -  By GOH KANG SHIONG gohkangs@sph.com.sg SINCE last Friday, iPad users in Singapore have been able to download for free the Microsoft Office app from the app store. The app allows users to view and present their documents on Word, presentation slides on
      288 words
    • 257 29 It’s Samsung vs Apple in court again AFP [SAN FRANCISCO] Apple and Samsung are slated to return to federal court in the heart of Silicon Valley today for a new round in their seemingly perpetual patent war. The case concerns smartphone and tablet patents and is just the latest in
      AFP  -  257 words

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    • 283 30 K H H J J r SAMSUNG a V Subscribe* now to The Straits Times All-in-One PLUS package for 36 months and receive a Samsung GALAXY Tab Pro (8.4" Display) LTE only $47.49 /month Available only to DBS and ROSE Credit Card holders Samsung GALAXY jab I PRD S/MSUNS A
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