The Business Times, 13 October 2016

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Total Pages: 32
1 32 The Business Times
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  • Title Section
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    22 1 THE BUSINESS TIMES A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BusinessTimes MCI (P) 052/08/2016 S$1.20 CO REGN NO *****2868E Thursday, October 13, 2016
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  • Article, Illustration
    Lock icon DAILY DIGEST
    224 1 The COE quota shrinks for the second straight quarter, contracting 6.2 per cent to 24,234 for the period between next month and January next year. TOP STORIES 4 Swissco’s suspension of interest payment for a S$100 million note issue could be due to the huge cash drain from
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  • Article, Illustration
    Lock icon Few pickings on SGX for those seeking to ride disruption wave
    1205 1  -  Analysts also warn that some old-school stocks are in danger of going the way of the dodo if they don’t evolve faster DISRUPTION By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore INVESTORS seeking to capitalise on the disruption theme via the
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  • Article
    Lock icon IPOs the dominant exit for startups; but S’pore lagging in this
    724 1  -  START UPS B y Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore INITIAL public offerings (IPOs), not mergers and acquisitions (M&A), form the dominant exit outcome for startups and on this Singapore’s track record has come up short. Jeffrey Chi, chairman of
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  • Article
    Lock icon MARKETS
    27 1 Wednesday Change STI 2,813.71 -42.42 KL COMP 1,667.03 -1.69 NIKKEI 225 16,840.00 -184.76 HANG SENG 23,407.05 -142.47 SHENZHEN B 1,185.83 -2.89 DOW (11.45 EDT) 18,141.33 +12.67
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      55 1 *****1 *****1 THE BUSINESS TIMES 0^ H W HARRY WINSTON TIMEPIECES Project Z THE HOURGLASS 270 ORCHARD ROAD #01-01 KNIGHTSBRIDGE SINGAPORE *****7 +65 6884 8484 1954 I SI 1) H ES RCHARD ROAD #01-12 fCASHIMAYA S.G. SINGAPORE *****2 +65 6733 0618 HARRYWINSTON.COM '<sL A. 7 II fl V as V
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      14 1 WIDENING THE NET Online prices now form part of S’pore CPI TOP STORIES 2
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      27 1 HOCK LOCK SIEW Singapore banks missing the boat in booming S-E Asia companies markets 8 STORIED PROPERTY Le Meridien in Sentosa going for S$300m REAL ESTATE 14
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  • TOP STORIES
    • Article, Illustration
      Lock icon Online prices now form part of S’pore consumer price index
      699 2  -  Department of Statistics has from earlier this year included online prices of items ranging from air tickets to appliances; move may impact monetary policy decisions By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore WAITING to pounce on the most affordable online air
      FILE PHOTO; Source: Department of Statistics  -  699 words
    • Article, Illustration
      Lock icon Lee and Turnbull hail deep friendship and closer partnership
      637 4 THE STRAITS TIMES Canberra AUSTRALIA is more than 10,000 times the size of Singapore and has abundant natural resources, while Singapore has none. The societies of both countries are also quite different in their make up, with Australia mostly Anglo-Saxon, and
      THE STRAITS TIMES; PHOTO: AFP  -  637 words
    • Article
      Lock icon COE quota to shrink for 2nd straight quarter
      487 4  -  The number for Nov to Jan will fall 6.2%, but Cat A and B premiums are expected to hold By Samuel Ee samuelee@sph.com.sg THE certificate of entitlement (COE) quota shrinks for the second straight quarter, contracting 6.2 per cent to 24,234 for
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    • Article
      Lock icon Falcon Private Bank faces Swiss criminal probe in 1MDB case
      435 4 REUTERS, AFP Zurich SWISS federal prosecutors have opened criminal proceedings against Zurich-based Falcon Private Bank for allegedly failing to prevent suspected money laundering linked to 1MDB, the scandal-hit Malaysian state fund, prosecutors said on Wednesday. Falcon becomes the second Swiss
      REUTERS,; AFP  -  435 words
    • Article, Illustration
      Lock icon 2015: Farewell, Mr Lee
      355 4  -  Landslide win for PAP in first post-LKY election; Noble collides with Iceberg. BY KENNETH LIM BY KENNETH LIM EE Kuan Yew, the man who led Singapore’s transformation into a first-world nation, died on March 23, 2015 at the age of 91, almost 50 years after the
      BT Graphics: Angeline Ngiam  -  355 words
    • Article
      Lock icon BOJ chief again bangs the drum for monetary easing
      628 5  -  He stands his ground despite the IMF and World Bank’s recent consensus that the practice is losing its effect By Anthony Rowley btworld@sph.com.sg Tokyo THE governor of the Bank of Japan (BOJ) has once again asserted the central bank’s determination to
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    • Article
      Lock icon Galaxy Note7 owners cheer news of full refund
      680 5  -  But it’s not yet clear where to get refunds or how to get a replacement with refunds for the price difference By Sherwin Loh sherwinl@sph.com.sg @SherwinLohBT Singapore OWNERS of Samsung’s Galaxy Note7 in Singapore can finally get a full refund for their
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    • Article, Illustration
      Lock icon Lloyds to cut 1,340 jobs under plan to boost profits
      288 5 BLOOMBERG London LLOYDS Banking Group plc, Britain’s largest mortgage lender, will eliminate about 1,340 jobs as part of a cost-cutting programme that started in October 2014. The move is part of a plan to pare about 12,000 roles by 2017,
      BLOOMBERG  -  288 words
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      185 2 MB n b Wednesday, 2 November 2016 Regent Singapore Banting Risk 8 Regulatio onference 2 Financial institutions today face various challenges such as relentless pace of regulatory changes, convergence in global regulations and competition from new market entrants. These challenges put stress on compliance functions as it may potentially cause
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      255 2 Registration Closing Soon! Graduate Certificate In Applied Portfolio Management (g-CAPM) Programme Dates: 14 20 November 2016 15 21 May 2017 The CAMRI Applied Portfolio Management Programme is a 7-day state-of-the-art applied portfolio management training programme at NUS Business School, Singapore, developed by academic professionals for investment professionals, and conducted at
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      4770 3 NOTICE OF MEETING THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS. If Noteholders (as defined below) are in doubt about any aspect of the Proposal (as defined below) and/or the action they should take, they should seek their own financial advice immediately from their stockbroker, bank manager,
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  • Page 5 Advertisements
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      238 5 A Data Protection Officer is mandatory for every company Enforcement by the Personal Data Protection Commission (PDPC) has begun. As seen from the PDPC website, more than 16 companies have been either warned or fined for failure to comply with the Personal Data Protection Act (PDPA). Are you operationally compliant
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      263 5 Do you have what it takes to be a CEO? u Self-awareness is the key to becoming an outstanding leader. This public lecture will help you understand your strengths and weaknesses and develop your leadership skills. SPEAKER: PROFESSOR ALEX FRINO OGNACO OONGFANG ODRATMN OOHS/V1 0DURAD0RE8 DOWNER EO DRAGON ORAOONENER DRAGOTMUN
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Idling of 4 jackups compounds Swissco’s cash woes: observers
      635 6  -  This could have led to firm’s call to suspend interest payment for a S$100m note issue By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore WHAT culminated in Swissco Holdings’ call on Monday to suspend interest payment for a S$100 million note issue
      FILE PHOTO  -  635 words
    • Article
      Lock icon Top Glove Q4 profit falls 36.1% on stiffer competition
      376 6  -  By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore INCREASING competition in the glove industry put a dent in profits for Kuala Lumpur-listed Top Glove Corporation, which has a secondary listing here, in its fourth financial quarter despite a slight expansion in revenue. But
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    • Article
      Lock icon Lower occupancy hits Soilbuild Reit’s Q3
      384 6  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore SOILBUILD Business Space Reit’s third-quarter revenue, earnings and distributions were hit by lower occupancies at its industrial properties. For the three months ended Sept 30, gross revenue fell 4.7 per cent to S$ 19.73 million from a year
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    • Article, Illustration
      Lock icon Singapore banks missing the boat in booming S-E Asia
      732 8  -  HOCK LOCK SIEW BY SIOW LI SEN lisen@sph.com.sg @SiowLiSenBT THE three local banks are not having a good year, mostly due to forces beyond their control, but they seem to be also scoring own goals missing opportunities right on their doorstep,
      PHOTO: REUTERS  -  732 words
    • CORPORATE DIGEST
      • Article
        Lock icon Jason Holdings
        99 8 the authorities have seized Jason Holdings non-executive director Jason Sim’s 23.62 per cent stake in the company as part of a court judgment on a claim brought against him by CIMB Securities for S$1.3 million. The 51 million Jason shares were seized in two parts on Sept 9
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      • Article
        Lock icon Otto Marine
        59 8 OFFSHORE marine player Otto Marine, which has been delisted from the Singapore Exchange, will redeem its US$70 million of outstanding notes in full by Oct 21. The offshore vessel-builder said that noteholders are entitled to redeem the principal and interest accrued up to the delisting redemption date in
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      • Article
        Lock icon Perisai Petroleum Teknologi
        64 8 EZRA Holdings associate company Perisai Petroleum Teknologi is in talks with a financial institution to secure financing that may pave the way for a deal on S$125 million of 6.875 per cent unsecured notes that came due on Oct 3. Kuala Lumpur-listed Perisai said on Wednesday that
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      • Article
        Lock icon Swiber Holdings
        43 8 SWIBER Holdings is unable to make the coupon payment for its S$160 million notes which falls due on Oct 18. The announcement was made by Swiber’s judicial managers in relation to the 7.125 per cent fixed rate notes due in 2017.
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    • Article
      Lock icon PSA invests in China’s railway container terminal network
      336 8  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore PORT operator PSA International has invested in a Sino-foreign joint venture tasked by the Chinese government with developing and operating 18 railway container terminals in the country. The investment in China United International Rail Containers Co
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    • Article
      Lock icon Wild swings are a regular occurrence in HK market
      915 8 BLOOMBERG Hong Kong THE world’s best-performing new listing this year is a Hong Kong civil engineering stock soaring for reasons that appear unrelated to its business. Luen Wong Group Holdings Ltd jumped 1,438 per cent on the first trading day after
      BLOOMBERG  -  915 words
    • Article
      Lock icon DeClout selling 72.09% stake in Acclivis to Citic Telecom
      487 9  -  It expects gross proceeds of up to S$45.6m and disposal gain of up to S$27.9m B y Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore CATALIST-LISTED DeClout’s key agenda to unlock value has been falling nicely in place. Three months after it spun off
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    • Article
      Lock icon Duty Free International’s Q2 profit up 46% at RM13.8m
      352 9  -  By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore A RISE in revenue and foreign exchange gains boosted results for Duty Free International (DFI) in its fiscal second quarter. Net profit surged 46 per cent to RM13.8 million (S$4.5million) from the year-ago period, the
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    • Article
      Lock icon Saka closes hedge fund as low interest rates fail to generate ‘sensible returns’
      640 9 BLOOMBERG Singapore SAKA Capital, the money manager started seven years ago by a former Lehman Brothers Holdings Inc trader, is closing its credit hedge fund as record low interest rates put a damper on returns. The Singapore-based
      BLOOMBERG  -  640 words
    • Article, Illustration
      Lock icon STI / Catalist
      64 10 STI Catalist Straits Times Index Oct 12, 2016 2,813.71 -42.42 (-1.49%) Current streak 4 days Day high 2,844.85 Day low 2,813.71 52-week high 3,083.07 (Oct 26, 2015) 52-week low 2,532.70 (Jan 21, 2016) FTSE ST Catalist Index Oct 12,2016 459.24 -1.13 (-0.25%) Current streak 2 days Day high 465.25 Day
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    • Article, Illustration
      Lock icon Wall Street selloff drags STI down 1.5%
      614 10  -  Banks, Singtel, Jardine Matheson and Sembcorp Marine close weaker; penny stocks again provide the main play TTSTOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT WALL Street’s Tuesday blowout ensured a weak day for the local market on Wednesday, the Straits Times Index (STI) dropping 42.42
      Source: Bloomberg  -  614 words
    • Article
      Lock icon STI STOCKS
      302 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 241 -8 247/241 257 209 6.4 6697.9 CapitaCom Trust 153.5 -4.5 157.5/153 164 127 5.6 4547.5 CapitaLand 308 -4 312/308 340 280 12.3 2.9 *****.7 CapitaMall Trust 209 -3 212/208 225 185
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    • Article
      Lock icon MOST ACTIVE
      34 10 VOLUME Noble 238,455,200 HLH Grp 166,974,100 SunMoon Food 78,717,800 Jasper Inv 76,485,000 ThaiBev 72,808,900 Market volume 2,465,660,000 VALUE Singtel 150,241,385 SATS 148,370,369 ThaiBev 68,027,303 UOB 63,174,029 DBS Grp 58,887,384 Market value 1,342,263,000
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    • Article
      Lock icon SGX ETFs
      106 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 287 -3 538 289/286 314/254 286/287 Lyxor HSI US$ US287 -3 268 290/287 296/218 -/-25 Lyxor ChinaH US$ US1405 -4 93 1408/1405 1530/999 1320/1405 77.3 DBXT MSTHAI US$ US1845 -116 78 1949/1844 2107/1419 1845/1855
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      76 10 Oct 12 VALUE CLOSE BT OB/OS 7.00 -174.00 BT CADI -*****.00 -125.00 BT 10-day MA -*****.00 FTSE ST Mid Cap 687.30 -11.08 FTSE ST Small Cap 386.63 -2.33 FTSE ST All Share 695.34 -9.32 FTSE ST China Top 158.11 -1.97 FTSE ST China 192.81 -1.54 FTSE ST
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      Lock icon STI / FTSE ST All-Share
      36 10 STI FTSE ST All-Share FTSE ST All-Share index Oct 12, 2016 695.34 -9.32 (-1.32%) Current streak 4 days Day high 702.00 Day low 695.34 52-week high 743.17 (Oct 26, 2015) 52-week low 625.37 (Jan 21, 2016)
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      Lock icon STI / MSCI EAFE
      33 10 STI MSCI EAFE MSCI EAFE index Oct 11,2016 1,677.74 -15.57 (-0.92%) Current streak 1 day Day high 1,693.45 Day low 1,674.86 52-week high 1,779.25 (Oct 26, 2015) 52-week low 1,492.43 (Feb 12, 2016)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 0 14 2 0 1 0 0 15 2 Manufacturing 26 41 24 7 10 11 33 51 35 Commerce 21 19 4 4 4 7 25 23 11 Tpt/Stor/Comms 10 14 8
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      125 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 13,443 238 13,681 45,060 39 45,100 Manufacturing 206,106 70,401 276,507 156,503 3,435 159,938 Commerce 349,081 108,949 458,030 122,353 1,076 123,428 Tpt/Stor/Comms 170,836 405 171,241 245,307 38 245,346 Finance 25,257 35 25,292 190,979 5 190,984 Construction
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    • Article
      Lock icon GAINERS
      78 10 BY CENTS CLOSE UP 52w high/low DBXT S&P Short US$ 1965 24.9 0.9 2362/1930 DBXT MSTaiwan US$ 2302 23.5 0.7 2332/1667 JSH USD 3359 12.4 0.3 3425/2524 China Intl 25 10.0 66.7 50/9.2 DBS Bk 4.7% NCPS ***** 10.0 0.1 *****/***** BY PERCENTAGE CLOSE UP 52w high/low Jasper Inv
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      Lock icon LOSERS
      75 10 BY CENTS CLOSE DOWN 52w high/low DBXT AUDBods AU$ ***** -175.1 -0.8 *****/***** DBXT MSTHAI US$ 1845 -160.2 -5.9 2107/1419 DBXT MSUSA US$ 5549 -153.3 -2.0 5660/4705 Jardine C&C 4118 -143.0 -3.4 4520/3071 DBXT Nifty50 ETF10 ***** -113.2 -0.6 *****/***** BY PERCENTAGE CLOSE DOWN 52w high/low GLP MB eCW*****2
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    • Article
      Lock icon UNUSUAL ACTIVITY
      82 10 VOL CLOSE($) CHANGE China Great Land 1,034.8 0.030 +0.015 +100.00 Jasper Inv 76,485.0 0.011 +0.006 +120.00 Fuji Offset 6.2 0.225 -0.075 -25.00 Next-Gen Sat 1,491.2 0.002 +0.001 +100.00 GSS Energy 21,831.2 0.098 +0.013 +15.29 Chasen 22,412.6 0.032 +0.004 +14.29 HLH 166,974.1 0.013 +0.003 +30.00 Eucon 1,373.5 0.024 +0.005
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    • BROKERS’ TAKE
      • Article
        Lock icon Singapore Post | Buy
        126 10 Singapore Post Buy Target price: S$1.77 Oct 12 close: S$1.53 UOB Kay Hian, Oct 12 WE believe Singapore Post’s (SingPost) current valuation remains attractive, as value of core traditional mail business and property accounted for about 93 per cent of its current value per share, which suggests that logistics and
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      • Article
        Lock icon Frasers Centrepoint Ltd | Add
        92 10 Frasers Centrepoint Ltd Add Target price: s$2.04 Oct 12 close: S$1.48 CIMB Research, Oct 10 FRASERS Centrepoint Ltd (FCL) has entered into a conditional agreement with Ticon to acquire a stake via a conditional share subscription. From a strategic perspective, we view this deal as a positive, and one which
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      • Article
        Lock icon Singapore banks | Negative
        159 10  - Singapore banks Negative Compiled by Cai Haoxiang Maybank Kim Eng Research, Oct 7 IN a recent report, our Indonesia head of research noted the material progress made with respect to the government’s tax amnesty programme. We, therefore, take a closer look at what it could mean for the Singapore banks’
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    • Article
      Lock icon CALENDAR
      16 10 DATA I Oct 13 US Federal Open Market Committee meeting minutes; US initial jobless claims
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    • Article
      Lock icon Sterling firms; court to rule on Brexit trigger
      381 11 CURRENCIES REUTERS London THE struggling pound rose on Wednesday following a brutal selloff, as British Prime Minister Theresa May’s offer to give lawmakers some scrutiny of the process to leave the European Union calmed market fears of a “hard Brexit”. Those fears
      REUTERS  -  381 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 11
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      • Article
        Lock icon INTERBANK CROSS RATES
        471 11 Oct 12 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.002 5.086 0.686 5.876 50.594 98.601 0.784 8.503 3.170 1.071 79.195 36.811 1.046 10.885 0.749 23.957 27.014 0.616 0.757 Canada 0.999 5.079
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        Lock icon SHANGHAI COMPOSITE
        2 11
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      • Article, Illustration
        Lock icon DOW JONES
        2 11
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 11 Oct 12 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0457 1.0465 0.7573 0.7576 Canadian dollar 1.0442 1.0449 0.7564 0.7562 Euro 1.5247 1.5254 1.1042 1.1043 NZ dollar 0.9764 0.9771 0.7071 0.7074 Sterling pound 1.6970 1.6982 1.2290 1.2294
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 11 Oct 12 S$ Bid Offer 1-month 1.3804 1.3812 2-months 1.3803 1.3810 3-months 1.3802 1.3809 6-months 1.3798 1.3806 Source: OCBC
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      • Article, Illustration
        Lock icon NIKKEI
        1 11
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        210 11 Most active Oct 12 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Equation Summit LimitedW*****2 0.1 unch ***** 1 1 120 5.00 10 Charisma EnergyServicesW*****3 0.2 -0.1 8552 1 3 1 Ntegrator Intl Ltd W*****3 0.4 unch 4921 1
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        377 11 In local curr In S$ In US$ dy yr dy yr dy yr Oct 11 Index Change Change Change Change Change Change World Preliminary 1302.2 -0.7 1.9 -0.6 -0.4 -1.0 2.4 EAFE Preliminary 983.1 -0.2 -3.0 -0.6 -5.0 -0.9 -2.2 Europe Preliminary 1409.1 -0.4 -0.2
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      • Article
        Lock icon SGX DERIVATIVES TRADING
        384 11 Oct 12 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Oct16 9717.50 9732.50 9660.00 9667.50 ***** *****5 Nov16 9740.00 9752.50 9685.00 9692.50 2324 2010 NIKKEI 225 INDEX FUTURES Dec16 *****.00 *****.00 *****.00 *****.00 ***** *****0 Mar17 *****.00 *****.00 *****.00 *****.00 153 2534 MSCI TAIWAN
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 11 Oct 12 $S Offer Bid 0vernight 0.03 Par 1-month 0.625 0.375 2-months 0.8125 0.6875 3-months 0.875 0.75 Overnight mode: 0.15 US$ Offer Bid 7 days 0.55 0.45 1 month 0.63 0.53 2 months 0.80 0.60 3 months 1.00 0.80 6 months 1.30 1.10 9 months 1.50 1.30 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        65 11 Oct 12 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****A 4.000 01-Sep-18 105.73 5-Year N*****0Z 1.250 01-Oct-21 99.22 10-Year NX*****F 2.125 01-Jun-26 101.86 101.93 101.75 15-Year NZ*****F 2.875 01-Sep-30 107.82 107.75 107.60 20-Year NZ*****X 2.250 01-Aug-36 99.04 99.20 99.20 30-Year NA*****H
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 11 Oct-11 Price Net change change Last Trade Agricultural Oct-11 CBOT Soybeans (US cents/bu) 954.25 -0.25 -0.03% 14/11/2016 CBOT Soybean Oil (US cents/lb) 33.16 -0.46 -1.37% 14/10/2016 CBOT Wheat (US cents/bu) 407.25 3.50 0.87% 14/12/2016 Oct-11 LIFFE Cocoa (£/tonne) 2249.00 19.00 0.85% 13/12/2016 LIFFE Coffee (US$/tonne) 2028.00 11.00 0.55%
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    • Article
      Lock icon SGX MAINBOARD
      1612 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Last Vol Day Div GrYld Net 149 127 AIMSAMP Cap Reit 139.5 -0.5 223 142 139.5 0.9 8.1 889 High 144 101 ARA Asset Mgmt 132.5 -3 237 135 132.5
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    • Article
      Lock icon SGX CATALIST
      341 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Last vol Day LOW Div GrYld 0.6 0.1 t Advanced Systems 0.2 unch 0 0.4 0.2 5.3 46.5 29.5 t Advancer Global 40.5 unch 553 40.5 40 16.1 70.1 HiBh 16.2
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    • Article
      Lock icon SGX ETF
      143 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale 1210 1061 CIMBASEAN40 S$D 1156 -46 5 1190 1156 905 736 CIMBASEAN40 US$ US848 -11 40 850 848 133 3268 2355 DBXT China50 US$ US3156 -70 7 3168
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  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      307 6 To celebrate the 40th anniversary of The Business Times, we are turning your Weekend inside out... Unwind in style with the all-new 2-in-i Business Times Weekend From Saturday 8 October, the weekend edition will feature a luxury lifestyle magazine called Weekend that will be your slick, up-to-the-minute guide to the
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  • Page 7 Advertisements
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      1053 7 Advertorial Asia’sFirstIntegratedCloud-basedSolutionForRetailers Over the past five years, cosmeceutical spa retailer Apex Hub has been managing its inventory and sales manually, a process which takes up large amounts of time and manpower. “Many small business owners feel they are spending too much time on administrative matters when they can be out
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      258 8 THE BUSINESS TIMES A MATTER OF TASTE PRESENT Thelatinstars winedinner Friday, October 21, 2016 7:00PM 10:30PM Alma by Juan Amador Goodwood Park Hotel The Business Times turned 40 on October 1, 2016. To celebrate this special anniversary, BT and Robert Parker Wine Advocate are pleased to present the Latin Stars
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      316 9 FRANCHISING LICENSING ASIA 2016 Exhibition Conference 13-15 OCTOBER 2016 10.30am 6.30pm (Thu Fri) 10.30am 5.30pm (Sat) Level 1, Hall B, Sands Expo Convention Centre Marina Bay Sands FUTURE READY Singapore Presenting... 1 The Singapore Pavilion lifcp .AlACTIV business management H BRIAN TRACY. GLOBAL Corporate Training Franchising 5f pSJSI lorange design
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  • Page 12 Advertisements
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      71 12 ON THIS OPPORTUNITY Reach out to investors and affluent readers in this Investor Information Page. Advertise at less than $5,800 per full colour ad (a special package for 4 leading newspaper titles The Straits Times, The Business Times, Lianhe Zaobao and The New Paper Sunday). Contact our Sales Team now!
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  • REAL ESTATE
    • Article
      Lock icon Suburbs lead y-o-y slide in condo rents: SRX
      497 13  -  Trend to continue with ramp-up in completion of new units in Outside Central Region By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore RENTALS of private apartments and condos in the suburbs fell at a faster clip over the past year than in the city-fringe
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      Lock icon JR Kyushu invests in S-E Asia property to cut reliance on Japan
      602 13 BLOOMBERG Tokyo JR KYUSHU Railway Co, the state-owned bullet-train operator seeking to raise as much as 416 billion yen (S$5.5 billion) in an initial public offering (IPO), plans to reduce its reliance on Japan by investing in residential
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      Lock icon Sentosa hotel on the market for S$300 million
      677 14  -  The Le Meridien S’pore, Sentosa is owned by Treasure Resort, which is majority owned by Rodney Tan and his family By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore THE hotel that was formerly known as Movenpick Heritage Hotel Sentosa and is being rebranded into
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      Lock icon Tighter financing rules for developers on the cards
      265 14 CHINA PROPERTY REUTERS Beijing CHINA’S securities regulator is looking to tighten rules for listed real estate firms to issue bonds and offer private placements, in a move to curb excessive capital flowing into the property market, the official Shanghai Securities News reported
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    • Article
      Lock icon Why China’s efforts to cool its property market won’t work
      317 14 BLOOMBERG Hong Kong FOR Beijing’s policymakers, taming China’s ever-growing property sector presents a challenge. While problems with the country’s overheating housing sector are nothing new, the fact that real estate prices are climbing so fast when wider economic growth is
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      Lock icon UBS sets up real estate venture in Brazil as prices dive
      614 15 Office vacancy rate in Sao Paulo and Rio de Janeiro above 22 per cent in second quarter, a record high BLOOMBERG Sao Paulo UBS Group AG is betting on Brazil real estate. The Swiss bank is starting a new
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    • Article
      Lock icon House hunt
      1579 15 Property transactions for districts 4 to 28 with contract dates between Aug 31 and Sept 6,2016 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$’000) PSF (S$) District 4 NON-LANDED Caribbean At Keppel Bay Apt 06/09/2016 99 1647 2255 1369 Skyline Residences Apt
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      Lock icon Swiss housing market less worrying: central bank
      208 15 BLOOMBERG Zurich THE Swiss National Bank has grounds to be a “bit less worried” about the housing market, although risks remain high, vice-president Fritz Zurbruegg said. With the central bank keeping interest rates low to prevent the Swiss franc from appreciating, officials have
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      157 13 For Sale Prime Freehold Residential Buildings Sites Near Orchard Road Cuscaden Walk nr Grange Road Hullet Road A t *r I! rr ff! > 0 if 5 Land 21,560 sf; GPR 2.8; 36 stys Potential GFA 60,368 sf approx. Extg 11 apts of 3,627 sf -300 m to Orchard MRT
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      114 13 FOR SALE LOT 4 PERTH, WESTERN AUSTRALIA PERTH’S MOST PRESTIGIOUS RIVERFRONT DEVELOPMENT OPPORTUNITY Lot 4 is the final site to be released in Elizabeth Quay Land area of 4486m2 Mixed use, residential, retail, office and hotel development opportunity Exceptional location close to major public amenities and the Perth CBD For
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      512 14 Lot 1957L Bt Tinggi Road Binjai Crest Chantek Binjai Pk Kg Swiss Club Link Lot 1939X Embassy of Switzerland Lot 1945M NEAR ALJUNIED MRT Annalyn Ooi (R*****6G) 6232 0886 9724 3662 CUSHMAN I WAKEFIELD II 4 separate land titles Total Land Area: 561.8 sq m (6,047sq ft approx.) Master Plan
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      90 14 Show Off Your Prize Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your New CEO Announcement Notices ®)JLL 2 Spacious Apartments at The Claymore for Sale 3-bedroom 2,680 sf 4-bedroom 3,348 sf Freehold; Efficient layout; Private Lifts Full facilities including tennis court Sale with vacant possession Cynthia Wong
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  • OCBC CYCLE 2016
    • Article, Illustration
      Lock icon Pedalling for a good cause
      372 16  -  6,800 cyclists hit the roads in both competitive and non-competitive rides at Singapore’s largest cycling event By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THE largest cycling event in Singapore, OCBC Cycle, returned for its second edition over the weekend of Oct 1-2 at the Singapore Sports
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  • BANKING & FINANCE
  • Page 17 Advertisements
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      364 17 Getting Your Tax Provisioning Right Avoiding the Pitifalls in Accounting for Current and Deferred Tax Correct tax provisioning requires the proper calculation of current tax and deferred tax. The application of deferred tax under FRS 12 "Income Taxes" has always been rather challenging even for the more experienced tax, accounting,
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      77 17 TiONMI A V Ml 0b, BOOKYOUR SPACE NOW! Reach out to parents ages 25 45 years old with children ages 3-12 years old at SmartKids Asia. Promote your brand, products and services at Asia's Largest Educational Kids' Fair, established since 2012! CONTACT US NOW! Mr Nicholas Tan 6319 ***** tannich@sph.com.sg
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      31 17 TIME TO SHOP Retailers are rolling out attractive offers for the Festival of Lights Start saving the Hektor way GET YOUR COPY TOMORROW TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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  • ENERGY & COMMODITIES
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      Lock icon Greatest sceptics of coal surge may be miners themselves
      1027 18 Wariness stems from rally being driven by Chinese policies that curbed production rather than any pickup in demand BLOOMBERG Hong Kong SURGING coal prices have been a surprise blessing for mining companies this year. But few of them seem to believe
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      Lock icon IEA sees faster rebalancing of oil market if Opec executes curbs
      498 18 BLOOMBERG London OIL supply and demand could come back into balance earlier than expected if Opec’s agreement to curb output is implemented, the International Energy Agency (IEA) said. “Our supply-demand outlook suggests that the market if left to its
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      70 18 Learning Opportunities Anytime, Anywhere Finding difficulties devoting time for learning courses? Now, you can learn on the go with a wide variety of online courses by STJobs Learning. 1 J mA Software Business i Marketing Design w N A i I ■M l j Office Productivity Personal Development Embark on
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  • TECHNOLOGY
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      Lock icon Samsung slashes Q3 profit estimate by a third
      744 19 It makes a 2.6 trillion won guidance cut for the July-Sept period following move to ditch troubled Note7 phone REUTERS Seoul SAMSUNG Electronics Co slashed its quarterly profit estimate by a third on Wednesday, soaking up a US$2.3 billion hit from ditching
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      Lock icon Amazon challenges Apple and Spotify with streaming service
      331 19 REUTERS London AMAZON.com Inc on Wednesday launched a music-streaming service with subscriptions at US$3.99 a month for owners of its Amazon Echo speaker, sending the industry towards more flexible pricing after years of US$9.99 subscriptions. “Amazon Music Unlimited”, lets users access a
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      298 19 2017: NewLeaders ASIA NewChallenges For November 29, 2016 8am to 2pm The Ritz-Carlton, Grand Ballroom The new year will see a new president in the White House and the emergence of China’s next generation of top-tier leaders. The Straits Times Global Outlook Forum examines how the leadership transitions will shape
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  • CONSUMER
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      Lock icon Australian Open serves up MasterCard as new payments partner
      542 20  -  3-year deal with Tennis Australia will see MasterCard boost its presence in the sport By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore MASTERCARD has entered into a new three-year partnership with Tennis Australia, a deal that the payments giant hopes will boost its
      PHOTO: AFP  -  542 words
    • Article, Illustration
      Lock icon Yum Brands’ China division eyes vast stores expansion after spinoff
      878 20 BLOOMBERG Shanghai YUM! Brands Inc, the US fast-food giant that’s spinning off its China unit, plans to add more outlets with the likelihood of tripling its presence to about 22,000 stores in Asia’s biggest economy. Yum China already has 7,300
      BLOOMBERG; PHOTO: PIZZA HUT  -  878 words
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      58 20 Everyone deserves a great Weekend In celebration of The Business Times’ 40th Anniversary, readers can enjoy discounts on Grab rides and dining deals at selected exquisite restaurants every weekend this October! Purchase a copy of The Business Times Weekend on 15 October 2016 to find out more! the Business times
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  • TRANSPORT
    • Article
      Lock icon Japanese dump cheaper cars for luxury models
      679 21 weak demand for light cars, which account for one in three vehicles sold in the country, means industry sales are set to shrink for second straight year BLOOMBERG Tokyo JAPANESE consumers are raiding discount stores for everything from cheap shampoo to furniture. But
      BLOOMBERG  -  679 words
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      Lock icon Food delivery apps spice up Indian train journeys
      520 21 AFP Mathura, India PASSENGERS on India’s vast railway network have long complained of the terrible meals on offer to sustain them on long journeys, but a slew of new services bringing fast food to their seats is changing the way they dine.
      AFP; PHOTO: AFP  -  520 words
    • Article
      Lock icon BMW unveils self-balancing motorcycle of the future
      322 21 AFP Los Angeles THE motorcycle of the future is so safe that riders can cruise without a helmet all of the thrills with none of the danger according to BMW. On Tuesday, the German carmaker unveiled its Motorrad Vision Next 100, a sleek,
      AFP  -  322 words
    • Article
      Lock icon Takata bidders, carmakers to meet this month; US$3b bid on the table: sources
      664 21 REUTERS Tokyo BIDDERS for Japan’s Takata Corp will meet this month with the carmakers that are key to its survival to consider options, including a US$3 billion bid, at a gathering that could determine the future of
      REUTERS  -  664 words
    • Article
      Lock icon Toyota, Suzuki holding partnership talks
      327 21 AFP REUTERS Tokyo TOYOTA and Suzuki said on Wednesday that they are holding talks about a possible partnership to handle “unprecedented” changes in the global car industry, as Japan’s vehicle sector sees a wave of consolidation. Toyota, the world’s biggest carmaker, and small car specialist
      AFP; REUTERS  -  327 words
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      194 21 SURVIVE VOLATILE TIMES WITH A DUAL SPEED BUSINESS MODEL DATE Tuesday Wednesday 1 2 November 2016 A High Performance Workshop by Paradigm Learning AsiaPac WHO SHOULD ATTEND? Entrepreneurs, Business owners, Business Development executives. Talent Pool and anyone interested to review, rejuvenate or develop new models. Early Bird VENUE SPH News
      194 words
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  • GOVERNMENT & ECONOMY
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      Lock icon Fed urged to continue efforts to expand workforce
      513 22 Go-slow approach on rates has already benefited many Americans as labour market improves: Fed president BLOOMBERG New York FEDERAL Reserve Bank of New York president William Dudley said the US central bank should continue seeking to draw Americans back into the workforce
      BLOOMBERG; PHOTO: BLOOMBERG  -  513 words
    • Article
      Lock icon Top German court hears challenge to EU-Canada trade deal
      410 22 Activists want to stop its implementation before ratification by all EU states REUTERS Karlsruhe, Germany GERMANY’S Constitutional Court on Wednesday began hearing a legal challenge to a planned EU-Canada free trade agreement that could paralyse the accord. Three German activist groups
      REUTERS  -  410 words
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      Lock icon Eurozone hopes to keep IMF in Greek bailout
      426 22 REUTERS Frankfurt EUROZONE finance ministers are working to keep the International Monetary Fund (IMF) as part of the Greek bailout and to address concerns about Greek debt sustainability, European Central Bank (ECB) board member Benoit Coeure said on Wednesday. The IMF would
      REUTERS  -  426 words
    • Article
      Lock icon Trump as president will pose global danger, says UN human rights chief
      434 22 REUTERS Geneva THE world will be in danger if Republican nominee Donald Trump becomes president of the United States, the top United Nations human rights official said on Wednesday. UN High Commissioner for Human Rights Zeid Ra’ad al
      REUTERS  -  434 words
    • Article
      Lock icon Manila formally invites UN rights official to probe killings
      420 22 AFP Manila THE Philippine government has formally invited a United Nations rights rapporteur to investigate the thousands of killings during President Rodrigo Duterte’s war on crime, a presidential spokesman said on Wednesday. “The (presidential) palace has sent the invitation to UN
      AFP  -  420 words
    • Article, Illustration
      Lock icon Pound rallies as PM May relents on Brexit debate
      712 23 investors relieved as she accepts demand to allow MPs to vote on her plan for taking Britain out of EU BLOOMBERG Singapore THE pound surged against the US dollar, heading for the biggest gain in almost two months, after UK Prime
      BLOOMBERG  -  712 words
    • Article
      Lock icon Thailand stocks, currency slump amid concern over king’s health
      470 23 AFP REUTERS Bangkok THAILAND’S junta chief said on Wednesday he planned to hold talks with the crown prince following days of unprecedented concern over the health of ailing King Bhumibol Adulyadej. King Bhumibol, 88, is the world’s longest-reigning monarch and beloved
      AFP; REUTERS  -  470 words
  • Page 22 Advertisements
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      196 22 EMBRACING CHANGE FOR LEARNING AND GROWTH Who should attend: Business Owners, Entrepreneurs, Senior and Middle Management, PMETs and Individuals HUMOUR INTELLIGENCE™ Humour is a potential sign of intelligence. If you can make people laugh, you make them more receptive to your proposal and your thoughts. Intelligent use of humour can
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      22 22 Find painters to do the job or promote your services in CLASS 112 To advertise, call the Print Classified Hotline: 1800-289 9988
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      1608 23 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices MEMSTAR TECHNOLOGY LTD. (Incorporated in the Republic of Singapore) Company Reg. No. *****1641K NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2016 Annual General Meeting (“AGM”) of Memstar Technology Ltd. (the “Company”) will be held at RELC, Room
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      9 23 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices
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      1942 24 !!2B0Hm'AND SECURE BRITISH AND MALAYAN TRUSTEES LIMITED (Incorporated in the Republic of Singapore) Company Registration No.: *****0010M NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of the Company will be held at the Board Room of British And Malayan Trustees Limited at 1 Coleman
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      3000 24 NOTICES Te l 6 2 8 9 8 8 2 2 I E m a i l n o t i c e s s p h c o m s g I w w w s p h c l a s s c o m s g TMC
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      1886 25 NOTICES Company Registation No. *****4719G ©gyp (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT THE 13TH ANNUAL GENERAL MEETING of the Company will be held at 450 Lorong 6 Toa Payoh, Horsing Centre Level 3 (Red Auditorium), Singapore *****4 on Friday, 28
      1,886 words
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      2938 25 CORDLIFE GROUP LIMITED (Registration Number: *****2883E) (Incorporated in the Republic of Singapore on 2 May 2001) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Cordlife Group Limited (the “Company”) will be held at the STI Auditorium, Level 9, 168 Robinson Road, Capital Tower,
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  • Page 26 Advertisements
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      2275 26 NOTICES Tel 6289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg B LU MO N T BLUMONT GROUP LTD. (tSi£WPS&W]) (Incorporated in the Republic of Singapore) (Company Registration Number: *****2554G) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING (“EGM”) of Blumont Group Ltd. (the “Company”) will be
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      69 26 THE BVI BUSINESS COMPANIES ACT, 2004 NOTICE OF LIQUIDATOR’S APPOINTMENT NOTICE is hereby given pursuant to Section 204, subsection (1)(b) of the BVI Business Companies Act, 2004 that MARKET GLOBAL ASSETS MANAGEMENT LIMITED is in voluntary liquidation. The voluntary liquidation commenced on 30thSeptember, 2016. The Liquidator of the Company is
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      469 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IREMIT SINGAPORE PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****3087H) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of iRemit Singapore Pte Ltd duly convened and held on the 6th day of October 2016, the following resolutions were
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      1442 27 NOTICES Company Registation No. *****4719G ©gyp (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the EGM of Global Yellow Pages Limited (the '‘Company”) will be held at 450 Lorong 6 Toa Payoh, Hersing Centre Level 3 (Red Auditorium)
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      3206 27 □B Equation Summit Limited EQUATION SUMMIT LIMITED (Company Registration No. *****1110N) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fortieth Annual General Meeting of Equation Summit Limited will be held at 2 Bukit Merah Central, Podium Block, Level 3, Room P301,
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  • OPINION
    • Article
      Lock icon Don’t let poor growth outlook dampen sentiment too much
      552 28 EDITORIAL INITIAL estimates of Singapore’s third-quarter economic growth will only be out on Friday, but already there are signs that things aren’t pretty. Both Deputy Prime Minister Tharman Shanmugaratnam and Trade Minister Lim Hng Kiang have said in recent days that
      552 words
    • Article
      Lock icon TTIP, protests and the lessons of history
      614 28  -  THE BOTTOM LINE By Brian Reading T The writer was an economic adviser to prime minister Edward Heath and is a member of the Official Monetary and Financial Institutions Forum advisory board. OMFIF ON Sept 17, a reported 80,000 people gathered in Berlin
      OMFIF  -  614 words
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      Lock icon Securing smart cities: key role for companies
      1292 28  -  The private sector can help to develop cybersecurity talent, spur innovation, and change the paradigm when managing and securing data. BY RICK SCURFIELD BY RICK SCURFIELD T The writer is president of NetApp Asia Pacific IN recent years, the rise of smart, digitally
      PHOTO: BLOOMBERG  -  1,292 words
    • Article
      Lock icon Boycotting SAARC isn’t the answer
      963 29  -  COMMENTARY By Pradumna B Rana T The writer is associate professor and coordinator of the international Political Economy Programme in the Centre for Multilateralism studies at the S Rajaratnam School of International Studies (RSIS), Nanyang Technological University, Singapore. This op-ed was previously published as an
      963 words
    • Article
      Lock icon On the road to a sterling crisis with a ‘hard’ Brexit
      677 29  -  By Desmond Lachman T The writer is a resident fellow at the American Enterprise Institute. He was formerly a deputy director in the International Monetary Fund’s Policy Development and Review Department and the chief emerging market economic strategist at
      OMFIF  -  677 words
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      Lock icon Haze-pollution control as infrastructure investment
      1309 29  -  The only way to stop slash-and-burn by farmers is to finance stakeholders’ costs of switching land-clearance methods. BY EUSTON QUAH AND JOERGEN OERSTROEM MOELLER BY BY EUSTON QUAH, JOERGEN OERSTROEM MOELLER T Euston Quah is professor and head of the Department of Economics at Nanyang
      YALEGLOBAL ONLINE; PHOTO: AFP  -  1,309 words
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  • Page 30 Advertisements
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      996 30 Vessel Voy Sin Pusan Tarawa Honiara Santo Port Vila Noumea Lautoka Suva Nukualofa Apia Pago Pago Papeete Lae P. Moresby Townsville APL Columbus V010E 23 May 06 Jun 22 Jun 26 Jun 29 Jun 01 Jul 03 Jul 06 Jul 08 Jul 10 Jul 10 Jul 15 Jul APL Columbus
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  • LIFE & CULTURE
    • Article, Illustration
      Lock icon Creepy clown hysteria spreads to Britain
      809 31 Some see trend being fuelled by demonic clown in Stephen King’s novel It, being remade into a film NYTIMES London THERE was the student who spread terror this week by running across the campus of Brunel University in west London dressed as a killer
      NYTIMES; PHOTO: AFP  -  809 words
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      Lock icon Search for Earth-like planet to rely on private funding
      966 31 NYTIMES New York A SCIENTIFIC research consortium on Tuesday announced plans to build and launch a privately financed telescope the size of a small washing machine in hopes of finding an Earth-like planet in the Alpha Centauri system, one of our
      NYTIMES; PHOTO: AFP  -  966 words
    • Article
      Lock icon Johnnie Walker rebound rests with Emma Walker
      731 31 BLOOMBERG London EMMA Walker was born 121 years after Johnnie Walker died. Her job is to bring his spirit back to life. The 37-year-old chemist fiddles with thousands of test tubes, pipettes and tinted nosing glasses to come up with new incarnations of
      BLOOMBERG  -  731 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 1
      338 31 CRYPTIC CROSSWORD Across 1 The end of play is baffling (6) 5 Imagine, my dear, a rum after end of round (8) 10 Question in church about acceptable fruit (6) 11 Make-up of Universal screening ET (8) 12 Flight of rocket with this person wearing space body suit (6,9) 16
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