The Business Times, 31 March 2005

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Total Pages: 51
1 52 The Business Times
  • 13 1 THE BUSINESS TIMES SINGAPb^S&e*- inline at http://business-times.asial.com.sg MICA (P) 089/03/2005 Thursday, March 31,2005
    13 words
  • 788 1  -  Share distribution, exchangeable bonds planned By ANGELA TAN [SINGAPORE] It is finally happening. Veteran banker Wee Cho Yaw's United Overseas Bank (UOB) is divesting just over a one third stake in property group United Overseas Land (UOL) the object of a heated takeover battle
    788 words
  • 138 1 STI 2,123.16 (-4.55) ST INDEX FUTURES 2,115.00 (-6.00) SIMSCI 251.82 (-0.40) SIMSCI FUTURES 251.60 (+0.20) MARKETS Wednesday Change KLSECOMP 877.75 -4.12 NIKKEI 225 11.565.88 -33.94 HANG SENG 13,425.75 +13.87 SET INDEX 672.82 -4.09 JAKARTA COMP 1.065.12 -5.17 MANILA COMP 1,951.38 +19.40 SEOUL COMP 955.45 -3.51 SHENZHEN B 254.02
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  • 553 1  -  DBS's Jackson Tai and Petra Foods also honoured By NANDE KHIN [SINGAPORE] Hyflux CEO and president Olivia Lum last night became the first woman to collect the top honour in the 20-year history of the Singapore Business Awards. She won the Businessman of the
    CHRIS LOH  -  553 words
  • Page 1 Advertisements

  • TOP STORIES
    • 692 2  -  Postal giant scraps plan to take stake in mobile phone services provider By MICHELLE QUAH, JOYCE KOH [SINGAPORE] The controversial deal between Singapore Post and Accord Customer Care Solutions (ACCS) collapsed yesterday, with the postal giant saying it will no longer take
      692 words
    • 36 2 IN Tuesday's report, "HDB to build major shopping mall in Clementi", we said the project would be completed by 2015. That's incorrect. The project will be completed by 2010. We are sorry for the error.
      36 words
    • Article, Illustration
      94 2 The winners of the Singapore Business Awards with guest-of-honour President Nathan yesterday. Jackson Tai (left), vice-chairman and CEO of DBS Group Holdings and DBS Bank, steered DBS through tumultuous changes in the domestic banking scene to become the biggest bank in South-east Asia. He was named Outstanding Chief
      PHOTOS: ARTHUR LEE, CHRIS LOH  -  94 words
    • 718 2 History will judge how I performed: MM WHAT legacy will modern Singapore's founding father Lee Kuan Yew leave the country? Mr Lee himself was modest when the question was asked of him yesterday after he delivered the inaugural address in the Citibank Legacies of Leadership series. How well
      718 words
    • 703 3  -  'I would say I did not fail, otherwise there wouldn't be a Singapore' Reports by CHUANG PECK MING in Hong Kong WHAT legacy will modern Singapore's founding father Lee Kuan Yew leave the country? Mr Lee himself was modest when the question was
      REUTERS  -  703 words
    • 533 3  -  By LARRY WEE [SINGAPORE] The Monetary Authority of Singapore is likely to stick with its current policy of modest and gradual appreciation for the trade-weighted Singapore dollar (SSNEER) at its semi-annual review next month, currency strategists and analysts say. MAS shifted
      533 words
    • 301 3 MINISTER Mentor Lee Kuan Yew said again yesterday that it is up to the younger generation of Singapore leaders to decide whether or not to go ahead with a casino. "It's a tough call," he said at the launch of the Citibank Legacies
      301 words
  • Page 2 Advertisements
    • 186 2 iii Ti- ■in ifcr i *jMr When you fly Business or First Class with Gulf Air from Singapore you'll receive a shopping voucher for use at one of Singapore's premier VeS^titAAM department stores. Business Class passengers will receive a voucher I jABP" fUI to t^ie value of $200* and First
      186 words

  • Page 3 Advertisements
    • 188 3 I MB I iffiWr F iMttl liil 1 g.j| At ÜBS Wealth Management, we know that financial success comes to those who plan for it. So we make sure we understand your entire wealth situation, before we craft your customized solution. Your advisor draws on the comprehensive expertise of our
      188 words

  • COMPANY NEWS
    • 650 4  -  HOCK LOCK SIEW By WONG WEI KONG IN THE end, there's no deal. Singapore Post will not be landing the stake in Accord Customer Care Solutions (ACCS) which it says it has been wanting so long. And ACCS will not be getting the blue-chip investor it sorely
      650 words
    • 648 4  -  But analysts expect Osim to proceed with plan to make general offer By JOYCE KOH THE announcement of Global Active's (GA) suspension of its chief executive caught everyone by surprise, and market watchers yesterday continued to speculate what's next in store. Many analysts told BT
      FILE PHOTO  -  648 words
    • 317 4  -  By ALEXANDRA HO EVEN as investors shed their Capita Land and Keppel Land stocks. JP Morgan has put out a research note advising investors to go "overweight" on both property counters. "The knee-jerk sell-off in Singapore's China property plays like Capita Land and Keppel Land
      317 words
    • 438 6  -  BT exclusive Third attempt at en bloc sale gives each of its 218 owners $1.084 m By SIOW LI SEN MARYLAND Park was finally sold en bloc yesterday to United Industrial Corporation, with each of its 218 owners pocketing just $1,084 million each.
      438 words
    • 469 7  -  QUARTERLY RESULTS Bumper orders in Q4; conversion to single-use products proving lucrative By CHEN HUIFEN AIRWAY devices maker LMA International yesterday reported a 20.4 per cfent jump in its full-year net profit to U5522.4 million, driven mainly by unusually large orders in Q4.
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    • 294 7  -  By JOSEPHINE TAY TPV Technology, the world's second-largest maker of computer monitors, said yesterday that its fourth-quarter turnover rose 38.9 per cent from a year before, despite slowing demand and inventory pressure. TPV. which makes monitors for brands including Bell and Hewlett-Packard,
      294 words
  • Page 4 Advertisements
    • 167 4 I ~"7; v j pi"i HI '(i >yr- T-»>: www.firstmedia.com.sg First Media Group of Companies (FM) is Singapore's largest Integrated Marketing Communications (IMC) group with presence in Malaysia, Indonesia and the Philippines. The FM suite of IMC services include p grt o j g strategy, strategic marketing j t j
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    • 575 4 lv/" i/fyjt FASTECH g| Notice of Annual General Meeting Fastech Synergy Ltd NOTICE IS HEREBY GIVEN that the ANNUAL GENERAL MEETING of Fastech Synergy Ltd (the 'Company") will be held on 27th April 2005 at 3:30 p.m. at Jubilee lounge, Raffles Hotel Singapore, 1 Beach Road, Singapore *****3 for the
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  • Page 5 Advertisements
    • 220 5 let Airways, India's most preferred airline starts daily non-stop flights to Mumbai from 15th April. When travelling to India, you can now choose to fly with one of the On board, you will have a choice of the best luxuries, a sumptuous world's most successful airlines Jet Airways. It has
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  • Page 6 Advertisements
    • 2132 6 [23J21 Corporation I Keppel Corporation Limited H Co Reg No: *****0351N (Incorporated in the Republic of Singapore) Notice of Annual General Meeting 73 That I v (i) approval be and is hereby given, for the purposes of Chapter 9of the Listing Manual of the SGX-ST, for /\4" DaaUc the Company,
      2,132 words

  • Page 7 Advertisements
    • 76 7 Unique split-case HRft construction in stainless steel, enclosing a selfwinding movement Sealed with a visible j t Cltytamer building on a 16% t' 1 facet design first introduced by Alfred Dunhill in 1936 A Du N H I LL I Alfred Dunhill LONDON The Paragon Cortina Watch Lucky Plaza Emotus
      76 words
    • 31 7 Toyota Showrooms Mon Sat: Bam 7.30pm, Sun: 10am 6pm RnrnMotors 33 Len 9 Kee Rd S^aP ol *****2 Tel: 6475 1288 £>oriieo 17 Übi Rd 4, Singapore *****1. Tel: 6741 6888
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  • SINGAPORE MARKETS
    • 530 8  -  STOCKS Local traders find that depending on a few stocks to push STI to new highs is not a recipe for long-term success R SIVANITHY Senior Correspondent BUILDING a bull market on a narrow base or relying on a small number of
      Source: Bloomberg  -  530 words
    • 218 8  -  By Teh Hooi Ling AS a vote of confidence in Singapore's second full service telecoms operator and cable TV provider, Star Hub's chief executive officer Terry Clontz yesterday bought 150,000 shares in the open market at $1.24 apiece. This brings his stake
      218 words
    • 722 8 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS SufamtM Ho of PTic* SHAIBMUMNG Shareholder I«y/ Sham far Before After Stock Tram Pete Director Sea ft ShrS fWO) TMQ Starhub 30-Mar-05 Steven Terrell Clontz Buy 150 1 -24 1535 0.07 1685 0.08 Mufti-Chem 30-Mar-05 Han Juat Hoon 'Buy 45 *****6 38.73 *****3 38.74
      722 words
    • Article, Illustration
      940 8  -  Compiled by R SIVANITHY Singapore Exchange March 30 do*: $2.09 BMP PARiBAS PEREGRINE. March 28 THE stock price is up 13 per cent since Jan 17; closing in on our target price: The strong share price performance has narrowed the upside potential to our target price to 5
      Source: Bloomberg  -  940 words
    • 532 8  -  CURRENCIES LARRY WEE Senior Correspondent NON-ASIAN counterparts got some relief from the strengthening US dollar yesterday after Wall Street's retreat to two-month lows in overnight trading, but Asian units remained under the cosh after the Japanese yen fell to fresh five-month lows.
      Source: Reuters  -  532 words

  • COMPANIES
    • 262 9  -  IPO WATCH Singapore-based medical technology company lodges share prospectus By ROLAND LIM SINGAPORE will see another medical technology player list this year if the plans of homegrown Biosensors International Group for an initial public offering (IPO) are approved. Biosensors lodged its preliminary prospectus with
      262 words
    • 227 9  -  By DALENA LEE NICO Steel Holdings launched its initial public offering (IPO) yesterday after receiving the go-ahead from the Monetary Authority of Singapore, in connection with its proposed listing on the Sesdaq. The full-service coil centre, primarily engaged in providing innovative metallurgical solutions,
      227 words
    • 297 9  -  By RAJU CHELLAM TWO companies providing niche services to the* electronics industry have lodged preliminary prospectuses with the Monetary Authority of Singapore (MAS) for Singapore Exchange mainboard listings. Global Testing Corp Ltd offers mixed-signal and logic chip testing. Advanced Integrated Manufacturing Corp Ltd
      297 words
    • COMPANY BRIEFS
      • 46 9 QAF has announced that its Australian wholly-owned subsidiary, Oxdale Dairy Enterprise, acquired a second dairy operation yesterday for about A 53.6 million ($4.6 million). It comes with 418 hectares of freehold land in Victoria, building, dairy livestock, and dairy production equipment.
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      • 70 9 SINGAPORE Press Holdings (SPH) has announced the appointment of Leslie Fong Yin Leong as its executive vice-president of marketing from April 1. Mr Fong was the former editor-at-large of The Straits Times. Separately, a special resolution has been passed for SPH Magazines subsidiary Blu Inc Holdings
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      • 86 9 Reuters [MUMBAI] Temasek Holdings has taken a 4.8 per cent stake in vehicle maker Mahindra Mahindra, as the Indian company and Ford India sold their cross-holdings in each other after nearly a decade, company officials said. Mahindra sold its 15.88 per cent stake in Ford, while
        Reuters  -  86 words
      • 63 9 FRASER and Neave announced that it has fully redeemed the U*****.25 million floating rate secured bonds due 2006 issued by Riviera Investment. Riviera Investment was set up to issue the bonds so that part of the proceeds may be loaned to Marine Parade View Pte
        63 words
      • 55 9 MAINBOARD-LISTED Autron Corp has announced that it is partnering with the CIT Group to offer financing options for its customers. Electronic manufacturers who may want to purchase or hire equipment from Autron can now obtain financing from CIT. Sources say CIT will invest an initial
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      • 25 9 CAPITAMALL Trust Management Ltd yesterday announced the appointment of Lim Beng Chee as its deputy chief executive officer with immediate effect.
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  • Page 9 Advertisements
    • 1873 9 LrJ.l.fJlLand Keppel Land Limited Co Reg No: *****0001G (Incorporated in the Republic of Singapore) Notice of Annual General Meeting and Closure of Books ALL MEMBERS ARE CORDIALLY INVITED to attend the Annual General Meeting of the Company which will be held at Four Seasons Ballroom, Level 2, Four Seasons Hotel,
      1,873 words

  • MID CAPS
    • 875 10  -  Marine transportation and engineering specialist fails to enthuse market despite its robust results, reports WONG WEI KONG WONG WEI KONG DESPITE Labroy Marine reporting robust results, the company's shares have remained largely stagnant over the last month or so. Yesterday, the stock ended at 57.5
      FILE PHOTOS  -  875 words
    • 42 10 UNIT TRUSTS FUNDS LEGEND: All prices are indicative; Broadly Diversified; Narowly Focused; S Lower Risk Low to Medium Risk: Medium to High Risk;** Higher Risk; open-ended; Before subdivision of units; After subdivision of units; SP after stock split; N.A. Non Dealing Day
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  • Page 10 Advertisements

  • SINGAPORE NEWS
    • 558 11  -  Move may mean lower fuel costs for power stations and cheaper electricity By RONNIE LIM TWO rival Singapore buyers of Indonesian natural gas SembGas and Gas Supply Pte Ltd (GSPL) could team up in a joint venture to get a better
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    • 241 11  -  By DALENA LEE NINE companies were presented with the International Headquarters (IHQ) award by the Economic Development Board yesterday in recognition of their choice of Singapore as their HQ location for expanding their regional businesses. The companies are Advanced Manufacturing Corporation, eSyS Technologies
      241 words
    • NEWS ROUNDUP
      • 60 11 ELECTRICITY tariffs will be reduced by an average of 4 per cent or 0.67 cent per kilowatt-hour for the quarter April 1 to June 30. The reduction is primarily a result of the lower cost of electricity arising from lower fuel oil prices.
        60 words
      • 95 11 CYGENICS, a leading adult stem cell biotechnology and immunotherapy company, announced yesterday that its subsidiary, Cord Life, has opened a new cord blood processing and storage facility in Hong Kong. The new facility, Cord Life Hong Kong, is backed by a full sales and
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      • 94 11 THE Senior Minister of State of the Ministry of Information, Communications and the Arts, Dr Balaji Sadasivan, is visiting the United Kingdom and France from today to April 6 with officials from the ministry and the National Heritage Board. He
        94 words
      • 108 11 SINGAPORE and the Republic of Korea signed a second Cultural Executive Programme yesterday to strengthen cooperation in the fields of arts, heritage and the new addition of media and design for 2005-07. The programme was signed in Seoul by Lim Soo Ping,
        108 words
      • 89 11 THE Singapore Tourism Board (STB) opened its New Delhi regional office in India yesterday. The move is part of its continuing worldwide efforts to strengthen its marketing position as a destination of choice for business and leisure travellers. The official opening
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      • 79 11 WITH effect from tomorrow, HDB has relaxed 19 renovation items that will not affect the safety of buildings. They comprise 17 building and t\yo sanitary items. The relaxation is part of HDB's ongoing process of improving its services to the public. Flat owners can
        79 words
      • 85 11 NUS Business School signed a memorandum of understanding with KUB Malaysia Berhad yesterday, paving the way for the school to provide management education to mid-level and senior executives in KUB's network of enterprises and government-related agencies. The school will conduct its executive
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    • 487 11  -  By SAMUEL EE THE motor insurance industry is finally back in the black with underwriting profit of $10.7 million last year, after having suffered massive losses since 2000. According to data released by the Monetary Authority of Singapore (MAS), the recovery began
      487 words
    • 423 12  -  To be explored are more frequent flights and destinations By JEAN CHUA in Yangon SINGAPORE and Myanmar have agreed to explore ways to improve air links between them to help realise Myanmar's tourism potential and strengthen bilateral relations. Singapore Prime Minister Lee Hsien Loong
      423 words
    • 423 12  -  By CHEN HUIFEN SINGAPORE'S manufacturing sector can do more to improve the development of its human resources, said Manpower Minister Ng Eng Hen. In a keynote speech at the Singapore Manufacturers' Federation dinner last night, Dr Ng urged the industry to upgrade their workers' skills so
      423 words
    • 188 12 IT'S a reality that can't be ignored one in three workers here will be older than 50 in 10 years' time. Last year, workers aged 50 and over made up 22 per cent of the work force but that could rise to 29 per cent
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  • Page 11 Advertisements
    • 194 11 NOTICE IS HEREBY GIVEN that a SPECIAL GENERAL MEETING of the Company will be held at Amara Singapore. 165 Tanjong Pagar Road, Connection 1, Level 3, Singapore *****9 on Friday, 22 April 2005 at 4.30pm (or as soon thereafter following the conclusion or adjournment of the Annual General Meeting of
      194 words
    • 810 11 ,J .'s NOTICE IS HEREBY GIVEN that the Annual General Meeting ("AGM") of Lafe Technology Limited ("the Company") will be held at Amara Singapore, 165 Tanjong Pagar Road. Connection 1. Level 3. Singapore *****9 on Friday, 22 April 2005 at 4.00pm to transact the following businesses: AS ORDINARY BUSINESS 1.
      810 words

  • Page 12 Advertisements
    • 1242 12 f bestworld a brand new BEST WORLD INTERNATIONAL LIMITED Registration No. *****6030Z (Incorporated in Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of the shareholders of the Company win be held at 18 Cross Street, Bth Floor Marsh McLennan Centre, Singapore *****3 on Monday, 18 April 2006 at
      1,242 words
    • 180 12 PL^FR^TO Channel N»wsA*ia an<? T>* Sowy tnWMfcir, Tho StfrdgyTtaM, M^ySos!hUe,|tei k*? WzwWF fW *B I* jpf^bmh| *f» affltKlStpassionate local spaaksr "Tfcanb far potetoOT^iAjM Fl«»ly* if V#M<fc. VWlfy Tfavo com* ocrou thu« far after attending with us Your holistic approoch tofrofmg, tir> fi««ty*ii Itiii upti i'i Isnrlinj '"pl-torn Tr iriinp With
      180 words

  • CEO'S NOTEBOOK
    • 1466 13  -  From catching spiders to teaching people how to make money from options trading, Clemen Chiang has come a long way fast. He talks to RAJU CHELLAM RAJU CHELLAM IF YOU'RE intrigued by a slew of press ads that dangle names of people who made anywhere between
      CHRIS LOH  -  1,466 words
    • 582 13  -  By RAJU CHELLAM OPTIONS trader Clemen Chiang calls them "millionaires" the 100 participants at his monthly seminars who pay about $2,400 each for an intensive four-day programme that lasts 12 hours a day for the first two days and finishes at 2am
      582 words
  • Page 13 Advertisements
    • 251 13 Thb Mrttft k to you bf LIFE 800 xT} fuJttsu HjE^HagHMHH£|^P||- I Fujitsu recommends Microsoft® Windows® XP Professional. The Lifeßook EBO2O offers maximum sophistication in an ultra-portable form factor. Mobile professionals can enjoy hassle-free wireless connection at hotspots anytime, anywhere. Ergonomically designed with a full-sized keyboard, demanding tasks can now
      251 words

  • FOCUS: SERVICES
    • 1010 14  - Fast ferries a thriving industry S'pore is one of the leading makers of fast ferries in the world. ALEXANDRA HO looks at the industry's challenges and growth prospects ALEXANDRA HO HOP on a ferry to the ever-popular Bintan Resorts and chances are that the ferry would have been made In
      ARTHUR LEE  -  1,010 words
  • Page 14 Advertisements
    • 162 14 ■■■■■BHHHHHfIDIi i^IfiiiiifBBBB^BBBBIBBBBBBBBBBBBBBBBBBP v wlffl^HßilHl 4&s? Sir :fi fg^WtMii.^W-fll^MiiiiMWMßHWlwßMi MS MS BP*Sa I HPrrlMi J -■>-■••' W^^^^mtiv'#* »tJII Ij L f wflBP ■v:«BI IiFSWMBfBH l^-||^^Bi*l§f«*iH^: L--«MBfe^y^^ Pfj Ik. < yß^Bf|l.if£|pl™ .wi Iff flflKL 'TSiwHP^'Ti^H^^^^H^li^^B^Bß|WW|P g^^^^H|BPß| jgK I 1 I BIT L J m MB* i ig x M' r* dPPn"' t*
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    • 355 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 TONG YONG LABELS PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN THAT pursuant to Section 308 of the Companies Act, Cap. SO that the final meeting of members of the abovenamed company will be held at 18, Jalan Masjid,
      355 words

  • ECONOMY WATCH
    • 500 15 LATEST US DATA Price pressures picking up, but steady growth expected Reuters Bloomberg [WASHINGTON] The US economy ended 2004 with brisk momentum on the strongest surge of corporate profits in three years, the government reported yesterday, though there were
      Reuters; Bloomberg  -  500 words
    • 622 15 Its foreign assets plan seen capping any yen gains Reuters [TOKYO] In four years, Japan's public pension fund is expected to manage US$l.4 trillion a figure roughly the gross domestic product of Italy. That will make it not only one of the biggest forces in
      Reuters; REUTERS  -  622 words
    • 331 15 AFP [BEIJING] China will not let the needs of any single foreign country dictate when it moves ahead with exchange rate reform, the central bank chief said yesterday in a message apparently aimed at the US. "We will not base
      AFP  -  331 words
    • 231 15 AP (KUALA LUMPUR] Former Malaysian Prime Minister Mahathir Mohamad, whose economic management during the 1997-98 financial crisis won worldwide accolades, says the US dollar is heading for a collapse, and urged international businesses to trade in euro, reports said yesterday. In a dialogue session
      AP  -  231 words
  • Page 15 Advertisements
    • 74 15 VVTWIUv hlandj > Mauritius K^Wwtjkoitf ftHWM Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection estate planning. For further information and immediate service please contact: Florence Nathan or Marie Urn OFFSHORE CORPORATE SERVICES 1 Raffles Place, #21-01 OUB Centre
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    • 2472 15 BONVESTS HOLDINGS LIMITED (Registration No.: *****0282 M) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Sixth Annual General Meeting of the Company will be held at Sheraton Towers Singapore, 39 Scotts Rood, Function Room 1, Level 2, Singapore *****0, on Tuesday,
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  • Page 16 Advertisements
    • 1637 16 Iff BTELECOM INTERNATIONAL HOLDINGS CO. LTD. lit k iKis+mmmammmiam tMU k Registration No.: ***** (Incorporated In Bermuda) A NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN mat the Annual General Meeting of the Company will be held at Suntec Singapore International Convention Exhibition Centre, 1 Raflles Boulevard, Meeting Room
      1,637 words
    • 421 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 [(Section 290(2)(b)] AND IN THE MATTER OF PROVIDENT SECURITIES PRIVATE LIMITED (In Members' Voluntary Liquidation) Co. Reg. No. *****0266Z NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at 18 Church Street, #01-00, OCBC Centre South, Singapore *****9
      421 words
    • 422 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 [(Section 290(2)(b)] AND IN THE MATTER OF OCBC REALTY PRIVATE LIMITED (In Members' Voluntary Liquidation) Co. Reg. No. *****0502K NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at 9 Battery Rood, #07-00, Straits Trading Building, Singapore *****0
      422 words
    • 425 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 [(Section 290(2)(b)] AND IN THE MATTER Of OCSC PROPERTIES PRIVATE LIMITED (In Members' Voluntary liquidation) Co. Re* No. *****0265 C NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at 9 Battery Road, #07-00, Straits Trading Building, Singapore
      425 words
    • 1511 16 HERSING CORPORATION LTD (Company Registration No. *****6986E) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of HERSING CORPORATION LTD (the "Company") will be held at 615 Lorong 4 Toa Payoh, Singapore *****6, on Monday, 18 April 2005 at 9.00 a.m. for
      1,511 words
    • 477 16 THE THAI PRIME FUND LIMITED (Company registration no:*****3033G) (Incorporated in th« Republic of Singapore) Notice of Seventeenth Annual General Meeting NOTICE IS HEREBY GIVEN THAT the Seventeenth Annual General Meeting of (he Company will be held at the Meeting Room, 9 Raffles Ploce #42-01 Republic Plaza Singapore *****9 on Wadnesday
      477 words
    • 202 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTE* OF AGB TELEVISION ASIA PACIFIC PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Company Reg. No. *****6062 M NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Ad, Cap. 50, that a Final Meeting of the Members
      202 words
    • 1065 16 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF SUNWAY WORKFLOW AUTOMATION PTE LTD (Incorporated in Singapore) (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of Sunway Workflow Automation Pie Ltd duly convened and held at 298 Tiong Bahru Road #12-01/06 Central
      1,065 words

  • MALAYSIA/INDONESIA
    • 501 17 Poor logistics support, bad weather hamper rescue efforts Reuters AP AFP [GUNUNGSITOLI, Indonesia] Survivors combed the rubble of buildings for loved ones on Indonesia's earthquake-devastated Nias island yesterday as reports emerged of hundreds of additional deaths on a nearby island group. On Nias,
      Reuters; AP; AFP; REUTERS  -  501 words
    • 217 17 Bloomberg [HONG KONG] HSBC Holdings Pic, Europe's biggest bank by market value, may become the first foreign company to enter Indonesia's growing market for consumer loans and financial services that comply with Islamic law. "We are quite keen to enter the retail
      Bloomberg  -  217 words
    • 4 17
      4 words
    • 57 17 PRIME Minister Lee Hsien Loong has sent a letter of condolence to Indonesian President Susilo Bambang Yudhoyono on the earthquake that hit North Sumatra on Monday. According to a press statement issued by the Ministry of Foreign Affairs yesterday, PM Lee expressed his sympathies to the
      57 words
    • 202 17 Reuters [JAKARTA] Indonesia's second-largest telecommunications company, PT Indonesian Satellite Corp Tbk, said 2004 net profits fell 73 per cent due to 4.5 trillion rupiah (Ss7Bl million) of extraordinary gains it made in 2003. However, analysts were predicting that the company, 42 per cent owned by
      Reuters  -  202 words
  • Page 17 Advertisements
    • 902 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 [Section 290<2Mb)l AND IN THE MATTER OF SEED VENTURES MANAGEMENT PTE LTD (In Mtflibflfl' Voluntary Uquiddion) Co. Reg. No.: ********** NOTICE Of RESOLUTIONS At on Extraordinary General Meeting of the Company hold at 396 Alexandra Road 16-03 BP Tower Singapore *****4
      902 words
    • 1157 17 R^Haumpsr Haw Par Corporation Limited (Company Registration Number *****0437 M) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Thirty-Sixth Annual General Meeting of the Company will be held at 80 Raffles Place, 61st Storey, (JOB Plaza 1, Singapore *****4 on Thursday,
      1,157 words

  • GREATER CHINA
    • 500 18  -  He says Beijing won't let HK set political pace By CHUANG PECK MING in Hong Kong STICK to business and stay away from politics -r that's the advice Minister Mentor Lee Kuan Yew has for Hongkongers. "Beijing has no intention of allowing
      500 words
    • 437 18 It says its telecom business has 'begun to stabilise', after losses in 2003 Bloomberg Reuters [HONG KONG] PCCW' Ltd, Hong Kong's largest phone company, reported HK$l.64 billion (*****.4 million) in profit for 2004, its first annual net income in three years after
      Bloomberg; Reuters; REUTERS  -  437 words
    • 209 18 A report shows that 700 m yuan had been removed from the firm AFP {BEIJING] The 31-year-old former president of south Chinese beverage group Jianlibao has been detained for alleged embezzlemenl on a huge scale, state media reported yesterday. Zhang Hal, also formerly a
      AFP  -  209 words
    • 229 18 Reuters [BEIJING] A Shanghai online game player stabbed to death a competitor who sold his "cybersword", the China Daily said yesterday, creating a dilemma in China where no law exists for the ownership of virtual weapons. Qiu Chengwei, 41, stabbed
      Reuters  -  229 words
  • Page 18 Advertisements
    • 144 18 ■UkaUipSVnHßraN TOE BUSINBS I:^^^"n ,,nd^feM v Tuc Dl ICIMCCC Tlll/ICC The Business Times Mt DUjll ILJJ llVlti i > i i 1 i Name: NRIC: Age: Sex:M/F Occupation: I Address: S( )Tel: Email: Sponsored!* BALL Please mail your entries to: The Business Times/Ball Contest, Locked Bag 009, MacPhdrson Road Post
      144 words

  • ASIA-PACIFIC/WORLD
    • 453 19 Tycoon agrees to be interviewed by regulators investigating AIG LAT—WP NYT Bloomberg [NEW YORK] Uncharacteristically on the defensive, billionaire Warren Buffett on Tuesday denied having been briefed on suspect transactions between a unit of his Berkshire Hathaway Inc and insurance giant American International
      LAT—WP; NYT; Bloomberg  -  453 words
    • 586 19  -  ASIA INSIGHT ANTHONY ROWLEY Tokyo Correspondent FORECASTS continue to point to a strong global economy, fed by domestic demand in the US and continuing high levels of investment in China, both of which are generating strong demand for Japanese exports and driving growth
      586 words
    • 199 19 AIG controversy Source: Lot Angelos Times Tlm issue Suspect transactions between a unit of Berkshire Hathaway and American Internationa) Group. Did Warren Buffet* know? The company in foot General Re is a leading reinsurance firm. It is also 4 global leader in finite-risk insurance whidi covers situations
      Source: Lot Angelos Times; Photo: AP  -  199 words
    • 180 19 NYT [NEW YORK] Philip J Purcell. who secured his position at the top of Morgan Stanley by ousting a rival in a bitter power struggle, now faces a revolt of his own. A long-simmering dispute over the direction of Morgan Stanley erupted in a
      NYT  -  180 words
    • 569 19 NYT [NEW YORK] The US Securities and Exchange Commission (SEC) on Tuesday gave companies wide latitude in calculating the expense to be recorded for stock options issued to executives and other employees. The move may enable companies to keep reported costs low
      NYT  -  569 words
    • WORLD WATCH
      • 71 19 Reuters [BRUSSELS] European ministers gave the green light yesterday for US nominee Paul Wolfowitz to take over as head of the World Bank after hearing soothing assurances on fighting poverty from the architect of the Iraq war. The US deputy secretary of
        Reuters  -  71 words
      • 69 19 AP [HONG KONG] Standard Chartered Pic yesterday named the sister of Hong Kong leader Donald Tsang as the head of its China operations. The bank said Katherine Tsang. who was previously head of the Organisational Learning department, has an "in-depth understanding
        AP  -  69 words
      • 68 19 AFP [SEOUL] Eight South Korean groups and two others led by foreign equity funds presented proposals yesterday to buy Jinro, a famous brand and the market leader for soju alcoholic drink. The preferred bidder will be picked next month. The domestic bidders
        AFP  -  68 words
      • 63 19 Bloomberg [NEW YORK] Carlyle Group, an 18-year-old investment firm whose former advisers include ex-president George HW Bush, raised US$7.B5 billion for the world's biggest buyout fund. Carlyle's fund eclipsed the U556.45 billion that Blackstone Group LP attracted in 2002. Blackstone, along with competitor
        Bloomberg  -  63 words
  • Page 19 Advertisements
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  • AVIATION
    • 440 20 It plans to raise fuel surcharge on both domestic, overseas flights in May Reuters [BANGKOK] National carrier Thai Airways International said yesterday it expects a 60 per cent rise in net profit for.the current financial year to Sept 30 and plans to raise
      Reuters  -  440 words
    • 217 20 Reuters [HONG KONG] Cathay Pacific Airways, Hong Kong's dominant carrier, said yesterday it is satisfied with the shareholding structure in its smaller rival, Dragonair, and has no current plans to change it. Cathay owns 18 per cent of Dragonair, which is 43
      Reuters  -  217 words
    • 397 20 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), AI: Air India (AK), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), BI: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
      397 words
    • 410 20  -  By VEN SREENIVASAN SINGAPORE Technologies Aerospace, the aerospace arm of ST Enginnering, yesterday opened its 10th hangar in Singapore. The new $12 million hangar at Seletar Airport, which is capable of simultaneously handling two nar-row-body aircraft, will be used to service the fleets
      BRYAN NEIL VAN DER BEEK/ST  -  410 words
    • 205 20 Bloomberg [SINGAPORE] VALUAIR, a Singaporebased budget carrier, said it may lease larger aircraft to fly to destinations of up to eight or nine hours from the island state as it seeks to expand its route network. The airline is currently examining twin-aisle aircraft options
      Bloomberg  -  205 words
    • 103 20 Reuters [WASHINGTON] Fatal plane crashes of all types fell slightly last year in the US with no major airline accidents recorded, the National Transportation Safety Board said. Preliminary figures show total fatalities dropped to 635 in 2004 compared with 695 in 2003. There were 1,715
      Reuters  -  103 words
    • 280 20 Reuters [BUDAPEST] The United States' negotiator with the European Union on eliminating subsidies for aircraft manufacturing rivals Airbus and Boeing said on Tuesday that he did not expect a deal by the April 11 deadline. "From my last conversation with (European
      Reuters  -  280 words
    • 310 20 Practice disrupting operations of state-run carriers AFP [NEW DELHI] Indian Aviation Minister Praful Patel yesterday said he has called a meeting of executives of the country's new private airlines to ask them to stop poaching pilots from staterun carriers. "Some level of recruitment is
      AFP  -  310 words

  • SHIPPING
    • 853 21 Profit may be highest ever in its 100-year history: analysts Bloomberg [OSLO] AP Moeller-Maersk A/S, the world's largest shipping company, may say 2004 profit was the highest in its 100-year history as China's exports kept container vessels full and oil sold for near-record
      Bloomberg; FILE PHOTO  -  853 words
    • 80 21 [LIMA, Peru] Workers at Callao. Peru's biggest port, monitor the unloading of containers shipped by the world's major trading companies, in Lima. Callao, which handles 90 per cent of the country's foreign trade, is struggling to cope with an export boom in Peru. The government plans to privatise
      REUTERS  -  80 words
    • 446 21 Bloomberg [BEIJING] Persian Gulf oiltanker rates for shipping 2 million barrels of crude to Asian refineries may be little changed for a second week as vessel supplies for April shipments are enough to meet demand. About 65 per cent of cargoes scheduled
      Bloomberg  -  446 words
    • 300 21 SGX i$l *000 >Ur3> SS W- Vol CH Offshore..... 035 unch 579 ChuanHup .0.71 -0.01 1537 Cosco Corporation 1.57 -0j03 8697 CWT Distribution .0.61 unch 0 Ezra Hldgs 1.10 unch 89 Freight unks 0 09 0.01 236 Grand Banks Yacht 1.00 -0.01 10 JayaWoMngi 1.06 -0.02 43 K1
      300 words
    • 126 21 Reuters [LONDON] APL, the global container shipping arm of the NOL Group has announced the formation of its own organisation in Poland. From tomorrow, APL Poland, based in Gdynia will assume responsibility for all APL activities in the country. The company will be headed by
      Reuters  -  126 words
    • 303 21  -  It'll provide two cranes to Mexico, one to India By DONALD URQUHART [SINGAPORE] Port equipment engineering company Portek International Ltd has sealed two new crane orders in India and Mexico. The orders are worth a total of $12 million. In Mexico, mainboardlisted Portek
      303 words
  • Page 21 Advertisements
    • 216 21 nd*i**KiaM2a9tt2l IN THE MATTER OF THE COMPANIES ACT (CAP 60) AND IN THE MATTER OF VASTLONG ENGINEERING MARINE SERVICES PTE LTD Company Registration No: *****2947W (In Creditors' Voluntary Liquidation) NOTICE OF FINAL MEETING Notica it haraby givan that pursuant to Saction 308 of the Companiaa Act (Cap 50), that the
      216 words
    • 225 21 NOTICE TO TRADE FEEDER OPERATORS SOC SHIPMENTS REVISION IN FUEL ADDITIONAL (FA) EFFECTIVE 15 APRIL 2005 Arising from the regular review of bunker prices, feeder operators wish to inform the trade that the current Fuel Additional (FA) will be revised to the following levels for all inbound and outbound shipments
      225 words

  • EDITORIAL & OPINION
    • 486 22 EDITORIAL MALAYSIA has removed almost all its capital controls, save for its currency peg. Last week, the Malaysian central bank scrapped and eased restrictions on the foreign repatriation of funds by individuals, fund managers and companies. Malaysians no longer need to inform the central bank should they
      486 words
    • 772 22  -  THE BOTTOM LINE ROBERT SAMUELSON THE interesting question about the advent of US$5O-a--barrel oil is whether it signals a new era in the economics and politick of energy. To sharpen the question: Have we entered a period when, owing to consistently strong demand and
      772 words
    • 892 22  -  Business could help by using new technologies that enable higher productivity at older ages By FARIBORZ GHADAR LATWP IN THE swiftly changing global economy, only nations, corporations and workers that remain flexible will survive and those most willing to adapt will thrive.
      LATWP; AFP  -  892 words
    • 1901 23  -  Apart from fundraising, it is a strategic move by China to restructure its Big Four, and nurture a sound banking system By TIGER TONG TARRED by a series of scandals, China Construction Bank and Bank Of China could still receive about US$5 billion each, from
      AP  -  1,901 words
    • 276 23  -  LETTERS TO THE EDITOR Leong Sze Hian Singapore I REFER to media reports that the Immigration and Checkpoints Authority (ICA) will lower the passport fee from $70 to $60 or $50 (for applications online or by post), for passports that are issued on or after
      276 words
    • 99 23  -  Choo Chin Teck Company Secretary Keppel Land Ltd KEPPEL Land Ltd wishes to clarify the reasons for its late reporting of shareholding changes. Temasek's substantial shareholding Notice was filed with SGX on March 8 and faxed to Keppel Land Ltd on the same day to
      99 words

  • Page 23 Advertisements
    • 103 23 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletteresph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
      103 words
  • Page 23 Miscellaneous
    • 206 23 CRYPTIC CROSSWORD wicket 7 (4) 29 Female boss in Berkshire town should have refused! (10) round (4) (10) 11 Leader of Brits, eminent fool YESTERDAY'S SOLUTION DOWN n foreign provincial Across: 1 Postal vote, 8 Shoo, 9 1 Disturbance in the earth (4> S' H ualiant rc Candelabra, 11 Tureen
      206 words

  • 2471 24 SGX XTRANET U-Wk Td Lact Vol Day Last Quote GfDhf Div GrYW NM MCap ln» Cod* Ciwpwy i* W- COW) HW law twyr Sdhr Cw Wt hnS 6065 Diamonds US2060cd 2120 6095 ISDJUSTccti US3740 6097 15 MSCI Spore US555 6101 I5S4P500 US8270xd 6170 SfWB U*****0 2195 1775 6235
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  • 3400 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES local am ImSS ImUSt %dfy yr yr dy %yr Intf— Onag« Oxng* Ofngt Owng* Owng* Changa World Indw Preltminari 851.7 ftp -Oil M -03 at -13 ttAftPrdwiww 7863 -ft* 23 -02 -Oil -02 -U lOSM fll 33 04 0.7 1X4 -05 Pudfc: 6733
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  • Page 26 Advertisements
    • 1818 26 IMPORT L' ...V m m. I 1 NORTH AMERICA AUSTRAUA/NEW ZEALAND i I j.,,i m hh'Iii"~ 1 11 1 l SUPER SHtHTLE EXPRESS (SSX) |AUSTRALIA ASIA EXPRESS (AAX) VESSEL VOY LGO SIN PKG > '"'"f 11 piiimi PIO NEDUOYD KOOE 44W10 16/03 03/04 05/04 *> 3! §5 I ooa. ATLANTA
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  • Page 27 Advertisements
    • 822 27 T MOi Combine* 7 C o fono» of snipping moon lo ensure timely, fNoon tofvictt covmng nwiof ports n a ifc*,• /y, 7 r riorwi AnwncQ/ curopv; Jopoii/ aiviui tafnhAsll J®* ftUSAN KWANGYANG SHANGHAI YANIMN XIAMEN QMGMO HUMAN JAKARTA SURABAYA KAOHSIUNG BANGKOK lAIM CHABANG HOCHNMH MSB GUDANG PENANG PORTKHAN6 For
      822 words
    • 1015 27 vessel vor iSPi^kg GOtJBiGMt Mat V 4 474 «/4 WHHItIME A77A ~77T I M GOtDO)Mgm>n 507H I 12/4 I 13/4 I IS/4 I I I I NEW DYNAMIC OMA 14/4 li7T~ IKUOLUNG loom I vt/i I 20/4 22/4 I I PHffl MIDGE 078 A 21/4 23/4 •vaafcstrti Horth IWtfl port
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    • 685 27 WEEKLY EXPRESS SAIUNG SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICD POINTS visa I vot I sm IrjuNelcoumholilswva Icounmo tflHWAin Ml_ HJtt. _2UiL-IBitL--Mia HOfICQUBT 000SW MAM MAW MAW I? AW IS AW ■■bKflftSdUtdHbiit mso mmmm pa cdoml (via coummoi mm utu t goa (VU M SHFVA) COWCCTMG Kim WIS
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  • Page 28 Advertisements
    • 789 28 IAXAf WALLENIUS WILHELMSEN website: http://www.2wglobol.com IK MAO HOU# MIA S*V I*l OB UK »W Ml TARONGA AFSO7 320fcas 6.25RM 01/04 22/04 SO/04 04/05 01/05 07/05 10/05 TAPIOU |Af SOS 4001 mm I 6.3* I 09/04 10/05 15/05 19/05 17/05 21/05 TAMPERE ALSI2 4001wm 6.3* 29/04 07/05 10/0* 16/04 14/06 IHoa
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    • 27 28 t fn, DAWN INTERNATIONAL UNES •Of ROKO ft ftKSAKBUUC SKRVKi ■MM LOAMNO K)th 06/04/05 ALL AUSTRAUAN IASi PORTS 15/06/05, 15/06/05 CHITTAOONO, MUMIAI PU6AI, SHARJAH 6 h<»Mn 6266-5815
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    • 549 28 BSA il MYANMA n| FIVE STAR LINE (Mvomot Notioaal Um) Loading for Ynjti vRSfI voy sin na pen pom PAGAN 341W SUI HPA-AN 337W 11/04 IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KUI/PKL 03-*****311 PEN: 04-2t33<15 ACCEPTIM COKVENTIOIIAL CtO NRG SIN KG SM PGU PU KUC OCEANA OWN 131 SID SIA SU)
      549 words


  • BizIT
    • 731 30  -  But Asia, outside of Japan, will still see double-digit growth, reports RAJU CHELLAM RAJU CHELLAM SLOWER growth in Japan and a cautious outlook by US companies will see personal computers grow at a slower rate worldwide this year than previously expected.
      731 words
    • 355 30  -  By AMIT ROY CHOUDHURY THE National Archives of Singapore (NAS) and its technology partners are set to create Singapore's first eßegistry Hub where private and public sector organisations can store vital records in a safe and secure manner. NAS, together with SQL View,
      355 words
    • 350 30  -  By LIZA LIN MOST Asian countries are likely to have biometric passports by 2010, with Singapore, Hong Kong and Japan leading the pack, according to biometrics specialist Terry Hartmann. Mr Hartmann, the AsiaPacific director for Secure Identification Biometrics, Unisys Corp, told
      350 words
    • 638 30  -  BT exclusive By AMIT ROY CHOUDHURY US-BASED software major BGA Systems, a leader in enterprise infrastructure software, is in the process of setting up a solutions centre in Singapore along with its partners. The centre, which will be up and running by the
      638 words
    • 669 30 NYT [LOS ANGELES] If the directors of Hewlett-Packard (HP) had set out to find a leader who was the antithesis of Carly Fiorina, they could hardly have done better than Mark Hurd, an affable Midwesterner who is almost entirely unknown
      NYT; AP  -  669 words

  • PROPERTY
    • 1303 31  -  Improved economy, growing services sector could lift rents in next 2 years By FENG ZHI WEI THE sun will come and stay for the next two years in the Singapore office market, ending three years of rising structural unemployment and falling domestic demand. The
      Source:  -  1,303 words
    • 389 31 Reits to be allowed to buy overseas property from June Reuters [HONG KONG] Hong Kong, which is looking to jump-start a market for property trusts, said yesterday that it would allow locally listed real estate investment trusts to invest overseas. The proposed rule change, slated
      Reuters  -  389 words
    • 536 32  -  Units in new project to combine office facilities with service apartment By KALPANA RASHIWALA THE rejuvenation of ageing properties in the Orchard Road belt continues apace. This time, United Overseas Land is tearing down its 30-year-old UOL Building at Somerset Road and redeveloping it into
      536 words
    • 1294 32 Brought to you by HSBC PROJECT NAME/ PROP CONTRACT TENURE BUttHN/lAND PRICE PSf STREET NAME TYPE DATE AREA*(SQFQ (SS'OOO) (S$) District 1 NON-LANDED People's Park Cte Apt 8/3/05 99 1658 480 290 The Sail At Marina Bay Apt 10/3/05
      1,294 words
    • 584 32  -  Fancy living in some old buildings? It's now easier to rent By ARTHUR SIM THE Singapore Land Authority (SLA) is making it easier to rent disused state buildings from today. Would-be users need only make an offer to the SLA, which will evaluate
      584 words
  • Page 31 Advertisements
    • 116 31 BUSINESS SPACF FOR LFASF AT NOEL CORPORATE BUILDING NO r -n Av^r > > > > > > N o I G iff*, lotcrrtafi o n 3 I L t «.1 Hivham 0 795 1225 6 410 301-4 E-linen Nq 6*410 3G.T1 For Sale By Expression of Interest t/ GOOD
      116 words
    • 36 31 Clifford Centre 6 Raffles Quay (Formally John Hancock Tower) 1,000 27,000 sqft Good sea view Side core Efficient floor plate Excellent lobby front Well fitted out or bare condition Next/ walking distance to Raffles Place MKT
      36 words
    • 200 31 *3 >> I It'-" Ht If I 1 J H, Devthttt ktj'ketina Aatnt Anhitrd: C I OCX /-r |L| A 324 Rivrr Vaik> Road, nST T»norry Road #04-05 Cmcon 1 SukhP"? *****9 r*T22» If HI 9 3tJ StUdlO. fn 165) 6333 3115 flllST (CNCON CORPORATION Pl« LTD fci »S)S/41 1268
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  • Page 32 Advertisements
    • 112 32 I II Got the right home? Now get the right home loan. Buying a house in Singapore is a heavy investment. However, you can still have the freedom to live life the way you want, with HSBC home loans. Enjoy these benefits when you take up an HSBC home loan:
      112 words
    • 51 32 Receive money on the same day T|]sl Lower remittance charges Personalised service InHflllPQia Collection service available IIIUUIICOia 1 Pay by Internet banking, ATM q PUSmii transfer,cheques,etc Qg |j|||||Q A 111 GPL Remittance Pte Ltd mm WOl Golden Mile Complex, 5001 Beach Road 01-77 A %M B fc Singapore *****8 web:
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  • THE BUSINESS TIMES Singapore Business Awards
    • 321 33  -  By Jean Chua FOR the past 20 years, the Singapore Business Awards has seen the rise of heads of companies, industry leaden and promising enterprises. Luminaries among them UOB chairman Wee Cho Yaw, Creative Technology chief executive Sim Wong Hoo and Hong Leong Group boss Kwek Long
      321 words
    • 1433 40  -  Opportunity is certainly the buzzword of this year's Businesswoman of the Year. From peddling lollipops to hawking jeans, giving tuition to concocting her own detergent solution for sale, Olivia Lum's sense of enterprise was honed early on. Her ability to seize opportunities has made Hyflux the
      ARTHUR LEE; FILE PHOTO  -  1,433 words
    • 1481 45  -  DBS Bank's Jackson Tai, winner of CEO of the Year award, already had the makings of a leader when he was young. ALEXANDRA HO looks at how he has applied his leadership talent to grow South-east Asia's biggest bank ALEXANDRA HO IF you ever have the misfortune
      1,481 words
    • 1431 46  -  JEAN CHUA finds out how the company emerged from the Asian financial crisis to become the Enterprise of the Year winner JEAN CHUA JOHN Chuang must have had many sleepless nights in 1997 and 1998, when the Indonesian rupiah plunged from 2,000
      FILE PHOTO  -  1,431 words
    • 1750 48  -  WONG WEI KONG looks at how the SBA, a collaboration between DHL and The Business Times, has evolved over 20 years WONG WEI KONG THE year was 1985. Singapore was in the throes of a deep recession with thousands of jobs being lost. And all hell would
      FILE PHOTOS  -  1,750 words
    • 682 48  -  PEPPER LEE talks to Chua Mia Tee about his experiences as the painter of award winners for two decades PEPPER LEE AS the saying goes, "the eyes are the windows to a man's soul",fcnd no one would know this better than acclaimed artist Chua Mia Tee. Each
      ARTHUR LEE  -  682 words
    • 663 50 And are they born or made? BT looks to the business trail-blazers of Singapore for some answers. So are great entrepreneurs born or made? I think it is neither. Firstly, they are not bora with it If it were in the genes, we would not
      663 words
    • 1043 50  -  TILL VESTRING, TED ROUSE and SAM ROVIT look at how the odds of merger success can be vastly improved TILL VESTRING, TED ROUSE, SAM ROVIT ACQUISITIONS play a key role in many companies' growth plans, but they can be treacherous. And multiple studies show that the most
      1,043 words
    • 1331 51  -  Singapore continues to transform its economy in response to changes in global trends, NIZAM IDRIS looks at why this is necessary and the challenges ahead NIZAM IDRIS IF Singapore's development in the first 20 years was to escape from the clutch of under-development, the next 20 saw
      AFP  -  1,331 words
    • 1010 51  -  CHAN HIANG TIAK examines the factors that make for success or failure in implementing these practices CHAN HIANG TIAK IN this era of global competition, corporate downsizing, and extreme market uncertainty, more companies are looking to global best practices to build a more agile and
      1,010 words
  • Page 33 Advertisements
    • 33 33 Singapore BUSINESS AWARDS 2004 l;tjp '0 Li-i-.lib'' .ill a"■ r v.; -v t -r v.* j A companies try to go the full distance. th f P" distance and beyond Vt ffyffux 4
      33 words

  • Page 34 Advertisements
    • 367 34 wmsAh J I mX/'' k-i tSfirffyx 5 key areas of focus J *#£&s*•'' ..j sE, I J v 'f* r a 3-p©rson company selling water units Today, with more than a decade of experience i to industries in 1989, Hyflux is today one of in the manufacture and use of
      367 words

  • Page 35 Advertisements
    • 262 35 JIyjJUX in Singapore Of the five major water treatment contracts awarded in Singapore between 2001 and 2003, Hyflux was successful in clinching four the two NEWater plants at Bedok and Seletar, the raw water treatment plant at Chestnut Avenue Waterworks and the seawater desalination plant at Tuas. Bedok NEWater plant
      262 words

  • Page 36 Advertisements
    • 327 36 H^N|.. m&M t w -s Kw wWci i in China Having been in China since 1994, Hyflux has established its reputation in servicing industrial plants dealing with pharmaceutical, biotechnology and chemical manufacturing facilities. Hyflux adopts an environmentally-friendly approach to liquid processing r by using membrane technology to help industries with
      327 words

  • Page 37 Advertisements
    • 217 37 Hytlux in The Midmmkt W Breakthrough beyond Asia-Pacific The highlight of the year was undoubtedly Hyflux's entry into the Middle East market. In October, the Organisation inked a deal with Istithmar Private Joint Stock Co (PJSC) to set up a joint venture (49:51) in Dubai. An investment holding company, Istithmar
      217 words

  • Page 38 Advertisements
    • 73 38 I The Accolades > The Compemy... f Most Transparent Company Award 2004, Securities Investors Association Singapore (SIAS) Investors Choice Awards I. Enterprise Award2oo3, Singapore Business Awards Euromoney Deals of the Year2oo3, Asia-Pacific Water Asiamoney Best Small Company in Singapore 2002 f Forbes Global Best Under A Billion 200 Companies 2002
      73 words

  • Page 39 Advertisements
    • 55 39 Our Partners Friends i f v, k f .y. -i > rtjQ [=T| BLACK &VEATCH building a |(J of difference™ 2G CAPITAL PTE LTD ENERGY WATER INFORMATION GOVERNMENT f A Passion to Perform. iM/ "k 1 M ..J'* v i S Wm *wSt' f" :~t ■*"%s¥*[ V 4* *W* *5
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  • Page 41 Advertisements
    • 78 41 2004 Enterprise Award Winner -Vv*' '-1 SINGAPOREBUSINESSAWiRDS i i •4 A a K 1 HLr;. m m it' .j m fit B^. I VB L m H B 11 .jK V manufacturer cocoa V ingredients under the Delfi® I 11. r brand and a major player in branded chocolate B
      78 words

  • Page 42/43 Advertisements
    • 322 42/43 KM FOODS LIMITED Capabilities across tbe cocoa value chain Through two key business divisions Cocoa Ingredients and Branded Consumer our capabilities are extended across the cocoa value chain, i ill 11 I and beverage manufacturers. Cocoa Branded Consumer division Fourth in the world Comprehensive distribution network across Indonesia, that reaches
      322 words

  • Page 44 Advertisements
    • 215 44 s®^i? 'ffi' Tilt' S^fe* 1 H R '"»t %;v 4ISBhBP^ Positioned for growth |j'•• :v ri l :'v ;'\V i .> c tI«.• We have established a solid position in the global market. Our Looking ahead, supported by a well-managed expansion plan, substantial manufacturing capacities in key markets around the
      215 words



  • Page 47 Advertisements
    • 397 47 Samsung Pnfirnd Partners Outlets: CENTRAL Trends ft Trendies (Samsung Shop) Plaza Singapura #82-28 Tal: 6238 7911 AIID.aI Burlington Square #01-02 Tal: 6334 5133 Crtilink United Square #81-38 Tal: 6253 0618 Handphone Inspiration Cineleisure #81-07 Tol: 6733 4639 Handphone Shop Lo Meridian #01-06 Tel- *****195 Handphone Shop Suntec City Mall #01-136
      397 words


  • Page 49 Advertisements
    • 136 49 PLATINUM ANNIVERSARY g the Group CGO ft PresidaM^HyfliixLld "For tier outstanding entrepreneuriai|M^^^^^^^^^^^^^^H|^^^^^^^^^^^^^^^^^^^^A achievement in building Hyflux Ltd into one of Asia's most dynamic water treatment companies with its own brand of membrane technology." lw yijSijfe <S, P^,..^. «f W,*' TV v3jV/ J V J £H^fHflHpT r ding Chief Executive 1
      136 words