The Business Times, 7 July 2005
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2005-07-07
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The Business Times
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Title Section15 2005-07-07 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.coin.sg MICA (P) 089/03/2005 Thursday, July 7,200515 words
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Article, Illustration831 2005-07-07 1 WONG WEI KONG - Observers point to close scrutiny of directors' role now By WONG WEI KONG [SINGAPORE] The revised guidelines for Members of Parliament on accepting company directorships are timely, especially with the role of directors under scrutiny following several high-profile corporate failures, observers say. The guidelines, whichSource: SGX - 831 words
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Article138 2005-07-07 1 STI 2.234.13 (+11.52) ST INDEX FUTURES 2,236.00 (+11.00) siMsa ***** (+1.44) SIMSa FUTURES 267.20 (+1.90) MARKETS Wednesday Change KLSE COMP 902.69 >3.82 NIKKEI 225 11,603.53 -13.17 HANG SENG 14,149.93 +25.13 SET INDEX 659.91 -161 JAKARTA COMP 1.117J1 -1336 MANILA COMP 1,813.04 -3.98 SEOUL COMP 1,019.01 +0.20 SHENZHENB 211.11138 words
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Article, Illustration795 2005-07-07 1 JOYCE KOH - Ecstatic companies set sight on spin-offs from hosting 2012 Games By JOYCE KOH [SINGAPORE] British stocks rose and businesses cheered after London pulled off a stunning victory to snatch the prize of hosting the 2012 Olympic Games from hot favourite Paris. Even as voting membersCHEW SENG KIM/ST - 795 words
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Advertisement28 2005-07-07 1 FILM INDUSTRY JD* Action for S'pore I f® >• < 1 Inside Bill Gates In the Raffles Conversation this Satuniag an exclusive interview with the chairman of Microsoft 8 lU28 words
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Advertisement14 2005-07-07 1 COMPANIES Vantage looks to PlacNet to stay listed PG4 zwl. 'jl e.it i.* -I,14 words
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Advertisement39 2005-07-07 1 WNTYjn Market for business BSkJI intelligence software opf tA irmw MS Kk mBH wl wgIUW .PII4# IN THE RED SCS sees net loss for FYOS PG7 ArGTM m** > >y^lK:. /ftmjm frx X g JioHH V^JH Br Uv wg|H|^^B^^^H ■Aw39 words
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TOP STORIES
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655 2005-07-07 2 SIOW LI SEN - Banks outdoing one another in tiny market with limited avenues for ads Reports by SIOW LI SEN [SINGAPORE] Low, low rates of 1.99 per cent are being dangled by Citibank. DBS is offering cut-price flights to Japan and Hong Kong. And United Overseas655 words
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Article, Illustration482 2005-07-07 2 UMA SHANKARI - By UMA SHANKARI [SINGAPORE] In the end it took just four votes to send the 2012 Olympic Games to London instead of Paris. While the likes of Tony Blair, Hillary Clinton and David Beckham caused a stir when they descended on Singapore ahead of votingLIM WUI LIANG/ST - 482 words
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Article, Illustration569 2005-07-07 2 OCA. S.tX. t■*»- [SINGAPORE] Singapore shoppers appear to be managing the difficult feat of spending more money while actually reducing their borrowing. Banks are responding to the challenge of consumers' increasing reluctance to get into debt by pushing their credit cards, now seen as almost569 words
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Article38 2005-07-07 2 IN yesterday's report "Asiatic to build second Cambodia power plant", we said that Boustead Singapore runs the Burger Kfng franchise in Singapore. That's incorrect. The franchise is run by Bonvests Holdings. We are sorry for the error.38 words
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Article53 2005-07-07 2 Ballot London 22 Paris J! Madrid 20 NewYhfc 19 Moscow 15 (eliminated) mm 32 London 27 Paris 2S NewYoric 16 (eliminated) lUrdra«d$!£" London 39 Paris 33 Madrid 31 (eliminated) London 54 Paris 50 (eliminated) Note:IOC members from companies with candi were to vow while their candidate was in53 words
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Article, Illustration216 2005-07-07 2 •We will promise you a Games you will never forget.' London Mayor Km Livingstone (above) This is so special...lt was four votes between winning and losing—as close as our race in Athens...The emotion in the last couple of hours has been incredible.' British rowing Olympian Matthew Pinsent216 words
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Article383 2005-07-07 2 Next View jostles withjbig boys and wins big A HOMEGROWN company has been quietly taking market share from international rivals. Next View, which provides real-time stocks, futures, currency prices and various market intelligence features to brokers and dealers has displaced Reuters in the dealing rooms of Singapore's biggest383 words
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Article, Illustration1100 2005-07-07 3 TEH HOOI LING - Homegrown market data provider grabs business from giants like Reuters By TEH HOOI LING {SINGAPORE] A homeEown company, born durg the dotcom era, has been quietly stealing marlet share from international giants like Reuters. Next View, which provides real-time stock, futures andCHRIS LOH - 1,100 words
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541 2005-07-07 3 CHLOE CHOY - By CHLOE CHOY [SINGAPORE] With the Great Singapore Sale (GSS) 2005 into its sixth week, shoppers have spent more than last year. As Lau Chuen Wei, executive director of the Singapore Retailers Association (SRA), puts it: "The GSS gets better541 words
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Advertisement73 2005-07-07 2 i miyj structures, shalf comjNMliw and incorporation* Cayman (stands J nifr 1 BriHHMtIHHHHIHfIi Hongkong- tawM I 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 Marie73 words
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Advertisement111 2005-07-07 3 THE HOURGLASS TE M ('US SHOWCASE SE2dr WP" 5 DE BETHUNE i i:d ]AQUET DROZ 1 [1 ROTH »SMl' nh TN n*7C K W f k THE HOURGLASS S| \l, \IM >KI M \l \N MA I I I \l I n 1 >.=> < I I .Ml f■ '<111 words
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COMPANY NEWS
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686 2005-07-07 4 MICHELLE QUAH - It proposes to buy 28.8% of Nasdaqlisted PacNet as core business Reports by MICHELLE QUAH THERE'S light at the end of the tunnel for frustrated shareholders in Vantage Corporation. The company, whose shares have been suspended from trading for almost686 words
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Article, Illustration236 2005-07-07 4 SHARES of Singapore Press Holdings (SPH) climbed 1.8 per cent yesterday on renewed talk of the company's plans for its Paragon property. The stock closed 8 cents up at $4.50, on trading volume of 11 million shares, after an analyst at Citigroup's Smith BarneyFILE PHOTO - 236 words
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642 2005-07-07 4 RONNIE LIM - HOCK LOCK SIEW By RONNIE LIM COME 2007, the long-standing rivalry of Keppel Corp and SembCorp Industries (SCI) will be played out on yet another front: supplying power and other utilities, like steam and demineralised water, to petrochemical plants on Jurong642 words
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Advertisement1362 2005-07-07 4 Crime of the century* Will your company be next? m m A M e started our 12-part series on the Motivation »ures do not exist even in listed companies, but compla- ment. Thev will need the help of professionals to advise A m importance of an effective finance Three conditions1,362 words
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SINGAPORE MARKETS
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Article, Illustration522 2005-07-07 6 R SIVANITHY - STOCKS DBS, Keppel, SPH all gain amid healthy turnover; oil and gas theme fades out R SIVANITHY Senior Correspondent A PUSH on DBS Bank, Singapore Press Holdings and Keppel Corp yesterday enabled the Straits Times Index to close 11.52 points higher at aSource: Bloomberg - 522 words
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544 2005-07-07 6 EDDIE TOH - TRADES TO WATCH By EDDIE TOH IN a surprise move. Malaysian tycoon Quek Leng Chan has ceased to be a substantial shareholder of Singapore-listed hotel group Overseas Union Enterprise. Birdseye Resources Limited which Mr Quek of the Malaysian Hong Leong empire-is deemed544 words
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Article, Illustration433 2005-07-07 6 OTHER SINGAPORE INDICES Jul 6 VALUE CLOSE BT OB/OS 18.00 -28.00 BTCAP1 -*****.00 +41.00 BT 10-day MA -*****.00 +2.00 AH-SG Equities 573.28 +2.18 SG Equities Elect 138.31 +0.23 SG Equities Fin 1557.50 +3.17 SG Equities Prop 582.42 +6.53 S1MSCI 266.55 +1.44 SiMSCI Futures 267.20 +1.90 MOST ACTIVE STOCKS VOLUME Wee433 words
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Article, Illustration850 2005-07-07 6 R SIVANITHY - Compiled by R SIVANITHY ~MFS expects shipments to Motorola to be further delayed with the ramp-up now expected in August compared with July. As we have highlighted earlier, MFS is seeking approvals from Motorola to supply FPC for the Razr and become a third source with potential allocation ofSource: Bloomberg - 850 words
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Article, Illustration520 2005-07-07 6 LARRY WEE - CURRENCIES LARRY WEE Senior Correspondent THE US dollar took a breather in currency trading yesterday after impressive gains made over the past week but, all told, it had yielded precious little ground against most of its counterparts by the end of the AsianSource: Reuters - 520 words
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COMPANY NEWS
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Article, Illustration505 2005-07-07 7 RAJU CHELLAM - TROUBLED COMPANIES Analysts say slip back into the red partly due to leadership issues By RAJU CHELLAM SINGAPORE Computer Systems is set to see-saw back into the red this year. It had reported strong profits last year, after making lossesSource: Bloomberg - 505 words
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238 2005-07-07 7 LISA TAN - By LISA TAN SINGAPORE Exchange (SGX) yesterday reprimanded troubled Firstlink Investments Corporation for failing to disclose two material deals. Firstlink completed its acquisition of two toiletries and cosmetic companies last Dec 30 but had failed to disclose the deal until five months after signing the agreement.238 words
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COMPANY BRIEFS
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93 2005-07-07 7 KEPPEL Corp's wholly-owned subsidiary Keppel Offshore Marine has agreed to sell its 85 per cent stake in a special purpose company to Consafe Offshore for US$B4.5 million. The company was set up by Keppel O&M and JCE Group as a joint venture93 words
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48 2005-07-07 7 FJ Benjamin Holdings has increased its investment in its subsidiary FJ Benjamin (Australia) from A$ 10 million (5512.6 million) to A$ 16.5 million by a subscription of 6.5 million ordinary shares of A$1 each, via a partial conversion of a quasi-equity loan.48 words
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55 2005-07-07 7 ASIA Power, which owns, manages and operates power plants in China, said yesterday that Zhang Gangzhu, an independent non-executive director of the company, has been appointed CEO. Zhao Shuheng has been made an independent non-executive director of Asia Power while Chen Hialiang has55 words
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Article28 2005-07-07 7 METAL stamping company CFM Holdings said yesterday that its group financial controller Ang Kong Siang has quit. Tony Tan is acting group financial controller.28 words
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272 2005-07-07 7 NANDE KHIN - By NANDE KHIN ACCORD Customer Care Solutions, which is being investigated by the Commercial Affairs Department, said yesterday that the new role of its former chief executive. Victor Tan, in the company is a "transitional and non-paying" one expected to be over by272 words
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640 2005-07-07 9 It's banking on high occupancy, stable rentals in Orchard retail area Bloomberg [SINGAPORE] Ergo Versicherungsgruppe AG, Germany's second-largest insurer, is preparing to raise about $500 million selling shares in a real estate investment trust next month, said the manager of the trust.Bloomberg - 640 words
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260 2005-07-07 9 Bloomberg [JAKARTA] Olam International Ltd, a Singapore-based supplier of food ingredients and industrial raw materials, received US$B5 million of trade financing based on Islamic principles to fund operations. The syndicated trade finance facility is for one year and can be extended for an additionalBloomberg - 260 words
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Article, Illustration470 2005-07-07 9 PAULINE NG - Berjaya Land will settle debt and keep Berjaya Toto By PAULINE NG in Kuala Lumpur A PROPOSAL by Berjaya parent of troubled Singapore-listed education group Informatics to settle a controversial sevenyear inter-company loan allows the Malaysian group's major shareholder Vincent TanBLOOMBERG - 470 words
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Advertisement207 2005-07-07 7 IMOKIA OWNKTOQPtQKJE "■■'*■"i'V.Vv**v' Whatever you want, find it With a mobile directory that puts Singapore at your fingertips, it's easy! .Jpfg Get access to useful directory information, wherever you are Just key in your locations More than a street directory, tWs mobile directory application lets you search specifically for places,207 words
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Advertisement8 2005-07-07 8 i the v Blm,p _VJ^K\ «Wi l3tS^^^^ ''#^S?C«8 words
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Advertisement118 2005-07-07 9 Budget Mobile Call mems o*2loo ill! 114 1 I 1 f WTf± KB ri tSingMiOneV^lOneP>us,tT*wValue,iTwoPhis.Ml-PeakhourSunlalk 100 v/ IjIIJI I I I I I Iy I I JDO I 6 IMO* I 150/500/800.Starhub:PowerYalue80/100/300/700,PowerCall,PowerPlayII, aa J| Power Talk 11. Rates are correct at time of printing. "">-»■ After dialling, you'll hear a118 words
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BLUE CHIPS
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Article, Illustration1018 2005-07-07 10 WONG WEI KONG - Its prospects are bright given the demand for rigs in the wake of high oil prices and the company's substantial order book, says WONG WEI KONG WONG WEI KONG FOR investors in SembCorp Marine (SembMarine), the surge in oil prices has been nothing but music toSource: Bloomberg - 1,018 words
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Article34 2005-07-07 10 UNIT TRUSTS FUNDS LEGEND:All prices are indicative;Broadly Diversified; Narowly Focused;$ 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 Day34 words
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Advertisement14 2005-07-07 10 PIMCO Emerging Markets Bond Fund rated 5-star by Mercer Investment Consulting company regn.no *****7169Z14 words
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SINGAPORE NEWS
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Article, Illustration645 2005-07-07 11 ARTHUR SIM - Former GM of S'pore unit PED will take on business development for Li Ka-shing companies By ARTHUR SIM PROPERTY marketing veteran Annie Loke may have left Li Ka-shing's Singapore unit, Property Enterprise Developments (PED), but she won't be leaving the Hong Kong tycoon'sFILE PHOTO - 645 words
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319 2005-07-07 11 WITH just a little typing, small and medium-sized enterprises (SMEs) can obtain efficient financial diagnoses in less than 30 minutes through a new system that makes use of artificial intelligence. Developed by Evolve Maximus Pte Ltd, the system can produce detailed analyses in that time319 words
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244 2005-07-07 11 PRICES for the Certificates of Entitlement required for owning a vehicle in Singapore remain soft, with the latest quota premiums for cars under 1600 cc fetching their lowest sum this year. The premium for cars up to 1,600 cc closed 6.8 per244 words
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SINGAPORE ROUNDUP
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47 2005-07-07 11 Colin Ng Partners gets new foreign legal adviser COLIN Ngand Partners, a leading local and regional law firm, recently hired corporate and commercial lawyer Edward Allbless as its senior foreign legal adviser. Mr Allbless specialises in major projects, mergers and acquisitions, cross-border joint ventures and dispute resolution.47 words
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74 2005-07-07 11 THE Association of Small Medium Enterprises (Asme) and the Rotary Club of Singapore (Rcos) yesterday launched The Entrepreneur of the Year 2005 award at the OCBC Centre. The award acknowledges local entrepreneurs who have demonstrated excellence in their field of business while significantly74 words
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64 2005-07-07 11 THE Land Transport Authority yesterday announced the finalised names for the stations along Circle Line Stages 1 to 3. Starting from the National Stadium, the station names are Stadium, Mountbatten, Dakota, MacPherson, Tai Seng, Bartley, Lorong Chuan and Marymount. From July 6 to64 words
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55 2005-07-07 11 SURBANA Technology Pte Ltd and the Housing Development Board have developed a new wireless lift monitoring system, which will be tested in HDB lifts. Previously, lift faults and failures were relayed to the command centre via telephone lines. With the new system,55 words
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42 2005-07-07 11 MEDIACORP Technologies and the British Broadcasting Service renewed their partnership for transmitting the BBC World Service via 88.9 FM in Singapore on June 5. This is the 10th year of MediaCorp's service agreement with the BBC.42 words
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Article, Illustration290 2005-07-07 11 JEAN CHUA - PM LEE'S VISIT TO US He's also expected to meet Las Vegas resort operators By JEAN CHUA PRIME Minister Lee Hsien Loong arrives today in New York City, the first stop on his maiden visit to the United States since taking office last290 words
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Advertisement15 2005-07-07 11 The Straits Times Recruit The first step on your ladder to success iMiin < -j u15 words
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Advertisement54 2005-07-07 11 wEBy/a shambala.co.th SHAMBAIA SAMUI 21/8 Moo 5, Tambon Angthong, Koh Simui, Surat Thani 84 000 THAILAND vV :'s>>> «4 >■' 4'< < yMt -;i jg *J cocktail Deception exhibition 8 July 2005 (Fri) 6:30-8:30 pm Singapore Hilton, Thailand Room 5/F Selling Agent RSVP: T ■■national T 9824 8520 HH ■warranty54 words
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Advertisement20 2005-07-07 11 Find the most comprehensive range of products and services in The Straits Times Classified. i&LiL Buy It MIL Find It20 words
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ECONOMY WATCH
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573 2005-07-07 12 S&P 500 has lost 1.7% in first half of year,as dollar gained over 10% Reuters [NEW YORK] The dollar's rebound this year has come as an unwelcome surprise to some investors in US stocks. Defying some of the most bullish of forecasts, the dollarReuters - 573 words
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288 2005-07-07 12 Bloomberg [TOKYO] Japan's economy is recovering in seven of the nation's nine regions, a survey compiled by the central bank's bureaus showed yesterday. "The economy is on a gradual recovery trend in many regions, with some weak movements diminishing," Bank of Japan bureauBloomberg - 288 words
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Article, Illustration318 2005-07-07 12 AFP [SHANGHAI] China s 2005 global trade surplus is forecast to surpass US$7O billion, up from US$32 billion last year, as exports continue to increase and imports slow, state press reported yesterday. This figure would include a surplus with the US of some US$lOOAFP; REUTERS - 318 words
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271 2005-07-07 12 AFP [MANILA] Business leaders warned yesterday that a Supreme Court injunction against President Gloria Arroyo's key tax reform measure could drive the Philippines closer to a financial crisis. The court on Friday indefinitely suspended the collection of an expanded value-added tax (VAT) thatAFP - 271 words
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344 2005-07-07 12 LATEST US DATA Bloomberg [NEW YORK] A gauge of growth at US services companies, the largest part of the economy, rose more than forecast in June, while hiring accelerated. The Institute for Supply Management (ISM) said yesterday its index for nonmanufacturing companies,Bloomberg - 344 words
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Advertisement788 2005-07-07 12 Call toll-free 1800 289 8822 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HUNTING OILFIELD SERVICES (ASIA) PTE LTD (In Members' Voluntary liquidation) Co Reg No: *****1392 D NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at One Marina Boulevard788 words
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MALAYSIA/INDONESIA
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413 2005-07-07 13 S JAYASANKARAN - Tycoon Amin Shah could be shown the door with the change By S JAYASANKARAN in Kuala Lumpur PROPERTY and plantation firm Boustead Holdings may be poised to take over the management of beleaguered shipbuilding company PSC Industries, paving the way for the exit413 words
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NOTE BOOK
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122 2005-07-07 13 Reuters [COLOMBO] Telekom Malaysia is set to raise US$B5 million from the sale of a stake in its Sri Lankan mobile phone unit, a source said yesterday, as investors showed strong demand for shares a day before the trading debut of the island'sReuters - 122 words
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Article, Illustration66 2005-07-07 13 AFP [KUALA LUMPUR] A Malaysian cabinet minister, who last month became the highest-profile victim of an anti-corruption campaign, filed an appeal yesterday against his six-year suspension from the ruling Umno party. The party's disciplinary committee found Isa Samad (above), its vice-president as well as FederalAFP - 66 words
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84 2005-07-07 13 AP [KUALA LUMPUR] A Malaysian court has quashed a London casino's bid to recover a gambling debt of more than RM7 million (Ss3.l million) racked up by a senior politician in Malaysia's ruling party. Osu Sukam, a former chief minister of theAP - 84 words
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72 2005-07-07 13 Reuters [SINGAPORE] China has allowed four major commercial banks to sell gold bars to their customers in the near future, dealers said yesterday, in the latest move to boost demand in the world's most populous nation. The prospect of growing consumption in mainReuters - 72 words
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48 2005-07-07 13 Reuters [SHANGHAI] General Motors Corp, the world's top auto maker, posted record first-half sales in China and expects 20 per cent-plus growth for the year as it closes in on Volkswagen AG in the world's No 3 vehicle market. —ReutersReuters - 48 words
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280 2005-07-07 13 Bloomberg [JAKARTA] Indonesia's central bank won't allow PT Bank Lippo's majority shareholder to sell its stake until next year, said Siti Fadjriah, a deputy governor at Bank Indonesia. Majority shareholders are subject to a two-year lockup period, and won't be allowedBloomberg - 280 words
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188 2005-07-07 13 Bloomberg [JAKARTA] Indonesia's subsidies to keep fuel prices below global levels may double to 150 trillion rupiah (Ss26 billion) because of surging demand and higher oil prices, Energy and Mineral Resources Minister Purnomo Yusgiantoro said yesterday. The government's spendingBloomberg - 188 words
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INDIA
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410 2005-07-07 14 Share could increase to 20% following Ceca with Singapore [MUMBAI] The government seems to be in favour of expanding the share of foreign banks in the banking sector, the Business Standard reported. The ministry of finance and the Reserve Bank of410 words
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126 2005-07-07 14 Bloomberg [NEW DELHI] India may allow banking services that comply with Islam's ban on the payment and receipt of interest, the Economic Times reported, without saying where it obtained the information. The Indian government has asked Reserve Bank of India, the central bank, to "exploreBloomberg - 126 words
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275 2005-07-07 14 Its partner Access Industries going ahead with deal The Times of India [KOLKATA] After hogging the headlines for orchestrating one of the biggest deals ever done by an Indian, Purnendu Chatterjee, chairman of The Chatterjee Group (TCG), is exiting from the US$5.7The Times of India - 275 words
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Article, Illustration510 2005-07-07 14 Reuters [BOMBAY] An attack on a holy site that has been a flashpoint for Hindu-Mus-lim strife serves as a reminder of religious tensions for India's financial markets but will only deter foreign investors if any backlash escalates, analysts said. Indian shares, which haveReuters; Source: Bloomberg - 510 words
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Advertisement1099 2005-07-07 14 NETELUSION LIMITED (Incorporated in Bermuda with limited liability) NOTICE IS HEREBY GIVEN that the Annual General Meeting of NeteLusion Limited ("the Company") will be held at Park Avenue Suites Meeting Rooms 1 and 2, 81A Clemenceau Avenue, #05-18 UE Square, Singapore *****8 on Friday, 29 July 2005 at 11.00 a.m.1,099 words
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Advertisement399 2005-07-07 14 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 80 OREAT PLAINS SOFTWARE (SINGAPORE) PTE LTD COMPANY REGSTRATION NO. ********** IN MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at One Microsoft Way, Redmond. Washington, *****, USA, on the 2nd day of July, 2005, the399 words
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Advertisement398 2005-07-07 14 M THE MATTER OF THE COMPAMES ACT, CHAPTER NAVWON SEA PTE LTD COMPANY REGISTRATION NO. 19M0611SZ M MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at One Microeoft Way. Redmond, Washington, *****. USA, on the 2nd day of July, 2005, the foNowmg resolutions were398 words
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Advertisement364 2005-07-07 14 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 80 FLOWSERVE FLOW CONTROL ASIA PTE LTD (Company Regietration No: *****22MK) MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary Genetal Meeting of the Company converted and held at Plot *4,1 A Road No. 8. EPIP Whitefietd, Bangalore *****6, India, on 30 June 2005, the364 words
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Advertisement542 2005-07-07 14 UPPERTON HOLDINGS LIMITED (Company Registration No: **********) (Incorporated in the Republic of Singapore) NOTICE OF REDEMPTION Of 8******0,000 SECURED FIXED RATE SENIOR BONDS DUE 2007 AND 8860,000,000 SECURED FIXED RATE JUNIOR A BONDS DUE 2007 OF UPPERTON HOLDINGS LIMITED Ituat Deed dated 17 May 2002 ("ThNtDeetf") (as supplemented by a542 words
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CHINA
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454 2005-07-07 15 Move between July and September aimed at helping those with insufficient capital Reuters [SHANGHAI] China will bail out several brokerages in the third quarter, a newspaper yesterday quoted a central bank official as saying, in the first comments by a high-rankingReuters - 454 words
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233 2005-07-07 15 Reuters, Bloomberg [SHANGHAI] US appliance giant Maytag Corp may end takeover talks with a group that includes Haier, China's top appliance maker, following pressure from a group of rival bidders, according to a media report. Maytag was unlikely to continue providing confidential financialReuters,; Bloomberg - 233 words
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301 2005-07-07 15 Reuters [SHANGHAI] Merchants Bank Co, mainland China's top listed lender, will forego a planned overseas listing if it fails to meet a target of 20 per cent profit growth in 2005, its top executive said in a speech to management. The bank, partReuters - 301 words
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513 2005-07-07 15 Vice-chairman rules out hiving off assets to CNOOC [HONG KONG] Chevron has ruled out selling Unocal's Asian assets to CNOOC if its US$l6 billion bid beats a rival US$lB.5 billion offer by the Chinese group for the US energy company, the513 words
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293 2005-07-07 15 Reuters [HONG KONG] The founder and chairman of troubled Moulin Global Eyewear and his son have been released on bail after being arrested in connection with a HK$l.6 billion (Ss3so million) fraud investigation, a source close to the probe said hereReuters - 293 words
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Advertisement13 2005-07-07 15 fj The rings have come to represent these values... Strength, Leadership, Competitiveness Recognition.13 words
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ASIA-PACIFIC/WORLD
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452 2005-07-07 16 ANTHONY ROWLEY - Bitter battle to privatise postal services damaging PM's standing By ANTHONY ROWLEY in Tokyo JAPANESE Prime Minister Junichiro Koizumi yesterday threatened a snap election if his attempt to privatise the country's state-run postal services conglomerate is thwarted. Fresh battle lines were drawn452 words
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Article, Illustration221 2005-07-07 16 Bloomberg [MELBOURNE] Australia's biggest lottery operator Tattersall's Ltd raised As3oo million (***** million) in its initial share sale after increasing the offer price for institutions. The company's shares begin trading today. Tattersall's sold stock to institutions at A 53.10 apiece, the company said afterBloomberg; BLOOMBERG - 221 words
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287 2005-07-07 16 Reuters [BANGKOK] Thai Deputy Commerce Minister Suriya Lapvisuthisin resigned yesterday over fraud allegations at his family's publicly listed cooking gas company one of two major scandals dogging senior members of the government. Mr Suriya said he was not involved in a Securities and ExchangeReuters - 287 words
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WORLD WATCH
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61 2005-07-07 16 Reuters [ASTANA] The Russian and Kazakh state oil firms, Rosneft and fcazMunaiGas, signed a deal yesterday to invest US$23 billion in a 55-year production sharing agreement for the Kurmangazy oilfield in the Caspian Sea. Kazakh First Deputy Energy Minister Baktykozha Izmukhambetov said recoverableReuters - 61 words
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66 2005-07-07 16 Reuters [BRUSSELS] The EU Executive Commission launched a probe into surging frozen strawberry imports from China and Morocco yesterday, the latest trade spat against Beijing. "We have launched an investigation," said Commission trade spokeswoman Claude Veron-Reville. "There is no prejudged outcome." Poland filed theReuters - 66 words
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56 2005-07-07 16 AP [MOSCOW] Russia's space agency has signed a space tourist contract with US millionaire Gregory Olsen, a spokesman said yesterday, in a deal that would make the 60-year-old scientist only the third tourist to visit the international space station. Earlier reports said theAP - 56 words
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53 2005-07-07 16 Reuters [LONDON] British bank HSBC Holdings has formed a joint venture with Saudi Arabian billionaire Prince Alwaleed bin Talal to invest in companies in sub-Saharan Africa. The bank and Mr Alwaleed will each invest up to US$2OO million in growth companies in the region,Reuters - 53 words
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Article, Illustration767 2005-07-07 16 ANTHONY ROWLEY - ASIA INSIGHT Tokyo's bid to 'whistle-blow 1 about China risks is dubious ANTHONY ROWLEY Tokyo Correspondent CHINA has been receiving what can hardly be called an "honourable mention" in Japanese official documents rather often of late and it suggests that politics have begun to poison what767 words
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173 2005-07-07 16 AFP [SYDNEY] Many of Australia's millionaires believe they are struggling close to the poverty line and only 5 per cent of them regard themselves as prosperous, a study found. The Australia Institute, an independent social policies think tank, surveyed 12,000 people and found richerAFP - 173 words
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Advertisement374 2005-07-07 16 f H H p Serving the Best Char-6rilled Steaks, Chicken. Shrimps, Fish More at very reasonable prices in a romantic ambience with your favourite Latin hits. Fiesta after 10pm with FREE* Salsa 6 Merengue lessons by native Colombian instructors. SPECIAL RATES FOR AFTER-OFFICE PARTIES Reservation 6220 7927 28 Murray Torroco374 words
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Advertisement54 2005-07-07 16 3 FRENCHMEN&I AMERICAN TEAM PRESENT ALL-NEW EXECUTIVE LUNCH Menu changes daily with choice lhn of courses. Ofpje Monday to Friday $26+++ per person Reservations: 6831 6258/88 tttli floor meWUS MANDARIN tfiit A division of Overseas Union Enterprise Limited (Company Registration N0.*****0050E) 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411.54 words
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WORLD
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Article, Illustration746 2005-07-07 17 Morgan Stanley to pay him up to US$25m for next 1½ years of new 5-year contract NYT [NEW YORK] Even for a Wall Street legend, it pays to be average. JOHN J Mack, who was named Morgan Stanley's chairman and chief executive last Thursday,NYT; REUTERS - 746 words
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437 2005-07-07 17 Regulatory overkill, slowing growth are mounting pressure [NEW YORK] Hundreds of US mutual companies are seeking a sale or merger amid slowing growth and higher regulatory and compliance costs, members of the US$B trillion sector say. According to the Financial Times, the pressures437 words
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Article, Illustration408 2005-07-07 17 NYT [NEW YORK] Mayor Michael R Bloomberg, who has expanded the breadth of his personal philanthropy during each of his four years as mayor, has showered another US$2O million on 400 New York City arts and social services groups through a gift toNYT; REUTERS - 408 words
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Page 17 Advertisements
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Advertisement10 2005-07-07 17 durch Technik^^^w^^^con^ salutes V-^ZZ th\Olyl^pK^^g |2*** B Mta^^^sss 1 i^Mi10 words
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AVIATION
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Article, Illustration574 2005-07-07 18 VEN SREENIVASAN - Cheap tickets severely restrictive for corporates who need flexibility By VEN SREENIVASAN [SINGAPORE] Corporate travellers have not benefited greatly from the competition and price cutting in the Asia-Pacific aviation market. This is because the low fares offered come with severe restrictions,574 words
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Article, Illustration95 2005-07-07 18 [SYDNEY] A giant digital mobile phone is held aloft on a hand structure at Sydney International Airport as a Qantas domestic jet flies past on Tuesday. Qantas domestic passengers were able from early June to use their mobile phones and PDAs after their flights have landed andAFP - 95 words
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336 2005-07-07 18 VEN SREENIVASAN - By VEN SREENIVASAN [SINGAPORE] Singapore Airlines Cargo (SIA Cargo) has launched a new, twiceweekly service to Johannesburg, South Africa. The service, using the Boeing 747-400 Mega Ark freighter, will operate on the Brussels-Johannes-burg-Singapore and Brussels-Johannesburg-Singapore routes. Its current freighter services from Chicago, Los Angeles,336 words
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432 2005-07-07 18 DFS may also eliminate 600 jobs to lower costs Reuters [FRANKFURT] German air traffic controller Deutsche Flugsicherung (DFS) plans to lower its charges to airlines in 2006 for the third year running and may eliminate up to 600 jobs to lower costs asReuters - 432 words
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291 2005-07-07 18 Bloomberg [SEOUL] Air India Ltd and two other overseas carriers will start flights to South Korea because of growing demand for air travel and cargo, the Ministry of Construction and Transportation said. Air India will resume flights connecting Mumbai, New Delhi,Bloomberg - 291 words
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LOG BOOK
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74 2005-07-07 18 AFP [PHNOM PENH] A Vietnam Airlines Airbus A 320 skidded about 50 metres off the runway at Cambodia's Siem Reap International Airport during heavy rain but nobody was injured, airport officials said yesterday. The airport, the gateway for international tourists visiting the ancient AngkorAFP - 74 words
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51 2005-07-07 18 AFP [SEOUL] Pilots at South Korea's Asiana Airlines held a one-day strike yesterday to demand better working conditions, but the action did not affect flights because substitute pilots were brought in. the airline said. Up to 250 unionised pilots took part in the 24-hour strike.AFP - 51 words
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66 2005-07-07 18 Bloomberg [JOHANNESBURG] South African Airways, Africa's biggest airline, posted an annual profit 0f966 million rand (*****.7 million) after reducing costs. Net income in the year ended March 31 compared with a loss of 8.6 billion rand a year earlier, Johannesburg-based SouthBloomberg - 66 words
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Article385 2005-07-07 18 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 EVA385 words
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Page 18 Miscellaneous
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Miscellaneous217 2005-07-07 18 CRYPTIC CROSSWORD Relax painting take up 24 They're said to forecast gains system classification (10) DOWN ant mountain man (7) mate welcomes direction (4) 1 Scoff at energy required to 14 Charter catama- YESTERDAY'S SOLUTION support huge upturn (4) ran with gravity (5,5) 2 Quick to notice old British re-217 words
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SHIPPING
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397 2005-07-07 19 High productivity, low tariffs key to performance of Klang terminal Bernama [KUALA LUMPUR] Malaysia's second busiest container terminal, Westport, expects to register RMIOO million (Ss4s million) in net profit in 2005 compared with RM9O million posted last year. Located at Port Klang, theBernama - 397 words
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301 2005-07-07 19 Bloomberg [HONG KONG] Hutchison Whampoa Ltd, Cosco Pacific Ltd and other operators of southern China's Shenzhen port handled 22 per cent more containers in the first half, after the country's growing trade bolstered demand for sea freight. Shenzhen, the world's fourth-busiestBloomberg - 301 words
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Article, Illustration240 2005-07-07 19 Reuters [BANGKOK] Cooperation to fight piracy in the Strait of Malacca will top the agenda of talks between Thai Prime Minister Thaksin Shinawatra and Indonesian President Susik) Bambang Yudhoyono this month, a Thai minister said yesterday. The two leaders would seek to boostReuters - 240 words
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Article, Illustration41 2005-07-07 19 [GULF OF MEXICO] Tropical storm Cindy is seen in this computer-generated NOAA satellite illustration made available on Tuesday. The storm has prompted at least two oil companies to evacuate workers from offshore facilities in the Gulf of Mexico. AFPAFP - 41 words
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Article, Illustration365 2005-07-07 19 Truckers blame employers' stubborn stance Reuters [VANCOUVER] Talks aimed at ending a strike by truck drivers who handle container traffic at the Port of Vancouver have broken down, the truckers' association said on Tuesday, as the work stoppage at Canada's busiest port enteredReuters; AFP - 365 words
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Article610 2005-07-07 19 AFP [VANCOUVER] One of North America's most important gateways to Asia is struggling to keep up with an explosion in imports from China. A 56 per cent rise in twoway traffic at the Port of Vancouver in 2004 created shipping congestion at its main terminals,AFP - 610 words
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123 2005-07-07 19 Reuters [WELLINGTON] A New Zealand investor has won full control of Ports of Auckland Ltd after obtaining 90 per cent of its shares with an offer that valued New Zealand's biggest ports operator at NZ$B4B million (*****.5 million). Auckland Regional Holdings (ARH), which ownedReuters - 123 words
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Article282 2005-07-07 19 SGX '000 M6 SS Vol CH Offshore 0.J7 -0.01 599 Oman Hup— .0.78 0.01 964 Coco Corporation 1.99 -0.02 4013 CWT Distribution— J0SJ undi 0 Ezra Hldgs 1.27 0.02 6915 Fretghtunks .0.06 unch 597 Grand Banks Yacht .0.97 unch 2 Jaya Holdings 1.19 0.09 3565 K1 Venture. A27282 words
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Page 19 Advertisements
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Advertisement15 2005-07-07 19 Lianhe Zaobao I l^rent 51 9 I I sponsorshipsi f"3 mad- I Hks4M|9Uß)9EfiaQg Pto^i ISiSSSSSS^^^J15 words
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EDITORIAL & OPINION
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Article526 2005-07-07 20 EDITORIAL INDONESIA is facing a fuel shortage that threatens to derail its economic gtowth this year and possibly in 2006 as well. And unless the government acts fast to resolve the issue, President Susilo Bambang Yudhoyono could find himself facing political instability. Indonesia's fuel crunch has become526 words
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Article, Illustration748 2005-07-07 20 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group AMERICANS cannot decide whether China is a threat or an opportunity, and until we do, every discussion of relations between our countries seems to slide into confusion and acrimony. The latest example is theThe Washington Post Writers Group - 748 words
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Article, Illustration1036 2005-07-07 20 Without full disclosure of all of a hedge fund's commitments, no one has the full picture NYT WHEN the Long Term Capital Management hedge fund was sinking in 1998, leaders of the Federal Reserve were worried. They feared that if theNYT - 1,036 words
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Article, Illustration1279 2005-07-07 21 WAYNE ARNOLD - A new crop of business and political leaders is trying to dismantle Malaysia's old-boy network, starting with its financial sector By WAYNE ARNOLD International Herald Tribune AFTER reading Nazir Razak's biography, one might be tempted to dismiss him as part of the same old Malaysia.International Herald Tribune - 1,279 words
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Article148 2005-07-07 21 Woo Kah Wai - Woo Kah Wai Company Secretary Accord Customer Care Solutions Ltd WE refer to the Hock Lock Siew column titled "Under a cloud but still in charge" (BT, July 6). The board of directors of Accord Customer Care Solutions Limited would like to explain the role of148 words
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Article, Illustration890 2005-07-07 21 ANDY MUKHERJEE - ANDY MUKHERJEE Bloomberg THE Asian consumer, says a recent study, is of no help to the rest of the world. Asia has two of the planet's fastest-growing major economies: China and India, which between them have 2.3 billion people. Yet, "if you reside inBloomberg; REUTERS FILE PHOTO - 890 words
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683 2005-07-07 21 Narayana Narayana Singapore - LETTERS TO THE EDITOR Narayana Narayana Singapore AS the matter of OCBC Bank rights is an issue that should properly be brought to the attention of the investing public, please permit me to make the following comments on the article "Shareholders feel angst683 words
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Article2477 2005-07-07 22 SGX XTRANET U-Wfk Tat Last Vol Day LattQuot* GrDtv Dtv GrVM Net MCap Wgh law Coda Company Salt w- fjjg Wgh Low fciyar Satar %__Cw p/l SmSi ********** 6065 Diamonds USIOISOod 6095 ISDJUSTech US3740 6097 IS MSCI Spore US555 6101 ISSAP500 US8270 ********** 6170 SPDKS US***** 2307 18592,477 words
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Article3319 2005-07-07 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In 5$ In US$ dy yr dy yr dy %yr 1 Jul 5 Index Change Change Change Change Change Change World Index Preliminary 879.1 03 3.1 0.4 22 0.2 -1.7 EAFE Preliminaiy 828.5 -0.1 12 -0.1 03 -OJ -3.5 Europe3,319 words
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Advertisement1222 2005-07-07 24 L,-^. i; I ■nflfl |F J NYK GROUP SOUTH ASIA PTE LTD WkN",FKuvr ®TSM. LIN E Fax: 6292 2856 (Regonal safes) 6239 7109 (OPS)/ 6299 5785 (Documentation) W NIPPON YUSEN KAISHA TOKYO CDPAKU KASHA. UD (C/R NO: **********0E) JBB J M| 1378 *****000 arivQß '/ITI i SIMATOI (SOUL) Pft» M1,222 words
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Advertisement804 2005-07-07 24 {iNTERASIA RORO SEItVICK VBSa/VOT MMfffT) tBGHHW) KG KH LO I SN I JKT STRAUS VENTURE 13/05 IS 3.7 22/06 23/06 2V06 02/07 04/07 STRAITS VENTURE 14/05 IS 3.2 06/07 08/07 14/07 17/07 IVO7 STRAITS VENTURE IS/OS IS 3.2 22/07 24/07 28/07 31/07 02/08 [AUSTRALIAN RORO SERVICE vKsa/vor mmppct) hbghtw ia804 words
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Advertisement1047 2005-07-07 25 www.hombufgsud.com Hamburc^^Sud Mist SERVICE (EXPORT) a jft SINGAPORE ORISOANi STDNtT MfUOURNE ADtIAIDt SINGAPORE BRISBAIK STOMET MBROURNI ADEUWi (saxiAMßmns 00/07 11/07 30/07 mi n/m camma 0002s os/oo 15/00 \m 20/00 tvw SCOTIA 019S 15/07 25/07 77/17 3H/P7 02/01 SCOTIA BOS 12/ M 22/00 14/80 77/08 MflO CAIYUH HE MIS 22/07 01/881,047 words
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Advertisement1076 2005-07-07 25 ivtssa voy sm pkg I CAPE SANTIAGO I QO?H I 13/7 14/7 I 17/7 I I HEW DYNAMIC 091 A "B7T 2377 I GOiDBi GATE 1510N I 19/7 I 20/7 1 22/7 WITH BRIDGE 085 A WT 3177 IGOLPEM HADE ISIQN I 26/7 I 27/7 I 29/7 HEW DYNAMIC 0921,076 words
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Advertisement891 2005-07-07 25 m aoaaw. WEEKLY EXPRESS SAILING SCHEDULE I ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS I VESSa I VOY Ism |P.KIANO|COIOMOO||ISHEVA IcOIOMOO I 1,—., I I I I I I I also accept* ra to cocmn. Tuncom (via anomoi and undu t goal (VIA N SHFVA) CONNECTM6 MOTHER VSU891 words
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THE BUSINESS TIMES SHIPPING TIMES
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Advertisement659 2005-07-07 26 IUJIf WALLENIUS WILHELMSEN website: http://www.2wglebol.com VfSSli IVOY IDW I IK MAO HOW WH 5W Ml OB NT( WW MOO TJUtONGA AfSIO 1201 MS 6.25 M I 22/07 13/0S 22/01 2S/0I 27/01 01/04 30/01 TAMPERE AFSI9 4001 m 6.30 M I 20/07 20/01 29/01 02/00 07/09 05/09 AIYONA lAISO6I AIS06 |OQIM»659 words
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Advertisement824 2005-07-07 26 VESSEL VOY SM P6U VPSfI VOY SM JUT PAC MNPA 1504W 05/07 05/07 PACMMTAIt 0305 03/07 ~05/07 SSU39I H42f of/tZZZ 9kW- gg PACIAHDA *****1 04/07 07/07 PACIWIMI TOO* 10/07 12/07 Of 2301 OMlt SIM 09/07 TOilfffflf pac iahpa urn M/flz MM aaam mum urn mi uz#z_ -g&sn SS Sfe tSot824 words
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Advertisement386 2005-07-07 26 i BSA iLo MYANMA nH FIVE STAR UNE (MyoMor Notioaol Um) Loading for YaifM VESSEL VOY SIN Pitt PEN PGU PAGAN 341W SU PAGAN 34 fW 15/07 IN MALAYSIA: IOUSTEAD SHIPPING AGENCIES KUI/PKL 01-300 SUM PEN: 04-*****1S ACCEPTING CONVENTIONAL CBO VESSEL VOY MRG SIN PGU PU UK JACAJtANDA Ad 113386 words
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BizIT
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Article, Illustration556 2005-07-07 28 RAJU CHELLAM - Market here for business intelligence software tools is set to grow 6.7% a year, reports RAJU CHELLAM RAJU CHELLAM WITH Asian economies back in steam and competition beating up, the market for BI (business intelligence solutions) is now on a high-growth phase. Even in Singapore,556 words
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Article, Illustration347 2005-07-07 28 ROLAND LIM - By ROLAND LIM THE Dell Effect has clearly made an impact on the computer hardware industry. Now Dell hopes to have the same effect on the managed IT services industry. And if growth is any indication, that goal is well in sight. In its first fiscal347 words
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376 2005-07-07 28 Bloomberg [TOKYO] NEC Electronics Corp, Japan's No 3 chipmaker, cut its full-year profit forecast by more than half, citing slowing sales of chips used in cellphones and household appliances. Net income is forecast at 5.5 billion yen (5583.4 million) for the yearBloomberg - 376 words
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249 2005-07-07 28 Bloomberg [PARIS] Microsoft Corp and France Telecom SA, Europe's second biggest phone company, will jointly develop a range of handsets and collaborate on a system to combine voice, video and data services over fixed and mobile networks. The companies will work together on aBloomberg - 249 words
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326 2005-07-07 28 Reuters [STRASBOURG, France] The European Parliament overwhelmingly threw out a controversial bill to harmonise the patenting of software-related inventions after lawmakers said it satisfied no one in its present form. The assembly voted 648-14 to reject the bill and stop the common position adoptedReuters - 326 words
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Article, Illustration675 2005-07-07 29 AMIT ROY CHOUDHURY - Indian firm credits it with software joint venture, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY TATA Consultancy Services (TCS), Asia's biggest IT services and solutions company recently formed a joint venture in China with Microsoft and the Chinese government. And its Singapore connection675 words
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357 2005-07-07 29 AOL signs up Plaxo to offer web data management tools Reuters [SAN FRANCISCO] America Online Inc (AOL) plans to offer new services that can give its subscribers greater control over their personal data. AOL is undertaking the project with Plaxo, which suppliesReuters - 357 words
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293 2005-07-07 29 Bloomberg [AMSTERDAM] Royal Philips Electronics, the world's No 1 maker of patient monitoring systems, agreed to buy Stentor Inc for about US$2BO million in cash to expand in software used to store medical images. Stentor, based in Brisbane, California, expects sales to riseBloomberg - 293 words
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Advertisement69 2005-07-07 28 Help The Business Times celebrate Singapore's 40th birthday On the Republic's big birthday, don't miss BT's special commemorative supplement looking at how we got where we are today, the issues and trends that will affect the economy in the years ahead, our home-grown world-class players, young entrepreneurs, the way our69 words
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Advertisement92 2005-07-07 29 it i* 22^^ pVOpM OO WIMK UWy QO WVMIMWT :< '^B- y IISPf i j§gBfajtf^|K4ll*jk pf ffr' Sghf*■ > ,7,./,- V;. v'••: f V tV iSfcr#-W' }-S'«4y >. :v'• <V r»% Ws'TOtNt "IsN*s' 'it, '"y l W; a |/t.- v v*-" "?r v •</ y... -V>- AW«••v-'>>- -> *$&y oS^-fe-'92 words
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Advertisement8 2005-07-07 29 BE FEARLESS. kM* i m ■'t 4 svinantc^8 words
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FOCUS: SERVICES
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Article, Illustration890 2005-07-07 30 WEE LI-EN - A host of companies have struck deals with foreign buyers but challenges remain daunting, reports WEE LI-EN WEE LI-EN THE local animation industry is abuzz with projects that are aiming to captivate the world. Cubix International has three full-length 3D animation films in the pipeline, the890 words
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Page 30 Advertisements
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Advertisement2491 2005-07-07 30 I V I'MMIi' flilli 1 ''i Willi m Yellow Pages Singapore m (Incorporated in the Republic of Singapore) The initial public offering of the shares of 550.05 each in the capital of Yellow Pages (Singapore) Limited was sponsored by ÜBS AG, acting through its business group, ÜBS Investment Bank, and2,491 words
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PROPERTY WATCH
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Article, Illustration1102 2005-07-07 31 ARTHUR SIM - Plans for the area seem far from certain, although ramifications for the property market are manifold. ARTHUR SIM reports ARTHUR SIM THE market is certainly taking its time in setting out a future for Marina Bay. When asked at a recent property seminarFILE PHOTO - 1,102 words
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1243 2005-07-07 31 Brought to you by HSBC M PHOKTNAIC/ PROP CONTRACT TENURE 9J&MJND PRICE P9 STREET NAME TYPE DATE AKA'EQFT) (St OOP) (SI) Dfctrict05 NON-LANDED Blue Horizon Apt *****005 99 1216 722 594 Dwertokview Apt 0306/2005 99 996 430 459 Faber Crest Apt1,243 words
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Advertisement34 2005-07-07 31 HSBCd> The world's local bank Ibis is the last of a fortnightly series brought to you by HSBC. For a free property valuation or a quick assessment of your loan requirement please visit www.hsbc.com.sg34 words
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Advertisement107 2005-07-07 31 Got the right home? Now get the right home loaa 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: Competitive interest107 words
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PROPERTY
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333 2005-07-07 32 Bloomberg [HONG KONG] Hong Kong's highest court concluded hearing the final appeal of Lo Siu Lan, a public housing tenant who is trying to stop the government's proposed US$2.7 billion initial public offering of a property trust. Chief Justice Andrew Li reservedBloomberg - 333 words
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Article, Illustration347 2005-07-07 32 KALPANA RASHIWALA - $29.8m collective sale deal is its first property purchase since 1998 By KALPANA RASHIWALA BUKIT Sembawang Estates has made its first property acquisition since 1998. The company yesterday clinched Woodleigh Grove through a $29.8 million collective sale. The deal prices the 41,694 sq ft347 words
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309 2005-07-07 32 HONG KONG PROPERTY MARKET Bloomberg (HONG KONG] Hong Kong's property prices will increase in the second half of 2005 because banks have a lot of money to lend, and rents will rise on short supply, according to property agency CBBloomberg - 309 words
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129 2005-07-07 32 AFP [HONG KONG] Standard Poor's said yesterday Hong Kong's property sector recovered strongly in 2004 but its 2005 outlook is challenging as rising interest rates cool down the market and reduce investment demand. It said unprecedented capital inflows have kept mortgage ratesAFP - 129 words
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Page 32 Advertisements
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Advertisement550 2005-07-07 32 FOR SALE QUEEN ASTRID PARK Land Area: 27,196 sq.ft. (approx.) Sprawling 2-storey bungalow with pool Perched at high point. Unobstructed views. Good entertainment home Move in with simple renovations or A A For more information or viewing, please call Steven Ming at *****518 Ela Sallmanns Corporate Valuation Consultancy Asia Wide550 words
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