The Business Times, 25 May 2006
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2006-05-25
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The Business Times
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Title Section15 2006-05-25 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg MICA (P) 099/03/2006 Thursday, May 25,200615 words
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Article480 2006-05-25 1 LESLIE YEE - Sources say IPO size could weigh in at around $100m BT exclusive By LESLIE YEE [SINGAPORE] Adding to the range of asset classes and overseas properties going into Singapore real estate investment trusts (Reits), Indonesia's Lippo Group is working on a trust that comprises Indonesian480 words
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Article136 2006-05-25 1 STI 2,436.55 (+7.00) ST INDEX FUTURES 2,436.00 (+6.00) SIMSCI 290.85 (+0.36) SIMSCI FUTURES 290.40 (-0.20) MARKETS Wednesday Change KLSECOMP 927.75 +1.19 NIKKEI 225 15,907.20 +308.00 HANG SENG 15,822.64 -41.92 SET INDEX 714.10 -13.11 JAKARTA COMP 1,323.15 -3.11 MANILA COMP 2,252.58 -11.78 SEOUL COMP 1,333.38 +3.52 SHENZHEN B 290.22136 words
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Article, Illustration90 2006-05-25 1 Bull runs aren'tfor bovines alone. Not in the Singapore Exchange's Bull Run 2006. at least. The race, to raise money for charities, will have new events added to its race categories, including a Doggie Road Race. This year's race, a major event in Singapore's sporting calendar, will beYEN MENG JIIN - 90 words
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868 2006-05-25 1 SIOW LI SEN - By SIOW LI SEN [SINGAPORE] More and more global companies have stopped or stepped down their earnings guidance a practice critics say encourages short-ter-mism from management with Unilever being among the latest. But Singapore Telecommunications, the largest listed company here, believes in868 words
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Page 1 Advertisements
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Advertisement42 2006-05-25 1 SHIPPING S'pore marine industry makes a big splash PG 19 8 HI BT ONLINE BT print subscribers get free access to the Business Times Online. To activate your account, log on to http://business-times.asia1 .com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838.42 words
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Advertisement5 2006-05-25 1 STOCK FOCUS Ascott Group: Trail-blazer5 words
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Advertisement66 2006-05-25 1 2 growth drivers. PG 27 PROPERTY Fkr East, Erasers Centrepoint buy Waterfront View PG3 s WHin® j You next generation. Ref. ***** by Patek Philippe. EST? 1954 SINCERE fine watches SMGAPOK NGEE ANN CITY TIL (65) 6733 0618 LUCKY PLAZA TEL (65) 6737 4593 SUNTEC CTTY MALL TIL (65) 633766 words
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TOP STORIES
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Article, Illustration585 2006-05-25 2 BIG IPOs SET president takes the blame for Thai Beverage's decision not to list at home Reports by OUR CORRESPONDENT in Bangkok THE listing of Thai Beverage, one of Thailand's biggest conglomerates, on the Singapore Kxchange has claimed a high-profile victim theAFP - 585 words
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Article, Illustration651 2006-05-25 2 [BANGKOK] Thai Beverage, one of the largest companies to list on the Singapore Exchange (SGX) in more than a decade, yesterday announced that it was pricing its initial public offering at the lower end of its indicative range as global volatility had hurtBLOOMBERG - 651 words
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362 2006-05-25 2 Reuters [HONG KONG] Bank of China, the country's secondbiggest lender in which Singapore investment agency Temasek Holdings has a stake, raised US$9.7 billion after pricing its initial public offering near the top of its indicated range in the world's sixth-largest IPO. The offering,Reuters - 362 words
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Article474 2006-05-25 2 Far East, Frasers Centrepoint buy Waterfront View FAR East Organization and Frasers Centrepoint have bagged Waterfront View, a privatised former HUDC estate facing Bedok Reservoir, for $385 million. The price for the private treaty deal was sealed late Tuesday night before the planned tender close for the property474 words
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838 2006-05-25 3 KALPANA RASHIWALA - $385m private treaty deal works out to land price of $241 psf ppr By KALPANA RASHIWALA [SINGAPORE] In a move seen as reducing the risks of undertaking a massive development, Far East Organization and Frasers Centrepoint have set up their maiden joint venture,838 words
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271 2006-05-25 3 KALPANA RASHIWALA - CityDev tipped to be top bidder for Grange Rd site By KALPANA RASHIWALA [SINGAPORE] The collective sale of the freehold Lucky Tower in Grange Road closed yesterday, attracting a handful of bids, the highest of which is said to have met271 words
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283 2006-05-25 3 IR SIVANITHY - By IR SIVANITHY [SINGAPORE] Regional stocks closed mostly weak yesterday, in line with a soft overnight session on Wall Street and a weak opening for all European markets. Here, the Straits Times Index tracked movements in Japan and Hong Kong closely, posting a volatile session283 words
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Page 2 Advertisements
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Advertisement199 2006-05-25 2 M€F I MMiiuosi I The new National Kidney Foundation (NKF) provides high-quality subsidised programmes for dialysis treatment and rehabilitation of kidney failure patients Currently, it serves over 1,900 kidney patients in its 21 dialysis centres located island wide. NKF also promotes renal transplantation and raises public awareness about the importance199 words
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Advertisement97 2006-05-25 2 Our qualified professionals can assist you with offshore I structures, shelf companies and incorporations in ALL jurisdictions including: British Virgin Islands Cayman Islands Bahamas Mauritius Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection estate planning. For97 words
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Advertisement47 2006-05-25 2 oeoDle Do we know H H y OU (Register with us today) www tnepeooieatwork com Asia Pacific Executive Search ■o% Interest Instalment for Credit Card Available I Call 1800 289 8822 of email notiees@sph.com.sg \^E to book your auction notice in our newspapers now. J notices i47 words
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Advertisement132 2006-05-25 2 Corrections IN "Goldman consortium ups bid for UK ports operator to £2.44b" (BT, May 24), we said that in March, a Goldman Sachs Infrastructure Fund consortium that included GIC was rejected when it made a bid for BAA, the owner of London's Heathrow airport. GIC was part of the Grupo132 words
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Page 3 Advertisements
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Advertisement133 2006-05-25 3 Class to Europe '06. The return Class travel is valid for all European destinations except London and Madrid. Price for First Class travel to London and Madrid is $7,378 Athens, Copenhagen, Stockholm and Milan do not have First Class services except Milan on TG 940 on Friday departure All fares133 words
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COMPANY NEWS
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727 2006-05-25 4 TEH HOOI LING - Ausgroup overlooked energy and resource play HOCK LOCK SIEW By TEH HOOI LING jp m| EEING is believing. And that's what this reporter and a few analysts came away with after a visit to Ausgroup's facilities in Perth this W eek. Not only did we observe first-hand the capabilities of727 words
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507 2006-05-25 4 TEH HOOI LING - $15.3m acquisition of S'pore firm to be paid in new shares By TEH HOOI LING AUSGROUP, the Perthbased manufacturer of the sophisticated "picks and shovels" for today's energy and resources sectors, has proposed to acquire a 76.6 per cent stake in Singapore's507 words
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Article5787 2006-05-25 4 UNIT TRUSTS FUNDS ACMGI Amer Income A EUR 66/ ACMGi Amer Income 8 EUR 6.6/ ACMGI Europ Income Opp AT SGD 15 26/ AM Amro Asset Mgt (Spore) ACMGI Europ Income Opp BT SGO 15.26* Star Ei/ope Eqty 0.92& ACMGi Emop Income Opp AT EUR 7.53/ Star Eifope Bond 1.192/5,787 words
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Article502 2006-05-25 5 WONG WEI KONG - Move to comply with new laws there highlights challenge for SGX By WONG WEI KONG MEGHMANI Organics, the first and only primary Indian listing on the Singapore Fxchange (SGX), will launch an initial public offering in India to comply with laws introduced there late502 words
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Article, Illustration371 2006-05-25 5 NOOR AISHA - By NOOR AISHA NOW there's another reason to feel bullish about taking part in the financial industry's very own charity fun run you can bring your dog along. The Singapore Exchange's Bull Run 2006 will have a canine flavour. Dogs willYENG MENG JIIN - 371 words
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427 2006-05-25 5 ROLAND LIM - By ROLAND LIM IN ITS latest bid to boost revenues from the more lucrative enterprise market, local telco Mobile One (Ml) yesterday announced that it was partnering Microsoft to launch a new wireless data service. The service will be packaged with 2MB of free427 words
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383 2006-05-25 5 GRACE CHONG - CITIRAYA TRIAL By GRACE CHONG ACCOUNTS clerk Joanna Aw Meng Choo, accused of helping to falsify accounts at Citiraya Industries, said yesterday she did not know the transactions she was carrying out were fraudulent and linked to shell companies. "I did not383 words
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Page 4 Advertisements
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Page 5 Advertisements
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Advertisement1714 2006-05-25 5 Advertising feature Certainty in an uncertain world? aaass When it comes to his finan- gressive investors, is the ÜBS take on risk positions because According to Scott Keller, where specialists are carefully ables the client to do more trad- and include among others surements. This enables each cial future, entrepreneur1,714 words
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SINGAPORE MARKETS
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Article, Illustration531 2006-05-25 6 R SIVANITHY - STOCKS Local bourse has turned very sensitive to even the smallest movements in overseas markets R SIVANITHY Senior Correspondent ONLY a few weeks ago, the local market appeared able to run continuously on its own steam, relatively oblivious to any negative developments overseas, particularlySource: Bloomberg - 531 words
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Article, Illustration1041 2006-05-25 6 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on May 24 and earlier) Subsantiat No of Price SHAREHOLDING Trans Shareholder/ Buy/ Shares Per Before After Stock Date Director Sell '000 Shr ('000) ('000) UIC 24-May-06 'John Gokongwei, Hr' *Buy 3700 1.38 *****5 30.73 *****5 31.00 UIC 24-May-06 Telegraph Dev Ltd1,041 words
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Article, Illustration987 2006-05-25 6 UMA SHANKARI - Compiled by UMA SHANKARI Food Junction Holdings May 24 dose: 625 cents PHIUf SECURITIES RESEARCH, May 24 FOOD Junction Holdings (FJ) has been in food court operations for about 13 years. Currently, FJ manages 15 food courts (12 in Singapore and three in Malaysia), and self-operates 52 F&BSource: Bloomberg - 987 words
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Article, Illustration492 2006-05-25 6 LARRY WEE - CURRENCIES LARRY WEE Senior Correspondent A WORLD Health Organisation warning yesterday dealt yet another blow to Asian currencies, which were barely recovering overnight from the heavy selling of emerging market assets at the start of this week. And with the WHO warning of aSource: Reuters - 492 words
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COMPANY NEWS
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Article, Illustration337 2006-05-25 7 CONRAD RAJ - Two 63-metre vessels due to be built by 2008 By CONRAD RAJ THE booming demand that sees Singapore's bigger shipyards chock-a-blocked with orders is benefiting smaller yards such as Labroy Marine as well. Fresh from clinching contracts for two oil rigs worth some $475FILE PHOTO - 337 words
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442 2006-05-25 7 WONG WEI KONG - By WONG WEI KONG LOSS-making Creative Technology, which is battling to get its sales back on track, yesterday announced new earphones, headphones and headsets for music players and the gaming market. The Creative SL3IOO wireless headphones and Zen Aurvana in-ear earphones are aimed at the442 words
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COMPANY BRIEFS
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34 2006-05-25 7 COUGAR Logistics' net profit for its full year ended March 31, 2006 rose 20.6 per cent to $3.56 million from the preceding year. Revenue was flat at $44 million.34 words
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62 2006-05-25 7 DESIGN Studio Furniture Manufacturer has dropped plans to be the exclusive Gulf representative of JC Maclean International, an interior fit-out company in Dubai. It said that owing to a key management structure change at JC Maclean, there had been no business activities between the62 words
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Article69 2006-05-25 7 COURTS Singapore's net profit for the year ended March 31,2006 doubled from $3.6 million to $7.1 million. Revenue rose 28.5 per cent to $308.3 million. Courts said it is confident of revenue growth for the current financial year, given the optimistic economic outlook for Singapore and69 words
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61 2006-05-25 7 GRAND Banks Yachts' net profit for the year ended March 31, 2006 rose 42.5 per cent to $9.6 million on the back of a 9.7 per cent gain in revenue to $113 million. However, it said the year ahead is challenging, citing a fall61 words
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Article62 2006-05-25 7 GP Batteries International Limited's fiscal 2006 net profit was at $13.6 million compared to $1.3 million a year ago. Its exceptional loss arising mainly from the relocation of production facilities was $11.1 million. For 2005, its exceptional loss was higher at $18.8 million. Also helping62 words
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54 2006-05-25 7 THE initial public offering (IPO) of Pacific Shipping Trust is about 10 times subscribed, sources said. Sponsored by Pacific International Lines, Singapore's second-largest shipping firm, the offer is set to raise nearly US$lOO million from the sale of 222 million units in a business54 words
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40 2006-05-25 7 PDC Corp said yesterday that its auditors, Ernst Young, had issued their report on the company's financial statement for the year ended Dec 31,2005 highlighting a going concern issue, but without qualifying their opinion.40 words
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280 2006-05-25 7 KRITI SINGH - By KRITI SINGH NEWLY-listed China-based Hengxin Technology through wholly owned Jiangsu Hengxin Technology has inked a 119 million yuan (5523.47 million) deal with China Mobile Communications Corp. Under the deal, Hengxin will supply radio frequency coaxial cables of about 3,100 km and other280 words
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Page 7 Advertisements
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Advertisement184 2006-05-25 7 Enjoy at Thailand Grand Sale, IS June 15 August 2006. Special tour packages and discount booklets available at authorized agents. Be Our Honoured Guest -j. I^l In 2006. come celebrate with us in a Grand Festival of Events to commemorate His Majesty King Bhumibol Adulyadej's sixtieth anniversary of ascension to184 words
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Advertisement17 2006-05-25 7 Bi jffi 1 ,'d Bki fB| E- K .jflßt V kf.' <'•- Jr W 1 CONRAD' CENTENNIAL SINGAPORE17 words
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STOCK FOCUS
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Article, Illustration1111 2006-05-25 8 LESLIE YEE - Industry leader Ascott Group is pursuing growth globally through its 'asset light, asset right strategy', writes LESLIE YEE LESLIE YEE THE Ascott Group, a subsidiary of property giant Capita Land, was formed through the merger of The Ascott Limited and Somerset Holdings. Listed on the Singapore1,111 words
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Page 8 Advertisements
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Advertisement539 2006-05-25 8 [*AT3 NOTICFS L A X i- L-J Toll free: 1800-289-8822 Email, noticestosph.com.sc BUY IT SELL IT FIND .T IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF FASTRACK OPERATIONS PTE LTD (Company No. *****5476Z) NOTICE OF RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP (Pursuant to Section 290)539 words
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Advertisement463 2006-05-25 8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF OXFORD CREATION PRIVATE LIMITED (COMPANY NO: *****3555K) (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of OXFORD CREATION PRIVATE LIMITED signed by the Representative of the Holding Company pursuant to Section463 words
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Advertisement1279 2006-05-25 8 DnBNOR PROFIT AND LOSS ACCOUNTS BALANCE SHEETS Dnß NOR Bank ASA Dnß NOR Bank Group Dnß NOR Bank ASA Dnß NOR Bank Group Pro forma Pro forma Pro forma Pro forma 2004 2005 Amounts in NOK million 2005 2004 31 Dec 2004 31 Dae 2005 Amounts in NOK mttion 31Dec20051,279 words
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SINGAPORE INTERNATIONAL
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Article, Illustration1937 2006-05-25 9 S'pore-based contract manufacturers can offer outsourcing services that include design, engineering content THINK syringes, catheters, diagnostic kits, defibrillators and the like. Medical devices may be the small cousin' in the razzmatazz biomedical family, but International Enterprise Singapore reckons the sector is one potentiallyFILE PHOTO - 1,937 words
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382 2006-05-25 9 ANNA TEO - By ANNA TEO QUIETLY —and perhaps doggedly— a number of Singapore companies have made forays into the European medical technology market in the last several years. These include Rayco Technologies, CEI Contract Manufacturing, Juken Mecplas Technology, Sunningdale Tech, Univac Precision and Wearnes Technology, all of382 words
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Page 9 Advertisements
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Advertisement143 2006-05-25 9 ,:7.■ ,?:yi %i^tiiiiWBHHBMBBBBBHIIBHWHBHKf MEDICA 2006, the world's largest medical trade platform to present products and technology to the medical world market. ComPaMED 2006, the international trade fair for suppliers' products in medical manufacture, allows suppliers to showcase parts and components for the medical technology industry as well as meet clients143 words
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Advertisement48 2006-05-25 9 enterprise the Business Hmes SINGAPORE Singapore SinQsporv inUfiwttoml li i WNMyi nw(Ml4ocuMd mHm brought to you bv H Unmooft and Tht Imlnm Tlmi. H linoiMn li an I uy|gf t 111 I £^M •yfl v unofr wif Wllniuy w lIM ■rlO InOUFwy rwpinQ Tfnpoporv •nttrprtm export end IntimctlonillMi48 words
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SINGAPORE NEWS
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Article, Illustration582 2006-05-25 10 NANDE KHIN - This will help Asia reduce capital flow volatility and avoid crises By NANDE KHIN BETTER use of flexible exchange rate mechanisms and an improvement in financial market supervision can help Asian economies reduce capital flow volatility and avoid crises. ThisAP - 582 words
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Article226 2006-05-25 10 AP THE governor of New Jersey met top Singapore officials yesterday as part of a regional tour focusing on commercial trade between his state and Asian nations, the US Embassy said. Jon S Corzine, who arrived in Singapore after visits to Beijing and HongAP - 226 words
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515 2006-05-25 10 WONG WEI KONG - Tax issues little changed from preAsian crisis days By WONG WEI KONG WITH tax, some things just don't change. In its latest survey, PricewaterhouseCoopers took a trip down memory lane to the Asian crisis days and asked more than 60 companies to515 words
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292 2006-05-25 10 SWATI CHAUDHARY - Centre will handle finance matters for Asean and Japan By SWATI CHAUDHARY UNDERWRITERS Laboratories, the global leader in product safety testing and certification, yesterday announced plans to use Singapore as its base for a shared service finance centre. The centre will be292 words
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SINGAPORE ROUNDUP
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111 2006-05-25 10 THE Central Provident Fund Board will continue to pay the minimum 2.5 per cent per annum interest on CPF savings in the Ordinary Account from July 1 to Sept 30. Although the computed CPF interest rate based on an average of the111 words
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148 2006-05-25 10 THE Great Singapore Sale (GSS) is back for the 13th year to be held from May 26 to July 23. With eight weeks of fantastic shopping, and prizes to be won, the Singapore Press Holdings GSS "SHOP WIN" newspaper campaign148 words
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394 2006-05-25 11 LESLIE YEE - It also wants to double the limit on exposure to a counterparty to 20% By LESLIE YEE BOND and equity funds in Singapore can look forward to greater flexibility in the way they operate based on proposed amendments to the Code394 words
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Article, Illustration368 2006-05-25 11 SIM PING KHUAN - By SIM PING KHUAN WITH greater real estate lending and mega leveraged buyout deals, Singapore's syndicated loan volume is set for strong growth in 2006, says John Corrin, chairman of the Asia-Pacif-ic Loan Market Association (APLMA). Singapore is currently ranked sixth on the listSource: LFC - 368 words
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Article, Illustration449 2006-05-25 11 JURENA CHAN - By JURENA CHAN ORGANISERS of this year's National Day Parade (NDP), which will take place at the National Stadium for the final time, has promised more fireworks and exciting fringe activities for everyone in the run-up to the actual parade. For those449 words
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Article, Illustration339 2006-05-25 11 BRYNASIM - By BRYNASIM FIRST-TIME sponsors, new features and activities abound at Singapore HeritageFest 2006 from July 12 to 23. The theme for this year's festival first launched in 2004 is centred on identity, with a tagline, "What Makes You, You?" It is meant to339 words
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Page 10 Advertisements
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Advertisement84 2006-05-25 10 I I m the tcfc— >■ y yoo MB, th. **M,« rn« ftf M for II iMteoiSk Enhance your corporate image with SPH news reports or features on your company, y J Widely regarded as the definitive source for incisive business analyses and accurate industry reviews, we could help strengthen84 words
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Page 11 Advertisements
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Advertisement194 2006-05-25 11 Diners Club Card To apply, ca*****6 0980 A World of Exclusive Privilege* Treat* Diners Club VHHP www.Jmers.com.*g ,n *rnationaT Wb£-M >" J "VHHHHHBBHIHBBHMB «k4HBwflV JHP SUNDAY BRUNCH AT CAFE BRIO'S The only place in Singapore where you can enjoy not just free flow of champagne, but wine and beer too!194 words
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Advertisement93 2006-05-25 11 Take your with this tall, dark and handsome y model Lunch (Daily) S28(Adult) SI7 (Child) Dinner (Mon Thur) fF** S33 (Adult) S20 (Child) Dinner (fri Sun, Eve of j a s and on Public Holiday) v > S35 (Adult) $21 (Child) J, r r PLAZA ,> ,s» I ?i»m tie93 words
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Advertisement64 2006-05-25 11 fancy nomadic f/ininy It f~~^tl^sr\ #01-02, block 30 darkequay (opp. fountain courtyard) river vafley road i/_ _\k Singapore 179 023 LJk fl fv *ICIII JKanyoftan fresh griff Sar phone: 6339 0200 emai: enquiry@thetenLconiig Wiener KafVeehaus 148 NeM Road (near Outram Park MRT), Tel: 6226 3148 itfamr "Kaftukaus total Wll (valid64 words
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Advertisement48 2006-05-25 11 wmmm iras the essence of India #01-05 a, block 3D, Clarke quay river valey rd, Singapore 179 023 phone 6837 2000 emaN enquirydras.com.sg (H >< < >! A I I S()( i I 'i A M^EBAR Indulge in more- than 30 ✓afetici o luscious chocohtc creations $25.00* r- (,P? 6i8f?48 words
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ECONOMY WATCH
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Article, Illustration649 2006-05-25 12 Talk with CNBC reporter on interest rates sparks trading frenzy NYT [WASHINGTON] Ben Bernanke, the new chairman of the Federal Reserve, is likely to be a lot less interesting at dinner parties from now on. On Tuesday, not quite four months after taking overNYT; BLOOMBERG - 649 words
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715 2006-05-25 12 Bloomberg [HONGKONG] China's central bank will likely raise lending rates at least once more this year as part of an effort to cool investment in the world's fastest-growing major economy, a survey of economists showed. The People's Bank of China will probablyBloomberg - 715 words
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752 2006-05-25 12 Reuters [LONDON! The recent rout in financial markets has once again sparked talk of possible hedge fund failures and the threat they might pose to financial stability. European stocks have tumbled more than 10 per cent since May 11, while in emergingReuters - 752 words
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428 2006-05-25 12 Reuters [KUALA LUMPUR] Rises in global interest rates are healthy but policy makers and central banks must check inflation, the chief of the International Monetary Fund said yesterday. However, the global economy is not headed for a long spell of highReuters - 428 words
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Advertisement10 2006-05-25 12 ■JIJL Ji, v,^2LJ»CTLj3SfefeaS^BaßaiK^l iVV'NfCBHRCv VVXIB^K^Hvm. oat«, «s the business times10 words
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Advertisement23 2006-05-25 12 Want the best price? Hold an auction. Call 1800 289 8822 or email notices@sph.com.sg to book your auction notice in our newspapers now.23 words
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MALAYSIA/INDONESIA
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BRIEFLY ASIA
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78 2006-05-25 13 Reuters (KUALA LUMPUR] Maxis Communications Bhd, Malaysia's biggest cellphone firm by the number of users, said that its first-quarter profit grew 17 per cent after its offshore units contributed profits for the first time and it grew users. Maxis earned net profit ofReuters - 78 words
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78 2006-05-25 13 Bloomberg [JAKARTA] Indonesia's combined new car sales may fall 44 per cent this year, said PT Astra International, the nation's biggest vehicle retailer, lowering a November estimate by the country's main industry group. Sales may fall to between 300,000 and 400,000 unitsBloomberg - 78 words
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79 2006-05-25 13 Reuters [MELBOURNE] Australia's Publishing and Broadcasting Ltd (PBL) and Melco International Development Ltd are planning to float a roughly US$l billion stake in their casino joint venture on the US share market, sources familiar with the plan said yesterday. The partners are workingReuters - 79 words
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Article89 2006-05-25 13 Bloomberg [HONG KONG] Shares in Champion REIT, Hong Kong's first prime office property trust, dropped 16 per cent on their debut in Hong Kong as investors' interest shifted to other share sales including Bank .of China Ltd's initial public offering (IPO). The stock lostBloomberg - 89 words
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Article, Illustration72 2006-05-25 13 AFP [KUALA LUMPUR] Malaysia's national carmaker Proton will begin producing sports utility vehicles and people-movers within two years in a bid to claw back falling market share, a senior official said yesterday. Proton's manufacturing director Kamarul Zaman Darus said the companyAFP - 72 words
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Article2355 2006-05-25 13 vol Gamuda .3.58 -0.02 961 W- COOP) Genera! Corp .0.60 0.01 91 Genting 23.70 -0.50 2193 ASM Realty 1.35 unch 3 George Kent 0.58 -0.08 ***** Abnc 032 001 112 GHL Systems 0.22 -0.01 5197 ACP Industries .0.93 -0.01 366 GlobetronicsTech .0.32 unch 921 Advance Synergy 0.20 -0.012,355 words
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226 2006-05-25 13 Project set to produce 75 million barrels of petroleum products per year [KUALA LUMPUR] Chinese firms have agreed to look at building a US$6 billion petroleum refinery and petrochemical plant in northern Malaysia in a tie-up with a Malaysian consortium, newspapers said226 words
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Article, Illustration529 2006-05-25 13 The RM1.5b extra annual revenue will allow Tenaga to upgrade equipment Reuters [KUALA LUMPUR] Malaysia approved its first increase in electricity prices for almost a decade yesterday, giving monopoly power distributor Tenaga Nasional Bhd more funds to upgrade ageing equipment. TheReuters - 529 words
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459 2006-05-25 13 Reuters [JAKARTA] Mexico's Cemex SA, the world's thirdlargest cement maker, said it rejected an Indonesian government proposal to buy the company's shares in state-owned Semen Gresik Tbk. In a letter to the government which was obtained by Reuters yesterday, Cemex said Jakarta'sReuters - 459 words
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Page 13 Advertisements
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Advertisement700 2006-05-25 13 i i IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF UNIVERSAL IMAGING PTE LTD Co. Rao. No. *****1864N (In Mantes' Wuntoy Uqukttlan) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act Cap 50 that the Final Meeting700 words
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GREATER CHINA
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Article, Illustration500 2006-05-25 14 Move follows Beijing's refusal to lift foreign investment caps (HONGKONG] China Life Insurance has joined a Citi-group-led consortium to bid for an 85 per cent stake in Guangdong Development Bank (GDB), the mainland's llth-largest commercial lender,the South China Morning Post reportedBLOOMBERG FILE PHOTO - 500 words
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231 2006-05-25 14 Reuters [STOCKHOLM/HONG KONG] The chief financial officer at emerging markets telecoms operator Millicom said yesterday that bidding for his company was nearing an end, but declined to say who the buyer was. Hong Kong newspaper The Standard reported that the state parentReuters - 231 words
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356 2006-05-25 14 Three top bank officials also named as defendant AFP Bloomberg [TAIPEI] Taiwan President Chen Shui-bian's son-in-law and his parents were questioned yesterday over their roles in an alleged insider trading scandal which threatens to undermine the government. Chad Chien-ming, an orthopaedic specialist, wasAFP; Bloomberg - 356 words
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257 2006-05-25 14 AP [TAIPEI] Police detained a Taiwanese Cabinet official yesterday on suspicion that he illegally profited from an engineering contract linked to a high-speed rail project, prosecutors said. Police were questioning Hsieh Ching-chih, the vicechairman of the National Science Council, over the awarding ofAP - 257 words
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Page 14 Advertisements
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Advertisement67 2006-05-25 14 r V* f It -9*^KW3p£ -wm-m 9 mV I vvl As• vB m Km m u f #m M M M mUmm H mm mm u H mA Im-M < m mm B m I V m /mmMm>W Wm BjllflMilllM AN E-MARKETPLACE BROUGHT TO YOU BY CATS CLASSIFIED, SINGAPORE PRESS67 words
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INDIA
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Article, Illustration495 2006-05-25 15 VIKRAM KHANNA - Islamabad looking east, and expects FTA with S'pore this year: minister By VIKRAM KHANNA [SINGAPORE] While it is encouraged by its "composite dialogue" with India, Pakistan would prefer to see progress on other fronts before it opens up on trade with its495 words
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373 2006-05-25 15 Bloomberg [NEW DELHI] India's Unitech Ltd submitted the highest bid of 15.83 billion rupees (***** million) for land at Noida, a suburb of the capital New Delhi, which will make it the country's biggest real estate transaction if approved. The committee whichBloomberg - 373 words
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327 2006-05-25 15 AP [ISLAMABAD] Pakistan and India failed to reach an accord with Iran on a gaspricing formula on Tuesday, but vowed to build a multi-billion-dollar pipeline to import natural gas from Teheran to meet their energy needs. The decision was announced by energy officialsAP - 327 words
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Page 15 Advertisements
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Advertisement1946 2006-05-25 15 NJOTICFS X X A jL-* Toll free: 1800-289-8822 Email: notices^sph.com.sq BUY IT SELL IT FIND IT BALANCE SHEETS (BANKING ACCOUNT) (BANKING ACCOUNT) (as of December 31, 2005 and 2004) (for the years ended December 31, 2005 and 2004) 2005 2004 2005 2004 (In Millions) (In Millions) (In Millions) (In Millions)1,946 words
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ASIA-PACIFIC/WORLD
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373 2006-05-25 16 But it will not agree to overpriced deal Reuters, Bloomberg [FRANKFURT] Deutsche Boerse yesterday vowed to push ahead with its merger offer for Euronext in the face of a rival bid from the New York Stock Exchange (NYSE), but insisted it would notReuters,; Bloomberg - 373 words
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Article, Illustration719 2006-05-25 16 Speculations point to a Yahoo-eBay partnership Reuters [SAN FRANCISCO] Speculation is rife on Wall Street that a big Internet deal or alliance is in the works, with Google, Yahoo, eßay or Microsoft as possible partners and a Yahoo-e-Bay partnership seen as most likely.Reuters; AP - 719 words
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249 2006-05-25 16 Bloomberg [TOKYO] Japan Post, the world's largest savings bank, yesterday reported the nation's biggest corporate profit this year, exceeding Toyota Motor Corp and Mitsubishi UFJ Financial Group Inc, as a stock rally boosted the value of its shareholdings. Net income rose 56 per centBloomberg - 249 words
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348 2006-05-25 16 Bloomberg, Reuters [WASHINGTON] US orders for durable goods fell more than expected last month as demand for aircraft, computers and defence hardware slowed, raising concern companies plan to curb spending. Orders for goods made to last several years dropped 4.8 per cent, afterBloomberg,; Reuters - 348 words
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Article, Illustration705 2006-05-25 16 ANTHONY ROWLEY - ASIA INSIGHT Global market rout is bound to jolt the real economy ANTHONY ROWLEY Tokyo Correspondent THIS has been, what one might call, a surrealistic week. Investors in advanced and emerging markets alike watched with dismay as wealth disappeared into a vortex of falling prices,705 words
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Page 16 Advertisements
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Advertisement12 2006-05-25 16 Kick start your Super Weekend with The New Paper every Friday morning12 words
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WORLD
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Article, Illustration646 2006-05-25 17 US housing oversight agency, SEC fine mortgage giant US$400m AP WASHINGTON] Federal regulators issued a blistering report about mortgage giant Fannie Mae, alleging accounting manipulation aimed at lining executives' pockets and lying to investors about smooth growth in profits and earnings. TheAP - 646 words
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241 2006-05-25 17 Meeting will touch on transatlantic bourse mergers Reuters [WASHINGTON] US and UK financial market regulators plan to meet in June to talk about cooperation on issues that include the possibility of one or more transatlantic stock exchange mergers, an official said on Tuesday. JohnReuters - 241 words
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441 2006-05-25 17 Bloomberg [SAN FRANCISCO] Warren BufTett and Charlie Munger munched through piles of See's Candies Inc peanut brittle as they answered questions during Berkshire Hathaway Inc's annual shareholders meeting in Omaha, Nebraska. "It gets everyone else salivating," said Richard Van Doren, vice-president ofBloomberg - 441 words
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223 2006-05-25 17 Reuters [TOKYO] The utilisation rate of the world's microchip factories fell in January-March 2006 for the first time in four quarters, a global semiconductor industry group said yesterday. The utilisation rate was 89.5 per cent in the quarter, down from 91.8 per cent in theReuters - 223 words
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560 2006-05-25 17 Reuters INKW YORK) The unfolding scandal over the timing of stock option awards to US executives exposes a weakness in past pay practices and will likely spark a wave of fresh shareholder anger as the list of companies under government scrutinyReuters - 560 words
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Article, Illustration641 2006-05-25 17 Analysts don't see higher shoe sales from firms' tie-up Reuters [LOS ANGELES] Is all this exercise really helping me? Nike Inc said on Tuesday that it is making running shoes that will tell the wearer how far and how fast he or sheReuters - 641 words
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Page 17 Advertisements
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Advertisement300 2006-05-25 17 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF 8.K.8. ENGINEERING CONSTRUCTIONS PTE LTD (Company Registration No. *****0767W) (In Judicial Management) NOTICE TO CREDITORS OF MEETING Take notice that a meeting of creditors in the above300 words
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AVIATION
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Article, Illustration646 2006-05-25 18 VEN SREENIVASAN - COMMENTARY For the aviation industry hit hard by high fuel prices, a bird flu pandemic could be much more catastrophic than Sars VEN SREENIVASAN Senior Correspondent Reports of what could possibly be the first cases of human-to-hu-man contagion of HSN avian flu (or bird flu) could not646 words
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Article2328 2006-05-25 18 CITY FLIGHT ETA FLIGHT ETC Oenpasar Bali SQ141 1145 SQ142 0935 AbaPhabi SQ455 1135 SQ456 1300 1535 SQ146 1640 AdaiaMa LH9771 1750 AF8088 2215 °A840 1640 GA841 755 SQ230 1750 BA7382 2215 5 °1 47 itli ?°lf® '!99 AF8087 1850 QF82 2215 Dhaka SQ435 0550 SQ4362,328 words
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Article, Illustration392 2006-05-25 18 AFP [MUMBAI] Air Deccan said yesterday it would cut the price band of its initial share sale offer and extend the time limit for bids as India's first discount airline listing hit turbulence. Air Deccan, started in 2003 and whoseAFP; BLOOMBERG - 392 words
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LOG BOOK
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106 2006-05-25 18 Reuters [BRUSSELS] Spanish construction firm Grupo Ferrovial won permission from Europe's top competition authorities on Tuesday to buy the owner of Britain's Heathrow and Gatwick airports, BAA. The permission merely allows Ferrovial to go ahead with the £8.75 billion (Ss26 billion) bid, which wasReuters - 106 words
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79 2006-05-25 18 Bloomberg [PARIS] France is authorising a sale of a minority stake in Aeroports de Paris SA. the state-owned company that manages airports in the country's capital, according to a decree published in the government official bulletin on Tuesday. The decree didn't provide any detailBloomberg - 79 words
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Article104 2006-05-25 18 AFP [PHNOM PENH] South Korea's Asiana Airlines is expected to soon begin direct flights from Seoul to the Cambodian capital Phnom Penh, a Cambodian aviation official said on Tuesday. Cambodian authorities approved the flights last month, said Tep Sunthary of the air transportationAFP - 104 words
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95 2006-05-25 18 AFP [JAKARTA] Indonesia's government will seek approval from the creditors of national carrier Garuda Indonesia to dramatically cut its debt in a restructuring plan to be discussed this week, the transport minister said. Under the plan, the carrier's debt would be reducedAFP - 95 words
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147 2006-05-25 18 Bloomberg [TOKYO] All Nippon Airways Co, Japan's second-largest airline, said it carried 3.3 per cent more domestic passengers in April and 17 per cent more on international routes, helped by higher demand from leisure travellers. The airline carried 3.47 million domestic passengers last month andBloomberg - 147 words
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Page 18 Miscellaneous
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Miscellaneous184 2006-05-25 18 CRYPTIC CROSSWORD DOWN 1 Drivers' club caught by dis- vokes a reaction (7) YESTERDAY'S SOLUTION tancesign(7) 14 News about left's decline (9) actom* 7 Rr*w> Honri r iv»npp 2 Two points before the bird's 16 Smoothihunk means to undo 10C auseway, 11 Review, 12 never-ending class (7) cothes?(s,4) 13 Used184 words
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SHIPPING/AVIATION
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Article, Illustration834 2006-05-25 19 GEORGE JOSEPH - 2005 turnover surges record 40% to $7.4b on offshore boom By GEORGE JOSEPH SINGAPORE'S marine industry turned in a stellar performance last year with a record-breaking 40 per cent increase in turnover to $7.4 billion, driven largely by the oil and gas explorationFILE PHOTOS - 834 words
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PORT SHOTS
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100 2006-05-25 19 Bloomberg [HONG KONG] Shares of Tianjin Port Development Holdings Ltd, an operator at China's fifth-largest container harbour, jumped 26 per cent in their Hong Kong trading debut as the nation's growing trade boosts cargo shipments. The stock closed at HK52.375,49.5 cents higher thanBloomberg - 100 words
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79 2006-05-25 19 Bloomberg [ATHENS] China Ocean Shipping Group Co, China's biggest shipping company, will use a new freighter capable of transporting 9,500 containers in services to Greece, Greece's Foreign Ministry said. The ship, to be named the Cosco Hellas, is expected to start operatingBloomberg - 79 words
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84 2006-05-25 19 Bloomberg [JAKARTA] PT Berlian Laju Tanker, Indonesia's biggest shipping company by market value, said it may raise US$9O million selling two of its ships. Berlian will seek shareholder approval on June 21 for the sale, the company said in a statement published inBloomberg - 84 words
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Article, Illustration718 2006-05-25 19 Easy Jet mulls M-E franchise; cruise unit plans US$400m expansion Reuters, Bloomberg [SHARM EL-SHEIKH, Egypt] Expensive jet fuel may drive some start-up airlines to the wall but for easy Jet it is not the end of the world, the founder and non-executive directorReuters,; Bloomberg; FILE PHOTO - 718 words
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270 2006-05-25 19 Bloomberg [HONG KONG] Boeing Co. the world's second-largest commercial aircraft maker, said as many as 10 airlines in Asia and Europe are interested in the stretched, more fuel-efficient version of its 747 jetliner. "We see five or six airlines in Asia thatBloomberg - 270 words
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Article277 2006-05-25 19 sex mmmmmm Ml>» SS ♦>- Vol CH Offshore .036 0.01 393 Chuan H<4>_. 032 uncti 12S5 Coico Corporation.. 1.33 0.02 1203* CWT Distribution 1.14 -0.02 139 Ezra Htdgi .....ISO 0.02 224 FratghtUnks .007 0.01 462 Grand Banks Yacht .044 0.01 S JayaHokingi. 137 -0.01 57 Kf Ventura —.035277 words
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Page 19 Advertisements
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Advertisement15 2006-05-25 19 Lianhe Zaobao l^alJadeCEM I *1 I si IiVJHjHH ■>1 •LTfl 11 •jI j iiHii 1115 words
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EDITORIAL & OPINION
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Article521 2006-05-25 20 EDITORIAL MALAYSIA has once again made it clear that the government will not continue indefinitely with the policy of shielding its domestic car market. Najib Razak, Malaysia's Deputy Prime Minister, signalled this week that backing national players in the auto industry is not viable over521 words
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Article, Illustration744 2006-05-25 20 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group RUSSIAN President Vladimir Putin has inadvertently spotlighted one of today's momentous mysteries: collapsing birthrates in industrialised countries. Mr Putin proposed that Russia pay women to have children to remedy a "critical" populationThe Washington Post Writers Group - 744 words
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Article, Illustration1159 2006-05-25 20 YOGI AGGARWAL - They are acquiring Western companies to overcome the restrictions of a new patent regime YOGI AGGARWAL W changed at the end of 2004 as part of commitments, there were many fears that Indian companies, used to reverse engineering of patented medicines, would not beBLOOMBERG - 1,159 words
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Article, Illustration968 2006-05-25 21 CHOE SANG HUN - Thanks to its tie-up with Daewoo, the US carmaker has gained respect in a country hostile to foreign businesses By CHOE SANG HUN International Herald Tribune FOUR years ago, Daewoo Motor was the biggest and ugliest addition to South Korea's junkyard of bankrupt companies.International Herald Tribune; REUTERS - 968 words
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Article, Illustration907 2006-05-25 21 WILLIAM PESEK JR - WILLIAM PESEK JR Bloomberg IT'S all a bit disorienting. Indian stocks, among Asia's star performers, are plunging, while Chinese shares, those perennial laggards, are surging. It's a startling reversal of fortune by Asia's sexiest markets, and raises a question: Are investorsBloomberg - 907 words
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Article, Illustration797 2006-05-25 21 HOMAS L FRIEDMAN - By HOMAS L FRIEDMAN NYT So we're toast, right? I mean, that's pretty much the pervasive global assumption these days: The 19th century belonged to England, the 20th century belonged to America, and the 21st century will belong to China. Tell your kids toNYT; REUTERS - 797 words
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Article11144 2006-05-25 22 SGX MAINBOARD Transaction date: May 24 52 Wk Tel Last Vol Day Last Quote GrDiv Dlv GrYM Nat MCap High low Code Company Sate ('000) High Low 8uy«r Sailor Cvr S P/t Sm* 5 1 5716 1st Software 5c 2.5 unch 2498 2.5 2.5 2.5 3 10.1 1611,144 words
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Article6526 2006-05-25 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES in local curt in SS fti USJ dy yr dy y» dy *yr May 23 inilen Change Change Change Change Chang« Change Wtirld index P-efimtnaiy 981 9 09 1.3 04 -03 10 5.1 t EAfE Preliminary 9813 t1 08 03 32 15 86,526 words
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Page 24 Advertisements
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Advertisement1303 2006-05-25 24 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination GO PRIDE RDM/ATW/BMN/TLB/NAN STXPOTBN CAM/NFK/SAV/NOL YOU YA VCW/LAX/MZL Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIPPLE-EAST SERVICE F.E./S.E.A. SERVICE Destination DOMINATOR ADN/HDD/JDH/AQA Destination PAN DYNAMIC DBI/ABU/DOH/NRN/DMM/KWT STXPOTBN INC/BSN Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES Tramping for1,303 words
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Advertisement658 2006-05-25 24 p] DONGNAMA LINE COWTAWIRMD MWVICI VBSQ (EVERY SUN) VOY SGP HXG KOTAHARTA HTA4S6 21/0S 01/06 ROTA HADUH HU735 04/06 01/06 ROTAHARMUN HM299 11/06 IS/06 VBSaffVBYSUQ VOY SGP HKG TKY YO( lOM MOl FORTUNE ***** 21/05 01/06 OS/06 <6/06 M/ 06 MOIGUNtY 4/169 04/06 01/06 12/06 11/06 IS/16 mohjrhty mi to658 words
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Advertisement750 2006-05-25 24 WW WALLENIUS WILHELMSEN LOGISTICS website: http://www.2wglobal.com Vissa VOT UW HBCHT SM IK MAO SAV Ml ON TAIAOOT AMI 6 4001 ms i.M 30/05 21/N 30/06 M/ 07 09/07 07/07 MIKMAN AM 17 3301 m MM N/N 12/17 11/07 IS/07 19/07 17/07 ttMNO* AMI 9 3201 m 6.25 M 2S/N 20/07750 words
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Advertisement1706 2006-05-25 25 WAN HAI INTERNATIONAL PTE LTD at NO: **********0/R mail II A I ||ip« T1L*****588 (14LINES) FAX:*****163 V\\N 1 WAN HAI I INrS CuJtonwWvia/looUigsDMlht• (1t00i*****200 Y V lIWII I IHI kl I™ L J PKI IB: (03) 3346MU MX: (03) *****2 M FBI IB: (04) *****00 MX: (04)*****99 V JOH IB:1,706 words
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Advertisement1236 2006-05-25 25 I VESSEL VOY PHI SIN KAHACHI PXB BAB WHS PMM BIK I KHOK IRAN SHAHRYAR PCL 8138 30/05 31/ OS 09/06 12/06 13/06 18/06 21/06 24/06 IRAN BAABAEI PCL 8140 07/06 08/06 17/06 20/06 21/06 26/06 28/06 30/06 IRAN KORPISTAN PCL 8141 13/06 14/06 23/06 26/06 27/06 1 02/07 OS/071,236 words
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Advertisement834 2006-05-25 25 aoaaa. WEEKLY EXPRESS SAILING SCHEDULE I" ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS I VKKI I VOT I SW I WANGICQUMMO IW. StKVA ICOtOM>Q 1 I ALSO ACC7TMG FQ TO COQW, TUTKOMW (VU GUOMO) AM KANDU t GOAI (VIA N S*VA) CONNKTMG MOTHB) VSLS TO BJKOK (FBJXSTOWt, ROTTBftMM,834 words
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THE BUSINESS TIMES SHIPPING TIMES
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6712 2006-05-25 26 This ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Desfn Name Name Number Number IMMMMMHMMMBMHMMMWMHMMMMNNMNNWIMNMNNMMMi To ABIDJAN (ABJ) 2003 Cote D'lvoire To FELIXSTOWE (FXT) 2127 U. K. 01/06 28/06 Del mas VERONIQUE DELMAS6,712 words
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BizIT
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Article, Illustration868 2006-05-25 27 AMIT ROY CHOUDHURY - One is small and medium-sized business and the other, the govt's iN2015 masterplan, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY ATA storage major EMC Corp, which has been postJm ing doubledigit growth in Singapore over the past two years, expects breakthroughs in the small868 words
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293 2006-05-25 27 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY ACCORDING to Richard Price, EMC Singapore's country manager, six major trends in the storage industry that are evident both in Singapore as well as the rest of the world: Company CIOs (chief information officers) rate storage as293 words
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Article, Illustration610 2006-05-25 28 WINSTON CHAI - It is banking on vendor-neutrality and its know-how to stand out By WINSTON CHAI SOFTWARE AG has become the latest to join the sea of vendors that are championing tools to help businesses move towards service-oriented architecture (SOA). And vendor-neutrality and its know-how610 words
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275 2006-05-25 28 Bloomberg [SAN FRANCISCO] Yahoo! Inc, the most-visited US website, hired Vince Broady from Cnet Networks Inc to oversee Yahoo's video-games, entertainment and youth websites. Mr Broady, 38, will report to Media Group chief Lloyd Braun, Sunnyvale, California-based Yahoo said on Tuesday inBloomberg - 275 words
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436 2006-05-25 28 AP [SEATTLE] Microsoft Corp on Tuesday released new test versions of what company co-founder Bill Gates called its three most important products: Windows Vista for desktop computers, Windows for servers and the Office business software suite. The new beta or test productsAP - 436 words
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377 2006-05-25 28 Reuters [LOS ANGELES] A new study suggests that people preparing for surgery ask their doctor: "Have you played your video games today?" Surgeons who warmed up by playing video games like Super Monkey Ball for 20 minutes immediately prior to performing surgicalReuters - 377 words
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464 2006-05-25 28 Move aimed at regaining market share from HP NYT [NEW YORK] Dell, which built its business selling PCs and other electronics directly to customers by phone and online, has decided to try something new: a storefront. Dell said on Tuesday thatNYT - 464 words
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321 2006-05-25 28 ROLAND LIM - By ROLAND LIM SINGAPORE'S mobile phone penetration rate crossed 100 per cent in March this year, according to the latest statistics from the Infocomm Development Authority of Singapore (IDA). Simply put, this means that there is more than one mobile phone subscription per Singaporean,321 words
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Article, Illustration359 2006-05-25 28 WINSTON CHAI - By WINSTON CHAI A NEW member is set to join the senior management team at the Infocomm Development Authority of Singapore (IDA) to fill part of the void that will be left by the impending departure of its deputy chief Wu Choy Peng. WithoutFILE PHOTO - 359 words
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233 2006-05-25 28 Bloomberg [ATLANTA] Amazon.com Inc's flatrate shipping programme is boosting sales and enticing customers to buy more products they wouldn't otherwise purchase from the world's largest online retailer, chief executive officer Jeff Bezos said. The US$79 unlimited shipping plan has prompted customers to do more "cross-shopping"Bloomberg - 233 words
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Advertisement83 2006-05-25 27 MILESTONE Singapore's mobile phone penetration rate crossed 100% in March this year. PG 28 1 Oracle Fusion Middleware Hot-Pluggable .---•..1:...,, B) Business JJ '-1 >Mjpy HH &££?!>.«>'*&H Websphec# < N!M vi#v|,^ i So Standard, It's Hot-Pluggable With Your Existing Software J2EE Enterprise Portal Identity Management— Integration Data Hub Business Intelligence83 words
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PROPERTY
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412 2006-05-25 29 10-year, dose-ended fund aims for 20-25% annual returns Reuters [HONG KONG] A property fund run by a unit of Australia's Macquarie Bank is aiming to triple its investment in Asia in the next 12 months after hitting the US$l billion mark with anReuters - 412 words
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179 2006-05-25 29 Reuters [HONG KONG] Hong Kong developers Sun Hung Kai Properties and Henderson Land Development said their planned property trusts would mostly comprise second-tier and suburban office and industrial buildings. Sun Hung Kai's Sun Millennium real estate investment trust (Reit)Reuters - 179 words
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1681 2006-05-25 29 PROJECT NAME/ PROP CONTRACT TENURE BUIIT-IN/LANO PRICE PSF STREET NAME TYPE DATE AREA*(SQ FT) (St'000) (S$) District 1 NON LANDED Emerald Gdn Apt 04/05/2006 999 1033 930 900 People's Park Cplx Apt 04/05/2006 99 409 190 465 People's Park Cte1,681 words
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Article, Illustration641 2006-05-25 30 Rental growth seen for commercial property, helping buoy other sectors [LONDON] Fears of rising interest rates are unlikely to hurt the UK commercial property market yet, even though property firms suffered more than most when global shares slumped earlier this month, aBLOOMBERG - 641 words
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Advertisement265 2006-05-25 29 PATERSON ROAD DEVELOPMENT SITE FOR SALE BY TENDER Tgl I J .totat I Walking distance to I d •Grand Hyatt Orchard Road /°l lh c> Freehold >*■*"- Approximately ——?asg 45,C0D sq ft A 7/ Plot ratio 2.1 h fihh Height control up to q m /O Tokoihlmaya J [JJc t265 words
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Advertisement42 2006-05-25 29 IRRiHilMMillll savillsl PRIME SUNTEC OFFICE High Floor Panoramic View Quick Sale 551,288 psf Partially Tenanted Edmund Lee 9843 3965 Lennon Koh 9748 7400 ElfSeah 9693 4126 at *C«dvPrSch^W|MHfIPMHPI AlllllllJ I 88l BlißlH HJR auwibprc^^^^HH^H StmlM *****121 SuiteMok *****145 VWTH—Ir« *****886 PrttyPin *****08142 words
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Advertisement196 2006-05-25 30 I_ 177R Debenham Tie Leung COLLECTIVE SALE OF WATERFRONT VIEW 726 TO 738 BEDOK RESERVOIR ROAD !l 5 !lf !l !i* m -11 all. a t"- JM^^Wr' WJ^' 1 h-'■■^^iM-"w'g»M' Tblal Sr"* F5%55* e 5 Zoned Residential with Plot Ratio 2.5 and f *w/ building height is subject to evaluation196 words
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Advertisement96 2006-05-25 30 fl,ooo to 7,500 S4S|Sslsfelsis—l^M .ME® U| FOR SALE BY TENDER Prime Freehold Residential Site in the Heart of Orchard Road I I 57,241 sq. ft. of elevated land Mt. Elizabeft^O^ Hospital *MP 2003 P'°t Ratio 2.8; up to 20 storeys Property Within 5 minutes t0 Somerset MRT station, pParagon, Heeren,96 words
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Advertisement156 2006-05-25 30 CHfHWfiCTiWfI Chesterton gJT Pi|lUmiHMiiißßßfll international m Freehold with 100% consensus n- *8118Area24,146sqft M PR 1.4; up to 4 storeys |SjM| f Exclusive location near Orchard Rd For enquiries, contact: I Mark Yuen: 9787 8654 f ciiu' lu Email: mark.yuen@chesterton.sg g f Dev Raj: 9003 2680 Email: dev.raj@chesterton.sg For Sale By156 words
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