The Business Times, 30 May 2006

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Microfilm: NL26676
Total Pages: 35
1 36 The Business Times
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  • Title Section
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    15 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg MICA (P) 099/03/2006 Tuesday, May 30,2006
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  • Article
    Lock icon Race for Sentosa IR seen to be wide open
    1075 1  -  Marina Bay award to Las Vegas Sands shows lack of govt-linked partners is no bar By UMA SHANKARI, VEN SREENIVASAN (SINGAPORE] The race for the second integrated resort (IR) on Sentosa seems wide open now that the surprise decision to award
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  • Article
    Lock icon MARKETS DIGEST
    136 1 ST! 2,439.91 (-5.11) ST INDEX FUTURES 2,440.00 (-5.00) SIMSCI ***** (-1.37) SIMSO FUTURES 290.80 K10) MARKETS Monday Change KLSE COMP 928.37 -2.38 NIKKEI 225 15.915.68 -55.081 HANG SENG 15,963.77 +€8.67 SET INDEX 721.58 +4.08 JAKARTA COMP 1,333.88 +10.74 MANILA COMP 2,282.89 -17.50 SEOUL COMP 1,329.22 +6.79 SHENZHEN B
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  • Article
    Lock icon S'pore developers unfazed by China's property curbs
    736 1  -  Measures not drastic enough, say analysts By CONRAD RAJ [SINGAPORE] Beijing yesterday further tightened measures to curb runaway property prices but Bei-jing-based analysts warned that the measures were not drastic enough to be effective, while Singapore developers with projects in China said they
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  • TOP STORIES
    • Article
      Lock icon Citibank Singapore posts $507m profit
      444 2  -  Figure in maiden results relates only to consumer banking business By LESLIE YEE [SINGAPORE] Posting its maiden financial results yesterday. Citibank Singapore Limited (CSL) reported net profit of $507.5 million for 2005. The bank said its consumer banking business was up by about a fifth.
      444 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      508 2 Collective sales in S'pore top $3.5b this year INCLUDING yesterday's Lucky Tower deal, 26 collective sales have been transacted for a total of about $3.5 billion so far this year, surpassing the $2 billion for the whole of last year, although that was for 36 sites, the latest
      508 words
    • Article
      Lock icon China's long vigil over housing bubble
      526 2 Reuters CHINA'S cabinet yesterday said houses sold within five years of purchase will be subject to a business tax levied at 5 per cent —payable on the total sale price. The same amount will be taxed on the capital gains of luxury housing even
      Reuters  -  526 words
    • Article, Illustration
      Lock icon Quake will have minimal impact on economy
      611 2  -  EARTHQUAKE IN INDONESIA Govt: Central Java not an industrial powerhouse By SHOEB KAGDA in Jakarta AS the death toll from the earthquake that hit central Java over the weekend rose above 5,000, economists and government officials said yesterday that the latest natural disaster
      AP  -  611 words
    • Article
      Lock icon President Nathan sends condolences to Indonesia
      189 2 [SINGAPORE] President S R Nathan has sent letters of condolence to Indonesian President Susilo Bambang Yudhoyono and the Sultan of Yogyakarta Hamengkubuwono X after the devastating earthquake in Central Java at the weekend. In the letters, Mr Nathan expressed his sympathies to the families
      189 words
    • Article
      Lock icon Collective sales hit $3.5b in just 5 months
      725 3  -  Opinions differ on whether developers will keep buying at current prices By KALPANA RASHIWALA [SINGAPORE] Including yesterday's Lucky Tower deal, 26 collective sales have been transacted for a total of about $3.5 billion so far this year, surpassing the $2 billion for
      725 words
    • Article
      Lock icon Where women bosses have the edge over men
      501 3  -  They're more persuasive and empathetic: survey By GRACE CHONG [SINGAPORE] Top women business leaders are generally more persuasive than their male counterparts, and tend to actively involve their staff when solving problems and making decisions, a recent study has revealed. The study
      501 words
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      108 2 people Roaming Asia-Pacific. www.thepeopleatwork.com Asia-Pacific Executive Search 11THE MONETARY AUTHORITY OF SINGAPORE! Tenor Approximately 5 years I I Total Amount Allotted SGD 1,100,000,000 I Amount Allotted to I I Non-Competitive Applications SGD 55,350,000 I I Of which allotted to MAS Nil II J I Total Amount Applied SGD 2,133,950,000 I
      108 words
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      283 3 ytw j jr ■^w^yj^gjEiy J 5.2 B|H||||||||||||i|jß Q: Why do I need wealth management? A: Allow me to start by asking if your wealth legacy is built to last successive generations? If not y you need wealth management to ensure that future generations will inherit your legacy: Q: How will
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon All eyes on UOB's cash pile and Hotel Negara
      550 4  -  Analysts expect UOB to complete its $600m share buy-back plan By CONRAD TAN THE divestment by United Overseas Bank (UOB) and three affiliated companies of a 55 per cent stake in the Overseas Union Enterprise (OUE) hotel group last Friday has
      FILE PHOTO  -  550 words
    • Article
      Lock icon Twinwood in reverse takeover deal
      392 4  -  By CONRADTAN SESDAQ-LISTED Twinwood Engineering yesterday announced a reverse takeover share deal with Hup Soon Global, a private-ly-held marketing and distribution group of companies, which will see Hup Soon gain control of the information technology company and a possible mainboard listing on the Singapore Exchange
      392 words
    • Article
      Lock icon Wake-up call for a sleepy giant
      699 4  -  HOCK LOCK SIEW By SIOw LI SEN SINGTEL's new chief executive for Singapore was seen as coming home to shake up the telco, and in his first 100 days he seems to have done just that. And it wasn't just by showing people the
      699 words
    • Article
      Lock icon Tax perks help boost Hengxin's netprofit to 56.4m yuan
      294 4  -  By SIOW LI SEN NEWLY-LISTED Hengxin Technology yesterday announced a net profit of 56.4 million yuan (Ssll.l million) for the period from its incorporation on Nov 18, 2004, to Dec 31,2005. This was slightly more than double the proforma 27.3 million
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    • Article
      Lock icon Tat Hong Q4 net profit up 30% to $10.63m
      408 6  -  The company sees opportunities in the construction of the upcoming IRs By OH BOON PING A 30 per cent surge in fourth-quarter earnings lifted crane supplier Tat Hong Holdings' full-year net profit to $44.25 million, more than double the preceding year's
      408 words
    • Article, Illustration
      Lock icon CK Tang to pay dividend as profit trebles
      360 6  -  By OH BOON PING LONG-SUFFERING shareholders of CK Tang can finally heave a sigh of relief as the retailer one of Singapore's oldest yesterday said it plans to pay a dividend, its first in 12 years. This comes as the retailer's net
      FILE PHOTO  -  360 words
    • Article
      Lock icon Yellow Pages eyes acquisitions, posts 42% profit rise
      290 6  -  By SWATI CHAUDHARY YELLOW Pages, whose cash hoard stood at $30.9 million for the financial year ended March 31 this year, is exploring acquisition opportunities as part of its regional growth strategy. The group yesterday reported a 42.1 per cent increase in
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    • Article
      Lock icon UNIT TRUSTS & FUNDS
      5531 6 UNIT TRUSTS FUNDS ACMGI Amer Income A USO 8.44/ ACMGI Amer Income B USO 8 44/ ACMGI Amer Income A EUR 6.621 %Tr,T?nT? (>»—> ACMGI Amer Income 8 EUR 6 62/ StarEuwptlgy! 0.933/ ACMGI Eaop Income Opp AT SGO 15.18/ 1 ACMGI Euiop Income Opp 81 SGO 15.18/ Star EuopeBal.......
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    • Article
      Lock icon Vantage suffers $4.17m loss
      401 8  -  Revenue of $2.4m; expenses add up to $7.6m By SIOW LI SEN VANTAGF Corp, the shell company that is trying to hang on to its listing status and has rejected an offer for associate Pacific Internet, yesterday reported a $4.17 million loss for the 12 months
      401 words
    • Article
      Lock icon NOL carries 3% more containers over 4 weeks
      249 8 Reuters NEPTUNE Orient Lines, the world's sixth-biggest container liner, carried 3 per cent more containers on its ships in the four weeks to May 5, after a decline earlier in the year. Singapore state-controlled NOL said in a statement yesterday that its
      Reuters  -  249 words
    • Article
      Lock icon Sale of SGX Centre 1 depends on market
      184 8 SINGAPORE Exchange Ltd yesterday said the sale of its SGX Centre 1 headquarters building depends on market conditions. "SGX wishes to clarify that disposal of SGX Centre 1 has been a possible option given that it is a non-core asset. However, the
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    • COMPANY BRIEFS
      • Article
        Lock icon Thakral in red with net loss of $32.6 m
        99 8 THAKRAL Corp has swung into the red with a net loss of $32.6 million for the year ended March 31,2006, fromanetprofitofslB.3 million in the preceding year. Revenues dropped 25 per cent to $391.7 million as its supply chain management division continued
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      • Article
        Lock icon Asia Dekor Holdings net profit up 37.7%
        35 8 ASIA Dekor Holdings Limited's net profit for the year ended March 31,2006 grew 37.7 per cent to 105.6 million yuan. Turnover rose 27.3 per cent to 574 million.
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      • Article
        Lock icon Japan Land reports earnings of $6.5 m
        73 8 JAPAN Land yesterday reported earnings of $6.5 million on revenue of $178 million for the year ended March 31,2006. The company attributed the results to strong maiden contributions from its 68 per cent owned subsidiary, Katsumi Housing Corporation (KHC), which turned in $114.8
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      • Article
        Lock icon Willas-Array net profit drops 12% '
        45 8 Willas-Array net profit drops 12% WILLAS-Array Electronics (Holdings) Limited, a Hong Kong-based distributor of electronics components, reported al2 per cent fall in its net profit to HK524.3 million (about 554.9 million) for the year ended March 31,2006. Turnover rose 2 per cent to HK$2.OB billion.
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      1589 4 MANDATORY UNCONDITIONAL CASH OFFER by BNP Paribas Peregrine (Singapore) Ltd (Incorporated in Singapore) (Co. Reg. No: *****2035K) for and on behalf of Lippo Property Investment Pte. Limited (Incorporated in Singapore) (Co. Reg. No: *****6772E) for Overseas Union Enterprise Limited (Incorporated in Singapore) (Co. Reg. No: *****0050E) SUPPLEMENTAL ANNOUNCEMENT 1. INTRODUCTION
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      25 4 Parting company? Call 1800 289 8822 or email notiees@sph.com.sg to book your corporate notice in our newspapers now. WATci W f notices a I 2
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      51 5 ?Jt dtifflSssr/flltr ♦.■4k THAI BEVERAGE PUBLIC COMPANY LIMITED f v^. tBE- •>>" (Registered in the Kingdom of Thailand as a public company with limited liability, registration number **********342) .%'^/ll^^b'-^?'■ I ?j>'• -'-dP^M ■«-^H 'f'>U^?. I 'HI I A" l f. flVl -jTif 'JF r i> Kmmf mm v it r
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      15 7 iflflfciii 5 i BuiHj wsjj\sf'ri^^^Bii^B^M^H^Bißß if»6MßJESn^wlßidSßß^B'i Er^K^^^^^nKflßß^H^H^H^HKlj^Ky^Ri^H |g|||&a^jßiiß|M||B]B WL "IT. 1 cJLr--— t .>. j^B www.keppelland.com.sg
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      1635 8 NJOTTCFS JL A 1 VJ JLi L-J Toll free: 1800-289-8822 Email: notices<esph.com.sq BUY IT-SELL IT-FIND IT HSH NORDBANK Financial Accounts for the Year 2005 Incorporated in the Federal Republic of Germany Group Balance Sheet as at December 31, 2005 Group Statement of Income for the period January 1 to December
      1,635 words
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  • 11th WORLD HR CONGRESS
    • Article, Illustration
      Lock icon Shaping a new world with HR skills
      1460 9  -  How effectively people are managed can spell the difference between success and failure in business now, reports SIM PING KHUAN SIM PING KHUAN fa IH N THF past, we too often I treated employees as an I amorphous collective," says Geoff Armstrong, president
      FILE PHOTO  -  1,460 words
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      65 9 the only professional body for standards human resource and development. we put the Human human Because we any organisation, people are the H Accrediting HR Professionals 'UDAccrcditaJfon Organiser The Singapore HR i( shrT Partner Sponsor Programme Partner Gold Sponsors Of** Jobsrte Official Websrte Sponsor Knowte** Partner by SingapOCe HIHTUm ReSOUVCeS
      65 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Weakness persists in local bourse
      534 10  -  STOCKS Capita Land and KepLand dumped after they lose out on Marina IR bid TEH HOOI LING Senior Correspondent THE Singapore market continued to be weak yesterday, with the heavy dumping of Capita Land and Keppel Land shares weighing the Straits Times Index down. The
      Source: Bloomberg  -  534 words
    • Article, Illustration
      Lock icon TRADES TO WATCH
      993 10 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on May 29 and earlier) Subsantial No of Price SHAREHOLDING Trans Shareholder/ Buy I Shares Per Before After Stock Date Director Sell '000 Shr S ('000) ("000) Electrotech 26-May-06 Gooi Soon Hock *Buy 200 0.47 *****7 32.90 *****7 32.% Hotel Prop 26-May-06
      993 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      907 10  -  Compiled by UMA SHANKARI Singapore Banks MACQUAJHE RESEARCH EQUITIES, May 29 DBS Bank May 29 dose: SIS.OO In IQO6, DBS had the best operating quarter among the three banks, highlighted by its stellar margin improvement As such, Macquarie Research Equities (MRE) thinks DBS is the clear reflation play
      Source: Bloomberg  -  907 words
    • Article, Illustration
      Lock icon Rupiah survives quake, rupee slips
      509 10  -  CURRENCIES LARRY WEE Senior Correspondent BOTH the Indonesian rupiah and the stock market managed to ride out news of last weekend's terrible earthquake in Yogyakarta quite well in Asian trading yesterday, but the Indian rupee was still reeling from last week's sell-off in emerging market
      Source: Reuters  -  509 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Medication reminder comes on bottle cap
      633 11  -  S'pore-based firm Remind Cap to market system to US drug makers By CHEN HUIFEN INNOVATION does not necessarily need to be rocket science or high-technology, as Singapore-based Remind Cap Pte Ltd has shown. The company has devised a cap closure system that can remind
      ARTHUR LEE  -  633 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Business receipts index up 11.5%
        102 11 Reuters SINGAPORE'S business receipts index, measuring activity in the services sector, rose 11.5 per cent in the first quarter from a year ago, on strong growth in financial and IT consultancy services. This was the 11th consecutive quarter of year-on-year gains. The index recorded a
        Reuters  -  102 words
      • Article
        Lock icon Phone-in service on traffic at checkpoints
        81 11 FROM Thursday, motorists travelling between Singapore and Malaysia can find out about the traffic conditions at the Tuas and Woodlands checkpoints by calling the Land Transport Authority's Checkpoints Traffic Information Phone-in System (Check-Tips) at 6863 0117. As the authority overseeing Singapore's land transport system,
        81 words
      • Article
        Lock icon Tourist arrivals in Anril un 16%
        41 11 Reuters r SINGAPORE'S tourist arrivals in April were 16 per cent up on the figures a year earlier, boosted by arrivals from Indonesia, China, Australia, India and Malaysia, the Singapore Tourism Board said yesterday. —Reuters
        Reuters  -  41 words
      • Article
        Lock icon Standard Chartered's research donation
        43 11 STANDARD Chartered Bank will give US$l million as annual funding for conducting research in business and financial products, services and technology, in conjunction with the setting up the Standard Chartered Bank-Singapore Management University Innovation Centre in the SMU campus.
        43 words
    • Article
      Lock icon Middle East firm invests US$25m in Singapore
      375 12  -  FTV Proclad is first Kuwaiti investment in oil and gas industry here By CLARENCE MICHAEL in Dubai THE first Kuwaiti investment in the oil and gas industry in Singapore, FTV Proclad (Singapore) Pte Ltd, a US$25 million manufacturing facility, was inaugurated by the
      375 words
    • Article
      Lock icon URA developing e-filing system
      213 12 THE Urban Redevelopment Authority has found a solution to its filing hassles The KRIS Intelligent Filer (KIF). Software company SQL View yesterday received $260,717 from The Enterprise Challenge, an initiative of the Prime Minister's Office, to pilot KIF at URA for six months. "URA is proud
      213 words
    • Article, Illustration
      Lock icon PUB to splash $23m on ABC Waters plan
      409 12  -  By BRYNA SIM FANCY having a breathtaking view of lush greenery, boardwalks, and water features right at your doorstep? You can soon enjoy all these and more at no cost at all. The Public Utilities Board (PUB) will be investing $23 million
      409 words
    • Article
      Lock icon Promoting fair employment practices
      183 12 Group comprising union, govt, employer representatives formed A TRIPARTITE Alliance for Fair Employment Practices has been set up to raise awareness and share knowledge of fair practices. Co-chaired by vice-president of the Singapore National Employers Federation Bob Tan and assistant secretary-general of the National Trades Union
      183 words
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      100 11 can assist you with offshore 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 J planning. For further information and
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      67 11 H ABNAMROCIMB^^J!S£9 EX A I Sppsa** y- Tel: 1800-ABN AMRO (226 2676) Tat 1800 538 0889 Tel: 6220 7890 Tel: 6220 6333 Tel: 6687 2863 tW: 1800 800 8«0 I mm H M rlHlld lAM.I-UU Mrntyxw Starjd^d^ I BS sPSSrffSS!; r wy ftm rt Ww Tel: 6557 2000 Tel: 6336
      67 words
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      1798 12 moticfs I 1 A Jl i- I nil free: 1800-289-8822 Email: I ARAB BANK PLC i (fr v (Incorporated in Amman, Jordan) Consolidated Balance Sheet Consolidated Income Statement as of 31 December 2005 and 2004 for the year ended 31 December 2005 and 2004 2005 2004 2005 2004 USD C
      1,798 words
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  • SME spotlight
    • Article, Illustration
      Lock icon Amore aims to be fighting fit
      848 13  -  What is most important is delivering quality service to their customers, founder and COO Jasmine Teo tells JURENA CHAN JURENA CHAN BEING a pioneer in programmes and processes in the highly competitive fitness and spa industry is not something new for Amore Fitness. After
      YEN MENG JIIN  -  848 words
    • Article, Illustration
      Lock icon Grabbing the attention of VCs
      740 14  -  NANDE KHIN finds out what Singapore SMEs can do to make global venture capitalists take notice of them and offer funding NANDE KHIN M£MMi HH regional competition for funding from global venture capitalists is getting tougher by the day. So small- and mediumsized enterprises (SMKs)
      740 words
    • Article, Illustration
      Lock icon Enviro-Hub to tackle consumer e-waste
      998 15  -  SMALL CAPS The environmental management company aims to tap the huge demand for recycling services, reports NANDE KHIN NANDE KHIN ENVIRONMENTAL management company En-viro-Hub, which has been very much focused on the electronic waste (e-waste) resulting from manufacturing activities, is looking to go into recycling
      998 words
    • Article
      Lock icon The higher they soar, the harder they fall
      360 15  -  By TEH HOOI LING THE thing about small-cap stocks is that although they can rise very fast, they can plunge just as quickly. In line with jitters sweeping global markets, Singapore stocks have corrected rather sharply in the last two weeks, but
      360 words
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      326 13 :»atc NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ING DESIGN PTE LTD ("th« Company") (CO REG NO. *****5176G) (IN CREDITORS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Chapter 50, that
      326 words
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      182 13 Credit Agricole Private Bank Imagine a private bank that combines strength and dedicated service Backed by an extensive international network and the significant leverage that comes with being a member of the world's sth largest banking group*, Credit Agricole Private Bank is a frontrunner in personal wealth management. To protect
      182 words
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      1383 14 Consolidated Balance Sheet according to IFRS as at 31 st December Consolidated Income Statement according to IFRS for the year 2005 and 2004 ended 31 st December 2005 and 2004 2005 2004 2005 2004 Assets m £m Income Statement em €m Cash funds 4,295 2,266 Net interest and current income
      1,383 words
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      42 15 II v'|p wm I Surrounding Protects No of Units PSF(RM)* iputbuyks 4» 4ss 2 Mentz 750 I 3 K Residency 180 800 4 myHabitat 300 555 5 Hampshire Residences 202 600 MtDtff morcA' wiMif IHHH Another prestigious project by BluMtone Group Malaysia
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      24 15 W JM IJP "kWfKm fl fl HP 1 V jgF >- rj&: ■Pi!w.. ■.JiPJ!i 1 *#*MKM .H P*' k* "H* ;< i-- j9e j*'< n x
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  • ECONOMY WATCH
    • Article
      Lock icon Thailand trims growth forecast to 4.5%
      536 16 Move comes amid rising fuel prices, interest rates, falling investments By OUR CORRESPONDENT in Bangkok THAIIAND'S Ministry of Finance yesterday trimmed its forecast for the country's economic growth this year, amid higher fuel costs, rising interest rates, a surge in inflation and a decline
      536 words
    • Article, Illustration
      Lock icon Pakistan expects growth of up to 8% for next 5 years
      674 16 Bloomberg [ISLAMABAD] Pakistan's economy will probably grow at an annual pace of as much as 8 per cent over the next five years, matching neighbouring India, on record foreign investment and rising consumer spending, Prime Minister Shaukat Aziz said.
      Bloomberg; REUTERS  -  674 words
    • Article, Illustration
      Lock icon Yuan set to overtake HK$ in value soon
      805 16 But Hong Kong will benefit instead of lose out: analysts Reuters [HONG KONG] For the first time in more than a decade, the Chinese currency may soon be worth more than the Hong Kong dollar. This may sound ominous for Hong Kong,
      Reuters; FILE PHOTO  -  805 words
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      204 16 houses, come to you right here at the club's Captain's Table. Feast on an ala carte buffet of dishes from that region. This promotion is on from 1 May to 31 May, and is available for dinner on weekdays and lunch on weekends and public holidays. From adults $22.80++; children
      204 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon MAS posts lower than forecast Q1 loss
      472 17  -  Group incurs RM32lm loss, says new strategies taking effect By PAULINE NG in Kuala Lumpur MALAYSIA Airlines (MAS) has turned in lower losses than forecast in its first quarter to the end of March, leading company executives to believe that their turnaround strategies
      472 words
    • BRIEFLY ASIA
      • Article
        Lock icon Millicom to be sold to China group: sources
        70 17 Reuters [STOCKHOLM/HONG KONG] Emerging market telecoms operator Millicom said yesterday it was in advanced talks with an unnamed purchaser, which people familiar with the matter have said is the state-owned parent of China Mobile (Hong Kong) Ltd. Sources told Reuters last week
        Reuters  -  70 words
      • Article
        Lock icon China makes case against Intel standard
        61 17 AFP [SHANGHAI] China has launched a case against American chipmaker Intel's near-monopoly on encryption standards for wireless local area network (WLAN) equipment, state press reported yesterday. China has accused the makers of the technology developed by Intel of unethical behaviour and has asked the
        AFP  -  61 words
      • Article
        Lock icon Illegal downloaders face 100,000 yuan fine
        61 17 Bloomberg [SHANGHAI] China said it will fine distributors of illegally copied music, movies and other material over the Internet by as much as 100,000 yuan (S$ 19,700) from July 1, putting pressure on search engines such as Baidu.com. Internet service providers must now give
        Bloomberg  -  61 words
      • Article
        Lock icon GE inks dean-fuel MOU with China
        42 17 Bloomberg [HONG KONG] General Electric Co, the world's biggest maker of power-plant turbines, signed a memorandum of understanding with China on the development of clean-energy technologies, GE announced in Beijing yesterday. It gave no financial details.
        Bloomberg  -  42 words
      • Article
        Lock icon Mitsui may set up iron plant in India
        68 17 Bloomberg [MUMBAI] Mitsui Co, Japan's second-largest trading company, may partner India's state-owned National Mineral Development Corp to set up a pig-iron plant in the South Asian country, India's steel secretary says. The plant, to be built in Chattisgarh state, could cost as
        Bloomberg  -  68 words
      • Article
        Lock icon Mahindra talks with Tractorul put on hold
        80 17 Bloomberg [MUMBAI] India's top tractor and utility vehicle maker, Mahindra Mahindra, said yesterday talks over Romania's Tractorul Brasov had been suspended but that it still remained interested. Singapore's T emasek Holdings has a stake in the tractor maker. Mahindra also said yesterday that
        Bloomberg  -  80 words
      • Article
        Lock icon Sampoerna family buys Israeli insurer
        42 17 Bloomberg [JERUSALEM] Indonesia's Sampoerna family bought 20.2 per cent of Harel Insurance Investments Ltd, Israel's third-largest insurance company, half from Israel Discount Bank and half from the Hamburger family. The sale values Harel at US$9OO million. Bloomberg
        Bloomberg  -  42 words
    • Article
      Lock icon Indon bank seeks US$700m bridge finance
      545 17 Facility to partly pay for US$3.lb coal mine purchase Reuters [SINGAPORE] Indonesian bank PT Renaissance Capital is seeking US$7OO million in bridge financing instead of a strategic investment to seal its US$3.l billion acquisition of coal mines from Bumi Resources, a Renaissance director said
      Reuters  -  545 words
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      60 17 Canon Delighting You Always Crossword 1. A N O jj Across 2. Who makes it easy to find documents? 3. Who provides software that automatically dates all document versions? Down 1. Who allows you to scan, archive and email from the same machine? 4. Who makes your work easy? t
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      133 18/19 KMM®I■ U ■-fllk I fß^™BKMfcff!«iß^^^KW#7/fl>TSHr«jiif>if:ftfflji3^^^^^MyM«HMl!j^BM^^M^^^^^^M lIIImIk M ■<■■■* H ■rlwMMSßi&^BSfVnsffiftH^^^^^^^^H J I'l 1 H 111 -,H BH£ I■■ f, 7f(T(N7f jv r77ffr«f'/// < K'yfltfi^^^MMi^MM^^^^^^HWMMWwHlilWilß^^^^B I *****1 l II I |j| I 111! Iml I TO THE UltmiEßS OF j %sk: jM|| h 8 Inl&w'JMii THEFIOBCIPRIX |f3jH||f§ D' EXCELLEHCE 2006 jES^^E^
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  • GREATER CHINA
    • Article
      Lock icon ICBG reserving US$3b of IPO shares for HK tycoons
      522 20 They will get 25% of total float, which could raise up to US$l5b [HONG KONG] Industrial and Commercial Bank of China (ICBC), the mainland's largest lender, has earmarked US$3 billion worth of shares in its Hong Kong initial public offering (IPO)
      522 words
    • Article
      Lock icon Beijing North Star ready to launch IPO
      367 20 Property firm aims to raise up to 3.5b yuan by issuing 1.5 billion shares [HONG KONG] Beijing North Star, the Hong Kong-listed property arm of the Beijing city government, said it is ready to seek up to 3.5 billion yuan (*****.4 million) through
      367 words
    • Article
      Lock icon Coutts, BOC hold talks on joint venture bank: report
      211 20 AFP [SHANGHAI] Coutts, one of Britain's oldest banks, is in talks with Bank of China, in which Singapore investment company Temasek Holdings has a stake, about a joint venture bank for China's growing rich set, the Financial Times reported yesterday. The
      AFP  -  211 words
    • Article, Illustration
      Lock icon Taiwan minister questioned in scandal probe
      226 20 Reuters [TAIPEI] Taiwan prosecutors interrogated Finance Minister Joseph Lyu yesterday as part of an investigation into a snowballing insider trading scandal involving President Chen Shui-bian's son-in-law. Mr Lyu and Liu Teng-cheng, director-general of the Finance Ministry's treasury department, were questioned about a syndicated loan
      Reuters; REUTERS  -  226 words
    • Article
      Lock icon BURSA MALAYSIA
      2329 20 vol Gamuda -3.54 -0.02 213 Ml W- (*W) General Corp .0.59 -0.04 14 Genting .23.00 -0.60 873 AAMRealty 135 unch 11 George Kent .0.52 -0.02 1406 Abhc .0.33 unch 0 GHI Systems .032 -0.01 3456 ACPIndustnes 339 -0.06 160 Globetronia Tech .0.32 unch 241 Advance Synergy .0.20 unch
      2,329 words
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      882 20 I JPMorgan Chase Co. I 1 Parent company of JPMorgan Chase Bank, National Association 1 I JPMorgan Chase ft Co. JPMorgan Chase ft Co. H 9 Condensed Consolidated Statement of Income Condensed Consolidated Balance Sheet I II For the year ended December 31, 2005 December 31, 2005 I B In
      882 words
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  • INDIA
    • Article
      Lock icon Is the bull run on Indian bourses coming to a halt?
      454 21 Analyst draws similarities between Intel and India NYT INEW YORK] Nearly a decade ago, when technology stocks were hot and developing countries were not, a money manager calculated that Intel was worth as much as all the publicly traded
      NYT  -  454 words
    • Article
      Lock icon Arcelor urged to justify Severstal deal
      557 21 Purchase of Russian group may not be better than Mittal's bid: analysts Reuters [PARIS] Steel group Arcelor has to convince investors why it made a 13 billion euro (5526.2 billion) deal with Russia's Severstal instead of talking to suitor Mittal Steel, analysts and shareholders
      Reuters  -  557 words
    • Article, Illustration
      Lock icon United Breweries drops bid for Taittinger
      331 21 AFP [BANGALORE] India's biggest distiller, the United Breweries Group, said yesterday that it has shelved plans to buy French champagne group Taittinger as "local groups" have stepped in with a new offer. "We have walked out of the bid," Sunita Budhiraja, spokeswoman for United
      AFP  -  331 words
  • Page 21 Advertisements
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      2347 21 I BARCLAYS H Head Office: 1 Churchill Place, London El 4 SHP UK. Registered in England. Registered No: *****. Singapore Office: 23 Church Street #13-08 Capital Square Singapore *****1. Robinson Road P.O. Box 887, Singapore *****7. Tel: 6395 3000 The following is an extract from the 2005 financial statements and
      2,347 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Vodafone set to announce record £20b loss
      628 22 This is the result of huge accounting write-offs in the value of its assets [LONDON) Vodafone will achieve the dubious distinction of making Britain's largest ever corporate loss today as it plummets nearly £20 billion (5558.7 billion) into the red because of huge
      REUTERS  -  628 words
    • Article
      Lock icon World Bank to step up infrastructure role
      534 22  -  By ANTHONY ROWLEY in Tokyo THE World Bank is rethinking its role in providing infrastructure for developing nations and will become much more heavily involved from now on, the bank's president Paul Wolfowitz, said in Tokyo yesterday. But he warned during an international
      534 words
    • Article
      Lock icon Deutsche Telekom bid for BT unlikely
      423 22 Analysts say acquisition would be too expensive Reuters [FRANKFURT] A bid by Deutsche Telekom for British Telecom (BT) looks unlikely, analysts at four German banks said yesterday, pointing out that such an acquisition would be too expensive for the German company. Britain's The Times
      Reuters  -  423 words
    • WORLD WATCH
      • Article
        Lock icon Thai election officials face charges
        102 22 AP [BANGKOK] Thailand's embattled election commissioners appeared in court yesterday on charges that they colluded with the ruling party to rig last month's general election, officials said. The charges, brought by the main opposition Democrat Party, accuse the four commissioners of abuse of power, malfeasance
        AP  -  102 words
      • Article
        Lock icon Murdoch seeks stake in Alwaleed's firm
        107 22 Reuters [RIYADH] Rupert Murdoch's News Corp has started talks with billionaire Saudi Prince Alwaleed bin Talal to buy a stake in his Arab entertainment firm Rotana before its flotation next year, business daily Saudi al-Eqtisadiah reported. "Prince Alwaleed confirmed that international investor Rupert Murdoch
        Reuters  -  107 words
      • Article
        Lock icon Barclays to sell stake in leasing unit: report
        60 22 Reuters [LONDON] Barclays, Britain's third biggest bank, is expected to sell part of its leasing division, with the assets valued at between £1 billion and £1.2 billion (552.9-3.5 billion), The Business newspaper said. The report cited bankers and said sales information could
        Reuters  -  60 words
      • Article
        Lock icon AMD spends US$2.5b to raise output
        118 22 Bloomberg [SAN FRANCISCO] Advanced Micro Devices, Intel Corp's only competitor in personal computer microprocessors, will spend US$2.5 billion to increase output from its two German plants. The money will be used to refit an older plant with more efficient equipment and expand output at
        Bloomberg  -  118 words
    • Article, Illustration
      Lock icon Market correction a shift to caution
      251 22 Reuters [LONDON] One of the world's largest trackers of investment flows is suggesting that the recent sharp correction on global financial markets reflects a shift to caution rather than a mass exodus from all risky assets. State Street, the US financial services giant, says
      Reuters; REUTERS  -  251 words
    • Article
      Lock icon San Miguel, Coca-Colar in ownership talks
      281 22 Bloomberq [MANILA] San Miguel Corp, the Philippines' largest food and beverage company, said it's in talks with CocaCola Co about the ownership of their bottling venture in the country. "It is not possible to determine whether any change will occur in the ownership" of
      Bloomberq  -  281 words
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      5172 23 IJ0£i MATS m NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg I ORBS The Royal Bank of Scotland Head Office: 42 St Andrew Square, Edinburgh EH2 2YE The Royal Bank of Scotland Singapore Branch: 50 Raffles Place, #08-00 Singapore Land Tower, Singapore *****3 Tel: 65-6416-8600 Fax: 65-6225-9827, TLX RS ***** RBS SIN
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  • AVIATION
    • Article, Illustration
      Lock icon Air Deccan IPO falls 16% short of target
      683 24 Analysts say too much competition in Indian aviation market leading to a bloodbath Bloomberg INKW DELHI] Deccan Aviation Ltd, India's biggest low-fare carrier, raised 16 per cent less money than targeted in its initial public offer of shares because it had to
      Bloomberg; AFP  -  683 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2155 24 CITY FLIGHT ETA FLIGHT ETD NZ4355 0735 EK405 0210 SQ493 0735 EK433 0325 LH9771 1750 AF8068 2215 ***** SQ230 1750 BA7382 2215 JSH! !f55 "K2i ff 3 AF8087 1850 QF82 2215 1£$ W92 2335 BA7381 1850 LH9770 2345 EK432 2005 Of81 1850 SO229 2345 EJC352 2055
      2,155 words
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      Lock icon Explosion hits Airbus plant in France
      148 24 AP [TOULOUSE] A hydraulic press exploded at an Airbus factory in southern France yesterday, injuring at least five people, officials said. Two people were hospitalised with serious injuries after a hydraulic press for moulding sheet metal for airplane wings exploded. The warehouse was evacuated,
      AP; AFP  -  148 words
    • Article
      Lock icon China Air sees sales rising over 10% on surcharges
      338 24 Bloomberg (TAIPEI] China Airlines, Taiwan's largest air carrier, said 2006 sales will probably rise at a similar pace to last year's 13 per cent gain, as it imposes surcharges to cover surging fuel costs and carries more passengers. The company expects
      Bloomberg  -  338 words
    • Article
      Lock icon Asia-Pac air passenger traffic up 6.7% in April
      201 24 AFP [SINGAPORE] Asia-Pacific airlines flew 10.9 million passengers in April, up 6.7 per cent from the previous year, an industry group said yesterday. In the January-April period, passenger traffic increased 5.2 per cent on the year to 43.33 million, the Kuala Lumpur-based
      AFP  -  201 words
    • LOGBOOK
      • Article
        Lock icon Westlet settles with Air Canada
        84 24 Bloomberg [TORONTO] WesUet Airlines Ltd, Canada's second-biggest airline, has agreed to pay C 55.5 million (557.9 million) to settle allegations that the carrier "covertly" accessed confidential information belonging to larger rival Air Canada. West Jet, based in Calgary, will also donate Cslo million in the
        Bloomberg  -  84 words
      • Article
        Lock icon Easy Jet staff to vote on pay offer today
        96 24 Bloomberg [LONDON] Easy Jet Pic cabin crews and ground staff will vote today in a management-organised poll on a pay offer from Europe's second-biggest low-cost airline. The carrier, which has proposed a pay increase of 3.5 per cent, organised the ballot
        Bloomberg  -  96 words
      • Article
        Lock icon Hochtief wins Moscow airport job
        61 24 Reuters [MOSCOW] Moscow's Sheremetyevo international airport said yesterday that German construction firm Hochtief had won a US$3OO million tender to upgrade its ageing Terminal 2. The project envisages expanding the terminal, which was built for the 1980 Moscow Olympic Games, to 240,000 square metres from
        Reuters  -  61 words
      • Article
        Lock icon Indian hostesses on Chinese airline
        90 24 AP [BEIJING] Fifteen Indian air hostesses will soon start serving passengers on a Chinese airline's flights from Shanghai to New Delhi. The women will start working on the China Eastern Airline flights on June 1, according to the website of the official People's Daily newspaper.
        AP  -  90 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Lock icon Page 24 Miscellaneous Column 1
      207 24 CRYPTIC CROSSWORD 28 Speed salad plant absorbs it (8) do with marriage (7) YESTERDAY'S SOLUTION 29 Native found in bed (6) 8 Made a tree-house perhaps Across: 1 Procurement, 9 Bole, 10 DOWN (6) Particulate, 11 Esau, 14 Neolith, 16 1 Secondary Dosition but not 9 Extremel Y s™ ll
      207 words
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  • SHIPPING
    • Article, Illustration
      Lock icon Titantic memorabilia up for auction in New York
      246 25 AFP [NEW YORK] Bronze plaques and other items from Titantic lifeboats that ferried survivors from the ill-fated oceanliner will go up for auction this week in New York, Christie's auction house said on Friday. A White Star line house flag and a
      AFP  -  246 words
    • Article
      Lock icon Frontline's Q1 profit falls 20% on rising fuel costs
      183 25 Bloomberg [OSLO] Frontline Ltd, the world's second largest oil tanker company, said profit in the first quarter slid 20 per cent, hurt by rising fuel costs. Net income fell to U*****.1 million, or U552.93 a share, from U*****.5 million, or U553.66,
      Bloomberg  -  183 words
    • Article
      Lock icon Concern over sinking of old bulk carriers
      341 25 Accidents could also hit freight rates for old ships Reuters [NEW YORK] A string of ship sinking accidents involving old bulk carriers in the past several months may attract attention from the International Maritime Organization (IMO), according to some shipowners and brokers. A
      Reuters  -  341 words
    • Article
      Lock icon TRANSPORT STOCKS
      288 25 SGX '000 May 29 SS W- Vol CH Offshore 0.35 unch 81 ChuanHup 0.32 unch 431 Cosco Corporation 1.28 -0.05 1954 CWT Distribution 1.19 0.06 150 Ezra Hldgs .2.42 -0.03 647 Freight Links 0.07 unch 875 Grand Banks Yacht 0.87 unch 0 Java Holdings a 1.40 0.05 1050
      288 words
    • Article
      Lock icon Sinotrans plans 2b yuan river port revamp
      373 25 [HONGKONG] River trade terminals will outperform ocean terminals in throughput growth in Shenzhen and Hong Kong, the South China Morning Post reported quoting officials of Sinotrans. This is why the company, leading feeder and river terminal operator in the Pearl River Delta, is
      373 words
    • Article, Illustration
      Lock icon Japan Coast Guard to set up anti-piracy team
      466 25  -  One of the 6-member team will be stationed in Singapore By DONALD URQUHART [SINGAPORE] In a bid to help protect Japanese vessels from piracy, the Japan Coast Guard (JCC) is establishing a dedicated sixmember anti-piracy team, one member of which will be
      FILE PHOTO  -  466 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon US must talk directly to Iran
      527 26 EDITORIAL AFTER meeting British Prime Minister Tony Blair, US President George Bush told reporters that he and the British leader had spent "a great deal of time" discussing ways to persuade Iran to suspend the production of uranium and give up a programme that
      527 words
    • Article, Illustration
      Lock icon Rebuilding Sony's declining brand equity
      1266 26  -  The Japanese conglomerate has become so diversified that it is in danger of losing its cachet By MARTIN FACKLER NYT Wlshioka bought car insurance last year, she chose the the company bore the same brand name as that on her life insurance policy, her favourite
      NYT; AFP  -  1,266 words
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      Lock icon Japan's next export is higher interest rates
      794 26  -  THE BOTTOM LINE WILLIAM PESEK JR IN Mumbai in January, I asked India's No 2 central bank official the same question I pose to every policy maker these days: What does Japan's revival mean for Asia? Without a moment's hesitation, Rakesh Mohan replied:
      794 words
    • Article
      Lock icon Solving the infrastructure issue
      621 27  -  World Bank president discusses measures for effective infrastructure development in developing countries By PAUL WOLFOWITZ AS we meet in Tokyo for the Annual Bank Conference on Development Economics we know that the global supply of infrastructure is not able to answer the needs of today and
      621 words
    • Article
      Lock icon Use PPP as basis to decrease GST
      356 27  -  LETTERS TO THE EDITOR Ricky Lee Singapore I REFER to the report, "S'pore consumption taxes are lowest in region" (BT, May 23). I would like to point out that the report is very misleading when it stated that "Singapore's 5 per cent GST
      356 words
    • Article
      Lock icon Have extra index for China plays
      156 27  -  Jimmy Ho Kwok Hoong Singapore THERE has been an influx of China company listings on the Singapore bourse during the past two years. Generally, their prices are affected by international market movements but not necessarily always so. Sometimes, we see China shares moving up
      156 words
    • Article, Illustration
      Lock icon Deja vu: what to do when oil (or innovation) is gone?
      1113 27  -  Technology can help. But what's more worrying is land and labour scarcity By DANIEL ALTMAN NYT WITH global economic growth near its fastest pace in decades, is there a chance that we'll finally run out of the resources we
      NYT; REUTERS  -  1,113 words
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      103 27 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletterQsph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
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  • Article
    Lock icon SINGAPORE STOCKS
    11116 28 SGX MAINBOARD 52 Wk Tel Last Vol Day Last Quote CrOiv Oiv GrYld Net MCap High Low Code Company Sate ('000) High Low Buyer Sajjgr Cvr P/t SwH 5 1 5716 1st Software 5c 2.5 unch 1970 2.5 2.5 2.5 3 fo.1 16 6 3148 8TelecomUS2c 7 unch
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  • Article
    Lock icon FINANCE & COMMODITIES
    6447 29 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local <wr In SS In USI dy yr dy yr dy Syr *3 lnd«» Change Change Change Change Change Chang* ifcrt1in**P»««*na/y 99*0 Ji II 08 09 5.9 MASiFntowttr) 9999 JO 2 7 16 44 14 9.6 !*t**P»»>m*iiry I33S.1 J.I JJ. 16 65
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      1373 30 UK CONTINENT SERVICE U.S.A SERVICE I ————————————————————————————N 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 MIDDLE-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
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      689 30 Rl DONGNAMA LINE WMWiWMP •WVICI VESSEL (EVERY SUN) VOY fs» HKG KOTA HADUW H1A215 04/0t M/ 06 lOTA HARMUM HN1299 11/06 IS/M KOTA NASI. HAS42S l«/ 0» 21/06 VESSa (EVERY SUN) VOY SGP HKG TRY Y0« KOOE MOL GLORY *7169 04/06 00/06 12/06 11/06 15/0* MaUKRTY ***** 11/06 IS/06 10/06
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      807 30 ySn WALLENIUS WILHELMSEN LOGISTICS website: http://www.2w9lobal.com Vtssa VOY RAMP HBCHT SW LK MAO SAY BAI TALABOT AMU 400Tms 6.3 M 30/0S 21/06 30/06 04/07 09/07 07/07 TAUSMAN AMI 7 3301 m 6.4 M 07/06 02/07 11/07 IS/07 19/07 17/07 TAMNGA AF6I9 3201 m 6.25 M 2S/06 20/07 29/07 02/01 07/00
      807 words
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      790 31 WAN HAI INTERNATIONAL PTE LTD a *0:**********0/* W\WAN HAI LINES HO 11L|03)3346M1J FAX: (03)*****281 rMUt (04) *****00 FAJL (04)2296*99 JOHIH; (07) *****23 MX: (07)*****21 SU TIL (031)*****75 NUk 031)*****14/ ******5 WWW.Wanhai.COm.S9 *I1H: (021) *****18 MX: (021) *****1* Ml It 71*310/*****1 FAX: *****9 BaiH: (061) *****83 MX: (061) 415*925/*****09 WEEKLY EXPRESS
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      Lock icon Page 31 Advertisements Column 2
      1179 31 [VESSEL Ivor PKL SIN KARACHI I DXBI BAB I NHS I DMM BIK 1 KHOR IRAN SHAHRYAR PCI SIM 30/05 31/05 09/06 12/06 13/06 IS/06 21/06 24/06 KAN BAABAfI PCI (140 07/06 01/06 17/06 20/06 21/06 26/06 2S/06 30/06 IRAN KORPESTAN PCI Sl4l 13/06 14/06 23/06 26/06 27/06 02/07 05/07
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      772 31 a<3£S& WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS VBSR I YOT I SW IcOIOtMO N.SKY* |cOUHWO HHIA SAHDHI MflL IHtUL _IUIU_ _JiUML_ _22M_ lAJnr —oimw ujuii mm njuii 7i jim 2LM mram rmm jg pjw mjuii mjul mm AISO ACOTMG FCI TO COOM, TUIKOKW
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  • THE BUSINESS TIMES SHIPPING TIMES
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      Lock icon THE BUSINESS TIMES SHIPPING GUIDE EXPORT
      5868 32 This ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 19/06 27/06 TNSShpg. BAY BRIDGE 020W *****250 To ABIDJAN (ABJ) 2003 Cote D'lvoire 21/06 06/07 Nortrans THOR mariner 6/06
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      2097 33 J0/k [•iATci NJOTICFS it -sell it-find )t Toll free: 1800 2 89 -882 2 Email: notices@sph.com.sg citigroupT" CONSOLIDATED BALANCE SHEET CITKMOUP inc. and SUBSIDIARIES CONSOLIDATED STATEMENT OF CITKMOUP Me. AND SUUIDIAHts REPORT Of INDEPENDENT REGISTERED PUBLIC ACCOUNTING INCOME FIRM CONSOLIDATED FINANCIAL STATEMENTS December 31, Year Ended December 31 Board of
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      90 33 COMMON LAND PTE LTD (Company Registration No: *****0672E) (Incorporated in the Republic of Singapore) (Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the members of the abovenamed Company will be held at
      90 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Residential collective sales from June 2005
      637 34 Eng Lok Mansion Beverly Mai Hilltops Apartments PROPERTY DATE SOLD PRICE SITE AREA PERMISSIBLE PfBCE TENURE BUYER ($m) (sq ft) GROSS PLOT RATIO (Spstylot ratio) (YEARS) EeWang Park (Lor HTelok Kurau) (13 unitsartoftotal 16units) Oct05 $920 27,996 14 $235 W Aspial Corporation Ee Wang
      637 words
    • Article, Illustration
      Lock icon CityDev snags Lucky Tower site for $383m
      626 35  -  Another site, Habitat One, is expected to fetch no less than $188m By KALPANA RASHIWALA THE collective sale market for prime sites continues to sizzle. Kven as it was made official yesterday that City Developments Ltd (CDL) has been awarded the Lucky Tower
      626 words
    • Article
      Lock icon New property curbs unlikely despite top-end price surge
      797 36  -  Property players say increase is modest healthy and sustainable By LESLIE YEE JUST over 10 years to the day when the government slammed the brakes on the residential property market, industry players don't see a fresh round of curbs any time soon,
      797 words
    • Article
      Lock icon S'pore developers win big at real estate competition
      259 36  -  By UMA SHANKARI SINGAPORE developers made a strong showing at this year's Prix d'Excellence awards ceremony .held by the International Real Estate Federation in Bangkok last night. The Housing Development Board (HDB) and Surbana International Consultants took all three awards in the
      259 words
    • Article
      Lock icon Koh Brothers buys Bukit Timah site for $30m
      157 36 KOH Brothers Development Pte Ltd, a subsidiary of Koh Brothers Group Ltd, yesterday said it had bought the freehold Alocassia Apartment on Bukit Timah Road for $30 million. Distinguished by its near trapezoidal, this commercial and residential site nestles between Robin Drive
      157 words
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      153 34 PATERSON ROAD DEVELOPMENT SITE FOR SALE BY TENDER TJ7 I I Walking distance to 1I b~l •Grand Hyalt Orchard Road </ $11 o I »>4S5a. Freehold Approximately oTtad 7 r 45,000sqft Plot ratio 2.1 A///A/—1 Height control up to J*L2J°Lla«a I r 24 storeys L_ 100% Consent Av/-7 s r~
      153 words
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      Lock icon Page 34 Advertisements Column 2
      216 34 IMiSsavills I I "777 I A Very Rare Investment Opportunity li\\ /ij/ RAFFLES QRLS' W\ POSSIBLY THE ONLY LARGE CONDOMINIUM SITE \o\ W "floS" AVAILABLE IN A PRIME BUNGALOW ENCLAVE Land Area: approximately 245,135 sq ft •MP 2003 Plot Ratio: 1.4, up to 4 storeys Tenure: Freehold Most coveted address
      216 words
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      28 34 Have to say "sorry?" Make it official. Call 1800 289 8822 or email notices® sph.com.sg to book your apology no tier in our newspapers now. NOHCtt* 1 1
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      209 35 LUXURY RESIDENTIAL DEVELOPMENT SITE FOR SALE BY TENDER Quiet environment, elevated grounds NEWTON Site area approximately V TWrs NEWTON 46,661 sq ft 51 el Plot Ratio 2.8 /Anflk>-ChlrM» F T «U x>\k 0 He '9ht control up to 36 wT. U storeys c II flffj Unobstructed views L < MRT
      209 words
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      Lock icon Page 35 Advertisements Column 2
      44 35 For Lease Office: 645 to ***** sqft Shop: 194 to 2433 sqft Restaurant: 8000 sqft (fitted) Outside CBD/ Free Shuttle Bus Service to MRT Station Panoramic city/ sea view Broadband enabled/ SCV Service available Ample carparking space Hong Fok Group Tel: 6390 2425/6292 8181
      44 words
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      Lock icon Page 35 Advertisements Column 3
      228 35 llwMffiTOß [1,000 t0J7,500 sq ft] ms&Smmrnm■ For Sale By Tender Prime Good Class Bungalow Sites j( i Vsc^ Combined Land Area: Approx. 48,543 sq ft 1 S Option to puchase whole or part Vii jiM. il Can be subdivided into 3 GCB plots Close proximity to reputable schools and Orchard
      228 words
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      291 36 GmWnmmßlßk Chesterton, Ml■ 11 \n■n 11 nl ■V9JV9QM international m yutiimalfiieaßD c ti Freehold with 100% consensus I Site Area 24,146 sq ft PR 1.4; up to 4 storeys Exc, e ,ocat i° n near Oraton l Rd For enquiries, contact: o* Mark Yuen: 9787 8654 f sirii' ;>c Email:
      291 words