The Business Times, 22 June 2006

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Total Pages: 34
1 34 The Business Times
  • 15 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg MICA (P) 099/03/2006 Thursday, June 22,2006
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  • 590 1  -  Proposed extension to new asset classes like Reits could lead to more mergers By LESLIE YEE [SINGAPORE] The takeover code could soon be extended to real estate investment trusts (Reits) and foreign corporations and business trusts with their primary listing in Singapore. The Securities
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  • 135 1 sn 2,329.60 (+2.49) ST INDEX FUTURES 2,330.00 (+2.00) SIMSCI 277.94 (+0.86) SIMSCI FUTURES 277.80 (+1.40) MARKETS Wednesday Change KLSECOMP 894.66 44.67 NIKKEI 225 14,644.26 -4.15 HANG SENG 15,659.36 +50.39 SET INDEX 649.74 +2.96 JAKARTA COMP 1,293.29 -1.68 MANILA COMP 2,057.77 -1032 SEOUL COMP J.227.19 +1.36 SHENZHEN B 278.71
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  • 752 1  -  Challenge for Newbridge; PCRD suspended again By SIOW LI SEN [SINGAPORE] Pacific Century Regional Developments (PCRD) was suspended again yesterday as the fight for its Hong Kong associate PCCW heats up after Australia's Macquarie Bank confirmed its interest and in doing so seemed to put
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  • Page 1 Advertisements
    • 19 1 Thumbs up for Suntec Reit US market a tough one to crack Taking the mergers acquisitions route 8 II
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    • 30 1 BT ONLINE BT print subscribers get free access to the Business Times Online. To activate your account log on to tittp://business-times.asial .com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838.
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    • 16 1 SHIPPING Regional anti-piracy initiative gets green light PAGE 20 I i^^fcS^^Mv^cSE.' W m H^H^nngHH|W| I -:>J*
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    • 110 1 WORLD CUP 2006 Italy can fight oft Czech-mate JL- v PAGE 14 I- PROPERTY Bukit Timah, Keng Chin houses up for sale again PAGE 32 J|'>%s£m& a 3Mfl|flßAAj^_r4ta^ I la^^zWiißL Bl laa <lSS§^' ts H Ezki Hk II jfl U Hk w-- m i* «m iS^ iißlllKlSillllflai S'% rnmmmmlmMm .|fc§
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  • TOP STORIES
    • 642 2  -  HOCK LOCK SIEW By ANGELA TAN FOR companies on the prowl like SingTel, it is not often that a potentially good acquisition comes along. This week, such an opportunity emerged in Hong Kong following news that phone operator PCCW's telecommunications and media
      AFP  -  642 words
    • 498 2  -  Private equity funds giving 'Macquisitions' a run for their money By SIOW LI SEN {SINGAPORE] Macquarie Bank's model of buying assets and then flipping them into listed and unlisted funds and real estate investment trusts for sale to investors pretty much unrivalled up to now
      Source: Bank Limited 2006 Annual Review  -  498 words
    • 512 2 S'pore luxury home prices up 7.7% in Q2 THE launch of St Regis Residences helped set records in luxury home prices and sales volumes in the second quarter, according to CB Richard Ellis. The average price for its basket of freehold completed luxury properties posted a quarter-on-quarter increase
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    • 601 3  -  St Regis Residences drive price to highest in 9 years, says CBRE By KALPANA RASHIWALA [SINGAPORE] The launch of St Regis Residences helped set records in luxury home prices and sales volumes in the second quarter, according to CB Richard Ellis (CBRE).
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    • 455 3  -  By DANIEL BUENAS [SINGAPORE] The search is on once more for Singapore's Entrepreneur of the Year (EOY), with the launch yesterday of Ernst Young's 2006 EOY Awards. The annual awards, introduced in Singapore in 2002 and now in their fifth year, recognise entrepreneurs whose ingenuity
      ARTHUR LEE  -  455 words
  • Page 2 Advertisements
    • 469 2 J 1 I THE MONETARY AUTHORITY OF SINGAPORE I TENOR APPROXIMATELY 7 YEARS I TOTAL AMOUNT OFFERED 5GD1,000,000,000 I II MINIMUM DENOMINATION SGD 1,000 I MAS' INTENDED TENDER AMOUNT NIL I (NON-COMPETITIVE) I ISSUE CODE NXO3IOOZ (REOPENED) I ISIN CODE 5G********** I I U ISSUE DATE/SETTLEMENT DATE 3 JULY 2006
      469 words
    • 25 2 Want the best deal? 8? Invite tenders. Call 1800 289 8822 or email notiees@sph.com.sg to book your tender notice in our newspapers now. [•■AT3 NOTICES
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    • 9 2 people No mountain high enough. www.thepeop!eatwcf'k.com Asia-Pacific Executive Search
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  • Page 3 Advertisements
    • 270 3 Our unrivalled range of markets indudes thousands of individual shares, plus FX and global stock indices. I j- /J Q A CI 1 Q Opening a position is quick and easy, and all our products are available through our multilingual online platform. 03/ UD I 10 ■Go long or short
      270 words

  • COMPANY NEWS
    • 371 4  -  Move will facilitate raising of funds by foreign-listed companies in S'pore By CONRAD TAN FOREIGN-LISTED companies will find it easier to raise capital here after the Singapore Exchange (SGX) yesterday started to accept listings of global depository receipts (GDRs). These financial instruments, which represent
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    • 504 4  -  JP Morgan sees boost for RNAV and EPS if it wins deal By RONNIE LIM SUEZ Tractebel, SembCorp Utilities' French rival for a mega US$l.7 billion power and desalination project in Abu Dhabi, has been squeezed out in the re-bids,
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    • 172 4  -  By MATTHEW PHAN HONG Kong-based supply-chain manager Noble Group is participating in the ISGXBuII Run/or a third consecutive year. The Bull Run is an annual 3.2 km run for corporate executives through Singapore's Central Business District. Dress code is office attire and running shoes. The
      172 words
    • 137 4 SINGAPORE Press Holdings' wholly owned subsidiary Orchard 290 Ltd has entered into an agreement with a syndicate of banks and financial institutions for a $610 million five-year term loan facility. SPH owns Orchard 290 through wholly owned subsidiary Times Properties. The funds will
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    • 378 4 Bloomberg [HONG KONG] Huishang Bank, a newly formed lender in China's eastern Anhui province, seeks overseas strategic investors, a regulatory official said, after a report that DBS Group Holdings is in talks to buy a 20 per cent stake. Xu Zhen, a China Banking
      Bloomberg  -  378 words
    • 221 4 SENIOR APPOINTMENTS PARKWAY Holdings has appointed Daniel James Snyder as its group chief operating officer. Mr Snyder has more than 28 years of experience and success leading healthcare systems and operations worldwide, said the healthcare group. "His appointment strengthens the senior leadership
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    • 107 4 THE Network for Electronic Transfers (Singapore) Pte Ltd (Nets) has appointed Edmund Koh of DBS Bank to its board of directors. Mr Koh is managing director and head of regional consumer banking group at DBS, where he is responsible for growing the Singapore and
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    • 650 5  -  Case was last resort after amicable solution could not be reached: official By OH BOON PING CREATIVE Technology's lawsuit against Apple Computer was a last resort after it failed to reach an amicable solution with its bigger rival, a senior official of the
      REUTERS  -  650 words
    • 318 5  -  Line to ply Arabian Gulf, Indian Ocean regions By DONALD URQUHART MAINBOARD-LISTED dry bulk shipping company STX Pan Ocean said yesterday it has formed a jointventure bulk shipping line to tap the growing Arabian Gulf and Indian Ocean markets. STX. through its
      318 words
    • 227 5 Reuters [JAKARTA] Indonesian shipping firm PT Berlian Laju Tanker Tbk plans to list a 20 per cent stake on the Singapore stock exchange in October to raise funds for planned capital spending, including buying new ships. Widihardja Tanudjaja, the company's president
      Reuters  -  227 words
    • 340 8  -  Group signs options to buy properties worth $44.5m By CRYSTAL NEO SOILBUILD Group Holdings is expanding its presence in the Balestier Road area. The group said yesterday that it has signed various options to purchase properties worth $44.5 million through its wholly owned subsidiary SB
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    • COMPANY BRIEFS
      • 45 8 VENTURE Corp said the deemed interest of The Capital Group Companies Inc in the company has fallen to 5.89 per cent from 6.83 per cent. This was a result of sales from Dec 1, 2005, through June 16, 2006.
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      • 75 8 AIROCEAN Group said Tay Swee Sze has resigned as an independent director of the company and as chairman of the audit committee, with effect from yesterday. He also resigned from the nomination and remuneration committees. The board has nominated independent director Desmond Ong
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      • 42 8 SINGTEL has won four awards at the Asian MobileNews Awards 2006. The awards are Asian Mobile Operator of the Year; Mobile Operator of the Year, Singapore; Mobile Operator CEO of the Year; and Best Customer Retention Mobile Operator.
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      • 46 8 TPA Strategic Holdings has sold its entire 48 per cent stake in Sichuan Aote Accessories Repair and Maintenance Co Ltd for 17.77 million yuan (553.48 million). The stake was sold to the other joint-venture partner, Sichuan Haite High-Tech Co Ltd.
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      • 57 8 Yanlord Land IPO rakes in $261 m > YANLORD Land's IPO has raised $261 million. Its public offer of three million ordinary shares priced at $1.08 was about 2.6 times subscribed. The 239 million shares offered by way of international placement were 1.3 times subscribed. Investors include Guoco Group's Asia
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      • 43 8 FRONTLINE Technologies Corporation Ltd will be transferring 350,000 shares, equivalent to 3.5 per cent, in its Malaysian unit to key management personnel Abd Rahman bin Mohd Yusuf, Yusmadi bin Yusuf and Abdul Shukor bin Abu Bakar.
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    • 162 8 Reuters [KUALA LUMPUR] Malaysian printing firm Tien Wah Press Holdings Bhd has dropped plans to buy a laminating business from major shareholder New Toyo International Holdings Ltd for RM7S million (5532.6 million). Tien Wah had agreed in September to issue 36.07 million
      Reuters  -  162 words
    • 301 8  -  Higher sales to Australia help lift revenue by 3.8% By CONRAD TAN FABCHEM China, a commercial explosives manufacturer which listed here in mid-April, yesterday reported a 54 per cent jump in net profit to 54.1 million yuan (Sslo.B million) for its full
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    • 5289 8 UNIT TRUSTS FUNDS ACMGI Amer Income B USD 837/ ACMGI Amer Income A EUR 6.65/ ACMGI Amer Income B EUR 6.65/ AM Amro Aaet Mgt (S'pore) ACMGI Ei*op Income Opp AT SGO 14.97/ S&rEixope Eqtyf 0.89® ACMGI Ei#op Hcome Opp BT SGD 14.97/ Star Europe Band 1167/ ACMGI Eixop Income
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  • Page 4 Advertisements


  • SINGAPORE MARKETS
    • 467 6  -  STOCKS Half of the 20 most active stocks are China companies, with many showing handsome gains TEH HOOI LING Senior Correspondent A CONTINUED cloudy outlook on the interest rates front kept many investors sidelined yesterday, but punters appeared to have returned to the
      Source: Bloomberg  -  467 words
    • 1013 6 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on jun 21 and earlier) Subsantial No of Price SHAREHOLDING Trans Shareholder/ BuyI Shares Per Before After Stock Pate Director Sell '000 Shr COOP) ('000) Westcomb 21-Jun-06 Choo Chee Kong *Buy 10 0.29 ***** 32.54 ***** 32.55 Westcomb 21-Jun-06 Westcomb Profits Ltd
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    • Article, Illustration
      850 6  -  Compiled by MATTHEW PHAN Sino-Environment Tech June 21 dose: 77 cents CIMB-GK RESEARCH, June 21 SINO-ENVIRONMENT specialises in treating industrial waste gas along with recovery of volatile organic compounds (VOC), in particular toluene (derivate of crude oil), as raw material for its PRC customers to re-use. The company
      Source: Bloomberg  -  850 words
    • 539 6  -  CURRENCIES LARRY WEE Senior Correspondent THE US dollar finished lower in Asian trading yesterday after the euro and Japanese yen made a recovery in overnight trading. Propelled by the latter's comeback, the greenback also ended south of the psychological 8 yuan marker,
      Source: Reuters  -  539 words

  • STOCK FOCUS
    • 1145 7  -  It offers decent yield plus solid exposure to an improving outlook for office and retail properties, says LESLIE YEE LESLIE YEE LISTED in December 2004, Suntec Real Estate Investment Trust (Suntec Reit) has a wide investment mandate that allows it to invest in retail and
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  • Page 7 Advertisements

  • Page 8 Advertisements
    • 34 8 AllianzGI RCM Global Twin-Focus Fund a fund that offers you twin benefits Allianz (fil) °f potential quarterly payouts and limits possible downside. Visit OCBC Bank for Global nvestors .-.-J more details. company no *****7169Z
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  • S'PORE ARTS FESTIVAL
    • 542 9  -  REVIEW: NEDERLANDS DANS THEATRE By CHEAH UI-HOON IT WAS a night when the inanimate objects and the standard "fixed" backdrops on stage curtains, walls were brought to life in dance. In the Nederlands Dans Theatre's (NDT) triple bill performed on Tuesday night, Europe's top choreographers demonstrated
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    • 653 9  -  PREVIEW: GOTTLIEB WALLISCH WITH CAMERATA SALZBURG BY JURENA CHAN ONE thing you can gather from speaking to 28-year-old Austrian pianist Gottlieb Wallisch is: he loves his piano. It is not hard to understand why. On the phone with him, you can just hear the enthusiasm in his voice.
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    • 473 9  -  PREVIEW: RAIN By UMA SHANKARI ONE of the most prestigious names in dance, the Brusselsbased Rosas, will finally take the stage in Singapore this weekend. The company will make its Singapore debut with Rain, which has played to tremendous receptions around the world
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  • Page 9 Advertisements
    • 283 9 I Broadcastl\sia2oo6 I mm The 11th International Digital Multimedia 4 Entertainment Technology Exhibition 4 Conference 23 JUD6 2006 www.Broadcast-Asia.com 10 30am spm I I CammunMsiaflttß I ■j The I?th International Ccrrtmunicationa and Information Technology Exhibition Broadcast Asia International www.CommunicAsia.com Conference I fntßnirise!\ll2oo6 EzEl, I The 3rd International Information Technology Exhibition
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    • 60 9 f Be seen...and make a scene I \jfr Make an entrance. Strike a pose. Strut your jHk RHH stuff. Sneak a peak. Oscar's backl Discover the stunning new face of a Lion City legend, \jOM revitalised Savour fresco r adventures and buffet that goes beyond. JM Taste the the effervescence,
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  • SINGAPORE INTERNATIONAL
    • 783 10  -  But if a company can make it in the world's biggest and most influential market, it can make it anywhere. CHUANG PECK MING reports CHUANG PECK MING WITH China and India hogging the limelight these days, it's easy to forget that the United
      783 words
    • 717 10  - Taking the mergers acquisitions route Overnight asset gains are often tempered by consolidation challenges, reports CHUANG PECK MING CHUANG PECK MING SINGAPORE-based eSys Technologies, a global distributor of information technology products, was in a hurry to build up its presence in the United States. And what a better way to
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    • 531 10  -  JOSEPH A ANDERSON, managing partner of law firm Morrison Foerster in Singapore, tackles some of the key questions asked when a Singapore company wants to break into the US market JOSEPH A ANDERSON What are the different entry modes into the US market and
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    • 349 10 HOW to venture into the United States market? Engage a representative company, strike a distribution agreement? Do a licence deal? Buy a US company, or merge with it? Go into a joint venture with a US partner, or simply start a new company there?
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  • Page 10 Advertisements
    • 204 10 The United States is the world's largest economy (US$l2 trillion), and the top destination for foreign direct investment. As Asian businesses step up their engagements with the US market, joint ventures (JV) and mergers acquisitions (M&A) are fast emerging as strategic modes of entry. Hear from distinguished US market experts
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    • 37 10 ENTERPRISE The Business Times SINGAPORE Singapore Singapore Intamationaib a waaldy.marfcat'focuaadMrici brought to you by NE Singapore and Tha iurineM Tlmat. IE Singapore ban agancy undar tha Minbtry of Treda and Industry haipbtg Singapore antarprbat export and krtamatlonaUta.
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  • SINGAPORE NEWS
    • 687 11  -  Market was volatile with US$70-plus prices and weaker demand, they say By RONNIE LIM THE second quarter proved to be a tough one for most oil traders here, as prices climbed into the uncharted US$7O-plus territory. It was not easy making money, they lament.
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    • 355 11  -  By MELISSA LOH THE experience of going through National Service and serving in the army is to be chronicled in the upcoming Army Museum of Singapore. Expected to open in late 2007, the museum will showcase the progression of the army from a two-bat-talion
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    • 358 11  -  By WEE LI-EN THE e-mail etiquette and management style of Crimson Logic's former chief executive Velusamy Mathivanan was in the spotlight yesterday in a corruption case. Mathivanan is accused of agreeing to pay Carrefour Singapore's former IT head Matthias Tan $35,000 for recommending that a
      358 words
    • 272 11 The COE premium for small cars has fallen almost $2,000 to below $10,000 only the second time in recent years that it has come in below five figures. Category A, for cars below 1,600 cc, slumped $1,901 to $9,301 in yesterday's tender for
      272 words
    • 451 11  -  By JAMIE LEE TOP construction companies' financials will come under heavier scrutiny by government agencies as a new Building and Construction Authority (BCA) regulation requires them to go through a credit-rating system. Under the BCA Constructors Registry, construction firms are split into seven
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    • SINGAPORE ROUNDUP
      • 61 11 THARMAN Shanmugaratnam, Minister for Education and Second Minister for Finance, will visit Beijing and Liaoning in China from June 22-28. He will co-chair the Third Meeting of the Singapore-Liaoning Economic and Trade Council with Liaoning governor Zhang Wenyue and meet with Party Secretary Li Keqiang.
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      • 64 11 WONG Wee Kim will succeed Leow Bee Geok as Singapore's chief statistician from July 1. Miss Wong joined the public service in 1983 and is now deputy chief statistician. She was previously director of Planning and Enterprise Ecosystem Policy at the Economic Development Board. Mrs Leow,
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      • 37 11 SINGAPORE has joined the Renewable Energy and Energy Efficiency Partnership, an international alliance of governments, NGOs and businesses committed to accelerating and expanding the global market for renewable energy and energy-efficient technologies.
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      • 51 11 CPG CONSULTANTS has signed a contract with Enshaa-NLC Developers Pte Ltd to provide master planning, architectural design and other services for a mixed development project in Karachi. The 6 million square feet development will cost US$5OO million and is expected to be completed by
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  • Page 11 Advertisements
    • 61 11 GRAND HYATT BBQ BUFFET .j- \i\'S J I /!!< I j! !•<•/' i! •"< '.I J t I J>! .<•> t <■/•■! it i. t I I' J. I il !< i i. Jt I. I l! 1 r I Oasis F I I PHOMf i'if /-/M A\\ I f
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  • ECONOMY WATCH
    • 618 12 Boosting such local base 'will shield them from global risk aversion' Reuters [LONDON] Emerging economies must grow their domestic investor base to complement foreign cash flows to local bond markets, a move that will also shield them from bouts of global risk aversion, a
      Reuters  -  618 words
    • 306 12 Land seizures have become key source of rural strife Reuters [BEIJING] China's top anticorruption official has pledged to crack down on corruption affecting farmers, Xinhua news agency said, part of efforts to appease rural residents and avoid social instability. The report, carried by Xinhua
      Reuters; FILE PHOTO  -  306 words
    • 437 12 AFP [GENEVA] The World Trade Organization on Tuesday urged Taiwan to adopt freer trade ties with China in order to stimulate growth and investment. In its first-ever review of Taiwan's trade policy since the island joined the global body four years
      AFP  -  437 words
    • 287 12 But it may head higher as Tenaga raises power rates this month Bloomberg [KUALA LUMPUR] Malaysia's inflation rate eased in May, falling below 4 per cent for the first time in three months, as gains in transport costs slowed and clothing prices and
      Bloomberg  -  287 words
  • Page 12 Advertisements
    • 105 12 to mr popular dwct-iaport fll U.5.D.4 Ended Beef is now back. i Please come in and enjoy on jJ Ik WM succulent stßiks. MUM 1 Tujlu laid Ml II Intart hrali Mil tat»m imii *ii: iTif wSf^B3^E3K3SS3Km nunm > wi«t«i m nm/n Mntn tiifapn Hill w mum am num Diners
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    • 34 12 Fan+as+ic value You can enjoy salads, soups, Ice cream, local desserts like Ice kacang and tau suan plus fresh fruit for only $3*! With every order of a local or western delight from 56.90*.
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    • 60 12 "^otjon favount«>« a^^one V Kp p| IUI <?-. #-i ■**M v "X worid cup nvm Catch the excitement and round up ygur buddies to watch the World Cup matches telecast live at CluD 5' Take part in our Guess the Sco'e game and you could win a Car 6298 0011
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    • 27 12 atticuU tftJtc^aw s.'T" £j y was the essence of India #01-05 a. block 3D. Clarke quay river valley rd. Singapore 179 023 phono 6837 2800 email enqulry®ra«.convsg
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  • Page 13 Advertisements
    • 139 13 ERNST YOUNG ENTREPRENEUR OF THE YEAR* 10,000 Nominations, I,oooFinalists, 40 Country Winners, 1 World Entrepreneur Of The Year The Ernst Young Entrepreneur Of The Year awards program was created 20 years ago to honor and showcase the accomplishments and success stories of the best entrepreneurs under the sun. We need
      139 words

  • WORLD CUP 2006
    • 643 14  -  By UMA SHANKARI IN A World Cup that has been largely free of surprises and upsets so far, fans of the game will be happy to know that Group E comprising Italy, the Czech Republic, Ghana and the USA is still wide open.
      AFP; AP  -  643 words
    • 740 14  -  By WALTON MORAIS 'AFRICAN football's true potential has yet to flower. But when Ghana meets the •United States tonight, its promise will be vividly on display. After a subdued, if not sub-par performance in their opening match against former world
      740 words
    • 242 14 Reuters [STUTTGART] When the official World Cup ball was launched amid great fanfare by adidas, much was made of its name Teamgeist, German for team spirit. Halfway through the finals, however, some of the world's leading goalkeepers are not convinced their
      Reuters  -  242 words
  • Page 14 Advertisements
    • 922 14 Organised by The Business Times and Philips, it brings together 32 executives who have teamed up to help raise funds for Food from the Heart. Each executive has been assigned a team. And for every match the team plays, the executive will donate $1,000. f" i#c jfahi M The Czech
      922 words

  • MALAYSIA/INDONESIA
    • 490 15  -  Umno veteran says Mr Abdullah's ministers are 'apple polishers' By S JAYASANKARAN in Kuala Lumpur CRACKS in the United Malays National Organisation (Umno) began showing yesterday after a senior Umno official from southern Negri Sembilan state criticised Prime Minister Abdullah Badawi's handling of
      AFP  -  490 words
    • 140 15 Reuters [KUALA LUMPUR] Malaysia's Boustead Holdings Bhd said yesterday it plans to set up and sell shares in an Islamic Real Estate Investment Trust (Reit) worth around RMS7O million (Ss24B million). The plan involves the plantation group, along with some of its subsidiaries, to
      Reuters  -  140 words
    • 335 15 Bloomberg [JAKARTA] PT Perusahaan Listrik Negara, Indonesia's state electricity company, said it may start awarding contracts to build US$7.6 billion of coal-fired power stations as early as September providing the government decides to waive a requirement for open bidding on the deals. Indonesian
      Bloomberg  -  335 words
    • BRIEFLY ASIA
      • 75 15 Reuters [SEOUL] South Korea's top mobile carrier SK Telecom is buying up to US$l billion worth of China Unicom Ltd's bonds for a 6.67 per cent stake in China's No 2 mobile operator and a foothold in the world's biggest mobile market. SK Telecom is
        Reuters  -  75 words
      • 62 15 AP [CHANGSHA, China] China's steel mills have agreed to a 19 per cent price increase for iron ore, yielding after extended negotiations with the world's three biggest mining companies, the government said. The country's biggest steelmaker, Baosteel Group, reached the agreement on Tuesday
        AP  -  62 words
      • 43 15 Reuters [MOSCOW] Russia's state firm Rosneft said on Tuesday it had agreed with Chha's Sinopec it could acquire 51 per cent in TNK-BP's mid-sized oil unit Udmuurtneft which was earlier fully bought by the Chinese firm. —Reuters
        Reuters  -  43 words
      • 59 15 Reuters [BEIJING] Chinese leaders are gearing up for a key meeting that will chart the course for banking reforms needed to cope with greater foreign competition that will follow wider market opening in December. The preparations coincide with media reports that foreign banks in
        Reuters  -  59 words
      • 70 15 AP [SHANGHAI] Students at a Chinese university set fires and smashed equipment in a protest over power cuts during World Cup games, media reports and a school administrator said yesterday, in China's second case of campus unrest in recent days. The protests broke out
        AP  -  70 words
    • 475 15 [SINGAPORE] Malaysia's largest phone company, Telekom Malaysia Bhd, on Tuesday said it is confident its Sri Lankan unit, Dialog Telekom Ltd, will be awarded a 3G licence from the country's authorities soon, according to a report in Malaysia's Business Times. Dialog's application for
      475 words
  • Page 15 Advertisements
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  • GREATER CHINA/INDIA
    • 443 16 Reuters (MUMBAI] Two Indian companies have decided to pull their initial public offerings after a stock market slide soured demand, banking sources and a company official said yesterday, jolting other issues in the pipeline. Textiles firm Vigneshwara Exports Ltd, which barely managed
      Reuters; AFP  -  443 words
    • 2395 16 VOL General Corp .0.55 unch 106 Jun 21 RM C000) Genting 13.30 0.50 519 George Kent :...0.50 0.03 213 ASM Realty 1.35 unch 0 GHL Systems .0-22 'o.03 6558 Abnc 0.39 0.04 1443 Gtobetromcs Tedi .a31 0.01 325 ACP Industries 0.88 0 04 298 GlomacBhd 1.17 unch 79
      2,395 words
    • 197 16 Bloomberg [BANGALORE] India's Aditya Birla Group on Tuesday said it completed the purchase of the Tata Group's stake in the South Asian nation's fifth-biggest mobile phone operator for almost US$l billion. The Aditya Birla Group paid 44.1 billion rupees (Ssl.s
      Bloomberg  -  197 words
    • 610 16  -  By SIDDHARTH SRIVASTAVA in New Delhi INDIAN civil aviation's biggest takeover deal appears to be facing hurdles. Investment bankers have said that the proposed acquisition of Air Sahara by Jet Airways for 23 billion rupees (***** million) may not happen at, all. A
      AFP  -  610 words
    • 485 16 Case linked to Beijing vicemayor's ouster over Olympic projects AFP [BEIJING] One of Beijing's most powerful businessmen has been detained over a corruption scandal involving a sacked vicemayor who oversaw 2008 Olympic construction work, his company's spokesman said yesterday. Liu Xiaoguang, chairman of
      AFP  -  485 words
    • 268 16 AP [NEW DELHI] India will likely attract US$l2 billion in foreign direct investment this year with growing interest among companies from Japan, South Korea and Taiwan, a government official said on Tuesday. India received nearly US$B billion in foreign direct investment
      AP  -  268 words

  • ASIA-PACIFIC/WORLD
    • 546 17  -  Their combined wealth totals US$33.3t, double that in 1995 By NEIL BEHRMANN in London BOOMING equity and property markets have boosted the number of US dollar millionaires in the world to 8.7 million, holding financial assets worth U5533.3 trillion, double the level of
      546 words
    • 261 17 Reuters [NEW YORK] Acquisitions of companies in the US by foreign-based firms have reached their highest level since 2000, according to research firm Dealogic. Announced cross-bor-der M&A inflow into the US has reached US$llB.2 billion so far in 2006, the highest
      Reuters  -  261 words
    • 470 17 AP [LAS VEGAS] Fuelled by new casinos in Macau, gambling revenue will grow the fastest in the Asia-Pacif-ic region, at 14 per cent annually to 2010, a new estimate by PricewaterhouseCoopers shows. By contrast, global revenue from gambling is expected to climb 8.8
      AP; BLOOMBERG  -  470 words
    • 253 17 Reuters [TOKYO] Japan's top government spokesman yesterday took a tougher stance on Bank of Japan governor Toshihiko Fukui, under fire for what some see as ethical lapses over his private investments, saying the governor needed to make efforts to regain public confidence. Chief Cabinet Secretary
      Reuters  -  253 words
    • 747 17  -  ASIA INSIGHT Conservatives are out to get Koizumi supporters and his reforms' beneficiaries ANTHONY ROWLEY Tokyo Correspondent ONE by one, various people who have been associated in one way or another with Japanese Prime Minister Junichiro Koizumi's reforms or "revolution" are coming to
      747 words
    • WORLD WATCH
      • 89 17 Reuters [YANGON] South-east Asian health ministers gathered in Myanmar yesterday to better coordinate their fight against bird flu and other pandemic threats. "These public health emergencies are beyond the capability of affected countries to cope with single handedly," Lieutenant-General Thein Sein said in opening
        Reuters  -  89 words
      • 100 17 Reuters [AMSTERDAM] Philips Electronics will float or sell its chip business this year, keeping a minority stake in the business it hopes will merge with another chipmaker later. The Dutch company has decided to sell the majority to financial investors, either privately or in an
        Reuters  -  100 words
      • 103 17 AFP [PARIS] The pan-European stock market operator Euronext yesterday spurned the latest merger offer from Deutsche Boerse, with a spokeswoman saying it contained "no new element". Late on Monday, the operator of the Frankfurt stock exchange had signalled it was prepared to make important concessions to
        AFP  -  103 words
      • 108 17 Reuters [NEW YORK] Euronext-listed companies would not be forced to comply with US securities rules if the exchange merged with the New York Stock Exchange, a US Securities and Exchange Commission member said on Tuesday. Commissioner Annette Nazareth's statement was the clearest articulation so
        Reuters  -  108 words
      • 106 17 Bloomberg [MUNICH] Bayer AG won its 17 billion euro (5534.2 billion) takeover bid for Schering AG after gaining control of 88 per cent of shares in the world's largest maker of birth-control pills. Bayer needed to attain 75 per cent in Schering as the
        Bloomberg  -  106 words
  • Page 17 Advertisements
    • 223 17 JLTm J TStiarc-r OE British Virgin Islands Islands 'Bahamas Mauritius Hongkong 111 ~-"~-^HSaiwaa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection estate I planning. For further information and immediate service please contact: Angela Nicolson or Marie Lim OFFSHORE
      223 words

  • Page 18 Advertisements
    • 27 18 II I I tHp is is^ Ves i as aa vu^l Iwifujf iifl- -fcWfc Newspaper Subscription 6388 3838 Online www.straitstimes.com.sg Mobile News on all WAP-enabled mobile phones
      27 words

  • AVIATION
    • 559 19  -  New China-Europe flight path cuts an average 30 minutes off flying time By GEORGE JOSEPH [SINGAPORE] For the aviation industry especially, saving fuel is crucial to the bottom line, even if it's achieved by shaving just 30 minutes off flying time.
      559 words
    • 202 19 AP [BRUSSELS] Three airlines based in developing nations were banned on Tuesday from landing in the European Union and restrictions were imposed on a fourth, as the European Commission expanded its airlines blacklist. The EU-wide list, created in March, is part of a
      AP  -  202 words
    • 211 19 Bloomberg [SINGAPORE] Tiger Airways Pte, the low-fare carrier owned by Singapore Airlines Ltd, said it named Evelyn Tan as its new chief financial officer, effective June 15. Ms Tan, who formerly oversaw Malaysia, Thailand, Mexico and China as finance director of electronics maker Celestica Inc,
      Bloomberg  -  211 words
    • 420 19 Bloomberg [SYDNEY] Qantas Airways Ltd, Australia's biggest airline, said second-half pretax profit will slump about 55 per cent because of record fuel prices and charges to fire workers. Its shares had their biggest fall in three years. Profit before tax will be about
      Bloomberg  -  420 words
    • 190 19 AFP [PARIS] French Prime Minister Dominique de Villepin said yesterday there were "urgent decisions to be taken" on the troubled European aerospace group FADS in which the French state is a major shareholder. He also said in parliament that his government was determined
      AFP  -  190 words
    • 498 19 [JAKARTA] A number of options are still being explored to keep Indonesia's two state-owned airlines afloat, including using proceeds raised from the securitisation of the government's shares in various companies to set up a special bailout fund, says a report in The
      498 words
    • 955 19 qtt man ita mar m> Abti Dhabi ***** 1135 ***** 1300 lfr 0 I 255 TOTS ffljfil? 55 5 wis 411 mM a* -sji 5?WT?015 flfc 0 Y«tt ri$«3 9«? BBaD VIHW 8% i,n i,Ti j H oil! Hi ■E l QIro ***** 0735 ***** 2335
      955 words
  • Page 19 Miscellaneous
    • 186 19 CRYPTIC CROSSWORD DOWN 1 Serving up beer and gin cock- right? (6) YESTERDAY'S SOLUTION 14 The right response (8) Across: 7 Lawnmower, 8 Ancles, 2 Boilonrange, say in this. (8) 15 Cut cost-on a shoestring (8) 10 Instance, 11 Top-ups, 12 Epee, 3 Wind tears up almost every- 1 g
      186 words

  • SHIPPING
    • 628 20  -  11 of 16 countries involved have ratified the Recaap agreement By DONALD URQUHART [SINGAPORE] The region's anti-piracy initiative bringing together 16 countries from the greater Asian region has jumped a major hurdle allowing it to enter into force on Sept 4 following recent
      FILE PHOTO  -  628 words
    • 272 20 Guidance on 5-year deal at 10-15 bps over mid-swaps Reuters [HONG KONG] PSA International, operator of the world's busiest container port, has set an indicative yield range for its global bond issue, which is expected to be US$l billion in size.
      Reuters  -  272 words
    • 272 20 SGX *000 Jill S$ W- Vol CH Offshore 0.33 unch 71 ChuanHup .0.32 0.01 1435 Cosco Corporation 123 0.02 2041 CWT Distribution 1.12 0.04 43 Ezra Hldgs 1.92 0.05 413 Freight Unto 0.06 -0.01 32 Grand Banks Yacht 0.88 unch 0 Java Holdings 129 -0.01 637 K1 Venture
      272 words
    • 728 20 Bloomberg [SEOUL] South Korea's seven shipbuilders, makers of 38 per cent of vessels delivered globally in 2005, said they may raise prices to take advantage of record orders and protect their profits from increasing steel costs. Carriers of containers, oil and minerals
      Bloomberg; BLOOMBERG  -  728 words
    • 235 20 Reuters [SINGAPORE] Bad weather and port maintenance last week slowed shipments and caused a backlog of vessels to build up at the world's biggest coal export terminal, Australia's Newcastle port authority said on Tuesday. The terminal shipped a total of 1.259 million
      Reuters  -  235 words
    • PORT SHOTS
      • 61 20 Bloomberg [HONG KONG] Cosco Pacific Ltd will sell almost 60 per cent of the marine containers used in its container-leasing business for U*****.4 million. The containers, which amount to a total of about 600,468 TEUs, will be sold to a "special-purpose entity" to be
        Bloomberg  -  61 words
      • 73 20 Bloomberg [LONDON] Frontline Ltd, the world's biggest oil tanker owner by capacity, says a ship it operates is still afloat and watertight following an explosion in the South China Sea on Monday. The Front Sunda was boarded at 6.30 am local time on Tuesday,
        Bloomberg  -  73 words
      • 105 20 Bloomberg [RIO DE JANEIRO] Petroleo Brasileiro SA, Brazil's state-controlled oil company, has acquired 16 oil, fuel and gas tankers for US$l.27 billion that will be built by local shipyards. The company bought five Aframax ships for US$ 517 million from Rio Naval shipyard group
        Bloomberg  -  105 words
  • Page 20 Advertisements
    • 689 20 JURONG TOWN CORPORATION ("JTC") JTC Summit, 8 Jurong Town Hall Road. Singapore *****4 NOTICE is hereby given that the below mentioned JTC unsecured note certificate ("Note Certificate") issued pursuant to the JTC Act (Chapter 150) of Singapore has been repotted as lost/misplaced and the registered noteholder has applied to JTC
      689 words

  • LOGISTICS
    • 544 21  -  It appoints life sciences veteran to lead push into market seen growing at 20% a year By YEN SREENIVASAN [SINGAPORE] Express and logistics giant TNT is positioning itself to capitalise on expected 20 per cent annual growth in Asia's clinical trial
      544 words
    • 418 21 Bloomberg [WASHINGTON] FedEx Corp, the No 2 US package shipping company, said fourth-quarter profit rose 27 per cent as global economic expansion fuelled demand for deliveries. Net income in the quarter ended May 31 increased to US$56B million, or US$l.B2 a share,
      Bloomberg  -  418 words
    • 169 21 Reuters [TOKYO] Japan Post plans to invest some US$l.6 billion to strengthen its mail operations before it is gradually privatised from next year, intensifying competition with parcel delivery firm Yamato Holdings Co. The national postal service, which still has a monopoly on mail
      Reuters  -  169 words
  • Page 21 Advertisements
    • 139 21 £XEL st//>/vrc/M//v (FIOS/il FO/?l>V4/?0//V<? ■A si* V- •> I* 0 ft m i'• -v- r *•> ti v > "f, »VV>, vf 4 i m- w. i|, at.- 3£. 4L -<& S H ft \j f \jy\j\J vrtixi yi 3 PI iw ji» w MHMMworldwi de. FROM TRANSPORT AND SUPPLY
      139 words

  • EDITORIAL & OPINION
    • 526 22 EDITORIAL IT is still too early to say if the uptrend in crude oil prices is over. The supply and demand situation has improved. Global supplies have risen to 85 million barrels per day and inventories are at 20-year highs. Even so, the
      526 words
    • 1151 22  -  De-regulation sets out to destroy monopolies but will create oligopolies in their place By S K CHUA THE news item "China Southern joins Sky Team Alliance" (BT, June 8) set me to reflect and revisit the subject of the future of the airline industry. What
      AFP  -  1,151 words
    • 838 22  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group IF the US Federal Reserve raises interest rates at the end of June, as seems probable, it will likely be criticised for making a fetish of inflation and, in the
      The Washington Post Writers Group  -  838 words
    • 1141 23  -  India and the rest of Asia are mutually dependent in ensuring regional growth and stability By RAHUL SEN THERE is now an increasing recognition that the rapid economic growth in Asia, particularly China and India, and the narrowing of the gap in technology, education
      BLOOMBERG  -  1,141 words
    • 918 23  -  WILLIAM PESEK JR Bloomberg Enough apologising, clarifying and sidestepping Bank of Japan (BOJ) head Toshihiko Fukui should resign. The scandal involving his 10 million yen (S$ 138,543) investment in a fund led by a shareholder activist jailed on insider-trading charges has gone beyond theatre and
      Bloomberg  -  918 words
    • 725 23  -  By SOPHIE HARES Reuters EVEN if a stock market bounce is just around the corner, many investors are going to have to overcome their gut instincts if they want to ride the rebound. Once markets start to slide, raw emotion and adrenaline often
      Reuters  -  725 words

  • Page 23 Advertisements

  • 10551 24 SGX MAINBOARD Transaction date: Jun 21 52-Wk T«l Last Vol Day list Quote GrDiv Mv GrYW Nat MCap High Low Coda Company Sala +7- ("0110) High Lew tuym Sa»ar Cvf WE Swil 4.5 1 5716 1st 5oftware 5c 2.5 2 3 10.1 16 6 3148 STelecom US2c 6.5
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  • 6167 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In SS In USS dy yr dy yr dy Syr Jun2Q Index Change Change Change Change Change Change The World Index Preliminary 957.1 03 -13 Oil -2.9 0.4 13 IEAFE Preliminary 953.6 -Oil -2.0 -0.1 -1.1 02 3J Europe Preliminary
    6,167 words

  • Page 26 Advertisements
    • 1847 26 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination GO PRIDE RDM/ATW/BMN/TLB/NAN SEAFRIEND 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 ASEAN PREMIER DBI/ABU/DOH/BRN/DMM/KWT Destination BEL ANNA DBI/ABU/DOH/BRN/DMM/KWT STX PO TBN INC/BSN ASEAN EXPRESS DBI/ABU/DOH/BRN/DMM/KWT Loads Singapore, E./W. Malaysia, Indonesia Loads E.
      1,847 words
    • 724 26 Wtw WALLENIUS WILHELMSEN LOGISTICS website: http://www.2wglobol.com vesse vot mm sm uc map s*v rai otf TARONGA AMI* 320Hm 6.25* 25/06 20/07 29/07 02/01 07/00 05/00 UMESIS Aft2o 3201 M MM 00/07 30/07 00/00 12/00 10/00 14/00 UMPA AH2I 4201— Mil 15/07 00/00 10/00 22/00 20/00 24/00 Mew York MM (via
      724 words

  • Page 27 Advertisements
    • 1529 27 WAN HAI INTERNATIONAL PTE LTD at NO: m*****000/i VTrA .....r TIL *****588 (14 UHES) FAX:*****163 \AM N WAN HAI I INFn Customer Service/Bookings Mvct Ifew (1800) *****200 V 11 V lIHII llnl bIHbIJ Da 1H:(03)3344K15MX:(03)3M*****F81 1H:(04)72*5400HUL(*****M9V V JOH TH: 107! 2511T0 FAX: (07J251W21 SUi IH: (031) 3W47J M* (03)) 32*2714/
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    • 1180 27 I VESSEL I VOY PKL SIN I KARACHI I DXS l*B NHS PXUW »IK KHOj~| KAN SHAHRYAR PCL 1142 23/06 24/06 (D) 17/07 20/07 21/07 27/07 29/07 31/07 IRAN SATTARI PCL 5139 25/06 (L/KM) 04/07 07/07 04/07 14/07 16/07 11/07 IRAN KIRMAN PCI 47» 23/06(1) 03/07 04/07 10/07 1 a/071
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    • 861 27 m WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS VESSEL VOT SIN PJUANG COLOMBO N. SHEVA COLOMBO KAJIV gandhi 01MW 22 JUH OMU AMU 20UI Q2JJU aar»-|f-a-ts-a-BE jljSijil am mm QW KQTA PflWliA YPWQB7 11 JUL 12 JUL U JUL 19 JUI ?3 )U1 INDHA
      861 words

  • THE BUSINESS TIMES SHIPPING TIMES
    • 6304 28 This ETA ETA Advertiser V««l Voyag* Tetaphon. ITA ETA Advartbar Vessel Voy»»« Tttephom ET SM Dest'n Name Nam* Number Numlwr SIN D«sfn Nam* Nam N—fclr Number sil MIHMMMHNHHHNHHHHMHNKHnNHMMHMMHHHHHNHHMMHHHnMMM a 03/07 02/08 China Shpg DAXIN 183W *****898 15 To ABIDJAN (ABJ) 2003 Cote D'lvoire 06/07
      6,304 words


  • Page 30 Advertisements
    • 84 30 MHIRII *L MP M»,. >&'>2 w*±«mm' I YM ££*!«>*£s»'» >«* Oat* I Company Enhance your corporate image with SPH news reports or features on your company. USij re g ar( j ec as t^e definitive source for incisive business analyses and accurate industry reviews, we could help strengthen your communication
      84 words
    • 1498 30 >ATC NOTICES Toll free. 1800-289-8822 Email: notices@sph.com.sg G/KEN GIKIN SAKATA (S) LIMITED fncorporated In The Repubfc Of Singapore with limited iabity) Company Registration Number *****3879W NOTICE HBOY fiWBI tfwt the Twenty-Sixth Annual General Meeting d Gkan Sakata (S) Urrtted will be held it No. <0 Jaian Peirtmpln #04-05 Tat Am
      1,498 words
    • 451 30 IN THE MATTER OF THE COMPANIES ACT CAP SO AND IN THE MATTER OF OVERON PTE LTD (CMnpaay No. 199M6416Z) NOTICE OF RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP (Pursuant to Section 290) At the Extraordinary General Meeting of the members of the above-named Company, duly convened and held at 2 Tanjong
      451 words

  • PROPERTY
    • 351 31 Shimao Property hopes to raise US$500m from Hong Kong listing Reuters [HONG KONG] China's Shimao Property Holdings Ltd, which is hoping to raise about US$5OO million in a Hong Kong public share offering, said yesterday that it would have to pay US$l
      Reuters  -  351 words
    • 409 31 Bloomberg [KARACHI! Pakistan plans to start real estate investment trusts (Reits) in September, aiming to attract as much as US$3 billion from overseas investors over the next five years, an official at the regulator said. Draft rules for the trusts, which pool funds to
      Bloomberg  -  409 words
    • 809 32  -  The properties next to Naga Court have an expected price tag of about $51m By KALPANA RASHIWALA PROMINENT neighbours in Bukit Timah are teaming up again to sell their freehold properties next to Naga Court, with an expected price tag of
      809 words
    • 378 33  -  50 leasehold units due to be sold at $1,400-$l,800 psf, come July 8 Reports by ARTHUR SIM FAR East Organization will launch apartments at Orchard Scotts for sale at prices near the top end of current market prices. The target launch date
      378 words
    • 174 33 UOL Group will launch its 257-unit Southbank near Lavender MRT station this weekend. The leasehold development comprises a 197-unit block of one, two and three-bedroom units and penthouses that will go for an average price of $600 psf. A second block of 60 single-level and
      174 words
    • 250 33 THE Housing and Development Board (HDB) says that 85 per cent of households that settled into Selective En Bloc Redevelopment Scheme (Sers) replacement flats have expressed "overwhelming support" for the scheme. The survey has been conducted once every two years since 2001 to
      FILE PHOTO  -  250 words
    • 1950 33 PROJECT NAME/ fOP CONTRACT TENURE BUILT-IN/LAND PRICE PSf STREET NAME TTPE DATE ABEA*(SQFT) (SS 000) (Sfl District 01 NON-LANDED People's Park Cpix APT 24/05/2006 99 1119 348 310 The Sail At Marina Bay Apt 25/05/2006 99 592 504 851 TheWaterina
      1,950 words
  • Page 31 Advertisements
    • 154 31 FO t R e S n A d L e E r BY \>V 999-year Tenure <* Land Area: 17 690 sc l ft <T \> .Walking distance Stmon to Kovan MRT station Simon I' Snb l Court I |hHH INVESTMENT: Dillon Loi LLB(Hons) *****204 I FOR SALE BY rstt
      154 words
    • 280 31 IWjSu Debenkom 5 ■5Sa i PRIME BUKIT TIMAH FREEHOLD RESIDENTIAL SITE Total Site Area 4,178.4 sq m stawxM Master Plan 2003 Residential CNMweirt*' at PR 2.1, 24-storey rt Near reputable schools and i Jr social clubs w 5 minutes to Orchard Road and J*ss p*m '*WA Central Business District For
      280 words
    • 284 31 Intense Competition Expected! I Stevens Rd I Orange Grove I H Condo m "o m K 1 5 Shangri-La The Tangling 1 2 O Hotel C,ub O -o o m c£ 5 1e I w "5i Ardmore Park O m American Q m ciub Orchard Rd Orchard MRT FREEHOLD with
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  • Page 32 Advertisements
    • 152 32 n iiw *''"iiij imi distinctly FREEHOLD VJIvJV.IIIOV.IJf. STRATA BUNGALOWS A CLASS OF ITS OWN FOR sale Tucked within one of Singapore's finest residential districts, newly completed Trevose 12 celebrates the design synergy of contemporary architecture with refined simplicity. Perched on high-ground amidst verdant surroundings, the row of 12 pristine bungalows
      152 words

  • Page 33 Advertisements
    • 19 33 RESULTS m Providing the best services in COMMERCIAL INDUSTRIAL RESIDENTIAL INVESTMENT SALES VALUATION RESEARCH CONSULTANCY PROPERTY MANAGEMENT UK RESIDENTIAL
      19 words
    • 138 33 Historical Conservation Buildings I: CEO's luxury bungalows $Bm-s23m Auction AUTOMOBILE MEGAMART, 61 Übi Ave 2 1* sty New Car Showroom Car Accessories Food Court Approx. 2,572 sq ft to 4,359 sq ft •4* sty sth5 th sty Used car lots, Approx. 2,766 sq ft 2,992 sq ft 6 th sty
      138 words

  • Page 34 Advertisements
    • 326 34 fljflHj The one and only branded residences in Singapore ,-fe i_ i K»ACES »B j« r-| H SHANCRILA IB! "J NASSIM 1 NASSIM j MMNHMMMmI SINGAPORE 1 I ORCHARD PALAIS 1 TANGS .*'.'■< BRITISH HIGH GRANGE TANGUN MALL 1 FORUM HILTONI PROPOSED 4 H9 <*> COMMISSION RESIDENCES I HKH I
      326 words