The Business Times, 3 August 2006
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2006-08-03
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The Business Times
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Title Section16 2006-08-03 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial com.sg MICA (P) 099/03/2006 Thursday, August 3,200616 words
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Article, Illustration598 2006-08-03 1 WINSTON CHAI - It will press on with plan for centralised database of all local cellphone numbers By WINSTON CHAI [SINGAPORE] Despite concerns among the three local telcos, the government will go ahead with its plan to implement a system to make it easier andAFP - 598 words
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Article137 2006-08-03 1 STI 2,453.99 (+8.95) ST INDEX FUTURES 2.431.00 (+8.00) siMsa 290.97 (+0.81) SIMSa FUTURES 290.10 (+3.40) MARKETS Wednesday Change KLSECOMP 934.07 -1.97 NIKKEI 225 15,464.29 +23.38 HANG SENG 17,032.75 +121.38 SET INDEX 694.09 +7.12 JAKARTA COMP 1,394.36 +22.67 MANILA COMP 2,308.37 -79.96 SEOUL COMP 1,295.11 +7.75 SHENZHEN B 280.52137 words
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908 2006-08-03 1 WONG WEI KONG - Move will make available an additional structure on which businesses could be organised By WONG WEI KONG [SINGAPORE] A new business structure of limited partnerships, or LPs, will soon be made available in Singapore. LPs are expected to appeal especially to investment funds. The908 words
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Advertisement50 2006-08-03 1 PROPERTY GIC Re buys prime office buildings in Munich PAGE 3 Former oil giant Yukos declared bankrupt PAGE 21 8 BT ONLINE BT print subscribers get free access to the Business Times Online. To activate your account log on to http://business-times.asial .com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838.50 words
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Advertisement29 2006-08-03 1 ANALYSIS Time for a less Eurocentric IMF PAGE 25 H STOCK FOCUS SP Chemicals: laggard with good track record PAGE 9 yHi^Ki 1 1 AJWlW^i—^———^^—^^bbmiib JAGUAR .^Mfll\ ■n oo29 words
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TOP STORIES
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431 2006-08-03 2 LESLIE YEE - More people taking out loans for investment property: Citibank By LESLIE YEE [SINGAPORE] Borrowers should brace themselves for further increases in home loan rates, given the way interbank and deposit rates have moved up over the past few months. "It is quite possible431 words
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Article605 2006-08-03 2 GIC buys Munich offices for over 300 m euros THE Government of Singapore Investment Corporation's real estate investment arm, GIC RE, has bought two prime office buildings in Munich, Germany, for more than 300 million euros (Ss6o9 million). The buildings are part of an office campus development called605 words
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Article, Illustration554 2006-08-03 2 ANNA TEO - PMI fell towards 50-point threshold in July By ANNA TEO [SINGAPORE] The first signs of slowing external demand seem to have hit home, sending the July purchasing managers' index back down towards the 50point threshold. On the bright side, the electronics PMI just aboutAFP - 554 words
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Article61 2006-08-03 2 IN the report "s9o2m in CPF money used to pay private home loans" (BT, Aug 2), the director of research and consultancy at Colliers International, Tay Huey Ying, was quoted incorrectly. What Ms Tay actually said was, "If pay rises with interest rates, afTordability may not be affected, assuming61 words
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Article, Illustration321 2006-08-03 3 ARTHUR SIM - The two prime buildings, leased out for the long term, will bring in stable rental income By ARTHUR SIM [SINGAPORE] The Government of Singapore Investment Corporation's real estate investment arm, GIC RE, has bought two prime office buildings in Munich, Germany, for321 words
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487 2006-08-03 3 ARTHUR SIM - Consultants say sale could set new benchmark price By ARTHUR SIM [SINGAPORE] The first residential development at Marina South will go on sale soon, making it possible to actually "live, work and play" there. The development's general manager David Martin said487 words
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Advertisement107 2006-08-03 2 people Call us. www.thepeopleatwork.com Asia-Pacific Executive Search How to own for free a plot of land in UK valued at Ss6o,ooo* Visit AsiaPropertyShow2oo6 Singapore's most prestigious property event and stand a chance to win this coveted plot of land (Kindly donated by UK land bankers Sinclair Deville Ltd Listen to107 words
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Advertisement23 2006-08-03 2 Releasing your financial results? Call 1800 289 8822 or email notices@sph.eom.sg to book your financial results in our newspapers now. MATaW NOTICES f23 words
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Advertisement185 2006-08-03 3 ofMinton relaunched flvlv jßh f^EferSHl BB? S; Byf .j^ggga -fr fIHHHHHHHBr JF c^ittiflHHHiHHlllj^^^^^lHjllHHHHHHHHHMllilllKHH^HHHHHHHSiiilil^^ Choose a global name for your FX trading. The Singapore office of IG Markets is part of IG Group, aUK FTSE 250 company. With over )AA IT 1 1 O 30 years 7 experience and tens of185 words
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COMPANY NEWS
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Article, Illustration419 2006-08-03 4 CONRAD TAN - Director pleads guilty to signing fake orders to help perpetuate scam By CONRAD TAN ANOTHER person is to be sentenced for his role in a massive fraud scandal involving the mobile phone repair group formerly known as Accord Customer Care Solutions (ACCS) that hasST - 419 words
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Article668 2006-08-03 4 MATTHEW PHAN - HOCK LOCK SIEW By MATTHEW PHAN AT FIRST glance, United Test Assembly Centre (Utac) looks like a great buy. Its stock price has corrected by over 30 per cent to 69 cents from a high of $1.07 in late April and it recently reported a more668 words
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Article5700 2006-08-03 4 UNIT TRUSTS FUNDS ACMGI Amer Income BT USD 8.48/ ACMGI Amef Income A USD 8.47/ ACMGI Amer Income B USD 8.47/ AM Amro Asset Mgt (S pore) ACMGI Amef Income A EUR 6.61/ Star Europe Eqty! 0.931/ ACMGI Amer Income B EUR ...661/ Star Europe Bond .1.18/ ACMGI Europ Income5,700 words
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507 2006-08-03 6 LESLIE YEE - Revenue rises 25% to $162.9 million; increase largely due to property development By LESLIE YEE UOL Group posted a 68 per cent jump in net profit to $54.9 million in the second quarter ended June, up from $32.6 million a year ago. For507 words
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Article, Illustration492 2006-08-03 6 OH BOON PING - By OH BOON PING HELPED by higher gross margins and a lower effective tax rate, Datacraft Asia reported an 85 per cent jump in its third-quarter net income to US$5.3 million, even though revenue dipped 6 per cent. Sales in the three months492 words
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421 2006-08-03 6 JEAN CHUA - Fabchem owners extend talks with unnamed party By JEAN CHUA CONTROLLING shareholders of Zhongguo Powerplus, like those of Fabchem China, are now also in exclusive talks for stake deals. The two China-based companies, which are headed by substantial shareholder Lim Seek Yeow, issued separate421 words
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332 2006-08-03 6 MATTHEW PHAN - By MATTHEW PHAN STEEL coil maker Delong Holdings has reported a 10.9 per cent drop in sec-ond-quarter net profit fall to $46.1 million, despite an 11.8 per cent rise in revenue rise to $265.8 million. The company blamed lower margins332 words
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COMPANY BRIEFS
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Article35 2006-08-03 6 STRACO Corporation reported a 13 per cent drop in Q2 net profit to $0.92 million, due to higher operating and administrative expenses. Its Q2 revenue remained unchanged at $4.7 million.35 words
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43 2006-08-03 6 TAT Seng's HI 2006 profit dived some 40 per cent to $0.87 million, despite a 25.7 per cent increase in revenue to $24.4 million. It attributed the lower profit to serious market competition and foreign-exchange impact.43 words
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52 2006-08-03 6 EZRA Holdings, a solutions provider in the offshore oil gas industry, said subsidiary Lewek Shipping Pte Ltd has awarded a US$8.85 million contract to Shipbuilding Offshore Ltd to build its second accommodation work crane barge. The barge is scheduled to be delivered in52 words
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Article34 2006-08-03 6 HWA Hong reported a 10.7 per cent increase in its Q2 net profit to $10.3 million, even though revenue declined by nearly 40 per cent to $15.3 million.34 words
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48 2006-08-03 6 MIDAS Holdings said its China aluminium alloy division got 50 per cent tax relief for another three years from FY2007 to FY2009. The savings are expected to have a positive impact on the group's financials for the next three financial years.48 words
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58 2006-08-03 6 CHINA Fashion Holdings said its unit, Yiwu Nengdali Garments Co Ltd, has entered into a master purchase agreement with Shanghai Lotus Supermarket Chain Store Co Ltd to sell its "Nengdali" brand merchandise in Shanghai Lotus chain stores. The transaction is expected to have a58 words
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56 2006-08-03 6 CAPITALAND, through its unit Capita Land (Office) Investments Pte Ltd, is selling its entire stake of 35.37 per cent in DL Properties, which owns the 28-storey Equity Plaza in Raffles Place. The stake will be sold to Equity (CP) Pte Ltd and56 words
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39 2006-08-03 6 AIROCEAN Group Ltd yesterday warned that its results for the first quarter ended June 30,2006, are expected to register a "significant exceptional loss, resulting solely from the write-down of goodwill on consolidation".39 words
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367 2006-08-03 6 KRITI SINGH - By KRITI SINGH IN A strategic shift of focus, Autron Corporation is selling its North Asia and India equipment distribution business for US$6O million. Autron, which is listed both in Singapore and Australia, is a total solutions provider of assembly367 words
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408 2006-08-03 8 SIOW LI SEN - Subscriber base in S'pore drops 2.4% but its regional base grows 30% By SIOW LI SEN SINGAPORE Telecommunications' mobile subscriber base in Singapore has fallen 2.4 per cent to 1.62 million in the June quarter from the previous period. In what has become a408 words
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327 2006-08-03 8 GLOBE Telecom, the second-big-gest mobile phone company in the Philippines, said yesterday it is likely to beat last year's core earnings of 8.6 billion pesos (*****.5 million) on the back of higher revenues. "We are well on track to beat last year's327 words
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369 2006-08-03 8 MICHELLE QUAH - By MICHELLE QUAH TROUBLED Informatics Education, previously known as Informatics Holdings, cut its first-quarter net loss 29 per cent to $2.8 million in the three months ended June 30, from $3.9 million a year earlier. This marks the fifth narrowing of losses in369 words
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246 2006-08-03 8 NANDE KHIN - By NANDE KHIN EXCELPOINT Technology reversed its loss of $0.42 million in the second quarter of last year to post a net profit of $1.8 million this time around, as its 2Q06 revenue rose 16.8 per cent year-on-year to $182 million. This lifted246 words
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Article286 2006-08-03 8 JEAN CHUA - By JEAN CHUA SGX-LISTED China Motion Telecom International is raising HK54.725 million (*****,000) to add to its working capital by placing 25 million new shares at 18.9 HK cents each. The shares will be placed with "not less than six" institutional, professional or individual investors.286 words
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Advertisement28 2006-08-03 4 AllianzGl RCM Global Twin-Focus Fund a fund that offers you twin benefits Allianz (ill) of potential quarterly payouts and limits possible downside. Visit OCBC Bank for Gjoba| nvestor^^28 words
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Advertisement115 2006-08-03 5 People will stare. r itot rf^^/ ii .I. i,. O v ,^^SH Jaws will drop. Get used to it THE ALL-NEW VOLVO C7O. THE WAIT IS OVER. TEST-DRIVE IT NOW. THE DRIVE IS AS BEAUTIFUL AS ITS LOOKS. ENGINEERED IN COLLABORATION WITH RENOWNED ITALIAN AUTOMOBILE SPECIALIST PININFARINA, AND INNOVATIVELY DESIGNED115 words
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Advertisement322 2006-08-03 6 m 2006 ANNUAL MEETINGS OF THE BOARDS OF GOVERNORS OF THE INTERNATIONAL MONETARY FUND THE WORLD BANK GROUP PROGRAM OF SEMINARS 16- 18SEP 2006, PAN PACIFIC HOTEL&SUNTECSINGAPORE This September, join global decisions makers in discussions on the growth and investment opportunities of the world's most dynamic economies. Take part in322 words
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Advertisement129 2006-08-03 7 WE GO FURTHER TO CREATE THE WORLD'S FINEST HOMES OUTSTANDING BY DESIGN Singapore Institute of Architects (SIA) Architectural Design Awards 2006 SC Global Developments wins 3 out of the 5 SIA awards in its category. This achievement adds to previous accolades including the Royal Institute of British Architects Worldwide Award129 words
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Advertisement181 2006-08-03 8 H artfordlnstitute A quality institute of RaffleSEdUCatiOnCor/7 •iRH ■«s|§gl lg <s <$ks: 4 < A I oversee 3 continents, Everyday I deal with thousands, sometimes millions of 20 markets and over 200 dollars. From my desk, I see everything and my products. Ifs never about the presence is everywhere. Everything181 words
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STOCK FOCUS
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Article, Illustration983 2006-08-03 9 WONG WEI KONG - China-linked counter SP Chemicals lacks speculative froth but that means access to the stock is at a low PE, writes WONG WEI KONG WONG WEI KONG SP CHEMICALS is something of an enigma among China-linked plays on the Singapore Exchange. Its fundamental performance hasSamsfllMriMg - 983 words
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Advertisement4 2006-08-03 9 mmsß^^^^nnußEßßUi ■:/»I«M»Iii&iiIHIIMMMBM^W^M!^^MMM^BMMM^BWMH«wpMM^M»^gWaj^WMBW|»f y nZiPi&SI9HIIHHHA^^^^H^^H^^^HII4 words
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SINGAPORE MARKETS
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Article, Illustration512 2006-08-03 10 TEH HOOI LING - STOCKS Stocks of Keppel Corp and rival SembCorp Marine both leap after the latter posts strong Q2 earnings TEH HOOI LING Senior Correspondent BETTER-than-expec-ted earnings results overshadowed the spillover weakness from Wall Street, leaving the Singapore bourse in positive territory yesterday. On a day whenSource: Bloomberg - 512 words
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Article, Illustration1026 2006-08-03 10 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Aug 2 and earlier) Subsantial No of Price SHAREHOLDING Trans Shareholder/ BuyI Shares Per Before After Stock Date Director Sell '000 Shr S COOP) (000) Interra Resources 1-Aug-06 Attica Finance Ltd *ST ***** na ***** 7.41 ***** 14.95 Interra Resources 1-Aug-061,026 words
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Article, Illustration957 2006-08-03 10 UMA SHANKARI - Compiled by UMA SHANKARI Singapore Banks CREDIT SUISSE, Aug 1 DBS Group, Aug 2 dose: $18.20; United Overseas Bank, Aug 2 dose: $15.60; OCBC Bank, Aug 2 dose: $635 SINGAPORE banking system loans have convincingly turned the tide with a 3.8 per cent quarter-on-quarter growth (5.7 per centSource: Bloomberg - 957 words
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Article, Illustration524 2006-08-03 10 CURRENCIES Reuters [TOKYO] The dollar fell to a onemonth low against a basket of major currencies yesterday as investors bet that the Federal Reserve will pause its two-year campaign of interest rate rises at a policy-setting meeting next week. Data showing robustReuters; FILE PHOTO - 524 words
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SINGAPORE INTERNATIONAL
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Article1464 2006-08-03 11 OH BOON PING - Local firms should capitalise on Europe's high regard for S'pore suppliers and engage automotive firms in alliances, says OH BOON PING OH BOON PING WHILE China may be the world's production plant, opportunities still abound for Singapore precision engineering firms especially in the automotive industry in1,464 words
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371 2006-08-03 11 FOR Univac Precision Engineering, the automotive industry in Europe is one with major growth potential. "We see major growth potential in our automotive and medical business segments, particularly from European and US customers," says Univac's vicepresident of marketing and business development Derrick371 words
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Article, Illustration504 2006-08-03 11 DESPITE the low-cost competition from overseas, quality is still key in the manufacturing sector, said Wearnes Precision, a subsidiary of WBL Corporation. The company should know, having successfully forged a tie-up with Bosch Germany to produce aluminium precision die cast parts for Bosch Automotive504 words
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Advertisement80 2006-08-03 11 I I I WM B I B—uMiiii ui mini ji. m Singapore- Your Highway The two-day event wiflcomprise a fuH-day conference, industry trends. The second day be one-to-one business IF f hM To the pre-qualified business matching for WmgOiQiiirCNerat 65 10 Yj 7- 8 September 2006 buyers and suppliers, you80 words
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Advertisement29 2006-08-03 11 13 ENTERPRISE THE BUSINESS TIMES StNGAPORE Singapore to you by E Sbgtpan md Tl» Bwinai Tinas. K Stoppage is in apmcy undartfw Mnfefcy of Trad> and Indutfiy helping Singapore29 words
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SINGAPORE NEWS
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Article, Illustration558 2006-08-03 12 It has to match Genting's trump card in Universal Studios: analysts Bloomberg HARRAH'S Entertainment Inc, which is in the competition to build Singapore's second casino resort, needs a strong entertainment partner to rival Genting Bhd's Universal Studios, analysts say. Harrah's, theBloomberg; AP - 558 words
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264 2006-08-03 12 WEE LI-EN - By WEE LI-EN THE Corrupt Practices Investigation Bureau (CPIB) hosted its first anti-corruption expertise workshop yesterday for representatives from 23 countries. Head of civil service Peter Ho said that the objectives of the workshop are to further enforcement and investigation capabilities and facilitate cooperation among264 words
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Article, Illustration429 2006-08-03 13 MELISSA LWEE - It will also introduce special services for premium passengers By MELISSA LWEE TAN AH Merah Ferry Terminal is going up-market, with special services to entice more premium passengers being introduced as part of a $3 million upgrade. The terminal, which is mainlyFILE PHOTO - 429 words
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248 2006-08-03 13 THE Media Development Authority of Singapore (MDA) is calling for proposals on online-content projects under the Synthesis funding scheme. Launched in August last year, Synthesis is an MDA scheme that supports webbased innovative and creative digital productions by offering funding of up to248 words
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340 2006-08-03 13 THE employment picture is good and the job market robust and buoyant, says Manpower Minister Ng Eng Hen. Commenting on recently released employment figures for the second quarter, he said that an unemployment range of 2.5 per cent to 4 per cent would340 words
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Article193 2006-08-03 13 THE Singapore Tourism Board yesterday announced three new categories for Tourism Awards 2006. The categories Top 10 Best Family Experiences, Best Tourism Hosts (nightspots) and the Uniquely Singapore award take the number of awards to 28, of which 22 are open for public nomination.193 words
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Article, Illustration239 2006-08-03 13 DEAN of NUS Law school Tan Cheng Har\ is the second senior counsel to be appointed to the bench of the Subordinate Courts as Specialist Judge. Judge Tan Chee Meng, appointed in July, was the first. Under the Specialist Judge scheme, introduced this year,239 words
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300 2006-08-03 13 A WORKPLACE bonding program that is both meaningful and socially aware that's how the National Youth Council (NYC) is pitching its Youth Expedition Project (Yep) to companies here. Yep was launched in 2000 to enable young people to contribute to community service projects300 words
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340 2006-08-03 13 WEE LI-EN - BY WEE LI-EN THE search is on for local talent to perform at a charity concert organised by The Business Times and The Straits Times. The charity concert Child Aid, held for the first time last year, will return featuring three young musicians340 words
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Advertisement22 2006-08-03 12 m Holding an auction? Call 1800 289 8822 or email notices@sph.com.sg to book your auction notice in our newspapers now. NOTICES I22 words
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Advertisement1462 2006-08-03 13 N KHONG GUAN FLOUR MILLING LIMITED (Company Regn. No. *****0096G) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting o< KHONG GUAN FLOUR MILLING LIMITED will be held at its registered office at 2 MacTaggart Road (Level 3), Singapore1,462 words
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ECONOMY WATCH
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Article, Illustration591 2006-08-03 14 Top planning agency urges tighter bank credit, curbs on building AP [BEIJING] Officials were meeting yesterday to look at new steps to cool off China's sizzling economy as its top planning agency called for tighter bank credit and curbs on construction,AP - 591 words
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Article2313 2006-08-03 14 VOL General Corp 0.63 0.01 112 «M *1- C000) Genting 34.80 -0.45 859 George Kent .0.50 unch 27 A ft M Realty 1.50 unch 13 GHL Systems 022 unch 463 Abric 0.33 unch 15 Globetronics Tech 0.30 -0.01 410 ACP Industries 0.84 -0.03 62 GlomacBhd 1.19 unch 442,313 words
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467 2006-08-03 14 ANTHONY ROWLEY - By ANTHONY ROWLEY in Tokyo WITHIN the space of a week, a third member of the Bank of Japan Policy Board yesterday suggested that interest rates in Japan could rise faster than financial markets expect. There was little immediate market reaction to467 words
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711 2006-08-03 14 IHT [FRANKFURT] Already vexed by high oil prices, the European Central Bank (ECB) is preparing to raise interest rates today as it is starting to worry that expectations of more pervasive inflation will become a self-fulfilling prophecy. Over the pastIHT - 711 words
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225 2006-08-03 14 AP [TOKYO] Japan's trade minister will propose forming a 16-nation East Asian free trade zone covering half of the world's population and a quarter of its gross domestic product (GDP) at an upcoming regional forum, an official said on Tuesday.AP - 225 words
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MALAYSIA
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Article, Illustration465 2006-08-03 15 S JAYASANKARAN - But M'sia's tightly regulated property market may obstruct plans By S JAYASANKARAN in Kuala Lumpur AFTER much ballyhoo about real estate investment trusts (Reits) in Malaysia a year ago, three of the four listed on the Kuala Lumpur stock exchange continue toMP - 465 words
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132 2006-08-03 15 Bloomberg [KUALA LUMPUR] Malaysia has approved the construction of a bridge and a monorail project in northern Penang state, Prime Minister Abdullah Ahmad Badawi said. The Cabinet approved the two projects, which will be privately funded, at its meeting yesterday, Mr Abdullah said inBloomberg - 132 words
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Article551 2006-08-03 15 PAULINE NG - 28 out of 51 share sale submissions blocked in H1 By PAULINE NG in Kuala Lumpur MORE initial public offerings (IPOs) were rejected than approved in the first six months of the year, signalling a tougher stance by Malaysia's capital market regulator to ratchet up551 words
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256 2006-08-03 15 [KUALA LUMPUR] Bursa Malaysia said its chief financial officer Khairussalleh Ramli has tendered his resignation, Malaysia's Business Times reported. The exchange will announce his successor as soon as the candidate is identified, it said in a statement. The tabloid said Bursa did not say why256 words
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BRIEFLY ASIA
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Article46 2006-08-03 15 Reuters [SHANGHAI] Fu Jianhua, chairman of Bank of Shanghai, expects to join bigger domestic rival Shanghai Pudong Development Bank as its president, sources said yesterday. Bank of Shanghai's current president Chen Xin would be promoted to chairman of his institution. —ReutersReuters - 46 words
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73 2006-08-03 15 Reuters [KUALA LUMPUR] Malaysian power firm Ranhill Bhd does not plan to make a U*****.5 million downpayment for a Philippine power plant and is prepared for the asset to be re-auctioned, a source close to the matter said yesterday. "At this point, it's not justifiedReuters - 73 words
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72 2006-08-03 15 Reuters [TAIPEI] United Microelectronics Corp (UMC), the world's No 2 contract maker of microchips, posted a 20-fold jump in quarterly profit, beating expectations, amid growing appetite for consumer gadgets. UMC said yesterday net profit came in at NT56.052 billion (*****.2 million) for theReuters - 72 words
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48 2006-08-03 15 AP [HONG KONG] Casino mogul Stanley Ho's Macau Gaming Co is set to launch a US$l.9 billion initial public offering in Hong Kong after a Macau court declined his sister's request to block the IPO, a newspaper reported yesterday. —APAP - 48 words
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Article, Illustration336 2006-08-03 15 Reuters [KUALA LUMPUR] Dominant phone firm Telekom Malaysia posted slightly higher gains in secondquarter profit yesterday, as its Indonesian unit boosted cellphone revenue, helping to eclipse slowing fixed-line and mobile revenues at home. Telekom, Malaysia's third-largest company by market value, said it had aReuters; REUTERS - 336 words
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Advertisement75 2006-08-03 15 Hhiyiik with.the Sat Hr/Md hyats Singapore jESltStlfiSill Experience classic bar culture at martini bar, mezza9 from 3to 12 August. Experiment new and oid concoctions with Edgar Katzer, Bar Manager of Vox Bar in Grand Hyatt Berlin, Germany, voted "The Best Hotel Bar" in Germany in 2006. FEEL THE HYATT TOUCH®75 words
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GREATER CHINA
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508 2006-08-03 16 China bank to sell placement to top shareholders, including Temasek Reuters [SHANGHAI] China's Minsheng Banking Corp is delaying its search for a new foreign partner and aims to sell most of a planned share placement to its top 10 existing shareholders, industry sourcesReuters - 508 words
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Article275 2006-08-03 16 Reuters [BEIJING] China on Wednesday authorised two banks to invest US$3.5 billion of their clients' money overseas, bringing total approvals so far under a scheme to promote capital outflows to US$B.3 billion. The foreign exchange regulator said it had granted a quota of US$2 billion toReuters - 275 words
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Article, Illustration321 2006-08-03 16 Reuters [SHANGHAI] A planned domestic initial public offering (IPO) by China's Industrial Bank may be delayed until late this year because of difficult market conditions caused by a flood of IPOs, state media reported yesterday. Singapore's GIC Special Investments, ownsReuters; AFP - 321 words
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176 2006-08-03 16 Bloomberg [SHANGHAI] Investors taking control of more than 30 per cent of a China-listed company will no longer have to offer to buy all of its shares, the country's securities regulator said in new takeover rules published Tuesday. Investors can offer to buyBloomberg - 176 words
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153 2006-08-03 16 Bloomberg [SHANGHAI] China's banking supervisor said it uncovered 480 fraud cases at domestic lenders in the first half this year, about 16 per cent fewer than the same period a year ago. Banks also thwarted 242 fraud attempts in the first six months,Bloomberg - 153 words
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Advertisement442 2006-08-03 16 1^ SINGAPORE fllflflj For attaining ISO OHSAS Certification ISO *****:2004 150 9001:2000 ukas ukas pSoJ Cert no 6819 I Cert no: 6819 Cert no: 1030 TES-AMM Singapore is the global corporate headquarters of the TES-AMM Group of our resources to R&D as the cornerstone of our activities. We aim to442 words
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Advertisement28 2006-08-03 17 passionn£ D" exception ACADEMIA TOURBILLON FORCE CONSTANTE WORLD PREMIERE Mechanical Hand-wound Movement Calibre DWBOO3 Cotes de Geneve Decoration Platinum Water Resistant to 30M Limited Series of 25 Pieces28 words
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INDIA
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586 2006-08-03 18 SIDDHARTH SRIVASTAVA - IT, offshoring firms hire over 30,000 expats, thrice the number 2 years ago By SIDDHARTH SRIVASTAVA in New Delhi THE flow of jobs between India and the US and UK is no longer a "one-way street". Infosys Technologies, which recently celebrated its 25th year586 words
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268 2006-08-03 18 [NEW DELHI] India's capital is emerging as the world's capital for e-waste recycling, a hazardous activity taking place without any regulations, says a report in The Times of India, citing a new study. As many as 900 personal computers and 3,500 television sets are268 words
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109 2006-08-03 18 Bloomberg [BANGALORE] Hutchison Telecommunication International Ltd, which is controlled by Hong Kong billionaire Li Ka-Shing, said it will oppose Essar Group's attempt to exit the sale agreement for BPL Mobile's operations in Mumbai. "The termination from Essar is regrettable and groundless," Mickey Shiu,Bloomberg - 109 words
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228 2006-08-03 18 Reuters [NEW DELHI] India's manufacturing sector will need a massive investment of US$l35 billion over the next five years if it is to support economic growth of more than 8 per cent, Commerce and Industry Minister Kamal Nath said yesterday. A panel appointed byReuters - 228 words
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Advertisement336 2006-08-03 18 jhm|hh I|SF jMrl -..^-..A^.'"x..*^^.-• M i^ji^<(Wjii|tiWiii'W Vniiiiwl™'^ jgSU.',A»naKed new f. I id! Releasing your financial results? Call 1800 289 8822 or email notiees@sph.eom.sg to book your financial results in our newspapers now. NOTICES WHATEVER I paperless office a hype or reality? Can handle a paperless or an H *''§*Wi.' office336 words
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Advertisement7314 2006-08-03 19 -I, enterprise ("Joint Venture") to be established in the Peoples Republic of China ("China"). Preliminary share capital of A-Sonic, and is accordingly a controlling shareholder of A-Sonic She is also deemed I project approval for the establishment of the Joint Venture has been obtained from the Civil Aviation Authority interested7,314 words
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ASIA-PACIFIC/WORLD
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Article, Illustration831 2006-08-03 20 ANTHONY ROWLEY - When East is East and West is going South ASIA INSIGHT Japan shows the world a more effective way to play the M&A game ANTHONY ROWLEY Tokyo Correspondent IS JAPAN a country of double standards? Its stance on mergers and acquisitions (M&A) certainly points in that direction at present, with831 words
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423 2006-08-03 20 Prices rise on strong demand and shift to a faster technology: iSuppli Reuters [SAN FRANCISCO] Sales of computer memory chips in the second quarter jumped a higher-than-expected 14.3 per cent as prices rose amid strong demand and a shift to a fasterReuters - 423 words
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387 2006-08-03 20 LATEST US DATA AFP. Bloomberg [WASHINGTON] US crude oil and petrol inventories declined in the past week, the Department of Energy said yesterday. A weekly DoE summary showed crude oil inventories fell 1.8 million barrels to 333.7 million barrels in the week to JulyAFP.; Bloomberg - 387 words
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328 2006-08-03 20 CLARENCE MICHAEL - By CLARENCE MICHAEL in Dubai DUBAI-BASED Aabar Petroleum Investments Company has reported a significant increase in operating profit for the second quarter this year, attributing it mainly to the acquisition of Singa-pore-based Pearl Energy. Operating profit rose from U*****,191 in the first quarter328 words
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WORLD WATCH
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73 2006-08-03 20 Bloomberg [CANBERRA] Australia's government wants Telstra Corp to decide whether it will build a As3.l billion (553.7 billion) fibre-optic network before it considers the sale of its controlling stake in the nation's biggest telco. Telstra has been negotiating with the Australian Competition and Consumer CommissionBloomberg - 73 words
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Article126 2006-08-03 20 Reuters [LOS ANGELES] Casino operator Wynn Resorts Ltd said on Tuesday its second-quarter loss narrowed as business at Wynn Las Vegas continued to build and it prepares to open its first casino in the Chinese gambling enclave of Macau. It reported a Q2 netReuters - 126 words
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Article66 2006-08-03 20 Reuters [LONDON] Annual bonuses have doubled in the last three years for executives at FTSE 350 companies as pay becomes ever more dominated by performance based elements, a study by accountancy firm Deloitte found. Performance measures are increasingly aligned to a company's business strategyReuters - 66 words
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Page 20 Advertisements
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Advertisement157 2006-08-03 20 Diners Club Card To apply, call 6416 098(i World of Exclusive Privileges Treats /g Diners Club www.Jiners.com.sg International fancy nomadic dining create uttur tttun ffilf <£~ I*l tfi* exptrkm* stwprh*you I #01-02, Nock 30 *yv darkequay (opp. fountain courtyard f river vafley road i/_ Singapore *****3 sT Em TKongafian fms/t157 words
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Advertisement33 2006-08-03 20 enticing il^-. the essence of India #01 -05a, block 3D, dark© quay river valley rd, Singapore 179 023 phone 6837 2800 email enqulry@ras.com.sg ~~"'P W* a member of Paiau Vi k k group33 words
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Advertisement92 2006-08-03 20 4 Yatalla Creek Charionay Carrying the distinctive crocodile label, every Yatalla Creek wine is a product of the flourishing fossiled land from which it came from. This wine promises an uplifting clear note of Chardonnay melon type aroma. It ais structured balanced wine. 4 Yatalla Cabernet Shiraz Harvested at optimal92 words
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Advertisement114 2006-08-03 20 Fantastic 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 $6.90*. OttoUs cdc/nz£& 's Birth/ay ax <Hts o*6 FkJUerfat, 7 USDA BEEF PROMOTION Enjoy 10% off our114 words
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WORLD
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Article, Illustration639 2006-08-03 21 State firms Gazprom, Rosneft expected to gain remaining assets after liquidation AP [MOSCOW] OAO Yukos once Russia' biggest oil company was declared bankrupt after a three-year campaign by government tax authorities that critics called a politically motivated campaign against Yukos* founder. The government cast its actions asAP; PHOTOS: AP. AFP - 639 words
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430 2006-08-03 21 Arcelor's Q2 profit drops 16.5%; Mittal's operating profit up 50% Reuters [BRUSSELS] Steel makers Arcelor and Mittal Steel reiterated yesterday that they expected their combined 2006 core profit to be 12 billion euros (5524.28 billion) to 12.5 billion euros. "MarketReuters - 430 words
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Page 21 Advertisements
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Advertisement165 2006-08-03 21 i sw&£Ssr'' JP^^^Mhll r |HHpF --vj:./ .jjjffißte a TBBBbI 4Rf mSmaM f ~l*l f vB I W Mr XW ;^Bgi x 1 jl- ST NMfefl m**. i /H&bdi/ \^m "X\T^ i 1 f f mm«M|tt«Hßae I E M fl m W M W flf I BREAKING NEWS I f iff165 words
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AVIATION
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Article, Illustration630 2006-08-03 22 VEN SREENIVASAN - It is looking at Boeing 737 and Airbus 320 family of planes By VEN SREENIVASAN [SINGAPORE] Silk Air has sent out Request-for-Pro-posal (RFP) for a $1.2 billion fleeting upgrading programme. According to the airline's chief executive officer, Mike Barclay, the regional airline has630 words
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304 2006-08-03 22 [RIYADH] Saudi Arabian Airlines will privatise five units next year, some through public listings, to pave the way for the flotation of its core transport business, company and banking sources said on Sunday. The sources said the government had given the304 words
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LOG BOOK
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114 2006-08-03 22 [SINGAPORE] Turkish Airlines has launched a new non-stop service between Istanbul and Singapore, and the first direct flight touched down at Changi Airport yesterday. The four-times-a-week service is the only non-stop one between the two cities and replaces flights operated via Bangkok. Singapore was the airline's114 words
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80 2006-08-03 22 [SINGAPORE] Tiger Airways yesterday welcomed the prospect of an opening-up of the Singapore-Kuala Lumpur route to low-cost carriers. In a statement yesterday, the airline reiterated its keenness to fly this route. It was responding to reports that Air Asia had requested the Malaysian government80 words
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55 2006-08-03 22 AFP [HANOI] National flag carrier Vietnam Airlines will launch a pilot programme to sell electronic tickets for domestic flights later this year, an official announced yesterday. "We plan the pilot programme for the fourth quarter of this year," said Pham Ngoc Minh, theAFP - 55 words
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Article, Illustration686 2006-08-03 22 VEN SREENIVASAN - Corporate travel demand fuelled by profits, capex: UBS By VEN SREENIVASAN [SINGAPORE] Carriers like Singapore Airlines (SIA) and British Airways (BA) have done well despite high fuel prices because of their strong market position in the corporate travel segment, according to ÜBS Investment686 words
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Article2198 2006-08-03 22 CITY RJSHT FT A FUGMT ETC GA840 1640 GA841 1755 SQ147 2235 SQ148 1900 OoPMM SQ455 1135 SQ456 1300 SQ435 0550 SQ436 20?0 AMaMo LH9771 1750 AF8088 2215 Bffl N135SI 0200 SQ230 1750 BA7382 2215 Poh« OK638 1345 QB639 0745 AF8067 1850 QF82 2215 D«M NZ43552,198 words
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Page 22 Miscellaneous
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Miscellaneous204 2006-08-03 22 CRYPTIC CROSSWORD DOWN 14 Bright comic has computer da- YESTERDAY'S SOLUTION 1 Food for people in a luminous ta on it (5,4) Across: 1 Ante meridiem, 9 Balasetting (7) 15 Are upset by heartless order to dava<} 0 Swear Turni p 2 Tele--2 Needs to take note and hurry kill204 words
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SHIPPING/TRANSPORT
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Article, Illustration677 2006-08-03 23 DONALD URQUHART - Project will be APM Terminals' first in Vietnam's growing port sector By DONALD URQUHART [SINGAPORE] APM Terminals, the container terminal division of shipping giant AP Moller-Maersk, has entered into a joint venture with Saigon Port Company to developPhoto: Bloomberg - 677 words
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468 2006-08-03 23 Reuters [KUALA LUMPUR] Shipping vessels could soon have to pay a fee to use the Malacca Strait, as nations along one of the world's busiest waterways hunt for ways to share the costs of keeping it open and safe. The 900 kmReuters - 468 words
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329 2006-08-03 23 Bloomberg [PARIS] Eurotunnel SA, operator of the rail link between Britain and France, was granted bankruptcy protection after talks with creditors to reorganise £6.2 billion (5518.4 billon) of debt collapsed last month. The Paris business court approved the request for protection from creditors at a hearingBloomberg - 329 words
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Article284 2006-08-03 23 SGX '000 Aug2 S$ Vol CH Offshore 036 unS 84 ChuanHup .033 -0.01 414 Cosco Corporation 1.51 0.01 5567 CWT Distribution 0.62 -0.01 245 Ezra Hldgs .2.50 -0.01 861 Freight links 0.07 0.01 896 Grand Banks Yacht .0.92 unch 0 Jaya Holdings 134 0.02 884 K1 Venture .0.36284 words
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Article, Illustration491 2006-08-03 23 Top 3 yards have 44 LNG tanker orders from Qatar Bloomberg [SEOUL] Hyundai Heavy Industries Co, the world's biggest shipyard, and other South Korean shipbuilders received 33 per cent more orders in the first half, boosted by demand for vessels that carry oilBloomberg; BLOOMBERG - 491 words
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183 2006-08-03 23 Bloomberg [LONDON] Russian President Vladimir Putin asked for a government plan by October to enable the nation's shipbuilders to compete with other countries, including South Korea, the world's biggest shipbuilder. Russia "must find niches, where it will be most competitive," Mr Putin told aBloomberg - 183 words
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Page 23 Advertisements
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Advertisement132 2006-08-03 23 Lianhe Zaobao I In S'pore for 1 years I I I I China Construction I I (South Pacific)-! I DevelopmentCo.il I I I *f projects I I i&PifiW&isif I I tana (mm) I I j Our qualified professionals J can assist you with offshore structures, shelf companies |f|UK'jtf and incorporations132 words
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EDITORIAL & OPINION
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476 2006-08-03 24 EDITORIAL IT'S been a year since the India-Singapore Comprehensive Economic Cooperation Agreement (Ceca) was signed, giving Singapore businesses preferential access to one of the world's fastest-growing, biggest and most protected markets. Since it came into effect on Aug 1 last year, India has eliminated import476 words
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Article, Illustration1211 2006-08-03 24 KAI-ALEXANDER SCHLEVOGT - Future is bright if postal giant marshals strengths against competition after de-regulation By KAI-ALEXANDER SCHLEVOGT Singapore Post investors have recently cheered record earnings, but are vexed by one question: Will their company, faced with technological shocks, industry convergence and internal transformation, remain successful afterBLOOMBERG - 1,211 words
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Article, Illustration748 2006-08-03 24 FRANK CHING - THE BOTTOM LINE FRANK CHING WITH Hong Kong having entered its 10th year as a Chinese special administrative region, pressure is building up for Beijing to honour its promise of allowing full democratisation of this former British colony. Opinion surveys consistently show748 words
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Article, Illustration1635 2006-08-03 25 MALCOLM BORTHWICK - Reforms are needed to give Asian countries more say in order to tackle imbalances in the world economy By MALCOLM BORTHWICK Belgium or India— which has more clout when it comes to decision making on loans to developing countries and on global economic stability?REUTERS - 1,635 words
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950 2006-08-03 25 WILLIAM PESEK - By WILLIAM PESEK YOU would think China had enough to worry about: economic overheating, poverty, worsening pollution, bird flu, and tensions with Taiwan. Now, add another challenge to the list: this year's US elections. Or at least that is the chatter in950 words
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Page 25 Advertisements
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Advertisement83 2006-08-03 25 —mm*r~g*rn* w jBSBfiBBBBBBS^^ H I J&* ii ,ni |.»IW WM vw f»»«w>« tmmll i •r*o— I /MnA Enhance your corporate image with SPH news reports or features on your company. Widely regarded as the definitive source for incisive business analyses and accurate industry reviews, we could help strengthen your communication83 words
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Article10902 2006-08-03 26 SGX MAINBOARD Transaction date: Aug 2 52-Wk Ttl Last Vat Day La<t Quota GrDtv Dtv GrYM Nat MCao High Low Coda Company Sate ('000) High Low Buyac Sallar Cvr m tmS 4 1 5716 1st Software 5c 2.5 +0.5 1109 2.5 2.5 2 2.5 10.1 11.5 6 314810,902 words
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Page 26 Advertisements
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Advertisement35 2006-08-03 26 Ttede from 20% deposit (5 x leverage) on most stocks Go long or short Competitive financing rates in all markets Access to Asian, US, Euro stocks Select Exchange TVaded Funds and Indices Competitive Commission charges35 words
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Article6231 2006-08-03 27 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In S$ In US$ dy yr dy yr dy %yr A "9 1 Index Change Change Change Change Change Change World Index Preliminary 985.8 -0.6 1.7 -0.4 -0.4 -0.7 4.8 »EAFE Preliminary 992.9 -0.6 2.0 -0.6 3.2 -0.9 875 Europe6,231 words
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Page 28 Advertisements
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Advertisement1953 2006-08-03 28 UK CONTINENT SERVICE U.».A SERVICE Destination Destination AFRICAN LION RDM/ATW/BMN/TLB/NAN SEAFRIEND CAM/NFK/SAV/NOL EVGENIA RDM/ATW/BMN/TIB/NAN loads Singapore, E./W. Malaysia, Indonesia £/w |ndonesia MIDDLE-EAST SERVICE F.E./S.E.A. SERVICE Destination PAN BRIGHT DBI/ABU/DOH/BRN/DMM/KWT Destination VOYAGER V DBI/ABU/DOH/BRN/DMM/KWT STX PO TBN INC/BSN GLOBAL MOKPO DBI/ABU/DOH/BRN/DMM/KWT PAN DYNAMIC JDH/AQA Loads Singapore, E./W. Malaysia, Indonesia Loads E.1,953 words
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Advertisement497 2006-08-03 28 Wlw WALLENIUS WILHELMSEN LOGISTICS website: http://www.2wglobol.com Vissa VOY RAMP HBCHT SM UC MAO SAV »Al Ott TAKAGO AF623 3201 MS MM 00/00 31/ M 09/09 13/09 17/09 15/09 TANMANI AF62S 3201 ms 6.4* 26/00 20/09 29/09 03/10 07/10 05/10 TAIAOOT AM27 4001 MS 6JM 16/09 10/10 19/10 23/10 21/10 26/10497 words
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Page 29 Advertisements
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Advertisement1596 2006-08-03 29 WAN HAI INTERNATIONAL PTE LID aHa **********0/* V" mmmmmm T1L*****5M (14UNCS) FAX:*****163 V\\M N WAN HAI I INF\ Wvw>/BookingsDirectLjw-(1800)*****200 V 11 V llWll llfll kllvLa# Kl IB: (03) 3346U4S MX: |03) *****20S FBI IB: (04) *****00 MX: |04)*****9* V JOHm(O7) 2514*23 FAX: »7)25l»»21 I»S47S FAX: (031) 37*2714/ 37*1305 www wflihfli1,596 words
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Advertisement1215 2006-08-03 29 I VESSEL I VOY PKL SIN KARACHI PX> BAB NHS DMM BIK KHOR JOLLY PCL 8148 04/08 12/08 15/08 16/08 22/08 24/08 26/08 IRAN KORDESTAN pa 8150 06/08 07/08 16/08 19/08 19/08 26/08 28/08 30/08 IRAN SATTARI Pa ***** 14/08 15/08 24/08 27/08 28/08 29/08 04/09 06/09 I VESSEL VOY1,215 words
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Advertisement911 2006-08-03 29 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VCSa VOY SMI PJOANG COLOMBO N. SKVA COLOMBO HOTAfBTAMA YPMO4I 01 AUG 02AUG 05AUG QBA||£ JIM HOWUH ItlDGl 00S4W 09 AUG 10 AUG 13 AUG It AUG 20 AUG KOTA PERWNtA YPWOB9 15 AUG 16 AUG 19911 words
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THE BUSINESS TIMES SHIPPING TIMES
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6355 2006-08-03 30 This ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SM Desf» Nan* Nan Mmbar Nuanber SM Oesfn Name Nan* Number Number 16/08 06/09 China Shpg DAXIN 187W *****898 To ABIDJAN (ABJ) 2003 Cote D'lvoire 17/08 06/09 China Shpg NEW DYNAMIC6,355 words
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BizIT
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Article, Illustration775 2006-08-03 31 AMIT ROY CHOUDHURY - Five-year deal spans hospitals, polyclinics and business units, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY THE world's biggest technology company, IBM, which is already in the race for the Singapore government's upcoming mega outsourcing deal, added another feather to its cap yesterday when itFill PHOTO - 775 words
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412 2006-08-03 31 AMIT ROY CHOUDHURY - Republic's central location in Asia cited as one reason By AMIT ROY CHOUDHURY POLYCOM, a major global provider of conferencing and collaborative solutions to companies, has announced that it will move its Asia Pacific headquarters from Hong Kong to412 words
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245 2006-08-03 31 WINSTON CHAI - By WINSTON CHAI PERFORMANCE issues have prompted Apple to start a worldwide recall for some rechargeable batteries designed for its 15-inch Macßook Pro. The affected batteries for the portable computers were sold between February and May. They bear the model number A 1175 and245 words
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703 2006-08-03 31 NYT [NEW YORK] Advanced Micro Devices, the chipmaker locked in a David-and-Goli-ath rivalry with Intel, won a strong endorsement Tuesday from IBM that should give AMD a further lift in the corporate computer market. IBM said it would offer five models ofNYT - 703 words
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Article, Illustration300 2006-08-03 31 ROLAND LIM - By ROLAND LIM TAIWANESE smartphone specialist Dopod International yesterday expanded its line-up with two new 3G models based on Microsoft's latest Windows Mobile 5.0 operating system. The Dopod 838 Pro is a 3G personal digital assis-tant-cum-phone with a sliding "Qwerty" keyboard and a wealth300 words
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Page 31 Advertisements
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Advertisement21 2006-08-03 31 A CORPORATE CHIEFS PEDAL-POWER Avanade S-EA head works hard, plays hard, and blends both with a dose of charity, pg 3221 words
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BizIT FOCUS: LIFE AT THE TOP
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Article, Illustration1020 2006-08-03 32 ROLAND LIM - Avanade S-EA head Sidney Lim shows it is possible to work hard, play hard, and blend both with a dose of charity, reports ROLAND LIM ROLAND LIM LEADING a pack of 85 cyclists and inline-skaters to cover 420 km of undulating Malaysian roads over three days,ARTHUR LEE - 1,020 words
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340 2006-08-03 32 Roland: How has IT changed your life in the past five years, both at work and outside work? Sidney: IT is now embedded in all facets of life, so it is difficult to distinguish the use of IT at work and at340 words
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Page 32 Advertisements
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Advertisement71 2006-08-03 32 cO THE POSSIBILITIES ARE INFINITE Fujitsu recommends Windows"-- XP Professional. the very top, there is only room for one. LIFEBOOK Q2010 Powered by Intel® Centrino® Mobile Technology. LIFEBOOK P J|!t" if"! C O n f I ci 6 n C G Fujitsu PC Asia Pacific Pte Ltd Sales Hotline: 1800-ASlAPAC71 words
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Advertisement57 2006-08-03 32 I I I Fujfrsu I < fl Fujitsu PC Asia Pacific I pledges "Built-in I Confidence" for every I product under its brand I name to reassure users I of product and service J excellence From high |l performance components Jfl to stringent quality control and professional after-sales U service,57 words
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PROPERTY
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Article, Illustration777 2006-08-03 33 Strong, mid-size Reits seen eyeing weak rivals as market segregates Reuters [TOKYO] Just five years old, Japan's property trust market could soon see some takeover activity, with strong managers targeting rivals who are struggling to deliver income growth for ,*their investors. InReuters; BLOOMBERG - 777 words
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420 2006-08-03 35 Reit to sign HK$5b five-year loan with 10 lenders tomorrow: banker Bloomberg [HONG KONG] Link Beal Estate Investment Trust, Hong Kong's first property trust, cut a refinancing loan by 11 per cent after boosting its inaugural bond sale last month. LinkBloomberg - 420 words
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258 2006-08-03 35 Reuters [MUMBAI] European private equity and venture capital company 3i said yesterday it is investing US$4O million in an Indian real estate fund, the latest foreign firm to tap into a fast-growing sector. The offshore fund of IndiaßElT, founded by Indian industrialist AjayReuters - 258 words
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1527 2006-08-03 35 .♦"PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF STREET NAME TYPE DATE AREA*(SQ FT) (SS'OOO) (SS) I* District 01 •♦^NON-LANDED •♦«The-Sail At Marina Bay Apt 18/07/2006 99 1755 1769 1008 •♦♦District 03 -%NON-LANDED [♦-Meraprime Apt 14/07/2006 99 1173 770 656 .♦'Queens1,527 words
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Article, Illustration533 2006-08-03 36 KALPANA RASHIWALA - Bank will spend $30m to redevelop annexe block By KALPANA RASHIWALA IN yet another example of the tightening office space now seen on the island, United Overseas Bank (UOB) has been gradually taking over the former BP Tower at Alexandra Road to houseARTHUR LEE - 533 words
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Article, Illustration401 2006-08-03 36 KALPANA RASHIWALA - By KALPANA RASHIWALA THE collective sale of Minton Rise, a former HUDC estate in Hougang, has been relaunched after the property failed to find a taker at the owners' asking price when it was offered last December. The owners' reserve price remainsFILE PHOTO - 401 words
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Page 33 Advertisements
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Advertisement168 2006-08-03 33 FOR SALE BY TENDER 99 Year Leasehold I WJ s Close Proximity to Shopping Centres /\$fc 171 Short Walk to Kovan and Serangoon MRT Stations J 500m to Paya Lebar Methodist Girls'Primary and Singapore *****3 restate Not To Scale. For Reference Only a r ARDMORE PARK SUPER LUXURIOUS DEVELOPMENT SITE168 words
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Advertisement491 2006-08-03 33 6 100, Kampong Java Rd, y Curzon Lodge Land, 29,771 sq ft Qrt Plot Ratio 2.1 T* 0 Kamoong Java Rd cnut Freehold Iffluj Height Limit 81m AMSL Quiet, Serene Surrounding «N«»ton r,n^h R a Near Newton MRT and Newton Food Centra mrt station Food Centre Tender closing on Friday,491 words
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Page 34 Advertisements
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Advertisement180 2006-08-03 34 I ff v J j With a of over 22,000 sq metres, the Marina Collection is the only condo parcel BBBWBIMIIBBBBIBBWWBBBBBPBPH|P located in the heart of the vibrant marina hub. Developers will be given the exclusive opportunity to build luxury condominiums, modern serviced apartments or vacation homes. Offering full stunning180 words
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Page 35 Advertisements
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Advertisement192 2006-08-03 35 s Marina Club off Ponggol Holiday Resort in Pulau Übin mm FOR SALE BY TENDER Marina Club off Ponggol Boat sheds and Commercial Retail space catering to Seafarers and Individuals. MLand Approx. 49,860 sq m Built-in Approx. 14,352 sq m Master Plan Zoning 1998: Open Space/ water body Holiday Resort192 words
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Page 36 Advertisements
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Advertisement530 2006-08-03 36 savills For Lease UE Print Media Hub, at Paya Lebar Road BRAND NEW, TOP Ist1 st Quarter 2007 5-storey building with basement carpark Units from 1,300 sqft 17,000 sqft Food Court in Building Next to Circle Line MRT Station Attractive Rentals Sole Marketing Agent ElfSeah 9693 4126 6415 7330 Cayce530 words
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