The Business Times, 29 January 2007

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL27140
Total Pages: 30
1 30 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    21 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg A SINGAPORE PRESS HOLDINGS PUBUCATION MICA (P) 202/12/2006 Monday, January 29,2 1
    21 words
  • Article, Illustration
    Lock icon SGX cautions developers about price projections
    584 1  -  By WONG WEI KONG [SINGAPORE] With the property market sizzling at the top end and with talk of record prices with every new launch, the Singapore Exchange (SGX) is keen to remind listed developers of their obligation to observe disclosure standards when they make
    584 words
  • Article
    Lock icon MARKETS DIGEST
    168 1 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. MARKETS Week Chge STI 3087.74 +14.86 KLCOMP 1169.89 +22.13 NIKKEI 225 *****.93 ...+111.49 HANG SENG *****.13 -46.59
    168 words
  • Article, Illustration
    Lock icon Penny stocks are where the crazy money is
    880 1  -  18.3% compounded return a year over past 17 years but money losers in 11 of them By TEH HOOI LING [SINGAPORE] Buying blue chips will yield decent returns over the long term but they are unlikely to catapult investors many more notches
    880 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon Investors see opportunity in Asean: Balakrishnan
      709 2  -  Message from Davos is that grouping must execute on policies By VIKRAM KHANNA [SINGAPORE] Investors are increasingly aware of Asean as a political and economic entity, but their message to the grouping is that it needs to execute on policies if it is to
      FILE PHOTO  -  709 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      629 2 Investors see opportunity in Asean: Balakrishnan INVESTORS are increasingly aware of Asean as a political and economic entity, but their message to the grouping is that it needs to execute on policies if it is to achieve the greater integration that it wants. This was one of the
      629 words
    • Article, Illustration
      Lock icon M'sian charities to replicate BT Budding Artists Fund
      409 4  -  By PAULINE NG in Kuala Lumpur TALENTED underprivileged children in Malaysia will now have the opportunity to develop their potential under the Budding Artists Fund thanks in part to a Singapore connection. The initiative, modelled after The Business Times Budding Artists Fund
      409 words
    • Article, Illustration
      Lock icon CFOs bogged down by complex accounting rules
      771 4  -  Standards difficult to apply and bear little relation to reality: consultants By SIOW LI SEN [SINGAPORE] Many chief financial officers are caught in a bind they struggle to tell investors about the value of their companies while being bogged down in complying with
      771 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      395 2 HUM Mmm KPMG Corporate Finance Pte Ltd for and on behalf of Kerith Holdings Pte. Ltd. (Incorporated in Singapore) (Co. Reg. No: *****4838E) OFFER FOR C.K. TANG LIMITED SHARES CLOSES THIS FRIDAY 2 FEBRUARY 2007 AT 3.30 P.M. IMPORTANT NOTICE FOR C.K. TANG SHAREHOLDERS C.K. Tang Shareholders who wish to
      395 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      229 2 oeonle Hunting season H H has begun (Target: Private Bankers) www thepeopleatwork com Asia-Pacific Executive Search <S&usind& in Q&tatar .< s 'f i:; Meet Directly with Representatives from the U.S. States of Maryland Mississippi Nevada Hampshire Ohio Pennsylvania Orissa Associates, in collaboration with the states of Maryland, Mississippi, Nevada, New
      229 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 3
      5 2 "i riv I ■J .<.<•.< <.«.;? i
      5 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      1170 3 R: > -'^aB |Sl^h ■BBr H^l pi 3Wi» j ■rt Ik/ 1 ÜBK 4Mft i £«|tJSr>> > S v. '±Mlllßikk'' M H^B j| K a 1 A-zj/j r^ H |l k t.x' n-^;4:^y4|/^V\lL4%ik ,^^r^J^^^^E^P^aftTOfe«Bira^pß^B <Jj^Bllll^H 1 &9|fl^^| ili\\J|raHA iiii MB .111, ij I i J 1^1 1 'all *i up
      1,170 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      182 4 35,000 nautical miles. 12 cities. 10 months. The Clipper Round the World Yacht Race presents a brave new world to those with the dare and tenacity to take up the challenge of cross-ocean sailing. Last year, some 30 Singaporeans rose to the occasion and did us proud. Hailing from diverse
      182 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      142 4 k ytllT* 1 HHIHHBHHHHHHIHHHIIi Following the success of the 11 th World HR Congress, SHRI is proud to bring you the Singapore HR Congress Business-Connect Exposition 2007 Building Human Capital Capabilities for Businesses Today and Tomorrow mmmmm Waterfront Convention Centre Grand Copthorne Waterfront Hotel Guest-of-Honour Mr Lim Swee Say Secretary-General,
      142 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 3
      300 4 Andrew 47,000 sqft. Hilltop Binjal Pk 20,000 sqft. Elevated Bishopsgate vicinity 35,000 sqft, $22M neg. Quiet, high ground Cluny Hill 22,000 sqft Surrounded by greenery, rare, lovely view Jervols Hill 15,000, 30,000 sqft Leedon Pk 43,000 sqft Greenery Leedon Pk 25,000 sqft. Greenery Linden Dr 13,500 sqft. Elevated Nassim 15,000,
      300 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      313 5 f KfiwS /Sk H A 3 jM^BfijBBHFfT jl"K»2Bwv -^^3BH^^v C W w'i| fijßfe* PASSION for EXCELLENCE Petrobras confers top awards to Keppel for excellence in the P-51 P-52floating production units. Whether it is in Brazil or in Singapore, excellence is not PETROBRAS P-52 just a motto, but a way of
      313 words
Page thumbnail Page 6
  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon FOR THE FAMILY
      3188 6 THIS WEEK'S TOPIC What are organisations in Singapore, and within your industry in particular, doing to be more pro-family? What more needs to be done? Christine Ong Country Head, UBS Singapore Tl IImm petition for talent is prol>;i I )l\ most ev ident in the financial sen
      FILE PHOTO  -  3,188 words
    • Article
      Lock icon Interpreting warrants information
      496 8  -  HOCK LOCK SIEW By R SIVANITHY BY MOST accounts, the Singapore Exchange (SGX) is studying ways to improve transparency in the warrants segment via enhanced disclosure on the part of issuers. This can only be good for the market the more information retail investors have, the better
      496 words
    • Article, Illustration
      Lock icon IPO veteran Soon Boon Siong joins Phillip
      498 8  -  By WONG WEI KONG VETERAN investment banker Soon Boon Siong a major figure in the IPO market here has joined Phillip Securities after leaving UOB Asia. Sources said Mr Soon, who was formerly the joint managing director of UOB Asia, has assumed the
      FILE PHOTO  -  498 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      145 7 The Pro-Family Business (PFB) Mark is supported by the Ministry of Community Development, Youth and Sports (MCYS). Possibly the first such scheme in Asia to target Pro-Family Business Practices, the national accreditation scheme signals a new stage in the Making Business Pro-Family Initiative. The PFB Mark underscores the potential business
      145 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      1591 8 Mandatory Cash Offer by ODBS DBS Bank Ltd (Company Registration No.: *****0306E) (Incorporated ih the Republic of Singapore) for and on behalf of Affinity Precision (S) Re. Ltd. (Company Registration No.: *****1697H) (Incorporated in the Republic of Singapore) to acquire all the issued and paid-up ordinary shares in the capital
      1,591 words
Page thumbnail Page 9
  • COMPANY NEWS
    • Article
      Lock icon Vodafone talks to SingTel about Bharti stake: report
      412 9 [LONDON] Vodafone has held initial talks with Singapore's largest telecoms group about the sale of the Indian mobile phone interest it would need to offload if it won the US$lB billion auction of Hutchison Essar, the Sunday Telegraph reported. Sing Tel, which
      412 words
    • Article
      Lock icon S'pore queries won't affect Genting plans: report
      255 9 AFP [KUALA LUMPUR] Malaysian gaming conglomerate Genting said queries by Singapore authorities into its tie-up with casino tycoon Stanley Ho will pose no problems to a planned gaming resort in the city-state, according to a report. Reports last week said Genting had to
      AFP  -  255 words
    • Article, Illustration
      Lock icon Biggest jump in local banks' profit expected from DBS
      541 9  -  UOB to lead FY2006 results in terms of absolute earnings, says Macquarie By WONG WEI KONG NO surprises are expected when Singapore banks report their FY2006 results, with DBS Bank likely to show the biggest profit jump and United Overseas Bank
      FILE PHOTOS  -  541 words
    • Article
      Lock icon MAE signs subscription agreement with Desa
      213 9 MAINBOARD-LISTED MAE Engineering said that its stakeholder, Bintai Kinden Corporation, has assigned its rights, interest and entitlements in relation to receivables in the company to Desa Konsep. This includes $11.7 million payable by MAE to Bintai Kinden. Bintai Kinden, listed on Bursa Malaysia, owns
      213 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      24 9 Inviting tenders? Call 1800 289 8822 or email notiees@sph.com.sg to book your tender notice in our newspapers now. AT-3 notices -Or 1 3 uj
      24 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      13 9 M mmmmmM World's Finest 11 1 Virtual Office, "jfl 1 g 6725 6200
      13 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 3
      111 9 'trJin 7 T i r*'iifialw> iTMiifiiiMilii i Mini j I p tt ?VV -V Clariden Leu As a Swiss private bank rich in tradition, Clariden Leu offers its clients innovative investment products and financial services geared precisely to your expectations and objectives, based on an individual multi-step consultation. Because Clariden
      111 words
Page thumbnail Page 10
  • SINGAPORE MARKETS
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      460 10 >i)i«nii E* »nfa Pnrnut Ei iMki f»r lffll SfJt ds* date Iffll Art* tote Aligmn q J15B lfrQt iM« jjjjg M'dasHWgs 030 24-1* BUft, A«*nd4»*lfT l]f>B 3J0 2*>r frtir It-Ht Miyathl Prectson F 040 »ian 1M» »sn Aacotl ftasdanc* Tnot dd 317 j*> 02-f«b 2t-F«fe Miyo*ii Precmoo i
      460 words
    • Article, Illustration
      Lock icon Here's hoping that volatility will subside this week
      682 10  -  STOCKS R SIVANITHY Senior Correspondent FROM an intraday high of 3,17 3 on Thursday to an intraday low of 3,057 on Friday, the Straits Times Index last week traversed an astonishing 116 points in around 24 hours. Even the most die-hard punter
      682 words
    • Article
      Lock icon Asian units lower against US$; yen hit by low interest rates
      509 10 CURRENCIES AFP [HONG KONG] Major Asian currencies fell against the dollar last week, with the yen weak due to low interest rates in Japan, as traders look ahead to this week's rate decision by the US Federal Reserve. Japanese
      AFP  -  509 words
    • Article, Illustration
      Lock icon Broker's recommendations
      1823 10 Consensus No.of Forecast Mean Fri's recommendation esti- EPS PE target price Company name This wk Lastmth mates (cents) (ratio) price Allco Commercial REIT 1.40 1.33 5 5.01 23.18 1.26 1.16 Allgreen Properties 2.11 2.33 9 5.53 30.02 1.33 1.66 Ascendas REIT 3.00 2.33 13 11.98 20.45 2.51 2.45
      1,823 words
    • Article
      Lock icon Oil prices rebound, nickel and tin hit highs
      440 10 COMMODITIES AFP [LONDON] Global crude oil futures rallied above US$55 per barrel last week, while metals shone, with tin and nickel prices hammering new historic peaks. Soft or agricultural commodities mostly fell. The Commodities Research Bureau's index of 17 commodities rose to
      AFP  -  440 words
    • Article, Illustration
      Lock icon Portfolios outdo indices again
      1479 11  -  TEH HOOI LING Senior Correspondent MANY penny 'stocks managed to hang on to their gains last week even as correction set-in in the last two days of the week. Consequently, all our portfolios outperformed both the Straits Times Index (STI) and the UOB Sesdaq Index for
      1,479 words
    • Article, Illustration
      Lock icon Sellers dominate trades again, but key buys made
      1183 11  -  INSIDE MARKETS By ROBERT HALILI SELLERS last week outnumbered buyers for the second straight week, with 20 companies that recorded 48 disposals worth $49.4 million versus 14 firms with 26 acquisitions worth $13.3 million. The trades in the past two weeks were
      1,183 words
Page thumbnail Page 11
Page thumbnail Page 12
  • DINING OUT
    • Article, Illustration
      Lock icon Ambience that's worth a trip
      405 12 New restaurant some of them milder in taste it's almost as if someone in the kitchen was trying to emulate the Singapore-style nasi padang but just didn't get the formula quite right. But it should be the other way round. Just as sparkling wine can
      405 words
  • Page 12 Advertisements
Page thumbnail Page 13
  • SINGAPORE NEWS
    • Article
      Lock icon EVENTS LISTING
      193 13 DATE/ TIME EVENT VENUE 18 Jan 07 The Aksara Exhibition: The Exhibition Gallery 30 June 07 Passage of Malay Scripts on Level 10 of the Na10.00am Exhibition tional Library 29-30 Jan The Library Association of Rendezvous Hotel 8.15am Singapore Conference 29-30 Jan Private Banking Develop- Marina Mandarin Ho8.00am
      193 words
    • Article, Illustration
      Lock icon Tapping potential of creative industries
      1080 13  -  S'poreans urged to distinguish themselves to stay ahead of the game By VINCENT WEE WE must not neglect the right brain this is the crux of the message that Ministry of Information, Communications and the Arts (Mica) permanent secretary Tan Chin Nam is keen to
      FILE PHOTO  -  1,080 words
    • Article
      Lock icon Submarine cable system disrupted, says DA
      116 13 Xinhua THE Infocomm Development Authority of Singapore (IDA) has confirmed that an East Asia Crossing submarine cable system was disrupted early on Saturday morning. An IDA spokesman said that the disruption may have affected Singapore's Internet operation, but not on the scale seen during
      Xinhua  -  116 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      5 13 World's Finest Virtual Office ".S
      5 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 2
      240 13 SMB Solutions J Internet MY OFFICE NETWORK IS [si PROTECTED... IS YOURS? |l l PUT MY TRUST WITH THE EXPERTS. THIS il PACNET SECURESITE SOLUTION I PacNet Secure Site delivers seamless broadband connectivity, and high standards of O |ij|£ Kpj enterprise-grade network protection for small and medium-sized businesses. Giving your
      240 words
Page thumbnail Page 14
  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Dollar cost averaging or lump sum investing?
      904 14  -  It really boils down to your objectives and how disciplined you are, says DANIEL BUENAS DANIEL BUENAS A CONCEPT, or practice, that is often touted by financial advisers and those in the financial community is that of dollar cost averaging. This means investing
      Source: C bank  -  904 words
    • Article, Illustration
      Lock icon Students try their hand at stocks
      839 14  -  CAMPUS LIFE 2,500 took part in an online challenge with 70% ending the game in the money, reports JASON LOW JASON LOW WITH the Straits Times Index (STI) hovering at an all-time high in recent weeks, the widespread interest in the market has attracted
      839 words
    • Article
      Lock icon Be smart with your finances
      205 14 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      205 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      46 14 cfEibank The Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      46 words
Page thumbnail Page 15
  • WORLD ECONOMIC FORUM
    • Article, Illustration
      Lock icon Still no breakthrough for WTO talks
      652 15 WTO powers stop short of making improved offers to break deadlock AP [DAVOS, Switzerland] The United States, Europe and other major powers have made only a vague commitment to liberalise global trade, despite encouragement from leaders attending the World Economic Forum. The countries which
      AP; REUTERS  -  652 words
    • Article
      Lock icon Terrorism slides down Davos agenda
      612 15 Bloomberg [DAVOS] Terrorism, a subject that has dominated recent meetings of the World Economic Forums, was largely absent as a topic at this year's gathering as economic and political leaders turned their focus to climate change. "Terrorism has slid way down the agenda," Stelios Haji-loannou,
      Bloomberg  -  612 words
    • Article, Illustration
      Lock icon KL shifts reserves away from US dollar
      336 15 [DAVOS] Malaysia has shifted some of its US$B2 billion of currency reserves away from the US dollar, Prime Minister Abdullah Ahmad Badawi said here. "We're concerned for the reason that the high percentage of our international trade is in US dollars." said Mr
      REUTERS  -  336 words
    • Article
      Lock icon Asean integration model comes in for praise
      291 15 Bloomberg [DAVOS] South-east Asia's progress in the past 40 years to integrate as one market for trade, investment and security can serve as a lesson for the world amid stalled free-trade talks, leaders from Malaysia and the Philippines said. Since the Association of
      Bloomberg  -  291 words
    • Article
      Lock icon Asian CEOs most concerned abou climate change: survey
      541 15 NYT [DAVOS] To chief executives in Asia, the threat of global warming seems very real, but it is less so to those in the United States or Russia. A survey of chief executives around the world, released at the World Economic Forum
      NYT  -  541 words
    • Article
      Lock icon Demand greatly surpassing supply for renewable energy
      384 15 Reuters [DAVOS] Political and business leaders have spent much of the World Economic Forum wringing their hands about climate change but in reality demand for renewable energy is growing so fast firms cannot keep up. There is a three-year waiting list for wind
      Reuters  -  384 words
Page thumbnail Page 16
  • ECONOMY WATCH
    • Article, Illustration
      Lock icon India's central bank expected to raise rates
      427 16 AFP [MUMBAI] The Reserve Bank of India is expected to hike short-term rates by 25 basis points to 6.25 per cent in a review this week with inflation near a two-year high, analysts say. Wholesale inflation the most closely watched price index stood
      AFP; REUTERS  -  427 words
    • Article, Illustration
      Lock icon Hedge funds' risk control, valuation spark concern
      576 16  -  Leverage reaches levels not seen since huge LTCM crash of 1998 By NEIL BEHRMANN in London GOVERNMENTS, regulators and consultants have become increasingly alarmed that hedge fund gunslingers are taking dangerous risks in global financial markets. Deloitte Touche has identified "red flags" for
      576 words
    • Article
      Lock icon Fed may keep rates steady this week: analysts
      592 16 AFP [WASHINGTON] After a surprising show of strength in the US economy, the Federal Reserve is likely to keep interest rates steady at this week's monetary policy meeting to see if the trend continues, analysts say. The Federal Open Market Committee is
      AFP  -  592 words
    • Article
      Lock icon US farm aid system set for overhaul
      315 16 Reuters [WASHINGTON] The decades-old US farm subsidy system should be replaced by tax-deferred "income stabilisation accounts", an environmental group said on Friday, amid rising expectation the Bush administration would propose farm reform within days. One farm lobbyist said the centrepiece might be an
      Reuters  -  315 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      304 16 8888 i m 11 iibWM'liPwmi jlin m« yiT*i7Miu*L»i^wiiuH^^^^^B[ YkTiKmrnmrnm mSBIIISI WW lIWSYSTEMIWORTHI $90,000! your .network j MoMtty Forward coßs to your chosen devices I fJ Coiabofcrtton Share afr types of media with voice, Web, or I I videoconferencing participants :>,m Curtomf Sendee Integrate with applications to maxfrni3flfe.tr call centre performance
      304 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 2
      124 16 IMPLEMENTING CHANGES? THINK CHANGE PRO® Frustrated with poor implementation of strategic projects? Have a large number of new change initiatives some (many?) of which are not progressing fast enough? Want to elevate your organisation's ability to tackle on-going changes? If you are a C Level or with strategic/P&L responsibilies and
      124 words
Page thumbnail Page 17
  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon A VW deal good for Proton—and M'sia
      595 17  - A VW deal good for Proton —and M'sia MALAYSIA INSIGHT S JAYASANKARAN KL Correspondent Malaysian Prime Minister Abdullah Ahmad Badawi declined comment when asked in Switzerland if a foreign wire report on Proton's sale to German carmaker Volkswagen AG was true. "I don't want to comment because it is being
      595 words
    • Article
      Lock icon Medi-Flex to break even this year
      592 17  -  Top Glove helps it cut costs, get better bank credit terms By PAULINE NG in Kuala Lumpur TOP Glove Corporation is confident it can reverse the losses of Medi-Flex by as early as the end of this year. Already, Medi-Flex's operating costs are lower
      592 words
    • Article
      Lock icon Abdullah pledges not to let critics distract him
      395 17 AP [KUALA LUMPUR] Prime Minister Abdullah Ahmad Badawi has accused his critics of unfairly smearing him, but pledged not to let them distract him from working to boost Malaysia's economic progress, a news report said yesterday. "I know there are people who
      AP  -  395 words
    • Article, Illustration
      Lock icon Indonesia tapping offshore bonds to plug deficit
      263 17 Xinhua [JAKARTA] Indonesia will turn to the offshore bond market as part of changes to treasury management following the winding up of the Consultative Group on Indonesia, a forum made up of Indonesia's major creditors, a senior official says. Saturday's Kompas. a leading
      Xinhua  -  263 words
    • Article
      Lock icon Major poll victory for Barisan
      247 17 Reuters [KUALA LUMPUR] Malaysia's ruling coalition scored a morale-boosting by-election victory yesterday, getting out the vote despite an opposition boycott, a slowing economy and general unhappiness with rising living costs. The result in the safe government seat of Batu Talam, in central Malaysia, was never
      Reuters  -  247 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      859 17 Cats Notices NOTICE OF MEETING OF CREDITORS IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF FIRST CIVIL ENGINEERING PTE LTD (Co. Reg No *****?908M) Notice is hereby given pursuant to taction 296 of the Companies Act (Chapter 50) that a meeting of the creditors
      859 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 2
      1075 17 *ARIANECORP LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****4341 D) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of ARIANECORP LIMITED (the "Company") will be held convened on 13 February 2007 at Cartton Hotel at 10:30 am for the purpose of
      1,075 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 3
      528 17 IN THE MATTER OF THE COMPANIES ACT AND IN THE MATTER OF FWUSO TRADING (S) PTE LTD (Co.Reg. No. 19M*****M) (In Voluntary Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to S«ctk>n 308 of the Companies Act Cap. 50, that the final meeting of the members of the abovenamed company
      528 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 4
      245 17 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF (1) GN PACKAGING INDUSTRIES PTE LTD (CO. REG. NO. *****1079G) (2) AIK POH INTERNATIONAL INVESTMENTS PTE LTD (CO. REG. NO. *****1412 D) (3) CG EQUIPMENT MATERIAL SPECIALIST PTE LTD (CO. REG. NO. *****1056 M) (4) LAY
      245 words
Page thumbnail Page 18
  • GREATER CHINA/INDIA
    • Article
      Lock icon India hopes Vodafone will enter market soon
      368 18 Minister's comment boosts group's bid for Hutchison Essar Reuters [DAVOS] India hopes Vodafone will be able to establish itself in the country quickly, giving the global telecoms group's plan to take over local player Hutchison Essar a welcome boost. "We do hope that
      Reuters  -  368 words
    • Article, Illustration
      Lock icon HK's small businesses assail proposed anti-trust law
      648 18  -  Resistance mounts as govt deadline on seeking public feedback nears By JANE MOIR in Hong Kong HONG Kong's small businesses look set to dig their heels in over a proposed competition law, as policymakers mull over legislation to clamp down on cartels and
      REUTERS  -  648 words
    • Article
      Lock icon Beijing mulls new property, fuel tax
      230 18 AFP [BEIJING] China is considering a new property tax to cool over-investment in real estate and a fuel levy to reduce oil consumption, the government said. According to the State Administration of Taxation's 2007 working guidelines posted on its website, the new tax will
      AFP  -  230 words
    • Article
      Lock icon STOCKS ASIA
      2903 18 Transaction date: Jan 26 For a full listing of the closing prices, log on to BT Online at http://business-times.asia 1 .com.sg after 11.30pm every trading day HONG KONG vol HKS *1- '000 Aeon Credit .6.40 unch 40 Aeon Stores .9.10 unch 6 Angang Steel 12.70 0 36 7591
      2,903 words
    • Article
      Lock icon Healthcare in China next big thing for VCs
      186 18 AFP [BEIJING] Healthcare is shaping up to become the next big thing for venture capitalists trying to make money on the Chinese economic boom, state media reported yesterday. While growing amounts of money are being channelled into pharmaceuticals and chemical equipment makers,
      AFP  -  186 words
    • Article
      Lock icon More companies giving their execs a taste of India
      362 18 IMUMBAI] Standard Chartered is slated to hold the meeting of its global board in India this year, the Business Standard reported. One can be forgiven for expecting it to generate news, given the sequence of events at the turn of the
      362 words
    • Article
      Lock icon China insurers gain 8.9b yuan from stocks
      194 18 Reuters [BEIJING] China's insurers realised gains worth 8.9 billion yuan (S$1.75 billion) by investing in the booming domestic stock market last year, the Xinhua news agency reported on Saturday. The yield on the stock market was 27.1 per cent, more than quadruple that
      Reuters  -  194 words
Page thumbnail Page 19
  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon All eyes on UK's new casino list
      664 19 Announcement of locations of 17 new casinos sure to be met with lawsuits Reuters [LONDON] Overseas investors such as Malaysia's Genting, Bahamas-based Kerzner and US-based MGM Mirage may hit the jackpot when Britain announces the locations of a new generation of 17 Las
      Reuters; BLOOMBERG  -  664 words
    • Article
      Lock icon Citigroup to cut more than US$1b in costs
      351 19 Bloomberg [NEW YORK] Citigroup Inc plans to cut more than US$l billion in costs this year as part of chief executive officer Charles Prince's effort to boost profit growth at the biggest US bank. The company probably will eliminate some jobs, shift
      Bloomberg  -  351 words
    • Article
      Lock icon Another week of volatility on the cards
      757 19  -  WALL STREET INSIGHT By ANDREW MARKS in New York TORN between warnings of an approaching storm and the present day's sunny skies, Wall Street traders and money managers seesawed between bullishness and a batten-down-the-hatches approach to the news coming from economic data and
      757 words
    • Article
      Lock icon Uncertain times for investors in Thailand
      527 19 Govt policies causing confusion among foreigners Reuters [BANGKOK] Thailand's ar-my-appointed prime minister made it quite clear: his year in office would be one of reform, a unique opportunity to build a more transparent, consistent government that observes the rule of law. "We know businesses
      Reuters  -  527 words
    • WORLD WATCH
      • Article
        Lock icon US$10b deal to develop Iran gas field
        77 19 Bloomberg [TEHERAN] Iran. Repsol YPF and Royal Dutch Shell signed a US$lO billion agreement to develop the South Pars gas field, the world's biggest natural gas deposit, the Islamic republic's oil ministry said yesterday. Repsol, based in Madrid, and partner Shell signed the
        Bloomberg  -  77 words
      • Article
        Lock icon Denmark to cut corporate tax to 22%
        69 19 Reuters [COPENHAGEN] Denmark will cut its corporate tax rate to 22 per cent from 28 per cent effective this year, Tax Minister Kristian Jensen said on Friday. The cut is part of a plan to remove incentives for international companies and private equity
        Reuters  -  69 words
      • Article
        Lock icon BOA in talks with Countrywide: report
        91 19 Reuters [NEW YORK] Bank of America Corp, the No 2 US bank, and Countrywide Financial Corp, the largest US mortgage lender, are in talks that could lead to a joint venture or merger, the Financial Times said on its website on Friday. Citing sources,
        Reuters  -  91 words
    • Article
      Lock icon Nasdaq extends LSE offer deadline to Feb 10
      363 19 Reuters [LONDON] US Nasdaq Stock Market Inc extended to Feb 10 the deadline for investors to accept its hostile offer worth £2.7 billion (Ssß.l billion) for London Stock Exchange pic. Nasdaq, which owns almost 30 per cent of the LSE and is
      Reuters  -  363 words
    • Article
      Lock icon Untitled
      536 19 STRAITS TIMES INDEX STOCKS Stock name Wt Close Change Allgreen 0.45 1 660 +0.020 Ascendasreit 0.99 2.450 -0.100 BIL Intl 039 1.660 +0.010 Capita Land 4.94 6.650 -0.200 CapitaMall 0.98 3.240 -0.020 Chart SemiCond 0.82 1.330 -0.020 CityDev 3.09 14.000 -0.300 ComfortDelGro 1.49 1.850 +0.040 CoscoCorp 1.02 2.700 -0.010 Creative
      536 words
Page thumbnail Page 20
  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Maersk Line's market share declines in 2006
      893 20  -  Next 2 biggest lines MSC and CMA CGM post substantially higher growth By DONALD URQUHART [SINGAPORE] Despite its industry-shaking takeover of Royal P&O Nedlloyd, the world's largest container shipping carrier, Maersk Line, saw its share of global container market shrink during 2006, reflecting
      BLOOMBERG  -  893 words
    • Article, Illustration
      Lock icon Airport criticisms aimed at Thaksin: analysts
      574 20 They say airport used as excuse to discredit ousted PM AFP [BANGKOK] Cracks on the runway, corruption claims and now safety issues Bangkok's new airport has suffered blow after blow since its swanky opening, but analysts say the public hammering could be a ploy
      AFP  -  574 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      698 20 CUT MOT ITA HJCMT HP AbvNMbl ***** 1225 mto m raferi 5g| ggW 231] m oim SB 22 SA|44 ■pr j faroibiw Cap* Town SQ478 0215 a mm 5SiS »ffi N as? O—1 aOaS SC >oS 0825 Chiang Mai 1*12$ 1J65 TR12S 066? *m m a
      698 words
    • Article
      Lock icon Inquiry into Adam Air crash critical
      453 20 AP [JAKARTA] Determining what caused an Indonesian jetliner to plunge into the sea with 102 people is important for global aviation safety, in case there are any structural problems with the world's most popular aircraft, experts said on Saturday. Signals from the Boeing 737's
      AP  -  453 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      348 20 CRYPTIC CROSSWORD 1 Northerner who is ruddy rosy? as asset with JML JHL H 11 A hill to the west featured in list 12 Son gets sleep in break (4) I of victory, endlessly 15 Job was cut short Rex in late 13 I I forties or fifties? (4-3) —1
      348 words
Page thumbnail Page 21
  • Article
    Lock icon SINGAPORE STOCKS
    11275 21 SGX MAINBOARD Week ended: Jan 26 52 Wk Td Last Vol Week Last Quote Div GrVM Net MCap High Low Code Company Sate C000) High Law »uyr Sdbr O WE sU 3.5 1 5716 1st Software 2 susp ..-81 11! ,5 3148 8Telecom 9.5 45 8812 10.5 9
    11,275 words
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      35 21 Trade from 20% deposit (6 x leverage) on most stocks Go long or short Competitive financing rates in all markets Access to Asian, US, Euro stocks Select Exchange Itaded Funds and Indices Competitive Commission chargae
      35 words
Page thumbnail Page 22
  • Article
    Lock icon FINANCE & COMMODITIES
    6916 22 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES in toot curr In Si la USJ dy yr dy yr dy *yr ian26 lnd«« Change Chanqa Ch»nq« Change Chang* CKang* World Inde* Pretimmary ***** -04 146 04 92 07 j|j S EAR Preliminary 1125.5 OJS 1M 1Q 10 235 Europe Preliminary *****
    6,916 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      892 23 Destination Destination MARITIME PEACE RDM/ATW/BMN/TLB/NAN XU CHANG HAI LAX/VCW/MZL MARY H CAM/NFK/NOL/SAV Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE r— F.E./S.E.A. SERVICE Destination BLUE SKY DBI/ABU/DOH/BRN/DMM/KWT Destination PAN VOYAGER JDH/DMT/BJA STX PO TBN INC/BSN J SAFE DBI/ABU/DOH/BRN/DMM/KWT INC/BSN Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia,
      892 words
    • Advertisement
      Lock icon Page 23 Advertisements Column 2
      688 23 |il DONGNAMA LINE OOWTAIMmtIP IWWCI vrssa (m*r sun) voy I sgp hkg KOTA HARTA HTM74 04/02 04/07 KOTAHAMAH HIA2S3 1 11/02 IS/02 VISSfL (EVERT SUN) VOY SGP HKG (HIT) TKY TOK KOK MOIFORTUNE ***** 04/02 01/02 12/02 13/02 15/02 MOIGLORY ***** 11/02 15/02 19/02 20/02 22/02 VtSSfl (FVKY F*l) VOY
      688 words
    • Advertisement
      Lock icon Page 23 Advertisements Column 3
      714 23 IINTHAStA RORO fWViCI VBSEL/VOY RAMPQtI) HBGHTW PKG KCH 13 SM JKT I STRAITS EXPRESS 2 30 4 25/01 28/01 30/01 STRAITS EXPRESS 3 30 4 02/02 04/02 08/02- 11/02 13/02 STRAITS EXPRESS 4 30 4 04/03 01/03 11/03 13/03 I AUSTRALIAN RORO s«tViCi 1 vcsa/vor ramped hbgwtw la i sw
      714 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      1557 24 WAN HA! INTERNATIONAL PTC LTD cr NO: **********0/* V: rA iiiaii II a Ti1:*****5M (14LINES) FAX:*****163 \\\N 1 WAN HAI I INr\ CmfwnerServw/BookingjDM Lin* (1800)*****200 V 11 ffnll llnl LIIILJ PH1TH:(*****4t1(MMX:(03)*****31 PBt 11L(04)*****00MX:(04)7296W9 V JOH IE: (07) 251W23 MX: (07)251»W1 9* TO: (031) *****75 MX: fUI) 32*2714/ 32*1305 WWW w.nL;
      1,557 words
    • Advertisement
      Lock icon Page 24 Advertisements Column 2
      1261 24 |T|n EASTERN CAR LINER, LTD \j 1 SPECIALIZE IN RORO 9. HEAVY UFT UPTO 450 TOMS WT*A-ASIA ««VW vor lap Ufttoil SIN I TFT PKL(N) PKL(W) PNN JKT SUB ICB MUM ITU |BATANGAS| BRISA AZUL I? 35 SO 01/07 I 02/0? 05/02 ~O7W CMd 18 IMi I 1H783 —mr EMERALD
      1,261 words
    • Advertisement
      Lock icon Page 24 Advertisements Column 3
      169 24 BREAKBULK A CONVENTIONAL SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI VtSSa I VOYAGE ETA SINGAPORE ETAKARAChTI MALAKANO 1C 20-25 02.2007 30-05.03.2007 wift SEA-PAC MANAGEMENT PTE. LTD. 70 Anson Rood *17-07/08 Aptx Tow*, Singapore *****5 T*l«phoo«: 4270 0977 VII FacsimiU: 4275 2309 XII T«Uju RS ***** SCAPAC DIRECT SIN NAMPO, D.P.R.
      169 words
    • Advertisement
      Lock icon Page 24 Advertisements Column 4
      666 24 w aoaazz* WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS VESSEL ni sw nunc COIOMIC W SHtW COtOMBO imam mi ?3jm vm ajti jam JSSSMJ! ssas ZU«!__2lj4!L__Sii£s W W -IiSI HOUPtIWm ttWW7 OtFB 07FB 10FB 13 ft! 17FEB ALSO KOTTMC KI ID COOSt TUTKOMNI GOA
      666 words
Page thumbnail Page 25
  • The Business times shipping Times
    • Article
      Lock icon The Business Times Shipping Guide Export
      6602 25 ETA ETA Advcrtser Vessel Voyage Telephone SM Dcsfn Njmi Man* Number Number MHMMNNMMMNHNNMNMHHMNMiMMMMMMnMMMMMMHMNMt To ABIDJAN (ABJ) 2003 Cote D'lvoire 14/02 1*03 Del mas VERONIQUE DtLMAS 709W *****344 17X12 26/03 Delmas NALA DtLMAS 710W *****344 lb ABU DHABI (AUH) 2004 U. A. Emirates 05/02 19(02
      6,602 words
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      548 25 UWMMMMSmm I VESSEL VQY PKL I SIN I KARACHI DXB BAB PMM BIK KHOB IRAN BAABAEI KL 8186 29/01 30/01 08/02 11/02 12/02 18/02 20/02 22/02 IRAN SATTARI KL 8187 10/02 11/02 20/02 23/02 24/02 02/03 04/03 06/03 IRAN SHAHRYAR PCL 8188 16/02 17/02 26/02 01/03 02/03 08/03 10/03 12/03
      548 words
    • Advertisement
      Lock icon Page 25 Advertisements Column 2
      481 25 576i -fflkn Bn paiiahm m rn nratm to A K7B? 9IOIW Sfjii 5T755 nrma ws Tffi? rcTire PKIAH6A HI7H 31/01 51/W PMUHTAII 931* 1«V0? M'/« VESSEL VOT SJN PKU VESSEL MK ffWAT HtM M/ 51 ***** PACUNGKA m\ Wm ?770i wp way Z ajg rw mium nn ssfti sffii lassl
      481 words
    • Advertisement
      Lock icon Page 25 Advertisements Column 3
      315 25 rjsj GLORY NAVIGATION GROUpI I( SINCE 1970 I OWNS OPERATES THE YOUNGEST FLEET WITH TWELVE 7,000 DWT TWEEN DECKERS I COVERING THE ENTIRE ASIA PACIFIC PORTS I a REGULAR WEEKLY SERVICES: B IKAOHSIUNG A CHINESE PORTS, HONG KONG TO J> FROM I SOUTHEAST ASIA I SMGATORE HUf WOON SHfPING (S)
      315 words
Page thumbnail Page 26
Page thumbnail Page 27
  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • Article, Illustration
      Lock icon S'pore SMEs to spend US$1,8b on IT in '07
      854 27  -  AMI says 8.4% growth in IT spending good for mature Singapore economy, writes AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY SMALL and medium-sized enterprises (SMEs) in Singapore are on track to spend as much as US$l.B3 billion on information technology this year,
      854 words
    • Article
      Lock icon DBS to take back IT staff from IBM
      517 29  -  Re-hiring exercise involves staff from both Singapore and Hong Kong By ROLAND LIM IN WHAT could be the start of an insourcing trend, DBS has decided to take back some of its 500 IT staff who were previously transferred to IBM in
      517 words
    • Article, Illustration
      Lock icon 02 powers back with new 3G devices
      446 29  -  By KENNETH JAMES ITS XDA products were a revelation, combining PDA and mobile phone functions in handheld touch-screen devices that were as elegant as they were powerful. Then came its foray into the larger smartphone market, where it found itself losing mind and
      446 words
    • Article
      Lock icon YouTube will begin sharing revenue with users
      496 29 AP [DAVOS] You Tube cofounder Chad Hurley made news at a meeting of some of the globe's most powerful people on Saturday, announcing that his wildly successful site will start sharing revenue with its millions of users. Mr Hurley, who became fantastically rich
      AP  -  496 words
    • Article
      Lock icon Lenovo plans to sell consumer computers in US
      227 29 Bloomberg [DAVOS] Lenovo Group Ltd, China's biggest personalcomputer maker, said it plans to enter the consumer market in the US within the next two years. "You'll see us getting into consumer business." William Amelio, Lenovo's chief executive officer, said in an interview.
      Bloomberg  -  227 words
    • Article, Illustration
      Lock icon <what's up>
      162 29  - &lt;what's up&gt; Compiled by WINSTON CHAI Broadband on the go with Samsung's slim slider SAMSUNG has introduced the Ultra Edition 13.8, a slim 3G handset which allows users to surf the Web at broadband speeds. It supports High-Speed Downlink Packet Access, the Infocomm reality show to hit TV screens in
      162 words
    • Article, Illustration
      Lock icon Asia the main culprit for malware
      522 29  -  By WINSTON CHAI BESIDES being home to some of the world's fastestgrowing economies, the Asia-Pacific region now holds the dubious honour of overtaking the United States as the top contributor to the cyber world's biggest headache, malicious software or malware. According to Sophos' Security
      Souce: Sophoslabs  -  522 words
    • Article, Illustration
      Lock icon LG puts the designer touch on new handset
      235 29  -  By WINSTON CHAI WHILE Apple's muchtouted iPhone is set for its Asian debut only in 2008, LG Electronics aims to whet consumer appetites sooner with its own touch-screen handset with a designer's touch. The Korean firm has joined hands with luxury fashion
      235 words
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      541 27 HOT SPOT The Asia-Pac region is now the top contributor of malware. pg 29 •11 11 1 CISCO Hp wtm 1 jm In the hyper-competitive travel services market in Singapore, Abacus Travel Systems knew exactly what it needed to do to differentiate itself: offer its customers travel agencies and online
      541 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      694 28 BT ADVERTORIAL Driving Express by Hitachi IkSS I boasts advanced monorail /I technology that offers passengers a safe, reliable ride Wr tigf k \Jr r 5%^ INCE January this year, getting to jVy L f Jp HH|Mf TtMJBHBWM)BMB|MBBSy** Sentosa has become a breeze with p ijfl WL the $140 million
      694 words
Page thumbnail Page 29
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      256 30 Congratulations to OSK Investment Bank DMG Partners is proud to be part bf this new strategic transformation Since 1987, investors around the region have relied on DMG Partners for their financial needs. OSK Group's strategic transformation into a comprehensive DMG Partners provides a wide suite of financial products and services
      256 words