The Business Times, 30 May 2007

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Microfilm: NL27708
Total Pages: 53
1 54 The Business Times
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  • Title Section
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    20 1 The Business Times SINGAPORE 85 cents online at http://business-times.asial.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Wednesday, May 30,2007
    20 words
  • Article
    Lock icon Good times for high-end retailers as Singaporeans splurge in Q1
    681 1  -  Fine dining, luxury goods sales soar as economy booms By UMA SHANKARI [SINGAPORE] Just how confident people are about the Singapore economy has been spelled out in a report on lavish spending by charge card holders. Jewellery, haute couture, luxury
    681 words
  • Article, Illustration
    Lock icon Many firms still need convincing on good governance: Tharman
    936 1  -  Transfer of corporate governance role to MAS and SGX is not about imposing more rules, he says By SIOW LI SEN [SINGAPORE] Many boards and directors of listed companies still need to be convinced of the value of good corporate governance
    ARTHUR LEE  -  936 words
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  • TOP STORIES
    • Article
      Lock icon Temasek buys stake in Aussie childcare group
      552 2  -  It'll pay A5401.5m for 12% stake in global giant ABC Learning Centres By ANGELA TAN [SINGAPORE] Temasek Holdings is to invest A 5401.5 million (Ssso2 million) for a 12 per cent stake in a company said to be the world's largest provider of
      552 words
    • Article, Illustration
      Lock icon Pull-out due to support package differences: EDB
      404 2  -  But board is still wooing foreign institutions CLOSURE OF UNSW CAMPUS By JANICE HENG [SINGAPORE] The risks proved too great for the University of New South Wales (UNSW) Asia to continue operating its Singapore campus when talks on a revised support package fell
      404 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      545 2 Keppel Corp, CapitaLand are big winners KEPPEL Corporation and CapitaLand emerged as the big winners at last night's Singapore Corporate Awards 2006. Keppel swept gold for best managed board, best annual report and best investor relations in the big-cap companies category. CapitaLand won gold for Chief Executive Officer
      545 words
    • Article
      Lock icon MARKETS DIGEST
      134 3 STI 3,527.08 (+13.71) ST INDEX FUTURES 3,527.00 (+14.00) SIMSCI 435.07 (+1.62) SIMSCI FUTURES 435.10 (+1.00) MARKETS Tuesday Change KLCOMP 1,343.00 -2.99 NIKKEI 225 17,672.56 +84.97 HANG SENG 20,469.59 -60.17 SET INDEX 727.79 -0.14 JAKARTA COMP 2,058.736 -18.022 MANILA COMP 3,452.62 +9.06 SEOUL COMP 1,661.80 +3.89 SHENZHEN B 745.15
      134 words
    • Article, Illustration
      Lock icon Keppel Corp, CapitaLand are big winners
      708 3  -  SINGAPORE CORPORATE AWARDS 21 companies, two CEOs and two CFOs honoured at last night's ceremony By SIOW LI SEN [SINGAPORE] Keppel Corporation and Capita Land were the two big winners at last night's Singapore Corporate Awards 2006. The awards honour companies and individuals with
      PHOTOS: ARTHUR LEE  -  708 words
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      247 2 BT ONLINE 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. y f y*- 4 V w ':-d OSIM s INTERNATIONAL TRIATHLON 2007 «jfc* ,v »v- dBS EVENT SWIM CYCLE RUN
      247 words
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      118 2 people Black belts wanted. www.thepeopleatwork.com Asia-Pacific Executive Search Attract more interest from investors. Place your IPO notice Panasonic Made by Panasonic, Tuned by Hollywood ideas for life 1 fr: >.i M jK |S|p9! I HnHpill II .'.r.e'e (.u"iase PT-AX100: Anson Audio. #01-19 The Adelphi, Tel: 6883-1020 •AV One, #01-10 The
      118 words
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      169 3 1,, 1 /mm r 'J I |e# i i> iA |< H *Kg r§*fj I 1: m P 'Ml B i |*i I P HH |s, i pajSSLL, I l mk ||.|4 kg. Zfisl S6fc_l iJL 3F 11 I aj|%££ ij|| START A FEW HEARTS RACING. This is power you
      169 words
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  • COMPANY NEWS
    • Article
      Lock icon Wing Tai's China push: still not too late
      775 4  -  HOCK LOCK SIEW KALPANA RASHIWALA ING Tai's announceJjf ment on Monday that m m is h ea( in B a our J|f member consortium m M m that will invest US$l M billion in the China Wm property market certainly hit the
      775 words
    • Article, Illustration
      Lock icon H-shares to be re-rated following relaxed policy
      574 4  -  By extension, China firms listed here will also be re-rated By TEH HOOI LING THE Chinese government's policy relaxation to allow commercial banks to invest in approved overseas stock markets would lead to a structural re-rating of Hshares in Hong Kong, and by
      FILE PHOTO  -  574 words
    • Article
      Lock icon COMPANY BRIEFS
      416 5 Japan Land's profit rises 37.3% JAPAN Land's net profit rose 37.3 per cent to $8.9 million for the year ended March 31 while revenue dipped 1.2 per cent to $175.8 million. The revenues were derived from the Japanese developer's operations in Japan and were largely maintained despite the
      416 words
    • Article
      Lock icon OCBC may raise stake in Bank of Ningbo
      360 5 Chinese bank's IPO may dilute S'pore lender's 12.2% shareholding Reuters OVERSEA-Chinese Banking Corp (OCBC), Singapore's smallest lender, said yesterday that it may raise its stake in China's Bank of Ningbo after the Chinese lender's initial public offering. OCBC bought a 12.2 per
      Reuters  -  360 words
    • Article
      Lock icon Seamless trade in Jade CPO futures
      309 5  -  By JANICE HENG INTERNATIONAL trading of the crude palm oil (CPO) futures contract that the Singapore-based Joint Asian Derivatives Exchange (Jade) is launching on Wednesday next week is set to be seamless. This follows the US Commodity Futures Trading Commission's grant of "no-action" relief
      309 words
    • Article
      Lock icon Indonesia turns down Olam's sugar bid
      190 7 Bloomberg INDONESIA yesterday cancelled a tender for 35,000 tonnes of raw sugar after rejecting bids from a unit of Singapore-listed Olam International Ltd because the price was too high. PT Olam Indonesia offered to supply 17,000 tonnes at US$33O a tonne after its May
      Bloomberg  -  190 words
    • Article
      Lock icon STI may reach near 4,200-level by year-end: Credit Suisse
      599 7  -  Report sees all 3 S'pore banks outperforming broader market By CONRAD TAN THE Singapore stock market is expected to grow by a further 19 per cent by yearend, driven by strong corporate earnings amid robust growth in the broader economy, Credit
      599 words
    • Article
      Lock icon Hongwei expects new product to contribute at least 10% of profit
      311 7  -  Anti-flammable synthetic cotton seen fetching higher selling price By LYNETTE KHOO HONGWEI Technologies, a China-based producer of polyester differential fibres, said it expects its new antiflammable synthetic cotton product to contribute at least 10 per cent to its gross
      311 words
    • Article
      Lock icon Rowsley reports full-year net loss of $21.5m
      406 7  -  By CHARMIAN KOK ROWSLEY Ltd, which recently unveiled plans to buy a China solar energy company in a $2.7 billion reverse takeover deal, found itself deeper in the red for the year ended March 31. The group yesterday reported a 12-month net loss
      406 words
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      89 4 »< Meetings with definite difference. An experience which ultimately leads to -m? &*™mm RM29s++ per Inclusive: |3bSHh^|^|^• 2 Days /1 night accommodation ■BWHBHBSh^F^P in a Deluxe room or higher category Wr W wife." Buffet breakfast f M j l M < f—' >\ •AM& PM tea break Lunch dinner SJSSSiS3e^
      89 words
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      97 5 Belmont Road 27,300 sqf $19.xM Binjai Pk 20,300 sqf $14.xM Bishopsgate 17,000 sqf $17xM Cable Road 36,000 sqf $27.xM Cluny Hill 16,000 sqf $18.xM East Sussex Lane 15,100 sqf $15.xM Garlick Ave 13,000 sqf $10.xM Holland Road 10,000 sqf B.xM Jervois Road (New) 15,000sqf $13.xM Leedon Road 18,300 sqf $14.xM
      97 words
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      415 5 SINGAPORE'S MOST MODERN SPECIALIST CLINICS. NOW FOR LEASE. Novena Medical Center offers doctors a rare opportunity to lease a medical suite at the center of Singapore's newest state-of-the-art specialist clinics. Consider that it's in a prime location in a market set to experience incredible growth, this is the chance of
      415 words
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      2750 6 Voluntary Conditional Cash Offer by HSBC^ The Hongkong And Shanghai Banking Corporation Limited (Branch Registration No.: F*****M) (Incorporated in the Hong Kong SAR) for and on behalf of Dubai Drydocks World LLC (Trade License No.: *****5) (Incorporated in Dubai, United Arab Emirates) to acquire all the issued and paid-up ordinary
      2,750 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Late push at work again as STI rises
      525 8  -  STOCKS Final-minute support for index-linked stocks gives impression of firm market R SIVANITHY Senior Correspondent FOR the second day running, a late push on a handful of index-linked stocks helped the Straits Times Index (STI) yesterday to reverse an earlier fall and
      Source Bloomberg  -  525 words
    • Article
      Lock icon BROKERS' TAKE
      1004 8  -  Compiled by UMA SHANKARI Raffles Education Corp May 29 close: $2.08 CREDIT SUISSE, May 28 STRONG earnings momentum: Raffles Education's China footprint, its growing college network across Asia and strong franchise in design programmes position it well for the robust outlook for private education. The key earnings driver
      1,004 words
    • Article, Illustration
      Lock icon Untitled
      919 8 SECURITIES TRADING SCOREBOARD MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multilnd 593 010 S10 3 Manufacturing 47 96 67 12 9 27 59 105 94 Commerce 21 34 24 3 8 10 24 42 34 Tpt/Stor/Comms 17 14 13 0 3 0 17 17 13
      919 words
    • Article, Illustration
      Lock icon Upbeat Japanese data lifts yen
      410 8 CURRENCIES AFP [TOKYO] The yen gained ground in Asian trade yesterday on rising confidence in the outlook for the Japanese economy after unemployment hit a nine-year low and consumer spending rose, dealers said. They added, however, that the optimism was tempered by political concerns following
      AFP; AP  -  410 words
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      211 9 hSSStb #B1 -55/56/57 hellolßugb Junction #01-50/50 A helolCauseway Point #81-1«/18 31 Exeter Rd MMCompaM Point #81-04/05 hrtWOUl Centre #01-01 (Closed on Sundays and Pubic Hoidays) he«o»arkway Parade #61-01/02 heWTamplnei Mai #02-13/14/15 helolW.it Mai #01-38/39 he*>lTakash»maya $.C. #82-12 SlngTell Shop®NUS Yusof Ishak House (Closed on Saturdays. Sundays, Public and School Holidays)
      211 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Merger notification process sped up
      214 10 WITH the new merger regime taking effect from July 1, Companies will be able to notify the Competition Commission of Singapore (CCS) on both anticipated and completed mergers for a decision on whether the merger infringes section 54 of the Competition Act. The CCS will
      214 words
    • Article
      Lock icon M'sian DPM assures foreign investors of IDR
      494 10  -  Policies will be consistent Johor crime rate will be tackled: Najib By LYNETTE KHOO MALAYSIAN Deputy Prime Minister Najib Tun Razak has assured foreign investors of the consistency of government policies relating to the Iskandar Development Region (IDR) in a two-day roadshow here
      494 words
    • Article
      Lock icon NWSC unveils water safety promotion programmes
      266 10 THE National Water Safety Council (NWSC), set up last month to enhance and promote water safety here, announced its plans for 2007-2008 yesterday. The three strategic areas NWSC will address are water safety education, water safety skills training, and ensuring safe swimming pools and
      266 words
    • Article
      Lock icon $233.74 psf ppr top bid for second DBSS
      420 10  -  By ARTHUR SIM THE Housing and Development Board (HDB) tender for its second Design Build and Sell Scheme (DBSS) has closed with the top bid of $233.74 per square foot per plot ratio (psf ppr) double the $113.64 psf ppr price for
      420 words
    • Article, Illustration
      Lock icon Stanchart holiday plans for rich kids
      294 10  -  By CONRAD TAN STANDARD Chartered Bank has launched a series of sports and other holiday activities for children of its wealthy customers, as part of a wider effort to position itself as the top wealth management business here. "There is clearly an opportunity to
      294 words
    • Article
      Lock icon Ruling will save companies taxes
      396 10  -  Manufacturing plant exempted from property tax By WEE LI-EN COMPANIES which have plant and machinery used for manufacturing, processing or other industrial purposes may be able to save tax dollars following a High Court decision, tax lawyer Tan Kay Kheng says. As a result of
      396 words
    • Article
      Lock icon SINGAPORE ROUNDUP
      269 10 URA releases details on reserve site THE Urban Redevelopment Authority (URA) has released the detailed conditions for a reserve site at Yishun Avenue 6 for industrial development. This is one of two new industrial sites that are scheduled for release on the reserve list in the Government Industrial
      269 words
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      557 11 offer the right consultancy Advice r t^SvSSSnM77j3P^ or centuries have consulted Geomancy masters and experts for advicdSfi W i flB V mfm JHb affects&glSi® lives. Today, this practice has propagated to the business world as *§11. J particularly those in Asia, often turn to Feng Shui or Geomancy f| In
      557 words
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  • SINGAPORE INTERNATIONAL
    • Article, Illustration
      Lock icon A chance to get filthy rich in China
      1204 12  -  S'pore companies experienced in waste disposal and management can help China solve its huge problem, reports CHUANG PECK MING CHUANG PECK MING LEARING rubbish is a growgjr ing business, and nowhere more so than in China. Singapore, which has been keeping things
      REUTERS  -  1,204 words
    • Article, Illustration
      Lock icon Medical waste management could be UE's next growth engine
      483 12  -  By CHUANG PECK MING MOVING into the Chinese market in 2002 came at just the right time for United Engineers (UE). It was just a year before Sars hit and while the disease killed hundreds of people and terrified many more,
      483 words
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      203 12 II 3 ;r=r The Business Times Singapore for Global Opportunities? Discover latest developments in Southeast Asia, China, India and the Middle East W&B Manage recruitment and talent retention challenges across borders gpF Gear up for export and overseas growth SSf Build up firm-level capabilities *f Steer ahead for global growth
      203 words
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      113 13 Cr<££it/jv£uHLs ackf&fttfe iMj I limited V 'S V/r cjL on your promotion to the Mainboard of the Singapore Exchange >$ .f'.! tfo rt n for a new phase of growth Saoh Metal Industries PteLtd TTM Industries (M) Sdn Bhd ■Bpff Tsing Technologies (M) Sdn Bhd jpff pf .11 .--■w.m »m«>
      113 words
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  • ARTS FEST
    • Article, Illustration
      Lock icon Baylene styles a Quartet
      676 14  -  A young designer shows how fashion connects with the arts, reports PARVATHINAYAR PARVATHI NAYAR fjif H T'S not just m about clothing people, but seducing and attracting others not in the sense of showing off but pulling them to you as naturally as gravity," says designer
      676 words
    • Article
      Lock icon Optical Identity promises to be quite a treat
      358 14  -  By CHRISTOPHER LIM MUSIC, visuals and technology will come together in multimedia project Optical Identity from tomorrow till Saturday, when local music ensemble Tang Quartet and Scottish outfit Theatre Cryptic will push the boundaries of their art. Collaborating with them will be
      358 words
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      1192 14 [*AT3 Q& NJOTICFS JL A X JL-/ Toll free: 1800-289-8822 Email: notices@sph.com.sg BUY IT-SELL IT-FIND IT V/ INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED (Incorporated in The People's Republic of China) Head Office 55 Fuxingmennei Dajie, Xicheng District, Beijing, China Tel: 86-10-6610 6027, 6610 6026 Tlx: ***** ICBHOCN Fax: (10)
      1,192 words
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      743 14 JPMorgan Chase Co. Parent company of JPMorgan Chase Bank, National Association JPMorgan Chase Co. JPMorgan Chase ft Co. Condensed Consolidated Statement of Income Condensed Consolidated Balance Sheet For the year ended December 31, 2006 December 31, 2006 In millions, Revenue except per share data Assets In millions Investment banking fees
      743 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Ringgit and yuan unlikely to always move in step: M'sia
      541 15 Minister says comparison with China unit may not be the right one Reuters [KUALA LUMPUR] Malaysia yesterday cautioned investors that its currency and China's yuan would not necessarily move in step with each other, questioning a long-held assumption in the
      Reuters; BLOOMBERG  -  541 words
    • Article
      Lock icon US should cut rates on inflation retreat: OECD
      524 15 It risks budget crisis unless healthcare spending is pared Bloomberg. AFP [PARIS] The US Federal Reserve should begin cutting interest rates only once inflation, excluding energy and food costs, has retreated, the Organisation for Economic Co-operation and Development said. In its annual
      Bloomberg.; AFP  -  524 words
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      50 15 'mM ■•I t f t VJ ,r. *"i 2 v_ 1$' v ST. \O, |f k w*- -f-'i l ;T ,>\- 'fe "> r f S t i v r- t x* 'it r •"X ;< 'VI i >-*' J t Jfe r t I 1 i < i*" j
      50 words
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      342 15 |*|redev Cash Flow from Commercial Real Estate dJlwnA QI/ou to our numerous existing Singapore investors for attending our recent investor partner Appreciation Dinner Reception hosted by our President Mr. Richard Crenian. (former Singaporean now living in Canada) and remind potential new investors who will be paid: 9.8% p.a.* CASH FL0W.....
      342 words
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      762 15 Ik Codperatieve Centrale Raiffeisen-Boerenleenbank B.A. X Heed Office Croeselaan 18, P.O. Box ***** 3500 HG Utrecht, The Netherlands Singapore Branch Rabobank 77 Robinson Road #09-00 SIA Building Singapore *****6 EXECUTIVE BOARD FINANCIAL POSITION AND SOLVENCY Bert Heemskerk (H.), chairman inmHHon»of«uro« 2006 2005 Bert Bruggink (A.) Total Equity 29,377 26,349 Hans
      762 words
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  • INDONESIA
    • Article
      Lock icon Mandiri to lend 2t rupiah to Telkomsel, Indosat
      250 16 Reuters [JAKARTA] Indonesia's largest lender. PT Bank Mandiri Tbk, plans to lend up to two trillion rupiah (Ss3so million) each to the country's top two mobile phone operators, the bank's president director said yesterday. Agus Martowardojo told reporters that Mandiri was in
      Reuters  -  250 words
    • Article
      Lock icon Meet deadline or lose licence, Jakarta warns oil firms
      466 16 Total and Chevron among 25 companies whose contracts may be revoked Reuters, Bloomberg [JAKARTA] Indonesia is considering revoking licences of oil companies that fail to start developing oil and gas fields within 10 years, a senior government official said on Monday.
      Reuters,; Bloomberg  -  466 words
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      533 16 Poolside Cafe I UVH 4 Penang Food Fair by the pooiside in alfresco setting Lunch promotion rr mirkn 4U „f in p Savour the BBQ Beef, lamb Chop, Chicken, in the month of_/une Prawns Salmo Squid and many more Served daily on weekdays specialities prepared by our chefs from 11.45
      533 words
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      150 words
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      52 words
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      2 16 Gato Negro
      2 words
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  • MALAYSIA
    • Article
      Lock icon Tanjong buys global energy firm
      436 17  -  RMl.7b deal boosts its international foray with 7 power plants abroad By S JAYASANKARAN in Kuala Lumpur WORKING out from Kuala Lumpur, senior officials from power, property and gaming firm Tanjong trumped 10 international bidders by early Monday morning to clinch a RMI.7 billion (*****.6
      436 words
    • Article
      Lock icon Maxis to spend as much as RM15b to expand Asia services
      252 17 Bloomberg [KUALA LUMPUR] Maxis Communications Bhd, Malaysia's biggest mobile operator, will boost its annual spending more than three times to expand high-speed services and raise coverage in Asia as mobile user growth slows at home. The Kuala Lumpurbased company
      Bloomberg  -  252 words
    • Article
      Lock icon Rotterdam to develop 'halal superhighway' with Mihap
      428 17  -  They will initiate pilot projects on halal shipments By PAULINE NG There was also the possibility of attracting related businesses to the port. Over the past decade, Malaysia has emerged as a strong proponent of Islamic services and products, and is a leader
      428 words
    • BRIEFLY ASIA
      • Article
        Lock icon Ex-head of China food watchdog gets death
        107 17 Reuters [BEIJING] China sentenced the former head of the State Food and Drug Administration to death for corruption, state media reported yesterday, in an unusually harsh sentence which could be reduced on appeal. Zheng Xiaoyu was convicted on charges of taking bribes and
        Reuters  -  107 words
      • Article
        Lock icon Businessman on China rich list arrested
        89 17 Reuters [BEIJING] Chinese police have arrested a businessman once listed as one of the country's 100 richest men on fraud charges, state media reported yesterday. Sun Shuhua was arrested on Monday in the central province of Henan, suspected of swindling 1.36 billion yuan (*****.7
        Reuters  -  89 words
      • Article
        Lock icon Hsieh nominated for Taiwan president
        79 17 AP [TAIPEI] Taiwan's ruling Democratic Progressive Party (DPP) formally nominated former premier Frank Hsieh as its presidential candidate yesterday, capping an unlikely comeback for the sharp-tongued lawyer who burst into prominence defending political dissidents 27 years ago. Mr Hsieh, 61, clinched the presidential nomination by
        AP  -  79 words
      • Article
        Lock icon Indonesia raises budget deficit target
        105 17 Reuters [JAKARTA] Indonesia raised its 2007 budget deficit target yesterday after cutting its revenue forecasts and said it may increase substantially its bond sales to finance the bigger shortfall. Finance Minister Sri Mulyani Indrawati told Parliament the government was proposing to increase the budget deficit
        Reuters  -  105 words
      • Article
        Lock icon Earthquake strikes off Indon coast
        54 17 AFP [JAKARTA] A strong 6.1 magnitude quake struck off north-east Indonesia yesterday, cutting off power supplies in a nearby town, the Meteorology and Geophysics Agency here said. The undersea quake struck at 6.36 pm just 40 km south-east of Labuha town on Bacan island in
        AFP  -  54 words
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      161 17 K-. -!.'jgr 4 *fc r r'3*- v INTIMIDATING IN STYLE. NEVER IN PRICE. from $155,000 **-K: feftii T ,«Hfc¥MP ,-V-V' ,-f •v- v > v" '■■'>" .'-•*< >-x<^ CHRYSLER 300 C CHRYSLER 300 C TOURING 1 ■S 1 I O I t 5 a f'i -i i THE CHRYSLER 300
      161 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon IMPERIAL THRONE FOR CASINO KING
      236 18 Reuters, Bloomberg [HONG KONG] The king of Macau's gambling industry, Stanley Ho, yesterday paid HK513.76 million (552.7 million) for an imperial throne at an auction here that Christie's said was the highest ever bid in that art category. Mr Ho, 85, made the winning bid
      Reuters,; Bloomberg; AFP  -  236 words
    • Article
      Lock icon BURSA MALAYSIA
      2470 18 VOL May29 RM ♦<- C000) A&M Realty .2.51 -0.05 16 Abric Bhd .0.29 -0.01 5 Advance Synergy —0.29 -0.01 254 AdventaBhd 1.20 -0.01 119 Ae Multi Hldgs 0.30 -0.02 81 Affin Holdings 2.33 -0.01 1220 Ahmad Zaki Resou 2.94 0.01 33 AicCorp 0.55 -0.01 45 AirdSld Bhd .2.01
      2,470 words
    • Article
      Lock icon China may lift ban on direct individual investment overseas
      311 18 AFP [BEIJING] China may soon give the green light to individual direct investments in overseas stock markets in a bid to ease excess liquidity and growth in foreign exchange reserves at home, state media reported yesterday. The regulator may also allow
      AFP  -  311 words
    • Article
      Lock icon HK bourse looks beyond China for listings
      493 18  -  Territory fears losing core business as mainland seeks to develop its own markets By JANE MOIR in Hong Kong HONG KONG'S stock market is finally looking further than China for listings as the gravy train of mainland IPOs begins to slow, but many
      493 words
    • Article
      Lock icon China stock accounts top 100 million for first time
      201 18 Reuters [SHANGHAI] The number of stock accounts in China has likely exceeded 100 million for the first time, as investors are lured to a market which has jumped 60 per cent so far this year, the official Shanghai Securities News said
      Reuters  -  201 words
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      165 18 Of course, you can go on to buy a bigger SUV. But would tftat be-politically correct? JrWjtohtoc*,.. With the Terios 1.5 L Crossover, r_ you can be more socially responsible. $Q*r ii EMim 11H vnwnfZfiw^fvyiVWKTTTTrEITIT^YTTiYTTSTMTVI Up till now, most SUVs are large, thirsty behemoths that seldom leave the paved roads.
      165 words
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  • INDIA
    • Article, Illustration
      Lock icon BSE market cap crosses US$11t milestone
      335 19 [MUMBAI] The Bombay Stock Exchange (BSE) crossed the US$l trillion milestone in terms of market capitalisation on Monday on the back of soaring share prices and an appreciating rupee, the Press Trust of India reported. The combined market value of all the companies listed
      AP  -  335 words
    • Article
      Lock icon Tata, Vietnam Steel plan to build US$3.5b plant, mine
      401 19 Tata Steel to take 65% stake in 4.5 m tonne plant, hold 30% of mine Bloomberg [HANOI] Tata Steel, the world's sixth-largest steelmaker, and Vietnam Steel Corp plan to spend US$3.5 billion on a steel-and-iron ore venture in the Southeast Asian
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    • Article
      Lock icon The new name of the game: beware of 'benami'
      243 19 The Economic Times [NEW DELHI] A move is afoot in India for the government to acquire and auction property held under false names. A proposed amendment to the current law on benami transactions being processed by the Law Ministry at present
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      2297 19 WAT-3 m NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg I BUY IT -SELL IT -FIND IT KIOD /I R Head Office Friedrichswall 10, D-***** Hannover, Germany kll Tel: (0511) 361 0 Fax: (0511) 361 2502 Norddeutsche Landesbank Girozentrale Singapore Branch 6 Shenton Way #16-08 DBS Building Tower 2, Singapore *****9 Tel:
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  • MIDDLE EAST
    • Article
      Lock icon Pogo sells Canada unit to Abu Dhabi National for US$2b
      272 20 Northrock sale comes after pressure from big investors Bloomberg [HOUSTON] Pogo Producing Co, a US oil and naturalgas producer, has agreed to seli its Canadian unit to Abu Dhabi National Energy for US$2 billion in cash. The sale of Northrock
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      Lock icon 2nd term for Syria president
      227 20 AFP [DAMASCUS] Syrian President Bashar al-Assad has won a second seven-year term in office after netting more than 97 per cent of the vote in a referendum, the interior minister announced yesterday. Bassam Abdel Majid told a press conference that Mr Assad, 41, won a
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    • Article
      Lock icon Al Fahim buys 30% stake in The Big Bus Co
      236 20 Reuters [ABU DHABI] Owners of London-based The Big Bus Co, which runs hop-on hopoff tourist buses in the British capital, Baltimore and Dubai, sold a 30 per cent stake to a Gulf Arab family, Abu Dhabi's A 1 Fahim Group
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      Lock icon UNIT TRUSTS & FUNDS
      1324 20 UNIT TRUSTS FUNDS urcn 1 i mm. AMGM»«Minia «Ji r*c rwttotb w* (D«*iW in uu5» axwg iJSPvSi oSkwwkJ iwmoo* I ia Sga?5gSgL gftgfl&t jj™* ESIEME1 iiSxsEiis wfinot^Sr^wfca gs:sgsfflr=; s# ££53~ .ussss ££?<& a lass fir"r=; :i pa== 8 lilii =!i wm=& f ife=i ii SBS iSi! sSST ssisw ~I aB»geA&
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      53 20 Allianz Global Investors one of the world's largest asset managers with more Allianz i 171 nAmmhar Global Investors than US$l.2 trillion assets under management as at 51 uecemDer zuuo SCORE IN EMERGING MARKETS Try our online quiz at www.fronklintempleton.com.sg and win attractive prizes!* FRANKLIN TEMPLETON INVESTMENTS *Terms and conditions apply.
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  • ASIA-PACIFIC/WORLD
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      Lock icon Thai judges set to decide whether to disband parties
      391 21 Decision expected today, could plunge nation into chaos Reuters [BANGKOK] Security has been tightened in the Thai capital as the country's top constitutional judges were set to decide today whether to disband two major parties and ban their leaders from politics
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      Lock icon RBS leads group in 71.1b-euro offer for ABN Amro
      626 21 New deal ups cash portion of past bid; beats rival Barclays' 64b euros offer AP, Reuters [AMSTERDAM] A consortium led by Royal Bank of Scotland has launched a 71.1 billion-euro (*****.5 billion) bid for Dutch group ABN Amro, trumping Barclays in
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    • Article
      Lock icon May consumer confidence rises more than forecast
      329 21 LATEST US DATA Reuters [NEW YORK] US consumer confidence rose more sharply than expected in May as a more upbeat business outlook and a surging stock market overshadowed the impact of record gasoline prices, a survey showed yesterday. The Conference Board said its
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      1113 21 QCIMB CIMB Bank Berhad (i349i-P) (Incorporated in Malaysia) (a) The capital adequacy ratios of the Bank are as follows: ThtßuT T GfOU P nw** 2006 2005# 2006 2005 2006 2005 RM'OOO RM'OOO 000 RM'OOO RM'OOO RM'OOO 5Q***** Casrfand short-term funds 19,069,464 10,115,613 16,721.666 8.905,326 cawtal 4,414,168 2.651.596 Securities purchased under
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  • WORLD
    • Article
      Lock icon Apec to seek cooperation among oil firms
      392 22 More transparency in market, cross-border free flow of oil and gas products needed Bloomberg [DARWIN] Asia-Pacific Economic Cooperation (Apec) nations have agreed to seek closer cooperation between oil and gas companies to improve energy trade flows and supply security. All companies, not just
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      Lock icon MISS JAPAN WINS COVETED CROWN
      143 22 Bloomberg [TOKYO] Riyo Mori won the Miss Universe beauty pageant held in Mexico City on Monday evening, the first Japanese contestant to do so in 48 years. The 20-year-old from Shizuoka Prefecture, central Japan, aspires to become a dancer on New York's Broadway, having started
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    • Article
      Lock icon Slow global growth poses new risks: World Bank
      468 22 Reversal of private capital flows to hit developing nations Reuters [WASHINGTON] Slower global economic growth has increased risks for developing countries, especially if the record levels of private capital that has flowed into these markets is reversed, the World Bank said yesterday.
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      133 22 Wff More choice for smort drivers l I ">*■ 9H I 1231 JHIBV^^^H 1 Choice of Workshop I I OflVO •0% Interest Instalment Plan I B More choice for smart drivers 24-hour Personalised Assistance I drivo™ NTUC Income's NEW Motor Insurance gives you MORE Choice. And YES, 2| a you
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      733 22 PACIFIC ANDES (HOLDINGS) LIMITED (Incorporated in Bermuda with limited liability) NOTICE IS HEREBY GIVEN that a Special General Meeting of Pacific Andes (Holdings) Limited (the •Company") will be held at Ballroom 2, Level 2, Grand Hyatt Singapore, 10 Scotts Road Singapore *****1 on Monday, 18 June 2007 at 10.30 a.m.
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  • MOTORING
    • Article, Illustration
      Lock icon Car insurance premiums fail to rise as forecast
      723 23  -  They remain stable; rather, one insurer is cutting its rates for new policies By SAMUEL EE motorist's case, the estimated AXA premium is expected to be about $1,580. As for NTUC Income, research estimates put its average premiums at 5 per cent
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      Lock icon Hino joins heavy-duty competition in S'pore
      420 23  -  Borneo delivers 12 Euro 4-compliant trucks to CWT By SAMUEL EE IN what could turn out to be a battle of the juggernauts, Borneo Motors has delivered its first batch of Euro 4-compliant Hino prime movers to logistics company CWT Ltd in a deal
      420 words
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      130 23 otl :i T< yy, Sr^irTiri^-1 wmjp" m m m M M rA m( A JSjt it I r* car—» y p I -SO K -y^H .^^■|H|||Hp| —v ~d€aB«MM^M^MBMMMB« THE VOLVO C3O C7o*. WHO SAYS SAFETY CANT BE SEXY? DRIVING A VOLVO HAS ALWAYS BEEN PURE PLEASURE NOW, THE SLEEK UNES
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  • AVIATION
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      Lock icon Concerns over China Eastern deal
      368 24 But Beijing unlikely to scrap airline's plan to sell nearly 25% stake to SIA Reuters [SHANGHAI] China Eastern Airlines' US$l billion equity deal with Singapore Airlines has raised concerns in Beijing over share issuance and the Singapore government's role, sources close to the deal said
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      Lock icon Terminal 3 has 'wow factor': Raymond Lim
      453 24  -  By VEN SREENIVASAN CHANGI Airport's $1.75 billion Terminal 3 is receiving its final touches before it is due to start operations in the early days of the new year. The 380,000 sq m seven-storey terminal, built by Japan's Shimizu Corp, received its Temporary
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      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2421 24 CITY FUCWT ETA fUGMT FTP Abu Dhabi S0456 1300 Adelaide LH9771 1750 LH9770 2345 SQ268 1750 SQ269 2345 Ahmedabad ***** 0740 Amsterdam SQ323 0630 AZ3993 2245 AZ3992 1555 KL838 2245 KL837 1555 L***** 2345 SQ324 2345 Athens SO348 0100 Atlanta AC5202 2335 AC5203 0645 UA895 2335
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      Lock icon Qantas nosedives in Aussie survey; SIA, Rex voted tops
      335 24  -  By VEN SREENIVASAN AUSTRALIA'S national carrier Qantas and its domestic discount unit Jetstar got the thumbs-down from Australian travellers, while Singapore Airlines (SIA) and a Singaporean-owned domestic carrier were voted tops in their respective category. Some 4,000 readers polled by consumer
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    • Article
      Lock icon EADS managers under insider probe
      217 24 AFP [PARIS] Top managers at Airbus parent company EADS knew about aircraft production delays likely to depress the company's share price when they sold their stock options in March, a French daily claimed yesterday. The French stock market watchdog is investigating the stock option sale
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    • Article
      Lock icon Taiwan air force losing ground to China counterpart
      467 24 Partisan bickering puts on ice new jet acquisitions Reuters [TAIPEI] The military balance across the Taiwan Strait is continuing to shift in China's favour, with Taiwan fast losing ground to its diplomatic rival in its last remaining area of dominance in the
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  • Page 24 Miscellaneous
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      140 24 CRYPTIC CROSSWORD DOWN 1 Flourish a cereal bowl (8) 15 Join in a very loud number (5) YESTERDAY'S SOLUTION 1 tepopuS' was Z rally fStM Vanquish. 6 Top dog. 9 wprw 18 i r3rnowork KOOIS ovor with n <« > < 1. << >. Vory smaii w aHHoH vA/oinht Stro
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  • SHIPPING
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      Lock icon ASF to set up permanent office in Singapore
      619 25  -  Landmark move seen as a vote of confidence for Singapore as Asia maritime hub By DONALD URQUHART [SINGAPORE] Asian shipowners have taken a major step in strengthening the global voice of Asian shipping with the setting up of a permanent secretariat to
      619 words
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      Lock icon Orient orders ship from Samsung Heavy
      177 25 Bloomberg [HONG KONG] Orient Overseas (International) Ltd, owner of Asia's sixthlargest container shipping line, has placed a U5566.2 million order for a vessel from Samsung Heavy Industries Co to expand its fleet. The ship, with a capacity of about 4,500 standard 20-foot boxes, will
      Bloomberg  -  177 words
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      1665 25 total integration solutions for shipping companies and tdetr vesseCs Our technology Is the most complete, robust, scalable and fully Integrated end to end solution for maritime Industry. We offer hosting, maintenance, application development, and design, built With the most powerful technologies and I* supported by the most advanced strategic IT
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  • EDITORIAL & OPINION
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      Lock icon Focus on other routes instead
      502 26 EDITORIAL JUST when it was looking increasingly likely that the two governments could ink a deal to open up air routes between between Malaysia and Singapore this year, Malaysian leaders have thrown cold water on the idea. Last week, Malaysia's Deputy Prime Minister Najib Razak
      502 words
    • Article, Illustration
      Lock icon Singapore and Sweden: a partnership in the making
      959 26  -  The two countries have a long-standing tradition of interaction and trade By STEN TOLGFORS IT is sometimes perceived that globalisation is something that has already happened, the effects of which will fade away. But the reality is different: globalisation is only starting
      YEN MENG JIIN  -  959 words
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      Lock icon Investment banks in for big fall due to complacency
      701 26  -  THE BOTTOM UNE NEIL BEHRMANN London Correspondent INVESTMENT bankers and brokers have become so greedy that the Bank For International Settlements (BIS), the central banks' central bank, has found it timely to give them a stark warning. It says that investment
      701 words
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      Lock icon Battle of medical patents gets dirty
      923 27  -  Even as 'big pharma' reels under intense competition from Indian firms for essential medicines, they are fighting a rear guard action YOGI AGGARWAL HE battle over patents for medicines is getting increasingly dirty. Even as "big pharma" reels under intense competition from Indian companies
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      Lock icon EDB backed UNSW from the start
      482 27  -  LETTER TO THE EDITOR Ko Kheng Hwa, Managing Director, Economic Development Board EDB regrets the decision by UNSW to close its Singapore campus but respects it as a business decision the UNSW has taken after finding that the initial student intake had fallen considerably
      482 words
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      Lock icon Thailand has every right to defy unfair patents
      747 27  -  ANDY MURKHERJEE HE United States is angry with Thailand for encouraging copycats to undercut American intellectual property. The Commerce Department in Washington wants Thai officials to reverse their controversial decision to break patents on several drugs used in treating AIDS, heart ailments
      747 words
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  • Article
    Lock icon SINGAPORE STOCKS
    9004 28 SGX MAINBOARD Transaction date: May 29 52-Wk Tel Last Vol Day Last Quote Div GrVM Net MCap High Low Code Company Sale +1- 000) High Low Buyer Seller Cvr Wt Sb»I j 18 6 3148 WhSSST*"" 17 !o? 1336 17.5 17 16 5 17 4 7 0 9
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      42 28 phoenix KaBIW widd WIS 11(11 Mfl wfL lil China I i 10< 1 Pranca W< Make an affordable call w** w HOO9 Kong CI Ot I Italy I lot —IBBMBi— Japan I J 1* K|F"ff Free Subscribe Now! J jt 1 mi
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  • Article
    Lock icon FINANCE & COMMODITIES
    5893 29 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In SS In US$ dy yr dy yr dy %yr May28 Index Change Change Change Change Change Change World Index Preliminary 1179.5 0.1 7.2 0J 75 0.1 7.9 t EAFE Preliminary 1187.1 0.2 72 02 7.7 0.2 8.1 Europe Preliminary
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      1712 30 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination NIPHANAREE RDM/ATW/BMN/TLB/NAN STXPOTBN CAM/NFK/NCX/SAV Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.EJS.E.A. SERVICE Destination Destination PAN VOYAGER DBI/ABU/DOH/BRN/DMM/KWT STXPOTBN INC/BSN PAN BRIGHT JDH/BJA LAURADA DBI/DBU/DOH/BRN/DMM/KWT Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES Tramping for bulk,
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      681 30 IINTIRAHA ROUP SIKVICI VCSa/VOT RAAPffT) WGHnm PRO KOj ia sm *T STIAITS SUCCESS 17 10 43 22/05 STUAITS EXPRESS 11 30 4.0 27/05 31/05 03/04 05/04 IAUSTtAUAN tOtO SERVICE VCSa/VOT RAMPffT) HBCHIP) I ICi I SIN I II SYP MB API FRI POSITIVE LEADER/010 100 5.0 11-12/05 24-24/05 28-28/05 30-31/05
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      1536 31 WAN HAI INTERNATIONAL PTE LTD aNO nmsmmoo/R rTrA till P T1L*****338 (14LINES) FAL6224U63 1 WAN HAI I INFS S«Yk./lookingsDfractUrn-(1800)*****200 Y V "W1 Imi klllLv F*118:(03)3346H51FAX:(03)J*****MrtN 11:|M)*****00FAX:(OOStMff r JOM TH: (07) 251*923 FAX: (07K51*921 SUR IB: (031) *****7S FAX: 1031) 32*2714/ *****05 www wanhai com IB *TIB:(021)S2S4IMFAX:(021) S2S47MPIMIK:7I43M/*****1 FU*****9 IM—lllli ■MINIMI
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      1163 31 EASTERN CAR LINER, LTD I I SPECIALIZE IN RORQ HEAVY UFT UPTO 450 TOHS~| 111 II" ii"> I SIM I m I rwN 1 JKT 1 MUA I m 143 tfi 30/ PS 01/04 COSMIC LEADEK 82 40 60 08/06 10/06 12/06 I ESUELLA ETEItNA 144 ft I MITSI R7BS
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      170 31 mwamrn BREAKBULK A CONVENTIONAL SERVICE WRICT SERVICE FROM S PORE TO KARACHI ivtssa. I votagc etaswoapqre eta Karachi ISIAMAIAO| M2HW 29.05.2007 09.06.2007 l IQtAH or subs ITU Xjjjgjyg? e-**P* SEA-PAC MANAGEMENT PTE. LTD. 70 Anson Rood #10-06/08 Apox Tawir, Singapore *****5 ToUphono: 6270 0977 II FactimiU: 6275 2309 Tolox: RS
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      697 31 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN ANO WESTERN ICO POINTS W I stw I noaw I COIOMO I w shph I coumuo IUUHH Illffl £11 owi 03juw EJB muw mm 2121 ML-JOB an in lIJMI mn« rmm mm muw njuw itjuw wjw ujuw AUO ACOPIM6 FQIO COCHK
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      2551 34 1 Consolidated Balance Sheet according to IFRS as at 31 st December Consolidated Income Statement according to IFRS for the year 2006 and 2005 ended 31 st December 2006 and 2005 2006 2005 2006 2005 Assets €m m Income Statement m m Cash funds 5,191 4,295 Net interest and current
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      178 34 In the Matter of The Companies Act, Cap. 50 And In the Matter of SUNDROP MARKETING PTE LTD (Co. Reg. No. *****6072R) NOTICE OF CREDITORS' MEETING PURSUANT TO SECTION 296 OF THE COMPANIES ACT, CAP. 50 NOTICE IS HEREBY GIVEN that pursuant to Section 296 of the Companies Act, Cap.
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      2 34 Hot Ipo
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  • EXECUTIVE MONEY
    • Article
      Lock icon Fund performance: Is it luck or skill?
      1157 35  -  Fund returns occur randomly from year to year and fund analysts are not able to consistently generate above-average returns By LARRY HAVERKAMP ERHAPS the biggest question in investment today is: Do actively managed funds add W value? These funds hire expensive analysts r
      1,157 words
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      Lock icon How the data was analysed
      223 35 WHAT determines a fund's performance? Is it luck or skill? I ran two types of tests to find the answer. First, I took our 430 CPF-included stock and bond funds. Of these, 98 have been in business since 2000. For that group, I looked at
      223 words
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      Lock icon The benefits of diversification
      839 36  -  MONEY MATTERS Global diversification among asset classes makes the most efficient portfolios by delivering the highest returns for any given level of volatility JOSEPH CHONG MUCH has been written about the benefits of centred on alpha, beta, sigma and correlation coefficients, which is Greek to most
      AFP  -  839 words
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      Lock icon The magic of persuasion
      1202 37  -  Whether you're a property agent, company director or homemaker, Joel Bauer can teach you how to market, writes GENEVIEVE CUA GENEVIEVE CUA N invitation to interview corporate pitcha. man Joel Bauer came with an intriguing anecdote. Mr Bauer was said to have iSf m clinched a
      JOHN HENG  -  1,202 words
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      Lock icon Living with fund performance fees
      1260 38 GENEVIEVE CUA discusses issues to watch out for if you have invested, or are considering an investment, into a fund with a performance fee HOW equitable are performance fees? Could you as a long-term investor implicitly pay more in fees than those who jump in
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      9 35 Tune in to Radio 91.3 FM 100% pure fun
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      755 35 Notes stfaSw Credit-linked Notes P Tranche A (USD) Tranche B (SGD) Years 1-5.5 Interest Rate: Interest Rate; per annum |5.2% per annum Tranche A (USD) Tranche B (SGD) Years 1 -5,5 j p Interest Rate: Interest Rate: 14% per annum 4% per annum Hfe \mi\ ——_l____ tfESBESh, E Qulty Bonus
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      851 36 v' m^w^SSMr RaboJat Ctrts Strlts 1 will be launched on the Singapore Exchange Securities Trading Limited (SGX) on 7™ June 2007. Linked to the share price performance of DBS Group Holdings Ltd, Capita Land Limited, Singapore Telecommunications Limited and Singapore Airlines Limited Daily lock-in feature with a maximum rate of
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      26 37 HEDGE YOUR RENTAL BUY NOW FOR SALE; —c Approx 8,000 sq ft (whole floor) Freehold Prime Office Space n% Strategic Location Bugis MRT Outside CBD DTZ
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      506 37 v ■y'i SCORE WITH THE STAR PLAYERS IN EMERGING MARKETS When it comes to making the right moves in emerging markets, Rapid population growth is fuelling strong consumer spending in Franklin Templeton Investments is in a league of its own. large developing economies such as India and China. Emerging As
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  • SingaporeCorporateAwards
    • Article, Illustration
      Lock icon Winning global accolades
      747 39  -  By Siow Li Sen THE state of corporate governance of companies in Singapore has come a long way since the dark days of the 1997-98 Asian financial crisis. A decade on, Singapore is consistently ranked a leader in corporate governance standards by various surveys, testifying to the
      747 words
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      Lock icon A sharper direction
      1114 40  -  SIOW LI SEN looks at how companies have stepped up to the challenge of improving corporate governance SIOW LI SEN THE development of corporate governance in Singapore started in earnest in the aftermath of the Asian financial crisis and as in many things in this city, it
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      Lock icon Leading with a firm hand
      1365 42  -  CapitaLand's no-nonsense CEO Liew Mun Leong tells SIOW LI SEN management should be decisive, not consensual SIOW LI SEN PRICES of everything from equities to commodities to real estate seem to be rising relentlessly, and a benchmark price set just months ago can look like
      ARTHUR LEE  -  1,365 words
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      Lock icon Winning drive
      1603 44  -  Chuaiuc Peck Ming learns how Teh Bona Lim transformed a $180,000 investment into a billion-dollar takeover target CHUANG PECK MING WHEN Teh Bong Lim read the news that a local company was taken over for a hefty $50 million, it became the catalyst for him to start MMI
      YEN MENG JIIN  -  1,603 words
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      Lock icon Spare the postman
      1151 45  -  Annual reports need not weigh a ton to benefit investors, Kevin Kwok explores more efficient ways to communicate information KEVIN KWOK THERE was a recent report in the Financial Times that the British postal service had to limit the number of HSBC annual reports carried by its
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      Lock icon Keeping it all in the family
      1035 48  -  Applying good corporate governance priciples to family businesses can preserve wealth and prevent a dynasty from fading away, writes JUNE LEE JUNE LEE WHILE corporate governance has been a long-established principle in the business world, the concept of family governance is still relatively new.
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      Lock icon A steady force in rocky times
      1252 49  -  SIOW LI SEN talks to Siew Peng Yim on his turnaround plans for HTL International SIOW LI SEN IT'S been a tough 12 months for Siew Peng Yim, chief financial officer of HTL International Holdings. On top of the normal duties of managing the
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      Lock icon Being socially aware
      783 50 As stakeholders demand more than financial returns, companies are increasingly taking up the cause of sustainable development THE CEO sits back to reflect on the briefing material she has just been shown in advance of her next institutional investors' meeting. In addition to the very positive financial
      AFP  -  783 words
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      Lock icon Reaching out to investors
      1092 51  -  SIOW LI SEN learns that clear and open lines of communication with shareholders are essential for companies to fuel long-term investment SIOW LI SEN INVESTOR relations, or IR, may be a fairly new concept but many Singapore companies have cottoned on that communicating well with shareholders
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    • Article, Illustration
      Lock icon Fighting fraud to survive
      1311 52  -  bob Yap examines a strategic approach to fraud risk management BOB YAP THE big corporate failures in recent years, such as that of Enron, have become the stuff of legend. In their wake have come much hardship to various stakeholders of the organisation. These include shareholders,
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      Lock icon Selecting great CEOs
      1071 52  -  By DAVY LAU CEOs have become media stars in recent years. Often, it's because of the great things they have achieved, but sometimes it's for their failures. Books written by or about CEOs have found their way to bestseller lists, and on to the shelves of major
      1,071 words
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      Lock icon Western boards need Asian link
      1069 53  -  Having board members from diverse backgrounds and skill sets is neccessary for businesses in an increasingly globalised world, says Kathryn Yap KATHRYN YAP IT'S ironic. Although western corporations are undertaking significant expansion into Asian markets, many of these companies have failed to take the essential
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      216 39 Inside: Winning drive page 6 Keeping it ali in the family Page 10 Being socially aware Page 12 Western boards need Supplement Editor I writer: Siow Li Sen Copyeditor Eiaine Koh Sub-editor: Judy Louis Rosenbacti Photographers: Arthur Lee. Yen Meng Jiin Cover design: Jason Leong r r---Hjlßi Congratulations to our
      216 words
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      256 40 7 f~ —T —M ~v —r rr* 7—: J J.' V V >v; v 'V >■'•** k >t mg Singapore Food industries Limited f775 Key excerpts from the SFI Annual Report 2006 Chairman's message We will continue to look at acquisition opportunities where they fit in with our core competencies.
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      110 41 Excellence in corporate governance and shareholder communication is highly valued at ÜBS, which is why we are especially proud to support the Singapore Corporate Awards and their work to champion best practice in this increasingly important area. We share a vision for the future that stems from a desire to
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      88 42 Jgfc^B^WWAWSrW^WflSWlliro^^lZy^W^i > -"I f Members of Natural Cool Holdings Limited NATURAL COOL' S-Team Switchgear Private Limited Natural Cool Airconditioning ■NC (Camhodia) Co.. Ltd. Qg HOLDINGS LIMITED VNS Manufacturing Pte. Ltd. Engineering Pte. Ltd. NC (Shanghai) M&E Co., Ltd VI 0 17 VNS Switchaear (India) Pvt. Ltd. Natural Cool Investments Pte.
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      220 43 VMulti#Chem f| m The Hole Solution Provider mWfc Multi-Chem Multi-Chem is honoured to be awarded the Mk *'tt. f BMfe s A H HPHk m .H ai Silver Award for 'Beet Annual Report market Singapore Corporate Awards 2007 m w^i' L rm>rn "t^ 8 T :t .m. >' i^fl yf
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      60 44 Global Network. Integrated Solutions. ,s~<i ia£. Mi. ■■mim —wgj RwPp .'fs'a4^EE e ™^^Hlj^^^^*6ass6ss^Br»=e^^™*i3el^^^^^^^^^K^F Ihw9 R "Si r fltfr WE W^T =TTMTTTn7n?TST7^^^^HnHHHI^V^^n -r iiiliiffmy >£Js£, iw r HT JqjL 0 pjTgTO ||jjjj^ 3 SembCorp n^V' Marine peqpie developer SINGAPORE 29 Tanjong Kling Road Singapore *****4 Tel: (65) 6265 1 766 Fax:
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      71 45 Router m Wireless Adapter 7* '^jHH»-. Home Plug A i .y\ jXjJPr^^^^^^B^^^^^Powerline>A I j^Tr ■yfi^L .-;.rtdClilUf inner Investor Relations ■•'"A si Sliver Award Digital Cordless Lt I Phone that our commitment lized with the the Best at the ip phone Corporst6} \wards 2007. We will continue to strive for O
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      186 48 nr wtmf MegaChem is a global one stop specialty chemical solutions provider. We provide ;Wmi integrated value-added services including international distribution, contract t 'W I manufacturing of specialty chemicals as well as proprietary chemical products z SCL manufacturing to meet our customers' requirements. 1 1 J ~Our international distribution network
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      116 49 GOLD BtST MANAGED BOARDS AWARD BI S F INVESTOR RELATIONS AWARD HI S I ANNUAL REPORT AWARD In the i aU'noiA ol in,mi hoard iisll niiiipanii's with market eanilahsat ion ol SS.>()() million or more SINGAPORE CORPORATE AWARDS BEYOND AWARDS With our global footprint spanning 33 countries. Keppcl is focused
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      49 50 in ih-im,.-Vii 7~" > 1 II 1 f B| y vxsffls&F SP Chemicals Ltd. has been awarded 'The Best Investor Relations Award' (Gold) chemicals in the mid cap category (market cap of less than $500 million) of the Singapore Corporate Awards 2007. China's leading chemical www.spchemicas.com K raw materials producer
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      76 53 k i3sm PI fet. A M k tslP I JPI k, k 1 S^l A iV. jfll Exceptional Value jh 1/ rm i AtSMRT, we believe good.corporate governance is the H cornerstone for strong *sh^9^Efl^^H can be to create value W 'f jj fWjpi 1 Best Managed Vnl Best Investor
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