The Business Times, 12 March 2009

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Total Pages: 27
1 27 The Business Times
  • 19 1 THE BUSINESS TIMES ssi .00 online at http://www.businesstimes.com.sg «v a Singapore press holdings publication coregnnoi9B4o2B6Be mica(p)l97/08/2008 Thursday, March 12,2009
    19 words
  • 789 1  -  MISHA RAMCHANDANI VICTOR KATHEYAS Airlines and hotels cut rates in effort to drum up business in tough environment By I and [SINGAPORE] Airfares are coming down to earth from last year's heights as airlines strive to stimulate travel demand by offering travellers plenty incentive
    789 words
  • 548 1 Bloomberg Paulson may have gained £311m from Lloyds, HBOS bets [LONDON] Paulson Co, the hedge-fund firm that made more than US$3 billion betting that the US housing market would collapse, may have made £311 million (***** million) since September by short-selling Lloyds Banking
    – Bloomberg  -  548 words
  • 262 1 Prices include taxes and fuel surcharges but exclude service fees by travel agents All Nippon Airways (ANA) $949 Sales period:April 1-22 for travel between April 8-June 30 $1,298 Sales period until March 20, for travel until April 7 Cathay Pacific $1,073 Sales period until March 18 for
    Illustraion: Jennifer Chua  -  262 words
  • 475 1  -  LYNETTE KHOO Recent fund-raisings come under the spotlight as info may have been leaked By [SINGAPORE] Material price-sensitive information on recent fund-raising exercises may have been leaked before it was announced by the issuers, the Singapore Exchange (SGX) said. The exchange
    475 words
  • MARKETS DIGEST
    • 28 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.53 HONGKONG 5.00 INDONESIA 16.203 TAIWAN 4.826 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.50 SWITZERLAND 0.52 INDIA 12.25 Source:
      Bloomberg  -  28 words
    • 47 1 Inesi lay lange 1COMP 850.37 -4.88 IIKKEI225 7,376.12 +321.14 IANG SENG 11,930.66 +236.61 ;et index 414.41 -3.00 JAKARTA COM P 1,314.52 +14.31 IANILACOMP 1,901.42 +28.20 ;eoulcomp 1,127.51 +35.31 ;henzhen b 318.47 +0.71 IUMBAI IND Closed Closed 12 noon EST Cham )OW 6,953.65 +27.16 IASDAQ 1,371.49 +13.21
      47 words
    • 45 1 IS$ (S$ per US$) 1.540 (US$/S$ per 1.376 2.119 ;URO (US$/S$/E) 1.266 1.950 Foreign currency per US$ S$ 'EN 98.60 64.00 3.696 2.399 IK$ 7.756 5.035 !AHT 36.03 23.39 lUPIAH 11,970 7,771 lENMINBI 6.841 4.441 INDIAN RUPEE 51.16 33.21 1.556 1.010 IZ$ 1.995 1.295
      45 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 63 1 fa PROPERTY COMPANIES ML,*~- FRAUD CHARGES BizlT nq ZJ j JJ r* 13 -j- Mohamed Sultan Rd Fundamentals offer Madoff to plead Tech firms forge iK"niß'r»" building sold for $05.8m little cheer for S-chips guilty: lawyer collaboration deals SmJUkmßm* PAGE 28 PAGE 5 PAGE 16 PAGE 19 Cathay posts record
      63 words

  • TOP STORIES
    • 673 2  -  ANDREW MARKS By in New York Some money managers think it's time to raise their allocation to stocks STOCKS surged in New York on Tuesday, led by the extremely beaten down financial sector, as investors turned from fear and caution to enthusiastic buying.
      AFP  -  673 words
    • 664 2 Reuters But capital spending picks up in response to massive stimulus [BEIJING] China's exports tumbled in February as the world's third-largest economy felt the full force of the global financial crisis, but capital spending accelerated in response to a massive government stimulus package. With
      – Reuters  -  664 words
    • THREE-MINUTE DIGEST
      • 60 2 AIRFARES are coming down to earth from last year's heights as airlines strive to stimulate travel demand by offering travellers plenty of incentives to snag a great deal. What remains to be seen is whether deep discounts will be enough to see the travel
        60 words
      • 55 2 MATERIAL price sensitive information on recent fund-raising exercises may have been leaked before it was announced by the issuers, the Singapore Exchange said. The exchange warned that it would investigate all suspicious cases and follow up with disciplinary action if SGX
        55 words
      • 85 2 HSBC has just come up with a sexy mortgage deal in a bid to keep its customers on the condition that borrowers park at least $100,000 at the bank. Borrowers who stay with the bank for 10 years see their first year spread of 1.5
        85 words
      • 47 2 MORE Temasek-linked companies could make cash calls, following Chartered Semiconductor Manufacturing's US$3OO million rights issue, say UOB-Kay Hian analysts. Likely candidates include Keppel Land, Neptune Orient Lines, CitySpring Infrastructure Trust and Mapletree Logistics, the analysts say. COMPANY NEWS, PAGE 4
        47 words
      • 80 2 IT IS not just accounting issues and forced-sales of pledged shares that are affecting sentiment towards China-based companies listed in Singapore fundamentals too appear to play a part in the gloom facing many of these so-called S-chips. Analysts say they are expecting high
        80 words
      • 52 2 ANALYSTS held mixed views yesterday about Malaysia's RM6O billion (5524.9 billion) second stimulus package with the most bearish veering towards full blown recession this year (minus 5 per cent) while others cautiously agreed with Kuala Lumpur's forecast (between one and -1 per cent). MALAYSIA/INDONESIA,
        52 words
      • 45 2 CATHAY Pacific Airways yesterday posted a bigger-than-expected US$l billion second-half net loss, a record, and warned that the year ahead will be "extremely challenging" on possible hedging losses and weak passenger and cargo demand. AVIATION, PAGE 17
        45 words
      • 62 2 ATTEMPTS to stimulate Britain's flagging property market by slashing interest rates have been dubbed futile by a leading industry lobby group, as mortgage lending fails to resurface. The National Association of Estate Agents is instead calling for moves to encourage banks
        62 words
    • 378 2  -  MARTIN HUTCHINSON By MALAYSIA'S stimulus plan at 9 per cent of GDP over two years is proportionately bigger than the US plan. However it's better focused and the country's budget deficits are smaller. With a balanced economy, ample reserves and the ability to domestically fund its
      378 words
    • 823 3  -  SAMUEL EE COMMENTARY By SOME motorists have called the substantial 24.1 per cent reduction in COEs for the new quota year harsh, but it could get more painful come September. This is when the mid-quota year review is announced, and don't be surprised
      FILE PHOTO  -  823 words
    • 624 3  -  SIOW LI SEN BRITTANY KHOO Rate keeps sliding for long-haul customers in face of refinancing war By and [SINGAPORE] HSBC has just come up with a sexy mortgage deal in a bid to keep its customers on the condition that borrowers park at least $100,000
      624 words
  • Page 2 Advertisements
    • 329 2 University of St Andrews School of Management EXPLORING THE *XJH^H NEW FRONTIERS OF >T^ LEADERSHIP STRATEGY A-S. 1 Aventis Leadership Summit 2009 In today's uncertain business environment, to address significant challenges, there is only one choice for leaders to embraced Crisis Leadership. Aventis School of Management in collaboration with University
      329 words
  • Page 2 Miscellaneous

  • Page 3 Advertisements
    • 76 3 singaporeair.com Jk THE SINGAPORE AIRLINES A330 J^C» A NEW EXPERIENCE AWAITS m^ A Soon you can travel in even greater comfort with our new inclined-flat leather seats in Business Class on the Singapore Airlines A330. Enjoy KrisWorld, rff> L'"i-m A our award-winning entertainment system that now connects to your iPod,
      76 words

  • COMPANY NEWS
    • 605 4  -  OH BOON PING UOB-Kay Hian cites KepLand, NOL, CitySpring and Mapletree Logistics By' MORE Temasek-linked companies (TLCs) could make cash calls, following Chartered Semiconductor Manufacturing's US$3OO million rights issue, say UOB-Kay Hian analysts. Likely candidates include Keppel Land, Neptune Orient Lines (NOL), CitySpring Infrastructure
      FILE PHOTO  -  605 words
    • 168 4 Reuters SHARES of Neptune Orient Lines (NOL) fell a further 7.5 per cent yesterday, adding to an 11 per cent drop in the previous session, on market concerns about a possible earnings-diluting rights issue by the world's seventh-largest container shipper. Yesterday's closing
      Reuters  -  168 words
    • 662 4  -  UMA SHANKARI IT'S common market wisdom that to succeed, a takeover bid has to offer an attractive premium. But the outcome of the latest takeover bid in town should lead to a re-examination of this view. Last week, UOL Group said that its $1.15 billion
      662 words
    • 781 5  -  LYNETTE KHOO Analysts see high double-digit year-on-year decline in earnings for S-chips By IT'S not just accounting issues and forced sales of pledged shares that are affecting sentiment towards China-based companies listed in Singapore fundamentals too appear to play a part in the
      FILE PHOTO  -  781 words
    • 332 5  -  JAMIE LEE General offer triggered after purchase raises stake to above 50% By ICONIC Holdings which sold off its core business last year has received a mandatory general offer from its controlling shareholder valuing the company at about $11.2 million. The follows a failed proposed
      332 words
    • 359 7  -  JOYCE HOOI By, PROPERTY group Sing Holdings has joined the growing list of companies raising funds through rights issues. In a bid to raise about $13 million in net proceeds to finance the group's property development expenses, Sing Holdings announced yesterday a proposed one-for-two
      359 words
    • 363 7  -  LYNETTE KHOO By THE Singapore Exchange (SGX) has lowered the minimum age limit for opening a Central Depository (CDP) account to 18 years, following a move by the Accounting and Corporate Regulatory Authority (Acra) to lower the minimum contractual age. With effect
      363 words
    • COMPANY BRIEFS
      • 65 7 HYFLUX said that its subsidiary, Tianjin Dagang Newspring Co Ltd, would borrow 617 million yuan (Ssl3B million) for a tenure of 15 years from Bank of China. The loan will be used for the development, construction and start-up costs of the 100,000-cubic-metre-per-day seawater
        65 words
      • 54 7 AUDITORS of Gul Technologies emphasised again, without qualifying its opinion, that the company faces operational existence constraints and that assets may need to be "realised other than in the normal course of business" if it is unable to gather support from its creditors or cannot generate
        54 words
      • 83 7 NEPTUNE Orient Lines (NOL) said that Brian Lutt, president of its APL Logistics business, is leaving to pursue an opportunity outside the group. Mr Lutt has been in charge of APL Logistics since October 2005. NOL Group president and CEO Ron Widdows will
        83 words
      • 49 7 Reuters [BANGKOK] Thailand's top mobile phone operator, Advanced Info Service (AIS), 21.4 per cent owned by SingTel, said yesterday it was likely to miss its 2009 revenue growth target if the global economic crisis worsened but promised dividends would not be cut.
        Reuters  -  49 words
    • 410 7  -  JAMIE LEE By SINO Techfibre has emerged from the fourth quarter relatively unscathed in the challenging chemical fibre industry but a recent analyst report is sceptical about the Chinese company's ability to sustain its performance. "We are not convinced," wrote DMG Partners Securities analyst Heng
      410 words
  • Page 4 Advertisements
    • 93 4 —1- r -l-: 1 SINGAPORE PRESS HOLDINGS FOUNDATION Presents I J J BBSS ?^W^^wMlnT(W^^ IB Wi Tuc Rl ICIMCCC TIMCC SPH -1 STRAITS TIMES. I HE DUSINESS lIMES MediaßaxOff i™ dot.-.d W&J&Z^m Bk Si^ d^J^l^H BL >'!i^^^^k^^. tm V^^^Hk. s^^^^Kr \v Bk. BBVP^tBW #^Bi FS IG Markets (ACRA No. *****621X)
      93 words

  • Page 5 Advertisements
    • 306 5 SINGAPORE BRAND CONFERENCE 2009 Singapore PROGRAMME HIGHLIGHTS WM I Brand Session 3 Building Your Brand Online OOnTGrGnCG C n Mr Eddie Chau beSSIOn I Chairman (Singapore Enterprise Chapter), Singapore Information Technology Federation Organisational Change In An Economic Crisis From A Brand Perspective Mr Teng Theng Dar I 1 Strategies For
      306 words
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  • SINGAPORE MARKETS
    • 605 6  -  R SIVANITHY STOCKS Day's performance probably sparked by program trades ahead of expected mixed session on Wall Street PERHAPS not surprisingly, Tuesday's surge fizzled out yesterday as traders mainly sold into the little strength that was injected into the market by Wall Street's overnight surge. The
      Bloomberg  -  605 words
    • 89 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 4 4 5 0 0 0 4 4 5 lanufacturing 35 38 63 39 42 72 Commerce 21 22 24 11 25 'pt/Stor/Comms 17 11 17 12 :inance 22 22 Construction 'roperties 23 23 lotels/Rsts jervices
      89 words
    • 111 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 14,669 14,669 39,813 39,813 lanufacturing 276,427 19,783 296,210 101,096 1,397 102,493 lommerce 63,298 5,874 69,172 59,185 515 59,699 'pt/Stor/Comms 91,547 28 91,575 142,305 142,306 :i nance 59,769 59,769 330,784 330,784 lonstruction 4,150 3,847 7,997 399 26 424 'roperties 122,754
      111 words
    • 104 6 LapitaLand 1.930 4-0.060 LapitaMal 1.050 -0.040 LityDev 4.360 4-0.160 Losco Corp 0.705 4-0.015 IBS Grp 6.900 4-0.150 :&N 1.990 4-0.050 Sent Intl 0.435 4-0.005 iolden Agri 0.270 tO.010 IK Land 2.040 4-0.020 IMH 16.860 4-0.600 ISH 9.000 4-0.270 lardineC&C 9.090 4-0.230 Ceppel Corp 4.250 4-0.100 Ceppel
      104 words
    • Article, Illustration
      921 6  -  LYNETTE KHOO Ascendas Reit March 11 close: $1.12 DBSVICKERS, March 11 EMERGING stronger post-recapita-lisation: With fresh capital of $408 million in its coffers post its recapitalisation efforts, A-Reit has emerged as one of the financially stronger Reits with a low gearing of 33 per cent (rising to about
      Bloomberg  -  921 words
    • 527 6  -  LARRY WEE CURRENCIES SAFE refuge alternatives to the US dollar fell back yesterday on an impressive Wall Street surge overnight, but the latter's losses were trimmed somewhat by the Asian close. Tuesday's sharp rebound for US stocks was sparked by news that
      Reuters  -  527 words
    • 4 6 DAILY
      4 words
    • 58 6 Mar 11 VALUE CLOSE IT OB/OS -674.00+71.OC IT CADI -*****.00 +54.01 IT 10-day MA -*****.00 -68.0' TSE ST Mid Cap 298.06 +2.4! TSE ST Small Cap 241.72 +0.9' TSE ST All Share 358.67 +4.2 TSE ST China Top 137.39 TSE ST China 133.73 -0.5 IOB Catalist 63.76
      58 words
    • 65 6 VOLUME China Honqxinq 107,194,000 Golden Agri 77,279,000 Chart SemiCond 40,311,000 RafflesEdu 39,902,000 Capita Mall R 39,179,000 Capita Land 33,165,000 Noble Grp 27,404,000 Capita Mall 26,626,000 Sing Tel 26,623,000 DBS MBL eCW*****2 24,780,000 VALUE(S) UOB 11 5,308,772 DBS Grp 112,080,933 Sing Tel 65,414,820 Capita Land 65,088,200 SGX 51,627,380
      65 words
    • 100 6 CLOSE UP IMH 1686 92.4 3.7 iBXT MSTaiwan 10US$ 945 75.4 5. ;txpo ioo 864 64.0 8.' ISH 900 41.6 3.1 ilA 200 1010 39.0 4.' IOB.ES.0903 860 33.0 4.' MS India 10US$ 634 32.3 3.. China H 10US$ 920 29.3 2.1 iBS.ES.0903 692 28.0 4., lardine C&C 909
      100 words
    • 114 6 BY CENTS CLOSE DOWN 9026-683.6 -4.7 iBXT S&P Short 10US! LD 10US 8902-120.1 -0.9 M Hld( 9 -15.5 -63. ISDN Hid 35 -14.5 -29. ;GX BNP eCW*****3 -13.0 -76.5 iBS RB ePW*****3 164 -10.0 -5.7 ICBC Bk5.1%NCPS 100 8990 -10.0 -0.1 iBS DB ePW*****7 59 -9.5 -13.9 IOBRBePW/*****3 128
      114 words
    • 81 6 Vhere S$ stands Mar 11 %CHNG CLOSE FRMariO YR 2008/2009 S$ LOW S$ HIGH ISS 1.5408 -0.08 1.5579 1.3457 iuro 1.9530 0.22 2.2064 1.8640 'ounds 2.1134 0.86 2.8431 2.0356 0.9915 -0.61 1.3251 0.9068 ren* 1.5646 -0.06 1.7278 1.2619 liah* 0.***** -0.08 0.***** 0.***** !aht* 4.2776 -0.16 4.4299 4.0190 •eso*
      81 words

  • Page 7 Advertisements
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      3,455 words

  • SINGAPORE NEWS
    • 576 8  -  LEE U-WEN Move crucial given global calls for a new world order following crisis fdgfdg THE global financial crisis has sparked calls for a new world order from countries such as France, Italy, the United Kingdom and China. And Singapore too must re-evaluate its
      FILE PHOTO  -  576 words
    • 474 8  -  CHUANG PECK MING But the sums are likely to come from smaller pool: Hewitt By BUSINESS is bad all around but some 11 per cent of companies polled in January in Singapore mostly those in the service and agricultural-related industries still expect to dish
      Hewitt Executive Compensation Hot Topic Survey 2009  -  474 words
    • 222 8 SINGAPORE GP has brought Sistic on board for this year's Formula One race to prevent a repeat of last year when high demand initially caused the ticketing system to stall. General tickets for the 2009 race are scheduled to be released
      FILE PHOTO  -  222 words
    • 302 8  -  TEH SHI NING By SINGAPORE is still the best place for Asian expatriates to live in, a global human resources consultancy said yesterday. Edging out Sydney and Kobe, which were ranked second and third, Singapore defended its top spot for a 1
      302 words
    • 442 8  -  OH BOON PING Public listing loses its appeal amid the market turmoil By MERGER acquisition plans remain resilient among privately held businesses (PHBs) here, a survey has found. The Grant Thornton International Business Report polled some 7,200 respondents from 36 economies, including 150
      442 words
    • 169 8 COCOA and chocolate products manufacturer Barry Callebaut has announced the sale last month of Van Houten Singapore to The Hershey Company for an undisclosed amount. "The divestiture will allow us to focus entirely on our business with industrial and gourmet customers in Asia and
      169 words
    • 504 8  -  RONNIE LIM By IKAFIGURA, the world's third-largest independent oil trader, expects to grow its business in Singapore this year, in contrast to a recent claim by a Middle Eastern exchange that the market here "is absolutely dead". "Post-Lunar New Year, we've seen a
      504 words
    • SINGAPORE ROUNDUP
      • 70 8 THE National Heritage Board yesterday signed memorandums of understanding (MOU) which confirmed support for three community heritage institutions the Malay Heritage Centre, the Sun Yat Sen Nanyang Memorial Hall and the upcoming Indian Heritage Centre (IHC). The centres' development costs will be shouldered by the
        70 words
      • 67 8 THE labour movement aims to raise $2 million from the U Care Golf Challenge 2009, the largest amount yet from its annual golf event. The amount will go into NTUC's U Care fund. Set up to help lower-income workers and the retrenched overcome
        67 words
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  • ECONOMY WATCH
    • 472 9 ■LAT-WP Funds likely to be used in stabilising banks, economic stimulus [WASHINGTON] The US government may have to spend even more money to shore up the nation's ailing economy, on top of the more than US$l.6 trillion so far approved by Congress, House
      ■LAT-WP  -  472 words
    • 400 9 LAT-WP [WASHINGTON] Federal Reserve chairman Ben Bernanke on Tuesday advocated changing accounting methods that he said have exacerbated the financial crisis. Appearing before the Council on Foreign Relations, Mr Bernanke said current accounting standards need to be revised so they don't amplify the
      ■ LAT-WP  -  400 words
    • 253 9 Bloomberg [TOKYO] Japan will start buying shares from the investment portfolios of the nation's banks from today in an effort to strengthen their balance sheets and encourage lending. The stock will be bought by the Banks' Shareholdings Purchase Corp, a gov-ernment-controlled
      – Bloomberg  -  253 words
    • 461 9 Reuters, Bloomberg [TOKYO] Japanese wholesale prices marked their biggest annual fall in nearly six years last month, with growing signs that Japan faces broader deflation than just the one-off effect of sliding oil prices. In another gloomy signal from the global financial crisis, core
      – Reuters,; Bloomberg  -  461 words
  • Page 9 Advertisements
    • 1006 9 Cap/taLand Rights Issue Subscription for Rights Shares closes today CapitaLand Limited is undertaking a renounceable and fully underwritten Rights Issue of up to 1,415,839,907 Rights Shares at the issue price of 551.30 per Rights Share on the basis of one (1) Rights Share for every two (2) existing Shares held
      1,006 words

  • MALAYSIA/INDONESIA
    • 741 10  -  S JAYASANKARAN Lack of measures to cut cost of doing business was a big disappointment By in Kuala Lumpur ANALYSTS held mixed views yesterday about Malaysia's RM6O billion (5524.9 billion) second stimulus package with the most bearish veering towards full blown recession this year
      AP  -  741 words
    • 445 10 Reuters [SINGAPORE] Standard Poor's (S&P) is likely to maintain Malaysia's credit rating despite a new RM6O billion (5524.9 billion) plan to fire up its economy, but the ratings firm said it was concerned about the lack of political will in India to
      Reuters  -  445 words
    • 452 10 Reuters [KUALA LUMPUR] Malaysian crude palm oil prices will probably drop at least 10 per cent in the next six months as a worsening global recession reduces food and fuel consumption, senior analyst James Fry said yesterday. "If crude oil
      ■ Reuters  -  452 words
    • 393 10 -Xinhua, Reuters Banks should help ease business costs, spur loan demand [JAKARTA] Indonesian President Susilo Bambang Yudhoyono has asked the banking industry to drastically cut interest rates for lending, so as to ease business costs, spur loan demand from consumers, and push forward economic
      -Xinhua, Reuters  -  393 words
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      1,779 words

  • GREATER CHINA
    • 520 11  -  SAIBAL DASGUPTA Move is a test drive before turning the yuan into a global currency By. in Beijing CHINA is expanding trading in yuan with some Asian and African countries after a pilot programme involving a few provinces. It is just about
      FILE PHOTO  -  520 words
    • 229 11 -AFP [HONG KONG] ÜBS said yesterday that it was ending its five-year sponsorship of the Hong Kong Open golf tournament, amid huge losses at the Swiss bank. Switzerland's second largest bank said the decision came after "a comprehensive review of its golf sponsorship programme in
      -AFP  -  229 words
    • 243 11 AFP [BEIJING] China will raise public security spending by nearly a third in 2009, state media reported yesterday, saying that the boost was badly needed in poor central and western areas of the country. The report by the China Youth Daily comes amid
      AFP  -  243 words
    • 167 11 Reuters [SHANGHAI] Hong Kong delegates at the Chinese parliament's annual session have proposed allowing Hong Kong and mainland investors to invest in each other's stock markets directly, the official Shanghai Securities News said yesterday. Such a move would narrow the steep premiums of mainland
      Reuters  -  167 words
  • Page 11 Advertisements
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  • INDIA
    • 583 12 -AFP [ANJUNA, Goa] The easy availability of drugs in Goa has been a draw for many tourists since the days of the hippie trail in the *****. Now some are coming to the Indian resort state to kick the habit. Several
      -AFP; AFP  -  583 words
    • 512 12 -AFP Some economists expect deflation in India to drag on till at least October [NEW DELHI] It was less than a year ago that Indians watched inflation shoot to dizzying 13-year highs but now they are worried about deflation as growth slackens in Asia's third-largest economy.
      -AFP  -  512 words
  • Page 12 Advertisements
    • 2718 12 w WATS X^l V^r J_ J-^^«> A-/ kJ Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg II IN THE MATTER OF THE COMPANIES ACT, CAP. 50 T^s\ AND f OCEANUS GROUP LIMITED iTL cnSI^EJL (Company Registration No. *****5793D) **«»»9 OTMPA^rSratU NO. OCeaIIUU: (incorporated in the Republic of Singapore) SUPERIOR FASTENING TECHNOLOGY LIMITED
      2,718 words

  • ASIA-PACIFIC
    • 306 13 Reuters, Bloomberg Cost cutting, growth in infrastructure business cited [TOKYO] Japan's Toshiba Corp will likely see an operating profit of about 100 billion yen (551.56 billion) in the year to March 2010, thanks to cost-cutting and growth in its infrastructure business, the Nikkei newspaper reported.
      – Reuters, Bloomberg  -  306 words
    • 707 13 Reuters The extra Budget will be equivalent to around 3% of the country's annual GDP [SEOUL] South Korea will introduce a supplementary Budget worth some US$2O billion this month to boost domestic demand, the ruling party chief was quoted as saying by media yesterday. The
      – Reuters; AP  -  707 words
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    • 314 13 G/?EAL LIVE MUSIC Mosaic dEGWS TOMO/?/?OW| w-ttkcs I lINS atu>|e M'*l .^te. /4lt 73opm 730pm lß»T7lSffL^'N'ftt^B t*ssZg...ijii~ NATURALLY7 1 MIK? STERN BAND /**<*> ;I s dj" PH^l 9' 3 '—-£7^s^ STTTDTO ill i lit I jagg) ""'J^H i i.1 W wu*its wun .innw '^^^^^^^^H iB LpiK____ JS^H^^lW^g^,. B cI*UDIAACUNA cm«)
      314 words

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  • WORLD
    • 595 15 -NYT No plea deal for more lenient treatment prosecutors say [NEW YORK] Bernard L Madoff is facing life in prison for operating a vast Ponzi scheme that began at least 20 years ago and consumed billions of dollars of other people's money. While his fate
      -NYT; AFP  -  595 words
    • 526 15 AP President all set to sign US$4l Ob govt spending package [WASHINGTON] US President Barack Obama plans to sign a massive spending bill to keep the federal government running, but he is cracking down on lawmakers' penchant for stuffing such legislation with
      AP  -  526 words
    • 449 15 Reuters [WASHINGTON] Once mighty American International Group (AIG) has a new employee expense handbook, a special governance committee and strict limits on executive pay, according to the Federal Reserve Board. The new expense policy was mandated by the US Treasury Department and "may
      – Reuters  -  449 words
    • 523 15 Bloomberg [ZURICH] ÜBS posted a 20.9 billion Swiss franc (5527.7 billion) loss for 2008, more than initially reported, and said it remains "extremely cautious" about the outlook for this year. The full-year net loss widened by 1.19 billion francs from the
      – Bloomberg; AFP  -  523 words
    • 218 15 Bloomberg [NEW YORK] National Semiconductor Corp plans to cut more than 1,700 jobs, about one-fourth of its workforce, as the recession eats into the mo bile-phone-chip maker's sales. The company will eliminate 850 jobs now and 875 over the next few quarters, according
      – Bloomberg  -  218 words
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    • 111 15 Sunday, 15th March TUNE yOUR RAP/O TO Auction: 1:00pm Viewing: 11:00am OJfc"' Dia. 19.86ct. M'Jj*, Ict. t08.52ct. J» Sapphire 48.02ct. M «|l ft fe"" S~ M\ m M ijsdUL SaPPh' re 9"BCt PinkDSap f ?s:B2ct. 3-78ct.^-2R*j||fc Emerald ■iS Tanzanite t> -ic I 19ct 22.15ct. GIA 3.02ct. ColorF Clarity: VSI Round
      111 words

  • AVIATION
    • 432 16  -  VEN SREENIVASAN It is fighting rising inventory, falling orders, sliding prices, tight credit By [SINGAPORE] The business jet industry is being rocked by severe turbulence that has already led to over-ca-pacity, plunging sales and sliding prices, says ÜBS Investment Research. In a March
      AP  -  432 words
    • 2587 16 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), ways r"ron (EVA),
      2,587 words
    • 248 16 Bernama [KUALA LUMPUR] The new Low Cost Carrier Terminal (LCCT) is slated for completion by the second half of 2011, Malaysia Airports Holdings Bhd (MAHB) managing director and chief executive Bashir Ahmad said yesterday. He said that the new LCCT is
      Bernama  -  248 words
    • 278 16 Reuters It expects 2009 operating profit to fall, but sales to climb [FRANKFURT] Deutsche Lufthansa expects earnings to improve in 2010 if the market starts recovering from the end of this year's third quarter, Germany's flagship airline said yesterday. In 2009, operating profit would be
      Reuters  -  278 words
    • 519 16 Reuters [HONG KONG] Cathay Pacific Airways Ltd, Hong Kong's dominant airline, yesterday posted a big-ger-than-expected US$l billion second-half net loss, a record, and warned that the year ahead will be "extremely challenging" on possible hedging losses and weak passenger and cargo demand. "Passenger
      Reuters; REUTERS  -  519 words
  • Page 16 Miscellaneous
    • 226 16 CRYPTIC CROSSWORD ACROSS 24 Place under surveillance when money risked in gambling is wrong (5,3) 5 Lady proc uc j n g many a song 2 2 It is just over a foot (5) 25 Go to previous country (4) /g\ 26 Molestation on the radio? 7 p raC eeded
      226 words

  • SHIPPING
    • 409 17 Norway's DNV urges shipowners to act before regulation is introduced [OSLO] The global shipping industry can cut carbon emissions substantially with simple methods such as polishing propellers regularly and steaming more slowly between ports, Norwegian ship classifier Det Norske Veritas (DNV) said. Shipping
      Reuters  -  409 words
    • 331 17 [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, climbed for an eighth day on Tuesday on demand for panamax vessels to haul South American grains. Argentina, the secondlargest corn exporter after the US, harvests soybeans and
      Bloomberg  -  331 words
    • 278 17 [SYDNEY] A ship carrying 60 containers of ammonium nitrate, used for making fertiliser and explosives, lost an estimated 31 containers overboard yesterday and is leaking fuel in rough seas off Australia's northeast coast. Marine experts fear if the missing containers leak, the spill
      -Reuters  -  278 words
    • TRANSPORT STOCKS
      • 103 17 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.25 0.16 0.71 0.30 0.49 0.36 0.04
        103 words
      • 37 17 '000 lar nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.53 8.20 8.30 2.92 2.69 0.01 0.07 -0.09 -0.05 0.10 0.05 0.01 unch unch 157 264 550 898 41 200 50
        37 words
      • 12 17 '00 ■recious Ship Jegional Cont 10.10 ..5.35 unch 0.20 6527 2748
        12 words
      • 11 17 '000 Ltoil Lingamas Cont 17.20 ..0.39 0.16 402 -0.01 *****
        11 words
      • 22 17 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.50 10.00 unch unch 0.10 -0.50 unch unch 605 1086 0 0
        22 words
      • 17 17 Lvergreen Marine ....13.75 :irst Steamship 38.40 /Van Hai Lines 14.00 -0.25 -0.45 -0.25 12 10 2
        17 words
      • 41 17 '000 (awasaki Hvy Ind ..183.00 (awasaki Kisen 297.00 Mitsubishi Hvy 280.00 vlitsui Eng&Sbldg...150.00 vlitsui Osk Lines 485.00 Nippon Express 272.00 Nippon Yusen 381.00 iource: Thomson Reuters 6.00 ***** 8.00 5250 7.00 ***** 4.00 4461 10.00 ***** 3.00 3603 4.00 6768
        41 words
    • 408 17 Bloomberg Hike ranges from US$2OO per TEU to US$6OO per FEU [HONG KONG/SHANGHAI] Hanjin Shipping, the largest South Korean shipping line, will boost rates to move containers from next month after plunging global trade and higher capacity depressed fees last year. The shipping line will
      Bloomberg; BLOOMBERG  -  408 words
    • 600 17 -AFP Govt move to deploy two destroyers in waters off Somalia divides Japanese [TOKYO] Japan is expected to deploy two warships on Saturday to pirateinfested waters off Somalia as the government tries to push through legislation to allow its forces more scope for armed response.
      -AFP  -  600 words
  • Page 17 Advertisements
    • 407 17 Drop Anchor at Value Hotel! Quality rooms at remarkable prices await when you dock at Value Hotel! ■^***Tl For reservations or enquiries _^E (65)6352 ***** J^X M*m Give your crew the best rest: f »FREE in-room beverages »FREE local calls per night FREE jntemet access Terms conditions apply. Mt;l;aail:^^lJJ:lJJ.J t
      407 words
    • 27 17 GOOD GAINS Let your investors know I by advertising your I financial results in our I newspapers. Call 1800 I 289 8822 or email I notices@sph.com.sg. I
      27 words

  • BizIT
    • 777 18 PwC study shows that growing complexity of tech products is leading to interdependency, reports AMIT ROY CHOUDHURY EVEN with the current economic crisis, technology companies in Singapore are forging collaboration agreements alliances and joint ventures, among others with both local and foreign companies, thus
      777 words
    • 206 18  -  AMIT ROY CHOUDHURY SOME of the key Asia-Pacific findings of the Technology Executive Connections: Managing the risks and rewards of collaboration survey by PricewaterhouseCoopers are: Less than half (47 per cent) of the companies have a formal strategic framework, policies and procedures in place for managing
      206 words
    • 362 18  -  WINSTON CHAI By' January penetration rate of households surges past 100% A SURGE in high-speed Internet subscriptions in the last few months has lifted Singapore above broadband leaders South Korea and Japan to become one of the most connected cities in the world.
      362 words
    • 317 18 [LONDON] Walt Disney Co is taking the wraps off an advanced new car racing video game that the entertainment company hopes will bolster its success in the lucrative gaming sector. As sales of video games prove relatively resilient in the economic downturn,
      – AP  -  317 words
  • Page 18 Advertisements
    • 212 18 What comes with IT Care? IT Preventive Maintenance Technical Helpdesk Support IT Advisory Experienced and Proactive Engineers Dedicated Client-Servicing Model Cost-Effective and Reliable IT Service IT Care is an IT managed service plan of Stone Forest IT, the leading provider of IT Outsourcing Services. EXPECT ONLY ♦S3mh I M^T V
      212 words

  • EDITORIAL & OPINION
    • 500 19 IN these times of exceptionally heightened fear, it is not surprising that investors and market observers are beginning to question the value of the long run as it relates to portfolio investments. More specifically, will equities continue to deliver the level of returns
      500 words
    • 1158 19  -  lAN CAMPBELL Western Europe can't abandon its neighbours: it owns most of the east's banks By E should not allow a new iron curtain to be set up and divide Europe in two parts.' The iron curtain image revived by Ferenc
      AFP  -  1,158 words
    • 873 19  -  ANTHONY ROWLEY THE BOTTOM LINE ONE of the most frightening things about the world financial and economic crisis (apart from the very fact that it has now become a global affair) is the awful lack of certainty about what caused it
      873 words
    • 1033 20  -  DUNCAN EDWARDS Internal audit is the last internal line of defence, so it is imperative it is effective and operates at the correct level By RISK is double-edged; no one makes money without taking risks. Yet, the current global financial turmoil is testimony to
      I AP  -  1,033 words
    • 725 20  -  ESTHER DUFLO By THE Obama administration is reluctant to nationalise banks (or at least some of them). The word nationalisation, until recently almost vulgar in the American vocabulary, has made its debut on television and in newspapers. The first on the list are the two
      AP  -  725 words


  • SINGAPORE STOCKS
    • 8590 21 Transaction date: Mar 11 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div Gr Yld Net COOP) High Low Buyer Seller C'vr P/E M Cap Sinil Company 9 3 3148 8Telecom 11 3 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 30.5 12 5000 ABRHIdgs
      8,590 words
    • 1811 22 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      1,811 words
    • 112 22 52-Wk Tel h Low Code Last Sale Vol COOP) .h^Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil _Hm Com _Hm 1830 1682 DBXT FTChina25 1OUS$ 945 850 DBXT MSTaiwan 1OUS$ 5244 5220 DBXT Nifty 1OUS$ 9613 8540 DBXT SSP Short 10US$ ***** ***** 6065
      112 words
    • 71 22 52-Wk Tel High Low Code Last Sale Vol COOP] Day Last Quote Low Buyer Seller Div GrYld C'vr Net MCap P/E Sinil Comi Hii 84.5 20 6000 AVJennings 11 4 6134 Over&Gen 24.5 6 6017 StarCruises 248 103 6019 TanChonglnt A24.5 A8 US6.5 -0.5 HK117cd +2 938 210
      71 words
    • 9351 22 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.381/ AIGIF Spore Bond Fund/A 1.189/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.62/ APS Alpha Fund (USD)!** 0.4/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.511/ APS Komaba Global
      9,351 words
  • Page 21 Advertisements


  • FINANCE & COMMODITIES
    • 368 23 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Mar10 World Index Preliminary 550.2 4.3 -18.8 3.9 -16.4 4.8 -21.1 EAFE Preliminai 534.9 3.2 -17.6 3.2 -18.3 4.1 -23.3 Euroi Prelim inan 750.6 5.2
      368 words
    • 130 23 As at 9am Mar 11 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 0.9830 1.0410 Lan dollar 1.1900 1.2060 Euro 1.9370 1.9620 NZ dollar 0.7620 0.7800 iterlini ind 2.1000 2.1270 US dollar 1.5300 1.5490 Local dollars to 100 units of foreign
      130 words
    • 175 23 Mar 11 s. Offer Bid Overnight 1-month 2-months 3-months Overnight mode: 1/8 US$ 1/8 7/16 9/16 11/16 Offer 1/16 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.45 0.60 1.20 1.50 2.10 2.50 2.60 Offer 0.35 0.50
      175 words
    • 25 23 Mar 11 ten HL Sett STI IIMSCI Mar 183.1 184.4 181.4 "aiwan Mar 181.3 181.4 179.7 Source: MF Global (S) Pte. Ltd
      25 words
    • 22 23 Mar 11 S$ Bid Offer 1-month 1.5393 1.5409 2-months 1.5388 1.5406 3-months 1.5382 1.5401 6-months 1.5372 1.5392 Source: OCBC
      22 words
    • 66 23 Mar 11 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Mar 09 2082 2060 2095 2075 173 593 Apr 09 2035 2005 2078 2005 1418 8779 May 09 1990 1980 2026 1976 7427 ***** Jun 09 1954 1950
      66 words
    • 296 23 Mar 11 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar09 Jun09 Sep09 Dec09 98.6450 98.5700 98.5000 98.3350 6317 8250 5522 2303 EUROYEN TIBOR FUTURES Mar09 99.310 99.315 Jun09 99.395 99.395 Sep09 99.440 99.440 Dec09 99.450 99.450 MarlO Jun10 Sep10 DedO 99.310 99.385 99.440 99.450 99.315 99.390
      296 words
    • 184 23 Mar 11 (UbbbK Futures (Closing prices) !SS 3 (US cents/kg) /lonth High Low Close Sett Volume (lots) O/l lots) \pr09 Vlay09 138.5 un 09 ul 09 136.5 \ug 09 >ep 09 138.5 136.5 139.5 139.5 139.5 137.5 137.0 137.0 24 20 867 796 857 1109 686 544 rSR
      184 words
    • 86 23 Mar 11 Period Issue code Maturity Yesterday's Bid Hi' Day's [h Low 3-Month BQ*****Z 11.06.09 1-Year BY*****V 02.11.09 0.28 0.41 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's ah Low Hii 2-Year N*****0E 3.125 5-Year NX*****Z 2.250 7-Year N*****0S 2.875 10-Year NY*****A 4.000 15-Year NY*****X
      86 words
    • 102 23 Mar 10 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 09 889.00 881.00 905.00 881.00 May 09 877.00 865.00 895.00 861.25 Jul 09 876.75 863.00 893.25 860.00 Aug 09 865.50 851.00 879.50 850.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 09 30.72 30.51 31.45 30.70
      102 words
    • 77 23 CRUDE OIL PRODUCTS Mar 10 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 46.51 0.50 WTI (Near Mth) 45.71 -1.45 Dubai (1-Mth F) 43.57 0.16 Tapis blend 49.10 0.10 Minas 45.40 unch PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 43.00 48.25 0.23 -0.35 USS/barrel Opec Oil
      77 words
    • 462 23 Mar 11 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.826 4.398 0.508 4.986 32.888 76.949 0.634 9.455 2.376 1.282 51.621 31.108 0.990 6.641 0.748 22.177 23.159 0.467 0.643 Canada 1.211 5.324 0.615 6.036
      462 words
    • 79 23 Mar 11 6 mths 1.***** 9 mths 1.***** 12 mths 2.***** SWAP Mid rates (Ss) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** syrs 2.***** 7yrs 2.***** 10yrs 2.***** 12 yrs 2.***** 15 yrs 2.***** Source: Thomson Reuters (US$) (SS) 0.***** 0.***** 1 mth 2 mths 1.***** 0.*****
      79 words
    • 132 23 Mar 11 /oz) lar lar Hong Kong .ondon 879.70 908.40 878.70 909.40 MariO Mar 09 893.20 917.85 895.20 919.35 Source: Thomson Reuters CAST BAR (S$) Mar 11 Buying Sellini Kilobar "47,937.07" ***** PAMP GOLD BARS (SS) Selling Buying gm jam Ogm !0gm iOgm OOgm oz ozUBS Kinebar™ 107
      132 words
    • 156 23 Mar 11 a--: 4. net Currencies Bid Offer Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 0.9893 0.9911 0.6426 0.6431 Canadian dollar 1.1979 1.1997 0.7781 0.7785 Euro 1.9485 1.9510 1.2656 1.2660 NZ dollar 0.7715 0.7730 0.5011 0.5016 Sterlini ind 2.1177 2.1204 1.3755 1.3759 US
      156 words
    • 61 23 ,luminium, 99.7% urity (US$/tonne) Close Previous :ash 1287.75 months 1322.00 1265.25 1299.00 Copper, Grade A (US$/tonne) :ash months 3690.50 3720.00 3582.75 3611.00 .ead (US$/tonne) :ash months 1284.00 1294.00 1240.25 1250.00 lickel (US$/tonne) :ash months 9857.00 9935.00 9600.00 9675.00 'in (US$/tonne) :ash *****.00 *****.00 months *****.00 *****.00 inc, Special
      61 words
    • 73 23 Mar 10 :OCOA (E/tonne) Close Prev Hii ih/Low Mar 09 1797 1833 1846/1777 May 09 1770 1776 1792/1750 Jul 09 1724 1727 1743/1709 Sep 09 1702 1706 1720/1688 COFFEE (USS/tonne) Close Pev High/Low Mar 09 1432 1464 1465/1430 May 09 1436 1460 1462/1425 SUGAR (US tonne) White Close Prev
      73 words
    • 2292 23 BONDS, WARRANTS EXTENDED SETTLEMENT rei Lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left 2058 Advance Modules Grp W*****3 6 susp >036AdvanceSCTLtdW*****9 0.5 1 17 156 1.50 1 87 2088 8.00 41 17 3092 Asia Environment W*****4 0.5 1 38 267 21.00 5
      2,292 words

  • Page 24 Advertisements
    • 3485 24 m The Business Times Shipping Times A WAN HAI INTERNATIONAL PTE LTD UEN: *****4695M |^v A^^^V K]^M wExMli&gffWMWnX IT\m\ lAf A M UAI I IMFC TEL:*****588 (14LINES) FAX:*****163 BF»^B yiTIH lilHJtTl^B SHnllnmlilimPlvllllM BH'WSSWWI^^HWB'PB IV, tPI I l/lf/lN HAI INtj PKL TEL: (OS) *****88S FAX: (OS) *****23s PEN TEL: (04) *****00
      3,485 words

  • Page 25 Advertisements
    • 5148 25 Pi SI irfil EASTERN CAR LINER, LTD laa^ai'iiiMiM tSM Hf—^—— 1 SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS P^^M MJUMmjlllliiiM Ipillllll^'llllllllllilHHHß II I II inKKT) I Lillinq(KT) I SIN I PKL I KUC I KB I )KT I SUR I VOY !l![ID DISTiHtiOM PCL/PHL SERVICE AMX SERVICE Connecting ECL
      5,148 words

  • PROPERTY
    • 511 26  -  JANE MOIR Industry players call for more market liquidity and easier mortgage financing By in London ATTEMPTS to stimulate Britain's flagging property market by slashing interest rates have been dubbed futile by a leading industry lobby group, as mortgage lending fails
      BLOOMBERG  -  511 words
    • 618 26 Reuters It is cutting dividend as transaction volumes tumble [LONDON] Property broker Savills reported a 61 per cent fall in pre-tax profit to £33.2 million (5570.7 million) yesterday as activity in the world's catatonic property market plumbed "unprecedented" depths. The London-listed agent, which
      – Reuters  -  618 words
    • 718 26 Bloomberg [SYDNEY] Australian home loan approvals rose in January as government handouts and interest rate cuts spurred record demand among first-time property buyers. The number of loans granted to build or buy homes and apartments climbed 3.5 per cent to 55,628 from
      Bloomberg  -  718 words
    • 322 26 Bloomberg [HONG KONG] Sun Hung Kai Properties Ltd, the world's largest builder by market value, said fiscal first-half profit fell 95 per cent on the reduced value of buildings it holds for investment. Net income dropped to HK$692 million (*****.1 million),
      ■ Bloomberg  -  322 words
    • 374 27 Buyer is firm owned by member of family that developed International Plaza A COMPANY owned by a member of the family that developed International Plaza has bought the freehold Le Mercier House in Mohamed Sultan Road for $35.8 million. The buyer of 65
      374 words
    • 465 27  -  PAULINE NG By in Kuala Lumpur MALAYSIA'S property market will consolidate over the next six months after ending last year with a whimper, says property firm Debenham Tie Leung (DTZ). Despite the slump, DTZ does not anticipate immediate fire sales, but expects opportunities
      465 words
  • Page 26 Advertisements
    • 595 26 I Toll free: 1800-289-8822 Rfe^^ f I If F^ Email:not' ces@s Phc°ms9 _1_ V^-/ J_ -L V-^ -I—(kJ www.cats.com.sg THE COMPANIESACT OCAP 50 IN THE MATTER OF IN THE MATTER OF THE AND IN THE MATTER OF COMPANIES ACT, CAP 50 JOURNEYS WINE CAFE PTE SHEK PROPERTIES PTE. LTD. AND
      595 words
    • 22 26 _^E7lRv'ik'__H I ;y~yj~"' i Call •O^/OO*r*r Newsman Realty Pte Ltd I PRESTIGIOUS DEVELOPER'S LAUNCH UIT international building "1 I 36° ORCHARD ROAD
      22 words

  • Page 27 Advertisements
    • 1231 27 I I ll'Mr-i* if ll».|||Tl 8 Tagore Drive Land Size 92,6645qft or 20,000sqft onwards Plot Ratio 2.0 Zone Business 1 can *****123 BS Capital Pte Ltd TVa^J BilWMfB Code V f 1 4 m HOW TO ZAP: Download software by SMS-ing the word "zap" V^CJ\/lIIVJ to ***** (post-paid) or 9741
      1,231 words