The Business Times, 14 April 2009

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Total Pages: 48
1 48 The Business Times
  • 21 1 THE BUSINESS TIMES Ssl oo online at http://www.businesstimes.com.sg Sf]?l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Tuesday, April 14,2009
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  • 790 1  -  KALPANA RASHIWALA Recent strong home sales, refinancings help boost demand By [SINGAPORE] Away from the glare ofthe market, valuations departments of property consultancy groups here have been quietly doing brisk business despite the property slump. Valuers attribute this in part to a pick-up in sales
    790 words
  • 559 1 At least two dead and 113 injured as demonstrations and confrontations escalate [BANGKOK] Thai Prime Minister Abhisit Vejjajiva yesterday urged demonstrators seeking his removal to disperse after clashes left two dead and at least 113 people injured as soldiers battled to restore order to Bangkok's streets.
    AP  -  559 words
  • MARKETS DIGEST
    • 30 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.53 HONG KONG 5.00 INDONESIA 16.430 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: I
      Bloomberg  -  30 words
    • 43 1 lom lay lange I COMP 941.41 +0.03 IIKKEI225 8,924.43 -39.68 IANG SENG Closed CET INDEX Closed JAKARTA COMP 1,540.40 +74.65 1ANILA COMP 2,043.20 -29.61 CEOULCOMP 1,338.26 +2.22 CHENZHENB 367.15 +7.94 IUMBAI IND 10.967.22 +163.36 12 noon EDT Chant )OW 7,982.86 -100.52 IASDAI
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    • 45 1 IS$ (S$ per US$) 1.514 (US$/S$ per 1.473 2.230 :uro (USS/SS/E) 1.321 2.000 Foreign currency per US$ S$ 'EN 100.70 66.50 3.626 2.395 IK$ 7.750 5.118 !AHT 35.66 23.55 CUPIAH 11,110 7,337 CENMINBI 6.833 4.512 INDIAN RUPEE 49.88 32.94 1.381 0.912 IZ$ 1.706 1.127
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  • Page 1 Advertisements
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  • Page 1 Miscellaneous
    • 48 1 HOSTAGE CRISIS Satyam SATYAM HOTELS SME INC mrtl\ US Navy rescues ship Tech Mahindra Occupancies, room Looking up wk f x*~ ■*> <*fl____> __H1 B__l______captain, kills 3 pirates i wins bid rates expected in a downturn {v^-'-PAGE 37 lK_SH_k. 1U RAGE 2 to drop PAGE 48 RAGE 15 i
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  • TOP STORIES
    • 590 2 Shares dive 16% on news of govt's directions [DETROIT] Shares of General Motors Corp (GM) plunged GM plunged 16.18 per cent to US$l.7l by noon yesterday after a report that the US Treasury was directing the carmaker to lay the groundwork for a
      590 words
    • 611 2  -  AMIT ROY CHOUDHURY It'll buy new shares for 31% stake in the troubled Indian software company By [SINGAPORE] Scandal-hit Indian IT services company Satyam Computer Services has finally got a new owner. Tech Mahindra, an Indian IT company, has outbid its rivals with
      611 words
    • 709 2  -  LEE U-WEN By [SINGAPORE] Thailand and the Association of Southeast Asian Nations (Asean) have suffered "huge damage" after a major summit involving 16 regional leaders was scrapped on Saturday because of protests against the Thai government. The events that unfolded in the
      709 words
    • THREE-MINUTE DIGEST
      • 51 2 THAI troops fired at crowds of antigovernment protesters here yesterday and demonstrators fought back with firebombs and rocks, killing two people and injuring 113, and propelling Thailand deeper into political crisis. One person was shot dead in fighting between protesters and residents, a minister said. FRONT
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      • 45 2 AWAY from the glare ofthe market, valuations departments of property consultancy groups here have been quietly doing brisk business despite the property slump. Valuers attribute this in part to a pick-up in sales at private residential property launches. FRONT PAGE
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      • 49 2 J SCANDAL-HIT Indian IT services company, Satyam Computer Services, finally got a new owner as Indian IT company, Tech Mahindra, outbid others with a US$352 million offer for a 31 per cent stake in the company. TOP STORIES, PAGE 2
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      • 65 2 MGM Mirage is racing to beat the clock as it faces a deadline to restructure its finances and Wall Street fears it is running out of options to pull it off. The casino operator has been looking to sell assets to avoid bankruptcy, but
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      • 42 2 SINGAPORE bank stocks rose sharply yesterday amid a broad market rally across much of Asia. But analysts were quick to warn that little has changed in the outlook for banks here. COMPANY NEWS, PAGE 8
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      • 69 2 FOLLOWING the accounting fallout over companies such as FibreChem Technologies and China Sun Bio-Chem, auditors have been sounding the "emphasis of matter" alarm practically every market day. Since the start of March, 44 companies have been flagged by auditors in "emphasis of matter" notes that
        69 words
      • 65 2 SINGAPORE Press Holdings yesterday reported a 12.6 per cent drop in second-quarter net profit to $87 million, from $99.6 million a year ago, as the economic slowdown hit advertising revenue and profits from its print media business. Earnings per share for the
        65 words
      • 43 2 THE Economic Development Board still expects to meet its target of bringing in $10-$l2 billion of fixed asset investment commitments this year, though keeping these figures up in 2010 will be challenging. SINGAPORE NEWS, PAGE 14
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    • 70 2 [SINGAPORE] Parliament was prorogued at the end of its sitting yesterday. The second session of the Eleventh Parliament will be convened with the President's Address on May 18. At the opening of the new session, the president, in his address, will announce the priorities, policies and programmes ofthe
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    • 216 4 [SINGAPORE] DBS staff lined the road outside their Shenton Way office tower yesterday to say their final farewell to chief executive Richard Stanley, who died of an infection last Saturday after a struggle with leukaemia. He was 48. The cortege passed the headquarters of Singapore's
      YEN MENG Jll IM  -  216 words
    • 506 4 -Reuters It wants to sell assets but falling property values made sales unviable [LOS ANGELES] MGM Mirage is racing to beat the clock as it faces a deadline to restructure its finances and Wall Street fears it is running out of options to pull
      -Reuters  -  506 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
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  • Page 4 Advertisements
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      553 words

  • Page 5 Advertisements
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      699 words

  • SINGAPORE MARKETS
    • 603 6  -  R SIVANITHY STOCKS STI rises to 1,876.77, with turnover driven by penny stocks as trading is confined to the few open Asian markets TRADERS yesterday continued to bet on Wall Street rallying this week, with hectic churning in the penny sector leading to suggestions
      : Bloomberg  -  603 words
    • 91 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 10 2 6 0 0 0 10 2 6 lanufacturing 81 29 59 12 90 36 71 Commerce 29 14 23 31 18 26 'pt/Stor/Comms 23 12 23 12 :inance 18 19 Construction 15 16 'roperties
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    • 114 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 20.686 20.686 67.338 67.338 lanufacturing 358.519 23.707 382.226 151.319 578 151.897 Commerce 128.555 7.954 136.509 49.830 705 50.535 ■pt/Stor/Comms 143.930 80 144.010 165.757 165.760 :i nance 32.982 19 33.001 206.859 206.860 Construction 81.588 18.041 99.629 11.450 195 11.645 'roperties
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    • 104 6 lapitaLand 2.730 +0.070 lapitaMall 1.300 +0.020 jtyDev 5.900 +0.250 lomfortDelGrc 1.350 losco Corp 0.990 +0.035 IBS Grp 9.250 +0.340 :&N 2.500 -0.030 ient Intl 0.590 +0.010 iolden Agri 0.335 +0.010 IK Land 2.500 +0.120 IMH 20.800 +0.940 ISH 10.940 +0.140 lardineC&C 14.080 +0.860 Ceppel Corp 5.620
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    • 288 6  -  JAMIE LEE SMRT Corporation April 13 close: $1.49 KIM ENG RESEARCH, April 13 WE expect a relatively weak operating quarter in Q4 2009 as ridership was weak for both trains and buses. Our full-year profit forecast is $157.7 million, suggesting Q4 net profit of $33.7 million (-1.5 per
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    • 228 6  -  KEN TAI CHART POINT THE Straits Times Index continues to exhibit bearish divergence: a telltale sign that suggests that the current uptrend may not prevail beyond the short term. To arrive at this conclusion, we base our observation over several time periods. On March 27,
      Bloomberg  -  228 words
    • 521 6  -  LARRY WEE CURRENCIES WALL Street posted strong gains of 3 per cent and more ahead of the Easter break last Friday, and this was again the most important mover of financial markets in Asia yesterday. For the fifth week running, key
      Reuters  -  521 words
    • 4 6 DAILY
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    • 58 6 Apr 13 VALUE CLOSE IT OB/OS 566.00 +172. C IT CADI -*****.00+180. IT 10-day MA -*****.00+56.01 TSE ST Mid Cap 373.76 +8.4. TSE ST Small Cap 286.01 +5.7, TSE ST All Share 445.85+11.1 TSE ST China Top 173.56 +4.9 TSE ST China 168.50 +4.4i OB Catalist 70.96
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    • 60 6 VOLUME Magnus 86,477,000 Diqiland 55,171,000 China Honqxinq 48,440,000 Golden Agri 46,960,000 Cosco Corp 45,851,000 See Hup Seng 45,202,000 Yanqzijianq 33,256,000 Gent Intl 29,964,000 Straits Asia 29,773,000 Chart SemiCond 23,621,000 VALUE(S) DBS Grp 64,984,600 SGX 59,802,550 Capita Land 49,532,820 Keppel Corp 48,908,030 Cosco Corp 45,663,420 UOB 44,315,900 OCBC
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    • 108 6 CLOSE UP IMH 2080 142.3 4.7 MS India 10US$ 866 90.8 7.. lardine C&C 1408 86.0 6. .sia Pac Brew 970 52.0 5. 'BS.ES.0904 921 45.0 5.1 reat Eastern 860 40.0 4. :iMBAsean40 100US$ 525 39.4 5.. ;embMar.ES.0904 221 38.0 20.: LP 10US$ 8750 36.3 0. 'BS Gr| 925
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    • 120 6 CLOSE DOWN DBXT S&P Short 10US$ 7544-254.3 -2.2 YHS 132 -63.0 -32.3 DBS RB ePW*****3 116 -28.0 -19.4 I seta n 300 -16.0 -5.1 SIA.ES.0904 1138 -12.0 -1.0 STI 1950BNPePW*****9 24 -8.0 -25.0 Kei RBePW/*****6 94.5 -7.5 -7.4 S I A 1140 -6.0 -0.5 SIA 200 1144 -6.0 -0.5
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    • 85 6 Apr 13 CLOSE CHNG FR Apr 9 YR2009 S$ LOW S$ HIGH USS 1.5162 -0.09 1.5579 1.4308 Euro 1.9999 0.68 2.0732 1.9150 Pounds 2.2271 -0.28 2.2712 2.0356 1.0958 -1.67 1.1010* 0.9453 ren* 1.5078 0.47 1.7278 1.4831 Rupiah* 0.***** -1.95 0.***** 0.***** Baht* 4.2566 0.25 4.3390 4.1040
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  • Page 6 Advertisements
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      97 words

  • STRATEGIC LEADERSHIP
    • 1310 7 The services sector now accounts for two-thirds of Spores GDP, so it is vital to gauge its competitiveness, reports UMA SHANKARI SERVICE competitiveness has become increasingly more important to Singapore as the services sector here has grown to account for as much as two-thirds of the
      YEN MENG Jll IM  -  1,310 words
  • Page 7 Advertisements
    • 470 7 The National Benchmark of iy $mjj Customer Satisfaction Muacuari fl' Transportation and Logistics Tourism, Hotels and Retail Info-Communications Food and Beverage Finance and Insurance Jointly developed by the Institute of VS Airlines Accommodation Services Clocks and Watches Internet Service Providers Bars and Pubs Commercial Banks Service Excellence at Singapore Cathay
      470 words
    • 65 7 liyi SMT J__ INSTITUTE OF JIVI.U SERVICE EXCELLENCE ■*B SINGAIOM MAUACIMHJT ~f SINGAPORE MANAGIMINTUNTVtRSm* UNIVERSITY Strategic Leadership A four-parter weekly series brought to you by the Institute of Service Excellence at Singapore Management University (ISES). Featuring findings from the Customer Satisfaction Index of Singapore, it also reveals insights on leadership
      65 words

  • COMPANY NEWS
    • 658 8  -  CONRAD TAN No change in fundamentals seen; year ahead still looks tough By SINGAPORE bank stocks rose sharply yesterday amid a broad market rally across much of Asia. But analysts were quick to warn that little has changed in the outlook for banks
      FILE PHOTO  -  658 words
    • 624 8  -  SIOW Ll SEN AS DBS boss Richard Stanley was laid to rest yesterday, the stock rallied in line with the surge in the broader market. DBS ended 3.8 per cent up and is the second best performing bank stock among the three
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    • 869 10  -  JOYCE HOOI These notices come after SGX's call last month for closer scrutiny by auditors By FOLLOWING the accounting fallout over companies such as FibreChem Technologies and China Sun Bio-Chem, auditors have been sounding the "emphasis of matter" alarm practically every market day. Since
      869 words
    • 572 11  -  TEH SHI NING Economic slowdown hits advertising sales; property revenue up 33% Reports by SINGAPORE Press Holdings (SPH) yesterday reported a 12.6 per cent drop in second-quarter net profit to $87 million, from $99.6 million a year ago, as the economic slowdown
      572 words
    • 131 11 CIRCULATION of The Business Times rose 2 per cent year-on-year in the six months ended Feb 28, 2009. The daily registered the third-highest circulation growth among the nine newspapers that Singapore Press Holdings (SPH) sells. Circulation of Shin Mm Daily News surged 6.9 per
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    • 357 11  -  NISHA RAMCHANDANI By RESORT operator Banyan Tree Holdings' shares fell yesterday as anti-government protests intensified in Thailand. Banyan Tree closed at 34.5 cents, down 5.5 per cent from 36.5 cents, while Thailand's biggest brewer and distiller Thai Beverage fell to 17 cents at
      357 words
    • 376 11  -  JAMIE LEE By FOOD caterer Select Group said yesterday that it intends to rent a building for at least $1.65 million and convert it into a boutique hotel. It plans to rent the annex to the office block Tower Fifteen at
      376 words
    • 606 12  -  UMA SHANKARI But board says Tan Lye Huat's allegations are unfounded By THE independent director of Kian Ho Bearings, who was asked to resign, has voiced concern that he is being asked to leave because of his willingness to act independently
      606 words
    • 465 12  -  LYNETTE KHOO By CHINA Sky Chemical Fibre halted trading yesterday morning, pending the release of an announcement. But already making the rounds was talk of a potential forced-sale of shares pledged by a major shareholder and a profit warning for the first
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    • 321 12  -  LYNETTE KHOO By HIT by slower collections of trade receivables and more rapid closures of point-of-sales (POS), Beauty China has stepped on the brakes in its expansion. It is suspending the plan to open 300 new POS and the launch of hair colorant products this
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    • 263 12  -  MICHELLE YEO By TIANJIN Eco-City a bilateral project between China and Singapore is set to get an international school to boost its efforts to attract foreign talent. Keppel's Sino-Singapore Tianjin Eco-City Investment and Development Co (SSTEC) signed a memorandum of understanding with Chiway Holding
      263 words
    • COMPANY BRIEFS
      • 74 12 HEALTHWAY Medical Corporation has announced a scrip dividend scheme under which shareholders can elect to receive cash or ordinary shares as dividends. The scheme will provide an opportunity for shareholders to build their equity in the company without having to outlay cash, while helping
        74 words
      • 78 12 METAL-STAMPED parts specialist Miyoshi Precision said yesterday its first-half FY2009 net profit feU 44.8 per cent to $2.9 million as sales, hit by the global downturn and poor consumer sentiment, slid 30.2 per cent to $51.1 million. The company's cash position
        78 words
      • 102 12 ZHONGHUI Holdings said yesterday it has contacted its executive chairman Gao Bin, who has said management is studying the findings of an audit and suggestions made by independent director Lin Song. Auditor PricewaterhouseCoopers found among other things that at least 90
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  • Page 8 Advertisements
    • 1015 8 RfC N A CNA GROUP LTD. J& I Company Registration No. *****0449K (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at Carlton Hotel Singapore Empress Room 2 (level 2), 76 Bras Basah Road Singapore *****8 on 29th
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    • 1560 8 IC N A LllllML^ mnnfiF nf mbium fe NOTICE IS HEREBY GIVEN that the Nineteenth Annual General Meeting of CNA Group Ltd. will be held at Carlton Hotel Singapore, Empress Room 2 (Level 2), 76 Bras Basah Road, Singapore *****8 on Wednesday, 29 April 2009 at 10.00 a.m. to transact
      1,560 words

  • Page 9 Advertisements
    • 1187 9 Singapore Press Holdings Limited Incorporated in Singapore. Co. Reg. No. *****2868E Unaudited Results for the Period ended 28 February 2009 (Extract) m mma mm .it's about.- 3SP C3tPW3VS Wil LvJ I V im GROUP FINANCIAL HIGHLIGHTS SPH REPORTS SECOND QUARTER NET PROFIT OF 2Q 2Q IH IM SsB7 MILLION 2009
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  • Page 10 Advertisements
    • 3448 10 ECS ECS HOLDINGS LIMITED f± Jfl£ jljjl J± Company Registration No. *****4760R (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Eleventh Annual General Meeting of the Company will be held at 19 Kallang Avenue #07-153 Singapore *****0 on Thursday, 30 April 2009 at 10.00 am to
      3,448 words
    • 981 10 AP OIL INTERNATIONAL LIMITED Registration No. *****2257 M 30 Gul Crescent, Jurong, Singapore *****5 NOTICE IS HEREBY GIVEN that the 2009 Annual General Meeting of the members of the Company will be held at 30 Gul Crescent Jurong Singapore *****5 on 30 April 2009 at 3.00 p.m. for the purpose
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  • Page 11 Advertisements
    • 504 11 This announcement appears as a matter of record only. This document is for general information purposes only and is not an offer to sell or a solicitation of an offer to buy any product. International Group 2008 Total Capital Raised: Over USD$4B7,OOO,OOO* Syndications Completed During 2008 Listed Below** Caddo Creek
      504 words

  • Page 12 Advertisements
    • 616 12 I ECS I 1 ii m m n 1 ECS HOLDINGS LIMITED Company Registration No. *****4760R (Incorporated in the Republic of Singapore) I I mm MifrMliillHifflf It '&&SJ&&__]Gi&&__s!i!»<&S^^ ,<; ■i• i n ■1 1 i•iii i 11 ■i i•iii i 11 ■i i•i,i i 11 ■i i•i,i i 11 ■r,i•i,
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  • SINGAPORE NEWS
    • 450 13  -  CHUANG PECK MING YESTERDAY IN PARLIAMENT Also after corporatisation, price-cap regulation to ensure airport stays competitive By AIRPORT charges at Changi Airport will stay unchanged for two years after its corporatisation and a price-cap regulation will be put in place to
      450 words
    • 439 13  -  CHEN HUIFEN Byl THERE is no need for the government to step in as a loan guarantor for property developers, even though banks have generally become more cautious about lending to them, National Development Minister Mah Bow Tan said yesterday. Plenty
      439 words
    • 404 13  -  CHUANG PECK MING By RATHER than putting curbs on freedom of speech and expression, the Public Order Bill passed by Parliament yesterday is a step towards opening up while making sure peace and order is maintained, Second Home Affairs Minister X Shanmugam said yesterday. Moving
      404 words
    • 230 13  -  CHUANG PECK MING By YOU can be fined more for smoking than for carrying out illegal works under the current Preservation of Monuments Act (PMA). A person who smokes in a prohibited place or vehicle can be slapped with a fine of up
      230 words
    • PARLIAMENT BRIEFS
      • 74 13 ABOUT 17,000 people have enrolled directly for training under the Skills Programme for Upgrading and Resilience (Spur) without sponsorship by an employer, Minister of State for Manpower Lee Vi Shyan said yesterday. The number of Spur courses has also been increased to 800, from 200. Ofthe
        74 words
      • 47 13 FOLLOWING the implementation of means testing at restructured hospitals this year, the average Class B2 and C hospital bill has remained relatively stable around $1,500, said Health Minister Khaw Boon Wan. This is well within the Medisave withdrawal limits.
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    • 459 14  -  TEH SHI NING By 2010, Singapore's economic strategy focus will be on innovative activities By THE Economic Development Board still expects to meet its target of bringing in $10-12 billion of fixed asset investment commitments this year, though keeping these figures
      459 words
    • 379 14  -  ONG BOON KIAT By FIRMS will soon be able to get technical help, training and access to free software to help them adopt cloud computing a budding technology seen as one of Singapore's future economic pillars. The Infocomm Development Authority (IDA) of
      379 words
    • SINGAPORE ROUNDUP
      • 51 14 CHAN Sek Keong has been re-appointed by the President as Chief Justice from April 11, 2009 to Nov 5, 2012. Chief Justice Chan has also been re-appointed as chairman ofthe Presidential Council for Minority Rights for a further term of three years, also from April
        51 words
      • 49 14 THE Housing and Development Board yesterday launched the sale of 438 flats through the April 2009 half-yearly sale of three-room premium, four-room and bigger flats. The flats for sale are in 23 towns and estates islandwide, including Yishun, Punggol, Sengkang and Jurong West.
        49 words
      • 61 14 FOUR business leaders have been appointed by the National University of Singapore (NUS) to its board of trustees. They are: Hans-Dieter Bott, former managing director of Siemens Pte Ltd; Hiew Yoon Khong, chief executive officer of Mapletree investments; Michael Lien, executive director of Wah Hin and company;
        61 words
      • 39 14 lON Orchard yesterday announced the start of recruitment exercise in preparation for its opening in about four months. Job seekers can expect over 3,000 openings in various areas, ranging from customer service to managerial positions.
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    • 619 14  -  CONRAD TAN By CITIGROUP earned $1.2 billion net from its Singapore operations last year as its consumer banking unit raked in record profits, its Singapore country head said yesterday. Overall, the net profit from Citi's main Singapore businesses including corporate banking, investment banking
      619 words
    • 397 14  -  NISHA RAMCHANDANI By WHILE cutting marketing budgets during a recession may be a knee-jerk reaction, doing so makes little difference to profitability. During a recession, maximising the return on investment (ROI) comes under more intense scrutiny, said Stephen Mangham, group chairman of Ogilvy
      397 words
  • Page 13 Advertisements
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    • 2635 13 V*_dL r< Toll free: 1800-289-8822 ma |\l fl Iff r-i Email: notices@sph.com.sg X V»_-/ JL JL^___f ff _J www.cats.com.sg ff Q NEWTOWN CHINA NEWTOWN DEVELOPMENT COMPANY LIMITED Company Registration Number *****73 (Incorporated as a business company limited by shares under the laws of the British Virgin Islands) ("Company") NOTICE OF
      2,635 words

  • Page 14 Advertisements
    • 1797 14 w A WATS Mrtr*i FIRST^wIYLINI*? FIRSTLINK INVESTMENTS CORPORATION LIMITED im_mß^ (Registration No. *****2562E) NOTICE IS HEREBY GIVEN that the Thirtieth Annual General Meeting of the Company will be held at The College, NUSS Suntec City Guild House, 3 Temasek Boulevard #05-001 Sun tec City Mall, Singapore *****3 on Thursday, 30
      1,797 words

  • SME Inc
    • 900 15 The property consultancy finds that recession brings more opportunities for overseas growth and acquisitions, reports JESSICA YEO SLP International Property Consultants sees the downturn as a refreshing change of pace. In fact, the recession is a welcome respite for the company to start expanding. "It's
      ARTHUR LEE  -  900 words
    • 863 16 Starting small was the way to success for this company, which now provides a solid array of integrated services, reports JESSICA YEO AFTER five years of rapid growth, Teambuild Construction is in consolidation mode it's going back to the basics to ride out the downturn. But
      863 words
    • 425 17  -  TEH HOOI LING By STOCKS pretty much held on to their gains from last week. Our small cap portfolio edged up 1.2 per cent, trailing the Straits Times Index's 1.6 per cent advance. Topping the gainers' list was Yongnam's warrants which rose
      425 words
    • 989 17  -  CHEN YEW NAH Better and stronger Benefits of adopting technology innovation Increased productivity 76 Improved cost efficiency 59 Wider range of products services available 20 Shorter turnaround 14 Enhanced image reputation 13 Wider market coverage 11 Facilitates customisation 7 As business slows, SMEs
      989 words
    • 1213 18 THIS WEEK'S TOPIC How important is innovation to SMEs, especially in poor market conditions like now? Why do some SMEs innovate successfully, while others don't? Evelyn Ho Group financial controller Pamarine INNOVATION is crucial for growth, especially in poor conditions, as innovation prepares a company
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  • Page 15 Advertisements
    • 3266 15 w^^i WATS J_^l \^>/ A. J_^^ I*J l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg UNIFIED COMMUNICATIONS HOLDINGS LIMITED p\ EASTGATE TECHNOLOGY LTD (Incorporated toTe'Repubiic of Singapore! Ufi (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING t~ ComDanv Rea. No. *****5519R I H>l EaStGatE y v NOTICE
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  • Page 15 Miscellaneous

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    • 4359 16 *^4 BSAR3 X^l \±_S A. A.\*J J-J l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg rv> A-SONIC AEROSPACE LIMITED M %/j^l%kf I f"* '\Sllk.l A^^k^\ (Incorporated in the Republic of Singapore) r(_/fVL3 Wffy 1» Company Registration No. *****1838G S* M M ffl 8M Irt /^'-»l-l-i/-M-ri/-\+ Registered Office: I GHI IIGI
      4,359 words

  • Page 17 Advertisements
    • 27 17 CATS Recruit The first step on your ladder to success o < (J Lianhe Zaobao Veteran businessman S.D. Chung's f no, \m mm m m V J #§s§mm?
      27 words
    • 103 17 lj l"l I "I FINANCIAL REPORTING PAYROLL PROCESSING XBRL Filing Payroll Administration SWAT Accounting Leave Administration Routine Accounting GST Training Administration Reporting Staff Insurance Administration CFO2SME™ Claims Processing Business Crisis Management Employment Pass Work Permit Application STAFFING SOLUTIONS IT OUTSOURCING MANAGED SERVICES SAGE ACCPAC ERP Technical Managed Services in Accounting
      103 words
    • 1120 17 Kencana Agri Limited Registration Number: *****7793E (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the 2009 Annual General Meeting of the members of the Company will be held at Elmwood Room, Level 1, Swissotel Merchant Court, 20 Merchant Road, Singapore *****1 on
      1,120 words

  • Page 18 Advertisements
    • 2348 18 Almaveric MAVERIC LTD (Company Registration No: *****1583G) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Meritus Mandarin Singapore Ballroom 1, level 6, 333 Orchard Road, Singapore *****7 on Wednesday, 29 April
      2,348 words
  • Page 18 Miscellaneous
    • 82 18 The topic for next week's SME Voices column is: "Should SMEs venture into non-traditional markets to grow their business during the downturn? What factors should they consider when making such a decision? What markets are you considering?" If you are an SME owner or leader, we would like you to
      82 words

  • Page 19 Advertisements
    • 4162 19 O APEX-PAL INTERNATIONAL LTD. AnpY-Pal Company Registration Number *****4816E nLmninu (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the ANNUAL GENERAL MEETING of Apex-Pal International Ltd. (the "Company") will be held at One Irving Road, Apex-Pal Building, Singapore *****0, on Thursday, 30
      4,162 words
    • 2791 19 V-tf.d' kAT^VT'T^^X^r' Toll free: 1800-289-8822 mt |\l 11 If 1^ Ema'': nOtiCeS@SPrlCOm* SQ _L^l \__aE IV j I i_l www.cats.com.sg MEMTECH^^F MEMTECH INTERNATIONAL LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****2032Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifth Annual General Meeting of
      2,791 words

  • Page 20 Advertisements
    • 5449 20 w MAIS JL^I JL JL^__> JL__ l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg SWIBER HOLDINGS LIMITED MCL LAND LIMITED (Incorporated in the Republic of Singapore) W _-i ■■«1^B«' -killWII _m_r (Company Registration No. *****4721N) (c°- N°-: *****0074K) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING notice of annual general
      5,449 words

  • Page 21 Advertisements
    • 5424 21 w MAIS JL^I JL JL^__> JL__ l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg ____________________Ua_____W______m y f ©EZION HOLDINGS LIMITED tJ jfe (Incorporated in the Republic of Singapore) Ou_Ol--fl-?K£so' _^_Z_t I (Company Registration Number: *****4364E) Q NOTICE OF ANNUAL GENERAL MEETING (Incorporated in the Republic of Singapore on 16 December
      5,424 words

  • Page 22 Advertisements
    • 2447 22 SEE HUP SENG LIMITED (Company Registration No. *****2208Z) (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of See Hup Seng Limited ("the Company") will be held at 81 Tuas South Street 5, Singapore *****1 on Wednesday, 29 April
      2,447 words
    • 2855 22 <3> SKY CHINA PETROLEUM SERVICES LTD (Incorporated in the Republic of Singapore) Co. Reg. No. *****2303R NOTICE OFTHE ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 168 Robinson Road, Capital Tower, 9 m Floor, FTSE Room, Singapore *****2 on
      2,855 words

  • ECONOMY WATCH
    • 751 23 Reuters Weakening domestic demand, commodity prices drive nation towards deflation [TOKYO] Japanese wholesale prices fell at their fastest rate since 2002 in the year to March as weakening domestic demand on top of falling commodity prices drives Japan towards its second bout of deflation this decade.
      – Reuters; AFP  -  751 words
    • 626 23 Reuters [BERLIN] Finance Minister Peer Steinbrueck said in an interview published on Sunday that he has devised a master plan to help struggling German banks but said he still opposed creating a single "bad bank" for problem loans. "My analysis and my proposal
      – Reuters  -  626 words
    • 365 23 Reuters Poland's economy expected to expand by 1.5-2% in Q1 [LONDON] Poland's finance minister played down fears about the impact of the global financial crisis on eastern Europe in an interview broadcast on Sunday, calling some reports "alarmist". Latvia, Romania, Hungary, Ukraine and
      Reuters  -  365 words
    • 435 23 Reuters Banker warns they could even face a possible collapse [DUBAI] Islamic banks will face a crisis scenario by the end of September that could include forced consolidation if liquidity does not return to the financial sector, a leading banker said
      – Reuters  -  435 words
  • Page 23 Advertisements
    • 1923 23 V#_d*f A?^V-T.T^T-. =r* Toll free: 1800-289-8822 7^^_ fV 111 If r-f Email: notices@sph.com.sg X^l V___/ __L IV- _f 1 j l j www.cats.com.sg f_^LfHENG Ak tmttifHht Ll HENG CHEMICAL FIBRE TECHNOLOGIES LIMITED (the "Company") (Incorporated in Bermuda) (Company Registration Number: *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN
      1,923 words

  • MALAYSIA
    • 521 24  -  S JAYASANKARAN Inventories falling due to higher than expected demand, lower production By in Kuala Lumpur RISING global demand and a decline in inventories have pushed crude palm oil prices higher in a move that's rekindled interest in plantation stocks. Indeed,
      REUTERS  -  521 words
    • 369 24  -  PAULINE NG By in Kuala Lumpur VOLVO says it has suffered a 30-50 per cent plunge in orders for new trucks in Asia, with billions of dollars of government stimulus spending yet to kick in. "So far we are seeing little if any signs
      369 words
  • Page 24 Advertisements
    • 1509 24 gv global voice GLOBAL VOICE GROUP LIMITED (Incorporated in the Republic of Singapore on 18 September 1999) (Company Registration no. *****5625E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Global Voice Group Limited ("the Company") will be held at CIMB-GK Investment Centre, 50
      1,509 words
    • 2110 24 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg >^ SINGXPRESS LTD. (Company Registration No.: *****3164K) '^y (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of SingXpress Ltd. ("the Company") will be held at Swissotel Merchant Court Singapore, Maplewood Room, Level
      2,110 words

  • GREATER CHINA
    • 463 25 -AFP Beijing has sought to get more of its 1.1 billion residents to spend more [SHANGHAI] China is drawing up a fresh economic stimulus aimed at boosting consumption, state media reported yesterday, on top of a previous multi-billion-dollar plan targeting investment. The move
      -AFP  -  463 words
    • 631 25 -AFP [BEIJING] China is pushing aggressively for the wider use of its currency abroad, but it will likely take decades before it assumes a truly global role and challenges the US dollar, analysts say. The drive has seen a series of
      -AFP; AFP  -  631 words
    • 280 25 -AP [SHANGHAI] Chinese shares hit a 7 1/2-month high yesterday on hopes the economy's slump has bottomed out after the government reported bank lending in March was a monthly record. The benchmark Shanghai Composite Index jumped 69.47 points, or 2.8 per cent, to
      -AP  -  280 words
  • Page 25 Advertisements
    • 2560 25 V*Z? T^^T^T^r* Toll free: 1800-289-8822 w t^l II If r^ Email:notices@s Phcom* s 9 _L^l V___/ __L -L V___.-!___ k3 www.cats.com.sg AcfflEvA GROUP OF COMPANIES ACHIEVA LIMITED (Company No: *****7251 M) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Fifteenth Annual
      2,560 words

  • INDIA
    • 439 26 Bloomberg Economy expanded at slowest pace in 6 years; industrial output and exports in record plunge [MUMBAI] India's economy expanded at less than 7 per cent last fiscal year, the slowest pace in six years, as the global recession curbed demand for exports,
      – Bloomberg  -  439 words
    • 569 26 -NYT [MUMBAI] Having written off politics as a crass and irrelevant ritual for at least a generation, India's urban elite is beginning to reconsider its role. Meera Hiranandani Sanyal, a banker, said the death of a colleague in the terrorist attacks in Mumbai last
      -NYT; AP  -  569 words
  • Page 26 Advertisements
    • 3402 26 _L^l _L _L^_____. \_J Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg ft fl I I JADASON ENTERPRISES LTD FEDERAL INTERNATIONAL (2000) LTD Company Registration No :*****898K (Incorporated in Singapore) (Incorporated In Singapore w,th Limited Liability) Co Nq 1 gK j NOTICE OF ANNUAL GENERAL MEETING ________W*T_T*T^_fT*FWTW<TTHIT*T fT^TFF___M NOTICE IS HEREBY GIVEN
      3,402 words

  • ASIA-PACIFIC
    • 585 27 Reuters Competition in exports, energy may intensify between the two of them [SEOUL] South Korea yesterday expressed its concern about China's rise as a global economic power in a rare note that said the ascent of its powerful neighbour could harm
      Reuters; REUTERS  -  585 words
    • 439 27 Reuters But duties could be reimposed if it gets state aid: official [TOKYO] Japan said it would scrap a punitive import tariff on computer memory chips made by South Korea's Hynix Semiconductor Inc, ending a three-year trade spat between the Asian neighbours. Japan
      Reuters  -  439 words
    • 210 27 Reuters [SEOUL] EBay Inc has agreed to buy a controlling stake in South Korean online retailer Gmarket Inc for US$4l3 million, at a 32.5 per cent premium, news service eDaily reported yesterday. The long-discussed deal would help US online auctioneer eßay emerge
      – Reuters  -  210 words
    • 814 28 LATWP Foreign capital inflow is expected to fall by more than half this year [HO CHI MINH CITY] Just a couple of years ago, this city was among the hottest investment zones in Asia. Multinationals as large as chipmaker Intel Corp and smaller companies
      . – LATWP; AFP  -  814 words
  • Page 27 Advertisements
    • 3217 27 SATS J_^l __L I V -< I Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg P ySkMtf Hotune" 1) ZAGRO ASIA LIMITED _<PVWM >6_Msl Group Registration No.: *****6784 D A___V_Wi\Tt^ *T_k\__ (Incorporated in the Republic of Singapore) A^^m —m 1 k %^^^^H HOTUNG INVESTMENT HOLDINGS LIMITED <*• "Company-) SUPPLEMENTAL NOTICE OF ANNUAL
      3,217 words

  • Page 28 Advertisements
    • 3795 28 *^j SATS _L^l V__>/ J- _L^___ k3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg CENTRAL~ND I I /Ibroadway CENTRALAND LIMITED M i (Incorporated in Bermuda) INDUSTRIAL GROUP LIMITEDI Company Registration No.: *****5266K NOTICE OF ANNUAL GENERAL MEETING (Incorporated in Singapore with limited liability) NOTICE IS HEREBY GIVEN that the Annual General
      3,795 words
    • 11 28 m-*mm*mmr.m _^_m m_W____ \mmr_m^^_ ul «_w.iodio, H*-'- u"' Vi«Sa.M%-SBiS S£l |9t3FM|
      11 words

  • WORLD
    • 681 29 -MT Norway's Telenor latest to lose USsl.7b court battle with Russian firm [OMSK, Russia] This Siberian city would seem an unlikely place to decide the most prominent civil lawsuit in Russia. It certainly seemed an unusual venue to Telenor, the Norwegian telecommunications company
      -MT; i AP  -  681 words
    • 511 31 -AP NEWS ANALYSIS His 'no drama' handling of the Somali hostage crisis turns out a big win [WASHINGTON] The US economy is showing only glimmers of life and two costly wars remain in the balance, but President Barack Obama's "no drama" handling of the
      -AP; REUTERS  -  511 words
    • 797 32 -NYT They have much harder time finding work again than younger job-seekers [NEW YORK] When Ben Sims, 57, showed up earlier this year for a job interview at a company in Richardson, Texas, he noticed the hiring manager several decades his junior falter upon
      -NYT; _J AP I  -  797 words
    • 284 32 Reuters They are worried that liquidation will push them to accept hefty losses [NEW YORK] General Motors Corp's (GM) bondholders are preparing legal arguments against the carmaker's bankruptcy plan, the Wall Street Journal reported on Sunday, citing people familiar with the matter. A plan to
      – Reuters  -  284 words
    • 614 32 Bloomberg [NEW YORK] No amount of enthusiasm for Wall Street earnings reported this month and there was plenty on April 9 to send Wells Fargo Co shares up 32 per cent after the bank announced a record first quarter can overcome
      – Bloomberg  -  614 words
    • 886 33 Bloomberg Pumping money into the system will cause consumer prices to surge [WASHINGTON] Federal Reserve chairman Ben Bernanke is siding with John Maynard Keynes against Milton Friedman by flooding the financial system with money. If history is any guide, said Allan Meltzer,
      – Bloomberg; AP  -  886 words
    • 492 33 Bloomberg [SEATTLE] Microsoft Corp beat Yahoo! Inc and Google Inc's You Tube for a sevenfigure advertising campaign with Discovery Communications Inc, its first to simultaneously combine Internet, mobile and videogame ads. To promote Discovery Channel's fifth season of the crab fishing documentary Beadliest Catch,
      Bloomberg  -  492 words
    • 219 33 AFP [LONDON] British telecoms operator BT will cut 10,000 jobs when it reveals its preliminary results next month, reports said on Sunday. BT will also make a £1.5 billion (553.3 billion) writedown in its under-fire global services division and slash its dividend by
      AFP  -  219 words
    • 174 33 Bloomberg [NEW YORK] Goldman Sachs Group Inc, the sixth-biggest US bank, raised a fund with about US$5.5 billion in capital commitments to purchase private-equity assets on the secondary market. The GS Vintage Fund V, Goldman Sachs's fifth dedicated private-equity secondary fund, will acquire portfolios ranging from
      – Bloomberg  -  174 words
    • 712 34 -MT Law firm looking to cut costs but not prepared to lay off employees [NEW YORK] In an effort to cut costs, a New York law firm offers some of its employees a third of their base pay to not
      -MT  -  712 words
    • 63 34 AFP [PARIS] An employee polishing the face ofthe bronze statue of King Louis XIV at the Coubertin Foundation in Saint Remy Les Chevreuse, in the suburb of Paris, to prepare for the renovation ofthe huge fence for the Royal Palace in Versailles. The statue is expected to
      AFP  -  63 words
    • 256 34 Reuters [ZURICH] Swiss bank Credit Suisse has started closing down the offshore accounts of US clients who have not declared the money to the US authorities, a newspaper reported on Sunday. The Sonntagszeitung newspaper said that the bank had about 2,500-5,000 US
      – Reuters  -  256 words
    • 287 34 Reuters [NEW YORK] The Ethisphere Institute yesterday named 99 companies it says are the world's most ethical, its third annual listing designed to encourage ethical practices within the global business community. The 99 companies, which include Honeywell International Inc, Nike
      – Reuters  -  287 words
    • 207 34 -AFP [ZURICH] Switzerland is considering further measures against the Organisation for Economic Cooperation and Development (OECD) in the row over how much the country is doing to reform its policy on tax havens, media reports said on Sunday. The Neve
      -AFP  -  207 words
  • Page 29 Advertisements
    • 4010 29 w WATS _L^l V____/ W_ W_ V___/ -Lj l_J Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg r^2r\ ENG KONG HOLDINGS LIMITED f| 2Mr (Company Registration No.: *****7478G) 11 (Incorporated in the Republic of Singapore] I **J\S (Company) NOTICE OF FIFTEENTH ANNUAL GENERAL MEETING "ew'Ln NOTICE IS HEREBY GIVEN that the Fifteenth
      4,010 words

  • WORLD/ASIA-PACIFIC
    • 672 30 IHT They operate world's two biggest wireless networks, with total of 355 m customers [BERLIN] Here's a question that might stump you: Which two European companies run the biggest wireless networks in the world, with a combined 355 million customers? If you are thinking
      IHT; AFP  -  672 words
    • 297 30 Reuters March gain comes as global shares rally, yen weakens [TOKYO] The value of Japanese investment trust funds rose nearly 3 per cent in March, up for the second straight month, amid a recovery in global share prices and a weaker
      Reuters  -  297 words
    • 265 30 Bloomberg [SINGAPORE] Equity markets may dip below recent lows as more troubles lie ahead in the financial market, investor Jim Rogers says. "We may have seen a bottom but I expect more bottoms to come," Mr Rogers, chairman of Singapore-based Rogers Holdings, said in an
      Bloomberg  -  265 words
  • Page 30 Advertisements
    • 1409 30 V*Z7 S_T^T^T_#^l'r'r« Toll free: 1800-289-8822 k^^-- fV 111 If l-i V Email: notices@sph.com.sg X V___/ _L __L^_____< k \_J www.cats.com.sg ORCHARD PARADE HOLDINGS LIMITED (Registration No: *****0511H) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty-first Annual General Meeting of Orchard
      1,409 words
    • 269 30 I _2__T*\_T rtyk i-uwix «_p eiJ? Place Is your effort worth $3.71 To prepare the same at home $6.59 (Excludes garnishing, condiments, oil, cutleries, gas, electricity, assets, sweat and effort) Here at Jack's Place $10.30++ (Includes quality garnishing, condiments, oil, cutleries, gas, electricity, cozy and air-conditioned environment minus the sweat
      269 words
    • 26 30 Suntec City Towers The Business Capital of Asia Place your AGM and EGM notices in our newspapers. B| Call 1800 289 8822 or email notices@sph.com.sg. Kj
      26 words

  • Page 31 Advertisements
    • 2409 31 A WATS Notice of Fifth Annual General Meeting C* m_^__*_r_® YOUCAN FOODS INTERNATIONAL LIMITED _l_9 iri It \_^_t (Incorporated In TTie Republic of Singapore with limited liability) (Company Registration No. *****1338W) W\j I II I NOTICE IS HEREBY GIVEN that the Fifth Annual General Meeting of Youcan Foods International Limited
      2,409 words
    • 2599 31 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg ASIAENV ASIA ENVIRONMENT HOLDINGS LTD. (Company Registration Number *****4778 C) (Incorporated In the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of Asia Environment Holdings Ltd. will be held at 24 Kaki Bukit Place Singapore
      2,599 words

  • Page 32 Advertisements
    • 1512 32 V*._ 7 -nrv^TT/nrr To"free: 180°-289-8822 II If Ii Email: not-ces@sph.com.sg JL V__*/ JL __L^_»___i k L_s www.cats.com.sg Midas Holdings Limited (Company Registration No.: *****9758W) NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of Midas Holdings Limited (the "Company") will be held at Diamond Room, Basement 1, Sheraton Towers
      1,512 words

  • Page 33 Advertisements
    • 2173 33 _L^l V___-/ X. __L^-____/ -Lj l_J Toll free: 1800-289-8822 Email: notices@sph.com. sg www.cats.com.sg I 1 #Koyo International Limited f_7LfHENG Company Registration No. *****0075E ____--__r Jl_ift4r~ft& (incorporated in the Republic of Singapore) L HENG CH EMICAL FIBRE TECHNOLOGIES LIMITED (the "Company") (Incorporated Bermuda on September 2007] (Company Registration Number: *****) NOTICE
      2,173 words

  • Page 34 Advertisements
    • 1425 34 W-»27^ k TV^VT'T.r^T-' n Toll free: 1800-289-8822 w I^lll If r^ Email:nouCes@s P,lcoms9 JL V___/ JL JL^*___; J-___ k3 www.cats.com.sg NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting ("AGM") of Lafe Corporation Limited (the "Company") will be held at Level 2, Grande Building, 8
      1,425 words

  • Page 35 Advertisements
    • 5336 35 PENGUIN INTERNATIONAL LIMITED \f*_W T/^VTT/nr f (Incorporated in the Republic of Singapore) l^k Iff) I 1-^ (Company Registration No. *****0165Z) JL^I V_-_/ JL l\*_J I_J kj Toll free: 1800-289-8822 *■> Email: notices@sph.com.sg www.cats.com.sg NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2009 Annual General Meeting of Penguin
      5,336 words

  • Page 36 Advertisements
    • 5712 36 W^^k^TTVTT/nrr To"free: 180°-289-8822 T* NOTICE S ""TSSa C& Financial One Corp. \J (Incorporated in the Cayman Islands on 10 March 2006) Company Registration Number: CF-*****6 S> china fashion holdings limited NOTICE OF ANNUAL GENERAL MEETING g JL A Company No.: *****1696K B fY_Y_\ M (Incorporated in the Republic of Singapore)
      5,712 words

  • SHIPPING/AVIATION
    • 763 37 Reuters Somali pirates vow revenge as captain's five-day ordeal comes to an end [MOGADISHU] US Navy special forces freed an American ship's captain and killed three Somali pirates holding him hostage in a lifeboat, ending a five-day standoff but drawing vows of
      – Reuters; REUTERS  -  763 words
    • 169 37 Bloomberg [KUALA LUMPUR] Qantas Airways, the Australian airline whose maintenance was under review by the regulator, scrapped plans for a repair and overhaul venture with Malaysian Airline System, ending more than a year of talks. "We aren't pursuing further discussion on potential maintenance,
      – Bloomberg  -  169 words
    • 264 37  -  VINCENT WEE By [SINGAPORE] Singapore's ports recovered slightly in March, with container throughput at least rising month-on-month, even though volumes were still down from the year before. Dominant player PSA's Singapore terminals moved 2.14 million twenty-foot equivalent units (TEUs) in March, up from the
      264 words
    • 334 37 Bernama [KUALA LUMPUR] Boeing and long-time partner Air France celebrated significant milestones last Friday with the delivery of the 777 th Boeing 777 airplane. The new Boeing 777-300ER also will be the first to bear a new Air France livery and company brand
      – Bernama  -  334 words
    • TRANSPORT STOCKS
      • 102 37 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.31 0.15 0.99 0.38 0.93 0.42 0.04 ....unch
        102 words
      • 31 37 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd 0.67 8.55 8.65 3.26 2.90 unch unch unch -0.10 unch unch unch 5 1 504 1173 655 0
        31 words
      • 12 37 '00 ■recious Ship Jegional Cont 11.90 6.40 0.70 ***** 0.25 1296
        12 words
      • 6 37 '000 toil .24.50 0.30 1433
        6 words
      • 22 37 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop ...5.60 .13.25 .unch .unch unch 0.25 unch unch 498 619 0 0
        22 words
      • 21 37 Evergreen Marine ....17.20 :irst Steamship 45.40 ManHai Lines 16.30 r"ang Ming Marine...12.20 0.55 2.40 0.50 0.15 30 12 6 27
        21 words
      • 37 37 '000 :awasaki Hvylnd ..212.00 5.00 ***** :awasaki Kisen 425.00 25.00 ***** /litsubishi Hvy 345.00 4.00 ***** /litsui Eng&Sbldg 200 14.00 ***** /litsui Osk Lines 592.00 12.00 ***** lippon Express 363.00 4.00 2885 lipponYusen 454.00 7.00 *****
        37 words
    • 225 37 Bernama [JOHOR BARU] Budget carrier Firefly Sdn Bhd expects a minimum load factor of 70 per cent for its Johor Baru-Penang route which will start early next month. Its head of marketing and communications Angelina Fernandez said bookings for the route, especially from
      – Bernama  -  225 words
    • 2544 37 AIRLINE CODES: AA-American Airlines (AAL)AFA,r France (AFR)AI Air India (AIC) AY Finnair^Oy (FIN) ,AZ Alitalia Airlines (AZA) BA British Airways Public Ltd Co (BAY ,_<, Biman Bangl.7 Airlines Sdn Bhd (RBA) BO Bouraq Airlines (BOU) BR EVA Airways _orpn (EVA), CA: Air China illaj, lb. American
      2,544 words
  • Page 37 Miscellaneous
    • 383 37 CRYPTIC CROSSWORD ACROSS 9 Remote area making idiot flip j 4 j 7 10 Brew a beer in it and get _^H__^^ drunk (9) j j j II 11 Morally uplifted, made God 7j~~^^ swap leaders (7) I II 12 Perplexed by volunteer army j j j I I in
      383 words

  • EDITORIAL & OPINION
    • 489 38 ACCORDING to stockmarket behaviour, the world economy, although still bad, has probably bottomed and will soon head upwards. This conclusion was drawn from recent US economic data that suggested an improvement in the housing market and durable goods orders. It is an opinion that was also
      489 words
    • 1509 38  -  ARTHUR SIM There are limits, but there are also elements of domestic demand that can be tweaked WITH exports expected to fall to historic lows this year, the time might be right to reassess the potential of other growth drivers, particularly domestic
      FILE PHOTO  -  1,509 words
    • 775 38  -  ROBERT SAMUELSON THE BOTTOM LINE US PRESIDENT Barack Obama has made no secret of his vision for America's 21st century economy. The US will lead the world in "green" technologies to stop global warming. Advancing medical breakthroughs will improve our
      775 words
    • 1309 39  -  ANTHONY ROWLEY The region is suffering most from the global economic recession because of its export dependency THE global economic recession will be "very deep, and it will be prolonged", predicts Japan's economic guru Eisuke Sakakibara. As a result, he says, East Asia,
      AP  -  1,309 words
    • 607 39  -  HUGO DIXON By THE economic crisis will force people to work longer. Higher fiscal deficits will make generous state pensions even more unaffordable, while the fall in asset prices is hammering private pension plans. There are three ways to cope: higher taxes, poorer
      AP  -  607 words
    • 318 39  -  John Lim LETTER TO THE EDITOR WE refer to the letter by Ec Teck Siew, "Enhancing the independence of independent directors" (BT, April 7), and would like to thank him for his suggestions. We fully endorse his statement that "good governance invariably requires
      318 words


  • Page 40 Advertisements
    • 5931 40 w _j MAIS JL^I JL JL^*^_J JL__ l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg I II II II IN THE MATTER OF THE COMPANIES ACT (CAP. 50) __r___r___________. __\7'__ AND WSK ¥_3_U_r£_i IN THE MATTER OF I±J[flO]|oß V'^V QIMONDA MANUFACTURING SINGAPORE PTE. LTD. (Provisional Liquidator Appointed) JEL CORPORATION (HOLDINGS)
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    • 5668 41 w _j MATS JL^I JL JL^__> JL__ l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg F JES 1111 cp JES INTERNATIONAL HOLDINGS LIMITED (Incorporated in the Republic of Singapore) CHINA PRECISION TECHNOLOGY LIMITED (Company Registration No. *****4831K) Company Registration No. *****6029N NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN
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  • SINGAPORE STOCKS
    • 8519 42 Transaction date: Apr 13 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E 8.5 3 3148 STelecom 11 2.5 5834 A-Sonic 30.5 12 5000 ABR Hldgs 17.5 5.5 1938 AEI Corp 9.5 1 1100 AEM 23.5 7 2101 APOil 80.5 26.5 5550 ARA 8.5 2.5
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    • 1640 43 High Low Code Company Sale C000) High Low Buyer Seller Cvr P/E $mil 20 5 1181 s AAGrp 32 13 8538 t APStrategic 4 0.5 1501 s Advanced System 14 2 3480 t Adventus 28.5 8.5 3518 s Afor 19 2 1524 s Alantac 19.5 3.5 7814 s
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    • 354 43 irVk Tel Low Code Last Sale Vol ('000) Low Lasl (uote Seller Div C'vr Net P/E Cap >mil Hii Comi Hii Bui 108 100 6389 ABF SG Bond ETF 982 427 CIMBAsean40 100US$ 189 149 DBS STI ETF 100 2190 1682 DBXTFTChina25 10US$ 3232 3228 DBXT FTVietnam 10US$
      354 words
    • 260 43 I 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
      260 words
    • 9332 43 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.579/ AIGIF Spore Bond Fund/A 1.213/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.78/ APS Alpha Fund (USD)!** 0.51/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5065/ APS Komaba Global
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  • Page 42 Advertisements
    • 27 42 /LUDEMARS WGUET /bSsß^ m_d ™E birth of a great date Le maitre de I'horlogerie depuis 1875 I jt^^^flHP^t^ IP^B'- fit For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com
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  • FINANCE & COMMODITIES
    • 353 44 %dy %yr dy yr dy yi Index Change Change Change Change Change Change Apr 10 World Index Preliminan 647.7 0.1 -4.4 0.1 -1.5 0.1 -6.3 EAFE Preliminai 616.7 0.1 -5.0 0.1 -4.3 0.1 -9.I Euroj Preliminan 844.2 0.0 -7.4 0.0 -5.6 0.0 -10.3 Pacific 537.8
      353 words
    • 65 44 Apr 13 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi Vol Open Done Position Low Apr 09 2462 May 09 2400 Jun 09 2300 Jul 09 2249 Total o/p: ***** contracts 2455 2509 2460 2418 2467 2400 2335 2385 2295 2290 2332 2242
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    • 21 44 Apr 13 STI IIMSCI 220.1 225.7 224.2 "aiwan At 213.2 214.1 212.9 Source: MF Global (S) He. Ltd
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    • 21 44 Apr 13 Bid Offer 1-month 1.5135 1.5149 2-months 1.5132 1.5148 3-months 1.5128 1.5146 6-months 1.5124 1.5142 Source: OCBC
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    • 78 44 Apr 13 (US$) (SS) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 3 mths 1.***** 0.***** 6 mths 1.***** 0.***** 9 mths 1.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.*****
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    • 284 44 Apr 13 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES JunO9 SepO9 DecO9 Mar10 98.9250 98.8800 98.6800 98.5750 5339 3001 2867 2288 EUROYEN TIBOR FUTURES JunO9 99.430 99.430 SepO9 DecO9 Mar10 Jun10 Sep10 Dec10 Mar11 99.430 99.430 99.460 99.430 99.410 99.340 99.280 99.235 99.150 15 ***** 4015
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    • 166 44 Apr 13 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) May 09 JunO9 Jul 09 Aug 09 Sep 09 Oct09 172.0 172.5 172.5 172.0 172.0 171.5 80 20 20 725 951 1059 794 900 1030 TSR 20 (US cents/kg)
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    • 86 44 Apr 13 Period Issue code Maturity Yesterday's Bid Hi< Day's |h Low 3-Month BQ*****W 16.07.09 1-Year BY*****V 02.11.09 0.27 0.34 0.29 0.23 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low Hii 2-Year N*****0E 3.125 5-Year NX*****F 3.625 7-Year N*****0S 2.875 10-Year NY*****A 4.000
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    • 122 44 As at 9am Apr 13 >f foreign currency: Currencies Bid Offer ,ust dollar 1.0840 1.1170 dollar 1.2280 1.2430 luro 1.9820 2.0050 IZ dollar 0.8790 0.8980 iterlini ind 2.2050 2.2300 IS dollar 1.5080 1.5250 .ocal dollars to 100 units if foreign currency: Currencies Bid Offer :hi renminbi
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    • 170 44 Apr 13 $S_ Offer Overnight 3/16 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 1/16 US$ Offer 1/16 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months I. 12 months $Au 0.45 0.60 1.10 1.40 1.90 2.10 2.30 Offer 0.35 0.50 0.90 1.20
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    • 463 44 Apr 13 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS wstralia 0.887 4.947 0.548 5.612 36.114 80.448 0.729 9.627 2.626 1.236 58.218 34.576 1.096 6.542 0.835 24.396 25.818 0.492 0.724 Canada 1.127 5.578 0.618 6.327
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    • 150 44 Apr 13 /oz) \pr_ \pr_ long Kong 884.20 884.20 GOLD BULLION COINS 6$) Sellini Bu' rim .ondon Apr 09 Apr 08 878.70 885.45 1 oz 1508.7 1362 UBS GOLD LUNAR KINEBAR (SS) Selling Buying Source: Thomson Reuters I Apr 13 Selling Buying 10gm SILVER Passboc $528.58 434 Selling
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    • 70 44 Apr 9 Co iiuiii, yy.i (US$/tonne) Close Previous Cash 1500.25 3 months 1535.00 1456.75 1492.00 Copper, Grade A (US$/tonne) Cash 3 months 4529.25 4559.00 4369.25 4400.00 Lead (US$/tonne) Cash 1397.75 3 months 1403.00 1328.25 1335.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3
      70 words
    • 73 44 Apr 9 (£/tonne) Close Prev Hii ih/Low May 09 1842 1825 1864/1821 Jul 09 1814 1797 1834/1790 SepO9 1802 1786 1815/1778 Dec 09 1791 1773 1803/1770 COFFEE (US$/tonne) Close Pev High/Low May 09 1570 1559 1579/1559 JulO9 1558 1553 1570/1549 SepO9 1561 1556 1573/1554 SUGAR (US tonne) White Close
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    • 157 44 Apr 13 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0957 1.0972 0.7239 0.7243 Canadian dollar 1.2354 1.2371 0.8162 0.8166 Euro 1.9986 2.0006 1.3204 1.3206 NZ dollar 0.8867 0.8882 0.5858 0.5863 Sterlini md 2.2285 2.2311 1.4723 1.472!
      157 words
    • 104 44 Apr 9 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low May 09 1007.00 1006.00 1030.75 1005.00 Jul 09 1002.00 1001.50 1025.75 1000.00 Aug 09 980.00 977.00 1000.00 978.25 Sep 09 944.00 941.00 956.50 938.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 09 35.42 34.99 35.96 34.93
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    • 77 44 CRUDE OIL PRODUCTS Apr 9 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 53.83 0.27 WTI (Near Mth) 50.04 unch Dubai (1-Mth F) 51.69 2.76 Tapis blend 55.65 2.70 Minas 55.05 2.75 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 49.60 61.60 0.60 3.00 US$/barrel Opec Oil
      77 words
    • 2247 44 BONDS, WARRANTS EXTENDED SETTLEMANT [el Zode Com| Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- Mths ing Left >am >058 Advance Modules GrpW*****3 >036 Advance SCT Ltd W*****9 5092 Asia Environment W*****4 1481 #Asia Water Tech Ltd W*****0 !816 SAsiasons Capital Ltd W*****7 i756 Asiatic Grp (H)
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  • Page 44 Advertisements
    • 266 44 £MYY^V\Cq \r Let GFT introduce you to the world of spot forex. Your place or ours, we're here to show you the benefits of this exciting market. Meet your profit potential with Kathy Lien*-Live! __^^^^^^^^^M H Forex Masterclass, High Probability Trading Strategies: 20 April (7:00 p.m.) LIMITLESS PERSONALISED POWERFUL Regi_terforthisfreeseminaratwww.gftasia.com.
      266 words

  • Page 45 Advertisements
    • 2310 45 m The Business Times Shipping Times i WW wfripTTilifWSßH *3aiTWi»^B.^^________MßMMMM Direct Calling to TWTPE UK CONTINENT SERVICE U.S.A SERVICE AllllMl CAt_____*__flAll Destination Destination VHvl V Ulllllll Ulljf STXPO TBN RTM/ANR/TIL STXPO TBN NOL/NFK/SAV/CDN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia idlllwlli I lIV UA Oil I™ O UdjJW
      2,310 words

  • Page 46 Advertisements
    • 4961 46 11 r EASTERN CAR LINER, LTD I l^^fflPCDnj UL_^__l SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS ..........j lUttUlittt^9 H VOY I Rg.in.lKT) I Lillinq(KT) I PK I MUA I SIN I PKL I )KT I LCB I PCL/PHL SERVICE AMX SERVICE Connecting ECL Svc MALTA OCEMFRIEND 15 60 16/04
      4,961 words

  • PROPERTY
    • 699 47 Bloomberg It may sell Canary Wharf headquarters to avoid need for UK govt bailout [LONDON] HSBC Holdings pic, Europe's biggest bank, may sell three of its landmark office buildings, including the Canary Wharf world headquarters in London, to raise cash as it tries
      Bloomberg; AFP  -  699 words
    • 237 47 Reuters [TOKYO] Japan's biggest property developer, Mitsui Fudosan Co, said yesterday it had jointly bought Nissan Motor Co's head office building in central Tokyo with construction company Kajima Co. Japan's property market, the world's second biggest, has started seeing a gradual increase in transaction volume,
      – Reuters  -  237 words
    • 379 48  -  NISHA RAMCHANDANI Additional supply of rooms is likely to result in further softening of market By SINGAPORE'S hotel industry will continue to see a downward trend as an additional supply of rooms is injected into the market. Going by the Singapore
      CB Richard Ellis  -  379 words
    • 395 48  -  EMILYN YAP By INVESTORS made a dash for high-end residential development Gallop Gables after The Straits Trading Company offered a twoyear guaranteed rental yield of 7 per cent on 10 units there last week. Not only did the company let go of all 10
      395 words
  • Page 47 Advertisements
    • 2763 47 _L^l V^>/ X I V Ij i 1 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg Cacola mr n CACOLA FURNITURE INTERNATIONAL LIMITED 1 (Incorporated in the Cayman Islands) "UV^ouivr/^ t> /"vT TT"> (Co. Reg. No: CT-*****2) rIOSENLrROUP NOTICE OF ANNUAL GENERAL MEETING LTD NOTICE IS HEREBY GIVEN that the Annual General
      2,763 words

  • Page 48 Advertisements
    • 343 48 ZAP HERE for the latest property updates! To Zap*: 1. Install the Color Cam™ software in your mobile phone by a. typing the word 'Zap sms ***** (Post-paid subscribers) or 9741 9401 (Pre-paid subscribers) b. typing "zapcode.sg" in the web browser of your handset 2. Trigger the Color Cam™ software
      343 words
    • 205 48 ST GEORGE LONDON SWB MANHATTAN, 1, 2& 3 BEDROOM APARTMENTS FROM £399,950* BARS, RESTAURANTS AND SHOPS NOW OPEN BRAND NEW 24 HOUR GYM OPENING SUMMER 2009 PROPOSED NEW AMERICAN EMBASSY OPENING li J^TT^"rB~ES- IN NINE ELMS, SWB r ll __!^__l^- I *TB I VI 1 MINUTE WALK TO VAUXHALL UNDERGROUND;
      205 words