The Business Times, 20 June 2009

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Microfilm: NL30044
Total Pages: 43
1 43 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 weekend THE BUSINESS TIMES JUNE2O-21,2009 Ssl.oo S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION MICA(P) 198/08/2008 www.businesstimes.com.sg
    15 words
  • Article, Illustration
    Lock icon Citi: Oei had net open position of US$6.8b
    726 1  -  Jamie Lee Defendant argues tycoon's charges in suit against bank were 'contrived afterthoughts' By leejamie@sph.com.sg Singapore CITIBANK has denied claims by prominent tycoon Oei Hong Leong that he was misled into losing some US$5lB million from foreign exchange trades. In what could
    FILE PHOTO  -  726 words
  • Article
    Lock icon F1 in crisis as 8 teams move to start rival
    800 1 Reuters, AP, AFP Silverstone, England FORMULA One plunged into its biggest crisis in 60 years yesterday with eight of the 10 teams announcing plans to set up their own championship. The teams association FOTA said that BMW-Sauber, Brawn, Ferrari, McLaren,
    Reuters, AP, AFP  -  800 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      150 1 /SI MOTORING VJ3, THE Rifles conversation SHOW ME THE MONEY y9 B Audi A 5: Good, jts~\ TADASHI YANAI How to avoid the dash COST CUTS SIA management takes pay cut CEO Chew Choon Seng leads with a 20 per cent reduction in salary, while other management staff give up
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  • TOP STORIES
    • MARKETS
      • Article
        Lock icon STOCKS
        49 2 B KL COMI 1,059.50 +5.09 NIKKEI 22! 9,786.2( +82.5' HANG SENG 17,920.93 +144.2: SE" 588.9! +18.5! JAKARTV 1,990.4: +39.4! MANIU 2,398.3( -35.9( KOSF 1,383.3' +7.5! SHENZHEN B 469.31 +4.8: MUMBAI IND 14,521.89 +256.31 1? nnam EDT rhano, iz.ooam edt cnang DOW 8,580.77 +25.1: NASD AC 1,831.90 I +24.1!
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      • Article
        Lock icon PRIME RATES
        30 2 Bloomberg SINGAPORE 5,38 MALAYSIA 5,55 HONG KONG 5,00 INDONESIA 16,242 TAIWAN 4,776 JAPAN 1,475 KOREA 9,33 BRITAIN 050 US 3,25 CANADA 2,25 SWITZERLAND 0,53 INDIA 12,25 Source.- 1
        Bloomberg  -  30 words
      • Article
        Lock icon FOREX
        45 2 US$ 'S$ >er US$; 1.456 ;us$/s$ 1.636 2.382 EURO(US$/S$/E) 1.392 Foreign currency per US$ 2.027 S$ YEN 96.80 66.50 RM 3.536 2.428 HK$ 7.750 5.323 BAHT 34.18 23.47 RUPIAH 10,350 7,108 RENMINBI 6.836 4.695 INDIAN RUPEE 48.26 33.14 A$ 1.244 0.854 NZ$ 1.564 1.074
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    • Article
      Lock icon Oei's Obama assassination fears
      495 2  -  Chew Xiang Court papers give an insight into tycoon's dealings, show how he lost millions in the past year By xchew@sph.com.sg Singapore COURT papers filed in an ongoing suit lodged by tycoon Oei Hong Leong against Citibank's private banking arm shine a rare spotlight on the
      495 words
    • Article
      Lock icon Changing of the guard at CapitaLand
      531 3  -  Emilyn Yap Chief investment officer Kee Teck Koon to retire on Aug 1; younger officers to rise Reports by emilyny@sph.com.sg Singapore IN the first major management reshuffle since it was listed in 2000, Capita Land is promoting several younger staff in their 40s to
      531 words
    • Article
      Lock icon Re-inventing Ascott as a real estate firm
      185 3 KNOWN largely as an owner-op-erator of serviced residences, Capita Land unit The Ascott Group will increase its focus on buying, investing in and trading serviced residence assets. "One of the things I want to do is to re-invent Ascott to be a real
      185 words
    • Article, Illustration
      Lock icon SIA cuts management pay 10-20%
      594 4  -  Nisha Ramchandani It inks deal with pilots on no-pay leave after protracted talks By nishar@sph.com.sg Singapore SINGAPORE Airlines announced yesterday that its management will take a 10-20 per cent pay cut from July the latest in a slew of cost-cutting measures and that it has
      AFP  -  594 words
    • Article
      Lock icon Massive $452m MRT contract for Lum Chang
      350 4  -  Yen Sreenivasan By ven@sph.com.sg Singapore INFRASTRUCTURE engineering specialist Lum Chang Holdings Group (LCH) has clinched a windfall $452 million Land Transport Authority (LTA) Mass Rapid Transit project that will almost double its order book. The project is for the design and construction of
      350 words
    • Article
      Lock icon General Motors wins judge's approval to terminate leases on jets
      363 4 NYT, Bloomberg, Reuters New York IN eight minutes on Thursday, General Motors (GM) shed one of the items that piqued Congress last fall: its fleet of leased corporate jets. During what was only GM's second appearance in bankruptcy court since
      NYT, Bloomberg, Reuters  -  363 words
    • Article
      Lock icon Leaders agree to EU-wide bank supervision
      432 5 Reuters They also unanimously agree to support Barroso's bid for a second term as president of European Commission Brussels EUROPEAN Union leaders will back the creation of a crossborder system of bank supervisors aimed at better preparing the bloc to deal with any new
      Reuters  -  432 words
    • Article, Illustration
      Lock icon Germany passes law to limit managers' pay
      682 5 Bloomberg Berlin CHANCELLOR Angela Merkel's coalition voted through a law to curb manager pay at public companies in Germany, riling executives with a package of measures that goes beyond proposals in the US or Britain. The law includes steps to give supervisory boards
      Bloomberg; REUTERS  -  682 words
    • Article
      Lock icon Former RBS CEO agrees to reduce pension
      334 5 Reuters London BRITISH part-nationalised lender Royal Bank of Scotland said its former chief executive Fred Goodwin had agreed to reduce his pension, widely criticised as excessive given RBS' near-collapse last year. Mr Goodwin will now receive an annual retirement income of £342,500 (*****,976),
      Reuters  -  334 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Lock icon Page 2 Miscellaneous Column 1
      68 2 NEWS LIVING Top Stories 2-5 U^el L 2,3,12,13 Raffles Conversation 6,7 DininB tfb 5Week In Review 8 Shopping Lfr* From The Desk Of 9 Companies 10-13 j^itfr' W v Singapore 14,15 V Letter From Abroad 16 Stocks stats T9-23 Gadgets L 9 Perspective 24,25 Home Garden Llo,n Wealth 26-29 Health
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      56 3 GRANTURISMO S AUTOMATICA. INTRODUCING THE GRANTURISMO SOUL^^^ Head Office: 10 Fourth Lok Yang Road Singapore *****7 Vainw/ City Showroom: 390 A Havelock Road #01- 06/08 Waterfront Plaza Singapore *****4 \Bs Wf Showroom hours: Monday Friday: 10am to 7pm, Saturday, Sunday and Public Holiday: 10am to 6pm xitifcr Dial: 1800-TRIDENT or
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  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      64 5 OWNER RETIRING 42 Dollar Stores Gross Sales $33M+ Includes $19M Saleable Inventory, Great Locations Asking $22.5 M. 352,894 Sq.Ft. Distribution Center on 20+ Acres Asking $25.5 M. 20,000 Sq.Ft. Store situated on 1 Acres, $225K Net Yearly Rental. Asking $3.45 M. Total Asking USSSI.4SM. Call: Tim Matelich (253) 531-9334 USA
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon The emperor's quality clothes
      986 6  -  Arthur Sim Tadashi Yanai, the chairman, president and CEO of Fast Retailing, transformed a modest family business into one of the biggest clothing retailers in the world His next target to be number one. By TADASHI Yanai exudes a self-effacing bonhomie and jokes that growing up
      YEN MENG JIIN  -  986 words
    • Article
      Lock icon Fashion with bite
      875 6 IN THE chihuahua-cat-chihuahua world of fashion, staking your claim on world dominance, even if you have not quite achieved it yet, is quite acceptable. And Tadashi Yanai is not shy about his ambitions for Fast Retailing, one of the top 10 specialty apparel retailers in the world.
      875 words
    • Article
      Lock icon Raffles
      76 6 Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. A collection of luxury hotels, Raffles Hotels and Resorts distinguishes itself through the highest standards of hospitality, service and cuisine. Its hotels in Singapore, Beijing, Cambodia, Beverly Hills, Dubai and the Caribbean
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  • WEEK IN REVIEW/WEEK AHEAD
    • Article, Illustration
      Lock icon THIS WEEK
      635 7 June 15-19,2009 Gentler debt rap slows bankruptcy petitions EVER since a new scheme to deal with debtors kicked in on May 18, banks are believed to be filing fewer bankruptcy petitions. They are assessing how the debt repayment scheme works and what it can do for them-instead of
      AP  -  635 words
  • Page 7 Advertisements
  • Page 7 Miscellaneous
    • Miscellaneous
      Lock icon Page 7 Miscellaneous Column 1
      174 7 CRYPTIC CROSSWORD genius (8) (5) _HB__HB__H B_B^L_- n\ 16 Say who can see the I [I f t h CT\ 24 Former publisher listens 24 bum died in pen (5) \mt L^^Lh yesterday's solution 27 Established in Magaluf or 12 steamY.l3 Pole P osition. 16 Po" I lice cordon, 19
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    • Miscellaneous
      Lock icon Page 7 Miscellaneous Column 2
      103 7 NEXT WEEK June22-26, 2009 US DATA June 23 Existing home sales May June 24 Durable orders May New home sales May Crude inventories 06/19 FOMC rate decision June 25 Initial claims 06/20 Q1 GDP-Final Q1 June 26 Personal income/spending May PCE core May Mich Sentiment-Rev Jun SINGAPORE DATA June 23
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  • FROM THE DESK OF
    • Article, Illustration
      Lock icon Rising from the ashes of the global crisis
      966 8 Asia is well-positioned to accelerate its growing share of the world economy and the current financial slump has only served to highlight this FROM THE DESK OF Lito Camacho Vice-chairman Asia Pacific, Credit Suisse FTER 28 years in banking and almost three
      BT FILE PHOTO  -  966 words
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  • COMPANIES
    • Article
      Lock icon MI-Reit's auditors raise going-concern flag
      351 9  -  Joyce Hooi Trust manager says in response that it is working to effect refinancing of debt and funding of acquisition By joyceh@sph.com.sg Singapore MACARTHURCOOK Industrial Reit's (MI-Reit) independent auditors have flagged the trust's going-concern status in an emphasis of matter released yesterday. "At March 31,
      351 words
    • Article
      Lock icon Beauty China auditors troubled by trade receivable
      467 9  -  Lynette Khoo By lynkhoo@sph.com.sg Singapore BEAUTY China's joint auditors Grant Thornton and HLB Hodgson Impey Cheng steered clear of expressing an opinion on the group's financial statements for the year ended Dec 31, 2008, after they were unable to verify the recoverability of
      467 words
    • Article, Illustration
      Lock icon Roxy-Pacific buys 37 Kovan Centre units
      259 9  -  Kalpana Rashiwala By I kalpana@sph.com.sg Singapore ROXY-PACIFIC has bought 37 freehold strata retail units at Kovan Centre at Yio Chu Kang Road for $22.2 million, or about $540 per sq ft from Ho Bee. The units are on the first and second levels of
      259 words
    • Article
      Lock icon Casflow crucial in offshore services sector
      677 10  -  Vincent Wee By vincewee@sph.com.sg Singapore THE OFFSHORE services sector is rather low-profile, but make no mistake: it is intrinsic to the oil-and-gas industry. Companies in the sector support the oil industry and their fortunes are intimately tied to ongoing operations in the offshore oilfields.
      677 words
    • Article, Illustration
      Lock icon Browning of green shoots is main theme
      572 11  -  R Sivanithy STOCKS sivan@sph.com.sg Senior correspondent THE most obvious theme in trading this week was the browning of the so-called "green shoots" the sudden emergence of uncertainty over the strength of economic recovery. Less obvious was that investors saw a classic example of
      572 words
    • Article
      Lock icon TOP 20 ACTIVES
      111 11 Hid 94,557 42.5 8.5 25.1 JniFiber 65,297 7 0.5 7: :hina Honi lira 55,329 15 0.0 01 Golden 50,149 39 0.0 O.( Joble Gl 39,736 183 16.0 91. jentins SP 39,592 65.5 1.0 l.( ;emsTO 37,153 9.5 1.5 18.i jnair 34,455 11 2.5 29/ ajsGroui 33,139 545
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    • Article
      Lock icon TOP GAINERS
      55 11 BY CENTS UP CLOSE DBXT FTVietnam 10US: 4768 366.8 5.6 JMH 2430 131.0 3.8 JSH 1370 58.2 3.0 Jardine C&C 1750 54.0 3.2 UOB 5.05%NCPS 100 9800 54.0 0.6 UOB 1454 44.0 3.1 OCBC Bk 4.5%NCPS 100 8780 30.0 0.3 SIA 1278 30.0 2.4 SIA.ES.0906 1282 28.0 2.2
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    • Article
      Lock icon TOP LOSERS
      50 11 BY CENTS CLOSEDOWN STXPO 100 1450 -40.0 -2.7 WBL Con 390 -28.0 -6.7 iCBCCai 5.93%Pref1O 7720 -20.0 -0.3 Land 527 -13.0 -2.. ISMSCI India 100 526 -10.2 -1.3 Ro< 253 -10.0 -3.8 CIMBAsean40 100US$ 633 -8.7 -0.9 India Nil 10 1285 -6.0 -0.5 Sin; ;Tel.ES.O9O6 294 -6.0 -2.0
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    • Article
      Lock icon STI STOCKS
      108 11 tod name lose lani >ital_and 3.550 +0.050 1.310 +0.010 lityDev 8.770 +0.270 :omfortDelGro 1.260 -0.010 :osco Con 1.350 +0.040 IBS Gn 11.640 +0.140 :&N 3.740 +0.070 ientin: SP 0.655 +0.010 iolden Agri 0.390 IK Land 3.260 +0.040 IMH 24.300 +0.900 ISH 13.700 +0.400 lardine C&C 17.500 +0.540 >el
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    • Article
      Lock icon DBS Bank India profit quadruples
      224 11 DBS Bank India has achieved a net profit of 2.59 billion Indian rupees (5578.3 million) for the year ended March 31,2009 almost four times the preceding year's 650 million rupees. Revenue soared to about 6.17 billion rupees from 2.07 billion rupees. This was on the
      224 words
    • Article
      Lock icon Ipco, Popular, Novo issue profit guidances
      348 11  -  Nisha Ramchandani By nishar@sph.com.sg Singapore AT least three companies Ipco International, Popular Holdings and Novo Group issued profit guidances through announcements on the Singapore Exchange yesterday. Ipco, which has a diversified portfolio of investments, expects to post a loss for the financial year ended
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    • Article
      Lock icon Emaar raises RSH stake, triggering offer
      402 12  -  Oh Boon Ping Dubai property group takes over USsl6om debt that comes with 216.17 m charged shares huwenbin@sph.com.sg DUBAI-based Emaar Properties is buying all the shares in sporting products retailer RSH Corporation that it does not already own, in a deal that values RSH
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    • Article, Illustration
      Lock icon Expanding to serve patients better
      302 12  -  Zeinab Yusuf zeinabs@sph.com.sg Singapore WITH specialist services contributing close to 50 per cent of Healthway Medical's revenue, it is no wonder that the Catalist-listed group is expanding its suite of such services. Starting with an eye and vision centre and an ear, nose and throat
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    • Article
      Lock icon Justify directors' fees, mull cuts: SIAS
      537 12  -  Jamie Lee leejamie@sph.com.sg THE SECURITIES Investors Association (Singapore) (SIAS) has urged companies to justify their directors' fees during the economic recession so as to keep shareholders updated. Directors should also consider taking pay cuts in the same way that some companies' executives have done,
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  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      407 10 THE MONETARY AUTHORITY OF SINGAPORE IHESiiSiSmB TENOR APPROXIMATELY 2 YEARS TOTAL AMOUNT OFFERED SGD 2,200,000,000 MINIMUM DENOMINATION SGD 1,000 MAS'INTENDED TENDER AMOUNT NIL (NON-COMPETITIVE) ISSUE CODE NXOIIOOH (REOPENED) ISIN CODE 5G********** ISSUE DATE/SETTLEMENT DATE 1 JULY 2009 MATURITY DATE 1 JULY 2011 COUPON RATE 3.625% PA YIELD AND PRICE TO
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  • Page 12 Advertisements
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      Lock icon Page 12 Advertisements Column 1
      176 12 IN THE MATTER OF COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TOMOE SHOKAI HOLDING ASIA PTE. LTD. REG. NO. *****5093 C [In Members' Voluntary Liquidation) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50, that the Final General
      176 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 2
      319 12 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF BEAUCHAMP PTE LTD (IN MEMBERS'VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****1246R) At an Extraordinary General Meeting of the members of the above-named Company held at 9 Oxley Rise #03-02 The Oxley Singapore *****7 on 18 June 2009, the
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  • SINGAPORE
    • Article
      Lock icon Oil trading activity on the rise as confidence returns
      486 13  -  Ronnie Lim Rally in commodities and rising oil prices contribute to uptick By ronnie@sph.com.sg THE recent flight from the greenback into commodities, the return of hedge funds and rising oil prices have all helped push up oil trading activity here, oil
      486 words
    • Article
      Lock icon Stanchart rings up mobile banking
      315 13  -  Winston Chai By winstonc@sph.com.sg STANDARD Chartered Bank has become the second financial institution in Singapore to extend the convenience of Internet banking beyond the computer to the mobile handset. Following on the heels of OCBC Bank, Standchart yesterday launched a new mobile service to allow
      315 words
    • Article, Illustration
      Lock icon 2 Chinese to be barred from casinos
      517 13  -  Lee U-Wen By leeuwen@sph.com.sg TWO Singaporean Chinese men deemed problem gamblers by their wives are set to be the first people barred from entering Singapore's two casinos when they eventually open. A further 12 are expected to join the list once interviews and
      FILE PHOTO  -  517 words
    • Article, Illustration
      Lock icon S'pore Indian businesses stay optimistic: survey
      331 14  -  Brittany Khoo They are largely resilient against downturn and have healthy cash flows By bkhoo@sph.com.sg A RECENT survey conducted by the Enterprise Development Centre at the Singapore Indian Chamber of Commerce Industry (EDC@SICCI) revealed that the Indian business community here is generally coping well
      331 words
    • Article
      Lock icon More affluent Singaporeans affected
      325 14  -  Jessica Yeo By yeojess@sph.com.sg THE proportion of affluent people who have suffered a decline in net worth is bigger in Singapore than in other regional countries, according to a poll Conducted across seven markets, the HSBC Affluent Asian Tracker survey showed that 56 per cent in
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    • Article
      Lock icon Two income tax evasion cases heard
      204 14  -  Zhang Vi Ting By zyiting@sph.com.sg THE first mentions of two income tax evasion cases were heard at the Subordinate Court yesterday. The first involves Hong Yuen Construction, charged with having under-declared income of almost $3.4 million for years of assessment 2001 to 2006. Its
      204 words
    • Article
      Lock icon Agilent sets up life sciences unit here
      343 14  -  Oh Boon Ping By huwenbin@sph.com.sg US-BASED Agilent Technologies yesterday launched a new life sciences manufacturing facility here to tap the growing biomedical market in the region. The facility is Agilent's first facility outside the US that manufactures high-precision laboratory automation instruments. The company
      343 words
    • Article
      Lock icon 26 new HINI cases, total 103
      217 14 SINGAPORE has confirmed 26 new cases of Influenza A (H1N1), including three who appear to have acquired their infections here in Singapore. Of the rest, 22 involve travellers returning from other countries while one was a close contact of an earlier confirmed case. The
      217 words
  • Page 13 Advertisements
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  • LETTER FROM ABROAD WITH ASCOTT
    • Letter, Illustration
      Lock icon Fascinating diversity
      814 15  -  Philip Pang LETTER FROM BANGKOK IT WAS deja vu when I returned to Thailand the second time for work in December 2007.1 had landed an overseas posting as International Enterprise Singapore's Bangkok centre director, and as first secretary (commercial) of the Embassy of Singapore. My new role is
      814 words
  • Page 15 Advertisements
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      Lock icon Page 15 Advertisements Column 1
      216 15 NOW DEFINING GLOBAL LIVING M j: |j IN SINGAPORE special 25™ anniversary -rr^—■ Ascott invites you to celebrate its 25 th anniversary with special rates and promotions at our participating serviced residences in Singapore. From the spacious exclusivity *J O/ t^^ and refinement of Ascott to the pampering touches for
      216 words
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      Lock icon Page 15 Advertisements Column 2
      15 15 THE ASCOTT GROUP A Member of Capita Land Thisseries is broughttoyou by The Ascott Group
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  • WORLD
    • Article, Illustration
      Lock icon Scomi shortlisted for Saudi job
      474 16  -  S Jayasankaran It and its Arab partner are one of 2 ventures cleared to vie for a monorail project in Riyadh By btworld@sph.com.sg Kuala Lumpur MALAYSIA'S Scomi Engineering, in a joint venture with the Al Arab Contracting Co, is one of two companies shortlisted for
      BLOOMBERG  -  474 words
    • Article
      Lock icon India unveils new share rules to draw investors
      347 16 Reuters Mumbai INDIA'S capital markets regulator has launched a series of measures to attract investors and boost confidence in the stock market. The Securities and Exchange Board of India (SEBI) approved the "anchor investor" concept under which an investor can subscribe to
      Reuters  -  347 words
    • Article
      Lock icon China allows IPOs to resume after 9-month suspension
      331 16 AP Beijing REGULATORS yesterday lifted a nine-month ban on Chinese initial public stock offerings after markets rebounded in recent months from the plunge that prompted the moratorium. A small drug maker, Guilin Sanjin Pharmaceutical Co, announced it will become the first IPO
      AP  -  331 words
    • Article, Illustration
      Lock icon Market supervisors seek common rules
      518 17 Reuters They want to regulate abusive types of short-selling of shares by cracking down on settlement failures London GLOBAL market supervisors sought yesterday to forge a more common approach to regulating abusive types of short-selling of shares by cracking down on settlement failures and stopping
      Reuters; REUTERS  -  518 words
    • Article, Illustration
      Lock icon Disputed vote not rigged, says Iran's supreme leader
      538 17 AP Teheran, Iran IRAN'S supreme leader yesterday said that the disputed presidential vote had not been rigged, warning protesters to halt massive demonstrations demanding a new election or be held responsible for creating chaos. Ayatollah Ali Khamenei sided with hardline President Mahmoud
      AP; AFP  -  538 words
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  • SGX
    • Article
      Lock icon Transaction date: Jun 19
      8725 18 SZ-wks Tel High Low Code Company Last Sale Vol (■000) Day Last Quote High Low Buyer Seller Div GrYld Net C'vr P/E M Cap $mil_ 8 3 3148 8Telecom 10 2.5 5834 A-Sonic 30.5 12 5000 ABR Hldgs 15 5.5 1938 AEI Corp 8 1 1100
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    • Article
      Lock icon SGX CATALIST
      1547 21 High Low Code Company ligl, Sale ('000) High Low Buyer Seller C'vr P/E Smil 9 5 1181 s AAGrp !2 12 8538 t APStrategic 0.5 1501 s Advanced System S.5 2 3480 t Adventus !7.5 8.5 3518 s Afor 4.1 2 1524 t Alantac 9.5 3.5 7814 t
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      48 21 Up Down Unch 8 4 4 Up Down Unch 0 0 0 Up Down Unch 8 4 4 lulti Ind lanul Factuffn] ■ommerce -inance ,onst ruction >erties Tote] ists >ervices led ias/ TateF linini larr Active counters with no volume for todai are not included
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      42 21 MAIN SD< TOTAL MAIN SD< TOTAI lulti Ind 18,989 18,989 62,081 62,081 lanUI Faci ;unni .ommerce -inance .onst :rud :ion ¥01 jerties Totel Sts" >ervices led linini iiiarr Sir>t forei't stocks. Value calculated usini Monda} ''s excban^ ;e rates.
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    • Article
      Lock icon STOCK PRICES LEGEND:
      137 21 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 cdca cum
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    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      822 21 For week beginning Jun 15 Trans Date Substantial Shareholder/ Director Buy Sell Conv No of Shares '000 Price Per ShrS Before ('000) After (TOO) itock Linair Tech Ltd 19-Jun-09 Raffles Edu Corp 18-Jun-09 Raffles Edu Corp 18-Jun-09 HyfluxLtd 18-Jun-09 Dayen Environmental 18-Jun-09 Dayen Environmental 18-Jun-09 China
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  • Page 18 Advertisements
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  • MARKETS
    • Article, Illustration
      Lock icon STOCKS
      88 22 YTD change: +29.04% 52-week high: 3,028.42 on June 20,2008 52-week low: 1,455.47 on March 10,2009 Source: YTD change: +24.56% 52-week high: 23,411.60 on June 20,2008 52-week low: 10,676.20 on Oct 27,2008 Source:! YTD change:-2.52% 52-week high: 12,114.70 on June 19,2008 52-week low: 6,469.95 on March 6,2009 (Chart shows Thursday's
      ißloomberg; :Bloomberg; : Bloomberg; Bloomberg; 3loomberg  -  88 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INT'L INDICES
      354 22 Junl8 dy yr dy yr dy yr Index Change Change Change Change Change Change World Index Preliminai 694.8 0.3 2.5 0.3 5.1 0.5 4.0 EAFE Preliminai 662.9 0.0 2.1 0.1 5.6 0.3 4.5 Euroi Preliminai 907.8 0.7 -0.4 1.0 4.9 1.2 3.8 Pacific 578.7 -1.2
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      145 22 Jun w\ lurrencies Bid \>$/US$ to one unit of foreign currency: \ustralian dollar 1.1700 Offer Bid Offer 1.1713 0.8039 0.8041 ianadian dollar 1.2867 1.2885 0.8841 0.8846 iuro 2.0264 2.0286 1.3923 1.3926 IZ dollar 0.9301 0.9323 0.6391 0.6400 Sterlini 2.3810 2.3837 1.6360 1.6364 IS dollar 1.4554 1.4567 :$/US$
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    • Article
      Lock icon LIFFE
      76 22 JunJsll COCOA (£/tonne) Close Prev Hit ;h/Low Jul 09 1619 1617 1645/1612 Sep 09 1637 1634 1660/1632 Dec 09 1636 1636 1657/1632 MarlO 1632 1632 1655/1628 COFFEE (US$/tonne) Close Pev High/Low Jul 09 1437 1441 1443/1424 Sep 09 1465 1466 1472/1449 Nov 09 1485 1484 1491/1470 SUGAR (US tonne)
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    • Article
      Lock icon CHICAGO BOT
      92 22 Jun ;s|| iOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low lul 09 1213.*****6.*****6.*****9.00 \ug 09 1150.*****1.*****2.*****7.25 Sep 09 1082.*****2.*****1.*****2.50 \lov 09 1043.*****0.*****7.*****8.75 SOYBEAN/OIL (60,000 lbs; usc/b) Close Previous High/Low lul 09 36.95 37.10 37.37 36.37 \ug09 37.11 37.24 37.51 36.51 Sep 09 37.28 37.40 37.68 36.72
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      Lock icon I OIL
      75 22 Jun 18\ ISS/barrel (FOB origin) Close Changi Srent blend (1-Mth F) VTI (Near Mth) )ubai (1-Mth F) "apis blend /linas 70.94 1.0( 71.39 0.470.55 1.4: 75.30 1.1! 73.10 1.1! •RODUCT ISS/barrel (FOB S'pore) Close Chang' \l aphtha let Kerosene 66.32 -0.1! 80.30 2.4( JSS/barrel )pec Oil Basket Price
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      Lock icon METALS
      71 22 Jun J9| GOLD (US$/oz) Jun 18 Jun 19 Hong Kong 936.10 932.50 937.10 933.50 Jun 17 Jun 18 London 931.65 936.70 932.45 937.50 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 20.90 20.67 Source: UOB PLATINUM Lon (US$/oz) Jun 18 Close Previous PM Fix 1206.00 unav AM Fix
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      Lock icon PALM OIL
      59 22 Jun 19\ )elivery 4onth Opening Range Sett Price Av Price Low Vol Done Open Positioi Hh lul 09 2330 2315 2345 2307 Vjg09 2302 2286 2320 2276 Sep 09 2310 2285 2318 2274 Dct 09 2317 2285 2317 2274 Total o/p: *****contracts Turnover: ***** Market tone: MostlyLower 556
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      Lock icon LONDON METALS
      59 22 Jun J-| Uuminium, 99.73' mrity (US$/Lonne; Close Previous lash months lopper, Grade A 1612.25 1642.00 1592.00 1622.00 3JS$/_onne) lash J months ■ead (US$/_onne; 4947.50 4970.00 4936.50 4960.00 lash 1650.00 1634.75 ;ash months "in (US$/_onne; *****.00 *****.00 *****.0( *****.0( lash months [inc, Special Hij *****.00 *****.0( *****.00 *****.0( Grade
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  • PERSPECTIVE
    • Article, Illustration
      Lock icon Mountain crisis, mouse reform
      1183 23  -  Leon Hadar The financial restructuring plan unveiled by Obama is high on rhetoric but low on solid proposals to prevent future catastrophes in the financial system Washington correspondent URING the height of the current financial crisis, at a time when the perception on Wall Street and
      AP I  -  1,183 words
    • Article
      Lock icon Gold only a safe haven at the right price
      906 23  -  Neil Behrmann If deflation is your call, stay away from gold even if you buy it cheap. By London GOLD is a safe haven investment that retains its purchasing power over the long term. The proviso, however, is that the metal
      906 words
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  • Wealth
    • Article, Illustration
      Lock icon Oiling the wheels of growth?
      852 24  -  Genevieve Cua lEA has raised its 2009 demand estimate but said it does not imply economic recovery. By By IL'S precipitous plunge from X US$l47 a barrel H last year to about US$35 in FebruW ary this year seemed like yet another harbinger of hard
      STOCK.XCHNG  -  852 words
    • WEALTH INVESTING
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        Lock icon BROKERS' TAKE
        745 24  -  CONRAD TAN First Resources Neutral DMG Partners Securities June 19 Close: $0,615 WE are upgrading First Resources (FR) to "neutral", due to higher than expected crude palm oil (CPO) production and lower estimated foreign-exchange (FX) losses ahead for FY2OIO. Correspondingly, our target price has been raised from $0.42
        745 words
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        Lock icon Boring approach that works
        1095 25  -  Ben Fok WEALTH INSIGHTS Keeping a balanced, diversified position instead of timing markets ensures goals are met and risk is minimised CEO, Grandtag Financial Consultancy (S) J^f— V ARTICLE "Stay invested or adopt dollar cost averaging" published in The Business W _^^^^k Times on April 25
        AFP  -  1,095 words
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        Lock icon How to avoid the dash to trash
        1216 26  -  Teh Hooi Ling SHOW ME THE MONEY In the current fickle market, here's a way to find stocks that are potentially good long or buying candidates hooiling@sph.com.sg Senior correspondent BACK in May 2008 it seems so long ago James Montier of Societe Generale
        AP  -  1,216 words
    • WEALTH REAL ESTATE
      • Article, Illustration
        Lock icon Waiting for the right time
        770 28  -  Emilyn Yap CapitaLand will launch new projects only when they can fetch prices the developer wants. By I BUYERS may be rushing back to the private housing market, but Capita Land is in no rush to release new projects. "If we think there is potential
        770 words
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        Lock icon Taking The Easy Way Out
        815 29 Special Feature ran YTL Hotels Luxury Destination Series New routes by regional airline Firefly put Pangkor Laut Resort and Tanjong Jara Resort, two of Malaysia's most beautiful and unspoiled locations, within a couple of hours' reach of Singapore. Perfect for that batteryrecharging long weekend or
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      705 27 PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF STREETNAME TYPE DATE AREA*(SQFT) (S$'000) (Ss) STREETNAME TYPE DATE AREA*(SQFT) (S$'000) (Ss) District 1 Sandalwood Apt 01/06/2009 FH 850 705 829~ NON-LANDED TheNclave Apt 01/06/2009 FH 1044 800 766 The Sail Marina Bay Apt 01/06/2009 99
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      56 29 Contact your travel agent or YTL Travel Centre at (001) 800 9899 9999 (overseas toll-free number) or email: travelcentre@ytlhotels.com.my for more details. YTL Hotels is the hospitality arm of one of g Malaysia's most dynamic conglomerates, ■&3Q9 YTL Corporation Berhad. The company owns and manages a stellar collection of internationally
      56 words
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  • Page 30 Miscellaneous
    • Miscellaneous
      Lock icon Page 30 Miscellaneous Column 1
      48 30 lr t^ ill WALK WSi&; THE mm line I New York City's g^M PHOTO: AFP DINING PERSONAL SPACE HEALTH Eat, drink and be merry L4-5 Julia Gabriel's sanctuary LlO-11 Glycemic index Ll4-15 SHOPPING TRAVEL MOTORING Sustainable luxury L6-8 Siem Reap with a heart Ll2-13 Audi's diesel option L2O
      48 words
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  • BT Living
    • COVER STORY
      • Article, Illustration
        Lock icon Walk the line
        1127 31  -  Andrew Marks A public garden in the sky transforms a once-gritty New York neighbourhood into a hip destination By N June 9, the High Line Park a long-aban- doned elevated railroad trestle I rising above I what was one of Manhattan's seediest neighbourhoods just 10 years ago
        AFP  -  1,127 words
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        Lock icon Neighbouring attractions
        496 31  -  Andrew Marks Where to stay The Standard Hotel 848 Washington St 212-645-4646 Andre Balazs's new High Line-strad-dling hotel is both undeniably chic and unexpectedly affordable. Rooms from US$l95-495 a night. Hotel Gansevoort 18 9th Aye S 212-206-6700 Luxurious accommodations and a rooftop bar and pool that draws a
        ANDREW MARKS  -  496 words
    • DINING
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        Lock icon CHEERS
        1398 32  -  Audrey Phoon Audrey Phoon Tucker or tipple? These establishments combine decent fare with speciality beverages, and should leave both diners and drinkers satisfied By i aphoon <isph.com.sg By aphoon asph.com.sg Tawandang Micro Brewery 26 Dempsey Road, #01-01 [Opening soon] BANGKOK is known for its food, beer and entertainment scene,
        JOSEPH NAIR  -  1,398 words
    • SHOPPING
      • Article, Illustration
        Lock icon Zegna's win-win business
        764 33  -  Melissa Lwee IN 1910, a young entrepreneur by the name of Ermenegildo Zegna founded a wool mill to create high-quality fabrics in Trivero, a small town in the Biella Alps in Italy. Having achieved success, the enterprising businessman looking at the poor state of the town that
        JOSEPH NAIR  -  764 words
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        Lock icon Carry the green cause
        642 33  -  Audrey Phoon AFTER some years of dabbling in sustainable luxury researching environmentally sustainable processing methods has been going on since 2007 Italian leather brand Salvatore Ferragamo has come up with what is possibly the world's first line of ecologically conscious luxury bags ("I'm Not A Plastic
        642 words
      • Article, Illustration
        Lock icon Ethically correct
        472 34  -  Melissa Lwee P O environment lover Lilia Yap, a sustainable and ethical fashion practice goes beyond choice of materials. "I I don't think that simply by using natural or organic or eco-friendly fabrics and materials automatically makes a label sustainable and ethical," insists the UK-based Singaporean designer who
        472 words
      • Article, Illustration
        Lock icon A silver lining
        574 34  -  Audrey Phoon AS THE saying goes, every cloud yes, even economic cumulus nimbus has a silver lining. And for jewellery fans who have been starved of justifiable purchases in the current recession, that lining could take the form of silver jewellery studded with semi-pre-cious gems from Choo
        574 words
    • GADGETS
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        Lock icon To have and to hold
        983 35  -  Christopher Lim A look at three of the most desirable new models announced this week at CommunicAsia2oo9 By IF YOU absolutely have to own the latest and greatest mobile phone, you need to keep your eyes trained on two big global exhibitions. The Mobile World
        983 words
    • HOME & GARDEN
      • Article, Illustration
        Lock icon Quiet sanctuary
        1327 36  -  Cheah Ui-Hoon When Julia Gabriel wants to destress and recharge, she simply boards the ferry to Batam, where her villa by the sea awaits her. By A CERTAIN "type" of passenger takes the ferry from Tanah Merah terminal to Nongsapura, Batam, especially on weekdays. The women have permed
        ARTHUR LEE  -  1,327 words
    • TRAVEL
      • Article, Illustration
        Lock icon Making connections at Angkor
        1046 37  -  Clarissa Tan A five-star hotel and a credit card company are doing their bit to connect tourists and the less fortunate in Cambodia By THERE is poor and there is poor. In Singapore, being poor may mean you have never stepped into a fancy restaurant. In
        LOVEN RAMOS  -  1,046 words
      • Article, Illustration
        Lock icon Temples of chic
        663 37  -  Clarissa Tan By btnews a sph.com.sg SIEM REAP is known mostly for its proximity to Angkor Wat, the world-famous complex of ancient religious buildings. But increasingly, on its bustling and colourful streets, it's gaining recognition for its temples of designer chic. These stores are often set up
        HOTEL DE LA PAIX; CLARISSA TAN  -  663 words
    • HEALTH
      • Article
        Lock icon Lowdown on sugars
        1423 38  -  Cheah Ui-Hoon The buzzwords are glycemic index (Gl) and glycemic load (GL), which are the latest and best ways to track your diet. By FORGET about counting calories, it's so 80s. These days, it's all about finding out about the quality of those calories, and not just
        1,423 words
      • Article, Illustration
        Lock icon When the Dow heads south
        390 38  -  Amanda de Guzman By WHEN the Dow goes down, so does the importance men place on their sexual health, says a recent poll conducted among 42 general practitioners (GPs). Half the respondents say that they had seen a drop in the number of patients complying
        390 words
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      31 32 A Tost* J-Cu/lt-T&dcah, Double Boijed Shark's Fin JU. Soup in Chicken Stock C f specially prepared s*/* /-> k I Al^ by CiefCioju f J I J V J^U H /personinj m
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  • SPORT
    • Article, Illustration
      Lock icon Little spice in women's tennis
      934 39  -  Naveen Verghese no holds barred naveen@sph.com.sg Executive Sub-editor AS fans gear up for the third Grand Slam of the year, women's tennis finds itself in a strange position. On some fronts, the state of the game is healthier than before. Women tennis stars are now
      AP PHOTOS  -  934 words
    • Article
      Lock icon Federer ready to reclaim Wimbledon crown
      451 39 Reuters London WILL Roger Federer reclaim his Wimbledon throne? Will Rafael Nadal's knees permit him to defend his title? Can Andy Murray finally put the worn-out Fred Perry statistic to bed? Those are the three burning questions as the All England Club's famous lawns
      Reuters  -  451 words
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  • GOLF
    • Article, Illustration
      Lock icon The good, the bad, and the old
      1114 40  -  Justine Moss Do high-tech advances in golf equipment help or hamper the game? By OVER the years, much has been written about the technological advances of golf equipment, the continuous journey that clubs have to take, being tweaked, reshaped and tested, while critics
      FILE PHOTO  -  1,114 words
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  • MOTORING
    • Article, Illustration
      Lock icon Small car, big style
      523 41  -  KLTay The Peugeot 107's size and style make it the perfect city car. By BEIJING artist Yue Minjun is famous for his Symbolic Smile contemporary art pieces. The latter seems to have inspired the new "face" of Peugeot but executed to the extreme for the 107's
      523 words
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      Lock icon driving notes
      351 41 New grand Bentley THE summer of 2010 will see the Arnage cruise into the history books as it makes way for a brand new Bentley flagship model that should be a more credible competitor to the Rolls-Royce Phantom. After all, the basic design of the current ultra-luxury limousine,
      351 words
    • Article, Illustration
      Lock icon F1.1 next?
      683 42  -  Samuel Ec fl watch F1 teams are threatening to break away and form their own series. By AFTER hiding in a Swat Valley cave for the last two months, I emerged this week to news of great shock and horror. No, the Taleban has not signed a deal
      REUTERS  -  683 words
    • Article, Illustration
      Lock icon DELIGHTFUL DESEL
      631 43  -  Samuel Ec What you get with the Audi A5 3.0 TDI quattro is failsafe good, clean fun. By DIESEL is not only about efficiency but also performance. And diesel is fun it definitely isn't smoky or smelly anymore. Audi Singapore is hoping that mantra will inspire more prospective
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      32 42 Volkswagen Gall GT MKS >^^^^Sjtt^^^^^^ where dreams become REALITY NEW ALEXANDRA SHOWROOM,THE ALEXCIER,237 Alexandra Road #01 13/14/15/16 TIL: 6473 111» ÜBISHOWROOM r 6I Übi Ave2 r AML Building, #02-16 TEL: 6749 1119
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