The Business Times, 26 September 2009

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Total Pages: 53
1 53 The Business Times
  • 18 1 weekend THE BUSINESS TIMES www.businesstimes.com.sg I SEPTEMBER 26-27, 2009 Ssl.oo MICA(P) 124/08/2009 Sf^l A SINGAPORE PRESS HOLDINGS PUBLICATION
    18 words
  • 889 1 Reuters, Bloomberg, AP Pittsburgh Summit bows to the inevitable, endorses G-20 as premier world forum Pittsburgh THE Group of 20 will become the forum for global economic management, giving rising powers such as China more clout, a draft communique said yesterday. "We designated the
    Reuters, Bloomberg, AP; REUTERS  -  889 words
  • 823 1  -  Nisha Ramchandani Crashgate claims more victims; will Fl problems hurt Spore too? By Singapore nishar@sph.com.sg Singapore THE familiar floodlights and the revving of engines signalled the return of Formula One to the Marina Bay circuit yesterday. But you only had to take a
    HO PENG YEW/LIANHE ZAOBAO  -  823 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 172 1 fc^ THE RAFFLES CONVERSATION CEOS'HAWKER GUIDE 4^S^^\ WEALTH \J Ik 808 GELDOF, IRISH Bak chor and liS^l *1 Emerging market debt ROCKER-ACTIVIST 12-13 fishball noodles L 6-7 in for re-rating 34-35 CLAW BACK Port Klang Authority sues again Fresh lawsuit against entities involved in the scandal-tainted Port Klang Free Zone
      172 words

  • TOP STORIES
    • MARKETS
      • 47 2 KL COMP 1,217.39 -0.67 NIKKEI 225 10,265.98 -278.24 HANG SENG 21,024.40 -26.33 SET 721.57 -6.97 JAKARTA 2,444.58 -24.32 MANILA 2,821.34 -16.00 KOSPI 1,691.48 -2.40 SHENZHEN B 508.69 +0.77 MUMBAI IND 16,693.00 12 noon EDT -88.43 Chanpe 12 noon EDT DOW 9,674.94 Change -32.50 NASDAQ 2,093.02 -14.59
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      • Article, Illustration
        29 2 SINGAPORE 538 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.234 TAIWAN 4.776 JAPAN 1.475 KOREA 933 BRITAIN 050 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 11.75 Source: Bloomberg
        Bloomberg  -  29 words
      • 47 2 us$ 'S$ ler US$; 1.417 ;us$/s$ 1.600 2.267 EURO. 'US$, IS$i 1.468 2.080 Foreign currency per US$ S$ YEN 90.60 63.90 RM 3.469 2.448 HK$ 7.751 5.470 BAHT 33.63 23.73 RUPIAH 9,660 6,818 RENMINBI 6.829 4.820 INDIAN RUPEE 48.09 33.94 A$ 1.153 0.813 NZ$ 1.392 0.983
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    • 517 2  -  S Jayasankaran It seeks total damages of RMl.64b as it tries to salvage some value from the development By btworld@sph.com.sg Kuala Lumpur THE Port Klang Authority (PKA), the owner of the scandalplagued Port Klang Free Zone (PKFZ) project, yesterday filed a RM92O million (*****
      517 words
    • 379 4  -  Joyce Hooi She leaves DBS to join OUE and switches back to retail By joyceh@sph.com.sg Singapore FORMER Aware president Josie Lav has moved on from banking to retail. The former DBS Bank executive started her first day of work on Thursday at
      FILE PHOTO  -  379 words
    • 306 4 Reuters Pittsburgh GROUP of 20 leaders said that banks must set aside more and higher quality capital by the end of 2012, a draft summit communique showed yesterday as governments sought to minimise the need for bailouts in future. The new capital rules would
      Reuters  -  306 words
    • 328 6  -  Teh Shi Ning 12.3% rise is second straight month of expansion in industrial output By tshining@sph.com.sg Singapore SINGAPORE'S industrial production rose 12.3 per cent year-on-year in August, led by a spike in biomedical output. It is the second straight month of expansion in factory output,
      328 words
    • 701 6  -  Joyce Hooi Proposed changes could mean banks showing better ratings, but losses By joyceh@sph.com.sg Singapore IF bankers are currently the bad boys of the G-20 Summit being held in Pittsburgh, International Accounting Standard 39 was the summit's whipping boy in London earlier this month.
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    • 311 6 NYT San Francisco TWITTER, which has no discernible revenue, is set to raise about US$lOO million of new funding that would value the company at around US$l billion, a person briefed on the company's plans said on Thursday. For context, that
      NYT; AFP  -  311 words
    • 256 8  -  Chuang Peck Ming By peckming@sph.com.sg Singapore FORMULA One boss Bernie Ecclestone yesterday helped raised $100,000 for the President's Challenge Charity when he successfully bid for this year's Singapore Grand Prix official watch, Franck Muller's Conquistador Singapore GP 2009 Racing Chronograph. Another time piece, Chopard's
      YEN MENG JIIN  -  256 words
    • 362 8 AP Alonso is 2nd fastest; Renault driver crashes in same spot as Piquet Singapore RED Bull revitalised its Formula One championship hopes with a strong display in yesterday's practice for the Singapore Grand Prix, with Sebastian Vettel recording the best time. With the Red
      AP  -  362 words
    • 766 8  -  Michelle Quah COMMENTARY By ""T~HAT a difference a year makes. Twelve months ago, spirits were high and excitement soared as Singapore basked in the glory of finally being able to host its first Formula One race. As an ardent Fl fan, I found it
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    • 583 9  -  Samuel Ec $lm raised at the President's Challenge Fl Charity Luncheon By samuelee@sph.com.sg Singapore IT may have been a charity lunch but the food was hardly the token affair that one would expect at an event where the main objective is to raise funds. Because
      YEN MENG JIIN  -  583 words
    • 419 9  -  Nisha Ramchandani By nishar@sph.com.sg Singapore TEAM Lotus may be based in Malaysia, but it will be an "Asean team", said Air Asia boss Tony Fernandes. Speaking to media on the sidelines of the Singapore Grand Prix yesterday, Mr Fernandes who is one of
      HO PENG YEW  -  419 words
    • 668 10 Reuters, Bloomberg But the 144-year-old bank will remain based in UK for tax purposes London HSBC Holdings is swinging its power base back to its place of birth 144 years ago by moving its chief executive to Hong Kong as
      Reuters, Bloomberg; AP  -  668 words
    • 259 10 AP But it may face voter rejection of tax treaties in referendum Bern SWITZERLAND was promoted yesterday to a "white list" of countries that have signed up to international tax information exchange rules, taking a further step towards shedding its stigma
      AP  -  259 words
    • 446 10 AP Washington FACING declining advertising revenues, US newspapers should be allowed to recoup taxes they paid on profits earlier this decade to help offset some of their current losses, an industry representative told a joint committee of Congress on
      AP  -  446 words
  • Page 2 Miscellaneous
    • 65 2 NEWS LIVING Top Stories 2-10 Shopping Raffles Conversation 12 Gadgets L 5 Dining L 6-9 Week In Review 14 Companies 15-17 Singapore 18-19 m 5 °^Hfe Letter From Abroad 20 J^^^^. From The Desk Of 21 j^H^SMI World 2226 Home Garden LlO-11 Stocks Stats 27-31 Travel Ll2-13 Perspective 32-33 Health
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  • Page 3 Advertisements
    • 88 3 I^BHFwB&^^SB If HrrP -i>« sEjbF ---'^tMBBPiI J f^l/' HRHj^U Come home to cosmopolite style and (te^Sf* A distinctive home, replete with a stately elegance at the stylish IVizon. White House ReridencM l^_^_^J Prestige Homes At Exclusive Addresses For a private viewing, please call 6836 3338 Commercial Industrial Residential Investment Sales
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  • Page 6 Advertisements
    • 29 6 a2,|»lsloosqft Total 2 Plots 2' Nice Wide Frontage gg'^^aPs^? *Elevated Land MP^^^^P Panoramic View I Quiet and Easy Access to Tanglin Road I Attractive Price Newsman Sole Marketing Agent
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  • Page 11 Advertisements
    • 203 11 10.52AM 11.37AM 1.16PM PREPARING FOR YOUR CHECK-IN KEEPING THE NOISE DOWN. SLEEPING OFF YOUR JETLAG WITH WELL BEFORE YOU ARRIVE. IT'S BEEN YOU ONLY NEED TO APPRECIATE NO INTERRUPTIONS. HOUSEKEEPING, A LONG FLIGHT AND THERE SHOULD OUR COMFORTS, NOT KNOW HOW LAUNDRY AND THE REST OF THE BE NO FURTHER
      203 words

  • THE RAFFLES CONVERSATION
    • 2421 12  -  Jaime Ec He is, in his own words, someone who does politics for his head, business for his stomach, music for his soul, and family for his heart. By IT is 23 minutes and 25 seconds before Bob Geldof says his first "f**k". One rather expected
      ARTHUR LEE  -  2,421 words
    • 76 12 Raffles 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
      76 words

  • WEEK IN REVIEW/WEEK AHEAD
    • Article, Illustration
      684 13 Sept 21-25, 2009 Financial advisers defend stance on exit offers WHILE recent privatisation and takeover deals may seem unattractive, independent financial advisers and bankers say that claims that they are endorsing deals that are unfair to minority investors are off the mark. COE quota may see sharp cut
      PHOTOS: AP  -  684 words
  • Page 13 Miscellaneous
    • 190 13 CRYPTIC CROSSWORD Across I —I 1 —1 —I I—l1 —I I—^— —l —l I —l —l 14 A bulletin was sent out L..ipit,.il i < radiographer brought yesterday's solution State (7) 14 Hole, 17 Contour lines', 20 Father 26 A patterned cloth in torn garment, sort of jacket 6 Solve
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    • 93 13 NEXT WEEK Sept 28-Oct 2 US DATA Sept 29 Consumer confidence Sept Sept 30 GDP final Q2 Chicago PMI Sept Oct T Personal income Aug Construction spending Aug ISM Index Sept Oct 2 Non-farm payrolls Sept Unemployment rate Sept Factory orders Aug SINGAPORE DATA Sept 29 Producer and international trade
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  • COMPANIES
    • 463 14  -  Winston Chai Exercise part of '100-day action plan' developed by the company's new management By winstonc@sph.com.sg Singapore MORE than 50 Mediaßing employees will be axed under a new restructuring plan put forth by the company's new management team. "The new management intends to
      463 words
    • 472 14  -  Lynette Khoo By lynkhoo@sph.com.sg Singapore ZHONGHUI Holdings has been placed under judicial management, following a court petition by its creditor United Overseas Bank (UOB). The Singapore High Court has appointed Goh Thien Phong and Chan Kheng Tek, both partners of PricewaterhouseCoopers LLP, as the judicial
      472 words
    • 250 14  -  Winston Chai By winstonc@sph.com.sg Singapore LION Asiapac's plan to set up a property development joint venture in China's Changsu city has been canned as a result of shareholder dissent. The company, which has a diversified portfolio of semiconductor, limestoneprocessing and scrap metal-trading businesses,
      250 words
    • 295 14  -  Oh Boon Ping By huwenbin@sph.com.sg Singapore TROUBLED Asia Water Technology (AWT) has received a lifeline, which could stave off the prospect of liquidation. In a statement, the water treatment specialist said it has entered into an agreement with United Envirotech, also
      295 words
    • 617 15  -  R Sivanithy STOCKS Wall Street wields greater impact on local stocks as China market influence continues to wane sivan@sph.com.sg Senior correspondent THE influence of the China market as a pacesetter for local stocks continued to wane this week, with Wall Street clearly exerting the greater
      617 words
    • 122 15 VOL CLOSE ChinaAniH 199,245 25.5 1.5 6.3 Memstar 155,461 12 2.0 20.0 Gentinj SP 115,563 112 -4.0 -3.4 GMG Global 105,765 11.5 1.0 9.5 EcoWise 98, 1721 28 4.5 19.1 ;reat Groui 86,837 41.5 0.0 0.0 ChinaTaisan 81,486 19 3.5 22.6 E3 Hlds 80,705 0.5 20.0 Yira
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    • 59 15 CLOSE UP IBXT DJE50 10US$ 4314 168.5 2.! iBXTS&P Short 10US$ 5891 85.0 1.1 IK Land 438 34.0 5.! iTXPO 100 1442 28.0 2.1 lardine C&C 2422 26.0 1.1 ICBC Bk 4.5%NCPS 100 9550 20.0 o.: loble .ES.0909 245 16.0 IOB 1680 16.0 1.1 <or India Nil 10
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    • 52 15 CLOSEDOWN IBXT MSEuroi 10US$ 4146 -229.4 -3.! ;ld ious: 9770 -198.2 -1.. iBXT FTChina25 10US$ 2930 -189.7 -4.. IMH 3044 -124.6 -2.! ISH 1680 -62.3 -2. )CC 3.93% NCPS10 7930 -50.0 -O.i cor Emen Jin; :s 1 912 -25.5 -1.' 'ilmar 675 -24.0 -3.. .yxor Apex50 10US$ 357
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    • 110 15 tod name lose lam ]apital_and 3.690 -0.010 litaMall 1.790 +0.050 :if 'Dev 10.160 -0.040 :omfortDelGro 1.570 :osco Con 1.220 -0.010 IBS Grp 13.080 +0.120 :&N 3.900 -0.020 ientin: SP 1.120 -0.040 jolden Agri 0.435 -0.005 IK Land 4.380 +0.240 MH 30.440 -0.880 ISH 16.800 -0.440 lardine C&C 24.220
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    • 403 15  -  Lynette Khoo By lynkhoo@sph.com.sg Singapore OVERSEA-Chinese Banking Corporation (Hong Kong Branch) has dropped its winding-up application against FibreChem Technologies to give the company some breathing space to work out a restructuring plan. A restructuring proposal, being crafted by nTan Corporate Advisory, could be ready
      403 words
    • 374 16  -  Lynette Khoo It will be developed into an integrated development project with high-end residential units and top-end retailers By lynkhoo@sph.com.sg Singapore YING Li International Real Estate has secured a prime integrated development site in Yuzhong District, Chongqing, China for 851.6 million yuan (*****.4
      374 words
    • Businessbriefing
      • 58 16 BAN Joo Co, which is looking to take over Telemedia Pacific Incorporation Ltd, says the latter has been included as an additional party in a memorandum of understanding (MOU) in respect of the planning of a state-of-the-art, high-capacity fibre optic cable system linking Singapore,
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      • 65 16 CLUB operator Lifebrandz's net loss for the fiscal year to July 31 increased to $11 million from $7.4 million a year ago. Sales fell 20 per cent to $31.4 million from $39.2 million. The company holds cash and cash equivalents of $2.6 million, down from
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      • 68 16 HO Bee Investment (through 80 per cent-owned HB Investments China) and Yanlord Land Group (through wholly owned Yanlord Land Pte Ltd) have set up a 50:50 joint-venture company in Singapore known as Yanlord Ho Bee Investments Pte Ltd. The JV company will undertake a
        68 words
      • 56 16 ASIA Environment Holdings said an agreement to build and operate a wastewater plant in Anhui province, China, has been terminated by the management committee of Anqing Economic Development Zone. "The company will endeavour to carry out the negotiation in the best interest of the company
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  • Page 16 Advertisements
    • 154 16 XU LU DMI^V |>, q a D D A T T VI.AI Ilkl^^^J HOMES mil li WW r.Jr.oA I |H *^^V^^H fofl/f around you Great new development in excellent London location Contemporary 1-, 2- and 3-bedroom apartments with <MM balconies orVerraces Sat» 3rd Sun» 4th Oct <09 Built around beautiful
      154 words

  • SINGAPORE
    • 575 17  -  Emilyn Yap JTC to build new road link and barging terminal for energy and chemical firms By emilyny@sph.com.sg JURONG Island will be getting a new road link and barging terminal to support its growing energy and chemicals cluster. Industrial landlord JTC Corporation unveiled these
      LAU FOOK KONG^HE STRAITS TIMES  -  575 words
    • 256 17  -  Yen Sreenivasan By ven@sph.com.sg TIGER Airways is getting into pilot training in a big way by embarking on initiatives involving cargo pilot conversion and multi-pilot licensing (MPL). The budget carrier yesterday announced the two initiatives, but gave little details about costs, timelines or the total number
      256 words
    • 559 18  -  Teh Shi Ning MOM's move aimed at reducing employers' exposure to big hospital bills; security bond conditions also revised By tshining@sph.com.sg THE Ministry of Manpower (MOM) yesterday announced changes to the medical insurance requirements and security bond conditions that employers of foreign workers
      559 words
    • 315 18  -  Uma Shankari By shankari@sph.com.sg MARINA Bay Sands (MBS) yesterday announced more luxury brands that plan to take up space at the integrated resort such as Louis Vuitton, Gucci, Prada and Yves Saint Laurent. Right now, close to 80 per cent of shops at the
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    • 254 18 THANKS to an invitation from SC Global Developments Ltd, 40 children, caregivers and staff from Beyond Social Services were able to experience the heart-stopping moments of Formula One and the Porsche SC Global Carrera Cup Asia. The property developer also
      254 words
  • Page 17 Advertisements
    • 28 17 omVH@IISiI s|^ WAMOIFRA Best in online media for newspaper websites (Gold) Z^> Best in cross media editorial coverage (Gold) Y^> Best in cross media advertising (Silver) www.omy.sg y
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  • LETTER FROM ABROAD WITH ASCOTT
    • 824 19  -  Sim Ping Khuan LETTER FROM HANOVER, NEW HAMPSHIRE Undergraduate student Dartmouth College Dartmouth has offered me an experience beyond what I could possibly imagine when I was still a junior college student in Singapore. We invite Singaporeans living overseas or posted abroad to write about
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  • Page 19 Advertisements
    • 231 19 DEFINING VIBRANT LIVING J. ,> W*M fc IN SUKHUMVIT, BANGKOK citadinesvacation promotion yi!^ M \ft» RATES STARTING FROM I W&*#l A It" Experience the excitement of Bangkok and enjoy great value when you stay at |^H M '^k any of our 4 Citadines Apart'hotels located in Bangkok's prime Sukhumvit -p.
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    • 18 19 THE ASCOTT GROUP A Member of Capita Land This series is brought to you by The Ascott Group
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  • FROM THE DESK OF
    • 963 20 Clients should demand a return to the fundamentals of private banking and wealth management, which is to offer them personalised and customised services I FROM THE DESK OF Reto Isenring Managing director, VP Bank (Singapore) Ltd THE 2008 financial crisis which almost led to the
      963 words

  • WORLD
    • 1271 21  -  Vikram Khanna G-20 SUMMIT Eminent economist Arvind Subramaniam talks about some key issues arising from the summit. By On the significance of this G-20 meeting The first two G-20 meetings focused on firefighting. But now, the fires have been doused, so the focus has
      ARTHUR LEE  -  1,271 words
    • 705 23 Bloomberg Index shows prices of these cars have risen 60% since September 2006, beating art, wine, stocks and gold Washington STEPHEN Serio, aWaltham, Massachusetts classic-car dealer, expects the 1966 Ferrari 275GT8 on his lot to sell for about US$BlO,OOO. Five years ago, the
      Bloomberg  -  705 words
    • 617 23 NYT New York THE übiquitous but highly inefficient 60-watt light bulb badly needs a makeover. And it could be worth millions in government prize money and more in government contracts to the first company that figures out how to do it. Right now,
      NYT  -  617 words
    • 502 24 Reuters France Telecom under public scrutiny after 22 employees committed suicide since 2008 New York COMPANIES need to find a way to tackle the stress put on employees caused by non-stop emails in the Blackßerry age, according to a top executive at France
      Reuters; AP  -  502 words
    • Briefing
      • 90 24 Unused TV airwaves worth US$1 00b in bandwidth Bloomberg le UNUSED television airwaves in the US could generate more than US$lOO billion in economic value by 2025 when used for wireless Internet services, a study commissioned by Microsoft showed. Regulators agreed last year to free up the airwaves for Web
        Bloomberg  -  90 words
      • 68 24 Bloomberg Cambridge, Massachusetts HARVARD University president Drew Faust is pushing to knock down traditional budgeting barriers among the school's independent divisions, after the school lost US$ll billion of endowment value to US$26 billion from the last fiscal year. It currently has a decentralised system where
        Bloomberg  -  68 words
      • 66 24 Reuters A GOVERNMENT task force set up to help revive Japan Airlines Corp said yesterday that it would review the carrier's turnaround plans from scratch and that splitting it into "good" and "bad" parts was an option. JAL, swamped by US$l5 billion of
        Reuters  -  66 words
      • 71 24 LAT-WP 3S A new study found that regularly using chatspeak the official term is simple messaging service (SMS) does not automatically make teens bad spellers. This is a major concern among some parents who think that frequent texting will transform their children. Chatspeak
        LAT-WP  -  71 words
      • 84 24 AP !S DOZENS of Michael Jackson fans were among the first to line up for This Is It tickets outside the Nokia Theatre. The film features a behind-the-scenes look at Jackson preparing for the series of London shows that he was
        AP  -  84 words
      • 79 24 Xinhua >s AT least 71 people have been confirmed dead and other 746 lying critically ill of a yet to be diagnosed disease in north-east Nigeria's Adamawa State, the Nigerian Tribune newspaper reported yesterday. The nature of the disease has not been determined by
        Xinhua  -  79 words
      • 72 24 AFP hi A 26-year-old American tourist travelling in India hitched a ride in a rickshaw last Saturday and married the driver on Wednesday, the Mail Today newspaper reported yesterday. Whitney, whose surname was not given, from Chicago met her Prince Charming, Harish Hotala,
        AFP  -  72 words

  • Page 22 Advertisements
    • 2922 22 M I f^F^idX/ L.C. Development Ltd I I I J\ W Company Registration No *****1118N k LbX V™^ V (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the 37 th Annual General Meeting of the Company will be held at Crowne Plaza and otherwise In accordance with
      2,922 words



  • 518 25 AP, Reuters Consumer sentiment rises to the highest in 20 months amid growing hopes of economic recovery, survey shows Washington FEDERAL Reserve chairman Ben Bemanke said yesterday a government programme intended to spark lending to consumers and businesses is still necessary even with other
    AP, Reuters  -  518 words
  • 323 25 AFP Beijing ABOUT two million people are now recognised as descendants of Confucius, more than tripling the size of the celebrated Chinese philosopher's family tree, state media reported yesterday. The new list, which includes ethnic minorities, women and overseas relatives for the first time,
    AFP  -  323 words
  • 337 25 AFP Berlin GERMAN Chancellor Angela Merkel and her rivals scrambled for last-minute votes yesterday before an election that will decide the coalition that must pull Europe's top economy out of its worst post-war crisis. Barring a huge election day surprise tomorrow, the popular Ms Merkel
    AFP  -  337 words

  • SGX
    • 9051 26 ligh Low Code Company Sale C000) High Low Buyer Seller C'vr P/E Smil 7 11.5 5.5 I !3 13 I 6 12 4 IS 6.5 3.5 jj 15.5 I 1.5 8 1 12.5 33 i.5 >1 I J J6.5 !0 12 !8 11.5 !04 01 15
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    • 1565 29 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E Smil 5.5 5 1181 s AAGrp >_6 12 8538 t APStrategic 0.5 1501 s Advanced System '.5 2 3480 t Adventus !0 8.5 3518 s Afor 2.5 2 1524 t Alantac 1 3.5 7814 t Albedo
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    • 99 29 Up Down Unch 10 0 7 Up Down Unch 0 0 0 Up Down Unch 10 0 7 lulti Ind lanufacturini 110 49 49 11 15 121 52 'ommerce 29 18 24 34 23 27 /Stor/ /Comms 16 14 14 17 15 :inance 14 14 instruction 12
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    • 260 29 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
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    • 825 29 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Sep 21 Trans Date Substantial Shareholder/ Director Buy Sell Conv No of Shares '000 Price Per Shr$ SHAREHOLDING Before After ('000) ('000) Stock Cityspring Infra Trust 24-Sep-09 Peter Foo Moo Tan Chunghong Hldgs Ltd 23-Sep-09 Lead Data Inc Rowsley Ltd
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    • STOCK MARKETS
      • 19 30 YTD change:+sl.l6% 52-week high: 2,707.24 on Sept 10,2009 52-week low: 1,455.47 on March 10,2009 Source: Bloomberg
        Bloomberg  -  19 words
      • 19 30 Source: YTD change:+46.l3% 52-week high: 21,429.70 on Sept 17,2009 52-week low: 10,676.20 on Oct 27,2008 Bloomberg
        Bloomberg  -  19 words
      • 25 30 YTD change:+lo.6l% 52-week high: 11,168.00 on Sept 26,2008 52-week low: 6,469.95 on March 6,2009 (Chart shows Thursday's index closing) Source: Bloomberg
        Bloomberg  -  25 words
      • 364 30 Sep24 %dy yr %dy yr dy yr Index Change Change Change Change Change Change World Index Preliminai 797.7 -0.9 17.7 -1.2 19.9 -1.3 22.0 EAFE Preliminai 763.7 -0.8 17.6 -1.4 23.3 -1.5 25.6 Euroi Preliminai 1075.3 -1.4 18.0 -2.3 24.9 -2.4 27.2 Pacific 633.3 0.4
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      • 146 30 Sep2s| :urrencies Bid >$/US$ to one unit of foreign currency: Australian dollar 1.2282 Offer 1.2304 Bid 0.8675 Off«r 0.8678 :anadian dollar 1.2964 1.2988 0.9157 0.9161 iuro 2.0780 2.0812 1.4677 1.4679 IZ dollar 1.0165 1.0187 0.7180 0.7185 jterlini 2.2654 2.2689 1.6001 1.6003 IS dollar 1.4158 1.4178 >$/US$ to
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      • 20 30 Source: YTD change:+ss.9l% 52-week high: 3,478.01 on Aug 4,2009 52-week low: 1,664.92 on Oct 28,2008 Bloomberg
        Bloomberg  -  20 words
      • Article, Illustration
        19 30 YTD change: +15.88% 52-week high: 12,082.60 on Sept 26,2008 52-week low: 6,994.90 on Oct 28,2008 Source: Bloomberg
        Bloomberg  -  19 words
      • 74 30 Sep 24j\ 1 (£/tonne) Close Prev Hi! ;h/Low >ec 09 2015 2027 2040/2005 dar 10 2031 2044 2058/2023 day 10 2048 2062 2069/2040 lul 10 2007 2016 2025/2007 lOFFEE (US$/tonne) Close Pev High/Low 5epO9 1389 1466 1449/1411 \lov09 1400 1477 1473/1391 Ian 10 1426 1501 1496/1418 SUGAR (US tonne)
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      • 103 30 Sep 24|| SOYBEANS (5,000 bu min; USc/60 Ib bushels) Close Previous High/Low Nov09 919.50 920.50 929.75 904.50 Jan 10 924.50 925.00 934.50 909.50 Mar 10 926.50 926.00 935.50 912.00 May 10 926.50 925.00 934.75 912.00 SOYBEAN/OIL (60,000 lbs; usq/lb) Close Previous High/Low Oct09 34.09 34.16 34.39 33.37 Dec
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      • 74 30 Sep 24§ USS/barrel (FOB origin) Close Change Brent blend (1-Mth F) WTI (Near Mth) Dubai (1-Mth F) Tapis blend Minas 65.43 -2.49 66.00 -2.58 67.02 -2.57 72.50 -1.85 68.80 -3.40 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 64.50 -2.10 74.55 -2.95 USS/barrel Opec Oil Basket Price 65.12
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      • 66 30 Sep 25| 'US! K Sei 25 Sei 24 Hong Kong 995.*****8.20 996.70 Sep 24 Sep 23 London 999.*****7.50 999.*****8.50 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 23.14 22.91 Source: UOB PLATINUM Lon (US$/oz) Sep 24 Close Previous PM Fix 1325.*****5.00 AM Fix 1318.*****3.00 Source: Thomson Reuters PLATINUM
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      • 58 30 Sep2s\ lelivery 4onth Opening Range Sett Price Av Price Low Vol Done Open Position Hi) DctO9 2174 \lov09 2124 3ecO9 2109 Ian 10 2104 2235 2235 2172 2201 2201 2121 2186 2187 2106 2177 2183 2104 699 1940 2205 ***** 7083 ***** 1012 9019 rotal o/p: ***** contracts
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      • 68 30 Sep 24\ kluminium, mrity (US$/1 "onne* Close Previous Cash 3 months 1805.50 1839.00 1839.50 1873.00 Copper, Grade A :us$; "onne) Cash 3 months Lead (US$; 5944.25 5960.00 6108.25 6128.00 "onne* Cash 3 months 2144.25 2171.00 2212.50 2240.00 :ash 1 months 'in (US$/Lonne' *****.00 *****.00 *****.01 *****.01 :ash months
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  • PERSPECTIVE
    • 983 31  -  Ang Swee Hoon The bigger and more favourable a brand is in a customer's mind, the more likely it is to have a larger share of the customer's heart and wallet. By THE most expensive real estate is not in Tokyo, Geneva or New York. To companies, the
      983 words
    • 753 31 Reuters NO longer just a hopeless cause for anti-capitalist activists, the idea of a global tax on financial transactions is gaining ground in Europe. European Union leaders could not agree to put it on the agenda of this week's G-20 summit on reforming the
      Reuters; AFP  -  753 words

  • Wealth
    • WEALTH INVESTING
      • 1163 32  -  Genevieve Cua Emerging market funds are in for a re-rating that is set to play out over the next two to three years. By E MERGING MARKET debt has endured a roller-coaster ride, but Pictet's head of emerging market debt Simon Lue-Fong believes there are yet more
        STOCKXCHANGE; ARTHUR LEE  -  1,163 words
      • 788 32  -  Jamie Lee Singapore banks Buy Citi Investment Research, Sept 24 Singapore banks among the best in Asia: We highlight our 24 Sept Asian banks report, Expected Capital Regulations and Impact, by Hironari Nozaki and Simon Ho, addressing the topical issue of G-20 plans to tighten bank regulations, applying
        788 words
      • 1334 33  -  Lim Meng Tat WEALTH INSIGHTS This process will ensure that portfolios continue to best match long-term financial goals Director Russel Investments RAMATlCvolatility in the equity markets across H the globe has caused some peopie to question whether adhering to their strategic portfolios and rebalancing
        PHOTODISC  -  1,334 words
      • 994 34 NYT At some point, a host of fundamental problems will pull stocks back down to earth, but many can't say when New York THE US stock market has been soaring. It may have gone too far, too fast. Gina Martin Adams, an equity strategist
        NYT; REUTERS  -  994 words
      • 1179 35  -  Teh Hooi Ling SHOW ME THE MONEY If markets turn nasty or interest rates spike up, things could get precarious hooiling@sph.com.sg Senior correspondent OW fast can a company reasonably expect to grow annually? Say, 20 to 30 per cent? Or perhaps 50 per cent? Well,
        (BT  -  1,179 words
    • WEALTH REAL ESTATE
      • 599 37  -  Arthur Sim SCDA, Look and WOHA put nation on par with the Netherlands, Italy and Canada at International Architecture Awards 2009. By IN ROBERT Powell's book, Singapore Houses, the author says: "Architects in Singapore are producing work with a level of refinement and sophistication
        599 words
      • 541 37 SALES at City Developments Ltd's (CDL) Hundred Trees condo in the West Coast area crossed the 200-unit mark by 6pm yesterday. As at that time, CDL had released 280 of the total 396 units in the 956-year leasehold condo, the developer said
        541 words




  • Page 36 Advertisements
    • 887 36 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 Pavilion 11 Apt 07/09/2009 FH 1485 1950 1313 NON-LANDED Suffolk Premier Apt 07/09/2009 FH 1001 1060 1059 Marinaßayßesidences Apt 04/09/2009 99 1066
      887 words


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    • 226 38 g j"] Far East Organization 111 111 Hill Villi INSPIRING BETTER LIVES 1111 111 ***** I 8"*****l"*****V I The only developer in the world to win five FIABCI Prix d'Excellence awards the highest honour in international real estate Visit our sales gallery at Amber Road roundabout Open daily from 10am
      226 words

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    • 81 39 Silversea ,[l| A new horizon is yours If r1 Rising from Singapore's fanned East Coast, Silversea is your invitation to feel the allure of the sea. Awake to stunning panoramic views, be at one with the silvery horizon whenever your heart desires. With the planned Eastern Region MRT Line to
      81 words

  • Page 40 Miscellaneous
    • 36 40 F1 FASHION Fast cars, racing stars, hot parties the perfect platform for international fashion designers to display their wares to the beautiful people who are here for the Singapore Grand Prix L 2-3 PHOTO: ROHIT BAL
      36 words

  • BT Living
    • SHOPPING
      • 1987 41  -  Melissa Lwee The Grand Prix season this year has gone beyond racing stars and glamorous parties. It now includes a whole host of fashion designers who have made their way to our sunny island to show their stuff to the well-heeled clientele that comes hand-in-hand with the
        1,987 words
      • Article, Illustration
        400 42  -  Melissa Lwee Victory bubbly Featuring a carbon-fi-bre look and G.H.Mumm's unmistakable red sash running through the length of the canister, each Fl Victory Box houses a bottle of Cordon Rouge. Only 960 of these gift packs will be available exclusively at the DFS stores in Singapore Changi International
        ARTHUR LEE  -  400 words
    • GADGETS
      • Article, Illustration
        934 43 How many things does your MP3 player do? Does it allow you to view your camera's pictures, or does it even double up as a camera? But how much is too much? By Christopher Lim JACK-of-all-trades gadgets are threatening to take over the world. The tendency to make one
        934 words
    • CEOS' HAWKER GUIDE
      • 1505 44  -  Audrey Phoon PHOTOS: BY AND BY JUST as pasta is a dish that many Italians cannot go without, so our local version fishball noodles and minced meat noodles, served "dry" or in soup is a Singaporean staple. And judging by CEOs' votes, the best places to get these
        CHIA KENG AND TAI HWA; YEN MENG JIIN;; AH LIM; SOON WAH; AUDREY PHOON  -  1,505 words
      • 643 44  -  Audrey Phoon Stefanie Yuen Thio Managing director, TSMP Law Corporation By SOME, as they say, like it hot. But in the case of Stefanie Yuen Thio, "hot" is a gross understatement of her preference for searingly, tongue-numbingly spicy food. For an indication of the kind of
        YEN MENG JIIN  -  643 words
    • DINING
      • 1597 45  -  Geoffrey Eu destination dining Chicago has some of the most exciting food options in the US, and is making a name for itself with its interpretation of progressive or avant garde cuisine. By AS a dining destination, Chicago is relatively untapped by visitors from this part of
        COURTESY OF L2O; LARA KASTNER, COURTESY OF ALINEA  -  1,597 words
      • Article, Illustration
        594 45 Kizushi 2-7-13 Nihonbashi Ningyo-cho Chuo-ku, Tokyo S 03-3666-1682 TWO Japanese chefs start chatting in Tokyo. One says, "Hey, why don't you come down to Singapore for a few days since it's a market holiday in Japan and everything's closed?" The other says, "Hmm, that's not a bad
        594 words
    • HOME & GARDEN
      • 1224 46  -  Corinne Kerk personal space Not one to go for cookie-cutter modern furniture, hotel industry veteran Yeoh Fay-Linn loves pieces that have a history. And practically every item in her apartment has a tale to tell. By SOME people think it must be wonderful living in a hotel:
        YEN MENG JIIN  -  1,224 words
    • TRAVEL
      • 902 47  -  Jaime Ec Italy's largest lake is an ideal place for a driving holiday, with plenty of charming little towns to stop by and explore. By WHAT is the ultimate driving experience? Depending on your definition of pleasure, it could be one of many. There's the g-force
        GOH HWEE LENG  -  902 words
      • 818 47  -  Jaime Ec GETTING a ride with a professional race car driver is something not many people get to do. Getting a ride with an Fl driver is possibly even less likely, unless you happen to be tall, voluptuous and the girlfriend of one. If
        818 words
    • HEALTH
      • 736 48  -  Cheah Ui-Hoon Vast advances in oncology treatment in the last few years are changing patient-doctor communication. Patient advocacy groups are also coming to the forefront in providing information and raising awareness. By IF YOU were a cancer patient, how much would you want to know about
        736 words
      • 754 48  -  Cheah Ui-Hoon PATIENTS have a right to be involved in their treatments and to have up-to-date information about it as well, says Jola Gore-Booth, who founded europacolon, the first pan-European not-for-profit patient advocacy group dedicated to colorectal cancer. "The need to be properly informed is
        754 words
    • GOLF
      • 1443 49  -  1 Justine Moss Legendary F1 driver Jackie Stewart is no slouch on the links and boasts al6 handicap. By I HE legendary three-time Formula H^^^l One world driver's champion Sir Jackie Stewart has proven that he was a genius behind the wheel on some of the
        ROYAL BANK OF SCOTLAND  -  1,443 words
    • SPORT
      • 1009 50 kick off with John dykes OF ALL the comments made in the wake of Michael Owen's stunning last-gasp winner for United in the Manchester derby last weekend, one stands out most vividly in my memory. The final whistle had just gone, City manager
        AP  -  1,009 words
    • MOTORING
      • 682 51  -  Samuel Ec WITH GOOD BALANCE, LIGHT WEIGHT, AND A CREAMY V 8 BURBLING WITH 460 HORSES, THE CALIFORNIA IS LETHAL For a Ferrari, the California is surprisingly easy to drive with its light steering and lighter pedals. By ON ANY other car, it would sound ludicrous but on
        YEN MENG JIIN  -  682 words
      • 797 52  -  Samuel Ec driwng style Wolfgang Huppenbauer, Daimler South-east Asia CEO, is passionate about AMG Mercedes-Benz's high performance division. By NOFFICIALLY, Wolfgang Huppenbauer should be rooting for three teams at tomorrow's Singapore Grand Prix but officially, the Mercedes-Benz boss says with tongue firmly in cheek he will
        ARTHUR LEE  -  797 words
      • 558 53  -  Samuel Ec fl watch A heavy shower could certainly throw a spanner into the works for tomorrow's night race. By SO YOU think a race-fixing scandal has hardly tainted the Singapore Grand Prix. In that case, you must be a fan of professional wrestling and/or a
        FILE PHOTO; AFP  -  558 words







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    • 943 48 Wine<Sdllie with BTWeekend Chatterbox You Can't Get Any Closer To The Race Level 39, Orchard Wing Conrad Centennial Singapore 21 to 27 September Coleman's Cafe Meritus Mandarin Singapore Two Temasek Boulevard 6826-8240 Peninsula Excelsior Hotel 333 Orchard Road 6831-6291/88 a 6432-7481 Rev up an appetite with culinary highlights 5 Coleman
      943 words


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    • 73 50 Cultures. Voices. Visions. Enjoy a relaxing evening with us! Savour an array of Local and Asian cuisines and pick up an interesting craft piece from Singapore and c_around the region, Ft*s s Pore t> Singapore River Promenade J 9j>L_='a&^ Ta^iaine 2b 2/ Sep: 6pm 12 midnight For more information, visit:
      73 words