The Business Times, 15 June 2010

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Total Pages: 36
1 36 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Tuesday, June 15,2010
    23 words
  • 522 1  -  Hotel attracts interest, could fetch more than $200m By EMILYN YAP [SINGAPORE] Ibis Singapore on Bencoolen, a three-star hotel that opened its doors in February last year, has been put up for sale via a private tender. Results of the tender will
    ST FILE PHOTO  -  522 words
  • 1053 1  -  Dual listing in Hong Kong and Shanghai could raise US$23b and revive interest in muted IPO market By LYNETTE KHOO [SINGAPORE] The Agricultural Bank of China plans to defy nervous market conditions by listing its shares in what is set to be
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  • 140 1 ?ST INDEX 2,818.07 (+21.78) ?ST INDEX FUTURES 2,818 (+21) ?SIMSCI 332.70 (+3.08) ?SIMSCI FUTURES 333.90 (+3.10) FOREX US$ S$ US$ (S$ per US$) 1.400 (US$/S$ per 1.465 2.050 EURO (US$/S$/E) 1.217 1.703 Foreign currency per US$ S$ YEN 91.90 65.60 RM 3.267 2.334 HK$ 7.794 5.568 BAHT 32.44
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  • Page 1 Advertisements
    • 140 1 ACQUISITION RHP gets nod to buy over oilfield PAGE 8 SPECIAL FEATURE Infocomm Media Business Exchange 2010 PAGES 16, 18 PROPERTY URA to put hotel site up for tender soon PAGE 35 OPINION Silver lining in global economic cloud PAGE 25 Depuis 1775 V «5 31 «z -.3 <9 o-.
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  • TOP STORIES
    • 747 2 China’s AgBank plans to launch biggest IPO ever THE Agricultural Bank of China plans to defy nervous market conditions by listing its shares in what is set to be the world’s largest initial public offer to date. China’s only remaining unlisted megabank is seeking to raise up to
      747 words
    • 605 2  -  Lack of standardisation of contracts one major issue facing industry Reports by CONRAD TAN [SINGAPORE] Top central bankers from Bahrain and the United Arab Emirates (UAE) yesterday said there was an urgent need to address problems in Islamic banking and finance, such as
      BLOOMBERG  -  605 words
    • 395 2 Companies, govts seeking to diversify funding: IB Asia [SINGAPORE] More Islamic bond or sukuk sales are expected in Asia in the coming months as companies and governments seek to diversify their sources of funding, a senior banker at Singapore’s Islamic Bank of Asia (IB
      395 words
    • 550 2  -  Move would make sense from a national security perspective: Thai PM By LEE U-WEN [SINGAPORE] Thailand is planning to make an offer to purchase Temasek Holdings’ stake in satellite monopoly Thaicom, a move that would make sense from a “national security perspective”,
      BLOOMBERG  -  550 words
    • 519 4  -  Keppel Integrated Engineering names deputy CEO and executive director By KALPANA RASHIWALA [SINGAPORE] Three statutory boards under the Ministry of National Development (MND) are set for a shuffle at the top. Urban Redevelopment Authority, Housing Development Board and National Parks Board will get
      519 words
    • 935 4  -  By ANNA TEO [SINGAPORE] There’s a need to rethink financial reporting particularly to make financial reports less complex, more transparent and easier to understand says the chairman of KPMG International, Timothy Flynn. Speaking to BT during a visit here last week, he said: “There needs
      ARTHUR LEE  -  935 words
    • 433 4 Reuters [KUALA LUMPUR] Malaysia’s Sime Darby appointed Mohamad Bakke Salleh as its new chief executive after mounting losses at its energy division led to its first quarterly loss and the removal of its CEO last month. Mr Bakke, who has been linked closely
      Reuters  -  433 words
    • 823 4 Bloomberg [NEW YORK] American International Group Inc’s US government rescue spared European banks from raising as much as US$16 billion in capital during the depths of the global financial crisis, according to a Congressional panel. ABN Amro Holding NV and Danske
      Bloomberg  -  823 words
  • Page 2 Advertisements
    • 397 2 UBS Equity Fund Management Company S.A. Registered Office: 33A avenue J.F. Kennedy, B.P. 91, L-2010 Luxembourg Registre de commerce: Luxembourg B 31.834 TVA Identification number: LU 218 429 23 Phone number: *****0 6672 Fax number: *****0 6249 Notice to the unitholders of UBS (Lux) Equity Fund Asian Consumption UBS (Lux)
      397 words

  • Page 3 Advertisements
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  • Page 4 Advertisements
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  • COMPANY NEWS
    • 569 5  -  Company says it will appoint professional third party to review internal procedures By FELDA CHAY E3 Holdings’s executive director and chief financial officer Sieh Li Huan has resigned following a reprimand on the company by the Singapore Exchange (SGX) last week for
      569 words
    • 581 5  -  HCL will manage data, comms for new trading system By AMIT ROY CHOUDHURY, CHAN YUPING AS PART of its move to introduce the world’s fastest trading system by the first quarter of next year, the Singapore Exchange (SGX) yesterday signed
      581 words
    • 257 5  -  By WINSTON CHAI THE company responsible for building Singapore’s new fibre-op-tic broadband highway has come out to defend itself against StarHub’s allegations of an information lockdown by asking the operator to look in its own backyard. OpenNet said in a statement yesterday that it
      257 words
    • 522 8  -  It is taking over Temasek unit Orchard Energy’s Sumatra concession By RONNIE LIM AFTER a six-month wait, Singapore-listed oil and gas newbie RH Petrogas (RHP) finally got the Indonesian nod last week to buy over Orchard Energy’s sole oilfield concession in Sumatra, and
      522 words
    • 626 8 Hunt is on for portfolio of assets or key stake in a firm Bloomberg [NEW YORK] Genting Malaysia Bhd, the casino owner that parlayed a single hilltop site near Kuala Lumpur into gambling resorts in Singapore, the Philippines and the UK, is now looking for
      Bloomberg  -  626 words
    • 402 9  -  But European debt woes still weighing heavily on equity market sentiment By JAMIE LEE HENDERSON Global Investors prefers equities to bonds, as yields could be affected by stirring inflationary pressure over the next few years, a senior fund manager said yesterday. But head of equities
      402 words
    • 374 9  -  By MICHELLE QUAH BUSINESS news television channel CNBC Asia has begun broadcasting from the heart of the financial district inside the Singapore Exchange (SGX). CNBC Asia has moved its primary studio to the second floor of SGX Centre 1 in Shenton Way, from International
      374 words
    • 415 9 Prices may rise as much as 42% over the next 12 months Bloomberg INVESTORS buying emerg-ing-market stocks at current valuations may reap gains of as much as 42 per cent over the next 12 months, according to Deutsche Bank AG, citing historical
      Bloomberg; AP  -  415 words
    • COMPANY BRIEFS
      • 84 9 CELESTIAL Nutrifoods has been granted an extension to Sept 15 by the Singapore Exchange to submit a trading resumption proposal. The company had on May 17 applied to SGX for an extension of three months from the earlier deadline of June 12.
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      • 59 9 CHINA Flexible Packaging Holdings said net profit increased by 88.9 per cent to RMB13.8 million in the second quarter ended 30 April 2010. The increase was due to the rise in sales and gross profit margin for the period. The group’s
        59 words
      • 90 9 MOYA Dayen Ltd has signed a US$13.38 million contract with Phnom Penh Water Supply Authority for the construction of a water project. This involves the supply, delivery and construction of an intake tower around 25 m high at in the Mekong River, a raw
        90 words
      • 80 9 EMS Energy has announced that its subsidiary Oilfield Services Supplies Pte Ltd (OSSPL) has established Tianhe Oil (Singapore) Pte Ltd (TOSPL) with Tianhe Oil Group Co Ltd. OSSPL has a 20 per cent equity stake in TOSPL, with the remaining 80 per
        80 words
      • 76 9 NOBLE Group has invested in its first project in the oil palm sector, acquiring a 51 per cent stake in PT Henrison Inti Persada. The company intends to develop about 32,500 ha of land for palm oil production in Sorong Regency, West
        76 words
  • Page 5 Advertisements
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  • SINGAPORE MARKETS
    • 612 6  -  One broker warns that technical analysis shows the short-term uptrend has been losing momentum STOCKS R SIVANITHY Senior Correspondent MOST observers expected the start of the soccer World Cup in South Africa to have some impact on daily activity. However, it’d be fair to say
      Source: Bloomberg  -  612 words
    • 4 6 DAILY
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    • 66 6 Jun 14 VALUE CLOSE BT OB/OS 347.00 +117.0 BT CADI -*****.00 +190.0 BT 10-day MA -*****.00 +35.00 FTSE ST Mid Cap 681.22 +6.95 FTSE ST Small Cap 516.89 +7.41 FTSE ST All Share 694.15 +5.90 FTSE ST China Top 255.42 +3.00 FTSE ST China 286.15 -0.83 FTSE
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    • 186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 3 3 0 0 0 8 3 3 Manufacturing 72 23 58 8 2 8 80 25 66 Commerce 25 11 11 6 1 3 31 12 14 Tpt/Stor/Comms 23 4 11
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    • BROKERS’ TAKE
      • 339 6 June 14 close: $1.06 CIMB, June 14 WEIGHED down by policies; switch to Wing Tai: We see risks of active government oversight outweighing attractive valuations at this juncture. Record land releases in Singapore’s H2 FY2010 Government Land Sales (GLS) programme could affect the pricing and timing of its
        Source: Bloomberg  -  339 words
      • 300 6 Parkway June 14 close: $1.36 DMG PARTNERS SECURITIES, June 14 EXPANDS presence with six nursing homes and care facility properties: PLife Reit bought six new nursing home and care facility properties in Japan, for a total of 3.9 billion yen (S$60.5 million). The acquisition is yield accretive,
        300 words
      • 309 6  -  June 14 close: $3.03 DBS GROUP RESEARCH, June 11 Compiled by LYNETTE KHOO UPGRADE to “buy”, shares oversold: Hyflux corrected 20 per cent month-on-month versus only 4 per cent decline in the broader STI. We attribute price weakness to the intermittent lack of clarity on the progress of its
        309 words
    • 119 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 17,359 17,359 73,612 73,612 Manufacturing 152,602 14,067 166,669 126,902 440 127,343 Commerce 65,633 11,099 76,732 59,123 3,731 62,854 Tpt/Stor/Comms 73,434 34 73,468 109,233 5 109,238 Finance 12,322 20 12,342 116,824 2 116,826 Construction 9,544 17,340
      119 words
    • 109 6 Stock name Close Change CapMallsAsia 2.130 +0.030 CapitaLand 3.730 +0.100 CapitaMall 1.860 CityDev 10.900 +0.080 ComfortDelGro 1.430 DBS Grp 13.740 +0.140 F&N 5.000 +0.090 Genting SP 1.060 +0.020 Golden Agri 0.530 +0.025 HK Land 5.080 -0.070 JMH 36.780 +0.640 JSH 21.040 -0.160 Jardine C&C 29.300 +0.280
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    • 479 6 CURRENCIES Reuters [NEW YORK] The euro rose broadly yesterday as gains in global stock markets lifted risk appetite and prompted traders to pare back bets against the single eurozone currency. The euro moved further away from a recent four-year low to trade
      Reuters; REUTERS  -  479 words
    • 54 6 VOLUME Golden Agri 75,097,000 Genting SP 20,150,000 Sapphire 17,340,000 Oceanus 15,221,000 CapitaLand 13,901,000 Healthway 12,328,000 Swiber 12,129,000 Noble Grp 11,499,000 Sunningdale 10,356,000 BerlianLaju 10,206,000 VALUE($) Keppel Corp 58,697,320 CapitaLand 51,475,490 UOB 48,879,264 DBS Grp 39,400,560 Golden Agri 38,866,235 SingTel 29,851,940 SembMar 25,351,371 SIA 22,336,810 Genting SP 21,203,300
      54 words
    • 112 6 BY CENTS CLOSE UP GLD 10US$ ***** 149.8 0.9 DBXT Nifty 10US$ ***** 135.8 0.9 JMH 3678 89.6 1.8 DBXT FTChina25 10US$ 2888 64.4 1.6 Lyxor China H 10US$ 1485 56.0 2.8 Lyxor India Nifty 10 1556 55.0 3.7 Lyxor LatinAmerica 1 779 44.8 4.3 DBXT MSINDO 10us$ 1131
      112 words
    • 119 6 BY CENTS CLOSE DOWN DBXT S&P Short 10US$ 5340 -84.0 -1.1 OUE 1600 -30.0 -1.8 JSH 2104 -22.4 -0.8 OCC 3.93% NCPS10 8780 -20.0 -0.2 DairyFarm 690 -15.4 -1.6 FujianZY 21.5 -11.5 -34.8 STI 3000BNPePW*****9 45 -10.5 -18.9 HK Land 508 -9.8 -1.4 Parkway Hldgs 377 -8.0 -2.1 Lyxor
      119 words
    • 87 6 Where S$ stands Jun 14 CHNG YR 2010 CLOSE FR Jun 11 S$ LOW S$ HIGH US$ 1.3958 0.61 1.4219 1.3680 Euro 1.7071 -0.30 2.0153 1.6886 Pounds 2.0520 0.40 2.2831 2.0003 A$ 1.1978 -0.80 1.2960 1.1515 Yen* 1.5187 0.97 1.5927 1.4467 Rupiah* 0.***** 0.22 0.***** 0.***** Baht* 4.3072 0.39
      87 words

  • Page 7 Advertisements
    • 21 7 We listen. And we understand that no two stories are alike. PRUDEISTTIAL1% 1800 333 0 333 www.prudential.com.sg Always listening. Always understanding.
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  • Page 8 Advertisements
    • 189 8 Looking for a Payroll Partner who... w?, is W). Understands your needs concerns Provides dedicated holistic support Gives you peace of mind Is technically competent At PayrollServe, we manage the Payroll outsourcing HR administration of hundreds of MNCs and SMEs in Asia. We also provide user-friendly payroll systems PayDay! and
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  • Page 9 Advertisements
    • 220 9 Managing risk brings peace of mind. BOB TAKAJ GM, Global Commodities, Sumitomo Corporation sss* 2* W6« e**5 2© K I-:; .-1 'M* <* Ml 3 t£* S® KVr£ /r SHE M ?5«2 *?ic rfe >• <53 81 SM fcl rut t <+.. W*M z <^r SKgilw®®! -rv. *£&3*> -X ">=-
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  • SINGAPORE NEWS
    • SINGAPORE ROUNDUP
      • 118 10 HOI Hup Realty has bought the freehold Pender Court en bloc for $95 million. Owners of the 48-unit development stand to receive an average of $1.98 million each. The developer will be able to build a project with a total gross floor area
        118 words
      • 54 10 SINGAPORE Press Holdings Magazines has appointed Maureen Wee managing director of its lifestyle division. She will replace Allen Loh from June 22. Ms Wee was previously SPH’s advertisement sales director. She will be in charge of the fashion and beauty portfolio and men’s
        54 words
      • 73 10 SCHRODERS re-launched its Schroder Multi-Asset Revolution fund yesterday. The only multi-asset fund under the CPF Investment Scheme (CPFIS), it is available for subscription through CPFIS Ordinary and Special accounts. The fund gives investors greater access to assets beyond traditional classes such as commodities and property through
        73 words
    • 477 10  -  Strong Sing$ pushes it up 5 rungs to become 67th priciest city to live in By FELDA CHAY A STRONGER currency has pushed Singapore to the 67th most expensive city to live in, five places higher than its 72nd position last year,
      477 words
    • 413 10  -  ‘Suffering employee’ costs US$28,800 a year: Gallup study By TEH SHI NING IT makes business sense for organisations to consciously and consistently ensure their employees “thrive”, but many are not doing as much as they could, Gallup researchers say. Gallup
      413 words
    • 271 10 THE CEO of Courts, Terry O’Connor, has been conferred the award of Officer of the Most Excellent Order of the British Empire (OBE) by Her Majesty The Queen in recognition of his contribution in promoting UK business interests both in Singapore and beyond and in his
      CHEW SENG KIM/THE STRAITS TIMES  -  271 words
    • 463 10  -  By RAJU CHELLAM SINGAPORE’S new e-Go-vernment Masterplan will use emerging technologies such as cloud computing, business analytics and social media to carve out new business models for greater collaboration between the government, businesses and citizens. The aim of the new masterplan which will run from
      463 words
    • 418 10  -  Asia’s recovery has not depended on G-3 countries: DBS By TEH SHI NING EVEN with a weaker Europe, Asia’s growth will accelerate over the next few years, said DBS managing director of currency and economic research David Carbon. Structural changes and capital
      418 words
    • 197 10 MAYBANK Singapore yesterday launched a new reward programme for customers who make GIRO payments through the bank. “Pocket Me GIRO” is one of a series of initiatives Maybank has been rolling out to celebrate its 50th anniversary this year. “Pocket Me GIRO” rewards will be linked
      197 words
    • 384 10  -  By EILEEN TAY SIZE seems to matter when it comes to performance of companies in the financial sector, according to a recent survey released by SimCorp StrategyLab. Larger companies are featuring the greatest growth figures amid the strong signs of recovery in the
      384 words

  • SINGAPORE ARTS FESTIVAL
    • 563 11  -  Joshua Bell leads Academy through favourites, reports CHRISTOPHER LIM CHRISTOPHER LIM A STAR violinist and an equally famous ensemble working their way through a list of crowd favourites may seem like a bit of a cop out to those hoping to see them flexing some serious
      SONY  -  563 words
    • 746 11  -  Artists Group wants regulation not censorship in a new paper seeking public support before being submitted to the authorities. DYLAN TAN reports DYLAN TAN LESS than 24 hours after the Singapore Arts Festival 2010 closed, members of the local arts community held the stage
      746 words
  • Page 11 Advertisements
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      112 words

  • SME Inc
    • 1145 12  -  SMEs can still reap the benefits of synergy and scale by working together in a loose collaboration, reports JASLENE PANG JASLENE PANG WITH the government dishing out tax allowances for mergers and acquisitions (M&A) in the recent Budget, some small and medium enterprises
      1,145 words
    • 419 12  -  By TEH HOOI LING OUR small cap portfolio advanced by 2.5 per cent compared with a week ago, outpacing the Straits Times Index (STI), as well as the FTSE ST Small and Mid Cap Indices. The three indices edged up by 1.9 per
      419 words
    • 1138 13  -  ClickTRUE sees so much potential in the pay-per-click business that it wants to expand into Indonesia and M’sia, reports FELDA CHAY FELDA CHAY EVEN when the Internet craze became a worldwide phenomenon, few would have thought that one day they could earn their keep through
      JOHN HENG  -  1,138 words
    • 830 14  -  As gross margin is a key indicator of business success, right steps should be taken to maximise the business’s potential By MARK BILLINGTON The writer is regional director, South-east Asia, of the Institute of Chartered Accountants in England and Wales THE gross margin is a universally recognised
      830 words
    • 447 14  -  PRO ENTERPRISE CHANGE By JASLENE PANG AFTER working for 60 days, Malaysian confinement nannies had to leave Singapore for at least a month before re-entering the country, causing inconvenience to those in the industry. But thanks to a suggestion made to the Pro-Enter-prise Panel
      447 words
    • 313 14 ROUGHLY 30 per cent of SMEs here need additional liquidity because of their high exposure to inventory and delayed receipts from customers, according to business advisory firm Vector Scorecard Asia-Pac. The estimate is based on its observations and dealings with SMEs here, including micro-enterprises
      313 words
    • 604 14 THIS WEEK’S TOPIC As the world celebrates the kick off of the 2010 World Cup in South Africa this week, which teams do you think will reach the quarter-finals? Cheryl Tong Managing Director Pursuit Pte Ltd BASED on current form, the two most outstanding teams are
      REUTERS  -  604 words
  • Page 12 Advertisements
    • 36 12 CONGRATULATIONS to the Graduating Class of 2010 -Big- THE UNIVERSITY OF w CHICAGO Master of Science in Financial Mathematics The University of Chicago 101 Penang Road Singapore *****6 Tel: (65) 6238 2109 Tel: (65) 6238 2103
      36 words

  • Page 13 Advertisements
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      111 words

  • Page 14 Advertisements
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    • 101 14 Voices Next week’s topic: Are you concerned that the ongoing World Cup may have an impact on productivity in the coming weeks? If so, what is your company doing to combat that effect? If not, what has given rise to that confidence? If you are an SME owner or leader,
      101 words

  • Page 15 Advertisements
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  • IMBX 2010
    • 1008 16  -  Some US$3.5b worth of deals are up for grabs at the annual Infocomm Media Business Exchange, reports WINSTON CHAI WINSTON CHAI AS Singapore shakes off the doom and gloom from last year’s recession, Asia’s largest infocomm trade show has set its sights on staging a
      FILE PHOTO  -  1,008 words
    • 775 16  -  By ALOYSIUS CHOONG The writer is a research manager with IDC Asia-Pacific DURING the browser wars of the 1990s, Microsoft’s Internet Explorer battered Netscape Navigator into submission. Then, with its foe vanquished, the Redmond giant surveyed the spoils of war and wondered: Why did we do this
      BLOOMBERG  -  775 words
    • 966 16  -  By SYLVAIN FABRE The writer is a research director with Gartner’s carrier network infrastructure group LONG Term Evolution (LTE) mobile technology may be in its infancy, but we are already seeing the formation of small scale commercial networks and plenty of contract announcements
      966 words
    • 788 18  -  The Next Generation Nationwide Broadband Network will open up limitless possibilities for all sectors of the economy. By RONNIE TAY By RONNIE TAY The writer is chief executive officer of the Infocomm Development Authority of Singapore INFOCOMM technology is integral to Singapore’s development strategy as it
      BLOOMBERG  -  788 words
    • 554 18  -  By CHRISTOPHER CHIA The writer is chief executive officer of the Media Development Authority THE commercial success of Avatar has popularised 3D films and animation worldwide, with movies such as Alice in Wonderland and How to Train Your Dragon thrilling audiences in the wake
      FILE PHOTO  -  554 words

  • Page 17 Advertisements
    • 264 17 y > f f MiE'eElTiIMB r i 15-17 JUNE 2010 10:30am-6pm 10 JUNE 2010 10:30am-4pm SINGAPORE EXPO EVENT HIGHLIGHTS: Exhibition Witness over 235 product launches from more than 2000 exhibitors around the world Join leading companies such as Amdocs, Ceragon Networks, Dialogic, Emerson Network Power, Harmonic, Huawei, NTT Docomo, Yahoo!
      264 words

  • Page 18 Advertisements
    • 205 18 (zufe^uriK st Plus (II, <1 111 JLr'UJJiUU.TJJJ TJ -J soft>:<pand xpress Easier maintenance for IT support personnel Save energy/power Green IT Strategy The Ultimate Green IT Solution O m Gm You0^ NEWS S. ENTERTAINMENT MUSIC PODCAST PHOTO VIEWINGS SOCIAL NETWORK GAMES WEATHER VIDEOS SPORTS AUCTIONS S. CLASSIFIEDS ALARM MESSAGING FM
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  • ECONOMY WATCH
    • 789 19 But Democratic allies are cautious about additional spending while Republicans call it fiscal recklessness Reuters [WASHINGTON] President Barack Obama and his aides are stepping up a push for further government spending to boost the US economy as signs grow of the recovery’s fragility.
      Reuters  -  789 words
    • 620 19 EUROPE DEBT WOES AFP [ATHENS] Auditors from the European Union (EU) and the International Monetary Fund (IMF) trawled through the Greek budget yesterday to assess the progress of draconian spending cuts which the government says are ahead of targets. The IMF, EU and
      AFP  -  620 words
    • 756 19 He fears country’s loan servicing costs may grow to intolerable levels Reuters [WELLINGTON] New Zealand’s central bank chief warned yesterday that the country needed to cut its high debt or face punishment by markets with higher lending rates and the risk that
      Reuters  -  756 words
    • 682 19 BIS report likely to bolster push for detailed holdings NYT [FRANKFURT] French and German banks have lent nearly US$1 trillion to the most troubled European countries and are more exposed to the debt crisis than the banks of any other nations, according to a
      NYT  -  682 words
    • 312 19 Reuters [LONDON] The strength of the euro masked underlying fiscal problems within the eurozone, the president of the European Union, Herman Van Rompuy said in an interview published yesterday. “The euro became a strong currency with very small interest rate spreads (on government
      Reuters  -  312 words

  • MALAYSIA/INDONESIA
    • 595 20  -  Analysts laud its comprehensive details while noting execution is key By S JAYASANKARAN THE market remained indifferent to Prime Minister Najib Razak’s announcement of the 10th Malaysia Plan (2011-2015) on Thursday it basically traded flat but analysts seemed cautiously optimistic. Essentially, the plan aims
      595 words
    • 345 20 Reuters [JAKARTA] PT Bakrie Brothers, the holding company for Indonesia’s Bakrie family, said yesterday it plans to spin off its infrastructure unit with assets of US$3 billion, in an initial public offering (IPO) by early 2011. Investors have piled into Indonesian bonds and
      Reuters  -  345 words
    • 375 20 Reuters [JAKARTA] Indonesia’s government is likely to raise electricity prices by an average of 10 per cent from July 1, the mines and energy minister said yesterday, a move that analysts say will add to inflationary pressure. The size of the
      Reuters; BLOOMBERG  -  375 words
    • 236 20 Reuters [JAKARTA] The Indonesian government is considering tax benefits to encourage investment in certain industries and plans to review existing fiscal incentives, the chief economics minister said yesterday. While portfolio and strategic investors are increasingly turning to South-east Asia’s biggest economy encouraged by
      Reuters  -  236 words
  • Page 20 Advertisements
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    • 434 20 NOTICES IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF SING THAI-PORE PTE LTD Registration No. *****1469Z (Incorporated in the Republic of Singapore) (MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that the Final General Meeting
      434 words
    • 20 20 a tti Lianhe Zaobao How much ofapayrise is reasonable ""striking Chinese workers? To subscribe, call 6388-3838 or go to sphsubscription.com.sg
      20 words

  • GREATER CHINA/INDIA
    • 525 21 Robust industrial rebound, domestic demand may push up bank rates AP Reuters [MUMBAI] India’s headline inflation accelerated faster than expected to 10.2 per cent in May over last year, as inflation spread from food and fuel to core manufacturing prices, government data showed
      AP; Reuters; BLOOMBERG  -  525 words
    • 491 21 Reuters [BEIJING] China’s Foreign Ministry yesterday hit back at fresh calls by the United States for Beijing to let the yuan currency rise in value, saying the exchange rate was not to blame for the US trade deficit with China. Foreign
      Reuters; REUTERS  -  491 words
    • 677 21 Foreign stars wearing local products set to boost brands AP [BEIJING] The newest sponsor of women’s tennis is a half-billion dollar sporting goods maker that virtually no one outside of China has ever heard of. Peak, which announces its five-year deal with
      AP  -  677 words
    • 520 21 Minister says deficit could be cut to 4.5% of GDP by next year Reuters [NEW DELHI] India may be able to cut its fiscal deficit to 4.5 per cent of GDP by March 2011 due to revenues from 3G auctions and robust
      Reuters  -  520 words
    • 749 21 Reuters [TIANJIN] Stepped-up approvals of domestic stock listing applications in Tianjin could sweeten the attraction of the Chinese port city for private equity and venture capital firms, a vice mayor at the centre of China’s private equity boom told Reuters. Private equity firms in
      Reuters  -  749 words

  • ASIA-PACIFIC/WORLD
    • 746 22 Fed official says rebound can survive even a bursting of China asset bubble Reuters [TOKYO] A strong global economic recovery is under way, and is unlikely to be thrown off course by European debt woes or the improbable event of the bursting of
      Reuters; BLOOMBERG  -  746 words
    • 464 22 Reuters [TOKYO] Big Japanese manufacturers grew more optimistic about the business environment in the April-June quarter, a government survey showed, in a sign corporate sentiment is weathering a rising yen and market turmoil stemming from Europe’s debt crisis. Companies also sharply raised their capital
      Reuters  -  464 words
    • 785 22 Keisuke Honda gives Japan its 1-0 win over Cameroon WORLD CUP AP AFP [JOHANNESBURG] The Netherlands managed to grind out a 2-0 win over Denmark yesterday despite struggling to live up to its billing as one of the most dangerous attacking teams at the World Cup.
      AP; AFP  -  785 words
    • 477 22 AFP [LONDON] BP said yesterday that the cost of sorting out the Gulf of Mexico oil spill had jumped to about US$1.6 billion for the embattled British energy group. The news came ahead of a meeting of BP directors in London, due at
      AFP  -  477 words
    • 474 22 Bloomberg [JOHANNESBURG] England goalkeeper Robert Green can’t blame the new Adidas AG soccer ball for his fumble that gave the US a 1-1 tie in the team’s World Cup match, according to the supplier. Goalkeepers expressed concerns about the new Jabulani model before
      Bloomberg; Source: UniCredit, Bloomberg  -  474 words

  • WORLD
    • 780 23 Tougher curbs on proprietary trading, swap-desk spinoff may be on the cards Reuters [WASHINGTON] One of the last major agreements needed to approve historic Wall Street reform a compromise on curbing risky bank trading was close at hand as US lawmakers moved
      Reuters; AFP  -  780 words
    • 508 23 United front crucial to budget discipline, policy coordination Reuters [BERLIN] The leaders of France and Germany will seek to overcome deep-root-ed disagreements on European economic governance at a meeting in Berlin scheduled for yesterday, setting the tone for a European Union summit
      Reuters; REUTERS  -  508 words
    • 314 23 AP [LONDON] Some of the most popular blood pressure pills may slightly increase the risk of getting cancer, but doctors say it’s too soon to ditch the drugs, according to new research. In an analysis of five previous studies following about 60,000
      AP  -  314 words
    • 667 23 Reserves valued at US$1t could alter economy radically NYT [WASHINGTON] The United States has discovered nearly US$1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the
      NYT  -  667 words
    • 385 23 AP [LONDON] Britain’s new Office for Budget Responsibility offered a bleak outlook yesterday in its first forecasts for economic growth and public finances, setting a baseline for the new government’s emergency budget next week. The agency created by Prime Minister David
      AP  -  385 words
    • 247 23 Reuters [LONDON] Acquisitions vehicle Resolution will fund its planned takeover of French insurer AXA’s British life operations by raising £2 billion (S$4.1 billion) in a rights issue. The acquisition would cost a total of £2.75 billion, Resolution said yesterday, adding that it
      Reuters  -  247 words

  • EDITORIAL & OPINION
    • 514 24 EDITORIAL ALMOST every other day there is news of casino-related crimes being committed at the gaming halls of the two new integrated resorts (IRs). Just last Thursday, a 57-year-old man was caught stealing $200 worth of chips from a baccarat table at Resorts World
      514 words
    • 769 24  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator ALTHOUGH China voted with the United States and other countries to impose another round of sanctions against Iran in the United Nations Security Council, there is still
      769 words
    • 1026 24  -  There’re various agencies that SMEs can approach to learn more about effective solutions THOMAS MENKHOFF The writer is associate professor of Organisational Behaviour and Human Resources Practice at the Lee Kong Chian School of Business, Singapore Management University SINGAPORE continues to transform itself into a
      BH FILE PHOTO  -  1,026 words
    • 985 25  -  The economic picture looks better now than it did a year ago but a number of risks could still forestall the recovery By KARIM FODA, EASWAR PRASAD Karim Foda is senior research assistant at the Brookings Institution in Washington DC. Easwar Prasad is senior
      AFP  -  985 words
    • 1081 25  -  LEON HADAR Washington Correspondent ASK a Republican politician or a free-market pundit whether the Keynesian oriented approach of Obamanomics using fiscal policy to boost the economy during a downturn was working and he or she would probably respond with a resounding “No”. The revival
      REUTERS  -  1,081 words
    • 198 25  -  LETTER TO THE EDITOR Richard Teng Senior vice-president head issuer regulation SGX WE refer to the recent forum letters on the rights issue of Prudential plc. In its June 1 announcement, Prudential informed investors that the “ex-rights” date for trading on SGX-ST (which was
      198 words


  • AVIATION
    • 579 26 Spirit Airlines pilots stage walkout in Florida over pay row AP [FORT LAUDERDALE, Florida] Spirit Airlines is cancelling all of its flights through Tuesday, stranding thousands more passengers as a pilot’s strike continued into its second day on Sunday. The discount carrier said on its
      AP  -  579 words
    • 189 26 Reuters [BRUSSELS] EU competition regulators will decide by July 15 whether to allow a planned US$8 billion merger between British Airways and Spain’s Iberia, a deal that would create the world’s third-largest airline. The European Commission could also ask the
      Reuters  -  189 words
    • 2920 26 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 SQ458 1410 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7268 1745 VS7279 2350 9W4081 1820 AF8087 1820 BA7381 1820 JL5084 1820 QF81 1820 Ahmedabad NH6292 1900 SQ530 1900 Amsterdam SQ323 0605 AZ3993 0025 US5410 0605
      2,920 words
    • 282 26 AFP [SYDNEY] Hoaxers who claim a bomb is onboard a plane or passengers who attack flight crew could be jailed for 10 years under tough new Australian laws announced yesterday. The proposed changes will increase the maximum penalty for hoaxes from two years’ imprisonment
      AFP  -  282 words
    • 571 26 Berlin proposes environmental tax of 1b euros a year on air travel tickets NYT [BERLIN] Germany’s plan to introduce an environmental tax of one billion euros (S$1.7 billion) a year on air travel tickets met with fierce resistance recently from airlines, which
      NYT  -  571 words
    • 318 26 US officials gather feedback from travellers, public AP [SAVANNAH, Georgia] Federal regulators are considering a snack attack on America’s airlines that would restrict or even completely ban serving peanuts on commercial flights. Advocates say the move would ease fears and potential harm
      AP  -  318 words
    • 3343 27 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.
      3,343 words
  • Page 26 Miscellaneous
    • 302 26 CRYPTIC CROSSWORD Across 7 After onset of sciatica, frequently notice weakness (4,4) 9 University exam rejected from the start (6) 10 One might see nothing left in people (6) 11 people accepted for transfusion? (3,5) 12 Generally, a bad-tempered group of directors (6-3-5) 15 Revealing Euclidean concept (4) 17 How
      302 words


  • 792 28 Extra days delivering crude, or making the return journeys, sap tanker supply Bloomberg [LONDON] Supertanker rates are poised to surge to a two-year high by December as China’s demand for oil sends ships the equivalent of 11 extra times around the globe in
    Bloomberg; BLOOMNERG  -  792 words
  • 293 28 Bloomberg [HOUSTON] Oil wells owned by Taylor Energy have been leaking in the Gulf of Mexico since 2004, part of “hundreds of small oil leaks” occurring every year, the US Interior Department said recently in a statement. Taylor, a privately held
    Bloomberg  -  293 words
  • 158 28 Bloomberg [SINGAPORE] Daewoo Shipbuilding Marine Engineering, the world’s second-largest shipyard, has received an order for a platform installation vessel worth 694.2 billion won (S$793.8 million) from Allseas Group SA. The vessel, with a total area of six soccer fields and carrying a crane that
    Bloomberg  -  158 words
  • 329 28  -  Govt suspends seizure of S’pore registered tugboat By ALEC ALMAZAN THE Philippines has suspended arrest and seizure proceedings against the Sin-gapore-registered tugboat, Asta, after a local court ruled it had sole jurisdiction and custody over the hijacked vessel. Branch 35 of the Regional
    329 words
  • Page 28 Advertisements
    • 29 28 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 SHIPPING TIMES
      29 words
    • 34 28 Experienced Sllf p maintenance services wanted. Can they find your services Here in the Shipping Times? B THE BUSINESS TIMES TO ADVERTISE. CALL JOE WONG AT 9620 1 327 THE BUSINESS TIMES SHIPPING TIMES
      34 words

  • SINGAPORE STOCKS
    • 8647 29 Transaction date: Jun 14 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 6.5 3148 8Telecom 14.5 14.5 16 1.7 12.5 4.7 69.4 10 5.5 5834 A-Sonic 7 -0.5 268
      8,647 words
    • 1595 30 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 10 5 1181 t AA Grp 6 5 7 33.3 5.8 25 13 8538 t APStrategic 16 unch 113 17.5 14.5 16
      1,595 words
    • 9483 30 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.12/ APS Alpha Fund (USD)!** 0.8/ AXA Life Secure Ascent 2020 Fund 0.9262/0.9262 AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.62/ Aberdeen Asset Mgt Asia Limited American Opp 0.6079/ Asian Credit Fund 1.2442/ Asian
      9,483 words
    • 691 30 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 116 107 6389 ABF SG Bond ETF 112 unch 6 112 112 109 112 511.3 883 610 CIMBAsean40 100US$ US823 827 831 32.9 306
      691 words
    • 255 30 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 27 6000 AVJennings A45 40.5 49 3.6 7.8 3.6 117.2 31 13 6017 Genting HK US$ US17 +1 2882 17 16 16 17
      255 words


  • FINANCE & COMMODITIES
    • 374 31 In local curr In S$ In US$ dy yr dy yr dy yr Jun 11 Index Change Change Change Change Change Change World Index Preliminary 797.1 0.2 -4.3 0.0 -8.0 0.0 -7.9 EAFE Preliminary 739.4 0.9 -5.8 0.5 -13.9 0.6 -13.8 Europe Preliminary 1066.5 0.7
      374 words
    • 180 31 Jun 14 $S Offer Bid Overnight 0.02 0.01 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.10 US$ Offer Bid 7 days 0.45 0.35 1 month 0.60 0.40 2 months 0.65 0.45 3 months 0.70 0.50 6 months 0.90 0.70 9 months 1.10 0.90 12
      180 words
    • 22 31 Jun 14 S$ Bid Offer 1-month 1.3993 1.3998 2-months 1.3991 1.3996 3-months 1.3990 1.3994 6-months 1.3986 1.3991 Source: OCBC
      22 words
    • 132 31 Jun 14 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1870 1.2220 Can dollar 1.3490 1.3660 Euro 1.6930 1.7140 NZ dollar 0.9600 0.9810 Sterling pound 2.0290 2.0530 US dollar 1.3900 1.4070 Local dollars to 100 units of foreign
      132 words
    • 27 31 Jun 14 Open High Sett STI Jun 2818 SIMSCI Jun 330.8 339.3 333.9 Taiwan Jun 259.5 263.5 262.5 Source: MF Global (S) Pte. Ltd
      27 words
    • 66 31 Jun 14 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 10 2550 2549 2550 2549 325 1335 Jul 10 2450 2455 2459 2442 1600 ***** Aug 10 2392 2410 2410 2390 6330 ***** Sep 10 2367 2384
      66 words
    • 366 31 Jun 14 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.4629 0 2346 Sep10 99.2800 0 2975 Dec10 99.1600 0 953 Mar11 99.0300 0 1625 EUROYEN TIBOR FUTURES Jun10 99.6140 660 3681 Sep10 99.6450 99.6450 99.6400 99.6400 0 3647 Dec10 99.6500 99.6500 99.6500 99.6450 0 1411
      366 words
    • 138 31 Jun 14 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jul 10 355.0 350.0 355.0 40 Aug 10 332.0 330.0 332.0 24 Sep 10 315.0 Oct 10 305.0 Nov 10 297.5 Dec 10 292.0 290.0 296.0 30 Jan 11
      138 words
    • 90 31 Jun 14 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 16.09.2010 0.32 0.34 0.25 1-Year BY*****W 03.05.2011 0.38 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 103.80 103.85 103.82 5-Year N*****0N 1.375 01.10.2014 102.08
      90 words
    • 105 31 Jun 11 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 10 946.25 935.00 947.50 930.50 Aug 10 929.25 915.50 929.50 912.00 Sep 10 910.75 899.75 913.75 897.25 Nov 10 909.25 894.75 910.75 891.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 10 36.90 36.75 37.01
      105 words
    • 77 31 CRUDE OIL PRODUCTS Jun 11 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 74.95 -0.96 WTI (Near Mth) 74.05 -1.55 Dubai (1-Mth F) 74.80 1.01 Tapis blend 79.25 0.75 Minas 78.05 1.05 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 72.28 1.28 Jet Kerosene 86.85 1.85 US$/barrel Opec Oil
      77 words
    • 82 31 Jun 11 COCOA (£/tonne) Close Prev High/Low Jul 10 2458 2496 2517/2452 Sep 10 2344 2341 2372/2327 Dec 10 2278 2276 2301/2267 Mar 11 2244 2239 2266/2231 COFFEE (US$/tonne) Close Pev High/Low Jul 10 1560 1473 1579/1478 Sep 10 1524 1473 1538/1474 Nov 10 1533 1491 1541/1489 Jan 11
      82 words
    • 2305 31 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3 1 15 12 5.33 47 4085 ASJ Hldgs W*****1 3 1 4 8 2.17 20 2036 Advance SCT Ltd W*****9 0.5 1 87 2817 6.00
      2,305 words
    • 466 31 Jun 14 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.884 5.847 0.703 6.669 39.899 78.553 0.786 10.460 2.795 1.235 72.996 39.908 1.198 6.566 0.977 27.612 27.757 0.584 0.856 Canada 1.131 6.614
      466 words
    • 85 31 Jun 14 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • 154 31 Jun 14 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1973 1.1980 0.8555 0.8558 Canadian dollar 1.3545 1.3552 0.9679 0.9681 Euro 1.7029 1.7037 1.2168 1.2170 NZ dollar 0.9690 0.9699 0.6924 0.6928 Sterling pound 2.0497 2.0509 1.4646 1.4650
      154 words
    • 138 31 Jun 14 GOLD (US$/oz) Jun 10 Jun 11 Hong Kong 1223.40 1220.60 Jun 11 Jun 10 London 1226.15 1223.90 1227.15 1224.65 Source: Thomson Reuters CAST BAR Jun 14 (S$) Selling Buying Kilobar 59,472.74 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 133.75 55 5gm 378.78 277 10gm 675.17
      138 words
    • 71 31 Jun 11 Jun 11 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1914.50 1917.50 3 months 1945.00 1949.00 Copper, Grade A (US$/tonne) Cash 6456.00 6382.25 3 months 6479.00 6410.00 Lead (US$/tonne) Cash 1649.25 1664.50 3 months 1670.00 1684.00 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      71 words

  • PROPERTY
    • 959 32 City’s downtown area experiencing a boom and buying frenzy, brokers say IHT [MONTREAL] When Patrice Groleau began selling a proposed condo development this spring, he thought it would take about a year to sell all 100 units even though the site is in Montreal’s
      IHT; FILE PHOTO  -  959 words
    • 463 32 High joblessness fuelling foreclosure crisis, says study Bloomberg [BOSTON] Job growth will be the key factor in whether the US real estate market can extend a recovery after the end of the federal homebuyer tax credit, according to a Harvard University study. High unemployment
      Bloomberg  -  463 words
    • 696 33 Land confiscation and demolitions have become a big threat to China’s stability Reuters [BEIJING] Xu Xiaoqi went to seek justice weighed down by an oversized portrait of her dead father, a senior Chinese military officer, its giant frame hanging from her neck as a defiant
      Reuters; REUTERS  -  696 words
    • 203 33 Bloomberg [LONDON] The developer of the Shard, an 80-storey tower being built near London’s Thames river, bought out its only office tenant on the prospect that rents will almost double from the agreed rate when the building is finished. London Bridge Quarter Ltd, a
      Bloomberg  -  203 words
    • 409 35  -  Plot next to Central Mall could draw bids of $378 psf ppr or more By EMILYN YAP A DEVELOPER has shown interest in a 99-year hotel site at the junction of Clemenceau Avenue and Havelock Road, committing to pay at least
      URA  -  409 words
    • 184 35 [SINGAPORE] Sunway Real Estate Investment Trust (Reit) plans to sell shares for 90-98 sen (S$0.38-0.42) each in an initial public offering in Malaysia, according to a sale document obtained by Bloomberg News. The company, controlled by property and hotel group Sunway City Bhd,
      Bloomberg  -  184 words
    • 278 35 Bloomberg [DUBAI] Wealth funds of gas-rich Qatar are likely to make further global real estate investments as prices in countries such as Germany decline, Jones Lang LaSalle said in a report on Sunday. The funds “are likely to be emerging as the new
      Bloomberg  -  278 words
    • 154 35 Reuters [MADRID] Spain’s house sales rose 17.6 per cent in April from a year earlier, the second largest jump since the series began in 2007, official data showed yesterday, a sign of recovery for the crippled property market. The biggest annual jump of 18.7 per cent
      Reuters  -  154 words
  • Page 32 Advertisements
    • 46 32 pamela@ credo.com.sg hongboon@credo.com.sg 6227 6066 Land En bloc Sales Office Buildings Project Marketing Auction Valuation rat. 500 HA OF PRIME BEACH FRONT DEVELOPMENT LAND ON AN ISLAND 70 N.M. FROM SINGAPORE. PRISTINE WATER. APPROVED FOR RESORT CHALETS HOTELS VILLAS LEISURE DEVELOPMENTS. ENQUIRIES: MS CHUA 8163 2223
      46 words
    • 65 32 XI J)/ A publication by Lianhe Zaobao Internationally flavoured with unique Oriental DNA, the bilingual ZBBZ reaches out to the elite high networth readers who appreciate life's finest art, gastronomy, travel, fashion, lifestyle more. Available every first Friday of the Month leading bookstores: Borders, Kinokuniya, Page One, Prologue, Harries, Times
      65 words
    • 449 32 NOTICES THE COMPANIES ACT, CAP. 50 HIGH EXCEL GROUP PTE. LTD. (UEN:*****7303H) (In Members'Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company held on 10 June, 2010 the following Special Resolution was duly passed WINDING UP THAT the Company be wound up voluntarily pursuant to Section 290(1 )(b)
      449 words

  • Page 33 Advertisements
    • 102 33 Freehold Sites near Aljunied MRT and future Beauty World MRT Investment 6293 3228 (1) Land at Aljunied Road Site area 2,394.9 sm (25,778 sf) Opposite Aljunied MRT Station Dual frontage onto Aljunied Road and Lorong 23 Geylang Excellent accessibility via PIE and KPE Property to be sold “as is where
      102 words
    • 413 33 EXCELLENT DISTRICT 9 SOMERSET RESIDENTIAL DEVELOPMENT SITE -f .Jii in M <♦ 100% Owners Consent No STB required 5 min walk to Somerset MRT Station Site area approximately 35,639 sq ft Plot ratio 2.8 Height Control up to 10 storeys Ideal for boutique luxury development Quiet and tranquil surroundings within
      413 words

  • INDUSTRIAL SPACE
    • 1199 34  -  Singapore’s first business park catering to green companies will serve as a large-scale ‘living laboratory’ for testing and demonstrating clean technology, reports UMA SHANKARI UMA SHANKARI JTC is changing the approach to urban development and master planning with its CleanTech Park Singapore’s first business park
      PHOTOS: JTC CORPORATION & SURBANA INTERNATIONAL CONSULTANTS PTE LTD  -  1,199 words
  • Page 34 Advertisements
    • 123 34 This series is brought to you by -friendly Development rr- \o. Grow Your Green Ideas in CleanTech Park Welcome to CleanTech Park Singapore's first eco-business park! We will house an exciting community of companies and talents, fostering collaborative opportunities and strategic alliances to have a head start in commercialising the
      123 words

  • Page 35 Advertisements
    • 21 35 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
      21 words
    • 27 35 GCB Land Mt Echo Park Land Size 16,826 sqft Ideal for rebuild Vacant Possession Quiet ambience North/East facing Appointed Sole Agent Citiprop Pacific KC Ng 9853 1001
      27 words
    • 341 35 > a TT '"^'-----~"^*-^^5 IS* INVITATION TO TENDER For Lease Of 30 th Floor Office Space Tenderers are invited for the lease of an entire office floor with 360° UNOBSTRUCTED PANORAMIC view of the city. Prime Location 30 th Floor, High Street Centre 1 North Bridge Road (facing Parliament House,
      341 words
    • 161 35 OFFICE SPACE FOR LEASE REGENCY HOUSE vVN lr •V -Vx :.\a I I- n h i SliSs 11 I 1 I ts fjr! inifii mm Unit sizes from 1,700 sq ft to 8,030 sq ft Minutes walk to Dhoby Ghaut and Somerset MRT Stations Conveniently located near shopping, banking and
      161 words

  • Page 36 Advertisements
    • 100 36 I® MARKETS get thinking FX/CFD trading The world's No. 1 CFD provider* FX/CFD trading provides a simple way to profit from rising and falling prices. Access global markets 24/7; FX plus thousands of shares, ETFs, commodities and indices on one account. Automatic rebates on Singapore shares and FX for high-volume
      100 words