The Business Times, 21 September 2010

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Total Pages: 32
1 32 The Business Times
  • 22 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Tuesday, September 21,2010
    22 words
  • 895 1  -  Land parcels in Marina South, Rochor-Ophir in lieu of Malayan Rail land; arbitration on DC dispute By TEH TEH SHI NING [SINGAPORE] Singapore and Malaysia have finalised a swap deal to resolve a long-standing dispute over land owned by the Malayan Railway within Singapore and
    Compiled by BT  -  895 words
  • 140 1 ST INDEX 3,080.98 (+4.61) ST INDEX FUTURES 3,081 (+5) SIMSCI 362.12 (-0.34) SIMSCI FUTURES 362.40 (+0.40) FOREX US$ S$ US$ (S$ per US$) 1.334 (US$/S$ per 1.565 2.087 EURO (US$/S$/E) 1.311 1.748 Foreign currency per US$ S$ YEN 85.60 64.20 RM 3.103 2.327 HK$ 7.764 5.822 BAHT 30.75
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  • 792 1  -  Both sides have reason to be pleased; iconic projects and linear parks appeal to observers ANALYSIS By KALPANA RASHIWALA [SINGAPORE] Pardon the cliche. But the land swap deal between Singapore and Malaysia announced yesterday is being hailed as a win-win situation. Here’s
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  • Page 1 Advertisements
    • 152 1 FIRST ASIAN BOURSE SGX extends OTC clearing service to derivatives SME Inc Head over heels FINANCIAL CENTRES Singapore, HK, Tokyo among the top 5 PAGE 10 PAGE 11 PAGE 2 CORPORATE FOCUS Transcu Group in the spotlight PAGE 6 The next wave What is next for the property market as
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  • TOP STORIES
    • 572 2  -  Service is slated to commence by October, subject to regulatory approval By LYNETTE KHOO [SINGAPORE] In another trailblazing move, the Singapore Exchange (SGX) is becoming the first Asian bourse to offer clearing services for financial derivatives traded over-the-coun-ter (OTC). Already offering Asia’s first and
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    • 387 2 It turns up the heat on HP, IBM by diving into selling computer hardware AP [SAN FRANCISCO] Oracle Corp CEO Larry Ellison steered clear of the brouhaha surrounding his most contentious new employee Mark Hurd but turned up the heat in his other
      AP  -  387 words
    • 565 2 Land swap settles 20-year dispute SINGAPORE and Malaysia have finalised a swap deal to resolve a long-standing dispute over land owned by the Malayan Railway within Singapore and paved the way for greater cooperation. Malaysian Prime Minister Najib Razak has accepted Prime Minister Lee Hsien Loong’s revised and
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    • 744 4  -  Move significant but observers note it’s long way to yuan’s internationalisation By S JAYASANKARAN MALAYSIA’s central bank has bought yuan-denomi-nated bonds for its international reserves, marking for the first time, the purchase of a New Economy country’s assets instead of the tried-and-tested currencies of
      744 words
    • 688 4 Bloomberg [WASHINGTON] Confidence among US homebuilders in September unexpectedly held at the lowest level in more than a year, showing the housing market remains depressed following the expiration of a government tax credit. The National Association of Home Builders/Wells Fargo confidence index was unchanged
      Bloomberg; AFP  -  688 words
    • 494 4 Cautious trading as yuan approaches psychological level Reuters [HONG KONG] The yuan yesterday scored its biggest eight-day gain since January 2008 as the central bank fixed its mid-point at another post-revaluation high following intense US-led political pressure. But trading turned cautious ahead
      Reuters  -  494 words
    • 516 4  -  Govt plans single platform to deliver content that will help small service providers too By VICTORIA HO [SINGAPORE] The government is egging on industry players to make the ultra-fast next-generation national broadband network (NBN) more relevant to users. This move signals the
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    • 388 4  -  By RONNIE LIM [SINGAPORE] Several new players as well as energy-in-tensive industries here are expected to build small-scale power plants in the coming two years, says the Energy Market Authority (EM A). These will mostly cater to their in-house utility needs, although
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  • Page 2 Advertisements
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  • Page 3 Advertisements
    • 90 3 We were there when families used to turn up at the neighbourhood wayang instead of turning on their flatscreen tv. We were there when pictures were taken in a studio instead of a cellphone. We were there when we shared our happiest moments via a telegram or letter, instead of
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  • Page 4 Advertisements
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  • Page 5 Advertisements
    • 140 5 t s i; j ft AIA U M F7 Markets p r Employees > jr v-md OlfER 5 m t Agents OlfER i ■5 i V* X t ln-force Policies OlfER 3 f TO r -v# 9H iisesK «l BBf #V ff /flf V \VS fell TmmWV£ ft v| i
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  • COMPANY NEWS
    • 521 6  -  Shares, at maximum of HK$6.10, expected to raise up to HK$1.27b By KAREN NG IN conjunction with its secondary listing in Hong Kong, China-based Midas Holdings has launched a global offering of 220 million new shares to raise up to HK$ 1.2
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    • 578 6 Reuters [BANGKOK] Sri Trang Agro-Industry pcl, Thailand’s largest publicly traded rubber maker, expects net profit this year to beat 2009’s record high because of strong prices and good demand from the tyre industry. It is also aiming to have a dual
      Reuters  -  578 words
    • 339 6 Reuters MICROCHIP tester United Test and Assembly Center (UTAC), which was taken over by buyout firms TPG and Affinity Equity Partners in 2007, is seeking to relist in Singapore in an initial public offering (IPO) worth as much as US$600 million, sources said. The plan
      Reuters  -  339 words
    • 727 6  -  CORPORATE FOCUS By LYNN KAN THE stock market appears to be as excited as the Transcu Group about a breakthrough emulsion fuel technology to which the life sciences company will have exclusive distributorship rights. Following Transcu’s announcement of the deal on Saturday, its
      FILE PHOTO  -  727 words
    • 518 7  -  Nomura sees it as the most likely to better its position as a key player By JOYCE HOOI YANGZIJIANG Shipbuilding is leading the fleet, especially where Chinese shipyards are concerned, according to analysts. Last week, Nomura upgraded the stock from “hold” to “buy”
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    • 187 7  -  BY SIOW LI SEN UNITED Overseas Bank (UOB) has bought over HSBC’s banknotes business for US$15 million, the local bank said yesterday. UOB said it will acquire from HSBC the physical assets of its banknotes business in Singapore, Hong Kong, Japan, Beijing and Taiwan. Also,
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    • COMPANY BRIEFS
      • 91 7 PIPE makers Sinopipe Holdings said that its 99.1 per cent owned subsidiary, Fujian Aton Advanced Materials Science and Technology Co Ltd, has secured a 300 million yuan build-transfer contract in China. The project, located in Jiamusi City, Heilongjiang Province, involves the supply and installation
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      • 88 7 TRITECH Group has proposed a placement of up 22 million new shares at 27 cents each through Asiasons WFG Securities. The placement price represents a discount of 19.9 per cent to the volume weighted average market price of 33.72 cents a share on Friday. The
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      • 95 7 ALUMINIUM alloy wheel maker, Lizhong Wheel Group Ltd, said its subsidiary, Baoding Lizhong Wheel Manufacturing Co Ltd, will build a 500 million Thai baht (S$21.71 million) wheel manufacturing plant in Thailand. When completed, the plant will boast an annual production capacity of one
        95 words
      • 52 7 NOBLE Group said yesterday that its subsidiary Noble Americas Gas and Power Corp has agreed to buy all of the issued and outstanding membership interests of power marketing firm Sempra Energy Solutions LLC for about US$317 million in cash and an estimated debt repayment of about
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    • 251 7  -  By VEN SREENIVASAN ST AEROSPACE has won two maintenance contracts worth a combined US$63 million from Korean low-cost carrier T’Way Air. One contract is for the maintenance-by-the-hour component support for a Boeing 737-800. The other is an engine maintenance programme for
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    • 543 9  -  US$36.7m acquisition expected to add 2,600 barrels of oil per day By MICHELLE QUAH SINGAPORE HEADQUARTERED RH Petrogas is paying US$36.7 million to raise its stakes in two oil production sharing contracts (PSCs) in Indonesia a move which is expected to add around
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    • 293 9  -  By NISHA RAMCHANDANI ANWELL Technologies’ subsidiary, Henan Sungen Solar Fab Co, has landed a deal worth more than US$300 million over three years from a solar panel distributor/developer. Under the agreement, the distributor/developer which Anwell did not name has committed to purchase at
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    • 396 9  -  By FELDA CHAY WIRE and cable manufacturer Hu An Cable Holdings said yesterday that it has begun building a 338 million yuan (S$67.1 million) plant that will almost double its cable production capacity when completed next year. The Singapore-listed, China-based company said that 140
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  • Page 6 Advertisements
    • 450 6 GATEWAY TO THE OPEN "Gizina CHAMPIONSHIP L-MYER TODAY in %AM 0* GATEWAY to THE OPEN MIZUNO DREAM CUP i The Cnhnce to Live a n 1 SINGAPORE ENGLAND GATEWAY TO THE OPEN MIZUNO DREAM CUP Sentosa Golf Club Sept Oct 2010 (qualifying rounds) March 2011 (local final) MIZUNO DREAM CUP
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    • 23 6 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MAT:3 NOTICES
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  • Page 7 Advertisements
    • 116 7 Until Dr. Charles Kao pioneered fibre optics and transformed the way we communicate, he would not rest. Nor would his engineers. (Harlow, UK, 1965.) Until you feel connected. Until you know you're not just another name on the spreadsheet. Until we can quote your Mission Statement. Until your company's achievements
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  • SINGAPORE MARKETS
    • 611 8  - No surprises it’s all Genting, Jardine STI manages just a 4.6-point rise, despite support from the four Jardine stocks and Genting S’pore STOCKS R SIVANITHY Senior Correspondent AS we asked in yesterday’s column, what would traders do without the thinly traded Jardine group to support the Straits Times Index and
      Source: Bloomberg  -  611 words
    • 4 8 DAILY
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    • 66 8 Sep 20 VALUE CLOSE BT OB/OS 689.00 -59.00 BT CADI -*****.00 +26.00 BT 10-day MA -*****.00 +69.00 FTSE ST Mid Cap 760.51 +2.29 FTSE ST Small Cap 572.36 +4.23 FTSE ST All Share 761.97 +1.60 FTSE ST China Top 282.89 +1.38 FTSE ST China 318.21 +1.83 FTSE
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    • 57 8 VOLUME *Genting HK US$ 254,585,000 Genting SP 200,053,000 DMX Tech 170,864,000 Memstar 82,067,000 China Hongxing 73,901,000 Transcu Grp 71,244,000 Biosensors 52,960,000 Kreuz 50,228,000 Midas 35,946,000 ChinaAniH 31,714,000 VALUE($) Genting SP 428,229,625 *Genting HK US$ 181,776,186 DMX Tech 84,453,800 Biosensors 52,200,360 DBS Grp 44,988,500 CapitaLand 40,602,175 Midas 37,697,850
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 5 6 0 0 0 6 5 6 Manufacturing 68 58 71 7 5 19 75 63 90 Commerce 24 19 28 1 3 5 25 22 33 Tpt/Stor/Comms 11 14 14
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    • BROKERS’ TAKE
      • 386 8 Sept 20 close: S$1.75 OCBC Investment Research, Sept 20 THE share price of Yangzijiang Shipbuilding has risen by about 28 per cent (compared to the Straits Times Index’s 7 per cent rise) since we upgraded the stock to “buy” towards the end of June. Various factors have contributed
        Source: Bloomberg  -  386 words
      • 569 8  -  Sept 20 close: S$3.29 OCBC Investment Research, Sept 20 Compiled by CONRAD TAN SINGAPORE Technologies Engineering (ST Engineering) has continued to perform according to our expectations. We note that since its Q2 2010 results, the group has been replenishing its orderbook via new contracts. Specifically, its electronics arm,
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    • 120 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 33,245 33,245 42,657 42,657 Manufacturing 768,146 29,276 797,422 352,296 3,622 355,918 Commerce 59,699 38,826 98,525 46,008 6,874 52,882 Tpt/Stor/Comms 91,223 924 92,147 132,132 105 132,237 Finance 22,649 3 22,652 125,711 125,712 Construction 67,750 24,351 92,101
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    • 112 8 Stock name Close Change Stock name Close Change CapMallsAsia 2.180 +0.020 CapitaLand 3.950 -0.020 CapitaMall 1.960 +0.010 CityDev 11.680 +0.100 ComfortDelGro 1.550 +0.010 DBS Grp 13.880 -0.060 F&N 6.210 +0.070 Genting SP 2.140 +0.050 Golden Agri 0.590 +0.010 HK Land 6.000 +0.110 JMH 46.300 +0.600 JSH
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    • 469 8 CURRENCIES Reuters [NEW YORK] The US dollar slipped yesterday on speculation the Federal Reserve may suggest the need to inject more stimulus into the struggling US economy when it announces its latest policy decision today. The possibility of more Fed quantitative easing (QE)
      Reuters; BLOOMBERG  -  469 words
    • 115 8 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 344.0 2.0 DBXT MSEurope 10US$ 4181 194.7 3.6 DBXT DBCBDJUBS 10US$ 3246 110.7 2.6 JMH 4630 80.0 1.3 Jardine C&C 3814 74.0 2.0 DBXT DBCBLEB 10US$ 1956 62.7 2.5 DBXT MSAsExJp 10US$ 3030 42.7 1.1 DBXT CSI300 10US$ 973 40.0 3.2
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    • 118 8 BY CENTS CLOSE DOWN Lyxor LatinAmerica 1 830 -34.7 -3.0 OCBC Bk 5.1%NCPS 100 ***** -18.0 -0.2 SIA 1600 -14.0 -0.9 SIA 200 1604 -12.0 -0.7 Total Access 132 -10.7 -5.7 CIMBAsean40 100US$ 973 -8.0 -0.6 Great Eastern 1594 -8.0 -0.5 UOB 1844 -8.0 -0.4 CDL HTrust 217 -7.0
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    • 87 8 Where S$ stands Sep 20 CHNG YR 2010 CLOSE FR Sep 17 S$ LOW S$ HIGH US$ 1.3343 -0.06 1.4219 1.3335 Euro 1.7475 0.34 2.0153 1.6886 Pounds 2.0786 0.83 2.2831 2.0003 A$ 1.2609 0.08 1.2960 1.1515 Yen* 1.5577 -0.31 1.6080 1.4467 Rupiah* 0.***** -0.16 0.***** 0.***** Baht* 4.3399 -0.03
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  • Page 9 Advertisements
    • 29 9 6468 5335 New 10 Year COE for Used Import Vehicle Find the most comprehensive range of products and services in CATS Classified in The Straits Times. MATS k A
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    • 307 9 Enjoy foreign currency time deposit rates as high as J a D rC J r <>£.> SI sr 3 vT rr So 50 f. tm ■eo.^o 50 m tiJte ,4 Enjoy one of the highest interest rates in the market with Maybank foreign currency time deposits. You can choose to
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  • SINGAPORE NEWS
    • 482 10  -  Singapore retains No 4 spot while Dubai slips four places to No 28 By CONRAD TAN ASIAN financial centres are gaining prominence, while those in the Middle East are slipping, according to a twice-yearly index ranking of 75 international financial centres published yesterday.
      AFP  -  482 words
    • 314 10 Investments there fall to about 25% compared to 29% in March 2009 THE Government of Singapore Investment Corporation (GIC), the world’s fourth largest sovereign wealth fund, has about a quarter of its total investments in Europe, deputy chairman Tony Tan said in a speech
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    • 279 10 Internet plays key role in purchase decisions: survey A SURVEY has found about 40 per cent of Asian consumers are likely to use social networks for research “at the start of the purchase journey”. The survey, commissioned by Microsoft
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    • 147 10 SENIOR officials from central banks and supervisory agencies are in town for the 16th International Conference of Banking Supervisors (ICBS). At the biennial conference, which lasts until Thursday, delegates from more than 100 countries will discuss key supervisory issues and foster continuing cooperation in
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    • 264 10 THE floor rate for interest on savings in Special, Medisave, and Retirement accounts (SMRAs) which has been 4 per cent since 2008 will be kept at this rate until Dec 31, 2011, the Central Provident Fund said yesterday. Thereafter, interest rates on all
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    • SINGAPORE ROUNDUP
      • 76 10 A CHARITY football event organised by Standard Chartered Bank at FICO Sports Hub at the weekend helped raise $150,000 through team participation fees and the bank matching these dollar for dollar. The funds will go to Seeing is Believing a programme that is part of the
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      • 53 10 HONG Leong Finance (HLF) has revamped its website, introducing more user-friendly features to enhance customer service. Features include HLF Concierge, which automatically links users to the relevant section for the information they require, as well as a summary of the latest interest rates for fixed deposits
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      • 124 10 THE Singapore International Arbitration Centre (SIAC) says Chelva R Rajah and Guy Spooner have been appointed members of its board from Oct 1. Mr Rajah is a senior partner at Tan, Rajah Cheah. Mr Spooner is a dispute resolution lawyer with Norton Rose. Meanwhile, Maxwell Chambers,
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      • 72 10 THE recipients of Special Events Awards at the Community Chest Awards 2010 raised almost $10.2 million for charity last year the highest amount in the past five years. The awards are presented to organisations and groups of individuals that have used fund-raising events to bring
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    • 278 10 FINANCIAL industry workers will most likely use a recruitment firm to find their next job, according to a survey by recruitment consultancy Morgan Mckinley. Jeremy Canning, managing director of Morgan McKinley Singapore, said: “As we head into the last quarter of 2010,
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  • Page 10 Advertisements
    • 395 10 BRIGHT WORLD PRECISION MACHINERY LIMITED (Incorporated in the Republic of Singapore) Company Registration Number: *****9453N (the "Company") NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at Suntec Singapore International Convention Exhibition Centre, Meeting Room 206, Level 2, 1
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    • 125 10 WAREHOUSING AND STORAGE BUSINESS FOR SALE nI n Invitation orExpression Interes hebusiness oreIT! tP t Pt.e e. Ltd.whic includes uresandoffi equipment. SSttro r oree IT! Pte. Ltd. vides ehousing and ageservices appr ximately600customer SSttro r orageagreements contracted wit customer on monthly basisand ene ableautomatically Expression interes closeson24Sepember20 iday). FFro r
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    • 11 10 CATS Recruit The first door to your world of opportunities CLA/AUG06/g
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  • SME Inc
    • 976 11  -  Heatwave wants to create the best ‘high-heels wearing experience’. Women should have the pleasure of buying affordable shoes and they need not suffer in pain when wearing them. RACHEL SIM reports RACHEL SIM “HIGHheelsshould be accessible to every woman without burning a hole in their pockets,” says
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    • 892 12  -  Value addition for Linkers’ business partners has always been the key to its success By MURUGESAN SHREE VALLIYAMMAI, SAMYUKTHA SANTHANAM, GERARD YIP KAI MAN The writers are students ofNUS Business School MOST companies in today’s business world are financed by a mix of liabilities and equity.
      FILE PHOTO  -  892 words
    • 326 12  -  By RONALD HEE THE company was registered just before Christmas, 2002. It began operations in early February 2003 with just six people. But then the economic storm that came with the severe acute respiratory syndrome (Sars) epidemic hit. Still, they weathered it. Today, the company
      YEN MENG JIIN  -  326 words
    • 474 12  -  By TEH HOOI LING OUR small cap portfolio played some catch-up last week by adding 3.6 per cent to its total value. It outpaced the ST Mid Cap Index’s 2.9 per cent gain, and the Small Cap Index’s 0.9 per cent gain. Meanwhile, in
      474 words
    • 794 13  -  Mooreast lives up to its brand promise of delivering quality products and value-added services to achieve customer satisfaction By LOUIS CHIN, STACEY JANINE CHONG,LEMOUSHMI DEVI The writers are students ofNUS Business School Having an oil rig or any offshore platforms moored with inferior anchors is akin
      ARTHUR LEE  -  794 words
    • 739 14 The focus should be on working capital management and boosting profitability and efficiency COMMENTARY HAVING survived the tough times, you should be thinking about taking advantage of the recovery. The overriding objective should be to position your business for sustainable growth. This means maintaining any good
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    • 1656 14 THIS WEEK’S TOPIC The recent months have seen some cash-rich foreign investors buying into local small and medium-sized enterprises (SMEs) and start-ups. Has your company received such investment offers? What are the pros and cons of such investments? Sonya Madeira Stamp Managing Partner Rice Communications
      1,656 words
  • Page 11 Advertisements
    • 118 11 Rubber imported from Indonesia. Parts assembled in Beijing. Goods delivered to Amsterdam. The simplest products can travel the most complex global routes before they reach their final destination. As one of the world's largest trade finance organisations, our global network connects suppliers and buyers wherever your business takes you. This
      118 words

  • Page 12 Advertisements
    • 435 12 SINGXPRESS (Compan RegistrationNo*****3164K) (Incorporated Singapore) NOTICEOFEXTRAORDINAR GENERALMEETING Allcapitalisedterms thisNotice Extraordinar Gener Meetinganddefined thecirculardated21September 2010(the Circular)” shall,unlessotherwisedefinedherein,beartherespectiv meaningsascribedthereto theCircular NOTICEISHEREBYGIVEN thatanExtraordinar Gener Meeting SingXpressLtd.(the Compan willbe held 883Nor BridgeRoad#17-05SouthbankSingapore*****5on October2010 pm thepurpose fo f of consideringand, thought passing,with withoutamendment,the ollowingresolutions: ORDINAR RESOLUTION THEPROPOSED UISITION That: appro beand hereb given theProposedAcquisition theProperties
      435 words
    • 62 12 Celebrating Singapore´s Enterprising Spirit 2010 This series is part of the Enterprise 50 Educational Project between the E50 partners and the NUS Business School. Linkers was among the E50 winners in 2009. The annual E50 ranking is co-organised by The Business Times and KPMG, sponsored by OCBC Bank, and supported
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  • Page 13 Advertisements
    • 62 13 Celebrating Singapore´s Enterprising Spirit 2010 This series is part of the Enterprise 50 Educational Project between the E50 partners and the NUS Business School. Mooreast was among the E50 winners in 2009. The annual E50 ranking is co-organised by The Business Times and KPMG, sponsored by OCBC Bank, and supported
      62 words
    • 146 13 I harvest opportunity from risk. JOSÉ AROLDO GALLASSINI President, Coamo Agroindustrial Cooperative For José Aroldo Gallassini, turning risk into opportunity is second nature.As president of Brazil’s largest agricultural cooperative,he comes to CME Group to mitigate price volatility and protect his organization’spositionintheglobalsoybeanmarket.Withunparalleled liquidity,transparency and speed,and the security of central counterparty clearing,
      146 words

  • Page 14 Advertisements
    • 168 14 MATS Q Toll free: 1800-289-8822 Email: notices@sph.com. NOTICES I, Anthony Zarr, bachelor, 5 Jalan Novena Singapore *****4 intend to marry Rebecca Jane Brown, single at The Chedi Ubud Bali on 08/11/2010. Any person knowing of any lawful impediment to the marriage should without delay notify the Consular Section, British High
      168 words
    • 206 14 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF SIEM DEVELOPMENT PTE. LTD. Company Registration No. *****5040C (IN MEMBERS'VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap. 50, that the Final Meeting of the Members
      206 words
    • 95 14 IN THE MATTER OF THECOMPANIES CCAAPP.. 50 AND IN THE MATTER OF REGUSCENTRESPTE (InCreditors’ oluntar Liquidation) (Co. eg. *****472N) NNOOTICEOFRESOLUTION AAtt an Extraordinar Gener Meeting fo f of tthe aboenamed Compan dulyconenedandheld on he day Septembe 20 heSpecial esolutionsetout belo dulypassed That has been ed he satisfaction hemeeting hat he
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    • 96 14 IN THE MATTER OF THECOMPANIES CAP50 AND IN THE MATTER OF AATTWLOGISTICSPTE Compan RegnNo *****4168E (In oluntar Liquidation) NOTICE IS HEREBY GIVEN pursuant Section 308 the Companies Act, Cap 50, that aa Final Gener Meeting the members the abo mentioned Compan willbeheld theoffice theLiquidator 146RobinsonRoad, #11-01 Singapore *****9 on 21
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    • 89 14 NI N IN THEMATTEROF BRIDEXPTE (CoRegNo.:*****1709K (INMEMBERS’VOLUNTAR LIQUIDATION) NOTICE SI S IS HEREBY GIVEN pursuant Section308 the Companies Act, Cap. 50, that aa Final General Meeting themembers theabovementionedCompanywillbeheld 165 BUKIT MERAH CENTRAL #04-3665 SINGAPORE *****5 on4thOctober2010 10a.m. forthepurpose receivingan account from the liquidators showing the manner which the winding-up has
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    • 97 14 Voices Next week’s topic:: The Singapore government has warned earlier that the current pace of economic growth is unsustainable. What measures have your company put in place, or plan to implement, to minimise the impact of slowing growth? If you are an SME owner or leader, we would like you
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  • MALAYSIA/INDONESIA
    • 328 15 Central bank says it may require banks to disclose prime rates each month Bloomberg [JAKARTA] Indonesian bank shares fell yesterday following an announcement by the Indonesian central bank that it may require banks to disclose their “prime-lending rates” each month. PT Bank Rakyat
      Bloomberg; BLOOMBERG  -  328 words
    • 271 15 Reuters [KUALA LUMPUR] Malaysia’s plantations-to-property conglomerate Sime Darby said yesterday that a probe into its loss-making energy division had found evidence of mismanagement in four key projects including the controversial Bakun Dam. Sime said its board would initiate legal proceedings where appropriate and
      Reuters  -  271 words
    • 250 15 Bloomberg [JAKARTA] Indonesia’s trade ministry forecast that tin shipments from the world’s largest exporter may drop 19 per cent this year, exacerbating a global shortage that’s helped drive the biggest rally among base metals in 2010. Futures advanced. Exports may slump to about
      Bloomberg  -  250 words
    • 136 15 Bernama [SIBU] China has registered a 67 per cent growth in trade with Malaysia, amounting to over US$35 billion, for the first six months of this year. With establishment of the Asean Free Trade Area (Afta), bilateral trade is expected to grow
      Bernama  -  136 words
    • 519 15 Reuters [KUALA LUMPUR] Malaysia’s Axiata Group, one of the leading telecommunication companies in Asia, is on track to meet its 2010 key performance indicators (KPIs) but it may have to take a charge on the value of its stake in associate Idea Cellular
      Reuters  -  519 words
  • Page 15 Advertisements
    • 539 15 Why DBS Exchange Traded Funds (ETFs)? ETFs are efficient, transparent and flexible ETFs are efficient, low-expense instruments that provide you with liquid exposure to select markets and asset classes with no hassle, fees or sales charges. •Asian investment specialists leverage on our deep understanding of Asia and its markets to
      539 words

  • ECONOMY WATCH
    • 785 16 Biggest mining boom in over a century seen stoking economy next year Bloomberg [SYDNEY] Reserve Bank of Australia (RBA) governor Glenn Stevens signalled policy makers may resume raising interest rates as the biggest mining boom in more than a century stokes the
      Bloomberg; BLOOMBERG  -  785 words
    • 249 16 Reuters [BERLIN] Germany’s recovery is set to slow significantly for the rest of the year, weighed down in part by gloom in some of its trade partners, the German Finance Ministry said in its monthly report yesterday. “The upswing should likely
      Reuters  -  249 words
    • 349 16 They won’t forsake Greece if it carries out tough reforms Reuters [ATHENS] Greece’s international lenders assured investors last week that they would not abandon Athens at the end of a 3-year bailout plan if it fulfilled tough reforms but failed to regain
      Reuters; BLOOMBERG  -  349 words
    • 324 16 AFP [BRUSSELS] Moody’s Investor Service and Fitch Ratings each said yesterday they had awarded the top AAA rating to Europe’s share of a trillion-dollar backstop fund set up to help struggling eurozone economies. Moody’s said its provisional rating for a
      AFP  -  324 words
  • Page 16 Advertisements
    • 183 16 Final chance to bid with The New Paper AUCTION SERIES 4 13-26 Sept 2010 Call us now at 6388 3838 to find out how you can get 20,000 TNP$ as a headstart to this exciting auction! The New Paper Auction Cut collect TNP$ from the front page of The New
      183 words

  • GREATER CHINA
    • 663 17 Move raises hopes of search engine reopening after 6-month closure [BEIJING] Google is hiring dozens of marketing and technical employees in China to defend a shrinking market share against local rivals after closing its Chinese search engine six months ago this Wednesday
      REUTERS  -  663 words
    • 258 17 Reuters [SHANGHAI] China’s five state-owned banks have all set aside more than 2.5 per cent of their total loans to cover potential non-performing loans (NPL), and smaller banks may have to increase their provisions in 2011, the China Securities Journal reported on Monday.
      Reuters  -  258 words
    • 262 17 AFP [BEIJING] A Chinese industry group yesterday denounced a fresh EU investigation into Chinese-made modems, saying that any move to curb shipments would be a big blow to domestic manufacturers. The European Union said last week that it would investigate claims that
      AFP  -  262 words
    • 246 17 AP [SHANGHAI] Japanese carmaker Nissan Motor Co inaugurated a new factory yesterday in the central Chinese city of Zhengzhou, part of an expansion that will nearly double its production capacity in the world’s biggest vehicle market by 2012. The one billion yuan (S$198.8 million) Zhengzhou
      AP  -  246 words
    • 229 17 Reuters [TAIPEI] Top global PC monitor maker TPV Technology Ltd will set up a global operating headquarters, R&D centre and plants in Taiwan, its chairman said yesterday. Jason Hsuan, chairman and chief executive of TPV, told reporters on the sidelines of a
      Reuters  -  229 words
    • 461 17 Bloomberg [SHANGHAI] China’s stocks will enter a “bull rally” in the next three to six months as the government drafts details of the next five-year economic plan and property sales rise, according to UBS AG. Deregulation of crossborder investment, suspension of power
      Bloomberg  -  461 words
  • Page 17 Advertisements
    • 113 17 An Evening of Symphonic Delights, featuring the Sinaayore Chinese the Singapore Parade Ring, Singapore Racecourse, Kranji Saturday, 25 th September, 7pm r comebelofe lot our Earty Bird Draw1 «#S,» Horse Racing Vitality of Spring-2nd movement: Sturdy Steeds Gallop 3. 0 Sole Mio 4 Farandole "Thunder and Lightning" Polka e. «JX(,H3t»
      113 words

  • INDIA
    • 798 18 Australia’s game plans unchanged despite shootings AFP Bloomberg Reuters [NEW DELHI] Police say they have increased patrols across New Delhi, one day after unidentified gunmen shot and wounded two tourists and raised concerns about security less than two weeks before the Commonwealth Games open
      AFP; Bloomberg; Reuters  -  798 words
    • 604 18 Borrowing from central bank rises as tax payments and festivals loom Bloomberg [MUMBAI] Banks in India are increasing borrowing from the central bank to the most since July as a shortage of cash drives short-term interest rates higher. Financial institutions borrowed
      Bloomberg  -  604 words
    • 595 18 Company expects to raise US$2.2b from stake sale in Jan/Feb Reuters [NEW DELHI] India’s top state-run refiner, Indian Oil Corp, wants the government to free up diesel prices before its US$2 bil-lion-plus share sale to raise the maximum funds from
      Reuters  -  595 words
    • 334 18 Bloomberg [MUMBAI] India, Asia’s sec-ond-biggest corn grower, may have a record crop because of above-normal rainfall, increasing exports, according to Adani Enterprises Ltd, the country’s biggest non-state trader of farm goods. Production may exceed 20 million tonnes in the year to June
      Bloomberg  -  334 words
  • Page 18 Advertisements

  • ASIA-PACIFIC
    • 600 19 Reuters [BANGKOK] Thailand’s top lender, Bangkok Bank pcl, could achieve a record profit this year as an investment rebound spurs loan demand in Thailand’s fast-growing economy, its executive chairman said yesterday. Kosit Panpiemras, a former finance minister, told Reuters in an interview that
      Reuters  -  600 words
    • 311 19 Growth still weak despite rebound from 9-month low Reuters [WELLINGTON] Activity in New Zealand’s services sector rebounded in August from a nine-month low, although growth remained weak, a survey showed on Monday. The Bank of New Zea-land-Business NZ’s seasonally adjusted performance of services
      Reuters  -  311 words
    • 577 19 Gain in August is more than estimated and signals resilience to global economic risks Bloomberg [TAIPEI] Taiwan’s export orders rose faster than economists projected, signalling resilience to global economic risks and scope for higher borrowing costs. Orders, an indication of shipments in the next one
      Bloomberg  -  577 words
  • Page 19 Advertisements
    • 538 19 TOSHIBA Leading Innovation »> Windows®. Life without Walls™ Toshiba recommends Windows 7 55 years or Notebook LIGHTNING-FAST BRAIN. SUPER-SLIM BODY. FULL SPEC. NOW THAT'S SMART. (PUSH =1 1 R700 Super-slim 1.9cm thin full-feature notebook with 512GB Solid State Drive powered by the smart Intel® Core™ i7 processor, complete with Intel®
      538 words

  • ASIA-PACIFIC/WORLD
    • 446 20 IPO expected to tap US$15b and could be the biggest ever insurance float Reuters [HONG KONG] American International Group Inc plans to list its Asian life insurance unit, AIA Group Ltd, on Oct 29, aiming to raise about US$15 billion
      Reuters; REUTERS  -  446 words
    • 650 20 AP [DETROIT] Investment bankers handling the upcoming General Motors Co stock sale are expected to court foreign investors as well as those in North America, according to a US Treasury Department statement. GM and the Treasury Department would not comment on Sunday
      AP; AFP  -  650 words
    • 586 20 Reuters [NEW DELHI] Swedish furniture retailer Ikea is actively looking at entering the fast-growing South Korean market while continuing to focus on China and Japan. The store grew sales during its 2009/10 financial year as the global economic downturn sent cost-con-scious shoppers
      Reuters  -  586 words
    • 616 20 Weber’s criticism of bond purchases angers governments Reuters [PARIS] Should a man who publicly opposed the European Central Bank’s most difficult decision in the heat of the eurozone crisis, breaking ranks with its l e a d e r s u c c
      Reuters; BLOOMBERG  -  616 words
    • 280 20 Reuters [BANGKOK] The Bank of Thailand said yesterday it planned to announce measures to relax capital outflows this week to encourage offshore investment and help ease upward pressure on the baht, at a 13-year high against the dollar. Central bank assistant governor Suchada
      Reuters  -  280 words
  • Page 20 Advertisements

  • WORLD
    • 580 21 Growth slower than in past slumps due to tighter credit, fall in net worth: OECD Bloomberg [WASHINGTON] Unemployment in the US may hold above pre-recession levels until at least 2013 as the economic recovery is restrained by Americans paying down debt
      Bloomberg; AFP  -  580 words
    • 691 21 Reuters [DUBLIN] Ireland will need to rethink its plan for cutting a bloated budget deficit due to weak economic growth and higher borrowing costs, though the price of its bank bailout will not be as high as some fear, the central bank said yesterday.
      Reuters  -  691 words
    • 557 21 Financial crisis has increased inequality, says summit paper AFP [UNITED NATIONS] World leaders were poised to kick off a summit yesterday to hammer out new ways to meet ambitious targets set a decade ago to cut poverty, millions of avoidable deaths and improve
      AFP  -  557 words
    • 496 21 Bloomberg [DUBAI] Abu Dhabi bonds are heading for their best quarter in a year. Union Investment and LCF Edmond de Rothschild CI Ltd say that investors are ready to snap up any new issue from the oil-rich Persian Gulf emirate. The
      Bloomberg  -  496 words
    • 398 21 Reuters [LONDON] Gold hit record highs for the fourth day in a row yesterday, boosted by growing expectations for US interest rates to remain exceptionally low as the economy struggles, while silver came in sight of 30-year peaks. Data last week showed
      Reuters  -  398 words
  • Page 21 Advertisements
    • 277 21 CLARIDEN GLOBAL EXECUTIVE EDUCATION INVITATION for Strategic Leaders in Asia Developing Strategic Intuition Program 22 October, 2010 (Shangri-La Hotel, Singapore) 21- Professor William R. Duggan Influential Professor at Columbia University, Columbia Business School Author of Strategic Intuition —named as "Best Strategy Book of the Year" Strategy advisor to Fortune 500
      277 words

  • EDITORIAL & OPINION
    • 479 22 EDITORIAL MALAYSIA’S Department of Statistics estimates the country’s gross national savings rate to be around 36.1 per cent of gross domestic product (GDP) in 2010, a big number by most countries’ standards. Thus there is some surprise at reports that the country’s central bank, Bank
      479 words
    • 804 22  -  THE BOTTOM LINE ROBERT SAMUELSON The Washingto Post Writers Group IT is a ritual as predictable as the tides. With every election, we descend into sound-bite economics. Rhetorical claims grow more partisan and self-serving. We are now deep in this process. President Barack Obama’s
      The Washingto Post Writers Group  -  804 words
    • 685 22  -  Sound macroeconomic policy implementation has led to improved economic fundamentals By THOMAS RUMBAUGH The author is division chief in the Asia-Pacific Department and mission chief for Indonesia at the International Monetary Fund INDONESIA was one of the world’s best performing economies during the 2008-09 global
      AFP  -  685 words
    • 1059 23  -  With midterm elections approaching, the Obama administration may be torn between taking a more populist rhetoric and a harder stance on China LEON HADAR Washington Correspondent THE Obama administration seems to be embracing a harder hitting rhetoric on the issue of China’s exchange
      AFP  -  1,059 words
    • 1163 23  -  By ANIL KISHORA The au thor is CEO of the State Bank of India, Singapore. He served in the bank’s Tokyo office from 1986 to 1988. The views expressed in this article are personal TOKYO still remains the same lovely city it used to be in
      TAN MAE LYNN  -  1,163 words
    • 447 23  -  LETTER TO THE EDITOR Tan Lye Huat HIM Governance I REFER to the article “A well functioning market?” (BT, Sept 16) and applaud Mak Yuen Teen for continuing to research and illuminate the corporate governance landscape and, in particular, the market for
      447 words


  • AVIATION
    • 436 24 Multi-million dollar case is over mid-air plunge in 2008 that left scores injured AFP [SYDNEY] Dozens of Qantas passengers and crew are launching a multi-mil-lion dollar case against Airbus and a component-mak-er over a terrifying mid-air plunge which left scores injured, a lawyer said yesterday.
      AFP  -  436 words
    • 574 24 Bloomberg [TOULOUSE, France] Airbus SAS is in final negotiations with suppliers about a reworked version of its best-selling A320 and is poised to unveil a more fu-el-efficient version as early as next month, chief operating officer Fabrice Bregier said. New engines on the A320
      Bloomberg; AP  -  574 words
    • 622 24 Shared check-in kiosks, airport signs to appear next year Bloomberg [ATLANTA] UAL Corp’s United Airlines and Continental Airlines are targeting early 2011 to start blending passenger-service operations as they merge to create the world’s largest carrier. Shared check-in kiosks and airport signs will appear
      Bloomberg; AP  -  622 words
    • 2976 24 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 MU8213 1820 QF81 1820 Ahmedabad NH6292 1900 SQ530 1900 Amsterdam SQ323 0605 AZ3993 0025
      2,976 words
    • 3151 25 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.
      3,151 words
  • Page 24 Miscellaneous
    • 327 24 CRYPTIC CROSSWORD Across 1 Sponger gets a place by reversing charge (8) 5 Display of food causing strike (6) 9 Schoolboy prank that’s the reverse of social gaffe (5,4) 11 Bird song under the baobob tree finally! (5) 12 Hold back terrible inertia after leader was dropped (6) 13 Shabby
      327 words


  • 347 26 Output cuts likely to stay till year-end due to short power supplies for mills Bloomberg [LONDON] Demand to transport iron ore may rebound once China ends steel-production cuts and steel prices may gain in the next several months because of
    Bloomberg; BLOOMBERG  -  347 words
  • 233 26 [SINGAPORE] Thome Ship Management last week became the first third-party ship manager in the world to receive full accreditation from Det Norske Veritas (DNV) SeaSkill for its competency management system. SeaSkill is a management assessment system for shipowners and managers that
    233 words
  • 227 26 Bloomberg [GENEVA] SGS SA, the world’s biggest goods inspector, said it plans to increase revenue 70 per cent to 8 billion Swiss francs (S$10.6 billion) by 2014 as it targets acquisitions to add services and markets. SGS, which inspects cars and checks petroleum
    Bloomberg  -  227 words
  • 142 26 Bernama [LANGKAWI] The Port of Tanjung Lembung, the main port in Langkawi, handled 151,967 tonnes of cargo in the first seven months of this year. However, it was 0.2 per cent lower than the 152,272 tonnes handled in the same period last year.
    Bernama  -  142 words
  • 245 26 Reuters [AMSTERDAM] Dual Dutch-Norwegian listed ocean transport company Dockwise said yesterday that top shareholders had pledged to take up the planned US$100 million rights issue to fund the construction of new vessel. Dockwise is studying the feasibility of constructing a semi-submersible vessel to
    Reuters  -  245 words
  • 135 26 Reuters [ISTANBUL] Turkey’s Bosphorus Strait, a major shipping channel for oil and other commodities, re-opened to southbound traffic yesterday after both directions were closed due to heavy fog, coast guard officials said. The strait was completely shut for four hours from 5am (0200 GMT) after fog reduced
    Reuters  -  135 words
  • 278 26 Source: Thomson Reuters SGX '000 Sep 20 S$ +/-Vol CH Offshore 0.53 unch 1034 Chuan Hup Hldg 0.26 unch 165 Cosco Corp 1.71 -0.01 7478 CWT Ltd 1.01 unch 2031 Ezra Hldgs 1.83 0.07 7814 First Ship Lea 0.43 unch 402 Freight Links 0.06 unch ***** Grand Banks
    278 words
  • Page 26 Advertisements

  • SINGAPORE STOCKS
    • 9094 27 Transaction date: Sep 20 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 21 13 3148 8Telecom 19.5 -0.5 120 19.5 19.5 19.5 20 1.7 9.3 6.3 93.4 12 5 5834
      9,094 words
    • 1725 28 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 9 4.5 1181 t AA Grp 4.5 unch 200 4.5 4.5 4 5 25 4.3 225 130 6222 t APStrategic 168 +7
      1,725 words
    • 9387 28 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.23/ APS Alpha Fund (USD)!** 0.93/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM
      9,387 words
    • 812 28 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 $mil 124 107 6389 ABF SG Bond ETF 118cd +3 20 118 118 115 119 538.6 979 755 CIMBAsean40 100US$ US973 -6 0 973 970
      812 words
    • 258 28 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 $mil 56 36.5 6000 AVJennings A47.5 -1.5 16 47.5 47.5 47.5 51.5 3.6 7.4 3.8 123.7 55 16 6017 Genting HK US$ US53.5 +1.5 *****5
      258 words


  • FINANCE & COMMODITIES
    • 374 29 In local curr In S$ In US$ dy yr dy yr dy yr Sep 17 Index Change Change Change Change Change Change World Index Preliminary 826.8 0.0 -0.7 -0.2 -5.9 -0.1 -1.1 EAFE Preliminary 764.5 0.0 -2.6 -0.2 -8.3 -0.2 -3.7 Europe Preliminary 1115.6 -0.5
      374 words
    • 177 29 Sep 20 $S Offer Bid 0vernight 1/16 1/32 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 1/16 US$ Offer Bid 7 days 0.33 0.23 1 month 0.48 0.28 2 months 0.50 0.30 3 months 0.55 0.35 6 months 0.68 0.48 9 months 0.85 0.65 12
      177 words
    • 22 29 Sep 20 S$ Bid Offer 1-month 1.3336 1.3338 2-months 1.3336 1.3338 3-months 1.3336 1.3338 6-months 1.3336 1.3339 Source: OCBC
      22 words
    • 133 29 Sep 20 As at 9am unit Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2420 1.2790 Can dollar 1.2850 1.3000 Euro 1.7330 1.7520 NZ dollar 0.9630 0.9830 Sterling pound 2.0790 2.1020 US dollar 1.3280 1.3430 Local dollars to 100 units of
      133 words
    • 27 29 Sep 20 Open High Sett STI Sep 3081 SIMSCI Sep 361.9 363.2 362.4 Taiwan Sep 289.8 290.4 289.9 Source: MF Global (S) Pte. Ltd
      27 words
    • 68 29 Sep 20 Sep 20 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 10 2770 2702 2780 2755 446 4116 Nov 10 2715 2645 2739 2645 3256 ***** Dec 10 2700 2627 2733 2688 ***** ***** Jan 11
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    • 398 29 Sep 20 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec10 99.6000 0 7471 Mar11 99.5300 0 2866 Jun11 99.4400 0 2354 Sep11 99.3300 0 536 EUROYEN TIBOR FUTURES Dec10 99.6800 99.6800 99.6800 99.6800 21 2674 Mar11 99.6975 0 1516 Jun11 99.7125 0 3150 Sep11 99.7175 0
      398 words
    • 138 29 Sep 20 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Oct 10 350.0 348.0 350.0 7 Nov 10 350.0 350.0 350.0 32 Dec 10 350.0 350.0 350.0 20 Jan 11 350.0 350.0 350.0 12 Feb 11 350.0 Mar 11
      138 words
    • 92 29 Sep 20 Sep 20 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 23.12.2010 0.30 0.28 0.28 1-Year BY*****W 03.05.2011 0.35 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 104.10 104.15 104.11 5-Year N*****0N 1.375
      92 words
    • 105 29 Sep 17 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 10 1069.00 1036.25 1072.00 1036.75 Jan 11 1078.25 1046.00 1081.00 1045.75 Mar 11 1084.75 1054.00 1087.75 1054.00 May 11 1088.25 1057.25 1089.50 1058.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct 10 41.91 41.36 41.97
      105 words
    • 77 29 CRUDE OIL PRODUCTS Sep 17 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 77.49 -1.64 WTI (Near Mth) 73.59 -0.79 Dubai (1-Mth F) 76.88 0.17 Tapis blend 85.20 0.35 Minas 79.10 0.35 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 73.72 0.34 Jet Kerosene 88.67 unch US$/barrel Opec Oil
      77 words
    • 2291 29 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 4869 A-Sonic Aerospace W*****0 2.5 unch 408 1 3 -8 2.40 3 6221 Asia-Pacific Strategic W*****6 33 1 150 9 5.09 44 6227 ASJ Hldgs W*****1 2.5 1 4
      2,291 words
    • 464 29 Sep 20 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.975 6.349 0.722 7.346 43.194 84.926 0.810 10.989 2.936 1.296 81.018 41.680 1.262 6.734 0.950 29.938 29.091 0.605 0.946 Canada 1.025 6.509
      464 words
    • 85 29 Sep 20 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • 154 29 Sep 20 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2614 1.2623 0.9459 0.9465 Canadian dollar 1.2933 1.2941 0.9698 0.9703 Euro 1.7482 1.7487 1.3110 1.3112 NZ dollar 0.9735 0.9743 0.7300 0.7305 Sterling pound 2.0863 2.0872 1.5645 1.5650
      154 words
    • 141 29 Sep 20 GOLD (US$/oz) Sep 20 Sep 17 Hong Kong 1280.60 1279.50 Sep 17 Sep 16 London 1276.40 1274.25 1277.15 1274.70 Source: Thomson Reuters CAST BAR Sep 20 (S$) Selling Buying Kilobar 58,686.29 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 131 55 5gm 373 274 10gm 667
      141 words
    • 70 29 Sep 17 Sep Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2151.55 2136.50 3 months 2180.00 2165.50 Copper, Grade A (US$/tonne) Cash 7711.00 7689.25 3 months 7720.00 7700.00 Lead (US$/tonne) Cash 2174.25 2173.00 3 months 2202.50 2202.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash
      70 words
    • 82 29 Sep 17 COCOA (£/tonne) Close Prev High/Low Dec 10 1884 unch 1920/1873 Mar 11 1900 1901 1936/1890 May 11 1915 1917 1949/1909 Jul 11 1924 1928 1957/1915 COFFEE (US$/tonne) Close Pev High/Low Sep 10 1660 1644 1662/1649 Nov 10 1669 1653 1673/1650 Jan 11 1695 1675 1697/1677 Mar 11
      82 words

  • INDUSTRIAL SPACE
    • 1209 30  -  JTC is continually looking at innovative infrastructure solutions. UMA SHANKARI looks at its new projects and those already underway UMA SHANKARI INDUSTRIAL landlord JTC Corp has continued to support Singapore’s needs by developing innovative infrastructure solutions for businesses despite the challenging global economic environment of the past
      FILE PHOTOS  -  1,209 words
  • Page 30 Advertisements
    • 121 30 Watch your aerospace business take off at Set amidst a lush, sprawling park, the 300-hectare Seletar Aerospace Park is home to global industry players dealing in an entire spectrum of aerospace related activities. Network with esteemed names like Rolls-Royce, ST Aerospace, Jet Aviation and Eurocopter in Singapore's leading-edge aerospace park.
      121 words
    • 7 30 This series is brought to you by
      7 words

  • PROPERTY
    • 462 31 Number of mortgage loans in Aug drops to 45,000 from 47,000 in July Bloomberg [LONDON] UK mortgage approvals by Britain’s six largest banks fell for a third month to the lowest since April 2009 as the housing market showed signs of
      Bloomberg; BLOOMBERG  -  462 words
    • 239 31 Reuters [LONDON] Property asking prices in England and Wales fell for a third consecutive month in September and have lost half the gains they made in the six months of the year, a survey showed yesterday. Property website Rightmove, which claims to capture 90
      Reuters  -  239 words
    • 681 31 Soaring real estate prices negate zero interest rate loans Xinhua [PARIS] Laurent Takashu browses property announcements at a real estate agency as usual on his way home in Cercy Prefecture, northern suburbs in Paris. He has dreamed of owning his own house
      Xinhua  -  681 words
    • 832 32 Rental income from offices, malls boosts figures; net income climbs to HK$13.9b Bloomberg [HONG KONG] Sun Hung Kai Properties Ltd, the world’s biggest developer by market value, said full-year underlying profit rose 12 per cent after rental income from its offices and shopping
      Bloomberg; AFP  -  832 words
    • 544 32 Reuters [MUSCAT] Oman’s biggest property project is heading for a recovery after being hit by the global recession, as it benefits from heavy government spending since last year, a senior project official said yesterday. The project, Wave Muscat, will benefit from increased liquidity
      Reuters  -  544 words
  • Page 31 Advertisements
    • 61 31 OFFICE SPACE FOR REGENCY HOUSE 'X: iv\ 1 :\a 1 k t t m h it Ml UMffi i iiUSiSl w n Unit sizes from 1,700 sq ft to 3,500 sq ft Minutes walk to Dhoby Ghaut and Somerset MRT Stations Conveniently located near shopping, banking and postal service Ample
      61 words
    • 318 31 III! Cove Drive Elegant 6800/8000sqft 2 1/2 storey modern home Gracious master suite Lovely golf course views Asking $2800psf Paradj nd hWESS ndivi th, Asking $2800psf Ocean Drive Modern 6800/7300sqft 5+1 rooms Full panoramic seaview Asking $3500psf Treasure Island (3 viiias) Ranging fm 8500 12,000sqft land Variants of 9000 1
      318 words

  • Page 32 Advertisements
    • 174 32 World Renowned Lindsay Park ANGASTON, BAROSSA VALLEY, SOUTH AUSTRALIA Lindsay Park a unique investment opportunity One of Australia’s most prestigious and historic country estates with iconic homestead World-famous thoroughbred property established by the late Colin Hayes AM OBE in 1965 Strategically situated in Australia’s premier and internationally renowned wine region,
      174 words
    • 144 32 «Ay\ JONES LANG VJJIjj LASALLE Real value in a changing world For Sale By Expression Of Interest 18 New Industrial Road <D Land Tenure: Freehold 6-storey building 'Business V Zoning Site area: 30,221 sq ft Net Lettable Area: 52,564 sq ft Floor Loading 25kN/sqm (1F), 12.5kN/sqm (2F-6F) Ceiling Height: 4.6m
      144 words
    • 161 32 PRIME FREEHOLD RESIDENTIAL REDEVELOPMENT SITE FOR SALE Newton View Singapore Chinese Girls Sch J?" /b iF AngloUk-, <3? Chinese *'T r Sch (Pri) .-'O, Goodwood i? Residence Velocity Square 2 0K SON ROAD Or NOVENA zO SUBJECT PROPERTY United J° se Ph' s Institution bquare Junior Newton Circus Q 6
      161 words