The Business Times, 13 October 2010

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Total Pages: 40
1 42 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sft\ A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Wednesday, October 13,2010
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  • 667 1  -  Logistics firm breaking new ground with $600m Islamic Reit due to list by year’s end By JAMIE LEE [SINGAPORE] Freight Links Express Holdings expects to list Singapore’s first Shari’ah-compliant real estate investment trust (Reit) worth about $600 million by the end of the
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  • 141 1 ST INDEX 3,149.36 (-14.05) ST INDEX FUTURES 3,149.00 (-12.00) SIMSCI 369.12 (-2.20) SIMSCI FUTURES 369.10 (-1.70) FOREX US$ S$ US$ (S$ per US$) 1.309 (US$/S$ per 1.586 2.077 EURO (US$/S$/E) 1.380 1.807 Foreign currency per US$ S$ YEN 81.90 62.60 RM 3.108 2.373 HK$ 7.760 5.927 BAHT 30.01
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  • 49 1 From the dinner setting in the photo, you wouldn’t have guessed what these jubilant folks have done. But for these members of the OAAG team, what they did at the Sentosa Golf Club’s Serapong course yesterday was nothing short of remarkable. Full story, Page 4 ARTHUR LEE
    ARTHUR LEE  -  49 words
  • 829 1  -  By WINSTON CHAI [SINGAPORE] Billionaire Peter Lim has tabled a revised £360 million (S$742.8 million) cash offer for the embattled Liverpool Football Club (LFC) after being rebuffed the first time. Mr Lim, nicknamed “remisier king” as he made his fortune from stockbroking, emerged
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  • Page 1 Advertisements
    • 141 1 HOCK LOCK SIEW Win-win for Keppel Land and K-Reit? JADE TECH OCBC wins case against ex-client PAGE 2 TRANSPORT HUB Singapore queue for $1.25m Lexus continues PAGE 34 EXEC MONEY 6 investment themes for ‘new normal’ PAGE 4 PAGE 42 Full story, Page 4 8 *****1 *****4 4 v iO
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  • TOP STORIES
    • 565 2 Freight Links delivers IPO with a difference FREIGHT Links Express Holdings expects to list Singapore’s first Shari’ah-compliant real estate investment trust worth about $600 million by the end of the year, sources close to the deal told BT yesterday. The trust which would hold about $850 million of
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    • 702 2  -  Judge: Repeated misrepresentations by Soh resulted in takeover collapse By GRACE LEONG [SINGAPORE] A High Court judge has ruled that OCBC is not to blame for a botched $117 million takeover of Jade Technologies in 2008 by businessman Anthony Soh in what’s
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    • 548 2  -  Credit Suisse cites impact of slow US recovery on S’pore By MALMINDERJIT SINGH [SINGAPORE] The Republic may have to review its tools to tackle inflation as a slow economic recovery in the US may cause excess liquidity and, in turn, asset-price inflation here. According to
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    • 634 4  -  By KALPANA RASHIWALA [SINGAPORE] Hitachi Tower is now not expected to be put up for sale. The Goldman Sachs funds which own the 999-year leasehold office block along Collyer Quay are instead thought to be looking to refinance the loan on the asset
      FILE PHOTO  -  634 words
    • 494 4  -  Trust’s portfolio may include VivoCity, HarbourFront, PSA Building By LYNETTE KHOO [SINGAPORE] Mapletree Commercial Trust (MCT), which could include VivoCity, is expected to be ready for initial public offering (IPO) early next year. The trust is expected to raise at
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    • 500 4 [SINGAPORE] After a dramatic final round at Sentosa Golf Club’s Serapong course, OAAG came from behind to win the inaugural Business Times Corporate Golf League by a single point yesterday. The sharp-shooting team, comprising Nicklaus D’Cruz, Oscar Wallin, Daren Lim and Ooi Wai
      ARTHUR LEE  -  500 words
    • 733 4  -  HOCK LOCK SIEW By EMILYN YAP FOR economics students weaned on the principle of profit maximisation, the term “win-win” which buyers and sellers use so often to describe deals might sound like an incongruity. Looking at how the market reacted to the proposed asset
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  • Page 2 Advertisements
    • 575 2 KPMG Seminar Series SINGAPORE cìåÇë Mechanics of pool investing a~íÉë 25 26 November 2010 qáãÉ 9.00am to 5.00pm sÉåìÉ Orchard Hotel Singapore pÉãáå~ê cÉÉë Client S$918 per participant The pooling of investor funds is an alternative to individual investing. Collective investment vehicles offer investors a diverse balance of different investment
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    • 72 2 Watch PUBLIC INSIGHT tonight for real-time investment, real-life tips More listed companies on SGX are enjoying the benefits of television exposure on Public Insight programme. Seize the opportunity to leverage on our effective penetration to connect with institutional and retail investors throughout Asia! K r m M-l ■KMBWi INSI A
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  • Page 3 Advertisements
    • 58 3 Wealth Management Asset Management Investment Funds Custody Investor Services The expertise is local The network is global The independence is non-negotiable W Photograph by Brian Griffin Private bankers since 1805 Geneva Lausanne Zurich Basel London Luxembourg Frankfurt Paris Madrid Barcelona Turin Milan Rome Florence Dubai Singapore Hong Kong Tokyo Montreal
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  • Page 4 Advertisements
    • 82 4 "Pere Ocean is Singapore's favourite Mineral Distilled Water" 4 l!M|||M Survey conducted by The Nielsen Company in 2009 < 0 Hot Room Table Top Dispenser Hot Cold Dispenser .1 J Bottom Load Water Dispenser V ea 9< [flfr Wt**/ il For more information, Call us 6253 5888 or SMS to
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    • 55 4 KnightFrank.com.sg 9 Tampines St 92 Industrial Site for Redevelopment Land area: 8,444 sq m (approx 90,891 sf) Tenure: HDB lease: 30 30 years Plot ratio: 2.5, Zone: Business 2 Convenient access to PIE expressway For sale by Expression of Interest, please call for more information Kindly contact: Veronica Chao @9111
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    • 10 4 MIT IPO expected to raise up to $1.19b, Page 6
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  • Page 5 Advertisements
    • 1153 5 industrialtrust (a real estate investment trust constituted on 29 January 2008 under the laws of the Republic of Singapore) ROBUST RESILIENT RELEVANT REPUTABLE Offer for subscription by Mapletree Industrial Trust Management Ltd. Offering of 594,913,000 Units (subject to the Over-Allotment Option) Public Offer size: 106,145,000 Units1 Offering Price: S$0.93 per
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  • COMPANY NEWS
    • 603 6  -  Offer opens today and closes on Oct 18; unit trading may start on Oct 21 By LYNETTE KHOO MAPLETREE Industrial Trust (MIT) is expected to raise up to $1.19 billion in gross proceeds from its initial public offering (IPO), having priced
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    • 674 6  -  Aim is to recycle capital to invest in higher-return marts By LYNETTE KHOO GLOBAL Logistic Properties (GLP) may consider spinning off a real estate investment trust (Reit) to monetise its assets, particularly completed properties in Japan. “We are always exploring that option,” GLP chief
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    • 338 6  -  By TEH SHI NING ECS Holdings and UMS Holdings are the latest two in a growing pool of companies now eyeing a dual-list-ing. Infocomm technology solutions provider ECS is considering listing Taiwan Depository Receipts (TDRs), while semiconductor equipment maker UMS
      338 words
    • 550 7  -  Higher ad sales, profits from Sky@eleven boost bottom line By TEH SHI NING A REBOUND in advertisement sales plus property profits from Sky@eleven helped drive Singapore Press Holdings’ full-year net profit 18 per cent higher to $498 million, from last year’s $422
      FILE PHOTO  -  550 words
    • 453 7  -  They’ll pool part of their jet fuel, gasoil supply business By MICHELLE QUAH CHINA Aviation Oil (Singapore) Corporation (CAO) and BP Singapore have signed a four-year collaboration agreement, building on a relationship that began in 2006 when BP helped rescue a CAO felled by US$550
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    • 454 8  -  It will convert oil tanker into FPSO vessel for Teekay Petrojarl Reports by FELDA CHAY OFFSHORE and marine firm Sembcorp Marine has secured a $351 million contract to convert an oil tanker into a floating production storage and offloading (FPSO) vessel for Norweigian firm Teekay
      454 words
    • 325 8 KEPPEL Corp has issued $500 million of fixed-rate 10-year bonds, becoming the latest among blue chips to raise funds as the Singapore bond market hits new highs. The world’s largest rig builder said yesterday that net proceeds from the bond sale would be used for
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    • 306 9  -  Shares dive 22.5% on day’s top volume after last week ’s sparkling debut By LYNN KAN THE market has rained on Yamada Green Resource’s parade a swift reversal from Friday when the shiitake mushroom grower debuted on the Singapore Exchange main board. On Friday the counter
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    • 330 9  -  By AMIT ROY CHOUDHURY MICROSOFT Singapore, along with its partners, showcased new handsets running on the much-an-ticipated Windows Phone 7 operating system yesterday. According to Microsoft, the handsets will be available in Singapore from Oct 21. Singapore’s three telcos, Singapore Telecommunications,
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    • 431 9  -  STOCKS IN PLAY By LYNN KAN MORE flesh has been added to the skeletal details known about Biosensors International’s new majority shareholder Autumn Eagle. Two days ago, the stent maker said Autumn Eagle had bought over 319 million shares a 29.47 per cent stake.
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    • 375 9  -  By KAREN NG GMG Global’s unit GMG International SA has inked a joint-venture (JV) agreement with Societe De Production De Palmeraies ET D’Hevea (SPPH), a South African-based firm. Under the agreement, GMG SA and SPPH will set up a JV
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  • Page 6 Advertisements
    • 903 6 Register onl V *>■ im: X 4 lutions ;3 NU M CLEAN ENERGY EXPO ASIA 2010 set to drive sustainable energy growth in the region According to Bloomberg New Energy Finance, total new investment in sustainable energy worldwide reached $162 billion in 2009, nearly four times of 2004. With $65
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  • Page 7 Advertisements
    • 37 7 -vl Ghoice Bungalow>@ > "Watten EstateGlSben m m JERRY LUM Marketing Director, MBS, CES) HP 8288 0098 View jerrylum.myweb.sg IM Romantic Getaway MALDIVES! 5D3N Maldives Free Easy Airport Taxes fr $269 Global Holidays (TAOI3&I) Tel *****211 *****1 IP
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    • 117 7 The world could be powered by just 20% of its wind energy. Lick your finger and hold it in the air. Can you feel it? The gentle gust that ruffles our hair, dries our clothes and slams our doors could one day help power entire industries. It joins the sun's
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  • Page 8 Advertisements
    • 2919 8 LATITUDE TREE INTERNATIONAL GROUP LTD. NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that theAnnual General Meeting (~AGM~) of Latitude Tree International Group Ltd. (the ~Company~) will be held at Enterprise Room, Raffles City Convention Centre, Level 4, 80 Bras Basah Road, Singapore *****0 on Thursday, 28 October 2010
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    • 73 8 *****38 ARMENIAN* m mm 'A Va vs* m s a V/S/s Yj K r* Conserved shophouses with 6-storey new extension in historic location ~VTW J STRATA OFFICES FOR SALE LIMITED UNITS 24 boutique SOHO offices 549 1808sf, with ensuite shower Varenna Kitchenette, Miele Applicances American Oak Timber Flooring Immediate Occupation
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  • Page 9 Advertisements
    • 138 9 a## -r"> > n 1st floor, Documents to Martha on everything else to John in dispatch. r The best New Y traffic ;h market by day, ortcut by night. 'v m #v^S2SH Road sign to airport hidden. If you miss it, take the second left and then the third right.
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  • Page 10 / 11 Advertisements
    • 521 10 / 11 GLOBAL LOGISTIC PROPERTIES LIMITED CHINA (Company Registration Number: *****5832Z) (Incorporated in Singapore on 28 August 2007) JAPAN A MARKET LEADER IN MODERN LOGISTICS FACILITIES IN CHINA AND JAPAN Offer ClosesOct, 10aly No 14 Oct, 10am.pply Now! Apply Now! SERVINGASIA’S LARGEST ECONOMIES NETWORK OF25 MAJOR CITIES IN CHINA AND JAPAN 296
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  • Page 12 / 13 Advertisements
    • 1006 12 / 13 SINGAPORE PRESS HOLDINGS LIMITED Audited Results for the year ended August 31, 2010 (Extract) Incorporated in Singapore. Co. Reg. No. *****2868E GROWING WITH THE TIMES Record Operating Profit S$539M Total Dividend 27cents Record Operating Revenue S$1.4B Final Proposed 20 cents GROUP FINANCIAL HIGHLIGHTS 2010 S$’000 2009 S$’000 CHANGE Interim Paid
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  • SINGAPORE MARKETS
    • 600 14  -  Soft day overall for local market; support from Genting Singapore and Jardine group help limit STI’s loss STOCKS R SIVANITHY Senior Correspondent A SHARP drop in Hong Kong and Europe opening in the red yesterday meant a soft day overall for the local market
      Source: Bloomberg  -  600 words
    • 186 14 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 10 4 0 0 0 3 10 4 Manufacturing 30 84 79 4 7 17 34 91 96 Commerce 13 28 28 3 6 4 16 34 32 Tpt/Stor/Comms 11 21 11
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    • 121 14 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 29,660 29,660 68,394 68,394 Manufacturing 392,136 34,097 426,233 309,523 5,878 315,401 Commerce 83,173 17,743 100,916 91,025 3,011 94,036 Tpt/Stor/Comms 232,327 1,843 234,170 179,570 244 179,814 Finance 19,216 110 19,326 198,603 15 198,618 Construction 117,727 3,292
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    • 112 14 Stock name Close Change CapMallsAsia 2.210 -0.040 CapitaLand 4.170 -0.030 CapitaMall 2.110 -0.030 CityDev 12.780 +0.280 ComfortDelGro 1.500 -0.020 DBS Grp 14.400 -0.060 F&N 6.310 Genting SP 2.060 +0.040 Golden Agri 0.600 -0.005 HK Land 6.680 +0.050 JMH 47.660 -0.040 JSH 27.500 +0.160 Jardine C&C 38.520
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    • 851 14  -  DBS VICKERS SECURITIES, Oct 12 BROKERS’ TAKE Compiled by JAMIE LEE IT’S deal time again: Buoyant equity markets and macro recovery will accelerate mergers and acquisitions (M&As). We expect M&A deals to pick up soon not only because bank lending has resumed and current low interest
      Source: Bloomberg  -  851 words
    • 489 14 CURRENCIES Bloomberg [BANGKOK] Asian currencies fell for a second day, led by South Korea’s won, on concern policy makers around the region will intervene to check appreciation that may hurt exporters. The won dropped 1.3 per cent to 1,131.45 per dollar as of 3pm
      Bloomberg; BLOOMBERG  -  489 words
    • 4 14 DAILY
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    • 66 14 Oct 12 VALUE CLOSE BT OB/OS 214.00 +142.0 BT CADI -*****.00 -164.0 BT 10-day MA -*****.00 +21.00 FTSE ST Mid Cap 778.62 -5.22 FTSE ST Small Cap 579.51 -5.14 FTSE ST All Share 778.62 -3.95 FTSE ST China Top 288.91 -1.94 FTSE ST China 324.13 -0.94 FTSE
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    • 57 14 VOLUME Yamada 221,067,000 Genting SP 218,697,000 BerlianLaju 78,194,000 HLH Grp 72,169,000 Golden Agri 68,502,000 FreightLinks 68,409,000 *Genting HK US$ 34,787,000 Biosensors 34,639,000 Yongnam 22,201,000 Cosco Corp 21,034,000 VALUE($) Genting SP 450,650,180 Wilmar 74,876,670 Yamada 64,917,010 UOB 59,501,552 DBS Grp 58,961,226 SingTel 45,596,200 Golden Agri 41,442,035 OCBC Bk
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    • 107 14 BY CENTS CLOSE UP DBXT MSEurope 10US$ 4433 153.2 2.7 DBXT S&P500 10US$ 1824 66.8 2.9 DBXT S&P Short 10US$ 4957 62.8 1.0 DBXT iBoxxKR 5US$ ***** 41.9 0.3 CityDev.ES.1010 1286 32.0 2.6 CityDev 1278 28.0 2.2 Thai Prime Fd 900 23.6 2.0 JSH 2750 21.0 0.6 OCBC Bk
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    • 121 14 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-229.1 -1.2 DBXT MSKorea 10US$ 5211-167.6 -2.4 DBXT SPASX200 10US$ 3235 -91.6 -2.1 GLD 10US$ ***** -68.1 -0.4 SIA.ES.1010 1598 -60.0 -3.6 DBXT MSTaiwan 10US$ 1699 -53.7 -2.4 DBXT FTVietnam 10US$ 3688 -40.6 -0.8 Pru 500US$ 983 -40.6 -3.1 DBXT MSINDIA 10US$
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    • 5 14 DAILY
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  • Page 15 Advertisements
    • 189 15 Now open for business The products live today are Brent Crude Oil Futures denominated in Euros, WTI Crude Oil Futures, Euro-US Dollar Currency Futures and the first Gold Futures Contract settled via physical delivery in Singapore. It's time to take Singapore's financial services success to the next level. With special
      189 words

  • SINGAPORE NEWS
    • 366 16  -  Report sponsored by employers sees talent shortage in ageing workforce By NISHA RAMCHANDANI EMPLOYERS can use flexible work arrangements as a means of retaining older employees in order to benefit from their knowledge and experience. Failing to engage older employees could leave employers
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    • 304 16 BIKE enthusiasts who missed this year’s OCBC Cycle Singapore can start signing up for next year’s event, which will be held from March 4-6. And quite a few firsts are lined up for next year including a professional night race and
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    • 459 16  -  By DYLAN TAN CIVIL servant-turned-visu-al artist Amanda Heng is suitably nervous about being named as a recipient of this year’s Cultural Medallion. Known for her thought-provoking femi-nist-skewed works, the award has come as a surprise to her. “I’m not sure how to accept this.
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    • 994 18  -  Nordic Flow Control’s success can be attributed to its effective leadership By LIM JEN JONG, EMILY LOO, CHERYL LOY The writers are students ofNUS Business School WHAT started out as a five-strong outfit that gave after-sales services has grown into a 210-strong automation systems integration solutions
      ARTHUR LEE  -  994 words
    • 459 18  -  They must have investable assets of $5m or more By CONRAD TAN CITIBANK has launched a new credit card in Singapore for the very rich, aimed at catering to their lifestyle needs and whims. The new Ultima card, which will gradually replace the
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  • Page 16 Advertisements
    • 1259 16 KIAN ANN ENGINEERING LTD The Trusted Name In Heavy Machinery And Diesel Engine Parts (Company Registration No: *****1102H) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Kian Ann Engineering Ltd (“the Company”) will be held at The
      1,259 words
    • 186 16 CALLANDER MANAGERS S.A. Public limited company ("societe anonyme") 28, boulevard Joseph II, L-1840 Luxembourg Commercial and Companies Register Luxembourg B 28 949 NOTICE TO HOLDERS OF UNITS IN CALLANDER FUND The unitholders are hereby informed that the Board of Directors of CALLANDER MANAGERS S.A. has decided to transfer the registered
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  • Page 17 Advertisements
    • 134 17 .sV 1 i ft s -r, rv BUT IT S THE FIRST TIME YOU'D WATCH IT FROM THE VANTAGE POINT SPECIALLY ARRANGED BY OUR BESPOKE CONCIERGE. 4 M U? a mmi t 7/; '-A'' ev j 4n THE WORLD IS IN YOUR HANDS 2 I A •v. THE OCBC ELITE
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  • Page 18 Advertisements
    • 4161 18 [SATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg Goldtron Limited (Co Reg. no: *****0234E) (Incorporated In The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of GOLDTRON LIMITED ("the Company") will be held at Raffles Marina, Function Room 1, Level 2, 10
      4,161 words
    • 91 18 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. Nordic Flow Control was among the E50 winners in 2009. The annual E50 ranking is co-organised by The Business Times and KPMG, sponsored by OCBC Bank,
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  • NAVIGATE THE NEW
    • 1594 19  -  Other segments of the economy are witnessing a tightening up in the way businesses are run, reports MICHELLE QUAH MICHELLE QUAH THE global financial crisis has dramatically altered the regulatory landscape around the world changing the way companies, financial institutions, and other entities do business.
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  • Page 19 Advertisements
    • 183 19 08/2010 CPA*****0 Everything has changed After more than a year of market volatility, finance, accounting and business professionals are faced with a new landscape. Success depends on you. Experience CPA Congress 2010 the premium global event for strategic business leaders. Navigate the New with… An informative and engaging event where
      183 words

  • ECONOMY WATCH
    • 411 20 If country relies too much on resources rush, some areas may fall backwards AFP [SYDNEY] Australia risks developing a lopsided economy in which some areas boom while others fall backwards if it relies too much on the Asia-driven resources rush, Prime Minister Julia
      AFP  -  411 words
    • 286 20 Reuters [TOKYO] Japanese Finance Minister Yoshihiko Noda said yesterday that Japan will continue to take decisive steps against excessive currency moves, including intervention, helping the US dollar to recover further from a 15-year low against the yen. Mr Noda’s reiteration of Japan’s currency
      Reuters; REUTERS  -  286 words
    • 320 20 AFP [BEIJING] German Economy Minister Rainer Bruederle cautioned upon arriving in China yesterday that a global trade war was brewing, amid wide differences between key trading nations on currency policy. “The danger of a trade war has appeared on the horizon,” Mr Bruederle
      AFP  -  320 words
  • Page 20 Advertisements
    • 425 20 Win 2Tickets~lo The Seychelles Islands Log on to 11 sg;travel iers.c^m the ultimate travel resource by SPH V,r Content Powered By: t rednanosg tne seycneiies ISlSnQS Singapore's directory search engine another world t K)L sr m anPflf®!?, HaWK?| a Sin 20 Mastersio Annual Search For Singapore Hawker Maste NOMINATE WIN
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  • MALAYSIA/INDONESIA
    • 499 21  -  Largest, state-of-the-art facility to employ many more locals in high-skilled jobs By PAULINE NG HEWLETT-PACKARD (HP) has launched its global centre in Malaysia, with senior executives assuring that its largest state-of-the-art-facil-ity in Cyberjaya is poised to employ significantly more locals in high-skilled jobs. Fast-tracked
      499 words
    • 211 21 Reuters [JAKARTA] South Korea’s Hankook Tire will invest US$1.2 billion in the tyre industry in Indonesia, part of a wave of increasing Asian foreign direct investment in South-east Asia’s biggest economy. Indonesia’s investment agency, which expects up to US$10 billion of investment
      Reuters  -  211 words
    • 356 21 Reuters [SINGAPORE] Petronas Chemicals is looking to raise as much as US$4 billion in a Malaysian initial public offering (IPO), exceeding earlier estimates of over US$2 billion as it hopes to tap on strong global investor demand for Asian stocks. Asian capital markets are seeing
      Reuters  -  356 words
    • 624 21 Reuters Bloomberg [KUALA LUMPUR] Malaysia’s government is on track to meet its budget deficit target of 5.6 per cent of gross domestic product (GDP) in 2010 and is set for further budget consolidation in 2011, two government sources with direct knowledge of the
      Reuters; Bloomberg  -  624 words
  • Page 21 Advertisements
    • 283 21 LearningHub Transforming People (Q r > Our Strategic Partners: ©UC Berkeley Extension JURAN The Source for Quality THE W. EDWARDS DEMING INSTITUTE® NTUC LearningHub focuses on developing a new breed of professionals for the everevolving business landscape and is raising the bar on excellence by sharing global best practices in
      283 words

  • Page 22 Advertisements
    • 1474 22 ASIAN MICRO HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Company Number: *****1052K NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at Raffles Marina, 10 Tuas West Drive, Singapore *****4 on 28 October 2010 at 11.00 a.m. (or
      1,474 words
    • 2065 22 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg ASIAN MICRO HOLDINGS LIMITED (Company Registration No. *****1052K) (Incorporated in the Republic of Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Asian Micro Holdings Limited ("the Company") will be held at Raffles
      2,065 words
    • 410 22 FOOD JUNCTION HOLDINGS LIMITED (Company Reg. No. *****3470N) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of FOOD JUNCTION HOLDINGS LIMITED (the “Company”) will be held at Mandarin Suite, 5th Floor, Main Tower, Mandarin Orchard Singapore (formerly known
      410 words
    • 459 22 C.O.S.PRINTERSPTE. TD. t( t (the “Company”)) (Incorporated he epublic Singapor (Compan egis ationNo. *****539Z NEWSPAPER TICE NNOOTICE HEREB GIVEN pursuant Section 6(10)(h) he Companies Act, Chapt 50 Singapor he “Companies Act ),tthatanExtraordinar Gener Meeting fo f of C.O.S. inter Pte.Ltd. he “Company”)) wwaass dulyconenedandheldon October 20 and hefollowing esolution duly
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  • GREATER CHINA
    • 328 23 But investors still firm in belief that currency will rise, says forex regulator Reuters [BEIJING] China yesterday urged market players to get used to two-way exchange rate movements, saying that its policy of currency reform did not necessarily equate to yuan appreciation. Nevertheless, the
      Reuters  -  328 words
    • 541 23 NEWS ANALYSIS NYT [NEW YORK] A consortium of state-backed Chinese companies and financiers may make a takeover offer for fertiliser company Potash Corp that rivals a US$38.6 billion hostile bid from BHP Billiton, and that prospect has lawmakers in Washington, regulators in Canada
      NYT  -  541 words
    • 400 23 Bloomberg [SHANGHAI] China’s stocks entered a so-called bull market as a rally for commodity producers and automakers on improving earnings prospects drove the benchmark index to the highest level in five months. The Shanghai Composite Index, the larger of China’s two exchanges, rallied for
      Bloomberg; REUTERS  -  400 words
  • Page 23 Advertisements
    • 1616 23 ELITE KSB HOLDINGS LIMITED Registration No: *****0824G (Incorporated in Singapore) NOTICE OF 2010 ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2010 Annual General Meeting of the shareholders of the Company will be held at 8 Wilkie Road #03-01 Wilkie Edge Singapore *****5 on Thursday, 28 October 2010 at
      1,616 words
    • 112 23 SAMT INVESTMENTPTE TD SAMT HOTELSPTE TD FURAMAPTE C( C (Compan RegistrationNo*****1924R) C( C (Compan RegistrationNo*****9567C) C( C (Compan RegistrationNo*****0502G) NOTICEPURSUANT SECTION215C(5)(b)OFTHE OMPANIES CT(CAP50OFSINGAPORE) NOTICE HEREBYGIVENTHA each Samta estment SamtaHotels and ama ollectively the AAmmalgamating ompanies andeachan AAmmalgamating ompan ”)a ra aree cconsidering amalgamat and ntinue one ccompan ama beingtheamalgamated mpan
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  • INDIA
    • 528 24 Growth drops to 15-month low as capital goods output shrinks in August Reuters AP AFP [MUMBAI] Growth in India’s industrial production sagged to a 15-month low of 5.6 per cent in August as capital goods output, known for its extreme volatility, shrank
      Reuters; AP; AFP  -  528 words
    • 37 24 [NEW DELHI] England’s Max Brick (left) and Tom Daley showing their gold medals for the men’s 10-metre synchro platform diving event during the Commonwealth Games at the Dr SP Mukherjee Aquatics Center yesterday AP
      AP  -  37 words
    • 410 24 Valuation attractive compared to global peers, say analysts Reuters [MUMBAI] The initial public offering of the world’s largest coal miner, Coal India, is likely to fetch US$3.5 billion, more than initially estimated, driven by a stock market rally and strong interest in the
      Reuters  -  410 words
    • 139 24 Bloomberg Reuters [UNITED NATIONS] India was elected yesterday to the United Nations Security Council for the first time in 20 years, joining Brazil and South Africa in a bloc of emerging economic powers that may resist US pressure on Iran. India and South Africa were
      Bloomberg; Reuters  -  139 words
  • Page 24 Advertisements
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  • WORLD
    • 533 25 23.44% stake in US pipeline operator aimed at stable long-term returns Bloomberg [SEOUL] National Pension Service, South Korea’s biggest state fund, has bought Chevron Corp’s stake in Colonial Pipeline Co in partnership with Kohlberg Kravis Roberts Co to diversify its investment portfolio. The
      Bloomberg  -  533 words
    • 887 25 AFP AP [SYDNEY] Australian opera legend Dame Joan Sutherland was hailed as “La Stupenda” and “voice of the century” yesterday after she died following a long illness aged 83, leaving behind an extraordinary musical legacy. Lavish tributes poured in for the legendary soprano,
      AFP; AP; PHOTOS: AP  -  887 words
    • 416 27 It will start with small amounts; tender to pick fund managers launched Reuters [TOKYO] Japan’s public pension fund, the world’s largest, will invest in emerging markets for the first time, albeit a small amount, in a baby step towards taking on more
      Reuters  -  416 words
    • 306 27 AFP [TOKYO] The eldest son of North Korean leader Kim Jong-Il said that he opposes the hereditary transfer of power to his brother in the communist state, in an interview with Japan’s TV Asahi broadcast yesterday. “Personally I am opposed to the hereditary transfer to
      AFP  -  306 words
    • 195 27 Bloomberg [FRANKFURT] Inflation in Germany, Europe’s largest economy, accelerated in September, led by increasing prices for heating oil and food. The inflation rate, calculated using a harmonised European Union method, rose 1.3 per cent from a year ago after increasing one per cent in August,
      Bloomberg  -  195 words
    • 400 27 They are lining up on opposite sides in key Senate race AP [WASHINGTON] Former US president Bill Clinton and ex-Alaska governor Sarah Palin are lining up on opposite sides in West Virginia’s Senate race, a key contest that could determine control
      AP  -  400 words
  • Page 25 Advertisements
    • 118 25 re Some Things-lo-Lif Your health is clearly on 60 medical specialists, MED!i§AL§ERl| Aesthetics/Cosmetic Surgery Anaesthesiology Anti-aging Cardiology Colorectal Surgery Day Surgery Centre Dentistry Dermatology Ear, Nose Throat (ENfli Fertility Centres General Practioners General Surgery Geriatric Medicine Hand Surgery Laboratory Multi Specialist General Surgery Geriatric Medicine Laboratory Multi Specialist Obstetrics and
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  • Page 26 Advertisements
    • 3363 26 epicentre EPICENTRE HOLDINGS LIMITED (Incorporated In the Republic of Singapore) (Company Registration No. *****2930G) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of EPICENTRE HOLDINGS LIMITED ("the Company") will be held at 1 Plymouth Avenue, Raffles Town Club, Dunearn 3, Level 1, Singapore *****3
      3,363 words
    • 3633 26 SUN EAST GROUP LIMITED (Incorporated in Bermuda) (Company Registration No. *****) NOTICE OF ANNUAL GENERAL MEETING 2009 NOTICE IS HEREBY GIVEN that the Annual General Meeting 2009 of Sun East Group Limited (the “Company”) will be held at FTSE Room, Level 9, 168 Robinson Road, Capital Tower, Singapore *****2 on
      3,633 words

  • Page 27 Advertisements
    • 322 27 Swiss quality also stands for dynamism. Ensuring your success with global mailings. SwissPostoffersyoucross-bordermailing options to make your business even more successful.You can count on us for daily mail, direct mailings, newspapers, magazines and small consignments. With our flexibility, innovativeness and reliability we are your partner for international mailings. Further information
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  • Page 28 Advertisements
    • 3952 28 M A G N U S E N E R G Y MAGNUS ENERGY GROUP LTD. (Company Registration No. *****1375M) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of MAGNUS ENERGY GROUP LTD. (“the Company”) will be held
      3,952 words
    • 938 28 LONGCHEE HOLDINGSLIMITED (Incorporated Bermud NOTICEISHEREBYGIVENthattheAnnuaGeneraMeetin LONGCHEERHOLDINGSLIMITED(the~~~ ~Company willbeheld ParkHotelClarke Quay anKleefRoom,Level UnityStreet,Singapore***** onFriday29October2010 9.30a.m.forthefollowingpurposes: ASORDINAR BUSINES .1 1. TToo receiveandadopttheDirectors ReportandtheAuditedAccounts theCompanyforthef if financi yearended30June2010togethe withthe Audito Reporthereo (Resolution .2 2. TToo decla f if finaldividend S$0.02perordinaryshare,taxnotapplicable forthef if financi yearended30June2010(2009S$0.01 perordinary share) (Resolution .3 3. TToo re-ele thefollowingDirecto retirin
      938 words

  • ASIA-PACIFIC/WORLD
    • 618 29 Analysts see little impact of the latest govt move on currency, bonds Reuters [BANGKOK] The Thai government agreed yesterday to impose a 15 per cent withholding tax on interest and capital gains earned by foreign investors on Thai bonds, the
      Reuters; AFP  -  618 words
    • 519 29 AFP [BEIJING] More than half of the 20 richest self-made women in the world are Chinese, with their average fortune beating that of US talk show host Oprah Winfrey and author JK Rowling, a list showed yesterday. The three richest women on the planet
      AFP  -  519 words
    • 410 29 AFP Bloomberg [NEW YORK] Half of Wall Street finance professionals surveyed expect their bonuses to increase for 2010, eF inancialCareers .com found. About 71 per cent of the 2,145 people who responded to the e-mailed poll in the US said they
      AFP; Bloomberg  -  410 words
    • 297 29 Bloomberg [LONDON] John Browne, the former chief executive officer of BP Plc asked to review UK university funding, rejected the option of a graduate tax and proposed removing the current cap on tuition fees. Mr Browne’s report, which isn’t binding on the
      Bloomberg  -  297 words
  • Page 29 Advertisements
    • 330 29 NET CIFICFINANCIALHOLDINGSLIMITED (Incorporated Singaporeon uar 2003) (Compan registrationno *****0326D) NOTICEOFEXTRAORDINAR GENERALMEETING NOTICEISHEREBYGIVENTHA anExtraordinar Gener Meeting Net acific Financial HoldingsLimited(the Compan will beheld WilkieRoad,#03-01WilkieEdge ingapore *****5on Noember2010 9.30a.m. thepurpose consideringand, thoughtfit,passing with withoutmodificationsthe ollowingresolutions whichResolution will beproposedasan ordinar esolutionandResolution willbeproposedas specialresolution: RESOLUTION (ORDINAR RESOLUTION) AApppprova fo oposedChang of uditor Thatappro beand
      330 words
    • 1478 29 NOTICES BUY IT-SELL IT-FIND IT Q9 GO FUNG CHOI MEDIA GROUP LIMITED (Incorporated in Bermuda on 26 February 2004) Company Registration Number ***** NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Holiday Inn Singapore Orchard City Centre,
      1,478 words

  • EDITORIAL & OPINION
    • 502 30 EDITORIAL ONE of the most common criticism of senior management in listed companies is that it is a closed “old boy’s club” where owners or controlling shareholders appoint compliant cronies as directors, resulting in a heavy concentration of directorships in the hands of a few. When
      502 words
    • 1052 30  -  Bond bubble, trade war are risks to recovering global economy, says contrarian economist VIKRAM KHANNA Associate Editor THE global economy will avoid a double-dip recession, but in the unlikely event that there is another systemic economic shock, it will be more dangerous than
      JOYCE FANG/THE STRAITS TIMES  -  1,052 words
    • 758 30  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator IN China’s upside down world where black is white, the great honour of the Nobel Peace Prize being given to Liu Xiaobo, a writer, intellectual and human rights activist,
      758 words
    • 1551 31  -  The spectre of ‘currency wars’ followed maybe by protectionism and trade wars loomed over the IMF/World Bank meetings ANTHONY ROWLEY The writer is The Business Times Tokyo correspondent NO ONE but the most determined optimist could have come away from last weekend’s annual meetings of
      BLOOMBERG  -  1,551 words
    • 854 31  -  LEON HADAR Washington Correspondent AFTER global financial leaders failed to diffuse a potential currency war over the weekend, the US dollar continued falling against some major world currencies on Monday. The decline in the US dollar reflected concerns over currency imbalances in
      AFP  -  854 words


  • Transport HUB
    • 898 32  -  Stamping out liner conferences could speed up consolidation and fewer competing lines STRAIT TALK By DAVID HUGHES THECompetitionCommission of Singapore is currently holding a public consultation on Proposed Block Exemption Orders that would enable the liner shipping industry to continue to
      898 words
    • 240 32 Bloomberg [SINGAPORE] STX Offshore Shipbuilding Co, owner of Europe’s largest shipyard, said it won a US$1.4 billion order to build 10 container ships for a European shipowner, its biggest contract in more than three years. The contract calls for the company to build four
      Bloomberg; BLOOMBERG  -  240 words
    • 392 33  -  Asia-Pac’s share of worldwide deliveries increased from 10% in ’08 to 12% in ’09 By NISHA RAMCHANDANI ORDERS for business jets are expected to pick up this year as demand returns, according to aircraft manufacturer Embraer (Asia-Pacif-ic). “We see a lot of potential
      LIANHE ZAOBAO  -  392 words
    • 195 33 AP [PHNOM PENH] Cambodian aviation authorities issued a vague apology yesterday for confusion over flight disruptions, saying weather conditions did not force the closure of its two international airports as stated a day earlier. “No flight disruption or weather-related delays (have) occurred. Any
      AP  -  195 words
    • 226 33 Reuters [TOKYO] Thai Airways International Pcl said yesterday it is suing Japan’s Koito Industries for around US$180 million for the delayed delivery of aircraft seats. Shares of Koito Industries extended losses and have fallen 12 per cent since news of the lawsuit broke on
      Reuters  -  226 words
    • 584 33 Reuters [JERUSALEM] An anti-hi-jack code system that Israel had planned to require of all incoming planes has been bogged down by protests from pilots who argue it would raise new risks, including being shot down by accident. Israel issued the Security Code System (SCS),
      Reuters  -  584 words
    • 423 33 More landing rights for UAE airlines the sticking point AFP [OTTAWA] An aviation row has forced Canada to prepare the evacuation of a military base in the United Arab Emirates (UAE), a key supply route to Afghanistan, Canadian Defense Minister Peter MacKay
      AFP  -  423 words
    • 3009 33 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi KU6457 1230 SQ456 1250 SQ457 1230 EY470 2220 Adelaide LH9771 1745 9W4082 2230 SQ278 1745 AF8088 2230 VS7268 1745 BA7382 2230 --JL5083 2230 MU8214 2230 QF82 2230 LH9770 2350 SQ279 2350 VS7279 2350 Ahmedabad NH6293 0710 SQ531 0710 Amsterdam
      3,009 words
    • 648 34  -  Borneo Motors is hoping for a sixth unit to be allocated to Singapore By SAMUEL EE SINGAPORE has been allocated a fifth unit of the limited edition Lexus LFA supercar and authorised distributor Borneo Motors Singapore is hoping for a sixth because of its
      648 words
    • 341 34 Bloomberg [MICHIGAN] General Motors (GM), the largest US carmaker, is disputing accusations that its low-emis-sion Chevrolet Volt is a hybrid and not a true electric vehicle a month before the car goes on sale. Car critics Edmunds. com, Motor Trend, and Popular Mechanics have
      Bloomberg  -  341 words
    • 157 34 Reuters [BEIJING] Carmakers in China shipped 19.3 per cent more passenger cars to dealers in September from a year ago, official data showed, extending a rebound begun in August ahead of the peak car sales season. Market demand is likely to
      Reuters  -  157 words
  • Page 32 Advertisements
    • 48 32 DB SCHENKER Delivering solutions. The main artery of Asia's economy: our Tradelanes. u. r i sJj# 1 ,u\ i\Tl ■4 1 wr*v;.' .<r Z tW *1 1 H x f 1 1,1 W J J? tm* K^sse i i jr v «-,...i i. <9u V' M I tr~Wf
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  • Page 33 Miscellaneous
    • 311 33 CRYPTIC CROSSWORD Across 1 Winner given embrace by old writer (6,4) 6 Cunning tramp miles away (4) 9 Happen to reach route through mountains (4,2,4) 10 Touch a bottom? Almost (4) 12 Free bar (4) 13 Governess bringing in a ring for religious leader (9) 15 Machinist’s function (8) 16
      311 words

  • Page 34 Advertisements
    • 2913 34 OLAM INTERNATIONAL LIMITED (Company Registration No. *****4676H) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixteenth Annual General Meeting of Olam International Limited ("the Company") will be held at 2 Shenton Way, SGX Centre 1, SGX Auditorium Level 2, Singapore *****4
      2,913 words
    • 1665 34 NOTICES BUY IT-SELL IT• FIND IT A- i fJ g K11 HAFARY HOLDINGS LIMITED (Company Registration No.: *****8637C) (Incorporated In The Republic of Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hafary Holdings Limited ("the Company") will be held
      1,665 words

  • SINGAPORE STOCKS
    • 9063 35 Transaction date: Oct 12 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 14.5 3148 8Telecom 18.5 18 19 1.7 9.8 5.9 88.6 12 5 5834 A-Sonic 6 unch 451
      9,063 words
    • 1724 36 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 1181 t AA Grp 4.5 4 5 25 4.3 225 130 6222 t APStrategic 161 -1 11 161 154 154
      1,724 words
    • 842 36 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 $mil 124 107 6389 ABF SG Bond ETF 116 115 122 529.5 1016 757 CIMBAsean40 100US$ US1008 1002 1010 40.3 323 262 DBS STI ETF
      842 words
    • 259 36 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 $mil 56 38 6000 AVJennings A49 -0.5 13 49 49 49 50.5 3.6 7.1 3.9 127.6 55 16 6017 Genting HK US$ US43.5 unch *****
      259 words
    • 9380 36 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.28/ APS Alpha Fund (USD)!** 0.98/ 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
      9,380 words
  • Page 35 Advertisements
    • 66 35 FRANCK MULLER BOUTIQUE 01-07 ION ORCHARD (65) 6509 3380 B1-19 THE SHOPPES AT MARINA BAY SANDS (65) 6634 8825 SINCERE FINE WATCHES NGEE ANN CITY (65) 6733 0618 LUCKY PLAZA (65) 6737 4593 SUNTEC CITY (65) 6337 5150 THE SHOPPES AT MARINA BAY SANDS (65) 6634 9782 VIVOCITY (65) 6278
      66 words


  • FINANCE & COMMODITIES
    • 374 37 In local curr In S$ In US$ dy yr dy yr dy yr Oct 11 Index Change Change Change Change Change Change World Index Preliminary 848.2 0.2 1.9 0.2 -3.6 0.1 3.7 EAFE Preliminary 774.5 0.3 -1.3 0.1 -5.2 0.1 2.0 Europe Preliminary 1136.4 0.3
      374 words
    • 132 37 Oct 12 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2730 1.3110 Can dollar 1.2840 1.2990 Euro 1.8050 1.8240 NZ dollar 0.9740 0.9950 Sterling pound 2.0670 2.0900 US dollar 1.3010 1.3160 Local dollars to 100 units of foreign
      132 words
    • 29 37 Oct 12 Open High Sett STI Oct 3160 3160 3149 SIMSCI Oct 371.0 371.3 369.1 Taiwan Oct 287.2 288.4 283.9 Source: MF Global (S) Pte. Ltd
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    • 177 37 Oct 12 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.07 US$ Offer Bid 7 days 0.35 0.25 1 month 0.48 0.28 2 months 0.50 0.30 3 months 0.53 0.33 6 months 0.62 0.52 9 months 0.80 0.60 12
      177 words
    • 22 37 Oct 12 S$ Bid Offer 1-month 1.3092 1.3096 2-months 1.3092 1.3096 3-months 1.3092 1.3096 6-months 1.3092 1.3097 Source: OCBC
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    • 66 37 Oct 12 KLCE PALM FUTURES (RM/MT) Delivery Opening Last Av Vol Open Month Range Price Price High Low Done Position Oct 10 2900 2870 2900 2880 90 145 Nov 10 2901 2901 2925 2888 1404 7442 Dec 10 2904 2900 2925 2878 ***** ***** Jan 11 2904 2903
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    • 418 37 Oct 12 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec10 99.6800 0 7615 Mar11 99.6450 0 1712 Jun11 99.6000 0 1754 Sep11 99.5300 0 1616 EUROYEN TIBOR FUTURES Dec10 99.6825 99.6825 99.6825 99.6825 0 2786 Mar11 99.7100 99.7100 99.7100 99.7075 0 1454 Jun11 99.7300 0 2574
      418 words
    • 134 37 Oct 12 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Nov 10 392.0 390.0 391.8 20 Dec 10 391.0 Jan 11 392.0 Feb 11 393.0 Mar 11 394.0 394.0 394.5 10 Apr 11 396.0 May 11 396.0 Jun 11
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    • 86 37 Oct 12 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****S 13.01.2011 0.29 1-Year BY*****W 03.05.2011 0.33 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 104.13 5-Year N*****0S 2.875 01.07.2015 109.43 109.43 109.43 7-Year N*****0Z
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    • 105 37 Oct 11 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 10 1152.50 1135.00 1188.75 1150.75 Jan 11 1163.00 1145.00 1198.00 1161.00 Mar 11 1172.25 1153.25 1206.00 1169.75 May 11 1177.50 1157.25 1210.00 1172.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct 10 45.98 46.22 47.10
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    • 77 37 CRUDE OIL PRODUCTS Oct 11 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 84.32 -0.50 WTI (Near Mth) 82.04 -0.74 Dubai (1-Mth F) 81.74 1.68 Tapis blend 91.05 1.85 Minas 84.30 1.85 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 83.11 3.11 Jet Kerosene 94.65 1.05 US$/barrel Opec Oil
      77 words
    • 2334 37 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 4869 A-Sonic Aerospace W*****0 2.5 unch 483 1 3 -8 2.40 2 6221 Asia-Pacific Strategic W*****6 39 1 150 17 4.13 43 6227 ASJ W*****1 2.5 548 1 4
      2,334 words
    • 5701 38 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. 1 **********W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads
      5,701 words
    • 464 37 Oct 12 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.995 6.524 0.708 7.587 43.706 87.358 0.801 11.064 3.038 1.305 84.127 42.728 1.280 6.756 0.949 30.369 29.344 0.616 0.978 Canada 1.005 6.559
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    • 85 37 Oct 12 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • 154 37 Oct 12 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2796 1.2807 0.9774 0.9779 Canadian dollar 1.2864 1.2878 0.9826 0.9834 Euro 1.8071 1.8079 1.3803 1.3805 NZ dollar 0.9803 0.9817 0.7488 0.7496 Sterling pound 2.0763 2.0775 1.5859 1.5864
      154 words
    • 139 37 Oct 12 GOLD (US$/oz) Oct 12 Oct 11 Hong Kong 1343.00 1350.40 Oct 11 Oct 08 London 1347.45 1347.65 1347.95 1348.00 CAST BAR Oct 12 (S$) Selling Buying Kilobar 60,700.03 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 136 57 5gm 386 283 10gm 690 566 20gm 1299
      139 words
    • 69 37 Oct 11 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2364.25 2385.75 3 months 2400.00 2420.00 Copper, Grade A (US$/tonne) Cash 8283.00 8304.00 3 months 8290.00 8310.00 Lead (US$/tonne) Cash 2286.00 2243.75 3 months 2315.00 2272.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • 82 37 Oct 11 COCOA (£/tonne) Close Prev High/Low Dec 10 1905 1870 1905/1860 Mar 11 1929 1892 1929/1884 May 11 1946 1910 1947/1903 Jul 11 1962 1927 1953/1932 COFFEE (US$/tonne) Close Pev High/Low Nov 10 1627 1655 1658/1625 Jan 11 1661 1687 1690/1658 Mar 11 1682 1710 1712/1681 May 11
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  • Page 40 Advertisements
    • 394 40 A prosperous Asian bond investment requires a wide variety of choices. r > w 1 €w i < *7 <- v fe? WT x i fv iA MS 4 M f R* v PHP U a R 4CKT* r_ r'.'l A HPS' .Tis r i<>i v r\ 1 /£*> /Vj
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  • Page 41 Advertisements
    • 849 41 Extra $300, $500 or $600 Instant Cash OFF (4 17 Oct) Valid for new bookings for selected tours departures with min. spend for DBS POSB credit cardmembers, visit www.chanbrothers.com for terms conditions We Are the Winner of Best Travel Agency Singapore in 21st TTG Travel Awards 2010 But You Deserve
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    • 172 41 Aalto University Executive MBA Aalto University EMBA Participants: Ee Fook Ming, June Chua, Nicholas Burton Helsinki School of Economics is now Aalto University, Finland's largest and leading institution. Aalto University is an innovative merger of Helsinki School of Economics, Helsinki University of Technology and the University of Arts Design, Helsinki
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  • executive Money
    • 1193 42  -  Confusing as market conditions are after the global financial crisis, here are some useful guidelines to steer the investor MONEY MATTERS LIM SAY BOON Lim Say Boon is chief investment officer, DBS, Private Banking ASSET/FINANCIAL markets under the so-called “new normal” that is, the
      Source: Bloomberg; Source: IMF  -  1,193 words
    • 1025 40 The yellow metal is trading at more than US$1,300 an ounce yet investors are flocking to it NYT [NEW YORK] GOLD evokes emotions from investors like few other investable assets. Whether it is increasing or decreasing in value, people usually have an interest
      NYT; FILE PHOTO  -  1,025 words
    • 922 41  -  Understanding the impact of taxation is one of the many aspects of advice that clients need, reports GENEVIEVE CUA GENEVIEVE CUA THE pressure for tax compliance by the wealthy is emanating from Europe and the US, but it is wending its way almost inexorably to
      STOCK.XCHNG  -  922 words
  • Page 42 Advertisements
    • 102 42 Natural Resources Funds There are many natural resources funds, but only one with the right signature. With so many funds on the market, how do you narrow the field? Simply look for funds bearing a signature you can trust J.P. Morgan. Talk to your investment advisor about natural resources funds
      102 words
    • 9 42 TAXATION In need of holistic tax advice PAGE 41
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