The Business Times, 25 February 2011
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2011-02-25
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The Business Times
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Title Section23 2011-02-25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfJl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, February 25,201123 words
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Article, Illustration989 2011-02-25 1 MICHELLE QUAH; ANDREW MARKS - Brent crude surges towards US$120, raising inflation alarm; Saudi factor now in focus By MICHELLE QUAH With additional reporting by ANDREW MARKS ANDREW MARKS [SINGAPORE] Oil prices soared to their highest level in more than two years yesterday, as the unrest989 words
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Article, Illustration662 2011-02-25 1 UMA SHANKARI - He sees 3-5% dip in private home prices, says sales are down By UMA SHANKARI [SINGAPORE] City Developments, Singapore’s secondlargest property developer by market capitalisation, expects private home prices to fall 3-5 per cent this year on account of the chill from662 words
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Article143 2011-02-25 1 H ST INDEX 2,973.08 (-28.77) H ST INDEX FUTURES 2,973 (-29) HSIMSCI 351.31 (-3.76) HSIMSCI FUTURES 350.90 (-3.90) FOREX US$ S$ US$ (S$ per US$) 1.282 (US$/S$ per 1.615 2.070 EURO (US$/S$/E) 1.371 1.758 Foreign currency per US$ S$ YEN 81.90 63.80 RM 3.071 2.395 HK$ 7.795 6.079143 words
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Advertisement85 2011-02-25 1 EXEC LIFESTYLE Social media guide to the Oscars PAGE 25 THE During the crisis we were worth about US$400 million. Today we’re worth close to US$40 billion. Las Vegas Sands chairman and CEO Sheldon Adelson, in The Raffles Conversation tomorrow «JP BREI 18 LING 14 METRE IFIE^ K 5* CH85 words
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Advertisement9 2011-02-25 1 INVESTMENTS US still prime destination for GIC PAGE 29 words
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Advertisement8 2011-02-25 1 ELECTIONS 12 single-member constituencies in nextGE PAGE 48 words
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Advertisement15 2011-02-25 1 FESTIVALS AROUND THE WORLD Kids are the VIPs in this fiesta PAGE 29 *****1 *****415 words
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TOP STORIES
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853 2011-02-25 2 LEE U-WEN - He joins select list of people who received Foreign Policy Association medal By LEE U-WEN [SINGAPORE] Despite its numerous economic and political problems of late, the US still remains a “prime destination” for the Government of Singapore Investment Corp’s (GIC) investments853 words
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973 2011-02-25 2 KALPANA RASHIWALA - CapitaLand’s $869 psf ppr bid is 27% above KepLand’s By KALPANA RASHIWALA [SINGAPORE] CapitaLand yesterday set a new record for 99-year-leasehold suburban condominium land, bidding $869.36 per square foot of potential gross floor area for a plum condo site near Bishan MRT Station973 words
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Article385 2011-02-25 2 Fear drives oil prices, but pain may be real OIL prices soared to their highest level in more than two years yesterday, as the unrest in Libya the first oil-producing country to be hit by the wave of revolts in the region showed few signs of abating. Fears385 words
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751 2011-02-25 2 Reuters AP AFP [BENGHAZI] Forces loyal to Muammar Gaddafi yesterday launched a counter-at-tack as rebels threatened the Libyan leader’s grip on power by seizing important towns close to the capital. The opposition already controls major centres in the east, includingReuters; AP; AFP - 751 words
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Article32 2011-02-25 2 WE wish to clarify that the net asset value of the DB Platinum IV Booster Capital Guaranteed Fund SGD on Dec 30, 2010, should be S$10.54, and not S$10.90 as published.32 words
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Article, Illustration517 2011-02-25 4 CHUANG PECK MING - Govt accepts report of boundaries panel; constituencies up for grabs rise to 27 By CHUANG PECK MING [SINGAPORE] The Electoral Boundaries Review Committee report was released yesterday, signalling that the next general election may not be far away. The government has accepted the report,Source: Elections Department - 517 words
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583 2011-02-25 4 LYNETTE KHOO - By LYNETTE KHOO [SINGAPORE] The Singapore Exchange (SGX) yesterday reminded directors of listed companies that they need to determine if proposals of restructuring or spin-offs are in the interests of shareholders. On top of that, directors now need to demonstrate to the Exchange that583 words
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Article, Illustration399 2011-02-25 4 SIOW LI SEN - By SIOW LI SEN [SINGAPORE] The Singapore swap offer rate (SOR) plummeted to fresh lows yesterday on further inflationary worries stoked by the turmoil in Libya. The three-month SOR which is charged on many home loans fell to 0.*****, halving fromSource: Bloomberg - 399 words
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Article, Illustration678 2011-02-25 4 ANTHONY ROWLEY - By ANTHONY ROWLEY in Tokyo FINANCIAL market fallout from the Middle East crisis became more widespread yesterday across stock, currency and commodity markets as fears increased that advanced and emerging market economies alike could take a strong hit to theirAP - 678 words
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Advertisement42 2011-02-25 2 True Luxury Amber Residences Freehold 2,3 4 Bedrooms plus Penthouses Price from $1,300 psf, TOP Q1 2011 mM JERRY LUM ±21 Snr Marketing Director, MBA, CES HP:*****098 View: jerrylum.myweb.sg feKA Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Apology Notices42 words
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Advertisement39 2011-02-25 2 BEST,VALUE FOR 5 mins to Orchard/Ngee Ann City FH, Good Finishes/Location Breezy, Unblocked High fir Leonie Pare View, 2013sf (New) Next to Embassy ssinsmi Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Apology Notices MATS NOTICES 139 words
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Advertisement203 2011-02-25 3 www.vw.com.sg New Touareg. uu 4. m Touareg I V/ a Winner of the toughest race in the world, for the third year running. More than just a rally, the Dakar is the toughest endurance race in the world. Over 9,000 km crossing dunes, mud, camel grass, mountains and deserts. And203 words
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Advertisement98 2011-02-25 4 THE MONETARY AUTHORITY OF SINGAPORE Results of auction of taxable book-entry Singapore Government Bonds to be issued on 1 Mar 2011 Tenor Approximately 20 years Total Amount Allotted SGD 1,100,000,000 Amount Allotted to Non-Competitive Applications SGD 186,496,000 Amount Allotted to MAS** SGD 100,000,000 Total Amount Applied SGD 2,095,418,000 Coupon Rate98 words
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Advertisement19 2011-02-25 4 Choose from Prime Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Tenders Auctions Notices MATS NOTICES19 words
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Advertisement345 2011-02-25 5 Discover a new dimension of fine living Experience the full splendour of life. A new paradigm of fine living on the celebrated East Coast, Silversea Elan opens up a sea of luxuries. At the peak of perfection, exquisite finishes and fittings create a residence of unparalleled sophistication. The collection includes345 words
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COMPANY NEWS
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Article, Illustration531 2011-02-25 6 UMA SHANKARI - Full-year profit also increases by 26% to $749m from $593.4m in 2009 By UMA SHANKARI CITY Developments yesterday said that net profit in the quarter ended Dec 31, 2010 climbed 41 per cent to $249.2 million from $176.7 million a year earlier. EarningsFILE PHOTO - 531 words
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Article, Illustration438 2011-02-25 6 JERMAINE NG - By JERMAINE NG THANKS to higher turnover and gains from investment properties, Ho Bee Investment achieved a 168.3 per cent surge in fourth-quarter net profit to $115.6 million, from $43.1 million a year earlier. Revenue for the three months ended Dec 31,438 words
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483 2011-02-25 6 EMILYN YAP - AUM target of $20b by 2012 in sight, says fund manager By EMILYN YAP ARA Asset Management, which posted an 83 per cent jump in its fourthquarter net profit, is working on listing around three real estate investment trusts (Reits) in the next483 words
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261 2011-02-25 6 JERMAINE NG - By JERMAINE NG HOTEL Grand Chancellor Christchurch, owned by Singapore firm Hotel Grand Central, is in danger of collapsing. The group announced yesterday that in a worst case scenario, the building in New Zealand’s Christchurch is unstable and may possibly collapse. Hotel Grand261 words
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699 2011-02-25 6 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY ALTHOUGH the Singapore Exchange (SGX) has pulled out all the stops to sweeten its takeover offer for the Australian Stock Exchange (ASX), signs from Down Under are not overly encouraging that the takeover will be given699 words
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562 2011-02-25 6 JOYCE HOOI - Itochu to take 20% stake in the firm’s unit, KS Drilling By JOYCE HOOI KS Energy Services declared a net loss of $98.4 million for the full year, against a restated net profit of $40 million the year before. Its share price also dropped562 words
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454 2011-02-25 6 NISHA RAMCHANDANI - By NISHA RAMCHANDANI SOME seven months after bowing out of the take-over battle for Parkway Holdings, Indian billionaires Malvinder and Shivinder Singh are re-entering Singapore’s healthcare scene with the $33 million acquisition of an upcoming cancer hospital from First Real Estate Investment Trust454 words
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Article, Illustration383 2011-02-25 7 FELDA CHAY - The group currently owns over 441,032 sq m of logistics facilities in the city By FELDA CHAY GLOBAL Logistic Properties (GLP) is pumping in US$200 million into a joint venture with a wholly owned entity of the Suzhou government to develop a383 words
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333 2011-02-25 7 LINETTE LIM - By LINETTE LIM ASCENDAS India Trust (a-iTrust) announced yesterday that it will acquire five buildings in Hyderabad, India with a total built-up area of 2.2 million square feet. Two of the buildings which are completed and 100 per cent occupied will333 words
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342 2011-02-25 7 TAN SHIHAO SEAN - By TAN SHIHAO SEAN BREADTALK Group posted a fourth-quarter net profit of $5.4 million, up 63.5 per cent from $3.3 million a year ago. The surge came on the back of a 22.1 per cent rise to $83.3 million in revenue for342 words
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438 2011-02-25 7 EMILYN YAP - It plans to build some 1,900 residential units By EMILYN YAP WHEELOCK Properties (Singapore) is buying five sites in China for a total of 1.44 billion yuan (S$279 million). It plans to build around 1,900 residential units on the sites for sale, and the438 words
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Article, Illustration396 2011-02-25 9 VEN SREENIVASAN - Company will pay out a third of the 18.7m earnings to shareholders By VEN SREENIVASAN MAINBOARD-LISTED Straco Corp more than doubled its full-year earnings and announced a dividend translating to a yield of more than 4 per cent. The company, which owns and operates396 words
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462 2011-02-25 9 SAMUEL EE - By SAMUEL EE GROWTH in both its distribution and manufacturing business segments propelled YHI International Ltd’s net profit up 46 per cent to $33.0 million for the 12 months to Dec 31, 2010. The Singapore-based company also announced record revenue462 words
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COMPANY BRIEFS
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101 2011-02-25 9 ALLGREEN Properties’ net profit for the full year ended Dec 31, 2010 jumped 78.6 per cent to $290.65 million. Revenue grew 42.37 per cent to $883.82 million, thanks to a growth in all segments. The property group is proposing a first and final dividend of101 words
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38 2011-02-25 9 ROTARY Engineering’s Q4 net profit rose 3 per cent to $27.1 million from a year earlier, on the back of a 9 per cent rise in revenue to $160 million.38 words
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62 2011-02-25 9 HTL International’s net profit fell 68.7 per cent to $6.47 million in Q4 compared to a year ago, as revenue slid 11.7 per cent to $150.5 million due mainly to weak retail spending in Europe. HTL proposed a final dividend of four62 words
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65 2011-02-25 9 CHINA Aviation Oil (Singapore) Corp’s net profit slid 5.5 per cent to US$9.99 million in Q4 compared to a year ago, as its cost of sales rose more quickly than revenue, which grew 38.7 per cent to US$1.63 billion. It proposed a dividend65 words
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Article432 2011-02-25 9 FELDA CHAY - Revenue also rose 16% to US$1.1b from US$914m the previous year By FELDA CHAY PALM oil play Mewah International yesterday said that net profit for its fourth quarter surged 38.9 per cent on higher sales from its business segments that were in part432 words
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Page 7 Advertisements
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Advertisement64 2011-02-25 7 Chevrolet, com. sg YEARS OF CHEVROLET CELEBRATING 100 GREAT YEARS WITH 100 GREAT DEALS 100 units of Chevrolet Models offered with a fantastic price tag. CRUZE fS Price includes COE. *Terms a- conditions apply. Standard specifications may differ from models shown. CRUZE IGO YEARS OF CHEVROLET DRIVE A CHEVY CHEVROLET64 words
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SINGAPORE MARKETS
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Article, Illustration597 2011-02-25 8 R SIVANITHY - Afternoon trading slices more than 28 points off ST Index after temporary morning respite STOCKS R SIVANITHY Senior Correspondent FOR a while, it appeared that the selling might have eased, but an intraday rebound in the Straits Times Index (STI) that took it marginallySource: Bloomberg - 597 words
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Article64 2011-02-25 8 Feb 24 VALUE CLOSE BT OB/OS -1226.00 -32.00 BT CADI -*****.00-242.00 BT 10-day MA -*****.00-123.00 FTSE ST Mid Cap 740.58 -9.74 FTSE ST Small Cap 535.32 -9.38 FTSE ST All Share 734.90 -7.87 FTSE ST China Top 260.25 -5.75 FTSE ST China 289.29 -7.18 FTSE ST Catalist64 words
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Article56 2011-02-25 8 VOLUME Golden Agri 96,948,000 Genting SP 84,074,000 Olam 51,607,000 TopGlobal 49,284,000 E3 Hlds 31,399,000 Yangzijiang 25,983,000 Cosco Corp 24,081,000 TopGlobal W*****9 23,372,000 SingTel 23,197,000 GMG Global 21,764,000 VALUE($) Genting SP 163,708,290 Olam 136,740,580 Wilmar 107,428,320 SingTel 66,765,290 SembMar 65,317,860 Golden Agri 60,371,695 OCBC Bk 55,371,720 UOB 53,807,42056 words
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Article186 2011-02-25 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 12 3 0 0 0 3 12 3 Manufacturing 24 92 73 4 9 11 28 101 84 Commerce 11 35 16 0 5 7 11 40 23 Tpt/Stor/Comms 5 29 9186 words
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BROKERS’ TAKE
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Article, Illustration486 2011-02-25 8 Feb 24 close: S$2.65 DBS Group Research, Feb 24 OLAM issued a statement on Feb 23 refuting three contentions made in a CLSA report dated Feb 21, which focused on three key issues: export incentives, differences between its audited and unaudited accounts, and negative economic value-add-ed (EVA). WeSource: Bloomberg - 486 words
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Article318 2011-02-25 8 CONRAD TAN - Feb 24 close: S$5.03 DMG Partners Research, Feb 24 Compiled by CONRAD TAN WILMAR’S FY2010 results continued to disappoint due to widening losses at the oilseeds grains (O&G) segment. Core earnings came in at US$1.12 billion, which was 21.7 per cent below our expectations and 18.4 per cent318 words
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Article136 2011-02-25 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,136 words
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Article123 2011-02-25 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 33,640 33,640 85,825 85,825 Manufacturing 304,272 15,999 320,271 364,003 861 364,864 Commerce 115,709 8,201 123,910 208,319 922 209,241 Tpt/Stor/Comms 136,302 6,712 143,014 272,945 1,476 274,421 Finance 34,016 50 34,066 204,818 8 204,826 Construction 42,597 49,304123 words
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Article113 2011-02-25 8 Stock name Close Change CapMallsAsia 1.760 -0.030 CapitaLand 3.270 -0.040 CapitaMall 1.770 -0.020 CityDev 10.920 +0.220 ComfortDelGro 1.520 -0.010 DBS Grp 14.200 -0.060 F&N 5.670 +0.060 Genting SP 1.920 -0.060 Golden Agri 0.625 HK Land 6.380 -0.150 JMH 45.020 -0.020 JSH 27.520 +0.020 Jardine C&C 32.720113 words
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Article, Illustration478 2011-02-25 8 Swiss franc hits new high vs yen soars CURRENCIES Reuters [LONDON] The Swiss franc hit a record high against the dollar yesterday, with the Japanese yen also buoyed, as Middle East tensions stoked further appreciation in crude oil prices and demand for safe-haven currencies. North Sea Brent crude oil futuresReuters; BLOOMBERG - 478 words
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Article107 2011-02-25 8 BY CENTS CLOSE UP GLD 10US$ ***** 132.1 0.8 DBXT S&P Short 10US$ 4356 97.4 1.8 CityDev 1092 22.0 2.1 TIH 210 20.0 10.5 DBXT MSKorea 10US$ 5698 10.3 0.1 Lyxor Cmdty 10US$ 338 10.3 2.4 OmegaNav 170 10.0 6.3 Olam 265 9.0 3.5 DBXT MSBrazil 10US$ 716 7.7107 words
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Article122 2011-02-25 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-533.3 -3.4 IS DJ US Tech 6654-320.5 -3.6 IS S&P500 *****-244.9 -1.4 DBXT MSJAP 10US$ 4156-120.5 -2.2 DBXT MSEurope 10US$ 4698 -79.5 -1.3 DBXT FTVietnam 10US$ 3262 -71.8 -1.7 UOB.ES.1102 1830 -70.0 -3.7 DBXT MSAsExJp 10US$ 3135 -65.4 -1.6 Lyxor China H122 words
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Page 9 Advertisements
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Advertisement148 2011-02-25 9 The Swiss Leader :S Steamers Ovens Microwaves Coffee-Centers Designer Hoods Hobs Dishwashers Laundry V-ZUG The No.1 Swiss luxury brand I V-ZUG Ltd., founded in 1913, is a remarkable Swiss company and unique among appliance manufacturers. V-ZUG is different: creative like sculptors and meticulous like Swiss watchmakers. You can rely on148 words
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SINGAPORE NEWS
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435 2011-02-25 10 FELDA CHAY - But among buyers of smaller units, HDB residents’ share rises to 41% from 32% By FELDA CHAY PUBLIC housing dwellers who are sensitive to the extraordinarily high property prices last year have kept their private home buying in check. An analysis by435 words
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490 2011-02-25 10 GRACE LEONG - S’pore law chosen in more international arbitration cases By GRACE LEONG EFFORTS to build up a body of local jurisprudence so that Singapore law can be applied first instead of English decisions remains a key priority for Singapore courts, Chief Justice Chan Sek490 words
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Article, Illustration361 2011-02-25 10 THE Singapore Business Federation’s (SBF) new chief executive hails from the civil service. Ho Meng Kit, currently a Ministry of Foreign Affairs (MFA) deputy secretary, has opted for early retirement from the civil service and will join the federation from April 6.361 words
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Article, Illustration433 2011-02-25 10 LYNN KAN - Mr Chia: Looking forward to the vineyard tours so he could pick up some South African wine labels to put on Timbre’s wine list By LYNN KAN SINGAPOREAN businesses looking for new growth opportunities might want to keep the fast-growing South African433 words
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191 2011-02-25 10 TAN SHIHAO SEAN - By TAN SHIHAO SEAN THE Council for Estate Agencies (CEA) has announced further regulatory measures to raise the professionalism of the real estate agency industry and to safeguard consumer interest. The measures include the introduction of estate agent cards, photographs of salespeople on CEA’s191 words
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Article, Illustration353 2011-02-25 10 SAMUEL EE - By SAMUEL EE MORE people are using the mass rapid transit (MRT) to get to work, while less are commuting by public bus. This is what the Census of Population 2010 Statistical Release 3 Geographic Distribution and Transport has revealed for the yearsFILE PHOTO - 353 words
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SINGAPORE ROUNDUP
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123 2011-02-25 10 THE Community Development Councils (CDCs) saw a 36 per cent decrease in the number of new job seekers who registered for employment assistance, from about 38,000 in 2009 to 24,200 in 2010, according to the People’s Association (PA). This is due to the123 words
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89 2011-02-25 10 THE Public Utilities Board (PUB) will be expanding the Changi Water Reclamation Plant, to increase its capacity by 60,000 cubic metres per day (cmd) to 860,000 cmd. The expansion comprises installation of a plant that uses membrane technology, on top of the current treatment facility.89 words
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Article54 2011-02-25 10 THE Singapore Cooperation Enterprise (SCE) yesterday announced the signing of a memorandum of understanding (MOU) with Honduras to share Singapore’s experience in developing Special Economic Zones (SEZs). Under the MOU, SCE and local public agencies and private sector companies will collaborate with the Honduran54 words
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Page 10 Advertisements
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Advertisement1061 2011-02-25 10 ALLGREEN PROPERTIES LIMITED Company Registration No.: *****1009N (Incorporated in the Republic of Singapore) The Board of Directors wishes to announce the following unaudited results of the Group for the year ended 31 December 2010. 1 CONSOLIDATED INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2010: Turnover 2010 2009 S$’000 S$’0001,061 words
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ECONOMY WATCH
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664 2011-02-25 11 They swung to a profit of US$87.5b in 2010 after bad loan provisions fell sharply Reuters NYT [NEW YORK] After three dismal years, the US banking industry regained its footing in 2010, according to a regulatory assessment released on Wednesday. Bank profits reboundedReuters; NYT - 664 words
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Article, Illustration641 2011-02-25 11 Bloomberg WASHINGTON] The US economy last year continued to recover from the worst economic crisis in more than 70 years, according to an annual White House report to Congress. Though the economy still faces obstacles of high unemployment and uneven global growth, the report, preparedBloomberg; AFP - 641 words
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355 2011-02-25 11 Bloomberg [SYDNEY] Australian business investment climbed to a record in the fourth quarter as a mining investment boom driven by Chinese and Indian demand for natural resources capped a year of unprecedented job growth. Capital spending advanced 1.3 per cent from theBloomberg - 355 words
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201 2011-02-25 11 Reuters [SEOUL] South Korea’s key consumer sentiment index hit a 21-month low in February while expectations for future inflation stayed high, data showed yesterday, complicating the outlook for interest rate policy. Analysts said the weakening consumer sentiment along with spreading unrest in the MiddleReuters - 201 words
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Advertisement425 2011-02-25 11 Enjoy exclusive fares with ANA Book todoy ono.com.sg to enjoy amazing value with our all-inclusive fares! JAPAN Fr S$ Tokyo Fr S$ USA 1,480 New York/Washington, D.C./Chicago ii'lTTf ifiTi T? Fares to USA [Los Angeles, San Francisco, and Honolulu] and ANA's 37 Japan Domestic Cities are also available at ana.com.sg!425 words
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MALAYSIA/INDONESIA
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Article465 2011-02-25 12 It doubles net profit to RM877m, posting its second straight quarter of growth Reuters [KUALA LUMPUR] Malaysia’s Sime Darby posted a second consecutive quarter of profit growth helped by an increase in contribution from its plantations suggesting that the conglomerate has put its loss-makingReuters - 465 words
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914 2011-02-25 12 S JAYASANKARAN - Govt wants to be second defendant in suit against Petronas over oil royalties By S in Kuala S JAYASANKARAN in Kuala Lumpur THE federal government yesterday asked to be a party to the suit filed by Kelantan state against Petroliam914 words
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167 2011-02-25 12 Reuters [JAKARTA] The Indonesian government may offer 16 infrastructure projects worth US$32 billion to investors in April, a deputy planning minister said on Wednesday, as the country seeks to overhaul its transport network to spur growth and improve long-term finances. This includes announcingReuters - 167 words
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Article, Illustration467 2011-02-25 12 PAULINE NG - By PAULINE NG in Kuala Lumpur THE region’s biggest budget carrier has reported milestone profits for 2010, amid oil prices rocketing past US$100 per barrel on rising political uncertainties in oil-producing Libya. AirAsia yesterday announced a net profit of RM1.067 billion (S$447 million)467 words
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Page 12 Advertisements
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Advertisement751 2011-02-25 12 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. Iffaffl REYOUNG REYOUNG PHARMACEUTICAL HOLDINGS LIMITED (Incorporated in Bermuda) (Company Registration No. *****) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting of the shareholders ("Shareholders") of Reyoung Pharmaceutical Holdings Limited ("Company") will be held at Meeting Room751 words
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Advertisement326 2011-02-25 12 NOTICE OF TENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Tenth Annual General Meeting of the CompanywillbeheldonMonday,14March2011at3.00p.m.at65UbiAvenue1, OSIMHeadquarters,Singapore*****9totransactthefollowingbusiness:AS ORDINARY BUSINESS 1. To receive and adopt the Directors’ Report and Audited Financial Statements of the Company for the financial year ended 31 December 2010 and together with the Auditors326 words
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Advertisement116 2011-02-25 12 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF PWB–RUHLATECASIAPTELTD (IN CREDITORS’ VOLUNTARY LIQUIDATION) (Co Reg. No. *****1501R) NOTICE OF DIVIDEND Name of Company PWB Ruhlatec Asia Pte Ltd (In Creditors’ Voluntary Liquidation) Address of Registered Office C/o 47 Hill Street #05-01 Singapore Chinese Chamber116 words
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Advertisement397 2011-02-25 12 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF GALERIE DAUPHIN PTE LTD COMPANY REG NO *****4139N (IN MEMBERS’ VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Company which was carried out by way of written resolutions passed in accordance with Section 184A of397 words
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Advertisement159 2011-02-25 12 IN THE MATTER OF COMPANIES ACT, CAP. 50 AND IN THE MATTER OF REFORMATION BANNER PTE. LTD. Registration No. *****6203H (In Members’ Voluntary Liquidation) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50, that the Final General Meeting of the159 words
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GREATER CHINA
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Article, Illustration625 2011-02-25 13 Move seen paring high fees, raising competition for local players Reuters [SHANGHAI] Western investment banks are keen to underwrite more initial public offerings (IPOs) on China’s Shenzhen exchange this year as a surging economy turns the once insignificant market into a fundraising hotbed.Reuters; REUTERS - 625 words
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Article142 2011-02-25 13 Reuters [SHANGHAI] The Bank of Shanghai has submitted its listing application to the banking regulator and is targeting an initial public offering (IPO) this year, the Shanghai Securities News reported yesterday, citing a government official. Other state-run financial institutions in the city, including Guotai Jinan SecuritiesReuters - 142 words
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205 2011-02-25 13 Reuters [ULAN BATOR] Mongolia has shortlisted BNP Paribas, Deutsche Bank, Goldman Sachs and Macquarie Group to manage the initial public offering (IPO) of Er-denes-Tavan Tolgoi, the world’s largest untapped coking coal deposit. The IPO, which will be Mongolia’s biggest, is planned for theReuters - 205 words
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Article, Illustration237 2011-02-25 13 AFP [SHANGHAI] Shanghai has adopted a one-dog policy, passing a law limiting homes to one canine each as it tries to curb the growing popularity of man’s best friend in China’s leading metropolis. The law takes effect on May 15, the officialAFP - 237 words
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358 2011-02-25 13 JPMorgan Chase also preparing to apply for Chinese licence Reuters [SHANGHAI] Mutual fund giant Fidelity is actively preparing to enter China by securing a trust company licence in one of the world’s fastest-growing asset-man-agement market, a person familiar with the situation said onReuters - 358 words
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Page 13 Advertisements
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Advertisement1606 2011-02-25 13 }]?,_~~*.\%-?_>[>$[!(-&,%*}\?/@ IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DRAYCOTT PTE. LTD. (the “Company”) (In Members’ Voluntary Liquidation) (Company Registration Number: *****2647M) (Pursuant to Section 290(2)(b)) At an Extraordinary General Meeting of the Company deemed held on 21 February 2011, the following resolutions were1,606 words
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Advertisement621 2011-02-25 13 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AML PRODUCTS LTD. (the “Company”) (In Members’ Voluntary Liquidation) (Company Registration Number: *****6223G) (Pursuant to Section 290(2)(b)) At an Extraordinary General Meeting of the Company deemed held on 21 February 2011, the following resolutions were passed:621 words
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INDIA
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Article, Illustration594 2011-02-25 14 Soaring global oil prices present a new headache for the government Reuters [NEW DELHI] India’s food inflation accelerated slightly in mid-February on rising prices of milk and fruit, amid expectations the government may announce fresh measures to rein in inflation inReuters; AFP - 594 words
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464 2011-02-25 14 Reuters [NEW DELHI] The Indian government raised “serious concern” on Wednesday about a trade deficit that could more than double to US$278.5 billion in three years and may cause an unsustainable current account deficit. The trade deficit of Asia’s third-largest economy couldReuters - 464 words
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Page 14 Advertisements
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Advertisement367 2011-02-25 14 ■rinvi WINE DINE AND HOSPITALITY UNITED PLATES OF AMERICA A New World Order is brewing at 10 at Claymore, with specially-imported LIS meats taking control of Plates of Pleasure. Seize die moment and feast on succulent meats, such as IS Angus Beef Tenderloin, US Oven-Roasted Rack of Lamb and [JS367 words
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WORLD
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461 2011-02-25 15 Jan’s total durable goods orders up 2.7% due to huge rebound in orders for planes LATEST US DATA AP [WASHINGTON] Orders for durable goods excluding transportation fell 3.6 per cent last month, the biggest drop since January 2009, the Commerce Department reported yesterday. TotalAP - 461 words
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443 2011-02-25 15 Automaker marks best year in decade with US$4.2b profit Reuters [DETROIT] General Motors (GM) posted fourth-quarter results that topped Wall Street expectations, capping its most profitable year in over a decade after slashing costs and debt in a landmark bankruptcy. Fourth-quarter net income wasReuters - 443 words
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Article, Illustration453 2011-02-25 15 AFP [CHRISTCHURCH] New Zealand said yesterday that only a “miracle” could save possibly hundreds of people trapped in the rubble after a devastating earthquake that has killed at least 98. Twenty-three bodies were recovered yesterday, but not immediately identified. Two days after the 6.3-magnitudeAFP - 453 words
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398 2011-02-25 15 Bloomberg [LONDON] Banks are selling high-risk structured products linked to the Middle East and North African countries even as escalating anti-government protests unsettle the region’s financial markets. Royal Bank of Scotland Group is selling the first European notes linked to Tunisia and Lebanon equities,Bloomberg - 398 words
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284 2011-02-25 15 Reuters [LONDON] A British court agreed yesterday to extradite WikiLeaks founder Julian Assange to Sweden where he is wanted for questioning over sex crimes, dismissing claims the move would breach his human rights. Swedish prosecutors want to question Mr Assange about allegations of sexualReuters - 284 words
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Article, Illustration536 2011-02-25 16 Australia’s QBE may buy IAG as floods, quake put pressure on balance sheets Bloomberg [SYDNEY] A sequence of natural disasters in Australia and New Zealand may spur takeovers of insurers such as Insurance Australia Group, said Greenhill Caliburn, an independent Australian corporate adviser. NewBloomberg; AFP - 536 words
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Article, Illustration359 2011-02-25 16 Bloomberg [TOKYO] A member of Japan’s government resigned his post in the latest sign of divisions within the Democratic Party of Japan, adding to Prime Minister Naoto Kan’s struggles to pass the budget and avoid calling new elections. Agriculture Minister MichihikoBloomberg - 359 words
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645 2011-02-25 16 ‘Straight up industrial espionage’, says US cyber-security firm Bloomberg [WASHINGTON] Computer hackers working through Internet servers in China broke into and stole proprietary information from the networks of six US and European energy companies, including Exxon Mobil Corp, Royal DutchBloomberg - 645 words
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Article, Illustration409 2011-02-25 16 Bloomberg [PARIS] Blackstone Group LP president Tony James said private equity is “a necessity” for economies, defending the industry against criticism that it relies too much on financial engineering and too little on improving companies’ operations. Private-equity firms back startups, help troubled companiesBloomberg; BLOOMBERG - 409 words
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329 2011-02-25 16 Reuters [HONG KONG] Assets raised by new hedge funds in Asia surged nearly 50 per cent to US$3.84 billion in 2010 from a year earlier, yet another sign that investor interest in regional funds has been on the mend since aReuters - 329 words
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Page 15 Advertisements
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Advertisement286 2011-02-25 15 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SPINEVISION SINGAPORE PTE. LTD. (Incorporated in the Republic of Singapore) (Co. Reg. *****0427N) (In Member’s Voluntary Liquidation) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50286 words
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Advertisement60 2011-02-25 15 V 4. V I '0 9 ')T I iruMi NEW YORK PARIS TOKY5P* TUMI.COM n J 4 '7 1 V 9MC II f JDARIN G. fFLES cr THt SHOPP LUXURY FAS HI <31 +65 67. NG CEN' INA BA~ OpTS ISETAfJ SCOTTS +65 6763 111 LUXURY FASHION, CHANGI AIRPORT T160 words
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Page 16 Advertisements
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Advertisement47 2011-02-25 16 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY AD WORLD STARS Command of English and strong analytical and creative skills see Indian numbers grow in Singapore's ad industry WIN TWO TICKETS TO A.R. RAHMAN CONCERT V x GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)47 words
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Advertisement24 2011-02-25 16 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. m MATa NOTICES24 words
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AVIATION/SHIPPING
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Article, Illustration595 2011-02-25 17 VEN SREENIVASAN - The deal builds on existing partnership and gives Tiger an edge in Philippines By VEN SREENIVASAN IN a move that would give it a foothold in one of the region’s biggest aviation markets, Tiger Airways is planning to buy a 32.5 per cent stakeAFP - 595 words
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Article, Illustration311 2011-02-25 17 Bloomberg [FRANKFURT] Deutsche Lufthansa AG is negotiating with Airbus SAS over an order of about 30 single-aisle A320s with new engines valued at more than US$2.5 billion at list price, three people with knowledge of the matter said. The talks will probably beBloomberg - 311 words
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333 2011-02-25 17 Reuters [BEIJING] China will add more than 45 airports over the next five years, bringing the total to more than 220, despite the dire financial situation of many regional airports, the coun- try’s top aviation regulator said yesterday. China is in theReuters - 333 words
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Article278 2011-02-25 17 SGX '000 Feb 24 S$ +/-Vol CH Offshore 0.47 -0.01 175 Chuan Hup Hldg 0.24 -0.01 514 Cosco Corp 1.93 -0.09 ***** CWT Ltd 1.20 -0.04 4421 Ezra Hldgs 1.52 -0.04 4983 First Ship Lea 0.41 -0.01 536 Freight Links 0.07 -0.01 1060 Grand Banks unch unch 0278 words
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238 2011-02-25 17 Bloomberg [LONDON] Earnings from shipping Middle East crude oil to Asia, the world’s busiest route for supertankers, fell for a sixth day after demand was met to haul February cargoes. Daily returns from the benchmark Saudi Ara-bia-to-Japan voyage retreated 20 per cent toBloomberg - 238 words
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Article3377 2011-02-25 17 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi KU6457 1230 SQ456 1245 SQ457 1230 EY470 2200 VA7470 2200 Adelaide LH9771 1745 9W4082 2220 SQ278 1745 AF8088 2220 VS7278 1745 BA7382 2220 JL5083 2220 MU8214 2220 --QF82 2220 LH9770 2350 SQ279 2350 VS7279 2350 Amsterdam LO4031 0605 JX8173,377 words
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193 2011-02-25 17 JOYCE HOOI - US shipments could be 40% speedier with LCL freight service By JOYCE HOOI UPS is expanding one of its freight services to 10 more Asian ports, including Singapore, it announced yesterday. Come April, customers in Singapore will be able to get their less-than-contain-er-load193 words
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Page 17 Advertisements
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Advertisement100 2011-02-25 17 HALL 401, SUNTEC SINGAPORE March 1 3, 2011 10:00 TO 18:00hrs www.bairdmaritime.com IS ALL IT TAKES TO CONTACT: ASIAN WORK BOAT 2011 EXHIBITION BUT,WITHSOMUCHTOSEE,ONEVISITSURELYWON’TBEENOUGH. ENTRY IS FREE– All Welcome! Donʼt miss the FREE PRODUCT PRESENTATION SEMINARS. Check our website for latest details. www.asianworkboat.com Aquaculture Support Boats Assault Craft Dredgers Ferries100 words
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EDITORIAL & OPINION
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547 2011-02-25 18 EDITORIAL SAVERS in Singapore have grappled with low-yielding deposits for more than a decade. But they had taken it in stride as inflation had been declining too, mostly hovering well below 2 per cent, except for 2008 when it spiked briefly to 6.6547 words
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Article, Illustration792 2011-02-25 18 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group THE great question haunting Washington’s Budget debate is whether our elected politicians will take back government from the American Association of Retired Persons (AARP), the 40 million-member organisation that represents retirees andThe Washington Post Writers Group - 792 words
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Article, Illustration1081 2011-02-25 18 MARLEEN DIELEMAN, MICHAEL CARNEY - But 3 strategies are on hand that may help propel them beyond their many limitations By MARLEEN DIELEMAN, MICHAEL CARNEY Marleen Dieleman is a senior researcher at the Department of Strategy and Policy, NUS Business School. She is also associate director at theAP - 1,081 words
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Article, Illustration2336 2011-02-25 19 TONY TAN - With determined farsighted leadership, there’s no reason why the US can’t surmount its problems as it has done before TONY TAN TONY TAN is deputy chairman and executive director, Government of Singapore Investment Corporation (GIC). He made this speech at the Foreign Policy AssociationBLOOMBERG - 2,336 words
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SINGAPORE STOCKS
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Article9099 2011-02-25 20 Transaction date: Feb 24 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 16.5 unch 357 16.5 16.5 16.5 17 7.8 3.7 3.5 79 12 4.5 58349,099 words
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Article1690 2011-02-25 21 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 7 4 1181 t AA Grp 4.5 4 4.5 21.4 4.3 225 130 6222 t APStrategic 164 unch 19 164 158 1581,690 words
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Article9525 2011-02-25 21 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.31/ APS Alpha Fund (USD)!** 1.03/ 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 WM9,525 words
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Article258 2011-02-25 21 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 $mil 56 38 6000 AVJennings A51.5cd -1 6 51.5 51.5 51.5 53 3.6 6.8 4.1 134.1 55 16 6017 Genting HK US$ US36 -1 ***** 37.5258 words
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Article870 2011-02-25 21 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 $mil 124 108 6389 ABF SG Bond ETF 110 110 111 502.1 1070 761 CIMBAsean40 100US$ US985 unch 0 985 985 981 985 39.4 350870 words
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FINANCE & COMMODITIES
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374 2011-02-25 22 In local curr In S$ In US$ dy yr dy yr dy yr Feb 23 Index Change Change Change Change Change Change World Index Preliminary 928.7 -0.6 3.5 -0.6 3.7 -0.5 4.0 EAFE Preliminary 822.2 -0.9 2.7 -0.6 3.5 -0.6 3.8 Europe Preliminary 1196.0 -1.0374 words
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Article178 2011-02-25 22 Feb 24 $S Offer Bid 0vernight 0.04 0.02 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.03 US$ Offer Bid 7 days 0.33 0.23 1 month 0.38 0.28 2 months 0.43 0.33 3 months 0.46 0.36 6 months 0.60 0.50 9 months 0.80 0.60 12178 words
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Article22 2011-02-25 22 Feb 24 S$ Bid Offer 1-month 1.2817 1.2823 2-months 1.2815 1.2820 3-months 1.2812 1.2818 6-months 1.2803 1.2809 Source: OCBC22 words
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Article155 2011-02-25 22 Feb 24 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Mar 11 631.0 624.5 624.5 6 Apr 11 634.0 624.0 624.0 30 May 11 633.0 621.0 621.0 12 Jun 11 622.0 622.0 622.0 62 Jul 11 622.0 Aug 11155 words
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Article83 2011-02-25 22 Feb 24 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 26.05.2011 0.33 0.28 0.28 1-Year BY*****N 01.11.2011 0.40 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.46 102.52 102.50 5-Year N*****0S 2.875 01.07.2015 107.2983 words
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Article107 2011-02-25 22 Feb 23 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 11 1320.00 1298.00 1322.00 1284.75 May 11 1331.50 1311.00 1335.00 1296.25 Jul 11 1340.25 1319.00 1341.75 1305.00 Aug 11 1328.75 1304.00 1328.50 1294.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 11 55.02107 words
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Article77 2011-02-25 22 CRUDE OIL PRODUCTS Feb 23 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 110.28 2.91 WTI (Near Mth) 96.75 3.41 Dubai (1-Mth F) 102.16 -0.15 Tapis blend 111.05 0.36 Minas 107.25 0.46 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 100.17 -0.61 Jet Kerosene 123.50 -0.45 US$/barrel Opec Oil77 words
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2682 2011-02-25 22 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 22.5 -1 3021 1 10 1.44 57 6221 Asia-Pacific Strat W*****6 32 1 150 11 5.13 39 6227 ASJ Hldgs W*****1 3 1 4 27 1.832,682 words
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Article121 2011-02-25 22 Feb 24 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.323 1.249 Can dollar 1.317 1.267 Euro 1.79 1.722 Sterling pound 2.112 2.031 NZ dollar 0.979 0.933 US dollar 1.296 1.247 Local dollars to 100 units of foreign121 words
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Article27 2011-02-25 22 Feb 24 Open High Sett STI Feb 2973 SIMSCI Feb 355.0 355.4 350.9 Taiwan Feb 304.3 307.6 305.1 Source: MF Global (S) Pte. Ltd27 words
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Article65 2011-02-25 22 Feb 24 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 11 3601 3506 3601 3390 788 4479 Apr 11 3585 3480 3585 3365 4730 ***** May 11 3542 3455 3550 3336 ***** ***** Jun 11 3499 343565 words
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Article466 2011-02-25 22 Feb 24 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar11 99.6775 0 4827 Jun11 99.6150 0 2607 Sep11 99.5250 0 3214 Dec11 99.3650 0 910 EUROYEN TIBOR FUTURES Mar11 99.6600 0 5306 Jun11 99.6550 99.6550 99.6550 99.6500 100 1056 Sep11 99.6425 175 766 Dec11 99.6300 99.6300466 words
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Article464 2011-02-25 22 Feb 24 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.989 6.582 0.730 7.800 45.510 88.818 0.819 11.359 3.073 1.346 85.395 43.833 1.283 7.137 0.927 29.787 30.685 0.620 1.001 Canada 1.011 6.652464 words
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Article85 2011-02-25 22 Feb 24 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article141 2011-02-25 22 Feb 24 GOLD (US$/oz) Feb 24 Feb 23 Hong Kong 1412.90 1401.80 Feb 23 Feb 22 London 1411.30 1406.06 1412.20 1406.83 Source: Thomson Reuters Source: Reuters CAST BAR Feb 24 (S$) Selling Buying Kilobar 62,324.29 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 140 58 5gm 396 291141 words
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Article70 2011-02-25 22 Feb 23 23 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2498.25 2496.25 3 months 2530.00 2528.00 Copper, Grade A (US$/tonne) Cash 9421.00 9576.00 3 months 9425.00 9580.00 Lead (US$/tonne) Cash 2529.25 2556.50 3 months 2539.00 2565.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash70 words
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Article154 2011-02-25 22 Feb 24 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2825 1.2837 1.0004 1.0009 Canadian dollar 1.2963 1.2972 1.0111 1.0114 Euro 1.7575 1.7586 1.3709 1.3712 NZ dollar 0.9529 0.9538 0.7433 0.7437 Sterling pound 2.0698 2.0709 1.6145 1.6147154 words
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Article82 2011-02-25 22 Feb 23 COCOA (£/tonne) Close Prev High/Low Mar 11 2374 2362 2377/2330 May 11 2357 2338 2361/2309 Jul 11 2274 2265 2277/2237 Sep 11 2218 2206 2225/2180 COFFEE (US$/tonne) Close Pev High/Low Mar 11 2319 2335 2336/2305 May 11 2368 2382 2388/2348 Jul 11 2382 2397 2401/2367 Sep 1182 words
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Article5942 2011-02-25 23 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 Camden/New Orleans/Tampico *Loads E./W. Malaysia, Indonesia Destination5,942 words
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Page 23 Advertisements
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Advertisement13 2011-02-25 23 Shippinglines L Canthey seeking reliable find your logistics partners herein the Shipping Times?13 words
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Advertisement0 2011-02-25 23 *[^"(\,?/:*=^"`{`}:'\.+<|:^*{\'0 words
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Page 24 Advertisements
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Advertisement28 2011-02-25 24 r FREIGHT FORWARDER urgently needed by shippers 1 Can they find your here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 132728 words
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executive lifestyle
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Article, Illustration723 2011-02-25 25 TOM BROOK; GEOFFREY EU - BT asked veteran movie critic TOM BROOK from BBC’s Talking Movies and entertainment columnist GEOFFREY EU to weigh in with their winners TOM BROOK GEOFFREY EU Actor in a Leading Role I think Colin Firth will win for Best Actor for playing King George VI in The King’sPHOTO: AP - 723 words
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Article, Illustration556 2011-02-25 25 DYLAN TAN - If the coveted golden baldie had Twitter and Facebook accounts, this is what his homepage might look like on Oscar Day, muses DYLAN TAN DYLAN TAN PHOTO ILLUSTRATION: MOHD KHAIRIE Oscar 83 years and still no clothes sponsor. Anne_Hathaway @Oscar KateWinslet, Charlize TheronPHOTO ILLUSTRATION: MOHD KHAIRIE - 556 words
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CINEMA
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Article, Illustration939 2011-02-25 26 GEOFFREY EU - By GEOFFREY EU Continued from Page 25 FOR the past few weeks, cinema buffs have been preoccupied with the popular guessing game known as Oscar Predictions now, it’s time for us to pitch in with our choices as well. While 2010 will be remembered as a yearPHOTOS: THE WEINSTEIN COMPANY, TWENTIETH CENTURY FOX, PARAMOUNT PICTURES - 939 words
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Article, Illustration556 2011-02-25 26 DYLAN TAN - By DYLAN TAN WITH two female leads and its delicate-sounding title, Never Let Me Go has all the makings of a chick flick. It is, complete with a love triangle but it’s also not your typical Kleen-ex-emptying weepie. Adapted from Brit-ish-born Japanese author KazuoBLOOMBERG - 556 words
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Article, Illustration628 2011-02-25 26 DYLAN TAN - By DYLAN TAN SLAPPED with a conditional sin-gle-print-only rule, director Lisa Cholodenko’s warm, honest and critically acclaimed family drama, The Kids Are All Right, has the dubious honour of being the first film in Singapore to be shown on one screen only; all because the central628 words
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ENTERTAINMENT
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Article, Illustration626 2011-02-25 27 GEOFFREY EU - The beating heart of True Grit is its young star, Hailee Steinfield, writes GEOFFREY EU writes GEOFFREY EU TRUE Grit explores a time and place when courage, determination and sheer luck could make the difference between a hard life in the Wild West and a cruel deathPHOTOS: BLOOMBERG, AP - 626 words
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Article, Illustration513 2011-02-25 27 DYLAN TAN - By DYLAN TAN THE thought of holding a stand-up comedy show at a venue that usually hosts worship services on the weekends is a funny one. That’s exactly what happened last Friday at Suntec City’s The Rock auditorium when comedian Rob Schneider came to town and performedAMOS WONG FOR LAMC PRODUCTIONS - 513 words
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Article, Illustration521 2011-02-25 27 CHRISTOPHER LIM - DVD REVIEW By CHRISTOPHER LIM ONE of the keys to a science-fiction TV series lasting longer than one season is varied appeal. Vhas something for everyone, which is why the yarn about alien invasion was renewed for a second season and started airing in the United States521 words
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MUSIC/GAMING
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Article, Illustration645 2011-02-25 28 DYLAN TAN - The rockers remain one of the hardest working bands on the road, writes DYLAN TAN writes DYLAN TAN NOT many bands get a standing ovation just after four songs but if you’re The Eagles and the song you’ve just played is the lighter-raising slow rock anthemPHOTOS: ONE EYE CLICK - 645 words
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Article, Illustration591 2011-02-25 28 CHRISTOPHER LIM - CD REVIEW By CHRISTOPHER LIM FUSS is made over every Radiohead album release, on principle, because of the band’s artistic credibility. The King Of Limbs deserves only part of the buzz it has generated in the week since its release. The eight-track album is Radiohead’s firstAP - 591 words
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Article, Illustration884 2011-02-25 28 CHRISTOPHER LIM - By CHRISTOPHER LIM AN indoor club might be the obvious venue for a dance music gig, but when Faithless played here for the first time on Tuesday, LAMC Productions must have known that the 3,500 revellers who thronged Fort Canning Park wouldn’t have fit in places likePHOTOS: DOMINIC PHUA, LAMC PRODUCTIONS - 884 words
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Article, Illustration541 2011-02-25 28 CHRISTOPHER LIM - GAMING REVIEW By CHRISTOPHER LIM DEVELOPER Electronic Arts (EA) recently released two very different action games for Apple’s iPad, iPhone and iPod touch iOS gadgets Dead Space and Ultimate Mortal Kombat 3. EA likes to create sprawling franchises these days but the Dead541 words
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FESTIVALS AROUND THE WORLD
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Article, Illustration1025 2011-02-25 29 TERENCE CHAN - Barcelona’s La Laia celebrates the patron saint Santa Eulalia over a weekend, with music playing all over the city, says TERENCE CHAN TERENCE CHAN The writer is a researcher who lived briefly in Barcelona. He now lives and works in Singapore Brought toPHOTOS BY TERENCE CHAN; FILE PHOTO - 1,025 words
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ARTS
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Article, Illustration801 2011-02-25 30 CLARISSA TAN - In Patrick Marber’s Closer, Pangdemonium! takes on characters so horrid, they seem to have no heart, reviews CLARISSA TAN reviews CLARISSA TAN FIRST off theatre company Pangdemonium! should be commended for bringing Patrick Marber’s Closer to the Singapore stage. This is a helluva play to put on itsPHOTOS: PANGDEMONIUM! PRODUCTIONS - 801 words
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Article, Illustration476 2011-02-25 30 KENNETH TAY - By KENNETH TAY IMAGINE being Larry Daley in Night at the Museum, where night falls and the museum is transformed into a magical space where artefacts spring to life after their deep historical slumber. As part of the National University of Singapore’s (NUS) Arts Festival476 words
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AROUNDTOWN
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Article, Illustration250 2011-02-25 30 MARATHON music performances are vogue this weekend and you can enjoy it either in Carnatic or Western Classical forms. Alapana Arts will be conducting a 24-hour non-stop music event in memory of 18th-century Carnatic music composer, Sri Thyagaraja (right). Held from 11am on Feb 26 till 11am on250 words
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Article, Illustration223 2011-02-25 30 Singapore artist Khairuddin Hori’s interest lies primarily in matters concerning the minority and the position and influence of its artists in social development. Taking inspiration from the films of esteemed Malay film-makers P Ramlee and Mat Sentol, Khairuddin, 37, adds his own contemporary interpretations and idiosyncrasies223 words
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Article, Illustration258 2011-02-25 30 CHEAH UI-HOON - Compiled by CHEAH UI-HOON The National Museum Cinematheque presents a complete retrospective of Taiwan film-maker Edward Yang’s films (right) from March 2 to 13. Yang pushed the boundaries of film-making in his country at that time and is known for his commitment258 words
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Article, Illustration440 2011-02-25 30 CHEAH UI-HOON - By CHEAH UI-HOON STAGED over three weekends from March 11 to 27, the NUS Arts Festival offers more than 40 events, at least half of which are free. Check out the highlights below: Voyage to the Orient, NUS Symphony Orchestra (NUSSO) featuring Geoffrey440 words
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PURSUITS
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Article, Illustration1288 2011-02-25 31 N K YONG - Some wines transform into precious treasures when kept for a while, says N K YONG WINE N K YONG WE LIVE in a world beset with the latest technological innovations and focused on instant gratification with scant regard for the rewards of patience. Whenever I am1,288 words
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Article, Illustration858 2011-02-25 31 CHRISTOPHER LIM - BOOKS By CHRISTOPHER LIM IT’S a truism that you can’t judge a book by its cover, but it’s especially so with Travelling to Infinity: My Life with Stephen. Stephen Hawking is one of the world’s foremost theoretical physicists and his face is on the cover, but858 words
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Article, Illustration387 2011-02-25 31 MIKE COLLETT-WHITE - By MIKE COLLETT-WHITE Reuters SPY writer John Le Carre (right) will leave his literary archive, including classics like Tinker, Tailor, Soldier, Spy and The Constant Gardener, to Oxford University’s Bodleian Library. It will be a homecoming of sorts for fictional spy George Smiley, LeReuters - 387 words
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Article, Illustration280 2011-02-25 31 FELDA CHAY - By FELDA CHAY EAST meets West in the Singapore Press Holdings’ new English language health magazine, where the seemingly incongruent practices and beliefs of doctors and traditional Chinese medicine (TCM) practitioners are put together in a single magazine. Launched yesterday, Wellness No. 1 will tap on280 words
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Page 25 Advertisements
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Advertisement9 2011-02-25 25 BOOKS BT talks to Stephen Hawking’s ex-wife PAGE 319 words
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Page 26 Miscellaneous
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Miscellaneous67 2011-02-25 26 ACADEMY AWARD NOMINATIONS BEST DIRECTOR BEST ACTOR BEST SUPPORTING ACTRESS JOEL k ETHAN COEN JEFF BRIDGES HAILEE STEINFELD^e Lui, SPH The Straits Times, Life! Yong Shu Hoong, SPH my paper J0 Genevieve Loh, TODAY lm€ |i q JEFF iffl! MATT JOSH BRIDGES DAMON BROLIN f ft ->7^> WRITTEN FOR THE67 words
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Page 27 Miscellaneous
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Miscellaneous301 2011-02-25 27 CRYPTIC CROSSWORD Across 1 Disreputable pair cons politician get detained here? (6,4) 6 Some resistance an indication of official business (4) 9 Initiate Dracula perhaps as a measure of his diet (5,5) 10 Pie left in cooler (4) 12 Detectives’ aid to identify culprit impresses (12) 15 Poet’s endless wonder301 words
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