The Business Times, 9 June 2011
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2011-06-09
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The Business Times
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Title Section23 2011-06-09 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sfh A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Thursday, June 9,201123 words
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Article1124 2011-06-09 1 KALPANA RASHIWALA - Prices of condos at recent Govt Land Sale sites generally higher than at nearby developments By KALPANA RASHIWALA [SINGAPORE] Despite the record supply of state land, launch prices of new 99-year condos continue to climb, spurred by strong demand. A study by DTZ shows that1,124 words
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731 2011-06-09 1 STEPHEN RAPHAEL - By STEPHEN RAPHAEL in New York THEY’VE been calling it a “soft patch” for nearly two months now to characterise the sudden way in which the economic recovery in the US began to falter early this spring after several months of robust economic731 words
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Article144 2011-06-09 1 HST INDEX 3,102.98 (-12.97) H ST INDEX FUTURES 3,103 (-13) H SIMSCI 360.51 (-1.91) H SIMSCI FUTURES 360.60 (-0.90) FOREX US$ S$ US$ (S$ per US$) 1.232 (US$/S$ per 1.637 2.017 EURO (US$/S$/E) 1.465 1.805 Foreign currency per US$ S$ YEN 79.90 64.80 RM 3.016 2.448 HK$ 7.780144 words
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Page 1 Advertisements
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Advertisement13 2011-06-09 1 MARINA BAY SANDS Sands bets on whopping US$4b from sale of mall PAGE13 words
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Advertisement15 2011-06-09 1 PROPERTY Far East pays $103.8m for Marine Parade Rd site PAGE 29 8 '*****1 *****415 words
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Advertisement148 2011-06-09 1 BizIT HP bets big on the cloud OPINION Behind the curve on CPF changes PAGE 17 PAGE 24 3ECS 3 if f psssssss —«rissss= ■in lliiiii i^ffliBUHfint ■Ml" ■Ml KB r- <:J>" zraai V V. m :,;T ■ntZ, Its impeccable and subtle styling is an affirmation of your refined taste.148 words
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TOP STORIES
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Article, Illustration716 2011-06-09 2 GRACE LEONG - It hopes to sell The Shoppes in 2-3 years, but price may be too ambitious By GRACE LEONG [SINGAPORE] Las Vegas Sands hopes to sell The Shoppes at Marina Bay Sands over the next two to three years for aFILE PHOTOS - 716 words
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Article438 2011-06-09 2 JOYCE HOOI - By JOYCE HOOI [SINGAPORE] The possibility of a bidding war looms larger, now that Portek International has officially stated that one other party has expressed interest in buying it. An announcement by the container terminal operator on the Singapore Exchange yesterday said that it is “currently438 words
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Article471 2011-06-09 2 New condos command fat premiums DESPITE the record supply of state land, launch prices of new 99-year condos continue to climb, spurred by strong demand. A study by DTZ shows that median prices of new 99-year leasehold condos launched in 2010 and 2011 on sites sold at Government471 words
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359 2011-06-09 2 CONRAD TAN - But they expect slower expansion of just 2% in Q2 By CONRAD TAN [SINGAPORE] Private-sector economists expect Singapore’s economy to expand by 6.2 per cent this year, up from an earlier forecast of 5.7 per cent, according to the latest359 words
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532 2011-06-09 2 LEE U-WEN - But republic still the EU’s 12th biggest trading partner By LEE U-WEN [SINGAPORE] Singapore’s volume of trade in goods with the European Union totalled 42.6 billion euros (S$76.9 billion) in 2010, a 22 per cent rise from the 35 billion euros recorded532 words
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Article, Illustration667 2011-06-09 4 LYNETTE KHOO - Asian regulators maintain they comply with all existing standards By LYNETTE KHOO [SINGAPORE] Tim Geithner’s warning to Asian regulators against adopting softer rules towards derivatives trading to under-cut the US drew a critical response from regulators in Singapore and Hong Kong. The USREUTERS - 667 words
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584 2011-06-09 4 CONRAD TAN - Move aims to expedite development of Syariah products: Hng Kiang By CONRAD TAN [SINGAPORE] The Monetary Authority of Singapore will issue new income tax regulations for Islamic finance to ensure that Islamic financial products aren’t disadvantaged compared to their conventional counterparts,584 words
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Page 2 Advertisements
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Advertisement120 2011-06-09 2 apbcOffices We invite you to work different. 75 High Street 9 Battery Rd, Straits Trading Building 9 Temasek Boulevard, Suntec Tower 2 30 Raffles Place, Chevron House VIRTUAL OFFICE 1 Lg t apbcOffices A- Prestigious business address. Start immediately with minimal start-up cost. 3 tiers of services to suit your120 words
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Advertisement202 2011-06-09 3 z ■,7A r 3 ./< BMW 7 Series 0 8 r^W! 4ic SMI'ms ,.J$? WMi TRUE LEADERS COMMAND THE LIMEUGHT. Leaders rise to the occasion when attention is called to them. As the official car of ScreenSingapore 2011, the BMW 7 Series luxury saloon conveys unmistakable stature with a design202 words
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Advertisement58 2011-06-09 4 HoW Will AsiA’s rise To PoWer CHANge THe World? Asia’s place in the world is changing. But how will Asia’s rise in economic status impact on the continent and the rest of the world? To find out, watch Power of Asia, a new season on BBC World News, from 1058 words
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Advertisement192 2011-06-09 5 Investment i Trends i ire FX/CFD trading Direct Market App .■ill IG Markets Market Detail Order Ticket Balance: SGD 52,365.25 Running P&L: SGD 5,894.25 Deposit: SGD21,221.50 Available: SGD31,143.75 Direction Size Min: 0.01 Consideration: SGD 73,000 Margin Required: SGD 7,300 14.60 OTC Limit Order Type Limit Day Order Level Singapore's first192 words
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COMPANY NEWS
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521 2011-06-09 6 JAMIE LEE - The bonds total $74 billion and have maturities of at least two years By JAMIE LEE THE Singapore Exchange (SGX) will list 19 Singapore government bonds from July 8 as part of its deeper push into the fixed income market.521 words
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386 2011-06-09 6 LYNETTE KHOO - Unit price rises 12% in first month of implementation By LYNETTE KHOO TREASURY China Trust (TCT), the first business trust to initiate a unit buyback programme, said this exercise has bolstered its liquidity and valuation. Over the first month of its implementation to June386 words
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Article, Illustration621 2011-06-09 6 JOYCE HOOI - By JOYCE HOOI THE changes in leadership are rolling in at a fast clip at NOL Group, with its third executive swap-out in less than two months. The latest is the resignation of Eng Aik Meng, president of APL NOL’s liner arm which621 words
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312 2011-06-09 6 KELLY TAY - By KELLY TAY MERMAID Maritime Public Company Ltd’s associate, Asia Offshore Drilling Ltd (AOD), yesterday announced a private share placement of up to US$105 million. The move comes just two days after Mermaid announced its strategy to enhance shareholder value by consolidating its drilling business312 words
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Article, Illustration495 2011-06-09 6 Reuters [NEW DELHI] Top Indian mobile carrier Bharti Airtel, which last year bought mobile operations in 15 African countries, is on target to generate US$5 billion in revenue from the continent and reach 100 million subscribers there by the end of MarchReuters; AFP - 495 words
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314 2011-06-09 7 MICHELLE TAN - 140m shares planned 70m new, 70m existing to underlie 56m TDRs each By MICHELLE TAN HU An Cable Holdings is proposing to list a second Taiwan Depository Receipts (TDR) programme on the Taiwan Stock Exchange (TSE), according to a press release yesterday. In314 words
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Article, Illustration381 2011-06-09 7 NISHA RAMCHANDANI - Bonds mature in July 2016; conversion price at $2.025 By NISHA RAMCHANDANI OSIM International has fully placed out $120 million in unsecured convertible bonds to institutional and accredited investors, the lifestyle products group said yesterday. However, its shares shed eight cents in trading381 words
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253 2011-06-09 7 GOLDEN Agri-Resources is expecting production of its crude palm oil to rise by more than 10 per cent this year, if weather conditions remain favourable. Rafael B Concepcion Jr, the executive director of Golden Agri, told Reuters in an interview on Tuesday:253 words
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Article, Illustration250 2011-06-09 7 ASCENDAS Real Estate Investment Trust (A-Reit) was officially awarded a business park site at Fusionopolis by JTC Corporation yesterday. The industrial Reit had put in the top bid of $110 million for the 60-year leasehold site at Fusionopolis within the one-north research hubSource: Onemap.sg - 250 words
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Article, Illustration364 2011-06-09 9 VICTORIA HO - Company says move is in anticipation of an announcement HOT STOCK By VICTORIA HO TRADING in Artivision, one of the more volatile stocks over the past few weeks, was suspended yesterday. It requested a trading halt from 9am yesterday, in anticipation of364 words
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Article241 2011-06-09 9 SMALL and medium enterprises (SMEs) will now have a chance to simplify their accounting, payroll, and human resource functions in one software solution: Global CyOne. Global CyOne is a joint venture company set up by Global Yellow Pages (GYP) and software solutions provider, CyOne. It241 words
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155 2011-06-09 9 STX Pan Ocean Co is setting up three special purpose companies to facilitate the borrowing of funds which will be used for shipbuilding. “In connection with this, the special purpose companies will owe debt to financial institutions for ship financing and155 words
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COMPANY BRIEFS
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62 2011-06-09 9 Jet Technics posts 10mth net of HK$273,000 IN its quarterly update, Jet Technics International Holdings, reported a net profit of HK$273,000 (S$43,229) for the 10 months ended March 31, 2011, versus HK$1.246 million for the 10 months ended March 31, 2010. Turnover came in at HK$62.59 million, up from HK$60.962 words
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78 2011-06-09 9 NEL Group Limited yesterday said that it will be selling its entire 51 per cent stake, or five million shares, in Neolec to Kuo Tung Lung for NT$49.11 million (S$2.1 million), which translates to NT$9.831 a share. Mr Kuo currently holds 49 per78 words
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68 2011-06-09 9 ENGRO Corporation said that two employees at its associated company in Korea, VCEM Industrial Co, have breached their fiduciary duties. This is in respect to fraudulent transactions. VCEM Korea filed a police report on June 3 and will be pursuing a civil and68 words
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348 2011-06-09 9 JAMIE LEE - 44% shift views to ‘neutral’ from ‘overweight’ in Q2 By JAMIE LEE AN HSBC survey, which polled 13 top fund managers, has signalled less optimism over the equities market this quarter. Some 44 per cent of these managers shifted their views to “neutral”348 words
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Page 6 Advertisements
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Advertisement178 2011-06-09 6 VLAST WEEK FOR SUBMISSION Be the Shining Stars Awarding the finest in ICT innovations SiTF Awards, an ICT industry driven awards, is now OPEN FOR NOMINATIONS. If you have excellent products/ applications/ solutions and/ or an excellent team in marketing/ customer relationship management/ technical support, please submit your nominations online178 words
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Advertisement223 2011-06-09 7 i i= Luxurious Phuk< Excellent Opportunity j'-ji \> TV ft® [yjiiNi 1 ■',n£ x?s Built-up area of 5,220 6,415 sq ft and with open planned designed concept Modern design with 3 4-bedroom, all en-suite and with private swimming pools Strategically located in the area of Rawai, on the southern tip223 words
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SINGAPORE MARKETS
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Article, Illustration590 2011-06-09 8 VEN SREENIVASAN - Index sheds 12.97 points amid thin trading after Wall Street takes a hit from the economic gloom STOCKS VEN SREENIVASAN Senior Correspondent THE Singapore market’s benchmark index hovered precariously above a key support level as Wall Street continued heading southwards amid increasing concernsSource: Bloomberg - 590 words
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Article186 2011-06-09 8 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 6 1 0 0 0 7 6 1 Manufacturing 37 58 61 3 5 8 40 63 69 Commerce 14 18 19 2 4 2 16 22 21 Tpt/Stor/Comms 6 22 14186 words
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Article121 2011-06-09 8 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 55,736 55,736 79,325 79,325 Manufacturing 268,769 17,902 286,671 207,737 649 208,386 Commerce 87,827 3,934 91,761 158,694 435 159,129 Tpt/Stor/Comms 108,658 17,083 125,741 201,034 2,265 203,299 Finance 17,255 17,255 159,286 159,286 Construction 17,860 7,141 25,001 4,786121 words
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Article113 2011-06-09 8 Stock name Close Change CapMallsAsia 1.570 -0.010 CapitaLand 3.010 -0.020 CapitaMall 1.970 +0.020 CityDev 10.900 -0.140 ComfortDelGro 1.430 -0.010 DBS Grp 14.720 -0.080 F&N 5.750 -0.100 GLP 2.090 +0.010 Genting SP 1.970 -0.020 Golden Agri 0.690 +0.010 HK Land 7.430 +0.080 JMH 51.800 -1.200 JSH 30.000113 words
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Article66 2011-06-09 8 Jun 8 VALUE CLOSE BT OB/OS -253.00 -57.00 BT CADI -*****.00 -74.00 BT 10-day MA -*****.00 -26.00 FTSE ST Mid Cap 750.02 -0.83 FTSE ST Small Cap 523.10 -3.71 FTSE ST All Share 760.14 -2.95 FTSE ST China Top 254.90 -1.16 FTSE ST China 295.16 +1.16 FTSE66 words
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Article54 2011-06-09 8 VOLUME Samko 72,172,000 Golden Agri 67,590,000 Genting SP 36,387,000 Gallant 34,120,000 HPH Trust US$ 31,327,000 NexGenSCom 26,177,000 SingTel 24,493,000 Compact 21,025,000 Yangzijiang 18,487,000 Hartawan 16,567,000 VALUE($) SingTel 76,551,080 Genting SP 72,110,150 Wilmar 57,380,590 DBS Grp 53,929,042 UOB 53,412,502 Golden Agri 46,545,325 JMH 44,718,948 SIA 39,605,940 Keppel Corp54 words
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BROKERS’ TAKE
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Article298 2011-06-09 8 June 8 close: $14.00 DBS Vickers, June 8 SIA has signed a code share alliance agreement with Virgin Australia group of airlines providing access to each other’s networks, coordinating schedules and pricing, engaging in joint marketing and distribution, and offering frequent flyer benefits and lounge access to each298 words
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Article561 2011-06-09 8 Lynette Khoo - Compiled by Lynette Khoo June 8 close: $0.80 DMG Partners Sec, June 8 WE met CEO Richard Eu this morning (Wednesday) and here are some of the key takeaways: NEu Yan Sang intends to leverage on Healthzone Limited’s extensive distribution network of 127 retail stores in Australia561 words
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Article120 2011-06-09 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first, second, or third quarter q-o-q quarter-on-quarter TP120 words
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Article, Illustration423 2011-06-09 8 CURRENCIES AFP [TOKYO] The US dollar fell to a one-month low against the yen in Asia yesterday after a gloomy assessment of the US economy from Federal Reserve chairman Ben Bernanke, dealers said. After hitting a fresh one-month low of 79.84 yen, theAFP; BLOOMBERG - 423 words
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Article113 2011-06-09 8 BY CENTS CLOSE UP DBXT FTVietnam 10US$ 2978 67.7 1.9 DBXT Nifty 10US$ ***** 30.8 0.2 DBXT S&P Short 10US$ 4339 25.9 0.5 JSH 3000 22.2 0.6 STXPO 100 876 16.0 1.9 Hyflux 6% CPS 10 ***** 14.0 0.1 Asia Pac Brew 2610 10.0 0.4 HK Land 743 9.9113 words
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Article123 2011-06-09 8 BY CENTS CLOSE DOWN JMH 5180-147.8 -2.3 IS S&P500 *****-131.8 -0.8 DBXT MSKorea 10US$ 6206-124.4 -1.6 GLD 10US$ *****-120.7 -0.7 DBXT SPASX200 10US$ 3505 -76.4 -1.7 DBXT MSTHAI 10US$ 1582 -62.8 -3.1 DBXT MSAsExJp 10US$ 3389 -30.8 -0.7 DBXT MSTaiwan 10US$ 2054 -19.7 -0.8 DBXT S&P500 10US$ 2031 -19.7123 words
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Page 9 Advertisements
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Advertisement414 2011-06-09 9 Forbes 4 FORBES GLOBAL CEO CONFERENCE I M av. ACl 8 if: •4 AT THE CROSSROADS September 12-14,2011 Kuala Lumpur, Malaysia Confirmed speakers* 8 2* r Honorable Dato'Sri Steve Forbes, Chairman Liang Xinjun,Vice Mohd Najib Bin Tun Editor-in-Chief, Forbes Chairman CEO, Fosun Haji Abdul Razak, Prime Media, USA International, China414 words
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SINGAPORE NEWS
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352 2011-06-09 10 JASMINE NG - Strong Singapore dollar blamed; Japan and South Korea top the survey by ECA By JASMINE NG SINGAPORE has overtaken Hong Kong to become the third costliest country in Asia for expatriates after Japan and South Korea, according to ECA International. The firm352 words
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301 2011-06-09 10 LESTER HIO - By LESTER HIO A NEW award to celebrate the pinnacle of service in Singapore has been launched in order to achieve a customer-centric culture among organisations in Singapore. The Singapore Service Excellence Medallion is the latest and more prestigious initiative of the301 words
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Article, Illustration379 2011-06-09 10 NISHA RAMCHANDANI - MasterCard holders’ spending up 64% in first weekend By NISHA RAMCHANDANI THE Great Singapore Sale (May 27 to July 24) appears to be off to a great start, thanks in part to stronger consumer confidence. According to MasterCard, its Singapore-based and visitingAP - 379 words
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369 2011-06-09 10 LEE U-WEN - By LEE U-WEN THE upcoming presidential election should be carried out on a positive climate that focuses on the strong points of each candidate, rather than resorting to unfair means to “smear the reputation” of those willing to stand up for their country.369 words
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341 2011-06-09 10 VICTORIA HO - By VICTORIA HO SINGAPORE’s longest-run-ning IT and consumer electronics show, the PC Show, opens today. The fair, which is into its 21st year, will run over the weekend to close on Sunday. Some 600 exhibitors over an exhibition space of 350,000341 words
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Article, Illustration274 2011-06-09 10 At 11 b euros, it accounts for 23% of group’s global sales THE Bosch Group yesterday announced a surge in annual sales revenue for the Asia-Pacific region for 2010. This marks the highest contribution from the region to date. Accounting for 23274 words
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362 2011-06-09 10 SINGAPORE’S homegrown Shop N Save supermarket chain yesterday officially unveiled the fruit of its $7 million facelift. Featuring improved facilities, products and services, the revamp aided by feedback from patrons was undertaken to enhance consumers’ shopping experience. Besides streamlining the362 words
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198 2011-06-09 10 CERTIFICATE of Entitlement (COE) premiums closed significantly higher across the board at the end of June’s first open bidding exercise which ended yesterday afternoon. The sharpest rise was seen in the big cars category cars above 1,600cc where the COE premium shot198 words
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Page 10 Advertisements
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Advertisement19 2011-06-09 10 Call 1800 289 8822 or e-mail notices@sph.com.sg to place your AGM EGM Notices MATS I NOTICES 3i U J19 words
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ECONOMY WATCH
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Article, Illustration606 2011-06-09 11 Its economy likely to pick up; slowdown in growth expected to be temporary Reuters [TOKYO] The Federal Reserve does not need to consider additional monetary policy stimulus as the world’s largest economy is likely to pick up in coming quarters dueReuters; BLOOMBERG - 606 words
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265 2011-06-09 11 Bloomberg [BERLIN] German Finance Minister Wolfgang Schaeuble said bondholders must contribute a “substantial” share of a second aid package for Greece, proposing a swap that creditrating companies may term a default. Mr Schaeuble told European Central Bank (ECB) president JeanClaude Trichet and fellow euroBloomberg - 265 words
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746 2011-06-09 11 Emerging economies past crisis-fighting stage of recovery Bloomberg [WASHINGTON] Emerg-ing-market economies, growing almost three times faster than their developed counterparts, need to speed spending cuts and in-terest-rate increases as they fight inflation and overheating, the World Bank said. The Washington-based institution lowered its growthBloomberg - 746 words
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Advertisement163 2011-06-09 11 f c> I s 0® V s® Crt® k P \S \o V p 4 0J? i I 4 i <s X. WfjAfk Ill' P! i fi 4 5 it BUILDING CIVIL ELECTRICAL FABRICATION MAINTENANCE MARINE MECHANICAL PIPELINES RAIL TUNNELLING CONGRATULATIONS on the launch of the first Tunnel Boring Machine163 words
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MALAYSIA/INDONESIA
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Article, Illustration481 2011-06-09 12 It proposes to pay 30% of net profit to govt instead of a flat rate of RM30b Reuters [KUALA LUMPUR] Petronas, Malaysia’s only Fortune 500 company, proposed yesterday a major change to the dividend it pays the government, which relies on the state-owned oilReuters; REUTERS - 481 words
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395 2011-06-09 12 PAULINE NG - By PAULINE NG in Kuala Lumpur AMERICAN electrical and electronic companies in Malaysia exported nearly RM52 billion (S$21.2 billion) last year, or 26 per cent less than a year ago, as PC-related firms opted to outsource manufacturing to cheaper markets such395 words
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460 2011-06-09 12 S JAYASANKARAN - By in S JAYASANKARAN in Kuala Lumpur BOTH Maybank and the CIMB Group have hired foreign banks to advise them on their takeover bids of RHB Capital, paving the way for the creation of one of South-east Asia’s largest banks. Yesterday, the460 words
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225 2011-06-09 12 AFP [VIENNA] Indonesia, among the Group of 20 countries, has made the most progress in terms of competitiveness in recent years, but major challenges remain, the World Economic Forum said yesterday. In the WEF’s first-ever Indonesia Competitiveness Report, released ahead of theAFP - 225 words
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Page 12 Advertisements
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Advertisement1627 2011-06-09 12 TRANSIT-MIXED CONCRETE LTD (Incorporated In The Republic Of Singapore) Company Registration No. *****2587H NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 31st annual general meeting of Transit-Mixed Concrete Ltd will be held at Victoria Suite, Level 6, Carlton Hotel, 76 Bras Basah Road, Singapore *****8 on Wednesday,1,627 words
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Advertisement1330 2011-06-09 12 BUY IT-SELL IT-FIND IT MATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES ISDN HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****6788Z) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of ISDN HOLDINGS LIMITED (the “Company”) will be held at the 1051,330 words
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Advertisement281 2011-06-09 12 INFLIGHT SINGAPORE SALES GROUP PTE LTD Company Registration No. 2001-*****-E (In members' voluntary liquidation) At an extraordinary general meeting of the members of the Company held on 06 June 2011 the following resolutions were passed: AS SPECIAL RESOLUTION: Resolved that the Company be wound up voluntarily pursuant to Section 290(1281 words
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GREATER CHINA/INDIA
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Article, Illustration412 2011-06-09 13 Central bank fixes another all-time high mid-point as it fights inflation Reuiers [SHANGHAI] The yuan hit a record high versus the dollar yesterday as the People’s Bank of China fixed another all-time high mid-point and a top government official reiterated that imported inflationReuiers; BLOOMBERG - 412 words
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285 2011-06-09 13 Reuters [NEW DELHI] India faces a difficult task to achieve revenue collections because of slowing growth, senior officials said yesterday, indicating the government may come under increasing pressure to meet its fiscal deficit target. The government had projected 3.98 trillion rupees (S$109.7Reuters - 285 words
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372 2011-06-09 13 AFP [HONG KONG] Foxconn International, the world’s biggest contract electronics supplier, has lost its blue-chip status after being dropped from Hong Kong’s Hang Seng Index (HSI), an HSI official said yesterday. The Taiwanese technology giant’s departure from the city’s benchmark index comes as AIA,AFP - 372 words
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251 2011-06-09 13 Offer scrapped after launch as it is unable to attract enough institutional investors Reuters [SHANGHAI] Nanning Baling Technology Co has become the first company in the 20-year history of the Chinese stock market to scrap its initial public offering after the formal launchReuters - 251 words
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Page 13 Advertisements
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Advertisement75 2011-06-09 13 This announcement appears as a matter of record only. HOUSING DEVELOPMENT BOARD S$350,000,000 1.685% Notes due 2016 issued under HDB's S$7,000,000,000 Medium Term Note Programme Joint Lead Managers Australia and New Zealand DBS Bank Ltd The Hongkong and Shanghai Banking Group Limited Banking Corporation Limited S.NZ& 8 DBS HSBC <!►75 words
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Advertisement16 2011-06-09 13 CANALI SALE NOW ON PARAGON, 290 ORCHARD ROAD #01-43/44 RESORTS WORLD SENTOSA, 26 SENTOSA GATEWAY #02-12816 words
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WORLD
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Article, Illustration813 2011-06-09 14 ANTHONY ROWLEY - Near 3% GDP growth likely next year if consumption tax is raised then: Lipsky By ANTHONY in ANTHONY ROWLEY in Tokyo The International Monetary Fund (IMF) believes that Japan’s economy will begin a “strong recovery in the second half of this813 words
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Article, Illustration836 2011-06-09 14 Obama fears a spiral of default could hit US economy Bloomberg [BERLIN] German Chancellor Angela Merkel is heading home with a message from President Barack Obama to take the lead in managing Europe’s debt crisis. While hosting Ms Merkel for the highest-profileBloomberg; AP - 836 words
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263 2011-06-09 14 Reuters [TOKYO] A climate bill proposed by the Japanese government may be amended to remove a reference to a 2020 goal of cutting greenhouse gas emissions by 25 per cent from 1990 levels, the Asahi newspaper said yesterday, citing the headReuters - 263 words
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351 2011-06-09 14 It will introduce to Europe fish certified by Marine Stewardship Council Bloomberg [LONDON] McDonald’s Corp, the world’s biggest restaurant chain, plans to become the first company of its type to sell fish in Europe that has been certified as sustainable by the Marine StewardshipBloomberg - 351 words
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370 2011-06-09 15 Nissan’s top execs paid twice as much as Toyota Honda’s Bloomberg [TOKYO] Nissan Motor, Japan’s second largest automaker, handed its directors average pay that was more than twice that of its rivals Toyota Motor Corp and Honda Motor Co for the fiscal year ended in March. Average compensation, including bonuses,Bloomberg - 370 words
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Article, Illustration538 2011-06-09 15 AFP AP Reuters [BERLIN] Germany yesterday signalled hope that the “worst” of a killer bacteria outbreak was over as German and European Union (EU) health and consumer affairs officials met for urgent talks on the crisis. The number of new infectionsAFP; AP; Reuters; REUTERS - 538 words
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531 2011-06-09 15 Jakarta says it will ensure slaughterhouses treat animals properly AP [CANBERRA] Australia has suspended live cattle exports to Indonesia after an outcry over footage that showed the animals screaming and writhing as they were slaughtered, the government said yesterday asAP - 531 words
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Article411 2011-06-09 15 Saudi Arabia seeks to raise production by 1.5mbpd but fails to convince others Reuters AFP [VIENNA] Opec talks broke down yesterday without an agreement to raise output after Saudi Arabia failed to convince the cartel to lift production. Secretary-general Abdullah El-Badri said the effec- tiveReuters; AFP - 411 words
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468 2011-06-09 15 Plight may worsen as more austerity measures loom AP [ATHENS] Unemployment in debt-ridden Greece hit new record highs in March as government officials wrangled over tough new austerity measures required to tap the country’s rescue funds. The jobless rate increasedAP - 468 words
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Advertisement180 2011-06-09 15 Best GPS Brand NEW NEW 2565 2575R Driving Recorder and Analogue TV all-in-one design FREE GIFT Full-featured navigation with wide screen display CARRYING CASE Customise main menu Voice-activated navigation Compass Routes preview Custom avoidance Near search Optional driving recorder S$549 INTEGRATED DRIVING RECORDER Portable entertainment with video and media player180 words
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EDITORIAL & OPINION
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475 2011-06-09 16 EDITORIAL FACING some 700 global aviation leaders and some 250 journalists from around the world, the International Air Transport Association’s director-general Giovanni Bisignani decried the soon-to-be implemented EU’s Emissions Trading Scheme for airlines as “a US$1.5 billion cash grab that would do nothing475 words
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Article, Illustration821 2011-06-09 16 WILLIAM PESEK JR - THE BOTTOM LINE WILLIAM PESEK JR William Pesek is a Bloomberg View columnist. The opinions expressed are his own PRETEND you’re Darmin Nasution, Indonesia’s central bank governor, and inflation is running at about 6 per cent. Do you raise interest rates821 words
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Article, Illustration961 2011-06-09 16 ANTHONY ROWLEY - Their compounded annual GDP growth rate over the past decade has been 9.7% ANTHONY ROWLEY Tokyo Correspondent NAME the world’s fastest growing economy over the past 10 years. China?No, wrong; it’s Angola, followed by China. Name the third fastest. India? Wrong again; it’s Myanmar. IndiaBLOOMBERG FILE PHOTO - 961 words
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Article, Illustration1469 2011-06-09 17 SANDRA EU. LIM XIN MEI, MOHAMMED RAFDI RAFIQUE, KONG YOON KEE - Surveys show that the public has a disturbingly low level of awareness of changes in the various CPF schemes By SANDRA EU. LIM XIN MEI, MOHAMMED RAFDI RAFIQUE, KONG YOON KEE Sandra Eu, Lim Xin Mei and Mohammed Rafdi Rafique are final-year banking andFILE PHOTO - 1,469 words
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Article, Illustration595 2011-06-09 17 JOHN C K DALY - By JOHN C K DALY Dr John CK Daly writes for OilPrice.com. For more information on oil prices and other commodity related topics please visit www. oilprice. com THE world’s unceasing quest for new oil deposits has combined with offshore technology toREUTERS FILE PHOTO - 595 words
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AVIATION
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Article, Illustration486 2011-06-09 18 Airport officials are optimistic that international flights would return to normal yesterday Bloomberg AFP [SANTIAGO] South American flight delays caused by clouds of ash emanating from a volcano in Chile subsided after shifting winds pushed debris away from major airports. Lan Airlines SA, LatinBloomberg; AFP; AP - 486 words
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182 2011-06-09 18 Bloomberg [WASHINGTON] US airlines posted their second-worst April on-time rate in the 17 years records have been kept as storms complicated air-traffic operations, federal data show. Flights landed within 15 minutes of their scheduled arrival 75.5 per cent of the time,Bloomberg - 182 words
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Article3295 2011-06-09 18 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1300 KU6458 1415 --SQ458 1415 EY473 1955 NH6369 1955 VA7473 1955 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7278 1745 VS7279 2350 9W4081 1820 AF8087 1820 AY5012 1820 BA7381 1820 JL7892 1820 MU8440 1820 QF81 18203,295 words
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334 2011-06-09 18 Bloomberg [NEW YORK] British Airways and Chilean carrier Lan Airlines have agreed to pay a total of US$155.5 million to cargo customers to settle a US lawsuit over their involvement in a global price-fixing cartel that increased fuel surcharges. The deals,Bloomberg - 334 words
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628 2011-06-09 18 Bloomberg [SINGAPORE] FedEx Corp, the biggest air-cargo carrier, and Cathay Pacific Airways Ltd have forecast a pick-up in freight demand in the second half of the year that may help airlines offset surging fuel prices. “The momentum we see in theBloomberg - 628 words
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Page 18 Miscellaneous
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Miscellaneous360 2011-06-09 18 CRYPTIC CROSSWORD Across 1 It could make sage rage (in more ways than one!) (5-10) 9 Nasty fool and sweetheart sent back good! (9) 10 Animal starts to nurture young and leaves afterwards (5) 11 Kitchen device brings some happiness to Vera (5) 12 The man is unfortunately absorbing one360 words
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3817 2011-06-09 19 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E 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 Destination3,817 words
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Page 19 Advertisements
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Advertisement26 2011-06-09 19 Shippers looking for Warehouse TO ADVERTISE, CALL JOE WONG AT *****327 Can they find your services here in the Shipping Times? THE BUSINESS TIMES SHIPPING TIMES26 words
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SHIPPING
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Article, Illustration719 2011-06-09 20 Reuters [LONDON] A major upturn in dry bulk shipping rates is not expected before the end of 2013 as the freight market will continue to struggle with mounting fleet growth, leading shipbroker Fearnleys said here on Tuesday. Sverre Svenning, director at Fearnley Consultants,Reuters; BLOOMBERG - 719 words
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234 2011-06-09 20 Bloomberg [SEOUL] Hyundai Heavy Industries Co, the world’s biggest shipyard, fell the most in two weeks after saying that it may consider bidding for a US$2.4 billion stake in Hynix Semiconductor Inc being sold by former creditors. “In principle, we areBloomberg - 234 words
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528 2011-06-09 20 Analysts say it will improve freight derivatives trading and expand market Bloomberg [LONDON] The new freight derivatives trading screen from the Baltic Exchange, a 267-year-old bourse that sets global shipping prices, will attract hedge funds and expand the US$24 billion market, CitigroupBloomberg - 528 words
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409 2011-06-09 20 Capesize rates lead slide as mounting vessel supply weighs on sentiment Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates to ship dry commodities, fell for a second day on Tuesday with mounting vessel supply weighing on sentiment. TheReuters - 409 words
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Page 20 Advertisements
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Advertisement20 2011-06-09 20 FREIGHT Eir FORWARDER urgently needed by shippers Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 132720 words
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Advertisement15 2011-06-09 20 Experienced sh/p maintenance services wanted. Can they find your services here in the Shipping Times?15 words
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SINGAPORE STOCKS
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Article8315 2011-06-09 21 Transaction date: Jun 8 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 8Telecom 16 400 15 16 7.8 3.8 3.4 76.6 12 4.5 A-Sonic 7.5 -0.5 100 7.5 7.5 7.58,315 words
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Article1563 2011-06-09 22 SGX CATALIST 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 5.5 4 t AA Grp 4 4 4.5 19 3.9 202 145 t APStrategic 161 145 161 95.5 1.5 0.5 t Advanced1,563 words
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Article9864 2011-06-09 22 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.36/ APS Alpha Fund (USD)!** 1.11/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.76/ Aberdeen Asset Mgt Asia Limited American Opp 0.6356/ Asian Credit Fund9,864 words
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Article248 2011-06-09 22 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A47.5 46.5 50 3.6 7.4 3.8 123.7 55 16 Genting HK US$ US38.5 -1 ***** 39 38.5 38.5 39 2535 21 10.5 Over&Gen A15248 words
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Article866 2011-06-09 22 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 118 115 120 538.6 1077 802 CIMBAsean40 100US$ US1041 -8 0 1041 1041 1038 1044 41.6 350 280 DBS STI866 words
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FINANCE & COMMODITIES
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374 2011-06-09 23 In local curr In S$ In US$ dy yr dy yr dy yr Jun 7 Index Change Change Change Change Change Change World Index Preliminary 897.2 0.3 -0.1 0.2 -1.6 0.4 2.8 EAFE Preliminary 776.7 0.1 -3.0 0.2 -1.5 0.4 2.8 Europe Preliminary 1161.3 -0.1374 words
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Article180 2011-06-09 23 Jun 8 $S Offer Bid 0vernight 0.02 0 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.05 US$ Offer Bid 7 days 0.23 0.13 1 month 0.28 0.18 2 months 0.32 0.22 3 months 0.37 0.27 6 months 0.46 0.36 9 months 0.70 0.50 12180 words
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Article22 2011-06-09 23 Jun 8 S$ Bid Offer 1-month 1.2316 1.2326 2-months 1.2315 1.2326 3-months 1.2315 1.2325 6-months 1.2313 1.2323 Source: OCBC22 words
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Article121 2011-06-09 23 Jun 08 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.356 1.28 Can dollar 1.283 1.234 Euro 1.836 1.766 Sterling pound 2.057 1.978 NZ dollar 1.035 0.986 US dollar 1.245 1.198 Local dollars to 100 units of foreign121 words
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Article27 2011-06-09 23 Jun 8 Open High Sett STI Jun 3103 SIMSCI Jun 361.6 362.8 360.6 Taiwan Jun 321.9 322.6 320.5 Source: MF Global (S) Pte Ltd27 words
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Article67 2011-06-09 23 Jun 8 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Month Range Price Pr Av Vol "ice High Low Done Pr Open jsition Jun 11 3343 3342 3354 3335 348 1429 Jul 11 3346 3340 3363 3327 1336 9978 Aug 11 3333 3316 3350 3313 ***** ***** Sep 1167 words
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Article457 2011-06-09 23 Jun 8 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun11 99.7475 0 1933 Sep11 99.6750 0 5655 Dec11 99.6150 0 3293 Mar12 99.5450 0 1677 EUROYEN TIBOR FUTURES Jun11 99.6650 16 5797 Sep11 99.6600 37 1467 Dec11 99.6625 0 1957 Mar12 99.6500 0 4177 Jun12 99.6650457 words
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Article149 2011-06-09 23 Jun 8 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jul 11 518.8 515.0 518.8 8 110 Aug 11 510.0 510.0 510.0 7 65 Sep 11 335 Oct 11 206 Nov 11 161 Dec 11 500.9 499.5 499.5 18149 words
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Article77 2011-06-09 23 Jun 8 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 08.09.2011 0.33 0.30 0.29 1-Year BY*****X 02.05.2012 0.42 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.16 5-Year N*****0W 1.125 01.04.2016 100.30 100.42 100.3777 words
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Article107 2011-06-09 23 Jun 7 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 11 1394.00 1383.25 1394.75 1380.25 Aug 11 1388.00 1377.75 1388.00 1375.75 Sep 11 1387.00 1373.75 1384.00 1374.50 Nov 11 1385.25 1372.75 1385.00 1370.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 11 57.93107 words
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Article77 2011-06-09 23 CRUDE OIL PRODUCTS Jun 7 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 115.30 0.24 WTI (Near Mth) 99.30 0.66 Dubai (1-Mth F) 108.32 0.19 Tapis blend 121.23 0.23 Minas 118.63 0.23 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.28 -0.28 Jet Kerosene 127.36 -2.46 US$/barrel Opec Oil77 words
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2568 2011-06-09 23 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 23.5 1 150 8 6.85 35 ASJ Hldgs W*****1 1.5 1 4 22 3.00 8 AlliedTech W*****2 2 1 4 29 Asia Water Tech Ltd W*****8 3.5 12,568 words
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Article462 2011-06-09 23 Jun 8 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.041 6.880 0.725 8.266 47.454 90.484 0.849 11.476 3.204 1.304 91.259 45.930 1.309 7.169 0.889 30.508 32.219 0.649 1.062 Canada 0.961 6.612462 words
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Article85 2011-06-09 23 Jun 8 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article138 2011-06-09 23 Jun 8 GOLD (US$/oz) Jun 07 Jun 08 Hong Kong 1550.00 1541.00 Jun 07 Jun 06 London 1538.77 1551.60 1539.55 1552.60 Source: Thomson Reuters CAST BAR Jun 08 (S$) Selling Buying Kilobar 65,305.31 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 146 61 5gm 415 305 10gm 742138 words
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Article71 2011-06-09 23 Jun 7 Jun 7 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2665.00 2645.25 3 months 2687.00 2664.00 Copper, Grade A (US$/tonne) Cash 9126.50 9122.75 3 months 9148.00 9135.00 Lead (US$/tonne) Cash 2547.00 2501.00 3 months 2548.00 2502.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)71 words
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Article154 2011-06-09 23 Jun 8 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3083 1.3098 1.0623 1.0626 Canadian dollar 1.2572 1.2588 1.0208 1.0212 Euro 1.8042 1.8061 1.4649 1.4653 NZ dollar 1.0033 1.0044 0.8146 0.8149 Sterling pound 2.0159 2.0179 1.6368 1.6371154 words
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Article82 2011-06-09 23 Jun 7 COCOA (£/tonne) Close Prev High/Low Jul 11 1781 1772 1808/1768 Sep 11 1802 1793 1826/1790 Dec 11 1831 1822 1856/1822 Mar 12 1853 1843 1876/1841 COFFEE (US$/tonne) Close Pev High/Low Jul 11 2433 2404 2437/2366 Sep 11 2479 2449 2483/2410 Nov 11 2507 2477 2510/2440 Jan 1282 words
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BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
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Article, Illustration1063 2011-06-09 24 AMIT ROY CHOUDHURY - Phenomenon is the biggest disruptive force since the PC, says new HP CEO Leo Apotheker B y AMIT ROY CHOUDHURY in Las Vegas Iof tPacof tredputgliteve N KEEPING with the spirit of the location, Hewlett Packard (HP) made a slew of announcements centred aroundREUTERS - 1,063 words
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Article, Illustration537 2011-06-09 24 VICTORIA HO - By VICTORIA HO AVAYA has a lofty target to double its revenue in three years, and is seeing customer reception pick up since it bought over Nortel’s networking hardware division in 2009. The telephony vendor sells hardware and software products537 words
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826 2011-06-09 24 VIRENDER AGGARWAL - Communicating clearly with stakeholders in their hour of need is of utmost import <you say> By VIRENDER AGGARWAL The author is the Singapore-based president for Asia, Africa, and the Middle East for HCL Technologies AT THE height of a major natural disaster,826 words
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Page 24 Advertisements
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Advertisement35 2011-06-09 24 table! THE HEARTBEAT OF THE INDIAN COMMUNITY Has the overpowering lure of the MBA led to its "commoditisation"? MAXI DRESSES ARE HOT THIS SUMMER GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST35 words
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PROPERTY
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497 2011-06-09 25 This will be used to build 100,000 homes over the next three to four years Reuters [LONDON] Britain plans to sell public land worth an estimated £10 billion (S$20 billion) to address a chronic housing shortage and help erode its recordReuters - 497 words
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Article, Illustration840 2011-06-09 25 Bloomberg [DUBLIN] As Europe’s debt crisis deepens, Ireland is considering desperate measures to revive what remains of the country’s real estate industry. The National Asset Management Agency (NAMA), set up by the government 18 months ago to acquire risky assets, is trying to lure buyersBloomberg; BLOOMBERG - 840 words
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374 2011-06-09 26 Statistics bureau says number of loans gained 4.8% from March Bloomberg [SYDNEY] Australian home-loan approvals rose in April by the most since March 2009, the first increase in financings this year, as the central bank extended a pause in raising interest rates.Bloomberg - 374 words
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Article, Illustration361 2011-06-09 26 Reuters [WELLINGTON] New Zealand house prices were soft and flat for the sixth month in a row in May, with sales subdued as the onset of winter cools the market, government property valuer Quotable Value (QV) said on Tuesday. QV’s residential house price index fellReuters; BLOOMBERG - 361 words
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158 2011-06-09 28 Bloomberg [HONG KONG] Hong Kong secondary home prices will rise a further 14 per cent by the end of the year, Credit Suisse Group AG (CS) said, driven by a widening in negative real interest rates, a weaker US dollar, and buying byBloomberg - 158 words
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Article, Illustration642 2011-06-09 28 But size and price of Borrett Road site may limit bidding to a few mega players Bloomberg [HONG KONG] Hong Kong’s government may set a record today when it auctions a residential piece of land in one of the most luxuriousBloomberg; REUTERS - 642 words
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Article, Illustration626 2011-06-09 29 KALPANA RASHIWALA - The site includes a 113-year-old conservation bungalow By KALPANA RASHIWALA PROPERTY giant Far East Organization continues to grow its stronghold in the Katong/East Coast Road/ Amber Road vicinity. This time it has clinched a 47,400 square feet freehold site on Marine626 words
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1579 2011-06-09 29 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED One Shenton Apt 17/05/2011 99 538 1250 2323 One Shenton Apt 11/05/2011 99 5381,579 words
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Page 25 Advertisements
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Advertisement287 2011-06-09 25 Huttons realestategroup Huttons Asia Pte Ltd Licence no. L *****99K AYER RAJAH EXPRESSWAY O DC Science Park II National University of BTS1 Singapore Kent Ridge (U/C) a Science Park Pasir Haw Par Villa Village The Village Ctr Pasir Panjang Inn PASIR PANJANG RD 3 A Subject v Site WEST COAST287 words
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Advertisement61 2011-06-09 25 ENTERPRISE LOGISTICS CENTRE -J Warehouse For Lease 2 Storey ramp-up warehouse at Tuas South Unit sizes from 28,000 sq ft to 76,000 sq ft Clear ceiling height of up to 10 m Heavy floor loading of up to 25 KN/ m2 Sheltered loading/unloading bays in front of units For leasing61 words
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Page 26 Advertisements
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Advertisement195 2011-06-09 26 STRONG CAPITAL GROWTH POTENTIAL JUST MINUTES FROM THE CITY OF LONDON Millenium Bridge Borough Market King’s College London Guy’s Hospital St.Paul’s Cathedral The Shard Tate Modern London Bridge The Gherkin Tower of London City Hall 106WestonStreet More London Tower Bridge 5.2%RENTALGUARANTEEFOR3YEARS* Building permit number: 10/AP/1088, 10/AP/1365 EXCLUSIVE EXHIBITION 5.2% rental195 words
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Advertisement307 2011-06-09 26 THE WORLD OF LUXURIOUS REAL ESTATE Quillion builds multi million dollars investment property portfolios for people who want to invest in their future I MAGNIFICENT PENTHOUSES Orchard Res Elegant Penthouse of 4,200sf on the 5X fir offers sleek and elegant interior. Outstanding levels of comfort, luxury finishes and breathtaking 360307 words
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Page 27 Advertisements
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Advertisement1011 2011-06-09 27 7* ffe jSplendour of Seaside on Sentosa Island cTean views, iconic architecture and a Jj I -T gical landscape of oceanic forms put this luxury Sentosa Cove development in a class of its own. SENTOSA COVE cape Seaside Living 1 1 1 i tib •i 7 '4 f)' 1 H1,011 words
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Page 28 Advertisements
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Advertisement302 2011-06-09 28 SOHO STYLE STRATA OFFICE FOR SALE Award winning conservation project Short stroll to 3 MRT stations Raffles City 872 sf to 1,808 sf (Units Left), 3rd to 6th storey Every unit with en-suite shower in marbled walls/luxurious fittings Sale by Private Treaty, Immediate Occupation HONG HOW INVESTMENTS Pte Ltd Enquires,302 words
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Advertisement192 2011-06-09 28 FOR SALE BY TENDER COLLECTIVE SALE KELLOCK LODGE Freehold; prime district 10 Land Area 21,783 sf “Residential” with plot ratio 2.8 Walking Distance to Great World City 5 Minutes to Orchard Road Tender Closing 8thJuly 2011, 3.00pm INVESTMENT SALES 6533 0220 Estate Agent License No. L*****25E "J" THE CONCOURSE (BEACH192 words
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Advertisement150 2011-06-09 28 MARINA COLLECTION Seafront Lifestyle at Sentosa JONES LANG Choice of 3 I 4 bedrooms T apartments penthouses ft Ready for immediate l occupation Mya Luu 9188-1978 CEA Licence No R*****8F BRAND NEW FREEHOLD HOTEL DUNLOP STREET FOR SALE Newly A&A building upgraded with Full Hotel License 31 fully furnished guest150 words
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Advertisement123 2011-06-09 29 FOR SALE BY TENDER Elevated plot of 2 storey with basement Site area: approx. *****sf, total floor area: approx. *****sf. Tranquil, Prestigious n Exclusive enclave surrounded by lush greenery. Neighbouring Botanic Gardens, Dalvey n Nassim estates. State Title Tenure: Estate in Fee Simple. Within White House Park Good Class Bungalow123 words
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VISIONARIES
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Article, Illustration1082 2011-06-09 30 For Herzog and de Meuron, the ultimate aim is not to create a grandiose statement but to let visitors get involved in architecture A SPECIAL FEATURE BROUGHT TO YOU BY INESSENCE BESPOKE RESIDENCES BY FAR EAST ORGANIZATION IN 2008, the Beijing National Stadium became theTHE PRITZKER ARCHITECTURE PRIZE; BLOOMBERG - 1,082 words
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Advertisement186 2011-06-09 30 vi vf fwfc 8 vV^JSwBir 1 .''vimsu'H 1,| '> l \Sl!BKl li ir l X V 1 1 ,,K iiKK«r n Hns' m HBB!! 1 lift fiii! 'v, iiii-j i;i!„>|S: n Brian" J ninn A limited collection of bespoke residences in the heart of prestigious Orchard Road, Alba is an186 words
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