The Business Times, 30 June 2011

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Total Pages: 30
1 30 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Thursday, June 30,2011
    23 words
  • 954 1  -  Gross profit margins can be up to 76%; five of seven projects have yielded at least 28% By UMA SHANKARI [SINGAPORE] Developers can make gross profit margins of up to 76 per cent from the public housing projects they develop under HDB’s design,
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  • 659 1 Measures include spending cuts, tax rises and asset sales Reuters AFP [ATHENS] Greece’s Parliament has approved deeply unpopular austerity measures despite worsening violence yesterday, in a vote vital towards securing international funds and preventing the eurozone’s first sovereign default. Lawmakers approved a five-year package of
    Reuters; AFP  -  659 words
  • 143 1 GST INDEX 3,079.74 (+28.95) G ST INDEX FUTURES 3,080 (+29) G SIMSCI 356.30 (+3.78) G SIMSCI FUTURES 356.70 (+4.90) FOREX US$ S$ US$ (S$ per US$) 1.235 (US$/S$ per 1.599 1.975 EURO (US$/S$/E) 1.440 1.779 Foreign currency per US$ S$ YEN 81.10 65.60 RM 3.036 2.457 HK$ 7.783
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  • Page 1 Advertisements

  • TOP STORIES
    • 504 2 Profit margins for DBSS developers ‘look high’ DEVELOPERS can make gross profit margins of up to 76 per cent from the public housing projects they develop under the HDB’s design, build and sell scheme, data compiled by BT shows. Five out of the seven DBSS projects launched since
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    • 662 2  -  He says they agree on importance of continued reforms to Fund governance By LEE U-WEN [SINGAPORE] Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam is eager to work with new International Monetary Fund (IMF) managing director Christine Lagarde to address immediate threats
      BLOOMBERG  -  662 words
    • 713 2  -  By HUGO DIXON DEAR Greeks, REUTERS BREAKINGVIEWS The anger you feel about your plight is understandable. You are staring at several unpalatable alternatives, all of which will involve big cuts in living standards for years to come. But the options you
      REUTERS  -  713 words
    • 504 2  -  By EMILYN YAP [SINGAPORE] Shares of the three local banks rose on the stock market yesterday, unaffected by news of tougher capital adequacy rules to come in Singapore. United Overseas Bank (UOB) was the biggest gainer among the three, climbing 40 cents or
      504 words
    • 604 4  -  Lui Tuck Yew urges them to tap growth opportunities in Pearl River Delta region By LYNETTE KHOO [SINGAPORE] Several memoranda of understanding (MOU) and agreements involving Singapore companies were inked yesterday in Guangzhou where the third Singapore-Guang-dong Collaboration Council (SGCC) meeting
      604 words
    • 740 4  -  By PAULINE NG in Kuala Lumpur IF there is one immediate tangible arising from Khazanah Nasional and Temasek Holdings’ joint statement of intent on Iskandar Malaysia, it is in the confidence department. Sentiments have been tremendously boosted, corporate players declared yesterday, most
      BLOOMBERG FILE PHOTO  -  740 words
    • 473 4  -  By SIOW LI SEN [SINGAPORE] They may be very rich but time is one thing that even the wealthiest Asians cannot buy, and it seems to be why securing the future for the grandchildren is not a priority, a survey
      473 words
    • 951 4  -  NEWS ANALYSIS By VEN SREENIVASAN [SINGAPORE] Tony Fernandes may not yet be Asia’s version of Richard Branson, but the founder and boss of AirAsia sure knows how to put up a show. Following the first three
      REUTERS  -  951 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 88 4 CAPITAL NEEDED/BUSINESS OPPORTUNITY Petroleum Product Trader needs 1 million USD for 90 days at 10% per year. This will be used for physical trading of Gasoline in the African Market. Money will be backed by Advanced Payment Bond issued by PHB insurance. Petroleum products procured (Gasoline/Petrol) will be insured by
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    • 17 4 Call 1800 289 8822 I or e-mail notices@sph.com.sg to publicise your Financial Statements WATS S NOTICES Si
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  • Page 5 Advertisements
    • 540 5 27JUN-3 JUL 2011 Support Singapore's Arts and Culture Your contribution will help our Arts, Culture and Heritage to thrive and enrich our lives! We need Arts and Culture because they add so much value to our lives! Not only will they enhance our creativity and enrich our lives, Arts and
      540 words

  • COMPANY NEWS
    • 713 6  -  Final nail in coffin is failure to get SGX nod for its proposed restructuring DELISTINGS AND TAKEOVERS By LYNETTE KHOO IT built the largest data centre in Singapore, and possibly the region, and was coveted enough to be the target of a
      713 words
    • 488 6  -  By JOYCE HOOI PORTEK International, the target of an acquisition bid by International Container Terminal Services, Inc (ICTSI), might be making some headway with another party that is interested in it, BT understands. The firm which has not been identified but had been
      AFP  -  488 words
    • 871 6  -  By FELDA CHAY GENERAL Magnetics yesterday pointed its finger at the Singapore Exchange (SGX) for the predicament that its minority shareholders now face, alleging that the exchange did not give the multimedia products firm sufficient time to make a reasonable exit offer before
      871 words
    • 478 7  -  OCBC’s Conner sees foreign lenders charging relatively more for loans By CONRAD TAN CHANGES in banking rules worldwide are likely to give local banks in each country an advantage over foreign banks, OCBC Bank chief executive David Conner said yesterday. New regulations will
      478 words
    • 617 7  -  HOCK LOCK SIEW By MICHELLE TAN SOME may see it as just a matter of accounting treatment but a potential change in accounting standards relating to the classification of leases which will lead to companies having to recognise operating lease payments as a
      617 words
    • 232 7  - DBS to tap S’poreChina currency swap facility By JASMINE NG DBS Bank has applied to the Monetary Authority of Singapore (MAS) to tap the bilateral currency swap agreement established between the central banks of Singapore and China. It said this groundbreaking initiative, to provide renminbi (RMB) financing to a Singapore-based
      232 words
    • 379 9  -  New planes will fly on Asia, Australia, Middle East routes By NISHA RAMCHANDANI [SINGAPORE] Singapore Airlines (SIA) is leasing 15 additional A330-300 aircraft from the world’s largest plane-maker Airbus, with plans to deploy the new planes on routes within Asia as well as to
      ST FILE PHOTO  -  379 words
    • 256 9  -  By JAMIE LEE FULL Apex Holdings is facing pressure from some unnamed shareholders to buy up their shares at an independent valuation price. The Chinese company, which makes plastic bottles, said yesterday that it had received a copy of petition
      256 words
    • 557 9 Reuters [SINGAPORE] The Singapore Mercantile Exchange (SMX) could launch new futures contracts in iron ore and coal in the fourth quarter of the year, the new head of the exchange said yesterday. Vaidyalingam Hariharan, the exchange’s interim chief executive, also told
      Reuters  -  557 words
    • COMPANY BRIEFS
      • 53 9 BH Global Marine Ltd said that its subsidiary, PT BH Marine Offshore Engineering (PTE), has signed a $15 million electrical and fabrication contract with a major Indonesia oil company. The expected start and delivery date is third quarter 2011 and progressively by first
        53 words
      • 105 9 KHONG Guan Flour Milling Ltd posted a 22.42 per cent fall in profit for the full year ended on April 30, 2011 from $5.90 million the previous year to $4.57 million. Revenue slid 4.15 per cent from $59.56 million to $57.08 million. The
        105 words
      • 81 9 NOL Group opened its new terminal at the Port of Qingdao, well ahead of schedule. It was originally expected to open in the second half of 2011. The inaugural call at the terminal was made yesterday by APL Dubai, a 6,574 TEU vessel
        81 words
      • 38 9 YUEXIU Property Company said yesterday that it has inked an agreement for an unsecured three-year term loan facility of up to HK$1 billion (S$158.5 million) with a bank, which it did not name.
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    • 247 9  -  The deals, worth $140m, were awarded by fleet operators in Brazil By JOYCE HOOI KEPPEL Offshore Marine’s new shipyard in Brazil Keppel Singmarine Brasil (KSM Brasil) has won two newbuild contracts worth about $140 million from fleet operators in Brazil. One of the contracts
      247 words
    • 227 9  -  By CARINE LEE VIKING Offshore and Marine is no longer a substantial shareholder of United Envirotech Ltd (UEL) after it sold 32 million shares in the wastewater treatment company for $9.66 million, lowering its stake to 4.48 per cent from 11.19 per cent. The
      227 words
  • Page 6 Advertisements
    • 1668 6 SM SUMMIT HOLDINGS LIMITED (Incorporated in Singapore on 31 March 1984) (Company Registration No.: *****1088W) NOTICE OF EXTRAORDINARY GENERAL MEETING (“EGM”) NOTICE IS HEREBY GIVEN THAT an EGM of the shareholders of SM Summit Holdings Limited (the “Company”) will be held at Paramount Hotel Singapore, Parawave@level 4, 25 Marine Parade,
      1,668 words
    • 78 6 herworld.com Over $6,000 worth of prizes including luxury holiday at the Baros Maldives Go to www.herworld.com/weeklygiveaways now to participate!) We have 2 Samsung Dual LCDs Cameras ST700 to give away worth a total of $918 Goldheart Mode Tres Bleu v£y diamond pendant worth $838 and $1,500 worth of gift vouchers
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  • Page 7 Advertisements
    • 116 7 WINNER IG Markets I Investment^Trends Sept 2010 Singapore CFD Report Highest overall Singapore's No.1 CFD provider for customer satisfaction. 5o I- .4m no 08 Z4M 08 HB *****836 L B2 HB 2425 IG Markets ranked first for overall customer satisfaction. Clients praised our value for money and tight spreads. We
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  • SINGAPORE MARKETS
    • 590 8  -  ST Index advances 28.9 points following a firm opening in Europe STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index (STI) rose 28.95 points to 3,079.74 yesterday in response to a firm opening in Europe and hopes that Wall Street would be able to extend
      Source: Bloomberg  -  590 words
    • 114 8 Stock name Close Change Stock name Close Change CapMallsAsia 1.480 +0.020 CapitaLand 2.870 +0.030 CapitaMall 1.880 -0.020 CityDev 10.260 +0.020 ComfortDelGro 1.420 +0.020 DBS Grp 14.400 +0.100 F&N 5.650 +0.050 GLP 2.050 +0.040 Genting SP 1.940 +0.030 Golden Agri 0.680 +0.005 HK Land 7.050 -0.010 JMH
      114 words
    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 10 3 3 0 0 0 10 3 3 Manufacturing 57 29 56 3 4 14 60 33 70 Commerce 18 11 25 4 2 4 22 13 29 Tpt/Stor/Comms 28 5 9
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    • 117 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 36,132 36,132 88,148 88,148 Manufacturing 295,845 21,258 317,103 151,575 688 152,263 Commerce 44,226 3,267 47,493 72,191 513 72,704 Tpt/Stor/Comms 135,491 16,343 151,834 218,927 1,681 220,608 Finance 16,232 16,232 186,466 186,466 Construction 63,950 2,653 66,603 23,299
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    • 4 8 STRAITS TIMES INDEX DAILY
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    • 66 8 Jun 29 VALUE CLOSE BT OB/OS 17.00 +226.0 BT CADI -*****.00 +124.0 BT 10-day MA -*****.00 +1.00 FTSE ST Mid Cap 738.61 +3.51 FTSE ST Small Cap 517.41 +2.93 FTSE ST All Share 753.34 +6.35 FTSE ST China Top 250.33 +0.82 FTSE ST China 287.78 +0.58 FTSE
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    • 60 8 VOLUME EastgateTech 125,662,000 Golden Agri 73,280,000 Genting SP 54,746,000 HPH Trust US$ 49,848,000 PSL Hldgs 49,349,000 Artivision 46,376,000 SingTel 27,277,000 Samko 17,635,000 MDR 17,134,000 Yangzijiang 16,213,000 VALUE($) Genting SP 105,775,110 SingTel 84,205,400 UOB 77,756,480 DBS Grp 57,358,580 HPH Trust US$ 50,498,771 Golden Agri 49,688,120 Keppel Corp 45,437,860
      60 words
    • BROKERS’ TAKE
      • Article, Illustration
        419 8 June 29 close: $2.98 OCBC Investment Research, June 29 ST ENGINEERING’s (STE) electronics arm ST Electronics (STEL) has secured contracts worth around $58 million for Intelligent Transport Systems (ITS) and In-fo-Security (IS) projects as orders continue to flow in. Earlier in June, its marine arm ST Marine (STM)
        Source: Bloomberg  -  419 words
      • 373 8  -  Compiled by JOYCE HOOI June 29 close: $2.51 DMG Partners Research, June 21 M1 has launched Singapore’s first commercial Long Term Evolution (LTE) network in selected parts of the republic. The coverage will be progressively expanded is-land-wide by Q1 2012. The telco is rolling out the service to enterprise
        373 words
      • 135 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
        135 words
    • 428 8 CURRENCIES Reuters [NEW YORK] The euro rose against the US dollar yesterday after Greece’s Parliament approved austerity measures needed to avoid a default, though concern over whether the government can implement them could limit gains. Greek Prime Minister George Papandreou won a parliamentary
      Reuters; BLOOMBERG  -  428 words
    • 111 8 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 173.0 1.1 DBXT MSKorea 10US$ 6234 169.3 2.2 JMH 5488 133.4 2.0 IS DJ US Tech 6405 132.2 1.7 JSH 3080 111.2 3.0 GLD 10US$ ***** 81.5 0.4 DBXT E50 10US$ 4452 56.8 1.0 DBXT MSAsExJp 10US$ 3328 50.7 1.2 Jardine
      111 words
    • 117 8 BY CENTS CLOSE DOWN DBXT DBCBDJUBS 10US$ 3706-135.9 -2.9 DBXT S&P Short 10US$ 4280 -70.4 -1.3 DBXT DBLCI-OY 5US$ 4076 -56.8 -1.1 Asia Pac Brew 2880 -50.0 -1.7 CombWill 100 266 -25.0 -8.6 DBXT MSJAP 10US$ 3820 -18.5 -0.4 OmegaNav 73 -10.0 -12.0 SembMarMBLeCW*****2 5.5 -9.5 -63.3 SIMSCI380MBePW*****9 53.5
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    • 5 8 DAILY
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  • Page 9 Advertisements
    • 918 9 (Incorporated in Kuwait with limited liability) Head Office: Abdullah Al-Ahmed Street P.O. Box 95, Safat ***** Kuwait Consolidated Statement of Financial Position As at 31 December 2010 Consolidated Statement of Income For the year ended 31 December 2010 2010 KD000’s 2009 KD000’s Assets 2010 KD000’s 2009 KD000’s Interest income 481,915
      918 words

  • SINGAPORE NEWS
    • 517 10  -  He urges countries to tap on sector’s potential as a key source of growth By LEE U-WEN TRADE and Industry Minister Lim Hng Kiang has called on countries to tap the vast potential of the services sector as a key source of
      517 words
    • 393 10  -  By LYNN KAN ASIA may well replace the United States as the centre of innovation for medical technology, said Thomas Fogarty, the father of minimally invasive surgery. This, however, will take place only if the region avoids over-regulation, said Dr Fogarty
      393 words
    • 544 10  -  Singapore Court of Appeal overturns High Court ruling By GRACE LEONG THE Revenue and Customs Service in Britain scored a major legal victory in Singapore that could bring it closer to recovering about S$84 million from two Singaporean businessmen mired in an alleged tax
      544 words
    • 869 10  -  4 children seek to regain assets pledged to charities from mother By GRACE LEONG THE family of Tan Kiam Toen, the late founder of Afro-Asia Shipping Co, are locked in a bitter dispute over assets that he and his wife willed
      869 words
    • 686 10  -  By MALMINDERJIT SINGH STUDYING the problem of income inequality would be a key priority for the new director of the Institute of Policy Studies (IPS), Janadas Devan. Mr Devan, who was unveiled as IPS’ new director yesterday, told BT that he
      686 words
    • 457 10  -  By MINDY TAN WHILE family businesses in Asia are engaged in corporate social responsibility (CSR) activities, not enough is being done to integrate it into their business strategies. A report, conducted by CSR Asia in partnership with Family Business Network
      457 words
    • 246 10 Firms urged to raise quality, standards of products services IMPROVING quality and standards could be a key business strategy to increase productivity and confidence in Singapore’s products and services. These statements were made by Minister of State for Trade Industry and National Development, Lee Yi Shyan, at the Quality and
      246 words

  • ECONOMY WATCH
    • 796 11  -  5.7% jump in May comes as quake-hit production facilities come on stream By in ANTHONY ROWLEY in Tokyo JAPAN’S industrial output rose by a larger-than-ex-pected 5.7 per cent in May compared with April, registering its highest monthly gain since
      REUTERS FILE PHOTO  -  796 words
    • 370 11 Exports exceed imports by A$16.8b last year Bloomberg [SYDNEY] Australia recorded its biggest trade surplus last year, driven by higher prices for iron ore and increased shipments to China, the Canberra-based Department of Foreign Affairs and Trade said. Exports exceeded imports by A$16.8
      Bloomberg  -  370 words
    • 409 11 Bloomberg [OTTAWA] The cost of funerals, smartphones and retail club memberships will be reflected in Canada’s main inflation index for the first time as Statistics Canada adjusts the measure to reflect changing consumer habits. The country’s statistics agency will include the tweaks to the
      Bloomberg  -  409 words
    • 288 11 Reuters [SEOUL] South Korea said it would require banks to raise risk weightings in their capital ratios for heavy borrowers as part of measures announced yesterday to prevent heavy household debts from causing a fresh financial crisis. Other measures announced jointly by
      Reuters  -  288 words
  • Page 11 Advertisements
    • 2189 11 c-J 1 NOTICES BUY IT• SELL IT- FIND IT NOTICE OF ANNUAL GENERAL MEETING >i SINGXPRESS LAND LTD. [Formerly known as SINGXPRESS LTD.] (Company Registration No.: *****3164K) S I N (Incorporated in the Republic of Singapore) XPRESS NOTICE IS HEREBY GIVEN that the Annual General Meeting of SingXpress Land Ltd.
      2,189 words

  • INDONESIA
    • 741 12 Listing also rekindles debate on the governance of premium-listed firms Reuters [LONDON] Shares in Bumi plc, the mining venture founded by Nat Rothschild, listed under their new name on Tuesday, giving Indonesia’s Bakrie family a foothold in London and rekindling debate on the
      Reuters  -  741 words
  • Page 12 Advertisements
    • 3761 12 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg SINGAPORE AIRLINES LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****0078R NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Thirty-Ninth Annual General Meeting of Singapore Airlines Limited (“the Company”) will be held at the Marina Mandarin Ballroom, Level
      3,761 words

  • GREATER CHINA/INDIA
    • 657 13 Subbarao’s 3-year term ends in Sept and it is not likely to be extended Reuters [NEW DELHI] With Reserve Bank of India governor Duvvuri Subbarao’s three-year term due to end in September, speculation is heating up over who will replace him if, as
      Reuters  -  657 words
    • 331 13 Reuters [NEW DELHI] India’s cornered Prime Minister Manmohan Singh yesterday brushed aside widespread criticism that he was a “lame duck” leader presiding over a government mired in graft and policy paralysis, but offered little in the way of policy steps that he would take up.
      Reuters  -  331 words
    • 441 13 It remains a problem over next decade: PBOC adviser Bloomberg [BEIJING] China’s inflation, already at an almost three-year high, is “most likely chronic” and will remain a problem over the next decade, Li Daokui, an academic adviser to the People’s Bank of China said. The central
      Bloomberg  -  441 words
    • 267 13 Reuters [BEIJING] Chinese carmaker BYD faces a weak outlook after it reported an 84.4 per cent drop in quarterly earnings on a steep slowdown in the world’s biggest car market. The company’s second-quarter outlook remains dim as BYD’s battery, handset component and assembly businesses
      Reuters  -  267 words
  • Page 13 Advertisements
    • 16 13 Lianhe Zaobao Gaining a foothold in the region To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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    • 341 13 .~~_/&/.(!>&/[<--+<+{<*)\"!!$@- IP INTERACTIVE PTE. LTD. (IN MEMBER’S VOLUNTARY LIQUIDATION) (“THE COMPANY”) Company Registration No. *****3419Z 100 Beach Road, #25-06 Shaw Towers, Singapore *****2 NOTICE OF SPECIAL RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AN EXTRAORDINARY GENERAL MEETING OF IP INTERACTIVE PTE. LTD. (“THE COMPANY”) WAS DULY CONVENED AND HELD AT 100
      341 words
    • 380 13 IN THE MATTER OF THE COMPANIES ACT, CAP.50 AND IN THE MATTER OF TEAMCON PTE LTD UEN CO REG NO: *****1281 D MEMBERS’ VOLUNTARY WINDING UP At an Extraordinary General Meeting of Teamcon Pte Ltd convened and held at 14 Mount Elizabeth #10-04 Singapore *****2 on 23 June 2011, the
      380 words
    • 1992 13 :^ATci O NOTICES IT• SELL IT• FIND IT 1 THE HOURGLASS THE HOURGLASS LIMITED (Incorporated in the Republic of Singapore) (Co. Reg. No. *****1972D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 32nd Annual General Meeting of the Company will be held at Singapore Marriott Hotel, Legacy
      1,992 words

  • WORLD
    • 980 14 There are fears that inferno will reach thousands of drums of low-level waste AP [LOS ALAMOS, New Mexico] A wildfire near the desert birthplace of the atomic bomb advanced on the Los Alamos laboratory and thousands of outdoor drums of plutonium-con-taminated waste
      AP  -  980 words
    • 373 14 Judge made me ‘the human pinata of Wall St’: fraudster AFP [NEW YORK] Bernard Madoff, sentenced to 150 years in jail for the biggest financial scam in US history, on Tuesday said the judge in his case had made him a “human pinata” and passed
      AFP  -  373 words
    • 244 14 Reuters [MOSCOW] Russia cut electricity supplies to Belarus yesterday over US$43 million in unpaid debts, upping pressure on President Alexander Lukashenko who is grappling with one of the worst economic crises of his 17-year rule. Russia’s troubled western neighbour, struggling with a balance
      Reuters  -  244 words
    • 595 15 The settlement will form part of the Q2 loss of US$8.6-9.1b incurred by the bank Bloomberg [NEW YORK] Bank of America Corp, the biggest US bank, agreed to pay US$8.5 billion to resolve claims over soured mortgages after bondholders including BlackRock Inc demanded
      Bloomberg  -  595 words
    • 422 15 Bloomberg [BANGKOK] Thai Prime Minister Abhisit Vejjajiva said his ruling Democrat party, trailing in polls, is “gathering momentum” ahead of a July 3 election. “I am optimistic,” he said in an interview at a campaign stop in Samut Sakhon province outside of
      Bloomberg  -  422 words
    • 534 15 AFP [MONTREAL] A shortage of mining specialists in Canada is hobbling the industry at a time when emerging giants India and China are pushing demand for ores and precious metals to record highs, experts say. “You can’t find good geologists,” Rene Marion, chief
      AFP  -  534 words
    • 404 15 Reuters [MILAN] Shares of Italian luxury shoemaker Salvatore Ferragamo rose in their first day of trading yesterday, defying expectations for a muted debut. The Florence-based maker of shoes worn by Hollywood stars, such as Audrey Hepburn and Marilyn Monroe, trimmed debut gains to be up
      Reuters; AP  -  404 words
    • 395 16 But he still won approval for another two-year stint as head of Nissan AP [YOKOHAMA, Japan] Nissan chief executive Carlos Ghosn fielded some tough questions from shareholders about his 982 million yen (S$15.03 million) paycheck yesterday, but won approval with no problems for
      AP  -  395 words
    • 826 16 2 Brazilians and their govt fend off Casino competition Bloomberg [RIO DE JANEIRO] An alliance between two Brazilian billionaires and their nation’s government may help Carrefour SA fend off competition from Casino Guichard-Perrachon SA in the world’s second-biggest emerging market. Andre Esteves, the 42-year-old
      Bloomberg; BLOOMBERG  -  826 words
    • 755 16 AFP [WASHINGTON] The White House and top lawmakers have finally reached a deal to allow long-stalled trade pacts with South Korea, Colombia and Panama to move ahead in Congress, officials said on Tuesday. The deal will allow a Senate panel to start work this week
      AFP  -  755 words
    • 566 16 AFP [SYDNEY] Australia’s mining industry the main driver of its booming economy is 83 per cent for-eign-owned and huge profits go overseas, according to a study released yesterday by the Greens party. The report, produced by a private consultant commissioned by the Greens, said
      AFP  -  566 words
    • 838 17  -  Appointing Lagarde as IMF chief at this time could prove to be either a masterstroke or a big blunder COMMENTARY MALMINDERJIT SINGH Correspondent CHRISTINE Lagarde’s appointment as the new managing director of the International Monetary Fund (IMF) comes as little surprise even though she
      838 words
    • 321 17 AP [BRUSSELS] Deutsche Boerse and NYSE Euronext yesterday requested the European Union’s approval of their merger, kicking off what is expected to be a lengthy probe of the potential threats to competition from the combination of the two stock exchanges. Deutsche Boerse
      AP  -  321 words
    • Article, Illustration
      65 17 [SINGAPORE] People appear dwarfed by the structure of “Supertrees” seen against the skyline near Marina Bay Sands. These “Supertrees” are vertical gardens, embedded with environmentally sustainable functions and range from 25-50 metres in height, and focus on a display of tropical flowering climbers, ferns and epiphytes. They are
      AP  -  65 words
    • 322 17 LATEST US DATA Bloomberg [WASHINGTON] More Americans than forecast signed contracts last month to buy previously owned homes, signalling the residential property market may be rebounding from a slump earlier in the year. The index of pending home resales increased 8.2 per cent
      Bloomberg  -  322 words
    • 225 17 Reuters [HONG KONG] Asians are becoming increasingly averse to borrowing and now prefer local banks since the global financial crisis battered confidence in international lenders, a study showed yesterday. About 70 per cent of Asians now believe that “borrowing is always risky”, a 27
      Reuters  -  225 words
    • 533 17 The trading group lost at least tens of millions on the deal Bloomberg [NEW YORK] Morgan Stanley, the firm targeting a 2 per cent market-share gain in fixed-income trading this year, was burned by a wager on US inflation expectations in the second
      Bloomberg  -  533 words
  • Page 14 Advertisements
    • 2230 14 (Company Registration No.: *****3164K) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING All capitalised terms in this Notice of Extraordinary General Meeting and defined in the circular dated 30 June 2011 (the "Circular") shall, unless otherwise defined herein, bear the respective meanings ascribed thereto in the Circular.
      2,230 words

  • Page 15 Advertisements
    • 1453 15 KSH HOLDINGS LIMITED (Incorporated in the Republic of Singapore on 9 March 2006) (Company Registration Number: *****3337G) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 5th Annual General Meeting of KSH HOLDINGS LIMITED will be held at Furama City Centre Singapore, Ballroom 2, Level 5, 60 Eu
      1,453 words

  • Page 16 Advertisements
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  • Page 17 Advertisements
    • 200 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HDF FINANCE ASIA PTE. LTD. (IN MEMBERS’VOLUNTARY LIQUIDATION) Company Registration Number *****3504E NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the CompaniesAct, Cap. 50, that the final meeting of the members
      200 words
    • 52 17 Heartbeat Of The Indian Community Incisive features from India, news about the local Indian community, as well as business, education, entertainment, food and sports... with an Indian slant of course. t a a COMW.Uil'l HE INDIAN tHEH^TBEAtOT hwjusw* fcSBSK* 2^32=gl Q5SSS3 sSss-'^-'S For more details, call 9171 -4327 9693-0266 or
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  • EDITORIAL & OPINION
    • 971 18  -  Some measures aimed at reducing price volatility have done more harm than good B y JEFFREY FRANKEL The writer is professor of government at Harvard University’s John F Kennedy School of Government in Cambridge UNDER French President Nicolas Sarkozy’s leadership, the G-20 has made addressing
      REUTERS  -  971 words
    • 489 18 EDITORIAL ON Monday, Prime Minister Najib Razak said the Malaysian Cabinet had decided that the private sector should allocate at least 30 per cent of all decision-making positions to women. It has five years to do so. Mr Najib lamented the fact that only 7.6
      489 words
    • 809 18  -  THE BOTTOM LINE ANTHONY ROWLEY Tokyo Correspondent FRENCH Finance Minister Christine Lagarde has been confirmed as managing director of the International Monetary Fund (IMF), replacing Dominique Strauss-Kahn who quit last month in “unusual” circumstances. That much was expected, but what was not widely
      809 words
    • 1330 19  -  Fukushima shows the increasing importance of limiting the risk of rare catastrophic events for society’s well-being By TOMOKI FUJI I The writer is an assistant professor of economics at the Singapore Management University School of Economics. This BT-SMU series on Sustainable Business is a lead-up to
      REUTERS  -  1,330 words
    • 697 19  -  By ROB COX RICHARD BEALES INVESTORS fixated on the possibility that a Greek default would deliver a shock akin to the Lehman Brothers collapse in 2008 may want to consider another analogy. A restructuring of Greece’s obligations could more closely resemble the orderly wind-down of
      697 words
    • 567 19  -  By ROBERT J BAHASH The writer is president of McGraw-Hill Education, a global innovator in the development of teaching and learning solutions for the 21st century THE Web and mobile connectivity have been undisputable agents of change across a range of industries, bringing our
      567 words


  • AVIATION
    • 933 20 Union says in letter that crew coerced to work long hours and while ill NYT [NEW DELHI] Air India, India’s unprofitable national carrier, is using “coercion and fear” to compel pilots to fly long hours and while ill, an Indian pilots’ union claims. The
      NYT; AFP  -  933 words
    • 3215 20 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1300 KU6458 1415 SQ458 1415 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 1820 Amsterdam LO4031 0545 KL836 0020 SQ323
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    • 422 20 Airlines should refund expenses that arise: EU court Bloomberg [LUXEMBOURG] Air France SA should be liable to pay compensation to passengers booked on any flight that fails to bring them to their destination, an adviser to the European Union’s highest court said in
      Bloomberg  -  422 words
    • 362 20 AP [NEW YORK] The Federal Aviation Administration (FAA) is pursuing a penalty of more than US$1 million against Boeing Co because it says that the airplane maker did not follow its own instructions for installing oxygen systems on the B777. The instruction turned out
      AP  -  362 words
  • Page 20 Miscellaneous
    • 330 20 CRYPTIC CROSSWORD Across 1 Change into suit (6) 4 Part of Africa traversed by Doug and Alice (6) 8 Paper facing criticism —-anger inside building potentially dangerous (8) 10 Possibly a learner driver’s late autumn road hazard (6) 11 Garment not right for short piece on stage? (4) 12 One
      330 words

  • 3946 21 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 Destination
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  • Page 21 Advertisements

  • SHIPPING
    • 559 22  -  But CEO unfazed by talk of oversupply of container ships as Maersk orders more By JOYCE JOYCE HOOI THE low freight rates that the container shipping industry has been seeing of late are “unsustainable”, Eivind Kolding, Maersk Line’s CEO, told BT yesterday during his
      559 words
    • 563 22 Plan will increase capacity by 33% to eight million TEUs Bloomberg [RIO DE JANEIRO] Brazil’s government and companies will invest US$18 billion in ports by 2013 to boost cargo-handling capacity as demand surges for the country’s iron ore, agriculture and oil shipments,
      Bloomberg; REUTERS  -  563 words
    • 278 22 SGX '000 Jun 29 S$ +/-Vol CH Offshore 0.43 0.01 34 Chuan Hup Hldg 0.26 -0.01 30 Cosco Corp 1.94 0.01 5242 CWT Ltd unch unch 0 Ezra Hldgs 1.48 0.04 4145 First Ship Lea 0.35 unch 1880 Freight Links 0.07 unch 2043 Grand Banks unch unch 0
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    • 592 22 AFP [BUSAN, South Korea] South Korean researchers yesterday showcased an invention which they claim could transform the shipping industry a harbour which goes out to a ship. The Mobile Harbour, a giant barge with a shallow draught and a stabilised crane, was put through
      AFP  -  592 words
  • Page 22 Advertisements

  • SINGAPORE STOCKS
    • 8214 23 Transaction date: Jun 29 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 15 8Telecom 15.5 14.5 16 7.8 3.9 3.2 74.2 12 4.5 A-Sonic 7.5 unch 60 7.5 7.5 7 7.5
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    • 1523 24 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 3.5 4.5 19 3.9 202 142 t APStrategic 153 152 157 90.8 1.5 0.5 t Advanced System 0.5
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    • 9938 24 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.35/ APS Alpha Fund (USD)!** 1.08/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.71/ Aberdeen Asset Mgt Asia Limited American Opp 0.6359/ Asian Credit Fund
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    • 228 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A46 43 46 3.6 7.6 3.7 119.8 55 18 Genting HK US$ US37 +1.5 ***** 37.5 36 37 37.5 2436.3 21 12 Over&Gen A15
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    • 842 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 117 113.7 115 534.1 1077 832 CIMBAsean40 100US$ US1041 +6 12 1042 1037 1036 1051 41.6 350 283 DBS STI
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  • FINANCE & COMMODITIES
    • 374 25 In local curr In S$ In US$ dy yr dy yr dy yr Jun 28 Index Change Change Change Change Change Change World Index Preliminary 889.5 0.7 -0.9 0.7 -2.2 0.9 1.0 EAFE Preliminary 764.4 0.6 -4.6 0.7 -3.7 0.9 -0.5 Europe Preliminary 1133.2 0.7
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    • 79 25 CRUDE OIL PRODUCTS Jun 28 Jun 28 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 107.90 2.85 WTI (Near Mth) 92.72 1.28 Dubai (1-Mth F) 102.25 2.02 Tapis blend 111.82 3.03 Minas 108.32 3.03 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 95.39 2.22 Jet Kerosene 119.20 1.00 US$/barrel
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    • 107 25 Jun 28 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 11 1330.75 1329.75 1346.50 1328.00 Aug 11 1324.50 1322.75 1338.25 1321.75 Sep 11 1321.00 1316.75 1331.00 1315.00 Nov 11 1319.00 1315.00 1330.00 1312.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 11 55.34
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    • 83 25 Jun 29 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****A 29.09.2011 0.32 0.26 0.26 1-Year BY*****X 02.05.2012 0.41 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.60 103.68 103.68 5-Year N*****0W 1.125 01.04.2016 100.43
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    • 455 25 Jun 29 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep11 99.6150 0 7046 Dec11 99.5150 0 4243 Mar12 99.4350 0 1628 Jun12 99.3150 0 1473 EUROYEN TIBOR FUTURES Sep11 99.6675 0 1235 Dec11 99.6650 0 1392 Mar12 99.6550 99.6550 99.6550 99.6550 0 1823 Jun12 99.6450 99.6450
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    • 187 25 Jun 29 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jul 11 441.0 441.0 441.0 6 106 Aug 11 442.0 441.0 442.0 12 170 Sep 11 445.0 445.0 445.0 6 411 Oct 11 444.5 444.0 444.5 12 396 Nov
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    • 75 25 www.smx.com.sg As on 28 June 2011 PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS Gold Cash Aug-11 1503.1 1499 1500 1496.3 Silver Cash Jul-11 34.16 34.03 33.63 33.58 CURRENCY Euro-US Dollar Sep-11 1.4363 1.4206 1.4342 1.425 Aust-US Dollar Sep-11 1.042 1.0345 1.0414 1.0332 BASE METALS Copper
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    • 123 25 As at 9am Jun 29 Jun 29 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.349 1.273 Can dollar 1.285 1.236 Euro 1.81 1.741 Sterling pound 2.016 1.939 NZ dollar 1.034 0.985 US dollar 1.256 1.208 Local dollars to 100 units
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    • 29 25 Jun 29 Jun 29 Open High Sett STI Jun 3080 SIMSCI Jun 351.7 357.0 356.7 Taiwan Jun 296.8 302.7 301.3 Source: MF Global (S) Pte Ltd
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    • 2618 25 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 25.5 1 150 15 6.00 35 ASJ Hldgs W*****1 1.5 1 4 38 2.67 8 AlliedTech W*****2 1.5 1 4 29 Asia Water Tech Ltd W*****8 3 unch
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    • 177 25 Jun 29 $S Offer Bid 0vernight 0.04 0.03 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.05 US$ Offer Bid 7 days 0.25 0.15 1 month 0.28 0.18 2 months 0.32 0.22 3 months 0.36 0.26 6 months 0.46 0.36 9 months 0.70 0.50 12
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    • 462 25 Jun 29 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.036 6.840 0.735 8.235 47.528 91.181 0.858 11.395 3.212 1.292 90.969 46.008 1.307 7.224 0.879 30.593 32.617 0.662 1.058 Canada 0.965 6.602
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    • 87 25 Jun 29 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** Jun 29 6 mths 0.***** 9 mths 0.*****
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    • 156 25 Jun 29 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3069 1.3077 1.0579 1.0584 Canadian dollar 1.2616 1.2620 1.0212 1.0215 Euro 1.7787 1.7795 1.4398 1.4403 NZ dollar 1.0109 1.0121 0.8183 0.8192 Sterling pound 1.9753 1.9756
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    • 22 25 Jun 29 S$ Bid Offer 1-month 1.2354 1.2355 2-months 1.2353 1.2354 3-months 1.2352 1.2353 6-months 1.2346 1.2348 Source: OCBC
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    • 138 25 Jun 29 GOLD (US$/oz) Jun 29 Jun 28 Hong Kong 1512.00 1505.00 Jun 28 Jun 27 London 1503.36 1499.72 1504.13 1500.50 Source: Thomson Reuters CAST BAR Jun 29 (S$) Selling Buying Kilobar 64,496.39 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 144 60 5gm 410 301 10gm 733
      138 words
    • 71 25 Jun 28 Jun 28 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2489.00 2478.75 3 months 2520.00 2510.00 Copper, Grade A (US$/tonne) Cash 9060.00 8958.50 3 months 9072.00 8970.00 Lead (US$/tonne) Cash 2569.75 2555.25 3 months 2584.00 2567.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • 65 25 Jun 29 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 11 3110 3140 3140 3110 230 2473 Aug 11 3096 3118 3122 3096 1125 ***** Sep 11 3089 3109 3115 3087 9220 ***** Oct 11 3090 3102
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    • 82 25 Jun 28 COCOA (£/tonne) Close Prev High/Low Jul 11 1899 unch 1911/1885 Sep 11 1918 1912 1925/1900 Dec 11 1939 1934 1946/1925 Mar 12 1953 1947 1957/1939 COFFEE (US$/tonne) Close Pev High/Low Jul 11 2455 2341 2464/2338 Sep 11 2490 2377 2507/2372 Nov 11 2512 2395 2528/2395 Jan 12
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  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • 983 26  -  Finnish firm to bring iPhone-like experience to feature phones, reports VICTORIA HO reports VICTORIA HO FINNISH startup, Blaast, wants to be exactly that in the mobile world. It plans to shake up the concept of smartphones and rich apps, bringing the “iPhone
      983 words
    • 501 26 Integrated with new tools, it is touted to rival Facebook AFP [WASHINGTON] Google, the king of Internet search, but a bust on the social front, launched its rival to Facebook on Tuesday, a social networking service called Google+. “Online sharing is awkward. Even broken. And
      AFP  -  501 words
    • 160 26 Reuters [SAN FRANCISCO] RockMelt, a Web browser that integrates Facebook and other social media, reeled in two more Silicon Valley heavy hitters in a new US$30 million round of financing. Accel Partners and Khosla Partners joined existing investor Andreesen Horowitz in this latest round, the company
      Reuters  -  160 words
    • 352 26  -  By VICTORIA HO WITH over half a million e-service transactions made with the Ministry of Defence (Mindef) each month, one could say local soldiers are certainly plugged into technology. All their transactions go through an online portal that handles 167 different
      352 words
    • 729 26  -  By AMIT ROY CHOUDHURY IN a bid to keep cyber networks safe, Singapore has implemented the best practices in testing but inconsistency in the skill levels of the people delivering the service remains a worry, according to an industry watcher. Speaking to BizIT, Dimension Data’s
      729 words
    • 562 26 AFP [SINGAPORE] More virtual livestock looks set to be traded and petulant fowl hurled at targets as social gaming takes hold in the booming mobile-phone market, industry experts say. Social gaming, made popular by titles such as Farmville and Angry Birds, was
      AFP  -  562 words

  • PROPERTY
    • 1121 27 But Harrison Square project has been stalled by recession NYT [FORT WAYNE, Indiana] One of the quirks that endears Wrigley Field in Chicago to baseball fans is the rooftop view from houses on Waveland Avenue beyond left field. Now, developers in this city
      NYT; AFP  -  1,121 words
    • 1658 27 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED Emerald Gdn Apt 02/06/2011 999 1216 2043 1680 One Shenton Apt 06/06/2011 99
      1,658 words
    • 188 28 Bloomberg [LONDON] Brighton Pier, a landmark in the English resort that’s attracted visitors including Greta Garbo and Winston Churchill since opening in 1899, was put on the market for an undisclosed price by the leisure and amusement- arcade operator that owns it. Noble
      Bloomberg  -  188 words
    • 432 28 Tenures for foreign property buyers extended to 3 years from 6 months now Reuters [DUBAI] A decision to extend visa tenures for real estate investors will “significantly” boost investor confidence in the United Arab Emirates’ struggling property sector, the head of
      Reuters; BLOOMBERG  -  432 words
    • 255 28 Value of sales is 14% above long-term quarterly average Bloomberg [SYDNEY] Australian commercial property sales in the second quarter soared by more than four times the value of transactions in the previous three months, when natural disasters dampened activity, real estate services
      Bloomberg  -  255 words
    • 540 30 Hongqiao Tiandi will be office, restaurant precinct under its Xintiandi brand Bloomberg [SHANGHAI] Shui On Land Ltd will spend about eight billion yuan (S$1.5 billion) to develop an office and restaurant precinct under its Xintiandi brand near Shanghai’s smaller airport and high-speed rail
      Bloomberg; BLOOMBERG  -  540 words
    • 324 30 Cash from asset sales will come in handy for China projects: analyst Bloomberg June 29 (Bloomberg) [HONG KONG] Swire Pacific Ltd, a Hong Kong office and shopping mall landlord, posted its biggest gain in almost six months after saying it is in talks
      Bloomberg  -  324 words
    • 284 30 THE Urban Redevelopment Authority (URA) tender for a 45-year leasehold industrial site in Tuas View Square closed yesterday with SCB Terraform Pte Ltd placing the highest bid of $7.33 million or $174 per square foot per plot ratio (psf ppr).
      284 words
    • 201 30 THE Council for Estate Agents (CEA) issued two practice guidelines yesterday one in the form of an instruction manual that explains and guides the use of prescribed estate agency agreements for residential transactions, and the other on ethical advertising within the real estate agency industry.
      201 words
    • 194 30 BUSINESS space provider Ascendas launched yesterday its first mobile application, Spacetobe, which will allow comprehensive access to more than 90 properties across Asia from mobile devices. The Spacetobe app is compatible with devices running Android or Apple’s iOS, and is available as a
      194 words
  • Page 27 Advertisements
    • 40 27 SAVILLS INDUSTRIAL Land the best returns for your industrial properties Savills has over 200 offices and associates worldwide to meet all your real estate needs, anywhere in the world. Call 6536 5022 6415 3636 I savills.com savills AGENCY NO. L*****88B
      40 words

  • Page 28 Advertisements
    • 462 28 BUILDING WEALTH THROUGH STRUCTURED PROPERTY INVESTMENT INCOME GENERATING ASSETS Benefit from secure and regular income returns plus long-term asset appreciation London Landmark Commercial bldgs with 5.11 6% returns after cost. Hotel Investment 50-1 OOrms hotels in Central London Singapore Commercial Buildings in Shenton Way, Orchard Rd, River Valley vicinity Bloc
      462 words
    • 178 28 PRIME ORCHARD AREA COMMERCIAL SPACE nomu Handy Road avant-garde double-storey commercial space contemporary architecture by multi-award winning WOHA wide street frontage, opposite Dhoby Ghaut MRT sale/lease freehold 582 sm (6,265 sf) exclusive, private lift lobby, parking, alfresco terraces ideal for all commercial uses retail/showroom/exquisite offices Kevin Lai +65 9060-2228 kevin_lai@dtzresale.sg
      178 words
    • 239 28 ALEXANDRA TERRACE OFF PASIR PAN JANG ROAD 6-Storey Building Land: 13,601 sq ft (approx.) GFA: 30,475 sq ft (approx.) Tenure: Freehold Close to Mapletree Business City and future Labrador Park MRT TENDER CLOSING: 28 July 2011 (Thu), 3pm Dominic Peters 9825 2101 CEA License No. R*****1G www.savills.com.sg savills BRAND NEW
      239 words

  • Page 29 Advertisements
    • 399 29 N-' IS ftsiI 9 i rHSSPsI 6 5' 3 p*® Iff 'TBS. S&if H s» ;sr> m •i-i w a 1 HT v iiSl i t- hi ii nSmf l|jmiiMiii"»i I non H; bpp i 'Don *"Vi*W.V «-w- .r .w.'-i'*." x i<n fc* *s «K BS Exclusive luxury living at
      399 words

  • Page 30 Advertisements
    • 305 30 The mm:, mm Discover Battersea... and awaken your senses in London's most vibrant postcode Prices from £511 sqft* Exhibition Weekend 2nd 3rd July 2011, 11 am 6pm, Hilton Hotel Singapore 581 Orchard Road, Level 5, Singapore Room For enquiries and to RSVP, please contact: Ms Annie Heong CEA No. R*****3Z
      305 words
    • 95 30 8.56 ACRES RESIDENTIAL DEVELOPMENT SITE IN DISTRICT 21 m SB Contact: CB Richard Ellis (Pte) Ltd Investment Properties Charles Hoon CEA Reg. No.: R*****7D Emile Reis CEA Reg. No.: R*****0H Tel: 6224 8181 BEST of District 21 Raw gem nestled in the serenity of the Sunset Way bungalow estate. Largest
      95 words