The Business Times, 29 September 2011

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Total Pages: 33
1 34 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Thursday, September 29,
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  • 818 1  -  But they are rising elsewhere, index shows; small home prices also climbing By KALPANA RASHIWALA [SINGAPORE] Prices of completed private apartments and condos (excluding small units) in the Central Region may well have peaked in May this year. The latest numbers from NUS’
    Source: Institute of Real Estate Studies, NUS  -  818 words
  • 840 1  -  It gives up venture capitalist approach, overhauls funding schemes for industry By JOYCE HOOI [SINGAPORE] The Media Development Authority (MDA) is getting out of the venture capital business. In a bid to yank up the productivity of the media industry, it
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  • 143 1 HST INDEX 2,701.17 (-24.74) HST INDEX FUTURES 2,701.00 (-25.00) HSIMSCI 310.96 (-3.66) HSIMSCI FUTURES 310.80 (-4.60) FOREX US$ S$ US$ (S$ per US$) 1.283 (US$/S$ per 1.565 2.008 EURO (US$/S$/E) 1.364 1.750 Foreign currency per US$ S$ YEN 76.40 59.50 RM 3.157 2.460 HK$ 7.795 6.074 BAHT 30.01
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  • TOP STORIES
    • 512 2  -  Group to occupy over 600,000 sq ft or 18 floors at MBFC Tower 3 By UMA SHANKARI [SINGAPORE] DBS Group Holdings will continue to hire across Asia as it remains bullish about the region’s ability to weather the current economic storm, chief
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    • 553 2  -  lt is Petronas’ first foray into power assets overseas By RONNIE LIM [SINGAPORE] In its first foray into power assets overseas, Malaysia’s national oil and gas producer Petronas is buying into GMR Energy, which is building Singapore’s newest power station. Petronas International Corporation, a
      553 words
    • 440 2 Who wants to be a VC? Not MDA, anymore THE Media Development Authority is getting out of the venture capital business. In a bid to yank up the productivity of the media industry, it is scrapping its co-funding investment schemes for media projects and offering grants instead. FRONT
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    • 490 2  -  The builder’s board plans to seek other competing offers By in PAULINE NG in Kuala Lumpur MALAYSIA’s state-owned fund manager Permodalan Nasional Bhd (PNB) has made a conditional takeover offer for SP Setia, one of the country’s biggest builders, offering RM3.90 cash
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    • 387 4  -  Some facilities shut down, blaze contained around midnight By WINSTON CHAI [SINGAPORE] A blaze at Royal Dutch Shell’s Singapore refinery, its largest in the world, has prompted the firm to clear out employees and partially shut down facilities at its offshore complex. “All
      REUTERS  -  387 words
    • 305 4 The upgraded phone will include a better camera and faster processor [SAN FRANCISCO] Apple Inc will introduce a new version of the iPhone at an Oct 4 event, the first upgrade of its best-selling product since Steve Jobs resigned as chief executive
      305 words
    • 412 4  -  MD rebuts view that US, EU curbs will push trades to Asia By CONRAD TAN [SINGAPORE] Singapore is working to encourage the standardisation of derivative contracts and to move more derivatives trading onto exchanges, in keeping with international reforms, Monetary Authority of Singapore
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  • Page 2 Advertisements
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  • Page 3 Advertisements
    • 131 3 Europe s best airline. 18.8 million voted. One was named. Every year, Skytrax, the world's civil aviation audit and service benchmarking programme, announces the best in the airline business. They do this by simply asking frequent flyers. In 2010,18.8 million passengers were asked to choose their favorite airline in Europe.
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  • Page 4 Advertisements
    • 289 4 SAFFRON SQUARE LONDON ui, i t ,"TB/ TA L/L& 3 UHls f 4 J N 1 r ji >> 00: P. M a w Mm 12 r r w C V Computer generated image of Saffron Square is indicative only. PROPERTY RESEARCH SEMINAR 1 st 2 nd OCTOBER 2011, 3PM
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  • COMPANY NEWS
    • 521 5  -  Shares of firms that make acquisitions outdo benchmark index: study By JAMIE LEE SHAREHOLDERS of companies that make acquisitions are generally rewarded with better share price performance against the benchmark index, figures from Towers Watson showed. But the data reveals an interesting caveat: acquirers
      521 words
    • 794 5  -  But some brokers are cautious on stock amid volatility STOCK FOCUS By FELDA CHAY GOLD miner LionGold Corp, which until recently was known as The Think Environmental Co Ltd, has produced its first bar of gold, which it describes as “an important milestone”. But
      794 words
    • 172 5 Bloomberg PARKSON Retail Asia Pte, a unit of Malaysia’s Parkson Holdings Bhd, plans to sell shares in an initial public offering in Singapore next month, said two people with knowledge of the matter. The company plans to start gauging demand among potential early investors next
      Bloomberg  -  172 words
    • 839 9 They are among the bourse’s biggest shareholders Bloomberg [LONDON] The potential sale of the London Metal Exchange, home to the city’s last open-outcry trading, means Metdist Ltd, Goldman Sachs Group Inc, MF Global (UK) Ltd, UBS AG and Sucden Financial Ltd have the most
      Bloomberg; BLOOMBERG  -  839 words
    • 264 9  -  It signs MOUs with Liaoning province to collaborate on utilities projects By RONNIE LIM SEMBCORP is looking to bring to China’s Liaoning province including Dalian Chang Xing Island, which is earmarked for development as a world-class petrochemical hub its Jurong Island expertise
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    • 423 10  -  DBS Research expects S’pore to see 13.5-14m visitor arrivals in 2012 By NISHA RAMCHANDANI WHILE tourism has been robust for Singapore in 2011 so far, the industry could see a moderation next year if the weak global economic environment continues, a DBS Group Research
      ALPHONSUS CHERN/THE STRAITS TIMES  -  423 words
    • COMPANY BRIEFS
      • 73 10 XPRESS Holdings’ net profit plunged 77.6 per cent to $1.16 million for the fourth quarter ended July 31, 2011, from $5.18 million a year earlier. This was due to a steep decline in its time-sensitive printing business. Earnings per share for the three months
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      • 44 10 EUCON Holding warned that it expects to report a loss for the third quarter ending Sept 30. The expected loss is attributed to a decline in sales volume due to a slowdown in market demand, the company said.
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      • 53 10 800 Super Holdings’ wholly owned subsidiary 800 Super Waste Management has signed a memorandum of understanding with two companies to develop an integrated waste to energy project in Singapore. 800 Super, FutureNRG Asia Limited and Solutions Using Renewable Energy Pte Ltd signed the MOU
        53 words
      • 41 10 KXD Digital Entertainment Ltd announced that its interim judicial managers have been appointed. Seshadri Rajagopalan and Angela Ee Meng Yen are jointly and severally appointed the interim judicial managers for a four-week period ending Oct 25.
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    • 347 10  -  By YEO AIQI GLOBAL Logistic Properties (GLP) has completed the refinancing of a 47 billion yen (S$790 million) debt one year ahead of maturity and at a lower interest cost. In an announcement yesterday, GLP said that the new interest cost is 1.42 per cent
      347 words
    • 328 10  -  By CARINE CARINE LEE TTJ Holdings’ net profit more than doubled to $14.42 million for the year ended July 31, 2011, thanks to robust growth in structural steel and dormitory businesses. The FY2011 earnings, up from FY2010’s $6.8 million, came on the back
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  • Page 5 Advertisements
    • 170 5 www.vw.com.sg -5:tmm V V T *w fm mm £S SS2 9KT I L. hs X m m*iSar££&i ij Not that you would, but you could. r5^=55^^*eslet,' New Tiguan. Of course you wouldn't do this for real. But isn't it nice to know that if you really, really, really wanted to,
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  • SINGAPORE MARKETS
    • 593 6  -  S’pore followed suit as Hong Kong market eased and European bourses opened slightly in the red STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index yesterday sank 24.74 points or just under one per cent to 2,701.17 as Tuesday’s short-cover-ing bounce fizzled out amid renewed fears
      Source: Bloomberg  -  593 words
    • 4 6 DAILY
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    • 64 6 Sep 28 VALUE CLOSE BT OB/OS -644.00-155.00 BT CADI -*****.00-136.00 BT 10-day MA -*****.00 -65.00 FTSE ST Mid Cap 602.62 -5.25 FTSE ST Small Cap 417.59 -4.15 FTSE ST All Share 650.01 -5.94 FTSE ST China Top 186.27 -0.74 FTSE ST China 222.67 -0.24 FTSE ST Catalist
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    • 186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 1 11 2 0 0 0 1 11 2 Manufacturing 35 66 33 2 4 6 37 70 39 Commerce 15 24 15 2 2 6 17 26 21 Tpt/Stor/Comms 9 25 6
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    • BROKERS’ TAKE
      • 297 6 Sept 28 close: $11.37 KIM ENG RESEARCH, Sept 28 SINGAPORE Airlines’ (SIA) share price has been surprisingly resilient, trading in an upward pattern since its recent low. The stock has gained 8.5 per cent since last Thursday, while the STI has slumped by 4.0 per cent. Reiterate “buy”.
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      • 222 6 Sept 28 close: $1.53 CIMB RESEARCH, Sept 28 GOODPACK’S trading history shows that weak sentiment could send valuations down to a trough of 5.0x P/E, as in 2008, despite intact fundamentals. It is now trading at 12.6x CY2012 fully-diluted EPS. In view of overall market weakness, we have
        Source: Bloomberg  -  222 words
      • 267 6  -  Compiled by JOYCE HOOI Sept 28 close: $1.33 DMG RESEARCH, Sept 28 THOUGH we are positive on CD’s award of the Downtown Line (DTL) in the long run, we believe it will incur initial start up losses. We expect DTL to be loss making up to 2019, before turning
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      • 118 6 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first, second, or third quarter
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    • 119 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 24,170 24,170 99,962 99,962 Manufacturing 144,538 35,639 180,177 143,004 158 143,162 Commerce 92,599 2,622 95,221 117,150 247 117,398 Tpt/Stor/Comms 170,041 806 170,847 240,012 92 240,104 Finance 21,187 21,187 206,216 206,216 Construction 21,535 58,021 79,556 5,678
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    • 114 6 Stock name Close Change CapMallsAsia 1.205 -0.025 CapitaLand 2.500 -0.050 CapitaMall 1.855 -0.035 CityDev 9.790 -0.210 ComfortDelGro 1.330 -0.005 DBS Grp 12.030 -0.170 F&N 5.740 -0.030 GLP 1.640 -0.020 Genting SP 1.605 -0.025 Golden Agri 0.630 -0.020 HK Land 4.540 +0.050 JMH 47.280 +0.300 JSH 26.250
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    • 531 6 CURRENCIES Reuters [LONDON] The euro hit a one-week high against the dollar yesterday on cautious optimism that Greece will get the bailout funds it needs to stave off default for the time being, though market players said the single currency looked vulnerable to profit-taking.
      Reuters; REUTERS  -  531 words
    • 63 6 VOLUME Golden Agri 99,850,000 HPH Trust US$ 74,793,000 Genting SP 64,181,000 TopGlobal 55,888,000 Noble Grp 35,100,000 SingTel 33,816,000 MDR W*****5 27,625,000 STI 2800MBeCW*****0 24,478,000 TopGlobal W*****9 22,330,000 SwingMedia 21,777,000 VALUE($) SingTel 105,955,452 Genting SP 103,324,485 DBS Grp 87,893,152 Golden Agri 63,079,430 Keppel Corp 60,270,462 HPH Trust US$
      63 words
    • 112 6 BY CENTS CLOSE UP IS S&P500 ***** 451.7 3.1 DBXT S&P500 10US$ 1868 77.0 3.3 Jardine C&C 4017 75.0 1.9 JSH 2625 68.0 2.1 DBXT E50 10US$ 3311 65.5 1.6 DBXT MSJAP 10US$ 3638 43.6 0.9 DBXT MSINDO 10us$ 1345 42.4 2.5 DBXT Nifty 10US$ ***** 42.4 0.3 Lyxor
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    • 124 6 BY CENTS CLOSE DOWN DBXT DBCBLEB 10US$ 2049-222.0 -7.8 GLD 10US$ *****-123.2 -0.6 Lyxor MS India 10US$ 1315 -57.8 -3.3 DBXT FTVietnam 10US$ 2547 -42.4 -1.3 DBXT MSKorea 10US$ 4738 -38.5 -0.6 IS Asia BND 100US 959 -35.9 -2.8 Petra 140 -35.0 -20.0 DBXT MSAsExJp 10US$ 2654 -33.4 -1.0
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    • 5 6 DAILY
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  • Page 7 Advertisements
    • 395 7 Bringing smarter computing to big data To build a smarter planet, we need smarter computing computing that is tuned to the task, managed in the cloud and, importantly, designed for big data. How big? We're now creating 2.5 quintillion bytes daily so much that 90% of the data in the
      395 words

  • Page 8 Advertisements
    • 223 8 THE STRAITS TIMES. Get the All-in-One news experience for just $2 more! 4 THE* ST R A Z *r WA •A y With a newspaper subscription at $24.65* A per month, add $2 to enjoy our Online, iPad and iPhone editions. For a limited period only. 4 STEPS TO QUICK
      223 words

  • Page 9 Advertisements
    • 130 9 Investment j[ Trends MARKETS We recognise differences, So do our dealing apps. Trade on the move with Singapore's No.1 for CFD Customer Satisfaction. Our free FX/CFD trading apps are tailored for iPhone, BlackBerry and Android. Take a position at guaranteed market prices, wherever you are. To get the app now
      130 words

  • Page 10 Advertisements
    • 196 10 Global insights Your invitation to a unique series of seminars RHT Law and Taylor Wessing invite you to update your professional knowledge through a series of incisive legal and business seminars in the following areas: 20 October Branding and New Media 21 October Corporate Governance (in partnership with the Singapore
      196 words
    • 357 10 ylSTDSTADA ASIA PACIFIC CONFERENCE REAL WORLD HUMAN CAPITAL DEVELOPMENT SOLUTIONS FOR THE NEW ASIA PACIFIC ECONOMY 16-18 NOV 2 0 11 Marina Bay Sands Sands Expo Convention Center Singapore www.asapconference.com THE FIRST HCD CONFERENCE FOR PROFESSIONALS AND PRACTITIONERS IN ASIA PACIFIC KEYNOTE SPEAKERS A FonsTrompenaars Tony Bingham Liz Wiseman Cross
      357 words

  • Page 11 Advertisements
    • 174 11 Triplex homes on Nassim Hill —a joy on every level. rLi 7* J Vt t: J y k- •iM* bus ESS 4 -Vi v ,v *T tmiiI -M- to: 'il jjj IS ■I £8 £g A > j'" .-k". mm £***** *r Live in one of 16 freehold three-storey homes
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  • SINGAPORE NEWS
    • HUMAN CAPITAL SUMMIT
      • 371 12  -  By TEH SHI NING COMPANIES need to match the right people to the right jobs not just for today but for two years down the road too. Such dynamism is key to developing leaders and talent to keep pace with Asia’s
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      • 470 12  -  Goh Chok Tong assures govt help as he kicks off human summit conference Reports by CHUANG PECK MING SINGAPORE is fast on its way to becoming an Asian hub for human capital development and the government will help ensure it gets there.
        470 words
      • 272 12 KEPPEL Corporation’s core values provide the glue that keeps its diverse and multinational staff together, its chief executive Choo Chiau Beng said yesterday. That’s no mean feat. The conglomerate has 37,000 staff of 40 nationalities who are deployed in 30 countries, in businesses that
        272 words
    • 364 12  -  Japan tops list in Asia; the Swiss are the world’s richest By SIOW LI SEN said yesterday. In its calculations, Allianz said, gross financial assets include the investible financial assets of private households such as deposits and shares, and the total member’s balance given
      Source: National central banks and financial supervisory authorities, SSE, IRDA, BIS, Datastream  -  364 words
    • 362 12  -  By JOYCE HOOI SINGAPORE has fallen in rating in the latest report on regulators by the Cable and Satellite Broadcasting Association of Asia (Casbaa), dragged down by its cross-carriage laws. Casbaa, which has maintained a highly critical view of Singapore’s cross-car-riage laws since they were announced
      362 words
    • 344 12  -  By DOLLY CHIA WORKERS in the precision engineering industry should be able to triple their productivity within nine years, according to the industry roadmap revealed by the Ministry of Trade and Industry. This translates into the value-add per worker in the industry going
      344 words
    • 315 12  -  By LYNETTE KHOO A SIGNING ceremony after the 6th Singapore-Liaoning Economic and Trade Council meeting yesterday saw seven new project agreements signed. The council meeting also closed with a commitment to strengthen bilateral collaboration in key sectors, including environmental services
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    • 422 12  -  By MALMINDERJIT SINGH IN just two years after establishing his video-editing business, David Anil Sharma has moved from postproduction services to producing his own shows, and producing and directing his first short film. Tonight, the director of production-based solutions company Video Houze reaches another
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    • 217 12  -  By KELLY TAY WHILE Singapore’s total population has grown by 107,000 or 2.1 per cent, the number of permanent residents (PRs) here has declined by 9,000 or 1.7 per cent to 532,000 as at end-June 2011. This is after PR numbers rose 1.5
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  • ECONOMY WATCH
    • 700 13 Bloomberg [NEW YORK] President Barack Obama’s US$447 billion jobs plan would help avoid a return to recession by maintaining growth and pushing down the unemployment rate next year, according to economists surveyed by Bloomberg News. The legislation, submitted to Congress this month, would
      Bloomberg; REUTERS  -  700 words
    • 571 13 It is likely to focus more on growth than inflation Bloomberg [LONDON] The increasing cost of insuring against deflation in Europe suggests the European Central Bank will need to cut interest rates to prevent an economic slump from exacerbating the region’s
      Bloomberg  -  571 words
    • 515 13 Fed under fire from critics for exposure to foreign banks it knows little about Bloomberg [NEW YORK] The Federal Reserve, chastised by Congress for lending money to foreign institutions such as the Central Bank of Libya, is once again the lender
      Bloomberg  -  515 words
  • Page 13 Advertisements
    • 374 13 Angel or Highbury Islington 5 minutes walk King's Cross 5 minutes Oxford Street 8 minutes Covent Garden 10 minutes Bank 10 minutes Leicester Square 12 minutes Canary Wharf 15 minutes Bond Street 15 minutes A rare landmark development in the heart of Upper Street, Islington "Islington is the best performing
      374 words

  • MALAYSIA/INDONESIA
    • 524 14 Govt aware of need to focus serious efforts on tackling corruption, he says Reuters [NEW YORK] Amid global economic turmoil, Indonesia is on track for 6.5 per cent growth in 2011, Foreign Minister Marty Natalegawa said on Tuesday, but tackling the country’s corruption
      Reuters; AFP  -  524 words
    • 532 14 Reuters [KUALA LUMPUR] Malaysian Prime Minister Najib Razak will likely press ahead with snap polls by early 2012, banking on government handouts and moderating inflation to soothe worries about the economy, but a possible global recession could jeopardise his chances. Europe’s debt
      Reuters  -  532 words
    • 485 14 Reuters [JAKARTA] Indonesia’s government made a rare plea yesterday to state-owned insurance firms and banks not to sell government bonds as authorities try to stabilise volatile markets in the face of foreign selling over worries about the eurozone. The authorities
      Reuters  -  485 words
  • Page 14 Advertisements
    • 379 14 dV/f A DT Investment lxLtAtIXVX International Property Expo LOCAL OVERSEAS PROPERTY STOCKS FUNDS ALTERNATIVE INVESTMENT 1 (Sat) 2 (Sun) October 2011 11am 7pm Hall 401, SUNTEC Singapore International Convention Exhibition Centre FREE ENTRY REGISTER NOW www.smartexpos.com SHOW Highlights LIVE PRESENTATIONS FROM REAL ESTATE FINANCE GURUS As Singapore property prices reach
      379 words
    • 50 14 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY LIGHTS ON Little India is glittering as the Festival of Lights approaches... and tabla! has tips on where to shop llT a r rfSrfe < "14 7I :'ll Ji W; f'|t *3' HEF GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS
      50 words
    • 10 14 Greater emphasis onhuman resources seesSMEs jumpingon thetraining bandwagon too Tosubscribe,call6388-3838orgotosphsubscription.com.sg
      10 words

  • GREATER CHINA
    • 701 15 Move comes as he considers running for the city’s top government job Bloomberg [HONG KONG] Chief Secretary Henry Tang has resigned to consider running for the city’s top government job in a long-awaited succession plan that may be muddied by public anger at a
      Bloomberg  -  701 words
    • 420 15 Listing hopefuls take US$4.5b of deals off table in just one week Reuters [SHANGHAI] Weak pricing for Citic Securities’ Hong Kong share sale and a soft Shanghai debut for Great Wall Motor showed Greater China’s IPO markets, while still open, are buckling
      Reuters  -  420 words
    • 544 15 City also slows train speeds following Tuesday’s collision Bloomberg [SHANGHAI] Shanghai, China’s financial capital, shuttered a subway line for 13 stations and slowed metro trains after two locomotives collided on Tuesday, injuring 271 people. Line 10 was closed from Hailun Road
      Bloomberg; AP  -  544 words
    • 241 15 Reuters [BEIJING] China should not relax policy in the near term as inflation is elevated and the economy is on solid footing, Lu Zhongyuan, vice-head of Cabinet think-tank the Development Research Centre, said yesterday. “In the short term, we should keep our macro controls
      Reuters  -  241 words
  • Page 15 Advertisements
    • 454 15 THE MONETARY AUTHORITY OF SINGAPORE Results of auction of taxable book-entry Singapore Government Bonds to be issued on 03 October 2011 Tenor Approximately 2 years (non-benchmark) Total Amount Allotted SGD 1,800,000,000 Amount Allotted to Non-Competitive Applications SGD 167,374,000 Amount Allotted to MAS Nil Total Amount Applied SGD 3,488,372,000 Coupon Rate
      454 words

  • WORLD
    • 820 16 A growing number of companies are seeing business opportunities in mobile security NYT [SAN FRANCISCO] Hackers have broken into the cellphones of celebrities like Scarlett Johansson and Prince William. But what about the rest of us, who might not have particularly salacious photos or voice messages
      NYT; AP  -  820 words
    • 441 16 Review to look into pressing challenges for next five years AFP [SYDNEY] Australian Prime Minister Julia Gillard announced a sweeping inquiry into the implications of Asia’s growing clout yesterday, warning that it was an issue with significant rewards and risks. Mining-powered Australia is enjoying
      AFP; BLOOMBERG  -  441 words
    • 606 17  -  Such a tax will raise 54b euros which can boost EU budget, says EC president By NEIL BEHRMANN in London GERMANY, UK, the Netherlands and other financially strong European countries should stimulate their economies to boost growth and bolster other
      606 words
    • 54 17 [LONDON] A jacket called “The Face” which belonged to actress Elizabeth Taylor goes on show at Christie’s in London. The jacket is part of an exhibition entitled “The Collection of Elizabeth Taylor” which will be auctioned in New York and London this December and in
      AFP  -  54 words
    • 421 17 LATEST US DATA Reuters [WASHINGTON] New orders for long-lasting US manufactured goods slipped last month on weak demand for motor vehicles, but a rebound in a gauge of business spending supported views the economy would likely avoid another recession. The Commerce Department said
      Reuters  -  421 words
    • 635 17 It faces lawsuit for US$50b from Merrill Lynch acquisition NYT [NEW YORK] Bank of America’s (BOA) potential liability for bad mortgages in the tens of billions of dollars is well known. But BOA is haunted by other demons from the financial
      NYT  -  635 words
    • 528 17 Bloomberg [ATHENS] German Chancellor Angela Merkel signalled policy makers may review Greece’s second bailout after international debt inspectors rule on whether the country is meeting the terms of its current aid package. Greece’s “numbers in September, as it now seems, were again
      Bloomberg  -  528 words
    • 372 17 Reuters [CHICAGO] A listeria outbreak linked to cantaloupes from Colorado has infected 72 people in the US and killed 13 people, US health officials said on Tuesday. The food borne outbreak is the deadliest in the US in more than a decade, exceeding
      Reuters  -  372 words
  • Page 16 Advertisements
    • 1870 16 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg MAVERIC LTD. (Company Registration Number: *****1583G) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Mandarin Orchard Singapore, Grange Ballroom, Level 5 Main Tower, 333
      1,870 words
    • 596 16 WATfl NOTICES UNITED OVERSEAS BANK LIMITED Company Registration No. *****0026Z (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATES Notice is hereby given that the following share certificates have been reported lost, destroyed or mislaid: Certificate No. No. of Shares TanAhKal *****57-3 318 do *****98-2 63 Notice is also hereby
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  • Page 17 Advertisements
    • 68 17 LEADING,BUIMGALQW SPECIALIST Sole Agent Olive Road ll *> V_ L: ***** ***** B:68oo 8800J Asking: $16.5M up r0aljrf6iOOlOO8O] U?NoTl^*****3Gl Victoria ***** ***** Grand J *4 iutll [Ho I lan d.-*****7;50Q0lask'$33M1 &THi Fd r s k 2g! 8 Ml E Be I mo ntf 16 4"oovAOOOO?as k'$3 2 MI [S wi
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  • Page 18/19 Advertisements
    • 469 18/19 1 /r UN* m 2> m iinii i Li 5gL t I ii i ill! ttl.l ii II II I E7: 1 ii ii 1 t A r r„,; E n S fi«S! yjm^ B5&— m Xlt i < i» 4—LJ r -—-L- 1 n r t- —4=4= 4 LL
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  • AVIATION
    • 830 20 Crowd of 500 aviation fans show up as jet touches down in Tokyo Reuters [TOKYO] All Nippon Airways’ (ANA) first Boeing 787 Dreamliner touched down in Tokyo early yesterday with hundreds of aviation fans welcoming the car-bon-composite plane that its American maker is
      Reuters  -  830 words
    • 493 20 AFP [MANILA] Philippine Airlines took to the air again yesterday a day after being paralysed by a wildcat strike, but thousands of passengers remained stranded amid a skeleton flight schedule, the carrier said. Asia’s oldest airline, known as PAL, said if would
      AFP  -  493 words
    • 405 20 AFP [BRUSSELS] Airlines denounced on Tuesday an EU plan to charge them for carbon emissions, warning it would cost the industry 17.5 billion euros (S$30.66 billion) over eight years. Three major airline associations charged that the European Commission was “grossly misleading” by stating the
      AFP; BLOOMBERG FILE PHOTO  -  405 words
    • 473 20 Major carriers to file lawsuit against the tax by year-end AFP [BEIJING] China yesterday criticised European Union plans to charge airlines for carbon emissions, accusing it of “unilaterally” introducing the new tax. Airlines, which contribute 3.0 per cent of global greenhouse gas emissions, will
      AFP  -  473 words
    • 356 20 Bloomberg [COLOMBO] SriLankan Airlines Ltd narrowed loss for a second consecutive year as the South Asian carrier had a one-time gain and record tourist arrivals boosted sales. The island nation’s flag carrier reported a loss of 202.3 million rupees (S$2.3 million) in the
      Bloomberg  -  356 words
  • Page 20 Miscellaneous
    • 359 20 CRYPTIC CROSSWORD Across 1 Dim cavalier transformed into high-ranking officer (4-7) 7 Where road branches off north in Italian city by front of garage (7) 8 In the morning horse doing circuit was very hot (7) 10 Sloppy Sue, idler, having loads of free time (8) 11 Boy knocked over
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  • 3521 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
    • 429 22 Recent rally driven by firmer coal, iron exports to China Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates to ship dry commodities, turned negative on Tuesday with mounting vessel supply and freight derivatives contract selling knocking sentiment. Brokers said growing
      Reuters; BLOOMBERG FILE PHOTO  -  429 words
    • 544 22 Bloomberg [WASHINGTON] Companies that transport goods on US inland waterways would pay more than twice as much as they do now to build and repair locks and dams under a proposal by President Barack Obama. Taxes and fees paid by shippers would
      Bloomberg  -  544 words
    • 278 22 SGX '000 Sep 28 S$ +/-Vol CH Offshore 0.38 -0.01 114 Chuan Hup Hldg 0.21 unch 49 Cosco Corp 0.96 -0.03 7179 CWT Ltd 0.97 -0.03 774 Ezra Hldgs 0.88 -0.02 3148 First Ship Lea 0.29 -0.01 308 Freight Links 0.06 unch 1000 Grand Banks 0.35 unch 29
      278 words
    • 466 22 Investment firm says it could buy as many as 50 containerships in next two years Reuters [SINGAPORE] Maritime investment firm Tiger Group could “very easily” buy as many as 50 large containerships in the next two years, betting that the box ship
      Reuters  -  466 words
    • 306 22 Bloomberg [NEW YORK] Wilbur Ross, the billionaire chairman of private-equity firm WL Ross Co, said he expects transactions in shipping to accelerate after charter rates slumped because of a supply glut. The 73-year-old is part of a group of investors that
      Bloomberg  -  306 words
  • Page 22 Advertisements

  • Page 23 Advertisements
    • 77 23 Germanischer Lloyd S i-F 1 »V- ~r i- n j YOUR iOYAlr 7»20l ships 6.900 Gi. WPWr 208 STATIONS =Toomg 1TL N ■rT. -O C2 > oo <1 THANK YOU FOR ENTRUSTING YOUR SHIPS TO GL! The GL-classed fleet has exceeded the 100 million GT mark. Your loyalty has contributed
      77 words

  • EDITORIAL & OPINION
    • 476 24 EDITORIAL SINCE the US subprime crisis led to the collapse of Lehman Brothers in 2008, global markets have been largely supported by hopes of official handouts or bailouts. This is true of both the US and Europe the former has relied on the US Federal
      476 words
    • 1110 24  -  IMF sees possible significant spillover effects through the two regions’ financial and trade links ANTHONY ROWLEY Tokyo Correspondent WARNINGSaboutthe state of the global economy flashed brightly and ominously during the International Monetary Fund (IMF) and World Bank annual meetings in Washington last week.
      AP  -  1,110 words
    • 811 24  -  THE BOTTOM LINE WILLIAM PESEK JR The writer is a Bloomberg View columnist. The opinions expressed are his own CHINA and the US finally found something to agree on: Europe is doomed and might take the world’s two biggest economies down
      811 words
    • 975 25  -  Its connectivity master plan can be viewed as a key requirement for smooth transition to stronger community building By SANCHITA BASU DAS The writer is lead researcher for economic affairs at the Asean Studies Centre, Institute of Southeast Asian Studies (ISEAS) ASEAN leaders have proclaimed
      FILE PHOTO  -  975 words
    • 698 25  -  By ADEL ADEL DIMIAN Associate professor of Strategic Management (Practice) Adel Dimian is director of the new Master of Science in Innovation programme at the Singapore Management University IT is human nature to want to win. And there is nothing inherently
      698 words


  • SINGAPORE STOCKS
    • 7979 26 Transaction date: Sep 28 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 52-wks High Low 21 12 8Telecom 12.5 10.9 12.5 7.8 4.9 2.6 59.9 9.5 4.5 A-Sonic 5 5 5.4 2.6
      7,979 words
    • 1513 27 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 34 13.7 t 800 Super 15.4 +0.5 2 15.4 15.4 14 15.2 4.7 3.6 6 27.5 5.5 3.7 t AA Grp 4 2.4 3.8
      1,513 words
    • 10093 27 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.05/ APS Alpha Fund (USD)!** 0.81/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.57/ Aberdeen Asset Mgt Asia Limited American Opp 0.5785/ Asian Credit Fund
      10,093 words
    • 225 27 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A44.5cd 39 45 3.6 7.9 3.6 115.9 53 29.5 Genting HK US$ US30 -1 7451 31 29.5 29.5 30 1975.4 20.5 10 OGL Resources
      225 words
    • 856 27 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 108 ABF SG Bond ETF 118.5 117.3 120 540.9 1261 856 CIMBAsean40 100US$ US914 908 916 36.6 350 269 DBS STI ETF 100 277 -1
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  • FINANCE & COMMODITIES
    • 374 28 In local curr In S$ In US$ dy yr dy yr dy yr Sep 27 Index Change Change Change Change Change Change World Index Preliminary 797.9 2.9 -11.1 1.5 -10.6 3.4 -10.4 EAFE Preliminary 665.1 3.8 -17.0 2.8 -15.5 4.7 -15.3 Europe Preliminary 976.9 4.3
      374 words
    • 77 28 CRUDE OIL PRODUCTS Sep 27 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 106.61 2.11 WTI (Near Mth) 84.27 3.35 Dubai (1-Mth F) 102.53 2.35 Tapis blend 116.18 1.27 Minas 109.18 1.27 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 99.56 3.17 Jet Kerosene 119.60 2.95 US$/barrel Opec Oil
      77 words
    • 107 28 Sep 27 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 11 1263.00 1259.75 1278.75 1259.00 Jan 12 1275.00 1271.25 1290.00 1271.50 Mar 12 1282.50 1278.00 1296.75 1278.00 May 12 1287.75 1282.75 1302.25 1284.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Oct 11 52.57
      107 words
    • 83 28 Sep 28 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 29.12.2011 0.22 0.20 0.20 1-Year BY*****X 02.05.2012 0.22 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.72 103.80 103.73 5-Year N*****0W 1.125 01.04.2016 102.64
      83 words
    • 454 28 Sep 28 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec11 99.5000 0 3896 Mar12 99.4600 0 2725 Jun12 99.4700 0 1178 Sep12 99.4800 0 708 EUROYEN TIBOR FUTURES Dec11 99.6900 0 2382 Mar12 99.6925 0 2438 Jun12 99.6975 0 1470 Sep12 99.6950 0 411 Dec12 99.7550
      454 words
    • 104 28 As on 27 September 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS Gold DEC-11 1677.00 1634.60 1662.40 1601.3 Silver DEC-11 33.465 30.920 32.670 29.985 CURRENCY US Dollar-Jap Yen DEC-11 76.69 76.22 76.65 76.42 Euro-US Dollar DEC-11 1.3648 1.3478 1.3648 1.3437 Aust-US Dollar DEC-11 0.9886
      104 words
    • 173 28 Sep 28 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Oct 11 423.0 423.0 420.0 5 281 Nov 11 425.0 425.0 414.5 2 295 Dec 11 414.5 499 Jan 12 414.8 274 Feb 12 428.5 413.0 415.5 204
      173 words
    • 72 28 Sep 27 Sep 27 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2211.50 2170.75 3 months 2245.00 2204.00 Copper, Grade A (US$/tonne) Cash 7578.50 7250.75 3 months 7594.00 7266.00 Lead (US$/tonne) Cash 2043.00 1897.00 3 months 2025.00 1877.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • 81 28 Sep 27 COCOA (£/tonne) Close Prev High/Low Dec 11 1759 1747 1770/1734 Mar 12 1790 1778 1800/1765 May 12 1808 1795 1817/1785 Jul 12 1823 1811 1831/1802 COFFEE (US$/tonne) Close Prev High/Low Sep 11 1956 1923 Nov 11 1986 1954 2017/1971 Jan 12 2020 1988 2050/2004 Mar 12 2049
      81 words
    • 2248 28 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 0.9 -0.1 600 1 150 45 115.56 32 ASJ Hldgs W*****1 0.5 1 4 32 6.80 5 AlliedTech W*****2 1.7 1 4 26 Aztech Grp W*****3 0.6 1
      2,248 words
    • 464 28 Sep 28 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.015 6.344 0.728 7.736 48.461 88.145 0.758 11.574 3.133 1.259 86.736 43.128 1.274 7.764 0.889 30.170 30.768 0.634 0.992 Canada 0.986 6.253
      464 words
    • 82 28 Sep 28 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • 142 28 Sep 28 GOLD (US$/oz) Sep 28 Sep 27 Hong Kong 1659.00 1662.30 Sep 27 Sep 26 London 1654.49 1603.60 1655.50 1604.35 Source: Thomson Reuters Source: Reuters CAST BAR Sep 28 (S$) Selling Buying Kilobar 73,107.75 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 164 68 5gm 465 341
      142 words
    • 57 28 Sep 28 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 11 2940 2960 2969 2940 659 2980 Nov 11 2920 2927 2925 2891 2583 ***** Dec 11 2920 2910 2924 2885 ***** ***** Jan 12 2925 2912
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    • 27 28 Sep 28 Open High Sett STI Sep 2701 SIMSCI Sep 315.7 318.8 310.8 Taiwan Sep 255.4 261.8 253.3 Source: MF Global (S) Pte Ltd
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    • 154 28 Sep 28 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2732 1.2740 0.9921 0.9926 Canadian dollar 1.2548 1.2559 0.9778 0.9785 Euro 1.7497 1.7502 1.3634 1.3636 NZ dollar 1.0115 1.0123 0.7882 0.7887 Sterling pound 2.0075 2.0084 1.5643 1.5648
      154 words
    • 22 28 Sep 28 S$ Bid Offer 1-month 1.2831 1.2834 2-months 1.2829 1.2833 3-months 1.2825 1.2829 6-months 1.2801 1.2807 Source: OCBC
      22 words
    • 121 28 As at 9am Sep 28 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.3 1.239 Can dollar 1.281 1.232 Euro 1.778 1.71 Sterling pound 2.047 1.969 NZ dollar 1.039 0.99 US dollar 1.306 1.256 Local dollars to 100 units of foreign
      121 words
    • 154 28 Sep 28 $S Offer Bid 0vernight 0.01 par 1-month 1/4 1/8 2-months 1/4 1/8 3-months 5/16 3/16 Overnight mode: 0.03 US$ Offer Bid 7 days 0.35 0.20 1 month 0.45 0.25 2 months 0.50 0.30 3 months 0.55 0.35 6 months 0.70 0.50 9 months 0.90 0.70 12
      154 words

  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • 749 29  -  Digital ad spend up 86 per cent over three years until 2010, reports AMIT ROY CHOUDHURY TECH-SAVVY Singaporeans may spend a lot of time online, but the digital advertising industry here is less developed than in other techsavvy economies. According to the Media Development
      749 words
    • 451 29  -  By VICTORIA HO WITH the constant flood of smartphones and tablets into the market, Samsung is hoping to differentiate its portfolio with innovative user experience. The Korean electronics giant started a product innovation team in Singapore last week. It already has similar teams
      451 words
    • 580 30  -  Some 500 features added to platform, many geared at social sharing By VICTORIA HO MICROSOFT has released its version 7.5 Mango update for the Windows Phone. The update was first demonstrated in May, and adds some 500 additional features to the platform, according to
      580 words
    • 225 30 Bloomberg [HONG KONG] Google Inc, owner of the world’s most popular search engine, said that it will invest more than US$200 million building its first centres in Asia that house Internet data, accelerating plans to expand in the region. The US company has acquired
      Bloomberg; AP  -  225 words
    • 274 30 Bloomberg [NEW YORK] International Business Machines Corp and Intel Corp will invest US$4.4 billion over five years to create a hub for next-generation computer chip technology in New York, the state’s governor Andrew Cuomo said. IBM, the world’s
      Bloomberg  -  274 words
    • 258 30 Reuters [SEOUL] Two Linux groups said yesterday they would combine their technologies to create a new operating software platform for a range of mobile devices led by Intel and Samsung Electronics. LiMo Foundation and the Linux Foundation said the new Tizen platform is an
      Reuters  -  258 words
  • Page 29 Advertisements
    • 241 29 <5 J CLOUDSEC2011 HAVE A VISION NOT CLOUDED BY F^ Tuesday 18 October 2011 Venue Sheraton Towers Singapore Time 8:30am 5:00pm Admission is Free HAVE A VISION NOT CLOUDED BY FEAR is an ancient Cherokee proverb that is timely and apt for organizations that are concerned about cloud security today.
      241 words

  • Page 30 Advertisements
    • 51 30 We're 35! Andthetreat’sonus Tocelebrateour35thbirthdaywe’veteamedupwith exclusivepartnerstoofferyou–ourreaders–greatdining andgetawaydealsinOctober,NovemberandDecember Be prepared to wine, dine and relax with us. THEBUSINESSTIMES THEBUSINESSTIMES th th 12 Anniversary Diningdeals Anniversary Getawaydeals weeksofgreatdeals inTheBusinessTimesWeekend startingSaturday,October1,2011 TheBusinessTimes'35thanniversarypartners: BintanResortsInternational,NirwanaGardensand BintanResort Ferries Brunetti CliffordandTheLandingPointatTheFullertonBay Hotel ConradCentennialSingapore HeatultraloungeatRoyalPlaza onScotts SummerPalaceatTheRegentSingapore Hostedonthe Patio JadeandTownRestaurantatTheFullertonHotel JiaWei ChineseRestaurantandFeast@EastBuffetRestaurantatGrandMercure RoxySingapore LongBeachSeafoodRestaurant MinJiang@ One-North(No.5RochesterPark) TheCathayRestaurant Yantra th
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    • 103 30 Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of j Address Notices THE SME MAGAZINE PRESENTS STAYINGONCOURSE Making the best of uncertain market conditions Withanuncertainworldeconomyanddwindlingconsumers’confidence,businessesfacehuge challengesahead.JoinusforthissessionasMichaelMa,GroupCEOandFounderofIndoChine Groupshareshisexperienceonhowheturnedadversityintoadvantagebystartingup duringtheAsianfinancialcrisisandweatheringtheSARSslowdown. TheIndoChine Groupowns26food&beverageoutletsintheregionandaresortinPhuket. MichaelJenkins,CEOofRoffeyParkInstitute(Europe&Asia)willalsoshareon howcompaniescanimplementcreativesolutionsandoptimiseresourcesto achieveapositiveperformanceinrelationtotheroughroadahead.RoffeyPark isanestablishedUKmanagementandleadershipinstitutewidelyrecognised foritsexpertiseandexperienceinprovidinghighimpactdevelopment programmesforindividualsandorganisations. Date: Oct 13 (Thursday), 6.45pm Venue: Grand Park City Hall (Coleman
      103 words

  • PROPERTY
    • 915 31 Millionaire mansion tests market even as prices decline and buyers dwindle Bloomberg [SYDNEY] A mansion with a 4,000-bottle wine cellar in one of Sydney’s most exclusive waterfront suburbs is seeking a record A$50 million (S$63.6 million) in a test of Australia’s luxury
      Bloomberg; BLOOMBERG FILE PHOTO  -  915 words
    • 211 31 Tanglin freehold site fails to attract en bloc buyer for the second time THE proposed collective sale of Tanglin Shopping Centre has fallen through, as the sale committee managing the en bloc sale process has not been able to secure a buyer, Millennium and
      211 words
    • 1474 31 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED One Shenton Apt 05/09/2011 99 1604 3031 1889 The Sail Marina Bay Apt
      1,474 words
    • 576 32 Management changes, cost cuts will really bear fruit in 2012, says CEO Bloomberg [LONDON] Cushman Wakefield Inc, the largest closely held commercial re-al-estate broker, will report higher earnings this year as cost cuts and management changes bear fruit, chief executive officer Glenn Rufrano said.
      Bloomberg; BLOOMBERG  -  576 words
    • 609 32 Recession keeping benchmark govt bond rates low Bloomberg [SINGAPORE] Japan’s home mortgage costs are dropping, with rates at the lowest since 2009, as a recession deters borrowers and keeps benchmark government bond rates low. The 10-year fixed mortgage rate is 3.75 per
      Bloomberg  -  609 words
    • 536 33 Hedge fund raises 1.1b yen to provide lodging for relief workers, volunteers Bloomberg [TOKYO] Sparx Group Co, Asia’s second-largest hedge fund, is starting a fund that will invest in building hotels in Japan’s earthquake-devastated areas. Sparx tied up with Kachikaihatsu Co,
      Bloomberg; BLOOMBERG  -  536 words
    • 320 33 Reuters [SHANGHAI] Commercial property developer SOHO China will be “actively buying” property over the next six months as it expects government measures to control soaring real estate prices to end within that period, its chief executive Zhang Xin said yesterday. She
      Reuters  -  320 words
    • 817 34  -  S’pore posts 8.1% increase in rents between June 2010 and June 2011, and 0.9% for Q2 2011 By MINDY TAN EVEN as ongoing concerns for the EU and US economies have affected sentiments for high-end properties, prices of mass-market homes are fast approaching the psychological
      817 words
    • 358 34  -  It’s business as usual at Knight Frank, says property consultancy By UMA SHANKARI LC Development said yesterday it will invest $34.1 million to take a 44 per cent stake in leading real estate consultancy Knight Frank Singapore. LC Development, which is listed
      358 words
    • 440 34  -  By UMA SHANKARI RAFFLES Quay Asset Management is in active discussions with a few prospective tenants to fill the third office tower at Marina Bay Financial Centre (MBFC), chief executive Wilson Kwong said yesterday. The development’s Tower 3, which will offer
      440 words
  • Page 31 Advertisements
    • 40 31 Reach out to prime international and local tenants Savills Retail Lifestyle Leasing Savills has over 200 offices and associates worldwide to meet all your real estate needs, anywhere in the world. Call 6836 6888 I savills.com savills AGENCY NO. L*****88B
      40 words

  • Page 32 Advertisements
    • 231 32 BUILDING WEALTH THROUGH STRUCTURED PROPERTY INVESTMENT i "m WW AT ~f I Every property investment opportunity that is presented to our clients has been subjected to a comprehensive due diligence process We identify opportunities, build portfolios and help our clients maximize their worldwide assets under minimal risks think of us
      231 words
    • 284 32 SOHO-STYLE STRATA OFFICES FOR SALE Award-winning Conservation Project In the heart of Arts Heritage district Close to Cityhall, Dhoby Ghaut Bras Basah Circle Line Offices 872 sqft to 1808 sqft (3rd to 6th storey) Ensuite Bath Shower I Varenna Kitchenette Sale by Private Treaty, Immediate Occupation Limited Units Call exclusive
      284 words
    • 425 32 Golden rural subdivision opportunity Western Australia FOR SALE Lot 9501 River Road, Boddington, Western Australia Rural landholding of 167ha* in close proximity to town centre Potential for up to 93 rural residential lots from 1ha* 12.5ha* Strong and well established mining town south east of Perth *Approx. www.joneslanglasalle.com.au/*****46 Under instruction
      425 words

  • Page 33 Advertisements
    • 319 33 Tiong d a o R Redhill MRT Station Jalan n o s r e Gan Eng Seng Secondary School B a h ru R o a d Henderson Secondary School Bukit Food Centre o a dE xahge Bukit Merah Bus Interchange R d n e H ad Food Centre Ro
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    • 380 33 RESIDENCE <<? Wilby Central *****888 Wilby Bukit Timah *****505 WILBY CENTRAL Newly Refurbished Serviced Apartments Studio 2-Bedrooms Modern Decor with High Tech Features 5 minutes' walk to MRT Stations/ Shopping Malls Complimentary shuttle bus service to Orchard Road/Newton/Holland Village Complimentary broadband internet service local calls —i For more information, visit
      380 words

  • Page 34 Advertisements
    • 263 34 enjoying a home loan without paying interest vV I am We are providing innovative solutions that give you more •X"" r L* i £5 iih GIDBAL FINANCE Safest Bank in Asia 2009, 2010 2011 I Mortgage Advantage I t Introducing Mortgage Advantage, the first multi-currency deposit linked mortgage that allows
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