The Business Times, 30 September 2011
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2011-09-30
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The Business Times
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Title Section23 2011-09-30 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Friday, September 30,23 words
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Article, Illustration1309 2011-09-30 1 JOYCE HOOI - By JOYCE HOOI [SINGAPORE] In what is probably the closest they will get to feeling poor, Singapore’s ultra-rich have spent the best part of the year watching the value of their listed company stakes plummet. While the Straits Times Index might be down only1,309 words
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Article141 2011-09-30 1 GST INDEX 2,708.13 (+6.96) GST INDEX FUTURES 2,708.00 (+7.00) GSIMSCI 311.46 (+0.50) GSIMSCI FUTURES 311.50 (+0.70) FOREX US$ S$ US$ (S$ per US$) 1.292 (US$/S$ per 1.567 2.024 EURO (US$/S$/E) 1.366 1.764 Foreign currency per US$ S$ YEN 76.50 59.20 RM 3.186 2.467 HK$ 7.793 6.033 BAHT 31.21141 words
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893 2011-09-30 1 RONNIE LIM - Oil giant trying to ‘starve’ the fire; price of diesel futures rises amid concerns By RONNIE LIM [SINGAPORE] Shell which has already started a two-day sequenced operation to shut down its 500,000 barrels of crude oil distillation capacity here is prepared to893 words
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Page 1 Advertisements
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Advertisement17 2011-09-30 1 SINGAPORE INDIAN ENTREPRENEUR AWARDS Shashi Lal Kashyap wins Large Enterprise accolade PAGE 4 Market fortunes, Page 217 words
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Advertisement117 2011-09-30 1 BANKING Citi to pace growth in Asia PAGE 2 SANTOS-DUMONT SKELETON 9611 MC THE CARTIER CALIBRE 9611 MC FEATURES AN EXCLUSIVE SKELETON MOVEMENT. THE BRIDGE SKELETON, USING ROMAN NUMERALS, PROVIDES A UNIQUE DISPLAY AND TIME READABILITY. THE COMBINATION OF THE OUTLINE CASING OF THE SANTOS-DUMONT WATCH AND THE PURITY OF117 words
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Advertisement11 2011-09-30 1 PATRON OF THE ARTS Creating a culture of giving PAGES 16-2011 words
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Advertisement24 2011-09-30 1 DANCE The body politic PAGE 34 EXECUTIVE LIFESTYLE STEPPING OUT Fun and fitness trump the latest dance trends in new dance studios PAGE 3824 words
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TOP STORIES
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396 2011-09-30 2 SIOW LI SEN - Lenders undercut one another to grab bond deals By SIOW LI SEN [SINGAPORE] The local debt market has shrunk along with volatile markets, but fees earned by banks have fallen much faster as they undercut each other in order to hang on to396 words
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Article, Illustration885 2011-09-30 2 EMILYN YAP - Mood of first board meeting in the region in stark contrast to UBS’s By EMILYN YAP [SINGAPORE] The board meetings of UBS and its rival Citigroup took place in Singapore just days apart, but the mood surrounding these events could not have been moreCHEW SENG KIM/THE STRAITS TIMES - 885 words
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THREE-MINUTE DIGEST
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59 2011-09-30 2 SHELL is prepared to go all the way and shut down its entire Bukom manufacturing site “if need be”, its Singapore chairman Lee Tzu Yang said. This will allow it to better focus on its bid to put out a controlled, but59 words
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69 2011-09-30 2 IN what is probably the closest they will get to feeling poor, Singapore’s ultra-rich have spent the best part of the year watching the value of their listed company stakes plummet. While the Straits Times Index might be down only 17 per cent year-to-date,69 words
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Article51 2011-09-30 2 THE bank is still looking for growth, though it is moderating expansion plans in Asia as the global economy stays in a funk. The issue of pacing is “something that we’re working through right now”, said Citi chief executive Vikram Pandit. TOP STORIES, PAGE51 words
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67 2011-09-30 2 ANGELA Merkel won her toughest challenge yet as German chancellor by pushing through changes to a rescue fund for the eurozone debt crisis yesterday without the humiliation of relying on opposition support. Stocks and the euro rose yesterday after Germany’s approval of the67 words
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53 2011-09-30 2 CAPITAMALLS Asia will join a government-owned Chinese developer to build a shopping mall and two office towers within Suzhou Industrial Park. Based on its 50 per cent share, CMA is expected to invest about 3.37 billion yuan (S$637 million) in the project. COMPANY53 words
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67 2011-09-30 2 STRONG economic growth in the past year boosted incomes, and hence, the total income tax collected by the Inland Revenue Authority of Singapore (IRAS) for its financial year ended March 31, 2011. The taxman collected a total of $34.7 billion of67 words
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89 2011-09-30 2 GREECE may never be able to pay off its huge debts, but its bonds, long scorned by investors, are suddenly being gobbled up by hedge funds. After a number of investors struck gold by betting against French banks, many have turned89 words
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53 2011-09-30 2 A STRING of Chinese entrepreneurs have gone into hiding to avoid repaying loans, according to state media reports, highlighting a credit squeeze on private firms and the dangers of steep interest rates in China’s vast and growing informal lending market. GREATER53 words
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Article, Illustration572 2011-09-30 4 Chancellor spared the humiliation of relying on opposition support Reuters AP [BERLIN] Angela Merkel won her toughest challenge yet as German chancellor by pushing through changes to a rescue fund for the eurozone debt crisis yesterday without the humiliation of relying on oppositionReuters; AP - 572 words
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Article, Illustration878 2011-09-30 4 MALMINDERJIT SINGH - Shashi Lal Kashyap honoured in Large Enterprise Category SINGAPORE INDIAN ENTREPRENEUR AWARD 2011 By MALMINDERJIT SINGH [SINGAPORE] Transforming a family-run business, started by his father, into a modern corporation was the driving force behind Shashi Lal Kashyap becoming an entrepreneur. Joining the family outfitPHOTOS: ARTHUR LEE - 878 words
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Article, Illustration463 2011-09-30 4 SIOW LI SEN - By SIOW LI SEN [SINGAPORE] Is the party starting to come to an end for property buyers as local interest rates have risen over the past three weeks? The benchmark threemonth Sibor or wholesale interest rate has risen steadily to 0.37 perSource: Bloomberg - 463 words
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537 2011-09-30 4 GRACE LEONG - Lawyers for Morgan, S’pore investors present arguments By GRACE LEONG [SINGAPORE] A federal judge in New York has not yet decided on whether a lawsuit accusing Morgan Stanley Co of selling rigged Pinnacle Notes as “safe” products to a group of537 words
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Page 2 Advertisements
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Advertisement192 2011-09-30 2 Ready For Home Entertainment That's LARGER Than Life? Parrot BY S+ARCK >, J. ■B.rju> Kj L J Wi blllaffil I U iPhone A Wireless Stereo System $2688 designedbyPhilippeStarck UP $2999 Since our inception in 1998, we have commissioned over 7000 residential and commercial projects, from luxury yacht to 60-seat private192 words
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Advertisement190 2011-09-30 3 BEAUTY REDEFINED At Jaguar, we continue to push the perimeters of form and function in our endeavour for excellence. This has spawned a revitalised New XF which harnesses the breathtaking power of a sports car into the sublime pleasure of a world-class luxury saloon. The rejuvenated design is crafted with190 words
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COMPANY NEWS
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Article, Illustration434 2011-09-30 5 UMA SHANKARI - It will join a Chinese developer to build a shopping mall and two office towers By UMA SHANKARI CAPITAMALLS Asia (CMA) will join a governmentowned Chinese developer to build a shopping mall and two office towers within Suzhou Industrial Park, it said yesterday.434 words
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620 2011-09-30 5 FELDA CHAY - HOCK LOCK SIEW By FELDA CHAY GOLD miner LionGold Corp, with an unproven track record, continues to attract investor interest even though some broking houses are advising caution. Brokers UOB-Kay Hian and CIMB Securities have sounded the alarm by imposing trading restrictions on the620 words
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301 2011-09-30 6 It intends to fund the acquisition by debt SABANA Shari’ah Compliant Industrial Real Estate Investment Trust has bought 21 Joo Koon Crescent, a three-storey factory building with ancillary office, for $20.274 million from AVA Global. HSBC Institutional Trust Services (Singapore), as trustee of Sabana Reit,301 words
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588 2011-09-30 6 VEN SREENIVASAN - Citigroup warns of risk of ‘disorderly’ financial collapse and deep recession By VEN SREENIVASAN THE recent savaging of emerging market equities and bonds, sell-off in commodities, dives in equity valuations and rally in the US dollar feel very much like 2008 as markets move to588 words
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Article, Illustration590 2011-09-30 6 Reuters [LONDON] Interest in the London Metal Exchange (LME) as a takeover target has snowballed and the number of suitors has risen to double digits because business is booming with volumes at record levels, its chief executive Martin Abbott said. The LMEReuters; BLOOMBERG FILE PHOTO - 590 words
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366 2011-09-30 10 FELDA CHAY - Revenue falls 13.9% to $1.33b; manufacturing costs rise By FELDA FELDA CHAY INTEGRATED manufacturing services group Beyonics Technology posted a $17.5 million net loss for its full year ended July 31, 2011 (FY 2011), as revenue fell and manufacturing costs rose. This translated to366 words
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322 2011-09-30 10 DOLLY CHIA - Firm plans to pursue potential projects in Malaysia, Vietnam By DOLLY CHIA TTJ Holdings shares surged as much as 14 per cent yesterday following news that the group has more than doubled its full-year earnings. The stock climbed as high as 16.2 cents322 words
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COMPANY BRIEFS
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88 2011-09-30 10 KEPPEL Shipyard has secured three conversion contracts worth a total of $142 million. These contracts are to convert a liquefied natural gas (LNG) carrier to a floating storage unit (FSU), a VLCC tanker to a floating storage and offloading (FSO) unit as well as a88 words
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Article50 2011-09-30 10 NAM Cheong Ltd said its units sold two 3,000 dead weight tonne platform supply vessels to Bumi Armada Navigation Sdn Bhd and a 5,150 brake horsepower anchor handling towing supply vessel to Gulf Glory Marine Services LLC. The contracts are worth a total of US$51.5 million.50 words
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69 2011-09-30 10 UNITED Envirotech, which provides membrane-based water and wastewater treatment solutions, said that it has exercised a call option to buy all of Tongji Environmental (China) Pte Ltd, the holding company of Aton Environmental (Shenyang) Co, for RMB34.03 million (S$6.9 million). Aton has a 30-year build-operate-transfer concession69 words
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195 2011-09-30 10 TEO SI JIA - By TEO SI JIA INFRASTRUCTURE construction and precast specialist Koon Holdings has secured contracts for precast components worth $53.73 million. The group’s subsidiaries, Econ Precast Pte Ltd and Contech Precast Pte Ltd, will be supplying precast components for the construction of HDB flats and195 words
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Advertisement362 2011-09-30 5 GNC LIVE WELL. Hizhi Energy all day long! X fct/e t/le <J&/idJouS paOdJl -ft c&ol/t! Stefanie Sun International Artiste i.zhi, Cordyceps Lingzhi power cocktail For Energy Immunity Promotion Now On 6281 5688 or 6757 4403 o www.gnc.com.sg Tascvnatvna JioOduys Stop Dreaming, start experiencing 3N Romance Love Maldives Kurumba fr$1288 Velassaru+1N362 words
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Advertisement173 2011-09-30 6 (SaOOg (syrsToxsrgag) ggSM rt dSMfaaflMhlUHrrfhtigg^ \.V- gsGsegtoegJfl MACAU T HI IE II G HI T O IF BOSINE URE A World-Class Business Destination with Non-Stop Leisure Entertainment Macau is Asia's newest and most exciting destination for meetings and incentives with billions of dollars worth of new infrastructure underway. Nowhere in173 words
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Advertisement223 2011-09-30 7 THE STRAITS TIMES. Get the All-in-One news experience for just $2 more! 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. a THE* ST R A Z *r WA •A 4 STEPS TO QUICK ACCESS:223 words
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SINGAPORE MARKETS
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Article, Illustration597 2011-09-30 8 R SIVANITHY - The ST Index received late support from a rise in the Dow Jones futures contract and a firm opening for Europe STOCKS R SIVANITHY Senior Correspondent THE closure of Hong Kong yesterday because of a typhoon warning probably helped the local market avoidSource: Bloomberg - 597 words
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Article186 2011-09-30 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 7 1 0 0 0 3 7 1 Manufacturing 34 64 34 4 3 5 38 67 39 Commerce 14 20 12 3 1 4 17 21 16 Tpt/Stor/Comms 14 16 10186 words
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Article119 2011-09-30 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 19,981 19,981 105,766 105,766 Manufacturing 140,896 21,769 162,665 126,662 173 126,834 Commerce 94,171 1,157 95,328 105,522 201 105,723 Tpt/Stor/Comms 131,514 1,510 133,024 170,311 97 170,408 Finance 12,215 19 12,234 104,678 4 104,682 Construction 11,171 6,217119 words
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Article112 2011-09-30 8 Stock name Close Change Stock name Close Change CapMallsAsia 1.200 -0.005 CapitaLand 2.490 -0.010 CapitaMall 1.840 -0.015 CityDev 9.690 -0.100 ComfortDelGro 1.330 DBS Grp 12.000 -0.030 F&N 5.760 +0.020 GLP 1.650 +0.010 Genting SP 1.600 -0.005 Golden Agri 0.625 -0.005 HK Land 4.650 +0.110 JMH 46.950112 words
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Article65 2011-09-30 8 Sep 29 VALUE CLOSE BT OB/OS -787.00-143.00 BT CADI -*****.00 -83.00 BT 10-day MA -*****.00 -78.00 FTSE ST Mid Cap 599.35 -3.27 FTSE ST Small Cap 416.40 -1.19 FTSE ST All Share 650.67 +0.66 FTSE ST China Top 185.74 -0.53 FTSE ST China 224.00 +1.33 FTSE ST65 words
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Article63 2011-09-30 8 VOLUME Golden Agri 105,014,000 HPH Trust US$ 45,799,000 Genting SP 37,907,000 Yangzijiang 32,092,000 Noble Grp 31,310,000 Sheng Siong 21,965,000 STI 2700MBePW*****0 21,566,000 NexGenSCom 20,813,000 SingTel 19,647,000 SwingMedia 18,135,000 VALUE($) Keppel Corp 83,304,240 Golden Agri 65,170,095 SingTel 61,775,550 Genting SP 60,621,615 DBXT MSAsExJp 10US$ 47,930,329 Noble Grp 43,523,61063 words
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BROKERS’ TAKE
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Article, Illustration376 2011-09-30 8 Sept 29 close: $0.80 KIM ENG SECURITIES, Sept 29 SARIN launched its Light Performance Technology (LPT) system, the Sarin D-Light, last week at the Hong Kong Jewellery Gem Fair 2011. This is a first step towards rolling out LPT as the next revenue driver, after the successful GalaxySource: Bloomberg - 376 words
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Article406 2011-09-30 8 JOYCE HOOI - Compiled by JOYCE HOOI Sept 29 close: $0.22 DMG RESEARCH, Sept 29 KSH announced that it secured a $49.9 million building contract from Mount Alvernia Hospital. This win boosted its order books to more than $385 million, up 10 per cent from June 2011. No change to our406 words
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Article118 2011-09-30 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first, second, or third quarter118 words
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Article, Illustration527 2011-09-30 8 CURRENCIES Reuters [LONDON] The euro retreated from highs against the dollar yesterday after support from German approval for boosting the eurozone rescue fund gave way to selling given that policymakers still lack a cohesive plan to solve the region’s debt crisis. GermanReuters; AP - 527 words
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Article112 2011-09-30 8 BY CENTS CLOSE UP DBXT STGLDv100 10US$ 2576 162.7 5.1 DBXT MSKorea 10US$ 4826 113.7 1.9 Jardine C&C 4114 97.0 2.4 DBXT S&P Short 10US$ 4618 50.4 0.9 SIA.ES.1109 1134 38.0 3.5 Petra 175 35.0 25.0 DBXT MSAsExJp 10US$ 2676 28.4 0.8 DBXT MSINDO 10us$ 1365 25.8 1.5 JSH112 words
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Article124 2011-09-30 8 BY CENTS CLOSE DOWN DBXT DBLCI-OY 5US$ 3787-641.9 -11.6 GLD 10US$ *****-313.8 -1.5 IS S&P500 *****-140.8 -0.9 DBXT SPASX200 10US$ 2917 -85.2 -2.2 DBXT FTVietnam 10US$ 2490 -73.6 -2.2 OCBC Bk 5.1%NCPS 100 ***** -64.0 -0.6 DBXT Nifty 10US$ ***** -50.4 -0.4 DBXT MSJAP 10US$ 3603 -45.2 -1.0 JMH124 words
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Advertisement333 2011-09-30 9 Carrefour <H VV \V\\ STAND A CHANCE V V\ v > O a round trip for 2 to fur-fista oris Simply spend $100 above in a single receipt at Carrefour International Wine Fair from 30 Sep 12 Oct 2011 to qualify. Official Airline: me 2 Oi/ Terms Conditions apply 30333 words
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Advertisement3808 2011-09-30 10 MATS BUY IT• SELL IT-FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg k f 1 3 SIN GHEE HUAT CORPORATION LTD. Company Registration No.: *****0475Z (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sin Ghee Huat Corporation3,808 words
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CHINA AUDIT
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Article, Illustration1718 2011-09-30 11 LYNETTE KHOO - LYNETTE KHOO looks at the challenges in auditing a financial report from China and what can be done to address risks of mis-statements LYNETTE KHOO THE slew of Chinese enterprises going public has generated business downstream not just for bankers but for the likes of auditors,REUTERS - 1,718 words
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Advertisement143 2011-09-30 11 'I wanted a Manage^^k The CIMA syllabus is well-rounded with a strong business focus. I didn't want to go into audit or practice. I wanted to get into business and to make a difference. So all the signs pointed to CIMA. Sujata Gaikwad Financial Analyst, Transmission Finance National Grid nt143 words
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SINGAPORE NEWS
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626 2011-09-30 12 MICHELLE QUAH - Robust economic growth, opening of IRs push up FY2011 tax collection By MICHELLE QUAH STRONG economic growth in the past year boosted incomes, and hence, the total income tax collected by the Inland Revenue Authority of Singapore (IRAS) for its financial626 words
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358 2011-09-30 12 CONRAD TAN - By CONRAD TAN INTERNET banking users here are being targeted by malicious software that tries to withdraw funds from their bank accounts when they try to access them, the Association of Banks in Singapore (ABS) warned yesterday. “There have been a few cases358 words
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Article, Illustration479 2011-09-30 12 KELLY TAY - By KELLY TAY THE government is raising current levels of spending in the arts and cultural sector by 50 per cent, to an average of $365 million per year over the next five years. In addition, it is aiming to getLIM WUI LIANG/THE STRAITS TIMES - 479 words
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Article, Illustration327 2011-09-30 12 KALPANA RASHIWALA - By KALPANA RASHIWALA ROBERT Kuok’s Singapore property unit Allgreen Properties will preview on Thursday next week a 102-unit development at Mar Thoma Road near the Toa Payoh/Bendemeer area. The 999-year leasehold Riviera 38 will have a range of unit sizes, starting from 452 sq ft327 words
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164 2011-09-30 12 ELECTRICITY tariffs for the October-December period will decrease by an average of 1.2 per cent, and could amount to cost savings of $1.24 a month, said electricity, water and piped gas supplier SP Services Ltd yesterday. SP Services said that electricity tariffs for households164 words
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316 2011-09-30 12 UMA SHANKARI - By UMA SHANKARI LIPPO Group founder and chairman Mochtar Riady said that the “China factor” has become his company’s key consideration in its business development. Dr Riady, who was speaking at the National University of Singapore (NUS) yesterday evening, was sharing Lippo’s experience316 words
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Advertisement8 2011-09-30 12 MPAS MAGAZINE AWARDS 2011 BEST USE OF PHOTOGRAPHY/ILLUSTRATION8 words
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Advertisement7 2011-09-30 12 Patron of the Arts, Pages 16 187 words
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ECONOMY WATCH
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453 2011-09-30 13 Its members clam up when approached by journalists Reuters [WASHINGTON] The US Congress’ “super committee” is earning a reputation for being the “super secret committee” as radio silence envelopes the panel charged with cleaning up the country’s budget mess. Democratic and RepublicanReuters - 453 words
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249 2011-09-30 13 Bloomberg [VIENNA] European regulators are concerned that retail investors are buying more complex exchange-tra-ded funds in search of higher returns, said Steven Maijoor, chairman of the European Securities and Markets Authority. There is demand by consumers looking for higher returns and “there areBloomberg - 249 words
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Article, Illustration648 2011-09-30 13 Investors hope to cash-in on a bailout of Greece by the EU and IMF NYT [LONDON] Greece may never be able to pay off its huge debts, but its bonds, long scorned by investors, are suddenly being gobbled up by hedgeNYT; AP - 648 words
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Advertisement2584 2011-09-30 13 What Did Geshe Michael Roach Do to turn a small company of less than 5 staff into a US$250 million dollar corporation sold to Warren Buffet at a handsome price? LIVE in Singapore! 2 Events Back to Back... 2 Nights Public Talk Date: 11th 12th Oct (Part 1 Part 2)2,584 words
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Advertisement443 2011-09-30 13 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SORLAIN PRIVATE LIMITED (In members’voluntary winding-up) (Company Registration No. *****1504G) NOTICE OF RESOLUTIONS MEMBER’S RESOLUTIONS IN WRITING PURSUANT TO SECTION 184G OF THE COMPANIES ACT, CAP. 50 AND ARTICLE 58(A) OF THE COMPANY’SARTICLES OFASSOCIATION IT WAS443 words
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MALAYSIA/INDONESIA
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681 2011-09-30 14 S JAYASANKARAN - Collaboration deal sparks question of effective control By S JAYASANKARAN By in Kuala Lumpur NEW questions are surfacing over conglomerate Sime Darby’s purchase of a 30 per cent interest in property developer Eastern Oriental (E&O) a month ago. Already, there is pressure building for681 words
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Article, Illustration83 2011-09-30 14 Reuters [JAKARTA] Indonesia is not dependent on Thailand or Vietnam for rice imports, while state procurement agency Bulog should now look to buy the grain from domestic suppliers, the Indonesian agriculture minister said. Indonesian officials are in Bangkok to discuss the reported cancellation of a proposedReuters; REUTERS - 83 words
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533 2011-09-30 14 PAULINE NG - By PAULINE NG in Kuala Lumpur SHARES and warrants of SP Setia saw double digit gains yesterday as investors sensed a tussle ahead for control of the builder following a decision by the board to seek alternative bids because it deemed state-linked Permodalan533 words
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Advertisement425 2011-09-30 14 LONGEST WARRANTY! LOWEST PRICES! PROSTAR WHEY PLATINUM SERIES (5LBS) SUPER SHAKER UO]7 GREEN MAGNITUDE (1.84LBS) UP $178.50 25g of protein, 6g of BCAA. 2g of carbs per serving. 80 servings per tub. WHEY SUPREME (5LBS) Patented formula to improve strength, stamina, performance muscle DAILY COMPLETE FORMULA BM180 TABS) UP_$59 MUSCLE425 words
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Advertisement12 2011-09-30 14 EnjoyaWeekendsetlunch@ perperson* withacomplimentarySummerPalaceSignaturedish (ChoosefromWok-friedCrocodile&AsparaguswithXOsauce, Stir-friedBlackPepperScalloporWasabiPrawns). acomplimentarydish(worth$42) fromSummerPalace'sSignatureselection. *Minimum4todine THEBUSINESSTIMES th Anniversary Diningdeals12 words
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GREATER CHINA
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Article, Illustration949 2011-09-30 15 Mayor out to drastically narrow stark rural-urban income gap Reuters [CHONGQING] China’s fast-growing south-west city of Chongqing has gained fame of late for reviving Mao-era songs and slogans, but the man at its economic helm claims his heroes are Reagan and Thatcher. Huang Qifan, the activistReuters; BLOOMBERG - 949 words
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Advertisement694 2011-09-30 15 KAT3 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF RUMAH CHANTEK PTE. LTD. (In Members’ Voluntary Liquidation) UEN *****0524E NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held on the 27th day of September 2011 the694 words
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Advertisement102 2011-09-30 15 /7AM?//? DESIGNED FOR YOU "What a great repertoire a daily shortcut to over 50 European cities." Min Lee, violinist Singapore BUSINESS CLASS TO EUROPE STARTING FROM $4888* *Actual fare depends on destination and available booking class and may vary due to currency fluctuations. www.finnair.sg > ft Os .-A '■imh J102 words
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PATRON OF THE ARTS
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Article, Illustration1216 2011-09-30 16 KELLY TAY - Although donations to the arts scene picked up last year, National Arts Council CEO Benson Puah believes that even more companies and individuals should step forward, reports KELLY TAY reports KELLY TAY FUNDING for the arts and heritage scene in Singapore went up last yearST FILE PHOTO - 1,216 words
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348 2011-09-30 16 KELLY TAY - By KELLY TAY NOW into their 28th year, the Patron of the Arts Awards recognise organisations and individuals for their contributions towards the promotion and development of the arts in Singapore. Organised by the National Arts Council, beneficiaries were encouraged to nominate their sponsors who348 words
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Article, Illustration1340 2011-09-30 18 KELLY TAY - KELLY TAY finds out why big-time patrons of the arts continue their funding and how smaller, homegrown companies have stepped forward KELLY TAY EVEN as pundits continue to spell doom and gloom for the global economy, local companies are staying steadfast in their support1,340 words
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Article, Illustration911 2011-09-30 18 KELLY TAY - By KELLY TAY EARLIER on Tuesday, 154 Arts Supporters received awards personally from their beneficiaries in a ceremony at the Goodman Arts Centre. Instituted in 2000, the category recognises individuals and organisations who donate smaller but no less significant amounts to the911 words
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Advertisement138 2011-09-30 16 OF THE T SER ING GUE OU OUR PLEASURE IN THE ARTS. As we celebrate our 15 th Anniversary, the Conrad Centennial Singapore is delighted to be recognised for our service to the alts. As an honoured recipient of the 2011 Patron of the ArtsTAWards fror the National Arts Council,138 words
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Advertisement201 2011-09-30 17 EXPLORING EVERY ANGLE. WEALTH. WHAT'S IT TO YOU? If wealth to you means looking at the world in new and interesting ways, talk to us. At Barclays Wealth, we provide expertise and guidance that helps you get the most from your wealth so you can enjoy the freedom it brings.201 words
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Advertisement962 2011-09-30 19 PATRON OFTHEARTS AWARDS 2 0 11 THANK YOU TO ALL AWARD RECIPIENTS FOR YOUR CONTRIBUTIONS TO THE ARTS IN SINGAPORE DISTINGUISHED PATRON OF THE ARTS AWARD N V City Developments Limited Hong Leong Foundation HSBC Keppel Corporation Limited Lee Foundation M1 Limited Ngee Ann Kongsi NTUC Income Insurance Co-operative Limited962 words
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Advertisement95 2011-09-30 20 A V xTX r 1 i i I 1 X ri VIA S Jc'/ x >v~i K fT" 1 X 2 i A v I CVS? «1 U -iz v/rriar/ie We are proud to be conferred the Distinguished Patron of The Arts for 19 consecutive years Our support to the95 words
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GREATER CHINA/INDIA
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876 2011-09-30 21 Punishing rates of underground loans amid credit squeeze taking its toll Reuters [BEIJING] A string of Chinese entrepreneurs have gone into hiding to avoid repaying loans, according to state media reports, highlighting a credit squeeze on private firms and the dangersReuters - 876 words
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Article, Illustration669 2011-09-30 21 Bloomberg [MUMBAI] Indian steelmakers may cut prices next month by the most in more than a year because of waning demand and unsold inventory, two Steel Ministry officials said. Hot-rolled coil prices may be lowered by as much as 5 perBloomberg; BLOOMBERG FILE PHOTO - 669 words
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Article, Illustration691 2011-09-30 21 Typhoon Nesat skirts HK, makes landfall in China Bloomberg [HONG KONG] Hong Kong shut financial markets for the day, and closed schools, courts and government offices after raising its highest storm signal in two years as Typhoon Nesat swept gale-force winds and rainBloomberg; AFP - 691 words
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Page 21 Advertisements
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Advertisement49 2011-09-30 21 J t 7 <W 5;.i -1il®- ij* Italian wine and dine under the sky JfE* -> iBiMKiiuu. V ii:. -Fl V "as? -r ••i 5 B S n 5? i' riplo Discover the perfect setting at our contemporary Italian restaurant and bar on 24F. Tel: 6730 3395 ilcielo@hilton.com Hilton Singapore49 words
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Advertisement56 2011-09-30 21 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 ii m i mm m a i i> v 4- jpSlfc)! rmmwmA IS JOHN ABRAHAM INDIA'S SEXIEST MAN? GET YOUR COPY TODAY FROM56 words
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WORLD
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641 2011-09-30 22 Performance-related losses hit US$3.4b, AUM down US$6b NYT [LONDON] As a bellwether of how hedge funds have fared over the summer, the financial performance reported on Wednesday by the Man Group, the world’s largest publicly traded hedge fund manager, does not exactly inspireNYT - 641 words
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Article, Illustration780 2011-09-30 22 Domestic demand more important than exports to developed markets FEARS that Asia’s growth will be badly hit by slower exports to the weakening economies of the US and Europe are overdone, according to Patrick Artus, chief economist and head of research atBLOOMBERG - 780 words
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Article, Illustration472 2011-09-30 22 AFP [WASHINGTON] Cantaloupes infected with listeria have sparked the deadliest US food borne disease outbreak in more than a decade and are likely to claim more victims in the weeks ahead, officials said on Wednesday. Thirteen people have died and 72AFP; AP - 472 words
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Article, Illustration472 2011-09-30 23 Slight improvement reflects bigger boost from trade, more consumer spending LATEST US DATA AP [WASHINGTON] The US economy grew slightly faster in the spring than previously estimated, but remained dangerously weak as the country struggled with surging gas prices and high unemployment.AP - 472 words
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638 2011-09-30 23 ANTHONY ROWLEY - Recession in the West may be long-lasting: business leaders By ANTHONY ROWLEY in Tokyo NOW is the time for Asian governments to get serious about promoting regional economic integration. This will create demand that will help offset the gathering slowdown in Western638 words
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259 2011-09-30 23 Reuters [BERLIN] German unemployment fell much further than expected this month, showing companies were still hiring despite fears of a coming economic slowdown that could be worsened by Europe’s debt problems. The upbeat data from Europe’s largest economy argues against an interestReuters - 259 words
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630 2011-09-30 23 Value of withdrawn, delayed IPOs this year rises to US$34b Bloomberg [NEW YORK] Companies cancelled or postponed US$8.9 billion in initial public offerings (IPOs) in the third quarter as stocks plunged, putting the market on pace to set a recordBloomberg - 630 words
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Article, Illustration663 2011-09-30 24 Deal covers 48,500 hourly workers and is 1st for automaker since its bankruptcy Reuters [DETROIT] Workers represented by the United Auto Workers (UAW) union approved on Wednesday a four-year labour contract with General Motors Co (GM), the first such deal for the top USReuters; AFP - 663 words
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Page 22 Advertisements
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Advertisement1363 2011-09-30 22 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg LOST SHARE CERTIFICATES The following share certificates have been reported lost, destroyed or mislaid:Name of Company Certificate No. In the Name of No. of Shares Keppel Corporation *****68 Tan Bin Gee 6,052 Limited NOTICE IS HEREBY GIVEN that if within fourteen (14) days1,363 words
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Advertisement19 2011-09-30 22 Beef Up Your Finances Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your IPOs other offerings WATcf NOTICES19 words
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Page 23 Advertisements
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Advertisement1428 2011-09-30 23 JTC Eating Hse for Sale 14-stall JTC Eating House @Pioneer (Tuas), *****ft 2 Great investment, Opposite future MRT, 20-yr lease Feb2005, good food, crowd, ample parking. Pis call *****921 Alex CEA R*****21, sole agent. Cobroke welcome CBRE CBRE L*****08E CB RICHARD ELLIS MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg SaizenREIT)*1,428 words
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Advertisement65 2011-09-30 23 London Property Opportunity! Profit from the weak pound. Prices up to 25% cheaper for overseas investors compared to 2008. Strong price growth continues. We are bespoke buyer agents based in London. We source best properties at lowest prices including off market deals. We are in Singapore 29th September to 3rd65 words
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Advertisement3280 2011-09-30 24 i SMRMESHOLDINGSLTD ST. JAMES HOLDINGS LIMITED (Registration No: *****0338M) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of St. James Holdings Limited (the "Company") will be held at Movida, St. James Power Station, 3 Sentosa Gateway, #013,280 words
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Advertisement545 2011-09-30 24 MATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 RPO RESOURCES PTE LTD (Incorporated in the Republic of Singapore) Company Reg. No. *****4495N At an Extraordinary General Meeting of the members of RPO RESOURCES PTE LTD duly convened and held at 101 Cecil545 words
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Advertisement447 2011-09-30 24 THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF THE MEDICAL LABORATORY (S) PTE LTD (IN MEMBERS' VOLUNTARY WINDINGUP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act Chapter 50, the Final Meeting of the members of the447 words
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Advertisement441 2011-09-30 24 IN THE GRAND COURT OF THE CAYMAN ISLANDS FINANCIAL SERVICES DIVISION CAUSE NO. FSD 135 OF 2011 IN THE MATTER of section 86 of the Companies Law (2010 Revision) (as amended) AND IN THE MATTER of the Grand Court Rules 1995 Order 102 AND IN THE MATTER of Hsu Fu441 words
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AVIATION/SHIPPING
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Article, Illustration404 2011-09-30 25 AFP [SYDNEY] Qantas yesterday said that 8,500 passengers would be hit by renewed ground staff and engineer strikes which have forced two flights to be axed and 39 others delayed on one of the year’s busiest weekends. Some 4,000 Transport Workers Union (TWU)AFP - 404 words
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293 2011-09-30 25 Capacity exceeds China’s demand for dry bulk shipments Bloomberg [SINGAPORE] U-Ming Marine Transport Corp, the Taiwanese operator of dry bulk ships, expects next year to be a “difficult year” for the market because of the launch of more large ships and higherBloomberg - 293 words
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Article278 2011-09-30 25 SGX '000 Sep 29 S$ +/-Vol CH Offshore 0.38 unch 26 Chuan Hup Hldg unch unch 0 Cosco Corp 0.94 -0.02 5636 CWT Ltd 0.95 -0.02 644 Ezra Hldgs 0.87 -0.01 2268 First Ship Lea 0.28 -0.01 1907 Freight Links 0.05 unch 547 Grand Banks 0.35 -0.01 49278 words
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Article289 2011-09-30 25 Bloomberg [TOKYO] AirAsia X, the long-haul affiliate of Asia’s biggest discount carrier, may add at least 60 more aircraft to support possible hubs in Japan and Australia. The carrier, which has a backlog of 30 Airbus SAS planes, “could triple our orders”, chiefBloomberg - 289 words
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678 2011-09-30 25 Bloomberg [LONDON] Emirates, the biggest international airline, will add flights to Seattle and Dallas in a revival of plans to establish a major route network to the world’s largest economy that it shelved after the 2001 terror attacks. Emirates will begin daily servicesBloomberg - 678 words
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592 2011-09-30 25 Annual fixture takes place on a patch of sand that emerges at year’s lowest tide AFP [THE SOLENT, United Kingdom] With military precision, a flotilla of eccentric Englishmen took to the waves on Wednesday to contest one of the world’s craziest sportingAFP - 592 words
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Advertisement75 2011-09-30 25 I '-/J iiiiiiiiii:: UWIMJT 1 V •*-< SULTAN LINK M HAM ED SULTAN ROAD 110 ■III w =5C t IIRllii •*U SI; 110 I -J < R L»"*L (Is 1-4 If AV NA. S?! J! m MEET J 1 -rr—V' LINK (THM) GROUP www.linkthm.com.sg BEST IN CLASS CBD AREA OFFICE75 words
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EDITORIAL & OPINION
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525 2011-09-30 26 EDITORIAL EVEN as the euro zone gets to grips with its long-brew-ing fiscal crisis, proposed new audit rules by the European Commission look set to shake things up for the Big Four firms, probably with ramifications, too, for business and industry outside Europe.525 words
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Article, Illustration806 2011-09-30 26 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group “WE are back in a danger zone,” says a top economist at the International Monetary Fund. Though an understatement, it captures the central paradox of this year's annual meeting of theThe Washington Post Writers Group - 806 words
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Article, Illustration1110 2011-09-30 26 ANTHONY ROWLEY - IMF committee helmed by Tharman vows to provide leadership in current financial crisis ANTHONY ROWLEY Tokyo Correspondent AN alien landing his spaceship at the International Monetary Fund (IMF) headquarters in Washington last week and asking delegates to the organisation’s annual meetingAP - 1,110 words
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Article, Illustration1718 2011-09-30 27 ANNE SIBERT - Lacking procedural transparency, the central bank has failed to be a model of openness in its financial stability role By ANNE SIBERT The author is professor and head of the school of economics, mathematics and statistics at Birkbeck College, London and a member of the MonetaryBLOOMBERG - 1,718 words
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Article, Illustration713 2011-09-30 27 G PANICKER - G PANICKER The writer was formerly with BT’s foreign desk OIL and geopolitics are joined at the hip. This year is amply showing up the connection again. Similarities to the mood of the 1970s are striking. Then, it were the Eurodollar crisis,REUTERS - 713 words
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SINGAPORE STOCKS
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Article7968 2011-09-30 28 Transaction date: Sep 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 12 8Telecom 12.5 10.6 15.5 7.8 4.9 2.6 59.9 9.5 4.5 A-Sonic 4.7 -0.3 19 4.7 4.6 4.7 5.57,968 words
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Article1490 2011-09-30 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 34 13.7 t 800 Super 15.4 14.1 14.8 4.7 3.6 6 27.5 5.5 3.7 t AA Grp 4 2.1 3.8 19 3.9 200 1041,490 words
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Article10096 2011-09-30 29 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.1/ APS Alpha Fund (USD)!** 0.85/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.58/ Aberdeen Asset Mgt Asia Limited American Opp 0.5915/ Asian Credit Fund10,096 words
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Article225 2011-09-30 29 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A44.5cd 37.5 45 3.6 7.9 3.6 115.9 53 29.5 Genting HK US$ US30 unch 8408 30.5 29.5 30 30.5 1975.4 20.5 10 OGL Resources225 words
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Article854 2011-09-30 29 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 108 ABF SG Bond ETF 119 +0.5 19 120 119 119 125 543.2 1261 856 CIMBAsean40 100US$ US914 26 914 895 913 925 36.6 350854 words
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FINANCE & COMMODITIES
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374 2011-09-30 30 In local curr In S$ In US$ dy yr dy yr dy yr Sep 28 Index Change Change Change Change Change Change World Index Preliminary 791.5 -0.2 -11.8 0.4 -10.8 -0.3 -11.2 EAFE Preliminary 661.8 -0.6 -17.4 0.0 -15.5 -0.8 -15.9 Europe Preliminary 968.0 -1.0374 words
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Article77 2011-09-30 30 CRUDE OIL PRODUCTS Sep 28 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 106.38 -0.23 WTI (Near Mth) 81.19 -3.08 Dubai (1-Mth F) 102.86 0.33 Tapis blend 116.61 0.43 Minas 109.61 0.43 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 100.44 0.88 Jet Kerosene 120.65 1.05 US$/barrel Opec Oil77 words
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Article107 2011-09-30 30 Sep 28 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 11 1223.50 1263.00 1261.25 1221.25 Jan 12 1235.50 1275.00 1273.00 1233.00 Mar 12 1243.75 1282.50 1280.75 1241.50 May 12 1249.75 1287.75 1285.25 1247.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Oct 11 51.55107 words
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Article79 2011-09-30 30 Sep 29 Sep 29 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 29.12.2011 0.22 0.20 0.20 1-Year BY*****X 02.05.2012 0.22 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.70 5-Year N*****0W 1.125 01.04.2016 102.6579 words
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Article454 2011-09-30 30 Sep 29 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec11 99.4950 0 3696 Mar12 99.4500 0 1825 Jun12 99.4550 0 1178 Sep12 99.4600 0 698 EUROYEN TIBOR FUTURES Dec11 99.6900 0 2382 Mar12 99.6900 0 2438 Jun12 99.6950 0 1470 Sep12 99.6925 0 411 Dec12 99.7550454 words
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Article178 2011-09-30 30 Sep 29 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Oct 11 414.0 405.0 409.0 60 276 Nov 11 414.0 408.0 410.0 37 297 Dec 11 405.0 405.0 411.0 10 499 Jan 12 397.0 397.0 411.3 10 274178 words
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Article70 2011-09-30 30 Sep 28 Sep Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2201.25 2211.50 3 months 2235.00 2245.00 Copper, Grade A (US$/tonne) Cash 7230.75 7578.50 3 months 7251.00 7594.00 Lead (US$/tonne) Cash 2029.00 2043.00 3 months 2009.00 2025.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash70 words
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Article82 2011-09-30 30 Sep 28 COCOA (£/tonne) Close Prev High/Low Dec 11 1730 1759 1748/1715 Mar 12 1760 1790 1773/1745 May 12 1778 1808 1789/1762 Jul 12 1794 1823 1804/1779 COFFEE (US$/tonne) Close Prev High/Low Sep 11 1955 1956 1969/1954 Nov 11 1985 1986 2003/1962 Jan 12 2019 2020 2036/1998 Mar 1282 words
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2247 2011-09-30 30 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 1 0.1 100 1 150 45 104.00 32 ASJ Hldgs W*****1 0.5 1 4 32 6.80 5 AlliedTech W*****2 1.7 1 4 26 Aztech Grp W*****3 0.6 12,247 words
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Article463 2011-09-30 30 Sep 29 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.014 6.307 0.722 7.682 48.208 88.126 0.754 11.552 3.141 1.261 86.189 43.008 1.273 7.732 0.881 29.989 30.760 0.629 0.986 Canada 0.986 6.221463 words
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Article82 2011-09-30 30 Sep 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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths82 words
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Article138 2011-09-30 30 Sep 29 GOLD (US$/oz) Sep 28 Sep 27 Hong Kong 1659.00 1662.30 Sep 27 Sep 28 London 1654.49 1644.99 1655.50 1646.71 Source: Thomson Reuters CAST BAR Sep 29 (S$) Selling Buying Kilobar 72,890.54 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 163 68 5gm 464 340 10gm 828138 words
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Article57 2011-09-30 30 Sep 29 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 11 2903 2950 2966 2903 385 1778 Nov 11 2860 2915 2915 2860 3706 ***** Dec 11 2854 2898 2899 2850 ***** ***** Jan 12 2867 290357 words
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Article27 2011-09-30 30 Sep 29 Open High Sett STI Sep 2708 SIMSCI Sep 311.9 312.7 311.5 Taiwan Sep 253.9 257.4 256.4 Source: MF Global (S) Pte Ltd27 words
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Article156 2011-09-30 30 Sep 29 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2728 1.2737 0.9855 0.9860 Canadian dollar 1.2555 1.2562 0.9721 0.9725 Euro 1.7639 1.7645 1.3658 1.3659 NZ dollar 1.0092 1.0107 0.7814 0.7824 Sterling pound 2.0237 2.0248 1.5669 1.5674156 words
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Article121 2011-09-30 30 As at 9am Sep 29 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.291 1.23 Can dollar 1.279 1.23 Euro 1.791 1.723 Sterling pound 2.059 1.98 NZ dollar 1.03 0.981 US dollar 1.319 1.269 Local dollars to 100 units of foreign121 words
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Article154 2011-09-30 30 Sep 29 $S Offer Bid 0vernight 0.02 0.01 1-month 1/4 1/8 2-months 1/4 1/8 3-months 5/16 3/16 Overnight mode: 0.03 US$ 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 12154 words
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Article22 2011-09-30 30 Sep 29 S$ Bid Offer 1-month 1.2914 1.2918 2-months 1.2911 1.2916 3-months 1.2907 1.2912 6-months 1.2882 1.2890 Source: OCBC22 words
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Page 30 Advertisements
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Advertisement104 2011-09-30 30 SMX MARKET UPDATE As on 28 September 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS Gold DEC-11 1669.10 1632.70 1645.10 1652.6 Silver DEC-11 32.605 30.665 31.675 31.54 CURRENCY US Dollar-Jap Yen DEC-11 76.50 76.38 76.45 76.65 Euro-US Dollar DEC-11 1.3683 1.3536 1.3597 1.3648 Aust-US Dollar DEC-11 0.9835104 words
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Advertisement1113 2011-09-30 31 THE BUSINESS TIMES SHIPPING TIMES 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 Destination1,113 words
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Advertisement1382 2011-09-30 31 WAN HAI INTERNATIONAL PTE LTD UEN: *****4695M TEL: *****588 (14 LINES) FAX: *****163 PKL TEL: (03) *****588 FAX: (03) *****566 PEN TEL: (04) *****00 FAX: (04) *****99 JOH TEL: (07) *****23 FAX: (07) *****21 SUR TEL: (031) *****75 FAX: (031) *****14/*****05 JKT TEL: (021) *****88 FAX: (021) *****88 PLM TEL:1,382 words
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Advertisement850 2011-09-30 32 SHIPPING TIMES HDS LINES THE SHORTEST TRANSIT TO PERSIAN GULF ALSO ACCEPTING CONTAINERS FOR ALL OTHER PERSIAN GULF PORTS via JEBEL ALI MEDITERRANEAN NORTHERN EUROPE AMCL SPL Approx transit time ex-Singapore 8 D 9 D 14 D 8 D 10 D VESSEL VOY SIN PKG JEA BND BIK SIN PKG850 words
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Advertisement869 2011-09-30 32 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PKL KUC KK JKT SUR CSC TAI HAI 11A 40 122 07/10 11/10 EL MAR VICTORIA 28 60 08/10 10/10 MALAYSIA STAR 5 50 09/10 10/10 13/10 15/10 ENDEAVOR OAK 38 60 11/10 13/10 WHITE869 words
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Advertisement708 2011-09-30 32 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO: COLOMBO, COCHIN, NHAVA SHEVA, JEBEL ALI ALSO ACCEPTING CONTAINERS TO ALL NORTHERN AND WESTERN INDIAN ICD POINTS VESSEL VOY SIN PKL (N PORT) CMB (JCT2) NSA (NSICT) CMB(JCT2) SCI KOLKATA 025W 03 OCT 04 OCT 10 OCT 13 OCT MANHATTAN BR 130W 10 OCT708 words
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Advertisement118 2011-09-30 33 ANNUAL SALE STARTS TODAY! 30th Sep 8th Oct U y d 4 k > to* f; A Jf(0)/V 7/ //J 0 *h\ > *v •2i A Over 200 Collectible Labels With Discounts Of Up To 40°/ Bordeaux Gheval Blanc, Haut Brion, Latour, La Mission Haut Brion, Mouton Rothschild, Petrus, Pontet118 words
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executive lifestyle
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WINE
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Article, Illustration1243 2011-09-30 33 N K YONG - Inexpensive Third Growth wine Langoa Barton can even outpace more costly vintages, writes N K YONG writes N K YONG N K YONG MUCH of the talk today in print as well as in the market tends to concentrate on iconic wines. How exorbitant the prices1,243 words
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ARTS
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Article, Illustration694 2011-09-30 34 NATALIE KOH - By NATALIE KOH HOW gambling addiction works is that it sucks you in so silently and in such a deadly way that you don’t even realise you’ve been hit until it’s too late. In Pangdemonium! Productions’ latest show, Dealer’s Choice, you have six men,PHOTOS: PANGDEMONIUM! PRODUCTIONS - 694 words
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Article, Illustration872 2011-09-30 34 CHEAH UI-HOON - One of the leading lights of contemporary dance, Hofesh Shechter, melds prog-rock with a raw physicality in his dance feature, Political Mother previews CHEAH UI-HOON CHEAH UI-HOON POLITICAL Mother, the first full-length dance work of one of Britain’s brightest stars in contemporary dance, Hofesh Shechter, is part872 words
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AROUNDTOWN
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Article, Illustration242 2011-09-30 34 CULTURAL MEDALLION recipient, Chng Seok Tin, might have lost most of her eyesight in 1998, but that never hindered her prolificacy. Born in 1946, the Nanyang Academy of Fine Arts (Nafa) alumna is exhibiting her works spanning from 1966 to 2011. The exhibition, titled Uncommon Wisdom, will feature242 words
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Article176 2011-09-30 34 NATALIE KOH - Compiled by NATALIE KOH Featuring the debut of two young choreographers, Sufri Juwahir and Sheriden Newman, together with renowned contemporary Indo- nesian dancer and choreographer, Eko Supriyanto, CReations 2011 Exploring Space, Time Memories is Maya Dance Theatre’s latest brainchild. This inaugural annual dance series aims176 words
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Article129 2011-09-30 34 After spending eight years in Taiwan, local artist Jahan Loh is celebrating his return with Cherry Poke: Reconstituted Philosophies, a pop art exhibition at MAD Museum of Art Design. And with his experiences, he is bringing along a social commentary on the culture of consumption.129 words
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Article163 2011-09-30 34 We all know the story of Sleeping Beauty. A young princess set to a deep sleep, awaiting her Prince Charming to break the magic spell. But in this version, by Canadian theatre company, DuffleBag Theatre, as presented by ACT 3 International, every performance will be163 words
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Article, Illustration670 2011-09-30 35 CHEAH UI-HOON - By CHEAH UI-HOON JUST as ancient stories can be brought to life again in film, so can paintings. In this case, a Sung dynasty scroll in Chinese ink and silk that’s more than a century old. The Qingming Shanghe Tu is one of the mostSHANGHAI CRYSTAL DIGITAL TECHNOLOGY CO, LTD - 670 words
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Article, Illustration586 2011-09-30 35 NATALIE KOH - The heat is on as local artists pit their works against regional peers for glory, reports NATALIE KOH reports NATALIE KOH THE long wait is over for the 15 finalists for the Asia Pacific Breweries (APB) Foundation Signature Art Prize who can now concentrate on586 words
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ENTERTAINMENT/BOOKS
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Article, Illustration658 2011-09-30 36 MIKE COLLETT - BOOKS By MIKE COLLETT Reuters BLOOMSBURY PUBLISHING, home to the Harry Potter books in Britain, launched its first purely digital imprint on Wednesday which it said would bring out-of-print titles “back from the dead”. Bloomsbury Reader has signed up a string of authorsReuters - 658 words
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Article, Illustration925 2011-09-30 36 CHRISTOPHER LIM - Jeremy Monteiro’s Asian Jazz All-Stars Power Quartet pulled no punches, writes CHRISTOPHER LIM writes CHRISTOPHER LIM NO matter how good your home hi-fi system is, there’s no substitute for hearing a gig live, especially when it comes to jazz and the feeling of being part925 words
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Article, Illustration530 2011-09-30 36 CHRISTOPHER LIM - DVD+CD REVIEW By CHRISTOPHER LIM Videos of classical music concert hall gigs are interesting in terms of performers’ body language, but even the most diehard fan has to admit that there isn’t a lot of visual variety. Outdoor performances are another matter entirely, especially when530 words
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Article, Illustration687 2011-09-30 36 CHRISTOPHER LIM - GAMING PREVIEW By CHRISTOPHER LIM AMONG fantasy action role-playing games (RPGs), there’s a hallowed sub-genre called hack-and-slash, where the main emphasis is on slaughtering as many monsters as possible with blade, fist, sorcery or cunning at the expense of plot and plausibility, if need687 words
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CINEMA
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Article, Illustration632 2011-09-30 37 DYLAN TAN - In his 100th film, Hong Kong’s most celebrated gongfu star Jackie Chan swaps chopsocky for acting chops, reviews DYLAN TAN reviews DYLAN TAN OF LATE, Mainland Chinese filmmakers have had quite a bit of success turning the country’s history into mainstream entertainment. Two films 2008’s The Founding of632 words
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Article, Illustration619 2011-09-30 37 DYLAN TAN - By DYLAN TAN THE curtains may have fallen on the Singapore International Film Festival (Siff) for another year but arthouse movie buffs still have plenty to look forward to. The Singapore Art Museum’s (SAM) Artist Films series, which has previously featured works by619 words
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Article, Illustration505 2011-09-30 37 DYLAN TAN - By DYLAN TAN TWO new sci-fi films prove that the genre doesn’t always require big bucks to make, though the results are a little mixed. Attack The Block is a British alien invasion flick so low-budget the extra terrestrials are nothing more than black shadowsPHOTOS: WEINSTEIN CO, SCREEN GEMS - 505 words
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Article, Illustration583 2011-09-30 37 GEOFFREY EU - By GEOFFREY EU HE’S emotionally unavailable and she’s emotionally damaged, but they are good friends in search of sex with no strings attached. Friends with benefits is the arrangement and also the name of a film that provides a fairly unrealistic yet reasonably satisfying view of what happens583 words
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Article669 2011-09-30 38 Jaime Ee - OFFTHE CUFF Jaime Ee IN the jungle, the mighty jungle, the lion is not sleeping tonight. In fact, he looks highly perturbed, largely due to the fact that his neighbours a golden jackal, striped hyena and a sloth bear are raising a ruckus in the669 words
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Article, Illustration1739 2011-09-30 38 NATALIE KOH - New York Salsa, Brazilian Zouk, Tango Nuevo you name it, there’s a trend just for you, but cityslickers here are drawn to dance studios not to flaunt fancy footwork but for a fitness-oriented regimen that is also fun and hip, reports NATALIE KOH reports NATALIE KOH DANCE TrendsPHOTOS: GROOVE DANCE SCHOOL, VIBEZ VIBEZ DANCE & FITNESS STUDIO, MOSAIC DANCE - 1,739 words
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Page 34 Miscellaneous
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Miscellaneous290 2011-09-30 34 CRYPTIC CROSSWORD Across 3 Penny and one pioneer left out to find leader (4-6) 8 Author’s alternative source (6) 9 Balloonist crashing near auto (8) 10 Officer Charlie meets a new islander (8) 11 With crunch, credit’s a guessing game (6) 12 Well banged up, or fine? (2,4,4) 14 Similar290 words
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Advertisement77 2011-09-30 35 LES AMIS DU CREDIT SUISSE saw C- i—i 1 I k jSL r =^i > j I "A /-S artr useurr rna -ihiiifJtl4 -"-■A■•■■;,. __.Vi mmMmm IBy V T-V «,asiai« V- -'C '-VI w." $5 B&WSI ;'i-;'«V w.? l a,- "v ifc War. J SgilsS&V rWl *-'■a?; v" J iv'i77 words
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Page 38 Advertisements
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Advertisement7 2011-09-30 38 ARTS China’s moving masterpiece, literally PAGE 357 words
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