The Business Times, 4 October 2011
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2011-10-04
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The Business Times
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Title Section23 2011-10-04 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Tuesday, October 4,23 words
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Article, Illustration743 2011-10-04 1 VEN SREENIVASAN - By VEN SREENIVASAN [SINGAPORE] When it rains, it pours. At least, that’s the way the folks at Tiger Airways must feel as the airline now grapples with two new issues, just weeks after it resumed flying in Australia. The budget carrier has been queriedAFP - 743 words
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Article140 2011-10-04 1 HST INDEX 2,621.40 (-53.76) HST INDEX FUTURES 2,619 (-54) HSIMSCI 301.61 (-6.60) HSIMSCI FUTURES 300.50 (-6.50) FOREX US$ S$ US$ (S$ per US$) 1.310 (US$/S$ per 1.555 2.037 EURO (US$/S$/E) 1.336 1.750 Foreign currency per US$ S$ YEN 76.90 58.70 RM 3.206 2.447 HK$ 7.788 5.944 BAHT 31.27140 words
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719 2011-10-04 1 MICHELLE QUAH - S’pore looking at deferred prosecution agreements to get defendants to cooperate By MICHELLE QUAH [SINGAPORE] Singapore is considering the use of deferred prosecution agreements, in which a prosecutor does a deal with the defendant in exchange for his cooperation. Perhaps one of the719 words
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Advertisement38 2011-10-04 1 PROPERTY Nine units sold in Hijauan on Cavenagh PAGE 32 Inc Green at the heart of business I PAGE 14 An energetic ride on road to success I PAGE 15 Taking a path less travelled I PAGE 1638 words
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Advertisement28 2011-10-04 1 EQUITIES Messy default may hit indices 10-15% PAGE 4 S’PORE EXPERIENCE AWARDS Living in a material world Suntec banks on track record I PAGE 17 8 '*****1 *****428 words
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Advertisement51 2011-10-04 1 COMMENTARY China’s landing: Soft, not hard PAGE 23 M’SIA NEWS Setback in govt push to develop Kg Baru PAGE 18 X X" c 32 -v. "W23 X-v ?*< > 5? •c A 4 HH Depuis 1775 www.breguet.com BREGUET BOUTIQUE B1 -119 THE SHOPPES AT MARINA BAY SANDS 2 BAYFRONT AVENUE51 words
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TOP STORIES
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Article, Illustration868 2011-10-04 2 KALPANA RASHIWALA - Property analysts say this reflects substantial latent demand By KALPANA RASHIWALA [SINGAPORE] Prices of HDB resale flats and mass-market private condos climbed smartly in the third quarter, the latest official flash estimates show. This reflects substantial latent demand, say property analysts. “The increaseSources: HDB, URA - 868 words
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Article568 2011-10-04 2 Prosecutors may do deals to seal justice SINGAPORE is considering the use of deferred prosecution agreements, in which a prosecutor does a deal with the defendant in exchange for his cooperation. “The Crime Cluster of the Attorney-General’s Chambers is carrying out preliminary studies, and will be consulting its568 words
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630 2011-10-04 3 RONNIE LIM - Govt says fire had broken out during preparation work for maintenance By RONNIE LIM [SINGAPORE] Shell does not expect to restart any of its Bukom units shut down following a major fire until a thorough investigation has been done and it630 words
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457 2011-10-04 3 CONRAD TAN - By CONRAD TAN [SINGAPORE] The shutdown of the Shell refinery on Pulau Bukom will put further pressure on the Singapore economy but its impact is likely to be limited, analysts said yesterday. A rough estimate puts the direct impact at no more than 0.2457 words
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Article, Illustration1079 2011-10-04 3 FELDA CHAY - By FELDA CHAY [SINGAPORE] Never mind what the critics say. The Singapore Mercantile Exchange (SMX) believes that it can become a major commodities bourse, and has the ambitious target of being the exchange traded benchmark for gold in South-east Asia. In an interview with1,079 words
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Article, Illustration530 2011-10-04 3 MINDY TAN - By MINDY TAN [SINGAPORE] Singapore will soon be home to the world’s first ever Hermes apartment, now that a collaboration between the French luxury house and SC Global Developments has been sealed. SC Global, a leading luxury residential property developer announced today that530 words
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Advertisement115 2011-10-04 2 m ss N 5? £L B V LGA R I > N <>> Gerald Genta B V LO A R I o <2 o r sm& xN ss o G v A R co o 22S C Z&M<17</9 <P/ o o <2? <>> i»v:v 'N v--> <o ro R CD115 words
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Advertisement172 2011-10-04 3 WA i IKHKS HID BlK 3»H!SK "> ll IgKSSl I 9 v N> SV la 0 s *2sJ? m+\< World's Finest Serviced Offices A cost effective Serviced Office solution Best address, best receptionist, best IT and support Flexible lease terms starting from one month For less than the cost of172 words
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COMPANY NEWS
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Article, Illustration394 2011-10-04 4 CONRAD TAN - UBS advising clients to avoid equities until an end to EU debt crisis is in sight By CONRAD TAN EQUITY indices worldwide could fall by another 10 to 15 per cent if Greece goes through a messy default in the coming weeks,394 words
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Article102 2011-10-04 4 Reuters [SINGAPORE] Keppel Corp, the world’s largest rig-build-er, has secured an order worth US$199 million to build a high-specification jackup rig from Safin Gulf, the company said yesterday. The rig is scheduled to be delivered in the third quarter of 2012 to the unit of privatelyReuters - 102 words
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471 2011-10-04 4 JAMIE LEE - Share purchases by majority owners among reasons cited By JAMIE LEE KIM Eng Research has sieved out seven potential privatisation candidates amid the latest market selldown, citing reasons such as share purchases by majority shareholders and deep valuations. These targets471 words
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577 2011-10-04 4 JAMIE LEE - Their biggest worry is the lack of attractive M&A targets: poll By JAMIE LEE FINANCIAL institutions in Singapore have got the money but less of a will to pursue mergers and acquisitions, a regional survey by PricewaterhouseCoopers (PwC) showed. This comes577 words
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Article, Illustration557 2011-10-04 6 VEN SREENIVASAN - Manganese giant developing mine in S Africa, smelting projects in M’sia By VEN SREENIVASAN SYDNEY-LISTED manganese mining giant OM Holdings (OMH) has appointed former Singapore member of parliament Zainul Abidin Rasheed as its deputy chairman. In a filing to the Australian Stock557 words
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278 2011-10-04 6 Reuters [BANGKOK] The Stock Exchange of Thailand (SET) will delay its planned demutualisation in line with government policy, while a plan to liberalise the brokerage sector is likely to be delayed, senior officials said yesterday. SET president Charamporn Jotikasthira said that the government would set upReuters - 278 words
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199 2011-10-04 6 Bloomberg [SINGAPORE] Fitness First Ltd, a gym operator owned by London-based private equity firm BC Partners Ltd, delayed an initial public offering in Singapore, said three people with knowledge of the matter. The UK fitness club chain, which had planned to list by theBloomberg - 199 words
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371 2011-10-04 6 Reu ters [SINGAPORE] DBS, South-east Asia’s largest lender, said yesterday that its wealth management arm has attracted inflows from rich clients in the recent global markets sell-off, drawn by its reputation as one of Asia’s safest banks. “When times are bad,Reuters - 371 words
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360 2011-10-04 11 JOYCE HOOI - There is the possibility that no transaction may materialise: SATS By JOYCE HOOI SATS clarified news reports about the sale of its British food brand unit the Daniels Group last Friday, after market close, stressing that ongoing discussions “are presently at360 words
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361 2011-10-04 11 YEO AIQI - They are among nine to be built by Huanghai Shipyard By YEO AIQI AVIC International Investments, the company which recently acquired the Singapore listing status of SinoEnvironment following a scheme of arrangement, announced yesterday the suspension of the construction of two vessels that come361 words
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Article, Illustration419 2011-10-04 11 FELDA CHAY - By FELDA CHAY STAMFORD Land Corp has signed a non-binding memorandum of understanding (MOU) for the sale of three hotel properties in Australia for an indicative sale consideration of A$316 million (S$398.6 million) more than double their mid-2011 combined net book419 words
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COMPANY BRIEFS
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50 2011-10-04 11 NERA Telecommunications has received purchase orders worth $7.4 million from a global telecom operator for the maintenance of IP Network Equipment. The orders are not expected to have a significant impact on the performance of the group for the current financial year, said Nera.50 words
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72 2011-10-04 11 COURAGE Marine Group said that a subsidiary has agreed to sell a handymax vessel for about US$5.25 million in cash to Milliford DG Corporation (MDGC), a scrapyard operator. As at Sept 30, 2011, the 48,000-dwt vessel, MV Zorina, has a net asset value72 words
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175 2011-10-04 11 ASCENDAS Reit (A-Reit) has bought Ascendas Z-Link, a business park property in Zhongguancun Software Park, its maiden purchase in Beijing. Under the deal, A-Reit will buy all the shares in Ascendas ZPark (Singapore) Pte Ltd (AZS) from Ascendas China Industrial and Business Parks Fund for175 words
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Article74 2011-10-04 11 PEC Ltd has signed a $45 million contract with JGC Corporation under which PEC will provide steel structure erection, piping, as well as electrical and instrumentation works, for a refinery in Singapore for an oil major. Including the latest deal, PEC’s book order has74 words
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Advertisement262 2011-10-04 4 Phillip Futures Providing the Right Platform for J\ Your Individual Trading Styles Explore our full range of trading platforms and discover how you can optimise your trading. Trade with Phillip Futures. jf OEMS.FUTURES.Fx PROFESSIONAL] "k/' FX365 FX TRADES' Attend our FREE seminars and equip yourself with relevant and timely market262 words
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Advertisement160 2011-10-04 4 UCLA SBNUS t/msL/ National University National University of Singapore UCLA NUS EXECUTIVE MBA This busy Director travels extensively yet is able to achieve Two World-Class MBAs in 15 Months. w i>i J* If J Danny Thien Class of 2012 Director, Solutions Consulting Utopia Inc, Singapore One-of-a-Kind Format 6 sessions 2160 words
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Advertisement57 2011-10-04 5 GENEVE Begin your own tradition. V 8 X K A V V wi^b r j,. cf*» 1 1 -i V V n k j v r 4 l a JiT i o You never actually own a Patek Philippe. You merely look after it for the next generation patek.com Tel:57 words
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Advertisement301 2011-10-04 6 TV mm Organised by Presented by THE BUSINESS TIMES Julius Bar Bank Julius Baer presents The Business Times Investment Dialogue 2011 Global Macro Currents In Uncertain Times: An Investor's Perspective Friday, October 21,2011 12pm to 4pm Four Seasons Ballroom (Level 2) Four Seasons Hotel Singapore $150 per participant (Inclusive of301 words
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Advertisement6 2011-10-04 7 THERE'S ANEW STAR RISING IN LONDON6 words
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SINGAPORE MARKETS
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Article, Illustration619 2011-10-04 8 R SIVANITHY - This is compounded by signs of a stalling US economy; ST Index slides over 2 per cent STOCKS R SIVANITHY Senior Correspondent THE fourth quarter kicked off on a sour note yesterday as stocks picked up where they left off at the endSource: Bloomberg - 619 words
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Article63 2011-10-04 8 Oct 3 VALUE CLOSE BT OB/OS -1180.00-127.00 BT CADI -*****.00-323.00 BT 10-day MA -*****.00-118.00 FTSE ST Mid Cap 580.55 -16.80 FTSE ST Small Cap 398.98 -13.49 FTSE ST All Share 629.50 -14.24 FTSE ST China Top 177.16 -7.08 FTSE ST China 216.33 -5.85 FTSE ST Catalist 775.6263 words
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Article186 2011-10-04 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 13 0 0 0 0 2 13 0 Manufacturing 13 102 31 2 9 7 15 111 38 Commerce 5 41 8 1 4 2 6 45 10 Tpt/Stor/Comms 8 24 8186 words
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BROKERS’ TAKE
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Article502 2011-10-04 8 DMG Partners Securities, Oct 3 WITH the potential advent of another “Lehman-like” crisis, there is a possibility for the Singapore office sector as a derived demand of the open Singapore economy to be affected by recent economic developments in the United States and Europe. After the strong502 words
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Article, Illustration321 2011-10-04 8 CONRAD TAN - Compiled by CONRAD TAN Oct 3 close: $1.28 DBS Group Research, Oct 3 DURING the 2008/09 downturn, Noble Group’s 2009 core earnings fell by 26 per cent y-o-y due to the drop in commodity prices and freight rates, whereas volumes grew by 27 per cent. Assuming a replaySource: Bloomberg - 321 words
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Article131 2011-10-04 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 quarter131 words
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Article121 2011-10-04 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 33,553 33,553 136,960 136,960 Manufacturing 156,171 19,318 175,489 179,287 219 179,506 Commerce 153,733 889 154,622 167,909 112 168,021 Tpt/Stor/Comms 158,460 1,281 159,741 211,538 168 211,706 Finance 22,888 1,192 24,080 193,690 235 193,925 Construction 31,676 3,415121 words
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Article111 2011-10-04 8 Stock name Close Change CapMallsAsia 1.220 CapitaLand 2.420 -0.050 CapitaMall 1.805 -0.025 CityDev 9.200 -0.390 ComfortDelGro 1.340 +0.030 DBS Grp 11.560 -0.280 F&N 5.730 -0.060 GLP 1.645 -0.010 Genting SP 1.480 -0.060 Golden Agri 0.590 -0.025 HK Land 4.480 JMH 44.100 -1.800 JSH 24.940 -1.370 Jardine111 words
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Article, Illustration480 2011-10-04 8 CURRENCIES Reuters [NEW YORK] The euro fell to an 8-1/2 month low against the US dollar yesterday, and a decade low versus the yen, as mounting concerns of a Greek default deepened investor concern about the eurozone’s banking sector. With Europe still deeply dividedReuters; REUTERS - 480 words
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Article59 2011-10-04 8 VOLUME Golden Agri 183,040,000 Genting SP 135,742,000 Noble Grp 52,011,000 MDR 50,103,000 NexGenSCom 38,712,000 SingTel 27,911,000 HPH Trust US$ 27,492,000 STXOSV 24,641,000 Yangzijiang 23,997,000 *Genting HK US$ 23,895,000 VALUE($) Genting SP 202,136,785 Golden Agri 110,146,695 Keppel Corp 102,248,608 SingTel 88,117,222 DBS Grp 70,375,400 Noble Grp 67,276,850 SembMar59 words
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Article103 2011-10-04 8 BY CENTS CLOSE UP GLD 10US$ ***** 288.1 1.4 DBXT S&P Short 10US$ 4769 149.3 2.4 OCBC Bk 5.1%NCPS 100 ***** 8.0 0.1 Isetan 322 7.0 2.2 Khong Guan 148 7.0 5.0 STI 2850BPePW*****9 56 6.5 13.1 DutyFree 22.5 5.5 32.4 NSL 131 5.0 4.0 STI 2750BPePW*****9 50 5.0103 words
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Article114 2011-10-04 8 BY CENTS CLOSE DOWN Lyxor AsiaMT 10US$ 4763 -1075 -14.7 IS S&P500 *****-420.4 -2.8 Jardine C&C 3850-348.0 -8.3 DBXT MSEurope 10US$ 3676-242.3 -4.8 DBXT Nifty 10US$ *****-238.4 -1.8 JMH 4410-235.7 -3.9 DBXT MSKorea 10US$ 4609-208.2 -3.3 DBXT SPASX200 10US$ 2768-195.1 -5.1 JSH 2494-179.4 -5.2 DBXT FTChina25 10US$ 2230-163.7 -5.3114 words
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Advertisement253 2011-10-04 9 a C halo AND IT SHINES 43 FLOORS HIGH With a central 43 floor residential tower rising high above the London skyline, Stratford Halo is a landmark development of one, two and three bedroom apartments overlooking the 2012 Olympic Park and Stadium. Due for completion in 2013, apartments in the253 words
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Advertisement229 2011-10-04 10 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. 4 STEPS TO QUICK ACCESS: A -M Z /A V Wa V 1 Visit www.stsubscribe.com:229 words
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Advertisement573 2011-10-04 11 WATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF U-CLASSIC PTE. LTD. (Company No *****4968G) (In Creditors' Voluntary Liquidation) TAKE NOTICE that a meeting of the creditors in the above-named company will, in pursuance of Section 296 of the above Act, be held573 words
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Advertisement216 2011-10-04 11 Charities Accounting Standard: Its applications considerations 11 November 2011 Seminar Highlights The Singapore Accounting Standards Council and the Office of the Commissioner of Charities (COC) issued the Charities Accounting Standard (CAS) on 18 July 2011. It is specifically tailored to meet the needs and environment of the charity sector in216 words
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Advertisement176 2011-10-04 11 11 Latin Asia Business Forum 2011 Latin Asia Business Forum 2011 Fostering Trade and Investment between Asia and Latin America 5 October 2011 Grand Hyatt, Singapore Welcoming the following thought leaders from Asia and Latin America to Singapore: Lim Hng Kiang, Minister of Trade Industry, Singapore Dr Matias Mori Arellano,176 words
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SINGAPORE NEWS
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628 2011-10-04 12 LEE U-WEN - Up to 500 older Marine Parade flats to be retrofitted By LEE U-WEN THE results of a major pilot study involving the elderly in Marine Parade are in and the findings are already spurring policymakers to act quickly in coming up with solutions628 words
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610 2011-10-04 12 CHUANG PECK MING - Study shows only 39% did it last year; in S’pore, it’s 1 in 3 By CHUANG PECK MING HAVING trouble clearing your leave? You’re not alone. Just two in five, or 39 per cent, of the 8,980 professionals polled recently in 19 countries could manage610 words
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361 2011-10-04 12 UMA SHANKARI - Bumper Sept supply of more than 8,200 flats helping to meet needs of first-time buyers By UMA SHANKARI THE Housing Development Board (HDB) is “making good progress” in meeting the housing needs of first-time flat buyers, National Development Minister Khaw Boon Wan said yesterday.361 words
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Article, Illustration298 2011-10-04 12 THE inaugural Community Champion Award by tabla! was yesterday given to an unsung hero of dyslexics, founder and president of the Dyslexia Association of Singapore Jimmy S Daruwalla. The award, which was given as part of the newspaper’s third anniversary, recognises individuals in the IndianRAJ NADARAJAN/THE STRAITS TIMES - 298 words
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Article508 2011-10-04 12 Move could push up COE premiums, lead to jump in car prices THE government is looking to cut vehicle growth in Singapore, a move that observers say could push up Certificate of Entitlement (COE) premiums and lead already high car prices to jump even508 words
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136 2011-10-04 12 SOME changes will take place at the top echelons of the Civil Service from Nov 1, involving permanent secretaries Benny Lim, Tan Tee How and Peter Ong. Mr Lim, 55, currently permanent secretary at the Ministry of Home Affairs and the Prime Minister’s Office,136 words
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220 2011-10-04 12 DOLLY CHIA - By DOLLY CHIA THE administrative fees for most work passes in Singapore will be increased from Dec 1, announced the Ministry of Manpower yesterday. The application fees for employment pass, S pass, and work permits will be increased from $10 to $20.220 words
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SINGAPORE ROUNDUP
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76 2011-10-04 12 THE Green Vehicle Rebate (GVR) scheme for new compressed natural gas (CNG) vehicles and bi-fuel vehicles will be extended for another year to Dec 31, 2012. Under the GVR scheme, new CNG and bi-fuel vehicles are eligible for rebate that is 40 per76 words
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66 2011-10-04 12 HITACHI Plant Technologies has acquired 75 per cent of Lightning Eliminators and Consultants Asia (LEC), making it a subsidiary and changing its commercial name to Hitachi Critical Facilities Protection Private Limited. It plans to accelerate the global expansion of the company in the66 words
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Advertisement13 2011-10-04 12 «*>• pM 8 @n6®@3S§) BBfiHItiljljliSiai) ✓ey Estate iso8o T t 68oo.ask" $j2s':8M s..,r Ifjssse&sgzi13 words
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Advertisement38 2011-10-04 12 SOREMUSCLES? SLEEP ON WATER! Due to a lack of pressure points, a waterbed gives relief to sore muscles by restoring healthy blood circulation. FANTASY WATERBEDS SLEEP CENTRE #01-15/16 The Furniture Mall (The Plaza) 7500D Beach Road Tel: 6469-138138 words
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Advertisement283 2011-10-04 13 This is no season to shy away from the limelight, because bold and brazen fashion coming your way from Paragon will simply lure into the spotlight. Citi Paragon Platinu erd Exclusive Shoppers will receive $30 Paragon shopping vouchers with a minimum of $400 1 charged in a single receipt to283 words
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SME Inc
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Article, Illustration972 2011-10-04 14 MINDY TAN - Rigel Technology, a green restroom provider, bases its business model on improving environmental sustainability, reports MINDY TAN WHILEsomecompaniestag on green initiatives as part of their corporate social responsibility spiel, Rigel Technology, a green restroom provider, not only bases its business model on it, the972 words
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Article1091 2011-10-04 14 JACKY TAI - Brand the beacon of a business It’s what gives direction to your innovation and marketing, two things that produce results COMMENTARY By JACKY TAI The writer is a principal consultant at brand strategy specialist StrategiCom (www.strategicom.com). He has authored four branding books, ‘Transforming Your Business Into A Brand’ (2007), ‘Killer1,091 words
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Article, Illustration720 2011-10-04 15 VICTOR KATHEYAS - Belt-driven bicycle maker says it has the right people, contacts and products to thrive in the future, reports VICTOR KATHEYAS BELT-DRIVEN bicycles may not be familiar to many, but The Urban Bike hopes to change that. The new company, which was registered justYEN MENG JIIN - 720 words
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Article474 2011-10-04 15 ASK NUS PROFS Q: Are induction programmes necessary for new employees or should they just be given on-the-job training? Some of our new staff tell me that their supervisors seem unwilling to let them go for induction programmes because it means the staff members474 words
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Article, Illustration1390 2011-10-04 16 CHEONG QIN XUE, LIM DAO CHANG, YUAN YE - Rather than challenge rivals head-on, Kwong Soon has carved a niche for itself in the shiprepair sector, write CHEONG QIN XUE, LIM DAO CHANG YUAN YE The writers are students ofNUS Business School AS a child, George Ching was made to tag along with hisYEN MENG JIIN - 1,390 words
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Article, Illustration998 2011-10-04 16 NEIL FOO, TAN WEI LIN, NICHOLAS YIP - By NEIL FOO, TAN WEI LIN, NICHOLAS YIP The writers are students of NUS Business School SINCE its inception as a small trading company in 1986, IPS has grown from strength to strength into a diverse group of companies, which manufactures, distributes, installs and commissionsYEN MENG JIIN - 998 words
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Advertisement1135 2011-10-04 14 MATS c-J 1 NOTICES BUY IT- SELL IT- FIND IT 4E03&& TIONG WOON CORPORATION HOLDING LTD Company Registration No.: *****5837C (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 No.15 Pandan Crescent,1,135 words
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Advertisement164 2011-10-04 15 HSBC is honoured to be Singapore's best business internet bank. To celebrate, we are giving 8 pips* off FX rates on HSBC Business Internet Banking. In recognition of our success in receiving the Global Finance award for Best Corporate Institutional Internet Bank in Singapore 2011, HSBC is pleased to offer164 words
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Advertisement455 2011-10-04 16 MATS 3 NOTICES SINO-ENVIRONMENT TECHNOLOGY GROUP LIMITED (Under Judicial Management) (Incorporated in the Republic of Singapore on 2 October 2001) Company Registration Number *****6480Z THE SCHEME OF COMPROMISE AND ARRANGEMENT BETWEEN SINO-ENVIRONMENT TECHNOLOGY GROUP LIMITED (THE "COMPANY") AND ITS SHAREHOLDERS AND CREDITORS DATED 10 AUGUST 2011 (THE "SCHEME") To the455 words
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SINGAPORE EXPERIENCE AWARDS
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Article, Illustration969 2011-10-04 17 NISHA RAMCHANDANI - ICMAT, organised by the Materials Research Society of Singapore, is growing by leaps and bounds, reports NISHA RAMCHANDANI PROVIDING new entrants to the meetings, incentive travel, conventions, and exhibitions (MICE) sector with the necessary support could help to fuel the growth of the industry, according969 words
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Article, Illustration478 2011-10-04 17 NISHA RAMCHANDANI - By NISHA RAMCHANDANI WITH Singapore’s tourism industry having racked up strong growth in the first six months of this year, venue Suntec Singapore International Convention Exhibition Centre sees this trend continuing into the second half of the year. “We are upbeat about the growth478 words
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Article, Illustration470 2011-10-04 17 NISHA RAMCHANDANI - By NISHA RAMCHANDANI TRAVEL companies in the US and Europe looking to grow their business are turning their gaze eastwards as Western markets struggle with a sluggish economic environment. “Interest in the Asia-Pa-cific travel market is strong, given that this is the region of470 words
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Advertisement149 2011-10-04 17 This is the first of a 5-part series brought to you by the Singapore Tourism Board As the most prestigious awards platform in Singapore’s tourism industry, Singapore Experience Award recipients individuals and organisations from sectors encompassing Attractions, Business Travel and MICE, Dining, Education, Entertainment, Healthcare, Hospitality and Retail are judged149 words
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MALAYSIA/INDONESIA
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Article, Illustration544 2011-10-04 18 PAULINE NG - Clause on land acquisition powers removed under amended Bill By PAULINE NG in Kuala Lumpur A PROPOSED Bill to help unlock the value of Kuala Lumpur’s oldest Malay settlement was withdrawn and a “new and improved version” tabled in its place yesterday544 words
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591 2011-10-04 18 Reuters [JAKARTA] Indonesia’s inflation slowed in September as food prices eased after the Muslim festive season, but policymakers are walking a tightrope as they try to balance their desire to cut interest rates against pressures to stabilise financial markets. Complicating theReuters - 591 words
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Advertisement1959 2011-10-04 18 LASSETERS INTERNATIONAL HOLDINGS LIMITED Company Registration No: *****2223M (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Eighth Annual General Meeting of Lasseters International Holdings Limited will be held at Camellia Room, Level 3, Grand Hyatt Singapore, 10 Scotts Road, Singapore *****11,959 words
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Advertisement1089 2011-10-04 18 r^^VB|^HBBBIB|HHj^B^m^^^^B w CH OFFSHORE LTD (Incorporated in the Republic of Singapore) (Co. Reg. No. *****0666D) Notice Of Annual General Meeting NOTICE IS HEREBY GIVEN that the Thirty-Fifth ANNUAL GENERAL MEETING of the Company will be held at The Board Room, 390 Jalan Ahmad Ibrahim, Singapore *****5 on October 20, 20111,089 words
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GREATER CHINA/INDIA
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Article, Illustration532 2011-10-04 19 18 months of rate hikes, weakening global conditions take their toll Reuters [BANGALORE] Indian manufacturing growth nearly stalled in September, turning in its weakest showing since March 2009 on slowing output and order growth as a year-and-a-half of interest rate increases and weakeningReuters; AFP - 532 words
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359 2011-10-04 19 Reuters [NEW DELHI] India is considering opening fully its single-brand retail sector to foreign direct investments, the industry secretary said yesterday, a possible boon to the government’s reform programme which has appeared on the backburner. India currently allows 51 per centReuters - 359 words
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379 2011-10-04 19 YONNEX LI - By YONNEX LI EJ Insight [HONG KONG] Companies raised 27 per cent less in Hong Kong’s equity capital markets in the first nine months compared to a year ago as fiscal crises in the developed world sparked market turbulence and stifled stock issues,EJ Insight - 379 words
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Advertisement33 2011-10-04 19 For us, private banking means gaining trust by providing security. Also yours: +65 6532 5325 orwww.claridenleu.com Clariden Leu Ltd., Singapore Branch, Singapore Clariden' \V Leu SWISS PRIVATE BANKING SINCE 1755 Registration No. T05FC6718B-PTE-0133 words
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WORLD
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Article, Illustration528 2011-10-04 20 And it must be done now, before Italy and Spain get mired in a solvency crisis Bloomberg [DUBAI] Europe must raise the amount of funds it has earmarked to arrest its fiscal crisis and deploy a two trillion euro (S$3.5 trillion)Bloomberg; BLOOMBERG - 528 words
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299 2011-10-04 20 Bloomberg [LONDON] Chancellor of the Exchequer George Osborne will pledge to freeze local taxes for a second straight year as he seeks to show that Britain’s Conservative Party is ready to help voters struggling with falling living standards. Speaking yesterday to theBloomberg - 299 words
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330 2011-10-04 20 US bank may have failed to fully explain product risk Bloomberg [TOKYO] Citigroup Inc may be penalised by regulators in Japan for the third time since 2004 after its Japanese retail banking unit possibly breached rules by failing to fully explain product riskBloomberg - 330 words
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272 2011-10-04 20 Bloomberg [WASHINGTON] The Federal Reserve Bank of New York may ask foreign lenders for more detailed daily reports on liquidity as the United States steps up monitoring of risks from Europe’s sovereign debt crisis, according to two people with knowledge ofBloomberg - 272 words
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Article, Illustration581 2011-10-04 21 ANTHONY ROWLEY - Official says there have been signs of progress both in Europe and the US By ANTHONY ROWLEY in Tokyo THE global economy has begun to show signs of stabilising since the crisis call for concerted actions by governments went out during last month’sBLOOMBERG FILE PHOTO - 581 words
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570 2011-10-04 21 ANTHONY ROWLEY - Tankan gets first boost since tsunami struck in March By in ANTHONY ROWLEY in Tokyo JAPANESE business sentiment improved in line with expectations during the third quarter of this year as companies put the effects of the March 11 disaster behind them. Still, despite570 words
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493 2011-10-04 21 LATEST US DATA Bloomberg [WASHINGTON] Manufacturing in the United States unexpectedly accelerated in September as production picked up, easing concern the world’s largest economy is stalling. The Institute for Supply Management’s (ISM) factory index climbed to 51.6 last month from 50.6 in August, according toBloomberg - 493 words
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Page 20 Advertisements
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Advertisement2434 2011-10-04 20 thebusinesstimes weekendthe raffles conversat www.businesstimes.com.sg SEPTEMBER 17 18, 2011 S$1.00 MICA(P)121/08/2011 weekend WEALTH Manoeuvringvolatility 30-31 MOTORING FrankfurtMotorShow highlights L19 the raffles conversation CHEWGEKKHIM,EXECCHAIRMAN,STRAITSTRADING 10-11 singapore economy Exports jump 5.1% in AugSINGAPORE’SINGAPORE’S key non-oil domestic exportssprang a surprise51 sprang surprise 5.1 per cent year-on-yearrebound in Auust rebound August.| 2 sports hub2,434 words
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Page 21 Advertisements
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Advertisement263 2011-10-04 21 WHERE A BUSINESS GOES DEPENDS ON WHERE IT IS Marina Bay Financial Centre (MBFC) welcomes you to seize this limited opportunity to be part of Tower 3 and one of the world's most vibrant financial hubs. An iconic addition to the heart of the New Downtown, MBFC is the first263 words
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EDITORIAL & OPINION
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480 2011-10-04 22 EDITORIAL THE fact that the European Union (EU) will get away with its decision to impose emissions tax on airlines flying over its territory from next year is damning testimony to the failure of global leadership in devising an effective programme to address480 words
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Article, Illustration816 2011-10-04 22 PAUL DONOVAN - THE BOTTOM LINE PAUL DONOVAN The writer is managing director and deputy head for global economics at UBS Investment Bank THE euro should not exist. More precisely, the euro should not exist in its current form, with its current membership. A monetary union816 words
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Article, Illustration1257 2011-10-04 22 LEON HADAR - Accusing Mr Obama of being a Marxist means putting Mr Buffett in the same boat LEON HADAR Washington Correspondent REPUBLICANlawmakersand the party’s presidential candidates are bashing President Barack Obama’s proposal to increase the tax rate on America’s millionaires asAFP - 1,257 words
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Article, Illustration1128 2011-10-04 23 STEPHEN ROACH - A soft landing will provide the country an opportunity to press ahead with the formidable task of economic rebalancing STEPHEN ROACH Stephen Roach, a member of the faculty at Yale University, is non-executive chairman of Morgan Stanley Asia and author of ‘The Next Asia’ (WileyREUTERS - 1,128 words
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Article, Illustration864 2011-10-04 23 PAUL KRUGMAN - PAUL KRUGMAN The writer is professor of economics and international affairs at Princeton University, and winner of the Nobel Prize in economics in 2008 THE dire state of the world economy reflects destructive actions on the part of many players. Still, the factBLOOMBERG FILE PHOTO - 864 words
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AVIATION
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Article, Illustration468 2011-10-04 24 VEN SREENIVASAN - 4.5% jump less than July’s 6%; decline in freight markets also accelerated By VEN SREENIVASAN THE latest global air traffic numbers released by the International Air Transport Association (Iata) for August shows a sequential drop in passenger demand through August. Although passenger demand wasAP - 468 words
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831 2011-10-04 24 Xinhua [BEIJING] Aviation visionaries are hoping that the economic benefits that would emerge from the development of the general aviation (GA) industry in China will persuade government officials to expedite the process of opening up GA throughout the country. On July 7, 2010, anXinhua - 831 words
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Article, Illustration287 2011-10-04 24 Bloomberg [DALLAS] American Airlines said passengers will see “minimal” effects from the second straight month in which more pilots retired than usual, partly because schedule cutbacks cushion the impact. American, the third-big- gest US carrier, declined to disclose the number. The pilotsBloomberg; REUTERS - 287 words
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174 2011-10-04 24 Reuters [MUMBAI] India’s national airline Air India Ltd (AIL) has raised 55 billion rupees (S$1.45 billion) via bonds in two tenures, a source with knowledge of the deal told Reuters. The company raised funds via 15-year bonds at 9.84 per centReuters - 174 words
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254 2011-10-04 24 Bloomberg [NEW DELHI] India has “no timeframe” for allowing Airbus SAS A380s to fly into the country because of concerns that passengers will desert local airlines, said Aviation Minister Vayalar Ravi. “If we allow the biggest aircraft to land here, they’llBloomberg - 254 words
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Page 24 Advertisements
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Advertisement618 2011-10-04 24 MAT3 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ASIA INFRASTRUCTURE PROJECT DEVELOPMENT PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (CO. REG. NO. *****7229N) At an Extraordinary General Meeting of the Company duly convened and held at 36 Robinson Road #14-04 City House Singapore618 words
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Page 24 Miscellaneous
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Miscellaneous337 2011-10-04 24 CRYPTIC CROSSWORD Across 6 They’ll provide a send-off mixed salad and punch! (6,4) 8 Note incorporating origins of all right scores at golf (4) 9 Hanging around, admits love for housework (9) 11 Productive element in electric heaters (4) 12 Traitor has nothing for a degenerate (3) 13 Theatre audience337 words
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2747 2011-10-04 25 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 Destination2,747 words
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Page 25 Advertisements
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Advertisement61 2011-10-04 25 WEST RIVER Your Total Logistics Solution Partner WEST RIVER HAS THE ANSWER The West River Logistics Pte. Ltd. CS GLOBAL PROJECTLOGISTICS IF MOVEABLE WE HAVE THE SOLUTION CS Global Project Logistics Pte. Ltd. Experienced Slflfp maintenance services wanted. Can they find your services here in the Shipping Times? TO ADVERTISE,61 words
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Advertisement6 2011-10-04 25 lEUMSJllB CALL JOE WONG AT *****3276 words
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SHIPPING
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415 2011-10-04 26 Those in the tanker and dry bulk markets more vulnerable Reuters [SINGAPORE] At least four US-listed shipping companies are likely to face restructuring or declare bankruptcy over the next 12 months as the long downturn in the freight market forces further consolidation,Reuters - 415 words
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Article, Illustration799 2011-10-04 26 Bloomberg [PANAMA CITY] Ships emit more carbon dioxide and should be taxed to help poorer nations adapt to climate change, environmental groups said. Carbon taxes on maritime bunker fuel would raise US$25 billion a year by 2020, according to Tim Gore, policy adviser forBloomberg; REUTERS - 799 words
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Article, Illustration412 2011-10-04 26 Reuters [HONG KONG] The world’s container shipping market may remain bleak for the rest of the year, after seeing shipping rates halved in the third quarter as Western buyers tighten their purse strings amid growing fears of a global recession, a specialist said yesterday.Reuters; REUTERS - 412 words
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Page 26 Advertisements
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Advertisement22 2011-10-04 26 FREIGHT Sir FORWARDER i-. i„ urgently needed by shippers Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 132722 words
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Advertisement19 2011-10-04 26 Legal I services 1 J required by I services i, I here in the shippers I Shipping owners Times?19 words
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SINGAPORE STOCKS
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Article8127 2011-10-04 27 Transaction date: Oct 3 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 4.6 -0.1 200 4.6 4.6 4.5 4.68,127 words
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Article1542 2011-10-04 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 34 13.6 t 800 Super 15 -0.2 210 15.9 13.6 13.7 15 4.7 3.7 5.8 26.8 5.5 3.7 t AA Grp 4 2.5 3.61,542 words
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Article10070 2011-10-04 28 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.11/ 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 0.59/ Aberdeen Asset Mgt Asia Limited American Opp 0.5882/ Asian Credit Fund10,070 words
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Article231 2011-10-04 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A38xd -6.5 2 38 37.5 38 40 3.6 9.2 3 99 53 27.5 Genting HK US$ US27.5 -2.5 ***** 29 27.5 27.5 28 1810.7231 words
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Article893 2011-10-04 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 108 ABF SG Bond ETF 119cd 117.1 123 543.2 1261 856 CIMBAsean40 100US$ US879 -31 48 888 874 868 891 35.2 350 266 DBS STI893 words
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FINANCE & COMMODITIES
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374 2011-10-04 29 In local curr In S$ In US$ dy yr dy yr dy yr Sep 30 Index Change Change Change Change Change Change World Index Preliminary 780.9 -0.8 -13.0 -0.5 -11.4 -1.3 -12.9 EAFE Preliminary 658.5 -1.1 -17.8 -1.3 -15.8 -2.1 -17.2 Europe Preliminary 959.8 -1.5374 words
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Article77 2011-10-04 29 CRUDE OIL PRODUCTS Sep 30 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 103.42 -1.63 WTI (Near Mth) 79.08 -3.21 Dubai (1-Mth F) 100.24 -0.77 Tapis blend 113.92 -0.66 Minas 106.92 -0.66 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 98.39 -1.72 Jet Kerosene 120.30 -0.60 US$/barrel Opec Oil77 words
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Article107 2011-10-04 29 Sep 30 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 11 1179.00 1230.00 1238.75 1175.00 Jan 12 1189.50 1241.25 1250.25 1185.75 Mar 12 1198.25 1249.75 1259.00 1194.75 May 12 1204.50 1255.75 1266.00 1202.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Oct 11 49.95107 words
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Article79 2011-10-04 29 Oct 3 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 05.01.2012 0.22 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 103.66 103.73 103.67 5-Year N*****0W 1.125 01.04.2016 102.66 10-Year NX*****X79 words
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Article443 2011-10-04 29 Oct 3 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec11 99.4600 0 3181 Mar12 99.3950 0 2440 Jun12 99.4000 0 1228 Sep12 99.4150 0 744 EUROYEN TIBOR FUTURES Dec11 99.6900 0 2382 Mar12 99.6900 0 2438 Jun12 99.6950 0 1470 Sep12 99.6925 0 411 Dec12 99.7550443 words
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Article, Illustration118 2011-10-04 29 As on 30 September 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS Gold DEC-11 1637.10 1609.90 1627.40 1617.4 Silver DEC-11 31.150 30.035 30.370 30.525 CURRENCY US Dollar-Jap Yen DEC-11 77.08 76.49 76.98 76.57 Euro-US Dollar DEC-11 1.3563 1.3410 1.3448 1.3556 Aust-US Dollar DEC-11 0.9701118 words
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Article171 2011-10-04 29 Oct 3 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Nov 11 410.9 410.9 410.9 1 279 Dec 11 408.5 408.0 408.5 10 499 Jan 12 409.5 409.0 409.3 15 259 Feb 12 412.0 412.0 411.7 4 130171 words
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Article71 2011-10-04 29 Sep 30 Sep 30 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2124.00 2214.50 3 months 2157.00 2247.00 Copper, Grade A (US$/tonne) Cash 6998.00 7210.25 3 months 7018.50 7230.00 Lead (US$/tonne) Cash 2019.00 2038.50 3 months 1985.00 2020.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)71 words
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Article81 2011-10-04 29 Sep 30 COCOA (£/tonne) Close Prev High/Low Dec 11 1699 1745 1752/1697 Mar 12 1728 1774 1780/1727 May 12 1746 1790 1797/1747 Jul 12 1763 1807 1810/1761 COFFEE (US$/tonne) Close Prev High/Low Sep 11 1964 unch Nov 11 1979 1994 1992/1945 Jan 12 2013 2027 2026/1980 Mar 12 204181 words
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2169 2011-10-04 29 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 1.1 0.1 140 1 150 45 94.55 31 ASJ Hldgs W*****1 0.5 1 4 32 6.80 4 AlliedTech W*****2 1.7 1 4 25 Aztech Grp W*****3 0.6 12,169 words
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Article464 2011-10-04 29 Oct 3 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.012 6.150 0.722 7.513 47.548 86.345 0.742 11.395 3.093 1.267 84.392 42.425 1.264 7.797 0.878 29.496 30.163 0.621 0.965 Canada 0.988 6.080464 words
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Article82 2011-10-04 29 Oct 3 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths82 words
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Article140 2011-10-04 29 Oct 3 GOLD (US$/oz) Oct 03 Sep 30 Hong Kong 1654.30 1634.00 Sep 29 Sep 30 London 1614.09 1617.12 1615.30 1618.45 Source: Thomson Reuters Source: Reuters CAST BAR Oct 03 (S$) Selling Buying Kilobar 74.341.46 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 167 69 5gm 473 346140 words
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Article57 2011-10-04 29 Oct 3 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 11 2873 2884 2875 2860 42 1587 Nov 11 2849 2860 2863 2838 2638 ***** Dec 11 2839 2845 2857 2827 ***** ***** Jan 12 2848 285057 words
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Article29 2011-10-04 29 Oct 3 Open High Sett STI Oct 2617 2617 2619 SIMSCI Oct 306.2 306.7 300.5 Taiwan Oct 255.5 255.5 249.3 Source: MF Global (S) Pte Ltd29 words
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Article154 2011-10-04 29 Oct 3 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2632 1.2648 0.9645 0.9650 Canadian dollar 1.2489 1.2501 0.9536 0.9537 Euro 1.7494 1.7512 1.3357 1.3361 NZ dollar 0.9967 0.9981 0.7610 0.7615 Sterling pound 2.0357 2.0379 1.5543 1.5548154 words
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Article22 2011-10-04 29 Oct 3 S$ Bid Offer 1-month 1.3097 1.3107 2-months 1.3096 1.3107 3-months 1.3092 1.3103 6-months 1.3070 1.3085 Source: OCBC22 words
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Article121 2011-10-04 29 As at 9am Oct 03 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.293 1.232 Can dollar 1.271 1.223 Euro 1.779 1.711 Sterling pound 2.073 1.994 NZ dollar 1.023 0.975 US dollar 1.328 1.277 Local dollars to 100 units of foreign121 words
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Article154 2011-10-04 29 Oct 3 $S Offer Bid 0vernight 0.02 par 1-month 3/16 1/16 2-months 3/16 1/16 3-months 1/4 1/8 Overnight mode: 0.10 US$ Offer Bid 7 days 0.30 0.20 1 month 0.45 0.25 2 months 0.50 0.30 3 months 0.55 0.35 6 months 0.75 0.55 9 months 0.95 0.75 12154 words
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PROPERTY
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Article, Illustration1523 2011-10-04 30 Historic hotels such as The Balsams are looking to modernise but they also realise the importance of preserving their past AP [NEW HAMPSHIRE] THE signature green and white china is packed, the Adirondack chairs are stored away and the corridor lights are dimmed. TheAP - 1,523 words
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Article, Illustration479 2011-10-04 31 Pace of decline may quicken in the months ahead, says property researcher Bloomberg [LONDON] UK house prices fell for a fifth month in September and the pace of the decline may accelerate in the coming months, property researcher Hometrack Ltd said yesterday. TheBloomberg; BLOOMBERG - 479 words
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430 2011-10-04 31 MINDY TAN - Occupancy for its ready-built facilities dips slightly to 96.7% from 97.5% By MINDY TAN [SINGAPORE] In a reflection of the buoyant industrial property market last year, JTC Corporation yesterday posted a total surplus of $918 million for the financial year ended March430 words
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Article, Illustration373 2011-10-04 32 UMA SHANKARI - Selangor Dredging’s high-end freehold project going for $2,200-2,500 psf By UMA SHANKARI [SINGAPORE] Malaysian property group Selangor Dredging Berhad (SDB) has sold nine apartments in its 41-unit Hijauan on Cavenagh over the past two weeks, the company said. The apartments at the high-end373 words
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338 2011-10-04 32 UMA SHANKARI - Mountbatten parcel has 126,000 sq ft floor area limit By UMA SHANKARI [SINGAPORE] The Urban Redevelopment Authority (URA) launched a transitional office site at Mountbatten Road for sale by tender yesterday. This marks the first time in more that 18 months that a transitional office338 words
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Article230 2011-10-04 32 Half of nation’s real estate firms may be closed in next 3-5 years: Haitong Bloomberg [HONG KONG] About half of China’s commercial real estate companies may be forced to stop operating in the next three to five years as the government tightens housing-market policies, according toBloomberg - 230 words
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Advertisement604 2011-10-04 30 Tiong d a o Redhill MRT Station R 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 Ro604 words
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Advertisement19 2011-10-04 30 Contact: Investment Properties Sammi Lim (CEA Reg.No.: R*****9J) Tel: 6224 8181 9368 9803 6 Battery Road #32-01 Singapore *****919 words
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Page 31 Advertisements
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Advertisement1134 2011-10-04 31 RESIDENCE Wilby Central *****888 Wilby Bukit Timah *****505 j 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 For more information, visit www.wilbyresidences.com1,134 words
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Advertisement142 2011-10-04 32 WINNER" IG Markets I Investment Trends MARKETS Sept 2010 Singapore CFD Report Highest overall customer satisfaction 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 position142 words
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