The Business Times, 6 October 2011
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2011-10-06
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The Business Times
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Title Section23 2011-10-06 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Thursday, October 6,23 words
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Article, Illustration410 2011-10-06 1 SIOW LI SEN - By SIOW LI SEN [SINGAPORE] Hsieh Fu Hua has stepped down as president of Temasek Holdings after a 13-month stint, citing “personal priorities”, the company said. Mr Hsieh’s surprise exit comes on the heels of a slew of senior management changes, although the410 words
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499 2011-10-06 1 LEE U-WEN - By LEE U-WEN [SINGAPORE] Liverpool and Manchester United fans will soon have a chance to watch a match at Anfield or Old Trafford while enjoying VIP treatment in a private box. The best part is that all proceeds will go to charity,499 words
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Article, Illustration723 2011-10-06 1 NEIL BEHRMANN - European markets bet on bank recapitalisation, ignore Greek, Italian troubles for now By NEIL BEHRMANN in London ITALY was downgraded. Greek civil servants went on strike. And yet, European markets rallied on hopes of bank recapitalisation and an unexpected surge on WallAFP - 723 words
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Article140 2011-10-06 1 HST INDEX 2,528.71 (-2.31) HST INDEX FUTURES 2,526 (-3) GSIMSCI 291.54 (+0.47) GSIMSCI FUTURES 290.80 (+0.20) FOREX US$ S$ US$ (S$ per US$) 1.308 (US$/S$ per 1.543 2.018 EURO (US$/S$/E) 1.330 1.739 Foreign currency per US$ S$ YEN 76.70 58.60 RM 3.193 2.441 HK$ 7.783 5.952 BAHT 31.11140 words
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Advertisement46 2011-10-06 1 COMMENTARY Democrats out to cash in on yuan bill PAGE 25 BizIT I Cloud offers way to reduce costs: Savvis president Bill Fathers I IT budgets continue to be beefed up: Gartner I Emerging markets still left on hold as Apple updates iPhone I PAGE 3246 words
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Advertisement12 2011-10-06 1 PROPERTY Singapore ranks high on property investment list PAGE 36 *****1 *****412 words
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Advertisement147 2011-10-06 1 HOCK LOCK SIEW Nice ring to Fragrance hotel listing PAGE 6 M’SIAN NEWS Najib may unveil populist, investor-friendly budget PAGE 16 THERE ARE STORIES THAT DESERVE TO BE CAPTURED FOREVER. Whether it’s a transatlantic crossing on a sailboat with friends, or the birth of a child, there are precious, life-changing147 words
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TOP STORIES
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Article, Illustration743 2011-10-06 2 JOYCE HOOI - The current flagging in its lineup might just be the opening Android needs By JOYCE HOOI [SINGAPORE] iPhone junkies will be able to get their next fix from all three local telcos when the iPhone 4S is launched here by OctBLOOMBERG - 743 words
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775 2011-10-06 2 ROB CURRAN - By ROB CURRAN THE recent collapse of gold prices suggests that the 2011 gold rush was a speculative bubble. And it may already have popped. Gold’s latest bull market began in late 2008 because investors longed for something tangible.775 words
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Article, Illustration813 2011-10-06 2 EMILYN YAP - By EMILYN YAP [SINGAPORE] To some, calling the US dollar a safe haven these days is like picking a beauty queen out of a bunch of ugly stepsisters. Although the currency has spiked as the euro zone threatens to fallSource: UBS - 813 words
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Article526 2011-10-06 2 Europe shrugs off bad news, clings to hope ITALY was downgraded. Greek civil servants went on strike. And yet, European markets rallied on hopes of bank recapitalisation and an unexpected surge on Wall Street late Tuesday. Markets ignored Moody’s downgrade of Italy’s debt rating by three notches to526 words
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Article, Illustration813 2011-10-06 4 JAMIE LEE - Just 138 deals worth US$13.5b sealed, down by half from previous quarter By JAMIE LEE [SINGAPORE] Initial public offerings (IPOs) in Asia have raised the least money since the second quarter of 2009, as companies wanting to list stay clear ofAFP - 813 words
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631 2011-10-06 4 RONNIE LIM - NEWS ANALYSIS By RONNIE LIM [SINGAPORE] The chain effects of the Pulau Bukom fire with the Shell refinery shutdown disrupting supplies of naphtha feedstock to its own ethylene cracker and to the Petrochemical Corporation of Singapore’s (PCS) cracker on Jurong Island, and with this631 words
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Advertisement174 2011-10-06 2 9th Keppel Offshore Marine Lecture at National University of Singapore Understanding pipeline geotechnics Over the years, exploration and production has moved into increasingly deeper waters to extract untapped oil reserves from the seabed. However, the seabed soil is usually soft. This creates challenges for engineers who design pipelines that serve174 words
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Advertisement184 2011-10-06 3 www.vw. com. sg Y'T a s; -A- > S* m i n it V Mi »^:iaw5s «a S-» m hm j». Sb~ V, mmBSk mt m VK /Vjfl Vv.' r v- V *T K 'I A »r > &,>J W S ss&mm s £K > Msfs KHK I S -v184 words
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Advertisement337 2011-10-06 4 Crest NICHOLSON T KALEIDOSCOPE AN OUTSTANDING INVESTMENT OPPORTUNITY IN CAMBRIDGE savills Agency No. L*****87F >; cc -X.V ~ipp< s® V A— h ~1 e i Jit* 7**3 BEr**! «»> i N r ss M <!% tfV-r y~ v\< Mk m mm ifl 'SbEj£® ■8/71 |AM; x ffl r L--.1 STUNNING337 words
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Advertisement6 2011-10-06 5 for enquiries, please contact 6836 31906 words
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COMPANY NEWS
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561 2011-10-06 6 FELDA CHAY - Analysts hail the group’s decision about agribusiness as positive By FELDA CHAY COMMODITY trader Noble Group’s shares rose 5.8 per cent yesterday on news that it has applied to spin off its agriculture business and list it separately on the Singapore Exchange’s (SGX) main561 words
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604 2011-10-06 6 EMILYN YAP - HOCK LOCK SIEW By EMILYN YAP THE scent of a new listing was in the air a few weeks back, but the market seems to have turned its nose up at it. Boutique property developer and hotel operator Fragrance Group said on Sept 19604 words
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Article137 2011-10-06 6 Reuters [SINGAPORE] An investor group led by Baring Private Equity Asia is seeking to sell electronics and furniture retailer Courts Asia for more than $500 million, a source with knowledge of the deal said yesterday. Asia Retail Group, which owns Courts, has hired HSBC andReuters - 137 words
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Article, Illustration367 2011-10-06 6 NISHA RAMCHANDANI - By NISHA RAMCHANDANI AFTER a long hunt, Singapore Post (SingPost) finally has its man. Wolfgang Baier, 37, who was chief executive officer (CEO) of SingPost’s international division, has taken over as group CEO as the company continues to push for further expansion367 words
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505 2011-10-06 8 FELDA CHAY - Stock soars 24% on news of proposed offer at 26 cents a share By FELDA CHAY SHARES in Beyonics Technology shot up 24 per cent to 24.5 cents yesterday as the counter sprang to life on news of a proposed acquisition of the manufacturing services505 words
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524 2011-10-06 8 JAMIE LEE - By JAMIE LEE THE recent changes to listing rules do not protect minority investors enough from the misuse of funds by foreign companies listed in Singapore, said David Gerald, president of the Securities Investors Association (Singapore), or SIAS. In the524 words
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Article, Illustration288 2011-10-06 8 ARTHUR LEE - By ARTHUR LEE THIS year’s eighth annual SGX Bull Charge, a charity run in the CBD, will see Singapore Exchange CEO Magnus Bocker helping to “run” in the dollars. He has offered to match, dollar for dollar, donations made by any corporate chief whoARTHUR LEE - 288 words
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284 2011-10-06 8 JOYCE HOOI - By JOYCE HOOI TREK 2000 International’s counter closed 5.3 per cent or 1.5 cents higher in trading yesterday at 30 cents, on news of its legal settlement in the United States over the infringement of its patents. The firm announced that it had settled out284 words
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443 2011-10-06 11 CONRAD TAN - New team set up to advise foreign firms seeking to expand into S’pore, Asia By CONRAD TAN UNITED Overseas Bank (UOB) wants to double its cross-border business lending within three years, riding on a wave of foreign investment into Asia’s fast-growing economies, it said443 words
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502 2011-10-06 11 TEH HOOI LING - By TEH HOOI LING MICHAEL Yoshikami, CEO, founder and chairman of Wall Street independent financial advisers YCMNET said that a “balanced, less egotistical analysis of data is sorely lacking” in the financial industry nowadays. “You see all these people in the financial502 words
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COMPANY BRIEFS
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Article71 2011-10-06 11 KLW Holdings has secured an order worth about $4.2 million to supply doors for a Singapore residential development, The Minton, at Hougang Street 11. The contract is expected to be completed by December 2012. KLW does not expect the order to have a material71 words
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91 2011-10-06 11 DARCO Water Technologies has appointed auditor Baker Tilly TFW LLP to conduct another audit for FY2009 and FY2010. Darco was directed to have the audit after auditor LTC LLP issued a disclaimer of opinion, saying it was “not able to obtain sufficient appropriate audit91 words
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27 2011-10-06 11 PTERIS Global, an integrated airport logistics system provider, has entered into an agreement to acquire AeroMobiles Pte Ltd for $5 million.27 words
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581 2011-10-06 11 MICHELLE QUAH - By MICHELLE QUAH AS English football club Manchester United undergoes the final stages of preparing for its listing here, a Singa-pore-listed company is firming up its plans for a dual listing in London. Garment manufacturer Great Group Holdings, based in China581 words
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Advertisement2434 2011-10-06 6 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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Advertisement107 2011-10-06 7 E o o _Q O U) _c -3o h* r--co CM CM LO 00 0 c o CD z o (J z o X CO CO o CD O CD X X c o _0 0 CO CO CO o CO ftYuv. v >c AV&rWW v V MisSfe £S«uivA\\\\W i107 words
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Advertisement737 2011-10-06 8 Organiser: siAs <4 m OECD I ■!ii i> S mi BETTER i :R BETTER 2 ND SINGAPORE CORPORATE GOVERNANCE WEEK 2011 24th to 28th October 2011 "Corporate governance in Asia matters, also globally. Investors have a key role in promoting good corporate governance. This meeting of the Asian Investors Corporate737 words
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Advertisement243 2011-10-06 9 Panasonic ideas for life Sit back, relax and enjoy. This October, it's time to relax for all your year's hard work on our Panasonic Massage Chairs! $2,299 EP-MS41 Chic Chill Free $600 in-store voucher Free choice of 1 replacement sofa cover (worth $199) Compact massage sofa with rounded contours ensures243 words
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SINGAPORE MARKETS
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Article, Illustration585 2011-10-06 10 R SIVANITHY - Observers under no illusions that yesterday’s modest bounce will prove to be lasting STOCKS R SIVANITHY Senior Correspondent SHORT-COVERING yesterday helped ease some of the pressure on the local market yesterday, though the closure of Hong Kong for a public holiday meant it wasSource: Bloomberg - 585 words
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Article65 2011-10-06 10 Oct 5 VALUE CLOSE BT OB/OS -1487.00 +77.00 BT CADI -*****.00 +40.00 BT 10-day MA -*****.00-149.00 FTSE ST Mid Cap 570.42 +4.00 FTSE ST Small Cap 389.17 +2.49 FTSE ST All Share 609.39 +0.47 FTSE ST China Top 172.84 +1.11 FTSE ST China 202.66 -4.99 FTSE ST65 words
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Article186 2011-10-06 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 3 5 0 0 0 6 3 5 Manufacturing 65 44 37 2 3 7 67 47 44 Commerce 24 15 16 3 2 2 27 17 18 Tpt/Stor/Comms 19 18 3186 words
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BROKERS’ TAKE
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Article432 2011-10-06 10 Oct 5 close: $1.81 DBS Group Research, Oct 5 ACCORDING to our estimates, Sakari Resources’ (formerly Straits Asia Resources) coal production and sales volume should grow at a compound annual growth rate (CAGR) of 11 per cent over 2010-12, driven by production increase from the Sebuku Northern Leases,432 words
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Article359 2011-10-06 10 CONRAD TAN - Compiled by CONRAD TAN Oct 5 close: $2.13 DMG Partners Research, Oct 5 SATS announced that it is in discussions with third parties to sell its UK businesses the Daniels Group and International Cuisine. At the point of the announcement, no firm agreement had been made and management359 words
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Article131 2011-10-06 10 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 2011-10-06 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 24,495 24,495 100,847 100,847 Manufacturing 195,195 87,553 282,748 269,148 2,171 271,319 Commerce 109,433 3,451 112,884 143,460 226 143,686 Tpt/Stor/Comms 181,386 1,641 183,027 265,282 132 265,414 Finance 19,309 19,309 188,853 188,853 Construction 28,813 67,496 96,309 6,209121 words
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Article114 2011-10-06 10 Stock name Close Change Stock name Close Change CapMallsAsia 1.175 +0.015 CapitaLand 2.360 +0.020 CapitaMall 1.845 +0.030 CityDev 8.760 -0.040 ComfortDelGro 1.320 -0.010 DBS Grp 10.930 +0.060 F&N 5.420 -0.060 GLP 1.560 +0.060 Genting SP 1.445 +0.025 Golden Agri 0.560 +0.010 HK Land 4.230 -0.070 JMH114 words
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Article, Illustration452 2011-10-06 10 CURRENCIES Reuters [SINGAPORE] The Malaysian ringgit and the South Korean won led overall gains in Asian peers yesterday as some offshore funds and interbank speculators covered short positions. Investors also bought back Asian currencies on caution over more aggressive US dollar-selling intervention byReuters; REUTERS - 452 words
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Article57 2011-10-06 10 VOLUME Golden Agri 70,758,000 TopGlobal 65,938,000 Noble Grp 64,168,000 Genting SP 63,433,000 JEP 59,110,000 SingTel 48,205,000 PacShip Trust 33,543,000 Wilmar 31,385,000 HPH Trust US$ 30,045,000 Beyonics 29,634,000 VALUE($) SingTel 150,746,518 Wilmar 142,616,820 Genting SP 92,035,331 Noble Grp 81,087,275 Keppel Corp 72,712,370 DBS Grp 72,066,300 UOB 70,046,340 Golden57 words
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Article109 2011-10-06 10 BY CENTS CLOSE UP DBXT SPASX200 10US$ 2796 157.8 4.5 JMH 4400 142.1 2.5 DBXT E50 10US$ 3168 119.7 3.0 DBXT FTChina25 10US$ 2183 30.3 1.1 Hyflux 6% CPS 10 ***** 30.0 0.3 Spore Land 579 18.0 3.2 Venture Corp 646 16.0 2.5 DBXT MSEurope 10US$ 3689 14.5 0.3109 words
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Article118 2011-10-06 10 BY CENTS CLOSE DOWN GLD 10US$ *****-816.8 -3.8 DBXT Nifty 10US$ 9828-252.5 -1.9 DBXT S&P Short 10US$ 4805-147.3 -2.3 Lyxor AsiaRE 10US$ 627-111.8 -11.9 Jardine C&C 3798 -72.0 -1.9 JSH 2447 -53.9 -1.6 DBXT MSKorea 10US$ 4500 -47.4 -0.8 DBXT MSUSA 10US$ 2673 -42.1 -1.2 Wilmar 445 -39.0 -8.1118 words
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Advertisement229 2011-10-06 11 WHAT WILL YOU DO ABOUT IT? m x BE EMPOWERED. There are opportunities in every market. The challenge is discovering where they are. Intelligent investors use Saxo's leading trading and advanced research tools to find them. Backed by our award-winning technology, products and services, Saxo gives you cutting edge innovation.229 words
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SINGAPORE NEWS
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Article, Illustration563 2011-10-06 12 CHEN HUIFEN - Peers in North America and Europe less confident about prospects By CHEN HUIFEN SMALL and mid-sized businesses (SMBs) in Singapore and Malaysia are notably more confident than their peers in North America and Europe about the prospects of their countries’ economies. Of theSource: Sage - 563 words
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Article, Illustration423 2011-10-06 12 LYNN KAN - By LYNN KAN SINGAPORE gets its own C-3PO, the walking, talking droid in Star Wars. Named “Nash” short for “NTU Advanced Smart Humanoid” the adult-sized robot is capable of observing its environment, walking, and also following verbal instructions. But “within the next423 words
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526 2011-10-06 12 CHUANG PECK MING - 77% are willing to switch from a fixed benefit plan By CHUANG PECK MING IN A region which is still behind the global curve in offering flexible staff perks, employers in Singapore stand out as the most progressive in freeing employees526 words
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255 2011-10-06 12 NISHA RAMCHANDANI - Bidding comes after Tuck Yew’s vehicle growth comments By NISHA RAMCHANDANI CERTIFICATE of Entitlement (COE) premiums ended mixed at the close of October’s first bidding exercise yesterday, with three of the five categories rising from the last round of bidding in September.255 words
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Article, Illustration319 2011-10-06 13 LEE Kuan Yew has stepped down from the central executive committee (CEC) of the political party that he co-founded, the People’s Action Party (PAP). Mr Lee’s resignation, together with those of Goh Chok Tong, Lim Boon Heng, Wong Kan Seng, George319 words
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Article226 2011-10-06 13 The Financial Women’s Association of Singapore (FWA) is celebrating its 10th anniversary by raising money for the KK Regional Outreach to Kids (KKROK) Fund through a charity gala on Oct 23. FWA’s chosen beneficiary, the KKROK Fund, was instituted in 2002 to help poor children in226 words
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358 2011-10-06 13 UMA SHANKARI - By UMA SHANKARI SINGAPORE and Latin America announced plans to step up economic ties, even as bilateral trade rose 38 per cent in the first eight months of this year. Trade promotion agency International Enterprise (IE) Singapore signed a memorandum of understanding with358 words
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341 2011-10-06 13 NISHA RAMCHANDANI - Deep and broad collaborative research also is still the way forward By NISHA RAMCHANDANI SINGAPORE will maintain its focus on attracting top talent from the science community as well as encouraging collaborative research both within the biomedical sciences industry and with the341 words
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Advertisement1648 2011-10-06 12 MATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES MEMSTAR TECHNOLOGY LTD. Pl_He (Incorporated in the Republic of Singapore) (Registration Number: *****1641K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2011 Annual General Meeting of the Company will be held at Novotel Singapore Clarke Quay, Level 5, Cinnamon Room,1,648 words
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Advertisement19 2011-10-06 12 BMW 64§t ('C'AB'R'rO.LiTr) PRIME CARS@AML #01-03 LEVEL1 *****000 PRIME CRRS A Case Trust Accredited Company 3 Years Warranty 100,000km19 words
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Advertisement252 2011-10-06 13 Your Returns are the Foundation of Your Dream Home Investment returns can do different things for different people. Whether it's a life of travel and adventure or dream home, careful planning and good returns can help you achieve the financial freedom you need to reach your goals. Just ask our252 words
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ECONOMY
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Article, Illustration759 2011-10-06 14 Investors show confidence in the country by forgoing early payment Bloomberg [LISBON] Portuguese Prime Minister Pedro Passos Coelho’s repeated assurance since he took power in June that the country is committed to putting its fiscal house in order may be starting to winBloomberg; AFP - 759 words
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Advertisement396 2011-10-06 14 WORLD PALM OIL CONFERENCE t* NAr '0* °'i. co» Oil PIPOC 201 1 PALM OIL: Fortifying and Energizing the World 15-17 NOVEMBER 2011 RUALA LUMPUR CONVENTION CENTRE, MALAYSIA W IT'S COMING AGAIN!!! The World Palm Oil Congress with five concurrent conferences which deliberates and discusses the many facets of the396 words
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Advertisement544 2011-10-06 15 1 m ?Cx fSj m. ;v v i u,i« 5 *SL TtV N ->: w. SP'^ 31 CM tr~ > A 9 >.f l Jv ®a 9k A\ »s "fesT» I-' 3tSS Tl^'l -s X Si M v <£ v •N'-v 3? "A "nV fe.*;: "7^ .stjSy > «s f544 words
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MALAYSIA
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632 2011-10-06 16 S JAYASANKARAN - In tomorrow’s budget, he will also have to address the rising cost of living By S JAYASANKARAN in Kuala Lumpur THE 2012 Budget that Malaysian Prime Minister Najib Razak unveils to Parliament tomorrow is expected to be populist as it is likely to be632 words
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193 2011-10-06 16 AFP [KUALA LUMPUR] Malaysia will immediately release 125 people held under a tough security law, Prime Minister Najib Razak said yesterday. Mr Najib, who is widely tipped to call snap polls soon, last month unexpectedly announced plans to scrap a range ofAFP - 193 words
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554 2011-10-06 16 PAULINE NG - But few expect any changes to APs in tomorrow’s Budget By PAULINE NG in Kuala Lumpur MALAYSIA’S controversial approved permits (APs) for the importation of cars has come under the spotlight ahead of the national budget tomorrow, with industry players suggesting that554 words
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Advertisement2900 2011-10-06 16 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg SINGAPURA FINANCE LTD (Incorporated in the Republic of Singapore) Co Registration No. *****0340N NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT THE FORTY-SECOND ANNUAL GENERAL MEETING of Singapura Finance Ltd will be held at 391A Orchard Road, Tower A, #26-00, Ngee2,900 words
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GREATER CHINA/INDIA
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Article499 2011-10-06 17 RBI nears end of tightening on signs of easing demand: deputy governor Bloomberg [NEW DELHI] India’s services industry moderated in September for a second straight month after the central bank’s record interest rate increases. The Purchasing Managers’ Index (PMI) fell to 49.8 from 53.8Bloomberg - 499 words
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315 2011-10-06 17 Reuters [NEW DELHI] India unwraps what has been dubbed the world’s cheapest tablet computer yesterday, to be sold to students at the subsidised price of US$35 to expand digital access in the Asian giant that lags peers such as China and Brazil in connectivity. TheReuters - 315 words
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241 2011-10-06 17 Reuters [TAIPEI] Taiwan’s central bank chief said yesterday he was cautiously optimistic over the outlook for Taiwan’s economy amid the current global slowdown, and saw no problem with domestic banks’ liquidity. Asked by legislators at a regular parliamentary hearing whether Taiwan could ride outReuters - 241 words
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Advertisement1031 2011-10-06 17 KAT3 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF 3PAR SINGAPORE PTE. LIMITED (COMPANY NO: *****5011R) (IN MEMBERS’ VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of 3PAR SINGAPORE PTE. LIMITED signed by the Representative of the Holding Company pursuant1,031 words
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Advertisement141 2011-10-06 17 WINNER IG Markets I 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 position at141 words
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WORLD
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Article, Illustration748 2011-10-06 18 Deutsche Bank will take a loss of 250m euros on its Greek debt and cut 500 investment banking jobs NYT [WASHINGTON] Europe’s biggest banks may finally be forced to own up to their losses. While bank executives and government leaders have been reluctantNYT - 748 words
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Article525 2011-10-06 18 Reuters [NEW YORK] Investment bankers, traditionally an optimistic lot, struck a dour note on bank deals in the near future, describing their outlook with words rarely heard spoken publicly in these circles “bleak”, “sceptical”, “really quiet”. Volatile markets, sinking bank stocks and an uncertainReuters - 525 words
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Article, Illustration582 2011-10-06 20 Korean firm says it will file injunction with France, Italy courts over patents Reuters [SEOUL] Samsung Electronics said that it would file for a sales ban on Apple’s new iPhone with courts in France and Italy as the phone infringed its patents,Reuters; AP - 582 words
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576 2011-10-06 20 LEE U-WEN - By LEE U-WEN [SINGAPORE] The 153 members of the World Trade Organisation (WTO) should explore new ways to overcome the current Doha Round impasse, said Singapore’s Minister of State for Trade and Industry Lee Yi Shyan. The fact that talks have been576 words
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Article, Illustration532 2011-10-06 22 Their strong balance sheets may counterbalance cyclical risk: analysts Bloomberg [NEW YORK] Technology companies are outperforming the stock market as excess cash and cheap valuations attract investors amid rising concerns that the two-year recovery may be ending. The Standard Poor’s 500 Information Technology Index, which includesBloomberg; BLOOMBERG - 532 words
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Advertisement2638 2011-10-06 18 ft HAI LECK HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4461D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hai Leek Holdings Limited (the "Company") will be held at 47 Tuas View Circuit, Singapore *****7 on Friday, 21 October2,638 words
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Advertisement116 2011-10-06 18 Celebrate Diwali at Rang Mahal This Diwali, Rang Mahal presents a majestic range of gift boxes filled with traditional handcrafted mitthai sweets. A hallmark of our tradition and pride for 4 decades in authentic flavours. JTrv?7i/ Corporate Mitthai Gift Box (21 mitthais) The Ladoo Collection (12 ladoos) Premium Mitthai Treasure116 words
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Advertisement3674 2011-10-06 19 k1 Ventures Limited (Incorporated in the Republic of Singapore) (Company Registration No.: *****0535W) Notice of Annual General Meeting/Closure of Books ALL MEMBERS ARE CORDIALLY INVITED TO ATTEND the Annual General Meeting of k1 Ventures Limited (the “Company”) which will be held at Four Seasons Hotel, Four Seasons Ballroom (Level 2),3,674 words
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Advertisement120 2011-10-06 20 I 31 th WORLD CHINESE ENTREPRENEURS CONVENTION (WCEC) October 5-7 2011 Singapore Resorts World Sentosa Suntec Singapore s 73 @J ST M UANHE ZAOBAO WELCOMES All Delegates To The 11th World Chinese Entrepreneurs Convention Organised by The Singapore Chinese Chamber of Commerce Industry, the event is a prestigious biennial Global120 words
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Advertisement50 2011-10-06 20 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY THE RELUCTANT CHAMPION Dr Jimmy S. Daruwalla wins inaugural tabla! Community Champion Award for his work with the Dyslexia Association of Singapore tabla! COMMUNITY CHAMPION 2011 SUPPORTED BY SBI STATE BANK INDIA GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST50 words
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Advertisement6331 2011-10-06 21 Beyonics Technology Limited (Incorporated in Singapore) (Company Registration No. *****8168G) Channelview Investment Ltd. (Incorporated in the British Virgin Islands) (BVI Company No. *****22) JOINT ANNOUNCEMENT PROPOSED ACQUISITION OF BEYONICSTECHNOLOGY LIMITED BYWAY OF A SCHEME OF ARRANGEMENT 1. Introduction The respective directors of Beyonics Technology Limited (“Company”) and Channelview Investment Ltd.6,331 words
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Advertisement332 2011-10-06 22 How to run a business without running out of ideas September/October issue out now! To subscribe ($30 for six issues delivered to your office or home), please call 6388-3838 Mi J 4 4 Organised by Presented by THE BUSINESS TIMES luiius Bar Bank Julius Baer presents The Business Times Investment332 words
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ASIA-PACIFIC/WORLD
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489 2011-10-06 23 Employers also announced 115,730 planned job cuts last month LATEST US DATA Bloomberg Reuters [WASHINGTON] US service industries expanded in September at a slower pace than August, a sign the recovery is struggling to gain speed. The Institute for Supply Management’s (ISM)Bloomberg; Reuters - 489 words
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Article, Illustration509 2011-10-06 23 Bloomberg [NEW YORK] Protesters who began demonstrating here three weeks ago as Occupy Wall Street planned to march alongside labour and environmental groups yesterday as the movement spreads to cities including Boston, Chicago, Denver, and Seattle. The groups will join thoseBloomberg; REUTERS - 509 words
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480 2011-10-06 23 Reuters [TOKYO] Bank of Japan (BOJ) governor Masaaki Shirakawa offered a bleak assessment of the country’s economic outlook yesterday as Europe’s debt crisis hurts stock markets and keeps the safe-haven yen at stubbornly high levels. His comments followed a stark warning on TuesdayReuters - 480 words
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Page 23 Advertisements
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Advertisement574 2011-10-06 23 t£AT3 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF STEEL HOUSE PTE. LTD. (IN MEMBER'S VOLUNTARY LIQUIDATION) (Company Registration No. *****3518Z) NOTICE OF MEMBER'S VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of Member of the abovenamed company held574 words
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Advertisement236 2011-10-06 23 6 "Ti .2 fffit"" PRICES FROM £279,500 PLUS 6% GUARAHTEBP^^I^. REGENT'S CANAL LONDON Stunning value 1, 2 3 bed apartments OVERLOOKING REGENT'S CANAL Minutes from the Capital's greatest executive rental catchments! Prestigious location on Regent's Canal. I tube stop from Westfield Europe's Close proximity to DLR tube network. Superb guaranteed236 words
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EDITORIAL & OPINION
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461 2011-10-06 24 EDITORIAL THERE is much to commend in the plan by the Malaysian government to set up a business park for small and medium enterprises (SMEs) in southern Johor’s Iskandar Development Region (IDR). While it is still early days, the idea has the461 words
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Article, Illustration814 2011-10-06 24 FREDERIC NEUMANN - THE BOTTOM LINE FREDERIC NEUMANN The writer is co-head of Asian Economics, HSBC Bank ALL eyes are on Europe right now. Even in Asia, so far blissfully removed from financial jitters in the West, apprehension is growing. That’s understandable: the region can814 words
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Article, Illustration1042 2011-10-06 24 ANTHONY ROWLEY - ‘Shadow banks’ represent a danger that may trigger yet another global financial crisis ANTHONY ROWLEY Tokyo Correspondent SOME would regard bankers as being pretty shady characters at the best of times as they slip mega bonuses into their already over-stuffed wallets while indulgingSTOCK.XCHNG - 1,042 words
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Article, Illustration1503 2011-10-06 25 LEON HADAR - Their move on the bill in Senate and long-delayed FTAs is all about politics and, more specifically, about the jobs issue LEON HADAR Washington Correspondent SO HERE is the good news: The White House sent three long-delayed free trade agreements (FTAs) toAP - 1,503 words
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Article, Illustration462 2011-10-06 25 YOICHI SUZUKI - By YOICHI SUZUKI The writer is Japan’s ambassador to Singapore. This is an edited version of his opening speech at the Asean-Japan Workshop on Engaging with the Asean Connectivity Master Plan held at the Institute of Southeast Asian Studies (ISEAS) on Tuesday. The workshop was462 words
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AVIATION
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Article, Illustration552 2011-10-06 26 Managers receive menacing letters, strike-breaking workers bullied AFP [SYDNEY] Qantas boss Alan Joyce has received a death threat, managers have been sent menacing letters and strike-breaking workers bullied amid a bitter industrial dispute, the airline said yesterday. Qantas is facing industrial revoltAFP - 552 words
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336 2011-10-06 26 AFP [NEW DELHI] Indian ministers will meet later this month to decide whether loss-making Air India should go ahead with an order for 27 Boeing Dreamliner 787 planes, a report yesterday said. The meeting, set for the second half of the month, comes as BoeingAFP - 336 words
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Article, Illustration520 2011-10-06 26 AP [AMSTERDAM] The airline industry presented a model of its vision for the future of check-in security on Tuesday, including high-tech col-our-coded scanning corridors and what they said was the use of risk assessment techniques to ease the burden of airport security forAP - 520 words
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450 2011-10-06 26 Initiative targets frequent flyers who had prior checks Reuters [MIAMI] Frequent flyers in the United States who undergo prior government background checks are being allowed through airport security screening faster under an initiative being developed by the Transportation Security Administration (TSA),Reuters - 450 words
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Page 26 Advertisements
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Advertisement1529 2011-10-06 26 MATS "YTTr^PQ Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES METAX ENGINEERING CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****0111H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Metax Engineering Corporation Limited (the “Company”) will be held at 28 Third Lok1,529 words
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Page 26 Miscellaneous
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Miscellaneous330 2011-10-06 26 CRYPTIC CROSSWORD Across 1 It’s a sort of bird, we affirm (6) 5 A community that’s prosperous but not quiet? (4,4) 9 Yokelish drama excited visitors to the seaside pier? (13) 10 Hurried to far end of valley to grab one plant (8) 11 Decree from old duke stuck in330 words
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3574 2011-10-06 27 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination3,574 words
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Page 27 Advertisements
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Advertisement28 2011-10-06 27 Experienced Stlfp maintenance services wanted. Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 SHIPPING TIMES28 words
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SHIPPING
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696 2011-10-06 28 Its study shows that the practice, for fuel saving, does not damage engines Bloomberg [LONDON] AP Moeller-Mae-rsk A/S, the world’s largest owner of ships that carry manufactured goods, expects more vessels to cut speed after it completed a study showing the practice doesn’tBloomberg - 696 words
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Article, Illustration374 2011-10-06 28 Reuters [WELLINGTON] A container ship struck a reef off New Zealand yesterday and has taken on water near the country’s biggest export port, marine authorities said. The 47,230-tonne Liberi-an-flagged Rena hit the reef, about 12 nautical miles (22 km) from Tauranga on theReuters; AP - 374 words
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424 2011-10-06 28 Euro crisis won’t derail £1.5b project, says chairman Reuters [DUBAI] Dubai’s DP World expects its new London Gateway deep-sea container port to be operational by the fourth quarter of 2013, with spending on the project set to continue despite the economicReuters - 424 words
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250 2011-10-06 28 Reuters [SINGAPORE] China booked a record high 48 Middle East supertankers, capable of carrying a total of 96 million barrels of crude oil, in the spot market in September as refiners raised their throughput volume, traders said yesterday. The world’s second largest oilReuters - 250 words
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Article278 2011-10-06 28 SGX '000 Oct 5 S$ +/-Vol CH Offshore 0.35 -0.01 53 Chuan Hup Hldg 0.20 unch 73 Cosco Corp 0.88 0.01 8739 CWT Ltd 0.85 -0.01 806 Ezra Hldgs 0.79 0.04 5763 First Ship Lea 0.27 0.01 3179 Freight Links 0.06 unch 2258 Grand Banks unch unch 0278 words
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Page 28 Advertisements
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Advertisement29 2011-10-06 28 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 SHIPPING TIMES29 words
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Advertisement12 2011-10-06 28 Legal services Can they find your services here in the Shipping Times?12 words
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SINGAPORE STOCKS
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Article8070 2011-10-06 29 Transaction date: Oct 5 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 11 15.5 7.8 4.9 2.6 59.9 9.5 4.1 A-Sonic 4.4 +0.1 40 4.4 4.3 4.4 58,070 words
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Article1485 2011-10-06 30 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 13.4 t 800 Super 13.4 -0.2 325 13.5 13.4 13.4 14 4.7 4.1 5.2 24 5.5 2.5 t AA Grp 2.5 2.2 2.91,485 words
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Article10105 2011-10-06 30 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.05/ APS Alpha Fund (USD)!** 0.8/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.57/ Aberdeen Asset Mgt Asia Limited American Opp 0.5629/ Asian Credit Fund10,105 words
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Article226 2011-10-06 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A38xd 37.5 41 3.6 9.2 3 99 53 25.5 Genting HK US$ US26 +0.5 ***** 27 25.5 25.5 26 1712 20.5 10 OGL Resources226 words
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Article838 2011-10-06 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 108 ABF SG Bond ETF 119cd 117 123.9 543.2 1261 856 CIMBAsean40 100US$ US865 +8 2 865 865 859 870 34.6 350 259 DBS STI838 words
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FINANCE & COMMODITIES
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374 2011-10-06 31 In local curr In S$ In US$ dy yr dy yr dy yr Oct 4 Index Change Change Change Change Change Change World Index Preliminary 743.4 -1.5 -17.2 -1.5 -15.3 -1.7 -17.5 EAFE Preliminary 633.2 -2.2 -20.9 -2.3 -18.9 -2.5 -21.0 Europe Preliminary 922.8 -2.5374 words
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Article77 2011-10-06 31 CRUDE OIL PRODUCTS Oct 4 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 101.35 -1.46 WTI (Near Mth) 75.32 -1.99 Dubai (1-Mth F) 95.53 -1.56 Tapis blend 109.91 -1.64 Minas 102.91 -1.64 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 93.39 -1.55 Jet Kerosene 117.55 -1.35 US$/barrel Opec Oil77 words
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Article107 2011-10-06 31 Oct 4 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 11 1160.00 1177.50 1179.00 1152.00 Jan 12 1171.75 1188.75 1190.25 1163.50 Mar 12 1181.25 1198.00 1197.00 1173.50 May 12 1189.50 1205.00 1204.00 1181.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Oct 11 48.79107 words
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Article83 2011-10-06 31 Oct 5 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 05.01.2012 0.22 0.15 0.15 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 103.65 103.70 103.68 5-Year N*****0W 1.125 01.04.2016 102.6683 words
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Article434 2011-10-06 31 Oct 5 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec11 99.4350 0 2981 Mar12 99.3650 0 2523 Jun12 99.3550 0 1228 Sep12 99.3600 0 744 EUROYEN TIBOR FUTURES Dec11 99.6900 0 2382 Mar12 99.6850 700 2128 Jun12 99.6875 300 1470 Sep12 99.6850 200 610 Dec12 99.6900434 words
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Article, Illustration118 2011-10-06 31 As on 04 October 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS Gold DEC-11 1679.00 1621.40 1640.50 1657.8 Silver DEC-11 31.325 29.450 29.895 30.8 CURRENCY US Dollar-Jap Yen DEC-11 76.88 76.52 76.86 76.56 Euro-US Dollar DEC-11 1.3311 1.3142 1.3246 1.3231 Aust-US Dollar DEC-11 0.9453118 words
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Article162 2011-10-06 31 Oct 5 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Nov 11 408.9 407.9 407.9 2 271 Dec 11 406.4 499 Jan 12 406.9 246 Feb 12 407.7 134 Mar 12 408.9 389.3 409.0 21 258 Apr 12162 words
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Article69 2011-10-06 31 Oct 4 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2139.00 2168.00 3 months 2174.00 2203.00 Copper, Grade A (US$/tonne) Cash 6779.25 6968.00 3 months 6800.00 6990.00 Lead (US$/tonne) Cash 1923.00 2001.00 3 months 1886.00 1961.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
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Article82 2011-10-06 31 Oct 4 COCOA (£/tonne) Close Prev High/Low Dec 11 1706 1687 1718/1674 Mar 12 1732 1717 1744/1703 May 12 1748 1733 1760/1719 Jul 12 1764 1750 1770/1737 COFFEE (US$/tonne) Close Prev High/Low Sep 11 2008 1929 2013/1829 Nov 11 2035 1962 2045/1864 Jan 12 2060 1988 2070/1920 Mar 1282 words
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1988 2011-10-06 31 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 0.8 0.5 420 1 150 45 130.00 31 ASJ Hldgs W*****1 0.5 1 4 32 6.80 4 AlliedTech W*****2 1.7 1 4 25 Aztech Grp W*****3 0.6 11,988 words
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Article464 2011-10-06 31 Oct 5 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.008 6.090 0.718 7.436 47.111 85.599 0.733 11.398 3.050 1.256 83.330 41.914 1.249 7.780 0.881 29.262 29.726 0.619 0.955 Canada 0.992 6.044464 words
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Article82 2011-10-06 31 Oct 5 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths82 words
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Article140 2011-10-06 31 Oct 5 GOLD (US$/oz) Oct 03 Oct 04 Hong Kong 1654.30 1669.50 Oct 03 Oct 04 London 1648.45 1627.79 1649.45 1629.51 Source: Thomson Reuters CAST BAR Oct 05 (S$) Selling Buying Kilobar 73.438.38 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 165 68 5gm 467 342 10gm 834140 words
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Article57 2011-10-06 31 Oct 5 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 11 2840 2830 2850 2825 108 1334 Nov 11 2832 2800 2836 2798 1877 ***** Dec 11 2817 2785 2822 2780 ***** ***** Jan 12 2820 279057 words
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Article27 2011-10-06 31 Oct 5 Open High Sett STI Oct 2526 SIMSCI Oct 290.4 294.3 290.8 Taiwan Oct 251.2 251.6 247.2 Source: MF Global (S) Pte Ltd27 words
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Article154 2011-10-06 31 Oct 5 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2488 1.2499 0.9553 0.9554 Canadian dollar 1.2392 1.2404 0.9480 0.9481 Euro 1.7383 1.7399 1.3298 1.3300 NZ dollar 0.9943 0.9957 0.7606 0.7611 Sterling pound 2.0165 2.0186 1.5426 1.5430154 words
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Article22 2011-10-06 31 Oct 5 S$ Bid Offer 1-month 1.3071 1.3082 2-months 1.3070 1.3081 3-months 1.3064 1.3076 6-months 1.3040 1.3052 Source: OCBC22 words
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Article121 2011-10-06 31 As at 9am Oct 05 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.275 1.215 Can dollar 1.264 1.216 Euro 1.773 1.705 Sterling pound 2.059 1.98 NZ dollar 1.02 0.972 US dollar 1.33 1.279 Local dollars to 100 units of foreign121 words
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Article154 2011-10-06 31 Oct 5 $S Offer Bid 0vernight 0.02 0.01 1-month 3/16 1/16 2-months 3/16 1/16 3-months 1/4 1/8 Overnight mode: 0.01 US$ 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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BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
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Article, Illustration1010 2011-10-06 32 AMIT ROY CHOUDHURY - Savvis’ president feels moving IT infrastructure to cloud inevitable, reports AMIT ROY CHOUDHURY SINGAPORE IT leaders, like their counterparts elsewhere, are looking to reduce costs and achieve maximum return on their investments, notes the head of Savvis, which provides IT solutions to enterprises and1,010 words
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715 2011-10-06 32 VICTORIA HO - By VICTORIA HO RIDING on growing IT budgets in the Republic, Singapore’s firms are expected to pick up the pace next year and spend an estimated $18.4 billion on IT in 2012, compared to this year’s $16.9 billion. Providing these715 words
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Article, Illustration662 2011-10-06 32 VICTORIA HO - <IT View> VICTORIA HO Reporter APPLE’Sannouncementyesterday of the iPhone 4S brings its latest mobile phone offering up to speed with smartphone competitors, but alas, doesn’t do much to get its devices into developing markets. The new device is a souped662 words
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Page 32 Advertisements
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Advertisement1029 2011-10-06 32 `;!,|@+$]["<,'{,($__`/")!?+[{/- CHINA HONGCHENG HOLDINGS LIMITED (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of CHINA HONGCHENG HOLDINGS LIMITED (the “Company”) will be held at Changi Room, Samsung Hub, 3 Church Street, Level 8, Singapore *****3 on Friday, 28 October 2011 at1,029 words
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PROPERTY
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Article, Illustration499 2011-10-06 33 Retired decorator inspired by book about Vatican paints the murals himself AFP [BRIGHTON, UK] A retired British decorator has transformed his home by covering its interior in renais-sance-style murals to emulate the Sistine Chapel after being inspired by a book about the Vatican. RobertAFP; AFP photo - 499 words
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1517 2011-10-06 33 Househunt PROPERTY TRANSACTIONS FOR DISTRICTS 1 TO 20 WITH CONTRACT DATES BETWEEN SEPT 7 AND SEPT 13, 201 1 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED One Shenton Apt 13/09/2011 99 1098 2471 2250 One Shenton Apt 13/09/20111,517 words
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722 2011-10-06 34 High inflation and interest rates, govt-imposed credit squeeze take their toll AFP [HO CHI MINH CITY] Four years after a real estate boom that saw investors camp out on the streets waiting to pay cash for unbuilt apartments, Vietnam’s once-hot property market has caughtAFP - 722 words
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Article, Illustration775 2011-10-06 35 Data shows home sales slowing in many cities as credit crunch bites Xinhua [BEIJING] After nearly two years of government efforts to cool China’s rampant property market, prospective homeowners are finding that housing prices may fall within their reach before long. HomeXinhua; PHOTO: REUTERS - 775 words
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905 2011-10-06 36 KALPANA RASHIWALA - It is 9th in a field of 25, at US$10.8b; leaders are New York and London By KALPANA RASHIWALA [SINGAPORE] Gateway Asian cities feature prominently in Cushman Wakefield’s report on the biggest and fastest-growing cities in real estate investment for the year ended905 words
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337 2011-10-06 36 MINDY TAN - Each owner of the 288 residential and 2 commercial units stands to get some $3m By MINDY TAN [SINGAPORE] Pacific Mansion estate, a freehold residential development located at River Valley Close, has been put up for collective sale by tender with an indicative337 words
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233 2011-10-06 36 Bloomberg [SYDNEY] Carlson Cos, owner of the Radisson brand, plans to introduce Park Inn by Radisson hotels into the Asia-Pacific region and open more than 20 hotels under the brand by 2015 as part of a global expansion. The group willBloomberg - 233 words
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Page 33 Advertisements
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Advertisement43 2011-10-06 33 (CEA Registration No. R*****4H) Henry Lim Mobile: 9002 6635 Email: henry.lim@jllassoc.com Your Industrial Needs Our Industrial Expertise Savills has over 200 offices and associates worldwide to meet all your real estate needs, anywhere in the world. Call 6836 6888 savills.com AGENCY NO. L*****88B43 words
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Advertisement518 2011-10-06 34 Tiong d a o R Redhill MRT Station Jalan n o s r e Gan Eng Seng Secondary School B a h ru R o a d Henderson Secondary School Bukit Food Centre o a dE xahge Bukit Merah Bus Interchange R d n e H ad Food Centre Ro518 words
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Advertisement253 2011-10-06 34 Perth CBD gem Western Australia Secure your position in the nation’s tightest office market FOR SALE 10 Victoria Avenue, Perth, WA Land Area: 744sqm* NLA: 1,596sqm* Building has been substantially refurbished Good flow on depreciation benefits Leased until September 2012 Perth CBD vacancy currently 5.4%* Perfect way to enter the253 words
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Advertisement243 2011-10-06 35 JONES LANG LASALLE FOR SALE BY PUBLIC TENDER Jones Lang LaSalle Property Consultants Re Ltd CEA Licence No. L*****26E Freehold Residential Redevelopment Site along Marine Parade Road Site Area: 2,395.7 sqm 25,787sq ft Zoned Residential, plot ratio 2.1 (up to 24 storeys) Unobstructed sea view Approx. 15 minutes drive to243 words
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Advertisement192 2011-10-06 35 1 flljl s; That Corner at Blair Heritage Commercial Conserved Opposite Singapore General Hospital Unique Heritage Building/mixed use Retail/Residential/Wine Bar/Kitchen Freehold/PRs eligible/Outram MRT Call 6222 5055 Principals Please Wide Range Heritage Homes available t 9saf>elJZeJrup Jiyenctj Agency Licence No: L*****87E www.isabelredrup.com/ir6.php District 9 Emerald Hill Address For The Privileged Few192 words
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Advertisement441 2011-10-06 35 gWILBY 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.com A MEMBER OF TAN CHONG INTERNATIONAL WILBY ESTATE it441 words
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Advertisement263 2011-10-06 36 enjoying a home loan without paying interest vV I am We are providing innovative solutions that give you more •X"" r L* i £5 iih GIDBAL FINANCE Safest Bank in Asia 2009, 2010 2011 I Mortgage Advantage I t Introducing Mortgage Advantage, the first multi-currency deposit linked mortgage that allows263 words
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