The Business Times, 3 November 2011

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Total Pages: 78
1 44 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Thursday, November 3,
    23 words
  • 479 1  -  Winding down of MFGS does not pose systemic stability concerns, says MAS By FELDA CHAY [SINGAPORE] Provisional liquidators of MF Global Singapore (MFGS) are working to verify the brokerage’s customer records of monies and assets and ensure that these are in order, said
    REUTERS  -  479 words
  • 142 1 GST INDEX 2,834.75 (+45.40) GST INDEX FUTURES 2,831 (+46) GSIMSCI 324.38 (+6.62) GSIMSCI FUTURES 323.90 (+6.60) FOREX US$ S$ US$ (S$ per US$) 1.270 (US$/S$ per 1.599 2.031 EURO (US$/S$/E) 1.376 1.747 Foreign currency per US$ S$ YEN 78.10 61.50 RM 3.126 2.461 HK$ 7.770 6.117 BAHT 30.81
    142 words
  • 860 1  -  Pinnacle Notes investors’ lawsuit against Morgan Stanley to proceed in New York By GRACE LEONG A GROUP of Singapore investors of Morgan Stanley’s failed Pinnacle Notes have scored a major legal victory after a US federal judge ruled that their class
    860 words
  • Page 1 Advertisements
    • 65 1 COMPANIES DBS earnings for Q3 up 6%; UOB profit down 24.2% PAGE 5 WORLD ENTREPRENEURSHIP FORUM Making it easier to take the plunge into business PAGE 12 Entrepreneurship as a creator of wealth and social justice PAGE 13 NTU helps turn dreams into reality PAGE 11 Who’s Who in Property
      65 words
    • 12 1 PROPERTY HDB’s new roadmap for next 5-10 years PAGE 10 *****1 *****4
      12 words
    • 145 1 BizIT Social engineering still scourge of IT security PAGE 28 NEW LISTINGS Parkson Retail Asia IPO oversubscribed PAGE 7 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-changing moments that
      145 words

  • TOP STORIES
    • 553 2 Burnt S’pore investors get their day in US sun A GROUP of Singapore investors of Morgan Stanley’s failed Pinnacle Notes scored a major legal victory after a US federal judge ruled the class action lawsuit can proceed in New York after finding that most of the alleged fraud
      553 words
    • 608 2  -  Court of Appeal upholds High Court’s ruling that DBS owes investors nothing By MICHELLE QUAH [SINGAPORE] The 213 investors who brought a lawsuit against DBS Bank over its DBS High Notes 5 product have lost their case before the Court of
      608 words
    • 414 2 Bloomberg [NEW YORK] Federal Reserve policymakers have raised their assessment of the economy while saying “significant downside risks” remain and refrained from taking any additional steps to ease monetary policy. “Economic growth strengthened somewhat in the third quarter, reflecting in part a reversal of
      Bloomberg  -  414 words
    • 543 4  -  By PAULINE NG By in Kuala Lumpur MALAYSIA is getting serious about positioning itself as a regional hub in petroleum trading and storage. Trading companies in the sector need only pay a flat corporate tax rate of 3 per cent of chargeable income.
      FILE PHOTO  -  543 words
    • 695 4  -  European Financial Stability Facility’s bond issue delayed as EU leaders meet Papandreou By NEIL BEHRMANN in London A THREE billion euro (S$5.27 billion) bond issue of the European bailout fund has been delayed because of the crisis surrounding the proposed
      AP FILE PHOTO  -  695 words
    • 474 4  -  It is ranked 26th in the UN index out of 187 countries for the progress it has made By CHUANG PECK MING [SINGAPORE] The Republic has come up “very high” on the United Nations’ 2011 Human Development Index, a measure of the progress a country
      474 words
    • 262 4 LATEST US DATA Reuters [NEW YORK] US private employers added more jobs than expected in October, and more were added in September than originally reported, while a separate report showed planned layoffs dropped sharply last month, easing concern of a stagnating recovery. The
      Reuters  -  262 words
  • Page 2 Advertisements
    • 818 2 f I 1*. at M.I.C.E. HAVEN: Advertising Feature a* 9l 9* f SOUTH KOREA SHINES AS THE TOP MEETING SPOT! In the second of a 3-part series on holding MICE events (meetings, incentive trips, conventions and exhibitions) in South Korea, we present more scenic cities in the Eastern, Central, South-eastern
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  • Page 3 Advertisements
    • 55 3 Time waits for no one. But for you, it will stand still. While the world plays queue-up, you breeze right through. However long a journey, the distance will never show on you. For when you travel, there’s a card that looks after everything for you. HSBC Visa Infinite. For those
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  • Page 4 Advertisements
    • 214 4 I Best Retail Broker Award 2011 s i. 2 1 Your Trusted CFD provider since 2003 Good reasons to trade with Phillip CFD, Singapore's largest CFD provider*: Clients' funds are kept safe in separate trust account 2 modes of CFD trading: Shares CFD Direct Market Access (DMA) CFD More than
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  • COMPANY NEWS
    • 806 5  -  The growth in loans more than makes up for lower loan margins BANK EARNINGS By EMILYN YAP DBS Group Holdings’ third-quar-ter net profit rose 6 per cent year on year and 4 per cent quarter on quarter to $762 million, beating market
      LIANHE ZAOBAO  -  806 words
    • 561 5  -  By SIOW LI SEN UNITED Overseas Bank yesterday reported an unexpected 24.2 per cent fall in third quarter net profit to $522 million due to lower trading income, a loss on its investment holdings and the absence of a one-time gain. In Q3
      561 words
    • 232 5  -  By KELLY TAY ALMOST three years after it acquired King’s Safetywear Ltd (KSW) for $97.1 million, private equity firm Navis Capital Partners yesterday announced that it has sold its stake in the Sin-gapore-based industrial safety footwear maker for $430 million. The buyer is Honeywell
      232 words
    • 433 6  -  Provisions jump 72% to $47.4m over expected losses on construction projects By LYNN KAN COSCO Corporation’s third-quarter earnings were driven down 42 per cent to $33.2 million from $55.1 million last year, as the bulk shipping group failed to curb higher
      BLOOMBERG  -  433 words
    • 376 6  -  Securities daily average value up 1.6% at $1.37b By JAMIE JAMIE LEE OCTOBER’S trading activity in the securities market stepped up gingerly over the month, amid sparks of hope that the eurozone crisis can be contained. While overall turnover value in the securities
      376 words
    • 316 6 Reuters [SINGAPORE] Singapore’s Second Chance Properties Ltd, which started out as a retailer of traditional Malay clothes and gold jewellery, has set its sights on real estate to fuel its next phase of growth. The company is betting that eurozone sovereign debt
      Reuters  -  316 words
    • COMPANY BRIEFS
      • 151 6 BROADWAY Industrial Group reported a net loss of $9.9 million for its third quarter ended Sept 30, 2011, due to net foreign exchange losses of $13.2 million. The group said that excluding its forex losses, comprising mainly of unrealised MTM foreign exchange losses, the
        151 words
      • 147 6 BAKER Technology reported a surge in net profit for the third quarter ended Sept 30, 2011. On the back of higher gross profits, a writeback of un-utilised warranty provision of $1.4 million and a foreign exchange gain of $3.0 million, net profit for
        147 words
    • 371 7  -  They’ve ‘toughened up’ from last global financial crisis, says S&P By MICHELLE TAN ASIA-PACIFIC real estate investment trusts (Reits) are in a good position to withstand jittery conditions ahead, says Standard Poor’s (S&P). With sound balance sheets and diversified funding sources,
      371 words
    • 529 7  -  Firm issues 22.05m more shares under over-allotment option NEW LISTINGS By DOLLY CHIA PARKSON Retail Asia’s initial public offering (IPO) of 147 million shares at 94 cents has been oversubscribed, resulting in an additional 22.05 million shares being allotted under an over-allotment option. The original
      529 words
    • 416 7  -  It’s placing 31m new and vendor shares at 20.5 cents apiece By DOLLY CHIA MECHANICAL and electrical (M&E) engineering services group Libra Group has launched its initial public offering, with plans to use the Catalist listing as a spring board
      416 words
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  • Page 6 Advertisements
    • 330 6 II III! (li"!!Sg;ii t H a •1 mm GROUP LIMITED t Si LIBRA GROUP LIMITED (Company Registration No.: *****2364R) Incorporated in the Republic of Singapore on 20 October 2010) h IB ?J mh'-m ■Sssi'iSBi BlSii LIBRA GROUP LIMITED, THROUGH ITS SUBSIDIARIES, PROVIDES INTEGRATED MECHANICAL AND ELECTRICAL ENGINEERING ("M&E") AND MANUFACTURING
      330 words

  • Page 7 Advertisements
    • 200 7 www.vw.com.sg »^)i SB S$a33W^, <oei 7 tiitir VsjtA' =t*»it»ys?gtyj: nJ>3£ .ss* IHi? ***** V .r: i- *:*:-?*r: asMtfaidftdlridBfe -■^■Y^-.-.;sV^T^^®!?»^rafe5«e.• I W« 3fe??§k iSa»4»i.vE t i.^SaSSS^fe, r r J <"■«■•» ,«••>—■fyr"*, ■—-r"?.s5Q---3! but' New Sharan. The ultimate MPV. Class-leading performance. The Sharan has a 2.0 TSI engine with 200 bhp and
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  • SINGAPORE MARKETS
    • 588 8  -  Alternatively, there could have been ‘buying in anticipation’ ahead of US Fed statement STOCKS R SIVANITHY Senior Correspondent THE local stock market yesterday either benefited from a bout of global short-covering and/or buying in anticipation of the US Federal Reserve making a significant announcement at
      Source: Bloomberg  -  588 words
    • 113 8 Stock name Close Change CapMallsAsia 1.375 +0.040 CapitaLand 2.710 +0.070 CapitaMall 1.790 CityDev 10.450 +0.250 ComfortDelGro 1.420 +0.025 DBS Grp 12.430 +0.450 F&N 6.120 +0.030 GLP 1.715 -0.010 Genting SP 1.740 +0.060 Golden Agri 0.660 +0.020 HK Land 4.930 -0.280 JMH 50.420 +0.760 JSH 30.150 -0.250
      113 words
    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 1 4 0 0 0 9 1 4 Manufacturing 62 45 29 5 7 8 67 52 37 Commerce 22 12 9 5 1 2 27 13 11 Tpt/Stor/Comms 23 7 7
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    • 119 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 34,498 34,498 151,131 151,131 Manufacturing 217,194 3,611 220,805 239,297 74 239,371 Commerce 165,899 4,516 170,415 214,636 392 215,029 Tpt/Stor/Comms 152,852 23,072 175,924 186,571 2,700 189,271 Finance 26,182 26,182 262,840 262,840 Construction 74,049 4,993 79,042 22,486
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    • 4 8 DAILY
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    • 66 8 Nov 2 VALUE CLOSE BT OB/OS 368.00 +357.0 BT CADI -*****.00 +105.0 BT 10-day MA -*****.00 +37.00 FTSE ST Mid Cap 628.95 +7.80 FTSE ST Small Cap 427.31 +6.30 FTSE ST All Share 680.52 +10.47 FTSE ST China Top 197.73 +1.97 FTSE ST China 235.50 -0.20 FTSE
      66 words
    • 57 8 VOLUME MDR W*****5 451,293,000 MDR 168,497,000 SingXpress R 132,580,000 Noble Grp 97,520,000 Genting SP 84,669,000 Golden Agri 72,153,000 PSL Hldgs 51,338,000 CNMC 36,864,000 NexGenSCom 29,036,000 Yangzijiang 24,857,000 VALUE($) Noble Grp 146,207,165 Genting SP 143,155,300 Keppel Corp 118,287,307 DBS Grp 106,236,816 UOB 74,226,016 Wilmar 64,597,070 SingTel 61,397,850 OCBC
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    • BROKERS’ TAKE
      • 347 8 Nov 2 close: $1.12 Citi Investment Research, Nov 1 WE LOWER estimates and TP and reiterate “sell”. Q3 2011 loss of US$91 million was worse than our US$50 million loss expectation, due to much weaker-than-expected Transpacific volumes. The industry-wide rate deterioration has largely been a result of
        347 words
      • 476 8  -  Compiled by JAMIE LEE Nov 2 close: $1.21 OCBC Investment Research, Nov 2 OSIM International reported Q3 2011 results which fell short of our below-consensus estimates. Revenue grew 5.9 per cent year on year but declined 10.8 per cent quarter on quarter to $123.6 million; while net profit
        476 words
      • 135 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
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    • 465 8 CURRENCIES Reuters [LONDON] The euro edged up yesterday, rebounding from a three-week low against the dollar as investors took a breather from a deep sell-off in the previous two days, although it was vulnerable to the downside on jitters over Greece’s referendum. The euro
      Reuters; REUTERS  -  465 words
    • 109 8 BY CENTS CLOSE UP GLD 10US$ ***** 316.2 1.5 DBXT FTChina25 10US$ 2744 116.8 3.5 JMH 5042 96.5 1.5 Jardine C&C 4550 54.0 1.2 DBS Grp 1243 45.0 3.8 Lyxor China H 10US$ 1331 43.2 2.6 OCBC Bk 5.1%NCPS 100 ***** 40.0 0.4 DBXT MSEurope 10US$ 4099 30.5 0.6
      109 words
    • 127 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-124.4 -0.9 SIA.ES.1111 1110 -76.0 -6.4 DBXT SPASX200 10US$ 3247 -73.7 -1.8 DBXT MSMSIA 10US$ 1225 -54.6 -3.4 IS DJ US Tech 6506 -45.7 -0.6 DBXT MSAsExJp 10US$ 2880 -43.2 -1.2 DBXT MSBrazil 10US$ 611 -39.4 -4.8 IS MSCI Spore 1180 -39.4
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    • 5 8 DAILY
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    • 66 9 1 v Y: > r ft k. am m T ii E 8 t/) <n o -Q o CT> 13 .K I >}?. L% 00 d o d o CO CO O I O d D .}> CO t > CO J,-' 'I O i N f MM? mm HUG
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  • SINGAPORE NEWS
    • 678 10  -  Challenging market, eurozone woes prompt move; plans could be revived in a year or two: CEO By RONNIE LIM BECAUSE of the “challenging” market, not helped by current eurozone woes, Renewable Energy Corporation is putting on hold a second phase expansion of
      YEN MENG JIIN  -  678 words
    • 429 10  -  By AMIT ROY CHOUDHURY IBM, which celebrated its 100th year of existence at a gala event yesterday, has announced a partnership with the Institute of Systems Science (ISS) to set up a Centre of Excellence for Enterprise Social Business. Janet Ang, IBM
      429 words
    • 226 10 THE Central Provident Fund Board is inviting investment consultancy firms to bid for the provision of continued consultancy services under the CPF Investment Scheme (CPFIS). With CPFIS, members looking for potentially higher returns on their CPF savings can invest in a variety of market instruments.
      226 words
    • 496 10  -  JOYCE HOOI IN land-scarce Singapore, after building upwards comes building on water. The Economic Development Board (EDB) is going to look at how it can float solar photovoltaic systems in the country’s reservoirs, instead of fitting them conventionally on rooftops. The
      496 words
    • 417 10  -  To be nominated, candidates will have to fulfil certain criteria By LEE U-WEN FROM now until Dec 8, the public can submit to Parliament the names of Singaporeans whom they feel are suitable to be appointed as Nominated Members of Parliament (NMP). Candidates
      417 words
    • 452 10  -  It can be a game changer in the building industry By UMA SHANKARI THE Housing Development Board (HDB) yesterday released a new roadmap that sets out the key priorities for the government agency over the next 5-10 years. HDB
      452 words
    • SINGAPORE ROUNDUP
      • 70 10 NANYANG Technological University, Royal Philips Electronics, and JTC Corporation are collaborating to improve and upgrade a newly-developed LED smart grid lighting system which has been tested to save up to 45 per cent of energy, when compared to conventional fluorescent lighting. The
        70 words
      • 65 10 THE Food Innovation and Resource Centre at Singapore Polytechnic yesterday unveiled its new $7 million premises. With a combined floor area of 1,500 sqm, the facility comes with an all-new pilot plant with state-of-the-art processing and packaging equipment. This will allow local
        65 words
      • 48 10 THE Malay Heritage Centre has embarked on its next phase of redevelopment which involves refurbishment works to the museum. These will house a new permanent exhibition as well as two temporary exhibition galleries, a new visitors’ centre, and a flexible performance space.
        48 words
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  • FOCUS: WORLD ENTREPRENEURSHIP FORUM
    • 895 11  -  NTU has been active in promoting entrepreneurial education and the results are starting to bear fruit, reports NARENDRA AGGARWAL reports NARENDRA AGGARWAL AFTER actively promoting entrepreneurial education for about a decade, Singapore’s Nanyang Technological University (NTU) is quite pleased with the outcome of its efforts so
      FILE PHOTO  -  895 words
    • 1195 12 ACE chairman Teo Ser Luck tells FELDA CHAY his ideas for helping Singaporeans to go down the entrepreneurship route SINGAPOREANSdreamanddream big. But unfortunately for some, it stops there. That, at least, is what recently appointed Action Community for Entrepreneurship (ACE) chairman Teo Ser
      YEN MENG JIIN  -  1,195 words
    • 834 12  -  By NARENDRA AGGARWAL BIG automotive companies like Volvo Cars and Volvo Trucks, as well as many major chemical companies such as Akzo Nobel and Eka Chemicals are based in Sweden’s Gothenburg region. These companies attract many subcontractors, which in turn has a
      834 words
    • 642 12 INSTEAD of viewing the poor at the bottom of the pyramid (BOP) as mere recipients of charity, perhaps it is time to see them as customers and partners in entrepreneurship, who can contribute to poverty alleviation, according to two think-tank members of the World Entrepreneurship
      642 words
    • 987 13  -  Building up a critical mass of entrepreneurs will help communities weather the economic storms ahead By PATRICK MOLLE Patrick Molle is the president of EMLYON Business School and co-president of the World Entrepreneur ship Forum [SINGAPORE] The World Entrepreneurship Forum was created four
      PATRICK MOLLE  -  987 words
    • 923 13  -  Entrepreneurial cities act like vital ecosystems for ideas people to change the world By NARENDRA AGGARWAL [SINGAPORE] As the world’s population is projected to grow to 10 billion in 2100 with the majority of the people living in urban communities, cities will
      923 words
    • 523 13 This article is contributed by the Action Community for Entrepreneurship (ACE) SMALL in size, big on sound the X-mini Capsule Speaker is the brainchild of Ryan Lee, whose love of gadgets led him to create the smallest pocket-size speaker with the fullest sound possible in
      523 words
  • Page 11 Advertisements
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      122 words



  • ECONOMY WATCH
    • 444 14 Govt faces demand for scientific studies on land impact AFP [SYDNEY] Australia’s fragile minority government yesterday tabled legislation for a controversial “super tax” on the country’s mining boom, as a crucial lawmaker held out on supporting the reform. The government initially wanted a
      AFP  -  444 words
    • 575 14 If Congressional panel fails to reach deal, spending cuts will hit economy AFP [WASHINGTON] Even as Europe’s debt crisis spirals out of control, Wall Street is casting an eye on a fast-ap-proaching congressional deadline that could spark a debt crisis this
      AFP  -  575 words
  • Page 14 Advertisements
    • 2395 14 >©" MAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices DATAPULSE TECHNOLOGY LIMITED (Incorporated In The Republic Of Singapore) Company Registration No. *****2677D NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the thirty-first annual general meeting of the Company will be held at The Pines, Grand Ballroom 1, 30
      2,395 words
    • 42 14 NOW AVAILABLE FOR ALL MOBILE DEVICES Big Walk goes mobile Download from the App Store or visit www.tnpbigwalk.com on your mobile device Organiser: Title sponsor: Latest news on Big Walk Latest promotions and discounts from our generous sponsors On Air Partner: Partners:
      42 words

  • MALAYSIA/INDONESIA
    • 521 15  -  Disaster could strike if public debt balloons without revenue growth ByS JAYASANKARAN in Kuala Lumpur A MALAYSIAN minister said yesterday that the government could face financial disaster within a decade if it spent borrowed money on operational expenditure such as subsidies instead
      521 words
    • 419 15 Reuters [NEW DELHI] India is willing to sell 500,000 tonnes of rice to Indonesia, Food Minister KV Thomas said, but also wants the South-east Asian country to cut its export tax on crude palm oil which has threatened the domestic industry.
      Reuters  -  419 words
    • 351 15 Bloomberg [HONG KONG] PT Bakrie Brothers, controlled by Indonesian billionaire Aburizal Bakrie, said it has agreed to sell part of its stake in coal producer Bumi plc to PT Borneo Lumbung Energi Metal for US$1 billion in cash to
      Bloomberg  -  351 words
  • Page 15 Advertisements
    • 281 15 BE sir. THE]LEADING;BUNGAL0W SPECIALIST/ PI isS Sole Agent: 5 tsnsppt Bl Nostalgic Cottage Kilburn Estate as 'TMrtBf' Build an empire on this 2(>500sqft land sprawling through a hilltop with a view that is breathtakingly awesome fcalin610(J0080l BBinJaiEstatel Eissoomooo!askv$1818 M M lib 9007/QsoQlas K 2 2*. 8 M S 7 />9
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  • GREATER CHINA/INDIA
    • 374 16 US says it has not opened its financial services markets Reuters [WASHINGTON] The United States criticised China on Monday for failing to implement commitments to open its financial services markets that it made a decade ago in order to join the World Trade Organization (WTO).
      Reuters  -  374 words
    • 387 16 Govt’s 140b rupee fund infusion in state-run lenders will also cover bad loans Bloomberg [NEW DELHI] India will invest an additional 140 billion rupees (S$3.62 billion) in lenders it owns including State Bank of India (SBI), the nation’s largest, to help boost capital and
      Bloomberg  -  387 words
    • 503 16 Beijing will be flexible in dealing with domestic and foreign challenges Reuters [BEIJING] China’s economy is on the right track and the government will take a flexible policy approach in dealing with the risks it faces, Vice-Finance Minister Li Yong said yesterday. He
      Reuters  -  503 words
  • Page 16 Advertisements
    • 1843 16 TEHO INTERNATIONAL INC LTD. (Company Registration Number *****1433K) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING Further to the announcements made on 19 October 2011, 27 October 2011 and 31 October 2011 on SGXNET, NOTICE IS HEREBY GIVEN that the Annual General Meeting of TEHO INTERNATIONAL INC
      1,843 words
    • 33 16 2020 VIS ON SINDA turns 20 and has big plans for the Indian community in the next decade KARISMA’S COMING BACK, SHILPA’S TAKING A BREAK GETYOUR COPYTOMORROW FROMALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
      33 words
    • 1 16 GETITNOW
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  • WORLD
    • 571 17 Wells Fargo, JPMorgan Chase also back away from plans to levy similar charges NYT [NEW YORK] Bank of America blinked on Tuesday. The bank, the nation’s second largest, said that it was abandoning its plan to charge customers a US$5 fee to use
      NYT  -  571 words
    • 244 17 Homeowners may be compensated for flawed foreclosures AFP AP [WASHINGTON] US officials have launched an independent review process in which individuals can challenge foreclosures carried out by 14 major lenders in the wake of the 2008 financial crisis. Independent consultants would assess if borrowers lost
      AFP; AP  -  244 words
    • 329 17 AP [LONDON] WikiLeaks founder Julian Assange yesterday lost his appeal against extradition to Sweden to answer sex crime allegations after judges rejected claims that moves to return him to Scandinavia were unfair and unlawful. Judges John Thomas and Duncan Ousely said that Mr Assange should
      AP  -  329 words
    • 622 18 The president, as well as industry groups, call for immediate action Reuters [ROME] Italian President Giorgio Napolitano and the country’s main business and banking associations on Tuesday ratcheted up the pressure on Prime Minister Silvio Berlusconi to act immediately on promised reforms. After a
      Reuters  -  622 words
    • 384 18 Bloomberg [LONDON] Global finance ministers don’t support a proposed European Union (EU) tax on financial transactions, UK Chancellor of the Exchequer George Osborne told banks in a letter addressing their concerns over the levy. Mr Osborne said it was clear after a
      Bloomberg; REUTERS  -  384 words
    • 423 18 Reuters [LONDON] Standard Chartered Plc said its income should grow by at least 10 per cent this year to put it on track for a ninth straight year of record earnings, although problems in India saw growth slow in the latest
      Reuters  -  423 words
    • 583 18 NYT [LONDON] Even as Britain hopes for an end to the debt crisis plaguing the eurozone, it also fears an outcome that might threaten its influence in the European Union and London’s role as a financial centre. And the broad market sell-off this week on
      NYT  -  583 words
    • 536 19 GNP loses grip as popular vote goes to civilians without political affiliations [SEOUL] The death knell for conservative rule is getting louder by the day in South Korea, where voters are rejecting the big-busi-ness friendly policies of the government and demanding a fairer share
      AP  -  536 words
    • 283 19 Move is part of plan to triple cost cuts to US$1.2b following its quarterly loss [TOKYO] Nomura Holdings, Japan’s largest brokerage, said that it will consider eliminating jobs at home as part of a plan to triple cost cuts to US$1.2 billion following
      283 words
    • 616 19 GUH Holdings looks ahead while doing its thing A special series brought to you by Bursa Malaysia and ShareInvestor Few investors have heard about GUH Holdings, a small firm listed on the main board of Bursa Malaysia. They should. The Penang-based firm is basically a manufacturer
      616 words
    • 216 19 Reuters [TOKYO] Bank of Japan board member Sayuri Shirai has warned that global financial markets are likely to remain under intense strain as there is little chance that Europe’s debt problems will be resolved soon. Ms Shirai said that she was particularly
      Reuters  -  216 words
    • 217 19 Bloomberg [LONDON] Lloyds Banking Group chief executive officer Antonio Horta-Osorio is taking leave of absence from his duties following medical advice, and will be replaced in the interim by finance director Tim Tookey. “Tookey has been appointed interim group
      Bloomberg  -  217 words
  • Page 17 Advertisements
    • 420 17 LAB SERIES SKINCARE FOR MEN i■ COMBAT 5 SIGNS OF HAIR AGING 1 PROMOTES THICKER AND FULLER LOOKING HAIR PRESERVES MOISTURE LEVELS INVIGORATES AND REFRESHES SCALP ENHANCES SHINE AND LUSTER HELPS TO FIGHT HAIR BRITTLENESS LAB NEW ROOT POWER SYSTEM CHARGED UP FOR MEN NEW ROOT POWER SYSTEM LAB SERIES
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  • Page 18 Advertisements
    • 585 18 >®' KAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices (Registration No. *****1039W) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of shareholders of San Teh Ltd (the “Company”) will be held at Grand Mercure Roxy Hotel, Amber Room,
      585 words
    • 235 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TONBO PRIVATE LTD (In Members’ Voluntary Liquidation) (Co. Reg. No: *****1612R) (“the Company”) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that, pursuant to Section 308 of the Companies Act, Cap 50., the Final Meeting of
      235 words
    • 244 18 THE COMPANIES ACT, CAP. 50 YXY INVESTMENT PTE. LTD. (UEN *****5278M) (In Members'Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company held on 1 November 2011, the following Special Resolution was duly passed WINDING UP THAT the Company be wound up voluntarily pursuant to Section 290(1 )(b) of
      244 words
    • 126 18 CENTALINE PROPfflTY sg.centanet.com Centaline (Singapore) Property Agency Pte. Limited CEA Licence No.: L*****36Z Office Space for Sale Suntec Office Tower 1 High Floor, Whole Floor unit, estimated 10,097sqft Tenanted till 2015 S27.8M ($2753psf) GB Building Cecil Street High Floor, Whole Floor unit, estimated 5425sqft $10.75M ($1980psf) GB Building Cecil Street
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    • 58 19 SOUND SLEEP At Eastin Hotel Petaling Jaya, our 388 rooms are completely renovated and refurbished to provide you with luxurious comfort and convenience, ensuring you a deeper and refreshing sleep after a busy and stressful day. Come and experience this totally new soothing ambience, perfect for the discerning business leisure
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  • EDITORIAL & OPINION
    • 857 20  -  The FSB needs to be equipped with more teeth to carry out its responsibilities effectively By OLIN WETHINGTON The writer is a former US assistant secretary of the Treasury, a member and director of the Council on Global Financial Regulation (http://www. c-gfr. org) THE G-20
      REUTERS  -  857 words
    • 846 20 THE BOTTOM LINE “HISTORY is being written here in Cannes,” proclaim banners fluttering along the groomed boulevards of the city in southern France, welcoming the political leaders of a score of the world’s leading advanced and emerging economies gathering for
      846 words
    • 470 20 EDITORIAL THE complex task of dealing with the country’s worst flooding in 50 years was surely not how Thai Prime Minister Yingluck Shinawatra and her new government would have hoped to spend their first few months in office. As if the sheer scale and unpredictability of
      470 words
    • 1117 21  -  Not only is it proving unable to resolve its sovereign debt crisis, it also doesn’t want to tackle its other big issue By SHAHID JAVED BURKI The writer, a former Pakistani finance minister and World Bank vice-president, is visiting senior research fellow at
      REUTERS  -  1,117 words
    • 972 21  -  G PANICKER The writer was formerly with BT’s foreign desk LATER this month the global warming problem will come to the fore at Durban. Among the issues the meeting must settle is how to promote a technological fix for man-made
      BLOOMBERG  -  972 words


  • AVIATION
    • 475 22  -  S’pore is working on new initiatives such as collaborative decision making By VEN SREENIVASAN THE rapid growth of aviation in the Asia-Pacific makes it imperative that air navigation services providers (ANSPs), airlines and other industry stakeholders re-examine the way operations are conducted
      475 words
    • 401 22  -  By VEN SREENIVASAN IN a move to challenge the dominance of competitors like Singapore Airlines, Qantas, Lufthansa and British Airways on the AsiaMiddle East-Europe route, Dubai’s Emirates airline has boosted its SingaporeDubai capacity 25 per cent with five additional weekly flights. This
      401 words
    • 664 22 Reuters [SYDNEY] Australia’s Qantas Airways Ltd has seen its share of suitors knocking on the company’s cabin doors before, and with the stock trading at record lows, now may seem to be a good time to welcome a white knight. However, a
      Reuters; AFP  -  664 words
    • 229 22 AP [CANBERRA] Australian police are investigating the suspected sabotage of the entertainment system on a Qantas Airways airliner during an ongoing bitter labour dispute between the airline and the aircraft maintenance union, officials said yesterday. Engineers noticed several wires were cut on the
      AP  -  229 words
  • Page 22 Advertisements
    • 21 22 How to run a business without running out of ideas SMENov/Decissueoutnow! Producedby +Aroundtheworldintheirshoes:Charles&Keithtracksacrosstheglobe. +0=4<;<<48,!<.",<41;19,!<.#’!4<<,1<;.1( +6.7<.1,".<;4<,-,45!41-2:;5-#,54<;.1!=;%!;1*=;14( +6.7<.!;&,:%3.:#%.<,1<;45-;!<#;2:<.#( +)4#<1,#;1"$.#!://,!!( AvailableatCaltex,Esso,ShellandSPCpetrolstations, 7ElevenandCheersstoresandleadingbookstores Tosubscribe($30forsixissuesdeliveredtoyourofficeorhome),pleasecall6388-3838. GetacomplimentarycopyifyouareaTNTclient,whilestockslast!
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  • Page 22 Miscellaneous
    • 341 22 CRYPTIC CROSSWORD Across 1 Those taking a tumble when intercepted by moving boot? (11) 7 Rubbish available from Pedro’s store (5) 8 It’s hard to come down on planet —-unsuitable territory to alight on! (9) 10 Wife and I and child going to a city in Kansas (7) 11 Resentment
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  • 2891 23 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination
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  • Page 23 Advertisements

  • SHIPPING
    • 492 24 Oil firms book 42 ships for Mid-East cargoes, down from 55 in the prior week Bloomberg [LONDON] A surplus of the largest crude-oil carriers competing to load two-million-barrel cargoes at Persian Gulf ports expanded as available ships overwhelmed demand, a survey showed. There
      Bloomberg  -  492 words
    • 474 24 Bloomberg [LONDON] Shipping lines are losing a record US$141 for each container they haul to Europe from Asia, the world’s second-largest trade route for the boxes, as slowing economies dent demand, ACM/GFI said. Companies are losing money even at a freight rate of
      Bloomberg  -  474 words
    • 227 24 Bloomberg [LONDON] Rio Tinto Group, the world’s second-largest mining company, aims to almost double the amount of commodities shipped on vessels that it owns or hires to get iron ore and coal to customers more quickly. Ocean freight haulage on ships that it controls
      Bloomberg  -  227 words
    • 463 24 Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates to ship dry commodities, fell to its lowest in nearly a month on Tuesday as a cargo slowdown on the larger capesize market continued to take its toll. The overall index fell
      Reuters  -  463 words
    • 278 24 SGX '000 Nov 2 S$ +/-Vol CH Offshore 0.40 -0.01 45 Chuan Hup Hldg unch unch 0 Cosco Corp 1.02 0.03 ***** CWT Ltd 1.04 0.02 597 Ezra Hldgs 0.96 0.02 5988 First Ship Lea 0.32 0.02 2966 Freight Links 0.06 unch 1207 Grand Banks 0.30 -0.01 2
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  • Page 24 Advertisements
    • 29 24 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 TIMES
      29 words
    • 34 24 USE THIS SPACE TO SELL, CALL JOE WONG AT 9620 1327 TO ADVERTISE. —THE BUSINESS TIMES SHIPPING TIMES Legal services required by shippers owners Can they find your services here in the Shipping Times?
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  • SINGAPORE STOCKS
    • 7908 25 Transaction date: Nov 2 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 13.5 12 15.5 7.8 4.5 2.8 64.7 9.5 4.1 A-Sonic 4.6 -0.4 12 4.6 4.6 4.7 5.9
      7,908 words
    • 1573 26 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 t 800 Super 14.2 13.5 15 4.7 3.9 5.5 25.4 5.5 2.5 t AA Grp 3 2.2 3.5 14.3 2.9 200 98
      1,573 words
    • 10129 26 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.22/ APS Alpha Fund (USD)!** 0.96/ AXA Life Secure Ascent 2020 Fund 0.9947/0.9947 AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.63/ Aberdeen Asset Mgt Asia Limited American Opp 0.6465/ Asian Credit Fund
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    • 224 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A38 36 3.6 9.2 3 99 53 25.5 Genting HK US$ US30 +1.5 ***** 30 27.5 29.5 30 1975.4 15 10 OGL Resources A$
      224 words
    • 866 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 108 ABF SG Bond ETF 118 117 118 538.6 1261 856 CIMBAsean40 100US$ US976 976 984 39 ***** ***** DBXT AUD Bonds 5AU$ A***** *****
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  • FINANCE & COMMODITIES
    • 373 27 In local curr In S$ In US$ dy yr dy yr dy yr Nov 1 Index Change Change Change Change Change Change World Preliminary 817.2 -2.6 -9.0 -1.3 -8.3 -3.3 -8.1 EAFE Preliminary 679.3 -2.8 -15.2 -2.3 -13.3 -4.3 -13.1 Europe Preliminary 997.1 -3.5 -14.7
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    • 127 27 As on 1 November 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METAL GOLD FUT DEC2011 1724.50 1687.30 1712.00 1725.30 SILVER FUT DEC2011 34.685 32.315 32.740 34.360 CURRENCY AUD-USD FUT DEC2011 1.0492 1.0213 1.0312 1.0532 EUR-USD FUT DEC2011 1.3854 1.3605 1.3744 1.3928 GBP-USD FUT DEC2011
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    • 77 27 CRUDE OIL PRODUCTS Nov 1 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 107.19 -1.28 WTI (Near Mth) 91.40 -1.27 Dubai (1-Mth F) 103.16 -2.01 Tapis blend 113.63 -1.78 Minas 107.83 -1.78 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 94.11 -1.06 Jet Kerosene 126.05 -1.15 US$/barrel Opec Oil
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    • 169 27 Nov 2 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Dec 11 368.5 360.0 368.5 129 343 Jan 12 368.5 363.0 368.0 65 251 Feb 12 373.8 367.0 372.3 62 187 Mar 12 371.0 371.0 379.0 10 269
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    • 69 27 Nov 1 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2086.75 2196.50 3 months 2111.00 2218.00 Copper, Grade A (US$/tonne) Cash 7714.50 7981.50 3 months 7730.00 7990.00 Lead (US$/tonne) Cash 1961.75 2061.50 3 months 1982.00 2082.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
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    • 82 27 Nov 1 COCOA (£/tonne) Close Prev High/Low Dec 11 1629 1673 1663/1626 Mar 12 1654 1698 1688/1650 May 12 1669 1711 1698/1665 Jul 12 1686 1726 1710/1685 COFFEE (US$/tonne) Close Prev High/Low Nov 11 1835 1779 1829/1750 Jan 12 1878 1822 1885/1784 Mar 12 1910 1854 1915/1818 May 12
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    • 2147 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 45 52.50 30 ASJ Hldgs W*****1 0.2 1 4 17 18.00 3 AlliedTech W*****2 1.7 1 4 24 Ascendas Reit.ES.1111 203 Aztech Grp W*****3 0.4
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    • 107 27 Nov 1 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 11 1192.25 1207.50 1212.75 1180.50 Jan 12 1202.50 1217.25 1223.00 1190.00 Mar 12 1212.00 1227.00 1232.25 1199.75 May 12 1220.75 1236.00 1241.25 1208.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 11 50.80
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    • 79 27 Nov 2 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 02.02.2012 0.29 1-Year BY*****W 01.11.2012 0.30 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.29 5-Year N*****0W 1.125 01.04.2016 102.32 102.50 102.50 10-Year NX*****X
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    • 474 27 Nov 2 Nov 2 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec11 99.4850 0 1432 Mar12 99.4300 0 2978 Jun12 99.4250 0 1151 Sep12 99.4250 0 476 EUROYEN TIBOR FUTURES Dec11 99.6750 2 2481 Mar12 99.6750 99.6750 99.6750 99.6725 0 2378 Jun12 99.6750 0 1470 Sep12
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    • 463 27 Nov 2 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.056 6.605 0.756 8.078 51.187 93.153 0.812 11.638 3.250 1.306 89.384 44.471 1.321 8.349 0.919 31.291 32.026 0.650 1.040 Canada 0.947 6.252
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    • 154 27 Nov 2 Nov 2 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3200 1.3214 1.0395 1.0398 Canadian dollar 1.2494 1.2510 0.9840 0.9844 Euro 1.7465 1.7482 1.3754 1.3757 NZ dollar 1.0103 1.0117 0.7956 0.7961 Sterling pound 2.0304 2.0325
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    • 84 27 Nov 2 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** Nov 2 6 mths 0.***** 9 mths 0.*****
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    • 140 27 Nov 2 GOLD (US$/oz) Nov 01 Nov 02 Hong Kong 1715.00 1739.20 Oct 31 Nov 01 London 1723.49 1701.30 1725.21 1702.30 Source: Thomson Reuters Source: Reuters CAST BAR Nov 02 (S$) Selling Buying Kilobar 75,636.16 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 169 70 5gm 481 352
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    • 57 27 Nov 2 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 11 2970 2965 2970 2960 67 1080 Dec 11 2925 2962 2965 2923 2004 ***** Jan 12 2928 2958 2966 2922 ***** ***** Feb 12 2928 2960
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    • 31 27 Nov 2 Nov 2 Open High Sett STI Nov 2822 2822 2831 SIMSCI Nov 316.0 324.8 323.9 Taiwan Nov 269.8 270.1 269.3 Source: MF Global (S) Pte. Ltd
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    • 121 27 As at 9am Nov 02 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.349 1.285 Can dollar 1.277 1.228 Euro 1.783 1.715 Sterling pound 2.078 1.999 NZ dollar 1.043 0.994 US dollar 1.297 1.248 Local dollars to 100 units of foreign
      121 words
    • 156 27 Nov 2 $S Offer Bid 0vernight 0.01 par 1-month 1/4 1/8 2-months 1/4 1/8 3-months 5/16 3/16 Overnight mode: 0.10 US$ Offer Bid 7 days 0.35 0.20 1 month 0.45 0.25 2 months 0.55 0.30 3 months 0.60 0.40 6 months 0.80 0.60 9 months 0.95 0.75 12
      156 words
    • 24 27 Nov 2 Nov 2 S$ Bid Offer 1-month 1.2698 1.2708 2-months 1.2698 1.2708 3-months 1.2697 1.2707 6-months 1.2680 1.2793 Source: OCBC
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  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • 793 28  -  It accounts for almost half of all attacks detected here, reports VICTORIA HO reports VICTORIA HO SOCIALLY engineered attacks continue to dominate IT security breaches in Singapore, Microsoft has found. According to the software giant’s 11th biannual Security Intelligence Report, almost half of
      793 words
    • 622 28 Bloomberg [TAIPEI] HTC Corp has edged out Samsung Electronics Co to become the largest smartphone vendor in the US, capitalising on the Android platform’s popularity and a lull in demand for iPhones to overtake Apple Inc and Research In Motion Ltd (RIM).
      Bloomberg  -  622 words
  • Page 28 Advertisements
    • 924 28 2012 just round the corner, it's time to plan and pack in a high performing year! Make a splashing start to your career with our seminar and range of workshops on leadership, teamwork and the important factors in boosting your workplace success. Sales Professionals, Managers, Team Leads, Heads of Division,
      924 words

  • Page 29 Advertisements
    • 1104 29 Microsoft Congratulations to all the winners of the 2011 Microsoft Partners' Star Awards! The Microsoft Partners' Star Awards recognizes the achievements and contributions made by our Singapore partners throughout the year. Every partner plays an important role in enabling our customers with innovative solutions and technologies. This is our tribute
      1,104 words

  • PROPERTY
    • 1465 30 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED The Sail Marina Bay Apt 11/10/2011 99 1184 2960 2500 District 2 NON-LANDED
      1,465 words
    • 399 30 Scrapping of auction sale of 12 plots comes after 3 sites withdrawn in Oct Bloomberg [BEIJING] The southern Chinese city of Guangzhou cancelled the auction of some land plots on Tuesday, the second time in two weeks the capital of Guangdong province has
      Bloomberg  -  399 words
    • 234 30 Reuters [HONG KONG] China’s property sector credit will offer fewer opportunities after last year’s spectacular gains and investors should switch to con-sumer-driven plays as the world’s se-cond-largest economy turns to consumption from investment as its key driver, hedge fund Prudence Investment Management said. Sectors
      Reuters  -  234 words
    • 1034 31 Economists warn the trend may trigger debt defaults, lead to new bad loans Reuters [CHANGSHA, China] Just last year, the government’s land auction centre in this sprawling city buzzed with activity, with investors fighting to buy plots in the town centre and pushing
      Reuters  -  1,034 words
    • 600 32 It has signed letter of intent to buy lower third of 51-storey tower Reuters [NEW YORK] Luxury retailer Coach Inc said that it planned to buy 600,000 square feet in a tower being built by developer The Related Companies, making it the first
      Reuters  -  600 words
    • 304 33 Contraction for 10th straight month due mainly to slide in secondary market Bloomberg [HONG KONG] Hong Kong’s home sales fell for a 10th straight month, dropping by half in October from a year ago as buyers put off purchases. The value of transactions
      Bloomberg  -  304 words
    • 390 33 [SINGAPORE] Green Lodge, a freehold development located on Toh Tuck Road, has been put up for collective sale. Separately, an Expression of Interest (EOI) exercise was launched yesterday for 71 and 73 Oxley Rise, a freehold site zoned for “commercial
      390 words
    • 311 34  -  Construction of first residential stage to start early next year and finish in 2014 By MINDY TAN [SINGAPORE] Perth’s first mixed-use urban development project will be launched here this weekend by Frasers Centrepoint’s international property arm, Frasers Property Australia (FPA). Spanning 15,300 square
      311 words
    • 192 34 Reuters [LONDON] Germany overtook the UK as Europe’s largest retail property investment market in the third quarter of this year, with investors shying from Britain’s weak economic growth forecasts and falling consumer spending, research showed. Property consultant CBRE said on Tuesday that
      Reuters  -  192 words
  • Page 30 Advertisements
    • 130 30 Large Elevated Residential Site at Upper Bukit Timah Not To Scale. For Reference Only Contact: DTZ Investment Advisory Services Tel: 6293 3228 Freehold Site Area 14,035.3 sq m (151,075 sq ft) MP 2008 ‘Residential’, PR 1.4, 5 storeys Within 1 km to Pei Hwa Presbyterian Primary School About 800m to
      130 words

  • Page 31 Advertisements
    • 341 31 Good Class Bungalow J -M D.10 GCB Dalvey Road D.15 Bungalow Broadrick Road (Wholly Residential Area) 2 Storey with pool Land 20,000/8000sf Quality Finishings! Near renowned IR and Gardens by the Bay. 2.5 storey with pool Land *****/8000sf Lush greenery with pool Near famed Orchard Road and Botanic Gardens. Riza
      341 words
    • 33 31 Business (5) Opportunity^ Tailor-made structured investments in Canadian agricultural land and/or farming operations. Offers consistant annual returns with tangible appreciating assets, while decoupling from volatile financial markets. Interested parties, please email to pcinlioncity@gmail.com
      33 words
    • 114 31 c Vt RESIDENCE <<? Wilby Central *****888 Wilby Bukit Timah *****505 WILBY CENTRAL Newly Refurbished Serviced Apartments Studio 2-Bedrooms Modern Decor with High Tech Features 5 minutes' walk to MRT Stations/ Shopping Malls Complimentary shuttle bus service to Orchard Road/Newton/Holland Village Complimentary broadband internet service local calls For more information,
      114 words
    • 95 31 TRIST4 R PRIME GOOD CLASS BUNGALOW AT DISTRICT 10 BRIZAY PARK ASSET MAIIA6EMEHT CONSULTANT I SAL ESTATE Tristar Properties Pte Ltd For Sale by Expression of Interest closing: 8th November 2011 (Tue) 3pm www.tristarproperties.com.sg Freehold Elevated rectangular-shaped regular plot of land Frontage 30 metres Land area approx. 16,000 sq ft
      95 words

  • Page 32 Advertisements
    • 303 32 CATS Recruit The first door to your world of opportunities CLA/AUG06/g Iconic CBD commercial investment Perth, Western Australia FOR SALE 3 Forrest Place, Perth, Western Australia Landmark A-Grade office building and ground floor retail Strong and secure tenancy profile 91% leased to Fortune 500 company Prime core CBD location with
      303 words
    • 280 32 Brand New B1 Industrial Building C for Sale at 72 Lorong 19 Geylang Freehold Land size 4,200sqft; approx GFA 10,500sqft 1 block of 9 storey multi-user light industrial factory building, just TOP 8 units with good layouts, attached washroom and lift lobby on every floor Service lift, ample surface carpark,
      280 words
    • 28 32 a c AWARD WINNING PROJECT r\ ATS Check this out and many other properties in CATS Classified in The Straits Times now! BUY IT• SELL IT FIND IT
      28 words

  • Page 33 Advertisements
    • 560 33 Brisbane urban living central to everything <-o O O O n o o o Qld University of Brisbane Airport Link Roma Suncorp Stadium Park Road Cafe's Brisbane River Wesley Private Technology Central Station Street Station (1 minute) Bars Cycle Walkway Hospital (10 minutes) (5 minutes) (3 minutes) 0 minute) (2
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  • Page 34 Advertisements
    • 281 34 M-SPACE E E H O LD SPACE FOR YOUR BUSINESS TO GROW. m m ki 'M > B 2 RAMP-UP BUSINESS MM SPACE < P iftd FOREIGN mm m 2 OWNERSHIP ALLOWED .•is \K m NO SELLER S TA MP DUTY -iW m 't'i MJ J ■x L >(> m
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    • 125 34 Bulky Goods Retail Investment 1C Magenta Tce, Mandurah AUCTION •Strata area: 2,228m² (approx.) •Anchored by Freedom Group Ltd •$308,511 net annual income •Significant rental growth For Sale by Auction Tuesday 22 November at 11am on-site www.colliers.com.au/*****51 Nicholas Agapitos 0434 659 808 08 9261 6647 www.colliers.com.au P***** For Sale by Tender
      125 words

  • Who's Who in Property
    • 399 1 HE Singapore real estate market still seems to be firing on all cylinders in the third quarter of this year, going by the latest official numbers released by the Urban Redevelopment Authority (URA) last week. URA’s widely watched private home price rose 1.3 per cent quarter-on-quarter
      399 words
    • Article, Illustration
      942 2 OVERVIEW MGPA is an independently managed private equity real estate investment advisory company focused on real estate investment in Europe and Asia. Through its headquarters in Bermuda and network of offices in Europe and Asia, MGPA currently manages US$11 billion in assets throughout these two regions, including the
      942 words
    • Article, Illustration
      783 3 OVERVIEW BBR Holdings (S) Ltd was incorporated in 1993 and listed on the Singapore Stock Exchange in 1997, before being transferred to the Main Board in 2006. Having started out as a specialist in post-tensioning engineering, the BBR Group expanded its activities and is now positioned as a
      783 words
    • 1063 4 OVERVIEW FOR over half a century, Bukit Sembawang Estates Limited has been building some of Singapore’s most established residential developments. In addition to numerous standalone projects, the developer has seven private housing estates including 2,500 homes in Seletar Hills, 1,000 houses in Sembawang Hills, and more than 600
      ARTIST’S IMPRESSION  -  1,063 words
    • 1204 5 OVERVIEW CEL Development Pte Ltd is a wholly owned subsidiary of Chip Eng Seng Corporation Ltd, a public listed company in Singapore since 1999. Spearheading the Group’s portfolio in property development and investments, CEL has, over the years, established itself as one of the industry’s fastest rising names.
      1,204 words
    • 801 6 OVERVIEW Established in 2008, China Sonangol Land Pte Ltd is the property arm of China Sonangol Group, a conglomerate with diversified businesses in oil, gas, minerals, infrastructure and property. It was established to manage the Group’s property investments and developments. In Singapore, the company takes great pride
      801 words
    • 905 7 OVERVIEW UNCOMPROMISING attention to detail and a heavy responsibility towards homebuyers. That sums up the philosophy that drives the Clydesbuilt Group, founded in 1983 by Victor Ow. Just as a reputable boutique produces the finest made-to-measure suits, Clydesbuilt prides itself as a boutique real estate developer that builds
      905 words
    • Article, Illustration
      898 8 OVERVIEW EL Development Pte Ltd started off developing mainly boutique-sized projects in prime districts 9, 10 and 11 such as Rhapsody on Mount Elizabeth and smaller industrial site like Nordix. As the company grew, it started to tender for larger government land sales sites. In late 2007, EL
      898 words
    • Article, Illustration
      1025 9 SHAPING EXCELLENCE OVERVIEW ESTABLISHED in 1987, Ho Bee Investment Ltd is a real estate development and investment company with an extensive portfolio covering high-quality residential, commercial and high-tech industrial projects. Listed on the main board of the Singapore Exchange since 1999, Ho Bee is a leading developer
      1,025 words
    • Article, Illustration
      892 10 OVERVIEW KOP Properties is the real estate investment and development arm of the KOP Group, an integrated investment company with a diverse range of luxury lifestyle businesses from residential and commercial properties, hotels, and resorts to yachts and country clubs, as well as private equity and capital management.
      892 words
    • 1097 11 OVERVIEW Marina Bay Financial Centre Marina Bay Financial Centre (MBFC) is Singapore’s first definitive integrated development and an iconic addition to the heart of the new Downtown. A purpose-built financial centre, MBFC is designed to support the country’s growth as a financial capital of Asia and
      1,097 words
    • Article, Illustration
      438 12 OVERVIEW METALLURGY Corporation of China Ltd (MCC) is one of the Fortune 500 companies in the world, and is publicly-listed on the Hong Kong and Shanghai bourses. MCC is a leading multi-disciplinary government-linked, multinational company. It is renowned for its expertise, experience and strengths in the fields of
      438 words
    • Article, Illustration
      789 13 OVERVIEW MCC Group marked an important development with the incorporation of MCC Land (S) Pte Ltd in Singapore in 2010. This move also signalled the fact that MCC was no longer satisfied with just remaining a reputable and trusted contractor. Entering into the highest echelon, MCC Land strives
      789 words
    • Article, Illustration
      824 14 OVERVIEW OXLEY Holdings is a lifestyle property developer engaged in the development of residential, commercial, and industrial projects that cater to the upwardly mobile home buyer and entrepreneur who values quality, style, and convenience. Oxley’s property development projects are typically located in prime areas and complemented by prominent
      824 words
    • 995 15 OVERVIEW QINGJIAN Realty Pte Ltd is a subsidiary of Qingjian Group Co., Ltd. Qingjian Group Co., Ltd was established in 1952, with its scope of business ranging from project contracting, real estate development, international economic and technological cooperation, property investment, technology research design, engineering consultancy and property management.
      ARTIST’S IMPRESSION; ARTIST’S  -  995 words
    • 776 16 OVERVIEW CREATING homes for generations that is the mission of The Heritage Group, a Singapore-based property development company. Established in 2000, its extensive portfolio includes turnkey productions of boutique-style apartments and landed residences and mid- to up-per-tier developments, which remain its core market specialisation. Landed projects it
      776 words
    • Article, Illustration
      756 17 OVERVIEW TONG ENG GROUP OF COMPANIES Over the last 60 years since its incorporation in the 1950s, Tong Eng Brothers and its group of companies have prided themselves on developing distinctive buildings that are a harmonious blend of form and functionality. With each project, careful attention is
      ARTIST’S IMPRESSION  -  756 words
    • 914 18 CREATING A CLEAR DISTINCTION ‘We pride ourselves in developing the highest quality premium homes. As such, we painstakingly plan and develop each project to ensure we bring the most outstanding products to our customers. We also pride ourselves in creating cutting edge architecture such
      914 words
    • 1004 19 OVERVIEW UNITED Industrial Corporation Limited (UIC) was incorporated in Singapore in 1963 as a private company and listed as a public company in 1969. With its core business being property development and investment, together with the 1990 acquisition of the majority equity of well-established property company,
      1,004 words
    • Article, Illustration
      988 20 OVERVIEW WING TAI was founded in 1955 in Hong Kong and incorporated in Singapore on 9 August 1963. Today, Wing Tai Holdings Limited is Singapore’s leading property developer and lifestyle company reputed for quality and design. Listed on the Singapore Stock Exchange since 1989, it is an
      988 words
    • 938 22 OVERVIEW TAKE a drive through the affluent residential suburb of Bangsar today with its luxury developments, stunning high-end condominiums and lavishly remodelled Bangsar Shopping Centre (BSC) and one developer in particular comes to mind Bandar Raya Developments Berhad (BRDB). Incorporated in 1964, the company laid its
      938 words
    • Article, Illustration
      1080 23 OVERVIEW The Dijaya Group comprises a range of diverse companies devoted to the same ideals to deliver value to its customers and investors by creating quality developments in which people want to live, work and play. Dijaya is a pioneer in resort-style home concepts with a strong track
      1,080 words
    • 953 24 OVERVIEW AWARD-WINNING developer Gamuda Land doesn’t just go where others fear to tread. It ventures where others do not think possible. Such is its innovative and imaginative grasp of what makes for holistic living in an era that is ever challenging and changing. In the renowned
      953 words
    • Article, Illustration
      1093 25 OVERVIEW WITH gleaming business centres, thriving townships and luxury condominiums to its credit, Glomac Berhad has emerged as a force to be reckoned with among Malaysia’s public listed premier property giants after more than two decades in the business. The group, founded in 1998 by two entrepreneurs Mohamed
      1,093 words
    • Article, Illustration
      923 26 OVERVIEW HATTEN Group Sdn Bhd is a company highly involved in the development, management and investment of properties in Melaka. It started when its founder and managing director, Colin Tan, together with his brother Edwin Tan, CEO of the Group, travelled from Singapore to Melaka to take on
      923 words
    • 937 27 OVERVIEW FOUNDED in 1999 by Dato’ Low Eng Hock, its Group Chief Executive Officer and Chairman, Ivory Properties Group Berhad has since grown into an established and reputable property developer in Penang and Northern Malaysia. The Group’s portfolio includes medium to high-end condominiums, semi-detached houses, bungalows,
      937 words
    • Article, Illustration
      1035 28 OVERVIEW LEISURE Farm Corporation is a wholly owned subsidiary of Mulpha International Bhd, a diversified conglomerate and a component stock of the Bursa Malaysia Composite Index since 1983, and listed on the main market of Bursa Malaysia Securities Berhad. Its shareholder’s fund is in excess of RM2.9 billion
      1,035 words
    • 1354 29 OVERVIEW SINCE its inception in 1991, Mah Sing Group Bhd has evolved to become a fully integrated developer of 36 lifestyle projects in Greater Kuala Lumpur, Penang island, and Johor Bahru. Today, with over two decades of experience spanning residential, commercial, and industrial developments, the Group
      1,354 words
    • Article, Illustration
      1222 30 OVERVIEW S P Setia Berhad is recognised as Malaysia’s leading listed real estate player with a portfolio that encompasses townships, eco sanctuaries, luxury enclaves, high-rise residences, and commercial developments. Incorporated in 1974, S P Setia began as a construction company and was listed on Bursa Malaysia in
      1,222 words
    • 1028 31 OVERVIEW SUNWAY Integrated Properties (SIP) is the property arm of Sunway Berhad, one of the largest Malaysian-based property-construc-tion conglomerates with a strong regional presence. Sunway Berhad was listed on the main market of Bursa Malaysia Securities Berhad in August following a merger between two of Sunway Group’s
      1,028 words
    • 828 32 OVERVIEW Johor’s foremost developer, Tanah Sutera Development Sdn Bhd, is a joint venture company that was formed from the collaboration among Singapore and Malaysia consortiums Singapore-backed companies Keppel Land, CapitaLand and Lee Rubber, and Malaysia’s Permodalan Nasional Berhad (PNB), Lembaga Tabung Angkatan Tentera (LTAT) and
      828 words
    • 1085 33 OVERVIEW AUSTPAC International has been operating in Asia since 1989 with offices in Singapore, Hong Kong, Malaysia and China. Working with Regal Asset Consultants, Austpac International is one of the largest international property consultancies in Asia that specialises in selling Australasian real estate. Austpac International has a highly
      1,085 words
    • Article, Illustration
      556 34 OVERVIEW Bringing You The Power of One DTZ is one of the world’s largest global real estate services firms, offering a preeminent range of services and market experience. What sets it apart is its ability to harness every facet of its operation to deliver an optimum result across every
      556 words
    • 1600 35 OVERVIEW Jones Lang LaSalle, the leading global real estate services firm has strengthened its residential footprint in South East Asia by acquiring DST International Property Services in Singapore. DST International was established in 1998 to market new and refurbished residential and commercial properties around the world in
      1,600 words
    • Article, Illustration
      813 36 OVERVIEW ERA is a global leader as well as Singapore's largest real estate agency with more than 3,800 offices in over 50 countries. ERA Singapore is a wholly-owned subsidiary of Hersing Corporation Ltd, a brand manager and service provider listed on Singapore Exchange, SGX-ST. Since it began operating in
      813 words
    • Article, Illustration
      1605 38 OVERVIEW KNIGHT Frank Singapore is part of the largest, privately held integrated global advisory firm which, including US-based Newmark Knight Frank, encompasses 243 offices in 43 countries across six continents. With over 7,060 professionals handling in excess of $1 trillion worth of commercial, residential, and agricultural real estate
      1,605 words
    • Article, Illustration
      684 40 OVERVIEW LAUNCHED in 2000, OrangeTee has since firmly established itself as a reputable, dynamic, and fast growing real estate enterprise in Singapore. The company made a sterling rise in just 10 years of operations to become a branded entity in its own right. OrangeTee today has a full-time
      684 words
    • Article, Illustration
      770 41 OVERVIEW PROPNEX’S unprecedented commitment to excellence has garnered the firm numerous awards over the years, consolidating its position as the leading real estate agency in Singapore. The company's philosophy to build trust and long-term relationships with its business partners, customers and staff, has resulted in a strong, 11 -year
      ARTIST’S IMPRESSION  -  770 words
    • 864 42 OVERVIEW SLP International Property Consultants was founded in 2001 by Stanley Yeo and Kain Sim. The company started as a boutique agency specialising in the marketing of industrial property. Back then, industrial property was bought for user-occu-pation rather than investment. In comparison, investors were
      ARTIST’S IMPRESSION  -  864 words
    • Article, Illustration
      471 43 OVERVIEW QINGJIAN Group Co., Ltd (CNQC) entered the Singapore market in 1999 by registering its first subsidiary, Qingdao Construction (Singapore) Pte Ltd. The Qingjian Group Co., Ltd (CNQC) Singapore Branch was established in 2003 as a wholly owned subsidiary of CNQC a building and construction firm with extensive
      ARTIST’S IMPRESSION  -  471 words
    • 1072 44  -  Kuala Lumpur is upgrading its infrastructure in a bid to attract more companies and expatriates, reports PAULINE NG reports PAULINE NG PRIVATELY held Naza Group recently launched its KL Metropolis project, a threephase mixed development on 75.5 acres next to Mont Kiara about 6km
      BLOOMBERG  -  1,072 words
    • 909 44  -  B y PAULINE NG in Kuala Lumpur THE prolonged debt crisis in the eurozone and the US is expected to exert some pressure on residential properties, but not unduly. This is particularly seen for landed real estate in popular areas that are more
      909 words
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    • 194 1 Contents Oxley Holdings PAGE 14 Qingjian Realty PAGE 15 The Heritage Group PAGE 16 Tong Eng Group PAGE 17 Tuan Sing PAGE 18 United Industrial PAGE 19 Corporation Limited SINGAPORE DEVELOPERS Asia Square PAGE 2 BBR Group PAGE 3 Bukit Sembawang PAGE 4 CEL Development PAGE 5 China Sonangol Land
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    • 27 26 ASIA PACIFIC HOTEL AWARDS in association with Bloomberg TELEVISION W HIGHLY COMMENDED NEW HOTEL CONSTRUCTION DESIGN MALAYSIA Hatten Square Suites Shoppes by Hatten Group Sdn Bhd 2011
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    • 1016 37 ERA, the LARGEST Real Estate Agency with over 4,800 registered Salespersons, has always set the standard for incomparable rewards for our customers. Our Best Trained And Best Equipped Division Directors Have Transacted Properties Worth More Than $17 Billion in 2010. Gary Lau K H Snr Grp Div Director (R*****6A) 9858
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