The Business Times, 16 December 2011
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2011-12-16
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The Business Times
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Title Section23 2011-12-16 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Friday, December 16,23 words
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993 2011-12-16 1 MICHELLE TAN, MINDY TAN - Dec 7 cooling measures may spell bleak festive period after spike in Nov By MICHELLE TAN, MINDY TAN [SINGAPORE] Just before the cooling measures on Dec 7 changed the property landscape, private home sales had spiked sharply in November, the latest993 words
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605 2011-12-16 1 CHUANG PECK MING - Q3 numbers show fewer job openings; several sectors have cut back on hiring By CHUANG PECK MING [SINGAPORE] Even though job growth was still strong in the July-September quarter, signs of softening are unmistakable in the latest employment numbers unveiled yesterday by605 words
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Article141 2011-12-16 1 HST INDEX 2,635.25 (-37.14) HST INDEX FUTURES 2,629.00 (-38.00) HSIMSCI 300.40 (-3.68) HSIMSCI FUTURES 299.20 (-4.00) FOREX US$ S$ US$ (S$ per US$) 1.311 (US$/S$ per 1.548 2.028 EURO (US$/S$/E) 1.300 1.704 Foreign currency per US$ S$ YEN 78.00 59.50 RM 3.193 2.436 HK$ 7.784 5.940 BAHT 31.40141 words
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Page 1 Advertisements
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Advertisement12 2011-12-16 1 PROPERTY Tender for Punggol condo plot shows cooling measures working PAGE 1212 words
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Advertisement116 2011-12-16 1 EXECUTIVE LIFESTYLE Home-grown comedy clubs thriving PAGE 29 RAFFLES CONVERSATION I like to enable people for success. Philips CEO Frans van Houten shares highlights of his personal journey and his plans for transforming the Dutch conglomerate. In the Raffles Conversation tomorrow V >» ■Ji .S >> m mSfr K V116 words
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Advertisement13 2011-12-16 1 FESTIVALS AROUND THE WORLD When all the lights go on in Lyon PAGE3113 words
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TOP STORIES
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493 2011-12-16 2 Separately, factory activity continues to shrink after new orders fall Reuters [BEIJING] China’s economic growth could be slowing further as data yesterday showed the first year-on-year drop in foreign direct investment (FDI) in 28 months and a fresh fall inReuters - 493 words
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469 2011-12-16 2 VICTORIA HO - By VICTORIA HO [SINGAPORE] Google has started construction on a new Singapore data centre. The US$120 million facility is slated to be completed by early 2013, and is located on a 2.45-hectare plot in Jurong West. Speaking at the groundbreaking ceremony, Julian Persaud,469 words
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Article557 2011-12-16 2 Jobs market goes soft as harder times lurk EVEN though job growth was still strong in the July-September quarter, signs of softening are unmistakable in the latest employment numbers unveiled yesterday by the Ministry of Manpower. While 31,900 jobs were created in the quarter, up from 20,500 in557 words
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552 2011-12-16 4 PAULINE NG - Iskandar Malaysia, new stamp duty on S’pore property deals drive interest By PAULINE NG in Kuala Lumpur MORE costly private homes in Singapore the result of new taxes as well as perceivable improvements to Iskandar Malaysia, could turn the spotlight on Johor real estate552 words
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Article, Illustration676 2011-12-16 4 ANTHONY ROWLEY - BOJ survey cites yen strength, eurozone crisis, Thai flooding By ANTHONY ROWLEY in Tokyo BUSINESS confidence among leading Japanese manufacturers has been undermined by a conjunction of factors, including the eurozone crisis, the strong yen and the flooding in Thailand, according to the BankBLOOMBERG - 676 words
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538 2011-12-16 4 KENNETH LIM - Global economy is biggest cause of concern, according to respondents in two surveys By KENNETH LIM By [SINGAPORE] A sense of wariness is growing among Asian businesses amid global economic uncertainties, but regional executives remain among the most optimistic in the world, according538 words
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Article349 2011-12-16 4 [SINGAPORE] A second MRT disruption in two days this time on the NorthSouth Line has affected thousands of evening peak-hour commuters. North-bound train services were disrupted at all stations from Bishan to Marina Bay. Preliminary investigations by SMRT showed that around 40 metres of the power349 words
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Advertisement11 2011-12-16 2 JOY THAT LASTS BEYOND ALL SEASONS Make this Christmas truly exceptional.11 words
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Advertisement148 2011-12-16 3 LIVE FOR GREATNESS EVERY ROLEX IS MADE FOR GREATNESS. THE COSMOGRAPH DAYTONA, INTRODUCED IN 1963, WAS DESIGNED TO MEET THE DEMANDS OF PROFESSIONAL RACECAR DRIVERS AND QUICKLY EARNED ITS ICONIC STATUS. WITH ITS PATENTED CHRONOGRAPH MECHANISM AND BEZEL WITH TACHOMETRIC SCALE, IT ALLOWS DRIVERS TO PERFECTLY MEASURE ELAPSED CIRCUIT TIME148 words
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Advertisement187 2011-12-16 4 (MSEaogEmsss I *****080 u sEam, AMuxurious white leadingup to the majestic bunqalow A that opens to a modern plush living. a E&icaffisaa °a@jis?@s®ggcjej©£ga] °gg33/7ESES®ggfeQ00Jfl «> sgSdOeBssde&EgSiSl =|£S35)/7SiEagEfeQ!gMI KPSanslKte!® o0^ss^a^s^c3EB^(^(f^(sl?Oja^ The Original Relax Chair Made In Germany RESS It Zerostress Recliner Model 7036 s\;« 1 rostress Recliner by himolla The ultimate187 words
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Advertisement91 2011-12-16 5 I I t i 1 Audi Vorsprung durch Technik 4 S 1 I i 't 4 4 A (D O S 3 0 0 40 3" a < 0) :/A m 1 M lofor^.'inturt'weW S3»»' lfc d °P^° nS generation of the „7, the c3 p,tahse ntetoel enera^° n at91 words
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COMPANY NEWS
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589 2011-12-16 6 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY ACCORDING to a recent news report, the Singapore Exchange (SGX) is looking at allowing stockbrokers access to clients’ Central Depository (CDP) accounts so that dealers and remisiers can see just what stocks their customers have at any one589 words
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393 2011-12-16 6 KENNETH LIM - 40 more employees laid off last week at troubled brokerage, leaving just 20 By KENNETH LIM MF Global Singapore laid off 40 more employees last week, leaving just a skeleton crew of about 20 at the embattled futures brokerage, market sources said. BT393 words
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Article, Illustration449 2011-12-16 6 Reuters [WASHINGTON] US regulators now have a more complete picture of money transfers in the final days of bankrupt brokerage MF Global, but must sort out which transactions were legitimate before more money can be released to customers. Jill Sommers, who is headingReuters; BLOOMBERG - 449 words
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368 2011-12-16 8 SIOW LI SEN - OCBC’s private bank unit hires more staff and beefs up management team By SIOW LI SEN BANK of Singapore, OCBC Bank’s private bank unit, has added 150 more staff in the past year to keep pace with its rapid growth amid challenging368 words
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Article, Illustration475 2011-12-16 8 EMILYN YAP - By EMILYN YAP ABN Amro is aiming for selective growth in Asia at a time when some of its European peers are cutting back in the region. It is targeting only the three areas of private banking, clearing, and global energy, commodities andBLOOMBERG - 475 words
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Article, Illustration394 2011-12-16 8 WAYNE ARNOLD - By WAYNE ARNOLD REUTERS BREAKINGVIEWS THE retreat of European banks from Asia could create a US$390 billion hole that drives up borrowing costs and crimps growth. Asia’s companies are used to a world where dollars were cheap and abundant.REUTERS - 394 words
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303 2011-12-16 11 LYNN KAN - SembMarine unit’s contract comes with options for another 2 rigs from Prosafe By LYNN KAN AFTER two months of radio silence, Sembcorp Marine is coming across loud and clear with a new order. Its subsidiary, Jurong Shipyard, has bagged a US$291.6 million deal to303 words
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COMPANY BRIEFS
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79 2011-12-16 11 HOTEL Grand Central Ltd, through its wholly owned subsidiary Grand Central (NZ) Ltd, has entered into a conditional sale-and-purchase agreement to acquire a property in New Zealand for NZ$20.32 million (S$20.01 million) The property Lumley House is a 14-storey commercial office building with a79 words
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53 2011-12-16 11 SINGAPORE Telecommunications Ltd has divested its entire 40 per cent equity stake in Teletech Park Pte Ltd (TPPL) to Ascendas Land (Singapore) Pte Ltd for about $15 million. The gain on disposal of about $4 million will be recognised in the third quarter53 words
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Article83 2011-12-16 11 LIFEBRANDZ Ltd’s net loss widened to $937,000 for the first quarter ended Oct 31, 2011, from $668,000 a year ago. The three months saw revenue fall 3 per cent to $7.82 million from $8.09 million. The lower revenue was attributed mainly to the closure of two83 words
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123 2011-12-16 11 A NEW institute for training treasury executives will open its doors in Singapore this year. The Association for Financial Professionals (AFP) and Citi announced the joint launch of the AFP-Citi Asia Pacific Treasury Management Institute to advance the treasury profession in the region through a123 words
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647 2011-12-16 11 Bloomberg [NEW YORK] Traders are betting that the takeover of TMX Group Inc is more likely to fail than any other deal in North America, threatening to join more than US$20 billion in exchange acquisitions that have collapsed this year. TMX, ownerBloomberg - 647 words
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248 2011-12-16 11 CARINE LEE - By CARINE LEE SINGAPORE Airlines (SIA) reported a passenger load factor of 75.2 per cent in November, down 3.7 points from 78.9 per cent a year ago. The fall came as SIA recorded a 2.6 per cent year-on-year decline in systemwide passenger248 words
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Advertisement276 2011-12-16 6 A STAR ALLIANCE MEMBER A European adventure in ll m FIRST CLASS Enjoy exclusive all-in MasterCard® fares from: 6293 6023 6013 TT London Frankfurt 5993 5933 5903 5893 3* Zurich TT mi Pay by MasterCard to enjoy exclusive privileges 1 Receive S$200 Resorts World Sentosa vouchers for every ticket purchased276 words
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Advertisement102 2011-12-16 7 Audi Vorsprung durch Technik w V7 A (D O S 3 0 0 vO 3" 0) a < 0) \A/atts nevv n paving a V drm^on-?vee^ 0t0rin9 to A offers more A. rn n h \Ve industry an d^\ndbn9 Aud\ e-tron ofth than just e suS neNW mo con5 tantVy102 words
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Advertisement224 2011-12-16 8 Look out for the insert today REQUEST FOR PROPOSAL (PRE-QUALIFICATION) To Manage, Operate and Maintain Phase 1 of the Jurong Rock Caverns Storage Facility at Jurong Island ("Project") Jurong Rock Caverns (JRC) is Singapore's first underground storage facility for liquid hydrocarbons. Built at a depth of more than 100 metres224 words
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Advertisement13 2011-12-16 8 foraweekendstayandlunchfortwoat ConradCentennialSingapore ConradCentennialSingaporecelebratesTheBusinessTimes' 35thanniversarywithaspecialweekendstayfrom$350 includinglunchfortwoattheiraward-wining GoldenPeonyCantoneseRestaurantandmore. *Termsandconditionsapply THEBUSINESSTIMES th $350* BesuretogetacopyofTheBusinessTimesWeekendtomorrowformoredetails. Anniversary Getawaydeals13 words
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Advertisement142 2011-12-16 9 nv k.'-. o Audi Vorsprung durch Technik r> •v m 'M mm>: W ivSSi A ft .-'vX' »''.V'..^'v.; -''•£iJV fe" k I§Kl N I V rv: s Xii k s m m m gsfe,-: -.3*7.; 1 "•v y :/;.$$3S v Hi 1 A'--1 Ik MM 'MM i 7p\ f*wff i®"'i"142 words
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SINGAPORE MARKETS
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Article, Illustration623 2011-12-16 10 R SIVANITHY - Structured warrants and penny stocks in play as volume improves a little from a day earlier STOCKS R SIVANITHY Senior Correspondent THE local stock market appears to be stuck in its own painful version of the Hollywood movie Groundhog Day, where the date isSource: Bloomberg - 623 words
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Article64 2011-12-16 10 Dec 15 VALUE CLOSE BT OB/OS -503.00-286.00 BT CADI -*****.00-131.00 BT 10-day MA -*****.00 -51.00 FTSE ST Mid Cap 588.64 -0.14 FTSE ST Small Cap 396.63 -3.16 FTSE ST All Share 633.23 -7.31 FTSE ST China Top 185.97 -1.99 FTSE ST China 220.92 -2.85 FTSE ST Catalist64 words
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Article186 2011-12-16 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 10 1 0 0 0 3 10 1 Manufacturing 22 77 28 4 3 3 26 80 31 Commerce 10 29 15 1 4 3 11 33 18 Tpt/Stor/Comms 13 17 9186 words
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BROKERS’ TAKE
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Article, Illustration242 2011-12-16 10 Dec 15 close: $3.70 DMG Partners Securities, Dec 15 THE latest US$291.6 million order from Prosafe for an accommodation semisub lifted YTD 2011 new orders to $3.55 billion (+17 per cent y-o-y), and in line with our FY11 forecast. We estimate that Sembcorp Marine has an unbilled orderSource: Bloomberg - 242 words
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Article, Illustration391 2011-12-16 10 Lynette Khoo - Compiled by Lynette Khoo Dec 15 close: $0.375 OCBC Investment Research, Dec 15 UE E&C’s recent contract wins comprised the development of National Continuing Education Training (CET) Campus at Paya Lebar Central (East) by the Singapore Workforce Development Agency worth $94 million and an executive condominium (EC) atSource: Bloomberg - 391 words
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Article133 2011-12-16 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 quarter133 words
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Article117 2011-12-16 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 18,096 18,096 68,068 68,068 Manufacturing 114,258 66,696 180,954 132,725 2,646 135,371 Commerce 74,368 4,071 78,439 210,599 318 210,917 Tpt/Stor/Comms 90,908 11,200 102,108 171,633 1,270 172,903 Finance 21,722 21,722 208,471 208,471 Construction 33,942 306 34,248 10,516117 words
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Article112 2011-12-16 10 Stock name Close Change CapMallsAsia 1.165 -0.030 CapitaLand 2.280 -0.040 CapitaMall 1.665 +0.025 CityDev 8.960 -0.040 ComfortDelGro 1.405 +0.005 DBS Grp 11.560 -0.250 F&N 6.030 -0.020 GLP 1.620 -0.065 Genting SP 1.490 Golden Agri 0.705 -0.005 HK Land 4.630 -0.120 JMH 46.250 -0.680 JSH 27.320 -1.250112 words
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Article, Illustration476 2011-12-16 10 CURRENCIES Bloomberg [SEOUL] Asian currencies weakened, led by South Korea’s won, as signs Europe’s debt crisis and the global economy are worsening deter investment in emerging market assets. “We’re seeing weaker Asian currencies as global market sentiment is in a risk-off mode,” saidBloomberg; AFP - 476 words
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Article60 2011-12-16 10 VOLUME ChinaFashion 64,596,000 Golden Agri 63,315,000 Noble Grp 37,243,000 SingTel 32,623,000 Genting SP 21,231,000 PSL Hldgs 20,384,000 Dyna-Mac 18,228,000 GMG Global 17,089,000 STI 2750BPePW*****0 16,217,000 HPH Trust US$ 14,900,000 VALUE($) SingTel 101,558,476 DBS Grp 95,368,177 JSH 75,125,767 GLD 10US$ 71,009,464 JMH 52,173,619 UOB 51,334,283 OCBC Bk 50,238,49060 words
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Article110 2011-12-16 10 BY CENTS CLOSE UP DBXT S&P Short 10US$ 4314 62.9 1.1 DBXT iBoxxSing 5SG$ ***** 41.0 0.3 Asia Pac Brew 2789 36.0 1.3 UOL 412 19.0 4.8 DairyFarm 915 17.0 1.4 STXPO 100 655 15.0 2.3 UOB 5.05%NCPS 100 ***** 10.0 0.1 Total Access 255 9.2 2.8 RH PetroGas110 words
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Article113 2011-12-16 10 BY CENTS CLOSE DOWN GLD 10US$ *****-634.2 -3.0 IS S&P500 *****-391.8 -2.4 DBXT Nifty 10US$ 8897-213.6 -1.8 DBXT MSUSA 10US$ 2908-188.7 -4.7 JSH 2732-163.8 -4.4 Jardine C&C 4650-134.0 -2.8 DBXT MSKorea 10US$ 5037-128.4 -1.9 DBXT MSEurope 10US$ 3816-104.8 -2.1 DBXT MSJAP 10US$ 3417-103.5 -2.3 JMH 4625 -89.1 -1.4 BY113 words
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Page 11 Advertisements
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Advertisement35 2011-12-16 11 JIMMY CHOO SALE SINGAPORE LUXURY FASHION, RESORTS WORLD SENTOSA, TEL 65 6723 8007 LEVEL 1, PARAGON SHOPPING CENTRE, TEL 65 6735 9880 BASEMENT 1, THE SHOPPES AT MARINA BAY SANDS, TEL 65 6634 1221 JIMMYCHOO.COM35 words
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SINGAPORE NEWS
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Article, Illustration608 2011-12-16 12 KALPANA RASHIWALA - Top bid 12.8% lower than nearby plot’s sale price a year ago By KALPANA RASHIWALA PROVISIONAL tender results for a 99-year leasehold private condo site near Punggol MRT Station show that the latest cooling measures are working, say market watchers. Though the608 words
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Article, Illustration399 2011-12-16 12 MALMINDERJIT SINGH - Tan Kah Wan dies at 81, after illustrious career in the police By MALMINDERJIT SINGH FORMER minister mentor Lee Kuan Yew last night paid tribute to his personal security officer during a critical phase of his term as prime minister ofNEO XIAO BIN/THE STRAITS TIMES - 399 words
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485 2011-12-16 12 JOYCE HOOI - New licence means it can bypass local telcos in servicing int’l business clients By JOYCE HOOI TELSTRA has received the nod from the Infocomm Development Authority of Singapore (IDA) to own and operate telecommunications infrastructure here, including voice and data networks.485 words
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231 2011-12-16 12 LYNN KAN - Transplants include kidney, stem cell, bone marrow now By LYNN KAN LEADING liver surgeon Tan Kai Chah’s Asian Centre for Liver Diseases and Transplantation (ACLDT) will set up a new unit in Singapore to serve Asian and Middle East patients. The Comprehensive Transplant231 words
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335 2011-12-16 12 EMILYN YAP - By EMILYN YAP DELOITTE has come up with what it says is an out-of-the-box idea to boost employment for Singaporeans as an economic slowdown looms the government could grant businesses an enhanced tax deduction for salary paid to locals. The tax deduction for335 words
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222 2011-12-16 12 Bloomberg SINGAPORE’S retail sales increased more than economists estimated in October as consumers spent more on vehicles and fuel. The retail sales index rose 8.5 per cent from a year earlier after gaining a revised 0.2 per cent in September, the Statistics Department saidBloomberg - 222 words
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Advertisement39 2011-12-16 12 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY MUM'S KITCHEN Six Indian women share recipes handed down to them by their mothers and grandmothers Priyanka Chopra's cousin sizzles I GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST39 words
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Advertisement88 2011-12-16 12 ALMATY Beijing Seoul Bangkok Air Astana connects Far South East Asia to Kazakhstan 12 times a week (5 times a week from Beijing, 2 times a week from Seoul, 3 times a week from Bangkok, twice a week from Kuala Lumpur). Air Astana serves Kazakhstan from major gateways in South88 words
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Advertisement29 2011-12-16 12 THE BEST WALL ST. MOVIE EVER MADE! Mf k. KEVIN SPACEV Pfll m L BE SMART OR CHI M18 ETTANY NLEY TUCCI ZACHARY QUINTO DEMI MOORE OPENS 29 DEC29 words
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Advertisement1102 2011-12-16 13 0DBS7S I am looking to capitalise on higher growth opportunities We are offering you a maturity 1 value of 115.09% 2 with the Dragon Renminbi Plan >: ■SSr 7. I a yw>u*'' 1 1 f V 1 J -tsar f >• *a«r-r" TV. 'J— '*»'<«■* t r *'Mh. **B? J*.1,102 words
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ECONOMY WATCH
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408 2011-12-16 14 Pact aims to tackle issues not covered in previous trade agreements: official AP [WASHINGTON] The US said on Wednesday it wants the ambitious trans-Pacific pact it is negotiating with eight other nations to serve as a model of how to conduct internationalAP - 408 words
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602 2011-12-16 14 PMI data suggests region’s economy likely to contract by 0.6% in Q4: Markit Bloomberg [LONDON] European services and manufacturing output contracted for a fourth month in December as the region’s leaders failed to stem the worsening debt crisis. A euro-area composite indexBloomberg - 602 words
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Article, Illustration449 2011-12-16 14 Reuters [WASHINGTON] A growing number of families in the United States are struggling to put food on the table as poverty rises in major cities, a new survey showed yesterday. The US Conference of Mayors’ 2011 hunger and homelessness survey found allReuters; AFP - 449 words
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Advertisement1828 2011-12-16 14 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ELLIPSIZ LTD (Company Registration No. *****8329R) NOTICE OF EXPIRY OF WARRANTS TO ALL HOLDERS OF WARRANTS TO SUBSCRIBE FOR NEW SHARES IN ELLIPSIZ LTD (the "Company") THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in doubt as to1,828 words
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Advertisement402 2011-12-16 14 In the Matter of The Companies Act (Chapter 50) And In the Matter of OHS ASIA PTE. LTD. (In Creditors’ Voluntary Liquidation) (Co. Reg. No. *****0894K) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final General Meeting402 words
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MALAYSIA/INDONESIA
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492 2011-12-16 15 Fitch upgrades Indonesia’s long-term currency ratings by one notch Reuters [JAKARTA] Fitch Ratings upgraded Indonesia’s credit status yesterday to coveted investment grade for the first time since 1997, the first of three ratings agencies that are poised to give the emerging market aReuters - 492 words
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443 2011-12-16 15 AP [KUALA LUMPUR] A coalition representing thousands of farmers yesterday urged Malaysia’s government to freeze plans for an IPO for the country’s largest plantation operator amid concerns they would not receive their fair share of benefits. Prime Minister Najib Razak recently announcedAP - 443 words
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346 2011-12-16 15 AFP [KUALA LUMPUR] The long-running, politically charged trial of Malaysian opposition leader Anwar Ibrahim closed yesterday with a judge setting Jan 9 for a verdict with potentially major implications. Defence lawyers were allowed a final rebuttal yesterday of the prosecution’s charge thatAFP - 346 words
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Advertisement271 2011-12-16 15 Master of Science in Quantitative Finance (by coursework) AUG 2012E INTAKE Offered by Department of Mathematics with the cooperation of Department of Economics and Department of Statistics Applied Probability Master of Science in Quantitative Financeide advanced trainng in quantitative finance for the students thfdiithfiilidttht (by coursework) of quantitative methods, including271 words
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Advertisement171 2011-12-16 15 IVOLF BLASS wc Vtfam o V M -w. K if A 'f eg V WOLF BLASS* 7// %\ack^W/ Jm 3/, »N V I 4 sHs* w W/JB ?>^hVin£^ LANGHORNE CREEK MCLAREN VALE CABERNET SAUVIGNON SHIRAZ-MALBEC Black Label was Wolf Blass' first Ultra-Premium wine made from his humble tin shed on171 words
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GREATER CHINA/INDIA
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484 2011-12-16 16 Rupee is Asia’s worst performing currency; stock market down 20% Reuters [MUMBAI] Billionaire Anil Ambani’s Reliance Communications, India’s No 2 mobile carrier, has a US$925 million convertible bond maturing in March at a conversion price of 654 rupees (S$15.50) more than nineReuters - 484 words
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282 2011-12-16 16 Bloomberg [NEW DELHI] Indian Prime Minister Manmohan Singh and the Opposition failed to agree on the scope of a proposed anti-corruption bill, casting doubt on whether it will be passed before Parliament ends next week, The Hindu newspaper has reported. AtBloomberg - 282 words
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549 2011-12-16 16 AP [BEIJING] China’s government is trying to defuse a revolt in a small fishing village, offering to investigate the land seizures that touched off the rebellion and vowing to punish leaders of the uprising. The village of Wukan has for months been theAP - 549 words
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Advertisement385 2011-12-16 16 Wine, Dine Hospitality Highlights 1 Revel in the warmth of the season and share the festive excitement with friends and loved ones. Enjoy a diverse array of festive feasts at our award-winning restaurants and take home yuletide goodies from The Atrium Deli. Get your celebrations started by visiting panpacific.com/singapore/festive For385 words
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WORLD
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Article, Illustration513 2011-12-16 17 But analysts are sceptical company would ever rehire the whistle-blower Reuters [TOKYO] Japan’s disgraced Olympus Corp said yesterday it would consider reinstating its sacked CEO, Michael Woodford, but the gesture failed to erase doubts that it would ever rehire the foreigner who blewReuters; AP - 513 words
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451 2011-12-16 17 CEOs cite sluggish growth, financial turmoil in Europe AP [WASHINGTON] Twothirds of chief executives of the largest US companies don’t plan to hire in the next six months, mainly because of sluggish growth in the United States and financialAP - 451 words
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444 2011-12-16 17 46% of untaxed profits is invested in US assets: study Bloomberg [WASHINGTON] Twen-ty-seven US companies holding a total of US$538 billion in untaxed profits outside the country have 46 per cent of that money invested in US banks or assets, according to a reportBloomberg - 444 words
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528 2011-12-16 20 Jobless benefit claims drop unexpectedly in Nov to 3 1 /2-year low LATEST US DATA Reuters Bloomberg [WASHINGTON] Slowly but surely, the revival of the US economy continues, as a string of largely positive data released yesterday provided more evidence that conditionsReuters; Bloomberg - 528 words
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Article, Illustration493 2011-12-16 20 Italy’s bonds seen as riskier, due to 2012 fund requirements Reuters [MADRID] Spain saw solid demand for its bonds yesterday, paying more than two percentage points less to borrow over five years than Italy a day earlier as budget cuts helped ease concerns thatReuters; BLOOMBERG FILE PHOTO - 493 words
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397 2011-12-16 20 AP ending Sept 30, 2012. Reuters, AP [WASHINGTON] Republicans introduced a US$915 billion spending bill in the US House of Representatives early yesterday in an attempt to force Democrats to finalise legislation that would keep the US government operating beyond the weekend. Only two daysAP; ending Sept 30, 2012. – Reuters, AP - 397 words
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290 2011-12-16 20 Bloomberg [ROME] Italians remain among the richest and least-in-debted people in the world, even as net household wealth declined last year, according to the Bank of Italy. Total household net wealth fell 1.5 per cent in 2010 from the previous year toBloomberg - 290 words
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Advertisement8 2011-12-16 17 KINOKUNIYA PROLOGUE MPH PAGE ONE HARRIS TIMES DUFRY8 words
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COUNTRY PROFILE: KAZAKHSTAN
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Article, Illustration1819 2011-12-16 18/19 VINCENT WEE - With steady economic development, political stability and a pragmatic foreign policy, Kazakhstan has truly come of age, says SPECIAL FEATURE VINCENT WEE KAZAKHSTAN’S development in just two decades from a state that emerged from the collapse of the Soviet Union to one of the leading1,819 words
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Article, Illustration657 2011-12-16 18/19 VINCENT WEE - Retired cosmonaut relates how he is piloting Kazakhstan’s space programme By VINCENT WEE YOU know having a space programme is a big deal when one of the first things you are asked before the interview begins is whether your country has one. ItARTHUR LEE - 657 words
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Article, Illustration1015 2011-12-16 18/19 VINCENT WEE - The chairman of Kazakhstan’s National Space Agency explains the challenges, priorities and objectives of the country’s ambitious space programme. SPECIAL FEATURE WEEreports VINCENT WEE UNDER the expert leadership of Talgat Mussabayev, who was appointed chairman of Kazakhstan’s National Space Agency (Kazcosmos) when it was created1,015 words
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Advertisement137 2011-12-16 18/19 liming :J:.'■'■*:?:j• k I a^53B f*I m ,i >"' fes nz m iii MI V'l'i'i K v.m Um FX u LM-J, t-in _i 5 S T I.."m •<• v; 35B3& <>- Iff* 0.U i S3/+ sM ss 5#. Bs fif V. A m m J J J »•> a ■7X?137 words
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Page 20 Advertisements
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Advertisement649 2011-12-16 20 >©' MATa NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices LAFE CORPORATION LIMITED (Incorporated in Bermuda) (Company Registration Number *****) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a SPECIAL GENERAL MEETING of the Company will be held at Dunearn 3, Level 1, Raffles Town Club, 1 Plymouth Avenue,649 words
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Advertisement378 2011-12-16 20 IN THE MATTER OF THE COMPANIES ACT (CAP 50) AND IN THE MATTER OF KHIANG HENG COMPANY PTE LTD Company Regn No: *****0050R At an Extraordinary General Meeting of the Company held at 6 Namly Hill, Shamrock Park, Singapore *****0 on 15 December 2011 at 11.00 a.m., the following Resolutions378 words
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Advertisement352 2011-12-16 20 Fusionopolis Phase 5 Concept and Price Tender Site Information Location Fusionopolis Way one-north (See shaded portion) Land Area 19,283 sqm Gross Plot Ratio 3.5 Tenure 60 years Zoning Business Park White 15 Portsdown onenorth Road Submission of Tender Tender Launch Date: 16 Dec 2011 Site Walk and Q&A Session 22352 words
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AVIATION/SHIPPING
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Article, Illustration586 2011-12-16 21 VEN SREENIVASAN - She’ll stay as board member; airline says it’s searching for S’porean successor By VEN SREENIVASAN AFTER more than five years at the helm of Jetstar Asia, CEO Chong Phit Lian is quitting. Ms Chong, who joined Jetstar in 2006 when it was still struggling andFILE PHOTO - 586 words
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498 2011-12-16 21 AFP [WASHINGTON] Apple’s iPad has been cleared for use by American Airlines pilots during takeoff and landing in a move that could make bulky flight bags crammed with manuals and charts a thing of the past. American Airlines began testing iPadsAFP - 498 words
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Article, Illustration248 2011-12-16 21 AFP [KUALA LUMPUR] Loss-making national carrier Malaysia Airlines said it will cut eight routes to Europe, Africa, the Middle East and other destinations starting next month as it seeks to return to a profit. The airline, which has struggled to stay in the black inAFP - 248 words
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Article278 2011-12-16 21 SGX '000 Dec 15 S$ +/-Vol CH Offshore unch unch 0 Chuan Hup Hldg 0.20 unch 60 Cosco Corp 0.87 -0.02 3609 CWT Ltd 0.99 -0.02 63 Ezra Hldgs 0.86 0.01 1458 First Ship Lea 0.28 -0.01 2652 Freight Links 0.06 unch 857 Grand Banks 0.24 -0.04 3278 words
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566 2011-12-16 21 Bloomberg [VIENNA] Germany’s driest November has shrunk Europe’s rivers, creating month-long delays for oil and ore-carrying barges while uncovering the continent’s deadly past. The city of Koblenz evacuated 45,000 residents on Nov 28 after the Rhine River’s retreat to a 20-year low exposedBloomberg - 566 words
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Article, Illustration415 2011-12-16 21 LYNN KAN - Its president says target may be based in S’pore or Vietnam By LYNN KAN THE world’s largest builder of dredging ships, IHC Merwede, is in “advanced” stages of talks to snap up its first offshore vessel shipyard in Asia by the first415 words
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320 2011-12-16 21 Reuters [HONG KONG] Cathay Pacific Airways Ltd, the world’s largest air cargo carrier, said cargo demand failed to peak in November for the Christmas season, with freight volume down 13.8 per cent and the passenger outlook uncertain for 2012. Cargo and mailReuters - 320 words
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255 2011-12-16 21 Bloomberg [NEW DELHI] Kingfisher Airlines Ltd, the Indian carrier that sought government assistance after losses widened, may find support from banks in its turnaround efforts, said Prime Minister Manmohan Singh. “If they take corrective measures, I am sure, things should work out,”Bloomberg - 255 words
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EDITORIAL & OPINION
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504 2011-12-16 22 EDITORIAL THE last two decades have seen major financial crises, an explosion of investment scams and a significant tightening of regulations surrounding financial advice and the sale of investment products in Singapore and the rest of the world. In the wake of the deep losses504 words
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Article, Illustration753 2011-12-16 22 FRANK CHING - THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 LAST week, President Hu Jintao urged the Chinese navy to accelerate its transformation and “make extended preparations for warfare”. While perhaps unexceptional, the753 words
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Article, Illustration872 2011-12-16 22 ROBERT SAMUELSON - The best imaginable outcome is a resolution of the crisis with loans from the ECB and IMF ROBERT SAMUELSON BY now, it’s obvious that adopting the euro was a colossal blunder. It may rank as Europe’s worst policy mistake since World War II.REUTERS - 872 words
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Article, Illustration1290 2011-12-16 23 WILLIAM WILLEMS - Though not a panacea for growth now, they can at times help stimulate success by providing inspiration and support By WILLIAM WILLEMS The writer is the regional vice-president for Regus, Australia, New Zealand and South-east Asia. Regus is a provider of flexible workplaces ITBLOOMBERG - 1,290 words
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Article, Illustration803 2011-12-16 23 LEON HADAR - LEON HADAR Washington Correspondent FOUR years ago, after a large number of candidates had entered the Democratic Party’s presidential primaries, the conventional wisdom among the political professionals was that New York Senator and former first lady Hillary Clinton would win the race. SheAP - 803 words
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606 2011-12-16 23 Mano Sabnani - LETTER TO THE EDITOR Mano Sabnani SGX-listed Beyonics Technology Ltd is being subjected to a complete takeover and delisting via a scheme of arrangement under Section 210 of the Companies Act. I am not a lawyer but as far as I can606 words
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SINGAPORE STOCKS
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Article7878 2011-12-16 24 Transaction date: Dec 15 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 11.6 8Telecom 15.5 1.4 15.5 7.8 3.9 3.2 74.2 9.5 4.1 A-Sonic 4.5 4.4 4.7 2.9 1.7 32.2 657,878 words
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Article1536 2011-12-16 25 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 12.1 t 800 Super 12.6 +0.1 50 12.6 12.6 12.3 12.6 4.7 4.4 4.9 22.5 5.5 2.5 t AA Grp 3.3 2.6 3.31,536 words
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Article9932 2011-12-16 25 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.15/ APS Alpha Fund (USD)!** 0.88/ 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 0.6236/ Asian Local Ccy9,932 words
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Article250 2011-12-16 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 55.5 34 AVJennings A34 35.5 39.5 3.6 10.3 2.7 88.5 49 25.5 Genting HK US$ US27 unch 4315 27 26.5 26.5 27 1777.8 15 10 OGL Resources250 words
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Article923 2011-12-16 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 109.5 ABF SG Bond ETF 122.9 +6.7 5 122.9 122.9 114.5 117 561 1261 856 CIMBAsean40 100US$ US926 -19 7 926 926 928 933 37923 words
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FINANCE & COMMODITIES
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373 2011-12-16 26 In local curr In S$ In US$ dy yr dy yr dy yr Dec 14 Index Change Change Change Change Change Change World Preliminary 804.1 -1.3 -10.4 -1.2 -9.0 -1.8 -11.0 EAFE Preliminary 666.1 -1.5 -16.8 -1.8 -15.9 -2.3 -17.8 Europe Preliminary 981.3 -2.1 -16.0373 words
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Article77 2011-12-16 26 CRUDE OIL PRODUCTS Dec 14 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 105.50 -3.38 WTI (Near Mth) 94.97 -4.80 Dubai (1-Mth F) 105.05 0.26 Tapis blend 115.40 0.63 Minas 113.30 0.63 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 99.17 0.67 Jet Kerosene 123.78 1.18 US$/barrel Opec Oil77 words
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Article157 2011-12-16 26 Dec 15 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jan 12 330.7 295 Feb 12 331.0 329.2 333.3 11 221 Mar 12 340.0 312 Apr 12 349.5 349.5 349.0 20 142 May 12 350.0 350.0 350.0 20157 words
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Article69 2011-12-16 26 Dec 14 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1956.75 1996.00 3 months 1962.00 2001.50 Copper, Grade A (US$/tonne) Cash 7186.50 7576.75 3 months 7210.00 7600.00 Lead (US$/tonne) Cash 1982.50 2069.00 3 months 1998.00 2085.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.5069 words
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Article82 2011-12-16 26 Dec 14 COCOA (£/tonne) Close Prev High/Low Dec 11 1423 1403 1482/1414 Mar 12 1440 1473 1499/1433 May 12 1458 1490 1515/1450 Jul 12 1474 1508 1528/1467 COFFEE (US$/tonne) Close Prev High/Low Jan 12 1871 1900 1897/1857 Mar 12 1912 1939 1936/1898 May 12 1947 1970 1970/1935 Jul 1282 words
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Article107 2011-12-16 26 Dec 14 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 12 1100.00 118.50 1119.25 1094.25 Mar 12 1110.00 1129.00 1129.75 1104.50 May 12 1120.75 1139.75 1140.00 1115.50 Jul 12 1131.25 1150.00 1150.75 1126.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 11 48.58107 words
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Article83 2011-12-16 26 Dec 15 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 15.03.2012 0.35 0.31 0.31 1-Year BY*****W 01.11.2012 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 102.96 103.00 103.00 5-Year N*****0W 1.125 01.04.2016 102.2283 words
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Article448 2011-12-16 26 Dec 15 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec11 99.4275 0 3476 Mar12 99.3100 0 3230 Jun12 99.2650 0 1168 Sep12 99.2500 0 351 EUROYEN TIBOR FUTURES Dec11 99.6725 4 4621 Mar12 99.6650 100 2094 Jun12 99.6675 0 1440 Sep12 99.6625 0 711 Dec12 99.6450448 words
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Article, Illustration114 2011-12-16 26 As on 14 December 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METALS GOLD FUT FEB2012 1645.10 1575.90 1587.20 77 CURRENCY AUD-USD FUT DEC2011 1.0025 .9883 .9929 3669 EUR-USD FUT DEC2011 1.3064 1.2946 1.2999 7860 USD-JPY FUT DEC2011 78.11 77.94 78.05 3028 BASE METAL114 words
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Article24 2011-12-16 26 Dec 15 Open High Sett STI Dec 2629 SIMSCI Dec 303.1 303.5 299.2 Taiwan Dec 246.9 247.6 241.3 Source: SGX Derivatives24 words
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2096 2011-12-16 26 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 55 49.00 29 ASJ Hldgs W*****1 0.1 1 4 24 33.00 2 AlliedTech W*****2 1.7 1 4 23 Aztech Grp W*****3 0.2 1 20 1322,096 words
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Article464 2011-12-16 26 Dec 15 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.028 6.311 0.761 7.707 53.649 90.396 0.772 11.490 3.161 1.323 88.609 43.663 1.298 8.316 0.940 30.062 31.089 0.640 0.990 Canada 0.973 6.139464 words
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Article82 2011-12-16 26 Dec 15 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths82 words
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Article140 2011-12-16 26 Dec 15 GOLD (US$/oz) Dec 14 Dec 15 Hong Kong 1642.80 1594.00 Dec 13 Dec 14 London 1658.54 1571.24 1660.26 1572.96 Source: Thomson Reuters Source: Reuters CAST BAR Dec 15 (S$) Selling Buying Kilobar 71,387.19 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 160 67 5gm 454 333140 words
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Article53 2011-12-16 26 Dec 15 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 11 2990.0 819 Jan 12 3000.0 2972.0 3025.0 2972.0 1229 5851 Feb 12 3014.0 2971.0 3028.0 2971.0 ***** ***** Mar 12 3016.0 2971.0 3026.0 2971.0 8199 *****53 words
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Article22 2011-12-16 26 Dec 15 S$ Bid Offer 1-month 1.3106 1.3109 2-months 1.3105 1.3108 3-months 1.3104 1.3107 6-months 1.3092 1.3096 Source: OCBC22 words
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Article154 2011-12-16 26 Dec 15 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2969 1.2981 0.9897 0.9905 Canadian dollar 1.2619 1.2626 0.9630 0.9634 Euro 1.7038 1.7044 1.3002 1.3005 NZ dollar 0.9808 0.9814 0.7485 0.7488 Sterling pound 2.0278 2.0287 1.5475 1.5479154 words
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Article121 2011-12-16 26 As at 9am Dec 15 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.328 1.265 Can dollar 1.284 1.235 Euro 1.732 1.666 Sterling pound 2.062 1.983 NZ dollar 1.01 0.962 US dollar 1.329 1.278 Local dollars to 100 units of foreign121 words
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Article160 2011-12-16 26 Dec 15 $S Offer Bid 0vernight 0.04 0.02 1-month 5/16 3/16 2-months 5/16 3/16 3-months 5/16 3/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.30 0.20 1 month 0.45 0.25 2 months 0.55 0.35 3 months 0.65 0.45 6 months 0.90 0.70 9 months 1.10 0.90 12160 words
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4577 2011-12-16 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 Destination4,577 words
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Page 27 Advertisements
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Advertisement26 2011-12-16 27 Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? To All Shipping Advertisers: Please call Joe Wong at 9620 132726 words
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Page 28 Advertisements
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Advertisement102 2011-12-16 28 Shipping lines seeking reliable logistics partners R rgently n cl cl by snipp rs n they -Find youi re in -the Shippii servio ig Time THE BUSINESS TIMES SHIPPING TIMES Announce Your Corporate Development Come publicise your Project Completion, Ship Christenings Delivery of Newbuilds, Vessel Conversion Refurbishment, Award Wins Certifications,102 words
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executive lifestyle
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Article, Illustration1928 2011-12-16 29 NATALIE KOH - STAND UP and be counted Stand-up comedy is fast catching on, with the larger comedy clubs Comedy Masala and Comedy Club Asia drawing top dollar with growing audiences and more private events organisers asking for comedians to host or perform, reports NATALIE KOH OVER the past decade, there have beenPHOTOS: WILSON WONG, COMEDY MASALA, COMEDY CLUB ASIA, DREAM ACADEMY PRODUCTIONS - 1,928 words
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CINEMA
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Article, Illustration422 2011-12-16 30 NG JIE HUI - By NG JIE HUI THE inaugural Societe Generale Private Banking 1st Rendezvous with French Cinema, which ended on Tuesday, was a success with encouraging attendance numbers. The six-day event attracted a total of 5,528 a 19 per cent increase over last year’s French Film Festival, which itFRENCH FILM FESTIVAL - 422 words
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Article, Illustration662 2011-12-16 30 DYLAN TAN - Director Brad Bird’s Mission: Impossible Ghost Protocol is the one to beat, reviews DYLAN TAN FROM start to end, Mission: Impossible Ghost Protocol looks, sounds and feels every bit like the blockbuster it sets out to be. It’s not afraid of seeing its multi-million-dollar budget goPARAMOUNT PICTURES - 662 words
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Article, Illustration460 2011-12-16 30 DYLAN TAN - By DYLAN TAN If you thought the music of Lady Gaga was unbearable, you haven’t heard anything. Prepare to give your eardrums a beating as a bunch of sing-ing-and-dancing rodents tear through some of today’s biggest hits (Lady Gaga’s Bad Romance, Born This Way; LMFAO’s Party Rock460 words
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Article, Illustration778 2011-12-16 30 CHRISTOPHER LIM - DVD/BLU-RAY 2011 ROUND-UP By CHRISTOPHER LIM Tron Legacy (Blu-ray) OLD films look great when they’ve been remastered for Blu-ray, but the medium is truly flattered by new movies shot with the latest equipment, such as Tron Legacy. The film’s seamless mix of physical props andPHOTOS: FILE, CATHAY-KERIS FILMS - 778 words
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FESTIVALS AROUND THE WORLD
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Article, Illustration1051 2011-12-16 31 LETITIA TAN - Every year, for four nights in December, the city morphs into another world. This year, Singapore, too, got into the act. By LETITIA TAN Freelance writer Letitia Tan works at a fund management firm Brought to you by Ascott LYON, the capitalAP PHOTOS; REUTERS, AFP - 1,051 words
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MUSIC/GAMING
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Article, Illustration1022 2011-12-16 32 CHRISTOPHER LIM - Musicians at the top of their game helped shape music in 2011, writes CHRISTOPHER LIM The Romantic Violinist: A Celebration of Joseph Joachim Daniel Hope There’s nothing wrong with traditional classical music CDs that comprise unrelated repertoires and have a boring album cover. Some of the1,022 words
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Article, Illustration554 2011-12-16 32 CHRISTOPHER LIM - GAMING ROUND-UP 2011 By CHRISTOPHER LIM Superbrothers: Sword Sworcery EP THE best-looking game for Apple iPads and iPhones may be the repetitive Infinity Blade II, but the title that firmly established mobile gaming’s potential for depth and digital art this year is Superbrothers: Sword Sworcery EP.554 words
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Article, Illustration554 2011-12-16 32 LEE U-WEN - By LEE U-WEN ONE would have imagined that a three-hour concert featuring nine gorgeous South Korean lasses with legs that go on forever would attract a predominantly male audience. As it turned out, the loudest screamsduring the Girls’Generation concert last Saturday came from the fairer sex manyPHOTOS: RAYMOND PHANG - 554 words
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ARTS/BOOKS
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Article, Illustration787 2011-12-16 33 NATALIE KOH - Way before the The Wizard of Oz, a prequel brews with good and bad witches in the Hogwarts-style Munchkinland, reviews NATALIE KOH AFTER months of anticipation, audiences in Singapore finally got a taste of international hit musical Wicked. The mixed reviews it received obviously haven’t kept the musicalPHOTOS: ANDREW RITCHIE, JEFF BUSBY - 787 words
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Article, Illustration774 2011-12-16 33 R SIVANITHY - BOOK REVIEW By R SIVANITHY IN 1Q84, Japanese author Haruki Murakami’s considerable imagination is exercised to its fullest. Readers are transported to a parallel reality where two moons hang in the sky, Little People a few millimetres tall can control religious fanatics and dopplegangers are born774 words
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Article, Illustration596 2011-12-16 33 NATALIE KOH - By NATALIE KOH THE Singapore Dance Theatre’s (SDT) version of The Nutcracker this year may have differed from the original, but it was definitely memorable in its own right. For this year’s run, artistic director Janek Schergen’s interpretation defies tradition because596 words
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AROUNDTOWN
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Article153 2011-12-16 33 FOLLOWING its highly-acclaimed political play, Charged, Teater Ekamatra is taking another political piece, Mata Hati (above), which examines political leadership by racial minorities in Singapore. A former minister, Amir Mahmood, once had the nation at his feet, but was brought to shame due to a153 words
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Article165 2011-12-16 33 Take sculptures from the Qin and Han Dynasties, recreate them with modern techniques and materials, and you have Chinese sculptor Cai Zhisong’s works of art. Using glass-fibre reinforced resin and thin sheets of metal, Cai reimagines statues of empirical figures, servants and warriors, into innovative sculptures that165 words
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Article150 2011-12-16 33 When French artist Jean-Philippe Haure first decided to go to Indonesia, he wanted to serve in a craft school set up by a Catholic Community. But the culture of Bali inspired him so much, that it influenced his artistic development as a meditative artist. Now, you get to150 words
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Article129 2011-12-16 33 NATALIE KOH - Compiled by NATALIE KOH If you’re an artist looking for grants for a project, the Arts Network Asia (ANA), a grants programme, is calling out for applications for projects for April 2012. The ANA supports projects by artists, cultural workers, arts activists, and arts communities in Asia129 words
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ARTS
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Article, Illustration965 2011-12-16 34 DEBBIE YONG - By DEBBIE YONG LIKE the concert equivalent of a box of chocolates, one really never knows what to expect when it comes to Crazy Christmas. The 2011 instalment of Dream Academy’s annual Yuletide musical goes from giggly to educational and then sentimental and later heart-wrenchingly grievous all inPHOTOS: - 965 words
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Article, Illustration807 2011-12-16 34 CHEAH UI-HOON - Cheah Thien Soong articulates in brushwork the words of masters, writes CHEAH UI-HOON ONE of the things that Cheah Thien Soong recalls from the late Cheong Soo Pieng, is how he would “dot” each painting after he was finished. “I asked him what the dot was for,”PHOTOS: HENG ARTLAND CO - 807 words
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Article, Illustration674 2011-12-16 34 LYNN KAN - By LYNN KAN HE is the oomph and pow behind the BigBang–oftheKoreanpopvariety, that is. Shaun Evaristo, the American choreographer to Kpop stars like Big Bang, Se7en, and 2ne1, is proud to say that without dance moves thought up by slick movers like himself, Kpop mania wouldn’t be674 words
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WINE
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Article, Illustration1071 2011-12-16 35 N K YONG - Under the able stewardship of John Kolasa, who was previously from Chateau Latour, Chateau Rauzan Segla, now owned by the Wertheimer family of Chanel, goes to head of its class, writes N K YONG BACK in the late 1980s when I was starting my exploration of Bordeaux, ChateauPHOTOS: FILE, CHATEAU RAUZAN SEGLA - 1,071 words
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Article, Illustration1136 2011-12-16 35 CHRISTOPHER LIM - By CHRISTOPHER LIM CHRISTINE VERNAY and Ayana Misawa are both successful female winemakers but they will be the first to tell you that the realm of wine is still a man’s world. Christine Vernay, 54, has had accolades heaped upon her since she took over1,136 words
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Article, Illustration514 2011-12-16 35 SAMUEL EE - By SAMUEL EE IF you think a bottle of Chateau Rauzan-Segla 2009 looks a bit more fashionable, you’re not wrong. This particular vintage of the second growth wine from Margaux in Bordeaux bears the artistic input of none other than Chanel designer Karl Lagerfeld. ChanelownsRauzan-Seglaandtocelebratetheestate’s350than-niversary, the514 words
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Page 29 Advertisements
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Advertisement12 2011-12-16 29 YEARENDER The year’s best in movies, music and games PAGES 30 3212 words
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Page 31 Advertisements
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Advertisement164 2011-12-16 31 NOW DEFINING GLOBAL LIVING IN EUROPE I fm Experience the elegance of AscottThe Residence and the vibrance of Citadines Apart'hotel when you stay at any of our 44 fully furnished serviced residences, located in the heart of 19 cities in Europe. Be it for business or pleasure, there is an164 words
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Page 34 Miscellaneous
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Miscellaneous328 2011-12-16 34 CRYPTIC CROSSWORD Across 1 Impose legal constraint on nuisance with past (4,4) 5 Think about returning beyond Atlantic? (6) 8 Support the Continental drive (6) 9 Slowcoach gently coming into land (8) 10 Humiliation as large number now drunkenly collapse (8) 11 Amount spent is better with no pence (6)328 words
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Advertisement69 2011-12-16 36 j O O S A/ a s<t z m 'y. Ay 6 n .>* a y\_ *o< 7 A >y i /xyvXr i*o, Wi <T y&tCO v "s X V X °0 vY^ L «y Al vX /> CO 4UPA a ■f </* ZX JEM ;cn •y iH CO B2269 words
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