The Business Times, 12 April 2012

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Total Pages: 55
1 56 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Thursday, April 12, 2012
    25 words
  • 785 1  -  Bo Xilai’s ouster spells uncertainty for firms in the short term, but long term still seems promising By JAMIE LEE [SINGAPORE] The dramatic purge of Bo Xilai the former chief of Chongqing city from the Politburo in China this week is expected to make
    785 words
  • 702 1  -  Investors free to pursue action in New York as MS bid to have case heard here takes a hit By GRACE LEONG [SINGAPORE] The US Court of Appeals has rejected Morgan Stanley’s bid to block Singapore investors of the failed Pinnacle Notes
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  • MARKETS DIGEST
    • 108 1 HST INDEX 2,946.44 (-36.00) HST INDEX FUTURES 2,931 (-36.00) HSIMSCI 338.28 (-3.64) HSIMSCI FUTURES 335.50 (-3.80) us$ s$ US$ (S$ per US$) 1.260 (US$/S$ per 1.589 2.003 EURO (US$/S$/E) 1.309 1.650 Foreign currency per US$ S$ YEN 80.60 64.00 RM 3.066 2.432 HK$ 7.765 6.161 BAHT 30.96 24.56 RUPIAH
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    • 20 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.734 TAIWAN 5.036 JAPAN 1,475 Source: Source: Bloomberg Source: Bloomberg
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  • Page 1 Advertisements
    • 249 1 QUAKE FEARS Tremors, aftershocks off Indonesia stir panic PAGE 2 BizIT Mobility solutions gaining foothold PAGE 31 PROPERTY Surprise top bid for Pasir Ris site PAGE 11 GST Towards a more competitive S’pore PAGE 27 Live at the centre of it all. Every SOHO is a hive of boundless eative
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    • 2 1 *****1 *****4
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  • TOP STORIES
    • 567 2 Greater versatility and more features with revamped site ONLINE readers of The Business Times may be in for a pleasant surprise when they check out the newspaper’s website today. Singapore’s premier financial paper, The Business Times, has given its online site www.businesstimes.com.sg
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    • 738 2  -  Spanish, Italian govt bond yields fall from monthly highs and prices recover By NEIL BEHRMANN In London THE eurozone is in a new dimension while crisis continues in Spain, Portugal, Greece and Italy, Germany is booming. After plunging on Tuesday, European stock markets
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    • 534 2 Tremors also felt in S’pore; but tsunami warnings cancelled Reuters [BANDA ACEH] A powerful 8.6-magnitude earthquake and a series of strong aftershocks struck off Indonesia yesterday, sending people scurrying from buildings as far away as southern India, but there seemed little risk of
      Reuters; REUTERS  -  534 words
    • THREE-MINUTE DIGEST
      • 51 2 THE dramatic purge of Bo Xilai the former chief of Chongqing city from the Politburo in China this week is expected to make some Singapore businesses operating in the city cautious in the short term. Singapore companies with exposure to Chongqing took a beating
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      • 56 2 THE US Court of Appeals has rejected Morgan Stanley’s bid to block Singapore investors of the failed Pinnacle Notes from pursuing their case in New York. In a landmark decision, it declined to re-examine a federal court ruling that allowed the investors’
        56 words
      • 53 2 THE eurozone is in a new dimension while crisis continues in Spain, Portugal, Greece and Italy, Germany is booming. After plunging on Tuesday, European stock markets and the euro tentatively recovered while depressed Spanish and Italian government bond yields fell from their monthly highs
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      • 73 2 THE days of betting on the almost sure appreciation of the yuan appear to be over. Analysts are forecasting a slower and shakier climb for the currency as China faces slower growth, a shrinking trade surplus, and gradually loosens controls on its
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      • 48 2 DBS Group Holdings will be pumping 2.3 billion yuan into its China unit to fund its rapidly growing business there. The capital injection into DBS China increases its registered capital by close to 60 per cent, the bank said yesterday.
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      • 62 2 ANALYSTS were surprised by the “bullish” top bid of $472 per square foot per plot ratio for a 251,036 square feet site located at Elias Road/ Pasir Ris Drive 3. Put up by Elitist Development, the top bid was 19.3 per cent higher
        62 words
    • 570 4  -  Analysts cite slower growth, shrinking trade surplus, easing of forex controls By EMILYN YAP [SINGAPORE] The days of betting on the almost sure appreciation of the yuan appear to be over. Analysts are forecasting a slower and shakier climb for the currency
      570 words
    • 638 4  -  By KENNETH LIM [SINGAPORE] Robust palm oil prices are buoying the share prices of plantation stocks and forcing analysts to reconsider their forecasts. “You can argue that the market is overshot or overbought from a near-term perspective, but we were looking
      638 words
    • 654 4  -  By CHUANG PECK MING [SINGAPORE] Senior compliance specialists are in high demand. Their annual starting pay in Singapore almost doubled in the past two years to $220,000, said recruitment firm Robert Half. These specialists are especially sought-after in the banking and financial services sector
      654 words
    • 730 4  -  Slight recovery likely in 2013, depending on world outlook By ANTHONY ROWLEY By in Tokyo SINGAPORE’S economic growth is set to lag well behind that of the rest of South-east Asia this year before recovering partially in 2013 and it
      730 words
    • 558 4 But veterans say it’s not at odds with firm’s positions; in line with its hedging Reuters [NEW YORK] Global markets are abuzz with speculation that a top JP Morgan trader had built up a complex US$100 billion position in a credit derivative
      Reuters  -  558 words
    • 598 4  -  Hiring expectations fall sharply in tight labour market By CHUANG PECK MING [SINGAPORE] Has last year’s tight labour market unemployment stood a 14-year low of 2 per cent soaked up all the good men and women, with only mediocre pickings left for employers
      Source: The Hudson Report, Singapore − Q2 2012  -  598 words
  • Page 2 Advertisements

  • Page 3 Advertisements
    • 56 3 www.vw.com.sg You can’t buy style* m Well just this once you can. New CC. Test drive the stylish 4-door coupe at Volkswagen Centre Singapore today. V m Volkswagen. Das Auto. Volkswagen Centre Singapore, 26 Leng Kee Road and 247 Alexandra Road. Telephone 6474 8288. Actual specifications may differ from the
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  • Page 5 Advertisements
    • 139 5 220 BHP 7.8s 0-100 9/ LITRES .O /100KA EURO 5-STAR NCAP 40 AWARDS s J If N W ZA A V St 5 EUROrpvNCAP V. WWW.eUIUMLdp.LUm conditions apply. The INSIGNIA 2.0L TURBO RUN-OUT SALE. FEW UNITS AT $159,999*. IMMEDIATE DELIVERY. NOW THAT’S FAST. Only a few units left of the
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  • COMPANY NEWS
    • 549 6  -  By LYNETTE KHOO A CLOSELY watched court hearing on an application by regulators here to freeze funds belonging to the former chief executive officer of China Sky Chemical Fibre has been adjourned. The application filed by the Monetary Authority
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    • 547 6  -  Capital injection into DBS China to boost its registered capital by close to 60% By SIOW LI SEN DBS Group Holdings will be pumping 2.3 billion yuan ($460 million) into its China unit to fund its rapidly growing business in the
      547 words
    • 625 6 DBS Bank said yesterday that it was reasonably upbeat about getting approval for its bid for Indonesia’s Bank Danamon in the second half of 2012, despite the rumblings of nationalism among some local bankers and politicians. “DBS will work closely with
      625 words
    • 378 6  -  Initial public offer pipeline likely to be strong in Q2: HSBC By LIM WEI SHENG THE initial public offering of Indonesian palm oil producer Bumitama Agri has attracted overwhelming response from investors, with a subscription rate of over 30 times for 297.5 million shares. It
      378 words
    • 253 6 Bloomberg [SINGAPORE] Fincantieri SpA, the Italian state-controlled shipbuilder, is among final bidders for a stake in STX OSV Holdings Ltd, the world’s biggest maker of offshore support vessels, said two people with knowledge of the matter. An investment fund also submitted an offer, one
      Bloomberg  -  253 words
    • 601 7  -  But HK deal maker will still pursue claims against Dapai’s chairman By LYNETTE KHOO A HONG Kong deal-maker has decided to drop a lawsuit against backpack maker Dapai International over a botched dual-listing plan but will continue to pursue claims against the
      601 words
    • 611 7  -  SGX newbie upbeat on oil gas industry outlook in Australia By RONNIE LIM AUSTRALIA’S Civmec whose shares start trading here tomorrow intends to go into more technologically challenging and higher value activity like structural mechanical piping (SMP) work for the oil gas
      611 words
    • 353 7  -  By CARINE LEE CHINA Fashion Holdings is venturing into the oil production business in a $41.34 million reverse takeover deal. The garment manufacturer and retailer said yesterday that it plans to acquire oil and gas firm Golden Rainbow Enterprise Limited from
      353 words
    • 439 9  -  The stock has never traded at or above that price in the last five years, it says By JASMINE NG THE board of directors of China Healthcare is recommending that shareholders accept the company’s cash offer of 28 cents per share.
      FILE PHOTO  -  439 words
    • 221 9  -  By TEH SHI NING MAS has taken civil penalty enforcement action against Lau Kee Swan for opening trading accounts and using them to trade for the benefit of a third party, while giving brokerage houses the impression that those trades were his own. Mr
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    • COMPANY BRIEFS
      • 69 9 DAIRY Farm International Holdings has agreed to buy 70 per cent of a Cambodia-based supermarket chain, according to its FY11 annual report, while its local joint venture partner retains a 30 per cent stake. This increases the number of Asian territories in which
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      • 89 9 THE Singapore Exchange and CIMB Securities will work with the Financial Training Institute at the Singapore Management University to run a training programme to equip new trading representatives with skills to trade professionally and provide financial advisory services focused on meeting clients’ needs. SGX
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      • 72 9 LIAN Beng Group has reported net profit of $40.54 million for the nine months ended Feb 29, a 10 per cent rise from $36.86 million a year ago. Revenue fell 12.2 per cent to $333.7 million, from $379.9 million previously. This was
        72 words
      • 77 9 THE Oxley Holdings-led consortium that bought Seletar Gardens en bloc last month has formalised its joint venture. Oxley Holdings will own 55 per cent of Oxley YCK, which is redeveloping the property for sale. Unique Consortium, in which KSH Holdings and Tee International hold stakes
        77 words
      • 55 9 TECHNICS Oil and Gas has posted a Q2 net profit of $6 million, up 12 per cent from $5.4 million a year ago on a 42 per cent jump in revenue to $49.8 million from $35 million previously. The group expects a stronger
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      • 46 9 FOLLOWING its annual general meeting yesterday, Neptune Orient Lines has confirmed the retirement of non-executive chairman Cheng Wai Keung, which was earlier announced in December. Nominating committee chairman Bobby Chin also retired yesterday, after having been a non-executive director since December 2006.
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      • 71 9 ASIA Power’s independent auditors Deloitte Touche have issued a qualified opinion on the company’s financial statements for the year ended Dec 31. Deloitte was unable to obtain sufficient audit evidence on the carrying amount of Asia Power’s investment in one of its associates, Zhouzhi
        71 words
      • 39 9 HUTCHISON Whampoa has hired HSBC and DBS Bank to help arrange meetings with credit investors, according to a person familiar with the matter. The meetings will be held in Singapore today, the person said.
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  • Page 6 Advertisements
    • 205 6 THE BUSINESS TIMES “A CHORUS LINE” CONTEST SEVENTEEN DANCERS. EIGHT SHOTS. ONE DREAM k I THE CLASSIC BROADWAY MUSICAL FOR A NEW GENERATION -r I i OPENS MAY 2012. FOR A LIMITED SEASON ONLY! Following a sold-out season in Australia, A Chorus Line is set to enthral Singapore audiences with
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  • Page 7 Advertisements
    • 54 7 IG MARKETS *haf. Your f, r Ode? We only execute CFD trades at the price you see or better IS DIFFERENT FIND OUT HOW IGMARKETS.COM.SG CFD trading can result in losses that exceed your initial deposit Excluding non-Guaranteed Stop orders IG Markets (ACRA No. *****621X) is licensed by the MAS
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  • SINGAPORE MARKETS
    • 586 8  -  Trading in Singapore continues to see low turnover with a heavy bias towards low-priced speculatives STOCKS R SIVANITHY Senior Correspondent ONCE the short-cover-ing is completed, the shorting and/or selling can resume. Such was the case yesterday when the Straits Times Index lost 36 points,
      Source: Bloomberg  -  586 words
    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 10 2 0 0 0 4 10 2 Manufacturing 43 68 29 10 1 9 53 69 38 Commerce 19 28 17 6 4 3 25 32 20 Tpt/Stor/Comms 6 27 7
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    • 123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 22,300 22,300 87,855 87,855 Manufacturing 497,528 359,286 856,814 197,086 11,134 208,220 Commerce 460,872 24,211 485,083 164,375 1,198 165,573 Tpt/Stor/Comms 165,371 34,031 199,402 165,222 6,496 171,718 Finance 30,488 20 30,508 171,315 3 171,318 Construction 413,898 71,179
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    • 114 8 Stock name Close Change Stock name Close Change CapMallsAsia 1.545 -0.030 CapitaLand 2.960 -0.080 CapitaMall 1.785 -0.015 CityDev 10.700 -0.220 ComfortDelGro 1.515 -0.015 DBS Grp 13.190 -0.070 F&N 6.590 -0.090 GLP 2.100 -0.020 Genting SP 1.680 -0.005 Golden Agri 0.780 -0.015 HK Land 5.850 -0.140 JMH
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    • 4 8 DAILY
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    • 65 8 Apr 11 VALUE CLOSE BT OB/OS -379.00-288.00 BT CADI -*****.00 -95.00 BT 10-day MA -*****.00 -38.00 FTSE ST Mid Cap 686.18 -3.21 FTSE ST Small Cap 464.81 -2.16 FTSE ST All Share 714.78 -7.57 FTSE ST China Top 222.95 -2.75 FTSE ST China 250.14 -3.60 FTSE ST
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    • 56 8 VOLUME MDR 284,380,000 HLH Grp 264,399,000 TT Intl 260,799,000 SingXpress 215,625,000 MDR W*****5 176,607,000 Liang Huat 166,165,000 Ntegrator 141,723,000 Goldtron 126,312,000 Informatics 124,275,000 ChinaFashion 106,200,000 VALUE($) DBS Grp 94,314,090 Keppel Corp 58,019,790 Golden Agri 49,192,300 Noble Grp 48,771,500 SembMar 45,166,180 Interra 42,366,220 Genting SP 40,237,275 CapitaLand 35,677,320
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    • BROKERS’ TAKE
      • 360 8 April 11 close: $1.00 OCBC INVESTMENT RESEARCH, April 11 SUCCESSFUL private placement: Cache Logistics Trust (Cache) recently announced the close of its private placement of 60 million new units. The issue price was fixed slightly north of the midpoint of the initial price range at $0.985 apiece
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      • 359 8  -  Compiled by JAMIE LEE April 11 close: $4.79 CITI INVESTMENT RESEARCH, April 10 MORE selective hikes this round: We expect price hikes later in April, with an 8 per cent increase for Wilmar’s Arawana branded rapeseed and peanut based cooking oil packs. These are smaller volume oils, accounting
        359 words
      • 136 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
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    • 508 8 CURRENCIES Bloomberg [SINGAPORE] Asian currencies fell after an increase in borrowing costs for Spain re-ignited concerns about Europe’s debt crisis and damped demand for higher-yielding assets. Indonesia’s rupiah reversed gains after a magnitude-8.9 earthquake struck northern Sumatra. Bond yields rose in Spain
      Bloomberg; AFP  -  508 words
    • 111 8 BY CENTS CLOSE UP GLD 10US$ ***** 114.7 0.6 DBXT FTVietnam 10US$ 2513 79.4 2.6 DBXT S&P Short 10US$ 3788 60.5 1.3 DBXT AUD Bonds 5AU$ ***** 33.6 0.1 B Sembawang 499 23.0 4.8 SATS 264 11.0 4.3 OCBC Bk 4.5%NCPS 100 ***** 8.0 0.1 FirstRes 198.5 7.5 3.9
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    • 127 8 BY CENTS CLOSE DOWN DBXT AUDCS 5US$ ***** -973.9 -3.6 DBXT iBoxxKR 5US$ ***** -311.2 -1.9 Hyflux 6% CPS 10 ***** -241.0 -2.2 IS S&P500 ***** -180.2 -1.0 Jardine C&C 4702 -123.0 -2.5 JMH 5112 -103.3 -1.6 DBXT MSEurope 10US$ 4182 -92.0 -1.7 DBXT MSKorea 10US$ 5762 -79.4 -1.1
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    • 5 8 DAILY
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  • Page 9 Advertisements
    • 463 9 PRIME MANHATTAN NEW YORK CITY Luxurious living alongside the East River Yields up to EAST EXHIBITION Sat 14th& Sun 15thApril 11am 7pm Hilton Hotel Thailand Singapore Room Level 5, 581 Orchard Road Singapore *****3 SEMINAR Sat at 3pm 4pm WHY NEW YORK WHY NOW? RSVP LIMITED SEATS Prices from USD699,000*
      463 words

  • SINGAPORE NEWS
    • 539 10  -  It prods businesses, investors to make S’pore bigger part of their global plans By MALMINDERJIT SINGH SINGAPORE is looking to attract more Latin American businesses to set up here and to use the Republic as a base to invest in the region’s economic growth.
      539 words
    • 275 10  -  It signs MOU with PUB on water treatment R&D By LIM WEI SHENG TOSHIBA Corporation announced the opening of an Aqua Research Centre, its first water treatment R&D centre outside Japan, at the Public Utilities Board’s (PUB) WaterHub yesterday. At a ceremony officiated
      275 words
    • 367 10  -  By TIMOTHY LOH THE Singapore Institute of Technology (SIT) unveiled designs of its distributed campuses to the public for the first time at The Arts House yesterday. SIT was established in 2009 and began taking in students the following year, in line
      367 words
    • 511 11  -  Elitist Devt’s offer of $472 psf ppr beats nearest rival’s bid by 19.3% By MINDY TAN ANALYSTS were surprised by the “bullish” top bid of $472 per square foot per plot ratio (psf ppr) for a 251,036 square feet site located at Elias
      511 words
    • SINGAPORE ROUNDUP
      • 51 11 REGIONAL industry network, the Ageing Asia Alliance, was launched yesterday at the Ageing Asia Investment Forum. It aims to link up businesses, governments and community leaders in Asia to improve the quality of eldercare in the region as well as facilitate the transfer of
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      • 65 11 THE Ministry of Health will be adjusting the healthcare subsidy for permanent residents (PRs) for inpatient services, day surgery and specialist outpatient clinics in the restructured hospitals, as well as for intermediate and long-term care services. With this adjustment, the subsidy for PRs
        65 words
    • 381 11 Bloomberg [SINGAPORE] Lee Theng Kiat, president of Temasek Holdings Pte, has sued the Singapore unit of Primus Pacific Partners Ltd, a Hong Kong-based private equity firm, seeking to shutter the unit for failing to pay rent on a bungalow. Primus Ventures (Singapore)
      Bloomberg  -  381 words
    • 326 11  -  By SAMUEL EE THE Committee of Inquiry (COI) into last December's MRT disruptions will begin its public hearing on Monday at the Subordinate Courts. The government-appointed COI will look into the causes of the massive breakdown on the North-South Line on Dec
      326 words
    • 333 11  -  By MINDY TAN TWO adjoining freehold residential sites Serangoon Mansion and 23 Race Course Lane have been put up for sale by tender. Serangoon Mansion, which comprises nine walk-up apartments, and from which 100 per cent consensus from owners has
      333 words
  • Page 10 Advertisements
    • 2328 10 a* WATS NOTICES i Toll free 1800-289-8822 Email notices@sph,com.sg www.cats.com.sg/notices SOUP RESTAURANT GROUP LIMITED (Company Registration No. *****3597Z) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Soup Restaurant Group Limited (“the Company”) will be held at 150
      2,328 words

  • Page 11 Advertisements
    • 67 11 m .20'" yinmvetsaly reoATasia 12 15 APRIL 2012 I MARINA AT KEPPEL BAY SINGAPORE WWW.BOAT-ASIA.COM Asia’s leading boating luxury lifestyle event Parking can be found at the following locations Harbourfront Centre Marina at Keppel Bay Reflections at Keppel Bay Show Gallery Vivo City Produced by In Partnership with Official Champagne
      67 words
    • 180 11 ii HUATING Restaurant Level 2 V 5 > mm i LENT COGNISIN EWARD Z: upported By Held Primary Educati Official Trophy Pa urn I i 2012 For selecting Hua Ting’s Masterchefs You made these double honours possible World Gourmet Series Awards Of Excellence 2012 Group Masterchef Chan Kwok Hall of
      180 words

  • ECONOMY WATCH
    • 1302 12 Country’s expansion is being increasingly powered by domestic demand Bloomberg [LONDON] Germany’s economic expansion is increasingly home-grown. Unemployment at a two-decade low, wages accelerating out of years of restraint and falling borrowing costs are spurring consumers in Europe’s linchpin economy to spend more. Showcased
      Bloomberg; AP  -  1,302 words
  • Page 12 Advertisements
    • 2235 12 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices INTERNATIONAL PRESS SOFTCOM LIMITED (Incorporated in the Republic of Singapore) (Company Reg. No. *****1169E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of INTERNATIONAL PRESS SOFTCOM LIMITED will be held at 26 Kallang Avenue, Conference Room,
      2,235 words

  • GOVERNANCE FOR ADVANTAGE
    • 1542 13  -  Along with the debate linked to independence and multiple directorships is another code revision proposal that independent directors make up at least half the board, reports JAMIE LEE JAMIE LEE THE old, thorny issues of Singapore’s Code of Corporate Governance refuse to go away. With no
      FILE PHOTO  -  1,542 words
  • Page 13 Advertisements
    • 167 13 CPA Forum 2012 Sound corporate governance the sustainable advantage Thursday 26 April 2012 9.00am–1.00pm Mandarin Orchard Hotel CPA Forum 2012 analyses the critical issues and concerns in corporate governance faced by Singapore companies. Hear our high-level panellists share their views on major corporate governance trends and best practices in areas
      167 words
    • 52 13 This is the second in a four-part corporate governance thought leadership series that looks at the impact of proposed revisions to the Code of Corporate Governance in Singapore. The series is brought to you by CPA Australia, in conjunction with this year’s CPA Forum that will be held on April
      52 words

  • Page 14/15 Advertisements
    • 127 14/15 .SAVolkswagen r Singapore v A m %WI I; IIJ i sm r o ■M rJV Congratulations to Volkswagen on the opening of its 2nd dealership, in MacPherson. citibank Colourgloss Newcar Services 8 DBS H A KhattarWong Partnership in Practice Q) KIAIM HUA MOTOR CO.PTE LTD o I 1 I concept
      127 words

  • MALAYSIA
    • 306 16 Located at Penang Science Park, it will be completed by the year’s end [KUALA LUMPUR] A RM30 million (S$12.3 million) biotechnology incubator is taking shape in Batu Kawan on the Penang mainland as part of the federal government’s efforts to boost the biotechnology
      306 words
    • 322 16 Sultan Abdul Halim calls for equality and prosperity for all AFP [KUALA LUMPUR] Malaysia’s new king called for equality for all in the mul-ti-ethnic Asian nation as he was enthroned yesterday in a lavish ceremony steeped in centuries-old royal traditions. Sultan Abdul Halim Mu’adzam Shah, 84,
      AFP; REUTERS  -  322 words
    • 272 16 [KUALA LUMPUR] Hong Leong Bank has sealed a sale and purchase agreement with Hong Leong Capital to sell its 100 per cent stake in MIMB Investment Bank for RM157.9 million. The proposed acquisition is part of an exercise to rationalise the investment banking businesses involving
      272 words
  • Page 16 Advertisements
    • 2419 16 a* WATS NOTICES I:: free 1800-289-8822 Email notices@sph,com.sg www.cats.com.sg/notices MANN SENG METAL INTERNATIONAL LIMITED (Incorporated in Singapore) (Company Registration Number *****8800R) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of the Company will be held at Blk 18 Sin Ming Lane, #06-08 Midview City,
      2,419 words

  • GREATER CHINA
    • 691 17 Group already runs Venetian Macau, Sands Macau, Plaza Macau Four Seasons AFP Bloomberg [MACAU] Las Vegas Sands Corp opened its fourth casino in the booming Asian gaming capital of Macau yesterday, transforming a “swamp” earmarked for a fireworks factory into a US$5
      AFP; Bloomberg  -  691 words
    • 304 17 New system will facilitate unit’s use in trade, investment Reuters [BEIJING] China’s central bank is building a new system to settle cross-border yuan payments, a key back-office project aimed at facilitating the Chinese currency’s use in international trade and investment. The China International
      Reuters  -  304 words
  • Page 17 Advertisements
    • 2988 17 SAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices i Si HARRY’S HOLDINGS LTD. (Company Registration No. *****7226K) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Harry’s Holdings Ltd. (“the Company”) will be held at Harry's Upstairs Boat Quay, 28 Boat
      2,988 words

  • INDIA
    • 728 18 Delhi is also preparing to challenge American import duties on steel pipes from India Reuters [NEW DELHI] India is challenging a US law that raised visa fees for high-skilled foreign workers as a violation of global trade commitments and is planning
      Reuters  -  728 words
  • Page 18 Advertisements
    • 3648 18 KATJ3 NOTICES ,i I I. Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CITYNEON HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Registration No. *****3628E) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Cityneon Holdings Limited (“the Company”) will be held at 84 Genting Lane,
      3,648 words

  • WORLD
    • 380 19 Mizuho opens office in the country; All Nippon to resume regular flights Reuters [TOKYO] Myanmar will set up a security exchange with the help of the Tokyo Stock Exchange (TSE) and Daiwa Securities Group as the resource-rich nation hunts for foreign
      Reuters  -  380 words
    • 709 19 Reuters [NICOLLET, Minneapolis] Two Federal Reserve officials expressed concern about the central bank’s ul-tra-loose policy on Tuesday, keeping pressure on their colleagues not to launch another round of monetary easing. Minneapolis Federal Reserve Bank president Narayana Kocherlakota said the US central bank
      Reuters; BLOOMBERG  -  709 words
    • 683 20 Prices at record low due to supply glut; survival depends on swift political action Reuters [LONDON] Europe’s carbon market faces its worst crisis ever since its launch in 2005, and its survival depends on whether policymakers and politicians act fast, says a veteran trader.
      Reuters  -  683 words
    • 302 20 AP [NEW YORK] Apple, already the world’s most valuable company, hit the US$600 billion level for the first time on Tuesday. Only one other company has been worth US$600 billion Apple’s old sparring partner Microsoft Corp. It reached that valuation for 13 trading days around
      AP  -  302 words
    • 639 22 But high payouts mean brokerages may not recoup largesse for at least 2 years Reuters [NEW YORK] Bonuses offered by the US’s biggest securities companies to recruit top brokers are reaching their loftiest levels since the financial crisis, and none of the big firms
      Reuters  -  639 words
    • 531 23 Global team effort needed to protect cyberspace, say security officials Reuters [WASHINGTON] A global cyber arms race is engulfing the Internet and the best way to counter the rapidly escalating threat is combining the efforts of US agencies, private firms and international
      Reuters; REUTERS  -  531 words
    • 572 24 President may face liberal parliament trying to undo what his govt has done Bloomberg [SEOUL] South Korea’s opposition coalition may have won the most seats in parliament, as exit polls projected a tight race with the ruling party of President Lee Myung
      Bloomberg  -  572 words
    • 249 24  -  By MALMINDERJIT SINGH [SINGAPORE] Singapore and Washington have reaffirmed their partnership in securing the global supply chain through a statement that outlines their commitment to key principles. Deputy Prime Minister Teo Chee Hean and US Secretary of Homeland Security Janet Napolitano signed a Joint
      249 words
    • 328 24  -  This will ‘lead to more short-term spikes in volatility’ By ANTHONY ROWLEY in Tokyo IN times of crisis, investors turn to “safe” assets such as US Treasury securities or German bunds but the supply of such assets is shrinking as a result of
      328 words
    • 828 25 Sharp, Panasonic and Sony expect combined full-year loss of US$21 b Reuters [TOKYO] Shares of Sony Corp, the inventor of personal music players, slid more than 7 per cent yesterday after the company more than doubled its annual loss forecast, highlighting the plight
      Reuters; AFP  -  828 words
  • Page 19 Advertisements
    • 3198 19 a* esais notices i Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices SAMKO TIMBER LIMITED (Company Registration No.: *****7815M) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Samko Timber Limited (“the Company”) will be held at Parkroyal on Beach
      3,198 words

  • Page 20 Advertisements
    • 2782 20 notices 1 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IPC CORPORATION LTD (Company Registration No. *****1057M) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of IPC Corporation Ltd (“the Company”) will be held at 23 Tai Seng Drive, #06-00,
      2,782 words

  • FOCUS: BO XILAI
    • 883 21 Bo’s ouster shows Beijing’s resolve to keep political stability: analysts EJ Insight By FREDERICK YEUNG and JULIE ZHU EIJING’S swift and decisive response to the misconduct case of former Chongqing party secretary Bo Xilai should help the ruling Chinese Communist Party (CCP) settle
      EJ Insight; REUTERS  -  883 words
    • 610 21 AFP [BEIJING] Once a rising political star known for busting gangs and reviving Maoist ideals, China’s Bo Xilai has suffered a dramatic fall from grace that now sees him linked to a suspected murder. The 62-year-old was once a leading contender to enter the top rungs
      AFP  -  610 words
  • Page 21 Advertisements
    • 0 21 <[{=,:--/%_%':;"*}<+/$'*}^^@^)?
      0 words
    • 2253 21 CHINA SPORTS INTERNATIONAL LIMITED (Company Registration No. *****) (Incorporated in Bermuda) (the “Company”) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Sindora, Level 2, Crowne Plaza Changi Airport, 75 Airport Boulevard, Singapore *****4 on Monday, 30 April
      2,253 words

  • Page 22 Advertisements
    • 3303 22 WATS NOTICES i Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices AMARA HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Registration No. *****0732N) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Amara Ballroom 2, Level 3, Amara Singapore, 165
      3,303 words

  • Page 23 Advertisements
    • 1383 23 notices Toll free 1800-289-8822 Email notices@sph,com.sg www.cats.com.sg/notices CATS Recruit The first step on your ladder to success CLA/AUG06/g eg) CHINA FASHION HOLDINGS LIMITED (Company Registration No. *****1696K) (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of CHINA FASHION
      1,383 words

  • Page 24 Advertisements
    • 3275 24 NOTICE OF ANNUAL GENERAL MEETING PSC CORPORATION LTD. (INCORPORATED IN THE REPUBLIC OF SINGAPORE) (COMPANY REGISTRATION NO. *****0888M) NOTICE IS HEREBY GIVEN that the Thirty-Eighth Annual General Meeting of PSC Corporation Ltd. (the “Company”) will be held at 348 Jalan Boon Lay, Singapore *****9 on Friday, 27 April 2012 at
      3,275 words
    • 25 24 IPL BUBBLE Is the T20 league struggling for viewership? The beauty on the TajExpress GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
      25 words

  • Page 25 Advertisements
    • 1785 25 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices !(/):-`\?!|'^=$_'}}&(<""<&{^'?] METAL COMPONENT ENGINEERING LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4700N) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of METAL COMPONENT ENGINEERING LIMITED (“the Company”) will be held at 10 Ang
      1,785 words
    • 367 25 In The Matter of The Companies Act (Chapter 50) And In The Matter of HOLAWAH (SINGAPORE) PTE LTD. CO.REG.NO. *****0916N (Incorporated In The Republic Of Singapore) (In Members’ Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the
      367 words

  • EDITORIAL & OPINION
    • 513 26 EDITORIAL THE move to scrap the Financial Investor Scheme (FIS) may have made news but the decision, in fact, should come as no surprise, when one considers the circumstances and Singapore’s socio-economic climate today from a mere decade ago. The Monetary
      513 words
    • 824 26  -  THE BOTTOM LINE ANTHONY ROWLEY Tokyo Correspondent UNTIL a year or so ago, Japan was the world’s second largest economy but now it is the third largest behind the US and China. The way things are going, it may be fourth, fifth or even
      824 words
    • 965 26  -  The European Union cannot accept imbalances between those that push for market opening and those that refuse to do so to grow ever larger By KAREL DE GUCHT, MICHEL BARNIER Karel De Gucht is the EU Commissioner for Trade and Michel Barnier is
      REUTERS  -  965 words
    • 1370 27  -  The GST exemption of financial services does not necessarily give any advantage to financial institutions By KOH SOO HOW PAUL LAU Koh Soo How and Paul Lau are tax partners at PricewaterhouseCoopers Services LLP A RECENT article published in The Business Times (March 28, 2012)
      FILE PHOTO  -  1,370 words
    • 865 27  -  Growing fears about US decline is fuelling the perception that Beijing is pursuing a policy of displacing American power worldwide LEON HADAR Washington Correspondent ONE of my favourite vacation spots is Nassau, the so- called Paradise Island of the Bahamas. So I was worried that
      AP  -  865 words
    • 100 27  -  LETTER TO THE EDITOR Nicholas Ionides Vice-President Public Affairs I REFER to the report “SIA not diverting flights because of N Korea’s rocket launch”, published on April 11, 2012. For the avoidance of doubt, we wish to reassure our customers that none
      100 words

  • Page 27 Advertisements
    • 103 27 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
      103 words

  • Page 28 Advertisements
    • 134 28 n v. JOi S6S ggajRS&g: se use ss* m H sgfc ft a." r-” SSs. as ft? ■m «e M* USK «3 >3 asas x a a i s& ©a K SSS& S3 SB 7S sa n K po<&Sqi SB v S' m m m »s B s ?<j a*.
      134 words

  • AVIATION/SHIPPING
    • 354 29 AFP [NEW DELHI] Shares of struggling Indian airlines surged yesterday on expectations the government will decide this week to allow foreign airlines to pick up stakes in the domestic carriers. The move would throw a lifeline to companies such as cash-squeezed Kingfisher
      AFP  -  354 words
    • 394 29 Move follows steps by US, EU to cut Teheran’s oil trade Reuters [TOKYO] Ship owners covered by Japan P&I club must alert the maritime insurer in advance of any plans to transport Iranian oil and petrochemicals that could fall foul of Western
      Reuters  -  394 words
    • 275 29 Bloomberg [LONDON] A surplus of the largest oil tankers competing to load Middle East crude stayed near a 17month low as demand for cargoes persisted on concern about possible disruption of Iranian supplies. There are 5 per cent more very large crude
      Bloomberg  -  275 words
    • 254 29 SGX '000 Apr 11 S$ +/-Vol CH Offshore 0.39 -0.01 266 Chuan Hup Hldg 0.23 -0.01 50 Cosco Corp 1.10 -0.03 9210 s$ First Ship Lea 0.22 unch 1654 Freight Links 0.06 unch 2503 Grand Banks unch unch 0 Jaya Hold Ltd 0.55 0.01 238 K1Ventures 0.10 unch
      254 words
    • 387 29 Jets will be used for services to countries including S Korea, Japan and Australia Bloomberg [JAKARTA] PT Garuda Indonesia, the nation’s biggest listed carrier, signed a firm order for 11 Airbus SAS A330-300 planes as economic growth spurs business and leisure travel.
      Bloomberg; AFP  -  387 words
    • 322 29 Reuters [BANGALORE] The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, was little changed on Tuesday as sluggish activity for smaller vessels offset an uptick in capesize rates. The overall index, which gauges the cost of shipping
      Reuters  -  322 words
  • Page 29 Advertisements
    • 1158 29 WATS NOTICES JIUTIAN CHEMICAL GROUP LIMITED (Incorporated in the Republic of Singapore (Company Registration No.: *****5416H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Seventh Annual General Meeting of the Company will be held at M Hotel Singapore, Anson IV, Level 2, 81 Anson Road, Singapore *****8
      1,158 words
  • Page 29 Miscellaneous
    • 308 29 CRYPTIC CROSSWORD Across 1 Duty for this French military group (4,5) 6 Crowd round live group (5) 9 Take away motor parked by aristo (4,3) 10 In favour of being generous and granting a pardon (9) 11 Davy with Ken growing straggly pointy beard (7) 12 I had ten before
      308 words

  • Page 30 Advertisements
    • 1280 30 The Business Times Shipping times n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE Email: singapore@balisagp.com Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Antwerp/UK Destination STXPO TBN
      1,280 words
    • 831 30 WALLENIUS WILHELMSEN LOGISTICS Tel: (65) 6379 5066 Fax: (65) 6379 5106 Email: 2wsinenq@2wglobal.com website: http://www.2wglobal.com AUSTRALIA NEW ZEALAND TO ASIA VESSEL VOY AKL BNE PKL MEL FRE SIN ANIARA FF216 06/04 11/04 14/04 16/04 21/04 28/04 TIRRANNA FF217 13/04 17/04 20/04 22/04 27/04 03/05 TALISMAN FF218 20/04 24/04 26/04 02/05
      831 words

  • BizIT THE USINESS OF INFOCOMM TECHNOLOGY
    • 823 31  -  AT&T feels 2012 could be the year the industry sees large-scale deployment of mobility ecosystems, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY Mobility solutions are critical assets to generate new revenue and competitive advantage and are not just tools that increase efficiency and productivity, according to
      823 words
    • 289 31  -  By VICTORIA HO THANKS to its collaboration with the government on an incubation programme, Motorola Solutions Asia-Pacific has a number of local products ready for the mobile healthcare sector. Motorola said its healthcare innovation programme that started last April had received applications from
      289 words
    • 790 31  -  It is the element of human touch which seems to have made all the difference <commentary> VICTORIA HO Reporter EARLIER this week, Instagram, a fast-growing photo-sharing app, was bought by Facebook for a cool US$1 billion. Founded in 2010, the Silicon Valley startup
      790 words
    • 838 31  -  CEO for technology incubator says this will lower risk By JOSHUA TAN INVESTORS should look beyond offering traditional seed funding to technology start-ups seeking to expand their business. Guidance and mentorship should come into the picture as well. Speaking to BizIT,
      838 words
    • 308 31 NYT [SAN FRANCISCO] Yahoo finally gave employees a hint of its strategy on Tuesday. In a memo, Scott Thompson, the company’s new chief executive, told Yahoo’s remaining 12,000 employees that he was revamping the company into three divisions: consumer products, geographic regions,
      NYT  -  308 words

  • Page 32 Advertisements
    • 4030 32 WATS NOTICES 1 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CHINA MINING INTERNATIONAL LIMITED (F.K.A. SUNSHINE HOLDINGS LIMITED) (INCORPORATED IN CAYMAN ISLANDS) (COMPANY REGISTRATION NO. CT-*****5) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of China Mining International Limited will be held at Furama
      4,030 words

  • Page 33 Advertisements
    • 11 33 CATS Recruit The first door to your world of opportunities CLA/AUG06/g
      11 words
    • 2939 33 ASIA WATER TECHNOLOGY LTD. (Company Registration Number: *****0042R) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERALMEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Asia Water Technology Ltd. (the “Company”) will be held at EDB Room, The Fullerton Hotel Singapore, One Fullerton Square, Singapore *****8 on
      2,939 words

  • Page 34 Advertisements
    • 1509 34 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices BBR HOLDINGS (S) LTD (Incorporated in the Republic of Singapore) Company Registration No. *****4349M NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eighteenth Annual General Meeting of BBR HOLDINGS (S) LTD (the “Company”) will be held at 50 Changi
      1,509 words
    • 1598 34 GUTHRIE GTS LIMITED (Incorporated in the Republic of Singapore) Company Registration Number: *****0390N NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty-Third Annual General Meeting of Guthrie GTS Limited (the “Company”) will be held at Raffles Town Club, Dunearn 1 (Level 1), 1 Plymouth Avenue, Singapore *****3
      1,598 words

  • Page 35 Advertisements
    • 1750 35 ASIAN PLANTATIONS LIMITED (Company No. *****9551D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at The American Club, 10 Claymore Hill, Singapore *****3 on Friday, 27 April 2012 at 11.00 a.m. to
      1,750 words
    • 1963 35 AS ORDINARY BUSINESS 1. To receive and adopt the Directors’ Report and the Audited Accounts of the Company for the year ended 31 December 2011 together with the Auditors’ Report thereon. (Resolution 1) 2. 1* KJL-N’J N *+JFb0J’ bN\FJ\J,)b "+N-K0‘0KJ+K *I 2_AEAA; )J’ cGN’J I*’ bGJ [JN’ J+KJK SJLJ,MJ’ >A@@
      1,963 words

  • Page 36 Advertisements
    • 4248 36 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices SOUTHERN PACKAGING GROUP LIMITED (Company Number: *****3312N) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Raffles City Convention Centre, Clark Room, Level 4,
      4,248 words

  • Page 37 Advertisements
    • 737 37 M DEVELOPMENT LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****1764D) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“EGM”) of the members of M Development Ltd. (the “Company”) will be held at 369 Tanjong Katong Road, Singapore *****6 on 27 April
      737 words
    • 2956 37 DEVOTION ENERGY GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number *****8977M) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Oriole, Level 4, Grand Copthorne Waterfront Hotel Singapore, 392 Havelock Road, Singapore *****3 on Friday,
      2,956 words

  • Page 38 Advertisements
    • 4319 38 Times, Thursday, April 12, FALCON ENERGY GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****3817G) NOTICE OF THE EIGHTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of the Company will be held at 10 Anson Road #33-15 International Plaza Singapore *****3
      4,319 words

  • Page 39 Advertisements
    • 1718 39 Times, Thursday, April 12, ASIASONS CAPITAL LIMITED Company Registration No. *****6459N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 70 Anson Road, #24-01 Hub Synergy Point, Singapore *****5 on Friday, 27
      1,718 words
    • 2735 39 CNMC GOLDMINE HOLDINGS LIMITED (Company Registration No.: *****9104K) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM of CNMC GOLDMINE HOLDINGS LIMITED (the “Company will be held at 745 Toa Payoh Lorong 5, #04-01 The Actuary, Singapore *****5
      2,735 words

  • Page 40 Advertisements
    • 4065 40 Times, Thursday, April 12, SUNNINGDALE TECH LTD (Company Registration No. *****8621R) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventeenth Annual General Meeting of the Company will be held at the Marina Mandarin Singapore, Vanda Ballroom, Level 5, 6 Raffles Boulevard,
      4,065 words

  • Page 41 Advertisements
    • 3433 41 TELECHOICE INTERNATIONAL LIMITED (Registration No. *****2072R) (Incorporated in the Republic of Singapore) NOTICE OF FOURTEENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fourteenth Annual General Meeting of TeleChoice International Limited (the “Company”) will be held at Lotus Room The Chevrons 48 Boon Lay Way 3rd Storey Singapore *****1
      3,433 words
    • 2889 41 STRACO CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****3482R) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Amara Singapore, 165 Tanjong Pagar Road, Singapore *****9 on 27 April 2012 at 10.00 a.m. to
      2,889 words

  • Page 42 Advertisements
    • 2720 42 WEE HUR HOLDINGS LTD. Company Reg. No.: *****9510K (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Fifth Annual General Meeting of Wee Hur Holdings Ltd. (the “Company”) will be held on Friday, 27 April 2012 at 11.30 a.m. at Quality Hotel
      2,720 words
    • 2392 42 ASIA POWER CORPORATION LIMITED (Incorporated in the Republic of Singapore on 7 March 1997) (Company Registration No. *****1487C) NOTICE OF ANNUAL GENERALMEETING NOTICE IS HEREBY GIVEN that the 15th Annual General Meeting of ASIA POWER CORPORATION LIMITED will be held at 65 Chulia Street, Peach Garden, The Executives’ Club, OCBC
      2,392 words

  • Page 43 Advertisements
    • 2742 43 EMS ENERGY LIMITED Company No. *****0485D (Incorporated in The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of EMS ENERGY LIMITED (the “Company”) will be held at 1 Robinson Road #18-00 AIA Tower Singapore *****2 on Saturday, 28 April 2012 at
      2,742 words

  • Page 44 Advertisements
    • 2334 44 AA GROUP HOLDINGS LTD. (Incorporated in the Republic of Singapore) (Registration No. *****2064D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of AA Group Holdings Ltd. (the “Company”) will be held at Marina Room, Level 4, Parkroyal Hotel, 7500A Beach Road, Singapore *****1 on
      2,334 words
    • 2741 44 FOOD EMPIRE HOLDINGS LIMITED (Company Registration No. *****1282G) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Food Empire Holdings Limited (“the Company”) will be held at River View Hotel, Lily Ballroom, Level 4, 382 Havelock Road, Singapore
      2,741 words

  • Page 45 Advertisements
    • 4883 45 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices LINAIR TECHNOLOGIES LIMITED (THE “COMPANY”) (INCORPORATED IN THE REPUBLIC OF SINGAPORE) REGISTRATION NO. *****5699D NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Orchid Country Club, 1 Orchid Club Road,
      4,883 words

  • Page 46 Advertisements
    • 2259 46 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices FASTUBE LIMITED (Company Registration No. *****1055E) (Incorporated In the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Fastube Limited (the “Company”) will be held at 6 Battery Road #10-01 Singapore *****9 on
      2,259 words

  • Page 47 Advertisements
    • 5102 47 'S* WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices M DEVELOPMENT LTD. (Company Registration No.: *****1764D) (Incorporated in the Republic of Singapore) (the “Company”) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of M Development Ltd. (“the Company”) will be held at 369 Tanjong
      5,102 words

  • Page 48 Advertisements
    • 4073 48 Times, Thursday, April 12, FUJI OFFSET PLATES MANUFACTURING LTD (Company Registration No. *****4769G) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Fuji Offset Plates Manufacturing Ltd (“the Company”) will be held at the Conference Room, 2 Jalan
      4,073 words

  • Page 49 Advertisements
    • 2349 49 'S* WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices "/}](<[(/[};@|^'-]!*"~`:{;,.(^/ PENGUIN INTERNATIONAL LIMITED (Company Registration Number: *****0165Z) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2012 Annual General Meeting of Penguin International Limited (the “Company”) will be held on Thursday, 26
      2,349 words

  • SINGAPORE STOCKS
    • 2858 50 Transaction date: Apr 11 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 Last Vol Day Last Quote Div Gr Yld 123 92.5 AIMSAMPIReit 114.5 -1 269 115.5 114.5 114.5 115 1.7 11.6
      2,858 words
    • 194 51 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 Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale (’000) High Low Buyer Seller C'vr P/E Smil unch
      194 words
    • 7426 51 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** AXA Wealth Mgt S'pore Pte Ltd APS Alpha Fund (USD)!** Aberdeen Asset Mgt Asia Limited AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond .0 9601/ European Opportunities 1.0075/
      7,426 words
    • 200 51 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 53 32 AVJennings A32.5 unch 8 32.5 32.5 33.5 35 3.6 10.8 2.6 84.6 46 25.5 Genting HK US$ US37.5 -1 6013 38 37 37.5 38 2469.2
      200 words
    • 941 51 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 103 100 CIMB APAC Div 100US$ US101 99.2 100.2 10.6 1261 856 CIMBAsean40 100US$ US1011 -11 45 1013 1009 1010 1014 158.6 ***** ***** DBXT AUD
      941 words


  • FINANCE & COMMODITIES
    • 598 52 Apr 11 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 9398.60 9487.84 9388.14 Jun12 9530.00 9535.00 9360.00 9435.00 *****2 *****9 Sep12 9390.00 9445.00 9375.00 9435.00 4 3046 MSCI TAIWAN INDEX FUTURES SPOT 272.18 274.99 271.32 Apr12 273.20 274.30 268.20 273.70 ***** *****8 May12 271.10 273.30
      598 words
    • 86 52 WMMmvotnJo VIIMir* rwrtlA L' maii fl/M Unw. Vi. itr Lab; mono* umi tUfi luMfinf n* t *n HW Ml IWV* IM lUWBMcV *m latirui jvurMm i f*\rr> 1.1181 1 Mill 1I4S MtHisnnlT JUM/li i i mi 41*1 (Wl HME METAL MAY *j>» vie «»U MS M) t*OE>
      86 words
    • 107 52 Apr 10 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 12 1426.00 1431.00 1452.25 1421.75 Jul 12 1427.25 1434.75 1453.25 1423.50 Aug 12 1418.25 1426.00 1441.75 1414.25 Sep 12 1388.25 1401.00 1415.00 1386.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 12 56.97
      107 words
    • 76 52 CRUDE OIL PRODUCTS Apr 10 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 120.79 -0.09 WTI (Near Mth) 102.48 unch Dubai (1-Mth F) 117.84 -0.66 Tapis blend 129.04 -0.54 Minas 129.04 -0.54 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 116.11 -0.39 Jet Kerosene 133.37 -0.67 US$/barrel OpecOil Basket
      76 words
    • 22 52 Apr 11 S$ Bid Offer 1-month 1.2599 1.2609 2-months 1.2598 1.2608 3-months 1.2595 1.2605 6-months 1.2582 1.2594 Source: OCBC
      22 words
    • 65 52 Apr 10 Apr Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2027.00 2072.25 3 months 2065.00 2109.00 Copper, Grade A(US$/tonne) Cash 8058.00 8382.00 3 months 8030.00 8361.00 Lead(US$/tonne) Cash 2021.50 2059.00 3 months 2018.00 2059.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months
      65 words
    • 373 52 In local curr In S$ In US$ dy yr dy yr dy yr Apr 10 Index Change Change Change Change Change Change World Preliminary 887.7 -1.1 7.0 -1.0 4.3 -1.1 7.0 EAFE Preliminary 716.3 -1.6 5.0 -1.5 2.2 -1.5 4.9 Europe Preliminary 1049.3 -2.4 2.2
      373 words
    • 80 52 Apr 5 COCOA (£/tonne) Close Prev High/Low May 12 1421 1398 1437/1389 Jul 12 1426 1409 1442/1399 Sep 12 1431 1417 1449/1407 Dec 12 1436 1422 1455/1413 COFFEE(US$/tonne) Close Prev High/Low May 12 1987 1991 1996/1977 Jul 12 2005 2010 2015/1997 Sep 12 2020 2028 2029/2014 Nov 12 2015
      80 words
    • 1251 52 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 280 20.00 25 Baker Technology Ltd W*****6 1.8 -0.8 271 1 32 9 17.22 7 Best World Intl Ltd W*****5 0.6 1 30 68 30.33
      1,251 words
    • 470 52 Apr 11 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.032 6.482 0.785 7.977 52.944 94.234 0.828 11.751 3.150 1.260 93.140 43.945 1.295 8.268 0.943 30.352 31.802 0.647 1.027 Canada 0.969 6.283
      470 words
    • 55 52 Apr 11 (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$) 6 mths 0.***** 2 mths 0.***** 0.***** 9 mths SWAP Mid rates (S$) 0.***** 0.***** 6 mths
      55 words
    • 134 52 Apr 11 GOLD(US$/oz) Apr 10 Apr 11 Hong Kong 1655.00 1663.00 April Apr 05 Apr 10 London 1632.40 1634.94 1633.15 1636.16 Source: Thomson Reuters CAST BAR Apr 11 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 161 67 5gm 458 336 10gm 819
      134 words
    • 87 52 Apr 11 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 12-Jul-12 0.30 0.22 0.22 1-Year BY*****W 01-Nov-12 0.31 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.250 01-Feb-14 100.22 100.27 100.27 5-Year N*****0Z 2.375 01-Apr-17 108.88
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    • 60 52 Apr 11 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 12 3602.0 3645.0 3650.0 3600.0 600 3323 May 12 3587.0 3619.0 3637.0 3575.0 2306 ***** Jun 12 3575.0 3613.0 3628.0 3562.0 ***** ***** Jul 12 3550.0 3589.0
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    • 154 52 Apr 11 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2940 1.2957 1.0271 1.0276 Canadian dollar 1.2544 1.2556 0.9956 0.9958 Euro 1.6496 1.6511 1.3093 1.3095 NZ dollar 1.0271 1.0286 0.8152 0.8158 Sterling pound 2.0014 2.0037 1.5885 1.5891
      154 words
    • 121 52 As at 9am Apr 11 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.323 1.26 Can dollar 1.28 1.231 Euro 1.68 1.616 Sterling pound 2.039 1.961 NZ dollar 1.057 1.007 US dollar 1.281 1.232 Local dollars to 100 units of foreign
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    • 154 52 Apr 11 $S Offer Bid 0vernight 0.02 0.01 1-month 5/16 3/16 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.23 0.13 1 month 0.40 0.20 2 months 0.45 0.25 3 months 0.55 0.35 6 months 0.85 0.65 9 months 1.05 0.85 12
      154 words

  • PROPERTY
    • 482 53  -  Attractions: City’s competitively priced prime properties, excellent amenities By MICHELLE TAN IT seems investing in properties Down Under is the ‘in’ thing following the additional buyer stamp duty (ABSD) measures implemented in December and a mercurial stock market that has disappointed many. More Singapore-based buyers
      482 words
    • 1041 53 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN MARCH 14 AND MARCH 20, 2012 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED Emerald Gdn Apt 14/03/2012 999 1033 1600 1549 The Clift Apt 20/03/2012 99 527 642
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    • 203 53 Attractive rents drawing it to Otemachi district Bloomberg [TOKYO] Morgan Stanley plans to move its Japan opera t i ons t o T o k y o s Otemachi business district because rents are “attractive”, according to a memo obtained by Bloomberg News. The
      Bloomberg  -  203 words
    • 795 54  -  Colliers points to major lease renewals keeping occupancy stable By KALPANA RASHIWALA THE fall in office rentals this year is expected to be capped at 15 per cent, a much smaller magnitude of decline compared with the previous office downturn
      Source: Colliers International Singapore Research  -  795 words
    • 338 54  -  Subdued Q1 figures come on the back of a very active 2011 By MINDY TAN DIRECT commercial property transaction volumes slid 23 per cent year on year in the first quarter of 2012 to US$75 billion, preliminary figures released by Jones Lang LaSalle
      338 words
    • 258 54 Reuters [SYDNEY] A downturn in Australia’s house prices may be bottoming out, with prices likely to fall slightly this year then rise by March 2014 due to strong demand for inner city houses and a healthy market in the mining state
      Reuters  -  258 words
    • 423 55  -  Paya Lebar mall will house niche enrichment schools and trades related to education By MICHELLE TAN THE former site of Lion City Hotel and Hollywood Theatre would see a new facelift come mid-2014 in the form of a new shopping mall called One KM. To
      423 words
  • Page 53 Advertisements
    • 78 53 CHINA t -5^ Real Estate Investment Sales Residential Sites Nanjing Shenyang Beijing Hotels/Service Apartments Beijing, Shanghai, Hong Kong Tianjin, Shenzhen Commercial Sites Buildings i mmm Shanghai (Office Shopping Mall) Changsha (Office Shopping Mall) Licence No L*****54C For more information, please call +65-9797-8729 ASIA-ELITE REALTY NETWORK PTE LTD Email: china_invest@asiaelite.com.sg Robinson
      78 words
    • 59 53 Tuas Food Factory For Sale! A purpose-built detached factory easily accessible via AYE Excellent corporate facade Comes with cold room, freezer and central kitchen Call: Lei Ling *****761(CEA Reg No. R*****5H) Veronica Chao *****775(CEA Reg No. R*****8E) KnightFrank.com.sg Land Area: Approx. 40,000 sft Gross Floor Area: Approx. 60,000 sft Tenure:
      59 words
    • 77 53 !k wk ill ill I ill li&l ifi&l lilt a SAMSUNG HUB Premium Strata Office For Sale Prestigious Raffles Place office floors 999 years leasehold Approx. 200 metres to Raffles Place MRT Station Excellent floor to ceiling height Good car parking (177 lots) Large floor plate with regular layout 4
      77 words

  • Page 54 Advertisements
    • 2164 54 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices BBR HOLDINGS (S) LTD (Incorporated in the Republic of Singapore) Company Registration No. *****4349M NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of BBR Holdings (S) Ltd (the “Company”) will be held at 50 Changi South
      2,164 words

  • Page 55 Advertisements
    • 145 55 PRIME ORCHARD AREA COMMERCIAL SPACE *Interior rendering For illustration only nomu@Handy Road avant-garde double volume commercial space contemporary architecture by multi-award winning WOHA wide street frontage, opposite Dhoby Ghaut MRT freehold exceptional quality 588 sm (6,329 sf) exclusive, private lift lobby, parking, alfresco landscaped terraces ideal for retail showroom, art
      145 words
    • 209 55 Shenton House For Sale by Tender Possibly the Last Prime Commercial Site on Shenton Way Contact: DTZ Investment Advisory Services Tel: 6293 3228 Located along the prestigious “Wall Street of Singapore” Site area 3,377 sq m (Approx. 36,349 sq ft) MP 2008 ‘Commercial Plot Ratio 11.2+, up to 35-storey Within
      209 words
    • 489 55 International Property Group Pte Ltd A Singapore based Boutique Real Estate Broker Focusing On Commercial Real Estate In Central Region of Singapore. We deal with the following types of assets 3 4 Star Hotels I Shopping Mall Office Commercial Buildings Boutique Budget Hotels Commercial Shophouses Strata Office Units Retail Space
      489 words

  • Page 56 Advertisements
    • 426 56 m EMERALDSQUARE LONDON S W 1 5 Free Furniture Packs* 5% Rental Guarantee on selected units** ►I l|| HI S4 11 f mm t II II ■Mil I* /J SB il i w m I e« n ■RH I fci mem w yy> M ■r-r an BJ nHun 4ES.tr tillllil
      426 words