The Business Times, 16 April 2012

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Total Pages: 32
1 32 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Monday, April 16, 2012
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  • 1135 1  -  It wants people from media, Internet space and digital space By JOYCE HOOI [SINGAPORE] Some time last year, to hear SingTel’s group CEO Chua Sock Koong tell it, the entire SingTel board went traipsing through Silicon Valley to see for
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  • MARKETS DIGEST
    • 57 1 Weekly Change ST INDEX 2,987.82 +1.62 KL COMP 1,603.12 +4.25 NIKKEI 225 9,637.99 -50.46 HANG SENG 20,701.04 +108.04 SET INDEX 1,169.45 -12.96 JAKARTA COMP 4,159.28 -7.09 MANILA COMP 5,097.30 +58.38 SEOUL COMP 2,008.91 -20.12 SHENZHEN B 656.76 +4.31 MUMBAI IND 17,094.51 -391.51 DOW 12,849.59 -210.55 NASDAQ 3,011.33 -69.17 S&P
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    • 21 1 BT print subscribers get free access to BT Online at www.businesstimes.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838.
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    • 18 1 SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 0.50 TAIWAN 5.035 JAPAN 1.475 KOREA Source: Bloomberg
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    • 49 1 us$ s$ US$ (S$ per US$) 1.247 (US$/S$ per 1.594 1.988 EURO (US$/S$/E) 1.317 1.643 Foreign currency per US$ S$ YEN 80.90 64.90 RM 3.058 2.451 HK$ 7.762 6.222 BAHT 30.75 24.65 RUPIAH 9,145 7,331 RENMINBI 6.300 5.050 INDIAN RUPEE 51.40 41.20 A$ 0.962 0.771 NZ$ 1.206 0.967
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  • 824 1  -  Penny stocks, S-chips lead pack to go private By KELLY TAY [SINGAPORE] Even as the pace of initial public offerings (IPOs) picks up here, delistings are expected to continue with the focus falling on small, highly undervalued stocks including S-chips. Just this year alone, at
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  • Page 1 Advertisements
    • 101 1 DINING OUT Latest Italian on the block PAGE 24 VIEWS FROM THE TOP Businesses and consumer data protection PAGES 12-13 YOUNG INVESTORS’ FORUM Start financial education early PAGE 11 BizIT S’pore firms likely to be cautious with IT budgets page 30 *****1 *****4 HUBLOT KING POWER UNICO GOLD a THE
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  • TOP STORIES
    • 616 2  -  180 of project’s 509 units released so far; prices averaged $1,642 to $1,747psf By KALPANA RASHIWALA [SINGAPORE] CapitaLand said it has sold 125 units at its 99-year leasehold Bishan condo project Sky Habitat as at 6pm yesterday. The property group did not provide
      CAPITALAND  -  616 words
    • 418 2 [SINGAPORE] Parts of the North-South and East-West MRT lines will be closed over weekends in the next few years for major works such as upgrading the 20-year-old train signalling systems and maintenance, Transport Minister Lui Tuck Yew said yesterday. He
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    • THREE-MINUTE DIGEST
      • 46 2 EVEN as the pace of initial public offerings picks up here, delistings are expected to continue with the focus falling on small, highly undervalued stocks, including S-chips. This year alone, at least three mainboard-listed companies have revealed plans to go private.
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      • 70 2 SINGTEL, the grand dame of what analysts love to call “defensive plays” went on the offensive last month, thoroughly upending its organisational structure. Its digital offerings were grouped into their own business division, called Digital Life. Consumer services voice calls and SMSes became
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      • 46 2 CAPITALAND said it has sold 125 units at its 99-year leasehold Bishan condo project Sky Habitat as at 6 pm yesterday. It said the average prices for a four-bedroom unit and a one-bedroom unit were $1,642 and $1,747 psf respectively.
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      • 71 2 FOR the third year in a row, the euro, the economy and the stock market are faltering as summer approaches. This week, traders will divine from banks such as Citigroup and omni-sector giant General Electric whether the recent deterioration of economic data is a
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      • 76 2 LISTED crane specialist Sin Heng Heavy Machinery expects its new Myanmar venture to deliver the quantum leap it has been seeing since listing some two years ago. The company last month established a 50-50 joint venture with Starhigh Asia Pacific, a vehicle controlled by
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      • 45 2 ENTERPRISES in Singapore are expected to be cautious with their IT budgets this year and research agency Gartner predicts that IT spending will remain flat at US$14 billion, rising less than one per cent over 2011’s spending figures.
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    • 904 4  -  Changing user behaviour appears to be the biggest barrier to mass acceptance COMMENTARY VICTORIA HO Reporter COME mid-year, the government hopes you will be able to walk by a 7-11, pick up a drink and tap your phone to pay for it. Various stakeholders
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    • 871 4  -  Worst 2-week run this year a blip or start of volatile H2? WALL STREET INSIGHT By ROB CURRAN FOR the third year in a row, the euro, the economy and stock market are faltering as summer approaches. This week, traders will divine from
      AFP  -  871 words
    • 486 4  -  It also charts out tracks for preferred career advancement By CONRAD TAN [SINGAPORE] Credit Suisse has made several senior appointments in its Asia private banking business in recent weeks, amid organisational changes to strengthen its presence in the region. The bank recently created
      486 words
    • 156 4 Reuters Bloomberg [LONDON] The owners of British football club Manchester United have reactivated an earlier plan to float its shares on the stock market in Singapore, following improved market conditions, the Sunday Times reported yesterday. Manchester United Ltd (MNU) may raise as much
      Reuters; Bloomberg  -  156 words
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    • 19 2 FRONT PAGE FRONT PAGE TOP STORIES, PAGE 2 TOP STORIES, PAGE 4 COMPANY NEWS, PAGE 5 BIZIT, PAGE 30
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  • Page 3 Advertisements
    • 108 3 (Z}i_exi_i£3 The Pursuit Of Perfection a*GS -A t f I THE ALL NEW LEXUS GS EXCEEDING EXPECTATIONS After more than a million kilometres of test-driving, the rules of luxury are about to change. The all new Lexus GS is not just another car. It is another standard. With the new
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  • Page 4 Advertisements
    • 217 4 r r <5 University of Hull /Amongst the top 1% of business schools to achieve Triple Crown Accreditation (AACSB, EQUIS, AMBA) worldwide Executive Master of Business Administration Equips graduates with the leadership skills for today’s rapidly changing global environment Guest Preview Session with Prof L. Alberto Franco, Hull Faculty Member,
      217 words

  • Page 5 Advertisements
    • 79 5 Discover a new dining philosophy with Michelin-Starred CHEF FERGUS HENDERSON Exclusively from 25 27 April 2012 IndulgeinthegastronomicdelightsofSt.JohnRestaurant fromLondon,asMichelin-StarredChefFergusHenderson bringshissignaturemenutoOsiaatResortsWorld™Sentosa. RelishsignaturedishessuchasRoastBoneMarrowand ParsleySaladamongotherexquisitecreationsbasedon theMasterchef’s‘NosetoTailEating’philosophy, whichhasbroughthimcriticalacclaimforputtingoffal andotherneglectedcutsofmeatbackonupscalemenus. Don’tmissthisexclusive3-dayshowcaseofBritishcuisine whippedupbytheMasterchefhimselfinconjunctionwith WorldGourmetSummit2012.Makeyourreservationsnow toavoiddisappointment. Exclusive World Gourmet Summit Menus available from 25 27 April 2012 4-course Lunch at $78++ Additional $38++with wine pairing 5-course Dinner at
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  • COMPANY NEWS
    • 943 5  -  Crane specialist sees big business there as nation starts building up its infrastructure By VEN SREENIVASAN LISTED crane specialist Sin Heng Heavy Machinery Ltd expects its new Myanmar venture to deliver the quantum leap it has been seeking since listing some two
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    • 297 5 COMPANY MEETING PLACE DATE TIME Kreuz Hldgs A 12 International Business Park, Swiber@IBP #03-02, Singapore *****0 16-Apr 10.00am Dutech Hldgs A Meeting Room 320, Level 3, Suntec Singapore International Convention Exhibition Centre, 1 Raffles Boulevard, Suntec City, Singapore *****3 16-Apr 10.00am Hersing Corp A Hersing Hub, 743 Lorong
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    • 287 5 Apr 13 BANKS Agricultural Bank Of China 5.5 Agricultural Bank Of China 5.5 Banco Bilbao Vizcaya 6 Arab Bank PLC Bank Julius Baer Co. Ltd(S) 5 Banco Bilbao Vizcaya Bank of China Limited 5.5 Bank of Communications 5.5 6 6 Bank of New Zealand 6.25 5 Bank
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    • 1708 9  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Limited UYING rebounded while selling among directors was flat for the fifth straight week based on filings on the Singapore Exchange in the second week of April. Buyers outweighed sellers with 17 companies
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  • SINGAPORE MARKETS
    • 681 6  -  STOCKS R SIVANITHY Senior Correspondent MOST market reports over the past month have attributed the correction in equities to sudden worries that Western monetary authorities the US Federal Reserve and the European Central Bank (ECB) might cease injecting liquidity into their markets.
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    • 473 6 CURRENCIES Bloomberg [NEW YORK] The yen advanced for a second week against the euro and the dollar after the Bank of Japan refrained from further moves to stimulate growth and Spanish bond yields climbed, reviving concern that Europe’s debt crisis will
      Bloomberg  -  473 words
    • 511 6 COMMODITIES AFP [LONDON] Commodity prices diverged last week amid weak Chinese growth data, renewed eurozone debt worries, strong supplies of major raw materials and following poor US jobs figures. Prices took a hit at the start of the week on delayed reaction to
      AFP  -  511 words
    • 1609 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price AIMS AMP Capital Ind REIT 2.00 2.00 2 9.70 11.86 1.42 1.17 Amtek Engg Ltd 2.17 2.40 6 0.07 8.38 0.90 0.72 ARA Asset Mgt Ltd 1.50
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    • 4 6 WEEKLY
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    • 66 6 Apr 13 VALUE CLOSE BT OB/OS -24.00 +163.0 BT CADI -*****.00 +63.00 BT 10-day MA -*****.00 -3.00 FTSE ST Mid Cap 689.65 +1.73 FTSE ST Small Cap 467.02 +0.62 FTSE ST All Share 723.42 +2.19 FTSE ST China Top 224.07 -0.56 FTSE ST China 253.61 +0.53 FTSE
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    • 55 6 VOLUME HLH Grp 999,098,000 SingXpress 891,160,000 JEL Corp 840,584,000 TT Intl 692,801,000 MDR 651,531,000 ChinaFashion 534,180,000 Ntegrator 499,456,000 Goldtron 460,302,000 ChinaTitan 391,732,000 MDR W*****5 351,083,000 VALUE($) DBS Grp 365,820,197 Keppel Corp 363,999,397 Genting SP 269,787,160 Bumitama 256,115,105 SembMar 242,796,060 Golden Agri 222,998,935 Noble Grp 220,055,051 Yoma 166,932,665
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    • 120 6 BY CENTS CLOSE UP GLD 10US$ ***** 517.6 2.6 DBXT iBoxxUSTr 5US$ ***** 215.8 0.9 DBXT FTVietnam 10US$ 2575 195.8 6.5 DBXT AUD Bonds 5AU$ ***** 146.4 0.7 DBXT AUDCS 5AU$ ***** 125.7 0.5 Asia Pac Brew 3400 100.0 3.0 Lyxor Nasdaq100 10US 1111 97.3 7.6 DBXT USDIGInfl 5US$
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    • 133 6 BY CENTS CLOSE DOWN DBXT AUDCS 5US$ ***** -964.1 -3.6 Lyxor ThaiSET 10US$ ***** -522.6 -3.8 DBXT E50 10US$ 3501 -348.0 -7.4 DBXT MSEurope 10US$ 4182 -316.8 -5.7 Hyflux 6% CPS 10 ***** -210.0 -1.9 DBXT iBoxxKR 5US$ ***** -193.3 -1.2 DBXT MSJAP 10US$ 3737 -164.6 -3.4 DBXT Nifty
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    • 5 6 WEEKLY
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    • 1638 8  -  TEH HOOI LING Senior Correspondent AFTER the very strong run in the market so far this year, it seems investors are starting to fret again. Last Friday, all three main stock indices on Wall Street lost more than one per cent, snapping
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  • Page 7 Advertisements
    • 384 7 GROUP FINANCIAL HIGHLIGHTS 2Q 2012 $’000 2Q 2011 $’000 Change A 1H 2012 $’000 1H 2011 $’000 Change Operating revenue 298,451 287,820 3.7 630,857 606,537 4.0 Operating profit# 90,072 78,890 14.2 211,302 195,195 8.3 Net income from investments 4,371 10,251 (57.4) 4,958 16,306 (69.6) Profit before taxation 96,854 88,925 8.9
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  • Page 9 Advertisements
    • 95 9 I m I 8 wm In ■,> mm wm. i n»' S u m t. y 1 7c s. K Ki i a U f I i STT .r-i ar I |C3Sg< I ST 2 V J//A V9 > a \i OVER A CENTURY OF OPENING MARKETS AND STANDING BY
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  • SINGAPORE NEWS
    • 554 10  -  It could thus reclaim lost market share over past two years By RONNIE LIM SENOKO Energy, owned by Japanese-French group Lion Power, is set to start up its $750 million “repowering” project of two new mega combined-cycle gas turbines (CCGT)
      554 words
    • 344 10  -  By TIMOTHY LOH COME June 8 this year and Uniqlo will be opening its largest local store at Iluma@Bugis, in the Central Business District. Uniqlo Iluma will be different in that it is the chain’s first street-level shop in Singapore.
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    • 2161 10 Payment Ex Books Pay Ann (cts) date close date date 8Telecom Intl bn 0.053 30-Apr 03-May 21-May 05-Apr ABR Hldgs ak 1.000 04-May 08-May 28-May 13-Apr Action Asia ak 0.800 14-Jun 18-Jun 28-Jun 28-Mar Adampak Ltd ak 1.000 08-May 10-May 25-May 01-Mar Adv Integrated Mft ak 0.180 07-May
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    • 554 10  -  Q1 hiring rate dips to 39% from 44% in Q4 last year: survey By JOSHUA TAN HIRING prospects for this quarter in Singapore were worse than other countries in the Asia Pacific, and the industries which were hiring were also of a
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  • Page 10 Advertisements
    • 168 10 C0TMC Academy Invest in your FUTURE with a MBA from Aberdeen ii S i a 14 9 5 of ABERDEEN ABOUT THE UNIVERSITY Founded in 1495 5 Nobel Prizes awarded for work carried out or begun at Aberdeen 90% of research activity is of international quality Over 150 taught masters
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 891 11  -  S’pore’s first financial literacy programme for young adults was launched last week. EDWIN LOH looks at the need for such a programme EDWIN LOH EDUCATION is about equipping a growing generation with the necessary skills to take on life’s challenges through the sciences, the arts, mathematics;
      891 words
    • 1176 11  -  Calvin Yeo tells JOSHUA TAN why he picks income producing assets like properties, stocks and bonds STARTING YOUNG JOSHUA TAN INVESTING was never really at the top of Calvin Yeo’s agenda, until he left Singapore for his undergraduate studies in America. The
      ARTHUR LEE  -  1,176 words
  • Page 11 Advertisements
    • 22 11 If you’re between the ages of 17-30 and would like to share your investing or entrepreneurship story with us, email btyif@sph.com.sg now
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    • 162 11 Get started now Be a young investor DO you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
      162 words

  • VIEWS FROM THE TOP
    • 2980 12 THIS WEEK’S TOPIC What positives can businesses take from the upcoming Personal Data Protection Bill and other initiatives to protect consumer data and privacy? How will such initiatives impact companies’ use of social media and other online/mobile strategies? Clive Cook Managing Partner Baker McKenzie WHILE
      AFP  -  2,980 words
  • Page 12 Advertisements
    • 178 12 Promoting healthier growth. JGL, one of Croatia’s leading pharmaceutical companies, wanted to expand into new markets. But they were managing over 300 products using analogue systems like paper spreadsheets. Which is why they turned to IBM who transformed their outdated marketing and sales system into a robust, data-driven planning resource.
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  • Page 13 Advertisements
    • 190 13 Satisfying unpredictable cravings. Heidi Chocolat is one of the top confectionery brands in Romania. As they expanded across the continent, they realised that estimating demand based on paper spreadsheets and guesswork was creating waste and shortages, threatening to undermine their position in the market. So, they worked closely with IBM
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    • 11 13 A full list of views from CEOs is availabe at http://businesstimes.com.sg
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  • ECONOMY WATCH
    • 629 14 Analysts say that too much austerity may backfire on nations AFP [BRUSSELS] With recession looming in debt-struck Europe, governments face growing pleas to move away from all-out austerity and inject growth policies as leaders struggle to revive their economies. European Union leaders used
      AFP  -  629 words
    • 588 14 AFP [MILAN] Italians have been taking their own lives at an alarming rate as a result of the economic crisis in recent weeks, forcing a business group to put in place a dedicated psychological assistance network. Daily media reports have thrown the
      AFP  -  588 words
    • 635 14 OAT futures will aid speculators target France: politicians AFP [PARIS] A new contract to cover risk on bonds issued by heavily-indebted France is getting a rough ride in Paris, just a week before the first round of a hot-ly-contested
      AFP  -  635 words
    • 596 14 Global crisis upsets govt plans to deliver a surplus budget Bloomberg [CANBERRA] The Australian government’s bid to deliver the nation’s first budget surplus since the global financial crisis is being undermined by lower-than-expect-ed tax revenue, Treasurer Wayne Swan said. “Tax collections were running
      Bloomberg; AFP  -  596 words
    • 354 14 Bloomberg [MADRID] Spanish Prime Minister Mariano Rajoy won the backing of his party’s regional leaders for austerity plans that include reduced spending on health and education. People’s Party chiefs from regions including Madrid, Valencia and Galicia agreed to reorganise their administrations, avoid duplication
      Bloomberg  -  354 words
  • Page 14 Advertisements
    • 46 14 GROUP TOUR SPECIALIST Retreats Meetings Team Building Incentive Tours Taylormade Golf Trips East West Malaysia Hong Kong Indonesia Thailand Vietnam Cambodia Macau China We are looking forward to get a challenging assignment from you Luxury Tours Travel Pte Ltd mice@luxury.com.sg s www.luxury.com.sg 3 Tel: 6309 0850
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  • MALAYSIA/INDONESIA
    • 753 15  -  Fresh focus on scandal-ridden port project is the last thing Najib needs now MALAYSIA INSIGHT PAULINE NG KL Correspondent MALAYSIA’Sbusinesscommunitywould like snap polls to be held soon an d gotten over with so that enterprises have greater certainty of what to expect and
      753 words
    • 1690 15 VOL Apr 13 RM +/-(‘000) VOL Advance Synerg 0.18 unch 201 Adventa Bhd 1.50 0.05 58 Ae Multi Hldgs 0.29 unch 2993 Affin Holdings 3.07 unch 57 Ahmad Zaki Res 0.82 -0.01 259 Abric Bhd Airasia Bhd 3.47 0.03 3352 Alliance Finan 3.96 0.05 2401 Aluminium Co 0.84
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    • 144 15 AFP [JAKARTA] A 6.4-magnitude earthquake struck off the coast of Indonesia’s Sumatra island yesterday but there were no reports of damage, the geophysics agency said. “The epicentre is in the sea and there is no tsunami warning because at less than 7.0 magnitude
      AFP  -  144 words
  • Page 15 Advertisements
    • 21 15 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
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    • 191 15 2012 ICON LUXURY COLLECTION AVAILABLE MAY 2012 [GATED TO SCHUBERT ft— Ljranae BIN 95 AGE200? BOTTLE No. ***** is recognised as Australia’s and indeed one of the red (nines. This great wine, developed by Wax S; King with the 1951 vintage, is made from low yielding I" rises grown at
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  • INDIA
    • 789 16 Uncertainty will hit investment flows despite the lure of a big market, they say AFP [NEW DELHI] Business consultant Adrian Mutton says it takes courage for a foreign corporation to make a big-ticket investment in India given the uncertainties thrown up by
      AFP; REUTERS  -  789 words
    • 324 16 Reuters [NEW DELHI] India’s deficits and short-term debt levels are “disturbing”, but it is not facing a repeat of a 1991 balance of payments crisis, central bank chief Duvvuri Subbarao said on Saturday. Dependent on imported oil which it then subsidises, India is
      Reuters  -  324 words
    • 119 16 Xinhua [KOLKATA] India’s National Bank for Agriculture and Rural Development (Nabard) will create a 15 billion rupee (S$364 million) fund to cater to women’s self-help groups in economically weaker districts, according to a newspaper report yesterday. It quoted Minister for Rural Development
      Xinhua  -  119 words
  • Page 16 Advertisements
    • 122 16 Here your Property Catch up on the latest in local, overseas and commercial/ industrial property news, and get practical advice and insights. ’s how to make money grow Markets Get expert market advice and the latest news on stocks, unit trusts, alternative investments and bonds. Wealth Learn how to plan
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  • GREATER CHINA
    • 769 17 Washington cautious and wants to see movement of the Chinese currency AFP Bloomberg [BEIJING] The US and the IMF welcomed China’s decision to widen the trading band on the nation’s currency, while analysts yesterday downplayed the likelihood of wide swings in
      AFP; Bloomberg  -  769 words
    • 732 17 It has become a safe haven amid stormy stock markets AFP [HONG KONG] Unnerved by a febrile stock exchange and persistent rumblings of a potential dip in property prices, Hong Kong investors are seeking refuge in art and the lure of
      AFP  -  732 words
    • 547 17 NYT [BEIJING] The scandal that climaxed here last Tuesday when Communist Party leaders suspended Politburo member Bo Xilai and accused his wife of murder seems poised to destroy a charismatic party leader who challenged President Hu Jintao and Prime Minister Wen Jiabao’s
      NYT  -  547 words
  • Page 17 Advertisements
    • 1123 17 RHB BANK BERHAD (Co. No 6171-M) (Incorporated in Malaysia) BOARD OF DIRECTORS The directors of the Bank who have held office since the date of the last report are: Tan Sri Azlan Zainol (Chairman) Haji Khairuddin Ahmad Ong Seng Pheow Dato’ Mohd Ali Mohd Tahir Abdul Aziz Peru Mohamed Dato’
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  • WORLD
    • 705 18 Rise in borrowing costs for Spain and Italy, their funding needs, raise concern NYT [BRUSSELS] Is the euro crisis back with a vengeance, or do investors have a needless case of the jitters? Until very recently, the gloom over the continent had seemed to
      NYT; AFP  -  705 words
    • 545 18 Avoid last year’s drama, economy is good, Congress told Bloomberg [WASHINGTON] US Treasury Secretary Timothy Geithner warned Congress against repeating last year’s “very damaging” debate over the debt limit, and said the economy is stronger than at any time in the past several years.
      Bloomberg  -  545 words
    • 490 18 AFP [TOKYO] Sony has little chance of winning back its reputation as an innovator or vaulting ahead of stronger rivals with the “ordinary” turnaround plan its new chief unveiled last week, analysts said. On Thursday, the firm’s leader Kazuo
      AFP; REUTERS  -  490 words
    • 488 18 US stance seen as anachronistic and counterproductive AFP [CARTAGENA, Colombia] The United States was under growing pressure yesterday to let Cuba attend future regional summits as Latin American leaders blasted the US stance, calling it anachronistic and counterproductive. Colombian President Juan
      AFP  -  488 words
    • 780 18  -  ASIA BUSINESS BREAKOUT By PAULINE CHIOU AMERICAN businessman Scott Huff has a tough juggling act. His business spans three countries: China, Cambodia and the United States. That means keeping his eye on many things, including three separate corporate tax codes. “My advice about corporate taxes
      780 words
    • 809 19 But contest signals developing world’s intention to seek bigger voice in bank PICKING THE NEXT WORLD BANK CHIEF AFP [WASHINGTON] Despite an unprecedented challenge from two developing-world candidates, Washington’s 66-year lock on the World Bank presidency will almost certainly remain intact when directors
      AFP; PHOTOS: AFP, BLOOMBERG, REUTERS  -  809 words
    • 581 19 Nation dealing with high rates of petty, violent crimes Reuters [NEW YORK] Would you bulletproof a Kia? If you live in Brazil, the answer could very well be yes to guard against robbers at stop signs in Sao Paulo or traffic
      Reuters; REUTERS  -  581 words
    • 743 19 Legal battles on the rise over right to use technology AFP [SAN FRANCISCO] The Internet Age is becoming as known for patent litigation as it is for online innovation. From the makers of computer chips to creators of smartphones
      AFP  -  743 words
    • 971 20 Branded names lay out red carpet for China tourists with big bucks NYT [NEW YORK] Over five days in January, a group of visitors to New York were treated to a private concert with the renowned pianist Lang Lang at the Montblanc store, cocktails
      NYT; BLOOMBERG  -  971 words
    • 218 20 Reuters [DOHA] Qatar National Bank (QNB), the Gulf state’s largest bank, has acquired a 49 per cent stake in Libya’s Bank of Commerce and Development as part of the Qatari lender’s aggressive expansion strategy. The Benghazi-based bank approved QNB as a strategic partner,
      Reuters  -  218 words
    • 538 20 AFP [NEW YORK] For a year, an ancient Cambodian statue of a warrior has been at the centre of a legal battle in New York in which US authorities back Cambodia’s claim that the artwork was looted. The standoff between Sotheby’s auctioneers, who intended
      AFP  -  538 words
    • 669 21 New leader makes first public speech during parade to mark founder’s birth Reuters [PYONGYANG] North Korea’s new leader delivered his first major public speech yesterday as the impoverished state celebrated the centenary of its founder’s birth, calling for a push to “final
      Reuters; REUTERS TV  -  669 words
    • 445 21 AFP [TOKYO] Japan may go “momentarily” without nuclear power next month when the only reactor still in operation shuts down for maintenance work, the country’s industry minister warned yesterday. Yukio Edano made the comment as the government prepared to restart two
      AFP  -  445 words
    • 208 21 AFP [TOKYO] Japan is considering lending about US$60 billion to the International Monetary Fund to help strengthen a global firewall against contagion from the European sovereign debt crisis, Kyodo news agency said yesterday. Tokyo is talking with some other key members of the
      AFP  -  208 words
    • 761 22 Analysts cite British PM’s call to suspend measures, Suu Kyi’s change of stance AFP [BANGKOK] Myanmar is likely to shake off tough EU sanctions this month, analysts said, after a dramatic change of policy from Britain and opposition leader Aung San Suu Kyi in
      AFP; AP  -  761 words
    • 526 22 Reuters [SHANGHAI] Germany’s Nico Rosberg celebrated the first victory of his Formula One career with a commanding pole-to-flag win for Mercedes in China yesterday. While the son of 1982 champion Keke sprayed the champagne to mark the end of
      Reuters  -  526 words
    • 527 22 AFP [SEOUL] It was in the mid-2000s when South Korean plastic surgeon Joo Kwon noticed a trickle of Chinese women walking into his clinic, even though he hadn’t advertised overseas. “They somehow found a way to the clinic and nearly all of
      AFP  -  527 words
  • Page 18 Advertisements
    • 430 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF HOCK SENG TECK SAWMILL COMPANY (PRIVATE) LIMITED (In Members’ Voluntary Liquidation) Co. Reg. No. *****0142C NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of Hock Seng Teck Sawmill Company (Private) Limited (the “Company”)
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    • 22 18 Pauline Chiou is a CNN anchor/correspondent based in Hong Kong. Follow Pauline on Twitter @PaulineCNN. For more business coverage, go to www.cnn.com/business
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    • 751 19 !@-*?~|='@>&'!%().+^~>_*{>*<|%' IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF PRICELAND DEVELOPMENT PTE LTD Co. Reg. No. *****1479D (In Members’ Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act Cap 50 that the Final Meeting of
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  • Page 20 Advertisements
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    • 30 20 u 1 FIND THE ONES THAT FIT! w 13 L Recruit the right people through CATS Recruit. Call 1800 289 8822 or email recruit@sph.com.sg to advertise. H1 s 33 3
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  • Page 21 Advertisements
    • 846 21 OPTIMISE YOUR PERFORMANCE DURING TOUGH TIMES Who should attend: VPs, Heads, Directors and Managers (Sales and Marketing, Brand and Product), Marketing Support Professionals, PMEBs, and other general management professionals Register at www.stjobs.sg/seminars ST DBS No.l No.1 Recruitment site in Singapore FULL-DAY SEMINAR FULL-DAY WORKSHOPS Be a Sales Marketing Champion! Thursday,
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  • Page 22 Advertisements
    • 54 22 Improve Your i Financial! Quotient i cwof*' |V.UC h Go*d"*" Morgan t/\to '-Or, on 3} KV n* I VV4 Save almost 40% when you subscribe to The Business Times Sharelnvestor! Promotion ends 6 May 2012. Act now! To subscribe, please call 6388 3838 or email circs@sph.com.sg Sf£l The Business Times
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  • AVIATION/SHIPPING
    • 959 23  -  Package includes debt rescheduling, plus financial and ops restructuring By NEETA LAL in New Delhi BELEAGUERED state carrier Air India (AI) with debts approaching US$10 billion will soon be getting a much awaited turnaround plan, but the bailout should not raise expectations that
      959 words
    • 487 23 AP [LONDON] Cruise ship passengers and crew said prayers yesterday at the spot in the North Atlantic where the Titanic sank 100 years ago with the loss of more than 1,500 lives. Passengers lined the decks of MS Balmoral, which has been
      AP  -  487 words
    • 397 23 Reuters [CARTAGENA, Colombia] Panama will know in a few months whether the long-awaited expansion of its famous shipping canal will meet the 2014 deadline for completion, the canal administrator’s chief executive said. The US$5.3 billion canal overhaul will allow newer, bulkier container ships to pass
      Reuters  -  397 words
    • 257 23 SGX '000 Apr 13 S$ +/-Vol CH Offshore 0.39 -0.01 429 Chuan Hup Hldg 0.23 unch 80 Cosco Corp 1.11 -0.01 8236 s$ Ezra Hldgs 1.14 0.02 ***** First Ship Lea 0.22 unch 710 Freight Links 0.06 unch 1330 Grand Banks 0.20 0.02 5 Jaya Hold Ltd 0.55
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  • Page 23 Advertisements
    • 267 23 Facing Headwin Stress Tests m CONFERENCE 2012 r Thursday, 26 April 9.00 am to 6.00 pm Marina Bay Sands Expo and Convention Center > Complete Corporate Services Pte Ltdwill be hosting the Singapore Shipping Conference 2012 on Thursday, 26 April 2012 in conjunction with the Singapore Maritime Week 2012, organised
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  • Page 23 Miscellaneous
    • 320 23 CRYPTIC CROSSWORD Across 1 The reverse of bargain items of jewellery (4) 3 Inexperienced hiker’s problem? (10) 8 Still one phone after meeting starts (8) 9 Charlie got married again and worked on a yacht (6) 10 Disturbing noises of an illegal enterprise? (6) 11 The French agree, accepting hotel
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  • DINING OUT
    • 839 24  -  By Jaime Ee NEW RESTAURANT Otto Locanda #01-03 Maxwell Chambers 32 Maxwell Road Tel: 6224-0978 A NEW Italian restaurant has opened in town. It’s rather amazing how often this sentence is repeated in the local context, and how it’s more likely to elicit the
      839 words
  • Page 24 Advertisements
    • 90 24 A Legend is Born Based on one of the stories in the oldest book found in Japan where produce was found fresh and in abundance, Mikuni pays homage to the fabled richness of authentic Japanese cuisine. Enjoy Mikuni’s modern approach to traditional culinary delights, which is highlighted by the action-packed
      90 words

  • SINGAPORE STOCKS
    • 1401 25 Week ended: Apr 13 52-wks Last Vol Week Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Week Last Quote Div GrYld 123 92.5 AIMSAMPIReit 116.5 +1.5 1336 123 114.5 116 116.5 1.7 11.8 517.1 M
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    • 287 26 52-wks Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Low Company 9 3 t Advanced System 7.9 +1.6 ***** 8.6 5.3 7.9 8 8.7 Sale Vol ('000) Week Last Quote Div Gr Yld
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    • 113 26 Stock name Close Change Stock name Close Change Stock name Close Change CapMallsAsia 1.580 +0.005 CapitaLand 2.950 -0.010 CapitaMall 1.810 +0.020 CityDev 10.680 -0.120 ComfortDelGro 1.525 +0.005 DBS Grp 13.480 +0.060 F&N 6.740 +0.050 GLP 2.170 Genting SP 1.685 Golden Agri 0.755 -0.015 HK Land 6.140
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    • 2274 26 Transaction date: Apr 13 HONG KONG Vol HK$ +/-'000 Aeon Stores 22.50 unch 41 Angang Steel 5.46 0.24 ***** Anhui Conch 26.65 0.40 ***** Anhuiexpresswa 4.34 0.09 1696 Asia Satellite 21.55 unch 300 Asm Pacific 111.60 -1.60 599 Bank Of E Asia 29.00 0.25 1330 Beida Jade Bir
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    • 260 26 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 53 32 AVJennings A32.5 unch 16 32.5 32.5 32.5 33.5 3.6 10.8 2.6 84.6 46 25.5 Genting HK US$ US38.5 -0.5 ***** 40 37 38.5 39 2535
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    • 186 26 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 7 3 0 0 0 6 7 3 Manufacturing 86 73 36 26 5 6 112 78 42 Commerce 30 29 20 7 4 6 37 33 26 Tpt/Stor/Comms 17 23 6
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    • 1051 26 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Last 103 100 CIMB APAC Div 100US$ US101 101.4 102.5 10.6 1261 856 CIMBAsean40 100US$ US1019 -18 75 1023 1009 1025 1030 159.8 ***** ***** DBXT
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    • 123 26 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 98,982 98,982 499,990 499,990 Manufacturing 1,982,020 2,128,303 4,110,323 955,562 57,077 1,012,639 Commerce 2,347,083 101,899 2,448,982 593,738 4,500 598,238 Tpt/Stor/Comms 615,674 104,599 720,273 640,172 25,226 665,398 Finance 107,942 250 108,192 709,788 52 709,840 Construction 1,631,191 275,820
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  • Page 26 Advertisements
    • 26 26 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. The Business Times
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  • FINANCE & COMMODITIES
    • 619 27 Apr 13 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 9613.19 9690.29 9603.97 Jun12 9545.00 9700.00 9505.00 9630.00 *****7 *****0 Sep12 9535.00 9680.00 9525.00 9625.00 412 3456 MSCI TAIWAN INDEX FUTURES SPOT 276.94 279.25 276.94 Apr12 273.90 278.70 272.20 278.20 ***** *****4 May12 273.00 276.50
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    • 373 27 In local curr In S$ In US$ dy yr dy yr dy yr Apr 13 Index Change Change Change Change Change Change World Preliminary 891.1 -0.8 7.4 -1.4 3.5 -1.0 7.5 EAFE Preliminary 718.0 -0.8 5.3 -1.6 1.3 -1.2 5.3 Europe Preliminary 1051.2 -1.6 2.4
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    • 113 27 As on 13 April 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT JUN2012 1679.10 1655.30 1660.20 293 CURRENCY AUD-USD FUT JUN2012 1.0334 1.0294 1.0301 1462 EUR-USD FUT JUN2012 1.3186 1.3130 1.3082 2901 AUD-USD FUT SEP2012 1.0209 1.0209 1.0207 40 BASE METAL
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    • 107 27 Apr 13 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 12 1436.75 1441.00 1447.75 1431.25 Jul 12 1440.75 1444.50 1451.50 1435.25 Aug 12 1424.75 1432.00 1438.00 1420.00 Sep 12 1391.75 1399.25 1406.50 1388.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 12 56.52
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    • 76 27 CRUDE OIL PRODUCTS Apr 12 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 120.82 0.99 WTI (Near Mth) 103.67 1.01 Dubai (1-Mth F) 116.57 0.24 Tapis blend 127.21 0.20 Minas 127.21 0.20 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 115.50 1.50 Jet Kerosene 132.79 1.37 US$/barrel OpecOil Basket
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    • 22 27 Apr 13 S$ Bid Offer 1-month 1.2472 1.2477 2-months 1.2471 1.2476 3-months 1.2468 1.2474 6-months 1.2456 1.2463 Source: OCBC
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    • 64 27 Apr 13 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2030.50 2065.25 3 months 2070.00 2104.00 Copper, Grade A(US$/tonne) Cash 8045.75 8265.75 3 months 7990.00 8220.00 Lead(US$/tonne) Cash 2059.25 2097.50 3 months 2065.00 2099.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months *****.00
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    • 80 27 Apr 13 COCOA (£/tonne) Close Prev High/Low May 12 1452 1412 1460/1413 Jul 12 1458 1418 1467/1419 Sep 12 1466 1428 1475/1429 Dec 12 1475 1436 1483/1440 COFFEE(US$/tonne) Close Prev High/Low May 12 1998 1996 2013/1985 Jul 12 2012 2005 2020/1995 Sep 12 2020 2014 2024/2007 Nov 12 2011
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    • 543 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 280 20.00 25 Cooo) Conv Baker Technology Ltd W*****6 1.8 -0.8 271 1 32 11 16.94 7 Best World Intl Ltd W*****5 0.6 -1.4 60
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    • 470 27 Apr 13 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.034 6.547 0.789 8.067 53.412 95.039 0.841 11.784 3.178 1.254 94.203 44.350 1.296 8.237 0.948 30.675 31.957 0.652 1.039 Canada 0.967 6.330
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    • 56 27 Apr 13 (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$) 6 mths 0.***** 2 mths 9 mths SWAP Mid rates (S$) 0.***** 0.***** 12 mths 0.***** 6
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    • 136 27 Apr 13 GOLD(US$/oz) Apr 12 Apr 13 Hong Kong 1666.00 1680.00 Apr 13 Apr 11 Apr 13 London 1657.31 1668.60 1658.08 1669.35 Source: Thomas Reuters CAST BAR Apr 13 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 161 67 5gm 458 335 10gm
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    • 86 27 Apr 13 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 12-Jul-12 0.30 1-Year BY*****W 01-Nov-12 0.31 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.250 01-Feb-14 100.22 5-Year N*****0Z 2.375 01-Apr-17 108.85 BQ*****H 12-Jul-12 10-Year NX*****X
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    • 57 27 Apr 13 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 12 3600.0 3596.0 3600.0 3568.0 354 2354 May 12 3590.0 3570.0 3592.0 3515.0 2138 ***** Jun 12 3579.0 3559.0 3583.0 3507.0 ***** ***** Jul 12 3559.0 3540.0
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    • 154 27 Apr 13 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2956 1.2972 1.0388 1.0397 Canadian dollar 1.2530 1.2538 1.0046 1.0049 Euro 1.6419 1.6432 1.3165 1.3170 NZ dollar 1.0337 1.0347 0.8288 0.8293 Sterling pound 1.9874 1.9887 1.5935 1.5939
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    • 121 27 As at 9am Apr 13 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.333 1.27 Can dollar 1.278 1.229 Euro 1.676 1.612 Sterling pound 2.029 1.951 NZ dollar 1.065 1.015 US dollar 1.266 1.218 Local dollars to 100 units of foreign
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    • 154 27 Apr 13 $S Offer Bid 0vernight 0.04 0.02 1-month 5/16 3/16 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.05 US$ 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
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  • Page 28 Advertisements
    • 1204 28 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 Destination Destination STXPO TBN
      1,204 words
    • 556 28 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
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  • Page 29 Advertisements
    • 876 29 Shipping Times HDS LINES THE SHORTEST TRANSIT TO PERSIAN GULF CONTAINERS SERVICE TO TANZANIA, KENYA, MIDDLE EAST, IRAN, PERSIAN GULF, IRAQ, CIS, INDIA PAKISTAN HDM SERVICE Approx transit time ex-Singapore 8 D 9 D 14 D VESSEL~ VOY SIN PKG JEA BND BIK SECOND OCEAN~ HDM0118S~ 20 Apr 21 Apr~
      876 words
    • 696 29 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY~ Ramp(KT)~ Lifting(KT)~ SIN~ PKL~ KUC~ KK~ JKT~ SUR GENIUS STAR II 41 60 18/04 21/04 YUSHO CHERRY 35 60 20/04 22/04 24/04 EL MAR VICTORIA 31 60 24/04 26/04 KING FISHER 28 60 24/04 25/04 24/04 MALAYSIA STAR
      696 words
    • 441 29 FOONG SUN SHIPPING (PTE) LTD INDONESIA SUMATRA PORTS VESSEl VOY ETA ETD DESTINATION BERJAYAI 05/12 19/04 21/04 BELITUNG/PKL BALAM VICTORY 6 07/12 20/04 22/04 JAMBI/PEKAN BARU SUN FLORA 09/12 17/04 19/04 PALEMBANG/PANJANG FAJARMAS 03/12 IN PORT 18/04 BENGKULU/PADANG SIANIRI 04/12 19/04 21/04 BELAWAN/LHOKSEUMAWE SINOPA 06/12 IN PORT 17/04 SABANG/MALAHAYATI INDONESIA
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  • BizIT THE USINESS OF INFOCOMM TECHNOLOGY
    • 1032 30  -  Spending flat this year on account of US and European worries, writesAMIT AMIT ROY CHOUDHURY Enterprises in Singapore are expected to be cautious with their IT budgets this year and research agency Gartner predicts that IT spending will remain flat
      1,032 words
    • 464 30  -  By JOSHUA TAN THE rapid adoption of cloud services, the prevalence and use of smartphones to connect to the Web and the growing sophistication of hackers have all combined to present a major security challenge to enterprise IT departments, says security company Sophos. In
      464 words
    • 462 30  -  Intel, Ingram launch service to safeguard notebook computers By JOSHUA TAN INTEL and Ingram Micro jointly launched the Intel Anti-Theft Service in Singapore last Friday. The initiative is intended to safeguard and secure notebook computers, through new technologies. The system works by
      462 words
    • 655 30 Reuters [HELSINKI] Ailing cellphone maker Nokia has the cash to survive seven quarters like the last, but investors are losing faith that it can break the vicious circle that keeps customers and in turn application developers from its new phones. CEO
      Reuters; REUTERS  -  655 words
    • 182 31 Cisco to appeal EU nod for MicrosoftSkype deal Bloomberg [BRUSSELS] Cisco Systems Inc said European Union regulators made a “manifest error” in approving Microsoft Corp’s US$8.5 billion takeover of Skype Technologies SA and would appeal. The world’s biggest maker of networking equipment is asking the EU’s General Court to overturn
      Bloomberg  -  182 words
    • 902 31  -  Company’s virtual workplace dream is becoming a reality, reportsVICTORIA <the bizIT interview> VICTORIA HO IT must be hard for Mark Templeton to resist saying “I told you so”. The CEO of Citrix has been betting on remote working for a long
      902 words
    • 900 31  -  By AMANDA EBER IN his vision for cities of the future, Gareth Tang, centre director for the Clean Energy Research Centre at Temasek Polytechnic (TP), sees the elimination of endless gridlock congestion on roads. This would be replaced
      YEN MENG JIIN  -  900 words
    • <what’s up>
      • 35 31 SAMSUNG released its Android tablet-phone hybrid, the Galaxy Note, in pink over the weekend. It is priced at $948 without a contract, similar to the Note in other colours.
        35 words
      • 36 31 CANON’S EOS-1DC digital SLR is capable of recording video at 4K resolution, or full-HD at 60p. The camera is targeted at the motion picture and television industry. Its price will be announced later.
        36 words
      • 40 31 DHL has launched its MyDHL portal for users, which allows them to log in to use shipping and tracking services. Account holders can receive notifications by text or email, as well as schedule pick-ups and manage shipments.
        40 words
      • 57 31  -  Compiled by VICTORIA HO GAVIO has launched its Stormer headphones in matte red and grey. Price is unavailable for now. The audio manufacturer also has a new colourful line of ear buds under its Gazz+ range ($49.90) that features bold colours as well
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  • Page 30 Advertisements
    • 43 30 Like STPROPERTY.SG AND WIN TICKETS TO CATCH MARVEL’S THE AVENGERS! nR3Tn SCAN NOW WITH YOUR SMART PHONE TO FIND OUT MORE. OR VISIT WWW.STPROPERTY.SG Lift STPROPERTY.sg facebook.com/TheAvengersSingapore TM 2012 Marvel Subs. www.marvel.com j if 5 9' t ONLY IN CINEMAS M&Y 1 MARVEL
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  • Page 31 Advertisements
    • 280 31 u SEMICON Singapore20l2 April 24-26 Marina Bay Sands Expo Convention Center www.semiconsingapore.org Opportunities, Trends, Solutions, Jobs All at SEMICON Singapore 2012 The Most Powerful Semiconductor Manufacturing Exposition in Southeast Asia Win an new iPad, PSP Vita return tickets to Taiwan! Register Now to enter daily lucky draw 60 Industry Leaders
      280 words

  • Page 32 Advertisements
    • 146 32 The power of efficiency Set the pace. The new Audi A4. Power is about to be redefined. Introducing the new award-winning 1.8 TFSI® engine designed with more performance and maximum fuel efficiency. It has the power to take you further for Less. ver +17% Be the first to experience the
      146 words