The Business Times, 7 August 2012
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2012-08-07
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The Business Times
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Title Section25 2012-08-07 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Tuesday, August 7, 201225 words
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Article, Illustration543 2012-08-07 1 MINDY TAN - Transfer of land by year-end; military operations to be confined to a smaller area By MINDY TAN [SINGAPORE] Military operations at Seletar Camp will be consolidated to operate out of a smaller area, as part of the camp is released to makeFILE PHOTO - 543 words
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MARKETS DIGEST
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Article65 2012-08-07 1 GST INDEX 3,071.82 (+20.49) GST INDEX FUTURES 3,053.00 (+29.00) GSIMSCI 352.12 (+0.84) GSIMSCI FUTURES 351.10 (+1.50) US$ S$ US$ (S$ per US$) 1.242 (US$/S$ per 1.556 1.934 EURO (US$/S$/€) 1.235 1.534 Foreign currency per US$ S$ YEN 78.40 63.10 RM 3.109 2.502 HK$ 7.755 6.242 BAHT 31.52 25.37 RUPIAH65 words
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Article48 2012-08-07 1 Monday Change KL COMP 1,639.43 +4.39 NIKKEI 225 8,726.29 +171.18 HANG SENG 19,998.70 +332.54 SET INDEX 1,208.01 +10.48 JAKARTA COMP 4,105.50 +5.69 MANILA COMP 5,284.16 -1.75 SEOUL COMP 1,885.88 +37.20 SHENZHEN B 586.81 +8.90 MUMBAI IND 17,412.90 +215.03 12noon EDT Change DOW 13,171.93 +75.76 NASDAQ 2,995.04 +27.1448 words
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Article17 2012-08-07 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.201 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg17 words
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Article, Illustration875 2012-08-07 1 EMILYN YAP - Sale of APB stake could net the group $3.70 per share, analysts estimate By EMILYN YAP [SINGAPORE] Shares in Fraser and Neave (F&N) surged yesterday morning on investors’ early euphoria but slipped later to close with a slight gain, after the groupSource: Bloomberg - 875 words
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Page 1 Advertisements
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Advertisement102 2012-08-07 1 PRIVATE EDUCATION Boosting Singapore’s appeal PAGE 17 PRODUCTIVITY MATTERS Wafer foundry SSMC’s ‘specialty ice-cream’ PAGE 15 COMPANIES SilkAir to get new CEO in Sept PAGE 6 The outlook for equities remains gloomy, with sluggish global growth and Europe bogged down by debate over its future. But HSBC Global Research thinks102 words
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Advertisement9 2012-08-07 1 SME Inc Construction firm Sysma’s key challenge PAGE 149 words
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TOP STORIES
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Article, Illustration590 2012-08-07 2 SIOW LI SEN - Some bankers say UOB rap won’t put them off introducing innovative products By SIOW LI SEN [SINGAPORE] The government’s criticisms of United Overseas Bank (UOB) over its recent innovative home loan offerings are part of its ongoing efforts to rein in speculationFILE PHOTO - 590 words
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Article, Illustration772 2012-08-07 2 NYT [LONDON] Four years later, still no one can catch Usain Bolt. He is still No 1, still the Olympic champion at 100 metres, still the fastest man alive, still history’s greatest sprinter, still unmatched in his stirring ability to rise toNYT; AP PHOTOS - 772 words
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898 2012-08-07 2 Reuters [LONDON] Investors will be looking to a data deluge from China this week to give the global economy a further lift after Friday’s strong US jobs report. They risk being disappointed. Figures for July, starting on Thursday and covering everything fromReuters - 898 words
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Article524 2012-08-07 2 Aerospace park bites a chunk off Seletar camp MILITARY operations at Seletar Camp will be consolidated to operate out of a smaller area, as part of the camp is released to make way for the development of the aviation sector. The transfer of land will be completed by524 words
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505 2012-08-07 4 RONNIE LIM - Second petrochem complex nearing ‘mechanical completion’ By RONNIE LIM [SINGAPORE] ExxonMobil’s new US$5-6 billion second Singapore petrochemical complex is “nearing mechanical completion” with everything expected to be up and running by the second half of this year. Already, practically all or five505 words
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Article, Illustration964 2012-08-07 4 AFP [PASADENA, California] Nasa has successfully landed its US$2.5 billion Mars Science Laboratory (MSL) and Curiosity rover on the surface of the Red Planet, breaking new ground in US-led exploration of an alien world. The one-tonne rover is the largest ever sent to Mars,AFP; REUTERS - 964 words
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Advertisement55 2012-08-07 3 <IS r 00 CM I 5 OYSTER PERPETUAL SUBMARINER DATE t THE HOURGLASS TAKASHIMAYA S.C., TEL: 6734 2420. KNIGHTSBRIDGE, TEL: 6884 8484. ION ORCHARD, TEL: 6509 9282. TANG PLAZA, TEL: 6235 7198. ORCHARD CENTRAL, TEL: 6337 8309. RAFFLES HOTEL ARCADE, TEL: 6334 3241. MILLENIA WALK, TEL: 6339 4870. ONE RAFFLES55 words
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Advertisement587 2012-08-07 4 Entering The Land Of The Dragon The Success Of Chow Tai Fook Jewellery Speaker: Mr Kent Wong Chow Tai Fook Jewellery Group Limited Managing Director Under the visionary leadership of Mr Wong, Chow Tai Fook blazed trails in China with 500 franchised outlets in just a few years. Today, it587 words
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Advertisement826 2012-08-07 5 On 16 February 2011, the IBM computer Watson rang in with the correct response (Who is Bram Stoker?) to the final clue, winning a challenge against two human champions of the TV quiz show Jeopardy! It was a rare pop culture moment for a project that began deep within IBM826 words
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COMPANY NEWS
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641 2012-08-07 6 KENNETH LIM - HOCK LOCK SIEW By KENNETH LIM WHEN US equity markets opened on Wednesday last week, veterans immediately knew something was wrong. Volumes were surging on almost 150 counters for no apparent reason right out the gate, causing sharp spikes in volatility for just under641 words
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Article, Illustration463 2012-08-07 6 VEN SREENIVASAN - By VEN SREENIVASAN JUST days after unveiling a mega jet order to boost its regional ambitions, SilkAir has announced that it will have a new chief executive. Taking over at the helm of Singapore Airlines’ regional unit from Sept 3463 words
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328 2012-08-07 6 KENNETH LIM - By KENNETH LIM SINGAPORE Exchange has acquired a 49 per cent stake in Energy Market Company Pte Ltd (EMC), the operator of Singapore’s wholesale electricity market, for up to $19.64 million. SGX said that with this entry into the electricity sector, which expands its328 words
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429 2012-08-07 9 CARINE LEE - Acquisition of up to RMB1.3b is part of plan to buy quality toll road assets By CARINE LEE TOLL-ROAD operator China Merchants Holdings (Pacific) Ltd (CMHP) yesterday said it was acquiring Ningbo Beilun Port Expressway, a four-lane carriageway, 51.4km long expressway located in Zhejiang province429 words
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387 2012-08-07 9 TEO SI JIA - By TEO SI JIA EXPLORATION and production (E&P) energy company Loyz Energy has proposed a share placement of 12 million new shares at 31 cents apiece to raise net proceeds of $3.55 million. The group said that the shares will be placed to a Susanna387 words
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Article, Illustration382 2012-08-07 9 MALMINDERJIT SINGH - By MALMINDERJIT SINGH YEO Hiap Seng’s second-quarter net profit fell 16 per cent year-on-year to $12.35 million despite a 10.7 per cent rise in revenue to $126.3 million. The group said yesterday that the lower earnings for the three months ended382 words
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Article, Illustration395 2012-08-07 9 JASMINE NG - By JASMINE NG RICKMERS Maritime has kept its second-quarter distribution per unit (DPU) at 0.6 US cents, unchanged from a year ago. Charter revenue of US$36 million for the three months ended June 30, 2012, was 4 per cent down from US$37.6FILE PHOTO - 395 words
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Article, Illustration511 2012-08-07 10 LEE MEIXIAN - Construction firm has ventured overseas into Brunei and China By LEE MEIXIAN HOMEGROWN construction company Ley Choon Group Holdings started trading on the main board of the Singapore Exchange (SGX) yesterday, following the successful completion of its reverse takeover (RTO) of Ultro Technologies511 words
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314 2012-08-07 10 Bloomberg [TOKYO] Deutsche Bank AG, Germany’s biggest lender, will close its commodities division in Tokyo due to slowing demand for its products, said two people familiar with the situation. In a further sign that foreign securities firms continue to trim staffBloomberg - 314 words
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238 2012-08-07 10 CARINE LEE - By CARINE LEE CHINA Paper Holdings said net profit for the fiscal second quarter ended June 30, 2012 rose 0.9 per cent year-on-year to 22.36 million yuan (S$4.36 million). Turnover slipped 7.4 per cent to 263.96 million yuan from a year238 words
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338 2012-08-07 10 JASMINE NG - Steelworks revenue shrinks with iconic projects completed By JASMINE NG POORER performance by its structural steelworks segment dragged down Yongnam Holding’s net profit by 20 per cent to $12.08 million for the second quarter ended June. Increased contributions from the group’s Marina Coastal338 words
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COMPANY BRIEFS
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71 2012-08-07 10 VIZ Branz yesterday said discussions about a possible share transaction are still ongoing between one of its substantial shareholders and a third party, as well as other potential interested parties who have also approached the substantial shareholder to buy his stake in the71 words
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61 2012-08-07 10 UNITED Envirotech (UE) recorded a 66.3 per cent year-on-year increase in fiscal first quarter net profit to $5.88 million, thanks to gains from its engineering segment. Turnover for the first quarter was $32.06 million, up 54.2 per cent. Earnings per share for the61 words
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68 2012-08-07 10 SINGAPORE Technologies Engineering said its aerospace arm, Vision Technologies (VT) Aerospace, and Pemco World Air Services Inc have agreed to terminate their asset purchase agreement whereby VT Aerospace intended to acquire Pemco’s Tampa aerospace facility and other assets. The decision to terminate the deal68 words
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60 2012-08-07 10 SING Holdings posted a 192.7 per cent year-on-year growth in its profits to $9.50 million for the second quarter ended June 30, 2012, due to higher revenue recognition from its development project. Revenue for the three-month period leapt 185.6 per cent to $64.01 million with60 words
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81 2012-08-07 10 QAF Ltd has made a 32 per cent increase in its earnings for the second quarter ended June 30 to $8.64 million from a year earlier. However, half-year earnings slid 46 per cent to $18.68 million from $34.79 million previously. Revenue for the81 words
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69 2012-08-07 10 MARINE logistic group Marco Polo Marine recorded a 104 per cent year-on-year increase in its third quarter earnings to $8.89 million despite a 32 per cent decline in revenue during the period to $14.40 million from $21.18 million previously. The gain was attributed to69 words
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57 2012-08-07 10 Pan United’s earnings for the second quarter ended June 30 grew 51 per cent to $13.21 million from a year earlier. Revenue grew 41 per cent for the quarter to $181.77 million. Pan United has declared an interim dividend of 1.5 cents57 words
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88 2012-08-07 10 KOH Brothers Group’s net profit for the fiscal second quarter ended June 30, 2012 remained relatively unchanged from a year ago at $2.61 million. A year ago, the group reported a profit of $2.59 million. Turnover for the quarter declined 32 per cent88 words
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67 2012-08-07 10 CHANGTIAN Plastic Chemical posted a net profit decline of 40.2 per cent to RMB3.7 million (S$720,000) for its second quarter of 2012 compared to a year ago. Revenue dropped 27.5 per cent on year to RMB59.6 million, from RMB82.2 million a year earlier.67 words
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121 2012-08-07 10 SCORPIO East Holdings’ independent auditors issued a qualified opinion on its financial statements for the year ended April 30, 2012. The auditors drew attention to the group’s and the company’s losses of $4.77 million and $1.24 million respectively for the fiscal year ended April121 words
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84 2012-08-07 10 A UNIT of Sapphire Corporation said some $760,000 worth of iron ore stock has been stolen from its inventory, and it is likely to put a dent in the group’s full-year earnings. The value of the iron ore has been written off to84 words
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84 2012-08-07 10 MENCAST Holdings’ net profit attributable to equity holders of the company increased by about $1.5 million or 27.7 per cent from $5.4 million in the corresponding period last year to $6.9 million in the first half of 2012, as a result of84 words
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Advertisement25 2012-08-07 6 Why Subscribe To SPH Directly? uih ok a*J( am c^vjoijJ. SAME SERVICE BE REWARDED NO SURPRISES WORRY-FREE To subscribe, call: 6388-3838 or visit www.STsubscribe.com S|5l25 words
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Advertisement398 2012-08-07 7 Enjoy a position oj van tage come what may Wherever life takes you, you can still have the upper hand. That's why we developed PRUCrisis Cover Vantage to supplement the PRUVantage suite of Wealth Management Products. As one of the market leaders in critical illness protection. Prudential is the first398 words
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SINGAPORE MARKETS
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Article, Illustration605 2012-08-07 8 R SIVANITHY - Index rises 20.49 points to 3,071.82; gains in the Jardine group continue to play a central role in its performance STOCKS R SIVANITHY Senior Correspondent WALL Street and Europe’s Friday rebound that was in response to a ter-than-ex-pected US payrolls report prompted a 20.49Source: Bloomberg - 605 words
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Article186 2012-08-07 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 10 4 3 0 0 0 10 4 3 Manufacturing 58 34 48 5 6 13 63 40 61 Commerce 19 23 16 1 4 3 20 27 19 Tpt/Stor/Comms 15 16 10186 words
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Article123 2012-08-07 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 17,754 17,754 71,756 71,756 Manufacturing 219,091 14,753 233,844 250,056 387 250,443 Commerce 246,358 4,870 251,228 140,811 359 141,170 Tpt/Stor/Comms 101,631 16,111 117,742 152,719 4,505 157,223 Finance 17,853 2,290 20,143 137,903 987 138,890 Construction 180,377 3,381123 words
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Article111 2012-08-07 8 Stock name Close Change CapMallsAsia 1.700 +0.030 CapitaLand 3.130 +0.010 CapitaMall 1.995 +0.005 CityDev 11.940 +0.210 ComfortDelGro 1.700 DBS Grp 14.900 +0.150 F&N 8.220 +0.070 GLP 2.330 Genting SP 1.305 -0.005 Golden Agri 0.730 +0.005 HK Land 6.120 -0.010 JMH 56.160 +2.760 JSH 34.300 +1.380 Jardine111 words
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Article66 2012-08-07 8 Aug 6 VALUE CLOSE BT OB/OS 257.00 +281.0 BT CADI -*****.00 +47.0 BT 10-day MA -*****.00 +26.00 FTSE ST Mid Cap 705.26 +2.62 FTSE ST Small Cap 462.28 +2.25 FTSE ST All Share 741.69 +4.52 FTSE ST China Top 203.34 +0.58 FTSE ST China 222.56 +0.08 FTSE66 words
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Article59 2012-08-07 8 VOLUME HLH Grp 83,331,000 GSH Corp 71,395,000 Noble Grp 55,979,000 IPC Corp 52,013,000 Golden Agri 50,022,000 Ley Choon 46,228,000 Genting SP 42,784,000 NexGenSCom 28,800,000 Sakari 25,934,000 LionGold 22,620,000 VALUE($) F&N 76,479,740 SingTel 63,173,120 Noble Grp 62,042,012 Genting SP 56,590,510 DBS Grp 54,893,854 OCBC Bk 44,125,835 Keppel Corp59 words
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Article, Illustration884 2012-08-07 8 CONRAD TAN - Compiled by CONRAD TAN Sembcorp Industries Aug 6 close: $5.34 CIMB RESEARCH, Aug 6 SEMBCORP Industries’ H1 2012 results met both our expectations and consensus expectations at 48 per cent of our FY2012 earnings projections. Better gas sales in Singapore and the full commissioning of the Salalah plantSource: Bloomberg - 884 words
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Article, Illustration479 2012-08-07 8 CURRENCIES Bloomberg [SINGAPORE] Asian currencies advanced, led by Malaysia’s ringgit and South Korea’s won, after the US added more jobs than forecast in July, easing concern that growth in the world’s biggest economy is slowing. The Bloomberg-JPMorgan Asia Dollar Index touched a one-weekBloomberg; BLOOMBERG FILE PHOTO - 479 words
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Article111 2012-08-07 8 BY CENTS CLOSE UP JMH 5616 342.9 5.2 DBXT Nifty 10US$ 9685 300.6 2.6 JSH 3430 171.4 4.2 GLD 10US$ ***** 160.3 0.8 DBXT MSKorea 10US$ 5536 152.8 2.3 Jardine C&C 4779 65.0 1.4 DBXT SPASX200 10US$ 3450 59.6 1.4 DBXT MSJAP 10US$ 3484 47.2 1.1 OCBC Bk 4.5%NCPS111 words
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Article119 2012-08-07 8 BY CENTS CLOSE DOWN DBXT S&P Short 10US$ 3652 -67.1 -1.5 Asia Pac Brew 4885 -65.0 -1.3 OmegaNav 16 -19.0 -54.3 DBS Bk 4.7% NCPS 100 ***** -10.0 -0.1 SingTel 345 -9.0 -2.5 IS Asia BND 100US 1054 -7.5 -0.6 Great Eastern 1377 -7.0 -0.5 Isetan 476 -7.0 -1.4119 words
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Advertisement350 2012-08-07 9 GIVE YOU LOWER INTEREST RATES -Jl With OCBC Securities’ first-to-market QualityPriced Loan feature, you can potentially enjoy lower interest rates* on your SGD share financing loan. This new feature of your Share Financing Account rewards you with a lower blended interest rate when you hold a larger quantity of high350 words
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Advertisement112 2012-08-07 10 SHARElNVESTOR.com The Pulse Of Trading Lucky Stand a chance to win attractive cash prizes when you sign up or renew your Sharelnvestor membership plan. More than $6000 worth of cash prizes to be won! 2nd ’rize $1000 4th Prize $200 each X 10 winners Top Prize $2000 3rd ’rize j112 words
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Advertisement29 2012-08-07 10 I REMEMBER... Four Indian Singaporeans aged between 69 and 94 reminisce about their childhood days on this island PERFECT WEDDING IDEAS AT BRIDAL MANTRA EXPO GET YOUR COPY TOMORROW29 words
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Advertisement314 2012-08-07 10 InvestorRelationsHighlights First REIT Posted 23.1% Rise In 2Q2012 Distributable Income To S$12.2 Million Singapore’s first healthcare real estate investment trust with properties in Indonesia, Singapore and South Korea, First Real Estate Investment Trust (“First REIT”), reported a 23.1% rise in its distributable income to S$12.2 million for the second quarter314 words
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Advertisement178 2012-08-07 11 4 ON SHENTON METROPOLITAN LIVING REDEFINED III J- •S' m WtSSSSm •vmtn mgn X m n't $3 ra* f 'V mi >. r aw i=r > m 7 s'* MM 1::/ "4 v a i p i *4 i n I :<■ jgE cn -i -n." is ry epitome of178 words
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SINGAPORE NEWS
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Article, Illustration282 2012-08-07 12 MICHELLE TAN - By MICHELLE TAN A 60-YEAR leasehold industrial property was put up for an expressions-of-inter-est exercise yesterday, according to DTZ. Occupying a total land area of around 44,906 sq ft, the site along Lorong 5 Toa Payoh comprises a four-sto-rey light industrial building282 words
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SINGAPORE ROUNDUP
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95 2012-08-07 12 FRAGRANCE Group and Aspial Corp subsidiary World Class Land Pte Ltd have formed a special purpose company (SPV) to develop a land parcel at Tanah Merah Kechil Road. Called Bayfront Realty Pte Ltd, the SPV will have an issued and paid-up capital of $5 million95 words
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Article114 2012-08-07 12 SPAIN’S retail bank, CaixaBank, has inaugurated its representative office in Singapore, from which it will offer services to five Asean countries Singapore, Malaysia, Indonesia, Thailand and Vietnam as well as Taiwan. The Singapore office will be headed by Karim Ben Lachhab, who has many years of114 words
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Article86 2012-08-07 12 Pratt Whitney posting PRATT Whitney Global Service Partners has named William Kircher as its vice-president in Singapore for overhaul repair. Mr Kircher will lead Pratt Whitney Global Service Partners’ repair and engine overhaul businesses in Singapore and Taiwan. He will continue to be based in Singapore. He will also lead86 words
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Article101 2012-08-07 12 STAMFORD Law has announced the admission of two foreign lawyers and a local talent into the firm. Justyn Jagger joined Stamford Law from DLA Piper Singapore, where he was the co-chair of the global arbitration group and head of dispute resolution for South-east Asia. Timothy101 words
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349 2012-08-07 12 MINDY TAN - Rates for first-timer applications stabilise and second-timers improve in July By MINDY TAN EVEN as success rates for first-timer applications stabilise and second-timer applications improve, the Housing Board intends to build at least 20,000 new flats next year. This is349 words
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Article, Illustration1295 2012-08-07 12 JOSHUA TAN - Sorely needed to fight the discipline’s withering appeal By JOSHUA TAN THE phenomenon of engineering losing its place as a top choice in education seems to be a global trend, albeit manifested differently in different countries, according to David Goldberg, visiting distinguished professor atFILE PHOTO - 1,295 words
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Advertisement25 2012-08-07 12 I 3 SINGAPORE'S mvresr hits S': i 1 u HEAR ONeDlZECTiOM S <*** HOTTEST HITS ON HOT FM 91.3 (S A 0 \v‘ u I fc25 words
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Advertisement34 2012-08-07 12 THE STRAITS TIMES SUBSCRIPTION PLEASURES Subscribe Now And Get This Or Other 0T0 Gifts! o o i? C/ OTO Digital Blood Pressure Monitor u.R $138 Find out more at www.STsubscribe.com or call 6388 383834 words
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Advertisement991 2012-08-07 13 airzore® novita THE LIFESTYLE MAKERS sanitize sterilize 5l3WOq3HT Available NOW In Stores Online purify nirrnrPr» Ttl*& KIT CHAN SINGER/ACTRESS NOVITA BRAND AMBASSADOR air STERILIZATION "■60% a*. 97-60%l°SSs-95.50% ELIMINATION SURFACE SANITIZATION 99.99% E Coli Salmonella 99.00% Yeast Mold k ELIMINATION Perfecting Air Quality The Way It Should Be Driven by the991 words
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SME Inc
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Article, Illustration970 2012-08-07 14 KENNETH LIMreports - A new challenge has appeared on the horizon for recently listed construction company Sysma Holdings. LIMreports KENNETH LIMreports SYSMA Holdings founder Sin Soon Teng has no trouble finding work for his construction company. Instead, his key concern at the moment is finding people to do the970 words
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Article, Illustration1357 2012-08-07 14 AUDREY CHENG. CHUA MEI YEE, GERALDINE TAN - Riding on the wave of burgeoning smartphone applications, MHC skilfully leverages the power of technology By AUDREY CHENG. CHUA MEI YEE, GERALDINE TAN The writers are students at NUS Business School A SIMPLE tap on your smartphone that’s all you need. And that’s all the CEOFILE PHOTO - 1,357 words
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Advertisement70 2012-08-07 14 HAVE an interesting story on an SME to share? Drop us a note on why you think the company should be featured in our weekly SME INC pages, with details like how much the company has grown, and its expansion plans. Send your e-mail to Felda Chay at feldac@sph.com.sg with70 words
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PRODUCTIVITY MATTERS
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Article, Illustration1640 2012-08-07 15 TEH SHI NING - NINGfinds out how wafer foundry SSMC moves from ‘plain vanilla ice-cream’ to ‘specialty ice-cream’ ELECTRONICS TEH SHI NING THE global semiconductor industry’s outlook may be overcast, but 2012 is set to be wafer foundry Systems on Silicon Manufacturing Co’s best year yet. Chief executive Jagadish CVARTHUR LEE - 1,640 words
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Article385 2012-08-07 15 Schemes for electronics productivity: FUNDING WORK PROCESSES IMPROVEMENT WORKFORCE DEVELOPMENT LEGEND SCHEME WHAT YOU GET WHO TO CONTACT SME Management Action for Results (SMART) Initiative Innovation and Capability Voucher Scheme (ICV) SMEs can get help to develop a capability roadmap to strengthen management systems and processes. Can385 words
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WORLD
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Article, Illustration748 2012-08-07 16 Cash-strapped group could end up as merely a parts maker for Hon Hai Reuters [TOKYO] Japan’s cashstrapped Sharp Corp may end up with only one option to survive dump its consumer business and submit to a future as a component maker for Taiwanese partnerReuters; AFP - 748 words
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Article, Illustration656 2012-08-07 16 Bloomberg [GENEVA] Swiss banks must lure affluent clients from emerging markets or face a “slow death” as the pursuit of tax dodgers by US and European authorities results in outflows of assets. Western Europeans may pull as much as 135 billionBloomberg; FILE PHOTO - 656 words
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641 2012-08-07 16 Wary manufacturers postpone decisions due to uncertainty NYT [NEW YORK] A rising number of US manufacturers are cancelling new investments and putting off new hires because they fear paralysis in Washington will force hundreds of billions in tax hikes and budget cuts nextNYT - 641 words
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476 2012-08-07 16 Regulator preparing to cut minimum holding period for stocks: official Bloomberg [HANOI] Vietnam plans to ease rules on equity trading and accelerate initial public offerings (IPOs) of state-owned companies this year to attract investors to a market that’s valued almost 15 timesBloomberg - 476 words
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183 2012-08-07 16 Reuters [SYDNEY] Australian businesses have become dramatically more optimistic about the outlook for sales, profits and hiring in the next six months, a survey showed yesterday. The survey of 400 firms from Dunn Bradstreet was taken in July and sought their outlook forReuters - 183 words
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Article, Illustration731 2012-08-07 20 Group of investors acquires 73% of company via preferred shares Reuters [NEW YORK] A group of investors rescued Knight Capital Group Inc in a US$400 million deal that keeps the embattled leader in mar-ket-making for equities in business, but comes at a huge costReuters; REUTERS - 731 words
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Article, Illustration848 2012-08-07 20 Bloomberg [NEW YORK] Best Buy Co founder Richard Schulze, who stepped down as chairman this year, has offered to take the electronics retailer private at US$24-26 a share, according to a copy of a letter he sent to the boardBloomberg; AP FILE PHOTO - 848 words
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800 2012-08-07 20 Law firms employing ex-agency staff not influencing cases NYT [WASHINGTON] The revolving door has long been the focus of government watchdogs here, a symbolic portal that business executives and lawyers pass through on their way to government posts and back again toNYT - 800 words
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738 2012-08-07 20 Gunman said to be a former soldier; police searching his Milwaukee apartment [OAK CREEK, Wisconsin] A gunman killed six people before police shot him dead at a Sikh temple near Milwaukee in what the FBI has said may have been738 words
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PRIVATE EDUCATION
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Article, Illustration1268 2012-08-07 17 LEE U-WEN - More can be done to attract both local and foreign students to take courses at PEIs here, reports LEE U-WEN reportsLEE LEE U-WEN THE past decade has been a significant and eventful one for Singapore’s ambitions to establish itself as a premier global education hub. There wasREUTERS - 1,268 words
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Advertisement50 2012-08-07 17 Global Ideas begin in a learning centre that takes education beyond the four walls of a classroom 77 Gerard Ee, Chairman, SIM Governing Council Members of The SIM Group 1SIM [rtjlSIM IjjjjSIM M ™>rcTV M GLOBAL II PROFESSIONAL UN VERS TY EDUCATION development W www.simge.edu.sg rsity m SIM GLOBAL EDUCATION50 words
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MALAYS IA/IN DON ESI A
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572 2012-08-07 18 S JAYASANKARAN - Incentives vague; voluntary schemes don’t have strong track record: analyst By S JAYASANKARAN in Kuala Lumpur MALAYSIA’S recently announced Private Retirement Scheme (PRS), a voluntary pension plan for all citizens, is likely to succeed only modestly unless the Employees Provident572 words
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452 2012-08-07 18 Mr Sia countersues for a 50% share of the Indonesian coal producer Bloomberg [SINGAPORE] Low Tuck Kwong, founder of Indonesian coal producer PT Bayan Resources, told a Singapore court that he had been defamed in letters to the regulator and stock exchange inBloomberg - 452 words
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Article, Illustration493 2012-08-07 18 PAULINE NG - By PAULINE NG in Kuala Lumpur INVESTORS of Maybank who opted for its dividend reinvestment plan (DRP) received higher absolute returns despite a dilution in earnings per share and return on equity, according to a stockbroker. Since it started the scheme in FY2010, Malaysia’sBLOOMBERG - 493 words
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Page 18 Advertisements
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Advertisement841 2012-08-07 18 SERIES Effective Leadership Customer Service Skills AUGUST 2012 FULL-DAY WORKSHOPS 27 Aug, 2012 (Mon) 23 Aug, 2012 (Thu) Unlock Your Personal Charisma The Unspoken Secret of the Successful SPH News Centre (9.30am to 6.00pm) Who should attend: What you will learn: How to connect with anyone (including difficult people) and841 words
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GREATER CHINA/INDIA
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Article, Illustration912 2012-08-07 19 He faces a gridlocked Parliament as he tries to revive the country’s economy Bloomberg [NEW DELHI] Indian Finance Minister Palaniappan Chidambaram will face his first test in trying to rejuvenate a slowing economy when Parliament resumes this week and the government bidsBloomberg; AFP - 912 words
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Article, Illustration883 2012-08-07 19 Bloomberg [MUMBAI] India’s weakest monsoon since 2009 is poised to fuel the worst inflation among the largest emerging markets and leading banks from Goldman Sachs Group Inc to Nomura Holdings Inc to cut forecasts for interest-rate cuts. Goldman Sachs now predicts the Reserve BankBloomberg; AP - 883 words
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387 2012-08-07 19 Reuters [HONG KONG] Police detained more than 150 people in weekend raids on casinos and hotels in Macau after a recent spate of killings raised fears of a new gang war in the world’s largest gambling destination. The former Portuguese territoryReuters - 387 words
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367 2012-08-07 19 It will continue with ‘pre-emptive’ moves to curb slowdown Reuters [BEIJING] China’s central bank said it will intensify its monetary policy fine-tun-ing in the second half of this year and improve credit policy to bolster the real economy, echoing earlier government commitments amid anReuters - 367 words
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433 2012-08-07 19 Development sec vows to exit city’s real estate market Bloomberg [HONG KONG] Hong Kong’s five-week old government was rocked by its third controversy involving senior officials, as Secretary for Development Paul Chan acknowledged he knew about the sub-renting of a unit ownedBloomberg - 433 words
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Page 21 Advertisements
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Advertisement4325 2012-08-07 21 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices QAF Limited Company Registration No. *****0035D (Incorporated in the Republic of Singapore) NOTICE OF BOOKS CLOSURE DATE INTERIM DIVIDEND NOTICE IS HEREBY GIVEN that the Transfer Books and Register of Members of the Company will be closed from 5.00 p.m. on 30 August 20124,325 words
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LONDON OLYMPICS 2012
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Article, Illustration523 2012-08-07 22 Despite the odds, Japanese team may pose first real threat to China today AP [LONDON] China is close to a third gold medal in table tennis, and one billion fans back home expect nothing less. China’s women reached the gold-medal final at the LondonAP; PHOTOS: AFP, AP - 523 words
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354 2012-08-07 22 Reuters [LONDON] London Olympic organisers have promised zero tolerance towards anyone looking to disrupt an event at the Games after a man was arrested for throwing a bottle onto the track before the start of the men’s 100 metres final. The man lobbed theReuters - 354 words
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Article, Illustration685 2012-08-07 22 AP [LONDON] Disappointment, tears and that oh-so-unsat-isfying colour bronze are all in the past for Sanya Richards-Ross. On this trip to the Olympics, she closed the deal. Four years after a late fade left her crying and wearing the Olympic bronze medal, Rich-ards-Ross wonAP - 685 words
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Article, Illustration659 2012-08-07 22 He has made huge sacrifices to ensure a gold medal win AFP [LONDON] Briton Mo Farah could become only the sixth man to achieve the 5,000-10,000 metres Olympic double this week, completing a remarkable journey which began in war-torn Somalia. Whatever happens in theAFP; PHOTO: AP - 659 words
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532 2012-08-07 22 Reuters AP AFP [LONDON] Caribbean runners bid to expand their dominance of the shorter track distances yesterday, after Jamaica’s Usain Bolt ran the second quickest 100 metres ever to swat aside any doubt that he is still the fastest man on Earth. Bolt’s goldReuters; AP; AFP - 532 words
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AVIATION/SHIPPING
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915 2012-08-07 23 Airbus also claims US planemaker is trying to catch up with ‘huge success’ of A320 family Reuters [SINGAPORE] The defection of a high-profile Airbus customer to Boeing last week is prompting European accusations of aggressive tactics amid renewed evidence of a jet price war.Reuters - 915 words
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Article, Illustration609 2012-08-07 23 Airline also seeking to replace older 757s on int’l routes Bloomberg [SEATTLE] United Continental Holdings Inc, set to receive its first Boeing Co 787 Dreamliner next month, already is considering a larger version of the 220-seat plane and isn’t ruling out an AirbusBloomberg; FILE PHOTO - 609 words
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Article251 2012-08-07 23 SGX '000 Aug 6 S$ +/-Vol CH Offshore 0.44 0.04 1785 Chuan Hup Hldg 0.24 0.01 317 Cosco Corp 1.00 0.02 8101 S$ Ezra Hldgs 1.01 unch 3956 First Ship Lea 0.15 unch 395 Freight Links 0.07 unch 1010 Grand Banks 0.23 -0.02 2 Jaya Hold Ltd 0.56251 words
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432 2012-08-07 23 Bloomberg [LONDON] Charter rates for capesize ships, the largest iron-ore carriers, rose for the first time in almost four weeks as hire costs in the Pacific region jumped. Average daily earnings increased 2.1 per cent to US$4,346, the first gain sinceBloomberg - 432 words
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552 2012-08-07 23 It also unveils major restructuring of ailing Iberia Reuters [LONDON] The owner of British Airways (BA) and Iberia is ringing the alarm bells on its exposure to Spain, announcing contingency plans for a euro exit by the country and a wholesaleReuters - 552 words
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1902 2012-08-07 26 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 UK CONTINENT SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE STXPO TBN Antwerp/UK1,902 words
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Page 23 Miscellaneous
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Miscellaneous290 2012-08-07 23 CRYPTIC CROSSWORD Across 1 Play endless match before scrap (6) 5 More vulgar turning her irate (8) 9 Analytical detective approaches questioning (10) 10 Invalid, victim of infectious disease initially (4) 11 Keep subdued melody following return of Queen (8) 12 Criminal swindle then nev-er-ending bird (6) 13 Superstar’s not290 words
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EDITORIAL & OPINION
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498 2012-08-07 24 EDITORIAL BY any measure, Singapore’s Changi Airport is not just a national icon, it is also a world renowned success story. This is an airport which is among the busiest international hubs in the world and a multiple award-winning one at that, having bagged over498 words
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Article, Illustration789 2012-08-07 24 LEON HADAR - THE BOTTOM LINE LEON HADAR Washington Correspondent YOU didn’t have to be a political consultant or an election campaign operator or for that matter, an economist to predict the way the media advisers to President Barack Obama and those working789 words
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Article, Illustration1048 2012-08-07 24 JEFFREY FRANKEL - Western politicians seem to live by a pro-cyclical rather than a countercyclical fiscal policy By JEFFREY FRANKEL The writer is professor of Capital Formation and Growth at Harvard University THE world’s advanced economies remain divided over whether to strengthen budget balances in the shortAP FILE PHOTO - 1,048 words
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Article, Illustration1558 2012-08-07 25 ANTHONY ROWLEY - The country is set to overtake China as the world’s largest motorcycle market ANTHONY ROWLEY Tokyo Correspondent THE motorcycle mecca of the (near) future will neither be California with its cool, freeway-cruis-ing Harley Davidsons nor Germany with its gleaming, autobahn-gob-bling BMWs but India, which is expectedBLOOMBERG FILE PHOTO - 1,558 words
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Article, Illustration796 2012-08-07 25 CHIA HO CHOON - By CHIA HO CHOON The writer is a partner, litigation and dispute resolution, KhattarWong LLP DESPITE having one of the most efficient court systems in the world, Singapore is witnessing a significant increase in cases of local and foreign parties choosing to settle796 words
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Page 26 Advertisements
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Advertisement34 2012-08-07 26 PLACE YOUR AD HERE The Business Times Shippii g Times CALL JOE WOr 1G AT 9620 1327 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? II34 words
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Advertisement32 2012-08-07 26 Experienced ship maintenance £ndy h ou y r services services wanted, here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES IIIL UUJINLJJ IIIVILJ Shipping Times32 words
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SINGAPORE STOCKS
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Article2969 2012-08-07 27 Transaction date: Aug 6 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Day Last Quote Div Gr Yld 132 92.5 AIMSAMPIReit 129 -1.5 264 131 128.5 129 1302,969 words
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Article246 2012-08-07 28 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Sale 4.6 1.3 t Advanced System 1.8 unch 160 1.8 1.8 1.8 1.9 23.8 Cooo) Day High Last Quote Low Buyer246 words
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Article8025 2012-08-07 28 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mat Pte Ltd APS Alpha FuncfCI 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 Mat Asia Limited FM local Ccy Bond 08,025 words
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Article189 2012-08-07 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 41.5 25.5 Genting HK US$ US34 +0.5 ***** 35 33.5 33.5 34 2238.7 Last 220 168 TanChongInt HK200 200 207 4.3 3.5 6.7 4027.8 STOCK PRICES189 words
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Article942 2012-08-07 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126.8 122.2 CIMB APAC Div 100S$D 126.8 126.2 127.1 103 95.8 CIMB APAC Div 100US$ US99.6 101.9 102.6 10.5 1278 1246 CIMBASEAN40 100S$D 1278 1292 1301942 words
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FINANCE & COMMODITIES
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Article653 2012-08-07 29 Aug 6 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8683.20 8751.80 8676.25 Sep12 8550.00 8750.00 8545.00 8725.00 *****0 *****6 Dec12 8535.00 8665.00 8535.00 8660.00 6 ***** MSCI TAIWAN INDEX FUTURES SPOT 256.54 259.73 256.54 Aug12 252.50 259.60 252.20 256.50 ***** *****5 Sep12 252.10653 words
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373 2012-08-07 29 In local curr In S$ In US$ dy yr dy yr dy yr Aug 3 Index Change Change Change Change Change Change World Preliminary 889.7 1.8 7.2 1.6 2.2 2.1 6.6 EAFE Preliminary 710.9 1.4 4.2 1.6 -1.7 2.1 2.5 Europe Preliminary 1082.4 2.8 5.4373 words
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Article, Illustration127 2012-08-07 29 As on 3 August 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT OCT2012 1596.80 1587.00 1606.90 81 INDIA GOLD (E-GOLD) FUT OCT2012 535.30 528.40 533.30 846 GOLD FUT DEC2012 1609.40 1589.00 1609.10 813 CURRENCY EUR-USD FUT SEP2012 1.2397 1.2178 1.2380 3161127 words
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Article107 2012-08-07 29 Aug 3 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 12 1656.25 1653.00 1669.50 1639.25 Sep 12 1635.75 1623.50 1645.25 1609.25 Nov 12 1628.75 1616.50 1638.50 1602.25 Jan 13 1625.00 1610.25 1634.00 1598.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Aug 12 52.04107 words
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Article70 2012-08-07 29 CRUDE OIL PRODUCTS Aug 3 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 107.43 0.68 WTI (Near Mth) 91.22 4.02 Dubai (1-Mth F) 101.93 0.32 Tapis blend 110.54 0.94 Minas 111.39 0.94 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 96.89 -0.11 Jet Kerosene 122.00 0.49 US$/barrel OpecOil Basket70 words
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Article25 2012-08-07 29 Aug 6 Aug s$ Bid Offer 1-month 1.2423 1.2425 2-months 1.2422 1.2425 3-months 1.2420 1.2423 6-months 1.2410 1.2413 Source: OCBC Source: OCBC25 words
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Article66 2012-08-07 29 Aug 3 Aug 3 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1825.50 1804.00 3 months 1860.00 1840.00 Copper, Grade A(US$/tonne) Cash 7440.75 7322.25 3 months 7445.00 7330.00 Lead(US$/tonne) Cash 1883.25 1842.75 3 months 1895.00 1854.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 366 words
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Article80 2012-08-07 29 Aug 3 COCOA (£/tonne) Close Prev High/Low Sep 12 1648 1649 1669/1637 Dec 12 1630 1630 1651/1616 Mar 13 1606 1607 1629/1590 May 13 1602 1603 1626/1585 COFFEE(US$/tonne) Close Prev High/Low Sep 12 2224 2229 2237/2193 Nov 12 2201 2199 2205/2171 Jan 13 2170 2165 2174/2139 Mar 13 216080 words
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1107 2012-08-07 29 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 4 1 146 456 6.75 21 Cooo) Conv Aztech Grp W*****3 0.3 -0.1 10 1 20 92 35.33 3 Baker Technology Ltd W*****6 1 0.2 144 1 321,107 words
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Article470 2012-08-07 29 Aug 6 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.056 6.717 0.854 8.172 58.636 99.737 0.826 11.901 3.276 1.290 99.216 44.099 1.309 8.618 1.025 31.544 33.214 0.677 1.054 Canada 0.947 6.363470 words
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Article56 2012-08-07 29 Aug 6 (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$) 3 mths 0.***** 0.***** 0.***** SWAP Mid rates (S$) 12 mths 0.***** SWAP Mid rates (S$) 156 words
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Article133 2012-08-07 29 Aug 6 GOLD(US$/oz) Aug 06 Aug 03 Hong Kong 1615.00 1601.00 Aug Aug 03 Aug 02 London 1600.76 1593.39 1601.53 1594.61 Source: Thomson Reuters CAST BAR Aug 06 (S$) Selling Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 154 64 5gm 437 320 10gm 780 640133 words
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Article90 2012-08-07 29 Aug 6 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****N 01-Nov-12 0.23 6-Month BS*****Z 24-Jan-13 0.24 1-Year BY*****T 02-May-13 0.23 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-14 100.09 100.15 100.15 5-Year N*****0Z 2.37590 words
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Article56 2012-08-07 29 Aug 6 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Aug 12 2897.0 3353 Sep 12 2915.0 2907.0 2920.0 2890.0 1580 ***** Oct 12 2930.0 2918.0 2938.0 2909.0 ***** ***** Nov 12 2937.0 2935.0 2949.0 2924.0 5110 *****56 words
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Article156 2012-08-07 29 Aug 6 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3088 1.3096 1.0535 1.0540 Canadian dollar 1.2398 1.2405 0.9984 0.9980 Euro 1.5336 1.5341 1.2345 1.2347 NZ dollar 1.0141 1.0149 0.8163 0.8168 Sterling pound 1.9333 1.9340156 words
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Article121 2012-08-07 29 As at 9am Aug 06 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.339 1.276 Can dollar 1.268 1.208 Euro 1.576 1.501 Sterling pound 1.977 1.901 NZ dollar 1.043 0.994 US dollar 1.259 1.211 Local dollars to 100 units of foreign121 words
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Article160 2012-08-07 29 Aug 6 $S Offer Bid 0vernight 0.04 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.05 US$ Offer Bid 7 days 0.25 0.15 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 12160 words
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PROPERTY
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Article, Illustration391 2012-08-07 30 Clamps on credit, recession deter buyers; little change seen in values Bloomberg [LONDON] UK house prices fell in July for the first time in three months, according to mortgage lender Halifax, which said it expects “little change” in values for theBloomberg; BLOOMBERG - 391 words
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918 2012-08-07 30 Saccos buy land and resell to members at affordable prices to build houses Xinhua [NAIROBI] Nearly six years ago, Nairobi resident Moses Chenyi thought of buying a house through a mortgage scheme. “It was a dream that I had nurtured forXinhua - 918 words
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Article, Illustration1123 2012-08-07 31 The city builds up Hudson Yards the largest undeveloped parcel in Manhattan AP [NEW YORK] New York lost the 2012 Olympics, but the city’s bid for the summer games spurred another, visionary venture: building up the largest undeveloped parcel in Manhattan. WhileAP - 1,123 words
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Page 30 Advertisements
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Advertisement305 2012-08-07 30 Freehold Mixed Landed Site off Upper BtTimah 70,283 sf land; 3-sty mixed landed; FH Quiet squarish island site; 4 frontages Close to PIE/BKE Beauty World MRT Potential for up to 43 landed homes Tender Closing on 15 Aug 2012 (Wed), 2.30pm leeswan.tang@credo.com.sg (CEA Regn No: R*****3 A) angela.lim credo.com.sg (CEA305 words
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Advertisement140 2012-08-07 30 Industrial Building Near Toa Payoh Central Short walk to Toa Payoh MRT Station Bus Interchange HDB Hub at Toa Payoh Central Total Site Area approx 44,906 sf Gross Floor Area approx 83,342 sf MP 2008 Zoned ‘B1’, PR 2.5 Map Not To Scale. For Reference Only. Expressions of Interest Closing:140 words
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Advertisement23 2012-08-07 30 China's Qingjian Group to list in S'pore next year to list in S'pore next year To subscribe, call 6388-3838 or go to sphsubscription.com.sg23 words
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Page 31 Advertisements
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Advertisement247 2012-08-07 31 Australian Property Finance Have you recently bought an Australian property and need a loan to complete the transaction? Already own and want to ensure you have the best loan? CONTACT SPECIALIST MORTGAGE HERE IN SINGAPORE FOR FREE IMPARTIAL ADVICE TO REVIEW ALL OF YOUR OPTIONS. w specialist mortgage Web www.smats.net247 words
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Advertisement177 2012-08-07 31 For Sale by Tender GCB Land at Holland Rise/East Sussex Lane Land area 52,992 sf; Freehold Vacant; Subdivided into 3 plots Good for 1 3 luxurious GCBs 400m to Holland V and MRT Stn Tender Closing on 23 Aug 2012 (Thurs), 2.30pm Freehold Industrial Site off Upper Paya Lebar Land177 words
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Advertisement374 2012-08-07 31 Monitors for the PROFESSIONALS 1 m IRS VP2365-LED IPS Full-HD LED Monitor 23" viewable size** IPS Panel (True 8-bit colour) Built-in 4-port USB Hub Pivot, Height Adjustment, 360° Swivel Tilt VP also available in 27" size IPS Professional IPS Panel 90° Pivot Free $20 Shopping Vouchers 1 360° Swivel Height374 words
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Page 32 Advertisements
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Advertisement152 2012-08-07 32 BVLGARI.COM BV LGA R I > t j *4 TA A f A v 9<q J m wu* /mi M z:. w .■v V w ‘f J! r /M l S2 V r &fl mi > n E VK V >; \3fcL a N&k: Nv BULGARI CARILLON TOURBILLON THE SYMPHONY152 words
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