The Business Times, 11 September 2012

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Total Pages: 30
1 30 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E Tuesday, eptember 11, 2012 MICA (P) 074/08/2012
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  • 1065 1  -  Most have stayed on the sidelines, but exchange is trying to get them excited again By ANDREA SOH [SINGAPORE] Retail activity in the Singapore stock market is lagging behind what is seen in Australia and Hong Kong, but the Singapore Exchange (SGX)
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  • 756 1  -  By EMILYN YAP [SINGAPORE] Shares of Fraser and Neave (F&N) jumped yesterday on nascent expectations of a general offer by Thai Beverage, which is said to be lining up funds for a potential takeover. This came after a BT report yesterday in which
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  • MARKETS DIGEST
    • 65 1 HST INDEX 3,008.72 (-2.98) HST INDEX FUTURES 3,007.00 (-3.00) GSIMSCI 346.10 (+0.06) HSIMSCI FUTURES 346.10 (-0.10) us$ s$ US$ (S$ per US$) 1.236 (US$/S$ per 1.601 1.978 EURO (US$/S$/€) 1.279 1.580 Foreign currency per US$ S$ YEN 78.30 63.30 RM 3.101 2.509 HK$ 7.755 6.275 BAHT 31.07 25.14 RUPIAH
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    • 48 1 Monday Change KL COMP 1,621.04 -3.51 NIKKEI 225 8,869.37 -2.28 HANG SENG 19,827.10 +25.01 SET INDEX 1,250.93 +4.83 JAKARTA COMP 4,160.66 +16.98 MANILA COMP 5,190.81 -10.51 SEOUL COMP 1,924.70 -4.88 SHENZHEN B 581.00 -1.71 MUMBAI IND 17,766.70 +17.13 Noon EDT Change DOW 13,311.90 +5.26 NASDAQ 3,125.91 -10.52
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    • 19 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.546 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg Source: Bloomberg
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  • Page 1 Advertisements
    • 213 1 PRODUCTIVITY MATTERS ST Aerospace leverages on technology PAGE 13 SME Inc The fine art of living off the sea PAGE 12 PROPERTY HK registers sharpest jump in home prices PAGE 29 TUDOR HERITAGE ADVISOR .JjM Self-winding mechanical movement, waterproof to 100 m, titanium and steel case 42 mm. Visit tudorwatch.com
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    • 13 1 CUSTOMER SATISFACTION INDEX Courier firms get thumbs up page 10 8 *****1 *****4
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  • TOP STORIES
    • 470 2  -  Sibor setting process is being reviewed, says Lawrence Wong By EMILYN YAP [SINGAPORE] There is a case for stronger supervision on how benchmark interest rates are being set, said Lawrence Wong, Senior Minister of State for Education and Information, Communications and
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    • 997 2 Weak China data more stimulus likely Reuters [BEIJING] Weak Chinese trade data yesterday underlined the likelihood of more Beijing-backed spending to deal with the damage done to the domestic economy by firms cutting production, inventories and imports in the face of anaemic global demand. Imports fell 2.6 per cent on
      Reuters; AFP  -  997 words
    • 100 2 IN our story “First Singapore RR engine rolls out next week” (BT, Sept 7), we said Prince William and Catherine were the Duke and Duchess of Kent. This is wrong. They are the Duke and Duchess of Cambridge. Also, Rolls-Royce said it will roll out 20 engines from its
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    • 693 2  -  By MALMINDERJIT SINGH [SINGAPORE] The Republic’s universities are getting more global recognition, with both the National University of Singapore (NUS) and the Nanyang Techonological University (NTU) climbing up the ranking charts. NUS has been placed 25th in the 2012/2013 Quacquarelli
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    • 522 2 SGX tries to win back wary retail investors RETAIL activity in the Singapore stock market is lagging behind what is seen in Australia and Hong Kong, but the Singapore Exchange is trying to play catch-up and pulling out all the stops to do so. Singapore’s active retail investor
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    • 699 3  -  Theme park boasts 40 rides, 15,000 Lego models and a unique ‘Miniland’ By LEE U-WEN [SINGAPORE] He has already led the development of two Legoland parks and is now busy putting the finishing touches on the latest addition to the family the
      LEGOLAND  -  699 words
    • 531 3 Reuters [SEOUL] South Korea yesterday unveiled a US$5.2 billion stimulus package, including tax breaks worth US$2 billion, as the government tries to shore up Asia’s fourth-largest economy in the face of Europe’s protracted debt crisis. The steps would save taxpayers some
      Reuters  -  531 words

  • Page 3 Advertisements
    • 549 3 DBS TREASURES PRIVATE CLIENT 3 wJ% p.a. interest on a 3-currency fixed deposit. -J 'ff/S V, v i r Ml We are presenting the best of both worlds, with diversification and optimal rates on your savings. DBS Treasures Private Client invites you to benefit from higher interest rates with the
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  • Page 4 Advertisements
  • COMPANY NEWS
    • 431 4  -  Fiscal reform at a local level is of little relevance and likely self-defeating By R SIVANITHY THE eurozone crisis is systemic and not fundamental in nature, and must get worse before it gets better, said Rabobank’s head of financial markets research,
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    • 473 4  -  It will now include input from int’l managers, analysts By CAI HAOXIANG THE selection process of a corporate governance award given out by the Securities Investors Association (Singapore), or SIAS, has been changed from this year onwards. Previously, the award’s selection process assessed
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    • 418 4  -  It signs MOU for stake in foresty business firm Mata Brait By ANDREA SOH IT first added children’s fashion to its bedlinen business. Now, Catalist-listed CCFH formerly Friven Co is eyeing a stake in an agro-forestry project as part of a business diversification
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    • 275 5  -  Deal will involve the home appliance sector there By KENNETH LIM GLOBAL Logistic Properties (GLP) will begin to develop specialised industrial parks for the home appliance sector in China with Chinese home appliance maker Haier Group, the developer of logistics facilities announced
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    • 176 5  -  By TEO SI JIA ST Aerospace, the aerospace arm of ST Engineering, is liquidating its 51 per cent-owned Singapore British Engineering (SBE). ST Engineering announced yesterday that SBE has commenced members’ voluntary winding up. SBE, a joint venture with BAE Systems, was set
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    • COMPANY BRIEFS
      • 95 5 SINGAPORE Exchange (SGX) yesterday launched its new OTC Options suite for SGX Iron Ore and SGX Forward Freight Agreements (FFA). “The SGX OTC Options complement the thriving SGX Iron Ore and FFA product suite and provide customers with a comprehensive suite of
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      • 43 5 MDR announced that its subsidiary, A-Mobile, has been appointed Nokia’s sole authorised distributor in Singapore. A-Mobile will partner Nokia “to strengthen its existing distribution channels and provide retail planning, channel servicing and execution support to the market”.
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      • 60 5 SAN Teh Ltd has incorporated a 95 per cent owned subsidiary, Dali San Teh Xing Real Estate Co Ltd, to spearhead a property project to develop residential apartments and shop units in Heqing, a county of Yunnan Province, China. The subsidiary has a
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      • 70 5 LIONGOLD Corp Ltd has inked a non-binding letter of agreement with Annica Holdings Ltd, giving the latter an exclusive period of up till Sept 30, 2012 to negotiate the acquisition of LionGold’s 75 per cent interest in Industrial Power Technology Pte Ltd.
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      • 50 5 COSCO Qidong Offshore part of Cosco Corporation (Singapore) has secured a contract worth more than US$200 million with Axis Offshore, a joint venture between Danish shipower J Lauritzen and Norwegian private equity fund HitecVision, to build a harsh environment semi submersible accommodation rig.
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      • 57 5 POPULAR Holdings’ first-quarter net profit fell 36 per cent year on year to $6.6 million, as revenue for the three months ended July 31 dropped 16 per cent to $119 million. The company had registered higher turnover and earnings last year due to
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    • 411 5  -  It urges unitholders to exercise caution when trading By CAI HAOXIANG TREASURY China Trust (TCT) has urged unitholders to be careful of trading based on media reports in Ireland on its affairs. TCT, a Singapore mainboardlisted business trust with commercial real estate
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    • 327 7  -  China Minmetals former exec used insider information, says MAS By KENNETH LIM A FORMER executive of the parent company of Minmetals Resources has been fined $100,000 on charges that he had traded contracts for differences (CFDs) while he had insider information, the Monetary
      BLOOMBERG  -  327 words
    • 502 7 Straightforward financial services now in demand Reuters [HONG KONG] Slowing growth across much of Asia has failed to crimp expansion plans by the region’s insurance companies, even as the rest of the financial sector slashes jobs. Insurers are riding the wave
      Reuters  -  502 words
    • 635 7 Fidelity’s Asean fund crosses US$2b in size as the region surges in popularity Reuters [HONG KONG] Money manager Fidelity saw a surge of cash into a South-east Asian equities mutual fund this summer, helping it leap past US$2 billion in size
      Reuters  -  635 words

  • Page 5 Advertisements
    • 149 5 American Express Internationa) Inc., Crawford Road P.O. Box 852 Singapore *****2. www.americanexpress.com.sg American Express International, Inc., Incorporated with Limited Liability in the State of Delaware, U.S.A. ®Registered Trademark of American Express Company. Realise potential AMERICAN STING: 5$98, *****, SSI98 ***** (+SS3 SISTIC FEE) AVAILABLE AT ALL SISTIC OUTLETS BOOKING HOTLINE
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  • SINGAPORE MARKETS
    • 625 6  -  Taking the cue from a listless Hang Seng Index, STI barely budged for most of the day before ending 2.98 points lower STOCKS R SIVANITHY Senior Correspondent AFTER Friday’s slight uptick following news of an unlimited bond-buying programme by the European Central Bank (ECB),
      Source: Bloomberg  -  625 words
    • 186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 3 6 0 0 0 7 3 6 Manufacturing 42 59 39 7 5 11 49 64 50 Commerce 24 20 19 3 3 2 27 23 21 Tpt/Stor/Comms 11 19 9
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    • 123 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 9,284 9,284 39,743 39,743 Manufacturing 230,310 80,317 310,627 220,189 1,061 221,250 Commerce 134,760 2,314 137,074 132,068 619 132,688 Tpt/Stor/Comms 71,226 17,123 88,349 102,381 5,165 107,546 Finance 17,795 1,408 19,203 109,921 607 110,528 Construction 58,301 1,724
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    • 110 6 Stock name Close Change Stock name Close Change CapMallsAsia 1.605 -0.025 CapitaLand 3.110 +0.030 CapitaMall 2.000 CityDev 11.130 -0.140 ComfortDelGro 1.640 -0.040 DBS Grp 14.540 +0.110 F&N 8.550 +0.170 GLP 2.390 Genting SP 1.350 +0.005 Golden Agri 0.675 +0.010 HK Land 5.880 -0.120 JMH 53.800 +0.150
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    • 66 6 Sep 10 VALUE CLOSE BT OB/OS -85.00 -21.00 BT CADI -*****.00 -34.00 BT 10-day MA -*****.00 -8.00 FTSE ST Mid Cap 714.19 -1.87 FTSE ST Small Cap 475.02 +1.16 FTSE ST All Share 732.24 -0.79 FTSE ST China Top 197.79 -0.77 FTSE ST China 213.24 -2.50 FTSE
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    • 53 6 VOLUME Golden Agri 119,976,000 Midas 40,694,000 Noble Grp 40,667,000 Elektromotive 39,601,000 HLH Grp 27,762,000 Yoma 23,665,000 Contel 22,959,000 GSH Corp 20,650,000 LionGold 20,506,000 Olam 20,392,000 VALUE($) Golden Agri 80,471,287 F&N 63,816,480 Noble Grp 50,703,163 CapitaLand 47,106,590 DBS Grp 43,689,924 Wilmar 41,945,840 Olam 39,491,905 Sakari 35,844,520 SingTel 34,792,040
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    • 915 6  -  Compiled by KENNETH LIM Golden Agri-Resources Sept 10 close: S$0.675 CIMB Research, Sept 10 AT its teleconference last Friday, Golden Agri confirmed our suspicions that its planned bond issuance is a prelude to mergers and acquisitions (M&As). This is positive as it will help assuage concerns over usage
      Source: Bloomberg  -  915 words
    • 590 6 CURRENCIES Bloomberg [SINGAPORE] Asian currencies rallied, led by the Thai baht, as US jobs data fanned speculation that the Federal Reserve will announce a third round of quantitative easing, a policy that boosts the supply of dollars. The Bloomberg-JPMorgan
      Bloomberg; AFP  -  590 words
    • 114 6 BY CENTS CLOSE UP GLD 10US$ ***** 444.9 2.2 DBXT Nifty 10US$ 9901 168.1 1.4 DBXT DBLCI-OY 5US$ 4120 113.7 2.3 Lyxor LatinAmerica 1 740 42.0 4.8 DBXT MSJAP 10US$ 3500 39.6 0.9 IS MSCI Spore 1325 33.4 2.1 Lyxor MS India 10US$ 1250 30.9 2.0 DairyFarm 1130 29.7
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    • 119 6 BY CENTS CLOSE DOWN DBXT FTVietnam 10US$ 2062 -68.0 -2.6 DBS Bk 4.7% NCPS 100 ***** -25.0 -0.2 Jardine C&C 4700 -21.0 -0.4 OCBC Bk 4.5%NCPS 100 ***** -19.0 -0.2 HK Land 588 -14.8 -2.0 CityDev 1113 -14.0 -1.2 JSH 3290 -12.4 -0.3 Surface MT 15.2 -11.8 -43.7 MSC
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    • 5 6 DAILY
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  • SINGAPORE NEWS
    • 464 8  -  By TEO SI JIA SINGAPORE was picked as the city with the most positive brand value, out of a pool of 16 Asian cities. Pitted against the likes of Hong Kong, Tokyo, Seoul, Bangkok and Shanghai, the city-state emerged with the highest score
      Source: PublicAffairsAsia and Ogilvy Public Relations  -  464 words
    • 550 8  -  20-year, 3.4% bonds sold in 15 minutes; deal follows sale of US$500m last week By SIOW LI SEN SINGAPORE POWER (SP) is laughing all the way to the bank or the bond market. In less than one week, it managed to sell
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    • 451 8  -  By NISHA RAMCHANDANI ASIA must further develop the infrastructure needed to support new and sophisticated forms of philanthropy, says Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam. Speaking at the Philanthropy in Asia Summit yesterday morning, he added: “We have to develop tools of
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    • 822 9  -  Lee Yi Shyan unveils amended Building Control Act; BCA to administer changes YESTERDAY IN PARLIAMENT By ZEINAB YUSUF SAIWALLA THREE new regulations as part of a long-term plan to make green 80 per cent of Singapore’s buildings by 2030 were announced in parliament
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    • 334 9  -  69% of employers polled plan to keep staffing levels in Q4 unchanged from Q3 By TEH SHI NING HIRING sentiment among Singapore’s employers has weakened from a quarter ago, says global employment services firm ManpowerGroup. Singapore’s net employment outlook the percentage of employers planning
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    • 328 9  -  Non-estate properties to be included in amended Civil Law Act By GRACE LEONG THE Ministry of Law is proposing amendments to the Civil Law Act aimed at clarifying the Law Minister’s role in distributing assets of people who die intestate (without a will). Currently,
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  • Page 8 Advertisements
    • 671 8 Navigating the Challenges of Leadership STJOBS No.1 Who should attend: Executive management level, Middle management, Managers and Team leaders who want to develop their leadership skills No.1 Recruitment site in Singapore by FULL-DAY WORKSHOPS Marketing Magazine (2011) Register at www.stjobs.sg/seminars 7 Sep, 2012 (Fri) Coaching Gen Y to Better Performance
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  • Page 9 Advertisements
    • 155 9 CO BEYOND RETAIL THERAPY AND DISCOVER THE BEAUTY OF TOTAL LUELLNESS FROM UUITHIN. PARAGON Situated in Paragon, Paragon Medical houses over 60 world-class medical specialists to meet all of your healthcare needs. MEDICAL SERVICES: Aesthetics/Cosmetic Surgery Anti-ageing Cardiology Day Surgery Centre Dentistry/Orthodontics Dermatology Ear, Nose Throat (ENT) Fertility Centres General
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  • CUSTOMER SATISFACTION INDEX OF SINGAPORE
    • 733 10  -  Companies such as DHL, FedEx, SingPost and UPS have scored more points but they may have to refine strategies amid today’s online shopping boom, reports LYNN KAN reportsLYNN reportsLYNN KAN POSTAL and courier service companies such as DHL, FedEx, SingPost and UPS have succeeded in
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    • 868 10  -  Rising ridership, ageing system add to operators’ woes By TEH SHI NING GREATER dissatisfaction with Singapore’s public transport providers, as measured by the Customer Satisfaction Index of Singapore (CSISG) released last week, was hardly a surprise. But even as public transport operators SMRT and SBS
      FILE PHOTO  -  868 words
    • 640 10  -  By TEH SHI NING UNIVERSITY students here now hold a dimmer view of administrative and teaching staff than they did a year ago and are thus less satisfied with their universities overall. The university sub-sec-tor’s Customer Satisfaction Index of Singapore score fell 3.8 points
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    • 934 11  -  Full-service airlines have earned a higher score while budget carriers saw their score slip, reports NISHA RAMCHANDANI reportsNISHA NISHA RAMCHANDANI FULL service airlines earned a higher customer satisfaction score in the Q2 2012 Customer Satisfaction Index of Singapore (CSISG), while budget carriers saw their score slip.
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    • 646 11  -  By LYNN KAN SCORES, relative gains and declines are what users and participants of indices care about. The Customer Satisfaction Index of Singapore (CSISG) is no different, providing quarterly numbers which act as a temperature reading of how differently consumers view certain service sectors
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  • Page 11 Advertisements
    • 170 11 THE CSISG METHODOLOGY AND CAPABILITIES PROGRAM M SMU H SINGAPORE MANAGEMENT UNIVERSITY DISCOVER THE UNIQUE BENCHMARKING INSIGHTS OF THE NATIONAL STANDARD IN QUANTITATIVE CUSTOMER SATISFACTION MEASUREMENT This full-day program provides management executives with a comprehensive look into the Customer Satisfaction Index of Singapore (CSISG), Singapore’s nationally adopted customer satisfaction measure.
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  • SME Inc
    • 1378 12  -  Global Oceanlink supplies quality seafood to big, discerning customers no matter what, never using bad weather as an excuse, reports WANG XIN MIN reportsWANG reportsWANG XIN MIN F EASTING on classic Singaporean seafood favourites such as chilli crab, cereal prawns and oyster
      ARTHUR LEE  -  1,378 words
    • 922 12  -  Engage SMU profs SEOW POH SUN Seow Poh Sun is an assistant professor of accounting (education) at the School of Accountancy, Singapore Management University Q: The recent announcement to enhance the Increase SME Productivity with Infocomm Adoption and Transformation (iSPRINT) scheme is likely to
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  • Page 12 Advertisements
    • 154 12 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 such as how the company has grown and its expansion plans. Send your e-mail to Felda Chay at feldac@sph.com.sg with
      154 words

  • PRODUCTIVITY MATTERS
    • 1161 13  -  ST Aerospace believes in leveraging on technology to help its staff work efficiently and more safely, reports JOYCE HOOI TRANSPORT ENGINEERING: AEROSPACE JOYCE HOOI AT ST Aerospace, a little ingenuity is going a long way quite possibly $8 million further, actually. Last year, the aviation
      ARTHUR LEE/THE BUSINESS TIMES AND ALPHONSUS CHERN/THE STRAITS TIMES  -  1,161 words
    • 349 13 FUNDING WORK PROCESSES IMPROVEMENT WORKFORCE DEVELOPMENT LEGEND SCHEME WHAT YOU GET WHO TO CONTACT Businesses can enjoy 400% tax deduction and/or a cash payout of up to $60,000 for their spending across six types of productivity improvement activities. Productivity and Innovation Credit (PIC) SMEs can
      349 words
    • 985 13  -  By LYNN KAN A WELDER at any jet-en-gine maintenance repair and overhaul (MRO) shop: a person who specialises in joining material together through welding. A welder at GE ATI in Loyang, Singapore: a machine that does what a tradesman welder does. Machines
      ARTHUR LEE  -  985 words

  • MALAYSIA/INDONESIA
    • 502 14  -  Proposal unlikely to be taken up as M’sia gears up for its next general election By S JAYASANKARAN in Kuala Lumpur ACCORDING to a Malaysian daily yesterday, carmaker Perodua is urging the government to introduce an end-of-life vehicle policy the scrapping of cars after
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    • 457 14 Economists expect central bank to raise deposit facility rate Reuters [JAKARTA] Indonesia’s central bank is likely to keep its policy rate unchanged for the seventh straight month on Thursday, but raise its deposit facility rate this year to try to stabilise the rupiah, a
      Reuters; BLOOMBERG FILE PHOTO  -  457 words
    • 280 14 Bloomberg Reuters [KUALA LUMPUR] Malaysia’s industrial output growth eased for a second month in July as a decline in mining output countered gains in manufacturing. Production at factories, utilities and mines gained 1.4 per cent from a year earlier after rising 3.7 in June,
      Bloomberg; Reuters  -  280 words
    • 471 14 [LONDON] Malaysia’s Employees Provident Fund (EPF) which has to date spent £1 billion (S$1.98 billion) on seven buildings in London alone will invest a further £400 million to £500 million to buy more properties in London and Australia in the next two
      BLOOMBERG FILE PHOTO  -  471 words
    • 218 14 [KUALA LUMPUR] Airport operator Malaysia Airports Holdings Bhd (MAHB) has taken possession of Runway 3, one of the major components for the Kuala Lumpur International Airport 2 (KLIA2) project in Sepang, Selangor. The Runway 3 contract worth RM291.2 million (S$ 116.5 million) was
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  • Page 14 Advertisements
    • 498 14 THINK BIG ENTREPRENEUR CONVENTION 2012 The Eurozone and Your Business This week, as the world prepares to see what develops significantly at the European Central Bank and in Germany, Holland and Greece, come and hear how it could affect your business. As part of the Think Big Entrepreneur Convention 2012,
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  • GREATER CHINA
    • 1003 15 With economies of scale, mega-farms could curb sharp moves in pork prices and help bring inflation more under control ANALYSIS Reuters [JINHUA, China] The Jiahua pig farm in eastern Zhejiang province is on the frontline of China’s battle with food inflation,
      Reuters; REUTERS  -  1,003 words
    • 334 15 Reuters [WELLINGTON] China’s Haier Group, parent of Carlyle-backed Haier Electronics, is looking at a takeover of New Zealand’s Fisher and Paykel Appliances Ltd (F&P Appliances), in a deal that could value the dishwasher and washing machine maker at some US$600 million. The move
      Reuters  -  334 words
  • Page 15 Advertisements
    • 137 15 TOKY U.H With ANA’s network, we take you from Singapore to the United States via Tokyo with no hassles. New York Washington D.C Los Angeles Cmc go San Francisco Seattle M ia Wfl mm ii Launching the flight service between Singapore and Seattle! The flight between Narita and Seattle has
      137 words

  • GREATER CHINA/INDIA
    • 1086 16 He brings a culture shift in ministry and moves to improve investor perceptions Reuters [NEW DELHI] P Chidambaram has a simple message for investors disillusioned by India’s policy drift: it is no longer ‘business as usual’ in the corridors of
      Reuters; AFP  -  1,086 words
    • 603 16 Reuters [HONG KONG] Hong Kong’s new Beijing-backed leader emerged the big winner of local elections yesterday, his allies holding their seats as pro-democracy groups failed to capitalise on weeks of angry protest against China-linked policies. The unexpectedly poor showing by the pro-democ-racy camp
      Reuters; REUTERS  -  603 words
    • 323 16  -  By JULIE ZHU [HONG KONG] China’s top securities regulator is considering a differential tax on stock dividends to attract long-term investors and bolster market sentiment. The China Securities Regulatory Commission (CSRC) is in talks with various government agencies on the tax scheme, the official
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    • 266 16 AFP [TAIPEI] The United States and Taiwan said yesterday that they were preparing to resume stalled trade talks after Taipei recently lifted a six-year-old ban on some US beef imports. The much-anticipated announcement comes after a meeting on the sidelines of the Asia-Pacific Economic
      AFP  -  266 words
  • Page 16 Advertisements
    • 26 16 fm Tapas at Catalunya. Champagne at KuDeTa. Make Kiss92's first ever girls’ night out experience yours. Tune in to Kiss92 now. Partners: KU E TA SINGAPORE
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  • ECONOMY WATCH
    • 544 17 Slumping exports, widening trade gap will hurt faltering economy: analysts AFP [TOKYO] Japan yesterday revised down its quarterly growth figures, re-igniting fears that the world’s thirdlargest economy was stumbling amid turmoil in Europe and a slowdown in Asia. Analysts said gross domestic product (GDP) figures
      AFP; BLOOMBERG  -  544 words
    • 775 17 AFP [PARIS] France’s Socialist President Francois Hollande pledged 30 billion euros (S$47 billion) in new taxes and savings to balance the budget and fund a turnaround in two years, and rejected criticism of dragging his feet. Mr Hollande, whose popularity ratings have taken a
      AFP; AP  -  775 words
    • 443 17 Govt set to unveil measures as falling demand hits exports Reuters [TAIPEI] Taiwan is set to announce as early as today a series of measures to boost investment in its economy as it confronts the impact of slumping global demand on the exports that provide
      Reuters  -  443 words
    • 389 17 Reuters [LONDON] Optimism among UK businesses slumped to a 20-year low last month, according to a survey by accountancy group BDO. BDO’s Optimism Index, which measures business performance expectations two quarters ahead, fell to 89.1 in August from 93.1 in July, the
      Reuters  -  389 words
  • Page 17 Advertisements
    • 700 17 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices DONGFANG SHIPBUILDING (GROUP) COMPANY LIMITED (IN LIQUIDATION) UEN *****8444D Expressions of Interest Yit Chee Wah of FTI Consulting (Singapore) Pte Ltd. was appointed as Liquidator of DONGFANG SHIPBUILDING (GROUP) COMPANY LIMITED (the “Company”) on 17 August 2012. The Company, via its subsidiaries,
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  • WORLD
    • 549 18 20 senior Xstrata executives may leave after the transaction is done Bloomberg [LONDON] Glencore International said that Xstrata chief executive officer Mick Davis will leave six months after a takeover of the Swiss mining company is completed under the sweetened and final
      Bloomberg; BLOOMBERG PHOTOS  -  549 words
    • 363 18 Reuters [BANGKOK] Thailand plans to introduce a bill letting it borrow 2.2 trillion baht (S$87.4 billion) for infrastructure projects over the next seven years, the finance minister said yesterday. Even with the increased borrowing to boost the economy following last year’s devastating
      Reuters  -  363 words
    • 525 18 Reuters [WASHINGTON] US President Barack Obama’s campaign and its Democratic partners raised more than US$114 million in August, narrowly beating Republican rival Mitt Romney for the first time in months as the race for the White House approaches its final stretch. Mr Romney
      Reuters  -  525 words
    • 425 18 AP [ATHENS] Greece’s prime minister held a new round of negotiations yesterday with representatives of the country’s bailout creditors, who are demanding a fresh round of controversial austerity cuts. Antonis Samaras’ meeting with officials from the so-called troika of the European Union,
      AP  -  425 words
    • 510 18 Bond-buying move seen eroding bank’s independence Reuters [BERLIN] The European Central Bank’s (ECB) plans to buy the debt of troubled eurozone states calls its independence into question and takes it to the limits of its mandate, a senior member of Chancellor Angela Merkel’s ruling
      Reuters  -  510 words
    • 771 19 But some fear proposed bill may delay rule changes for financial sector NYT [NEW YORK] Financial regulators may face a new obstacle in their efforts to police Wall Street. Lawmakers are pushing a bill that could curb the influence of the Securities and Exchange
      NYT  -  771 words
    • 286 19 [TOKYO] Japanese Banking Minister Tadahiro Matsushita was found hanged at his home yesterday in what police suspect was a suicide, Kyodo news agency said. Mr Matsushita, 73, was a member of the ruling Democratic Party’s tiny junior coalition, the People’s New Party. He replaced Shozaburo
      REUTERS FILE PHOTO  -  286 words
    • 642 19 Reuters [LONDON] A former UBS trader goes on trial in London this week in a case involving losses of US$2.3 billion that will subject the Swiss bank to an “uncomfortable” examination of its culture and practices. Investment banker Kweku Adoboli, who was
      Reuters  -  642 words
    • 427 19 Goldman, CVC eye debt-for-equity swap for Nine Deal will see Aussie TV channel fall into lenders’ hands Reuters [MELBOURNE] Goldman Sachs and private equity firm CVC Capital Partners Ltd have proposed a debt-for-equity swap for CVC’s Australian television network Nine, two sources said yesterday, a deal that would wipe out
      Reuters  -  427 words
    • 302 19 Reuters [NEW YORK] BP is in talks to sell some of its Gulf of Mexico oil fields to Plains Exploration Production Co for roughly US$7 billion, a person familiar with the matter said on Sunday, as the UK oil
      Reuters  -  302 words
    • 662 20  -  LDP’s Tanigaki quits race for party’s presidency amid key political changes By ANTHONY ROWLEY in Tokyo JAPAN took further steps yesterday towards what many believe will be fundamental changes in the nation’s political landscape as four Democratic Party of Japan
      662 words
    • 683 20 Retailers worry about pay disputes, unsafe conditions Reuters [DHAKA] Bangladesh’s US$19 billion garments industry attracts some of the world’s biggest clothing brands because of low costs, but many retailers say that unrest over pay and delayed shipping schedules are eroding that advantage. The killing
      Reuters; REUTERS  -  683 words
    • 679 20 Latest share sale could slash holdings to as little as 15% NYT [NEW YORK] The US Treasury Department said on Sunday that it was planning its biggest sale of shares in the American International Group (AIG) to date, making the federal government
      NYT  -  679 words
    • 164 20 Reuters [BANGALORE] JPMorgan Chase Co is considering smaller bonuses for CEO James Dimon and other executives while Citigroup Inc is also rethinking executive pay structure, both eager to placate investors after management miscues this year, The Wall Street Journal reported. JPMorgan, the
      Reuters  -  164 words
    • 293 20 Reuters [LONDON] A new Formula One (F1) commercial agreement helped to boost first-half profit and turnover for Williams Grand Prix Holdings, the former champion motor racing team. Net profit for the British-based team rose to £6.6 million (S$10.5 million) from £1.9 million in
      Reuters  -  293 words
  • Page 18 Advertisements
    • 69 18 Offering access to these additional features at no extra cost! ShareInvestor Station Quote Movements Price Download Dynamic Data Exchange (DDE) TA Market Scanner ShareInvestor WebPro Quote Movements Price Download Interactive Chart Volume Distribution Chart TA Market Scanner Enjoy 12% discount for your membership sign-up or renewal*. *Terms and conditions apply.
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    • 13 18 eriss^ Breakfast with 8/2+4 /3&8 08)1 !3%5 %58 fflr l sS«S Steu* w»
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  • Page 19 Advertisements
    • 1322 19 WATS NOTICES IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Originating Summons No. 960 of 2011 /Q IN THE MATTER OF SECTIONS 210 AND 227X OF THE COMPANIES ACT (CAP. 50, 2006 REV. ED.) AND IN THE MATTER OF NEW LAKESIDE HOLDINGS LIMITED (Under Judicial Management) (RC No. *****8395H)
      1,322 words

  • Page 20 Advertisements
    • 54 20 sr i a, fc s > i. v* 1 Jf a liV- as across W 3* til 1 AA/ 9/. 3 WIN MEET GREET PASSES AND THE CHANCE TO BE The WANTED S BFF IN SINGAPORE! TUNE IN TO HOT FM91.3 OR LOG ON TO WWW.HOTFM.SG FOR MORE DETAILS! FACEBOOK.COM/HOTFMSG
      54 words
    • 20 20 www.omy. sg MX mmmmm mm awi'IW ASSOOjXMtu^ mi V I* W rCt ,7. 6 i 73 ding omy sg 0
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  • AVIATION/SHIPPING
    • 460 21 But it hopes to rebuild Asian flow even as it loses European flow: Lim AFP [CANBERRA] Singapore’s Trade Minister Lim Hng Kiang yesterday acknowledged that the city-state would be impacted by Qantas’ tie-up with Emirates but said that the air hub was looking to growth
      AFP; BLOOMBERG  -  460 words
    • 420 21 It sets IPO at the top end of the range amid strong demand Reuters [TOKYO] Japan Airlines (JAL) set the pre-market price for its initial public offering (IPO) at the top end of the range, raising US$8.5 billion for state coffers
      Reuters; BLOOMBERG  -  420 words
    • 319 21 AP [ANCHORAGE, Alaska] More than four years after Royal Dutch Shell paid US$2.8 billion to the federal government for petroleum leases in the Chukchi Sea, a company vessel on Sunday morning sent a drill bit into the ocean floor, beginning preliminary work on
      AP  -  319 words
    • 406 21 Bloomberg [BERLIN] Danish shipping group AP Moeller-Maersk A/S agreed to buy a 37.5 per cent stake in Russia’s biggest container-terminal operator for about US$860 million to tap one of the world’s fastest growing con-sumer-goods markets. Maersk’s APM Terminals unit, the world
      Bloomberg  -  406 words
    • 278 21  -  By NISHA RAMCHANDANI [SINGAPORE] Budget carrier Tiger Airways carried 556,000 passengers in August, up 62 per cent from a year earlier, as operations for the corresponding month last year were hit by the grounding of Tiger Australia. For a six-week period starting July 1,
      278 words
    • 255 21 SGX '000 Sep 10 S$ +/-Vol CH Offshore 0.46 unch 418 Chuan Hup Hldg 0.25 -0.01 393 Cosco Corp 0.95 -0.02 3095 s$ Ezra Hldgs 1.13 0.01 ***** First Ship Lea 0.12 unch 745 Freight Links 0.06 unch 751 Grand Banks 0.31 0.01 1 Jaya Hold Ltd 0.56
      255 words
    • 1916 24 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 n GLOBAL SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE CONVENTIONAL, BREAKBULK PROJECT Destination
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  • Page 21 Advertisements
    • 479 21 ASIAN FEEDER DISCUSSION GROUP (AFDG) NOTICE TO TRADE BUNKER ADJUSTMENT FACTOR (BAF) EFFECTIVE 8 OCTOBER 2012 With the continuing increase in bunker prices, the following Participating Feeder Operators wish to inform the trade that they have to adjust the BAF on 8 October 2012. Participating Feeder Operators will continue to
      479 words
  • Page 21 Miscellaneous
    • 355 21 CRYPTIC CROSSWORD Across 5 Tears shed before Tevez finally makes substitute (6) 8 Cheryl’s regulation salad (8) 9 Swimming coach admitting start of training before international is disorganised (7) 10 One of four players with some flair in golf (5) 11 Making shaky progress with fake jewellery (9) 13 He’s
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  • EDITORIAL & OPINION
    • 487 22 EDITORIAL THE committee that will spearhead a “national conversation” about Singapore’s future was unveiled last weekend, and will now begin work to engage as many Singaporeans as possible in this unprecedented exercise. Already, there are cynics who say that such a committee will
      487 words
    • 817 22  - Same question asked is this recovery any different? THE BOTTOM LINE By DANIEL GROS The writer is director of the Centre for European Policy Studies in Brussels THE misguided belief that “this time is different” led policymakers to permit the credit boom of the early 2000s to continue for too
      817 words
    • 1090 22  -  Will identity politics be overcome in the end by America’s continuing economic problems? LEON HADAR Washington Correspondent ON THURSDAY night he was doing what he does best, projecting his personal charisma and applying his skills as an orator and exciting his supporters by delivering another
      AFP  -  1,090 words
    • 1099 23  -  Be clear about what must be done to secure EU governance that’s both democratic and as effective as conditions require By JEAN-CLAUDE TRICHET The writer, a member of the board of directors of the Bank for International Settlements, was president of the European Central Bank from 2003-2011 and
      REUTERS  -  1,099 words
    • 830 23  -  REUTERS BREAKINGVIEWS By RICHARD BEALES MYANMAR became the cutting-edge travel destination of choice in 2012. Investors aren’t far behind. An influx of visitors might bring the kind of dollars and attention that can help lift the South-east Asian country’s long-suffering people out of poverty. To
      AP  -  830 words


  • Page 24 Advertisements
    • 34 24 PLACE YOUR AD HERE The Business Times Shippiin g times CALL JOE WOIN IG AT 9620 1327 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? II
      34 words
    • 33 24 Experienced ship maintenance find y h ou y r services services wanted, here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES ML UUJINLJJ IIIVILJ Shipping Times
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  • SINGAPORE STOCKS
    • 2957 25 Transaction date: Sep 10 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 Company Last Sale Vol Day Last Quote ('000) High Low Buyer Seller 136.5 92.5 AIMSAMPIReit 136.5 +2.5 551
      2,957 words
    • 153 26 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 Net M Cap High Low Code Company Sale (‘000) High Low Buyer Seller C'vr
      153 words
    • 8118 26 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mat Pte Ltd APS Alpha Fund Cl A!** AXA Wealth Mgt S'pore Pte Ltd APS Alpha Fund (USD)!** Aberdeen Asset Mgt Asia Limited 0.95/ Aberdeen Asset Mat Asia Limited Asian Local "<fcy SD Bond 0.9761/ EM local Ccy
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    • 192 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 41.5 25.5 Genting HK US$ US33.5 +0.5 1936 33.5 32.5 32.5 33.5 2205.8 Vol 220 168 TanChongInt HK204 -1 87 204 204 204 209 4.3 3.4 6.8
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    • 955 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 114.4 ABF SG Bond ETF 121 +0.9 5 121 120.4 120.3 123 552.3 127.1 120.4 CIMB APAC Div 100S$D 127.1 123.6 124.8 103 95.8 CIMB
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  • FINANCE & COMMODITIES
    • 653 27 Sep 10 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8853.19 8874.54 8838.18 Sep12 8900.00 8935.00 8830.00 8865.00 *****0 *****8 Dec12 8845.00 8870.00 8770.00 8800.00 7040 ***** MSCI TAIWAN INDEX FUTURES SPOT 263.88 265.31 263.80 Sep12 263.40 265.00 262.80 264.50 ***** *****1 Oct12 263.10
      653 words
    • 373 27 In local curr In S$ In US$ dy yr dy yr dy yr Sep 7 Index Change Change Change Change Change Change World Preliminary 916.3 0.6 10.4 0.5 5.7 1.0 10.8 EAFE Preliminary 728.2 0.9 6.8 1.4 2.2 2.0 7.2 Europe Preliminary 1112.5 0.5 8.4
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    • 121 27 As on 7 September 2012 www.smx.com.sg www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL INDIA GOLD (E-GOLD) FUT OCT2012 577.85 561.90 577.75 619 GOLD FUT DEC2012 1739.00 1692.50 1740.80 95 CURRENCY EUR-USD FUT SEP2012 1.2807 1.2629 1.2795 2725 BASE METAL COPPER FUT DEC2012 8043
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    • 107 27 Sep 7 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 12 1731.75 1744.50 1747.50 1722.00 Nov 12 1736.50 1747.00 1752.00 1726.25 Jan 13 1735.75 1745.75 1751.25 1726.00 Mar 13 1680.75 1691.25 1689.50 1667.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Sep 12 56.07
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    • 70 27 CRUDE OIL PRODUCTS Sep 7 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 113.53 -0.96 WTI (Near Mth) 96.32 1.28 Dubai (1-Mth F) 110.90 -0.11 Tapis blend 116.69 -0.09 Minas 112.84 -0.09 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 108.94 0.16 Jet Kerosene 134.46 0.51 US$/barrel OpecOil Basket
      70 words
    • 24 27 Sep 10 S$ Bid Offer 1-month 1.2358 1.2361 2-months 1.2358 1.2361 3-months 1.2358 1.2361 6-months 1.2352 1.2357 Source: OCBC Source: OCBC
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    • 66 27 Sep 7 Sep 7 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2010.00 1966.50 3 months 2023.00 1975.00 Copper, Grade A(US$/tonne) Cash 7958.75 7693.25 3 months 7970.00 7701.00 Lead(US$/tonne) Cash 2081.75 2040.00 3 months 2095.00 2049.00 Nickel (US$/tonne) Cash *****.50 *****.75 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3
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    • 80 27 Sep 7 COCOA (£/tonne) Close Prev High/Low Sep 12 1704 1718 1726/1705 Dec 12 1716 1735 1745/1713 Mar 13 1706 1725 1735/1702 May 13 1711 1729 1735/1712 COFFEE(US$/tonne) Close Prev High/Low Sep 12 2049 2012 2054/2030 Nov 12 2049 2012 2060/2012 Jan 13 2061 2027 2072/2027 Mar 13 2074
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    • 1001 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 4 1 146 650 5.00 20 Conv Ratio Baker Technology Ltd W*****6 0.6 -0.1 501 1 32 54.17 2 Price Best World Intl Ltd W*****5 0.3 1 30
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    • 470 27 Sep 10 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.013 6.562 0.810 8.028 57.290 99.193 0.810 11.687 3.209 1.277 97.977 43.078 1.279 8.484 0.979 30.728 32.162 0.647 1.035 Canada 0.988 6.480
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    • 60 27 Sep 10 (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$) 3 mths 0.***** 0.***** 0.***** 9 mths SWAP Mid rates (S$) 12 mths 0.***** SWAP Mid rates
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    • 135 27 Sep 10 GOLD(US$/oz) Sep 07 Sep 10 Hong Kong 1703.20 1738.00 Sep Sep 06 Sep 07 London 1704.76 1736.59 1705.53 1737.53 Source: Thomson Reuters CAST BAR Sep 10 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 165 69 5gm 469 344 10gm 838
      135 words
    • 90 27 Sep 10 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****S 13-Dec-12 0.26 0.22 0.22 6-Month BS*****T 07-Mar-13 0.26 1-Year BY*****T 02-May-13 0.25 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-14 100.03 100.10 100.04 5-Year
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    • 57 27 Sep 10 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 12 2795.0 2809.0 2824.0 2785.0 290 2126 Oct 12 2852.0 2865.0 2885.0 2845.0 2009 ***** Nov 12 2901.0 2927.0 2947.0 2897.0 ***** ***** Dec 12 2941.0 2964.0
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    • 154 27 Sep 10 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2791 1.2797 1.0350 1.0353 Canadian dollar 1.2632 1.2636 1.0223 1.0222 Euro 1.5801 1.5807 1.2786 1.2788 NZ dollar 1.0012 1.0025 0.8102 0.8110 Sterling pound 1.9779 1.9787 1.6005 1.6008
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    • 123 27 As at 9am Sep 10 Sep 10 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.311 1.249 Can dollar 1.293 1.232 Euro 1.619 1.542 Sterling pound 2.016 1.939 NZ dollar 1.031 0.982 US dollar 1.254 1.206 Local dollars to 100 units
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    • 154 27 Sep 10 $S Offer Bid 0vernight 0.02 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.05 US$ 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 12
      154 words

  • PROPERTY
    • 1254 28 Trend comes amid warning full-blown housing recovery is still some time off Reuters [NEW YORK] From the outskirts of Las Vegas to the coast of California, stretches of undeveloped land in some of the most depressed housing markets in the United States are
      Reuters; AP  -  1,254 words
    • 427 28 Thai stock exchange imposes cash trading requirement Bloomberg [BANGKOK] Golden Land Property Development pcl, a Thai property developer, fell the most in almost four years in Bangkok after the exchange curbed trading of its shares and Univentures Pcl offered to buy the stock
      Bloomberg  -  427 words
    • 1142 28 NYT [CHENGDU, China] WITH more than 100 very tall cranes on the skyline, this large metropolis in Sichuan province looks vibrant at first glance, despite China’s sharp economic slowdown. But only a few cranes those that are building projects backed by the national
      NYT; KEITH BRADSHER/THE NEW YORK TIMES  -  1,142 words
    • 646 29  -  S’pore among cities recording strongest growth in housing prices in H1: survey By FELDA CHAY CITIES experiencing strong domestic demand for homes, such as Hong Kong, Moscow, London and Singapore, recorded the strongest growth in home prices in the first six months of
      646 words
    • 581 29 NYT [MADRID] Sheldon Adelson, an American billionaire casino magnate, is set to build a giant gambling and leisure resort on the outskirts of Madrid, ending a lengthy bidding battle between the Spanish capital and Barcelona, the country’s second-largest city. But the project, called EuroVegas,
      NYT; AP  -  581 words
    • 634 29 Steepest drop in 5 months adds to pressure for rate cut Bloomberg [SYDNEY] Australian home-loan approvals unexpectedly fell in July by the most in five months as the highest interest rates among major developed economies discouraged buyers from entering the market. The number of
      Bloomberg; BLOOMBERG FILE PHOTO  -  634 words
  • Page 28 Advertisements
    • 28 28 s y Qft S S°ratfo 3ST0REY SHOPHOUSE Check this out and many other properties in CATS Classified in The Straits Times now! >ad WATS BUY IT-SELL IT-FIND IT
      28 words
    • 53 28 INDUSTRIAL SALE LEASEBACK OPPORTUNITY FOR SALE i i Leasehold Located at Changi close proximity to Expo MRT Station GFA approx. 51,201 sq ft Excellent investment yield Expression Of Interest Contact: Appointed Sole Agent Tel: 6224 8181 Emile Reis (Mr) (CEA Reg. No.: R*****0H) 6 Battery Road #32-01 Singapore *****9 Agency
      53 words
    • 50 28 Australian Property Finance B2 Ind For Sale With Approved Dormitory Woodlands Bizhub Terrace Built- 6,100sq ft (3 Storey) Adjoining units available Please call or email: info@ga.sg Anna 9688-2282 (Agent Lie: R*****1B) KJ 9168-5000 (Agent Lie: R*****8J) Celia 9853-5999 (Agent Lie: P*****6D) Sole Marketing Agent G.A Realty Private Limited (LieNo: L*****19F)
      50 words

  • Page 29 Advertisements
    • 23 29 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATS NOTICES
      23 words
    • 149 29 THE OCTAGON Freehold Strata Office Floors in Prime CBD Two consecutive office floors for sale; Total strata area -12, 378 sq ft approx. Strata area each floor- 6,189 sq ft approx. 100m to upcoming Telok Ayer MRT (Downtown Line). Walking distance to Raffles Place and Tanjong Pagar MRT. Ideal for
      149 words
    • 130 29 Properly Sank Office and F&B for Immed Rent Heritage Building at Raffles Place Magnificent architectural facade Strategically located at the gateway to Raffles Place and Marina Bay Financial Centre From 2,493 sf to 20,000 sf (Office) From 756 sf (F&B) Email: ask@propertybank.com.sg or Call 6293 3308 for Open House details
      130 words
    • 195 29 Freehold Residential Site SHAN GATE APARTMENTS 2 SHAN ROAD City fringe residential precinct Land size: 1,700.6 sq m (18,305 sq ft approx.) MP2008: GPR of 2.8; Up to 36 storeys Good connectivity via PIE and GTE Near Zhongshan Park, hotels, offices and shopping Close proximity to Square 2, Novena Medical
      195 words

  • Page 30 Advertisements
    • 38 30 Tune in to Singapore’s first all new radio station in 20 years All the great songs in one place On Air 3 September kjCIMAs Li Share with us on: f www. f acebook. com kiss92f m @kiss92fm www.kiss92.sg
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