The Business Times, 6 December 2012
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2012-12-06
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The Business Times
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Title Section25 2012-12-06 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Thursday, December 6, 201225 words
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Article, Illustration770 2012-12-06 1 LYNN KAN - Skincare companies moving their research hubs here to tap the Asian market By LYNN KAN [SINGAPORE] Move over, blockbuster drugs you can’t hog the labs. Biopolis, home to the Agency for Science, Technology and Research (A*Star), is rolling out the welcome mat770 words
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MARKETS DIGEST
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Article65 2012-12-06 1 GST INDEX 3,075.92 (+13.80) GST INDEX FUTURES 3,068.00 (+14.00) GSIMSCI 350.03 (+1.74) GSIMSCI FUTURES 349.50 (+2.50) US$ S$ US$ (S$ per US$) 1.218 (US$/S$ per 1.611 1.962 EURO (US$/S$/€) 1.312 1.599 Foreign currency per US$ S$ YEN 82.20 67.50 RM 3.041 2.496 HK$ 7.750 6.362 BAHT 30.67 25.18 RUPIAH65 words
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Article47 2012-12-06 1 Wednesday Change KL COMP 1,613.79 +6.18 NIKKEI 225 9,468.84 +36.38 HANG SENG 22,270.91 +470.94 SET INDEX Closed JAKARTA COMP 4,286.84 +17.19 MANILA COMP 5,687.72 -18.56 SEOUL COMP 1,947.04 +11.86 SHENZHEN B 613.69 +10.68 MUMBAI IND 19,391.86 +43.74 11am EST Change DOW 12,932.92 -18.86 NASDAQ 2,962.24 -34.4547 words
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Article18 2012-12-06 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.410 TAIWAN 5 036 JAPAN 1.475 Source: Bloomberg18 words
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Article, Illustration812 2012-12-06 1 ZEINAB YUSUF SAIWALLA - By ZEINAB YUSUF SAIWALLA [SINGAPORE] The shabby and rambling Defu Industrial Estate is all set to be transformed into a gleaming, modern industrial park with five times the current factory space and a city centre by its side. The transformation will take place812 words
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Advertisement254 2012-12-06 1 PROPERTY RB Capital buys 16 retail units at The Quayside PAGE 33 COMMENTARY 10-point plan of tough love for Olam PAGE 4 ENTERPRISE 50 It’s ‘Oscars’ night for SMEs PAGES 22 23 SPECIAL FEATURE Time for Poland PAGES 12 13 WORLD TOUR Acclaimed architects Zaha Hadid and Wang Shu share254 words
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TOP STORIES
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Article541 2012-12-06 2 S’pore labs strike gold in the beauty business BIOPOLIS, home to A*Star, is rolling out the welcome mat for skincare and personal care companies. The newest corporate to sink in research dollars at A*Star is French beauty and haircare giant L’Oreal, which will start a research centre of541 words
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Article, Illustration731 2012-12-06 2 KENNETH LIM - Heineken didn’t see that one coming, says the Dutch brewer’s CEO By KENNETH LIM [SINGAPORE] Through a World War, the first man on the moon and countless other historic milestones, Asia-Pacific Breweries (APB) represented a successful 81-year marriage between Heineken International and Fraser and731 words
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Article, Illustration184 2012-12-06 2 THE performers are ready, all tickets have been sold or given out, and the curtain is set to rise on the ChildAid 2012 concert at the Grand Theatre of Marina Bay Sands on Dec 7 and 8. “The children have worked really hard for this184 words
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1506 2012-12-06 4 MICHAEL DEE - It needs to restore credibility and take definitive actions for a healthy future COMMENTARY By MICHAEL DEE [SINGAPORE] LAM S a n nouncement of a major financing package this week has been characterised as ranging from a “government bailout” to a “vote of1,506 words
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754 2012-12-06 4 GRACE LEONG - By GRACE LEONG [SINGAPORE] A minority shareholder of Treasure Resort Pte Ltd, which owns Movenpick Heritage Hotel Sentosa, has won a case to have 740,400 shares transferred to him plus legal costs after the High Court found an agreement to do so should have been754 words
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Article, Illustration447 2012-12-06 4 LYNN KAN - By LYNN KAN [SINGAPORE] Singapore is a key pit stop in South Korean cosmetics powerhouse AmorePacific’s campaign to break the stranglehold Western companies have on popular skincare and make-up brands, CEO Suh Kyung-Bae says. Singapore is AmorePacific’s Asia-Pacific headquarters for the company, which wants to447 words
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Article, Illustration687 2012-12-06 4 Reuters [HONG KONG] A group linked to Thailand’s richest man, Dhanin Chearavanont, has bought global bank HSBC’s entire stake in China’s Ping An Insurance for US$9.38 billion, with China Development Bank backing Asia’s second-larg-est deal this year. HSBC said yesterdayReuters; PHOTO: REUTERS - 687 words
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Article46 2012-12-06 4 ALLIANCE Select Foods International has pointed out certain inaccuracies in “Alliance plans Catalist listing” (BT, Nov 27). The facts should be: the company can issue a little more than 400 million underlying shares to support its Singapore Depository Shares. We are sorry for the errors.46 words
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Advertisement50 2012-12-06 2 cloude bernord suuiss made watches m m Tundcss r Irc<ts(ire^ r Tr''listed Available at TANGS Orchard (Level 3), TANGS VivoCity (Level 1), Robinsons The Centrepoint (Level 3), OG Orchard Point (Level 1) and authorised watch retailers. Distributor CRYSTAL TIME (S) PTE LTD Tel: 6747 8888 Website: www.crystaltime.com.sg Claude Bernard Singapore50 words
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Advertisement378 2012-12-06 2 www.pwc.com/sg The Science of Compliance A practical workshop on Employee Remuneration Reporting (Forms 8E and IR21) n < pwc The importance of accurate and timely employee compensation reporting is becoming increasingly critical for employers in light of the IRAS’ continued focus on full compliance. A number of important updates have378 words
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Advertisement111 2012-12-06 3 Ml, AUTO DOOR 'JOF VEGETABLE f REE2ER pH°?i£ K «noooo« sec p, ws3S6C CLEANING mm ....envy THE NEW HITACHI INTELLIGENT FRIDGES. Envious? Hitachi made it all possible with its new Made in Japan elite line of fridges. Now bigger in capacity and energy-saving, the improved Hitachi's Original Vacuum Compartment intelligently111 words
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Advertisement138 2012-12-06 4 Legend of the Seas 2012 /2013 2N MALACCA CRUISE Dep Date Feb 06 Mar 23 Port-of-call: Singapore, Malacca 3N BEST OF MALAYSIA CRUISE Dep Date Dec 14 26 Port-of-call: Singapore, Penang, Malacca Dep Date Feb 22 Mar 01,08 29 Port-of-call: Singapore, Penang, Port Klang imtf* 4N ISLES OF SOUTHEAST ASIA138 words
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COMPANY NEWS
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447 2012-12-06 5 LEE MEIXIAN - Yoma Strategic was the month’s highest small-cap gainer, says SGX By LEE MEIXIAN THE FTSE ST Small Cap Index rose 0.64 per cent in November to end at 490.01, taking its 11-month gain to 22.87 per cent, said Singapore Exchange yesterday.447 words
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547 2012-12-06 5 CAI HAOXIANG - Hasta la vista, baby I’ll be back, says Asiasons WFG Financial services firm partners Terminator producer to invest in Hollywood scripts By CAI HAOXIANG BOTH seeking a fresh lease of life, Singapore mainboard-listed Asiasons WFG Financial (AWFG) and former Hollywood producer Mario Kassar have teamed up to start a media547 words
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Article, Illustration509 2012-12-06 5 MINDY TAN - Offer at $1.80 a share, against last done price of $1.205 By MINDY TAN SC Global Developments’ chairman and chief executive Simon Cheong is making a voluntary unconditional cash offer to take the company private at $1.80 a share, valuing the real509 words
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Article, Illustration425 2012-12-06 7 SAMUEL EE - It plans restructuring exercise to restore pride and regain public confidence By SAMUEL EE SMRT’s focus on profit is one of the many factors why the transport operator has been facing problems, according to its CEO Desmond Kuek. Mr Kuek revealed thisFILE PHOTO - 425 words
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Article, Illustration824 2012-12-06 7 Bloomberg [SYDNEY] Singapore Airlines could revisit plans for China or India investments after adding to aviation’s biggest cash pile through the possible sale of a stake in Virgin Atlantic. The carrier has US$3.4 billion of net cash, according to data compiledBloomberg - 824 words
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Article, Illustration300 2012-12-06 8 TEO SI JIA - By TEO SI JIA THE divide between banks and broking firms is set to narrow where DBS Bank is concerned when it offers both services through a common channel to customers next year. With the new service, customers will be able to consult300 words
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514 2012-12-06 8 ONG CHOR HAO - But shareholders vote to increase size of board to nine, from five members By ONG CHOR HAO THE current board at Macquarie International Infrastructure Fund (MIIF) has fended off a move by a group of shareholders that wanted to add three of514 words
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443 2012-12-06 8 CARINE LEE - By CARINE LEE SINGAPORE remains one of the top countries with the lowest perceived corruption, according to Transparency International’s 2012 Corruption Perceptions Index (CPI) under an updated methodology. The Republic ranked fifth of 176 countries with a score of 87 out of 100.443 words
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COMPANY BRIEFS
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55 2012-12-06 8 NOBLE Group, through a wholly owned subsidiary, has bought a 49 per cent stake in Triumph Alliance Pte Ltd (TA) for US$40 million. TA is a 100 per cent shareholder in a Russian company that has permission to construct a coal export terminal55 words
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51 2012-12-06 8 CATALIST-LISTED Sysma Holdings Ltd has offered to acquire De Paradiso Development Pte Ltd for $35 million. De Paradiso is an investment holding company which owns two plots of land in Serangoon. Sysma intends to obtain ownership of the two sites through the51 words
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31 2012-12-06 8 KEPPEL Reit’s Ocean Properties LLP has obtained a $505 million five-year term loan facility, mainly to refinance its outstanding loans maturing on Dec 31, 2012.31 words
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Advertisement190 2012-12-06 5 I BMW Service V cw4 www.bmwasia.com/ aftersales Sheer Driving Pleasure f A m 3S enes i THE MOST IMPORTANT MATTER IN BMW SERVICE: YOUR PEACE OF MIND. It takes expert training, exacting standards and an exceptional technical ability to precisely service your BMW. That’s why there is only one option190 words
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SINGAPORE MARKETS
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Article, Illustration513 2012-12-06 6 TEH SHI NING - Stock dives as much as 6.9 per cent; ST Index rises 13.8 points on China’s growth signals STOCKS TEH SHI NING Correspondent AS ASIAN markets rose yesterday on the back of China’s signals of policy support for stable growth next year, the Straits Times IndexSource: Bloomberg - 513 words
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Article72 2012-12-06 6 Dec 5 VALUE CLOSE BT OB/OS 379.00 +59.00 BT CADI -*****.00 +68.00 BT 10-day MA -*****.00 +38.00 FTSE ST Mid Cap 747.90 +0.06 FTSE ST Small Cap 493.00 +2.26 FTSE ST All Share 752.28 +2.81 FTSE ST China Top 200.32 +0.71 FTSE ST China 222.64 +0.63 FTSE72 words
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Article59 2012-12-06 6 VOLUME YHM 473,802,000 Geo Energy 112,195,000 WE Hldgs 110,082,000 IPCO Intl 79,195,000 Olam 72,290,000 HLH Grp 68,976,000 GSH Corp 68,050,000 Golden Agri 59,844,000 Genting SP 43,836,000 MDR 36,053,000 VALUE($) Olam 110,671,815 SingTel 95,403,140 UOB 58,785,070 Genting SP 54,385,803 DBS Grp 50,851,992 Geo Energy 50,505,625 CapitaLand 43,488,463 Keppel59 words
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Article186 2012-12-06 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 3 4 0 0 0 9 3 4 Manufacturing 54 51 42 7 4 10 61 55 52 Commerce 25 16 13 2 6 2 27 22 15 Tpt/Stor/Comms 25 10 5186 words
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Article978 2012-12-06 6 KENNETH LIM - Compiled by KENNETH LIM Banking Sector Phillip Securities Research, Dec 5 Q3 2012 results were broadly within our expectations, excluding one-off gains and DBS’ lower loans provision. While the macroeconomic environment remains uncertain, net interest margins (NIMs) remain under pressure and loan growth remains slow, the banks continue978 words
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Article123 2012-12-06 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 26,419 26,419 91,798 91,798 Manufacturing 279,985 90,548 370,533 187,387 1,071 188,458 Commerce 267,471 120,819 388,290 204,021 5,201 209,222 Tpt/Stor/Comms 116,685 17,055 133,740 190,325 5,176 195,501 Finance 28,446 474 28,920 154,253 188 154,442 Construction 185,671 475,157123 words
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Article113 2012-12-06 6 Stock name Close Change CapMallsAsia 1.940 -0.020 CapitaLand 3.590 +0.060 CapitaMall 2.050 CityDev 11.870 +0.210 ComfortDelGro 1.725 +0.035 DBS Grp 14.570 +0.110 F&N 9.440 +0.030 GLP 2.780 +0.030 Genting SP 1.235 +0.005 Golden Agri 0.645 -0.010 HK Land 6.430 +0.010 IHH Healthcare 1.295 -0.005 JMH 60.000113 words
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Article, Illustration465 2012-12-06 6 CURRENCIES Bloomberg [LONDON] The yen yesterday dropped to a seven-month low against the euro as the prospect of more stimulus measures from the Bank of Japan (BOJ) and gains in stocks reduced demand for the nation’s currency. The yen weakened against all except oneBloomberg; PHOTO: BLOOMBERG - 465 words
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Article113 2012-12-06 6 BY CENTS CLOSE UP SPDRS S&P 500 10US$ ***** 367.8 2.2 DBXT CSI300 10US$ 730 60.9 7.4 DBXT MSCHINA 10US$ 1196 40.2 2.8 JSH 3542 37.8 0.9 Lyxor China H 10US$ 1415 36.5 2.2 UOB 1927 36.0 1.9 DBXT FTVietnam 10US$ 1974 29.2 1.2 CityDev 1187 21.0 1.8 BMT113 words
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Article132 2012-12-06 6 BY CENTS CLOSE DOWN YHS 300 -27.0 -8.3 Yeo HS 1 301 -23.0 -7.1 DBS Bk 4.7% NCPS 100 ***** -20.0 -0.2 Hyflux 6% CPS 10 ***** -20.0 -0.2 Olam.ES.1212 151.5 -15.5 -9.3 OCBC Bk 4.5%NCPS 100 ***** -15.0 -0.1 DBXT S&P Short 10US$ 3542 -14.6 -0.3 OCBC Bk132 words
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Advertisement63 2012-12-06 7 Move over, Rene Redzepi. Magnus Nilsson is stepping up to the plate as the chef of Faviken, the hottest restaurant in the world right now that’s an adventure to get to as it is to eat at. Meet the two poster boys of New Nordic Cuisine in Te Business Times’63 words
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Advertisement139 2012-12-06 7 so%* 2/ia item 1st item Conditions apply V 6281 5688 or 6757 4403 ip www.gnc.com.sg 'V CONGRATULATIONS TO BLPL SINGAPORE ON THE ACHIEVEMENT OF ENTERPRISE 50 AWARD i IIBLPL KZX BLPL Singapore owns and operates a growing container fleet of ***** TEU's including temperature controlled containers and Special Equipments for139 words
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Advertisement130 2012-12-06 8 V > y S' ri a|i. r g m**! s 'o S». k t HP Swr :$5*/ -y E? If I 'j' yy r. r<m fM ft OR X. ■>ir# /fe A? yy 4 EXPECTING MORE ROOM. If you are expecting to start a family, log on to stproperty.sg now.130 words
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Advertisement133 2012-12-06 9 THE GREEN COLLECTION GOLF VILLAS BY ELEVATION ONE OF THE WORLD'S FINEST ADDRESSES IS NOW AVAILABLE FOR LEASE ‘A V SI AN UNPRECEDENTED LANDMARK OF PRESTIGE AND SOPHISTICATION The Green Collection is the only residential development in Singapore situated on the fringes of an international championship golf course. An exclusive133 words
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SINGAPORE NEWS
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Article, Illustration552 2012-12-06 10 ANDREA SOH - Group also on track to completing its emulsifier plant in JB by middle of 2013 By ANDREA SOH PRODUCER of food emulsifiers and stabilisers Palsgaard A/S plans to expand its regional application centre in Singapore, and has a pilot plant for margarine552 words
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392 2012-12-06 10 CHNG SZE NING - SingHealth to provide manpower, infrastructure By CHNG SZE NING SIRTEX Medical Limited, a biotech company publicly listed in Australia, has signed a master agreement with SingHealth to explore the potential of a new technology to deal with hard-to-treat cancers. Carbon cage nanoparticles are392 words
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Article, Illustration326 2012-12-06 10 MEMBER of Parliament Foo Mee Har yesterday announced her resignation from her senior post at Standard Chartered Bank to devote more time to her Ayer Rajah constituency, among other things. Her last day as the global head for priority326 words
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341 2012-12-06 10 SAMUEL EE - By SAMUEL EE COE premiums for small cars and goods vehicles continued to scale new heights, boosted by year-end sales targets for small cars, and strong orders in the case of goods vehicles, said some motor distributors. A certificate of entitlement in Category341 words
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303 2012-12-06 10 TEO SI JIA - By TEO SI JIA INSEAD-SINGAPORE and the National University of Singapore (NUS) Business School have taken first and third places in a ranking of 36 business schools in the Asia-Pacific. The QS Global 200 Business School 2012/2013, in putting Insead-Singapore in top place again,303 words
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370 2012-12-06 10 CHNG SZE NING - By CHNG SZE NING MOBILE technology has improved workplace productivity among Singaporeans but it is also eating into their leisure time, a workplace survey by Kelly Services has found. The latest Kelly Global Workforce Index (KGWI) looks into the growth of this highly virtual370 words
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SINGAPORE ROUNDUP
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91 2012-12-06 10 JTC Corporation has awarded the tender for a 30-year leasehold industrial plot on Serangoon North Avenue 5 to Popular Warehouse and Distribution Pte Ltd. Its bid of $26.999 million was the highest in a tender which closed on Nov 23. The winning bid91 words
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Article102 2012-12-06 10 THE Singapore National Employers Federation (SNEF) has issued an advisory to employers in the wake of the illegal strike organised by a group of SMRT bus drivers. In the advisory, SNEF urges employers to review their grievance handling procedures to ensure that they remain practical102 words
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83 2012-12-06 10 A NATIONAL competency framework focusing on training employees in the landscaping and horticulture sector to work safely at heights has been piloted. The programme, designed for workers, supervisors, assessors and managers, is expected to be launched early next year. This was announced83 words
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MALAYSIA/INDONESIA
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610 2012-12-06 11 PAULINE NG - It’ll be a tenant’s market as net lettable area exceeds demand By PAULINE NG in Kuala Lumpur LANDLORDS in the Klang Valley are in for a rough ride next year in the business of filling their buildings with tenants. It has been610 words
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459 2012-12-06 11 Conservation project to reward investors with carbon credits Reuters [SINGAPORE] Indonesia yesterday approved a rainforest conservation project that sets aside an area roughly the size of Singapore and rewards investors with tradeable carbon credits in the first of its kind toReuters - 459 words
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406 2012-12-06 11 Reuters [JAKARTA] Indonesia’s central bank has imposed higher capital adequacy ratio (CAR) for some commercial banks, in its latest policy effort to increase the stability of the financial system in South-east Asia’s largest economy. The new rule, issued on Nov 28 andReuters - 406 words
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Advertisement434 2012-12-06 11 a i? Simmons ■g& *v f-m S^c \3 J Simmons Thanks Our Loyal Customers Ik Simmons® Bockcare® mattress we bought f m IW hod given os m years of blissful and comfortable sleep and rest the structure and materials bad maintained their shape and form throughout the years without compromising434 words
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TIME FOR POLAND
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Article, Illustration1068 2012-12-06 12 VINCENT WEE - Poland continues to outpace most euro area countries as well as its Central European peers. Reports by VINCENT WEE AMID the troubles in Europe this year, Poland stands out as a shining light for investment as investors are attracted by its stability and favourable economic policies.PHOTOS: BLOOMBERG, MARIUSZ CIESZEWSKI / WWW.FOTCOM - 1,068 words
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Article, Illustration980 2012-12-06 12 ALREADY a beautiful country and a highly attractive tourist destination, Poland received an added boost this year from co-hosting the Euro 2012 finals. In the lead-up to the soccer event, the numerous infrastructure development projects and the boost of energy and new ideas that Poland hasPHOTOS: EMBASSY OF POLAND, MARIUSZ CIESZEWSKI / WWW.FOTCOM - 980 words
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Article277 2012-12-06 12 Tay Lim Heng - Tay Lim Heng CEO of Keppel Integrated Engineering (KIE) “WITH strong fundamentals that undergird the Polish waste infrastructure industry, we are pleased to have made inroads in Poland. Keppel Seghers is part of a consortium that recently secured a contract for a waste-to-energy (WTE) combined heat277 words
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Article, Illustration666 2012-12-06 13 VINCENT WEE - Economic ties have been expanding since Poland and Singapore established formal diplomatic relations 43 years ago. Reports by VINCENT WEE RELATIONS between Singapore and Poland were further strengthened last month with the visit of Polish Prime Minister Donald Tusk to Singapore. Mr Tusk’s two-day visitPHOTOS: THE STRAITS TIMES, BLOOMBERG - 666 words
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Article, Illustration1418 2012-12-06 13 Interview with Polish ambassador to Singapore Waldemar Dubaniowski Q: Poland-Singapore relations are growing ever stronger, with the recent visit of the Polish Prime Minister and the signing of some agreements. What is your assessment of ties between the two countries?PHOTOS: EMBASSY OF POLAND - 1,418 words
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GREATER CHINA/INDIA
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Article, Illustration606 2012-12-06 14 Forecast contingent on euro crisis not worsening and US avoiding fiscal cliff Reuters [BEIJING] China’s economic growth may quicken to 8.2 per cent in 2013 from an expected 7.7 per cent this year in response to official growth-promoting policies, but downsideReuters; PHOTO: REUTERS - 606 words
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242 2012-12-06 14 Reuters [NEW DELHI] India’s Supreme Court yesterday gave the Sahara conglomerate more time to repay billions of dollars it had raised from investors through bond sales that were later ruled to be illegal. The court ordered Sahara to initially deposit 51.2 billion rupeesReuters - 242 words
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301 2012-12-06 14 PMI in November falls to 52.1 from 53.8 a month before Bloomberg [NEW DELHI] India’s service industries expanded at the slowest pace in 13 months in November, a private survey showed, signalling demand remains subdued as Asia’s third largest economy struggles. TheBloomberg - 301 words
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502 2012-12-06 14 Bloomberg [NEW YORK]Bank of East Asia, Hong Kong’s largest family-run bank, agreed to sell new stock to Sumitomo Mitsui Banking Corp, raising HK$3.3 billion (S$518.8 million) to bolster its capital as it seeks to expand in mainland China. Sumitomo Mitsui,Bloomberg - 502 words
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Article, Illustration529 2012-12-06 14 AFP [NEW DELHI] India’s minority government survived a vote in parliament yesterday on a contentious move to allow in foreign supermarket chains, delivering a major boost to its pro-market reform agenda. After two days of stormy debate, lawmakers in theAFP; PHOTO: REUTERS - 529 words
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Advertisement62 2012-12-06 14 www.itshow.com.sg Join us at #1 LARGEST I.T, DIGITAL, MOBILE, CONSUMER ELECTRONICS EXHIBITION IN SINGAPORE COMING SOON! 7th 10th MARCH 2013 MARINA BAY SANDS SINGAPORE EXCLUSIVE SHOW OFFERS, NEW PRODUCTS, GREAT BARGAINSAND HUGE SAVINGS FOR PERSONAL, BUSINESS OR HOME Organised By: (ORGANISER OF IT SHOW, FOOD BEVERAGE FAIR, COMEX AND WORLD62 words
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Advertisement27 2012-12-06 14 NOWAVAILABLEONiPAD ANDROID TAKE A LOOK AT LIFE ON TOP ON 6>5) ,/2 24./ 2,(( 73&) ,/2 2,., 4-++ :%395) =8><9>;*****$#%>!93*#"% TAKE A LOOK AT LIFE ON TOP27 words
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ECONOMY WATCH
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Article, Illustration638 2012-12-06 15 Lower export revenues, peaking mining boom spell tougher times ahead Reuters [SYDNEY] Australia’s economy grew at the slowest pace in a year-and-a-half last quarter as government cutbacks offset a burst of business investment, while lower export revenues and a cresting mining boom point toReuters; PHOTO: 26338486 - 638 words
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337 2012-12-06 15 Reuters [DUBLIN] The Irish government tested the public’s patience and the economy’s resilience yesterday when it unveiled a 3.5 billion euro (S$5.6 billion) dose of austerity in its sixth budget since the financial crisis began. Bailed-out Ireland has made a limitedReuters - 337 words
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482 2012-12-06 15 WP [WASHINGTON] A bipartisan group of governors converged on Washington on Tuesday to urge President Barack Obama and congressional leaders to act quickly to avert the “fiscal cliff”, warning that the series of budget cuts and tax increases set to take effectWP - 482 words
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Advertisement214 2012-12-06 15 MenSHealth Singapore URMimmON 2QW SIGN UP AT MENSHEALTH.COM.SG TOUCHER THAN EVER 9 URBAN OBSTACLES, 14KM ROUTE MAR 3,2013 [SUN] TAM NICOLL HIGHWAY F= usn* 1 m A l foSICNOP V NOW A SINGAPORE'S ORIGINAL URBAN OBSTACLE RACE IS BACK WITH NEW CHALLENGES AND OBSTACLES! EARLY BIRD SPECIAL: AT ONLY $98!214 words
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Advertisement217 2012-12-06 16 / 17 www.vw. com. sg Additional 9©ver CEVS rebates of op nrnent Fuel efficient TSI and now TDI Clean Diesel engines, mean lower CO2 emissions and great rebates. In addition to our current amazing offers, from 1st January 2013 there will be substantial government CEVS (Carbon Emissions-based Vehicle Scheme) rebates on cars217 words
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WORLD
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Article, Illustration678 2012-12-06 18 Critics say Jay Lee, currently COO and president, lacks his father’s charisma Reuters [SEOUL] Samsung Electronics Co pushed the anointed heir of the company chairman closer to the top job yesterday as it cemented a global lead in smartphones with a stock priceReuters; PHOTO: BLOOMBERG - 678 words
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Article, Illustration656 2012-12-06 18 Shoppers from China a rarity after island dispute boils over AFP [TOKYO] The sound of Man-darin-speaking tourists and the cash tills they set ringing have become rare in Tokyo’s upmarket Ginza district, retailers say, since a flare-up in an island row between China and Japan.AFP; PHOTO: AFP - 656 words
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380 2012-12-06 18 Bloomberg [FRANKFURT] Deutsche Bank AG took in US$1 billion from Japanese investors for a new infrastructure fund, as its asset-man-agement unit sought to provide clients with access to bigger returns and reverse an outflow of capital. The bank’s RREEF division in ChicagoBloomberg - 380 words
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Article381 2012-12-06 18 Reuters [LONDON] Greek hospitals are in such dire straits that staff are failing to keep up basic disease controls like using gloves and gowns, threatening a rise in multi-drug-re-sistant infections, according to Europe’s top health official. Greece already has one of the worst problems inReuters - 381 words
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258 2012-12-06 18 NYT [NEW YORK] The boats of the Maid of the Mist, the longtime tour operator in Niagara Falls that was threatened with closing, will continue to ply the waters of the Niagara Gorge under an agreement announced on Tuesday by New York GovernorNYT - 258 words
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Article, Illustration706 2012-12-06 20 Firms show little urgency to ramp up hiring, relying on existing workers LATEST US DATA Routers [WASHINGTON] US nonfarm productivity increased at a much faster clip than initially thought in the third quarter as businesses held the line on hiring even as outputRouters; PHOTO: BLOOMBERG - 706 words
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603 2012-12-06 20 RONNIE LIM - By RONNIE LIM [SINGAPORE] Shell expects to announce in the next few months more chemical investments in Singapore to capitalise on the capacity expansion of its Pulau Bukom petrochemicals cracker, Shell Chemicals’ executive vice-president Ben van Beurden disclosed yesterday. He said this during a603 words
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Article, Illustration394 2012-12-06 20 Bloomberg [LONDON] Tesco Plc, the UK’s largest grocery company, said that it will likely leave the US after announcing a review of its Fresh Easy unit in the country and the departure of the unprofitable business’s head. All options are being consideredBloomberg; PHOTO: REUTERS - 394 words
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559 2012-12-06 20 NEIL BEHRMANN - It’ll take longer to cut borrowings, budget deficit: chancellor By NEIL BEHRMANN in London THE British economy is expected to experience slack growth and austerity that could last until 2018 three years longer than previously forecast. British Chancellor of the Exchequer559 words
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Advertisement29 2012-12-06 18 Kitchen Queens Three Indians make a mark on the international culinary scene Blindness no bar for Miriam Batliwala GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST29 words
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Advertisement19 2012-12-06 18 pec^^oWl AfterHours 444 m °oels°° k0789 89?8!<>6?8?-, -8 STluJ WEDQ JSe*j eaS>‘°* ,G °00 ROUND OF 'a^Sa] »> After Hours19 words
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Page 19 Advertisements
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Advertisement402 2012-12-06 19 *WRAP UP THE YEAR to g> ANl I THEGIFT OF CHRISTMAS. 16 November to 25 December 2012 Not just a season of gift giving, but a celebration of fine taste and great music to wrap up the year in style. .Citibank CITIBANK PARAGON WORLD MASTERCARD EXCLUSIVE Citibank Paragon WORLD MasterCard402 words
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Page 20 Advertisements
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Advertisement811 2012-12-06 20 >a£ WATS NOTICES INTRACO LIMITED (Co. Reg. No. *****0526Z) (Incorporated in the Republic of Singapore) LOST CERTIFICATE Application has been made to the Directors of the abovenamed Company to issue duplicate certificate in place of the following certificate which has been reported lost or destroyed:Certificate No. Name No. of Shares811 words
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Page 21 Advertisements
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Advertisement4291 2012-12-06 21 VOLUNTARY CONDITIONAL CASH OFFER by CIMB BANK BERHAD(*****-P) Singapore Branch (Incorporated in Malaysia) for and on behalf of DRAGON HARBOUR VENTURES LIMITED (Incorporated in the British Virgin Islands) (Company Registration No. *****40) to acquire all the issued and paid-up ordinary shares in the capital of CHINA FARM EQUIPMENT LIMITED (Incorporated4,291 words
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ENTERPRISE 50
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Article, Illustration786 2012-12-06 22 FELDA CHAY - By FELDA CHAY IT didn’t matter that this year’s Enterprise 50 (E50) awards were held off the mainland in Sentosa; winners both past and present their employees, family members and other guests turned up in full force to partake in the celebration. Kickstarting the dayPhotos by JOHN HENG - 786 words
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EDITORIAL & OPINION
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490 2012-12-06 24 EDITORIAL SINGAPORE’S latest workforce report is notable on several counts: Employment has hit a new high, with close to 79 per cent of residents in the 25-to-64 age group holding a job. Hiring of women and older men, in particular, has risen strongly490 words
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Article, Illustration839 2012-12-06 24 ANTHONY ROWLEY - THE BOTTOM LINE ANTHONY ROWLEY Tokyo Correspondent IRONICALLY, Japan may be joining the currency depreciation game just when the game is about over. Yen weakening is an undeclared aim of Liberal Democratic Party (LDP) head Shinzo Abe’s proposed war839 words
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Article, Illustration1144 2012-12-06 24 MARK BILLINGTON - Quality-endorsed mentoring programmes can improve performance in a leadership role By MARK BILLINGTON The writer is regional director of the Institute of Chartered Accountants in England and Wales in South East Asia SINGAPORE is fast becoming a leading global finance hub. ByPHOTO: ALPHONSUS CHERN/ THE STRAITS TIMES - 1,144 words
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Article, Illustration1663 2012-12-06 25 MAK YUEN TEEN - Besides fair value accounting, there are other issues which it will need to focus its attention on to regain investor trust By MAK YUEN TEEN The writer is an associate professor of accounting at the NUS Business School where he specialises in corporate governancePHOTO: NURIA LING/THE STRAITS TIMES - 1,663 words
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Article, Illustration634 2012-12-06 25 ANANDH R HARIDH - By ANANDH R HARIDH The writer is chief investment officer at PT Bakrie Brothers, Jakarta A 23-YEAR-OLD company employing 18,000 people in 65 countries, built painstakingly by entrepreneurs and later generations of staff often living in remote locations, moving essential634 words
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SHIPPING/AVIATION
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636 2012-12-06 26 They face court action and fines from the EC for failing to honour scheme’s obligations AFP [BRUSSELS] European Union (EU) nations on Tuesday missed a key deadline in a decade-long drive for a safer, cheaper, more climate-friendly “single” European sky, triggering warnings by Brussels ofAFP - 636 words
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Article, Illustration447 2012-12-06 26 Bloomberg [SEATTLE] Boeing’s new 787 Dreamliners must be inspected after fuel leaks on two planes were traced to manufacturing errors, the US Federal Aviation Administration (FAA) said yesterday. The airworthiness directive, the first for the 787 since it entered service lastBloomberg; PHOTO: REUTERS - 447 words
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Article251 2012-12-06 26 SGX '000 Dec 5 S$ +/-Vol CH Offshore 0.46 0.01 123 Chuan Hup Hldg 0.25 0.01 124 Cosco Corp 0.88 0.02 5756 Dec 5 Ezra Hldgs 1.07 0.02 5367 First Ship Lea 0.12 unch 81 Freight Links 0.07 unch 2008 Grand Banks unch unch 0 Jaya Hold Ltd251 words
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458 2012-12-06 26 Reuters [LOS ANGELES] Striking harbour clerks reached a tentative deal with management at the ports of Los Angeles and Long Beach on Tuesday night, settling an eight-day labour clash that had idled most of America’s biggest cargo-shipping complex. The strike cost southern CaliforniaReuters - 458 words
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324 2012-12-06 26 Bloomberg [LONDON] British Airways (BA) says it is seeking voluntary departures among 2,338 senior cabin crew based at London’s Heathrow airport to address “an imbalance” in numbers. Applicants are being sought among pursers working in the carrier’s global fleet, known asBloomberg - 324 words
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255 2012-12-06 26 AFP [GENEVA] International shipping volumes gained 4.0 per cent in 2011 to a record 8.7 billion tonnes even as prices fell sharply owing to surplus capacity, a United Nations think tank said on Tuesday. Despite increasing demand, “world ship supply capacity expandedAFP - 255 words
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1892 2012-12-06 27 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 Destination1,892 words
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Page 26 Advertisements
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Advertisement34 2012-12-06 26 KISS92P AH the great songs in one place 9 c*hk KIS592 I r ~:"rCATCH THE NISSAN KISS 92 KISS MOBILE TUNE IN TO KISS 92 TO FIND OUT WHERE WE’LL BE! kiss92.sg facebook.com/kiss92fm @kiss92fm34 words
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Page 26 Miscellaneous
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Miscellaneous286 2012-12-06 26 CRYPTIC CROSSWORD Across 1 Demonstrator caught in a short fall of rain? (6) 9 Strait-laced teacher first’s scarf (4-6) 10 Beast you’ll remove without question (10) 11 Swimmer with a tailpiece (4) 12 Buzz following check, initially, and mate (4) 14 Lasting impression conveyed by grafter ‘I’m a genius!’ (5-5)286 words
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Page 27 Advertisements
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Advertisement34 2012-12-06 27 PLACE YOUR AD HERE The Business Times Shippii G TIMES CALL JOE WO IG 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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Advertisement31 2012-12-06 27 Experienced sh/p maintenance find you y r I services services wanted. here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 the Business times MIL IIIVILJ Shipping Times31 words
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SINGAPORE STOCKS
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Article2843 2012-12-06 28 Transaction date: Dec 5 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale Vol Day Last Quote (’000) High Low Buyer Seller 149.5 92.5 AIMSAMPIReit 141.5 -0.5 489 142 1412,843 words
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Article177 2012-12-06 29 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last 4.6 1.3 t Advanced System 1.5 unch 5365 1.5 1.4 1.4 1.5 22.3 Vol ('000) Day High Last Quote Low Buyer Seller177 words
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Article8439 2012-12-06 29 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** AXA Wealth Mgt S'pore Pte Ltd APS Alpha Fund (USD)!** Aberdeen Asset Mgt Asia Limited AXA Wealth Mat S'pore Pte Ltd Aberdeen Asset Mgt Asia Limited Asian Local dcy SD Bond 0.9829/ EM Local Ccy8,439 words
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Article206 2012-12-06 29 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 39.5 25.5 AVJennings A32 +1.5 24 32 31 31.5 33 3.6 10.9 2.6 83.3 41.5 26 Genting HK US$ US31.5 -0.5 2748 32 31.5 31.5 32 2074.1206 words
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Article910 2012-12-06 29 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Last 128.9 120.4 CIMB APAC Div 100S$D 125 127.5 128.4 105.5 95.8 CIMB APAC Div 100US$ US104 104.4 105.2 10.9 1323 1246 CIMBASEAN40 100S$D 1290 -1910 words
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FINANCE & COMMODITIES
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Article620 2012-12-06 30 Dec 5 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 9380.37 9515.86 9376.97 Dec12 9435.00 9520.00 9380.00 9475.00 ***** *****8 Mar13 9415.00 9505.00 9370.00 9460.00 6355 ***** MSCI TAIWAN INDEX FUTURES SPOT 272.74 276.01 272.46 Dec12 274.10 276.70 273.00 275.80 ***** *****1 Jan13 273.00620 words
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373 2012-12-06 30 In local curr In S$ In US$ dy yr dy yr dy yr Dec 4 Index Change Change Change Change Change Change World Preliminary 918.8 -0.1 10.7 -0.1 4.3 0.0 11.1 EAFE Preliminary 751.6 -0.1 10.2 0.0 4.1 0.2 10.8 Europe Preliminary 1135.0 0.0 10.6373 words
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Article, Illustration94 2012-12-06 30 As on 4 December 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PRECIOUS METAL GOLD FUT FEB2013 1715.70 1693.70 1696.10 INDIA GOLD (E-GOLD) FUT FEB2013 573.90 567.45 571.45 CURRENCY EUR-USD FUT DEC2012 1.3105 1.3049 1.3093 BASE METAL COPPER FUT MAR2013 8070 8017 8062 INDEX IRON ORE (MBIO) IDX94 words
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Article107 2012-12-06 30 Dec 4 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 13 1455.50 1453.75 1461.00 1436.00 Mar 13 1450.25 1448.25 1455.25 1430.00 May 13 1428.00 1427.00 1432.50 1407.50 Jul 13 1416.75 1416.75 1420.75 1396.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 12 49.74107 words
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Article70 2012-12-06 30 CRUDE OIL PRODUCTS Dec 04 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 109.04 -2.35 WTI (Near Mth) 88.4 -0.58 Dubai (1-Mth F) 106.55 -0.63 Tapis blend 115.91 -0.31 Minas 109.19 -0.31 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.17 -0.72 Jet Kerosene 126.15 -0.6 US$/barrel OpecOil Basket70 words
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Article24 2012-12-06 30 Dec 5 S$ Bid Offer 1-month 1.2179 1.2184 2-months 1.2179 1.2184 3-months 1.2178 1.2184 6-months 1.2178 1.2185 Source: OCBC Source: OCBC24 words
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Article64 2012-12-06 30 Dec 4 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2092.50 2118.00 3 months 2094.00 2120.00 Copper, Grade A(US$/tonne) Cash 8011.00 7987.25 3 months 8032.00 8005.00 Lead(US$/tonne) Cash 2221.25 2259.00 3 months 2231.50 2256.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months *****.0064 words
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Article80 2012-12-06 30 Dec 4 COCOA (£/tonne) Close Prev High/Low Dec 12 1592 1603 1618/1584 Mar 13 1548 1591 1589/1544 May 13 1553 1596 1592/1549 Jul 13 1558 1602 1598/1555 COFFEE(US$/tonne) Close Prev High/Low Jan 13 1877 1907 1920/1864 Mar 13 1881 1910 1923/1871 May 13 1894 1923 1932/1888 Jul 13 190780 words
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844 2012-12-06 30 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 1 146 567 5.63 17 Conv Ratio Best World Intl Ltd W*****5 0.5 1 30 91 32.00 7 Price Prem Biosensors Int'l Group.ES.1212 117 FTSECHINAA50 8000 MBeCW*****0844 words
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Article470 2012-12-06 30 Dec 5 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.039 6.522 0.799 8.120 57.087 100.725 0.862 11.329 3.187 1.269 101.249 42.805 1.276 9.209 0.970 30.477 32.138 0.650 1.048 Canada 0.963 6.279470 words
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Article59 2012-12-06 30 Dec5 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 0.***** 6 mths 0.***** SWAP Mid rates (S$) 0.***** SWAP Mid rates (S$) 1 yr59 words
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Article134 2012-12-06 30 Dec 5 GOLD(US$/oz) Dec 04 Dec 05 Hong Kong 1717.00 1715.00 Dec 03 Dec 04 London 1715.81 1696.55 1716.63 1697.35 Source: Thomson Reuters CAST BAR Dec 05 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 150 67 5gm 427 334 10gm 762 669134 words
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Article88 2012-12-06 30 Dec 5 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 07-Mar-13 0.24 6-Month BS*****T 30-May-13 0.26 1-Year BY*****X 01-Nov-13 0.27 0.26 0.25 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0N 0.25 01-Oct-14 102 102.03 102.03 5-Year88 words
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Article57 2012-12-06 30 Dec 5 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 12 2120.0 2100.0 2129.0 2105.0 57 2876 Jan 13 2220.0 2218.0 2231.0 2197.0 2623 ***** Feb 13 2298.0 2294.0 2312.0 2275.0 ***** ***** Mar 13 2360.0 2357.057 words
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Article154 2012-12-06 30 Dec 5 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2760 1.2769 1.0477 1.0480 Canadian dollar 1.2283 1.2296 1.0092 1.0086 Euro 1.5980 1.5990 1.3121 1.3124 NZ dollar 1.0055 1.0064 0.8256 0.8260 Sterling pound 1.9618 1.9631 1.6108 1.6112154 words
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Article154 2012-12-06 30 Dec 5 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.05 US$ Offer Bid 7 days 0.22 0.12 1 month 0.30 0.20 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.65 0.45 9 months 0.80 0.60 12154 words
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Article123 2012-12-06 30 As at 9am Dec 05 Dec 05 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.305 1.243 Can dollar 1.254 1.195 Euro 1.632 1.555 Sterling pound 1.997 1.921 NZ dollar 1.036 0.978 US dollar 1.241 1.182 Local dollars to 100 units123 words
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Page 31 Advertisements
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Advertisement240 2012-12-06 31 SPHis more just a newspaper than company We go beyond the power of print to meet evolving needs. Through digital platforms, radio, outdoor media, exhibitions, shopping malls and community activities, we engage minds and enrich lives. DIGITALThe AsiaOne network, STJobs, STProperty, STClassifieds, STCars, STOMP, ST Razor TV, omy.sg, shareinvestor.com, HardwareZone.com,240 words
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PROPERTY
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848 2012-12-06 32 Office values down 20% since 2008; buyout firms picking up pieces Bloomberg [LONDON] A short drive from the centre of the city of Utrecht is all it takes to grasp the crisis in the Netherlands’ office market, where bondholders have been wiped out andBloomberg - 848 words
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Article241 2012-12-06 32 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN NOV 7 AND NOV 13, 2012 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 4 NON-LANDED Harbour View Twr Apt 07/11/2012 99 1615 1870 1158 District 10 NON-LANDED Astrid Meadows Apt241 words
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Article, Illustration1089 2012-12-06 32 NYT [SEATTLE] This city’s urban shoreline on Puget Sound was never built with photo-snapping tourists in mind, or technology entrepreneurs jogging in the rain. In decades past, stretching back to the big-timber-and-fish era of the 1800s, the waterfront was a place of gaff hooks, warehousesNYT; PHOTO: NYT - 1,089 words
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Article, Illustration547 2012-12-06 33 KALPANA RASHIWALA - The units are fully leased, generating an average monthly rent of about $6 psf By KALPANA RASHIWALA [SINGAPORE] RB Capital is buying 16 ground-floor riverfronting retail units comprising The Quayside’s retail podium for $69 million, BT understands. The price547 words
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509 2012-12-06 33 Bloomberg [LOS ANGELES] Thor Equities LLC, the owner of nine properties on Manhattan’s Fifth Avenue, said that it has raised US$500 million for the development of high-end stores, offices and hotels in Mexico. The fund, which closed in late October, andBloomberg - 509 words
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232 2012-12-06 33 THE latest executive condominium (EC) to hit the market CityLife@ Tampines was more than three times subscribed at the close of its e-applications period yesterday. Billed as “Singapore’s first luxury hotel-style EC”, the 514-unit project by Tampines EC Pte Ltd a consortium comprising Amara Holdings,232 words
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577 2012-12-06 33 AP [NEW YORK] Work to transform the largest undeveloped property in Manhattan from a railroad storage yard into a sleek new neighbourhood of spiky high-ris-es and graceful parks got a formal start on Tuesday, with developers and officials heralding it as the nextAP - 577 words
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Page 32 Advertisements
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Advertisement96 2012-12-06 32 Collective Sale Hua Court, 63 Paya Lebar Crescent nex Serangoon tu MRT CL I interchange 9r LOR AH SOO co ''X PAYA L£BAR_ X Paya Lebar Methodist Girls’ Sch Pri Sec Bartley BARTLEY RD Maris Stella Pri High Sch Freehold, facing park Zoned 3-storey Mixed Landed 1,515.4sqm (16, 311 sq96 words
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Advertisement103 2012-12-06 32 EWART PARK GCB tie at value in a changing world A gem hidden in the quiet precinct of an elite Holland Road area, this modern contemporary bungalow provides complete privacy with the main house where one entertains and socialises away from a separate block of sacred sanctuary with 6 bedrooms103 words
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Page 33 Advertisements
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Advertisement108 2012-12-06 33 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? Ill CONTACT SPECIALIST MORTGAGE HERE IN SINGAPORE FOR FREE IMPARTIAL ADVICE TO REVIEW ALL OF YOUR OPTIONS. Web www.smats.net Email smats@smats.net108 words
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Advertisement152 2012-12-06 33 The Premier Real Estate Agency GE5 CORPORATE TEAM WE PROVIDE A UNIQUE STRATEGY TO LANDED PROPERTY OWNERS AND FACILITATE THE MARKETING OF SALES purchases OF LANDED PROPERTY 6100 9959 www.GPSIanded.com Global Property Strategic Alliance Pte Ltd Estate Agency No. L*****61F A Subsidiary of Koon Holdings Limited, Listed on ASX and152 words
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Advertisement125 2012-12-06 33 reFOR SALE BY TENDER 700 BEACH ROAD Modern, Stylish 8-storey Office Building Suitable for Corporate Headquarters Prime Beach Road Location Nicoll Highway MRT 99 year lease (w.e.f. 2004) Site Area 18,400 sqft GFA 76,445 sqft Tel: 6435 0277 Tender Closing: Monday, 10 December 2012, 3pm COLLECTIVE SALE BY OWNERS—100% CONSENT125 words
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Page 34 Advertisements
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Advertisement218 2012-12-06 34 Perfect living among nature, in the heart of Singapore’s most desired district. 10 reasons to own your home at d’Leedon in District 10 Lifestyle paradise Singapore Botanic Gardens, Orchard Road, Holland Village and Dempsey Hill all within easy reach Excellent connectivity Variety of choice homes Panoramic views Sprawling landscape amenities218 words
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