The Business Times, 21 February 2013

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Total Pages: 30
1 30 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Thursday, February 21, 2013
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  • 551 1  -  5.6% yearly growth beats expectations and gives BN a timely boost before the polls By in Kuala S JAYASANKARAN in Kuala Lumpur MALAYSIA’s gross domestic product, discounted for inflation growth in the fourth quarter of 2012, clocked in at an unexpectedly high 6.4 per
    PHOTO: AP  -  551 words
  • MARKETS DIGEST
    • 65 1 GST INDEX 3,308.89 (+13.12) GST INDEX FUTURES 3,309.00 (+13.00) GSIMSCI 374.36 (+1.86) GSIMSCI FUTURES 374.40 (+1.70) US$ S$ US$ (S$ per US$) 1.236 (US$/S$ per 1.543 1.906 EURO (US$/S$/€) 1.341 1.657 Foreign currency per US$ S$ YEN 93.30 75.50 RM 3.096 2.505 HK$ 7.754 6.276 BAHT 29.83 24.14 RUPIAH
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    • 48 1 Wednesday Change KL COMP 1,613.33 -1.74 NIKKEI 225 11,468.28 +95.94 HANG SENG 23,307.41 +163.50 SET INDEX 1,546.64 +14.57 JAKARTA COMP 4,634.45 +32.39 MANILA COMP 6,648.57 +27.85 SEOUL COMP 2,024.64 +38.81 SHENZHEN B 837.26 +10.60 MUMBAI IND 19,642.75 +7.03 11am EST Change DOW 14,030.87 -4.80 NASDAQ 3,203.65 -9.94
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    • 22 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 JAPAN 13.193 TAIWAN BRITAIN JAPAN 1.475 CANADA 9.33 BRITAIN INDIA US Source: Bloomberg
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  • 862 1  -  Bankers expect many new entrants to buoyant market after CNY period By ANDREA SOH [SINGAPORE] The Year of the Snake could bring with it more initial public offerings (IPOs) into a buoyant equity market, investment bankers say. One mega IPO has already been
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  • Page 1 Advertisements
    • 174 1 COEs Premium for small cars falls 10% PAGE 2 OPINION The flight of the European bumblebee PAGE 20 AVIATION AirAsia applies to set up joint venture in India page 1 9 TUNE INSURANCE Lacklustre trading debut page 4 is now on Twitter follow us @BTbreakingnews Howto value biological assets I
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  • TOP STORIES
    • 704 2  -  Economists see opportunity for more giveaways in Budget with higher surplus By NISHA RAMCHANDANI [SINGAPORE] Government handouts helped to narrow the income gap last year, as government transfers brought Singapore’s Gini coefficient a measure of income inequality down to 0.459 from 0.478. A coefficient
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    • 640 2 President tries to shame Republicans into a compromise NYT [WASHINGTON] Days away from another fiscal crisis and with Congress on vacation, US President Barack Obama began marshalling the powers of the presidency on Tuesday to try to shame Republicans into a
      NYT; PHOTO: BLOOMBERG  -  640 words
    • 432 2 Galloping GDP carries Najib’s election hopes MALAYSIA’S gross domestic product, discounted for inflation growth in the fourth quarter of 2012, clocked in at an unexpectedly high 6.4 per cent growth making the economy expand 5.6 per cent as a whole last year, compared to 5.1 per cent in
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    • 585 2  -  Respondents expect moderately lower home prices: survey By MINDY TAN [SINGAPORE] Developers’ market outlook turned pessimistic, following the introduction of the latest set of cooling measures in January, with more expecting moderately lower residential prices in the near term. According to the Re-das-NUS Real Estate
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    • 328 2  -  Possible changes in vehicle grouping could affect Cat A By LYNN KAN [SINGAPORE] Certificate of entitlement (COE) premiums for small passenger cars under 1,600 cc saw a sharp pullback in the latest bidding exercise that ended yesterday. The fall comes after it was
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    • 462 4  -  It gives rise to speculation AirAsia X’s IPO may be delayed until after elections By PAULINE NG in Kuala Lumpur IN tune with market sentiments, Tune Insurance made a lacklustre debut on the main board of the Malaysian stock exchange yesterday, prompting speculation its
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    • 848 4  -  Defence asks if SCDF breached any laws by sharing info early By GRACE LEONG [SINGAPORE] The Singapore Civil Defence Force (SCDF) may have inadvertently given an existing vendor and bidder, Secom (Singapore) Pte Ltd, advance notice of an April 6,
      PHOTO: WONG KWAI CHOW/THE STRAITS TIMES  -  848 words
  • Page 2 Advertisements
    • 95 2 Legend of the Seas 2013 2N MALACCA CRUISE Dep Date Mar 23 Port-of-call: Singapore, Malacca 3N BEST OF MALAYSIA CRUISE Dep Date Mar 01,08 29 Port-of-call: Singapore, Penang, Port Klang 4N ISLES OF SOUTHEAST ASIA Dep Date Feb 25 Mar 04&25 Apr 01 Port-of-call: Singapore, Port Klang, Phuket 5N BANGKOK
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  • Page 3 Advertisements
    • 123 3 New Golf. The all-new Golf is longer, lower and has 30 litres more boot space. Yet it’s 100 kilograms lighter and uses up to 23% less fuel. It also comes with features you’d normally expect only in a premium car, such as Driving Mode Selection and multicollision brake. Test drive
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  • Page 4 Advertisements
    • 551 4 Moving Your Business Communication One Step Closer to Success Who should attend: Marketing PR Consultants, Senior and Middle Management, General Management, Sales Business Development Managers and Customer Service Personnel Supervisors. 2013 FEBRUARY SERIES &L r/AN J r i'j. STJOBS No Awarded Best in Cross Media Advertising (Silver) for Asian Digital
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  • COMPANY NEWS
    • 343 5  -  By BENJAMIN AW SINGAPORE investment company Temasek Holdings has hired a top executive of Singapore Technologies Engineering to head a new thrust into the liquefied natural gas (LNG) sector. Seah Moon Ming, ST Engineering’s deputy chief executive and president of defence business, will
      FILE PHOTO  -  343 words
    • 441 5  -  By KENNETH LIM THE Lippo group and a private equity fund have invested $37.54 million in GSH Corp through a stock placement as the trading company enters the Chinese real estate development market. Asia-focused private equity fund SkyVen Growth Opportunities Fund
      441 words
    • 376 5  -  The project awarded by PUB is the second phase in a three-phase expansion of the canal By CARINE LEE KOH Brothers has been awarded a $99.8 million PUB contract for canal improvement works. Under the three-year contract from Singapore’s national
      376 words
    • 339 7  -  Revenue up 14%; performance of property division hurts bottom line By CARINE LEE YEO Hiap Seng Ltd’s net profit for the fiscal fourth quarter ended Dec 31, 2012 fell 46 per cent to $5.24 million from a year earlier, despite a
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    • 445 7  -  By ANDREA SOH DRAGGED down by doubtful receivables, claims and an inventory writedown, trading firm Intraco Limited saw its losses widen in 2012. Net loss attributable to shareholders increased to $8.9 million last year from $7.2 million in 2011 Revenue also fell,
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    • 299 7  -  By ARTHUR LEE THE 10th edition of the SGX Bull Charge slated for November is aiming high the mass run for charity over a 5km distance hopes to raise $3 million. It will do this by doubling the number of runners to
      PHOTO: ARTHUR LEE  -  299 words
    • 354 7  -  By MINDY TAN MEMTECH International Ltd slipped into the red for the three months ended December, reporting a net loss of US$6.9 million. This reverses the gain of US$1.5 million it clocked a year ago. The Q4 loss was mainly attributable to impairment losses
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    • 189 7 Full year and Q4 results ended Dec 2012 Full year ended Dec 2012 NET PROFIT (S$M) TURNOVER (S$M) CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG Q4 ended Dec 2012 NET PROFIT (S$M) TURNOVER (S$M) CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG YHS 70.39 42.60 65.2 566.41 443.00 27.9 5.24
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    • 405 8  -  It posts $3.25m profit on stronger sales, flood insurance claims By TEO SI JIA HELPED by improved sales and flood insurance claims, machinery components manufacturer Broadway Industrial Group has swung into a net profit of $3.25 million for the fourth quarter, reversing from
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    • 328 8  -  By CAI HAOXIANG SINGAPORE private equity firm CMIA Capital Partners and Hong Kong private equity fund China Merchants Technology Holdings have teamed up to invest US$23 million (S$28.4 million) in mainboardlisted firm China Farm Equipment. The investment breakdown and the proportion of
      328 words
    • COMPANY BRIEFS
      • 102 8 OKP Holdings Limited reported a 53.4 per cent drop in net profit to $12.4 million for the full year ended Dec 31, on the back of a 4.9 per cent dip in revenue to $104.5 million. The decrease in revenue was mainly
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      • 108 8 HI-P International announced that a fire incident had occurred at one of the buildings in its manufacturing plant in Shanghai. The incident involved its wholly-owned subsidiary Hi-P (Shanghai) Stamping Mold Component Industries Co and happened on Feb 19. The operations of the subsidiary
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      • 62 8 ENVIRO-HUB Holdings said it is expecting to report a loss for Q4 2012 and FY2012, as a result of continued difficult business environment. This is based on a preliminary review of the unaudited financial results of the group. More detailed information will
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      • 114 8 FOOD producer Del Monte Pacific said a group of members of the New People’s Army, a leftist militant group, entered Camp Phillips, a residential community for Del Monte Philippines Inc employees in Bukidnon, Philippines, on Tuesday. The group had apparently tried to rob a
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      • 47 8 LONZA has been awarded a contract by the US National Institutes of Health Center for Regenerative Medicine to generate induced pluripotent stem cells (iPSCs) for research purposes. The contract is a three year agreement with a value up to US$6.9 million.
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      • 70 8 SUNTEC Real Estate Investment Trust (Suntec Reit) has raised $280 million from its issue of convertible bonds at an interest rate of 1.4 per cent per annum. The maturity date is on or about March 18, 2018. Citigroup Global Markets Singapore and Nomura
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      • 55 8 CHINA Great Land Holdings has decided to cease production at two of its subsidiaries, Sanya Pearl River Pile Co and Hainan Huadi Building Material Co, with immediate effect. This is in view of the continuing financial losses of the subsidiaries and the slowdown in
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  • Page 5 Advertisements
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  • SINGAPORE MARKETS
    • 580 6  -  Penny stocks fever runs high with market turnover at 6.9 billion units worth $1.86 billion STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index yesterday rose 13.12 points to 3,308.89, the highest close since it ended at 3,313.61 on Nov 9, 2010, while penny
      Source: Bloomberg  -  580 words
    • 73 6 Feb 20 VALUE CLOSE BT OB/OS 350.00 +180.00 BT CADI -*****.00 +142.00 BT 10-day MA -*****.00 +35.00 FTSE ST Mid Cap 826.31 +0.80 FTSE ST Small Cap 582.61 +1.32 FTSE ST All Share 816.99 +2.73 FTSE ST China Top 232.90 -0.19 FTSE ST China 264.99 +0.32 FTSE
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    • 53 6 VOLUME Xpress 668,808,000 IPCO Intl 552,048,000 Oceanus 398,776,000 CCFH 342,389,000 Contel 323,872,000 Annica 320,351,000 MDR W*****5 240,560,000 JEP 210,268,000 Armarda 187,372,000 LH Grp 149,764,000 VALUE($) DBS Grp 91,125,052 UOB 70,411,120 CapitaLand 70,336,510 Genting SP 58,676,575 SingTel 58,162,988 Thai Beverage 46,593,110 Keppel Corp 44,274,234 Wilmar 43,191,400 Rowsley 43,125,930
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    • 186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 4 5 0 0 0 7 4 5 Manufacturing 82 45 38 17 5 5 99 50 43 Commerce 32 22 13 6 5 2 38 27 15 Tpt/Stor/Comms 19 14 10
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    • 123 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 75,411 75,411 78,491 78,491 Manufacturing 2,031,624 1,190,893 3,222,517 391,146 54,100 445,246 Commerce 796,288 140,783 937,071 135,615 10,599 146,214 Tpt/Stor/Comms 130,649 22,193 152,842 173,018 6,899 179,917 Finance 143,271 291 143,562 239,648 127 239,775 Construction 710,407 89,458
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    • 983 6  -  Compiled by CAI HAOXIANG CapitaLand Feb 20 close: S$4.01 Maybank Kim Eng Research, Feb 20 CAPITALAND announced that, together with Iskandar Waterfront Sdn Bhd (IWSB) and Temasek Holdings, it will acquire and develop a 3.1 million sq ft plot on A2 island in Danga Bay in the Iskandar
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    • 111 6 Stock name Close Change CapMallsAsia 2.110 +0.010 CapitaLand 4.010 +0.060 CapitaMall 2.190 +0.010 CityDev 11.30 -0.040 ComfortDelGro 1.940 +0.025 DBS Grp 15.21 +0.090 F&N 9.440 GLP 2.690 +0.010 Genting SP 1.520 -0.010 Golden Agri 0.650 HK Land 7.820 -0.030 IHH Healthcare 1.340 +0.015 JMH 63.00 -0.200
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    • 512 6 CURRENCIES Reuters [LONDON] The yen was steady yesterday, holding to recent gains against the US dollar and the euro after Japanese Prime Minister Shinzo Abe said that the need to establish a public-pri-vate-sector fund to buy foreign bonds had declined. But sterling stole the
      Reuters; PHOTO: BLOOMBERG  -  512 words
    • 118 6 BY CENTS CLOSE UP SPDRS S&P 500 10US$ ***** 625.2 3.4 DBXT MSKorea 10US$ 6220 205.1 2.7 IS DJ US Tech 7286 187.8 2.1 DBXT Nifty 10US$ ***** 126.0 0.9 DBXT MSEurope 10US$ 5036 61.8 1.0 DBXT MSTaiwan 10US$ 1897 58.1 2.5 Hyflux 6% CPS 10 ***** 50.0 0.5
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    • 122 6 BY CENTS CLOSE DOWN GLD 10US$ ***** -93.9 -0.5 DBXT FTChina25 10US$ 2999 -61.8 -1.6 DBXT S&P Short 10US$ 3232 -38.3 -1.0 JMH 6300 -24.7 -0.3 DBXT MSCHINA 10US$ 1248 -14.8 -1.0 DBXT MSINDO 10us$ 1609 -12.4 -0.6 OCBC Bk 5.1%NCPS 100 ***** -8.0 -0.1 Yanlord.ES.1302 154.5 -7.5 -4.6
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    • 5 6 DAILY
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  • Page 7 Advertisements
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  • Page 8 Advertisements
    • 173 8 www.stjobs.sg W CROSS Awarded Best in Cross Media Advertising (Silver) for Asian Digital Media Awards 2012 my dream job y k WANTED: Job-hunters and career-seekers. Pave the way to a successful career with STJobs. Or let STJobs do the work for you. Easy upload of resume via Resume Scan Read
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  • SINGAPORE NEWS
    • 652 9  -  Govt’s push to site office spaces beyond the CBD helps to moderate rents By LEE MEIXIAN SINGAPORE’S prime office rents are becoming more competitive, say commercial real estate brokers and consultants Cushman Wakefield in their latest report, Office Space Across the World
      652 words
    • 537 9 Bloomberg [SINGAPORE] Singapore LNG Corp’s fourth gas storage tank may have 260,000 cubic metres of capacity, enough to fit four A380 jumbo jets, the company’s chief executive officer said. The fourth storage tank is being considered to lower storage
      Bloomberg  -  537 words
    • 390 9  -  By LIM JIA YING HIRING faltered in the last quarter of 2012, even as contracting has been on an uptrend. Most industries experienced reduced job opportunities, with a 35 per cent decline in overall job openings from Q3 to Q4, according to Robert
      390 words
    • 363 9  -  By NATHANIEL CHEW SAN Centre, a 12-storey office building on Chin Swee Road, has been put up for collective sale by tender by Jones Lang LaSalle (JLL). Standing on 28,719 sq ft of land, the building comprises 107 stratatitled office units and 80
      363 words
    • 430 10  -  It submits position paper to MOM calling for flexi-work legislation By WEE LE TING THE Women’s Wing of the People’s Action Party wants to see bolder government intervention in the drive for pro-family and womenfriendly workplaces to better harness this talent pool. Women’s
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    • 367 10  -  By GRACE NG THE latest Global Economic Conditions Survey (GECS) shows Singapore's business confidence recovering only slightly in Q4 2012, as compared with other countries in the Asia-Pacific region. The GECS, carried out by the Association of Chartered Certified Accountants (ACCA) and the Institute
      367 words
    • 235 10  -  By VEN SREENIVASAN SINGAPORE Changi Airport handled 4.33 million passenger movements in January, an increase of 1.9 per cent from a year earlier. Air traffic movements rose 2.2 per cent to 28,200 flights. The Chinese New Year holidays in January last year meant that
      FILE PHOTO  -  235 words
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  • Page 10 Advertisements
    • 191 10 P.DECOH HOT” or SSblG ■S' x HOmE&DECOR BIRTHDAY PARTY YOU ARE INVITED! FEB 23, SATURDAY, 2PM to 6PM IKEA ALEXANDRA, LEVEL 2 WIN! $12 000 CNY GIVEAWAY m k NDA ER A UY Bp I free goodie bag Get a birthday goodie bag J worth $15. First 250 guests each
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  • MALAYSIA/INDONESIA
    • 603 11 Korean company should not miss out on Indonesia’s growing car market Reu ters [JAKARTA] Hyundai Motor may be missing out on a big opportunity in Indonesia by failing to build a major car factory in the country and paying too little attention
      Reuters  -  603 words
    • 626 11 Bloomberg [KUALA LUMPUR] Bursa Malaysia Bhd chief executive Tajuddin Atan said the exchange will focus on turning domestic companies into regional champions after spending the past five years boosting corporate governance and investor protection. Malaysia will promote companies in industries such as palm oil,
      Bloomberg; PHOTO: BLOOMBERG  -  626 words
  • Page 11 Advertisements
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  • Page 11 Miscellaneous
    • 43 11 SINGAPORE m I MmnnHMM '8 I I I' 8, i t 1111 ml,, JMR. tMJ $10 MILLION Hong Bao Draw Fri, 22 Feb 2013,9.30pm Visit www.singaporepools.com.sg for details. Ip yA Always play with care. |responsibiy[ Do not bet illegally. RGB Reg No: *****0202G
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  • GREATER CHINA/INDIA
    • 541 12 Rising employee, land costs have diminished China’s attractiveness Bloomberg [BEIJING] China’s foreign direct investment (FDI) fell for an eighth month in January, a sign that the recovery in the world’s second-larg-est economy has yet to revive confidence among overseas companies. Inbound
      Bloomberg; PHOTO: BLOOMBERG  -  541 words
    • 418 12 Bloomberg [NEW DELHI] BP plc and Reliance Industries Ltd, partners in India’s biggest natural gas deposit, plan to spend more than US$5 billion (S$6.15 billion) developing the area off the nation’s east coast to restore flagging output. The investment will be made
      Bloomberg  -  418 words
    • 653 12 Bloomberg [BEIJING] Foreign banks in China will limit wage growth this year by being selective in creating new positions, according to recruitment agency Robert Walters plc’s annual survey. Hiring in the world’s sec-ond-largest banking market will remain low as
      Bloomberg  -  653 words
    • 417 12 Reuters [BEIJING] Accusations by a US computer security company that a secretive Chinese military unit is likely behind a series of hacking attacks are scientifically flawed and hence unreliable, China’s Defence Ministry said yesterday. The statement came after the White House said overnight that
      Reuters; PHOTO: AP  -  417 words
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    • 18 12 LAST CHANCE Indian government’s electoral fortunes depend on minister Chidambaram’s budget BIRDMAN OF SINGAPORE GET YOUR COPY TOMORROW
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  • ECONOMY WATCH
    • 1021 13 Consumer spending hit by payroll tax increase and delayed refunds Bloomberg [NEW YORK] Walmart Stores Inc internal e-mails revealing the worst sales start to a month in at least seven years may be the first sign of a broader weakening in US consumer spending
      Bloomberg; PHOTO: BLOOMBERG  -  1,021 words
    • 356 13 It sees BRIC posting biggest improvement in growth this year Bloomberg [ABU DHABI] Bank of America Merrill Lynch said investors should buy emerging market (EM) bonds and equities as the so-called BRIC nations of Brazil, Russia, India and China post the biggest improvement in
      Bloomberg  -  356 words
    • 728 13 Reuters [BRASILIA] President Dilma Rousseff on Tuesday raised the monthly stipend of 2.5 million people living below the poverty line to make good on her promise to eradicate extreme poverty in Brazil, a nation with enormous income gaps between rich and poor. She said
      Reuters; PHOTO: REUTERS  -  728 words
    • 587 13 AFP [MILAN] Italy may have escaped the ferocious grip of the eurozone debt crisis under Mario Monti’s rule, but the country heading for the polls on Feb 24-25 is still bogged down in recession and vulnerable to political turmoil. The buzzword on
      AFP  -  587 words
  • Page 13 Advertisements
    • 222 13 GL0BRL2#13 SECURITY n Ti n International Exhibition Conference on Counter Terrorism Security Singapore will again host Asia Pacific’s Premier Exhibition and Conference focusing on Counter Terrorism, Internal State Security, Law Enforcement and Civil Defence 2-4 April 2013 10am 5pm Sands Expo Convention Centre, Level 1, Halls B C, Marina Bay
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  • WORLD
    • 516 14 Food costs increase, pump prices fall; housing starts decline 8.5% LATEST US DATA Reuters [WASHINGTON] US wholesale prices rose for the first time in four months in January as rising food costs offset weak petrol prices. Housing starts, however, dropped 8.5
      Reuters  -  516 words
    • 651 14 Bloomberg [TOKYO] Japanese Prime Minister Shinzo Abe will ask US President Barack Obama to allow shale gas exports as the world’s third-largest economy grapples with soaring energy costs after 2011’s nuclear disaster closed reactors. The request will be made at a meeting
      Bloomberg; PHOTO: REUTERS  -  651 words
    • 486 14 Reuters [ATHENS] Greek workers walked off the job yesterday in a nationwide protest against wage cuts and high taxes, keeping ferries docked in ports, shutting state schools and leaving hospitals working with emergency staff. Greece’s two biggest labour unions brought much of the
      Reuters  -  486 words
    • 644 14 Sticking points were bonuses, bank capital requirements Bloomb erg [BRUSSELS]The European Union failed to seal a deal on Basel bank rules after disagreeing on bonuses, capital requirements for big lenders and disclosure of profit and tax at talks in Brussels on Tuesday.
      Bloomberg  -  644 words
    • WORLD WATCH
      • 106 14 Bloomberg [LONDON] Brink’s Co, a provider of armoured cars to transport valuables, said a diamond robbery at Brussels airport will have a “significant impact” on first-quarter earnings. A portion of the gems stolen two days ago was being shipped by Brink’s, the Richmond,
        Bloomberg  -  106 words
      • 112 14 Reuters [HONG KONG] Lenovo Group said Yahoo! co-founder Jerry Yang is to join its board as an observer, as the world’s No 2 maker of PCs expands its mobile business to tap global demand for smartphones and tablets. Mr Yang, who co-founded Yahoo! in
        Reuters  -  112 words
      • 108 14 AP [LISBON] Portugal raised 1.5 billion euros (S$2.5 billion) in a debt sale at sharply lower rates yesterday as the bailed-out country continues to benefit from improving market confidence, despite forecasts that its recession will deepen. Finance Minister Vitor Gaspar said yesterday the
        AP  -  108 words
      • 91 14 Reuters [VATICAN CITY] Pope Benedict may change Church rules which could affect the timing of the start of the conclave which elects a new leader. A 1996 apostolic constitution by Pope John Paul stipulates that a conclave must start between 15 and 20 days
        Reuters  -  91 words
    • 377 14 Reuters [FRANKFURT] Deutsche Boerse AG is focusing on growth initiatives in Asia and Latin America as the Frankfurt-based exchange operator charts a fresh direction after its failed attempt to buy NYSE Euronext. “We have now closed the chapter on the
      Reuters  -  377 words
    • 663 15  -  Latest figures show up effects of weaker yen on exports and soaring fuel imports By in ANTHONY ROWLEY in Tokyo JAPAN’S trade deficit continues to surge, raising questions over the net benefits of a weaker yen on export and import prices and
      663 words
    • 781 15 Bloomberg [TOKYO] Itoko Uchida, 82, was counting on the nephew she raised to support her in old age. He refused, forcing her to pay for a sponsor to join the 420,000-long queue of Japanese waiting for a nursing home bed. With no relatives
      Bloomberg; PHOTO: BLOOMBERG  -  781 words
    • 233 15 AFP [LONDON] Britain’s government raised a less-than-expected amount from its 4G mobile auction that will result in five companies providing the country with superfast mobile Internet services, a watchdog said yesterday. Telecoms watchdog Ofcom said the total bidding came to £2.34 billion
      AFP  -  233 words
    • 828 16 JPMorgan, Citigroup lead those lending smallest portion of deposits in 5 years Bloomberg [NEW YORK] The biggest US banks including JPMorgan Chase Co and Citigroup Inc are lending the smallest portion of their deposits in five years as cash floods in
      Bloomberg  -  828 words
    • 726 16 Bloomberg [TOKYO] Bank of Korea (BOK) governor Kim Choong Soo said that an improved global outlook increases the odds of South Korea exceeding this year’s growth forecast, signalling that further monetary easing is not necessary for now. Asia’s fourth-largest economy is likely to achieve
      Bloomberg; PHOTO: AP  -  726 words
    • 326 16 Reuters [CAIRO] Egypt’s government announced new fuel prices for many sectors of the economy on Tuesday which industry sources said were 50 per cent higher than previous levels, triggering protests by factory owners affected by the increase. Several hundred people employed in
      Reuters  -  326 words
    • 851 16 AFP [BARCELONA] Times are tough but everyone still needs a little sparkle in their lives. That’s the message from beverage industry data that indicate champagne sales are going flat while more affordable upstarts like prosecco continue to fizz thanks to a trend towards everyday
      AFP; PHOTO: AFP  -  851 words
    • 965 17 Scientists and collectors vie for untold thousands of fragments NYT [DEPUTATSKOYE, Russia] Ever since the meteor exploded somewhere over this impoverished Siberian town, Larisa V Briyukova wondered what to do with the fist-size stone she found under a hole in the
      NYT; PHOTO: AP  -  965 words
    • 462 17 Bloomberg [PARIS] Titan International Inc chairman Maurice Taylor wrote to French Industry Minister Arnaud Montebourg that France can keep its “so-called workers”, saying they earn a high pay and work short hours. In a letter to Mr Montebourg obtained by French financial daily
      Bloomberg  -  462 words
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    • 104 14 NOTICES LOST SHARE CERTIFICATES The following share certificates have been reported lost, mislaid or destroyed by the registered shareholder Name of Company Cerlificale Nos. No. ol shares Registered in the name of BUKIT SEMBAWANG ***** 150 Harrison Dudley ESTATES LIMITED S***** 150 Harrison Dudley (Incorporated in Singapore) (Company Registration No.
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  • Page 15 Advertisements
    • 739 15 Start your day right with breakfast at Paragon. Awaken to the rich aroma of hand crafted artisan coffee or blend of tea, and count on a generous selection of morning delights that’s sure to brighten the day. CAFE MANUKA #05-K3/K4 FROM 9AM ONWARDS Find the perfect balance in natural freshness
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  • Page 17 Advertisements
    • 178 17 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SOLANGE SINGAPORE PTE. LTD. (In Creditors’ Voluntary Liquidation) Reg. No. *****7767M NOTICE OF RESOLUTION At an Extraordinary General Meeting of the abovenamed Company duly convened and held
      178 words
    • 521 17 IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF BESTSKY CONSULTING AND BUSINESS SOLUTIONS PTE LTD (Co. Reg. No. *****1834D) NOTICE OF RESOLUTION FOR MEMBERS’ VOLUNTARY WINDING-UP (Pursuant to Section 290) At the Extraordinary General Meeting of the members of the above-named company, duly convened
      521 words
    • 306 17 Singapore A workforce WUA gr y pmen CALL FOR INFORMATION (CFI) The Singapore Workforce Development Agency (WDA) invites prospective organisations to participate in the following: CFI No.: WDA.CPO.14.146.1.C.V1 CFI Title: CALL FOR INFORMATION (CFI) FOR PROPOSALS OF INNOVATIVE CONCEPTS FOR NATIONAL CONTINUING EDUCATION TRAINING (GET) CAMPUSES CFI Publication Date: Tuesday
      306 words
    • 1231 17 POLLUX PROPERTIES LTD. (Incorporated in the Republic of Singapore) (Company Registration Number *****4729G) Registered Office: 391A Orchard Road #08-07 Ngee Ann City Tower A Singapore *****3 NOTICE OF EXPIRY OF WARRANTS TO: ALL HOLDERS OF WARRANTS TO SUBSCRIBE FOR NEW ORDINARY SHARES IN THE CAPITAL OF POLLUX PROPERTIES LTD. (THE
      1,231 words

  • Page 18 Advertisements
    • 349 18 Amazing Gifts When You Subscribe To THE STRAITS TIMES f ON THE I TRAIL B MORE than a Q w M a THE STRAITS TIMES The big push for more babies BABY BOOSTERS ft. Q xj I III Mll h IM > As nn i -JESnMTTS TIMES f T 1*
      349 words

  • AVIATION/SHIPPING
    • 357 19  -  Chennai-based JV will give Indian flyers domestic Tier II/Tier III city connectivity By VEN SREENIVASAN [SINGAPORE] Malaysia’s AirAsia Bhd is seeking approval to set up an Indian unit. Asia’s largest budget carrier said yesterday that its investment arm, AirAsia Investment Ltd,
      357 words
    • 501 19 Bloomberg [FRANKFURT] Deutsche Lufthansa AG plans to suspend its dividend for the first time since 2010 to preserve cash, as the German airline rejuvenates its fleet and pushes ahead with its most ambitious cost-sav-ings programme to date. The carrier will buy eight long-range and 100
      Bloomberg; AFP FILE PHOTO  -  501 words
    • 378 19 AFP [WASHINGTON] United Airlines says it expects to keep its Boeing 787s out of service through March 30 a fresh sign of how long the aircraft could remain grounded worldwide to fix a battery problem. United, the only US airline that operates
      AFP  -  378 words
    • 243 19 SGX '000 Feb 20 S$ +/-Vol CH Offshore 0.50 unch 406 Chuan Hup Hldg 0.29 unch 327 Cosco Corp 0.96 0.01 3591 s$ Ezra Hldgs 1.16 unch 2817 First Ship Lea 0.14 unch 1750 Freight Links 0.50 Grand Banks.............unch unch 0 Jaya Hold Ltd Chuan Hup Hldg K1Ventures
      243 words
    • 627 19 Reuters [SAO PAULO] Brazilian dock workers in Santos on Tuesday ended a two-day occupation of a Chinese ship in protest at port modernisation plans, as unions threatened a national port strike over the government plan which they fear will cost jobs and
      Reuters  -  627 words
    • 374 19 Reuters [LILONGWE, Malawi] State workers in Malawi have told the government and airlines that they would shut the main international airport in the capital Lilongwe yesterday as part of a week-long public sector strike. The airport closure would cut off the
      Reuters  -  374 words
    • 158 19 Reuters [WASHINGTON] The merger of American Airlines and US Airways to form the world’s largest air carrier threatens the credit quality of US airports, Moody’s Investors Service said on Tuesday, as the combined airline may eliminate routes or push up ticket prices. American
      Reuters  -  158 words
  • Page 19 Advertisements
    • 114 19 ASIA WEST AFRICA TRADE AGREEMENT (AWATA) NOTICE OF 2013 MARCH RATE RESTORATION In order to ensure that the Members Lines are able to continue to provide the service necessary to meet the needs of their customers, the Members Lines of the Asia West Africa Trade Agreement have decided to implement
      114 words
  • Page 19 Miscellaneous
    • 346 19 CRYPTIC CROSSWORD Across 1 Refinement of sailor when meeting soldiers in high spirits (11) 10 Expression of dismay in a county town when mother goes missing (5) 11 Son, member of family with double hesitation as slow walker (9) 12 Like some tennis shots how dad gets troubled with net!
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  • EDITORIAL & OPINION
    • 479 20 EDITORIAL BILATERAL ties between Singapore and Malaysia have been raised a notch with the announcements on Tuesday of strategic joint projects with potentially strong economic, commercial and social benefits for both sides. The details may still be sketchy but news of a proposed
      479 words
    • 862 20  -  THE BOTTOM LINE ANTHONY ROWLEY Tokyo Correspondent FOR all the claims made at the G20 finance ministers meeting in Moscow last weekend that “talk of currency wars is overblown”, it clearly is not. On the contrary, by their hypocrisy and reluctance to own
      862 words
    • 1096 20  -  Just like an insect which flies despite its physical impossibility, the euro has taken off b y INDERMIT GILL, LÚCIO VINHAS DE SOUZA Indermit Gill is chief economist for Europe and Central Asia at the World Bank. Lúcio Vinhas de Souza is managing director
      Project Syndicate; PHOTO: REUTERS  -  1,096 words
    • 1329 21  -  Fair value paints a more realistic scenario of market conditions but judgment must be exercised at points of subjectivity By ALICE TAN KANG WAI GEAT Alice Tan is manager and Kang Wai Geat is deputy head of Technical Standards Development and Advisory at the Institute
      PHOTO: AFP  -  1,329 words
    • 1046 21  -  By CLIVE CROOK The writer is a Bloomberg View columnist. The opinions expressed are his own Bloom berg JAPAN’S new prime minister, Shinzo Abe, is proposing a bold departure for his country’s economy. He’s mostly right. Japan continues to underperform, and
      Bloomberg; PHOTO: REUTERS  -  1,046 words


  • 1460 22 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 STXPO TBN Camden/New
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  • Page 22 Advertisements
    • 67 22 Shipping lines seeking reliable logistics partners TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here in the Shipping Times? M The Business Times Shipping Times PLACE YOUR AD HERE The Business Times Shippii g Times CALL JOE WON G AT 9620 1327 FREIGHT FORWARDER urgently needed
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  • SINGAPORE STOCKS
    • 3437 23 Transaction date: Feb 20 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Day Last Quote Div Gr Yld --AAT M Cap High 164 104.5 AIMSAMPIReit Company Sale 75 55 ASL
      3,437 words
    • 226 24 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol 4.6 1.3 t Advanced System 2.2 +0.2 ***** 2.3 2.1 2.1 2.2 32.8 Last Quote Div Gr Yld Net M Cap High
      226 words
    • 10223 24 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.42/ Aberdeen Asset Mgt Asia Limited 1.14/ Asian Local Ccy SD Bond EM Local Ccy Bond 1.0013/ Asian Smaller Cos'** Global Emerging Markets!** EM local Ccy Bond 1 0132/ European Opportunities 1 1 1414/ Global
      10,223 words
    • 262 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 50 25.5 AVJennings A40 +1 9 40 39 39 40 3.6 8.8 3.2 104.2 45.5 30 Genting HK US$ US44.5 +0.5 ***** 45.5 44 44 44.5 2930.1
      262 words
    • 929 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 118.5 +1 3 118.5 118.5 117.5 118.5 540.9 135.9 120.4 CIMB APAC Div 100S$D 135.8 135.5 136.4 111.7 95.8 CIMB
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  • FINANCE & COMMODITIES
    • 644 25 Feb 20 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.65 *****.52 *****.10 Mar13 *****.00 *****.00 *****.00 *****.00 ***** *****2 Jun13 *****.00 *****.00 *****.00 *****.00 418 ***** MSCI TAIWAN INDEX FUTURES SPOT 289.15 290.15 288.57 Feb13 287.20 290.00 286.70 289.60 ***** *****1 Mar13 287.00
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    • 373 25 In local curr In S$ In US$ dy yr dy yr dy yr Feb 19 Index Change Change Change Change Change Change World Preliminary 1004.3 0.6 7.0 0.6 7.4 0.7 5.9 EAFE Preliminary 832.3 0.8 7.5 0.8 6.4 0.9 5.0 Europe Preliminary 1216.0 1.2 6.0
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    • 470 25 Feb 20 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.048 6.462 0.772 8.030 56.049 100.277 0.967 11.167 3.206 1.232 101.608 42.105 1.280 9.153 0.953 30.593 30.885 0.671 1.036 Canada 0.955 6.169
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    • 63 25 Feb 20 (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$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths SWAP Mid rates
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    • 134 25 Feb 20 GOLD(US$/oz) Feb 20 Feb 19 Hong Kong 1616.00 1626.00 Feb 19 Feb 18 London 1604.51 1607.55 1605.28 1608.35 Source: Thomson Reuters CAST BAR Feb 20 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 144 64 5gm 408 320 10gm 729 640
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    • 90 25 Feb 20 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****F 23-May-13 0.26 6-Month BS*****S 22-Aug-13 0.27 1-Year BY*****X 01-Nov-13 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-13 99.97 100.02 100.02 5-Year N*****0Z 2.375
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    • 57 25 Feb 20 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 13 2512.0 2506.0 2519.0 2495.0 330 7311 Apr 13 2546.0 2542.0 2556.0 2521.0 6848 ***** May 13 2575.0 2566.0 2584.0 2546.0 ***** ***** Jun 13 2595.0 2586.0
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    • 154 25 Feb 20 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2792 1.2799 1.0353 1.0358 Canadian dollar 1.2212 1.2219 0.9888 0.9883 Euro 1.6572 1.6574 1.3412 1.3413 NZ dollar 1.0386 1.0392 0.8406 0.8410 Sterling pound 1.9059 1.9066 1.5425 1.5429
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    • 107 25 Feb 19 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 13 1470.25 1424.50 1474.25 1432.25 May 13 1457.25 1414.75 1459.75 1421.00 Jul 13 1445.50 1404.75 1446.75 1411.50 Aug 13 1403.75 1369.00 1406.00 1376.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 13 52.53
      107 words
    • 79 25 Feb 19 COCOA (£/tonne) Close Prev High/Low Mar 13 1399 1400 1409/1393 May 13 1408 1409 1418/1403 Jul 13 1420 1420 1428/1416 Sep 13 1429 1429 1437/1424 COFFEE(US$/tonne) Close Prev High/Low Mar 13 2006 2019 2036/2005 May 13 2044 2057 2073/2043 Jul 13 2056 2069 2084/2055 Sep 13 2064
      79 words
    • 991 25 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 Conv AlliedTech W*****2 Exer Asiatravel.com HoldingsW*****7 4 unch 12 1 25 17 Asiatravel.com HoldingsW*****5 4 unch 12 1 27 41 BakerTech W*****5 14.6 -0.5 2029 1 27 -3
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    • 70 25 CRUDE OIL PRODUCTS Feb 19 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 116.96 -0.45 WTI (Near Mth) 96.53 0.98 Dubai (1-Mth F) 112.36 -0.76 Tapis blend 123.16 -0.84 Minas 119.66 -0.84 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 112.78 -1.94 Jet Kerosene 135.46 -0.57 US$/barrel OpecOil Basket
      70 words
    • 22 25 Feb 20 S$ Bid Offer 1-month 1.2356 1.2357 2-months 1.2356 1.2358 3-months 1.2356 1.2358 6-months 1.2356 1.2358 Source: OCBC
      22 words
    • 67 25 Feb 19 Feb 19 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2069.00 2077.00 3 months 2111.00 2117.00 Copper, Grade A(US$/tonne) Cash 8015.75 8085.25 3 months 8050.00 8119.00 Lead(US$/tonne) Cash 2353.50 2370.75 3 months 2375.00 2390.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00
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    • 121 25 As at 9am Feb 20 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.309 1.247 Can dollar 1.251 1.192 Euro 1.699 1.619 Sterling pound 1.944 1.870 NZ dollar 1.081 1.020 US dollar 1.262 1.202 Local dollars to 100 units of foreign
      121 words
    • 154 25 Feb 20 $S Offer Bid 0vernight 0.01 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.60 0.40 9 months 0.75 0.55 12
      154 words

  • PROPERTY
    • 1582 26 ‘Housing slaves’, a part of China’s growing middle class, help real estate prices rebound Bloomberg [SHANGHAI] Sherry Sheng, a 29-year-old Shanghai policewoman, bought herself a 4,000 yuan (S$792) black fur jacket, splurging for the last time before she starts paying off the
      Bloomberg; PHOTO: AFP  -  1,582 words
    • 752 26 PROPERTY TRANSACTIONS FOR DISTRICTS 2 TO 28 WITH CONTRACT DATES BETWEEN JAN 23 AND JAN 29, 2013 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 2 NON-LANDED Spottiswoode Suites Apt 23/01/2013 FH 581 1412 2429 Spottiswoode Suites Apt 23/01/2013
      752 words
    • 1090 27 CEO says firm may expand in Phoenix, Las Vegas which have over-corrected [CALGARY] Brookfield Residential Properties Inc, the second-best performing home-building stock in the Americas over the past year, said that the recovery in US housing is only just starting to add to earnings.
      1,090 words
    • 1172 27 NYT [NEW YORK] Grupo Habita, the Mexico City-based team behind the upscale Hotel Americano in New York, is known for taking an unconventional approach to hospitality. Still, its latest property Downtown Mexico, a hotel within a 17th-century palace in the Centro Historico district
      NYT; FILE PHOTO  -  1,172 words
    • 1070 28 Tycoon aims to turn it into an urban core full of innovative and talented youth Reuters [DETROIT] Dan Gilbert has a vision for downtown Detroit in Michigan state that many would find hard to square with the long, painful decline commonly associated with
      Reuters; PHOTO: REUTERS  -  1,070 words
    • 210 28 Reuters [LONDON] Countrywide Holdings, Britain’s largest estate agency group by revenue, said that it plans to return to the London Stock Exchange (LSE) after nearly six years in private hands. The company is seeking to raise £200 million (S$379 million) through the float, which
      Reuters  -  210 words
    • 833 29 NPLs are bought to earn returns from eventual resolution or liquidation Reuters [NEW YORK] Delinquent and defaulting mortgage loans to struggling US borrowers have become big business on Wall Street, as investors scoop up bonds backed by non-performing loans (NPLs). With
      Reuters  -  833 words
    • 279 29 Bloomberg [SYDNEY] Australian retail and office property prices fell in the three months to Dec 31 as rents declined, a private survey showed. Retail property capital values dropped 1.4 per cent in the last quarter of 2012, while industrial property values slipped 1.2
      Bloomberg; PHOTO: BLOOMBERG  -  279 words
  • Page 26 Advertisements

  • Page 27 Advertisements
    • 96 27 6 levels of retail space with 458 allocated car parking lots. GFA: Retail approx. 321,148 sqft/car park approx. 212,790 sqft Excellent frontage and visibility Catchment of more than 1,5m population within 15 minutes’ drive Close to complimentary and supporting uses. Easy accessibility via major highways and Serdang KTM Station. Ease
      96 words
    • 274 27 i LaSalle' 0 Commercial/Hotel Site near CBD Real value in a changing world SAN CENTRE 450m to Chinatown MRT Land 28,719 sf; GFA131,895 sf; LH 99 yrs fr 1969 Existing 12-sty office building with 80 carpark lots Good for corporate office, 8,650 sf typical floor plate Potential for Hotel, Comm/Res
      274 words

  • Page 28 Advertisements
    • 191 28 6 I I -2 -4 -6 I I Jan 11 Jul 11 Jan 12 Jul 12 Jan 13 Whichever way property trends are heading, STProperty will always point you in the right direction. Get the upper hand on property market intelligence with trends and analytics. Check the trend of prices
      191 words

  • Page 29 Advertisements
    • 221 29 International Property Group Pte Ltd A Singapore based Boutique Real Estate Broker Focusing On Commercial Real Estate In Central Region of Singapore. We deal with Sales Leasing of the following types of assets 3 4 Star Hotels Shopping Mall Office Commercial Buildings Boutique Budget Hotels Commercial Shophouses Strata Office Units
      221 words
    • 305 29 Otf' ceS SG per P 1 per Reg us Work your way 12 flexible office locations in Singapore Fully equipped and work-ready Terms to suit any size of business Opening soon in Orchard Wisma Atria Find out more about our fully equipped offices... ((|i* www.regus.com.sg 1 800 622 1563 160
      305 words
    • 183 29 MONTIG RESORT Cash Ang Pow worth $68,888* Guaranteed 5% return for the first two years Exclusive yacht transfers from Singapore to Nongsa worth $2,888* Vendor financing available for Purchasers No ABSD No restriction on foreign ownership 8, r a Enjoy a new beginning and find wealth, prosperity and good fortune
      183 words

  • Page 30 Advertisements
    • 287 30 HIGHWOOD HOUSE LONDON W1 exclusive property exhibition FRIDAY 22ND SUNDAY 24TH FEBRUARY: 11AM TO 7PM a nV Mi i k Ki m e s I I 3 V to k\ I .E8II jj Computer generated image REGENT’S PARK GREAT PORTLAND STREET MARYLEBONE o eEUSTON SQUARE WARREN STREET EUSTON FITZROVIA ,|r
      287 words