The Business Times, 19 September 2013

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Microfilm: NL32826
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Thursday, eptember 19, 2013
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  • Article
    Lock icon Sharp rise in COEs before changes kick in
    717 1  -  Cat A premium surprises with 8.3% jump; Cat B rises significantly on ‘forward buying’ By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] Certificate of Entitlement (COE) premiums rose sharply across the board yesterday in the first bidding exercise since changes were unveiled to the COE
    717 words
  • Article, Illustration
    Lock icon Market tremors keep lid on Q3 Singapore M&As
    662 1  -  Steep 76% plunge for Singapore firms partly due to last year’s F&N, APB blockbusters By KENNETH LIM kenlim@sph.com.sg [SINGAPORE] Merger and acquisition (M&A) activity in the third quarter in Singapore slowed to its quietest level in more than four years as companies
    Graphics by Gareth Chung; Concept by Kenneth Lim; Source: Bloomberg, Thomson Reuters  -  662 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,193.85 (+12.93) GST INDEX FUTURES 3,192.00 (+12.00) GSIMSCI 363.89 (+0.92) GSIMSCI FUTURES 364.10 (+0.80) US$ S$ US$ (S$ per US$) 1.260 (US$/S$ per 1.593 2.006 EURO (US$/S$/€ 1.335 1.682 Foreign currency per US$ S$ YEN 99.10 78.70 RM 3.238 2.570 HK$ 7.755 6.155 BAHT 31.71 25.17 RUPIAH
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    • Article
      Lock icon MARKETS
      47 1 Wednesday Change KL COMP 1,771.40 -3.54 NIKKEI 225 14,505.36 +193.69 HANG SENG 23,117.45 -63.07 SET INDEX 1,439.13 -4.65 JAKARTA COMP 4,463.25 -54.37 MANILA COMP 6,333.96 -10.18 SEOUL COMP Closed SHENZHEN B 829.17 +0.53 MUMBAI IND 19,962.16 +158.13 12noon EDT Change DOW 15,486.34 -43.39 NASDAQ 3,738.14 -7.56
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    • Article
      Lock icon PRIME RATES
      21 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 13.451 TAIWAN BRITAIN JAPAN US KOREA 9.33 BRITAIN 0.50 Source: Bloomberg
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      231 1 SINGAPORE GRAND PRIX More tourists flying in early for F1 race PAGE 4 COMPANIES China Gaoxian shares dive as trading resumes page 6 HOCK LOCK SIEW The pattern behind UE’s deals PAGE 6 HDB Parenthood Provisional Housing Scheme to benefit more families PAGE 11 Singapore is most prepared country to
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      3 1 8 *****1 *****4
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  • TOP STORIES
    • Article, Illustration
      Lock icon Singapore is country most prepared for change: KPMG
      644 2  -  Global study shows Republic is tops for enterprise and government By MICHELLE QUAH michquah@sph.com.sg [SINGAPORE] In a field of 90 countries, Singapore has emerged the most prepared when it comes to responding to changes such as natural disasters, global competition, economic shocks
      Graphics: Hyrie Rahmat; Photo: Lim Sin Thai, The Straits Times; Source: KPMG  -  644 words
    • Article
      Lock icon PSA signs deal on Colombia port
      310 2  -  It will develop the terminal with the Philippine’s ICTSI By MALMINDERJIT SINGH msingh@sph.com.sg [SINGAPORE] PSA International has signed an agreement with port management company International Container Terminal Services Inc (ICTSI) to develop the Aguadulce Port in Colombia. Under the deal, PSA will buy a
      310 words
    • Article
      Lock icon India to set up outfit for acquiring resource assets overseas
      708 2  -  INOIC is modelled after sovereign wealth funds By NEETA LAL in New Delhi THE Indian government plans to set up Indian Overseas Investment Corp Ltd (INOIC), a company loosely modelled on the concept of a sovereign wealth fund to help
      708 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      571 2 Market tremors keep lid on Q3 Singapore M&As MERGER and acquisition activity in the third quarter in Singapore slowed to its quietest level in more than four years as companies struggled to build deals in a shaky market. Announced deals fell 76 per cent to US$5.9 billion in
      571 words
    • Article
      Lock icon Global risk appetite hits Asia investment more than demand
      624 4  -  Current risk aversion may thus temper investment growth in region, says S&P By MICHELLE QUAH michquah@sph.com.sg [SINGAPORE] Changes in global financial risk appetite matter more to investment outcomes in Asia-Pa-cific than changes in real external demand, says Standard Poor’s (S&P) Ratings
      624 words
    • Article, Illustration
      Lock icon Bumper year likely for F1 as more tourists fly in early
      510 4  -  Australia, UK and Indonesia top three markets for issued airline bookings By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] Flight bookings into Singapore for the 2013 Formula One (F1) Grand Prix, already up 12.6 per cent from last year, point to a
      PHOTO: AP  -  510 words
    • Article, Illustration
      Lock icon NZ economy doing well, provides investment opportunities: DPM
      564 4  -  Optimism based on improvement in competitiveness B)’ LEE U-WEN leeuwen@sph.com.sg [SINGAPORE] The New Zealand economy is in “good shape” and is primed to be one of the faster-growing economies in the next few years with many opportunities for investment. That was NZ
      564 words
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      84 2 The FUNNIEST show you are likely to see in your ENTIRE LIFETIME! Montreal Gazette ABA Productions The Reduced Shakespeare Company proudly present THE COMPLETE WORKS OF LWJIIiamTShakesRearei Written by Adam Long, Daniel Singer and Jess Winfield I UR T T) Cl 113 Additional Material by Reed Marlin 1/11,1 LONDON’S LONGEST-RUNNING
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      18 2 CHARTING DIRECTIONS Place your AGM and EGM notices in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
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      125 3 Artful Luxury Redefined Olympic length swimming pool with Cabanas Clubhouse and Residence Concierge, managed by Capella Singapore Spacious residence with double-volume balcony Location, Privilege and Provenance Ardmore Residence, a new luxury residential development by Pontiac Land Group. The exclusivity of urban living, complemented by lush tranquility and security. 4-bedroom residences,
      125 words
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      216 4 PropNex Service You Trust L*****22J Own a piece of FREEHOLD ~$5XX property from only Located off Upper Thomson 96 Units Canteen Foreigner Eligible NO ABSD Seeking indication of interest now FREE SEMINAR BY INDUSTRY PROFESSIONALS Understand the Industrial Market Trend, Legalities from PropNex and Rodyk Davidson LLPTopic on Finances and
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      158 5 rm p ym I f y.f efessfoSS SS5: OS Ay/-'.. S t ft* HI p r V •v _J- u > sp (V) s* ■Si f c* V *r y "N L. U*, i J. v l r* I r j;" ■> V V > j 1 ;v s;.. V
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  • COMPANY NEWS
    • Article
      Lock icon China Gaoxian shares dive as trading resumes
      627 6  -  It closes at 8.6 cents, against its last traded price of 19 cents in 2011 By CAI HAOXIANG haoxiang@sph.com.sg THE stock of scandal-hit China Gaoxian nosedived yesterday as it resumed trading after being in limbo for two-and-a-half years. It opened trading at 9.3
      627 words
    • Article
      Lock icon The pattern behind UE’s deals
      885 6  -  HOCK LOCK SIEW By KALPANA RASHIWALA kalpana@sph.com.sg UNITED Engineers’ real estate deals in the past 12 months seem puzzling to the casual observer trying to fathom its strategy. A clearer picture emerges when one takes a closer look at the developments taking place at the
      885 words
    • Article
      Lock icon Yanlord’s September sales top 2.6b yuan in 2 weeks
      254 6  -  By MINDY TAN tanmindy@sph.com.sg YANLORD Land Group has achieved about 2.607 billion yuan (S$536 million) in sales in the first two weeks of this month from the launches of apartment units in Phase 3 of the Yanlord Yangtze Riverbay Town in
      254 words
    • Article, Illustration
      Lock icon Sharp drop in Asia’s Q3 business sentiment
      789 9 China, Taiwan and South Korea among weakest readings on Reuters/Insead index Reuters [SINGAPORE] Business sentiment among Asia’s top companies deteriorated in the third quarter, led by businesses in export engines such as China and South Korea, ending three consecutive quarters of improving sentiment,
      Reuters; PHOTO: REUTERS  -  789 words
    • Article
      Lock icon Great Flotation giving way to Great Rotation: Rabobank
      480 9  -  By R SIVANITHY sivan@sph.com.sg NEXT year will see the “Great Flotation”, which saw markets driven mainly by liquidity, give way to a “Great Rotation”, where markets are driven by fundamentals, according to Netherlands-based Rabobank. In emerging Asia, the Indonesian rupiah will probably
      480 words
    • Article
      Lock icon SingTel’s Amobee launches new 3D ad platform
      520 10  -  PULSE 3D to create more realistic 3D ads for iOS, Android mobile devices By JOYCE HOOI joyceh@sph.com.sg SINGTEL’S mobile ad firm, Amobee, has launched a new platform, PULSE 3D, which will help the firm create more realistic 3D ads for both iOS and
      520 words
    • Article
      Lock icon Keppel wins 2 FPSO conversion deals totalling $190m
      277 10  -  BY MALMINDERJIT SINGH msingh@sph.com.sg KEPPEL Shipyard has secured two Floating Production Storage and Offloading (FPSO) conversion contracts worth a combined value of $190 million. The first contract from Dutch-based SBM Offshore is for its FPSO vessel to host the Stones ultra deepwater
      277 words
    • COMPANY BRIEFS
      • Article
        Lock icon Equation mulls share consolidation
        76 10 CATALIST-listed Equation Corp is looking to consolidate every four issued shares into one share, and will put this up for shareholder approval. The consolidation, which should result in an increased theoretical trading price, could potentially increase market interest, thus providing a more diversified shareholder base, said
        76 words
      • Article
        Lock icon BBR wins deals worth $106m
        63 10 BBR Holdings has secured about $105.8 million worth of contracts since it last announced the award of a Housing and Development Board building project in March. These include a contract for the construction and maintenance of Phases 14 and 15 of the mixed-use development at
        63 words
      • Article
        Lock icon Tuas Desalination Plant opens
        39 10 PUB and Hyflux officially opened Singapore’s second and largest seawater reverse osmosis desalination plant yesterday. The Tuaspring Desalination Plant has a capacity of 70 million gallons, or 318,500 cubic metres, of desalinated water per day.
        39 words
      • Article
        Lock icon Blumont sets up copper JV
        56 10 BLUMONT Group has teamed up with mining industry expert Ines Scotland to incorporate a joint-venture (JV) company named Blumont Copper, involved in the business of identifying undervalued opportunities in the global copper industry for the purpose of acquisition and investment. Blumont holds an 85 per
        56 words
      • Article
        Lock icon OUE H-Trust units decline offer
        56 10 OUE Hospitality Reit and OUE Business Trust the stapled units of OUE Hospitality Trust (OUE H-Trust) have declined an offer from OUE Ltd for the acquisition of Meritus Mandarin Haikou and an 80 per cent stake in Meritus Shantou China. The offer was made under
        56 words
    • Article, Illustration
      Lock icon Rex to receive stakes in 2 more licences
      395 10  -  By VIVIEN SHIAO vshiao@sph.com.sg CATALIST-listed Rex International Holding’s indirectly owned subsidiary Lime Petroleum Norway will receive 10 per cent stakes in two exploratory licences in Norway from North Energy ASA. These two licences had been awarded to North Energy in the 22nd
      395 words
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      671 6 Move Your Business To A Higher Level Who should attend: CEOs, Directors, Managers, Team Leaders and other general management professionals and anyone interested in achieving workplace success through improving their communication and productivity at work. 2013 SEPTEMBER SERIES Productivity and Credit (P/q Claimable FULL-DAY WORKSHOPS Developing the Next Generation of
      671 words
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      262 7 THOMSON THREE ro. mA s3£ A\ 9 \T v n i t L I w i S i zr—- -r r i v< 8 f L |K:. A ?:«a r u. SCJI i thomsonthree.com .sg PRESTIGE. CONNECTIVITY. SCARCITY. NATURALLY, THOMSON THREE. There is nowhere else like Thomson. And from this
      262 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Investors bet on little or no tapering
      588 8  -  Market’s current preferences still lie with low-priced penny speculatives STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent INVESTORS in this part of the world continued to bet on the US economy being not strong enough to justify a fully fledged withdrawal of the Federal Reserve’s
      Source: Bloomberg  -  588 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 4 4 0 0 0 7 4 4 Manufacturing 78 44 45 13 6 16 91 50 61 Commerce 22 18 30 7 3 7 29 21 37 Tpt/Stor/Comms 15 17 10
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 38,537 38,537 40,990 40,990 Manufacturing 1,275,965 868,548 2,144,513 254,355 20,745 275,101 Commerce 195,976 408,636 604,612 69,414 38,111 107,525 Tpt/Stor/Comms 119,807 22,909 142,716 167,727 9,051 176,778 Finance 119,862 1,666 121,528 164,322 659 164,981 Construction 219,401 74,497
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    • Article, Illustration
      Lock icon BROKERS’ TAKE
      922 8  -  Compiled by JOYCE HOOI Singapore Property DBS Group Research, Sept 18 NO asset bubble in Singapore: No asset bubble leading to a boom and bust situation in the Singapore private residential market owing to forward thinking brakes put in place. Tipping point in residential prices: However, impending supply
      Source: Bloomberg  -  922 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      107 8 Stock name Close Change CapMallsAsia 1.950 CapitaLand 3.140 CapitaMall 1.950 +0.020 CityDev 10.43 -0.010 ComfortDelGro 1.925 -0.005 DBS Grp 16.57 +0.090 GLP 2.830 +0.040 Genting SP 1.460 Golden Agri 0.535 HK Land 6.570 -0.010 HPH Trust US$ 0.770 JMH 56.60 +1.050 JSH 34.48 +0.120 Jardine C&C
      107 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 8 Sep 18 VALUE CLOSE BT OB/OS 703.00 +221.00 BT CADI -*****.00 +93.00 BT 10-day MA -*****.00 +70.00 FTSE ST Mid Cap 773.19 +6.48 FTSE ST Small Cap 573.53 +9.76 FTSE ST All Share 785.81 +4.47 FTSE ST China Top 203.85 +0.41 FTSE ST China 231.95 +0.18 FTSE
      73 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      52 8 VOLUME HanKore 986,494,000 Lereno 724,862,000 ChinaGaoxian 310,605,000 WE Hldgs 204,597,000 Compact 187,229,000 IPCO Intl 154,810,000 Teledata 145,987,000 Albedo 134,675,000 Contel 104,318,000 Innopac 96,771,000 VALUE($) SingTel 82,088,547 HanKore 69,530,878 DBS Grp 65,898,858 Asiasons 40,020,050 Thai Beverage 37,626,145 OCBC Bk 36,812,230 GLP 34,640,650 Blumont 34,302,700 Geo Energy 33,483,260 ChinaGaoxian
      52 words
    • Article, Illustration
      Lock icon Ringgit leads Asian rally, hits 6-week high
      541 8 CURRENCIES Reuters [SINGAPORE] Most emerging Asian currencies rose yesterday with the Malaysian ringgit at a near six-week high as investors bet that the US Federal Reserve would scale back its monetary stimulus only modestly. Demand from real money funds lifted the ringgit to
      Reuters; PHOTO: REUTERS  -  541 words
    • Article
      Lock icon RISES
      107 8 BY CENTS CLOSE UP SPDRS S&P 500 10US$ ***** 278.4 1.3 JMH 5660 132.3 1.9 IS S&P500 ***** 126.0 0.6 Asiasons 270 65.0 31.7 DBXT MSJAP 10US$ 4547 58.0 1.0 DBXT Nifty 10US$ 9505 56.7 0.5 DBXT S&P500 10US$ 2809 54.2 1.6 Hyflux 6% CPS 10 ***** 50.0 0.5
      107 words
    • Article
      Lock icon FALLS
      125 8 BY CENTS CLOSE DOWN GLD 10US$ ***** -192.7 -1.2 Great Eastern 1674 -21.0 -1.2 DBXT S&P Short 10US$ 2848 -18.9 -0.5 DBXT MSINDO 10us$ 1300 -15.1 -0.9 UOL 639 -14.0 -2.1 Lyxor Europe 10 US$ 1456 -11.3 -0.6 ChinaGaoxian 8.6 -10.4 -54.7 DBXT FTVietnam 10US$ 2238 -7.6 -0.3 Lyxor
      125 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
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      131 9 ADELTA m 8USI «SS Fl TE FLAT BEDS. EVERY DAY. EVERY FLIGHT. Period. No exceptions. End of story: All BusinessElite' seats on flights between Singapore via Tokyo-Narita to the U.S. are now with 180-degree full flat-bed seats ■r \Ne've designed the space with your comfort in mind to give you
      131 words
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  • Page 10 Advertisements
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      85 10 ■cj FM ■5^27 ‘■J e-'f. ‘--I Night r -x *r j n n 1 m seafood galore Enjoy a fresh selection of Maine lobster, mussels, oysters and more at The Pelican Seafood Bar 8c Grill along the charming One Fullerton. Tune in to Kiss92 to win your Girls’ Night Out
      85 words
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  • SINGAPORE NEWS
    • Article
      Lock icon HDB extends interim housing scheme to more
      481 11  -  Engaged couples can now apply for PPHS flats while waiting for their new ones By ONG CHOR HAO ongch@sph.com.sg MORE families now have the option to temporarily rent a Housing and Development Board (HDB) flat while waiting for their new one to be
      481 words
    • Article, Illustration
      Lock icon President Tan hails progress of S’pore-M’sia ties
      520 11  -  By PAULINE NG in Kuala Lumpur SINGAPORE and Malaysia now have bigger stakes in each other’s success and will see greater cooperation across many fields as a result of improved relations, Singapore President Tony Tan Keng Yam said during a state visit to
      PHOTO: LIANHE ZAOBAO  -  520 words
    • Article, Illustration
      Lock icon Racing against Button on Orchard Rd
      174 11  -  By ARTHUR LEE arthurl@sph.com.sg BRITISH Formula One driver Jenson Button competed against three students on Orchard Road yesterday. Racing eight-inch (20-cm) long, radio-controlled cars on a model racetrack outside ION Orchard, the competitors crashed their vehicles onto the barriers on several occasions. Some 22
      PHOTO: ARTHUR LEE  -  174 words
    • Article, Illustration
      Lock icon 3 HURT BY FALLING CEILING AT JEM
      81 11  -  By MINDY TAN THREE individuals suffered minor injuries after the first-floor ceiling of Jem mall collapsed last night, due to a burst water pipe. According to eyewitnesses, maintenance officers rushed to stop the flow of water. Last month, three employees manning the Ready-to-Eat
      81 words
    • Article
      Lock icon Lanxess pushing ahead with S’pore project
      432 11  -  By RONNIE LIM ronnie@sph.com.sg DESPITE the slump in global car markets, Germany’s Lanxess is pushing ahead with three key global investments serving the mobility megatrend, including a 200 million euro (S$335.9 million) Nd-PBR plant here, marking its second project in Singapore. Chairman and chief
      432 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon KL may hike gaming taxes to cut deficit: RHB
      550 12 But HLIB points out sector contributes only 0.9% of nation’s total taxes, making hike unlikely [PETALING JAYA] A tax hike may be in the works for the gaming sector in the upcoming Budget 2014 for Malaysia, especially with the government hoping
      PHOTO: BLOOMBERG  -  550 words
    • Article
      Lock icon Ramsay Sime Darby eyes six more hospitals
      405 12 It may spend up to RM1.8b over 5 years in expansion drive [KUALA LUMPUR] Ramsay Sime Darby Health Care (RSDHC) may spend as much as RM1.8 billion (S$701.4 million) over five years to add some muscle to its planned expansion drive. RSDHC is
      405 words
    • Article
      Lock icon Indonesia must lower cocoa import duties: minister
      376 12 Reuters [JAKARTA] Indonesia needs to lower its cocoa bean import duties to help ward off a possible shortage of the raw chocolate ingredient in 2015 after a successful drive to increase domestic grinding capacity, the country’s deputy trade minister said yesterday. Cocoa grindings
      Reuters  -  376 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Tycoon sees threat to HK from China zone
      633 13 Li Ka-shing also says calls for democracy may damage city’s economy, reputation Bloomberg [HONG KONG] Li Ka-shing, Asia’s richest man, said Hong Kong needs to raise its competitiveness if it wants to avoid losing out to Shanghai, where China is setting up
      Bloomberg; PHOTO: AFP  -  633 words
    • Article
      Lock icon All eyes on RBI governor’s first policy meeting
      595 13 He is expected to debut cautiously and focus on inflation AFP [NEW DELHI] India’s new central bank governor will be under intense scrutiny when he chairs his first policy review tomorrow faced with the “impossible trinity” of a weak rupee, rising inflation
      AFP  -  595 words
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      430 13 n rr% ImH m r r WZj :> w** m ?LL %Jk Wt'fh m Actual view from 111 Emerald Hfll Invest in the World’s No. 1 City with the best investment potential* in ST» m tj0 E9 1 A I Si* ■a®'S« IBWLJJL. m 11 mn ms ii r. iw
      430 words
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  • WORLD
    • Article, Illustration
      Lock icon Portugal becoming Europe’s Florida
      341 14 Generous tax breaks and low property prices draw retirees AFP [LISBON] Portugal is luring increasing numbers of European retirees seeking the easy life in the sun, thanks to generous tax breaks and low property prices as the debt-laden country sweetens the deal. “Many British, German and
      AFP; PHOTO: AFP  -  341 words
    • Article, Illustration
      Lock icon Dimon shows way out of legal morass in staff memo
      544 14 Says JPMorgan has begun to ‘simplify our business and refocus our priorities’ WP WASHINGTON, Facing an unprecedented level of legal and regulatory battles, JPMorgan Chase is spending billions of dollars to clean up its problems, according to a memo obtained
      WP  -  544 words
    • Article
      Lock icon IMF warns against cutting fiscal deficits too quickly
      213 14 Bloomberg [WASHINGTON] Countries should observe “speed limits” and avoid narrowing fiscal deficits too quickly, even when they face pressure from investors justifying a large debt reduction, according to International Monetary Fund staff. “As we have seen for some euro-area members, countries in
      Bloomberg  -  213 words
    • Article, Illustration
      Lock icon US economic growth fails to lift median household income
      634 15 Income gains since end of recession have accrued mostly to the top earners [WASHINGTON] Despite the addition of more than two million jobs last year, soaring corporate profits and continuing economic growth, income for the typical US household did not rise
      PHOTO: BLOOMBERG  -  634 words
    • Article
      Lock icon Aussie firms outsourcing work to NZ
      530 15 They stand to save 30% by moving jobs across Tasman Sea Reuters [WELLINGTON] When Australian customers of Quickflix ring the online video rental and streaming service’s support centre, the voice at the other end of the line sounds reassuringly familiar. That’s because the person
      Reuters  -  530 words
    • Article
      Lock icon Greek public sector goes on 2-day strike
      281 15 AP [ATHENS] Greek civil servants walked off their jobs yesterday at the start of a two-day nationwide strike protesting against planned job cuts required as part of the country’s international bailout. The strike affected all public services across Greece. Schools and courts will
      AP  -  281 words
    • Article
      Lock icon Global aluminium industry at odds over supply deals
      523 15 Re uters [GENEVA] The world’s top aluminium producers and consumers are at loggerheads over the thorny issue of what price, or premium, should be paid to secure metal deliveries, and will conclude fewer fixed-term supply deals this year, industry sources said. Producers
      Reuters  -  523 words
    • Article
      Lock icon Banks face fines for breach of safeguards
      590 16 EU’s anti-manipulation rules seek to mitigate conflicts of interest, cut risks of rate-rigging Bloomberg [BRUSSELS] Banks risk fines as high as 10 per cent of their yearly sales for failing to set up adequate safeguards to combat benchmark rigging, under European Union (EU)
      Bloomberg  -  590 words
    • Article, Illustration
      Lock icon Vacant homes reveal holes in Abe’s housing policy
      766 16 More homes are built as low mortgage rates spur demand Bloomberg [TOKYO] Broken wood pieces dangle and sway like autumn leaves from the window frames of vacant homes in Inariyato, part of Yokosuka in the greaterTokyo urban area, where taped-over mailbox slots
      Bloomberg; PHOTO: BLOOMBERG  -  766 words
    • Article
      Lock icon Japanese gold retailers expect purchase increase as sales tax rises
      655 16 Bloomberg [TOKYO] Japanese gold retailers are preparing for an acceleration in consumer purchases in the next six months if a planned increase in sales tax is carried out as part of the government’s policy to end deflation. Prime Minister Shinzo
      Bloomberg  -  655 words
    • Article
      Lock icon Greek economy lifted by strong tourist season
      371 16 Reuters [ATHENS] Strong spending by foreign visitors widened Greece’s current account surplus in July, confirming expectations that a bumper tourism season will help ease the debt-laden country’s recession this year. With domestic demand, investment and industrial output suffering amid an austerity-driven slump, spending
      Reuters  -  371 words
    • Article, Illustration
      Lock icon EU proposes new rules to rein in benchmark rigging
      554 18 Officials call for cross-country information exchange Reu ters [BRUSSELS] European Union regulators yesterday proposed new rules on how commodity price and interest rate benchmarks are set, but the plans are a paring back of original ambitions for greater EU oversight of
      Reuters  -  554 words
    • Article
      Lock icon SEC to unveil CEO pay-ratio rule for US corporations
      533 18 Reuters [WASHINGTON] US corporations will need to disclose how their chief executive’s paycheck compares to that of their average worker under a proposal set to be unveiled by the US Securities and Exchange Commission (SEC). The SEC’s CEO pay-ratio rule is
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      Lock icon Housing starts rise disappoints
      373 18 LATEST US DATA Reuters [WASHINGTON] US housing starts rose less than expected in August as multifamily activity slowed sharply, but a surge in permits to build single-family homes pointed to a sustained strengthening in the housing market recovery. The Commerce Department said yesterday that housing starts
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      Lock icon BOB votes against further stimulus as economy improving
      364 18 AP AFP [LONDON] Bank of England policymakers agreed at their last meeting that the British economy does not need a further stimulus following signs of improvement. The central bank’s Monetary Policy Committee (MPC) 9-0 to keep its key lending rate at 0.50
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    • Article
      Lock icon Wynn Resorts, Las Vegas Sands, MGM eyeing casino market in Japan
      502 18 Bloomberg [TOKYO] Wynn Resorts said it will consider investing more than US$4 billion in Japan casino resorts if it wins permission, joining Las Vegas Sands and MGM Resorts International in seeking expansion in the Asian nation. The three companies
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      72 14 Knowing your legal rights makes all the difference in your investment Buying property can be a stressful and complicated process. STProperty understands that and tries to keep it as simple straightforward as possible. For more information on legal matters, visit www.stproperty.sg/Legal f STProperty.SG STPropertySG A product of SPH, Singapore’s trusted
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      1446 15 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 CARUS WATER, SINGAPORE PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****2792M NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of CARUS WATER, SINGAPORE
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      159 15 IN THE MATTER OF COMPANIES ACT, CAP. 50 AND IN THE MATTER OF N.I.S. NEW INVESTMENT SOLUTIONS SINGAPORE PTE. LTD. REG NO. *****2635R (In Members’ Voluntary Liquidation) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50, that the Final General
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      35 16 sgCarMart ®UOTZ Made Simpler SELL YOUR CAR BY BIDDING! HIGHEST PRICE GUARANTEED! QUOfY. ■mmm. \A\GHtSTVK> m Online bidding by over 300 used car dealers! Call us now for a FREE Car Valuation 6744 7571 www.sgcarmart.com/quotz
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      270 16 Trading Currencies Can Be Easy... With The Right Mentor At Your Side. Take advantage of this rare opportunity to learn from Kathy Lien, one of the best known traders in the currency market. She will share with you EVERYTHING that she believes is important to know about the fundamentals. No
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      292 17 Best of Both Worlds humanc«P,TA L PEOPLE I NETWORK AND BE INSPIRED AT «ig on X. Ix'x FOR ASIA I ASIA'S LEADING HUMAN CAPITAL EVENT S 'J TE^ i', cnaaaaa THE BUSINESS TIMES SUBSCRIBE TODAY BBT ONLINE BBT HOME DELIVERY The Business Times Raffles Conversation ~r k -1* Mil The
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      43 18 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY SINGAPORE INTERNATIONAL DEEPAVALI SHOPPING FESTIVAL KICKS OFF AT EXPO TRANSWORLD GROUP SINGAPORE CEO: tabla! IS MY FIRST READ EVERY FRIDAY GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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      67 18 HOT PROPERTY Tmk UNIVERSITY WALKkitchen, open $10k. 4 hul1 c °mm. Semi-d, 5 Res! 4+1 s/pool/ seciirfh, k?„ 6 4 leVl y Vpool/secu ritv S’ 4 ,eve,s/ mall. Immed y Vena MRT NAMLY GR p-srv h 1 world charm P bg j w old CENTRAL HOUSES FOR RENT Check this
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  • TRANSPORTATION
    • Article
      Lock icon Westports IPO likely to raise RM2.03b
      265 19 Listing will be Malaysia’s biggest this year Bloomberg [KUALA LUMPUR] The initial public offering (IPO) of Westports Malaysia Sdn, the main terminal operator at one of the country’s biggest ports, is poised to raise as much as RM2.03 billion ($783.4 million), said two sources
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      Lock icon Spectre of flight delays as FAA mulls furloughs
      861 19 Bloomb erg [WASHINGTON] Flight delays caused by air-traffic controller furloughs are at risk of recurring as the Federal Aviation Administration considers sending workers home without pay during the next fiscal year amid a funding shortfall. FAA officials have told aviation industry officials
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    • Article
      Lock icon TRANSPORT STOCKS
      239 19 SGX '000 Sep 18 S$ +/-Vol CH Offshore '000 Chuan Hup Hldg 0.27 unch 116 Cosco Corp 0.82 unch 2961 CWT Ltd Vol Ezra Hldgs 1.23 0.03 ***** First Ship Lea 0.10 unch 298 Freight Links 106 Grand Banks unch unch 0 Jaya Hold Ltd 0.67 -0.01 724
      239 words
    • Article
      Lock icon US Navy officer, S’pore supplier accused of graft
      397 19 Glenn allegedly gave bribes, provided prostitutes for ships’ classified information Bloomb erg [LOS ANGELES] A US Navy commander, a Naval Criminal Investigative Service (NCIS) agent and a Singapore- based provider of services to American ships in Asia have been charged in a
      Bloomberg  -  397 words
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      Lock icon Local winners head for World Final
      321 19  -  By JUSTINE MOSS AFTER 18 holes of play on Sentosa Golf Club’s Serapong golf course in the National Final last Saturday, one amateur golf pair was crowned winners of the Audi quattro Cup 2013 Singapore series. They will next head to Trump National Golf
      321 words
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      20 19 www.omy.sg i i i VISUAL ORIGINALITY X-FACTOR W r,-t yzone.omy.sg w Download omy Apps o omy News iOSAppStore Google Play
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      32 19 u 0 T SMAPORES 1 HOT “>rre!T WTS LIGHTNING STRIKES CATCH THE ALL NEW NISSAN HOT FM91.3 THUNDER TRUCK TUNE IN TO HOT FM91.3 FOR MORE INFO WWW.HOTFM.SG I FACEBOOK.COM/HOTFMSG 3* HOTFMSG
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  • Page 19 Miscellaneous
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      362 19 CRYPTIC CROSSWORD Across 1 The old man has got hold of a wonderful cure (7) 5 Professional word of a particular type that conveys wisdom (7) 9 Fruit captured by capable monkey (5) 10 Demure, needing to get with it, I have to be Methodist (9) 11 Legal document for
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  • EDITORIAL & OPINION
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      Lock icon Sobering messages from global rankings
      478 20 EDITORIAL FOR the third straight year, Singapore has emerged second, behind Switzerland, in the World Economic Forum’s (WEF) country competitiveness report that was released two weeks ago. In comparison, the rival rankings by business school IMD, unveiled mid-year, has Singapore in fifth spot down from
      478 words
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      Lock icon Abe needs to move away from image of infallibility
      870 20  -  THE BOTTOM LINE ANTHONY ROWLEY Tokyo Correspondent IF one had to find a single word to describe Japanese Prime Minister Shinzo Abe and his record in office this year, it would probably be “smooth” or perhaps “controlled”. The two actually go
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      Lock icon New deal needed for financial services
      1154 20  -  The West must have a system which incentivises positive behaviour in the sector By DAVID PITT-WATSON The writer is executive fellow at London Business School IT IS five years since the collapse of Lehman Brothers. Since then there has been much activity aimed at
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      Lock icon Making mergers and acquisitions work
      1434 21  -  People issues, such as cultural and employee concerns, are usually the make-or-break elements of deal success in Asia By SCOTT BURNETT The writer is managing director, South-east Asia head of client development, Asia Pacific, Towers Watson ASIAN companies are very active in mergers and acquisitions
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    • Article, Illustration
      Lock icon Different scenarios in Germany’s elections
      847 21  -  By NEIL DWANE, MATTHIAS BORN and RALF WALTER The writers are respectively CIO Equity Europe and senior portfolio managers, Allianz Global Investors WITH the German federal elections scheduled for this Sunday, current polls indicate that the most likely election result is a return to power
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  • Article
    Lock icon SHIPPING TIMES
    1366 22 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE
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      50 22 PLACE YOUR AD HERE THE BUSINESS TIMES Shipping times CALL JOE WONG AT 9620 1327 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE the business times Shipping Times FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? II
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3333 23 Transaction date: Sep 18 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 15 11.9 8Telecom Vol Day Last Quote Div Gr Yld Net M Cap High Low Company 75 57 ASL Marine
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      Lock icon SGX CATALIST
      240 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 2.4 1.3 t Advanced System 1.5 unch 4000 1.5 1.5 1.5 1.6 23.8 Last Quote Div Gr Yld Net M Cap High
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      Lock icon UNIT TRUST & FUNDS
      10962 24 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FuncTCI A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** Asian Local Ccy SD Bond Aberdeen Asset Mgt Asia Limited American Opp EM Local Ccy Bond 1.9152/ China Opportunities 9284/ FM local Cry Bond 0 9199/ Furopean
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      Lock icon GLOBALQUOTE
      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 $mil 59 27 AVJennings A57.5 +2.5 15 57.5 55 55 59 3.6 6.1 4.7 212.9 52 31 Genting HK US$ US40.5 unch 5242 41 40 40.5 41 2666.7
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      Lock icon SGX ETF
      847 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 $mil Low 143 125 CIMB APAC Div 100S$D 135xd 128.6 129.5 114.4 99.2 CIMB APAC Div 100US$ US102.9xd 102.6 103.3 10.8 1510 1192 CIMBASEAN40 100S$D 1339 1329
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      600 25 Sep 18 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.55 *****.97 *****.41 Dec13 *****.00 *****.00 *****.00 *****.00 ***** *****6 Mar14 *****.00 26 91 MSCI TAIWAN INDEX FUTURES SPOT 291.97 292.60 289.92 Sep13 292.00 293.20 289.70 290.20 ***** *****3 Oct13 291.70 292.90 289.10 290.20
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 25 In local curr In S$ In US$ dy yr dy yr dy yr Sep 17 Index Change Change Change Change Change Change World Preliminary 1104.4 0.0 17.7 0.0 19.2 0.0 15.5 EAFE Preliminary 904.5 -0.3 16.8 -0.5 15.7 -0.5 12.1 Europe Preliminary 1291.7 -0.4 12.6
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      Lock icon INTERBANK CROSS RATES
      471 25 Sep 18 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.964 5.731 0.701 7.260 59.129 107.805 0.928 10.129 3.031 1.137 98.934 40.755 1.179 9.205 0.867 27.841 29.684 0.588 0.936 Canada 1.038 5.947
      471 words
    • Article
      Lock icon SIBOR
      51 25 Sep 18 (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$) 1 mth 1 mth 2 mths 2 mths 0.***** 3 mths 9 mths 12 mths Source: Thomson
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      Lock icon GOVERNMENT SECURITIES
      90 25 Sep 18 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 19-Sep-13 0.24 6-Month BS*****F 21-Mar-14 0.28 1-Year BY*****H 02-May-14 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-15 99.98 100.02 100.02 5-Year N*****0T 0.5
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    • Article
      Lock icon PRECIOUS METALS
      136 25 Sep 18 GOLD(US$/oz) Sep 18 Sep 17 Hong Kong 1312.00 1326.00 Sep 17 Sep 16 London 1310.91 1317.19 1311.86 1318.06 Source: Thomson Reuters CAST BAR Sep 18 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 118 52 5gm 335 262 10gm 599 524
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    • Article
      Lock icon PALM OIL
      57 25 Sep 18 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 13 2346.0 2363.0 2348.0 2328.0 730 9482 Nov 13 2351.0 2358.0 2351.0 2322.0 6203 ***** Dec 13 2348.0 2355.0 2348.0 2320.0 ***** ***** Jan 14 2342.0 2355.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 25 Sep 18 Sep Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1793 1.1796 0.9362 0.9363 Canadian dollar 1.2237 1.2244 0.9718 0.9714 Euro 1.6818 1.6825 1.3351 1.3354 NZ dollar 1.0370 1.0379 0.8232 0.8238 Sterling pound 2.0061 2.0068 1.5925
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    • Article
      Lock icon CHICAGO BOT
      109 25 Sep 17 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 13 1342.50 1348.25 1366.50 1332.00 Jan 14 1343.00 1348.25 1365.00 1332.00 Mar 14 1325.00 1322.00 1338.25 1314.00 May 14 1299.00 1294.50 1309.00 1288.25 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Oct 13
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      Lock icon LIFFE
      95 25 Sep 17 COCOA (£/tonne) Close Prev High Low Dec 13 1705 1722 1727 1699 Mar 14 1682 1695 1699 1676 May 14 1676 1689 1693 1671 Jul 14 1671 1683 1686 1668 COFFEE(US$/tonne) Close Prev High Low Sep 13 1656 1700 1705 1703 Nov 13 1681 1730 1731 1660
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1141 25 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 37 -0.5 622 0.0 5 -88 58 Asia-Pacific Strategic W*****6 Ratio Exer Albedo Limited W*****9 Prem Disc Ascendas REIT.ES.1309 Expiry Ascendas Reit MB ECW*****3 3.2 0.2 240 6
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 25 CRUDE OIL PRODUCTS Sep 17 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.52 -1.68 WTI (Near Mth) 105.28 -1.02 Dubai (1-Mth F) 105.92 0.52 Tapis blend 118.63 -0.05 Minas 110.43 -0.05 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 102.89 -1.72 Jet Kerosene 123.44 -1.07 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 25 Sep 18 S$ Bid Offer 1-month 1.2597 1.2599 2-months 1.2596 1.2598 3-months 1.2595 1.2597 6-months 1.2592 1.2595 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      66 25 Sep-17 Sep-17 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1730.75 1735.50 3 months 1777.50 1782.00 Copper, Grade A(US$/tonne) Cash 7047.25 7055.50 3 months 7075.00 7085.00 Lead(US$/tonne) Cash 2016.00 2028.00 3 months 2042.00 2053.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 25 As at 9am Sep 18 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.204 1.147 Can dollar 1.245 1.198 Euro 1.722 1.640 Sterling pound 2.041 1.963 NZ dollar 1.059 1.019 US dollar 1.286 1.225 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      154 25 Sep 18 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.05 US$ Offer Bid 7 days 0.20 0.10 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.50 0.30 9 months 0.60 0.40 12
      154 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Fairfax estate could fetch over A$100m
      1114 26 Australia’s most expensive house sale comes amid forecast of home-price jump Bloomberg [SYDNEY] A Sydney harbourfront estate, set on six land titles, is on the market in what could become Australia’s most expensive house sale ever, amid forecasts prices in the city could soar
      Bloomberg; PHOTO: BLOOMBERG  -  1,114 words
    • Article, Illustration
      Lock icon Major China cities post biggest rise in new home prices since Jan 2011
      756 26 Guangzhou leads with 19% leap in August prices: statistics bureau Bloomb erg [SHANGHAI] New home prices in China’s four major cities last month rose the most since January 2011, led by a 19 per cent jump in
      Bloomberg; PHOTO: REUTERS  -  756 words
    • Article
      Lock icon Househunt
      159 26 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN AUG 21 AND AUG 27, 2013 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 9 NON-LANDED Yong An Park Apt 22/08/2013 FH 3434 6380 1858 District 10 NON-LANDED Kellock Lodge Apt
      159 words
    • Article, Illustration
      Lock icon Versace Miami home sold for US$41.5m
      642 28 Casa Casuarina bought by group including owners of Jordache Enterprises Bloomberg [MIAMI] Casa Casuarina, the 10-bedroom Miami Beach mansion where fashion designer Gianni Versace was shot and killed, sold at an auction on Tuesday for US$41.5 million to a group including the owners of
      Bloomberg; PHOTO: REUTERS  -  642 words
    • Article, Illustration
      Lock icon Debunking wrong ideas about DC rates
      1589 29  -  The idea of the government using such rates to effect a particular outcome in the market is ill-conceived COMMENTARY By LEE HON KIUN The writer is director of Landmark Property Advisers Pte Ltd THERE has been extensive media coverage on the bi-annual revision of
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    • Article
      Lock icon STProperty launches free analytics tool
      260 29  -  Users will be able to verify data, conduct price comparisons By MINDY TAN tanmindy@sph.com.sg [SINGAPORE] STProperty has launched a free analytics tool that allows users to delve into the transaction and rental history of projects they are interested in as well as conduct profitability analysis.
      260 words
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      557 27 LONDON’S PREMIER LANDMARK TOWER WORLD EXCLUSIVE LAUNCH III H I II I lu. ONE BLACKFRIARS LONDON J1. m.i If r- ii ■■■mi m ttefSSS: WIHI Wl lihirili'rm !~7n rTirT't rr r i*. a ISTBrl« iuvswi- "T ,'*W s 4f I i :.j i lb i ii ft' E i Ss
      557 words
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      583 28 THE AVENUE AT BINTANGINDAH (Iskandar) FREEHOLD THE AVENUE SENAI JOHOR PREMIUM OUTLETS Bll i.ne hi 15 MINUTES FROM THE CAUSEWAY TESCO KEMPAS SPECIALIST HOSPITAL PROPOSED GRAND SENTRAL T JOHOR BAHRU NUSAJAYA LEGOLAND MEDINICITY SECOND LINK Individual land title to each of 26 lots WOODLANDS CHECKPOINT 394,839 sq ft (9 acres)
      583 words
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      Lock icon Page 28 Advertisements Column 2
      127 28 FOR LEASE BRAND NEW LIGHT INDUSTRIAL AT ALJUNIED Sharon Chan ro278sid 9112 2063 TOP soon 5 mins walk to Raya Lebar MRT Near amenities Sizes: 9,000 to 80,000 sq ft (approx.) High ceiling Dominic Peters R*****1G 9825 2101 www.savills.com.sg I savills CITY-FRINGE FREEHOLD DEVELOPMENT SITE TA r Provisional Permission granted
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      Lock icon Page 28 Advertisements Column 3
      274 28 Building Wealth Through Global Property Investment We help our clients identify opportunities, BUILD PORTFOLIOS AND HELP THEM MAXIMIZE THEIR WORLD-WIDE ASSETS WITH MINIMAL RISKS. -,i t..l5=r=:— -asB >i n i nr rjFr* -■T’’ *i INCOME GENERATING ASSETS 'Benefitfirom secure and regular income returns plus long-term asset appreciation> Commercial Buildings in
      274 words
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      Lock icon Page 29 Advertisements Column 1
      109 29 Large Industrial Site with Wide Frontage Site area approx. 316,292 sq ft Existing GFA approx. 136,050 sq ft MP 2008 zoned ‘B2’ PR 1.4 Tenure LH 30 years from 1 January 2011 Long frontage approx. 250 meters Close to the new Gul Circle MRT Station (under-construction) Tender Closing: Thursday, 3
      109 words
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      Lock icon Page 29 Advertisements Column 2
      340 29 ■I 1A Singapore Based Boutique Real Estate Broker Focusing On Commercial Real Estate In Central Region Of Singapore Regional Cities 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 F&B Outlets Within Central Area
      340 words
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      Lock icon Page 29 Advertisements Column 3
      197 29 seven crescent FREEHOLD LUXURY STRATA LANDED BUNGALOWS r ii i i n uw 1 i f'ij[ ff/t m ■L I fi n: B t-.-i i. S3 The best of luxury living in the east With 4 bedrooms plus ensuite baths, luxurious finishes and fittings, two dedicated carpark lots, and a
      197 words
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      70 30 ■y UNIT 01-48, PARAGON, TEL. 65.6738.3323 LEVEL 1, TAKASHIMAYA DEPARTMENT STORE TEL. 65.6738.2212 m H O N--. v T n •A o -a. -Vz HP •A P5 U#-, V X I I i i m n V V55! N A L I ‘i Vi V>: I Sk s :T, Iw&s&k
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