The Business Times, 5 October 2013

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Microfilm: NL32848
Total Pages: 41
1 16 The Business Times
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  • Title Section
    Lock icon Masthead
    20 1 weekend THE BUSINESS TIMES www.businesstimes.com.sg OCTOBER 5-6, 2013 S$1 .00 l MCI (P) O86/08/2013 Sfh A SINGAPORE PRESS HOLDINGS PUBLICATION
    20 words
  • Article
    Lock icon China, M’sia agree to boost ties
    39 1 AUGMENTING LINKS THEY aim to increase military cooperation and nearly triple two-way trade to US$160 billion by 2017, as China President Xi Jinping visits Malaysia ahead of the Apec summit in Indonesia. 2
    39 words
  • Article
    Lock icon Blumont aborts $146m acquisition
    32 1 BACKING OFF THE deal is off after just 12 hours of being announced because commercial terms have been ‘materially and adversely affected’ by trading in Blumont shares. 3
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  • Article
    Lock icon Twitter sets out for US$1b IPO
    30 1 GOING PUBLIC THE social media site’s filing with the US Securities and Exchange Commission reveals an implied internal valuation of about US$9.7 billion. 4
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  • Article
    Lock icon HK tycoon’s wealth up US$10.2b
    39 1 MAKING STRIDES GALAXY Entertainment Group founder Lui Che-Woo is piling it up, as Macau draws record gaming revenue and his company shares hit a new high, to become Asia’s second-richest after Li Ka-shing. 6
    39 words
  • Article, Illustration
    Lock icon Dollar stocks built on penny towers in ruins
    1232 1  -  SGX suspends 3 of 6 firms it queries after their counters plummet overnight BY Angela Tan, Kenneth Lim angelat@sph.com.sgkenlim@sph.com.sg Singapore Singapore THEY started out as penny stocks, one small coin being stacked atop another, but at such a head-turning pace that in
    FILE PHOTO; Source: Bloomberg  -  1,232 words
  • Article, Illustration
    Lock icon High Court overturns Thomas Tay’s convictions under SFA
    874 1  -  By Michelle Quah michquah@sph.com.sg Singapore EIGHT years after he was first investigated and six years after he was sentenced, former Airocean CEO Thomas Tay saw his convictions under the Securities and Futures Act (SFA) overturned yesterday. Justice Choo Han Teck in the
    FILE PHOTO  -  874 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon China, Malaysia agree to elevate bilateral relations
      505 2 They aim to boost military cooperation, nearly triple two-way trade Reuters Kuala Lumpur CHINA and Malaysia agreed yesterday to elevate bilateral ties to a “comprehensive strategic partnership”, aiming to boost military cooperation and nearly triple two-way trade to US$160 billion by 2017. Chinese
      Reuters; PHOTO: AP  -  505 words
    • MARKETS
      • Article
        Lock icon STOCKS
        57 2 HSTI 3,138.08 (-6.71) HSTI FUTURES 3,138.00 (-6.00) HSIMSCI 359.48 (-0.55) HSIMSCI FUTURES 359.00 (-0.90) Friday Change KL COMP 1,776.56 +5.19 NIKKEI 225 14,024.31 -132.94 HANG SENG 23,138.54 -75.86 SET 1,427.72 -1.46 JAKARTA 4,389.35 -29.30 MANILA 6,390.48 +2.83 KOSPI 1,996.98 -2.49 SHENZHEN B Closed MUMBAI IND 19,915.95 +13.88 12noon EDT
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      • Article
        Lock icon PRIME RATES
        29 2 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.666 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 3.00 SWITZERLAND 0.50 INDIA 14.55 Source: Bloomberg
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      • Article
        Lock icon FOREX
        49 2 FOREX US$ S$ US$ (S$ per US$) 1.246 (US$/S$ per 1.612 2.009 EURO(US$/S$/€ 1.362 1.697 Foreign currency per US$ S$ YEN 97.10 77.90 RM 3.179 2.550 HK$ 7.754 6.222 BAHT 31.30 25.11 RUPIAH 11,528 9,249 RENMINBI 6.122 4.912 INDIAN RUPEE 61.33 49.21 A$ 1.060 0.851 NZ$ 1.205 0.967
        49 words
    • Article
      Lock icon Blumont scraps $146m bid for Cokal as shares dive
      565 3  -  Blumont shares plummet 59% in the morning before SGX suspends trade By Teh Shi Ning tshining@sph.com.sg Singapore BLUMONT Group has called off plans to buy Austral-ia-listed Cokal Ltd for $146 million, for now, after its shares came crashing down to earth
      565 words
    • Article, Illustration
      Lock icon Tweet cashout: #Twitter plans US$1b #IPO
      1109 4  -  Its filing with the US Securities and Exchange Commission reveals an implied internal valuation of about US$9.7b By Joyce Hooi joyceh@sph.com.sg Singapore TWITTER, the Internet’s megaphone and proxy for social standing, has aptly bared all as it plans to go public and raise up
      Source: Twitter; BT Graphics: Gareth Chung, Joyce Hooi  -  1,109 words
    • Article, Illustration
      Lock icon Tycoon’s wealth grows US$10.2b this year
      629 6 Galaxy Entertainment Group founder Lui Che-Woo reaps as Macau draws record gaming revenue Bloomberg Tokyo GALAXY Entertainment Group Ltd founder Lui Che-Woo’s wealth has leaped by US$10.2 billion this year –and US$1 billion in just one day on Thursday as Macau draws record gaming
      Bloomberg; PHOTO: BLOOMBERG  -  629 words
    • Article
      Lock icon PM Lee headed for Apec meetings in Bali
      433 7  -  He’ll speak at Apec CEO Summit tomorrow and meet other Apec leaders for regular 2-day retreat from Monday APEC CEO SUMMIT Reports by Lee U-Wen leeuwen@sph.com.sg Bali PRIME Minister Lee Hsien Loong will make his way to Bali today for the annual
      433 words
    • Article, Illustration
      Lock icon Region’s biz leaders ready to meet Apec leaders
      574 7 BUSINESS leaders from Singapore and the region have wrapped up their three-day meeting in Bali and are all set to meet with leaders of the Asia-Pacific Economic Cooperation (Apec) forum on Monday. This is an annual dialogue session where the Apec Business
      PHOTO: KUA CHEE SIONG/THE STRAITS TIMES  -  574 words
    • Article
      Lock icon US shutdown forces Obama to scrap Bali, Brunei visits
      455 7 THE continued stalemate between the Democrats and Republicans over the United States budget talks has scuppered President Barack Obama’s plans to fly to Asia this weekend. As the US government shutdown dragged into a fourth day yesterday, the White House confirmed
      455 words
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      51 2 CONTENTS NEWS Top Stories 2-7 Raffles Conversation 8-9 Companies 10-13 S’pore Markets 12 Singapore 14-15 From The Desk of 16 World 17-20 Stocks Stats 21-25 Perspective 26-27 Crosswords 27 Wealth 28-31 Househunt 30 LIVING Dining L2-5 Style L6-7 Travel L8-9 Wellness L10-11 Health L12 Motoring L13-14 Golf L16 Real Estate
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      188 3 M f r a n Hwa Chong international school A MEMBER OF THE HWA CHONG FAMILY OF SCHOOLS Internationalism Innovation Independence at 'V' .j •i r i r W ll V f IS I l/l/e are a /oca/ international high school offering a six-year programme that prepares students for the
      188 words
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      26 5 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. ESAT3 NOTICES
      26 words
    • Advertisement
      Lock icon Page 5 Advertisements Column 2
      49 5 B2 DefacKed fictoryi@,D22 Land: 63,000 sq'feet'* Built Up: 52,00dsqleeta Tenure: Balance 37 years^®fc^,^ fOVv -1 mi i t i JERRY LUM Snr Marketing Director, MBA, CES CEA Licence No.: R *****6 D HP: 8288 0098 View: jerrylum.myweb.sg ERA Estate Agent Licence No L*****82K When You Buy, Sell, or Rent
      49 words
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      Lock icon Page 6 Advertisements Column 1
      56 6 HOT PROPERTY terraceJkm Tao Nan 6 TOOf BELOW VALNi~pa7u”7 999yrs 3+1 J 1 M h Grove Bright oreenpr?/- b,g rms $1.5xM. 9 y v,e w. MRT Sl2xx P sf ath C mall APARTMENTS FOR SALE Check this and many other properties in CATS Classified in The Straits Times now! WATS
      56 words
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      32 6 I T SMAPORES I HOT «°msr I ms LIGHTNING STRIKES CATCH THE ALL NEW NISSAN HOT FM91.3 THUNDER TRUCK TUNE IN TO HOT FM91.3 FOR MORE INFO WWW.HOTFM.SG FACEBOOK.COM/HOTFMSG I 3* HOTFMSG
      32 words
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon In full flight
      2447 8 / 9  -  One of Fortune magazine’s 50 Most Powerful Women in Business, Marillyn A Hewson, CEO of Lockheed Martin, holds her own as a woman leading one of the world’s largest defence contractors. By Nisha Ramchandani nishar@sph.com.sg IN January this year, Marillyn A Hewson was poised to take on
      PHOTO: ARTHUR LEE  -  2,447 words
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  • COMPANIES
    • Article, Illustration
      Lock icon BreadTalk lays out ambitious expansion plans
      570 10  -  $67m international HQ officially opened By Andrea Soh sandrea@sph.com.sg Singapore BREADTALK wants to more than double its revenue to $1 billion by 2016, and to have more than 2,000 outlets across its business segments by 2018. The mainboard-listed group behind Toastbox eateries, Food Republic
      PHOTO: NEO XIAOBIN/THE STRAITS TIMES  -  570 words
    • Article
      Lock icon GIC trims stake in Malaysia’s Sunway
      104 10 Bloomberg Singapore SINGAPORE’S sovereign wealth fund GIC Pte said that it is selling a stake in Malaysian property development and construction company Sunway Bhd. The block sale is part of GIC’s regular rebalancing of its portfolio, the state fund said in an e-mailed statement
      Bloomberg  -  104 words
    • Article
      Lock icon CAAS annual surplus rises 15% to $131.15m
      510 10  -  By Nisha Ramchandani nishar@sph.com.sg Singapore THE Civil Aviation Authority of Singapore’s (CAAS) surplus for the year ended March 31, 2013 rose 15 per cent year-on-year to $131.15 million, boosted by higher income from air navigation service charges, aviation levy and ground rent. After
      510 words
    • Article
      Lock icon Few S’pore O&M firms gain as Indonesia increases oil production
      622 11  -  Cabotage law, which protects jobs in the sector for Indonesians, to include shipyards By Malminderjit Singh msingh@sph.com.sg Singapore INDONESIA will be increasing its oil production over the next few years but only a few offshore marine players here can benefit
      622 words
    • Article
      Lock icon Room for improvement in corporate governance
      512 11  -  By Malminderjit Singh msingh@sph.com.sg Singapore CORPORATE governance standards in Singapore are high, and have become a model for the region on issues such as transparency and accountability. But there is still room for improvement, and one of the challenges for Singapore is to maintain
      512 words
    • Article
      Lock icon Indofood offer ‘not fair but reasonable’
      276 11  -  By Teh Shi Ning tshining@sph.com.sg Singapore INDOFOOD’S $1.12 a share general offer for China Minzhong is “not fair but reasonable”, said the independent financial adviser appointed by China Minzhong’s directors. PricewaterhouseCoopers Corporate Finance (PwCCF), whose recommendations the directors have adopted, said the offer was
      276 words
    • Article, Illustration
      Lock icon Big selldown of chippies ends party
      566 12  -  STOCKS| Ven Sreenivasan ven@sph.com.sg Senior Correspondent ALL parties have to end and for many Singapore-listed penny and former penny stocks referred to by some brokers as “chippies” that end came dramatically yesterday. These “chippies” suffered huge selldowns during a session when speculative money scrambled
      566 words
    • Article
      Lock icon Brokers await T+3 to assess exposure
      265 12  -  By Kenneth Lim kenlim@sph.com.sg Singapore BROKERAGES in Singapore will be on tenterhooks over the next few days as they wait to assess the fallout from the surprise suspension yesterday of three high-volume stocks, market sources said. Of particular concern are contra positions, in which
      265 words
    • Article
      Lock icon TOP 20 ACTIVES
      160 12 VOL CLOSE Innopac 670,050 6.5 -7.3 -52 9 IPCO I ntl 564,134 2.8 -0.4 -1 2 5 Albedo 242,433 4 -0.9 -1 8 4 YHM 206,277 5.6 -0.3 -5 1 HanKore 172,742 7.2 -0.4 -5 3 Metech I nt 149,691 2.2 -0.5 -1 8 5 S i
      160 words
    • Article
      Lock icon STI STOCKS
      111 12 Stock name Close Change CapMallsAsia 1.930 -0.015 CapitaLand 3.060 -0.020 CapitaMall 1.945 -0.010 CityDev 10.11 -0.140 ComfortDelGro 1.915 -0.025 DBS Grp 16.26 +0.030 GLP 2.860 -0.080 Genting SP 1.425 Golden Agri 0.525 HK Land 6.320 -0.210 HPH Trust US$ 0.775 -0.005 JMH 53.90 +0.400 JSH 33.76 +0.160 Jardine
      111 words
    • Business briefing
      • Article
        Lock icon Wee Hur seeks refund of Thomson View deposit
        103 12 AS the sellers have decided not to appeal the High Court’s decision to void the $590 million en bloc sale of Thomson View condominium, the buyer, a joint venture between Wee Hur Holdings and Lucrum Capital, has also decided to unwind the
        103 words
      • Article
        Lock icon CordLife completes RM29.6m StemLife deal
        76 12 CORDLIFE Group yesterday completed its RM29.58 million (S$11.6 million) acquisition of a 19.92 per cent stake in the Bur- sa Malaysia-listed cord blood banking company StemLife Bhd. It issued eight million new Cordlife shares at $1.30 a share and made a cash payment of RM2.85
        76 words
      • Article
        Lock icon STA Engines to inject US$2.8m into TEAM
        119 12 ST Aerospace’s unit, ST Aerospace Engines (STA Engines), has agreed to inject its pro rata share of an additional US$2.81 million into the capital of Total Engines Asset Management (TEAM), a company it holds a 50 per cent stake in. This capital injection,
        119 words
      • Article
        Lock icon Hotel Grand Central to buy Novotel resort for A$10m
        71 12 HOTEL Grand Central (HGC), through its wholly owned subsidiary Hotel Grand Chancellor (Cairns) Pty Ltd, entered into an agreement on Thursday with third parties to acquire the Novotel Palm Cove Resort and its business for A$10 million (S$ 12 million). The
        71 words
    • Article
      Lock icon TOP GAINERS
      59 12 BY CENTS CLOSE UP DBXT Nifty 10US$ 9692 401.2 3.4 GLD 10US$ ***** 62.3 0.4 JMH 5390 49.8 0.7 IS MS India 100S$D 716 22.0 3.2 JSH 3376 19.9 0.5 CIMBAsean40 100US$ 1045 18.7 1.5 DairyFarm 1026 18.7 1.5 DBXT CSI300 10US$ 758 16.2 1.7 SIA 200 1030
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    • Article
      Lock icon TOP LOSERS
      55 12 BY CENTS CLOSEDOWN IS S&P500 ***** -168.2 -0.8 Asiasons 104 -166.0 -61.5 Blumont R 83 -117.0 -58.5 Blumont 88 -114.0 -56.4 Jardine C&C 3462 -94.0 -2.6 DBXT MSJAP 10US$ 4565 -71.0 -1.2 LionGold 87.5 -63.5 -42.1 DBXT S&P500 10US$ 2762 -26.2 -0.8 HK Land 632 -26.2 -3.2 DBXT
      55 words
    • Article, Illustration
      Lock icon Keppel O&M signs Mexican MOU
      385 13  -  It will jointly develop, own and operate a yard facility with Pemex Exploracion y Produccion and PMI Norteamérica By Malminderjit Singh msingh@sph.com.sg Singapore KEPPEL Offshore Marine (Keppel O&M) has signed a Memorandum of Understanding (MOU) with two Mexican oil majors, to jointly develop, own and
      385 words
    • Article
      Lock icon Singapore market a source of funds for junk bond issuers
      543 13 Reu ters Singapore COMPANIES in South-east Asia are looking at Singapore as a viable alternative for high-yield bond issues in amounts that would be too small for dollar investors. The push comes as so-called junk bonds became a predominant theme
      Reuters  -  543 words
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      76 11 DERRY BUSINESS CORP. *****56 (In Voluntary Liquidation) NOTICE is hereby given pursuant to Section 204 (1)(b) of the BVI Business Companies Act, 2004 that DERRY BUSINESS CORP. is in voluntary liquidation. The voluntary liquidation commenced on 30th September 2013 and Chiang Ching-Wei of Suite 1803-4 St. George’s Building, 2 Ice
      76 words
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  • SINGAPORE
    • Article
      Lock icon Feedback sought on charity via social media
      539 14  -  Commissioner of Charities looking to fine-tune regulation for fund-raising appeals By Kelly Tay kellytay@sph.com.sg AS MORE people use social media platforms to raise funds for individual causes such as appeals to offset a sick child’s medical expenses or an accident victim’s hospital bills
      539 words
    • Article, Illustration
      Lock icon CapitaLand donates $500,000 to improve kids’ nutrition
      299 14 TO COMMEMORATE Children’s Day yesterday, CapitaLand Hope Foundation (CHF) donated $500,000 to extend the reach of its Kids’ Food Fund programme to more children under a partnership with the People’s Association (PA). The donation will allow children beneficiaries to get at least one
      299 words
    • Briefing
      • Article
        Lock icon Scanteak, Neo Garden win top brand honours
        130 14 HOMEGROWN interior furnishings firm Scanteak and Neo Garden Catering took home double honours at the Singapore Prestige Brand Award (SPBA) held at the Ritz-Carlton Millenia last night. Scanteak emerged the overall winner for the Regional Brands Award category and was also voted the
        130 words
      • Article
        Lock icon YCH’s Robert Yap lauded for lifetime achievement
        93 14 YCH Group chairman and CEO Robert Yap was awarded the Lifetime Achievement Award for Logistics at the 5th World Chinese Economic Forum (WCEF) award ceremony on Thursday. First established in 2011, the award honours distinguished individuals who have made significant fundamental contributions to
        93 words
    • Article, Illustration
      Lock icon At US$55m, this would be any girl’s BFF
      545 15 L’Incomparable will be the flashiest item on offer amid other glitz at the Singapore JewelFest on Oct 11-20 Reuters Singapore FOR someone with US$55 million to spare on an egg-sized diamond, the world’s most expensive necklace is on sale this month at
      Reuters  -  545 words
    • Article
      Lock icon Pavilion a strong contender for LNG buyer role
      679 15  -  Small demand base, govt ownership make S’pore entity’s lead seem appropriate By Ronnie Lim ronnie@sph.com.sg THE possibility of Pavilion Energy, a Temasek Holdings company, winning the race to be Singapore’s next LNG aggregator or buyer “is extremely high”, said Facts Global Energy
      679 words
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  • FROM THE DESK OF
    • Article, Illustration
      Lock icon Now’s the time to rethink business continuity
      732 16  -  FROM THE DESK OF Taking advantage of technological advances in data protection is key to success Charles Clarke Technical director for Veeam Asia Pacific PRICEWATERHOUSECOOPERSlisted Singapore as the leading global business hub in the Asia-Pacific in its recent study as the best cities
      732 words
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  • WORLD
    • Article, Illustration
      Lock icon Dearth of data following shutdown hampers Fed
      551 17 Its policy makers are finding it harder to assess health of US economy Bloomberg Washington A DEARTH of economic data caused by the US government shutdown is making it harder for Federal Reserve policy makers to assess the health of the economy as
      Bloomberg; PHOTO: AFP  -  551 words
    • Article, Illustration
      Lock icon Indonesia in bid to set global tin price
      677 18 In challenge to LME, it requires tin to be traded on local bourse before export Bloomberg Jakarta INDONESIA, the world’s largest tin exporter, wants to displace the London Metal Exchange as the venue for setting the global benchmark by requiring that the
      Bloomberg; PHOTO: REUTERS  -  677 words
    • Article
      Lock icon M’sia’s 1st precious metal futures contract to start trading on Mon
      325 18 All players can now trade gold on Bursa’s derivatives exchange Kuala Lumpur MALAYSIA’S first precious metal futures contract, the Gold Futures Contract (FGLD), will start trading on Monday, allowing all market players, especially domestic retail investors, to trade gold
      325 words
    • Article, Illustration
      Lock icon BOJ chief voices concern over US govt deadlock
      613 19  -  Standoff could ‘destabilise financial markets and worsen sentiment’ if it goes on for a long time By Anthony Rowley btworld@sph.com.sg Tokyo AS Tokyo stock prices slid to a one-month low yesterday, Bank of Japan (BOJ) governor Haruhiko Kuroda added his voice to
      PHOTO: REUTERS  -  613 words
    • Article
      Lock icon Source code, customer data stolen by hackers: Adobe
      418 19 Firm’s clients have been urged to be on the alert for fraud Reuters Boston ADOBE Systems Inc said on Thursday that hackers had stolen source code to some of its most popular software and data about millions of its customers. Security experts
      Reuters  -  418 words
    • Article
      Lock icon Family offices bet on frontier markets
      510 20 Investments in Africa, Latin America, Asia; private equity funds, with appealing returns, favoured Reuters London WITH deep pockets and long time horizons, and perhaps even a desire to do good, some of the world’s wealthiest families are investing in risky African and other frontier
      Reuters  -  510 words
    • Briefing
      • Article
        Lock icon Samsung’s Q3 operating profit rises to about 10.1t won
        128 20 Bloomberg Seoul Samsung’s strategy of selling smartphones at every price point spurred record earnings at Asia’s biggest technology company and helped push Taiwanese competitor HTC to its first-ever quarterly loss. Samsung’s third-quarter operating profit rose to about 10.1 trillion won (S$11.7
        Bloomberg  -  128 words
      • Article
        Lock icon ICBC to invest in new business district at Manchester airport
        105 20 Reuters London China’s biggest bank by assets will invest in a new business district to be built at Manchester airport, Britain’s third busiest airport, possibly auguring more Chinese investment in the UK, the Financial Times reported. Industrial and Commercial Bank
        Reuters  -  105 words
      • Article
        Lock icon Swiss regulator probing firms over likely forex manipulation
        110 20 Bloomberg London Switzerland’s financial markets regulator said it’s investigating “several” firms over the possible manipulation of the US$5.3 trillion-a-day foreign exchange market. The Swiss Financial Market Supervisory Authority “is coordinating closely with authorities in other countries as multiple banks around the world
        Bloomberg  -  110 words
      • Article
        Lock icon Facebook to sell advertising on Instagram photo service
        115 20 Bloomberg San Francisco Facebook, operator of the world’s most popular social network, will sell advertising on its Instagram photo service, the first effort to make money from the company’s largest acquisition on record. Promotions will start to appear on the mobile application,
        Bloomberg  -  115 words
      • Article
        Lock icon Hershey to invest US$250m to build mfg plant in Malaysia
        85 20 Reuters Hershey, PennsylvaniaHershey, North America’s biggest chocolate maker, said it would invest US$250 million to build a manufacturing plant in Malaysia, its biggest investment in Asia. The plant in Johor will be constructed by early 2015 and will produce Hershey’s
        Reuters  -  85 words
      • Article
        Lock icon Legendary Vietnamese general Vo Nguyen Giap dies at 102
        84 20 Bloomberg Hanoi Vo Nguyen Giap, whose defeat of the French army in the remote Vietnamese valley of Dien Bien Phu more than a half-century ago symbolised the end of an era of colonial domination, has died. He was 102. He died
        Bloomberg  -  84 words
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      69 18 Check out these positions and 400 more in CATS Recruit today! M1 is looking for an Account Manager, Enterprise Sales Ministry of Health Singapore is hiring a Manager (Residential Care) Fuji Xerox has positions open for the Commercial Associate Programme Rockwell Automation is recruiting a Senior Hardware Engineer Mapletree Investments
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      46 19 ISSUE OCT pG 26 TO GROW mj-owed OULDBt TIONSH wH ySIN qg*** pG«rtg" gHEJH _CC SEE- y »s^S FUN '.LI 11 ®^M®1 A L4 1 ast torque with OCTOBER 26, 2013 SATURDAY Get the inside scoop on Kia s upcoming models! SIGN UP NOW AT sPHmagazines
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      41 20 www.omy.sg 2013INFINIT' 1ST m 'l I Jl M lllllillllsit «KxA k j^r V i <~ f' Xk y INFINITES in town! View video of press conference showbiz.omy.sg -or m Hf/it omy News iOSAppStore Google Play Otny Showbiz iOS App Store Google Play
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  • SGX
    • Article
      Lock icon SGX MAINBOARD
      8217 21 Transaction date: Oct 4 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 15 11.9 8Telecom 12.3 unch 129 12.3 12.3 12.1 10.6 0.9 10.2 58.9 20 3.1 A-Sonic 9.2 -1.4 7871 10.6 9.2
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    • Article
      Lock icon SGX CATALIST
      1954 24 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 27.5 17.1 t 800 Super 24.5 -0.5 261 25 24.5 24.5 25 3.2 4.1 7.6 43.8 6.2 2.8 t AA Grp 4.5 3.3 225 4.3
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 24 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 7 2 0 0 0 4 7 2 Manufacturing 15 93 39 5 19 7 20 112 46 Commerce 13 40 13 0 13 2 13 53 15 Tpt/Stor/Comms 11 20 9
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    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      764 24 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Sep 30 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Saizen REIT 3-Oct-13 Kin Chan *Sell 127 0.18 *****4 9.08 *****7 9.07 Sarin Tech 3-Oct-13 Chan Kam
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 24 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 41,924 41,924 71,825 71,825 Manufacturing 595,256 244,531 839,787 135,332 9,567 144,898 Commerce 212,019 396,653 608,672 96,357 21,561 117,918 Tpt/Stor/Comms 86,434 32,585 119,019 99,523 13,995 113,517 Finance 688,787 1,833 690,620 182,437 785 183,222 Construction 681,829 224,662
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  • MARKETS
    • Article
      Lock icon LIFFE
      94 25 Oct 3 COCOA (£/tonne) Close Prev High Low Dec 13 1663 1687 1694 1659 Mar 14 1644 1668 1675 1640 May 14 1637 1658 1665 1633 Jul 14 1632 1649 1655 1628 COFFEE(US$/tonne) Close Prev High Low Nov 13 1703 1669 1704 1665 Jan 14 1693 1662 1695 1656
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    • Article
      Lock icon METALS
      66 25 Oct 4 GOLD(US$/oz) Oct 04 Oct 03 Hong Kong 1324.00 1317.00 Oct 03 Oct 02 London 1314.74 1317.79 1315.62 1319.01 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 27.46 26.69 Source: UOB PLATINUM Lon (US$/oz) Oct 03 Close Previous PM Fix 1373.00 1389.00 AM Fix 1386.00 1382.00 Source:
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    • Article
      Lock icon PALM OIL
      57 25 Oct 4 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 13 2347.0 2339.0 2349.0 2329.0 450 3249 Nov 13 2315.0 2315.0 2320.0 2286.0 946 ***** Dec 13 2319.0 2305.0 2319.0 2282.0 ***** ***** Jan 14 2318.0 2309.0
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      Lock icon GOVERNMENT SECURITIES
      86 25 Oct 4 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****Z 04-Apr-14 0.28 1-Year BY*****H 02-May-14 0.29 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.89 101.96 101.96 5-Year N*****0T 0.5 01-Apr-18 98.45 10-Year NX*****H
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      Lock icon INTERBANK CURRENCY RATES
      155 25 Oct 4 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1748 1.1760 0.9429 0.9433 Canadian dollar 1.2050 1.2066 0.9679 0.9672 Euro 1.6967 1.6980 1.3618 1.3620 NZ dollar 1.0336 1.0348 0.8296 0.8300 Sterling pound 2.0078 2.0096 1.6115 1.6119
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      Lock icon FOREIGN CURRENCY NOTE RATES
      118 25 Oct 04 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.203 1.146 Can dollar 1.230 1.183 Euro 1.739 1.657 Sterling pound 2.055 1.976 NZ dollar 1.059 1.019 US dollar 1.272 1.212 Local dollars to 100 units of foreign currency: Currencies Sell
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      Lock icon CHICAGO BOT
      104 25 Oct 3 SOYBEANS(5,000 bu min; USc/60 lb bushels) Close Previous High/Low Nov 13 1288.25 1273.75 1289.75 1271.00 Jan 14 1289.00 1275.75 1290.00 1272.50 Mar 14 1270.75 1257.50 1271.75 1253.25 May 14 1250.50 1239.00 1252.50 1235.00 SOYBEAN OIL(60,000 lbs; USc/lb) Close Previous High/Low Oct 13 40.01 39.12 39.88 39.17
      104 words
    • STOCK MARKETS
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        Lock icon Straits Times Index
        22 25 YTD change: -0.92% 52-week high: 3,464.79 on May 22,2013 52-week low: 2,931.60 on Nov 1 6, 2012 Source: Bloomberg
        Source: Bloomberg  -  22 words
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        Lock icon Hang Seng Index
        20 25 YTD change: +2.13% 52-week high: 23,944.74 on Feb 4,2013 52-week low: 19,426.36 on June 25,2013 Source: Bloomberg
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        Lock icon Shanghai Stock Exchange Composite
        26 25 YTD change: -4.16% 52-week high: 2,444.80 on Feb 18,2013 52-week low: 1,849.65 on June 25,2013 (Chart shows Monday’s index closing) Source: Bloomberg
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        19 25 YTD change:+34.91% 52-week high: 15,942.60 on May 23, 2013 52-week low: 8,488.14 on Oct 15,2012 Source: Bloomberg
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        Lock icon Dow Jones Industrial Average
        26 25 YTD change: +14.44% 52-week high: 15,709.58 on Sept 18,2013 52-week low: 12,471.49 on Nov 16,2012 (Chart shows Thursday’s index closing) Source: Bloomberg
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      Lock icon OIL
      68 25 Oct 03 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 109.18 0.15 WTI (Near Mth) 103.06 1.31 Dubai (1-Mth F) 104.56 1.14 Tapis blend 117.57 1.48 Minas 108.57 1.48 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 98.53 1.28 Jet Kerosene 122.93 2.07 US$/barrel OpecOil Basket Price 106.79
      68 words
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      Lock icon LONDON METALS
      72 25 Oct 03 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1781.75 1779.00 3 months 1827.00 1827.00 Copper, Grade A (US$/tonne) Cash 7154.00 7174.00 3 months 7185.00 7199.00 Lead (US$/tonne) Cash 2033.25 2037.25 3 months 2060.00 2065.00 Nickel (US$/tonne) Close Previous Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INT’L INDICES
      373 25 In local curr In S$ In US$ dy yr dy yr dy yr Oct 3 Index Change Change Change Change Change Change World Preliminary 1091.7 -0.7 16.4 -0.7 17.7 -0.7 15.0 EAFE Preliminary 899.1 -0.1 16.1 -0.1 16.1 0.0 13.5 Europe Preliminary 1281.6 -0.2 11.7
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  • PERSPECTIVE
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      Lock icon Chinese for investors
      1006 26 / 27  -  China’s rapidly expanding system has coined a wealth of new terms, and given new meanings to some old ones. By John Foley REUTERS BREAKINGVIEWS By John Foley CHINA’S rapidly expanding system has coined a wealth of new terms, and given new meanings to some old ones. Breakingviews
      PHOTO: REUTERS  -  1,006 words
  • Page 26 / 27 Miscellaneous
    • Miscellaneous
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      349 26 / 27 SATURDAY with Ludwig ‘My Dad is better than your Dad he’s CEO of a dummy company.’ CRYPTIC CROSSWORD Across 1 Show badly in need of female entertainer (10) 9 State and church, together in prosperity (4) 10 Introduces new price cuts (10) 11 Ragged child may be old city feature
      349 words
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  • Wealth
    • WEALTH INVESTING
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        Lock icon US debt ceiling – global threat
        1274 28 / 29  - US debt ceiling global threat Any default on bond interest payments would probably freeze credit markets as Treasury values fall, hitting lenders and investors alike. By Nathaniel Popper By Nathaniel Popper NYT New York THE impasse in Congress in America this week has overshadowed the fact that the government is
        NYT; PHOTO: AFP  -  1,274 words
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        Lock icon BROKERS’ TAKE
        715 28 / 29  -  Compiled by Cai Haoxiang Singapore Exchange Buy Phillip Securities Research Oct 4 Oct 4 close: $7.24 SGX Ltd will be announcing its Q1 2014 results on Oct 17. Based on monthly statistics recently released by SGX, 1Q14’s SDAV (securities daily average value) decreased (17.5 per cent) q-q, (1.8
        715 words
    • WEALTH REAL ESTATE
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        Lock icon China tycoon to rebuild Crystal Palace
        676 30 ZhongRong Group chairman Ni to invest £500m in replica of Victorian building that burnt down in 1936 Xinhua London THE iconic Crystal Palace is likely to rise again in the south part of London, Britain, as a Chinese billionaire disclosed an ambitious plan to
        Xinhua; PHOTO: AFP  -  676 words
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        Lock icon Househunt
        375 30 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN SEPT 4 AND SEPT 10, 2013 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED V On Shenton Apt 06/09/2013 99 883 2082 2359 District 2 NON-LANDED 76 Shenton
        375 words
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        Lock icon Guang Ming building in Tai Seng sold for $45.8m
        478 31  -  Buyer believed to be company controlled by private equity group By Kalpana Rashiwala kalpana@sph.com.sg Singapore GUANG Ming Industrial Building, which is literally a stone’s throw from Tai Seng MRT Station, has been sold through a collective sale for $45.8 million. Brokered
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      • Article
        Lock icon 2 floors at GB Bldg on sale for $3,673 psf
        317 31  -  By Kalpana Rashiwala kalpana@sph.com.sg Singapore THE first two levels of GB Building in Cecil Street, adding up to 13,067 square feet, are on the market at an indicative price of about $48 million or $3,673 per square foot. This is
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      • Article
        Lock icon Azerbaijan’s oil fund earmarks US$1b to buy real estate in Asia
        457 31 Bloomberg Baku THE State Oil Fund of Azerbaijan, the third-largest crude supplier in the former Soviet Union, will focus on Asia for its real estate acquisitions after buying property last year in London, Paris and Moscow. Sofaz, as the
        Bloomberg  -  457 words
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      157 32 TO BREAK THE RULES, YOU MUST FIRST MASTER THEM. THE VALLÉE DE JOUX, THE JURA. FOR MILLENIA, A HARSH, UNYIELDING ENVIRONMENT A PLACE OF RAW NATURE AND UNFORGIVING CLIMATE. FIRST SETTLED IN THE SIXTH CENTURY BY MONKS WHO SAW IN THIS AUSTERE EXISTENCE A SERENITY AND SPIRITUALITY; MORE RECENTLY, SINCE
      157 words
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      72 1 BT THE BUSINESS TIMES WEEKEND OCTOBER 5 6 2013 Living TOP CHEFS STREET Tras Street is becoming a haven for the biggest names in food here L2-4 DINING Taste for artisanal desserts L5 STYLE Passion for vintage jewellery L6 PHOTO: JOHN HENG TRAVEL The high life in Bangkok L8-9 MOTORING
      72 words
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  • BT Living
    • DINING
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        Lock icon Top chefs street
        3620 2 / 3  -  Move over, Club Street, Duxton Hill and Keong Saik Road, it is finally Tras Street’s moment to buzz. A handful of cocktail bars and top ex-hotel chefs are slowly trickling in to build an up-and-coming dining community on the sleepy Chinatown lane. By Debbie Yong By Debbie
        PHOTO: JOHN HENG; PHOTOS: FLEUR DE SEL  -  3,620 words
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        Lock icon Sweet surprises
        652 5  -  Innovative chefs are introducing ingredients not normally found in desserts and are coming up with winning creations. By David Yip By David Yip TRUFFLE ice cream, chocolate sauce with your beef, tomatoes in your dessert. The line between savoury and sweet, appetiser and dessert is getting increasingly thin
        652 words
    • STYLE
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        Lock icon The way we wore
        930 6 / 7  -  A home-grown jewellery specialist unveils a treasure trove of vintage gems, each a testament to the fine artisanship and design of yore. By May Yip CARATS and karats may top the list of priorities for most buyers of bling. But to the Gemological Institute of America
        PHOTOS: REVIVAL  -  930 words
      • Article, Illustration
        Lock icon Flawed &fabulous
        1055 6 / 7  -  The hottest designs at this year’s Singapore Jewelfest flaunt the beauty of imperfection, drawing inspiration from unusual gems. By May Yip By May Yip THE star piece at this year’s Singapore Jewelfest, the jewellery exhibition held at Ngee Ann City Civic Plaza from Oct 11-20, may be a
        PHOTOS: KAVANT; PHOTOS: SIMONE JEWELRY, CARATELL  -  1,055 words
    • TRAVEL
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        Lock icon Central Bangkok is all abuzz
        1234 8 / 9  -  Step aside Yaowarat or Sukhumvit. The Thai capital’s luxury district is the inplace to be. By Jaime Ee By Jaime Ee jaime@sph.com.sg UNLIKE Singapore, trees in Bangkok are an elusive bunch. So much so that the Asian Green City index measured just 3 sq m
        PHOTOS: HANSAR, ZEN WORLD; PHOTOS: DOITUNG LIFESTYLE  -  1,234 words
    • WELLNESS
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        Lock icon GET FIT & FAB FAST
        1963 10 / 11  - GET FIT FAB FAST BT Weekend muscles in on three new gyms aiming to help time-pressed folks exercise in a quick and effective way By Tay Suan Chiang taysc@sph.com.sg By Debbie Yong debyong@sph.com.sg Bodytec Studio 6 Stanley Street, #01-01 3 Pickering Street, #01-01, Nankin Row www.bodytec.com.sg “I’VE got no time”
        PHOTOS BY YEN MENG JIIN; PHOTOS BY YEN MENG JIIN  -  1,963 words
    • HEALTH
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        Lock icon How safe are statins?
        1076 12  -  The most widely prescribed cholesterol medication has come under scrutiny time and again over its possible effects on the liver and muscle Michael Lim ~Dr Lim is medical director at the Singapore Heart, Stroke Cancer Centre. He is also editor-in-chief, Heart Asia (a journal of the
        PHOTO: BLOOMBERG  -  1,076 words
    • MOTORING
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        Lock icon SERIES PREMIERE
        674 13  -  The BMW 4 Series is the new name for the 3 Series Coupe and turns this two-door alternative into a stand-alone model. By Samuel Ee By Samuel Ee samuelee@sph.com.sg THE BMW 3 Series Coupe has always been the stylish but subtle choice. Slightly lower and slightly sportier than
        674 words
      • Article, Illustration
        Lock icon Efficient luxury
        530 14  -  The smoother and roomier Nissan Teana is the latest entrant in the mid-sized sedan segment. By Samuel Ee samuelee@sph.com.sg IT may not strike you as a luxury model with its four-cylinder engine and continuously variable transmission, but the new Nissan Teana is surprisingly refined and sufficiently luxurious to
        530 words
    • BT CORPORATE GOLF LEAGUE 2013
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        Lock icon Team SunMoon keep winning streak
        688 16  -  They have scored the highest total in the final round to make the trophy theirs for the second year running. By Justine Moss By Justine Moss DEFENDING champions Team SunMoon turned in another high-scoring round in the final game of this year’s Business Times Corporate
        PHOTO: GOLF DIGEST  -  688 words
    • Article, Illustration
      Lock icon Zoom to Macau
      638 15 FORMULA One season may be over in Singapore, but more treats are still in store for motor racing enthusiasts. Come November, it will be the turn of Macau to come alive as it hosts the Macau Grand Prix over Nov 9-10 and Nov 14-17. Every November, the
      638 words
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      978 8 / 9 wine& dine with BTWeekend Peach Blossoms Juniper Wine Dinner Marina Mandarin, Singapore Level 5 6 Raffles Boulevard Peach Blossoms Juniper Wine Dinner Oct 10, 2013 Discover Wilyabrup, jewel of the esteemed Margaret River wine region at Marina Mandarin Singapore’s Peach Blossoms restaurant. Enjoy exquisite pairings of the Juniper Estate collections
      978 words
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