The Business Times, 23 December 2013

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Total Pages: 28
1 28 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Monday, December 23, 2013
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  • 528 1  -  Pua Sek Guan-led group buys 17-storey office, retail building By KALPANA RASHIWALA kalpana@sph.com.sg A CONSORTIUM led by Perennial Real Estate Holdings has finally secured TripleOne Somerset. The price is understood to be $970 million in a deal concluded over the weekend. This is $10 million
    BT FILE PHOTO  -  528 words
  • MARKETS DIGEST
    • 57 1 Weekly Change ST INDEX 3,094.48 +28.46 KL COMP 1,838.03 -2.32 NIKKEI 225 15,870.42 +467.31 HANG SENG 22,812.18 -433.78 SET INDEX 1,342.72 +1.59 JAKARTA COMP 4,195.56 +20.73 MANILA COMP 5,835.13 +68.00 SEOUL COMP 1,983.35 +20.44 SHENZHEN B 849.47 -33.38 MUMBAI IND 21,079.72 +364.14 DOW 16,221.14 +465.78 NASDAQ 4,104.74 +103.76 S&P
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    • 21 1 SINGAPORE MALAYSIA MALAYSIA 6.55 HONG KONG TAIWAN INDONESIA 14.750 TAIWAN BRITAIN JAPAN 1.475 KOREA SWITZERLAND BRITAIN 0.50 Source: Bloomberg
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    • 49 1 US$ S$ US$ (S$ per US$) 1.267 (US$/S$ per 1.634 2.071 EURO (US$/S$/E) 1.363 1.727 Foreign currency per US$ S$ YEN 104.40 82.40 RM 3.283 2.591 HK$ 7.755 6.121 BAHT 32.64 25.77 RUPIAH 12,238 9,660 RENMINBI 6.072 4.793 INDIAN RUPEE 62.20 49.09 A$ 1.127 0.890 NZ$ 1.220 0.963
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  • 968 1  -  ‘Lost decade’ feared as GDP is still 3% below 2008 levels YEAR IN REVIEW: EUROPE By NEIL BEHRMANN in London BATTERED by continual crises, eurozone bond and stock markets surprised doomsayers and performed far better than expected. The region’s economy, however, has experienced
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  • Page 1 Advertisements
    • 261 1 YEAR IN REVIEW: GREEN ENERGY Watch out for tech game changes in 2014 PAGE 7 CHILDAID 2013 Bigger, better and bolder DINING OUT Flavours that miss the mark TOPLINE Taking Religare beyond India PAGE 4 PAGES 14-15 PAGE 20 BT WEBSITES For breaking news, go to businesstimes.com.sg. For personal finance
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  • TOP STORIES
    • 1198 2  -  2013 sales may be similar to past three years’; lower 2014 figure expected YEAR IN REVIEW: INVESTMENT SALES By KALPANA RASHIWALA kalpana@sph.com.sg EVEN taking into account the $970 million sale of TripleOne Somerset over the weekend, investment
      Source: CBRE  -  1,198 words
    • 315 2 TripleOne Somerset sold for $970m A CONSORTIUM led by Perennial Real Estate Holdings has finally secured TripleOne Somerset. The deal, understood to be worth $970 million, was concluded over the weekend. FRONT PAGE Eurozone recovering, but the jury’s still out DESPITE being battered by continual crises, eurozone bond
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    • 1105 2  -  Territorial disputes, diving yen among highlights for 2013 YEAR IN REVIEW: JAPAN By ANTHONY ROWLEY in Tokyo THIS has been a year of transition for Japan, one which could see the nation escape from 15 years of deflation and stagnation and also set
      PHOTO: REUTERS  -  1,105 words
    • 588 3 Feb election now hangs in the balance with the Democrat Party boycotting it Reuters AFP [BANGKOK] Tens of thousands of anti-government demonstrators once again massed at several sites in Thailand’s capital yesterday in a bid to topple Prime Minister Yingluck Shinawatra, before a
      Reuters; AFP; PHOTO: REUTERS  -  588 words
    • 566 3 Dow gains 3.1%, S&P 500 up 2.5%, Nasdaq adds 2.6% Reuters [NEW YORK] With the US Federal Reserve finally announcing that it will start tapering its stimulus, removing a big uncertainty in the market, can Wall Street expect a stronger finish to
      Reuters; PHOTO: AP  -  566 words
  • Page 2 Advertisements
    • 272 2 The 28th Chua Chor Teck Memorial Lecture 3D Printing Benefits, Potential and Challenges A lecture by Professor Chua Chee Kai Chair, School of Mechanical and Aerospace Engineering (MAE) Director, NTU Additive Manufacturing Centre (NAMC) NanyangTechnological University (NTU) 3D printing, also known as Additive Manufacturing (AM) is predicted to be the
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  • Page 3 Advertisements
    • 80 3 your body and your appetite for shoppin Feed your mind G. i •*«tt '1 n 3 vv 0 ES0 VyrroHovit j-iriuuiiui ii Boarding pass Discover yourself in Korea Treat yourself to mouthwatering dishes, soul-searching serenity, and shop-till-you-drop therapy. And by showing your Korean Air boarding pass, you’ll get discounts in
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  • COMPANY NEWS
    • 929 4  -  The trust aims to expand its portfolio to other Asia-Pacific markets, says its CEO Gurpreet Dhillon, reports NISHA RAMCHANDANI TOPLINE NISHA RAMCHANDANI nishar@sph.com.sg A YEAR into its listing on the Singapore Exchange (SGX), Religare Health Trust (RHT) is considering expanding its portfolio beyond India to include
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    • 1045 4 Authorities hope new measures will help listing debutants in 2014 Reuters [SHANGHAI] China’s plan to build confidence in domestic stock markets, and turn around their reputation as financial casinos, will depend on a regulatory gamble paying off next year. Authorities have decided to
      Reuters; PHOTO: BLOOMBERG  -  1,045 words
    • 277 4 Dec 20 BANKS Agricultural Bank Of China 5.50 Agricultural Bank Of China Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited 5.50 Bank of Communications Bangkok Bank Public Co. Ltd ...6.00 Bank of China Limited ...5.50 Bank of Tokyo-Mitsubishi ...5.50 Banque Internationale a ...5.75 BNP Paribas
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    • 274 4 COMPANY MEETING PLACE DATE TIME F&N TREA S$108 S Level 2, Alexandra Point 438 Alexandra Road 23-Dec 10.00am F&N TREA S$157M S Level 2, Alexandra Point 438 Alexandra Road 23-Dec 10.30am Giken Sakata A Blk 4012 Ang Mo Kio Ave 10 #05-01 Techplace 1 26-Dec 10.00am Miyoshi Precision
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    • 1583 5  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd UYING fell while selling among directors was low for the third straight week. Filings on Singapore Exchange in the third week of December showed 14 companies recording 41 purchases worth $2.47 million versus
      Source: Asia Insider Ltd  -  1,583 words
    • 18 5 Branchen Stars R1C-A 16/12/2013 198,20 EUR I db X-MACRO Trading Index Fund I4D 12/12/2013 86,37 GBP
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  • Page 5 Advertisements
    • 433 5 K ft K •r 0 0* i a > V v 4i» V» V& A A The Business Times Maybank Kim Eng Invest Asia 2014 Taking Stock Of Your Future What lies ahead for you, the investor, in 2014? Hear from our distinguished panel of speakers at this seminar as
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  • SINGAPORE MARKETS
    • 620 6  -  STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent IN THE final few days of the year, punters will invariably wonder whether the Straits Times Index (STI) will be win-dow-dressed. Since the latter is aimed at padding poor performance and with the STI currently standing 74 points or
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    • 532 6 CURRENCIES Bloomberg [NEW YORK] The US dollar last week rose against the yen for an eighth week, the longest streak since February, after Federal Reserve officials voted to reduce monetary stimulus amid signs that economic growth is gaining momentum. The
      Bloomberg  -  532 words
    • 1485 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price AIMS AMP Capital Ind REIT 1.75 1.75 4 10.43 13.57 1.75 1.41 Amtek Engineering Ltd 3.00 3.00 2 0.05 7.69 0.52 0.47 ARA Asset Management Ltd 2.29
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    • 603 6 COMMODITIES AFP [LONDON] Gold’s value slid last week as the precious metal lost some of its haven status after the Federal Reserve agreed to scale back its huge stimulus programme. The value of other metals also fell after Wednesday’s move by the
      AFP  -  603 words
    • 4 6 WEEKLY
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    • 77 6 Dec 20 VALUE CLOSE BT OB/OS -93.00 +152.00 BT CADI -*****.00 +116.00 BT 10-day MA -*****.00 -9.00 FTSE ST Mid Cap 707.74 +3.56 FTSE ST Small Cap 530.94 +2.54 FTSE ST All Share 751.31 +5.36 FTSE ST China Top 195.55 +1.40 FTSE ST China 220.70 +1.32 FTSE
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    • 56 6 VOLUME Albedo 1,737,957,000 Otto Marine 930,567,000 Charisma Energy 881,465,000 KLW Hldgs 818,959,000 Vallianz Hldgs 668,897,000 HanKore 663,860,000 SIIC Env 438,087,000 ICP 404,074,000 Viking 260,621,000 Sunmoon 243,101,000 VALUE($) DBS Grp 343,633,856 SingTel 316,433,326 Keppel Corp 237,725,586 UOB 188,985,778 OCBC Bk 171,701,085 GLP 123,094,571 Vallianz Hldgs 105,506,705 Keppel Land
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    • 113 6 BY CENTS CLOSE UP Hyflux 6% CPS 10 ***** 80.0 0.7 Jardine C&C 3460 60.0 1.8 UOB 2068 44.0 2.2 DBXT MSKorea 10US$ 6240 31.7 0.4 Lyxor Europe 10 US$ 1496 31.7 1.7 DBXT MSTHAI 10US$ 1880 26.6 1.1 DBS Grp 1676 20.0 1.2 ISDN Hldgs 66 19.0 40.4
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    • 129 6 BY CENTS CLOSE DOWN DBXT SPASX200 10US$ 3688 -572.6 -10.9 GLD 10US$ ***** -364.8 -2.4 Lyxor ThaiSET 10US$ ***** -319.2 -2.1 DBXT FTChina25 10US$ 2910 -249.6 -6.3 Lyxor Indonesia10US$ 7003 -134.3 -1.5 DBXT MSUSA 10US$ 4384 -122.9 -2.2 DBXT E50 10US$ 5039 -115.3 -1.8 DBXT MSCHINA 10US$ 1250 -72.2
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    • 5 6 WEEKLY
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  • SINGAPORE NEWS
    • 1381 7  -  Several such technologies are slated for intensive test-bedding next year, say industry players YEAR IN REVIEW: GREEN ENERGY By GRACE LEONG gleong@sph.com.sg SMART grid applications that not only interact with smart meters, but also with appliances, solar photovoltaic (PV) systems and electric
      FILE PHOTO  -  1,381 words
    • Article, Illustration
      628 7  -  By KELLY TAY kellytay@sph.com.sg iC2 PrepHouse WHEN A u d re y L oo i s nine-year-old son, James, was diagnosed with low vision three years ago, she was surprised to learn that most schools in Singapore were unequipped to deal with cases like his. “Oftentimes, the perception
      628 words
    • 657 7 AIMS Prop Securities Payment Ex Rec Pay Ann (cts) date date date date (Sep-Dec 2013) ct 0.150 27-Dec 31-Dec 21-Mar 18-Dec China Southern Air ADR 10 ah 34.551 18-Jun 20-Jun ai 11-Jun CNMC Goldmine aw 0.100 26-Dec 30-Dec 20-Jan 16-Dec CSE Global bh 28.000 30-Dec 02-Jan 13-Jan 04-Dec
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  • Page 7 Advertisements
    • 90 7 CATS Recruit Scholars' Choice 2014 In The Straits Times Engag the of minds futu our re A 11 111 With the upcoming publication of the 22 nd installment of The Straits Times CATS Recruit Scholars'Choice, it is clear that this advertising feature remains a distinctive platform from which organisations can
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 1633 8  -  A year of articles on saving, spending, budgeting and life planning Money makes the world go round, or as the Chinese say, it can make ghosts turn a grindstone. Most of us would like to make more money, to have more money, and to spend
      BT Graphics: Ludwig Ilio, Patricia P. Husada  -  1,633 words
  • Page 8 Advertisements
    • 51 8 The Business Times-Citibank Young Investors’ Forum is published every Monday. It aims to raise the financial awareness of young adults, especially tertiary students, and empower them with the financial knowledge and skills vital to making investing and wealth management decisions. The forum is part of Citibank’s efforts to promote financial
      51 words

  • MALAYSIA/INDONESIA
    • 824 9 But concerns rising about a property bubble and unequal economic development AFP [NUSAJAYA, Malaysia] Rising from a former palm plantation, the towering Astaka complex will cast its shadow across the Malaysia-Singapore border by 2017, a symbol of an ambitious development zone linking the
      AFP; PHOTO: AFP  -  824 words
    • 1418 9 VOL Dec 20 RM +/-(‘000) A M Realty 0.93 unch 216 Abric Bhd (‘000) Advance Synerg 0.15 unch 92 Adventa Bhd 1.08 -0.04 149 Ae Multi Hldgs 0.21 unch 35 Affin Holdings 4.12 0.02 99 Ahmad Zaki Res Airasia Bhd Alliance Finan 4.70 -0.10 1660 Aluminium Co 0.65
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    • 905 9 Reuters [JAKARTA] On rainy days in Jakarta, a canny street merchant like Emi can sell two dozen sachets of herbal cold cure Tolak Angin to office workers and labourers sniffling by her roadside stall. “Herbal medicine is good for the body because
      Reuters  -  905 words
  • Page 9 Advertisements
    • 319 9 The Peak Selections: Gourmet Travel would like to congratulate the following Top 12 award winners of G Top 100 Wines 2013 MOST DRINK ABLE RED WINE S a t o Pi no t N o i r 2011 RED WINE OF THE YEAR V ega Si c il i a
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  • GREATER CHINA/INDIA
    • 800 10 Bulldozing of US embassy barricades could have made matters even worse AFP [NEW DELHI] A furious an-ti-US backlash in India over the arrest and strip-search of one of its diplomats threatens to further scare off foreign investors already baulking at what they see as
      AFP; PHOTO: AP  -  800 words
    • 626 10 Obama makes this clear with choice of envoy to Beijing AP [WASHINGTON] Making Senator Max Baucus the next ambassador to China reflects the importance the US places on advancing its economic relationship with Beijing despite recent strains on security issues. The veteran Democrat from
      AP  -  626 words
    • 323 10 AFP [BEIJING] Another Chinese city has capped the total number of car licence plates it will issue annually, state media said yesterday, following moves by Beijing and other metropolises to curb pollution and congestion. The world’s most populous nation is also
      AFP  -  323 words
    • 690 10 Reu ters [NEW YORK] An obscure melon once cultivated by Buddhist monks in China to sweeten tea could give the US$8 billion US diet soda industry a shot at winning back consumers concerned about artificial ingredients. You won’t find monk fruit
      Reuters; PHOTO: REUTERS  -  690 words
  • Page 10 Advertisements
    • 131 10 SHARElNVESTOR.com The Pulse Of Trading a 3 J V a 9 Santa and his Elves bring you attractive discounts for Sharelnvestor membership subscription this Christmas! Keep a lookout for Santa and his Elves while using Sharelnvestor WebPro and Station. Click on them to subscribe and receive the discounts. WEBPRO 18%
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    • 57 10 kV9$r si** ASIA’S LARGEST 1 Educational Kids’ Fair join us at Asia's Largest Education Fair. 1 Singapore Expo Hall 5 21 -23 March 2014 BOOK NOW! Limited Booths available! m ye lb rv’ C®' m For more information, please contact Ms Adeline Goh 9681 8289 gohtna@sph.com.sg Mr Jeffrey Foo 9008
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  • WORLD
    • 826 11 Shares of European companies active in M&A deals enjoy best run since financial crisis began Reuters [LONDON] Investors have received billions of euros from European companies so cautious about the economic outlook that they could find nothing better to do with spare
      Reuters  -  826 words
    • 583 11 Senior staff let go in lean years, juniors lack experience Reuters [LONDON] Years of quiet deal markets in Europe have left a generation of junior investment bankers with little opportunity to cut their teeth, and, with many senior staff let go, banks are finding
      Reuters; PHOTO: REUTERS  -  583 words
    • 746 12 Unfinished business include reforming shadow banking sector Reu ters [LONDON] “What a week,” tweeted European Union financial services chief Michel Barnier last Thursday after securing an agreement on how to wind up failed banks without making the region’s taxpayers foot the bill.
      Reuters  -  746 words
    • 737 12 But they are still rare; just 15% of top jobs held by women AFP [NEW YORK] In two highprofile firsts, women were named to lead General Motors and the US Federal Reserve this year posts that had always been held by men. Yet
      AFP; PHOTOS: AFP, REUTERS, BLOOMBERG  -  737 words
    • 405 12 Reuters [TOKYO] Japan’s consumer price inflation hit a new five-year high in November, a Reuters poll showed in a positive sign of steady progress towards the Bank of Japan’s (BOJ) 2 per cent inflation goal. Household spending rose in November at the
      – Reuters  -  405 words
    • 343 12 Reuters [WASHINGTON] US Congressman Mel Watt, the incoming director of the Federal Housing Finance Agency, said he plans to delay the increase in fees on gov-ernment-backed loans that the agency announced this month. The North Carolina Democrat was confirmed on Dec
      Reuters  -  343 words
    • 589 16 Concern that US banks may at times use them to evade stiffer regulations NYT [NEW YORK] A major banking regulator has moved to curb a type of financial manoeuvre that banks can exploit to make themselves look stronger than they actually are. The
      NYT  -  589 words
    • 928 16 Cocoa shortage stems from falling yields in Ivory Coast NYT [GENEVA] Chocolaterie Pascoët, a small “laboratoire” or factory, in the Carouge district here, was a hive of activity on a recent morning. The team was scrambling to fill the last orders for Christmas. A
      NYT; PHOTO: NYT  -  928 words
    • 477 16 Effort aims to close what planners see as regulatory gaps Reuters [NEW YORK] US financial planning groups are launching an effort to develop new state regulations for their industry, three years after a similar effort failed at the federal level. Three industry
      Reuters  -  477 words
    • 642 17 When winding up problem banks, speed is essential to limit fallout AFP [BRUSSELS] An EU system to prevent a repeat of the massive bank bailouts which crippled the economy is a major step but it is also too complicated when speed is absolutely
      AFP  -  642 words
    • 530 17 AFP [LONDON] Barring a late price surge, gold’s value will suffer its first annual drop since the start of the millennium, while the precious metal risks further losses in 2014. Gold stood at US$1,205 an ounce on Friday on
      AFP  -  530 words
    • 587 17 It is entering the Ibex-35 index of top listed firms today AFP [MADRID] Bankia, after dragging the entire Spanish financial system to the brink of catastrophe, is about to make a remarkable comeback to the top ranks of the Madrid stock market. Today, Bankia will
      AFP; PHOTO: AFP  -  587 words
    • 1424 18 Rule lets companies cut income taxes using costs they have not borne yet Reuters [LONDON] “Life in Luxembourg is simply different”, says its government website. The same could be said of tax in the Grand Duchy. It’s known for its generous tax policies, but
      Reuters; PHOTO: REUTERS  -  1,424 words
    • 1225 18 Tax credit on dividends the great UK giveaway Reuters [LONDON] When Neil Withington, the legal director of British American Tobacco (BAT) and the firm’s largest British shareholder, files his next tax return, he will receive a little help from the state. Like other UK taxpayers, he will be entitled to
      Reuters  -  1,225 words
  • Page 11 Advertisements
    • 2479 11 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices FRASERS CENTREPOINT TRUST (a real estate investment trust constituted on 5 June 2006 under the laws of the Republic of Singapore) Sponsored by Frasers Centrepoint Limited NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 5th Annual General Meeting of
      2,479 words

  • Page 12 Advertisements
    • 138 12 Myanmar o Civil Aviation Development Conference 2014 24 26 March 20 1 4 I Yangon, Myanmar Group booking is available too! Enjoy up to 20% discount* if you sign up in groups of 3 or 6. Terms and conditions apply To register, visit www.mcadc.sphereconferences.com or contact Jiahui at jiahui@sphereconferences.com or
      138 words
    • 5 12 NOW! *****620 or Email: sales@exhibitsinc.com.sg
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    • 99 12 Wine, Dine Hospitality Highlights CHRISTMAS SURPRISES AT CONRAD A selection of delightful indulgences this holiday season 29 November to 25 December 2013 Savour a delicious array of culinary delights and gourmet takeaways including Santa's Signature Log: Passion Fruit, Ivory Coconut, Rum Raisin and a choice of exquisite hampers. A "V.X
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  • Page 13 Advertisements
    • 183 13 Read On. Move On. Get news on the move with The Straits Times All-in-One PLUS EXCLUSIVELY FOR NEW SUBSCRIBERS Your Straits Times All-in-One PLUS includes the Microsoft Surface RT In addition to reading your Print edition, you can access The Straits Times on your favourite iPad, iPhone and Android mobile
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  • CHILDAID 2013
    • 1058 14  -  By HELMI YUSOF IT was, quite simply, the most spectacular edition ever in its nine-year history. ChildAid, an annual charity concert jointly organised by The Straits Times and The Business Times, has been watched by tens of thousands of children and adults over the years. But this
      PHOTOS: Ashleigh Sim, Desmond Wee, Desmond Lui, ChildAid 2013  -  1,058 words


  • Page 16 Advertisements
    • 1668 16 s* *AT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF HVB ASIA LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****2711D NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that, pursuant to Section 308 of the Companies
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  • Page 17 Advertisements
    • 2184 17 [«gATS3 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 STUN SERVICES PTE. LTD (In Provisional Liquidation) (Company Registration No: *****9874Z) NOTICE PURSUANT TO SECTION 291(4) STATUTORY DECLARATION BY DIRECTORS OF COMPANY’S INABILITY TO CONTINUE BUSINESS BY REASON
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  • AVIATION/SHIPPING
    • 752 19 It makes US$7.5b sale to Cathay; pushes value of deals past US$100b Bloom berg [HONG KONG] Boeing Co landed the first buyer in Asia for the new 777X jet with a US$7.5 billion sale to Cathay Pacific Airways Ltd, widening the
      Bloomberg; PHOTO: BLOOMBERG  -  752 words
    • 376 19 AP [SEATTLE] National leaders of the machinists union are scheduling a vote on a proposed contract between Boeing and Puget Sound machinists, despite objections from local union officials who have already rejected the company’s latest offer. The lead negotiator for the
      AP  -  376 words
    • 300 19 Bloomberg [TOULOUSE] Air FranceKLM Group has received a firm offer for unprofitable regional operator CityJet from German turnaround specialist Intro Aviation GmbH as Europe’s biggest airline seeks to streamline short-haul operations. The planned sale of the No 1 carrier
      Bloomberg  -  300 words
    • 638 19 Ship financing will be difficult in 2014 due to stricter rules Bloomberg [HAMBURG] Tighter regulation for banks will make it even harder for German shipowners to obtain loans next year, prolonging the liquidity squeeze that they have battled since 2008, the head of the
      Bloomberg  -  638 words
    • 337 19 Bloomberg [SEOUL] Hyundai Group, owner of South Korea’s second biggest shipping company, plans to raise at least 3.3 trillion won (S$3.9 billion) by selling assets to boost cash. Hyundai Group will sell Hyundai Securities Co and two other financial units to raise as much as
      Bloomberg  -  337 words
    • 246 19 SGX '000 Dec 20 S$ +/-Vol Ch Offshore 0.42 unch 141 Chuan Hup Hldg 0.26 -0.01 5 Cosco Corp 0.75 0.02 2031 Cwt Limited 1.33 unch 293 First Ship Lea unch unch 0 Grand Banks.............unch unch 0 Jaya Hold Ltd unch K1Ventures 0.19 unch 235 Keppel Corp 10.85
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  • Page 19 Advertisements
  • Page 19 Miscellaneous
    • 312 19 CRYPTIC CROSSWORD Across 1 Risk I’m running before short fling and tiff (8) 5 Mass outlets rejecting English giving trouble and strife (6) 8 Colonial administrator restricted lottery (6) 9 Joke about new secure haunt of criminals? (8) 10 Formal boycott by Asian, we hear(5,3) 11 Introduce gradually some plain
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  • DINING OUT
    • 892 20  -  It’s hard to get the Japanese influence out of Szechwan Fan Dian’s cuisine, says JAIME EE JAIME EE NEW RESTAURANT Szechwan Fan Dian Level 35, Mandarin Orchard Singapore 333 Orchard Road Tel: 6831 6262 Open daily for lunch and dinner: 12pm to 3pm; 6pm to
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  • Page 20 Advertisements
    • 261 20 I heard that prices for International Plaza has soften recently. Wow, with Singapore Property Watch, I am now able to compare recently transacted prices of offices nearby! I managed to find out the recent profitable transactions with Singapore Property Watch. IK 111 IS Hi is .ilifSEIi sui sum s r
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  • SINGAPORE STOCKS
    • 3385 21 Week ended: Dec 20 52-wks Last Vol Week Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 15 11.5 8Telecom Vol Week Last Quote Div GrYld Net M Cap 188 106 AIMSAMPIReit 141 unch 4102 142.5 141 141
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    • 995 22 52-wks Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 37 17.3 t 3Cnergy 500 SS""""Si'3 |2 ■3 s 333' '3" 3 '33S 5 33SS'SS3' S' '^333' 'gS'SSV '3'3^*****3' 'S" '553 g# 2.4 1.1
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    • 116 22 Stock name Close Change CapMallsAsia 1.905 +0.005 CapitaLand 2.960 CapitaMall 1.860 +0.040 CityDev 9.520 +0.020 ComfortDelGro 1.975 DBS Grp 16.760 +0.170 GLP 2.860 -0.010 Genting SP 1.465 +0.015 Golden Agri 0.530 HK Land 5.800 +0.040 Stock name Close Change HPH Trust US$ 0.645 +0.015 JMH 51.500
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    • 2023 22 Transaction date: Dec 20 HONG KONG Vol HK$ +/-'000 Aeon Stores '000 Angang Steel 5.49 0.07 ***** Anhui Conch unch Anhuiexpresswa 4.22 -0.01 3017 Asia Satellite 29.85 -0.10 113 Asm Pacific -0.10 Avic Ihl Baiyunshan Ph Bank Of China 3.50 -0.02 *****9 Bank Of E Asia 32.35 unch
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    • 263 22 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 52 32.5 Genting HK US$ US40.5 -0.5 ***** 41 39.5 40 40.5 2666.7 6.6 2 OGL Resources A$ A2.3 +0.3 72 2.4 2.3 2 2.3 0.3
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    • 186 22 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 4 2 0 0 0 8 4 2 Manufacturing 82 48 43 17 10 8 99 58 51 Commerce 31 28 13 12 4 2 43 32 15 Tpt/Stor/Comms 28 9 5
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    • 1028 22 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 123 107.1 ABF SG Bond ETF 112.7 -0.3 6 112.8 112.7 112 112.7 514.5 143 125 CIMB APAC Div 100S$D 125 125 125.5 114.4 99.2 CIMB
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    • 121 22 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 75,950 75,950 352,517 352,517 Manufacturing 1,822,526 1,307,878 3,130,404 476,095 52,242 528,337 Commerce 665,178 2,933,958 3,599,136 252,461 262,088 514,549 Tpt/Stor/Comms 446,831 48,201 495,032 672,115 6,274 678,389 Finance 176,943 79,439 256,382 778,199 20,679 798,878 Construction 249,900 901,382
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  • Page 22 Advertisements
    • 26 22 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
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  • FINANCE & COMMODITIES
    • 716 23 Dec 20 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.69 *****.42 *****.36 Mar14 *****.00 *****.00 *****.00 *****.00 *****2 *****9 Jun14 *****.00 *****.00 *****.00 *****.00 6 1756 MSCI TAIWAN INDEX FUTURES SPOT 294.91 296.67 294.48 Dec13 294.70 296.10 292.80 295.20 ***** *****3 Jan14 294.20
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    • 373 23 In local curr In S$ In US$ dy yr dy yr dy yr Dec 20 Index Change Change Change Change Change Change World Preliminary 1163.7 0.6 24.0 0.5 26.1 0.6 21.6 EAFE Preliminary 935.8 0.4 20.8 0.5 20.6 0.5 16.3 Europe Preliminary 1328.3 0.5 15.8
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    • 471 23 Dec 20 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.947 5.386 0.651 6.879 55.170 108.553 0.926 9.412 2.912 1.082 94.081 39.465 1.124 9.255 0.797 26.566 28.953 0.543 0.887 Canada 1.056 5.687
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    • 38 23 Dec 20 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) (S$) 3 mths ..0.***** Source: Thomson Reuters
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    • 88 23 Dec 20 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****F 13-Jun-14 0.28 1-Year BY*****T 31-Oct-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-16 101.52 101.70 101.55 5-Year N*****0T 0.5 01-Apr-18 97.95 98.50 98.00
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    • 137 23 Dec 20 GOLD(US$/oz) Dec 20 Dec 19 Hong Kong 1201.00 1215.00 Dec 20 Dec 19 London 1205.10 1195.30 1205.85 1195.85 Source: Thomson Reuters CAST BAR Dec 20 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 110 49 5gm 312 243 10gm 557 487
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    • 59 23 Dec 20 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 14 2540.0 2546.0 2552.0 2537.0 73 3379 Feb 14 2565.0 2571.0 2572.0 2550.0 5136 ***** Mar 14 2583.0 2584.0 2590.0 2558.0 ***** ***** Apr 14 2590.0 2591.0
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    • 155 23 Dec 20 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1234 1.1241 0.8868 0.8873 Canadian dollar 1.1863 1.1870 0.9369 0.9364 Euro 1.7268 1.7272 1.3631 1.3633 NZ dollar 1.0378 1.0386 0.8192 0.8198 Sterling pound 2.0703 2.0709 1.6343 1.6346
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    • 109 23 Dec 20 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 14 1339.00 1327.00 1345.00 1321.50 Mar 14 1331.00 1319.00 1336.50 1313.00 May 14 1316.00 1305.50 1320.00 1300.00 Jul 14 1301.25 1293.00 1304.75 1288.25 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jan 14
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    • 94 23 Dec 20 COCOA (£/tonne) Close Prev High Low Mar 14 1798 1780 1800 1781 May 14 1785 1766 1788 1767 Jul 14 1774 1756 1775 1757 Sep 14 1764 1752 1767 1749 COFFEE(US$/tonne) Close Prev High Low Jan 14 1704 1690 1715 1672 Mar 14 1706 1684 1729 1668
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    • 1195 23 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 24 4 65 0.0 5 -83 55 Asia-Pacific Strategic W*****6 Ratio Exer Price Ascendas Reit MB ECW*****3 Disc Asiatic Grp(Hldgs) Ltd W*****5 2.5 0.2 2203 0.0 2 21
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    • 70 23 CRUDE OIL PRODUCTS Dec 19 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 110.57 1.10 WTI (Near Mth) 98.46 0.71 Dubai (1-Mth F) 106.30 1.23 Tapis blend 115.36 1.21 Minas 108.86 1.21 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 107.61 1.05 Jet Kerosene 125.94 1.70 US$/barrel OpecOil Basket
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    • 22 23 Dec 20 S$ Bid Offer 1-month 1.2668 1.2669 2-months 1.2667 1.2668 3-months 1.2667 1.2668 6-months 1.2663 1.2665 Source: OCBC
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    • 66 23 Dec-20 Dec-20 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1740.10 1728.25 3 months 1785.00 1773.00 Copper, Grade A(US$/tonne) Cash 7248.50 7207.00 3 months 7238.00 7200.50 Lead(US$/tonne) Cash 2194.50 2148.25 3 months 2216.00 2174.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • 121 23 As at 9am Dec 20 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.149 1.095 Can dollar 1.210 1.164 Euro 1.769 1.685 Sterling pound 2.112 2.031 NZ dollar 1.062 1.022 US dollar 1.293 1.232 Local dollars to 100 units of foreign
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    • 157 23 Dec 20 $S Offer Bid 0vernight 0.12 0.08 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.15 US$ Offer Bid 7 days 0.20 0.10 1 month 0.30 0.15 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
      157 words

  • 2303 24 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
    2,303 words
  • Page 24 Advertisements
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  • Page 25 Advertisements
    • 73 25 mporters ooking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II THE OFFSHORE OIL GAS SPECIAL SUPPLEMENT IS NOW NLINE If you missed our recent superb editorial and industry highlights in The Business Times, log on to http://events.stclassified.sg/bt-offshoreoilandgas/ to
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    • 19 25 USE THIS SPACE TO SELL CALL JOE WO IMG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
      19 words

  • BizIT THE USINESS OF INFOCOMM TECHNOLOGY
    • 848 26  -  Its flight-booking application is much more flexible today than it was 3 years ago By VICTORIA HO [SINGAPORE] Flight booking giant Expedia is one of the older travel websites, and over the past three years, it has gone through an extensive diet on
      PHOTO: AIRASIAEXPEDIA  -  848 words
    • 837 26  -  Discounts given by online merchants are the main draw By ADELINE TAN [SINGAPORE] Black Friday and Cyber Monday may be US sales events, but that has not stopped them from creating waves in Singapore’s shopping scene. In fact, these are the busiest days
      PHOTO: AFP  -  837 words
    • 297 26 AFP [TOKYO] A Japanese researcher has unveiled an invention that instantly and wirelessly transmits force between two devices, in a development that could allow physical therapists to treat patients remotely. Kouhei Ohnishi said his “force transceiver” permits two-way communication of the
      AFP  -  297 words
    • 754 27  -  An estimated 30b devices will be wirelessly connected to the Internet of Things patchwork by 2020 By VICTORIA HO [SINGAPORE] As we approach the dawn of the Internet of Things (IoT), some of Singapore’s top tech firms are working on researching ways
      754 words
    • 762 27  -  By ADELINE TAN [SINGAPORE] What started out as a search for an easy-to-use and affordable encryption tool eventually led two good friends to start a security business in Singapore. Banker and financier Michael Tse needed a secure way to distribute medical reports
      762 words
    • 889 27 AP [NEW YORK] It’s tough to shop for techies. They already own everything with a plug or rechargeable battery. But fear not, a slew of unique technology gifts have hit the market just in time for Christmas. Here’s a roundup of
      AP; PHOTOS: AP  -  889 words
    • 515 27  -  Special SIM cards allow users to top up cards on mobile By ADELINE TAN [SINGAPORE] EZ-Link Pte Ltd has launched a new application that allows Singaporeans to top up their ez-link stored value cards with their NFC-enabled Android phones, doing away with the need
      515 words
  • Page 26 Advertisements
    • 98 26 mensHedim Singapore URBmTHL0N20Uf MENSHEALTH.COM.SG THE TOUGHEST URBAN RAGE EVER! UKM ROUTE, 9 URBAN UBSTACLES i V m V A m ■u 7i mi 2923 f ma&/ I .w MARCH 2,2014 (SUN) »7AM •THE FLOAT AT MARINA BAY THIS YEAR’S RACE IS GUARANTEED TO RE YOUR TOUGHEST EVER, WITH 5 NEW
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    • 128 28 PAN ERAI.COM i yt*-.** .v 9 l>J IT k r« Mr mZZ2 4 tt *x t 7l *h **k *w w* RADIOMIR < Tf > IV P j.b. -m 3 SPfe •i v.Mtsa 9 I Si Bgwla ,f i i A WB >• i#^i '> if •■■fiit VI -'ix*'-'. V?>*
      128 words