The Business Times, 4 September 2014

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Microfilm: NL33242
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 051/08/2014 Thursday, eptember 4, 2014
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  • Article, Illustration
    Lock icon S’pore still 2nd most competitive in the world
    743 1  -  But further foreign labour tightening could harm its future ranking By KELLY TAY kellytay@sph.com.sg @KellyTayBT [SINGAPORE] Singapore has again been ranked as the world’s second-most competitive economy by the World Economic Forum (WEF), but economists warn that a further tightening of foreign
    Source: World Economic Forum Global Competitiveness Index 2014-2015  -  743 words
  • Article
    Lock icon Lease buyback: 75% of elderly HDB households can benefit
    881 1  -  By LYNETTE KHOO lynkhoo@sph.com.sg @LynetteKhooBT [SINGAPORE] Three in every four elderly HDB households can benefit from the enhanced lease buyback scheme (LBS), up from 35 per cent previously. But a huge jump in take-up rates of the scheme is unlikely, said
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,348.77 (+20.47) GST INDEX FUTURES 3,350.00 (+21.00) GSIMSCI 379.40 (+1.70) GSIMSCI FUTURES 380.30 (+1.90) US$ S$ US$ (S$ per US$) 1.251 (US$/S$ per 1.647 2.061 EURO (US$/S$/€ 1.314 1.645 Foreign currency per US$ S$ YEN 105.00 83.90 RM 3.180 2.542 HK$ 7.750 6.194 BAHT 32.02 25.59 RUPIAH
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    • Article
      Lock icon MARKETS
      49 1 Wednesday Change KL COMP 1,864.87 -2.82 NIKKEI 225 15,728.35 +59.75 HANG SENG 25,317.95 +568.93 SET INDEX 1,583.27 +14.67 JAKARTA COMP 5,224.14 +22.55 MANILA COMP 7,206.02 +99.46 SEOUL COMP 2,051.20 -0.38 SHENZHEN B 957.15 +6.25 MUMBAI IND 27,139.94 +120.55 12 noon EDT Change DOW 17,087.85 +20.29 NASDAQ 4,571.41 -26.78
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    • Article
      Lock icon PRIME RATES
      20 1 SINGAPORE MALAYSIA MALAYSIA 6.55 HONG KONG 5.00 INDONESIA KOREA TAIWAN 5.036 JAPAN 1.475 KOREA INDIA BRITAIN Source: Bloomberg
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      127 1 COMPANIES Yoma 1-for-3 rights issue to fund more acquisitions PAGE 5 PROPERTY Indonesian tycoon Tahir picks up Grange Infinite units PAGE 28 Samsung Hub office floor sold at S$3,225 psf PAGE 2 COMMENTARY Reshaping global economic management PAGE 17 s JL The whole world to the nearest minute. Duometre Unique
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      9 1 8 N 88 7 1 8 1 11 *****4
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  • TOP STORIES
    • Article, Illustration
      Lock icon Quota for female directors not ruled out: Grace Fu
      661 2  -  Large listed companies with no female directors named and shamed By MICHELLE QUAH michquah@sph.com.sg @MichelleQuahBT [SINGAPORE] Singapore is not ruling out the possibility of imposing a quota for female directors on the boards of listed companies here, though, at present, it
      661 words
    • Article, Illustration
      Lock icon Samsung Hub floor sold at S$3,225 psf
      540 2  -  By KALPANA RASHIWALA kalpana@sph.com.sg @KalpanaBT [SINGAPORE] The entire 18th floor of Samsung Hub has been sold at S$3,225 per square foot the highest for an entire office floor in the 30-storey office tower in Church Street in the Raffles Place area. The building
      FILE PHOTO  -  540 words
    • Article, Illustration
      Lock icon Focus of new Abe team on economy, better China ties
      878 2  -  By ANTHONY ROWLEY in Tokyo JAPAN’S Prime Minister Shinzo Abe on Wednesday reshuffled his cabinet for the first time since he came to power nearly two years ago, making moves that appeared to have positive significance for the economy and
      PHOTO: REUTERS  -  878 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      378 2 S’pore still second most competitive in the world SINGAPORE has again been ranked as the world’s second-most competitive economy, but economists warn a further tightening of foreign labour policies could knock it off its perch. FRONT PAGE Lease buyback scheme to cover more households THREE in every four
      378 words
    • Article
      Lock icon Passenger car COEs flat
      423 2  -  By SAMUEL EE samuelee@sph.com.sg [SINGAPORE] Premiums for passenger car certificates of entitlement (COEs) were flat in yesterday's bidding exercise, with relatively small changes up and down the price spectrum. The cost of a Category A COE for cars below 1,600cc and 130hp slipped S$869 to S$64,841
      423 words
    • Article, Illustration
      Lock icon Singapore-Indonesia ties a top priority
      727 4  -  Dr Yudhoyono says he’s always mindful of Singapore’s strategic value STATE VISIT BY PRESIDENT SUSILO BAMBANG YUDHOYONO Reports by LEE U-WEN leeuwen@sph.com.sg @LeeUwenBT [SINGAPORE] Indonesian President Susilo Bambang Yudhoyono said on Wednesday that maintaining good relations with Singapore has been his government’s top priority throughout
      PHOTO: SEAH KWANG PENG/THE STRAITS TIMES  -  727 words
    • Article
      Lock icon Changi/Batam maritime borders treaty signed
      401 4 [SINGAPORE] Indonesia and Singapore have inked a landmark treaty that demarcates sea borders in the eastern part of the Strait of Singapore, in the area between Changi and Batam. The pact was signed by Foreign Minister K Shanmugam and his Indonesian counterpart Marty Natalegawa at
      401 words
    • Article
      Lock icon China services sector rebounds but property remains a worry
      599 4 Reuters [BEIJING] Activity in China’s services sector rebounded in August after a drop in July, two surveys showed on Wednesday, offsetting factory-sector weakness and letting the government stick with its “targeted” policy stance to keep growth on track. The government is
      Reuters  -  599 words
    • Article
      Lock icon Companies urged to build risk challenge culture
      538 4  -  By CLAIRE HUANG huangjy@sph.com.sg @ClaireHuangBT [SINGAPORE] A report has called on chief executives and board members to lead by example in building a risk challenge culture that can strengthen risk management. Commissioned by the Association of Chartered Certified Accountants (ACCA) and the Institute
      538 words
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      175 3 HITACHI Inspire the IMext It s our DNA. MADE I IN JAPAN 2008 2009 2011 Series Senes A Senes as World's first Vacuum Compartment with 0.8 atm Air Pressure Vacuum Compartment Vitamin Cassette m V R-D6800XS S$5,499 2012 Series 2013 Series 2014 Series Wider Vacuum Compartment Vitamin Cassette Wider Vacuum
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      46 4 ©PPIC^XPO ASIA 2015 The Next-Generation Workscape 29-31 JULY 2015 Marina Bay Sands, Singapore www.OfficExpoAsia.com •Cloud Solutions for Small Medium Enterprises Next-Gen Business Solutions Document Imaaina Solutions Interested to exhibit? Tel: (65) 6848 5938 Email: OEA@bizlink.com.sg Organised By: BIZLINK Exhibition Services Pte Ltd A SUBSIDIARY OF Sf^l
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      184 4 CONTENTS Spot short-term potential equities based on daily stock rotation Fundamental interpretation on stock trading Technical application to spot new price extension Calculated risk management versus time-window exit Recording of personal trade journal LEARNING OUTCOME: Trainees may start trading in real market at very low risk immediately after the 1-day
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Yoma 1-for-3 rights issue to fund more acquisitions
      421 5  -  Increase of land bank among moves to boost diverse Myanmar portfolio By CLAIRE HUANG huangjy@sph.com.sg @ClaireHuangBT YOMA Strategic Holdings, which has a diverse Myanmar portfolio, has announced additional acquisitions which it will fund through a proposed one-for-three rights issue of up to
      421 words
    • Article
      Lock icon DBS credit profile unaffected by China exposure: Moody’s
      430 5 MOODY’S Investors Service says that DBS Bank’s rapidly growing presence in mainland China has not materially weakened its credit profile. “Most of DBS’ China exposure is to overseas borrowers that export to China, and the bank has very little direct exposure to
      430 words
    • Article
      Lock icon Jurong Shipyard sells longer dated bonds
      555 5  -  S$275m tranche has tenure of 7 years; S$325m tranche has 15-year duration By SIOW LI SEN lisen@sph.com.sg @SiowLiSenBT JURONG Shipyard, a wholly owned unit of Sembcorp Marine, has sold S$600 milli on b on d s w ith one tranche having a 15-year tenure,
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    • Article, Illustration
      Lock icon Linc Energy shares jump on offers for US oil assets
      500 8  -  Firm says talks are in the early days, no assurance of formal offer By ANDREA SOH sandrea@sph.com.sg @AndreaSohBT LINC Energy’s shares jumped nearly 8 per cent, or nine cents, to S$1.24 on Wednesday after the oil and gas exploration firm
      Source: Bloomberg  -  500 words
    • Article
      Lock icon Sunningdale to acquire Anchorage Singapore Holdings
      336 8  -  Target group has enterprise value of US$80m By CLAIRE HUANG huangjy@sph.com.sg @ClaireHuangBT MAINBOARD-listed Sunningdale Tech Ltd has unveiled plans to fully acquire privately held Anchorage Singapore Holdings (ASH) for an enterprise value of US$80 million. The buyout will create one of the largest precision
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    • Article
      Lock icon Logistics to acquire Johor land for development
      357 8  -  By CHAN YI WEN yiwenc@sph.com.sg LOCAL construction group Logistics Holdings is acquiring a plot of industrial land in Johor for RM38.8 million (S$ 15.3 million) for its maiden overseas property development venture. In a bid to diversify its income stream within the property
      357 words
    • Article
      Lock icon Maybank sees pick-up in investment banking
      279 8 Bloomberg [LONDON] Increasing share and debt sales in Malaysia and Singapore and growing stability in Thailand are set to underpin a pick-up in investment banking in South-east Asia in the rest of the year, according to Malayan Banking Bhd (Maybank). “We see things improving
      Bloomberg  -  279 words
    • Article, Illustration
      Lock icon SingPost stock up on postage hike news
      490 9  -  Shares up as much as 3.2% in early trade, then lose steam for 1.2% gain By JACQUELYN CHEOK jaccheok@sph.com.sg @JacCheokBT SHARES of Singapore Post (SingPost) ticked up by as much as 3.2 per cent to S$1.78 on Wednesday on news of an upward
      Source: Bloomberg  -  490 words
    • Article
      Lock icon LionGold delays Aussie deal to Sept 30
      321 9  -  By KENNETH LIM kenlim@sph.com.sg @KennethLimBT LIONGOLD Corp has delayed a planned acquisition of Australian gold mining and exploration assets for a second time, with the new deadline pushed to the close of Sept 30. No reason was given for the latest delay or
      321 words
    • Article
      Lock icon Global Yellow Pages narrows Q1 loss
      271 9  -  By NISHA RAMCHANDANI nishar@sph.com.sg @Nisha_BT GLOBAL Yellow Pages reported a net loss of S$649,000 for the first quarter ended June 30, 2014, narrowing from a loss of S$680,000 a year earlier. Revenue slipped 8.5 per cent year on year to S$4 million on the
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    • COMPANY BRIEFS
      • Article
        Lock icon Rex International raising S$96 million
        134 9 REX International is raising gross proceeds of S$95.76 million through a placement. It intends to place out through a private placement exercise up to 168 million shares at S$0.57 per share a discount of 7.7 per cent to the volume weighted average price of S$0.6176
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      • Article
        Lock icon MIT logs S$8.2 million in new orders
        94 9 MAINBOARD-listed Manufacturing Integration Technology (MIT) on Wednesday said that it secured a total of S$8.2 million in new orders. This came after it launched a new generation of vision inspection equipment under its Smart Flex series at the Semicon Taiwan 2014 Show in
        94 words
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      147 5 r AN EXPERIENCE BEYOND JAPANESE CUISINE 9 TO 13 SEPTEMBER 2014 Embark on a journey to explore the intricacies of Japanese culture as acclaimed Guest Chefs Masahiro Kasahara and Hisahi Yamashita from Tokyo collaborate with Mikuni’s culinary team in the presentation of exquisite menus. Further immerse yourself in time-honoured traditions
      147 words
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      Lock icon Page 5 Advertisements Column 2
      159 5 NG ASIA MEDICAL MANUFACTURING ASIA MEDICAL he 2nd Manufacturing Processes for Medical Technology Exhibition and Conference A m I u K Vi A. r—- 9-11 September 2014 Suntec Singapore Level 4 Your Strategic Platform for Medical Technology Solutions MEDICAL MANUFACTURING ASIA will provide you with the perfect opportunity to: DISCOVER
      159 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Hopes of Europe rate cut, QE lift markets
      625 6  -  Hang Seng Index’s 2.3% jump a further factor in STI’s 20.47-point gain STOCKS R SIVANITHY sivan@sph.com.sg @RSivanithyBT Senior Correspondent European markets opened with average gains of above one per cent on Wednesday, helping to lift the Straits Times Index by 20.47 points
      Source: Bloomberg  -  625 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 6 Sep 3 VALUE CLOSE BT OB/OS -167.00 +14.00 BT CADI -*****.00 +23.00 BT 10-day MA -*****.00 -17.00 FTSE ST Mid Cap 782.06 +2.47 FTSE ST Small Cap 553.09 +1.64 FTSE ST All Share 813.88 +4.41 FTSE ST China Top 199.75 +1.06 FTSE ST China 231.62 +2.08 FTSE
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 6 4 0 0 0 5 6 4 Manufacturing 49 45 44 7 10 13 56 55 57 Commerce 20 22 18 5 5 5 25 27 23 Tpt/Stor/Comms 15 14 12
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    • Article
      Lock icon BROKERS’ TAKE
      969 6  -  Compiled by KENNETH LIM Singapore Post Sept 3 close: S$1.745 DBS Vickers Research, Sept 3 SINGPOST received approval for 12-30 per cent rate hike across domestic and international mail from Oct 1, 2014 the first hike in eight years to mitigate cost increase. Annual revenue set to improve
      969 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 14,900 14,900 48,264 48,264 Manufacturing 203,138 42,043 245,181 119,451 4,841 124,292 Commerce 99,169 32,785 131,954 88,950 2,262 91,212 Tpt/Stor/Comms 135,908 9,632 145,540 161,858 1,842 163,701 Finance 21,644 271 21,915 203,466 61 203,526 Construction 108,649 41,641
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      121 6 Stock name Close Change Ascendas Reit 2.350 +0.010 CapitaLand 3.380 +0.060 CapitaMall Trust 1.995 +0.005 CityDev 10.010 +0.040 ComfortDelGro 2.590 DBS Grp 18.060 +0.130 Genting Sing 1.220 -0.015 Global Logistic 2.920 +0.050 Golden Agri-Res 0.515 +0.005 HPH Trust USD 0.715 +0.005 HongkongLand USD 6.990 +0.110 JMH
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    • Article, Illustration
      Lock icon Asian units rebound on upbeat China data
      542 6 CURRENCIES Reuters [SINGAPORE] Most emerging Asian currencies rebounded on Wednesday as upbeat Chinese service activity in August lifted regional stocks and on hopes for an end to geopolitical tensions over Ukraine. The US dollar also eased from 14-month highs against a basket of
      Reuters; PHOTO: AFP  -  542 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      63 6 VOLUME Singapore eDev R 75,000,000 Advance SCT 74,091,000 IHC 68,954,000 Mirach Energy 66,923,000 Artivision Tech 60,711,000 SIIC Environment 50,075,000 Charisma Energy 35,795,000 Sincap 33,517,000 Genting Sing 32,051,000 APAC Strategic 30,647,000 VALUE($) OCBC Bank 121,944,400 DBS Grp 42,714,211 SingTel 41,984,460 Global Logistic 41,111,480 Genting Sing 39,099,835 JMH 400
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    • Article
      Lock icon RISES
      113 6 BY CENTS CLOSE UP JMH 400 USD 6241 232.7 3.1 DBXT Nifty 10US$ ***** 141.3 0.8 Lyxor ThaiSET 10US$ ***** 138.8 0.8 DBXT EONIA 5US$ ***** 122.6 0.5 DBXT AUDCS 5US$ ***** 103.8 0.4 Jardine C&C 4508 65.0 1.5 DBXT AUDCS 5SG$ ***** 61.0 0.2 JSH 500 USD 3713
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    • Article
      Lock icon FALLS
      133 6 BY CENTS CLOSE DOWN DBXT USDIGInfl 5US$ ***** -243.9 -0.7 DBXT AUD Bonds 5AU$ ***** -228.4 -1.0 DBXT iBoxxSvEu 5US$ ***** -160.1 -0.5 GLD 10US$ ***** -107.6 -0.7 DBXT iBoxxUSTr 5US$ ***** -101.3 -0.4 DBXT MSKorea 10US$ 6443 -73.8 -0.9 DBXT iBoxxSing 5SG$ ***** -59.0 -0.5 DBXT iBoxxKR 5US$
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    • Article, Illustration
      Lock icon FTSE CATALIST INDEX
      4 6 DAILY
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      502 7 AN ASME-LIANHE ZAOBAO AWARD iff Jin «t ft Singapore Prestige Brand Award 14 YOUR 4 BRAND RISEN ABOVE THE OTHERS! HAS CONGRATULATIONS TO SPBA 2014 WINNERS' SPBA Promising Brands established between 3 and 8 years A3 Origin bio-home A4 AaAaA Orange Clove A9 A10 &uro-S/yfe S/ffuminaiion All A12 OC*OfT SKY,
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      49 8 FM N t*"' \W^ IOSS92 All the great songs in one place Win S$9,200 cash by identifying the five mystery celebrity voices! Tune in now to Kiss92's Maddy, Jason Arnold in the Morning, weekdays 6:00 -10:00am! facebook.com/kiss92fm 0kiss92fm www.kiss92.sg Download on the m AppStore ANDROID APR ON Google play
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      633 9 Gain An Edge In The Sales And Leadership Environment Productivity and Oodit (Pic) Claimable Who should attend: Supervisors, managers, team leaders and other general managers, executives, business owners, and anyone who wishes to achieve higher success in their career. 2014 SEPTEMBER SERIES FULL-DAY WORKSHOPS Raising Your Sales with Positive Psychology
      633 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Expansion of HP ink plant a boost for printing industry
      480 10  -  Production capacity will quadruple when facility opens next year By CAI YONG caiyong@sph.com.sg THE printing sector got a boost on Wednesday when technology giant HP announced a 10,000 sq m expansion to its Tuas ink plant, which will quadruple the
      480 words
    • Article, Illustration
      Lock icon Contractors urged to be vigilant in tender bidding
      404 10  -  By LEE MEIXIAN leemx@sph.com.sg @LeeMeixianBT SINGAPORE Contractors Association Ltd (SCAL) has urged its members to be “vigilant” in tendering for new projects and ensuring that they have factored all costs into their bids. This comes as generally low tender prices for new
      404 words
    • Article
      Lock icon More details revealed on innovation cluster
      648 10  -  Minister urges firms to speed up adoption of technology SINGAPORE GREEN BUILDING WEEK By CHAN YI WEN yiwenc@sph.com.sg @ChanYiWenBT FURTHER details have emerged on the National Research Foundation’s S$52 million investment in the Green Buildings Innovation Cluster (GBIC), which was set up to accelerate
      648 words
    • Article
      Lock icon Of 49 Prestige Brand awardees, 20 are repeat winners
      296 10  -  By MINDY TAN tanmindy@sph.com.sg @MindyTanBT A TOTAL of 49 brands clinched the Singapore Prestige Brand Award on Wednesday, 20 of whichhave won the honour in previous years. Said Chew Lee Ching, chairman of the SPBA 2014 organising committee: “We are very
      296 words
    • Article
      Lock icon S’pore startups score in Asia-Pacific rankings
      585 10  -  By JACQUELYN CHEOK jaccheok@sph.com.sg @JacCheokBT SOME 18 Singapore startups have emerged winners at the 2014 Red Herring Asia Top 100 awards, a mark of distinction as the year’s most promising private tech ventures in Asia Pacific. The number is second only to India’s crop
      585 words
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      203 10 $450 Received 2 online webinars if you sign up before 5 September 2014 To Get The True “Edge” in Forex You Need to Know When to Enter and Exit The Market. LEARNING OUTCOME: Learn the ONE Key Technique to survive and thrive in the currency market Understand Why Most Traders
      203 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon M’sia’s Chinese SMEs yet to feel Q2 growth
      520 11  -  Rising costs, govt policies cause of uneven distribution of wealth: poll By PAULINE NG in Kuala Lumpur DESPITE charting one of the region’s strongest economic performances in the first half, Malaysia’s small to mid-sized Chinese businesses say that their operations have seen
      PHOTO: AFP  -  520 words
    • Article
      Lock icon Weak earnings despite robust GDP data
      478 11  -  By S JAYASANKARAN in Kuala Lumpur MALAYSIA’S robust 6.4 per cent expansion in gross domestic product during the second quarter did not seem to have any effect on the corporate earnings of companies listed on the stock exchange. On the contrary, it was, in
      478 words
    • Article, Illustration
      Lock icon Indonesia energy minister a suspect in graft case
      406 11 Reuters [JAKARTA] Indonesia’s an-ti-corruption agency said on Wednesday that the energy minister was a suspect in a case involving extortion and abuse of authority, the latest in a string of cases that have tainted President Susilo Bambang Yudhoyono’s final year in office.
      Reuters  -  406 words
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      204 11 Limited Slots left for Qualifiers Want to play golf for Singapore? Here’s your chance to compete with golfers in your handicap categories! SINGAPORE QUALIFIERS 23 29 September (pick one or join both) Sentosa Golf Club, Tanjong Course TOP 80 QUALIFY FOR FINAL ONE-TIME ENTRY FEE $588 Sponsors *HOLE-IN-ONE Lotus Evora
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  • CHINA/INDIA
    • Article, Illustration
      Lock icon India’s economy not out of the woods yet
      558 12 Growth came mostly from robust govt spending Reuters [NEW DELHI] Optimism that sunny growth figures herald an economic revival in India is probably misplaced in fact there is little hard evidence to support t h e id ea t h a t
      Reuters; PHOTO: AFP  -  558 words
    • Article
      Lock icon Banks chase Mallya as Kingfisher stays grounded
      434 12 Reuters [MUMBAI] Indian lenders are increasing pressure on liquor baron Vijay Mallya to facilitate repayment of the debts of his Kingfisher Airlines, which has not flown since 2012 and owes more than US$1 billion to a consortium of mostly state-run banks. The airline
      Reuters  -  434 words
    • Article
      Lock icon Warburg Pincus invests US$700m in asset manager
      629 12 Huarong stake buy is biggest deal by foreign firm in China financial industry Bloomberg [HONG KONG] Warburg Pincus will invest close to US$700 million in China Huarong Asset Management Co, sources said, in the biggest investment in the nation’s financial industry by a
      Bloomberg  -  629 words
    • Article, Illustration
      Lock icon China oil firms to up capex as graft probe winds down
      565 12 Reuters [HONG KONG] Flagship Chinese oil producers are preparing to ramp up capital spending plans, offering a lift for oil services firms that suffered from belt-tight-ening in the first half. State-controlled majors PetroChina and Sinopec Corp delayed investing in
      Reuters; PHOTO: REUTERS  -  565 words
    • Article
      Lock icon Australia to sign uranium sale deal with India
      256 12 Reuters [SYDNEY] Australian Prime Minister Tony Abbott said on Wednesday he hoped to sign a deal this week to sell uranium to India for peaceful power generation, but halted uranium exports to Russia over Moscow’s role in Ukraine. Work on an India-Aus-tralia
      Reuters  -  256 words
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  • WORLD
    • Article
      Lock icon S&P 500 valuations narrow to near record
      793 13 Buyers are making too few distinctions among good and bad companies Bloomberg [NEW YORK] The Standard Poor’s 500 Index, one of the most diverse benchmarks for stocks in America, is starting to resemble a collection of clones. Three years of virtually uninterrupted gains
      Bloomberg  -  793 words
    • Article
      Lock icon Eurozone business growth in August slows to year’s low
      400 13 Reuters [LONDON] Eurozone business grew at the slowest rate this year in August as escalating tension between Russia and Ukraine subdued spending and investment, surveys showed on Wednesday. Signs of slower growth, coupled with firms cutting prices at an even faster
      Reuters  -  400 words
    • Article, Illustration
      Lock icon Australian economic growth slows to 0.5% in Q2
      703 13 Bloomberg [SYDNEY] Australia’s economy expanded at a slower pace in the three months through June, underscoring the central bank’s bias to keep interest rates at a record low to boost domestic demand. Second-quarter gross domestic product advanced 0.5 per cent from the
      Bloomberg; PHOTO: REUTERS  -  703 words
    • Article
      Lock icon Swiss economy stalls in Q2 as export growth slows
      417 13 WP [ZURICH] The Swiss economy unexpectedly stalled in the second quarter as stagnating growth in the euro area hurts exports. Swiss gross domestic product was unchanged in the three months through June from the previous quarter, when it expanded 0.5 per
      WP  -  417 words
    • Article, Illustration
      Lock icon World losing Ebola fight: health officials
      1005 14 Epidemic picking up speed, govts blamed for not hearing alarm bells earlier WP [WASHINGTON] Leading international health officials say the Ebola epidemic in West Africa is accelerating and the window for getting it under control is closing. “Six months into the worst Ebola epidemic
      WP; PHOTO: AFP  -  1,005 words
    • Article, Illustration
      Lock icon Court in Frankfurt slaps nationwide ban on Uber
      655 14 Company faces fine, jail for employees if it violates injunction NYT [LONDON] The most popular service of the ride-hail-ing company Uber has been barred from operating in Germany in one of the most severe legal restrictions the company has faced since it
      NYT; PHOTO: AFP  -  655 words
    • Article
      Lock icon Celebrity nude-photo hack from Apple account shows risk in security questions
      850 14 Questions such as mother’s name or school easy to crack Bloomberg [WASHINGTON] Questions such as your mum’s maiden name are often used by companies to improve online security. The theft of nude celebrity photos from Apple Inc accounts shows
      Bloomberg  -  850 words
    • Article
      Lock icon Treasuries dropping hints of what lies ahead
      571 14 Bloomberg [SINGAPORE] Treasuries are getting a taste of what life may be like as the world’s biggest economy improves. United States government securities held their tumble that came on Tuesday as a report showed manufacturing expanding at the fastest pace in three years
      Bloomberg  -  571 words
    • Article
      Lock icon Fed proposes higher liquidity norms for big US banks
      492 15 It also mulls new margin rules for swap trades outside clearing houses Reuters [WASHINGTON] US regulators on Wednesday unveiled rules determining how much money or margin swaps buyers and sellers must set aside when they do trades outside central clearing houses,
      Reuters  -  492 words
    • Article, Illustration
      Lock icon Jobs recovery to stay weak in 2015: OECD
      385 15  -  By ANTHONY ROWLEY in Tokyo UNEMPLOYMENT will remain well above pre-global financial crisis levels next year in most advanced economies, the Organisation for Economic Cooperation and Development (OECD) warned in its Employment Outlook publication issued on Wednesday. Average jobless rates in the
      PHOTO: REUTERS  -  385 words
    • Article
      Lock icon EU slaps US$181.3m fine on 3 firms
      366 15 Samsung, Philips, Infineon colluded to fix price of chips Bloomberg [BRUSSELS] Samsung Electronics, Royal Philips and Infineon Technologies were fined a total of US$181.3 million by the European Union for fixing the price of chips used in mobile phones and bank cards. Samsung,
      Bloomberg  -  366 words
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      Lock icon Strong factory orders, car sales brighten growth picture
      357 15 LATEST US DATA Reuters [WASHINGTON] New orders for US factory goods jumped in July and car sales in August were unexpectedly strong, offering further signs of strength in the manufacturing sector. The Commerce Department said on Wednesday that new orders for manufactured
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      Lock icon LVMH, Hermes end ‘handbag war’
      329 15 Reuters [PARIS] A long and bitter battle that has gripped the luxury goods industry and pitted two of France’s richest families against each other came to an unexpected end on Wednesday when LVMH and Hermes agreed to a truce. Under the deal, LVMH the world’s
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    • Article
      Lock icon Investors expect banks to raise US$67b after ECB tests
      466 15 Reuters [LONDON] The European Central Bank’s (ECB) landmark review of eurozone banks will have to ask lenders to raise an additional US$67.02 billion to be credible with markets, a Goldman Sachs survey of large institutional investors has found. The survey of
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      1217 13 The Business Times L T/^VT'T/nj 1 P Toll free 1800-289-8822 M I I Email notices@sph.com.sg J B V j B j il www.sphclass.com.sg/notices LOST SHARE CERTIFICATE The following share certificate have been reported lost, destroyed or mislaid:Name of Company Certificate No. In the Name of No. of Shares ComfortDelGro *****39
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      21 15 SEPTEMBER ISSUE OUT NOW! NOW AVAILABLE IN DIGITAL EDITION FOR TABLETS AND SMARTPHONES! 50%OFF1-YEAR DIGITAL SUBSCRIPTION DOWNLOADTORQUESINGAPORE FROM THESE PLATFORMS: WWW.TORQUE.COM.SG
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      32 15 SHOULD DHONI STEP DOWN? We ask the Indian cricket captain’s fans in Singapore Rajasthan’s water ATMs GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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  • EDITORIAL & OPINION
    • Article
      Lock icon Beware risks of illiquid, low-volume market
      498 16 EDITORIAL THERE is mounting frustration among yield-hungry investors at the state which equity markets find themselves in, with liquidity and volatility having fallen sharply over the past six months. In Singapore for example, stockmarket turnover was about 30 per cent lower for the first
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      Lock icon Asia must pursue clean and efficient energy options
      747 16  -  THE BOTTOM LINE By PETER SCHWARTZ The writer is a futurist and senior vice-president of salesforce.com. He will be continuing the energy discussion at the 7th Singapore International Energy Week (SIEW) 2014, on Oct 27-31. Themed ‘Building Energy Connections’, SIEW is a
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      Lock icon How non-exec directors are paid affect firms’ risk level
      1127 16  -  Equity-based pay can result in them having risk attributes that are similar to management By VINCENT CHEN, HO YEW KEE, ZINAN ZHU The writers are faculty from the Department of Accounting at the NUS Business School. This commentary is based on
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      Lock icon Reshaping global economic management
      1246 17  -  Creation of two new BRICS institutions will be at the top of agenda when finance ministers meet in US By SHAHID JAVED BURKI The writer is former vice-president of the World Bank and also former Pakistan finance minister IN a few weeks’ time, finance ministers from
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      Lock icon Helping our SMEs grow stronger together
      870 17  -  By DR MICHAEL PULCH The writer is the Ambassador of the European Union to Singapore THE European Union (EU) and Singapore share many common interests and goals. Among these is an unfettered commitment to promote strong and sustainable economic development that delivers good quality
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      Lock icon Market reaction to queries: Singapore’s experience is consistent with Hong Kong’s
      537 17 LETTER TO THE EDITOR WE refer to the commentary, “Responses to queries: how market reacts” (BT, Aug 22), by Mak Yuen Teen, Ho Yew Kee and Eugene Kwek. We are heartened that the writers support Singapore Exchange’s proposal to
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  • AVIATION/SHIPPING
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      Lock icon Changi Airport operator boosts long-haul flights, transfer traffic
      512 18  -  Rebates and incentives will cost S$50 million over the next 19 months By NISHA RAMCHANDANI nishar@sph.com.sg @Nisha_BT [SINGAPORE] Under its previously announced Growth and Assistance Incentive (GAIN) package, airport operator Changi Airport Group (CAG) is rolling out landing fee rebates for long-haul
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      Lock icon Tanjung Langsat Port to sell Johor storage terminal
      456 18 Reuters [SINGAPORE] Malaysia’s Tanjung Langsat Port (TLP) plans to sell its storage tank terminal in the southern state of Johor and has short-listed at least five companies for a second round of negotiations, sources close to the matter told Reuters. The terminal
      Reuters  -  456 words
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      Lock icon TRANSPORT STOCKS
      245 18 SGX '000 Sep 03 S$ +/-Vol Ch Offshore 0.48 unch 350 Chuan Hup Hldg 0.29 -0.01 238 Cosco Corp 0.73 0.01 1546 Cwt Limited................1.78 -0.03 457 First Ship Lea 0.11 unch 135 Grand Banks unch unch 0 Jaya Hold Ltd imrh K1Ventures Chuan Hup Hldg.. Keppel Corp 10.98
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      Lock icon Norwegian Cruise to buy Apollo’s Prestige Cruises
      419 18 Reuters [BANGALORE] Norwegian Cruise Line Holdings said that it would buy Prestige Cruises International from its owner Apollo Global Management LLC in a US$3 billion deal to expand its high-end luxury cruise offerings. Shares of Norwegian C r u i se t h
      Reuters; PHOTO: AFP  -  419 words
    • Article
      Lock icon China moves to modernise shipping sector
      308 18 Biggest trading nation wants to secure supply chains Reuters [SHANGHAI] China published a set of guidelines to support and develop its shipping industry on Wednesday, sending shares in shipping firms such as China Cosco and China Shipping higher. The world’s biggest trading nation is
      Reuters  -  308 words
    • Article
      Lock icon Time’s up for buyers of Cyprus Airways
      426 18 AFP [NICOSIA] Potential buyers of Cyprus Airways had until Wednesday to submit non-binding offers for the loss-making national carrier, with Ryanair and Aegean Airlines in the running. Ireland’s budget carrier Ryanair said last week that it was ready to submit a firm offer
      AFP  -  426 words
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      24 18 Industry players: Soft power of China's large enterprises a far cry from world-class companies world-class companies To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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  • Page 18 Miscellaneous
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      355 18 CRYPTIC CROSSWORD Across 1 Bit of coffee offered by European, tall figure (8) 5 Sun involved in junk communication before news, finally, in brief spurts (6) 9 A connection around university that’s widely evident (9) 11 Musical work stocked in shop eradicated (5) 12 Like something sewn on uniform? No
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  • Article
    Lock icon SHIPPING TIMES
    1197 19 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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      81 19 Experienced ship maintenance findyou y r I services services wanted, heremthe Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 The Business Times I IIL UUJIIVLJJ I IIVILJ Shipping Times Legal services required by shippers owners TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here
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  • SINGAPORE STOCKS
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      Lock icon SGX MAINBOARD
      4206 20 Transaction date: Sep 3 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 13 10.4 8Telecom Last Sale Vol Day Last Quote --AAT Div Gr Yld C'vr 14.2 6.7 AIMS Property 14 unch
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      Lock icon SGX CATALIST
      405 21 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 32.5 25 t 3Cnergy 500 Vol Day Last Quote Div Gr Yld Net M Cap 43.5 28 t Alliance Mineral 34 +0.5 4671 34.5
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    • Article
      Lock icon UNIT TRUST & FUNDS
      10689 21 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** APS Alpha Fund (USD)!* Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mat Asia Limited 1.0148/ 3.0322/ European Opportunities 1 1 3351/ Malaysian Equity USD!** Pacific Equity USD!** S'pore Equity USD!** Thailand Equity USD!** S'pore Equity
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      Lock icon GLOBALQUOTE
      249 21 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 64 50 AVJennings A63xd -0.5 15 63 62 61 64 3.6 5.6 5.1 233.2 Company 343 250 TanChongInt HK310cd -1 330 310 310 308 310 9.7 3.4
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      Lock icon SGX ETF
      1136 21 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 118 108.3 ABF SG Bond ETF 116.1 11 116.1 116.1 116.1 117 530 138.2 119 CIMB APAC Div 100S$D 138.2cd +1.4 138.2 138.2 136.9 139.6 110.4
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      673 22 Sep 3 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.79 *****.38 *****.54 Sep14 *****.00 *****.00 *****.00 *****.00 ***** *****6 Dec14 *****.00 *****.00 *****.00 *****.00 1041 ***** MSCI TAIWAN INDEX FUTURES SPOT 343.44 345.54 342.74 Sep14 342.60 345.70 341.60 344.80 ***** *****7 Oct14 342.50
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      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 22 In local curr In S$ In US$ dy yr dy yr dy yr Sep 2 Index Change Change Change Change Change Change World Preliminary 1256.5 0.1 6.1 0.3 4.4 -0.1 5.2 EAFE Preliminary 978.9 0.4 2.4 0.3 -0.3 0.0 0.4 Europe Preliminary 1394.0 0.1 2.9
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      Lock icon INTERBANK CROSS RATES
      471 22 Sep 3 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.017 5.721 0.709 7.218 56.356 109.690 0.978 9.499 2.962 1.119 95.347 40.625 1.165 9.962 0.856 27.862 29.822 0.565 0.931 Canada 0.984 5.628
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      Lock icon SIBOR
      39 22 Sep 3 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) 1 mth 1 mth 3 mths 3 mths 6 mths 6 mths Source: Thomson Reuters
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      Lock icon GOVERNMENT SECURITIES
      78 22 Sep 3 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 1-Year BY*****S 02-May-15 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****F 3.75 01-Sep-16 106.41 106.45 106.45 5-Year NX*****W 2.5 01-Jun-19 105.12 105.20 105.20 10-Year NY*****H 3.000 01-Sep-24
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      Lock icon PRECIOUS METALS
      122 22 Sep 03 GOLD(US$/oz) Sep 03 Sep 02 Hong Kong 1268.00 1281.00 Sep 02 Sep 01 London 1264.87 1287.06 1265.33 1287.52 Source: Thomson Reuters CAST BAR Sep 03 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 77 48 5gm 307 252 10gm 571 507
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    • Article
      Lock icon PALM OIL
      57 22 Sep 3 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 14 1970.0 1984.0 1990.0 1962.0 570 3155 Oct 14 1945.0 1982.0 1988.0 1943.0 4509 ***** Nov 14 1944.0 1978.0 1986.0 1941.0 ***** ***** Dec 14 1983.0 2013.0
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      Lock icon INTERBANK CURRENCY RATES
      155 22 Sep 3 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1649 1.1658 0.9313 0.9314 Canadian dollar 1.1456 1.1471 0.9164 0.9159 Euro 1.6438 1.6452 1.3142 1.3144 NZ dollar 1.0404 1.0419 0.8318 0.8324 Sterling pound 2.0601 2.0619 1.6470 1.6473
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      Lock icon CHICAGO BOT
      109 22 Sep 2 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 14 1097.25 1089.50 1108.00 1085.00 Nov 14 1032.00 1024.25 1038.00 1020.25 Jan 15 1039.75 1032.50 1045.50 1028.50 Mar 15 1047.00 1040.50 1052.75 1037.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Sep 14
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    • Article
      Lock icon LIFFE
      95 22 Sep 2 COCOA (£/tonne) Close Prev High Low Sep 14 2002 2031 2039 2000 Dec 14 1990 2009 2021 1988 Mar 15 1966 1980 1994 1963 May 15 1956 1969 1981 1953 COFFEE(US$/tonne) Close Prev High Low Sep 14 2090 2059 2091 2065 Nov 14 2112 2081 2114 2077
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      977 22 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4.7 0.3 1 -56 3.80 46 Asia-Pacific Strategic W*****6 3.6 0.1 3809 1 2 56 Ratio Exer Ascendas REIT MB eCW*****3 2.4 0.2 230 2 Asiatic Grp(Hldgs) Ltd
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 22 CRUDE OIL PRODUCTS Sep 02 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 101.14 -1.28 WTI (Near Mth) 92.95 -2.91 Dubai (1-Mth F) 100.64 -0.96 Tapis blend 103.84 -0.79 Minas 98.84 -0.79 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 98.06 -0.13 Jet Kerosene 115.89 -0.20 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 22 Sep 3 S$ Bid Offer 1-month 1.2508 1.2517 2-months 1.2508 1.2517 3-months 1.2508 1.2517 6-months 1.2507 1.2516 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      65 22 Sep-02 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2089.00 2080.75 3 months 2107.00 2095.00 Copper, Grade A(US$/tonne) Cash 6983.00 6968.00 3 months 6968.00 6942.00 Lead(US$/tonne) Cash 2234.00 2228.25 3 months 2239.00 2233.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
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      Lock icon FOREIGN CURRENCY NOTE RATES
      121 22 As at 9am Sep 03 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.190 1.134 Can dollar 1.168 1.124 Euro 1.684 1.604 Sterling pound 2.102 2.022 NZ dollar 1.066 1.025 US dollar 1.278 1.218 Local dollars to 100 units of foreign
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      Lock icon INTERBANK RATES
      157 22 Sep 3 $S Offer Bid 0vernight 0.02 par 1-month 0.3125 0.1875 2-months 0.3750 0.2500 3-months 0.4375 0.3125 Overnight mode: 0.12 US$ Offer Bid 7 days 0.18 0.08 1 month 0.25 0.15 2 months 0.30 0.20 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
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  • PROPERTY
    • Article, Illustration
      Lock icon Failed home deals in UK rise with bank limits
      881 23 BOE slaps mortgage lending curbs after home prices soar to record levels WP [LONDON] More Britons are pulling the plug on home purchases amid signs that the market’s 16-month rally is coming to an end after banks tightened mortgage standards. In
      WP; PHOTO: BLOOMBERG  -  881 words
    • Article
      Lock icon Househunt
      1147 23 PROPERTY TRANSACTIONS FOR DISTRICTS 1 TO 28 WITH CONTRACT DATES BETWEEN JULY 23 AND JULY 29, 2014 PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN LAND PRICE PSF STREET NAME TYPE DATE AREA* (SQ FT) (S$'000) (S$) District 1 NON-LANDED One Shenton Apt 25/07/2014 99 1561 3100 1986 District 2 NON-LANDED
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    • Article, Illustration
      Lock icon Speculators leaving Brazil property market
      997 24 Nation’s residential real-estate bubble may deflate slowly, rather than pop Bloomberg [SAO PAULO] Brazil’s residential real-estate bubble may deflate slowly, not pop, as speculators abandon the market and builders such as Rossi Residencial SA sell off less-profita-ble homes ahead of more lucrative sales. Prices are
      Bloomberg; PHOTO: BLOOMBERG  -  997 words
    • Article
      Lock icon Office revamp in S’pore offers high returns
      408 26  -  Report ranks island No 4 among 15 global cities, with yield of 7.53% By JAN LEE janlee@sph.com.sg SINGAPORE has emerged fourth in a recent report that found that the city-state offers investors some of the most attractive returns for minor office building refurbishment
      408 words
    • Article
      Lock icon Henderson to spend HK$6.5b on retail complex
      123 26 Bloomberg [HONG KONG] Henderson Land Development Co, controlled by billionaire Lee Shau-kee, will spend HK$6.5 billion (S$1 billion) on a shopping centre in Hong Kong’s prime retail area after beating 17 rivals to win a land tender. The complex in Tsim Sha Tsui,
      Bloomberg  -  123 words
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      Lock icon Tokyo property investments surge on rising rents
      1267 26 Prime office rents expected to rise by about 30% over the next 3 years Bloomberg [TOKYO] Investment in Tokyo properties is surging on prospects that rents will rise, boosting returns, even after a 20 per cent gain in prices since Japanese Prime Minister
      Bloomberg; PHOTO: BLOOMBERG  -  1,267 words
    • Article, Illustration
      Lock icon Indonesian tycoon Tahir picks up 12 Grange Infinite units
      734 28  -  Deal amounting to S$70m prices 11 apartments at about S$2,050psf By KALPANA RASHIWALA kalpana@sph.com.sg @KalpanaBT INDONESIAN tycoon and philanthropist Tahir is understood to be the buyer in the recent bulk transaction of 12 units at the completed, freehold Grange Infinite project.
      FILE PHOTO  -  734 words
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      Lock icon Tuan Sing to buy over Aussie hotel associate
      331 28  -  Completion of deal worth A$126m seen before year-end By CLAIRE HUANG huangjy@sph.com.sg @ClaireHuangBT TUAN Sing Holdings on Wednesday said that it would buy the 50 per cent stake in Australia’s Grand Hotel Group (GHG) belonging to joint venture partner Morgan Stanley, for
      331 words
    • Article
      Lock icon M’sia developer mulls towers next to UBS HQ in London
      147 28 Bloomberg [LONDON] AlloyMtd Group, the Malaysian infrastructure builder, is considering developing two towers adjacent to UBS AG’s new headquarters in the City of London financial district. The buildings would have about 19,500 square metres of office space, a hotel and
      Bloomberg  -  147 words
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      574 24 RETAIL SHOPPING COMPLEX AUCKLAND, NEW ZEALAND Located on a high profile corner site in East Auckland, Pakuranga Plaza comprises 29,541m 2 of retail and office space leased to close to 100 tenants and generating net income of approximately NZ$8.3 million pa. The property consists of the three main components: The
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      83 24 Li* THAT GREEN HOUSE A Conservation Treasure at Blair Road A one of a kind remarkable conservation corner with a real swimming pool! Nothing like it architecturally, nothing like it internally. High vaulted ceilings, superbly styled spaces, at once tropical with classical elegance. A special experience that cannot be replicated
      83 words
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      48 24 FREEHOLD COMMERCIAL STRATA Iffl m B1 THOMSON IMPERIAL COURT Strata area: 11,011 sqft Tenanted to large supermarket Annual income stream-$633K Large catchment area of Thomson Ang Mo Kio Faces main road Suits all trade Walking distance to MRT CEA Accredited Agents welcome Owner; 6476 8886 Wellspring Investments Ltd
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      354 25 J A THE LANDAU FULHAM, LONDON SW6 m c: EXHIBITION «<&«£: :.«js Saturday 6 Sunday 7 September 2014 llam 7pm Boardroom II III Level III Regent Hotel l Cuscaden Road Singapore, *****5 jr V *Wi»w i M T omputer generated irrtdge of pocket garden at The Landau** Si a SPACE
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      381 26 RARE FREEHOLD LANDED DEVELOPMENT SITE S'PORE ISLAND COUNTRY CLUf 3p* CAMDEN PARK GCBA ST JOSEPH'S INSTITUTION KHEAM HOCK ROAD DACpi cc 5 PORE Town Chinese club GIRL'S I SCHOOL CLUNY COURT BOTANIC garden; SINGAPORE BOTANIC GARDENS Investment Properties 6224 8181 Site area 3,831.8 sq m approximately 41,245 sq ft Masterplan
      381 words
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      114 26 PRIMELOCATION,DISTINCTIVEBUILDINGANDCENTREOFSPECIALISTS Medical Suites for lease at Orchard Boulevard Prime location in the heart of tourist shopping and prime residential area of Orchard andTanglin Road •Multi-disciplinarymedicalcentrewithover100topspecialists •Radiology&Diagnosticlaboratories •CloseproximitytoGleneaglesandMtElizabethHospitals •AmpleparkingandshuttlebustoOrchardMRT F o r l eas i n g e n q u i r i es p l ease ca ll Audrey
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      Lock icon Page 26 Advertisements Column 3
      147 26 Commercial Offices For Rent Near MRT stations Various unit sizes Column free /Raised flooring available Rents from $7psf Raffles Place Marina Bav 1000 2200 3700 5000 17,000 22,000 sqft Robinson Road Cecil Street 1600 2200 4100 5200 8200 sqft Tanionq Paqar 1000 4500 7100 9000 13,400 sqft TENANTS We will
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      309 27 PRINCIPAL TOWER LONDON EC2 I m x mi /V Uf v K< A A Rf.'. v vw ■to./ avA iSar-v. v 1 wmm a •few:*, v v t' A A A w*;*v..\ v. V A, A \> V. V V V: A A v V a a I' \*A l*v'
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