The Business Times, 8 April 2015

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Total Pages: 40
1 40 The Business Times
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  • Title Section
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    24 1 THE BUSINESS TIMES S$1.00 S|jh A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg G C ©BTBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 Wednesday, April 8,2015
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  • DAILY DIGEST
    • Article
      Lock icon Some life insurers
      35 1 in Singapore are sparing no effort to woo customers, now that consumers can compare more than 200 life insurance products available on the retail market through an online portal. TOP STORIES/ 2
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    • Article
      Lock icon The Asian Infrastructure Investment Bank
      41 1 is likely to figure large in June talks planned between China’s Finance Minister Lou Jiwei and his Japanese counterpart Taro Aso, opening the way for cooperation on the AIIB between Asia’s two economic powers.TOP STORIES 3
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    • Article
      Lock icon Oil prices fell
      34 1 after the biggest rally in two months as investors weighed forecasts for rising US crude supplies against signs that Saudi Arabia is betting on an improvement in demand. TOP STORIES 4
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    • Article
      Lock icon Private equity deals
      19 1 inked in the Asia-Pacific region hit an all-time high of US$81 billion last year.COMPANIES MARKETS 5
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    • Article
      Lock icon OCBC is closing the gap
      38 1 with top-ranked Singapore dollar bond arranger DBS Group. In the three months to March 31, OCBC boosted its market share to 32.4 per cent, according to data compiled by Bloomberg. COMPANIES MARKETS 7
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    • Article, Illustration
      Lock icon Samsung Electronics
      24 1 expects earnings in the first quarter of 2015 to beat analyst forecasts, a sign of a possible turnaround for the firm.TECHNOLOGY 15
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    • Article
      Lock icon The world’s growth potential,
      34 1 hit by the 2007-2009 financial crisis, is likely to lag for years, implying that interest rates should likely stay low for quite a while, said the IMF. GOVERNMENT ECONOMY /17
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    • Article
      Lock icon US Defense Secretary Ashton Carter
      27 1 has thrown the weight of the Pentagon behind President Barack Obama’s fight to push the Trans-Pacific Partnership trade deal through Congress.GOVERNMENT ECONOMY/18
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  • Article
    Lock icon MARKETS
    27 1 Tuesday Change STI 3,465.62 +12.71 KL COMP 1,856.51 +13.57 NIKKEI 225 19,640.54 +242.56 HANG SENG CLOSED CLOSED SHENZHEN B 1,179.06 +6.73 DOW (noon EDT) 17,969.07 +88.22
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  • Article, Illustration
    Lock icon Singapore goes on charm offensive as visitor arrivals soften
    908 1  -  Singapore Tourism Board to set aside S$20m for global marketing campaign offering airline, hotel, retail and dining deals this Golden Jubilee year By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT @Nisha_BT Singapore WITH headwinds continuing to exert pressure on the local tourism industry, the
    FILE PHOTO  -  908 words
  • Article
    Lock icon Singapore companies find more China doors opening
    835 1  -  New opportunities abound for firms in e-commerce, real estate, infrastructure and eldercare By Fiona Lam fionalam@sph.com.sg Singapore COMPANIES eyeing China can expect new investment opportunities and a more relaxed foreign investment environment there soon. Some newly liberalised sectors which Singapore investors can look
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      172 1 Hill 8 '*****1 *****4 HOCK LOCK SIEW AGMs make for good marketing opportunities COMPANIES MARKETS 6 REAL ESTATE OCBC looks to sell over 30 shophouses and shop units STRAIT TALK Confidence sinks over vessel orders COMPANIES MARKETS 7 TRANSPORT 23 GROWTH IN CHINA ASSETS China shines as growth spot for
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  • TOP STORIES
    • Article
      Lock icon Launch of life insurance online portal spells lower premiums
      916 2  -  Consumers can now easily compare over 200 insurance products, including a new suite of basic products By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore SOME life insurers are sparing no effort in wooing customers with competitive pricing of premiums, now that consumers can
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    • Article
      Lock icon Get your skates on
      897 3  -  Athens must make serious reforms in pensions, taxes, banking in the next fortnight or risk a disorderly default *131 REUTERS BREAKINGVIEWS By Hugo Dixon GREECE has two weeks to produce some red meat. The default scenario is off the table for the time being after Yanis
      897 words
    • Article
      Lock icon China, Japan finance ministers likely to talk AIIB at June meeting
      667 3  -  While Tokyo says there’s no change to its position on the Chinaled development bank, meet could allow exchange of views By Anthony Rowley btworld@sph.com.sg Tokyo THE China-led Asian Infrastructure Investment Bank is likely to figure large in June talks
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    • Article, Illustration
      Lock icon Oil prices fall following biggest advance in two months
      689 4 Prices will stay low this year as US stockpiles increase to “historically elevated levels” through 2016, says Goldman BLOOMBERG London OIL fell after the biggest rally in two months as investors weighed forecasts for rising US crude supplies against signs that
      BLOOMBERG; PHOTO: BLOOMBERG  -  689 words
    • Article
      Lock icon Iran’s return to global oil markets will be slow amid jostling for investors
      608 4 BLOOMBERG London IRAN’S full return to world oil markets will be hindered by strong competition for foreign investment dollars from rival producers including Iraq, Mexico and Brazil, among others. In a world of surplus supply, prices hovering
      BLOOMBERG  -  608 words
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      928 2 Student engagement is key to effective learning Digital and interactive tools are enhancing the learning experience and graduate outcomes. Loh Hui Yin finds out how Singapore’s S P Jain School of Global Management is using some of these modern tools to transform its classrooms. Pre-learning Online multimedia lessons Adaptive e-books
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      546 3 spotting emerging opportunities in asia PARTNER WITH A LEADING EXPERT IN ASIA From India to Indonesia, Asia’s leaders are driving economic reforms that could usher in a new era of growth. A new Asia is emerging, and we can help you capitalise on it. As an emerging markets pioneer, we’ve
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      222 4 You need firm facts, to make decisions in unstable markets. That’s why we’re partners. We have always felt that lasting relationships are built around sharing our clients’ needs and concerns. As NN Investment Partners, we will continue to deliver investment solutions that best fit your interests, in the same spirit
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Asia-Pac PE deals hit record high of US$81b in 2014: Bain
      651 5  -  Temasek claims region’s biggest transaction with its US$5.7b investment in HK’s Watson Group By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore PRIVATE equity (PE) deals inked in the Asia-Pacific region hit an all-time high of US$81 billion last year, topping the
      Source: Preqin  -  651 words
    • Article
      Lock icon Q2 forex gains, tug sale lift EMAS profit
      324 5  -  By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore OFFSHORE support services provider EMAS Offshore said on Tuesday that it plans to trim costs and redouble its efforts to get more of its fleet chartered out, after posting a poorer performance in its shallow-water chartering
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    • Article
      Lock icon Expansion part of KTL Global’s new thrusts
      360 5  -  By Prisca Ang prisang@sph.com.sg Singapore KTL Global will continue its expansion beyond local shores despite recent declines in crude oil prices which have impacted the offshore oil and gas industry. Strategic plans unveiled by the Singapore-based offshore solutions provider, which has facilities in
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    • Article
      Lock icon AGMs make for good marketing opportunities
      997 6  -  HOCK LOCK SIEW BY CAO HAOXIANG haoxiang@sph.com.sg @HaoxiangCaiBT AT THE annual general meetings (AGMs) of Fraser Neave (F&N) in the past, there was a nice touch thirsty shareholders could gulp down Fruit Tree juices, 100 Plus, F&N Orange and Sarsi. There was even Magnolia
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    • Article
      Lock icon Australia chasing miners for shifting profits through S’pore hubs: paper
      223 6 REUTERS Melbourne AUSTRALIA is pursuing global miners BHP Billiton and Rio Tinto for shifting billions of dollars in iron ore profits through marketing hubs in Singapore that pay almost no tax, the Australian Financial Review reported on Tuesday. The Australian
      REUTERS  -  223 words
    • Article, Illustration
      Lock icon OCBC looks to sell over 30 shophouses and shop units
      674 7  -  Properties are in areas like Havelock, Geylang, Upper Thomson, Sixth Avenue, Balestier and HDB estates By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore OVERSEA-Chinese Banking Corporation (OCBC) is poised to divest a portfolio of more than 30 shophouses and strata shop units
      PHOTO: ARTHUR LEE  -  674 words
    • Article
      Lock icon OCBC closes gap on DBS as S’pore banks vie for bond deals
      477 7 BLOOMBERG Singapore OVERSEA-Chinese Banking Corp is closing the gap on top-ranked Singapore dollar bond arranger DBS Group, trailing by the narrowest margin on record last quarter. OCBC helped issue S$ 1.56 billion of offerings at home in the
      BLOOMBERG  -  477 words
    • Article, Illustration
      Lock icon STI / Catalist
      65 8 STI Catalist Straits Times Index April 7, 2015 3,465.62 +12.71 (+0.37%) Current streak 1 day Day high 3,476.20 Day low 3,459.94 52-week high 3,465.62 (Apr 7, 2015) 52-week low 3,154.21 (Oct 16, 2014) FTSE ST Catalist index April 7, 2015 723.35 +9.52 (+1.33%) Current streak 3 days Day high 724.26
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    • Article, Illustration
      Lock icon ST Index up, following Wall Street’s lead
      639 8  -  But the real action is once again in penny stocks; average value per unit traded for the market is S$0.48 STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT MONDAY’S column earlier this week said Wall Street would probably welcome last Friday’s weak US jobs report
      Source: Bloomberg  -  639 words
    • Article
      Lock icon STI STOCKS
      319 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 263 +7 263/257 263 219 5.4 6649.6 CapitaLand 355 cd -3 360/355 371 290 13 2.5 ***** CapitaMall Trust 225 +2 225/222 226 188.5 4.8 7805.3 CityDev 1031 cd +7 1032/1027 1118
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    • Article
      Lock icon MOST ACTIVE
      35 8 VOLUME Magnus Energy 181,242,700 Vallianz 124,600,700 Charisma Energy 87,118,900 Jaya 81,382,900 Asiasons Capital 50,218,700 Market volume 1,980,850,000 VALUE Singtel 68,003,880 Keppel Corp 43,928,113 CapitaLand 39,664,950 DBS Grp 39,509,614 Noble 38,463,533 Market value 949,183,000
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    • Article
      Lock icon SGX ETFs
      110 8 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap UETF SSE50China 270 +6 310 271/266 271/140 269/270 84.4 IS MS India US$ US788 -9 152 797/786 1000/636 788/790 98.5 STI ETF 346 +1 132 347/346 349/319 345/346 Lyxor HSI US$ US318 +3 101 318/318 320/275
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Apr 7 VALUE CLOSE BT OB/OS 535.00 +87.00 BT CADI -*****.00 +101.00 BT 10-day MA -*****.00 +53.00 FTSE ST Mid Cap 787.55 +1.30 FTSE ST Small Cap 488.76 +1.20 FTSE ST All Share 830.12 +2.72 FTSE ST China Top 196.80 +0.79 FTSE ST China 236.81 +0.82 FTSE
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      36 8 STI FTSE ST All-Share ftse ST All-Share index April 7, 2015 830.12 +2.72 (+0.33%) Current streak 4 days Day high 832.22 Day low 829.20 52-week high 830.12 (Apr 7, 2015) 52-week low 762.71 (Oct 16, 2014)
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      Lock icon STI / MSCI EAFE
      33 8 STI MSCI EAFE MSCI EAFE index April 6,2015 1,890.81 +17.94 (+0.96%) Current streak 4 days Day high 1,890.81 Day low 1,881.94 52-week high 1,995.49 (July 3, 2014) 52-week low 1,697.01 (Jan 7, 2015)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 3 5 0 0 0 9 3 5 Manufacturing 55 29 40 5 5 16 60 34 56 Commerce 25 15 17 7 2 4 32 17 21 Tpt/Stor/Comms 18 11 13
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 31,155 31,155 92,984 92,984 Manufacturing 207,188 108,110 315,298 99,672 4,295 103,967 Commerce 113,447 143,114 256,561 68,712 8,681 77,393 Tpt/Stor/Comms 191,706 1,633 193,339 168,619 114 168,733 Finance 11,055 442 11,497 110,434 110 110,545 Construction 51,982 88,749
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    • Article
      Lock icon GAINERS
      77 8 BY CENTS CLOSE UP 52w high/low DBXT iBoxxSvEu US$ ***** 570.9 1.7 *****/***** DBXT MSEurope US$ 6000 154.6 1.9 6492/5366 DBXT S&P500 US$ 3533 69.2 1.5 3626/3019 DBXT China50 US$ 3703 65.1 1.3 3703/2699 DBXT STGLDv US$ 3169 55.6 1.3 3542/3081 BY PERCENTAGE CLOSE UP 52w high/low Magnus Energy
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    • Article
      Lock icon LOSERS
      73 8 BY CENTS CLOSE DOWN 52w high/low GLD US$ ***** -170.9 -1.1 *****/***** DBXT S&P Short US$ 2187 -46.1 -1.5 2602/2117 DBS Grp 2032 -13.0 -0.6 2067/1643 IS MS Idia US$ 788 -12.2 -1.1 1000/636 SIA 1184 -11.0 -0.9 1291/957 BY PERCENTAGE CLOSE DOWN 52w high/low CN*****MBePW*****8 1.8 -53.8 -2.1
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    • Article
      Lock icon UNUSUAL ACTIVITY
      82 8 VOL CLOSE($) CHANGE Magnus Energy 181,242.7 0.004 +0.001 +33.33 IEV 1,657.2 0.101 +0.014 +16.09 Asiasons Capital 50,218.7 0.023 +0.003 +15.00 Yuexiu Prop 29.0 0.265 +0.010 +3.92 Santak 34.0 0.340 -0.020 -5.56 Jaya 81,382.9 0.033 +0.003 +10.00 Allied Tech^ 150.0 0.019 +0.004 +26.67 Shanghai Turbo 131.0 0.071 -0.008 -10.13
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    • BROKERS’ TAKE
      • Article
        Lock icon Wing Tai Holdings
        147 8 Buy April 7 close: S$2.04 Target price: S$2.22 DBS Group Research, April 7 We continue to see value in Wing Tai at 0.54 times price to book nav and 0.6 times price to revised net asset value (RNAV) but remain cautious after its eye-catching share price rally.
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      • Article
        Lock icon Singapore Property
        114 8 Overweight Maybank Kim Eng Research, April 6 Unsold mass-market homes have been building up and government land sale sites sold in recent years will add to the count. Pricing and strong takeup rates for Botanique at Bartley and North Park Residences suggest that mass-market home prices remain sticky
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      • Article
        Lock icon OSIM international
        153 8  -  Compiled by Cai Haoxiang Hold April 7 close: S$1.875 Target price: S$1.97 OCBC Investment Research, April 7 OSIM International Ltd’s share price has fallen by 10.3 per cent from S$2.08 since March 17. In view of this recent weakness, the group engaged in a buyback of around 1.3
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    • Article
      Lock icon CALENDAR
      18 8 DATA I 4pm (April 8) Singapore COE Bidding Results I 8pm (April 8) US MBA Mortgage Applications
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    • Article
      Lock icon Aussie dollar rises as RBA keeps rate unchanged
      446 9 CURRENCIES REUTERS London THE Australian dollar gained over one per cent against the US dollar on Tuesday heading for its biggest daily rise in more than two weeks after the Reserve Bank of Australia surprised many investors by refraining from an interest
      REUTERS  -  446 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 9 Apr 7 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.957 4.754 0.704 5.948 47.849 99.525 0.920 8.362 2.792 1.019 78.212 34.132 1.041 9.085 0.735 23.819 24.993 0.515 0.767 Canada 1.044 4.965
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 9 Apr 7 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0405 1.0409 0.7673 0.7674 Canadian dollar 1.0866 1.0871 0.8015 0.8013 Euro 1.4786 1.4792 1.0904 1.0905 NZ dollar 1.0209 1.0218 0.7529 0.7533 Sterling pound 2.0187 2.0198 1.4887 1.4891
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 9 Apr 7 S$ Bid Offer 1-month 1.3569 1.3576 2-months 1.3578 1.3585 3-months 1.3586 1.3595 6-months 1.3611 1.3621 Source: OCBC
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      • Article, Illustration
        Lock icon HANG SENG
        2 9
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        Lock icon NIKKEI
        1 9
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        Lock icon SHANGHAI COMPOSITE
        2 9
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      • Article, Illustration
        Lock icon DOW JONES
        2 9
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        383 9 Apr 7 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES SPOT *****.44 *****.54 *****.44 Apr15 *****.50 *****.50 *****.00 *****.00 5226 *****3 May15 *****.50 *****.50 *****.00 *****.00 811 3345 NIKKEI 225 INDEX FUTURES SPOT *****.03 *****.48 *****.31 Jun15 *****.00 *****.00 *****.00 *****.00 ***** *****3 Sep15
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      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        201 9 Apr 7 Most active Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left KepCorp MB eCW*****1 10.2 0.8 3454 0.2 930 5 DBS MB eCW*****5 16.7 -0.8 3242 0.1 2050 5 FTSEChinaA50 ***** MBePW*****0 8.7 -2.6 2500 0.0 3 Rowsley
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 9 In local curr In S$ In US$ dy yr dy yr dy yr Apr 6 Index Change Change Change Change Change Change World Preliminary 1341.2 0.4 5.1 0.3 5.2 0.9 3.3 EAFE Preliminary 1094.1 -0.1 10.9 0.3 8.5 1.0 6.5 Europe Preliminary 1542.3 0.0 11.6
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 9 Apr 7 $S Offer Bid 0vernight 0.25 0.15 1-month 0.875 0.75 2-months 0.9375 0.8125 3-months 1.0625 1.0 Overnight mode: 0.20 US$ Offer Bid 7 days 0.17 0.07 1 month 0.23 0.13 2 months 0.28 0.18 3 months 0.40 0.20 6 months 0.60 0.40 9 months 0.70 0.50 12
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      • Article
        Lock icon SIBOR
        36 9 Apr 7 1 mth 1 mth 0.***** 2 mths 3 mths 1.***** 6 mths 1.***** 9 mths 12 mths 1.***** SWAP Offer rates 1 mth 1.***** 3 mths 1.***** 6 mths 1.***** Source: Thomson Reuters
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      • Article
        Lock icon GOVERNMENT SECURITIES
        69 9 Apr 7 Apr 7 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 102.48 5-Year N*****0H 1.625 01-Oct-19 99.86 99.95 99.95 10-Year NY*****H 3.000 01-Sep-24 107.31 107.40 107.20 15-Year NY*****E 2.875 01-Jul-29 105.46 105.55 105.55 20-Year NZ*****V 3.375 01-Sep-33 110.91
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        243 9 Apr-6 Price Net change change Last Trade Agricultural Apr-6 CBOT Soybeans (US cents/bu) 978.50 -7.50 -0.76% 14/05/2015 CBOT Soybean Oil (US cents/lb) 31.26 0.22 0.71% 14/05/2015 CBOT Wheat (US cents/bu) 527.75 -8.50 -1.59% 14/05/2014 Apr-2 LIFFE Cocoa (£/tonne) 1939.00 19.00 0.99% 13/05/2015 LIFFE Coffee (US$/tonne) 1778.00 28.00 1.60%
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      64 5 PRESIDENT’S AWARD FORTHE ENVIRONMENT Nominate exceptional individuals educational institutions and organisations that have made an impact towards a sustainable Singapore. Nominations close on 17 April 2015 For more information log on to: www.mewr.gov.sg/presidentsaward The President's Award for the Environment (PAE) is the highest environmental accolade that recognises outstanding contributions towards
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      297 6 without limits. SEMICON Southeast Asia 2015 April 22 24,2015 SPICE Arena, Penang Visit Southeast Asia’s Only and Most Influential Microelectronics Exposition here for the 1st time in Malaysia Technology Innovation and Design through Regional Collaboration at SEMICON SEA A Southeast Asia Perspective Connect with more than 200 international companies from
      297 words
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      222 6 ACQUIRE THE FINANCIAL SKILLS TO MATCH YOUR LIFESTYLE, PSYCHOLOGY AND NEEDS i PATTERN TRADER CONRAD ALVIN LIM DERIVATIVES TRADER, TRAINER, AUTHOR Trading and Investing In The Financial Markets Has Never Been More Fun! For more than NINE YEARS, Conrad constantly improved and streamlined the Pattern Trader Tutorial to be more
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      14 6 Call 1800 289 8822 or e-mail notices@sph.com.sg to place your New CEO Announcement Notices
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      219 6 FREE ADMISSION Meet CEOs and top Executives of listed companies in Malaysia to understand their business and unearth the Gems in Malaysia Stock Market Join us at Malaysia GEMS 2015, a one day open event aimed at helping investors study top selected Malaysia Public Listed Companies (PLC) in depth and
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      122 7 Experience The City Be Central The Gardens Hotel it A FRESH TAKE ON FINDING BALANCE -finish work and the day in styleramiiNE im j RM372nett From (Deluxe room with FREE Wifi) Best Rate Guarantee No Booking Fees Instant Confirmation A St Giles The Gardens Grand Hotel Residences KUALA LUMPUR MALAYSIA
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      380 7 AccountServe A Stone Forest Company Globally Connected RSM International Need Help with XBRL Reporting? 24 Hrs turnaround Over reports since 8,000 Nov 2007 *Terms conditions apply www.AccountServe.com.sg xbrl@accountserve.com.sg T +65 6222 6868 TM JR Moore Stephens BNP PARIBAS Singapore Shipping Forum 2015 Shipping 2020 and Beyond Moore Stephens Singapore is
      380 words
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  • REAL ESTATE
    • Article, Illustration
      Lock icon Oil rout squeezes US property owners in energy hubs
      1050 10 lenders reassessing risks as US$1 trillion of property loans become due over the next three years BLOOMBERG New York MORE than US$1 trillion in US real estate debt from the last decade’s property boom is starting to come due as oil
      BLOOMBERG; PHOTO: AFP  -  1,050 words
    • Article, Illustration
      Lock icon Stand-alone conference space takes off
      922 11 Dedicated centres offer competitive rates for intimate, meeting-focused areas NYT New York DANIEL Zumbrunnen needed space for training 70 employees at NBCUniversal in 2013. “I was looking for flexibility,” he said, “a large room to hold all the participants, but also rooms for smaller sessions”.
      NYT; PHOTO: NICOLE BENGIVENO/THE NEW YORK TIMES  -  922 words
    • Article, Illustration
      Lock icon NY dental hub with Central Park views may go on the market
      875 11 NYT New York “THIS is heaven,” Marc Schneider said, standing in front of his floor-to-ceil-ing windows on the 14th floor of 30 Central Park South. If he cranes his neck to the left, he can just catch Columbus
      NYT; PHOTO: SAM HODGSON/NYT  -  875 words
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      127 10 J HOTTES SINGAPORE E n ERPRISE We Want You. Now. Intense, fiery and a real chilli padi of an entrepreneur. Enterprise 50 hotline: *****555 You have led your enterprise to ride wave after wave of success, with three years of solid audited results to prove your mettle. You are exactly
      127 words
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      24 11 China's two largest train makers merging to create a 300b yuan giant 300b yuan ,18!*:222$43&<6 5;)(9 To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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      136 11 Sultan Plaza Ground Floor Shops for Sale Prime Ground Floor Units 753 sf 538 sf strata areas Close to Lifts and escalator Sale with existing tenancy Expressions of Interest Closing 22 Apr 2015 (Wed) 3pm Investments Irinn Lee (CEAReg. No. R*****4F) 9639 2843 6494 3692 Jones Lang LaSalle Property Consultants
      136 words
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      142 11 Prime Freehold Commercial Retail Shop on ground floor with basement Total StrataArea: 298 sqm 3,208 sq ft Both ground basement with own toilet Wide frontage facing Changi Road Next to Joo Chiat Complex Multi-storey Carpark Opposite Geylang Serai Food Centre Close to Paya Lebar Eunos MRTs Tender Closing: 15 April
      142 words
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  • BANKING & FINANCE
    • Article
      Lock icon High-frequency trader Virtu resumes plans for its IPO
      360 12 NYT New York AFTER shelving plans to go public last year amid uproar over Michael Lewis’s book on high-frequency trading, one of the biggest firms in that field is restarting its initial public offering. Virtu Financial disclosed on Monday that it hopes
      NYT  -  360 words
    • Article
      Lock icon Private equity picture brightens in India
      1037 12 After hitting a low of US$1.4 billion in 2013, India-focused funds raised US$5.5 billion last year, half the peak of 2008, according to Preqin NYT Mumbai HANGING on the wall in the modest office of Nitin Deshmukh, the chief executive of the Kotak Private
      NYT  -  1,037 words
    • Article, Illustration
      Lock icon Maybank opens 4th branch in Greater China
      525 12  -  By Pauline Ng btworld@sph.com.sg Kuala Lumpur MALAYSIA’S Maybank is opening a branch in Kunming in Yunnan province, its fourth in Greater China, a region where pre-tax profits and gross loans rose by about a third last year. The bank said the move is
      FILE PHOTO  -  525 words
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      Lock icon Bank profitability in UK still below 2009 crash level: KPMG
      227 12 BLOOMBERG London FIVE years after the financial crisis, profitability at the largest UK banks remains lower than in 2009 and bad loans higher, according to KPMG LLP. Britain’s five biggest lenders Royal Bank of Scotland Group Plc, Lloyds Banking Group
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      704 12 THE BUSINESS TIMES Ik 1 S 1 Toll free 1800-289-8822 I fl I I Email notices@sph.com.sg J I V i I www.sphclass.com.sg/notices CHINA AUTO ELECTRONICS GROUP LIMITED (Incorporated in Bermuda) (Registration No. *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company
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      759 12 ft m 5INJIR LAND limited SINJIA LAND LIMITED (Incorporated in Singapore on 26 February 2004) (Company Registration Number: *****2180C) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held on 30 April 2015 at 3.00 p.m. (or as soon or
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  • ENERGY & COMMODITIES
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      Lock icon Chinese steelmakers inflict more pain on small miners
      524 14 They are demanding to pay for shipments of the raw material based closely on depressed spot prices REUTERS Singapore CHINESE steelmakers are unwittingly helping the world’s biggest iron ore miners tighten their grip on global production by demanding to pay for shipments
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      368 14 BLOOMBERG Houston US REFINERIES have done almost everything they can to cheaply process the light oil flowing out of domestic shale formations and will need to make bigger investments to continue raising capacity, a report has shown. Refiners have modified units and are
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      Lock icon Gold producers set to halt 6-year expansion in output
      446 14 BLOOMBERG London THE biggest gold bust in three decades is about to end a six-year expansion in mine output. From Russia to South Africa to North America, the biggest producers saw profits turn to losses as prices plunged, forcing them to
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      670 14 BUILDING COMMUNITIES Setting the stage for Singapore 2065 Share your vision for our city of tomorrow Fifty years from now, how will people here live, work and play? A D V E R T O R I A L As Singapore turns 50, visualise what the country will be like
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Samsung sees sunnier days ahead despite another fall in profit
      801 15 Rebound buoyed by better-than-expected early sales of Galaxy S6 phone, new demand for microchips NYT Hong Kong AFTER a tough 2014 for Samsung Electronics, the beleaguered South Korean manufacturer says it expects earnings in the first quarter of 2015 to
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      Lock icon Infrastructure in the Americas at risk of damaging hacking attacks
      814 15 Only 60% of respondents aware of data-stealing attempts: poll REUTERS San Francisco HACKING attacks that destroy rather than steal data or that manipulate equipment are far more prevalent than widely believed, according to a survey of critical infrastructure organisations throughout
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      Lock icon Heartbleed risk haunts most big companies
      263 15 BLOOMBERG Berlin BUSINESSES have largely stopped shielding themselves against a Web-security flaw called Heartbleed, providing a growing number of attackers with an easy target, according to security company Venafi Inc. A year after the vulnerability was made public, 74 per cent of more than
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      144 15 r sr >• 1 C r ••*4 n T Join us in our Health Awareness Talk by Dr. Michael Lim, internationally renowned Interventional Cardiologist and Medical Director of Heart, Stroke Cancer Centre. Dr. Michael Lim is the author of “medicine-made-simple” articles featured in The Business Times Weekend every fortnight. Date:
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  • CONSUMER
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      Lock icon Viacom to cut jobs as part of major reorganisation
      459 16 Firm hopes “workforce reductions” will help boost its financial performance in the face of increasing competition AFP New York MEDIA-entertainment giant Viacom said it plans unspecified “workforce reductions” as part of a wide-ranging reorganisation to help boost its financial performance in
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      Lock icon Google’s YouTube Kids accused of deceptive programming
      279 16 BLOOMBERG Washington GOOGLE Inc’s YouTube Kids app violates safeguards for children by deceptively blending advertising and programming, according to consumer groups that are asking US regulators to investigate the company. The video service’s branded channels for Barbie, Lego, McDonald’s and other products show
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      Lock icon Woolworth’s bond risk surges as supermarket competition spikes
      583 16 BLOOMBERG Sydney THE battle for the shopping dollar of Australians buffeted by a slowing economy is pushing up bond risk for Woolworths Ltd, the nation’s biggest supermarket chain. The cost of protecting bonds issued by Woolworths using credit-de-fault swaps climbed to 66
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  • GOVERNMENT & ECONOMY
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      Lock icon IMF sees low potential growth for world’s economies
      431 17 It cites ageing populations, fall in technological innovation, declines in private investment, poor employment gains REUTERS Washington THE world’s growth potential took a big hit after the 2007-2009 financial crisis and is likely to lag for years, implying that interest rates should
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      Lock icon Cloud Live is first Chinese company to default on bond principal
      371 17 AFP REUTERS Shanghai A CHINESE technology firm said Tuesday it cannot meet a 241 million yuan (S$53 million) debt repayment, making it the first company to default on corporate bond principal in modern China. Cloud Live Tech Group said
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      Lock icon Pentagon chief backs TPP deal
      725 18 Ashton Carter warns that Asian markets are being gobbled up by global competitors NYT Tempe, Arizona US Defense Secretary Ashton Carter threw the weight of the Pentagon behind President Barack Obama’s fight to push a trade deal with Asia through Congress, warning that Asian markets
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      Lock icon BlackRock CEO flags danger of search for yield
      164 18 BLOOMBERG Boston THE low-interest rate environment created by central bankers is forcing investors to take risks that could threaten the financial system, said BlackRock Inc CEO Laurence Fink. “This increasingly desperate search for yield is now the great source of prudential risk
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      Lock icon Swiss cheese winded by end of EU milk quotas, strong franc
      601 19 Hike in EU milk output will increase competition in cheese just as euro’s slump slices into value of Swiss exports BLOOMBERG Zurich THE end of milk quotas in Europe is making a discount Emmental from Germany a stronger foe
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      Lock icon Greek prime minister’s fine balancing act
      1230 20 His first two months in office have revolved around a port sale, consolidating party power and the country’s financial survival REUTERS Athens FIRST it was for sale, then the deal was scrapped, then the sell-off was back on and now it is to be
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      Lock icon Putin sows EU division using cash and charm
      1137 21 He is courting countries such as Cyprus, Greece, Hungary and Czech Republic NYT Nicosia, Cyprus WHEN Cyprus seized hundreds of millions of dollars from bank depositors, many of them Russians, as part of an internationally brokered deal two years ago to rescue
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      Lock icon RBA skips on rate cut; focus shifts to May
      680 22 Central bank’s decision to hold at 2.25% surprises many investors who had wagered plunging prices for iron ore would force its hand REUTERS Sydney AUSTRALIA’S central bank kept interest rates steady for a second month on Tuesday to defy market pressure
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      Lock icon India’s RBI keeps rates on hold, maintains easy stance
      631 22 REUTERS Mumbai INDIA’S central bank kept interest rates on hold at 7.5 0 per cent on Tuesday, choosing to wait longer to assess inflationary pressures before making its next move, and to give banks more time to adjust lending rates to
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      Lock icon Fed keeping eye on US weakness; rate-hike timing unclear
      404 22 REUTERS Newark THE timing of the Federal Reserve’s interest rate hike, which would be its first in nearly a decade, is unclear and for now, policymakers must watch that the US economy’s surprising recent weakness does not signal a more substantial
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      Lock icon US$ drop is cue to start buying, says ING
      694 22 BLOOMBERG New York IT’S TIME for investors who bailed on the US dollar in the past few weeks to get back in, says the most accurate currencies forecaster. The greenback has tumbled 4.3 per cent versus the euro since touching a
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      43 17 The Business Times Ik I 1 I /"I I 1 Toll free 1800-289-8822 I I Email notices ffsph.com.sg J J j L J www.sphclass.com.sg/notices Show Off Your Prize Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your New CEO Announcement Notices
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      1403 17 TECKWAH INDUSTRIAL CORPORATION LTD Company Registration No. *****1105E {Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING AND NOTICE OF BOOKS CLOSURE DATE Notice is hereby given that the Annual General Meeting of the Company will be held at 51 Tai Seng Avenue, #05-01 Pixel Red, Singapore *****1
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      1177 17 COURAGE MARINE GROUP LIMITED (Incorporated in Bermuda with limited liability) (Company Registration No. *****) (Hong Kong Stock Code: 1145) (Singapore Stock Code: E91.SI) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the special general meeting (“Special General Meeting”) of the Company will be held at Suntec Singapore International
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      3510 18 <\&\,.()/>`|,]>_`(:)|_+{{{@*_}$ ARA ASSET MANAGEMENT LIMITED (Incorporated In Bermuda) (Co. Reg. No: *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ARA ASSET MANAGEMENT LIMITED (the “Company”) will be held at Level 3, Meeting Room 301-302, Suntec Singapore Convention Exhibition Centre, 1 Raffles Boulevard,
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      24 19 The Business Times Ik I 1 I /"I I 1 Toll free 1800-289-8822 I I Email notices ffsph.com.sg J J j L J www.sphclass.com.sg/notices >:\.%,)-<%~(];`+$*~!@^([}}^<@&!
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      1960 19 AA GROUP HOLDINGS LTD. (Incorporated in the Republic of Singapore) (Registration No. *****2064D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of AA Group Holdings Ltd. (the “Company”) will be held at Peach Garden at Hotel Miramar, No. 401 Havelock Road, Level 3, Singapore
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      1448 20 *:${|$^~+$${!{$+$|%<-?;][<-!~@< CFM Holdings Limited (Company Registration No.: *****3708R) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING Unless otherwise defined, all capitalised terms herein shall bear the same meaning as used in the Circular dated 8 April 2015 “Circular’’) issued by CFM Holdings Limited. NOTICE IS HEREBY GIVEN
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      1553 20 *%7YONGXIN 1 m a B Bm YONG XIN INTERNATIONAL HOLDINGS LTD. (Company Registration No. *****5483H) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Yong Xin International Holdings Ltd. (the "Company”) will be held at Level 11, The
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      3608 21 The Business Times jk I 1 I f 1 I 1 P Toll free 1800-289-8822 I I Email notices@sph.com.sg J B j B j il www.sphclass.com.sg/notices ASIA ENTERPRISES HOLDING LIMITED Registration No.: *****1021H Incorporated in the Republic of Singapore asia enterprises hoi ding i imitfd NOTICE OF ANNUAL GENERAL MEETING
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      967 22 The Business Times Ik 1 1 Toll free 1800-289-8822 I I I Email noticesysph.com.sg J B H i B j ij www.sphclass.com.sg/notices ©GAfiYIA N CHINA GAOXIAN FIBRE FABRIC HOLDINGS LTD In I (Incorporated In the Republic of Singapore with limited liability) v a m (Co. Reg. No: *****7812K) NOTICE OF
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  • TRANSPORT
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      Lock icon Confidence sinks over vessel orders
      804 23  -  Moore Stephens report also concerned about the effect on the industry of lower oil prices and the growth of investment by financiers from outside shipping STRAIT TALK BY DAVID HUGHES CHINESE shipyards won 47 per cent of all new shipbuilding contracts in 2014. That is
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      Lock icon Delta CEO eyes hub in Shanghai for China expansion
      466 23 BLOOMBERG Atlanta DELTA Air Lines Inc CEO Richard Anderson has said that he envisions creating an international hub in Shanghai to build on a growing relationship with China Eastern Airlines Corp. “When you think about what our strategy is long-term, we
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      Lock icon US regulator wants faster upgrades of rail cars for oil
      359 23 BLOOMBERG Washington US railroad cars used to haul oil should be upgraded or replaced within five years with sturdier models better able to prevent explosions after derailments, federal safety investigators said in a proposal made public. The National Transportation Safety
      BLOOMBERG  -  359 words
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      Lock icon Boeing, Delta spend millions in fight over America’s Export-Import Bank
      767 23 NYT Washington LAST week, with little notice, a federal judge here tossed out Delta Air Lines’ longstanding claim that the government’s export credit agency which, among other things, provides loan guarantees to overseas airlines for the purchase of Boeing jets
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      Lock icon Boeing clings to lead over Airbus in long-haul jets
      624 24 But Airbus believes its A350 can compete with Boeing’s 777 and 787 Dreamliner AFP New York BOEING is fighting tough efforts by rival Airbus to score big gains in the market for long-haul jets, a segment of the massive aircraft market
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    • Article
      Lock icon FedEx to buy struggling TNT for 4.4b euros
      328 24 BLOOMBERG Geneva FEDEX Corp agreed to buy struggling Dutch logistics company TNT Express NV for 4.4 billion euros (S$6.5 billion) to expand package deliveries in Europe. TNT shareholders will receive eight euros a share in cash, 33 per cent more than the
      BLOOMBERG  -  328 words
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      184 23 60thISSA Convention and Trade Exhibition 2015 24 26 April 2015 Resorts World Sentosa Singapore Heritage of Shipping: The Journey of Innovation Productivity Conference Exhibition Singapore, the supply hub view the products and services at the Trade Exhibition Gain tips on how innovation and productivity can drive your business transformation Hear
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      3106 24 The Business Times Ik I 1 I /“I I 1 Toll free 1800-289-8822 I I Email notices@sph.com.sg J J i j L J www.sphclass.com.sg/notices OUHUA ENERGY HOLDINGS LIMITED (Company Registration No. *****) (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    1932 25 MONTREAL 10 120 29/7 30/7 4/8 MONTREAL 10 120 29/7 30/7 4/8 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PKL KUC KK JKT SUR NAGATO 1 80 11/4 14/4 16/4 NOCC PAMPLONA 13 100 14/4 15/4 18/4
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      106 25 Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 1HE BUSINESS TIMES SHIPPING TIMES Make A Splash In The Maritime World Via s|£iJhiaritime.coM Ahoy there! If you are in a business pertaining to any sector of
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  • OPINION
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      Lock icon Malaysia’s leadership must clear up troubling controversies
      540 26 EDITORIAL NAJIB Razak has begun his seventh year as Malaysia’s sixth prime minister. When he was sworn in on April 3, 2009, he could not have envisaged the current state of affairs that would besiege his administration. Mr Najib began his premiership with
      540 words
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      Lock icon Economics and elections
      839 26  -  A nation’s leaders may do an excellent job of economic stewardship for four or five years yet get booted out because of weakness in the last two quarters before the election. THE BOTTOM LINE By Paul Krugman NYT BRITAIN’S economic performance since the financial crisis struck has
      NYT  -  839 words
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      Lock icon Asean’s upwardly mobile millennials
      1224 26  -  Apart from living with their parents, it would seem that millennials in South-east Asia share little else in common with their American counterparts. BY TIM HILL counterparts.BY TIM HILL T The writer is director, business development, at Ipsos Business Consulting Time magazine dubbed America’s millennial generation
      PHOTO: BLOOMBERG  -  1,224 words
    • Article
      Lock icon The coming emerging-market debt squeeze
      1087 27  -  COMMENTARY By Andrés Velasco T The writer, a former finance minister of Chile, is professor of professional practice in international development at Columbia University PROJECT SYNDICATE CONSIDER the following scenario, one that has played out time and again in emerging-market countries. Local banks and firms
      PROJECT SYNDICATE  -  1,087 words
    • Article
      Lock icon How Big Data algorithms can bolster Singapore’s mortgage system
      810 27  -  By Sam Baker T The writer is co-founder of SRX Property, an information exchange formed by leading real estate agencies in Singapore to disseminate market pricing information and facilitate property listings and transactions. Singapore Press Holdings owns a stake in SRX
      810 words
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      Lock icon HOW TO JUMPSTART A STALLED PROCESS
      989 27  -  When there’s a persistent gap between strategy and execution, the culprit is usually an obsolete or misaligned operating model. BY MARCIA BLENKO, JAMES ROOT AND NADER ELKHWEET model.BY MARCIA BLENKO, JAMES ROOT, NADER ELKHWEET T Ms Blenko is an advisory partner in Bain Company’s
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      3605 28 THE BUSINESS TIMES Ik 1 f 1 ✓"'I Toll free 1800-289-8822 I fl I Email notices@sph.com.sg 1 j www.sphclass.com.sg/notices FRENCKEN GROUP LIMITED Registration No.: *****5084D) Frencken' (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will
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      7 29 Company Registration No. *****1967K (Incorporated in Singapore)
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      2239 29 NOTICE OF ANNUAL GENERAL MEETING KRISENERGY LTD. (Company Registration Number: *****6) (Incorporated in the Cayman Islands on 5 October 2009) The initial public offering of KrisEnergy Ltd. was sponsored by CLSA Singapore Pte Ltd and Merrill Lynch (Singapore) Pte. Ltd. (the “Joint Issue Managers, Global Coordinators, Bookrunners and Underwriters”). The
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      2668 30 THE BUSINESS TIMES Ik 1 f 1 ✓"'I Toll free 1800-289-8822 I fl I Email notices@sph.com.sg 1 j www.sphclass.com.sg/notices STARBURST HOLDINGS LIMITED (Company Registration No: *****9079E) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of STARBURST HOLDINGS LIMITED will be held
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      1707 30 HAW PAR CORPORATION LIMITED Company Registration Number: *****0437M (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty-Sixth Annual General Meeting of the Company will be held at Parkroyal on Pickering, William Pickering Ballroom, Level 2, 3 Upper Pickering Street, Singapore *****9
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      3800 32 SOON LIAN HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****6295G) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2015 Annual General Meeting of the shareholders of Soon Lian Holdings Limited (“the Company”) will be held at 9 Tuas Avenue 2 Singapore *****9 on
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      3336 33 WEE HUR HOLDINGS LTD. (Company Registration Number *****9510K) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of Wee Hur Holdings Ltd. (the “Company”) will be held on Friday, 24 April 2015 at 11.30 a.m. at Quality Hotel
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      26 34 [&".<,?(:<!/{(,&|\+|':<^/^^@]@! Everything, plus the kitchen sink Select furniture for your home or showcase your merchandise in CLASS 114 To advertise, call the Print Classified Hotline: 1800-289 9988
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      2455 34 Global Palm resources GLOBAL PALM RESOURCES HOLDINGS LIMITED (Company Registration No. *****1345M) (Incorporated In the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of GLOBAL PALM RESOURCES HOLDINGS LIMITED ("the Company”) will be held on 23 April 2015 at 2.00 p.m.
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      17 35 Choose from Prime Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Tenders Auctions Notices
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      3543 35 Food Empire FOOD EMPIRE HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****1282G) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Food Empire Holdings Limited (the “Company”) will be held at River View Hotel, Lily Ballroom, Level 4, 382 Havelock
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      2452 36 CWT LIMITED (Company Registration No.: *****0498M) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 45thAnnual General Meeting of the shareholders of CWT Limited (the “Company”) will be held at 38 Tanjong Penjuru, CWT Logistics Hub 1, Singapore *****9 on 23 April
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      1638 36 HALCYON AGRI CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4595D NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of Halcyon Agri Corporation Limited (the “Company”) will be held at RELC International Hotel, 30 Orange Grove Road (Off Orchard Road),
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      2294 37 ZICO HOLDINGS INC (Formerly known as ZICOlaw Holdings Inc.) (Company Registration No.: LL*****) (Incorporated in Labuan on 9 December 2010) NOTICE OF THE ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the annual general meeting (“AGM”) of ZICO HOLDINGS INC. (the “Company”) will be held at Indiana Room, Raffles City
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  • LIFE & CULTURE
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      Lock icon CWT is supply central for SEA Games 2015
      547 38  -  Its Penjuru facility will be logistics nerve centre of the June sporting event By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore INSIDE a massive facility in an industrial estate south of the Pandan Reservoir sit all the supplies needed for the upcoming South East
      ST PHOTO: KEVIN LIM  -  547 words
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      Lock icon Monet’s star shines again at auctions in New York
      375 38 AFP New York OIL paintings by impressionist master Claude Monet are expected to be stars of the spring auction season in New York, where Sotheby’s believes they could fetch as much as US$110 million. One of the paintings is part of
      AFP; PHOTO: AFP  -  375 words
    • Article
      Lock icon Singapore to host Rugby Sevens leg
      292 38 AFP Singapore SINGAPORE has clinched a four-year deal to host a leg of the Sevens World Series at its state-of-the-art National Stadium starting next year, World Rugby said on Tuesday. The city-state will join Vancouver, Sydney and Cape Town as new stops on the
      AFP  -  292 words
    • Article
      Lock icon Hollywood is back on the banks of the Tiber
      599 38 NYT Rome INSIDE the Cinecittà film studios, originally built by Mussolini in part to produce fascist propaganda, a catapult is parked beside Soundstage 13. Not far away, craftsmen touch up chariots. The props are for the remake of the 1959 swords-and-sandals
      NYT  -  599 words
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      170 38 Al Fozan Al Sadhan EXECUTIVE POSITIONS Our client, a leading multinational group, is seeking to recruit the following executive positions for their Headquarter in Jeddah, Saudi Arabia: 2’ 5="7! *:8?> 68$1$#813 <>+#?= .5*6<, The Group CFO will play a critical role as the business partner to the Group Executive Council
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  • Page 38 Miscellaneous
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      305 38 CRYPTIC CROSSWORD Across 1 Searched for somewhere to spend the night (6) 9 Exhaust resources in practice session (3-7) 10 Mole’s holiday by river? (10) 11 New regulation ahead for fine linen (4) 12 Nurse regularly meeting journalist, which is enjoyed (4) 14 Sort of verb taken from passage, I
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      368 39 STProperty EVENTS STPROPERTY SEMINAR Strategies to Capitalise on Opportunities and Avoid Pitfalls in the Property Market 2015 All prices are inclusive of GST m f" =59 I S i ATTEND OUR SEMINAR FOR A CHANCE TO WIN A SAMSUNG GALAXY NOTE 4! Seminar fee includes refreshments buffet lunch at Suntec
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      Lock icon Buys outpace sells in Reits
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      Lock icon Neutral on Indonesia, equity strategy-wise
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      Source: CEIC  -  746 words
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