The Business Times, 27 June 2015

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Microfilm: NL33513
Total Pages: 48
1 8 The Business Times
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  • TOP STORIES
    • Article
      Lock icon One-year IP premium freeze on Medishield Life roll-out
      424 2  -  Move is meant to facilitate a smooth transition for policyholders: LIA By Claire Huang huangjy@sph.com.sg @ClaireHuangBT INTEGRATED Shield Plan (IP) insurers will freeze premiums of all IPs for a year following the end-2015 roll-out of universal healthcare coverage MediShield Life by the
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    • Article
      Lock icon Independent auditors for banks’ outsourcing vendors
      572 2  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore SINGAPORE-BASED firms handling outsourced work from banks involving sensitive data and material businesses must soon hire an independent auditor to go through their internal controls every year, and in effect, meet a set of guidelines outlined by the
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    • MARKETS
      • Article
        Lock icon STOCKS
        58 2 HSTI 3,320.90 (-28.97) HSTI FUTURES 3,321.00 (-29.00) HSIMSCI 373.30 (-3.18) HSIMSCI FUTURES 372.80 (-3.90) Friday Change KL COMP 1,710.47 -6.34 NIKKEI 225 20,706.15 -65.25 HANG SENG 26,663.87 -481.88 SET 1,518.03 -1.44 JAKARTA 4,923.00 +2.96 MANILA 7,622.05 +40.14 KOSPI 2,090.26 +5.20 SHENZHEN B 1,436.72 -86.95 MUMBAI IND 27,811.84 -84.13 11.45am
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      • Article
        Lock icon PRIME RATES
        29 2 SINGAPORE 5.35 MALAYSIA 6.85 HONG KONG 5.00 INDONESIA 14.561 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.85 SWITZERLAND 0.50 INDIA 14.75 Source: Bloomberg
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      • Article
        Lock icon FOREX
        49 2 US$ S$ US$ (S$ per US$) 1.345 (US$/S$ per 1.575 2.119 EURO (US$/S$/€ 1.121 1.507 Foreign currency per US$ S$ YEN 123.40 91.70 RM 3.767 2.800 HK$ 7.752 5.763 BAHT 33.77 25.11 RUPIAH 13,308 9,893 RENMINBI 6.209 4.616 INDIAN RUPEE 63.60 47.28 A$ 1.298 0.965 NZ$ 1.453 1.080
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    • Article, Illustration
      Lock icon Europe markets dip ahead of Greek weekend meeting
      528 3  -  Default, capital controls and eurozone exit expected if no deal is reached By Neil Behrmann btworld@sph.com.sg London EUROPEAN bonds and stocks fell on Friday as nervous investors fretted about the outcome of continued Greek negotiations with its creditors over the weekend. If
      PHOTO: BLOOMBERG  -  528 words
    • Article, Illustration
      Lock icon Muted response to Apple Watch launch here
      602 4  -  Queues outside retail stores for tech giant’s first smartwatch are notably shorter than at launches of previous Apple products By Debbie Yong debyong@sph.com.sg @DebbieYongBT Singapore THE Apple Watch launched to muted fervour on its first day of sales in Singapore. Compared to the
      PHOTO: BLOOMBERG  -  602 words
    • Article
      Lock icon Abbott to ink partnership deal with PM Lee here next week
      424 4  -  By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THE long-standing relations between Singapore and Australia, which date all the way back to 1965, are set to get even warmer with both countries due to ink a historic comprehensive strategic partnership (CSP)
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      Lock icon Page 2 Advertisements Column 1
      35 2 CONTENTS NEWS Top Stories 2-7 Raffles Conversation 6-7 Companies Markets 8-12 Real Estate 13-14 Govt Economy 17-18 Life Culture 19 LIVING Dining L2-6 Dining/Wellness L7-8 Health L9 Motoring L10-11 Golf L12 Opinion 20-21 Wealth 22-23
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      Lock icon Page 3 Advertisements Column 1
      29 3 Credit Suisse f Can she inherit your ambition as well as your wealth? Discover how Credit Suisse can help you plan your wealth for the next generation at credit-suisse.com/successionplanning
      29 words
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      426 5 BT Infographics WATCH OUT! The Apple Watch finally hit Singapore shores on Friday with the various models going on sale at selected stores. Apple has entered the smart wearables segment rather late, with most of its smartphone and tablet competitors already having established a presence with various products. Despite the
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon The unassuming leader
      2345 6 / 7  -  unassumingleader Towers Watson CEO John Haley, a mathematician at the core, sums up the HR and risk management firm’s story. By Chan Yi Wen By Chan Yi Wen yiwen@sph.com.sg FRESH from two acquisitions in the last few weeks, human resource and risk management firm Towers Watson has
      PHOTO: YEN MENG JIIN  -  2,345 words
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  • COMPANIES & MARKETS
    • Article
      Lock icon Time to review SGX’s wearing of two hats
      633 8  -  Call from market stakeholders follows MAS official’s comment that there could be scope to reduce oversight overlaps By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore MARKET stakeholders welcomed a review of the dual role of Singapore Exchange (SGX) as a regulator and a commercial
      633 words
    • Article
      Lock icon IPO activity continues to surge in the Asia-Pac
      600 8  -  By Nikita Mathur mathurn@sph.com.sg Singapore THE Asia-Pacific region, and the Greater China area especially, continued to stand out in 2015 in initial public offering (IPO) activity and capital raised, despite the cooling down of global IPO activity during the first half of
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    • Article
      Lock icon Temasek unit accepts JCET’s offer for STATS ChipPAC
      433 8  -  By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Additional reporting by Amit Roy Choudhury Singapore FRIDAY was a busy day for mainboard-listed STATS ChipPAC with the company announcing that its majority shareholder, Singapore Technologies Semiconductors Pte Ltd (STSPL), has accepted a final cash offer from
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    • Article, Illustration
      Lock icon Initial optimism over Greek bailout fizzles out
      729 9  -  STOCKS| Melissa Tan melissat@sph.com.sg @MelissaTanBT Reporter INITIAL optimism about a Greek bailout proposal that lifted the Singapore market early in the week fizzled out in the later half as eurozone officials struggled to break a deadlock despite multiple rounds of talks. A continued
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    • Article
      Lock icon Malaysia’s Panasonic shares soar bn news of higher payout
      489 9  -  By Pauline Ng btworld@sph.com.sg Kuala Lumpur SHARES of Panasonic Manufacturing Malaysia Bhd jumped 4.6 per cent to RM23 on Friday after the home appliance maker proposed a final dividend of 35 sen and a special dividend of 92 sen per share.
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    • Article
      Lock icon Tianfang said to plan S$500m S’pore IPO for hotel trust
      173 9 Bloomberg Singapore TIANFANG Hospitality Management Pte is planning an initial public offering for a trust backed by three hotels in China that could raise about S$500 million, people with knowledge of the matter said. The Singapore listing could take place
      Bloomberg  -  173 words
    • Article
      Lock icon STI STOCKS
      309 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 245 +1 246/244 271 219 6 6199.5 CapitaLand 350 +4 352/345 379 293 12.8 2.6 *****.5 CapitaMall Trust 215 +2 215/212 228 188.5 5 7459.9 CityDev 982 +2 986/978 1095 915 11.8
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    • Article
      Lock icon SGX ETFs Most Active
      112 10 Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap UETF SSE50China 275 -25 933 300/268 340/141 275/280 85.9 STI ETF 338 -2 96 340/337 355/319 337/338 IS Asia BND US US1051 +4 72 1053/1050 1081/1031 1043/1052 DBXT MSBANGL US$ US99.5 -0.7 70 99.5/99.5 116/87.2 99.1/99.6
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 9 2 0 0 0 6 9 2 Manufacturing 38 49 40 6 16 10 44 65 50 Commerce 18 26 8 4 5 3 22 31 11 Tpt/Stor/Comms 10 15 10
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 10,018 10,018 48,952 48,952 Manufacturing 78,400 33,354 111,754 46,939 2,944 49,883 Commerce 132,292 40,282 172,574 89,890 1,233 91,123 Tpt/Stor/Comms 221,379 857 222,236 198,317 65 198,382 Finance 25,385 5 25,390 225,676 1 225,677 Construction 36,666 10,203
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    • Article
      Lock icon SIBOR
      28 10 Jun 26 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 1.***** SWAP Offer rates 1 mth 0.***** Source: Thomson Reuters
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    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      806 10 For week beginning Jun 22 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Eurosports Global 24-Jun-15 Goh Kim San Buy 650 0.20 *****9 42.72 *****9 42.97 GK Goh Hldgs 23-Jun-15
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Jun 26 VALUE CLOSE BT OB/OS -185.00 -21.00 BT CADI -*****.00 -64.00 BT 10-day MA -*****.00 -19.00 FTSE ST Mid Cap 763.53 +0.61 FTSE ST Small Cap 480.07 -1.35 FTSE ST All Share 798.10 -5.47 FTSE ST China Top 205.29 -1.22 FTSE ST China 243.21 -1.00 FTSE
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    • Article
      Lock icon UNUSUAL ACTIVITY
      84 10 VOL CLOSE($) CHANGE China Hongcheng 460.1 0.024 +0.019 +380.00 Ezra 133,862.3 0.177 -0.088 -33.21 Imperium Crown 17,253.0 0.091 -0.007 -7.14 Cacola 2,116.0 0.012 +0.003 +33.33 ChinaTaisan 1 10.0 0.235 -0.065 -21.67 Tung Lok Rest 200.0 0.115 +0.005 +4.55 China Env Res 83.9 0.130 +0.019 +17.12 United Food 410.7
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    • Article
      Lock icon COMMODITY FUTURES
      193 11 Jun-25 Price Net change change Last Trade Agricultural Jun-25 CBOT Soybeans (US cents/bu) 1000.25 18.50 1.88% 14/07/2015 CBOT Soybean Oil (US cents/lb) 33.36 0.09 0.27% 14/07/2015 CBOT Wheat (US cents/bu) 532.00 14.00 2.70% 14/07/2014 Jun-25 LIFFE Cocoa (£/tonne) 2138.00 -8.00 -0.37% 16/07/2015 LIFFE Coffee (US$/tonne) 1884.00 -23.00 -1.21%
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    • Article
      Lock icon PALM OIL
      57 11 Jun 26 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 15 2269.0 2278.0 2279.0 2254.0 216 2751 Aug 15 2274.0 2278.0 2279.0 2254.0 2131 ***** Sep 15 2276.0 2278.0 2280.0 2254.0 ***** ***** Oct 15 2280.0 2283.0
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    • Article
      Lock icon GOVERNMENT SECURITIES
      69 11 Jun 26 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 102.5 102.57 102.48 5-Year N*****0H 1.625 01-Jul-20 99.86 99.80 99.80 10-Year NX*****Z 2.375 01-Jun-25 97 97.55 96.85 15-Year NY*****E 2.875 01-Jul-29 98.96 98.90 98.70 20-Year NZ*****V 3.375 01-Sep-33 103.92
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 11 Jun 26 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0359 1.0369 0.7702 0.7708 Canadian dollar 1.0885 1.0889 0.8095 0.8093 Euro 1.5069 1.5077 1.1204 1.1208 NZ dollar 0.9252 0.9260 0.6879 0.6884 Sterling pound 2.1188 2.1192 1.5753 1.5754
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    • Article, Illustration
      Lock icon STOCK MARKETS
      2 11
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    • Article
      Lock icon BONDS, WARRANTS, PREFERENCE SHARES
      199 11 Most active Jun 26 Prem Expiry Last Vol Conv Exer Disc Gear-Mths Company Sale +or-('000) Ratio Price ing Left OCBC Bk MB eCW*****1 13 -1.3 9086 0.2 1040 6 FTSEChinaA50 ***** MBeCW*****0 1.4 -1.7 7806 0.0 1 FTSEChinaA50 ***** MBeCW*****9 7.7 -5.5 6836 0.0 --3 UOB
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INT’L INDICES
      373 11 In local curr In S$ In US$ dy yr dy yr dy yr Jun 25 Index Change Change Change Change Change Change World Preliminary 1352.5 0.0 6.0 -0.1 6.0 0.0 4.5 EAFE Preliminary 1095.9 -0.3 11.1 -0.3 9.1 -0.2 7.6 Europe Preliminary 1517.4 -0.2 9.8
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    • Article
      Lock icon Bubble in China? Not so clear cut: Citi
      416 12  -  Significant policy changes in country have reduced scepticism over the health of Chinese companies CHINA STOCKS By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore CHINA’S stock markets beat another retreat on Friday, prompting once again the question of whether Chinese securities are heading towards
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    • Article
      Lock icon Chinese stocks take another hard knock
      330 12 Bloomberg Hong Kong CHINESE stocks took another plunge on Friday, dragging commod-ity-producers’ currencies lower. European stocks too dropped in early trading, with bonds from Spain and Italy ahead of last-ditch talks between Greece and its creditors. The Shanghai Composite Index tumbled as much as
      Bloomberg  -  330 words
    • Corporate Digest
      • Article
        Lock icon CapitaLand
        125 12 CAPITALAND on Friday said that its consortium has satisfied the conditions to acquire land parcels on A2 Island in Danga Bay, Iskandar Malaysia, Johor from Iskandar Waterfront Sdn Bhd. CapitaLand, through a wholly owned subsidiary, owns 51 per cent of the consortium; the vendor and Temasek own the remaining
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      • Article
        Lock icon Frasers Hospitality Trust
        40 12 FRASERS Hospitality Trust (FHT) sold S$123 million of new stapled securities at S$0.82 apiece, the top of the indicated price range. Proceeds from the private placement will be used to part-finance the acquisition of Sofitel Sydney Wentworth.
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      • Article
        Lock icon SIA Engineering
        77 12 SIA Engineering Co has renewed its services contract with SilkAir for S$197 million, the aircraft servicing company announced on Friday. The contract lasts for five years, with an option to extend it for another year. The agreement will cover maintenance, repair and overhaul as well as fleet management
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      • Article
        Lock icon StarHub
        58 12 STARHUB has hired current STATS ChipPAC chief financial officer Dennis Chia as its next CFO. Howie Lau, the current corporate development vice-president at Lenovo’s Worldwide Finance Organisation, will replace Jeannie Ong as StarHub’s chief marketing officer. Ms Ong will take the newly created title of chief strategic partnerships officer.
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      • Article
        Lock icon MS Holdings
        72 12 MS Holdings’ full-year net profit fell 36.5 per cent to S$2.04 million as depreciation of new cranes and list-ing-related expenses hit its bottom line, the mobile crane operator announced on Friday. Net profit on a per-share basis was two Singapore cents for the year ended April 30,2015. The
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  • Page 12 Advertisements
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      Lock icon Page 12 Advertisements Column 1
      252 12 LEAD VENTURES HOLDINGS LIMITED (In Voluntary Liquidation) Company No. (*****66) NOTICE is hereby given pursuant to Section 204, subsection (1)(b) of the BVI Business Companies Act, 2004 that the Company is in voluntary liquidation. The voluntary liquidation commenced on 23rd June, 2015. The Liquidator is Ling Kee Poh of 16
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  • REAL ESTATE
    • Article, Illustration
      Lock icon JTC awards Tampines industrial plot to Sim Lian
      439 13  -  Firm’s price of S$5.9m, or S$68.85 psf ppr, is highest of 3 tender bids By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore JTC Corporation on Friday awarded the tender for an industrial site at Tampines Industrial Drive (Plot 4) to Sim Lian Construction, the
      Source: JTC  -  439 words
    • Article
      Lock icon More millennials entering US real estate market
      502 13 Bloomberg Boston A GREATER share of US millennials say they’re likely to buy a home this year, adding to evidence that first-time buyers are finally entering the real estate market and fuelling a jump in sales. A Realtor.com survey of site visitors taken
      Bloomberg  -  502 words
    • Article
      Lock icon US buyout firms eye apartment Reits
      473 13 Bloomberg New York BUYOUT firms are apartment hunting again. An affiliate of private equity firm Lone Star Funds agreed this week to acquire apartment real estate investment trust (Reit) Home Properties Inc for about US$7.6 billion including debt. It marks the largest takeover of
      Bloomberg  -  473 words
    • Article
      Lock icon Househunt
      1196 14 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN MAY 13 AND MAY 19, 2015 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$’000) PSF (S$) District 7 NON-LANDED City Gate Apt 19/05/2015 99 570 1065 1867 City Gate Apt 19/05/2015 99 710
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  • Page 13 Advertisements
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      102 13 GOOD CLASS BUNGALOW FOR SALE BISHOPSGATE CALDECOTT HOLLAND PARK LEEDON PARK OLIVE RD PEIRCE HILL QUEEN ASTRID SWETTENHAM SWISS CLUB BINJAI PARK ***** sf. Beautiful hse, tastefully done ***** sf English cottage. Tropical landscape ***** sf. Brand new, Just TOP. ***** sf. Brand new, 6-rm. Best of best *****/***** sf.
      102 words
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  • Page 15 Advertisements
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      2528 15 O Brooke Asia Limited BROOKE ASIA LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****8683N) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING (“EGM”) of BROOKE ASIA LIMITED (“Company”) will be held at Raffles City Convention Centre, Level 4, Enterprise Room, 80
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  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon Indonesia ban driving Malaysia bauxite exports
      661 16 Malaysia, the Philippines, and Australia are benefiting from Indonesia’s ore export curbs Bloomberg Jakarta MALAYSIA is emerging as an unexpected beneficiary of Indonesia’s ban on ore exports as mining companies from its larger South-east Asian neighbour pump cash into local bauxite deposits to meet
      Bloomberg  -  661 words
    • Article
      Lock icon Indonesia’s power plans expected to boost coal market
      657 16 Bloomberg Jakarta THE coal market’s best hope of breaking a four-year losing streak may be its biggest supplier’s plan to burn more at home. Indonesia plans to expand generating capacity by 46 per cent in four years with new power plants, half
      Bloomberg  -  657 words
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  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon Japan consumption rebounds, but rising food costs complicate BOJ’s task
      559 17 While household spending rose 4.8% in May, core consumer inflation was up 0.1% Reuters Tokyo JAPAN’S household spending rose in May for the first time in more than a year, and a robust jobs market fuelled hopes that companies will
      Reuters; PHOTO: AFP  -  559 words
    • Article
      Lock icon US Ex-Im Bank faces closure as Congress doesn’t renew charter
      408 17 Reuters Washington THE US Export-Import Bank faced an imminent shutdown of its new lending and insurance activities as lawmakers left Washington on Thursday for an 11-day break without renewing the trade lender’s charter. Ex-Im’s authority to make new loans or
      Reuters  -  408 words
    • Article
      Lock icon China seen winning IMF’s reserve-currency endorsement for yuan
      488 18 Most economists polled in survey predict unit will be added to SDR basket at review in Oct Bloomberg Hong Kong CHINA’S goal to attain endorsement of the yuan as a reserve currency will be achieved this year, according to most economists surveyed
      Bloomberg  -  488 words
    • Article, Illustration
      Lock icon Cham Tao Soon named 2015 Engineer of the Year
      308 18  -  By Ong Hui Qun ohuiqun@sph.com.sg Singapore CHAM Tao Soon, president emeritus of Nanyang Technological University (NTU), has been conferred the 2015 Engineer of the Year award by the Federation of Engineering Institutions of Asia and the Pacific (FEIAP). The award honours
      THE STRAITS TIMES FILE PHOTO  -  308 words
    • Article
      Lock icon Vietnam removes foreign ownership caps on most listed firms
      368 18 Reuters Hanoi VIETNAM has approved removing foreign ownership caps on most listed companies, its finance minister confirmed on Friday, scrapping a 49 per cent limit in one of its most liberal economic reforms yet. The communist government is stepping up reforms
      Reuters  -  368 words
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  • Page 18 Advertisements
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      Lock icon Page 18 Advertisements Column 1
      32 18 4 If you're looking for your dream condo complete with facilities, turn to the Print Classified Properties section. To advertise, call the Print Classified Hotline: 1800-289 9988. Want access to BBQ pits?
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  • LIFE & CULTURE
    • Article, Illustration
      Lock icon Giving his fans their money’s worth
      728 19  -  With 20 years of experience in the ring, WWE superstar Kane says he’s far from calling time on his professional career By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore FOR someone who has wrestled well over 2,500 matches and won dozens of championships, Glenn Jacobs doesn’t
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  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      291 19 CRYPTIC CROSSWORD Across 7 First name for Arnold’s proclamation on Scottish peak (8) 9 Tigress in river? (6) 10 Make a mistake getting backing of students (4,2) 11 Avoid, therefore, winning film (4,4) 12 Article penned by blues musician, to make things more confusing (5,3,6) 15 Horse circling male groom
      291 words
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  • OPINION
    • Article, Illustration
      Lock icon Why construction firms are choosing mediation
      987 20 / 21  -  It simplifies the dispute by focusing on the business priorities of both parties who are in control of the settlement terms. By Seah Choo Meng By Seah Choo Meng ~The writer has 18 years’ experience in mediating construction disputes and also provides arbitration, adjudication,
      THE STRAITS TIMES FILE PHOTO  -  987 words
    • Article
      Lock icon Don’t settle for just any MBA...
      809 20 / 21  -  3 things candidates must consider when evaluating a programme By Ralf Boscheck ~The writer is Director of IMD’s MBA programme. With more than 20 years of teaching in IMD’s executive programmes, Professor Boscheck believes in using intensive and direct interaction to develop technical competencies,
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  • Page 20 / 21 Miscellaneous
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  • Wealth
    • WEALTH INVESTING
      • Article, Illustration
        Lock icon A deal is the best way out for both Greece and EU
        1911 22 / 23  -  Athens can avoid the economic mayhem that may follow a default and EU can avoid the threat of contagion to other peripheral countries By Shane Oliver btworld@sph.com.sg ~The writer is head of investment strategy and chief economist at
        PHOTO: REUTERS; Source: Bloomberg, AMP Capital  -  1,911 words
      • BROKERS'TAKE
        • Article
          Lock icon Ascott Residence Trust
          234 22 / 23 Buy DBS Group Research June 26 June 26 close: S$1.285 Target price: S$1.34 ASCOTT Residence Trust (ART) has announced the acquisition of three serviced residences and four rental housing properties in Australia and Japan for S$298 million (inclusive of associated debt), on an estimated FY15 Ebitda (earnings
          234 words
        • Article
          Lock icon SATS
          225 22 / 23  -  Compiled by Jacquelyn Cheok Hold Maybank Kim Eng June 24 June 26 close: S$3.56 Target price: S$3.21 SATS announced that TFK Corporation, its 59.4 per cent-owned inflight caterer in Japan, has secured a multi-year contract worth 30 billion yen (S$327.1 million) from Delta Air Lines. The actual contract value
          225 words
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      Lock icon Page 24 Advertisements Column 1
      46 24 THERE ARE EXCEPTIONS TO EVERY RULE. ROYAL OAK OFFSHORE DIAMOND SET IN PINK GOLD. SINGAPORE AUDEMARS PIGUET BOUTIQUE FORUM THE SHOPPING MALL 583 ORCHARD ROAD #01-05/06 TEL (65) 6836 4918 THE SHOPPES AT MARINA BAY SANDS CASINO LEVEL B2M-207 TEL (65) 6688 7595 AL ROY AUDEMARSPIGUET.COM
      46 words
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      Lock icon Page 1 Advertisements Column 1
      64 1 BT Living THE BUSINESS TIMES WEEKEND JUNE 27-28, 2015 HANDS ON The new creative class of ‘yuccies’ makes a return to age-old craft and workmanship L2-5 WELLNESS Detox demystified L8 MOTORING Ghost rider L11 DINING Andrew Walsh finds the Cure L6 PHOTO: YEN MENG JIIN HEALTH Eat healthy, be healthy
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  • BT Living
    • LIVING
      • Article, Illustration
        Lock icon HANDS ON
        244 2 / 3  -  Forget craft beer and coffee shops. The new creative class is shedding sweat and tears over age-old workmanship, and making a decent living out of it. By May Yip MBA? Been there, done that. Achieved the highest GPA score humanly possible? Big deal. Paper qualification acronyms are so
        244 words
      • Article, Illustration
        Lock icon the shoemaker
        563 2 / 3 TO spur them on to hit the books, folks of a former generation would warn their kids that academic failure would only lead to one profession: road sweeper. Edwin Neo, founder of Singapore men’s shoe brand Ed Et Al, however, willingly swept the floors of his shoemaking master
        563 words
      • Article
        Lock icon indigo girl
        713 2 / 3 FOR most 20-somethings, taking a break from quotidian life means spending a week in a trailer at Coachella or exploring a yet-to-be-gentrified, blog post-worthy neighbourhood over a weekend. In the case of 25-year-old Gwen Chan, however, it equated to quitting her job and spending months on a foreign
        713 words
      • Article, Illustration
        Lock icon skin specialist
        609 4 / 5 THE proliferation of mass produced goods ought to eliminate the desire to work with one’s hands. Hughes Low, however, is not a product of the digital generation. Once a quantity surveyor, he has since decided to buck the trend of bargain-priced accessories churned out by sweat shops, and
        609 words
      • Article
        Lock icon the vintage-style seamstress
        722 4 / 5 WHAT’S cooler than wearing vintage finds? Making your own vintage-style frocks, of course. Not that Lilian Choo is your run-of-the-mill hipster maker. A former advertising account lead, the 37-year-old is passionate about keeping the art of dressmaking, and not just the more glamorous job of fashion design,
        722 words
      • Article, Illustration
        Lock icon ad man turned agriculturalist
        639 4 / 5 SEASONAL Affective Disorder, or SAD, might not be an ailment with which most tropical dwellers are familiar. But a bout of the blues during a dank British winter which lifted with the arrival of spring, left ad-man-turned-farmer Bjorn Low a gardening convert. “When spring came about
        639 words
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        Lock icon wine&dine
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      109 4 Corporate Pro le An Asian retail specialist, Norbreeze Group was founded in 2004, co-owned and operated by Danish duo Anders Peter Juel Sauerberg and Anne Trads Juel Sauerberg. Instilled with a deep passion for Danish designs, the couple established the company to distribute, market and build international accessible luxury WATCHES
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      135 6 1 One of the leaders in providing engineering solutions and top quality products for onshore, offshore and petrochemical industries. In addition it has developments of up to 10 Megawatt independent power producer (IPP). Kensteel is ISO 9001: 2008 quality standard certified and is capable of undertaking turnkey engineering, jackup rig
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