Thursday, July 29, 2010

CapitMalls Asia Has S$2.5B-$3B Warchest For Acquisitions

CapitaMalls Asia Ltd. (J58.SG) Chief Executive Lim Beng Chee said the property developer has a S$2.5 billion to S$3 billion war chest that it can use to acquire and build assets in Singapore, China and Malaysia, The Business Times reported Thursday.

The group has about S$1 billion in cash following the listing of its CapitaMalls Malaysia Trust (5180.KU) on the Kuala Lumpur exchange and the sale of Clarke Quay to CapitaMall Trust (C38U.SG), the report said, citing Lim at a media conference.

He also said the group is able to borrow another S$1.5 billion to S$2 billion, which would present "a very good opportunity" for acquisitions.

Saturday, July 24, 2010

One Million Star VII Singapore Audition 第七届超级星光大道海外选秀会:新加坡

Mandopop’s most acclaimed talent search programme One Million Star is back on E City (Ch 825) with its latest season! This time, the competition is extended to contestants from Singapore. The judges from One Million Star, Roger Cheng and Huang Yun Ling, will be making a special trip from Taiwan to judge at the Singapore rounds of Audition on Sunday 25 July. Only 500 candidates will be auditioned. So hurry now and you may be the next regional singing sensation!

华语乐坛最受好评的寻星节目《超级星光大道》的最新系列将通过都会台(Ch 825)隆重登场!第七届的《星光》将网罗新加坡的参赛者,在台湾飚歌,争夺冠军荣衔!想成为明日之星?那就赶紧报名试镜。《星光》评审Roger老師与黄韵玲将从台湾特意飞来新加坡,进行选秀。试镜名额只限500位!

Audition Details

Date: Sunday 25 July, 2010
Venue: City Square Mall,
B1 Fountain Square
Registration begins 11am

Wednesday, July 21, 2010

AIA Wants to Split from US Parent

American International Assurance (AIA), the Asian unit of US insurance giant AIG, is trawling for investors so it can split from its troubled parent as soon as possible, a report said Tuesday. Mark Tucker, the former head of British insurer Prudential who was named Monday as AIA's new chief executive, has sought assurances that AIA can "pursue independence immediately," the Financial Times reported, citing unnamed sources. Reports have said AIA plans to list more than half its equity in Hong Kong by October or November with the goal of raising as much as US$23 billion (about S$31.7 billion). Tucker -- who replaces AIA's current chief executive Mark Wilson -- was in talks with regulators and potential investors from Singapore, Hong Kong and mainland China, the paper said. Singapore's sovereign wealth fund Temasek has long coveted the Asian insurer, while Tucker has "good links" with Chinese insurance giant Ping An, the paper said. An independent AIA could be valued at more than US$34 billion and would be the only listed pan-Asian insurer. At least four consortia made up of private Chinese investors have approached AIG about acquiring AIA, Hong Kong's South China Morning Post reported last week. Tucker's hiring follows the collapse last month of Prudential's US$35.5 billion-takeover bid for AIA, which Wilson had opposed. The failure of the mega-deal forced AIG, which is seeking to repay billions of dollars in US government bailouts, to look again at a Hong Kong listing of AIA to raise fresh funds. AIG said it would "proceed as soon as practicable" with the listing plan. "After reviewing various options to monetize AIA's substantial value, we have concluded that an IPO is our best option," AIG chief executive Robert Benmosche said in a statement Monday.

Sunday, July 18, 2010

Monday, July 12, 2010


I woke up at 2.30am singapore time to watch the LIVE match. The fight is entertaining not in the number of goals scored but the number of FREE yellow cards given out by the referee. The dutch seems more aggressive as ALMOST all their players got booked compared to the spanish side. The drama sure makes the closing of WORLD CUP 2010 an unforgetable event for me !

Sunday, July 11, 2010

Y.E.S. 93.3 FM 亚洲街舞大赛2010 新加坡站 Y.E.S. 93.3 FM Asia Street Dance Competition 2010

广邀所有爱好街舞(Street Dance)的朋友/街舞达人组队来参加一场别开生面,首度在新加坡拉开帷幕的【亚洲街舞大赛-新加坡站】!在本地成功过关斩将的2支优胜队伍,将能代表新加坡出战台北8月的终极大决赛,机票住宿完全免费!你只需'付出'坚强的实力!

Y.E.S. 93.3 FM 亚洲街舞大赛2010 新加坡站 - 初选



Orchard Central

主持:志勇, 嘉蕙

Time to show your talent at the upcoming street dance competition and compete with the best in Taiwan! Taiwan's most influential hip-hop competition - "Metro Cup Street Dance Competition" is now into its sixth year. The competition now expands to the Asia region and invites participants from overseas area. The winner from the Singapore stop will be invited to the 『Taipei MRT Cup 2010 finals in Asia 』street dance on 21st August.

Y.E.S. 93.3 FM Asia Street Dance Competition 2010

Sun, 11 Jul


Orchard Central

Hosts : Cruz Teng, Jiahui

Saturday, July 10, 2010


Catch Show Luo at *SCAPE for the grand opening of Stage Singapore!

Sat 10 July, 1pm

Wednesday, July 07, 2010



This counter has reached a new high .
Yesterday closing price is $1.17 .
Counter moved up $0.07 today .
Based on technical analysis , breakout has occurred ?

Sunday, July 04, 2010

Peng Yu Yan Eddie's Inevitable Love Performance & Autograph Session

4 July 2010, JP1 Centrestage, 4pm

Don't miss the chance to catch Taiwanese heartthrob, Peng Yu Yan Eddie in person as he performs songs from his debut EP, Inevitable Love. Plus, get up-close and personal with him during the autograph session!

Saturday, July 03, 2010

Quan Yifeng grilled by police for six hours

Under-fire television host Quan Yifeng has been interviewed by police for six hours, following a much-publicised run-in with a taxi-driver.
The 36-year-old arrived at Bedok Police Division headquarters on Friday at close to 4pm on Friday and only emerged six hours later at 10pm.
The Straits Times reports that she told reporters outside the police station in Mandarin, “Thank you for being here, thank you for your concern. You have been working very hard, and I apologise for making you wait.”
When asked, the tired-looking star declined to say why she took so long to give her statement and left in a grey Mercedes.
Yifeng, who has hired top criminal lawyer Subhas Anandan to represent her, is involved in a huge dispute with a Comfort Delgro taxi driver named Mr Chan, who has accused her of thrashing his taxi when he refused to help her load her luggage into the boot.
In addition, the 52-year-old cabbie claims she hit him, locked him in the taxi, ripped out the fare meter in his cab and even poured water on his belongings before leaving in another cab.
She, meanwhile, says that Mr Chan had swung the taxi’s door on her, hitting her on the back and leg.
ComfortDelGro is backing the taxi driver involved in the incident. The company has described Yifeng’s incident as an “act of aggression”.
The case has put Yifeng front and centre in the media spotlight for the past week. Close to 3,000 Yahoo! Fit-to-Post users have given their thoughts on the case.
While the majority believe Yifeng is to blame, some also sympathised with her and called for police to conclude their investigations.
User Pretty One said, “All of us are 2-sided coins. The nice side and the ‘Incredible Hulk’ side. The TV showing (sic) the nice side of Yifeng and the cab-driver saw the Incredible Hulk side of her. It could be a misunderstanding between the two of them. Let the police settle it.”
Some users have also compared the case to a battle between the rich and the poor.
Poor commented, “This is a fight about the rich and the poor. Yifeng managed to get the No. 1 top criminal laywer in singapore… It is time to see if Comfort-Delgro will protect interest of the poor taxi drivers.”
Another user Lee added, “I have no reason to believe that the taxi driver would do all the damages to his taxi… and if she really kicked that poor old taxi man and messed up his taxi, then what a wild and uncivilised woman she is! And doing that in front of her daughter!”
Yifeng, a popular Taiwan-born TV host, is well-known for her quick temper and sharp tongue. In 1996, the star, who split from her ex-actor husband Peter Yu two years ago, was involved in a fight with a bowling alley attendant and was fined S$1,000.
According to a Lianhe Wanbao report, the recent incident began when Mr Chan failed to help the host with her luggage. Quan reportedly flew into a rage and demanded, “What sort of service attitude is this?”.
The driver claims that he did not help the star because he was recovering from an elbow injury.
Driving away from Hua Xin Court Condominium where he picked Yifeng, her 11-year-old daughter and a male friend up, he asked for directions to the airport, to which Quan allegedly snapped, “Are you from Malaysia? Don’t you know the way to the airport?”
Tensions reportedly reached boiling point when the driver braked hard at a junction and the star was thrown forward. The cabby said that Quan accused him of doing it on purpose and swore at him in Hokkien. She then insulted his mother and proceeded to shove and hit him, he told the paper.
With his word against hers in this dramatic case of he-said-she-said, it’s anyone’s guess whose version of events is true.
But one thing’s for sure – the beleaguered star will be steering clear of taxis for quite awhile.

Friday, July 02, 2010

CapitaLand eyes major boost in Vietnam property business

Southeast Asia's largest property developer, Singapore-based CapitaLand, says it plans to increase its assets in Vietnam tenfold and is building thousands of new homes.
"Vietnam has been earmarked as the group's most important overseas market in Asia, after China," the company said in a statement.
The firm will invest 299 million Singapore dollars (211 million US), and is looking to hold ten percent of its assets in the country within the next three to five years, said Chen Lian Pang, chief executive officer of CapitaLand Vietnam Holdings.
"The real estate market is supported by the country's strong economic growth, rapid urbanisation, and a young and growing population," said CapitaLand, which is building more than 4,000 residential units in Vietnam.
It says it is the largest owner-operator of international serviced residences in the country, with five under the Somerset brand and three others being developed under contracts.
Communist Vietnam has a population of almost 90 million people.
The economy grew by 5.32 percent last year despite the global economic and financial crisis.
Prime Minister Nguyen Tan Dung told global business leaders on Sunday that the economy is expected to expand 6.5 to seven percent this year, against a government target of 6.5 percent.
Singaporean firms are among the major investors in Vietnam.