Friday, December 30, 2011

Happy 3+65 Countdown Show @ Marina Promontory

Dec 31, 2011 
The Promontory @ Marina Bay
11 Marina Boulavard
6329 3535
6.30pm till late
Price: Free admission

The Happy 3+65 countdown show is a showcase of local talents who have worked hard to fufill their dreams throughout 2011. If you are planning to head down to the bay for the fireworks, be sure not to miss their live performance. Booze, food and drinks will be available at special prices.

6.30pm: Start of Happy 3+65 countdown party
6.40pm: Deon Toh
7pm: Natalie Hiong
7.20pm: Wei En
7.40pm: Cheryl Wee
8pm: Black Forest
8.20pm: Catalogue V
8.40pm: The Pinholes
9pm: Sleeq
9.30pm: Performance by various institutions

Happy 3+65 Countdown Show @ Marina Promontory

Tuesday, December 27, 2011

Block B in Singapore!

Date: 27 December 2011
Flight/Terminal: KE643, T2
Time: 1.45PM
Meet-and-Greet Session (Autograph Session, Hi-5/Handshake Session)Date: 28 December 2011
Venue: Tampines Mall, Level 4 Open Plaza
Time: 7pm to 9pm
Date: 29 December 2011 (Thursday)
Time: 7pm to 9pm
Place: St James Powerhouse

Sunday, December 25, 2011

CHILLOGY on Christmas Day (25 DEC) at Powerhouse!

Have a white Christmas day at Powerhouse with 3 DJs spinning 3 genres in 1 power packed night!
Add to the wintry season by dressing in white and the first 500 will enjoy free entry, a door gift, a shot of Cuervo Cold and free flow of Jose Cuervo Tequila cocktails from 10pm to 11pm.

Minimum age of entry is 18 years old.
No cover charge before 11pm.
Cover charge applies after 11pm: Ladies no door charge, Guys $20 (includes 2 drinks).
Extended Happy Hour till 11pm (MERRY CHRISTMAS!)
St James Members enjoy free entry + unlimited guests all night long!

Saturday, December 24, 2011

SGX Expands GlobalQuote Footprint with New ADRs

Singapore Exchange (SGX) will expand its GlobalQuote footprint with the addition of 15 new American Depositary Receipts (ADRs) to its international quotation board on 29 December 2011.
In a statement on Friday, SGX said the move is part of its continuing efforts to expand the scope and coverage of GlobalQuote to offer more international investment opportunities for market participants.
All 15 new ADRs are of industry-leading companies with at least US$1-billion market capitalisation. They hail from across Asia, Europe and Australasia, expanding GlobalQuote’s geographic coverage to 11 countries across three continents.
SGX said all the ADRs on GlobalQuote are fully transferable with those listed in the US and allow investors to manage their exposure to these companies across both US and Asian market hours.
Nels Friets, Head of Securities at SGX, said: “By expanding our GlobalQuote footprint with these new ADRs, we enable investors to manage risk and trade across several time-zones with ease and cost efficiency. For the first time, investors will be able to manage exposures to these global companies during the Asian time zone, when increasingly relevant news (flows are) likely to occur for these companies with significant businesses in Asia.”
The new ADRs include: Makita Corp, Alumina Ltd, James Hardie Industries, Telco of NZ, Alcatel Lucent, Total SA, France Telecom, Veolia Environment, Vodafone Group, Diageo Plc, HSBC Holdings, Royal Dutch Shell Plc, Statoil, Syngenta, and Portugal Telecom.

Thursday, December 22, 2011

SIAS Urges China Sky to Comply with SGX Directive

A statement on Wednesday by Securities Investors Association (Singapore), or SIAS, highlighted “serious concerns” over recent developments at China Sky Chemical Fibre Co Ltd.
Trading of Singapore Exchange (SGX) Mainboard-listed China Sky’s shares has been suspended since November 17.
SIAS called for the company to immediately comply with the SGX directive to appoint a special auditor under the listing rules so that the trading suspension can be lifted.
Issued on November 16, the SGX directive seeks to address various issues pertaining to interested party transactions between the company and the audit committee chairman, the aborted acquisition and development of land in China, and repair and maintenance costs.
The SIAS statement also called on China Sky and its directors to “adhere to corporate governance standards in Singapore, which is the least that shareholders expect from the company and its directors”.
“SIAS is perturbed to learn from SGX’s statement dated 16 December 2011 that queries from SGX to the company have been met with contradictory statements and disclosures which were not substantiated,” the association said.

Tuesday, December 20, 2011

Global Logistic Properties - Beachhead for asset management

GLP has acquired a 50% stake in a logistics facility portfolio from LaSalle Investment Management valued at 

US$1.6bn. The acquisition is slightly accretive to its tangible asset value and marks the start of asset management. 

We view this move positively. Balance sheet remains strong with a resultant net gearing of 0.4x, on our estimates. 

We lift our RNAV-based TP with FY12-14 EPS estimates up by 3-9% to factor in the accretion and a 15x PE applied 

to its new fee income stream. Maintain Outperform.

Friday, December 16, 2011

家輝新加坡簽唱會!!! 期待與大家見面!!

伍家輝[妳 愛我嗎]簽唱會
日期: 12月17日(星期六)
時間: 6pm
地點: Bugis Junction, Bugis Square

Wednesday, December 14, 2011

吴建豪 C'EST LA V 签名会

Date: 15.Dec. 2011

Time: 7:30pm

Venue: Bugis Junction, Bugis Square Level 1

凡携带Vanness C'EST LA V 改版专辑,将可获得签名!千勿错过!

Tuesday, December 13, 2011

Singapore Launches World’s First National Two-factor Authentication Device

A new device, expected to raise the security of online transactions while allowing access to multiple electronic platforms, was launched in Singapore on Monday.

Called “OneKey”, the device was rolled out by Assurity Trusted Solutions, a subsidiary of the Infocomm Development Authority of Singapore.

Assurity said OneKey, about the size of a name card, is the world’s first national two-factor authentication device.

The device was launched as part of the National Authentication Framework, of which Assurity is the operator.

According to Assurity, OneKey users can access multiple online platforms using the single device.

For example, the same device allows them to do online banking with different banks.

While Philip Securities, Kim Eng Securities and ST Electronics have reportedly said they will leverage on OneKey, no banks have joined the new system as yet.

Thursday, December 08, 2011

BlackRock Boosts its iShares ETF Offerings with Two New Funds in SGX

BlackRock (Singapore) Limited, a unit of the world’s largest asset management company, on Wednesday announced it is extending its iShares fixed income exchange traded fund (ETF) offerings in Singapore with the listing of two new Asian fixed income ETFs in a bid to give investors more investment access to one of the world’s fastest growing regions.

The new iShares Barclays Capital USD Asia High Yield Bond Index ETF and iShares Barclays Capital Asia Local Currency 1-3 Year Bond Index ETF are expected to take advantage of the region’s improving economic fundamentals and better corporate profile with investments on baskets of Asian currency, credit and high yield bonds.

“Driven by domestic consumption and exports, Asian economies are recording faster growth than any other developed markets. Market conditions in the US and Europe are leading investors to increasingly turn to Asian fixed income markets, which offer higher yields and lower default rates, for returns,” said Nick Good, Managing Director and Head of iShares, Asia Pacific at BlackRock.

Asset allocation strategies are heavily leaning towards emerging markets in general and Asian high yield bonds could be major beneficiaries of that trend as economic growth trends remain robust as compared to the Western world.

Dedicated emerging market bond funds have attracted US$8.2 billion in inflows year to date, according to EPFR Global data. This contrasts with US$27.3 billion of outflows for emerging market equities.

The iShares Barclays Capital USD Asia High Yield Bond Index ETF will track the performance of a combination of USD-denominated government-related and corporate high yield debt in the Asia ex-Japan region. The countries include China, Indonesia, Hong Kong, the Philippines, India, Sri Lanka, Vietnam, South Korea, Pakistan and Singapore.

Meanwhile, the iShares Barclays Capital Asia Local Currency 1–3 Year Bond Index ETF provides access to Asia’s local currency bond markets with less sensitivity to interest rate movements than existing products due to its shorter duration. It will cover Thailand, South Korea, Malaysia, Singapore, Indonesia, the Philippines and Hong Kong bonds, with small allocations to regional corporate bonds.

ETFs are baskets of assets, such as stocks, bonds or commodities, that trade on stock exchanges. Unlike traditional mutual funds, ETFs can be bought and sold throughout the day like stocks and are also attractive to investors because they have lower fees and tax advantages compared with mutual funds.

In June this year, BlackRock introduced its first two Asian fixed income ETFs which offered exposures to a diversified portfolio of local Asian currency denominated debts from sovereign issuers such as Indonesia, Hong Kong, Malaysia, Singapore, South Korea, Thailand, and the Philippines, combined with allocations to regional corporate bonds.

“Together with iShares’ first two Asian fixed income ETFs, investors can now choose to invest in bond markets at varying levels of risk adjusted return in order to suit their investment view. All four of our fixed income ETFs listed on SGX are cash-based ETFs that invest directly in the underlying bonds,” explained Catherine Barker, Director and Head of iShares Southeast Asia at BlackRock.

Both ETFs will be listed on SGX, with trading to commence December 8, Thursday. They will both trade in board lots of 100 shares.

“Singapore is a hub for fixed income as it provides accessibility across regional markets. With improved access to the fixed income sector through SGX-listed fixed income products such as retail and corporate bonds, Singapore government bonds and fixed income ETFs, we are seeing increased interest in these products from investors,” said Nels Friets, Head of Securities at SGX.

BlackRock is the world’s leading fixed income manager managing US$1.2 trillion in fixed income assets across multiple investment approaches, and iShares is the world’s leading fixed income ETF provider, accounting for 59 per cent of total fixed income ETF assets.

Tuesday, December 06, 2011

Singapore Exchange Strengthens Regulation with New Appointments

Singapore Exchange (SGX) announced that it has appointed Richard Teng as Deputy Chief Regulatory Officer with effect from 1 January 2012.

SGX said that in his new role, Teng will support Yeo Lian Sim, Chief Regulatory Officer, in maintaining a robust regulatory framework to uphold the quality and integrity of the marketplace.

Teng was appointed Head of Regulation in July this year to oversee the issuer regulation, Catalist regulation, member supervision, market surveillance and enforcement functions under the Risk Management and Regulation (RMR) unit.

He joined SGX in 2007 as Head of Issuer Regulation and Chief of Staff for the RMR team.

Prior to joining SGX, Teng was director of the corporate finance division at the Monetary Authority of Singapore.

The exchange also welcomed Sonia Zhang as Head of Risk Management with immediate effect on Monday.

In leading the risk management team, Zhang will be responsible for establishing enterprise-wide risk policies and management of clearing houses’ risk exposures.

SGX said the risk management unit will work closely with the clearing risk unit, which is responsible for the formulation and implementation of risk frameworks for new products and services. Both units report to Yeo.

Zhang joins SGX from OCBC Bank where she headed market risk control and analysis within the group risk management unit in overseeing market risk identification, measurements and control for the bank’s trading activities.

“The new appointments strengthen the risk management team for the challenges of the changing financial landscape,” Yeo said in a statement.

Sunday, December 04, 2011

SGX Derivatives, Commodities and Clearing Activity Continues to Grow in November

Singapore Exchange (SGX) on Friday said its derivatives, commodities and clearing activity continued to grow while securities fell in November from a year earlier.

Securities turnover fell 37 per cent year on year to S$25.4 billion as global uncertainties lingered. Securities daily average value was S$1.2 billion, down 40 per cent from a year earlier.

Turnover from exchange traded funds also went down 52 per cent to S$532.0 million. Structured warrants trading, however, rose 57 per cent to S$931.0 million.

Total derivatives volume increased 7 per cent year on year to 5.8 million contracts while derivatives daily average volume was 281,038 contracts, up 6 per cent.

MSCI Taiwan Index Futures volume was 33 per cent higher in November from a year earlier at 1.6 million contracts.

MSCI Singapore futures volume was 26 per cent up at 395,618 contracts while China A50 futures trading increased 81 per cent year on year to 369,041 contracts in November.

For commodities and clearing, trading of agricultural commodity futures increased 54 per cent year on year to 30,140 contracts primarily due to growing interest in the SICOM rubber contracts.

Volume of OTC commodity contracts cleared rose 67 per cent from a year earlier to 19,800 contracts; while iron ore swaps cleared totalled 12,851 contracts, almost five times the volume of a year earlier.

Clearing of OTC Interest Rate Swaps continued to grow with a notional S$4.5 billion cleared in November, bringing the cumulative amount cleared since launch to S$184.5 billion notional.