Tuesday, July 31, 2012

Shoko Nakagawa Fan Meet Party

Shoko Nakagawa is a multi-talented artiste. She is a singer well known for the many anime theme songs that she had recorded. She is also a talented actress, voice actress, illustrator, and creator of her fashion brands. She is an enthusiast of anime, COSPLAY, blogging that is uniquely the Otaku culture. Through her concert with her performances and enthusiasm she wants to introduce this unique Japanese Otaku culture to the world.

For entry to the Fan Meet Party, purchase your copy of Shoko Best 3CD album at any HMV stores and receive a entry ticket to the event.

Friday, July 27, 2012

SGX - long or short ahead of tonight's result?

The Singapore Exchange is due to report its fourth quarter and full year 2012 earnings after market tonight. According to Bloomberg’s poll of 12 analysts, the street is looking at a consensus of $362.92 million for SGX’s earnings before interest and tax, a 1.4% increase over the FY11 numbers.
SGX’s stock price is currently on a seven week winning streak. Since the start of the second half of this year, the stock has gained 6.9%, although that still lags the benchmark STI’s 8.4% increase over the same period.
The stock had recently been in the spotlight following its announcement of a new partnership with the London Stock Exchange.
New partnership with London Stock Exchange
On 11 July, SGX announced their signing of a partnership with the London Stock Exchange (LSE) to enable cross-trading of their respective largest and most actively traded stocks.
As such, SGX trading members will be able to trade FTSE100 securities on SGX's GlobalQuote Board and likewise, LSE members can trade 36 selected SGX stocks on LSE's newly-created International board.
Apart from greater market access, the key benefit to investors from this partnership is to enable them to better manage their risk trade positions across different time zones, therefore, investors are able to trade for extended hours.
SGX expects the SGX securities to be quoted on LSE's international Board by early third quarter this year while selected LSE securities will be quoted on SGX's GlobalQuote by the first half of 2013.
Macquarie Research Equities has an Outperform rating on the SGX with a 12-month target price of $7.56*. SGX closed at $6.62 yesterday.

Thursday, July 26, 2012

SGX and ASX Enhances Market Connectivity

Singapore Exchange (SGX) in conjunction with Australian Securities Exchange (ASX) announced plans to enhance customer’s connectivity to each other ‘s market Wednesday.
Come September, SGX’s co-location data centre in Singapore will host the ASX hub, providing direct connection to the ASX 24 futures market based at the ASX Australian Liquidity Centre in Sydney.
This will allow customers in Singapore to connect more easily to ASX 24, resulting in an expected increase in the volume of futures market activity into Australia.
It will extend ASX’s international hub network, which presently includes Chicago, New York, London, Hong Kong and an existing location in Singapore. About 6 per cent of ASX 24 futures and options volume is generated from its international hub network.
Following which, Australian customers will directly connect via the ASX global network to SGX, the only international venue with futures contracts for Chinese and Indonesian equity indices and the biggest offshore market for Asian equity derivatives.
Mr Muthukrishnan Ramaswami, president of SGX said, “This new SGX-ASX partnership enables both exchanges’ customers to easily leverage the strengths of the Australian and Singapore derivatives markets. As the Asian Gateway, SGX is delighted to enable easier and more cost effective connectivity offerings at a time when investors are increasingly using exchange-traded derivatives to manage risks in the various global marketplaces.”
The partnership with ASX further enhances SGX’s connectivity to major markets and hereby drawing more global participants to the Singapore market and allow SGX customers easy access to international markets.
SGX has been pushing for greater connectivity with global exchanges in the wake of its failure to take-over ASX more than a year ago.
Earlier this month, SGX’s hubs in London and Chicago began operation as part of its connectivity initiative.

Tuesday, July 24, 2012

SGX Enhances Default Management Framework for Derivatives

The Singapore Exchange (SGX) Monday unveiled enhancements to its default management framework for derivatives products.
The enhanced rules, which will take effect August 7 this year, seek to protect the bourse’s derivatives market against systemically destabilising events. This also followed a public consultation issued in September 2011.
“SGX is making a timely change in anticipation of expansion in the scope of its clearing business and to address the needs of its members,” the exchange said in a statement.
The rule enhancements include establishing the Clearing Member’s liabilities in circumstances of multiple defaults if the Clearing Member resigns.
The new rules also allow SGX-Derivatives Clearing (SGX-DC) to apply the Clearing Fund continually to meet the losses arising from all defaults which occur within a fixed period of 90 days.

Friday, July 20, 2012

Suntec REIT : OUTPERFORM - Maintained

Management came up trumps in 2Q12, with full occupancy for Suntec City offices. Pre-commitments for the mall’s asset enhancement have again climbed, with management planning to fast-track later phases. At 0.7x P/BV, Suntec is the cheapest large-cap S-REIT. 2Q12/1H12 DPUs met consensus and our estimates, at 26%/53% of our FY12 estimate. We expect more AEI disruption in 2H12. However, we raise DPUs and DDM target price (8.1% discount rate) after adjusting AEI timing and rentals. Suntec remains an Outperform and a key sector pick.

Thursday, July 19, 2012



Date: 19 Jul 2012 (Thurs)
Time: 6.30 p.m.
Venue: Bugis Junction, Bugis Square @ Level 1


So will you be there? Hurry, grab Jedward: Young Love, CD out now at CD RAMA, Gramophone, HMV and That CD Shop!

Date: 19 Jul 2012 (Thurs)
Time: 6.30 p.m.
Venue: Bugis Junction, Bugis Square @ Level 1
So will you be there? Hurry, grab Jedward: Young Love, CD out now at CD RAMA, Gramophone, HMV and That CD Shop!

Wednesday, July 18, 2012

Meet Your Favourite TVB Stars - Moses Chan and Selena Li!

Here's your chance to meet your favourite TVB Stars - Moses Chan and Selena Li up close!

Date: 21 July 2012 (Sat)
Time: 1pm
Venue: Plaza Singapura, Level 1 Atrium


Thursday, July 12, 2012

SGX, LSE Sign Cross Trading Agreement

Singapore Exchange (SGX) has signed a Memorandum of Understanding Wednesday with London Stock Exchange (LSE) to jointly develop capabilities which will enable cross-trading of their largest and most actively traded stocks.
Under the agreement, SGX members will be able to trade FTSE100 securities on SGX’s GlobalQuote Board while LSE members will be able to trade 36 securities of Singapore’s leading indices on LSE’s newly-created International Board.
The collaboration will enable investors to have access, over extended hours, to the most actively traded securities in both markets, providing them with more opportunities for investment, trading, and risk management.
For issuers in both markets, the initiative will offer quotation on a new market without the need for a separate listing, giving access to a new investor audience and the opportunity to benefit from increased stock liquidity.
The proposed collaboration will occur in stages. Subject to regulatory approvals, the relevant SGX securities will be quoted on LSE’s newly created international Board by early next quarter while the relevant LSE securities will be quoted on SGX’s GlobalQuote by 1H2013.
“This partnership delivers on the SGX Asian Gateway offering and is significant for three reasons. First, we are broadening the coverage of GlobalQuote so customers in Singapore can now invest in listed companies across the globe, beyond the US and Asia into Europe. Second, we are raising the overseas profile of our top Singapore-listed companies and offering them more liquidity and access to global capital. Third, this international partnership effectively allows investors to act quickly on information and news flow across several time zones and manage their risks almost round-the-clock,” said Magnus Bocker, CEO of SGX.
For his part, Xavier Rolet, CEO of LSE Group, said the collaboration will bring “exciting” opportunities to both FTSE100 companies and trading customers around the world.
Trading of Singapore stocks in London will be carried out in their respective listed currencies including Singapore and US dollars, and trading on SGX of FTSE100 stocks will be in Pound Sterling.
Dedicated market makers are expected to be in place in London and Singapore to provide liquidity on LSE’s International Board and on SGX’s GlobalQuote.

Monday, July 09, 2012

Saturday, July 07, 2012

Cosfest XI: Go For It

Since 2001, Cosfest has been a look-out-for event at Downtown East. This year, Cosfest XI brings you the highly anticipated Cosfest Cure Cosplay Grand Walk, Asia Cosplay Meet Championship and Anime Karaoke! Last but not least, the popular doujinshi booths!

Date: 7 & 8 Jul 2012 (Sat & Sun)
Time: 1pm - 6pm
Venue: D' Marquee


7 Jul 2012 (Sat)
1.00pm - Asia Cosplay Meet Singapore
1.30pm - Anime Karaoke
3.30pm - Asia Cosplay Meet Championship (Individual Category)
6.00pm - Event Ends

8 Jul 2012 (Sun)
1.00pm - Event Doors Open
2.00pm - Cosfest Cure Cosplay Grand Walk
3.30pm - Asia Cosplay Meet Championship (Team Category)
5.00pm - Cosplay Guest Autograph Session
6.00pm - Announcement of Results

What are you waiting for?
Cosplayers, don your costumes and grab your friends.
Photographers, preps your gears and get ready for a day of interesting shoot.
The rest, join in and have fun!

Photo: Asia Cosplay Meet 2012 official merchandise.
Autograph card.

Friday, July 06, 2012

MAS Imposes Fine on MAA Financial Planners for Breaching Financial Advisers Act

The Monetary Authority of Singapore (MAS) said Thursday it imposed a S$35,000 fine on MAA Financial Planners Pte Ltd for breaching Financial Advisers Act (FAA).
MAA paid a composition amount of S$20,000 for contravention of section 13(1) of the FAA and S$15,000 for contraventions of written directions issued to MAA on 16 October 2008 under section 58(1) of the FAA.
The central bank said MAA contravened a condition of its financial adviser’s licence when it allowed four of its representatives to conduct financial advisory services in Singapore without holding a valid financial adviser’s representative’s licence under the FAA.
The financial advisory firm also failed to maintain the requisite transactions logs, with the firm’s CEO failing to sign on the log of all switching transactions on a weekly basis.
On another violation, MAA also failed to ensure that its compliance function is exercised in an independent manner and not placed in a conflict of interest situation, as required under the written directions issued to MAA on 16 October 2008.
The MAS said that MAA has informed it that it is in process of winding down its financial advisory services.

Wednesday, July 04, 2012

Urgent And Confidentia fvyzfsdwhz

Dear Friend,
Urgent And Confidential:
Transfer of [$13,500.000.00 USD.Thirteen Million Five Thousand United States
We want to transfer to overseas [$13,500.000.00] thirteen million five hundred
united states dollars from our bank in south africa. I would like if you will
be capable and fit to provide either an existing bank account or to set up a
new bank account immediately to receive this money, even an empty acount can
serve to receive this money, as long as you will remain honest to me till the
end of this important business transaction.
I want to believe that you will never let me down either now or in future. I am
Mr. Robert Hill director of accounts department of our bank in SA, durging the
Course of our auditing i discovered a floating fund in an account opened with a
security company in 2000 and since 2005 till today nobody has operated on this
account again, after going through some old files in the records i discovered
that the owner of the account died without an heir hence the money is floating
and i do not remit this money out urgently it will be forfeited for nothing.
The owner of this account was a foreigner, an industrialist, he died since 2002
and no other person knows about this account or anything concerning it, the
account has no beneficiary and my investigation proved to me as well that the
account owner until his death was a expertriate/Contractor with eskom in south
africa [PTY] SA.
I am contacting you as a foreigner because this money can only be approved to a
foreigner with a valid international passport or drivers licence and foreign
account because the money is in U.S dollars and the former owner of the account
is a foreigner. I am revealing all this to you with the belief that you will
never let me down in this business, you are the first and the only person i am
contacting for the business so please reply urgent for me to tell you next step
to take.
You should forward your telephone and fax numbers which is needed. you will have
to give me the assurance when we meet that this money will be intact pending
our physical arrival in your country for sharing and disbursement of the fund
which will be 40% for your assistance, 55% will be for us while 5% will be set
aside to take care of all the expenses that will be incured by both parties
during the course of the teansfer.
I look forward to your earliest response, note you can also call me on my
private number for security reasons.
Mr. Robert Hill
Best Regards.

Tuesday, July 03, 2012

Singapore to Give Out GST Voucher Worth S$440 million from August 1

Almost 2.1 million Singaporeans will receive a letter starting July 2 detailing the amount of financial assistance they could expect to receive under the GST Voucher (GSTV) Scheme.
Under the permanent scheme, introduced in Budget 2012 to help lower- and middle-income households with their expenses, in particular GST expenses, a total of S$440.0 million will be given out from August 1.
Lower-income households (with no elderly persons) living in 3- or 4- room flats will be able to cover about half of the GST they pay yearly.
Meanwhile, families in the middle-income category can also expect to receive a GSTV that will partially offset their GST expenses.
The GSTV has 3 components: GSTV – Cash; GSTV – Medisave top-up to help the elderly with medical expenses; and GSTV – U-Save, a rebate to help households offset utilities bills.
The aid amount varies depending on their age, income and annual value of their home.
The government said eligible Singaporeans who have not signed up for a previous government payout, such as the 2007-2010 GST Credits, will have to sign up by July 18 to receive their payout on August 1.
They can do so via the website at by July 18, or by filling up a physical form at any community centre, Community Development Council or CPF Service Centre by July 16.
However, there is no need to sign up for the GSTV – U-Save which will be paid out automatically in January and July each year.