Singapore Conglomerate Wealth Increases 20%
Portfolio March 2nd, 2010

Singapore as one of the countries with developed economies, had suffered enough in the recession, since the country’s independence in 1965.
However, signs of economic recovery is in sight, this year the island was possible the country able to print 6 per cent growth.
The signs of recovery was also seen in the growth of GDP (Gross Domestic Product) in the second quarter, or the first time in 2009 indicates this is a positive number. Exports, manufacturing, property and sales prices also increased. Stock prices also soared 90 percent since being in the low position in March.
Improved economic conditions also have an impact on the increasing wealth of the country’s businessmen snapper. The total wealth of 40 employers that reaches the land snapper $ 39 billion or up 20 percent from last year worth $ 32 billion.
Ng Teng Fong noted a number of wealthy people in Singapore, with total wealth reached $ 8 billion or an increase of not less than $ 1 billion compared to last year.
Ranked third place Kuok Khoon Hong’s with a total wealth of $ 3, 5 billion, compared to last year soared to reach $ 2, 2 billion, fueled by rising stock prices of palm oil company Wilmar International, which reaches 70 percent.
Here’s 10 richest people in Singapore by Forbes Magazine:
1. Ng Teng Fong, worth $ 8 billion
2. Khoo Family, fortune $ 5, 5 billion
3. Kuok Khoon Hong, wealth $ 3, 5 billion
4. Kwee Brothers, wealth $ 3, 2 billion
5. Wee Cho Yaw, wealth $ 3, 1 billion
6. Zhong Sheng Jian, worth $ 2 billion
7. Peter Lim, worth $ 1, 5 billion
8. Kwek Leng Beng, worth $ 1, 2 billion
9. Lee Seng Wee%2
Tutut Sue MNC USD $ 3.4 Trillion
Portfolio March 2nd, 2010

- Siti Hardiyanti Rukmana alias Tutut, eldest daughter of the late former president Soeharto, to sue PT Blessing Work Together (BKB) and PT Sarana Rekatama Dynamics (SRD), two subsidiary of PT Media Nusantara Citra (MNC) worth Rp 3.4 trillion.
MNC accused had taken over Tutut shareholding in PT Televisi Pendidikan Indonesia unilaterally owned.
“Because there are oddities as takeover TPI by the defendant,” said Mbak Tutut’s attorney, Harry ponto before a civil trial in District Court, Central Jakarta, Jl Gajah Mada, Tuesday (2/2/2010).
According to the ponto, the singularity can be traced far backward, for example when a new management the results of March 17, 2005 EGM Sisminbakum rejected. Rejection was marked by a Sisminbakum notary not accessible.
At the same time, also held by PT EGM BKB game. The results, reported directly to Sisminbakum and accepted online. “It’s weird. Like there was something. Notarial we can not connect, turn BKB how come,” added ponto.
As a result, Human Rights recognizes Depkum TPI ownership in the hands BKB than Mbak Tutut. Consequently, Mbak Tutut lost nearly 75 percent of its shares. With this lawsuit, the court may ponto hoping TPI management to restore the status quo, ie the results March 17 EGM.
“Our claim to be returned to the status quo. It also claims the material and immaterial 1.4 trillion USD 2 trillion,” he said.
Faced with the lawsuit, PT BKB states unperturbed. Because, according to Andi’s attorney Simangunsong, PT BKB was never against the law. “No single act against the law,” said legal counsel PT BKB, Andi Simangunsong.
BEI Withdrawal Permit Brent Margin Securities Transactions
Portfolio February 8th, 2010
Indonesia Stock Exchange (IDX) has revoked the licenses of trade margins PT Brent Securities accounted February 1, 2010 for failing to fulfill the conditions set.
“With this we announce that the Exchange has revoked the licenses of trade margins calculated Securities Brent February 1, 2010,” said Director IDX, Ito Warsito in IDX information disclosure, Tuesday (2/2/2010).
Margin revocation is due to Brent Securities Exchange rate does not meet the conditions set margin-related transactions and short selling. With this revocation, Brent Automatic Securities can not participate in margin transactions and short selling.Malacanang Palace
Philippines – Cebu – Boracay – Baguio – Manila Philippines – Cebu – Boracay – Baguio – Manila
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Malacanang Palace in Manila is located on the banks of Pasig River in the Manila suburb of San Miguel. Malacanang Palace in Manila is located on the banks of Pasig River on the outskirts of Manila San Miguel. This palace is historic and was built in the 18th century by a Spanish noble called Don Luis Rocha. This historic palace built in the 18th century by a Spanish nobleman named Don Luis Rocha. The Malacanang Palace later became the official summer residence of the 18 Spanish Governors and thereafter 14 American civil Governors. Malacanang Palace became the official summer residence of the 18 Spanish governor and then governor of the American civil 14.
It was in the year of 1825 that Malacanang Palace was bought by the Spanish government and in 1937 became the official residence of the Philippine President. The Palace became popular as the home of President Ferdinand and Imelda Marcos, who became The Longest residents from 1965 to 1986, when the President Marcos was deposed and the palace was stormed by the local populace and the media. At the time of the year in 1825 that the Malacanang Palace was bought by the Spanish government and in 1937 became the official residence of President of the Philippines. The Palace has become popular as the home of President Ferdinand and Imelda Marcos, who is a resident of the longest from 1965 until 1986, when President Marcos was overthrown and the palace was attacked by local residents and the media.
The Malacanang Palace became the official residence of the Philippines president after the independence. Malacanang Palace became the official residence of President of the Philippines after independence. Today the Complex has the Malacanang Place, the Bonifacio Hall, Kalayaan Hall, Mabini Hall and the New Executive building. Today has Malacanang Place Complex, Bonifacio Hall, Kalayaan Hall, Mabini Hall and the New Executive building. One would find Malacanang Park across the river that has a golf course and the Commonwealth era presidential rest house. One will find Malacanang Park across the river which has a golf course and the Commonwealth era presidential rest house.
The architectural style of the Malacanang Presidential Palace in Manila has undergone several alterations since the last 150 years and has lost its original architectural merit. Architectural style of the Malacanang Presidential Palace in Manila has experienced several changes since the last 150 years and has lost its original architectural services. It is seen with arches, balconies, sliding windows and frills This was observed with an arch, balcony, frills and sliding window
The historical rooms of the Malacanang Palace are not accessible to the general public but it is now much better than what was during the Dictatorship. The historical rooms of the Malacanang Palace can not be accessed by the general public but is now much better than what was during the dictatorship. But not to be missed are the three chandeliers in the reception hall, the hardwood used for the Staircase, the portraits of the former Presidents and the music room and the palace museum that is open to the public. But not to be missed are the three chandeliers in the living room, wood used for the stairs, a portrait of former President and the music room and the palace museum open to the public.
The Mendiola Street near to the Palace is often the place for protests and rallies against the government. The Mendiola Street near the Palace is often a place for protests and rallies against the government.
AsiaRooms provides information Malacanang Palace, Manila and for further information check the other web links of AsiaRooms AsiaRooms provide information Malacanang Palace, Manila and for further information check the other web links AsiaRooms
Discover TPI bulging Bonds worth USD $ 1.6 Trillion
Portfolio January 8th, 2010

The power law of PT Cipta Televisi Pendidikan Indonesia (TPI) has found new evidence in the form of rupiah-denominated bonds and bulging U.S. dollars signed by the old management with a total value of Rp 1.6 trillion.
“The value is quite large, amounting to U.S. $ 170 million and Rp 45 billion,” said Attorney Moses Grafi of TPI Marthen Pongrekun and Assosiated, in a press release, Sunday (24.1.2010).
Moses explained, bonds consist of 170 pieces of mail each worth U.S. $ 1 million and 45 pieces of mail each worth Rp 1 billion. Assuming the exchange rate USD 9200 per dollar, the total value of bonds is bulging around Rp 1.6 trillion.
“The old management of the sign and extent of TPI does not get the result at all,” he said.
In addition, the TPI has the legal authority to enter or register the contract review memory (PK) of new TPI to the Central Jakarta Commercial Court today. “On the new findings, we have reported to the high court. It has just finished from there,” he explained.
The bulging securities, continued Moses, found in the files that slipped in the rest of the files remaining TPI management. “This file is found in the safe, after it emerged bankruptcy decision. So approximately between the months of November to December and then, this new evidence,” he explained.
Meanwhile, Moses says as many as five new lenders have entered the PK memory counter to Supreme Court (MA) through the Commercial Court Central Jakarta District Court.
All five companies that filed the counter-memory of PT Media Nusantara Citra Tbk (MNCN), PT Citra Prima Creative Reka, PT Focus Bali Internusa, PT Orange Audio Visual, and PT Anka Enterprise. “In addition to TPI, there are five other creditors,” he concluded.
Earlier Supreme Court panel of judges comprising the Chairman of the Panel Mappong Abdul Kadir, and two members Zaharuddin Home and Hatta Ali, related bankruptcy case granted PT Cipta TPI appeal from PT Cipta TPI on December 15, 2009 then.
In pertimbangnnya, Panel of Judges stated that the bankruptcy decision that had been severed by the District Court of Central Jakarta Commercial was not simple, while in principle in accordance with the provisions of the Bankruptcy Act that in handling bankruptcy cases should be simple proof. Thus, the decision of bankruptcy TPI canceled and no longer valid behavior





