I went to Phoon Huat, which is not far from my office, during lunch time to buy a pack of Wilton ready made fondant. Unfortunately Phoon Huat didn't have white fondant so I had to settle for another type of fondant which was important from South America, cost was under $7 for 500 gm.
I had previously bought a Wilton rose cutter set which I was planning to use on this project. Unfortunately the cutter did not succeed no matter how hard I tried - even following the instructions did not work. Maybe the fondant was too soft ... but I did add cornstarch! Anyway I came across a video clip from You-Tube on how to make fondant roses. You'll be amazed at the amount of things you can learn from You-Tube ..... a wonderful online library of information .. plus sometimes crap as well !
This is the end result .... still not perfect but it's a start. Just need to put in a bit more practise that's all!
This is the web link if anyone is interested to try this: