The Business Times, 14 December 1978
1978-12-14
1
18
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section10 1978-12-14 1 BUSINESS TIMES M.C.(P) No. 218/1/78 THURSDAY, DECEMBER 14,1178 50 CENTS10 words
-
BRIEFLY...
-
Article79 1978-12-14 1 AP BRUSSELS, Wed. The European Common Market, acting on a complaint by a private Belgian consumer, has fined Kawasaki Motors of Britain 100,000 European units of account for barring the export of its motorcycles from the United Kingdom, the EEC Executive Commission announced today. The Commission said Kawasaki'sAP - 79 words
-
Article89 1978-12-14 1 A senior official of the Malaysian Ministry of Transport yesterday said the dispute standing in the way of a new air services agreement between Singapore and Malaysia can be resolved if Singapore Airlines permits the use of the Airbus on the route. Tuan Haji Mohd Noor Hassan, the89 words
-
Article99 1978-12-14 1 UPI LONDON, Wed. California tax campaigner Howard Jarvis carried his tax-slashing crusade to Britain today and called on Britons, who are among the world's highest taxpayers, to "get the elected officials and bureaucrats off their backs" and to "get rid of the mirage of socialism." "ToUPI - 99 words
-
Article95 1978-12-14 1 AFP ABU DHABI, Wed.— Arab oil exporting countries today announced plans to roughly treble their refining capacity in the next 10 years. Mr. Ali Attiga, secretary-general of the Organisation of Arab Petroleum Exporting Countries (Oapec), which has just held a ministerial conference here, said the target was toAFP - 95 words
-
Article55 1978-12-14 1 AFP MANILA, Wed.— The components of an Asean automotive complementation programme could be changed if any proves unworkable, it was reported today. A Filipino industrialist said the Asean Automotive Federation council meeting in Singapore last month gave its technical committee "sufficient discretion" to substitute any project in theAFP - 55 words
-
Article66 1978-12-14 1 UPI NEW YORK, Wed.— Stocks struggled for direction early today as investors studied c&anges in President Carter's wage-price Sidelines and pondered the assessment of poor prospects for late 1979. The Dow Jones industrial average of 30 industrials fell 0.42 points to 814.53 in the first halfhour. Declines ledUPI - 66 words
-
-
Chief Price Changes
-
Article125 1978-12-14 1 Rises Most Active Sin Chew 326 10 S Darby 406.000 Nanyang Press 300 9 H Par 309.000 High Low 340 6 High Low 147,000 SEAL M Banking 130 615 6 5 K L Kepong 69.000 Nat Iron 570 5 Total Turnover: 2.58m C C 520 5 Total125 words
-
Article, Illustration152 1978-12-14 1 Falls Most Active Petaling 685 -65 S Darby 422.000 N Serendah 230 -15 Consplant 153.000 Tronoh 645 -15 H Par 101.000 M A A 160 -09 M Credit 63,000 Wearnes 280 -06 Sol Nut 298 -06 Total Turnover 1.61m C Sugars 242 -05 Total Value. MJ4.16m Sr152 words
-
-
Article1007 1978-12-14 1 ASST REGISTRAR STEPS IN THE Assistant Registrar of Companies has ruled that the Hong Leong Finance takeover offer for Singapore Finance dated Nov 29 is "objectionable as it fails to comply with Section 179 of the Companies Act." This is the first time in the history1,007 words
-
Article147 1978-12-14 1 STRAITS Steamship Co. has appointed Mr Alan F.C. Choe and Mr H. Kaiserasits company directors. Mr T.C. Wright has been appointed deputy chairman effective yesterday. The former general manager of the Urban Redevelopment Authority (URA), Mr Alan Choe, now a partner with Raglan Squire and147 words
-
660 1978-12-14 1 QUEK PECK LIM - By QUEK PECK LIM THE National Westminster Bank has clinched one of the best plums in the corporate loan market. In the face of fierce competition from more than 80 international banks, it will today sign a US$lOO million loan for Singapore Airlines. The660 words
-
Article, Illustration172 1978-12-14 1 KOREAN Rdamuee Ce (KRIC), MM ef Asia's largest tanren, h»i •pea a kraaek la Bbgapare. KRIC, Ike latest addltfea to Stogapere's drive to tewe a wglaail >■— eeatre, will ke keased at Oeeaa BalMtog. TV edlee to to ke declared epea ea Teesday ky172 words
-
511 1978-12-14 1 HAW Par Brothers International Ltd last night announced the appointment of multi-millionaire banker and business leader, Mr Wee Cho Yaw, chairman of the company. The board also confirmed the appointment of Mr Stacey Ellis as managing director of the conglomerate.511 words
-
Page 1 Advertisements
-
Advertisement123 1978-12-14 1 PEUGEOT EUROPE'S KING OF THE ROAO Peugeot is riding high these days. It is not only Europe's top auto manufacturer but also the fifth largest in the whole world. Not bad for a family concern! To make France the only country that can rival the motor industry of America and123 words
-
Advertisement69 1978-12-14 1 Lm4er..J*sge I SHIPPING TIMES SEKANGOON retail ksb to skapiag sp THE tome maker* tone 1b VIDEO termtaai charts lew FTM toa totoir to spare IRVING Trast wUse m talks to BT LETTER to editor. mmM MMHMM 7 FORUM wttk Qaek Peek Lim.... 7 SUPREME Csrp takes a ptsage 11 Aseaa69 words
-
Advertisement18 1978-12-14 1 (I Lwfcr... Page I AKAI A* m x\s <\^ e <<e<rcifr f Sf„^oto3>^ **.<**&>}!? i j Wmefm i A„ flßf! —>•18 words
-
TRADE AND INDUSTRY
-
212 1978-12-14 2 MALAYSIA Air Charter and the Merlin Samudra have concluded an agreement to provide scheduled and uninterrupted flights to the resort island of Palau Tioman. Under the terms of the agreement signed recently, MAC will fly from Subang direct to Tioman every Friday and return212 words
-
Article146 1978-12-14 2 COLLECTIVE farms in Isreal are very interested in trading with Asian countries especially the Asean countries which supply the rest of the world with raw materials and food produce. Mr. Mervyn Fine, Australian businessman, who arrived here yesterday after visiting a number of these farms146 words
-
Article, Illustration455 1978-12-14 2 IDEAL LOCATION Timber merchant Hong Huat Company, faced with gloomy projections for the timber market, has moved into property development. The company has a property arm, Hong Huat Development and two other business interests, Neo Trading Company and Hua Huat Engineering, that will455 words
-
Article146 1978-12-14 2 THE PHILIPPINES' industrial growth may be down to 5 per cent for this year or about half the planned fiveyear planned target, according to Manila's Centre of Research and Communication. Its executive director Jesus Estanislao told a private sector briefing on Tuesday there were several weaknesses in the146 words
-
Article210 1978-12-14 2 CITICORP Asia-Pacific has announced the appointment of Mr. DmuM Ehrett, 32. Singapore-based program manager for the firm's inspection activities from Bombay to Brunei, as a vice-president last month. Mr. Ehrett joined the comptrollers division of Citibank in 1972 as a trainee with the Asia-Pacific travelling inspection team210 words
-
Article232 1978-12-14 2 MOST Felda (Federal Land Development Authority) settlers in Malaysia are in the income tax paying bracket. Those with rubber holdings of between 3.3 hactares and 4.2 ha earn net incomes of between MS4OO and Ms6oo a month while those with palm oil holdings earn between232 words
-
196 1978-12-14 2 AFP A VISITING ministerial delegation from Australia's Northern Territorry has expressed interest in working with Malaysia to upgrade the quality and increase the number of cattle in Malaysia. An official of the territory's Industrial Department Mr. Cloyd Adam said Malaysia may also import more cattleAFP - 196 words
-
Article733 1978-12-14 2 THE FORMATION of a Public Transport Corporation is being suggested by an expatriate engineer who has submitted, on his own initative, an outline plan for the re-organisation of public transport in Kuala Lumpur, Petaling Jaya, Batu Tiga and Klang. The expatriate, who declined to be named,733 words
-
158 1978-12-14 2 AFP THE Phlllppiaes has more thaa 2M.MC teaaeo sf rice available for expert, la spite of the exteaslve damage wnaght by a series si typhiim this year, agriealtare officials reported yesterday. Agrtealtare Mislater Mlgael Zssa said la a published statement that the imssat cameAFP - 158 words
-
313 1978-12-14 2 FURNITURE manufacturers and furnishing companies will make a concerted sales pitch to international buyers at the Homemakers' 79. in April. Homemakers' 79, an exhibition of furniture, furnishings and electrical appliances, has already met with good response from the market. To date, 70 exhibitors from Singapore313 words
-
Article333 1978-12-14 2 COURSES AND TALKS Oct 16-Dec 18 (every Monday): A detailed study of reinsurance and its role in the conduct of insurance business, SITC, SITC. Nov 6-Jan 27: Life insurance agents certificate course (English and Chinese), SITC, SITC Feb 12-13: Finance for nonfinancial managers, Ming Court, Price Waterhouse Feb333 words
-
Article131 1978-12-14 3 MlSOPunccu Tankers, a subsidiary of the Malaysian International Shipping Corporation, was awarded a twoyear contract by the Malaysian Oil Palm Growers' Caoacll far carrying erode palm ail ta Europe. The agreement, signed «n Tuesday, starts next month. About SN,W tons of erode palm131 words
-
385 1978-12-14 3 UPI Reuter CHINA has contracted to buy between 1.5 and 2 million tons of cement from Japan during the 1979 calendar year, a spokesman for the Japan Cement Exporters Cooperation Committee said. It will be the largest quantity of cement JapanUPI; Reuter - 385 words
-
Article79 1978-12-14 3 UPI SIX LEADING Japanese metal makers have informed Australia's aluminium refiner, Comaleo, of their plan to construct a huge aluminium refining plant in Glad Stone. Industry sources in Tokyo said""yesterday that the Japanese companies are Kobe Steel, Sumitomo Light Metal Industries, Sumitomo Aluminium, the Mitsubishi groupUPI - 79 words
-
397 1978-12-14 3 WHILE Singapore manufacturers are generally short of labour, a local company is instead offering its excess manpower for sub-contract work. FTM Agencies, run by three brothers, started off in January 1976, doing sub-con-tract work for a locallybased European manufacturer of fish hooks. It has since397 words
-
Article382 1978-12-14 3 THE Pahang Tenggara Development Authority (Dara) and the Lam Soon Oil and Soap Manufacturing Sdn Bhd yesterday signed a joint venture agreement to develop a cocoa plantation and orchard project in Pahang. The agreement will empower Dara and the Lam Soon to set up382 words
-
Article, Illustration167 1978-12-14 3 SOI'TH-EAST Asia's early cultural and trading ties with Brazil were remembered in a quiet moment in the Singapore Botanic Gardens yesterday. The secretary to the Brazilian Ministry of External Relations, Mr. Renan Paes Barrets, (right in pic*nd p rto K" p se-h»rn R167 words
-
206 1978-12-14 3 AFP TWO FIRMS, one French and the other Japanese, will start drilling next month off Palawan Province where oil was reportedly discovered last week. Companie Francaise des Petroles (Total) and the International Petroleum Exploration (Inpex) of Tokyo announced that they are still looking forAFP - 206 words
-
Article39 1978-12-14 3 THE United States one of the world's biggest wine importers, wants to increase its own exports, particularly to the tricky European market, trade sources said in Washington. Last year's exports were a mere US$B.3 million (5518.6 million).39 words
-
Article46 1978-12-14 3 A FIVE-DAY exhibition featuring the items produced by participants of the Top of the Trade competitions will be opened by Dr Ahmad Mattar on Tuesday. The exhibition, organised by the Science Council of Singapore will be held at the ground floor of Lucky Plaza.46 words
-
Article, Illustration215 1978-12-14 3 COLIN CHEE - By COLIN CHEE A NEW SERIES sf l««-cwt etmpatera that produce graphs m their vide* termiuli bmw ea sale In Singapore aad Malaysia. America's Tektraalx lac. has Jut started U market Its pradacts thraagh ageats Mechaaical aad Cambaatlaa Eagiaeeriag Campaay Pte. At prices raaglag frem $11,NC ta215 words
-
151 1978-12-14 3 TRADERS and freight forwarders will have to enter the 1979 CCCN commodity codes in inward and outward declarations, and import licences submitted to the Imports and Exports Office from Dec 21. In addition, they are to fill in the country and unit of quantity code151 words
-
Article56 1978-12-14 3 The operations centre in the Malaysian Prime Minister's Department in Kuala Lumpur will be equipped with a information display system worth half a million dollars. It is specially designed and supplied by Britain's EMI Sound and Vision Equipment. The system will help in the monitoring56 words
-
149 1978-12-14 3 SINGAPORE'S two millionth visitor is expected between Dec 21 and 23. The Singapore Tourist Promotion Board has a string of pleasant surprises for the visitor. He will be welcomed by four lions prancing to the rhythm of drum and cymbals. His arrival149 words
-
Article28 1978-12-14 3 THAI tin exports in September increased to 1,602 tonnes metal from 1,102 tonnes during the previous month and compared with last September's 1,095 tonnes.28 words
-
Article139 1978-12-14 3 PRODUCTION at a Malaysian battery manufacturing firm has been saved by its sister company in Britain. Chloride Malaysia was hit by drought and had no water for machine cooling and no steam to operate its presses. Emergency stocks of battery lids and containers slipped so139 words
-
-
Page 2 Advertisements
-
Advertisement116 1978-12-14 2 >// /jfy Oh, come with old Khayyam, and leave the Wise To talk; one thing it certain, that Life flies; One thing is certain, and the Rest is Lies The Flower that once has blown for ever dies. Bois car tu dormiras sous terre des annees Loin de tes compagnons116 words
-
-
Page 2 Miscellaneous
-
Miscellaneous589 1978-12-14 2 II m CROSSWORD CRYPTIC PUZZLE ACROSS 4 Check out the dog as being safe (6) 7 Non-alcoholic drink, we hear, is everything! (8) 8 Where, in Portugal, there's nothing left but love 10 Show no respect for a noisy lout (5) 13 Genuine coin (4) 14 Plant life halved by589 words
-
-
Page 3 Advertisements
-
Advertisement293 1978-12-14 3 Pakistan International Airlines flies to Tokyo and eleven other cities in the Orient. From Singapore. Pakistan International flies to Karachi, Colombo and Kuala Lumpur. And can arrange to fly you to Bangkok for Pakistan International connections to Manila and Tokyo. Pakistan International's Orient includes Bangkok. Bombay. Colombo. Dacca. Delhi. Karachi.293 words
-
-
RAW MATERIALS
-
Article440 1978-12-14 4 THE Singapore rubber market yesterday closed slightly lower with January One RSS buyers quoted at 234.00 cents per kilo, down 0.25 cent from Tuesday's close, dealers said. The morning session closed slightly lower, with January One RSS buyers quoted at 234.00 cents per kilo, down 0.25440 words
-
Article29 1978-12-14 4 Rubber; Dec 13 Singapore: January: 234.00 cents (down 0.25 cent) Malaysia: January: 235.75 (up 0.25 cent) Tin: $1,630 (up $20) Official offering: 152 tonnes (down 44 tonnes)29 words
-
Article348 1978-12-14 4 Prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int 1 R.S.S prompt f.o.b. 234.00 235.00N 233.00 234.00N Int. 1 R.S.S. Jan 235.25 235.50 234.00 234.50 Int. 1 R.S.S. Feb 237.75 238.00 236.50 237.00 Int. 2 R.S.S. 233.50 234.SON 232.25 233.25N348 words
-
Article98 1978-12-14 4 NOON SSR and SMR prices yesterday: KAS JM Mmry (Curat MU) (FknriNtt) ■■yen oTUcTI Bayen Seller* SSR 20 (1-lon pallet) (ecata per kg) 238.50 238. SON <« 237.50 eataperkg) 239.50N SSR 50 (1-ton pallet) 233.50 235.50N 234.50 236 50N MRKLB SMR 5CV (1-ton pallet) 249.50 251.50N 25098 words
-
Article191 1978-12-14 4 BANGKOK rice prices were quoted as follows yesterday: <In US dollars per tonne P. 0.8. basis Bangkok) WMte rice: 100 pet Ist class 336. 100 pet 2nd class 320. 100 pet 3rd class 315. 5 pet 308. 10 pet 290. 15 pet 280. 20 pet 275, 25 pet 270,191 words
-
Article257 1978-12-14 4 RAW sugar futures in London yesterday morning opened £1.10 to £1.40 per tonne below Tuesday afternoon's closing levels in a turnover of 606 lots. Tuesday night's easier kerb trend continued with trade selling finding buyers rather reserved. Dealers said the market was rather nervous in front of yestetday's EEC257 words
-
Article286 1978-12-14 4 ALL was quiet again on the Singapore produce market yesterday, and prices closed generally unchanged. Dealers said 300 tons of copra arrived. Copra and coconut oil continued to see another day of listless trading. Coffee prices still tend to go easier and dealers said quieter trading days are286 words
-
Article149 1978-12-14 4 SUGAR futures trading in Hongkong yesterday remained quiet, with eight lots traded against two on Tuesday, dealers said. March closed at US 8.94/ 9.00 cents against Tuesday's 8.90/9.30 close and July at 9.35/50 against 9.20/60. Sugar futures closing prices: Ctatag Pnvlni CM« Jan 8.00/8.36 830 8.50 Mch 8149 words
-
Article188 1978-12-14 4 YARN and cotton in Hongkong dollars. spot ex-godown: Cattaa yam: China Blue Phoenix 20a 2,2(0, 32s 2J00; «k 3,000 (per bale of 400 lbs). Mm* gaaSs: China Butterfly and Globe brand unq; Dragon Head unq; Five Lamba unq; Flower and Butterfly unq; Flying Geeae unq (per piece 30188 words
-
Article448 1978-12-14 4 ROBUSTA futures ended an active and extended opening call irregular in London yesterday morning, with across the board losses from Tuesday night ranging from £103 in the spot January position to £40 in new November. Turnover was 4,794 lots and was believed to be a record high for an448 words
-
Article353 1978-12-14 4 TERMINAL cocoa gained £7.50 to £1 per tonne against New York at the opening in London yesterday morning. The rise extended in light post-call trading on mixed short-covering support. Dealers said the recent steady decline from endNovember contract peaks, incorporating substantial outsider liquidation had produced something of an oversold353 words
-
Article255 1978-12-14 4 THE Straits tin price in Penang yesterday recovered MJ2O per picul to $1,830, $130 above the International Tin Agreement ceiling, dealers said. Strong buying from Japan, the US and from local buyers, encouraged by the firmer London closing on Tuesday night moved the market higher. The rise also255 words
-
Article60 1978-12-14 4 LEAD in London yesterday morning lost £5.75 for cash and £5 (or three months. The early pre-market declined under further liquidation and chart selling down to £399 for three months before short-covering steadied the position to £402 at the end of ring dealings. Freer offers of narrowed the backwardation60 words
-
Article69 1978-12-14 4 ZINC finished the morning up £3.5 for cash and £2.5 for three months in London yesterday morning. Dealers said the market was well maintained as apparent support from producer interests took prices up from earlier premarket lower levels. Three months traded up to £359 in the ring compared with69 words
-
Article45 1978-12-14 4 ALUMINIUM gained 3.5 for three months which touched a new record trading high of £627 per tonne. Dealers attributed firmness to modest buying encouraged by the trend in most other metals and a relatively tight nearby position. Turnover of 3,600 tonnes was mainly carries.45 words
-
Article98 1978-12-14 4 WHEAT futures closed 3/4 lo 2-1/4 cents a bushel lower except in the March, which ended a shade higher in Chocago on Tuesday. Losses were trimmed several cents near the close by active local short-cover-ing. Analysts said wheat, which on Tuesday led other pits in moving lower, seemed on98 words
-
Article92 1978-12-14 4 SOYBEAN oil futures closed up 0.21 to 0.40 cents a lb, near the session's highs, after taking direction from a late rally in soybeans IN Chicago on Tuesday. Nearby meal futures also firmed towards the close, gaining 10.90 to |0.40 a ton, while back months shaved losses and closed92 words
-
Article67 1978-12-14 4 C.I.F. North European poru. in U8 dollar* per ton unless otherwise stated LONDON. Malaysian 5*ff» bulk per tonne Tues Previous January unq unq SOOalr February unch Sumatra 5* f fa bulk December flOQsir OOSalr aooalr January unch February MBalr 597 JO M6alr March unch Nigeria 5* It a67 words
-
Article426 1978-12-14 4 GOLD futures closed generally easier in Singapore yesterday following the weaker trend in Hongkong, dealers said. Trading was very quiet and turnover was reduced to 38 lots compared with 43 lots on Tuesday and 122 lots on Monday. Interest was again centred on February contract with some activity on426 words
-
MONEY AND EXCHANGE$
-
Article445 1978-12-14 4 THE US dollar was traded on firmer grounds on the foreign exchange market yesterday to close stronger against major currencies. Dealers believed that central bank support was responsible for the dollar's strengthening. Opening at 196.30/40 against the yen, the US dollar rose to 196.80/90 by lunchtime. But the445 words
-
Article180 1978-12-14 4 Asian rates ASIAN currency deposit Interbank rates as at close on Dec 13 U8 Dollar*(Spot) Offer BM 7 days 11 Vl« 11 13/10 1 month 10 1/16 9 15/16 2 months 109/16 107/16 3 months 111/16 101S/16 6 months 11*. u<. 9 months 117/16 115/16 12 months 117/16 115/16 l180 words
-
Article54 1978-12-14 4 AUSTRALIA/NZ exchanges quotes yesterday: US ***** 11X1 Stvrliaf 03*12 0.57(4 Ninety-day air mail buying rales: SirrUaf ***** US doilara I 1013 Ninety-day forward buying rale*. SUrhof ***** US doUart 1 143J New Zealand Slrrlinj 0 3300 OMB US dollar ***** 1 0470 Ninety-day air mail buying rates: Stfrttif 054 words
-
Article21 1978-12-14 4 THE average rate ai which Singapore banks are currently prepared to lend to their best customers is 7.5 per cent.21 words
-
Article52 1978-12-14 4 Ru|t of pr •ices offered by discouat bom tea oa Dec 13: Overaifkt 3t*4<.% Call deposit* 4 to4'.« fliiin Beyiaf Sclliac 3 month Treasury bills 41/16 315/16 3 month Bank bills 7 3/16 71/16 3 month CD 7 9/16 7 7/16 8 month CD 7'. 7*. Source: National Discount52 words
-
Article44 1978-12-14 4 FRANKFURT exchanges opening quotes yesterday: US ***** ft Can 1(100 IdO Stx 3 750 7ft DTI K. 22 37 Sir 112.8 ft Lit 1251 «1 Ffr 43 40 SO Nkr 37.13 ft Bfr con 315 325 Bfr fin (230 0270 Yen ***** 0.071044 words
-
Article164 1978-12-14 4 THE dollar firmed in London yesterday on apparent European central bank support after opening little changed against most currencies. Dealers said there were no new factors in the market. The dollar rose to 1.9080/90 marks after opening at 1.9047/57 compared with an overnight 1.9048/58. Sterling fell to $1.9675/85 from164 words
-
Article303 1978-12-14 4 THE dollar in New York on Tuesday ended firmer from Monday's closing levels but relatively little changed from the day's opening in generally thin trading, dealers said. They said the currency was bolstered by apparent heavy central bank intervention in Europe earlier on Tuesday and by intervention by303 words
-
Article55 1978-12-14 4 ZURICH exchanges closing quotes on Dec 12: .1 US 1 01MSS Stg 3 3310-3352 Can 1.4357-4375 Dmk 88 7973-9228 Dfl 81.8741-MM Ffr 38 6006-6789 Bfr 5 COSMIC a Dkr *****1-9675 Nkr 33 0086-0606 Skr 38 2191 2418 Lit 01M8-2000 Au* acti IT 1197-1391 Part 3 6065-6320 Spain 2 3723-376855 words
-
Article136 1978-12-14 4 THE US dollar for overnight delivery in Tokyo yesterday closed firmer at 196.90 yen, compared with a 196.70 opening and 194.85 at Tuesday's close, dealers said. The US currency strengthened further in moderate late trading after a firm start on increased dollar buying by both foreign and Japanese banks136 words
-
Article130 1978-12-14 4 THE US dollar was quoted above the day's lows in late trading in Hongkong yesterday, but below New York's overnight closing levels, dealers said. Business volume was relatively small with the US currency traded at 196.60/75 yen against an earlier 196.15/25 and New York's 196.65/80. It firmed narrowly to130 words
-
Article43 1978-12-14 4 THE MONETARY Authority of Singapore has invited banks and discount houses to tender for a total of $30 million 91-day Treasury trills to be issued from Dec 18 to Dec 22. Each tender must not be for less than $250,000.43 words
-
-
Article217 1978-12-14 4 COPPER wirebars finished the morning up £5 (or cash and £4 for thnw months in London yesterday. Dealers said the early pre-market advanced from £792 up to £796 under fresh speculative and chart buying with values in the ring aided by nearby pricing operations. Three months traded up to217 words
-
Article191 1978-12-14 4 SILVER closed up 1.1 to 1.0 pence in London yesterday morning. Prices hardened at the outset of the pre- market aided by the recovery in gold. Prices subsequently fluctuated narrowly in thin trading with only 18 lots changing hands in the ring. On Tuesday, silver on the the LME191 words
-
-
Page 4 Advertisements
-
Advertisement144 1978-12-14 4 rJuinU Study with the g|W||r UNIVERSITY PREPARATORY SCHOOL f™ I TORONTO, ONTARIO #UPS specialises in preparing overseas students for Grade 12 and 13 Examinations leading to entry to Universities and Colleges in Canada and USA. UPS is registered with the Ontario Ministry of Education and its Credit and Diploma courses144 words
-
-
OVERSEAS
-
Article175 1978-12-14 5 AP BAUDI AraUa aad Kb"'"wait have aa pbua ta laereaae erade all pvadaettaa ta Meet aay world "Cartage eaaaed hy dlaar- -dare la Iraa. >"• A Saadl aewpapti Al"'•"Jadrah 4aated aaareea la ■«the Saadl aad KawaM deiegaOeaa ta Opee's anal aaamal meetlag la ,w Aha DhahiAP - 175 words
-
Article, Illustration625 1978-12-14 5 Reuter ARAB OIL exporters agreed on Tuesday to establish a high-level committee to consider ways to increase their share of the world petroleum refining industry, particularly at the expense of Western Europe. In a communique after a one-day meeting, the Organisation of ArabReuter - 625 words
-
Article113 1978-12-14 5 SWITZERLAND'S gross national product is expected to show a real growth of one per cent next year, according to Union Bank of Switzerland. The economy will probalby show a slight downturn in the first six months, but a recovery should be seen in the second half, aided113 words
-
WORLD IN BRIEF
-
Article548 1978-12-14 5 Agencies LOANS concluded by the Thai government with international finance institutions at the end of August totalled US$l.35 billion (5J2.97 billion) compared with 1955 million at the end of last August. Disclosing this, a Finance Ministry source said this year's loans comprised (579 million for direct loansAgencies - 548 words
-
-
756 1978-12-14 5 Reuter NEXT YEARS interest rates, as measured by the prime rate and long-term taxable bond yields, should exceed the record levels of 1974-75 during 1979, according to Salomon Brothers. Salomon's annual report on the outlook for financial markets, prepared by Kaufman, James McKeonReuter - 756 words
-
210 1978-12-14 5 MITSUBISHI Bank said surplus liquidity is increasing in Japan and may touch off inflation if bottlenecks emerge in land and some materials despite a general gap between demand and supply. Surplus liquidity is measured in terms of money supply increase in excess of210 words
-
Article55 1978-12-14 5 ADOPTION of the new European currency unit as a European parallel currency should enable the US to denominate some of its foreign borrowings in ECU's, monetary expert Robert Triffin said. "Financially, this would expose us to smaller risks of exchange losses than a denomination in marks or55 words
-
Article348 1978-12-14 5 REDUCED gold bullion supply in recent months has cushioned the metal's price fall against bearish sentiment arising out of large and unprecedented auction offerings, analysts and dealers in London said. One major factor is the growth of South African krugerrand exports which reached a record monthly348 words
-
915 1978-12-14 5 NYT IN A final effort to save Cleveland from fiscal default, Mayor Dennis Kucinich outlined a sweeping fiscal rescue proposal to bankers on Tuesday calling for an income tax increase and a multimillion-dollar bond issue. In doing so, he hoped to persuade the bankersNYT - 915 words
-
Article726 1978-12-14 5 ARRIVALS Service Local Operator Number Tine From MAS MH601 0700 KUL MAS MH682 0725 KCH SIA SQ101 0815 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL CPA CX710 1006 HLP RBA BI323 1030 BWN MAS MH671 0M5 PEN/KUL GIA GA980 1030 HLP MAS MH605 1045 KUL726 words
-
Article142 1978-12-14 5 AMERICAN President Carter said his administration favours improved trade relations with the Soviet Union and China. However, to accomplish that goal, overall relationships must be established with the two communist powers and US security restraints also must be considered when "high technology" items are involved. "We have142 words
-
-
Page 5 Advertisements
-
Advertisement152 1978-12-14 5 What profits have you made on your investments this year? Aurape Annual Return (AAR) Dec 1977 June 1978 Sources of the Data Gold based on the London fixing Silver based on New York spot prices Total Return of Common Stocks Standard Poor's Composite Index Diamonds based on finest quality brilliant-cut152 words
-
-
Article377 1978-12-14 6 THE REGISTRAR of Companies, acting through his assistant, has taken a positive step towanis the interpretation and implementation of takeover practice in the light of the Companies Act. While his action may at first sight appear to be a disincentive to merchant bankers and377 words
-
238 1978-12-14 6 THE APPOINTMENT of Mr Wee Cho Yaw as chairman of Haw Par Brothers International raises a question particularly applicable to Singapore companies: Can one man head many corporations effectively? Mr Wee, 49, is already the chief executive of the most aggressive of Singapore banks, the238 words
-
Article, Illustration572 1978-12-14 6 UPI FINE weather, better geverameat ui iiiaariin deeee ef fanip aid have pilled the still ImpevMMwi ntlii ef naagladfab a kit farther (rem taeniae's deer, at least fer a while. The fiscal year that eaded Jue St was the best for naafladfeh since it becameUPI - 572 words
-
Article, Illustration1135 1978-12-14 6 Edwin Schoenborn is executive vice president of one of New York's biggest banks. As chairman of the credit committee of Irving Trust Company, he oversees the bank's credit and lending policies. Last week, during a two-week visit to branches in Asia, he paused long enough to answer1,135 words
-
Page 6 Advertisements
-
Advertisement153 1978-12-14 6 Jt tw i rv f»' t :-r- r'. 1 I si j ik: LA o 'c 'Future Cenc ratlon' HenkeUTrocken The award-winning sparkling wine from Germany. Another quality product from Hotel Royal-RAMAM Newlon Road. Singapore 11, Republic of Singapore Telephone ***** 1, Telex: RS-***** Cables HOTELROYAL Mippet^s Indonesian set lunch153 words
-
Advertisement18 1978-12-14 6 EXECUTIVE CHEF: LEO WALDMEIER. MAITRE D'HOTEL: WILLIAM TAN. SINGAPORE HILTON 2ND FLOOR For reservations ring *****3 extn 253618 words
-
-
Page 6 Miscellaneous
-
Miscellaneous60 1978-12-14 6 OUTLOOK for Singapore from 6 a.m. to noon today: Occasional showers. Bepart for 24 tours prior to 7JI p.m. m Dee 13 at the airport: Maximum temperature 29.6 C Associated humidity 77 Minimum temperature 23.8 C Associated humidity 96 Hours of sunshine 6.50 Rainfall in millimetres Trace Total rainfall fa-60 words
-
Miscellaneous291 1978-12-14 6 SINGAPORE 5 3.00 Opening followed by Trail of the 7.00 Lemmings* 7.30 3.30 Diary of Events (Chinese)* 7.45 3.35 Home Sweet Home with English subtitles (Repeat)* g 4.25 Intermission 900 6.05 Opening followed by What's my 930 Line 10.00 6.30 News in Brief* 10.35 6.35 Outline History of Europe (Re-291 words
-
-
Article, Illustration907 1978-12-14 7 TIMES HAVE CHANGED NYT FOR the first time in postwar Japan, corporate profits are growing fatter on declining sales. It may be too early to tell, but business analysts see the healthier profit margins as part of a new, timely and very un-JapaneseNYT - 907 words
-
Article316 1978-12-14 7 <A COMPANY sent out invitations to various clients Asking them to spend an -evening on board a boat for ja "moonlight" party. The "programme was very well- planned and elaborate, but ended with an item that showed the company's true feelings towards their hangers-on for the316 words
-
Article298 1978-12-14 7 Letter to the Editor Dsarar, I READ in your paper the article "Exchange bombards Morgan with questions" (Dec 5) and Morgan Grenfell's reply (Dec 8). I am not a shareholder of Hong Leoog, or a shareholder of United Overseas Bank or of Singapore Finance. I am not298 words
-
Article796 1978-12-14 7 Quek Peck Lim - (FORUM, r ...with Quek Peck Lim WITH the festive season Just about to begin, Christinas round the corner and Chinese New Year just a little behind, gift giving, eating and merrymaking are sure to dominate all thoughts in the days to came. Yet, like an796 words
-
Page 7 Advertisements
-
Advertisement256 1978-12-14 7 4 I i a MU W. m rw k wm. m »r-t 9 L t Ml p-* (TjSam i r HOTEL MALAYSIA' 40 Cuscaden Road, Singapore 9 Tel: *****1 THE MANDARIN SINGAPORE 333 Orchard Road. Singapore 9 Tel: *****1 THE MARCO POLO Tanglin Circus, Singapore 10 Tel: *****1 HOTEL MERLIN256 words
-
Advertisement75 1978-12-14 7 ORCHID INN 214 Duneam Road. Singapore I Td *****2 HOTEL PHOtNIX SINGAPORE Orchard/Somerset RoadC Singapore 9 Tel: *****6 PENINSULA HOTEL Coleman Street. Singapore 6 Tel: *****1 RAM-LES HOTtL 1-3 Beach Road. Singapore 7 Tel: *****1/ ***** SHANGRI-LA HOTkL 22 Orange Grove Road. Singapore 10 I el: *****4 SINGAPURA KORI/M HOTtL75 words
-
-
Page 7 Miscellaneous
-
INTERNATIONAL STOCK MARKETS
-
Article521 1978-12-14 8 TOKYO Source: Daiwa Securities MEDIUM-SIZED blue chips and large-capital stocks were bought again yesterday afternoon, although some pharma—ceutical and light-electrical issues opened lower in the '"morning, reflecting Tuesday's bearish mood. Turnover was relatively heavy, compared with 346 million shares on Tuesday. In the morning session spinningSource: Daiwa Securities - 521 words
-
Article216 1978-12-14 8 Dec 11 Baht Bank of Asia 290 +2 Bangkok Bank 412 ♦3 Bank or Ayudhaya Ltd 284 14 Bangkok Metropolitan Bank 1,322 784 La em Thong Bank unq Thai Commercial Bank unq Thai Danu Bank unq Thai Farmers Bank 384 +24 LTnton Bank of Thailand unq Industrial Flnanc Corp216 words
-
Article101 1978-12-14 8 DEC 13 Pesoa Acoje Mining AUtl Con. A AUu Con. B. BaguJo Oold Benruet Con. B BF Goodrich JM1 m I7JD Oil TtJS 2U0 -0 0006 -4U unch 0-5 unch CDCP 0.3 Inco B. Landoll LepanCo B. Marlnduque B Meralco Orient*] A Oriental B Phil Overseaa Phllex A 1101 words
-
Article366 1978-12-14 8 Source: FM SHK Sec Ltd PRICES continued to fall In the morning session yesterday and the index was down 12 points by lunch time. Continued uncertainty ahead of the Opec meeting, added to the escalating China-Vietnam border situation, caused investors to remain wary. As a result, turnover was thinSource: FM SHK Sec Ltd - 366 words
-
Article62 1978-12-14 8 FINANCIAL TIMES INDUSTRIALS Tuesday 485 4 Monday 482.3 Week Ago 48&2 DOW JONES AVERAGE INDUSTRIALS Tuesday 814.97 Monday 817.88 Week ago 820.51 LONDON DOLLAR PREMIUM Tuesday BOW to 81 Monday 82% to 83H H.K.HANG 8ENG Wednesday 503.11 Tuesday ***** Week ago 525.08 SYDNEY INDUSTRIALS Wednesday 458.25 Tuesday 458.2862 words
-
Article1042 1978-12-14 8 NEW YORK STOCKS finished broadly lower in light trading aa a bearish forecast about interest rates and inflation triggered some after selling on Tuesday. However, there was no follow through on the decline and the market recovered some of its lost ground before the close. It1,042 words
-
Article367 1978-12-14 8 BHP was firm in an otherwise generally dull market yesterday. rising 8 cents in light trading to $8.96, dealers said. Oil stocks were generally lower, although Ampol rose 4 cents to 11.35, and uraniums also eased, with Pan-Continen-tal losing 30 to $9.60, Peko 8 to $5.46 and Kathleen 2367 words
-
Article299 1978-12-14 8 EUROPEAN MARKETS SHARE prices continued narrowly mixed with an easier bias on Tuesday. Dealers said, however, among Industrials Saurer bearer and registered were again active and pasted strong gains on sustained speculative demand. OgaGeigy and Sandos were steady In chemicals, while weaker issues in foods included Hero,299 words
-
Article151 1978-12-14 8 DEC ACtfc liM rr r anca 1 HD uncb A1 p. r f A1 ■fB Bi 01 1 W ri 1 r Ctba Oalgr Ciba Oalf* Br. Clba OMo Cradlt Suiaa n f unch M 10 -M 1 unch Htro Br n SO -SO p^mJ1(4 rts H -S I151 words
-
Article161 1978-12-14 8 DEC 12 Pit ABM Abotd nuo 100J0 1 -0J Akao AlOV Amtu Amrot Bank Berjo. Bod BorsumU 2Ut OOJO 104.00 T5J0 5110 coo M .40 147 JO +•.1 0.4 0J ♦0J uneh unch 04 Burtunann Byankorf CaJw D«M Dtll mj Ennla T1J0 40-00 •1J unch 143J0 121 JO *****161 words
-
Article282 1978-12-14 8 DEC U 1 Ul td T* Oatt iiao IS T«y£ MB n uncb inUUH 1 K1AL tin BtMl M uncb A Alpha is i Unleec WooJ worth MINING! 1U as 1 Abcrcom AC Ann m amr 210 1110 unch uncb a uncb Mi 1 Anfkx i Anctraal Beffeli So"282 words
-
Article1555 1978-12-14 8 On December 12 CHICAGO Board Options Exchange volume esed to 81,875 contracts from 92,638 on Monday. OPTION JAN APL JNE 8TOCK Alcoa 40 8 3/0 UNTRD NOL 401/4 AlCO 46 4 3/8 5V4 73/0 401/4 Alcoa SO 1 3/8 31/2 41/2 401/4 Alcoa 00 UNTRD UNTRD UNTRD1,555 words
-
Article194 1978-12-14 8 DSC U m CORBEILLE Air-Liquid* ISM Otrnk DUMH C 8 f (ThomsonCM rnncaiae dee P»irole» CoapMMi nninrtan 570 JMJO ♦a >u 14t.lt -LI Comncnk OtMTtlt VMrUr at -0J V. 1 Will rvuCNi D* Franc* 445 •u lUciMlU Mlchelln tuo ua^ -62 •H KM -0J P*unoi Philips (N? Own 4H194 words
-
Article190 1978-12-14 8 •1J0 unch III! ir 1 sue 7KL00 •1 4-19 Alia Vara UUI nut 1 vn» uw -U BMW 2MJG Ml JO mm unch I».- IBHHHHM mm unch □almlar-Bana □afuaaa mm MM tition +«J -0.1 DruudM Bank Draadnar Bank Dt Tasaco Dyckarftoft 8T A U0J0 Ml SO mm IT*JO 0J190 words
-
Article324 1978-12-14 8 SHARE prices closed lower In active trading on Tuesday. In line with US market trends. The composite index (ell 3.8, with losses outnumbering gains 271 to 161 The gold index dropped almost 38 paints as Dome Mines fell 2-Vi to 85-Vi, Campbell Red Lake two to 34-Vi and Camflo324 words
-
Article79 1978-12-14 8 DRU m FORWARD MARKET ACtC MD uiwh Art—1 A mtiir tlSO is Braaema 440 ■ni-Uiit n 4 1 4 •3 1 1 ID M li 10 JO ssr M at 4 D» »««r» Kjl E rH Ryl Dutch Sldro Boc 0*n Bd| m -i 2 10 IS Kh Sohni79 words
-
Article76 1978-12-14 8 Ante Aaaoc Oan Can trait sua *13 Ml >5 Plat -a P a ii mis -os 7X30 IS am is ***** -190 WO unch 31* -S MM -10-5 ZZ2 -J MM +M0 h iii ip—i IM0 -IS M M otta Bkt 1M oim art oim ph PlraUl K c76 words
-
-
Page 8 Advertisements
-
Advertisement75 1978-12-14 8 GUNTRUM V' •.V V y v: i X, X <\y Qualitatswein •t-y ••••vRheinhessen Niersteiner Gutes Domtal White Quality Win* Net Contents 0.70 L. Ale. 8.1 Vol. A. P. Nr. 4 907 167 320 76 liap. by I Jardtno Sandilands (Singapore) Pt« ltd.. Sandilands Maw. 100 C Paalr Panfang Road. Singapore75 words
-
-
INTERNATIONAL COMPANY NEWS
-
180 1978-12-14 9 Reuter CARRIER and the US Justice Department will appeal the Nov 30 federal district court decision denying a preliminary injunction sought by the government and Carrier to block a takeover by United Technologies. The US Court of Appeals in New YorkReuter - 180 words
-
Article148 1978-12-14 9 Reuter BANK FUR Gemeinwirtschaft Finance is to raise USSIOO million through a floating rate note issue, due 1989, on the Eurobond market. Bank Fur Gemeinwirtschaft Ag said in a statement issued in London that the notes will be secured by a deposit made by BFG Finance withReuter - 148 words
-
Article242 1978-12-14 9 r < N.AMERICAN L A Reuter CHECKER MOTORS, which makes "built (or the purpose" taxi cabs (Checker), announced on Tuesday it plans to sell its assets to a corporation to be owned by Oppenheimer and Co. After the conclusion of the transaction. Checker said itReuter - 242 words
-
Article233 1978-12-14 9 ITEL, one of International Business Machines' main competitors in the computer business, has disclosed that it is matching its giant rival's recent price cuts on memory units for large computers. Earlier this week, IBM, the world's leading computer manufacturer, said that it was cutting its charges233 words
-
Article26 1978-12-14 9 WESTDEUTSCHE Landesbank Girozentrale has withdrawn its allotted 60 million mark slot from this month's Eurobond calendar due to poor market conditions, bond market sources said.26 words
-
Article29 1978-12-14 9 THE EUROPEAN Investment Bank's private placement of 8-1/4 per cent seven-year Euroguildernotes has been fully subscribed up to the maximum amount of 75 million guilders, Amsterdam-Rotterdam Bank said29 words
-
Article61 1978-12-14 9 THE UNION BANK of Finland is planning a 50 million mark 10-year Eurobond with a 6-1/2 per cent coupon, bond market sources said. Lead manager Westdeutsche Landesbank Girozentrale indicated a 99 per cent issue price. The bonds have a fiveyear grace period, giving as average life61 words
-
Article91 1978-12-14 9 BONDS LOANS ■< A CONSORTIUM of 36 financial institutions, including The Bank of Tokyo and the European Arab Bank, has agreed to lend the Moroccan Phosphate Office (OCP) US$l5O million in Euro-currency. The Map News Agency reports that the loan, which is guaranteed by the Moroccan government,91 words
-
Article99 1978-12-14 9 Reuter THE BEECHAM group said 89.26 per cent of its rights issue of 14.7 million nominal 25p shares at 560p per share has been taken up. The issue was made on the basis of one new ordinary share for every 10 old, and of one new ordinaryReuter - 99 words
-
286 1978-12-14 9 ASIAN t i THE MAJOR Australian retail group, Myer Emporium, increased its sales in the first four months of the current year, but they were still short of expectations, the retiring chairman, Mr. K.C. Steele, told shareholders at the annual meeting in Melbourne. The286 words
-
Article121 1978-12-14 9 Reuter JAPAN'S Marubeni Corporation will lease two Boeing 737 passenger jets to Sweden's Maersk Airlines for 10 years from next month. Marubeni said a leasing contract was signed in Stockholm last week between the two companies, under which the 127-seat jets will be handed overReuter - 121 words
-
Article219 1978-12-14 9 FT VESA GROUP net praflta rase by 1H the atae maatha la Bepl SI agalast Ike same periad af 197} dae partlealarty to a sharp eat la Isaacs la the mineral all Meter. Aa taterim repart frem the eaergy eaaecra, West Gennaay'a largest privateFT - 219 words
-
157 1978-12-14 9 Reuter THE CAPITAL cost of developing the British North Sea North Cormorant oil field, due to begin production by 1982-83, is estimated at about £700 million, including some £200 million in development drilling costs. A Shell Exploration and Production spokesman noted that analysts' earlierReuter - 157 words
-
Article30 1978-12-14 9 AEG-Telefunken-Finanz-Holding of Luxembourg will redeem its €0 million franc, 6.5 per cent bond 1971/86 prematurely at 101 per cent on March 10 next year, the Zurich Stock Exchange said.30 words
-
772 1978-12-14 9 NYT THE MASONnt; Corporation, long in the stock market doldrums, appears to be getting more attention as investors speculate on the value of the company's substantial timberlands. Masonite has 23,330 hectares of redwood forest, one of the largest reserves not in the UnitedNYT - 772 words
-
168 1978-12-14 9 Reuter THE FEDERATION of Swedish (small) Shareholders (SARF) said it appointed a committee to analyse the implications of the final deal between Volvo and Norway which was signed in Oslo last week. SARF, whose members hold around 30 per cent of the voting rightsReuter - 168 words
-
Article85 1978-12-14 9 AP PEUGEOT-CITROEN of France and Fiat of Italy have formally announced the creation of a joint company to produce a new line of light trucks. Construction of a new plant, at Aessa in the Sangro Valley of the Abruzzi region east of Rome, is already under way.AP - 85 words
-
519 1978-12-14 9 LOSSES IN EUROPE EUROPEAN 4 FT PHOENIX Assurance has reported that pre-tax profits were virtually unchanged at £27.4 million for the first nine months. Higher returns from investment income over the period were offset by a continuing adverse underwriting experience. The tax charge and minorityFT - 519 words
-
389 1978-12-14 9 DAIMLER-BENZ expects 1978 profits to match those of 1977, at the end of a year that it describes as "generally satisfactory," despite the estimated one billion deustche mark cost in lost turnover of last spring's strike in the Wuerttemberg engineering industry. Preliminary results for the whole389 words
-
Article121 1978-12-14 9 Reuter THE EUROPEAN Cqal and Steel Community is to float a US$5O million Eurobond due 1999 at a split rate of interest. Lead managers jS. G. Warburg and Co said in a statement the issu4 will carry interest at 9-3/4 per cent until Jan IS,Reuter - 121 words
-
-
Page 9 Advertisements
-
Advertisement121 1978-12-14 9 x TIMES I BOOKS M- I International the NEW publisher of quality books A TIMES PUBLISHING DIVISION proudly announces an important cultural event Tan Sri Mubin Sheppard's Living crafts of Malaysia a superb full colour, hardbound tribute by an authority to the talent and supreme skill of Malaysia's craftsmen, photographed121 words
-
-
DEALS DONE ON THE SES AND KLSE
-
Article1133 1978-12-14 10 niV-H ffer P r »ces officially J> us 'ness 'n and 10 the Stoclc Exchange nu^25 ap re yesterday with the taS2!I of shares traded shown urn- ln lols of 1 000 "nlta J®*®L?therwise s P«cifled -ir.il, Settlement Contracts are quoted after the word ••sett ard deal |n1,133 words
-
Article254 1978-12-14 10 4 1/2* 1 '8/80 (250.000) (***** 99.355) 4 3/4% 15/9/80 (250,000) <99 608 99.755) 5% T F 1/5/83 (250.000) (100.158 100.306) 5 3/4% T F 15/6/81-84 (250.000) (102.305) 7% 1/8/85 (250.000) (*****6 100.706) 7 1/4% 15/4/86 (250.000) (100.75B) 7 1/4% 15/10/86 (250,000) (100.75B) 7 1/4% 1/5/87 250,000) (100.7254 words
-
-
Article145 1978-12-14 10 SINGAPORE UNIT TRUST (Mmmcct*' prteas far Dm 14) The Commerce 107 2.30 The Saving Fund 129 1.37 S pore Prog Fund 0 93 0* S pore Sec. Fund 170 1.80 S pore Invest Fund 1.22 1.29 ASIA UNIT TRUST (Mi— gerw' prices far Dee II) Mai Invest Fund145 words
-
Article2520 1978-12-14 10 r I(l7k Gr'» Gr'a Net HfxH f nu Last Oiv Div Y'ld P/E Vol Day ■■in liWw ompanv Sale OC- C'vr ('000) High Low r SECTION ONE t INDUSTRIALS .272 132 Arms 212 1Z0N 1.3 5.6 23.0 ✓238 123* Alcom 234 10.0 2.2 4.2 17.3 .178 1072,520 words
-
Article1329 1978-12-14 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets In lots of 1,000 units unless otherwise specified. INDUSTRIAL* Ajinomilt (2.708 2.90S 1. Aicom (1 808 1.858). AMD <0 6081.1,329 words
-
Article414 1978-12-14 10 Malaysia Blee Industries BM: AGM to be held at the Conference Room, Hotel Malaya, Jalan Cecil, Kuala Lumpur at 11.00 a.m. today. Sovraa IMaatrtea Bhd: AGM to be held at the Conference Room, 14th Floor, Bangunan Hong Leong, 117, Jalan Bandar, Kuala Lumpur at 10.30 a.m. today. N#»t414 words
-
Article, Illustration613 1978-12-14 10 THERE WAS same resistuce tgalvt Ike tendency to pub prices downwards at the Stock Exchange of Singapore yesterday. After several days of prices sliding, yesterday's trading stowed the first signs sf the market taking a different dlrectton. Whether thto will be a613 words
-
642 1978-12-14 10 THIN TRADING prevailed for the third consecutive session at the Kuala Lumpur stock market with prices closing on a mixed note yesterday. Unlike the past two days of persistent light selling, trading yesterday reflected a small degree of support. With this slight improvement, prices642 words
-
COMPANY NEWS
-
335 1978-12-14 11 LOWER palm oil prices as well as the prolonged drought has affected Chin Teck Plantations' profitability for the year ended last Aug. 31. Sales proceeds were down more than 10 per cent to Ms 9 million from $10.07 million, despite improving rubber prices.335 words
-
LATEST RESULTS
-
Article37 1978-12-14 11 Proposed bonus issue of one-for- two, capitalising M 52.15 million from retained profits and from revaluation of land and buildings. Profit before tax for 1978 is expected to be higher than that for 1977.37 words
-
Article30 1978-12-14 11 Unaudited group pre-tax profit after minority interest of $2.97 million ($2.46 million) for the six months ended Sept 30, 1978. Sales came to $54.96 million ($46.18 million).30 words
-
-
Article, Illustration711 1978-12-14 11 P. GUNASEGARAM - By P. GUNASEGARAM AS EXPECTED, group pretax profit at "miniconglomerate" Supreme Corporation dropped sharply for the year ended June 30, largely as a result of the cessation of mining activities last September. Pre-tax profit fell to only M 51.091 million from $5,971 million711 words
-
Article, Illustration486 1978-12-14 11 TOSHIBA (MALAYSIA)'s performance slowed down considerably in the second half of the financial year ended June 39, apparently due to the effects of keener competition in the domestic market and setbacks experienced by its subsidiary, San Electronics. On a consolidated basis, sales were ahead 24.4 per486 words
-
630 1978-12-14 11 Letter to the Editor Dear Sir, The article appearing in page 11 of yesterday's Business Times is very informative, if not revealing. As an interested party, may I be permitted, through your columns, to add the following First, the auditors, Messrs Chan Kum Chee A630 words
-
259 1978-12-14 11 MAGNUM Corporation, the Malaysian-based four-digit lottery operator has disposed of its Jalan Birch property for MJ2.06 million, reaping a gross surplus of $806,725. The purchaser of the property, which comprises 10 rent-controlled two-storey brick buildings on 1,662 square metres of land,259 words
-
Article, Illustration658 1978-12-14 11 ANTHONY TAN - By ANTHONY TAN IN ITS December bulletin, the stockbroking firm of Fraser and Co. brings out statistical data to support the theory that changes in the money supply affect stock prices. According to the chart which accompanies the report, a rise in money supply isaccompanied658 words
-
Article529 1978-12-14 11 Current Es Books Date Total for Total for Payment Date Close Payable the year Previous year A Hitam Plant 15%<b) Nov 22 Dec 2 Dec 8 15% 15% A Eat 10% 1 Nov 10 Nov 22 Dec 8 10% 20%(C) Tilin Mine* 10* I Nov 10 Nov 22529 words
-
Article188 1978-12-14 11 Company Particulars Ex Date Books Cloae Mill Sff Bonus Issue of 1 for 2 Dec 6 Dec 23 S'port Land Rights issue of 1 for 3 Synthetic Resins <n $1 40 per share Dec 15 Dec 22 Rights Issue of 2 for 5 Fed.Cables *> $1.00 per share188 words
-
-
Page 11 Advertisements
-
Advertisement198 1978-12-14 11 On TELEVISION Now the BBC's longest and costliest TV dramatisation of a single novel Leo Tolstoy's War and Peace. Now available in a beautiful Penguin gift pack. s: V x Professor John Kenneth Galbraith presents his views on economics in The Age of Uncertainty. His renown books in Penguins include198 words
-
-
516 1978-12-14 12 WANG LOOK KEAH - By WANG LOOK KEAH THE SINGAPORE Tourist Promotion Board will be raising the fees of tourist guides, negotiated during a meeting between the Tourist Guide Association and the board on Tuesday. The board hopes to come to a decision on the exact amount516 words
-
Article179 1978-12-14 12 THE CALL deposit rate in Singapore's discount market has risen from 4 to 4' '2 per cent, reflecting the general rise of interest rates here. There was a steady increase in the call rate during the second half of this year. In July, it was 3 3179 words
-
369 1978-12-14 12 COMPENSATION fund contributions from travel agencies have been increased by the Singapore Tourist Promotion Board. The board feels that the fund, which now stands at 1330,000, may not be sufficient especially when a large travel agency defaults, hence the increase. Since 1975, under the Travel369 words
-
440 1978-12-14 12 COLIN CHEE - By COLIN CHEE ASEAN economic ministers will be asked to narrow differences that stand in the way of a joint plan of action by the group against Australia's protectionist aviation policy. The differences among Asean members could not be resolved by senior economic officials440 words
-
Article336 1978-12-14 12 BRITAIN is prepared to spend £400 million (Ssl.B billion) during the next three years on pushing British industry into what Prime Minister James Callaghan described yesterday as the "unexplored territory" of the microelectronics revolution, involving advancements in the silicon chip. The money will be used336 words
-
Article763 1978-12-14 12 LONDON. Wed. Share prices closed lower on persistent small sellings, dealers said. At 3.00 p.m. the Financial Tines index was down 5.6 at 474.8. "Operators were cautious ahead of the UK trade figures due tomorrow. There was little miction to the UK industrial pqaduction figures published today. industrial763 words
-
197 1978-12-14 12 PRIME Mlalster Lee Kim Yew aU yesterday Slagapere waats to eeexisl peaeefally wltli all caaimaalst state* la the north, whatever their Ideological Idtesyaeraetes. Be was ■MMM la New Delhi daring a dia■er glvea by labia's Prime Mlalster, Mr. M. DesaL Mr197 words
-
Article74 1978-12-14 12 JAKARTA police has foiled an attempt to smuggle textiles to Indonesia from Singapore by arresting six suspected smugglers, a police spokesman said yesterday. A total of 102 lots of soft textiles were seized when the six men tried to take them out of the port at Tanjung74 words
-
Article, Illustration303 1978-12-14 12 THE new Mazda 626, a 1,600 cc Japanese saloon car that could easily pass off as an European model, is expected to make quite an impact on the local car market. Already, the initial shipment of 25 vehicles has been sold. The second shipment of another303 words
-
Article422 1978-12-14 12 THE SPYROS inquiry yesterday heard that the elaborate safety system in Jurong Shipyard had broken down on the day of the explosion on board the tanker on Oct 12. Mr Richard Tuan, the shipyard's acting chief of the fire and safety section, said this when questioned422 words
-
162 1978-12-14 12 THE IRANIAN government, reeling under crippling strikes, sought to import refined oil products on Wednesday as pro-Shah demonstrators launched a counter-attack on those trying to topple the regime. "The government has started negotiating with potential suppliers," one Western diplomat said. "They are still162 words
-
Page 12 Advertisements
-
Advertisement116 1978-12-14 12 r•m&mai Charade Runabout: NEW SPECIAIJy CAR practical, exciting ultra chic Charade Runabout XTE 5 speed 1000 cc $14,500 (nett PARF) Optional ait condition $1,200 From the distinctive large black bumpers to its ultra chic 'opera window'openings in the rear quarter lights the Charade Runabout is a nimble sports car tor116 words
-
-
SHIPPING TIMES
-
PORTSIDES
-
Article111 1978-12-14 13 Reuter FOREIGN orders for shipbuilding received by yards last month fell sharply to 14 totalling 86,250 gross tons from 18 ships amounting to 408,500 tons in October, but rose •from eight totalling 68,400 tons in November last .year, the Japan Ship Exporters Association said. The November ordersReuter - 111 words
-
Article70 1978-12-14 13 Reuter NORWEGIAN Shipping News has announced its worldwide freight indices for November, with October comparisons. Dry cargo single voyage charter 148.8 against 141.9 and time charter 211.9 versus 207.9. Tankers VLCC/ULCC 49.8 versus 44.9, medium crude carriers 128.1 vs 92, small crude and product carriers 128.1 vs 92,Reuter - 70 words
-
Article63 1978-12-14 13 Reuter THE SUPPLY of vessels for sale has been markedly reduced and it remains to be seen whether high asking prices will be met, London shipbroker Eggar Forrester says in its latest market report. The two factors continuing to cause uncertainty are the performance of the USReuter - 63 words
-
-
Article760 1978-12-14 13 WALKOUT AFTER X'MAS LIKELY NYT THOUSANDS of shipyard workers have overwhelmingly voted for a strike against the giant Newport News Shipbuilding and Dry Dock Company a strike that Federal officials in Washington said could be the biggest ever against a single employer in theNYT - 760 words
-
Article482 1978-12-14 13 UM Page C«i Aconas n 5 ACS n 5 Afea IV 3 Aguila IV 2 Alpac IV 5 Angtrotan V 1 ANL I 1 APL m 2 Arya Nat n ASCL ra AustCont IV 5 Bank n 5 BBS n 2 Bahari V 1 Ben Asia m 3 Ben482 words
-
Article171 1978-12-14 13 UPI FREIGHT markets became much slower on Tuesday as is often the case at this stage in the week. However, sufficient business materialised to reveal fully steady rate conditions in the North American grain trades and slightly weaker rate performance in South Africa and North Korea. NichimenUPI - 171 words
-
219 1978-12-14 13 THE lucrative Europe-Far East trade continues to attract newcomers despite the stiff competition offered by international shipping lines. One of the latest entrants, PV Christensen of Denmark recently started a new conventional service between a range of major north European ports and the Far219 words
-
Article138 1978-12-14 13 Reuter LONDON brokers report that prices continue firm on the second-hand tonnage market with less vessels being offered for sale. The Olva Ringdal, bulk carrier of 110,342 dwt and built 1971, was purchased by a Norwegian company at an undisclosed price. A Greek concern was reported to haveReuter - 138 words
-
4190 1978-12-14 17 SHIPPING LIST where your ships are due and when SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port4,190 words
-
Article955 1978-12-14 18 f RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival Is advised by the Shipping Line/ Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during955 words
-
Article899 1978-12-14 18 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. Aconas Line— Aconas Sdn. Bhd. Adriatic Container— Container Feeder*. APEA Line— Singapore Shipping. Aguila Oriental—Same. Ahli Shipping— Sharjah. Alfred C. Toepfer LineIn termodal. Algerian National Line (CNAN) —L'ni pacific899 words
-
702 1978-12-14 18 FAR EAST FREIGHT FREIGHT rates are firming. Scrap prices in the Far East have increased 10 to IS per cent since September although the amount of tonnage being scrapped is estimated at about 450,000 dwt monthly. The average price is now US|S2per dwt. This702 words
-
Article, Illustration66 1978-12-14 18 THE TURELLA (absve) Is a IMM grtewud passenger ferry recently touched at the Finnish Wsrtsila's Turks yard. The vessel was bnilt (er SP Line sf the Aland Islands The 1,711 passenger, Sfii ear capacity ferry shenld be completed by mid-Jane fer delivery te Its ewers. The erder was66 words
-
Article, Illustration321 1978-12-14 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Albion (1100 hauls 27m east) 35/36 Alexandra Serafimovich (after Hoegh Pride) 46 Basca (1600 after Bunga Mas) 19 Bunga Melor (1830) 13/14 Gaopeng (1830 shifts after Vishva Abha) 18 Leda Maersk (after State of Nagaland) 44 Palm Sea Horse (2100) 16 Scotland321 words
-
-
Page 13 Advertisements
-
Advertisement493 1978-12-14 13 DIRECT DIVERSIFIED DEPENDABLE SERVICES TO/FROM USA AND CANADA Agents Barber lines Singapore Pie Lid Tel 9265 1 Harrisons Croslield Kuala Lumpur Tet: 20MM9 Pernas-MISC Penang Tel ***** JAR DINT AN I AH Orient Overseas Co*dcu*teA. Line FULLY CONTAINERISED SERVICE FROM EUROPE (VIA SUEZ) IP Kdam Spat HKon( K »UMC Osaka493 words
-
Advertisement244 1978-12-14 13 r" 111 Si I SEALORD ANTAH i>4 UASC UNITED ARAB SHIPPING CO (SAG) All vessels ***** DWT, 105 TON H.L. Derrick 288 TEU Capacity, Long Length Capability. •ARABIAN GULF WEEKLY SERVICE" S pore Loading for ii RED SEA DIRECT SERVICE essel S pore Loading for Jeddah (20/12). Aqaba (25/12). Hodeidah|244 words
-
Advertisement730 1978-12-14 13 SINGAPORE BUSINESS TP-istr-.e^s Mnyii; ,'if Fpr US Pacit*c Gult Aiiantic and East Canada -A- ,o «»ccec>tifig to' Hongkong T«i.wv«»n j.i&.m «i?kJ Ko'«.*rfi FULLY CONTAINERIZED FAST DIRECT WEEKLY Philadelphia] Baltimore Kg 1 Q jinn lid FOR East Asu (Honftonj Mamu Keelunj Kaotiswn() tapan (Tokyo Hot* Yokohama Kafoya Osaka Stoimtul FOR MMMiw730 words
-
-
Page 14 Advertisements
-
Advertisement667 1978-12-14 14 FULLY CONTMOSES TO EUROPE C*r ft olata by lia|i Mm Eiprtu InrwpMl Bit KamHm HMtet Eiprnt Br mm* Eiprns EXPRESS CONVENTIONAL TO EUROPE Vp»» P XdJOf Ptn Btut Genoa HT*»: Ikntertanl 15/12 6/1 20/1 Mwaht«« 20/12 22/12 26/12 24/1 2/2 Hammma 20/12 16/1 12/1 26/1 FULLY CONTMOISED TO GENOA/TRtSTE Sport667 words
-
Advertisement551 1978-12-14 14 'jsssz barber blue fnm IB ATLANTIC US WLf EAST CMMM SJ*> I fwtn I i**, I «*«Ht im. Ok 27/27 |1M 15/20 F* 11/12 I|/l# 22/2* F* 14/ IS FI 71/23 >» Fife 21 30 FA 21 f«fe 1/ 2 Fife 22/23 F* 4/ S Fife an 4 Ma. 24551 words
-
Advertisement691 1978-12-14 14 EVERGREEN LINE EVERGREEN MARINE CORPORAT.ONi 1 FAR EAST/RED SEA, MEDITERRANEAN 1 EXPRESS FUU CONTAMER SERVICE ALSO ACCEPTMG CARGO FOR GENOA. LATTARIA, BEHJT ALEXANDRIA. BENGHAZI. TRfOLI (IBYA) 'MM PvtUßLwmi Ltftam fm i«v Hußmbi nDk Jla Sim 7to 13 J* IS fen IS taa Int Mi I taa »la 23 fe» *I*691 words
-
Advertisement856 1978-12-14 14 I Everett Lines lama Fhrt Star Sliippia| Corpn. BURMESE NATIONAL LINE imm m rmboom m ntUMKCTUmN (*ck) t3t2 ml 5 Otc B FS S C Agents in Malays* TEPS MALAYSIA Port Kelang Tel (38) 7355 Penang Tel. *****/***** 2 m 8 Q zx MwaonorTT/«arMO VISA 2R/22 Im 23/24 Im 9856 words
-
Advertisement764 1978-12-14 14 !3J SANKYO LINE AUSTRALIA SERVICE TIM ST* 20/22 OK 17/19 OK STD.MEL.«Oa Mumr 20/21 OK 22/23 DK GERALDTON. AOEL OUMONOSTM 21/30 DK 21/27 OK SYO, MEL. MQ. BANGLADESH SERVICE GEttRAI MINTS CONTARCR DOOUNG LOAD AGENTS P KELANG PfMWG 17/11 MM 15/ IS MR CMTTAGONG. CHMJM OCEAN SMPPMG S ENTERPMSES Pit764 words
-
-
Page 15 Advertisements
-
Advertisement570 1978-12-14 15 OCL Overseas Containers Limited cowtuoshp sonnet to w/cwitw: H Bura R djfn It S tO« Spore t 110k *> 19Dk Upran It Ik lit 29 0k In 31» 12 la It la 27 la Cjr*» tIT UK (la 13 la 17 tan 22 la 24 1a II la IF* It570 words
-
Advertisement721 1978-12-14 15 GRANARD LINE RELIMU I DEPENDABLE NON-COWEREJKE EXPRESS SERWCE NEST BOtMD-FAR EAST/MEDITERRANEAN MV MM MM V 20M M.I MM FUNG V 21* MV MMTAT V 22W S pot P Kftanf M Laaatag tar 24 0k 2«Dk 2S»k D|d»uti PSaM AleuanOria Beirut lattakia Pireaus Tnpoli Benghazi Istantml T« ILm 10 tm 12721 words
-
Advertisement670 1978-12-14 15 BENLINE CONTAINERS EXPRESS CONTMNEK SERVICE TO/FROM EUROPE H BURG B HAVEN R (MM HAVRE SOTON 10 MOW Outi Hit Aawgi Mara Haafkaag Eipms UMfMlbf Spore F htan W Germany/Austria Antaerp France AIUA »4/l 12/1 11/1 a/i 25/1 i7/i 19/1 21/1 22/1 24/1 1/2 24/1 V 2 1/2 11/1 IV2 14/2670 words
-
Advertisement700 1978-12-14 15 E w Scan Dutch V *11 I: H: H j Ml 4 4 T i fl FaaM Mm P MM| OIMM faM EUMOM a/u FtMcna a/12 OEJMM vi FUKOCI IVI aowM a/i nuwcnu ?7/i SEC* l)li nil i. Mm 2) i EA?TiBuiW?S(SMMED/UK tftof r* 4) rtwa SILMOVs* P Sm Mri700 words
-
Advertisement465 1978-12-14 15 GUTHRIE BOUSTEAD HIPPING GENCIE S LYKES ORIENT LllKlE EXPRESS SERVICE OBJECT FROM SMGAPORE TO NEW ORLEANS. MOHLE. HOUSTON. G ALVESTON. ALSO ACCEFTWG CARGO FOR BANGKOK. MANLA. TAIWAN, HONGKONG PUSAN AND (ARAN PORTS. LOU LTO (MKk I Ml) mth inn (*k* i lm*) 11 9oc/ I Jm 1«/U ta SINGAPORE *****4465 words
-
-
Page 16 Advertisements
-
Advertisement822 1978-12-14 16 HIIMWM (VIA SUEZ hy Container Vetseb TO EUROPE Sm P |gMg i Havre H b*rg Bremen R dam A who mCATOt M flffcc 216k 7ta S to* 11 1m 11 to* 12 ta OWTTAL am 12*8 28 tec 27 Ok 14 ta It ta 17 ton II to* 20 to*822 words
-
Advertisement918 1978-12-14 16 ISA/EAST CANADA SER ♦Trrt acceptme ra/io contabos fromrows, r kelane. store l«a*ig tar KN TOW. NORFOLK BMA" (IMJA-27 sa) 14/11 Bk MPI/KRk E.C./CREAT LAKES SERVICE I tar: NORFOLK. OT TOM. MONTREAL. TOMNTO. ASHTABU.A. Of TROT CMCAGO CALIFORNIA/PACIFIC MOUTH WEST SERVICE Lttd* tar LOS ANEELES. SAM FMNCBCO. SEATTLE. TACOMA. VANCOUVER AC918 words
-
Advertisement511 1978-12-14 16 W NOL NEPTUNE ORIENT LINES LTD FOLLY CONTAINiHISfD SERVICES FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE tOOMK Spore P Mai* S to* S la* HDk 21 OK 12 1a 0 CMEF 21 OK 27 DK 2tm 3 tan H M SM lIM 2 Fek 9 Fat 23 Im 24 1M lOCATW Vpn Cbmt511 words
-
Advertisement481 1978-12-14 16 MALAYSIAN SHtMNG CO**OfiATtOH BCKHAD t EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANOINAVL westbound EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT 1| Man S port P Ketone Penang loa*g tar OtClOi hPort 14/14 Ok 17/11 Ok Btoru 29/12. C*tt; Lpoot 3/1. Hbufg 9/1. «dam 12/1 Ancrp 15/1. le Havre 16/1. 14OR 11/1 > MEUTI481 words
-
Advertisement855 1978-12-14 16 f INTRASEA (PTE) LTD. f.ibpf House *'34E O'Ch-vt) Po.»fl Sinq.iporp 9 Tpipphortp t'i" T6 l l 2 354'iS' if: *Kansai Line STRAITS/AUSTRALIA SERVICE Singapore P Mane Lu*| tar: GRACE AOELADE V.IIA |j» 5 lan Brabant Sydney i Melbourne Adelaide Wlt gi i» 2»2»ii none ?»M57 1 «r» wo wm i855 words
-
-
Page 17 Advertisements
-
Advertisement106 1978-12-14 17 A ANGKUTAN PERTAMBANGAN aweyowE/'wpQigsw cowtaoo feeder sbmk authorise] BY MDOKSM GOKMOT MTM Fill CONTUO VESSELS EACH CAMY MG 112 TED VESSEL TAMBAN6 VO mm i ALSO ACCEPTMG CARGO FOR NDONESIA GOVERNMENT PROJECT AND HEAVY MACHMERES SMGAPORE LOAMK FOR 20/12 JKT M PORT JKT I*?? J- 21/12 JKT n H/12 U106 words
-
Advertisement150 1978-12-14 17 ANHSING LINE S'pn P. Kate 2/ 3 Jan WON BUTMOK 20/22 JM LORD STEAMSHP CO. S.A. TANMN/JTIAfTVTANMN EWOS HO SEIWCE eedhg tar tat KataHg, taMt Kaatat »n*n STOK PJOJMC mw I WWW* LOON FATT k tat 19/19 Ok 21/21 Ok 21 Ok LOON CHONE 29/39 Ok 31/ 1 tea 2/150 words
-
Advertisement118 1978-12-14 17 OCEAN CONTINENTAL ENTERPRISE PTE LTD Room 610, 6th floor High Street Centre S pore 6 Tel *****/*****'***** REGULAR SAILINGS TO/FROM BANGKOK/SINGAPORE (ACCfPTMC GEN CMGO. CONTMCRS I KAVVLffTS) INK I ASEM ENDEAVDUt W 30) (N) MORS BMfkdt: MnO HOT LTD to 233*213 Nrt ponmuuiN nit mum Ttfc 3H311/3tt3M/3tt7N/3at7M (IIJ TRANS FREIGHT118 words
-
Advertisement176 1978-12-14 17 NOTICES REQUIRED LANDING CRAFT TO CHARTER BAREBOAT CHARTER FOR PERIOD OF 12 MONTHS WITH FURTHER OPTIONS VESSEL MUST NOT BE LESS THAN MO TONB CAPACITY AND MUST HAVE ACCOMMODATION ACCEPTABLE TO THE AUSTRALIAN DEPT. OF TRANSPORT AND SHOULD HAVE A SPEED OF MINIMUM II KNOTS CLEAR DECK AREA SHOULD BE176 words
-
