The Business Times, 2 July 1979

Total Pages: 18
1 18 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. Ut/l/19 MONDAY, JULY 2 1971 50 CENTS
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  • BRIEFLY...
    • 92 1 Reuter MOSCOW, Sun. The Soviet Communist Party newspaper Pravda today accused the United States of trying to push the five countries of the Association of South-east Asian Nations into a military alliance. Referring to the Bali conference of. Asean foreign ministers which ended yesterday, Pravda said the five
      Reuter  -  92 words
    • 74 1 AFP JAKARTA, Sat. Garuda Indonesian Airways will start operating a twice weekly service between Medan, North Sumatra, and Kuala Lumpur as from today, company sources were today reported to have said. The service, according to the sources, will use DC-9 aircraft with take-off times at 12.40 p.m. from
      AFP  -  74 words
    • 106 1 AFP HONGKONG, Sun. China has reopened to tourists one of its best-known Buddhist shrines, the Jiuhuashan mountain resort, with the completion of a winding mountain highway leading to the temples, New China News Agency reported today. The mountain resort in eastern Anhui 'province has 56 temples large
      AFP  -  106 words
    • 82 1 AFP SEOUL, Sun. President Carter today concluded what was described as a successful and fruitful two-and-a-half-day state visit to South Korea, reaffirming the firm US security commitment to the country while forcefully campaigning for the human rights cause here. In a dramatic move to reduce tension on the
      AFP  -  82 words
    • 58 1 AFP CAIRO, Sun. China has supplied 90 MIG-21 fighters to Egypt. Forty of these aircraft were presents from the Chinese government to the Egyptian armed forces, the weekly magazine October reported today. The weekly added that the transaction included the supply of spare parts for Egypt's Soviet
      AFP  -  58 words
    • 57 1 AFP KUALA LUMPUR, Sun. The stalled air talks between Britain and Malaysia will be resumed at a higher level, the Malaysian Acting Foreign Minister Taib Mahmud said here today. He said this was agreed upon in talks that the visiting British Foreign Secreary Lord Carrington had
      AFP  -  57 words
    • 68 1 AFP IPOH, Sun. Malaysia and Thailand are planning a combined naval exercise in their territorial waters bordering the two countries, it was started here today. The exercise, similar to the joint MalaysianIndonesian naval manouevres, is aimed at testing the effectiveness of the two navies. Details of the
      AFP  -  68 words
    • 36 1 Reuter Hongkong, Sun. The Chinese medical newspaper, Health, banned for 13 year, resumes publication today with a front-page article on plans to reduce China's population growth, the New China News Agency reported. Reuter
      Reuter  -  36 words
  • 114 1 THE following list of stocks gives the II most traded on the Stock Exchange of Singapore last week. It gives the turnover in thousands of units, closing prices on Friday and the high and low for 1979 (tmpuy Ta reaver Price* High Law Ju a 1V» Sime
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  • LOCAL STOCK INDICES
    • 72 1 Ju ti JuK Ju 21 JutS JuZS "BT Index: 2208 87 *****2 2251.37 2210.81 2220.18 Industrials: 379 29 381.31 380.11 376 39 376.46 Finance: 675 98 679 28 676.92 672.54 673.32 ••Hotels: 282.92 283.48 283.25 282.61 282 65 •Properties: 243.81 244.44 244.03 243.06 243.51 'Minings: 196 68 197.17 196.48
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    • 86 1 Juts tal ju n Ju a Ju a "BT Index: 3244.01 3299.52 3284.34 3231.01 3250.73 •Industrials: 407.89 ***** 408.67 406 85 406 39 Finance: 603 60 604.54 603 49 599 97 600 56 ••Hotels: 257.34 257.42 257.29 257.25 257 34 •Properties: 233.04 234.39 233.24 232 10 232.52 •Tins: 201.06
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  • 775 1  -  FUNDS NOW $6 BILLION By FOO CHOY PENG SIX OUT of every 10 employers in Singapore may be underpaying or not paying at all the Central Provident Fund contributions due to their employees. A survey of nine industries by the board last year showed that 61
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  • 143 1 THE Telecommunication Authority of Singapore (Telecoms) has reduced the rental for radio paging service from $600 per pager per annum to $480, effective from yesterday. Concurrently, a supplementary "Who-Called" service will also be provided at' an additional charge of $120 per pager per annum. As the supplementary service
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  • 588 1  -  By MARGARET THOMAS THE situation in Southeast Asia could lead to World War Three if the non-communist powers adopt a policy of appeasement towards Vietnam. There is a parallel between what is happening today in South-east Asia and what happened forty
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  • 250 1 WANG Laheratery af the United State*, tknagk Its Singapore nMdarjf Vug Cam paters, Is plaairtag ta set ap a regteaal sappart centre here ta sappart expansion af Its ap—H—la this part af the werld. The fanetts— the eeatre are ta pravUe facilities
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  • 438 1  -  By RAHIM KASSIM MEMBERS of the Association of South-east Asian Nations were yesterday urged to work out bilateral agreements with their counterparts in the European Economic Community to strengthen multilateral cooperation between the two regional groups. Mr Michael O'Kennedy, President of the EEC Council
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  • 58 1 FORMER Japanese Prime Minister Takeo Fukuda will start a ten-day goodwill tour of Asean nations tomorrow. Mr Fukuda plans to confer with Asean leaders on the latest situation in Indo- china and other Asian countries. Reports in February des<Tibed Mr Fukuda as eager to return to the political
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  • Page 1 Advertisements
    • 15 1 m m Wiyteom Motnni And FhmmOlid. I Ground floor. Stew Houm. Singapore 9 1W: *****7
      15 words
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    • 66 1 SHIPPING TIMES ID Ml sfcartag CUaew 5 PATRICIA ,G*h write* absut Lee Pan Hea— ahead *f laflaflm bay e paMhp 7 MARKET review 5..................... RONALD Raw ea the Grand OM Maa ef 5eeeer......... 11 MALAYBIA trade sarplas sears 12 OIL pradaet price* la Malaysia weat rise yet—....— 12 FLIGHTS S,
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    • 56 1 BB\ISUAIIY ....T. KOOCIFO \AJ r <ilf j- SEE BACK PAGE How to get II UKVtI iiiigftm I k i L iNI A T i Ti RTOj P^H \mx*. W/ sv VANCOUVER 4 (lights J w.fk (3 i»t these cooßmn' on to Mexico' SAN FRANCISCC 14 flights a week rm&yt; i
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  • 1797 2  -  A rise of consumerism, trendy hair-styles. Western fashions— these are just some of the things found by YVONNE PRESTON on a recent visit to China. From November 1975 until April 1978 Preston was a resident correspondent in Beijing. Her return trip was an eye-opener.... YVONNE PRESTON
    FT  -  1,797 words
  • 1023 2  -  China's scientists and planners are looking for energy sources that will carry the nation through the next two decades of modernisation Oil, coal, hydro-electricity and nuclear power schemes are all being developed as weU as solar power. The latter fact wont
    FT  -  1,023 words
  • Page 2 Advertisements
    • 91 2 Give us a ring on your old phone then come in to look at our new ones. Logic Hands-free Logic Dialer Logic 10 telephone SETELCO brings you communication equipment that is functional, interesting and definitely better looking. Choose from a whole range of SETELCO instruments: Telephone instruments, fanciful telephones, key
      91 words

  • 560 3 UPI AS THE cost of oil-foeled energy climbs, ail sorts of alternatives become possible. Perhaps the the boldest alternative ventures of all is that of ship owner Hngh Lawrence of Saosalito, California. He calculates the time is at hand to return sail
    UPI  -  560 words
  • 762 3 Lebanon's unfinished war continues to tear apart the once prond city of Beirut. But not all Lebanese have written off the future of the Middle East's former financial capital. Out of the ashes has risen a luxurious new holiday resort which does the Jetsetters
    FT  -  762 words
  • 876 3  -  By JAMES RESTON NYT YOU cannot come to London these days without feeling that everything looks the same but is somehow quite different. It still gives the appearance of an imperial capitol and of restrained elegance. Its shops are glittering with old gold and
    NYT  -  876 words
  • Page 3 Advertisements
    • 192 3 Now... A station wagon loaded with good sense trr ■m sM&Si The new Mazda 929 L Legato station wagon brings prestige accommodation of the highest order within the reach of any normal motorist. Luxuriously appointed, it doubles as rugged, hardworking people and cargo carrier. With real economy. Extras which are
      192 words

  • RAW MATERIALS
    • 1092 4 COFFEE: Robusta futures ended the day £41 to £16 per tonne up on Friday. The market was extremely active and the turnover of 19,908 lots was not far from the all-time record of 20,026 lots. Prices at one stage reached new contract highs in all but the near
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    • 198 4 RENEWED strength of sterling sent London terminal rubber on Friday into a late session decline taking closing call prices near to the lows of the day with losses ranging from 0.40 to 0.06 pence per kilo. The morning market had finished about unchanged on balance having climbed back on
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    • 429 4 TRADING was geaeraliy qslet aad feataretoss sa the Slagapere predaee market last week. Sales to everseas markets were limited by the lack sf stocks held here aad tower expectattoa ef sapplies tram eriglas. While the werid esflee market weat tkresgk aaether reaad sf speealattoa
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    • 126 4 CHINESE PBOOt CE EXCHANGE. SINGAPOHE, NOON CLOSING PKICEB rER PKXX ON MUX DAY: C«Mt Bulk 1130 Klltn. old drum 1L35 sellers. new drum SI4O sellers Capri: Mixed (loose) UK Coat 182 00 buyers Pcfyar: Muntofc AST A white lob 10C. NLW 1320 00 tellers. Sarawak white fob Wi NLW
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    • 1299 4 AFP THE crude-oil price rises overshadowed all else on the London commodity markets last week. Dealers were initially nervous in front of the Opec meeting in Geneva and tended to stand off. Subsequently, after the price increases were announced, there was a sharp decline among
      AFP  -  1,299 words
  • ASIAN STOCKS
    • 253 4 LAST week saw generally active and. at times, confused trading on the Singapore fore* market. The US dollar, however, appeared to have consolidated its position somewhat after sharp declines in the past two weeks. Opening lower at 5J2.1800 10, compared with 2 1830 40 at the previous week's
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    • 277 4 OVERNIGHT money rates eased significantly on Tuesday and Wednesday of last week from an opening of 7 1/ t to 7'/« per cent. Exchange operations by the Monetary Authority of Singapore on the weakening US dollar and inflows of funds were "causes" advanced by market participants. Term funds
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    • 232 4 THE KILOBAK market in Singapore on Saturday opened higher at 5519.794 and closed lower at $19,692. Spot gold for London delivery opened at U*****.50 283.00 and closed at 1281.0050. The market was quiet. Saure: Stagmaa. Retail prices per tahil quoted by the Singapore Chinese Gold and Silver Merchants Association
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    • 226 4 Asian rates RATES closed a shade lower in a fairly active market last week, with some light rollovers seen in Threes and Sixes. US basic money aggregates M-l and M-2 were up US$4OO million and $2 billion, respectively. ASIAN earreaey average depaalt rates far tke week faded Jaae US# (Bid
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    • 48 4 THE BEGINNING of last week saw a rather firm market with trading above 7 per cent. The market closed with a slight easing tone, with the Ones, Twos and Threes closing at 7to 6 7to 6 7'» to 7 per cent, respectively. H—rrr Asttey I Pnm.
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    • 48 4 FOR THE week ended Saturday June 30, the range of call rate received from from Short Deposits (M) Bhd was as follows: Bank fund: 1.75 per cent to 3.75 per cent. General fond: 2 per cent to 4 per cent. M«vemeats of funds totalled $581 million.
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  • Page 4 Advertisements
    • 116 4 If your girl cant meet you at the airport, our girl can. 'v WW m m w "v m >• <r» After all, Avis is in 1,200 airports in over 100 countries. That's a lot of girls. And the nice thing about it, you can reserve your Avis car when
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  • 785 5 ARRIVALS Service Local Operator Number Time From GIA GA908 1100 MES THAI TG423 1125 BKK PAL PR501 1135 MNL RBA BI423 1200 BWN GIA GA982 1200 HLP SIA SQ240 1210 MES Air Niugi ni PX053 1230 HLP POM SIA SQ911 1240 SFO HNL GUM SIA SQ201 1245
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  • OVERSEAS
    • 372 5 UPI ALTHOUGH there is officially no inflation in a truly Socialist economy, the Soviet Union acknowledged one of the tough laws of capitalism took the "forced but necessary measure" of raising prices on certain goods in high demand. Tass news agency reported the price
      UPI  -  372 words
    • WORLD IN BRIEF
      • 401 5 Agencies THE FIRST black Prime Minister of Zimbabwe rode to his new official residence last Saturday in an ox cart used by whites who colonised Rhodesia, nine decades ago. "This is a repeat of the Great Trek." said Mr Ayoub Kara, national director of Prime Minister Abel
        Agencies  -  401 words
    • 167 5 AFP CBDNA*B policy on joint entores and foreign Investment was outlined by the New Chlaa News Ageaey. TV abjective would be to raise foods far eeastractiaa, la Impart ad vaaeed techaslagles and equipment, Improve eeaaamle maaagemeat aad speed ap the eoootry's maderalaatiaa. Pointing oat Uiat
      AFP  -  167 words
    • 94 5 LEADERS af Britain's National I nion af Misers decided to seek pay rises far members af between 31 per cent aad ti per eeat. They decided to pat the claim to the annual miners' conference. The increase, If appraved by the National Caal Board, would
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    • 571 5 Agencies FINANCE ministers of the seven industrialised nations reached a secret agreement aimed at avoiding excessive financing competition in China, the Japanese mass circulation daily Yomiuri reported yesterday. The agreement also aims at preventing cornering of the Chinese market by any of their
      Agencies  -  571 words
    • 127 5 THE LATEST oil price increase by the Organisation of Petroleum Exporting Countries will pull down Japan's fiscal 1973 economic growth rate by 1.2 per cent while pushing up wholesale prices to the level equivalent to 10.4 per cent at an annual rate. As a
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    • 395 5 AP Reuter US inflation, fanned by Opee oil-price increases, will exceed 10 per cent this year. Presidential adviser Alfred Kahn said petroleum costs are rising fastest, but food could go up more than 11 per cent this year. His assessment, the gloomiest yet by
      AP; Reuter  -  395 words
  • Page 5 Advertisements
    • 86 5 1-3 GL $14,352 I Look at these features. Unbeatable value here r isstFuel efficient Sonic Idle carburettor Sports road wheels Soft-feel steering wheel Halogen headlights Intermittent wiper Heated Rear Window Hazard warning flashes Protective Body Moulding Quartz electric clock Inertia reel seat belts Radial Ply tyres Reclining Seats UNIVERSAL CARS
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  • REVIEWS
    • 1128 6  -  By PATRICIA GOH LEE Pan Hon wasn't as besieged by the Press as I thought he was going to be. But then he had also been lying low literally and metaphorically! After sleeping off the jet-lag of the 18hour flight from London, Pan came to
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    • 515 6 KST ONE would expect no less than a superlative performance from the combination of Lee Pan Hon, Choo Hoey and the Singapore Symphony Orchestra. But as it turned out, the performance of Mendelssohn's Violin Concerto in E Minor was a bit of a disappointment, particularly
      KST  -  515 words
    • 792 7 Title: The Masked Comrades: A study of the Communist United Front in Malaya. 1945-48. Author: Cheah Boon Kheng Publisher: Times Books International Price: 558.50 Reviewed by: J D Pracetas THIS book is based on Mr Cheah Boon Kheng's Masters dissertation on the Malayan
      792 words
    • 579 7  -  By FRANCIS CHIN TO KEEP one step ahead of inflation you can either spend as fast as you earn or you can invest in durables. And Chinese paintings are one of the best bargains for someone who wants to combine cautious investment with profit. An exhibition
      579 words
    • 115 7 [Consider Fengyang It was a most pleasant placc But that was before Emperor Chu Then came the poor harvests Fully nine had out of ten Alas' (Roll of drums) Life became so hard That in years of searching yet could not find a good wife The wives
      115 words
    • 674 7  - A CYMBAL OF SUCCESS.. By LEE YOKE MENG WITH CYMBALS in my left hand, And a drum in my right, I sing a song with cymbals and drums: I know no other song, save The Song of Fengyang... The sounds of this ancient Chinese ballad came alive at the PUB
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  • Page 6 Advertisements
    • 279 6 from Penguins i mk #1 Dear Me: Peter Ustinov This is a brilliant book. It is extremely funny: there are hilarious stories about Sir Ralph Richardson and Sir Laurence Oliver (both of whom Mr Ustinov treats rather unkindly), and even more comic ones about Ernest Bevin and J.B. Priestley. The
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  • Page 6 Miscellaneous
    • 715 6 LEISURE TIME FILM SHOWS THE Science Centre will screen two films at its lecture hall on July 8 at 3pm. The first, Proteins, explains what proteins are, how they work and why we need them. The second, The Living Lakes, shows how each lake has its own "web of life",
      715 words
    • 1386 6 TiVBSRWDIO A public mischief YOU will have to appear before the Crawi Caart if yaa waat to watek aay television tonight. And there will be little Jastlfleatftaa far year vtewtag aay el the ather praCrawa Caart makes its reappearaaee at liMpm aa Chaaaei 5 with "A Pablie Mischief". Tbe inner
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  • Page 7 Advertisements
    • 91 7 OUBhosa scheme to get your plans moving. OUB has loan scheme which allows you to borrow up to $20,000. Whatever your needs, our exclusive scheme can fit into your scheme of things. We do not require collateral. The interest rate is only 6V2 p.a. The repayment period is flexible and
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  • Page 7 Miscellaneous
    • 37 7 RnStdJsT LRrantDickajS i fvjTt NG ON u)GGHT C"' k J SHQtLO\T UC?RV P-3CXT —vcu <NCUJ' UH pr FfsT hpppv p ecPLe s rv'm o t HPiT'S THC FUNNICST I tmikg rvc evefc UCPvfcD MO' K» v>o' V-
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 237 8 JUNE 29 Frs CORBEILLE Air-Liqulde 418 2 B S N Gervals Danone 653 >2 CSF (ThomsonCsf) 381 50 14 Cle Francalse ties Petroles 201 50 0.5 Compagnle Flnanclere Compagnle -251 Generate 355 90xd Credit Foncler De France 477 unch Harhett* (Libralrle) 250 -2.5 Machines Bull 57 80 -1 Michelln
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      • 189 8 JUNE 28 Francs Action* Suisse* Alusulsse Br. Alusulsse Reg Brown Boverl Br Clbk Gelgy Br Clba Gelgy P C Clba Oelgy Reg Credit Suisse Br Credit Suisse Reg 282 1245 491 1820 1245 1015 <06 2200 424 1 20 1 80 5 10 3 10 2 Elektrowatt Br. George
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      • 206 8 JUNE 29 Dai Aef-Telefunken 4930 Akxo JSJO 0J AIU Leben 850.00 10 A!li Vers 443 -X BASF 12# 10 ♦0.1 Bay H T Wbtnt 244.00 -0.5 Bay Vbank ***** -4 Bayer 124.70 -00 BBC 254 SOB DUUI 184 OOB 345 00 unch Chem Verw 251 00 -1 Cocnmerxbank 190
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      • 204 8 JUNE 20 FU ABN 336 00 .2 Ahold 96 50 Akzo 28 70 ♦02 AMEV 83 20 -1.1 Am fas 100.00 13 Am rot Bank 08.80 -0.5 57 40 1.4 pjrf" 9600 Rnlt M 00 -1.4 Borsumij 160.50 unch Burhmann 6300 0.5 Byenkorf 7000 unch Calve Delft 170 50
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      • 105 8 JUNE 29 Frs FORWARD MARKET AMT 432 -1 AatMrf 2810 25 Astur 612 14 Broom 820 -16 Bru-Laxnb 1750 -10 r«np*f SI 8 16 r*w»k *93 -1 De Bftrs 250 -9 Ebes 2175 -15 Electrobel 8870 20 Gb-Inno-Bm 2S#5 15 Ot« 1220 -I Hobok 2865 -S Petro 4080 ■TO
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      • 106 8 JUNE 28 Urc 31 75 unch Assoc Oen ***** 20 754 •10 Centnic 5290 -40 piit 2508 -12 Fmsider 1S3 -0.5 Oen Immob 83 25 -2.5 IFI Pii 3419 •11 It&JcemenU ***** •140 I Lai (as 710 -S lulitder 386 ♦7 Ma«neu M Pf Ml 31 Marelll Ere 280
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    • 1323 8 NEW YORK AN UNCONFIRMED report that Libya would halt oil exports for several years reversed a moderate stock market advance and prices eased in active trading on Friday. The market dropped abruptly when the Libya story crossed newswires but pared its losses after several oil companies and
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    • 227 8 JUNE 29 CS Abiubi 19 unch Alcan 404 4 Algoma 29\ Bank Mont 234 -4 Bank Nov* Scotia 234 -4 Bell Tel 21V. 4 Beth Corp BP Can Ltd ZZ 284 4 Brascan 234 4 Camp Red LaJke 22 4 Can Imp Bk 4 Cannae 344 4 Canpac In»
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  • Page 8 Advertisements
    • 598 8 See Page 9 for Tokyo and Johannesburg stocks Where to wine, dine and entertain c m For drinking. For dancing. For delightful evenings. Music by Bacchus International of London Open hours: SI THL'R 9 PM 2 A.M S/J'/o 4. j% IST DRIXK FRI. SA T 9 PM 3AM Sl5 (»i
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    • 67 8 IB it M House Everyday is a big house affair for us Because each day is another new opportunity to perfect our service to you Service by which you remember us Savoury specialities for the choicest pick And that truly relaxed atmosphere which makes eating a delightful pleasure 24 hours
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  • MARKET REVIEWS
    • 582 9 NEW YORK NYT OIL prices and takeover deals dominated the talk and the action of stocks on Wall Street last week. Meanwhile, institutions and money managers wound up their "window dressing" as the second quarter ended. At the outset, popular stock market averages
      NYT  -  582 words
    • 195 9  -  Week mM Jue tZ Complled by Violet Chow OTHERS I IWtrka (M) said that the operation of the industrial and automotive parts division of U M W (M) will merge with U M W (Penang) and trade in the name of U M W (Penang)
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    • 399 9 TOKYO WITH investors weighing the impact of another oil price increase, the Tokyo Stock market remained inactive this week but cautious selective buying helped squeeze out some mild gains. The Tokyo Exchange index of all listed issues edged up 0.79 point to 447.34, following
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    • 555 9 K.LUMPUR n d IT WAS generally a week of uncertainty on the Kuala Lumpur stock market as traders awaited the outcome of the Organisation of Petroleum Exporting Countries meeting called to review the oil price. Trading was cautious throughout and prices fluctuated within narrow margins to close
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    • 296 9 SYDNEY Reuter END OF financial year trading saw energy stocks dominating the market after the Organisation of Petroleum Exporting Countries' oil price rise and the Austrlian government's decision to implement measures to cut domestic oil consumption by 10 per cent and promote the use of natural
      Reuter  -  296 words
    • 439 9 TOKYO SHARE prices closed higher on Saturday, led by energyrelated issues, dealers said. The Dow Jones average rose 25.86 to close at 6,273.12 with the volume at 120 million shares; the Tokyo Stock Exchange index closed at 447.34. up 0.70. Export-orientated electricals, vehicles and cameras, however, closed
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    • 304 9 JUNE 29 Rand INDUSTRIALS A Alpha Abercom AE And CI ISO unch 223 440 unch -5 AUtr 1375 -25 Barlows Cg Sufar CNA sas ■1 MOB MO unch Currle Flnancc 35 -3 De Been Ind Ed con Edgara Eveready Fed Volk 1S25B 320 ***** >00 13 Fuflt Oardlan Glenanl
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    • 890 9  -  F SINGAPORE h By CHAN BONG SOO SMALL losses were posted across a wide front in a dull market at the Stock Exchange of Singapore last week. Until the close, the undertone was barely steady. Investor confidence was, for the best part of the week,
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    • 763 9  -  LONDON By GERALD COLVERD THE MOST predictable aspect of a "bear" market is its timing of a rise in share values. Short-sellers in the market need to buy back to make their profit and, having seen prices wilt away during the past fortnightly trading account, it
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  • Page 9 Advertisements
    • 152 9 Grindlays Bank Limited Now in Singapore Grindlays Bank Limited have opened an offshore branch in Singapore which has acquired the business of its subsidiary Grindlay Brandts Limited Singapore. Grindlays in Singapore is part of the Grindlays Bank Group, a British based international banking organisation with more than 200 branches and
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  • COMPANY NEWS
    • 319 10 PLAGUED with high production costs, Perak Carbide Corporation seems headed for yet another year of loss. The company, 31.2 per cent owned by Central Securities, has reported a loss of $225,505 for the first six months ended March 31, 1978. A recovery in the
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    • 277 10 LOYTAPE has produced a set of interim profit figures which makes comparision of its latest performance with that of the previous year difficult. The adhesive tape manufacturer has reported a pretax profit for the half year ended March 31, 1979, of $411,039, but the
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    • 36 10 SUPREME Corporation Bhd said that the issued and paid-op capital of its subsidiary, Supreme Leasing Sdn Bhd, has been increased to $211 with So pre me holding a majority interest of 75 per cent.
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    • 553 10 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year Mentakab 21% Jun a Jun 21 Jul 2 32% 31% Prem Hldgs 6% Jun 13 Jun 25 Jul 2 12% 11% mb Bolton 10%(b) Jun 5 Jun 15 Jul 3 10% 10%
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    • 139 10 Company Particulars Ex Date Books Close Mai Flour Oriental Hldga Spore Glass Yeo Hiap Seng B Semb Bonus Issue of 1 for 2 Bonus Issue of 8 for 5 Bonus Issue of 1 for 5 Bonus Issue of 1 for 3 Rights Issue of 1 for 3 $2.25
      139 words
    • 250 10 JUDGING from the buoyant commodity prices currenU> prevailing and indications of increased palm output. Gadek Malaysia seems set for good profits in the current year ending Dec 31. The company, which was recently listed on the KLSE, has two estates. Gadek and
      250 words
    • 185 10 LARUT Tin Fields may sell the mining assets belonging to its wholly-owned subsidiary, Syarikat Hasili, if Hasili, now in its second year of shutdown, does not find suitable mining leases in which to resume operations. The company will do its best to secure realised
      185 words
    • 640 10 THE GOOD performance of subsidiary Malaysia Borneo Finance (MBF) was the single most important factor which enabled Pacific Development Credit to turn in a respectable set of profit figures for the half year to March 31 1978. These show group earnings before tax
      640 words
    • 91 10 THE KLSE is querying Pacific Development Credit Bbd oo the sales and purchases of certain investments. It wants to know whether the consideration is payable in cash, and the company to furnish details including the terms of any arrangements for payment on a deferred basis. The exchange
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    • 20 10 KESANG Tin (M) Bhd Informed the KLSE that Mr T. Th&rum&gn&n&m resigned from its board on June 1.
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    • 2700 10 this High Ye»r Low Company Last Sale orGr'a Div Div C»r Gr'» Y'ld Net P/E Vol roooi Week High Low 8ECTION ONI INDl'STEIAL COMMERCIAL 261 190* 142 180 265 744 252 350 215 380 207 123* no 147 255 60 185* 226 177 272 Acma Alcom Allied
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  • Page 10 Advertisements
    • 139 10 M S* m m Wa m m m m SJ m m IQ/ i "T*J in, w#/ Buy a pea green boat or sell a nautical puss. Leisure Times is right on target For as little as $15, you can sell anything in Leisure Times a painting, a world tour,
      139 words

  • MONDAY SPORTS
    • 1397 11  -  By TEO TECK WENG LIM SWEE WAH yesterday staved off a strong challenge from fellow Singapore Island Country Club professional Chang Chung-Fa to capture the Jurong Masters 79 title and his first ever win on the local golf circuit. The 25-year-old
      BT pictures by FRANCIS ONG and MAZLAN BADRON  -  1,397 words
    • 1042 11  -  By RONALD KOW WHEN YOU do not knew mack about "Pop" IJm Yeng I Jang except that he «U a iter centreforward a long time age and that be is the eldest active football faa, what would yon think if yea saw a bag
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  • Page 11 Advertisements
    • 236 11 THE FIRST INTERNATIONAL RUBBER AND PLASTICS EXHIBITION FOR ASIA WORLD TRADE CENTRE. SINGAPORE. 26-30 MAY 1980. Every year, thousands of new rubber and plastic products enter the market Whether tor use in industry or the home, every product reflects some new development in engineering or marketing expertise It you're involved
      236 words
    • 196 11 RETURNING OR RETIRING TO THE U.K.? FINANCIAL INTERESTS IN THE U.K.? Six Questions Have you planned your return to Britain? Do you know the U.K. tax concessions available to you? Do you pay U.K. tax if you do, should you? Have you planned to reduce your Capital Transfer Tax liability?
      196 words

  • 723 12 Agencies FOREIGN ministers from 10 nations will start an important dialogue in Bali today aimed at helping non-communist South-east Asian countries face the challenges posed by the complex Indochina situation. The dialogue follows a three-day ministerial conference among Asean countries which focussed on
    Agencies  -  723 words
  • 273 12 THE current price of oil products in the Malaysian market will not rise for sometime despite the 25 per cent increase in the price of crude oil decided by the Organisation of Petroleum Exporting Countries (Opec) last week. Datuk Seri Dr Mahathir Mohamad said it was not
    273 words
  • 213 12 Reuter ARAB OIL state* are prepared to Invest to a US$59l bllllsn (SSI.M Wilton) ptoa to devetop alteraatlve eaergy snarees. Dr Ai-Oteib«, president sf toe Organisation sf Petreleam Exporting Csnntrles (Opee), into: "We are ready to participate la saeh a programme." Dr
    Reuter  -  213 words
  • 92 12 Reuter IRAN yesterday raised its oil prices in line with the increase decided at last week's Geneva Opec meeting, pushing the price of its light crude to a maximum of US$22 (Ss4B) a barrel. A spokesman of the National Iranian Oil Company (Nioc) said Iran decided
    Reuter  -  92 words
  • 253 12  -  By TSANG SAU YIN CYCLE and Carriage opened its first suburban showroom at Marine Parade yesterday, marking the company's new marketing strategy to "serve the people and go where they are" in the words of Mr Chua Boon Peng, chairman of C and C. The
    253 words
  • 869 12 PROPELLED by high commodity prices and the increasing output of crude oil from fields off the Malaysian east coast. Peninsular Malaysia's trade surplus for the first four months of this year took off like a rocket to an all-time high of M 51.38 billion.
    869 words
  • 248 12 DISCUSSIONS on important issues related to tin are expected to figure high on the agenda of the talks between Indonesian Mines and Energy Minister, Dr Subroto, and Malaysian Primary Industries Minister, Mr Paul Leong. this week. Dr Subroto, who is visiting Malaysia at the
    248 words
  • 135 12 CHINA'S parliament ended a two-week session by electing three new vicepremiers, all economic experts. The new additions to the state council (government) were seen by diplomats as reflecting the nation's determination to tap the skills of technocrats to the utmost. The election of the three men wilhalso
    135 words
  • Page 12 Advertisements
    • 149 12 W Diethelm office chairs Elegant impressive Functional and Comfortable True to Swiss tradition Every detail has been perfected to spell out quality Sophisticated chairs, built to suit the individual s posture For easy height ad|ustment chairs come with finger-tip control, either hydraulic or mechanical The 5-prong base of die-cast aluminium
      149 words
    • 92 12 JONES LANG If you have real estate to develop We offer you practical professional advice on market trends and development opportunities. Mr If you're tired of waiting for a tenant MAKE A We can show you ways to find tenants, improve your rental income and manage your property. ft If
      92 words
  • Page 12 Miscellaneous
    • 59 12 Outlook tor Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Report for 24 hours prior to 7Jt p.m. on July 1 at the airport. Maximum temperature 31.4 Associated humidity 62 Minimum temperature :22.1 Associated humidity 94 Hours of sunshine 9.45 Rainfall in millimetres Nil Total rainfall for the
      59 words

  • SHIPPING TIMES
    • PORTSIDES
      • 49 13 THE Telecommunication Authority of Singapore (Telecoms) announces that the telephone service number '905* for VHF ship-shore radio-telephone service has been changed to '105'. The new service number '105' will be routed via Telecoms service tandem which is specially designed to cater for all the special services.
        49 words
      • 62 13 AP MITSUI Engineering and Shipbuilding Co. Ltd. said on Saturday it has delivered at its Tamano works a 32,776-deadweight ton cargo ship, Barber Nara, to its owner, Brostroms Rederi AB of Sweden. Mitsui said the Barber Nara is the fourth of seven ships ordered by and delivered
        AP  -  62 words
      • 118 13 Reuter A TANKER carrying 99,500 cubic metres of Liquefied Natural Gas (LNG) ran aground last night off southern Spain after avoiding collision with another vessel, a spokesman for the tanker's operators said on Saturday. There were no reports of leakage or pollution from the 66,807-tonne El Paso
        Reuter  -  118 words
    • 570 13  -  By GOH ENG KEE CHO YANG Shipping Company, a national line of South Korea, has joined the ACE Group, which groups five member-lines of the Far Eastern Freight Conference (FEFC) in a cargo pool arrangement on their container services between the Far East
      570 words
    • 169 13 AMERICAN PraMcat Lines (APL) will begla direct cNtalatr iervk* to Dabal m the AraMaa GaJf replacing calls at the nearby Part sf Sharjah. The sew APL service started yesterday wttfe the arrival «f the PrfUemt If we raft la Dshal. APL has ladleatod
      169 words
    • 194 13 THE FIRST upside-down ship to be built for the Royal Australian Navy is starting to take shape at Newcastle, north of Sydney. It is the AJ4O million (Ss97 million) troopship HMAS Tobruk, being built in 14 modular sections by Carrington Slipways Proprietary Limited. Each modular section
      194 words
    • 1619 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 Port
      1,619 words
    • 529 17 ShlppUg Line Page CM ACS n 5 Afea IV 3 Alpac IV 5 Angkutan V 2 ANL i 1 APL m 2 Arya Nat n 5 ASCL m 5 Aust Cont IV 5 Bank n 5 BBS n 2 Ben Asia in 3 Ben m 3 Ben Ocean m
      529 words
    • 1344 18 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 during the
      1,344 words
    • 801 18 THERE IS a well-estab-lished, if somewhat diminishing, practice for merchant ships on scheduled itineraries using UK and north-west European ports to carry pilots on narrow sea passages. These pilots may either be specialist deep-sea pilots holding certificates granted by one of the principle
      801 words
    • 130 18 AP NORTH American grain remained the star performer of a still very firm London freight market on Friday as Trans-Atlantic voyage fixing stepped up. Continental grain worked a total of 24,000 tonnes from the Great Lakes and St Lawrence to Holland aboard the Union Progress in a July
      AP  -  130 words
    • 848 18 Lloyd's List BRITAIN'S balance of payments will be pat under further pressure if the decline in the UK-flag fleet 2* per cent in the last three years continues, the president of the General Council of British Shipping, Mr David Ropner, warned. The government,
      Lloyd's List  -  848 words
    • Article, Illustration
      199 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Dove (Tanker) (after Accord subject gas free P/ O) 15/16 Hong Chun (after Santiago Del Estero) 38/39 Lilac Star (Ro/Ro) (1100) 47 Marie Bakke (after Turkmeniya must sail not later than 1100/sth) 1/2 Nedlloyd Nagasaki (0600 after Nedlloyd Kimberley) 3/4 Perlis (1800
      199 words
  • Page 13 Advertisements
    • 478 13 Europe Our Next Loader Port Kelang: ILL 3/7 Singapore: For further details, see page 3 JAR DINT AN I AH Orient Overseas Co*tlcu*ieA Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) xottw iacewon 3*r* 7 SSST *1 17 5 1 1 3 8 48 88 XmI?C*FISH 21 7 ?2 7
      478 words
    • 101 13 I Si SEALORD ANTAH UASC UNITED ARAB SHIPPING CO (SAG) ■ARABIAN GULF WEEKLY SERVICE! j RED SEA DIRECT SERVICE Vessel Is'porel Loading for LAND Customer Service Bookmy *****22 Terminal *****53 *****37 I DEPARTURE TO USA CANAOA ANO CARIBBEAN CLOSING EVERY FRtOAY Cf S 5.00 Ml CV 10.00 I DEPARTURES TO
      101 words
    • 336 13 NOL NEPTUNE ORIENT UNES LTD ,4 Kbw| Bftm A»*rp 6 hi', Mr 73 My 25 My 27 My 2t My 31 My 12 toil 30 M; 'hit- 1 Am( 5A4 17 M, 3<U( 5A4 iM 9*« c 11*«( 22 My 7*4 I*4 9*4 13 *4 M*4l6 *4 30 tot, 16
      336 words
    • 603 13 > d\\ os< Australia Our Next Loader Port Kelang: VI Singapore: For further details, see page 3 MAERSK LINE For US PnAc. Pwhc Norm MMI tMc East Cauda FUUT CONTAWMD FAST OMECT K»U and Meico (Also accept** tor Hongkong. Taiwan lapan and Korea) Sfapore CJos*>g T.mes *CY I My 0700brs
      603 words

  • Page 14 Advertisements
    • 700 14 FIULT CONTMOUSED TO EUROPE EXPORTS EXPRESS CONVENTIONAL TO EUROPE Sport PKelanf Ptn BRbao Genu HTwrj Bremen Rdam Antwerp Mosebton 17/7 19 7 18/8 10/8 25/8 19/8 21/8 23/8 Rejenstem 21,7 23/7 8/8 2/8 19/8 17/8 l«/ 8 12/8 FULLY CONTAINERISED FROM EUROPE MPORTS HK T« Ttkye/ *obe Bus* Thama 6/7
      700 words
    • 450 14 jit barber blue sea From: US ATLANTIC US GULF I EAST CANADA Baiter Tata Barter Tamterf 232! i\m tet t*/n m 21/30 My 2S/27 T N«xt Arrivals: "MELAMPUS" July 7/8 at BARBER LINES TERMINAL GOOOWN 47. MELAMPUS" My 7; "BARBER TAT" My ll.' MENELAUS" My 23, "TSU" My 31 N»
      450 words
    • 669 14 EVERGREEN LINE I r FAR EAST EUROPE EXPRESS EUEI CONTAINER SERVICE 1 ACCEPTING CARGO FOR HAMBURG. FELIXSTOWE ROTTEROAM ANTWERP LE HAVRE ALSO ACCEPTMG CARGO FOR UNITED KWGOOM SOUTHAMPTON LONDON MANCHESTER BIRMMGHAM BRISTOL LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM S p«r< HMtavf Frintom MMarta* Mwarp U Hnn W* khri
      669 words
    • 932 14 I V Everett Lines Burma Fivi Star Shipping Corpn. BURMESE NATIONAL LINE' LOADING FOR RANGOON HTANTAWTIM. PAGAN Saifapore m 303/4 My S/7 July BFS S C m Moloyvo TEPS MALAYSIA Port Ketong Tel (38K7355 Penong Tel *****/***** Compania Argentina Da Navagacion Intercontinental S. A. C.I. F. "ARGENTINE NATIONAL LINE" LOADING
      932 words
    • 644 14 OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSE SHENTON WAY MISTRI ROAD %INGAPORE 2 TEL *****44 7& *****70 lESI SANKYO LINE AUSTRALIA SERVICE matsky DIAMOND SIM. YUE RIVER P. Kelang Singapore 5/5 My 3/4 My 15/17 My 18/20 My 23/25 My 20/22 My ludn( tor: SYD
      644 words

  • Page 15 Advertisements
    • 904 15 Overseas I IJ I Containers Limited Weekly service to/from UK/Europe To UK/Continent S'pn P Kriang D'mart Br mi A'wp It Him U. EfteMara «W 27 M 29 M 34 M 1 ft* 241 Osaka Bay )M 21 M 30 M 26 IM 3 tag 4* Inarpoal Bay 11 M 13
      904 words
    • 1062 15 GRANARD LINE NONNEST BOUND-FAR EAST/MEDITERRANEAN UK MM FUME *71*.. HV. MM KM VJM Sptrt PKtiang Ptnang km M». KWONG FWK 30*. 31 Aug mi wssas accept* contuo cmco MMi/P SaM/Afeiandria Btirgt LattaAia/Pirtaus P Sad Altiandna Beirut' I attaAia Pireaus leddah P Sad/ Beirut, lattakia EAST BOUND4CDfTERRAICAN/FAR EAST M« KNOW FUN
      1,062 words
    • 611 15 KPT* BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE TO OMU ffcr Maru Osaka Bay Liverpool Bay BmaMtr HamCnir| Eiprtss Btnaron Tokyo Bay Cardigan Bay Tokio Etprtu FBOM EUROPE: H'BUKC SHAVEN ft DAM HAVRE SOTON Itrmany Austria BeiMiu Franct A» UK P KaU* S port Ftr BtnaMar SaM SaM SaM
      611 words
    • 666 15 Scan Dutch 9 pi i :<Vf i nwu mima w j pat i. 11: i»a 4 >7i 11 :»i: i:I»; I nuMcau Mad MUM VT CUMOU 7/7 mi rOMM FtMcoa i«/ 7 a nn EUAMM n/7 sum fmncbca a/? mom n/7 ELEAMBU VI MM MM '/I FtMKHCA IVI KB OtMt
      666 words
    • 662 15 BOUSTEAD AGENCIES THE BANK LINE LTD. FMOOMDI Reunion (Mm. Ctown ft. I L«n) S pore 24,78 Aug P Ae<ane?9'3l Aug f ROM CAST t SOUTH AFRICA A USSR. Penang P Kelang FOR BANGKOK MANILA Spore A«| U.S. GULF COAST SERVICE (New Orleans, Mobile, Houston, Galveston) 10US£ LTKES (loads) ELIZABETH LTKES
      662 words

  • Page 16 Advertisements
    • 1075 16 •iKLINE KAWASAKI KISEN KAISHA. LTD. fcUROPt FXF'WSS SF R VIC F HK CONTAINER rtW II July MERCATOR 12W 0 CHICF 15W SS BRIOCL 22W TO EUROPE P Kelang L Hanre Rdam 22 July 23 July 30 July 4 Aug 16 Aug 21 Aug 28 July 31 July 2 Aug 5
      1,075 words
    • 767 16 U.S.A./EAST CANADA SERVICE PtMi* Idnw P Muot S«c*«ye E.C./GREAT LAKES SERVICE LOAORK FOR: TOM. NOVAK MONTREAL. TORONTO Penanf BMwki P. War* Smpport' vbmja itr tcafc cHuf*) n/ifut 21/24 Mr 20/22 Mr "A wssn is/It Au| IJ/M Aut 10/12 CALIFORNIA/PACIFIC NORTH WEST SERVICE Lu*X tor: LOS ANGELES. SAN FRANCISCO. SEATTLE. TACOMA.
      767 words
    • 668 16 (.roup SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FtOOH OCtAN BUILOING SINGAPORE 1 MAR* t TING *****? (3 LINESI GENERAL 91 Jl 11 11 4 LINE Si TELEX RS 2459S RS 2SS6B A B CARSMIP •CABLE CARGOSMIP SINGAPORE ISL ANDS I INF MIDDI.t HAST Rt i.L LAR IJ.XtR A SAFE WAV
      668 words
    • 656 16 W(Q.7 MALAYSIA* IHTfHNATIONAL SHIPPING CORPORATION BfPHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA 1) Mairoo Stockholm Oslo. HMsmlu. 2) Copenhagen Aarhus. 3) Bremen 4) Antaerp Amsterdam UK. S) Basle Bordaaui Also accepting intermediate cargo to Hongkong 8 Japan EXPRESB CONVENTIONAL SERVICE TO UK/CONTINENT I bM 4/5 Mr Btona 19/7. Cdrtlldon 25/7.
      656 words
    • 838 16 j INTRASEA (PTE) LTD Faber House. 234E Orchard Road Singapore 9 Telephone *****11'*****57 m REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S'poro P. Keiani Penang Loadwg far. RATNAMANORAMA N842 4 Jul 6 Jul Art*)/Boulogne EVMAR M 845 22 ki 24 Jul Boulogne; Rdm Avon(UK) Agents Sngapore MTRASEA (PTE) LTD *****11
      838 words

  • Page 17 Advertisements
    • 354 17 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG I I GENERAL AGENTS SUB-AGENTS: L.N. SHIPPING PTE LTD H.S.H. (M) SON BHD Tel: *****11 (Singapore) Tel: *****3/*****7 (KL) TLX R*****7 *****6 (PT. KELANG) *****2 (PENANG) SHARJAH SHIPPING CO. LTD 4 5.j*- _r* (UNITED ARAB CMIRATFS> S pore P Kelang Penang Loading tor GULF
      354 words
    • 391 17 V P.T. PERUSAHAAN PELAYARAN *3 ANGKUTAN PERTAMBANGAN THE OUT SMGAPORE VOOfCSU CONTAKR FEEDER SERVICE AUTHORISED BY KWCSIA GOVERNCNT WITH FULL CONTAMI KSSQS EACH CAMTMG 112 VESSEL TAMBANG W TAKARII ALSO ACCEPTING CARGO FOR INDONESIA GOVERNMENT PROJECT ANO HEAVY MACHMERIES TAKARI IV. TAKARI W SINGAPORE LOAWNG FOR 17/7 JKT 13/7 JKT
      391 words
    • 291 17 CEYLON SHIPPING CORPORATION National Line o' Sri Lanka WORLD 1-5T LINE otrks kgulm soma mpm honborc st«mts Sport PMIANG OWMRD U MM M 7/1 fIS 'VH M. 14/17 1 M 20/21 »IO LAKE 141 M 24/25 M 2«/27 S*>gopof« G« kftnti •»fw express m ire 544 Mm Hmu SkOTta* Rj,
      291 words
    • 377 17 CHINA OCEAN SHIPPING COMFttNY •Tone fear* Nm( Tine Acceptnf AGENTS UKC SOtWCE f AEIANG PENANC 10A0MG fOK 25/27 My Rotterdam, Hartwj 27/29 My London/Anhmp Rotterdam Hambwj ICHTEMtMtiMI gj> SOtWCt 25/29 My Barcelona Mane** Genoa Chung Chtoo Shaping Sdn Bhd Port Kelong Tel *****6, *****8 Penong Tel *****, *****7 P lIAN
      377 words
    • 340 17 CELTIC BULK CARRIERS in Smith I nnd Irish Shifprng I ,ct Regular Bulk Service For Timber A Plywood Spore P. Ketang Loadng for FIONA N (WY 2) 5/7 7/7 NANTES HOLLAND MSHCEDM (*OY 3) 22/7 24/7 NANTES HOL TIL (VOY 3) 22/7 24/7 NANTES HOL TIL I POfN PHIRi ifj
      340 words

  • Page 18 Advertisements
    • 58 18 ANNOUNCEMENT SINGAPORE-INDONESIA SERVICE BUNKER SURCHARGE Resulting from significant increases in the prices of bunker fuel recently, Members have been informed by circular 39/3SS/111/79 dated 3rd March 1979 to impose a bunker surcharge of Sss/- per freight ton. Those who have not imposed the •u surcharge are reminded to do so,
      58 words