The Business Times, 13 June 1987

Microfilm: NL15852
Total Pages: 16
1 16 The Business Times
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  • Title Section
    Masthead
    13 1 BUSINESS TIMES M.C. (P) No. 112/12/86 Weekend Edition, June 13-14, 1967 75 CENTS
    13 words
  • Article, Illustration
    FINANCIAL NEWS SUMMARY
    190 1 THE Singapore dollar finished firmer yesterday againat the greenback at $2.1090/1100 ($2.1106/15). The local currency also closed atronger against the M$, HK$ and yen, but ended aofler against the Swiss Franc. DM and US* 142.80/90 yen, 1.7940/50 DM, $$2.1085/95 ft US$1.6620/30 M$« S$0.8470/80 Ovmmm marMi HK Hang
    190 words
  • Article
    Lum Chang and Ambassador draw keen interest
    384 1  -  ■y ELAINE KOH AMBASSADOR Holdings and Lum Chang Holdings stole the stock market's attention yesterday as speculation brewed over price-aensitive developments involving the two counters. The rumours ranged from the possibility of a bonus issue from construction-based Lum Chang to a takeover bid
    384 words
  • Article
    Purchasing cashier's orders through ATMs
    495 1  -  DBS Bank's new service for share issue applicants By ALVIN TAY, Banning uorrstponosni DBS BANK, the Republic's moat active manager of new share issues. yesterday launched a scheme which allows its customers to buy cashier's orders through its automated teller machines (ATMs) when applying for
    495 words
  • Article
    Lock icon Signs of recovery in manufacturing, says Japanese central bank
    260 1 AFP THE APPRECIATION of the Japanese yen has continued to have adverse effects on domestic manufacturing, but the non-marv-ufacturing sector has begun to show signs of recovery, the Bank of Japan said yesterday. The central bank said its quarterly survey of
    AFP  -  260 words
  • Article, Illustration
    Lock icon Thatcher's victory sends shares soaring
    442 1 Reuter CONSERVATIVE Prime Minister Margaret Thatcher's election win sent London's stock market soaring yesterday morning. When the day's official trading session began, the Financial Times-Stock Exchange Index (FTSE) of 100 leading shares leapt 44.4 points to a record 2,293.7. Earlier, market-makers in British government bonds
    Reuter  -  442 words
  • Article, Illustration
    Hiccups in the market and power supply
    240 1 THE SINGAPORE stock markat cloeed on a mixad note for tha third conaacutiva day in laaa active trading yaatarday, in part due to a power dip which caueed a computer failure. While rotation of buying interest was evident, recently atrong gainers were still
    240 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      202 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM INSIDE OUR VIEW A STANFORD UNIVERSITY DOCTOR has provided some research evidence to support what nobody has questioned that laughing Is good for you. Would some enterprising entrepreneurs consider starting a laughter consultancy business here! It's no laughing suggestion. If taken seriously, the local
      202 words
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      Page 1 Advertisements Column 2
      4 1 8m Focus, Pag* 4
      4 words
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      Page 1 Advertisements Column 3
      197 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Sprouting haalth Page 9 The name of the rose'— Pag* Torok lah, it's the play 'Army Daze' Page 10 TV programmes for today and tomorrow Pag* It Boer War, Confederates and jihad— Page 10 The best hawker food without all the hassle Fags 10
      197 words
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  • HOME NEWS
    • Article
      Compaq Computer starts up Singapore subsidiary
      397 2  -  By CHARLES SAVAGE PLANS TO GET more companies to use Singapore as an international procurement centre were given a boost by Compaq Computer Corporation with the opening yesterday of its first overseas factory here. Compaq Asia, the Singapore subsidiary of the world's largest manufacturer
      397 words
    • Article
      Sony plant starts up ahead of schedule
      264 2  -  By ANNA TEO SONY'S $35 million precision engineering plant in Singapore started operations last week, about a month ahead of schedule. Some 70 workers have begun work on injection moulding at Sony Precision Engineering Centre, said managing director Mr Kazuo Mihara. A further
      264 words
    • Article, Illustration
      Watching movies on your Walkman
      192 2 MOST OF the Sony "wonder marvels" on display at the Westin Stamford yesterday have yet to leave home ground. But this particular one (above) has barely left the Sony research laboratories. If plugging into your own world of music is standard fare now, stand back
      192 words
    • Article, Illustration
      It is possible to turn vision into reality
      322 2 DREAMS OF YESTERDAY'S men of vision are fast becoming realities. Likewise, Singapore's vision today to be a nation of excellence can become tomorrow's achievements, said Dr Yeo Ning Hong last night. It can, "if we can muster the same courage and be
      322 words
    • Article
      Asean backing for Mahathir's candidacy
      230 2 ASEAN HAS OFFICIALLY endorsed the Malaysian Prime Minister as its candidate for the president's post at a coming international conference on drug abuse and illicit trafficking. The backing for Datuk Seri Dr Mahathir Mohamad was disclosed in a statement yesterday by Singapore's Foreign Minister S
      230 words
    • Article
      Joint venture to tackle problem of concrete repair
      145 2 A JAPANESE COMPANY specialising in concrete repair and maintenance is setting up a joint venture company with a local firm to do business in Singapore. Called Sho Bond Construction Singapore, it is set up by one of Japan's largest concrete repair and
      145 words
    • Article, Illustration
      Fine-tuning a career to the point of perfection
      231 2 UNUKE HIS CHIEF Akio Morita, the feisty and vibrant chairman of Sony Corporation, Sony president Norio Ohga, 57, does not have a science background. He studied at the Tokyo University of Arts and Berlin's Kunst University, and became a professional singer. At
      231 words
    • Article
      Shell raises wholesale prices of petrol
      218 2 MARKET LEADER Shell has nudged upwards its wholesale prices for premium and intermediate grade petrol and reformate naphtha. Shell, in a statement released yesterday, announced adjustments upwards of US 1.5 cents in the wholesale prices (postings) for both its premium and intermediate grade petrol
      218 words
    • Article
      Hotels offering new packages to woo patrons
      493 2  -  By JOHN TAN NEW-BORN BABIES have joined the list of people considered by hotels to be their potential "customers". Their parents pay the bill, of course. The new-born's attainment of the first month has always been a reason to celebrste. Hotels in search
      493 words
    • Article
      SHIPS IN PORT
      1153 2 AT CON ..Ml 1 VMMl M 1 Arrival D1(lartull KEPPEL WHARVES Auby K2SE alongside 13.*****0 Cottbus K28 alongside *****600 Daryvnshon K19 alongside 15.*****0 Esmeroldo Fengyong K36 olongside 15.06/1100 K20 alongside 14X16/2300 Inobukwo Kl? olongside 13.*****0 Koto Express K32 olongside 13.06/1500 Koto Nogo K31 olongside *****600 La Vleen
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  • Page 2 Advertisements
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  • OVERSEAS
    • Article
      Lock icon Philippine land reform plan criticised
      431 3 Reuter THE PHILIPPINES'» proposed land reform programme may •cara away entrepreneurs by limiting land holdings to seven hectaree, the head of the country's state-owned Land Bank said on Thursday. Deograciaa Vistan said in an interview that the government should move ahead with a distribution of
      Reuter  -  431 words
    • Article
      Lock icon Manila needs more investment — study
      237 3 Manila needs more investment study Reuter SEVERAL policies adopted by Preeident Corazon Aquino'a government over the past year may spur trade, but inveetmente needed to auatain the Philippines' economic recovery are slow in coming, a study by the US Embaaey in Manila says. "While a recovery is clearly under way,
      Reuter  -  237 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      821 3 ARRIVALS Operator 99mCS llwi# From AC OA HA GU SA 9A SA SU THAI MAS GU SA SU GU SU SU SU GU SU SU SU THAI SV THAI CPA IOM MAS MAS GU Al MAS M CAAC SU UTA SU SU SU SU GU GU SU
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    • Article
      Lock icon EC dismantles eight trade restrictions
      478 3 FT A BELGIAN diplomatic <*- tmdvt ikncd it tsddlng i serious backlog of mea•urM for dismantling EC internal market barriers succeeded in scrapping eight fr#« trade restrictions on rvoanasoay. A mooting of community international trad* ministers in Luxembourg ■greed on e major proposal to set
      FT  -  478 words
    • Article
      Lock icon World growth inadequate, says UN
      245 3 Reuter A UNITED NATIONS report on the global economy aaid on Thursday that expansion is not happening fast enough to end high unemployment in induetrisl nations or raiae the standard of life in moet of the Third World. The annual UN Economic Survey aaid growth
      Reuter  -  245 words
    • Article
      Lock icon Financial world upset by Reagan's dollar comment
      505 3 UPI PRESIDENT RONALD REAQAN shook finsncial markets on Thursday with an offhand remark that the dollar could fall further "within reaaon". The White Houee quickly attempted to clarify the statement. Mr Reagan made the comment at a news conference leee than 24 hours
      UPI  -  505 words
    • Article, Illustration
      Lock icon Moved by a Newtonian slip-up
      657 3 AP PHYBICS STUDENT Robert Qariato didn't move heaven and earth, but he did find an error in Sir Isaac Newton'a Principle that had gone undetected eince the maeter laid out tha lawe of motion and hia theory of gravity 300 years ago. What goaa up
      AP  -  657 words
    • Article
      Lock icon Japan-Latin America trade down in May
      425 3 UPI REFLECTING sluggish economies, trade between Japan and Latin America declined substantially in May and prospects tor recovery are dim at preeent "In view of the sluggish production activity in Japan, there are tow encouraging factors for a remarkable upturn in imports from Latin
      UPI  -  425 words
    • Article
      Lock icon Libya to help Vanuatu
      75 3 UPI LIBYA, preparing to establish an embessy in Vsnustu, will provlds security training to some of the tiny South Pacific nation's police, said Prime Miniater Walter Lini yesterday. Two Libyan foreign ministry officiate arrived in the country on April 26 to open bank accounta and scout
      UPI  -  75 words
    • Article
      Lock icon GDP growth of 1.5pc forecast for France
      255 3 AFP FRENCH groaa domeatic product should grow by sbout 1.5 per cent next year, while the Job market will continue to worsen and household purchasing power will rise leea rapidly, according to forecasts issued by the Office of Economic Information and Forecasts. Ths
      AFP  -  255 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      59 3 'I Y Jb If I The business person's choice, every I I II I II I Tuesday, Thursday, Saturday and I y Mm l I I I a Sunday. Leaving Changi Airport at -L _L 22:05 hours and arriving at Lester B. Pearson International Airport the following day. Call your
      59 words
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      Page 3 Advertisements Column 2
      106 3 :>@|.-_{[=+<`-')^;`$$=?__<!^=`| NOW FOR A LIMITED PERIOD ONLY Stay two nights with us and enjoy... An extra night free OR A Ss7s gourmet meed at no extra charge Coming home at *Ss7s++ gets even better! When you stay with us for two nights, you can stay on for a third night
      106 words
  • Page 3 Miscellaneous
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  • FOCUS
    • Article, Illustration
      Thatcher sweeps back
      675 4 BRITONS have voted for the continuity and pragmatism that Thatcherlem represents, forcing a traumatic defeat on the Labour Party. In the process, the centrist Alliance of the Liberals and the Social Democrats, too, stands In danger of passing Into political oblivion. These Reuter stories tie together the
      675 words
    • Article
      Future of centrist Alliance in doubt
      306 4 BRITAIN'S csntrist Alliance, which plunged into the election campaign vowing to breek the country's two-party systsm, emerged yeeterday shattered, its leedership in tatters and its future in queetion. Rather than breaking the mould of Britieh politics, ths mould has broken the Alliance. The Liberal-Social
      306 words
    • Article
      Labour in for hard times after heavy election defeat
      452 4 BRITAIN'S opposition Labour Party, trounced by Prima Minister Margaret Thatcher's Conservatives despite fighting a spirited siaction campaign, now looks sat tor a period of trsums and possible internal faction-fighting. Although Labour leader Nail Kinnock caught the Conservatives off guard with a
      452 words
    • Article
      Reagan and other world leaders hail win
      397 4 PRESIDENT REAQAN yeeterday M warm cooQrttulttioni from wofio iwo6rt to mm# Minisisr Margaret Thatcher on eeoiiring a further tarm of power in Britain. Britain's main partners in Europa and tha US generally hailad har iandalida general alaction triumph as pood naws for Europa
      397 words
  • COMMODITIES
    • Article
      Palm Oil
      433 4 Crude palm oil fuluree finished easier in moderately active trading on the Kuala Lumpur Commodity Exchange yesterday. The market opened higher in line with steadier advicee from the Chicago Board of Trade but towards the afternoon, selling pressure took values down. Cash brokers were particularly selling on reports
      433 words
    • Article
      Wheat
      94 4 WHEAT FUTURES in Chicago on Thursday ciosad mixed in light trading, ranging from off 1-1/4 US cents in the nearby July to up 2-1/2 cents in distant May. July doeed at U552.66-1/4. lowa Grain sold July, Refco sold September and Carglll bought July. Corn futures added to modeet gaine
      94 words
    • Article
      Soybean
      99 4 SOYBEAN FUTURES in Chicago on Thursday cloaed 6-1/4 to 16-1/2 US cents higher, but off the day's highe In active trading. November cioeed 14-1/2 cents higher at U556.64-1/4, 4-1/4 cents off its high. Prfcee surged in sympathy with sharp gains in soymeal futures. Cargill and AOM aold July on
      99 words
    • Article
      Oil and Products
      80 4 EAST ASIAN petroleum products were mixed in thin trade. Fuel talked slightly firmer for prompt oil. LSWR firmed on fresh trade. Naphtha was weak and lifeleee. Qaaoil and kerosene were quiet Cruel* (FOB origin) USI/borrai Ownge DoM IMyl WW T*M> 17.M «<di WT1 (My) 1943 +003 Products
      80 words
    • Article
      Produce Prices
      257 4 ChlfMM Product SM noon do** prtea 0 OR AM 12 ISI/100 kg) Coconut oil m rot 90AO OM drvm KM 1004)0 Now dram FOt 104X0 Copra AMxod Doom) 52 aoton Poppor rot niw f J, *****)0 JOf QWCJ* wTMV rot faq NIW *****)0 Modi rot NIW 932-50 Sorawok
      257 words
    • Article
      Precious Metals
      259 4 HOfMKONO: Qok) cloeed lower in fairly quiet trading. It ended at U*****.90/80 an ounce, down from the opening U*****.20/70 end New York'e cioee of USt4CS.eiyUBl464.lo. On the local merket, it cloaed up HK$45 at HKS4.2S2 a tool. Coine were higher with the Krugerrend up HK$46 to HK53.560 (about
      259 words
    • Article
      London Markets
      338 4 London Commodity Exchange kryer/SeHef daring f trie* on Juno 11 (ft/tanm gnh Mi PrtvloMi dodng pricw n M- i In COINS Boris In-itofo London* OF London Mian option My 1900/1902 (1245/1244 K#gh/Low 1309/1276 W 1315/131• (1302/1304) Ugh/Low 1324/1293 Sate* (2619) COCOA *4y 1246/1244 (1250/1252) H^h/low 1251/1244 5*9 1225/1226
      338 words
    • Article
      KL Tin
      69 4 THt KUALA LUMPUR Ha mtohnufi* «I Thursday's MtlMO par Idto doaa, In qatat and b»W tradbig aa Mpport agrood todtM Mi «I Hi* opening prlc* of ■"•mjl t fi ta! Tho'SladT wyfcX wa> iss»*dyii'wi'fi! European local 4#* m *Srroncy lacier* hod M•o Impact oa flia market as Mm
      69 words
    • Article
      Rubber
      267 4 SMQAPORE inf mirw CKOTQ ntyrmr yssterdsy with July 1 RSS buyars quo tod at 212.00 cants/kilo, up two cants from Thursday. Soms trsds sslling snd long liquidstion csusad pricaa to tall ona cant in quiat morning ssssion. But ths msrkst rsboundsd in tha afternoon whan wsskand short covaring and
      267 words
    • Article
      RAS and MRELB
      246 4 RASprtc# S kit* MM*,N IkWM NOON CLOSE tat 1 RSS pfmpt ***** *****N ***** *****N Ml ISSMyT ***** 2094)0 2124)0 ***** tat 1 RSS Aug 207JO 20t4)0 ***** ***** tat 2 RSS Of 2000Q 2024WN 202-50 204JON to 3 RSS or ***** 1974XJN ***** *****N tat 4
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    • Article
      SSR and SMR
      71 4 I-*" RA8 ss> JUT 87 (currant monrti) NOON 110-90 1I2J0N AUGUST 87 li- J rOrwOTO IPMWI) NOON 1MJ0 1S2J0N M 90 17V JO iMJON 17»J0 IMJON MRELB SMI CV ***** *****N jlOuOQN SMI I 7ff 1W 2SOOON ***** 299J00N IM 5 210J0 230J0N 21»J0 221 JON iMor
      71 words
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  • BANKING AND FINANCE
    • Article
      Simex/IMM
      599 5 SEPTEMBER Suretfellar traded tideway» in quiet trading in Singapore yeeterday after opening on a positive tone at 92.32. Market activity ranged between 92.34 and 82.31 in the September contract with trader» mainly on the sidelines awaiting the reieeee of US trade figures for further direction. Liffe session saw prices
      599 words
    • Article
      Money markets
      57 5 THE OVERNIGHT rat* on the Singapore interbank market closed unchanged at 6 per cent yeeterday. One month roee point. Two and three months each gained 3/16 point S$ Interbank rat*$ at 7pm y«st*rdays arm md OmMi 5* 4 S/U 4 3/U 2-m* 4 1/2 4 3/i 3 —n*
      57 words
    • Article
      Asian dollar market
      286 5 ASIAN DOLLAR deposit ratee cloeed little changed from opening levels in quiet pro-weekend trading yesterday. News the ruling Conservative Party was returned to power for s third term in the British genersi election had been largely diecounted by the market Period rates wsre steady to slightly lower
      286 words
    • Article, Illustration
      World interest rates
      177 5 hwHcatea average of the prim* tending rate* of 12 major banks In Singapore 1 -1, inwroi ink martot n itti (off«r/bid) on Jun« 12 us$ DM SWFC Y«n 7 iayl 7/9 V4 1/4 l/» 3 t/14 7/14 I7/I-I/I 3 7/14 IS/1* 1 a* 7 i/« 7 IV'*
      177 words
    • Article, Illustration
      Lock icon Central bankers meet on world economy
      789 5 BIS meeting unlikely to resolve problems Reuter CENTRAL BANKERS from mora than 80 nation* meet in Switzerland today to consider what they can do to help a troubled global economy, but their message may be that they feel their hands are tied. The Venice
      Reuter  -  789 words
    • Article
      Trading in Nikkei futures hits record
      113 5 TRADING VOLUME tor Nikkei Stock Average futures at the Singapore International Monetary Exchange (Simex) hit a record yeeterday with 3,103 contracts. This was the first time the volume exceeded the three-thousand mark in a aingle day. The previoua record of 2,051 contracta waa set
      113 words
    • Article
      Lock icon You can't make a phone call with that coin
      260 5 Berneme MALAYSIANS will no longer be able to uh Singapore coin* for feeding phone boxee or perking meters or any other such purpoee in the near future. And neither will they be able to uae Malaysian coins for coin-operated machines in
      Berneme  -  260 words
    • Article
      Lock icon Chemical, First Interstate set aside US$1.6b for possible loan losses
      295 5 Reuter CHEMICAL New York Corp and California's First Interstate Corp have set aaide a total of US$l.6 billion for posaible losses on foreign toene joining the list of US benks which fear some of the credit given to developing countries
      Reuter  -  295 words
    • Article
      Govt securities market
      57 5 Treasury bills (mo* nem IIMUM) tou* cod* Maturity Yostordoy's yW*d MD orm 1Q ***** A 10.9.87 2.65 2.55 IS ***** E 10.12.87 2^3 2.63 Singapore ©o< irernmsfit Donas Issue Coupon Maturity If jt, IOpCOTTV# YMd oodo rat* dostog (< jfftrtd rate) prico N*****0Z 3-500 1.6.1989 99.***** 99.95
      57 words
    • Article
      Forex markets
      1089 5 SINGAPORE: Starling doaad slightly lower in light trading yaatarday whila tha dollar andad marginally flrmar against othar major currancias. Daalars said that sterling waakanad on profit-taking after naws that tha ruling Consarvativa Party had won tha British ganaral a (action and would hava a racord third succassiva term.
      1,089 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      126 5 PEAK HUA INDUSTRIES BERHAD NOTICE OF BOOKS CLOSURE Notice is hereby given that the Shore Transfer Books and Register of Members will be closed from 29th June 1987 to 2im! July 1987, both dates inclusive to determine shareholders' entitlement to the Rights Issue of 51,644,530 new ordinary shares of $1.00
      126 words
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      Page 5 Advertisements Column 2
      459 5 KIIUNOHALL (MALAYSIA) BHD. QnoofpofoMlnltalayri^ COMPANY ANNOUNCEMENT PMUMMABY RESULTS iMNd Id announce theoudfted rMuMi of tie Group for tie year ended KN December 1966 at tokowt.— ll.llJi 27 4M ***** Financial Charges Taxation Profit attributable to ÜbMiMub^Mib ATIMMITABU TOMAMNOIM Add Exkaordkiary Item MournomAnmiiAiUTo The Group resufis Incorporate t>e profit trom Southern
      459 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Foreign equity curbs approved by committee
      324 6 Reuter A US Senate committee has approved broed curbs on forsign purchases of American financial services compsniss as ths full Senate prepares to open debate next week on the entire trade bill. The Senate governmental affairs committee on Thursday approved an amendment to Its
      Reuter  -  324 words
    • Article
      Lock icon Simex-CME venture cited as model for futures industry
      174 6 Reuter THE WORLD'S securities end futures markets will grow together or they will not grow at all, according to Chicago Mercantile Exchange president William Brodeky. Addressing a world conference on the futures industry in London yesterday, Mr Brodeky said communication and innovation
      Reuter  -  174 words
    • Article
      Lock icon Wall Street closes with small gain
      410 6 Reuter WALL STREET extended its rally to a fourth straight mm ion on Thursday aa tha market cloeed with another small gain on light volume. Strong dollar and bond markets provided support, but many investors remained aidelined ahead of merchandiae trade and producer price
      Reuter  -  410 words
    • Article
      Toronto
      55 6 8 'h i F :1 M r* wnch 1 unch si I 4 K 15 Dom Tar.— r Doma Mlnaa. It FaM> LM T IK -X g :8 "I. Kft rsr aSSSrrSSm k»X"x Qu« ON Cm. M ir£ST u,Jn J M Tor Own tram Can Hps. Vartty Can. H&mrZ.
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    • Article
      Johannesburg
      150 6 mm SSee 1228 288 80 Ml 28 8 uneh USTMMJS AfeOTML m 1778 Vi >00 m_ :~mn +•80 ♦m MB •M M t uneh W&Stzz 2708 7428 Z.7Z1 IMM HZ 4*0 MM 8M -78 Curricnnanoa EiMri.... SdVe*. m i—848 Zlm Com QoM—~ Con* Mwrch. O* 0««r» Ortaa *Mk ♦M
      150 words
    • Article
      New York
      474 6 *tm 11 m i Ataan Aiamtn 31X Aloaa. Oft Aftaf M— 17 MM«| 42* Mrna&mm*. a Am Brands Inc. 48* Am Can Co. Aw Cymmti. as* Am Emg Par 27* Am Eapraaa.— Mt Ani Nana Proa. KM Am Motors Cp 4* Amax lac. 22 AmaradtHaaa. 38* Amaea Carp.
      474 words
    • Article
      European markets
      346 6 US sr r IJO .1 *1i *04 «40 -fill IB mah I4i -1.1 DJI MC* ImW t L70 44 KU M40 44 •wahnnan taam4a.il .M 41 gfiSi- ff" UHWV KWW Mtar. 47JO iU apwwt £Hi nrt,ri ,n,, .Z g*= r~~ ssrascrrizj wBBSizzzzr| u 2, 14 UN 41 140
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    • Article
      Lock icon IBM still close to Intel, say analysis
      101 6 Reuter INTERNATIONAL Duainaaa MacMnss Cofp's don ralaHonahip with inM Cofp will not ba aftactad by IBM'a dactoton to oat Hi aquHy Intoraat in tta Cali-fornian-baaad chipmakar, Wall Straat anatyats aaid. i "It's a puraty Wnanci+l daclalon." Painawabbaf analyst Andraw Ksaslar said of IBM'a
      Reuter  -  101 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      261 6 WiMtiyt w wtm. te aad «aMria «P WVf k The Enticing Sensation 0f... m »*O. 1 9 i;r V -«a* V O \v> <-V x. km* At Bovkvard Hotel's Cafe Carousel "i/. w f» »> MM. TO: *****11 II <* a i Mi; v»t -v «!r» 3 i hilt JlOas,
      261 words
    • Advertisement
      Page 6 Advertisements Column 2
      166 6 >)&(+:~@&"=,(&-%.[!$?^`&/`$(.>" U. 3 L i I With the dynamic Melody Band from the Philippines. At The Lounge daily except Sundays, Bpm lam. with an extra hour on weekends and eve of Eublic holidays. Happy [ours from 5-7pm dailj Third drink is free with every two similar drinks ordered./LOMHgp 270 Orchard
      166 words
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  • ASIAN STOCKS
    • Article
      Hongkong
      387 7 HONQKONQ: SHARE PRICES closed sharply higher yesterday with the landslide election victory of British Prime Minister Margaret Thatcher helping to push the Hang Seng Index to another record high, brokers said. The index surged 42.36 points to 3,129.88 while the Hongkong Index climbed 26.35 to 2,023.23. Turnover rose to
      387 words
    • Article
      Taipei
      207 7 JUM 12 AN Sinew* Mia..... HT9 4.30 J- 0.14 -OS •0.5 Kuochan Dav Laa Chang Yuan Cham Inoua 33.90 saoo -0.1 +ai Catwy Con*. aa.oo Uan Hwa Indue 24.00 •0.3 Chang Him Bw*..... 86.00 -0.5 Nan Ya Plaa... 39.10 -0.9 ChiaHain Camant... Chin Ham Flour .39.40 44.30 -a7 Pacific
      207 words
    • Article
      Tokyo
      484 7 TOKYO: SHARE PRICES firmed to their third successive record close yesterday on buying of export-ori-ented company shares prompted by speculation that US April trade data dua out later yesterday may show a narrower deficit, brokers said. The market index crept 3.32 points higher to a record closing of 25,894.27,
      484 words
    • Article
      Seoul
      117 7 JUNK 11 WON *b KB) 11 w* KanMon M~. ***** +200 Choil Sugar ***** unch Wa Motor ***** -2® Daotlm Ind ***** +500 Koton Ind....... ***** 380 Daawoo Corp.. 1180 -26 Koraa Long Tarm2344 -31 D—woo H—vy ***** 80 Lucky Ud. 1470 -10 DUMn Sacurittaa 3700 +10 Oriental Brawary
      117 words
    • Article
      Sydney
      452 7 SYDNEY: The Australian share market closed sharply higher yesterday in relatively heavy trade after strong buying in quality industrial, mining and gold stocks, brokers said. Gold stocks led the way following sharp gains in bullion prices overnight and after news of a takeover bid for Gold Mines of Kalgoorlie
      452 words
    • Article
      Lock icon Bangkok
      153 7 Reuter BANGKOK: The Stock Exchange of Thailand Index fell 0.59 points to 279.91. Turnover totalled 1,694,552 shares worth 523.1 million baht. The Book Club Index fell 0.58 points to 251.22. Reuter JUNK IS BAHT Poll PxjMtafwng 278 |44 •8 2 1 -20 1008 Ayudhya Ifwwbnw Bangkok Agro-tod Bangkok Bank
      Reuter  -  153 words
    • Article
      Lock icon Indian software house in export drive
      140 7 AFP INDIA'S Isrgest software company, atate-owned Computer Maintenance Corporation (CMC), has announced ths launching of an export drive targeted to earn it US$lOO million annually by 1980. CMC chief executive P P Gupta said in New Delhi on Wednesday that the company. which has
      AFP  -  140 words
    • Article
      Lock icon HK's bullish market attracts new listings
      483 7 Reuter HONGKONG'S booming stock market has resulted in a spate of public share offerings by local companies and more are waiting to follow their lead, according to stock exchange officials and merchant bankers. They said on Thursday that seven companiee had already floated their
      Reuter  -  483 words
    • Article
      Lock icon HK's property prices likely to rise moderately, says bank
      282 7 AFP HONGKONG'S property prices are expected to poet moderate gains in the next two years, according to an economic report issued by Standard Chartered Bank on Thursday. The territory's current mini property boom was "well supported by economic fundamentals", according to
      AFP  -  282 words
    • Article
      Lock icon Japanese to take on US$160m project in LA
      140 7 UPI CITY PLANNERS and Japanese developers unveiled plans this week tor a US$l6O million "giant crystal" housing offices, hotel rooms and condominiums in downtown Los Angeles, the first large-ecale Japanese development to come to the area. Although Japanese developers have bought substantial
      UPI  -  140 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      679 7 w WSi^tewiae, Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, Gado Gado. Sate (Satay). spicy Rendangs, Ayam Goreng, Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the experience. The other half is just being there. L 4
      679 words
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      Page 7 Advertisements Column 2
      143 7 n t a w *9 \V 4 9 NX *1 m (CAIHNHILL HOTEL) 19 Cairnhill Orcle. S pore 0922 Tel: *****22 Fri, Sat eve of public holiday: 6pm 2am Mon to Thur Sun: 6pm lam Ample tree parking Car jockey available THE NEW ORLEANS RESTAURANT v.ttjsss-® 2 —r* Following her
      143 words
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  • LETTERS TO THE EDITOR
    • Article
      Laugh and let laugh
      506 8 ONE REASON WHY we're healthier in carefree childhood is that we're happier. And that's because we laugh more. Children look at things and handle problems with a joyous freshness and simplicity, as opposed to the jaded adult's propensity for complexity. Laughter allows for objectivity and distancing
      506 words
    • Article
      New SES rules: the problems
      696 8  -  Careful study needed before implementation D W DISTANT OMr Sir So the SES is soon to introduce controls on the time allowed for payments for share purchases and scrip delivery against share sales (Taking Stock, BT. 3.6.87). This is a welcome move to eliminate excessive
      696 words
    • Article, Illustration
      Older worker speaks out
      199 8 Dear Sir I refer to your leader entitled "Solution lies in wage reform" (BT, June 9). Wage reform and continuing education and training are not enough to alleviate the problems of older workers. The other issue is whether employers would be prepared to accept older workers.
      199 words
    • Article
      Don't be disheartened by the actions of a few
      165 8  -  JASOH WONG Singapore Polytechnic 26th CsawcM IMS/M Seeeton Daar Sir The recant spate of publicity concerning the involvement of past Polytechnic students in commu-nist-inspired activities has. in my view, very unfortunately cast a dark shadow on a vast majority of innocent
      165 words
    • Article
      Different P/E ratios for same companies
      515 8 Dmt Sir As a member of the Slock Exchange of Singapore library, I am able to compare data provided by the SES Financial Nawa (daily) and that givan in the Dualnaaa Timaa. I was surpriaad whan comparing the data, in particular tha P/E ratioa
      515 words
    • Article
      Kudos for Adam Smith
      243 8 There is no doubt that the beat financial and investment dialogue programme on the SBC la "Adam Smith's Money World". The panel of speakers (always different) include dietinguiahed world figures Ilka Dr Henry Klaainger, Henry Kaufman, former US praaidanta Gerald Ford and Richard Nixon, and many
      243 words
    • Article
      Make Hotel Grand Central a trustee stock
      270 8  -  LIM CHENG KIM (Ms) Deer Sir I feel that Investors, generally, are showing considerable interest in hotel sheres. It is.evident from the sharp gain in hotel shares recently thst even fund menegers must be impressed with their recovery potential. Who wouldn't? Especially when
      270 words
    • Article
      FCW holders turn to BT for help
      231 8 In his letter published in BT% Weekend Edition of June 6-7, Mr A C Tan expressed quite correctly the feelings of meny of us who boM shares in Federal Cables. We share his disappointment and frue> tration. Beeides this, many of uS are
      231 words
    • Article
      Husa was not irked by SSO
      101 8  -  NO MEW EMO (Miss) of Karwt Huas'a letter) Dear Sir In Shaun Koh's review of the Karel Husa-Pavel Prantl concert (BT May 18, 1967), he made reference to the SSO "gradually going out of tune" and "it evidently irked Huea". He may be interested
      101 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      105 8 BT WOtCOVfIOS Iftltfl from rudm. Your lattars must ineludo your tig nature, full namo, addroaa, and homo numbors, H any. You may 1 add a paaudonym, it you wish. Addroao your lattars to: Tho Editor. Buainoaa Timos, 390, Kim Song Road, Singapore M 23. FROM f"2**£2±2»*' pigtails I Biifllhgi TO
      105 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      754 8 CRYPTIC PUZZLE ACROSS 8 Be a twister and do wrong (7) 9 An unknown, as far as the audience is concerned? (7-2) 13 A love game played according to the letter (5) 14 With a French husband, a Spanish flirt? (5) 15 Refer to a certain section of the book
      754 words
    • Miscellaneous
      Page 8 Miscellaneous Column 2
      13 8 BriStcW: TtaitfcDicfcezjg CHESTER PERRY CO. ITD. TuiINNG-D LJITM DEVILS ISLAND i Mil' WSW.
      13 words
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  • Executive Lifestyle
    • Article
      STRAWS in the Wind
      282 9 WHAT HAS AN "exterior like tangled wire with toft grapey fruit inside"? The description wee ueed in a special feature on "etrange fteehy objects" in the weekend magazine that comes with the UK newspaper, Sunday Tmtagrmph. The big supermarkets in the UK are, according to the
      282 words
    • Article
      Lock icon Not on the bargain counter
      207 9 TRENDS UPI M UMMVLLE, Kiatoafcy, James MMer and Dertene toader booame man and wMa la toe predyss eootfoa af a peeeij store, aMraitog Mr lova arid suoahhd and heads af tetome. Msr, St, aad Malar, 40, mat at Mattanra Pis Pas last flhtppmmd' vegetobtoe, toey
      UPI  -  207 words
    • Article, Illustration
      The name of the rose
      876 9  -  i Wtflh ASAD LATIF DRINKING la bad for you. That iS, If you do not know the name of the wine you are looking for and have the temerity to go in search of it all the same. To speak even to think df wine
      876 words
    • Article, Illustration
      Lock icon Sprouting health
      1392 9  -  By RICHARD SEAH ANN WKJMOBE always travels with two begs. "Ons of them is my kitchen," she ssld. Msybe "garden" would be a more sppropriats word. For even st horns in Boston, UBA, her kitchen (which is actually part of the living room) is mors like s garden.
      Pictures by YAP YEW PIANG and AZIZ HUSSIN  -  1,392 words
    • Executive Lifestyle: Entertainment, the Arts & Pursuits
      • Article, Illustration
        Terok Iah, it's the play 'Army Daze'
        859 10  -  STAGE By MONICA GWEE MICHAEL CHIANG tint hit "th* big time" when he agreed to do a TV commercial for Tlmm, tha Bookshop last Christmas. Then, he was plugging his best aalHng book. Army Daze. His tame was see led, he said, when
        859 words
      • Article
        The best hawker food without all the hassle
        600 10  -  FOOD By THE FOOD TEAM WHAT YOU SAVE in parking foee and haaalaa if you hed to check out theee hawkers youraeff ie already worth the trip to the poolaide at the Royal Holiday Inn on Scotia Road. Grouped along a long
        600 words
      • Article
        Why eat living foods?
        972 10  -  HEALTH By RICHARD SEAH LIVING FOODS, to on* colleague, conjures up en image of "things crawling all ovor the plate". This is not quite what Or Ann Wigmore recommends for a long healthy life and alao aa a cure for ao-called incurable diseeeee, including cancer and
        972 words
    • Executive Lifestyle
      • Article, Illustration
        Happy birthday, Casablanca
        708 11  -  ANNIVERSARIES -by Martin Soong YOU'VE GOT TO take Rod Pullen trademark fire-engine red shoes, starched whit* laboratory coat, at al with a pinch of tall No, make that two pinchee, but hold the monoeodium glutamate. Pull en, 31 and balding, ia the generously eccentric managing director of
        708 words
      • Article
        BILLBOARD
        1018 11  -  Oy Sakina Dhilawala CINEMA: Graced* Bondse starring Paul Hogan. Showing at Cathay: 11; 1.30; 4; 6.30; 9.15. Potior Jkc&dGftiy 4steve Guttenberg, Bubba Smith, Bobcat Gokfthwait Showing at Capitol: 11; 1.45; 4; 6.30; 9.15. From Anodtar Star— starring Ricky Paull Goldin, Sydney Penny and Keenan Wynn. Showing at Changi: 11;
        1,018 words
      • Article, Illustration
        Leach on the rich and famous
        727 11  -  PROFILE By MARTIN SOONG ON THE ROAD lor Robin Loach moons sunning on tho Rod Soo aboord Adnan Khashoggi's yacht, sipping bubbly with timid billionairoa. and jotting to Monto Carlo to watch tho tax-haven's habituos blow a fow million bucks at tho tabioa. Mr
        727 words
      • Article, Illustration
        Male ballet masters take the lead
        715 11  -  DANCE •y LISA LEE UKE IT or not, male choreographers and ballet masters still maintain a strong hold in the ballet world with their positions entrenched in the forefront of s still evolving art-form. Rather than hazard the cause of this continued trend and
        715 words
      • Article
        Round the world on one leg
        268 11 SHORTTAKE! ONE-LEGGED Welsh sailor Tristan Jones' latest adventure is to sail from the Indian Ocean to the South China Sea without detourino around Singapore. Jones is now in Phuket, which he plans to use as his base for the voyage. He plans to leave
        268 words
    • Executive Lifestyle: Sports
      • Article
        Braza falters but still leads the field
        706 12  -  GOLF By BRIAN MILLER "STOP BRAZA!" This was the cry echoing across Sembawang during yesterday's second round of the 1987 Tiger Open golf championship. After his record-equalling 67 on Thursday, the likeable Filipino looked headed for a runaway victory. That was how invincible
        706 words
      • Article
        Lock icon Lendl gears up for Wimbledon tournament
        260 12 AP TOP-RANKED Ivan Lendl began his tune-up for the Wimbledon tennis tournament with e straight sets victory over his coach on Thursday in the quarter-finals of the US$l6O,OOO Scottish Grasacourt championships. After edging Auetralian veteran Tony Roche, 7-6, 7-6, Lendl said he would swap
        AP  -  260 words
      • Article, Illustration
        Lock icon Medem fails to get his act together
        427 12 TENNIS IN THE END, the difference was that Stephen Medem's big guns couldn't fire. And as Heiner Moraing hung on, the big serving Swiss Davis Cupper's fragile temperament gave way. In other words, the highlight quarter-final match of the Pro Kennex/Bonds Grand Slam
        Picture by Johnathan Choo  -  427 words
      • Article
        Lock icon Edberg enters quarter-final in spite of rain
        314 12 AP SWEDEN'S Stefan Edberg survived rain interruptions and Wally Maaur's challenge on Thursday to join Boris Becker in the quarter-final of the US$3OO,OOO Stella Artois grass court tennis championships. Edberg, bothered by a slippery court, loet the first set at Queen's Club and
        AP  -  314 words
      • Article, Illustration
        Lock icon Boston beats Los Angeles to extend NBA finals
        555 12 BASKETBALL UPI DANNY AINGE struck for five 3point baskets one from 40 feet at the half-time buzzer and Dennis Johnson added 25 points on Thursday night, helping the Boston Celtics extend the NBA finals with a 123-108 triumph over the Los Angeles
        UPI  -  555 words
      • Article
        Handsome looks good for a win in last event
        637 12  -  on TMCK with Brian Miller THE LIE MS of Agasam Stable, who appear to be making a bold bid for this eeeeon'» owners' title, have two bright youngsters entered for today's Penang meeting and they should taste victory with Pride And
        637 words
      • Article
        Lock icon Fenech to defend his crown
        83 12 BOXING UPI JEFF FENECH, the WBC superbantamweight champion will datend hit title against American Qrag Richardson at tha Sydney Entertainment Center on July 10, promoter Bill Mordey said. Fenech, a former IBF world bantamweight champion, became the first Australian double world champion when he de?..feated
        UPI  -  83 words
      • Article, Illustration
        Defence is a matter of logic
        721 12  -  BRIDGE By MIKE THUMBA IT IS generally agreed that defanca It the moat difficult part of playing bridge. Edwin B Kantar, a writer on bridge, in hit book "Introduction to Defender't Pity," taid: "If you are a good defender at leaat half of your
        721 words
      • Article
        Shanghai event springs some surprising results
        233 12 THE 30th Par East Bridge Championship Qamss in Shanghai seems to hsvs got off trus to its unprsdictabls form during ths first fsw of ths matchss which stsrtsd on Juns 6 st ths Jin Jiang Hotsl in Shsnghsi. Ths first six mstchss of tKs
        233 words
      • Article
        Lock icon No war of words between warriors
        320 12 AP THE Michael Spinks-Gerry Coo* ney heavy weight fight on Monday night is being billed as "the-' war at the shore", but the war- riors have acted more like dipiO- mats. "It's the nature of the guys,"*; promoter Butch Lewis said. >' Spinks offered
        AP  -  320 words
    • Executive Lifestyle: Personal Investment
      • Article, Illustration
        Two lower-priced stocks that have upside potential
        321 13  -  CHART PfiSINT -*r RC WHILE most of the quality docks pause to consolidate recant hefty gaina, the market has once again begun shifting Jpcua towards the lower-priced atocks. Today'a column features two auch counters with potential for upeide moves. Back in early-January Bonvsats
        321 words
      • Article, Illustration
        American dollar showing signs of bottoming out
        775 13  -  FOREX MARKET By RAMESH CHANDIRAMANI THERE IS A FAINT but still unpopular view in the foreign chango mark at that tha US dollar could finally hav* andad its ruinous thraa-yaar baar market downtrend and is now on tha road to recovery. A bottom
        775 words
      • Article
        Commodity shares are good for much more
        789 13  -  PLANTATIONS SSOO2 smm by I Ramesh Chandiramani MUCH AS PRICES of Malaysian plantation shares have risen of lata, they are still good for much mors because of significsnt shifts in fundamental factors. UK-based stockbroksrs, Kleinwoth Grieveson Securities believee that plantation shares are set
        789 words
      • Article
        Attention on Old Masters and Chinese ceramics
        318 13  -  .ART by Ruth Corb, Ruth Corb, Sothmty'u R—mrch Dopartmont NEW YORK, the focus of interest in ths art market last week, was the vsnus for a ssriss of sales of Ofd Master paintings as well as suctions of Chineee ceramics. Ths rssults of
        318 words
      • Article
        Lock icon Can you get something for nothing?
        819 13 BONUS ISSUE by RC WHY IS IT that whenever e company announces a bonus iuu< or stock split investors sssm to respond enthusiastically, and Its share price moves positively, a reader ssked BT last week. Are local investors being irrational in chasing after free
        by RC  -  819 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      23 9 The American Express* Card can usually be replaced within 24 hours or the next business day. Call us at 732 2244. Here tomorrow
      23 words
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      Page 9 Advertisements Column 2
      88 9 u I rf m* 9 tv 1r WW Y A Steci/goid with Diamond bezel gergld genta we Showroom and Service Centre: Singapore Gerald Genta Geneve Scot is Centre *01-11 Tel: *****97 Authorised Dealers: Singapore The Hour Glaaa Lucky Plaza *01-36 The Hour Glaaa Scotta Centre *01-09 The Hour Glaaa Peninsula
      88 words
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      Page 9 Advertisements Column 3
      0 9 @%}&<")^)/@><=_<@}(+=.^;&(~**?|
      0 words
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  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      2682 10 SLOTS TO WATCH Boer War, Confederates and jihad TODAY: Peter Fonda and Deidre Hall star in A flmon to Lho. Fonda plays Qua, 42, who loses his job, wife Dolores (Hall), and bocomes suicidal. Only his son's love saves him. (10.30pm, Ch 5) The Clno thoweaaa offering this weak is
      2,682 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      28 13 BT welcomes investment Ideas and viewpoints from brokera, banktrt and othar raadara. Address all correspondence to: The Editor, Paraonal Investment, Buainesa Times, 390 Kim Seng Road, B'pore 0923.
      28 words
    • Advertisement
      Page 13 Advertisements Column 2
      197 13 In my job, I need good planning. And a little bit of luck. The Australian Nugget 9999 fine gold. "In my job. I can't afford to take chances. Leaping through windows and jumping off buildings need good planning....and a little bit of hick. That's why I buy The Australian Nugget"
      197 words
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  • SHARE INFORMATION
    • Article, Illustration
      Shares close mixed as buyers become selective
      4212 14 SHARE PRICES on the Singapore slock market cioeed mixed yesterday with buying of selected stocks acting as the main prop for an otherwise relatively quiet day. The Straits Tlmee industrial Index cloeed 0.58 point higher at 1.227.13 while the BT Composite Index fell
      4,212 words
    • Article
      Chief price changes
      232 14 Rli SINGAPORE k tas tmm 11 Mm 12 UM Matocco 910 100 ■TCl pnHi 1 103j09 *****0 Aa*oao4ar 30* -63 »T Oi/OS 1*4 57 MM* NUp 1030 *55 new -MM -5730 Trcnah MMHM 5U 35 »T 10-4*7 MA -9*63 -5*50 m t*y«i 309 17 noov *****39 *****94
      232 words
    • Article
      Business done on the SES
      3795 14 SECTION ONI Am 0260 229» 14« 226 M 227 am 224 CII 222 11« 230 IKI 227 (171 221 Ml 22» CD Alm DAI 04»*» OB OK* II) 04» 111 04» Ml 040 Aml M 50# (249 I 270» DO 246 OS 24» 190 24V
      3,795 words
    • Article
      COMPANY MEETINGS
      63 14 TAT LEE SANK Limited: 13th AQM in the Conference Room, 63 Market Street #14-00 Tet Lee Bank Building, Singapore 0104. today at g.45am. fclAM JOO FACTORY Barhad: AQM at Lot 10, Jaian Perueahaan Satu, ***** Batu Cavee. Seiangor, Malaysia on Monday, June IV at 11am. MULPHA (SINGAPORE} Limited:
      63 words
  • Page 14 Advertisements
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  • COMPANY NEWS
    • Article, Illustration
      CityDev marketing three residential projects
      529 15  -  By ELAINE KOH TAKING ADVANTAGE of a strengthening residential property market. City Developments Ltd is pitching into a sales campaign for three projects this year, one of which was launched yesterday. The first phase of Tanglin Park, a 274-unlt luxury condominium project, is almost completely
      529 words
    • Article
      UEL incurs lower loss of $4.2m
      468 15  -  By HOMER CHEN UNITED ENGINEERS LTD (UEL). the troubled engineering company, hat once again incurred loeeee. For the year ended Dec 31. 1066, the group suffered a pretax loes of $4.26 million. This is. however, an improvement from the $7.95 million loes it suffered
      468 words
    • Article
      Menang to expand its timber business
      446 15 MENANG CORP can expect a broader earnings base in future from the timber trade and increased property-related ventures with the recent change of management. Sources say besides logging, Menang is going actively into timber trading, especially now with improved prices. It is understood that
      446 words
    • LATEST
    • Article
      Inchcape sells assets of Automated Assembly
      137 15 INCHCAPE Bhd hat sold the business and operating sum of Automstsd Assembly (Singspore) Pts Ltd (AAS) to s consortium consisting of Jspsnsss, corporsts investors snd members of the present menagement of AAS. An 87.5 per cent-owned subsidiary of Inchcape, AAS is sn sssembler of
      137 words
    • Article
      DIVIDENDS ANNOUNCED
      1147 15 Currant b ■•ate IMi TaM tar TaM tar paymarrt dtfa etaaa payaMa •m yaar taat yaar A m A uifwrpnj#! 2%W Jun 5 Jun 17 Jul 3 5% 22% Aetna '%TE Jun 22 Jun 29 Jui 31 1%TE 4%TE Amcol '0% May 26 Jun 3 Jun 18 10%
      1,147 words
    • Article
      SCOREBOARD
      45 15 rnmm Up Down (Mi Industrials II 114 II Rnanc* 3 It 2 U.I noveis 0 1 0 3 9 1 OB pahM 1 7 4 Hn» 3 5 3 tubbon 4 13 2 tubban 1 0 0 Dab/Loan* 1 0 Total 27 145 24
      45 words
    • Article
      TURNOVER
      66 15 MtfMflli 21/SSdOOO inrnrr \7ZBJXD RMH» ZT74JOOO HOUAI I92JOOO *****0 Pfop§r^n 1WIHB 2*)M00 man umooo TkM Dolor fatten 933JOOO *****0 Z3MJOOO yd 1,*****0 1IW> SuHhf Mkw loom and bonds 34JOOO ***** Total, h» unfei 33,059,000 23JK76JXO Total Ik Ml Mjxjm ■aa4r. 33 *****0 2SJB74J00 Uo&r. In Ml jfijaNjoao mpi OM,
      66 words
    • Article
      KL stock prices close lower
      150 15 SHARE PRICES on the Kuala Lumpur Stock Exchange retreated under selling pressure to close lower yesterday. The market opened at about overnight levels and began a steady decline throughout as it swaited fresh leads. Sentiment was weak with only a handful of •elected issues attracting
      150 words
    • Article
      RESULTS DUE
      258 15 LAST FULL YEAR Pirtod Dm Year Mm m Gfmm Nat eeownd •ndtog (cm*) «r pveNl Ian year (rood Fed Coble* Interim Jun 87 6.***** S J Amol Interim Dec 19 Mor 86 73 527 Moloyowoto Interim Dec 11 Mor 87 30.4931 t; 1 nnoi Mor 10 Sep 86
      258 words
    • Article
      LONDON STOCKS
      680 15 LONDON stock prices lost most of their ssriy strength to profit-taking by midmorning yesterday after an early euphoric rise on the back of the Conservstive Party's return to power, in a market largely devoid of foreign buying interest, dealers said. industrials Jgn* 11 hw ■wtm nn i« 1
      680 words
    • Article
      APPROVED ISSUES
      157 15 Company RIGHTS ISSUE CHy D*v Ono-for-lour |1.40 pir dor*. Bgt* issu* of boadt wttfc worm* is la Urn ratio of (1 iiboIsbI amount ol bonds for >—r» two ordhwry fin rat hold Ex dot* Jm IS •oob do—l Jm 22 D 1 C Bonk O**-tor-two Q JO-SO pm
      157 words
    • Article
      Selected Indices
      102 15 HONGKONG All Industrials Hongkong Indox Mdoy 2MSjO Tkundoy 2621.3 Mdoy *****3 Tkundoy 19*188 WMk ago ***** WMk O0O NEW YOftK Hong Seng hdox Dow Jongs Mdoy 3129.88 Tkundoy *****3 Tkundoy 308/52 WodMtdoy 2353.61 WMk O0O 3064 33 WMk ago *****8 TOKYO Standard Poors Tkundoy 298.73 NKktt Avtfoyf W«dM«doy
      102 words
    • Article
      Unit trusts
      244 15 Mawog«r»' prion MARA-Bumiputra for Jww 13 4 15 fir* B'putro S70 S7S 1 i Saeoad B'putro SjOS 410 Tka Cgmi>h IK) 1.17* Third S-pmra Four* 8'ptrfra m* rputro Star* S'putro S'putro (Ai Sana* l'p>*ra IS) BgMfc S'putro 4.SS 542 4.18 1S7 TW Somv hod ass 101 1*0 1SS
      244 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      31 15 1 N N N REQUIRED READING FOR THE WORLD OF-BUSINESS. J Available at all good bookshops and newsagents i if M STP Distributors Sdn Bhd 2 Jurong Port Road Singapore 2261
      31 words
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      Page 15 Advertisements Column 2
      221 15 Dim to a technical fault In Kuala Lumpur, buainaaa dona on tha KLSE was not avallabla NOTICE or FINAL MEETING IN THE MATTES OF THE COMPANIES ACT. CHAPTER 80 AND IN THE MATTER OF PURA SHIPPING PTE LTD MEMBERS' VOLUNTARY jiTjijirffJij; NOTICE IS HEREBY GIVEN that a Final General Meeting
      221 words
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      Page 15 Advertisements Column 3
      301 15 NOTICES IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTES OF WINBOM PTE LTD (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of WINBOM PTE LTD duly convened and held at 257 Selegle Road, #14-279 Selefle Complex, Singapore 0718 on the 12th Jane 1987, the special
      301 words
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      Page 15 Advertisements Column 4
      292 15 IN THE MATTES OF THE COMPANIES ACT, CAP. 1M AND IN THE MATTER OF SINGA WOOD CO. PTE LTD IUI.n VOLUNTARY kVJ LI I) L AT an Extraordinary General Meeting of the members of Binga Wood Co. Pte Ltd. duly convened and held at 19 New Bridge Road, Singapore 0105
      292 words
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  • LATE FILE
    • Article
      Lock icon US trade deficit narrows
      52 16 Reuter THE US trade deficit narrowed to US$l3.3 billion In April from US$l3.6 billion in March, the government reported yesterday. The figuree were good news for the US economy, which has been hit by a wave of imports and poor export sales for more than two
      Reuter  -  52 words
    • Article
      Lock icon HK to appoint futures traders
      30 16 AFP THE HONGKONG government announced yesterday a proposal to appoint professional commodity futures traders to its Commodities Trading Commission, an advisory body on the trade.
      AFP  -  30 words
    • Article
      Lock icon Seoul and Taipeh hold trade talks
      35 16 Reuter SOUTH KOREA and Taiwan yesterday opened six days of economic talks in Taipeh, with Seoul asking Taipei to more than triple car imports to 5,000 units next year.
      Reuter  -  35 words
    • Article
      Lock icon Call to scrap July 4 joy
      45 16 Bernama A PHILIPPINE government study group has urged the Department of Foreign Affairs to discontinue the observance, as a regular holiday, of July 4 as Philippines-US Friendship Day, even as the nation yesterday observed its 80th year of independence.
      Bernama  -  45 words
    • Article
      Lock icon Rabuka supports democracy plan
      38 16 Reuter FUIAN ARMY strongman Colonel Sitiveni Rabuka said yesterday plans mapped out by the Governor-General to restore democracy in Fiji were in line with the objectives of a coup he staged last month. Reuter
      Reuter  -  38 words
    • Article
      Lock icon Nato gives US the go-ahead
      34 16 Reuter THE NATO ALLIES yesterday formally gave the US the go-ahead to conclude an historic agreement with the Soviet Union that would slssh nuclear missile srsensls in Europe. Reuter
      Reuter  -  34 words
    • Article
      Lock icon About 800 detainees freed
      36 16 Reuter ABOUT 800 detainees held without trial have been freed in the paat two days aa South Africa entered a second year of emergency rule, an independent monitoring group said yesterdsy. Reuter
      Reuter  -  36 words
    • Article
      Lock icon Reagan in West Berlin
      59 16 UPI PRESIDENT Reagan arrived in West Berlin yesterday from the economic summit in Venice to deliver a challenge to Soviet leader Mikhail Gorbachev tear down the Berlin wall "if you seek peace". Reagan and his wife, Nancy, arrived in Berlin to a 21-how-itzer salute officially starting
      UPI  -  59 words
  • Article, Illustration
    Contractors give up storage lots
    524 16  -  Early termination of land leases in the face of a depressed market By LEE HAN SHIH THE DEPRESSED construction market has forced many contractors to give up large tracts of land in Jurong, Woodlands and other placee formerly leased for equipment storage, according to the
    524 words
  • Article, Illustration
    S'pore training technicians from developing nations
    474 16  -  By LOH HUI YIN LITTLE KNOWN to most people, Singapore has been actively promoting technical cooperation among developing countriea, even though it is itself a developing nation. In the five-year period to last year, more than 10,900 trainees from almost 90 developing courv tries
    474 words
  • Article
    Lock icon Benazir meets Parliament group
    102 16 Reuter BENAZIR BHUTTO, Pakistan's best-known opposition politician, has had her first formal contact with a group from the Parliament which she has denounced as a sham for the pest two years. Miss Bhutto and senior aides from her Pakistan People's Party were gueets at a much-publi-cised
    Reuter  -  102 words
  • Article
    Lock icon Deng says it again
    76 16 AFP CHINESE LEADER Deng Xiaoping yesterday reaffirmed, for the second time in a week, the need tor rejuvenating China'a leadership. Yugoslav sources in Beijing said Mr Deng, 82, emphasised this while acknowledging that the procesa would be very complicated. But he said during two hours of
    AFP  -  76 words
  • Article, Illustration
    Separate programme for Canadian minister
    263 16 TO ENHANCE bilateral relations between Singapore and Canada, the Canadian Secretary of State for External Affairs will have a separate programme in addition to his attendance at next week's post-ministerial conference in Singapore. The conference, which begins next Thursday, will see Asean foreign ministers holding
    263 words
  • Article
    Sihanouk has a pivotal role — Asean
    271 16 Sihanouk has a pivotal role Asean ASEAN hat sent a latter to Prlnca Norodom Sihanouk tailing him that as tha President of tha Coalition Qovammant of Democratic Kampuchea, ha is pivotal to tha saarch for a political eettlamant to tha Cambodian problam. It aaid that Aaaan would ba grateful if
    271 words
  • Article
    Division in Filipino Association of Singapore
    491 16  -  ®y LUCY NG ALLEGED IRREGULAR conduct on its «lection day has split the Filipino Association of Singapore (FAS) into two campe, each claiming the right to govern. One group is led by a houeewife, Mrs Heredina Velaaco. The other group's preeident is ai chartered
    491 words
  • Article
    Lock icon Sabah Bank agrees to rescue plan
    292 16 Bernama ES THE SABAH BANK Bhd has agreed to a rescue package which requires Bank Negara to inject about MSI2O million into the bank, which is said to have suffered loesee running into millions of ringgit Sabah Bank Bhd interim chairman Dr Jeffrey Kitirv
    Bernama ES  -  292 words
  • Article
    Lock icon Vietnam hits out at Singapore's stand
    133 16 Reuter VIETNAM yeaterday denounced Singapore for its hostile stance on Indochiness rsfugees and suggested that South-east Asian nations were split over their sttitude towsrds Hanoi. Singapore would try to "stir up an anti-Vietnamese atmosphere at the conference of Asssn foreign ministers from June 15
    Reuter  -  133 words
  • Article
    Lock icon Hanoi acts to curb inflation and bolster economy
    294 16 Reuter VIETNAM'S new pragmatic leadership is sopping up Us currency to stop inflation running at 700 per cent and straighten out an economy sustsined by hand-outa from the Soviet Union. Le Hoeng, deputy director of the state bank, said imported consumer goods
    Reuter  -  294 words
  • Article
    Premier Yu ends goodwill visit
    75 16 PREMIER Yu Kuo-Hwa from Taiwan Ml Singapore yeeterday after a five-day vieit to promote goodwill and commercial relatione between Singapore and Taiwan. During hie stay, the Premier met Prime Minister Lee Kuan Yew. Deputy Prime MinMers Goh Chok Tong and Ong Tang Cheong, Trade and
    75 words
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