The Business Times, 31 October 1987
1987-10-31
1
16
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section14 1987-10-31 1 BUSINESS TIMES MCI (P) 112/12/86 Weekend Edition, October 31 November 1 1987 75 CENTS14 words
-
Article158 1987-10-31 1 Overseas markets rriaoy HK Hang Seng Indox 2240.13 35.61 Tokyo Nttckol Avorago *****.04 731.15) Sydney AN-Ordinarios 1292.1 7.3) Thuodoy Now York (Dow Jonos) 1938.33 91.51 London (FT 30 Indox) 1303.4 (+14.9) (Friday noon: 1,371.8; +68.4) Exchange rates US$s 138.95/139.10 yon, 1.7405/15 DM, SJ2.0685/95, M$t S158 words
-
106 1987-10-31 1 SIX MONTHS is about the time needed for the fallout of the stockmarket crash to work its way through the financial to the real sector of the economy, economists say. Six economists interviewed by BT agree that the current economic expansion will continue and106 words
-
440 1987-10-31 1 ELAINE KOH - By ELAINE KOH SINGAPORE Airlines, its share price holding out relatively well the past week in a nervous market, continued on its strong profit path with a 51 per cent increase in pre-tax profit to $336.3 million for the six months440 words
-
Article234 1987-10-31 1 Agencies HONGKONG futures brokers, facing default after a steep slide in stock and futures prices, may be given time to pay their debts, officials of the futures exchange said yesterday. Chairman Wilfrid Newton, appointed last Sunday after a rescue package was hastily arranged forAgencies - 234 words
-
Article, Illustration608 1987-10-31 1 AMY BALAN - Rebound in Asian markets By AMY BALAN VOLATILITY will continue to dominate the world's stock markets next week, despite growing optimism in Tokyo increasingly the market from which others take their cue that the bottom may have been reached. The raised hopes were prompted by a sharp rally608 words
-
Article77 1987-10-31 1 Reuter WALL STREET stocks rallied further throughout the list in early trading yesterday, encouraged in pert by Thursday's strong rally, l w ch touched off gains in Tokyo and London. Brokers said the market wes relieved that the UK oHered a safety net for underwriters whenReuter - 77 words
-
Article76 1987-10-31 1 AFP INITIAL GAINS were extended at midday yesterday on the London Stock Exchange, encouraged by the improved performance on Wall Street, the firmer dollar and the announcement of a buy-back scheme by the government in the sale of BP shares. At 1200 hours GMT, the FTAFP - 76 words
-
509 1987-10-31 1 SOH TIANG KENG - By SOH TIANG KENG Financial Correspondent THE badly-battered US dollar yesterday staged a slight recovery against the Singapore dollar and major currencies in foreign exchange markets here and in other financial capitals. Forex managers at local banks told BT last night that509 words
-
Page 1 Advertisements
-
Advertisement259 1987-10-31 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM CORPORATE fraud would hamper Sing a pot*'* development as a financial centre and undermine the confidence of investors and creditors. HOME NEWS, Page 2 CIGARETTE sales dropped 19 per cent in the first eight months of this year following the government's anti-smoking campaign. The259 words
-
Advertisement174 1987-10-31 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM t Letter from I Fruit 1 TV pi I Sellers, Aykroyd and Bugsy Ma I one Page 10 Think Singapore a personal view from French designer Jean-Charles de Castelbajac Page 11 All about the girls from Quezon City Page 11 Are you Hammier than174 words
-
-
HOME NEWS
-
Article, Illustration496 1987-10-31 2 SOH TIANG KENG - By SOH TIANG KENG Financial Correspondent FINANCE MINISTER Dr Richard Hu yesterday warned that fraud committed by company directors and management would undermine the confidence of investors and creditors and hamper Singapore's development as a financial centre. In his keynote address at496 words
-
Article931 1987-10-31 2 ARRIVALS Oporo* ■r Mrvlea Local ftm* From OA QA471 0015 ATH SU son 0145 LAX/NIT UA 0120 SFO/HKG MAS MH621 0140 KUL CAL 0333 0405 TPE SU SQ41 0615 MAA MK MK746 0725 MRU MAS MH68I 0020 KUL SU SQ417 0035 JED/BOM SV SV398 0835 JED/RUH KAL931 words
-
290 1987-10-31 2 THE ACCOUNTING profession has to be sensitive to public opinion on the ability of the profession to fulfill its responsibility to uphold and maintain the highest ethical and professional standards, says Mr Keith Tay, president of the Singapore Society of Accountants. Mr290 words
-
Article50 1987-10-31 2 IN OUR REPORT headlined "Hotels urged to appoint fire safety managers" which appeared in BT on Thursday, we said the Singapore Fire Service was set up by the Fire Safety Bureau. It should, of course, have been the other way round. We are sorry for the error.50 words
-
361 1987-10-31 2 THE HEALTH of the accounting profession rests not only on the competency but also on the moral standing of its professionals. says Dr S Vasoo. acting Head of the Department of Social Work, National University of Singapore. Addressing delegates to361 words
-
Article222 1987-10-31 2 ARE SINGAPORE'S reserves invested overseas affected by the present crisis in world stock markets in New York, London, Tokyo. Sydney. Hongkong? This question has been submitted by Mr Chandra Das. Member of Parliament for Chong Boon, to Finance Minister Dr Richard Hu for answer when Parliament222 words
-
293 1987-10-31 2 THE BATTLE of the airlines. long waged in the air, is shifting to the ground and posing a formidable challenge for the industry, says Dr Cheong Choong Kong, managing director of Singapore Airlines (SIA). Dr Cheong gave his views in a293 words
-
139 1987-10-31 2 CIGARETTE SALES have dropped 19 per cent in the first eight months of the year compared with the same period last year, according to Health Ministry estimates. Acting Health Minister Yeo Cheow Tong said this fall in cigarette sales followed the government's introduction of139 words
-
Article, Illustration248 1987-10-31 2 UNN IN HUA and Urn Yong Wall hava baan appointed to tha board of directors of Intraco. Mr Linn, 63, is tha prasidant of tha Singapore Chinasa Chambar of Commerce and Industry. He is also chairman of several companies* Mr Lim, 45. executive vice-president of the DBS248 words
-
Article1087 1987-10-31 2 AT CONVENTIONAL WHARVES Johon M4A olongside 31.10/0300 Pratiwi M3B alongside 01.11/0600 VmmI Birth Arrival Departure Budi Indah M4B 31 10/1515 01.11/2300 KEPPEL WHARVES Anonos B Perseus Bom Ik K27 C09 <30 olongside alongside alongside 31 10/0600 01.11/1200 31 10/1030 Hong Shen Indah Kencono Johon 2 Meridian M4B1,087 words
-
-
Page 2 Advertisements
-
Advertisement59 1987-10-31 2 fI T| \1 If I The business person's choice, every I II 111 I Tuesday, Thursday, Saturday and I I 1 ll \l II Sunday. Leaving Changi Airport at I J I \V /1 J. 22:05 hours and orriving at Lester B. Ftearson lnt«rnational Airport the following day. Call your59 words
-
Advertisement7 1987-10-31 2 Prompt pick-up anddelivery 24 hours a day7 words
-
-
OVERSEAS
-
367 1987-10-31 3 AP ISRAEL and Egypt were earmarked for the biggest shares of US foreign aid in fiscal 1968 in a catch-all spending measure approved on Thursday by the House of Representatives Appropriations Committee. The US$5O7-billion package to finance operation of theAP - 367 words
-
298 1987-10-31 3 AP THE US on Thursday said it would pay some of the money it owes to the General Agreement on Tariffs and Trade for 1986 and 1987 budget contributions, temporarily saving the Gatt from running out of funds. Without the USAP - 298 words
-
Article146 1987-10-31 3 FT EFFORTS by the South Korean government to increase imports from the US by opening its markets appear to have been successful, according to the Korean Ministry of Trade and Industry. Imports of US$2.3 billion in the third quarter, a 42 per cent riseFT - 146 words
-
233 1987-10-31 3 AP SEVENTY YEARS after the Russian revolution, more than 3,000 holders of Czarist bonds will receive their first cheques in partial settlement of claims against the Soviet Union, according to the British Foreign Office. The cheques for about 10 per cent of the bonds'AP - 233 words
-
175 1987-10-31 3 Reuter FOREIGN INVESTMENT in China in the first nine months rose to U552.66 billion from US$2.4 billion in the same 1986 period, Zhang Haoruo, vice-minis-ter of the Ministry of Foreign Economic Relations and Trade, has said. The People's Daily quoted him as saying investment fromReuter - 175 words
-
Article, Illustration120 1987-10-31 3 Reuter US PRESIDENT REAGAN has chosen Judge Douglas Ginsburg for the Supreme Court in place of defeated first choice Judge Robert Bork and challenged the Senate to confirm his nomination without delay. "By selecting Judge Ginsburg, I've gone the extra mile to ensureReuter - 120 words
-
Article192 1987-10-31 3 Reuter TREASURER Paul Keating has said there was no need to adjust economic policy rapidly in the wake of turmoil in the stock and financial markets. Appealing again for calmness in the business community, he said in a speech in Melbourne that hastily adjusted economicReuter - 192 words
-
388 1987-10-31 3 AP THE US House of Representatives reversed itself on Thursday night by passing a US$l2 billion tax increase and other parts of a bill aimed at reducing the American budget deficit. The 206-205 final vote came less than eight hours after the HouseAP - 388 words
-
-
Page 3 Advertisements
-
Advertisement211 1987-10-31 3 TEO-NQUES D4/NT-G43DE VG SWISS MADE SINCE 1060 "> x t K The watch fa* those who won't settle for beauty that's only skin deep. V. J. 5 -r--20 /V. us -wY TAG HEUCR SHOWROOMS SERVICE CENTRES: SINGAPORE #02-26/27 HILTON INTERNATIONAL SINGAPORE. 561 ORCHARD ROAD, SINGAPORE 0823. TEL: *****55 TELEX: RS211 words
-
-
Page 3 Miscellaneous
-
Miscellaneous99 1987-10-31 3 »wz 1 v/// Max/ Note Singapore OUTLOOK: Showaca ara ow wwral areas in lha lata morning and Report for 24 hours prior to 7.30pm on Oct 30 at lha airport; Mas tamp 32 J Aaaoc humidity 62 Mm tamp 24.5 Aaaoc humidity 07 Hrs o< aunaMna t.M Rainfall In mm99 words
-
Miscellaneous55 1987-10-31 3 Doonesbury I'M A MAN OF RESPECT. IEXPECT TO BE TREATEP UKEONE. YOU FOLLOW MB* t=\ mml m i i k ■Tji< *i:t f 7 1 BY GARRY TRUOEAU HEY, YOU WANT A NEW SUTTf YOU WANT I SHOULP HAVE YOU A SUIT, TOO r 6W~ CONCRETE Yoonem AWORLP OFTKXJ\BLe, DOG55 words
-
-
COMMODITIES
-
Article240 1987-10-31 4 Chinese Produce Exchange Soltori' noon doling prtcos on Oct 30 (SS/100 kg) Coconut oil Bu* FOB 95.00 Otd drum FOB 105.00 New drum FOB 109.00 Copra Mixed (Ioom) 56 Pepper nwnivC wTwiw FOB NLW 1317.50 Sarawak whit* FOB foq NLW 1302.50 Sarawak spocial black FOB NIW 962.50 Sarawak240 words
-
Article148 1987-10-31 4 Reuter FURTHER covering ahead of the weekend yesterday helped the Kuala Lumpur Tin Market price to close one cent higher at M$ 17.31 a kg. Sterling's tall against the ringgit failed to deter European buyers from making further purchases, and they took most of the final 79 tonneReuter - 148 words
-
Article471 1987-10-31 4 Crude palm oM prices 4732 recovered to close steady on late covering interest ahead of the weekend and in iine with a rebound in palm oil futures, after a lower overnight Chicago soyoil futures close had weighed on initial values. Nov deliveries in the south region closed unchanged471 words
-
Article219 1987-10-31 4 HONGKONG: GOLD yesterday closed slightly lower in fairty active trading on continued selling after the piunge in New York overnight. The metal ended at U*****.80/465.30 an ounce against New York's 466.25/467.00 close and the 479.80/480.30 finish here on Thursday. On the local market gold lost HK$l29 to end219 words
-
Article646 1987-10-31 4 Reuter SINGAPORE THE MARKET yesterday closed slightly higher wiflh November 1 RSS buyens quoting at 214.00 up 0.25 cent from Thursday's close, dealers said. 1 Dealers said the Inrlo buffer stock manager again offered RSS One rubber it 235 Malaysian cents a kile. RSS Three at 231 cents aridReuter - 646 words
-
-
Page 4 Advertisements
-
Advertisement1203 1987-10-31 4 II HEAD OFFICE 96 BOULEVARD HAUSSMANN ***** PARIS BANQUE INDOSUEZ SINGAPORE BRANCH 3 Shenton Way, Shenton House, Singapore 0106. Maxwell Road P.O. Box 246 Singapore 9004 Tel: *****11, Facsimile: *****40 Telex: Indocab RS ***** Cable: Indosuez Singapore. CONSOUDATED BALANCE SHEET AT DECEMBER 31, 1986 (in millions, at December 31. 1986)1,203 words
-
-
BANKING AND FINANCE
-
Article836 1987-10-31 5 INTEREST RATES OPTIONS FfWay. Oct 30 1987 EURODOLLAR (MMEX) Oi m n mi IB E >oc 87 pwta Lot SM Mm Low SM •930 310* 306 I 9000 2606 259 1 9050 3108 300 I 9100 162* 159 4A 3 91 as 1388 136 5A 5 9130 116* 114836 words
-
Article, Illustration173 1987-10-31 5 Indicate» Mm average of tfie prim* Iwdhfl rrtu of 12 bonks In S'pore Interbank market rates (offer/bid) on Oct 30 US» DM SWFC Ywi 7 day. 7 7/« J/« 1/4 3 s/« i/a a i 3/4 4 1/4 1 Htfh 7 1/1* 1/1* 3/1* 1/1* 3 s/i173 words
-
Article380 1987-10-31 5 Asian market ASIAN DOLLAR deposit rates yesterday closed little changed from opening levels in quiet pro-weekend trading. Dealers said the recovery of share prices on the Asian markets yesterday did not have very much impact on trading. Most operators were sidelined as they awaited the release yesterday of US September380 words
-
Article86 1987-10-31 5 Treasury bills Period Issue Yesterday's closing Day's code Maturity WD OFFER HIGH LOW 3 month* BQ*****X 24.1.88 3.54 3.49 3.53 3.53 6 fixiHirtw BS*****S 21.4.88 3.60 3.55 3.58 3.58 1 year BY*****S 22.09.88 3.65 3.60 3.65 3.62 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing86 words
-
Article120 1987-10-31 5 Gold futures on Oct 29 100 tray ouncK USS par troy ounce OPM Mgk Low urn No* 466.30 •11.20 Dac 472. JO 475-70 464.00 464.70 -11J0 Fab M 479.00 481.30 470.10 474.60 -12.00 Af 445.00 4M.00 476.00 480J0 -1220 Mm 490JO 492.00 4I3J0 486.50 -12.50 Aug 499JO120 words
-
Article704 1987-10-31 5 SINGAPORE: THE US dollar yesterday closed slightly firmer against major currencies compared with New York's levels, after moderate but nervous trading. It rose to 138.95/139 10 yen from the day's low of 138.40 and compared with New York's 138 70/80 close. It ended at 1.7405/15 marks against New704 words
-
Article60 1987-10-31 5 THE OVERNIGHT RATE on the Singapore interbank market rose 1/4 point to end at 4K per cent yesterday. The term rates rose 1/4 point across the board. S$ Interbank rates at 7pm yesterday: orm mo Owrnig* 4 1/4 4 4 1/U 3 IS/I* 2-«non* 4 3/1* 4 l/l*60 words
-
Article381 1987-10-31 5 Trsdhi| SIMEX l on Orlifcn M 1M7 0*m tow I*, b V* Op/to Vat EUROOOLLAR OK 97 9242 MA» 0242 fUl 93(5 14(14 393. Mar 99 92.29 92.46 92.29 9247 IS4I To54 J-> M 9143 91.929 91.$3 9146 50 3003 75 WM 91.466 91.47 71 f 33 421 90.90381 words
-
191 1987-10-31 5 DECEMBER Eurodollar yesterday opened 5 ticks higher than Chicago's close at 92.52 and continued to trade higher on anticipation of easing Fed policy. After the high of 92.69, the December contract backed off on profit-taking in thin and nervous trading. The December191 words
-
-
Page 5 Advertisements
-
Advertisement174 1987-10-31 5 The University of Melbourne Graduate School of Management MBA Applications are invited for admission to the 1988 MBA program. This is a two year full-time program commencing in March 1988 and is offered on a full fee-paying basis to overseas students. Applicants should have a university degree and at least174 words
-
Advertisement387 1987-10-31 5 SirtGAPORE AIRLinES (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Singapore Airlines Limited wishes to make the following announcement: 1 UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 1987 Revenue OPERATING PROFIT After accounting fonInvestment income Finance charges Depreciation of fixed assets Profit on sale387 words
-
-
WORLD MARKETS
-
351 1987-10-31 6 Reuter STOCK PRICES as measured by the Dow Jones Industrial Average would have fallen up to 100 points more on Oct 19 if institutional investors had not been able to hedge their equity holdings by selling stock index futures, Mr William Brodsky. presidentReuter - 351 words
-
Article933 1987-10-31 6 New York Reuter WALL STREET stocks rallied into the final hour of trading on Thursday, with investors beginning to find attractive prices among battered blue chips. Some buying was prompted by signs of returning stability after the Oct 19 crash. The Dow Jones Industrial Average gainedReuter - 933 words
-
748 1987-10-31 7 London Reuter THE Financial Times/Stock Exchange index of Britain's leading 100 shares rose 64.6 points or 3.8 per cent to 1,746.6 at the opening. Dealers said the UK government's overnight move to limit underwriters' losses from the undersubscribed £7.2 billion British Petroleum shareReuter - 748 words
-
Article930 1987-10-31 7 Amsterdam oct a u ABN 37 40 St 90 1J AhS? 66 00 -f 6 4 Akzo ***** Alranta 146 40 AMEV...„ Amro Bank Am Siad 42 90 96 90 87 90 0.1 •1 0.30 -0 7 BOLS 112.00 Boraumtj Bu«hrm*n T«Mi CM* 80 50 trod* 40 JO 716 *3.5930 words
-
Article1301 1987-10-31 7 Hongkong SHARE PRICES in Hongkong closed higher yesterday. rebounding from Thursday's losses, but selling pressure pushed the Hang Seng Index well below its highs for the day, brokers said. The Hang Seng Index finished 35.61 points, or less than 2 per cent, above Thursday's doee at 2,240.13. It1,301 words
-
Article129 1987-10-31 7 OCT M WON Chail Sugar Daatim Ind Daewoo Corp 0—woo Heavy Oaiahin Sacunftaa ***** ***** ***** 3UOO uncf> 100 -10 •140 *200 Dong Ah Pttar Dong SoK Stock Dongbu Staai ***** ***** ***** 200 700 Goto Star Ha nil Bank Ha mi Camarx Hankuk Glass Hanyang Ctttmical Hyunda"ConM Hyundai129 words
-
Article445 1987-10-31 7 Reuter JAPANESE ihirt prices roared higher yesterday, wiping out Thursday's losses. Impressive gains on Wall Street overnight and a steady yen/dollar rate attracted buyers, brokers said. The 225-share index surged 731.15 points or 3.3 per cent higher to close at 22.766.04. a few points off the day's highs. OnReuter - 445 words
-
Article385 1987-10-31 7 Reuter CONCERN over the Australian dollar's wssknosi and Wall Street's likely overnight performance saw the Australian national share market doee up but well off the day's early highs, brokers said yesterday. Solid performances on Wall Street and in London overnight sparked the early buying spree. But (ailing bullion pricesReuter - 385 words
-
Article160 1987-10-31 7 Reuter THE STOCK EXCHANGE oi Thailand Index yesterday fell 7.7 ft point* to 299.83 on turnover of 6.11 million shares valued at 430.66 million baht. OCT M BAHT *b Ao Kham Thai Ayudhya tmrntma L Bangkok Agro-4nd Dank 101 -6 Dorm........ Bank O Ayudhya Charoong Thai Win m -14Reuter - 160 words
-
Article258 1987-10-31 7 OCT M «T» All Slncara Indus Am Camani Cathay Con* Chang Hwa Bank Chang Loong Chia Hain Camant Chin Hain Flour China Cham China Oav China Elact Wlra China Golf Plaa. Chma Rabar China Siaal Chung Hwa Puip Chung Shtng Tax Far Eaat Dap* Far East To* Fir* Bank258 words
-
Article91 1987-10-31 7 OCT 1 Aco|« Mining Ar>glo PhM Z a«i 0.C Ap«> Mining B 0 0675 unoh Attn Con 6 ....27 •1 Baguto GoM Basic Patrotaum 0010 unch Banguat Con B ....70 -10 FiraJ Pttrt Htdga 9 50 1.J Lapanto B 0.47 Ot Mtrcopp+r MarstMl Oriental B PI Ml OvMINI r.91 words
-
-
Page 6 Advertisements
-
Advertisement911 1987-10-31 6 re to wine, tfiae aiwl 999 9 9 Mama Ma) Pate's Place introduces more exerting gastronomic treats for al lovers of Italian food. SOUP AND SALAD Light ealers can now select from a variety of four homemade soups and hefo themselves to our e¥er popular salad bar. $10.50* EARLY BIRD911 words
-
Advertisement241 1987-10-31 6 Mandarin Singapore presents A\\feek of Tliritish Delight 30 October to 4 November There's Princess Banu 4nd a bevy of beauties, a collection of carpets a»d TUrkish cuisine prepared by Ankara chefs. Plus air tickets to be won. At The Belvedere (sth floor) Buffet lunch and fashionshow: 30 October to 4241 words
-
-
Page 7 Advertisements
-
Advertisement294 1987-10-31 7 w in (SriU ST 9 < c 4 9 v Sunday Brunch: A great family outing. If s a wonderful way to combine a late breakfast with an early lunch on a lazy Sunday. Sausages, bacon, eggs any way you want them oysters, smoked salmon, tasty entrees, roast... right through294 words
-
Advertisement219 1987-10-31 7 BID CANTON CARPGN IS W sfv |H Pleasing, contemporary surroundings. With exquisite lunchtime dim sum and delicate Cantonese cuisine fit for an emperor. Closed on Mondays. 3rd Floor, Westin Plaza. For reservations, call 338 8585 ext. ***** or 330 8310. The Westin Plaza Raffles City 2 Stamford Road, Singapore 0617.219 words
-
-
PERSPECTIVE
-
Article481 1987-10-31 8 CINEMA GOERS these past few weeks have been Setting a glimpse of the potentially ridiculous lengths to which privatisation can be taken. The movie Robocop is giving the law-and-order conscious Singapore public a look at the future of law enforcement. Officer Murphy, reincarnated as a cyborg,481 words
-
Article, Illustration1098 1987-10-31 8 CHUANG PECK MING - Economists seldom agree about the economy. There is some consensus, however, among some economists who shared their views on how the stock market crash will affect the Singapore economy. They rule out a depression, but say slower economic growth can be expected next year. CHUANG1,098 words
-
Article113 1987-10-31 8 A REPORT appeared in the issue of the Business Times of 19th October 1987 to the effect that Mrs Khoo Teck Puat, nee Rosie Marie Wee, the second wife of Tan Sri Khoo Teck Puat, "used to work as a cabaret girl". The report was published by us on113 words
-
232 1987-10-31 8 John M Carter - Letter to the Editor John M Carter Ex-Serviceman VjkfM El All A I 1-1 I our noyai mgnottt The British Community in Singapore is awaiting, with keen anticipation, your visit to Singapore. Enthusiasm has been heightened by the news that you have graciously232 words
-
339 1987-10-31 8 D W Distant - D W Distant Dear Sir Telecoms is generally known as an efficient organisation but my experience on Oct 20 shattered this image for me, although I remained impressed by the patience and courtesy of its staff. On Oct 14,1 sent Telecoms an "Application for Deposit339 words
-
-
Page 8 Advertisements
-
Advertisement278 1987-10-31 8 SOUTH MALAYSIA INDUSTRIES BERHAD (Incorporated In Malaysia) NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the 16th Annual General Meeting of i S ompany w Sri Banang on the Mezzanine Floor of Holiday Inn, Jalan Dato Sulaiman, Century Garden, ***** Johor Bahru. Jonor on Thursday 19th November 1987 at 11.00278 words
-
Advertisement51 1987-10-31 8 rMdm. Your your signature, full numbors, If any. You moy add a pseudonym, H you Addrtti vour Itttari to* J Wt IVVIWO Wr« Tho Editor. Businoss Timos, 990, Kim Song Rood, Singapore 0823. PLAV GOLF THE SEV.VY WAV Tighten-up your fjame Let Sevvy Ballesteros show you how In BT every51 words
-
-
Page 8 Miscellaneous
-
Miscellaneous767 1987-10-31 8 U H5 18 19 CRYPTIC PUZZLE ACROSS 8 The keeper gets a dog and the table's turned (7) 9 Only maintain'-you have right to (4, 5) 13 Promises to change the hat's band first (5) 14 Thought the figure absolutely perfect (5) 15 He throws something from the vessel (7)767 words
-
Miscellaneous24 1987-10-31 8 —cfcenC rve so rnucH ljo£k en going wef\RLy I' Ll_ CPvTCH Tne rniiK i<~ "n. ©Evening Standard Co.ltd,l»M-19«7 GOLD TOP compp.RTrriG.N-r Np.ro(?BU_Y 1 S—?24 words
-
-
Executive Lifestyle
-
Article308 1987-10-31 9 ONE COSMETIC COMPANY'S version of public relations has left some women rather red and blotchy of complexion and we don't mean spotty, just furious. "Imagine," said one unwilling victim, "a messenger arriving at your front door to deliver an unsolicited gift a pink packet containing a308 words
-
Article217 1987-10-31 9 TRENDS WHAT DO world records and marriage have in common? Plenty, If you ask Molina Sanders. Tho 18-year-old has boon attempting to broak Iho world polo-sitting rocord and in Iho procoss, snarod a marrlago proposal from a man 99W9 V llilll IllWl* For tho217 words
-
Article, Illustration828 1987-10-31 9 MONICA GWEE - With MONICA GWEE WHEN Mr New Yorker says "your place or mine?" he's very probably being practical. His date might live in a larger space than the many closets New York yuppies dwell in often at exorbitant rents in Manhattan or in the patches828 words
-
Article, Illustration1269 1987-10-31 9 JUNE LIM - BT's exclusive section for the discriminating executive By JUNE LIM AN OLD LADY taught me how to hitch a ride in Ireland. In between selling sweets and teaching young lads a thing or two about proper behaviour, shePictures by JUNE LIM - 1,269 words
-
Executive Lifestyle: Entertainment & Pursuits
-
Article, Illustration977 1987-10-31 10 RICHARD SEAH - HEALTH By RICHARD SEAH EIGHT WEEKS to Christmas and it's about time to start making fruit cakes. No, this has not turned into a junk food column. But while those ultra-sweet, rich cakes are not health foods to be encouraged, they can be977 words
-
SHORT TAKES
-
Article192 1987-10-31 10 WANT TO DELIVER flowers with a difference? Get Doily Parton to "bust" her way through your favourite guy's office doors? Or get Michael Jackson to tell the woman you love to hate to "beat it"? You don't even need cash, just charge it to your Diner's192 words
-
Article165 1987-10-31 10 A MOTORIST in Sweden helped police nab a suspected thief only to be fined for going through a stop sign as he tried to keep up with the fleeing car. "I will never help the police again," said Lennart Frostby, 25. He told reporters that he165 words
-
-
Article, Illustration545 1987-10-31 11 JAIME LYE - THEATRE By JAIME LYE IF YOU SAW someone keeling over into his salmon terrine at Rutherford House the other night, you can be sure it wasn't due to food poisoning or a bullet in the back. It s more likely that he'd just had545 words
-
Article, Illustration509 1987-10-31 11 BRIAN MILLER - NIGHTSPOTS By BRIAN MILLER YOU'VE probably seen, heard or read about Heaven Knows that fab all-girl band now playing at Celebrities. If you liked what you saw, then here's news for you. Because, just down the road at the Dynasty Hotel there's another509 words
-
Article894 1987-10-31 11 CINEMA: The Wltche* of Eaatwlck starring Jack Nicholson, Cher, Susan Sarandon and Michelle Pfeiffer. Showing at Lido: 11; 1.30; 4; 6.45; 9.15. The Kindred— starring David Allen Brooks, Amanda Pays, Tal•ia Balsam, Kim Hunter and Rod Steiger. Showing at Cathay: 11; 1.30; 4; 6.30; 9. The Untouchable» starring Kevin894 words
-
Article, Illustration843 1987-10-31 11 MONICA GWEE - FASHION French designer Jean-Charles de Castelbajac was in Singapore to show his Spring/Summer collection as well as to conduct a seminar for young designers. A guest lecturer at the Fine Arts University in Vienna, Austria, he speaks to MONICA GWEE about the state843 words
-
-
Executive Lifestyle: Sports
-
Article, Illustration409 1987-10-31 12 WALTON MORAIS - *&OZ.F By WALTON MORAIS THE SAMSON JUGGERNAUT •rolled unerringly towards a second straight title in the Hongkong Amateur Open golf championi ship yesterday. J With a 68 yesterday, Samson ;Gimson, Singapore's big-hitting leading amateur, built up a five-stroke lead at the halfway .stage of the 72-hole409 words
-
Article, Illustration559 1987-10-31 12 UPI 'A NEW AUSTRIAN 18-hole golf [project, designed by American legend Jack Nicklaus, is Ijkely to !put the country on the map for Jboth amateur and professional golf enthusiasts. Austria is in the midst of a golfing boom, riding on theUPI - 559 words
-
Article, Illustration174 1987-10-31 12 TENNIS Reuter FORMER world number one John McEnroe edged nearer to the coveted diamond encrusted winner's trophy on Thursday by beating Argentine Martin Jaite 6-4 6-4 in the second round of the U*****,000 European Community tennis championship. McEnroe, winner of the championship last year, hasReuter - 174 words
-
828 1987-10-31 12 MIKE THUMBA - BRIDGE By MIKE THUMBA EDWIN KAMTAR, a leading writer on bridge in the US. offered the most comprehensive and practical approach to "No-trump defence". Though defence is the most difficult aspect of playing bridge, it is. he says, "a matter of logic". If you are828 words
-
Article, Illustration603 1987-10-31 12 Brian Miller - RACING on TMCK with Brian Miller VISITING English jockey Geoff Baxter has an outstanding chance of getting off with an early winner at Bukit Timah this afternoon and his first taste of victory should come in the day's second603 words
-
303 1987-10-31 12 Brian Miller - FISHING by Brian Miller THEY'RE BITING OFF Mersing and if you're interested in grabbing a piece of the action, then sign up for Singapore's premier sportfishing event the annual saltwater tournament to be held in the waters off Mersing from Nov 5303 words
-
353 1987-10-31 12 SQUASH AFP PAKISTAN and Australia, without doubt the two leading countries on the men's squash scene at the moment, will meet in the semi-final of the world team championship in London on Friday in a match which seems sure to decide the destinyAFP - 353 words
-
Article197 1987-10-31 12 BOXING Reuter AMERICAN Thomas "hit man" Hearns knocked out an awkward Juan Domingo Roldan with a hammer-right hand in the fourth round on Thursday to win the vacant World Boxing Council (WBC) middleweight championship and capture a record fourth world title. Hearns staggered Roldan withReuter - 197 words
-
-
Executive Lifestyle: Personal Investment
-
Article, Illustration474 1987-10-31 13 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI LAST WEEK, readers were advised by this columnist to monitor the situation in the market and wait for lull signs before taking the plunge. Much as the Singapore market had become extremely oversold, the situation was still fragile because the bullish psychology had474 words
-
421 1987-10-31 13 STOCK MARKETS RC WHILE IT MAY BE too early to say that a bottom has been reached, the worst part of the storm that has blown over world equity markets is now behind us. Stock values have probably seen most of the declinesRC - 421 words
-
Article1571 1987-10-31 13 ALVIN TAY - CPF INVESTMENTS By ALVIN TAY THINK LONG-TERM that seems to be the advice of bankers and fund managers to Central Provident Fund members who are still holding on faithfully to their stakes in shares or unit trusts, acquired under the 18-month-old Approved Investments Scheme (AIS). But investors will1,571 words
-
438 1987-10-31 13 Ruth Corb; Jeremy Eckstein - ART by Ruth Corb and Jeremy Eckstein Sotheby's Research Debarment THE 'BLACK' times seen in world stockmarkets are prompting some observers to ask what implications there might be for the art market. First, it is essential to point out that perhaps too much emphasis hasSotheby's Research Debarment - 438 words
-
Article545 1987-10-31 13 PATRICIA M SCHERSCHEL - BUYBACKS By PATRICIA M SCHERSCHEL IN THE WIDE WAKE of the Crash of '87, US companies are lining up to buy back their own stock. Within the first week of the crash, more than 100 companies had announced buyback plans. Earlier this week, IBM joined545 words
-
643 1987-10-31 13 LISA LEE - PORTFOLIOS By LISA LEE AS SMALL INVESTORS adjust to a harsher climate after the idyllic conditions of a bull market, little good news seems to permeate the gloomy horizon. Market observers say that the shock of the worldwide slump will continue to reverberate around the643 words
-
-
-
Page 9 Advertisements
-
Advertisement97 1987-10-31 9 The Hour Glass premier watch Doutkjue with the largest range of watches in these convenient locations When you shop at The Hour Glass you shop with confidence. You're assured of the absolute authenticity of every timepiece you buy. of professional advice, competitive prices, international guarantees and after-sales care. r i97 words
-
-
Page 10 Miscellaneous
-
Miscellaneous2513 1987-10-31 10 Sellers, Aykroyd and Bugsy Malone Movies WHATEVER you do, don't make Drew Barrymore angry. She's liable to set you on fire. In Flreetarler, she stars in this rather silly yarn based on Stephen King's novel about a little girl who inherits some blazing talents from her parents, and is pursued2,513 words
-
-
Page 11 Advertisements
-
Advertisement264 1987-10-31 11 PEEP THROUGH THE GATEWAY OF CHINA AND DISCOVER IT'S CENTURIES OF SPLENDOURS Short Trips Selects 7D Beijing Discoveries (Fri) Fr $1748 7D Beijing Harbin Special (Fri) Fr $1788 100 Beijing Harbin Lijiang (Fri) Fr $2348 100 Tales of 3 cities (Fri) Fr $2188 7/90 Science China (Fri) Fr $1488 80264 words
-
-
Page 12 Advertisements
-
Advertisement437 1987-10-31 12 K51g38 In The Matter of The Companies Act Cap SO And In The Matter of PENTA SUMA PTE. LTD (Th Voluntary Liquidation) Members' Voluntary Winding Up. an Extraordinary .spneral Meeting of the .gvpmbers of the abovenamed Company duly convened and held at Jalan -fitfllkpapan Raya/14 Jakar.ta,Pusat, Indonesia on the 2xth437 words
-
Advertisement418 1987-10-31 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND ABLECOM INTERNATIONAL PTE LTD (Incorporated in the Republic of Singapore) At an Extraordinary Oeneral Meeting of members of ABLECOM INTERNATIONAL PTE LTD duly convened and held at 10 Anson Road. #15-19 International Plaza, Singapore 0207 on the 30th October 1967418 words
-
Advertisement416 1987-10-31 12 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 PITT WADDELL BENNETT SINGAPORE PTE LTD VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held at 429 Grlmshaw Street, Bnndoora, Australia 3063 on October 26, 1987 the following special resolution was duly passed: "That the Company416 words
-
Advertisement5 1987-10-31 12 HmxX week: No-Trump Third-hand Play5 words
-
-
Page 13 Advertisements
-
Advertisement385 1987-10-31 13 Q I MIAiAAjMAA InuAAIMtAMI |J4AA« i wwtcofTi®* investment loeas ano viewpoints from brokers, bankers end other reeders. Address ell correspondence to: The Editor, Personal Investment, Business Times, 390 Kim Seng Rood, S'pore 0923. NOTICE IS HEREBY GIVEN that I Wong Ong Teck of No. 12A Ghim Moh R<T,, #08-30, Singapore385 words
-
-
STOCK EXCHANGE OF SINGAPORE
-
Article, Illustration4140 1987-10-31 14 ON THE BACK of recoveries in stock markets around the world, especially Japan, Singapore share prices yesterday rose sharply across the board for the first time since Oct 22. The Straits Times Industrial Index gained 39.01 points to close at 010.55. while the4,140 words
-
Article247 1987-10-31 14 RISM SINGAPORE tad AA ICM Ob 29 Oo 30 UN MO 900 299 CaU km l Op 434 W 410 •c S *00 C«n>ii 50* 37* S'M 450 Falls im n—B*i» iso Nrtiiair Wm 42 S* Mrta M 90 UCX Wm X W G«f«m ISO ««»»—1 270247 words
-
Article5007 1987-10-31 14 SECTION ONE MDUSTMAL COMMERCIAL Acmo tt I 13 Ql I 15 (II 1.14 111 112 ia i.u a 113 in la) mi 116 111 I 15 Oil I 18 Akaa 060SJ Amol Steal 50« II 23 SI 151 105 0461 Ilk (1231 1.20 (731 I5,007 words
-
-
COMPANY NEWS
-
325 1987-10-31 15 Reuter THE US$l2-BILLION offering of British Petroleum Co PLC might be difficult for the world's stock markets to digest despite efforts by London to cushion the expected fall, securities analysts and traders in New York said. British ChancellorReuter - 325 words
-
376 1987-10-31 15 MBT UNITED Malayan Banking Corp (UMBC), long rumoured to be the next commercial bank to seek a public listing on the KLSE, has posted a set of "reasonable and consistent results" despite the economic downturn. For the 18 months endedMBT - 376 words
-
4073 1987-10-31 15 SHARE PRICE on the Kuala Lumpur stock market yesterday closed higher across the board for the second consecutive day in brisk trading. Business volume remained high. Total turnover was 36.48 million units valued at $60.0 million compared with Thursday's 37.58 million units worth4,073 words
-
Article273 1987-10-31 15 Managers' prices for Oct 31 No> r 2 Singapore Unit Trust TH* Cowwrct 0*1 100 Th* Sovngt 07» 087 S pots Prog Kind 0 34 041 S'por* Sac Kmd 0*1 047 Spor* Fund 064 071 S'por* Equity Kind 0 45 OX Asia Unit Trust Mai ImOTt hind 1273 words
-
Article114 1987-10-31 15 HONGKONG Hongkong Index Fridoy *****4 Thursdoy 1434.00 Wook 090 Susp*nd«d Hong Song Index Fridoy *****3 Thurtdoy *****2 WMlr 090 Susp«fid«d TOKYO Nikkei Average Friday *****04 Thvrjday *****89 W Mt ogo ***** 22 TSE Index Friday 1867 18 Thursday 1824.29 W eek ago 1894 97 SYDNEY All Ordinaries Friday114 words
-
481 1987-10-31 15 ELAINE KOH - By ELAINE KOH THE STOCK EXCHANGE of Singapore posted a pre-tax profit of $18.65 million for the year ended June 30. a hefty improvement compared with last year's loss of $5.25 million. This is in spite of its having to contend with a481 words
-
Article75 1987-10-31 15 ALL DBS LAND share certificates were sent to successful applicants a full week before the counter was listed two days ago, according to DBS Bank, lead manager of the new issue. DBS Bank said yesterday that the certificates were sent out on Oct 2275 words
-
-
Page 15 Advertisements
-
Advertisement667 1987-10-31 15 £27 Manufacturers HANOVER MANUFACTURERS HANOVER TRUST COMPANY AND SUBSIDIARIES CONSOUDATED STATEMENT OF CONDITION (In Thousands) December 31, Accompanying notes which form an integral part of the financial statements can be found in the bank's Annual Report, copies of which are obtainable on request from the bank's Singapore office. CONSOUDATED STATEMENT667 words
-
-
758 1987-10-31 16 LEE HAN SHIH - Stock market crash dampens sentiment By LEE HAN SHIH Property Correspondent SENTIMENTS in the property market have been dampened by thto stock market craah, but pricea for moat properties are likely to hold steady at least until the end of the year. Property758 words
-
Article, Illustration421 1987-10-31 16 Agencies NINE MORE persons were arrested in Malaysia yesterdsy bringing to 88 those detained under the Internal Security Act in a continuing security operstion by the government aimed at reducing racial tensions. Police said as "precautionary measures" they had set up road blocksAgencies - 421 words
-
555 1987-10-31 16 ELAINE KOH - By ELAINE KOH THE SINGAPORE Society of Accountants hopes to persuade the authorities to place statutory limits on the profession's liability to claims. This was the recommendation by the SSA in a report that has been submitted to the Ministry of Finance. The555 words
-
441 1987-10-31 16 BRIAN GOMEZ - By BRIAN GOMEZ Foreign Editor ASEAN ECONOMIC ministers yesterday agreed to recommend measures to further boost intraregional trade and investment and to liberalise the use of the six Asean currencies. The two-day meeting to finalise proposals for the forthcoming Third Asean Summit,441 words
-
515 1987-10-31 16 AFP THE US should reduce its "twin deficits" in trade and finance to help stop wild fluctuations in stock prices and foreign exchange rates around the world, Japan's next prime minister Noboru Takeshita says. In an interview with AFP, Mr Takeshita alsoAFP - 515 words
-
143 1987-10-31 16 Bernama THE MALAYSIAN High Court yesterday certified documents to be used in committal proceedings against former Ka Wah Bank vice-president Datuk Low Chang Hian and five others in Hongkong. Registrar of Companies Ms Masita Che Lah tendered in the documents relating to 54 companies,Bernama - 143 words
-
164 1987-10-31 16 Reuter CURRENCY MARKET fluctuations could cause problems for West German exports next year. Economics Minister Martin Bangemann said in a ministry statement: "The performance of West German exports in 1988 will be largely dependent on global currency market developments. Export difficulties can beReuter - 164 words
-
Article97 1987-10-31 16 THE GOVERNMENT has banned lour Malaysians who have interfered in Singapore's internal alia irs Irom entering the country, the Ministry ol Home Affairs announced yesterday. The lour Malaysians are: Param Cumaraewamy, president ol the Malaysian Bar Council; Kwame Sundram Jomo. director of the Institute lor Social97 words
-
Article91 1987-10-31 16 Reuter GOLD FUTURES edged higher on scattered bargain hunting support after yesterday's sharp losses on reports ol central bank selling of gold in offshore markets. In cautious morning business, December gold rose US$O.6O at U*****.20 an ounce. Meanwhile, Comex silver fu- turss recovered a fraction ofReuter - 91 words
-
LATE FILE
-
Article58 1987-10-31 16 Reuter CHINA'S top leader Deng Xiaoping has revealed plans to futt the ruling Communist Party's central committee, informed Chinese source* said yesterday. "If this turns out to be so, then it's a very significant development. It's s sure sign he is confident about the questionReuter - 58 words
-
Article45 1987-10-31 16 UPI THE CHINESE Air Force has rescued all foreign tourists trapped for a week by a snowstorm in Tibet but more then 100 other people and teams of US and Japaneee mountaineers are still missing, Chinese snd Western sources ssid vesterdav.UPI - 45 words
-
Article34 1987-10-31 16 AP RADICAL students battled riot police yesterday at two Seoul colleges, urging the immediate fall of the government and that gevernment candidate Roh Tee-Woe drop out of the presidential race.AP - 34 words
-
42 1987-10-31 16 UPI A BHOPAL judge yesterday gave the Indian government end Union Cart>tde\ Corp a little more then two weeks to negotiate an out-of-court settlement to compensate thousands of victims In the December 1964 Bhopal gas leak disaster. UPt <UPI - 42 words
-
Article34 1987-10-31 16 AFP SRI LANKAN Preeldent Junius Jayewerdene will diecuss e possible bilateral treaty with Indian Prime Minister Rajiv Gandhi during a meeting In Nepal next week', he said yesterday. AFPAFP - 34 words
-
Article56 1987-10-31 16 AP ERRORS by the pilot end the control tower ceused e Thai Airways jet to plunge into the see off the resort island of Phuket last Auoust. killing *M 83 people aboard, the he*f of the investigating committee disclosed yesterday The licence of theAP - 56 words
-
-
Page 16 Advertisements
-
Advertisement0 1987-10-31 16 $@!%{\"};"(_~"|!$;_}$()|<,:]<_$0 words
-
Advertisement26 1987-10-31 16 Frauds will drlva away investors, Paga 2 L r. \{A RAYMOND WEIL GENEVE f/ill/f 6Scxsttsßcxxl #01-16Scotts. It WIHW Singapore 0922. Tel 7373-708 CRYSTAL HME(S) PTE LTD26 words
-