The Business Times, 30 June 1993

Microfilm: NL18530
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    14 1 BUSINESS TIMES Ml IA(P) 552 12 Wednesday June 30 1993 HI: know ASIA 75*
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  • 2am LATEST
    • Article
      Lock icon Philips to base audio business in S'pore
      69 1 Reuter EINDHOVEN. Netherlands Philips Elcctronies NV is switching the headquarters of its audio business group from Eindhoven to Singapore and its product activities for portable audio will be managed from Hongkong. "In order to strengthen the Philips position as a key player in
      Reuter  -  69 words
    • Article
      Lock icon Navy officers warn of mutiny
      49 1 Reuter KIEV Navy olTiccrs have threatened a mutiny against the presidents of Ukraine and Russia, saying they would not carry out an agreement to split the Black Sea fleet. They have called for the 300-ship fleet to be placed under exclusive Russian jurisdiction. Rcutcr
      Reuter  -  49 words
    • Article
      Lock icon UK minister hits out at fraud office
      80 1 Reuter LONDON A British minister has accuscd anti-fraud authorities of activities which could prejudice a fair trial for fugitive businessman Asil Nadir. Michael Mates, who resigned after his involvement with the Nadir case embarrassed the government, has accused the Serious Fraud Office of
      Reuter  -  80 words
  • Article
    MARKET SUMMARY
    115 1 Stock market indices Txsdi) Change STII 1.808.52 +25.38 KLSE Composite 720.58 -1.49 Nikkei 19.543 42 -343.34 Hang Seng 7.107.47 -40.63 SET Index 878.77 -5.77 Jakarta Composite ...358.84 +0.22 CLSA China B 937.26 -41.21 Aust All Ord 1.718 5 +3.4 FTSE 100 2.886.0 -I I I aesda) Pretious I
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  • Article
    KLSE suspends trading of Union Paper, launches probe
    537 1  -  From Leslie Lopez in KUALA LUMPUR IN A fast-escalating controversy over share manipulation in Malaysia's stock market, the Kuala Lumpur Stock Exchange yesterday suspended trading of Union Paper Holdings Bhd just before trading began and declared that shares of the company had
    537 words
  • Article, Illustration
    Singapore stocks jump 25 points to breach 1,800 level
    153 1 SINGAPORE Share prices in Singapore moved up strongly yesterday for the second day running. The Straits Times Industrials Index surged 25.38 points to close at 1,808.52, easily breaching the 1,800 level which brokers had predicted would be a tough hurdle. The
    153 words
  • Article
    Lock icon US gives dire warning as trade talks with Japan fail
    409 1 FT UPI TOKYO The US has warned Japan that their economic ties could become increasingly fraught, straining their security alliance, unless Japan responds to Washington's proposals for a framework for further detailed trade talks. A senior US administration official, speaking
    FT; UPI  -  409 words
  • Article, Illustration
    Murdoch to restructure bid for stake in Hongkong's TVB
    271 1  -  From Catherine Ong in HONGKONG MEDIA TYCOON Rupert Murdoch is revising his bid for a 22 per cent slake in Hongkong television station TVB. after hitting a snag with local legislators and China. Mr Murdoch's News Corporation said yesterday the three
    271 words
  • Article
    Int'l Factors expected to make public share offer today
    327 1  -  By Quak Hiang Whai SINGAPORE International Factors (Singapore) Ltd. a member of the Temasek-con-trolled Ecics Floldings. is expected to launch its initial public offering (IPO) toda>. Details of the issue, which is lead-managed by Standard Chartered Merchant Bank, are not available,
    327 words
  • Article
    Govt urges S'poreans to weigh risk of buying property abroad
    384 1  -  By Lilian Ang THE GOVERNMENT yesterday said it is monitoring the flood of overseas property developments being marketed in Singapore, and urged Singaporeans to do their homework before making a eommitmcnt. The word of eaution from the Ministry of National
    384 words
  • Article
    Lock icon Beijing calls provincial leaders for crisis meeting on economy
    523 1 AFP AP HONGKONG China, struggling to keep a grip on its overheating economy, has summoned a special meeting of provincial leaders to discuss "rectifying financial order", a pro-Beijing newspaper said yesterday. In a dispatch from Beijing. Ta Kung Pao said the
    AFP; AP  -  523 words
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      112 1 Centrepoint #01-30, Tel: 737 4509 Paragon By Sogo #01-19 Tel: 734 9935 CONTENTS News Companies S pore News 2 SporeMsia 9.10.11 Regional News 3.4.5 Financial 13.14 World News S Features Markets Anaiyss 27 Clot) RISE. S£S 19.20 Fdrtorial 26 Regional 17 Sports 21 World 18 TV lifestyle 23 Currencies 14
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      9 1 Regional Analysis: Pg 24 Change and reform in Malaysia
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      23 1 Hock Lock Siew: p* 9 No way but out for F&N Crisis in some Singapore broking firms oter late scrip delivery, Pr 9
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      158 1 The Bottom Line: m it's (still) the econ<ktthstupid Open a branch office tj at home. 06 01 15:41 065 33*6590 CDM Pol A *'%%>■■■ Jh To: Mr Chan Urgent ;4 From: Your Hardworking Secretary How was New Zealand? The Board of y Directors have called for an urgent meeting on
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      11 1 I I --ill ■v./ elle&se! wi 19 JUNE -11 JULY 1993
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon More tourist arrivals in sight
        288 2  -  By A J Leow VISITOR arrivals continued to increase in May. The total volume of 491,665 was 9.3 per cent higher than in the same month last year. Tourist traffic from China again showed the strongest growth, with 30,038 visitors in May or almost six
        Source: STPB  -  288 words
    • Article
      Concessions will be given in plan to tax retirement perks
      473 2  -  Non-CPF benefits, plans that satisfy ministry criteria eligible By Chuang Peck Ming CONCESSIONS will be given to approved retirement benefit plans with the move to tax all retirement perks except those provided by the Central Provident Fund. However, the tax
      473 words
    • Article
      Wang Computer trims operations to stay afloat
      420 2  -  By Joseph Rajendran TROUBLED Wang Computers Pte Ltd. currently under Chapter 11 bankruptcy protection in the US. has trimmed its Singapore-based regional operations in order to stay in the black. Acting general manager Alistair Ramsay told BT yesterday that the company has given
      420 words
    • Article, Illustration
      SCCCI ends proportional representation of clans
      346 2  -  By Schutz Lee THE Singapore Chinese Chamber of Commerce and Industry crossed its first hurdle yesterday in its bid to abolish its clan-based election system when proposals of a special Review Committee were accepted at a closed-door council meeting. A chamber official confirmed a
      346 words
    • Article, Illustration
      Myanmar beauty contestants win S'pore trip
      165 2 THE top prizes were allexpense paid holidays in Singapore. And this drew about 3.500 aspirants to Myanmar' s first nationwide beauty contest in a long time. The Miss Konica Photogenic contest, held last Saturday, was organised by Singaporean businessman Low Kim Yong. the agent
      165 words
    • Article
      Re-zoning of land will not attract tax, says Dr Hu
      485 2  -  Select Committee hearing on the GST By Chuang Peck Ming RE-ZONING of land will not be captured by the goods and services tax net. Finance Minister Richard Hu said yesterday. Clarifying the matter on the final day of the Parliamentary
      485 words
    • Article
      Czech trade mission woos S'pore investors
      155 2 SINGAPORE A trade mission from the Czech Republic made a one-day visit to Singapore yesterday. About 20 Czech businessmen and government officials met local businessmen and made a presentation at a function organised by the Trade Development Board. The visitors said the Czech Republic
      155 words
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      856 2 Epson Makes Business A Pleasure. EPSON INGA£)BANK Internationale Nederlanden Bank N.V. Registered Office: De Amsterdamse Roort 1102 MG Amsterdam Zuidoost, The Netherlands BALANCE SHEET AS AT 31 DECEMBER 1992 I PROFIT ANIrLOSS ACCOUNT FOR 1992 AFTER APPROPRIATION OF PROFIT Coneotktated Consolidated IW2 (in milhoos o. guKM) (in millions ol guilders)
      856 words
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      8 2 Appointment Ads Help You Find The Right Candidate
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  • THE REGION
    • Article, Illustration
      KL to buy 26 jet fighters: 18 from Russia, 8 from US
      620 3  -  From Leslie Lopez in KUALA LUMPUR IN ONE of its largest defence purchases this decade, Malaysia announced plans yesterday to buy 26 new jet fighters split between the Russianbuilt MiG-29 aircraft and USmade F/A-18s. Defence Minister Najib Tun
      620 words
    • Article
      S'pore includes Philippines in overseas drive
      305 3  -  From Al Labita in MANILA SINGAPORE wants to invest more in the Philippines as part of its overseas business expansion plans, according to Senior Minister of State (Trade and Industry) Lim Boon Heng. Addressing Filipino and Singaporean businessmen yesterday, Mr Lim noted there was
      305 words
    • Article
      Lock icon Petronas to stop processing crude in S'pore?
      280 3 Reuter SINGAPORE Malaysian state oil company Petronas will not process crude here from July as there has been no accord yet with two refiners for renewing term processing. Industry sources said Petronas could ultimately reduce its term processing volumes here or stop processing
      Reuter  -  280 words
    • Article
      Thailand faces growing labour unrest as workers are laid off
      508 3  -  From Alan Boyd in BANGKOK TRADE union have warned of growing labour unrest in Thailand unless the government stops hundreds of factory layoffs which have been blamed on the move towards high-technology industries. Sacked employees of a textile plant yesterday
      508 words
    • Article, Illustration
      Lock icon Suharto to meet Miyazawa ahead of G-7
      187 3 Reuter JAKARTA Indonesian President Suharto will represent the views of developing nations to the Japanese government before the Group of Seven leading industrialised nations' summit in Tokyo, said State Secretary Murdiono. The invitation is a compromise as Mr Suharto had been pressing to
      Reuter  -  187 words
    • ASIA NOTES
      • Article
        Lock icon Seoul current account turns to surplus
        77 4 Reuter SEOUL South Korea's current aeeount turned to surplus last month for the first time this year, owing to a steady rise in exports and slowing imports, the central Bank ol Korea said yesterday. Government officials and private analysts were cautiously optimistic, saying exports
        Reuter  -  77 words
      • Article
        Lock icon Ramos gets new executive secretary
        79 4 Reuter MANILA Philippine senate deputy president Teofisto Guingona yesterday accepted the post of President Fidel Ramos' executive secretary, clearing the way for Mr Ramos' sister to take over his senate position. The executive secretary- coordinates the work of government ministries. Senator Leticia Ramos-Shahani is expected
        Reuter  -  79 words
      • Article
        Lock icon Australia to buy second-hand US jets
        94 4 AP CANBERRA Australia announced yesterday it will buy 15 second-hand F-IIIG long-range strike planes from the US Air Force for AS 146 million (*****.2 million). Australian Defence Minister Robert Ray said the price includes AS6B million for spare parts, logistical support and minor modifications
        AP  -  94 words
      • Article
        Lock icon Philippine deficit seen at 40b pesos
        98 4 AFP MANILA Budget Secretary Salvador Eririquez warned yesterday that the Philippines could end the year with a 40 billion peso (552.4 billion) budget deficit. The Ramos government has been trying to shrink its deficits through new taxes and other revenue measures but Congress has
        AFP  -  98 words
      • Article
        Lock icon France hurt by S-E Asia imports
        92 4 AFP PARIS Five French industrial federations representing more than 340.000 jobs denounced yesterday what they called unfair competition from imports from South-east Asia and China. Representatives of the five federations told French Prime Minister Edouard Bahadur's staff that unless urgent steps are taken, the
        AFP  -  92 words
      • Article
        Lock icon S Korean beauty contest scandal
        71 4 Reuter SEOUL South Korean prosecutors said yesterday they had arrested the organiser of the annual Miss Korea beauty pageant on suspicion of taking bribes and fixing the results. Kim Chong Ik. former executive director of the Hankook llbo newspaper, which organises the annual beauty contest,
        Reuter  -  71 words
    • Article
      Lock icon China denies selling arms to Pakistan, Syria, Iran
      258 4 AFP BEIJING China dismissed as "sheer fabrication" American allegations of continued arms sales to Pakistan. Syria and Iran in violation of a pledge made in 1991, the Xinhua news agency reported yesterday. Since late 1992, repeated reports have surfaced of sales of
      AFP  -  258 words
    • Article
      Lock icon Major shake-up in store for China state banks: report
      517 4 AP BLUING A major shake-up is planned soon in China's network of government-run hanks, the Beijing Youth Sens (Beijing Qingnian Boo) said yesterday. The official newspaper said two new banks will be created to make export subsidies and development loans under
      AP  -  517 words
    • Article
      Lock icon Beijing vows to fight rights pressure from West
      303 4 AFP BEIJING China vowed yesterday to wage a long-term battle against human rights pressure from Western powers, and gloated over its leading role in foiling their efforts to internationalise the issue. In a scathing front-page commentary, the Communist Party's official newspaper. People's
      AFP  -  303 words
    • Article, Illustration
      Lock icon Driven by water power
      42 4 AFP CHONJO, South Korea Some of 50 ears sinking into a creek yesterday after heavy rains the previous night flooded the area The cars, parked in a nearby lot, were swept into the creek by flood waters. AFP
      AFP  -  42 words
    • Article
      Lock icon Yuan stabilises against greenback in Shanghai trading
      477 4 Reuter SHANGHAI The Chinese yuan has stabilised against the US dollar after a hair-raising slide in the country's bellwether foreign exchange swap market and dealers said yesterday, they felt the worst was over. "It should be pretty stable at around 10.S yuan to
      Reuter  -  477 words
    • Article
      Lock icon US, S Korea may propose joint nuclear inspection to North
      355 4 AP AFP SEOUL The US and South Korea may propose joint interKorea nuclear inspections as a face-saving measure for Communist North Korea, a newspaper reported yesterday. The nationwide daily Dong-A Ilho quoted an unnamed Seoul government official as saying US
      AP; AFP  -  355 words
    • Article
      Lock icon Japan industrial output down, record jobless rate in May
      423 5 AFP Reuter TOKYO Japan's industrial output in May slumped 2.4 per cent from April, dispelling hopes that the country's economic slowdown has bottomed out, the International Trade and Industry Ministry said yesterday. The ministry said the decline, on top of April's
      AFP; Reuter  -  423 words
    • Article
      Lock icon LDP suffers new setback with arrest of regional leader
      340 5 Reuter AFP TOKYO Japan's scandalwracked ruling party, facing the real prospect of defeat in July 18 polls, suffered a new setback yesterday with the arrest of a conservative regional leader for suspected bribery. The governing Liberal Democratic Party (LDP), its popularity
      Reuter; AFP  -  340 words
    • Article
      Lock icon Tokyo to beef up anti-missile system against N Korea threat
      343 5 AFP TOKYO Japan is to strengthen its defence capabilities in response to the threat from a new North Korean long-range missile, but will still have to rely on US protection for some time, government sources said. "Japan is currently unable
      AFP  -  343 words
    • Article, Illustration
      Lock icon Widespread graft haunts Bangladesh again
      406 5 AFP DHAKA Widespread corruption, the hallmark of deposed president Hussain Mohammad Ershad's regime, is again haunting Bangladesh, the opposition, media and analysts say. Citing a multitude of reported corruption cases inside the government, the bureaucracy, and the telephone, power and revenue systems, they say the
      AFP  -  406 words
    • Article
      Lock icon India returns US$2b of unspent loans to World Bank
      244 5 AP WASHINGTON India, which had a US$l3 billion (5521.1 billion) backlog of unspent loans from the World Bank in 1990, has returned unspent US$2 billion of the credits, World Bank headquarters disclosed. The bank can use the returned credit for loans
      AP  -  244 words
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      174 3 A H Dream Machine. mm I m inHnlnlllllll 1 V v I Voted personal choice, two years' running by the impeccable blend of the most advanced race-bred tenance from Malayan Motors, and prices that start Sunday Times motoring correspondent, the Jaguar technology, with the refinement of traditional at 5218.000. isn
      174 words
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      Page 4 Advertisements Column 1
      57 4 SALES SALES SALES SALES Government Tenants! HOUSING CORPORATION* BANK OF NEW ZEALAND INLAND REVENUE DPT* BROADCAST COMMUNICATIONS MANUKAU CITY AUCKLAND "In the Heart of jgSSmkBjmB|B Zealand's 3rd largest city" Estimated annual net JIRBPIBHIBcSI income NZ5875,413pa yfoywfTO I WsA ISfcg. 100% Occupancy Secure long term bankable tenants FOR A FULL INVESTMENT
      57 words
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      76 4 -<$m, \l IT THE -M 'A SINGAPORE RIVER Whatever your fancy we ve the dishes I From Tim Sum to steamboat and from J local seafood to Cantonese cuisine At the House of Four Seasons you can Aj V. v afford to choose with our interesting variety and at our
      76 words
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      Page 4 Advertisements Column 3
      76 4 5 YEAR WARRANTY TIME IMPORTED SERIES WARRANTY Qxiitol' PU FOAM SEAT ATsIATOIVI' Fully Synchronised Acttoii a^^^^^V Vjk, RELAX AT ANY POSITION /a «»i- -i' W •J'-f (A) wnung/wonung w I (B) Conference Portion (Q ,u P 0 00 WIKI 88 CENRE 2 CIRS lift > l-SSR 7111 I '3701 fL
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      Page 5 Advertisements Column 1
      260 5 Diminished worry lines leading to fine lines Removed mmu the took of 1 jfl■■ Diminishedtired baggy eyes W M ons t V wk' .PS furrowed Removed Wfr Jjjmm stress lines open pores and biackheads 'double chin' look vertical 'age sags No matter how in control you may appear to be
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      176 5 ir w XUOI— K. I*l Mb mx In i 9£." risfe? ,J1P 1 9 u I, Like Taiwan, China Airlines Is Taking Off ■I Today's Taiwan is really taking off Back tation industry. China Airlines takes ed up by one of the largest foreign ex- care of one of the
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon France rejects widening budget deficit
        125 6 Reuter PARIS Prime Minister Fdouard Balladur said that allowing the budget deficit to grow is not a means of increasing economic growth and employment. "The budget deficit is not the way to return to growth and employment, he told Europe 1 radio in an interview.
        Reuter  -  125 words
      • Article
        Lock icon M-E talks: Hopes fading?
        88 6 Reuter DAMASCUS Syria yesterday accused Israel of intransigents at Middle East peace talks' and said hopes for progress in the current 10th round had collapsed. Official Syrian newspapers urged the United States to put pressure on Israel to make concessions It said the US had given
        Reuter  -  88 words
      • Article
        Lock icon Russia forecasts huge budget deficit
        81 6 AP MOSCOW President Boris Yeltsin's government sent a 1993 budget to parliament with a deficit 50 per cent higher than it promised international lenders only a month ago, a Financc Ministry official said yesterday. The budget projects a 15 trillion rouble (USSI4 billion) deficit, said
        AP  -  81 words
      • Article
        Lock icon Spanish monarchs to visit Mexico
        72 6 Reuter MEXICO CITY King Juan Carlos and Queen Sofia of Spain will visit Mexico next month after attending a summit in Brazil of Ibero-American leaders, the foreign ministry said on Monday. The Spanish monarchs are scheduled to meet President Carlos Salinas de Gortari during their
        Reuter  -  72 words
    • Article
      Lock icon German coalition agrees to cut social welfare spending
      528 6 Reuter BONN Party leaders from Germany's ruling centre-right coalition agreed late on Monday to a controversial plan to plug the widening budget deficit by cutting social welfare spending. Finance Minister Theo Waigel told reporters after leaving the meeting in the chancellery that
      Reuter  -  528 words
    • Article
      Lock icon Russia, Ukraine sign economic accord
      210 6 Router KHARKOV. Ukraine Ukrainian and Russian border areas facing adversity clinched a sweeping economic cooperation agreement, but Ukraine's leadership warned against restoring Soviet-style ties. Ihe two countries' prime ministers Kuchma and Viktor Chernoimrdin met on Monda> for the second time in fi»e da>s here to
      Router  -  210 words
    • Article, Illustration
      Lock icon Britain asked me to kidnap Nadir: Turkish-Cypriot leader
      406 6 AFP LONDON The British government asked the Turkishes priot leader Rauf Denktash to kidnap fugitive businessman Asil Nadir so that he could be brought to London to stand trial. the BBC reported late Monday. Mr Denktash told the BBC in an interview
      AFP; Reuter  -  406 words
    • Article
      Lock icon No Gatt breakthrough unless US lifts steel sanctions: Paris
      363 6 AP PARIS Premier Edouard Balladur demanded on Monday that the United States lift sanctions on foreign steelmakers if Washington wants a breakthrough in stalled world trade talks. Mr Balladur told a news conference that the Clinton administration could write off a
      AP  -  363 words
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      105 6 79Kt&tr w r Your chance win EXCITING TRIPS AND OTHER |H|H| FABULOUS PRIZES A" To win, pick up an issue of beautiful Gold Coast, magazine from 7 June to 30 August 1993. Australia Entry forms are in the 7 June to 30 August 2™ PRIZE: issues of Busift©ssWcok magazine* Get
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      381 6 ftIACIFIC INNO-PACIFIC HOLDINGS LTD (Incorporawd m the R«ouMc of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Inno-Pacific Holdings Ltd ("the Company") will be held at 141 Market Street, 4th floor International Factors Building, Singapore 0104 on July 14 1993 at 930
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      409 7 lii This Land Of Mushrooming Golf Courses The first golf course in Malaysia to be designed, best in the world. Equally resplendent is the constructed and supervised by Robert Trent Jones, Jr. clubhouse, on 348,000 square feet of land, a To ensure that a \GT landmark by professional design traditioMl
      409 words
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  • WORLD FOCUS
    • Article, Illustration
      London should adopt S'pore's concept of medium-sized firms
      972 8  -  Reviving Britain's economy From Neville Stack in LONDON THE MAN who is acknowledged as one of Britain's most inno\ati\e economic thinkers bases his formula for revival of the country's business base on the Singapore concept of medium-sized firms. Peter Morgan, directorgeneral of
      972 words
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      1368 8 Swiss Bank Corporation in facts and figures Balance sheet at 31 December 1992 Together with the previous year's figures; after acceptance of the Board's proposals concerning distribution of profit Assets liabilities 1991 1992 1991 W2 Sir. m Sfr m. w Cash. Clearing and Postal Checking Accounts 1657 1 667 Due
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      62 8 Results off tender ffor taxable book-entry Government Bond 1993 due 1 July 1998 to be issued on 1 July 1993 Tenor approx. 5 years Amount Offered Allotted *****,000,000 Amount Applied 552,234.136.000 Interest/Coupon Rate 3.00% pa. Average Yield Price on Allotment 3.06% pa. and 99.724% Cut-off Yield and Price 3.11% pa.
      62 words
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  • COMPANIES & MARKETS
    • Article
      Broking firms face crisis over late delivery of scrip
      378 9  -  By R Sivanithy SINGAPORE Some broking firms are facing a major administrative crisis following the Stock Exchange of Singapore's warning that they would be fined for late scrip deliveries and settlement. The SES reminded broking firms in a circular last week
      378 words
    • Article
      OUB placing out 13.6 m shares to raise $82m
      249 9  -  By Soh Tiang Keng SINGAPORE Overseas Union Bank (OUB) is raising $82 million in the international capital market through a private placement of 13.6 million shares at $6 each. The shares are likely to go to fund managers and financial institutions
      249 words
    • Article
      Rejected applications lower strike price of Keppel Bank tender shares
      209 9 SINGAPORE The strike price for Keppel Bank tender shares has been adjusted to $3.50 from $3.52. The adjustment came about after 1,099 applications for 1.865 million shares were thrown out because of insufficient funds in applicants' CPF investment accounts or
      209 words
    • Article, Illustration
      Clipsal may take over 2 or 3 Asia-Pac firms
      325 9 SINGAPORE Electrical parts manufacturer Clipsal Industries (Holdings) Ltd is looking at two or three possible Asia-Pacific acquisitions which include an Australian company. Chairman and managing director Victor Lo said yesterday that Clipsal will finance the acquisitions with the US$l5.B million (5525.6
      325 words
    • Article
      Polytek Wearnes' losses leap 273 pc
      173 9 SINGAPORE Sesdaq-listed Polytek Wearnes yesterday announced sharply higher losses of $2.9 million for the year ended March 31. In addition to the 273 per cent jump in losses, the diversified industrial equipment supplier also suffered a 21 per cent plunge in turnover to $58.21
      173 words
    • Article
      No way but out for F&N group
      748 9  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE A briefing by six top officials of the Fraser Neave group on Monday showed again why it is essential for the food, drinks and property group to expand out of its traditional markets of Singapore
      748 words
    • Article
      Metro posts 11.4 pc earnings slump, plans to raise $139 m
      538 9  -  By Sylvia Wong SINGAPORE Metro Holdings yesterday announced an 11.4 per cent drop in net earnings to 55.01 million for the year to March 31 and proposed a bond and rights issue to raise net proceeds of 5139 million.
      538 words
    • Article
      S'pore Computer expands into NZ, Australia
      239 9 SINGAPORE Singapore Computer Systems (SCS), a subsidiary of governmentlinked Singapore Technologies Industrial Corporation, is investing more than $4 million in its expansion into New Zealand and Australia. SCS said in a statement that it had entered into an agreement with ComputerLand Corporation (CLC) to
      239 words
    • Article, Illustration
      Lock icon SUMMARY
      357 9 Source: Bridge Info Performance of STII's Index stocks Jun 29 Usl Sens* ladrx Mock sale Ch«* factor I no»fr> <$) (V) Avimo 2.250 0 050 1.74 2 75 CAC 6.400 -0 050 5 33 -2.75 crcbos 5 150 3 48 HAN 12-300 0600 4 51 3306 (>F Asm 2
      Source: Bridge Info  -  357 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Liem on UIC board, Lee Kim Yew retires
          81 10 SINGAPORE United Industrial Corporation (UIC) has appointed Indonesian businessman Liem Sioe Liong as a director and deputy chairman of the company, through his interest in KMP Pte Ltd, Mr Liem is deemed to have an interest in 252.6 million UIC shares and
          81 words
        • Article
          Swens to build HQ in Tampines park
          73 10 SINGAPORE Swens Asia-Pacific yesterday announced it is building a $10 million facility in Tampines Industrial Park. The facility, which will occupy 5.000 sq m of leased land, will serve as the firm's corporate headquarters. It will also serve as the conipanv's centralised factory
          73 words
        • Article
          Lock icon Antah discussing purchase of stake
          130 10 Reuter LONDON The timber and building products firm Unigroup pic said it is discussing the sale of its entire stake in Golden Pharos Bhd (GPB) with Malaysia's Antah Holdings Bhd. The company said Antah has offered to buy GPB at MS 1.90 per share. Unigroup
          Reuter  -  130 words
        • Article
          Corrections and clarifications
          33 10 IN yesterday's BT. we reported that Liang Court's USSSO million revolving credit facility was partly provided by UOB. It should have been OUB instead. We are sorry for the error.
          33 words
      • Article
        Faxcast to launch its fax broadcast network in Asia-Pac
        311 10  -  By William Chia SINGAPORE Telecommunications group Faxcast Holdings Ltd will be launching its unique fax broadcast network in the Asia-Pacific region in September as part of a worldwide launch. Faxcast. which counts the Thai Sophonpanich business family and Hongkong's Jardine Fleming
        311 words
      • Article
        Lock icon Berjaya, London firm tie up to manage casinos
        182 10 AFP KUALA LUMPUR Bcrjaya Group, a Malaysian gaming conglomerate, yesterday said it .has entered into an agreement with Universal Casino Consultants Ltd of London to jointly manage casinos in the AsiaPacific region. The parties have incorporated a company in Hongkong called Berjaya
        AFP  -  182 words
      • Article
        Lock icon AMMB and CIMB to control KL's 2nd share issuing house
        228 10 Bernama KUALA LUMPUR ArabMalaysian Merchant Bank Bhd. the prime mover of Malaysian Issuing House Sdn Bhd, together with Commerce International Merchant Bankers Bhd will together hold a controlling interest in the country's second share issuing house. AMMB and CIMB will
        Bernama  -  228 words
      • Article, Illustration
        Mount Charlotte hotels in partnership with reservations group
        220 10  -  By Schutz Lee SINGAPORE Britain's second-largest hotel group. Mount Charlotte Thistle, has tied up a new deal with reservations group Utell International to boost its overseas marketing efforts and penetrate new markets. The main target markets are Taiwan. Malaysia and Indonesia. Asia
        220 words
      • Article
        UNIT TRUSTS & FUNDS
        446 10 UNIT TRUSTS FUNDS ifUMcm pricw Jun Mt Insurance Fund Income Bond Polics 3.22 3.33 Singapore Unrt Trust The Commerce I.JJ I 40xd PTUfloWB The Savings Fund 1.20 1.26 PruLink. Mgd Fund 1.12 1.18 S'pore frog Fund 0 55 0 58 ytnt Rumimitra S pore Sec Fund 0 89 093 WWW
        446 words
      • Article
        Lock icon Sumitomo invests in America's third-biggest steelmaker
        431 11 Japanese group to pump USs2oom into LTV AFP TOKYO Japan's Sumitomo Metal Industries Ltd yesterday announced a US$2OO million (SS32O million) investment in LTV Corp, giving it a potential stake of 10 per cent in America's third-largest steelmaker. The company said its investment in
        AFP  -  431 words
      • Article
        Lock icon United Newspapers to raise £190 m through rights issue
        364 11 Reuter LONDON British publishing group United Newspapers pic said yesterday that it will raise £190 million ($283 million) through a rights issue of shares to slash borrowing and prepare for acquisitions in the next 18 months. "Initially it will reduce debt
        Reuter  -  364 words
      • Article
        Lock icon BAT to get £135 m from American Brands in cigarette swap
        266 11 Bloomberg Business News LONDON BAT Industries pic said yesterday that it will receive at least £135 million (*****.6 million) in an exchange of cigarette businesses with American Brands Inc of the United States. BAT will include the payment in
        Bloomberg Business News  -  266 words
      • Article
        Shanghai firm offers B shares to HK retail investors
        311 11  -  Operator of Pudong free trade zone aims to raise USs3om From Catherine Ong in HONGKONG THK first B shares offered by a Chinese company to retail investors in Hongkong were launched yesterday. Shanghai Outer Gaoqiao Free Trade Zone Development Co, which
        311 words
      • COMPANY BRIEFS
        • Article
          Lock icon Brent Walker plunges to record loss
          75 11 Reuter LONDON Pubs and gambling group Brent Walker reported on Monday one of Britain's biggest corporate losses, plunging into the red to the tune of £427 million (551.03 billion) in 1992. The result compares with a £407 million loss the previous year for the
          Reuter  -  75 words
        • Article
          Lock icon LWR lists at NZ$0.33 premium
          74 11 Reuter WELLINGTON Shares in apparel maker LWR Industries Ltd yesterday listed at NZ$l.9B a NZSO.33 premium to their NZ$l.65 per share offer price. LWR later fell to NZ$l.94. The offer of 30 per cent of LWR's capital by Brierley Investments Ltd closed oversubscribed on June
          Reuter  -  74 words
        • Article, Illustration
          Lock icon Milken goes back to court
          55 11 Reuter NEW YORK Former junk bond king Michael Milken (left) being escorted from a Federal Court in Manhattan on Monday. Milken had testified on behalf of corporate raider Victor Posner. who is on trial for allegedly having an illegal deal with Milken to take over
          Reuter  -  55 words
        • Article
          Lock icon Wharf (Hldgs) names new director
          58 11 Reuter HONGKONG Wharf (Holdings) Ltd said yesterday that it is appointing Vincent Fang as a non-executive director to replace F S Li. who has retired. Mr Fang, managing director of Fantastic Garment Ltd and a director of Fang Brothers Textiles Ltd and Toppy Ltd. will
          Reuter  -  58 words
        • Article
          Lock icon Sri Lanka group to launch rights issue
          87 11 Reuter COLOMBO Aitken Spence Co. one of Sri Lanka's biggest companies, plans to raise 268 million rupees (SSB.B million) through a share issue to expand and diversify its businesses, which range from tourism to manufacturing, the company said yesterday. It said the one-for-four
          Reuter  -  87 words
        • Article
          Lock icon Benetton's 450b-lira bond issues
          89 11 Bloomberg Business News MILAN Italian clothing group Benetton SpA said yesterday it will raise 450 billion lira (SS46B million) between now and October with three separate bond issues. The company said the sales are to pay back a 200 million mark (S$ 191 million) bond issued
          Bloomberg Business News  -  89 words
    • FINANCE
      • Article
        BankAmerica S'pore wins power plant advisory role
        333 13  -  By Quak Hiang Whai SINGAPORE Barely three months after starting business, merchant bank Bank America Singapore has been appointed the financial adviser to Malaysia's third private power plant project. The newly-established merchant banking arm of Bank America also closed a deal to raise
        333 words
      • Article
        Lock icon Lloyds' solvency still in doubt
        134 13 Reuter LONDON Lloyd's of London will report a greatly reduced loss for 1991, but still faces a serious threat to its solvency, said independent analyst Chatset. The insurance market's 1991 loss will fall to around £750 million (551.82 billion) from a record £2.9 billion in
        Reuter  -  134 words
      • Article, Illustration
        Lock icon Viet state bank to issue credit cards
        142 13 AP BANGKOK A slate-owned Vietnamese bank will soon hegin issuing its own credit cards, the official Vietnam Sews Agency reported on Monday. The Foreign Trade Bank, also called Vietcombank. will begin distributing the cards next month in Ho Chi Minh City, the report
        AP  -  142 words
      • Article
        Lock icon Westpac to sell gold bullion bank
        197 13 Bloomberg Business News SYDNEY Australia's Westpac Banking Corp said it will sell Mase Westpac Ltd. a major London-based gold bullion bank, to Republic National Bank of New York. No price was disclosed. Mase Westpac's operations worldwide contributed about \55.5 million (555.9 million) to Westpac's
        Bloomberg Business News  -  197 words
      • Article
        TONG BEE FINANCE COMPANY LIMITED AND SUBSIDIARY
        2070 13 (Incorporated in the Republic of Singapore) BALANCE SHEETS OECEMBER 31. 1992 The Company The Group Notes 1992 1991 1992 1991 S S S SHAPE CAPITAL 3 share phem um STATUTORY RESERVE 4 UNAPPROPRIATED PROf ITS *****00 2 000 000 1 *****0 750 5/7
        2,070 words
      • Article
        Lock icon S Korea takes steps to open financial sector to foreigners
        346 14 Bloomberg Business News SEOUL Ihe South Korean government yesterday announced a sweeping plan to open its financial sector to foreigners by 1997. The plan represents the third and final stage of a financial liberalisation programme that started last year, mainly
        Bloomberg Business News  -  346 words
      • Article
        Lock icon French insurer AGF expects to return to growth, raises stake in German associate
        311 14 FT PARIS Assurances Generales de France (AGF). one ot France's largest insurance groups, confirmed on Monday that it was on course tor a return to profits growth this year and that it had raised its minority stake
        FT  -  311 words
      • Article, Illustration
        Lock icon Citicorp plans to expand retail banking in Mexico after Nafta takes effect
        322 14 Reuter NEW YORK Citicorp, the only foreign bank now allowed in Mexico, would expand its retail operations there substantially after the Natta trade agreement takes effect. Citicorp vice chairman William Rhodes said on Monday. Following as new conference
        Reuter  -  322 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        134 14 THE currency market saw another very choppy day yesterday with the USS/yen leading the dollar up and unwinding the long yen short Deutschemark positions. In the USS/SS sector, early morning buying of USS by a foreign commercial saw the USS generally very biddish throughout the
        134 words
      • Article
        Lock icon London
        188 14 AFP LONDON The dollar was trading in late afternoon at 1.6920 marks against 1.7003 at the Tokyo close. Jim O'Neill, an analyst at Swiss Bank Corp in London said the greenback had been affected by US statistics released during the day (low housing sales and a 0.3 per cent
        AFP  -  188 words
      • Article
        Lock icon New York
        93 14 AFP NEW YORK The dollar was mixed in early trading in New York yesterday, with trading focused on dollar-yen and yen-German mark trading. The dollar was trading at 1.6940 German marks, down from 1.6955 Monday, but rose to 106.90 yen from 106.25. The dollar fell back to 5.7100
        AFP  -  93 words
      • Article, Illustration
        Untitled
        1429 14 I nadci lighten/ iihli ailmlahil iitwinsl Spoil 's I<l' 14 iiuJiiih /kjiliH-n «u*villi IMS US$/S$ forward rates Noon June 29 SS Bid Offer 1-month 1.6217 1.6232 month ***** ***** 3-month 1.6217 1.6232 6-month 1.6210 1.6230 Source: OCBC FOREIGN CURRENCY NOTE RATES As at IOmi on June 29: Singapore dollars to
        1,429 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon HK, Chinese interests make inroads in Canadian oil sector
        429 15 Platts CALGARY Hongkong and Chinese interests are making inroads into Canada's oil industry. In only five years, a eoterie of wealthy Hongkong friends and acquaintanees has spent almost Csl billion (551.26 billion) on a series of high-profile purchases. Almost unnoticed amidst
        Platts  -  429 words
      • Article
        Lock icon Copper industry may collapse, warns producer
        332 15 Reuter TOLEDO. Philippines The Philippines' biggest copper producer, forced to lay oft thousands of workers due to low prices, says the industry faces collapse if prices drop any further. "Now that the price of copper is around 80-85 cents (a pound), it just leaves
        Reuter  -  332 words
      • Article
        Lock icon CBOT-Liffe talks on mutual trades collapse
        202 15 Knight-Ridder CHICAGO lalks between the Chicago Hoard of Trade (CBOT) and the London International Financial Futures Exchange (Lifle) to develop mutually tradeable foreign government bond and note contracts have collapsed because of Chicago's refusal to allow LilTe to trade the US Treasury bond contract,
        Knight-Ridder  -  202 words
      • Article
        Crude oil futures higher
        274 15 Bloomberg ENERGY REPORT LONDON Crude oil futures prices in London and New York were higher yesterday. buoyed by stronger refined products and anticipated lower US stocks of crude and gasoline. The latest weekly inventory and production figures from the American Petroleum Institute were to be released
        274 words
      • Article
        Lock icon Sydney exchange plans launch of first stock futures
        270 15 Bloomberg Business News SYDNEY The Sydney Futures Exchange said it was planning to introduce its first futures contracts on individual stocks by early next year, with Broken Mill Proprietary Co as the likely first contract. Lcs Mosking. executive director of the exchange,
        Bloomberg Business News  -  270 words
      • Article
        Lock icon Eurodollars steady ahead of US jobs data
        1540 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures ended steady yesterday in trade confined to position adjustment and shortcovering ahead of the release ot key US employment data on I riday, traders said. December Eurodollars settled at 96.17 against Q 6.16 on
        Reuter  -  1,540 words
      • Article
        KL tin up with higher LME
        627 16 COMMODITY REPORTS Tin TIN closed four cents higher at M 512.80 a kg yesterday afier a firmer London market overnight sparked off some buying interest. Traders said support came mainly from local players. Turnover was 32 tonnes against 17 on Monday. l-oreign buyers kept
        627 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Indonesia not in coffee producer group
          54 16 SINGAPORE Indonesia has not yet been formally invited to join a new coffee producers" grouping proposed by Latin America, says Paian Nainggolan. of the Indonesian Department of Trade Mr Paian is head of research and development at the trade department and often represents Indonesia
          54 words
        • Article
          Thai rice exports in May up
          63 16 BANGKOK Thai rice exports totalled 425.868 tonnes in May. up 22 per cent trom April, the Thai Board of Trade said. Exports were up 17.3 per cent from a vear earlier. April exports totalled 349.076.56 tonnes. The May shipments bring total exports for the
          63 words
        • Article
          BHP keen on Viet oil exploration
          72 16 MELBOURNE Australian resource giant Broken Mill Proprietary Co Ltd said yesterday it is willing to aggressively pursue further oil exploration in Vietnam. But it remains sceptical about its chances of acquiring drilling rights in some of that country's potentially prime oil fields. "Vietnam likes
          72 words
        • Article
          Jinchuan offers nickel to Japan
          67 16 TOKYO Uncut nickel cathode produced at China's Jinchuan smelting and refining complex is being offered to Japanese buyers, traders here say. "We think they are lacking foreign currency." said one Japanese trader of the export offers from China. a net-importer of nickel. Semi-official swapmarket rates
          67 words
        • Article
          Japan May copper output up 6.6 pc
          64 16 TOKYO Japanese copper smelters increased output by 6.6 per cent in May from a year earlier, while producer inventories were reduced by 18.5 per cent over the same period, the Ministry of International Trade and Industry announced yesterday. But Japan's output of both
          64 words
    • Article
      COMMODITY PRICES
      1666 16 Rubber Junc 29 RAS Commodity Exchange (futures closing as at 1pm) HAS (physical prices) C RSS1 Contract (S cents/kg) Buyers Sellers 77— As at 12 noon (S ccnts/kg) Close Volume Open Month High Low Sett (tonnes) Interest RSS 2 Jul> 93 129.75 I30.75N —-TT 57 s RSS J
      1,666 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        980 17 3.4 Shares closed up yesterday but off their morning highs as end of financial year book-squaring dominated trade. Most blue chips fell, but gold and bank stocks were firmer. "We opened higher on the back of a sharp rise on Wall Street, but eased oil with the re-weighting ot
        980 words
      • Article
        Manila
        570 17 12.37 Share prices rose for the second dav running but analysts say the market is still in a consolidation phase in the absence of fresh incentives. Dealers said the mild rally the market is going through is more a result of its oversold position. The Manila Stock Exchange composite
        570 words
      • Article
        Taipei
        593 17 +23.37 The Taiwan stock index reversed early losses to end higher on late buying in banking stocks, but brokers said general sentiment remained bearish. The weighted index, which fell 57 points at one stage, ended 23.37 points up at 4.067.83. Turnover was a thin NTS 16.7 against Monday's NTS
        593 words
      • Article
        Seoul
        492 17 11.47 Seoul stocks closed higher on a technical rebound as shares of large-capitalisation and construction companies gained momentum in afternoon trading after remaining on weak ground in the morning, brokers said. "I thouglit the market would tall further in the afternoon. But interest in construction shares helped push up
        492 words
      • Article
        New Zealand
        243 17 11.8 The New Zealand share market, propelled by strength in Telecom and Fletcher Challenge, ended near three-year closing highs but off its peak for the dav. The NZSE-40 Capital Index ended 11.80 points higher at 1.679.34. but off its peak ol 1.692.06. on turnover worth NZS32 million. Telecom
        243 words
      • Article
        Bombay
        57 17 +49.16 Prices rose further in after hours kerb deals as market confidence over Prime Minister P V Narasimha Rao's political future was revived by feelings that stock broker Harshad Mehta's evidence was weak, brokers said. The Bombay Stock Exchange Index closed at 2.211.14. up 49.16 points from Monday's close.
        57 words
    • WORLD STOCK MARKETS
      • Article
        London
        625 17 -11 Shares ended yesterday weaker after a drifting session. with equities taking their lead from FTSE futures and later Wall Street in the absence of fresh fundamental news to inspire investors, dealers said. They noted that the market still had a firm undertone. but said equities were unlikely to
        625 words
      • Article
        Paris
        124 17 -13.45 Profit-taking burst the bubble of Monday's futuresand options-linked gains and shares closed lower yesterday. Dealers said expiring June contracts may generate interest today, but they expect the bourse to drift down over summer. Any possible interest rates cuts are already priced in. The CAC-40 index closed down 13.45.
        124 words
      • Article
        Stockholm
        103 17 -0.23 pc Swedish shares ended lower with Investor's sale of Asea shares in foeus. Investor sold seven million Asea shares at 422 crowns each. Asea's A-share dipped 20 crowns to 433, a good deal above the 422 crowns Investor sold the shares for. More than half of the seven
        103 words
      • Article
        Frankfurt
        192 17 1.13 German shares ended a lacklustre day slightly firmer. pushing up the DAX 30 to just below the day's high, but volume was low and trading ranges were narrow, dealers said. Stocks failed to draw any clear upside potential from a higher Wall Street or a firmer German bond
        192 words
      • Article
        Brussels
        150 17 +0.64 Late-afternoon profit-taking pushed the Bel-20 index on its all-time high, with shares closing fractionally higher in busy trading. Traders said they were not surprised by the profittaking because the 17-day-old rise seemed to have lost some momentum. The Bel-20 index closed 0.64 points, or 0.05 per cent, higher
        150 words
      • Article
        Amsterdam
        236 17 -1.63 Dutch shares had already turned weaker before being mugged in the afternoon by a sharp dollar backslide and a fall in London. Moribund US economic data did nothing to provide support, though German rate cut hopes persist. The EOE Index fell 1.63 to 323.11, having been as high
        236 words
      • Article
        Zurich
        183 17 +0.75 Swiss shares ended mostly firmer in good volume, with some blue chips extending gains in afternoon trading, led by ÜBS. However, the main indices ended only little changed as some shares slipped near the close. The all-share SPI firmed 0.75 points to a final 1.492.85. The SMI index
        183 words
      • Article
        Johannesburg
        318 17 -18 Shares dropped across theboard yesterday as inves- tors marked time awaiting a fresh bullion rally and ahead of expected quarterend support from unit trusts, dealers said. They said further declines in the market were likely to be limited, with gold shares seen extending recent gains once the gold
        318 words
      • Article
        Toronto
        280 17 -26.32 Stocks were mixed in moderate early dealings yesterday as continued weakness in Northern Telecom shares was offset by firming base metals. The TSE 300 slipped 6.35 points to 3,959.10 in turnover of 13.79 million shares valued at CS 185.04 million. Advances led declines 195 to 172. with 239
        280 words
      • Article
        New York
        706 17 39.31 Blue-chip stocks fell at midsession yesterday as investors took profits from Monday's sharp advance. The Dow Jones Industrial Average was oIT 16.89 points to 3.513.31 at I pm EDI after soaring nearly 40 points in the previous session. In the broad market, declining issues led advances by
        706 words
      • Article
        Untitled
        827 17 Britannia Funds Sterling C ash Bid (MTer Mint ap Deposit .1*6400 Mim icnn (iili JMMJ 0 l"I Mim Mj. lrKi.mc •0*100 *1 0*00 I S$ Cash Income Plus Eund 10 4 "*00 110X10 PS Rntnc luml 5.2100 5 2200 Sterling Equit* Euro Performance 0 4*12 OWM FvIMM iwi Man Portfolio
        827 words
    • Article, Illustration
      Lock icon HONGKONG
      2900 18 Reuter HONGKONG Stocks closed lower yesterday as investors took a lack of political news as a signal to take profits following Monday's steep rise, brokers said. The blue chip Mang Seng Index ended 40.63 points, or 0.57 per cent, lower at 7.107.47 and the broader All Ordinaries Index was
      Reuter; Source: Bridge Info  -  2,900 words
    • Article, Illustration
      Lock icon CHINA
      500 18 Reuter HONGKONG Shenzhen shares tumbled further yesterday after its B shares' switch to trading in Hongkong dollars. Shanghai shares, led by a surge among domestic shares, strengthened, brokers said. The Credit Lyonnais Securities Shenzhen B index plunged nearly 5 per cent in relatively more active trade, with turnover of
      Reuter  -  500 words
    • Article, Illustration
      Lock icon TOKYO
      2456 18 Reuter TOKYO Stocks ended sharply lower yesterday, and sentiment was dampened by news that four major construction firms were raided by prosecutors on bribery charges, brokers said. Prices also fell on arbitrage unwinding and profit-taking with thin trade as investors grew wary over political worries. "There was some buying
      Reuter; Source: Bridge Info  -  2,456 words
    • Article, Illustration
      Lock icon BANGKOK
      1873 18 Reuter BANGKOK Investors sold in the afternoon yesterday after seeing the stock index fail to break a resistance and moderate volumes in the market, brokers said. The SET Index dropped 5.77 points to 878.77 on moderate turnover of 4.54 billion baht. During the morning session, the indicator rose to
      Reuter; Source: Bridge Info  -  1,873 words
    • Article, Illustration
      Lock icon JAKARTA
      1103 18 Reuter JAKARTA Stock pnccs closed mixed in moderate trade yesterday with special interest in Panin Bank and Pan Brothers Tex. brokers said. The Composite Index finished 0.22 point up at 358.84. "I'anin Bank made a strong rebound due to big foreign buying." one broker said. It jumped 150 rupiah
      Reuter; Source: Bridge Info  -  1,103 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2304 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Kcnong BhJ Mk |5>f*»<**> hoM tWLIMI MmlMMc UMMO H( B Mk. 7.761 i**> Bcrjjva Ciroup $.072,000 Bedford Mk: J.M6.000 IMMMfW J.JHIOO kcmasan Mfc Mulpha Inll 50c 2.61 V000 Fahcrtirinip 1.471.000 \sia Pac Ld MX 2 Mtl.000 UIOBJk 2 06*
      Source: Bridge Info  -  2,304 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Index ends lower on profit-taking
        5480 19 Bernama KUALA LUMPUR Share prices closed mixed to easier here yesterday as profit-tak-ers cashed in after the gains registered by the market since last Friday. The KLSE Composite Index fell 1.49 points to 720.58 after opening at 724.59 and reaching a high of 727.77 at
        Bernama; Source: Bridge Info  -  5,480 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon STII surges as Clob counters dominate trading
        6780 20  -  By Sylvia Wong SINGAPORE The Straits Times Industrials Index staged another sharp rebound yesterday, as share prices rose across the board for the second consecutive day. The benchmark index added 25.38 points to 1.808.52 after climbing steadily for most of the day. It
        Source: Bridge Info  -  6,780 words
      • Article, Illustration
        Lock icon Amalgamated Steel
        79 20  -  HOT STOCK Quak Hiang Whai AMALGAMATED Steel Mill failed to break resistance at $2.10 and has fallen sharply. It appears to have even more room to fall, as its daily and weekly RSIs ease towards the 25-mark. Immediate support is seen at Si.6o, followed by 51.50, which would
        SOURCE: BRIDGE INFO  -  79 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      363 9 TOLL—FREE TEL. No. 1-BQO-737 0Q43 FAX:734 3698 IN THE MATTER OF 1 THE COMPANIES ACT. (CHAPTER SO) AND IN THE MATTER Of THOMSON ROAD MARKET MANAGEMENT PTE LTD (Incorporated In the Republic ol Singapore) (IN LIQUIDATION) (MEMBERS VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members ol THOMSON ROAD
      363 words
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      Page 9 Advertisements Column 2
      390 9 IN THE MATTER Of THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER Of ERICOLA INVESTMENTS PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that pursuant to Section 306 of The Companies Act. Chapter 50 that the Final Meeting of the members of the abovenamed company will be
      390 words
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      Page 9 Advertisements Column 3
      271 9 M THE MATTER Of THE COMPANIES ACT, CAP. 50 AND M THE MATTER Of MARIGOLD INVESTMENT PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Cap 50 that the final Meeting of Members of the Company will
      271 words
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      Page 9 Advertisements Column 4
      444 9 IN THE MATTER Of THE COMPANIES ACT. CAP. SO AND IN THE MATTER Of FUTURESHAPE f tGURE SALONS PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 306 ot the Companies Act, Cap 50 that the FINAL MEETING ot the members and creditors of
      444 words
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      Page 10 Advertisements Column 1
      354 10 Why struggle up the corporate ladder when you can use the escalator? If you're ambitious and want to move X a lead on a new client. Or spotting up in the world, taking one simple step will jjßgjsi\ developments that indicate a new trend, get your career moving. Fast. That's
      354 words
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      Page 10 Advertisements Column 2
      112 10 Dividends table has been held over A long established 100% Bumiputra Company in Kuala Lumpur involved in Distributions, Storage, Packing/Moving and Customs Bonded Transportation with existing fleet of 15 customs approved bonded trucks, and plans to expand its business into Sea Freight Forwarding NVOCC services to become a Total Logistic
      112 words
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      Page 11 Advertisements Column 1
      111 11 i CUSTOM ERS Hl Mte 7 VI At Texas Instrument, teamwork and we take this I^9l^ jmSMWm /"V being customer-focused is a way of life. suppliers and customers are part of the team, k v Everyone from the Managing Director Customers as Acer, Apple, Kv. *v JL/i to the line
      111 words
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      Page 12 Advertisements Column 1
      203 12 Why 1 Our Name Is Being Seen In All The World's Most Fashionable Places. SB mm >•. tf[ B w*uP w_ Uf m wS|| W A P*l l| j j |^fl '4 M -A is sW^SSIJiKXm&L. B «w |NF Ml M i-- iH£££l J I T, ibi "f Bl I
      203 words
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      765 13 POLYTEK WEARNES HOLDINGS LIMITED (Incorporated in Singapore) The Board of Directors announces the audited results for the year ended 31 March 1993. Group Company 1993 1992 Change 1993 1992 Ss'ooo Ss'ooo SS'OOO SS'OOO 1) a) Turnover 58,206 73,932 -21% 1.165 1.156 b) Dividend and interest income 164 197 315 214
      765 words
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      Page 14 Advertisements Column 1
      860 14 BHFBANK BERLINER HANDELS- UND FRANKFURTER BANK Head Office 6000 Fronkfurt T, Bockenheimer Landstrasse 10 Telex: *****6 Telephone: 069/718-0 SitHMoore Branch 150 Beach Rood *03-00 Gateway West Singapore 0718 Telephone: 291 2177 Telex: RS ***** BHF SI Fax: *****55 SWIFT Code BHFBSGSG CONSOLIDATED STATEMENT OF INCOME CONSOLIDATED BALANCE SHEET Year ended
      860 words
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      Page 15 Advertisements Column 1
      905 15 ACHASE THE CHASE MANHATTAN CORPORATION AND SUBSIDIARIES HEAD OFFICE: 1 Chase Manhattan Plaza, New York, New York ***** CONSOLIDATED STATEMENT OF CONDITION CONSOLIDATED STATEMENT F *Np OME The Chase Manhattan Corporation and Subsidiaries Tho Chase Manhattan Corporation and Subsidiaries Dscsmber 31 Year Ended December 31, in millions) 1992 1991 in
      905 words
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      Page 16 Advertisements Column 1
      259 16 WESTERN SAMOA Western Samoa long term international companies are the most cost effective solution for your offshore company structure. Available at an effective annual cost from as low as US$4OO per annum. We also provide offshore companies from: •British Virgin Islands 'Bahamas "Bermuda •Cook Islands *Hong Kong and others, together
      259 words
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      Page 16 Advertisements Column 2
      37 16 As and when the latest Ixjndon/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead 737-1166 Business heats up when you g) make the iT call and place an C.A.T.S. ad 1737-1166
      37 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      42 18 GOLF MEMBERSHIP FEES? We've got it down to a tee. PERSONAL Joining a club 7 Then join up with us arxJ pay your fees with ease Standard Chartered FINANCING Just cai] 1800 5353 522 ''oil-free) and ask for Personal Financing jfc J
      42 words
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      67 19 INVESTMENT OPPORTUNITIES DON'T ALWAYS START AND END ON THIS PAGE. At Citibank you can prosper through a wide ranue of investments. Local and Asian Dollar Time Deposits. I nlixed I line Deposits. Foreign C urrencies. Unit Trusts. Margin Trading Accounts and more. Just call our 24-Hour CitiPhone Banking toll-free on
      67 words
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      39 20 GOLF MEMBERSHIP FEES? We've got it down to a tee. I personal _|q.' rQ c on 7 oud i n c Day you r tews ■'< Standard Chartered FINANCING Just cv. '800 5353 522 -0': tw ,no as* to-P-so-M F.r-a-ong
      39 words
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  • SPORTS
    • Article, Illustration
      Lock icon Graf, Navratilova dominate play
      531 21 Wimbledon AP WIMBLEDON, England Steffi Graf and Martina Navratilova scored straight-set victories in the quarter-finals at Wimbledon yesterday, edging closer to what seems like aji inevitable encounter in the final. Graf, the top seed and defending champion, saved a set point in the first set and
      AP  -  531 words
    • Article
      Lock icon All eyes on Sampras-Agassi showdown
      376 21 AP WIMBLEDON. England Schedule-makers couldn't have asked for a better match-up: top seed versus defending champion, big server versus great returner, straight-laced Californian versus flashy Las Vegan. It's Pete Sampras versus Andre Agassi in the Wimbledon quarter-finals. Agassi, getting sharper with each match, rode his
      AP  -  376 words
    • Article, Illustration
      Lock icon Olazabal, Sevvy to challenge Watson, Stewart
      226 21 Golf AP MADRID. Spain Severiano Ballesteros and Jose Maria Olazabal. Spain's best known golfers, will face Americans Tom Watson and Payne Stewart in a one-day team event on July 19 being billed as a warmup for this year's Ryder Cup competition. "The idea is
      AP  -  226 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Tennis
        95 21 AFP I.ONDON Wimbledon quarterfinals luesday (\-seed) Women's singles: Steffi Graf (Ger xl) b Jennifer Capriati (US x 7) 7-6 (7-3) 6-1: Conchita Martinez (Spn x 6) b Helena Sukova (Cze xls) 6-1 6-4; Jana Novotna (Cze x 8) b Gabnela Sabatini (Arg x 4) 6-4 6-3: Martina Na\ratilova (US
        AFP  -  95 words
      • Article, Illustration
        Lock icon Baseball
        52 21 Reuter NEW YORK American league Monda> Cleveland 2 Chicago O. New York 8 Detroit 2: Toronto 7 Baltimore 2; Boston 4 Milwaukee 3: Seattle 4 Minnesota 1. National: Pittsburgh 9 Montreal 5 (10); St Louis 3 Philadelphia 1: Chicago 4 San Diego 3 (II); Los Angeles 4 San Francisco
        Reuter  -  52 words
      • Article, Illustration
        Lock icon Golf
        285 21 AP AFP AFP LONDON US Open champion Lee Jan/en has entered the British Open at Royal St George's, aiming to become the first player since Tom Watson 11 years ago to win both majors in the same year. Defending champion Nick Faldo heads the list of 99 exempt players.
        AP; AFP  -  285 words
      • Article, Illustration
        Lock icon Rugby
        180 21 AP AP WELLINGTON, New Zealand An MP has been reprimanded for missing a parliamentary debate so he could watch a rugby union match. Ian Peters, the government member for longariro. is being reprimanded for leaving a debate on the legislation to increase punishment For rapists. He went instead to
        AP  -  180 words
  • Page 21 Advertisements
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      686 21 KOREA'S LEADING BANK KJDRER W EXCHRNGE BANK (INCORPORATED IN THE REPUBLIC OF KOREA) 31st December 1992 Statements of Condition Statements of Earnings Won (millions) Won < m,ll,ons) 1992 1991 1992 1991 •cqctq REVENUES Cash and due from banks W2,915,748 W2,909.464 Interest on loans "*9O 339 Foreign exchange bills purchased 2,200,855
      686 words
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      Page 21 Advertisements Column 2
      742 21 BBBB& AM E RICAN EXPRESS BANK (a wholly owned subsidiary o4 American Express Company) CONSOUDATED FINANCIAL STATEMENTS YEAR ENDED DECEMBER 31, 1992 International Headquarters American Express fewer World Financial Center. New Xork NY IO7IS IJOO Singapore Branch: l« Cotyer Quay 0I0« CONSOLIDATED BALANCE SHEET Telephone *****33 Wen R*****2 Cable Address
      742 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      1043 22 Nothing Beats A Btlfle [HHVj'ifll WHERE TO WINE, DINE AND ENTERTAIN OK Have a Roaring f Good Time at Connections' KTV rooms. fjL A wide selection ot i songs to suit everyone's raste ,rom anc^arin Hokkien. Jf -sjk v Cantonese to cvcn Ja P' incso! 12pm to .^pm: $so- 120
      1,043 words
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      Page 22 Advertisements Column 2
      322 22 into the ex^/timea/t^ Enjoy an unforgettable evening ol spectacular world-class j revues at the Neptune. And our Early Dinner Special menu j prepared by experienced Hong Kong chefs I Free parking in the evening. I Showtimes: B.oopm to 8.30pm I 9.30pm to 10.00pm I I IB B Bshw>» I frk
      322 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Ancient craft takes new customers under its roof
      789 23  -  Thatching, which originated with the cavemen, is said to be the oldest craft in modern-day tisane. Patricia Reaney reports on the renewed interest in this ancient skill Patricia Reaney Reuter IT ORIGINATED with tho cavemen, gained popularity in the Middle Ages and
      Reuter  -  789 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      65 23 BE A SUPERSTAR HERE Free KTV room for orders above $500 Or 8 Private KTV rooms for singing pleasure /I Every-nite: 7pm to 2.45 am Eas Y Parkin 9 (CK&V) CtCauioke (KTV) -fc&OKiSIB 42 East Coast Road, #02-00 Lai Lai Complex S'pore 1542 Tel: 344-1939, 344-2987, 344-4995 Birthday Parties Free
      65 words
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      Page 23 Advertisements Column 2
      62 23 CORPORATE BROCHURES WE WRITE ANNUAL REPORTS THE COPY, PRODUCT LEAFLETS HANDLE THE DIRECT MAILERS PHOTOGRAPHY, CATALOGUES DESIGN NEWSLETTERS AND PRINT. POSTERS in fact, anything on paper B- K-O-O H'll-K* K-S BROCHURES PTE LTD 1 PEARLBANK #01-01 SI NG AP ORE 0316 TEL: 227 3 1 3 8 FAX: 22 7
      62 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1316 23 I TV RADIO Iron Eagle, 10.30pm, SBC 5 Insight: The Story of Chemical F Weapons, B.oopm, SBC 12 Learn how Iraq obtained the J equipment and materials to Jt V. make chemical weapons from "iy *jz» c 60 foreign eompanies. all of whom elaim they had no idea k of
      1,316 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Vision 2020: vision or pipe dream?
      1272 24  -  Change and Reform in Malaysia NORDIN SOPIEE NORDIN SOPIEE Dr Noordin is director-general of the In stitute of Strategic and International Studies (ISIS) Malaysia. The view s expressed are his own Special to BT TWO and a half years ago. something new was born
      1,272 words
    • Article, Illustration
      The emergence of Melayu baru
      1320 24  -  RUSTAM A SANI RUSTAM A SANI The writer is a ienior fellow at the Institute of Strategic and International Studies (ISIS) Malaysia in Kuala Lumpur. The views expressed are his own Special to BT ON FEB 28, 1991, the Malaysian Business Council (MBC) was formally
      1,320 words
    • Article, Illustration
      Malaysia and Indonesia: beyond brothers
      1255 25  -  Change and diplomacy in South-east Asia YANG RAZALI KASSIM YANG RAZALI KASSIM The writer is BT's Regional Analysis Editor LATE last month, Malaysia's financial daily, Malaysian Business Times. reported the formation of an Indonesia-Malay-sia joint venture which has its sights on the hugely lucrative project,
      1,255 words
    • Article, Illustration
      Friends and neighbours
      1186 25  -  MOCHTAR KUSUMAATMADJA MOCHTAR KUSUMAATMADJA Dr Mochtar Kiisumaatmadja is a former foreign minister of Indonesia Exclusive to BT THE Growth Triangle of economic development involving Singapore. Malaysia and Indonesia is in a sense also a threesided political geometry. The idea that the three countries form Asean's political triangle
      1,186 words
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  • Article
    Worker rights and the GSP
    520 26 EDITORIAL WHHN the United States joined 19 other developed countries in 1976 to introduce a scheme to grant preferential tariffs to developing nations, their aim was laudable. It was thought that the Generalised System of Preferences (GSP) would promote economic development through trade rather than
    520 words
  • WHAT THE OTHERS SAY
    • Article
      Bravo or bravado?
      232 26 SADDAM HUSSEIN is solely culpable if Iraq begins to look like every new American president's target for firing practice. In the Gulf War of 1991, President George Bush was fastidious about observing legal niceties and mobilising the forces of reason to punish the Iraqi leader for invading
      232 words
    • Article
      Vital to raise productivity
      150 26 CAN SINGAPORE sustain productivity growth of 4.4 per cent? This is a big question not only for the National Productivity Board (NPB). but all Singaporeans. Global competition is getting very stiff. NPB's method of assessing productivity based on total factor productivity is realistic and should be
      150 words
    • Article
      The bombing didn't achieve much
      192 26 IT IS UNLIKELY that the United States did not realise that its latest bombing of Iraq would probably not have much effect on the policy or position of Saddam Hussein. During the Gulf War. Iraq suffered serious damage and the Allied forces could almost have
      192 words
    • Article
      Was the judgment right?
      221 26 THE United States missile attack on the command centre of Iraqi Intelligence was, as British Prime Minister John Major said, entirely justified. The US had sound evidence of an Iraqi plot to murder the former president, George Bush, when he visited Kuwait in April. Discovery of
      221 words
    • Article
      Long on words, short on action
      152 26 THE MUCH TOUTED Vienna conference on human rights has come to a close. After two weeks of often heated, sometimes bitter debate, the World Conference on Human Rights the second of its kind to be held in the past 25 years managed on Friday
      152 words
    • Article
      Rewarding aggression
      87 26 IN THEIR EAGERNESS to end the fuss and bother over the fate of Bosnia-Herzegovina, European Community members are urging a tripartite settlement that will reward aggression and marginalise the majority Muslims into a sliver of their former country Since the failure of the Vance-Owen proposals, the West has
      87 words
  • Article, Illustration
    Asean's 'sick man' finally on the road to recovery
    1075 26  -  As Fidel Ramos completes a year in office today, A 1 Labita looks at how the Philippine president has fared in grappling with the country's problems Al Labita The writer is BT's Manila Correspondent THOUGH only in his maiden year in
    1,075 words
  • Page 26 Advertisements
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      37 26 MiTAiwiowi/it Jfl|S[cfilil9]!l3 ti vet i? N© 7 yßllkl&CilpSiila i&nis4 mb^ f STAYING ALIVE T IN ORCHARD BOAO < ASIAN AIRLINES WAR SHRINKING CONOO i.H r a r a A 1 A I I I ■■■B ON SALE ————^^~—MMMMMM
      37 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      62 26 If 1m srpcre. or pvmd ust£n to T™'r aw TO peppier/.. TV*S bgrt ...CH«P ne*e yXk iP%- W < C»»»OCI»TtD HCWtPAMm LTO, HM.IWI /&>&-, 7 1 DOONESBURY garry trudeau SOHOUJIS ITS JUST HOPS'WW TELL MB [TWH&e FIN£,JOAW. THE 6RBAT BEVOND IDON7KNM BUT THtrtZ 10UAF3 I'VE 60TA Ll HOUQOSOX ABCXJTTT NOUJ,
      62 words
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  • ANALYSIS
    • Article, Illustration
      A sordid affair grinds to a nebulous ending
      1613 27  -  As the Cardan affair draws to a close with Lorrain Osman s guilty plea to a single count ot fraud in Hongkong last Friday. Philip Bowring detects a bitter aftertaste of seemingly selective justice and politically motivated cover-ups in Hongkong s courts
      1,613 words
    • Article
      Lock icon Now hear this: nobody messes with Uncle Sam
      859 27  -  Paul F Horvitz reports diverse reactions in Washington to the US strike on the Iraqi intelligence HQ Paul F Horvitz IHT PERHAPS no recent US president stood to gain more politically from using force abroad than President Bill Clinton. Still vulnerable to
      IHT  -  859 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      408 27 THE COMPANIKS ACT. CAP. 50 IMOCONS SURVEYS SERVICES PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Imocons Surveys Services Pie Ltd duly convened and held at 100 Beach Road #22-08 Shaw Towers, Singapore 0718 on Tuesday the 18th day of June, 1993 the following special resolutions
      408 words
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      Page 27 Advertisements Column 2
      411 27 TOLL—FREE TEL. No. 1-BQO-737 0Q43 FAX:734 3698 THE COMPANIES ACT, CAP. SO HINSIB REGIONAL CONSULTANTS (ASIA) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Hinsib of Regional Consultants I Asia) Pte Ltd duly convened and held at 100 Beach Road #22-08 Shaw Towers. Singapore 0718 on
      411 words
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      Page 27 Advertisements Column 3
      351 27 In the Matter of The Companies Act, Cap. 50 And In the Matter of COTAN INTERNATIONAL PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the members of the abovenamed Company dul;y convened and held on the 29th day of June 1993 the following Special
      351 words
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      Page 27 Advertisements Column 4
      218 27 f AUCTION SALE 1992 MODERN BOOK BINDING EQUIPMENT AND OFFSET PRESS OF I EXCELLENT QUALITY CONDITION j INCLUDES j (I) Roland' 200 type: R*****8, Series: 253, i jj 2-colour sheetfeed offset press w/built-in colour print control, Serial No. *****-R, j 1 (1) U.K. Recon "Wohlentwg' flowline, type: i 44FM50 3-knife
      218 words
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  • Article
    Lock icon US leading index falls 0.3pc in May, pointing to tepid growth
    416 28 Reuter AP WASHINGTON The government's chief economic forecasting gauge slipped in May, the Commerce Department said yesterday, suggesting economic growth will be tepid through the end ot the year. The Index of Leading Indicators. which is supposed to forecast
    Reuter; AP  -  416 words
  • Article
    Lock icon China's biggest graft case since 1949 opens
    210 28 AFP BEIJING The most serious corruption case to come to court in China since the founding of the People's Republic in 1949 has begun on southern Hainan island. The China News Service (CNS) said yesterday that the eight defendants in the case are
    AFP  -  210 words
  • Article
    Lock icon USAF jet fires missile at Iraqi anti-aircraft radar
    467 28 Attack comes after Clinton warns Iraq against further violence Reuter AP AFP WASHINGTON A US Air Force F-4(i attack jet fired a missile at an Iraqi anti-aircraft radar in southern Iraq yesterday after the radar locked onto one of two American jets
    Reuter; AP; AFP  -  467 words
  • Article
    Lock icon Patten: UK will continue discussions on HK for time being
    355 28 Reuter HONGKONG Governor. Chris Patten yesterday forecast that the British Cabinet would back a strategy of patient negotiation with China on Hongkong's political future, but said that sooner or later deadlines would have to be met. Mr Patten will attend
    Reuter  -  355 words
  • Article, Illustration
    Hey Mr President, 'it's (still) the economy, stupid'
    916 28  -  The Bottom Line LEON HADAR LEON HADAR The writer is a Washington-based journalist who contributed this commentary to BT. IT IS summer and a domestically unpopular and internationally weak US president is facing growing public discontent with his economic programme, congressional opposition
    916 words
  • Article
    Sihanouk changes country's name, flag
    225 28  -  Reports by Harish Mehta in PHNOM PENH PRINCE Norodom Sihanouk yesterday issued an order changing the name of the State of Cambodia to Cambodia. and replacing the national flag and anthem in an attempt to reassert his rule and end the dominance of the Hun
    225 words
  • Article
    Son Sann tipped to be Assembly chairman
    220 28 PHNOM PENH The new-ly-elected Constituent Assembly will today elect a chairman, vice-chairman and secretary and start framing the rules for Cambodia's 120-member House. The assembly will also set up two commissions: one to draft a new Constitution, and another to draft the rules
    220 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      156 28 THK ASIAN WALL STREET JOURNAL CALL 2236X55 TODAY Fremont, CA ft Modern 100,000 sf single tenant building, (San Francisco) long lease. ft Reserve Price to reflect 12% net. Santa Clara, CA ft Single tenant, office, electronics lab storage. (San Francisco) ft Reserve Price to reflex 11 plus. I Columbus, Ohio
      156 words
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      Page 28 Advertisements Column 2
      219 28 THE ASI AN WALL STREET JOURNAL CALL 223 6855 TODAY IN THE MATTER OF THE A COMPANIES ACT, CAP SO AND IN THE MATTER OF CHEMICAL SECURITIES SINGAPORE PTE LTD (In Members' Voluntary Liquidation) NOTICE Of FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act.
      219 words
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  • SHIPPING TIMES
    • Article
      Shippers against move to raise terminal handling charges
      582 29  -  By Juliette Walker SINGAPORE Shippers here have protested against a move by intra-Asia shipping lines to raise terminal handling charges in Singapore by 35 per cent for both 20-foot and 40-foot containers. Last week, members of the Intra-Asia Discussion Agreement (lada) announced
      582 words
    • Article
      Rates are close to target, say intra-Asia carriers
      268 29  -  By Dexter Lee SINGAPORE Terminal handling charges levied by members of the Intra-Asia Discussion Agreement are close to their target levels, an lada official said yesterday. "We are getting to the point where we want to be," lada secretary Mark Simon told
      268 words
    • Article
      Lock icon Satellite detects changes in sea levels
      269 29 AP PASADENA, California A US-French satellite showed that sea levels dropped 30cm off the East Coast this winter as cold air chilled the Atlantic Ocean and made the water contract, Nasa said on Monday. The Topex-Poseidon satellite also found that during the same period,
      AP  -  269 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1115 29 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Africa Container 15 3 Ahrenkiel Liner 4 1/2 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Appenship 18 1/2 Arabian Express 15 5 ASCL 5 5 Asian Breakbulk 15 1 ASXCL
      1,115 words
    • Article
      Lock icon Gulf/Japan freight cost holding relatively firm
      416 29 Knight-Ridder NEW YORK Freight costs remained relatively firm currently for July slots on the Gulf/Japan grain route. Fixture reports surfacing indicate rates are running around U5524.25 (5539.50) basis combination ports as Korean operators owing nominations this week rushed to fulfill their freight obligations. Yet,
      Knight-Ridder  -  416 words
    • Article
      Lock icon Europeans urge withdrawal of US shipping Bill
      383 29 Reuter SAN FRANCISCO Members of the European Parliament said on Monday that they had called for the withdrawal of the proposed United States legislation which would slap sanctions on ships registered in countries which subsidised their shipyards. The 25-member European Parliament delegation said
      Reuter  -  383 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        552 30 Ynsri Voy No Berth Arrival Departure Vessct Voy No Berth Arrival Departs iurons POft Pmanglaya 8/93 P06 alongside 2906 1800 Bach Dav 14 93 6 alongside 3006 0800 Shy* Batam S8217 P01B alongside 2™®" Cygnus Reeter 1 93 17 8 alongs** 30 06 0600 Syahcwtra *****3 P01C
        552 words
      • Article
        CONTAINER SCHEDULES
        1789 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookini/Baiance RsJts Shp Voy No Etb/Btr Period From To From ACX Swan 72A 30 1600 1 a/1500 29/1669 29/1900 MX Vwfct 22B 02, 2000 4 30/1200 30/1459 30/1700 All Liberty 0040A
        1,789 words
    • Article
      THE SHIPPING GUIDE
      10784 38 This is a list of ships loading at Ji Singapore for ports around the V world. It tabulates, by destination, z the name of the ship, the shipping a line involved and the estimated a dates of arrival and departure from the Port of Singapore. LEGEND PN:
      10,784 words
    • Article
      DAILY FREIGHTS
      1061 45 THE BALTIC Freight Index for spot dry cargo shipping rates fell to 1.492 on June 28 from 1.502 on June 25. Trading has been slow on the freight market, but rates are so far holding fairly steady, brokers said. On the key US Gulf-to-Japan run rates for 52.000-long
      1,061 words
    • Article
      WEEKLY FREIGHTS
      219 45 THE MARITIME freight market lost ground last week for the fifth straight week, depressed by a marked slowdown in the cereals trade linked with summer and the freeze on sugar contracts decided by Cuba. The market indicator, the Baltic Freight Index (BFI), shed 20 points Friday to Fri-
      219 words
    • Article
      TRANSPORT DIARY
      565 45 COURSES Title: Handling Transportation of Dangerous Liquids (Ap-proved-in-Principled SDF) Duration: July 2 Dec 17 (6 courses of 3 mornings duration) Organiser Singapore Port Institute Tel: For further details and application forms contact SPI at 321-1707 (Operations Courses) 321-1107 (Marine Course) or fax: 321-1416. Title: Developmental Safety Training Duration:
      565 words
    • Article, Illustration
      Nafta boost for Asian exporters
      976 46  -  Asian exporters can look forward to improved mtermodal services when the North American Free Trade Agreement comes into effect next year, reports Erich E Toll Erich E Toll The writer is a free-lance journalist based in Boulder. Colorado ASIAN exporters are likely to see distribution
      976 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Boeing to produce faster, quieter 737-X model
        502 48 NYT SAN FRANCISCO Anticipating a demand for 4,100 planes between 1997 and 2010, Boeing Co said on Monday that it would offer a new 737-X family of jetliners to the world's airlines. The offering is only a first step towards acquiring sufficient orders
        NYT  -  502 words
      • Article
        Lock icon Mazda to buy Ford's automatic gearboxes
        307 48 Bloomberg Business News FLAT ROCK, Michigan Mazda Motor Corp will buy about 40,000 automatic transaxles a year from Ford Motor Co for use in the US-made Mazda 626 and MX-6 cars, starting with the 1994-model year. Starting next month, the front-drive CD4E transaxles will
        Bloomberg Business News  -  307 words
      • Article
        Lock icon Consolidated Freightways shares forecast to hit US$22
        221 48 Knight-Rid-der NEW YORK Consolidated Freightways Inc shares could rise as high as US$22 over the next 12 months, Lehman Brothers analyst Burton Strauss said, Dan Dorfman reported on CNBC. The Palo Alto, Californiabased freight transportation and delivery company's shares were recently up 1/2
        Knight-Ridder  -  221 words
      • Article
        Lock icon Lorry owners want to run haulage firm
        477 48 MBT KUALA LUMPUR The Pan Malaysia Lorry Owners' Association (PMLOA) has proposed to the government that it be allowed to set up a container haulage company. As members are transporters, the PMLOA said they have the expertise and financial capability to run the
        MBT  -  477 words
      • Article
        Lock icon Northwest hopes to reach deal with pilots
        351 48 NYT NEW YORK Northwest Airlines said on Monday after a board meeting that it remained interested in reaching an agreement with its pilots union to revamp its finances outside of bankruptcy court. The statement signalled that Northwest, the fourth-largest carrier in the US,
        NYT  -  351 words
      • LOG BOOK
        • Article
          Lock icon Carnival Cruise shares rise 8.5pc
          91 48 Bloomberg Business News NEW YORK Carnival Cruise Line's shares rose 8.5 per cent on Monday, buoyed by a 12 per cent increase in second-quarter earnings. In the second quarter, revenue passenger income, or how much a passenger spent each day in addition to the cost
          Bloomberg Business News  -  91 words
        • Article
          Lock icon Lorenzo appeals for new airline licence
          77 48 Bloomberg Business News WASHINGTON Frank Lorenzo made a personal appeal on Monday at a Transportation Department hearing to licence ATX Inc, his proposed discount-fare airline. Lorenzo controls 77 per cent of the company, which would provide service along the East Coast. Lorenzo, a former
          Bloomberg Business News  -  77 words
        • Article
          Lock icon Naviera Armamex wins contract
          74 48 Reuter MEXICO CITY State oil company Petroleos Mexicanos (Pemex) said Naviera Armamex won a five-year shipping contract with the company. It said in a statement that Naviera's 60-tonne dead weight tug boat Lerlandia won the contract to provide assistance in docking at Pemex facilities on the
          Reuter  -  74 words
        • Article
          Lock icon Floods halt shipping on Mississippi
          51 48 Reuter ST LOUIS The muddy Mississippi River was closed to traffic along a 800 km stretch on Monday following a week of recordbreaking rainfall across the Midwest. The river crested during the weekend at St Paul but continued to rise downstream, fed by summer thunderstorms.
          Reuter  -  51 words
        • Article
          Lock icon Chile tries to avert strike at Arica port
          108 48 Reuter SANTIAGO Chile announced new measures to stem an economic crisis in its northern port of Arica after some 34 unions, including doctors and transport workers, joined a campaign to bring the city to a standstill today. The unions have they will
          Reuter  -  108 words
      • Article
        Airbus world fleet increases 30pc
        225 48 SINGAPORE Airbus Industrie delivered a total of 309 aircraft between June 1991 and mid-May this year, bringing the total number of deliveries to 1,023. The 309 jets represent a 30 per cent rise in the world Airbus fleet. Reflecting the indus-try-wide boom in narrow body
        225 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1345 48 oty n* w no. *Sl 5®? W? Abu MaM GA893 1335 GA964 0150 0*6 1845 2355 Q"» 1940 2£®2 2tt5 i555i 2222 amm SR183 2105 AmstenUm GA893 1335 SQ320 1100 rrrrr 5555 KL837 1445 GA974 2215 6ua*tzho« CA978 VVSJ KL838 2310 Haatfyai M1893 1810 M«94 1430
        1,345 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      60 29 IHE VITAL UK WIMMM" Rat-Link Ejiprasa providae a total service lo uva your money am* and worry aa we deliver your gocrts speedily and promptly to your decimation* m our organised Malaysia road networks Rail-Link Express (S) Pta Ltd T«l: 354-1223 Fax *****10 3 OUR SERVICES... Express Parc»/ T Bulk
      60 words
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      Page 29 Advertisements Column 2
      26 29 Lines and services represented by Members of the Registry of Accredited (?gQe>; Shipping Agents, Singapore National Shipping Association For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      26 words
    • Advertisement
      Page 29 Advertisements Column 3
      30 29 Nafta boost for Asian exporters, Page 18 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. SINGAPORE Businesslimes WE KNO* ASM
      30 words
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      Page 29 Advertisements Column 4
      38 29 •H^^ARGOJjjAK n£k' Hi Ensure optimum ♦i*L ||j| 2ffl protection for your 88l SI M 8 cargoes during ■Ui transport at low costs. FUJI TRADING (SINGAPORE) PTE LTD Ta: *****55 FAX: *****43 Boeing to produce new 737-X, Back Page
      38 words
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      Page 30 Advertisements Column 1
      487 30 OTSKUNE AGENCIES (S) PTE. LTD. r p ¥7 w wm-rr* Te1: 226-3363 JL JV# JLLNrL Fax: 226 197 3 4U 1 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. «NO i EXPORTS t6 Homrn. umA. Taiwan japm -twice weekly- "1 oetwe w 1 w I »|w m m mm mm m■„
      487 words
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      Page 30 Advertisements Column 2
      1176 30 11 IM^ljj™ -S? !S? [gAimi in iraMWH m j"wT Kgn 01KMT1 hopam w i nwi LA™* war Ari y*xtT y?2S W 6 2 7 ICACif OWBA H(MKS V4S li 7 Z/. a x i 11 AC* LIAC Vl9B 27 67 CALIFORNK ICRMtS V 49 IU 257 277 297 21 31
      1,176 words
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      2155 31 ipping times, neanesaay June ou ijf»o dtc rn CMiDPtwr. ArtFNeiES JARDINE SHIPPING AGENCIES SDN. BHD. OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES PETALING JAYA TEL 03-*****76 FAX 03-*****42 DOCUMENTATION TEL: *****55 <INWARD)/*****90 (OUTWARD) *****6 o^fsTtel 3 T2:5 2 v 3 507; 32<>9182 sssfsasi isflsa™fJToVsss I CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR
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      1523 31 ■UIiViHfHHWI 5 FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO NEXT AVAILABLE SAILINGS LAURA MAERSK V. 9308 ETA SIN IST JULY 93 ORIENTAL BAY V. 5804 ETA SIN 3RD JULY 93 Vessel Voy ETA ETD Feedei by I DESTINATIONS TNs oeek MATHILOE MAERSK 9306 I CV 08/07 0600 MRS I CFS 05'07 2359 MRS JOM LPK PEN
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      1729 32 AQABA R DAM/ LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE i MALAYSIA KAMAKURA 29/125 30/6 17/7 20/7 18/7 Port Kelang. Penang DRESDEN EXPRESS 11'325 3/7 12/7 18/7 21'7 24/7 26/7 28/7 Pastf Gudang KAGA 30 126 7/7 24/7 27/7
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      621 32 FCL Breakbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vottochny, Vladivostok, Moscow, Tashkent. Kiev, Minsk, Riga, Baku. Irkutsk. Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland ocT<s>Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A Feeder Vessel ETA SIN VILLE DE VENUS V9229W
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      Page 32 Advertisements Column 3
      1192 32 IMS REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALG BCL* VAL* LHA HAM BRE# ROT ANT# FEL NORASIA SINGA 9324 3 01/07 24/07 31/07 01/08 28/07 29/07 30/07 31/07 02/08 01/08 NORASIA SHARJAH ¥.9325-3 08/07 31/07 07/08 08/08 04/08 05/08 06/08 07/08 09/08 08/08 NORASIA MUBARAK 9326-3 15/07 07/08 14/08
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      1744 33 H STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****8S FajJ2soll7 t SSSOSMSESMSSIWMSMiSBM Jftfi I ACCEPTS clsflr CARGO OUt SJULS «i nl im I SIR AITS VENTURE WISE Mufl. Lab 2»-M km to PI 30 tan fCL, LCI CONTAMER AND BREAK BULK SERVICE TO
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      Page 33 Advertisements Column 2
      1468 33 k%\ a SINGAPORE AGENT: ■kyjJH ¥1(D P&O Containers (Singapore Agencies) Pte Ltd I tVI f I iilfll HllßCra 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Te( 2 25 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z kvbabt IMDORT EXPORT BOt iyy HOT HAM BRE
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      754 34 pfiffifl I INDONESIANAriONA^IN^^^ f3519^ MrmMnmmVlElWßWlQiCmt << > tSXPKSSS ScnTiCt I m I wt Pstsc| «x«i urn h-bukl wmh[ wtw ISd NIiAYA 37N8 I 2-6/7 I «/l ~13/« 16/8 20/> |iiuT*i Iw? iwb I ?i?«/7 I Kit TO W> F NER COAST Pfimyt VS./WT WL STORE STD 1 MELB BBIS ERE
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      Page 34 Advertisements Column 2
      2144 34 (g) HANJIN SHIPPING FDR VSI SIN LWE HAUL SEA PDK TOR VSL SH LWE HAUL SAV 111 NYC HAMN HAMBURG 014E 1/7 DMECT 22/7 24/7 i\ !J i«M?oSe Oinf u\ 13/1 15/1 HANAN SINGAPORE 010 C 8/7 DUECT 29/7 31/7 M l«/ 5 M/I »/1 HANJIN LEHAVRE 022E 15/ 7
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      1498 34 I mi w«uw(ucrum oa ki w ito iu cxs ui ntc lhv un iw i« «e f» cic m sgp I Gil AMY 042 29 6 MPI 5/7 7/7 J/7 12/7 U/7 IS 7 IC/7 17/7 19/7 N/7 11/1 13/S 14 I 24/1 25/8 2(1 27/1 21/1 7/9 17/9 21/9
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      1876 35 II NEPTUNELINK (1800 *****00 TOLL-FREE) II II for the following information: HI 232 II VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ HI FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ £r AVAILABILITY OF DOCUMENTS FOR COLLECTION *R1 Connecting C. Saturn Voy 58E in HKG 08/08/93 n_ 1 m «,t I rre ELI CLB PAL PET MOU
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      Page 35 Advertisements Column 2
      1230 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 ENQUIRIES: *****33 BIASCO ODESSA: *****51/*****31/*****13 INVENTORY: *****45 INWARD: *****81 OUTWARD: *****80 TRANSHIPMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 CR NO:
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      1465 36 4fc_ i_*f AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: 1244R*****0II) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 W W lfcT MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHO ml M TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 JL A X Jk# INDONESIA: P.T. SARANA LAUTINTERNUSA. TEL:
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      Page 36 Advertisements Column 2
      665 36 PHIU-ORKNT UN€S Pit LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION ggg AUSTRAUA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 1 JUL SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 1 JUL AUCKLAND. WELLINGTON, LYTTLETON. NEW PLYMOUTH, NAPIER. CHRISTCHURCH 2
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      Page 36 Advertisements Column 3
      415 36 golden lineN GUAN GUAN SHPPMG \FS>r\ (PTE) LTD ZJ. TeW Ayei Street SMGAFOH 1104 Ttl *****11 (It UKS) Far *****04 (CD N* **********0W) ITRAITI/HMIAM CULF tMTICK S pore P Ketang Penang GOUKJI KM Karachi Dubai f/l« My GOUKJI HMWST Dub* K/21 M» CHIHA mvici GOIKN WONDER China Ports 4/6 M
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      991 37 SSSaffff PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil street, #03-00 PIL Building, Singapore 0106. I I 88S»V CR NO **********06 I VESSEL VOY SIN BKK SIN I EQUATOR EMERALD 05N 2/7 5/7 9/7 BUNGA TERATAI 3373 6/7 9/7 13/7 Ih SINO MARINE 02N 3/7 «/7 10/7 TRADE FAST 3381
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      Page 37 Advertisements Column 2
      1640 37 VESSUS VOT VIA FEEDER SPORE HAMBURG HOIIIMW ANTWERP j THAAgS II HARVE VUlt DE VENUS *****T 03/0 7 30-07 01 01 02 01 03/00 05/00_ "foTtisi rznH 12 07 %01 01 o» o< 00 10/00 iz/o« n.it ot fonthm" %?sw 17/07 iim 15/00 u/oo w/oo nm__ ICLLAS MACIDOMA M29W *5/07
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      Page 37 Advertisements Column 3
      412 37 I BSA M MYANMA wmk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kit Pen P.Gdj LOMAW Vl99* In Port HP* AN VI92W 01/03 Jul PAGAN VI99W 06/08 Jul MALAYSIA AGENTS BOUSTEAD SHPPMG AGENCCS MA. TEL 03-*****00 PKI TEL 03 16*6767 PEN IE 04 *****5 PCD TEL
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      2624 40 Full Container Liner Services Malaysia 's Agents: Indonesia s Agents: CM**-* '-0 SJippto*«. IM mmw< iffmJSS ff|s W Clhmm Clumber ot Commerce •07-05/07 SeUogor Dorwl [kun laUe R»n CJwlm, ***** K.L Tet 121/ *****38 *****89 Booking* 22* 1833 226 1900 Tot 337 2441 (4 Uoet) /339 5594 Port KtUf T*****
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      629 41 (iS. FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) 05/07 I ROTTERDAM 05/07 AARHUS/COPENHAGEN 05/07 05/07 MARSEILLE/FRANCE OVO7 FELIXSTOWE/UK 05/07 BARCELONA/SPAIN 01/07 LEHAVRE/FRANCE 05/07 GENOA/ITALY 03/07 ANTWERP/BELGIUM 05/07 LOS ANGELES/WC/IPI 01/07 SYDNEY/MELBOURNE 01/07 NEW YORK/EC 01/07 FREMANTLE/ADELAIDE 01/07 VANCOUVER 07/07 BRISBANE
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      Page 41 Advertisements Column 2
      671 41 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Linet) FAX: *****15/*****03 P TELEX: RS ***** RISHIP (3 Lines) Pt\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivoy ETA I LOADING FOR SPORE ANDtNET 31WB 06/06 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABTOT 33W8 05/09 DARESSALAAM
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      Page 41 Advertisements Column 3
      384 41 JAKARTA BAJ VESSEL VOY tm IT RAIA BHUM 04S 2/7 0/7 J4A* ISRABHUM 9S 3/7 7/7 J!? THANA BHUM 37S 5/7 9/7 -jjgj 'GURU BHUM 190S 7/7 10/7 RAIA BHUM JSS 9/7 13/7 "xETI ISRA BHUM IPS 10/7 14/7 fVU THANA BHUM 30S 12/7 10/7 M lARI GURU BHUM 199S
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      628 41 kNGKOK iSa ¥0Y SWGAPOKt BANGKOK HA BHUM 164N In ft 30/6 Sun 4/7 Iti BHUM 81H Ihu 1/7 Men" 5/7 AGON StNIOSA 4?W Fn 2/7 lue 6/7 HIA BHUM 148W Sti 3/7 Wed 7/7 AIT* mUT 41N Sat 3/7 Tue 6/7 IHA BHUM 03* Mon 5/7 fri 9/7 'A BHUM"
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      1653 42 iftjfclMN CONTAINER LINES :bIV:/\ |Age n t B: MAC-NELS SPORE: *****22 (24 LINES) IUV \_HJc/R No **********0 C PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 j HKG/TWN/BKK I GOTH/UKC/MED PORTS I PEN PKL SIN EVERY TUE/THUR/SAT PEN PK SIN
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      Page 42 Advertisements Column 2
      186 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD (I* IT* H* SPOH rati KEIMK PtIMNG Bid JAK 4/1 Loading tof NUIe .Bangkok. RUVM HUDHU 30 6 lo«kn( for Calcutli OOWW In Poet loading Fw Matt nOMEJt SUPtt* 1// loading FM Malt UMMLEDH Sailed Loading Foe Malt PSOCMSS UKOT 2/7 m
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      Page 42 Advertisements Column 3
      865 42 THONG SOON UNES PTE. LTD. M* 78 SHENTON WAY #10-01. SINGAPORE 0207 TEL: *****88 FAX NO: *****11 VBr TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING LINE: *****55 SINGAPORE TO BARAWAK VESSEL IVOY SPORE PEST VESSEL Vp7 SPORE PEST EQUATOR 111 92/3E 30 JUN KUCHING EQUATOR GRACE
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      755 43 flipping IIIIICS) fi cuuc3uaj eiunc uw iuuo WgV'EVERETT ORIENT LINE" mpiw buy or mut/iami service ACCEPTMG BREAKBULK SOC CAHGOES TO FROM KOBE. YOKOHAMA, NAGOYA. MOD TOKYO J MANILA MVAO' Penanj 0 P. Kelang Singapore E'Msia 0 KARABtVERETT VI2E 03/04 Jul SHAPLAEVERETT VI6C 11/12 Jul 13/14 Jul IVYEVERETT Vs£ 17/18 Jul
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      Page 43 Advertisements Column 2
      331 43 IfrL 6LORY NAVIGATION CROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VII 25/6 27/6 28/6 7/7 GLORY SELATAN V 15/6 22/6 SP PKL HCM HK KAO HSIEH YUNG 1/7 ACCEPT CLASS CARGO TO
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      721 43 PGSL -WORLDWIDE PANAMA —GLOBE STEAMERS LINES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO 2 Connecting Feeder to Shar.tao LIAN BO NO 9 f WE HV LEASING CONTRS FOR RENTAL f SAILING TO PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE
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      522 43 iiUHWiliMiMlf FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN VESSEL SIN DURBAN P ELIZABETH SIN I FCNGANSHAN V 122 04/07 20/07 23/07 11/08 I I FENGMANGSHAN VS2/53 19/07 05/08 08/08 26/08 I I FVJYUSMAN V 46/47 04 08 20/08 23/ OB 11/09 I I ALSO ACCEPTING TO JOHANNESBURG PRETORIA VIA I
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      Page 43 Advertisements Column 5
      307 43 S]N FAR EAST 6/7 KEELUNG KAOHSIUNG 3/7 BANGKOK 6/7 MANILA/CEBU 4/7 JAKARTA/BELAWAN/SURABAYA 4/7 PORT KELANG/PENANG/E. MALAYSIA 4/7 BUSAN 4/7 TOKYO/YOKO/KOBE'NGO/OSA 4/7 HONG KONG S|N CHINA (+m*±9mn) 4/7 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN, SHANTOU/SHEKOU DALIAN SHANGHAI /XINGANG TIANJIN QINGDAO HAIKOU also accepting LCL cargo SIN EUROPE/UK 5/7 LDN/FLX/LVP/SOU 5/7 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to
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      775 44 HONG KONG/CHINA 5/7 12/7 JAKARTA 2/7 A 9/7 BANGKOK 3/7 7/7 MANILA 2/7 9/7 SUSAN 5/7 12/7 KEELUNG 8/7 14/7 TOKYO/KOBE 2/7 9/7 KAOSHIUNG 6/7 13/7 PORT KELAN6/PENANG 2/7 YOKOHAMA .m*. COLOMBO 8/7 14/7 FELIXSTOWE/HAMBURG 2/7 9/7 CHITTAGONG/MAORAS 5/7 12/7 ROTTERDAM/LE HARVE/ANTWERP 2/7 9/7 BOMBAY/KARACHI 5/7 12/7 BARCELONA. MARSEILLES. GENOA
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      Page 44 Advertisements Column 2
      383 44 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. I AUCKLAND 2ND JULY ACCEPTING TO ALL NEW ZEALAND PORTS I PENANG 8 JULY 11 PORT KELANG 8 JULY \l\ JAKARTA 3 JULY BANGKOK 3 JULY I FREMANTLE 8 JULY MELBOURNE 8 JULY SYDNEY 8 JULY BRISBANE IS JULY 'ACCEPTING TO ALL SCAMOINAWIA
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      673 44 CONSOLIDATION TO LIMASSOL Singapore V FIRST FORWARDER IN 3 ASIA AW ARDED VESSEL CHOYANG FRONTIER WM326 ISO 9002 B\ LRQA ETD 7 JULY 93 CLOSING: 5 JULY 93 ALSO ACCEPTING CARGO VIA LIMASSOL TO Cfc), BEIRUT. HAIFA, LATTAKIA. MALTA I CALL US NOW FOR BOOKINGS MTERNATIONAL SEA FREIGHT FORWAROMG Tc
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      1229 45 JF NwWotfd II JAVA/3206 eta Spore 9/7 DIRECT TO BURNIE (AUST) m Nedlloyd Unes VESSEL *1 M| Sin SDa»a AW Rji(A) WTymcuth Fruni Ly«(B) Oune*i(B) Napier M|(C) Tauranga Bk/ff Neta. OC NVESSa 101 > ,7/, NIL Rouen/3217 26/6 29/6 1/7 5/7 17/7 27/7 18/7* 22/7 23/7 23/7 24/7 25/7 26/7
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      618 45 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 11 OS 0.7 OS 1.0 1.3 1.7 2.0 2.1 2.1 19 1.6 1.4 12 1.1 1.1 14 I S
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      580 46 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE I SINGAPORE MANILA VIGOUR SINGAPORE 56N8 25/06/93 03/07/93 FRDAY AND MONDAY VIGOUR SINGAPORE 56ANB 28/06/93 03/07/93 vigour pacific 21M Q2/Q7/93 IQ/Q7/93 mm PACIFIC pqJTklang/penang full containerservice VESSEL VOYAGE SINGAPORE PORT KLANG PENANG MARINA MAS 9383N8 24/06/93 26/06/93 ARKTIS GRACE 325N8 24/06/93 25/06/93
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      Page 46 Advertisements Column 2
      383 46 fSyg FREIGHT MANAGEMENT^* B GENERAL: *****11 BOOKING: *****55 ASEAN PENANG weekly sailing PORT KELANG weekly sailing MANILA weekly sailing JAKARTA weekly sailing SURABAYA weekly sailing BANGKOK twice weekly J EES FREIGHT SERVICES PTE LTD! H Kim #01-60 Wallich Building, Singapore 0207 AMM ZM rtl Tel: *****66 (10 Lines) Fax: *****69/*****44
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      Page 46 Advertisements Column 3
      428 46 O.K. LINE CAHAYA SAMUDERA SHIPPING (PTE) LTD FULL CONTAINER SERVICE SPORE I JAK ARTA/SEMARANG/SUR ABAY A/P KELANQ/PENANQ VfSStl VOT SH JKT »G SBY PEN PKfi V KMMJNM MYA I 379/310 S/7 1/7 5" TAH Mil I 1-159/1 160 2/7 4/7 SWMMYA 051/052 1/7 2/7 TBN-1 2/7 5/7 TBN-2 4/7 7/7
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      992 47 HYUNDAI I MERCHANT WESTBOUND TO EUROPE I VESSELS VOY PNA PKE PGP VESSELS VOV SW WTM MIT* LEH* MM BKE| FEL_ I HMM ADVANCE 21A 29/06 30/06 01/07 SI MARINER 305W 05/07 23/07 23/07 24/07 25/07 25/07 27/07 I NOR ASIA MALACCA 9323 A 06/07 07/07 08/07 H. EXPLORER 306W
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      Page 47 Advertisements Column 2
      479 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS IHBOUHP VESSELS KSSU MI V H MC U IMMT ACE J SW SM (MA SM) COSMC CKALLEKEI 2$ SM SM COSMIC MASTU 21 1/7 SEW DACOTA M 11/7 ASEAN TRAOER 21 «/7 1/7 KEtSNN II 7/7 1/1 11/7 *A 11/7 SEKI
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      Page 47 Advertisements Column 3
      1021 47 I JEDDAH/UK/CONTNENT STOKE CD S TON H'BURG IT)AM LEH *Mm Acctfrtmc C*r# F« KAMAKURA 29/125 1/7 11/7 21/7 21/7 Southampton to MUK deitmbor Btßnt and btfn DRESDEN EAPRESS 11/325 4/7 22/7 25/7 27/7 25/7 Rotterdam :to ai Antwerp Aimterdjm 0* Hetsrtu KAGA 30/121 7/7 24/7 27/7 25/7 Southampton to al
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      65 48 w w m Tomorrow in Business Times M.V. 'GRACE IXNA" VOY. 5 Arrived 23rd June 1993 Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a general survey will be held oo the Ist July 1993 0900-1200 houn at FT 10. No further survey will be
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      Page 48 Advertisements Column 2
      43 48 Tomorrow in Business Times The best Business Class to Europe? Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles ahead of its competitors. Call your travel agent or 733 3377 for more details. know the world from start to Finnish.
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