The Business Times, 20 February 1997
1997-02-20
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The Business Times
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Title Section14 1997-02-20 1 THE BUSINESS TIMES MIT A (P) 023/12/96 85< SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, FEBRUARY 20,199714 words
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Article62 1997-02-20 1 sin 224U9 (+17.20) BT-SBI 1107.73 (+2.87) BTCOMP (+14.35) MBTHGA U 112LM (+2.07) gg MAJtKETMOOD: STOCK MAHETDOHCES Wednesday Change KIjSK COMP 1,258.64 +10.74 NIKKEI 1&699.12—+128J7 HANG SKNO 13.10M2 +138 SCTINDEX 711.74 +31J9 JAKARTA COMP _694 .88 MANILA COMP —A***** +»J1 TAIPEI WP1 +1482 SEOUL COMP 713.67 +6.73 CIjSA CHINA62 words
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Article76 1997-02-20 1 EXCHANGE BATES US$ SI US$ l.«4 1.6 IS 1292 DM VJ94 0.846 YEN 100 1809 1.162 MS 0.402 Oi 72 HKS 0.129 0.184 BAffT 1038 0 066 RUPtAH 100 0.042 O.OW PUKE KATES SINGAPORE* 144 KUALA LUMPUR. .915 JAKARTA 18.00 BANGKOK 13.25 MANILA 15.50 HONGKONG 8.50 TAIPEI MS SYDNEY76 words
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642 1997-02-20 1 Christopher Tan Clarissa Tan - Vehicle owners to get rebate on road tax as part of usage-based package By< Christopher Tan Clarissa Tan [SINGAPORE] The current manual Road Pricing Scheme (RPS) will be extended to the Pan-Island and the Central expressways to unclog "our major economic642 words
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448 1997-02-20 1 Christopher Tan - By < Christopher Tan [SINGAPORE] There will be 10 per cent more certificates of entitlement in the coming quota year. The Land Transport Authority said yesterday the higher quota was based on a formula combining replacement COEs (for cars which have been deregistered),448 words
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448 1997-02-20 1 Abdul Hadhi - 10-year programme to meet needs of modern industry By. Abdul Hadhi [SINGAPORE] The HDB will spend about $500 million a year over 10 years to redevelop units in its aging industrial estates. Announcing this at a briefing yesterday,448 words
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Article, Illustration579 1997-02-20 1 S N Vasuki - Stakes in Astra, Bnsang a foretaste of what is to come Prom\ S N Vasuki in Jakarta THE Nusamba group, an investment company owned by three foundations controlled by President Suharto, is set to become a major player in Indonesia's579 words
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Page 1 Advertisements
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Advertisement120 1997-02-20 1 DfSTOB m Tough call The yen's gyrations are causing mayhem in trade statistics and having an equally devastating impact on forecasts for corporate profits, Pg9 XEVBVAUB tKTMK IB OBKi, this pg. Other than meaning more sales, it could also lead to lower COE premiums which could translate into higher profit120 words
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Advertisement339 1997-02-20 1 Taxi oomp&nles seek peak fare increases, Pg 3 (which Mpstkeymv fafer)When your business is going well, nothing should expandable. So that as your business grows, you can hold you back. Least of all your printer. cope with your extra workload easily by simply adding At Bppm, it prints 30%* faster339 words
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SINGAPORE AT HOME & ABROAD
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392 1997-02-20 2 Anna Teo - 75% of those surveyed see good prospects in next 12 months By. Anna Teo BUSINESS sentiment seems to have picked up sharply. Three-quarters of Singapore exporters surveyed recently say prospects for export orders in the next 12 months are good. That's a marked increase392 words
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Article, Illustration518 1997-02-20 2 Catherine Ong - Two assessment schemes still being debated: US official Hy i Catherine Ong SINGAPORE and other rich Asian and Latin American countries are likely to have to pay much more to the United Nations (UN) under proposed reforms to put the world bodyERIC CHU - 518 words
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216 1997-02-20 2 THE electronics industry declined by 2.5 per cent in December 1996. and overaU manufacturing output dipped marginaUy by 0.3 per cent in the month, figures released yesterday by the Economic Development Board show. The December industrial production index shows an improvement over216 words
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Article, Illustration289 1997-02-20 2 UNITED STATES software giant Microsoft Corporation has reached settlements with 10 local personal computer dealers which pirated its software. The settlements call for apologies in newspaper advertisements and donations of personal computers to children's charities. The software piracy committed by these dealers was in the289 words
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Article, Illustration343 1997-02-20 2 Jenny Lam - ETE ON THE ECONOMY Commerce By Jenny Lam BOOSTED by festive buying, the retail sales index closed last year on a bright note with December chalking up a decent 8.1 per cent year-on-year increase in volume terms. This was the index's second highest growthSource: Dept of Statistics; ALLAN - 343 words
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248 1997-02-20 2 TRADE and Industry Minister Lee Yock Suan yesterday launched the Singapore Inc Scholarship scheme a programme aimed at producing people capable of handling the increasingly complex issues faced by the Republic. Singapore's economic agencies, government-linked companies and some private companies are teaming up to offer the248 words
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348 1997-02-20 2 Ronnie Lim - Ronnie Lim THE weak oil market is allowing two Singapore refineries to carry out maintenance shutdowns next month, with a third refiner also considering doing so if business continues to be slack. Mobil is carrying out a major one-month turnaround at its 280,000 barrels348 words
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395 1997-02-20 3 Christopher Tan - Peak flag-down rate could rise 40 cents, phone bookings could also go up: sources By( Christopher Tan TAXI fares during peak hours could rise significantly in the next three months if taxi operators have their way. The three operators namely Comfort, City Cab395 words
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Article, Illustration381 1997-02-20 3 Diana Oon - Parcels, in its first sale this year, are at Mugliston Park and Geylang Diana Oon THE Urban Redevelopment Authority yesterday kicked off its sale of sites programme for 1997 with the launch of three residential parcels. Two sites in Mugliston Park off381 words
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Article, Illustration325 1997-02-20 3 Walton Morals - By' Walton Morals ARGENTINE President Carlos Menem arrives today for a two-day official visit aimed at taking economic ties to a higher plane. Mr Menem, who will be the first head of state from Argentina to make an official visit to Singapore,325 words
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275 1997-02-20 3 THE National University of Singapore (NUS) has teamed up with Japan's Fujitsu Ltd to conduct joint research on advanced parallel computing in Singapore. Yesterday, they signed a five-year memorandum of understanding (MOU), the first of its kind between the university and a multinational275 words
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Page 2 Advertisements
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Advertisement171 1997-02-20 2 OPENING KfcP, 15 FEBRUARY '97: THE HEIGHT IgS OF LUXURY, FOR BUSINESS. Introductory offers from USs9o++ V\ Combining efficiency and tranquility in Vietnam will V V \<>- 1 < no longer be a tall order because the 9-floor, 157-room y I Garden Plaza Hotel offers both. So that you can171 words
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Advertisement131 1997-02-20 2 Why must you remain uncompetitive? Say NO to see dramatic results. Chances are high that your company is still struggling with outdated batch processing accounting software. Which means there is considerable duplication of work in all the departments, reports are always delayed and morale of your accounts staff is low.131 words
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Advertisement7 1997-02-20 2 Pertamina may build new refinery, Pg 187 words
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Page 3 Advertisements
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Advertisement93 1997-02-20 3 We provide consultancy services on offshore structures, sheif companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands I long Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for93 words
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Advertisement104 1997-02-20 3 v if jm fjj The Old Bank, Finland For almost a century, this was just your average bank, in your average town, doing your average banking stuff. Then, a local entrepreneur waltzed rTj into its history and altered its course forever. He bought the bank, sacked the tellers and filled104 words
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FOCUS: PROPERTY
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Article, Illustration445 1997-02-20 4 Diana Oon - FCC milling relaunch as only 30% has been sold after two months Diana Oon [SINGAPORE) THE developer of Stratford Court in the East Coast has found that it may take more than competitive pricing to attract buyers. It has been over two months sinceFILE PHOTO - 445 words
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Article197 1997-02-20 4 Tan Su Yen - By 1 Tan Su Yen [SINGAPORE] A two-year-old apartment block in St Thomas Walk was sold en bloc for $14.28 million recently, indicating a healthy investment sale market. The apartment block, which comprises 12 apartments of 800 square feet each and two penthouses of 1,600197 words
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329 1997-02-20 4 Report forecasts shortage of land for special industrial uses by year 2011 AFP [HONGKONG] Despite the rapid rise of its service sector, Hongkong needs more industrial land, according to a planning department report released on Tuesday. Director of planning Peter Pun told a pressAFP - 329 words
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Article1136 1997-02-20 4 Property transactions for districts 15 and 16 (sectors 42 to 45 and 46 to 46) lodged between Jan 20, 1997 and Feb 15, 1997. PROJECT NAME/ PROP CONTRACT TENURE BULTHW PWX PSf STREET NAME TYPE DATE LAND AREA* (SOFT) (SS*000> (SS) District 15 Non-l_anded Amber Point Apt 12/11/961,136 words
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Page 4 Advertisements
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Advertisement495 1997-02-20 4 THE FIFTH ANNUAL CONFERENCE 12,13, and 14 March 1997 Singapore The definitive energy conference for the Asia-Pacific, brought to you by the industries' leading publications: Electricity International and Asian Power. Key Issues Addressed: Successfully financing Asian power projects. Effectively risk managing power projects. In-depth regional analysis of Asian energy projects.495 words
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Advertisement30 1997-02-20 4 OFFICE SPACE SALE/LEASE Approx. 14,000 20,000 sq. ft. CBD Financial dist vie. Ample parking lots 7, Expected TOr June '97 Good river view Good investment opportunity Accessible to MRT m30 words
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Advertisement16 1997-02-20 4 Game over! What's next? ri t* Call Sports News on 1900-912-0012, at 30 cents a minute.16 words
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SOUTH-EAST ASIA
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371 1997-02-20 5 KUALA LUMPUR BTsia to keep limit on foreign ownership of teiecoms firms at 30%, says minister Bloomberg Business News AFP Bernama MALAYSIA is maintaining foreign ownership of its telecommunications companies at a maximum level of 30 per cent, a move that is "sufficient" liberalisation, aBloomberg Business News; AFP; Bernama - 371 words
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NOTE Book
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62 1997-02-20 5 APP {KUALA LUMPUR] The Malaysian government said yesterday it would commission a Russian company to launch the country's first micro-satellite by the end of the year. It also agreed to award Britain-based Surrey Satellite Technology the contract to Jointly design and build the micro-satelliteAPP - 62 words
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67 1997-02-20 5 Reuter [MANILA] The Philippine Court of Appeals yesterday lifted an order restraining President Fidel Ramos from proceeding with the privatisation of Manila's water system, clearing the way tor the signing of contracts. The court dismissed for "lack of merit" a petition by aReuter - 67 words
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Article75 1997-02-20 5 Reuter I MANILA! President Fidel Ramos yesterday called for the strengthening of the code ofconduct between China and the Philippines that calls for restraint in the disputed Spratiy Islands in the South China Sea. Mr Ramos said he made the suggestion in talks with Chinese DefenceReuter - 75 words
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198 1997-02-20 5 BANGKOK Reuter THAILAND'S property market is expected to remain sluggish this year due to an economic slowdown and oversupply, especially in capital Bangkok, real estate firm Jones Lang Wootton said here yesterday. "The continued deterioration of general market conditions over 1996 has resulted inReuter - 198 words
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Article221 1997-02-20 5 Eddie Toh - KUALA LUMPUR By. Eddie Toh MALAYSIA has emerged as one of the potential buyers of bankrupt Dutch aircraft carrier maker NV Fokker. The Asian Wall Street Journal yesterday reported that the Malaysian government was studying the proposal on the possible rescue of Fokker. Prime Minister221 words
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Article335 1997-02-20 5 SINGAPORE It's up QJB% from its Feb 14 low as devaluation fears ebb Bloomberg Business News THE Thai baht rallied for a third day after reaching a 10year low last Friday, as concern about a possible devaluation ebbed, traders said. The baht rose asBloomberg Business News - 335 words
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172 1997-02-20 5 KUALA LUMPUR Bloomberg Business News MALAYSIA'S Industrial Production Index slowed to a 9.7 per cent rise in December from the same month a year earlier, crimped by a slowdown in the electronics industry. That is slower than the 10.3 per cent increase recorded inBloomberg Business News - 172 words
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160 1997-02-20 5 JAKARTA Reuter THE Indonesian armed forces will not soften its tough stance in handling the recent unrest that has jolted the multi-eth-nic country in the past few months. The Jakarta Post newspaper yesterday quoted Defence and Security Minister Edi Sudradjat as saying:Reuter - 160 words
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Page 5 Advertisements
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Advertisement87 1997-02-20 5 The BMW 5 Series. Stunning body design, advanced one of the best cars in the world. Call comfort and safety, and sheer driving pleasure. No Performance Motors to test drive the wonder this masterpiece in technology is hailed as car that caught the others napping. The ultimate Driving Machine Performance87 words
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CHINA – HONGKONG – TAIWAN
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Article, Illustration646 1997-02-20 6 Lu Ning - CHDfA WATCH And the Impact will Just be psychological By Lu Ning AT THE height of the Cold War, the US and the Soviet Union were said to have enough nuclear weapons to obliterate one another from the face of the earth many times646 words
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Article, Illustration408 1997-02-20 6 SHANGHAI But analysts say the issue is more emotional and has no economic significance Reuter SHARE markets in and around China have again shown how sensitive they are to the health of paramount leader Deng Xiaoping, however, analysts said yesterday the issue was nowReuter; REUTER - 408 words
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252 1997-02-20 6 BEIJING AFP THE substantial industry that has grown around the Deng Xiaoping "death watch" will be hit by massive lay-offs once the rumours they live off prove true. The implications for China aside. Mr Deng's death will leave a gaping hole in the lives of China-watchersAFP - 252 words
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254 1997-02-20 6 WASHINGTON AFP US SECRETARY of State Madeleine Albright intends to travel to Beijing next week as planned despite reports that Chinese patriarch Deng Xiaoping is ill, the State Department said on Tuesday. Sources in Beijing said Mr Deng, 92, had suffered aAFP - 254 words
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400 1997-02-20 7 TOKYO Japanese businesses likely to greet central bankers' statements with relief FT CHINESE and Japanese central bankers on Tuesday pledged to cooperate to ensure the Hongkong dollar's stability after the territory reverts to Chinese rule in July. Chen Yuan, vice-governor of theFT - 400 words
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322 1997-02-20 7 HONGKONG Real issue is not who names chief but how HEMA operates once he's in charge: official AFP HONGKONG'S monetary policy decisions would not be affected by a change in the way the Hongkong Monetary Authority (HKMA) reports to the government, itsAFP - 322 words
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Article, Illustration45 1997-02-20 7 [BEIJING] A People's Liberation Army soldier posing for a picture in front of a big lantern at Tiananmen Square yesterday. The lantern, featuring a general view of Hongkong, symbolises the British colony's reversion to Chinese rule in 131 days. REUTERREUTER - 45 words
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242 1997-02-20 7 HONGKONG AFP THE Hongkong handover will top the agenda at China's National People's Congress next month, it was reported here yesterday. The Congress. China's parliament. will discuss at its March 1-14 meeting how to guarantee a smooth handover and how to maintain theAFP - 242 words
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176 1997-02-20 7 BEIJING AFP CHINA yesterday vowed no major change this year in its export rebate policy, which has been the source of substantial confusion and annoyance among export-oriented enterprises. "Both the rebate rates and the system will remain largely unchanged this year," saidAFP - 176 words
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Page 6 Advertisements
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Advertisement180 1997-02-20 6 front r #i A v^lHI 3- "W* T 4 A pH*. J. nil.- I 11 T The astute investor knows a good investment when he sees one and that's exactly what you get with the Audi A 6 2.6 Pro-Line. With the thoughtful luxury additions including leather and walnut interior,180 words
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Page 7 Advertisements
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Advertisement117 1997-02-20 7 CO WITH A DIFFERENCE We odualty measured our rooms q and discovered that ours probably one of the mast spodous you'll get at SS//9* To make it an even better offer, we compfiment it with: Welcome Drink Coffee/Tea making foahies qO 24 Hours irtfouse video Personal Safe Newspaper Swimming Pool117 words
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ASIA
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355 1997-02-20 8 TOKYO Remarks may pave way for BOJ to raise rates later, say market watchers Reuter JAPAN's central bank sounded a note of guarded caution yesterday against a creeping rise in the price of goods in a country which has experienced zero inflation,Reuter - 355 words
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285 1997-02-20 8 SYDNEY The region cannot afford political payback, he says AFP A LEADING academic has attacked Malaysia's blackballing of Australia from the Asean-Europe Meeting (Asem) as being based on race. "Australia's exclusion is a political exclusion on the grounds of our race andAFP - 285 words
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Article, Illustration88 1997-02-20 8 (SYDNEY] A ferry passing underneath three painters working on the Sydney Harbour Bridge yesterday with the Sydney Opera House visible in the distance. The maintenance workers for the bridge have been increased from 112 to 130 in an effort to have it painted inREUTER - 88 words
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279 1997-02-20 8 SEOUL AFP SOUTH Korean prosecutors yesterday indicted nine men, including three confidants of President Kim Young Sam, on corruption charges in the Hanbo loans-for-kickbacks scandal. The nine are a sacked home minister, two bank chiefs, four MPs, Hanbo group patriarch Chung Tae SooAFP - 279 words
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168 1997-02-20 8 SYDNEY Reuter AUSTRALIA'S import bUI has risen to its second highest level on record, with the stronger than expected January figure boosted by the unexpected inclusion of a number of shipping vessels. Merchandise imports rose 5.7 per cent in January, boosted byReuter - 168 words
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241 1997-02-20 8 BRISBANE Bloomberg Business News AUSTRALIAN police have appealed to the so-called Arnotts extortionists to contact them by Monday. If they do not hear word by the deadline, the police will assume the threat to put cookies poisoned with pesticide on supermarket shelvesBloomberg Business News - 241 words
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Page 8 Advertisements
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Advertisement213 1997-02-20 8 Editorial: The third link in world order, Pg 11 INTRODUCING THE NEW AND ONLY 2.01 ESTATE WTTHAWD The new Legacy 2.0/AWD Estate is the culmination of decades of engineering An inherent sense of security is heightened by the knowledge that the refinement. Its revolutionary aluminium alloy boxer (V series) engine213 words
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FOCUS
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Article, Illustration1108 1997-02-20 9 Anthony Rowley - The yen's fluctuations are causing mayhem in trade statistics and having an equally devastating impact on predictions for corporate profits By. Anthony Rowley [TOKYO] THE US dollar's recent sharp appreciation against the yen and against other major currencies may have brought confusion in foreign exchangeSource: Bloomberg; FILE PHOTO - 1,108 words
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Page 9 Advertisements
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Advertisement0 1997-02-20 9 %-[_",{^$`>@:&__?,\$$+=;?!$}[//0 words
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THE WORLD
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454 1997-02-20 10 WASHINGTON December's USslo.3b gap exceeds forecasts, brings 1996 total to high of USsll4.2b Reuter THE US trade deficit shot up in December on record imports, driving the shortfall on total goods and services trade for all of 1996 to an eight-year peak, the CommerceReuter - 454 words
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253 1997-02-20 10 WASHINGTON Bloomberg Business News US CONSUMER prices rose a lower-than-expected 0.1 per cent in January, as food prices fell, a sign that US inflationary pressures remain at bay. Consumer prices at the core level, which excludes food andBloomberg Business News - 253 words
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Article, Illustration77 1997-02-20 10 [NIEUW SCHEEMDA, Netherlands] Violet Sanders of "Pig's Paradise "feeding her pig Tony a piece of potato in her kitchen here yesterday. The pig 's paradise is an institute to promote a better life for pigs and information about the animal. The Netherlands is hoping the European Union willREUTER - 77 words
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Article317 1997-02-20 10 USTRASBOURG AFP THE European Parliament voted yesterday in an unprecedented resolution to censure the European Commission (EC) over its handling of the mad cow crisis, demanding that it implement reforms to avoid such a debacle in future. The resolution, passed by 422 votes forAFP - 317 words
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186 1997-02-20 10 U BONN Reuter BRITISH Foreign Secretary Malcolm Rifkind yesterday said Chancellor Helmut Kohl was wrong about European Union integration and suggested the veteran German leader was out of touch with popular opinion. Mr Rifkind, on a visit to stir up a critical debate aboutReuter - 186 words
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339 1997-02-20 10 WASHINGTON Call to pat Greece, Paraguay and Russia under watch list Reuter US COMPUTER software and entertainment industries said on Tuesday they lost about US$lO.6 billion (Ssls billion) last year to copyright piracy in more than 50 countries. The International Intellectual PropertyReuter - 339 words
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397 1997-02-20 10 GENEVA Reuter FOREIGN direct investment in the former Communist world topped US$46 billion (5565.3 billion) at mid-1996, up 60 per cent from a year earlier, with countries that are reforming faster getting the lion's share, a UN report said on Tuesday.Reuter - 397 words
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259 1997-02-20 10 FRANKFURT AFP EUROPEAN Union nations that want to join the single European currency will be judged not only on their 1997 economic performance but also on their 1998 budget forecasts, said Wim Duisenberg, the future president of the European Monetary Institute. "If aAFP - 259 words
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Page 10 Advertisements
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Advertisement177 1997-02-20 10 —wmmt mm I Institute of Management Consultants (Singapore) I B presents I I THE GRADUATE CERTIFICATE I 8 IN MANAGEMENT I I CONSULTANCY I Mandatory Modules Elective Modules fl B Ml Management Consulting Skills El Total Quality Management I M 2 Management Research E2 Building a Learning Organisation fl Analysis177 words
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Advertisement50 1997-02-20 10 I>»SL- MS kir v> MHMjM Hbh I WM <> 3 "w P Singapore's one and only duck restaurant at Hotel Negara An unforgettable dining experience of exciting duck dishes set against rustic beauty. Hotel Negara, 10 Claymore Road, Singapore *****0 Tel: 737 0811 (Hotel Negara is located behind Orchard Towers)50 words
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EDITORIAL & OPINION
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Article, Illustration718 1997-02-20 11 Leon Hadar - THE BOTTOM LDIB OPINION By Leon Hadar The writer is BT's Washington correspondent READING The Washington Post about the alleged efforts by Chinese diplomats to manipulate the American political process by trying to recruit American-Asian officials and to funnel money into the Democratic Party's718 words
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Article129 1997-02-20 11 'We must treat women from the Mafia as we treat men because they now have the economic and decision-making powers.' Maria Teresa Prindpato Italian magistrate, on women who are taking over the responsibilities of Mafia family chieftains. Two is a company and three is a crowd. If129 words
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Article632 1997-02-20 11 EDITORIAL WHEN Prime Minister Goh Chok Tong first mooted the idea of an Asia-Europe meeting more than two years ago, the idea was to a forge a link in the chain of relationships among the world's three major economic areas. Two years after that632 words
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Article, Illustration1054 1997-02-20 11 Alan Cane - Euphoric trade representatives to the WTO talks on telecommunications services have finally reached agreement By. Alan Cane Financial Times THE euphoria at the weekend among trade representatives and their delegations to the World Trade Organisation talks on telecommunications services in Geneva was understandable. After three years of oftenFinancial Times; FII.EPHOTO - 1,054 words
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Article876 1997-02-20 11 Lesson of the cat's colours CHINA may have been through revolution and civil war, but some things scarcely seem to change. As long as the emperor still lives, the mandate of heaven rests with him. Moreover, Deng Xiaoping has the charisma which the new generation of876 words
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Page 11 Miscellaneous
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Miscellaneous28 1997-02-20 11 POOHESBURY By Garry Trudeau MICHAO., rue/mr POUT I /oeuuKe. I m CAUCUS I MMOTH£*-\ I nezArme J J J MWSAJQN V y \H£AD TAOLS 7 B u sills28 words
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EXECUTIVE LIFESTYLE
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Article, Illustration689 1997-02-20 12 CHUANG PECK MING - His latest book reflects a new awakening to human limitations, says chuano peck bkhvg CHUANG PECK MING After half a century of writing, with more than 20 books under his belt. Harvard economist J K Galbraith appears to be finally running out of things to say.689 words
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CHATTER Box
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Article123 1997-02-20 12 Reuter [LOS ANGELES] Actress Elizabeth Taylor was admitted to the hospital on Tuesday and underwent a battery of tests prior to surgery to remove a benign brain tumour, a hospital spokesman said. The tumour was detected this month during a brain scan as part ofReuter - 123 words
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Article, Illustration181 1997-02-20 12 DPA [LOS ANGELES] Top US basketball star Shaquille O'Neal is matching his sporting success with celebrity as a rap artist O'Neal, who last year signed the highest ever transfer deal in the history of the league worth US$l2O million (SII6B million) over seven yearsDPA - 181 words
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165 1997-02-20 12 Reuter [CAMBRIDGE, Massachusetts] Actor-director Mel Gibson was dressed appropriately to receive Harvard University's Hasty Pudding Theatrical's Man of the Year Award on Tuesday in a bra under his tuxedo. Gibson, honoured with a roast by the theatre group for films such as BraveheartReuter - 165 words
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Article, Illustration976 1997-02-20 14 PEOPLE The director honours hi» lflgonHary mother in the way she would have wanted him to NYT [NEW YORK] Martin Scorsese can direct, produce, act, provoke, inspire and charm. His mother Catherine Scorsese could do all that and more: she could cook. When MrsNYT; FILE PHOTO - 976 words
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Article584 1997-02-20 14 ART Some exhibits beg the question if Ono was an avant-garde artist or anti-artist Reuter [LONDON] Yoko Ono has long been branded as the woman who destroyed the Beatles by stealing John Lennon's heart and dragging him into the free-spirited chaos of the 1960sReuter - 584 words
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Article, Illustration328 1997-02-20 14 FILMS Rush, Blethyn and The English Patient are Oscar favourites, says British bookmaker Reuter [LONDON] Geoffrey Rush, Brenda Blethyn and The English Patient are the favourites to win Oscars at the Academy Awards ceremony in Los Angeles on March 24. British bookmakers Ladbrokes said onReuter; FILE PHOTOS - 328 words
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Page 12 Advertisements
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Advertisement34 1997-02-20 12 SINGAPORE'S MOST INSPIRING HOMES 143 PAGES OF WONDERFUL ROOMS AND IDEAS M MHHHB A GREAT BOOK FOR YOURSELF. FAMILY OR FRIENDS GET IT AT TIMES THE BOOKSHOP IN CENTREPOINT. PLAZA SINGAPURA AND RAFFLES CITY34 words
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Page 13 Advertisements
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Advertisement404 1997-02-20 13 Where to wine, dine and entertain Celebrate the Year of the Ox at Meisan Special Set Menus for 4 to 10 persons ranging from $188.00+++ to $738.00+++ from 31 January to 21 February 1997. For reservations, please call 731 7996. SS MEISAN JE/UJ SICHUAN Bf STMJBAWT tOV A 1 s®404 words
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Advertisement175 1997-02-20 13 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, Please call our Customer Services Section on 1800-749-2577. O o Uilltrfp Cdunije °Specials' o 1 January to 31 JHarch 199? (Not valid duringJesttve periods)o o ft o «°o o e From 11.00 am to175 words
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Advertisement101 1997-02-20 13 The Dian^n^estaurant 1 At The Neptune on Shenton Way Dian Xin/Lunch Ij/r;, /g j 11.30am-2.30pm ,jjj ncphmc 1 7TH FLOOR. CVERbEAS UNiON HOUSF. KH lunch dinner Enjoy oysters, salmon and local favourites like chicken rice, mee siam and roti prata Lunch 12 noon to 2:3opm 7- 21 February W7 (except101 words
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Page 13 Miscellaneous
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Miscellaneous778 1997-02-20 13 TV&RADIO John team up again. This 10.30 Hirari (Japanese Dratime they start on a case of ma/Eng. Subts). 1.30 tM TV Innovations. a Navy test pilot whose ILOO TV Innovations. 2.30 The Winners. death in a plane crash was LOO AM Close. 3.00 Money. Money, Money. not accidental 3.30 Hot778 words
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Miscellaneous149 1997-02-20 13 CRYPTIC CROSSWORD Isn't sea. though may have VI 16 Providing one's wardrobe is business (3,5) needs car fixed (8) 25 City den provides sweet delight (6) 6 S° me prefer a lover to be YESTERDAY'S SOLUTION 26 Finished exam in a type of i [GlHlTlwnnTMi poetry (8) 7 Another helping149 words
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Page 14 Advertisements
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Advertisement62 1997-02-20 14 I buy now Xa| B UMNEs^j paying the FrcUiehi.se /wj Game «/K/J and winning big/ Vj ®HSA guide for /j^^l aspiring franchisees e'ectronfes j J —aapehoifcfay I Available at Newsstands NTUC Supermarkets Caltex Published by Times Periodicals, member of STOP PRESS kiosks 7 Eleven Mobil Times the Bookshop Cold Storage62 words
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COMPANIES & MARKETS
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Article, Illustration339 1997-02-20 15 Tan Su Yen Abdul Hadhi - Company submitted the highest bid of about $165 m for the freehold Avenue Park site By Tan Su Yen Abdul Hadhi [SINGAPORE] Straits Steamship Land (SSL) is on the verge of clinching one of the most sought-after collective sale sites on339 words
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304 1997-02-20 15 Teh Hooi Ling - By 1 Teh Hooi Ling [SINGAPORE] Instant coffee maker Super Coffeemix Manufacturing (SCM) is placing out 20 million new shares to raise about $26 million. It has priced the shares at $1.34 apiece, a discount of about 3 per cent to the304 words
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746 1997-02-20 15 Lee Han Shih - HOCK LOCK SIEW Lee Han Shih Shareholders hoping for a big jump in Tri-M Technologies' share price, on account of the current takeover of the company, would do well to take a second look at the company. Tri-M, a main board-listed electronics746 words
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Article486 1997-02-20 15 Siow Li Sen - Turnover np 30% in 1996, accounting for 13% of total SES turnover By\ Siow Li Sen [SINGAPORE] Foreign-cur-rency stocks listed on the Singapore stock market are finally coming into their own with the Jardine stable of companies leading the pack. According to a report in the486 words
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246 1997-02-20 15 Louis Beckerling - By] Louis Beckerling [SINGAPORE] Malaysian newspaper group, the New Straits Times Press, has stirred up a hornet's nest with a proposed Ms7o million (Ss4o million) investment in a new newspaper in South Africa. An evidently jilted South African party to the246 words
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227 1997-02-20 15 (SINGAPORE) Insider trading does not sully Singapore's corporate landscape and investors do not necessarily favour the stocks bought by insiders, says a study published in this month's Stock Exchange of Singapore Journal. In their study on the effects of insider trading227 words
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REGIONAL COMPANIES
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309 1997-02-20 16 Abdul Hadhi - Group to spend Asl2m more to upgrade Cairns hotel, which analysts say is a bargain bny By. Abdul Hadhi [SINGAPORE] The Thakral group, one of the largest owners of hotel rooms in Australia, has bought the Lyons Hotel on the touristy309 words
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233 1997-02-20 16 [SINGAPORE] Kingsgate International Corporation (KIC), a member of the listed CDL group, returned to the black in its last financial year. It registered a net profit of NZ52.56 million (552.5 million) for the year ended last Dec 31, compared with a loss of NZ$BO7,OOO233 words
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244 1997-02-20 16 Bloomberg Business News [JAKARTA] Bre-X Minerals Ltd will not receive any payment for the 30 per cent stake in the Busang gold deposit that it gave to its Indonesian partners, said Mohamad "Bob" Hasan, an Indonesian businessman who helped broker the agreement. "It's veryBloomberg Business News - 244 words
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Article, Illustration401 1997-02-20 16 S N Vasuki - From! S N Vasuki in Jakarta SHAREHOLDERS of PT Astra International yesterday elected timber tycoon Mohamad "Bob" Hasan as the carmaker's new president commissioner. Mr Hasan pledged to focus on Astra's core automobile operations but said that a proposed plan to spin off the401 words
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COMPANY Briefs
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77 1997-02-20 16 [SINGAPORE] Listed Singapore Petroleum Company (SPC), together with its Singapore Refining Co partners British Petroleum (BP) and Caltex yesterday signed a deal with Eastman Chemical to jointly supply about 90,000 tonnes of propylene annually for 15 years. The propylene will be supplied through a77 words
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82 1997-02-20 16 [SINGAPORE] Singapore Food Industries (SFI), the food subsidiary of listed Singapore Technologies Industrial Corporation, will invest over £5 million (5511.5 million) in a new facility to produce chilled ready meals in Britain. The 60.000 sq ft factory will replace the present82 words
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74 1997-02-20 16 AFX-Asia [KUALA LUMPUR] Malaysian Airline System Bhd managing director Wan Malek Ibrahim has tendered his resignation, a company official said. The official, who declined to be named, said senior vice-president commercial Bashir Ahmad Abdul Majid is expected to take over. Mr Wan MalekAFX-Asia - 74 words
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214 1997-02-20 16 [SINGAPORE] Parkway Holdings has given an option to PT Siloam Gleneagles Health Care Tbk (Siloam) to take over the bulk of its proposed stake in Budi Mulia Hospital in Surabaya. The option is for a 39 per cent stake in the 140-bed hospital. If214 words
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INTERNATIONAL COMPANIES
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Article, Illustration502 1997-02-20 17 It outbids Doubletree's USsB9om offer for New World hotel unit Bloomberg Business News AFX-Asia [WASHINGTON] MARRIOTT International Inc has agreed to buy Renaissance Hotel Group NV for US$l billion (Ssl.4 billion), or US$3O a share, topping a Doubletree Corp bid for the upscaleBloomberg Business News; AFX-Asia; Source: Bloomberg - 502 words
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398 1997-02-20 17 Sale of French govt's 58% stake will be open to French, other European firms Bloomberg Business News Reuter [PARIS] The French government said it plans to sell its stake in defence electronics company Thomson-CSF in one block, rather than selling shares at auction.Bloomberg Business News; Reuter - 398 words
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209 1997-02-20 17 Bloomberg Business News [LONDON] An investment unit of HSBC Holdings pic said it will buy UK train leasing company Eversholt Holdings Ltd for £726.5 million (551.66 billion), drawing the ire of Britain's opposition Labour Party. The sale comes one year after theBloomberg Business News - 209 words
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306 1997-02-20 17 Bloomberg Business News [NEW YORK] Evergreen Media Corp has agreed to buy Chancellor Broadcasting Co and Viacom Inc's radio stations for a combined US$2.5B billion (553.7 billion) in stock, cash and debt to more than double its radio network. The combinedBloomberg Business News - 306 words
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220 1997-02-20 17 Bat it cantions growth in orders was lower than expected NYT [SAN FRANCISCO] HewlettPackard said on Tuesday that its fiscal first-quarter earnings increased by more than 15 per cent, exceeding a consensus forecast of Wall Street analysts, who had expected the company's resultsNYT - 220 words
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148 1997-02-20 17 Reuter [BRUSSELS] The European Commission gave final approval on Tuesday to the Global One telecommunications alliance between France Telecom, Deutsche Telekom AG and their American partner Sprint Corp. It said in a statement the governments of France and Germany had fulfilledReuter - 148 words
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FINANCE & COMMODITIES
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Article, Illustration365 1997-02-20 18 No purchase deals struck; gas production seen starting in 2003 Bloomberg Business News [IRVING, Texas] Exxon Corp and its partners in the US$4O billion (5556.8 billion) Natuna gas project met 300 contractors who may bid for work on the project, even though no oneBloomberg Business News - 365 words
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Article, Illustration255 1997-02-20 18 6% consumption growth cannot be met by current capacity Reuter [JAKARTA] Indonesian Mines and Energy Minister Ida Bagus Sudjana said yesterday it was possible state oil company Pertamina would build a new refinery. "We are looking at the possibility of building a newReuter; AFP - 255 words
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156 1997-02-20 18 Reuter [AMSTERDAM] ING Groep ,NV said on Tuesday its ING Futures and Options unit is withdrawing from sales of commodity derivative brokerage and clearing services. ING spokesman Wieger Sietsma said 40 jobs will be lost in Chicago and four in London as part ofReuter - 156 words
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245 1997-02-20 18 Bloomberg Business News [LONDON] The Bank of England has proposed a series of changes to the way it works with auditors to monitor the financial health of banks, following the collapse of Barings pic two years ago. The central bank, followingBloomberg Business News - 245 words
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222 1997-02-20 18 Bloomberg Business News INEW YORK] Chase Manhattan Corp has promoted James B Lee Jr to vice-chair-man of the largest US bank, responsible for global investment banking. Mr Lee, 44, who made his mark overseeing Chase's rise to the world's largest arranger of corporate loans, joinsBloomberg Business News - 222 words
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186 1997-02-20 18 Bloomberg Business News [HANOI) Vietnam's first attempt this year to revive its struggling treasury-bill market has failed to attract any foreign buyers. The central bank offered 30 billion dong (Ss3.B million) in one-year dong-denominated treasury bills for auction yesterday. It sold 10 billion dongBloomberg Business News - 186 words
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Article241 1997-02-20 18 SIMEXReport Reuter (SINGAPORE) Simex Euroyen futures edged higher on the back of gains in Japanese government bond (JGB) futures in an otherwise featureless market yesterday. Dealers said the market ignored gains in Tokyo stocks and comments by Bank of Japan Governor Yasuo Matsushita about Japan'sReuter - 241 words
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186 1997-02-20 18 Perry Gilbert - MSCI TAIWAN FUTURES By Perry Gilbert By Perry Gilbert, vice-presi-dent, Refco Singapore Pte Ltd [SINGAPORE] Following the 539 contracts traded on Tuesday. volume improved with 721 contracts traded in the March 1997 contract month yesterday. Total open interest surged to break 2.200 contracts186 words
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202 1997-02-20 18 ENERGY REPORT Reuter [HANOI) State oil firm Petrovietnam said yesterday that Vietnam's crude oil output was expected to reach nine million tonnes this year, up slightly more than 2 per cent from last year. A Petrovietnam official said that 1.2 million tonnes was pumpedReuter - 202 words
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Article283 1997-02-20 18 Reuter London THE dollar/mark bounced to session highs by midday in Europe, boosted by a reinvigorated sterling and an apparently milder Bundesbank attitude on dollar strength. The Bundesbank's February monthly report and remarks from its chief Hans Tietmeyer weighed down the dollar in early trade. The report saidReuter - 283 words
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Article, Illustration1462 1997-02-20 18 DfTERBAMK CROSS RATES AW> 19 A$ C$ tout ECU Ffr Pa HK$ HKh frpiah Yen Won M$ H2$ Pa> t» Peso S$ Band Sfr WTS BaOt Hmt US$ Australia 1037 (.178 0.665 4.348 L287 5.924 27.440 18.261 0.945 6.568. L903 LH38 30.727 20.138 1089 3.438 L124 21.090 ***** 0.475 0.7651,462 words
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Article1743 1997-02-20 19 SICOM FUTURES Febw RU88ER (hatur*s dosaaq ts <t 5J0p«) RSS1 CONTRACTS cwtiAg) CJOM V*NW 0pa« Month tow Sett (to—t») totarwt Mar 97 172.00 mJO 172.00 »50 TOO Apr 97 173.50 173.00 173.25 350 T75 May 97 175.75 174.75 174.50 150 C25 Jim 97 176.75 175.75 175.50 150 10751,743 words
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Article2315 1997-02-20 19 tomwtt Mntridi row hKi AB Ports 311.400 1 Abbey Nation** 799-200 5.800 Allied Oomecq 434.400 *6.400 Amec 109 5 AMI Group 116.600 1 BAT Ind 545.400 17.400 BICC 263.400 -1 BOC Croup 938 *.600 BR Petroleum 684 -4 BTR 242 -1 Bank of Scotland 363.400 6 Barclays2,315 words
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Article1632 1997-02-20 19 AFX-Asia Q Nikkei 225 ****** SHARE prices closed higher yesterday, with continuing bargain hunting and futures-led gains pulling share prices into positive territory in late trading, brokers said. The 225-share Nikkei Average closed up 128.37 points at 18,599.12. Trading was moderate with an estimated 400 million shares changing hands.AFX-Asia - 1,632 words
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Article, Illustration1618 1997-02-20 20 AFX-Asia Q Hang Seng +138 SHARE prices closed little changed yesterday in volatile trade with institutional traders unwilling to push the market higher despite sharp gains on Wall Street overnight, dealers said. They said that while immediate concerns over the health of Chinese paramount leader Deng Xiaoping have subsided,AFX-Asia - 1,618 words
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Article, Illustration696 1997-02-20 20 Reuter Shenzhen Binder +4.03 THE Shenzhen B market ended higher yesterday on a technical rebound after an official denial that there had been a major deterioration in the health of Chinese leader Deng Xiaoping. The B Index rose 4.03 points, or 2.9 per cent, to 141.75 on volume ofReuter; Source: Credit Lyonnsis Securities(Asia) Ltd - 696 words
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Article394 1997-02-20 20 AFP PWPMtx +14JB SHARE prices rose yesterday as investors sought bargainpriced stocks. "Following yesterday's heavy drops, many retail investors found they sold too much and joined institutional investors to buy shares at bargain prices," said a trader. The Weighted Price Index gained 14.82 points to 7,656.85. Turnover was 3.62AFP - 394 words
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Article268 1997-02-20 20 Reuter Q Wellington -Un THE NZSE Top 40-share Index ended marginally lower yesterday in a market dominated by corporate results. The index closed 1.97 lower at 2,329.35 on light volume of NZ$4l.7 million. Reuter ran wj coooi ANZ Bonking 9.45 O.K) ***** Advontoqoi HIOQS 1.25 unch *****0 Air Nf«Reuter - 268 words
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Article, Illustration847 1997-02-20 20 AFP H SET lata *3L5» STOCKS closed 4.5 per cent higher yesterday as concerns over the weaker baht faded and bargain-hunting among blue chips led a technical rebound after recent sharp falls. An analyst said the easing US dollar and improving liquidity contributed to sharp advances in afternoon trade.AFP - 847 words
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Article429 1997-02-20 20 Bloomberg Business News Fi Composite Index +4L73 STOCKS rose for the first time in three days yesterday, led by insurance companies, as investors bet a government move to promote mergers and acquisitions in the industry will boost competitiveness. The government said on Tuesday it will allow three of theBloomberg Business News - 429 words
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Article614 1997-02-20 20 AFP PAD Ordinaries -10.7 SHARE prices fell 0.4 per cent yesterday following the release of data showing a steep rise in January imports. "I think the catalyst was undoubtedly the import figures which obviously created some concern that the economy was stronger than people expected," a broker said. TheAFP - 614 words
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Article, Illustration732 1997-02-20 20 AFP Qfompositejodex -(134 SHARE prices closed slightly lower yesterday as the bourse underwent a correction following a strong performance in the previous week. "I would say that the sentiment is still bullish but this correction is inevitable and healthy for the market," said a trader. The Composite Index easedAFP - 732 words
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Article310 1997-02-20 20 AFP p| Manila +M 1 STOCKS rose 0.3 per cent yesterday on a technical rebound. The PSE Composite Index gained 9.91 points at 3,316.34. Turnover was 39.7 billion shares worth 4.9 billion pesos. Petron Corp remained at 10.25 pesos while the Manila Electric A and B shares were alsoAFP - 310 words
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KUALA LUMPUR STOCK MARKET
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Article, Illustration599 1997-02-20 21 AFX-Asia Hi Composite Index +10.74 SHARE prices yesterday closed higher across the board, led by retail interest in second-liners and selective interest in the blue chips. Dealers said rises in regional bourses also helped improve investor confidence. The KLSE Composite Index closed up 10.74AFX-Asia - 599 words
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Article8235 1997-02-20 21 INDUSTRIALS CMSWMf products •997 Last Vol Day Nat Cap High Lh Company Ma *000 In Wl <■» 755 680 Ajinomoto 735 -10 7 735 735 56.1 297.9 444 334 Angkasa 432 unch 766 436 428 12.8 636.9 905 750 Apollo Food Mlg 840 50 386 840 790 336.0 396 1898,235 words
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WARRANTS & OPTIONS
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Article232 1997-02-20 22 Ven Sreenivasan - WARRANT WATCH Ven Sreenivasan MANY of the cheaper warrants have run up to record and near-record highs on the back of the current market rally. There is nothing particularly remarkable about this as warrants are usually the biggest gainers in a bullish market. But232 words
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Article3993 1997-02-20 22 BONOS, LOANS ft WARRANTS m 1996/1997 Last Vol Day Lest Ouott Avg Low Stno Company Solo *or- I'OOO) High Low Buyer Soltor Prlco 65 47 m 3000 m AMOB c5.5%*****6 M S *1 37 63 61 62 63 57 39 3160 "Acer ******1US$ 56.5 *2 253 57 54 56.5 57.53,993 words
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Article2478 1997-02-20 22 MALAYSIAN STOCKS Gf Or 1996/1997 Last Vol 0«» Last Oust* otv Otv Yld Net M Cap HHH L—i Stno Company Sate COOP) High Low Buyer Sewer C w H PIt Sum ~625 360 T gTMTfi AiCHifW- 414 *2 62 418 406 4)4 4li i!o 4.9 0.3 85.9 424.72,478 words
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STOCK EXCHANGE OF SINGAPORE
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Article1682 1997-02-20 23 TURNOVER COOO) VALUE COOO) ►tota CIO T*«l MUn Clot T»t* Industrial 121.658 49.169 170.827 206.047 *>5,842 311.889 Fintnct 8.945 23.071 32.016 74.800 29.395 104.W5 HOWS 3,040 2.268 5.308 10,295 5.223 15.5M Prop«rtt*S 8.129 37,397 45.526 54.185 63.827 118.012 Plinutloo 1.569 1.569 4.169 4169 ttinina 641 641 1.762 1.762 BL¥» 121,682 words
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Article4251 1997-02-20 23 Gr Of M Wt Wo i n»v Last OuoU Div Wv YM Net Cap A»g 1996/1997 Last Vo Y Buver Seller C'»r P/E $mlt Prlc# High Low StNo Company Sale (OOO) High L«w BUY" 5 ,wr t vr -*> INDUSTRIALS 5146 ASENTSIO 200 US- 90 0 «5S 354,251 words
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Article1206 1997-02-20 23 Gf Or M Wt 1996/1997 Lat» Vol Day lot Ouote Otv Mv Net Cap M Ht«h Low StNo Company Ml fOOO> HN» C— !»>» P" Wl Wi W SESOAO 289 135 2000 A8R HldQS 5c 166 -2 16 169 166 166 168 3.0 14-2 0.1 103.8 '38 170 1831,206 words
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Article229 1997-02-20 24 Vatame FHTK Hldqs 20c 49.206,000 Kian Ho 10c 15.632,000 •Tongkah Wt99 U.327,000 •MBt Hkkjs 50c 13.271,000 •Berjayalnd 10.300,000 •Berjaya Group 10.158,000 'Renong WtOO 8,787,000 Pac Andes 20c 8,426,000 Ant ad H Wt99 8,406,000 SMB United 10c 8.057,000 FHTK Hldqs 20c 37,027,806 •Berjaya Ind 22,404,250 City Dev 50c 21.919,776 •Tongkah Wt99229 words
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Article, Illustration68 1997-02-20 24 Shiv Taneja - -bfi Shiv Taneja INSAS BHD, which closed yesterday two cents up at 51.20 on a volume of 5.9 million shares traded, is attempting to build support at its present price level. However, with weekly RSI and stochastics well into overbought territory, investors would do well to take profit68 words
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Article, Illustration635 1997-02-20 24 Ven Sreenivasan - STOCK MARKET COMMENTARY Dealers say big institutional investors are also beginning to take positions after staying on the sidelines for the previous two sessions Ven Sreenivasan [SINGAPORE] The market staged a sharp recovery yesterday on the back of strong buying by syndicates, smaller635 words
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ON THE GRAPEVINE
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Article171 1997-02-20 24 LAST YEAR marked the 10th anniversary of emerging markets as an asset class. Ten years ago, the first global fund, Capital Emerging Markets Growth Fund was launched, sponsored by the International Finance Corp and managed by the American-based Capital International, and raising US$5O million, according to Fund Research171 words
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Article161 1997-02-20 24 NOT long ago, a colleague received a New Year card from the Showpla Group of Japan. One side of the card had a family portrait of the key members of the family (which we assume has a hand in the running of the company), while the161 words
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Article112 1997-02-20 24 LAST year, the Singapore Symphony Orchestra (SSO) received funding ranging from $5,000 to more than $500,000 from 63 donors. Most of these were corporations, but included 10 banks and one individual banker. The big donors were three of the four big local banks (the exception was112 words
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Article108 1997-02-20 24 BY INTERNATIONAL standards, Singapore's unit trust industry is relatively tiny—not just in terms of ftmds under management but also in terms of number of unit trusts available. Even so, with over 70 ftinds available, local investors do have quite a bit of choice. So how do you pick108 words
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Article68 1997-02-20 24 EN THE US, some internet service providers (ISPs) now offer free Internet service, but the catch is subscribers are required to read advertisements while on the Internet. The question is, who is to know whether the subscribers actually read the ads, or just gloss over them?68 words
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Advertisement27 1997-02-20 15 J I 1 m ••Si*. V"* *.a' Hin 1 J Jim I HUGO m iS" 01-03/04 NGEE ANN CITY MALL TEL: ISETAN ORCHARD LEVEL 4 TEL: *****8527 words
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Advertisement303 1997-02-20 16 Urban (LD| Redevelopment Authority FOR RESIDENTIAL DEVELOPMENTS II cw S^ S Woo*.*. SckS' Getyang East PS® A j I 8 G^*^oo SELETAR HILLS I 5 V\ ESTATE '—I 2 J S Seletar Springs Sims View Land Parcels A B at Mugliston Park Land Parcel C at Lorong 39 Geylang Slated303 words
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Advertisement193 1997-02-20 17 LAN VIN t Presenting our Spring/Summer *97 Collection. Tailored to suit you for all seasons. We are delighted to present, onpe again, our exclusive Made-To-Measure service from 20 to 22 February 1997, featuring the latest Spring/Summer '97 styles for men. Lanvin's Made-To-Measure Specialist, Mr. Thomas Gheorghiu, will fly in specially193 words
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Advertisement65 1997-02-20 18 9llea£v itv obuiderv (3mßumecy r4 J Come and experience sumptuous, mouthwatering la&fj En^stl *****1 tr Y Choose from a wide variety of L%»lLa garden fresh salads, airflown tender steaks, ocean fresh seafoods and other eateries befitting connoisseurs. Enjoy the wonderful garden ambience, truly a special rendezvous to wine and dine.65 words
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Page 20 Advertisements
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Advertisement29 1997-02-20 20 For real-time stock information, Scall Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of I The Business Times and Lianhe Zaobao.29 words
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Advertisement9 1997-02-20 21 Home Decor -For people who love their homes i9 words
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Advertisement135 1997-02-20 21 ~*Land Transport Authority Infoline— COE Bidding Results Car Registration Number Availability. Available on 10th or 11th of every month. All yo# Available between Saturday and Wednesday each week. All you need is need is enter your IC, Passport or Company Registration cntcr your Registration number, number and the Vehicle Category135 words
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Advertisement60 1997-02-20 23 ■v I O I K\ /V These and other corporate milestones present perfect opportunities to 111 J 111 thfi enhance your corporate image with a self-funding special feature For more on how to the occasion with a special Official openings Corporate anniversaries ISO certmcation Ground-breaking ceremonies Topping-up ceremonies Ronald Chua60 words
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Advertisement49 1997-02-20 23 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.49 words
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Advertisement431 1997-02-20 24 BUSINESS Notices T() AI) V E RTIS K CAL I. I()L[.- I R K K 1SII(I 7 4 I 1X X J A. NOTICE OF SPECIAL RESOLUTIONS JTS ENGINEERING PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the members of JTS Engineering Pte Ltd duly convened431 words
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Advertisement324 1997-02-20 24 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF SHOUQI SINGAPORE PTE LTD (Incorporated in the Republic of Singapore) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at 190 Middle Road *17-04 Fortune324 words
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Advertisement264 1997-02-20 24 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND HENRISON (SINGAPORE) PTE LTD (In Member*' Voluntary Liquidation) At an Extraordinary General Meeting of the Company duly convened and held at 87 Club Street, Singapore *****5 on the 17th day of February 1997, the following Special Resolution was duly passed.264 words
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Advertisement782 1997-02-20 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF JIT KIN<; INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section WW of the Companies Act. Cap SO. that a l-inal Meeting of the members of the782 words
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Advertisement745 1997-02-20 24 IN THE MATTER OF THE COMPANIES ACT. CAP 5* and IN THE MATTER OF PEARLS MANUFACTURERS (PRIVATE) LIMITED (In Mentors' Voluntary Winding Up) At an Extra-Ordinary General Meeting of the members of Pearls Manufacturers (Private) Limited duly convened and held at its registered office 77 High Street #06-04 High Street745 words
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Advertisement307 1997-02-20 24 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF REAL TIME PRINTERS PTE LTD NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN pursuant to Section 296 of trie Companies Act Chapter 50 that a meeting of the creditors of the abovenamed Company will be307 words
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Advertisement397 1997-02-20 24 M THE MATTER OF THE COMPAMES ACT, CAR 50 SUMMER HOUDAY TRAVELS PTELTO AJ an Extaordmary Genera) Meeting of fte Company (fcormd lo be held on 18 February 1997 Mowing resolutions were <My peseed asSPECIAL RESOLUTION Thai the Company be wound up volunlMfly.' OROMARY RESOLUTION 'That Mr Chan Kwang Cheng397 words
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Advertisement331 1997-02-20 24 INTER-HANSA BUSINESS MANAGEMENT PTE LTD (la Member* Voluntary Winding Up) LIQUIDATORS' OFFICE: IS Beach Road *03-10 Beach Centre Singapore *****7 NOTICE or FINAL MEETING NOTICE IS HEREBY GIVEN pursnaat to Sectioa 308 of the Companies Act, Chapter SO, that the Final Meeting of the Company wi* be held at IS331 words
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