The Business Times, 27 December 1997

Microfilm: NL21062
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 110/12/97 85f SINGAPORE Internet- http://www.asial.com.sg/biztimes WEEKEND EDITION, DECEMBER 27-28,1997
    14 words
  • Article
    MARKET SUMMARY
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  • Article
    FINANCE
    65 1 EXCBAMB BATES* m a UBt U7I I U71 1791 HI AM4 IMS to m i m un m tot tas un to* uii BAirr mi mk «uhah m un un rwtu fling MSALSPVI. JJI JAKARTA 1KB BAMKOK lift MANLA 11M HONGKONG lil TAVB Ml SYDNEY Ml TOKYO 111 ami.
    65 words
  • Article, Illustration
    Lock icon SIA decision on dual listing in 3 months' time
    534 1  -  Air service accords depend on STporeans keeping control, ownership By l Conrad Raj [SINGAPORE] Singapore Airlines (SIA) will decide within the first quarter of next year whether or not to merge its Foreign and Local shares. "We are actively considering whether
    Source: Bloomberg  -  534 words
  • Article, Illustration
    Lock icon Won soars as Korea is pulled back from brink
    605 1  -  Stocks also rebound as IMF, 6-7 head off credit crunch By. Louis Beckerling [SINGAPORE] South Korea was hauled from the brink of bankruptcy this week, sending relieved investors scurrying back into the share market yesterday and lifting the won to a
    AFP  -  605 words
  • Article
    PUB to make recommendation on desalination plant soon
    373 1  -  But spending plans show construction unlikely to start in 118 By] Ronnie Lim [SINGAPORE] The Public Utilities Board (PUB) yesterday said it will make its recommendation to the government soon on the establishment of a desalination plant here. But construction is unlikely
    373 words
  • Article
    Credit POSB hikes mortgage rates by half-pt from Jan 1
    449 1  -  Move wfll add $40m a year to borrowers' loan repayments By Clarissa Tan [SINGAPORE] In a move that will affect up to 40 per cent of Singaporeans with a mortgage, Credit POSB is raising its interest rates by half a
    449 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      109 1 Goofed up in the past yew? Blundered? Or generally put your foot in your mouth and hope no one remembered? Weil, we did and we're telling. El 1-3 The timing may be bad, but the drive suspension mater's IPO is definitely worth a look in, P|3 BpW The Singapore operations
      109 words
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      Page 1 Advertisements Column 2
      8 1 New Korea Inc begins taking shape, Pg 4
      8 words
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      Page 1 Advertisements Column 3
      33 1 ALFRED DUNHILL LONDON The New AD 2000 Carbon Fibre Fountain Pen AVAILABLE ONLY AT ALFRED DUNHILL SHOPS IN RAFFLES HOTEL ARCADE, THE PARAGON, NGEE ANN CITY, SOGO RAFFLES CITY AND DAIMARU LIANG COURT
      33 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      AST closing down S'pore operations
      292 2  -  Move comes in wake of worldwide layoffs, though AST earlier said S'pore jobs safe By. Jennifer Lien THE Singapore operations of US-based computer maker AST Research are closing down, following a companywide retrenchment announced early this month. Sources told BT that the Singapore office would
      292 words
    • Article, Illustration
      Lock icon 4,000 sign condolence books at Raffles Place
      343 2 SUJUJR CRASB MORE than 4,000 people turned up at Raffles Place MRT station yesterday to sign condolence books for the victims of the Silk Air crash. Due to the overwhelming response, the opening hours of the booth were extended by three hours to
      STEVEN LEE/ST  -  343 words
    • Article
      Brown & Root gets US$100m Exxon contracts
      311 2  - Brown Root gets US$100m Exxon contracts fty Ronnie Lim EXXON Chemicals is gearing up to build its US$2 billion (553.3 billion) Singapore Chemical Complex (SCC), awarding another two contracts, understood to be worth over US$lOO million, this time to US engineering company Brown Root. Warwick Bisley, SCC's managing director, said
      311 words
    • Article
      German cleanroom builder lands $229m contract
      372 2  -  It will bnild first wafer manufacturing plant here Byi Abdul Hadhi GERMAN cleanroom experts Meissner+Wursthas clinched a $229 million contract to build the Wacker group's wafer manufacturing plant in Tampines the first such facility in Singapore. The managing director of MW's fast-growing South-east Asian
      372 words
    • Article
      TAS slashes licence fees for courier companies
      283 2  -  By David Boey FEES for express letter operators will be slashed by more than 90 per cent when a new class licensing scheme takes effect on Jan 1,1998. The Telecommunication Authority of Singapore last week announced that under the new scheme, companies in
      283 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1688 2 cm man tn maw no mm orai mo mi 2om —imow too som mo wot tat mm w(74» tj» sow nao AmMTOM KIM3 0550 S0346 2330 WITS "*> **740 M0 0125 0700 HOW 2335 MM M093 mo MM 0735 HHS 0700 7M07 640 TOM IMS KlUT
      1,688 words
  • Page 2 Advertisements
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      315 2 wKritC CROSSWORD 28 Keep back enfilteen porters (7) nMn ruled (7) YESTERDAY'S SOLUTION 14 "FULLY OCCUPIED" written 1 Old boy s restorative there's in large letters (9) a cryptic clue! (7) 16 Bully and harass, or go after Brefolfl 2 Lay it on thick so it's more work (9) rLMoIiFMMM
      315 words
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        594 3 DBS Bank ♦(Buy on Weakness Foreign; Buy Local) FraserAMMB Research, Dec 23, $14.50 (Foreign). $9.80 (Local) A reassessment of the earnings of the DBS group will have to depend on the financing of the acquisition of a 47 per cent stake in Thai Danu Bank. However, the
        594 words
      • Article, Illustration
        In My Opinion
        424 3  -  Hugh Young Managing Director, Aberdeen Asset Management Asia HRISTMAS has I passed, presents have been exchanged and we are now all looking forward to the new year. Will it be a fresh start or will it be another "annus horribilis" The crystal ball, unfortunately, paints a dark
        424 words
    • Article, Illustration
      Lock icon Magnecomp gains from regional woes
      713 3  -  But investors should not expect to make a fast buck from its IPO given the adverse timing By. Annette Pau [SINGAPORE] WHILE US drive suspension maker Magnecomp International, the latest initial public offer, is worth a second look by investors, the timing of its issue
      FILE PHOTO  -  713 words
    • Article
      Longer wait for CPF minimum sum
      996 3  -  Members to get monthly income on reaching age 62 instead of 60 now By I Soh Tiang Keng [SINGAPORE] When the compulsory retirement age is raised to 62 in 1999. most Singaporeans who opt to retire at 60 are in for a not-so-pleasant surprise
      996 words
    • Article
      ACU DEPOSIT RATES Offered by various banks (as at Dec 21, 1997)
      770 3 Deposit —I 1-nrth 3-mth 6-mth Deposit unowit 1-nrt* 3-atti i-artk Bank of China m$ 25.000 249,999 2 0600 5 MOO 6 3800 A$ 250.000 500.000 2 0600 5 M00 6 5000 10,000 49.999 4.3125 4.3125 4 3125 R
      770 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      26 3 FREE! If you have found something, you can advertise for free in Classification 821(Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. CATS. Another Classified Service
      26 words
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  • MARKETS IN TURMOIL
    • Article
      Nikkei plunges on talk of trading firm in trouble
      371 4  -  Tomen Corp rejects rumours it may file for court protection Frttm Anthony Rowley in Tokyo RUMOURS that a leading Japanese trading company is in trouble provoked a fresh fall in Tokyo stock prices yesterday and underlined the urgent need for the
      371 words
    • Article
      Lock icon Malaysian agency cuts AMMB's long-term rating
      235 4 Reuters [KUALA LUMPUR] Malaysia Rating Corporation Bhd (Marc) said yesterday it lowered the long-term rating of Arab-Malaysian Merchant Bank (AMMB) to A plus from AA-minus. Marc said it affirmed the bank's short-term rating at Marc-1. Marc said US-based Thomson Bank Watch Inc had lowered
      Reuters  -  235 words
    • Article, Illustration
      Lock icon Bank Indonesia offloads dollars to prop up battered rupiah
      591 4 Indon unit firms in thin trade though underlying tone still weak, say dealers AFP, Bloomberg [JAKARTA) Indonesia's central bank intervened yesterday to prop up the ailing rupiah amid an uneasy post-Christmas calm. Dealers said Bank Indonesia stepped in to sell US
      AFP,; Bloomberg; Source: Bloomberg  -  591 words
    • Article
      Lock icon Jakarta sets up stock market custodian
      238 4 AFP [JAKARTA) Indonesian Finance Minister Mar ie Muhammad yesterday announced the formation of a stock market custodian and settlement company to support the stock exchange. Mr Muhammad said at the Jakarta Stock Exchange that PT Kustodian Sentral Efek Indonesia was set up on Tuesday
      AFP  -  238 words
    • Article, Illustration
      Lock icon New Korea Inc begins taking shape
      570 4 Govt commits to open up markets in exchange for fresh aid Reuters [SEOUL] A fundamental reshaping of Korea Inc was in motion yesterday following new commitments by the government to open up markets in exchange for fresh aid to stave off a debt catastrophe.
      Reuters; REUTERS  -  570 words
    • Article, Illustration
      Lock icon Hanbo head's jail sentence upheld
      300 4 AFP ISEOULI The Supreme Court yesterday found the head of South Korea's bankrupt Hanbo Group. Chung Tae Soo. guilty of embezzlement and bribery, and upheld a lower court ruling that he be jailed for 15 years. The court's final ruling closed a chapter in the
      AFP  -  300 words
    • Article
      Lock icon Dishonesty caused Thai bank's collapse: report
      274 4 It blames top executives, central bank officials AFP [BANGKOK) A probe into the collapse of a prominent Thai bank has found that dishonest practices by top executives and central bank officials were the root cause for its failure, a report said on Thursday. The
      AFP  -  274 words
    • Article
      Lock icon GE Capital offers to buy Thai firms' leasing assets
      409 4 AFP [BANGKOK) The world's largest finance and leasing company has offered to buy the leasing credit of 56 failed Thai finance firms shut down this month, a Thursday report said. GE Capital, a subsidiary of the US industrial giant General Electric
      AFP  -  409 words
    • Article
      Lock icon Japan pressuring banks to roll over South Korean loans
      541 4 Move seen as key to stability of Korea's financial system Bloomberg, AFP [TOKYO] Bank of Japan governor Yasuo Matsushita suggested Japanese banks extend the length of their loans to South Korean banks in a meeting with South Korea's central bank governor.
      Bloomberg,; AFP  -  541 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      39 4 !~WATERBED SALE!! I j j Open Daily 1:00pm 7:oopm Easy Payment can be Arranged CLICK TECHNOLOGY PTE LTDI I Blk 144 Viking Road, I #01-67, S'pore *****4 I (Beside Redhill MRT Station) I ■Tel: 471 6437 Fax: 471 6435.
      39 words
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      Page 4 Advertisements Column 2
      24 4 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. Another nft T Classified CAT V I Service
      24 words
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  • REGION/WORLD
    • Article
      Lock icon M'sian M3 money supply growth hits 2-year low as rates rise
      575 5 KUALALUMPUR Loan growth also stalling base rates seen rising higher still in January Bloomberg MALAYSIA'S M 3 money supply last month grew at its slowest in more than two years, as higher interest rates drew funds into more attractive
      Bloomberg  -  575 words
    • Article
      Lock icon Japanese industrial output down 4.1% in Nov
      306 5 TOKYO Bloomberg JAPAN'S industrial output fell in November as inventories soared on the back of continued weak consumer spending, signalling that manufacturers will cut output next year, government figures showed. Industrial production, a key measure of manufacturing, fell a worse-than-expected 4.1 per cent
      Bloomberg  -  306 words
    • Article
      Lock icon China acts to attract more funds
      433 5 BEIJING It's offering new incentives, may open closed industries Bloomberg CHINA will offer new incentives as soon as Jan 1 to attract investment in high technology and may open investment in industries now closed to foreigners, such as transportation, officials said. While China's foreign
      Bloomberg  -  433 words
    • Article, Illustration
      Lock icon Jiang tells police to step up security as reforms advance
      359 5 BEIJING Reuters CHINA'S President Jiang Zemin, warily eyeing potential labour unrest next year as economic reforms translate into lay-offs, has ordered police to step up efforts to safeguard social stability, state media reported yesterday. In an address to a national
      Reuters  -  359 words
    • Article
      Lock icon Explosion at Shell plant in Bintulu injures 12
      258 5 KUALA LUMPUR AFP AN explosion and fire at a Shell oil plant in the Malaysian town of Bintulu sent 12 people, including members of the public, to hospital, a company official said yesterday. "Ten people have been discharged but two Shell staff
      AFP  -  258 words
    • Article, Illustration
      Lock icon Acclaimed Japanese film actor Mifune dies at 77
      312 5 NEW YORK NYT TOSHIRO Mifune, the most internationally celebrated of Japanese film actors, whose work, particularly for director Akira Kurosawa, galvanised generations of performers in America and around the world, died on Wednesday at a hospital in Mitaka, near his home in
      NYT; REUTERS  -  312 words
    • Article
      Lock icon Taipei parliament passes two-into-one tax reform
      281 5 m TAIPEI Reform parlragpi designed to boost investments, economy Reuters TAIWAN'S parliament gave final approval yesterday to a streamlining "two-into-one" tax reform package designed to boost its investments and economy, state radio said. The reforms take effect from January 1998. The liberalisation, championed by
      Reuters  -  281 words
    • Article, Illustration
      Eurofighter brings X'mas cheer
      825 5  -  HUROFBAX VIHW The USs6ob project will create at least 80,000 Jobs By Kevin Sullivan PEACE! Goodwill! Fighter jets! It is the season to be jolly, at least if you are among the tens of thousands of Europeans who work in the defence-avionics industry. On Monday, British,
      825 words
  • Page 5 Miscellaneous
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  • COMPANIES & MARKETS
    • Article
      Lock icon Sanwa Bank to raise stake in Siam Commercial Bank
      305 6 Reuters, AFP [TOKYO] Japan's Sanwa Bank yesterday said it will boost its stake in Thailand's Siam Commercial Bank to about 13 per cent. Sanwa, which currently owns only 0.6 per cent of Thailand's fourth-largest bank, will become the second-largest shareholder in
      Reuters,; AFP  -  305 words
    • Article, Illustration
      Lock icon Asian banks, property developers seen facing crunch in 1998
      1016 6 If banking crisis isn't dealt with quickly, ontlook for region is grim: analyst Bloomberg [KUALA LUMPUR] Lui Rang counts himself among Southeast Asia's luckiest real estate developers. Until early November, Mr Lui was poised to risk 150 million Malaysian ringgit (5564.7
      Bloomberg; FILE PHOTO  -  1,016 words
    • Article
      Indon tycoons offload UPP, slicing stake to 26.99%
      250 6  -  By] Diana Oon [SINGAPORE] Indonesian timber tycoon Prajogo Pangestu and President Suharto's son Bambang Trihatmodjo have continued to reduce their holdings in listed United Pulp Paper (UPP). Stock exchange statements issued by UPP two days ago show that a total of 340,000
      250 words
    • Article
      Lock icon Thai Farmers' Bank to close Hanoi, Yangon offices
      313 6 Other Thai banks cutting staff in foreign offices: report AFP [BANGKOK] Thailand's sec-ond-largest commercial bank is to shut representative offices in Vietnam and My anmar next week to cut costs as the institution is battered by the regional economic slump, reports said
      AFP  -  313 words
    • Article
      Lock icon SP Setia posts 60% increase in pre-tax profit to RM87.9m
      461 6 Analysts see moderate growth for F79BandFT99 Bernama [KUALA LUMPUR] The Malaysian property sector may see a slowdown in the immediate future but SP Setia Bhd is expected to secure satisfactory results in the current financial year. SP Setia recorded a
      Bernama  -  461 words
    • Article
      Lock icon Sahaviriya Steel to raise capital by 1b baht
      217 6 AFX-Asia [BANGKOK] Sahaviriya Steel Industries will raise capital by one billion baht (Ss3s million) from 5.1 billion baht in the middle of next year to compensate for foreign exchange losses, Sahaviriya Steel Group chief executive officer Wit Viriyaprapaikit said. He said the
      AFX-Asia  -  217 words
    • Article
      Hwa Hong to move 2 units
      125 6 [SINGAPORE] Mainboardlisted Hwa Hong Corp has proposed to transfer its stakes in two subsidiaries to another subsidiary, Singapore Warehouse Company, under an internal restructuring exercise. The company said yesterday that it would trade its 100 per cent stakes in Hwa Hong Edible Oil Industries
      125 words
    • COMPANY Briefs
      • Article
        Lock icon Insas unit buys 5.87% stake in CSA
        84 6 AFXAsia [KUALA LUMPUR] Insas Bhd said Its unit Montego Assets Ltd has acquired 7.52 million CSA Holdings Ltd shares —a 5.87 per cent stake—for $9.98 million. The company said the purchases were made in the open market from April 21 to Nov 20
        AFXAsia  -  84 words
      • Article
        Director at Singatronics unit resigns
        28 6 [SINGAPORE] Singatronics yesterday said that Lee Chow has resigned as general manager and director of Glopeak Land, a wholly-owned subsidiary of the company.
        28 words
      • Article
        Superior Metal Printing quits venture
        90 6 [SINGAPORE] Superior Metal Printing has sold its TO per cent stake in Inoue-Nissei Engineering to its partner, W. Inoue Manufacturing. Based on Superior Metal Printing's results as at Dec 31 last year, the sale of Inoue-Nlaeei Engineering wouM raise the listed company's earnings per share
        90 words
    • COMPANIES
      • Article
        Lock icon NEC ups stake in Packard Bell, investing US$300m
        612 7 Tep Japanese PC maker new holds 49% el US firm that's headed towards IPO NYT [NEW YORK] Japan's top computer maker, NEC Corp, moved on Thursday to increase its stake in the No 2 seller of personal computers in the US, Packard
        NYT  -  612 words
      • Article
        Lock icon MCI to take up to US$750m in Q4 charges
        450 7 Amoant is for job cuts, staff bonuses, computer upgrade Bloomberg [WASHINGTON] MCI Communications Corp will take charges of as much as US$75O million (Ssl.3 billion) in the fourth quarter to pay for job cuts, employee bonuses and the upgrading of computer
        Bloomberg  -  450 words
      • Article, Illustration
        Lock icon Asian woes could slow listings: NYSE chief
        249 7 Reuters [NEW YORK] The financial turmoil in Asia could slow down new listings of companies from that region, but only temporarily, according to NYSE chairman Richard Grasso. "This may cause some companies to defer listing in the Asia Pacific markets, but in the
        Reuters; FILE PHOTO  -  249 words
      • Article
        Lock icon Japan's Softbank to list on TSE on Jan 16
        264 7 Reuters (TOKYO] Aggressive Japanese computer software distributor and magazine publisher Softbank Corp will list its shares on the Tokyo Stock Exchange (TSE) on Jan 16, the exchange said yesterday. Softbank, reeling from a sharp fall in its share price on the
        Reuters  -  264 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        625 7 mm Vwy Nfto Arrival PM*t*n JgM MMi ***** JOO Hooq«>» 3U2/600 tm Ston 2 JOS Honguk ZT.Q/WOO Mm 8rt* 22 JB «MpMt 2912/0*00 NM> Dtmh 34 J22 27.12/1800 M Mm *****P JO atongudt 1112/0730 Mi m» J14 llil 27.12/2300 Imtm MMt 9707 J04 toil* KMN IMa 313/97 JT7
        625 words
      • Article
        CONTAINER SCHEDULES
        1670 7 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO Boofclng/Mtnco Rstts Ship V»y m Etb/Btr Nrtod Frow To Fr— ta QM ojm 20/0200 m 24/boo w*n ww 26,">SOC ;t.noe U 2(,"0C .'"0651 27/0900 a 24/1700 27/0*59 ?"M0C 1 27/0700 27/W IT/MOO 4 n/BOO n/M99 IT/DM taMr S wiS S
        1,670 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon China plans to replace loan quotas from Jan 1
        453 8 Central bank to issue guide for state-ran commercial banks to decide on volume Reuters [BEIJING] In a major financial reform spurred by the Asian financial crisis, China announced on Thursday plans to scrap quotas on lending by state-run commercial banks from
        Reuters  -  453 words
      • Article
        Lock icon Merrill plans Japan retail brokerage
        248 8 Reuters [TOKYO] Merrill Lynch said on Thursday that it is considering a retail brokerage unit in Japan a lucrative market with an estimated 1,200 trillion yen (5115.4 trillion) in individual assets. "Over a long period of time, we have considered many alternatives for entering into
        Reuters  -  248 words
      • Article
        Lock icon Copper king's compensation offer
        270 8 Reuters [TOKYO] The disgraced former king of global copper markets, Yasuo Hamanaka, said on Thursday he hoped to pay back to his former employer Sumitomo Corp some of the losses he caused through unauthorised trading. Hamanaka, known as copper's "Mr Five Per Cent" because he once
        Reuters  -  270 words
      • Article, Illustration
        Lock icon Subdued trading ahead of year-end
        340 8 USB/nuurk: The greenback traded lower this week, touching a low of 1.7714 on Wednesday. The US$/mark is expected to trade within a contained range from 1.7580 to 1.7955 ahead of the year-end. Intermediate resistance may be found at 1.7850. The short-term outlook will remain mixed
        Source: DBS Bank  -  340 words
      • Article
        Lock icon US brokers to pay US$910m in price fixing suit
        271 8 Reuters [NEW YORK] Thirty brokerages, including some of Wall Street's biggest and most prestigious names, agreed to pay US$9lO million (Ssl.s billion) to settle a class-action lawsuit alleging they colluded to fix prices on Nasdaq, a plaintiffs' attorney said on Wednesday.
        Reuters  -  271 words
      • Article
        Lock icon Euroyen, JGB idle in year-end trade
        209 8 HI—KI Report Reuters [SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures were confined to tight ranges on thin trade yesterday as year-end lethargy dampened interest. Dealers said the credit market failed to make much headway despite a sell-off in Tokyo stocks, which fell
        Reuters  -  209 words
      • Article
        Futures rise on IMF moves to support won
        152 8  -  MSCI TAIWAN FUTURES By Perry Gilbert By Perry Gilbert, vice-presi-dent, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract responded to positive moves by the IMF to shore up the Korean currency. The December contract rose 3.6 points
        152 words
      • Article
        Lock icon Asian jet fuel prices fall heavily
        258 8 ENERGY REPORT Reuters [SINGAPORE] Asian jet fliel prices fell heavily yesterday while gas oil sellers withdrew to a high level amid the shutdown of a middle distillate plant in Malaysia. Traders said the kerosene market was long due for a sell-off as there has
        Reuters  -  258 words
      • Article
        Lock icon CURRENCY REPORT
        270 8 Reuters Y THE US dollar rose in thin conditions at the open here yesterday in response to the sharp sell-off in Tokyo stocks and lingering concern that difficult times lay ahead for Japanese corporations, dealers said. The US unit was also higher against the mark but was expected
        Reuters  -  270 words
      • Article, Illustration
        Untitled
        1410 8 HfTBRBAiyg CB088 RATES i*c26 6$ c$ —o ecu r» KtNhfcun r* mmh H* 10 im ur m mnmt Z373• 0 Ml i-171 0.589 3.893 1163 5.007 25.728 S3 744 0.855 *Mt 239T" tWtMBTJMW IW 1W 0.940 ***** Sll* OJW 030? CM* 1362 5.790 0.425 4.136 1236 5.404 ********** 0.909 *****
        1,410 words
    • Article
      COMMODITY PRICES
      1572 9 SICOM FUTURES Dec 26 S5!S»r5cmwSi U0^> ON* mm _0*m mtfc m Urn Srtt Mmu* Jmn 120.50 120.50 00.00 50 F* n quo 700 irtt run 995 Apr/jw n 127.2s w» mH*9 98 ***** 2149 Oct/Dac M 135.00 4500 -1U V,.i£ fX' BS 3 CONTRACT (US ctnttAflJ V<*»# OpM
      1,572 words
    • Article
      WORLD STOCK MARKETS
      2210 9 k--hfritriili Bsc 14 Nat* *h 31 Group 491 -8.400 AB Port» 300 -.400 AMoy National 1070 1 A Mad Oomocq 510 -1 Amoc 119 *1 Asda Group 178 3.200 SAT Ind 537 -2.400 BGPIc 278.400 -.800 BICC 181 -3 BOC Group MS »1 BR Potrotaum 797.400 -.800
      2,210 words
    • Article
      Lock icon TOKYO
      1679 9 Reuters n Nikkei 225 -4WJO STOCKS sank deeply yesterday, wiping out gains built over the past two days, as the market was haunted by fears that Japanese banks' tight lending may trigger more corporate failures. Brokers said the market was likely to stay nervous amid concerns over the financial
      Reuters  -  1,679 words
    • Article, Illustration
      Lock icon BANGKOK
      833 10 AFP Q SET lata -2J6 SHARE prices closed lower yesterday in thin post-Christ-mas trade, dragged down by selling in the finance and banking sector. Analysts said the market was dragged down by selling in the finance and banking sector, where doubts persist about the extent of bad debts and
      AFP  -  833 words
    • Article
      Lock icon SEOUL
      414 10 AFP PI Composite Index *23.70 SOUTH KOREA'S battered stocks and currency rebounded in active trade yesterday as investors toasted a US$lO billion (5516.7 billion) Christmas gift from the IMF and industrialised nations. Stock prices surged 6.7 per cent and the won rocketed almost 24 per cent against the greenback
      AFP  -  414 words
    • Article, Illustration
      Lock icon CHINA
      601 10 AFP, Reuters Shenzhen B Index closed SHANGHAI'S B shares, nominally reserved for foreign investors, closed 0.1 per cent lower in light trading yesterday with most investors away for year-end holidays, analysts said. "Trading was lacklustre as the bulk of fund managers and foreign investors stayed away for the Christmas
      AFP,; Reuters; IWf MV SMRK (MR lyOMll iKfiH (Mllll  -  601 words
    • Article
      Lock icon TAIPEI
      376 10 AFP QWP Index *87.45 SHARES rose yesterday, led by textiles and plastics, on year-end window dressing by local Arms, dealers said. "Listed companies were eager to boost share prices for their year-end financial statement," said a trader. The TSE Weighted Price Index rose 57.45 points to close at 8,132.50.
      AFP  -  376 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8792 11 iW— CwMHf prWwti 1997 mi Vol Day N«l Cap Mmi L— Ciwpiky W •OOP Hm» Law HI twM 790 205 Ajlnomoto 210 unch 4 218 206 n.6 85.1 446 90 Anqkasa 90 unch 131 92 90 2.1 132.7 905 170 Apollo Food Hlq 170 -25 17 185 170 4.9 68.0
        8,792 words
      • Article, Illustration
        Lock icon Shares rise on late institutional buying
        481 11 AFX-Asia F1 Composite Index *M SHARE prices closed sharply higher yesterday on late buying interest by institutional investors, dealers said. The KLSE Composite Index rose 10.61 points to 560.96 on turnover of 110.4 million shares worth 192.3 million Malaysian ringgit. The Emas Index rose
        AFX-Asia  -  481 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3820 12 BONOS, LOANS WARRANTS art 1997 LM« V* Day Llll Ouott Avg High Lav Stno Company Sal* ♦or- I OOO) High L*« Buytf StlUr Prk« 68 10 m 3000 m AM08c5 5******6 12 *2 5 12 12 10.5 11.5 81 12 3160 -Acer ******1USS 12 unch 10 12 12 12 12.5
        3,820 words
      • Article
        Palmco wrt holders need patience
        205 12  -  WARRANT WATCH -By R Sivanithy JUST a few months ago, Malaysian palm oil counters rocketed up on expectations that they would benefit the most from the chaos caused by the El Nino weather anomaly as well as the forest fires in Indonesia. Further, since these
        205 words
    • Article
      CLOB INTERNATIONAL
      2458 12 MALAYSIAN STOCKS 6c 6c 1997 Last Vol Day Last Ouote Wv Mv YW IM M Cap High Low Stno Company SaM COOO) High Low Buyer Seller H C'vr P/t $mn ~47l 39 mi 5000 AISBSOc 43.5 cd 71 179 44* 42 Jli 44 i!o 3.3 2.5 177 446
      2,458 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
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        434 words
      • Article
        MAIN BOARD
        4313 13 Or Or M Wt M7 LMt V«l Day LmtQm* ON Oh YIB Nat Cap Aa* mi l«t StMa i ith i n l Sat* rOOO) MH> Cbbt Snyaf SaOar Car E/l >MI Pttf 157 23 1020 ACC OvnaaBciAOc- 2* 4 26 26 215 27 213 2* S»44 ASCNTH0200
        4,313 words
      • Article
        SESDAQ
        929 13 •r Or M Ml f*rr not vm tav LHtOMt* m* do* ym mm c*o *»o wm> t— —o cmmm m r—» w» u» cw w www —i hi mi inii'iiiii 11 1111' iii i" i liiiHiw i win wim—f 1111 lyi'iinii 11 i«ni MM* 2000 AMMMpfc DO *1 IT
        929 words
      • Article
        Lock icon Untitled
        201 14 Page 14 Unfit Vel—o *MSf Capital 5.220,000 lfCC«rpi5c 2,631,000 *MUNCMC HI 2,582,000 *M Resources 2.291,000 **H8 C* W99 1,895,000 ST Em 10c 1.697,000 •MM HMgs 50c 1,682,000 SingTel 15c 1,675,000 IMCapM 1,414.000 froinet 1,326,000 Steels S SW 13.303,728 SJA Foreign 12,234,166 DBS Foreign 11.039,639 Sm Foreign 10,549,898 SingTel 6c 5,128,075
        Page 14  -  201 words
      • Article, Illustration
        Lock icon Few big players and a generally mixed session
        668 14  -  STOCK MARKET COMMENTARY Any hopes of a rally on won's recovery dashed by falls in Japanese stocks reminding investors that region's problems are not yet over By R Sivanithy [SINGAPORE] There was little to distinguish trading in the local stock market yesterday,
        Chart info from Bridge  -  668 words
      • Article, Illustration
        HOT STOCK
        56 14  -  by I Shiv Taneja KOH BROS closed 2.5 cents tower at 17 cent* on a volume of 783.000 shorn wtankit amnared with its lOday traded average of 47.900 units. The stock is trotting at a two-and-a-half year tow, and the outlook for the counter contllum be negative based
        56 words
      • ON THE GRAPEVINE
        • Article
          More distribution
          111 14 IN A major breakthrough for the distribution of financial products like unit trusts, Poaßank is taking the lead among the local banks to sell unit trusts on behalf of third-party fond manager* via it* ATM network. Details of this new service are expected to be announced at a
          111 words
        • Article
          Going local
          195 14 HUGH YOUNG and his band offend managers at Scottish outfit Aberdeen Anal Management Asia are a pretty cheerier lot theaa days—and W s not Just the exceaeive partying at this time of the year that is keeping them in good spirits. For some time now, Mr Young has
          195 words
        • Article
          Three's party at the Conrad
          91 14 SOME may feel that three's a bit of a crowd, but the folks at the Conrad International reckon it could be quite a party. Between Dec It and Jan 4, for $186, you and your partner can get a room at the Ooorad with -k
          91 words
        • Article
          More gloom and doom
          118 14 LOOKING for s slightly lees stresatal MM? f Forget it, says cyber-astroiger Richard Nolle, who is expecting a wktaapread (if not global) recession lasting more than one year. Also, you can expect (me or two stiff, and i*rt quickly forgotten, corrections in mafor equity markets around
          118 words
        • Article
          A competitive advantags
          111 14 TALK about ha vine competitive advantage. According to an AFP report yesterday, Philippine politician Joeede Venecia says his big ears wifl stand him in good stead when he runs for the presidency next year. "If you have big ears, yon can better hear the complaints of the
          111 words
    • ISEAS Trends
      • Article, Illustration
        Lock icon Asean and China as destinations for foreign direct investment
        1478 15  -  The Chinese challenge to Asean in the area of foreign direct investments will intensify, not weaken, says Snsnmn Awanohara Susumu Awanohara Susumu Awanohara, a farmer journalist, is research adviser and editor of Capital Trends (www.gwjapan.com/nrca)at the Washington office of Nikko Research
        AFP  -  1,478 words
      • Article
        The IMF cometh to the region
        1155 15 Manoel P Mantes looks at some of the implications of the IMF rescue packages for three Asian countries THE International Monetary Fund (IMF), long the bane of im-port-dependent economies with profligate governments in Latin America and Africa, has come to Asia to help rescue
        1,155 words
      • Article, Illustration
        Lock icon Jiang-Clinton summit: a new start in confidence-building
        1030 16  -  Wanfjut analyses the summit from a Chinese perspective Wang Jisi Wang Jisi is director and senior researcher of the Institute ofAmerican Studies at the Chinese Academy of Social Sciences in Beijing. PROBABLY most diplomatic specialists in Beijing and Washington, for different reasons, judged
        AFP  -  1,030 words
      • Article
        Milestone in ties between China and America
        1093 16  -  Hopefolly, the US-China Summit marked the end of the post-Tiananmen phase of relations between the two countries By\ Dipankar Banerjee Maj Gen Dipankar Barterjee (Retd) is presently a Visiting Fellow at the Stimson Center, Washington, and is the Co-Director, Institute of Peace and
        1,093 words
      • Article
        Sino-US relations consistent in 1990s
        821 16  -  Tlierewfllbea consistency in China's policies through this MMnwiitwmnt tn economic reform, on Taiwan, and on its posture in East Asia and the US By\ Denny Roy Dr Denny Roy is a Research Fellow at the Strategic and Defence Studies Centre, The Australian National University, Canberra.
        821 words
      • Article, Illustration
        Lock icon The new defence guidelines: what change for Japan?
        1257 17  -  The new guidelines represent a step towards greater and more direct Japanese involvement in regional security, reports Unak Buoynaki Leszek Buszynski Dr Leszek Buszynksi is Director, International University of Japan Research Institute. NEW defence guidelines under the umbrella of the USJapan alliance
        REUTER  -  1,257 words
      • Article
        A nuclear-weapon-free zone for Central Asia
        834 17  -  AnNwrzinthe strategically important Central Asian region will be a confidence-building measure, adding a new normative barrier to the acquisition or use of nuclear weapons By] Ramesh Thakur Professor Ramesh Thakur is Head, Peace Research Centre, Australian National University. ON Sept 15 this year, foreign
        834 words
      • Article, Illustration
        Lock icon The Kyoto protocol: climate change antidote or just hot air?
        1722 18  -  Amyn b Sajoo discusses what was achieved at Kyoto and draws attention to Asia's high stakes in the environment issue Amyn B Sajoo m Dr Amyn B Sajoo isajornur > Canada-Asean Fellow at ISEAS. He is presently an independent consultant
        REUTER  -  1,722 words
      • Article
        Apec and sustainable development: will the commitment last?
        1043 18  -  Apec, associated mainly with trade and economic liberalisation and development cooperation, is also interested in sustainable development By: Xavier Furtado Xavier Furtado is a research analyst with the Asia Pacific Foundation of Canada. The views expressed in this piece are his alone
        1,043 words
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      114 10 lUi't p Inw? Imlit ta bti u 7Hem'. Citi 1 Mwt It Im4«| Clmifiri *IiI» »m!iii<. J Vbso&3tamsm |J^| ♦The Philippines, Jakarta, Hongkong, Australian and New Zealand stock markets were closed yesterday. fcall' I'm so happy^^S. in C y f great justUke f found my pet through vT the^pi^p^y J
      114 words
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      Page 10 Advertisements Column 2
      26 10 Making I smart education j choices begins f with The Straits Times i Classified. I C ass fc it ns 733 794 Educ it Train ig
      26 words
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      Page 10 Advertisements Column 3
      43 10 Can't Keep your house In order? If you are having problems with clogged pipes, over-grown gardens, pest infestations, poor TV reception, worn-out fittings and furnishings Get a quick fix. Seek help from the Classified, Home Needs Classifications 90 to 120. fffr CAT.&I i
      43 words
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  • Page 14 Advertisements
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      271 14 BUSINESS Notices M THE MATTER OP THE COMPAMB ACT, CHAPTER SO AND M THE MATTER OP APPUED INTELLIGENCE PTE LTD |N LiCMDATIONI Extract of the Minutes of an Extraonflnary General Masting of the Company held on the 22nd day of Daoamber, 1997 nranumnw That the Compeny be wound i4>voluntartypureuonttoSectlon 290(1Xb)
      271 words
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      Page 14 Advertisements Column 2
      256 14 In the Matter of The Companies Act, Cap.so and In tie Matter of mm HUP YOKE WEE ENQMEENNQ PTE LTD (In Members' Voluntary Liquidation) At an Esfraordtoary General Meeting of tie abovenamed Company duly too¥oned and new u z nivwocK now, av#• 07 ApoMo Centre, Singapore *****3 on Friday, the
      256 words
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      Page 14 Advertisements Column 3
      702 14 BANKING HOURS on WodnoodoK 31 December 1997 NOTICE IS HEREBY GIVEN that due to the year-end closing of books, member banks operating on Wednesday will open for business up to 11.30 am only. By Order of the Counci Ong-Ang Al Boon, Mrs JHJW Director M 00 THE ASSOCIATION OF BANKS
      702 words
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      Page 14 Advertisements Column 4
      314 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF BALMORAL PLAZA PTE LTD (In VoUinfmry Liquidation) NOTICE OF SPECIAL AND OROINARY RESOLUTIONS (Pumvant to Section 2RO<2)<b)] Al an Extraordinary General Madllny of Rm Company held al 30 Prtnaap Street *11-00 LKNPrineep Houaa, Singapore *****7 on
      314 words
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      Page 14 Advertisements Column 5
      513 14 IN THX MATTER Of THE COMPANIES ACT, CAP. M AND IN THE MATTEB Of TECH MAB MABINE SEBVICES PTE LTD NOTKX OF SPECIAL KE9OLVTIONS FOB MEMBEB-S VOLUNTABY WINDING-UP (PUBSUANT TO SECTION 2N) At an Extraordinary OcnermJ Meeting of die members of die abovenamed emmmm duly convened aid bdd on 19
      513 words
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      Page 14 Advertisements Column 6
      23 14 A Locate its owner through Classification 821 (Found). Simply call CJLT.S. at 1800-737-1166 for this free service. Pi CAT A Another Classified Service
      23 words
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      Page 14 Advertisements Column 7
      754 14 To advertise call toll-free 1800-741 1883 MTHE MATTER OF THE COMPAMES ACT. CAP. M AND MTHE MATTER OF MARM3U^TE^Uro^ NOTICE OF RESOLUTIONS At an Extraordinary Qanarai Meeting of Via members of the sbovenemed Compeny duly convened and held al 933 MacArtmrßMl.Mahwan.NJo743o, Untod States of Amartoa on tie 2T* day of
      754 words
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      Page 14 Advertisements Column 8
      319 14 THE COMPAMES ACT 1 CHAPTER 19 SECTION m(iMb) wnctwoutiw Moncmin VOLUNTARY UQMDATKM) Al in Extrtofdniiy Qcnml Meeting dDatotogixAoaPadßc Pte Ltd hM at Timmk Boulevard #16-02 A Suntec Tow Two Sngspore *****9 on tw 18Vi day of November iW/, uif TOfKJWtny specia reodubons «m duly paaeod:RESOLVED: 1. Thai tw compeny be
      319 words
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      283 15 1998 Regional outlook forum THE Institute of Southeast Asian Studies (ISEAS) will be launching its annual one-day forum on the political, economic and business outlook for the region. The first forum on Jan 16,1996, will be timely, as the currency, stock market and economic turmoil of recent months spills over
      283 words
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      41 17 NEW BOOKS FROM I SEAS fi ESSES v. i) \ll I iin i 111' \si.iu I ".Vl ISEAS the ■NMpMMMIpfIMppNM INSTITUTE OF SOUTHEAST ASIAN STUDIFS Heng Mui Keng Terr.KH P.isn P r\.i> S'..mi Tel: *****47 *****83 Kax 77 r f ~i,
      41 words
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      143 18 Pint first i4per First Ladies in Vancouver mm mm mmm mm 1 Wfll M a pi b ■WMASTER OF ARTS IN ASIA PACIFIC STUDIES 3 *An internationally-recognised qualification awarded by one of the UK's premier institu- tions, the MA provides comprehensive coverage of contemporary business poli- tics in China, Japan,
      143 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Big bad birds of 1997
      1328 19 If s time to talk turkey again as we look back at the events of the past 12 months and pluck out all those responsible for fouling up the year CHRISTMAS dinner is over and you couldn't face another bite of turkey even if the
      FILE PHOTOS  -  1,328 words
    • STRAWS In The Wind
      • Article
        Unexpected ire
        63 19 ONE disgruntled gentleman called in to a radio show and said he wasn't going to be gallant anymore. He had given up his seat on the MRT to a woman who looked rather pregnant. The woman glared at him as she took the seat and told him sternly:
        63 words
      • Article
        Greeting cuts
        43 19 COST-CUTTING has really hit home. A local hotel decided to cut expenses by squeezing all the greetings It could Into the same card. Besides "Merry Christmas", the card also offers "Season's Greetings", "Gong XI Fa Cai" and "Selamat Hari Raya Adilfitri".
        43 words
      • Article
        A word of thanks
        64 19 THE CHINESE, now nicely settled into Hongkong, obviously thought it was time to spread some festive goodwill. The media there were surprised recently by a faxed greeting from the People's Liberation Army expressing "heartfelt gratitude for all the support and understanding that the media have given
        64 words
      • Article
        Young but wired
        44 19 A TODDLER and her mother were engaged in a spelling bee during an MRT ride. The child mentioned words like "river", "market" and "apple" which her mum spelt out for her. "Internet," the kid ofTered next. Talk about the wired generation.
        44 words
    • TURKEY AWARDS 1997
      • Article, Illustration
        Property grouses and political gaffes
        1682 20 OVERSTATEMENT OF THE TEAR A turkey with frills to property developers who make every condominium they sell sound like the most prestigious, scenic, spacious, elegant home ever. Never mind if it's next to an expressway, miles from the nearest MKT stop, and out in the
        1,682 words
      • Article, Illustration
        Lock icon The Not-Quite-Turkey Awards
        429 20 THEY'RE not quite in the Mother Teresa league, and while they have done some good, they haven't always been nice about it. Here, then, are our award winners who stand out for their good intentions, even if these were not always successfully executed: RESCUER OF THE TEAR
        LUDWIG ILLIO/ ST  -  429 words
      • Article, Illustration
        Biting off more than they could chew
        892 21 TURKET-SAURUB REX A very old bird goes to Bill Gates, whose huge ambitions to corner the world market in software have extended to using Barney, the purple dinosaur, which Microsoft bought over earlier this year. Now, the cuddly Tyrannosaurus Rex has become yet
        892 words
      • Article, Illustration
        The honours list
        431 21 LEST you think we are purveyors of only bad news, let it be known that we also recognise those whose efforts have made life just a little bit easier for the rest of us. To those who have displayed the courage of their convictions, we take our
        431 words
    • Article, Illustration
      Lock icon Six great ways to ring in the new year
      863 22  -  NIGHTSPOT Sweep away the cobwebs and cares of 1997 at the hottest, hippest parties in town. Here's where you can see some real action on Dec 31 to/ Ben Munroe COME New Year's Eve, priorities suddenly change. It becomes important to
      FILE PHOTO  -  863 words
    • Article, Illustration
      Still the same old Bond
      594 22  -  CINEMA Agent 007 is back with more gadgets and more girls in Tomorrow Never Dies, the 18th instalment of a series that never rnns out of fresh ways to serve np stale ideas Hy Susan Tsang THE 18th instalment of the James Bond series. Tomorrow
      594 words
    • Article
      Coming to terms with blonde ambition
      582 23  -  CINEMA Despite appearances, Romy And Michele's High School Reunion is more than just another Dumb And Dumber flick By I Shahiron Sahari WITH Romy And Michele's High School Reunion, Lisa Kudrow shows once more that the female members of the Friends cast are destined
      582 words
    • Article, Illustration
      WHAT'S ON
      369 23  -  Compiled by j M Yasotha MUSIC Symphony Hour The National University of Singapore Symphony Orchestra will present a lunch-time programme which includes Strauss' Gypsy Baron Overture, Vivaldi's 'Summer'for Violin String Orchestra, Schubert's Polonaise for Violin Orchestra, and Brahms' Hungarian Dances Nos 5, 6& 7. Conducted by Lim Soon
      369 words
    • EPICURE
      • Article, Illustration
        Lock icon Focus on fusion
        982 24  -  Asian influences resurfaced on the culinary scene this year, jams be highlights the restaurants that led the way JAIME EE ON THE culinary front, you could say that 1997 was the year that Singapore diners re-discovered Asian food. New Asian cuisine, or at least variations of it,
        FILE PHOTOS  -  982 words
      • Article
        My most memorable wines of the year
        833 24  -  WINE CONNOISSEUR By N K Yong I MAKE no apologies for the fact that my most memorable wines this year—a mixture of very young and very old are among the greatest wines in the world. It would be pointless remembering mediocrity. CHATEAU MARGAUX
        833 words
      • Article, Illustration
        Lock icon How to party without pain
        728 24  -  GOOD HOUSEKEEPING By Lee Geok Boi IN THE MOOD for a last-min-ute party but hate the thought of fussing in the kitchen? Get your guests to help out. A DIY party spreads the burden and is actually half the fun. Alter all, if friends are
        FILE PHOTO  -  728 words
    • Article, Illustration
      CINEMA
      809 25 Julie Christie is married to philandering repairman Nick Nolte. He goes to fix the apartment of a Johnny Lee Millar whose marriage is in trouble and chats up the wife, Lara Flynn Boyle. Their spouses track them to a hotel, meet each other, and start flirting... R(A). Previewing at
      809 words
    • Article
      ENQUIRIES AND BOOKINGS
      93 25 Cathay 333-3400 Eastahore 346-/816 Orchard *35-8390 PI ct unbones 338-3400 Yangtze 323-7519 Empress 777-5987 Jubilee 454-1940 Msndathi 292-9401 Marina 339-9719 Whltesands 685-1782 Bedok *****0? Bishan 353-8886 Boon Lay 792-2788 Broadway 454-9394 Majestic 533-9032 Marina 337-9488 Pavilion 7SO-6788 Tampines 8 796-6788 Tionf Bahru 274-9689 Ylahun 257-7849 aTmTtTc'SS* 777-0989
      93 words
    • TRAVEL
      • Article, Illustration
        Lock icon Swim with dolphins in the seas where Moby Dick lived
        1380 26  -  Hunters are swapping harpoons for binoculars in the waters around the Philippines. MM am follows in their wake NIGEL NICKS Independent On Sunday HI BOAT cruised gently ecroee the slowly circling, its engine cut beck to a gentle murmur. a.
        Independent On Sunday  -  1,380 words
      • Article, Illustration
        Lock icon The day the land turned red
        918 26  -  TRAVELLER'S TALE When the crabs ef CkristmiiiflUid migrate, the wise stay eff the reeds By P Y Van EL NlHO's michief with weather patterns was clearly evident on Christmas Island this year. When we landed in early December, the island, situated 360 km south
        CHRISTMAS ISLAND RESORT  -  918 words
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      69 22 jmmM Xi S^ngapomo49eT«/7 for niirvon, a* I LOVE MY TOPIfSS CAR "I wanted a car that lets me feel the wind in my hair. I knew exactly where to look for one Classification 353." Jk Whether you're selling or buying 1L 1 a sports car, coupe or cabriolet, 353. ||I
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      Page 22 Advertisements Column 2
      17 22 I 1 Making I smart education choices begins The Straits Times Classified. I I Classifications 703-794: Education/Training
      17 words
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      Page 22 Advertisements Column 3
      827 22 BUSINESS Xotices To advertise call toll-free ISOO-741 IXX3 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER OF MELVILLE CORPORATION SINGAPORE PTE LTD (In Member I'Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held
      827 words
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      Page 22 Advertisements Column 4
      267 22 f IN THE MATTER OF THE~ COMPANIES ACT. CAP 50 AND IN THE MATTER OF J.M. LEOW HOLDINGS (PTC)LTD (Incorporated In Singapore) At an Extraordinary General Meeting of J.M Leow Holdings (Pte) Ltd, duly convened and held at 31 Bukit Tunggal Road. Singapore *****6 on 23rd December 1997. the Special
      267 words
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      925 23 Where to wine, dine and entertain... i: < SSpS.3l^ MarketSqware I RESTAURANT FOOOCOWT* WINE CELLAR J J gityaport'sfast I Theme Restaurant Fooocourt European countryside f~ 1j J ambience Wlffciagr I 1 Your table is reserved while I Aid all J 1 you explore our wide variety I j 1 of
      925 words
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      Page 23 Advertisements Column 2
      228 23 24-hour Coffee House l«l floor The Chicken Rice Capital Of The World /Mmhlvm Llh S^/yy^yy 333 Orchard Road, Singapore *****7. Tel: 737 4411 'T&W Cheer In The New Year At The Garden's Gala Dinner Gala Buffet Dinner Wednesday 31 December 6pm to 10:30pm Adult $42.00* Child (below 12) $29.50* includes
      228 words
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  • Page 25 Miscellaneous
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      Page 25 Miscellaneous Column 1
      2135 25 TODAY'S TV Chinese Top 20 Count9.00 AMTVSN. J?!*? Strange relationship disintegrates, Tour MMMIHMH they where it hurts Hiehitehts 1997 properties Kketb.ii- nba j, m ™2»sB£Jv. possessions. Danny DeVito 200 g 7 gjj fIA no Tom Thunder. My Science Project, spm, co-stars and also directs xao Samsung Sports Espirit. j£jjjj^ ne
      2,135 words
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