The Business Times, 2 August 2001

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Total Pages: 30
1 30 The Business Times
  • 15 1 THE BUSINESS TIMES MIT* (P) 107/03/2001 interr.ot: htt;j.7/business-times.asial .com.sg/ SINGAPORE THURSDAY, AUGUST 02, 2001 85C
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  • 76 1 □m MBUB (+18.80) U m*JB (+4.19) PV ST INDEX nJTUIES U UROUOO (+13.00) iismaivnjiisi U MHO (+1.80) STOCK HAIKET INDICES Wednesday Change KL8EOOMP ***** +IM NIKKEI BS iimb *IWH HANS SENG 1*47&74_+1«2J6 SET INDEX S06J3 +L84 JAKARTA COMP _***** 4» MAJBLACOMP —UM.71 -29.18 TAIPEI WH iSMIS +LM SEOUL
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  • 79 1 HDBEX BATES USt SI USSfSSperUSS) L8M £(US$/SSper2) 1.411 U81 EUBO(US$/SS/E) 1880 LMB dm im \m YEN 114.7 UK) KM 1800 1107 HKS 7.800 4124 BAHT 4176 tUS HJPIAH is7i yoe •v* in inn *8S to 100 units FUME BATES SINGAPORE* 5.80 KUALA LUMPUR 7.07 -JAKARTA 99.00 BANGKOK .9.50 MANILA
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  • 797 1  -  Half-billion dollar provisions to blame; gronp expects be in the red for fall year By Kalpana Rashiwala [SINGAPORE] A $500 million hit from its housing portfolio pushed Capita Land further into the red for the first half, and South-east Asia's largest listed property
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  • 589 1  -  They say SIA plan will produce imbalance' By Beth Jinks [SINGAPORE] Singapore Airlines suffered a major setback yesterday when a joint Australia-New Zealand government statement urged Qantas to further work on its proposal for Air New Zealand, claiming that the one
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  • 468 1  -  By Angela Tan [SINGAPORE] United Overseas Bank's offer for Overseas Union Bank is superior in all material respects and shareholders should therefore accept UOB's bid and reject the one from DBS, said the adviser to OUB's independent directors. The
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  • 100 1 [SINGAPORE] Responding to the DBS Bank apology to two local bank rivals, the Monetary Authority of Singapore (MAS) said last night that it "expects financial institutions in Singapore to act in a professional and responsible manner at all times". MAS said
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  • 436 1  -  Both UOB, DBS offer cash for them to surrender options By Alvin Tay [SINGAPORE] A windfall of about $60 million in share option gains awaits about 800 executives of the Overseas Union Bank group if its takeover by either United Overseas
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  • Page 1 Advertisements
    • 63 1 nHBPB Ex«c Suit* Construction hits rough patch. Pg 20 PWD clinches consultancy contract for Shanghai prime residential project Pg 20 Top Stories Argentina jobless fight austerity measures. Pg 15 OCBC gets 70% acceptance for KCH takeover; extends offer. Pg 4 Mid-Con trial: Piacee "a consultant of Soh Chee Wen firm'.
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    • 104 1 Lawsnits a hazard of hostile bids: bankers, Next Page Apology fliioff DBS must make changes, Pg 4 How to make a merger work, Pg 10 BVLGARI i> I I \l I' <» R M I I I I t I I I. I I' s 11 iIj11? M ■>'! it
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    • 24 1 ROAD ACCIDENTS Send vehicles to independent assessors Page 8 i dPT i THAKSIN VERDICT Thai investors jittery More to rent-a-software than Microsoft moolah *«r
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  • NEXT page
    • 665 2  -  Aggressive mergers and acquisitions are new terrain for Singapore, they say Bui Siow Li Sen, Angela Tan [SINGAPORE] Insults and lawsuits are a hazard in hostile takeover bids, and an apology such as that by DBS Bank to rival United Overseas Bank
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    • 102 2 {SINGAPORE] The Economic Development Board has a tip or two on that subject. The board has perfected the art of dealing with corporate chiefs from around the world as it marketed Singapore to them. As EDB chairman Teo Ming Kian (thirdfrom right) says,
      RICHARD CHNG  -  102 words
    • ON THE grapevine
      • 74 2 THE Mid-Continental trial, now in its third week, had a light-hearted moment yesterday when prosecution witness Bill Ng was asked if he agreed with comments by an unnamed dealer quoted in a 1996 BT article on the stock. Said the dealer at RHB Cathay: "I was the dealer
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      • 50 2 EVERY year on Aug 1, several staff from Overseas Union Bank and its subsidiaries have trooped down to Lien Ying Chow's home to wish him a Happy Birthday. This year, the OUB founder has apparently asked for some peace and quiet on his 95th birthday.
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      • 95 2 FOLLOWING on from the subject of US investment advisory newsletters, how about this gem from one called TheMogambo Guru, based in Florida. Its latest offering is: "Let's remember that, in the end, the Fed is just a secretive, self-serving cabal of bankers who have organised themselves into a
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      • 66 2 CHEONG Quee Wah, deputy chairman of SembCorp Waste Management, is the only Singaporean in Queen Elizabeth ll's annual Honours List today. Mr Cheong becomes an Honorary Commander of the Most Excellent Order of the British Empire, or CBE. He has been recognised for his efforts
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    • 87 2 ON July 31, we carried a Reuters story, "Tanker runs aground off S'pore, spilling oil: Lloyds", which said that the Oriental Opal had run aground off Singapore and was spilling oil. The story was filed from London based on a message from Lloyds Casualty Reporting Service which was later
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    • 704 2  -  -i I comment TECHNOLOGY Its new subscription model presages the future, but there's an acid test the software leader must pass kenneth james MICROSOFT Corp stirred up yet another hornets' nest when it recently announced plans for a "rental" licensing scheme for its larger
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  • Page 2 Advertisements
    • 412 2 I KPMGSemmarSeries Stock Take Equity Investments beyond the Share Certificate Thursday, 30 August 2001,9.00 am to 5.00pm Grand Hyatt Singapore Why To the uninitiated, equity investment begins and ends with the purchase and sale of a single stock. Globalisation of the capital markets has opened the door to new investment
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    • 3 2 Reports, P# 9
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  • Page 3 Advertisements
    • 89 3 ~a. PROUD MEMBER OF SINGAPORE QUALITY CLASS T g 3R»** i/fim I Mtf TTI A» Jr •4L s v .mr TH iiHaKßMHiißw#. gpi>>^t^pmy fc^g» i^ 9B^|KAj(^^flflHSß^|^^" •"-■v.. 41 jr. "n^ x y f> ji fl J[ v BL "jS* f > With Our Partners, Together We Blossom CBQlHchardßb c •MPNICt
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  • SINGAPORE companies
    • 307 4  -  Offer period now extended to Aug 17; MAS has in-printipleno objection to deal Byk Angela Tan OCBC Bank has received acceptances equal to about 70 per cent of Keppel Capital Holdings' (KCH) share capital in its takeover offer for Singapore's smallest bank,
      FILE PHOTO  -  307 words
    • 413 4  -  Local banks face harsh operating conditions in next 6-12 months, it says By 1 Ven Sreenivasan INVESTMENT house ING Barings has downgraded the Singapore banking sector, citing weak fundamentals, unattractive valuations and potential negative news flows. In a report yesterday, ING Barings also pointed out that
      413 words
    • 166 4 SINGAPORE Exchange (SGX) yesterday announced a 12.3 per cent growth in futures trading volume for July to reach 2.13 miUion contracts, compared with 1.89 million contracts a year ago. Among the top performing derivatives futures contracts were the Singapore Dollar Interest Rate Futures
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    • 874 4  -  Combined value of firms at $264.2b is a massive 19.4% drop from July 2000 By\ Ling Su Ann THE capitalisation of Singapore's stock market slumped 4.6 per cent at end-July compared with end-June, thanks to falls in property and tech-nology-related
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    • 815 4  -  lock siew lee han shih WHAT does DBS Bank and Phua Chu Kang, the popular Singlish television show, have in common? A fair bit, when you come to think of it. Like Phua Chu Kang, DBS has been a must-watch for its target audience
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    • 705 7  -  Mm-CON TRIAL Court told Kay Hi&n dealer, not accused, accounted for top Mid-Con volnme By I Serena Ng PROSECUTION witness Bill Ng yesterday told the court that Malaysian businessman Chan Thim Fuat, one of the five placees in the Mid-Conti-nent share issue,
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    • COMPANY Briefs
      • 111 7 SINGAPORE Bus Services has hired about 500 people for its rail business since it secured the right to operate the MRT north-east line in 1999. The contract includes running the Sengkang and Punggol LRT lines. All three lines are driveriess systems. Yesterday, SBS
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      • 54 7 CENTREPOINT Properties has been awarded the tender for a 17,000 square metre, 99-year leasehold site at Boon Lay Way/Corporation Road. Centrepoint put in the highest bid of $106 million for the parcel when it was offered by the Urban Redevelopment Authority. The site is
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    • 281 7  -  By Andrea Tan maw far Corp president Hong Hai said yesterday he was "not aware of any plans" to pump the property assets of United Overseas Land (UOL) into the group. Dr Hong, who spoke to reporters at the
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    • 428 7  -  Purchase price in conditional pact for controlling interest of 8&92% lower than estimated By Ling Su Ann MALAYSIAN conglomerate Berjaya Group has disclosed that it has entered into a conditional agreement to buy a controlling stake in Singapore's Pinetree Town and Country
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  • Page 4 Advertisements
    • 291 4 HSM Overseas Union Bank Limited (Incorporated in the Republic of Singapore) VOLUNTARY CONDITIONAL TAKE-OVER OFFERS BY DBS CROUP HOLDINGS LTD ("DBS") AND UNITED OVERSEAS BANK LIMITED ("UOB") The Board of Directors (the "Board") of Overseas Union Bank Limited ("OUB" or the "Company") refers to the voluntary conditional take-over offer by
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  • Page 5 Advertisements
    • 222 5 si; JK, ff J II JB l[n'l li• N *nr:TTT«HHi —^B —l 1 m 1 m I k 1 1 a b 5 :T|^^B > •MiMßfPßHHP^Bßl^S^^^^^^^^B., j? j|ijb) wnj jcyi jp~ L w wfe/,' -9"' i® W j-1 Jr WP- v *S£r Vjflsafct-. fe„. BT-. <—■■»»- p iHK TH PPIPM
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  • SINGAPORE markets
    • 603 6  -  ■11 comment STOCKS r. sivanithy AFTER a month that was largely listless and forgettable, the local stock market is starting to show signs of life a sudden rebound in technology issues yesterday helped the Straits Times Index gain
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    • 168 6  -  WARRANT WATCH By R Sivanithy IT'S heartening to see the percentage gainers list peppered with penny warrants. This is an improvement over the situation generally during the past few weeks, when index rallies left these instruments unmoved. It could mean interest in them is returning,
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    • 220 6  -  HOT STOCK By} Ven Sreenivasan THE shares of computer monitor and scanner maker TPV Technology seem to be springing to life again after a hiatus. They have been among the most active counters on the local bourse this week after reports that TPV plans to raise
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    • 385 6 Market fears latest roond of weak data indicates no early US recovery Bloomberg, AFP (NEW YORK] The greenback fell to a two-and-a-half month low against the euro as a weaker-than-expected manufacturing index fuelled concern that the US economy isn't about to rebound. Manufacturing
      Bloomberg,; AFP  -  385 words
    • 322 6 Slocks VokMM Asia Dekor HK15c 89,321,000 Chart SemiConductof 26c 21,624,000 Unifood HK25C 15,527,000 SingTel 15c 13,793,000 Surface MTHK20C 12,758,000 Golden Agri USIOc 12,403,000 Frontline 5c 12,221,000 Tiartfn Zhong 10,871,000 AJIcom20c 10,679,000 GES Intl Ltd 20c 10,577,000 Stocks Chart Semiconductor 26c 106,541,870 UOB 76,930,556 OUB 69,929,400 DBSGrp 43,409,050 VentureMfg25c 36,206,161 Datacraft
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  • 2934 6 UNIT TRUSTS FUNDS Aberdeen Au*t Mgt Asia Ltd Aberdeen Select Portfolio: China Opportunities Fd!** 0.929 0.976 Global MNCFd 0.703 0.739 Global Technology Fd!** 0.577 0.606 UK Blue Chip Fd!** 0.722 0.759 American Opport Fd 0.802 0.843 Cont Euro Eqty Fd!** 0.994 1.045 Japan Eqty Fd!** 1.107 1.163 Asian Fixed Income
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  • Page 7 Advertisements
    • 412 7 —peool^^^ r By Stacy Chapman, HRMS Product Strategy Manager Asia Pacific, People Soft Information overload is a familiar concept to most. Time spent reading email messages that aren't relevant, or reading an employee handbook cover to cover to find the answer to one simple question is a huge waste of
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    • 1764 7 VI vviv9vl GROUP LIMITED AIROCEAN GROUP LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE 18 HEREBY GIVEN THAT the Annual General Meeting of AIROCEAN GROUP UMfTED wil be hatd at Hotel Inter-Continental Singapore. Conference Room Sunda ft Kanmata at level 3. 80 Middle Road. Singapore
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  • SINGAPORE news
    • 611 8  -  Things likely to get worse, say experts; rebound later this year unlikely By Eugene Low THE manufacturing sector remains very much in the doldrums, with the Purchasing Managers' Index (PMI) falling to a new low in July. Things are also likely to get
      Source: SIPMM  -  611 words
    • 258 8  -  BKiHon the economy business outlook By' Teh Hooi Ling BUSINESS outlook for the manufacturing and the commerce sector has worsened in the second half. The Economic Development Board said yesterday a weighted 29 per cent of industrialists see business conditions deteriorating, while only
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    • 241 8  -  By Teh Hooi Ling THE Infocomm Development Authority of Singapore has banned with immediate effect the import and sale of all nontype approved wireless equipment that interfere with the GSM mobile networks. Common examples of such equipment include wireless headphones, wireless microphones, wireless
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    • 462 8  -  They include independent assessment of accident vehicles By i Christopher Tan MOTORISTS involved in accidents may soon have to send their vehicles to independent damage assessors before they contact their workshops. That was one of 10 key recommendations announced by the Motor Insurance
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    • 449 9  -  Confident EDB up to steering S'pore as it now competes with developed nations Byi Chuang Peck Ming SINGAPORE'S remarkable growth in the past four decades in many ways reflects the role the Economic Development Board has played in the nation's success story, President S
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    • 334 9  -  By Peck Ming THE Economic Development board (EDB) is mapping out new strategies to make Singapore an even more attractive hub for global business and investment, its chairman Teo Ming Kian said last night. "EDB has always redefined its
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  • Page 8 Advertisements
    • 728 8 I Capital Holdings I Keppel Capital Holdings Ltd I (Incorporated in the Republic of Singapore) H ANNOUNCEMENT I Keppel Capital Holdings Ltd ("KCH") wishes to append the report of KPMG, its external I auditors, in respect of the unaudited results of KCH for the half year ended 30 June I
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    • 209 8 IN THE MATTER Of THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF HOFLAND DELTAFLEX (FAR EAST) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306(1) of the Companies Act. Cap. 50 that the Final Meeting of Members of the
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    • 12 8 To advertise your simply fax: 741 1298 or Call toll--1800 741 1883
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  • Page 9 Advertisements
    • 33 9 Y*^VR|NMPlJ|jfl|HMoilHflM|Hl|l|llH|l|i|MHfcflNfl iFToFI Lianhe Zaobao I I What I would I I prescribe for our I I economic I I strategy? I I £»£«IS I I S®§3F*Bsw I I it&m? I I aaßawgy I
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  • EDITORIAL & opinion
    • 752 10  -  ■TTT4 bottom line OPINION paul krugman The writer is a professor of economics at Princeton University NYT TREASURY Secretary Paul O'Neill recently gave an interview in which he dismissed claims that the dollar was overvalued, arguing that concerns about our trade deficit
      NYT  -  752 words
    • 110 10 'He's (Koizumi) setting specific goals to be reached by specific times, and I think in that sense, he's on the attack. It's nice to have a few deadlines.' Rabat Afaui Feldnuui chief economist at Morgan Stanley in Tokyo, on Prime Minister Junichiro Koizumi's decision to pursue reforms
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    • 594 10 EDITORIAL SINO-US relations seem to be back on an even keeL The pragmatic tone at the end of US Secretary of State Colin Powell's brief but productive one-day visit to Beijing last week seems to mark a shift from the tough rhetoric of the past few months.
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    • 1076 10  -  Merger success rests on a tripod' of customers, staff and shareholders By Chia Tek Yew The writer (tek.yew.chia@sg.pwcglobal.com) is the leader of PricewaterhouseCoopers' financial industry consulting practice in East Asia. MUCH public attention has been paid to bank merger "pre-nuptials", such as who
      FILE PHOTO  -  1,076 words
    • 479 10 COMMENTARY Editorial from The Jakarta Post [JAKARTA] What many observers had expected and activists had feared became reality on Tuesday. The Supreme Court, in what it termed a conclusive session on the subject, rejected demands for the freezing of the Golkar Party and its disqualification from
      Editorial from The Jakarta Post  -  479 words
  • Page 10 Advertisements
    • 261 10 August 2001 Holiday Inn Park View 9.00 am 5.00 pm 10th August 2001 Holiday Inn Park View 9.00 am 5.00 pm 13th August 2001 Holiday Inn Park View 9.00 am 5.00 pm Conducted By: DR. BO EDVARDSSON DIRECTOR OF SERVICE RESEARCH CEHTER, SWEDEN FEES: S$ 490.00 nett per participant (Inclusive
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  • REGIONAL news
    • 462 11  -  They fear listed stocks linked to the premier would nosedive if he were ousted From Harish Mehta in Bangkok THAILAND'S Constitution Court is expected to hand down its verdict any day now on whether Prime Minister Thaksin Shinawatra should be removed from office,
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    • 267 11 [KUALA LUMPUR] Tongkah Holdings, which was previously controlled by the second son of Malaysian Prime Minister Mahathir Mohamad, may default on debts amounting to RM665 million (Ss3l6 million). Tongkah, headed by Mokhzani Mahathir until April this year, said RHB Bank has appointed PricewaterhouseCoopers as receivers
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    • 154 11 JAKARTA AFP INDONESIA'S new Cabinet is expected to be unveiled tomorrow, a top presidential adviser said yesterday. "On Friday... the Cabinet lineup will probably be announced," Achmad Tirtosudiro, the chairman of the Supreme Advisory Body, told reporters after meeting VicePresident Hamzah Haz. President Megawati Sukarnoputri
      AFP  -  154 words
    • 531 12  -  The move is expected to raise its profile in Asia and also to fond organic growth and new acquisitions Fromi Audrey Tan in Hong Kong STANDARD Chartered pic, one of the three note-is-suing banks in Hong Kong, said yesterday
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    • 290 12 MANILA President hopes the 'black propaganda' wiU die down after aide's clarification Reuters PHILIPPINE President Gloria Macapagal Arroyo expressed hope yesterday that bribery accusations against her husband would die down after a former aide who made the charges said they were
      Reuters; AFP  -  290 words
    • 447 12  -  Fourth drop in a row amid electrical, electronics downturn From I Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S June exports fell for the fourth straight month, chalking up its biggest decline —13.5 per cent in almost 15 years to RM27.5 billion
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    • LATE Briefs
      • 53 12 Reuters IKU ALA LuMrUKj Malaysia has ruled out having a Formula One night race at its Sepang circuit deeming it too dangerous, local newspapers said yesterday. Britain's Autosport magazine reported last month that Malaysian race organisers had discussed the idea with Formula One supremo
        Reuters  -  53 words
      • 54 12 Bloomberg [HONG KONG] Jardine Matheaon Holdings Ltd said first-half profit fell 5.8 per cent to US$Bl million, or 20.62 US cents a share. Sales in the six months ended June 30 tumbled to U554.96 billion from US$5.2B billion. The company declared an unchanged interim dividend
        Bloomberg  -  54 words
      • 88 12 AP [KUALA LUMPUR] Hundreds of riot police backed by water cannons were deployed across the state ofSelangor to enforce a ban on political gatherings by the country's biggest political party, Parti Islam SeMalaysia, police and opposition leaders said yesterday. Police have been enforcing
        AP  -  88 words
      • 48 12 AFX-Asia [MANILA] The Bankers' Association of the Philippines (BAP) will announce within the week proposals to stabilise the foreign exchange market including the introduction of hedge instruments to improve US dollar liquidity in the market, BAP executive director Leonilo Coronel said. -AFX-Asia
        AFX-Asia  -  48 words
    • 518 13 MUMBAI Yesterday was first day for partial redemptions since lifting of a ban Bloomberg, Reuters INVESTORS did not flock to redeem units in the flagship plan of the Unit Trust of India (UTI) yesterday, the first day for partial redemptions since the
      Bloomberg,; Reuters  -  518 words
    • ASIA Notes
      • 75 13 Dow Jones Newswires [TAIPEI] Taiwan is close to a technical recession and its second quarter gross domestic product is expected to contract quarter-on-quarter and year-on-year, said Brian Coulton, director of sovereign and international public finance at credit rating agency Fitch yesterday. Taiwan's sovereign rating
        Dow Jones Newswires  -  75 words
      • 63 13 AFP [SEOUL] The late Philippine dictator Ferdinand Marcos has deposited multi-billion dollar worth gold bars at a Swiss bank in the name of the late North Korean leader Kim D Sung, a report said. The secret account was opened at the Union Bank
        AFP  -  63 words
      • 53 13 AFP [HONG KONG] Public satisfaction with the Hong Kong government fell from 34 per cent in May to 27 per cent in the last two months as concerns over the weakening economy began to bite, the latest survey by the Home Affairs Bureau
        AFP  -  53 words
    • 215 13 BEIJING It's part of drive to curb corruption by officials minister Reuters CHINA will check the bank accounts of central government agencies in a bid to curb corruption among officials, the People's Daily reported yesterday. "Checking and rectifying bank
      Reuters  -  215 words
  • Page 11 Advertisements
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  • FINANCE
    • 279 12  -  STbdeo^MSGIS'^Qretadn C K Lau Refco Singapore THE Singapore stock market, technology shares in particular, continued to attract buying interest yesterday on renewed hopes of a recovery in the semiconductor industry. The benchmark Straits Times Index gained 18.80 points, or 1.13 per cent, to close at
      279 words
    • 229 12  -  MS& Taiwan Index Daniel Wong Refco Singapore THE Taiwan Semiconductor Manufacturing Co (TSMC) led the gainers on a mixed day of trading yesterday on the Taiwan stock market. The MSCI Taiwan Stock Index advanced 1.05 points, or 0.51 per cent, to end at 205.5, with
      229 words
    • 221 12 Reuters Loai— PESSIMISM oil US growth prospects overshadowed sluggish data out of the euro zone yesterday, helping the euro to rise to 2-1/2 month highs against the US dollar and three-month highs above 110 yen. While the yen retreated to what analysts see as key psychological barriers against
      Reuters  -  221 words
    • Article, Illustration
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  • 1753 13 8I00M FUTURES Augi RU88ER (Mum doataf 0 <1 SJOpa) ISS1 COMTRACT(S cwitsAq} Closo Votmo Opt* Wort* Wvk Low Sott (town) Iwtorot SopOl 105.25 Oct 01 107.25 Mo* 01 108.25 0« 01 109.25 ISS 3 CONTRACT (US c«iti/kf) VdMM Opoo Mwtt Low Sott (tmm) irtocwt Sop 01 57.75 *75 Oct
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  • Page 13 Advertisements
    • 132 13 Jq& I *--ffiBffe%-- ■mm gftwr ii^lm BkJLuk, > Which is why you'ffjaff in Cove with TJcECs 1200 'ATfSI fumens high-brightness projections w^k^jF Ik I Whether you're courting a single cCient or a Larger V audience, the tfEC Iff 155 2.2 feg micropertabie projector W jMß|> i 15 a sure winn^r
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  • BIZ woman
    • 465 14  -  The film festival opening today will have a strong female presence, writes lahsbnt asseo LAURENT ASSEO AFP [LOCARNO, Switzerland] THE 54th Locarno international film festival opens in this capital of Italian-speak-ing Switzerland today with an array of offerings from Asia, Europe, the Middle East
      AFP; FILE PHOTO  -  465 words
  • Page 14 Advertisements
    • 117 14 J<^ t'C.l ot*? >F3Ytodt usv«3e»»flSb3rt Trade-in will only be conducted at Tee-to-Green. inspection W h J|k Mfr* **o y/m Trade-in for all Irons must be in full set (single brand and model) only, does apply to loose irons, golf Cash will not be issued. Immediate offset against season golf clubs
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    • 985 14 mmlMl No. 4323 of 2001 IN THi HiOH COURT Of JUSTICE CHANCERY DIVWON COMPANIES COURT IN THE MATTER Of FT (PERSERO) KRUSAHAAN PENEHBANGAN GARUDA INDONESIA (o company ncofporalid in Indonesia} and IN THE MATTER Of THE ENGUSH COMPANIES ACT 19C3 IN THE HIOH COURT OF THE REPUBUC OF SINGAPORE ORIGINATING
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  • Page 14 Miscellaneous
    • 295 14 CRYPTIC CROSSWORD ACROSS 6 Peterborough is another name 1 Coat that (fivers rig may form (9) t0r.... (9) 9 WHing to eat out after the match 7 ...London, say, with money in(7) vested (7) 10 Money that's for the go* club (7) 6 Creatures that dodge the issue 11 Getting
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  • WORLD news
    • 491 15 Bm4 blacks greet aim te eat pendens, hike taxes in bid to aveid debt default Bloomberg AFX [BUENOS AIRES] Argentina's unemployed blocked roads across the country, disrupting traffic on at least five major highways as well as avenues in the biggest cities, to protest against
      Bloomberg; AFX  -  491 words
    • 195 15 WASHINGTON Reuters THE joint marketing by AOL Time Warner Inc and Vivendi Universal of the 1998 performance of The Three Tenors hit a sour note with US regulators who charged on Tuesday that the music giants had conspired to fix prices
      Reuters  -  195 words
    • 611 16 SAN FRANCISCO Asian companies seem to have blocked its expected attack via software patches Bloomberg, AFP WITH all the hype and expectation, the "Code Red" computer virus should perhaps be re-named "Red Face" as it failed to make its scheduled midnight
      Bloomberg,; AFP  -  611 words
    • 356 17 WASHINGTON LAT-WP THE Securities and Exchange Commission has found that three of 57 stock analysts sold stock they were telling the public to buy, reaping profits ranging from US$lOO,OOO to US$3.5 million, SEC acting chairman Laura Unger testified to Congress on
      LAT-WP  -  356 words
    • LATE Briefs
      • 79 17 Bloomberg [LONDON] Merrill Lynch raised its recommendation on the global semiconductor industry, saying the worst of the decline in growth is over. The upgrade was based on "industry fundamentals suggesting that global demand has hit a trough and global supply is stabilising after strong
        Bloomberg  -  79 words
      • 81 17 Reuters [SINGAPORE] Personal computer unit shipments in the Asia-Pacific region grew 12.5 per cent year-on-year in the second quarter of2ool, research group Gartner said yesterday. A total of 4.8 million PC units were shipped across the region, but q uarter-on-quarter growth was minimal at
        Reuters  -  81 words
      • 74 17 Bloomberg [FRANKFURT] Deutsche Bank said second quarter' earnings fell 48 per cent as reserves for possible loan losses more than tripled and it wrote down the value of some investments. It plans to step up asset sales and cost cuts, said CEO Rolf Breuer.
        Bloomberg  -  74 words
      • 64 17 AFP [SEOUL] South Korean exports fell 20 per cent year-on-year to U5511.57 billion in July, the biggest monthly drop which reflected a prolonged economic slump, officials said yesterday. The export figures also marked the fifth consecutive fall but the trade account recorded a US$459
        AFP  -  64 words
      • 78 17 AP [FRANKFURT] T-Online International, Europe's largest Internet service provider, yesterday announced more red ink in the second quarter, but the company said it was trimming losses through aggressive cost-cutting and by selling more profitable subscription services. T-Online posted a preliminary loss of 56.9
        AP  -  78 words
      • 52 17 Reuters [DUBLIN] Allied Irish Banks, Ireland's second largest bank by market value, posted anil per cent rise in first half pre-tax profit. Pre-tax proflt rose to 667 million euros (551.05 billion), with basic earnings per share also up 11 per cent at 53.8 euro
        Reuters  -  52 words
    • 351 17 WASHINGTON This brings sector's slump to a year; but some signs point to hope for rebound Bloomberg AP THE slump in US manufacturing extended to one year in July as orders fell, a survey of executives found. The National Association of Purchasing Management's
      Bloomberg; AP  -  351 words
    • 185 17 Reuters, AP [WASHINGTON] The US House of Representatives on Tuesday approved a sweeping ban on human cloning, a prohibition that would make it a federal crime to clone people to produce children or to create embryos for medical research. Saying that
      Reuters,; AP; REUTERS  -  185 words
    • 579 17  -  Qn&rter-to-Jtme fall is biggest in dotcom history From Jennifer Lien in Silicon Valley VENTURE capital investment in the US fell a steep 61 per cent in the June quarter, the biggest drop since the advent of the dotcom revolution. In all, venture capitalists
      579 words
  • 7387 15 HONG KONG Vai HttS COOP) AcrossAsx Multimedia 1.94 unch 240 Alpha General 0.04 unch 7340 Amoy Prop 8.80 0JO 4866 Ananda WingOn 0.14 0.00 ***** Angara New Steal H 1.J0 0.01 ***** Anhul Conch H 1.82 0.02 3506 Anhul Expressway M L30 0.01 3416 Arcontech Corp 1 Ji
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  • Page 15 Advertisements
    • 1199 15 Notices —> ■Its I 3t 3d 'M PS. -2J(nvimttnKimnm: Wf HOTEL PLAZA LIMITED WLM 1 (Incorporated In ttw Republic of Singapore) To: All Members ANNOUNCEMENT The Board of Directors is pleased to announce the following: UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2001 THE GROUP THE COMPANY 30
      1,199 words

  • Page 16 Advertisements
    • 258 16 Where to wine, dine and entertain...""? agsatST I ji "71T Select from our extensive a la carte buffet menu featuring 60 superb Sichuan and Cantonese gourmet delights. Lunch: $27.80 (Adult), 40% discount (Chid under 1.2 Metre) Dinner $2&90 (Adult), 40% discount (Child under 1.2 netre) For reservations, please call 290
      258 words

  • 2025 17 30NDS&WARRAMTS Html t**v u* MB* MM to, MC tar Ml Ma f C—■" Ma «ar- f966> la. ftator W mm m -mm I* 395 26 t ASTI ******1 29.5 33 169 293 273 29.5 30 27 26.4 1 6 L46 34 7.5 2.5 ft AMTachW*****7 3M 3 17.6
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  • 7388 18 SGXMAIHBOABD Gr Gr M Wt SWW KM M My IMQwtt Oiv Mr TM MM Cm »v, W# law c— »—T Sale W- fWW W# i—» My Mhr Cw Hf 3 Mb MULTI-INDUSTRY 143 35 c Acma50c 40 -0.5 205 40.5 39.5 39 40 0.5 199 0 6 10.5
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  • Page 18 Advertisements

  • PROPERTY news
    • 704 19  -  jubby de la mar and tat sab pob look at the relevance of intelligent buildings to modern businesses JURRY DE LA MAR,TAY KAH POH Jurry de la Mar is vice-president, Deutsche Telekom; while Toy Kah Poh is director of business space at Knight Frank
      704 words
    • 566 19 DEVELOPER/OWNER DISTRICT LOCATION SIZE TOTAL UNfTS NO. OF PRICE TENURE 1 'F.TlH'f.FJiB <aqft) launched UMTSSOLD ($p*> Pare Regency Wah Khiaw Devt 5 Pasir Panjang Rd 1,335-1,690 20 18 630 FH Abode at Devonshire TTHDevt 9 Devonshire Rd 1,012-2,756 26 4 1,288 FH Holt Residences Centrepoint Prop
      566 words
    • 119 19  -  MAIL rrr— William Tan Singapore I REFER to your article "A $20b deadweight" by Lee Han Shih (BT, July 31). The $20 billion number is misleading, as it is derived from the supply (units under construction). Mr Lee seems to have taken that number to be the
      119 words
  • Page 19 Advertisements
    • 125 19 cg>VASIC IVR Ocwon Pop-up WJBF -Database Integration Locate its owner through Classification 821 (Found). Simply call CJLT.S. I at 1800-737-1166 for this free service. t Another Classified Service INVESTMENT PRIME WAREHOUSE IN PASIR PANJANG ROAD FOR SALE Land area 2,824 sqm or 30,402 sqft Strata Floor Area 5,252 sqm or
      125 words
    • 104 19 INVESTMENT 777 1 FOR SALE BY TENDER f The Riverwalk #02-21 I|| f Strata area of 1,873 sqm (20,161 sq ft) 99 years leasehold from 15 Dec 1980 I Tenanted to office users Shopping podium was substantially Next to new Clarke Quay MRT station Tender closing 14 August 2001 at
      104 words
    • 119 19 EDUCATION/ TRAINING The Straits Times Classified. Classifications 703 794. Buy k. S«B k. Find h. AK 9Kmfw£K{ Oltyfrtkuahj invest rmtA MELBOURNE W&k BRAND NEW CONCIERGE APARTMENTS [The Sentinel from AAA v C'TTsouthbanh AUD5239,000 LOCATION 7 BRAND NEW 34 Freehold Title LEVEL TOWER 10 yr building warranty •y 10 o deposit,
      119 words

  • EXECUTIVE Suite
    • 525 20  -  By' Vince Chong PWD Consultants yesterday inked a deal with Shanghai Grand Real Estate Corporation to provide consultancy services for the latter's Ssso million luxury Lujiazui residential project within Shanghai's Pudong Central Business District. It is not known how much the
      525 words
    • 846 20  -  With thousands of workers being told to go and many companies inactive or on the verge of folding, the outlook for the industry is certainly very grim. unwM taw finds out just how shaky things are ANDREA TAN WHEN a company like NatSteel Ltd announces
      846 words
    • 363 20 CITY Developments' landed housing site at Ang Mo Kio and MCL Land's condominium project at Choa Chu Kang Loop are among the sites given provisional permission (PP) in the 9econd quarter to be redeveloped into residential projects. CityDev based the freehold site
      363 words
    • 283 20 The company constantly seeks renewal at the top, says DTZ chief Edmund Tie IN AN effort to inject new blood into the firm, DTZ Debenham Tie Leung has raised its number of shareholders to 18 with the latest additions being Ashley Wee and Chua Wei
      283 words
  • Page 20 Advertisements
    • 546 20 con/unction with e ,n Busiaess Advisory Coudl Meeting 2001 providing a meeting pointfor sharing and H Jl networking between ABAC and business 4 leaders in Singapore Corporate Governance is about credibility and accountability. Companies who wish to win the global competition for capital must abide by a good system of
      546 words

  • SHIPPING TIMES
    • 267 21 Reuters THE Baltic Dry Index (BDI) fell 18 points to 1,049, thft RfllHr Panamat Tndex (BPI) dropped 41 points to 1,048, the Baltic Handymax Index (BHD slipped 16 points to 8,189 and the Baltic Capesize Index (BCD was down 11 points to. 1,186. ♦Spa^Mta^Tam 75,115 dwt delivery Recalada
      Reuters  -  267 words
    • 235 21 *91 k CWTOfctrHartton 0.55 unch 0 ChuanHUp 0J3 OuOt 440 cof >uMU»»ii_aaa «KD 02 rntoMLM* 0.0a unch 220 CBHoMlnqs 0.51 UIKil 0 IMC Mowogj-M* —.5,60 men 0 JayaHoWngj 0.19 unch 150 WS3==P US '515 SS §S lairpy Marin* 0.28 0.01 >09 MataMck 0.49 uncft 0 (W- 1 22
      235 words
    • 465 21  -  PUns to build deep water container port at Nansha at mouth of Pearl liver Delta By\ Beth Jinks [SINGAPORE] Plans to develop a new deep water container port at the mouth of the Pearl River Delta in Nansha could pose a threat
      465 words
    • 265 21  -  By Beth Jinks [SINGAPORE] The world's largest marine insurer, the UK P&I Club's annual report has revealed it is in good financial shape, thanks to a drop in claims. A statement released by the P&I club noted that "there
      265 words
    • PORT Shots
      • 64 21 [SINGAPORE] Taiwan's Evergreen Marine Corp suffered an 8.5 per cent year on year drop-off in sales during the first half of2ool, it has revealed. Recording sales of NTIB.BB billion (***** million) from January through June, the big shipping company said sales improved in June over
        64 words
      • 117 21 [SINGAPORE] Increased new vessel capacity has widened the gap between supply and demand in the transpacific container trade, according to quarterly report World Liner Supply. The results of the July 2001 survey show that transpacific shipping lines have expanded capacity by 9 per cent since
        117 words
      • 77 21 [SINGAPORE] Norwegian cruise ship Seabourne Legend was involved in a bomb scare while anchored off St Jean de Luz in south-west France this week. An anonymous phone call to police alerted authorities to the threat, made by people claiming to be part of a small
        77 words
    • 370 21  -  Connection to Hnangpn Xingang Terminal could give S'pore a windfall By] Beth Jinks [SINGAPORE] Thailand-listed feeder operator Regional Container Lines (RCL) will launch a service between Singapore and PSA*B joint venture Huangpu Xingang Terminal in Guangzhou, China on Aug 15. The new service
      370 words
    • 77 21 [SINGAPORE] The 255,087dwt tanker Samco Europe undergoes blasting and painting work at the Asry yard in the Middle East Asry saw continued demand for its services in the second quarter and the workload has been maintained in the past three months with contracts for
      77 words
    • 309 21 AFP [COLOMBO] Sri Lankan police have detained a fishing trawler and its owner who tried to transport some 54 would-be illegal immigrants to Australia, officials said. Police at the north-west-ern town of Negombo had launched an investigation following the arrest of
      AFP  -  309 words
    • SUBSTANDARD ships
      • 892 22  -  As the gap between responsible and irresponsible shipowners becomes wider, the region is even more exposed to the risk of environmental and human tragedy, Australia's maritime union warns, eveltv mm rpnnrtc EVELYN DUFFY AUSTRALIA'S Maritime Union claims the Australasian region is
        REUTERS  -  892 words
    • 139 22 PACE Assets S Austral 6 BSA 7 rtanqtfas 6 COM 7 CMACGM 3 COSCO 3 Cokmyloq 5 t Central £x 6 CMMSDpg 5 Cougar 7 CVTGtoMM 7 OHmas 4 DjakUoyd 6 Oongnami 3 Ea 4 ECU lint 5/6/7 [MTfM 6 FoongSun 5 FiM 7 GLMk 4 Gemrtram
      139 words
    • 5538 28 THEBUSINESSTIMES 396 8 EXPORT THURSDAY, AUGUST 2, 2001 ETA ETA Advertiser Voyage Telephone HN OwTn Nam* Nam Number Number To ABIDJAN (ABJ) 2003 Cot* D'lvolre 13/00 H/09 Delmas HYUNDAI DISCOVERY 30JW 65-*****44 O/OO 16/09 Kien Hung JUSTICE CONTAINER JCW4S 65-*****33 HAM 26/09 COSCO NUMBER BR10GE 0003W *5-22*1900 To
      5,538 words
    • AIR & LAND transport
      • 526 29 China molls speeding up approval for new aircraft purchases after Powell visit Bloomberg [BEIJING] Boeing Co, the world's biggest aircraft maker, may be among the first American companies to benefit from thawing US-China relations as Beijing prepares to ease its
        Bloomberg  -  526 words
      • 302 29 Reuters [CANBERRA] Qantas Airways is looking for buyers for seven Boeing 767-200s and eight old-model 747s as it prepares to take delivery of new aircraft. The Australian airline has listed on the Boeing aircraft trading website two 747SPs available
        Reuters; AFP  -  302 words
      • 190 29 Bernama [KUALA LUMPUR] Two for-eign-owned carriers have taken active steps to win a bigger share of the growing air-car-go traffic at the Kuala Lumpur International Airport (KLIA) for themselves. Announcing the development in a statement on Tuesday, Malaysia Airports Holdings Bhd (MAHB)
        Bernama  -  190 words
      • 254 29  -  By Beth Jinks [SINGAPORE] Singapore Airlines' (SIA) first flight to Chicago took off last night, marking the launch of a new thrice-weekly service to the "windy city" of the United States. Flights will depart Singapore's Changi Airport on Mondays, Wednesdays and Fridays at 11.35pm
        254 words
      • 407 29 But it won't firm a new unit along the lines of UAL Bloomberg [ATLANTA] Delta Air Lines Inc expanded its private jet charter service for companies and wealthy people, after rival UAL Corp in May said it would set
        Bloomberg  -  407 words
      • 121 29 Reuters [SEOUL] Korean Air, South Korea's largest carrier, Mid it had added temporary flight services to China to meet high summer holiday demand. Zi Korean Air (&AL.) said increase* passenger services to and from five cities in China started on July 15 and
        Reuters  -  121 words
      • 1649 29 tnr maw n* awr n» MMIi M7IM BW MIW2 2095 W W W Ml Mrti SOB M (MM MM our mss tn is S«< 2J45 Hal war wmb aw »HMM MZ4M MB HZ4205 MB IBM MB aw MB —wb mm was ISvlXfMH Ml mo SDK ow
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    • LOGISTICS page
      • 475 30 It will continue to invest in region despite current economic slowdown Reuters [SINGAPORE] AIR and ocean freight Emery Worldwide will continue to invest in Asia-Pacific despite the current economic downturn as the region is expected to be a key driver for ftiture growth.
        Reuters; FILE PHOTO  -  475 words
      • 221 30  -  By P T Bangsberg HONG Kong Dragon Airlines, primarily a regional and China feeder for Cathay Pacific Airways, has joined Aeroxchange, an aviation electronic marketplace, a move it hopes will streamline logistics by cutting costs and time along the supply chain. The network, US-based
        221 words
      • 361 30  -  Beth Jinks Chemical companies are leading the way in outsourcing their logistics operations, according to big Singapore logistics giant YCH Group. Speaking after YCH was appointed to manage the South-east Asian and South Asian supply chain for Ciba Specialty Chemicals (Singapore) Pte Ltd,
        361 words
  • Page 21 Advertisements
    • 54 21 LOGISTICS PAGE Emery sees Asia-Pacific as growth Jk__.jp..* ***>• tyk- > r V r nN V *<v vx 3te v^ ,v #m* V~; V' S5 mm I.U-J mwni 1 11 ii. I. v 1 Danger of Ships of Shame still lurks in Australasia ?>-j Boeing files with tail wind in
      54 words

  • Page 22 Advertisements
    • 493 22 tWiHunuß—MP) autf loutxiMi Ex)K«»<t»W 5? ju —hs —ns I!£J WOBOMMAAM 111 H/07 H/O; »/07 05/ M miHB WV Q/M H/Vi moitflicK m ai/m m /m aa/m h/m OOQCMfOMA JSW3O M/M 1»/M 21/ M m I MTIVMO 471 M/M M/M 11/N 10/ M AMI eA«T {V>/|frf IMMMKI rtuno I KUWAIT t
      493 words
    • 581 22 Lines services represented by ftJaSfca Members of (be Registry of Mwnbers of the fcJlgjp!!' Accredited Shaping Agents. "jim* Sin 9 Q P or Singapore Shipping AssooaKon Association SULY UW MAil i-v if-*-vissa vor Ett itt n r.KUW SPOtf MAU Princess bly VO6Ol U/06 15/06 22/06 Empress Liiy VO7Ol 02/09 03/09
      581 words

  • Page 23 Advertisements
    • 703 23 TO USA (SAX SERVKE) VPSa VOT SMEW LAX OAI DAI ~HQU OM COt MiM JOT WTC 1031 M/M M/M 23/M H/M 23/M H/M 24/M 23/M 25/M 25/M 1031 IS/M M/M M/W M/M M/M M/M OS/M M/M M/M M/M Aft SCOTIAMD 103 22/M M/M l)/M ll/M ll/M ll/M ll/M ll/M ll/M
      703 words
    • 1119 23 **■> 1/IiWM 1 mum i/t iii Mrs I I T/T«l»—|c| I MuSmmtrnin ST 8E& m^ a *®i» ""a"®* RS-SSr "gSgJa "*g3g& CI NO: 117t7MOOOOM TH: W4 1 >00 (MAIN) *****U 2M53J9/49 PWA* SSITIW SSIS* *****0? /ISO ggg# wmroii tMMMW SSmOGfOMTf S W M HWIM -«>« ova U/2 n/ IV MMMMKE/nm
      1,119 words
    • 277 23 1 rasa m WT ai JP SB —ffi sg S3 —r— ggg-- Bftßfr KB SI mwm S3S wm mm sai b a iz/m ivm i//w iy/oi t \m LmmJj onthvwjw/m 'v Rsa^^jwrTss|«nnsons^a^^ MiWUf IMS IS/M IIM IVM ft/» [MKPftUK, 'Iff ?MI I I IMI lM|~i lowcjmmh I- I I I
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  • Page 24 Advertisements
    • 869 24 C SENATOR LINES TOBU >g TP MPOCI KAST/MAK/MD EiA wt_ SM UM m MB KM NV FU II Emm* 2US 212 22 22 £2 22 £2 SET ,J iSr~>Sr MMSMST «miw 22 MM 22 22 22 22 22 22? njl ,u *****? 222 ?J2 22 22 22 22 22 m
      869 words
    • 515 24 RotnANQ (oz)3eeme FeMNOrFDWei BANGKOK: (N2) *****87 S!nWW*mus£ll F. ttLAWa f»») MOM) I JKT{n)WOO« KUCHNQ (Mg)4244>1-3 MEW YORK PIRAEUS MV "SHENZHEN BAY" V.36E31 MV "PAO NEDLLOYD SCOTIA" V.1513 ETA SIN: 08-08-2001 ETA SIN: 07-08-2001 OINGPAO MADRAS MV "OOCL SAN FRANCISCO" V.07E29 MV "TIGER BRIDGE" V.908N ETA SIN: 11-08-2001 ETA SIN: 07-08-2001
      515 words
    • 395 24 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUNDTO COLOMBO ADM SHBft (CFS NUUSB. MJMAf) ALSO ACCEFTMG TO Ml MRTHEM MO WESTBW CO POBfTJ vGsanMK "tt [tmw|minTii Timl inniw Ihmmmi" WHM WM—I MfOSO saw* KMC lIMK ISMK MMMQM lISWSKI WTO WS IMUMMIOnss MM IJMK KMC BMK WO H mt&MM wwim rss OttlßlW TRIM It
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  • Page 25 Advertisements
    • 1239 25 IVfSSIi VOY KHH HOCO I SIN I H(l. I DX» Ml DMM MC WAN TAMATAMAiI PCI-218 31/07 01/00 04/04 03/09 12/09 13/06 15/06 17/09 MAN KfRMAN PCL-219 07/00 09/09 11/09 12/09 19/09 20/09 27/09 24/09 MAN ISFAHAN PCI-MO 14/06 15/00 18/08 !9/0« 26/09 27/09 29/09 31/09 IRAN HORMOZOAN PCI-221 21/O*
      1,239 words
    • 329 25 A k ILoidinghf^^^| NAZU G RDM/ATW/BMN/UK/LPL I TINA 1 RDM/ATW/BMN/UK/LPL I __^g^»Snßßpor» /W l^i1) Inrlon— J Loading for RAWER OBt/ABU/TXX/BRN/DMM/KWT PISCES EXPLORER JOVACWDMT AEGEAN SEA DQVAajAX»VBRN/DMM/KWT ALQAWTYYU JOVAOA RADIANT CANORUS ADN/HOCVJDH HAHMEANA JOH/AQA Tjoads Singapore. EVW. Mnliy—. Indonaw ILoadng tor 1 GEM Of TUTICOfdN MZL/LAX/VCW/VCB I CUOPAORC MZLAAXVCW I Toads
      329 words
    • 1208 25 mm 1 vo/ S« I SM*~ lee uo~ jassa air mi H ML omo ~177m IVM WW £B—sB8 —$8 fii z ITHAIHI mil-flUß—ia. I n/w _im 1W- SHSUST ™—fflS —IN —i^r jnwwu* |mn ivw is/w I i«/ot n/w n/09 tunSui SJT1 —07« nl ft* c*a>nq sangko* (tft) Ctmnt BAWOKOX (sap;
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  • Page 26 Advertisements
    • 1048 26 ElfOtT vBSa/WTAg S6T IMN MG IWV I TIT |g IMV [gtiKMamiw OVM aw &M &M BBBGMMCWMMMT PM wm an 31a» ■giaßßow«i ijl am W/W atw Ibromkoisdmhoo 17/ M «m «w> avw wm Imm KMV* lEXTORT Ivßsa/vona ssr i nu cna I ras Im I vtc 1 iks InaoKWMfil owl ivm
      1,048 words
    • 610 26 SINGAPORE PTE LTD w 15 McCallum Street #03-0!A)2 Natwest Centre Singapore *****5 Tel: (65) *****73 Fax; (65) *****66 Email: general®ecusin.eculine.net Website: http7/www eculine.net lohore Bahru Office -Tel: (07) *****18 Fax: (07) *****62 To ba^el/zurich f SWITZERLAND fO ALSO ACCEPTING INLAND PORTS: BERN GENEVE LAUSANNE ST.GALLEN LUCERNE CHIASSO LUGANO PLS CHIA
      610 words
    • 302 26 INPOWESIAWATIONALUN^J TO AUSTRALIA *1 I m m srt m "aw"' <a 'ai ra>N is tk/mw/m nmn/mn/m mmnm HT u/BM/M Mi SJM wi ~«g" B/871/B «/B U/H mnan «vw mm H/B FEEDER SERVICE TO INDONESIA Kg-IH "5T I Z IMB BINTANC MAS SHIPPING PTC LTD I IO "^^rsr^ar 3 ns» wT
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  • Page 27 Advertisements
    • 366 27 i BSA iL. M MYANMA \BBk FIVE STAR UNE (Mvmnt hfcwl UM) Lm*l far Ym«m vbsb «or II m KM PfiM HPA-AM 288W SD MON6U 48W SU ■AIATSIA AGOfTV miSTIAO SWPPMB AGBKKS IML TH 81-*****M8 Nh IB 83-SI7MIOI IB M-MIMCt Nik IB 87-2512M1/4 BANK LINE (A sarvk* tf Aadrtw Wtlr
      366 words
    • 939 27 HMIW* JjYUNDAI MERCHANT MARINE CO., LTD. WSiB WT SB SOM 111 II AM MAI BV |VBSB V 0? IMMI II I HTM Mil mm TV f'TIH ££££2 ]22 525 2£ a/m nm EE®" W W WW M/ 08 M/ 08 am nm nm *m v/v n/u HTMMB BOW OS/W 27/01
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    • 776 27 vftr WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA 'CAR RORO HIAVYUFT SERVICE' Ivßsa vor iranf hbght iailtr I mm I mia 1 sav Iml on I myc \m*\ mm 222* 2115 i 2 22! UK n/ 14/ M 14/ 2fSJ»r I J2S!I {*2 f 4^ 10 #7/1# n ,2 ,4
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  • Page 29 Miscellaneous
    • 127 29 11 je LEGEND: Issued by Meteorological Service Singapore K Thunderstorm Showers o /^s- Rajn Temperature C.—/ Wind direction and speed in knots Cloudy Day W<, ,he o*o Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds Imm, j S)ight < 1
      127 words

  • Page 30 Advertisements
    • 53 30 AvfaittoH ntwSf sirofvft weather nap are MM* Just In Time With DHL s efficient inventory delivery, you save on warehousing. That way, your profits go up, your boss's confidence in you goes up, and DHL delivers a boost to your career. For more. just call DHL at 1800-285 8888 or
      53 words