The Business Times, 9 June 1978

Microfilm: NL9737
Total Pages: 16
1 16 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 218/1/78 FRIDAY, JUNE 9, 1978 SO CENTS
    11 words
  • BRIEFLY...
    • Article
      Lock icon Bahrain ties
      66 1 AP BAHRAIN, Thursday. Mr. Lee Kuan Yew said today he expected closer economic and financial cooperation to develop between Singapore and Bahrain as a result of his four-day visit here. Before departing for Iran, the Prime Minister said that both sides had taken measure of the other's potential
      AP  -  66 words
    • Article
      Electoral pact
      46 1 KUALA LUMPUR, Thurs. Four opposition parties have concluded an electoral pact not to contest against one another in Selangor and the Federal Territory (i.e. Kuala Lumpur) In the coming elections. The parties are: Pekemas, Klta, the Malaysian Workers Party and the Socialist Democratic Party.
      46 words
    • Article
      Lock icon Dealing with MNCs
      70 1 Reuter. KUALA LUMPUR, Thurs. Malaysia today called for greater cooperation among developing countries in dealing with multinational corporations to prevent the countries giving away more than necessary to these corporate giants. Finance Minister Tengku Razalelgh Hamzah made the call in opening a three-day seminar of a UN
      Reuter.  -  70 words
    • Article
      Promet's latest
      31 1 PROMET Shipbuilders, with a recent string of successes in West Asia, has landed yet another contract, this time worth $44.9 million, to build harbour jetties for Venezuela and Indonesia.
      31 words
    • Article
      Lock icon MLR raised
      74 1 UPI LONDON, Thurs. Minimum lending rate (MLR) was increased by one per cent to 10 per cent and the special deposits scheme has been reactivated, the Bank of England announced today. 'This 1s the first change since Chancellor of the Exchequer, Denis Healey, announced two weeks ago that
      UPI  -  74 words
    • Article
      Lock icon Log exports cut
      77 1 AFP KOTA KINABALU, Thurs. Members of the South-east Asia Lumber Producers Association have agreed to reduce log exports to Japan to nine million cubic metres in the second half of this year. A statement issued today at the close of the eight council meeting of the association
      AFP  -  77 words
    • Article
      Asean-Japan review
      52 1 THE foreign ministers of Asean and Japan will review regional industrial projects when they meet later this month in Bangkok. A Thai Foreign Ministry announcement yesterday said the June 17 meeting will also discuss Japanese import tariffs and the question of greater access of Asean goods into the
      52 words
    • Article
      Lock icon Hang Seng soars
      33 1 Reuter. HONGKONG, Thurs. Massive resurgence of interest in the Hongkong stock market has pushed the Hang Seng index above 500 points, its highest level since the end of 1973. Reuter.
      Reuter.  -  33 words
    • Article
      Lock icon Dow Jones
      60 1 UPI NEW YORK, Thurs. Stocks, battling profittaking pressures, forged higher early today in fairly active trading as investors waited for the Federal Reserve to report on the nation's money supply. The Dow Jones industrial average was ahead 0.87 point to 862.78 around 11 a.m. Advances led declines, 608
      UPI  -  60 words
  • Chief Price Changes
    • Article
      In Singapore yesterday
      128 1 Rises H K Land 400 +40 Bouitetdco 208 17 C*C 420 10 FAN 454 +4 M Cement 210 +3 DBS 370 +2 Shangri-La 362 +2 PMC 312 +2 Time* Pub 308 +2 Wearnee 280 +2 A Enterpriaea 278 +2 Falls GuinncM 560 -40 Strait* Trading 660 -30
      128 words
    • Article, Illustration
      In Kuala Lumpur
      171 1 Falls Ca»tle field 10.30 -.40 KG Hold. ISO -.13 Rahman Hyd 4.40 -.12 Lien Hoe 1.99 -.11 W Jacks •1.40 -.10 EMOOH 3.04 -.10 Sg Beat 6.05 -.10 A Hitam (Tin) 10.20 -.10 M I lad 2.01 -.09 A Amal 4.82 -.08 Rittt C and C 4.28
      171 words
  • Article
    Sanwa's Asian dollar CD popular
    176 1 SANWA Bank's US$2O million (Ss46 million) floating rate negotiable certificates of deposit issue has been heavily oversubscribed. Mr. Nigel Melville, Singapore general manager of Baring Sanwa, said the issue was widely placed throughout East Asia, West Asia, and Europe. Banks and financial institutions took up
    176 words
  • Article
    NO ROOF TO CALL THEIR OWN
    159 1 MORE than half of Singapore's population do not own the houses they live in. This is one of the findings of the Statistics Department's survey of households carried out in April and May of last year. The figures, contained In a recently released report
    159 words
  • Article
    Towards full integration in electronics
    656 1  -  PRODUCT DIVERSIFICATION By RAHIM KASSIM SINGAPORE'S growing electrical and electronics industry is well on its way to meeting the Republic's aim of achieving full integration of the industry. Top priority has been given to the manufacture of electronic products such as central processors, electronic communication
    656 words
  • Article
    No foreign funds for Changi airport
    679 1  -  By SOH TIANG KENG THE $1.3 billion Changi International Airport, which will be operational in 1981, will be financed wholly by the Government. Mr. Sim Kee Boon, Permanent Secretary {o the Communications Ministry said there will be "no direct government borrowing" from financial institutions
    679 words
  • Article
    Allow more yen bonds
    194 1 WORLD BANK President Robert McNamara, now in Japan, proposed an expansion of the Tokyo capital market by allowing developing countries to float more yen-bonds. In a meeting with Bank of Japan Governor Tellchlro Morlnaga, Mr. McNamara also suggested that Japanese commercial banks should increase lending to
    194 words
  • Article
    Lock icon Taiwan confident of double digit growth
    349 1 AFP TAIWAN'S economic growth it expected to reach a high 10.41 per cent for the first half of the year, according to an official report. The Director-General of Budget, Accounting and Statistic* envisions a 10.31 per cent growth rate for the second quarter compared
    AFP  -  349 words
  • Article
    MBL stakes in two New Zealand breweries
    611 1  -  •y TERESA LIM MALAYAN Breweries has taken up sizeable blocks of shares in two New Zealand breweries through its recent activity on the New Zealand Stock Exchange. It is now the single largest shareholder In both Dominion Breweries of Auckland and Lion Breweries
    611 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      7 1 COPIES ANYTHING FITS ON A TABLE-TOP I
      7 words
    • Advertisement
      Page 1 Advertisements Column 2
      148 1 When all banks the same, ACBC service makes the difference. Everyone knows that all banks offer pretty much the same facilities to their customers. But what makes one bank better than the other is its service. Whether you are opening a letter of credit or you need introductions to foreign
      148 words
    • Advertisement
      Page 1 Advertisements Column 3
      66 1 PEOPLE in hminrsi 2 NATURAL boonce returns to i nljlw 7 THE obsolete factor in SECOND liner's* hocthe technology transfer 2 HiyJtgfct v U BRITAIN'S disguised sab- 11 sidies to its shipßOf industry 5 SAMUEL MONTAGU brace AUMKB may hav. a flaky problem 6 trenda 12 CROSSWORDS 2, MEMOPAb 2,
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      Page 1 Advertisements Column 4
      3 1 See Page 2
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    • Advertisement
      Page 1 Advertisements Column 5
      96 1 SINTAT Rent-a-Car Singapore: *****55. *****5 (Airport) Kuala Lumpur: *****4 Pwxjng: 2570. Kuonton: ***** Catch the super speed special from Oc6 f Oce-Hagemeyer has a real special from Holland. After tremendous success in Europe and America, the Oce 1700 is now introduced in Singapore. Revolutionary flash exposure combined with Oce's special
      96 words
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      Page 1 Advertisements Column 6
      3 1 Leader Page 6
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  • TRADE AND INDUSTRY
    • Article, Illustration
      Don't depend on West for technology
      564 2  -  By RAHIM KASSIM THE FAST rate of technology obsolescence is making it dangerous for developing countries to depend on the industrialised nations, for in most cases, it Is out-dated technology that is being transferred. Therefore, the developing countries should develop their own research and
      564 words
    • Article, Illustration
      HAVE PHONE WILL TRAVEL
      81 2 SI NT AT Rent-a-Car has introduced automatic pushbutton telephonies in its chauffeur-driven cars. Clients in these chauffeured cars can place instant and direct calls within Singapore. There is no charge for this service. Sintat's managing director, Mr. Khoo Kay Eng, said: "From now on, clients travelling
      81 words
    • Article
      Australia sets 51 pc equity condition
      114 2 AUSTRALIAN based companies with 25 per cent or more Australian ownership will be able to proceed with new mining projects in their own right if they agree to increase local equity to 51 per cent under modified foreign investment guidelines announced by Treasurer John
      114 words
    • Article
      Textile duty plea to KL
      317 2 MALAYSIAN textile importers would like to see import duties harmonised and more factories approved by the government to enable importers to get adequate materials abroad and domestically. This stand of the Federation of Textile, General Goods and Garment Merchants Association of Malaysia was expressed by
      317 words
    • Article
      Belgium and South Korea pledge to boost ties
      351 2 BELGIUM and South Korea have pledged to strengthen further bilateral trade relations. This was -revealed in a communique issued yesterday at the end of a six-day annual meeting of the Belgium-Korea Economic Cooperation Committee in Seoul. In the communique, South Korea expressed
      351 words
    • Article
      Lock icon China optimistic of trade boom
      141 2 UPI CHINESE Foreign Trade Minister Ll Chiang has predicted a boom period in China's foreign trade, emphasising the importance of trade contacts with Third World nations and the advanced technology of Western Europe, Hslnhua News Agency reported on Wednesday. "With the expanding national economy and
      UPI  -  141 words
    • Article
      Lock icon Hongkong in search of trade El Dorado
      686 2 Reuter, AP HONGKONG, which sends almost half its exports to North America, has turned its eyes to Latin America as a possible trade ElDorado. Two top-level missions have been touting Hongkong's best known wares textiles, electronics and toys around the continent In a
      Reuter,; AP  -  686 words
    • Article
      MICHAEL YEO CHAIRS SMA AGAIN
      100 2 MR MICHAEL Yeo of Yeo Hlap Seng has been reelected chairman of the Singapore Manufacturers Association at a meeting of the executive meeting this week. Other office bearers are first deputy chairman, Mr. Eric Gwee of Esso Singapore; second deputy chairman Mr. Lam Sheumg Llm
      100 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      298 2 VOLVO Far East has appointed Mr. Robert Selander marketing manager for Its buses and public transport systems. The appointment Is part of a development programme by Volvo in this region on Its production and marketing efforts. Mr. Selander, 33, Is a graduate of the School of Economics
      298 words
    • Article
      Lock icon Taiwan's watch industry a top performer
      238 2 Reuter. UPI. TAIWAN Is among the world's leading exporters of electronic digital watches Just three years after the first one came off the production line. The Central News Agency said In a detailed progress report yesterday that annual output was now nearlng 10 million
      Reuter.; UPI.  -  238 words
    • Article
      Lock icon Japan's car imports up
      58 2 Reuter. SALEB of imported can In Japan in May rom 30.4 par cent to 4,367 froir May Pat year and compared with 4,297 in April. The Japan Automobile Importers Association said total car sales In May, including imports were 103,616, down from 206,961 In April but
      Reuter.  -  58 words
    • Article
      MEMO PAD
      350 2 COURSES AND TALKS May 8-Aug 17: Aust Insurance Institute Assoclateshlp Course, SITC, SITC May 15-June 15: Compensation Employee Benefits, Hilton, POD June 1-9: Mngt course, RELC, Arthur Young Co June 5-July 29: Life Agents Certificate Course, SITC, SITC June 8-22: Personnel guidelines policies, Hilton, POD June 9-10: Understanding
      350 words
  • Page 2 Advertisements
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      534 2 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS Oentle tempter of a swimmer (6) Novel covering for the face (4. 4) Shrewish kisser (4) Big-head at the golf club (6) A hard back (6) Country ale. possibly (3) Relaxes In restricted areas, especially (5) Shakespeare's testament? is too slow to get a kiss
      534 words
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  • OVERSEAS
    • Article
      Lock icon US business to jack up capital spending
      1051 3 CREDIT TIGHTENING FEARED Agencies US businesses will spend more on new plant and equipment this year than previously expected. The Commerce Departpent said businesses plan to »R en< US$l5l billion (***** billion), an 11.2 per cent Increase over last year and a 0.3
      Agencies  -  1,051 words
    • Article
      Dire effects if New York goes bust!
      234 3 US TREASURY Secretary Michael Blumenthal said the effects of bankruptcy on New York City, the state, the market for municipal securities and foreign confidence in the US would be very serious. He told the Senate Banking Committee on Wednesday that a concerted effort
      234 words
    • Article
      Lock icon SEC takes tobacco giant to court
      136 3 NYT THE US Securities and Exchange Commission on Tuesday charged R. J. Reynolds Industries, a holding company and major tobacco producer, with illegally using corporate funds to make political contributions to several congressional and presidential election campaigns from 1964 through 1972. The allegation, in
      NYT  -  136 words
    • Article
      Lock icon California acts on tax revolt
      371 3 Reuter. CALIFORNIA yesterday took emergency steps to offset its taxpayers' revolt but state legislators predicted as many as 75,000 government employees may soon be out of work. By an overwhelming majority of nearly two to one, Callfornlans voted on Tuesday to cut their property taxes
      Reuter.  -  371 words
    • Article
      Lock icon TRANSFERS TO C-MART HIT UK DEFICIT
      357 3 Reuter. BRITAIN recorded a first quarter balance of payments current account deficit of £305 million (511.3 billion) compared with a fourth quarter 1977 surplus of £486 million, official figures show. The £85 million upward revision in the first quarter deficit compared with the monthly
      Reuter.  -  357 words
    • WORLD IN BRIEF
      • Article
        Lock icon AIRBORNE INVASION
        491 3 Agencies. UNITED Nations experts said that an Invasion of locusts In Somalia and Ethiopia has become critical and could spread Into a major plague In Africa and Asia. If uncontrolled, these swarms will reproduce during June-September in Ethiopia, Somalia and Sudan and the progeny will invade Kenya and
        Agencies.  -  491 words
    • Article
      Lock icon New EEC measures vital to steel industry
      146 3 AP TH^^urepwiiCeiiußeß Industry hU tbat rriiwi output Iwih mt quarter mw pricing Wiiuu «ycfd to go into eflbct ®**t weak irt ssssntlsl to |wm Job* la the European tool industry and help in its Davigaen •aid on Wednesday he hoped irsssi by early
      AP  -  146 words
    • Article
      Lock icon Bombay High set to flow ashore
      150 3 Reuter. OIL from India's first offshore field off Bombay will begin to flow ashore through a newly laid underwater pipeline next week. The US$75 million (***** million) pipeline network, measuring 203 km long, was built with the help of an American company, and was
      Reuter.  -  150 words
    • Article
      Lock icon Foreign-held dollars America's bugbear
      939 3 AP, NYT. THE US government is deeply concerned about the lack of control over the approximately US$5OO bltllon (3SMSO billion) held outside the country. "It's one of the greatest worries at this time it's the most serious threat to us in terms of currency actions," said
      AP,; NYT.  -  939 words
    • Article
      Lock icon DRILLING IN BALTIMORE CANYON DISAPPOINTS
      617 3 NYT. THOSE fancy prices major oil companies paid for drilling sites In the Baltimore Canyon off New Jersey are a source of some disappointment at the moment. The Continental Oil Co. has Just announced that It reached its planned depth of 3,660 metres In the
      NYT.  -  617 words
    • Article
      Lock icon More cuppa for all next year
      268 3 AP WORLD coffee production is expected to be up sharply next year to an estimated 74.0 million bags, the largest crop in four years, the US Agriculture Department said on Wednesday. In its first estimate for the 1978-79 season, the UBDA Foreign Agricultural Service
      AP  -  268 words
    • Article
      Lock icon Bell goes and Xerox wins first round
      248 3 Reuter XEROX Corp won the first round of the year-long antitrust battle with BCM Corp, when a nine-member Jury In the Hartfort, Connecticut federal court rejected part of SCM's monopoly charges against the giant manufacturer of copier machines. After a week of deliberation.
      Reuter  -  248 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      206 3 Wake up exhausted? Sleep Deep Without drugs TV SLEEPWE I L M.i'jnettc P-!!ow volt.. li.ivr a rt!slU:' s!»'e; You wake up ready to ijo' The SLEEPWELL Wi.j'H'tu Pillow W( )T k•> ()f} ,j Stdlic mAjnefic fu>U pnno:>!r Gently von \.> klttfnes .if Hi f s ret,.. irt-ii Vou |ust "*st
      206 words
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      Page 3 Advertisements Column 2
      119 3 i MM* I I YOU NEED AN INTERCOM YOUR RECEPTIONIST NEEDS AN AIPHONE When you instai an Aiphone In tercom System in your office, your Receptionist can actually stay at the front desk Instead of chasmg you down, she can push a button and page Vour Receptionist needs an Aiphone
      119 words
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  • RAW MATERIALS
    • Article
      LOCAL AND FOREIGN RUBBER
      414 4 OPENING prices yesterday were marked down In the Singapore rubber market following lower London advices, but sellers were reserved and some trade buying and short-covering emerged. Some Jobber profit-taking also emerged, but was well absorbed. Some SMR 20 for October/December shipment was transacted at narrow differentials.
      414 words
    • Article
      RAS PRICES
      300 4 R.A.S. prices In cent* per kilo yesterday: Noon (per kilo) Clow (per kilo) Int. 1 R.S.S. prompt f.o.b. Int. 1 R.S.S. June Int. 1 R.S.S. July Int. 2 R.S.S. UK/Cont. Int. 3 R.S.S. UK/Cont. Int. 4 R.S.S. UK/Cont. Int. 5 R.S.S. UK/Cont. Buyers 224.25 224.25 224.25 215.50 214.50
      300 words
    • Article
      SSR AND SMR
      88 4 NOON SSR and SMR prices yesterday: HAS Am (Currant Mth) July (Forward Mth) '(emu par kg) 'CWU ip«rk*> SSR 20 (1-ton Pallet) 200.00 211.00N 210.00 212.00N SSR SO (1-ton Pallet) 207.00 206.00N 208.00 210.00N M.R.E.L.B. July August SMR5CV (1-ton Pallet) 238.00 240.00N 238.50 240.SON SMR SL (1-ton
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    • Article
      Closing prices
      30 4 Bubbar: June I Singapore: June 224.90 conta (down oat seat) Malaysia: July 229.75 casta (up 2.25 cants) Tin: Ml 1,671 (fewaSM) Official offering 343 tonnos (ap 93 tostnoa)
      30 words
    • Article
      Rice
      201 4 BANGKOK rice prices were quoted as follows yesterday: (US dollars per tonne FOB basis Bangkok): Whit* Rice: 100 pet 1 St Class 442. 100 pet 2 nd class 427, 100 pet 3 rd class 422. 5 pet 413. 10 pet 400. 15 pet 302. 20 pet 387. 25 pet
      201 words
    • Article
      Produce exchange
      332 4 THE SINGAPORE produce market held steady in quiet trading yesterday. Activity in the coffee market eased. The slack in business, however, did not manage to depress prices. Buyers were cautious following the mixed trading on overseas market. The London market recovered after irregular trading while the New York
      332 words
    • Article
      Coffee
      151 4 ROBUBTA futures In London were quietly traded yesterday and ended the opening call slightly steadier around the session's highs, but still £21 to £7 per tonne down from Wednesday night. Dealers said values Initially opened, but dealer and some light trade buying lifted values from the lows. Brazilian frost
      151 words
    • Article
      Cocoa
      133 4 COCOA futures in London opened unchanged in forward positions to £15 higher in near July in trading of 594 lots yesterday. Initial trading In July was £8 higher and in line with earlier expectations, but rose during the fall for gains of over £20 at one stage. Dealers said
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    • Article
      Palm oil
      82 4 C.I.F North European ports, in US dollars per ton unless otherwise LONDON: W«da—day Previous Malaysian 5H ffa bulk per tonne Aug 610 sir 608 sir Sumatra 5% ffa bulk June unch 715 sir Jly 870 sir 672.50 sir August 617.SO sir 620 sir September unch 505 sir October
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    • Article
      Sugar
      192 4 SUGAR futures in London yesterday morning opened 20 to 80 points above Wednesday afternoon's close. The small gains were in line with Wednesday night's final prices on the kerb. By mld-mornlng, further small gains were seen. London dally raws and whites prices were unchanged at £102 and £109 respectively.
      192 words
    • Article
      Wheat
      66 4 WHEAT futures on Wednesday reduced earlier losses In late trading, closing US 51/4 to four cents a bushel lower In Chicago, but two to three cents above the day's lows. Prices declined In early trading when commercial selling prompted local selling and the market slipped Into commission house sellstops.
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    • Article
      Soybean
      61 4 SOYBEAN product futures In Chicago finished Wednesday's session with losses after soybean oil led a retreat across the soybean complex. Closing oil prices reflected losses of U50.97 to 0.65 cent a lb, with September and October up from one cent limit losses posted earlier. Meal closed $0.70 to $2.00
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    • Article
      Duty rates
      69 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from June 8 until further notice: Rubber: cent* per kilo Cam: MSMI 06 a ton Paha Kernel: M 5239 03 a ton The rales of duties payable are: Rubber 42S cents per kilo (research cess one
      69 words
    • Article
      Straits tin
      185 4 THE STRAITS tin price In down to 11,671 per plcui on an official offering up 03 tonnes to_ 363 tonnes. In LONDON yesterouy, tin closed unchanged for cash and £17 up for three months standard while high grade was £52 and £20 higher respectively. Values were marked down
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    • Article
      Copper
      262 4 COPPER wirebars In London finished the morning with losses of £7 for cash and £6.5 for three months yesterday. Three months started the ring trading at £768 per tonne, but the lower levels attracted moderate shortcovering which steadied It to £772.5 on the late kerb. Sales of 6,550 tonnes
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    • Article
      Hongkong comex
      191 4 THE SUGAR futures market yesterday recovered from an early fall on commission house buying towards the close. Prices ended around Wednesday's close. Turnover rose to 19 lots from seven on Wednesday, while the Hongkong dally spot sugar price eased US 0.05 to 7.35 cents. SUOAR futures closing prices:
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    • Article
      SPOT PRICES
      162 4 YARN and cotton in Hongkong dollars, spot ex-godown: Cotton Vara: China Blue Phoenix 20 s 1.715. 32-s 2.150. 40'S 81.00. (per bale of 400 lbs). Ptoea Gooda: China Butterfly and Olobe Brand unq. Dragon Head unq. Five Lambs unq, Flower and Butterfly unq. Flying Geese unq. (per piece
      162 words
    • Article
      Gold
      428 4 THE KHOBAR In SlngaBre yesterday opened at 13,094. With good support from overseas, after the IMF auction, the market rallied throughout the day to close at $13,803, Its highest for the day. Spot gold for London delivery opened at U*****.70/ 182.00. Shortcovering and fresh speculative buying brought the market
      428 words
    • Article
      Silver
      177 4 SILVER on the LME was 1.9 to 2.1 pence per troy ounce up on Wednesday afternoon. Modestly lower afternoon levels reflected the trend at New York. Earlier, the market had firmed on the overnight close at New York and the steadier trend In gold after the morning fix. In
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    • Article
      Zinc
      56 4 ZINC yesterday ended the morning with losses of for cash and £3 for three months in London. The general decline prompted moderate liquidation, but sufficient shortcovering Interest developed to hold the market steady at the lower levels. On Wednesday afternoon, zinc lost £2.5 per tonne for cash and £3
      56 words
    • Article
      Lead
      55 4 LEAD yesterday finished the morning unchanged from previous closing ring levels in London. Prices were depressed Initially by profit-taking following the dip in copper, although losses were recouped In the ring under short-covering and nearby trade buying. Three months traded from £342 in the premarket and early ring up
      55 words
    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        523 4 THERE was active trading In the yen and mark counters on the foreign exchange market yesterday. The US dollar weakened against all major currencies. Opening at the 220.90/00 level here, the US dollar moved down about 20 points at lunch-time but recovered shortly after lunch. When London opened,
        523 words
      • Article
        London
        170 4 THE DOLLAR extended recent weakness, opening ehghtly weaker yesterday, partly affected by Fed ohaiVwmi William lilller's comments that It Is not possible for the US f < *TT > t"ilTt*'Mf'Ti to impose credit controls. Some dealers suspected central banks In Europe may have supported the 08 unit at times
        170 words
      • Article
        Asian $ and CD rates
        209 4 Asian and CD rates ASIAN currency deposit rates as at close on June 8 interbank US Dollar* (Spot) Offar Bid 7 days 1 mth 2 mths 3 mths 6 mths 9 mths 12 mths .7 3/4 .7 13/18 .8 .8 1/8 .8 9/18 .8 11/18 .8 3/4 7 5/8 7
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      • Article
        Discount
        43 4 RANGE of prices offered by discount houses on June 8 Overnight 3** Call deposit* 3*4* Closimf »uyiaf 3-month Treasury bills 31/4 3-month Bank bills 5 3-month CD 51/16 6-month CD S 5/16 31/8 4 7/8 415/16 53/16 Source: National Discount Co Ltd.
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        MLR
        21 4 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 7 per cent.
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      • Article
        New York
        119 4 THE DOLLAR finished little changed from its opening leveu after a day of erratic, but fairly quiet trading on Wednesday. Dealers said the US currency fluctuated in a relatively narrow range as it tried to find a trading level and as the market waits for some new developments
        119 words
      • Article
        Tokyo
        80 4 THE US dollar for overnight delivery closed slightly lower at 220.90 yen yesterday, compared with a 221.10 opening .and 221.25 at Wednesdays close. Trading volume'was a moderate U***** million. The dollar fluctuated narrowly in light late trading between 220.80 and 220.90 following early easiness, dealers said. The dollar for
        80 words
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        Hongkong
        109 4 THE US dollar eased slightly In fairly quiet trading yesterday, wltn no opinion forming about future trends. The US unit eased to close at Its day's low of 2.0878/88 marks from Its 2.0895/05 New York close and 220.00/75 yen from 220.95/05. Sterling was unchanged at Its U551.8215/25 New York
        109 words
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        Zurich
        52 4 ZURICH exchanges closing quotes on June 7. 08 1.NK-MM 8*8 3 4750-4791 can imm-nn Dm* *1 J987-414J Dfl 88.1400-254? rtr tin im Bfr 5.6312-8304 Dkr 33 7483-7919 Mkr 36 168a- 2062 Skr 41.1160-1561 Lit isu-au An* ach 12 6M6-70&2 Port 4.1827-1751 Spain 2 3M1MM Art 0 24-0 34 Ten
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      • Article
        Australia/NZ
        39 4 AU8TRALIA/NZ exchanges quoted on June 8. AUSTRALIA: us dollar 1.UM/1.1SN Starting I MM.IIM U8 doUars t .lM Wlnety-dey tanart bajing nw MMShjm US do&n 1.1388 XIV ZXALAND: Starting MNMJM U8 dollar 101M/100M Ntnety-daj airmail buying rata*: UVdSLr 1.8487
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      967 4 CkmicalU Chemical New York Corporation and Subsidiaries Head Office: 20, Pine Street, New York, New York *****. Consolidated Statement of Condition Cash and Due from Banks Interest Bearing Time Deposits with Banks Investment Securities U S Treasury and Federal Agencies Obligations of States and Political Subdivisions Other Trading Account Securities
      967 words
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  • TRANSPORT
    • Article
      Lock icon Japan plans to lease jumbos to KAL
      245 5 AFP JAPAN plans to buy three Boeing 747 Jumbo Jetliners from the United States and lease them to Korean Air Lines (KAL) as part of "emergency imports" to slash its huge trade surpluses, the Asahl Shlmbun reported yesterday. The paper quoted government sources
      AFP  -  245 words
    • Article
      Farnborough air display
      259 5 ABOUT 420 companies from the UK and overseas aerospace Industries will take part In a flying display and exhibition to be held at Farnborough airfield, Hampshire, from Sept 3 to 10. The Society of British Aerospace Companies, which is organising the display, said over the weekend that
      259 words
    • Article
      Lock icon May freight indices
      75 5 Reuter. NORWEGIAN Shipping News has announced in London its worldwide indices for May, with April comparisons: Dry cargo single voyage charter 147.9 versus 135.3 and time charter 197.3 against 189.7. Tankers VLCC/ULCC rose to 20.3 from 19, medium crude carriers rose to 48.9 from 45.8, small crude
      Reuter.  -  75 words
    • Article
      Britain attacked for disguising subsidies
      711 5  -  MORATORIUM ON LOANS By TERESA LIM SHIPPING lines In Britain may now be accused of unfair competlton, a charge which UK shipowners, along with their European counterparts, had levelled against the Soviet merchant fleet. This strange turn of events came about when the British government
      711 words
    • Article, Illustration
      PAPERWORK BEATEN
      187 5 A NEW elevator device for Cuter handling of paper roll* and palp units ha* been fitted en two specialised Japaneee-built ships of a New Zealand company. Teaman Pulp and Paper Co. Ltd. Developed by the Norwegian T»»y Total Transportation Syetema (International), the device will aeve Him by eliminating
      187 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      645 5 ARRIVALS Service Local Operator Number Time From GIA GA944 1055 PKU GIA GA908 1100 MES GIA GA895 1110 AMS/CDG/BOM PAL PR501 1125 MNL RBA BI325 1155 BWN GIA GA982 1200 HLP SN SN287 1200 BRU/DXB/BKK SIA SQ240 1210 MES SIA SQ201 1245 HLP MAS MH684 1250 KCH
      645 words
    • Article
      Lock icon Dearer on land and sea for Koreans
      315 5 UPI, AFP SOUTH KOREANS will have to pay more for fares for chartered bus and coastal passenger ships,and freight charges for coastal lines will Increase 20 to 30 per cent from Monday. The Transport Ministry said chartered bus fare will ro up from
      UPI,; AFP  -  315 words
    • Article
      CLYDE EYES GREEK YARD
      138 5 CLYDE DOCK Engineering, the UK shlprepalrlng company formed last year, Is interested In buying the Neorion Shipyards on the Greek Island of Syros. Mr. Rankin Durnln, the company's financial director, has visited the yards, which closed down in March, but negotiations are still at a very
      138 words
    • Article
      Lock icon Flying start for Thai this year
      295 5 AFP, AP THAILAND'S national nag carrier, Thai international (Thai), is enjoying good business this fiscal year with profits during the first six months at over 110 million baht (8112.65 million). Thai managing director Air Chief Marshal Choo Suthlchote noted that the profits of the
      AFP,; AP  -  295 words
    • Article, Illustration
      SHIPS IN PORT
      398 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Car Liner No. 2 (Car carrier) (1200 after Fortune Victory) 10/11 Fortune Star (0300) 6/7 Hand Yang (0700 after Pabloeverett) 25/26 Hul Yang (1500 after Benvannoch) 1/2 Maritime Shoun (1000) 15/15 Nedlloyd Slmonskerk (0100) 3/4 Pan Shan (1200 33/34 Panteleymon Lepeshlnsky (1100)
      398 words
    • Article
      Lock icon LONDON FREIGHT
      99 5 UPI. MAIN Interest on Wednesday's freight market was evidence of reduced payments to US Golf grain loaders working June cargo to Holland, the Black Sea and Japan. The Mare Llgure accepted the sllKhtlv lower figure of US$7.l5 (FIO) while larger increases were noted in the payment of $12.95
      UPI.  -  99 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      18 5 SINTAT Rent-a-Car SINGAPORE AIRPORT TEL *****5 CITY TEL *****55 Call us foi you local or onward reservations -VT
      18 words
    • Advertisement
      Page 5 Advertisements Column 2
      236 5 Mathematics and Statistics Statistics in Action: Peter Sprent This book is intended to interest the general reader who wants to become familiar with this subject, as well as a prelude to further study and a complement to formal elementary textbooks for those who wish to go to statistics in more
      236 words
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  • Article
    Advice seems paradoxical
    533 6 IT IS, to say the least, a little disconcerting to hear a senior member of the Government assert that It Is dangerous to depend on technological transfers from the developed countries. This, said at a time when Singapore's investment officials are trying so hard to attract high-technology
    533 words
  • Article
    An example to be emulated
    161 6 MALAYAN Breweries Limited (MBL) Is one of the few companies which have taken to heart the Government's advice to Increase Investments abroad. It has an Impressive track record already, with Its Interests In Australia, New Zealand, and Papua New Guinea, to name Just a few.
    161 words
  • Article, Illustration
    Can Australia defend her fish?
    1473 6  -  AUSTRALIA is finding that foreigners know far more about its fishing resources than Australian* do and showing every bit as much interest in them too. Australia is about to extend its 22.2-km fishing sons to 170 km around its coasts but there is room far
    1,473 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      303 6 m mm si iTi 1111 Jk' M smoapura FORUM HOTEL m Orchard Itoad. B'pm I. Tel: STIIIS W <£ H Sze Chuan Room A TREAT OF SZE CHUAN FOOD AT THE SZE CHUAN ROOM Is a heavenly delight prepared with care In the meticulous tradition of Sze Chuan Cuisine. You'll
      303 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      60 6 IWEATiHER OUTLOOK for Singapore from 6a.m. to noon today: Mainly fair. Report for 24 hours prior to 7.30 p.m. on June 8 at the airport. Maximum Temperature 32.1° C Associated Humidity 67. Minimum Temperature 23.5° C Associated Humidity 95. Hours of Sunshine 3.56. Rainfall in Millimetres Trace Total Rainfall for
      60 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      257 6 SINGAPORE 5 3.00 PM Opening announcement followed by housewives' matinee Iron-punch Contest (Repeat) A Mandarin film 4.30 Intermission 6.05 Opening announcements followed by Exercise With Gloria" 6.30 News in Brief 0 6.35 The Tony Randall Show Case: Philadelphia Triangle 0 7.00 Tinjauan (Malay) 0 7.30 News and Newsreel in Tamil
      257 words
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  • Article, Illustration
    MORE ROOM NOW FOR RUBBER TO BOUNCE
    1433 7  -  ANTI-POLLUTION measures in the industrialised nations, combined with the higher cost of petroleum feedstock, have made synthetic rubber less attractive, and consequently improved prospects for natural rubber. Following hopefUl signs that a consumer-producer International Natural Rubber Agreement will indeed materialise, it is not
    1,433 words
  • Article
    STRAWS IN THE WIND
    392 7 I SAW a food stall near the ''Immigration offices at Empress Place the other -day, called the "Jangan Lupa Goreng Pisang" quite a mouthful or the "Don't-forget Our Fried Bananas" stall. Rather like a dumpling counter I caught sight of this week, called the "Come Every
    392 words
  • Article
    Inflation puts brakes on productivity
    923 7  -  [FORUM r ...on economics »y JERRY FLINT Jerry Flint is an economic writer of Neva York Time*, PRODUCTIVITY helps keep Inflation In check, or so economists say. Now, as If there were not enough problems In achieving productivity gains, there Is a new worry: Inflation
    923 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      315 7 TODAY lunch at OKOH *—*m J* 3 branches for your convenience SINGAPORE OKOH Supreme House, Penang Road. Tel *****1 OKOH OF GINZA Hong Leong B'dg Raffles Quay. Tel *****81 KATSURA Orchid Inn, Dunearn Rd Tel *****2 ft Feast at thaJ m 9 2t You 11 ten like royalty at the
      315 words
  • Page 7 Miscellaneous
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  • INTERNATIONAL STOCKS MARKETS
    • Article
      Lock icon Index recovers
      591 8 TOKYO Source: DBS-Daiwa THE Nikkei Dow Jones Average recovered the Y5.500 level for the first time in a month yesterday. Incentive-backed Issues and non-margin stocks continued to rise. However, forerunners and Tetkoku Oil, which was bought on Wednesday, dropped on profit-taking. Blue chips, such as Toyota Motor and
      Source: DBS-Daiwa  -  591 words
    • Article
      Lock icon Hongkong
      431 8 Source: Sun Hung Kai WITH a continued build-up of European buying orders coupled with feverish Interest shown by loci! Investors, the stock market yesterday soared 11 points In record turnover with blue chips leading the way. HK Bank added 50 cents to $16.70, HK Land 25 cents to $8.50.
      Source: Sun Hung Kai  -  431 words
    • Article
      Sydney
      283 8 THE market yesterday closed lower in quiet trading, dealers said. Meat producers and exporters rose on news of higher US Imports which fell favour Australia, with FJ Walker rising four to 92 cents and Tancred Brothers five to $1.70. JUNE 08 Cents INDUSTRIALS A. C. I 163 unch A.N.I
      283 words
    • Article
      Bangkok
      142 8 JUNE Bants Asia Fibre asi unch Bangkok Bank 371 unch Bangkok Invest. Bangkok-Metro-politan Bank Bata BerllJucker 480 unch Carpet Intnl 306 -4 Charoong Thai Wire Dumex DusltThanl 330 •1 Faber Merlin First Trust 425 -3 Genera Finance Indo-Thal Industrial Finance Corp 2515 •10 J And J Ho 416 unch
      142 words
    • Article
      Manila
      120 8 THE market yesterday closed mixed with commercials advancing slightly while minings and oils declined, dealers said Turnover fell to 6.53 million pesos from Wednesday's 7.32 million. JUNE Pesos Acoje Mining .0105 -0 0005 Atlas Con. A Atlas Con. B 18 80 -0 3 Bagulo Gold 0084 -0.0004 BenguetCon. B
      120 words
    • Article
      Jo'burg
      403 8 OOLD shares continued firmer towards the close on Wednesday reflecting higher than expected Anglo Vaal Group dividends and underpinned by the stronger bullion market. Dealers said Harties put on 180 cents to 2380. Mining flnanclals were little changed In dull dealings. De Beers fluctuated narrowly throughout the day to
      403 words
    • Article
      Selected indices
      62 8 FINANCIAL TIMES INDUSTRIALS Wednesday 474.9 Tuesday 477.7 Week Ago 478.8 DOW JONES AVERAGE INDUSTRIALS Wednesday 861.92 Tuesday 886.51 Week Ago 840.61 LONDON DOLLAR PREMIUM Wednesday 112K to 112* Tuesday ill* to 112 H.K. HANG SENG Thursday 505.28 Wednesdw 404.22 Week Ago 477.25 SYDNEY INDUSTRIALS Thursday 425.07 Wednesday 425.89
      62 words
    • Article
      Paris stocks firmer
      437 8 Ei '/7-; i ma i;Ki:'is L EUROPEAN bourses closed generally mixed on Wednesday. In PARIS, the market continued firmer In active trading encouraged by the point fall In day-to-day money and the Cabinet's approval of a draft law widening the scope of Investment funds. Banks and electrical*
      437 words
    • Article
      Amsterdam
      211 8 JUNE 87 ru ABN 353 00 -3.5 Ahold 107 70 ♦0.2 Akao 31 SO -0 3 AMEV 87 70 1.8 Amlu 113.80 ♦0.5 Amrot Bank 74.30 -0.4 Berk WOO -0.5 Boa 78.SO ♦0.7 BorsumtJ 184.00 -1 Bur h man n 72.50 1 Byenkorf 91 00 ♦1 Calve Delft 188.00
      211 words
    • Article
      Paris
      255 8 JUNE m Prs CORBEILLE Air-Uquide BSNOervals Danone C8F (ThomsonC*f) Cle FYtncilie des Petroles Compazine Financiere Compagnle Generate Credit Fonder De France Hachette (Llbralrle) Machines Bull Mlchelln (B) Parlbas Pechlney Clflne Kuhlmann Peugeot Philips (N*Oem Beat) Prin temps S A Rhone- Poulence SA Royal Dutch SueKCle Flnan De) Thomson-BrandI Ustnor
      255 words
    • Article
      Milan
      68 8 Ante 95 50 ♦0.25 Assoc On ***** -240 Bastofl 467 -5 Central* 3655 -75 Flat 1820 -19.5 Finslder Oen Immob in Prl Ilalcementi IUlgms 92 75 *0.5 75 -0.5 2113 -17 ***** -135 696 -10 178 unch 475 -7.5 284 -4.75 Mediob ***** -240 ***** -200 ...goo +ao B
      68 words
    • Article
      Frankfurt
      212 8 JUNK «7 Din Aef-Telefunken 84 80 >2.9 Ak zo 29.20B -0 3 All* Leben 822B 2 Alls Vers 474 2 5 BASF 140 10 ♦0.2 Bay H T Wbank 275 Bay V bank 306 J Bayer 140B BBC 288 20 12 BMW 238 SO ♦2.2 CasaeUa 348 4 Chem
      212 words
    • Article
      Brussels
      96 8 JUNE 07 FY» FORWARD MARKET Acec 279 1 Arbed 2400 40 Astur 620 -18 Braacan 483 -11 Bru-Lamb 1505 ♦5 Can par 554 unch Cock 458 13 De Been 188 -3 Ebe* 2280 15 Electro bel 8430 unch Ob-Inno-Bm 2045 10 Oev 1300 unch Hobok 2250 45 Petro 3815
      96 words
    • Article
      Zurich
      186 8 JUNE r Franca Actions Suisses 202 +2H AtusulsseBr 1300 15 Alusuuse Reg SM unch Brown Boverl Br lMSxd -75 CibaQelgy Br 1130 -10 ClbaQeigyPC MS ♦5 Obu Ofl() Reg 597 -3 Credit Suisse Br 2155 4-10 Credit Suisse Reg 408 I Bektrowatt Br 1750 20 George Fischer Br 005
      186 words
    • Article
      Shares retreat
      1120 8 NEW YORK STOCKS pulled back on Wednesday in what analysts termed an expected correction after the gains of the prior six sessions. However, the California tax rollback vote proved beneficial to a number of housing and saving and loan issues, analysts Prices "Just went up too fast and
      1,120 words
    • Article
      Toronto
      362 8 SHARE prices closed mixed on Wednesday in active trading, with the Composite Index off about 1/2 point and declines leading advances 226 to 225. Nine sub-groups rose and five were lower, with the heavily weighted metals group down more than 13 points. Inco A dropped one to 19-3/4, B.C.
      362 words
    • Article
      CHICAGO BOARD OPTIONS
      1833 8 June 7 OPTION JLY OCT JAN STOCK Alcoa 40 5 5/8 1/4 UNTRD 44 3/4 .Alcoa 45 3 1/4 4 3/8 UNTRD 44 3/4 Alcoa SO 1 1/2 9/16 2 3/8 44 3/4 Am Tel 55 UNTRD UNTRD NOL 61 3/4 Am Tel 80 3 3/8 3
      1,833 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      162 8 COLLKTINQ Oriental Anticnlj by Judith Moorhouse and Dries Blitz Hgl Hamlyn Group, London. Oriental antiques have always fascinated collectors throughout the world, evoking as they do the exotic and inscrutable East. It Is, however, widely believed that they are too expensive for the average collector. This myth Is perpetuated by
      162 words
    • Advertisement
      Page 8 Advertisements Column 2
      69 8 TIE sum MM, UNITE! H TI7TT7T UB9 20,000,000 NEGOTIABLE FLOATING RATE U.t. DOLLAR CERTIFICATES OF DEPOSIT DUE JUNE, IMI In accordance with the provisions of the Certificates, notice is hereby given that for the Interest Period froth June 8 to December S 1978 the Certificates will carry a rate of
      69 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Toray gets American Optical contract
      213 9 TORAY Industries, Inc. of Japan announced that it had made a contract with the. world's biggest lens maker, American Optical Co. of Massachusetts, on the export of its plastic lens coating technology. Under the contract, an estimated 10 million lenses are expected to be produced
      213 words
    • Article
      H & W Times
      75 9 H W Times THE Herald and Weekly Times Ltd announced unaudited consolidated operating profit of A 57.57 million ($6.50 million) for the half year ended March 31 on sales of $95.84 million ($82.98). Profit is after tax of $5.12 million ($3.93 million), depreciation of $1.26 million ($l.ll million) and interest
      75 words
    • Article
      Japanese firms pretax profit up
      496 9 ASIAN SOME 500 leading Japanese companies listed on the Tokyo Stock Exchange had before tax profit increases averaging 2.5 per cent for the six months ended last March, compared with the preceding half-year, a survey published by the financial dally Nihon Kelzai Shimbun shows. It
      496 words
    • Article
      Lock icon Steel imports a threat to BHP
      257 9 Reuter COMPETITION from steel imports Into Australia has built up to represent a serious and unpredictable threat to the Broken Hill Pty Co Ltd's (BHP) steel business, BHP's manager marketing administration, M.P. Pirola,said. In BHP's monthly "News Review", Mr. Pirola said Imported steel supplies
      Reuter  -  257 words
    • Article
      Lock icon MARUBENI DEAL
      125 9 Reuter. MARUBENI Corp of Japan and CDCP Mining Corp of the Philippines signed a four-year copper concentrate supply contract, CDCP vice-president Vlrgllio Jordana said. He said the contract calls for 33 per cent of CDCP's concentrate production currently worth up to US$l4 million, while supply contracts for the
      Reuter.  -  125 words
    • Article
      Lock icon Ford-Toyo Kogyo tie-up denied
      154 9 UPI SUMITOMO Bank of Tokyo, a major creditor of Toyo Kogyo of Mazda cars, has officially denied reports that the Japanese car maker will open negotiations with Ford Motor Co. on a capital tie-up. Chairman Ichiro Isoda told reporters that his bank has "no plans to
      UPI  -  154 words
    • Article
      Lock icon CFP unit expects rise in sales
      144 9 Reuter. THE sales of Cle Francalse des Petroles (CFP) subsidiary Total Petroleum North America Ltd should be around US$55O million ioiS c °mpared with $349.5 million last year, CFP treasurer Alain le Menestrel told a press briefing. Its contribution to the group's overall sales
      Reuter.  -  144 words
    • Article
      Lock icon Grand Met
      107 9 Reuter. GRAND Metropolitan Ltd's hotels division has doubled profits before tax and after Interest In the first half of the current financial year, a Grand Metropolitan Spokesman said. The Improvement results from increased efficiency and reduced borrowings. In the first half ended March 31, 1977, the group's hotel
      Reuter.  -  107 words
    • Article
      DEMAG UP
      46 9 DEMAG AG announced net 1977 group profit of 28 million marks (11 million), of which 24 million (10.5 million) was transferred to 89.6 per cent shareholder Mannesmann AG. Turnover came to 2.31 billion marks (2.13 billion), and incoming orders 2.27 billion marks (2.36 billion).
      46 words
    • Article
      Performance at BICC comes under fire
      456 9 EUROPEAN RESULTS over the past 10 years at BICC, the UK's leading cable manufacturer, suggest that there Is a lack of effective Individual incentive within the company, a major shareholder claimed. Speaking at the annual meeting, Mr. Oeoffrey Atherton, former chairman of BICC subsidiary
      456 words
    • Article
      Drop expected at Degussa
      186 9 DEGUSSA AG said it expects second half 1977/78 turnover and operating profit below year ago levels. Development in the second half will be influenced by foreign exchange rate factors which particularly affect the chemical sector, it said in an interim report. In addition, increased labour costs
      186 words
    • Article
      UBAF to raise capital
      63 9 UNION de Banques Arabes et Francalses plans to raise its capital to 400 million francs from 150 million, sources close to the bank said. Shareholder approval will be sought at a meeting later this month, they added. ÜBAF plans a two-for-three share issue in two equal
      63 words
    • Article
      Lock icon Turnover falls at Hoechst
      134 9 Reuter. HOESCHST AG sees no cause for optimism after the first five months this year during which parent company turnover amounted to 3.82 billion marks, down 5.2 per cent against the year ago period, its managing .board chairman said. He told the annual meeting domestic turnover
      Reuter.  -  134 words
    • Article
      Lock icon Thompson expects high earnings growth
      187 9 Reuter THE Thompson Organlsatlon expects a substantial growth In earnings for the first six months and tofj 1978 as a whole, despite severe dislocation caused by-' industrial disputes both at Times newspapers an^' 1 Thomson regional news--papers, chairman Lord Thomson said. He told the annual
      Reuter  -  187 words
    • Article
      Land Sec
      68 9 LAND Securities Investment Trust Ltd announced pretax income of £26.31 million (£21.56 million) in the year ended March 31, 1978. Rents and interest receivable were £46.8 million (£43.6 million). Dividend were 3.*****p, making equivalent of 8.***** D (7.314p). Total income came to £64.5 million (£59.67 million). Pretax is
      68 words
    • Article
      CREUSOT
      36 9 CREUSOT-LOIRE SA said its company WeanDamiron won a contract worth over 100 million: francs from the Soviet firm Metallurglmport -for the!,! supply of metal sheet production lines. The lines should be in service by 1980.
      36 words
    • Article
      Hankuk Glass facility
      96 9 BONDS&LOANS SEOUL: South Korea's Hankuk Glass Co expects shortly a US$32 million loan, without guarantee, from a syndicate managed by BA Asia Ltd, company officials said. The eight year loan, with three-year grace, may be the first unguaranteed credit facility for a nonbanking private Korean firm, and
      96 words
    • Article
      Montreal credit
      76 9 THE Montreal Urban Community is raising US$25O million for 10 years at a margin of per cent above London Interbank offered rates. Chase Manhattan Ltd said as lead manager in London. Proceeds of the credit, which carries a three-year grace period, will be used to finance the remainder
      76 words
    • Article
      Gulf Resources
      65 9 GULF Resources and Chemical Corp said it has entered Into a US$3O million Eurodollar revolving credit facility with a group of European bank institutions. No borrowings have yet besn made but may be made any time during a two-year period ending May 15, 1980. Credit Suisse White Weld
      65 words
    • Article
      KUWAIT
      55 9 LONDON: The amount of the Kuwaiti dinar bond being Issued by Banque N&tlonale d'Algerle has been increased to eight million from the originally envisaged seven million, lead manager Kuwait Investment Co Sak said. The coupon for the 12year bonds has been fixed at 8-1/4 per cent, as indicated, and
      55 words
    • Article
      Ciba-Geigy
      31 9 ZURICH: Clba Gelgy AO wl? redeem Its 80 million franc, 5.5 per cent option bond Issue due 1983 early at 102 per cent on Sept 17. the Stock Exchange said.
      31 words
    • Article
      Lock icon Conrail likely to need even more funds
      429 9 r N.AMERICAN NYT THE US Railway Association says it is likely that Consolidated Rail Corp. may need far more than the additional US$l.3 billion in federal aid it is requesting to help rebuild the dilapidated northeastern railroad system. USRA, in an annual report
      NYT  -  429 words
    • Article
      Lock icon INTERNATIONAL HARVESTER
      161 9 Reuter INTERNATIONAL' Harvester Co expects fiscal 1978 earnings at or modestly better than last year's U556.92 a Share, president Archie McCardell told security analysts. Executive vice president for finance Keith Potter said the company expects fiscal 1978 sales about eight per cent above the $5.98 billion in the
      Reuter  -  161 words
    • Article
      Lock icon Resorts revenue
      384 9 NYT RESORTS International reported that in the first six days of operating the nation's first legal gambling casino outside Nevada, it made an average of U*****,504 dally. The report, based on figures Resorts provided to the state Casino Control Commission in Trenton, said the total take during its
      NYT  -  384 words
    • Article
      Lock icon APL bid for Pabst barred
      156 9 Reuter APL Corp.'s eight-month battle to acquire Pabst Brewing Co. ran Into a major road block, when the state's Securities and Exchange Commission barred the planned takeover. Jeffrey Bartell, the securities commissioner of Wisconsin, said he rtiled against the APL proposal because It "would be
      Reuter  -  156 words
    • Article
      Lock icon Reynolds suit
      71 9 Reuter THE Securities and Exchange Commission filed a suit in US district court here against R.J. Reynolds Industries Inc alleging violations of the reporting and proxv provisions of securities laws. Simultaneous with the filing, the SEC said the company consented to the allegation without admitting or denying guilt.
      Reuter  -  71 words
    • Article
      Lock icon JOY UNIT
      74 9 Reuter. JOY Manufacturing Co., a producer of mining and pollution control equipment, said it was closing Its French subsidiary because of a poor business environment. The subsidiary, Joy 8.A.. manufactured and sold products for use in French Iron ore mines, which had limited application to other markets. It
      Reuter.  -  74 words
    • Article
      Polaroid
      28 9 POLAROID Corp said It will Introduce a second camera with automatic focussing at the same time ss the BX-70 Sonar Onstep camera demonstrated at its annual meeting.
      28 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      137 9 ii* f-mmw i comes to the Handicraft Centre.X y Come join in. \j June 12 to 18 Sale of food begins at 11 a.m. r and cultural dances are held from 6.30—7.30 p.m. We turned the clock back to give you a "Food and Cultural Dance Nostalgia Week Come and
      137 words
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  • DEALS DONE ON THE SES AND KLSE
    • Article
      In Singapore
      1496 10 BID and offer price* officially Hated and bustnsss in and reported to the Stock Exchange of atnaapoce yesterday with the number of tena traded *hown In bracket* In lot* of 1.000 unit* unless otharvtae specified All Time Settlement Contract* are quoted after the world "sett." Bif Board deal
      1,496 words
    • Article
      Government and corporate bonds
      113 10 fi^asas, (2$oooo) fioefoi) (250 000 > 100.758) 11 (250 00 °H100.068 uoojosV^ 1 (***** SJUJBBt (,50 000) (J5O 000) i?i 068)* (*****0 > (100.908 < 7 ioi'a, ,vv <,Moo, <i«fts,,"""* (K0M0) I V 4% f P IVT/87 (230,000) (101.958) 6 1/2% T P 11/VB7 (280.000) (100.458
      113 words
    • Article
      Stock options
      92 10 STRIKING price* of the Mock option* officially hated on the Stock Exchange of Singapore, the periods, bid and offer prlcee and bualneaa done yeeterday. with the number of optiona traded ahown In brackeu. CeU Starif. (Ba*t 81.78) 10.4*6 0.838): C (li C (Sept 82.28) I2.00B): F and N
      92 words
  • Article
    SHARE INFORMATION SERVICE
    2509 10 1978 High Low Company Last Sale +0CGr'i Div Div C'vr Gr'» Y'W Nat P/E Vol C«00) Day Higk LM SECTIONONE INDUSTRIALS 189 214 172 225* 83 215 235 V 210* 420 432 132 123' 112 195* 60'/, 162 173* 140* 256 394 Ac ma Alcom Allied Choc
    2,509 words
  • Article
    Unit trusts
    141 10 SINGAPORE UNIT TRUST INCOME BOND UNIT (NAMim pries* far Joe*) (Carraat m ricss) The Commerce 1M 2.06xd INCOME BOND 1.06 1.11 The 8a rlnc Fund 1 JO 1.17 8'pore Prof Fund O.M 1.01 MARA BUMIPUTRA FUND S poreSacurtty Spore Invest Fund 1.91 1.20 IN 1.27 First Bumlputra Second
    141 words
  • Article
    Iu Kuala Lumpur
    1629 10 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown In brackets in IoU of 1,000 units unless otherwise specified. INDUSTRIALS Ajmamata <2.ua> Atom (2.038 2 088) (1) 1.07 (1) 2.05 Afei
    1,629 words
  • Article, Illustration
    Latest fall may start a rally
    705 10 WEAK Mihyriia bneed cauUH aaaad oa tkt Stack Exchange of Singapore yesterday. These were tkt itai aharoe which had rltaa aharp|y paat wiahi and tho doeliaa was just as quick. Lisa Hoo, which was tradad at $2.21 sa Thursday last wssk Ml anether sis
    705 words
  • Article
    Prices recover on KLSE
    595 10 A LATE round of trading support shored up market sentiment and enabled share prices to recover ground on the Kuala Lumpur Stock Exchange yesterday. The slight push, which resulted in a generally mixed trend at the close, must have come as a relief to traders, after
    595 words
  • LATEST RESULTS
    • Article
      Federal Cables Wires and Metal Manufacturing Berhad:
      38 10 Oroup pre-tax loss of M 5912,666 ($2.98 million) for the year ended Dec 31, 1977. After subtracting minority Interests and extraordinary items, group attributable kws came to $1.2 million (12 million).
      38 words
    • Article
      Premium Holdings Berhad:
      21 10 Pre-tax profit for the year ended Dec 31. 197*'M9 1.4 million (9993,186). Net profit was $839,4#2 ($556,831) T
      21 words
    • Article
      South Pacific Textile Industries:
      44 10 Group pre-tax trading profit for the fir* hall year to March 31, \9Tf was M 9710.265 (M 92.1 million) on sales of 914# million (917.2 million) Company pre-tax tradiA profit: 9161,392 <9>3 million) on sales of 99.6 million (912 million).
      44 words
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  • Industries:
    • Article, Illustration
      Metal Box pair shines again
      889 11  -  •y MANO SABNANI -GOOD tlmM seem to have •arrived again tor the Metal Box twine, judging by the Combined pre-tax *>.Cot nearly <13 million turned by the two ram pantos for the year ended March si, 1078. Both Metal Box Singapore (MBS) and its enjoyed
      889 words
    • Article
      DIVIDENDS ANNOUNCED
      653 11 Comal t Kx Books Data Total far Total far tar prwvioeaya paynaaa it Data eiom payable the yi HoagkMCLui 5.2% May 5 May 17 Jun 9 7.6% 6.6% rELS N80P Pan Malayan OCBC 20%(b) May 18 May 26 Jun 9 20% 25% 10% 5% May 15 May 23
      653 words
    • Article
      SCRIP ISSUES
      226 11 Company Particulars Ex Date Books Close Mates TuCkny Boiuteadco Bonus Issue of 1 for 3 Bonus Issue of 1 for 3 Rights Issue of 2 for 7 <3>fl-25 Der share May 30 May 30 Jun 8 Jun B Jun 10 Jun 13 Jun 24 NYA HmcLMW Graat Eastern
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    • Article, Illustration
      Spotlight on second liners
      1468 11  -  ®r PETER CHIA BULLS dominated trading for the first half of May until they ran out of steam and had to retire. In the abeence of buying support, the local stock market began to consolidate with sporadic spun* in the case of a few situation stocks.
      1,468 words
    • Article
      Syn Resins announces rights issue
      319 11 SCIENTEX Industries, the new broom endeavouring to sweep out the troubles of Synthetic Resins, Is kicking off with a rights Issue of 2 new shares In Synthetic Resins for every five held at $1 par. This will raise $2.56 million for Synthetic Resins, which is
      319 words
    • Article
      COMPANY MEETINGS
      204 11 Shangri-La Hotel: AOM to be held at the Jasmine Room, Mezzanine Floor, ShangriLa Hotel, 22, Orange Grove Road, Singapore at 11.00 a.m. on June 14. General Ceramics Bhd: AOM to be held at 7th Floor, AIA Building Jalan Ampang, Kuala Lumpur, at 11.30 a.m. on June 15. Kundone
      204 words
    • Article
      TIN OUTPUT APRIL 1978
      71 11 Tonne Aokam 141 22 Austral Amalgamated 118 23 Ayer Hltam Tin 175.20 Berjuntal 350 09 Hongkong Tin 27.52 Jack Chla Mining 8.95 Kamuntlng Tin 33.50 Kllllnghall 46 W Kramat 32 38 Kuala Kampar 18.80 Lower Perak 28 91 Malayan Tin 180 59 Rahman Hydraulic 108.28 Saint
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      520 11 FROM IW9& J JPlumiflm t t cs anc Government in Malaysia S rPy/ Politics and Government in Malaysia is concerned with the substantial political JJ changes that took place in Malaysia after Independence in 1957 and especially during the last ten years. Among these are the May 1969 racial riots
      520 words
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  • Article
    Getting to know our industrial climate
    490 12  -  ■y JOHN LIM THE National Productivity Board (NPB) is planning a series of seminars aimed at familiarising foreign companies with the Industrial Climate In Singapore. This was disclosed by Dr. Xee Chiaw Meng, its chalr--man,yesterday while speaking at the inauguration .ceremony of Meljl Selka's
    490 words
  • Article
    Average price for IMF gold is US$l183
    290 12 -WE INTERNATIONAL jSftnetary Fund sold 470,000 ■gSnces of gold at an average ape of U*****.09 (Ss42l) Sv ounce on Wednesday at latest In Its series of 3r£pnthly auctions in Jr®*shlngton. IMF also received >9.200 ounces of non'•Ompetltlve bids from jfiSVeloplng countries, which ij&re
    290 words
  • Article
    MONTAGU DOESN'T WANT TO MISS OUT ON THE ACTION
    424 12 SINGAPORE has a great deal of developing to do before it draws level with Hongkong as a financial centre. The scope that exists for participating in such developments is among the reasons why London merchant bank Samuel Montagu decided to establish
    424 words
  • Article
    Interbank market rates expected to ease soon
    402 12  -  •f COLIN CHEE buk MlkK win MM' te th* MKthwwMbfrMtUrncMt hlghievate cfaM Net eaty hM th* pvermight rat* dreppiJ. Tawa dagaaii rataa iM Uck hrtkSmtlM *hb weak. a alaar rip that the high rata* the part weak Dm Mnigk rata yaatarday epMad it
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  • Article
    Lock icon KL meeting of three Prime Ministers
    617 12 Reuter. THE Prime Ministers of Australia, Malaysia and Singapore will hold a conference in Kuala Lumpur on June 18 to discuss international economic issues. They are expected to discuss growing protectionism affecting exports from developing countries like Malaysia and Singapore, as well as Australia.
    Reuter.  -  617 words
  • Article
    Imitation brand names beware
    252 12 THE Internationa) Apparel Federation has adopted a resolution calling for confiscation and eradication of textile products that are produced under imitation brand names. At its second general meeting In Tokyo on Wednesday, delegates from 17 member nations agreed that Imitated textile products are posing serious problems
    252 words
  • Article, Illustration
    The door to further stimulus still open
    698 12 POST-SUMMIT BONN MEASURES? WEDNESDAY'S German Cabinet meeting, while drawing up a preliminary growth rate for federal spending next year of 6 to 7 per cent, will still keep the government's option open for whatever further stimulatory measures considered necessary after the Bonn economic
    698 words
  • Article
    LONDON STOCKS
    761 12 LONDON, Thura. Government stock* rose sharply while leading equities fell, following British Government measures to curb credit, dealers said. The increase in minimum lending rate to 10 per cent from 9 per cent and the Imposition of special deposits prompted gains of up to 7/8 In long dated
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      Page 12 Advertisements Column 1
      110 12 INCREASE THE PROFITABILITY OF YOUR INDUSTRIAL SALES! The effective development of your Industrial Sales Managers and Executives towards achieving 'Profitable' sales cannot be overemphasised. Last year, Marketing Improvements Ltd. of London conducted a three-day seminar on industrial selling which created significant local reaction. 'A highly practical programme for Singapore'. Marketing
      110 words
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      Page 12 Advertisements Column 2
      0 12 _='!'"[()-+'(;`",:;+`,<{"'_*?!<
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  • Article
    SHIPPING TIMES
    2823 13 SCHEDULE A guide to ships loading at Singapore for Ports around the World The following list tabulates, by port of destination the name of the ship, the shlppint Une involved, and the estimated dates bf arrival and departure, from Singapore port t CMMrIIMM HwDikfc hM Jsiat asr«W w«—|
    2,823 words
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      435 13 ScanDutch^ Fast and Regular Service To/ From N.C. /SCAN/W.MEDVAJ.K. Singapore. Tel. *****, Port Kelang: Tel. *****1. Kuala .Lumpur T «H. *****, Penwig: Tel. ***** SHIPPING IIAN SOON SHiPP'NG A TRADING CO <PT f MD M.V. -fluwous TRAOER" ••«.«.-oorv chanter- M.V. "4ELAAUT DATANC" M.V. "CHEWY MANIS" M.V. "GETAH KINABALU" M.V. "SENS
      435 words
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      Page 13 Advertisements Column 2
      345 13 Ol EVERGREEN LINE REGULAR KD SA LINER SERVICE ETA STORE LOADING FOR EVER HARVEST JM 21 KDOAM, AQUA, VOY. IMSN PORT SAIO. UMASSO EVER PROMOTER J* 13 JEDOAH. AQABA VOV.I7IM EVER PIONEER Aa| U JEDOAH. AQUABA *0Y IS-16W GENERAL AGENTS: CHIP SENG COMPANY PTE. LTD., 13S, ROBINSON ROAD. SINLAPORE, 1.
      345 words
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      Page 13 Advertisements Column 3
      293 13 SHARJAH SHIPPING CO LTD unhid t* v fiHU SHIPPinG Line u« '[D »fi»B [U *»'fS a/a km mim, 27/2»My M/l% GULF SHIPPING LiNE U*IT(D t-t-'c Mie**15 p w N»«£ i. [S $M;pe NC S PTf I'D NG COMOBt'iOH \S«h '100- Khenj Hoe 8 <jf jAiJ ijMPt® T f. (f K
      293 words
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      Page 13 Advertisements Column 4
      335 13 EVERGREEN LINE (EVERGRE f N VARINE CORPORATION FA« EAST/RED SEA, MEDfTBVIANEAN SEA EXPRESS FULL CONTAINER SERVICE UO ACCEfTHN CMHO FOt6CNA. LATTAJUA, KNOT, MOMMM. —g, TRIPOLI (LItTA) MW UMMI U*OT ft* toaHw IMWMMTT 14 Mm 24 Mm 21 Mm Ntana 4Mr CMy 7Mr ERHXS9M IM| 14 Mr 17 Mr 21 Mr
      335 words
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      Page 13 Advertisements Column 5
      155 13 Nedlloyd Lines RogutarUnorSorvicos To/From All Parts of the World. Singapore: T«t. *****. Port Ketong: Tel *****1. Kuala Lumpur Tel. *****, Penang: Tel. ***** NOTICES m.v. "VISHVA TABANG" VOY: IS arrived 3rd Jiim, 1171. •I P.B.A. Godown Not. 1/2. General Survey of damaged cargo ex the above vessel will be held
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      783 14 FVUT CONTI ItSCO TO EIH rtm rjum 10/6 11/1 20/® 22/6 27/6 30/1 5/7 7/7 U/7 14/7 21/7 a/7 il/7 triMf Willi Mw UWw 1/7 3/7" 4/7 (5/7) 11/7 13/7 14/7 16/7 17/7 11/7 20/7 24/7 11/7 21/7 22/7 24/7 30/7 1/1 2lt 5/1 7/1 8/8 EXPRESS CONVENTIONAL TO EUROPE
      783 words
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      Page 14 Advertisements Column 2
      748 14 [a SANKYO LINE AUSTRALIA SERVICE SMMM SEA HOOK 11/13 Jan 14/15 AM KPSNCE wis)— M/UAM THREE STAR 25/31 Mb "/ajj" DuiaomsTM i/um» WW iK.na.wo. BANGLADESH SERVICE MAT iKT It/19 JULY 18/17 JULY CHITT4SONG, CHALNA HAY SKY 11/19 JULi !•/w mi! GENERAL AGENTS shipping t ENTERPRISES PTE LTD SINGAPORE TEI *****44/7
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      417 14 TA SEA m LAND UJUL/ ASIA i I ia 4i f SSZH H VESSEL/VOYAGE Vesd Arrives/departs PONCE V-326 —imi GATEWAY CITY V 699 PONCEV327 )«n/a GATEWAY CITY <700 My vs MID-EAST SERVICE ACCEPTING LTL TO DUBAI t BANDAR ABBAS C.F.S Closes 5 00PM. WORLD LION V 3 WORLD TIGER V
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      649 14 Everett Lines, r< "BURMESE NATIONAL LINE' UMOW KW NIWbOON B F SS C. Aoann in Moloywo TIPS MALAYSIA Port K«4ong TaU3«)-7355 Panong T-M: 6214t/***** S. A. C.I. F. pf) "ARGENTINE NATIONAL LINE" LOADING FOR DURBAN CDPCTONM. amtm */»mb am mm "MEXICAN NATIONAL LINE' FM EAST/MEXICO I CENTRAL AMERICA LOADING FOR
      649 words
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      Page 14 Advertisements Column 5
      299 14 I \RDI\I W I \i a SAIL/^q I Orient Overseas Co*dcMteA Line m TO EUROPE (VIA SUEZ) tv* M/l M/ 4 2/7 4/7 MM ,1/7 V 7 7/7 1/7 11/7 22 5£ V 7 11/7 IV7 IV7 17/7 M/l IM/7 M/ 7 rkn nn ml/1 M/ 7 U/7 M/ 7
      299 words
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      451 15 iL >vors r -.is "ont<ii;,trs Limited S3 i i Australia Straits Container Line to hrt 21 Mb X Mm 24 Jaw 11 tm 2Skm Blue Funnel (S E A.) centaur ££af Straits Shipping Strnct T*/rrta ■iChina Nav*gat>on Co m fr& mi Strath services J^U Panaris P. K(lm| Sinppori I»M/JAPM: tl/tl
      451 words
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      1022 15 Ben Ocean AjcmgaavK»afßinLmeißußßMmelCktiLneandNSUO Rmmh mm nn/it jm s Arty uttM.LMMH.riitMy.iMi. pmmto n/n Ma run tm» n/n Mm n a* vim*. *<nt. D«wm, KMiM l/lk« l/IW> 7km Li Mm. I Ear*** Pmmc P. talent ti«p>nn M pmmiii uw n/n im* ii/itjm* mmm. KMIM MM 11/14IM* IVItlwM *T, UtaM, MTa, HK, iMM.
      1,022 words
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      Page 15 Advertisements Column 3
      389 15 BEN LINE □w s-«. i T El BEN ASIA (XXnXINERSERVICL p. mm in uk S*MK Hi UK *****4 LL KM UK ***** JUGOUNIJA EAST —RIJEKA kmuui soma t» mrutk am ust kwtomkm nm S'POfi P. feting Peniftf IKTKM for Menndria. Burnt, Koper, lattakia, Limasael. Rijeka, Trieste. Vetnce 11 Ma IS
      389 words
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      Page 15 Advertisements Column 4
      566 15 Scan Dutch V K-l.'iil.'k'i/i "J-VXIVAV u e-*wi» N-knii'MiriMSUHd M*M<iiis p iMirm TiTMM to.M to M MM MM MM MM 11/1 I M Hit 14/ I Ol ■MWI CONVBSTIONAL SER^'TO"EUROPE (VIA SUEZ) lnwiw P. MM SSj Ml: tUKU km 11/tt Ma/11 Cmm, Cliaac*. U*aa, A'«ar». r«Mt, Ntar|. Clan. OM Ml. UM
      566 words
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      Page 15 Advertisements Column 5
      258 15 GUTHRIE BOUST£AD:. I I I THE BANK LINE LTD LYKES ORIENT LINE inn (Ma* t lhw mi LTIU (Ma*) ITYU (La**) SlNijAr'OfU I'T 1 A\t: ?Bf> \< L KUA;« tUVI'UK .'Owl' WiO ■kpcmot soma FESCO LINES FESCO STRAITS PACIFIC UNE mine wm > nn s»" NW| TBMi tum/m r«. HuniMvica
      258 words
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      686 16 KLINE KAWASAKI KISEN KAISHA. LTD. (VU SK2) W CMMMT VMMb r to nmon S* S'gore P. Keiang L.Hawe Ht«(l Bremen R'dam A'werp L>TM IV SUM MPirt 21 Mm M Jmw IMy 2My 4My SSSma m is Mm umm sMy 7My aMy tMy 11 My ffimfw 21 km 22 Mm 11
      686 words
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      Page 16 Advertisements Column 2
      874 16 E.C.-N.S.A./ATLANTIC/GOLF SERVICE ACCEPT INC~TU/ICL CMTAINCKS MM rp*. WW, PBIAftC 'I jfIJSEI" 11/1? 11/® H/fl Ml H/H Ml E.C./GREAT LAKES SERVICE Uafcat fir; NVIU. HW TASK, MUTUAL. TMSMTS. UriMU, MKT, CHUM. Pwiam Mini P. MUk| Mmm •vo. mtum" (msa a sci) is/umrr iy»*m r/nirnt CALIFORNIA/PACIFIC WORTH WEST SERVICE iMtftot Mn us
      874 words
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      788 16 i .ri i nwm ABSTIALIA «M» CMIAINER SOVKO AUSTRALIA KU rvmu nwm/ ASIA AUSTRALIA TEMASEK TEMASEK ASIA 2S Mf 2 M| 27 Mr 4 AM a M| I Am •M| II MR ia a« ia am ii am nam 11. S. A. CONTAINER SERVICES Feeder Vessel P. Kelanf S pore
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      Page 16 Advertisements Column 4
      509 16 MM MALAYSIAN WRBMMnONMt SMP«MG CO*KJ*ATION MVUO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANOINAVIA iraint FmMt f. MlMf VmM I'm U HttillM &Mm 31 Hkwi «Burg UW, 1) kMM, EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT mum MUM 14/17 A* TMJMC 13/11 Sift t. Kt'Mt 'mm mn Mi 14/11taM 11/11 «M HMrg 4/7. Clif/IM*
      509 words
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      587 16 IKTR ASEA (PTE) LTD. 4 mkpcment soi/nu. cwTAim soma ti nun Sim P.*tiaa| Nmi Ui liH M: mm ft tm It Ptrt HM I (CMtr H. IM S*tM I« mjm ala faa/M'twa/A-wr*. Timet 11/1 *m maim M -,i mtmsu mi) war. l lnmt m mvpim i nam aaa, mm. Kansai
      587 words