The Business Times, 29 March 1980

Total Pages: 16
1 16 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 111/1/81 SATURDAY, MARCH ISM 50 CENTS
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  • BRIEFLY...
    • 77 1 Reuter CANBERRA, Fri. Former Japanese foreign minister Toshio Kimura said today that the idea of an economic grouping linking nations of the Pacific basin should not be pushed too hard. Mr Kimura, now a member of the Japanese Diet told an Australian-Japanese symposium here that it was
      Reuter  -  77 words
    • 73 1 AFP KUALA LUMPUR, Fri. Asean has conveyed its desire to start a dialogue with India. A Foreign Ministry official said Asean's intention was conveyed to the Indian government through its ambassador in Jakarta recently. Asean foreign ministers at their recent meeting here agreed to initiate a dialogue
      AFP  -  73 words
    • 93 1 Reuter CAIRO, Fri. President Anwar Sadat said today he is ready to attend a summit conference with President Carter and Israeli Premier Menachem Begin to break the deadlock over Palestinian autonomy negotiations. After a 90-minute meeting with Sol Linowitz, US chief negotiator at the talks, Mr
      Reuter  -  93 words
    • 52 1 Reuter WASHINGTON, Fri. THE House of Representatives passed a major bank reform trill yesterday which eliminates many differences between savings associations and banks and allows interest to be paid on checking account funds. The bill, which passed 380 to 13, now goes to the Senate for final
      Reuter  -  52 words
    • 72 1 Reuter LONDON, Fri. British Petroleum Co Ltd confirmed it will have to pay a premium on half the 150,000 barrels a day erf oil it lifts from Kuwait under a new contract effective April 1. A spokesman could not disclose the size of the premium but informed
      Reuter  -  72 words
    • 81 1 AFP LONDON, Fri. The Soviet Union has offend to supply Iran with oil industry spare parts which the Iranians cannot obtain from the West as a result of the American boycott. According to the Financial Times, such deliveries will depend on the resumption of Iranian natural gas
      AFP  -  81 words
    • 91 1 NEW YORK, Fri. The stock market pushed higher in heavy trading as Thursday's wild, lateafternoon buying wave continued. The gains came despite Citibank's announcement it had increased its prime rate by onequarter point to 19.25 per cent. The Dow Jones average of 30 industrials, off by more than
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  • 152 1 Rises O C B C 800 Tractors 870 Sal Properties 785 Haw Par 104 G L amber 117 Parak Carbide 52 Spore Baa 378 Spore Laad 338 Straita Tradiag 015 Esao 575 Hifk Low 556 Falls 15 15 10 +8 +8 +8 +8 8 +5 5 +5
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  • Article, Illustration
    155 1 Rises Indices M Tin 3300 NST 550 S Trading 920 OCBC 805 S pore Land 338 Haw Par 193 G Lumber 116 P Bank 318 UOB 394 Falls +50 +10 +10 +10 +-8 +-7 +6 +6 +6 Mar 27 Mar 28 B.T.tadex: 6483.46 6520.19 Industrials: 514.87 516.96 Finance:
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  • 803 1 BILLIONAIRE CAUGHT IN PINCH NYT A WAVE of selling pressure sent the price of silver crashing on bullion markets yesterday on news that American billionaire Nelson Bunker Hunt has been forced to sell some of his board rumoured to be around 200 million ounces. Heavy
    NYT  -  803 words
  • 244 1 THE Orient Airlines Association will be implementing another round of air fare increases from May L The increase comes barely two months after the previous rise and will be the fifth within 17 months. The decision to raise intra-regional fares was made by all
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  • 442 1  -  By MARGARET THOMAS THE REGISTRY -*f Companies, increasingly swamped by applications for searches to be made as to the availability of company names, was forced last month to write to accountants and lawyers asking that they refrain from calling in peraon or on the telephone to
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  • 366 1 Reuter SPOT prices for crude oil and distillates on offer in the Singapore market are still depressed and, apart from fuel oil, prices are expected to weaken further, oil industry sources said. Indonesia has just withdrawn 14,000 barrels a day from a Singapore refinery which was
    Reuter  -  366 words
  • 218 1 PRIMA Flaar Milk may Ml .p mOllag eperattoaa ia Baagladeak. V piaaa matertaltoe, the pr«)Mt will be Prlma'a •tier Its tM aaiUs, mm la rMmnamlim, With Prlma'i liqald paatttoa fattowtag sslli earatags grswtk la IV», chair ms a Ckeag Taaag Maa aald
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  • 476 1  -  By CATHERINE ONG UNITED Overseas Bank satisfied market expectation yesterday by turning In an excellent set of results. Also announced was a ooe-for-ten bonus issue, its fourth since 1976, which will increase its total paidup capital from 1193.26 million to $212.5 million. This is marginally
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  • Page 1 Advertisements
    • 6 1 Trust Sony for your video needs
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    • 151 1 SO YOU STILL CM AVE 9 You wouldn't use a scouring agent to clean bone china, would you? It's the same with teeth. Yet ordinary toothpastes are too bland to remove tobacco film, and tea, coffee or other stubborn stains. The answer? New Clinomyn the toothpaste specially formulated for smokers
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    • 70 1 LEISURE TIMES EXPORT of TV sets moves up BID U be the fastest man mi 5?pc.......................................... 2 earth........................................ I SWEEPING measures to beset WHEN chips are down for casiThai ec0n0my........................... S no operators 7 NO reason to raise prices, says LACK OP legal expertise In Yaman1.................................... 5 international loan agreements...
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    • 138 1 TheMMOUAEP3K> PPC does it si. ASIA RESEARCH BULLETIN dSM pfS£4gCH This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in all important sectors of the economies of countries in East and Southeast Asia. The Bulletin is divided into six separate reports of about
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  • TRADE AND INDUSTRY
    • 329 2 SINGAPORE will be host in May to one of the largest meetings of the rubber and plastics industry ever held in South-east Asia. The Industry will meet in Singapore for the 7th Plenary Meeting of the Rubber Industries Association of South-east Asian Nations (Riasean)
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    • 159 2 JARDINE Marketing Services (JMS), a division of Jardine Matheson Holdings (Jardines), yesterday confinned that it has been appointed sole distributor of Thorn's Kenwood range of products in Singapore, as from May 1. Thorn is a major corporation in Britain and its Kenwood range of appliances
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    • 249 2 MR SIMON Wright has been appointed to the board of directors of Hung Chue Redder Martin Pte Ltd. The company, which is principally engaged in money broking, is a Joint-venture-between Hung Chue Money Broker and Redder Martin of Hong Kong. Mr Wright Joined RP Martin in 1974
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    • 380 2 ACCESS Equipment of the United Kingdom is introducing a new range of man-lifts during the Sibex/Conequip exhibition which enters its last day today. One of the more interesting displays is the Zip-Up span-type staging (above). This is made of lightweight aluminium alloy and all the parts
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    • 455 2  -  By TAN KHIM YONG THE EXPORT of locally-produced television sets in the first eleven months of last year increased by a marked 57.3 per cent to 1,135,214 sets worth *****.4 million. This was an increase of 413,474 sets worth $125.1 million more than
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    • 148 2 MORE than 100 companies from more than 15 countries will be displaying a wide range of leather, synthetic material, production machinery and leather goods at the International Leather Fair scheduled to be held at the World Trade Centre from May 2 to 5. Visitors to the
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    • 398 2 IN the wake of rising fuel costs and a potential crude oil shortage, enforced housekeeping through automation may be a quicker way to save energy. Air-cooditiooers, lightings and fans can be switched on and off automatically at a specific time and day in a
      398 words
    • 245 2 MR LEE Khoon Choy yesterday called on the corporate members of the People's Association to play a more active role in its activities. The Senior Minister of State (Prime Minister's Office) and deputychairman of PA, said that both the corporate members and the PA will
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    • 235 2 WH DEN Ouden NV, a Dutch manufacturer and worldwide exporter, will be displaying the new Vetus Bowjet as well as the Status Marine diesel engine at Asia Marine '80 exhibition (or the first time anywhere in Asia. The exhibition is scheduled to be held at World Trade
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    • 417 2 SEMINABB AND COURSES April 1: Value Analysis, Hilton Hotel, Consulasia April 1-4: Efficiency Improvement and Cost Reduction, Hyatt Hotel, SGV-Goh Tan April 14: Marketing for Secretaries, Hilton Hotel, Consulasia April 14-15: Essential Management Skills, Hilton Hotel, Consulasia April 15: Finance for Secretaries, Hilton Hotel, Consulasia April 15-17: Finance
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  • Page 2 Advertisements
    • 187 2 HARD TIMES? Despite a creditable growth rate of 9.3 per cent last year and a generally "cheerful" Budget. Trade and Industry Minister Goh Chok Tong warned of difficult'' years ahead. The editorial of the March issue of Singapore Business discusses some of the possible problems. We aslo look at the
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  • REGIONAL
    • 381 3 Reuter JAPANESE inflation, which weakened the yen on the foreign exchange markets, rose sharply again In February due mainly to higher oil and other commodity prices, it was announced in Tokyo yesterday. The consumer price index, Japan's measure of inflation, rase by 0.9 per
      Reuter  -  381 words
    • 267 3 THREE of Australia's largest oil and mining companies have Joined in a As 3 billion proposal to develop extensive oil shale deposits in central Queensland, near Gladstone. The proposal, by the Broken Hill, Conzinc Riotinto of Australia and BP (Australia), calls for the development of
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    • 263 3 AFP Reuter CHINA plans to open a technical mission in London to discuss possible contracts with British aeronautic firms, a British spokesman travelling with Defence Minister Francis Pym said. The spokesman said Beijing's plans were disclosed by Lu Dung, who beads the Third Ministry
      AFP; Reuter  -  263 words
    • THE REGION IN BRIEF
      • 367 3 INDONESIAN-Nippon Oilsaid it and Indonesia's staterun oil corporation Pertamina struck oil and gas deposits during test drilling near Palembang, in southern Sumatra. of erode oil and condensate, as well as 20 million cubic metres at natural gas at a deapth of 1,610 metres, and the two
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    • 459 3 EXPECTED ARRIVALS TODAY KEPPEL WHARVES A 1 Salehian (after Weikuo, required portside to) 33/34 Fujiyasu Maru (Tanker) (after Nanhui shifts, P/O, subject gas free) 13/14 Ivan Skuridin (Ro/Ro) (1630 tide, after Golden Eagle) 25/26 Kobe Five (after Ragna Bakke) 6/7 Nanhui (shifts after Bunga Bindang) 18 Perils
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    • 216 3 AFP PAKISTAN has turned down the reported "Indian package deal" to resolve the Afghan crisis stressing that withdrawal of Soviet troops should be an "essential condition for any constructive move". The Indian package deal, quoted by the English-lan-guage newspaper Dawn, provides for the withdrawal of
      AFP  -  216 words
    • 165 3 Reuter VIETNAM has indicated an apparent willingness to negotiate a boundary dispute with Indonesia, relating to an area of continental shelf around the Natuna Islands in the South China Sea. The indication canoe in a circumspect statement over Radio Hanoi, which quoted
      Reuter  -  165 words
    • 332 3 AFP THE Thai government has promised sweeping measures to strengthen the economy following a surprise cabinet shakeup that boosted Premier Prem Tinsulanonda's direct control of key operations. Presenting his two-week-old government's policy statement to Parliament yesterday. General Prem promised steps to improve living standards, reduce
      AFP  -  332 words
    • 153 3 THE viability of the Malaysian textile industry lies not in short-term measures to meet recessionary trends in developed countries but in long-term measures aimed at consolidating and modernising the entire industry. Only through such longterm measures could there be viable units of production that could hold their
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  • Page 3 Advertisements
    • 96 3 Now Cathay Pacific OU] Sir ore to 7.45 am. Four times a week. I More reasons to fly Cathay PacifictoKualaLumpur. Convenient 7.45 am departures. Monday, Wednesday, Friday and Saturday. SuperTriStar wide-body comfort Marco Polo cabin for businessmen. Gracious service of multi-national hostesses. Quiet, smooth Rolls-Royce engines. Luxury of the Discovery
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  • RAW MATERIALS
    • 314 4 AFTER an encouraging start, the market turned lower, taking the current month to a low of 322 V* cents per kilo. It then recovered slightly to finish the period some four cents down on balance, says IMMay, Csttor, Bath A Cenpaay in its review of the
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    • 339 4 SINGAPORE: Yesterday's dosing prices in S| per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.06, 100 per cent second class 0.90, 100 per cent third class 0.88, 25 per cent new crop no stock, B-10 per cent 0 JO. THAI BROKEN: A-auper 0.68, Special
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    • 320 4 UPI WORLD rice trade in 1900 is expected to match the record 11.1 million tons of 19T9, the UN Food and Agriculture Organisation (FAO) has announced. Countries taking part In the FAO intergovernmental group on rice also adopted an informal and voluntary
      UPI  -  320 words
    • 31 4 THE WORLD'S main cocoaproducing countries on Thursday rejected a proposal by consumer nations (or a new international cocoa agreement and called (or extension, with modifications, of the existing accord.
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    • 296 4 THE SINGAPORE market closed lower with April One RSS buyers quoted at 316.00 cents per Idlo, down 8 cents from Thursday's close, dealers said. Morning prices were marked down about 7 cents on lower London advices, stoploss and stale-bull selling coupled with lower Japanese advices, they said. Afternoon prices
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    • 303 4 R-A.8. prices In cento per kilo yesterday: /V (psr kilo) ua BJS" dte) Int. 1 R-S.S. prompt f,o.b. X1S 00 lot. 1 R.S.S April 3K.00 Int. 1 R.S.S May 3J4J0 Int. 3 R-S-S 304.00 UK/Cant M.00 Int. 3 R.S.S. ***** UK/Cant 300.00 Int. 4 R.S.S. 205 00 UK/Coot
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    • 104 4 NOON SSI It and SMR prim ym «ftUy BA8 S8R30 SSR SO (l-u» p>Um) (1-ton pattatl Aprll (Cvml 1 Ba;m M moo ttk) Ban mooN 287.OON Bajrara Sa moo 280 00 Mifc) lin »*MN SIOON MMLB April Mar SMRCV SMR L SMR5 SMR CP SMR 10 (1-toa
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    • 86 4 THE Straits tta price 1m Peaaag yesterday remained sarhßagrd »t per sAeal, UN fttovfe the Iweriitl—l Ha ipw—> eedlsg, dealers said. steady feUewtag a tighter sapply sf tta «aw trates (ran alien, with eaaie Fi nearer, leeal aad US hsytag laterest eaeevaghg at this leveL Taraever feU te
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    • 29 4 Robber: Mar 28 Singapore: April; 316.00 ceiti (down 8 cents) Malaysia: April: 316.00 cents (down 11 cento) Tin: Ms2^3o6 (unchanged) Official offering: 122 tonnes (down 38 tonnes)
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    • 192 4 YARN and cotton prices were quoted as follows yesterday: (In HK dollar», spot ex-go-down) Cmttm yam: China Blue Phoenix 30s 2J90; 33m 2,780, 40* 3,000 (per bale of «0 lbs). Pises gssds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly unq; Flying
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    • 126 4 THE MARKET In Kuala Lumpur yesterday moved lower on selling pressure and lower overseas advices, dealers said. In April, the central region slipped MHO to 11,015 per tonne while it (ell 17.50 to $1,020 in the south. May was traded down to $1,006 in the south. The refined
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    • 147 4 CHINESE Prsdaee Exchange, flags pi 11, assa say:"""** ""i"Csesaat all: Bulk $102 sellers, old drum $108 sellers, new drum $112 sellers. Copra: Mixed (loose) UK/ Coot $59.00 buyers. Pepper: Muntok ASTA white fob 100% NLW $220.00 sellers, Sarawak white fob »6% NLW $305.00 sellers, Sarawak special black fob
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    • 193 4 CHICAGO Board ot Trade soybean futures rallied off new contract lows to down 10 to 15V4 cents per bushel on Thursday. Commercial hedge selling from aggressive producer marketing put soybeans on the defensive all morning, traders said. The Usda retender of embargoed soybeans at the Gulf also kept pressure
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    • 211 4 CHICAGO Board of Trade wheat futures rallied off the lows to close down three to eight cents per bushel on Thursday. Early selling by profea- skmal houses and the International wire house set an easier tone for the day, traders said. After trading in a down trend most of
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    • 845 4 COFFEE: Futures extended opening losses to close the morning where traded £20 to £11 per tonne down from Thursday. Turnover was 892 lots including 10 options. Dealers said values declined after the opening but in thin trading partly against the absence of any noticeable producer group involvement and
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  • ASIAN STOCKS
    • 634 4 TOKYO Source: DBS-Datwa THE NIKKEI-DOW lost Y5.09 to Y6475.93 because of the sudden fall on Wall Street. Both oil and steel issues were losers owing to their bad margin trade balance. Nippon Steel went down Y5 to Y122, Kawasaki Steel Y6 to Y126, Nippon Kokan Y3 to Yll9,
      Source: DBS-Datwa  -  634 words
    • 372 4 Source: SHK See DESPITE good announcements on Thursday night from Hongkong Land and Swire Properties, the market opened nervously, reflecting concern over world commodity markets and the extraordinary yo-yo performance on Wall Street. Prices firmed up, however, following reports that pre-sales of SHK Properties' new development in Kwai Chung
      Source: SHK See  -  372 words
    • 318 4 A LATE rally yesterday helped some stocks but failed to halt another day of slipping prices, brokers said. Rumours of another diamond find firmed Asfaton Mining 10 cents to close at AJ2.39 while most other diamond and sepculative stocks languished. Brokers said there were few indications of the widely-predicted
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    • 124 4 STOCKS closed mixed yesterday, with turnover rising to 5.8 million pesos from Thursday's 2.8 million, dealers said. MAR 2» Pesos Acojf Mining 0068 0 0006 Atlas Con. A Atlas Con B 3100 unch Baguio Gold 0066 -0 0002 Benguei Con B 5600 -1 BK Goodrich 15 20 0 2
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    • 236 4 OVERNIGHT profit-taking yesterday moved into the market and prices closed mixed, dealers said. MAN at Huhl\ Am.i I'rrdll Mi 4 A»u t'lbrr HI unch A\uih.i\.i |n\ AIKI TruM Uongkok liurMinrni Hn(kat B.mk 310 unch H.ninkok tjrvinn And Nh li.inukiik 1 Hour.inrr Bangkok Metropolian Ban Bangkok Nylon Bank Of Asia
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    • 50 4 FINANCIAL TIMES INDUSTRIALS Thursday 423.1 Wednesday 438.1 Week Ago 4332 DOW JONES AVERAGE INDUSTRIALS Thursday 738.96 Wednesday 782.12 Week Ago 786.08 H.K.HANG 8ENG Friday ***** Thursday ***** Week Ago —784.88 SYDNEY INDUSTRIALS Friday 583.66 Thursday ***** Week Ago ***** ALL ORDINARIES Friday 788.40 Thursday 773.48 Week Ago 786JM
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  • Page 4 Advertisements
    • 105 4 «C®7 W«s» TTie *5 n° §k|& ■•SKW ys in this wickedly funny, outrageous tale of lost libido, 1 Kingsley Amis takes a shrewd and sceptical look at the crw*Wls\ fringes of psychotherapy ,the -1 jargon, its practitioners and victims, and at where sex, 70's style, has landed us. A bestseller
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  • OVERSEAS
    • 333 5 Reuter US PRESIDENT Carter, cheered by final passage of his "windfall" oil profit tax, has urged Congress to enact quickly .other key elements of his energy conservation programme. The Senate passed the USS227J million tax of excess oil profits on Thursday, to to a, sending
      Reuter  -  333 words
    • 139 5 UPI THE US government has tightened its voluntary price guidelines to discourage businesses from rushing forward with price increases during the next three months, in anticipation of wage-price controls., The Council on Wage and Price Stability said the change is designed to insure that price
      UPI  -  139 words
    • 280 5 Reuter THE Soviet news agency Tass has accused Iranian Foreign Minister Sadeq Qotbzadeh of misrepresenting Moscow's position on the Afghan crisis. Mr Qotbzadeh told a press conference in Teheran eariy this week that Soviet Ambassador Vladimir Vinogradov had conveyed the Kremlin's agreement in principle
      Reuter  -  280 words
    • 787 5 ARRIVALS Service Local Operator Number Tine From MAS MH671 SIA. sq&i CAL CB14 CPA CX710 GIA GA980 SIA SQ103 MAS MH606 GIA GA944 BN BN506 GIA GASOS SIA SQ240 THAI' TG423 pal rasa sia sge RBA BM23 GU GA982 KLM KL837 SU SQ201 MAS MHGB4 CPA CX715
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    • 149 5 UPI THE Uaited State» pasted tti largest trade deficit la Mstory whea its red ink flgveenuMliataartk to UB$U pa >p cnm UBS4.7C hiUUata Jaaaary, ISS Depaj^BMas i rpVTiOQ| lie prevtoas retard ef vmx WOm mi set to Fehnary If». Ike major reaasa
      UPI  -  149 words
    • 504 5 Reuter AP s/UDI Arabia will not increaae its crude oil prices in line with a planned increase by Iran of about US$2 a barrel, Oil Minister Sheikh Ahmed Zald Yamani said. "I think the market now is coining down and I don't see
      Reuter; AP  -  504 words
    • 221 5 AFP MORE than 100 persons died In the most serious North Sea ail disaster when the rig Alexander Kielland collapsed and overturned in galeforce winds andJMoot-high waves sothe 360 kms west of Denmark on Thursday. The exact number of people on the
      AFP  -  221 words
    • WORLD IN BRIEF
      • 367 5 Agencies LONHRO Ltd is considering buying British Steel Corp's Shotton Plant in North Wales which stopped producing steel at the end of last year, Lonhro executive Derek Norton said. Norton said he is visiting Shotton to make a feasibility study as It was a major supplier
        Agencies  -  367 words
  • Page 5 Advertisements
    • 855 5 COMMERCIAL DISCOUNT COMPANY LIMITED (Incorporated In Singapore) BALANCE BHEET 318T DECEMBER 1979 i CAPfTAL < Authorised 5,000,000 shares of S)l each Issued ond fully Paid 5,000,000 shores of Ssl eoch REVENUE RESERVE General reserve Profit unappropriated Total of Capitol and Reserves CURRENT UABUTCS AND PROVISIONS Deposits of customers (Note 2)
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  • 406 6 THERE CANNOT be very many other places in the world less open to accusations of xenophobia than Singapore. A pinprick of a swampy, littleinhabited island less than 200 years ago, Singapore has grown and prospered precisely because foreigners of every race and creed have
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  • 267 6 THE CASE (or more foreign legal expertise to be imported into Singapore has been exhaustively debated at every conceivable level of the economy. And should have been conclusively laid to rest by the recent reiteration of a well-aired national policy of never impeding the inflow
    267 words
  • 1039 6  -  A Hollywood stuntman may claim to be the first car driver to have broken the sound barrier but Briton Richard Noble hasn't conceded him the title of fastest man on earth. Trials will begin soon in the UK for the first assault on
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  • 743 6  -  FORUM with TOM WICKER NYT SENATOR Edward Kennedy's impressive victories in New York and Connecticut and George Bush's reprieve in the latter state have not much altered the likelihood of a Carter-Reagan choice in the US general election. But Senator Kennedy's showing does
    NYT  -  743 words
  • Page 6 Advertisements
    • 147 6 SpHBSSp together the most sophisticated i audio-visual, hi-fi equipment and related services available. This will be an excellent opportunity for manufacturers and suppliers to demonstrate their highly-advanced equipment. Auvi '80, to be held at the World Trade Centre from 2-6 July 1980, will be widely promoted throughout the region to
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  • Page 6 Miscellaneous
    • 1063 6 T.mwwro KILLING OFF RADAR? Utm. Csmsl VUe, s t,Tj 5 I mU I •M 2 I ■■p Jet Earlier Is the day at ha brmitj SINGAPORE 5 12.50 PM Opening folowed by Sesame Street 1.55 Satwday Matinee The Scarlet Coal 3.35 ABC Wide World Of Sports 4.25 The Waltons The
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  • 1120 7  -  The international gaming industry continues to expand rapidly. No less than 40 countries have legalised "playing the tables". However, there have recently been major setbacks for the industry in Britain and America, where gambling has taken a firm hold. ANDREW FISHER reports ANDREW
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  • 253 7  -  Letter to the Editor 1 Ong Eng Seng Dear Sr We refer to the article entitled "Exhibition on building equipment opens" (Business Times, March 27), which described a Mr Yang Soo Suan as "architect and planner of numerous projects hehdhf Plaza Singapura ...and Comcentre".
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  • Page 7 Advertisements
    • 1298 7 NANYANG FINANCE LIMITED AND ITS SUBSIDIARY COMPANY COMPANY *****9 372,570 GOODWILL ONOOmOUDAnON Statutory deposit vttfa the Monetary Authority of Singapore Development properties Loan*, advances and interest receivable leas provision for doubtful debts 8*2*8,432 (vm stm,urr) Amount owing by subsidiary Trade debtors Other debtors, deposits and prepayments Fined deposits and Inlet
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 225 8 MAR r Pr* CORBE^LLE Alr-Linuirfe MLB •in B 8 N Omu HQ .30 C8r (Thonuon (S'^uetlM dee Petroiee Compatnie MUO -11-4 3*2.10 •10 madm Compagnie Oenerale Credit Poncker De PIMM Hacbetta (Ubralrte) Mifhlrm Bull MtcheUn (B) Paribaa K^Sffin^LkMJMQt Ph35T(R» Omm Bolt) Prlntempe 8 A Rhone-PouJe net SA Royal Dutch
        225 words
      • 87 8 MAR XI m FORWARD MARKET Acac MO Arbad xi 10 Irijw ill 1J Braacan m -4 Bra-Lamb 14*0 unch Cock JM ♦7 Da Bwn m -1 Dm 1900 -JO Baetrobal MM Ob-Inno-Bm S90 <■ JO Oa» MO -M Hobo* MM Patfo MM -m Rjrt Dutch XZM Mdro L 1IM
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      • 158 8 MAR XI D« Aag-TMatunkan Akao ItJO -CI AIH uton tmm 4 AJtt V*T» BAST Bay H T WbuU BAJ VtMnk sr BMW C*fprtl« mm mm SMA* tujo -AS A« -a -a -AO BiW 1*7 AO -u ♦u CUM V«rw mm OoaU Oummi M.M uneh Ml JOB Dniueh* But mm
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      • 137 8 MAR n n» ♦A ABU mm ma •1 -13 Akao urn -ti AMrv BJO -0J KM -1 sua 96.10 unch -0.1 BomimlJ MUM •1 Burftmuu) Bjwikorf Caivt MR Dtll My •MO •too 146JJ0 (TOO 0.1 -0-1 -1J ■u 117.00 41 Pan tar KN 0.4 Port V0.008 (Mdtr OiMbroc >
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      • 189 8 Franca Artioaa ialaaii no «Tihmimi Br. iiu -M AJuaolaaa Rn m -a Brown Bawrf Br. MM -at cu* oM«r Br. rs -30 CM 0*HJ P c H» -M CM* Oeto Bag. m -4 Cratftt Satan Br tm -M Credit Svlaaa iUf 4 IS -a Bttlrantt Br. 21« uncti Omtii
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      • 98 8 Ante Ajaoc Oan in L1» -fl MM It 710 T5 M OTO J9 Cvntr Plat Pinud 1 Jt 1 mt •79 no I* W >1 Oen laimoto in m luiccmenu tiiiin K25 •M MM 440 TO 130 5 ISC IulaMar UlfMU M Pf ktanUl Ere MatUob W -1 Wl.
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    • 1028 8 NEW YORK FORCED liquidation of silver contracts ia the commodities market rattled the New Tort stock market on Thursday and aent prices into a steep slide in the heaviest trading in six weeks. The Dow Jones industrial average, off SS points at one time, ended
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    • 206 8 MAR n AMUtM CS lis' .1 Alrmn a as -H Bank No*» Scot* Ml 1W 22 S ns -V .It Beth Con bp rv Cm a -ss Brmaatn Ctmp Rad Ufa r*" »itp P* as as as -l«b -JS Cinptc Ctnpw In* 11 caitinc OXccft **> -i 5S M'»
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  • Page 8 Advertisements
    • 26 8 Where to wine, dine and entertain 14 ih wmm i In T-tr-nr #A 111 If 1881 gggjl ?*<r H#- g Feast tike an emperor at Chinatown
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    • 140 8 for sushi. For teppanyaki. lor other authentically Japanese delights. < )[k'r, I'J n< >» >'; /> >ff> ,SY)/ ■> rri Ji j )'<) ji > > t'or resorrutiotis call aS'/W)/ i k s < «*lll 111'\ I 'jirk Slicrnlnn Sin^njMirr >• HUGO'S v wi hm BUSINESS LUNCH *m\ Mors d'oeuvres
      140 words
    • 117 8 >:%&>)[*+<%)'}[..[{]]*"?*)$[@=* '4\M *t f-W'-v? y* V i- Merim s unique Dbco Chib of the 80's. Experience its wizard? m light, sound and show spectaculars oomptariy turning the dbco scene into a thing of style. At Studk) M. So come an! Have yourself a sensational night at Studio M, the disco
      117 words
    • 184 8 j Singapore-style SWilton style, lah f the Top of Hilton at Mm s T hat's where vou ej* t a selection o' typ'CaHy Cantonese •avourites And our very Oi\n Flavours of Singapore No mess No noise Just Qfeat cho/. In the comfort and serenity o? the Hilton It you live
      184 words
    • 78 8 T~ Tj 'x- ryioDWLL rJzLyz'cri 4 «»s\ Suol hint;. 1t4.1 \in 14 ¥■i gl- SilMI X V Ronnie CTrio Robin's Tavern. The place to go to, after work. To relax, and to et\)oy your favourite drink. In a corny, atmosphere with cool, cool music provided by a live group. Visit
      78 words

  • MONEY AND EXCHANGE$
    • 485 9 TRADING on the foreign exchange market yesterday was light, with dealers retraining from taking positions over the weekend. Dealing picked up in the afternoon after a quiet morning. From an opening of 250.10/30 against the yen, the US dollar dropped to 249.90/00 when Tokyo closed. It fell further
      485 words
    • 330 9 MAR 27 Rand INDUSTRIALS A Alpha 295 unch A bercom 290 5 AE And CI 100 unch AM jr 2200 50 Bar lows 966 unch Cg Sugar 1075 unch CNA 420 unch Currte PI nance no 5 De Beers Ind 2450B unch Fdfon 470 Edgars 6100 Eveready Fed
      330 words
    • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 11.4 per cent.
      22 words
    • 173 9 ASIAN ASIAN currency deposit Interbank rates as at close on March 28: USMbnKSpl) 7 days 1SW B'i 1 month 1SV4 18H 2 months 195/10 19 3/16 3 months 1911/*****/16 6 months 199/16 197/16 9 months 169/16 167/16 12 months 17 19/1617 18/16 SvJit DM (MUiU Mull 1 month (■MCM metii
      173 words
    • 41 9 RANGE of prk «i oflen count houw am March 9 Overnight. n Call deport U: m -T* CMm Bwytag 3-month Treasury bills 7 3 month Bank bills 11 3 months CD 11«. 6 months CD im Source: National Discount Co
      41 words
    • 62 9 THE U.S. dollar for overnight delivery yesterday closed at 249.80 yen, down from a 249.90 opening but up from 249.60 at Thursday's close, following heavy central bank yen-support intervention, dealers said. Trading was moderate with volume of US$6B9 million. The dollar for immediate delivery was last traded at 250.00
      62 words
    • 319 9 GOLD futures in Singapore yesterday closed generally easier compared with overnight levels in light trading, dealers said. Opening quotations were marked down around US$B an ounce following the metal's weakness in New York on Thursday night and then eased further in subsequent trading, they said. Total sates far the
      319 words
    • 250 9 PROFIT-TAKING at the end of the quarter pushed the dollar down yesterday (rum overnight highs despite a further sharp rise in Eurodollar interest rates, dealers said. In a thin market, some dealers also saw small Bundesbank «riling helping (O soften the dollar to 1.91&/94 marks, after it opened at
      250 words
    • 68 9 RESULTS of tender held yesterday for 91-day bills (to be Issued from March 31 to April 3) and 182-day bills (to be issued on March 31): Offend: AppM tar: A1MM: AectfM Mk: Avenge rate «f •1-day bMa $45,000,000 $158,000,000 $45,000,000 $98.26 approximately 3891 higher bids in full
      68 words
    • 156 9 THE U.S. dollar weakened slightly yesterday in an extremely thin market as operators here started to square US dollar positions for end-month reasons and some European profit-taking emerged, dealers said. The US unit stood at 1.9210/20 in late dealing compared with the 1.9255/65 opening here yesterday morning and the
      156 words
  • BANKING AND FINANCE
    • 467 9 LOANS BONDS Agencies THE MITSUI Bank has raised one million Swiss francs from the Eurocurrency market, mainly In London, to lend to Mitsui Rngtmw Ing and Shipbuilding as a fiveyear Impact loan. The loan has a floating interest rate baaed on EuroSwiss franc Interest rate plus an undisclosed spread, with
      Agencies  -  467 words
    • 527 9 Reuter UPI THE TOKYO Finance Ministry has declined to comment on a report in the Nlboa Keizaj newspaper that It will allow Japanese banks to resume participation In syndicated dollar loans from next month to help Japanese banks recycle petrodollars. The newspaper said the
      Reuter; UPI  -  527 words
    • 113 9 Reuter THE PHILIPPINES' Interim National Assembly has adjourned for a monthlong recess after passing seven bills aimed at restructuring the country's hanking system. The bills will now be submitted to President Marcos, who is also the country's Prime Minister, approval. Under the new laws, commercial
      Reuter  -  113 words
    • 84 9 ASIA Commercial has raised its interest rate for savings accounts to a high of 9 per cent. In line with the increase in its prime lending rate, which has been brought up to 11 per cent, higher rates were also announced for fixed deposits. The one-month
      84 words
    • 64 9 UNTED Overseas Bank will be opening its forty-eighth branch in Singapore at Ang Mo Kk> on Monday. The branch will provide a full range of banking services which include computerised current and savings accounts, computerised coin-bank accounts and fixed deposits, gift cheques, cashier's orders, remittances,
      64 words
    • 737 9  -  By LEE YOKE MENG AMERICAN International Underwriters (AIU) will introduce next month a new type of Insurance policy that could give them an edge over other competitors in the local market. Known ss the Commercial Protective Policy (Compak), it is geared primarily
      737 words
    • 162 9 DOWNWARD press are m Ike 4eit> between tkeOßaai Germany, has led to ■prwlafl—toidjißrtotorest rale toHeavy mark —npsrt toliif i unMia by the BmĕtĔk mk aad the U8 Federal Reserve has been Wftod to kelp stem Ike U8 isHar*s rtoe to raecst weeks (ram Ike
      162 words
  • Page 9 Advertisements
    • 117 9 n 3 Available at All Shell Petrol Stations Times Orchard Centre Robinson's Bookshops John Little's Lucky Plaza, Mezzanine Floor Specialist's Centre Clifford's Centre Plaza Singapura, 4th Floor CONTENTS Road Safety and You Road Accidents: Taking Cover Insurance: Look at the Fine Print Staying in Shape for Driving Bikes: Functional and
      117 words

  • 1121 10 BID and offer prices MfcMy IMad and buaiueag In and re-•--ported to the Stock Exchange d Singapore yesterday with the number at «hares traded ab 3u n brmckete in tot* of > 1.000 units, unless otherwtee specified. ;i BECTION ONE INDUSTRIAL COMMERCIAL
    1,121 words
  • 115 10 mtaAnmmym turn moon mmd unit The Commerce UT 1« r The Savings Fund IM «h»"* 1 Bond l S S pore Prat Fund 1.03 1.« S pore Sac. rand L8 LM S'pore Invwt Fund lJi l M uuhmviiiu S pore Equity Fund Ltt 1J7 J*****L n) iS i*
    115 words
  • 2639 10 ima/|0m Gr*s G r* i Nit 197W1M0 Lut DIt Dhr rid P/I Vol Day Higk Low Coaspaay Sale +or- Crr (*000) Hick Low SECTION ONE INDUSTRIAL A COMMERCIAL 370 »7 Aetna 280 +2 15.0 Z2 5J 14J 14 282 278 233 123* Alcorn 223 122 15 53
    2,639 words
  • 1466 10 BID and offer prices ofHr4»iij listed and hnolnrss in and re- parted to the Kuala f -nmpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, ""i*T otherwise specified. INDUSTRIALS Aeaa(llSS) Ifeisnli (130B1706) (I) ISS Aleaa (LOOB 1066) (2)
    1,466 words
  • 295 10 HOTD. Malayrta Ltd: AGM to be held in the Fuji Room of Ming Court Hotel, Tanglin Road, Singapore, at 11.30am on March 31. Goodwood Park Hotel Ltd: AGM to held in the Fuji Room of Ming Court Hotel, Tanglin Road, Singapore, at 11.45am on March 31. Ming Ceart
    295 words
  • 567 10 MARKET leatiaeat l» preved aDgkUy it the Steel twdfty «e prh» eaded*lhe Galas eahaakred deeHaee ea bahaee. Obeen iera mM that My ataeka ftppeawi te be itafcfkalai Bit ftftftlyete were divided t> their ephdeaa ef the narke* tread. Ia view «MAeaetHeMet deals srdlaaiy lata, the
    567 words
  • 522 10 A MILD rally in the late afternoon helped prices to recover from early weakness on the Kuala Lumpur stock market yesterday. Prices closed mixed to slightly steadier. Trading remained light. Investors were still cautious and uncertain of market conditions and were reluctant to commit themselves.
    522 words
  • 60 10 Reuter HONGKONG and Shaiwhii Banking Corporation and Anthony Gibbs Holdings said agreement in principle has been reached on offers by Hongkong Bank for the issued share capital of Anthony Gibbs not already owned by the bank. Final discussions are still continuing on details of the offer. Meanwhile,
    Reuter  -  60 words

  • COMPANY NEWS
    • 484 11 HARRISONS Malaysian Estates (HME), the 80 per cent-owned Harrisons and Crosfield plantation combine, has reported an unaudited pre-tax profit of £23.32 million for the nine months to Dec 31, 1979. This is slightly lower than the year ago figure of £23.75 million. £20.34 million of
      484 words
    • 287 11 BHABEHOLDEBB 1 MriMl Bhd mast certala»y he plowed with the package af treats that the campaay la haadtag eat ta elaae a favaarahto year. caraiags far the year «M Dee SI, IV», itrtig which pre-tax praflt raae ta M$llM milDea (rem *.17 milltoa,
      287 words
    • 523 11 BOUSTEAD Holdings Bhd has comfortably surpassed its own modest interim forecast with a group profit before tax of M 523.4 million for the financial year ended Dec 31, 1979, thanks to improved performances by all its major operating subsidiaries. Chairman Alan Charton had predicted
      523 words
    • LATEST RESULTS
      • 52 11 has reported a pre-tax profit of MJ544.T99 ($791,394) for the six months ended Dec 31. Sales was 11.54 million (11.59 million), with rubber crop harvested at 1.27 million lbs (1.54 million lbs) and the average selling price for rubber at 120.58 cents per lb
        52 words
      • 52 11 has reported a pre-tax profit of $584,273 ($403,163) for the six months ended Dec 31. Sales was $1.50 million ($1.22 million), with rubber crop harvested at 1.29 million lbs (1.21 million lbs) and the average selling price for rubber at 116.37 cents per lb
        52 words
      • 55 11 has reported an audited net profit of $2.29 million (no comparison) for the year ended Dec 31 on turnover of $11.31 million. A final dividend of 40 cents gross (no comparison) has been declared, making a total distribution of $1 gross. A bonus issue of one
        55 words
      • 48 11 has reported a consoli- dated pre-tax profit of $937,560 ($412,331) for the year ended Dec 31, 1979. Turnover was $3.48 million ($2.83 million). Directors have declared an interim dividend of 1.2 pence per 10 pence stock unit to be paid in Malaysian currency.
        48 words
      • 53 11 has re- ported an unaudited aftertax profit of $2.81 million (13.70 million) for the half year ended Dec 31. Taxation was $2.73 million (14.25 million). An interim dividend of 10 per cent per share (same) less tax has been declared, payable on May 6 to shareholders registered
        53 words
      • 54 11 has reported an unau- dited after-tax profit of 18.70 million (15.96 million) for the six months ended Dec 31. An interim dividend of 145 cents gross (106 cents) has been declared, payable on May 6 to shareholders registered on April 21. Earnings per share came to
        54 words
      • 55 11 has reported an unaudited aftertax profit of $5.99 million ($6.22 million) for the six months ended Dec 31. An interim dividend of 170 cents gross (175 cents) has been declared, payable on May 6 to shareholders registered on April 21. Earnings per share came
        55 words
    • 227 11 UK-BASED Pengkalen Tin has now recovered significantly, following a disappointing plunge in its earnings in the previous year, thanks to higher output and 'better tin prices. These two factors boosted the group's pre-tax profit to £302,282 for the year ended Sep 30,1979, compared with £158,329
      227 words
    • 613 11 Correal Payaiaat Ex Date Booka Cloaa Date Total for Total for Payable tha year Prerioaa yaar B Kawat Prima K L Kepoag Uly Be nut 8«l Nuta M'aia Rica 8 P Tastila Robinaon T Caaeat U AC B li»>n MBS A AwJ Ha.e (M) HMt— AHiUaTIi BaaU 8*1
      613 words
    • 218 11 CMPUJF PutinUn Ex Date Books Close Bonus Issue of l for 4 Mar 36 Apr 8 8ta« Darby Bonus Issue of 1 (or 3 Apr 16 Apr 26 May8 G Km Bonus Issue of 1 (or 2 Apr 25 MPiw IhMjr Bonus Issue o( 1 (or 3 Bonus
      218 words
    • 548 11 gam by HOCK LOCK SIEW EVEN as some at our unwary fund managers look askance, two of our generally fast-growing local banks have already topped (or will soon top) the $200 million mart in equity capital This "magic" figure, in itself, bears no special significance, as our
      by HOCK LOCK SIEW  -  548 words
    • 179 11 Cmpaay Date U Mi Fall Tea tr PcfW Net EPS Otw PrMaz taut year <«■*) Dhr. <%> Pieflt (r«) Sealion Apollo Ent F F 1/3 6/3 .-o o> 4* OO 5.0 7.5 4,057 4,353 Gentings F 9/3 22.0 12.5 44*279 K L Ind F 9/3 0.0 0.0 39L
      179 words
  • Page 11 Advertisements
    • 733 11 KOTA DISCOUNT HOUSE BERHAD 1 Incorporated in Malaysia) FINANCIAL STATEMENT BALANCE SHEET 31 ST DECEMBER, 1979 CURRENT ASSETS Cash and bank balances Malaysian Government securities Negotiable Certificate of Deposits and Bankers Acceptances less unearned discount M*35,283 <1978 M$ Nil) Accrued interest receivable Other debtors, deposits and prepayments LESS CURRENT LIABILITIES
      733 words

  • 353 12 THE NEWLY revitalised Asean Tourism Association (Aseanta), representing the region's private tourist industry, expects to enjoy a full membership soon. Mr Peter Choo, president of the National Association of Travel Agents in Singapore, said the three remaining national associations have verbally indicated at a recent
    353 words
  • 315 12 THE Federation of the Rubber Trade Associations of Malaysia (FRTAM) is urging the government to consider changing the present system of levying duty on rubber exports based on RSS L FRTAM president Lee Seng P'ng suggested that duty on all grades of
    315 words
  • 58 12 *U r£ werfcer* (ram the eaortie* ll«atlag h«tel Ollag eat «< the raeae heUeeoter at Stayaager Alrprt la Nerway yesterday/The glut platform 'Aleiaader Klf «erred a* a °Zr»9 ree u «?<*? I»r tie ell rig werken at the Ekedrit eU OeM, the Hggeet ell aaf gaa fleU
    UPI photo  -  58 words
  • 166 12 OVERSEAS Union Bank (OUB) yesterday announced an investment of A 5132.239 in Milton Corporation Ltd (Milton), an investment hnWMwg company in Australia. Through its whollyowned subsidiary, Overseas Union Holdings Pte Ltd, OUB will buy 661,187 ordinary shares in Milton at A 52.20 per share
    166 words
  • 36 12 CHINA has entered the joint venture business with a Swiss elevator firm to co-produce elevators in Beijing, and Shanghai beginning in June. More than 50 per cent of the output will be for export.
    36 words
  • 530 12 THE guiding principle which will govern the operations of the Kuala Lumpur Commodity Exchange will be that of sellregulation. This was affirmed by Malaysian Primary Industries Minister Datuk Leong Khee Seong at the signing of the shareholders' agreement for the proposed Kuala Lumpur Gearing
    530 words
  • 483 12 NYT MICHELE Sindona, the mysterious Italian financier who disappeared last year, was convicted on Thursday on fraud charges involving the largest bank failure in United States history. The Jury reached the verdict on the seventh day of deliberations in Federal District Court after a seven-week
    NYT  -  483 words
  • 858 12 LONDON, Prt The market closed mind, overshadowed by anxiety over Ss silver contract problems, dealers said. At 3 pm, the FT index was down 1J at fill Gold shares ended up to H ■4 on either side of overnight levels. Government bonds showed closing *»n« ranging to Vi
    858 words
  • 241 12 MR ROY McGowan, regional director of the International Air Transport Association (lata) for Asia and South Pacific, is one of the highest paid executives in town. He is believed to be receiving an annual tax-free salary of U*****,522. His pay and
    241 words
  • 22 12 Reuter A BRITISH government report found no firm evidence that lead in vehicle exhaust is a hazard to health. Reuter
    Reuter  -  22 words
  • 450 12  -  By CHOO AI LENG THE LACK of legal expertise in international loan agreements is hampering the growth of Singapore as a loan syndication centre. Compared with Hongkong, where international legal expertise is readily available, because of the presence of British lawyers, the lack of
    450 words
  • 144 12 Reuter THE European Economic Community (EEC) must develop nuclear power if it is to have a chance of combating rising unemployment and growing economic ills. EEC Energy Commissioner Guido Brunner, speaking at the close of a three-day nuclear conference attended by energy experts from 17 nations, predicted
    Reuter  -  144 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • 36 12 WEATHER! Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair except for showers in a few places around midday. Bmart far U kmn prlar to 7J9 pjn. m Mar 28 at the alrpart
      36 words

  • LEISURE TIMES
    • 1149 13  -  RECORD By JOHN LIM DETROIT home of the American automotive industry was also the birthplace of the black sound emerging in the early 60b which came to be known as the "Motown" sound. (The nrfme is derived from motor town). To help get
      1,149 words
    • 136 14 St Andrew's Cathedral Good Friday Family Service: $.00am. Easter Sunday: 6.00 am. Dawn Service with Easter ceremony, The Bible-Presbyterian Churches of Singapore Easter Sunrise Service at 6.30 am (Sunday) at the Macßitchie Reservoir-. Wesley Methodist Church Sunrise Service (Sunday) at old cemetry lawn (Central Park), Fort Canning Rise:
      136 words
    • 971 14  -  By CATHERINE ONG WHEN the Holy Week begins tomorrow, I shall take a step back to see the wood In spite of the trees. For I CSBOCt the significance of the week culminating in Easter Sunday (this year on April 6) to be shrouded once again
      971 words
    • 220 14 MENTION ths word 'chocolates' j etu. n n .*****« •no citza uooiints springs ■TIHfQ. ™wfTrWfTIDWt lIOT aw Wll of chocolates for mo to oct n Miss Dooßttlo it bound to goggle at the delightful Eastsr countsrs tot up at Hm various supermerksts. Wi can surely say tha
      BT Artwork by Allan Chan  -  220 words
    • 1000 15  -  if bunnies want to be bunnies for Easter, that's their choice, a resigned Marlene muses. A short story by ELLA MANDER. ELLA MANDER 'A SLIGHT frown on her brow, Marlene sat at the table tensed, left hand supporting her chin and right hand drawing big black circles
      1,000 words
    • 312 15 WE'RE GLAD to know that your Sundays are times spent with your family. You may like to take this suggestion for next Sunday's schedule. Forget lunch at your parents' or in-law's. Forget the club golf, squash, tennis, or whatever usual weekend activities. Yes, you may
      312 words
    • 962 16  -  ERNEST FRIDA MYA AYE, Burma's sole > representative on the Ariu Golf Circuit, yesterday wrested the lead at the halfway mark of the $115,000 Singapore Open champk»- ship with an aggregate of 135, played over the par-71 Bukit course. Mya, 39, who was
      Pictures by WAN SENG YIP, WONG KWAI CHOW and GLAN BEE YOON  -  962 words
    • 266 16 u LNmi Lim Jin Han (K), Lim Swee Wah (S), Alex Tang (HK) (AM); MS T. Suzuki (J), John Godwin (US), Prem Sachdev (S) (AM); B.M Y. Isomura (J), Terry Anton (US), Superman (Indo) (AM); SJM S. Yusoff (M), John Benda (US), RX. Chang
      266 words
    • 1225 16  -  ■OTORnra with Hermes I HAD a mathematics tutor ooce who had an ulterior motive. You see, he was a fellow-teacher in the same school as my sister was and be volunteered his services because he was, at that time, her suitor. He was not the swashbuckling
      1,225 words
    • 258 16 THE STORY of Ford's Cortina range can be said to be an evolving success story. It is now nearly 20 years since the original Cortina appeared and the number produced is a staggering nine million. Throughout its years of-existence, the car has undergone major facelifts and
      258 words
    • 279 16 GOLF: THE IJM Singapore Open Golf Championship which teed-ofl at the Stagapore Island Country Qub's Bukit location oa Thursday (March 27) will end tomorrow at noon. Tee-ofl times for today and tomorrow are Bam and 7am, respectively.' At the Sembawaag Country Club this morning is Bisque Bogey
      279 words
    • 579 16  -  mm By RONALD KOW IT WOULD have been the obvious choice to occupy prime space in the sports pages. Yet, out of the more than one football team or so of reporters covering the proceedings not one was a full-time sports Journalist specially assigned by his
      579 words
  • Page 13 Advertisements
    • 69 13 Plain paper copiers Preferred by offices worldwide CALL *****5. ID Wywy Private Limited Wyvvy House. 17 Lang Kee Road, e0315. ir/ Tha spiritual Ming at Eaatartida 11, 111 (Cantraapraad) Buainaas ia buainaaa, profits not principlos that mattar a short story Cantraapraad Lota of chocolataa for you to oat cantraapraad Sama
      69 words
    • 141 13 Raid Corporation For all type* of m.« Culinary (Oriental u. and European) Tel: 434 724 *****4 •»*«•<*. whole, Tdc«: RS ***** A/B RAKICOR m»t4, Iwrtl, Caate **rakicor p~ »ee<l«. roots, apices fkio>« aod poises. Marsiling Industrial Estate Malaysia Tct: ***** Manufacturer. Caate: "RAKiCORP" Johorc Bahru miller and stock Ist s
      141 words
  • Page 13 Miscellaneous
    • 827 13 r WHAT WHERE CONCERTS I THE National Theatre aAd Alliance Francaise will present on April 2, at 8.30pm, at the DBS Auditorium, the iMMkto An Aattfaa De Parle. A chance for music lovers to listen to masterpieces composed before the 18th century. Tickets at 2, $3, $5, $8 and HO
      827 words

  • Page 14 Advertisements
    • 688 14 THIS m The Wolf Children Charles Maclean Charles Maclean's intriguing book unearths the historical evidence about the wolfchildren, Kamala and Amala, and their eccentric deliverer, the fteverend Singh. He examines the missionary's diaries, life in the orphanage, the way the sensational story spread and the problems of establishing the truth
      688 words

  • Page 15 Advertisements
    • 227 15 TAX HAVENS Tax Havens-where are they How can they be used How can you cut your taxes by using them These are just some of the questions which are answered in this valuable guide. i:: 111 f K •> .I# k -2>"r -> Pi K itiKl, figures. Thfs edition, especially
      227 words