The Business Times, 23 April 1981

Total Pages: 20
1 20 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 THURSDAY, APRIL Zl, I*Bl 60 CENTS
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  • BRIEFLY...
    • 43 1 AP LONDON, Wed. Gold prices traded above US$5OO here today, closing at $500.50 a troy ounce. London bullion dealers fixed the metal at $501 this afternoon, up from $497.00 at the morning fixing, against the $481.00 afternoon fix yesterday. AP
      AP  -  43 words
    • 65 1 AFP KUALA LUMPUR, Wed. The Japanese government hgs agreed to reduce the interest rate on the 48 billion yen loan to finance Malaysia's urea project from 6 per cent to 5.1 per cent. Deputy Minister of Finance Datuk Shahrir Abdul Samad told the Senate that the Malaysian
      AFP  -  65 words
    • 68 1 Reuter MANILA, Wed. The United States and the Soviet Union clashed sharply over Soviet intervention in Afghanistan in a debate on disarmament at the council meeting of the InterParliamentary Union (IPU) here. The US delegation had urged parliamentarians in a closed-door committee session of the 89member organisation
      Reuter  -  68 words
    • 68 1 AFP TEL AVIV, Wed. Israeli leaders are planning a diplomatic assault in the United States to prevent Congressional approval of the proposed sale of sophisticated weapons, including Awacs planes, to Saudi Arabia. Authoritative sources said Israel is determined to step up its contacts in the US Congress
      AFP  -  68 words
    • 67 1 AFP BEIJING, Wed. A crowd of at least 1,000 unemployed people marched through Shanghai on April 13 to demand for jobs and prompted the authorities to call in the army to maintain order. An informed source said the protest march took place near the Labour Bureau, a stone's
      AFP  -  67 words
    • 83 1 AFP TOKYO, Wed. Nippon Life Insurance has set up a real estate company in the United States and plans to establish an investment company in Luxembourg, as part of its efforts to diversify operations. The leading Japanese life insurance company said the wholly owned US subsidiary, Nissei Realty
      AFP  -  83 words
    • 77 1 Reuter BELFAST, Wed. The British government today ordered the release of a sick Irish woman guerilla serving life imprisonment for bombing attacks, but denied that its clemency was a gesture to persuade Bobby Sands to call off his 53-day hunger strike. Dolours Price, one of the two
      Reuter  -  77 words
  • Chief Price Changes
    • 132 1 Rises Indices Paramount G Ceramics Tasek Cement Fuaan B Senbawtaf Mega Chem U 0 F Sin Chew PMC Magnum Corpn Semb Shipyard Ambassador 725 500 575 336 550 432 310 482 1450 1020 720 700 69 48 49 41 29 24 24 22 20 20 20 20 B.T.Indicator: Industrials:
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    • Article, Illustration
      148 1 Rises Indices Tasek 610 55 Apr 21 Apr 22 Hume(FE) 480 50 B.T.Index: *****1.72 *****2.02 Mega H L Credit 468 40 Industrials: 1079.12 1084.68 1020 40 Finance: 1666.34 1667.91 Paper Prod G Ceramics 506 37 Hotels. 497.47 499.11 335 35 Properties: 1108.62 1112.17 Paramount 780 35 Tins: 502.87
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  • 754 1  -  GOVERNMENT STUDIES PROPOSAL By CATHERINE ONG THE Government is considering a proposal by financial institutions that a written agreement be made between financiers and house buyers to allow buyers to recoup all their money in the event of a developer's project failing. This suggests
    754 words
  • 223 1 MINISTER for Trade and Industry Goh Chok Tong will leave for South Korea next month to sign a bilateral shipping agreement. He is also expected to discuss ways of promoting closer cooperation in investment and trade during his meeting with his South Korean counterpart. When South
    223 words
  • 410 1  -  By HSUNG SEE HWA THE SINGAPORE Refining Company (SRC) has committed itself to a SlB3 million project that will enable it to produce petrol. Preliminary site works for the project, which involves the building of a sophisticated catalytic reformer complex on Pulau Merlimau, will
    410 words
  • 289 1  -  By CHRIS LIM COLD STORAGE Holdings is to expand its overseas interests further by buying a 33 per cent stake in Safcol Holdings Pty Ltd, an Australian food-based company for AJ4 million. Safcol is a fairly large food group which controls fish processing plants in
    289 words
  • 296 1 CHEVELINA Pto Ltd will re viae its teketvcr «Her far SPP Ltd, listed paper predicts campaay, mi that m MdltfwU U mWtoa aew SPP alum bve beea Hated ea the tocal steck exchaage. The Securities ladaatry Caaadl haa ruled that Chevellaa extead
    296 words
  • 443 1  -  By ALVIN TAY SIXTEEN Singapore-based banks will be responsible for putting together nearly one-third of a US$45O million syndicated loan for the Malaysian Government. Development Bank of Singapore (DBS) will act as co-manager while Oversea-Chinese Banking Corporation (OCBC) and United Overseas
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  • Page 1 Advertisements
    • 10 1 1 Car Audio Specialist FUJITSU TEN LIMITED See page 3
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    • 170 1 NO MYSTIQUE in this INVESTMENT A (hh>d ()nental C ar pet li.is a C harisina. which derives from an Aesthetic fusion of Design, Artistry. Technical C onstruction, Durability. Symbolism. History and Age. The better the C arpet. the more pouerful the C harisina Moreover, additional factors come into play: Raritv.
      170 words
    • 72 1 m SHIPPING TIMES STRICTER EEC controls on OUTLOOK for local leasing textile imports 3 companies NOVEL way to sell your prod- UNDERPINNINGS of Tat Lee 5 bank's profit growth 11 MERGER details of Australian FORMULA for allocating NOL accountancy b0die5................... 1 shares 1" TV AND RADIO I, CROSSWORDS WHERE TO
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    • 0 1 ?\<&>:?-?!(;[_';!;>)!^-+>!'*[/(
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    • 110 1 T\ ci sf Jt F* I- \Business for wk people VvT- WHO MATTER T rries PefKxlcots Put*caVx- Leader...page C The performance of a console-size copier, without its cost. In J The desk-top size Ricoh DT1750. Clear, crisp copies 35,000 copies or more per month Saves on operating costs by 50%
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  • Page 2 Advertisements
    • 548 2 A In a world where the average age in the boardroom is plummeting as rapidly as the price of property appears to be soaring, it is not at all unusual that an ever increasing number of senior executives are spurning the luxurious, but terribly boring tanks in which their predecessors
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  • OVERSEAS
    • 622 3 NYT AMID growing evidence of an oil glut, Saudi Arabia has intensified its campaign to lower world oil prices by cutting the price it charges for some of its oil exports by US$2 a barrel. The Saudis have reduced the price of their so-called
      NYT  -  622 words
    • 336 3 NYT PRESIDENT Reagan has decided to sell Saudi Arabia a multibillion dollar arms package, including five Awacs electronic surveillance planes, but no decision has been made on when to seek Congressional concurrence, the White House announced on Tuesday. The decision on the arms
      NYT  -  336 words
    • 466 3 AP THE European Economic Community will strengthen its defences against exports of textiles from countries seeking to circumvent restrictions under the International Textile Agreement. A statement from the EEC Commission says the Commission plans to reinforce customs cooperation, information exchange and inspection procedures of
      AP  -  466 words
    • 495 3 AP VICE-CHAIRMAN Deng Xiaoping is reported to have rejected the chairmanship of the Communist Party of China because be wanted to make way for younger men. Sources in the party said Mr Deng was offered the party' highest honour and top post
      AP  -  495 words
    • 148 3 NYT PAKISTANI Foreign Minister Agha Shahi concluded two days of high-level talks in Washington and expressed optimism about the future of Pakistani-American relations. He disclosed that the Reagan Administration had offered Pakistan a five-year economic and military aid package to offset the Soviet threat
      NYT  -  148 words
    • 279 3 UPI SEVEN South Asian nations took a historic step on Tuesday towards the creation of an association bonding the neighbours with pledges of cooperation and goodwill. In a move to form a new regional (orum, India, Pakistan, Sri Lanka, Bangladesh, the Maldives,
      UPI  -  279 words
    • 208 3 AFP LEADING American semiconductor makers are flocking to Japan to manufacture integrated circuits (IC), with each company investing at least U5546.5 million to establish new plants. The Nihoa Keizai. the most influential economic newspaper in Tokyo, said Japan had a trade surplus for
      AFP  -  208 words
    • 341 3 Agencies JAPAN and Thailand have exchanged notes on economic cooperation under which Tokyo will give Bangkok a US$265 million low-interest, long-term loan this year. The Thai Finance Ministry said the loan will be used for eight development projects which will include expansion of Bangkok's international
      Agencies  -  341 words
  • Page 3 Advertisements
    • 7 3 Tjaufe Cuisine ala Kashmir (mat Wavycw T(>1;
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    • 43 3 The daily Aircraft Schadula has been held over because of pressure of space. Flight information by telephone can be obtained from the airport (*****8) or from the respectiva airlines: SIA *****47/*****48, Garuda *****7, MAS *****2, CPA *****7, Qantas *****01, BA *****01, KLM *****1.
      43 words
    • 304 3 Wp?Mi SS^a! h£& -v !w: s 's i fcjk r%J& 1 > RC fc *V Jftr- V i lSs§ t ¥38^5-"* v &.4S#* t£'«/&%;?*?• v< W y fT* 2. rjf. v s»". mi ax. 33L .or v-V E*£sg i. VJ^S "srZZ "J. V fcllSrei An opportunity like this comes along
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  • RAW MATERIALS
    • 547 4 UPI DESPITE revolutionary changes sweeping Cuba in the past two decades, an old autocrat still reigns firmly: King sugar. When the crop is good and international prices solid, Cubans eat better, sleep better and play more. They have more international currency to pay
      UPI  -  547 words
    • 247 4 IN Singapore yesterday, the market closed higher with May One RSS buyers quoted at 247.50 cents per kilo, up nine cents from Tuesday's close, dealers said. Morning prices were marked up about 9.50 cents on reserve of sellers, covering demand and trade and speculative buying. Afternoon prices hit a
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    • 306 4 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S prompt f.o.b. 243.50 244.50N Int. 1 R.S.S. May 246.00 247.00 Int. 1 R.S.S. June 248.00 249 00 Int. 2 R.S.S. ***** 222.00N UK/Cont 220.00 221.OON Int. 3 R.S.S 215 50 216 SONUK Cont
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    • 110 4 NOON SSR and SMR pncaa yeeterdayRA8 May (Carrnl Nik! Bajer* S«llan SSR 20 (1 ton pallet) 225.00 227 OON SSR SO (1-ton pallet) 222 00 224.00N MRELB May SMRCT (1-ton palletl ***** 291 SON SMRL (1-ton pallet) 280SO 282.50N SMR 5 (1 -ton pallet) 250 00 261
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    • 76 4 THE STRAITS tin price In Penang yesterday fell nine cents to M 539.21 a kilo, still within the International Tin Agreement's middle range of $39.11 to $32.74, dealers said. Easier overnight London advices and reduced buying support from all sources were factors behind the fall, while lower disposal
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    • 34 4 Rubber: April 22 Singapore: May: 247.50 cents (up 9.00 cents) Malaysia: May: 269.50 cents (up 9.50 cents) Tin: M 930.21 per kilo (down 9 cents) Official offering: 129 tonnes (down 16 tonnes)
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    • 104 4 Reuter MALAYSIAN Primary Industries Minister Paul Leong confirmed that the relevant ministers oI the three Asean tin producers, Malaysia, Indonesia and Thailand, will meet in Kuala Lumpur on Saturday. The informal meeting will concentrate on the stalled negotiations (or a Sixth Internatonal Tin Agreement (ITA) and
      Reuter  -  104 words
    • 660 4 MALAYSIAN rubber prices which slumped to a two-year low two weeks ago are expected to stabilise around the current level in the next couple of weeks as the supply and demand forces fall back to equilibrium. During the first quarter of this year,
      660 words
    • 159 4 SOYBEAN futures in Chicago on Tuesday finished 3'/« to 2 x h cents a bushel lower, near the bottom of an BVr cent range. However, steady scale down pricing by a leading exporter, estimated at 3.5 million bushels of July, underpinned prices. A spreading house bought 2.5 million bushels
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    • 181 4 WHEAT futures in Chicago on Tuesday closed two to 6 '/j cents a bushel higher with most contracts posting about five-cent gains. Chartists added that the market ended on a technically strong note since values settled above the technically important July based $4.50 resistance level. Earlier, prices fluctuated erratically
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    • 178 4 CHINESE Prodace Exchaage, Singapore, noon closing prices per lMkg yesterday. Coconut oil: Bulk fob $115 00 sellers, old drum (in second hand drum) fob $128.00 sellers, new drum fob $134.00 sellers Copra: Mixed (loose) $63.50 buyers. Pepper: Muntok white pepper fob Asta NLW $412.50 sellers, Sarawak white pepper
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    • 193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cottoa yarn: China Blue Phoenix 20s 2.290 32s 2,800, 40s 3,045 (per bale of 400 lbs). Piece goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 308 4 SINGAPOBE: Yesterday's closing prices in SJ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 1.08, 100 per cent third class 1.05, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.80, Special
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    • 888 4 COFFEE: Robusta futures yesterday ended the morning £3 to £6 higher in a volume of only 506 lots including 48 options and 73 cross trades. Dealers said the market opened steadier in line with New York's overnight close but traded within a narrow range in thin conditions in
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    • 125 4 IN Kuala Lumpur yesterday, prices were mixetf on the palm oil market here in quiet trading dealers said. Business was centred in the south with April traded at M 5972 a tonne. June gained $5 to $937 50 while July eased $7.50 to $917.50. The refined market was
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  • ASIAN STOCKS
    • 379 4 TOKYO SHARE prices yesterday continued to rise for the fourth consecutive session led by cars, heavy electric machines and other populars on revived foreign demand after the Easter holiday, dealers said. The market average gained 35.86 to 7,533.22, close to the record high of 7,536.96 posted
      379 words
    • 194 4 Reuter IN Hongkong yesterday, Hutchison Whampoa fell 30 cents to $15.20, Jardine Matheson 10 to $21 and Swire Pacific was unchanged at $13.50. Elsewhere, Cheung Kong slid 25 cents to $30.50, Hongkong Electric five to $7.25 and Hang Lung Development 30 to $24.60. Against the trend, China light put
      Reuter  -  194 words
    • 263 4 THE stock market yesterday finished on a downswing as overseas buyers took to the sidelines and attention switched to scattered situation stocks, dealers said. The All-Ordinaries index fell 0.2 points to 726 but industrials continued firmly underpinned and the index rose 1.1 to a record 755, one hundred points
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    • 278 4 THE stock market yesterday again eased with only about 33,300 shares changing hands worth about 3.6 million baht, dealers said. Thai Danu Bank fell four baht to 255 while Jalaprathan Cement and Siam City Cement each lost two to 111 and 194 baht respectively. Siam Insulator gained four baht
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    • 142 4 STOCKS yesterday closed mixed with commercials, industrials and minings easier and oils firmer. Turnover rose slightly to 2.7 million pesos from 2.4 million, dealers said. Among gainers were Acoje Mining and Phil Over» seas while Oriental B and PLDT lost. Others were eP ther unchaged or untraded. APR 22
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    • 58 4 FINANCIAL TIMES INDUSTRIALS Tuesday 888.1* Monday 568.5, Week Ago 548 8 DOW JONES AVERAGE INDUSTRIALS Tuesday 1005 94Monday 1015 94 Week Ago 989 10 < H.K.HANC SENG H Wednesday 1344.94 Tuesday 1352 94'' Week Ago 1338.89,, AUSTRALIAN INDUSTRIALS Wednesday 754.9 Tuesday 753.9 v Week Ago 749.8 ALL ORDINARIES
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  • Page 4 Advertisements
    • 73 4 &MW) MEZ Electric Motors *l/ (Czechoslovakia) electric motors well-established in Europe Middle East, Thailand and Indonesia are now available in Singapore among best quality products made in Europe most competitive prices over 3,000 units (0.37 kw to 75 kw available ex-stock) full spare parts and sen/ice support Ta m ir
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  • TRADE AND INDUSTRY
    • 506 5 THE Vocational and Industrial Training Board will start training its own instructors by July to meet the shortage of technical training staff. The board is taking over the training of technical instructors from the Institute of Education which is concentrating on the training of
      506 words
    • 122 5 ORIENT Leasing Singapore has promoted Mr Tu Kak Hlaag as its assistant general manager from April 1. A registered accountant, Mr Tan joined the company in February 1977 and held various credit, marketing and accounting appointments prior to his promotion. Harris Trust and Savings Bank has appointed
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    • 60 5 THE government will spend #11 million to redevelop the Pasir Panjang Vocational Institute and double its intake of trainThe re-development will modernise and expand the institute's existing facilities and add new buildings to the 4.4-hectare site. When completed, the institute will be able to train 1,568 trainees for
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    • 308 5 AN advertising agent in Singapore has introduced yet another way of catching the consumer's eye advertising on supermarket trolleys. The medium is promoted by AdTrolleys, a division of MPH Media which is Jointly owned by Malayan Publishing House and Mike Sebastian Associates. Also known
      308 words
    • 47 5 A 12-MEMBER delegation from Florence Gift Pool will be visiting Singapore from April 25 to 29. Florence Gift Pool is a consortium of 20 small Florentine handicraft factories dealing in alabaster giftware and articles in wax, ceramic, wood, metal, silver, porcelain, terracotta and leather.
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    • 154 5 SHANGRI-LA hotel has awarded scholarships to two national servicemen to pursue a course in hotel restaurant administration in the United States. The two, Mr Tan Kim Seng and Mr Choe Peng Sum, were selected from about 230 candidates who applied for the scholarships. They
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    • 103 5 SINGAPORE Refining Company chairman Tan Boon Teik yesterday signed the 1183 million contract for JGC Corporation to design and build a catalytic reformer. Mr Y Suzuki, chairman of JGC Corporation, missed the signing ceremony as he was suddenly taken ill. He was represented by the company's project
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    • 193 5 MANUFACTURERS of leather goods will have an opportunity to keep in touch with the latest technology in the industry at International Leather Conference '81, which will be held at the World Trade Centre on July 23 and 24. The conference is organised by Benn Publications of the UK,
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    • 404 5  -  By FOO CHOY PENG THE government is certainly partial towards foreign investors but at the same time it is not prejudiced against local industrialists. The Economic Development Board is showering attention on foreign investors because Singapore has to compete with other countries for foreign capital.
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  • Page 5 Advertisements
    • 161 5 Come to the Bazaar. Come to the Turkoman carpet fair. Authentic. Picturesque. Pile rugs and carpets new and old. In the traditional folk art of the nomads of Central Asia. Bokhara. Samarqand. Kabul. That's where it all began in as early as fifth century BC. There. wandering tribes used them
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    • 184 5 Aftertalking to us/tfck Lee made it smoothly into the export market. s m 4 4a H> W-.HAi. V, mz r CH *w- v* W> y*- ■'•"JSr#* brf T f, t V\ vA.> 9* J! t r S+ m Yick Lee Hardware has its origins in an enterprising father and son
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  • 515 6 THERE can be no gainsaying the success of Singapore's efforts to become the major financial centre of the East. The results are clear for all to see. However, in the field of international loan syndication, the Republic's progress towards capturing a larger share of the
    515 words
  • 1621 6 Siemens plugging persistence into electronics Siemens has invested heavily in microelectronics research and development. STEWART FLEMING examines the company's and the Bonn government's long-term strategy in the technology. FT FROM A distance the silvery-grey high-rise blocks could be modern offices. In reality, the new 500 million
    FT  -  1,621 words
  • Page 6 Advertisements
    • 767 6 NOTICE OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in Singapore) EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting will be held on the 19th Floor OCBC Centre, Chulia Street, Singapore, on Saturday, the 30th May, 1981, after the conclusion of the Forty-Fourth Annual General Meeting of the Company
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  • Page 6 Miscellaneous
    • 648 6 TWO-H-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Gat very well and rapidly out East (5) 6 An opening for a group of new arrivals? (5) 9 Saint Simon (7) 10 A personal musical instrument? (5) 11 Get more weapons at the back end of the room (5) 12 Slides off behind
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    • 806 6 r Tivraßwm 1981 Academy Awards AT LAST, we 4« hive to wall aae er twe yean Mite SBC brings u the Academy Awards pwwtattia. 8a we will Jast bape SBC keep* ap Ita gaad wark. The IMI, S3rd AaaaaJ Academy 4ml* preaentallaa will be shewn aver Chaaael 5 at 11.11
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  • 841 7  -  The proposed merger of the Australian Society of Accountants (ASA) and the Institute of Chartered Accountants (ICA) has prompted much controversy in Singapore as well as in Australia itself. FLORENCE CHONG, reporting from Sydney, gives more details. FLORENCE CHONG AUSTRALIA'S two accountancy bodies are
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  • 478 7  -  r Letter to the Editor k 4 S K BHATTACHARYA Nmglig Director for Smith Nephew (Malaysia) Sdn. Berhad Dear Sir, As a manager who has been involved in collective bargaining for the past 18 years, I wish to put in a dissenting view on
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  • Page 7 Advertisements
    • 212 7 NOTICE V^NOL NEPTUNE ORIENT LINES LIMITED Issue of 40,000,000 Ordinary Shares of Ssl.oo Each at 554.00 Per Share 1. The Board of Neptune Orient Lines Limited is pleased to announce that at the close of the Application List at 12.00 noon, 21 April 1981. there were 138,140 applicants subscribing for
      212 words
    • 1452 7 ADVERTISEMENT UK. Government Securities An untapped investment opportunity By KHUSHWANT SINGH A major feature of the recent UK Budget was the reduction of Bank of England Minimum Lending Rate from 14%t0 12%. This is the third reduction since last July when MLR stood at a record level of 17%. A
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 158 8 ABN Ahold Akao AMKV Amfu Amrobnk 53Boil BonunUJ Burhmann Caland Calva Dalit Dall MU Ennia Fokktr Fort Ouutt OUtbroc Oofcain Hacamajwr Helneken Hoofovaiu Hundou HVA Intn Muller moo oojo BJO 01J0 MBJO sojo XIOOB 47J0 9AJ0 auo moo 36J0 nun T7 40 143J0 40J0 uuo JOOO 00.80 06.00 41J0
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      • 235 8 APR 21 1 rr» 4VCORBEILLE Alr-Liqukte B 8 N Oervala Danone CtF (ThomaonCle Francalae dea Petrolea 464 1034 386 Z16 3.8 +6 IS +04 Compacnle Plnanclere Compacnle Otnenlc 366.60 unch Credit Foncler De Prance Hachette (Ubralrte). Machine* Bull Mlehalln (B)... Paribaa Pechlney Clftne Kubimtnn Ptumot PhLlipe (Nt Oem Beaft)
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      • 90 8 APR 21 rn FORWARD MARKET AC9C 306 -S ArDed 1300 uncti AJtur 410 -J Brucan 1000 Bni-Umb im unch Cuiptc 14TB -rr Cock 170 unch De Been 303 -4 Ebes 1830 -U Eleclrobel arn -25 Ob-Inno-Bm ao4s On 1300 10 Hobo* 2330 -5 Petro 4490 *Ti Rfl Dutch 1400
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      • 210 8 APR <1 Dm Aef-Telcfunken 8070 -0J Akao 30 40 -0-1 Alia Ltben 1021 00 unch Alia Vera BASF lay H T wbank Bay Vbank Bay*r BBC CuwlU Cham Vara CommertDank 4» 00 ISO JO I46J0 rnoo IS J0 moo 1» so moo 345 00 130 JO 5 43 -10
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      • 163 8 Alusuuae Ret Brown Boitr! Br C1M 0*1(7 Br CIS* Octfj P C 412 1X6 11K OB -1 10 unch 10 Ctba Q*lo Rtt 904 -1 Credit 8ulw Br 3360 15 Credit Sulaw R*f Btktrowktt Br. Oeort* Fischer Br OlOtMU Pc 411 >400 -mo 360 -1 10 Hero Br wm
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      • 86 8 APR 21 Lire no -10 Aaoc Ocn MOD 3415 Btilffl n -40 CttiUiic MM Flat MOO 4S ftnikkr 1.8 Ocn Immot M» 38 IFI Prt Ml T1 lUktmcnU MOOO 1100 Mains n« ♦a Italddcr 313 3 IU|DCU M FT una 15 liirelli Krc nop licdiob IMTO 4500 MirmAanaa *****
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    • 197 8 APR 11 C Abillbl 1 1 unch A lean Alfoma Bank Mont 3 Bank Nova Seoila 3 Bell Tel 1 ft* D«t Beth Corp BP Can Lid < l3« unch Bructn Camp Red Lake < Can Imp Bk HW DH »1* Cannae 1 Canpac In* Pf Carting OXeefe 1
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    • 283 8 APR 21 Rand INDUSTRIALS A Alpha 466 unch Abercom 400 >5 AE And CI aoo 5 A MIC 2625 100 Barlows 1080 20 C* Sucv lflOOB CNA S60B •10 Currtt Finance 236 +s De Been Ind Edcon IZ MOB Ed can Ere ready Ted VoU 900B unch ruf" 290
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  • Page 8 Advertisements
    • 648 8 *^)_}{/@$!}|(]*&`/(;[+&=%<-~)~= "The American Express Card serves you well, wherever good food is served. Costs only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY-THURSDAY (except public holidays and holidav-eves). For full details of the 50% DISCOUNT
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    • 185 8 H Ik A 5i The Dragon Palace Restaurant is where you can dine in regal splendour and dance to the mellow sounds of yesteryear with "The Zodiac" Spacious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome' o Coekfttjfcttl Oxley Rise/Penang Road. Singapore
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  • BANKING AND FINANCE
    • 478 9 SURGING monetary growth rates, capped by the huge US$4.B billion leap in MIB last week, are continuing to place upward pressure on interest rates. With growth now exceeding or hovering around the Federal Reserve's target ranges for all key measurement periods, the policymakers have little choice
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    • 201 9 UP TO 30 commercial banks will meet in London next Tuesday to discuss the rescheduling of about US$ll5 million of Liberia's commercial debt. The rescheduling of medium term commercial debt follows agreement last December with Liberia's major creditor countries on rescheduling $34.4 million of government-backed
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    • 160 9 AFP THE DAI-ICHI Kangyo Bank, Japan's largest, opened its branch office in Kuala Lumpur yesterday. Mr Toshiyasu Okyama, who heads the branch office, said it would enable the bank to take a "more active role" in loan syndication in Malaysia. He said there was considerable scope
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    • 149 9 Reuter THE CHINESE governmeat will pravMe mere Imum to develop a diversified rand eceaemy, thereby raising agricultural eatpnt and laereadag the sappiy af raw materials far light Industry. U Pel, vice-president af the Peeple'a Bank af Chlaa told a receat financial conference la Beijing that circulating fnnds
      Reuter  -  149 words
    • 690 9 STEPPED-UP INVESTMENT IN ASEAN LEASING companies in Asean countries can look forward to a further period of rapid growth in the *****. Economic expansion will lead to stepped-up capital investment in the region, which is expected to achieve the highest rate of growth in the world. Parallelling
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    • MONEY AND EXCHANGE$
      • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customera is 12.85 per cent.
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      • 186 9 ASIAN ASIAN currency deposit Interbank rates as at close on Apr 22. U8 Dollars!Spot) Offer Bid 7 days 15*» 15H 1 month IS'% IS 2 months IS 13/16 IS 11/16 3 months 16S/16 16 3/18 6 months 18'4 16'* 9 months 15*« ISH 12 months 15** ISH 8w.Fr*. Dm*. 1
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      • 47 9 RANGE of prices offered by discount houses on Apr 22: Overnight: 2% to6V«% Call deposits: 6% to 7V«% Cktsiif Bayuf Selliaf 3-month Treasury bills 6W 8H 3-month Bank bills 9'. 9 3 months CD 9'-» 9 6 months CD Wt 9 1 Sauce: NiHanal Dtseaaat Cmpt■y-
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      • 512 9 THE US dollar weakened during the night to open markedly easier against major currencies in the local market yesterday. During the day's trading, the dollar firmed somewhat but eased towards the day's close. Trading was relatively active against the mark, but quiet against the yen, dealers said. The
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      • 871 9 THE NEW YORK stock market on Tuesday retreated in heavy trading, reversing Monday's advance that carried the Dow Jones industrial average to an eight-year high. Analysts said the decline resulted from profit-taking on Monday's gain and continued weakness in the oil group. Oils have been sagging lately on
        871 words
      • 128 9 THE US dollar yesterday was steady against other major currencies in late quiet dealings, after recovering from a slight fall in early trading, dealers said. Sterling pared an earlier gain, trading at a late 2.1670/80 dlrs after 2.1725/ 35 and New York's 2.1785/ 1800. The dollar was also steady
        128 words
      • 44 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $110 million 91-day Treasury bills to be issued from Apr 27 to Apr 30 and Each tender must not be for less than $250,000.
        44 words
      • 197 9 SINGAPORE gold futures yesterday closed firmer compared with overnight levels in thin tiading, dealers said. Opening quotations were marked up between US$7 to $9 an ounce following the metal's strength in New York on Tuesday night and thereafter, the market fluctuated marginally throughout the session, they said. Total sales
        197 words
      • 38 9 Ta«a MM New York 1147B 11 53B 11.67S 11 73S Zurich I1.17B closed 1137S closed *r<S Tm Singapore 11 SOB 11 SOB 11.70S 11.70S Closing prices in US dollars a troy ounce Scarce: Crettt Saiaae, S'pare.
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      • 132 9 THE US dollar for overnight delivery yesterday closed steadier at 218.20 yen compared with a 218 opening here, a 218.10 20 close in New York overnight and a 218.05 close here on Tuesday, dealers said. Trading was light with volume US$737 million. The rate eased briefly to a day's
        132 words
      • 238 9 THE dollar yesterdayija opened slightly below terday's Hongkong finish**! and the previous London* close against the Swiss franc and sterling, dealers said. Interest rates are still main factor influencing the£c US currency, they said, not-w* ing that Eurodollar deposit rates opened about 3/16 per-*™ centage points below Tues->** day
        238 words
  • Page 9 Advertisements
    • 178 9 restaurant presents Wednesday Fashion at 1.15 p.m. Exquisite clothes of SINGAPORE BATIK MANUFACTURERS Models: Make-up: &tb.. /ANCASTEI^ MODELLING W ARTS STUDIO Tel: *****50/1 Liquor FOOD BEVERAGE PTE.LTD. Complimentary Campari drinks will be served ORCfira Tel: *****49, Inn *****22 ext 126 214, Dunearn Road, Singapore 1129 i rj S3 g £1
      178 words
    • 193 9 Bank of New South Wales will put you right "asH in the picture on Q) 3§| foreign exchange. awljL The Bank of New South Wales deals with every major money market around the world, with a team of financial experts to give you up-to-the-minute quotations on rates worldwide. We trade
      193 words

  • 2069 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL A COMMERCIAL Acma (2488
    2,069 words
  • 171 10 8INOAPOU UNIT imiOT <M««Uin' A« B) The Commerce 3 4 It OWHONTIfil (MaM|ai' priM tar Apr Union Spore Fund 1 72xd 8) 177id The Savings Fund S pore Prof Fund S pore Sec. Fund S pore Invest Fund S'pore Equity Fund 117 IB lm in 157 170 146
    171 words
  • 2778 10 Gr'» Crt Net 1981 Last Div Div Y'ld P/E Vol Day High Low Company Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 300 320 Acma 348 12 14* 2* 4.1 14* 71 350 336 Alcom 300 10.0 3* 25.0 334 130 Allied Choc 260 20
    2,778 words
  • 2037 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 lots of 1,000 units, unless otherwise specified. DOMJSnUAUS Una (3.306) (2) 3.30 A Chee (2 90S) AMD (2 658
    2,037 words
  • 47 10 CABL8BERG Brewery Malaysia Berhad: AGM to be held at Carlsberg Brewery Malaysia Berhad, Ladang Perusahaan Shah Alam, Selangor on April 23 at 11.30 am. KILUNGHALL Tla (Malaysia) BM: AGM to be held at 10th floor, Komplek Kewangan, Jalan Raja Chulan, Kuala Lumpur on April 23.
    47 words
  • 620 10 THE BHABE market reinaM bMyiat yesterday with prices spratag at »wteight levels aad —*—gaff slightly whea profit takers stepped la. Blae chips, however, were heMlag ea Brmly. Several Iswer-ttaers emerged to steal some of the glamoar. The prsmlaeat eeaaters laeladed Faaaa, Sim Llm, Hwa
    620 words
  • 653 10 SHARE prices stabilised on the Kuala Lumpur Stock Exchange yesterday and closed on a mixed note. Traders were hesitant and a lack of fresh buying support failed to provide the strong push seen in the last two days. Opening prices were dealt slightly steadier
    653 words

  • COMPANY NEWS
    • 892 11  -  Market Talk... j By WONG SOUK YEE AN ANALYSIS by London broking house Laurence, Prust and Company shows that the 74.3 per cent increase in Tat Lee Bank's net earnings is the highest among listed banks in Singapore. The comparable figures for the
      892 words
    • 642 11 W2MS by HOCK LOCK SIEW THE ACQUISITION of properties has fattened up many a lean company in recent times. Investors must have noticed the rapid foray into property development by several Malaysian companies, some of which were once unknown in the property world. While the property market
      642 words
    • 296 11  -  Letter to the Editor LIM SWE GUAM B 8c (Estate Maaagemeat) M»L Jalaa Wartagla Slagap*rr 1441. Dear Hack Lack Sew, I refer to your article on Straits Steamship which appeared in Business Times on April 7. While the bulk of Steamship's earnings come from shipping and trading,
      296 words
    • 160 11 CARLSBERG is considering more measures to meet the expected rise in demand for its brewery products in the future. This could take the form of extensions to its brewery capacity, currently standing at more than 300,000 hectolitres per annum. Over the past six years, continuing
      160 words
    • 121 11 JUST over a month after acquiring a foothold in Hwa Hong Manufacturing, the Jack Chia group has ceased to be substantial shareholders of the edible oil and industrial soap manufacturing company. Hwa Hong yesterday disclosed that MPH Investments (S), a subsidiary of Jack Chia-MPH, has up
      121 words
    • LATEST RESULTS
      • 76 11 has reported a 30 per cent rise in pre-tax profit to MJ9.21 million for the financial year ended Dec 31.1980. This was achieved on a higher turnover of $30,076 million against $24,483 million in 1979. After-tax profit was $5,267 million ($3.36 million). A «nai dividend of
        76 words
      • 78 11 reported a group pre-tax profit of M 59.2 million for the year ended Dec 31, 1960 ($9.3 million previously). Sales rose by $15.4 million to $103.7 million, while net profit after tax was slightly higher at $6.3 million ($5.3 million in 1979). At the parent company's
        78 words
      • 112 11 suffered a pre-tax loss of M$19,3T9 for the year ended Dec 31, 1960, after incurring a loss of $16,148 at the pre-tax level the year before. However, attributable profit rose to $1,412 million after taking into account a $1.43 million extraordinary gain. In 1979, the group
        112 words
      • 36 11 which was queried by the Kuala Lumpur Stock Exchange following a sharp rise in its share price recently, said it is not aware of any reason for the price upsurge.
        36 words
      • 55 11 is holding an extraor- dinary general meeting on May 7 to seek approval from shareholders for its proposed acquisition of the entire issued and paid-up capital of Mai Kah Corporation Sdn Bhd. The meeting will be held at the Conference Room, 14th Door, Bangunan Hong Leong,
        55 words
      • 24 11 has queried 9b Llm Investments on whether there is any pending information which could significantly affect the company's share price.
        24 words
      • 32 11 a wholly owned subsidiary of Development Bank of Singapore, has increased its authorised share capital from $25,000 to $300,000, and its paid-up capital to $104,000 with effect from April 13.
        32 words
  • Page 11 Advertisements
    • 364 11 From now on the others will have to try harder! This is what car rentals are all about. We offer as near perfect a service as you'll ever get. Because the only cars we rent out form part of our franchise range. Which means that every car rented from us
      364 words
    • 890 11 NOTICE The Royal Bank of Canada Statement for the fiscal year ended October 31, 1980 October 31. 1979 Statement of Assets and Liabilities October October 31. 1980 31. 1979 Assets Cash and due from banks $12,637,284,876 510.515.764.034 Cheques and other items in transit, net Securities issued or guaranteed by Canada,
      890 words

  • 157 12 UPI DEFENCE arrangements between Singapore and Australia are expected to expand under the five power defence pact. An Australian High Commission spokesman said yesterday that Australian Prime Minister Malcolm Fraser has taken the initiative to "breathe new life" into the pact. The pact,
    UPI  -  157 words
  • 196 12 THE NATIONAL United Front, comprising the ousted Democratic Kampuchea government, Prince Norodom Sihanouk and the Kampuchean Peoples' National Liberation Front, is growing every day and improving. The government's Deputy Prime Minister in charge of Foreign Affairs, Mr leng Sary, said this during a press conference
    196 words
  • 353 12 SMALL investors made up the bulk of the applicants for the Neptune Orient Lines' (NOL) public issue of 40 million shares. About 93 per cent of the 138,140 applicants belonged to investors who had applied for between 1,000 and 9,000 shares. Out of every
    353 words
  • 256 12 AFP SINGAPORE and Butterworth will come under air "attacks" in a fourday major air defence exercise which began on Tuesday. The two places have been designated the main "enemy" targets in the exercise, held under the integrated air defence system arrangement among Malaysia, Singapore, New Zealand, Australia
    AFP  -  256 words
  • 897 12 LONDON, Wed. Renewed demand after yesterday's bout of profit-taking took the Financial Times 30 share ordinary Index 15.2 points up to a new peak of 581.3 at 3pm. Widespread demand in moderate turnover left jobbers short and consequently exaggerated price movements, dealers said. Market leader ICI, which said
    897 words
  • 126 12 AP NEW YORK, Wed. The stock market showed a slight loss this morning, continuing the decline that set in yesterday. The Dow Jones average of 30 industrials slipped 0.45 points to 1,005.49 in the first half hour. Losers outnumbered gainers by about 4 to 3 in
    AP  -  126 words
  • 272 12 AFP THE EUROPEAN Economic Community (EEC) commission has authorised France to suspend intraCommon Market imports of Taiwan and Indian-made shirts for men and boys. The ruling affects wool, cotton or artificial fibre products coming into France via other EEC countries. The
    AFP  -  272 words
  • 483 12 NYT THE AMERICAN Express Company will acquire Shearson Loeb Rhoades, Wall Street's second-larg-est brokerage firm after Merrill Lynch, Pierce, Fenner Smith, for about US$9l5 million in stock, the two companies announced on Tuesday. The resulting company will be one of the giants within
    NYT  -  483 words
  • 234 12 UPI US CARMAKERS, confronted with a warning that Japan wants to know their revival plans before it decides on car export reductions, are pressing an urgent appeal to their workers for contract concessions. Ford Motor Co president Donald E Petersen told a Los Angeles
    UPI  -  234 words
  • Page 12 Advertisements
    • 175 12 I am interested in exhibiting Please send me details I am interested in attending workshop sessions. Please send me details just want to visit the exhibition POSITION COMPANY ADDRESS TELEPHONE NOTICES I TST COMMERCIAL. BANK Onc<XPOr«»4 mm«ti lnnitM in TT|iw>i. HO.CI SINGAPORE BRANCH US 520,000,000 Negotiable Floating Rate U.S. Dollar
      175 words
    • 654 12 BANKS, TRADE AND INTERNATIONAL INVESTMENT 0 Shangri-la Hotel, Singapore 10 11 June 1981 9.00 a.m. to 5.00 p.m. Organised by The Institute of Banking and Finance OBJECTIVES The puipose of the Seminar is to explore the future role of the banks in Singapore in international business operations (trade and investment)
      654 words
  • Page 12 Miscellaneous
    • 66 12 WEATHER Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in many places in the late morning. Report (or 24 hoars prior to 7.31 pm on April 22 at the airport. Maximum temperature 28.6 Associated humidity 83 Minimum temperature 24.0 Associated humidity 98 Hours of sunshine Nil Rainfall
      66 words

  • SHIPPING TIMES
    • 257 13 Reuter INDONESIAN authorities are investigating a shooting onboard a Singapore ship in which six people may have died, are holding 25 crew members of various nationalities, diplomatic sources said. "Officially, they are under police protection pending the outcome of investigation and no charges have
      Reuter  -  257 words
    • 531 13  -  By JAN LEE NEPTUNE Orient Lines, Korea Shipping Corporation and Orient Overseas Container Line will submit a new application to the US Federal Maritime Commission (FMC) to operate a joint space charter service on the trans-Pacific trade by the end of this
      531 words
    • PORTSIDES
      • 107 13 AFP HITACHI Shipbuilding and Engineering Co of Japan has won a 1,700 million yen order from China for four diesel engines. Hitachi said the engines will be installed in bulk carriers China is building for Hongkong customers. Of the four, it said, two will be delivered
        AFP  -  107 words
      • 97 13 CONTAINER traffic to and from Japan on the trans-Siberian railway (TSR) landbridge totalled 99 940 TEUs in 1960. This figure included 52,870 TEUs from Japan to Europe, 25,020 TEUs from Japan to the Middle East and 22,050 TEUs from Europe to Japan. In 1979, traffic on the
        97 words
      • 67 13 INDIA'S western Bombay port container handling capacity will rise to between 300,000 and 500,000 boxes a year from 100,000 at present when a new handling station is opened to traffic in early 1982, Shipping Minister Veerandra Patil said. The Press Trust of India quoted Mr Patil as
        67 words
      • 60 13 ORENSTEIN A Koppel Werft of Lubeck, Germany, has received an order for the largest newbuilding in its history. The Dmso million order is for an 18,100 dwt chemical tanker for Gabes Chemie Transport of Tunis, and will give Orenstein Koppel work into 1982. The order was
        60 words
    • 563 13 klpfMcLtar PiT CO vn i tzzr v r vrn m. i i MM vUi 1 m m 4i iv n *sa m i Aai MtrrSmI VI 4 BftM-Onm* VQ 4* EtoMlMa* vtft V > BBS n «> am ua* V 1 Bra OrmM m bM AiU V
      563 words
    • 276 14 AP THE bodies of two Japanese seamen missing since their ship sank after colliding with a US nuclearpawered submarine 12 days ago in East China Sea were found on Tuesday, an official of the Japanese Maritime Safety Agency (MSA) said. The
      AP  -  276 words
    • 954 14 RECEIVING OF EXPORT FCL CONTAIN VMS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy list i nut i<*d Shipping Gdn Mode of Name No. Tim*? of Lines Opersln Arrival iHite Time Unlcon xm 22.4 61 1800 Uftl-Oc«4tt TA 4 VC New Pony 10S/11N ***** Spore Sbpg TA 4
      954 words
    • 1483 14 DETAILS emerged on Tuesday with moderately active grain chartering mostly arranged last week, with new enquiry slow to emerge following the Easter holiday. The slightly easier level ot U5515.75 was paid from the US Gulf to Holland for April/May while $31.50 was agreed from the Gulf to Crete
      1,483 words
    • 402 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Anyi (1500 after Tamuraeverett) 46 Blue Kochi (ro/ro) (1800 must starboard alongside) 47 Builder (after Jenson) 22 Bunga Mas (1300) 45A Cheung Chau (1900 after Kota Angkasa it Bum Chin sail) 13/14 Jacek Malczewski (0530 after Iran Salam) 42/43 Nedlloyd Auckland (0600
      402 words
    • 154 15 OFFSHORE South East Asia (OSEA) *82 a regional petroleum equipment exhibition to be held at the World Trade Centre from February 9 to 12 1982, is fully booked. Ms Jean Mac Donald, director of Offshore South East Asia, attributed the overwhelming response to the
      154 words
    • 685 15 CHINA may soon develop into a major shipfinancing market as opportunities are growing with the brisk expansion of the country's merchant fleet. Bank of America (BOFA) vice-president, Mr Richard Foody, said the foreign bank presence in direct financing to China is still limited. Outlining
      685 words
    • 478 15 A KEY Thai industrial development committee has agreed upon a three-point proposal which includes the development of the western side of Sattahip commercial port to handle general and bulk cargo and a complementary deep-sea port at Laem Chabang for general cargo. The Eastern Seaboard
      478 words
    • 1717 19 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore, Advance dates are published at a maximum of three weeks. PN
      1,717 words
    • 546 20 AFP UNCERTAINTY over the US coal strike negotiations put rates under pressure and slowed activity on the freight market last week despit» a reasonable volume of enquiry. Additionally, due to the long Easter holiday, there was less inclination to do business. Most of
      AFP  -  546 words
    • 150 20 THE major shipping consortia operating between the Far East Europe and Straits ports Australia and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. K* Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/Al STRALIA): Australian National Line. Australia Straits Container
      150 words
  • Page 13 Advertisements
    • 437 13 HEUHG-A SHIPPING KOREA FLAG VSLS Regular Liner Semi-Container Service To: P.Kelani/Keetunf/Busan/lnchon Fm: Busan/H.Kon{/Ban{kok Td S pore: *****11 P.K. *****4, PN *****5 K.L. *****0 MOB CONTAINER Schedules II LONDON Freights 11/111 SHIPS In Port 111 SHIPPING List VII REGIONAL Weather VIII m IA RI) 1\ I AN I AH u Orient
      437 words
    • 318 13 sate n± »i± UASC UNITED ARAB SHIPPING CO (SAG) Shuas>a~(2/6) DnmiMfl (5/6). Abu Dhabi (1/6), Dub* (11/6. Kuwait U4/6) Mm Qaboos (30/5) Kuwait MV Um (5/6). Bahra* (1/6). Abu Dhabi (11/6). Ooha (14/6) FULLY CONTAINERISED SERVICE IM7W *14 •Oosh* Iwws fa 24/4 1200 HRS ICt 23/4 2359 HRS MMUYAH *13
      318 words
    • 686 13 <J>cnan Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV Agents UNIMCIFtC TRAMS ft TMDMS A6ENCT PTt LTB Tel. *****4 (5 lines) SINGAPORE G3 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS Feeder Vmml Kdtn| I Pcntni Sjied
      686 words

  • Page 14 Advertisements
    • 832 14 J I MALAYS/AN INTERNATIONAL SHIPPING CORPN. BERHAD WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE ftwtaiwf Sgjct To Europe Feeder •PfeUnj Vessel S port 1) Msedles 2) Rdam 3) H bw| 4) Gbui B.PCMGA 24/4 St
      832 words
    • 231 14 BBS SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA N Vat KIT MMMLS "BARBER TOBA" Mr I "TERRIER" my 7 "BARBER MARA" my 17. "TALISMAN" my 21 Ml KSSfIS Ml* SNGmiK IT BBS TtRkWM MDOM 47 M U>jrli 4/0 4/* Vt 1/4 »/4 •24/4 *21/1 *21/1 17/1 *21/* 25/4
      231 words

  • Page 15 Advertisements
    • 696 15 NOTICE MEDAFRICA LINE Medafrica Line S.P.A. Announce the commencement of a SINGAPORE/BRAZIL service Calling the ports of SANTOS and RIO DE JANEIRO with effect from "AMERICAN MOHAWK" ETA Singapore 30th April 1981. For further details please refer our daily advertisement or call:SEALION SHIPPING (S) PTE LTD At Telephone No: *****81
      696 words
    • 317 15 fIB PC EMEE Franco Belgian Services r« »<« :m»i t .;r f <•'. r>: /.mf> i> i f'N I C.M.C.R. SEAPAC CONTAINER SERVICE S'N'. AMOBI f NQUIKIf S *44 C* S ???404' T# Opt org Shipping Pte. Ltd. uAiO I umpu' S6?*»9 < PoM 7 00 l 2 PMfftlmg J»»A
      317 words

  • Page 16 Advertisements
    • 758 16 |jC Hapag-Lloyd TO NORTH EUROPE Hongkong fipini HanWwg Eipress Kiaama Marx. htmtnt Eipress Kiaii Mm TO MEDITERRANEA Spore P Keiang I H burg B ha»en 18/5 20/5 26/5 119 5 21 5 27/5 29/5 5/6 7/6 10/6 12/6 TW HK Medrterranea 20 4 22 4 Ercote Lauro 26 4 28
      758 words
    • 744 16 m KOREA SHIPPING CORPN P Kelan* PENANG S PORE VEGA 159W Sid m Port 27-30 April FROM «JSAN BANGKOK VEGA 160E SW In Port 27-30 Apr! TO BUSAN INCHON ALTAR 163W 18-22 May 23-26 May 28-31 May FROM BUSAN BANGKOK ALTAR 164E 18-22 May 23-26 May 28-31 May TO BUSAN
      744 words
    • 690 16 EVERGREEN LINE If FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ALSO ACCEPTING CARGO FOR: UNITED KINGDOM SOUTHAMPTON, LONDON. MANCHESTER BIRMINGHAM. BRISTOL. LIVERPOOL GLASGOW, LEEDS ETC U/CCT nCRMANV BREMERHAVEN. OSLO. STOCKHOLM. GOTHEN BURG. AARHUS. COPENHAGEN HOLLAND AMSTERDAM S'pfft liM*i lotlodMi f aii!to*< tofp It Havre C>« 74/04 11/05 MO5 77/05 75/05 70/05
      690 words
    • 1027 16 I Everett Lines/ Burma Five Star Shippini Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON Acccpte* carp tor W mi Upjn (My Sport P (Mini Penanf MTOMHTM*** In ftrt/2% Apr ftU t PAGAN 24/17 Apr PHASHWGTAWYIIA Pf3o3 Apr HTOWmA lnP«l»Apr B F SS C Agents m Moloywo BOUSTEAD SHIPPING TEL NOS
      1,027 words
    • 366 16 OCEAN SHIPPING ENTERPRISES PTE LTD. 31 SANKYO LINE JAPAN/STRAITS SERVICE gekral agents CONTAMER BOW ME SUB AGENTS P KUANG PfNANG OCUN SHPPMG 4 LNTCRPHBf S PTE LTD SMGAPORE Til *****44/7 4 22*137* K mrm TQ *****4 *****1 OCEAN SHPPMG STORE IU *****44/7 IALAL S CONTAMER P KELANE TU (347. »73
      366 words

  • Page 17 Advertisements
    • 763 17 PIL GROUP FULL CONTAINER SERVICE TO COIOMRO. HODEIDAH. JEDDAH AOABA (Reefer Cntrs Acceptable) VESSEL VOY. I S PORE SW/6E I 10-11/5 KOTASAHABAT 7W/8E I 13-14/6 |KOTA SAHABAT |9W/10E 17-18/7 Accepting LCL Cargo to Aqaba. IST CALL COLOMBO 16-17/5 19-20/6 23-24/7 HODEIDAH 24-24/5 27-27/6 31-31/7 JEDDAH 26-26/5 29-29/6 2-2/8 AQABA 28-28/5
      763 words
    • 891 17 TO EUROPE Hn|k«M| lipress Hunburi Eipress Kurama Mm Alemarsa f iprru Kiuifi Mm 1»P BJI City of f (Anburfti Penan, Eisope BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE HBURG B HAVEN ROAM HAVRE SOTO* Spote P Aetang Orman« Austria Antwerp Erame AUK* 20/4 30/4 21/5 23/5 24/5 2t/5 10/5
      891 words
    • 934 17 t i I fe I f f m A If i i i i 7 fl i t 4 w \l W\ if m Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE TO MEO/UK/NC/SCAN P «<l«|P<W| Spore l>Mser*es?>R4ai« 3)Ml*rt|4) 8 PtHW ?4 4 6 OAHLIA 1/5 e PINAuA l/i 8 DAW
      934 words
    • 633 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNION S. AFRICA STREAMBANK Spore: 3/4 May (loading direct for Durban and Capetown only) Lylces/ 0 Lines U.S. WEST COAST SERVICE Drat trow SfO Lbcti SPORf ASHLEY LYKES U/4 16/4 25/5 LESLE LYKES 3/6 31/5 2/7 tor SIU Tjc VBC 21/6 22/6 25/6 31/7
      633 words

  • Page 18 Advertisements
    • 939 18 IV K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA ETD feeder kssels* n sp Mono kssels tk i» Nv4BayVs 24/4 H/4 Kaitai Hani M/S 24/5 Lions Gate Bndjt 13/5 22/5 Nea Tort Ilaru 12/5 6/6 R«Sluil3N 30/4 2/5 Nc*c Vrcm U/5 21/6 Japan Apofe 22/5 31/5
      939 words
    • 657 18 'M CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE load* tar lOS ANGELES SAN FRANCISCO SEATTLE lACOMA VANCOUVER BC Acceptnf fce/fce Canta«.i P M«0( I *np<« «HV» PARNAT J J WH*A HAFUUA" 3 AUSTRALIA EXPRESS COMTAIMER SERVICE Accaptmt Fa/Fa Cort»»rs PK«afl( Sport Br. S f,M DAVDAS 17 May 18 MUv M
      657 words
    • 428 18 3 SINGAPORE SHIPPING AGENCIES PTE. LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINESI GENERAL *****1 (14 LINES! TERMINAL OFFICE *****83 TELE* RS ***** RS ***** A/B CARSMIP CABLE CARGOSHIP yu* l Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK SN6APOHI m Pt/23 a/2t «p< 3/4 Ma, 2/3 Ma,
      428 words
    • 619 18 KORINS MARITIME SERVICES !S Room 601. ICB Building. Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES ICR LINES k amber H rht Smct Srt«| tl CawpMMet IMER SERVICE FROM KOREA TAINAN HONG KONG TO SINGAPORE hcfw Bwan Kfrtunt H.Kong Sport X 1 Mi, 5
      619 words
    • 730 18 INTRASEA (PTE) LTD. .UJH Faber House 234E Orchard Road Singapore 9 Telephone *****1 V *****57 JJ ALP AC LINE •OUTfI AVmiCA AIPAC ASIA V 47 S pore P KHang Penang 2 May 29 Apr Reunion' Durban Capetown Afentt Sntapore MTRASEA (PTE) LTD *****11 BOOKMG *****57 K Lumpw YEO SHTfMG i
      730 words

  • Page 19 Advertisements
    • 637 19 NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): C. CONTAtO 11W+ N. GARMET 5W K. CHANCE 3W S S BRDGE 311 V C. ROZE 25W K JACEWON 13HL Also accepting cargo to/from Scandinavia C. CONTAINER S pore Closing Times: FCL Cargo 1000 29/4 LCI Cargo 2200 28/4 FROM EUROPE (VIA
      637 words
    • 426 19 MALDIVE LINES ETA ETA KUANTAN PORT KELANG MALDIVE PROGRESS Loading For Kuwait MALDIVE PIONEER Loading for Jeddah MALDIVE NOVEL Loading for Jeddah MALDIVE PEACE Loading For Jeddah MALDIVE MPORTER Loading For Male MALDIVE NEIGHBOUR Loading For Muscat/Dubai/ Dammam/Kuwait MALDIVE PLEDGE Loading For Aden MALDIVE PROMOTER Loading for Kuwait FOR BOOKINGS
      426 words
    • 486 19 sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SftSOV BULOM6 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SMSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** p ho.uk M/S SHMHMT NAH SOON SOU M IST AND 2ND FLOOR NO 1. JALAN CEMPfWNG PORT KLANG MALAYSIA
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  • Page 20 Advertisements
    • 687 20 FLE FREIGHT LINKS EXPRESS PTE. LTD. Ml 1403. 14* Ftm Menutmul Plui. Amor toad 02*7 1* *****45 (5 lam) 221J4J4 Tctti K ***** FRTMAN Australia-lnterfreight Line Acceptinf FCL and ICL to Sydney. Melbourne. Brisbane. Adelaide. Fremantle. New Zealand Auckland, Lyttelton. Kefcngton. Napier and Dunedin Europe/U.K./U.S.A./Canada Al Major Ports and Car
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    • 330 20 SL WOOD LINE Timber and Plywood Service Bulk LOADING FOR NANTES/RDAM/TILBURY (Other UK destinations acceptable) Vessel Spore PKelang T. Ay< GRAND GLOBE WL 003 28/4 24/4 1/5 Wl 004 15/5 24/5 19/5 SILVER PINE WL 005 25/6 15/6 20/6 General Agents:Wood Line (S) Pte. Ltd. Tel: *****11/*****93/*****42 K. Lumpur: SEGANI
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    • 292 20 ft JOHORE SHIPPING LY 161. IAIAN TENGI wcc* seian( TENGKU BADAR PORT KFIANG SELANGOR MALAYSIA HAJ SHIPPING SDN. BERHAD l Express Umttoad Service trom P Ketang East Malaysia Brunei a BINTULU mA CONTRACTORS W** *j SDN. BERHAD 37. Pandun|an Road. Kuctwig. Sarawak. Tel ***** Tctei MA ***** Eipress Car-Camer/RO-RO Service
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    • 480 20 KAWASAKI KINKAI KISEN KAISHA, LTD. JAPAN/STRAITS/JAPAN Fully Containerised Service Vessel NOW) BAY V 5 NORO STAR V 3 SWGAPORE N MALAYSIA: ToAyo Kobe S pore P Keiang Penang S pore Tokyo Kobe SU SM SU 24/4 In fort 25/4 5/5 6/5 27/4 21/4 10/5 12/5 13/5 15/5 21/5 28/5 Boustead
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    • 84 20 NOTICE m.v "CHIDAMBARAM" VOY:Itf arrived mk April, I*l. *1 PJS.A. (irfim Nn. I I General Survey of damaged rargo ex the above vessel will be hek) oil Monday 77th April. 1961. from 9 00 a m to 5.00 p.m. No further survey will be held after this date Ageato:R. JI
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  • Page 20 Miscellaneous
    • 168 20 •s 15 SB* a j if m i a* S>! 6 a .vv i ESS as W Si f.V *r EE? SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather w »»d direction with speed in knots *****1 Wave height Cloudy Sky
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