The Business Times, 26 June 1987

Microfilm: NL15852
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 FRIDAY, JUNE 26, 1987 75 CENTS
    12 words
  • Article, Illustration
    FINANCIAL NEWS SUMMARY
    191 1 Exchange rates THE S$ finished firmer sgainst the US$ yesterday at $2.1150/65 ($2.1180/90). The local currency also closed stronger againat HK$, but weaker against the M$, yen, Swiss franc, DM and US$> 145.90/14 yen, 1.8270/80 DM, S$2.1150/65 £j US$1.6145/55 M$> S$83.97/84.08 ZINC OvtrNM markets Ttwndoy HK Hang
    191 words
  • Article
    Tax accord with US on the cards
    700 1  -  Move to resolve uncertainty over US tax act By LINDA CHEE THE SINGAPORE government is giving urgency to working out a comprehensive double taxstion agreement (DTA) with the United States, its largest trading partner, to resolve any uncertainty that may arise when the
    700 words
  • Article, Illustration
    ST Index hits record high again
    184 1 THE SINGAPORE stock market moved further into unchartered territory yesterday as the ST Index hit another all-time high. The Straits Times Industrial Index gained 4.24 points to set its fourth straight record in a row at 1,256.66, while the Business Times Composite Index closed
    184 words
  • Article, Illustration
    All 7,228 SIA share applications allocated in full
    650 1  -  By NAJEEB JARHOM ALL APPLICATIONS for Temasek Holdings's secondary offering of shares in Singapore Airlines have been allocated in full. Aa expected, the first tranche of 30 million shares was fully taken up but only 54.1 per cent of the second tranche
    650 words
  • Article
    Lock icon Indonesia not rescheduling debts, says minister
    360 1 UPI INDONESIA will not reschedule any of its foreign debt or impose foreign exchange controls, National Development Planning Minister Johannes Sumarlin said yesterday. In spite of an external debt he put at US$32 billion to US$33 billion which has pushed the country's debt service
    UPI  -  360 words
  • Article
    Lock icon Opec ministers begin talks
    123 1 Reuter OPEC MINISTERS yesterday began a meeting in Vienna to decide how to continue charging the world US$lB a barrel for crude oil during the rest of the year, with some cartel members seeking an even higher price. Iranian Oil Minister GhoJamrezah Aqazadeh said as the
    Reuter  -  123 words
  • Article
    Lock icon High Court in KL urged to declare Umno poll void
    239 1 AFP TWELVE MEMBERS of the United Malays National Organisation petitioned Kuala Lumpur High Court yesterday to declare null and void a recent aasembiy which re-elected Prime Minister Datuk Seri Dr Mahathir Mohamad as the party president. They claimed in a
    AFP  -  239 words
  • Article
    A meeting off giants
    35 1 THE WORLD'» biggest producer of synthetic rubber and latex Km set up a technical centre in Singapore the world's biggest marketing centra for natural rubber. Sea Technology on Page for details.
    35 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      13 1 ■SYOUCANSf UMT NAM* w*iip DATA *+4 PUT ON A CROCODILE. WEAR A LEGEND
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      Page 1 Advertisements Column 2
      290 1 How much is a job worth? A MASTERS or a PhD should not necessarily command a bigger salary, says a management consultant. If a company thinks otherwise, it is confusing the people with the job. Instead, people should be paid according to what the job is worth; and one way
      290 words
    • Advertisement
      Page 1 Advertisements Column 3
      61 1 ZOOMING POWER MINOUA Power-enlarging to 4 times original size. Shipping Times comet as a separate section today. Make sure you get your copy. AT A. TESTONI BOUTIQUES #0110 Hilton Hotel Shopping Gdkry Tel: *****55 #03-28/29 Mandarin Hotel Shopping Arcade Tel: *****38 #01-05 Pavilion Inter Continental Tel: *****04 Sogo Dept. Store
      61 words
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  • HOME NEWS
    • Article, Illustration
      Transniko lays claim to a more sophisticated PC
      535 2  -  By ANNA TEO AS FAR as telecommunications equipment dealer Transniko Equipment Re Ltd is concerned, the personal computer could be king at the workplace. For a start, the PC when fitted with a tetexbox or telex card could double as a telex
      535 words
    • Article
      Local technology makes it to the US
      439 2  -  By BOEY KIT YIN SINGAPORE, an importer of foreign technology, has succeeded in marketing some of its expertise to the US through PBIX Consultants. An American company, Astel Ltd, will use PBIX's hotel information software to distribute travel data, package tours and hotel
      439 words
    • Article
      TDB adds 16 profiles to advisory service
      97 2 AS PART of the plan to help local exporters on the international front the Trade Development Board has expanded its profiles of overseas markets. Besides the 20 country profiles released in February, the board has added 16 new country profiles to its technical
      97 words
    • Article
      MEMO – PAD
      326 2 MEMO PAD Seminars and courses DURATION Jul 8 (commencement dote) Jul 8 (commencement date) Jul 8-10 Jul 9-27 Jul 10 Jul 10 (commencement date) Jul tiAug 1 Jul 13 (commencement date) Jul 13 TTTlf Diploma in Business Efficiency and Productivity (Supervisory Management) Certificate in Management Consultancy A Manager's Tool to
      326 words
    • Article
      Move pays off for Japanese furniture retailer
      529 3  -  By BOEY KIT YIN THE DECISION by Japanese furniture retailer Actus to shift its warehousing and distribution centre to Singapore has paid off. Wholesale prices of its products have been slashed by almost a third due to s halving of the group's totsl
      529 words
    • Article, Illustration
      Chief Justice receives Oxford honorary degree
      176 3 CHIEF JUSTICE Wee Chong Jin was conferred an honorary degree in Oxford on Wednesday for helping to maintain the authority of Singapore's courts. The honorary degree was swsrded by the university's new chancellor, Roy Jenkins, sppointed to the prestigious post earlier this year following
      176 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      203 3 TIM JOHNSTON has baan named managing director of CAP Information Systems, Singapore. Mr Johnston, 40, has 20 years of financial, computer application and marketing experience. He joined CAP Financial Services in the UK laat year and was the regional director (Far Eaat) before his recent appointment. In
      203 words
    • Article, Illustration
      Next Marina Sq tenant may be SEA's largest toy store
      580 3  -  By MARTIN SOONG MARINA CENTRE Holdings (MCH), landlord and owner of Marina Square, it close to signing a lease on a 2,700-sq-m unit which it claims could turn into the largest toy store in Southeast Asia. Under negotiation is a
      580 words
    • Article
      New approval system a boon to developers
      374 3  -  By LEE HAN SHIH A NEW SYSTEM adopted by the Ministry of National Development since April 1 has enabled developers to know in six weeks whether their plans have paased through the first scrutiny of the ministry. Miss Lse Lai Choo, an executive
      374 words
    • Article
      Marco Polo group seeks more hotels
      220 3 HONGKONG hotel group Marco Polo International ia on the hunt for four 500-room hotels in Beijing, Bangkok, Manila and either in Sydney or Perth. A spokesman for Hotel Marco Polo in Singapore said the group's senior vice-preeident, Andreas Hofer, during a visit here last
      220 words
    • Article, Illustration
      Singapore now a member of European bar coding network
      350 3 SINGAPORE is now a part of the worldwide European Article Numbering (EAN) bar coding network which has its headquarters in Brussels. EAN is an internstionsl standardised identification system using black lines of varying widths against a white background to represent numbers.
      350 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      295 2 EXECUTIVE APPOI NTM E NTS The new Mitsubishi Galant 1.6 GLS. Whether you see it as a reward so rightly earned, or as another prudent decision, perhaps it is something you owe yourself. The long list of standard features in the new Galant can only be found in more costly
      295 words
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      181 3 Prompt pick-up and delivery 24 hours a day The feasting at Hotel Equatorial's FOODSTOP never stops D«ly: 7«H-ll«m MRfiM SHAOBING YOU TIAO |LjA{iyH BUFFET BREAKFAST AT STEVENS CORNER Qur renowned Taiwanese Shaobing You Tiao Buffet Bteakfast along with Soya-bean milk, Taiwanese porridge, chicken porridge and local black coffee. A Daily:
      181 words
    • Advertisement
      Page 3 Advertisements Column 2
      96 3 I Indian Airlines J[ Singapore Every Hiursday leaves Singapore at a convenient 0825 hours* reaching Madras at 0835 hours*. It provides you easy connections to Bangalore, Tiruchirapalli, Cochin, Trivandrum or any other destination of your choice on our network. What is more, even before leaving Singapore you can have spot
      96 words
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  • ASIA – PACIFIC
    • Article
      Lock icon Japanese companies invest in Asia to offset strong yen
      662 4 Reuter JAPAN'S powerful export machine, hard-pressed by the firm yen, is pouring investment capital around Asia to boost production overseas and deflect steep rises in costs at home. Businessmen and economists said the yen's 45 per cent rise against the US
      Reuter  -  662 words
    • Article
      Lock icon Vietnam's investment code ready to be adopted
      471 4 AFP VIETNAM'S new foreign investment code has been ready for almost a year and should be adopted by December at the latest, says a Vietnamese official specialising in legal and economic matters. Last week, just before the opening of the first session of
      AFP  -  471 words
    • Article
      Liberal opposition promises to reshape Australian unions
      277 4 OPPOSITION LEADER John Howard has vowed to reshape Australia's trade union movement it he wins the July 11 elections. Howard, delivering the Liber-' al Party's policy speech, said he would order a referendum "to enshrine the right of Australians, to choose whether or
      277 words
    • Article, Illustration
      Lock icon Aussies plan world's tallest building
      194 4 Reuter THE SYDNEY Opera House could soon be overshadowed by the world's tallest building if a development supported by the Catholic Church and based on the design of an offshore oil rig is approved by the New South Wales government next week. The picture above
      Reuter  -  194 words
    • Article
      Lock icon Nakasone presents trade awards
      179 4 AFP JAPANESE Prime Minister Yasuhiro Nakasone yesterday presented "trade awards" to trade officials of Australia, Belgium and Hongkong for their contributions to expand Japan's imports of manufactured goods. The three recipients of the awards were Sir Ronald Gordon Jackson of Australia. Viscount Etienne Davignon of Belgium,
      AFP  -  179 words
    • Article
      Lock icon Record 58 in race for presidency
      149 4 Reuter A LAST-MINUTE rush of 42 nominations on Wednesday brought the number of applicants for next month s Indian presidential election to a record 78. the Press Trust of India (PTI) said. Twenty applications were dismissed as improperly filed, but the 58 remaining was
      Reuter  -  149 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      801 4 ARRIVALS Operator ji tWrw From CPA CX710 1015 CGK swt SSI 76 1020 ZRH/KK PAL PR504 1030 KUL MA IM21 1100 BWN GU GA960 1100 CGK SU SQ105 1105 KUL SAS SK971 1140 CPH/M0C SIA SO 201 1145 CGK SU SQ191 1155 P&l SIA SQ238 1155 MES
      801 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      24 4 Air cargo by Lufthansa means expert handling of your important goods to 79 destinations in 26 countries of Europe. Professionally. Speedily. Economically. Lufthansa Cargo
      24 words
    • Advertisement
      Page 4 Advertisements Column 2
      34 4 The business person's choice, every Tuesday. Thursday. Saturday and Sunday. Leaving Changi Airport at 22:05 hours and arriving Heathrow early the following morning. Call your Travel Agent or Air Canoda at *****55. AIR CANADA
      34 words
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  • REST OF THE WORLD
    • Article
      Lock icon Foreign investment in US up 13pc
      350 5 AP FOREIGN INVESTMENT in the US climbed 13.4 per cent in 1986 to U*****.3 billion with just three countries accounting for almost three-fourths of the increase. A report from the US government, released yesterday, said that British corporations made the largest increases in their
      AP  -  350 words
    • Article
      Lock icon EC chief calls for control over budget to avert crisis
      279 5 Reuter PRESIDENT JACQUES DELORS of the European Community Commission said yesterday that the community was on the "verge of crisis" unless EC leaders brought its budget under control. At a news conference ahead of next week's Brussels summit, Mr Oelors
      Reuter  -  279 words
    • Article
      Lock icon Open university proposed
      81 5 Reuter EXPERTS have suggested that the proposed Commonwealth university be modelled on Britain's open university which uses television. The university would bring together the best courses from Commonwealth universities and use distance learning techniques. It will not have its own campus but students would enrol on its
      Reuter  -  81 words
    • Article
      Lock icon US presidential hopefuls offer prescriptions
      556 5 NYT THREE 1988 presidential hopeful» trying to score points among chief executives of American companies on Tuesday offered their preemptions for the nation's trade and economic ilia. Former governor Bruce Babbitt of Arizona, a Democrat and Senator Bob Dole and Alexander Haig, Republicans. took swipes
      NYT  -  556 words
    • Article
      Lock icon Ad man puns his way to the top
      204 5 AP MASTER PUNSTER Q 0 Swick says that quantity, not quality, is the mark of pun-making. Tha advertising salesman and aspiring songwriter claimed his fourth championship at the 0 Henry Museum Pun-off, a world series for punsters held in Austin, Texas, in
      AP  -  204 words
    • Article
      Lock icon French economic decline suddenly a big issue
      376 5 AFP OUT OF THE BLUE this week, French leaders learned with dismay that most of their countrymen thought France was in economic decline a shock indeed in a country where national prestige has been a major concern of all governments since that of
      AFP  -  376 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      346 5 It thar* I If* alter 30 for Mm EC? Pag* 9 SinGAPORE AIRLinES Invitation in respect of 30,000,000 shares of Ssl.oo each in Singapore Airlines Limited at 5513.00 per share by Temasek Holdings (Private) Limited with the right to increase the Invitation to 60,000,000 shares 1 Temasek Holdings (Private) Limited
      346 words
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      Page 5 Advertisements Column 2
      3 5 M «K3&«£« •iijyis^iwJfi^sTsTqajf^^Tr
      3 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      42 5 WIS IS ROLAND HEU&f MTHTHB BUSH CAMPAIGN IN 10WA... ASSeeN TODAY. HOUJEVBR. SUCH A STRATEGf tS NOT WITHOUT RISKS. EVENAMON6 THIS CROW OF BUSH SUPPORTERS, THER&SA TANDdDC >« we mrbush! OR DOS! MB tin in mm BUSH! «®L OR DOLS! T h **>Jl
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  • MONEY AND EXCHANGES
    • Article
      Government securities market
      75 6 Treasury bills Period Issue Yesterday's dosing Day's code Maturity MO OFFER NGH LOW 3 mourtw SQ*****F 24.09.87 2.85 2.75 2.79 2.79 6 mmrtta SS*****F 24.12.87 2.93 2.83 Government notes and bonds Period issue Maturity Coupon Yesterday's dosing Day's code rate BID OFFER HIGH LOW 2 yeors N*****0Z
      75 words
    • Article, Illustration
      World interest rates
      181 6 prim* lending nSmol 12 fiM|or banks In SlnQiporc Interbank market rates (offer/bid) on June 25 us$ DM SWFC Ywt 7 doyi 7 7/14 5/1* 1/8 4 3 7/3 13— 11 3/4 4 3/3— 1/4 1 n* 7 3/1*—-1/1* 1/14 IS/14 3 13/14— 11/14 4 7/14 3/14 4
      181 words
    • Article
      Money markets
      57 6 THE OVERNIGHT rate on the Singapore interbank market jumped 4-1/2 points to cloee at 5-1/2 per cent yesterday. One and two months were unchanged. Three months rose 1/16 point. S$ Interbank rates at 7pm yesterday: Offl MO Ovarii*» 3ft S 1 mwOi 4ft 4 2-martt< 4ft 4ft 3-«>ortti
      57 words
    • Article
      Asian $ market
      339 6 Asian market ASIAN DOLLAR deposit rates yesterday closed little changed at narrowly mixed opening levels in quiet trading with operators cautious due to the US dollar s uncertain direction. Remarks by Bank of Japan sources that the US trade deficit seemed to rule out a further dollar rise and Tuesday's
      339 words
    • Article
      Forex markets
      775 6 SINGAPORE: THE US dollar yesterday closed firmer against most currencies after persistent commercial buying and short-covering in sctive trade. The dollar closed at 145.90/146.00 yen against New York's 144.70/80 finish and at 1.8270/80 marks against 1.8185/75. It closed firmer at 1.5160/70 Swiss francs compared with New York's 1.5075/85.
      775 words
    • Article
      Lock icon Simex/IMM
      523 6 BA Futures SEPTEMBER Eurodollar yesterday opened unchanged from previous close at 92.56 but slightly higher from Chicago's close as the better than expected four-year US Treasury auction provided some buying interest Prices edged higher to 92.62 by mid-session but backed off to 92.56 on profit- taking. Further statement by
      BA Futures  -  523 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      662 6 THE CHASE MANHATTAN BANK, N.A AND SUBSIDIARIES HEAD OFFICE: 1 Chase Manhattan Plaza, New York, New York ***** CONSOLIDATED STATEMENT OF CONDITION December 31 (Expressed in thousands of U.S. dollars) Assets Cash and Due from Banks Interest-Bearing Deposits Placed with Federal Funds Sold and Securities Purchased Under Resale Agreements.. Trading
      662 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Sumita expects exchange rates to stabilise
      436 7 Reuter BANK OF JAPAN Governor Satoshi Sumita said yesterday that he strongly expects exchange rates to stabilise. He told a meeting of businessmen and reporters in Tokyo that there is now market sentiment for a correction to the dollar's weakness, compared with market feeling
      Reuter  -  436 words
    • Article
      Lock icon Japanese banks urged to share greater burden
      621 7 AP AS JAPAN gradually internationalises its financial system, its banks face a growing responsibility to help resolve worldwide economic problems, a leading banker said on Wednesday. "Banks would not try to escape those responsibilities," Kenichi Kamiya, chairman of the Japan Federation of Banking
      AP  -  621 words
    • Article
      Simex team to woo Japanese
      179 7 A LARGE MISSION from the Singapore International Monetary Exchange, led by its new chairman, Mrs Elizabeth Sam. will leave tor Tokyo this Sunday to promote the exchange and its contracts. This is the first time that a Simex programme is being sponsored by the Trade
      179 words
    • Article
      Lock icon Colombia seeking US$1.06bn loan from foreign banks
      149 7 Reuter COLOMBIA is seeking a US$l.O6 billion loan from private foreign banks to finance government programmes this year and next, a senior official said. The director of the National Planning Department, Maria Mercedes Cuellar, said 15 banks, led by Chemical Bank, would coordinate
      Reuter  -  149 words
    • Article
      Lock icon US, Latin American bank meeting ends in failure
      346 7 Reuter A TWO-DAY Inter-American Development Bank meeting tailed to end a rift between the United States and Latin American countries over funding and voting powers, monetary sources said. The dispute centred mainly on Washington's insistence that the US be given increased power
      Reuter  -  346 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      1001 7 ISLAND FINANCE LIMITED (Incorporated in ft* Republic of Singapore! BALANCE SHEET AS AT 31 ST DECEMBER, 1999 SHARE CAPITAL AND RESERVES Share Capital Statutory Reserve Revenue Reserve Unappropriated Profit Represented By: FIXED ASSETS LOAN DEBTORS DUE AFTER 12 MONTHS CURRENT ASSETS Loan Debtors Due Within 12 Months Insurance Premium and
      1,001 words
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      Page 7 Advertisements Column 2
      6 7 J THE RECOGNITION HAS BEEN PRICELESS.
      6 words
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  • TECHNOLOGY
    • Article, Illustration
      Polysar injecting $2m into technical service centre
      517 8  -  By BRIAN GOMEZ CANADIAN PETROCHEMICAL multinational Polysar is setting up a $2 million technical centre at the Science Park to service synthetic rubber users in the Asian-Pacific region. The centre will boost Singapore's role as a regional rubber centre by providing technical services
      517 words
    • Article
      Lock icon Belgium reaps windfall from its mills
      240 8 Reuter BELGIAN TECHNICIANS have developed a new system for generating electrical power from the wind, which is about a third more efficient than exiating methods. The claim came earlier this week as Public Works Minister Louis Olivier officially opened a "Wind Park" containing 23
      Reuter  -  240 words
    • Article, Illustration
      Lock icon Scientists expect shakeout in biotechnology industry
      631 8 Reuter A BIG SHAKEOUT among biotechnology companies it in prospect as the industry's second decade brings a realisation that it takes a lot of time and money to turn wonder discoveries into commercial products. This was one of the forecasts made by scientists at
      Reuter  -  631 words
    • Article
      A tougher class of materials
      220 8 TO MAKE "new" ceramics such as aluminium oxida tough enough for a wide range of industrial use, the materials must be formed at high temperatures and pressures. A new class of materials has recently been reported to possess similar physical properties, but which can be
      220 words
    • BITS & BYTES
      • Article, Illustration
        Developments out of this world
        103 8 FOR MANY Japanese companies, the next growth area is in products that are definitely out of this world. In joint venture with the government or foreign partners. the Japanese sre going shead into spsce progrsmmes. The picture on the right shows what could be a
        103 words
      • Article
        Lock icon A watery cancer hazard
        105 8 NYT CHEMICAL and other toxic wastes emptied into the ocean have turned some fish and shellfish from New England's coastal waters into cancer hazards. A report issued on Tuesday by the Coast Alliance. a non-profit group of environmental and scientific organisations and individuals. says data from
        NYT  -  105 words
      • Article
        Mending the brain tissue
        71 8 SCIENTISTS in Jerusalem working with mice have discovered that behavioural and mental impairments can be repaired through brain tissue grafting. Recent studies by Dr Joseph Yanai of the Hebrew University's Faculty of Medicine show that mice's brains have no problem of graft rejection. This means that
        71 words
      • Article
        Japan warned of software crisis
        87 8 JAPAN will experience a "software crisis" and a shortage of software engineers in 13 years, according to a recent report submitted to the Prime Minister. The Industrial Structure Council, an advisory body to Mr Vaauhiro Nakasone, says that by the year 2000 there will be
        87 words
    • Article
      Lock icon Bullet-proof eye-glasses
      107 8 UPI THE US ARMY is purchasing eye wear strong enough to protect against shrapnel, bullets and po- tential laser beam attacks. About 100,000 of the special sun-glasses and eye-glasses will be issued to troops in deploy-1 able combat units by December. m The laser protection is important because
      UPI  -  107 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      1337 8 TONG BEE FINANCE COMPANY LIMITED AND SUBSIDIARY la (incorporinQ ifi uit nvpuDiic or aingiport) SHARE CAPITAL CAPITAL RESERVE Share premium STATUTORY RESERVE REVENUE RESERVE Unappropriated profit TOTAL SHARE CAPITAL AND RESERVES The Company 6,000,000 6,000,000 2,000,000 2,000,000 1,107,000 1,0(7,000 FIXED ASSETS 4 INVESTMENTS IN SHARES 5 STATUTORY DEPOSIT WITH THE
      1,337 words
    • Advertisement
      Page 8 Advertisements Column 2
      116 8 ACROSS THE BORDER ALL THE DELIGHTS OF A CALIFORNIA BAR RESTAURANT Jumbo Fruit Daiquiri's, unique appetizers great food. 21, Lorong Mambong, Holland Village, Singapore 1027. Til: 467-0917 LOST SHARE CERTIFICATES The following share certificates have bean reported tost, destroyed or mislaid:RALBQH BERHAO Certificate Noa. In the name of Noof eheree
      116 words
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  • WORLD BACKGROUND
    • Article, Illustration
      Lock icon Start of a new era for resurgent US economy
      1451 9 NYT THANKS TO the prolonged decline of the dollar, the US has seen the worst of the extraordinary deficits in its trade, economists, businessmen and other experts believe. The shrinking deficits, they add, spell important changes in the behaviour of the
      NYT  -  1,451 words
    • Article
      Lock icon Is there life after 30 for the EC?
      529 9 Reuter THE European Community (EC) is 30 years old and Brussels is throwing a party, but many of the guests feel that yesterday's adolescent is already undergoing a mid-life crisis. Haunted by financial pressures and missed opportunities, the community is struggling to
      Reuter  -  529 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      771 9 JOINT ANNOUNCEMENT SI OAK INVESTMENT LIMITED (Incorporated in Hong Kong) SIM LIM FINANCE LTD (Incorporated in Singapore) In the announcement ("the Announcement") of 17th June. 1987 issued by N.M. Rothschild Sons (Singapore) Limited, for and on behalf of Sidak Investment Limited ("SIDAK") it was stated, inter alia, that SIDAK had,
      771 words
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      Page 9 Advertisements Column 2
      6 9 AN UNASSAILABLE PARTNERSHIP HAS BEEN FORMED.
      6 words
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  • FEATURES
    • Article
      Good climate for solving problems
      457 10 SEVERAL recent statements emanating from Kuala Lumpur attest to the steady improvements in the Malaysian economy resulting primarily from higher commodity export prices and the consequent flow-through effects on the country's balance of payments and foreign reserves. Prices of the country's main export items, especially
      457 words
    • Article, Illustration
      Contusion over job value
      1458 10  -  Misconception may delay flexible wage system Singapore companies are asked to adopt a more flexible wage system that would, for one thing, reflect more accurately the value of the job being done rather than the person doing it. An Important way to begin is to do
      1,458 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      140 10 Nasi Padang and Rijsttafel Buffet At Only $12.50 #2 cs *HI V Vc A V 1 1 'V- < II 0 r v&s*. >*3 f "ST rff X < I 1*!* Xst> u. ""^crt.vt 3T> f Treat yourself to a simply delightful and mouth-watering spread of Nasi Padang Rijsttafel buffet
      140 words
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      Page 10 Advertisements Column 2
      22 10 PLOT GOLF THE SEW Y WW Tighten up your (jamo Lot Sovvy B.illosloros show you how In BT over v Tuesd ay.
      22 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      655 10 CRYPTIC PUZZLE ACROSS 4 Chap doing wrong out East (6) 7 A garment to draw exaggeratedly? (8) 8 Be exceeaive in cooking or cheating (8) 10 Avoid an absurd duel, note (5) 13 Female code-breaker (2-2) 14 Fruit many consumed (4) 15 Treaaured letters and manuscript (4) 16 Such a
      655 words
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  • SPORTS
    • Article, Illustration
      Lock icon Sunny day for American old guard
      821 11 WIIKIBLEDvVN '87 fet (Sii UPI JIMMY CONNORS, Chris Evert and Martina Navratilova, the old guard from the grand days of American tennis, celebrated the return of the sun to Wimbledon on Wednesday by winning their opening round matches in straight sets. Connors said he
      UPI  -  821 words
    • Article
      Lock icon Tyson to fight Tucker in August
      164 11 AP BOXER Mike Tyson announced in Now York on Wednesday he will fight Tony Tucker at the Las Vsgas Hilton on Aug 1 in a heavyweight title match. Tyson, who will be 21 on June 30, holds the World Boxing Association and World Boxing
      AP  -  164 words
    • Article
      Lock icon Marchbank misses course record by two shots
      394 11 UPI BRITAIN'S Brisn Msrchbank was just two shots outside the course record when he fired s 6-under-par 63 to take the first-round lead in the U*****,000 Monte Carlo Open golf tournament on Wednesday. Marchbank, a 29-year-old Scot who has never won on his
      UPI  -  394 words
    • Article
      Lock icon Results
      489 11 AFP Wednesday matches Men's slnglee Ist round: M Purcell (US) bt S Botfield (Eng) 6-1. 6-1. 6-2; T Msyotte (US x-10) bt J Fleurian (France) 6-2. 6-3.6-3; D Pate (US x-15) bt S Casal (Spain) 6-4. 7-6. 7-6; J Sadri (US) bt J Carlsson (Swe) 6-1, 6-4. 6-1; S
      AFP  -  489 words
  • Page 11 Advertisements
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1181 11 wemmm IB 12 PM SBC Text Sample Pages. Opening and Programme Highlight? foKowtd by Highway ♦o Htavtn. Coming Attractions. Best of British The Horooi (Last episode). World Musk Album. Applause The Kennedy Centre Honour* 1986. Camera Three (Pt 3). ri 5 Robert Urich and Carl Waathara play two convicts 5.10
      1,181 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Bogus bid for Dayton Hudson raises questions
      353 12 NYT THE BOGUS bid for the Dayton Hudson Corp has left in its wake an official inquiry, bitter traders who lost millions, questions about news dissemination and fresh rumours concerning the Minneapolis-based retailing giant. Donald Solodar, who heads the market surveillance division of
      NYT  -  353 words
    • Article
      Lock icon Talks on Guinness Peat seats to go on: Equiticorp
      150 12 Reuter INVESTMENT company Equiticorp Holdings Ltd is continuing to negotiate with British merchant bank Guinness Peat Group PLC to obtain places on the Guinness Peat board. Equiticorp's Hongkong listed unit. Capitalcorp International Ltd, holds about 28 per cent of Guinness Peat
      Reuter  -  150 words
    • Article
      Lock icon Dow Jones continues to lose ground
      417 12 Reuter MILD BOUTS of profit-taking sent Wall Street stock prices lower for the second straight day on Wednesday. Analysts said the decline represents a temporary rest for a market that has climbed sharply into record territory in the past week. The Oow Jones Industrial
      Reuter  -  417 words
    • Article
      Toronto
      129 12 JUNE 94 Ct Imp Oil CI A. Inco 70% 23% 90% until AMHx 34H -X hi Mi 2S%B Alcan Alum 39% 22% ■f Algoma St) 16% 13 Bank Nova Scotia 17% McMil Bldi 28% Bank Of Montreal 33 V 24% Ball Canada 41k 33% Bp Raaoureaa 21% Noranda In
      129 words
    • Article
      Johannesburg
      210 12 JUNK M MO hano U8TMALS Tongaal Truat Bk Un Staal WooNru 1240 230 77 1990 unch -10 +2 •29 A Alpha. 1700 -29 MM MOB Abarcom. AMI 330 WOO 10 unch Angloa 9190 390 tsr* Birtowi 960 ssoo 2490 unch unch unch Blyvoor Buftots 2900 9740 unch 240 C
      210 words
    • Article
      New York
      593 12 JUNK M US 1 1 Alcan Alumin 29* Alcoa 92* Alton InM 16 All tod Sia 4354 -1 Allto-Cttalmara 3 Am Brand* Inc. Am Can Co 46* i Am Cyanamtd 91* i -1* Am Etoc Pwr 27* Am ripiaaa 36* Am Homa Prod 67 Am Motor* Cp 4%
      593 words
    • Article
      European markets
      675 12 Amsterdam Aim m ru ABM ***** •3.9 AOfJOH MOO -19 AhoM 101 40 Akzo ***** Alranta 140.90 AMEV Ainro Bank. AM tad Barfcal 04.70 74.00 123.00 13.00 •at -oe -1.2 -f 0.9 BOLS 106.00 *2 Boraumi) Catva 126.90 troda 93 MS 3.9 unah -17 9200 06 94.00 -3.4
      675 words
    • Article
      Lock icon Morgan team claims victory in bid battle
      84 12 NYT AN INVESTOR group led by the Morgan Stanley group hat claimed victory in the three month battle for Burlington Induetriee, America's largest textile producer. By Tuesday night's deadline, shareholdera had pledged to turn over 78 per cent of Burlington's stock to Morgan
      NYT  -  84 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      388 12 %a/SSL s®3 M £1 Wtare to wiae, ai«« entertain if:* 1 CONGRATS! You'r* Our Lucky Winners This Wmlc! RAHITA ELLAS ALFRED H. ILG You can be one of our lucky winners too! Each time you have a lunch or dinner at the Meisan Szechuan Restaurant, you stand the chance to
      388 words
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      Page 12 Advertisements Column 2
      194 12 /_|;*[&&-^[[@[-*]<,/|_\")-&*!?] REF FOR 11 No one could expect a stomach to survive the stretch between dinner and breakfast The minute you feel the rumbles, head for shelter here. We have porridge potpourri. Hot and J3 steaming buffet to j get you through the j < night for only $9.50. 7
      194 words
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  • ASIAN STOCKS
    • Article
      Hongkong
      370 13 HONGKONG: Share prices closed sharply lower in heavy, nervous trading on profit-taking yesterday after Wednesday's market surge. The Hang Seng Index fell 42.67 to 3,136.31 while the Hong Kong Index dropped 25.68 to 2,031.73. Turnover rose to HK$l.35 billion. Local institutional buyers were reducing their portfolios in anticipation of
      370 words
    • Article
      Taipei
      228 13 JUNK m All Sincara Indus Asia Camant Cathay Coos NTS 4.42 45 80 86.50 <• -0.11 •1 -1 Kuochan Dsv Laa Chang Yuan Cham Indua Lian Hwa Indua. Nan Ya Ptaa .32 30 .36.10 22.50 -0.6 -0.4 -0.7 Chang Hwa Bank... Chang Loong Ch«a Hain Camant. 86 50 37
      228 words
    • Article
      Tokyo
      392 13 TOKYO: Prices closed higher in moderately sctive trade on some morning buying yesterday sparked by the dollar's rise against the yen, brokers said, adding that interest tailed off later as the US currency stabilised. The market index rose 138.60 to close at 25,031.35 after earlier touching 25,135.46. Advances led
      392 words
    • Article
      Seoul
      118 13 JUNE 29 WON Kal Kangwon Ind 1400 ***** -38 -300 CMI Sugar 31S00 Kia Motor ***** -400 Daatim Ind ***** -550 Koton ind ***** -900 ***** -360 2300 -60 ***** -300 Lucky Ltd 1416 -25 Dalahln Sacurfttaa.... Dong Ah Phar 3000 ***** -60 OrtantaJ Brawary.... Ortantai Cham ***** *****
      118 words
    • Article
      Sydney
      452 13 SYDNEY: The Australian share market closed firm yesterday in mixed trading with rises in mining issues leading the market higher, backed by a resumption of buying interest in selected industrial stocks. A further increase in gold prices overnight gave the market a good start. Brokers said there was a
      452 words
    • Article
      Manila
      82 13 JUNE as mot tin I AcoJ* Mining Oriental B Phil 0»inm 0.07 0.14 0.90 0 0029 002 Anglo Phil Ap« Mining B AHaa Con. B 0.012 ***** 27 90 0.001 0.0029 1 Pkxo B PLOT 877.90 219 -279 +2 Boguto QoKJ 0 006 -0.0009 D<<> 0026 0 003 BUK
      82 words
    • Article
      Lock icon Bangkok
      152 13 Reuter BANGKOK: The Securities Exchange of Thailand Index edged up 0.10 to 295.43 on a turnover of 3,794,313 shares worth 680.11 million baht. Reuter JUNE n IAMT Saha Union Sum Camant 404 1171 -9 unch Ayudhyi Bangkok Agro-tad Bangkok Bank 324 .m 290 4 4 •10 Siam City Camant
      Reuter  -  152 words
    • Article
      Lock icon Toshiba to investigate deal
      75 13 Reuter TOSHIBA CORP will soon launch its own investigation of how and why its subsidiary, Toshiba Machine. Co illegally exported high-tech secrets to the Russians. A Toshiba spokesman said: "We want to find out how these illegal transactions occurred and what the system is for checking
      Reuter  -  75 words
    • Article
      Lock icon Wormald considering a bid for Sunshine (A)
      371 13 Reuter FIRE PROTECTION and security group Wormald International Ltd is considering making an offer for all the issued shares and options of its stablemate and largest shareholder, Sunshine Australia Ltd. Wormald said in a statement it now held 17.87 per cent of Sunshine,
      Reuter  -  371 words
    • Article
      Lock icon Japan takes small step to tighten rules against insider trading
      361 13 Reuter JAPAN'S securities industry, under pressure from abroad to tighten rules against insider trading, has taken a small step in that direction. But brokers and academics in Tokyo said the move is likely to have little impact in the face
      Reuter  -  361 words
    • Article
      Lock icon Japan's exports of VTR and TV sets take a tumble
      107 13 Reuter JAPAN'S exports of video tape recorders (VTRs) fell to 1.75 million in May from 2.33 million a year earlier, the seventh consecutive monthly year-on-year drop, finance ministry statistics show. The May exports compared' with 1.83 million in April this
      Reuter  -  107 words
    • Article
      Lock icon Mitsubishi Trust in Beijing venture
      58 13 Reuter THE MITSUBISHI Trust and Banking Corp has proposed a Beijingbased joint venture with Peking Everbright Industrial Co Ltd to lease machinery to Chineee firms. A Mitsubishi Trust spokesman said the venture, still in the planning and negotiation stage, will also help the Chinese firms
      Reuter  -  58 words
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      553 13 WSiere id wtm, itim aai nuittiuia V\v V f 4 *V '>V ,n/ Fabulous Buffets in a Day at Apollo Local Buffet Breakfast Nonya Buffet Lunch High Tea Buffet Singapore Buffet Dinner Hot Porridge Buffet Supper 405 Havelock Road.Singapore 0316, Tel: *****81. 5+ $14+ 6+ $14+ 7+ Apollo Hotel Singapore
      553 words
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  • COMMODITIES
    • Article
      Lock icon Better times likely for Caribbean exporters
      712 14 FT EXPORTING COUNTRIES in the Commonwealth Caribbean are anticipating improved performance this year after faring modestly last year. The Caribbean Development Bank, in its latest annual report on the performance and prospects of its 17 borrowing members, said there was slight improvement in sugar,
      FT  -  712 words
    • Article
      Palm Oil
      434 14 Crude palm oil futures yesterday closed steadier in active trading following volatile price movements on the KLCE. The market opened higher but dropped back to $760 per tonne level therefore firming up the encouraging report from the Rotterdam lauric oil markets. Some fresh buying also aided sentiment. July
      434 words
    • Article
      Produce Prices
      271 14 Chinese Produce Exchange $0*00' noon doatog prlcot on Juno 25 (SS/100 kg) Coconut oil Wk FOB 92.00 Old drum FOB 102.00 Now drum FO® 106.00 Copra Mlxod (Ioom) 54 MNocs Pepper Muntok wftrtt FOB NIW 1157 JO Sarawak whit* FOB foq NIW 1142.50 Sarawak ipodal Wock FO# NIW
      271 words
    • Article
      Lock icon ITC creditors suffer first setback in court ruling
      151 14 Reuter CREDITORS of the International Tin Council (ITC) suffered a setback in their actions against ITC member governments on Wednesday with a London High Court ruling that the governments cannot be held liable for the council's debts. Mr Justice Staughton ruled the
      Reuter  -  151 words
    • Article
      Precious Metals
      342 14 HONGKONG: GOLD yesterday closed weaker at the day's low on late selling pressure in fairly active trading. The selling reflected a round of short-covering in the US dollar towards the close of Asian markets. Traders Had been reluctant to take new positions ahead of the Opec ministerial meeting
      342 words
    • Article
      London Markets
      324 14 London Commodity Exchange ivym/Uam daring pricm on M» 24 |C/)om union tpodflod). "-•<*ou» do*Ki Dries* fat POf Coffoo Rath in-ttoro London, toRort option OF London My 1234/123* High/Low (1252/1254) 1261/1225 S*p 1256/1257 High/Low (1269/1270) 1275/1245 (4063) SatM Cocoa My 1320/1323 (1310/1319) Ugh/low 1320/1307 S«P 1306/1307 High/Low (1305/1307) 1306/1295
      324 words
    • Article
      Lock icon Wheat
      81 14 Reuter WHEAT futures on the Chicago Board of Trade on Wednesday cloeed 3-1/2 to two cents higher with July settling 3-1/2 cents higher at USS2.B6-1/4. Corn futures closed 4-1/2 to three cents higher with July up 4-1/2 cents at US$l.92-1/4. The nearby contracts firmed against the deferreds amid improved
      Reuter  -  81 words
    • Article
      Soybean
      95 14 SOYBEAN future* on the Chicago Board of Trade on Wednesday closed 11-1/4 to 9-1/2 US cents higher, several cents off session highs, with November up 9-3/4 cents at U555.69-1/2. Rumours that Brazil is dosing export registrations in soybeans and soymeal, as with soyoil on Tuesday, and news of labour
      95 words
    • Article
      Oil and Products
      77 14 PETROLEUM PRODUCTS barely moved in dull markets at the start of the Opec meeting. Naphtha and kerosene were weak. Fuel oil stayed firm on lack of prompt supplies in Singapore. Crude (FOB origin) USS/harrd DkM LMy) 17JO WM T.XO» Otmmf -0.06 WT1 (A«*) 1*4« -0.15 Products (FOB
      77 words
    • Article
      Rubber
      359 14 Reuter SMGAPORE THE MARKET yesterday closed higher with July 1 RSS buyers quoted et 206.50 cents/kilo, up 1.75 cents from Wednesday. The morning session gained one cent on some short-covering end speculative buying in quiet trading. Prices rose a further 0.75 cents in the afternoon on further speculative buying
      Reuter  -  359 words
    • Article
      RAS and MRELB
      283 14 RAS prices *sc «M|, K M In ball NOON qny Ivyon lolton Bwyon *-M to 1 RSS Prompt 209JO 210 JON 210.00 211.00N to 1 RSS My 87 208.00 204J0 208J0 209JO to 1 RSS Aug 205.50 206.00 206.00 207IX) tat 2 RSS Of 199.50 201 JON
      283 words
    • Article
      SSR and SMR
      85 14 (carts/kg, 1-Mn pal—») JULY 87 AUGUST 87 (currant month) (forward month) RAS NOON NOON ;,IHn ■iiycn iihn SSI 30 179 JO 181 JON 178J0 1M JON SSI 50 178.50 179 JON 177 JO 178J0N ;UM-m 1^— SMI cv 3594)0 361.00N 360-00 263.00N SMI I 258.50 360JON 259JO
      85 words
    • Article
      KL Tin
      135 14 Reuter THE KUALA LUMPUR tin market (KLTM) price yesterday recovered two cents to dose at M 516.51 per kilo on covering interest Wednesday's fall attracted buying intereet at the lower level, with a bid of 85 tonnes at the opening against offers of 48 tonnes. Buying demand was
      Reuter  -  135 words
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      Page 14 Advertisements Column 1
      389 14 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND ESSEBI FORTUNA TRADING PTE. LTD. STATUTORY DECLARATION PURSUANT TO SECTION 291(1) OF THE COMPANIES ACT, CAP 50 We. Chew Kong Ming. I/c No: *****77/ A of 7 Frankel Walk. Singapore 1545, Koh Chek Poo, I/c No: *****83/ C of
      389 words
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      Page 14 Advertisements Column 2
      560 14 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND TAY KOH YAT TRADING CO PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL GENERAL MEETING (Pursuance to Section 308(1)) NOTICE IS HEREB"! GIVEN In pursuance ti Section 308 (1) of th Companies Act, Chapter 5C that a general meeting
      560 words
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      Page 14 Advertisements Column 3
      512 14 IN THE MATTER OF THE COMPANIES ACT, (CHAPTER SO) AND IN THE MATTER OF FOO YEE HUNG MOTOR (PTE) LTD (Incorporated in the Republic of Singapore) (IN LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extra-Ordinary General Meeting of the Members of FOO YEE HUNG MOTOR (PTE) LTD duly convened and held
      512 words
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      Page 14 Advertisements Column 4
      239 14 In the matter of The Companies Act Cap. 185 and In the matter of EVESHAM CLINICS (ASIA) PTE LIMITED (Members' Voluntary Winding Up) At an Extraordinary General Meeting of the abovenamed company deemed to have been held on 22 June 1987, the following resolutions were duly passed:— SPECIAL RESOLUTION RESOLVED
      239 words
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      Page 14 Advertisements Column 5
      4 14 TRADER VK'S lithi//'</' T
      4 words
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  • SHARE INFORMATION
    • Article, Illustration
      Buying interest focuses on Singapore counters
      4314 15 SHARE PRICES closed mixed yesterday in active trading with market interest now turned to Singapore shares. The Straits Times Industrial Index closed 4.24 points higher at another new record of 1256.66, while the Business Times Composite Index closed 3.77 points up at 1128.34. Gainers
      4,314 words
    • Article
      Chief price changes
      261 15 SINGAPORE Rises 1 ndlc«« Jm 24 J>m 25 Matro HMg> i iao 70 IT ConpoaO* 1124J7 I12*J4 0 s 1460 50 •TOt/OS •4 ICS 10*0 40 •TCAO -5590 5*3 MIC7K 50S 39 IT 10-doy MA -56M -56*0 1 at—on Hyd 2*4 39 ITOtV 124*037 +*****10 1 Tl
      261 words
    • Article
      Business done on the SES
      4415 15 810 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. All Time Settlement Contracts are quoted after the word "SETT".
      4,415 words
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  • COMPANY NEWS
    • Article
      MMC's two expatriate directors step down
      210 16 BOTH OF MMC's expatriate directors, AJW Owston and JS De W Waller, have submitted their resignations from the board. This followed the sale of Charter Consolidated PLC's stake of 13.8 per cent in MMC recently. The two represented Charter Consolidated's interest in MMC. Mr
      210 words
    • Article
      Magnum unveils financing for Kepong project
      170 16 MBT OUT OF the M 543.57 million cash proceeds from the sale of its stake in Phicom PLC, Magnum Corp plans to channel about MS 15 to MS2O million to develop phase one of its Kepong project, which is expected to get underway later
      MBT  -  170 words
    • Article
      Kuala Lumpur stock market falters after making promising start
      346 16 THE KUALA LUMPUR stock market weakened marginally across the board yesterday in moderate trading in spite of s promising start Counters that were traded againat the generally weaker bias included Malayan Tobbaco which jumped 56 cents to M 56.05, and National
      346 words
    • Article
      Business done on the KLSE
      2820 16 BID and offer prices officially listed and hnstwss 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. INDUSTRIALS Aano I—l Afri—rta (3488) Alex Hk)g 1 Alcorn (1108
      2,820 words
    • Article
      Unit trusts
      250 16 Managers' prtc»j MARA-Bumiputra for June 26 FirH B putro 6 88 793 Singapore Unit Trust S*cond 1'putro Third B'putro 617 471 622 476 TK# Comwtc* 1.13 130* Fourth B'putro 5-51 556 Th* Savingi Fund 096 104 Fttlh B'putro 365 3.70 S'por* frog Fund 0-47 0.51 Surth B'putro 393
      250 words
    • Article
      COMPANY MEETINGS
      92 16 APOLLO ENTERPRISES Limited: 19th AGM at the Conference Room, 3rd Storey, Apollo Hotel, 405 Havelock Road, Singapore 0316 on Friday, June 26, at 11am. HIND HOTELS INTERNATIONAL Limited: AGM at Imperial Hotel Singapore, 1 Jalan Rumbia, Singapore 0923, on Friday, June 26. HONQ LEONQ FINANCE Limited: 22nd AGM
      92 words
    • Article
      Selected indices
      111 16 HONGKONG Hongkong Index Thursday 2031.73 Wednesday 2057 41 Week 090 2026 5 Hang Song Index Thursday 3136.31 Wednesday 3178 96* Week ago 3133.74 All Industrials Thursday Wednesday Week 090 NEW YORK Dow Jones Wednesday Tuesdoy Week ago 2572.3 2567.5 2615 J *****1 2439 73 2407.35 TOKYO Nikkei Average
      111 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      1921 16 <fcolben Castle finance t CORPORATION LIMITED (Incorporated in Singapore) AND ITS SUBSIDIARY COMPANY BALANCE SHEETS AS AT 31 DECEMBER, 1886 LIABILITIES AND SHAREHOLDERS' EQUITY Share capital and reserves: Share Capital Statutory reserve Capital reserves Revenue reserve Deferred income tax Current liabilities: Fixed, savings and other deposits Other payables and accruals
      1,921 words
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  • COMPANY NEWS
    • Article, Illustration
      Appointment void, says Landmarks
      284 17 THE BOARD of Landmarks Holdings Bhd announced, at a meeting on June 24, that the appointment of Tan Sri Chong Kok Lim as a director null and void. "The initial erroneous appointment of Tan Sri Chong Kok Lim was made on June 8 after seeking legal
      284 words
    • Article
      Hotel Properties confirms talks on land deal
      121 17 HOTEL PROPERTIES Ltd yesterday confirmed that the company "is in an advanced stage of negotiations" with the vendors of two plots of land along Orchard Boulevard. No agreement has been signed yet. An appropriate announcement with full details will be released "following the
      121 words
    • Article
      COMPANY BRIEFS
      109 17 NEPTUNE ORIENT Lines Ltd has appointed Mr Takuro Otsuka as a director to replace Mr Goro Mizutami who has retired. PEAK HUA Industries Bhd, in respect of the five-for-one rights issue, has said that the last day for splitting will be July 14 at 5pm. The last day
      109 words
    • Article
      Fraser hopes to draw more Aussie investment funds
      402 17  -  By ELAINE KOH FRASER CO, Singapore's oldest stockbroking firm which is to be transformed early next month into Fraser Roach Co Pte Ltd, hopes to attract more Australian investment funds here. At the same time, the newly corporatised broking entity with a
      402 words
    • Article
      KLSE meeting brokers on graduated commissions
      374 17 Bernama THE COMMITTEE MEMBERS of the Kuala Lumpur Stock Exchange will be meeting stockbrokers from the various states to discuss the possible implementation of graduated commissions and a new settlement scheme. The committee members have already met brokers from Malacca, Muar, Batu Pahat and
      Bernama  -  374 words
    • Article
      Bank Negara suspends financing plans
      288 17 Bernama BANK NEGARA MALAYSIA has put on hold the various new share application financing schemes introduced by several financial institutions lyA Bank Negara spokesman said yesterday that this was due to the problems of multiple share applications and public complaints in the past. As such,
      Bernama  -  288 words
    • Article
      Judgement on UOA application to strike out petitioner reserved
      529 17 MBT MR JUSTICE Abdul Razak bin Datuk Abu Samah of the Kuala Lumpur High Court has reserved judgement on the application by United Oriental Assurance to strike out the first petitioner, Wan Abdul Rahim Kamil, from a petition brought against the
      MBT  -  529 words
    • Article
      LONDON STOCKS
      883 17 SHARE PRICES were mostly lower in morning business yesterday but showed signs of picking up from the initial lows. Dealers said prices were depressed first thing in the morning as investors continued the profit-taking seen late on Wednesday. There are still signs that UK institutions are supporting the
      883 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      488 17 kVi STATEMENT OF CONDITION For Ymt End*d 51.1186 80. 000 US$OOO For Year Ended 31.12.85 ASSETS Cash and Due from Banks Money Market Instruments Placements Marketable Securities Loans Customers' Liability on Acceptances Fixed Assets Other Assets Total Assets LIABILITIES Deposits at Call and Due to Banks Time deposits Acceptances Outstanding
      488 words
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  • Article
    Creditors of T&C unit appoint reporting accountant
    418 18  -  By HOMER CHEN MR SAJJAD AKHTAR from Arthur Andersen Company has bean appointed as special reporting accountant to beleaguered Town City subsidiary, Qood Property Land Pte Ltd (GPL), which owns the Meridien Hotel. His appointment waa at the request of GPL's creditor banks
    418 words
  • Article
    SME task force calls for coordinated aid
    577 18  -  New development bank among recommendations By BOEY KIT YIN ASSISTANCE given to small- and medium-sized enterprises (SMEs) by the Small Enterprise Bureau (SEB) is unfocused and uncoordinated, said a task force report The task force was commissioned by the SEB late last year
    577 words
  • Article
    What the official really said about HK's future
    90 18 Reuter CHINA'S official press yesterday published what it said was the authentic version of a senior official's remarks on the future of direct elections in Hongkong before Beijing takes the colony over in 1997. The China Daily said Mr Li Hou, deputy
    Reuter  -  90 words
  • Article
    Korean street march still on as Chun-Kim talks end in a deadlock
    286 18 Reuter SOUTH KOREA'S Opposition, spurning President Chun Doo Hwan's political concession# aimed at calming nationwide strife, last night vowed to press ahead with a big "peace march for democracy" today. After President Chun's government on Wednesday lifted a
    Reuter  -  286 words
  • Article
    Thatcher's new programme likely to be resisted by opposition
    328 18 Reuter PRIME MINISTER Margaret Thatcher yesterday promised Britons more choice in housing and education, extended drinking hours and a radical reform of local taxes in a programme to take Britain into the 1000e. Boosted by a huge 101-eeat majority in the
    Reuter  -  328 words
  • Article, Illustration
    From New Zealand and sheep to the global bull run
    251 18 SHEEP. TROUT. Sport». No Nukee. Nature Now Zealand. It'a a nico and humblo country unless you consider a tough and idealistic antinuclear stance arrogant Or a demand that murderers of environmentalists be brought to justice somewhere over the Rainbow. Tomorrow'a
    251 words
  • Article
    Comex gold and silver
    86 18 Reuter COMEX GOLD futures trended lower yesterday morning on light selling following the US dollar's rscovery. August gold waa off US$3.BO at U*****.60 an ounce, breaking through Wednesday's low of U*****.70. Silver futures eased on light selling stemming from the eerty downturn in gold. The July
    Reuter  -  86 words
  • Article
    Dow Jones higher
    65 18 AP WALL STREET stocks staged s broad sdvsncs yesterday morning, encouraged by declining interest rates. Tha Dow Jonas Industrial Avaraga rosa 11.16 points to 2,430.57 in tha first hour of trading. Gainers outnumbered losers by about five to two. Tha dollar showed strength, rebounding from a couple
    AP  -  65 words
  • LATE FILE
    • Article
      Private sector freedom urged
      60 18 AFP A GROUP of experts hu urged Amn to booet economic growth by giving mora freedom to the private sector. Paul Laong, haad of tha Group of 14 on Asean Economic Cooperation and Intagration, said that tha group's findings would ba put to tha Aaaan Chambar
      AFP  -  60 words
    • Article
      First Budget reading approved
      46 18 Reuter THE THAI Parliament yesterday passed the first reeding of next year's Budget sHer s long debate in which Oppoeition members accueed the government of trying to appease the military by increaaing its share at the expense of other economic sectors. Reuter
      Reuter  -  46 words
    • Article
      Threat by landowners
      51 18 Reuter SUQAR plantation owners thraatanad yaatarday to »«unch civil diaobadianca campaign in the cantral Phil•PfXnaa if Praaidant Corazon Aquino puahad through •waaping land reforme. "We will withdraw our bank da- po»«i. «top paying taxaa and I join mass proteet actions." a epokeeman for tha iandown- •n Mid.
      Reuter  -  51 words
    • Article
      Grenade attack on Sin's house
      27 18 Reuter A HAND grenede thrown at the house of Cardinal Jaime Sin, Archbiehop of Manila, wounded two peseers-by yee- I terdey. Reuter
      Reuter  -  27 words
    • Article
      Reshuffle in Hungary
      63 18 Reuter PRESIDENT Pal LoeonczJ will retire and Prima Minieter Qyoergy Lazar will be replaced in a reehufhe at tha top of the Hungarian leader- ship. Mr Loeonczi, 67, head of «tat® for 20 years, will be aucceeded by Karoly Nemeth, deputy to Communiat Party leader Janoe Kadar,
      Reuter  -  63 words
    • Article
      Role in review panel demanded
      46 18 UPI FlJl'a predominantly Indian sugar cane growere, who have refused to harveet this seeeon's crop in proteet ageinet the Mey 14 military coup, yeeterdey demanded a voice in the propoeed Conabtutional review committee aet up by the country's interim government UPI
      UPI  -  46 words
    • Article
      Preventive raid on Golden Temple
      32 18 Reuter HUNDREDS of police raided the Qokten Temple in Amrttsar yesterday to prevent extremists from proclaiming a separatiat Sikh government from within Sikhdom'a holieet shrine today. Reuter
      Reuter  -  32 words
  • Article
    KL needs to develop other energy sources, says minister
    268 18 Bernama MALAYSIA will cease to be a net exporter of oil after the year 2000 and it will have to learn from now not to depend on oil both for foreign exchange and future energy needs, according to Energy, Telecommunications and
    Bernama  -  268 words
  • Article
    KL to give entrepreneurs an investment tax allowance
    237 18 Bernama THE MALAYSIAN Trade and Industry Ministry haa approved guidelines for the provision of an investment tax allowance to encourage local and foreign entrepreneurs to inject capital into the agricultural, hotel and tourism sectors. Trade and Industry Minister Datin Paduka Rafidah Aziz
    Bernama  -  237 words
  • Article
    Joint Thai-US military stockpile to start in 1989
    244 18 AFP THE PLANNED US-Thai War Reserve Stockpile (WRS) in Thailand will begin in fiscal 198$, US Defence Secretary Caspar Weinberger said in Bangkok yesterday. He told reporters that he foresaw "no problems" in getting the US Congress to approve this session the
    AFP  -  244 words
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      Page 18 Advertisements Column 1
      123 18 you owe it to yourself.. S A m s Your family's happiness in Singapore will be determined by the environment in which they live. That's why you owe it to yourself to check out Ardmore Park. School buses call at the gate... there is aerobics, squash, tennis, swimming, chip and
      123 words
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      Page 18 Advertisements Column 2
      89 18 /21 burnishedcoromandel screen glows JL 2JL] softly, reflected in the silken light of an early 19th century ginger jar table lamp. Huge mirrors bordered by sinuous, dreamlike leaves adorn the walls. This is the rare and privileged world of a superlatively exclusive new furniture showroom, Ambience. Welcome. Ambience Trading (Pie)
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  • Page 18 Miscellaneous
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  • SHIPPING TIMES
    • Article
      Port Klang expects to register cargo throughput of 13m tonnes
      452 19  -  By G DURAIRAJ PORT KLANG expects to make a comeback this year on the back of an improved economic climate. Malaysia's premier port is projected to register a 5.9 per cent increase in its total cargo throughput to 12.9 million
      452 words
    • Article
      Jardines sets up new division for marine, cargo surveys
      173 19 JARDINE MATHESON has formed a new division, Jardine Surveying Services (JSS), to undertake marine and cargo surveys, commodity inspection and analysis in Asia. Like its shipping agency, Jardine Matheson has decided on Singapore as the regional office for JSS. The Singapore
      173 words
    • PORTSIDES
      • Article
        Sixty ships delayed at Rhine
        115 19 Reuter A QUEUE of at least 60 vessels has formed on the Rhine's main navigation channel at Maxau, where high water levels have delayed an operation to raise the wrecks of two sunken boats, a water authority spokesman said. A water level of 754 cm
        Reuter  -  115 words
      • Article
        Star Carrier sinks while under tow
        76 19 AFP THE crippled 15,992-ton South Korean freighter Star Carrier sank while under tow yesterday about 70 kms off Miyazaki Prefecture, on the southern island of Kyushu, Japanese Maritime Safety Agency officials said. The South Korean crewmen had been taken off by a Japanese tanker
        AFP  -  76 words
      • Article
        Indian ship enters port
        120 19 AFP AN INDIAN cargo ship carrying about 760 tonnes of relief supplies to Sri Lankan Tamils entered the island s territorial waters yesterday, the Press Trust of India (PTi) reported. The Island Pride, which sailed from southern India on Wednesday, was expected to go to the
        AFP  -  120 words
      • Article
        Japanese boat hit by rocket
        91 19 AP A 10-TON JAPANESE fishing boat with four fishermen aboard was hit by a signal rocket from an unidentified ship yesterday in a strait between Japan and a Soviet-held island. One fisherman was injured seriously, the Japanese Maritime Safety Agency said. An MSA official, who
        AP  -  91 words
    • Article
      Depreciation item augurs well for Hapag's future
      627 20 Fairplay The 1986 results of HapagLloyd, West Germany's largest shipping, show a number of items that augur well for the company's long-term future. Probably the least important figure is that of net profits of DMS3 million (U5529.5 million) which were about half those
      Fairplay  -  627 words
    • Article
      Saudi Arabia agrees to detect mines off Kuwait
      578 20 FT SAUDI ARABIA has agreed to sweep waters off guwait for mines if it is established that they threaten navigation in the main deep water channel leading to Kuwaiti oil ports, according to US officials. US experts have begufV working with Kuwait's
      FT  -  578 words
    • Article
      INDEX TO ADVERTISERS
      935 20 AB Shpg V 5 ABC Container VM 1 Accord SKpg VI 3 Ahrenitiel liner XI 1 Africa Oceon XN 2 Alltrons vn 3 AC Toepter IX 5 American Tp« XII 2/3 Anro Service IV 2/3 Arrow lines XN 3 Aiion Ocean VI 3 Attos Lin* X 3
      935 words
    • Article
      Better employment prospects boost utilisation rate of oil rigs
      188 20 INCREASE in the number of drilling rigs working in the Gulf of Mexico has pushed up the utilisation rate for supply vessels. The more modern platform supply vessels with liquid mud capacity rose by 3.4 percentage points to 93.8 per cent
      188 words
    • Article
      LONDON FREIGHTS
      1132 20 FREIGHT rates for grain chartering out of the US remain fairly depressed on Wednesday with the lower level of U5513.50 reported to have been paid for a Panamax vessel from the Gulf to Japan, shipbrokers said. This compares with the Baltic sub-index for this voysge of $13.90. Levels
      1,132 words
    • Article
      CONSORTIA
      173 21 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan 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/ AUSTRALIA): Australian National Line Australia/Straits Container Line
      173 words
    • Article
      Scottish box terminal will close at end of June
      180 21 THE GREENOCK container terminal in Scotland is scheduled to close at the end of the month. The decision by the Clyde Ports Authority to close the terminal came after its main customer. Hap-ag-Lloyd, decided to move its operations to Liverpool. The
      180 words
    • Article
      Smit chief will take on new rationalisation moves
      422 21 Lloyd's List SMIT INTERNATIONAL has appointed a new president and made it clear that it would take fresh rationalisation measures to steer the group through economic "heavy weather." The major towage, salvage and support vessel group said that Rom Scheffer, aged 56,
      Lloyd's List  -  422 words
    • Article, Illustration
      Search continues for seafarers
      153 21 AP SEARCH is still underway for the bodies of two seafarers missing in the collision in the Seine River. The collision between two tankers in the river in Western France killed six people and caused an explosion so powerful it blew out windows within a four-km
      AP  -  153 words
    • Article
      China wins US$100m ship contract
      253 21 THE ABILITY to compete on price has enabled China to win orders worth US$lOO million to build four container ships for West German owners this year. "Our prices are competitive and our quality has improved a lot," Shao Bingjun, secretarygeneral of the Shanghai Society of
      253 words
    • Article
      Panamanian ship listing badly
      49 21 Reuter THE 21,241-DWT Panamanian bulk carrier Dayspring, laden with 18,000 tonnes of lead concentrate, was listing badly off the coast of Sri Lanka when it was abandoned on Tuesday, but its current status is unknown, a spokesman for the ship s Hongkong owner said. Reuter
      Reuter  -  49 words
    • Article
      TNT Express sails for the last time on global trip
      223 21 THE TNT EXPRESS, ABC Containerline's 42.000 dwt conbulker, has left on what could be its last world voyage before lay-up. Maritime unions agreed that the ship should sail without industrial action. Earlier they had warned that any moves to take
      223 words
    • Article
      Better rate negotiations with new council
      90 21 Seatrade Week THE RECENT formation of the Caribbean Confederation oL Shippers' Councils should strengthen the negotiating abiW ities of the nine Caribbean nations, group's chairman Vincejft," Matross-Mcintosh said. He said the new council ĕk pects to save shippers from the~ region millions of dollars
      Seatrade Week  -  90 words
    • Article
      SHIPPING LIST where your ships are due...and when
      8702 26 3®ai33(!Eß A guide to ships loading at Singapore for ports around the world 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
      8,702 words
    • Article
      Who acts for whom ...
      1989 28 Who acts for whom B A® Shipping Bouetead Shpg Agenciee. ABC Conteinerllne NV S pore Shpg (S). Aacord Shpg Accord Shpg (S). Africa OcMn Linee Station Shpg (S). Affrenkiel Liner Kim Shpg (3). Alfred C Toepfer Ocaanua Snipping Aganctaa (S) Multiport Sdn Bhd (PK). Alltrana Alltrana Expraaa. Awerican Preeident Linaa
      1,989 words
    • Article
      CONTAINER SCHEDULES
      689 29 •a RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO •< Arrival Gdns FCL Voy LCL movement Ship date/tima Operator cargo fechadula Location fcasetia 17 26 06.87, 2300 A Perintis F5A 1330-1430 E4 B> Penoga 115 26.0687 2330 Leo Shpg F5A '1430-1530 E6 5>gelic Hope 08 27 0687 0100
      689 words
    • Article
      Australian government attempts to control high cost of coastal shipping
      496 30  -  By Kingsley Wood AUSTRALIAN PRIME MINISTER Bob Hawke admitted at a businessmen's luncheon in Brisbane that the government was gravely concerned with the high cost of coastal shipping and was making attempts to bring it under control. Coastal shipping services
      496 words
    • Article
      Interest-free loans for Kenya, Ghana
      133 30 THE INTERNATIONAL Development Association, an affiliate of the World Bank, has advanced interest free loans of US$2B million to Kenya and US$l5 million to Ghana. The loans for infrastructure projects, are spread over SO years, with a 10-year grace period and no interest charges. Kenya
      133 words
    • Article
      SHIPPING EVENTS
      553 30 July 24-Aug 8 Galbraith's Shipping Course 1987. To be held at Ashbridge Management College. Berkhamsted, Hertfordshire. Full details from Galbraith's Ltd, 88 Fenchurch Street, London EC3M 4DN. Telex: *****1. July 30-31 "A practical approach to forecasting world oil demand, supplies, trade and prices". An extensive two-day course given
      553 words
    • Article
      OOCL to expand weekly run
      68 30 ORIENT OVERSEAS Container Line will phase tfte 835-TEU Oriental Expert into its weekly Japan-Tai-wan-Hongkong service in July. The vessel will replace the 574-TEU Bunga Melati which will off-hired soon. The Oriental Expert is closer in capacity to the 946-TEU Oriental Arijbassador which also services the
      68 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      801 19 AUWMAN/W SHE HAD /tVIUPI/inUr POWER. SHE SUBSTANCE NEEDED LOVE. SHE WANTED REVENGE. m .V OwU Emma Harte is X W A WOMAN OF SUBSTANCE Hul whal is the price JL she has paid? f Available at all good bookshops OOCL Oviiqus 6o*lcum* Line WW/ tixOWi BMPfINC AGENCIES (R*. Ho. 242*4/
      801 words
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      Page 19 Advertisements Column 2
      113 19 mm The 1986 results of Hapog-Lloyd, West Germany's largest shipping, show a number of items that auger well for the company's long-term future. Page II SMIT INTERNATIONAL has appointed a new president and made it clear that it would take fresh rationalisation measures to steer the group through economic "heavy
      113 words
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      Page 19 Advertisements Column 3
      1231 19 mSS&J jssT HILARIOUS TRAGIC dangerous s )j'A'] y! ®ss**" t**4 y -V -IT. MAERSK LINE THE FAR EAST AND THE MEDITERRANEAN HAVE BEEN BROUGHT CLOSER TOGETHER BT Th« wee* Axe* M Closing T.me CY 1/7 2300 HRS CFS 1/7 1300 HRS o Europe UK Scardinaw.a Finland 2.SWT7 AXEL M CORNELIA
      1,231 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      427 20 nrtriuteiE -•EUROPE/FAR EABT CONVENTIONAL SERVICE «*VSL T-neruvim SAN JIANG KOU TBN PT. of LOG. Aviles-lmmim Aviles-Middlesbrough-lmmingham Hamburg-Antwerp Baltic ports Bremen-Hamburg TEL: 03-*****50 MALAYSIA SON. BHD. TLX: ***** MTM Frt. Booking contact Miss Gan KLANG S'PORE IDG FOR 12/7- Busan-Ulsan B/7 21/7 Dalian-Xingsng 12/1 Hongkong-Sbanghai-Busen 4fll 21/11 Bangkofc-Manila-Hongkong 1/9 4/9 Manila-Kaobsiung-Keelung-Busan
      427 words
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      Page 20 Advertisements Column 2
      17 20 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 20 Advertisements Column 3
      297 20 ss DUTCH SENATOR SENATOR umF TEL: 534-1477 TAX. 82-NZ3 OUTBOUND TO NORTH AMERICA T 7,7'M.'\ LOADING DATES innniTi C3C300C3 H. 17 10 .M UJI UJI mi ?<« aa «a aa vm um u.a uji aji a.a aji ASIAN SENATOR ACCEPTING CARGO TO SAN FRANCISCO, LOS AIM BALTIMORE A NEW YORK.
      297 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      755 21 The Straits Steamship Group STRAITS SHIPPING Singapore to Satoah, Sarawak, Brunei Ports and Bangkok <7 p&o Containers Limited r;irj ;riK»:,11; PEGASUS PRIDE PEGASUS PRIDE 30 Jun® M B-M Jul W J BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 RAJAH BROOKE STRAITS PRIOE VUE Muwa. Üb, KK WE Skan, LD, Taw
      755 words
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      Page 21 Advertisements Column 2
      619 21 [SI C SAV Corrp.inui Sud American.! do I'jpcres S. C-, r.)n L'-r DIRECT SERVICE TO/FROM CHILE FEEDER VESSEL I SPORE I MOTHER VESSEL HK MICA KJQ ANTOF VALP SAI FRANKFURT 1/7 SEA EXPORTER 14/7 7/9 11/1 EXPRESS A VESSEL V CAR CARRIER 2M 3M |{TO*2W7) CARGO FOR PUNTA ARENAS. TALCAHUANO
      619 words
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      Page 21 Advertisements Column 3
      62 21 CHA RGEURS REUNIS f* -■Iai: 11ji; 3m 35MT3-TTfr^M^— CR ABIDJAN 01 POIHTE NODtE LOADING DIRECT FOR: LA-RCUNKM P.MMtE PCENTIU LIMEVIIU 21 M 31 M 2 A«| 21 Aug J1 Ami 2 Sec* AGENTS SINGAPORE ANGLO FRENCH SKIPPING Tel *****11 Tetei RSnttO hi zxts: MALAYSIA tut* HISC AGENCIES SOn Bhd P*
      62 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      250 22 CONTAINERSHIP SERVICE TO UK CONTINENT •:ONV SEMI CONTAINER SERVICE TO EUROPE CONV SEMI CONTAINER SERVICE TO MED EUROPE CONTAINERSHIP SERVICE FROM UK CONTINENT mm SOUTHEAST ASIA PTE. LTD. INTERNATIONAL FREIGHT FORWARDERS CONSOLIDATION SERVICE WEEKLY :u mm; Accepting FCL and LCL Singapore: BIRKART SEA. Tel *****11 Pi Kelang: BIRKART SDN BHD.
      250 words
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      Page 22 Advertisements Column 2
      763 22 LINE ft a M»rm* cmwrm FULLY CONTAINERISED SERVICE FROM I'JROPF VIA SUEZ Member of thf Acr Consortium ACE CONCORD K MY BRIDGE IK Tokyo 13/7 m vn in m *n hi 11/7 12/7 U/7 19/7 25/7 »7 MillY CONTAIN! RISED 10 (ROM NORTH AMI RICA MU COAST *SP »U IA
      763 words
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      Page 22 Advertisements Column 3
      477 22 K& S LINE JAPAN/HONG KONG/STHAITS SfcHVllt SANKYO LINE (S) PTE. U3 Cfc4 Street alO 04 GB Buridi LTD. Bioldinf S p<xf 0106 Irl ??19?bS Pwt Kfljnf I,fj P*ii Shippmf Sdn Bhd Irl 03 *****?4 •> Prninj Miliyvj Irjdr Irjnspoft lid Ifl 04 61 7893 Pjur Gudinf Mjlj»ior Shippwt Sdn Bhd
      477 words
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      Page 22 Advertisements Column 4
      1012 22 EVERGREEN Round-T he-World East Bound (FE/CARIB/USEC/EURO/FE) H C,< Sna' USoWm,u,,c,,s rcMLH,crix W"*iwuw» 7* ub an nn nn nn w w I Z I I U2 S2 30* 20* 20* 3 S an m I wwiVJwwivi m im iii W I* H Ell M Hf) in ]4/]| UN 13* W 111)
      1,012 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      456 23 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 1 FAR EAST CONTAINER SERVICE VESSEL KOTA SMGA MAJAPAHIT OOWA *MUR MURORAN (HOKKAIDO) *MTC HITACHI INDONESIA CONTAINER SERVICE SCA DRAGON SCA HAWK BANGKOK CONTAINER SERVICE VESSEL VOY SIN SSV SMG SIN M.W PEN SEA FORTUNE 17C3
      456 words
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      Page 23 Advertisements Column 2
      197 23 rs IMORBUL NORBULK CARGO SERVICES LTD. r REGULAR CONVBTTIONAL TIMBER AND PLYWOOD SERVICES TO UK/CONTINENT PORTS TO INDIA/PAK/RED SEA PORTS SPORE MARATHON UNITED AGfNCV PTE LTD TEL MALAYSIA SP YEO SHIPPING t TRADING Kl P* 3H810! PENANG TANtUNG MARINE SDN BHD TIL SABAH TRANSPAC K X 99m771!« m PACIFIC NAVIGATION
      197 words
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      Page 23 Advertisements Column 3
      612 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT City af U.nkvift Kitaaa Mm t*P Bay Takya Tata* •<) Mm Cifrnt EXPRESS CONTAINER SERVICE FROM UK/CONTINENT Frankfurt Eapraat SaiM SaiM ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS KKJJEBSEN LINE NEW ZEALAND Tl NEW ZEALANI, PAPUA NEW MINEA
      612 words
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      Page 23 Advertisements Column 4
      413 23 DJASAGETRI A Joint Europe Sorvtce Oh P.T. DJAKARTA LLOYB P.T. 6ESHH UOYI P.T. UmWCU MMKKA P.T. TMKNA U«T» SEMI C9NTAINEKSNIP SERVICES ANTWERP S PORE BILBAO BREMEN A'DAM/R'DAMH'BURG W-W -WW 13/B 15-17/7 lilt lilt Hit 27/1 21-23/7 2M 2M 2W Said, Port Alexandria, Oanoa, Trtaats. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO
      413 words
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      Page 23 Advertisements Column 5
      349 23 BOUSTEAD SHIPPING AGENCIES PAGAN VUSV AVA V* Discharfwif onty Loadm| For Euro** BURMA FIVE STAR (Burmese National Line) Loading for Rangoon S pore P.Ktlang Penang Bar zw hm V 7 Jut* 12/15 Jiity BANK LINE STORE ROAM HULL M */7 190 27/1 M 2M Sfl TAMAITAI SAMOA V.ION FORTH BANK
      349 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      952 24 SHIPPiriG-ElflTfl fITLfinTIC COAST (Round-The-World Service) •PK/PNG SPORE LB CHLS 0. FAITH V 3 27 Jun 3 Jul 25 Jul 4At 0. FRIENDSHIP V 3 11 Jul 14 Jul 4 Aug 13 Au BOOKLYN BRIDGE V 3 11 Jul 17 Jul I Aug 11 Au NFK NYC 6 Aug Aug 15
      952 words
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      Page 24 Advertisements Column 2
      245 24 Accepting LCL and South Africa NEOLLOYD COLOMBO 322* OSAKA MARU 3334F HAYAKAWA MARU 3032 C NEDERBURG 3154 C Sport Durban P.Cliz In n 10/7 12/7 10/7 23/7 25/7 P.Eliz C.Town Durban Sid SU SW 4/7 5/7 Jard.o JAR DINE SHIPPING AGENCIES (REG. 242K4/ OOK) 200 CANTONMENT ROAD #12-05 SOUTHPOINT, SINGAPORE
      245 words
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      Page 24 Advertisements Column 3
      629 24 a AUSTRALIA EXPRESS CONTAINER SERVICE Acc*p#ng FCL/FCL Contains Fmtor PK«tMC S port llMb Frwr Syd« Ate Acm Hrtr, oocd u.« "CMAAOIDAS" ¥Jt I Jtity IS My 24 July 22 iuty AM'ftrn J5 12 ¥.35 20 July 3A*l2 A« 10 Au« AM/lra it H if" A OAS yJO 10 At* 25
      629 words
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      Page 24 Advertisements Column 4
      719 24 GOLDEN LINE GUAN GUAN SHPPING (PTC) LTD S34JM (It IMS) Fai: SOS STRAITS/PERSIAN GULF SERVICE: S oor. P KrtancPtni QOLDCN VONOER CrtoMto/KaradWDut* 14/15 My eOLOBI HAD Colombo/Kjradi</Mu»cat/Bahrwi a/2» July CHINA SERVICE A VC3SEL liiwfcani/StwnftMi inly— CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA UMQUANME CUAHOU n* nit tare
      719 words
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      Page 24 Advertisements Column 5
      381 24 I"S3 PHMIRON SHIPPING AGENCIES PJI I JD PHUI OR UN J LINES PJI L TP HI fWfKf pnewso* <■"•*[ *IRO RSII Hill! [MUG SWMPORI 01 r > If! 2. 1M1? ??it7f9 t iitfi rs ?»;?o PHtt ??bS67€ MIDDLE EAST/FAR EAST FCL LCL SERVICE VESSEL J ETA SINGAPORE DESTINATION •a* EAST/WEST
      381 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      765 25 m. *iiv» itiuuii) t iiuaji u uiiu au, XJO NOL NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE. LTD FE EU/AUST TP A/SEA Ta*M crs BOOKINGS ****** 27J5742 man muu lIBIM 27iuit 77*111 27M« NEPIINE SON. BNO. MM NEPIINC SON. BHD 2d«D NEPtINE SON BHO «85#2718*27iU#27«2 NEPLINE SON. BHO. 23NWOM1 INWARD/011
      765 words
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      Page 25 Advertisements Column 2
      130 25 TAYO SHIPPING LINES PTE LTD TEL *****25 (3 Lmiil Tl* BS 5510t TAVOIN VESSEL ETA ETD DESTINATION PIYA I 27/7 31/7 KRABI/COLOMBO A VESSEL 27/6 3/7 PORT KELANG/BEIAWAN SINAR MEGA 2/7 4/7 PEKAN BARU/DUMAI A VESSEL 28/6 2/7 BATAM A VESSEL 30/6 3/7 SEMARANG/SURABAYA REGULAR SERVICES TO INDONESIAN PORTS SUBJECT
      130 words
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      Page 25 Advertisements Column 3
      415 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON Mtl l Nam* EnterpriM/niN 7 Don»m/705N 11 Denom/7HN 11 Donam/7Q7N i i OontmPKH Ert*rpriM,7l?N I 7 Dona*t/70tN II DMMWII > Danam/THM S PORE iCENTS NEPTUNE AGENCIES PTE LTD T» 2**;;; :t*}4 *****10 7717C7T (Operjtio"i) 7222«? :jw?S4
      415 words
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      Page 25 Advertisements Column 4
      728 25 Page VII W SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** KUANS w% HANOI INC SYSTEM CO SON. MO No. 14 MM M Port Kttont
      728 words
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      Page 25 Advertisements Column 5
      43 25 FERI MALAYSIA SDN. BHD. R'jftlj CONTAINS PAIIfTISID WW IV SfßVirf 10 h!IEN T EN KUCHtNG t" "INBBAIU MSO ACCEPTING SUf PKIVfN Hf»y* WHICIFS 01 VOYAQC tMR( KUANTAM KUCHMQ m i»i m/m rrm IM7 11M7 17/97 IM7 M/ 07 2S/C7 »#>7 »IAM CRUISS fr
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      382 26 SINGAPORE SHIPPING CORPN.CPTE) LTD. TEL: 225-6868 (30 LINES) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAD Iczn mum ■eh: VEB DtUTF Ra\CHT Sf EREEDEREI ROSTOCK ■UA-VIFV ;jir7TrrTirTT7T I'r. I V.F.I', W lIVM'-TT "VIA COLOMBO: Accepting carp) tor INDIA Bombay. Cochin Madras; EAST AFRICA Der-Es-Salaam, Mombasa I "VIA LARNACA Accepting
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      345 27 /M CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/36(7111 04-*****2/4, *****3 07-*****8, *****8, *****5 07-*****1, *****3, *****5, *****0 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER P. KELANG I MTHR VSL 27 OS JUTLAND** 2W N. DCJIMA 211 SINGAPORE I LEHARVE ■PnmmTTi
      345 words
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      Page 27 Advertisements Column 2
      227 27 MN CONTAINER LINE IKA 28/6 TO: LA/LB, OAK/SF, N.YORK wtn 5/7 LA/LB, OAK/SF, N.YORK ACCEPTING LCL/FCL TO ALL PORTS/IPI TRANSTAINERS LINE WEST AFRICA SERVICE PM/PK SIN TO: DAKAR, CONAKRY 27/6 2916 ABIDJAN. LOME 2)7 5/7 CONTONOU. OOUALA LIBREVILLE, PORT GENTIL P. NOIRE. LUANDA DAILY ACCEPTING LCL/FCL TO:PT. KEUWt IBIMIIII TVI
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      281 28 a;TC!Hi —ff—wp yam.i,;:n i. v. iaai: i; i.I i 0 3UNBHIP AGENCIES PTE LTD 20 McCoftan Str««t #16-01/03 Onnbtn, Shgapori 0104 T«i *****22 (7 Nn*.) Fox: *****05 M-YSU KIE QWAN SHIPPING (M) SDN BHD. AQENTS: P. K«tan«. *****22, *****62 MALAYSIA TRADE ft TRANSPORT CO SON BHD *****3 (4 hnl EAC
      281 words
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      Page 28 Advertisements Column 2
      449 28 70 Shenton *f a. 04 02C Marin* House S pore 020? If 3 H TEL *****77 (I Lines) TLX..RS ***** FLINER lilllCilA JI 1I I f 1,1 VI i 1 Ij til 1/ 70 Shenton Way 04 02C TEL *****77 (6 Lines) ~S ***** FLINER EUROPE SERVICE MIDDLE EAST GULF
      449 words
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      Page 28 Advertisements Column 3
      547 28 ZIM FULL CONTAINER SERVICE accepting FCL/LCL carton to USA East t West Coast, Carribboan.East Canada. HAITI, Port Au Spain, Barbados N. ST. LUCIA. UIMT-a 71 I AUSTRALIA CONTAINER SERVICE ACCEPTING CARGO TO AOELAIOE VIA MELBOURNE ANO ALSO Fa TO GUAM. r* ZIM EILAT CONTAINER UNE rrwMM Pert* AJm LCUfCL t»
      547 words
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      Page 28 Advertisements Column 4
      511 28 Everett Lines COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ports wtti trwwhuwwit at Kobt On CPY Throufti &th of Lid nc in find itectinxtmn Y, CPV Throuffi Bills ol Ud ng to fintl damnation Pmnf* P. Kdinf Singapore HUGH EVERETT 12/13 Jul MANOLOEVERETT 29/Z7 Jul JOHNEVERETT j ao Au| —A
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      Page 29 Advertisements Column 1
      260 29 Hamburg West Germany Tiger Line Common Carrier Feeder Services VESSEL VOY SINGAPORE CALCUTTA MADRAS F&ELUDE 020 SAILED IN PORT 30 JUN-1 JUL PRELUDE 021 07-07 JUL 13-15 JUL 18-19 JUL PRELUDE 022 25-25 JUL 31-03 AUG 06-06 AUG <• Common Carrier Feeder Service For Main Line Operators Only. Agents: C.F.
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      Page 29 Advertisements Column 2
      235 29 E+*svm m. mm OCEAN LIKES (Perfact China Ocean Shipping Lints) Destinations: SHANTOU, GUANGZHOU HUANGPU, XIAMEN HAIKOU, ZH AN JIANG XINGANG, QINGOAO SHANGHAI ft OTHER PORTS EM. S PORE Etd. PKLG WEEKLY SAILINGS CONSOLIDATION SERVICE FROM: SI NGAPORE/P.KELANG PORT LOUIS AUSTRALIA n i C^izxn?© crJ (MEMBER OF THE PRESS GROUP) WEEKLY
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      Page 29 Advertisements Column 3
      271 29 .(< III!' IIIIBLIJIIil^^^» PERINTIS LINE WEEKLY FULL CONTAINER SERVICE SINGAPORE JAKARTA VESSEL VOY SINGAPORE RATU 18-19 In Port-28/06 KONSORTIUM 20-21 03/07-05/07 22-23 10/07-12/07 24-25 17/07-19/07 PRABHAKTI 72-73 29/06-01/07 74-75 06/07-01/07 76-77 13/07-15/07 SINGAPORE/SURABAYA VESSEL VOY SINGAPORE PRASETIA 18-19 In Port-04/07 20-21 11/07-11/07 22-23 18/07-18/07 24-25 25/07-25/07 JAKARTA 30/06-01/07 07/07-08/07 14/07-15/07
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      Page 29 Advertisements Column 4
      546 29 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE' MEDITERRANEAN WEST AFRICA r/ma rrrTTT^ir-M OUTBOUND TO MEDITERRANEAN BARCaMA I ALEXANDRIAI BEIRUT I LATTARIA I MERSIN I L—MIX OUTBOUND TO W AFRICA AIIDJAN TBU nr I'ilUl/IJIIW INBOUNO FROM EUROPfc FOR FAR EAST PORTS OCEANUS SHIPPING
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      Page 29 Advertisements Column 5
      334 29 M P M LINE P Wo<| —T«l No 3****** NatnOay® Shipping (M) Mn Bhd Smg Taf No: <H-6191«,'615T0 itngapon Tai No: 02 *****44/*****70 2' ,P T UNITFD SHIPPING ORGANISATION LTD JAKARTA HANGII SHIPPING 4 TRADING Fir JO M MtHk! S'RH: TI! 1(1 P«N> p. Pi 0' MNUfUW 0104 Mi SM.'gS
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      471 30 SHIPPING COMPANY (PTE) LTD. MM R EGULAR EXPRESS FULL CONTAINER AND LCL SERVICE INBOUND AGENT FOR ABC CONTAINERLINE From USA/Canada/Europ«/Madit«rranaan Vsl TNT EXPRESS E. HUOIG BRUSSEL ANTWERP PMRMFPEWnM EMEU EM EB 200 Cantonment Road #02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import) K37 Tel: *****78 CFS (Export) EAL
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      Page 30 Advertisements Column 2
      431 30 AfRK A OciAN LiNtS Lid. ACCEPTING FCL/LCL BREAKBULK TO: LAGOS/ APAPA, PORT HARCOURT, WARRI, CALABAR, SAPELLE, TEMA, CONAKRY AND OTHER WEST AFRICAN PORTS VESSEL CARRIBBEAN EXPRESS M/V EKESOS ETA SPORE 9/7 6/8 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMkCOMTAfCR SERVICE TO TAMAITAI SAMOA VldN FORTHBANK VI9N
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      Page 30 Advertisements Column 3
      79 30 Arrow Lines S'PORE/COLOMBO/S. AFRICA VSL S PORE COLOMBO DURBAN CAPETOWN ARROW KING 16A J/7 11/7 25/7 3/S ARROW PRINCE 13A 15/1 20/S 1/9 10/9 Maputo call subject to inductnwnt S'PORE/BENGAL/E. AFRICA VSL S PORE CHITTAGONG CHALNA E. AFRICAN PORTS ARROW QUEEN/2 2/8 S/S 11/1 24- 2/9 ARROW DUKE/2 22/1 27/1
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      Page 30 Advertisements Column 4
      449 30 Mitsui O.S.K. Lines JLtd FULL CONTAINER UK/CONTINENT (TRIO) BENALOER KIT ADO MARU TOKYO (AT LARGS SAY KURAMA NADU SENA VON MEDITERRANEAN (MED CLUB)* TiMMin P. bM| Btoni rwta Cm TrwM MONT BLANC MAPU BKT |M 17 M M 23 M S M NEW OASIS IM UM 27 M MM 2
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  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      167 30 Regional Weather m >1 l ;i\ ES I j is 9 as 1 < imittuu.uini v y wmr* y SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND c^. Wind direction with speed in knots Wove height R Thunderstorm Temperoture c X\ A Shower Weather Wind direction with
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