The Business Times, 1 April 1989
1989-04-01
1
20
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The Business Times
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Title Section12 1989-04-01 1 BUSINESS TIMES MCI (P) 45/12/88 Weekend Edition, April 1-2 1989 75 CENTS12 words
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Article, Illustration235 1989-04-01 1 SHARE PRICES in Singapore closed generally higher in active trading yesterday but the STII lost 1.02 points to 1.189.78. The BT Composite Index dropped 1.82 points to 1,078.39. Turnover increased to 98.28 million units worth $138.09 while gainers edged losers 110 to 80. Full report, PAQE 8235 words
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Article, Illustration491 1989-04-01 1 HARISH MEHTA - By HARISH MEHTA FORMER MISS INDIA Pamella Bordes, who is at the centre of the British Commons call girl scandal, arrived in Singapore yesterday. Hounded out of Bali by persistent reporters, doe-eyed Pamella disguised in a sarong kebaya and wearing not only flowers in her hair491 words
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306 1989-04-01 1 JAYARAM MENON - By JAYARAM MENON TAMPINES RESIDENTS might not have expected a short lesson in politics when they turned up to greet the First Deputy Prime Minister and Minister of Defence, Mr Goh Chok Tong, at the opening of the Tampines North306 words
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524 1989-04-01 1 JOHN TAN - TOKYO TAX MOVE EXPECTED TO HAVE SHORT-TERM EFFECT By JOHN TAN LUXURY goods traders in Singapore are bracing themselves for a temporary slowdown in the wake of the Japanese government's removal of its commodity tax from today. With the replacement of the commodity524 words
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466 1989-04-01 1 GENEVIEVE CUA - By GENEVIEVE CUA A US-BASED investment banking and venture capital firm has opened an office in Singapore to manage a US$l5 million fund for investing in promising private hi-tech companies in Asean. H 4 Q Asia Pacific Venture Management is managing the unlisted466 words
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186 1989-04-01 1 Reuter JAPAN'S trade surplus in goods and services widened 17 per cent in February to US$7.7l billion from U556.59 billion a year earlier, but economists and government officials said the surge was out of line with the basic trend. Trade inReuter - 186 words
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257 1989-04-01 1 AFP JAPANESE Prime Minister Noboru Takeshita confirmed yesterday that he had received some 20 million yen (U*****,500) from the key company accused of bribery in the ongoing Recruit stock trading scandal. "Its a fact. I confirm if' Mr Takeshita said, referring to a reportAFP - 257 words
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Page 1 Advertisements
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Advertisement206 1989-04-01 1 Nikon TtwUtortd'sFlnMt Photographic System. Rent-controlled properties 2 The good news and the bad news Tourism 2 Asean can expect healthy growth in the '90s CPF 2 New limits for topping-up scheme Third World investment 3 US and 72 countries pledge USs744m to boost new industry Japanese aid projects 3 High206 words
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Advertisement146 1989-04-01 1 Ttw World's Rrwct BxioJmhL UfjCitylt, N 1254 i -.jS 1 Warrants: cutting both ways Pag* 17 Rooting for the Saratoga Six Pag* 11 IT m bMn Playing the fool, seriously Page 19 IT W4S A MOMENT OF PROMISE AND FULFILLMENT. A DAY YOU TREASURE STILL, THAT LIVES ON IN AN146 words
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HOME NEWS
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520 1989-04-01 2 LEE HAN SHIH - Conserve properties or they could be acquired By LEE HAN SHIH, Property Correspondent GOOD NEWS and bad news for owners of rent-controlled properties: the good news is that rent controls on nine areas in and around the city have been lifted as of today; the bad news is that their520 words
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Article123 1989-04-01 2 SINGAPORE TELECOM will be increasing the number of sales outlets for phonecards while installing more cardphones. Singapore Telecom plans to install more than 13,000 cardphones throughout the Republic by mid-1990. About 540 cardphones have been installed so far. More sales agents for phonecards will also123 words
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Article143 1989-04-01 2 ABOUT 30 Singaporean youths representing the major religions here will meet their Japanese counterparts in a one-day interreligious forum at the Islamic Centre at Braddell Road tomorrow morning. To be declared open by the Mufti of Singapore, Syed Isa Mohammed bin Semait, the dialogue session will discuss the143 words
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120 1989-04-01 2 RESEARCH collaboration between university and industry took a big step in Singapore yesterday with the establishment of one of the biggest research funds by a multinational company at a local research institute. The Institute of Molecular and Cell Biology (IMCB) is the recipient120 words
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Article401 1989-04-01 2 Seminars and ■Tim CAHNERS EXPOSITION GROUP 1 vj Tel: *****13 Tlx: RS ***** CEGSP Fax: *****66 J Apr 3-7 Validating Evaluating SIM Management Singapore *****66 Training Hse Institute of Management Apr 6 Doing Business in Westin Stamford Centre for *****22 the USSR in 1989 Management Beyond Technology Apr401 words
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386 1989-04-01 2 SUZANNE SOH - By SUZANNE SOH TOURISM CHIEF Lim Chin Beng has said that the brisk growth in the number of tourists to Singapore could be jeopardised by the increases in hotel room tariffs. The republic, he said, needed to remain competitive if it386 words
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Article, Illustration206 1989-04-01 2 AFTER WAITING for more than three months. Singapore Airlines didn't let a persistent drizzle dampen its pride, or the show it had planned, for the inauguration of its ultra long-range Boeing 747-400 Megatop jumbo jet. The rain started just as a Megatop,206 words
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Article, Illustration210 1989-04-01 2 SINGAPORE would need more companies like Singapore Airlines to spur growth in good years, and act as economic ballast in difficult ones, said Communications and Information Minister Dr Yeo Ning Hong yesterday. Dr Yeo. who is also Second Defence Minister (Policy), said210 words
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Article84 1989-04-01 2 A TRADE delegation to promote Singapore's range of exhibition management services (EMS) will leave for Australia next week. The 12-member delegation will be in Sydney from April 3 to 5 and in Melbourne from April 6 and 8. The 12 comprise leading exhibition organisers, professional conference84 words
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240 1989-04-01 2 IN LINE WITH the increase in the minimum sum to be retained in the Central Provident Fund, the board yesterday announced rises in the limits that children can transfer to their parents' accounts. Under the Minimum Sum Topping Up Scheme, children can transfer some240 words
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Article1051 1989-04-01 2 AT CONVENTIONAL WHARVES KEPPEL WHARVES 1 Arrival Dtparl Equoior V K22 o4ong*^o 0104/0700 Krovco 1 K30 olongtid* 0104/2300 Krn Modu'o K2SE olongtid* 0104/1300 Nokorn Kas*i* 2 K3I olongtid* 0304/1830 K29 olongtid* 0504/2300 ftofah Brook* K24I olongtid* 01 04/1830 Saudi Abho cm olongtid* 0104/2230 Slxnctwng K3S olongtid* 051,051 words
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Article107 1989-04-01 2 SINGAPORE Airlines is extending its "no-smoking" servicesoon.,n n flights to Bandar Seri Bagawan,Medan and Denpasar. "J An SIA statement yesterday said its daily flights to Bandar M Seri Bagawan. its four flights r week to Medan and its twice-".' weekly flights to Denpasar would be107 words
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Page 2 Miscellaneous
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Miscellaneous95 1989-04-01 2 mm® /SS'Z "SS/ Max/ Not* Mln ro 25/16 Smoke 17/08 Ofor 22/09 Cloor 23/19 Cloudy 33/26 Cloor una* 18/07 Clear 15/10 Sunny 20/12 Cloor 15/02 Clowdy 22/14 Clowdy 26/22 Shower* 19/03 Cloor 21/09 Cloor 24/19 Clowdy 22/11 Cloor 05-04 Cloudy 17/14 Roln 28/17 Cloor 03/01 Clowdy 10/04 Clowdy 33/25 Roln95 words
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OVERSEAS
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351 1989-04-01 3 AP NEARLY 90 per cant of Japanese aid projects in developing countriea were carried out effectively in IM7, an annual Japanese government assessment said on Thursday. "Of the total of 160 projects evaluated, IS or 16 turned out to be lees successful andAP - 351 words
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Article272 1989-04-01 3 AFP THE CHINESE budget for 1968 met its goals while the draft budget for next year is generally feasible with a slight deficit forecast, the New China News Agency reported on Thursday. NCNA quoted Chen Muhua, chairwoman of the National People's Congress (NPC) financialAFP - 272 words
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151 1989-04-01 3 AFP THE VIETNAMESE Communist Party's central committee has ended its sixth plenary meeting with an urgent call for a speeding up of economic reform, the state radio reported in Hanoi on Thursday. A central committee communique broadcast by state radio said the meeting, whichAFP - 151 words
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Article788 1989-04-01 3 ARRIVALS Operator THA 9A C4A S1A THA MAS MAS su su su su su su MA THA KIM DtH GU su SVA THA CFX TMA PAS MAS MAS MAS MAS SU SU su su su su GU GU MAS JAl SU SU PAL SU QFA SU UT788 words
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200 1989-04-01 3 AFP THE WORLD BANK and its affiliate, the International Development Association (IDA), said on Thursday in Washington that they had approved loans totalling U*****.3 million to three Asian nations. More than half of this, some US$l5O million, is in theAFP - 200 words
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383 1989-04-01 3 AP THE UNITED States and 72 countries have pledged US$744 million to boost new industry in the Third World by insuring investors against the risk of war, revolution and confiscation. The Multilateral Investment Guarantee Agency said on Thursday that U5520.51 million has comeAP - 383 words
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Page 3 Advertisements
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Advertisement38 1989-04-01 3 LONDO OMym M Ago* or Air CmmkM 7JM55. A BREATH OF FRESH AIR The business penon's choice erery Tuesday, Thursday, Saturday and Sunday. Leaving Changi Airport at 22:C5 houn and arriving Heathrow early the following morning. <§> Air Canada38 words
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Advertisement37 1989-04-01 3 V; r m i'-- "fe *i»Fv£f >f Jfc s ,W J 'IV'" x wk m f*m. f tii <■ 'i? '-x ,r 3C y sE V n < At .0 /I Perfume Must Be A Work of Art )7I£LNINARIGCI37 words
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Page 3 Miscellaneous
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Miscellaneous79 1989-04-01 3 Doonesbury mrs. pmenpokt, although aips WILL SOON HAMECLA/MEP MORE AMEM/IN uv&iHANTtevenm i vm, most people voter see rr 1 AS KKTAMNG TO THEJR LIVES. THEY STILL THINK OF IT AS A GAY PtSEASE. WHAT CAN BE PONE k TO CHANGE y—^<THAT* UELL.IVS CLEARLY NOT A gay pisease, it's A PERFECTLY79 words
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MONEY AND EXCHANGES
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374 1989-04-01 4 Number Indicative Gross Coupon Amount Interest of days of middle price redemption Maturity Year raised rate million) payment accrued (excluding yield pa) dates Interest accrued Pa) Interest) 1.6.86/89 Loan 1 1971 •5% 65.46 1/6, 1/12 120 •100.45 •3.04 1.6.89 N*****0Z374 words
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Article1543 1989-04-01 4 SINGAPORE: AFTER US dollar sales by the Fed in New York on Thursday this time against the yen sparked speculation that the Fed was intervening on behalf of the Bank of Japan and causing a sharp sell-off, the US dollar traded steadily in Asia yesterday A large order1,543 words
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Article483 1989-04-01 4 BA Futures JUNE Eurodollar futures yesterday opened five ticks lower than Thursday's Simex close at 89.17 following firmer oil prices and a higher federal funds rate. Prices dipped to a low of 89.15 but edged higher to 89.21 as the US dollar firmed on heavy Japanese year-end demand. TheBA Futures - 483 words
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Article338 1989-04-01 4 IMM YEN FUTURES led a late currency rally on Thursday to end the day higher as central banks intervened to buoy the Japanese currency for the first time since 1987. Yen contracts jumped 70 points in only 15 minutes, erasing earlier losses and ending at session highs. "People were338 words
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Article170 1989-04-01 4 Gold futures on Mar 30, 1989 100 troy ounces. USS par troy ounca Op«« High Lo« ton* Apr 384.70 386 40 381 50 382.20 Mo, 384 00 Jun 388 80 390 50 385 50 386 20 -I 30 *"9 393.10 393X10 390.50 ***** -1.40 Oct 400.30 401.00170 words
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Article53 1989-04-01 4 THE OVERNIGHT RATE on the Singapore money market closed unchanged yesterday. Short-term rates also remained unchanged across the board. S$ Interbank rates at the close yesterday: OWW HO Ov*rS 4 7/8 1 -month S 1/8 S 3 nwti S 3/16 5 1/16 3-monrti S 1/4 3 1/8 Ovvmlgt53 words
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Article, Illustration204 1989-04-01 4 iiKJicflivi mv of tt># prtflM landing rdM ll 12 major banks In S'pof* Interbank market rates (offer/bid) on Mar 31 us$ DM SWFC Y«n 7 doy 10 t 7/0 11 13/10 ll/H S 11/10— n/IO 5 S/0 I/O 4 S/0 4 I/O 10 I/O 10 u is/io—204 words
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Article1398 1989-04-01 4 CURRENCY FUTURES OPTIONS Frldoy. Mar 31, 1989 DEUTSCHE MARK (SMtfEX) Apr SS can. High Law 53 54 55 54 IB 57 Sad a CAB CAB Apr BS pal* High Law 14 14 74B 70 issa SaP 14 74 140 May SB caPa High Lav SaP May as ppli High1,398 words
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BANKING AND FINANCE
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521 1989-04-01 5 Reuter A CONFIDENTIAL REPORT by the World Bank casts doubt on a key element of a plan unveiled recently by US Treasury Secretary Nicholas Brady for slashing the Third World s huge debt. The report by World Bank PresidentReuter - 521 words
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Article98 1989-04-01 5 Treasury bills Period Issue Yesterday's dosing Day's code Maturity BIO OFFER HIGH LOW 3 months BQ*****V 29.06.89 3.86 3.81 3.85 3.80 6 months BS*****N 17.08.89 3.91 3.86 1 yoor BY*****H 23.11.89 3.96 3.91 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate BID98 words
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612 1989-04-01 5 Reuter DETERMINED dollar-selling by the US Federal Reserve on Thursday was aimed at scotching speculation that leading industrial nations this weekend might raise their target range for the currency, economists said. Firm US interest rates might still push the dollar up furtherReuter - 612 words
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Article279 1989-04-01 5 ASIAN DOLLAR deposit rates ended at their opening levels in quiet preweekend trade yesterday as interest remained lacking. dealers said. The market will be looking to Friday's release of US employment data for some direction. Short-dates and term rates were steady to slightly lower at the start,279 words
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Article108 1989-04-01 5 AFP JAPANESE Finance Minister Tatsuo Murayama said yesterday that he welcomed the yen's rebound against the US dollar following intervention by the Federal Reserve Bank of New York the previous day. On the money market in Tokyo, the dollar opened 0.75 yen lower at 132.05 yen,AFP - 108 words
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Article307 1989-04-01 5 NEW JAPAN SECURITIES opens its merchant bank in Singapore today, joining the latest pack of Japanese securities houses to expand their business here. Kozaburo Miyauchi, the managing director of New Japan Merchant Bank, the Singapore office, told BT that his company decided to upgrade307 words
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COMMODITIES
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Article147 1989-04-01 5 Telerate SPOT FUEL OIL prices were. reported to be firmer in the Singapore market yesterday in line with the stronger numbers seen for Simex's HSFO futures contact. Few serious buyers were found in yesterday's market, as buyers had been sidelined by the market's volatility and firmingTelerate - 147 words
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Article241 1989-04-01 5 Chinese Produce Exchange Soilors' noon dosing pricos on Mar 31 (SS/100 kg) Coconut oil Bufc FOB 108.00 CHd drum FOB 118.00 Now drum FOB 122.00 Copra Mixed (loos#) 65.00 s#M#rs Peppor "Hwifwli WTViV FOB NLW 706.00 Sarawak whit* FOB faq NIW 690.00 Sarawak spodal block FOB NLW 477.50241 words
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Article76 1989-04-01 5 (canto/kg) APRIL 1989 MAY 1989 (currant month) (forward month) RAS NOON NOON tvyan StUiri Bvy«n S*H*ri SSR 20 MM 185.00N 183.00 185.00N SS« 50 181.00 183.00N 181.00 183.00N MRELB Buyer* S*||*rs lvy«i Sellers SM» CV 287.00 289.00N 289.00 291.00N SM« I 284.50 288JON 288.50 290JON SMB 576 words
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Article236 1989-04-01 5 SINGAPORE: Rubber prices ended higher with April 1 RSS buyer quoted at 204.50 cents a kg yesterday, up 1.50 cents from Thursday s close. On the TSR-20 Award market, prices rose in line with 1 RSS levels in thin trade, dealers said. April buyer was quoted at 176.50 cents236 words
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Article259 1989-04-01 5 R AS prices In S cents/kg. FOB In balM NOON CLOSE Buyer, Seller, Buyer, Setters Int 1 RSS Prompt 204.00 205.OON 205.00 206 00 bt 1 RSS Apr 89 203.50 204.50N 204.50 205 50 Int 1 RSS May 203.50 204JON 204.50 205 50 bt 2 RSS OP259 words
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Article172 1989-04-01 5 ANTICIPATION of further rises In prlcti prompted further all-round covering, helping Vie Kuala Lumpur Tin Market (KLTM) lo gain anotoer 21 cento tor a new three-year Mgh oI M 525.23 a kg yeetorday. "There la a continued genuine demand with consumers now chaalng supply, and could have gone172 words
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Article147 1989-04-01 5 COMPUTER-GUIDED selling sent Chicago Board of Trade soybeans reeling under fast market conditions in late trading on Thursday, with contracts falling to within three cents of the 30-cent maximum daily limit. Late commercial buying pulled prices off lows with May sattling 24 cents lower at U557.37 and July down147 words
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Article141 1989-04-01 5 CHICAGO BOARD of Trade soft red winter wheat futures. hammered late by professional and comput-er-guided selling, closed sharply lower on Thursday with May and July ending just shy of the 20-cent maximum limit Overnight rains in key hard red winter wheat areas put wheat futures lower at the outset,141 words
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Article426 1989-04-01 5 MALAYSIAN cruda palm oil prices closed at the day s lows on speculative selling and buyers' reserve yesterday, in line with weaker palm oil futures and reflecting further losses in Chicago soyoil futures, dealers said. April south and central both fell Mslo to M 5912.50 and Ms9os a426 words
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Article387 1989-04-01 5 HONGKONG: Gold ended little changed in thin and dull afternoon trading on nervous dealing by Japanese and Singaporean investors yesterday. Bullion ended at U*****.40/90 an ounce against an initial U*****.70/383.20 and compared with New York's Thursday finish of U*****.50/381.00. On the local market, gold fell HK$l5 to cloee387 words
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Article263 1989-04-01 5 London Commodity Exchange Buyer/Seller closing prices on Mar 30, (£/tonne unless specified). Previous dosing prices in parenthesis. Coffee Basis in-storo London, sellers option OF London Mor 1083/90 (1080/85) High/Low 1095/62 May 1096/97 (1095/1100) High/Low 1106/97 Soto (4807) Cocoa Mor 815/819 (810/811) High/Low 819/814 Moy 818/819 (815/810) High/Low 824/816263 words
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WORLD MARKETS
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Article, Illustration780 1989-04-01 6 New York Reuter WALL STREET ended a choppy session narrowly mixed on Thursday, with blue chips closing on a small loss, but the broader market managing to stay barely ahead. A weak dollar cast a pall over the stock market, while bond prices easedReuter - 780 words
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Article, Illustration965 1989-04-01 6 London Reuter LONDON share prices opened higher in quiet trading yesterday on the last day of a three-week account, after falls on Thursday in the wake of the latest UK balance of payments data. Dealers said the market was largely reconciled to Britain's trading position remaining weakReuter - 965 words
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Article, Illustration658 1989-04-01 6 FT SUCCESSFUL investment bankera in the US have always been highly paid. But never, in Wall Street s history, has anybody been paid the wages of Michael Milken. In 1987, according to a Grand Jury indictment, Milken was paid U*****,054,000 in direct compensationFT - 658 words
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497 1989-04-01 6 Reuter LONRHO pic has been blocked by a court order from publishing a government report on the 1985 acquisition of Harrods stores group House of Fraser by the Egyptian Al Fayed brothers. Chairman Sir Edward du Cann told theReuter - 497 words
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548 1989-04-01 6 Reuter MORE AMERICAN drug companies are expected to form joint ventures to market products to the US$9-billion over-the-counter drug market as a way of combating the expected decline of prescription drug sales, analysts say. The latest example of such a partnershipReuter - 548 words
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Article1627 1989-04-01 6 Reuter MILAN: Italian stocks closed mixed to lower yesterdsy, with trading volume remaining fairly strong at around 180 billion lire, brokers said. The MIB index slipped one point, or 0.10 per cent, to end at 1,026. The market s tone weakened at the closing of Generali, whichReuter - 1,627 words
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Page 6 Advertisements
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Advertisement61 1989-04-01 6 Diane Cheney stole their bodies. Then their souls. No matter how deadly or depraved, they'll stop at nothing for her infinitely desirable, infinitely devilish love. What is it about her that fulfills their wildest fantasies? Why is everyone compelled to reveal their secrets to her?... IRK SHIR A BY LAWRENCE61 words
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REGIONAL MARKETS
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Article, Illustration643 1989-04-01 7 FOO CHOY PENG - By FOO CHOY PENG, Hongkong Correspondent THE CHEUNG KONG stable, controlled by Hongkong's wealthiest tycoon Li Ka-shing, is the latest to join the long list of blue-chip groups reporting healthy corporate results for 1988. Cheung Kong (Holdings) announced a 32 per cent jump643 words
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327 1989-04-01 7 Reuter HONGKONG trading company Swire Pacific Ltd said a 25.3 per cent rise in 1968 net profit, reported earlier, was boosted by its aviation and property divisions. Chairman David Gledhill said all sectors except offshore oil servicing and electronics gained. The bottom line wasReuter - 327 words
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Article, Illustration590 1989-04-01 7 Tokyo Reuter TOKYO share prices yesterday finished a rollercoaster ride mixed while the Nikkei Average edged up to a record closing high for the third straight session The Nikkei recouped losses just before the cloee on window-dressing buying on the last day of the fiscal year. WindowReuter - 590 words
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Article, Illustration1312 1989-04-01 7 Hongkong GOOD corporate results triggered e technical rebound yesterday resulting in share prices recovering from Thursday's 52-point loss to close higher, brokers said. The Hang Seng Index advanced 24.22 points to end at 3,004.98 and the Hong Kong Index put on 16.63 to 1,900.43.1,312 words
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363 1989-04-01 7 Reuter PHILIPPINE food and beverage giant San Miguel Corp, which produced its beat ever sales and profits in 1988, is expecting lower profit in the short term due to rising operating costs. In its annual report on Thursday, company officials saidReuter - 363 words
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197 1989-04-01 7 Reuter TAIWAN will sell about 150 million shares in government firms in early April as part of a drive to privatise state-owned corporations. Arfalysts said the sale, the largest stock offering in Taiwan's history, would raise about NT$7.9 billion. The shares ofReuter - 197 words
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Article, Illustration539 1989-04-01 7 Australia Reuter AUSTRALIAN stocks yesterday continued to slide as investors focused on options and futures-relat-ed trading. By the close of floor trading, the All Ordinaries Index had fallen 9.1 points to 1458.2. Brokers said the overall lack of interest in the national market other than for optionsReuter - 539 words
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Article429 1989-04-01 7 Reuter A RUN of profit-taking by cautious investors sent Taiwan share prices plummeting yesterday after a strong start and pushed the index to a sharply lower cloee. The weighted index dropped 76.5 points, or one per cent, to finish at 7,390.15 against Thursday's 7,466.65 and a high ofReuter - 429 words
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Article114 1989-04-01 7 Reuter THE Securities Exchange of Thailand Index rose 0.81 points to 440.88 yesterday on a turnover of 7,263,037 shares worth 512.98 million baht. MAN AMT Ao Kham Thai 420 12 Ayudhya Invaatmant 36 025 Bangkok Agro-ind 120 uncn Bangkok Bank 279 *2 Bank Of Ayudhya 362 urtchReuter - 114 words
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Article149 1989-04-01 7 Reuter BOMBAY share prices held selective gains at the close yesterday after a mid-session rally was cut short by rumours that the exchange might impose curbs on trading, brokers said. They said fears that the authorities planned measures to curb speculation and sharp price fluctuations undermined sentiment.Reuter - 149 words
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Article195 1989-04-01 7 Reuter PHILIPPINE SHARES yesterday closed largely higher at month-end on the strength ol commercials and industrials which made up for a lull in oil speculation and uncertain trend in metals prices, brokers said. "The commercials have improved towards the end of the month, so people think probablyReuter - 195 words
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Article111 1989-04-01 7 Reuter THE NEW ZEALAND share market yesterday ended the week and the financial year on a shaky note, with the Barclays index falling 24.83 to 1.881.04 in light volume. Brokers said the market's outlook was mixed to weak. "No one wanted to do anything at allReuter - 111 words
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Article187 1989-04-01 7 Reuter SEOUL STOCKS dipped into a correction yesterday after posting a high ot 1,005.72 in mid-afternoon but the index still coasted above past record levels. The composite index near the close was 1,004.41, up 16.97 points from Thursday's close. The previous record of 1,000.49 wasReuter - 187 words
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Page 7 Advertisements
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Advertisement83 1989-04-01 7 SHREE RAM PTE LTD (In members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN PURSUANT to Section 308(2) of the Companies Act. Cap. 50 that the final meeting of the members of the abovenamed company will be held at the office of M/s R Subramanlan Si Co, 6383 words
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Advertisement327 1989-04-01 7 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 and IN THE MATTER OF STAND FAST (S) PTE LTD (In Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of STAND FAST (S) PTE LTD duly held and convened at 1, Maritime Square #09-33. Singapore327 words
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Advertisement321 1989-04-01 7 IN THE MATTER OF THE COMPANIES ACT, CAP. 80 and IN THE MATTER OF PTE LTD (In Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of HULLIEN TRADING CO PTE LTD duly held and convened at 1 3 Jalan Kllang Barat, Singapore 0315 on 27th321 words
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SES
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Article, Illustration1139 1989-04-01 8 ANDREA BORCH - by i ANDREA BORCH INVESTORS ADOPTED a cautious tone and took profits yesterday with trading in the local market remaining active on the further release of annual corporate results. Although prices closed generally higher and gainers led losers 110 to1,139 words
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Article102 1989-04-01 8 BRITISH-AMERICAN TO- BACCO COMPANY (SINGA;PORE) LIMITED: 46th AGM i at the Registered Office, 57 *Senoko Drive, Singapore ton Wednesday April 5 at •11.30 am. V «MALAYSIAN TOBACCO 'COMPANY BERHAD: 32nd tAQM at the Ballroom, Hotel I Equatorial, Jalan Sultan Ismail, Kuala Lumpur on Wednesday April 12 at Jll-30102 words
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Article124 1989-04-01 8 Company RIGHTS ISSUE 0 C Bank On* lor two 1075 p •r star* Ex da**: March 9 Books clot* Morch 23 Accoptonc* i Paysit: May 12 George Town Thr** for-two $100 p*r thor« Ex dot*: Morch 13 Books dot* Morch 2B Accaptonc* foymml May 12 Inno-Pacific ThrM-ior-two $1124 words
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Article341 1989-04-01 8 Company RIGHTS ISSUE Ayer Hi torn Tin On* lor on* $1.10 p*r shor* Berjayo Corpn On* 'or on* $1 00 par p*r star* C 1 Holdings 27 Million loon stocks in th* ratio ol )3 loon stock lor *v*ry fiv* ordinary -V. Cousewoy Inv v>oftJ wa Hsu* of341 words
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Article6077 1989-04-01 8 19® High 1/89 Low Tel Cod* Company Last Sale MAR 91 ocVol rooo) Day High Low LMl Q Buyer noli Gr*s Dtv Dhr C'vr Qr*e rid Net PIE M Cap SECTION ONE INDUSTRIAL COMMERCIAL 162 85 260 167 135 460 244 350 132 167 177 297 59%6,077 words
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KLSE
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Article, Illustration3436 1989-04-01 9 SHARE PRICES were traded mixed for the fourth consecutive day at the Kuala Lumpur stock market yesterday. Sellers, however, were more aggressive than buyers. At the close of trading, the scoreboard showed losers leading gainers by 112 to 68 while 52 counters were traded unchanged. Scattered3,436 words
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COMPANIES & STOCK MARKETS
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Article, Illustration383 1989-04-01 10 KEVIN GWEE - By KEVIN GWEE TRADING GROUP Intraco Ltd has achieved a one-third jump in year-end earnings on turnover which exceeded half a billion dollars. For the 12 months to end-De-cember, group profit after tax and minorities rose 30.2 per cent to $8.75 million ($6.72383 words
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335 1989-04-01 10 ELECTRICAL manufacturer and trading group Amcol Holdings has proposed a bonus issue for the third year running, this time a one-for-two issue. In the previous two years, Amcol had proposed a one-for-10 bonus. The group posted profit after tax and minorities of335 words
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288 1989-04-01 10 THE TWO contesting parties for control of Apollo Enterprises the Hong Leong group and Apollo directors have mutually agreed to discharge the interim injunction placed on Apollo's 11-per-cent stake in a Taipei hotel development project. In an announcement yesterday, Apollo said it has288 words
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Article604 1989-04-01 10 THE STRAITS TRADING CO LTD: Group profit after-tax and minorities of $34.32 m ($25.34 m) on turnover of $219.43 m ($210.08 m) for the year ended Dec 31, 1988. Earnings per share of 11.6 cents (8.5 cents). Net tangible assets per share of $1.87 ($1.74). A final dividend604 words
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700 1989-04-01 10 MAGDALENE NG - By MAGDALENE NG PROPERTY GIANT City Developments Ltd, which reported a marginal rise in 1968 profit has revealed for the first time an addition of 444,000 sq m (4.78 million sq feet) to its land bank as a result of four years700 words
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Page 10 Advertisements
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Advertisement1077 1989-04-01 10 CURRENCY INVESTMENT \\ll Rl< I \l>|{|ss It.WK TEL: 321 3333 umui HOLDings bgrhbd (INCORPORATED IN MALAYSIA) PRELIMINARY ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 31 ST DECEMBER 1988 The Board of Directors wishes to announce the following audited results of the Group and Company for the year ended 31st December1,077 words
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Executive Lifestyle
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Article, Illustration835 1989-04-01 11 JAIME LYE - 'I love the smell of burning rubber in the morning...' By JAIME LYE "NAW. I don't know if I could do it Not my car, you know?" one young participant commented apprehensively in the coach. "That's precisely the point, dummy," I admonished him impatiently while eyeing the hordes835 words
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Article328 1989-04-01 11 RUTH J MONTAGUE - By RUTH J MONTAGUE Regional Presslines SET TO GO on the air on© minute before midnight tonight is S.W.A.L 121.55 FM Stereo. The new station, the latest to jump on the 24-hour bandwagon, is being manned temporarily by those thought over-quali-fied for Radio Ten andRegional Presslines - 328 words
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Article, Illustration1308 1989-04-01 11 SAMUEL EE - The promotional flyer offered the chance to become the ultimate driver of the u B tfff ultimate driving machine. Of course, W reality also offered the chance to become the ultimate crasher. SAMUEL EE and JAIME LYE were among the intrepid group that descended from a1,308 words
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Executive Lifestyle: Entertainment
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Article, Illustration555 1989-04-01 12 JAIME LYE - Don't they make a lovely couple THE OSCARS By JAIME LYE ONE OF THE changes in the 61st Oscar presentation format was to have "co-stars, compadres, companions and couples" present awards. Which is all very nice and cosy, unless of course you happen to have a spat with your other555 words
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Executive Lifestyle: Pursuits
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Article, Illustration1311 1989-04-01 13 DICK LEE - DICK LEE conjures up a few satin images to remind thin-skinned sybarites that the Silk Route wasn't a motorist's dream a DICK LEE SDICK LEE co ILK. Next to one's skin, it tends to bring out some stirring sensations. It could be1,311 words
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Article167 1989-04-01 13 A COLLEAGUE called a company ooa day and asked for Alice. "Which AI lea?" the operator asked, but the colleague did not know her surname. Finally, she decided to ask how many Alice's there were in the company. Came the reply: "Sorry, we have only one167 words
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Executive Lifestyle: Entertainment, the Arts & Pursuits
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Article, Illustration760 1989-04-01 14 N K Yong - Offline By N K Yong I START OFF this month with a wine which I would put in the four-star category on a pricequality basis. Cote de Beaune Villages is about as low as you can get on the totem pole of red760 words
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SHORT TAKES
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Article280 1989-04-01 15 T'lS THE AGE of indulgence, or at least at the Furama Palace, Furama Hotel. It will be the venue, on April 7 from spm to 11pm, of an "Imperial Banquet", reminiscent of the Qing Dynasty. Costing $4,800 a table, 20 courses will be served, consisting of four280 words
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Article, Illustration835 1989-04-01 15 RICHARD SEAH - HEALTH By RICHARD SEAH WHEN a health official warned this week that hospital births could endanger the lives and well-being of mothers and babies, he drew applause from some of the delegates attending an international congress in Jerusalem where he made the remarks. Or Marsden Wagner,835 words
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Article, Illustration694 1989-04-01 15 SYBIL HOLLOWAY - BRIDGE By SYBIL HOLLOWAY AT THE ANNUAL SCBA Easter Congress last weekend. 18 teams took part in the two-day team-of-four event. Several opportunities to shine in their defensive play were missed by some of the more experienced players. The following deal694 words
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Article, Illustration873 1989-04-01 15 JUANITA SHAKILA - on 466-9208 Compiled by JUANITA SHAKILA JUANITA SHAKILA CINEMA: Rain Man starring Oustin Hoffman (and by now you would already know that Dustin Hoffman won an Oscar for his rote in this movie, one of the four bagged by Rain Man) and Tom Cruise. Now showing at Prince 1:873 words
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Executive Lifestyle: Pursuits
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Article, Illustration1028 1989-04-01 16 QUEK SWEE PENG - ART By QUEK SWEE PENG THE LAST TIME Ganguin's Mata Mua surfaced at an auction, it was in 1984 when the painting was sold for USs3.Bm on May 15. The buyers: Jaime Ortiz-Parti-no and Baron Thyssen. Because opportunities to acquire a major Ganguin work1,028 words
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319 1989-04-01 16 NYT PROFESSIONAL money managers in the US have been known to view their portfolios as works of art, but when it comes to investing in art, they should think twice, pension advisers say. The question of whether art belongs in the portfolio of aNYT - 319 words
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Article202 1989-04-01 16 The data reflected m the Sotheby's Art Inde* or* bouxj on results of auction soles by affiliated companies of Sotheby's and other information deemed relevant by Sotheby's. Sotheby's does not warrant the accuracy of the data reflected therein Nothing in any commentary furnished by Sotheby's nor any202 words
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Article363 1989-04-01 16 RUTH CORB - -by RUTH CORB, by RUTH CORB, Sdtmby 'a ffMM/tft Dmpartwnt THE MAIN INTEREST in the art market last week took place outside the auction houses. Every year at around this point in the season a major trade fair is held in Maastricht, Holland. Given that it attracts363 words
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Article, Illustration129 1989-04-01 16 THE IMAGERY of birds has always been a fascination with Spanish artist Joan Miro. Birds of flight dominate his canvasses in bold, stark black, complemented by abstract splashes of blues, reds and yellows. Melodi Acide (left) is one example. This lithograph will be on display at129 words
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Article, Illustration806 1989-04-01 16 DICK LEE - FRENDS: Back to the classics By DICK LEE WHAT'S NEXT? It's anyone's guess. Trends could go forward, or, as this year's European Fall and Winter showings indicate, even backwards. As hemlines rise and fall like the tide, and colours resurface and then get wiped out, the806 words
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Article487 1989-04-01 16 HONG LEE TIAM - By HONG LEE TIAM WHY WOULD ANYONE want to stick a multi-coloured mass of pigments on the wall? According to Dr Julius Howard, a clinical psychologist in private practice, it is because a painting sets up a resonance in us, it sends "vibes" through us. To illustrate his487 words
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Executive Lifestyle: Personal Investment
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Article, Illustration528 1989-04-01 17 Charlaa Chow, J Ballas; Co - CHART Pii||lNT avvi By Charlaa Chow, J Ballas and Co THE corporate results announced thus far have been on the upper end of the expectation range. Out of the 40-odd key companies, the average earnings per share growth was about 40 per cent. In line withSource: J. Ballas & Co. - 528 words
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Article, Illustration541 1989-04-01 17 FOREIGN STOCK MARKET Reuter THE AUSTRALIAN stock market, which features low share prices and generally good dividend pay-outs, has probably become the world's most attractive bourse, stock analysts and economists say. "The Australian market has become quite cheap in a global context after failingReuter - 541 words
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1023 1989-04-01 17 AMY BALAN - WARRANTS By AMY BALAN WARRANTS fever reached a high this week aa it virtually swept the awards for top volumes along with penny stocks. "To some extent, liquidity bred liquidity and the new CLOB (Central Limit Order Book) trading system has made1,023 words
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606 1989-04-01 17 AMY BALAN - -By AMY BALAN WARRANTS, or transferable subscription rights (TSRs), are typically issued for a five-year period by a company, usually in conjunction with a loan stock issue. (In contrast, options such as those traded at the Chicago Board Options Exchange are written by606 words
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452 1989-04-01 17 CURRENCIES Reuter THE DOLLAR is set to strengthen further against the yen this month despite worries that the US economy may be slowing, Tokyo currency traders say. Although dollar sentiment is mixed in Tokyo, the wide gap between US and JapaneseReuter - 452 words
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633 1989-04-01 17 LORETTA McLAUGHLAN - mm By LORETTA McLAUGHLAN AS THE share price of United Engineering has demonstrated since the group's preliminary results were announced on Tuesday, investors were not surprised by the huge turnaround in UE's fortunes. For the year ending last December. UE. a diversified633 words
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Executive Lifestyle: Sports
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Article, Illustration624 1989-04-01 18 JEROME FANDOR - on TMCK With JEROME FANDOR CHAMPION JOCKEY Terry Lucas will be hoping he made the right choice in sticking with Saratoga Six rather than linking up with champion trainer Teh Choon Beng who offered him the ride on Alcove in the Sultan of624 words
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Article, Illustration535 1989-04-01 18 TENNIS AP TOP-SEEDED Gabriela Sabatini and No 2 Chris Evert took advantage of their opponents' mistakes on Thursday to win their semi-final matches at the International Players Championships. Evert, helped by constant unforced errors by No 5 Zina Garrison, won 6-3, 6-1. Garrison held serveAP - 535 words
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Article, Illustration360 1989-04-01 18 BASKETBALL AP PATRICK EWtNG scored 26 points, including two key free throws with 2:11 left, as the New York Knicks handed the Dallas Mavericks their 12th consecutive defeat, 99-98 on Thursday night. The Knicks tied the score four times in the fourth quarter beforeAP - 360 words
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Article237 1989-04-01 18 AMERICAN Patty Fendick meets Australian Anne Minter in the finals of the $150,000 DHL Singapore Women's Open on April 16 if the seedings prove true. Fendick, ranked 19 in singles and 10 in doubles, leads 26 tennis players from 11 countries including Canada, Belgium,237 words
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254 1989-04-01 18 GOLF Reuter AMERICAN Craig McClellan fired a three-under 69 for a total of 141 to snatch a one-stroke lead on the second day of the Malaysian Open golf championship yesterday. He overtook little-known firstday leader Taiwan's Lin ChihChen, who fired a one-over 73Reuter - 254 words
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Article, Illustration298 1989-04-01 18 AFP JULI INKSTER fired a six-under-par 66 in California on Thursday and took a two-stroke lead after one round in the US$5OO,OOO Dinah Shore tournament, the first women's major of the year. Inkster, who won the same event in 1984, birdied her first threeAFP - 298 words
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Article347 1989-04-01 18 AFP MIKE DONALD kept the ball in the soggy fairways of the Woodlands on Thursday and was rewarded with a five-under-par 67 and one-stroke lead after one round in the US$BOO,OOO Independent Insurance Agent Open. "The key was to drive in the fairways and, as wetAFP - 347 words
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Article, Illustration353 1989-04-01 18 A SURENDREN - FITNESS By A SURENDREN THROW AWAY those bar-bells, dumb-bells and masses of rusting iron plates the computer has replaced them all. A new brand of weight-lifting machines. Life Fitness, electromagnetically creates the resistance that metal weights do. A computer cantrols all the functions of this machine, which costs353 words
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740 1989-04-01 18 GRAND PRIX AP A QUARTER CENTURY after it reached a peak, the motor-rac-ing rivalry between the Brabhams and the Hills goes on. Then, it was Jack Brabham v Graham Hill for Grand Prix supremacy. Now, it is Gary Brabham v Damon Hill battling toAP - 740 words
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Executive Lifestyle: Perspective
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Article, Illustration2017 1989-04-01 19 Protecting reserves the how's and why's To stimulate dialogue on a broad range of issues affecting Singapore, the Institute of Policy Studies offers the Occasional Paper Series which provides a forum for constructive views of different persuasions to be deliberated. Presented here are excerpts from the first in the series:2,017 words
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290 1989-04-01 19 JONAS K KULIANG - letters to the Editor JONAS K KULIANG Famesind Agency Pte Ltd Doer Sir, With considerable interest I read "Cecchi Qori wraps up USs4oom movie deal" by Martin Soong (BT, March 23). So the joint-venture agreement was with Fininvest, "a290 words
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76 1989-04-01 19 Dear Sir, United Industrial Corp (UIC) should be re-classified under "Properties" for trading in the Stock Exchange of Singapore as it is heavily weighted in property. For example, a 100 per cent share in The Paragon, 50 per cent share in Inchcape76 words
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168 1989-04-01 19 PAYSON CHA - PAYSON CHA Managing Director HKR Properties Limited Dear Sir, With reference to the article on HKR Properties buying a 34.02 per cent interest in the Beaufort Sentosa development (BT, Feb 23). I wish to clarify the situation as follows: 1) HKR168 words
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97 1989-04-01 19 D W DISTANT - D W DISTANT Dear Sir, "Nasdaq was dormant yesterday" was the terse market report recently. A glance at the usual closing quotes shows why Nasdaq just cannot attract local interest. Examples (in US dollars): Adolph Coors Jl5-526, Beecham Group $16-$26, Ericssons $42$72. Jerrico97 words
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117 1989-04-01 19 DAVID WONG - DAVID WONG for Managing Agent The Management Corp Strata Title No 703 Dear Sir, We refer to the column "Straws in the Wind" (BT. March 18-19). We would like to clarify that the management of Tanglin Shopping Centre is a management corporation. It is a117 words
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Article555 1989-04-01 19 on Qatuiiday IST APRIL, 1989 WHATEVER MIGHT be the historical or legendary reasons for celebrating April Fool's Day, there is little doubt that people need it. At the simplest level, the day is an opportunity for people to break away from the seriousness which necessarily is555 words
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852 1989-04-01 20 ALVIN TAY - Proposal of one-for-eight bonus By ALVIN TAY, Financial Editor UNITED OVERSEAS Bank has proposed a one-for-eight bonus issue for its shareholders, following a 23.5 per cent rise in net group profit to a record $172.2 million for 1988. The proposed bonus issue, to852 words
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396 1989-04-01 20 ROSIE TAN,FLORENCE CHONG - By ROSIE TAN,FLORENCE CHONG GOODWOOD PARK Hotel Ltd (GPH), flagship of fugitive tycoon TChoo Teck Puat, has confirmed for the first time that it has been discussing the sale of its four Singapore hotels but said the highest offer so396 words
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Article274 1989-04-01 20 JOCELYN TOH - ■by JOCELYN TOH PROMET BHD sank deeper into the red last year, weighed down by an Msll-million foreign exchange loss and an equal amount from a writedown of fixed assets. The Malaysian-based group incurred an after-tax loss of M 539.80 million for the year274 words
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Article365 1989-04-01 20 KEVIN GWEE - u \\J By KEVIN GWEE HONG FOK Corporation Ltd, still dragged down by heavy interest charges, has managed to reduce its after-tax loss last year by 84 per cent to $12.09 million. The property group has also proposed a one-for-five bonus issue which will365 words
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336 1989-04-01 20 HERMAN PHUA - BY HERMAN PHUA UMW HOLDINGS Bhd, still in the thick of a debt restructuring exercise, has ended its latest financial year with a group bottomline loss of M 539.12 million, which is $13.02 million more than $26.10 million previously. Weighing heavily on336 words
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Article305 1989-04-01 20 HERMAN PHUA - By HERMAN PHUA FABER MERLIN Malaysia Bhd, bogged down by heavy interest expenses, has turned in an af-ter-tax loss of M 522.70 million for the half-year ended Dec 31. This compares with a loss of M 516.17 million in the previous corresponding period. Turnover also305 words
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440 1989-04-01 20 ANNA TEO - By ANNA TEO FIRST Deputy Prime Minister Goh Chok Tong returned yesterday evening from Jakarta after three days of "fruitful exchanges" with Indonesian leaders and meetings with a wide •ection of the country's opinionshapers. The visit went off very well amid a440 words
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516 1989-04-01 20 WILLIAM CHIA - PAY ON PAR WITH TOP ACCOUNTANTS By WILLIAM CHIA THE newly-created top grade in the administrative service, Staff Grade V, means that civil servants at the very top can now earn around $683,000 per annum. At that level, top civil servants516 words
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180 1989-04-01 20 Reuter BY OFFICIAL counts, over three million Indonesians are jobless. Economists said yesterday that unemployment may be a threat to political stability. On Java, some 63 per cent of Indonesia's 75 million workers are crammed into an area about the size of England. "The JavaneseReuter - 180 words
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LATE FILE
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Article37 1989-04-01 20 Bernama A GREATER amount of imports slashed Malaysia's trade surplus by 9.7 per cent to M 511,923.2 million last year compared with M 513,204.6 million in 1987, the Statistics Department said yesterday.— BernamaBernama - 37 words
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38 1989-04-01 20 Bernama THE cooperation between the Spirit of 46' group and Parti Islam is to be formally launched when "both sides agree on the date", group leader Tengku Razaleigh Hamzah said yesterday.—Bernama - 38 words
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Article56 1989-04-01 20 AFP THAILAND is building a deep sea port on its western coast which could serve as an economic bridge" to India, Thai Prime Minister Chatichai Choonhavan said in New Delhi yesterday. The port could serve as Thailand's gateway to South Asia and as an outletAFP - 56 words
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Article29 1989-04-01 20 AP A 9.2 trillion yen (US$6B.B billion) provisional budget, covering 50 days of the new fiscal year beginning today, was approved yesterday by Japan's parliament.—APAP - 29 words
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37 1989-04-01 20 AFP THE International Natural Rubber Organisation (Inro) has successfully liquidated its first rubber pact after a protracted negotiation on ways to deal with its huge assets, an Inro official said yesterday.— AFPAFP - 37 words
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Article72 1989-04-01 20 COMEX GOLD FUTURES firmed early yesterday on buying fed by speculation that Nymex crude oil will pierce the USttl barrier. Spot gold rose US$2 at U*****.20 an ounce and the June delivery added US$2.6O at US$3BB.BO. Analysts said day traders bought gold in anticipation that a sharp run-up72 words
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435 1989-04-01 20 MALINI TAMBYAH - By MALINI TAMBYAH THAILAND'S BOOMING economy is likely to face problems in sustaining its current rate of growth by 1991, said Sqn Ldr Prasong Soonsiri, in an exclusive interview with BT yesterday. Among the problems Sqn Leader Prasong, the former Sec-Gen to435 words
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504 1989-04-01 20 FOO CHOY PENG - By FOO CHOY PENG, Hongkong Correspondent THE HONGKONG government yesterday mounted a territorywide operation to flush out illegal immigrants, just when major employer groups are finalising a proposal to import workers from China. In the latest effort to weed out illegal immigrants, the government arrested504 words
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Article90 1989-04-01 20 HONGKONG is to send a team to Singapore to look at what it can pick up from the republic's public housing programme. The trip, tentatively scheduled for the third quarter, will be led by Hongkong Housing Authority chairman Sir David Akers-Jones. An Authority spokesman said yesterday that90 words
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Page 11 Advertisements
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Advertisement35 1989-04-01 11 Alexandre Reza presents T L rARDEN |BJS s. I', .> 131 Venue: Ariel Taeping Suite, Oriental Hotel Date: 2.nd to Bth April 1989 Time; 1100 dm to 7 00 pm ith Support [Tonv SinGAPORE AIRLinES HOURI.OASS35 words
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Page 12 Miscellaneous
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Miscellaneous1695 1989-04-01 12 SLOTS TO WATCH Urban Cowboy, POW and Alfred Hitchcock MOVIES Krakatae, Today, Ck 5, 3.05pm This Indonesian period drama is about a young martial arts exponent who is in search of an unfaithful disciple of his master's when he comes across the strange village of Krakatau. Stars Dicky Zulkarnaen and1,695 words
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Miscellaneous1696 1989-04-01 12 CINEMA More dead than deadly By LAWRENCE TAN MAKE MY DAY lah. Eastwood didn't. Some things are better left alone and Dirty Harry s trademark phrase is one. It was a classic example one of the best of how Americans can take a simple word or two and inject irony1,696 words
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Page 14 Advertisements
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Advertisement831 1989-04-01 14 m •BiatfeTowtr Where to entertain. ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN (XX USES. PALM For between $26++ and $40+ you can select from our appetiser OKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish831 words
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Advertisement187 1989-04-01 14 Explore the legendary cuisine of Scandinavia For generations, the legend of Hans Christian Andersen's Little Mermaid has entranced many. Similarly, the legendary cuisine of Scandinavia is worth exploring. Sample over 60 tantalising favourites in a lavish daily lunch buffet. April I—3o Adult: $33++, Child: $17+ We serve the world to187 words
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Page 15 Advertisements
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Advertisement238 1989-04-01 15 <6 tOe jr* f 4 0 Sunday Brunch: A great family outing If s a wonderful way to combine a late breakfast with an earty lunch on a lazy Sunday. Sausages, bacon, eggs any way you want them oysters, smoked salmon, tasty entrees, roast right through to pastries, puddings, fruit238 words
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Advertisement51 1989-04-01 15 White out of Black Unlock the secret of Black Tower. A delightfully fruity, light, white wine from the Rhine in Germany; preserved in a pre-Roman shaped, black bottle. I 4 ft* Rhanhessefi v rr.vf IT. /v/ W.' #f II >"P. i' V) R trn I* wrt "on !R?" ll» m?51 words
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Page 17 Advertisements
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Advertisement28 1989-04-01 17 BT welcomes investment kleas and viewpoints from brokers, bankers, and other readers. Address all correspondence to: The Editor, Personal Investment, Business Times, 390 Kim Seng Road, S'pore 092328 words
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Page 19 Advertisements
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Advertisement44 1989-04-01 19 BT wclcomM letters from reader*. Your letters must include your signature, full name, eddroes, and home and office telephone numbers, if any. You may add a pseudonym, if you wish. Addreee your letters to: The Editor, Bueineee Timee, 390, Kim Seng Road, Singapore 0923.44 words
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Page 19 Miscellaneous
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Miscellaneous811 1989-04-01 19 tctchkhdgb CRYPTIC PUZZLE ACROSS 0 Intended to. but didn't get out of one's thoughts (3, 2, 4) 10 Pancho Villa? (5. 4) 12 The way to conceal a gun (4) 13 The fool had the priaon fringed with trees (6) 14 Happened on the real translation and not the figurative811 words
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