The Business Times, 21 December 1993

Microfilm: NL18968
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times M E KNOW ASIA MITA(P) 010/12/93 Tuesday December 21 1993 75«
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones down 0.28 point
      70 1 Reuter NEW YORK Wall Street stocks inched lower in cautious trading at mid-session yesterday as investors geared up for today's Federal Reserve policysetting meeting. At Ipm ESt. the Dow was ofT 0.28 of a point at 3.751.29 on moderate trading. In the broad market, declining
      Reuter  -  70 words
    • Article
      Lock icon Clinton's US$50m grant for US police
      91 1 Bloomberg Business News WASHINGTON Seven-ty-four police departments in the United States will receive a total of USSSO million (5579.5 million) from the federal government to hire more officers. President Bill Clinton said yesterday. The grants arc the first step towards carrying out Mr Clinton's
      Bloomberg Business News  -  91 words
  • Article, Illustration
    MARKET SUMMARY
    98 1 Stock market indices Monday C hange ST1I 2.277 48 -2.78 KLSE Composite...1.098.08 -11.45 Nikkei 17.404.24 -647.67 Hang Seng 10.814.8 245.9 SET Indet 1.496.71 -17.12 Jakarta Composite ...552.90 -4.05 CLSA China B 1.322.29 -16 30 Aust All Ord 2.076 0 -4 2 nSE 100 3.3649 +27.8 Monday Previous Ipm
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  • Article, Illustration
    Malayan Credit sells Ardmore Park in $375m landmark deal
    684 1  -  By Lee Han Shih SINGAPORE In what will be the biggest residential property deal of the year, listed Malayan Credit Ltd (MCL) said yesterday that it was selling its flagship Ardmore Park to Marco Polo Development for $375 million. The sale
    684 words
  • Article
    Pan-United's fixed-price shares 16.5 times subscribed
    251 1  -  By Juliette Walker -SINGAPORE Fixed-price shares of Pan-United Corporation were subscribed about 16.5 times when the marinebased group closed its initial public offering on the main board yesterday. This compares to last week's IPO by stockbroker Vickers Ballas in which the fixed-price portion was
    251 words
  • Article, Illustration
    Lock icon Profit-taking hits regional bourses
    264 1 SINGAPORE Mast regional stock markets came under profit-taking pressure yesterday after a week of rallies. In Singapore, the Straits Times Industrials Index rose in the morning to a record 2,314.89 points before easing to end at 2.277.48 down 2.78 points from Friday's close of 2.280.26. Profit-taking
    Source: Bloomberg  -  264 words
  • Article
    Corporate tax cut to offset GST will boost profits by $1.5b a year
    572 1  -  By Chuang Peck Ming SINGAFORE The corporate tax cut announced in the Budget in February to offset the new Goods and Services Tax will boost after-tax profits of companies by about $1.5 billion per annum in the
    572 words
  • Article
    Lock icon OECD poised for gradual economic recovery
    434 1 Bloomberg Business News Reuter PARIS Economic recovery in major industrialised countries will slowly gather steam in the next two years, bolstered by interest rate cuts in Europe and buoyant growth in newly industrialised countries, notably in Asia, the OECD said. Gross domestic product in
    Bloomberg Business News; Reuter  -  434 words
  • Article
    Vickers closes a mere two cents above strike price
    281 1  -  By Abdul Hadhi SINGAPORE Stockbroking company Vickers Ballas Holdings closed just two cents above its strike price in heavy trading on its debut on the Stock Exchange of Singapore yesterday. The counter opened strongly and saw its price reaching a high
    281 words
  • Article
    Lock icon Shanghai bourse suspends trading
    157 1 Bloomberg Business News HONGKONG The Shanghai Stock Exchange temporarily suspended trading in 'A' shares reserved for local investors yesterday morning as a flurry of selling knocked 9 per cent oft" the index in the first minutes of trade. A spokesman for the exchange said the stock
    Bloomberg Business News  -  157 words
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      119 1 Nikon I The World's Finest Photographic System ftuct 7U*v 'fy&vi u«t4. (Ac 'pittvU I Nikon Camera Cantra Max Photo #03-10 Centrepoint Tel: 733 3846/733 3868 J i CONTENTS Sport News 2 21.22 Regional News —3.5.6 Financial 24 Woe Id News 9,10 Features Markets Analysis 19 Ctob/WSF. SES 28-30 Edtonal 18
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      7 1 Property: Pg n Sound investments in Johor
      7 words
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      15 1 Hock Lock Siew: pg 21 Don t rule out Asian airlines Full reports. Pages 26-341
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      38 1 The Bottom [jy Russians wofAtake 4&rtsvsmseriously (artier Boutique/ SINGAPORE Ngee Ann City, Tower B, #01-11,391 Orchard Road. Tel: *****27 Hilton International, #01-04, The Shopping Gallery, 581 Orchard Road. Tel: *****95 Palais Renaissance, #01 -03,390 Orchard Road. Tel: *****93
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      30 1 Nikon I The World's Finest Photographic System tpun fte*» Ifuvt t*oA tAc 'pOteU ||l man Camera C«fitrB Sip«f PtKrto #03-26 Orchard Point Tel: 737 4481/734 3816p More reports, Page 10
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon A slippery path
        283 2  -  By Schutz Lee SINGAPORE'S oil industry has seen its profit margins eroded in the last five months, going by figures on domestic oil exports. Since June, the value of domestic oil exports has risen less than the volume exported, and has lagged behind more and more from
        Source: Dept of Statistics  -  283 words
    • NEWS ROUNDUP
      • Article
        President of Guyana here on visit
        77 2 GUYANA PRESIDENT Cheddi Jagan arrives in Singapore today for a working visit. He is accompanied by an eight-member Jbai% that includes Foreign .Minister Clement James Rohee and Junior Finance Minister Bharrat Jagdeo. Dr Jagan will call Ong Teng Cheong and thime Minister Goh Chok
        77 words
      • Article
        Leaving without notice
        42 2 FIVE national servicemen will appear in court today for allegedly having failed to tell the Defence Ministry about leaving Singapore for more than 24 hours. The rule, under the Enlistment Regulations, came into effect on Nov 1 last year.
        42 words
      • Article
        Help for low-income families
        42 2 THE Ministry for Community Development is inviting applications for the Small Families Improvement Scheme (SFIS) to be launched in January next year. The SFIS aims to help low-income couples pay for the children's education and the family's flat.
        42 words
      • Article
        Clean-up for Viet canal
        67 2 HO CHI MINH CITY has accepted a report from Singapore's Environment Ministry on the proposed ciean-up of its Nhieu Loc-Thi Canal, which is served by a sewerage system built over a century ago by the French. With the system now grossly inadequate. the canal is plagued
        67 words
    • Article
      Oil engineering firm to boost offshore services
      426 2  -  By Agnes Wee FOSTER Wheeler Eastern Pte Ltd, a wholly-owned subsidiary of Foster Wheeler Italiana (Milan), plans to boost its offshore engineering services. Managing director Giorgio Veronesi says the Singapore company is a full-fledged regional engineering centre capable of executing independently significant projects
      426 words
    • Article, Illustration
      Lock icon Where to get what at the lowest cost in Asia
      175 2 Reuter HONGKONG Singapore airport is the place to buy Asia's cheapest duty-free cigarettes while Taipei offers whisky drinkers the best value for money, according to a survey released by an international credit card company yesterday. The survey of the cost
      Reuter  -  175 words
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      256 2 Epson Makes Business A Pleasure. EPSON PORT \gjm> SHOTS ,«*r > The latest in sea, air and land transportation Shipping Times Monday to Friday %SINQAK*E# FBI Businessßmes WWDKJBAMA Arthur Andersen Associates Pte Ltd ACCOUNTING, BUSINESS AND TAX STRATEGIES FOR GROUPS OF COMPANIES A one day seminar cum workshop on tax,
      256 words
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      182 2 |Good Cheer And Great FareS Away From The Hustle And Bustle jfa Ring in Christmas cheer. Usher in the New Year. At 4th yg Estate Restaurant, where you feast on Yuletide favourites and gourmet fare in a lovely ambience, with fast, efficient service. Our festive menu offers a choice of:
      182 words
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  • THE REGION
    • Article
      S'pore set to pip Japan as Thailand's 2nd major importer
      493 3  -  From Alan Boyd in BANGKOK SINGAPORE is expected to overtake Japan as Thailand's second major export market within three years following an upsurge in electronics sales. Trade officials said the Republic imported goods worth 72 billion baht (554.5 billion) from
      493 words
    • Article
      Lock icon Manila assumes central bank losses, gets World Bank loan
      373 3 AFP MANILA The Philippine government yesterday announced the issue of 220 billion pesos (5512.4 billion) in securities to cover Central Bank (CB) losses, clearing the way for a US$45O million loan tranche from the World Bank. The move was part of
      AFP  -  373 words
    • Article
      Lock icon Mahathir urges M'sian steel industry to be more competitive
      253 3 Bernama BUTTERWORTH Malaysian Prime Minister Mahathir Mohamad yesterday urged the country's steel industry to step up competitiveness to meet the needs of the domestic and export markets. He said the domestic steel industry should be far-sighted because it was expected to
      Bernama  -  253 words
    • ASIA NOTES
      • Article
        Lock icon KL condo: unofficial death toll 36
        104 3 Bernama KUALA LUMPUR The unofficial death toll in the Highland Towers condominium disaster has risen to 36 with the recovery of nine more bodies yesterday. Among the bodies recovered was that of Chew Poh Wah, 54, former managing director of the China Press. Meanwhile
        Bernama  -  104 words
      • Article
        Lock icon Kim expected to revamp cabinet today
        116 3 Reuter SEOUL President Kim Young Sam is expected to dismiss his key economics ministers but stand by the men in charge of foreign and unification policies in a major cabinet reshuffle, government sources said yesterday. The shake-up, to be announced today, is an effort
        Reuter  -  116 words
      • Article
        Lock icon High hopes for US-Japan summit
        96 3 AP TOKYO A senior US trade official said yesterday that Washington has high hopes for an upcoming US-Japan summit, but added that working-level trade talks have not progressed far. Jeffrey Garten, undersecretary of commerce for international trade, said he expects the Feb 11 summit between
        AP  -  96 words
      • Article
        Lock icon New rules for Tokyo securities market
        90 3 Bloomberg Business News TOKYO The Ministry of Finance will announce by Dec 22 new measures to deregulate the country's securities market, the Nikkei newspaper said yesterday. The report said the measures are likely to include looser rules on investment trusts, new equity issues by
        Bloomberg Business News  -  90 words
      • Article
        Lock icon Foreign assets safe, assures Cambodia
        125 3 AFP PHNOM PENH Foreign investors have been assured by the Cambodian government that there would be no nationalisation of their assets, the weekly The Cambodia Times reported yesterday. Commerce Minister Va Huot said the government was implementing a number of measures to lure foreign investors.
        AFP  -  125 words
    • Article, Illustration
      Lock icon 44 Indonesians in Desaru collision still missing
      382 3  -  By Juliette Walker SINGAPORE Forty-four Indonesians seeking to enter Malaysia illegally for work were still missing yesterday evening after two boats collided off Desaru on Saturday. Two others were confirmed dead and 17 had been rescued as of 6pm yesterday. The boats collided
      Reuter  -  382 words
    • Article
      Lock icon Hanoi shelves plans for US$ treasury bills
      213 3 AP HANOI Vietnam has temporarily suspended plans to issue treasury bills denominated in US dollars, a Ministry of Finance official said yesterday. The bills would have been the country's first financial instruments denominated in a foreign currency, said the official, who insisted on
      AP  -  213 words
    • Article
      Lock icon Taiwan gets foreign applications to invest US$300m in stocks
      444 5 Knight-Ridder, AFP, Bloomberg Business News TAIPEI The Taipei Securities and Exchange Commission (SEC) said yesterday that foreign financial institutions in mid-December applied to invest US$3OO million (***** million) in Taiwan stocks, adding to record applications and approvals of overseas money aimed
      Knight-Ridder,; AFP,; Bloomberg Business News  -  444 words
    • Article
      Lock icon Beijing drafts law promising to protect Taiwan investment: report
      202 5 AP BEUING Communist China yesterday submitted a draft law to its national legislature that would guarantee legal protection for investment from Taiwan, the official Xinhua News Agency reported. The draft law would treat investment from Taiwan as "special domestic investment", distinguishing
      AP  -  202 words
    • Article, Illustration
      Lock icon Patten repeats offer of more talks with China on reform
      284 5 AFP HONGKONG Hongkong Governor Chris Patten repeated yesterday his call for more talks with China on electoral reform for the territory and said "well be happy to put people on planes to Beijing". That was what we'd done for 17
      AFP  -  284 words
    • Article
      Lock icon HK business up in arms against govt's pension plan
      315 5 Bloomberg Business News HONGKONG The government's plan to introduce a mandatory pension scheme that will significantly increase taxes is meeting with mounting opposition from the territory's business community. Standard Chartered Bank chief economist KC Kwok said yesterday the forced savings scheme
      Bloomberg Business News  -  315 words
    • Article
      Lock icon China's tax collectors stripped, beaten: report
      342 5 UPI BEUING Hundreds of Chinese villagers waged a day-long battle with tax collectors, stripping and then seriously injuring police reinforcements and smashing police cars, an official newspaper said yesterday. The early November incident underlines two of China's most pressing problems tax reform and rural
      UPI  -  342 words
    • Article
      Lock icon China to unveil plan to create jobs for urban unemployed
      283 5 China Daily BEIJING China is to introduce new measures to create jobs for the urban unemployed, a senior Labour Ministry official said at the weekend. They include government loans and tax cuts or exemptions to help people start with their
      China Daily  -  283 words
    • Article
      Lock icon Hosokawa rules out snap poll despite impasse on reforms
      475 6 UPI, Reuter TOKYO Prime Minister Morihiro Hosokawa did not plan to dissolve parliament for a snap election despite the gloomy prospects for his political reform package, the top government spokesman said yesterday. Chief Cabinet Secretary Masayoshi Takemura insisted Mr Hosokawa, only
      UPI,; Reuter  -  475 words
    • Article
      Lock icon Foreign banks to take blame for Indian stock scam
      306 6 Reuter BOMBAY A parliamentary committee probing India's biggest financial scandal is expected to blame foreign banks for initiating the US$l.2B billion (552.03 billion) fraud when it presents its final report today, bankers said. The Reserve Bank of India, itself likely to
      Reuter  -  306 words
    • Article, Illustration
      Lock icon Plain Jains
      61 6 Reuter SHRAVANABELAGOLA, India Sadhus of the Jain sect pray at the feet of an 18-metre high statue of Bahubali during a ceremony held once every 12 years here in the southern Indian state of Karnataka. More than 200,000 Jains, followers of Lord Mahavira, chanted scriptures as the statue
      Reuter  -  61 words
    • Article
      Lock icon Aussie finance minister is favourite for treasurer post
      336 6 Bloomberg Business News CANBERRA Australian Finance Minister Ralph Willis is seen as the odds-on favourite to become the nation's next treasurer, following the surprise resignation of incumbent John Dawkins last Friday. Major metropolitan newspapers yesterday named Mr Willis as front-runner in a
      Bloomberg Business News  -  336 words
    • Article
      Lock icon India to open its skies fully to private airlines
      237 6 Reuter NEW DELHI India is about to open its skies fully to private airlines but it will not allow them to fly overseas. Aviation Minister Ghulam Nabi Azad said yesterday. "Private taxi operators (as private airlines are known) will be restricted
      Reuter  -  237 words
    • Article
      Lock icon Japan expects record surplus
      187 6 AFP TOKYO The Japanese government will revise upwards its estimate of the country's current account surplus for the year to March from U*****.5 billion (S$ 183.6 billion) to a record US$l35 billion, it was reported yesterday. The leading economic daily Nikkei said the revision stems mainly
      AFP  -  187 words
    • Article
      Lock icon Business expectations in Australia at new high
      283 6 Bloomberg Business News, Knight-Ridder SYDNEY Business expectations of Australian manufacturers are at their highest level in 10 years, on a strong outlook for profits, according to the December quarterly survey by Westpac Bank and the Australian Chamber of Commerce and Industry. The report,
      Bloomberg Business News,; Knight-Ridder  -  283 words
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      70 3 The art of writing MONT° BLANC Kxperience for yourself the elegant new additions to the Montblanc leather collection: four distinctive wallets and a leather-bound notebook, all superbly crafted from naturally-tanned cowhide. Our specially trained sales associates will be happy to introduce you to these exquisite products. MontMenc Boutiques #01 32
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      428 4 A 'VEr^QEOi^Hc^^^^H II J A of a clork function ajitomaticaUy« NOW AT In 1762, following in timepiece on his journey in "Around the phase, date and power reserv^^^^^^J^Jj^^^^P SHOPPINg'cDvTTRE thefootstepsofmany World in 80 Days". indicators and a rotor weight in platinum, while the minute •an aspiring watchmaker, fifteen-year-old ACELEBRATED 1
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      110 5 f I THE POETRY OF LIFE CAN BE EXPRESSED THROUGH A SONNET. 11" fSf The precisely engineered ink feed system, the tough smooth and clean writing line, the ball pen with the THE NEW rhodium tipped nib and the ergonomic detailing of the Golden Touch ball pen refill). The Sonnet
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      1074 6 The Board of Directors of Sincere Watch Limited is pleased to announce the interim results of the Group and the Company for the six months ended 30 September 1993. These figures are unaudited. Results I 1 1 GROUP COMPANY HALF YEAR HALF YEAR I HALF YEAR HALF YEAR TO TO
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      377 7 I Enter A new I Lifestyle I WITH MASTERWIN r Htgfo pi Enter Master Win now and you hove the chance to win a membership* with the This means of course, the more you spend, the more chances you have of winning. prestigious Singapore Island Country Club. The draw will
      377 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Pyongyang has nuclear arsenal, envoys warn after visit
      731 8  -  N Korea: high stakes From Peter Seidlitz The writer is the Beijingbased Far East and China correspondent for Handelsblatt. a German business and financial newspaper. in Beijing NORTH Korea has not one but probably several atomic bombs, and the vehicles on which
      731 words
    • Article, Illustration
      Lock icon Seoul plans to make state-owned giants lean and clean
      800 8 Bloomberg Business News SEOUL From his hiding place somewhere in Japan, Park Tae Joon must sometimes marvel at his sudden transformation from one of South Korea's biggest industrialists into a fugitive from the law. Twenty-five years ago, he was asked by
      Bloomberg Business News  -  800 words
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      699 8 ADVERTISEMENT H kknTllti E0 ■■■I mjßTrwumtafwm Ml MQPBlfiiMßiiiiiiMiMlliM EXKLUSIV CENTRE 1 Übi Road 4, Spore 1440 Tel: 741 3333 LENG KEE SHOWROOM 19 Leng Kcc Road S pore 0315 Tel: 474 1111 THE RcFINED STATUS SYMBOL jjjQj under the most trying conditions. I jy|| Itt 111 I 111 Altogether, there
      699 words
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  • THE WORLD
    • Article
      Lock icon Clinton struggles with painful decisions over US budget
      533 9 Reuter WASHINGTON US President Bill Clinton is facing painful decisions on cherished domestic programmes, foreign aid and defence needs as he struggles to meet strict spending limits set by the deficit reduction law. Administration officials say they hope to wrap up the
      Reuter  -  533 words
    • Article, Illustration
      Lock icon In defence of Palestine
      45 9 Reuter GAZA A Palestinian woman holding a rock being pushed back by an Israeli soldier, just before the arrest of her son near Palestine Square on Sunday in Gaza Strip. Three people were arrested, one of them a seven-year-old boy. Renter
      Reuter  -  45 words
    • Article
      Lock icon QVC to raise bid for Paramount
      486 9 Bloomberg Business News NEW YORK QVC Network Inc's board on Saturday authorised a higher bid for Paramount Communications Inc, while Viacom Inc sought to bolster its offer with increased investment from Blockbuster Entertainment Corp, people close to the discussions said. Viacom and QVC are
      Bloomberg Business News  -  486 words
    • Article
      Lock icon KPMG chosen to conduct audit probe on Euro Disney
      333 9 FT PARIS The Euro Disney banks have appointed KPMG, the accountancy and consulting group, to conduct an investigative audit of the troubled leisure company in preparation for the negotiations over its emergency financial restructuring. KPMG in Paris on Friday confirmed that
      FT  -  333 words
    • Article
      Lock icon Balladur hints of presidential ambitions
      285 9 Reuter PARIS Prime Minister Edouard Balladur. the French voters' favourite for the presidency. has dropped the first hint that he may vie for the top job. saying he will not remain as premier beyond the presidential election in 1995. "Five years at Matignon (the premier's
      Reuter  -  285 words
    • Article
      Lock icon Aspin may be named China envoy
      289 9 AFP WASHINGTON The White House confirmed on Sunday that Les Aspin, who last week announced his resignation as defence secretary, might be named ambassador to China. "There is truth to the fact that the president and Secretary; Aspin discussed the contribution he has made...
      AFP  -  289 words
    • Article
      Lock icon Washington set to change communications policy
      373 9 NYT WASHINGTON The Clinton administration is poised to make broad changes in communications policy, and will give its support this week to legislation that would break down the legal barriers that currently separate the telephone and cable television industries. Vice President A 1 Gore
      NYT  -  373 words
    • WORLD WATCH
      • Article
        Lock icon Serb Socialists claim election victory
        76 9 Reuter BELGRADE Serbian President Slobodan Milosevic's ruling Socialist party won parliamentary elections with between 124 and 128 seats and 37.2 per cent of the vote, according to unofficial returns, party spokesman Ivica Dacic said yesterday. The Socialists would need 126 seats from the elections on
        Reuter  -  76 words
      • Article
        Lock icon Clarke heads UK team on Asian tour
        112 9 Reuter JAKARTA Britain's Chancellor of the Exchequer Kenneth Clarke, will lead a delegation of treasury officials and bankers to South-east Asian countries this month, an embassy spokesman said. He confirmed a report in the London Sunday Telegraph which said the team would visit
        Reuter  -  112 words
      • Article
        Lock icon EC deal angers German steel firms
        70 9 Reuter BONN Germany's private steel firms yesterday reacted angrily to a European Community deal to award state-owned European steel-makers US$7.6 billion (SSI2 billion) in subsidies and said it could lead to more job cuts and plant closures. Steel-makers said approval of government aid for
        Reuter  -  70 words
      • Article
        Lock icon Accountants fail to agree on goodwill
        94 9 Bloomberg Business News LONDON The Accounting Standards Board has failed to reach an agreement on one of the most controversial issues in accounting, namely the treatment of goodwill in companies' accounts, the Financial Times reported. Goodwill, which measures intangible assets such as customers' goodwill,
        Bloomberg Business News  -  94 words
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      353 9 30 YEARS OF DEVELOPMENT M ADDHARTECfffMLOGY PRODUCES THE MMBKMICTani Try tfw dose-up Are you ri&it for the J see thinning or** 1 SINGLE HAR SYSTEM? m secret is to act quickly and seek help when you see the first signs of hair loss. Tiy the > the better. mirror test
      353 words
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  • OECD ECONOMIC OUTLOOK
    • Article, Illustration
      Lock icon Dynamic Asian economies will lead global growth: OECD
      701 10 AFP PARIS Dynamic Asian Economies (DAEs) will continue to lead global growth in 1994-95, but face a major uncertainty in China's austerity measures to cool overheating, the Organisation for Economic Cooperation and Development (OECD) said yesterday. The six DAEs Hongkong. South Korea.
      AFP  -  701 words
    • Article
      Lock icon US seen on course for continued recovery
      532 10 AFP PARIS The US appears set for continued investment-led growth of about 3 per cent over the next two years with unemployment declining in 1994 and beyond, according to the OECD. The Organisation for Economic Cooperation and Development said yesterday indications were that
      AFP  -  532 words
    • Article
      Lock icon German recovery expected in second half of '94
      476 10 Reuter FRANKFURT The German economy is still suffering from recession but should recover gradually from the second half of 1994, the Organisation for Economic Cooperation and Development said yesterday. "The main recessionary forces of the last two years rising labour costs, weak
      Reuter  -  476 words
    • Article
      Lock icon OECD cautions China on austerity plan
      328 10 AFP PARIS The OECD warned China yesterday to avoid any "premature" easing of the 16point austerity programme adopted by Beijing last July to cool its overheated economy. In its year-end Economic Outlook, the Organisation for Economic Cooperation and Development (OECD) noted that Chinese economists
      AFP  -  328 words
  • Page 10 Advertisements
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      513 10 S'? "in/ SINGAPORE PRESS HOLDINGS LIMITED (Incorporated in Singapore) NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of the Company will be held at News Centre, 82 Genting Lane, Singapore 1334 on Saturday, January 8, 1994 at 11.30 am for the following business:h ORDINARY BUSINESS I PyNBBBt 1-
      513 words
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      186 10 GIVE YOUR MCE THE EXECUTIVE TREATMENT DiminishedV the kx>k of worry S lines leading to fine V lines Removed the look of I,' flk the onset of Removed- furrowed stress open pores l,n S and blackheads -s* |ipp£ Diminished double chin' took L__ The look of style and confidence displayed
      186 words
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      939 11 I am confident IH m 1..C ITAlllt M H The centralisation of all our divisions under one roof will help generate greater synergy. Times House at Kim Seng Road and Times am Industrial Building at Thomson Road will then be freed for development. 111 IbM/ 111 f COMMUNITY PROJECTS I
      939 words
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      688 12 K| Nothing Beats A Bud-15^1 OF The "Quests' star is alive and well with full of Soul Rock 'n' Roll. VERNON CORNELIUS PLUS performs at CONNECTIONS from 9pm to 2am nightly (except Sundays). The Richmond Connection DJs also entertain from Mondays to Sundays, Spm to 2am. Experience good music, good
      688 words
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      256 12 WHERE TO WINE, DINE AND ENTERTAIN Ck ristmas is a i Merry-(jo-RounJ Surprisrs Christmas Eve Chinf.f Set Dinner fnmt $9X++for2 f*r,nHL> Gftlwrfinfl Children*.* Cbritfnuh< Ihy jWHWH Party with Buffet Idinch SU.W^OMf) amity Package: Plaza Hotel $65.00++ (2 adult.* 2 children) !&•<•«■»*«<*«■ <imw q Let Us Make Your Wedding Memorable ffficVp
      256 words
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      Page 12 Advertisements Column 3
      461 12 Delectable Yong Doa Fa Battel at Chatterbox every Saturday and Sunday. 12.30 pai to 5 pai $14.50 per pcrsoa M.so++ per child (below 10 yra) Mezzanne Saaiptnoas Coaliaeatal k Local Afteraooa Tea spread al Mexxaaiae Loaage. Daily. 2 pai to i pai $16.00 per peraoa $10.00++ per ckild (below 10
      461 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Doyle's screenplays in the spotlight
      771 13  -  Novelist Roddy Doyle has turned to filmmaking and is enjoying it. John Rockwell reports John Rockwell NYT FOR A man on the verge of being about as famous as serious contemporary authors can be, Roddy Doyle, 35. is acting pretty gun-shy. He grants interviews guardedly
      NYT  -  771 words
    • Article
      Lock icon Li Ka-shing's home broken into
      337 13 CHATTERBOX Reuter A BURGLAR armed with a gun and knife spent three hours apparently prowling around inside Hongkong billionaire Li Ka-shing's home yesterday morning. The man broke into Li's luxury villa about 3am and threatened three household servants with his weapons, police said. One of
      Reuter  -  337 words
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      212 13 CHRISTMAS NIGHT MENU (By Reservations Only) Vol Av Vent (Pastry salted puff shells) with Mushrooms Parma Ham and Melon "Capnoctosa" n stuffed tomatoes Lamb stuffed Raviolis m Butter and Sage-sauce *Aosta Valet style Lasagnas Spaghettis with Rock Lobsters sauce Roast Turkey Roast Potatoes Fish Filet with CHrves Butter Sauce Carrots
      212 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1309 13 TV St RADIO I The Beatles: Red And Blue, 12.20pm, SBC 5 The Fab Four may be no more, but their music lives on in digital reproduction. Catch V|Rr> the sounds of The Fool On The t 4 IK yWBKi *'<* i //<■//(» Goodbye and Help. v A ISA Then
      1,309 words
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  • SPORTS
    • Article, Illustration
      Lock icon Mize mesmerises field at Tryall Club
      703 14 Coir NYT MONTEGO BAY, Jamaica Larry Mize has never been regarded as a dominating player. He has never been considered to be the type of golfer who can grab a tournament by the throat and strangle it, discard the remnants of the field and
      NYT; All Sport  -  703 words
    • Article, Illustration
      Lock icon Seles nervous about returning to tennis
      376 14 AP NEW YORK Fear and uncertainty envelope Monica Seles as her return to tennis nears. Seles, who has not played competitively since being stabbed in the back during a match at Hamburg, Germany, in April, might launch her comeback next month at the Australian
      AP  -  376 words
    • SIDE LINES
      • Article
        Lock icon Chavez breaks Joe Louis' record
        184 14 AP PUEBLA, Mexico Julio Cesar Chavez has broken a tie with Joe Louis with his 27th unbeaten title fight. The 31-year-old Chavez beat Britain's Andy Holligzm on Saturday night to retain his World Boxing Council super lightweight championship. Although undefeated in 27 title fights, the
        AP  -  184 words
      • Article
        Lock icon Lendl to replace injured McEnroe
        168 14 AFP PERTH, Australia John McEnroe has been forced out of the Hopman Cup with an injury and has helped organisers in getting Ivan Lendj as his replacement for the mixed teams tennis tournament starting here on New Year's Eve. Organiser Paul McNamee said yesterday that
        AFP  -  168 words
      • Article
        Lock icon Cruyff rules out World Cup job
        117 14 Reuter AMSTERDAM Barcelona coach Johan Cruyff appeared on Sunday to rule out the possibility of a last-minute deal which would put him in chaise of the Dutch national team for the World Cup finals in the US next year. Cruyff, speaking at a news
        Reuter  -  117 words
      • Article
        Lock icon Hayden forced to withdraw
        124 14 AFP BRISBANE, Australia Prolific scoring opener Matthew Hayden's hopes of breaking into the Australian cricket team have been set back by his enforced withdrawal here yesterday from the four-day match against South Africa. The 22-year-old opener, with a season batting average of above 100, pulled out
        AFP  -  124 words
    • Article, Illustration
      Lock icon Germany big winner, Italy in tough group
      766 15 World Cup draw AFP, AP, Reuter LAS VEGAS Germany was a big winner in Sunday's World Cup draw while Italy wound up in the toughest group. Germany, the defending champion, will play Bolivia, Spain and South Korea in Group C during the first
      AFP,; AP,; Reuter  -  766 words
    • Article
      Lock icon Soccer junkie files his flight plan
      941 15  -  By George Vecsey NYT LAS VEGAS, Nevada Already, my heart is broken. I cannot do it all. The World Cup draw has been official for only a few hours, but already I'm in a high state of anxiety. I want to be here. I
      NYT  -  941 words
    • Article, Illustration
      Lock icon Davis' touchdowns put Buffaloes ahead
      517 15 AFP MIAMI Kenneth Davis scored three touchdowns and Buffalo won this season's highest scoring game, beating Miami 47-34 to pull ahead of the Dolphins in the AFC East. The Bills (10-4) had touchdowns off turnovers by Mickey Washington and Nate Odomes in delivering a third
      AFP  -  517 words
    • SCORE CARD
      • Article, Illustration
        Lock icon American Football
        319 15 AP NEW YORK NFL Sunday: Cincinnati 15 LA Rams 3; Cleveland 17 New England 20; Green Bay 17 Minnesota 21; Miami 34 Buffalo 47; Pittsburgh 17 Houston 26; Washington 30 Atlanta 17; Detroit 17 San Francisco 55; Kansas City 28 San Diego 24; LA Raiders 27 Tampa Bay
        AP  -  319 words
      • Article, Illustration
        Lock icon Basketball
        20 15 Reuter NEW YORK NBA Sunday: Cleveland 122 LA Lakers 92; Sacramento 91 Orlando 97; Portland 93 Milwaukee 81. Reuter
        Reuter  -  20 words
      • Article, Illustration
        Lock icon Golf
        134 15 AFP MONTEGO BAY, Jamaica US$2.7 million World Championships final scores Sunday: 266 Larry Mize (US) 67-66-68-65 276 Fred Couples (US) 71-69-72-64 277 Bernhard Langer (Ger) 71-68-69-69 278 Colin Montgomerie (Scot) 71-68-69-69 279 Curtis Strange (US) 73-68-72-66 281 Brad Faxon (US) 69-69-71-72, Nick Faldo (GB) 70-72-69-70 282 Vijay Singh (Fiji)
        AFP  -  134 words
      • Article, Illustration
        Lock icon Ice hockey
        52 15 Reuter NEW YORK NHL Sunday: Quebec 7 San Jose 5; Vancouver I Dallas 3; Florida I Boston 2 (OT); Buffalo 3 Tampa Bay 3 (OT); New Jersey 4 Philadelphia 2; NY Rangers 6 Ottawa 3; Pittsburgh 3 NY Islanders 6; Edmonton I St Louis 4; Chicago 2 Anaheim
        Reuter  -  52 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      38 14 TO WARSAW (POLAND) AND EUROPE EVERY TUESDAY AND SATURDAY, ON BOEING 767 CHANGI AIRPORT TERMINAL 1 For reservation information, call LOT GSA: SIN POL TRAVEL SERVICE PTE LTD Tel: 221 0116, Fax: 223 8639, or your travel agent.
      38 words
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      Page 14 Advertisements Column 2
      1032 14 BLJSINIZSS TIMES TOL L-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 M THE MATTER OF THE COMPAMES ACT. CHAPTER 50 ANO M THE MATTER OF FAR EAST TURBOORKJJNG CO PTE LTD (M MEMBERS' VOLUNTARY UOUDATION) NOTICE OF FMAL MEETMG NOTICE IS HEREBY GIVEN pursuant to Secfcon 306(1) of me Compares Act. Cap 50
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      Page 14 Advertisements Column 3
      250 14 aa# nowco Drama pt* lt» 1 At aa Extraor#iaary Oeacral Mectiag ol the Members of the ad MM at to* #02-57 A TJ*! fotlcwiaf Rcaotaboae tut u—Jap vola atari! y as# tkat Mrnn Rolud llak Kah Eag aa# Ml Chaa b*| Yhea, Mic Aocaaatoato. Siagapore, both of SI Aaaoa load.
      250 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      344 15 The three wise men of old gave frankincense, myrrh and gold. far-West gives you PRGR&PERIH chliS? Pan-West serves you golf all-round ond, true to form, we offer you our Infest Graphite Irons or 522 HRD Graphite Irons) plus a PRGR or Intest Christmas gift: Full sets of PRGR irons with
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  • PROPERTY & CONSTRUCTION
    • Article
      Ashley Green bungalow put up for resale — at $7m
      352 16 Ashley Green bungalow put up for resale at $7m AN Ashley Green bungalow being developed by DBS Land has been put up for resale at $7 million barely two months after it has been purchased at a launch price of $6.3 million. It is not known why the owner has
      352 words
    • Article
      PROPERTY WATCH
      238 16 JonesLang nUn,, ivtwooaun Selected maritet transactions in tie past weak Dec 12,1993 0612 PakW^tApt 1894 I SSLH 600,000 359 Dec 15.1998 0923 Patoraon Tower Apt 2659 FH 810,000 305 Dec 16,1993 0923 BeleVue Apt 2303 FH 1,100,000 478 Dec 12,1993 0923 YongAnPak 1 Apt 3229 FH 1,480,000 456
      238 words
    • Article, Illustration
      Four Seas' conservation project
      495 16  -  A J Leow checks out a plan to refurbish pre-war shophouses in Tessensohn Road A J Leow LOCAL construction firm cum developer Four Seas Construction is venturing into conservation with a shophouse project near the Civil Service Club in Tessensohn Road. The project covers a row
      495 words
    • Article, Illustration
      Wealth of retail investments in JB
      630 17  -  Shops offer the best returns for the investor dollar in Johor. Abdul Hadhi reports Abdul Hadhi AS trade links between Johor Baru and Singapore strengthen, retail space in the Malaysian city is likely to become a hot item for investment, says Rahim Co Research
      630 words
    • Article, Illustration
      French Accor group in Vietnamese hotel ventures
      231 17  -  By Harish Mehta FRANCE'S Accor hotel group has begun building a US$35 million (5555.72 million) extension to the Hotel Sofitel Metropole in Hanoi, and also signed joint ventures to develop three new hotels in Vietnam. Sofitel Metropole general manager Ricardo Perran said Accor
      231 words
    • Article
      Lock icon FACB unit investing M$72m in condo project
      308 17 Bernama Kuala lumpur Arosa Development Sdn Bhd, a whollyowned subsidiary of FACB Bhd, has invested Ms 72 million (Ss4s million) to build Tiara Duta condominiums, FACB executive director (property) Yee la Howe said in Kuala Lumpur yesterday. The 496 low-rise, five-sto-rey condominium project
      Bernama  -  308 words
    • REGIONAL SKYLINE
      • Article
        Lock icon Westpac sells Perth property
        76 17 Financial Review SYDNEY Australian bank group Westpac has sold the Capital Centre in Perth to a consortium of Singapore and Hongkongbased investors for just over As 23 million (5524.7 million). Property agents described it as a "benchmark" deal for the city's central business district. The building,
        Financial Review  -  76 words
      • Article, Illustration
        Return of the luxury condo
        67 17 BANGKOK High-priced residential projects are expected to make a return to the real estate market next year after relatively few launches in recent years, according to Bangkok Post. There is still a large surplus of luxury condominiums in central Bangkok such as the Sukhumvit corridor.
        67 words
      • Article
        Lock icon Auction via satellite
        68 17 Financial Review SYDNEY Singaporean investors paid A 52.9 million for an office block and A 5825.000 for a service station in Perth last week during a Jones Lang Wootton auction which was beamed to Singapore by satellite. In all, more than As 4 million changed hands at
        Financial Review  -  68 words
      • Article
        Lock icon High rent = high occupancy
        95 17 High rent high occupancy Financial Review SYDNEY Auckland, Melbourne and Sydney CBD office rents are among the cheapest in the Asia-Pacific region, according to a Colliers Jardine survey. In contrast, Tokyo was the most expensive rental city, followed by Hongkong. The cities with the highest rents also have the highest
        Financial Review  -  95 words
      • Article
        Launch of Thailand's UM Tower soon
        95 17 BANGKOK The economic recovery couplcd with an expected upturn in the property sector has induced UM Tower to start its sales launch soon, says the commercial property's general manager Borvornej Sukprascrt. "Though it is true the Bangkok office market is still facing an oversupply
        95 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      79 16 EL II LI Catch a sneak preview of the all-new elite Executive car at N^lNccncD Starsauto. Miss it and you'll miss a major acquisition. Special T O rvriTP I I Prelaunch prices only until 3 Jan 94. Aerodynamic Drag EVERY Double Overhead CAM Multi-point fuel injection FYFriITIVF I I T
      79 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      68 17 43 SIXTH AVENUE SINGAPORE 1027 Residential Development Site 7g/ 5 S?/ n 1 //Wis«/*67 Total Site Area 4,797 sq. m. (51,633 sq. m.) approx. FREEHOLD. Lots 1336 24 273. MK 4 Provisional permission obtained for a proposed low-rise Condominium Housing Development Subject to Existing Tenancy. Closing Date: 12th January 1994
      68 words
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      Page 17 Advertisements Column 2
      227 17 VISITING PROFESSOR SAYS: yBSBK ••success rah REMARKABLY mat a w«, MARS IM On his recent U fact-finding visit ■MvMnMliMv flft to Asia, top nutritionist Professor D.J. Naismith from the University of London, recorded some very complimentary remarks about Marie France. Here is an excerpt from the professor's findings: "I was
      227 words
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  • Article
    COE prices will come down
    549 18 EDITORIAL ELSEWHERE in the world, the number of new cars registered each month gives an idea of how the economy is faring. In Singapore, it is prices of COEs certificates of entitlement to buy a new car rather than vehicle registrations that offer clues to
    549 words
  • WHAT THE OTHERS SAY
    • Article
      Ulster's war without end?
      166 18 SEEMINGLY conflicting statements made recently by Britain's Prime Minister John Major and Ireland's Prime Minister Albert Reynolds raise all manner of possibilities about the political future of Northern Ireland. But the obvious one of reunion with the consent of Ulster Protestants might prove to be so
      166 words
    • Article
      Tackle the HK problem wisely
      129 18 THE BREAKDOWN in the constitutional talks between Britain and China and the return of confrontation can be a sad tragedy for Hongkong. Deciding the future of Hongkong is understandably difficult and complex. On one hand, Britain keeps insisting on reforming the political system in the
      129 words
    • Article
      Protect the consumer
      121 18 THE SOCIAL MISSION that NTUC Fair Price must now undertake will become more important with the implementation of the Goods and Services Tax (GST). In fact, the greatest fears of Singaporeans towards GST do not lie in the tax itself. Rather, they concern whether its implementation will
      121 words
    • Article
      A tortuous path to peace
      91 18 A RECENT Associated Press poll of editors worldwide voted the accord between Yitzhak Rabin and Yasser Arafat as the top news story of 1993. But even before memories had faded of the historic handshake in Washington on Sep 13, there were fears that the two
      91 words
    • Article
      Slow progress in the JLG
      113 18 IT WOULD BE pleasant to be able to report that China's agreement at the last Joint Liaison Group (JLG) meeting to allow Hongkong to proceed with the first stage of the localisation of civil aviation legislation signalled a new sense of urgency and cooperation. The
      113 words
    • Article
      A healthier global economy
      138 18 AFTER NEGOTIATING for more than 86 months, the 17 member countries of Gatt finally came to their senses, agreeing to broaden and strengthen their commitment to free, open multilateral trade. It is naturally impossible for such a deal that involves many participants to satisfy all countries.
      138 words
  • Article, Illustration
    Lock icon Shinawatra soars — right out of this world
    1127 18  - Shinawatra soars right out of this world With its launch of Thailand's first telecommunications satellite, the Shinawatra Group has become an even bigger regional powerhouse. Lee Miller reports Lee Miller Bloomberg Business News THAILAND'S high-tech entrepreneur Thaksin Shinawatra has travelled light years from his former life as a cop in
    Bloomberg Business News  -  1,127 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      29 18 4pfe mr DOLLARS SENSE You don't have to be an Einstein to get relatively good returns. Personal Finance Investment. Every Saturday. SINGAPORE r i Business Times wt mem ASM
      29 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      101 18 (-OfY\P RLOP\V (THPiT LJINDOLO ST/WS SMtH" look FVT L TTHOSC A etPcjro THP\T \VJNTIL NEXT spring J VrHRiSTroRS r fj= —\I *MOCUTCOMWV*n««ITO,IM*-IMI T 1 9017 A DOONESBURY GARRY TRUDEAU SIR, XXTRSGOIN6TDHAVETO SfZAKTOTHB FACUUY AGAN I JORMD6R I CAN THAT SB 7 1 MESj /7/) ABan6RAPemATm6miwsß I tsevßNße- AF&rrmxe I Ifj
      101 words
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  • ANALYSIS
    • Article
      The Geneva accord may be trade multilateralism's last hurrah
      1593 19  -  Leon Hadar explains why, despite the Uruguay Round agreement, economic nationalism and regionalism seem to be the wave of the future Leon Hadar The writer is BT's Washington Correspondent THE conventional wisdom following the Gulf War was that Desert Storm had
      1,593 words
    • Article, Illustration
      Will the Viet bourse set the Saigon River on fire?
      1140 19  -  Vietnam's first stock market is scheduled to begin operations by the end of next year. Harish Mehta assesses the prospects of its success and examines the regulations of what will be the first bourse in Indochina. Harish Mehta U-m Mgr
      1,140 words
    • Article
      The rules of the game in Vietnam
      657 19 FOREIGN stockbroking houses will be allowed to buy seats on the Vietnamese stock exchange about a year after it starts operating at the end of next year. Some foreign stockbrokers are keen to buy seats on the stock exchange. which is also known
      657 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      95 19 Ps S X T An intelligent 25-storey office tower to be augmented later with two 8-storey industrial blocks. With all the amenities and facilities that only a state-of-the-art complex can have. And nestled in a favourable location that offers easy accessibility to enhance business communications. For more details on how
      95 words
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  • Article
    Lock icon Zhu Rongji back in limelight, admits inflation a problem
    437 20 Reuter BEIJING China's economics supremo Zhu Rongji swept back into the public eye yesterday. saying inflation was still a problem but promising that Beijing would not allow the price of grain to run wild. Mr Zhu, vice-premier and head of the
    Reuter  -  437 words
  • Article, Illustration
    Lock icon UN Security Council to have new members before 1995: Boutros-Ghali
    477 20  -  From Anthony Rowley in TOKYO UNITED NATIONS secre-tary-general Boutros BoutrosGhali hinted strongly that the UN's five-member permanent Security Council might be expanded "before 1995". He was speaking to foreign correspondents here before leaving on his planned visit to North and
    Reuter  -  477 words
  • Article
    Lock icon Yeltsin gets constitution, but nationalists leading in parliamentary election
    240 20 Bloomberg Business News, Reuter MOSCOW Official returns of this month's referendum show Russian voters accepting President Boris Yeltsin's new constitution, but a low turnout hurt reform parties. The government is already listening to the voters' message with Prime Minister Victor Chernomyrdin
    Bloomberg Business News,; Reuter  -  240 words
  • Article
    Lock icon US set to regain lead in car manufacture after 13 years
    220 20 Reuter. AFP DETROIT The US will regain the number one position in the world automobile producers' table in 1994. overtaking Japan for the first time in 13 years. Automotive News said yesterday. The Detroit trade journal reported yesterday that
    Reuter.; AFP  -  220 words
  • Article
    Lock icon China awards first Tarim Basin deal to Esso, Sumitomo
    334 20 Reuter, AFP BEIJING China yesterday signed the first contract allowing foreign oil companies to explore its vast but forbidding Tarim Basin in the far northwest, Xinhua news agency said. The China National Petroleum and Natural Gas Corp signed the contract the
    Reuter,; AFP  -  334 words
  • Article
    Lock icon Armed burglar finds nothing to steal in Li Ka-shing's villa
    171 20 Reuter HONGKONG A burglar armed with a gun and knife spent three hours apparently prowling around inside Hongkong billionaire Li Ka-shing's home in the early hours of yesterday morning but failed to find anything to steal. The man broke into
    Reuter  -  171 words
  • Article
    Lock icon EC probes dumping of Asian microwave ovens
    162 20 AFP BRUSSELS The European Community has started an antidumping probe against imports of microwave ovens from China, Hongkong, Taiwan, South Korea. Thailand and Malaysia, the European Commission said here yesterday. A spokesman for the ECs executive, quoting European industry figurqp, said the imported
    AFP  -  162 words
  • Article
    Lock icon China to weed out abnormal babies through abortions, sterilisations
    277 20 Reuter BEIJING China will use abortions and sterilisations "to avoid new births of inferior quality and heighten the standards of the whole population" under a new law submitted to parliament, the Xinhua news agency said yesterday. Officials presenting a Draft Law
    Reuter  -  277 words
  • Article, Illustration
    No Russian will take Zhirinovsky's plan seriously
    828 20  -  The Bottom Line MIKHAIL GORBACHEV MIKHAIL GORBACHEV The writer is the former Soviet president. New Perspectives Quarterly. Distributed by Los Angeles Times Syndicate. IN ORDER TO justify their failure in the polls, some pro-reform politicians in Russia today allege that Russians do not
    828 words
  • Page 20 Advertisements
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  • COMPANIES & MARKETS
    • Article
      APB targets China in major foreign investment plan
      495 21  -  By Lee Han Shih SINGAPORE Listed Asia Pacific Breweries (APB) has speeded up its expansion out of Singapore and now expects to invest $600 million to $700 million in foreign projects in the next five years. Most of the investments are likely
      495 words
    • Article, Illustration
      Condo expected to help double Centrepoint profit
      406 21  -  By Sylvia Wong SINGAPORE Centrepoint Properties should more than double earnings this financial year, thanks to the proceeds from its first condominium project, The Anchorage at Alexandra Road. Executive director Gerry Darwin said yesterday that the group would book in about 30 per
      406 words
    • Article
      Sincere Watch's profit rises 78pc to $1.5m
      288 21 SINGAPORE Sincere Watch has lifted after-tax ?oup profit by 77.7 per cent to 1.51 million for the six months to Sep 30. An extraordinary gain of $835,000 from the sale of residential property at Oriole Crescent boosted profit attributable to shareholders to $2.3
      288 words
    • Article
      Compact Metal places out 6m shares at $2.18 each
      308 21 SINGAPORE Compact Metal Industries has placed out six million new 10-cent shares at $2.18 each to finance its ventures. In an announcement yesterday, the Sesdaq-listed company said the issue, placed out through Overseas Union Bank, represented about 10 per cent of
      308 words
    • Article
      Don't rule out Asian airline stocks
      694 21  -  HOCK LOCK SIEW By Dexter Lee SINGAPORE The debilitating effects of recession in the developed economies, overcapacity and cut-throat competition have caught up with Asian airlines. But the medium-term outlook is still good. Singapore Airlines, Malaysia Airlines (MAS) and Cathay Pacific Airways recently reported
      694 words
    • Article, Illustration
      Lock icon Advance Synergy in Papua New Guinea venture
      350 21  -  By Shiv Taneja SINGAPORE Kuala Lum-pur-based Advance Synergy has announced a preliminary joint venture to clear 500,000 hectares of forest in Papua New Guinea and replant it with crops. The deal, involving local landowners and Malaysian investment holding company Centurich Enterprise, involves land
      Source: Bloomberg  -  350 words
    • Article, Illustration
      Lock icon SUMMARY
      289 21 Source: Bridge Info Performance of STII's Index stocks Dec 20 Lart See* Ia4ex Stack Ml* Chfc factor atom i (T) Avimo 2.030 -0.110 1.31 57.89 CAC 8 500 0.400 5.4«-210.53 CWT 3.120 -0.040 2.01 21.05 Cerebos 7.500 4.13 FAN 17 800 11.47 Gen Mag 1.100 -0 020 0.71 10.53
      Source: Bridge Info  -  289 words
    • Article
      Econ's earnings up 14pc, turnover doubles
      315 21 SINGAPORE In its first half-year results since its mainboard listing, Econ International reported a doubling of turnover and a 14.5 per cent rise in net earnings to $4.4 million. The group's profit forecast of $6.5 million for the year to March 31, 1994, made
      315 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          ER is Quantum's master distributor
          57 22 SINGAPORE Electronic Resources has signed a master distribution deal with United States-based computer disk drive maker Quantum. As Quantum's master distributor in Asean, ER will provide first-level technical and marketing support to Quantum equipment. It will also develop Quantum's regional distribution channels. Quantum's former Asean
          57 words
        • Article
          Inno-Pac repays $35m debt
          50 22 SINGAPORE Inno-Pacific Holdings has repaid all of its $35.1 million debt with interest. The company has also acquired, for $42.1 million, the 11.7 per cent stake it did not own in Intercontinental Forest Products. The moves were financed with money raised from Inno-Pac's recent rights issue.
          50 words
        • Article
          Lock icon AMDB's profits up 33pc to M$12.7m
          46 22 Bernama KUALA LUMPUR Arab-Malaysian Development Bhd has lifted group pre-tax profit 32.7 per cent to M$ 12.79 million (557.9 million) for the year to Sep 30. Group turnover increased to M 5215.8 million from M$ 147.6 million last year. Bemama
          Bernama  -  46 words
        • Article
          Lock icon Shangri-La unit to buy into three firms
          82 22 Bernama KUALA LUMPUR Shangri-La Hotels Malaysia says its whol-ly-owned subsidiary Madarac Corp will subscribe for new ordinary shares in three companies incorporated in Western Samoa. Madarac will take a 20 per cent stake in Kerry Jilin (Changchun), a 20 per cent stake in
          Bernama  -  82 words
        • Article
          Lock icon Khong Guan buys into two companies
          50 22 Bernama KUALA LUMPUR Khong. Guan Holdings Bhd has signed agreements to acquire 50 per cent stakes in two Malaysian companies. It will acquire 2.5 million shares in Bornion Timber for Msss million and one million shares in Excella Wood Industries for Ms2o million. Bernama
          Bernama  -  50 words
        • Article
          Lock icon DBS Land venture to raise HK$285m
          82 22 Reuter HONGKONG A joint venture company set up by China Overseas Land and Investment, the Sino Group and DBS Land is borrowing HKS2BS million (5558.7 million) to develop detached houses in Shatin, China. The joint venture. Perfect Paradise International, is raising the money through
          Reuter  -  82 words
        • Article
          Lock icon Indonesia's Bimantara to list TV unit
          36 22 Reuter JAKARTA The Bimantara group plans to list its PT Rajawali Citra Televisi Indonesia arm next year. RCTI, the first private TV channel in Indonesia, was launched in 1989. Reuter
          Reuter  -  36 words
      • Article, Illustration
        Lock icon Long Distance connection
        39 22 Reuter MANILA Philippine stock brokers gesturing wildly yesterday in frenzied trading as stocks climbed by more than 100 points after market leader Philippine Long Distance Telephone Co reached a high in trading on Wall Street. Renter
        Reuter  -  39 words
      • Article
        Lock icon HK warrants make it easier for US investors to grab the Asian tiger's tail
        592 22 MARKET WATCH FT LONDON Grabbing the tail of the Asian tiger that is the Hongkong stock market has been easier for investors since when the American Stock Ex- change began listing a series of institution-t-'ally-issued warrants
        FT  -  592 words
      • Article
        Lock icon Sime Darby announces revised terms for Consplant mercer
        278 22 Reuter KUALA LUMPUR Malaysian conglomerate Sime Darby Bhd has announced revised terms for its proposed merger with Consolidated Plantations Bhd (Consplant) which would result in a complete absorption of Consplant into Sime. The exercise will now be effected via a share swop
        Reuter  -  278 words
      • Article
        Lock icon Kamunting's interim profit doubles
        203 22 Bernama KUALA LUMPUR Kamunting Corporation Bhd's group pre-tax profit rose 96 per cent to M 538.95 million (5524.3 million) for the half year ended Sep 30, from M$ 19.88 million previously. Group turnover increased by 42 per cent to M 575.95 million while investment and other
        Bernama  -  203 words
      • Article
        Lock icon Ekran plans nine more budget hotels in M'sia
        264 22 Bernama KUALA LUMPUR Ekran Bhd, the construction and cable manufacturing group, plans to invest about MS7OO million (***** million) to build lowbudget hotels in all the Malaysian states by 1996. Executive chairman Ting Pek Khiing said the group would operate an additional
        Bernama  -  264 words
      • Article
        Lock icon UEM enters venture with Uzbek govt company
        211 22 Bernama KUALA LUMPUR United Engineers (Malaysia) Bhd has entered into a joint-venture agreement with the State and Joint Building Corporation of Tashkentstroy (SBCT). SBCT is a corporation of the Republic of Uzbekistan which is owned and controlled by the Government of Uzbekistan. SBCT
        Bernama  -  211 words
      • Article
        Lock icon Malaysia Smelting official declines comment on talk of share float
        293 22 Knight-Ridder KUALA LUMPUR A company official has declined to comment on speculation that Malaysia Smelting Corp plans to float part of its equity on the Kuala Lumpur Stock Exchange in the first half of 1994. "If there's any basis to
        Knight-Ridder  -  293 words
      • Article
        UNIT TRUSTS & FUNDS
        510 22 UNIT TRUSTS FUNDS Milium' $rkm Dec 21 Umt»nd 107 109) Thmpm Unit Tract United Gr Fund! 1 66 1.71 United Asia Fund 1 95 2.03* The C ommerce 1.77 1.86 NTIIC tncMM The Savings Fund S pore Prog Fund 16} 0.7 J 1.7 J 0.77 Income Bond Policy 4)6 4.72
        510 words
      • Article
        Ouster of Goodman Fielder MD won't affect S'pore unit
        372 22  -  By Sylvia Wong SINGAPORE The ousting of Goodman Fielder managing director Michael Nugent will not affect the operation of the group's Singapore subsidiary, company officials say. The Singapore-based chief executive of Goodman Fielder Asia, Ken Boundy, says Mr Nugent's seat on
        372 words
      • Article
        New GF head is veteran of 17 years
        239 22 SINGAPORE The new managing director of Australian food giant Goodman Fielder probably has a better knowledge of the business than anyone else, sources say. Barry Weir, a 17-year company veteran, was based until last week in Holland, where he headed GPs European
        239 words
      • Article
        Lock icon KLSE takes Larut to task over late results
        101 22 Reuter KUALA LUMPUR The Kuala Lumpur Stock Exchange has publicly reprimanded Larut Consolidated Bhd for the delay in announcing its financial year-end results. KLSE chairman Nik Mohamed Din said in a statement yesterday that according to the Larut directors' report, the accounts
        Reuter  -  101 words
      • Article
        Lock icon Nokia wins digital network order from S'pore Telecom's Philippine tie-up
        261 22 AFP MANILA Nokia Telecommunications of Finland yesterday won a US$3O million (5547.7 million) digital cellular network order from Globe Telecom, a firm controlled by Singapore Telecom International and the Philippines' Ayala Group, it was announced yesterday. Globe Telecom, a publiclylisted
        AFP  -  261 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Sitico taps S'pore market for US$70m debt issue
        266 24  -  By Paul Leo SINGAPORE Shanghai International Trust Investment Corporation (Sitico) has chosen Singapore for its first •international debt issue in Asia outside Japan. Sitico president Bao Youde signed an agreement fof the issue of US$7O million CSS 112 million) worth of floating
        266 words
      • Article, Illustration
        China's People's Construction Bank opens S'pore office
        176 24  -  By Soh Tiang Keng SINGAPORE The People's Construction Bank of China opened a representative office here yesterday and already plans to upgrade it to offshore branch status within six months. The bank decided to set up in Singapore because of close economic ties
        176 words
      • Article
        Insurance firm Nelson Hurst listed on London exchange
        179 24 .SINGAPORE One of the fastest-growing insurance firms in the Asia-Pacific region, Brit-ain-based Nelson Hurst Insurance Brokers, has been listed on the London Stock Exchange. Shares in the company, which has 12 offices in the region including Singapore, Malaysia, Thailand, Indonesia, y Hongkong,
        179 words
      • Article
        Lock icon Smallest Thai bank denies share split
        204 24 Bloomberg Business News BANGKOK Officials of Laem Thong Bank, Thailand's smallest commercial bank, yesterday denied reports of a 1-for-10 share split in a report to the Stock Exchange of Thailand. Shares of Laem Thong plunged 52 baht to 644 at the midday intermission on
        Bloomberg Business News  -  204 words
      • SMALL CHANGE
        • Article
          Lock icon Japanese sell more non-performing loans
          92 24 Bloomberg Business News TOKYO Major Japanese commercial banks and long-term credit banks sold non-performing loans worth more than 70 billion yen (S$ 1.02 billion) to US and European companies in 1993, compared with 30 billion yen in 1992, the Nikkei newspaper said, citing unnamed "international
          Bloomberg Business News  -  92 words
        • Article
          Lock icon Maybank cuts base rate to 7.8pc
          133 24 Bloomberg Business News KUALA LUMPUR Malayan Banking Bhd has cut its base leading rate (BLR) to 7.8 per cent from 7.95 per cent, effective yesterday. This marks the eighth time this year that Malaysia's largest bank has lowered the key interest rate. Maybank last
          Bloomberg Business News  -  133 words
        • Article
          Lock icon GF floats 1b baht bond
          99 24 Reuter BANGKOK General Finance and Securities pic said it has floated one billion baht (5562.5 million) of warrant-attached subordinate bonds carrying a 3.75 per cent annual coupon payable semi-annually. The finance and brokerage firm said the 61-month bond, fully subscribed by Thai and foreign investors,
          Reuter  -  99 words
      • Article
        Lock icon Western Harbour Tunnel consortium signs HK$5.2b loan
        254 24 Bloomberg Business News HONGKONG The company that will build the Western Harbour Tunnel, one of 10 construction projects in Hongkong's HKS2I billion airport project, yesterday signed a HK.55.2 billion (551.07 billion) loan agreement with a group of 22 banks. The Western Harbour Tunnel
        Bloomberg Business News  -  254 words
      • Article
        Lock icon New coffee panel ready to work with consumers, says Indonesia
        288 24 Knight-Ridder JAKARTA Indonesian coffee producers said the newlyformed Association of Coffee Producing Countries (ACPC) was ready to work with consumers, according to the Antara news agency. "We have taken into account the possibility of consumer countries establishing a rival association
        Knight-Ridder  -  288 words
      • Article
        Lock icon Western oil firms close deal with Kazakhstan
        184 24 Reuter ALMA-ATA, Kazakhstan Western oil company executives yesterday donned traditional chapan cloaks emblazoned with the emblem of their new Caspian Sea consortium as they celebrated a landmark deal with the former Soviet Asian republic of Kazakhstan. The gowns symbolised a warm welcome to
        Reuter  -  184 words
      • Article
        Lock icon Russia expected to remain reliable in platinum supply
        195 24 Reuter MOSCOW Russia will remain a reliable supplier of platinum group metals despite domestic problems including lower output of nickel, a senior official said. Nikolai Menshikov, director of Almazyuvelirexport's Platina unit, told Reuters Russia had met all its contracted obligations for the
        Reuter  -  195 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        139 24 THE USS/yen managed to surpass the 110 yen level on Friday night and to maintain its bullish tone throughout the Far East hours yesterday. USS/SS traders followed the bullishness in the USS/yen and bought US$ from morning trade. S$ purchases from offshore corporates, however, pro-
        139 words
      • Article
        Lock icon London
        189 24 Reuter LONDON The dollar retired to morning levels on the mark and backed off its highest peak for six months on the yen in late European trade yesterday. Dealers said while the market was winding down ahead of the year end. the dollar still had some life left in
        Reuter  -  189 words
      • Article, Illustration
        Untitled
        1521 24 Trade-weighted index calculated against S pare's tap 14 trading partners Base year 1983 US$/S$ forward rates Noon Dec 20 BU Oflkr 1-month 1.5936 1.5951 2-monch 1.5937 1.5952 J-momh 1.5931 1.5953 6-mooth 1.5932 1.5952 Some OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10m m Dm 2* Singapore dollars to
        1,521 words
      • Article
        Lock icon New York
        91 24 AFP NEW YORK The dollar firmed against major currencies here early yesterday in a quiet market. At about 9:30 am (1430 GMT), the dollar was trading at 1.7160 German marks, up from 1.7155 several hours earlier in London and 1.7070 late Friday in New York. The greenback was
        AFP  -  91 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars pare early gains, Euroyen up
        1327 25 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures pared earlier gains yesterday on position adjustments ahead of the Federal Open Market Committee (FOMC) meeting today. Contracts surged higher in thin pre-holiday dealings on the back of bullish US bond prices and technical buying.
        Reuter  -  1,327 words
      • Article
        KL tin rises as demand slows
        639 25 COMMOOfTY REPORTS Tin TIN price on the Kuala Lumpur Tin Market (KLTM) rose four sen to close at MS 12.04 per kg yesterday with the annual slow down in demand coupled with higher global stocks. Brokers said lack of interest was also affected by
        639 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Japan wants to buy Thai 100pc B rice
          108 25 BANGKOK Japan was talking with Thai rice exporters on buying up to 150,000 tonnes of 100per cent B rice for January-February shipment, exporters and traders here said yesterday. The deal was expected to be completed yesterday. Sources said 100 per cent B
          108 words
        • Article
          India oilseed prices seen steady
          149 25 NEW DELHI India's wholesale edible oil prices are likely to remain range-bound for another few weeks, but are likely to turn bearish sometime after mid-January, traders said. The forecast is conditional on satisfactory progress of the standing rapeseed crop called mustard seed here in northern
          149 words
        • Article
          Australian commodity price index up
          93 25 SYDNEY Australian commodity export pnots ended 1993 on a slightly more positive note after a weak year, according to the Commonwealth Batik of Australia's commodity price index report. Prices of aluminium, wheat, sugar and cotton recorded increases over the month, outweighing price fals by oil
          93 words
    • Article
      COMMODITY PRICES
      1603 25 Rubber HAS Cfwodtty Exchaag* (Mam cMa| at at Ipa) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jan 94 000 000 133.00 0 150 Feb 134.50 134.25 134.50 300 4.325 Mar 136.25 136 00 136.00 650 6,925 Apr/Jun 0.00 0 00 138
      1,603 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1320 26 -4.2 SHARES quietly drifted lower yestcrdav as investors disappeared from the market with the onset of the holiday season. The All Ordinaries index closed 4.2 points down at 2.076.0. well oft' its high of 2.086.6 reached in early trade. Brokers said the market was initially inspired b> strong gains
        1,320 words
      • Article
        Manila
        619 26 146.37 Philippine share prices surged 5.5 per cent to close at new all-time highs on the back of a rally led by telephone stock PLDT on Wall Street, brokers said. Philippine Long Distance Telephone hit a new high for the vear bv climbing USS3-5/8 to close at' US$6B-7/8 on
        619 words
      • Article
        Taipei
        592 26 1.88 Taiwan stocks gave up early gains to finish mixed and turnover fell sharply as a consolidation after the recent hull run continued, brokers said. The weighted index rose 76 points at one stage but ended only 1.88 points up at 5.204.02. Turnover shrank to NT567.16 billion from NT574.13
        592 words
      • Article
        Seoul
        425 26 -15.37 After last week's bull run which took the market to a year-high, profit-taking sent stocks plummeting yesterday, with the index ending the day 1.78 per cent lower in thin trade, dealers said. The composite index closed 15.37 points lower at 848.63. with a modest 34.11 million shares changing
        425 words
      • Article
        New Zealand
        299 26 -7.26 Shares started well but ended soft, the market still sagging under the weight of new issues and placements over the last few weeks. Brokers said the market was starting to thin out before Christmas. The NZSE-40 capital index ended 7.26 points down at 2.073.24 on low turnover.
        299 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        775 26 Britannia Funds Sterling Cash Bid Offer M im ap Deposit 1*6400 1*6500 Mim Jerses (iill 0 1*4} 0.1442 Mim Ma* Income ****** ****** LS$ ash Income Plus Fund 10 7100 *****0 PS Reserve Fund 5 2 WO 5 2400 Slerliag Fquils Euro Performance 0 4542 0 441* Far List Fund
        775 words
      • Article
        London
        668 26 +27.8 A LACK of sellers ahead of the Christmas break sent share prices to another all-time record high close as traders scrambled for stock, but some dealers and strategists warned a correction was bound to be imminent. "The market's just gone nuts, but I think it's a little ahead
        668 words
      • Article
        Paris
        106 26 +27.03 French shares ended the session sharply higher in busy volume with some window-dressing from portfolio managers before the year end and a strong car sector, dealers said. The CAC-40 index ended up 27.03, or 1.23 per ccnt. at 2.223.47. Volume was 5.1 billion francs. Paris l)w 20 Kr
        106 words
      • Article
        Stockholm
        156 26 +o.6pc Swedish shares ended the day higher supported by lower debt market yields and strong buying interest in index-heavy Ericsson and Volvo. Ericsson's B jumped 15 crowns to 326 in trade worth 310 million crowns. **In the short-term it is all about charts in Ericsson, but in long-term it
        156 words
      • Article
        Frankfurt
        175 26 +27.14 German shares were expected to continue a rally this week, with further gains supported by firmer bond prices and excess liquidity, dealers said. Prices surged ahead yesterday with Daimler-Benz AG leading the way. The DAX index of 30 leading shares closed the official session at 2.178.16. up 27.14
        175 words
      • Article
        Milan
        141 26 +o.oBpc Shares were little changed after a lacklustre session in which only the Ferruzzi group and its operating subsidiary Montedison sparkled, traders said. The two companies have complicated capital increases scheduled to start today and saw some shortcovering. The Mibtel index finished up 0.08 per cent to 10.615 against
        141 words
      • Article
        Amsterdam
        298 26 +6.97 Dutch stocks closed about 1.8 per cent higher as they rallied on continuing interest rate cuts and a strong dollar, traders said. Investors held on to their shares, offering little for sale. The EOE index of the 24 leading Dutch stocks broke its psychologicallyimportant target level of 400
        298 words
      • Article
        Zurich
        236 26 13.9 Swiss shares closed at a new record high as firm chemicals and other industrial stocks led the market higher, dealers said. Registered shares in Ci- ba-Geigy, 14 Swiss francs up at 858. topped the active list. The SPI firmed 13.90 to a new record closing high of 1.830.48.
        236 words
      • Article
        Toronto
        233 26 4 Stocks gained early yesterday on a shining precious metals sector spurred by a four-month high in gold prices. Despite the early gains, traders said the market remains under pressure from tax-loss selling. The TSE 300 composite index was 4.00 points higher at 4,228.58 in early turnover of 6.58
        233 words
      • Article
        New York
        782 26 1.12 The Dow Jones industrial average, which jumped 25.43 points on Friday, was ahead 1.12 points to 3,752.69 at 11 am EST yesterday. The key barometer was down 6 points shortly alter the market opened. The New York Stock Exchange composite index was ahead 0.07 to 257.86. while
        782 words
      • Article
        Brussels
        144 26 1.86 Belgian shares closed slightly higher despite some posi-tion-squaring on the last day of the current forward market account, the last with settlement this year. Traders expected Belgian shares to rally in the remaining days of the year due to some end-of-year window-dressing. The Bcl-20 index of leading shares
        144 words
      • Article
        Johannesburg
        333 26 +7 Expectations of an uneventful run in to Christmas and the New Year were dispelled by bullion's latest surge to USS39O an ounce as South African shares maintained their recent strong performance. Dealers said trade in local stocks, especially industrials. had been seen almost grinding to a halt this
        333 words
    • Article, Illustration
      Lock icon HONGKONG
      2747 27 Reuter HONGKONG Shares extended their bull run with the blue chip Hang Seng Index soaring 2.33 per cent to finish at another record high. The index ended at 10,814.78, soaring 245.92 points. That was just below its intraday high of 10,824.36 reached earlier. "Sentiment remains very optimistic and I
      Reuter; Source: Bridge Info  -  2,747 words
    • Article, Illustration
      CHINA
      518 27 THE Shanghai A market plunged with the CLSA index ending 71&80 points lower at 4,171.25. on panic selling. Individual investors tried to dump their A shares in order to avoid the coming new personal income tax law which proposes to levy tax on capital gain and dividends. A statement
      518 words
    • Article, Illustration
      Lock icon TOKYO
      2510 27 Reuter TOKYO Stocks closed lower and the Nikkei average fell more than 600 points as rekindled fears over the uncertain political situation and small-lot selling hit prices yesterday, brokers said. A technical correction after recent gains also dragged down share prices. The Nikkei fell 647.67 points, or 3.59 per
      Reuter; Source: Bridge Info  -  2,510 words
    • Article, Illustration
      Lock icon BANGKOK
      1584 27 Reuter BANGKOK Thai shares closed lower as investors sold to cash in profits from recent strong rises of banking, finance and securities shares, brokers said. The SET index lost 17.12 points, or 1.13 per cent, to close at 1,496.71 on active turnover of 23.29 billion baht. It had moved
      Reuter; Source: Bridge Info  -  1,584 words
    • Article, Illustration
      Lock icon JAKARTA
      1103 27 Reuter JAKARTA Share prices closed mixed in quiet trading with market sentiment weaker during the second session, brokers said. The composite index ended at 552.90. down 4.05 points. "Sentiment was weak on a range of stocks later in the day." a local dealer said. Investors were selling just before
      Reuter; Source: Bridge Info  -  1,103 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2557 28 Source: Bridge Info Source: Bridge Info MOT ACTTtt Metropte* 50c 64.626.000 kjmunting 50c 44.350.000 AMDB 50c 32.260.000 Mctrupiex TSR 24.116,000 FACB 50c 20.672.000 Menang Corp 16.222.000 Lien Hoe TSR97 13.494.000 Pep Mua 13.236.000 Promet 12.260.000 IndOxyaen Wt95 11.687.000 Set Drag 50c 10.846.000 Ind Oxygen 50c 10.503.000 Tan Chong
      Source: Bridge Info  -  2,557 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Market takes breather as shares end lower
        5473 28 Bernama KUALA LUMPUR Share prices closed lower as profit-taking emerged in late trading to offset earlier gains, particularly in indexlinked issues. The Emas Index of main board shares shed 2.75 points to 331.03 from last Friday's close and the Composite Index lost 11.45
        Bernama; Source: Bridge Info  -  5,473 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7216 29 I MAW BOARD TraMactkm dale: Dec 20~| Gr Gr 1993 Last Vol Day Last Quote Di» Di. VM N«l M Cam High Low Coapaay SaW (DOO) High Low Bayer Seller Or P/E tail INDUSTRIAL AND COMMERCIAL 1400 260 C Acma 1200 -60 64 1260 1200 1200 1240 12.5 2.1 1.0
        7,216 words
      • Article, Illustration
        Lock icon Market ends lower after touching record high
        1716 30  -  By Paul Leo SINGAPORE The local bourse succumbed to profittaking yesterday after a weeklong rally. The Singapore market barometer, the Straits Times Industrials Index, had appeared to be heading for another record run in the morning as institutional and retail investors continued to
        Source: Bridge Info  -  1,716 words
      • Article, Illustration
        City Developments
        134 30  -  HOT STOCK By Paul Leo CITY DEVELOPMENTS briefly broke resistance at $7.50 yesterday but failed to finish above it. The closing price of $7.40 shows the upmove is running out of steam and a correction is due. The bearish view is supported by a divergence pattern on the
        134 words
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      106 words
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      101 25 TOLL-FREE TEL. No. 1-800-7*l-1883 FAX:74I-1298 TIMBERRINQ MANUFACTURING PTE LTD (In Creditors Voluntary UqukMon) Notice Is HEREBY GIVEN that the Final Maatlng of Creditors and Members of the above named Company wM be held at 12 Eng Hoon Street, Singapore 0316 on 21st January 1994 at 9.30 a.m. tor the purpoeee
      101 words
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      Page 25 Advertisements Column 2
      37 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead IIIMI immm* imSmSßm l llflill ißHilili ft'-"** 1 to place A* <> WW- CJlta. I acting ad. |737-n—|
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      37 29 HOME RENOVATION? We'll break down the walls. PERSONAL ?j i" •••i*' i.. i Standard Chartered FINANCING Call 24 hours a day for shares to buy, coming issues results of your share application. Coat 50 o®nt» p«r minute
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      273 30 THE WINNING EDGE IN-DEPTH BUSINESS mmH *71 or over two decades Singapore Business has covered t the local and regional business scenes with more depth and breadth from a perspective which is more relevant to local businessmen than any other publication. Some may call it an unfair advantage. We at
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      Page 30 Advertisements Column 2
      51 30 Personal Finance and Investment, every Saturday in Executive lifestyle v HHPP' m k :-*V V'■ i -i. -r r Av m/KSBWKWP" Vm j< ■J l\ #<fl Ml a3^ K. Hv m K-H V M I bV^H|^^^H 7 ft Inchcm P c Marketing l/l 9L\ IMIKWNI.MMKM ■5!E55^55? m ee,m,e Tirja Bv
      51 words
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  • Shipping Times
    • Article, Illustration
      SML's move to expand functions of salvage tugs paying off
      327 31  -  By Dexter Lee SINGAPORE Sembawang Maritime's strategy of broadening its income base by making its salvage vessels multi-pur-pose seems to be paying ofF. Industry sources say SML's subsidiary Semco Salvage and Marine recently clinched a contract to salvage a general
      327 words
    • Article
      Lock icon Transroll plans containership order
      565 31 Brazilian line to invest USs4oom in at least five new 3,000 TEU ships American Shipper NEW YORK Transroll is on a roll. The Brazilian carrier, which operates joint services between South America and North Europe and the US, is preparing to order five or six 3,000-TEU
      American Shipper  -  565 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      838 31 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 18 1/2 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 •Bank Line, The 9 5 Barbican Line 4
      838 words
    • Article
      Lock icon UK shipping industry wary of govt support offer
      419 31 Lloyd's List LONDON A surprise package of support measures for UK shipping announced recently by UK Transport Secretary John MacGregor has failed to win the industry's full backing. The measures, revealed in a parliamentary written answer, include simplifying the ship registration process
      Lloyd's List  -  419 words
    • Article, Illustration
      Lock icon Greenpeace against drift nets
      52 31 Reuter PARIS Greenpeace activists hanging a large banner on the facade of the Trocadero to protest against the use of drift nets up to five kilometres in length for commercial fishing in French waters. The demonstrators stretched out a two-lun length of net in the streets
      Reuter  -  52 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        543 32 Vesset Voy No Bcrlh Arrival Departure VesseJ Voy No B«r1h Arrival Departure Jurong Port Batam Spead3 A3093* P01A 21 12/1300 21 12/1500 Batam Sayang 12/06/93 12 atoneHe 21 12/2300 Batam Sp«d3 ****** P01A 21.12/0000 21.12/1000 Dak lestan 023 J1 atone* 21.12/2300 Batam Speed4 ****** P01A 20.12/1900 2012/2300
        543 words
      • Article
        CONTAINER SCHEDULES
        1385 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookie/Balance RsJts Ship Voy No Etb/Btr Period From To From Aa Swn 097A 22/0700 2 20/1700 21/0*59 21/0900 3 21/0700 21/1159 21/1400 Afe Tnumpfi 51A 23/0200 1 20/1500 20/1659 20/1900 2
        1,385 words
    • Article
      THE SHIPPING GUIDE
      10606 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      10,606 words
    • Article
      SHIPPING AGENTS
      3347 45 A X m.BC Coatainerline NV: Belsin Shpg Agencies Pte Ltd (SyManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd Accord Contr Line (PK/PN). J Adkris Bwiaevt Corporation Philippine Caisource Shpg A Trdg Pte Ltd (S) Ahreakiel Liner Service: Kim Shpg A s Trdg (S). Vlbatros Sea-Air
      3,347 words
    • Article
      COURIER SERVICES
      276 45 Abacus Couriers Tel: 545-8011. Fax: 545-1898 Air Express Travel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: 742-8975. City-Liak International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies A Services
      276 words
    • Article
      AIR FORWARDERS
      1456 45 Abex Express Freight Tel 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Td: 542-7821 Fax *****20 Aerolink Freight International TeL 545-8031 Fax: *****05. *^542-5911. Fax: *****18. Air Cargo Novo Express Td: 54M454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74, *****50. Air Market Express
      1,456 words
    • Article
      PORT CONDITIONS
      2474 46 ALBANIA Duress: Three vessels in port of which 1 discharging bagged flour, 2 bulk wheat, 3 vessels in roads of which 1 to discharge bagged flour, 1 bagged clay, 1 bagged cement. ANGOLA Luanda: City normal, port operating normally. No congestion reported. Lobito, Namibe: Conditions normal in both
      2,474 words
    • Article
      AIR FREIGHT SCHEDULE
      562 46 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To today today NCA KZ203 B747F 0145 1 NRT SI A SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 1 SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL6I7 B747F 0345 1 TYO
      562 words
    • Article
      SHIP SALES & TANKER RATES
      1026 46 SHIP SALES TANKER RATES THERE has been more activity this week with a number of significant sales reported and further tonnage said to be working firm. Tankers again lead the way, this time with a couple of diverse VLCC sales, the World Prelude 254,000 dwt and built 1988 being reported
      1,026 words
    • Article
      CRUISE & FERRY SCHEDULES
      486 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dtp Name of Vessel ETA ETD Ports of Calls Port Agent Telephone No DECEMBER 22 22 Song of Rower 0800 1800 Port Klang Sin Kawasaki S'pore 221-8977 Bangkok 22 22 Scaboum Spirit 0600 2300 Kuching Sin Harpers Shpg 221-1388 Penang 22 22 Leisure World
      486 words
    • Article
      DAILY FREIGHTS
      999 47 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1,228 on Friday from 1,229 on Dec 16. Rates remained steady on the major US Gulf to Japan grain route with U5521.75 being paid for one combination port discharge in early January. Cargill covered a Jan
      999 words
    • Article
      TRANSPORT DIARY
      131 47 FIXTURES COURSES Title: Transport Disciple Duration: December Organiser The Chartered Institute of Transport Tel: For more information contact CIT Secretariat at 226-3433 or fax: 226-2477. Title: International Freight Forwarding (SDF 70%) Duration: Jan 20 Apr 7 Organiser: Singapore Freight Forwarders Association Tel: For more information contact SFFA Secretariat
      131 words
    • Article
      COCKETT BUNKER MARKET REPORT
      846 47 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      846 words
    • Article, Illustration
      Lock icon Problems continue to dog Euros flag proposal
      924 48  -  Elizabeth Canna looks at why the EC's ship registry proposal has stalled Elizabeth Canna American Shipper THE European Parliament is trying to light a fire under Euros, the European Community's yet-to-be realised ship registry. On Sep 16, Parliament passed a resolution saying it
      American Shipper  -  924 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        DHL sets up Russian office, expands Mideast operations
        442 50  -  By Juliette Walker SINGAPORE Air freight giant DHL Worldwide Express has opened a wholly owned company in Russia, now that trading laws there have been liberalised. It also plans to set up wholly owned companies early next year in three other former
        442 words
      • Article
        Lock icon A triumph of hope over experience
        766 50 Troubled US airlines are succumbing to employee ownership FT IS the US in the midst of a workers' revolution? You might think so, looking at what is happening to its airlines. One by one, they are succumbing to employee ownership. At the end of
        FT  -  766 words
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        Lock icon KL to review plans for second national airline
        294 50 Bloomberg Business News KUALA LUMPUR Malaysian Helicopter Services Bhd's proposed purchase of a 32 per cent controlling stake in Malaysian Airline System Bhd is prompting a government review of plans for a second national airline, the Malaysian Business Times said. The equity
        Bloomberg Business News  -  294 words
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          Lock icon Upturn for imported car sales in Japan
          95 50 AFP TOKYO Sales of imported cars in Japan this year posted their first annual gain in three years largely due to price mark downs and strenuous marketing efforts, an industry organisation said yesterday. The Japan Automobile Importers Association estimated 1993 sales at 195,000
          AFP  -  95 words
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          Nissan's domestic car output down
          86 50 TOKYO Japan's Nissan Motor Co Ltd yesterday said its domestic car production in November fell 11.8 per cent from a year earlier to 153,300 units, the 17th straight monthly year-on-year decline. Its domestic car sales in November fell 13.6 per cent from a year before
          86 words
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          Lock icon Denway to distribute GM cars in China
          90 50 Bloomberg Business News HONGKONG Denway Investment, a Chinese car manufacturer, will distribute General Motors Cars in China, the company said over the weekend. Champion General International Trading, a wholly owned subsidiary of Denway, will be responsible for distributing GM North-American sourced products and
          Bloomberg Business News  -  90 words
        • Article
          Lock icon US$270m cruise ship for Carnival
          90 50 UPI MIAMI Carnival Corp has agreed with a Finnish shipyard for the construction of a US$27O-million cruise ship for its Carnival Cruise Lines fleet. The yet-to-be-named vessel, to be built by Helsinki-based Kvaemer Masa-Yards, is expected to be delivered in March 1996. The shipyard has
          UPI  -  90 words
        • Article
          Lock icon Thai car, truck sales up 8.6pc
          70 50 Bloomberg Business News BANGKOK Car and truck sales in Thailand rose 8.6 per cent in November compared with the previous month, thereby boosting vehicle sales for the year to more than 400,000 for the first time on record, according to a Toyota monthly industry
          Bloomberg Business News  -  70 words
      • Article
        Lock icon Shanghai Volkswagen top car maker in China
        238 50 AFP BEIJING Shanghai Volkswagen, a Chinese-German joint venture, emerged as China's leading car maker in 1993, accounting for one-third of national output, the China Daily said yesterday. The company, which has produced 100,000 cars this year, topped an October list of 500 large
        AFP  -  238 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1533 50 at, nm ETA FlifM no I i GA893 1655 GA892 0100 GA974 2325 GA984 2340 MaiaMa QF81 1935 QF82 2050 SQ228 2105 Amsterdam SQ25 0635 GA892 0100 KL837 1540 KL844 0535 GA893 1655 SQ320 1100 SQ323 1725 GA974 2325 KL838 2335 SQ26 2355 SQ348 2250 Aaddaad
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        Lock icon MAS speeds up document delivery, baggage transfer
        358 50 MBT KUALA LUMPUR Malaysia Airlines has set up two new units to speed up delivery of express documents and baggage transfer. A one-stop clearance service called Cargo Express Handling was formed to speed up document deliveries for courier companies while a special unit
        MBT  -  358 words
      • Article
        Lock icon Buyout plan expected to benefit UAL
        292 50 NYT NEW YORK As the board of United Airlines' parent company, UAL Corp, mulls over a proposal from its union to gain control of the company, analysts and shareholders have voiced many opinions on the merits of the offer and its impact on UAL.
        NYT  -  292 words
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      24 31 If you want it there? I yesterday, Fly it ustoday*± ;VA Member ASM v GRIFFIN KINETIC *****33 ■■■■■■■■■■■■I Euros flag proposal stalled, Pg 18
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      28 31 DHL sets up Russian office, Back Pg Ums aad Mrvk«t r*pr*»oU4 Mw>>» (f the Registry «f AccrWftsd ['ff/ailV a WlafA far advertising enquiries, contact Shipping Ttnes: Tel 740-2089/740-2090
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      46 31 £/±7M+Rf M R FORWARDING PTE LTD WEEKLY CONSOL TO EUROPE CALL:*****00 in medium t I M, "'y v,.*» —Tk -.-jr" ;rr.---'JrT rr~ <«- -j*? •vj t P° w "V LOOKING DEEPER A probe into current market developments. Hock Lock Siew. Everyday. f Business Times WE KNOB ASA
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      360 32 TSKLJNE AGENCIES (S) PTE. LTD. /MBW r I 1 -w TWTT7 Te,: 226 3363 i #k3#JX I .TM H Fax: 226-1972/3 \Jggrr7 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I »CX ULT OMB "20.12 **22.12 21.12 24.12 2112 31.12 01.11 08.01 W.Ol 0101 07.01 LUPWQHAFBI 11/441 2112
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      1155 32 i'i i ifBnnWHI I M I SiSKiwF"JJ SSli 15! Jl u! TTUr m 22! 1!T l nTnjH T! ITp rrtQficrt—ow UuaJ—ti Iml m I ai I in m «i I ?ti »i «i I I I I I I I I I TO UBA-118T COAST fCTM-iT «»-»«> lilkriiiiMMai—— I gg
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      2218 33 h OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES A 7T^a jci *****13 FAX* *****42 PETALING JAYA TEL: 03******76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) TEL. *****4 FAXM*****1 CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 /no*ic» CFS (PSA F5) TEL: *****21/ *****79 ri flt?nV2£?2li CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR
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      925 33 ■BIiWHiHHWH THE FINAL COUNTDOWN "MAERSK YEAR END LOADER 1993" TO USA DON'T MISS IT VESSEL DETAILS Vessel/Voyage Lars Maersk V.9399 ETA 31/12/93 (1600 hrs) ETD 31/12/93 (2300 hrs) Closing Time 31/12/93 (1200 hrs) CY 31/12/93 (0400 hrs) CFS For your BOOKINGS please call: Bookings department: Ms. Karen Choo 228-6673 Ms.
      925 words
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      1577 34 AQABA R OAM/1 [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA LA SEINE 33/150 22/12 8/1 11/1 9/1 Port Kelang. Penanq HOECHST EXPRESS 12/350 25/12 3/1 9/1 12/1 15/1 17/1 19/1 Pasir Gudang DANUBE 11/151 29/12 15/01 16/01
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      532 34 FCL Break bulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for aN services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea t Vietnam Mongolia t Hungary CSFR e Poland FULL CONTAINER SERVICE TO NORTH/WEST AFRICA FEEDER VESSEL ETA SIN NED
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      1053 34 I NORASIA 1 1 12/01 15/01 16/01 16/01 17/01 11/01 19/01 20/01 21/01 J I NORASI A MUBARAK 9350-3 29/12 19/01 22/01 23/01 23/01 24/01 25/01 26/01 27/01 28/01 J 1 9351 3 04/01 26/01 29/01 30/01 30/01 31 01 01 2 02/02 03/02 04/02 J NORASIA PROCESS 9352-3 12/01
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      1669 35 H STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Kappal Tower* Singapara 0208 Tat: *****U Fax: 22M117 NEW QUUMA PACIFIC UHg JERSno (a scrvicc of china navigation co> accepts >2#yv cut go Die ms ..7:.k, RAJAH BROOKE ¥30£ Muara. Lab 20-21 Dec 22 0k 23 0k FCL. LCI CONTAMCR
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      1530 35 SINGAPORE AGENT: DStO pAtlfainAf*C PAO Container# (Singapore Agencies) Pte Ltd V M |\W jlll IL<mM 10 Hoe Chiang Road #07-01 Keppei Towers, Singapore 0208 ■TV .i v\ Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT :V; VCtML VOY -FNO 'PKQ MM tit tOV
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      549 36 IP GENERAL AGENT C.R NO: *****81-***** EKA JAYA AGENCIES >]||r TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MYANIiAH TRADE PAQtH HANDPHONE/DIRECT WLLUM WB I— HUM MMM WMia HO cm MWM CITY henry hoc *****24 rcttMt/WMM KELVIN CHAN HMK —Mfl— TO MYANMAR/YANGON SEMI CONTAINS!! SERVICE Igjgjjjb' M OCEANLINES
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      1533 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****21-233 DOCUMENT TEL: *****71-275 FOR VSL SM LME HAUL SEA TVS POX EDR Wl |U€ HAH SAV Ul NTC HANJIN BREMEN 010 C 24/12 DKECT 13/1 14/1 15/1 HAIUN BREMEN 0101 24/12 M PROGRESS 0301 27/1 21/1 30/1 HANJIN HAMBURG
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      1402 36 d T cT^T3"~rn^ Ipu scr ksg ws uc rus ii m rro iu at w irrcuw u* km tt» w. rse a® m I i. aw (M) 21/12 29/12 1/1 5/1 7/1 11/1 11/1 11/1 14/1 lt/1 15/1 a/1 9/2 11/2 12/2 22/2 21/2 N/2 25/2 26/2 1/1 11/1 22/1
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      2414 37 SCX: CALIFORNIA PEGASUS 18E' ETA SOP 22/12/93 II II ARRIVING LOS ANGELES 08/01/94 IN 16 DATS II XSZ II AEX: NEPTUNE AGATE 13E' ETA SGP 23/12/93 HI II W ARRIVING NEW YORK 16/01/94 IN 22 DAYS Ml II H *R1 Connecting Neptune Cyprtne OX hi HKG 08/0V94 I Ml r
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      Page 37 Advertisements Column 2
      1071 37 9 SINGAPORE SO VET SHIPPING CO PRIVATE LTD CR NO: **********0/N ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 4KVF BALTIC: INWARD *****51 OUTWARD *****81 T/S *****77 MgKSk BLASCO: INWARD *****79 OUTWARD *****80 T/S *****78 FESCO: BOOKINGS *****06 DOC *****07 MARINE MSURANCE: INVENTORY: *****59 W Mw ll\# AG£NTS: KL: 03-*****75/697 PKLG:
      1,071 words
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      1488 38 44 v ft AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (CM Mo: 1244I*****0M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I MALAYSIA: 1" LIME MAIHTIME (MALAYSIA) SON IHO ITEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SARANA LAUTINTERNUSA. TEL: JKT *****08 ioy ~noo t*
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      1047 38 PHIU-ORKNT LINGS PTC LTD V* 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE I 23 DEC SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 25 DEC AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH. NAPIER. CHRISTCHURCH
      1,047 words
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      950 39 isasaglll PACIFIC INTERNATIONAL LINES (PTE) LTD I SSSSffSSS^J^Fm 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I I SSSSSSS! K CR NO **********0E I VESSEL VOY StM CMS JIB JED AQJ AOE MOD PZU ASA KOTA WIRAWAN WRNO3S 21/12 26/12 1/1 3/1 5/1 11/1 14/1 17/1 20/1 KOTA WUAYA WJAO3S
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      1099 39 wssas vot spore ha»bu»c rotterpam antwcrp thares u h«« "1 mi»s maceooma M3iw 23/12 n oi 21 01 22 01 23 01 25/01 HLI Q- AQUK* 7S3IW 27/1? 22/01 24 01 25/01 27/C1 2»/01 WLU PC TUCAHA »531W 03/01 27/01 2»/01 30/01 31 01 02/02 j WUI DC 11M 7731W
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      Page 39 Advertisements Column 3
      401 39 BSA ik M MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIc Pen P.Gd| PAGAN V2O4W 21/30 Dec HPA-AN VI97W 5/7 tan PAGAN *205* 17/19 lan MALAYSIA AGENTS BOUSUAC SVfMG AGENCCS KU. TEL OJ *****00 PKL TEL 03 3CM7C7 PEN TU 04 *****5 PGD TU
      401 words
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      2568 42 0 0 Container Liner Services Malaysia's Agents: Indonesia's Agents: I General Agents: Booking Agents: Gnan Guan Skipping Sdi» Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Pntra Indonesia Maritime Z Costar Shipping Pte Ltd Shipping Freight Booking Centre Sdo Bhd SI Peruana **j Mode Mesa Lei 3.34, 3rd Fleer. H.
      2,568 words
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      587 43 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) i GOTHENBURG/SCAN 27/12 ROTTERDAM 27/12 AARHUS/COPENHAGEN 27/12 HAMBURG/BREMEN 27/12 MARSEILLE/FRANCE 28/12 FELIXSTOWE/UK 22/12 BARCELONA/SPAIN 23/12 LEHAVRE/FRANCE 25/12 GENOA/ITALY 24/12 ANTWERP/BELGIUM 27/12 LOS ANGELES/WC/IPI 25/12 SYDNEY/MELBOURNE 22/12 NEW YORK/EC 23/12 FREMANTLE/ADELAIDE 24/12 VANCOUVER 22/12
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      Page 43 Advertisements Column 2
      1554 43 11 TTTBiiiiiiiMiSSSr I VEBB£L -1 1 vessel VOY sin I WANABHUM 2078 Wad 22/12 Sat 2S/12 DEJA BHUM ZHK Fri 124/12 Sat 25/12 VESSEL VOY §M BKK CHAIYA BHUM SIS Fn_ 24/12 JTua_ »/12_ KMC AS A 13N 24/12 Tim 2S/12 BHUM 27N Tin In PI Fri 24/12 <| BHATRA
      1,554 words
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      1717 44 LAAmn 66ntainer lines IZN^/VVnAgents: MAC-NELB SPORE: *****22 (24 LINES) UV V 'cm mm awiliM SIBU (004) *****9 KUCHINQ (062) *****3 PENANQ: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK I GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 24/12
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      183 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD IT» ETA £TA SPORE FORT KB.MG POUNG BLUE MOE 2S/12 lojdmj tot Male RUVM HUM) 30/12 Disctiargirg am) loidwt for Bombay DOLM* 26/12 loading For MM HOHEII StrtEME SMLCO loading For Mm UMMEEDH 21/12 loading For Male PROGRESS LKRTY 24/12 loading lor
      183 words
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      Page 44 Advertisements Column 3
      1062 44 jr THONG SOON UNES PTE LTD 1 I 78 SHEHTOH WAY #10-01, SINGAPORE 0207 I I \J V/ T O 227-5088 FAX: 227-6011 I I r^£JJJt Ny TLX: RS ***** CARRtR, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOY S'PORE PEST VESSEL |VOT is POOE IIEST EQUATOR
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      22 47 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. Y™\ SINGAPORE FT! Business Times WE MOW ASIA
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      Page 47 Advertisements Column 2
      58 47 f%e Becufcve Housekeeper -this (xjfcel) O ivys, I I wants >s me. Bob I'll never newest L__ y -this house, J Any Job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The new Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS
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  • Page 47 Miscellaneous
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      Page 47 Miscellaneous Column 1
      710 47 TODAY'S TIDES (height in metres) HOC* 0000 0100 0200 0300 0400 0500 0600 0700 o<oo 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1100 1900 2000 2100 2200 2300 u 14 1J 2.1 2.3 2.3 22 2.0 14 1.4 1.3 13 1.4 1.7 2.0 22 2.3 22 24 1J
      710 words
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      668 48 JL VIGOUR PACIFIC LINES VESSEL VOYAGE SINGAPORE MANILA VIGOUR SINGAPORE 69N8 24/1 2_93 01/01/94 VIGOUR SINGAPORE 69ANB 27/12/93 01/01/94 LOAON6 EVERY VIGOUR PACIFIC 9401N 31/12/93 08/01/94 N® MONDAY ,ICOW ciflc p Jrc Ja/PEWANeiiid C6WT<UWgt» 4 66RVteB VESSEL VOYAGE T SINGAPORE PORT KLANG PENANG SINGAPORE VIGOUR SINGAPORE 69N8 24/12/93 26/12/93 27/12/93
      668 words
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      301 48 ©APPENSHIP /2\ HAMBURG \T\J CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS loadmg ports discharge loaomg for FORUM AKASAKA ANTWERP 05.11.93 SPORE 21/12 HARMONY SEA 13.11.93 SPORE 24/12 FRUITION ANTWERP 23.11.93 SPORE 6/1 BKK 11/1 KOALA CONTAINER LINE STORE FL* HAM ROT LEH DM CS
      301 words
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      412 48 JLcoscoi w UKC CONVENTIONAL SERVICE VESSEL PKL PNG PG. LOADING FOR: A VESSEL 28/12 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/12 20/12 Huangpu/Guangzfiou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
      412 words
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      936 49 I HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 VESSELS VOY PNA j PKE PGP I VESSELS VOY ISW I RTM ANT* LEH* HAM EEL NOR MALACCA 9351 A 20/12 21/12 23/12 SI FREEDOM 308W 27/12 14/01 14/01 15/01 16/01 18/01 IS/01 HMM ADVANCE 034 A 27/12
      936 words
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      Page 49 Advertisements Column 2
      476 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS Vtsai NT 9 PI UK u C«9K TMKI 21/12 Ml 2 sui turn «2 «/i i/i ctaac MSTU »/i TMM 24/1 US TIM KAH. *21 I/l J/1 lUSMI 124 11/12 2/1 WH ST 114 7/1 1/1 11/ l USUH
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      924 49 VESSEL VOY |SW ETA/P I LAX I OAK I CH DAL MEM/COL I HOU 1 NYC [NOR ALLSATOR TWUMPH 51A 23-24/12 M/ 01 11/01 12/01 13/01 14/01 14/01 14/01 15/01 MACKWAC BRPGE 73A 30-31/12 16/01 U/01 19/01 20/01 20/01 21/01 21/01 22/01 ALLCATOR PRBC W 06-07/01 23/01 25/01 2t/01 27/01
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