The Business Times, 5 July 1996

Total Pages: 26
1 26 The Business Times
  • 13 1 SHIPPING TIMES MITA (P) <>4tV'l2/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE FRIDAY, JULY 5, 1996 85c
    13 words
  • 60 1 Osni *****1 (-3.25) BTOOMP 2188.06 (+2.62) BT-M6A 1107.73 (-1.74) HHABKET HOODs Mixed STOClMAIgET INDICES Thursday Change KLSECOMP 1,137.92 +186 NIKKEI *****9 J -86.11 HANOSENQ 11,181.82 +***** SET INDEX 1163.47 -473 JAKARTA OOMP _J88il 6.46 MANILA COMP __do«d TAIPEI WP! 6,428.48 -7.91 SEOUL COMP ***** +317 CISA CHINA B
    60 words
  • 80 1 EXCHANGE 1ATES US* S$ 1SS 1.413 1561 .1206 DM 0.667 .0.928 YEN 100 0.906 .1180 MS 0.401 0.567 HKS 0.129 0.183 BAHT 0039 0066 Rt'FlAH 100 0043 0.061 I« 'i 1-4 >»»- SBiGAPORE* ft 44 KUALA LUMPUR. 8 15* JAKARTA 1 flfnl BANGKOK 13.75 MANILA 1 4 r>0 HONGKONG
    80 words
  • 630 1  -  SES told merchant bankers only Big Six and one local practice should handle IPOs By. Anna Teo [SINGAPORE] Local accounting firms are up in arms over an unwritten stock exchange (SES) guideline, conveyed recently to merchant bankers, that only the Big Six international
    630 words
  • 313 1  -  Dealers attribute surge to expectations of rising rates worldwide By: Paul Leo [SINGAPORE] Local interbank rates shot above 3 per cent across the board yesterday to an 11-month high. "The interest rate cycle has turned upwards for the shortterm, at least," said a
    Source: Bloomberg; ALLAN  -  313 words
  • 372 1  -  Govt denies he is unwell, but analysts expect markets to remain jittery Front S N Vasuki in Jakarta RUMOURS that President Suharto was unwell, which were denied by the government, roiled currency and stock markets yesterday. The rupiah fell to a
    Source: Bloomberg  -  372 words
  • 411 1  -  Two other Ardmore Park penthouses to be marketed later By Chuang Peck Ming [SINGAPORE] So who snapped up four of the six penthouses at the soft launch of Ardmore Park's luxury apartments last week? Informed sources have disclosed that they are architect Albert Hong of
    411 words
  • Page 1 Advertisements
    • 160 1 mare Haw are the Big Three shipyards doing? Lacklustre, it would seem. But prospects for the next six months may be better, Shipping *nme»,Prl MEWS VALUE Basmu u shut fttfMuf'» health nfls aarfcata, this pg. Markets are doing the job for the central bank, which recently had to sell rupiah
      160 words
    • 19 1 Jakarta bourse braces for a season of changes, Pg 15 Indonesian IPOs: companies are getting cold feet, Pg 17
      19 words
    • 36 1 Win with LACK r5mte,..*..... VV \sf4 l vt .'J iZ I njiwr --M H I A ju n nil Mpß|^ I JBP* 1 'F* l LA MBI^BBKL-'- --V |^^BlWfl^^^B^^^B^B^^B3B[fiKfcß jij_ ii -j'*xt."'• f^^9Bi l§L^^^sj™PK Lffl v
      36 words

  • SINGAPORE AT HOME & ABROAD
    • 154 2 Bloomberg Business News MAXTOR Singapore Ltd, a division of South Korea's Hyundai Corp, said it laid off 800 workers as part of a productivity drive. "The move was planned two months ago, and had to do with improving efficiency. It had nothing to do with
      Bloomberg Business News  -  154 words
    • 356 2  -  By. Ronnie Lim SINGAPORE consumed 28.2 million tonnes of oil equivalent last year, up a slight 3.2 per cent from 1994, says a closely-followed world energy report. The just-released BP Statistical Review of World Energy 1996 said that of this amount, over 95 per
      Source: BP Statistical Review of World Energy; ALLAN  -  356 words
    • 459 2  -  Move is part of plan to boost investments in Asia and will make it 2nd chaebol to have its Asian base here By Ronnie Lim SOUTH Korea's Ssangyong group is set to boost its investments in Asia, including establishing a regional headquarters
      459 words
    • 410 2  -  Insufficient savings caused country's recurrent crises: Foreign Minister Ny Kevin Sullivan MEXICO is considering a national compulsory savings scheme along the lines of Singapore's Central Provident Fund, said Mexican Foreign Minister Jose Angel Gurria yesterday. Mr Gurria told a seminar organised by the Institute of
      AZIZ HUSSIN  -  410 words
    • 230 2 SOCIETE Des Matieres Premieres Tropicales (SDMPT). the purchase division of Michelin Tyres, is selling its remaining properties in Singapore two freehold bungalows, which have been put up for tender. SDMPT managing director Patrick Hays said the company used to have four properties here
      230 words
    • 334 2  -  EYE ON THE ECONOMY Tax revenue By\ Michelle Low GROWTH in retail space is way outstripping increases in the retail sales index, property consultant Edmund Tie Co notes. Retail sales saw average growth of 3.5 per cent a year over the last five years; retail
      Source: MTI & Edmund Tie & Co  -  334 words
    • 272 2  -  By. Michelle Low THE post-May 15 slowdown in the property market is hurting building materials suppliers too, and the government should review the situation, the president of the building materials industry association, Ng Soy Ng, said last night. Mr Ng said suppliers are
      272 words
    • 244 2 LISTED Stamford Tyres yesterday launched Singapore's first project to recycle all scrap tyres. Stamford, through its wholly owned subsidiary, Green Tyre Singapore, was awarded the tender for the project by the Ministry of Environment. It will recycle the tyres at a $1 million plant
      244 words
    • NEWS Roundup
      • 78 2 THE Ministry of Labour arrested 139 foreign nationals after raiding a construction worksite in Changi South yesterday. The ministry said main contractor Lean Hin Lee Construction Trading had "totally disregarded and failed to implement security measures to prevent unauthorised entry to sub-contractors and
        78 words
      • 55 2 REAL estate agency ERA Realty said its June sales amounted to $268 million worth of properties, 77 per cent more than June last year despite the cooling property market. For the second quarter, ERA transacted $843 million of property, 66 per cent more than
        55 words
      • 68 2 JAPAN'S largest toymaker, Bandai—creator of Mighty Morphin Power Rangers and Godzilla yesterday opened its regional headquarters here. The centre will oversee marketing and domestic sales for South Asia, as well as sales for Bandai's US and Europe affiliates. Bandai president and CEO M Yamashina
        68 words
  • Page 2 Advertisements
    • 122 2 ProverK:e^RuJ f Accessories Wot Included vA Ji I'jii i Cost Price *****4.0 C I Sole Price *****2.0 d Ba^ r\ Price Ss9BBB.ojj Sale Price *****C00 l IT 1 bliver (Polaris) Cost Price *****8.00 Bale Price Ss4944^*) AJexa (Polaris' NCost Price SS7OO4.CX! Sale Price *****1.2 a ~rono (lavamar) 18th June 28th
      122 words

  • FOCUS: ADVERTISING & MARKETING
    • 814 3  -  A USslom study is underway to find out what makes an ad effective By Kevin Sullivan [SINGAPORE] THE American Advertising Federation named John Philip Jones as its Distinguished Advertising Educator of the Year in 1991. Which is a rather dubious honour, because advertising has
      814 words
    • 386 3  -  Business Trends has set up a new arm to cater to the telecom, healthcare industries By Poo-Cheong Wai Ming EMPLOYMENT agency Business Trends has set up a new arm. Specialist Staffing Services, to cater to the needs of the healthcare, information technology and telecommunications industries for specialised
      386 words
    • 286 3  -  By I Christopher Tan [SINGAPORE] Nissan distrib utor Tan Chong's sustained advertising and marketing drive has paid off. Passenger car sales rose 9 per cent to 1,332 units in the first half from the same period last year. It
      286 words
  • Page 3 Advertisements
    • 81 3 SM and tion often depend on y being in the right place at the right time --J The latest exclusive development r Prices from £150,000 64 one, two and three-bedroom units and 1 four-bedroom penthouse t Right in the heart of London's West End, next to Oxford Street, Selfridges, and
      81 words
    • 32 3 KgOftlAfcf Satellite Tracking Technology Catch a Cab. 4 1* Cut the wait when you cut the queue, call Cabline and there's a City Cab for you. (and real fast tool) Cabline 552-2222
      32 words

  • SOUTH-EAST ASIA
    • 192 4 KUALA LUMPUR AFP MALAYSIA'S environment minister yesterday ordered stern action against overlogging after state authorities in timber-rich Sarawak revealed indiscriminate tree felling had caused serious soil erosion. Law Hieng Ding, Minister of Science. Technology and Environment, said he had ordered state governments to monitor
      AFP  -  192 words
    • 523 4 BANGKOK Vgit likely to be succeeded by deputy or finance ministry perm sec analysts Reuter THE successor to former Thai central bank governor Vijit Supinit will likely be the bank's deputy governor or the Finance Ministry's top civil servant, financial analysts said yesterday.
      Reuter  -  523 words
    • 163 4 BANGKOK AFP THAI Prime Minister Banham Silpa-archa appointed five new ministers yesterday in a move that followed two resignations this week and marked the return to the coalition of the Prachakorn Thai Party, an official said. Prachakorn Thai leader Samak Sundaravej was reappointed as
      AFP  -  163 words
    • 216 4 ■JAKARTA PDI chief wants Abri to remove Megawati supporters: report AFP Reuter A LEADER of a troubled opposition party, the Democratic Party of Indonesia (PDI), has called on the military to seize the group's headquarters, which is held by supporters of his
      AFP; Reuter  -  216 words
    • NOTE Book
      • 50 4 AFP [HANOI] Nguyen Thi Xuan My, the first woman to be elected to Vietnam's powerful Politburo, has called for a renewed effort to fight corruption, which she said was prevalent even at the highest levels of government, a report said on Wednesday. —AFP
        AFP  -  50 words
      • 43 4 AFP [JAKARTA] Hundreds of people seeking jobs in the Indonesian civil service rioted on Wednesday in a town in the troubled province of Irian Jaya, damaging buildings and cars and injuring at least three soldiers, sources said yesterday.—AFP
        AFP  -  43 words
      • 59 4 Reuter [BANGKOK] Ekamol Khiriwat, the sacked forma* head of the Thai Securities and Exchange Commission, said through his lawyer yesterday he would soon file a defamation suit against ex-central bank governor Vijit Supinit who quit on Tuesday. Mr Ekamol would also file similar suits this
        Reuter  -  59 words
      • 40 4 AFP [BANGKOK] The Bangkok Bank of Commerce (BBC) will be allowed a capital increase worth 44 billion baht (552.4 billion), the acting governor of the central Bank of Thailand, Rerngchai Marakanond, said yesterday. —AFP
        AFP  -  40 words
      • 37 4 AFP [JAKARTA] Indonesia has ratified a bilateral security agreement signed with Australia last December, a presidential document received here yesterday said Under the pact, both agreed to periodic consultations about common security interests. —AFP
        AFP  -  37 words
  • Page 4 Advertisements
    • 331 4 Invest in tike Future of tlie "WorM's Emerging IVlarlkets Q: What are the benefits of investing in the Templeton Investment Funds Emerging Markets Fund? A: Emerging markets into which the Fund may invest, in recent years have achieved generally faster economic growth rates than developed markets. This may lead to
      331 words

  • CHINA-HONGKONG-TAIWAN
    • 348 5 BEIJING Rise in revenues exceeds expenditure increase and shrinks last year's shortfall Reuter AFP CHINA'S Minister of Finance Liu Zhongli said the increase in revenues in 1995 exceeded that in expenditures for the first time in many years, bringing the deficit below the figure
      Reuter; AFP  -  348 words
    • 319 5 BEIJING In serious cases, they may be barred for five years AFP Reuter CHINA yesterday unveiled wide-ranging regulations that could see foreign accountancy firms that breach the legal scope of their business here thrown out of the country for five
      AFP; Reuter  -  319 words
    • 256 5 BEIJING AFP CHINESE newspapers yesterday gave prominent coverage to a warning by President Jiang Zemin that state sector reform was essential for fast economic growth. "Losses incurred by stateowned enterprises are continuing to aggravate," Mr Jiang said in a recent speech to provincial leaders
      AFP  -  256 words
    • 199 5 HANGZHOU, China AFP THE death toll in China's worst floods in 50 years rose to 206 yesterday, as the army mobilised hundreds of thousands of troops to cope with the devastation that has left millions of people homeless. In Zhejiang, in the southeast,
      AFP  -  199 words
    • 118 5 HONGKONG AFP HONGKONG tabloid Sudden Weekly may sue one of its own reporters for fabricating a story about the health of a tycoon, its sister paper Apple Daily reported yesterday. The move came after Sudden Weekly was summoned on Wednesday following a writ filed by
      AFP  -  118 words
  • Page 5 Advertisements
    • 197 5 just sit there. something. Make a wise investment decision. Let Standard And there is no better way of finding out which funds you are most comfortable with. Then, you just sit Chartered Investment Services show you how to suit you than by using our Risk Reward ratings. back, do nothing
      197 words

  • Page 6 Advertisements
    • 489 6 f§l *I %U *f *> r I 1 |^B*J^B. m jt H i i .MWWr «pi 4frS fl|~^l^]^€/> ~*'~^|L *j&^ Practical Refrigeration \M(// MarfiRMAD Engineering Pte Ltd FM MaCGREGOR MiMttß or THi INCENTIVE CROUP ESHEBJ MgrtWEWW hmgwegor HAGGLUNDS CONVER •»cinfl»l NIMH THI MClMfifl «»Ov» Specialised In Marine <S Industrial .Mr-Condition.
      489 words

  • Page 7 Advertisements
    • 35 7 Chart the Quality Route with Kapal I This is because at Kapal Management, provide professional, cost-effective. safe ship management, chartering, broking and agency services to shipowners. -u» > .wfl n -*sg. 'w> H -*-v;- J£J '-r»^B
      35 words

  • ASIA
    • 457 8 NEW DELHI PM says higher prices justified to help ease soaring import bill AFP INDIAN Premier H D Deve Gowda has refused to review a steep hike in petroleum prices despite opposition protests and rumblings within his minority centre-left government. Mr Gowda
      AFP  -  457 words
    • 257 8 SYDNEY AFP ASIAN groups here voiced concern about Australia trimming its immigration intake as a senior minister yesterday denied the cutbacks raised the spectre of past "white Australia" policies. Immigration Minister Philip Ruddock announced on Wednesday that immigrant numbers would be cut by
      AFP  -  257 words
    • 281 8 GOLD COAST, Australia Soft Japanese economy, high airfares seen as reasons for fall AFP A BIG fall in the number of Asian visitors is hitting this tourist area hard, a leading hotelier said yesterday. Some four and five-star hotels on the Queensland
      AFP  -  281 words
    • Article, Illustration
      43 8 [AUCKLAND] South American spider monkeys huddling together at the Auckland Zoo during an unusually cold day yesterday. The maximum temperature reached in the city was only 8P Celsius, close to the lowest ever temperature of 7° Celsius recorded in 1945. REUTER
      REUTER  -  43 words
    • 239 8 ■COLOMBO AFP SRI LANKA's main opposition has announced its rejection of government moves to turn the country into a federal state as part of a political package to end a Tamil separatist war. The opposition United National Party (UNP), whose support is
      AFP  -  239 words
    • 132 8 ■SEOUL Reuter SOUTH Korea's parliament yesterday elected a new speaker, ending a confrontation between ruling and opposition members that had stalled its opening for one month. The speaker, Kim Soo Han, is a member of the ruling New Korea Party. He was elected despite attempts
      Reuter  -  132 words
    • ASIA Notes
      • 68 8 AFP [COLOMBO] A Tamil woman suicide bomber wounded Sri Lanka's housing minister and killed at least 21 other people, including a top military commander in the northern town of Jaffha yesterday. A woman fighter of the separatist Liberation Tigers of Tamil Eelam strapped with
        AFP  -  68 words
      • 70 8 Bloomberg Business News [TOKYO] Japan's merchandise trade surplus for the first 20 days of June shrank 61.8 per cent from the same period a year ago to 200.62 billion yen (512.67 billion). Exports during the 20-day period rose 9.2 per cent from the same period
        Bloomberg Business News  -  70 words
      • 62 8 Bloomberg Business News [CANBERRA] Australian communications minister Richard Alston said yesterday a proposed sixth free-to-air television channel will not be a commercial service. "The i: federal government does not see the need for a fourth commercial television network as Australia is already well served
        Bloomberg Business News  -  62 words
      • 98 8 AFP [ISLAMABAD] Military cooperation between Pakistan and China has gained "greater significance" since the United States halted arms sales, according to Pakistani president Farooq Leghari. He made the remarks late Wednesday in a speech in which he also made a veiled warning Pakistan would balk
        AFP  -  98 words
      • 57 8 AFP [DHAKA] Bangladesh Prime Minister Sheikh Hasina Waled has vowed to privatise state-run publications and give autonomy to the electronic media despite opposition from employees. "This (privatisation) is our political commitment. We will implement it at any cost," the Banglabazar Patrika newspaper quoted her as telling
        AFP  -  57 words
      • 35 8 Reuter [DHAKA] The Bangladeshi army has been put on standby for emergency evacuation of tens of thousands of people marooned by monsoon floods sweeping the country, government officials said yesterday.—Renter
        Reuter  -  35 words
      • 40 8 AFP [ISLAMABAD] Pakistan's main fundamentalist party, the Jamaat-i-Islami (JI), has announced new moves, including a cross-country train journey by its leaders, to drum up support for its campaign to oust Prime Minister Benazir Bhutto.— AFP
        AFP  -  40 words
  • Page 8 Advertisements
    • 633 8 SINGAPORE REINSURANCE CORPORATION LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT J RENOUNCEABLE RIGHTS ISSUE ("RIGHTS ISSUE") OF 28,056,100 NEW ORDINARY SHARES OF $1.00 EACH ("RIGHTS SHARES") AT $1.30 FOR EACH RIGHTS SHARE PAYABLE IN FULL ON ACCEPTANCE OR APPLICATION ON THE BASIS OF ONE RIGHTS SHARE FOR EVERY TWO
      633 words
    • 20 8 Crunchy Cai*r > j BewHtowo I Teppanyaki I I J^2S.foiLch«^ffft T ra by 'i? Nishiki Restaurant L-LI Tel: 322 4224 ■i
      20 words

  • THE WORLD
    • WORLD Watch
      • 106 9 Reuter [LONDON] Opposition leader Tony Blair yesterday formally launched his bid for power at the next general election, declaring his new-look Labour Party had jettisoned the socialist dogma which has kept it from government for 17 years. Mr Blair presented his long-awaited Road to
        Reuter  -  106 words
      • 78 9 AFP [JEDDAH] Saudi police have tightened security around government buildings and on main roads here after last week's bomb attack on US servicemen. Saudi witnesses yesterday said about 100 police armed with machine guns have been deployed around the majlis. or council, of Crown Prince
        AFP  -  78 words
      • 48 9 Reuter [BONN] Lack of competition is a major factor contributing to high prices that burden the German economy. The Monopoly Commission, a panel of six academics, said in a report yesterday that the government should accelerate deregulation and privatisation of public firms. —Reuter
        Reuter  -  48 words
    • 331 9 MOSCOW Reuter PRESIDENT Boris Yeltsin, after an emphatic election victory over a Communist rival, made a plea yesterday for national reconciliation and hinted that he would find a role in the government for the defeated opposition. "Let us not divide the country into the
      Reuter  -  331 words
    • 720 9  -  WORLD VIEW Politics following the lead of popular entertainment Kevin Sullivan IN BRITAIN this week there was a flurry of inexplicably intense interest over the nuptials of one Paul Gascoigne, a professional footballer. Mr Gascoigne has a reputation for off-the-pitch exuberance. Last month, he and
      720 words
    • 634 9 NEW YORK FOMC leaves rates unchanged; analysts think it will do the same at the next meeting in Angnst Reuter FEDERAL Reserve policymakers seem content to let the economy cruise along and test the notion that slightly faster growth may not spur inflation, analysts
      Reuter  -  634 words
    • 250 9 WASHINGTON AFP THE United States remains the world's largest arms exporter even though the weapons trade has declined considerably in the *****, a US government report released on Wednesday said. In 1994, the US sold US$l2 billion (5516.8 billion) worth of arms, mostly to
      AFP  -  250 words
    • 153 9 MANILA AFP US Agency for International Development (USAID) chief Brian Atwood has warned multilateral institutions against banning US firms from aid-funded projects to force Washington to pay its arrears towards these agencies. Mr Atwood yesterday said this would only encourage the US Congress
      AFP  -  153 words
  • Page 9 Advertisements
    • 175 9 I With a worldwide team of 250 multi-disciplined professionals and a network of international offices, OCRA provides confidential and cost effective company formation in ail the major low tax areas including: □ii after sales services provided. For a FREE copy of our stoor brochure or to arrange a consultation contact:
      175 words
    • 231 9 HOUSING LOAN RATES* FROM 1990 TO 1996 MBM CREDIT POSB COMPETITOR siiiiiiiiiiiiii i i i i i i i i i i i i i i Credit POSB provides loans for property Occupation Permit is issued. purchases particularly for private property or Be assured that you will not be penalised
      231 words

  • EDITORIAL & OPINION
    • 767 10  -  THE BOTTOMZJIfE OPINION By Harish Mehta The writer is a BTcorrespondent specialising in Indochinese affairs MANY silly things are being said about the Vietnamese Communist Party's decision to let the ruling triumvirate keep their jobs on the Politburo for another year. The first and perhaps
      767 words
    • 127 10 Saab has proven to be something of a black hole for cash for GM.' David Hmly an analyst at Burnham Securities, commenting on the little difference General Motors Corp's investment in struggling Swedish automaker Saab Automotive AB has had so far. •The IPO market is not dead
      127 words
    • 628 10 EDITORIAL IT is bad enough that the United States slashed in half its future contributions to the concessional lending arm of the Asian Development Bank (ADB) after having pledged to make them. But to demand, at the same time, that the US continue to
      628 words
    • 1050 10  -  In a sign of rising strife, workers destroy a shoe factory near Jakarta when they are not paid By I S N Vasuki The writer is BT's Jakarta correspondent P T SARKIS Pasifik Indonesia is a shoe-maker with a factory at Tangerang, near Jakarta. When
      1,050 words
    • 439 10 Vietnam'* progress A DECADE since the Communist Party of Vietnam hammered out a policy of reform called doi moi (renovation), the quinquennial party congress came to a close after confirming that it will stick to the programme, by which it intends to make Vietnam an industrial
      439 words
  • Page 10 Miscellaneous

  • EXECUTIVE LIFESTYLE
    • 745 11  -  The first meeting of 280 wine producers from 40 regions Down Under provided david oubhtbl with four days of sumptuous tasting DAVID GABRIEL NOW here is an idea for a visit to Australia. It's Wine Australia the biggest wine show in Australia featuring wine producers large
      745 words
    • 261 11 PUPPETS Reuter ANDRAS Lenart is a man with a mission to win people back from video and TV to what he calls the magical world of the marionette. Standing in his workshop in Hungary's State Puppet Theatre amid lavishly dressed dolls ranging from Petrushka to King
      Reuter  -  261 words
    • 446 12  -  EDUCATION Last finishing school closes, ending era when girls learn skills useful for marriage By 1 Paul Majendie Reuter [EASTBOURNE, England] Gone are the days when genteel young ladies learned to cook and arrange flowers on the way to hooking a rich husband. Britain's last residential finishing
      Reuter  -  446 words
    • 444 12 HISTORY LAT INDEPENDENCE Day. It is not just a movie. Two hundred and twenty years ago more or less America's founding fathers thumbed their noses at the "royal brute" King George 111 and set about setting up a new nation. But even in an event so historic
      LAT  -  444 words
    • 686 12  -  HEALTH New study's findings confirm what athletes and weight-lifters have known all along By Carol Kaesuk Yoon NYT FOR every guy who ever wondered whether a blast of testosterone might transform him into pumped-up muscleman, scientists now have an answer. After four decades of learned debate,
      NYT  -  686 words
    • 1055 14 MUSIC Some of the year's biggest hits are due to be released from September onwards NYT [NEW YORK) If summer is concert season with hundreds of pop stars, oldies acts and up-and-comers crisscrossing the nation, competing for ticket sales then autumn is
      NYT  -  1,055 words
    • 544 14 WIMBLEDON Henm&n stumbles in gallant challenge for semi-final berth Reuter [LONDON) Todd Martin chose Independence Day to make almost certain of an American presence in the Wimbledon men's semi-finals as Tim Henman's gallant challenge slithered towards a watery grave yesterday. With champion Pete Sampras in
      Reuter; AFP  -  544 words
  • Page 11 Advertisements
    • 65 11 dm*. i the Wi Bwickham lilliliHlfl^lSl^nMlS^ COLLECTION PR |CE At OE AAA '""SSS.HH jß&Kk*. from AJ I OOjUUU mi All within 2-3 km from Brisbane A For investment, F/rsf Floor Lobby I > Aries Room 10 am to 7pm I b.a.26 17/95 Ready to rent out tenants queuing Showroom Ground
      65 words
    • 572 11 BUSINESS Notices TO ADVERTISE CALL TOLL-FREE 1800-741 1883 IN THE MATTER OF THE COMPANIES ACT. CAr. M AND IN THE MATTER OF LASER THEATRE PTE LTD NOTICE OF SPECIAL RESOLUTIONS FOR IN MEMBERS' VOLUNTARY WINDING-UP (PURSUANT TO SECTION 2M) Al an Extraordinary General Meeting of the members of the abovenamed
      572 words
    • 88 11 V/////////A *W///////, 7//////////:. KOREA LONG TERM CREDIT BANK USD 150,000,000 FLOATING RATE NOTES DUE DEC 1999 I 1 I v. Notice is hereby given that the Rate of Interest for the interest period from 5 July %to 6 Jan 97 (185 days) has been fixed at 6.1125% per annum. 6
      88 words
    • 397 11 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF PRO-FLO SINGAPORE PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTIONS I Pursuant lo Section 290(2 Nb)| Al an hxiraordinary General Meeting of the Company held at 6 Shenton Way, #20-09 DBS Building Tower 2. Singapore
      397 words
  • Page 11 Miscellaneous
    • 93 11 DOOMESBURY By Gary Trudeau SO, BP, YOU OC SOUNDS 9 LANP PtPAJE WHAT GREAT! HOW NOPE, I r UJHOWAm 7V\ ACTUALLY, MB,TOO/ POWUSAYWEPRJVE ABOUT YOU, THINK. R£Auyr RE UVEAHOR.- SOWOULP WHAT MAS OUT TO THE COUNTRYANP 6EOR6E? I'U PASS. WUJ RORSHOUJfIV 5 L 1 THINKI J M7HERSTAY j N6? ,ANP
      93 words
    • 148 11 THE WEATHER Singapore: Showers over several areas in the late morning and afternoon. Temperature (31-23) P"*— m/Ut Amerlm HVLo* CW. 85 £8 j-*- Wn (loUd> £2r -nil BuwmAitw 15,116 Shown rrf! J*™ B"*® Ooudy Ctaafl) 27/18 Cloudv r«on» Bmt_ tt 14 Sunny HoaaWn 27 "24 (VnmK (op«h»r« ii/H Showm Haurtoa
      148 words

  • Page 12 Advertisements
    • 132 12 I Get Fresh With Us You cant get any fresher than our finest steaks, salads and seafoods. Without any artificial flavours added, we serve it just the way you like it fresh from the rock. If its not right, well make it right Sizzling Rock Steak Seafood Salad slftslAßo<uQuay iOWI
      132 words
    • 100 12 A CLAYPOT GOOD TIME A Must-Try, for a limited promotion period only. Every order comes with a componentry vegetable disk. Lunch: S$ 15.00 Dinner: 5516.50 ArailabU Fridays, Saturday ad Eft Public IHoliday* ■A Fr— Parking ii jiMg GST. 24 Mount Elizabeth, Singapore *****8 Tel:*****88 Fax: *****66 A famhtr of Fur
      100 words
    • 137 12 Singapore Business -Giving u you the winning edge CHINA china RESORT RESTAURANT Hong Kong Dion Xin Superbowl is available GdTA Country Club II 6 Marina Vlall, All You Con Eat Singapore *****9 ala carte mami* *****28 Choose from 46 mouth watering 1390 ala carte dishes at prices that are hard
      137 words

  • Page 13 Advertisements
    • 709 13 Buy It. Sell It. Find It. Classified. f& CATS. Call Today For Results Tomorrow. 1800-*****66 Where to wine, dine and entertain ii i mKSESEH. Original Long Beach at Bedok Rest House Long Beach, with more than 50 years of history, is the first to serve the best Black Pepper Crabs,
      709 words
    • 41 13 1 LICHT-HEARTED carbic^^M |#you-'cais have I them both. The Pool terrace now auto j tt easy for those tobfKt to lfl% service K,lch*«<i SiCfjport e^| tfifls Our Great Value Buffet Dinner will be a thrilling experience for you and your wallet.
      41 words
  • Page 13 Miscellaneous
    • 859 13 TVvRADIO ririlltora 13 3.30 Perasmian Gerak Mesra 1/OHrlffTTiTTSTa^^ LOO PM The Winners. 0.00 AM Dear Brother. by Prime Minister in PonL3O Money, Money, Money. Zoo. tian (L). T r 2.00 Management Today. 7.00 Good Morning Singapore. 4.00 Dwi Vista. 2.30 rv Innovations. 9.00 Story from the East. 8.30 Sonic the
      859 words
    • 239 13 CKVPTIC CROSSWORD 1 Noticing pain without dope (8) a party extremist admired (6) 9 The cartoonist is a Roman, it I I i I I turned out 10 The French left so awkward! 12 Ordering off more than one play- "ill--13 Concerned with shops' returns 20 A Welshman in the
      239 words

  • Page 14 Advertisements
    • 1099 14 Lloyds TSB Group pic (incorporated in UK) Consolidated Balance Sheet Consolidated Profit ft Loss Account (14 mths) 14 months ended 12 months ended 31 Dec 95 31 Oct 94 31 Dec 95 31 Oct 94 £m £m £m £m Assets Interest receivable: Cash and balances at cental banks 855 472
      1,099 words

  • COMPANIES & MARKETS
    • 246 15  -  HOT, COLD AND LUKEWARM 3-day plnnge casts a shadow over entire electronics sector Ky\ R Sivanithy [SINGAPORE] Aztech Systems shares sank to an all-time low of 50 cents yesterday in the third straight day of falls following the company's disclosure
      Source: Bloomberg; ALLAN  -  246 words
    • 302 15  -  By Ven Sreenivasan [SINGAPORE] Lindeteves-Ja-coberg (LJ) yesterday hogged the top spot on the actives list in its debut but failed to live up to expectations as it closed with a premium of just 6 cents, or 9 per cent, over its
      Source: Bloomberg  -  302 words
    • 214 15  -  By i Conrad Raj [SINGAPORE] Amcol shares rebounded on bargain-hunt-ing yesterday following its sharp fall on Wednesday as investigations into the company by the authorities and special auditors Price Waterhouse continue. Morning trading started with two married deals being reported one for 200,000 shares at $2.85
      Source: Bloomberg; ALLAN  -  214 words
    • 276 15 New subsidiary has half stake in Keng Lee Road apartment project [SINGAPORE] Liang Court Holdings has acquired an 80 per cent stake in investment holding company Piatra Pte Ltd which has an interest in a joint venture that is building an apartment block in Keng
      276 words
    • 642 15  -  HOCK LOCK SIEW S N Vasuki THE Jakarta stock market, one of the region's top performers in 1996, has stumbled in recent weeks over concerns of political uncertainty and economic overheating. Foreign fund managers, who account for a dominant share of the market's
      642 words
    • 220 15 [SINGAPORE! Hotel Properties Ltd (HPL) will form a Singapore-based joint venture that will operate Donna Karan New York (DKNY) stores in Taiwan. The company said yesterday that HPL-21 Holdings Pte Ltd, a 75 per cent subsidiary, has agreed to subscribe for a 51 per
      220 words
    • 141 15 [SINGAPORE] Sesdaq-listed Flextech Holdings yesterday said it will buy stock in US-in-corporated Tessera for US$l million in a deal which includes licensing Tessera's proprietary technology. The chip distributor said the investment is a strategic step to move into the manufacture and sub-assembly of
      141 words
    • REGIONAL COMPANIES
      • 571 16  -  Market forces will be allowed to dictate nnmber of operators, says minister From, Ho Kay Tat in Kuala Lumpur THE Malaysian government said yesterday it was abandoning its six-month-old plan to rationalise the telecoms industry because merger talks between the operators had made
        571 words
      • 299 16  -  Frorn Ho Kay Tat in Kuala Lumpur SENIOR executives of Time Engineering Bhd and Sapura Holdings Bhd "shook hands" on a deal for Time to buy the cellular and payphone operations of Sapura. Sources said an agreement was struck on Wednesday and will be
        299 words
      • 154 16  -  From Ruth Wong in Kuala Lumpur INTRIA Bhd, formerly known as Acidchem (M) Bhd, plans to take a 40 per cent stake in British engineering firm Costain Group pic for MSIS9 million (Ss9o million). Intria said yesterday its 93 per cent-owned unit, Daedalus
        154 words
      • 310 16 Bernama [KUALA LUMPUR] Heavilyweighted stocks will be the centre of interest in the second half of 1996 with players expected to shift from second and third liners. Seacorp-Schroder Capital Management Bhd general manager John Ford said on Wednesday: "The first half of the
        Bernama  -  310 words
      • 391 16  -  Tripartite link-up in equities research and marketing From, Loh Hui Yin in Bangkok SINGAPORE'S oldest stockbroking firm, Fraser Securities, has teamed up with stockbroking firms from Malaysia and Thailand to pool their efforts in equities research and marketing. The Malaysian partner is
        391 words
      • 249 16 AFP [KUALA LUMPUR] Two consortia led by listed Malaysia Mining Corp and Gadek Bhd were awarded 33-year concession deals yesterday to build two highways worth M 54.56 billion (552.6 billion). A consortium led by Malaysia Mining clinched a M 52.7 billion deal to build
        AFP  -  249 words
      • COMPANY Briefs
        • 57 16 [SINGAPORE] IPC Corp has set up a joint venture firm with investment firm IT Solutions Holdings to provide information technology training in the Asia Pacific. The new S'pore-based company, Innovative Training Concepts, has an initial paid-up capital of $1 million. IPC's share is 40
          57 words
        • 31 16 [SINGAPORE] Keppel Shipyard's executive director Nelson Yeo has been appointed director of Singmarine Industries with effect Oram yesterday. Leong Kang Chuen has resigned from the Singmarine board.
          31 words
        • 52 16 [SINGAPORE] Malayan Credit said its associated company Malayan Credit (Shanghai) Properties (MCSP) had issued and allotted 100,000 shares of $1 each for cash at par. MCSP's issued paid-up capital has risen to $200,000. Malayan Credit's stake in MCSP has also dropped from 40 to 20
          52 words
        • 49 16 [SINGAPORE] The Hour Glass has bought another 15 per cent in Swiss watch companies Gerald Genta SA and Monte Carlo Time SAM. The 2.25 million Swiss franc (552.5 million) purchases bring The Hour Glass' stake in each firm to 66 per cent.
          49 words
        • 48 16 AFX-Asia [KUALA LUMPUR] Ekran Bhd said no contract involving the Bakun dam project has been awarded to Sarawak Concrete Industries Bhd. Sarawak Concrete closed up M 110.40 (555.89) at M 525.50 on rumours that it was getting a Bakun dam sub-contract.. —AFX Asia
          AFX-Asia  -  48 words
        • 58 16 Bernama [KUALA LUMPUR] Property-based company BCB Bhd will develop 11,900 units of mixed property worth Msl.3billion (*****.9 million) between now and the year 2003. An underwriting agreement was signed yesterday for BCB's initial public offer on the KLSE main baord, of 15 million shares of
          Bernama  -  58 words
      • 471 17  -  Investors selective towards IPOs due to volatile bourse, good returns elsewhere Fron S N Vasuki in Jakarta INDONESIAN companies with listing plans are getting jittery as investors have turned lukewarm towards some initial public offerings (IPOs) that recently hit the market. Analysts said
        471 words
      • COMPANY Briefs
        • 52 17 Bloomberg Business News [NEW YORK] News Corp may raise capital to help finance a US$57O million (Ss79B million) satellite venture in Latin America. News Corp has formed a partnership with Grupo Televisa SA of Mexica, Organizacoes Globa of Brazil and Tele-Communications Inc.—Bloomberg
          Bloomberg Business News  -  52 words
        • 42 17 Bloomberg Business News [REDMOND, Washington] Microsoft Corp said it spent US$l.3B billion (551.93 billion) on its share buyback programme in its 1996 fiscal year and will continue to buy back shares in fiscal 1997. Bloomberg Business News
          Bloomberg Business News  -  42 words
        • 27 17 Bloomberg Business News [TOKYO] PaineWebber International (Japan) Inc will withdraw from the Japanese equities business as part of a restructuring plan.—Bloomberg Business News
          Bloomberg Business News  -  27 words
        • 74 17 Reuter [LONDON] The Morgan Stanley Capital International China Free Index will be fUlly included in the MSCI Emerging Markets Free Index from Sep 2. The China Free Index will have a weighting of 0.38 per cent in the EMF index, 0.72 per cent of
          Reuter  -  74 words
      • 138 17 Bloomberg Business News [HONGKONG] Kerry Properties Ltd will sell 150 million shares at between HK519.50 and HK521.50 each. Alan Ha, vice-president of J P Morgan Securities Asia Ltd, yesterday said that will give the company a market capitalisation of up to HK$23 billion (Ss4.l
        Bloomberg Business News  -  138 words
      • 333 17 Bloomberg Business News {SEOUL] The Hyundai group, one of South Korea's top two business groups, yesterday said it will submit this month a plan to build an US$B billion (5511.3 billion) steel mill to the government, which had for years opposed the
        Bloomberg Business News  -  333 words
      • 275 17 Roadshows planned in Hongkong, New York and London Reuter (TAIPEI] Taiwan's Securities and Exchange Commission (SEC) started a two-week international roadshow yesterday to attract more foreign funds to the local bourse. The roadshows, arranged by US brokerage Merrill Lynch, will run for
        Reuter  -  275 words
      • 132 17 Reuter [HONGKONG] China Resources (Holdings) Co Ltd has acquired a strategic 5 per cent stake in Lippo Land Development PT, controlled by the Riady family, for HKS2I4 million (Ss3B million). China Resources, controlled by China's Ministry of Foreign Trade and Economic Cooperation, yesterday
        Reuter  -  132 words
    • INTERNATIONAL COMPANIES
      • 349 18 Companies warn of lower-than-expected earnings and some surprise losses Reuter [NEW YORK] Wall Street is watching the broad spectrum of technology firms carefully for signs that pockets of the industry's highest growth areas are slowing after an unprecedented boom in 1995 and 1994.
        Reuter  -  349 words
      • 238 18 Reuter Bloomberg Business News [FRANKFURT] Shares in computer maker and retailer Escom AG resumed dealing yesterday at 2.00 deutschemarks, down 2.63 deutschemarks or about 57 per cent from their close on Tuesday when they were suspended. The German bourse suspended trading after
        Reuter; Bloomberg Business News  -  238 words
      • 38 18 [HONGKONG) Two girls posing for photographs at the Disney Showcase "96 in Hongkong yesterday. More than 70 Disney licensees participated in an effort to educate consumers in identifying genuine products from pirated ones REUTER
        REUTER  -  38 words
      • 363 18 Move will place it among world's top 10 financial institutions Reuter [TOKYO] Nomura Securities Co Ltd, Japan's biggest securities house, is planning for a listing on the New York Stock Exchange so that it can be counted among the world's top 10 financial institutions. "We
        Reuter  -  363 words
      • 313 18 It tops magazine's ranking of responsible, profitable companies Bloomberg Business News [MINNEAPOLIS] Campbell Soup Co, the world's leading seller of soups, heads the list of Business Ethics magazine's 100 most socially responsible and profitable companies. In the first ranking of its kind, Business Ethics,
        Bloomberg Business News  -  313 words
      • 208 18 Reuter [WASHINGTON] The number of companies offering their shares directly to the public is swelling rapidly. Last week, 23 companies said they would start selling even single shares to individual investors who wanted to start accumulating stocks without paying brokerage fees or mutual
        Reuter  -  208 words
    • FINANCE & COMMODITIES
      • 334 19  -  LA branch made fiJw reports on price of Japanese equities and bonds: reports hYom. Anthony Rowley m Tokyo ANOTHER scandal has surfaced involving a Japanese financial institution's activities overseas this time at Daiwa Securities, one of Japan's "big four" brokerages according to Japanese press reports published
        334 words
      • 270 19  -  Investment advisory unit's MD quits after takeover failure By< Conrad Raj [SINGAPORE] OCBC Bank has rebuffed a management buyout offer for its Australian investment advisory subsidiary, Bleakley's Ltd. Following his takeover failure, Bleakley's managing director, Christopher Campbell, left the company to join
        270 words
      • 308 19  -  Teh Hooi Ling (SINGAPORE] The full convertibility of the renminbi on the capital account is a decade away, despite China's recent move to bring forward by four years its currency's convertibility on the current account, said JP Morgan. China announced last month that the
        Source: J P Morgan  -  308 words
      • 348 19  -  Fickle Chinese and US buyers causing headaches By I Siow Li Sen [SINGAPORE) Singapore rubber traders, some who have been in the business since the 60s, have seen it all: long stretches of dull prices, heady buying, sharp tumbles. But the beleaguered
        Source: Bloomberg  -  348 words
      • 166 19 [SINGAPORE) Wahsheung Finance, the financing arm of China Merchants Holding Company (CMH) which runs two listed subsidiaries in Singapore has raised US$5O million (Ss7l million) from the offshore markets of Singapore and Asia. The thee-year syndicated loan, with interest at 1 per cent above the Singapore
        166 words
      • 238 19 SIMEXReport Reuter (SINGAPORE) Simex Eurodollar futures ended firm yesterday as players heaved a sigh of relief after the US Federal Reserve left rates steady, but the market failed to climb higher ahead of the release of key unemployment data. Dealers said the Fed's failure
        Reuter  -  238 words
      • 167 19 Reuter London THE dollar closed little changed here after an initial slight decline against the mark in the wake of Russian President Boris Yeltsin's election victory, traders said. Trade was subdued for most of the session after the unwinding of protective hedging strategies established on Wednesday afternoon as
        Reuter  -  167 words
      • 286 19 ENERGY REPORT Reuter [LONDON] Oil prices edged higher yesterday, extending gains made earlier this week when strong US demand for petrol helped push prices higher. But with markets in the US closed for the Independence Day holiday, activity was thin
        Reuter  -  286 words
      • Article, Illustration
        1412 19 DtTERBAMK CROSS RATES ECU Ffr D« HK$ Irttofct* Yw MS MZSftft K> Hio tt U* Sfr KTj Uta torn* USS i£ 1065 6,78 0-628 4.025 1192 6.061 27.507 18.275 0.864 6.349 1950 1143 27.542 20 522 IIP* vm iiw ?iw>WM< (\km 2 EST" LtU 0.590 3.780 1119 5.692 25.831 17.162
        1,412 words
    • 1778 21 SICOM FUTURES Jul 4 RU88CR (Mm closing n «t 5.30p*) RSS1 CONTRACTS ctwtsAfl) Close Volume Open Hlgli Low Sett (tomes) Interest Aug 96 (93.50 ***** 192.00 100 1750 Sep 96 191.50 2025 Oct 96 190.50 3725 Nov 96 190.50 3725 Ok 96 190.50 3725 JanAtar 97 190.00 3525
      1,778 words
    • 2284 21 LONDON Mnbtalt ■w« nki A. A. Corp Adr 63.120 -.380 AB Ports 284 5 Abbey National 579 14 Allied Lyons 4511/2 4 1/2 A mac 95 -1 Argyll 348 Ajda Group 120 1/4 BAT Ind 500 8 BICC 3131/2 2 1/2 BOC Croup 940 12 BR Petroleum
      2,284 words
    • 1638 21 Bloomberg Business News □Nikkei 225 jig JAPANESE stocks fell to a more than two-week low amid concern that trading will decline if interest rates rise, eroding earnings at commis-sions-dependent brokerages. The benchmark Nikkei 225 Stock Average declined 86.11 points, or 0.38 per cent, to 22,292.91 the lowest close since
      Bloomberg Business News  -  1,638 words
    • Article, Illustration
      1697 22 Bloomberg Business News Q Hug Seng ♦I1&S4 STOCKS rose to their highest in four weeks amid optimism that steady interest rates will help corporate profits to keep growing. HSBC Holdings pic, Hutchison Whampoa Ltd and Sun Hung Kai Properties Ltd led the benchmark index after the US Federal Reserve
      Bloomberg Business News  -  1,697 words
    • Article, Illustration
      637 22 Bloomberg Business News Reuter Shanghai B Share Index -OJI SHANGHAI'S B shares ended down in sluggish trading yesterday, led by Pudong shares, because of overseas selling with investors sidelined on uncertainty, brokers said. The index slipped 0.11 point or 0.22 per cent to 49.96 points on volume of 6.5
      Bloomberg Business News; Reuter; Source: Credit Lyonnais Securities (Asia) Ltd  -  637 words
    • 364 22 AFP QWP Index -7.01 SHARE prices in Taiwan finished 0.1 per cent lower yesterday as late selling wiped out early gains, with paper issues hit the hardest. Investors took profits by selling industrial shares in late trading amid uncertainty over the short-term market outlook, said Lei Pei-yu of Pacific
      AFP  -  364 words
    • Article, Illustration
      824 22 AFP n SET Index -4.73 THAI share prices fell 0.4 per cent as healthy volume boosted by buying support from local investors was held back by profit-taking, brokers said. "The strong buying support from local investors for the last few days brings a lot of profit-taking as most of
      AFP  -  824 words
    • Article, Illustration
      723 22 Reuter P Composite Index -5.46 SHARES recovered slightly by the close yesterday after falling sharply on rumours that President Suharto was ill, brokers said. Government officials denied Mr Suharto was ill but diplomatic sources said he would fly to Germany at the weekend for a medical checkup. Brokers said
      Reuter  -  723 words
    • 426 22 AFP Pi Composite Index +127 SHARE prices closed 0.4 per cent higher on the Korea Stock Exchange yesterday, helped by a technical rebound in select blue chips, dealers said. "The fourth consecutive gain today reflects regained market strength. But still no leading stocks appeared," said a dealer with Daewoo
      AFP  -  426 words
    • 614 22 AFP nAH Ordinaries -1(U HEAVY selling of resource stocks and a softening banking sector yesterday helped drive down Australian share prices 0.4 per cent, analysts said. The All Ordinaries Index lost 10.1 points to 2,225.7. The All Resources Index fell 10.2 points to close at 1,368.6, while the All
      AFP  -  614 words
    • 293 22 Bloomberg Business News n Wellington -&23 The New Zealand Top-40 Share Index fell 8.23 points to 2,120.17 yesterday. Within the index, 19 stocks fell and 19 firmed. Trading was valued at NZ$53.O million. Bloomberg j«u «a coooi ANZ Bank.ng 7.00 unch 4180 Advantages Hldqs 1.60 unch 8000 Air Now
      Bloomberg Business News  -  293 words
    • KUALA LUMPUR STOCK MARKET
      • 7845 23 Bloomberg Business News PI Composi to Index +2J86 STOCKS were little changed as a rise in small-capitalisation stocks offset a fall by Telekom Malaysia Bhd amid concern that greater competition may crimp earnings, traders said. Telekom, the largest stock on the benchmark index, fell
        Bloomberg Business News  -  7,845 words
    • WARRANTS & OPTIONS
      • 3719 24  -  WARRANT WATCH R Sivanithy JUDGING by the events of the past few weeks, Malaysia is still the place to be counters from north of the Causeway are keeping dealers here from nodding off at their terminals. Going by this observation and accepting that fast-moving warrants make
        3,719 words
    • 2437 24 MALAYSIAN STOCKS Cf Of 19M Last Vol 0*V Last Quota Dtv 01* VM Net M Cap Mlgfc Law Stno Company lala COOP) High Law Buyar Sallar H Of W/t $n>H MS 344 5000 AISB50C 394 H 33 394 394 392 402 10 3!3 Ft 4041 IU 84 m
      2,437 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1100 25 TURNOVER (*000) VALUE ('000) M*h> en* TtM Mala Q«* ratal I"**** 17.337 10,803 28.340 70,194 ***** 96.058 nmtcu 5.937 2.708 8.645 52.74# 5,609 57.757 70# 347 1.055 1,853 594 2,447 PropwtlM 3.353 8.084 n.417 18.088 11.187 29.235 «4»*«Mon 397 397 1.097 1.097 MWf* 452 452 1,174 1.174 3J70 5.894 9.2*4
        1,100 words
      • 4765 25 Cf Or M Wt L*«t Vol Day Last Oust* CM* Dlv VM Net Cap Ayg >«■ W» Ml *h rOOOf W» U» mim C'vr P/I $mH Prlct MWffKMLS 5146 ASE NT$K> 200 US- 214 165 1258 AcarSOc US180cd -2 90 181 180 180 182 SON 7.5 IO 11.1
        4,765 words
      • 977 25 Or Or M wt u Ooy L««t Ouo«. Mv Mv YM Nat Ctfi Arq HI* Low StNo Company Stk COOO) Hi* Law Buy or hM, Cw P/C SmTl Prko smm ?f® 2000 A BP HHgs Sc. 224 id 223 3.0 14.2 01 140 0 99 6 232 234 n9
        977 words
      • Article, Illustration
        61 26  -  ®jr Paul Leo GOLDTRON is a buy around $1.00. Yesterday s I-cent decline to $1.07 has brought daily Relative Strength Index into oversold territory. Selling pressure has eased. Yesterday's volume was 600,000 units compared to Wednesday's 563,000 shares. Momentum indicators are still slightly weak but should turn around
        61 words
      • 881 26  -  STOCK MARKET COMMENTARY US markets' lukewarm response cited as reason; focus falls on second liners and Lindeteves- Jacoberg By R Sivanithy [SINGAPORE] Malaysian second liners and Lindeteves-Jacoberg, the local market's latest newcomer, were very much the focus yesterday, capturing most of
        881 words
      • ON THE GRAPEVINE
        • 134 26 A POLISH newspaper has reported that a chimpanzee from the Krakow Zoo earned a 10 per cent return on a three-month investment comprising stocks it chose on the Warsaw bourse, and beating a respectable local brokerage in an investment contest. The chimp, {Carolina, chose five
          134 words
        • 111 26 SMITH Barney's health-care analyst Geoffrey Harris was reportedly lured away in the spring by Montgomery Securities which promised him an estimated US$4 million (555.64 million) annually. But he returned to Smith Barney after only a half-day's work at Montgomery, with an even better multi-year
          111 words
        • 75 26 JP MORGAN yesterday launched a new benchmark for emerging markets investors called the Emerging Local Markets Index (ELMI). The ELMI is for fixed income investors and tracks three instruments Treasury bills, FX forwards and deposits in 10 countries. The countries are Argentina, Czech Republic, Indonesia, Malaysia,
          75 words
        • 46 26 WITH the launch of three new indices on the Stock Exchange of Singapore, one analyst feared that there could come a day when there are so many indices that stocks not in any index would become pariahs and be shunned by investors.
          46 words
        • 69 26 TEMPLETON emerging market guru Mark Mobius said he was glad that guests at the presentation he was giving at the Raffles Hotel on Monday got his name right. He related a telephone call from an investor who asked to speak to "Mr Dubious". The fund manager was also
          69 words
  • Page 15 Advertisements
    • 59 15 Promotion Offer PERSIAN at TRIBAL CARPETS Enjoy an additional special discount when you bring along this Advertisement EjfSffi (Valid from Fri 5-Sun 7 July, 1996) Kashmir Carpet House Pte Ltd (WHOLESALE RETAIL) "//next Blk 6EDempsey Road 'L— gate (°PP- Botanical Garden) Singapore *****8 Tel: 732 0969 Fax: 732 0968 Business
      59 words

  • Page 16 Advertisements
    • 317 16 EXECUTIVE Appointments •TO ADVERTISE CALL TOLL-FREE 1800-741 1883 SINGAPORE F J BENJAMIN HOLDINGS PTE I T 0 The F J Benjamin Group is dedicated to lifestyle concept marketing and has made quantum leaps to remain at the forefront of the fashion industry. Representing internationally renowned fashion labels such as Gucci,
      317 words
    • 87 16 With a histor\ dating back to I I HB, Kvvok Galler> offers professional and personalised services to collectors, corporate PPJ f 4 An unhurried ambience exudes within the gallery in v\hich several thematic halls have been to house a comprehensive collection of ■NiMH Han and Tang Pottery Sculptures. ■RBplH Song
      87 words

  • Page 17 Advertisements
    • 476 17 EXECUTIVE Appointments OCBC Bank, one of Singapore's leading local banks. Is looking for highly motivated and experienced Individuals to fill POSITIONS IN OUR CAPITAL MARKETS DEPARTMENT BONDS SALES TRADING (VICE PRESIDENT) The successful candidate will De resDonslble primarily for supporting the debt origination effort In Singapore with emphasis on the
      476 words
    • 6 17 TO ADVERTISE CALL TOLL-FREE 1800-741 1883
      6 words
    • 25 17 GOLF PLAY 5-26 July excluding w'end P.H. O tiff frels BOOKINGS/DETAILS JB TEL: (02-07)354 4300, (02-07)353 6516 (02-07)353 651 7, (02-07)352 4300 FAX: (02-07)353 8500
      25 words

  • Page 18 Advertisements
    • 114 18 INN I SIMI M I N MAYFAIR, LONDON W.l si'iX T\( 11. \r \i:\\ mn n one two bed apartments High Sccurih: Porterage. Burglar Mann. 4 minutes walk In underground station. ideo Entry Phone. Vw I.ong l easehold. I levant reception area lift. 111-year NIIBC Building Guarantee. Quulih kitchens with
      114 words
    • 770 18 Jh Sank of Hawaii BANCORP HAWAII, INC AND SUBSIDIARIES Consolidated Statements of Income Consolidated Statements of Condition US$ in thouaands USS in thousands except per share amounts Decenfcer3l December 31 1995 1995 Interest Income Asaets Interest on Loans 610.959 Interest-Bearing Deposits 789,050 I"*" Fees 28,560 Investment Securities Income on Lease
      770 words

  • Page 19 Advertisements
    • 65 19 A < i «VAjT "v*% ,\y i> i i w.. t I i.W Bvluari-Bvlgari rings in 18 kl gold with black onyx and with rhodonite. BVLGARI Bangkok Singapore Kuala Lumpur Jakarta Grand Hyatt Erawan Hilton International Shangri-La Hotel Grand Hyatt 254 6325 737 1652 201 8919 326 661 Roma Milano
      65 words

  • Page 20 Advertisements
    • 912 20 7" i FINANCIAL HIGHLIGHTS I I ARAB-MALAYSIAN BANKING GROUP I Year Ended 31 March 1996 I I AMMB HOLDINGS BERHAD ARAB-MALAYSIAN MERCHANT BANK BERHAD I I I II Audited Results* in\?uikL /o I I Audited 1996 1995 0/q I I RM I RM I chan e I I Consolidated In
      912 words


  • Page 22 Advertisements
    • 87 22 I 'WLwwfwjpiww CJ.JU »U.JU 4 Enhan jmpgp I* I Company anniversaries. Official openings. Corporate achievements. Topping-up ceremonies. And other special events. They are a cause for celebration. Use them to increase your company profile by taking out a Special Feature in our group of newspapers. Talk to us! We'll be
      87 words



  • Page 25 Advertisements
    • 61 25 Limited series of hand-made welted shoes Uses fine French Calf leather and traditional crafts-HAND-MADE BY BALLY MANSHIP 200 WORK PROCESSES ON SPECIAL LASTS GIVE A SHOE OF EXCEPTIONAL COM FORT AND LI FE EXPECTANCY Fitted with beech wood shoe trees 1 2-month warranty Complete overhaul within 3 years of buy
      61 words
    • 138 25 To SPH AudioTex Department Singapore Press Holdings Ltd 82, Genting Lane Singapore *****7 Tel: 740-1493 Fax 740-2216 I wish to subscribe to the Quick Stock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period lJ months Q 6 months II 3 months at 5560.00 at
      138 words

  • Page 26 Advertisements
    • 2421 26 Singapore Closing Share Prices 04/07/1996 CLOSE PREV LOW HIGH till## US$ USS USS US$ mill## Jardine Matheson 7.10 7.05 7.10 7.25 ITfifflWl Jardln Strategic 3.20 3.16 3.18 3.20 iTOafJ Daif y Farm 0.865 0.845 0.85 0.865 Hongkong Land 2.26 2.26 2.25 2.27 Mandarin Oriental 1.39 1.41 1.39 1.41 KiilUUlißf Jardine
      2,421 words
    • 432 26 IN THE MATTER OF THE COMPANIES ACT CAP. SO ANO IN THE MATTER Of GRAHAM BYFIELD WATERCOLOURS PTE LTD (la Mtmben Voluntary At on Extraordinary General Meeting I of the Company held at 27 Cantonment Road Singapore *****5 on 30 June 1996 the following special resolutions were passed It was
      432 words
    • 405 26 PETMIN CONSULTANCY SERVICES PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that a Final Meeting of the Members of the abovenamed company will be held at 4 Keng Chin Rd #07-01 Centuryville Singapore *****7
      405 words