The Business Times, 20 March 1999
1999-03-20
1
22
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section11 1999-03-20 1 THE BUSINESS TIMES (P)o4£fe/98 1 SINGAPORE Internet: http://business-times.asial.com.sg/ SATURDAY, MARCH 20,199911 words
-
Article59 1999-03-20 1 O M72JN (+6.92) BT-SRI •OOJI (+3.49) wmsanuTunwes LJ ***** (+1.10) nwiMimrnmcBg Friday Change KLSE COMP ***** 1.43 NIKKEI HI7&7a~-+««086 HANO SENO -11,***** .+43.6 SET INDEX WM L+4.78 JAKARTA COMP _JSi2t _4_+U4 MANILA COMP __2JW1« 17-W TAIPEI WP1 IMBU jUBM SEOUL C0«P ***** +26.24 CWA CHINA B ***** -0.8759 words
-
Article78 1999-03-20 1 FOBEX BATES USI ss US$ 1.724 £(US$/S$ per 1.627 IMS EURO(USS/SSperE) 1.093 1.884 DM 1.7M OJtt YEN 117J 1.4M RM 18M 0.4M HKS 7.7W U» BART 17.48 0.04€ RUPfAH 8386 Mil* 'SttoMmUU FUME BATES SINGAPORE* 5.825 KUALA LUMPUR 11J0 JAKARTA 28.00 BANGKOK 14.75 MANILA 22J0 BONG KONG 1025 TAIPEI78 words
-
Article, Illustration643 1999-03-20 1 Conrad Raj - Strong property sales boost cashflow; collateral for two bond issues topped np By( Conrad Raj [SINGAPORE] Things are looking up at Ng Teng Fong's Far East Group, one of Singapore's largest property developers, with its bankers upgrading its loans and removing themPhoto: Chris Loh - 643 words
-
645 1999-03-20 1 Ang Wan May - $626 psf paid is 8-10% below current selling prices By. Ang Wan May [SINGAPORE] City Developments Ltd has bought the remaining 169 apartments at Li Ka-shing's freehold Thomson 800 for an average $626 psf, or some 8-10 per cent discount to current645 words
-
Article, Illustration425 1999-03-20 1 Carol Eng - By Carol Eng ALL imports of live pigs into Singapore are banned with immediate effect, the government announced yesterday following the death of one local abattoir worker and the hospitalisation of five of his colleagues for brain infection. "This move will remove all possible425 words
-
Article, Illustration469 1999-03-20 1 R Sivanithy - By R Sivanithy [SINGAPORE] For the first time in the local stockmarket, foreign investors looking to gain exposure to a Singapore bank's Local shares will soon be able to do so. Deutsche Bank and DBS Securities will next week launchSource: Bloomberg - 469 words
-
68 1999-03-20 1 [NEW YORK] In sharp contrast to its performance so far this week, the Dow stayed above the 10,000-point mark practically the whole of yesterday morning. At noon EST, the world's most widely watched stock market indicator was sitting at about 10,012, up68 words
-
Page 1 Advertisements
-
Advertisement171 1999-03-20 1 mapb Deep in the red A big jump in interest costs and provision have put Wing Tai Holdings deep in the red for the first half ended Dec 31. The group posted a net loss of $99 million, PgU breakdvwn? The Salim group's failure to anticipate the sharp fall in171 words
-
Advertisement7 1999-03-20 1 M'sia'a viral outbreak turns political, Pg 57 words
-
Advertisement321 1999-03-20 1 v lirlli'f ri rf r >:iT~Sfc. v .-.i J :lS* BP ZZZ: S" Cf mm i; i: tfment as i In Ehtl ffl wrrtW Inspiring views of the Singapore River ind city skyline. That's what Kim tobf Yam Heights has, along with its freehold status and enviable location. o ST321 words
-
Advertisement18 1999-03-20 1 Dow: Something has to give some time, Pg 8 Strong profits to keep Wall Street chugging, Pg 718 words
-
-
SINGAPORE AT HOME & ABROAD
-
437 1999-03-20 2 Marissa Chew, Siow Li Sen - Millennium bug preparations by S'pore financial institutions praised By] Marissa Chew, Siow Li Sen THE bank holidays that the Monetary Authority of Singapore are considering are for the closure of banks and other financial institutions, and are not public holidays. Although in437 words
-
352 1999-03-20 2 Marissa Chew - Steepest fall since Sept reflects slides in all product groups By: Marissa Chew THE retail sales index fell 13.4 per cent year-on-year in January the sharpest fall since September with all product categories registering declines. Excluding motor vehicle sales, the retail sales index352 words
-
318 1999-03-20 2 Marissa Chew - It will offer online financial info services, products By] Marissa Chew FINANCIAL information provider Reuters will commit $7.6 million over 10 years to the Nanyang Technological University's new Centre for Financial Engineering. Reuters will contribute online information services and products like its318 words
-
Article, Illustration278 1999-03-20 2 Teh Hooi Ling - By' Teh Hooi Ling JAPANESE electronics giant NEC Corporation opened one of its two overseas research and development centres for third-generation (3G) cellular phone system here yesterday. NEC joins a growing number of leading companies that have made Singapore the testbed forCHRIS LOH - 278 words
-
385 1999-03-20 2 Audrey Tan - By, Audrey Tan SINGAPORE'S non-oil exports may have contracted an average 7.7 per cent year-on-year in February, as electronics exports remain sluggish in a traditionally slow month. But BT's poll of seven economists found them divided on Singapore's near-term trade prospects,385 words
-
Article, Illustration737 1999-03-20 2 Anna Teo - EYE ON THE ECONOMY By, Anna Teo WHY have the monthly manufacturing and non-oil export numbers been diverging? And should we be looking at trade figures in nominal terms when just about every other economic indicator is in real terms? The mismatch of lateSource: TDB - 737 words
-
Article327 1999-03-20 2 Soh Tiang Keng - By! Soh Tiang Keng AMERICA'S Cisco Systems, the worldwide leader in networking for the Internet, will invest about US$4O million (Ss69 million) in Asia over the next 12-18 months. The company, which was awarded Operational Headquarters status (OHQ) by the Economic Development Board yesterday,327 words
-
227 1999-03-20 2 Toh See Kiat - SATURDAY MAXLBAG Toh See Kiat President Consumer Association of Singapore I REFER to the clarification made by Nets on their e-commerce charges (BT, March 16). Nets is off the mark. I never said Nets charges 4-6 per cent for Internet transactions, nor that227 words
-
Article312 1999-03-20 2 Lily Chang - Lily Chang Director Corporate communications Productivity and Standards Board I REFER to the letter by Lim Lian Hwa, sales director of E-Motive Display Pte Ltd, published on March 13. The Productivity and Standards Board (PSB) undertakes two types of activities statutory activities and costrecoverable312 words
-
Article, Illustration436 1999-03-20 3 Larry Wee - NUSnnit, financial markets association sign HOU on research, training By] Larry Wee JAPAN'S stock and bond markets are set to rally further, and those who want to sell Japanese government bonds (JGBs) might be better off waiting for better levels in the436 words
-
336 1999-03-20 3 Audrey Tan - Temasek to review divestment of its 3 power companies By< Audrey Tan TEMASEK Holdings yesterday called off the tender for a 60 per cent stake in Tuas Power, saying it will now review how to best to divest the three generation336 words
-
Article, Illustration393 1999-03-20 3 Eugene Low - By] Eugene Low ANGLO-Dutch consumer products giant Unilever, which distributes products like Wall's ice-cream and Organics shampoo, will obtain Operational Headquarters (OHQ) status shortly, officials from the company said. Under the OHQ scheme, Unilever will enjoy a 10 per cent concessionaryCHRIS LOH - 393 words
-
-
Page 2 Advertisements
-
Advertisement8 1999-03-20 2 UK clearing banks plan Y2K war-room, Pg 78 words
-
-
Page 3 Advertisements
-
Advertisement9 1999-03-20 3 Japan will recover by May summit: Miyazawa, Pg 49 words
-
Advertisement1348 1999-03-20 3 WING TAI HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Announcement of unaudited results for the six months ended 31 December 1998. GROUP COMPANY Six months ended Six months ended 31 Dec 1998 31 Dec 1997 31 Dec 1998 31 Dec 1997 SS'OOO Ss'ooo SS'OOO SS'OOO 1 (a) Turnover 282.6181,348 words
-
-
ASIA'S ECONOMIC SLUMP
-
Article, Illustration614 1999-03-20 4 Harish Mehta - Foreigners can own residential land in selected areas if they invest in country From. Harish Mehta in Bangkok THE Thai Senate passed landmark amendments to its property laws yesterday that will for the first time allow foreigners to own residential land in selected areas.FILE PHOTO - 614 words
-
543 1999-03-20 4 AFP [BANGKOK] Thailand yesterday put up for auction US$6.2 billion (5510.7 billion) worth of business loans in a second bid to find buyers for assets salvaged from the devastated finance industry. Forty-six loan packages containing a total ofAFP - 543 words
-
472 1999-03-20 4 Harish Mehta - Aim: to raise ops at central bank to world-class levels From\ Harish Mehta in Bangkok AT Kearney yesterday said it had been appointed consultant to the Bank of Thailand (BOT) to support the central bank's restructuring. This makes it the latest to join472 words
-
508 1999-03-20 4 Says govt will spend 15t yen on public works by Sept AFP [TOKYO! Japanese Finance Minister Kiichi Miyazawa pledged yesterday that the world's second largest economy would pull itself out of recession by May, in time for a key Japan-US summit. Mr MiyazawaAFP - 508 words
-
Article, Illustration403 1999-03-20 4 AFP [HANOl] Asean finance ministers vowed to work closely together to ensure South-east Asia's recovery from economic crisis as they launched two days of talks here yesterday, Vietnamese Prime Minister Phan Van Khai warned that while the prognosis for the region's economies was optimistic, thereAFP - 403 words
-
492 1999-03-20 4 League cancels season after TV contract's suspended Bloomberg [TAIPEI] The final buzzer may have sounded for professional basketball in Taiwan as the Asian economic slump catches up with a phenomenon that probably had more to do with tycoons' pursuit of prestige thanBloomberg - 492 words
-
311 1999-03-20 4 Reuters [SEOUL] South Korea yesterday announced a record jobless rate for February, and analysts said the search for employment would get tougher as the pace of layoffs in the restructuring corporate sector picked up. "Large-scale layoffs in non-banking firms and conglomerates will beReuters - 311 words
-
-
REGION
-
Article, Illustration711 1999-03-20 5 Eddie Toh - JAPANESE ENCEPHALITIS VIRUS OUTBREAK Opposition DAP leader hits out at govt; Anwar's wife fails to show np at stricken area From Eddie Toh in Kuala Lumpur THE mysterious viral outbreak, which has claimed the lives of over 50 people and 64,000 pigs inAFP - 711 words
-
Article, Illustration317 1999-03-20 5 JAKARTA London property reported as sold belongs to children Bernama FORMER Indonesian President Suharto stressed yesterday that he wished to die in his homeland and had no intention of escaping to another country. In this context, he denied having any propertyBernama - 317 words
-
192 1999-03-20 5 JAKARTA Reuters AROUND 100 people protested in Jakarta yesterday, calling for top economics minister Ginandjar Kartasasmita to resign over Indonesia's economic crisis. A group calling itself Economic Solidarity with the Indonesian People gathered in the afternoon outside the National Planning Board building, where MrReuters - 192 words
-
NOTE Book
-
65 1999-03-20 5 AFP [WASHINGTON! The United States has urged Myanmar's rulers to grant a visa to the dying husband of opposition leader Aung San Suu Kyi so he can visit her. Military authorities should make a "humanitarian gesture and permit Dr (Michael) Aris to visit hisAFP - 65 words
-
66 1999-03-20 5 Bernama [KUALA LUMPUR] Construction work on the Kuala Lumpur Central railway station here is on schedule with 33 per cent completed by end of last month, Transport Minister Ling Liong Sik here yesterday. Dr Ling said the station, which would link the KL InternationalBernama - 66 words
-
85 1999-03-20 5 AFP [MANILA] Senior officials can still find a solution to the postponed meeting of foreign ministers from the European Union (EU) and the Association of South-east Asian Nations (Asean), Philippine Foreign Secretary Domingo Siazon said here yesterday. He said an upcoming meeting of deputy foreignAFP - 85 words
-
81 1999-03-20 5 AFX-Asia [JAKARTA] Mining and Industry Minister Kuntoro Mangkusubroto has said the government is committed not to increase basic electricity tariffs, as requested by PT Perusahaan Listrik Negara (PLN). Bisnis Indonesia quoted him as saying: "Regarding electricity tariff, the government does not only take into considerationAFX-Asia - 81 words
-
-
210 1999-03-20 5 ■JAKARTA Reuters AT least 59 people have died and thousands been forced to seek refuge after three days of ethnic clashes in the Indonesian part of Borneo, police and media reports said yesterday. The clashes are the latest in violence that has ripped throughReuters - 210 words
-
Article249 1999-03-20 5 Reuters [KUALA LUMPUR] The Malaysian government said yesterday a mysterious new virus has been found in patients who are believed to have contracted Japanese encephalitis in a pig-breeding region where dozens of people have died. Director-general of health Abu Bakar Suleiman told a news conference atReuters - 249 words
-
364 1999-03-20 5 JAKARTA No reasons given for curbs; list includes Wir&nto and the A-G AFP INDONESIAN Information Minister Yunus Yosflah said Ave senior Indonesian ministers had been banned from campaigning ahead of June 7 national elections, newspapers reported yesterday. Lt-General Yosfiah, quoting Development SupervisionAFP - 364 words
-
113 1999-03-20 5 KUALA LUMPUR Bridge News MALAYSIA'S Minister of International Trade and Industry Rafidah Aziz said yesterday that exports of electronics products will grow this year. "It (the growth) will be positive this year," she told reporters, adding that the rise will come on theBridge News - 113 words
-
Article, Illustration452 1999-03-20 6 Loh Hui Yin - Developers most take risks and use profit from housing devt to defray some costs, he says From'. Loh Hui Yin in Hongkong AS controversy continues to mount over the multi-billion-dollar Cyberport project, the government has shot down suggestionsFILE PHOTO - 452 words
-
461 1999-03-20 6 MELBOURNE Govt to introduce laws to ban illegal or X-rated material on Aussie-based sites Reuters THE Australian government proposed yesterday to censor pornography on the Internet, but local service providers said they were helpless to prevent people downloading porn from overseas. CommunicationsReuters - 461 words
-
Article, Illustration45 1999-03-20 6 [SYDNEY] Model Jasmin Lind attracting attention as she lay in a shop window here wearing pearls as part of a publicity stunt yesterday. The 141-year-old jewellers Fairfax and Roberts are showing South Seas and Tahitian pearls as part of an art exhibition. REUTERSREUTERS - 45 words
-
Article, Illustration437 1999-03-20 6 Surinder Singh - It's unhappy with out of quota tariff level and taking case to WTO Frotn\ Surinder Singh in Sydney AUSTRALIA, which exports rice to Japan, will be lodging an objection with the World Trade Organisation over proposed modifications by Tokyo over its437 words
-
322 1999-03-20 6 HONGKONG Foreign rather than HK banks have the larger exposures AFX-Asia THE problems associated with lending to China do not pose a systemic risk to Hongkong's banking system, Hongkong Monetary Authority (HKMA) deputy chief executive David Carse said. "There are someAFX-Asia - 322 words
-
226 1999-03-20 6 SHANGHAI AFP THE central People's Bank of China sacked or demoted dozens of senior commercial bank officials following a recent investigation into the country's bad-loan problem, the official Financial News reported yesterday. At least 69 branch chiefs or top branch officials were foundAFP - 226 words
-
341 1999-03-20 6 MACAU China to give lbc&ti high degree of self-rule: Vice-PM Reuters RELATIONS between Portugal and China will be strengthened by the return of this gambling enclave to Beijing in December, Vice-Pre-mier Qian Qichen said yesterday. He said China would allow Macau aReuters - 341 words
-
ASIA Notes
-
119 1999-03-20 6 AFP [HONGKONG] Hongkong share prices surged nearly 4 per cent to close at a near one-year high yesterday on strong gains on Tokyo market as well as expectation of an interest rate cut, dealers said. "The market is up because of strong gains inAFP - 119 words
-
Article109 1999-03-20 6 AFP [TOKYO] Survivors of the Aum Supreme Truth cult's deadly 1995 Sarin gas attack on the Tokyo subway yesterday warned of the sect's revival, on the eve of the fourth anniversary of the tragedy. Some ISO survivors and their families asked the government to helpAFP - 109 words
-
Article100 1999-03-20 6 NYT [BHUBANESWAR, India] Less than two months after a Hindu mob killed a Christian missionary from Australia and his two young sons here in the eastern state of Orissa, Hindus and Christians clashed in a village this week, and 157 of the 250 Christian homesNYT - 100 words
-
65 1999-03-20 6 Reuters [TOKYO] Japanese Prime Minister Keizo Obuchi is likely to offer South Korea US$l billion (551.72 billion) in loans, perhaps during his current visit there, the Nihon Keizai Shimbun reported yesterday. The loans, to be offered through the Export-Import Bank of Japan, wouldReuters - 65 words
-
-
-
Page 5 Advertisements
-
Advertisement5 1999-03-20 5 Strait Talk TheßusinessTimes Shipping Times5 words
-
Advertisement46 1999-03-20 5 j The New S-Class has arrived... L»i :is ..sr .> L; v. ,"1 .T ?.V I*■.* f I j nuH BMI| Authorised dealer for C&C 209 Pandan Gardens Singapore *****9 (Former C&C Showroom) Tel: *****00 I* T L 0 Mon-Fri: 8.30am-7pm, Sat: 8.30am-spm and Sunday/Public Holiday: 10atn-spm46 words
-
-
Page 6 Advertisements
-
Advertisement8 1999-03-20 6 Mondays The Week Ahead by R. Sivanithy THKBUSINESSTIMES8 words
-
-
THE WORLD
-
764 1999-03-20 7 NEW YORK Earnings outlook brightening for US corpor&tes as economy grows Bloomberg IT'S up, up and away for US corporate profits. That's the view among Wall Street analysts and some investors, and they expect those gains in profit to keep the Dow Jones IndustrialBloomberg - 764 words
-
325 1999-03-20 7 WASHINGTON NYT TREASURY Secretary Robert Rubin told a congressional panel on Thursday that he suspected that much of the US$4.B billion (SsB.3 billion) in loans sent to Russia last summer by the International Monetary Fund "may have been siphoned offNYT - 325 words
-
229 1999-03-20 7 MOSCOW AFP AT least 60 people were killed and more than 100 injured yesterday when a bomb ripped through a market in the southern Russian city of Vladikavkaz, a blast which local authorities branded a "terrorist act". President Boris YeltsinAFP - 229 words
-
326 1999-03-20 7 LONDON Reuters BRITAIN'S clearing banks and the Bank of England may set up a "war-room" on the weekend of the millennium to coordinate their responses to the Year 2000 computer problem, a Y2K planner said on Thursday. The Association of Payments and Clearing ServicesReuters - 326 words
-
391 1999-03-20 7 LONDON AFP RUPERT Murdoch's News Corporation is not only one of the biggest and most diverse media empires in the world, but also an expert tax evader, a report in the Economist weekly said yesterday. Worldwide, in the four years to June 30AFP - 391 words
-
Article, Illustration34 1999-03-20 7 [WASHINGTON] Park Service maintenance workers using a steam gun to clean the statue in the Abraham Lincoln Memorial in Washington on late Thursday. The monument is usually cleaned twice a year. REUTERSREUTERS - 34 words
-
580 1999-03-20 7 WASHINGTON OTC markets work well without regulation, he notes Bloomberg FEDERAL Reserve Chairman Alan Greenspan said the success of non-exchange traded derivatives suggest that US futures markets can operate with less government oversight than exists today. "The fact that the OTC markets functionBloomberg - 580 words
-
Article1808 1999-03-20 7 CITY FU6MT ETA fUCHT Q> SO 325 1540 LM779 2359 AJataMa 8A7381 1930 8A7382 2050 "J™ 1650 W4579 2359 0f81 1930 Of82 2050 gfflg *5° 2359 AN8229 2230 S***** 1650 LH6380 2230 ™M6 JMO som 2230 —o i JUnsttrdMi *1843 0540 XLS44 0105 F t 17301,808 words
-
-
FOCUS
-
Article, Illustration1403 1999-03-20 8 Louis Beckerling - Amidst the Dow Jones' dizzying climb, there are signs that certain fundamental economic and investment laws are about to reassert themselves By: Louis Beckerling [SINGAPORE] THE triumph of American capitalism is nowhere more vividly demonstrated than by the fascinated attention given around the worldSource: Datastream; FILE PHOTO - 1,403 words
-
-
Page 8 Advertisements
-
Advertisement49 1999-03-20 8 The course of true love never did run smooth* With so many beauties on display in The Straits Times Classified daily, it's no wonder our readers are easily tempted. Advertise in the Vehicles section (Classifications 302 to 394). Call C.A.T.S. at 1800-737-1166. CATS. Buy h. Sell h. Find It.49 words
-
Advertisement55 1999-03-20 8 There is no smoke without fire. With so many lucrative business opportunities and services sizzling in The Straits Times Classified daily, it's no wonder our readers are always hungry for more. Advertise in the Business Services/ Products section (Classifications 201 to 266). CaU C.A.T.S. at 1800-737-1166. CATS. I 8 Buy55 words
-
-
EXECUTIVE LIFESTYLE
-
Article, Illustration691 1999-03-20 9 BOOKS Publishers confident despite people spending more on videos than books NYT THE contemporary history of the mass-market paperback in the US dates back to 1939, when Robert de Graff, an ambitious publisher, introduced a line of plastic-laminated books that sold for 25NYT; FILE PHOTO - 691 words
-
Article, Illustration871 1999-03-20 10 KAREN FESSLER - Walt Disney's studio stands to win more than critical acclaim, says fessler KAREN FESSLER Bloomberg WALT Disney Co's Miramax Films knows what it's doing when it comes to the Academy Awards. The movie distributor won 23 Oscar nominations this year, its most everBloomberg - 871 words
-
-
Page 9 Miscellaneous
-
Miscellaneous1602 1999-03-20 9 CRYPTIC CROSSWORD storekeeper(6) 29 CJ* who tteats toes a round- YEOTEJUXAITS SOLUTION ■u—iij 14 Musicians making money, [■Mp|e|o[olo{£l^ A iy| B lft| L l DOWN supported by group (5,4) AMo|gL|ilv|llßMcMp|ll I 2 In favour of suitable percent- p o und to be less habit-form- ing (9) iSffiumrffpMinflTffiTnuLi -on.*..*SMIM Northern team1,602 words
-
-
Page 10 Advertisements
-
Advertisement319 1999-03-20 10 Where to wine, dine and (Slfsssßr 58 51 3 1 "Tunch" ts the best ibr lunch and High tea rolled into one. Which means longer serving hours and even more scrumptious spreads. "Tunch" from 12 noon 4.30pm *15.80 (Adult) *11.80 (Child) "Tunch Karaoke" from 12 noon Bpm *21.80* (Adult) *17.80*319 words
-
Advertisement39 1999-03-20 10 Savour Teochew Flavours from Shantou at Pine Court Chinese Restaurant 1 1 TO 21 MARCH 1999 Lunch: 12.00pm 2.30pm Dinner: 6.30pm 10.30pm Reservations: 831-6262/66 jj C ttSTAUUNT 333 Orchard Road, Singapore *****7. Tel: 737 4411 Fax: 732 2361 I39 words
-
-
COMPANIES & MARKETS
-
Article, Illustration461 1999-03-20 11 David Boey - A nnrnber of real estate assets are up for sale, bat it roles oat firesale prices' By. David Boey [SINGAPORE] A big jump in interest costs and provisions put Wing Tai Holdings deep in the red for the six461 words
-
Article, Illustration759 1999-03-20 11 Lee Han Shih - By Lee Han Shih [SINGAPORE] There is a good chance that Li Fung will return some of listed Inchcape Marketing Services' huge cash hoard to shareholders within the next 24 months, IMS independent directors said yesterday. In a circular to minority shareholders, the three759 words
-
562 1999-03-20 11 Conrad Raj - HOCK LOCK SIEW Conrad Raj IT appears odd that in these days of reforms and liberalisation, the Stock Exchange of Singapore continues to dictate the working conditions and remuneration of employees of its member firms. When it recently reprimanded stockbroking firm Kim Eng562 words
-
580 1999-03-20 11 Ven Sreenivasan - Talk sparked by Salim's failure to anticipate UICTs 44% profit fall By Ven Sreenivasan [SINGAPORE] The Salim group's to anticipate the sharp tiecline in UlC's earnings something which has thrown into doubt the sale of its UIC stake has raised speculation of580 words
-
CORPORATE RESULTS
-
286 1999-03-20 12 [SINGAPORE] Salim-con-trolled food firm QAF yesterday beat analysts' projections, posting a 22 per cent rise in net earnings to $10.8 million for 1998. The company also recorded its highest turnover ever, $404 million, 7 per cent higher than the previous year.286 words
-
Article, Illustration617 1999-03-20 12 Jennifer Lien - 1998 earnings jump 32% despite turnover rising just &2%t*****m By, Jennifer Lien [SINGAPORE] Venture Manufacturing yesterday beat analysts' expectations with a 32 per cent rise in 1998 net profit to $63 million. Analysts polled by Barra's The Estimate Directory had forecast a 24SIEW YAW HOONG - 617 words
-
350 1999-03-20 12 [SINGAPORE] Engineering and property group Guthrie GTS yesterday said earnings for 1998 sank 60 per cent to $9.6 million. Group turnover dropped a hefty $44 million, or 15.5 per cent, to $239 million. Guthrie blamed its reduced profits on "difficult trading conditions" encountered350 words
-
173 1999-03-20 12 Bridge News [KUALA LUMPUR] Golden Hope Group, a Malaysian palm oil concern, said interim net profit jumped 98 per cent to 278.8 mUlion Malaysian ringgit (Ssl26 miUion), for the six months ended Dec 31,1998. The company said the increase in profit was dueBridge News - 173 words
-
Article437 1999-03-20 12 RHB Capital half-year profit also down, to RM474m Bernama [KUALA LUMPUR] Rashid Hussain Bhd (RHB) and RHB Capital Bhd reported operating profits, before provisions, of 222.1 million Malaysian ringgit (*****.7 mUlion) and RM474.3 million respectively for the six months ended Dec 31, 1998, itBernama - 437 words
-
431 1999-03-20 12 Ven Sreenivasan - By Ven Sreenivasan [SINGAPORE] Tuan Sing and its listed subsidiary SPP plunged into the red as the regional turmoil took a heavy toll on their businesses. Tuan Sing blamed provisions and losses in its property and construction businesses for a bottom line431 words
-
465 1999-03-20 12 Rahita Elias - Group also badly hit by hotel investments in S'pore, Vietnam By: Rahita Elias [SINGAPORE] United Overseas Land (UOL) last year suffered a net loss of $4 million after providing for a whopping $72 million fall in the value of its465 words
-
CORPORATE Results
-
83 1999-03-20 12 [SINGAPORE] Taiwan-based venture capital company Hotung Investment Holdings yesterday reported net earnings of NT009.7 million (5531.7 million) for 1998, compared to NT5750.3 million for the 10 months in 1997. However, turnover rose to NTll.ll billion from NT$BO4 million for the March-December 1997 period. The83 words
-
78 1999-03-20 12 [SINGAPORE] Lion Teck Chiang has reported an interim loss of $12.1 million for the six months ended Dec 31,1998, compared to a net profit of $4.1 million the year before. Turnover fell 19.8 per cent to 163.7 million. The company registered a loss78 words
-
Article67 1999-03-20 12 [SINGAPORE] International Factors went into the red with a fall-year net loss of $5.5 million for 1996. Turnover rose 3 per cent to $34.1 million. It reported a loss per share, on a fully diluted basis, of 53 cents, compared to an earnings per share67 words
-
67 1999-03-20 12 (SINGAPORE] Teck Wah Paper Products has posted a huge rise In full-year net profit to $1.4 million for 1998, from only $37,000 in 1997. Turnover, however, fell 3 per cent to $S&3 million. Earnings per share on a fully diluted basis rose to67 words
-
61 1999-03-20 12 jy m V [SINGAPORE] Eagle Brand Holdings yesterday posted a rise in net profit of 67 per cent to 251.2 million yuan (Sss2 million) for the year ended Dec 26. Turnover jumped 16 per cent to 1.13 billion yuan, while earnings per61 words
-
Article58 1999-03-20 12 [SINGAPORE] Enersave Holdings has announced full-year earnings of $4.7 million for the period from its date of incorporation on Sept 27,1997, to Dec 31,1998. Turnover was $67.4 million. Earnings per share on a fully diluted basis was 5.38 cents, and the company has declared a first58 words
-
43 1999-03-20 12 [KUALA LUMPUR] Gamuda reported a 28.4 per cent rise in net operating profit to 89.38 million Malaysian ringgit (5526.9 million) for the six months to Jan 31. Earnings per share rose to 20.5 sen firom 16 sen.43 words
-
-
-
COMPANIES
-
Article, Illustration387 1999-03-20 13 Quak Hiang Whai - Re vamped board has 13 members, down from 19; Fqji Bank withdraws its reps f-Yom Quak Hiang Whai in Hongkong HAVING secured at least 80 per cent of Kwong On Bank shares, DBS Bank has put in six ofFILE PHOTOS - 387 words
-
458 1999-03-20 13 Reuters [HONGKONG] HKCB Bank Holding Company Ltd yesterday became Hongkong's first banking firm to sink into the red, posting a 1998 net loss of HK5646.41 million (*****.5 million) and revealing the highest percentage of nonperforming loans among local banks. The lossReuters - 458 words
-
COMPANY Briefs
-
25 1999-03-20 13 [SINGAPORE] Metalock (Singapore) has applied for a transfer to the main board of the stock exchange from Sesdaq.25 words
-
56 1999-03-20 13 AFX-Asia [SINGAPORE] Thakral Corporation has bought a 60 per cent stake In a China joint venture, Zhonglu Intelligent Audio Video Co Ltd, (Tom Its Hongkong partner. Zhonglu has a nationwide licence to distribute audio and video software products in China and will be renamedAFX-Asia - 56 words
-
Article75 1999-03-20 13 [SINGAPORE] SMB United has tied up with computer software owner Aw Yong Hock to carry on computer systems business. It will sell Mr Aw 30 per cent of SMB Computer Systems for $l and appoint him managing director of the unit which has a75 words
-
Article43 1999-03-20 13 AFX-Asia [KUALA LUMPUR] PACB Bhd unit Alpha Terrace Sdn Bhd is to dispose of its 55 per cent stake in Hangzhou Tonghong Development Co Ltd to Tonglu Transportation Investment Co Ltd for 35.7 million yuan (857.4 million).AFX-Asia - 43 words
-
38 1999-03-20 13 Reuters [SHANGHAI] China Eastern Airlines, after warning of a loss for 1998, said it expected to return to profit this year, aided by lower costs and easing of a fare war. ReutersReuters - 38 words
-
41 1999-03-20 13 AFX-Asia [HONGKONG] China Telecom (Hongkong) Ltd plans to announce changes In Its senior management soon. Chairman Shi Cuiming will be replaced by Wang Xiaochu. Mr Shi will be the deputy president of China United Telecommunications Corp.—AFX-AsiaAFX-Asia - 41 words
-
-
Article, Illustration1140 1999-03-20 13 Loh Hui Yin - HE developer buying into UIC luiown as good bargain-banter From Loh Hui Yin in Hongkong IF there's one trait that distinguishes medium-sized HKR International from other Hongkong property developers, it is its conservatism. And this has served it well. At a time when1,140 words
-
648 1999-03-20 13 Toh Han Shih - From' Toh Han Shih in Hannover CREATIVE Technology chairman Sim Wong Hoo displayed Creative's new MP3 player at the CeBIT '99 trade fair in Hannover on Thursday. Mr Sim is betting big on the new fad for downloading music over the Internet,648 words
-
472 1999-03-20 13 Analysts expect developer's net to slide on interim exceptional losses Reuters [HONGKONG] Cheung Kong (Holdings) Ltd is expected to post a slide of about 62 per cent in 1998 net profit with exceptional losses, taken at the interim stage, coming after large exceptional gainsReuters - 472 words
-
127 1999-03-20 13 Fan Kow Hin - LETTER TO THE EDITOR Fan Kow Hin General manager Planning and Business Development Division DBS Land I REFER to Peter Leesinsky's letter ("DBS Land apology is not enough", BT. March 18). When Dr Han Cheng Fong mentioned at the announcement of our 1997 results127 words
-
-
Article3933 1999-03-20 14 Net earn CM NattteelEMC Mir 3 P 66.606 36.088 17.1 116 Da* TV IV TV LV Mppecraft Mar 2 P 4.H6 0.416L 120 02L Cawpaay a— <$»») <«*«) tctt) Nat Broadway Mar 18 P 24.173 17.475 17.9 110 MM Feb, P 1.964L 2.1651 ML** EE?"*!?!! Armatrong3,933 words
-
INTERNATIONAL COMPANIES
-
Article, Illustration530 1999-03-20 14 TELECOM TAKEOVERS 150b yen deal likely by March 31: report, but Japan telco says nothing has been decided Bloomberg, Dow Jones [TOKYO] AT&T Corp, the US' largest telecommunications carrier, and British Telecommunications Pic, the UK's biggest, are in the finalBloomberg,; Dow Jones; Source: Bloomberg - 530 words
-
Article, Illustration510 1999-03-20 14 British Telecoms rules itself ont as a "white knight' Reuters [LONDON! Olivetti SpA mounted a whirlwind charm offensive on London-based Telecom Italia shareholders on Thursday, fishing for backing for its US$5B billion (SSIOO billion) hostile bid and picking holes in Telecom's defence. TheReuters; REUTERS - 510 words
-
Article, Illustration525 1999-03-20 15 Deal comes hours before Gucci meets LVMH, now checking if move is legal AFP [PARIS] Gucci yesterday announced a surprise link-up with retailer Pinault-Prin-temps-Redoute in a last-min-ute move aimed at escaping the clutches of acquisitive French luxuryAFP - 525 words
-
Article, Illustration326 1999-03-20 15 Bloomberg [REDMOND. Washington] Microsoft Corp said it will offer an update to its Windows 98 computer operating system by the fourth quarter in a move that analysts said buys time for the No 1 software maker's Windows 2000 system. Microsoft chairmanBloomberg; REUTERS - 326 words
-
164 1999-03-20 15 Bridge News [WASHINGTON] Microsoft is offering two free software programs on its Internet site to strip out an identifying number that could be used to trace the authorship of some electronic documents. One program is a small patch to repair the problem and prevent theBridge News - 164 words
-
WORLD Briefs
-
113 1999-03-20 15 Bloomberg [SAN JOSE, California] VLSI Technology Inc rejected a US$777 million (Ssl.3 billion) bid from Royal Philips Electronics as inadequate and said it will pursue options that include selling the semiconductor maker to another company or negotiating with Philips. Philips made an unsolicited bidBloomberg - 113 words
-
Article89 1999-03-20 15 Bloomberg [BEAVERTON, Oregon) Nike Inc, the world's top maker of athletic shoes and clothing, said fiscal third-quarter profit rose a more-than-expected 70 per cent as it cut costs. Net income rose to U*****.2 million (213.6 million), or 44 cents a share, from US$73.lBloomberg - 89 words
-
94 1999-03-20 15 Bloomberg [NEW YORK] AT&T Corp expects to have a profit of US$3.2O to US$3.3O a share in 1999 as it cuts costs faster to offset dilution from its new cable business. Chief executive C Michael Armstrong said the company can still meet the earningsBloomberg - 94 words
-
59 1999-03-20 15 Bloomberg [HANOVERJ Lucent Technologies, the world's biggest phone-equipment maker, unveiled software that lets Internet users take phone calls on the same line that they're using to access the Web. The software, called Online Communications Center, will be available in the second quarter. Pricing willBloomberg - 59 words
-
-
324 1999-03-20 15 French gronp eyes markets, Japanese firm needs cash Bloomberg [TOKYO] Nissan Motor Co. said it wUI decide on whether to accept Renault SA's estimated 32 billion French franc (559.2 billion) bid for a 35 per cent stake in Japan's NoBloomberg - 324 words
-
270 1999-03-20 15 Change of strategy unveiled as it posts SFrlJ>sb 1998 profit Bloomberg [BERN] Swisscom AG, Switzerland's No 1 phone company, said it will sell stakes in Malaysian and Indian phone companies for a 519 million Swiss franc (Ss6l2 million) loss, and plans toBloomberg - 270 words
-
-
FINANCE & COMMODITIES
-
Article, Illustration608 1999-03-20 16 Chairman dangling CEO post to draw Wall St partner; Merrill said to be rethinking merger Reuters (NEW YORK] The top executive at Chase Manhattan Corp is stepping up efforts to buy a major investment bank and has offered the CEO slot atReuters - 608 words
-
SMALL Change
-
100 1999-03-20 16 Bloomberg [TOKYO] Max Chapman, the highest-ranking American at Nomura Securities Co and the chairman of the company's overseas operations, will leave his post after a decade with Japan's biggest brokerage, the company said in a release. Under Mr Chapman, who Joined Nomura in 1968 fromBloomberg - 100 words
-
Article74 1999-03-20 16 Bloomberg [SYDNEY] Colonial First State, one of Australia's fastest growing investors, was named Fund Manager of the Year for 1998 by Money Manager fortnightly industry magazine. Merrill Lynch Mercury Fund, owned by Merrill Lynch Co, and Commonwealth Financial Services, owned by the Commonwealth Bank ofBloomberg - 74 words
-
80 1999-03-20 16 Bloomberg [NEW YORK] Morgan Stanley Dean Witter Co gave its risk management unit authority to monitor its asset management business after losses in a hedge ftind hurt third-quarter earnings. It also appointed a new head of company risk management, Lisa Polsky, to replace the retiringBloomberg - 80 words
-
Article90 1999-03-20 16 Bloomberg, AFP [SYDNEY] AMP Ltd, Australia's biggest life Insurer and fund manager, said It will scout for business opportunities in India, joining others lining up. Sydney-based AMP Joined Unit Trust of India to seek investments in infrastructure, banking and life insurance. AMP and others though,Bloomberg,; AFP - 90 words
-
56 1999-03-20 16 Reuters [MELBOURNE] Australia's biggest steel producer The Broken Hill Pty Co Ltd said yesterday it was concerned about moves by the US to restrict steel imports. A BHP spokesman said the proposed legislation raised the threat that steel imports from Australia to a BHP plantReuters - 56 words
-
59 1999-03-20 16 AFP [BOMBAY] India's new gold deposit scheme could attract significant amounts from private stockpiles into productive use, dealers said yesterday. Finance Minister Yashwant Sinha's budget for the year beginning April 1 unveiled a tax-free gold deposit scheme, by which a part of the country'sAFP - 59 words
-
-
391 1999-03-20 16 ANZ, Westpac seen as potential buyers; bids expected togonptoAs2b Bloomberg, Reuters [NEW YORK] Deutsche Bank AG, which is purchasing Bankers Trust Corp for US$lO.l billion (5517.4 billion), said the two banks agreed to sell BT Funds Management, the Australian fund management unit.Bloomberg,; Reuters - 391 words
-
Article267 1999-03-20 16 Bloomberg [LONDON] Robert Fleming Co chairman John Manser denied a report that Commerzbank AG, Germany's fifth-largest bank, offered to buy a majority stake in the London-based investment bank and fund manager. "We are not having any negotiations with Commerzbank or with anyone else," said Mr Manser.Bloomberg - 267 words
-
Article, Illustration424 1999-03-20 16 Euro/UBs: Euro/US$ started the week on a weak note, sliding to a low of 1.0613 on Tuesday before springing back to life with a rally to a high of 1.1070 on Thursday. It was seen trading around 1.0985 yesterday morning. The short-term technical outlook is mixed requiringSource: DBS Bank - 424 words
-
Article271 1999-03-20 16 Bloomberg [NEW YORK] Lehman Brothers Holdings Inc, the fourthbiggest US securities firm, said fiscal first-quarter earnings rose 13 per cent, led by revenue from trading and commissions as bond and stock markets rallied. Net income for the quarter ended Feb 28 rose to US$2ll millionBloomberg - 271 words
-
113 1999-03-20 16 Reuters [LONDON] A survey of the UK's largest businesses shows that over 45 per cent of respondents do not expect any insurance premium increases in the next 12 months, insurance broker Aon said in a statement yesterday. Aon's 1999 Sixth Biennial RiskReuters - 113 words
-
105 1999-03-20 17 Edward Cheung, Jardine Fleming - SOKESLReports WCfff TnAw Edward Cheung, Jardine Fleming THE MSCI Singapore Index futures continued their rise yesterday, in line with higher regional markets as well as buying interest in the property and banking sectors. However, market sentiment remained cautious ahead of corporate results as weU105 words
-
179 1999-03-20 17 Vincent Ngiam, Refco Singapore - MSCX Taiwan (Mores Vincent Ngiam, Refco Singapore THE Simex MSCI Taiwan Stock Index ftitures contract surged 5.6 points yesterday, establishing a new high for the year at 308.9. The market was encouraged by overnight gains in US Dow Jones and Nasdaq. The179 words
-
365 1999-03-20 17 ENERGY REPORT Reuters [LONDON] World oil prices ticked sideways yesterday in preparation for an Opec meeting next week which will ratify an agreement on new supply limits. London futures for benchmark Brent traded one cent a barrel lower atReuters - 365 words
-
Article331 1999-03-20 17 Bloomberg Reuters, I fTMlliffl TOKYO'S rising stocks fired the yen yesterday, driving the Japanese currency back up to a one-month peak against the US dollar, analysts said. As of the European midsession the dollar was struggling near the low of 116.90 yen it slumped to in early trade,Bloomberg; Reuters, - 331 words
-
Article, Illustration1173 1999-03-20 17 HHhtk MMI > a yr. Stat 1 3»« Long >3 yn PtTBRBAMK CROSS KATBS Maria AS C$ imk fart Or Dw Htt Yon Won Mi ttSNfcts N» 11 i!$ 9M Hmt \M AustraHa 0.954 4178 0.575 1774 1.125 4571 26.*****.647 0.739 7475 2288 1164 ***** ***** 1564 19M 0.919 20J051,173 words
-
Article1567 1999-03-20 17 SICOMPPTPEBS Mar 19 RMKI clostoQ rn at SJOpw) KSS1 CONTRACTU CMtoAq) OMt VafcN» Opts Month INph taw *att ftwwM) fctomt tar 99 »425 150 iter 99 105.00 775 J«a 99 106.50 250 M/Stp 99 »925 M0 Oct/Dac 99 184)0 525 Jan/Mar 00 WJO RSS 3 CONTIACT (US cwta/kq) Vataaa Opan1,567 words
-
-
Article, Illustration1296 1999-03-20 18 AFP yiHtngSeag *4216 SHARE prices surged nearly 4 per cent to close at a near one-year high yesterday on strong gains in the Tokyo market as well as expectations of an interest rate cut, dealers said. "The market is up because of strong gains in Tokyo and expectations ofAFP - 1,296 words
-
Article, Illustration548 1999-03-20 18 Reuters fl Shenzhen Blnda -&07 SHENZHEN'S domestic A shares ended stronger yesterday and hardcurrency B shares bounced back from a sharp intraday, boosted by rumours of a cut in yuan interest rates, analysts said. The B index eased 0.07 point, or 0.13 per cent, to 47.50, but recovered fromReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 548 words
-
Article352 1999-03-20 18 AFP HwPMwt ****** TAIWAN'S stock market continued its upward movement yesterday, rising 1.5 per cent on sharp Wall Street overnight gains, analysts said. The benchmark Taiwan Stock Exchange Weighted Price Index rose 102.28 points to 6,997.29, the highest level this year, after touching the 7,000-point level in mid-ses-sion. BrilliantAFP - 352 words
-
Article2111 1999-03-20 18 LONMM Ifcg N—a 31 Group 6-26 0.04 AMod Domocq 4.66 -0.02 Allied Zurich 8.55 -0.02 Anglo MM Gold 23.40 -0.20 ASDA Group 1.46 0.06 A B Foods 439 0.06 A B Porti 2.80 unch Bank of Scotland 8.33 0.18 Barclay! 17.80 -0.03 Bass 9.20 0.23 BG 1582,111 words
-
Article1596 1999-03-20 18 AFP Qwkkdaas ♦nm SHARE prices In Tokyo jumped 4.2 per cent yesterday to hit an eight-month high, encouraged by a record finish on Wall Street the previous day, brokers said. The Nikkei stock average of 225 leading issues rose 660.86 points to end at 16,378.78. "Securities firms' trading onAFP - 1,596 words
-
KUALA LUMPUR STOCK MARKET
-
Article8507 1999-03-20 19 INDUSTRIALS Cmhmmt priMi Last Vol Day Nat Cap Mlgfc Law Company Sal* *h 'OOO High Law P/C $mll 310 270 A|inomoto 272 15 0 110.2 83 59 Angkasa 59 1.5 2 59 59 87.0 283 220 Apollo food Hlg 220 7.7 88.0 204 131 Bar)ayaLand 131 -2 52 133 1318,507 words
-
Article, Illustration420 1999-03-20 19 AFX Asia Q Composite Index -L 43 SHARE prices closed slightly lower on continued light foreign selling amid a lack of new leads, dealers said. However, speculation of an interest rate cut led to some buying activity in select bank stocks, they added. TheAFX Asia - 420 words
-
-
WARRANTS, OPTIONS & REGIONAL MARKETS
-
Article1928 1999-03-20 20 MMDS, LOAM ft WAMANTS m S2-*k LmI Vol Day Last Owota Avg High Lh Stiw Camp any Salt COOO) High Law Buyar SaMar Prtca 18 3 3160 "Acar ******1 US$ 13.5 *1 87 13.5 13 12.5 13.5 35 4.5 3164 Acma ******4 16.5 unch 185 16.5 16.5 16.5 17 171,928 words
-
213 1999-03-20 20 R Sivanithy - WARRANT WATCH -By R Sivanithy WE'LL continue our focus on covered warrants, mainly because in all honesty, this is where there is real value to be found. It's unfortunate that the market doesn't see it this way most covered warrants are languishing in213 words
-
Article217 1999-03-20 20 H0M6K0N6 STOCKS Or Or S2-WH Last Vol Dry Last OuoU ON DK W M M Cm High Law Stna Ca«n»a"V Ut» fOOO> Mt» Law twyaf Sa—f Cw W >md 217.5 173 5123 COL (2000) MK 217.5 cd *7.5 20 217.5 217.5 220 230 8 2.4 17 IU 4211.2217 words
-
Article, Illustration714 1999-03-20 20 AFP Composite Index *&34 INDONESIAN share prices closed 1.6 per cent higher yesterday with big caps extending their gains amid signs of foreign Interest and regional market strength, dealers said. A dealer at a European brokerage said active trade in most big caps showed that some foreign investors seeAFP - 714 words
-
Article, Illustration890 1999-03-20 20 AFP SET Index +4.78 SHARES rose 1.3 per cent at the close yesterday with buying concentrated on banks and finance companies following this week's passage of key economic bills, dealers said. Dealers said the market took heart in rumours that ratings agency Moody's was about to upgrade the ThaiAFP - 890 words
-
Article325 1999-03-20 20 AFP Q Manila -17.59 PHILIPPINE share prices closed 0.9 per cent lower yesterday due to profit-taking, following the run-up in the last three days, analysts said. The Composite Index fell 17.59 points to close at 2,006.46 points. Turnover rose to 711 million shares worth 2.51 billion pesos from 395AFP - 325 words
-
Article414 1999-03-20 20 Bloomberg AFP f% Composite Index +2534 SOUTH Korean share prices closed yesterday 4.4 per cent higher on active bargainhunting after recent steep falls, buoyed also by the rally on Wall Street, dealers said. The Korea Stock Exchange Composite Index rose 25.24 points to close at 604.22. "The two biggestBloomberg; AFP - 414 words
-
Article658 1999-03-20 20 AFP All Ordinaries +lluB AUSTRALIAN share prices gained 0.6 per cent yesterday, buoyed by Wall Street, brokers said. The All Ordinaries Index climbed 16.8 points to 2,964.5. Turnover totalled 417.04 million stocks worth A 51.14 billion with rising stocks outnumbering falls 607 to 577. The All Industrials Index roseAFP - 658 words
-
Article294 1999-03-20 20 AFP FiVePington +1L52 NEW Zealand shares edged 0.5 per cent higher yesterday, but the market appeared to have run out of its limited puff, dealers said. The NZSE-40 Capital Index closed up 11.52 points at 2,152.95. Volume was worth NZ$B5.B million AFP Writ COOOI Advantage HOS 1.35 0 05AFP - 294 words
-
-
6387 1999-03-20 21 Transaction date: M.u 10 6c Of M art M Lilt Val Day Last Owete Mv Wv VM Nat Cap Avg HUfc Lew »tNe Clip any »ala COOP) Nig* lw Bwyar 6a6er Cw P/I «awS PHca 142 17.5 mt 1000 AcmaSOc 70 *0.5 344 726,387 words
-
Article1182 1999-03-20 21 Or Or mm 32-Wk LMt Vtf Bay last Ovate Wv Mv YM MM Cap A** M>» L— StMa Clip any I* OOP) H>0l U» 8wyar Mw CV M $m8 Wg 219 30 8 2049 *ASAuta10c 89 *1 1323 89.5 88 MJ 89 ISN 7 tT 8.4 101.6 89 7931,182 words
-
STOCK EXCHANGE OF SINGAPORE
-
Article316 1999-03-20 22 Unfa Hotunq In* NT5 20,972,000 UIC 11,986,000 S F1imoc» *t99 H,738,000 U1C Wt99 9,139,000 CM Telecom HK75c 6,180,000 SingTel 15c 5,538,000 HKLaodUSlOc 5,412,000 STEnggWc 5,365,000 MryfUS5e 5,328,000 OSSUnd 4,583,000 Mwh I SPH 57,793,685 OCBC Foreign 33,243,263 DBS Foreign 28,962,726 SIA Foreign 23,460,481 UOB Foreign 18,872.300 OCBC 18,833,950 008 Foreign 13,800,300316 words
-
Article, Illustration615 1999-03-20 22 R Sivanithy - Banks provide interest as index gains 7 pts after trading in a narrow band for most of the day STOCK MAUBT COMMENTARY By R Sivanithy HUGE activity in the North Asian markets yesterday failed to stir any major interest here, although615 words
-
ON THE GRAPEVINE
-
Article135 1999-03-20 22 IT looks like the Malaysian stock market may be warming to listed financial group Commerce Asset-Holding Bhd (CAHB). Just yesterday, its shares surged 22 sen or 6 per cent to RM3.84. Dealers say there are reasons for the sudden interest. For one, the group is135 words
-
Article87 1999-03-20 22 NON-FRENCH employees of the three French banks currently bogging global news headlines are more fearful than most when faced with the prospect of their companies being taken over. It seems French nationals working in French companies are almost impossible to sack because of the French tradition of87 words
-
Article98 1999-03-20 22 READERS who have an entrepreneurial streak and who are thinking of a change pf vocation in this recession might want to consider running a "well-known" restaurant chain. The licence to run Spageddies Italian Kitchen, described in a sales notice yesterday as a "profitable well-known restaurant98 words
-
Article86 1999-03-20 22 EATERIES and food outlets here that specialise in pork products are expected to be in a quandary after the government announced a ban on the import of live pigß from Malaysia yesterday. Although some hawkers and food establishments are expected to be hit by this ban,86 words
-
-
Article, Illustration66 1999-03-20 22 Ven Sreenivasan - -By Ven Sreenivasan UIC Ltd, whose latest earnings breach a condition of the sale of Salim group's UIC stake to HKR International, saw active trading yesterday. However, the stock could be stuck at current levels unless there is a tussle for the company between its two major shareholders.66 words
-
-
-
Page 11 Advertisements
-
Advertisement810 1999-03-20 11 More corporate results on Pg 12 LI FUNG DISTRIBUTION (SINGAPORE) LIMITED (Incorporated in the British Virgin Islands) VOLUNTARY CASH OFFER FOR INCHCAPE MARKETING SERVICES LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT OF LEVEL OF ACCEPTANCES Further to the announcement on 8 March 1999, The Development Bank of Singapore Ltd810 words
-
Advertisement10 1999-03-20 11 Wm oooiew vtlem pay off for HKR again?, Pg 1310 words
-
-
Page 13 Advertisements
-
Page 15 Advertisements
-
Advertisement1438 1999-03-20 15 INTERNATIONAL FACTORS (SINGAPORE) LTD (Incorporated in the Republic of Singapore) FULL YEAR FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT The Board ot Directors of international Factors (Singapore) Ltd wishes to announce the following unaudited results of the Group and of the Company tor the year ended 31 Decerrtoer 1998. sSS '"sr u,1,438 words
-
-
Page 16 Advertisements
-
Advertisement23 1999-03-20 16 EXECUTIVE Xifestyk Dont leave Q_ the office A/i without them Ever V Friday -in THE BUSINESS TIMES. y reading for your long weekend.23 words
-
-
Page 18 Advertisements
-
Advertisement10 1999-03-20 18 HOCK LOCK SIEW Takes you behind the news TheßusinessTimes SIHOAPOBB10 words
-
-
Page 19 Advertisements
-
Advertisement31 1999-03-20 19 Classified First. Looking for a holiday destination? geMng away from it all? Check The Straits Times Classified First. x a< Sf#' wT i CATS. 4 Buy ft. Sdk. Find It 531 words
-
-
Page 20 Advertisements
-
Advertisement62 1999-03-20 20 IftfiMfr- ■x. -V -••"> *.-?<&*• -r ~> *f^vr; r 7.■*v v *^4 J *-%"4SSL}!r fr^"-' *»SFJ y' Hello, I saw your /tm A i\ was advertisement in a nice surprise. I The Straits Times Classified, j owers J \Thank you.J Buying or selling through VTJML HUg, HikedT J The Straits62 words
-
-
Page 21 Advertisements
-
Advertisement5 1999-03-20 21 Roy Eastern MfilSSfl HHHMI^^^^I ■iiiailiß5 words
-
-
Page 22 Advertisements
-
Advertisement1172 1999-03-20 22 DBS investor Onhne. You ve read about it, now near us on Newsßaclio 938, Mon-Fri, from 8.22 am. >I<l )|SSBANK I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 i "uur aaugnter was reunited witn ner dog on the very day the ad appeared!" Mrs Christine Low...1,172 words
-