The Business Times, 1 June 1999
1999-06-01
1
42
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The Business Times
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Title Section11 1999-06-01 1 THE BUSINESS TIMES 85c SINGAPORE Internet: http://business-times.asial.com.sg/ TUESDAY, JUNE 1, 199911 words
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Article62 1999-06-01 1 sn rtoajM+o.lB) □IT-SK ***** (-2.85) SOC9CIFUTTJIES 2MJO (-0.10) gf ■LMETMOODe STOCK MAUFT INDICES Monday Change KLSE COMP 743.94 4.99 NIKKEI 16,111.66 +***** HANG SENO 12,147.12 +87.87 SET INDEX dosed JAKARTA OOMP 585.24 +169 MANILA OOMP —3,419.83 +2756 TAIPEI WP1 *****7 -1(0.13 SEOUL OOMP 736.02 +178 ClfiA CHINA B62 words
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Article77 1999-06-01 1 FOBEX KATES uss ss OSI 1.727 £(l'S$/S$ per —1.906 1771 EURO(USJ/S$perE) 1046 1409 DM 1.870 0524 YEN 121.4 1.422* KM 1800 0.454 HKI 7.755 0123 BAffT 17.19 ***** JHJPIAH 8.123 0.021 St to ite units PUKE BATES SINGAPORE* 5.828 KUALA LUMPUR 111® JAKARTA SMI BANGKOK 14.76 MANILA AW HONGKONG77 words
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Article, Illustration822 1999-06-01 1 Shoeb Kagda - Much hinges on who wins and how the losing parties react to their defeat From Shoeb Kagda in Jakarta TRADING volumes on Indonesia's main bourse have plunged as investors nervously await the outcome of the June 7 elections. Stockbrokers say the result isCompiled by BT - 822 words
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Article, Illustration495 1999-06-01 1 Jennifer Lien - By, Jennifer Lien [SINGAPORE] Several penny stocks shot through the roof yesterday, as punters jumped upon all manner of rumours to ramp up their prices by as much as 70 per cent. The activity led to several queries by the Stock ExchangeSource: Bloomberg - 495 words
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445 1999-06-01 1 Marissa Chew - Analysts cite higher prices, fewer new project launches Marissa Chew [SINGAPORE] Sales of new private residential properties by major property developers slowed to about 450 units in May, no thanks to higher prices and a dearth of new launches. In April,445 words
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249 1999-06-01 1 Sources say deal may be announced as early as this week Bloomberg [SINGAPORE] Allied Irish Banks pic, Ireland's largest bank, is in talks to buy about a quarter of Singapore's Keppel Tat Lee Bank, people familiar with the negotiationsBloomberg - 249 words
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371 1999-06-01 1 Consolidation picks up in battered KL broking industry Bloomberg [KUALA LUMPUR] Kuala Lumpur City Corporation Bhd (KLCCB), a financial services company linked to Malaysian Finance Minister Daim Zainuddin, has proposed taking over six brokerages managed by a state body set up toBloomberg - 371 words
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Page 1 Advertisements
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Advertisement140 1999-06-01 1 mnu*u f*. i i i surprise winner The low-key owner of Leisure Park in Kallang, Han Chee Juan, has beaten 10 other listed companies, to clinch Waterbank Properties' Garlick Ave site, for $71m, Pg 17 I«KMi fef lbbfriß? Malaysia's controversial capital controls rescued neighbouring Asian economies, a senior central bank140 words
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Advertisement153 1999-06-01 1 1 Allow to himself vTflf -qm 6 Whatever the sentimerl J against Pak Harto, I thlnlfflPr MP on© should allow him legal advice, on the I of presumption of W M innocence. We should F J allow him to defend F himself. The court should be independent. Otherwise we can153 words
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Advertisement20 1999-06-01 1 BHlion-$ club Starting today, a monthly update of the market capitalisation of the 353 SES-listed companies Full report, Pg 1720 words
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SINGAPORE AT HOME & ABROAD
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613 1999-06-01 2 Carol Eng - Jane rate seen highest for year but hoteliers say impact not significant Heport.s by Carol Eng THE Rotary convention and Indonesian elections are expected to lift June occupancies of hotels to their highestever for the year, but not to the extent613 words
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235 1999-06-01 2 AN average of more than 1,000 gazetted hotel rooms are expected to come on-stream per year for the next five years till 2003. According to latest statistics from the Singapore Tourism Board (STB), the total supply of rooms at gazetted hotels235 words
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334 1999-06-01 2 Ang Wan May - CB Richard Ellis plans to hold monthly auctions By Ang Wan May A CHINATOWN boutique hotel and a freehold Tanglin bungalow are looking to fetch some $8 million each in an auction this Thursday. The 45-room boutique hotel, Regal Inn, is334 words
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Article, Illustration291 1999-06-01 2 Clarissa Tan - EYE ON THE ECONOMY Bank loans Clarissa Tan OUTSTANDING loans extended by banks grew month-to-month in April after a four-month slide, suggesting a bottoming-out of the commercial lending market. Latest figures from the Monetary Au- thority of Singapore show that loans totalled $148.8 billion, upSource: MAS - 291 words
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Article, Illustration88 1999-06-01 2 nter V9 tior al management arm ofßaffles Holdings which is owned by listed DBS Land, has been granted Business Headquarters (BHQ) status. Singapore Tourism Board chief executive Yeo Keeleng Qefl) presented the BHQ status award to Richard Heifer, chairman of Raffles International, yesterday. The awardLIANHE ZAOBAO - 88 words
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388 1999-06-01 2 Ang Wan May - By. Ang Wan May IMPROVING property market sentiment and poor hotel business have led to the closing of the Marco Polo Singapore five months earlier than planned. The 31-year-old hotel will cease operating on July 31 instead of end-December. Mainboard-listed Marco Polo388 words
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198 1999-06-01 2 Mohd Kassim bin Ahmad via Internet - MAXLBAG Mohd Kassim bin Ahmad via Internet I WISH to reply to Ethan Chow's response, "Clob saga adds to Malaysia's sovereign risk" (BT, May 25), to my letter. It would appear that Mr Chow is still in a state of denial. I have already said that198 words
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Article164 1999-06-01 2 Alan Wong Singapore - Alan Wong Singapore I WISH to point out that an article pertaining to DBS on the front page of The Business Times issue of May 27 contains a common "Singlish" grammatical error. This is the phrase in the sixth column (second last line) "with regards164 words
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254 1999-06-01 2 Denis Distant via Internet Singapore - Denis Distant via Internet Singapore I REFER to the letter "Clob solution can be found in hints by KL officials" from Mr Alan Chong (BT, May 29) and think his suggestion could be a very dangerous precedent if adopted. He suggests that Clob investors254 words
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548 1999-06-01 4 Soh Tiang Keng - IRAS attributes fall in collection mainly to poor economic conditions By I Soh Tiang Keng TOTAL revenue collected by the government fell by 22 per cent for the first quarter of this year despite early signs of recovery of the Singapore548 words
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Article, Illustration433 1999-06-01 4 Complaints of shoddy work and dishonesty on the increase The Straits Times LAWYERS were warned yesterday to buck up and behave themselves as more people are filing complaints against them for shoddy work and dishonest conduct. Last year, 141 complaints were filed, an increaseThe Straits Times - 433 words
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254 1999-06-01 4 David Boey - Warning comes in wake of global scam that's hit S'poreans w David Boey THE Commercial Affairs Department (CAD) has warned that it is illegal to make cold calls to market investment instruments. The CAD's warning came in the wake of media interest254 words
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128 1999-06-01 4 THREE people have picked up forms to apply to be eligible to run in this year's presidential elections. The Elections Department yesterday said that the forms are for applications for the certificate of eligibility. However, no forms were submitted yesterday, the first day of applications.128 words
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258 1999-06-01 4 Christopher Tan - Byi Christopher Tan THE Land Transport Authority has appointed DBS and Morgan Stanley Dean Witter as joint lead managers of its $300 million debut bond issue. The pair will also be lead arrangers for the 10-year issue, details of which will be announced258 words
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Page 2 Advertisements
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Advertisement133 1999-06-01 2 The dawn of a new era in project management, design and construction... announcing Lend Lease Projects 1. all global Lend Lease project engineering, design and construction businesses will become Lend Lease Projects. (f: Lend Lease has operated in Asia for more than 25 years and will Rppf continue in our133 words
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Page 3 Advertisements
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Advertisement206 1999-06-01 3 rage *+*f 7 *>uitt Z *JJJJJt 7//J '*..s,,>.i s 0 ,<*++' J i' if j 7!f ii f If you're looking for a well constructed rtf I" th l y More and more property companies are listing on the stockmarkets of Europe, representing a powerful investment proposition. You have only206 words
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Page 4 Advertisements
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Advertisement94 1999-06-01 4 I Since the launch of SKYTUTOR I at the World Book Fair 96, thousands of students I have enrolled in this effective multimedia I learning programme. I It introduced an innovative new way of learning, I I preparing students thoroughly for the more complex I challenges of the new millennium.94 words
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FOCUS: PROPERTY
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Article, Illustration553 1999-06-01 5 Ang Wan May - Anti-Asian sentiments drove Euro-Asia group to sell Asl3sm of investments in last 8 months By< Ang Wan May [SINGAPORE] Property developer P L Kua sold Asl3s million (Sslsl million) of his Australian investments in the last eight months because he felt that asFILE PHOTO - 553 words
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Page 5 Advertisements
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Advertisement33 1999-06-01 5 Strait Talk TmßuiNesTins Shipping Times j i I oum art education institution. The Straits Times Classified is my course to success. Buy ft. Sell ft. Find ft. 1800-737-1166 Call Today For Results Tomorrow.33 words
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Advertisement246 1999-06-01 5 For Sale Freehold Industrial/Warehouse Site At Pasir Panjang Road Site Area: 31,978 sq ft 1998 Master Plan: Light Industry Plot Ratio: 2.5 Sole Marketing Agents lyiiiiiiiuuiiuiiiiiiiiiiiniß Colonial Bungalows Apartments for Lease r* Looking for a home with a fascinating history and unique character y "Half We have many black white246 words
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Advertisement173 1999-06-01 5 JUNK'. ANTIQUE 14 .^TREASURES? Ia I O 11 T° you, they could just be old, ugly and I 1 Hi 1 worthless, but an antique collector could m y/ take great delight in them. (And be willing I kj XI to pay a handsome sum!) y So instead of sending173 words
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ASIA ON THE MEND
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517 1999-06-01 6 Investment bank says inflation concerns in Asia are exaggerated AFP [HONGKONG] Asia's economies are still fragile and growth will be below potential until the end of2ooo or later, leaving room for interest rates to fall further, investment bank Credit SuisseAFP - 517 words
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506 1999-06-01 6 Diana Oon Abdullah - It warns that policy flaws could hurt future ratings From, Diana Oon Abdullah in Kuala Lumpur INTERNATIONAL credit rating agency Standard Poor's has given Malaysia's recent USSI billion (551.73 billion) global bond issue an investment grade rating of triple Bminus, but the506 words
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Article, Illustration60 1999-06-01 6 [BIRMINGHAM] Participants in "The Debt March "organised by the Jubilee 2000 campaign to cancel Third World debt, gathering at the Century Square Birmingham on Sunday. The group plans to walk from Birmingham to Cologne, Germany, with their arrival coordinated with the start ofAFP - 60 words
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351 1999-06-01 6 Bloomberg [KUALA LUMPUR] Malaysia's trade surplus narrowed in April from March as stronger domestic demand produced the first rise in imports in nine months. The April trade surplus was 6.2 billion Malaysian ringgit (Ss2.B billion), compared with RM6.5 billion in March, Bernama reported, citingBloomberg - 351 words
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Page 6 Advertisements
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Advertisement1435 1999-06-01 6 111 CHUAN SOON HUAT INDUSTRIAL GROUP LTD NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 18 Sungei Kadut Street 2, Singapore *****6 on 28 June 1999 at 3.00 pm for the following purposes: AS ORDINARY BUSINESS 1.1,435 words
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Advertisement27 1999-06-01 6 HONE SWEET JMNL, J tsgfezgsr** I -Srv+Slm* I Open the pagee of The Stralta Classified J to find your dream home. Buy It. S«fl h. Find h.27 words
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RUN-UP TO INDONESIA'S ELECTIONS
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Article, Illustration2040 1999-06-01 7 Yang Razali Kassim - Top Indonesian presidential adviser Dewi Fortuna Anwar discusses how gingerly Jakarta has to deal with former president Suharto's alleged corruption Reports from Yang Razali Kassim The writer is BT's regional analysis editor in Jakarta Q: The case of former president Suharto's wealth has become aFILE PHOTO - 2,040 words
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Article1925 1999-06-01 7 AWEEK before the start of the election campaigns on May 19, The Jakarta Post published extracts of an interview with Ibnu Sutowo, the once mighty tsar of the state-oil company, Pertamina. He is the one who single-handedly built Pertamina into an important oil player, but1,925 words
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SOUTH-EAST ASIA
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546 1999-06-01 8 Eddie Toh - Analysts say it was coincidental Asian markets stabilised after M'sian move From Eddie Toh in Kuala Lumpur MALAYSIA'S controversial capital controls rescued neighbouring Asian economies, a senior central bank official claimed in an article over the weekend. "I may not be venturing546 words
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Article, Illustration283 1999-06-01 8 KUALA LUMPUR Reuters INDONESIAN state-owned oil monopoly Pertamina is considering strategic alliances to enhance its asset base, its president director Martiono Hadianto said yesterday. "Pertamina is looking closely at strategic alliances to bring capabilities that we do not currently have and which wouldReuters - 283 words
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466 1999-06-01 8 Conrad Raj - SINGAPORE Millions in damages claimed over alleged fraud conspiracy fty* Conrad Raj AN affiliate of one of Indonesia's largest general insurers has filed a civil suit against four directors of the country's largest non governmentowned oil and gas company in466 words
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232 1999-06-01 8 KUALA LUMPUR Reuters MALAYSIA'S largest Islamic party has thrown its support behind an opposition alliance to face the ruling coalition in the coming general elections. But analysts said many challenges lie ahead before the fundamentalist PAS party can join the others to formReuters - 232 words
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NOTE Book
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58 1999-06-01 8 Bloomberg [JAKARTA] Indonesia may raise export taxes on a variety of unprocessed agricultural produce, said Minister of Industry and Trade Rahardi Ramelan yesterday. Cocoa beans, copra, rubber, cashew nuts are among the products he'll consider for export taxes to encourage businesses to process these goodsBloomberg - 58 words
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38 1999-06-01 8 Reuters [JAKARTA] Tlw eldest daughter of disgraced former president Suharto, Siti Hardiyanti Rukmana, went to the Indonesian attorney-general's office yesterday in a visit thought to be linked to an ongoing corruption investigation. ReutersReuters - 38 words
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39 1999-06-01 8 AFP [JAKARTA] Indonesian Investment Minister Marzuki Usman said yesterday that he had proposed an incentive plan under which foreign individuals investing more than USfl million (551.73 million) would be granted permanent resident status. —AFPAFP - 39 words
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66 1999-06-01 8 Reuters [JAKARTA] Indonesian voters are far more worried about getting their recession-hit economy back on its feet than over any threats to their safety, according to a poll published yesterday. The poll by the Kompas daily showed 59.9 per cent put improvement of the economy ft*Reuters - 66 words
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Page 8 Advertisements
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Advertisement31 1999-06-01 8 r V I 3. j ik WHAT »H EARTH 18 89IH8 MT .Mfc? U i- JKI K jgriMßMttnflr* JIM' .ml* k H i ku W mmmi VN iw &J <'A( i31 words
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Page 9 Advertisements
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Advertisement265 1999-06-01 9 BA world where purchasing power has few limits. Visa Platinum's exceptional credit limits give you greater freedom and financial flexibility. A world where a Personal Concierge waits at your heck and call. Your complimentary Visa Platinum Concierge will be on-call 24 hours-a-day to recommend a restaurant in Hong Kong, arrange265 words
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CHINA-HONGKONG-TAIWAN
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Article, Illustration459 1999-06-01 10 Meera Tharmaratnam - Agency says HK move to ask China to reinterpret law won't hit confidence From Meera Tharmaratnam in Hongkong INTERNATIONAL rating agency Standard Poor's said yesterday that recent efforts by the Hongkong government to ask for China's assistance in limiting immigration from the mainlandFILE PHOTO - 459 words
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355 1999-06-01 10 SHANGHAI Move comes as some of its units reveal cash-flow woes CHINA'S largest investment company, China International Trust Investment Corp (Citic), has asked the central bank for permission to restructure its securities-trad-ing unit, Citic Securities, the Dow Jones Newswires reported yesterday. The355 words
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222 1999-06-01 10 HONGKONG Reuters A COMMITTEE charged with overseeing the merger of Hongkong's stock and futures exchanges says it has reached broad consensus on the structure of the firm that will run the new market. Issues discussed at the second meeting of the Coordinating CommitteeReuters - 222 words
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255 1999-06-01 10 HONGKONG Reuters CREDITORS of China-backed Guangdong Enterprises are looking at an effective debt writedown of 58 to 63 per cent under its restructuring plan, according to a report by US investment bank Merrill Lynch Co. Hongkong-based Guangdong Enterprises (Holdings) Ltd (GDE), the flagship investmentReuters - 255 words
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Page 10 Advertisements
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Advertisement221 1999-06-01 10 business news J (jp B j mM MM MM *M I up hip jjj lE .^W' Nihon Keizai Shimbunjnc Three million readers a day can't be wrong THE NIKKEI WEEKLY 2 Precise, powerful, Asia-wide business news W NIKKEIIIPt Circulations Tel: 813-5255-2164, Fax: 813-5255-2678 0 X S*& Interactive Advertising Tel: 813-5255-2196,221 words
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ASIA
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507 1999-06-01 11 SINGAPORE The underwater link will provide speedier phone and Internet traffic in the region Bloomberg ASIA'S biggest phone companies will sign a pact in two weeks to build a US$l billion (551.72 billion) underwater cable network, allowing speedier phone and Internet links inBloomberg - 507 words
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Article, Illustration406 1999-06-01 11 BOMBAY Brokers see rebonnd as an over-reaction, warn of volatility Reuters, AFP INDIAN shares rebounded yesterday amid signs of easing tensions with arch-rival Pakistan over India's military action against guerillas in Kashmir. Some brokers viewed the rally as an over-reaction and warnedReuters,; AFP; REUTERS - 406 words
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213 1999-06-01 12 CANBERRA Reuters AUSTRALIAN Prime Minister John Howard yesterday reaffirmed the government's intention to honour its tax reform deal with the Australian Democrats minor party. His comment came after newspaper reports that the government and the Democrats may differ on their definitions of "basicReuters - 213 words
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387 1999-06-01 12 SEOUL Probe into graft follows charges that luxury goods used to secure favours AFP WIVES of serving and former government ministers are under investigation in South Korea following accusations that fur coats and other luxury goods were used to secure political favours.AFP - 387 words
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392 1999-06-01 12 SYDNEY Exports down 6%, the biggest decline in almost two years Bloomberg AUSTRALIA'S trade deficit swelled to a record Asl.9 billion (Ss2.l billion) in April as exports of uranium and zinc slumped and falling coal prices hurt Broken Hill Proprietary Co andBloomberg - 392 words
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233 1999-06-01 12 CANBERRA Decision may put 16.6% govt stake sale at risk Bloomberg THE Australian government's bid to have lawmakers approve the sale of 16.6 per cent of the telecommunications company Telstra Corp may fail after Treasurer Peter Costello said the government won't meet demands for moreBloomberg - 233 words
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340 1999-06-01 12 SEOUL Bloomberg OSAKA Gas of Japan joined BG pic of the UK and Enron Corp of the US as the final bidders for a 900 billion won (Ssl.3 billion) stake in South Korea's monopoly gas importer, the government said. TheBloomberg - 340 words
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Article, Illustration70 1999-06-01 12 [SYDNEY] One of the top-portion modules of the steel-framed spires being loweredfrom a helicopter towards waiting workers atop Sydney's St Mary's Cathedral on Saturday. The 24-tonne spires stand over 70 metres high and cost around As 9 million (Sslo million) to attach. They will be coveredREUTERS - 70 words
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ASIA Notes
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69 1999-06-01 12 Bloomberg [SEOUL] South Korea delayed a 2.4 trillion won (553.5 billion) domestic bond sale planned for next month, a move analysts say will help stop interest rates rising. The finance and economy ministry said the sale will now take place some time in theBloomberg - 69 words
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Article79 1999-06-01 12 Bloomberg [WELLINGTON] New Zealand companies' confidence in the economy fell for a third month amid concern a stronger currency is hurting exporters already suffering from low commodity prices and slack demand. National Bank of New Zealand's May business survey showed a net 46.2 per cent ofBloomberg - 79 words
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57 1999-06-01 12 Reuters O— wa »»n [MANAMA] Pakistan is seeking changes in the terms of a proposed package to restructure US$5lO million (*****.2 million) of its commercial loans, a banker said yesterday. "They want more changes. We have to go back to them to discuss itReuters - 57 words
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Article242 1999-06-01 12 SEOUL Bloomberg SOUTH Korea said it plans to cut the minimum period that company employees must hold shares issued to them as options or bonuses, to less than two years from seven years at present. "The relevant laws are expected to be revised and theBloomberg - 242 words
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Page 11 Advertisements
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Advertisement338 1999-06-01 11 9 Mr Set Your Course For A j Bigger j j Market Share j I I Ship Finance Insurance I Special Feature Shipping Times Thursday, 17 June 1999 I The publication of the first-ever Ship Finance Insurance special feature is very timely. Currently 5j Singapore is pushing ahead to become338 words
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Advertisement157 1999-06-01 11 THE PERFECT BUSINESS VENUE TO MAKE YOUR SEMINAR A SUCCESS Excellent location, award-winning service, fully equipped meeting rooms, elegant decor, and now, unbeatable value only at Meritus Negara Singapore Full-Day Seminar Package if* 2 coffeebreaks with 2 snack items, coffee or choice of tea 1 lunch Yong Tau Foo buffet,157 words
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Page 12 Advertisements
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Advertisement1217 1999-06-01 12 Since 1828 BOUSTEAD SINGAPORE LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at 146-B P&ya Lebar Road, *03-01 ACE Building, Singapore *****7 on Wednesday, 16 June 1999 at 11.30 a.m. for1,217 words
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Advertisement21 1999-06-01 12 Ktlanhe Zaohao jgv g If l w •pmwmafimmz ttteflffltitilWJifrina:, g*hiC&#i|£»?Ss(l69*lfe. Sunday Classified at Clarke Quay Evciy Sunday, 9am spm tt Fln-21 words
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THE WORLD
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WORLD Briefs
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59 1999-06-01 13 Bloomberg [LONDON] The euro rose against the dollar for the first day In four as comments by European Central Bank officials and UK newspaper articles fuelled speculation the ECB may use some of its US$24B billion (Ss42B billion) of foreign currencyBloomberg - 59 words
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Article, Illustration48 1999-06-01 13 Reuters [ST PETERSBURG] Actors Ralph Fiennes and Liv Tyler pose for a picture in front of the monument to the last Russian Tsar Nicholas n during a photocall on Sunday. They were in the city for the Russian premiere of the British-made movie Onegin.—ReutersReuters - 48 words
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35 1999-06-01 13 AFX [BELGRADE] Yugoslav President Slobodan Milosevic confirmed his government's acceptance of the G-8 principles for a peace plan in Kosovo, calling for a UN Security council resolution to end the crisis.—AFXAFX - 35 words
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37 1999-06-01 13 Bloomberg [BONN] The German economy may expand more than 2.5 per cent next year, following faster export growth in the second half of 1999, Economics Minister Werner Mueller said. —BloombergBloomberg - 37 words
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470 1999-06-01 13 LONDON Demand suggests debt-backed merger wave is likely IHT VIRTUALLY unaffected by the euro's decline, companies across Europe have been raising record amounts in the bond market since the currency was put in place in January. Olivetti last week began marketing around 8 billionIHT - 470 words
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320 1999-06-01 13 NEW YORK Investors seen to eye closelyslewof economic data due this week Reuters WALL Street, haunted by the spectre of rising interest rates and fresh off its stiffest weekly loss of the year, is braced for a suspenseful week thatReuters - 320 words
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139 1999-06-01 13 WASHINGTON Reuters INFLATION rather than deflation is the more likely, but not inevitable, menace to the US economy, due to the "very heavily utilised" workforce, the president of the New York Federal Reserve Bank said on Sunday. During a speech to Georgetown UniversityReuters - 139 words
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262 1999-06-01 13 WASHINGTON FT THE International Monetary Fund should create a US$2OO billion (***** billion) trust flxnd to cope with threats to the stability of the international financial system, according to one of the architects of the US Treasury's response toFT - 262 words
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Page 13 Advertisements
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Advertisement18 1999-06-01 13 •Tung Centre •Parkway Parade •A-Z Building For details, please contact owner: Tel: 437 6853 437 6872 534 313218 words
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Advertisement91 1999-06-01 13 H Cross the world in one elegant |L movement ,0m i mi > I MmL /jk I beating as one. The Reverso Duo owes its intriguing double life to IHKSB99HH I a single complioated ■HHH movement, the kind of unique creation that the Reverso has inspired for over sixty years.91 words
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EDITORIAL & OPINION
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Article, Illustration726 1999-06-01 14 William Safire - THE BOTTOM LIVE OPINION By William Safire The writer is a New York Times columnist NYT WHEN Alan Pinkerton, Lincoln's bumbling Secret Service chiet set up a private detective agency after the Civil War, he adopted as his logo an open eyeNYT - 726 words
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Article180 1999-06-01 14 'I'm a novice, but as Corazon Aquino (former leader of the Philippines) said: 'I don't know how to cheat, lie and accept all the bribes'.' -Wan Wan lifl wife of jailed Malaysian leader Anwar Ibrahim, on her new political role. 'People spend according to what their pay180 words
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619 1999-06-01 14 EDITORIAL THE controversial JapanUS defence cooperation guidelines were last week passed after a debate which did little to clarify the true intentions of either side in seeking to strengthen their postwar security cooperation. Those Japanese politicians who favour the move to allow the nation's Self-Defence619 words
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Article, Illustration905 1999-06-01 14 Barry James - OECD is seeking an accurate measure of intangible assets, such as ideas and know-how Barry James IHT WHAT is the value of a company that may be brimming with ideas and potential but owns few physical assets beyond rented office space and computers?IHT - 905 words
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Article, Illustration1082 1999-06-01 14 Issue of Indonesia's bonds INDONESIA'S first treasury bonds in over four decades were finally born on Friday through a huge, yet unusual issue totalling 157.61 trillion rupiah (5533.4 billion), of which 103.83 trillion is to recapitalise 23 private and regional development banks and 53.78 trillion is1,082 words
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EXECUTIVE LIFESTYLE
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Article, Illustration512 1999-06-01 15 Details said to inclnde dumping at sea of casket which transported former president's body LAT-WP [WASHINGTON] The National Archives will release this week the latest cache of documents relating to the assassination of President John F Kennedy, reportedly including details of the dumpingLAT-WP; PRESSLINK - 512 words
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Page 15 Advertisements
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Advertisement564 1999-06-01 15 Where to wine, dine and entertain..."^ Treat yourself to a wide range of Japanese cuisine. Enjoy Tempura, Sushi Rolls, Sashimi, Soft Shell Crabs and many more plus tantalising desserts. Buffet Lunch 8C Dinner: #23.50 (Adult) 50% discount (Child) (Lunch daily except Saturday winch" from 12 noon to 4.30pm. Dinner nightly)564 words
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Advertisement116 1999-06-01 15 lM ANDA R I N SIN G A QREI I Idtoul^ngl FESTIVAL 4-18 June 1999 WE'VE GOT ASIA'S I STAPLE DIET ALL WRAPPED UP I READY TO GO. Take home a selection from our savoury Shanghainese, Cantonese and Nyonya dumplings this Dumpling Festival. For enquires and advance orders, please call:116 words
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Page 15 Miscellaneous
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Miscellaneous1007 1999-06-01 15 CRYPTIC CROSSWORD 31 A person whose life's work 9 Cu rrenUy a source of attrac- YESTERDAY'S SOLUTION lies in ruins (13) tion (13) DOWN 15 Made an assessment of trade BaM 2 Authority to turn in some fluctuation (5) MslqNiqwmimElßMuyE cash (7) 16 Gasp carrying one, and col- IMHQH A1,007 words
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SPORTS
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Article759 1999-06-01 16 Surinder Singh - Zimbabwe's strong position and Australia's helping hand to West Indies look odd, writes Surlnder Singh Surinder Singh WHEN the South Africans lost their World Cup match to African neighbours Zimbabwe on Saturday, they not only did hosts England a disfavour, they also did their own759 words
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Article, Illustration501 1999-06-01 16 FRENCH OPEN Experience, not yonth,isthekey on red day AFP [PARIS] Venus Williams gone. Anna Kournikova gone. Amelie Mauresmo and Serena Williams both long gone. The much-hyped teenage revolution in women's tennis fizzled out in the first week of the French Open. Experience has proved far moreAFP - 501 words
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Page 16 Advertisements
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Advertisement113 1999-06-01 16 TP®*-. Ig¥ *WF* |p v v V i 't i f C U eC e trough which lens you want to see the world. In these trying times, stay positive and focused. Be lj J** resilient. Persevere. Whatever your aspirations, never give up. Create your own life's snapshots! Nissan Forklift...113 words
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COMPANIES & MARKETS
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Article, Illustration486 1999-06-01 17 Ang Wan May - Han Chee Juan beats 10 other bidders with $283 psf offer By. Ang Wan May [SINGAPORE] The low-key owner of Leisure Park in Kallang, Han Chee Juan, has beaten 10 other bidders, including big listed companies, to clinch Waterbank Properties' prime GarlickFILE PHOTO - 486 words
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891 1999-06-01 17 Wong Wei Kong - 10 more companies join billion-dollar club; top gainers were penny stocks Byi Wong Wei Kong [SINGAPORE] Riding on a flood of liquidity, the market capitalisation of the 353 SESlisted companies rose 11 per cent from April to $274.2 billion in May, adding891 words
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Article, Illustration269 1999-06-01 17 Conrad Raj - By< Conrad Raj [SINGAPORE] Hong Leong Asia's managing director John Wong Weng Foo has quit the company, ending a decade-long association with the group. A company statement gave no reason for Mr Wong's resignation which is with immediate effect, nor did it say where he269 words
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121 1999-06-01 17 [SINGAPORE] TLB Land, an associate company of Keppel Tat Lee Bank, has paid $18 million for a 2,795 sq m (30,085 sq feet) site off Serangoon Road. Located at 22-26 Mar Thoma Road, the plot of land has 882 years of its121 words
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197 1999-06-01 17 [SINGAPORE] Ho Wah Genting International says it is currently evaluating a proposal to issue new shares to acquire some assets, a move which may result in a change in the company's controlling shareholder. The precision engineering service firm said in a statement yesterday197 words
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294 1999-06-01 17 Siow Li Sen - w Siow Li Sen [SINGAPORE] DBS Bank's Local shares have been trading at levels which have triggered the forced conversion of the bank's remaining nonredeemable convertible preference shares to ordinary shares. DBS yesterday said the automatic conversion, which will be effected294 words
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COMPANIES
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Article, Illustration420 1999-06-01 18 Quak Hiang Whai - Airline management says it won't reopen talks with pilots to resolve pay dispute Fromi Quak Hiang Whai in Hongkong HIT by a labour dispute with about half of its pilots, Cathay Pacific Airways shares plunged 10 per cent yesterday, wiping out HK$3 billionSource: Bloomberg - 420 words
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364 1999-06-01 18 Carol Eng - Not clear if it'll be an executive position; Purwadi forerunner By\ Carol Eng [SINGAPORE] Ipco's new board of directors will meet today to elect a chairman, with Indonesian-Chinese Purwadi strongly tipped for the post. It is unsure if this will be an executive position364 words
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Article279 1999-06-01 18 Wong Wei Kong - By Wong Wei Kong [SINGAPORE] Boustead Singapore has suffered a 95 per cent drop in net earnings in its financial year to March because of losses by its bakery arm. Net profit fell to $70,000 from $1.29 million a year ago while earnings per share on279 words
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Article, Illustration470 1999-06-01 18 Rahita Elias - Jeweller to use proceeds to expand operations: MD By] Rahita Elias [SINGAPORE] Jeweller Lee Hwa Holdings plans to use the $8 million to $14 million it hopes to raise from its upcoming initial public offer (IPO) to expand its retailSIEW YAW HOONG - 470 words
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259 1999-06-01 18 David Boey - Stamford Residences toearnuptoUSssm in 10 yrs under deal liy. David Boey [SINGAPORE] DBS Land s serviced residence arm, Stamford Residences, will manage an apartment project in the Chinese city of Shanghai under a deal said to be worth between US$3OO,OOO and US$5OO,OOO a259 words
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778 1999-06-01 18 Quak Hiang Whai - HOCK LOCK SIEW Quak Hiang Whai PIRST, it was the flight attendants who decided they were not getting paid enough to smile. Now, a large number of disgruntled pilots at Cathay Pacific Airways are calling in sick shortly before their scheduled778 words
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245 1999-06-01 18 [SINGAPORE] Frozen seafood trader Pacific Andes (Holdings) yesterday said it intends to raise US$5.7 million (Ss9.B million) by placing out new shares representing about 10 per cent of its paidup capital at US$O.3O a share. The Hongkong-based company will do the placement though245 words
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COMPANY Briefs
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Article65 1999-06-01 18 [SINGAPORE] CSA Holdings said GMPC Corp, which is 20 per cent owned by its wholly owned Malaysian subsidiary Computer Systems Advisers, has secured a contract from the Malaysian government to implement a smart card project valued at 270 million ringgit (*****.6 million). It is65 words
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Article108 1999-06-01 18 [SINGAPORE] Hwa Hong Corp yesterday said it was unaware of any reasons for the sudden interest in its shares, which shot up 40 cents or 21 per cent to $2.31 between May 26 and May 28. It noted, however, that companies in the Hong108 words
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Article23 1999-06-01 18 [SINGAPORE] L&M Group Investments executive deputy chairman Tay Puan Siong has resigned, effective yesterday, according to the company.23 words
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Article31 1999-06-01 18 [SINGAPORE] Heshe substantial shareholder Tan Suan Pit has sold 3.3 million shares, cutting his stake to 15.6 million shares or about 5 per cent, the company said.31 words
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Article38 1999-06-01 18 [SINGAPORE] Teamsphere Ltd yesterday said Citicorp Investment Bank had sold 4.9 million shares, reducing its stake to 4.9 per cent from 10 per cent and is therefore no longer regarded as a substantial shareholder.38 words
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Article68 1999-06-01 18 [SINGAPORE] Singapore Press Holdings yesterday said its wholly-owned unit, The Straits Times Press (1975) Ltd (STPL), has sold its 50 per cent stake in The Straits Times Press (London) to Times Publishing Ltd for $472,700. In a separate deal, Times Publishing sold its 25 per68 words
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37 1999-06-01 18 [SINGAPORE] Second Chance Enterprises substantial shareholder Mohamed Salleh s/o Kadir Mohideen Saibu Maricar sold 2.5 million shares for 30.1 cents per share, reducing his stake to 67.14 per cent, the company said.37 words
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Article36 1999-06-01 18 [SINGAPORE] IMM Multi-Enterprise substantial shareholder Ang Kian Kok has sold four million shares at $1.15 per share, reducing his stake to 5.96 per cent from 10.96 per cent, said the company yesterday.36 words
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434 1999-06-01 19 Aussie anti-monopolies body foils takeover by refusing clearance Reuters [SYDNEY] Cable Wireless Optus Ltd, whose major shareholder is Cable Wireless pic of UK, yesterday abandoned its Asl.s billion (Ssl.7 billion) hostile takeover bid for AAPT Ltd after Australia's anti-monopolies watchdog refused toReuters - 434 words
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322 1999-06-01 19 The move comes five days before closing date of C&W offer Bloomberg [TOKYO] Nippon Telegraph Telephone Corp, the world's largest telephone company, has submitted a revised offer to buy International Digital Communications Inc, a Japanese telephone carrier that isBloomberg - 322 words
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260 1999-06-01 19 Bloomberg [HONGKONG] China.com Corp is going public on the Nasdaq stock exchange, trying to form a dream team of Wall St venture capitalists and China's government-run news agency Xinhua to become China's top website. Started by Hongkong entrepreneurs and Xinhua five years ago, China.com willBloomberg - 260 words
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Article, Illustration375 1999-06-01 19 It also wants to relax disclosure norms for big deals Bridge News [MELBOURNE] The Australian Stock Exchange wants to set up a new trading system and relax disclosure requirements for brokers and institutions trading large blocks of stock, it said yesterday. AccordingBridge News; FILE PHOTO - 375 words
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FINANCE & COMMODITIES
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458 1999-06-01 22 Westpac is the other likely strong candidate for fond manager after NAB withdrawal: reports Reuters, Bloomberg [SYDNEY] United Statesbased insurance and financial services group Principal Financial Group is now a leading contender to buy Bankers Trust Funds Management, two AustralianReuters,; Bloomberg - 458 words
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240 1999-06-01 22 Increase to 28,425 tonnes last Friday from 9,225 tonnes at the start of April Reuters [SYDNEY] Chinese importers were responsible for the recent influx of lead into the London Metal Exchange warehouse in Singapore, industry experts said yesterday. "It's the ChineseReuters - 240 words
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170 1999-06-01 22 It also has plans to acquire a bank in the U& executive Bridge News [TAIPEI] Taiwan's Chinatrust Commercial Bank (CCB) is evaluating acquisitions of banks in Thailand, Indonesia, the Philippines and the US, but there are so far no details regarding the issue, a ChinatrustBridge News - 170 words
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473 1999-06-01 22 Hans Hufschmid is third partner to quit since firm's bailout Bloomberg [NEW YORK] A third partner has left the bailed out hedge fund Long-Term Capital Management. Hans Hufschmid, co-head of Long-Term Capital's London office, said he left the fund on Thursday, according to aBloomberg - 473 words
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Article, Illustration341 1999-06-01 22 AFP [SEOUL] South Korea has agreed to delay the deadline for the conclusion of a deal on the sale of ailing Seoulbank to British banking giant HSBC Holdings pic, financial authorities said yesterday. The transaction was to have been wrappedAFP; FILE PHOTO - 341 words
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SMALL Change
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79 1999-06-01 22 Nikkei [TOKYO] Yamaichi Securities, which acknowledged business failure in November 1997, will file for bankruptcy this week as it has nearly completed procedures to place unclaimed customers assets in public depositories. The Bank of Japan extended special lending to Yamaichi on the assumption theNikkei - 79 words
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Article52 1999-06-01 22 Bridge News [TAfPEI] Taiwan's First Commercial Bank wrote off around NT$l billion (5552.6 million) of bad loans in May, a spokesman said yesterday. He said the bank disposed of its holdings in Chang Hwa Bank in May, but did not specify the revenue generated.Bridge News - 52 words
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72 1999-06-01 22 Bloomberg [TOKYO] Tokyo Sowa Bank Ltd said it has been ordered by Japan's financial regulator to raise capital and submit a restructuring plan to strengthen its finances, the bank said. The bank said it will raise capital by selling new shares through privateBloomberg - 72 words
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Article57 1999-06-01 22 Reuters [AMSTERDAM] Financial services group ING Group yesterday said it had increased it stake in French bank CCF about 1.2 percentage points. ING now holds 13.20 per cent in shares and 13.90 per cent in votes after buying CCF shares from French defenceReuters - 57 words
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49 1999-06-01 22 Bloomberg [ZURICH] Credit Suisse Group said more than 5,000 people signed up to trade securities over the Internet through the bank. The demand for "youtrade", a low-cost service Credit Suisse offered last month, has exceeded the bank's expectations, said a spokesman. —BloombergBloomberg - 49 words
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388 1999-06-01 22 VOCATIVE uinifliTv NUMB WOOiPWCES MATURITY YEAR RAISED COUPON INTEREST OF DAYS OF (EXCLUDING GROSS RATE AMOUNT PAYMENT ACCRUE) ACCRUED RHBAPTON (%PA) m DATES INTEREST INTBtST) YRX)(%I>*) 15/06/1999 Low 2 1979 61/4* 55.80 __15/6 15/12 167_ 100.00* 6.08* 01/09/1999 N*****1L 1997 2 3/4#388 words
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116 1999-06-01 23 Christopher A Podbury, Jardine Fleming - himn* Reports MSd Singapore Index Christopher A Podbury, Jardine Fleming THE Simsci futures ended yesterday in what could be best described as a lacklustre day with all contract maturities settling slightly lower. Very little institutional activity was seen, with most of the day's volume116 words
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155 1999-06-01 23 Charlie Kuo Refco Singapore - MSCI Taiwan fixtures Charlie Kuo Refco Singapore THE Simex MSCI Taiwan Stock Index futures tumbled in a quiet trading session yesterday as a lack of fresh bullish news resulted in speculative selling by Taiwanese retailers. The new lead June '99 contract, hanging around the 315155 words
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409 1999-06-01 23 ENERGY REPORT Bloomberg [NEW YORK] Opec members made almost 90 per cent of their pledged oil output cuts in May, according to a Bloomberg survey, as they followed through on a plan to remove oil from the market andBloomberg - 409 words
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Article308 1999-06-01 23 Reuters London CONCERN that the European Central Bank would use the opportunity of holidaythinned markets to intervene to support the euro yesterday proved enough to bolster the currency in the absence of London and New York markets. Although dealers said there was no sign of ECB activity onReuters - 308 words
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Article, Illustration1265 1999-06-01 23 DWERBAMg CROSS RATES C5 Rwb E<ro Ffr Dm HK$ Ind to tuplah Yea Won RM MZ$ Pafc to Peso S$ Raod Sir MT$ Mlt Hmd US$ 0957 0.620 4.070 1213 5.033 27.800 52.718 0.788 7.699 2.466 L2H 33.742 24.662 1121 4.034 0.988 ***** 24.075 0.404 0.649 "jf 4 253 L2M1,265 words
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Article1835 1999-06-01 23 S1C0M FUTURES May 31 RUBBER (futures dosmq as at 5.30pm) RSSICONTRACTttcMtsAo) Close Volume Open Month High Low Sott (tonnes) Interest Jun 99 106.50 50 Jul 99 107.25 700 Aug 99 109.50 375 Sep 99 112.50 275 Oct/Doc 99 117.00 117.00 117.00 150 1500 Jan/Mar 00 121.75 RSS 3 CONTRACT (US1,835 words
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Article, Illustration1378 1999-06-01 24 AFP P Hang Seng +81SF1 HONGKONG share prices rose 0.7 per cent yesterday, pushed higher by late buying spurred by gains in the Japanese market after a weekend rebound on Wall Street, dealers said. "The market rebounded on a stronger Tokyo market as well the gains on Wall Street,"AFP - 1,378 words
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Article, Illustration530 1999-06-01 24 Reuters HShenihgi Binder SHENZHEN'S Hongkong-dollar-de-nominated B shares closed 9.86 per cent higher yesterday on hopes that a cut in stamp duty on B share trading effective June 1 heralded further market-boosting policies. All of Shenzhen's B shares closed at their upward trading limits, lifting the B share index 6.46Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 530 words
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Article343 1999-06-01 24 AFP Qvpinfax -103J3 TAIWAN share prices closed 1.4 per cent lower yesterday on heavy selling of overbought cyclical shares, dealers said. "Cyclical shares are considered over-valued because the fundamentals of these companies have shown no signs of improvement," said James Su, deputy manager of research department at Master LinkAFP - 343 words
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Article2052 1999-06-01 24 UMMH Mistrials N— *h 31 Croup —.7.04 0.03 AMay National 12.90 0.09 A B Food! 4.75 O.ia A B Poctft 2.76 -0.04 ANIanca 4 Leicester 9.23 0.08 Alllad Oomacq 5.99 0.16 Alllad Zurich 7.94 0.30 Anglo Amarlcan Cold 43.70 unch ASOA Croup 1.77 -0.02 Bank of Scotland2,052 words
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Article1590 1999-06-01 24 AFP P Nikkei 225 +138J7 SHARE prices in Tokyo closed 0.9 per cent higher yesterday as late bargain-hunting boosted the key Nikkei index back above the psychologically important 16,000-point level, brokers said. "Bargain-hunting emerged towards the end of the session, which allowed the Nikkei to recover to the 16,000-pointAFP - 1,590 words
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KUALA LUMPUR STOCK MARKET
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Article, Illustration412 1999-06-01 25 AFP fl Composite Index jJI MALAYSIAN share prices closed 0.8 per cent lower in moderate trading yesterday due to profit-taking on lower liners, dealers said. They said a 6.2 billion Malaysian ringgit (Ss2.B billion) trade surplus for April and a favourable rating for Malaysia's US$lAFP - 412 words
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Article8625 1999-06-01 25 —UI1II0U Ciniwwr prtMi '999 Last Vol Day Net Cap Hl»> Law Company Sala 'OOP High Law Pit $mll 380 255 Ajinomoto 326 unch 7 326 326 20.7 t32.1 115 46 Angkasa SO -7 K>2 86 80 118.0 293 220 Apollo Food Mlg 268 9.3 1072 204 115 BerjayeLand 164 -48,625 words
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WARRANTS, OPTIONS & REGIONAL MARKETS
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178 1999-06-01 26 R Sivanithy - WARRANT WATCH -By R Sivanithy AT the moment, electronics stocks are in vogue, thanks largely to an e-commerce theme that's making the rounds in the market. In the meantime, banks and properties have largely been neglected, partly because of interest rate worries but178 words
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Article223 1999-06-01 26 HONGKONG STOCKS Gr Or S2 V«l Day L**t Ouota Wv Wv YM NX M C«V High Low Stno Company «g» COOP) High Law Buyor Sa—r Cw Pfl $m* 345 173 5123 COL (2000) MK 325 350 8 3.7 2.5 11 6292 5 5124 Cathay Pac 20c MK_720 265223 words
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Article2331 1999-06-01 26 BONDS. LOANS ft VARIANTS L*»t Vol Day LmI Oust* Avq Mtg* Lmi StiM Cwnptny Sato ♦or- rOOO) High Law Buyar Salter Prtea 30.5 3 s 3>60 "Acar W0I073IUSS 29 »3.5 900 30.5 26.5 28.5 29.5 57.5 4.5 s 3164 Acma ******4 48 ♦I.S 753 46 46 47 5 48 472,331 words
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Article412 1999-06-01 26 AFP fl Composite Into +3.78 SOUTH Korean share prices closed 0.5 per cent higher yesterday, eroding earlier gains sparked by strong April industrial output data and lower money market rates, dealers said. Hyundai Securities dealer Yoo Yong Seok said sentiment was buoyed by the April industrial output figure whichAFP - 412 words
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Article325 1999-06-01 26 AFP nmiuh *27-56 PHILIPPINE share prices closed 1.2 per cent higher yesterday due to the release of favourable economic growth figures and an upturn on Wall Street at the weekend, analysts said. The Philippine Stock Exchange Composite Index rose 27.55 points to close at 2,419.83 points. Volume fell toAFP - 325 words
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Article, Illustration637 1999-06-01 26 AFP P Composite Into +L 59 INDONESIAN share prices rose 0.3 per cent yesterday with profit-taking in secondline and banking stocks limited by rises in selected large caps following a government bond issue, dealers said. A dealer with Lippo Securities said many second liners were down, but their declinesAFP - 637 words
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Article668 1999-06-01 26 AFP NAD Ordinaries +IL6 AUSTRALIAN shares closed up 0.4 per cent yesterday as gains on Wall Street and the announcement of a deal on tax reform at the weekend outweighed the release of worse-than-expected trade figures, brokers said. The All Ordinaries Index finished up 11.6 points at 2,900.20. TheAFP - 668 words
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Article297 1999-06-01 26 AFP n Wellington -5181 NEW Zealand share prices fell 2.5 per cent yesterday to their lowest level for the year under pressure from index re-weighting and the absence of offshore demand, dealers said. The NZSE-40 Capital Index closed down 52.81 points at 2,061.40. AFP 11 H$ (0001 Advantag* MOSAFP - 297 words
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7201 1999-06-01 27 Or Gr M Wt 92-Wk Last Vol Day Last Ouota Dtv Oly VM Net Cap Avq High Law St Wo Company Solo COOOI High Low »«yar Sallar C'yr H P/t Smll Prtco MULTI-INDUSTRY 147 17.5 m b 1000 Acma 50c 138 cd +4 11207,201 words
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Article1501 1999-06-01 27 Of or m art 92-Wk Last V«4 Day Last Ouata Wv Dtv VM Ntt Cap Av« High Law StNo Company Sala COOP) High Law l«r«r Sadar C'vr Pit $mM Prtca MANUFACTURE 142 30 C 2049 AS Auto 10c 127 *4 2595 130 124 127 128 IS N 7 U1,501 words
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STOCK EXCHANGE OF SINGAPORE
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Article450 1999-06-01 28 Stocks Votamt IPC Corpn 5c 69,084,000 Hotung Inv HT5 44.351.000 Li Xin 10c 41,042,000 SM Summit 10c 39,980,000 Serial Sys 10c 36,134,000 GES Intl Ltd 20c 32,880,000 Pac Andes US20c 29,826,000 CM Telecom HK75c 27.632,000 Goldtron 20c 27,303,000 Uraco HldgslOc 26,722,000 Stocks GES Intl Ltd 20c 53,931,800 Serial Sys 10c450 words
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Article, Illustration609 1999-06-01 28 R Sivanithy - STOCK MARKET COMMENTARY Panting in penny stocks results in huge unit volume but relatively smaller dollar turnover By R Sivanithy LOCAL stocks continued to power ahead yesterday but perhaps not in the manner that some might have wanted blue chips were609 words
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ON THE GRAPEVINE
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Article164 1999-06-01 28 IF you could ease the pain of cancer victims for 27.5 cents a day, would you do it? The folks at Assisi Home and Hospice think you will. Last year, the hospice provided solace and professional care for 700 terminally ill cancer patients,164 words
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Article127 1999-06-01 28 w FRANKFURT'S newest hotel, the posh Hilton which opened only late last year, has the most up-to-date telephone systems with all kinds of features. However, some journalists found that all these came to nought when they tried using the system to send their stories home. An127 words
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157 1999-06-01 28 LAST Thursday was the debut of erotica merchandiser Beate Uhse on the Frankfurt Stock Exchange. Visitors to the august Deutsche Borse building were greeted by a huge billboard at the entrance showing two scantily-clad women in red and another completely naked body etched in the background.157 words
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Article, Illustration65 1999-06-01 28 Wong Wei Kong - By Wong Wei Kong IPC shares rose 3.5 cents to $0.18 yesterday on a volume of 69.1 million shares, compared with its 10-day traded average of 9.44 million units. The stock has reached a new 52-week high, and technical indicators such as the RSI, Stochastics and MACD suggest65 words
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Page 17 Advertisements
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Advertisement44 1999-06-01 17 B V LG A R I The Solotempo watch. Also available with leather strap. Available in Singapore at Bvlgari. Milton Hotel 737 1652 Takashimaya Department Store 735 6689 and: Dickson Watch Jewellery. The Promenade 732 8900 Centrepoint 734 5822 Suntec City Mall 336 487144 words
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Page 18 Advertisements
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Advertisement88 1999-06-01 18 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For further88 words
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Advertisement17 1999-06-01 18 Threat to return to profit, Shipping Times, Pg 14 HK carrier leasing planes, Shipping Times, Pg 1417 words
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Page 19 Advertisements
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Advertisement248 1999-06-01 19 1 I tOOtfl\ S EM McrnßAN<& I g mi|^k Fly off faster with free flights on our four Frequent Flyer programs. Earning miles is easy! Up to 5,000 miles free! You earn miles every time you use your Citibank Upon approval, gold card applicants will receive card every dollar charged248 words
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Page 20 Advertisements
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Advertisement4225 1999-06-01 20 I UoT.TJ I Tat Lee Bank I Keppel Tat Lee Bank Limited and its subsidiaries I (Incorporated in the Republic of Singapore) BALANCE SHEETS AS AT 31 DECEMBER 1998 I ml I SHARE CAMTAI 1 m 00 1000 I'OW S 000 SOOO l SHARE CAPITAL 5 1 0*3.705 $96,034 1,063.7054,225 words
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Page 21 Advertisements
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Advertisement3825 1999-06-01 21 1*" *KHVAHf ANO LOANS ANO ADVANCES L£SS PROVISION (cont'd) 18. SUBSIDIARKS (conTd) M FIXED ASSETS (cont'd) «v «o AbiiTi(conro) 27. CONTINGENT UABILfTKS The Group Th» Bank NrM by ttlß latlt 000 000 I Eautoment Group The Bank Pertenlaga IMS 1997 1999 1907 1997 Principal Place of of Ordinary Cost of3,825 words
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Page 22 Advertisements
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Advertisement927 1999-06-01 22 SOUTHERN BANK BERHAD (Incorporated in Malaysia) (5303-W) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Thirty-Seventh Annual General Meeting of Southern Bank Berhad will be held at Ballroom A, First Floor, Renaissance Kuala Lumpur Hotel, Corner of Jalan Sultan Ismail and Jalan Ampang, ***** Kuala Lumpur on927 words
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Page 24 Advertisements
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Advertisement25 1999-06-01 24 ™«n Mf» *».50 -1.00 S Yu» Loonq Motof 41.50 -OJO 6 HOCK LOCK SIEW Takes you behind the news I I I TheßusinessTimes SINOAPORB I25 words
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Page 25 Advertisements
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Advertisement34 1999-06-01 25 Classified First. Looking for a holiday destination? Or simply getting away from it all? Top of your itinerary Check The Straits Times Classified First. mmt-'' I CATS. j Buy k. MM. FM h. 134 words
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Page 26 Advertisements
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Advertisement98 1999-06-01 26 r /Hello, C.A.T.S.!\ X Wow! Id like to place an A buyer I love this car advertisement to J I the very I that I found f.. \sell my "itl next d;iy. I through j |v> 1 s V The Straits Times J r m Buying or selling through The98 words
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Page 27 Advertisements
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Advertisement70 1999-06-01 27 Citibank Margin Trading Account Trade up to 2.5 times your share value or withdraw CASH on it. Call 339-7126 now. THE CITI NEVER SLEEPS l> i mi ili t s .1 I I Shtill ip II W.i 2(> S, <>iih .i i d Kii,i 2 1 Iniii ii u I,i70 words
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Page 28 Advertisements
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Advertisement985 1999-06-01 28 DELIFRANCE ASIA LTD 1 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixteenth Annual General Meeting of DELIFRANCE ASIA LTD will be held at 350 Orchard Road #15-08/10, Shaw House. Singapore *****8 on Wednesday, 23 June 1999 at 10 а.m. for the following purposes: AS ORDINARY BUSINESS985 words
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Advertisement316 1999-06-01 28 is your portfolio lagging the hot bull market? You need DBS Investor Online! Get the Best. :all 438-1188 today. DBS BANK In the matter of THE COMPANIES ACT. CAP. 50 and In the matter of HYTORK (SEA) PTE LTD (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the316 words
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Advertisement911 1999-06-01 28 TSW TSM Resources Ltd (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 1999 Annual General Meeting of the shareholders of the Company will be held on Wednesday, June 16,1999 at BHc 162 Bukit Merah Central 107-3545 Singapore *****2 at 3.00 p.m.. to transact the911 words
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Advertisement30 1999-06-01 28 THE STRAITS TIMES CLASSIFIED YOUR GUIDE TO MORE PRODUCTS SERVICES kfiMlLMt CATS. Buy H. Sdl it. Find h. The Straits Times Classified Where meS™" Buy It. Sefl It Find it.30 words
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Advertisement419 1999-06-01 28 I IN THE MATTfX OF THE COMPANIES ACT, CHAPTE* 50 SHING HUAT GOLDSMITH PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE it hereby given thai pursuant to Section 308 of the Companies Act, Chapter SO, a Final General Meeting of the Members of the aboveaamed company will419 words
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SHIPPING TIMES
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Article164 1999-06-01 29 Bridge News, Reuters TANKEB& The week ended on a Arm note for very large crude carriers (VLCCs) from the Persian Gulf with the influx of Iraqi cargoes pushing rates into the high worldscale 40s. Conoco is in the market with 240,000 tonnes for May 24-25 shipment from FatehBridge News,; Reuters - 164 words
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Article275 1999-06-01 29 SO g CWT Distribution L62 0.03 1067 Chuan*® Llfl 0.03 595 Casco Invastmant L19 0.06 428 Fraight Units 0.32 unch ***** OB HoMngs 0.84 0.06 667 Hal Sun Hup O.K 0.01 1267 IMC HoWlngs-HK—5.60 uncti 0 Jaya Holdings 0.94 0.01 1375 Juronq Shipyard 8.00 ai5 120 K«HM(C«rp 4.84275 words
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Article, Illustration434 1999-06-01 29 Felix Chan - Deal with port of Sines expected to be announced in mid-Jane By Felix Chan [SINGAPORE] PSA Corp is eyeing the southern Portugal port of Sines as its next overseas project as it looks Beyond Singapore's shores for expansion. An announcement is expected by434 words
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Article, Illustration220 1999-06-01 29 [SINGAPORE] PSA Corp has been conferred an innovation award for its Flow Through Container Gate System at the 11th Seatrade Awards in London. PSA's advanced paperless gate system is a fully-auto-mated and integrated hightech gate system which enables trucks to pass through any220 words
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108 1999-06-01 29 Bridge News [SHANGHAI] China's three biggest state-owned shipping groups are planning to build 120 ships over the next four years, the official Xinhua News Agency reported, quoting the Shanghai's Shipping Exchange Bureau. The China Ocean Shipping Co (Cosco), the China Shipping Group,Bridge News - 108 words
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181 1999-06-01 29 Reuters [BONN] The complete length of the river Danube within Germany has been closed to shipping since last week due to flooding and is likely to remain shut through the week, German river authorities said. Karl-Hermann Stoecklein at the Regensburg shipping centre said thatReuters - 181 words
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254 1999-06-01 29 Marcus Hand - By\ Marcus Hand [SINGAPORE] Malaysia's latest port development, the port of Tanjung Pelepas (PTP) in Johor, has completed its first berth ahead of schedule. PTP said in a statement that the first of six berths in phase I of the 2 billion Malaysian ringgit254 words
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Article99 1999-06-01 29 Bloomberg [WASHINGTON] CSX Corp's Sea-Land Service Inc unit, the biggest US ocean-shipping business, told a US House panel that a Clinton administration proposal to impose service fees at US seaports would cost the company US$3O million (Sssl million) a year and the struggling shipping industry US$lBloomberg - 99 words
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Article, Illustration912 1999-06-01 30 SHIPPING INDUSTRY REVIEW Those which fail to set strict minimum ship standards should be isolated by the shipping industry and other states INCREASED self-regula-tion should be its own reward for the shipping industry. Its main attraction for administrations stems from the perhaps belated realisationFILE PHOTO - 912 words
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Article212 1999-06-01 30 PAGE ECU Line 6 ACL 6 ECL 4 ML 3 Evergreen 6 Accord 8 foongSun 8 Appenstiip 5 61jnk Austral 8 Ge«*trans 6 Balaji Shpg 4 Hangli 7 BSA T Hanjin 3 B'tang Mas 8 Heung-A 4 CCNI 7 Hyundai 7 CMA 8 ICFS 3 COSCO S212 words
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Article18929 1999-06-01 37 THEBUSINESSTIMES EXPORT ETA ETA Advartisar Vnul Voyaga Taiaptiona ETA ETA Advartisar Vassal Voyaga Tataphona SIN DKfn Nama Nam# Numtoar Numtoar SIN Dast'n Nam* Nam* Naatgr Numtoar HNHHMMNMMMIHNMNHBHnHMMMMMHMHNMI MMHHHHMMHHMMNMHHMMMMMMMMHMHMMMMHIHMMHMMMI 09/m 05/07 csav csav santos ons 65-*****55 To ABIDJAN (ABJ) 2003 Cot* D'lvoiro n/ot os/o; E<r«rm e. gentle om-oim n/ot18,929 words
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SHIPPING GUIDE
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Article697 1999-06-01 41 *»W< Voy Wo Btrth Arrtvrt jjjrtn •fttMn) *****9 ataiguda 01.06/2359 Mrii N *****9 Jl Hoagaid* 0106/2000 •T Sur III *****9 Jl MmgsMt 01.06/0600 KM 210 S2SA J* tkmgudt 0106/0600 Linggo 213 1 JH alongsidt 01.06/0800 Itagdatona 01 02 Silt HongsJd* 01.06/0600 Sun Jut 05-99 J3 aiongstdt 01.06/1500 Attar697 words
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Article1789 1999-06-01 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boottm/B>l«ct litis Ship Voy No Etfc/Btr Ported Frw To Prow Ha NMncus 0254 OVBOO W JVHOO WW WW JVBM JVM55 JVBM rnfmm, ooi ovum 5 wmo jjjjjjj® N JVBM JVM55 JVBM 2A JVTTM 0V0*55 01/0*00 a jvttoo ovotM MM j1,789 words
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Article171 1999-06-01 41 Jn3 Austria: Corpus Christi. Joaß Denmark: Constitution Day. JnM Australia: Queen's Birthday. Hm 18 Hong Kong: Tuen Ng Day. Jmn 28 Finland: Midsummer Eve Holiday. JoaM Indonesia: Mouloud Prophet's Birthday. Brunei: Maulud. Finland: Midsummer Day Holiday. JnM Brunei: Half Year Bank Closing. Jul 1 Canada: Canada Day. MM171 words
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Article826 1999-06-01 41 THIS report, compiled by Cockett Ma rlne Oil Ltd. shows price ranges in US dollars Instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the826 words
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Article388 1999-06-01 41 C*rto« 180 Mu 990.3 0.7 18.7 0.08 75 0.06 an Dinirtv Nft*r btMw Ask AtoaMwn SttflwwBt *fcow £25 0 0 7 8 222 380 Aw 986.9 0J U4 0.06 36 0.02 JJ2 380 M« 993.5 10 19.4 0.09 90 0.06 U/tri in m/m m/m rr* —<»«388 words
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AIR & LAND TRANSPORT NEWS
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Article, Illustration543 1999-06-01 42 CATHAY PILOTS PAT ROW Hongkong carrier may be losing HK$2O million a day in revenue: analysts Reuters [HONGKONG! Just as signs of improvement were beginning to emerge on the horizon for Cathay Pacific Airways Ltd, a pay dispute with pilots couldReuters; AFP - 543 words
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Article, Illustration556 1999-06-01 42 Japanese carrier to slash workforce by 12%, cut debt Bloomberg [TOKYO] All Nippon Airways (ANA), Asia's second largest airline after Japan Airlines, said it will slash its workforce and cut its inter-est-bearing debt in a bid to return to profitability after posting its first operatingBloomberg; AFP - 556 words
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Article239 1999-06-01 42 AFP [HONGKONG] Hongkong's Cathay Pacific Airways said yesterday it was leasing aircraft and crew as a four-day pilots' protest over planned pay cuts forced the cancellation of 27 more flights. Cathay's director of corporate development Tony Tyler said two aircraft and crew had been hiredAFP - 239 words
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Article, Illustration432 1999-06-01 42 Felix Chan - By 1 Felix Chan [SINGAPORE] Emery Worldwide plans to launch a guaranteed product from Asia to North America this month following a successful launch in Europe earlier this year. Called Gold Priority Plus in the US, the product provides money-back guarantee for on-time432 words
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310 1999-06-01 42 bailing out mumn airldves AFP [MANILA] Philippine Airlines (PAL) will ask two Hongkong firms and government financial institutions to inject a combined US$lOO million (Ssl72 million) in fresh capital to keep PAL flying, the company president said. Bank of East Asia andAFP - 310 words
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Article1728 1999-06-01 42 CITY FUCHT ETA FU6HT CTD 0F6 1815 LH779 2359 AMtfd* 8A7381 1930 BA7382 2055 «*579 2359 OfBI 1930 0F82 2055 $0200» 2389 AN8229 2230 S09t9 1530 ***** 0105 LH6380 2230 S0803 1905 C23S4 0910 S0229 2230 CZ351 2045 $0804 1020 AmtertM KL843 0435 6A972 0010 jfatf1,728 words
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305 1999-06-01 42 Bernama [MANILA] Construction of Metro Manila's US$655 million (Ssl.l billion), 168 km Mass Rail Transit (MRT) 111 is on track and barring any hitches, will start running late this year. "The contractors had assured us it will be finished on time," MetroBernama - 305 words
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Page 29 Advertisements
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Advertisement591 1999-06-01 29 Flag states have work cat oat Those which fail to set strict minimum ship standards should be isolated by the shipping industry and other states. Page 2 SFCCI workshop The Singapore Federation of Chambers of Commerce and Industry (SFCCI) will be holding a two-day International Chamber of Commerce seminar on591 words
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Advertisement21 1999-06-01 29 Pilot row may threaten Cathay's return to profit HK carrier may be losing HKs2om a day in revenue: analysts. Back Page21 words
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Page 30 Advertisements
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Advertisement662 1999-06-01 30 [SUPER SHUTTLE EXPRESS I Fl IQULF KARACHI EXPRESS (OKX) VPSa VOYAGf ICQ Sm"*""" VBSB VOT |JU I DMM I lAN MO RAR CM KG fST 00Q GUJKMUMA 3*WS2I 2*/05 U/04 PRO NBUOYD WURMAM 4*T~ 19/05 11/0$ 21/05 23/05 20/05 11/0* 05/0* 04/04 NYI CASTOR 10W522 02/0* 20/0* NYKVKGO 111 24/05662 words
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Advertisement84 1999-06-01 30 A SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAW PORT> Mono Kana A All China Pot*. lEVIWV TMUW SUM VK«MLI Vtsstl VOY HP SIN ETA TYO ETA K0» ETA YOK ETA NGO ETA OSA HOUSTON V.*****84 words
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Advertisement818 1999-06-01 30 represented Members of the 2®S®! by Members of the Registry o< M.di Singapore Freight Forwarders Acaearted Shipping Agents. UUp Association V'"y Sngapore Shipping Association ULY UNE MALE I VESSEL VOV ETA ETA ETA E KLAXi SPOKE MALE hapm* Lfl> VKW li« Ht* 2VM Wm MM «t*7 11/T7 1) UNER SERVICE818 words
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Page 31 Advertisements
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Advertisement1181 1999-06-01 31 I SAX SERVICE (DIRECT) vesa vot sire ux oak dai hou en ax mbw ati kyc mjjgQMOg 02g 02/06 17/06 22/06 22/06 22/06 22/06 22/06 22/06 23/06 23/06 API SARDONYX 0)2 09/06 24/06 29/06 29/06 29/06 29/06 29/06 29/06 30/06 30/06 AfITOWMAIM 0251 16/06 01/07 06/07 06/07 06/07 06/07 06/071,181 words
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Advertisement2000 1999-06-01 31 0 HANJIN SHIPPING mJf I ilkMyilM -Wes *****30 HANJM SHIfPNG (S) PTI UP M« <■» MOW* *****35 737 SAIiS *****74 731 DOCUNUI *****71 774 OfHAIKMS *****50 7SI mm UAt *****5S FAX TTTWtO CK WO 11 534<*****M |TO NW USA CANADA USA CANADA" BRva/vor Iw I SHStTwr su ttw dbT rax2,000 words
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Advertisement429 1999-06-01 31 FULLY COMTAINiIIIiP PIPICATIP IHVItII KMTC MOOTUBA 30/05 01/00 751 07/ M 00/00 M/M 10/ M 11/ M KMTC ULSAN M7S M/M 11/00 11/ M 15/ M M/M *J„ Ifl jguggs wis 00/oo m/m wm w/m 13/ M is/M u/m ii/m provides Lvl (OIISOIIQfIIion TO HTUMMISPBWH 07SS 11/ M H/M 70/429 words
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Page 32 Advertisements
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Advertisement1452 1999-06-01 32 DSR SENATOR LINES TO UK/CONTINENT TO MELNUKRRANEANCANADA ggt WW SM LfH ATM AIM HAH SUV RJ( VtSSa VOV IT BIT Vt FOS VLC MTU HAMJN PORTLAND MM» UN ItM ItM MM SN S« MM CAIJFONMA SENATOR WMKS HN S* BH DM Hi M(7 NBWMSTAN WOKS M M U V N1,452 words
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Advertisement769 1999-06-01 32 SSSS, l-JW J «RW*IMaTMNM S81I:(064)*****6 MAMLA: (632) *****24 PEMANO: (04) *****36 BANGKOK: (662) 2&0667 SURABAY*<3I) *****0 P- KELANQ: (03) *****77 JKT (21)*****07 X)W: (61) *****3 KUCH6IQ (062) *****1-3 BOMBAY MADRAS MV "XPRESS NILGIRI" V.lBl MV "SINAR TIMUR" V.014 ETA SIN: 7-6-99 ETA SIN: 7-6-99 PORT KIAN6/PENANC VANCOUVER MV "SEA LINK"769 words
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Advertisement511 1999-06-01 32 LINE By TlbiM34MHUbtSMlll j IiUARA 1 LABUAN vcsa mr nt in vcsa vor etd n* SPOM MIMA SPOM IM jpaosrai via/w 03/06 06/06 jrtova vis/n 03/04 n/u CAAAKAM332VIJE/44 07/06 10/06 CMMAM332 VIJE/W 07/06 fl/06 JPtOSPER VIX/ff 13/06 16/06 JPIOSPBt Vl*/W 13/06 17/06 CAAAIAJN332VI4E/M 17/06 20/06 CMMAM332 VI4I/W 17/06 21/06 IK.511 words
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Page 33 Advertisements
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Advertisement1430 1999-06-01 33 maul [VESSEI *>* KHW HKO WW PKG PQ6 DXB DOOM BA BOK IMAM TEYFOURI PCL-5104 26/08 28/09 01/08 02/08 11/08 12/08 13/08 18/08 17/08 MUM BAAKERI PCL-5108 02/08 04/08 08/08 09/08 18/08 10/08 20/08 22/08 24/08 IRAN SHAHRYAR PCL-8108 09/08 11/08 18/08 18/08 28/08 28/08 27/08 29/08 01/07 IRAN BAABAEI1,430 words
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Advertisement1694 1999-06-01 33 Mwd |ji J g iwriM Is»tG*fO«rS GHOUI AMKTi iSHMTONWAT Hk M» INO F«: *****0J OUIWUDII/U SfSlffiiS 11 ffi tTP {USSS.ISSLmi m»!!£Li —"■■"<»/» COSTU acenciis mi SM MD t/shpmt deft 4wsws til- n-py-as 3im fax.- w-tz-ismyt I w «E ns~~i XUWff/IUI! 02/* 07/ M 11/* HANM/MI7W a* 25/05 21/05 02/04 IMUI1,694 words
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Advertisement521 1999-06-01 33 CHINA SHIPPING (GROUP) COMPANY CHINA SHIPPING CONTAINER LINES CO., LTD. FAR EAST EUROPE FULL CONTAINER EXPRESS SERVICE WESTBOUND (FIXED WEEKLY SERVICES) VSI VOT I TJW I CMN SMA HKO js'POnil WM HAM FXT MARE GAiUCUM 990 23 May 25 May 28 May 3) Moy 03 Jun 24Jun 25Jun 77 km521 words
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Advertisement29 1999-06-01 33 Shipping Times Find out more about advertising that delivers your business facts through the fax. Your 24-hour round-the-clock instant info access centre to shipping services and products CALL: 740-204429 words
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Page 34 Advertisements
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Advertisement1304 1999-06-01 34 EUROPEAIK/SCAMDtMAVIA/FmjWOfIIUSSIA ce. n y,.r IS ?P!L HBG TMP ZH LMV I LHV THP RDM A** HOG Pitt SGP f MJ l6W <Bl *40 28/06 2MM 29/06 30/06 E ROYAL RE-042 1345 ***** 1445 16/05 11/05 06/04 07/00 E OWMKMHOB 1540 0347 00/07 0447 00/07 07/07 0047 E RACER RE-027 10/051,304 words
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Advertisement1588 1999-06-01 34 nantai line HILLY CONTAMBNSED SOVKE TO MAURITIUS SOUTH AFtKA vessel vot si m pub m cpt bo ■jjWjjW *0355 10/N l«/N 22/04 25/04 27/N 71/04 wmmm w% am »/N 03/07 ow 07/17 mroifflWS _*0355_ 04/07 12/P7 14/P7 IMP ?0/07 23/07 SOiMimsOlt IDI3S 13/07 a/07 27/07 30/87 31/17 mmouffll llfltS 23/071,588 words
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Page 35 Advertisements
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Advertisement414 1999-06-01 35 mm MYANMA wHBk FIVE STAR UNE vT (MyoNNHK Notioaal Lite) loading for Yaogoa (Rangoon) VRSft VOT SIN PKL Pfß PGU RAGO VIO9W sit MAMIAMYME I4W 09/0* MALAYSIA AGENTS: BOUSTIAD SMPPMG AGENCIES KIN: TH (********** PKL HI (03) *****01 PIN: TH (04) *****02 PGU: TH. (07) *****21/4 BANK LINE (A Mrvka414 words
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Advertisement1231 1999-06-01 35 HMNEHYUNDA^AERCHANTJMARINECO^TD^^^^^^ [VBSa VPT SW SOU I IB! RW I BWT NMi I MV I Ht I IOBSE VOTI SOU 180 I RIRI I BWT |N— I IV I Ftt I SM I HYDUH 31SW 02/0* 11/04 10/0* 21/0* 24/0* KXCORAA 0071 14/05 15/05 00/05 11/05 02/0* OANUK S4SW 03/0* 21/0*1,231 words
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Advertisement1078 1999-06-01 35 m t normgian ipecakzed aAxnmen ©2)^(oJ(g Wilhelmsen Unes TO NORTH AND LATIN AMERICA ~RORO HEAVY LIFT SERVICE' VESSB YQT Mr HBGHT SM lAX Ott MU SAV Ml Off MTC NEW TjoT~| ttu»OT F912 4001 ms 6.3* io/M o*/07 Ts7o7 il76r 2076T m7oT 2376T"M76T w7ST *717" MWai F913 4001 m 6.31,078 words
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Page 36 Advertisements
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Advertisement1920 1999-06-01 36 INDONESIA NATIONAL LINE TO AUSTRALIA "I FUU.COKWMNER«EHyiCE ML |w»l m m stp m. it hm. WWW IS M/MM/M U/N «/M 71/ M 14/ M V/U m—MB lg !•/■»)i/m n/na/m/mi/vu/v msjmi 17/wh/w vm n/v ts/v m/v n/w w—BMW lmhvM»/Ml |w/«Hw/y|n/y| h»/»HFEEDER SERVICE TO INDONESIA VOT V 0« SUUUTt ILftUMK MHJMKCJRMI 1111,920 words
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Page 37 Advertisements
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Advertisement68 1999-06-01 37 NEW SERVICE TO: ri r T JEBEL ALI PORT SAID CjDCuQSO BENGHAZI I TRIPOLI WSBBSSSOt TUNIS ALGIERS **********11 casablanca Refer To P2 6 Turn To Pg 14 (every mowwed/fri) m Richfield Marine |g| Agencies (S) Pte Ltd Oceanus Shipping Agency NEW PACIFIC UNE Our Schedules Are NEW SERVICE On Pe68 words
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Page 39 Advertisements
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Advertisement56 1999-06-01 39 VaUl Dial 740-6000 on demand —MmJ (Retrieve more schedules!) S Press "1" JBfcii V"' IfH^v fjmCV Select the port and key in SVI the four digit code eg: To New York (NYQ 2275 Key in your fax number I your phone number Wi-» X* r Another innovative service offered by56 words
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Page 41 Miscellaneous
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Miscellaneous128 1999-06-01 41 1^ LEGEND. R Thunderstorm Temperoture c X\ V Shower Weather _X Wind direction with speed m knots Ro«n W < Cloudy Sky Wove Surfoce wind* or* indicated by arrows which fly wtth the wind O"* circle represents calm of Aght and vonatote wmds 1 One holt tleche represents 5 knots128 words
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Page 42 Advertisements
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Advertisement10 1999-06-01 42 Hock Lock Siew in companies and markets section, Page 1710 words
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