The Business Times, 15 June 1999

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Microfilm: NL21504
Total Pages: 42
1 42 The Business Times
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  • Title Section
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    14 1 THE BUSINESS TIMES MITA (P) 046/12/98 85c SINGAPORE IntPniit. lilt|S?7/business-times.asial.com.sg/ TUESDAY, JUNE 15, 1999
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  • Article
    Lock icon MARKET SUMMARY
    65 1 CI 2L mm MUB (-8.79) il™ UVttJ»(+2.o3) PI am mm U 284jM (+0.80) gjumrMk STOCK HABKET DQMCES Monday Change KLSKCOMP 782* M122 NIKKEI 17J88L82 4.7i HANOSENO 1M*U7 +14.81 SET INDEX ***** *741 JAKARTA COUP __I7».4* +1L17 MANILA COMP _U»LM +U.41 TAIPEI WPI 7J7U8 *82 SEOUL COMP 821 S
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  • Article
    Lock icon FINANCE
    70 1 FOBEX KATES uss s$ OSS 1.71 J £(USS/8Sper£) Llll 17M EUR0(USS/3I per E) LOW 1.794 DM L887 QJ17 YEN 1208 1.418* KM SJW 1.461 HKS 7.717 (211 BAHT SU9 MM KJPIAH 7JU9 •SttoM WHO FIDS BATES SINGAPORE* 6JO KUALA LUMPUR 12* JAKARTA 44.00 BANGKOK 10.00 MANILA 11.00 B0WG8DNG 815
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  • Article
    Lock icon Western Digital to move out bulk of drive ops
    573 1  -  By Sept, 70% of output will be transferred to M'sia By, Jennifer Lien [SINGAPORE] Higher costs in Singapore have claimed another victim, as loss-mak-ing disk drive maker Western Digital makes plans to shift the bulk of its desktop drive operations to
    573 words
  • Article, Illustration
    Lock icon Asia Food spinoff marshalls strong foreign interest
    521 1  -  Hot stock Golden Agri's foreign tranche subscribed 'more than 2 times' By{ Conrad Raj [SINGAPORE] Golden AgriResources, which is being spun off by listed Asia Food Properties, appears to have attracted considerable interest, with its foreign tranche said to have been subscribed more
    Source: AFP  -  521 words
  • Article
    Lock icon Khan's Clob cash offer set to close with poor response
    895 1  -  Byt Conrad Raj, Louis Beckerling [SINGAPORE] Businessman Akbar Khan's cash offer for 12 billion Malaysian ringgit (555.4 billion) worth of frozen Malaysian Clob shares, which closes this evening at spm, is said to have met with poor response from the
    895 words
  • Article, Illustration
    Lock icon The loneliness of an SES share broker
    54 1 [SINGAPORE] The Singapore Stock Exchange's computer trading system acted up yesterday morning, halting trading for several hours. With screens going blank, there was nothing much for this lone remisier to do but to snack on an apple—and wait 4 Upset traders'comments andfhll report,
    ARTHUR LEE  -  54 words
  • Article, Illustration
    Lock icon Private home rents fall 7.5% in Q1
    489 1  -  Rents are 34% lower than in third quarter of IW7 By\ Marissa Chew [SINGAPORE] Rentals for private homes fell by another 7.5 per cent in the first quarter of this year, the sixth consecutive quarterly decline. The fall brought the decline since the
    Source: IRAS  -  489 words
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      155 1 nwuin Bqpiah, stacks raDy Indonesian stocks and the ruplah rallied as the opposition PDI-Fs chances of forming the next government took an upturn after the ruling Golkar party all but conceded defeat, Pgl Kwik Kian Gie, the economic adviser for Indonesia's leading opposition party, said he won't push a plan
      155 words
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      10 1 Effective Capital** full statement, Pg 19 Dollar against yen pages
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      136 1 J Rotterdam tel: 31 10 401 6474 fax: 31 10 401 6558 Changsha tel 86 731 229 4460 fax: 86 731 229 4425 ■''r*. Amsterdam tel: 31 20 527 6474 fax: 31 20 527 6558 Beijing tot: 86 10 6621 0720 fax: 86 10 6621 0725 li* London tel: 44
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Lock icon S'pore insurers still need fire rate freeze: GIA
      450 2 Scheme launched in 1986 to prohibit GIA members from cutting fire premium rates Reuters A CONTROVERSIAL agreement freezing rates in Singapore's fire insurance market needed more than ever and \|Ul stay, despite efforts to speed deregulation of the country's financial services sector.
      Reuters  -  450 words
    • Article, Illustration
      Lock icon Korea reforms on agenda during PM Goh's visit
      357 2 The Straits Times [SEOUL] Prime Minister Goh Chok Tong arrived in Seoul yesterday afternoon for a three-day official visit at the invitation of Korean President Kim Dae Jung. Accompanied by his wife and a handful of officials from the Trade and Foreign
      The Straits Times; WONG KWAI CHOW/ST  -  357 words
    • Article
      Lock icon JTC launches $300m 10-year bonds
      239 2  -  /fc/i Carol Eng JURONG Town Corporation yesterday launched $300 million worth of 10-year fixedrate bonds to refinance existing debts and its land and factory developments. Some $12 million has been set aside for the public, with the remaining $288 million for institutions and high networth
      239 words
    • Article
      Lock icon SingTel centre to take special care of SME customers
      180 2 SINGAPORE Telecom has stepped up efforts to hold on to small and medium enterprises (SMEs), which now form the bulk of its corporate customers, ahead of StarHub's commercial launch on April 1 next year. The telco announced yesterday that it has
      180 words
    • Article
      Lock icon Include proviso for ads in agreements with KL
      239 2  -  MAILBAG Tan Kok Tim via Internet Singapore I FULLY support the letter "Place water treaty ads in Malaysian papers" by Mr Koh Kian Lai (BT, June 11). Experience has shown that all contracts with our neighbours that affect the lives of Singaporeans
      239 words
    • Article
      Lock icon Foreign tranches: Buyers cant have cake and eat it too
      239 2  -  Denis Distant via Internet Singapore YOUR Hock Lock Siew column "Share mergers: should foreign holders get a premium?" (BT, June 12) tried very hard to justify the proposed additional bonus shares for the foreign tranche shareholders of DBS Bank on
      239 words
    • Article
      Lock icon Nov cost cuts will have bigger impact next year: BG Lee
      494 3  -  It is too early to let guard down despite early turnaround, saysDPM Byi Audrey Tan THE November package of cost cuts will have a bigger impact on the economy next year, rather than this year, said Deputy Prime Minister
      494 words
    • Article, Illustration
      Lock icon Turf Club plans to start night racing in Sept
      383 3  -  By^ Conrad Raj HORSE-RACING in the hot sweltering sun will soon be a thing of the past when the Singapore Turf Club moves from the present Dunearn Road site to its spanking new $600 million premises in Krai\ji. The first race
      ARTHUR LEE  -  383 words
    • Article
      Lock icon Institutes launching courses to train finance professionals
      184 3 THE Singapore College of Insurance and the Institute of Banking and Finance are starting courses soon to train people to become financial services professionals. The SCI and the IBF have jointly launched the Diploma in Financial Planning programme. More than 100 people have
      184 words
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      345 2 1 I UNIVERSITY OF SOUTH AUSTRALIA^^^* "Ranked Among Australia's Best Universities" PhD"® MBAP Doctor of Philosophy in Business kjjvyl OWM Singapore 17th Intake «28 June '99 Singapore fith Intake July *99 18 months only; 100% in Singapore FTn QT to successfully produce 10 PhD pHttiiUflH •12 modules plus a project;
      345 words
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  • FOCUS: PROPERTY
    • Article
      Lock icon API buys 2 sites in Cambodia, Thailand
      438 4  -  US-based group sees potential in properties close to American int'l schools By. David Boey [SINGAPORE] S-BASED Asia Prop- erties Inc (API) has struck a preliminary agreement to buy commercial property in Cambodia and Thailand worth some M US$2O million (Ss34 million). The seller
      438 words
    • Article, Illustration
      Lock icon FHTK selling freehold site
      336 4  -  15,900 sq ft site in T&njong Pag&r expected to top $21m Byi Carol Eng LISTED FHTK Holdings is selling a 15,900 sq ft freehold site at Tanjong Pagar which can be developed for commercial and residential use. The sale will be via tender and the site
      CB RICHARD ELLIS; FILE PHOTO  -  336 words
    • Article
      Lock icon Two new directors for Jones Lang LaSalle
      178 4 TWO executives of property consultancy Colliers Jardine have joined Jones Lang LaSalle (JLL) as directors in the residential and investment departments. Ong Beng Kheong is now JLL's national director and head of residential, while Ho Eng Joo is associate director of investment sales.
      178 words
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      219 4 PRIME FACTORY CUM WAREHOUSE FOR SALE Location Tuas Vicinity Description A part single-storey factory with ancilliary office, part 3-storey factory and a single-storey warehouse. Land Area Approx. 252,000 sq ft GFA Approx. 160,000 sq ft •Tenure JTCLeasehold3o 30yearswef 1996 •Remarks Sale with vacant possession Sole Marketing Agent CB Richard Ellis
      219 words
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      258 4 ■sm— Colonial Bungalows Apartments for Lease PjnjKwP F* Looking for a home with a fascinating history and unique character and flavour? rW J! We have many black white IjTf (TIT llf e M >: colonial bungalows and apanWfelf I [la 1 ments situated on sprawling grounds in various locations in
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      203 4 IFOR SALE BY TENDER PRIME FREEHOLD /7 £5*7 -ar DEVELOPMENT LAND rCT m W Address 8,11,13,14 &15 Kee Seng Street SUBJECT (opp. Keppel Tower) CT L Loeatton Off Tanjong Pagar Road, wrthin n walking distance from Tanjong 11 om Pagar MRT Station. Land Atm 1478.8 sq m (15,886 sq ft)
      203 words
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      130 4 The Straits Times CLASSIFIED Where buyers and sellers meet Find someone to fix your T.V. Buy It Sal It Find It At last a franchise... for business people like yowl A* Fastway Master Regional franchises, you wont defcer parcels but yog wl toad and motivate your team of Courier Franchieeee.
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  • ASIA ON THE MEND
    • Article
      Lock icon KLSE set to unveil new settlement system
      507 5  -  Long-awaited move will overcome one-day lag between delivery and payment of shares From. Eddie Toh in Kuala Lumpur THE Kuala Lumpur Stock Exchange will soon unveil a new system to overcome the share delivery-versus-payment (DVP) problem, a development that will further boost foreign
      507 words
    • Article
      Lock icon More govt spending needed to spur consumption, says Thai think-tank
      387 5  -  From Harish Mehta in Bangkok THAILAND should urgently spend more to stimulate consumption and ward off the threat of deflation, even though this means upping the budget deficit by another 30 billion to 40 billion baht (Ssl.4-$1.9 billion), a top
      387 words
    • Article, Illustration
      Lock icon US$ explodes above 120 yen on BOJ buying
      484 5  -  By. Larry Wee [SINGAPORE] Round after round of aggressive US dollar buying by the Bank of Japan saw the greenback stage a powerful rally of as much as 2.4 per cent, or almost three yen, to a high of 120.85 Japanese yen
      Source: Bridge; AFP  -  484 words
    • Article
      Lock icon S Korea sees GDP growth exceeding 5%
      330 5 Inflation likely to stay low at 2%: central bank chief [SEOUL] South Korea's 1999 gross domestic product growth should exceed 5 per cent, and with low inflation and plenty of slack in the economy, that pace can be sustained for a while, Bank
      330 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Rupiah, stocks higher as Golkar concedes defeat
      601 6  -  No major shifts in economic policy seen if Megawati's party forms new govt From Shoeb Kagda in Jakarta INDONESIAN stocks rallied yesterday and the rupiah touched a six-month high as the opposition Indonesian Democratic Party-Struggle's (PDI-P) chances of forming the next government took
      Source: Bloomberg; REUTERS  -  601 words
    • Article
      Lock icon No bloodshed, so relieved Indonesians fly home
      178 6 SINGAPORE Reuters INDONESIANS who had fled overseas ahead of their country's historic election last week are returning home after the polls defied predictions of bloodshed. The check-in counters of Indonesia's Garuda airline were packed at Singapore air-" 1 port at the weekend with
      Reuters  -  178 words
    • Article
      Lock icon Megawati adviser says he won't force rupiah peg issue with IMF
      391 6 JAKARTA Bloomberg, Bridge News KWIK Kian Gie, economics adviser for Indonesia's leading opposition party, said he won't push for a plan to fix the country's exchange rate if the International Monetary Fund (IMF) doesn't support it. Mr Kwik, who
      Bloomberg,; Bridge News  -  391 words
    • Article
      Lock icon Megawati has routine medical in S'pore
      110 6 JAKARTA Reuters MEGAWATI Sukarnoputri, leader of Indonesia's top opposition party and presidential frontrunner, flew to Singapore yesterday for a medical check-up, a party source said. "She went to Singapore today for a medical check-up," the source said, adding the check-up was "routine" and that
      Reuters  -  110 words
    • Article
      Lock icon HP M'sia to raise funds through ringgit bonds
      474 7  -  Issue, expected to be valued at RMl5Om-160m, seen getting good response at tomorrow's debnt Front Diana Oon Abdullah in Kuala Lumpur HEWLETT-PACKARD'S Malaysian operations is set to raise funds by issuing ringgit bonds, in line with the government's call for corporations to
      474 words
    • Article
      Lock icon Cholera hits 46 in Brunei, govt checking food stalls
      164 7 BANDAR SERI BEGAWAN Reuters AN outbreak of cholera has struck 46 people in Brunei, prompting a government crackdown on street restaurants and the suspension of fresh food supplies to schools. Acting Health Minister Abdul Aziz Umar said another 13 people were
      Reuters  -  164 words
    • Article
      Lock icon Thailand lowers export growth target to 2.1%
      450 7  -  Downward revision from 4% due to pressure on export prices: central bank From Harish Mehta in Bangkok THE Bank of Thailand (BOT) yesterday said the US dollar value of the country's trade would be lower than earlier forecast, with exports declining due to
      450 words
    • Article, Illustration
      Lock icon Indon govt suspends A-G over bribe allegations
      337 7 JAKARTA AFP THE Indonesian government said yesterday it will temporarily suspend Attorney-Gen-eral Andi Ghalib pending a legal decision over allegations he took bribes, ministers said. "Tomorrow (Tuesday), a presidential decree on the temporary suspension of Andi Ghalib as attorney-general will be issued," Justice
      AFP  -  337 words
    • Article
      Lock icon M'sia to start electricity bidding system next year
      283 7 SINGAPORE Move could save Tenaga N&sion&l up to RMlb a year Bloomberg MALAYSIA plans to start a bidding system among electricity providers in the first quarter next year in a move that could save national utility Tenaga Nasional Bhd up to one
      Bloomberg  -  283 words
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      729 6 I Poh Lian Holdings Limited (Incorporated in thm RfMjbOc of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Poh Lian Holdings Limited ("the Company") will be held at 103 Defu Lane 10, 2nd Floor, Poh Lian Building, Singapore *****3 on Wednesday, 30
      729 words
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      335 6 KPMGSeminarSeries Managing interest rate risk for corporate treasuries Thursday Friday, 8 9 July 1999,9.00 am to 5.30pm Grand Hyatt Singapore, Laval 3, Magnolia 4 What All corporations arc exposed to interest rate risk. For many, this is combined with a currency riak on their assets and liabilities. Proper management of
      335 words
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      292 7 If you're looking for a well constructed portfolio then property may be the answer.. More and more property companies are fisting on the rewards of the property market without the risks of stockmarkets of Europe, representing a powerful investment direct property investment. proposition. You have only to look at the
      292 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Japan crisis slashes HK banks' int'l assets by 22%
      271 8 ZURICH HK harder hit than any global financial centre outside Japan, says BIS Bridge News ties to banks in Hongkong only to return them to Japan in the form of non-bank loans. "As a result of this role of Hongkong as
      Bridge News  -  271 words
    • Article
      Lock icon PBOC plans to turn to bailouts
      222 8 SHENZHEN Reuters THE central bank official in charge of China's financially volatile south plans to shut down fewer troubled institutions and turn instead to bailouts, the Financial Morning Post reported yesterday. "At this time, a policy of aid has less cost and is more
      Reuters  -  222 words
    • Article
      Lock icon China and Korea in mobile phone pact
      148 8 SEOUL AFP CHINA and South Korea agreed yesterday to boost business cooperation on mobile phone technologies developed by the United States, officials said. The agreement came at a meeting of officials headed by South Korean Information and Communication Minister Namgoong Suek and Chinese
      AFP  -  148 words
    • Article, Illustration
      Lock icon Beijing signals renewed interest in joining WTO
      357 9 BEIJING May exports rise 4.2% to USsls.sb, the first monthly increase this year Reuters CHINA reaffirmed yesterday its interest in joining the World Trade Organisation as May trade figures showed its first monthly increase in exports this year. Chinese state media, which had
      Reuters; FILE PHOTO  -  357 words
    • Article
      Lock icon HK slams Cox report, denies illicit hi-tech transfers
      323 9 HONGKONG Reuters THE Hongkong government hit back yesterday at a recent US Congressional report that accuses China's army of using the territory as an illegal conduit for strategic American goods. The report, by California Republican Christopher Cox, also called Hongkong's border controls
      Reuters  -  323 words
    • Article
      Lock icon State banks support Three Gorges project
      216 9 YICHANG, China AFP CHINA'S state banks are ready to fund the second phase of the massive Three Gorges Dam hydroelectric project, an official told AFP yesterday. "The necessary funds are assured for the second phase of the project (1998-2003)," said Lu Yumei, chairman of
      AFP  -  216 words
    • Article
      Lock icon Beijing support boosts China shares for foreigners
      315 9 Shanghai Shenzhen B stocks np 9.9% while those on Shanghai bourse rise Bloomberg CHINA shares designed for foreign investors rallied after the head of the nation's securities watchdog suggested that their worldbeating rally this year was sustainable. "The current rally bears the hallmarks
      Bloomberg  -  315 words
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  • ASIA
    • Article
      Lock icon Japan bankruptcy debts double in size in May
      378 10  -  Underlying trend points towards a still-rising corporate failure rate From. Anthony Rowley in Tokyo THE value of debts left by Japanese corporate bankruptcies more than doubled in size in May year-on-year, according to data published yesterday. Although much of the surge was
      378 words
    • Article
      Lock icon Nippon Credit liabilities raised
      433 10 TOKYO Liabilities surpass assets by 3t yen, says regulator Bloomberg JAPAN'S banking regulator said liabilities at Nippon Credit Bank Ltd outstripped assets by three trillion yen (5542.5 billion) 30 times more than the government estimated when it seized the bank in mid-December, and a far cry
      Bloomberg  -  433 words
    • Article
      Lock icon BOJ decides to keep borrowing costs close to zero
      244 10 TOKYO Economists, business groups say decision is right one Bloomberg JAPAN'S central bank voted to keep borrowing costs unchanged at yesterday's poli-cy-setting meeting, as it seeks more evidence that the economy is on track to keep expanding at the first quarter's
      Bloomberg  -  244 words
    • Article
      Lock icon Hamanaka denies he gained from trades
      237 10 TOKYO Bridge News YASUO Hamanaka, former chief copper trader for Japan's giant trading house Sumitomo Corp yesterday denied an allegation that he had earned profits through fictitious deals in unauthorised, off-book trading activity, which Sumitomo says cost it US$2.6 billion (554.5 billion). The Tokyo
      Bridge News  -  237 words
    • ASIA Notes
      • Article
        Lock icon EPA seeks early signals
        61 10 Bridge News [TOKYO] Japan's Economic Planning Agency will gather more economic data and surveys so it can get a better grasp of economic conditions as early as possible, officials at the agency told reporters yesterday. The EPA's expanded operations will include gathering consumption data in service
        Bridge News  -  61 words
      • Article
        Lock icon Supplementary budget on the way
        75 10 Bridge News [TOKYO] Deputy Cabinet Secretary Muneo Suzuki reported yesterday that Finance Minister Kiichi Miyazawa said the Ministry of Finance is preparing to compile a supplementary budget to fund employment measures approved by the cabinet last Friday. Mr Miyazawa also said the ministry is considering
        Bridge News  -  75 words
      • Article
        Lock icon Korean watchdog wants more info
        62 10 AFP [SEOUL] South Korea's financial watchdog yesterday said it was demanding further information from eight bidders vying to acquire troubled Korea Life Insurance Co Ltd to show their commitment to the deal. The demand from the Financial Supervisory Commission for more details from consortia bidding
        AFP  -  62 words
      • Article
        Lock icon Get tough, S Korean military urged
        90 10 AFP [SEOUL] South Korea's opposition yesterday urged the military to take tough action against repeated intrusions by North Korean vessels into disputed waters in the Yellow Sea. The Grand National Party also accused President Kim Dae Jung of responding lukewarmly to the week-long standoff
        AFP  -  90 words
    • Article, Illustration
      Lock icon Korean won headed for higher ground: dealers
      492 11 SEOUL But they expect govt to control pace of rise so as not to derail export surge Reuters THE South Korean won is set to gain ground in the coming months, lifted by the country's current account surplus and a heavy inflow of
      Reuters; Source: Bloomberg  -  492 words
    • Article
      Lock icon Unions on hunger strike over alleged Seoul crackdown
      335 11 SEOUL AFP UNION leaders launched an indefinite hunger strike yesterday as labour unrest mounted in South Korea over allegations that the government plotted a covert crackdown on unions. About 300 union members, meanwhile, scuffled with riot police during a rally near the
      AFP  -  335 words
    • Article, Illustration
      Lock icon Markets hit by conflict at Kashmir border
      609 11 SRINAGAR Rupee, stocks end lower after exchange of heavy fire by guerillas, India AFP. Reuters FINANCIAL markets were rattled as India and Pakistan exchanged heavy fire on their disputed Kashmir border yesterday, a day after India warned it was ready for war if
      AFP.; Reuters; AFP  -  609 words
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  • THE WORLD
    • Article
      Lock icon Fast productivity growth can't go on forever, says Greenspan
      413 12 WASHINGTON Goods inventories np in April, business sales down for first time since Jan Reuters, Bloomberg FEDERAL Reserve Chairman Alan Greenspan offered a cautionary note yesterday about the US economy's capacity to expand quickly without inflation, saying fast productivity growth may
      Reuters,; Bloomberg  -  413 words
    • Article
      Lock icon IMF gold sales will hit countries it aims to help: lobby group
      424 12 Indebted nations that produce gold hurt by falling prices AFP, Reuters, Bridge News [LONDON] The plan drawn up by rich countries involving the sale of IMF gold to fund debt relief for poorer nations will hurt the very
      AFP,; Reuters,; Bridge News  -  424 words
    • Article
      Lock icon Time for the Other Clinton —or is it?
      942 12  -  LBTTHRFROM WASHINGTON Can XZill&ry win the Mew York Senate ran? By Leon Hadar IT may surprise some, but Washington's pundits are not pondering the situation in Kosovo this week. No! Kosovo, the Balkans or even the sexy topic of Chinese espionage is
      942 words
    • Article, Illustration
      Lock icon EU Parliament shifts from left to centre-right
      575 13  -  Belgian PM resigns after coalition govt's defeat, ending 9-year hold on power Froml Shada Islam in Brussels IN a series of elections which ended on Sunday night, voters in Belgium opted for radical change in the country's political traditions while others in the
      APP  -  575 words
    • Article
      Lock icon Blair vows to keep open UK option of joining EMU
      210 13 LONDON Bloomberg BRITISH Prime Minister Tony Blair pledged to "hold firm" and keep open the option of joining the single currency, even after the anti-Eu-ropean Conservative parties won an unexpected victory in the European Parliament elections. Mr Blair conceded that
      Bloomberg  -  210 words
    • Article
      Lock icon Q1 growth of euro economy seen to signal recovery
      361 13 BRUSSELS Economies in region expand 0.4%, up from 0.3% in Q4'9B Bloomberg ECONOMIC growth in the 11 euro economies accelerated in the first quarter, a further signal that economic recovery in the 300-million-person common-currency zone is underway. The euro economy expanded
      Bloomberg  -  361 words
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      12 13 ■today#R+* tk I lianhe laobao m%& -ft®, an fi gig gfr s*
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      246 13 1 if wßttl^^^^ ScmßAN<G>\ mmmmmt 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 charged gets you CitiDollars CitiDollars
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon 'Extraordinary' anomaly of S'pore firms
      855 14  -  THB BOTTOM LDVB OPINION By David Mason The writer was a partner in an international accounting firm in Singapore for 14 years. He is now a business consultant in the United Kingdom. He contributed this article to BT THE economic crisis in East Asia has
      855 words
    • Article
      Lock icon IN OTHER WORDS
      77 14 This is like a struggle of two bald men over a comb.' Stephen Cohen a South Asia expert at the US-based Brookings Institution, on the military stand-off between India and Pakistan over Kashmir. 'I think obey means: 'I trust you to make decisions that are good for
      77 words
    • Article
      Lock icon Megawati in front
      643 14 EDITORIAL A WEEK after Indonesians went to the polls to elect a new legislature, the slow vote counting seems to point to a victory for Megawati Sukarnoputri's Indonesian Democratic Party-Struggle. The deadline for the announcement of the official count of the ballots, as well as the allocation
      643 words
    • Article, Illustration
      Lock icon Will EU open its doors to its Balkan brothers?
      940 14 Future EG chief backs speedier acceptance of its poorer and unstable eastern neighbours LIKE the proverbial tortoise, the European Union (EU) has been working slowly but steadily to bring the former communist nations of eastern Europe into its fold. Now prepare
      FILE PHOTO  -  940 words
    • Article, Illustration
      Lock icon Sceptics fail to appreciate Japan's revival
      767 14  -  COMMENTARY By] Floyd Norris The writer is a New York Times columnist NYT THE Japanese economic revival is real, and the chances are good that it is going to last. That is welcome news for the world economy, particularly for other Asian countries. But
      NYT  -  767 words
    • Article
      Lock icon WHAT THE OTHERS SAY
      192 14 Aaotkar Mow to HI law AFTER the government decided to seek re interpretation of the Basic Law on the right of abode, some senior officials said privately that a mechanism would be worked out to limit any similar approaches to the National People's Congress (NPC) in
      192 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Golf club membership prices soar
      479 15 THE prices of golf club memberships last month soared to their highest levels in over a year, in tandem with the pick-up in other asset prices. The BT Golf index, which tracks the composite prices of seven leading Singapore-based clubs, surged 10.77 points to 159.81,
      479 words
    • Article, Illustration
      Lock icon Spotlight on royal wedding
      703 16  -  From nuptial dress to scandalous picture, nothing escapes tabloids before the union of Sophie Rhys-Jones and Edward, paulmajemdie reports PAUL MAJENDIE PRINCE Edward and his bride-to-be Sophie Rhys-Jones have set their hearts on his and hers handmade saddles. And when it comes to a time-honoured British
      REUTERS  -  703 words
    • Article
      Lock icon Britain's new fairy tale princess
      639 16 S&tnrd&y's wedding will be much-needed boost for royal family after Diana's death Reuters [LONDON] In true fairy-tale fashion, English girl-next-door Sophie Rhys-Jones will become the wife of a real-life prince this week when she marries Queen Elizabeth's youngest son, Prince Edward. When a tabloid newspaper
      Reuters  -  639 words
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      590 15 Where to wine, dine and entertain../""" (£>• at over3o,ooo locations worldwide. 290 4545 1 Si Chuan Dou Hua Seafood Restaurant (19 20 June) Set dinners available for 6 to 7 pax at $288, 8 to 10 pax at $388 and $448 '60 Dishes Deluxe Feast' a la carte buffet $22
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      Lock icon Page 15 Advertisements Column 2
      54 15 mm. Dhl II k rfy* Coffeehouse ■J'jfgjjg floor 1 Eafflefpbce #B 1 2 Hfi^ u 'l^ Re serv 'ations: 131 OcKwd Road, Sayfrn *****7 7)7 4411 fax: 732 2361 *|H Advertise in Wine, Dine Entertain of The Business Times. Contact Jennifer Ng 740 1581. Raymond Seah <$ 740 1260 or
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  • Page 15 Miscellaneous
    • Miscellaneous
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      1117 15 CRYPTIC CROSSWORD 1 Employing a couple of pages 5 Eccentric characters trail a 9 Farming folk supplying vege- Ml tables to the workers (8) 10 Blunder made by new pupils i2~"^ 12 An officer of the law looks |Hb jHB over record (9) JH>__MM_HH__ 13 Country quarters in which beer
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Centrepoint sees 50% profit jump from housing sales
      510 17  -  Company set to maintain growth level over 2-3 years if market stays firm By< Ang Wan May (SINGAPORE] Centrepoint Properties' chief expects a 50 per cent spike in the company's after-tax profit over the next two to three years from the sale
      SIEW YAW HOONG  -  510 words
    • Article
      Lock icon Hectic trading on SES after morning computer glitch
      635 17  -  Trading extended by half an hour after 3V2-hour shutdown By' Ven Sreenivasan [SINGAPORE] Stockbrokers heaved a collective sigh of relief yesterday as soaring afternoon volumes enabled them to recoup the brokerage income they thought they had lost as a result of a
      635 words
    • Article
      Lock icon Cathay's crisis far from over despite pilot salary accord
      713 17  -  HOCK LOCK SIEW Quak Hiang Whai HONGKONGERS watching the ugly dispute between Cathay Pacific Airways and its pilots must have heaved a sigh of relief when the two parties finally reached last week what they described as a "no winner, no
      713 words
    • Article
      Lock icon i-One.Net gets SES nod for main board listing
      254 17  -  TECH STOCKS Communications solutions provider to launch IPO soon By\ Rahita Elias [SINGAPORE] i-One.Net International, a homegrown integrated communications solutions provider, last week obtained in-principle approval from the Stock Exchange of Singapore for a listing on the main board. The company, which
      254 words
    • Article, Illustration
      Lock icon PacNet buys Aussie ISP Zip World
      253 17  -  By\ Eugene Low [SINGAPORE] Nasdaq-listed Pacific Internet, which is launching its Australian operations by the end of next month, yesterday said it was acquiring Zip World, a Syd-ney-based Internet service provider, for an undisclosed sum. PacNet chairman Chan Wing Leong said the fresh deal
      253 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article, Illustration
        Lock icon F&N's brewing plans for China, S-EA
        439 18  -  APB working to lift performance of China breweries; mergers on the cards By Eugene Low [SINGAPORE] Despite continued losses from Asia Pacific Breweries' operations in China, Fraser Neave remains committed to the beer business there, F&N managing director Tan Yam Pin said yesterday. Speaking
        SIEW YAW HOONG  -  439 words
      • Article, Illustration
        Lock icon Jack Chia-MPH shares, warrants surge on news of takeover plan
        365 18  -  Observers think Simon Cheong may inject assets By f Conrad Raj [SINGAPORE] Jack ChiaMPH shares and warrants surged yesterday on news that deal maker Simon Cheong was planning to take over the company, his first takeover of a listed vehicle.
        365 words
      • Article
        Lock icon Eng Wall posts 32% rise in profit to $1.8m
        216 18  -  W Eugene Low [SINGAPORE] Cinema operator Eng Wah Organization yesterday reported a 32 per cent rise in profits to $1.8 million for the full year ended March 31. Group turnover was $18.8 million, 9 per cent more than the previous year.
        216 words
      • Article
        Lock icon DBS Land seen to securitise more assets to raise funds
        450 18 It'll also make cash call to fond new purchases analysts AFX-Asia [SINGAPORE] DBS Land is likely to securitise more lowyielding investment properties and make another cash call in order to raise further funds to acquire additional assets, analysts said. At
        AFX-Asia  -  450 words
      • Article
        Lock icon GB Holdings makes dramatic turnaround
        225 18  -  By\ David Boey [§INGAPORE] Motorised yacht and powerboat builder GB Holdings has sailed into the black with profits of $10.11 million for the year ended March 31, 1999, saying it expects results for the current year to be "at least as good as last year".
        225 words
      • COMPANY Briefs
        • Article
          Lock icon Pac Century director sells 2.03m shares
          85 18 Reuters [SINGAPORE] Pacific Century Regional Developments Ltd director Francis Yuen has sold 2.03 million shares in the company at $7.96 each, a declaration to the Stock Exchange of Singapore said yesterday. Mr Yuen sold the shares on June 11 through DB Nominees, a discretionary
          Reuters  -  85 words
        • Article
          Lock icon New name lor The Estimate Directory
          82 18 [SINGAPORE] The Estimate Directory (TED) has been renamed BARRA Global Estimates. California-based Martin Dagata, BARRA's director, marketing and product management, investment data products (IDP), said in a letter to subscribers: "To reflect our new emphasis on technology and data quality, we have changed the
          82 words
        • Article
          Lock icon Superior Metal Printing to sell shares
          74 18 [SINGAPORE] Superior Metal Printing (SMP) said it has, together with the other shareholders of Superior Metal Printing (Malaysia) Sdn Bhd (SMPM), signed a deal with Pintaras Jaya Bhd to sell their shares in SMPM. Pintaras has an option to buy SMP's 30 per cent
          74 words
        • Article
          Lock icon Pan Pac Public Co in share placement
          54 18 Reuters [SINGAPORE] Pan Pacific Public Company is making a placement of 8.2 million shares at 73.89 cents each to raise net proceeds of $6 million. It said money from the placement, which amounts to 10 per cent of the company's capital, would be
          Reuters  -  54 words
        • Article
          Lock icon CSC unit wins $15m contracts
          74 18 [SINGAPORE] CSC HOLDINGS said its wholly-owned subsidiary, Ching Soon Construction Pte Ltd, had been awarded major piling contracts totalling $15 million. They comprise Mindef s Design and Build Project at Lorong Hal us, HDB Punggol East Contract and HDB Marine Crescent Upgrading Precinct Ching Soon
          74 words
        • Article
          Lock icon Labroy not negotiating $120m contract
          97 18 [SINGAPORE] Labroy Marine has clarified that it was not currently negotiating any single contract valued at $120 million. It issued this statement to the stock exchange yesterday in response to a market report published on Saturday in The Straits Times. On Friday, its price had
          97 words
        • Article
          Lock icon DBS Land forms joint venture firm
          48 18 [SINGAPORE] DBS Land Limited, through wholly-owned subsidiary DBS Realty, and Singapore Warehouse Corporation have formed a 50-50 joint venture company called Riverwalk Promenade Pte Ltd following their joint acquisition of Trademart last month. The new company has an authorised capital of $100,000.
          48 words
        • Article
          Lock icon KLSE to enforce tougher rules
          81 18 Bridge News [KUALA LUMPUR] Malaysia's Kuala Lumpur Stock Exchange (KLSE) announced yesterday that its new rules to achieve greater transparency and consistency in the conduct of business for stockbroking companies will be enforced from July 1. The KLSE, in a late statement, said the new
          Bridge News  -  81 words
        • Article
          Lock icon Uraco bags manufacturing contract
          40 18 [SINGAPORE] Mainboard-listed precision engineering and contract manufacturing group Uraco yesterday said it has secured a contract to manufacture DLT (digital linear tape) drives for US-based Benchmark Tape Systems. One of Benchmark's key shareholders is Quantum Corp.
          40 words
        • Article
          Lock icon DBS Land gets nod for rights issue
          61 18 [SINGAPORE] DBS Land Ltd said it has secured an in-principle approval from the Stock Exchange of Singapore to launch a one-for-four rights issue of up to 265.89 million shares. The proposed renounceable rights issue is on the basis of one rights share at
          61 words
      • Article
        Lock icon Aim is for a total solution package: Effective Capital
        825 19 We reproduce below a statement issued yesterday on behalf of Effective Capital Sdn Bhd by its public relations agencies Scotchbrook Communications in Singapore and TQPR (Malaysia) Sdn Bhd in Malaysia. It pertains to Effective Capital's cash offer to Clob holders of
        825 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon AOL buys 10% of Web site operator China.com Corp
        390 20 Bilingual service provider plans to float USssom shares on Nasdaq soon Bloomberg [HONGKONG] America Online Inc, the world's largest Internet service provider, bought 10 per cent of China.com Corp, a Hongkongbased Web site operator that is about to sell shares for
        Bloomberg; AFP  -  390 words
      • Article
        Lock icon Wheelock raises bid for Lane Crawford
        294 20 New offer comes after block threat by shareholder group Reuters [HONGKONG] Wheelock and Co Ltd said yesterday it is increasing its bid to privatise upscale retailer Lane Crawford International Ltd by about 5.9 per cent. Wheelock said in a published statement that it will
        Reuters  -  294 words
      • Article
        Lock icon Former HK bourse chief to head new exchange: report
        143 20 Bloomberg [HONGKONG] Hongkong will make Charles Lee, currently head of the Mandatory Provident Fund Schemes Authority, head of its merged stock and futures exchange, the South China Morning Post reported, citing unnamed government sources. Mr Lee, who heads a government agency
        Bloomberg  -  143 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Power firm Dynegy to buy Illinova for US$4b
        275 21 Bloomberg [HOUSTON] Dynegy Inc, a Houston-based natural-gas and power company, has agreed to buy Illinova Corp, owner of an Illinois electric utility, for about US$4 billion (556.85 billion) in stock, cash and assumed debt, people familiar with the talks say. Dynegy, which
        Bloomberg  -  275 words
      • Article, Illustration
        Lock icon Qwest makes offers for US West, Frontier
        514 21 Bids to block Global Crossing are worth USs66b in cash, stock, assumed debt LATWP, Reuters [NEW YORK] Qwest Communications International Inc on Sunday announced offers for US West Inc and Frontier Corp that it hopes will undo deals in which the two companies
        LATWP,; Reuters; Source: Bloomberg  -  514 words
      • Article, Illustration
        Lock icon GE boss says sorry to all staff after blooper
        413 21 LATWP [WASHINGTON] In an extraordinary mea culpa last week, the chief executive of General Electric Co sent an email message to several hundred thousand employees condemning a secretly coded survey sent out by one of the company's units, saying it was
        LATWP  -  413 words
      • Article
        Lock icon Wal-Mart bids US$10b for UK supermart chain Asda
        210 21 US retailer outbids merger offer from the Kingfisher group AFP [LONDON] US retailing giant Wal-Mart launched a bold US$lO billion (5517.1 billion) bid yesterday to take over British supermarket chain Asda, leapfrogging a merger offer from the Kingfisher group. Wal-Mart blew apart
        AFP  -  210 words
      • Article
        Lock icon New FTSE index wants to be Europe's Dow
        280 21 Reuters [LONDON] FTSE International yesterday launched a new stock index it hopes will become the euro zone's equity bellwether and provide a European equivalent to Wall Street's Dow Jones industrial average. "It's very liquid, very easy to trade, and includes stocks in
        Reuters  -  280 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Bank of America to stop sharing customer information
        482 22 Consumer advocates call for tougher and clearer privacy policies LAT-WP [LOS ANGELES] Amid a growing national debate over financial privacy. Bank of America,the largest US bank with 30 million customers, said last Friday that it would stop sharing information about its customers
        LAT-WP  -  482 words
      • Article, Illustration
        Lock icon Minister favours Lyonnais-Agricole tie
        435 22 French govt to sell Credit Lyonnais at 4-18% discount Reuters (PARIS) French Finance Minister Dominique StraussKahn said in a newspaper interview published yesterday he would welcome a strengthening of ties between the privatising Credit Lyonnais and its largest shareholder, the French mutual group Credit Agricole. "If
        Reuters; FILE PHOTO  -  435 words
      • Article
        Lock icon GM unit eyeing failed LTCB affiliate
        253 22 Reuters [TOKYO] A unit of General Motors Acceptance Corp of the US has become a leading candidate to take over a nonbank affiliate of the nationalised Long-Term Credit Bank of Japan, a spokesman for the LTCB affiliate said yesterday. GMAC Commercial Mortgage Japan is
        Reuters  -  253 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Futures rise amid SES trading delay
        132 23  -  WMFX Reports MSCI Singapore Index Edward Cheung, Jardine Fleming THE MSCI Singapore Index futures opened higher yesterday and continued to climb in the absence of the underlying cash market. Stock trading on the Stock Exchange of Singapore was delayed until 2pm due to a
        132 words
      • Article
        Lock icon Futures fall on concern over Nasdaq slump
        172 23  -  MSCI Taiwan tatnres Charlie Kuo Refco Singapore THE Simex MSCI Taiwan Stock Index futures tumbled amid concerns over a slump in Nasdaq last Friday. The June '99 contract opened lower, then hovered between 346 points and 347 points for most of the session.
        172 words
      • Article
        Lock icon Oil prices remain high on consolidation of past week's gains
        339 23 ENERGY REPORT Reuters [LONDON] Oil prices stayed high yesterday consolidating last week's strong gains that were sparked by fresh optimism over Opec measures to erase surplus stockpiles. Brent futures for July delivery traded three cents lower by late morning in
        Reuters  -  339 words
      • Article
        Lock icon CURRENCY REPORT
        333 23 Reuters liMidon THE dollar held above 120 yen in Europe yesterday amid concern that the Bank of Japan could step in again to sell yen as it did overnight. The Japanese central bank's second appearance on the foreign exchange markets in five days triggered a threeyen rally from
        Reuters  -  333 words
      • Article, Illustration
        Lock icon Untitled
        1228 23 nrrERBAMK CROSS rates Jun 14 H c$ {m0 ftr Dm HK$ IN ts lupUh Yw Won RM HZ$ Eifc ta Pwo S$ IH Sfr WT$ tolrt Nmt ESS 09M 17B o 632 4M4 1.235 5.134 28.540 49.970 0.799 7.747 2-515 1.231 34.396 25.054 1133 4.028 *****1467 24.479 0.410 0.662 rlIS
        1,228 words
      • Article
        Lock icon Untitled
        1743 23 glOOM FUTURES n14 MMCR (futures dosiaq«it 5 JOvm) RSS1 CONTRACTS nats/kg) Cjwo VrfMO OjW Hontti Wflfc Low Srtt (tonms) Inttmt *99 ME W525 WW WO 700 w 99 W7.50 300 2 oo 110.50 275 Ort/Otc 99 115.00 «00 j2X£oO H9.75 300 £!j»00 «3.25 RSS 3 CONTRACT (UScwts/kq) Vc< MoaUi Htqh
        1,743 words
    • Article, Illustration
      Lock icon HONGKONG
      1442 24 AFP P| Hang Seng ♦1481 HONGKONG share prices rose a modest 0.1 per cent yesterday to reclaim the 13,000point resistance level, dealers said. "There is not much selling pressure," said Howard Gorges, vice-president of South China Brokerage, adding that "the market is a bit slower as investors hold on
      AFP  -  1,442 words
    • Article, Illustration
      Lock icon CHINA
      557 24 Reuters n Shenzhen Blndex +10J6 MOST of Shenzhen's hard currency B shares ended at the 10 per cent upward trading limit yesterday following supportive remarks from a top market regulator. Chen Yaoxian, vice-chairman of the China Securities Regulatory Commission, gave the stamp of approval to a recent market rally,
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  557 words
    • Article
      Lock icon TAIPEI
      337 24 AFP □WPlndoc -5182 TAIWAN share prices closed 0.1 per cent lower yesterday as investors took to the sidelines, dealers said. "High-technology shares which absorbed some 70 per cent of the turnover in recent weeks slowed in their gains following profit-taking in the previous trading session," said Calvin Jiang of
      AFP  -  337 words
    • Article
      Lock icon WORLD STOCK MARKETS
      2078 24 LONDON MastrMs JmM Hmt 31 Group 7.36 -0.04 Abbey National 13.00 -0.15 A B Foods -4.48 -0.04 A B Ports 2.83 0.01 Alliance t Leicester 8.67 -0.08 Allied Domecq 6.02 0.01 I Allied Zurich 7.57 -0.03 Anqto American Cold 43.70 unch ASOA Group 2.18 0.34 Bin* of
      2,078 words
    • Article
      Lock icon TOKYO
      1611 24 AFP P Nikkei 225 -1.73 SHARE prices in Tokyo finished 0.1 per cent lower yesterday on late profit-taking, brokers said. The Nikkei index of 225 selected issues edged down 9.73 points to 17,188.82, coming off a high of 17,384.90. The Nikkei average was in positive territory through much of
      AFP  -  1,611 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Lock icon Untitled
        7128 25 tHPWTBIAlt Comimur prefects t999 Lot Va4 Day Nat Ca» l— Cww M« WI H» u» r/t *m» 380 255 AJInomoto 370 12 3JW 235 «5 46 Angkasa 103 *5 559 108 92.5 151.9 293 220 Apollo Food Hlg 289 9 8 290 280 10.1 115.6 204 115 BarfayaLand 183 9
        7,128 words
      • Article, Illustration
        Lock icon Bargain-hunting in second-liners boosts shares
        394 25 AFP F1 Composite Index +1(K22 MALAYSIAN share prices closed 1.3 per cent higher yesterday in brisk trade led by bargain-hunting in second-liners, dealers said. Dealers said buying was largely retail-based but with some institutional buying filtering through. "There was also sporadic profit-taking, keeping rises in
        AFP  -  394 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Lock icon Uraco wrt may benefit from volume build-up
        191 26  -  WARRANT WATCH By Ven Sreenivasan ELECTRONICS stocks have dominated trading in the last six weeks and many of these sub-dollar counters have scaled new heights, but precision engineering specialist Uraco Holdings has been a prominent laggard in this run-up. This may now change
        191 words
      • Article
        Lock icon Untitled
        2262 26 BONOS, LOANS ft WARRANTS m 52-Wk Last Vol Day L»»t Ouote Avg High Low Stno Company Sala ♦or- COOO) High Low l* Prlc 96.5 3 s 3160 "Acer ******1 USS 81 unch 168 84 80 81 81.5 64.5 4.5 s 3164 Acma W*****4 64 *11 2545 64.5 52.5 63.5 64
        2,262 words
      • Article
        Lock icon CLOB INTERNATIONAL
        228 26 HONGKONG STOCKS Of Of 52-Wk LMl VI Day Last Ouof« OW D«v YM N«t M Cap H1» Lw Stno Company Uf rOOO) L— »MY«f Sa6af H Cw P/t tmn 365 173 5123 COL (2000) HK 350 290 350 8 17 U M 6776.6 5124 Cathay Pac 20c HK—720
        228 words
      • Article, Illustration
        Lock icon JAKARTA
        730 26 AFP n Composite Index +1117 INDONESIAN shares rose 1.7 per cent yesterday, ending off their highs in volatile trade following speculative buying in heavily indebted secondliners due to a stronger rupiah, dealers said. A dealer with a Singaporebased brokerage said investors were concentrating on highly indebted second and third-liners
        AFP  -  730 words
      • Article, Illustration
        Lock icon BANGKOK
        898 26 AFP Q SET Index +7.61 THAI share prices gained 1.5 per cent yesterday but closed off their highs following a surge in afternoon profit-tak-ing in finance and building stocks, analysts said. The benchmark Stock Exchange of Thailand Index rose 7.61 points to 514.67, off a high of 523.62. Trade
        AFP  -  898 words
      • Article
        Lock icon MANILA
        301 26 AFX-Asia Fl Manila ♦23.41 PHILIPPINE share prices closed mixed yesterday after late bargain-hunting, aided by the central bank's fresh 0.125 percentage point rate cut, erased early losses fuelled by continuing US rate uncertainties, dealers said. The Composite Index closed up 23.41 points or nearly one per cent at 2,391.20,
        AFX-Asia  -  301 words
      • Article
        Lock icon SEOUL
        412 26 AFP CI Composite Index -217 SOUTH Korean shares closed 3.1 per cent lower yesterday on profit-taking and Wall Street worries, dealers said. They added that the market was affected further by news that SK Telecom was planning a rights issue equivalent to 25 per cent of its underlying shares.
        AFP  -  412 words
      • Article
        Lock icon WELLINGTON
        288 26 AFP n Wellington -425 NEW Zealand stocks finished 0.2 per cent softer in quiet trade yesterday without the influence of the Australian market, which was on holiday. The NZSE-40 Capital Index was down 4.25 points at 2,115.86 on turnover of just NZ$22.B million. —AFP jm* ■> row Advantage HOS
        AFP  -  288 words
    • Article
      Lock icon STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      7188 27 Transaction date: Jiui 14 Cr Or M Wt 52-Wh Last Vol Day Last Ouott Dlv Ot» VM N.t Cap A*« High Low StNo Company Sal* COOO) High Law Buyer SaMar C'yr Pit $mM Price MULTI-INDUSTRY 154 17.5 m b 1000 Acma 50c 154 cd
      7,188 words
    • Article
      Lock icon SESDAQ
      1489 27 Gr Qr M Wt 52-Wk Last Vol Day Last OueU Otv Otv YM Nat Cap Avq HH> La» SWa Ciiim tata fOOOl HM> Law Bwfr »a8ar CV P/t t— Plica MANUFACTURING 148 30 c 2049 AS Auto 10c 135 -3 1892 143 134 135 136 15 N 7 LI
      1,489 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Lock icon Untitled
        397 28 Stocks *<*»•• Hotunq Inv NT5 48,213,000 Lian Beng 5c 44,209,000 IK Corpn5c 44,087,000 FMTK HWqs 20c 40,126,000 Liang HuatWt 35,769,000 UXinlOc 32,452,000 Liang Huat 10c 30,717,000 Frt Links 20c 29,679.000 Heshe HWgs25c 27,527,000 TSM Res 27,048,000 St«d» SPH 42,862,395 DOS Foreign 39,140,397 Labroy M 20c 31,583,590 UanBeng5c 23,952.025 OBS 20,668,710
        397 words
      • Article, Illustration
        Lock icon SES computer glitch prompts investors to square positions
        619 28  -  STOCK MARKET COMMENTARY Trading starts at 2pm after 3 1 /2-hr delay; STI fall* almost 15 points in the first hour of trade By Ven Sreenivasan SINGAPORE stocks fell as investors squared positions following a three-and-a-half-hour delay in trading due to computer-related
        619 words
      • ON THE GRAPEVINE
        • Article
          Lock icon No general offers
          75 28 DANAMODAL Nasional the agency In charge of recapitalising the Malaysian banking sector will not have to make general offers to minority shareholders, judging from the rescue scheme of MBf Finance. MBf Capital, the former parent of the finance company, will exempt Danamodal from extending a general offer
          75 words
        • Article
          Lock icon The pull of prime properties
          89 28 THE sheer numbers that turned up for last Thursday's launch of Allgreen Properties' Claremont project drove one astounded homebuyer to remark: "I thought I went for the Robinsons sale! There were so many cars and people lined up. It was crazy." The development at the
          89 words
        • Article
          Lock icon Beware of Degbert
          126 28 A RECENT TV cartoon of Dilbert, shown on the CNBC Asia channel on Singapore Cable Vision, showed animals are smarter than humans when it comes to the stock market. The cartoon featured this unscrupulous dog, Dogbert, who wrote a book on how to invest in stocks and
          126 words
        • Article
          Lock icon Wrong time for networking
          62 28 FOR some Rotarians now in town and hoping to network with local business people, the timing could have been better. One Rotarian from Hongkong said he was hoping to meet a potential business associate but was told it's the June school holidays and the man was
          62 words
        • Article
          Lock icon Funeral company buried in debt
          82 28 FOR years Loewen Group Inc buried enough people to become the No 2 funeral business in the United States. But in the process, the group also buried itself— in debt. Now, reports Bloomberg, the group is seeking court protection from its creditors. The owner of
          82 words
      • Article, Illustration
        Lock icon HOT STOCK
        73 28  -  -By Ven Sreenivasan HONGKONG-BASED toy maker, Wah Shing International, has been surging to new heights on the back of punters' newfound enthusiasm for US-dollar stocks. Despite being deep in overbought territory, the share could rise further in the short term on the back of the strong momentum. It
        73 words
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      61 17 FAN'S brewing plans for China, S-EA, Pg 18 No. 1 best selling club in Japan. '"9 Hfill Ever Be The Sortie A 9 'mm -s' .IT*"*" ■HIHIHHH i NEW FAIRWAY WOODS. THE PERFECT COMPLEMENT TO THE LEGENDARY S-YARD DRIVER. j £3-V.- v -S-'-W«A£> k **-TtZ-\ CVWITO v A A ji
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      1089 18 T CIV/I L&M Grou P lOm I Investments Ltd X Weapon** Iptfco/S«wH NOTKf IS NBtBT <MV!N that to SEVENTEENTH ANNUAL GENERAL MEETING of to Company wil be Ud at 20 Upper Circular Road, 102-21 The Riverwafc, Singapore *****6 on Wbdneiday, 30 June 1999 at 10.30 a.m. for the Mowing purposes:
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      1772 19 ZkGM/0 ZAGRO ASIA LIMITED NOTICE OF FOURTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fourth Annual General Meeting of the Company will be held at 5 Woodlands Terrace, Woodlands East Industrial Estate. Singapore *****0, on Wednesday, the 30th day of June 1999 at 2.30 p.m. for the following
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      218 19 I S VOnXxiu/LQy 99 AURORA A Pen Exhibition Sale A PREMIERE OF THE WORLD'S FINEST WRITING INSTRUMENTS Xnmt UfARLEIL The Hour Glass, Raffles Hotel Arcade, #01-13 328 North Bridge Road TA LY Date: 10 ~21 June 1999 Time: 10.00 am 7.30pm Ji AUHLAKD s 9 9 is proud to present
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      1287 20 GB HOLDINGS LIMITED Full-year financial statement on consolidated results for the year ended 31 March 1999. These figures have not been audited. Group Company $'000 $000 1999 1996 1999 1996 34 1. (a) Turnover* 62.764 36.369 73 1,717 (6) (b) Investment income 17 (64) 1,697 (64) (c) Other income including
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      70 20 Mr 11 the Sovereign BEST in Dl 5 S&per Luxurious Condominium Hi-Pi for lease fjj-"*" 2,700 Sq. Ft. High Floor T Ci}- *4+l Rooms. Partially Furnished X*> J Panoramic Seaview jkjjLC' J Full Facilities, 24 Hours Security 'yll t>*| Private Lift T- 5 minutes walk to East Coast Beach j^W
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      410 21 ii'liMi in J I ci Manager, People Soft Asia "As well as meeting a multitude of corporate needs, Suntec City places us right at the heart of the IT community. This facilitates networking, essential to our constant evolvement in the industry," says Kim Benner, Vice President General Manager of People
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      2061 22 IPC CORPORATION LTD (Incorporated in the Republic of Singapore) Notice of Annual General Meeting Notice is hereby given that the Thirteenth Annual General Meeting of the Company will be held at IPC Board Room, 23 Tai Seng Drive, IPC Building, Singapore *****4 on Wednesday, 30 June 1999 at 3.00 pm
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      117 22 When the going gets tough, the toughest get chosen. 1999 Enterprise 50 nominations are now open Companies can nominate themselves by completing the official nomination form. Companies must be home-grown, privately-owned and incorporated under Singapore's Companies Act (1994 Revised Edition) with four years of audited statements. Nomination forms are available
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      59 26 /sZaHm\ /Thecardw^X the computer I you this was a I making for Susan J I advertised in V gocd deal Yup, we got what is going to be J \The Straits Times S Iwe wanted because real nice! J c^psJ I 0k 1 Buyinfi or sellinfi throuah The Straits Times
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      47 26 The Sydney market was dosed yesterday irSAN IMAGE THING wanted a car that projects my personality, just as my clothes do. I knew exactly where to look for one Classification 353." Whether you're selling or buying a sports car, coupe or cabriolet, use The Straits Times Classified.
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      1416 28 Is your portfolio lagging the hot bull market? You need DBS investor Online! Get the Best. Car 438-1188 today. SSDhSBANK NOTICES a^ver^'se ca toll-free 1800-741 1883 Fax No: 741 1298 B R O A D WAY NOTICE OF ANNUAL GENERAL MEETING INDUSTRIAL GROUP LIMITED NOTICE IS HEREBY GIVEN that the
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      83 28 MACASSAR DESIGN PTE LTD (Incorporated in the Republic of Singapore) (MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308( 1) of the Companies Act, Cap. 50, a Final Meeting of the shareholders will be held at 10 Anson Road, #13-12 International Plaza, Singapore
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      149 29 THERE was positional pressure for north Atlantic Panamaxes with some steady to firmer rates paid, brokers said. The debate continued as to whether rates have peaked in the Atlantic. TANKBBfIi The downward trend in rates for the big ships from the Persian Gulf was reversed for end June/early
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      233 29 m %mmmm JmH H- t* CWT DMrttuMn t63 OOI 531 Chuantfcp- r US 0£ 444 Caaco Invaatmant—» OCT 211 FntaMLMu 0J5 003 ***** G8 noMbMi 0.92 0.12 736 MiSuntop OSS 002 942 IMC i IO i *> Hi-m—5-6Q i»g} ij4 0 JBS >SS SsirEEli: IS is l»Sroy Marina
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      Lock icon Thoresen Thai sees recovery in 6-12 months
      457 29 Chairman says shipping industry has bottomed oat and expects freight rates to rise Reuters [BANGKOK] Shipping firm Thoresen Thai Agencies pic said on Friday the Thai shipping industry was turning around in line with the country's economic recovery. "The shipping industry now has
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      Lock icon Evergreen, Uniglory make Pasir Panjang their dedicated box hub
      250 29  -  By] Felix Chan [SINGAPORE] Taiwan's Evergreen and Uniglory Marine have made PSA Corp's Pasir Panjang terminal their dedicated container hub. The carriers shifted from PSA's Brani terminal and began calling at PPT in April, PSA said in a statement. The modern
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      Lock icon Mitsui OSK selling ships and land to cut debt by 15%
      366 29 Debt to be reduced to 840b yen by March 2001, says MD Bloomberg [TOKYO] Mitsui OSK Lines Ltd, Japan's second-largest shipping company, will reduce debt by 15 per cent in two years by selling ships, equity holdings and land,
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      Lock icon Lines sail at full steam ahead
      702 30  -  asia-attstraua shipping Hanjin Shipping is the latest to add more services to Australia to meet strong and growing demand by shippers From. P T Bangsberg in Manila Australia seems to be flavour of the month, with more lines adding more services to meet what
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      Lock icon SHIPPING SCHEDULES INDEX
      211 30 PAGE ECULine 6 ACL 6 ECl 4 AMI 3 Evergreen 6 9 Accord 8 FoongSun 8 Appenslup 5 G Link 4 Austral 8 Gemartrans 6 Baiaji Shpq 4 Hangli 7 BSA 7 Hanjm 3 B tang Mas 8 Heung-A 4 CCNI 7 Hyundai 7 CM* 8 ICFS
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      Lock icon SHIPPING GUIDE
      18325 37 thebusinesstimes EXPORT ETA ETA Advartisar VhhI Voyaga Tafcphona ETA ETA AlJvacttsaf Vassiat Voyaga TaMpftona I SIN Oast'n Nam* Nama Numb* Numbar SIN Dast'n Nama Nam* Numbar NumOar {■M'NHNMMWHHHMNMMMMHMMMHHMMMHMMMMBMMBHMMHNMMMMMMNMI MMMMMMNMMMMMNMMMMNMMNNMNMMMNNHNHBHNHBHMMMMHMMMHB To BUENAVENTURA (BUN) 2059 Colombia 1 To ABIDJAN (ABJ) 2003 Coto D'lvolre 22/ot 29/07 csav ouadrant express obn *5-*****55
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    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        776 41 Vessel VoyMo Btfth Arrival D*P*rtur» Jaraaj Port IT A Pltra J *****9 J1 Hongsid* 8.06/2359 IT PAJ R0T95 *****9 Jl ik*** 8.06/OTOO *l«nabad *3MW J15 alongside ««/»00 Libre V001 J*/* aton«s«>e 15.04/1200 Itercopoto 48 PRW008 JIT iiongsid* 1? 2^C2S22 PU 2509 1706 JW iiongsKje 8.06/0800 IT Afriuf *****9
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        Lock icon CONTAINER SCHEDULES
        1797 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/Balanct Rstls SMp Voy *o Etb/Btr Ported Fro* To Froai *91 *«00 U 14/floO M/899 M/800 m/boo tout tvmo 2* M/1700 15/0(59 B/0900 20 M/1700 8/0*59 8/0900 15/0700 15/1159 B/MOO 4 15/1200 15/M59 15/1700 WMM m S/So M/BOO M/859 M/800
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        Lock icon GLOBAL HOLIDAYS
        186 41 Jim 18 Hong Kong: Tuen Ng Day. Job 28 Finland: Midsummer Eve Holiday. taM Indonesia: Mouloud Prophet's Birthday. Brunei: Maulud. Finland: Midsummer Day Holiday. Jim 30 Brunei: Half Year Bank Closing. Jail Canada: Canada Day. Jul 14 France: National Day. Jul IS Brunei: HM The Sultan's Birthday. Jul
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        Lock icon COCKETT BUNKER MARKFT REPORT
        777 41 THIS report, complied by Cockett Marine Oil Ltd. shows price ranges In US dollars Instead of single prices for a more comprehensive description of the mar ket Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
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        318 41 Carton 180 Mu 990.3 10 18.7 0.10 73 0.06 juo to OMSttv Meter IhMim Ash Aluminium Sediment No «bo*e £25 0 0 10 0 HHZ ——I 380 A»e 986.4 OJ 13.2 0.06 37 0.02 r 380 MU 992.5 0.9 19.2 0.09 90 0.06 U/ri %m M/M
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        Lock icon Boeing and Airbus see slump in plane orders
        671 42 PARIS AIR SHOW Boeing expects 40% drop industry-wide, Airbus says its own orders may fall 40% Bloomberg [PARIS] Boeing Co and Airbus Industrie, the two makers of large commercial jets, have warned they expect deep declines in orders this year as recessions
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        Lock icon Demand for business jets poised to soar 50%
        144 42 AFP [LE BOURGET, France] The world market for business aircraft is set to grow by 50 per cent over the coming decade and will generate orders worth some US$62 million (SSIO6 million), the US Teal Group of aviation industry analysts said on
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        Lock icon Philippines seeks more flights to Thailand for PAL
        281 42 Bloomberg [MANILA] The Philippine government asked Thailand to grant more flights to Philippine Airlines Inc, the latest move by the government to help keep the debt-laden flag carrier aloft. Philippine President Joseph Estrada made the request during a meeting in Manila with
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        Lock icon Vietnam Airlines suspends Moscow flights
        110 42 AFP [HANOI] Vietnam Airlines has suspended flights to Moscow due to a fall in passengers, a company spokesman said yesterday. "It follows a steep fall in the number of passengers on Vietnam Airlines to Russia, a destination that has become highly unprofitable," said spokesman Nguyen
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      • Article
        Lock icon TWA and flight attendant, machinists union reach new deal
        363 42 Latest offer a significant improvement: union Reuters [NEW YORK] Trans World Airlines Inc and the union representing its flight attendants and machinists said on Sunday they reached a new contract deal. The union said it would recommend its members approve it.
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      • Article
        Lock icon Cathay Pacific cancels 46 flights
        119 42 Reuters [HONGKONG] Hongkong carrier Cathay Pacific Airways Ltd said it cancelled 46 flights yesterday but expected operations to return to normal late this week after weeks of disruption over a pilots' pay dispute. A Cathay spokesperson said the airline had chartered 34 aircraft, cutting the
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        Lock icon DHL to invest US$123m in Asia in next 3 years
        152 42 Reuters [BANGKOK] Express courier DHL Worldwide Express said yesterday it planned to invest a total of US$l23 million (Ss2ll million) in Asia-Pacif-ic over the next three years. Of the total, US$7O million would be invested to develop its facilities in
        Reuters  -  152 words
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        Lock icon Gulf Air secures US$350m loan to buy 4 planes
        306 42 Loan from European consortium covers 85% of total value of Airbus deal Reuters [MANAMA] Regional carrier Gulf Air said on Sunday'it had secured a US$35O million (Ss6oo million) loan from a European consortium to finance the purchase of four new Airbus
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      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1738 42 OTT FU6HT CT* fU6HT ETP 1*7306 WI5 S***** 2350 AMaMe 8*7381 1930 8A7382 2055 "*£2 2355 0f81 1930 0fB2 2055 I I H***** 2045 AH8229 2230 Wl» S09W BIO S0990 QMS $0286 2045 IH6300 2230 S0603 1905 C2354 0910 a» mo cos 2045 awn W20 Amtartfaai
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      25 29 Asia-Australia lines sail at fall steam ahead Hanjin Shipping is latest to add more services to Australia Page 2 it Mil CUIt Talk shipping Times
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      410 29 Boeing and Airbus see slump in plane orders Boeing expects 40% drop industry-wide, Airbus says its own orders may fall 46% Back Page U' J>" J J New DlMlficatiOli productivity and innovations Fbr more information, in terminal design. contact Cargo Systems, IR Container Terminal The report discusses the Publications at
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      781 30 ISUHB—imjiPWM W yi voTAg m sm vtssft vor w ii mm m an m m NT! CASTOR IOWSM M/M M/M KO NDUOTD MAM M~ 02/ M M/M M/M M/M 11/* IS/M 10/ M »/M OOQ JAPAN 33W523 M/M 27/ M 00QORNA 32W524 H/M 04/07 KO NDUOTD OANRAM 1* M/M 11/
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      577 30 FAR EAST EUROPE CHINA SHIPPING LP AGENCIES PTE LTD Pg-S EXPORT 3 x Japan •1 x Hongkong •1 x Manflo -1 x Kaodwmg, Kmludq (Accapting FQ to BKK/NAHA/SCNDAI/CEBU/LCH) ■mm wr m mi —ilMlm h iww w mumi mt> u»~ MOUOTO MOMMAMBM IMB WM JUt M aaaMwouA oi)» isj* an im
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      176 30 uoes"T tverreena** [e ■Qje?) by Members o< the Registry of r*i Singapore Freight Forwarders Accredited Shipping Agents aUy Association V'kV Singapore Shipping Association Bj ULY UNE MALE VESSEL I VOY I Ett Ett Ett P.KUNG SPORE MAli Empress Uly V 0299 14/06 16/06 24/06 Princess Lily V 0799 30/06 02/07
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      1166 31 SAX SERVICE (DIRECT) Ivssa VOT Sim lux lom I pal I hou lew I cm. I oa» I«i ntc AWTOMMMIO* VM 16/86 01/07 06/07 06/07 06/87 06/07 06/07 06/07 07/87 07/07 WW oig a7oT~ 00/07 13/07 13/07 13/07 13/07 14/07 M/ 07 15/07 15/07 AWGAMT 0121 30/06 15/07 10/07 20/07
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      1994 31 ®HANJIN SHIPPING ikPl IkMriLo. -Ue *****30 HAMJW SHTfWG (S) fit LIP OOMMfc *****3 V 737 UtfS 73WW4 73> POQMBn *****71 774 OftunOK *****5H51 MUM *****55 HU *****40 a M I)*****000M TO NW USA A CANADA USA CANADA* fww/vor imi an umhaia/vot su nw on pm oi «r m off mm
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      372 31 ■mihhiimiii°i|mßi'iiiii'iaw v M T t «aa msnrowtswwmißiifus im mwu V HTWBMSWWB _025S_ U/04 11/04 20/04 22/04 73/8* OIK HOKUM WIS 13/04 15/04 Wl* 14/04 21/84 22/ M H/Ot 2S/M If I JAHCAI!«I||I|AN *n mhmm —«i» mmmw Pf°««sWl (onsoiidafion to tatwout out m/m ivm n/ot 2vm MOWMM 24S 2W4 22/ M
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      1184 32 DSR-SENATOR LINES TO UK/CONTINENT TOMiaJfinatBANEANCANADA vena wt faT ta wtm mm ham lirv fu *aa gL— -~r HMUM GENOA WOE* 11H 8.17 BB 8.8 8.8 B.W J2IS U«7M»7*7 07 «B BB HMUMCOLMMO WKZI ISM BB 8.8 MB MB BB 22 CM MB 17 M IS TRADE ETERNITY *087 118 11.8
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      752 32 amMAC-NELS S'PORE M'SIA I rTTTj Carrier RM CONTR LINES, MC p. gudang; (07)*****28 J cm WD, A women SBU: (064) *****8 MANLA: (832) *****24 w v PENANG: (04) *****38 BANGKOK: (862) *****67 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT. (21) *****07 MON: (61) *****3 KUQ6NQ (082) *****1-3 GENOA MEW
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      713 32 63 (£*#9^ EXPRESS CONTAINER FEEDER FOR N.SHEVA/ COLOMBO Vessel S PORE N SHEW COLOMBO P KLAUS I MAS TIGA VIIIW 14JUN 22 JUN 21JUN 04 JUL CAPE CANAVERAL V.107W 21 JUN 21 JUN M JUL 11 JUL TULSIOASV.Iia 2IJUN at JUL 13 JUL iijul B MASTIGA VII7W 05 JUL 13
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      1396 33 I VESSEL VOY KHH HKO 8W PKO POB PXB DMM BA BIK IRAK SHAHRYAR PCL-5106 09/06 11/06 15/06 16/06 25/06 26/06 27/06 20/06 01/07 IRAN BAABAEI PCL-5107 16/06 18/06 22/06 23/06 02/07 03/07 04/07 06/07 08/07 IRAN TAKHTI PCL-5108 23/06 25/06 29/06 30/06 09/07 10/07 11/07 13/07 15/07 IRAN TABATABAEI
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      2305 33 Direct Ctalls to Kibi (I Hys),l N«|«yi (7 kyi) likfi (i Nyi) J I SINGAPORE'S GENERAI AGENTS: 80 ROMNSONRD TEL 226 1900 FAX: *****00 OUTWARD (l/L) *****02 JOHORE OFFICE: COSTAK SNIPPING PTE LID #12-00 saies/wgs 4205»57/oo inward dot (d/ 0) *****8S COSTAR AGENCIES (M) SDN BHD at WO: *****t*****« SINGAPORE
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      1331 34 EUROPEAJK/SCANCHWAVIA/nWLAItO^USSIA SGP RDM ANW HBG TOP ZEE LHV LHW TOP ROM ANW NM P«L MP~| E. DELIGHT RW-888 M/ 00 ***** 18/07 ***** 14/07 15/07 1047 E ROUND RE-837 01/116 01/01 02/08 04/06 0040 2540 2M6 E. DIADEM RW-006 2«M IVO7 2147 17/07 11/07 2047 21/17 E RESULT RE-025 0040
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      985 34 ADVANCE CONTAINER LINES (PTE) LTD L- TEL: *****21, FAX *****19, TELEX :RS ***** ACLPL FOB BOOWNOS PLEASE CALL: *****23 SALES A MARKETING *****21-25 OPERATIONS: 2212M0T *****06 C* NO. **********0E IAHOKOK JAKARTA (7 HI vtssa Ivor sm I woe vessel I vor **1 KOIA RAIMA IWT/LCH) UNA!2S 15/6 V* 18/6 Fn
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      522 34 ppl NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vessel vot sm ~puj j pur 1 jno lenl rq WAMW VBWS VO3SS 04/07 12/P7 14/07 11/07 70/07 23/07 WUBIWWII ¥013S 13/07 a/07 27/07 30/07 31/87 mramuai wtn 73/07 31/07 o</m "ovm" m/w Tj/w" mm macon miss 01/w 11/01 is/01
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      405 35 M MYANMA mUk FIVE STAR UNE r (Myamar NatMMl Um) Loading for YaRjOR (Raago«R) vnsa vot sm rti pa f«J MAWUMYIHE MW SID SAGAJNG MW SID MALAYSIA AGENTS: MUSTUO SWPPWG AGENCIES KUL TE (03)*****00 KL TO (03)*****01 PEN: TO (04) *****02 PGU: TO (07) *****21/4 BANK LINE (A service of
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      1176 35 HMNEHYUNDA^AERCHANTMARINECOjATD^^^^^ Vkl VOT ISW I SOU 184 ITN ANT HAN IMW I Ffi [VCS VOrlSttll LfH ATM ANT HAN OtV I HYADRNUI 3WW 17/06 05/07 10/07 07/07 06/07 NOIIOUTT 01X 20/05 24/05 73/05 25/05 16/06 MOIOORM OOOW 11/04 04/07 10/07 04/07 00/07 HTOAMN 31« 24/05 2J/05 24/05 27/05 7/06 HYWQMES
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      1012 35 Qb non*egian specialized cxAxamen Qm°K3 in mum mSiurna*"" ■mo/HuvtunmynVESSEL VOY RAMP HEIGHT SIN LAX CKL MIA SAV OAL ORE I NYC I NEW I MOO tampere F913 400 i«s —u* ***** 26/07 037" 0470i~ m7oT ~i076T TT7oT W W WoT" TEXAS F914 400 Ins 6.3 M 13/07 09/01 11/01 21/01
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      829 36 BANGKOK/ MAP TA PHUT/ UPi CHABANO] J AK A BTA/PAM J AWQ VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN~ CHANA BHUM* 74N In Pt 18/06 19/06 ANRO GOWA* 066 In Pt 18/06 ANAN BHUM 117N In Pt 19/06 18/06 QURU BHUM 133S 16/06 20/06 NANTA BHUM"
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      358 36 INDONESIA NATIONAL LINE TO AUSTRALIA 1 PULLCOWPI—WaiWIOL 111 va H5 JLIMLJU-M^Jm-M^OL m—lie Iw/myM am nm 9/* 11/g */E muan v/m n/v k/v m/v w/v KWMW Wp«/lt»/W V/V t*/g mw—wbi Ins hvw|w/w|a/iyps/»7|FEEDER SERVICE TO INDONESIA va vor skw swumta immtm rn *ot~ mtmm ggm mmm ru bhii nm» MMIM CJBM W
      358 words
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      762 36 VESSELS IWY T» I PKL I JB) I UMA LEH RTM HAM Zg 90T V4XEDE TANYA T32W 22/06 23/06 01AT7 O&P7 11/flf7 13/07 14W7 16/07 17/07 VEIEOETAURUS A32W 2ft« 2ftP6 QB/07 ttjg 18/07 gg 21/07 23/07 24/07 VEIE D'AOUAREJS U32W 06/07 06/07 15W7 2MT7 25*07 ZTXJT 38/Q7 3CVC7 31AT7 V>XE
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      46 37 INTRODUCING OUR NEW FAR EAST usA TRANSPACIFIC EUROPE SERVICE Turn To Pg 6 mil CONTAINER (everymon/wed/fro EXPRESS SERVICE IS" MSC nci6S Ltd Turn To Pg 5 For Service From PASIR GUDANG/ SINGAPORE MIDDLE EAST/VIETNAM China Shipping (S) See Agencies Pte Ltd JH CONTAINER UNE Pg 4
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      55 39 S"rafi*hDial74o-6000 OR OGfTI3nO (Retrieve more schedules!) SIVA Press "1" Select the port and key in SuK»4 the four digit code eg: To New York (NYQ 2275 SnPf I Key in your fax number ■—WEbJ STflbjEnter your phone number mg, Another innovative service offered by document Will be Shipping times s
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  • Page 41 Miscellaneous
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      126 41 LEGEND: R Thunderstorm T,m^ r r °C J<\ A Shower Weother _X Wind direction with speed in knots Rom Cloudy Sky W V Surfoce winds ore mdicoted by orrows which fly with the wind One full circle represents calm or light and variable wmds One holt Heche represents 5 knots
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      44 42 Th# Austra an Logistics Academy Diploma in LOGISTICS Leading to recognised Australian University Degree Advanced standing for working experience higher qualifications Visit our webiste at www.aust.logisticscom.au Intake commencing 6-7-99 SHARON Contact Logis (Asia Pacific) Education Consultants Re Ltd Tel: 227 7752 Fax: 372 0485
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