The Business Times, 29 April 2000

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Total Pages: 22
1 22 The Business Times
  • 18 1 THE BUSINESS TIMES MITA(P) 035/12/1999 y<T i .1-* 85C SINGAPORE Internet: http://business-times.asia 1 com.sg' SATURDAY, APRIL 29, 2000
    18 words
  • 68 1 sn 24MJ1 (+12.39) BT-SBI ***** (+3.25) SQISCI FUTURES 28&00 (-1.10) STOCK MARKET INDICES Friday Change KLSE COUP 898J6 -6J0 NIKKEI 17,***** -46.47 BANG SENG I6*1910 +326.43 SET INDEX 390.40 196 JAKARTA COMP 626.74 >6.12 MANILA COMP _IJ»73 -21.80 TAIPEI WPI &824J6 >***** SEOUL COMP ***** +3132 CLSA CHINA
    68 words
  • 76 1 FOBEX KATES uss s$ USS 1.704 £|US$/S$ per 1.572 1678 Fn'RO(lSS/S$/E) 0*8 1.647 DM 2.154 0.791 YEW 1065 1.600 RM 3.800 0.448 HKS 7.780 0510 BART 38.04 0.046 Rl'PlAR 0.021 St to 100 untU PRIME BATES SINGAPORE* 5.80 KUALA LUMPUR 7.G7 JAKARTA .3900 BANGKOK 9.5® MANILA 11.00 HONGKONG 8
    76 words
  • 1004 1  -  3J% rise in Q1 may signal start of consolidation phase By 1 Kalpana Rashiwala [SINGAPORE] Private housing prices rose 3.1 per cent in the first three months of this year, the slowest quarterly increase since the market bottomed out in late 1998. This
    Source: URA  -  1,004 words
  • 677 1  -  Net income np hefty 380% to USsBBm from year ago By] Kenneth James [SINGAPORE] Creative Technology's shares soared by over 10 per cent yesterday as the global leader in computer audio and graphics products released another set of sterling quarterly results. For the third
    677 words
  • 484 1  -  By] Parvathi Nayar, Felicia Yap [SINGAPORE] One hundred and forty Hill Street, aka the new Mita building with the rainbow-coloured windows, will soon open a window on the colours of local art. Several local galleries belonging to the Art Galleries
    SIEW YAW HOONG  -  484 words
  • 595 1  -  Debt agency appears to favour Sing Tel over Sapnra From. Eddie Toh in Kuala Lumpur THE interest of Time Engineering's shareholders must be protected in the current tussle for a stake in the company by Singapore Telecommunications and Sapura Holdings, said the head
    595 words
  • 579 1 AFX-Asia [NEW YORK] George SorosQuantum Fund yesterday became the second major hedge fund in less than a month to throw in the towel after the billionaire told investors that "a large hedge fund... is no longer the best way to manage money".
    AFX-Asia  -  579 words
  • Page 1 Advertisements

  • NEXT page
    • 530 2  -  It could even be a trilateral pact of 'strategic value' with Chile, says visiting NZPM By Catherine Ong [SINGAPORE] A Free Trade Agreement (FTA) between Singapore and New Zealand could be signed before the end of the year and may draw in
      AP  -  530 words
    • 226 2 Move could lead to pan-Asian stock exchange, starting with cross-listing [SINGAPORE] The Singapore Exchange (SGX) yesterday signed a memorandum of understanding with the Tokyo Stock Exchange (TSE) which could herald closer ties between the two stock exchanges. The move comes in the wake of
      226 words
    • 384 2  -  Pure Internet firms account for just 28% of USslsom invested Kenneth James [SINGAPORE] Creative Technology's venture fund came out of the recent market fallout relatively well because it invested prudently and its portfolio included non-Inter-net firms, chairman and CEO Sim Wong Hoo said. Speaking
      384 words
    • ON THE grapevine
      • 109 2 IN the April 10 issue of Barron's magazine, readers wrote in to give their views on Fed chief Alan Greenspan's track record. One said: "The guy has been deified for no reason. Take away all the money he's been feeding into the stock market and I wonder
        109 words
      • 72 2 TRANSFORMING construction companies into New Economy clicks-and-mortar enterprises isn't easy, according to a presenter who recently announced the results of the Singapore Information Technology Federation's IT survey. With construction companies, you are literally dealing with bricks and mortar no figures of speech here. This, and the construction
        72 words
      • 49 2 SO what's the difference between a stockmarket correction and a stockmarket crash? Simple a correction is when the prices of someone else's shares fall; a crash is when it is your own shares, according to an analyst who heard it on the BBC World news channel.
        49 words
  • Page 2 Advertisements
    • 106 2 Nominations for the 2000 Enterprise 50 awards are now open Companies can nominate themselves by completing the official nomination form. Companies must be home-grown, J privately-owned and incorporated under Ty> (a(r Singapore's Companies Act (1994 Revised Edition), with four years of Celebrating Singapore's audited statements. Enterprising Spirit V J Nomination
      106 words
    • 10 2 No quick increase irrSlA's stake in Air NZ, Pg 4
      10 words
    • 19 2 HOME NEEDS The Straits Times Classified. Classifications 90 120. fa I CAT AI Buy h. SeU It. Find It.
      19 words

  • PROPERTY stats
    • 566 3  -  Applications down 46%; resale prices up 13% Bu Andrea Tan RESALE applications for Housing and Development Board (HDB) flats in the first quarter fell by 46 per cent compared with a year ago, its second consecutive huge quarterly fall. Resale prices, however, rose 13.4
      566 words
    • 380 3 NEARLY 2,300 private housing units were granted temporary occupation licence in the first quarter, down from about 3,000 units in the same period last year. About 3,000 units were completed in the final three months of 1999. The most recently completed projects included
      380 words
    • 496 3  -  Industrial property prices rise a slower 1.2% By Marissa Chew THE commercial and industrial property segments continued to improve in the first quarter, in line with expectations, thanks to the solid economic performance in the same period. On the office front, Urban Redevelopment Authority
      496 words
    • 423 3 BUILD ABLE DESIGN FORUM Scores take into acconnt use of easy-to-bnild design and pre-fab parts THE Building and Construction Authority yesterday released the minimum buildability scores that projects must achieve before they are given the go-ahead to start construction. From Jan 1,
      423 words
  • Page 3 Advertisements

  • SINGAPORE companies
    • 429 4  -  Issnetobe2ndinl2 months; DBS to use money to re-capitalise bank By\ Siow Li Sen MOUNTING an aggressive attack on the problem loans of its Thai unit, DBS Bank said yesterday it is planning a rights issue of 11 billion baht or about
      429 words
    • 306 4  -  Byi Catherine Ong NEW Zealand is unlikely to allow Singapore Airlines to raise its 25 per cent stake in Air New Zealand to 40 per cent any time soon, the country's Prime Minister Helen Clark signalled yesterday. Responding to a question at
      306 words
    • 383 4  -  By, Jane Cheong TOTAL Automation Ltd hopes to take its business to another level with plans to expand into the European and American markets, and to get itself upgraded from its current listing on Sesdaq onto the main board. The control and instrumentation engineering
      FILE PHOTO  -  383 words
    • 190 4 ELTECH Electronics' deputy managing director, Lee Tat Meng, resigned yesterday following his conviction for insider trading on the same day. Eltech said the charge against Lee was in his personal capacity and in relation to his personal dealing and will not have any
      FILE PHOTO  -  190 words
    • 313 4  -  Transmarco and AFP also put on substantial gains Ify* Joyce Koh SPECULATIVE activity returned to Indon-linked stocks yesterday, with L&M leading the pack. The construction group yesterday shot up 20.5 cents or 26 per cent to $1 after gaining 10.5 cents or 15 per
      313 words
    • 197 4  -  NEW LISTINGS Reports by Tay Shi'an A TOP high-technology enterprise from China is exploring a ma inboard listing in Singapore. China Weal Business Machinery, one of Guangzhou's largest computer integration system providers, could list here or in Hongkong, its chief executive and president Meng
      197 words
    • 134 4 THAI Village Holdings, which made its trading debut yesterday, closed exactly at its initial public offer (IPO) price of 20 cents per share. The stock had risen in early trade, hitting a high of 24 cents before falling to a low
      134 words
    • 812 4  -  rwr lock siew r sivanithy IT wasn't that long ago that the term IPO was seen as a sign of guaranteed success. First-day premiums of 20-50 per cent were common and it also wasn't that long ago that Internet firm
      812 words
    • 183 5 It plans to increase lending to 15b baht in 2000, np from 3.5b baht in 1999 Reuters {BANGKOK] SingaporeanThai UOB Radanasin pic said yesterday that it would aggressively lend to individuals and small and medium-size businesses this year in order to achieve
      Reuters  -  183 words
    • 384 5  -  It will manage park until March 2001; rest of lease sold back to STB By Joyce Koh FRASER Neave has finally closed its chapter on Haw Par Villa, which has turned out to be one of the most expensive mistakes
      FILE PHOTO  -  384 words
    • 159 5 Reuters CSE Systems Engineering Ltd, a system integration solutions provider, said yesterday it agreed to buy a British information technology firm Servelec Group for £16.5 million (5544.3 million) in cash and shares. It said in a statement it would pay cash of
      Reuters  -  159 words
    • COMPANYBriefs
      • 113 5 ELECTRONICS and telecommunications firm Acma, in the process of converting itself into an Internet player, yesterday reported that businessman Oei Hong Leong has upped his stake in the firm from 4.9 per cent to 8.07 per cent. Acma said Mr Oei bought 5.9
        113 words
      • 64 5 PARKWAY Holdings said yesterday Han Cheng Fong has stepped down as its deputy chairman. It also announced the appointment of Ed Ng Ee Peng as a non-executive director with effect from yesterday. Mr Han has also quit his director and chairman posts at The
        64 words
      • 102 5 TMC International Holdings Ltd yesterday said it has signed a memorandum of understanding with the University of Newcastle, Australia, to further boost their strong ties and to be able to offer to the Singapore market and the region a wide array of courses to
        102 words
      • 113 5 CITICORP Investment Bank said the offer for SNP by Singapore Technologies unit Green Dot Capital closed yesterday with total acceptances raising the offeror's stake in SNP to 41,839,240 shares and 13,427,905 warrants, representing 72.6 per cent of the issued capital and 79.3 per
        113 words

  • 4848 5 Net earn CPS New Toyo MrK r 3.047 1948 1.43 0.91 M« TV LY TY IV MM Hldgs Mar 27 P UN 4.490 JJ9 145 Cimpaey am <$m) ($m> (eta) (da) Nippprcrett Mer 27 P L2M 4.TM 0.63 120 HOI Mar 27 P 159.072 *****1 17.5
    4,848 words

  • SINGAPORE markets
    • 514 6 Slocks Volume L&M 50c 43,028,000 ParkwayLab 5c 21,111,000 AirOcean 5c 19,839,000 ThaiViMage 5c 14,141,000 GES Intl Ltd 20c 10,031,000 Asia Food&Prop 8,940,000 Golden Agri US10c 8.536,000 Fastech US10c 7,868,000 MediaRing 10c 6,762,000 JITHWgslOc 6,507,000 Stocks PacificCentury 75,427,800 DBS Grp 41,360.064 L&M 50c 40.594,761 Chart Semiconductor 26c 32,340,228 Datacraft 10c 27,697,038
      514 words
    • 548 6  -  l=j| comment STOCKS r.sivanithy THERE was no clear pattern in yesterday's trading other than a play on a few laggard tech stocks and churning of the second line and small caps. A natural reluctance by traders to take on new
      548 words
    • 184 6  -  WARRANT WATCH By R Sivanithy INVESTORS appear to be unsure of just how to treat banks these days one day, the sector seems to be in favour, the next day it isn't. And within the sector, preferences seem to lie
      184 words
    • 241 6  -  HOT STOCK by' Teh Hooi Ling CONSTRUCTION firm L&M yesterday shot up 20.5 cents or 26 per cent to Si in the stock market. The counter was the day's volume leader with 43 million shares changing hands. This compares with the 10-day average volume
      241 words
    • 151 6 ♦FIRST Engineering Warrant 2001: Entitlements to the adjustment of warrants on the basis of one additional warrant for every one existing warrant held. Ex-date is on May 22. Last day for buying-in on a cum basis is on May 25. The exercise price of each warrant will be
      151 words
    • 583 6 AFP [SINGAPORE] The US dollar was higher against the euro and the yen in Singapore trade yesterday, dealers said. The euro closed at U550.9075, down from its close the day before of U550.9206. It opened at US$O.9llO, according to
      AFP  -  583 words
  • Page 6 Advertisements
    • 602 6 W 1 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 ALLGREEN PROPERTIES LIMITED (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fourteenth Annual General Meeting of Allgreen Properties Limited will be held at The Gallery, Level 2, Traders Hotel, 1A (uscaden
      602 words
    • 23 6 fw Ji. atS*» z plP* Tlm Straits Times Classified where jp/ virtually avary I dastlnation Is at your fingertips, >. Mlt Rrf H j
      23 words
    • 17 6 Looking for a forum to talk stocks? Chatline is the place to'be Find us at http://iol.dbs.com.sg/ 88DBSBANK
      17 words

  • SINGAPORE news
    • 251 7 Sources say contractor had wanted to remove provisional liquidator ADDING yet another turn to the Tong Tien See Construction saga, the High Court yesterday threw out the firm's application to remove its provisional liquidator. The judge dismissed the application with costs, sources said yesterday.
      251 words
    • 250 7 RESTORE the Central Provident Fund cuts as fast as possible and give a fair raise and bonus to workers, labour chief l.inn Boon Heng has urged in his May Day message. Noting that workers have played their part in the financial crisis, he
      250 words
    • 277 7  -  3 on the economy outlook By Kenneth Lee THE Singapore economy is likely to have grown 6.8 per cent to 7.2 per cent in the first quarter, DBS Bank has forecast. In its latest assessment of Singapore's economic outlook, published in the latest issue of
      Source: CEIC  -  277 words
    • 261 7 COMPANIES must "gear up" their on-the-job-training (OJT) to provide a higher level of skills, Productivity and Standards Board (PSB) chairman Lim Boon Heng said yesterday. The new economic environment requires companies to speed up and boost their OJT system, he said at the
      261 words
    • 346 7  -  Raymond Chow Vice President Head. Corporate Communications Singapore Exchange WE refer to the article "SGX should come down harder on lack of disclosure" (BT, Apr 26). Our Listing Manual requires every listed company to provide a review of its financial performance in the announcement of
      346 words
    • 357 7  -  Eugene Low THE Media Corporation of Singapore (MediaCorp) is spending $13.2 million as part of its "golden handshake" scheme to retrench 210 of its 3,051 employees. Of the workers retrenched by the government-owned company, all have at least 10 years of service
      357 words
    • 430 7 DUPONT, which is investing $140 million in its third Lycra plant here, may be setting up a facility in Singapore to produce raw materials for its Lycra manufacturing facilities in Asia. The company is also investing $10 million to set up a research and
      430 words
  • Page 7 Advertisements
    • 16 7 Z2l COMPUTER P9OOUCTS/ SERVICES To scan valuable information, log on here. GA.TJS. The Straits Times Classified
      16 words
    • 47 7 XMIHT! i Options At the IHT we write for people who understand the value of choice. I The Herald Independent, international news, informed analysis and respected opinion, edited in Paris since 1887 KB3Bs3Wy*l! and distributed in more than 180 countries worldwide. Think IHT. The World's Daily Newspaper.
      47 words

  • eNews
    • 560 8 TOKYO Play Station 2 startup costs result in group net loss of 36.7b yen, np from 19.4b yen a year ago Bloomberg SONY Corp, maker of the Play Station video-game box, said yesterday that its loss in the January-March quarter almost
      Bloomberg  -  560 words
    • 53 8 NEW YORK] Executives of AT&T Wireless Group ringing the opening bell at the New York Stock Exchange on Thursday as the company marks the largest initial public offering in US history. The company's total offering was valued at US$lO.6 billion (SslB.l billion) for 360
      AFP  -  53 words
    • 624 8 TOKYO Bat Toshiba's group net loss widens to 28b yen Reuters JAPANESE high-tech heavyweights Fujitsu Ltd and Hitachi Ltd moved back into the black in the last business year as the world chip market perked up, although rival Toshiba Corp still struggled, posting
      Reuters  -  624 words
    • 474 8 STOCKHOLM Company sees Q2 profit doubling, sales to go np 25% Bloomberg ERICSSON AB, the world s top maker of wireless phone networks, said first-quarter profit more than quadrupled and raised its full-year sales forecast on demand for its cellular networks
      Bloomberg  -  474 words
    • 330 8 WASHINGTON Bloomberg DOUBLECLICK Inc, the No 1 Internet advertising company that lost 47 per cent of its value this year, awarded its two top executives stock options worth about US$344 million (SssBs million) based on last year's prices. The shares
      Bloomberg  -  330 words
    • 341 8 PALO ALTO, California 3 others reassigned, 1 suspended; new policies to prevent recurrence Reuters CISCO Systems Inc, the largest maker of gear that powers the Internet, fired one worker and reassigned or suspended four others after the company was alerted to allegations of
      Reuters  -  341 words
    • 553 8 BERLIN Reuters GERMANY was to launch an auction of broadband UMTS mobile licences yesterday and expects to raise almost US$5O billion (SsBs billion) to cut government debt as cellphone companies scramble to acquire capacity for Internetcompatible services. Germany's four mobile
      Reuters  -  553 words

  • REGIONAL news
    • 524 9 MANILA Run prompts central bank, bankers' body to lend support Bloomberg INTERNATIONAL Exchange Bank and Philippine Bank of Communications said nervous depositors are making extra large withdrawals on fears the banks may fail, prompting authorities to try and shore up support
      Bloomberg  -  524 words
    • 1173 9  -  Lvi ;l I idilki journal karim raslan The writer is a Kuala Lumpur based lawyer and writer LAST week, after hours of painstaking economic research, a great deal of teh tarik and a lot of MTV and Channel V, I coined the phrase, the "Madonna
      1,173 words
    • 327 9  -  Cheques worth 177 m pesos issued by Urban bounced, the group says Fromj Al Labita in Manila FOOD and beverage giant San Miguel Corp (SMC) yesterday protested to monetary authorities the sudden closure of a commercial bank, a move which has put
      327 words
    • 417 9 JAKARTA AFX-Asia INDONESIAN President Abdurrahman Wahid told legislators that the two key economic ministers he dismissed this week were believed to be involved in several corruption cases, Kompas quoted a senior parliamentarian as saying. "The president said the replacement of the two ministers
      AFX-Asia  -  417 words
    • MARKET moves
      • 80 9 THE share price of transportation companies Diperdana and Konsortium Logistik rose despite the soft market conditions yesterday on expectations that they will be forced to beef up their operations to counter keener competition ahead. Diperdana rose 16 sen to RM4.96, while Konsortium gained 25 sen to RM5.75.
        80 words
      • 60 9 LAND General continued to be heavily traded, inching up three sen to RM1.47, following the revision of its pre-tax profit for the year ended December 1999 from RM25.9 million (5511.6 million) to RM60.3 million. The change was due to the receipt of a profit guarantee
        60 words
      • 68 9  -  Compiled by Eddie Toh UNITED Engineers Malaysia rose five sen to RM9.80 when trading in parent Renong Bhd was halted yesterday following Sapura's bid for Time Engineering, an associate of Renong. Sapura and Telekom Malaysia, however, failed to prevent the court from giving a further three-month reprieve to
        68 words

  • REGION world
    • 778 10  -  Its Canadian partner TIW wins coveted Licence A for 36 system with bid of £4^Bb From Quak Hiang Whai m Hongkong LI Ka-shing's Hutchison Whampoa—after loading its war chest with heavy ammunition in the last six months—has successfully secured a third-generation (3G) mobile phone
      778 words
    • 517 10 HONGKONG Flotationsaidtobe aimed at raising US$lOO-200m Reuters DEFYING a recent stock market slump, Skynet (International Group) Holdings Ltd plans to list two of its Internet portals on Hongkong's Growth Enterprise Market (GEM). "We hope to submit applications for the listing of Cyber Daily
      Reuters  -  517 words
    • 408 10 SHANGHAI Bank of Shanghai and Shanghai Commercial Savings Bank link up to face WTO challenges Bloomberg SHANGHAI Commercial Savings Bank of Taiwan and a Hongkong affiliate are forming an alliance with China's Bank of Shanghai, creating an unusual cross-border link between Taiwanese and Chinese
      Bloomberg  -  408 words
    • 567 10 NEW YORK Key data point to inflation, tougher monetary policy Reuters IN a significant shift in market view from a fortnight ago, mayor Wall Street brokerages now believe that the Federal Reserve will raise interest rates by half-a-percentage point when it meets
      Reuters  -  567 words
    • 45 10 [SYDNEY] A semi-nude cyclist, part of the radical group known as Critical Mass, preparing to ride in a protest around the streets of Sydney yesterday. About 100 cyclists, skateboarders and rollar-bladers blocked streets during peak hour in a celebration of non-motorised transport. REUTERS
      REUTERS  -  45 words
    • 305 10 TOKYO Reuters, Bloomberg A TOP executive handling Japanese department store Sogo Co Ltd's efforts to crawl out from under a mountain of debt has hanged himself a high profile sign of the hu man toll of the nation's eco nomic woes. A police
      Reuters,; Bloomberg  -  305 words
    • 217 10 PARIS Central bank head was treasury director then AFP BANK of France governor Jean-Claude Trichet said yesterday that he was facing charges in an enquiry into the financial affairs of Credit Lyonnais bank while it was state-owned. Mr Trichet said in a statement he
      AFP  -  217 words
  • Page 10 Advertisements
    • 81 10 THE StNGAPORE LYWC OPERA THE WNGAPORE i-YRfC OPERA THE SINGAPORE LYWC I cs tn r 1 I I I 4, 6, 7, 8& 9 May 2000 1 Bpm at Kallang Theatre j Tickets at SllO. S8 0. S5 0. S3 0 S2O and S 1 0 (Student Concession). Tickets available
      81 words
    • 32 10 If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C JLT.S. at 1800-737-1166. K* [cats. I Buy It Sd It Ftad It
      32 words

  • WORLD news
    • 430 11 NEW YORK Jim Clark sees profits on USslb sales by end 2000; forecast beats CEO's Reuters HEALTHEON/ WEBMD Corp co-founder Jim Clark said the Internet healthcare company would have about US$l billion (Ssl.7 billion) in revenues and be profitable by the end of
      Reuters  -  430 words
    • 607 11 WASHINGTON Their recommendation to judge goes beyond what govt is expected to urge Bloomberg, AP MICROSOFT Corp should be split into four companies to end its anti-com-petitive practices, a group of leading economists told the judge who declared the world's largest software company an
      Bloomberg,; AP  -  607 words
    • 529 11 LONDON Bloomberg, Reuters BMW, Germany's No 3 carmaker, has ended talks to sell Rover Cars to Alchemy Partners, a UK venture capital firm, and may close Rover if another buyer can't be found, the German carmaker said. Bayerische Motoren Werke AG and
      Bloomberg,; Reuters; AP  -  529 words
    • 292 11 Bloomberg MERRILL Lynch Co helped former Singapore-based private banker Kevin Wallace, who is accused of stealing US$25 million (Ss43 million) from his clients, defraud a widow and her two daughters, the woman says in a lawsuit. Valori Kemp says in a federal complaint filed
      Bloomberg  -  292 words
    • 519 11 WASHINGTON The 2 may be first to be definitively cored by this approach Washington Post TWO infants born with a lifethreatening immune system disorder that had forced them to live inside protective sterile "bubbles" are healthy and living normal lives almost a
      Washington Post; AP; AFP  -  519 words
    • WORLDWatch
      • 101 11 AFP [WASHINGTON] Personal income in the United States rose 0.7 per cent in March, and spending gained 0.5 per cent, the Commerce Department reported yesterday. It was the first time since October that income had outstripped spending, the department said. Wall Street analysts
        AFP  -  101 words
      • 38 11 Bloomberg [BERLIN] Commerzbank AG attracted a third German millionaire investor with a history of engineering takeovers as a shareholder, adding to analysts' speculation that the country's fifth-biggest bank may be facing a bid. Bloomberg
        Bloomberg  -  38 words
      • 66 11 Bloomberg [WASHINGTON] The World Bank is ending the appointment of Joseph Stiglitz, a critic of International Monetary Fund (IMF) policies who resigned as the bank's chief economist last November and became a bank adviser. While at the World Bank, Mr Stiglitz frequently clashed with the IMF
        Bloomberg  -  66 words
      • 44 11 Reuters [NEW YORK] Shareholders of Pfizer Inc on Thursday overwhelmingly approved the US$lO5 billion (*****.8 billion) acquisition of rival drug maker Warner-Lambert Co, moving one step closer to creating the largest US drug company and the world's second biggest. Reuters
        Reuters  -  44 words
      • 59 11 Reuters [TOKYO] Two of Japan's three biggest brokerage houses yesterday reported strong profits for the just-ended business year, marking a steep rebound from heavy losses posted the previous year. Yet both Daiwa Securities Group and Nikko Securities Co Ltd, respectively Japan's second and third-largest
        Reuters  -  59 words

  • Page 12 Advertisements
    • 2804 12 [NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I ——W ULTRO T I </H N 0 I 0 6 I I S 1/ ULTRO TECHNOLOGIES LIMITED (Incorporated in the Republic ot Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting ot
      2,804 words
    • 798 12 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF NANHAI PLANTATIONS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308(2) of the Companies Act. Cap. 50, that a Final Meeting of the Members of the abovenamed
      798 words
    • 320 12 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF BS INVESTMENTS PTE LTD (Members' Voluntary Winding Up) At an Extraordinary General Meeting of the above-named Company duly convened and held at Blk 1775 Geylang Bahru #01-02 Singapore *****4 on 20 April 2000 at 12 noon
      320 words

  • FINANCE & commodities
    • 227 13  -  SGZ Derivatives Ttadlngßeports MSCT Singapore Index Daphne Tay Jardine Fleming THE Singapore stockmarket finished firmer yesterday with trading focused on speculative second liners and selective interest in banks and technology issues. Creative Technology jumped 12 per cent following the release of a
      227 words
    • 299 13  -  MS& Taiwan futures Chan Yet San Refco Singapore Pte Ltd THE Taiwan stock market bounced up yesterday following Nasdaq's surge overnight. News of state fund buying helped push the market up as well. The Taiwan Stock Exchange Weighted Price Index ended up 282.41 points
      299 words
    • 194 13 ENERGY REPORT Bloomberg [LONDON] Crude oil yesterday rose one per cent to its highest price in more than a week as colder-than-normal weather in the UK boosted demand for heating oil. "I've still got my central heating on, which I didn't expect at the
      Bloomberg  -  194 words
    • 316 13 Reuters London THE hapless euro set a record low against the US dollar for the second consecutive day early yesterday, its third record low this week, and analysts said losses below US$O.9O were likely. The European Central Bank (ECB) raised official interest rates by a quarter percentage point
      Reuters  -  316 words
    • Article, Illustration
      1293 13 MTERBAIfg CROSS RATES Apr 28 A$ C$ 8mto Euro Ffr Pro HK$ Ind 8s Rupiah Yen Won RM NZ$ P«> »s Peso S$ Band Sfr NTS Biht Pond US$ Australia 0.868 4.886 0.648 4.252 1.268 4.585 25.696 46.735 0.627 6.528 2.237 1205 30.516 24.292 1.003 4.014 1.019 18.032 22.390 0.375
      1,293 words
    • 1934 13 81C0M FUTURES Apr 28 RUBBER (futures dosing as at 5.30pm) RSS1 CONTRACTS centsAg) Close VolMM Opm Month High Low Sett (tonnes) Interest May 00 118.75 JunOO 121.50 300 Jul 00 123.50 300 Aug 00 125.50 300 RSS 3 CONTRACT (US certs/ligX Volume Open Month Hkjh Low Sett (tonnes) Interest May
      1,934 words

  • STOCKS east asia
    • 2769 14 HONGKONG AFX-Asia nßugSag +32M3 HONGKONG share prices closed higher, led by China Telecom and Hutchison amid generally positive sentiment on the mobile phone sector, and with technology stocks also sharply up on Nasdaq's gains, dealers said. The Hang Seng Index closed up
      AFX-Asia  -  2,769 words
    • 1953 14 TOKYO AFP QWUmMS -45i47 SHARE prices in Tokyo closed below the 18,000-point level yesterday for the first time in six months as investors took quick profits on high-tech issues before the closing bell, brokers said. The key Nikkei 225 Index lost 45.47, or 0.3 per
      AFP  -  1,953 words
    • Article, Illustration
      944 14 Reuters flSkakißMß -MU3 CHINA'S hard currency B shares closed slightly higher yesterday as domestic institutions stepped in to support the market on the last trading day before a week-long holiday, brokers said. Shenzhen's B Index rose 0.63 points or 0.71 per cent to 90.05 points as turnover rose sharply
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  944 words
    • 377 14 AFP QwPlafcx +282.41 TAIWAN share prices closed 3.3 per cent higher yesterday in a technical rebound after heavy losses earlier in the week, dealers said. The Taiwan Stock Exchange Weighted Price Index shot up 282.41 points to 8,824.36. Turnover yesterday was NTJ168.7 billion, up from the previous trading session's
      AFP  -  377 words
  • Page 14 Advertisements
    • 56 14 I Ntpm u u d I IPO. Shares. Bonds. Stocks. Annual Reports. jjjfcV I J I Whatever you're offering, we help you reach out Ptacr SSL9O par Suet I I to 86.7% of all adults in Singapore daily. I %??sS£rr. "rrr~~ I I The Straits Times The Business Times Lianhe
      56 words

  • STOCKS klse
    • 441 15 AFX-Asia C 3 Composite Index -SJH) SHARE prices in Kuala Lumpur yesterday closed mixed in thin trade with investors sidelined ahead of the long weekend with not enough leads to spur buying, dealers said. The KLSE Composite Index closed 5.90 points or 0.65
      AFX-Asia  -  441 words
    • 8794 15 MMHTHALS COMMMf products 2000 Last Vol Day N«t Cap High Low Company Sato 'OOP High Low P/t Smll 420 310 Aiinomoto 368 23.3 149.2 158 91 Angkasa 97 5 1.5 26 98 96 143 8 670 290 Apollo Food Hh) 545 25 51 570 530 13.0 218.0 3025 2700 BAT
      8,794 words
  • Page 15 Advertisements

  • SGX clob & regional stocks
    • 3114 16 BONDS WARRANTS Apr 28 m mi M »-«Ht laet M ta* MMi *1 M Cam Urn Mk M «N» lew Mm Claim s* «er- CMW M» Lm Mr Ma MHM Ma >lHl|1 U* 80 17 $3164 Ar nu*mn7;>4 ".T7 W unch 80 19 5 19 18 19 18 41.0 1
      3,114 words
    • 296 16 AFP Q Composite Index +33J2 THE Korea Stock Exchange Composite Index closed up 33.32 points at 725.39. Volume was 226.2 million shares worth 2.7 trillion won. AFP *•>» vAnam Semi VMOO 300 Brain Tech «20 Central Bank 1820 -70 ClwtfComm "6500 3000 OaeGuBank. 2010 10 Danang Corp 2125 -5
      AFP  -  296 words
    • 297 16 AFP Q Composite Index -2LBO THE Philippine Stock Exchange Composite Index yesterday closed down 21.80 points or 1.4 per cent to 1,598.73. Volume turnover fell to 3.23 billion shares worth 1.05 billion pesos from 6.7 billion shares worth 950.46 million pesos on Thursday.—AFP Nee *t- rmm MRC Anted 0.53
      AFP  -  297 words
    • 282 16 AFP QNXSE-44 +10Jt NEW Zealand shares closed slightly higher yesterday as investors struggled to read offshore markets. The NZSE--40 Capital Index rose 10.66 points to 2,016.57 with turnover worth NZ$lll.7 million. Brokers said the market normally edged down before the weekend. —AFP *rzt us rmm Advantage HOS XtS 0.09
      AFP  -  282 words
    • 547 16 AFP QAD Minna +110 THE benchmark All Ordinaries Index rose 12 points to 3,065.1 while the recently introduced SP/ASX2OO rose 9.5 points to 3,115.8 points. The All Industrials closed 20.8 points higher at 5,434.6 while the All Resources eased ahead 5.1 points to 1,200. Preliminary national turnover was 617.82
      AFP  -  547 words
    • Article, Illustration
      777 16 AFP P SET fata -2M THAI share prices dropped 0.8 per cent yesterday in very thin trading ahead of the long weekend, as investors largely shunned the Bangkok bourse, dealers said. The Stock Exchange of Thailand (SET) Index closed down 2.96 points at 390.40, while the select SET 50
      AFP  -  777 words
    • Article, Illustration
      632 16 AFP Qcvxposite Index +5J2 INDONESIAN share prices closed 1.0 per cent higher yesterday on strong corporate results and a technical rebound, dealers said. The Jakarta Stock Exchange Composite Index was up 5.12 points at 526.74. A dealer with a regional brokerage said that the stock market was slightly higher
      AFP  -  632 words
  • Page 16 Advertisements

  • 7645 17 SGZ MAINBOARD Trarisactixm date: Apr 28 Gr Cr M Wt 52-Wk Last Vat Day LMt Quota Djv W* Yti Net Cajj Avg High Low St No Company Sale COOO) High Low Buyer Seller H C vf Pft $m« Price ■UHMMff 182 93.5 mc IOOO Acma 50c 129 cd
    7,645 words
  • Page 17 Advertisements

  • Page 18 Advertisements
    • 249 18 Where to wine, dine and entertain../^(o^ss Select from our extensive a la carte buffet menu featuring 60 superb Sichuan and Cantonese gourmet delights. Lunch: $23 (Adult), 40% discount (Child) Dinner: $26 (Adult), 40% discount (Child) For reservations, please call 290 8005/299 9011. Prices subject to semce charge &tpvt taxes including
      249 words
    • 30 18 -Q i i gg HOTEL GRAND CENTRAL LIMITED 22 Orchard Road/Cavanagh Road, Singapore *****7 Western j Spanish HHHm Cantone&e American HIH| Teochew < Japanese egetarian ..Mexican Mongolian Sichuan Hainanese T ..talian
      30 words
    • 62 18 \m mm Roasted Whole Suckling Pig Steamed Live Sea-Bass Fish AC, with Lime Sauce (Thai Style) Deep Fried Fresh Prawns with jCCft Pepper and Garlic MM Braised Mushroom with Bean-Curd Puff ESI and Lo-Han Vegetable Braised Shark's Fin Soup with Dried Seafood Sauteed Pork with X.O. Sauce Braised Noodle in
      62 words
    • 21 18 jf Wine, I The Business Times I I I Contact Patrick Ang 740 1284 I I or Amy Chop *****59 now.
      21 words
    • 41 18 I Savour local fare nd our award-winning j Chicken Rice We are open 24 hours daily in case rc>u have not eaten yet. Enquiries: 831 6291 HtwJtinn (Q Stngafwrr J J Orchard Raid. Sinnjpore 2 J8867 T«H 7J7 4411 F«:7J2 2Jbl
      41 words
  • Page 18 Miscellaneous
    • 1018 18 mi ii i ii fi4i-g»H/7T7Sn—■—^n 1 tfamiT"' 9.00 Suddenly Susan: 6JO Temanku. 11.00 News World. Cwitral Bowled Over. 7.00 Wanita Hari Ini. 11.30 13 Wonders. —r 8.00 AM Kids Central: 64 9.30 News 5 Tonight. 7.30 Tahukah Anda?. 12.00 MN Headline News. Zoo Lane/ Animal 10.00 Get Real: Busted on
      1,018 words
    • 245 18 CRYPTIC CROSSWORD ACROSS tures (8) 7Be confused by one pop concert 6 mire mn scampered smgte it'll put kids in a spin (9) J?' 8 Copy made by Class One? (5) Son returns waterproof for 22 (4) 10 Position heW by a colleague is Wlder **>" te cut off (8)
      245 words

  • TheArts
    • 1804 19  -  Art Singapore will take over where Tresors left off, but with greater focus on Asian art The organisers talk to partatbz matar and fri.tot* tap PARVATHI NAYAR, FELICIA YAP IN the 1990s there was Tresors, an art fair whose mission was to put Singapore on
      1,804 words
    • THE ARTS
      • 1267 20  -  Felicia yap meets up with the people behind the Art Gallery Association FELICIA YAP PROM all appearances, the working committee of Art Singapore is enthusiastic enough about their brainchild. While agreeing that Art Singapore is a follow-up to the Tresors in certain areas, the Art Gallery Association
        ARTHUR LEE  -  1,267 words
      • 540 20  -  Vocaluptnons goes a capella in its Ist fall-length musical By\ Magdalene Phang SINGING, dancing, romance and a dash of local comedy that about sums up We Don't Dance, a full-length a cappella musical being put together by Vocaluptuous. Most of us at the
        540 words
      • 602 20  -  4 ac&ppella groups join up to belt ont familiar tunes By] Koh Huiting EVERYONE knows Chanticleer, the famous male a cappella group in the United Sates with their soothing classical tunes and extensive repertoire. Then there are the renowned King's Singers from the United Kingdom,
        602 words
      • 882 22  -  Ivan Heng, in his portrayal, doesn't try to hide his masculinity, writes parvathi nayar PARVATHI NAYAR STELLA Kon's Emily of Emerald Hill (1983) is one of the seminal works ofSingaporean theatre, a monologue that explores the life of a Peranakan matriarch. The twist in the
        882 words
      • 404 22  -  By Aaron Lye EVERYTHING'S going electronic these days. You have e-com-merce, e-fulfillment, cyberwarfare, cyberculture and countless other traditional terms that suddenly find themselves prefixed as part of a snazzy revolution in contemporary language. Well, here's the latest addition to the ever-growing pile cyberart.
        404 words
      • 728 22  -  CONCERT REVIEW Latest Ballet Under the Stars was a great hit despite cloudy skies By Felicia Yap THEY came in droves, armed with their picnic baskets, rugs and mats. Some even bulldozed a pitch on the green despite an intermittent drizzle. Thankfully, the rain
        FILE PHOTO  -  728 words
      • 329 22  -  By\ Koh Huiting ALWAYS wished to hear the Vienna Philharmonic but never had the chance? Then get out of the house tonight and head on down to the Alliance Francaise to hear the masterworks concert presented by Arts Management Associates featuring the Vienna
        329 words
      • 679 22  -  Australia's lamed singers will be back to thrill Singapore concert-goers liyl Kenneth Lee THREE men who embody a very strange mix of China, Australia and Luciano Pavarotti are coming back to Singapore. Zhou Hao, 46, Xing Weili, 38, and Xie Kun, 44 better
        679 words
    • Article, Illustration
      1553 21  -  Compiled by M Yasotha MUSIC Singapore Symphony Orchestra Beethoven Symphony Cycle/Piano Fireworks Finland's Petri Sakari conducts a gripping programme of Beethoven and Liszt. Beethoven's first of his nine symphonies displays an independent spirit, almost breaking away from the classical traditions set by Haydn and Mozart. Russian virtuoso Valdimir
      1,553 words
    • Article, Illustration
      178 21 The Bmnc The French Fashion Furor 2000, a week-long series of events celebrating the masters of French fashion. Plot and Players: A veritable who's who in fashion. Ranging from From Worth to Dior, a fashion photography exhibition that chronicles the evolution of French fashion from the creations of Charles
      178 words
  • Page 19 Advertisements

  • Page 20 Advertisements
    • 35 20 The show is on from May 5- 7, Bpm at The Pavilion, Far East Square. Tickets at $20, $25 and $30from Sistic. Student concessions are at $15, $20 and $25. Group discount is Wper cent.
      35 words
    • 49 20 Art Singapore, Sep 29-Oct3, ARTrium MIT A, MIT A Building, 140 Hill Street. Cina-Capella is on at Bpm, YMS-SPH auditorium in the YMS Arts Centre. Tickets are available at $15 for the public and $12for Fanatix members. For tickets and information, call Angie at 332-*****r e-mail her at: angie@ym&prg.sg
      49 words

  • Page 21 Advertisements
    • 71 21 m with PruMortgage jm Unemployment Cover, your ll m 1 .mimi. iif i disappear if your job does. H Introducing PruMortgage. Singapore's first mortgage plan with Unemployment Cover For more Alternatively, visit our website at www.prudential.com.sg/prumortgage. Prudential Assurance Company Singapore (Pte) Limited, 30 Cecil Street #30-01 Singapore 04 971 2.
      71 words