The Business Times, 4 February 2004
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2004-02-04
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The Business Times
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Title Section14 2004-02-04 1 THE BUSINESS TIMES MUA (P) 024/03/2003 internet: http://business-times.asial .com.sg SINGAPORE WEDNESDAY, FEBRUARY 4, 200414 words
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Article, Illustration1000 2004-02-04 1 Andrea Tan - Rising A$,NZ$,£ and hot property markets spur them to sell their investments By Andrea Tan [SINGAPORE] With the strong Australian dollar and a property boom Down Under, many Singaporeans have made handsome gains. While once they snapped up homes and investment properties inSource: Reuters; Source: Research - 1,000 words
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Article80 2004-02-04 1 Dsn 1,845.13 (-3.23) ST INDEX FUTURES 1,840.00 (-15.00) SIMSCI 225.28 (-1.17) SIMSCI FUTURES 224.90 (-1.80) Tuesday Change KLSE COMP closed NIKKEI 225 10,641.92 1:14.« 1 HANG SENG 13,090.111 +90.03 SF7T INDEX (599.75 *32.42 JAKARTA COMP __.730.31 -22.61 MANILA COMP 1.437 H7 -9.38 TAIPEI WP1 .6,252.23 -67.73 SEOUL COMP 839.8780 words
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Article75 2004-02-04 1 FOREX RATES US$ S$ l!S$ (SS per l'S$) 1.694 £(l'S$/S$per£).... 1 .833 IIM ElJRO(lJS$/S$/E). 1.256 2.127 YEN 105.4 62.2(1 KM 3.800 2.244 HKS 7.774 4.590 BAHT 39.13 23.10 RUP1AH 8,447 4,987 RENMINBI 8.299 4.900 INDIAN RUPEE 45.29 26.74 AS 1.308 0.772 NZ$ 1.474 0.871 PRIME RATES SINGAPORE 545 MALAYSIA75 words
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542 2004-02-04 1 Anna Teo - EYE on the economy business sentiment Findings tally with results of BT-NUS poll showing bullish business sentiment By Anna Teo [SINGAPORE] Output may still be down in the first quarter, but that's only a seasonal dip. Encouraged by improving global economic conditions,542 words
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817 2004-02-04 1 Anna Teo - BT analysis Many firms embrace proposals, but less sure about implementing them, says Anna Too Anna Teo EMPLOYERS have been remarkably candid in their views on the latest pay reform proposals. Save for a couple of the biggest companies that voiced some vague, broad support,817 words
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Page 1 Advertisements
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Advertisement259 2004-02-04 1 Unlock the value in| your |overseas property Current, historicity Some lending rates are at 45-year lows and yet residential property values New Zealand, Canada and USA, have grown, in many cases, rapidy, in recent years. This has given rise to a prime opportunity for overseas Qui» nil property homeowmers to259 words
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NEXT page
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386 2004-02-04 2 Vince Chong - BT exclusive Retired from A61, Yang Soo Suan teams up with RSP Architects By Vince Chong [SINGAPORE] Award-winning veteran architect Yang Soo Suan has retired from Architects 61, which he co-founded, to fulfill a long-time ambition to tackle the China market with RSP Architects.386 words
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Article, Illustration677 2004-02-04 2 Ronnie Lim - BT analysis If untackled, it'll give impetus to Thai project aimed at bypassing Malacca Straits, Ronnie Lim says Ronnie Lim SINGAPORE'S regional oil business is in danger of being literally hijacked by pirates. Two reports yesterday, one in local newspapers and theFILE PHOTO - 677 words
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ON THE grapevine
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Article182 2004-02-04 2 WITH stocks having come a long way since this time last year, perhaps it's timely to ask a few questions if you're wondering what to buy even at current prices, what to buy more of, or what to sell. From www.thestreet.com, here's what senior editor182 words
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Page 2 Advertisements
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Advertisement326 2004-02-04 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: Simonne Toh T: +65 6535 3382 F: +65 6535 3991 E:326 words
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Page 3 Advertisements
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Advertisement15 2004-02-04 3 4 Welcome M1 customers to the world's largest mobile community. I O vodafone J www.m1.com.sgwww.vodafone.com15 words
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SINGAPORE companies
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Article, Illustration505 2004-02-04 4 Wong Wei Kong - Two brokers agree with prosecutors that he was the 'mastermind' By Wong Wei Kong LINKS Island chairman Winstedt Chong yesterday vowed to fight to clear his name after two stock brokers charged with manipulating the share price of the dredging and reclamation505 words
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Article, Illustration338 2004-02-04 4 It will be purely an investor of budget airline Tiger AFP SINGAPORE Airlines vowed yesterday to remain a premium carrier despite a stake in the soon-to-be-launched budget airline Tiger Airways. SIA chairman Koh Boon Hwee said his company would not involve itselfAFP - 338 words
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468 2004-02-04 4 Reuters SINGAPORE Airlines Ltd, the world's second-largest carrier by market value, is expected to post higher quarterly profit, lifted by a post-Sars rebound in passenger traffic. Profit at the flag carrier, set to enter the record books having launched the world's longestReuters - 468 words
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343 2004-02-04 4 Bloomberg SINGAPORE Airlines has not seen any reduction in its ticket sales because of the spread of bird flu, said the carrier's marketing executive vice-president, Huang Cheng Eng, yesterday. Shares of the world's sec-ond-largest carrier by market valueBloomberg - 343 words
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COMPANYBriefs
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112 2004-02-04 4 Reuters SINGAPORE Telecom is expected to post an 80 per cent rise in third-quarter profit when it announces its results tomorrow, helped by growth in mobile users, improving Australian operations and gains from asset sales. Rising contributions from SingTel's regional associates, thanks toReuters - 112 words
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Article92 2004-02-04 4 NERA Telecoms' net profit for 2003 was down jfer* cent to $13 mUlioa, due mainlytb lower gross profits and margins from its contract manufacturing operations. There was also an absence of divestment gains in 2003 while in 2002, earnings were boosted by gains92 words
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58 2004-02-04 4 SAM Goi's Tee YihJia Food Manufacturing will subscribe to 21.9 million new shares in Thai Village at 23 cents each, a discount of about 10 percent to the market price. The shares represent 15 per cent of Thji Village's existing capital and 1358 words
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Article39 2004-02-04 4 ACE Dynamics said John Lee Sok Khian has resignctl as director and managing director effective from J Jan 31. Following the resignation, Lim How Boon, J senior managing director, has been redesignated as managing director.39 words
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Article3306 2004-02-04 4 UNIT TRUSTS FUNDS COHMMflfeMlk ASSCt Mflt com Fra** o%v Com Global Lifestyle Index Fd 0.951/ Com Global Heahh Index Fd 0.88* Sf£2££$h Com Global Telecom Index Fd 050* S£I2£Er l Com Global mfotec Index Fd!" 0.391 gM*rz=zzz=zzig affi»,»fc=====35 SlSSls j'gg Com S'poie Bond Fund/* 1.093/ Star Global Technology FwtfF 0249/3,306 words
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Page 4 Advertisements
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Advertisement434 2004-02-04 4 Call toll-free 1800 289 8822 In the Matter of The Companies Cap. 50 And In the Matter of UNITRODE ELECTRONICS (SINGAPORE) PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50, the FINAL MEETING of the434 words
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Page 5 Advertisements
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Advertisement183 2004-02-04 5 1 life, live it. f/XJh; W >; -v v *?V-' 7 ■■<■ 1 KS■. K .v r ,-i y •> far* t f w -v' <V v v-,"" mUr Jr Mb i I < At V J; 4 y ft &Vfc?;.'i\- r -1 I ■<".■ :•>•' I < k </183 words
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SINGAPORE markets
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Article679 2004-02-04 6 VEN SREENIVASAN - Compiled by VEN SREENIVASAN Singapore Telecom Feb 3 dosing: $2.07 SINGTEL will release its Q3 FYO4 results tomorrow. We expect net profit before exceptional to surge 60 per cent year on year to $514.8 million due to strong growth in Optus and regional associates' income. Market consensus is679 words
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Article, Illustration414 2004-02-04 6 POINT LAST week, we warned of an imminent sharp correction in the Straits Times Index (STI). And, regrettably, the correction has begun. Whether it was the spread of the avian flu virus or expectations of US interest rate tightening and often theseSource: Bloomberg - 414 words
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Article, Illustration927 2004-02-04 6 larry wee - A longer view CURRENCIES larry wee THE US dollar enjoyed some respite this past week vis-a-vis its non-Asian counterparts thanks to the US Federal Reserve and pre G-7 meeting jitters but the yen has remained stubbornly strong. In the background, interest rate considerations927 words
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Article, Illustration586 2004-02-04 6 ven sreenivasan - BT comment STOCKS ven sreenivasan THE local market caught a mild case of bird flu jitters yesterday that sent the Straits Times Index diving as much as 1.7 per cent in early trade. But players soon realised that the selling was overdone and this586 words
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TRADES TO WATCH
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115 2004-02-04 6 MEDIASTREAM executive chairman George Thia, who holds a direct 0.52 per cent stake in his company, had his deemed stake cut to 36.78 per cent from 36.86 per cent yesterday after a sale of 600,000 shares at three cents apiece. The sale, done through115 words
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Article73 2004-02-04 6 HEALTH Management International (HMI) executive director Lim Poon Thoo bought one million HMI shares, or 0.349 per cent of issued share capital, in the open market on Jan 16 at seven cents apiece for $70,000. Mr Lim, who took on his current post in September73 words
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76 2004-02-04 6 BRILLIANT Manufacturing executive director Koh Swee Yong upped his stake to 11.89 per cent from 11.67 per cent through an open-market purchase of one million shares on Friday. Mr Koh had also bought 800,000 shares of the hard-disk drive component maker earlier in January.76 words
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92 2004-02-04 6 KENNETH LIM - Compiled by KENNETH LIM BRITISH venture capital firm 3i Group pared its stake in foam-moulded products specialist Broadway Industrial Group to 11.25 per cent from 14.87 per cent over several sales in the last week of January. Under new disclosure requirements, 3i is92 words
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Article, Illustration427 2004-02-04 6 OTHER SINGAPORE INDICES Feb 3 VALUE CLOSE BT OB/OS -82.00 +71.00 BTCADI -*****.00 -161.00 BT lOntey MA -*****.00 -9.00 All-SG Equities 495.40 -1.16 SG Equities Beet 184.83 -3.69 SSEquHksFln 1551.62 -8.98 SG Equities Prop 463.03 -3.60 SHHSCI 225.28 -1.17 SflMMFiitairM 224.90 -1.80 Slocks Volunw Japan Asia 5c 77,147,000 SingTel 15c427 words
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390 2004-02-04 7 Kenneth Lim - Darsono joins as exec director; two directors quit By Kenneth Lim SESDAQ-LISTED ecoWise, which suffered a profit plunge in its last financial year, has roped in Indonesian businessman Irawan Darsono to help spearhead its drive for new business, especially in China. Mr Darsono,390 words
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486 2004-02-04 7 kenneth lim - HOCK lock siew kenneth lim HOW that its outstanding and expensive lawsuits are near closure, ei-Nets and its new chief Phua Teck Chew may finally have some breathing space to turn the company around. But while early signs suggest that Mr Phua486 words
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411 2004-02-04 7 Chen Huifen - It signs pacts with China firm to market its products By Chen Huifen FOLLOWING its recent move into the China education business, IT solutions company ei-Nets Ltd plans to venture into the information security market as well. The Sesdaq-listed company yesterday signed two agreements with411 words
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293 2004-02-04 7 Joyce Koh - By Joyce Koh KEEP the beer taps flowing. Thai Asia Pacific Brewery (TAPB), an associated company of mainboard-listed Asia Pacific Brewery Limited (APB), yesterday said it has completed a 2,900 million baht (*****.5 million) expansion of its Nonthaburi brewery, its second expansion in three years.293 words
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Page 7 Advertisements
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Advertisement146 2004-02-04 7 ÜBS wealth managers won't predict your future. But they will prepare you for it. By offering you flexible, individual solutions based on an in-depth assessment of your entire wealth picture. Your assets and liabilities. Your today and tomorrow. Our advisors access timely insight via our unrivalled global network and continuously146 words
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EXECUTIVEmoney
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Article, Illustration1258 2004-02-04 8 GENEVIEVE CUA - GENEVIEVE CUA finds out how Shield plans work and how they differ from commercial or cash-funded medical insurance plans GENEVIEVE CUA NTUC Income last week announced enhancements to its medical insurance plan under the CPF umbrella. With the changes, IncomeShield appears to offer the best value byFILE PHOTO - 1,258 words
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Page 8 Advertisements
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Advertisement462 2004-02-04 8 lower can now! International Business Park (IBP) Close to Jurong East MRT station and bus interchange 130sqm onwards Raised floor system t Column free layout 142sqm onwards u| Great tenant mix liw Column free layout |J Changi Business Park 10-min drive to Changi airport and close to PIE ECP The462 words
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Advertisement68 2004-02-04 8 B<J N G S T 0 N UNIVERSITY MA in Corporate Finance Strategy MA in Corporate Governance Strategy Masters Course Preview Day/Date: Friday, 6 February 2004 Time: 6.30pm 8.30pm Venue: SAICSA Training Centre 149 Rochor Rd #04-07 Fu Lu Shou Complex Singapore *****5 Interested, please call Azian Guat Ling at68 words
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SINGAPORE news
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Article394 2004-02-04 9 Tang Weng Fai - About 100 highly skilled jobs will be created by April 2005 By Tang Weng Fai XILINX, the world's largest maker of programmable logic chips, is setting up its regional office here with test facilities for its chips to support more than US$6OO million394 words
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205 2004-02-04 9 WITH interest in India's booming economy now on the rise, a special conference next week will cover Asean's economic relations with the resurgent south Asian nation. Organised by the Institute of Southeast Asian Studies (ISEAS), the AseanIndia Forum will focus on broad economic205 words
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506 2004-02-04 9 Vince Chong - CBRE expects prime office rents to rise 5-10% this year By Vince Chong SINGAPORE'S office market is getting less expensive by the year, with the latest CB Richard Ellis survey putting it as the 61st dearest location in the world, down from506 words
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NEWSRoundup
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Article77 2004-02-04 9 THE President has appointed Po'ad Bin Shaik Abu Bakar Mattar as a member of the Public Service Commission with effect from yesterday for a five-year term, the Prime Minister's Office announced. Mr Po'ad, a senior partner of Deloitte and Touche and a member of the77 words
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Article81 2004-02-04 9 THE National University of Singapore and University of Illinois at Urbana-Champaign (UIUC) yesterday signed an agreement to establish a joint PhD programme in chemical engineering. A key research area will be biomedical sciences, and A*STAR will provide scholarships. The programme aims to attract talented81 words
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Article86 2004-02-04 9 SOUTH KOREAN startup Ness Display Co yesterday opened a plant to produce cutting-edge organic light-emitting diode displays (oled) here. In the third round of funding, the Economic Development Board's investment arm and Japan's Softbank each invested US$l2.5 million in the plant, while Sweden's Investor86 words
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Page 9 Advertisements
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Advertisement19 2004-02-04 9 3 Lianhe Zaobao m I Prices I of I I plastic I I resins I soar I ueanMfflisx I19 words
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Advertisement35 2004-02-04 9 I|j^| B Harriott. pl^Bl RENAISSANCE. TW MARRIOTT. hotels resorts fr express HOTELS RESORTS HOTELS RESORTS Enjoy special offers and attractive savings in key city destinations in Asia Pacific. Don't forget, Membership Privileges travels with you.35 words
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EDITORIAL & opinion
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Article, Illustration798 2004-02-04 10 frank ching - THE bottom line OPINION frank ching LAST month, in a small but significant move towards greater openness and transparency, China for the first time made available to the public a portion of materials from its diplomatic archives for the period between the founding of the798 words
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Article48 2004-02-04 10 'We really don't have a culture of public service. We have a well-entrenched patron-client relationship that we have inherited from three centuries of Spanish colonisation.' Earl Parreno a political analyst in the Philippines, where power and influence often pass through certain families election after election.48 words
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Article600 2004-02-04 10 EDITORIAL THE role of poison-pen letters in the financial industry is like premarital sex: everyone knows it happens, but not many people want to talk about it openly. Financial industry regulators, whose task is to assess and approve initial public offerings (IPOs), have been getting increasing600 words
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Article, Illustration1242 2004-02-04 10 Leon Hadar - While US companies are coming back to life, the news has not been so good for workers, especially in the manufacturing sector From Leon Hadar in Washington THAT the leading Democratic presidential candidates are bashing President George W Bush for his handling of theREUTERS - 1,242 words
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Article463 2004-02-04 10 Andy Mukherjee - COMMENTARY India's bond market, that is, considering New Delhi's clout By Andy Mukherjee Bloomberg INDIA'S national elections due some time in April are perhaps the only thing standing between the country's US$2l2 billion bond market and the cleaners. First, the US Federal Reserve gave a joltBloomberg - 463 words
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Page 10 Miscellaneous
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Miscellaneous208 2004-02-04 10 CRYPTIC CROSSWORD 28 A diamond could be terrific! (9) must eat anyway (9) Sparrow, 10 Discern, 11 Battle, DOWN 16 Given, but only on one con- cry, 12 Ounce, 13 Error, 15 lm- 4 < o- dition? (8) perfect, 17 Passports, 19 Eagle,« 1 Signals that bad weather's 18 Lady208 words
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REGIONAL news
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Article, Illustration496 2004-02-04 11 BRUSSELS Also banned are pet birds from other countries, including China and Japan AFP, AP, Reuters THE European Union yesterday extended a ban on imports of Thai poultry and pet birds from Asia for six months to Aug 15, amid anAFP,; AP,; Reuters; REUTERS - 496 words
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NOTEBook
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84 2004-02-04 11 AP [KUALA LUMPUR] Foot and mouth disease has broken out in a Malaysian state, infecting more than 4,000 cattle since mid-December and killing 27, a minister said yesterday. Officials have banned the sale or transport of cattle from central Pahang to other states andAP - 84 words
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54 2004-02-04 11 AFP [MANILA] Higher revenues enabled the Philippines to keep its 2003 national budget deficit within target for the first time in five years, the Finance Department said yesterday, with the full-year figure at 199.9 billion pesos (Ss6 billion). The deficit was below the full-year ceilingAFP - 54 words
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Article44 2004-02-04 11 AFP [KUALA LUMPUR] Malaysia, a conservative Muslim country, is considering legalising transvestites to create "healthy entertainment" in the capital Kuala Lumpur, the official Bernama news agency reported yesterday. Kuala Lumpur city hall has agreed to the proposal in principle. —AFPAFP - 44 words
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452 2004-02-04 11 JAKARTA Bloomberg INDONESIA said it plans to sell a fifth of PT Bank Mandiri, the country's largest lender by assets, doubling its original target, in a public share sale valued at about 5.2 trillion rupiah (551.04 billion). The enlarged stake sale follows anBloomberg - 452 words
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473 2004-02-04 11 KUALA LUMPUR The 3 institutions will focus on core activities under biotechnology A MASTERPLAN for the proposed three institutions to spearhead the development of the Bio Valley project is expected to be ready by end-2005, the Malaysian Business Times reported yesterday. Disclosing this,473 words
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517 2004-02-04 12 NEW DELHI Country's destiny is to be among world's leading countries; finance minister INDIA'S government, hoping for reelection on the back of a strong economy, yesterday forecast GDP growth of 7.5 to 8 per cent for the current fiscal year, putting the517 words
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373 2004-02-04 12 BEIJING CHINESE authorities have launched their biggest crackdown for a decade on a network of underground banks, closing down funds that handled hundreds of millions of renminbi in an attempt to combat laundering and inflows of "hot money", reported The Financial Times. The State373 words
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Page 11 Advertisements
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Advertisement227 2004-02-04 11 v. :v'''£.'*"*•■ \k' Distinctive ownership 2- :^Z: comes but once in a lifetime ||f v -.<- r-' m^0^ Jm KF «r Ji.-'i ••%>* Don't miss In is opportunity- to experience tin* best in water Iron I li\ ing at Sentosa I e, Singapore's premier integrated water front residential enclave. i227 words
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Article, Illustration1100 2004-02-04 12 Transaction date: Feb 3 PTTERBAME CROSS RATES AS C$ Rmb Euro HK$ Ind Hi Bupiah Yen Won RM HZ$ Pafc Rs Peso S$ Rand Sfr NTS BaM Pound US$ Australia 1.019 6.345 0.609 5.944 34.630 64.585 0.806 8.931 2.905 1.127 43.801 42.968 1.295 5.279 0.954 25.429 29.917 0.417 0.7651,100 words
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Article1559 2004-02-04 12 S1C0M FUTURES Feb 3 RUBBER Futures (Closing prices) RSS1 (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Mar 04 218.00 Apr 04 220.50 May 04 221.25 Jun04 222.00 Jul/Sep 04 ***** Oct/Dec 04 225.00 RSS3(U$ceats/kg) Volume Open Month High Low Sett (tonnes) Interest Mir 04 126.501,559 words
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WORLD news
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426 2004-02-04 13 LONDON Apple pipped once again into 2nd place; Mini zooms up to take 3rd spot Reuters GOOGLE, the top Internet search engine which is expected by bankers to list its shares this year, gained a fillip yesterday as it was named GlobalReuters - 426 words
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267 2004-02-04 13 LONDON Reuters MICROSOFT Corp appeared to have survived the worst the MyDoom worm could throw at it yesterday. Experts say the virus, a variant of the MyDoom.A virus that knocked out another company's website on Sunday, was programmed to fire continuous volleys ofReuters - 267 words
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WORLDWatch
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Article84 2004-02-04 13 Reuters [WASHINGTON] A suspicious white powder found in a US Senate office building on Monday tested positive for the deadly poison ricin, US Capitol police chief Terrence Gainer said. Several preliminary tests confirmed that the substance discovered in a mail handling room was ricinReuters - 84 words
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128 2004-02-04 13 Reuters [NEW YORK] Planned job cuts in January were 26 per cent higher than in December due to increases in offshore outsourcing and to mergers and acquisitions that have made some positions redundant, global outplacement firm Challenger, Gray Christmas Inc, said yesterday.Reuters - 128 words
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Article80 2004-02-04 13 Bloomberg [TOKYO] NEC Corp, Japan's largest maker of cellular phones, agreed to sell its plasma-display panel business and part of its chip operations in two separate transactions, accelerating a move to focus on its most profitable businesses. Pioneer Corp said it will buy theBloomberg - 80 words
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Article, Illustration792 2004-02-04 14 WASHINGTON Critics say it doesn't go far enough to tackle severe spending problem AP BUDGET hawks from across the political spectrum attacked US President Bush's deficit reduction plan on Monday, saying it doesn't pack the punch needed to offset huge spending levels in defenceAP - 792 words
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306 2004-02-04 14 NEW YORK NYT CREDIT Suisse First Boston has agreed to pay fines of US$l7O,OOO and restitution of U*****,537 in connection with the way it handled the hectic first-day trading of a hot new offering in 1999, when the bull market was approaching itsNYT - 306 words
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Article, Illustration537 2004-02-04 15 COLUMBIA, South Carolina Momentum behind front-runner Kerry but polls give Edwards slim lead AFP, AP SOUTH Carolina was the focus of a seven-state election showdown yesterday, with pundits eyeing the possible emergence of a rival to Senator John Kerry's right to challenge forAFP,; AP; AFP - 537 words
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254 2004-02-04 15 NEW YORK Execution speed should, in some instances, take precedence Reuters THE US Securities and Exchange Commission's staff is recommending the agency modify the "best-price" rule, which requires that markets always get investors the best stock price even if it means goingReuters - 254 words
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Page 13 Advertisements
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Advertisement688 2004-02-04 13 To call 101 l free 1800 289 8822 Email: ■oticesOspfc.com.tji IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AMCOL PACIFIC INFRASTRUCTURE PTE LTD (In Creditors' Voluntary Winding-Up) SPECIAL RESOLUTIONS PASSED ON 27th DAY OF JANUARY 2004 At an Extraordinary General Meeting of the Company688 words
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Advertisement535 2004-02-04 13 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF IWZONE TECHNOLOGIES PTE. LTD. (In Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of IWZONE TECHNOLOGIES PTE. LTD. duly convened and held at 3791 lalan Bukit Merah #08-12 E-Centre#Redhill, Singapore *****1,535 words
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Advertisement760 2004-02-04 13 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF AUTO EXPERT PTE LTD (IN CREDITORS' VOLUNTARY WINDING UP) Al an Extraordinary General Meeting of the abovenamed Company duly convened and held at 141 Market Street AEC Centre Ixvel 10 Singapore *****4 on 28th January 2004760 words
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Advertisement114 2004-02-04 13 7 7 SMITH BARNEY SELECT SERIES Smith Barney Select Equity Dividend Portfolio '04 *;v v f f [Two attractive returns. "I One rewarding investment.! Enjoy potential capital growth and dividend income with Smith Barney Select Equity Dividend Portfolio '04 Capture potentially attractive returns on a resurging U.S. economy with a114 words
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Article4865 2004-02-04 14 i Transaction date: Feb 3 HONG KONG Vol HK Exchanges Clearing 19,35 045 6025 HKS '000 HKR Inf1 3.15 0.10 4499 H K and China Gas 12.55 unch 9464 Aeon Credit 5.30 unch 0 Hong Kong Electric 31.30 unch 3652 Aeon Stores 6.15 0.15 60 Hongkong Chinese 1.064,865 words
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Page 14 Advertisements
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Advertisement110 2004-02-04 14 Where to wine, dine and entertain... Tjjjij 5w4 valentine^ At $30 nett per person, you and your loved ones will get to enjoy a four-course dinner consisting of Appetizer, Soup, A Choice of Chicken or Salmon or Sirloin Steak as Main Course, Dessert and a Glass of Sparkling Wine. Plus110 words
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Advertisement59 2004-02-04 14 CMH€©€ Kefir Y€*R isbbbLßl IP J I H Vto A flj H||. Enjoy great food and wonderful ambience at Captain's Table. We offer a choice of traditional Chinese New Year menus to cater to all group sizes and budgets. ft v 23 Jan-5 Feb. v K* Available for lunch and59 words
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Advertisement95 2004-02-04 14 "East Meets West" Buffet Hi-tea Every Saturday, Sunday hvO J, Public Holiday at Caffc Vanda lIU 12.00pm -4.30pm Adult $14.80*+♦ Child Slo.oo+♦ (4-12yrs) V 3 Tea favourites Include Dim Sum, Satay, Laksa, Rofak, Chicken Pl* and moral Popular desserts Uke Chendot and Homemade NonyaKuey For parties of 25 or more,95 words
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Advertisement24 2004-02-04 14 JjL V i W- V 1 -g'-y \m s, wKr k Jlfepr c .■>; 1! ':/< <■ I III IU SIM SS TIMIS i f 4 (t (>24 words
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Advertisement37 2004-02-04 14 MERITUS MANDARIN SINGAPORE MULTI AWARD-WINNING MANDARIN CHICKEN RICE Come, savour Singapore's favourite dish and other delights anytime. Reservations: 6831 6291 Coffeehouse J MERITUS MANDARIN 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411. Fax: +65 6732 2361.37 words
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Article6611 2004-02-04 15 Transaction date: Feb 3 52-Wk Tol Last Vol Day Last Quote GrOtv Mv GrYld Nat MCap High Low Coda Company Solo fOOO) Wgfc low layar Salaf Cvr Pit Saw 69.5 39.5 5834 A-Sonic.. 46 -1 816 46.5 45.5 45.5 46 15.9 129.8 8 5300 ABNAmroNLG 56c 9 126,611 words
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Article65 2004-02-04 15 tm LM M otf imomm etc* M* oma m* rncm t— r»im s*» [-Mi; m+ L— —T» n«» cw wt tJ JOW not (On Oumondi US2060 Jt.ro tOJOO um ISDJUSTKh. ./SP«0 > ten itMsokon. ussss am ssftnoo usn/c «»«0 WTO SH» IAKW >M0 11 MO l»R 1W ur>65 words
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Article1800 2004-02-04 15 a» M UM Vd Oaf 11Q—li GriM* H* ATM MM ttCm u» Cad* mm Ml «<- P4M U» Vd*r C» Hi U 2( 75 4000 ABRMMgpSc 145 urxh 10 115 10 175 155 157 42 129 2101 APOilk m -05 M3 115 H 31 5 32 21 N251,800 words
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Article330 2004-02-04 15 »48h M LaM <M Of LMQWU GfOto Mr CrtW Ma WCm Ht# L» tm4m Cmmmr M» U- Will W I— I- t*r Cw Hf •II WOC AVMnmns A2Sc AIM <1 IS 181 tM Ml '82 40 8.8 5 5 69 38S6 6091 20c HK720 2t5 2.1 74 W(U330 words
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BT motoring
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238 2004-02-04 16 Samuel Ee - It is expected to debut in S'pore later this year By Samuel Ee FOLLOWING in the tracks of the Corolla Altis, Borneo Motors Singapore will soon be importing another bestselling Toyota model from Thailand, the Camry. t The Camry has been the most238 words
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Article, Illustration792 2004-02-04 16 Samuel Ee - Will the Sunny overtake Toyota's best-selling Corolla in 2004? Samuel Ee takes a look Samuel Ee A RELATIVE cost and product advantage could see Singapore's best-selling car overtaken this year by a runner-up that has been quietly advancing, say some in the motor industry. The Toyota Corolla792 words
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Article, Illustration93 2004-02-04 16 Samuel Ee - By Samuel Ee THE west-bound carriageway of the Braddell-Bishan flyover was opened yesterday three months after the east-bound section allowed motorists to leapfrog peak-hour congestion. Three years after work on the $21.8 million flyover began, cars travelling from the Central Expressway now have smootherPHOTO BY CHRIS LOH - 93 words
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Article891 2004-02-04 16 Transaction date: Feb 3 Hid mm WW Oam Omtgt Midi m O— Of» AHgrvon 50c 0J1 1.140 -0 010 NaBud SOc 0 36 2160 *0.010 CtptaUnd 1.18 1640 -0010 OCBC 817 ***** O2C0 Owt S»mCond He IM 17*0 0 020 Out 045 6900 -0100 City D«v 50c 275 6891 words
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Article702 2004-02-04 16 BONDS WARRANTS Td Last Vol Conv Ex«r "oSst Gear Code Company Sale -for- ('000) Ratio Price ing left 3698 ASTIW*****1 .41 -1 415 1 16 3 1.35 i 4 3697 Acma Ltd W*****6 0.5 unch 20 1 50 432 19.00 9 3602 Amtek W*****0 110 1 33 1 1.29 16702 words
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Page 16 Advertisements
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SHIPPING TIMES
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Article, Illustration623 2004-02-04 17 Donald Urquhart - Proximity to pirate hotspots in Indonesian waters likely reason for large number of attacks Reports by Donald Urquhart [SINGAPORE] The latest statistics pointing to a dramatic rise in global and regional piracy have also shown Singapore-flagged vessels to suffer the second highest number623 words
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Article, Illustration607 2004-02-04 17 Demand outpaced growth in shipping capacity last year Bloomberg [OSLO] Oil tanker owners such as Frontline Ltd and General Maritime Corp can be expected to report higher fourth-quarter profits after freight rates soared because of rising oil demand, transit delaysBloomberg; FILE PHOTO - 607 words
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Article306 2004-02-04 17 SGX '000 Feb3 St Vol CH Offshore 0.34 -0.01 3304 ChuanHup 0.48 -0.01 1138 Cosco Investment .0.79 0.04 28S86 CWT Distribution 0.55 unch 11 EzraHldgs 1.02 -0.02 145 Freight Links ...0.13 unch 483 68 Holdings 0.70 0.01 30 Jaya Holdings 0.87 -0 01 1774 K1 Venture .0.22 unch306 words
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249 2004-02-04 17 [SINGAPORE] Singapore has joined 98 other countries which have already acceded to an international convention aimed at ensuring appropriate action is taken against the perpetrators of crimes at sea. The Maritime and Port Authority (MPA) of Singapore said that Singapore acceded249 words
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169 2004-02-04 17 Reuters [HONG KONG] China-back-ed container leasing firm and port operator Cosco Pacific said that it expected throughput at its container terminals to rise more than 17 per cent this year after it added capacity. China's surging economy has fuelled explosive growth in itsReuters - 169 words
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Article, Illustration693 2004-02-04 18 David Hughes - STRAIT TALK By David Hughes WITH 92 seafarers and passengers confirmed killed or missing and presumed dead after pirate attacks, last year was an awful one. Nearly three times as many people were killed by pirates in 2003 as in the previous year. In any contextFILE PHOTO - 693 words
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Article200 2004-02-04 18 PAGE Alianca 5 Austral AL 5 Avant 6 Bank Line 4 B'tang Mas 5 BSA 4 BSC 6 BTL 6 Cargoways 6 CMACGM 3 COSCO 3 China Shpg 5 Confer 6 Crocodile Line ....4 CWT Globelink 4 Delmas 4 Dongnama 3 EP Carriers 6 ECL 3 Eng200 words
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Article11730 2004-02-04 23 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone Dest'n Name Name Number Number SIN Dest'n Name Name Number Number <• 16/02 22/02 PACC Cont OSS KOLKATA 013N 45-*****655 TO ABIDJAN (ABJ) 2003 Cot* D'lvolre 17/02 23/02 PACC Cont THOR LONE 014 65-*****65511,730 words
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SHIPS IN PORT
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Article572 2004-02-04 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL ANTREAS 01/04 J7/8 A/SIDE 04/02 150C BAYSWATER228 E4035 J3 A/SIDE 04/02 023C NICO 3 0302 J6 A/SIDE 04/02 063C NTHN DIGNITY 352-32 J18/19 A/SIDE 04/02 030C 5UMBER MAS 8 2180 J13 A/SIDE 04/02 100C BAYSWATER118 M4036 J3 04/02 0900572 words
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Article1525 2004-02-04 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES I Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Wmbr ALAMJAYA 2 8881N 8881N 1 07/02/2004-05:00 07/02/2004-13Q0 ALICAWT1A 392 888 1 06/02/2004-07:00 07/02/2004-23:00 ANPA 4029 4029 1 04/02/2004-10:00 04/02/2004-16:00 P01 APL BELGIUM 121E 121E 1 0402/2004-16:00 05/02/2004-09:00 B05 API1,525 words
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Article149 2004-02-04 25 Feb 5 Thailand: Makha Bucha Day. Feb 6 NZ: Waitangi Day. Feb 11 Japan: Nat Foundation Day. Feb 16 US: Washington Day. Thailand: Makha Bucha Day. US: Washington's Birthday. Feb 22 Brunei: Islamic New Year. Indonesia: Islamic New Year. Malaysia: Islamic New Year. Feb 23 Brunei: National Day.149 words
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Article807 2004-02-04 25 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual807 words
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Article536 2004-02-04 25 Carton J*" 22 tensity Water Residue AshAlumlnlum Sediment M/M K6/M«3 SV/V SM/M M/M mi mrtted ISO/Cimac Limits Spec £25 991 1.0 15.0 0.10 80 0.10 Spec C35 991 1.0 18.0 0.15 80 0.10 Northern Europe 180 Ave 980.4 0.1 11.7 0.04 20 0.02 180 Ma> 996.5536 words
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AIR & LAND transport
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Article, Illustration683 2004-02-04 26 But number of mothballed planes also hit record levels NYT [NEW YORK] Though air traffic continues to rise, the number of commercial airliners in storage in December reached record levels, according to estimates by Speed News, the weekly aviation industry newsletter. ANYT; REUTERS - 683 words
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Article, Illustration465 2004-02-04 26 They are against carrier's move to make retirees pay a greater share of medical benefits Reuters [CHICAGO] United Airlines flight attendants on Monday asked a bankruptcy court to investigate what they called the airline's "scheme to defraud thousands of retirees". United, aReuters - 465 words
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LOGBook
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Article80 2004-02-04 26 Reuters [MADRID] Spanish airline Iberia said on Monday it was expanding its code sharing deal with British Airways to add flights to Dubai and three Canadian cities, and within South Africa, to its routes. In return, British Airways will market Iberia flights between Barcelona andReuters - 80 words
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89 2004-02-04 26 Reuters [LONDON] British airports operator BAA Pic on Monday posted a one per cent rise in operating profit for the nine months to Dec 31 and said airlines' confidence and a solid economy would underpin strong passenger growth. The owner of London's Heathrow airport, theReuters - 89 words
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Article82 2004-02-04 26 Reuters [VIENNA] Austrian Airlines said Credit Suisse First Boston had sold a stake of under 5 per cent in the Austrian carrier, disposing of the last of a 10 per cent holding it once had. Austrian did not disclose the price for the sale,Reuters - 82 words
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Article, Illustration516 2004-02-04 26 Reuters [BRUSSELS] European Union regulators yesterday ordered low-cost carrier Ryanair to repay some of the subsidies it received for flying to Belgium's Charleroi regional airport. The Irish airline could face a repayment obligation of up to 4 million euros (SsB.4 million) to Charleroi,Reuters; REUTERS - 516 words
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Article184 2004-02-04 26 Bloomberg [BANGKOK] Thai Air Asia Co started commercial flights yesterday without incident or seat cancellations a day after the budget carrier's first demonstration flight for the media was aborted because of an indicator malfunction. "We received 40 to 50 calls from passengers but luckily there wasBloomberg - 184 words
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Article2047 2004-02-04 26 CITY FlIGHT ETA FLIGHT ETD AlllaHl M7381 *40 LH9770 2255 t U *2 **> OF81 1840 $0229 2255 1755 $0436 2030 LH977I 1855 M> OHM BOO SM30 W55 taM S0403 0710 0(349 0010 Amsttrdam KL837 1535 KL838 2330 EM04 1350 EM05 0220 Auckland EK405 0105 EM042,047 words
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Page 17 Advertisements
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Advertisement129 2004-02-04 17 ANNOUNCEMENT SOC SHIPMENTS TO AND FROM CALCUTTA Members of the Calcutta Feeder Operators (CALFO) Forum met recently in Singapore and reviewed the exorbitant cost structure of Calcutta Port Trust vessel operations. Despite some pilotage concessions (which will only assist vessels forced by draft restrictions to lighten their loads by performing129 words
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Advertisement89 2004-02-04 17 Ryanair loses dogfigit wfthrEU D4/wluoe v BACKPAtf United's flight attendants cry foul BACKPAGE <* If.— Chua Chor Teck Memorial Lecture 18th Annual Lecture "LNG Challenges and Prospects" by Tan Sri Dato' Mohd Hassan Marican President CEO, PETRONAS jon Wednesday, 4 February 2004 at 6.00 pm at MLTI of the Singapore89 words
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Page 18 Advertisements
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Advertisement865 2004-02-04 18 i TO USA/CANADA I I EXPORT I I OTHER DESTINATIONS I [VBSIL |vOY FKG LONGIEAOI| DALLAS [HOUSTON[MEMPHIS [CHICAGO| NEW YORK~|| TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) PM NEDUOYD HOUTMAN 20E06 03/02 04/02 I 20/02 24/W 27/02 25/02 25/02 28/02 VOY I ETA SIN I KG I —ful —5T1 —SrTI —MEL AM865 words
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Advertisement516 2004-02-04 18 Lines services represented by Shipping Agrt. L °9""" Singapore Shipping AMoridion 1 ULY UNI MAU" /vESSB VOY ETA ETA HA A P. KLAWG SPOKE WUU Mold Star 545 08/02 10/02 19/02 Mold Corner 745 18/02 20/02 29/02 Princess lily 0204 29/02 02/03 11/03 ULY MARINE SERVICES PTE LTD 1 NORTH516 words
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Page 19 Advertisements
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Advertisement859 2004-02-04 19 MOl Combines a range of shipping modes to ensure timely, reliable services covering major ports in Norm America, Europe, Japan, Asia, Africa Oceania. Also accept Intro-Asia Cargoes to: BUSAN KWANGYANG SHANGHAI YANTIAN XIAMEN QMGOAO KLAWAN JAKARTA SURABAYA 1 KAOHSUMC BANGKOK lAIM CHABANO HOCHWUNH PASW GUDAM6 PEMAHG PORT KHAHG For Schedules,859 words
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Advertisement2707 2004-02-04 19 MONTHLY CONTAINERISED SERVICE TO SOUTH PACIFIC ISLAND 01 GOKRAI AGENTS M SINGAPORE: 10 ROMNSON RD *12-00 SAUS/RKGS Til: *****857/43 FAX: *****321 /24 I SUVA LAUTOKA (FIJI) fACTAR CHIPPING PTE LTD SINGAPORE *****8 OUTWARD (i/u M205«02 *****325/75 I «g~ Sag I PAPEETE (TAHITI) JOHOR'S OFFICE: CONVENTIONAL *****850 *****200 I COSTAR AGENCIES2,707 words
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Page 20 Advertisements
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Advertisement867 2004-02-04 20 ef% CI ||AA ENQUIRIES/BOOKINGS: *****344 FAX: *****433 E-MAIL: <MmM9cMmas.com.sg UCLIVI Ap DOCUMENTATIONS/OPE RATIONS: *****037 FAX: *****177 HUMS WIS? WNU DNSS COHTIiW BIVW TO HWN/N6T NHQ IVESStI IVOY I SIN REUNKMIUANDA KHNTE NOIRE HAATADI LIIRtVILU iAIIPJAWI TIMA 1 10WIIMON jCOTOWOU tftf« POUAIA IOHNI Scodo 007W 04/02 18/02 16/03 04/03 14/03 08/03867 words
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Advertisement2115 2004-02-04 20 WAN HAI MTERNATIONAL PTE LID a NOt 146i5i*****/R ...iM T8z*****588 (14IMS) FAX:*****163 VAN WAN II A I I INF\ S«rvkf/loofcfa|s Hrad Um (1800) *****200 IwWMII MMI UllhJ HO TIL (03) SMMM MX: (03) *****311W IB: IM) *****00 HUL M)77Htf4 V* JOHIH;(#7)2SIWDBUtID7J2Jimi SUM WL (031) 3W547S fAX: H3l) 5W7714/ *****0S .......biliui..2,115 words
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Page 21 Advertisements
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Advertisement1363 2004-02-04 21 I VESSEL VOY KHH HKO SIM PKI DXB BAB IDMM BIK IRAN TEHRAN PCL3SO 29/01 30/01 02/02 03/02 11/02 12/02 17/02 19/02 SEA NAVIGATOR PCLBO2I SKIP SKIP 10/02 11/02 19/02 20/02 2S/02 27/02 CAPE FRIO PCLBO22 SKIP SKIP 14/02 15/02 23/02 24/02 01/03 03/03 IRAN SATTARI PCLBO23 SKIP SKIP 25/021,363 words
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Advertisement705 2004-02-04 21 UK CONTINENT SERVICE Loading tar ASIRAT RTM/ATW/BMN/UK/NAN GREVENO RTM/ATW/BMN/UK/NAN Loads Singapore, EVW. Malaysia, Indonesia MIDDLE-EAST SERVICE Loading for' VTC STAR DBl/ABU/DOH/BRN/DMM/KWT J SAFE DBl/ABU/DOH/BRN/DMM/KWT TINA II DBl/ABU/DOH/BRN/DMM/KWT 'Loads Singapore, E7W. Malaysia, Indonesia USA SERVICE Loading for AVENTICUM CAM/NFK/SAV/NOL MALLIKA NAREE VCW/LAX/MZL 'Loads EVW Malaysia, Indonesia F.E./S.E.A. SERVICES S pore Loading705 words
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Advertisement862 2004-02-04 21 vtssn VBI SIN KU Jffisa ¥01 iM XI PAC IANDA 1132W 28/01 W/01 PA<«tW tlfiJZ 31/01 PACIANDA *****! 29/01 30/01 4IIMUTI7 SttJ 01/82 PAC IANDA U34N 31/01 01/02 BUM EU3I 05/02 VIM PAC lANDA LLJSN 02/02 02/02 *LAMJAYA2 IM2 01/07 10/02 p*c ianda im sim 03/02 H^^HFTrnvnTßiViEfNl^^^H PAC lANDA 1137N862 words
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Page 22 Advertisements
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Advertisement577 2004-02-04 22 BTfflTHl TIGER PEARL 158N 10-11/02 18-19/07 24-25/02 ■mIMMI TIGER BRIDGE 159N 14 15/02 21 22/02 28-29/02 TIGER SHARK HON 17 18/02 25-26/02 02-03/03 TIGER SKY 1615 20-20/02 DRY DOCKING I TO BE ADVISED 161N 21-22/02 28-29/02 06-07/03 »n?[tnTn:«KRiPA 1?? nsoA/n? n-i.vn? 7i-99/n? ■MHIRMiTIGER SPIRIT 081 08-08/02 15-17/02 25-26/02 HUiamHj BALSAM577 words
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Advertisement1073 2004-02-04 22 FREIGHT LINKS EXPRESS PTB,LT»>. Freight Links Express Logisticentre, Singapore *****3 LCL SERVICE TO JAPAN/INDONESIA/PHILIP^INES/CANADA OSAKA KOBE JAKARTA VANCOUVER YOKOHAMA NAOOYA CEBU TORONTO SURABAYA MANILA MONTREAL Booking 6267# 5565/4694/5535/5580/5541 /5508/5569/5560/5563/5514 PROJECT HEAVY LI FT CARGO ILIRKPIIB (CONVENTIONAL RORO) Lawrence Lim 6267 5555, H/P: 9749 1977 lawrence@flesin.com.sg Adrian Chia 6267 5576, H/P:1,073 words
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Advertisement1492 2004-02-04 22 lib IPDZ LINES S m Sjss-"wb» CUSTOMS) SHVKfc TO: 6221-5596 FAX; *****190 SIMGAPORI: TOHG XX) SHIPPING PTI LTD Un* ketogs®fjs.t<*. S KECUUUt CONTAINERISCO SEKVKES 10 MALAYSIA, BRUNEI, MYAIUUB AN» VIETNAM Inssu ror n*sin kch msn ror msw sibu nssti ror mm ma vttsii m msm lUHGA MASS 4009 05/02 07/021,492 words
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Advertisement187 2004-02-04 22 gn^lZ[JJJWjj|J]j«lWjß BREAKBULK A CONVENTIONAL SERVICE DIRECT SERVICE FROM STORE TO KARACHI ivgsn voyage etaswGAfoti n*mAoi~l fad I 020HW 25/02/04 05/03/04 I IQwipuf I TU 20/03/04 30/03/04 SEA-PAC MANAGEMENT PTE. LTD. 70 Onion Hood *17-07/08 Apex Tow«r, Singapore *****5 Telephone: 6270 0977 Facsimile: 6273 2309 Telex: RS ***** SEAPAC DIRECT SIN187 words
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Page 25 Miscellaneous
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Miscellaneous121 2004-02-04 25 SHSEKHEBBKHHSES3HKSS^Si I2Oe g REGIONAL WEATHER |5f Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols Showers Full circle w/o line indicates calm or light and variable winds Rain One half fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots Hazy A -One solid triangle represents 50121 words
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Advertisement93 2004-02-04 26 Igfc, Australian Maritime College Australia's National Institute for Maritime Education, Training and Research you seek strong industry recognition maritime-related businesses, there's no place to upgrade your qualifications. Maritime Management *12 essential MBA subjects with strong maritime focus Suitable for Degree, Master Class 1 or Engineer Class 1 holders BBus in93 words
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