The Business Times, 25 March 2004

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

Total Pages: 25
1 25 The Business Times
  • 16 1 THE BUSINESS TIMES MITA (P) 023/03/2004 I Internet: http://business-times.asial.com.sg SINGAPOR E THURSDAY, MARCH 25, 2004 857
    16 words
  • 586 1  -  BT exclusive A global trend is inducing totally new uses for port land By Beth Jinks [SINGAPORE] PSA Corp's Tanjong Pagar terminals could well be the next central business district or even a prime waterfront housing project after the New Downtown is
    586 words
  • 76 1 Dsn 1,835.29 (+16.88) ST INDEX FUTURES 1,836.00 (+16.00) SIMSCI 222.78 (+2.50) SIMSCI FUTURES 222.80 (+2.50) Wednesday Change KLSE COMP 895J11 -256 NIKKEI 225 11,364.99 +83.90 HANG SENG 12,678.13 +89.77 SET INDEX 677.61 -1.61 JAKARTA COMP 738.79 +2.35 MANILA COMP 1,389.87 -28.86 TAIPEI WPI 6,213.56 +40.67 SEOUL COMP 861.72 -4.45
    76 words
  • 74 1 FOREX RATES us$ s$ USS (SS per CSS) 1.689 £(l SS/SS per 1.846 3.118 El'RO(l'SS/SS/E). 1.230 2.(176 YEN 106.7 63.20 RM 3.800 2.250 HK$ 7.795 4.616 BAHT 3949 23.38 Rl'PIAH 8,578 5.080 RENMINBI 8.299 4.915 INDIAN R1PEE 44.77 26.51 AS 1.33 0.788 NZS 1.521 0.901 PRIME RATES SINGAPORE 5.25
    74 words
  • 541 1  -  Survey sees 3% salary hike in S'pore this year By Chuang Peck Ming [SINGAPORE] Singapore along with Hong Kong and Japan ranks among the lowest in the Asia-Pacific region when it comes to pay rise this year, but it
    Source: HRBS  -  541 words
  • 769 1  -  BT exclusive Some see it as sign that Temasek is not ready to cut stake By Siow Li Sen [SINGAPORE] S Dhanabalan will stay on as chairman of DBS Group Holdings and will be seeking re-election for a third term at
    769 words
  • Page 1 Advertisements
    • 2 1 8! 11
      2 words
    • 80 1 Singapore Business Awards This year's award winners talk to BT about what it took to get to the top spot. A special 2G?a§9 supplement with Mff >■■■■ n .Viiii vi Tomorrow B V LC A R I li|r >■ i« J Mi V,- .'>&' Jr .111/ .i|« < M *****1111
      80 words
    • 62 1 INSIDE COMPANIES Heshe chief Tay Swee Sze quits— just 3 months into his new job. Pg5 PROPERTY Landlords still need to keep rentals competltiye Pg8 More departures from Suntec City office towers? Pg9 BLUE CHIPS Noble Group right up there with the big boys P*7 SHIPPING TIMES Australia warns Pacific
      62 words

  • NEXT page
    • 583 2  -  COMMENTARY Given that many of the unsold flats are unpopular, the board should also ease the ethnic quotas, says Andrea Tan Andrea Tan MINISTER of State for National Development Vivian Balakrishnan gave an assurance two years ago that some 17,500 unsold HBD flats
      583 words
    • 518 2  -  US, European and Asian service industries want barriers removed From Ravi Kanth in Geneva GLOBAL service industry associations have assured India at the World Trade Organization (WTO) that they will lobby hard to remove protectionist barriers against outsourcing of tech jobs to India,
      APF photo  -  518 words
    • 81 2 IN "Architects 61 co-found-er heads for China" (BT, Feb 4), we named Yang Soo Suan and Tay Lee Soon as co-founders of the company. It has since been brought to our notice that Alex Foo Kee Fong was also a founder of Architects 61. And in yesterday's
      81 words
    • 396 2 Productivity gains, weak economies take away far more AP [DENVER] The US hightech industry, under fire for moving software jobs to India, China and other developing countries, is launching a counterattack. In a report released yesterday, the American Electronics Association says offshore
      AP  -  396 words
    • ON THE grapevine
      • 228 2 IT'S not often that Bollywood is relegated to the sidelines. But then, it's been up against cricket. The current nerve-fraying series between arch-rivals India and Pakistan may be firing up fans on both sides of the border, but for Bollywood it has ushered in a cinema
        228 words
      • 144 2 COMPETITION for the newspaper advertising dollar can be deadly. A South Korean court ruled yesterday that a newspaper advertising boss who died after years of excessive drinking was compelled to drink as part of his job, making his family eligible for compensation. The man, identified only
        144 words
  • Page 2 Advertisements
    • 230 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 10 ARRANGE A FREE CONSULTATION CONTACT: SimomeToh T:-»*****5 3382 F: +65 6535 3991 E: singapore9ocra.com.sg 24 Raffles
      230 words

  • SINGAPORE companies
    • 696 3  -  But some analysts see it as one-off slide due to poor timing By Serena Ng WAS it a hiccup due to unfortunate timing or a harbinger of the end of IPO fever in the Singapore stock market? Yesterday, China-based apple juice
      696 words
    • 676 3  -  HOCK lock siew r sivanithy LOCAL regulators who oversee the unit trust industry must be keenly interested in recent developments in the US, where drastic legislation is being looked at following scandals that have rocked the mutual fund industry there. In response to
      676 words
    • 457 4  -  Stronger growth track seen for OCBC; Bank NISP shares soar 20% By Joyce Koh NEWS of OCBC's purchase of a 22.5 per cent stake in Indonesia's PT Bank NISP drew applause from Singapore market watchers yesterday, with most seeing it as
      Source: Bloomberg  -  457 words
    • 190 4  -  By Wong Wei Kong GLOBAL container transport provider APL, a unit of Neptune Orient Lines (NOL), is increasing its direct presence in Russia and the Commonwealth of Independent States (CIS). APL has formed APL CIS, a wholly owned Russian entity that will handle all the
      190 words
    • 194 4  -  By Angela Tan SINGAPORE Telecommunications has appointed Australian Graham Bradley, 55, to its board. Mr Bradley will be the second Australian director after John Morschel, who was appointed in September 2001. With Mr Bradley's appointment, SingTel's board led by chairman Chumpol NaLamlieng from
      194 words
    • COMPANYBriefs
      • 63 4 THE chairman of mainboard-listed Hong Leong Finance, Kwek Leng Beng, received between $1.5 million and $1.75 million in remuneration last year, according to the company's 2003 annual report. The bulk of the payment 86 per cent—was evenly split between base salary and variable bonuses/allowances.
        63 words
      • 51 4 SESDAQ-LISTED semiconductor manufacturer Asti Holdings has incorporated a wholly owned subsidiary in Thailand. The company, Telford Service (Thailand), will provide tape and reel packaging as well as device programming services for IC devices. Asti's subsidiary will have a paid-up capital of 12.8 million baht (about 550.55
        51 words
      • 41 4 MAINBOARD-LISTED Singapore Technologies Engineering has named Francis Heng as its new chief financial officer, the appointment to take effect from June 21. Mr Heng, 44 and a Singaporean, is currently the CFO of Hongkong Land Holdings.
        41 words
      • 62 4 UNITED Overseas Bank has purchased 184,635 shares, or a 0.18 per cent stake, in Far Eastern Bank (FEB), raising its stake to 77.14 per cent. The additional stake costs about $225,200 and based on FEB's audited balance sheet as at Dec 31,2002 the
        62 words
      • 75 4 IN response to the Singapore Exchange's query on the trading activity of its shares and warrants, Sesdaq-listed KLW Holdings said yesterday that it was "exploring the possibility" of listing its subsidiary Barang Barang in Singapore. KLW said the proposed listing is at a preliminary stage
        75 words
      • 72 4 SESDAQ-LISTED Hiap Moh Corporation yesterday said that Gracefleld Investment (GI) has entered into two agreements to purchase a total of around 5.5 million shares or a stake of about 13.09 per cent in Hiap Moh. The transactions, at 34.5 cents a share, will be
        72 words
    • 530 5  -  Tay Swee Sze says PAB ruled he could not be CEO and public accountant By Joyce Koh BARELY three months after Heshe's new chief executive came on board to rescue the beleaguered company, Tay Swee Sze yesterday said he was stepping down
      FILE PHOTO  -  530 words
    • 325 5  -  US Federal Trade Commission not probing tie-up By Tang Weng Fai SINGAPORE'S ST Assembly Test Services Ltd (Stats) has cleared a key hurdle in its US$l.6 billion bid to acquire US rival ChipPac Inc. The mainboard-listed chip packager and tester said in a joint announcement
      325 words
    • 265 5  -  By Tang Weng Fai IN an update on its technology tie-up with US technology giant IBM, Chartered Semiconductor Manufacturing said yesterday that the programme had progressed to using common software design tools and components to lower design costs for chip makers. The collaboration
      265 words
  • Page 3 Advertisements
    • 157 3 if£*V To achieve the smoothest ride ever, Mercedes-Benz asked its engineers to think inside the box. t i > *■'■'£> < ifctityrj. y k:*% 4 '?>* ».'-t *:-i 2jßt' I>i7 W A w M mm riffl MBKKKt/Kttw Introducing 7G-TRONIC, the world's first 7-speed automatic transmission. Once again, Mercedes-Benz has Available
      157 words

  • Page 4 Advertisements
    • 1115 4 MANDATORY UNCONDITIONAL CASH OFFER by «£BI Capital SBI E2-CAPITAL PTE LTD for and on behalf of TREASURE VALLEY INTERNATIONAL LIMITED (incorporated in the British Virgin Islands) to acquire all the issued ordinary shares of 550.05 each in the capital of CYBER VILLAGE HOLDINGS LIMITED (Incorporated in the Republic of Singapore)
      1,115 words
    • 1162 4 (b) G&l GXJ is the President of the Compelling Vision Group in Hong Kong, which is primarily involved in the business of investing in IT-related companies. He is responsible for overseeing the project development matters in relation to the investments of the Compelling Vision Group. GXJ is also the founder
      1,162 words
    • 856 4 11. Qfftr Pocumnfl The formal offer document setting out the terms and conditions of the Offer and enclosing a Form of Acceptance and Authorisation and/or a Form of Acceptance and Transfer will be despatched to holders of Offer Shares not earlier than 14 days and not later than 21 days
      856 words

  • Page 5 Advertisements
    • 20 5 wmmmmmmmmmmmmmmmmmwmmmmmmmmmmmm XP. jSH CJJelling your car? Call our C.A.T.S. hotline ca.t.s. at 1800-289-9988. Buy It. Sell It. Find It. 5
      20 words
    • 253 5 Introducing another morning service from Singapore to Bangkok (direct) $228* mfr'' f I S^3LJ Flight No. Departs Arrives Singapore Bangkok TG 422 0745 0905 At THAI we go to great lengths to provide the best for you. With our Departs Arrives network expansion into Asia and Europe, we are introducing
      253 words

  • SINGAPORE markets
    • 703 6  -  Compiled by VEN SHEENIVASAN OCBC Bank Hardi 24 doring $11.90 OCBC has agreed to buy a 22.5 per cent stake in Indonesia's PT Bank NISP for $119 million. NISP is ranked the 12th largest Indonesian bank by assets and has a network of 135 branches and offices and
      703 words
    • 284 6  -  HOT STOCK WARRANT By Ven Sreenivasan KEPPEL Corp has had a good run in the last four months, with the stock gaining 35 per cent since mid-November 2003. Yesterday, it rose 10 cents to $7.20 after some 1.6 million units changed hands. Given
      Source: Bloomberg  -  284 words
    • 551 6  -  BT comment STOCKS r. sivanithy T HANKS to a decent rebound in the banking sector yesterday, the Straits Times Index continued to recuperate from Monday's battering. But its 16.88-point rise to 1,835.29 with 10 points coming from gains in DBS and OCBC
      551 words
    • 584 6  -  BT comment CURRENCIES larry wee THE Japanese yen again led the charge higher against the US dollar yesterday, after US ratings agency Standard and Poor's upgraded its outlook for Japan from negative to stable. In morning trade, the US unit held
      Source: Reuters  -  584 words
    • TRADES TO WATCH
      • 95 6 LESS than a week after exercising his options, the managing director of Ace Dynamics, Lim How Boon, on March 23 sold 612,000 shares on the open market at 21 cents apiece. Mr Lim had on March 17 converted 612,000 options into shares
        95 words
      • 65 6 SAM Goi's Tee Yih Jia Food Manufacturing has further raised its stake in Thai Village Holdings to 17.39 per cent, or 29.2 million shares, from 17.13 per cent previously. This followed an open market purchase of 434,000 shares on March 23. Shares
        Source: Bloomberg  -  65 words
      • 73 6 AN independent director of Goodpack, Wong Weng Foo, bought 100,000 shares of the packaging specialist on March 23 on the open market. Mr Wong acquired 10,000 shares at 99.5 cents each and 90,000 shares at $1 apiece. These purchases raised his direct stake in Goodpack to
        73 words
      • 88 6 ONE of KLW Holdings' non-executive directors, Lee Choon Tai, on March 23 sold 100,000 warrants on the open market at six cents apiece. According to the company's filing, the warrants are exercisable between June 25,2003 and June 26,2006 at an exercise price of 4.5 cents. Mr
        88 words
      • 70 6  -  Compiled by SERENA NG A DIRECTOR of three subsidiaries of Cosco Corporation (Singapore), Lau Yew Choong, on March 22 bought 50,000 shares of Cosco from the open market at 98.5 cents apiece. This raised his direct shareholding in the mainboard-listed shipping group to
        70 words
    • Article, Illustration
      413 6 OTHER SINGAPORE INDICES Mar 24 VALUE CLOSE BTOB/OS -340.00 J-3100 BTCAM -*****.00 -18.00 BT 10-day MA -*****.00 -34.00 Afl-SGEquities 496.07 +3.28 SG Equfttes Ehct 172.37 +0.67 S6 Equities Fin 1488.29 +18.24 SG Equities Prop 452.42 +2.36 smsa 222.78 +2.50 SMSCI Futures 222.80 +2.50 Stock* Volume NewLakeside 5c 50,016,OCX) ChinaAvOil 5c
      413 words

  • BLUEchips
    • 1064 7  -  It's attracting a following as investors realise they get a major play on the global commodities cycle, says WONG WEI KONG WONG WEI KONG IT is now right up there with the big boys on the Singapore Exchange (SGX). For what used to
      Source: Bloomberg  -  1,064 words
  • Page 7 Advertisements
    • 297 7 iJi J* S"\, N v X'\ ,/!> v 'v. s tGSiI DBS Points forever. Earn KrisFlyer miles twice as fast. The DBS Black Card is indeed doubly rewarding It gives you double rewards at Club 21 plus a world of other exclusive privileges It is also the only card to
      297 words

  • EXECUTIVE suite
    • 198 8 HOTEL Grand Central has sold a New Zealand hotel for NZ$l.9 million (Ss2.l million), making a gain of NZ579,000 in the process. The company said yesterday that a deposit of NZ$lOO,OOO for The Chancellor Dunedin has been paid. The buyer, CP Holdings, will pay
      198 words
    • 563 8  -  Office oversupply lingers despite end in prime-rental slide in Q1 By Andrea Tan PRIME office rents may have stabilised in the first quarter, but it's not all good news for landlords as capital values remain under pressure pending the listing of Singapore's first
      FILE PHOTO  -  563 words
    • 485 8  -  By Vince Chong PRIME suburban retail landlords have most to cheer about this quarter, as consultants report relatively higher lease hikes in this segment. Meanwhile, rents for space in the premier shopping belt of Orchard Road stayed firm as expected, with consultants
      Source: URA  -  485 words
  • Page 8 Advertisements
    • 271 8 Lianhe Zaobao I I I I I I I Luxury Residential Site For Sale, Angullia Park 77 Wvsss/JZZ I 3 minutes walk to SV% Orchard Road eBI Approx. 29,0785qft S Plot ratio 2.8 Height control up to 36 store V s Freehold CBRE Tel: 6224 8181 cb richard ellis Where
      271 words
    • 185 8 Euro-Asian Buffet Lunch Dinner Indulge In the best of two culinary worlds as we bring you the best of international cuisine. Highlights include Roti Prata from Singapore, Sashimi and Callfbrnlan Hand Rolls from Japan, Fresh Oysters, Soft-shelled Crabs. Braised Oxtail from Europe and lots more. Monday to Sunday (except Saturday)
      185 words

  • SINGAPORE markets
    • 675 9  -  Tenants Microsoft and UBS said to be eyeing alternative locations By Kalpana Rashiwala SUNTEC City, which recently lost one of its oldest tenants, Fuji Xerox, could see more departures by technology bigwigs and other MNCs, industry sources suggest. And this may dent Suntec's
      FILE PHOTO  -  675 words
    • 317 9  -  By Amit Roy Choudhury FOUR prominent infocomm trade shows will be merged to form the Infocomm Media Business Exchange (imbX) which will be held from June 14 to 18. The five-day show is expected to inject more than $180 million into the Singapore economy
      317 words
    • 475 9  -  It is first to capitalise on last month's easing of government's credit rules By Siow Li Sen MAYBANK has started offering education loans of up to six months of income for working adults, the first bank to take advantage of the relaxed rules on study
      475 words
    • 626 10  -  EYE on the economy gdp Contrarian P K Basu expects expansion of 6-7% in H1, 2-3% in H2 By Anna Teo DECLARING the "consensus optimism" about Singapore's 2004 growth prospects overdone, economist P K Basu sees the economy growing just 4 per cent this
      626 words
    • 312 10 AIRASIA has appointed Credit Suisse First Boston (CSFB) and Malaysia's RHB Sakura Merchant Bankers (RHB) as bookrunners for its coming initial public offer. The Malaysian low-cost carrier, which made a profit of about RM4I million (5518.2 million) in its half-year to December, is expected to
      312 words
  • Page 9 Advertisements
    • 74 9 Luminor Marina 44 mm Hand-wound mechanical Polished steel PAN ERAI www.panerai.com WHERE IDEAS COME TO LIFE. For enquiries: (65) 6734 4986 The historical and contemporary offici n e panerai collections can be seen at the following RETAILERS: SINGAPORE: CORTINA WATCH I RAFFLES CITY) SINCERE FINE WATCHES (LUCKY PLAZA fNc.ee Ann
      74 words

  • Article, Illustration
    1104 10 Transaction date: Mar 24 INTERBANK CROSS RATES A$ C$ Rmb Euro HK$ Ind Rs Buplah Yen Won RM WZS Prt Rs Peso S$ Rand Sfr MT$ Baht Pound US$ Australia 1.000 6.234 0.611 5.855 33.627 64.430 0.802 8.674 2.854 1.143 43.169 42.337 1.268 4.911 0.949 24.976 29.659 0.407 0.751
    1,104 words
  • 1605 10 SICOM FUTURES Mar 24 RUBBER Futures (Closing prices) RSS1 (S centsAg) Close Volume Opt* Month High Low Sett (tonnes) Interest Apr 04 227.00 T May 04 227.75 Jan 04 229.75 Jul/Sep 04 235.50 0ct/D« 04 237.50 Jan/Mar 05 239.50 KSS 3 (US cents/kg) Volume Ope* Month High Low Sett
    1,605 words

  • REGIONAL news
    • 408 11  -  BT exclusive ELECTION AFTERMATH Malaysia's sole casino group interested in Republic's maiden project: exec From Eddie Toh in Kuala Lumpur AS GENTING breathes easier following the crushing defeat of PAS in the general elections, it is turning its attention to Singapore's maiden casino project
      408 words
    • 600 11 KUALA LUMPUR BN must deliver or risk losing investors' faith BARISAN Nasional's win in Terengganu in Sunday's general election may open the state up for investments, but the new state government will have to prove it can deliver its campaign promises or risk losing
      REUTERS  -  600 words
    • NOTEBook
      • 123 11 Reuters [BEIJING] China's central bank will float interest rates on loans to banks, in what it called a "major step" towards a market-oriented rate system seen as crucial in putting the economy on a sounder footing. Starting today, the People's Bank of
        Reuters  -  123 words
      • 93 11 Bloomberg IJ AKAK l AJ FT Bank Negara Indonesia, the nation s second-biggest lender by assets, may post a 60 per cent decline in 2003 profit because of losses arising from a suspected loan fraud, a company official said in Jakarta. Profit may have
        Bloomberg  -  93 words
      • 79 11 Bloomberg [TOKYO] Taiwan and South Korea were put on a list of markets that are eligible for promotion to so-called developed status in FTSE Group's global stock benchmarks, the index provider said. Taiwan and South Korea, home to Asia's fifth- and sixth-largest stock markets
        Bloomberg  -  79 words
      • 55 11 Reuters [SHANGHAI] China's Blue Star has dropped a bid to take control of debt-laden South Korean auto maker Ssangyong Motor Co, a spokesman for the Beijing-based firm said yesterday. "We've abandoned it," spokeswoman Li Aiqingsaid. "There were just too many problems that we
        Reuters  -  55 words
      • 69 11 Bloomberg [JAKARTA] Indonesia plans to sell stakes in PT Tambang Batubara Bukit Asam, a state-controlled coal miner, and two other mining companies by the end of June to raise a combined 901.5 billion rupiah (*****.6 million), a government official said. "After the sale,
        Bloomberg  -  69 words
    • 463 12 TAIPEI KMT insists on immediate recount but govt wants laws amended first Bloomberg Reuters A DEADLOCK between Taiwan's ruling party and opponents demanding a recount of Saturday's elections could further roil the island's financial markets, warn analysts. So far though, foreign portfolio funds
      Bloomberg; Reuters; AFP  -  463 words
    • 197 12 SAN JOSE AP THE world's largest contract chip maker claims a China-based rival stole its trade secrets by hiring away employees and urging them to bring "presents" of proprietary information when coming to work at their new jobs, according to court documents. Taiwan Semiconductor
      AP  -  197 words
  • Page 11 Advertisements
    • 121 11 Standard Chartered Sevens Singapore 2004 THE LONG LUNCH AVMDOCHINE WATERFRONT STeSsSFi With ERIC RUSH (former Alt Block I Rugby Sevens Leptai)/ jjNPfe ESPN's ALANvmKtM and friends U: Fri, 2 Apr *****2pm to 4pm "d- F° r bookings, e-mail:longlunch@lndoChino.com.sg or call: 6323 1043 JS:LUIdBI or log on to dWBB »ninyn« Jm
      121 words
    • 204 11 OPnONETICS PROUDLY PRESENTS THE OPTIONS COURSE The Secret to High Profit-Low Risk Trading At this unique FREE SEMINAR, you will learn how it is possible to: Trade on the NASDAQ and U.S.A. stock Trade risking as little as $50 Find explosive trades in only 5 minutes a day Make money
      204 words

  • Page 12 Advertisements
    • 1396 12 ROWSLEY ROWSLEY LTD. (Incorporated in theßegygjigof Singapore on 31 December 1999) NOTICE OF ANNUAL GENERAL MEETING ~,-<»PW>! r wms** JL I 'Hunth IS'HPWgBf'OIVEN that the Fourth ftWiNNri General Meeting of the Company will be held at 11 Tampines Street 92, Singapore *****2 on Saturday, 10 April 2004 at 10.00 a.m.
      1,396 words
    • 22 12 I r H I ■p**. 1 II I I The 19th Singapore Business Awards Presentation Dinner Sit«aporeßusin fssAwards2oo4 Jointly organised by: TheßusinessTimes
      22 words

  • 6 13 Transaction date: Mar 24
    6 words
  • 5 13 Transaction date: Mar 24
    5 words
  • 850 13 Transaction date: Mar 24 SOtfc WW KB Owe Owji Stxt m Oaaa Change Allgreen 50c 0.33 1.100 +0.030 NOL 1.65 2.150 40.040 BIL Intl US20C 0.38 0.750 OCBC 841 11.900 +0.200 CapitaLand 120 1.650 -0.010 Parkway H 25c 0.57 1.120 *0.020 Chart SamtCond 26c 128 1550 *0 020 Peopled
    850 words
  • 706 13 BONDS WARRANTS Prcm Expiry Tel Last Vol Corn Exer Disc Gear- Mths Cod« Company Salt +or- OOP) Katio Price mg Left 3698 ASTIW*****1 38.5 1 16 -4 147 3 3697 Acma Ltd W*****6 .0.5 1 50 531 16.00 8 3602 Amtek W*****0 100 3.5 8 1 33 3 1.29 15
    706 words
  • Page 13 Advertisements
    • 27 13 MSb ff 8 Insiders'trades. Brokers'recommendations. Dividend table. H L SI I ,SS I LVIIjS ilf SSj H The pages also cover transactions by directors and substantial shareholders.
      27 words

  • Page 14 Advertisements
    • 1652 14 Notices INTERNET TECHNOLOGY GROUP LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting of the Company will be held at the Boardroom, No. 10 Changi South Lane, #07-01 OSSIA Building Singapore *****2 on 12 April 2004 at 9.30 a.m. to transact the following bustnessAS
      1,652 words
    • 665 14 In the Matter of Dm Companies AcT, Cap. 50 And In the Matter of RENOLITH RESOURCES (S) PTE LTD (In Voluntary liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the members of the obovenamed Company duly convened ond held on 9lh March 2004 the following resolutions were deemed
      665 words
    • 1544 14 VGO CORPORATION LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Boardroom, No. 10 Changi South Lane, #07-01 OSSIA Building, Singapore *****2 on 12 April 2004 at 10.00 a.m. to transact the following business:AS ORDINARY BUSINESS 1
      1,544 words
    • 346 14 IN THK MATTER OF THH COMPANIES ACT (CAP. 50) AND IN THE MATTER OF JOELLE INVESTMENT (PTE) LTD (IN LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant lo Section 308 of the Companies Act, Cap 50 that the Final Meeting of the Members of the abovenamed Company will
      346 words
    • 2742 14 L I IBS G K GOH HOLDINGS LIMITED I (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING I Notice is hereby given that the Fifteenth Annual General Meeting of G. K. Goh Holdings Limited will be held at G. K. Goh Investment Centre I 50 Raffles Race
      2,742 words

  • 7 15 I Transaction date: Mar 24
    7 words
  • 67 15 S-Wh M LM VM Oqr UMQMM S** Ofc «rtU M MCa NMi I— Ca+ ittm W- f—» M+ Um h|» Mb CV> Wt vJ MO iOBD Wtt DsjmortH iKOTK) 2120 >0000 SJfs B DJ US T«h— US3740cd. 6MSOS»wre. —US555 tm smkoo iraOTDcd- iuoo *se sim yo« umi/co <»
    67 words
  • 1879 15 S»4lk Ttf lat M Bay LMQrti GrQ*. Mr firVW IM HCm w»u»tKi riB>n» sa4» f) i— *f xa» cw r* w 36 75 5000 ABMHMpSc 165 ISJ Hi JI8 IS 7101 A?CXIV JDS taich 128 30.5 30S 305 11 5 «1 08 114 Ol 465 104 1501 ASAUlnlOc
    1,879 words
  • 326 15 M Lai tM Day UMQnte OVm 01* GfTW MM MCa> Um Gtdm Cttmrni, Htm w- r— M* I— —y X Or IH »■> )1* 100 600b *224 ureh 16 H4 223 223 22* SS 4.5 85 «2 I SOW C*h»Pac20t MK730 2B 2.1 74 t MM6J bOffi ChMlg
    326 words
  • WORLD news
    • 524 15  -  Market is sound and attractive valuations are emerging analysts From Andrew Marks in New York SURVEYING the fallout from a fourth consecutive session of losses on the New York Stock Exchange's "big board", Ralph Jensen, head trader at Naylor Securities, said:
      524 words
    • 387 15 NEW YORK Average forecast off by a wide margin Reuters WALL Street analysts once again failed to predict the blowout quarterly profits recently reported by investment banks, with actual earnings coming in well above the average forecast. In the past two weeks,
      Reuters  -  387 words
    • 496 16 BRUSSELS EC to appoint trustee to ensure software giant gives accurate info to rivals Reuters AP AFP MICROSOFT was slapped with a record fine yesterday for violating European Union antitrust law and ordered to take immediate steps to stop crushing software
      Reuters; AP; AFP  -  496 words
    • WORLDWatch
      • 86 16 AP [TOKYO] Seiko Epson Corp and Sanyo Electric Co said yesterday they would merge their liquid crystal display panel operations to counter stiff price competition and rising development costs. Seiko Epson—also known as Epson—will own 55 per cent of the joint venture the
        AP  -  86 words
      • 81 16 Reuters [LONDON] Tin prices broke above US$B,OOO a tonne for the first time since June 1990 on the London Metal Exchange (LME) yesterday, supported by declining metal stocks and rising demand, analysts said. Traders said tin had been lifted by steadier copper prices, with
        Reuters  -  81 words
      • 112 16 Reuters [NEW YORK] US consumer confidence inched higher in the latest week after hitting a 10-month low in the previous period, a report said on Tuesday. ABC News and Money Magazine said their weekly Consumer Comfort Index edged up to -21 in the week to
        Reuters  -  112 words
    • 241 16 LATEST US DATA AP [WASHINGTON] Factories saw demand for big-ticket goods rebound in February, good news for the US economic health and for manufacturers who have struggled to get their piece of the business recovery. The Commerce Department reported yesterday that orders for "durable"
      AP  -  241 words
    • 368 16  -  Move indicates recovery is gaining ground: analysts From Anthony Rowley in Tokyo JAPAN'S sovereign credit rating has not yet been restored by leading international agencies to above that of Zimbabwe but yesterday Standard Poor's (S&P) took a step in that direction by raising the rating outlook
      368 words

  • Page 16 Advertisements
    • 97 16 7?ave tax Our qualified professionals can assist you with offshore structures, shelf companies incorporations in ALL British Virgin islands Cayman islands Bahamas Mauritius Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection estate planning. For further information
      97 words
    • 119 16 USUAL NOW GOLDPFEIL Lady Coin/Credit Card Wallets 180 72 Man Credit Card Wallets 150 60 Business Leather Briefcases 1,050 390 Lady Handbags Less 70% Shopping Bags 39 6.30 OFFERMANN Man Credit Wallets 145 43 Manicure Set, Germany 150 45 Leather Briefcases Less 70% SHOES Moreschi 390 195 Rossette 370 185
      119 words
    • 1046 16 P COLEX HOLDINGS LIMITED Llpj (Incorporated in the Republic of Singapore) Icotod NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at The Conference Room, 541 Orchard Road #04-00 Liat Towers, Singapore *****1, on Thursday, 22 April 2004 at
      1,046 words
  • Page 16 Miscellaneous
    • 229 16 CRYPTIC CROSSWORD nience food in a heap (4) Ln chinery for a person prements will be made! (6) land construction (7) —LmJ ■■■nS shore (3,4) Ml 24 Troubles any son may cause 29 Pay attention or get the sack! (4,6) s 13 Keeping back outside right YESTERDAY'S SOLUTION ,7 a
      229 words

  • 46 17 UNIT TRUSTS FUNDS LEGEND: All prices are indicative except for ex Ringgit Assets; Broadly Diversified; Narowly Focused; Lower Risk; Low to Medium Risk; Medium to High Risk; Higher Risk; open-ended; Before subdivision of units; After subdivision of units; SP after stock split; N.A- Non Dealing Day
    46 words
  • BIZIT
    • 599 17  -  BT exclusive US software company tells Raju Chellam that its Oracle-On-Demand offering is its fastest growing business globally Rata Chellam US software giant Oracle Corp plans to aggressively push its outsourcing option in Singapore and the AsiaPacific region this year. Called Oracle-On-Demand, it has already signed
      599 words
    • 304 17  -  By Raju Chellam UP to 25 per cent of traditional IT jobs in many developed countries today will be situated in emerging markets by 2010, according to the latest study from Gartner Inc. The research house said increased activity in offshore outsourcing is one of the
      304 words
    • 343 17  -  By Amit Roy Choudhury NUTC Fair Price, Singapore's leading supermarket retailer, has integrated its separate backroom finance systems into a unified, state-of-the-art billing, accounts and cash management software platform with the help of Satyam Computer Services, a leading solutions provider, and Oracle Singapore, a wholly owned
      343 words
    • 202 17 Bloomberg GLOBAL chip sales may surge as much as 30 per cent this year on demand for semiconductors used in consumer electronics such as camera-equipped cell phones and digital cameras, technology market researcher Gartner Inc said. Intel Corp, the world's biggest
      Bloomberg  -  202 words
    • 581 17  -  IT comment INFOTECH Rights of users have been left out of debate tang weng fai US Federal Reserve chairman Alan Greenspan has another weight added to his load these days. Besides the usual worries about interest rates and jobless numbers, he's also
      581 words

  • SHIPPING TIMES
    • 505 18  -  ASIA PACIFIC MARITIME 2004 Ensnre timely upgrading to serve new generation ships: Cheow Tong By George Joseph [SINGAPORE] A booming Asia led by China and India would mean that the region needs to build up its port infrastructure fast enough to meet the
      505 words
    • 623 18  -  Academic blames it on push for cheaper manufacturing bases By Beth Jinks [SINGAPORE] The imbalance of containerised trade flows is set to worsen as global manufacturing becomes even more concentrated in Asia and seaborne cargo becomes cheaper, according to a top maritime economics academic.
      623 words
    • 295 18 Higher freight rates, oil prices may push earnings to US$2b: survey Reuters [COPENHAGEN] Denmark's shipping and oil group AP Moeller-Maersk is seen posting a 27 per cent rise in 2003 net profit before special items thanks to high freight rates and
      Reuters  -  295 words
    • 290 18 SGX '000 BUM SS W- Vol CH Offshore 036 0.01 4085 ChuanHup .0.52 -0.01 1210 Cosco Investment .0.98 -0.03 ***** CWT Distribution 0.55 0.01 8 Ezra Hldgs 1.09 -0.01 146 Freight LMcs J). 13 unch 380 GB Holdings 0.71 -0.01 35 Java Holdings 0.85 0.02 ***** K1 Venture
      290 words
    • 411 18 US$203m profit beats forecast as bookings, prices bounce back Reuters [MIAMI] Carnival CorpCarnival pic, the world's No 1 cruise group, reported better-than-expected quarterly earnings as bookings and prices bounced back from lows caused by Iraqi war fears in early 2003. The operator of the
      Reuters; AP  -  411 words
    • 636 19  -  NEWBUILDS By David Hughes THAT Mitsui OSK Lines (MOL) has ambitious plans has been common knowledge for some time. But last week the Japanese shipping group outlined investment plans that involve spending 1.16 trillion yen (US$lO.9 billion) on 243 new vessels by March 31, 2010.
      636 words
    • 62 19 [ANTWERP, Belgium] Sailors watch as a Greenpeace volunteer tries to climb onto the cargo ship, mv Greveno, as it approaches Antwerp Harbour in Belgium. The Greveno, suspected to be carrying timberfrom Indonesia's endangered forests, was delayed last week as two activists secured themselves to the ship's mast and
      AFP  -  62 words
    • 3 19
      3 words
    • 3 23 THEBUSINESSTIMES
      3 words
    • SHIPS IN PORT
      • 690 24 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL MMM ALICE 7 J5 A/SIDE 24/03 2300 PNSTAR 23C4P J2 A/SIDE 24/03 0030 SINAR BORNEO 02/04 J7 A/SIDE 24/03 1100 SINDORASERA 111/04 J16 A/SIDE 24/03 0630 UNICORN EXPR 51 J6 A/SIDE 24/03 2230 VL6 20/04 J12 A/SIDE 24/03 0800
        690 words
      • 2 24
        2 words
      • 146 24 Apr 4 HK: Ching M Fest. South Korea: Arbor Day. Taiwan: Ching M Fest. Apr 0 Thailand: Chakri Memorial Day, Apr 8 Norway: Maundy Thursday. Philippines: Maundy Thursday. Sweden: Maundy Thursday. Apr 0 Sweden: Good Friday. Singapore: Good Friday. Philippines: Day of Valor. Norway: Good Friday. NZ: Good
        146 words
      • 828 24 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 individual
        828 words
      • 86 24 U/F unfilterable This report is based on samples as analysed by ONV Petroleum Services and it an abstract frers their morua detailed fuel quality statistics which Is mailed to participating shipowners. Key bunker ports have been grouped in geographical regions for brevity. Comparison has been made
        86 words
    • AIR & LAND transport
      • Article, Illustration
        72 25 [COLOMBO] A fire truck spraying water on an Indian Jet Airways aircraft to welcome its inauguralflightfrom Madras to Colombo on Tuesday. Jet Airways became the second Indian private airline to fly on an international route after Air Sahara, which launched its maiden service to the Sri Lankan capital
        AP  -  72 words
      • 239 25 Bloomberg [ATLANTA] Delta Air Lines reduced 2003 cash compensation for Leo Mullin, who stepped down as chief executive officer at the end of the year, by 59 per cent to US$l.l7 million. Mr Mullin, whose 2002 pay was criticised by members of Congress
        Bloomberg  -  239 words
      • 563 25 Australia threatens to ban flights as it tries to ping security loopholes AFP [SYDNEY] Australia warned its Pacific island neighbours yesterday it may refuse landing rights to aircraft from countries with lax airport security amid fears they could be the next launching pad
        AFP  -  563 words
      • LOGBook
        • 69 25 AP [KUALA LUMPUR] Malaysia Airlines will double its non-stop services between Hong Kong and Kuala Lumpur to 14 times a week effective Sunday, reported Bernama. The state-controlled carrier said it will also increase its Boeing 737 flights to Hong Kong from Kota Kinabalu, Sabah, from four
          AP  -  69 words
        • 47 25 Reuters [NEW YORK] Dubai-based Emirates Airlines said this week it will begin service to and from the United States. The airline will launch daily non-stop service between New York and Dubai on June 1, it said in a statement. —Reuters
          Reuters  -  47 words
        • 115 25 Bloomberg [NEW DELHI] Indian Airlines, the nation's biggest airline by fleet, said it slashed fares on some routes by as much as 70 per cent to attract train travellers. Some flights between the southern cities of Bangalore and Hyderabad and to the western state of Goa
          Bloomberg  -  115 words
        • 90 25 AFP [BEIJING] Chinese airlines posted a combined loss of 2.7 billion yuan (Sss4B million) last year as travel ground to a halt for several weeks because of the Sars outbreak, state media reported yesterday. Last year's losses compared to a profit of3oo million yuan
          AFP  -  90 words
      • 317 25 Their summer peak season flights to US, China up by 3.4% Bloomberg [SEOUL] Korean Air Co and Asiana Airlines Inc will increase flights to China, the US and other overseas destinations by 3.4 per cent to meet increasing travel demand during the northern hemisphere summer.
        Bloomberg  -  317 words
      • 564 25 It will also expand fleet and open new routes to the Caribbean and Australia Bloomberg [LONDON] Virgin Atlantic Airways Ltd, controlled by UK billionaire Richard Branson, plans to recruit 1,400 workers this year, add two extra Airbus SAS A 340-600 planes to its fleet
        Bloomberg  -  564 words
      • 423 25 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), AI: Air India (AK), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), BI: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
        423 words
  • Page 18 Advertisements
    • 110 18 Virgin Atlantic to add 1,400 jobs Itn nSIS n g racmc island states told A— mm m m to ngmeti security V THE CLOCK BOUND THE WORLD SERVICE ROUND THE CLOCK ROUND THE WORLD SERVICE ROUND THE CLOCK UNDERWATER I p SHIPCARE PTE LTD I I (SINGAPORE) si $j| The
      110 words

  • Page 19 Advertisements
    • 643 19 IMPORT NORTH AMERICA [Ml AUSTRALIA/NEW ZEALAND I SUPER SHUTTLE EXPRESS (SSX) AUSTRALIA ASIA EXPRESS (AAX) i®? 5™ vtssfL vor hk sro Ma j m 1 «i T^STTTrw iOSMKOESEXmSS 03W,0 >0/03 «/03 3./B PIONEniOTDSOUnUMMOM «W, WaMM «IT 26/03 »/03 IwmaoTDi.omoow nwn liW I 1./Q4 W 1 UIUUIU< /u /n M/t> M/M
      643 words
    • 491 19 replied by #Mm beool*e m *r cl- >W| Association Xgn< y Singapore Snipping Association ULY UNE MAIE AVESSEL VOY ETA ETA HA A P. KLANC SPORE MALE Princess Lily 0204 30/03 08/04 Koto Tegap TGAO6I 05/04 15/04 Maid Star 547 13/04 15/04 25/04 ULY MARINE SERVICES PTE LTD 1 NORTH
      491 words

  • Page 20 Advertisements
    • 816 20 MOl Combines T a range of shipping modes to ensure timely, reliable services covering major j> ports in North America, Europe, Japan, Asia, Africa Oceania. Abo otapt Intro-Asia Corgon to: BUSAN KWAN6YANG SHANGHAI YANTUUK XIAMH QMGDAO IBAWAN JAKARTA/ SURAIAYA KAOHSUMG lAH6KOK LAIM (HWANG HOCHUHNH PASK GUDAMG PfltlHG POiT KIIANG For
      816 words
    • 1351 20 WEEKLY SAILINGS 2 I CANARYISLANDS lAS PALMAS GENERAL AGENTS IN SINGAPORE: 16 RAffltS OUAY #36-01 SALES/MGS TEL *****557/43 FAX: *****321/24 I ABBCMH COSTAR SHIPPING PTE LTD hong ieong wiimng outward (i/u *****102 *****325//s I O ARRECIFE niTimSgS!! S«a«MO4IHI INWARD(O/0) *****7 M *****319/49 I A TKMEDICK CR NO; **********0* TEL 6226
      1,351 words

  • Page 21 Advertisements
    • 739 21 I lUI A Q ENOUIRIES/BOOKINOS: *****344 FAX: *****433 E-MAIL: MnmtiMiiiM.COffl.ig W Cl Lb IWIHW DOCUMENTATIONS/OPERATIONS: *****637 FAX: *****177 BUMS CMMSnttM IMB FUUCOKTAMBI SttVKI TO WIST AfRKA vfa BJtOff jVtSStt VQY SINGAPORE PORTKELANG U HAVRE DAKAR lANJUL CONAKRY Hyundoi Confidant 307W 29/03 30/03 14/W 26/04 30/04 05/05 Hywidoi Hiahwa 349W 05/04
      739 words
    • 873 21 f HAI LJNES^ Tel: 6226 1588 Fax: *****183 i-. f V-'.;: V INTRODUCING:- NEWi WEEKLY EXPRESS SERVICE TO: 1 NHAVA SHEVA 1 CALLING SIN EV2&Y WEDNESDAY PUSAN SHANGHAI CALLING SIN EVERY FRIDAY i» jk,, 1 J *9" S For mora details, call HOTUNE: 8226 1588 1800-2081 r b NOJTTRANS SHIPPING
      873 words
    • 519 21 BSA iL MYANMA n FIVE STAR LINE (Myaimar National Line) Loading for Yangon VESSEL VOY SIN PKL PEN PGU PAGAN 327W SID HPA-AN 31SW SID IN MAUYSIA: lOUSTEAD SHIPPING AGENCIES KUL 03-*****300 PKL 03-*****101 PEN: 04-*****02 ACCEPTING CONVENTIONAL C6O VESSEL VOY HKG SIN PGU PKL KUC MARINE STAR 52 SLD
      519 words

  • Page 22 Advertisements
    • 1279 22 VESSII VOY KHH HKO SIN PKI DXB BAB DMM BIK VANCOUVER PCL3S6 SKIP 24/03 27/03 28/03 05/04 06/04 12/04 14/04 IRAN SHAHRYAR PCLBO3O SKIP SKIP 02/04 03/0S 11/05 12/05 18/05 20/05 IRAN SATTARI PCLBO26 SKIP SKIP 12/04 13/04 22/04 23/04 29/04 01/05 IRAN SHAHRYAR PCL 8032 SKIP SKIP 26/04 27/04
      1,279 words
    • 604 22 UK CONTINENT SERVICE Loading for PANORMOS PRIDE RTM/ATW/BMNAJK/NAN GLORIUS RTM/ATW/BMNAJK/NAN CENTAURUS RTM/ATW/BMN/UK/NAN Loads Singapore, E/W. Malaysia, Indonesia MIDDLE-EAST SERVICE Loading for RAVENNA DBl/DBU/DOH/BRN/DMM/KWT REGAR STAR ADN/HDD/JDH 'Loads Singapore, E7W. Malaysia, Indonesia USA SERVICE Loading for STELIOS B CAM/NOL/SAV/TPC NENA M CAM/NOL/NFK/SAV •Loads E/W. Malaysia, Indonesia F.E./S.E.A. SERVICES S pore Loading
      604 words
    • 750 22 YKMi VfiY SJH POU VESSEL XQI m JKT PAC lANOA M72N 24/03 25/03 PACSUUI tlMi 25/03 27/03 w »aw>a llzm 25/03 26/03 mamiiyh? sits am m/m PAC RAMPA 1174N 27/03 28/03 PIC MUM 1241 3IiU <»/M TAC PAMPA 1175N 29/03 29/03 ALAMiAYA 2 8890 04/04 06/04 mum lIM 30/03 30/03
      750 words


  • Page 24 Advertisements
    • 123 24 I FOR 7 AM 25 Mar 2004 Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols "v Showers O 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 x Hazy -One solid
      123 words