The Business Times, 22 December 1979
1979-12-22
1
16
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The Business Times
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Title Section11 1979-12-22 1 BUSINESS TIMES M.C.(P) No. 14«/1/7J SATURDAY. DECEMBER 22, 1971 50 CENTS11 words
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BRIEFLY...
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Article70 1979-12-22 1 Agencies KUALA LUMPUR, Fri. Approval of releases of stockpiled tin by the US Senate weakened the Straits tin price in Penang Msso per picul to US$2,lll, dealers said. This is the largest single day drop for the year. Sentiment was largely depressed by continued weakness on theAgencies - 70 words
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Article94 1979-12-22 1 AFP ALGIERS, Fri. The Algerian news agency today accused Saudi Oil Minister Sheikh Yamani of intransigence at the Opec summit in Caracas which ended in deadlock yesterday. The agency said consumer countries would soon have to pay about US$35 a barrel because Sheikh Yamani refused to agree toAFP - 94 words
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Article73 1979-12-22 1 Reuter BEIRUT, Fri. The Libyan authorities have cut off all formal contact with the Palestine Liberation Organisation in a worsening dispute between the guerrillas and Libyan leader Muammar Gaddafi, according to the PLO. The news agency Wafa, mouthpiece of the PLO, said this was part of aReuter - 73 words
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Article58 1979-12-22 1 AFP KUWAIT, Fri. China is planning to open diplomatic relations with Israel at ambassador level, the Kuwaiti newspaper A 1 Anbaa said today. Quoting diplomatic sources, the newspaper said Chinese Prime Minister Hua Kuo Feng met with representatives of Israeli Prime Minister Menachem Begin on this subjectAFP - 58 words
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Article61 1979-12-22 1 Reuter LONDON, Fri. The luxury London home of Richard Tarling, former chairman of the Haw Par group who is now serving a six month jail sentence in Singapore for concealing profits, was put up for sale yesterday. The house, valued at about U*****,000 is in the fashionable suburbReuter - 61 words
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Article83 1979-12-22 1 Finance Minister Hon Sui Sen said yesterday that the Currency Board has decided in the face of the current high price of silver to issue silver coins with a face value of $50 instead of the usual $10 coins. The new value for the coins, to be83 words
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Article68 1979-12-22 1 Mr Rohan bin Kamis will ask the Deputy Prime Minister and Minister for Education at the next session of Parliament if the University of Singapore will consider administering a two to three month intensive management course similar to the PMD and the AMP courses of Harvard68 words
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Article146 1979-12-22 1 Rises Kuchai 265 Syn Resins 190 H Negara 183 FAN 600 (J M Flour 218 Island A Pen 410 Supreme Corpn 185 Fusan 122 High A Low 446 K L Kepong 368 Times Pub 328 Hong Leong 282 Oriental HMgs 262 85 20 12 10 8 6146 words
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Article, Illustration143 1979-12-22 1 Rises Indices U.M.Flour 224 Lien Hoe 180 S. Trading 770 D.Baby 196 Malex 458 Gold Coin 229 Dunlop Est 416 Falls 16 10 10 08 +08 +06 +06 Dec 20 Dec 21 B.T.Index: 4538.77 4494.19 Industrials: 470.37 470.43 Finance: 679.02 678.21 Hotels: 305.09 305.29 Properties: 261.68 261.90 Tins:143 words
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Article673 1979-12-22 1 COLIN CHEE - EFFECT OF OIL PRICE RISE By COLIN CHEE SINGAPOREANS are ensured of a temporary respite from higher than expected cost of living because of the failure of the Opec meeting at Caracas to agree on uniform oil prices for member countries. For a few months Singaporeans673 words
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Article264 1979-12-22 1 Reuter THE Hongkong government is drafting legislation to merge Hongkong's four stock exchanges, Commissioner for Securities and Commodities Uisdein Mclnnes said. He said it was hoped the legislation could go before the executive and legislative councils in February or March of next year. Informed sourcesReuter - 264 words
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Article504 1979-12-22 1 SHAREHOLDERS of William Jacks and Co (Malaya) will be given a chance to vote approval for the transfer of domicile the company from Malaysia to Singapore. This will be the first time that shareholders' decisions will be used to seek transfer or domicile of a company.504 words
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Article300 1979-12-22 1 APPLICATIONS for grants under the Skills Development Fund are now open to organisations in Singapore that have come up with training schemes for their employees. Organisations eligible to apply for grants are private sector companies, trade unions, employers' organisations and public sector bodies. But grants from the funds300 words
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Article, Illustration205 1979-12-22 1 PERN A3, the Malaysian state cerperattoa, has flaally mmged U pat Its repreaeatatlve m the bsard sf Stme Darby Bhd. Peraas to believed to held mere thaa per eeat ef State's Interests to ptoatattoaa. Slme Chalrmaa Taa Taa Stow Sin yesterday —Mi the appelatmeat «f205 words
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457 1979-12-22 1 LINDA TAN - By LINDA TAN THE Law Society has proposed stringent guidelines to check misappropriation of client's money by lawyers. The recommendations, submitted to the Government in October this year, spell out the role of the accountant in greater detail than do the Accountants' Report Rules457 words
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Page 1 Advertisements
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Advertisement42 1979-12-22 1 HANDMADE CARPETS FROM CHINA PAKISTAN *4 l 'V':r yK v W CIV; r v-W'V \"LY r"* die V- 1? v .<- T 74 r J* >« ,X»' r CHINESE (TIEN TSIN) WOOL CARPET CARPET GALLERY Gil (.15. LUCKY PLAZA ORCHARD RI), SINGAPORL ILL: *****83.42 words
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Advertisement56 1979-12-22 1 LEISURE TIMES UA trade M-e> back la the HOPE fer Uallite SKIIJ/i Develepmeat Fiad ie- THE service Meter la the year TWO hirtwimi draw the NEW baOdlag eemiig ip at battle ttaea 7 CM Iyer Qaay 8 FLIGHTS S, WHERE TO WINE AND DINE 4, TV AND RADIO S, CROSSWORD56 words
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Advertisement128 1979-12-22 1 Business Ptioocoa Put*x#on Catch a Grasshopper with FREEZOMINT SI Grasshopper 1 11. oz. creme de cacao 2 1 2 fl. oz. green Freezomint V 2 {1. oz. double cream 3 to 4 ice cubes. Combine the creme de cacao green Freezomint, double ere im and ice cubes in a mixing128 words
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RAW MATERIALS
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Article258 1979-12-22 2 THE Singapore rubber market closed quiet yesterday with January One RSS buyers quoted at 296.50 cents per kilo, down 0.25 of a cent from Thursday's close, dealers said. Prices eased half a cent during the morning's trading on some January stale bull liquidation with forwards less keenly sought than258 words
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Article316 1979-12-22 2 R A S prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int 1 R.S.S prompt f.o.b. 294.50 295.50N 294.50 295.50N Int. 1 R.S.S. January 296.50 297.00 296.50 297 00 Int. 1 R.S.S. February 299.75 300.25 299 75 300.25 Int. 2316 words
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Article127 1979-12-22 2 Rubber Dec 21 Singapore: January: 296.50 cents (down 0.25 cent) Malaysia: January: 295.50 cents (down 0.50 cent) Tin: M*2,lU (down $50) Official offering: 193 tonnes (up 24V4 tonnes) NOON SSR and SMR prices yesterday: HAS January February (Current Mth) (Forward Mth) Buyer* Sellera Buyers Sellera127 words
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Article124 1979-12-22 2 APPROVAL of releases of stockpiled tin by the US Senate brought the Straits tin price in Penang down by Msso per picul to $2,111 yesterday, to move it to $161 above the International Tin Agreement ceiling, dealers said. Sentiment was largely depressed by continued weakness on the London124 words
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Article193 1979-12-22 2 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Ccttoa yarn: China Blue Phoenix 20s 2,325; 32s 2,800, 40s 3,065 (per bale of 400 lbs). Piece gMds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lamb 6 unq; Flower and193 words
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Article520 1979-12-22 2 COFFEE: Robusta futures yesterday closed the morning narrowly mixed £6 down to £5 per tonne up from Thursday. Turnover was 1,822 lots including four options and around 850 lots of crossed trades. Dealers said near January reduced an £11 opening loss to end the session £6 lower while520 words
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Article359 1979-12-22 2 MOST commodity prices tended lower in the continued absence of overseas buying interest on the Singapore produce market yesterday. Deals were minimal and confined mainly to local covering account. This was especially so in the pepper sector where all grades were at best steady. Attempts by commission agents359 words
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Article211 1979-12-22 2 SUGAR trading easy yesterday with no trades registered, as on Thursday, dealers said. January closed at US 15.90/16.00 cents against Thursday's 16.40/50 close and March at 16.10/20 against 16.30/40 cents. Sugar futures closing prices: Previni Ctostai [1mU| Jan 15.90,16.00 16.40/50 March 16.10/20 16.30 40 May 1620/30 1635/45 July211 words
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Article64 1979-12-22 2 SOYBEAN futures closed mostly higher in Chicago on Thursday, advancing up to US two cents a bushel but losing 1/2 cent in the deferred January. Traders noted bull spreading by an exporter and crusher buying as the day's features. Gains in wheat futures also were cited as supportive for64 words
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Article333 1979-12-22 2 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.00, 100 per cent second class 0.83, 100 per cent third class 0.80, 25 per cent new crop no stock, B-10 per cent 0.70. THAI BROKEN: A-super 0.63, Special 0.57.333 words
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ASIAN STOCKS
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Article665 1979-12-22 2 TOKYO Source: DBS-Daiwa ALTHOUGH the Opec meeting ended without a/iy uniform pricing scheme for crude oil, investors felt that any price increase should be no more than previously anticipated. As a result, in the morning session yesterday, the market surged further, centring on big-capital issues and oil-relatedSource: DBS-Daiwa - 665 words
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Article121 1979-12-22 2 STOCKS closed higher across the board yesterday with turnover rising to 9.47 million pesos from Thursday's 6.41 million. DEC 21 Pesos Aeoje Mining .0078 0.0004 AUu Con A Alias Con B. 21.00 04 Bagulo Goto txn* 0 0004 Benguet Con. B BF Goodrich 33-00 unch CDCP J so unch121 words
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Article183 1979-12-22 2 DEC 21 Bahu Asia Credit 177 3 All* Fibre 156 5 Ayuthaya In* And Trust Bangkok Investment Bangkok Bank I 324 2 Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia Bank Of Ayudhaya Ltd 1M -2 Bala Berll Jucker Carpet InterNational Charoong Thai183 words
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Article327 1979-12-22 2 Source: SHK Securities PRICES improved again yesterday morning following the successful private sale of a commercial building in Kowloon at over HKSI6.OOO per sq ft, encouraging investors to buy the property sector again. End-of-year profit-taking trimmed the advance in the afternoon but prices still closed higher on the day.Source: SHK Securities - 327 words
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Article311 1979-12-22 2 RESOURCE stocks, particulary oil issues, were -still keenly sought yesterday and the Ansett decision failed to make much of an impact, brokers said. Ansett's board announced that it had freed TNT from a 1972 agreement which limited TNT to a maximum 23.5 per cent of the Ansett, with TNT311 words
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Article50 1979-12-22 2 FINANCIAL TIMES INDUSTRIALS Thursday 420.2 Wednesday 422.1 Week Ago 411.7 DOW JONES AVERAGE INDUSTRIALS Thursday 843.34 Wednesday 838.91 Week ago 835.07 H.K.HANG SENG Friday 831.01 Thursday 828.84 Week ago 783.02 SYDNEY INDUSTRIALS Friday 558.07 Thursday 557.25 Week ago 551.87 ALL ORDINARIES Friday 721.00 Thursday 716.68 Week ago 696.3750 words
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MONEY AND EXCHANGES
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Article285 1979-12-22 2 GOLD futures on the Singapore market closed marginally lower yesterday compared with overnight levels in light trading, dealers said. Opening quotations were marked down between US$2 and $4 an ounce on some profit-taking but prices later recovered part of the earlier gains in line with the trend in Hongkong,285 words
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Article465 1979-12-22 2 THE US dollar closed firmer against major currencies amid thin trading ahead of the Christmas holidays. Opening at 238.60/80 yen, slightly higher than the Thursday closing of 238.10/ €0. the dollar rose to 238/239 at the end of the day. Little movement was registered throughout the session. Against465 words
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Article202 1979-12-22 2 THE US dollar was barely changed on Hongkong levels at a very quiet opening in London yesterday ahead of the Christmas break and with interest in this week's Opec meeting now waning. Dealers said the failure of Opec ministers to reach a consensus over pricing came as no surprise202 words
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Article66 1979-12-22 2 THE US dollar for overnight delivery yesterday closed at 239.00 yen, up from a 237.50 opening but unchanged from Thursday's close. Trading volume was US$573 million and no central bank intervention was detected. The dollar fluctuated between 238.70 yen and 239.10 yen in thin late trading after an early66 words
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Article54 1979-12-22 2 RESULTS of tender held yesterday for 91-day Treasury bills to be issued on Dec 24 and from Dec 26 to Dec 28. Offered: $40,000,000 Applied for: $67,000,000 Allotted: $40,000,000 Accepted bids: $96.37 approximately 40 per cent; higher bids in full. Average rale of discount on allotment: 6.35554 words
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Article22 1979-12-22 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 9.3 per cent.22 words
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Article192 1979-12-22 2 Asian rates ASIAN currency deposit Interbank rates as at close on Dec 21: U8 Do liar* (Spot I Offer Bid 7 days 15 9/16 15 7/16 1 month 14 13/16 14 11/16 2 months 14 13/16 14 11/16 3 months 14»« 14H 6 months 14*4 14' a 9 months 13*.192 words
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Article47 1979-12-22 2 RANGE of prices offered by discount bouses on Dec 21: Overnight: VA. Call deposits: V* Clotiif Bayiaf S«Uia( 3-month Treasury bills 0 7/16 0 5/16 3 month Bank bills 915/16 913/16 3 months CD 101/16 915/16 6 months CD 97/16 9 5/16 Source: National Discount Co47 words
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Article315 1979-12-22 2 DEC 20 Rand A INDUSTRIALS A Alpha M5 unch A bercom 290 -6 AE And CI 00 unch Auir 1900 Barlows 790 •10 Cf Suiar 1090 •f90 CNA 345 unch Currte Finance 125 -5 De Beers Ind 1900B 4998 Edgars ***** Eve ready VaI* ZHZ 396 •16 Puclt315 words
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Page 2 Advertisements
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Advertisement10 1979-12-22 2 ABN Bank The largest international Dutch bank in the world.10 words
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OVERSEAS
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Article433 1979-12-22 3 RECORD-setting exports contributed to a US$762 million surplus in the US balance of payments for goods and services in the third quarter this year. It was the largest surplus since the second quarter of 1976, US Commerce Department records showed. And it followed a deficit of $1.1433 words
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Article327 1979-12-22 3 IN what they hope will be the first major overhaul of federal food labelling laws in the US in 50 years, the Food and Drug Administration and the Agriculture Department have proposed that food processors be required to give complete listings of their products' ingredients and to327 words
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Article789 1979-12-22 3 DEPARTURES Service Local Operator Number Time For CAL CI331 0300 KULHKGTPE PAA PA006 0700 HKG/SPO/NYC SIA SQ976 0305 BAH AMS SIA SQ912 0430 HKGGUMSFO SIA SQ102 0615 KUL JAL JL616 0735 KUL/TYO MAS MH604 0745 KUL/(KBR)/NRT) G1A GA981 0600 HLP THAI TG4Q2 0600 BKK SIA SQ239 0615789 words
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Article, Illustration51 1979-12-22 3 FOR sale at the Can Factory in the Grants Pass Shopping Centre, Oregon, is fresh air, canned on the spot and moving well. Local people are scooping np the items as gifts to be shipped around the country via air mail. AP photo Source: APSource: AP photo - 51 words
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176 1979-12-22 3 UPI THE Japanese Ministry of International Trade and Industry has decided to Join the United States and West Germany in a three-nation project to produce synthetic oil from coal, officials said. In announcing the decision, ministry officials said the project calls for building aUPI - 176 words
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WORLD IN BRIEF
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Article581 1979-12-22 3 Agencies JAPAN Airlines- has proposed to the International Air Transport Association, a fare increase under a threetier rate scheme, company officials said yesterday. The new plan, called for categorising seats into three classes first, economy and special economy instead of the existing two classes. PRESIDENT Carter IsAgencies - 581 words
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Page 3 Advertisements
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Advertisement110 1979-12-22 3 >• J i m i Sc m 'v ml f-M W i 4 V *< -.«< iT OC 4k n mm, i. f a M m *> IMM 7s* rfris2*$ v < s > :*e Send something different on telex. Send Christmas wishes. Most companies send their seasons' greetings through110 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article204 1979-12-22 4 DEC 20 Fls ABM ***** 3 Ahold 77 00 2 Akio 2310 -01 AMEV 98 10 unrh Amfu 116 00 -0 4 Amro Bank 85 90 -02 Brrfou 50 00 uneh Berk 92 30 15 BoH 65 80 04 Bonumij 167 50 05" Burhmann 57 70 0.7 Byenkorf 59204 words
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Article268 1979-12-22 4 DEC 20 Frs CORBEILLE Air I.iqulde 498 —2 B S N Gervais Danone 881 10 CSF < ThomsonCsf) 443 1 Cie Krancaise des Petroles 255 50 -13 C'ompagnie Klnanclere C'ompagnie General* 340 unch Credit Fonder De France 471 10 -19 Hachelte 5 (Llbraine) 101 Machines Bull 6630 08 Mlchelln268 words
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Article93 1979-12-22 4 DEC 20 Frs FORWARD MARKET AC€* 325 unch Arbed 2100 -10 Astur 514 21 546 -a Bru-Lamb lOBO unch Canpac OS 10 Cock 324 11 De Been 285 unch Ebes 2106 unch Electrobel 62TC -JO Gb-Inno-Bm 2400 15 Gev 938 -11 Hobok 2680 20 Petro 5640 -40 Ryl Dutch93 words
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Article220 1979-12-22 4 DEC 20 Dm Aei-Teiefunken 36 SOB +0.1 Akio 21 10B +01 Allz Leben 880 00 unch AIU Vera ***** unch BASF* ***** 04 Bay H T Wbank 237 00 Bay Vbank ***** 1 Bayer BBC 125-SO 297 00 04 -3 BMW 164 OOB 326 OOB unch Chem Verw 284220 words
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Article185 1979-12-22 4 DEC 20 Francs Actions SuUhi m •1 Alusuisse Br __I u«o -10 Alusuisse Reg 400 •s Brown Boverl Br 16K -10 Clba Geig> Br. 1230 ♦s Clba Gtlo PC 9S0 -20 Clba Geigy Re< Credit Suisse Br 973 2290 2 unch Credit Suisse Reg 434 unch Elektrowatt Br sue185 words
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Article104 1979-12-22 4 DEC 20 Lire Ante Auor Ocn Baatofl 9 75 ***** aao unch 310 -7 Central? ftel 61(0 189 50 -30 -103 Finstdrr On Immob 7*25 07.75 325 03 in Prt Italcemenu lUlfU Ilalsider Mafneli M PI 3000 ***** 700 213 5(5 -10 770 -a ♦a unch Mare 111 Ere104 words
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Article1227 1979-12-22 4 NEW YORK A PREDICTION that oil prices will decline next year gave stocks on Thursday a lift late in the day and prices ended higher in heavy trading. Analysts said the market firmed after Saudi Oil Minister Sheikh Yamani forecast oil prices would fall after1,227 words
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Article223 1979-12-22 4 DEC 20 Abltlbl C» 104 -44 Home Oil Hud Bay Mln Imp Oil M 24 44'. n M'j 12S 1 unch A lean Al(oma B&nK Mont a< 28 S 24 24'< 21 l* -4k 4-*4 lnco Int Pro* Pipe Int Uts B&nk Nov* ScolU Bell Tel -4k 4-4» Intl223 words
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Page 4 Advertisements
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Advertisement157 1979-12-22 4 Where to wine, dine and entertain Set lips idsl ex-Uftisisfcrrf Uke 31 m Seekers' and Iter taotifal sister. StauU fat ststsh |esc ejes tins Skistmas Come and be entertained during: CHRISTMAS EVE GALA DINNER DANCE SsBs.oo* per person CHRISTMAS DAY FAMILY BUFFET SS29.oo** per adult 5516.50* per child under 12157 words
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Advertisement204 1979-12-22 4 f*JAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delights. Open doily 12 noon 'i p m 6.30 p.m. 10 30p >n For reservations call *****77 A i. "V «-i it 11 r\ I*j u-k *->l t> -n ilui i "~>i i| k >i-« CatdiChinese seafood at its best204 words
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Advertisement179 1979-12-22 4 Sm Page 2 for Asian stocks and Jo'burg prices Siamese Seafood I)eli< iikin suttiilent \er\ spii Hen' .11 thl' inkpit v\f serve il in six le V\ hcllu r v mi re entertaining or lust v 'MrninK I<>r exi itu i ulnurv delights HiH'se Se..ti ii k) ,i I the179 words
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Advertisement172 1979-12-22 4 LUNCH AT HiN'S Savour trie true flavours ot S in coot, exotic, tropica! surroundings at the newlook Hin's Heavenly Cookhouse Choose from a .vnole variety of tocai foods iiKe MurtaDak. Steam-Doat. Malay Curies. Noodles Smoked Duck-.mc Suckling Pig, Satay. Chun C r aDs Exceptional Cantonese menu Dy ceieorated Mono Kong172 words
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Advertisement59 1979-12-22 4 Funday POOLS IDE Buffet lunch at Sl2 nett per person with a free drink on us. Special package deal $30 nett for a family of four s® Y -V m £3 ,t\ DKV si Jfe c- «r Have fun this Sunday Take a break from the stresses of office. house59 words
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953 1979-12-22 5 THE SKILLS Development Council (SDC), formed in November, launched the recently instituted Skills Development Fund at World Trade Centre yesterday. Professor Lim Chong Yah, chairman of the council, explained how the fund would be managed, where it would be applied, who953 words
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1066 1979-12-22 5 PATRICIA NEWBY - For those who live in deserts, the prospect of obtaining water from the almost inexhaustible supply of the Antarctic seems enticing. PATRICIA NEWBY examines the role icebergs can play as a possible supply of fresh water in the future. PATRICIA NEWBY FT EVERY morning throughoutFT - 1,066 words
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Article468 1979-12-22 5 BOTH employers and employees must be pardoned if they feel taken aback by the raging controversy over whether the manufacturing or service sector is receiving the greater emphasis. Pity the poor school leaver who one day is told that the greatest opportunities lie in manufacturing468 words
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Article238 1979-12-22 5 IT MUST come as something of a shock to the many house-buyers who stump out goodly sums of money for an assessment of the market price of the property they contemplate buying only to find that prices are sometimes determined in a wholly quixotic manner. If238 words
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Page 5 Advertisements
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Advertisement155 1979-12-22 5 THE 2ND INTERNATIONAL FORESTRY, TIMBER PROCESSING AND WOODWORKING EXHIBITION. DATE: 12-16 JANUARY 1981, SINGAPORE. Wood '81 is the second specialist exhibition devoted exclusively to the development and expansion of the forestry, timber processing and woodworking industries of South East Asia Wood '81 will highlight the latest range of equipment and155 words
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Page 5 Miscellaneous
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Miscellaneous1425 1979-12-22 5 1 Christmas goodies STIR that spirit of Christmas in yoa with the offering of festive fare. Right from early afternoon to niter midnight, n string of X'mas goodies await yoa: In Sesame Street's Special Kind of Christmas, Oscar the Groneh finds it hard not to he lolly when party bloopers1,425 words
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1778 1979-12-22 6 BUSINESS DONE ON THE SES THE KLSE BID and otter prices officially listed and ftorineas in and reported to tM Stock Exchange of Singapo* yesterday with the numbctfaf shares traded shown in brackets in kMa of 1,000 unit# unless uOai OR specified. SECTION ONE INDUSTRIAL ft COMMERCIAL Acma (lit) (1)1,778 words
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Article158 1979-12-22 6 S'pore Growth Fund 1.18* < 1 24', SINGAPORE UNIT TRU8T INCOME BOND UNIT (Maaagen' prim ifsrDee M) (Carnal pr lees) The Commerce 2.17 2.30 Income Bond LIT 1 24 The Saving Fund 1.43 1.52 S pore Prog Fund 0.97 1.02 S pore Sec Fund 1.74 IB MARA BUMIPITRA158 words
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Article2760 1979-12-22 6 Gr'a Gr'a Net 1879 Last Div Div Y'ld P/E Vol Day High Low Compaay Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 244 -7 15.0 22 6.1 12.5 1 244 244 196 123' Alcom 196 10.0 1.3 5.1 26.1 148 110 Allied2,760 words
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Article1842 1979-12-22 6 BID and otter prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS AJhinKi <3 70S) Atoam (1.81S) (1) 1 83 (3) 1.81 Ales1,842 words
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Article92 1979-12-22 6 SOUTHERN Malayaa TIM DreigUg (M) BM: AGM to be held at Wisma Bunga Raya, 152 Jalan Ampang, Kuala Lumpur 04-06, on Dec 28 at 10am. KUagkMg 11b BM: AGM to be held at 70, Jalan Ampang, Kuala Lumpur, on Dec 28 at 2.30pm. Malayaa' Tin Dredging (M) BM:92 words
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Article, Illustration640 1979-12-22 6 SHARES lUM rnrtwly mixed la a v«UtU( ud selective market ea the Stock Exchaage sf Biagapere yesterday. Hw tntfig ptttca wu very similar* that ef the previeas day with mne sign ef cerreetiea m pwa t»Mag la these stoehs that had rlsea sharply earlier la640 words
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Article628 1979-12-22 6 THE Kuala Lumpur stock market yesterday finished on a mixed to slightly easier note in continued active trading. Prices opened marginally higher and advanced briefly before profit takers moved in and lowered values. Trading was focussed on the industrial second and third liners where the628 words
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COMPANY NEWS
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887 1979-12-22 7 THE BATTLE lines between business personalities appears to have been drawn as the share prices of the companies they control or have considerable influence over surged ahead on a whole train of speculative buying. Investment circles were talking of a likely $100 million bid887 words
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123 1979-12-22 7 Pan Malaysia Cement Works (in which Central Sugars has a 40 per cent stake) rose by about $1.00 over the same one-week period. One observer commented that the run-up in Central Sugars' share price would mean that Hong Leong, if it123 words
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Article320 1979-12-22 7 SOVRAN Industries and Hong Leong Industries, in reply to queries by the Kuala Lumpur Stock Exchange said that at they knew of no reasons for the sharp rise in the prices of their companies' shares. Sime Darby Holdings Ltd said its change of domicile from the UK to320 words
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Article203 1979-12-22 7 Date Last Full Year Company Period Announced Net EPS Gross Pre-tax last year (cents) Div. Profit SEA Corp <%) <$'•") F 28/11 93.2 45.0 3,583 BATS I 1/12 5.1 17.0 3,983 Kg Lanjut I 5/12 12.9 14.3 851 Utd Mai I 15/12 30.9 30.0 5,492 M Cement F203 words
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Article329 1979-12-22 7 Current Fx Books Date Total for Total for Payment Date Close Payable the year Previous year Sugars 10% Nov 29 Dec 11 Dec 21 15% 12% 1st Pen 10% I Nov 28 Dec 8 Dec 21 10% 22.8% 1 1 C 20% Dec 3 Dec 8 Dec 21329 words
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Article117 1979-12-22 7 Company Particulars Ex Date Books Close M I' Ind Bonus Issue of 4 for 5 Dec 11 Dec 21 SKA Corp Bonus Issue of lfor 1 Dec 6 Dec 18 Temerloh Bonus Issue of 1 for 1 NYA NYA Shangri-La Bonus Issue of 1 for 5 Dec 14117 words
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Article, Illustration572 1979-12-22 7 mmm HOCK LOCK SIEW THERE is some hope yet for the longsuffering shareholders of Unilite Electrical Industries. Word has filtered into the market that rescue operations to set this ailing company on its feet again are within sight and a decision on the matterHOCK LOCK SIEW - 572 words
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Article225 1979-12-22 7 Tin Production for October and November 1979 In plculs: Company Year-end Oct Nov tkk financial year To date last financial year To date Aokam Tin June 2453 3455 ***** 8445 5455 Austral Amal June 1473 1414 5413 Ajer Httam June 3453 3435 ***** ***** Berjuntal Gopeng Hong Kong225 words
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Article476 1979-12-22 7 THE New Straits Times Press (Malaysia) Berhad (NST) has soared to a new peak in profitability during the financial year just ended August 31, 1979 building up firmly on the momentum clearly established in the first half of the year. Group pre-tax profit galloped ahead to476 words
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Page 7 Advertisements
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Advertisement823 1979-12-22 7 IN THE HIGH COURT IN MALAYA AT KUALA LUMPUR (COMMERCIAL DIVISION) ORIGINATING SUMMONS N0.C36 OF 1979 IN THE MATTER OF WILLIAM JACKS COMPANY (MALAYA) BERHAD And IN THE MATTER OF THE COMPANIES ACT, 1965 NOTICE OF MEETING NOTICE IS HEREBY GIVEN that by an Order dated the 27th day of823 words
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425 1979-12-22 8 MORE people will be employed in the service sector of the economy which will become increasingly important in the year 2000. By then, the application of high-technology automated production systems in industries will mean relatively less labour per unit of output will be425 words
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Article, Illustration33 1979-12-22 8 Kodak's advertising billboard was recently put op in Jian Men, Beijing's busy shopping area. Bnt ordinary Chinese withoot foreign currencies cannot buy Kodak film. AP photo. Source: AP photoSource: AP photo - 33 words
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Article481 1979-12-22 8 Reuter JAPANESE Prime Minister Masayoshi Ohira yesterday instructed his cabinet to tighten oil conservation following reports that Japan would probably face an oil import bill next year of about US$53 billion, compared with an anticipated $32 billion this year. Mr Ohira, who told ministers at aReuter - 481 words
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157 1979-12-22 8 AP FILIPINO president, Mr Ferdinand Marcos, declared yesterday that local elections scheduled for next month are the "penultimate step" to dismantling his military-backed one-man rule. But he did not say what the last step is or when it will take place. In anAP - 157 words
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352 1979-12-22 8 ABOUT 130 manufacturers have so far been awarded the Singapore Institute of Standards and Industrial Research (SISIR) mark, licences and quality certificates, Mr Eugene Yap, chairman of the Singapore Quality Reliability Association (SQRA), said last night. The certificates have been awarded for industrial352 words
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Article257 1979-12-22 8 THE preferences of a house buyer are more complex than is commonly supposed. The factors that people appear to consider most important are land and floor areas, number of extra bathrooms, congenial surroundings and distance from town and markets. But some factors previously thought257 words
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198 1979-12-22 8 WINCHESTER House located at the Collyer Quay entrance to Change Alley will soon make way for a new building. This was decided at an informal agreement between the joint owners, Singapore Rubber Millers Association (SRMA) and property developer Singapore Land. Singapore Land yesterday announced198 words
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Article230 1979-12-22 8 Harinco Holdings will make an unconditional offer for the remaining 14.92 million shares in Consolidated Hotels Ltd (CHL) within a month, its advisers Singapore International Merchant Bankers Ltd said yesterday. The offer will be made not earlier than 14 days or later than 28230 words
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Article110 1979-12-22 8 THE newly-formed National Association of Travel Agents of Singapore (Natas) will introduce a new group of membership to the two existing categories. The new group will only cater to individuals of its member companies from the now dissolved Travel Agents Association of Singapore and the Singapore Society of110 words
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Article86 1979-12-22 8 IN THE biggest promotional exercise of its kind, the Ministry of Defence yesterday announced that it has promoted 106 reservist officers. Five were made Majors while the remainder became Captains. The promotions will be effective from Jan 1. A Ministry statement said the promotion exer- cise was carried86 words
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Article764 1979-12-22 8 LONDON, Fri. Share prices opened quietly steady in thin trading, dealers said. Leading equities mainly remained on overnight levels, though Fisons gained 2p to 262p while Glaxo was down 2p to 441 p. Gold mining shares were narrowly mixed following yesterday's sharp losses, dealers added. In Australians, Thpmas764 words
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Article492 1979-12-22 8 EXPECTED ARRIV ALS TODAY JURONG PORT Tai Fun B/l Tung Ho B/l Cape Ortegal B/3 Pussut B/4 May Sky B/5 Oka Shia B 6 Kopelia B 7 Santa Rifa I B 9 Eastern Tower B/9 Ocean Trader B/10 CONTAINER PORT Andros 5 IN Asian Pegasus 49S Bunga492 words
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Page 8 Advertisements
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Advertisement104 1979-12-22 8 w FOR COLLECTORS ONLY A Gentleman owner of one Rolex Cellini dress watch, Model No: 3806 invites offers by appointment only. Interested parties please read this ad carefully: UNIQUE Believed to be one of its kind! NOTE\I Extra large button stem fitted by Rolex Centre. This watch has a history]104 words
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Advertisement6 1979-12-22 8 Lender... page I Leader... Page I6 words
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Advertisement158 1979-12-22 8 Wendy Hutton's ....more than just a cookbook! Here, for the first time, is a local cookbook that lives you more than just recipes. More, too, than tots of fascinating and relevant information about Singaporean ingredients and cooking methods. Singapore Food is unique because it puts Singapore's famed cuisine into historical158 words
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LEISURE TIMES
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Article, Illustration1708 1979-12-22 9 MARGARET THOMAS - A CAROL FOR THE SEASON By MARGARET THOMAS CAROL'S ears pricked up as they caught the sound of glass tinkling against glass. It was the friendly, familiar sound of preparations for a party, and if there was one thing Carol lived for, it was a1,708 words
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Article, Illustration392 1979-12-22 10 Brighten up your life with... CHRISTMAS and the beginning of a new year is the springtime of the furniture industry. Production increases and imports hasten as buying orders heap up. It may not seem the best time to buy furniture. But many still flock to furniture showrooms lured392 words
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Article, Illustration132 1979-12-22 10 Above: Ikea's 'Gille' dining table is a handsome solid pine round table which can be extended to become an oval-shaped table for six. Table top is finished in polyurethane lacquer. Round table is priced at $769. Extension board $137. Matching 'Kontiki' folding chair costs $156 each available in132 words
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Article, Illustration81 1979-12-22 11 a brighter home From Jens Munk, this grand lounge set (left) comprising a three- and two-seater sofas. Arms inlaid with cow's bone. Chrome trimming. Ivory-coloured Viennese silk upholstery. Price $14,370. Matching coffee table with Ivory-coloured lacquered top. Legs inlaid with bone. Chrome trimming. $1,850. Karvelis81 words
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Article, Illustration77 1979-12-22 11 No, we didn't forget the executives. For the senior executive, Orchid Furniture offers this Maccassar veneered plywood desk with chrome supports (left). Its price is $698. Beige velvet upholstered chair costs $288. For a junior executive office, Orchid Furniture has a suggestion, in Canadian walnut veneered plywood.77 words
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Article, Illustration127 1979-12-22 11 FROM Ikea, an 'Eva' bed with round corner posts of solid pine (right). Available in natural or brown stained pine wood at $748 (excluding mattress). The 'Adam' bedside table is made of veneer and solid pine wood. Clear plastic lacquer finish. Offered in a choice of natural or127 words
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Article, Illustration1180 1979-12-22 12 THE FIRST Europeans who set foot on the Philippines called it the Watering Place of the Gods or, in Spanish, "La Aquada de las Buenas Senales". Today's Filipinos like to call it their Island World a description prompted by a sprawling archipelago of 7,107 islands1,180 words
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Article, Illustration1273 1979-12-22 13 If you have 10 whole days on your hands and simply must get out of the country for a spell, where would you take off to? TSANG SAU YIN whisks you to two Asian destinations that may fit the bill in terms of time and money.1,273 words
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Article, Illustration768 1979-12-22 14 RUSSELL BAKER - By RUSSELL BAKER NYT ONE OF THE first things I ever got for Christmas was an iron motorcycle with a sidecar and an iron policeman mounted on the saddle. Moforcycle, sidecar and policeman were all orange. The policeman could beNYT; Source: - 768 words
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Article, Illustration222 1979-12-22 14 THIS is a very special Christmas for Tan Chong and Sons, the agents for Datsun cars in Singapore and Malaysia. It has been associated with the Japanese carmaker for 21 years now and expects to celebrate its coming of age with a record sales turnover of $115 million222 words
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Article, Illustration601 1979-12-22 14 GOLF BEMBAWANG Ctutry Clab celebrates this pre-holiday weekend with its Christmas Cup golfing competition. Eighty-five golfers will participate in this strokeplay and stableford competition which tees off this afternoon. Another 90 golfers will be on the Jurong Country Club golf course today vying for trophies in its Christmas Competition.601 words
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Article, Illustration381 1979-12-22 15 DARE you turn away from all the feasting and drinking of the next few days to pit your brains and memory against our little quiz? Dare you accept our challenge to try to solve all our mindbenders and answer all our memory teasers? To make it worth your381 words
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Article861 1979-12-22 15 RACK YOUR MIND for $500 TEASERS 1. Find the name of a country or city hidden in each of these sentences, e.g., "SPAIN" in "His painstaking efforts were much admired." a) In this country, couples wed entirely on their own, with no member of their family being present. b) Would861 words
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Article, Illustration851 1979-12-22 16 GIFT GALLERY Last minute shopping may be nerve wrecking. But it can also be fun. Probably more so when Christmas Day is just round the corner and all you've got to show are a few presents spaced out at the base of your Christmas tree. However, eleventh minute851 words
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Article913 1979-12-22 16 EDWIN McDOWELL - By EDWIN McDOWELL NYT A FOUR-YEAR-OLD visitor from New Mexico gawked at the gigantic Christmas tree in Rockefeller Center and the gaily clad skaters gliding by it. "Is this where Santa Claus lives?" he asked his mother.. Santa might if he could, perhaps, but he could not.NYT - 913 words
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Page 9 Advertisements
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Advertisement11 1979-12-22 9 Kod.il* I got it... with the Kodak Colorburst 300 instant camera11 words
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Advertisement37 1979-12-22 9 _jsnma_ Live gracefully, eat cosily and sleep softly llf 111 An adventure of Manila and Lanka for the uninitiated Centrespread What's in my sock? VI Tickle your brain, pickle your mind.. VII The laet minute shopper VIII37 words
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Advertisement144 1979-12-22 9 Need extra prints from your instant pictures? Ask vour dealer about Kodak Color Copy prints. 95C only. 1 Make a calculated'move this Christmas, Vxi'llnever lose out! Elegant Pendant Watches for HIM HER. From $90 Upl CT-418 $105. 4 y Scientific Calculators for the Brainy Ones. From $55 —$150 Versatile Calculators144 words
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Page 9 Miscellaneous
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Miscellaneous437 1979-12-22 9 FILM SHOWS THE National Museum has more in store for football fans. Its special holiday films for students next week are: FmUmII WmM Chjunpteasklp lfI4 (world cup finals held in the Federal Republic of Germany); The Purple Liae; Telwo-tckM (a children's fantasy film). Its regular films today feature Jade and437 words
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Page 10 Advertisements
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Advertisement135 1979-12-22 10 FORD CORTINA 1.6 GL with *BS National Car Air-conditioner NORMAL PRICE NATIONAL 4-SPEED FOR CORTINAS: $1450/NORMAL PRICE NATIONAL DELUXE for cortinas: $1250/s|c All buyers of a Ford Cortina 1.6 GL will be offered a National Car Airconditioner at a special price beyond their imagination. Offer ends 31st December 1979. Any135 words
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Page 11 Advertisements
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Advertisement235 1979-12-22 11 jsssssfc Why idle away ydur lift and languish in poorly paid jobs with no future when you can move ahead with tha RIGHT QUALIFICATION? Enrol now with FEDERAL PUBLICATIONS HOME STUDIES DIVISION for any of the following courses and get just THAT QUALIFICATION! Institute of Administrative London Chamber of Commerce235 words
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Page 13 Advertisements
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Advertisement91 1979-12-22 13 Christmas Specials from HAMLYN ,fy hiiih ini The WORLD iss y i AfH. Of *H| af» *SH Papcrcaftl^I^F^. <% i XV*'H tvw v V kr lCJ w mi AkSS^T- |f*A >■# .15 >ii o* mmm Colourf Cook* I It i Ml»»i t w l?IBLb Cake Dscoratmg dixit Sugarcruft BARBECUE v91 words
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Page 14 Advertisements
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Advertisement202 1979-12-22 14 Datsun2ooL.The choice off the professionals. Bold refinements in luxury, elegance and a high performance have evolved in the new and improved Datsun 200 L Special features for enjoyable, responsive driving include power steering and power windows. Outstanding features that combine to ensure total luxury and comfort in motoring. 6-cylinder 1998202 words
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Page 16 Advertisements
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Advertisement52 1979-12-22 16 CONRAD PROMOTIONS PTE LTD 5222 Woh Hup Complex (Ist Floor), Beach Road, Singapore 0719. Tel: *****47;*****14. r r» •m J-*" <ff*4 V'*' ->F. v\ c> A +~S kJ 1 0 k- i•:; 'O i* i < r i.;.»'-vir v j* r i ir < r. •y. v- i m•.» t52 words
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