The Business Times, 26 March 1994
1994-03-26
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The Business Times
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Title Section14 1994-03-26 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Weekend Edition. March 26-27 1994 75 c14 words
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578 1994-03-26 1 Quak Hiang Whai - By Quak Hiang Whai SINGAPORE United Overseas Bank and OCBC Bank yesterday announced impressive 1993 results, bringing average net earnings growth for the Big Four banks to 48.7 per cent last year. UOB said net earnings last year surged 51.8578 words
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387 1994-03-26 1 Rahita Elias - By Rahita Elias SINGAPORE National carrier Singapore Airlines plans to order up to 52 aircraft worth about $10 billion in the next few months. Responding to a query from Business Times, a SIA spokesman said that last month the airline387 words
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108 1994-03-26 1 SINGAPORE Prime Minister Goh Chok Tong leaves on Monday for an official threeday visit to Myanmar the first by an Asean head of government in recent years. The visit is aimed at promoting Myanmar-Singapore relations in the context of Asean's policy of constructive108 words
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Article, Illustration201 1994-03-26 1 Hongkong property developer builds for 1997 AFP HONGKONG A cash-rich Hongkong property developer has announced a plan to build the world's tallest building to show confidence in the territory's future after 1997, the firm Chinachem Group said yesterday. Chinachem Group will build the 468 m officeAFP - 201 words
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387 1994-03-26 1 Bloomberg Business News HONGKONG Hongkong's banks raised their deposit and lending rates, ending almost two months of speculation since the US Federal Reserve began raising rates on Feb 4. But the Hong Kong Monetary Authority (HKMA). the territory's equivalent ofBloomberg Business News - 387 words
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Article, Illustration336 1994-03-26 1 Paul Leo - By Paul Leo SINGAPORE The region s stock markets yesterday followed Wall Street lower amid concern over higher interest rates, political instability in Mexico and tension in the Korean peninsula. In Singapore, the Straits Times Industrials Index fell 26.23 points or 1.2 per cent toSource: Bridge Info - 336 words
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2am LATEST
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Article47 1994-03-26 1 Reuter NEW YORK Wall Street stocks were mixed at midday yesterday, but the market was stable after Thursday's sharp decline, analysts said. At Ipm EST. the Dow was down 6.35 at 3,814.75 while advances inched ahead of declining issues. ReuterReuter - 47 words
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61 1994-03-26 1 Reuter CHICAGO United Airlines and two of its unions have cleared away last-minute olv stacles and reached agreement on a buy-out of the airline that will create the largest US em-ployee-owned company, parent company UAL Corp said yesterdav. Shares of UAL rose US$4.5OReuter - 61 words
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92 1994-03-26 1 Bloomberg Business News TORONTO Canadian banks, led by Imperial Bank of Commerce, yesterday began increasing their prime lending rate to 6.25 per cent from 5.5 per cent, effective Monday. Royal Bank of Canada Toronto Dominion Bank and Bank of Nova Scotia quicklyBloomberg Business News - 92 words
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Article167 1994-03-26 1 Stock market indices Friday Change ST1I 2,083.42 -26.23 KLSEComp 970.10 -13.42 Nikkei 19.836.48 -201.42 Hang Seng 9,234.21 -86.54 SET Index 1,280 07 -6.74 Jakarta Comp 490.84 -3.34 CLSA China B 1.039.49 -6.48 Aust All Ord 2.151.6 -18.2 FTSE 100 3.129.0 +7.3 Friday Previous lpm close Dow Jones 3.814.75167 words
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Page 1 Advertisements
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Advertisement12 1994-03-26 1 Adelaide's bold experiment: el i Too heavy on the soy sauce? bib12 words
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Advertisement19 1994-03-26 1 Cheap stocks: el 4 AWhere fund managers put their monffi Visit to focus on business and investments, Page 319 words
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Advertisement133 1994-03-26 1 Raffles Conversation: el 3 "A The Archbishop of Canterbury '-&WM Subscription Tei 1800-*****77 fa. *****75 BT Editorial !<H *****18 fa. *****71 Full reports. Pages 12-16 §P\ vW W K' W 1.1 fir lif w*A --w We• a M ft?*Rk Self-winding 'MARINE." watch, water-reiiftant, individually numbered. In tribute to A.-L. Breguet'i133 words
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Advertisement46 1994-03-26 1 CONTENTS News CwpmiM S pore News 2 S pore* sia 6.7 Regional News 3.5 Financial 9.10 WorU 5 Features Martiet# Opmens EL2 Cloto KlSt. StS 14 16 Pt EL4.5 Regional 12 Renews £L 9 Wofkl 12 Sports ELI3 Currencies 10 TV Rata ELI4 S«mei Commo 1146 words
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SINGAPORE NEWS
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256 1994-03-26 2 Replies to questions filed in Parliament SINGAPORE is relatively en-ergy-efficient. It uses less energy per dollar of GDP than the UK. the US. Canada and South Korea, but more than Hongkong. Japan and France. Trade Industry Minister Yeo Cheow Tong gave information about local energy256 words
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IN BRIEF
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118 1994-03-26 2 .-I.VSII /-RS to some ot the oilier questions Stun mated MP kanwaljit Som filed tor written replies MEDISHIELD collected SI 14m in premiums in the past three years S34m in 1991. S3Bm in 1992 and S42m last >ear. The medical insurance scheme, started in118 words
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65 1994-03-26 2 FOREIGN workers number more than 200.000. or 12% of the workforce of 1.6 m. said Labour Minister Lee Boon Yang. Singapore is unlikely to be able to completely phase out foreign workers because of the slower indigenous workforce growth and the rapidly greying population. Hence,65 words
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102 1994-03-26 2 IT IS UNLIKELY that Radio Singapore International (RSI), launched on Feb I as a regional shortwave service, will go global, said Information and the Arts Minister George Yeo. "The infrastructure and investment required are prohibitive, and it is not our aim to be a102 words
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Article119 1994-03-26 2 THERE has been no delay in tax treaty negotiations and 1993 was in fact a "bountiful" year, said Teo Chee Hean. Minister of State (Finance). Tax treaties were signed last year with Luxembourg. Pakistan and Poland, and treaty talks were held with five other countries.119 words
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68 1994-03-26 2 THE Ministry of National Development will consider Dr Kanwaljit Soin's suggestion that the lowest floor of some HDB flats be used for old age homes. Up to one-third of the void deck space in HDB blocks can be set aside for social and68 words
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Article70 1994-03-26 2 MAKING "high-performance workplaces" out of Singapore companies hinges basically on skills training and quality control circles. And the National Productivity Board has in place the plans and programmes to achieve Singapore's training and QCC goals, said Trade and Industry Minister Yeo Cheow Tong. These include new70 words
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Article72 1994-03-26 2 CAN Medisave be used for hospice care? As hospice care is a new service, the decision will be based on the experience of Assisi Home Hospice, which has just completed its first year of operations in its new premises, said Health Minister George Yeo. The72 words
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298 1994-03-26 2 A SUBORDINATE Court yesterday found Asia Fibreglass Industrial Co guilty of evading tax on income earned in 1987. The company, which makes and trades in products such as water tanks, was charged under Section 96( 1 Ka) of the Income Tax298 words
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NEWS ROUNDUP
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Article108 1994-03-26 2 THE CPF Minimum Sum will be increased from $34,600 to $35,400 trom I April 1994. as the normal annual adjustment for inflation, the Ministry of Labour said yesterday. The increase of 2.4 per cent, the same as the rise in the 1993 Consumer Price108 words
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Article66 1994-03-26 2 SEE C HAK MUN has been appointed Singapore's Commissioner to Hongkong. Mr See. 53. is a career diplomat who has been Singapore's envoy to Australia. Fiji. Germany. Italy. Greece. United Nations in Geneva. Switzerland. Turkey and Austria. He joined the Ministry of Foreign Affairs in66 words
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Article56 1994-03-26 2 hORMER EDB director and Skills Development Fund administrator hoo Meng Tong has been appointed Singapore's ambassador to France. Mr Foo. 52. who left the EDB to join the private sector in April last year, will retain his honorary position as an EDB industrial adviser during56 words
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Article, Illustration475 1994-03-26 2 Ramesh Divyanathan - The OSA trial Reports by Ramesh Divyanathan AN ACCUSED person who has consistently lied in his statements to the police is. under certain circumstances, as good as guilty, the Attor-ney-General argued yesterday. And in the case against Crosby Securities economic research475 words
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412 1994-03-26 2 ATTORNEY-GENERAL Chan Sek Keong urged a Subordinate Court yesterday to reject the testimony of an accused because it was given on a "would be" basis. He said Monetary Authority of Singapore (MAS) economics director Tharman Shanmugaratnam's account in court412 words
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Page 2 Advertisements
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Advertisement279 1994-03-26 2 V A FRENCH JfWSSrTMENT srx.'T SAtJ ,'i■ FRANCE 18THE WORI_D'S A. "W NO. 1 TOURIST DESTINATION I M 1 J M I I WITH MORE THAN 57 I* W 4 I I MILLION VISITORS IN 1992. L J1 M iV Jk M 1 TAKE YOUR PICKOF CHOICE dTY apartments in279 words
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Advertisement138 1994-03-26 2 All of these securities having been sold, this announcement appears as a matter of record only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities. New Issue March 1994 U.S. $200,000,000 International Telecommunications Satellite Organization 6 5/8 per cent. Notes due 2004 Goldman Sachs138 words
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Page 2 Miscellaneous
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Miscellaneous298 1994-03-26 2 CRYPTIC CROSSWORD 1 Unruly babes of French H H 4 Beachcomber hit repeatedly, g we hear (8) *****1 8 Hands put out in error. ■B"~ ~~■M~~ ~iBBV damsel is in distress (8) glish road-licence (8) 11 Ships that carried earliest 15 Being brought down to 1 1 1 1 I298 words
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THE REGION
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501 1994-03-26 3 Amy Balan - By Amy Balan SINGAPORE Economics will rank high on Prime Minister Goh Chok Tong's agenda when he goes to Myanmar on Monday. Apart from political talks, the prime minister is expected to discuss with Myanmar leaders ideas for opening up501 words
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379 1994-03-26 3 Bloomberg Business News SINGAPORE Caltex Petroleum Corp of Dallas, in what is believed to be a first for an American oil company, this week purchased a cargo of Vietnamese crude oil. The company, owned by Texaco Ine and Chevron Corp.Bloomberg Business News - 379 words
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398 1994-03-26 3 Teh Hooi Ling - By Teh Hooi Ling SINGAPORE Tianjin, a port city two hours' drive from China's capital Beijing, has been attracting huge sums of foreign investment to its real estate industry. Official figures show that foreign investment in the real estate sector totalled US$233 million398 words
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317 1994-03-26 3 AFP TOKYO South Korean President Kim Young Sam, concerned about his country's growing trade deficit with Japan. called on Tokyo yesterday to help tackle the imbalance "through a positive approach". Mr Kim told Japanese business leaders atAFP - 317 words
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Article, Illustration267 1994-03-26 3 Reuter LONDON Britain thanked Malaysia yesterday for finding soldiers lost for a month on a jungle mountain and officials privately said they hoped the success of the joint rescue effort may help heal a deep trade rift. Prime MinisterReuter - 267 words
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ASIA NOTES
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65 1994-03-26 3 UPI MANILA After months of delays, the Philippines yesterdav completed an electronics merger of its two rival stock exchanges which officials said would simplify trading and boost foreign investment. The Manila and Makati floors continued to trade at separate locations, but each transaction was matched byUPI - 65 words
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Article74 1994-03-26 3 Reuter JAKARTA Indonesian cement maker PT Indocement Tunggal Prakarsa closed slightly down yesterday after a report in the Jakarta Post newspaper which said the government might sell part of its 29.5 per cent stake in the company to pay the obligations ot scandal-ridden state bank PTReuter - 74 words
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65 1994-03-26 3 Bloomberg Business News CANBERRA .Australian Prime Minister Paul Keating yesterday unveiled his fourth Cabinet reshuffle since coming to power in late 1991. As expected, former Western Australia state premier Carmen Lawrence, who was elected two weeks ago to Parliament, was named Health Minister, replacing Graham Richardson,Bloomberg Business News - 65 words
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Article69 1994-03-26 3 Reuter BEIJING United States giant Intel will set up its first semicon-; ductor co-production venture in China, executives said here; yesterday. Chief operating officer Craig Barrett and China Huaj-; ing Electronics Group next week will sign a subcontracting deal in, Beijing to assembleReuter - 69 words
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Article106 1994-03-26 3 Bloomberg Business News TOKYO Unions at major electronics and railway companies yesterday morning cancelled strikes scheduled for yesterday afteraccepting wage increases that set post-war lows for both indus-' tries, union sources said. Unions at 17 major electronics companies. including Hitachi Ltd and Sony Corp. agreed toBloomberg Business News - 106 words
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621 1994-03-26 3 Reuter SYDNEY Asian investors' taste for cheap property has helped lift the Australian property market out of its worst recession in 60 years, analysts say. A report by real estate consultants Richard Ellis said Asians accounted for a third of the AS3 billion (553.4Reuter - 621 words
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480 1994-03-26 3 Reuter TOKYO A draft plan to unite Japanese Prime Minister Morihiro Hosokawa's unwieldy coalition into a single party is fuelling speculation that he may call snap elections. The newspaper Yomiuri Shimbun said yesterday the alliance plan calls for merging the eightReuter - 480 words
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Article226 1994-03-26 3 Reuter SEOUL South Korea yesterday posted growth figures indicating the economy was showing healthy expansion with recovering investment and exports, government planners and economists said. But critics warned inflation could cause problems and said the government must keep a tight rein on money supply andReuter - 226 words
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Page 3 Miscellaneous
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Miscellaneous49 1994-03-26 3 Tvme i rue CLPvTreR\MG of] fBRiSTOU) \T 'S TWe R£AL GG.T PRICKL£.S V UP RNP DQION r\y SP>MC J C ASSOCIATED NEWSPAPERS LTD.. 9153 DOOWESBURY GARRY TRUDEAU r NOuTcOM& II 3 r~ tMABOJTTOHAMAPIINHt B I A X MPHZS... I MBTTINGUJfTHANUN9CCJVCP UKJKIsHcX&f.-- j g f Jft V,■ i ONBOARD.' |gj49 words
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Page 4 Advertisements
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Advertisement626 1994-03-26 4 P PONGGOL SEAFOOD HOLDINGS PTE S*l<^ F# cmcui Fm cptNm cwmcNy 'ik A ■tti Opening celebration of the launch of oiy latest |^ane|t PONGGOL,FAMOUS MEE 60RENG LOBSTER WITH BUTTER Chairman: Mr Ting Choon Teng .PONGGOL CHILLI CRAB BRAISEEI SUPERIOR SHARK'S FIN /If Our Message BROWN SAUCE Ml/% DlSCOlfflt Ponggol's (Hock626 words
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THE REGION/WORLD
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496 1994-03-26 5 Reuter FRANKFURT The central banks of Germany and France yesterday pledged to continue the fight against inflation but made clear they would seek the scope to cut interest rates again whenever possible. In speeches at a FrancoGerman financial markets conference here,Reuter - 496 words
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Article, Illustration55 1994-03-26 5 Reuter VALENCIA, California In a gravity-defying feat, these riders were flung upside down on a roller-coaster called "Batman The Ride" at Six Flags Magic Mountain in Valencia. The coaster, made by Hoiliger and Habillard of Switzerland, uses the latest technology and takes its riders through two heart-stopping verticalReuter - 55 words
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257 1994-03-26 5 Bloomberg Business News TOKYO The Japan Auto Farts Industries Association and the Japan Automobile Importers Association unveiled import promotion plans aimed at easing a United StatesJapanese dispute over trade. Automobiles and components account for roughly twothirds of Japan'sBloomberg Business News - 257 words
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164 1994-03-26 5 AP WASHINGTON The US Labour Department yesterday proposed a sweeping ban on smoking in the workplace, saying that millions of employees "face unnecessary health threats" because of drifting tobacco smoke and other indoor air pollution. "Lives will be saved, health care costs reducedAP - 164 words
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448 1994-03-26 5 AP Washington Dropping in the polls because of the Whitewater affair. US President Clinton is struggling to regain ground by releasing tax returns dating back to his first days in public office in Arkansas. Republicans said his openness would help ease suspicionsAP - 448 words
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324 1994-03-26 5 Reuter LONDON Britain's economy continues to flash mixed signals to policy-makers, but analysts believe the recovery will survive intact this year even if it splutters in the second quarter when sharp tax rises bite. "We remain optimistic about growth this year and expect grossReuter - 324 words
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WORLD WATCH
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Article71 1994-03-26 5 Bloomberg Business News lON Higher mortgage rates triggered a 9.9 per cent decline in sales ot previously-owned homes in February. the United States National Association of Realtors said yesterday. Snow in the north-east and mid-west also hampered sales. Last month s decrease lowered the seasonally adjustedBloomberg Business News - 71 words
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Article82 1994-03-26 5 AP MOSCOV\ Russian President Boris Yeltsin plans to return to Moscow this weekend as scheduled alter becoming "more vigorous during his \acation. a spokesman said yesterdav. Mr Yeltsin took a two-week vacation earlier this month, resting in the Black Sea resort of Sochi. The President's absenceAP - 82 words
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Article72 1994-03-26 5 AFP KUALA LUMPUR Vietnamese Communist Party General Secretary Do Muoi yesterday visited Malaysia's Proton car plant after discussing setting up a joint venture car factory with Kuala Lumpur, ofhcials said. Mr Do Muoi told Malaysian Prime Minister Mahathir Mohamad during talks on Thursdav thatAFP - 72 words
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100 1994-03-26 5 Reuter TOLRS. France France will propose to the European Commission in the next few weeks that it use farm export subsidies more aggressively. French Farm Minister Jean Puech told farmers on I hursday. "We must lead the commission to use the money available for anReuter - 100 words
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90 1994-03-26 5 AP MANILA President Fidel Ramos yesterday proposed an amnesty for Communist, military and Muslim rebels, saying it would speed up the peace process after more than two decades of armed conflict. Mr Ramos issued two amnesty proclamations, which require approval by Congress. Congressional leadersAP - 90 words
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307 1994-03-26 5 Reuter GENEVA Opec ministers held a heated opening session of a Geneva conference yesterday, unable to reach a consensus on cuts in production quotas needed to rescue weak oil prices. An Iranian delegate said a majority of the Organisation of Petroleum ExportingReuter - 307 words
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Article1764 1994-03-26 5 City Flight ETA HgM ETO Abu Dhabi GA860 2005 Amman RJ187 0130 Amsterdam SQ25 0635 KL844 0535 KL837 1545 KL838 2335 SQ324 2345 Auckland NZ21 1710 NZ36 0055 SQ286 2035 BA11 1335 NZ22 1825 Bahrain GF148 0850 B Seri Begawan BI421 1105 SQ182 0915 SQ181 14101,764 words
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352 1994-03-26 5 Bloomberg Business News LONDON British alcoholic beverage company Allied-Ly-ons pic said it will pay £739 million (SSI.7 billion) to gain control of the world's eighthlargest spirits company. Spain's Pedro Domecq Group. The acquisition will make Allied-Lyons the world's sec-ond-biggest marketer of distilledBloomberg Business News - 352 words
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COMPANIES & MARKETS
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Article, Illustration275 1994-03-26 6 SINGAPORE Buoyed by strong profit growth in 1993, Singapore Aerospace is planning its next wave of overseas expansion to spread its commercial aircraft maintenance net over a wider area. The company's subsidiary. Singapore Aviation Services Co (Sasco). will spearhead a plan to275 words
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Article, Illustration464 1994-03-26 6 Quak Hiang Whai - Major 1993 corporate results By Quak Hiang Whai SINGAPORE United Overseas Bank yesterday announced a 51.8 per cent jump in net profit to $456.62 m for 1993. and a one-for-10 rights issue to raise up to $280 million for working capital. Like itsPrice charts by Bridge Info - 464 words
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340 1994-03-26 6 Lilian Ang - By Lilian Ang SINGAPORE Singapore Petroleum Company yesterday reported a 36 per cent rise in net earnings to $55.85 million for the year to Dec 31, 1993 and announced a one-for-five bonus issue. The group, which said it benefited from better profit340 words
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370 1994-03-26 6 SINGAPORE Singapore Reinsurance Corporation has reported a 56.8 per cent rise in net earnings to $7.46 million for 1993. And to mark the improvement, directors have proposed a one-for-10 bonus issue and recommended a final dividend of 7.5 per370 words
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414 1994-03-26 6 Soh Tiang Keng - By Soh Tiang Keng SINGAPORE OCBC Bank has surpassed the expectations of analysts by chalking up a 47 per cent increase in group net earnings to $434.3 million last year. This profit jump is much higher than the 15.5 per cent rise414 words
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339 1994-03-26 6 Genevieve Cua - By Genevieve Cua SINGAPORE Beverage group Yeo Hiap Seng has reported flat earnings and sales for the year to December, dragged down by a poor showing in Singapore and weaker results in Malaysia. But with net earnings at $7.2 million, the group still339 words
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278 1994-03-26 6 Bernama KUALA LUMPUR Yeo Hiap Seng (Malaysia) Bhd has announced that group pre-tax profit fell 21 per cent to MS 18.09 million (5510.51 million) for the vear ended Dec 31 1993. from M 522.91 million the previous year. The groupBernama - 278 words
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EYE on your STOCKS
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Article20 1994-03-26 6 For next week's exptrwd market \entiment. see BT Sentiment Index on EL 4 (Persona! Finance Investment \et tion)20 words
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Article, Illustration169 1994-03-26 6 Paul Leo - By Paul Leo Nat Steel has been trading within a triangle for the past three and a half months. The base of the triangle is formed by joining the two troughs $4.66 on Jan 13 and $4.68 on Mar 22. The other side of the triangle is formed169 words
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847 1994-03-26 6 Lee Han Shih - HOCK By Lee Han Shih HONGKONG A group of Singapore government agencies is seriously thinking of investing millions of dollars in a Hongkong company which has absolutely no profit record, which faces immense competition and whose founder will847 words
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COMPANIES
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Article, Illustration550 1994-03-26 7 Ho Kay Tat - From Ho Kay Tat in KUALA LUMPUR AMMB Holdings Bhd's plan to issue MS22B million (SSI33 million) worth of irredeemable convertible unsecured loan stocks (Iculs) to buy Security Pacific Asian Bank Ltd's Malaysian operation would not only take Azman550 words
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253 1994-03-26 7 SINGAPORE L&M Group Investments is getting ready to list its Malaysian operations on the Kuala Lumpur Stock Exchange. The group said yesterday it intended to facilitate listing by selling a total 10 per cent stake in six subsidiaries of L&M253 words
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321 1994-03-26 7 SINGAPORE Cosco Investment Ltd, which is in the process of raising S4l million from its rights issue, may have to raise more funds through bank loans or capital market issues to meet its financing needs as it expands further.321 words
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405 1994-03-26 7 MBT KUALA LUMPUR Formosa Prosonic Industries (FPI), believed to be the first Taiwan-ese-owned company to seek a quotation on the Kuala Lumpur Stock Exchange, is spending MsB million (554.6 million) to set up a second factory in Sungei Petani. Kedah.MBT - 405 words
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192 1994-03-26 7 Reuter SINGAPORE Jardine Matheson Holdings Ltd said it wanted to raise share trading of the Jardine Group companies in Singapore following its plans to quit the Hongkong stock market by the end of this year. Jardine Matheson chairman Henry Kesw ick met officials ofReuter - 192 words
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305 1994-03-26 7 S N Vasuki - By S N Vasuki SINCiAI'OKL French food giant Ciroupe BSN luis signed a franchising agreement with Malaria Dairy Industries to manufacture and market its "Danonc" brand vogurts in Singapore and Malaysia. BSN said yesterday that Malaysian Dairy Industries will manufacture Danonc at its factory305 words
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Article, Illustration45 1994-03-26 7 Reuter TOKYO America's Microsoft Corp chairman Bill Gates (left) and Masashi kojima. president of Nippon Telegraph and telephone Corp. announced a new tie-up on Thursday to develop services that will allow users to access multimedia information on a communications network. ReuterReuter - 45 words
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197 1994-03-26 7 MBT KUALA LUMPUR Pacific Bank Bhd lias proposed a one-for-five bonus issue of 20.20 million shares and a two-for-five rights issue of 40.40 million shares at M 53.10 per share. Pacific Bank in a statement said that the total gross proceedsMBT - 197 words
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157 1994-03-26 7 Bernama KUALA LUMPUR Ekran Bhd has recorded a 38 per cent jump in group pro-tax profit to M 549.26 million (5528.62 million) for the half vear ended Dec 31. 1993. from the previous corresponding period. Releasing its unaudited results here yesterday. Lkran attributed theBernama - 157 words
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352 1994-03-26 7 Bernama KUALA LUMPUR Chew Piau Bhd has yet to form a proposed joint venture to assemble and manufacture aircraft with two Romanian companies. chairman lan Chew Piau said yesterday. The company had asked for an extension of time to ensureBernama - 352 words
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COMPANY BRIEFS
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40 1994-03-26 7 SING \PORL DBS Land yesterday reminded holders of warrants that they will expire on July 20 this year. The last da> lor trading ot the warrants on the stock exehange is July K.40 words
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57 1994-03-26 7 SINGAPORE I iger Medicals has entered into an agreement with Metro Drug ot the Philippines to acquire from the latter W.6XO fully-paid shares of 1(H) pesos each, at par for a consideration ol 1.%8 million pesos (SSI 13.560) Phis represents 40 per cent ol the57 words
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32 1994-03-26 7 SINGAPORE Wearne Brothers yesterday announced that Tan Keng Siong had resigned as a director. The company has also appointed Soli ew Hock as an additional director.32 words
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Article61 1994-03-26 7 SINGAPORL Ihe VNatch Gallery Holding Co. a wholly owned Australian subsidiar> of The Hour Glass, has increased its authorised, issued and paid-up capital from A 5500.000 (*****.000) to AS4 million. The increase is through the capitalisation of an existing intercompany loan in satisfaction of the61 words
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Article52 1994-03-26 7 SINGAPORE First Capital Corporation yesterday announeed that Johnny Sng Chin Watt had ceased to he managing director of its subsidiary Mimax Ribbons. Mr Sng remains a director of Mimax. It also announced that Spencer Lim Feng Boon had assumed the position of general manager52 words
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Article82 1994-03-26 7 Bernama KUALA LUMPUR Asia-Pacific Land Bhd is to sign a memorandum of understanding with Tamexco Ltd of Vietnam to form a joint-venture investment company to acquire a stake in a Vietnamese bank and undertake property development in Ho Chi Vlinh City. The joint venture. 70Bernama - 82 words
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Article70 1994-03-26 7 Bernama KUALA LUMPUR Berjaya Leisure Berhad said its eventual issued and paid-up share capital in Berjaya Universal Casino Management (HK) Ltd would be determined by the number of projects that BUCM undertakes in the future. In the meantime, the initial and paid-up share capital willBernama - 70 words
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Article85 1994-03-26 7 Bernama KUALA LUMPUR Ho Hup Construction Company Bhd's group operating profit rose 13 per cent to M 532.976 million (5519.2 million) for the year ended Dec 31 1993. despite a fall in turnover. Group operating profit before tax and extraordinary items but after interest onBernama - 85 words
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241 1994-03-26 7 SINGAPORE Guthrie GTS Ltd's wholly-owned Australian subsidiary. Guthrie Australia Pty Ltd, has launched a takeover ofler for Prests Ltd. an Australian listed company. In a statement yesterday, the board of Guthrie said the initial offer price of A 55.33 per share ex241 words
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Article474 1994-03-26 8 Catherine Ong - From Catherine Ong in HONGKONG THE ORIENT Overseas International (OOI) group, which went through one of the world's largest bail-outs in the mid-1980s, is back on solid ground and is paying shareholders the first dividend since 1985. The container shipping group reported net profit474 words
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282 1994-03-26 8 Bloomberg Business News, Reuter HONGKONG Sun Hung Kai Properties, one of Hongkong's largest real estate developers. said its net profit rose 30.9 per cent in its fiscal first half ended Dec 31, 1993. Buoyed by Hongkong's red-hot real estate market, theBloomberg Business News,; Reuter - 282 words
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260 1994-03-26 8 Maggie Ford - From Maggie Ford in JAKARTA INDONESIAN timber giant Barito Pacific lifted after taxprofit 288 per cent to 310 billion rupiah (SS22B million) and operating profit 134 per cent to 333.7 billion rupiah last year. Analysts attribute the rise to a jump260 words
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Article, Illustration52 1994-03-26 8 Reuter LONDON Minister of Transport Steven Norris launched the privatisation of London Transport's famous double-decker bus fleet on Thursday. Ten bus companies will be sold by the end of the year. Proceeds will be used by London Transport for investment in its bus and underground trainReuter - 52 words
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374 1994-03-26 8 Reuter NEW YORK IBM chief executive Louis Gerstner on Thursday unveiled "a road map for IBM in the mid-90s" that will reduce its dependence on mainframe computers and lead it into the fast-growing communications market. In a long-awaited meeting with analysts, theReuter - 374 words
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COMPANY BRIEFS
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Article95 1994-03-26 8 AFP TOKYO Japan's Nissho Iwai Corp and five state-owned Vietnamese firms have set up a joint venture in Vietnam that has already launched production of wood chips for paper and pulp, a spokesman said yesterday. The Danang-based joint venture, named Vijachip, was capitalised at US$l.67AFP - 95 words
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Article71 1994-03-26 8 Reuter MELBOURNE Australian steel and resources giant The Broken Hill Pty Co Ltd said a record profit from its minerals division helped lift net profit 25.8 per cent to A 5284.2 million (*****.9 million) in the 1993/94 third quarter. BHP shares surged following better than expectedReuter - 71 words
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95 1994-03-26 8 Bloomberg Business News MELBOURNE Foster's Brewing Group will reduce its debt by A 5245 million by cutting its stake in Beswick Pty Ltd, a holding company that is the largest shareholder of'diversified mining group Broken Hill Proprietary. The infusion of funds will come throughBloomberg Business News - 95 words
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Article96 1994-03-26 8 Bloomberg Business News LOS ANGELES Times Mirror Co said on Thursday it has bought Ehrlich Multimedia, a developer of custom-designed multimedia software, for undisclosed terms. Ehrlich specialises in CD-ROM products and has worked with organisations such as Business Week. Johnson Johnson, the American Museum ofBloomberg Business News - 96 words
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Article68 1994-03-26 8 Reuter TOKYO Department store operator Isetan Co Ltd will post special losses of 9.7 billion yen (*****.2 million) for the year to March 31 because of the liquidation of an overseas subsidiary, a spokesman said yesterday. The financially strapped Isetan International Finance BV in AmsterdamReuter - 68 words
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397 1994-03-26 8 Juliette Walker - By Juliette Walker SINGAPORE French telecommunications giant Alcatel has set up a new subsidiary to address Asia's growing demand for turn-key contractors who can guarantee the cost and completion date of a project. As regional telecommunications are being deregulated,397 words
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FINANCE
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406 1994-03-26 9 Paul Leo - By Paul Leo SINGAPORE The bull rally in bonds is over, declared Gerard Minnack, global economist at British financial futures company BZW Futures. But this is not a bear market either, he told clients at the BZW Global Futures Conference at406 words
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343 1994-03-26 9 IHT HONGKONG The fat days are over in the pricing of new Asian securities. Rising interest rates, falling stock prices, a deal backlog and a surfeit of existing paper are forcing companies raising funds to either sweeten their deals or work a lotIHT - 343 words
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SMALL CHANGE
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63 1994-03-26 9 Bernama KUALA LUMPUR Kwong Yik Bank Bhd, a member of the Maybank group, is lowering its base lending rate (BLR) by 0.35 point to 7.6 per cent effective March 28. Kwong Yik said its last revision to 7.95 per cent was on FebBernama - 63 words
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71 1994-03-26 9 Bernama HO CHI MINH CITY VID Public Bank, a 50 per cent-owned subsidiary of Public Bank Bhd, achieved profits within less than two years of its opening in Vietnam and was showing signs of greater business potential, general manager Chan Kok Choy said. ApprovalBernama - 71 words
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84 1994-03-26 9 Bloomberg Business News LONDON The number of foreign banks in London reached 514 last year, highlighting its status as an international financial centre, the Financial Times reported, citing a survey by financial consultant Noel Alexander Associates. It said there was growing banking activity inBloomberg Business News - 84 words
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67 1994-03-26 9 Bloomberg Business News TOKYO Department store chain Takashimaya will sell 20 billion yen (SS29B million) in seven-year "dual currency" bonds, said a manager at lead underwriter Nomura Securities. That means interest will be calculated in yen terms while interest payments and amortisation at maturity willBloomberg Business News - 67 words
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65 1994-03-26 9 Bloomberg Business News CANBERRA The Australian Treasury indicated that its plan to issue a 15-year fixed-interest bond before June 30 might be shelved. There is "a natural caution on our part in launching a 15-year benchmark... into the current volatile market," Peter McCray, directorBloomberg Business News - 65 words
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Article, Illustration74 1994-03-26 9 Reuter PHILADELPHIA Wilbur Pierce holding a "Bernhard Counterfeit" at a display of his Holocaust currency at his store here on March 11. "Money is a story," says Mr Pierce, a Philadelphia businessman who is a leading collector and dealer of money connected to the WWII slaughter of Jews.Reuter - 74 words
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344 1994-03-26 9 NYT TOKYO The governor of the Bank of Japan delivered a stern tongue-lashing on Thursday to Japan's battered commercial banks, criticising in stark terms their pack mentality, their inability to evaluate financial risks and their unwillingness to innovate in spite ofNYT - 344 words
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FINANCE & COMMODITIES
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415 1994-03-26 10 Reuter LONDON Growing populations and incomes in Asia's developing countries should help inject new life into the world's ailing wheat trade, grain experts said 011 Thursday. But no significant recovery would occur unless Russia and China, traditionally the biggest importers, resumed large-scaleReuter - 415 words
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214 1994-03-26 10 Reuter LONDON A tighter world sugar supply balance is emerging as production estimates in major producing countries look likely to be lower, trade house C Czarnikow said in its latest sugar review. "Production prospects have slipped further back in India. Thailand and Mexico withReuter - 214 words
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Article, Illustration53 1994-03-26 10 Reuter SYDNEY A new sterling silver Australian one dollar coin, encased in protective plastic, on display here yesterday. The coin design celebrates the replacement of the dollar note by the dollar coin and will sell to collectors for As3s (5539.55) at a coin fairReuter - 53 words
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280 1994-03-26 10 Reuter LONDON Coffee producers pledged on Thursday to stick to a pact restricting supplies to the market. The pact had been started to keep prices at levels which were nearly at five-year highs. But producers decided thai the plan had workedReuter - 280 words
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Article, Illustration431 1994-03-26 10 DBS weekly currency review LSS/Dm: bearish channel intact THE greenback tested the upper line of a bearish channel when it traded to a high of 1.7023 on Monday. The channel remained intact as the market fell quickly to a low of 1.6645 on Thursday. The431 words
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207 1994-03-26 10 Reuter BANGKOK This season's Thai sugar crop yield has risen to 100.79 kilogram/tonne of cane from the earlier projected 1(H). the state Cane and Sugar Board said. Latest data as of" March 21 for the whole of Thailand show that 36.39 million tonnesReuter - 207 words
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Article, Illustration184 1994-03-26 10 NEWS of increased tension on the North Korean front and reported inevitability of war caused a flurry of USS purchases yesterday, especially against the yen over the Far East lunch hour. The USS majors were, however, immediately sold back when trading resumed after lunch. The184 words
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Article194 1994-03-26 10 Bloomberg Business News LONDON The US dollar yesterday fell for the fifth straight day against a buoyant mark here on conccm that German interest rates will stay high for longer than people bargained for whilst German money supply keeps ballooning. At a Frankfurt conference, Bundesbank president Hans Tietmeyer saidBloomberg Business News - 194 words
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Article, Illustration1510 1994-03-26 10 /iutk'- HcwhU'J nuk's iitUtilaUtl a*am\i V'/w\ hf 14 nadm* iwrih iy tki*' %\w /W US$/S$ forward rates Noon Mar 2S Bid Oflcr I-month I SK04 I >)j|9 '-month I 5804 1 5814 3-month ***** I <8I«* 6-month ***** 1.5818 (X Hi Source: OCBC FOREIGN CURRENCY NOTE RATES As at Sim1,510 words
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183 1994-03-26 10 Bloomberg ENERGY REPORT LONDON Oil futures prices were steady yesterday in limited trade as the 12 oil ministers of the Organisation of Petroleum Exporting Countries held their first day of talks in Geneva, brokers said. After two closed-door sessions, ministers reached183 words
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Article83 1994-03-26 10 AFP NEW YORK The dollar continued to slip against other major currencies early yesterday. weakened by political tensions in North Korea and Mexico. At about 9:15 am (1415 GMT), the dollar was trading at 1.6605 marks, its lowest level since the end of October and down from 1.6690AFP - 83 words
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COMMODITIES & FUTURES
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1371 1994-03-26 11 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars futures ended steady yesterday. Dealers said Eurodollars faced short-covering after falling sharply on Thursday when US banks announced a rise in their prime rate. "Eurodollars traded within a range but the market sentiment is to sell on ralliesReuter - 1,371 words
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Article606 1994-03-26 11 COMMODITY REPORTS Tin TIN fell 22 sen to close at MS 14.46 per kg. due to losses in London overnight, after rising briefly on Thursday following a technical correction, traders said. "The metal fell back in line with a lower London market which606 words
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KNIGHT-RIDDER COMMODITY SUMMARY
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81 1994-03-26 11 GENEVA Nigerian Oil Minister Don Etiebet said yesterday that Opec is likely to cut its output ceiling by more than 5 per cent if non-Opec oil-pro-ducing countries agree to cut output. The minister said Opec should cut by a minimum of 581 words
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104 1994-03-26 11 SYDNEY The Australian wool market indicator rose to A 55.58 per kilogram clean this week, despite pressure from the largest offering since midFebruary. The indicator, which measures the price of the range of wools sold at auction, rose four cents per kilogram with good104 words
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126 1994-03-26 11 WASHINGTON A recovery in world lead prices is not expected before late summer, the start of the industrial battery-buying season, a base metals analyst said on Thursday. However, there is reason for guarded optimism. Cash lead prices ir London could be back up to 25126 words
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Article52 1994-03-26 11 CHICAGO Rice futures closed higher amid signs near-term lows are in place and evidence of stable nearby mill demand. Domestic demand appears solid if not particularly brisk, traders said. Bullish traders also were encouraged that new-crop November did not sink to a new-contract low for a52 words
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Article1485 1994-03-26 11 Rubber Singapore Commodity FicIimuci (futures dosing as at lpa) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Apr 94 152.50 152.50 154 00 2200 800 Mav 157.00 155.00 156.50 1525 2.900 Jun' 157.00 1050 7.075 Jul/Sep 158.00 2775 5.625 Oct/Dcc 158.75 26251,485 words
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REGIONAL STOCK MARKETS
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Article1123 1994-03-26 12 -18.2 The Australian stock market slipped lower at the close yesterday. dragged down by falls in futures on the back of weaker overseas markets. "People started to hedge against the weekend a little. They're worried about what the l!S might do (overnight)." one broker said of an afternoon sell-off1,123 words
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Article594 1994-03-26 12 +35.13 Share prices shot up at the close in a rally led by blue-chip issues on the day when the Philippines* two stock markets merged, dealers said. The rally was led by public utility Manila Electric Co and beer and food conglomerate San Miguel Corp. The PSE composite price594 words
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Article508 1994-03-26 12 +25.88 Taiwan stocks ended up after thin, narrow trade on late buying in financials. Sentiment was cautious amid concern that international environmental watchdog Cites may recommend trade sanctions against Taiwan. The weighted index rose 25.88 points to end at its intraday high of 5.352.87. Turnover shrank to NT536.12 billion508 words
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Article411 1994-03-26 12 -7.6 Seoul stocks closed lower paring earlier gains that emerged on rumours the government would announce boosting measures, brokers said. I he finance Ministry denied the government was contemplating any stimulating packages and the composite index closed down 7.6(1 points at 868.03. A total of 37.37 million shares changed411 words
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Article291 1994-03-26 12 -24.7 The New Zealand share market finished a lacklustre week on a weak note as selling in thin volume forced the market down 1.14 per cent at the close. Weakness in Wall Street and rises in local interest rates have weighed on sentiment. Brokers said selling was not291 words
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Article74 1994-03-26 12 -13.95 Stock prices ended down in a market whose confidence has been sapped by a ban on carry forward trade and a broker's default on payments, brokers said. The Bombay Stock Exchange 30-share index closed at a provisional 3.667.52. down 13.95 points. But the 100-share national index rose 4.4874 words
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WORLD STOCK MARKETS
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Article759 1994-03-26 12 Britannia Funds Sterling C ash Bid Offer Mim ap IVpoMl f*SH) Mini Jcr*e> < »iH 0 0 1*12 Mtm MJ\ Inknik •M»w l'S$ ash liKtmte Plui Fund 1«NI10 |0 <M PS S llnmc fund 5 Ml i .'NO Sterling Kquilt [uk) IVrtornuiKC il UM.M Far Ej-4 Fund 'IWD 'HTJO Man759 words
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Article594 1994-03-26 12 +7.3 Shares ended with slight gains after the index future came to the rescue in the last hour of trading yesterday. The June hTSE-100 future touched a premium of 14 points at one stage, triggering purchases of the cash stock, after trading at a discount for much of the594 words
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Article129 1994-03-26 12 -15.94 French shares finished the first day of the April account in negative territory after a morose session tracking bond futures. Although the market reduced its afternoon losses by the close, dealers said there was deep disappointment about French interest rates. The CAC-40 index ended down 15.94 points or129 words
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Article139 1994-03-26 12 -2.32 pc Swedish shares ended the week sharply lower as bond market yields jumped. Dealers said the focus on interest rates was total at the moment. The OMX-index fell 2.32 per cent to close at 1.100.61. having fallen below 1.100 several times, in moderate turnover of 1.9 billion crowns.139 words
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Article151 1994-03-26 12 1.46pc lhe 30-share DAX index ended at 2,130.06. down 1.46 per cent or 31.62 points on the day and oIT 14.30 points from Thurv day's post-bourse close. That was off an intraday high of 2.150.48. Weak DAX futures prices dragged the key indicator down late in the session. dealers151 words
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Article149 1994-03-26 12 •12.69 Belgian stocks were dragged lower along with most Luropean markets as US stocks failed to recover from a sharp fall Thursday night, analysts said. Worries about political instability in Mexico, plus concern about the impact of the Whitewater affair on President Bill Clinton and this week's increase in149 words
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Article230 1994-03-26 12 -1.26 Dutch shares ended a turbulent day only slightly weaker after earlier hitting three-month lows. Dealers said the rally, in line with London and a firmer New York market, had reinforced technical chart supports and the next move could be higher. The AEX index closed at 406.83 points, down230 words
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Article244 1994-03-26 12 -12.16 Swiss shares ended lower in line with other European bourses. But prices closed oIT their lows as investors took advantage of cheaper prices and the market recouped some of its earlylosses. The SMI index of leading shares ended 19.8 points lower at a final 2.831.0. but off an244 words
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Article314 1994-03-26 12 -105 Gold shares ran out of steam towards the close as investors long on shares squared positions ahead of the weekend, which dealers said would prove crucial to short-term direction. The industrial index finished 105 points lower at 5.869. the gold index made six points to 2,2153 and the314 words
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Article306 1994-03-26 12 -23.52 Toronto stocks plunged ear- ly as nervousness over rising interest rates prompted many investors to tlee the market, dealers said. Three major banks earlier today hiked their prime lending rates to 6.25 percent from 5.50 percent, effective Monday. The TSE 300 index fell 23.52 points to 4.546.13 on306 words
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Article810 1994-03-26 12 +2.3 The Dow Jones industrial average, which plunged 48.37 points on Thursday, was ahead 2.30 points to 3.823.39 around 11 am EST yesterday. The New York Stock Exchange composite index was ahead 0.36 to 258.32. while the S&P 500-stock index was up 0.51 to 464.86. Advances topped declines810 words
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Article, Illustration3123 1994-03-26 13 Reuter HONGKONG Stocks closed lower as investors speculating on a local interest rate hike took profits yesterday, brokers said. The blue-chip Hang Seng Index ended the day down 86.54 points, or 0.93 per cent, at 9,234.21, having been ahead by 91 points at one stage. It was virtually unchangedReuter; Source: Bridge Info - 3,123 words
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Article, Illustration568 1994-03-26 13 SHANGHAI B shares traded sluggishly as the CLSA B index ended 0.96 point lower at 741.78 yesterday. There was minimal activity in most counters while the more active ones traded within a 5 per cent range. Jinqiao was down 5 per cent on its 3-for-10 rights issue announcement. Steel568 words
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Article, Illustration2540 1994-03-26 13 Bloomberg Business News TOKYO Stocks declined yesterday on news reports of increased tension on the neighbouring Korean peninsula, which has the potential to destabilise the region, traders said. "Further tension in North Korea was reported and we saw some heavy selling," said Shigeru Akiba, branch manager at ÜBS Securities.Bloomberg Business News; Source: Bridge Info - 2,540 words
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Article, Illustration1829 1994-03-26 13 Reuter BANGKOK Thai stocks closed lower in volatile trade because of profit-taking yesterday, brokers said. The SET Index fell 6.74 points to close at 1,280.07. The index was highly volatile in the morning session, swinging in a range of more than 20 points. Turnover was a thin 5.6 billionReuter; Source: Bridge Info - 1,829 words
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Article, Illustration1168 1994-03-26 13 Reuter JAKARTA Share prices closed lower in slow trading yesterday with weaknesses in regional markets dampening local market sentiment, brokers said. The official index ended 3.34 points lower at 490.84. "The market opened firmer but weaknesses in the region prevented any solid recovery." one foreign dealer said. Barito PacificReuter; Source: Bridge Info - 1,168 words
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Article2697 1994-03-26 14 MOST ACTIVE volume Mulptu lull SV I<». 104IMMt haul Idllt H\«i SV iShlKI k.imuntinv; NK. J OJIMNNI (k'ikijI (><fp 4 2IOUUI UUHt UCT.MN Lfc-n Hue TSK4~> 2~4>(KK1 Mulli-I'iiipon f-jhci (triHip J #>44mm l.ihjn Hldys >tk. J MKvOOO Kcn«>n« BhJ MV ;:si(»»> LjnJiiuik> Bhd IVgi M-UJ I <*>7 (11*12,697 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration5917 1994-03-26 14 Bloomberg Business News KUALA LUMPUR Malaysia's market fell on the promise of tighter regulations from the stock exchange and expectations of large losses at the central bank yesterday, traders said. This led to a particularly sharp fall of 1.36 per cent on theBloomberg Business News; Source: Bridge Info - 5,917 words
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STOCK EXCHANGE OF SINGAPORE
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Article7137 1994-03-26 15 MAX BOARD Transaction date: Mar 25 ..-v.*. I tf Gi 1993/94 La,l Vol Day Latl Qvutr l)h Ui< YU Nd M (ap Hi«k In Company Sal* COOO) High Low Bayrr Seller Or S P/L Smil MDUSTRML AND COMMERCIAL 1440 260 l s Xcma 980 cd -20 2% 980 965 9757,137 words
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Article, Illustration1936 1994-03-26 16 Quak Hiang Whai - By Quak Hiang Whai SINGAPORE Dogged by lingering interest rate fears, a shaky Wall Street and tension in the Korean peninsula, the Singapore bourse eontinued to lose strength yesterday. Buying interest was also affected by cautiousness built up after Dow Jones' 1.7-per cent lossCharts by Bridge Info; Source: Bloomberg - 1,936 words
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Page 6 Advertisements
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Advertisement145 1994-03-26 6 NEWS VALUE How today 's news mtxht affect your stinks SIA to make $!0b plane order in next few months l) In keeping with its "youthful" image: positive for the iong term. Hongkong banks raise rates <pg D Expected. No impact. UOB's net profit surges 51.8 pc to $456 m145 words
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Page 7 Advertisements
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Advertisement237 1994-03-26 7 mn this Saturday and Sunday (26/3,27/3) from 9am 9pm, ptaasa Call *****60 (English) or *****90 (Mandarin) by using any telephone, you can get the real-time information lor any Shares in SES from anywhere and any time. Key-in your Account Number. Key your PIN Number I (3) If you Account Number237 words
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Page 8 Advertisements
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Advertisement848 1994-03-26 8 OVERSEA-CHINESE BANKING CORPORATION LIMITED 1 incorpofiim m tno mpuoiic o? Singapore) The Directors are pleased to announce the following:THE GROUP THE BANK 1993 1992 ♦/<-) 1993 1992 srooo srooo srooo srooo 1 AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1993 Interest income 1,649,090 1,682,487 (2.0) 1,330,023 1,360,692 (2.3) Less:848 words
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Page 9 Advertisements
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Advertisement106 1994-03-26 9 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX: 741-1298 VACANCIES FOR LEGAL ASSISTANTS Messrs Loo Partners invites applications for legal assistants to join its expanding departments as follows: 1. Litigation Department (experience in admiralty work will be an added advantage); 2. General Corporate and Banking Department (experience in handling listing applications,106 words
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Advertisement991 1994-03-26 9 (jire) SINGAPORE PETROLEUM COMPANY LIMITED (Incorporated in the Republic of Singapore) The Directors are pleased to advise the following audited results of the Croup and the Company for the year ended 31 December 1993 1) Profit and Loss Account for the year ended 31 December 1993 ($'000) THE GROUP THE991 words
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Page 11 Advertisements
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Advertisement241 1994-03-26 11 By GOH KHENG CHUAN Pint published Nov 1993 What makes this NEW HANDBOOK different from other investment books is that it includes a 5 year financial hlohHghfi on 162 fisted companies in Singapore and Malaysia. This invaluable information helps investors to pick quality stocks to invest and to avoid investing241 words
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Advertisement69 1994-03-26 11 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately.69 words
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Page 12 Advertisements
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Advertisement57 1994-03-26 12 SINGAPORE Business Times WE KNOW ASIA I ©•m•/' ss-. Address J Mail or fax this form to: Postal Code: ijjSfflftgj Customer Relations Section Circulation Department Singapore Press Holdings Limited 82 Genting Lane Occupation Fax Ski?jlijf £8? News Centre Singapore 1334 irsst u^il. :■v Sips m Tel: 1800-749 2577 Fax 74457 words
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Page 13 Advertisements
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Advertisement162 1994-03-26 13 Collection Primero automatic chronograph movement. I*. Non-reflecting sapphire glass. MM }M Water-resistant to 100 m or 50m. |*lj Available in gold, gold and steel or steel. 1 "/'J Above <t Beyond Pic Lid 1 Maritime Square *02-101 Expo Gateway Tel *****42. Cortina Watch Centre Pie Ltd 'y #01-36 Raffles City162 words
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Page 14 Advertisements
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Advertisement123 1994-03-26 14 w Jill HESSZSmH ih^H B| IB H/ Former*Mmrnni,pt—— csH —Hi H A«i« £«<* *o (s; pijßMfc—P 37-640 (14" Teletext) M 82-795/9 RP TOP(Nicam Stereo) ST 706SS/8 text (Nicam Stereo) E-72 911 TOP (Nicam Stereo) P 37-050 (Designed by FA Porsche) m gr B CfraM> a- mm mm m m m123 words
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Page 15 Advertisements
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Advertisement181 1994-03-26 15 The Zenith Rainbow CoDection El Primero automatic chronograph movement. Bf£ b rl-gt>- Non-reflecting sapphire glass. !s§S Water-resistant to 100 m or 50m. Mb ■^■■j "IflF-Wj Available in gold, gold and steel or steel. I ra Above Beyond Pic Lid 1 Maritime Square ****** Expo Gateway Tel *****42 Cortina Watch Centre181 words
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Page 16 Advertisements
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Advertisement59 1994-03-26 16 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 I Classified" s the place to locate a new owner for your trusty wheels. Drive home the message with a well placed ad in the Vehicles section of rjVNrn The Straits Classified. Call 737- I c.A Tff 1166 today. |737-1164 PLAY SMART Be part of59 words
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Advertisement65 1994-03-26 16 I NOTICE I 3 The Littlewoods Organisation (Asia) Pte Ltd B wishes to advise all its suppliers and other trade related associates that Mr N. C. I Roy, Passport No. L *****4 ceased to be in 3 itsemployasof 17th January 1994 and has no m authority whatsoever to represent himself65 words
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Advertisement123 1994-03-26 16 This announcement appears as a matter of record only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities. New Issue March 1994 US$ 750,000,000 Asian Development Bank 6.125% Global Bonds due 2004 IBJ International pic Salomon Brothers Inc Bank of Tokyo Capital Markets Limited123 words
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Advertisement109 1994-03-26 16 NOTICS OF FINAL MEETING THE COMPANIES ACT. CAP. 50 ON VOLUNTARY UQUIOATIOM NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act Cap 50. that the final meeting of Members of the abovenamed Company w* be held at lOt Upper Cross Street #05-14 People's Park Centre, Singapore 0105109 words
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Advertisement174 1994-03-26 16 KILN-DRY TIMBER SERVICE PTE LTD (la Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN thai pursuant to Section 308 (I) of the Companies Act. (Chapter 50) a final general meeting of the abovenamed company will be held on 26th April. 1994 at 10 30a.m. at the office of174 words
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ISEAS Trends
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Article, Illustration1128 1994-03-26 17 Johan Saravanamuttu - Johan Saravanamuttu analyses Malaysia's motivations for participating in UN peacekeeping operations Johan Saravanamuttu Dr Johan Saravanamuttu is a Professor in political science and Ik'an of the School of Social Sciences. L 'niversiti Sains Malaysia. Penang. LATELY, there has been an upbeat air about Malaysia's peacekeeping operations1,128 words
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Article, Illustration1397 1994-03-26 17 Shamsul A B,V Balasubramaniam - Shamsul A B and V Balasubramaniam look back on the history of political contradictions between the Sabah elite and that of the federal government in Kuala Lumpur Shamsul A B,V Balasubramaniam Professor Shamsul A B teaches polities and culture in i niversiti Kebangsaan Malaysia and I1,397 words
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913 1994-03-26 18 Russell Heng - Russell Heng examines the issue of the Singapore artist as a possible security threat Russell Heng A conference in Bali last December. which gathered some of the major universities and think tanks of the world, as well as South-east Asia, could not agree on913 words
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Article, Illustration1048 1994-03-26 18 Yao Souchou - Yao Souchou looks at the ambivalence towards the Western mass media by Asian states Yao Souchou l)r Yao Stnuhou a Research Fellow at IShAS TO say something good about television these days is to put one in moral deep water. What with the reportings1,048 words
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Article, Illustration1279 1994-03-26 18 Chiew Seen Kong - Chiew Seen Kong scans data from Singapore's 1970 and 1990 census and comes up with some curious findings Chiew Seen Kong Dr Chiew Seen Kong is a Senior Lecturer at the Department of Sociology, National University of Singapore, and is currently on sabbatical. THE term "generation" refers to1,279 words
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Article, Illustration1317 1994-03-26 19 Gerald Segal - Gerald Segal speculates on the next moves by Britain and China in the evolving Hongkong saga Gerald Segal /)r Herald Segal is a Senior Fellow at the International Institute for Strategic Studies in London, and Editor of The Pacific Review. CAN the headlines really be1,317 words
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Article, Illustration1144 1994-03-26 19 Kasian Tejapira - Why are ethnic Chinese in Thailand now taking a higher profile? Kasian Tejapira provides some answers Kasian Tejapira Dr Kasian Tejapira is a Lecturer in the Faculty of Political Science. Thammasat i niversitv. ONE night in September 1992, four months after an uprising of mobile phone-wielding1,144 words
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1027 1994-03-26 20 Joachim Matthes - By Joachim Matthes Dr Joachim Xiatthes is Professor of Sociology at the University of Erlangen, (Jermany, and currently a Visiting Fellow at IStL4S. SINCE Vietnam started its doi moi reform policy in the late 1980s, observers have been closely monitoring the transformation of the Vietnamese1,027 words
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Article, Illustration1384 1994-03-26 20 Ramesh Thakur - Ramesh Thakur compares India's economic liberalisation with China's Ramesh Thakur Dr Ramesh Thakur is Professor oj International Relations and Director oj Asian Studies at the University of Otago. Sew Zealand. He is author of the forthcoming hook The Politics and Economics1,384 words
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Advertisement235 1994-03-26 18 Trends A tnnht)i j»M»c«t»oa o< iht InMumt ot SouH»»« Aiun Studio Editors-in-chief S. Rajaratnam Chan Heng Chee Editor Derek da Cunha Associate Editor P. Lim Pui Huen Assistant Editor Ronald Kow International Advisory Committee Jose V. Abueva (Philippines) Stephen FitzGerald (Australia) Han Sung-Joo (Korea) Tommy T. B. Koh (Singapore) Mochtar235 words
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Page 20 Advertisements
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Advertisement134 1994-03-26 20 ISEAS' latest book problems by rising energy demand are now one the pressing Asia-Pacific. has sparkoptions to minimise energy-related environmental problems. I■VJI H 11 fl 1111 H I I As part of that debate, the IVI B fl l I I I I M I I |^H Institute of Southeast134 words
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Executive Lifestyle
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Article, Illustration1485 1994-03-26 21 Penelope Smith - Asian performances featured conspicuously at this year's Adelaide Festival. What was the response? Penelope Smith reports Penelope Smith The water is an Australian-based freelance jtmrnalist who contributed this article to h.xii utive Lifestyle THE CURTAIN has just fallen on the 1994 Adelaide Festival. The AsB.3 million event,1,485 words
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STRAWS IN THE WIND
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Article60 1994-03-26 21 SOME people really need to have their ears dug: a teenager rang up his father's office and got his ditsy secretary on the line, who insisted on knowing who was calling. "His son," replied the boy. "Hassan? How to spell?" "No, His Son," the boy tried to60 words
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Article39 1994-03-26 21 ALSO in need of a good eardigging: someone called the office and asked to speak to one of the reporters. Her colleague told the caller that she was on maternity leave. "What? Eternity leave?" asked the caller.39 words
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Article35 1994-03-26 21 DESPITE all its economic problems, Russia has an official unemployment rate of below 3 per cent. On being asked by a foreign visitor, "Where are the unemployed?", a local wit answered, "They're working."35 words
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Article56 1994-03-26 21 A COLLEAGUE who just got an answering machine at home received several calls one morning from someone who didn't leave a message. It turned out to be her mother. When asked why she didn't leave a message, mum replied: "You said you were not at home, so 156 words
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OPINIONS
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Article, Illustration702 1994-03-26 22 Jackie Sam - Jackie Sam discusses the new use many say misuse being made of Hongkong Stadium Jackie Sam The writer, a Hongkong-based journalist. contributed this commentary• to BT The expatriate community goes crazy this weekend. It is the annual two-day, seven-a-side rugby. Rugby Sevens for short. When beer is702 words
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Article, Illustration816 1994-03-26 22 Neville Stack - Neville Stack examines London's dilemma over its EU ties Neville Stack The writer is a political commentator based in London. He w rites regularly for BT. LIKE A general who changes sides in midbattle. then switches back again. Britain's Prime Minister John Major816 words
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Article314 1994-03-26 22 Elaine Swinn-Tan (Mrs - LETTERS TO THE EDITOR Elaine Swinn-Tan (Mrs) Head, Public Relations For Permanent Secretary Ministry' of Labour I REFER to the article "Using CPF money to invest in Transpae Industrial is a venture" (BT. March 18). There has been no change in the policy for314 words
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112 1994-03-26 22 Denis Distant - The GST not just 3 per cent more? Denis Distant AS THE GST implementation date nears. computers are busily churning out circular letters to alert consumers like insurance policy-holders and club members that their premiums and subscriptions will be subject to GST. However, one insurance company requires policy-hold-ers to complete112 words
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PROFILE
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Article, Illustration2558 1994-03-26 23 Margaret Thomas - S THE RAFFLES CONVERSATION The Archbishop of Canterbury, George Carey, took office with the declared mission of renewing and reinvigorating his church. He talks to Margaret Thomas about how this can be achieved, and what the church can learn from business about 'selling itsPhoto by Chris Loh - 2,558 words
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Article671 1994-03-26 23 WHEN George Carey was eight years old, he tried to steal chocolate bars from a box in a freight train. He was caught by a nightwatchman, and what he thought was a box of chocolate bars turned out to be a box of Bibles. His captor671 words
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Article613 1994-03-26 23 BUSINESS needs moral values. and the church needs some business values, argues George Carey. In his sermon at a Confederation of Business Industry service two years ago, the Archbishop said the ultimate purpose of industry was not to make money for its own sake. It was613 words
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PERSONAL FINANCE & INVESTMENT
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BULLS EYE
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Article, Illustration60 1994-03-26 24 Those polled on their views of the Singapore stock market for the week ahead: Baring Securities. Crosby Securities, Daiwa Securities Singapore. DBS Asset Management. Kim hng Securities. Somura Research Institute. OCBC Investment Research. Peregrine Securities. Phillip Securities. Schroder Securities. Smith \ew Court. II I Carr.60 words
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Article280 1994-03-26 24 Kim Eng Securities (Mar 24) Van der Horst. Excellent regional power play. Strong earnings growth in the next few years. Attractive valuation at 21x 1994 earnings and 16x 95 earnings. OCBC Investment Research Jurong Engineering. With its niche in power plant engineering, and as it goes for more lucrative280 words
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Article, Illustration156 1994-03-26 24 T A Securities Sdn Bhd The KLCI retraced 27.4 per cent from its peak at 1,314.46 on Jan 5, 1994 to its lowest closing at 954.18 on Mar 21. Volume transacted drifted from an average of 611 million shares in 4Q93 to a meagre 320Source: Bridge Info - 156 words
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Article, Illustration264 1994-03-26 24 Lim Eng Hai - Lim Eng Hai Head of research J M Sassoon Co n next few I months, we expect to A. see the Singapore market locked in a trading range with 2.000 on the STI Index being the low side and 2.400 the high side. Like all consolidations within264 words
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Article, Illustration1473 1994-03-26 24 Agnes Chen - Agnes Chen finds out which stocks fund managers are putting their money in Agnes Chen Stocks with good value are surfacing as the tide of hot money retreats from last year's bull markets. Brokers in the past few days have reported some buying1,473 words
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Article, Illustration810 1994-03-26 24 Agnes Chen - These companies will benefit most from the US recovery. Agnes Chen reports Agnes Chen IT'S BEEN said before in these pages, but bears repeating: "Growth is good for equities. Will somebody wake up to that?" Fund manager Madeleine Lee of Morgan Grenfell Investment810 words
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Article, Illustration425 1994-03-26 24 Chew Eng Han - CHART By Chew Eng Han The writer is assistant manager of investments with XTI C Income DESPITE having fallen substantially from their all-time highs, regional stock markets will probably continue to weaken in the medium term. The next push downwards will most likely beSource: Bloomberg - 425 words
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Article, Illustration1008 1994-03-26 25 Corinne Kerk - STOCK WATCH. By Corinne Kerk WITH the stock market still vulnerable to uncertainty, and the recent listing of several companies, diary and organiser manufacturer Nippecraft's initial public offering faces several challenges. But despite these, the main board aspirant has several fundamental factors inPicture by Arthur Lee - 1,008 words
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Article, Illustration825 1994-03-26 25 Rita Reif - Rita Reif on the largest collection of Presleyana ever to go under the hammer Rita Reif NYT IT'S HIP-SWIVELING time at the auctions. Over the next two months, Elvis Presley's persona will be recalled in music and memorabilia from Los Angeles toNYT - 825 words
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749 1994-03-26 25 Leslie Wayne - Leslie Wayne says the same fever that people catch at Sotheby's auctions is now affecting share buyers Leslie Wayne NYT IN THIS era. when companies come into this world in a flash and often haw a half-life of a few years, itNYT - 749 words
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938 1994-03-26 25 Deposit amount l-wk l-mth 3-mth 6-mth Deposit jniouiil l-wk l-itith 3-mth 6-mth Amex Bank nzs 44 444 44 3.0000 4.3750 4.3750 4.3750 CS S4MMM* Al \bove 3.0000 4.MX*) 4jdtm 4.5000 SS5.000 US$20,000 2.3750 2.6250 V0000 3 3750 Above US$150,000938 words
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TIME OFF
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Article, Illustration633 1994-03-26 26 Shahiron Sahari - The singer is also a songwriter, an active fundraiser and an avid softballer, reports Shahiron Sahari Shahiron Sahari Michael bolTON has been deseribed by at least one music magazine as an "authentic soul singer", and by others as a great interpreter of the old soul songs.633 words
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Article201 1994-03-26 26 A Night Out with Michael Chiang Presenting three short comedies by Michael Chiang: I ove and He/achan. Set in Singapore 19X5. single girl meets a single man at a singles parts, and the dynamics of modern romance are set in motion Beauty Ho\ takes a wicked look at the201 words
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Article481 1994-03-26 26 An Evening with Jose Carreras. that is. Considered one ol the greatest tenors around along with Luciano Pavarotti and Placido Domingo the tenor will he in town at the end of the month for a one night onl> performance. He will he hacked b\ the Singapore Symphony Orchestra led481 words
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Article47 1994-03-26 26 Star Seekers Take a journey to the stars and go beyond space to the edge of the universe. See how space probes, telescopes and satellites are being used to explore the heavens. 10 am and 3 pm at the Planetarium. Singapore Siicme Centre. Closed on Mondays.47 words
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Article, Illustration439 1994-03-26 26 First Singapore Dance Medicine Symposium Organised by The National Arts Council and the Dance Department of the Nanyang Academy of Fine Arts (Nafa). the symposium will include hands-on sessions to educate dancers on the special needs and care of their bodies during dance training. Apr V. V.439 words
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Article354 1994-03-26 26 A View from the Bridge Written by Arthur Miller and presented by Anglo Chinese Junior College Drama Club, the play is about honour lost and love destroyed. The play's central action revokes around the confrontation between Eddie's \iew of right and wrong and those who stand in354 words
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Article130 1994-03-26 26 Yasotha Muthusamy - Compiled by 1 Yasotha Muthusamy Sistic outlets are at Forum Galleria. Liang Court, Raffles City, Scotts. Specialists' Centre, Takashimaya. Cold Storage at Jelita, Promenade and World Trade Centre, and at the Indoor Stadium. Hotline: 348-5555. Ticket Charge outlets are at Metro stores, H'isma Atria, Centrepoint and Tangs. Hotline: 269-2929.130 words
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PEOPLE
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Article, Illustration237 1994-03-26 26 TWO INITIAL public offerings give investors the opportunity of opposite entry levels with varying risk. Nippecraft. a diary and organiser maker, is offering 60 million shares. Half are at a fixed price of 45 cents and the rest for tender at a minimum bidPhotos by Arthur Lee - 237 words
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ENTERTAINMENT
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Article, Illustration951 1994-03-26 27 Fionnuala Halligan - Fionnuala Halligan meets Lata Mangeshkar. the Indian playback artist who has recorded 40.000 songs in the last 51 years Fionnuala Halligan The writer is a Hongkong-based journalist who contributed this article to Executive Lifestyle LATA Mangeshkar. a tiny 64-year-old woman in a bright yellow sari,951 words
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Article, Illustration671 1994-03-26 27 SHAHIRON SAHARI - CD Review By SHAHIRON SAHARI BONNIE RAITT: Longing In Their Hearts After almost 25 years in the business, Bonnie Raitt finally achieved long overdue success when her last two albums, Nick Of Time (an apt name if there ever was one) and Luck Of The671 words
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Article454 1994-03-26 27 SUSAN TSANG - By SUSAN TSANG TAKE a quiet college teacher, new-ly-married to his pretty student, put them in a quiet New England town where they are lovingly restoring a Victorian house and hoping to fill it up with kids, and you get something too quiet by half to hold your454 words
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Article, Illustration687 1994-03-26 27 JAIME EE - Cinema Review By JAIME EE YOU KNOW what happens when you're in the company of old people they don't hear too well, they're cranky, and they love to tell stories hut take a long time to get to the punchline well, that pretty much sums up what687 words
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EPICURE
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Article, Illustration576 1994-03-26 30 HARISH MEHTA - Bon Appetit By HARISH MEHTA FOR SINGAPOREANS who boast of having brass-plated stomachs that allow them to dine on the fiercest fish head curry without flinching, prick up your ears, for Goan food is now in town. Goan cuisine is, quite simply, hotter than your average576 words
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Article, Illustration518 1994-03-26 30 JOYCELYN SHU - By JOYCELYN SHU WHFN a French chcf comes to Singapore from New York. \ou no doubt expect some hip French food, not Thai French food. But that's just what JeanCieorges Vongerichten of Vong and Jojo of New York fame has done in his518 words
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Article, Illustration564 1994-03-26 30 N K YONG - Wine By N K YONG BORDEAUX 1981. usually labelled as a "classic" Bordeaux vintage, remains one of the most neglected of the vintages in the 1980s. Broadbent calls it the "under-rated and under-val-ued" vintage. The 1980. 1984 and 1987 were not good, euphemistically labelled as average vintages,564 words
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SPORTS
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531 1994-03-26 33 Shahiron Sahari - Hongkong Invitation Rugby Sevens Reports by Shahiron Sahari in HONGKONG SOMEBODY, in the end. did the decent thing. Ho Ker Chern, who would have made his debut in the Hongkong Invitation Rugby Sevens today, decided yesterday to sacrifice his hardearned place531 words
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447 1994-03-26 33 HONGKONG If intentions alone could determine such things, seven-times champions Fiji look likely to make it eight by the time the 19th Hongkong Invitation Rugby Sevens tournament starting today comes to an end tomorrow evening. After having their threeyear reign ended unceremoniously447 words
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Article, Illustration1309 1994-03-26 33 Harish Mehta - Harish Mehta talks to cricket star-turned-author Imran Khan who is here this week for a short holiday Harish Mehta IF HE HAD ever wanted to, cricket star Imran Khan could have been a minister in Pakistan. or a star in a James Bond1,309 words
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SPORT SHORTS
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Article, Illustration43 1994-03-26 33 Reuter NEW YORK NBA Thursday: (home team in bold) Boston 123 Washington 117 (OT): New York 123 Minnesota 106: Houston 113 LA Lakers 107; Denver 113 Miami 101; Seattle 116 Phoenix 106: Golden State 114 Milwaukee 112: San Antonio 107 Sacramento 91.Reuter - 43 words
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Article, Illustration198 1994-03-26 33 AFP POME EDRA. Florida Players Championship golf tournament, first-round, Thursday: (USA unless stated) 63 Greg Norman (Auv tralia): 65 Colin Montgomcric (GB). JclT Maggcrt. Tom Kite. Lee Jan/en: 66 Fuzzy Zoellcr; 67 Jay IX*lsing. Dan Forsman. Nick Faldo (GB). Hal Sutton. Wayne Grady (Australia). Hale Irwin: 68 Dave BarrAFP - 198 words
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Article, Illustration158 1994-03-26 33 AFP NEW \ORK NHL Ihursday: (home team in bold) Boston 5 Anaheim 3: New .lerse> 2 Tampa Bay I: Philadelphia 4 Morula 3: Pittsburgh 5 Ottawa I: San Jose 2 lonmto I; Chicago 5 Montreal 5 (OT). Reuter BLFFALO. New Wk Six play- crs and an assistant coachAFP - 158 words
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Article, Illustration68 1994-03-26 33 AFP CHIBA. Japan Results in the world figure skating championships Friday: Women's singles technical programme: I. Yuka Sato (Japan) 0.5: 2. Surya Bonaly (France) 1.0: 3. Josce Chouinard (Canada) 1.5:4. Tanja Szcwc/cnko (Germany 2.0: 5. Marina Kielmann (Germany) 2.5: 6. Llena l.iashcnko (Ukraine) 3.0: 7. Olga Markova (Russia)AFP - 68 words
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Article, Illustration176 1994-03-26 33 AFP AFP NEW DELHI Jim Courier routed Zeeshan Ali 6-1. 6-1. 6-2 to gi\e the United States a 1-0 lead in their Da\is Cup first round tic here yesterday. The 492nd-ranked Ali had no answer for the power game of the world number four, going down tamely in justAFP - 176 words
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Article, Illustration1014 1994-03-26 34 A Home Of Onr Own. Kathy Bates is a mother of six who gets the brood to build a house in an Idaho field. Midnight tonight at Lido. Prince, Changi. 1 lam tomorrow at Changi. Attack Of The SO Foot Woman. Darryl Hannah gets abducted and returned by UFOs.1,014 words
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Page 21 Advertisements
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Advertisement62 1994-03-26 21 _raßßass The r<i±4*-±/ way of turning shares into V euX am /A* MONO LEONO HNANCE LMTEO IHWUWiHWm.IL—!■! *****33 *****33 ••/mm wmm y> J 1 /»l£ 'laPlSillj^illiiafliiaaaßßl^^^^^B^^^B^^^B I Available at Newsstands Times the Bookshops NTUC Supermarkets Guardian Pharmacy 7-Eleven STOP PRESS kiosks Browse I Buy at post-offices Shell Esso Cattex Mobil62 words
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Page 22 Advertisements
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Advertisement320 1994-03-26 22 Sound, Solid Secure -jfi: V 4. 'A P>W'4T j 3, iK|§pfcsS •*s'' Mffi T tMlt>. n jV*M i ,i- T*BWi> pftro Pqpotits ■—i—l Yes, we believe a substantial portion of your savings j 1 should be placed in investments which are Sound, Solid I The Asia Life CPF Approved Plans320 words
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Advertisement129 1994-03-26 22 •BI welcomes letters from >ou. Please address them to: The Kditor. Business l imes. 390 kirn Seng Rd, Sporeo923. Letters should include >our contact numbers. Introducing our most versatile power boat design The "Ceastwalker 37" series Readily adaptable very popular this design has been produced in many versions Police customs129 words
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Page 24 Advertisements
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Advertisement17 1994-03-26 24 ALL YOU NEED Newsletters ITO KNOW ABOUT PRODUCING Corporate Brochure YOUR NEXT BROCHUR£ Annual Report Sales Leaflets17 words
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Page 26 Advertisements
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Advertisement0 1994-03-26 26 <*}~}*->"%{<(}=}{{]*$[':[.?!`!@0 words
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Page 28 Advertisements
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Advertisement1192 1994-03-26 28 ADVERTISEMENT ®A new multi-storey Service Centre and Showroom for fIH permrmancG ivinfnrs ODfins s The $37-million Performance Centre at 315 Alexandra B H I I Kfll 11 I wßr wllw Road houses a bigger Showroom, a larger Training Centre wt H and a three-level Service Centre complete with the latest1,192 words
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Page 29 Advertisements
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Advertisement423 1994-03-26 29 ADVERTISEMENT ;e Motors opens $37-million ifMiiwd TRAININGiip"' We CENTRE# l J from Germany UfSH Technicians at the Service Centre are naturally well-trained to perform j i every task necessary to put the car back on the road. A resident engineer MH|B§l from Germany trains and acts to the technical staff.423 words
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Page 30 Advertisements
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Advertisement66 1994-03-26 30 OX T IF E TERRACE NO^_*^FN Tuesdav to Sunday from 7pm (I .1 :Jl 1 pm) I We are having a 'sott' launch with special prices serving wholesome Italian ic Mediterranean fares. Chef Angelo Sanelli For reservations please call 73S 29SS '.j 1: Jia«- r-m Ze'tg fioac. S.i"gapofe 0316 PIJVY66 words
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Advertisement37 1994-03-26 30 The Knowledgeable goes for the right media and the right company. Classified the people finder. if 1 ICATS.I THE STRArTS TWES THE SUNDAY TIkCS BUSINESS TIMES LIAfHE ZAOBAO UANHE WANBAO SHNMK OAI.Y NEWS BEWTA HABIAN BERITA MMGGU37 words
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Advertisement54 1994-03-26 30 \<)\\ I l\ I" VI mi \i:\\ w \ki:iioi si: .7 k't f i•• 4b' A Vjl r t S Showband I'd Ini miiiii: ninhl l\ ic\( rpl M«iwl.i**«i lot J dunk- ("> |>111 H pilll rn yc 1101 III! I ill Ink iH Hi k.|7 II Ic. tiling i.tHri54 words
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Advertisement101 1994-03-26 30 Jz Mi] A sumptuous and delightful spread of afternoon hi tea delicacies awaits you at the Cafe Aladdin. Choose from a variety of hot desserts fish or chicken porridge, siew mai, sotong balls, chicken wings, otak otak, pizza, fried rice and tempting kuehs. home-made pastries fresh fruits. All these and101 words
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Page 31 Advertisements
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Advertisement823 1994-03-26 31 NoUiing BeatsAßud, Bitiyfl where to wine, dine and entertain OK GENUINE TASTE OF ITALY. Come and dine at Pasta Fresca. Let our wide range of authentic Italian pasta, pizzas, ice-cream and cappuccino thrill you. And of course, don't miss our most-talked about dessert, Tiramisu. PASTA FRESCA DA SALVATORE PTE LTD823 words
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Advertisement389 1994-03-26 31 Savour South African dishes at Chatterbox from 15 to 2b March during the South African 'food Hint Promotion. H\th chefs specialty flown in from 'The Carlton, Johannesburg, you 're in for a mouth-watering treat. 'Don t miss it! Coffee Shop 15-2* March 94 ls ,i OOI Lunch 'Buffet \cV»n 10389 words
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Page 32 Advertisements
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Advertisement52 1994-03-26 32 THE NEW terrain nfl—nar The Power And The Glory HONG SEH MOTORS PTE LIMITED Head Office and Service Centre: a 10, Fourth Lok Yang Road Singapore 2262 Tel: 261 2555 Fax: 265 9595 a2j Showroom: 73. Bukit Timah Road #01-02. Tong Nam Building Singapore 0922 Ferrari Tel: 339 2111 Fax:52 words
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Page 33 Advertisements
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Advertisement200 1994-03-26 33 VITAL Investing on fundamentals or punting for a quick profit it pays to know about a Hh H H company before putting in your money. H I I Company Spotlight lets you gen up on hot stocks. It gives: Key information about the company, HH H H including its financial200 words
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Page 34 Miscellaneous
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Miscellaneous2532 1994-03-26 34 TODAY'S TV Documentary). (See Movies). tMiL'J I*l 6.00 The Miriam Stoppard 1.50 Close. Beauty Show >V. Bi>y The Kid, 2pm, SBC 5 Superstars Off Action, 4.30pm, (Documentary. Debut). r Val Kilmer, Duncan Regur $BC 5 0.30 and Michael Parks star in this The focus on Bruce Willis j'jq g 12(\D2,532 words
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