The Business Times, 28 March 1997

Microfilm: NL20864
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 023/12/96 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes FRIDAY, MARCH 28,1997
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  • Article
    MARKET SUMMARY
    28 1 ■film matt (-12.68) ■■I vr-su mm MUO (-8.30) nnrooHP M2M2.75 (-11.71) S»W (-11.81) |tfOClMA«gTllMCg njatamp NIKKEI WSJHlIS—-*UI i/Maon— mS^WP^1^ZZ>I5 i miaM Chop M»J i JMHL14 41M
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  • Article
    FINANCE
    51 1 n ilium 9 USt I 1.444 i SJK m -MM MM TEN III— UN LtM 1 ■t t MB I.MJI HUTT MM MM BDPIAH \m MO MB FB2MBBATB wummZl i«i I tut f mmum ww~i SYWEY CM TODO IM nwiwwjr* r-AM LONDON ~JU» j—rum 'Avtnpof 12baaJu. "Ftat (Source: NatWest
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  • Article
    KL denies reports of freeze in S'pore ties
    695 1  -  Diplomats and political observers in Malaysia baffled by denial From, Eddie Toh in Kuala Lumpur THE row between Malaysia and Singapore took an odd turn yesterday when the Malaysian government denied that it was freezing new bilateral dealings with Singapore. Acting Foreign
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  • Article, Illustration
    Lock icon Singapore markets vexed
    424 1  -  Local shares recoup bulk of early loss; dob-traded counters take a harder knock By\ Ven Sreenlvasan R Sivanithy [SINGAPORE] The Singapore stock market yesterday reflected the confusion over whether Malaysia had banned new deals with Singapore, with prices eventually closing lower across the board. In particular, Malaysian
    Source: Bloomberg  -  424 words
  • Article, Illustration
    Lock icon Bre-X CEO drops Busang bombshell
    280 1 Massive gold find may to flash in pan; uproar on Toronto exchange Reuter [TORONTO] The Busang mine in Indonesia that has been touted as the world's biggest gold discovery may be just a flash in the pan. David Walsh, chief executive of Calgary-based Bre-X Minerals
    Reuter; Source: Bloomberg  -  280 words
  • Article
    OCBC sweetens 17.2% profit rise with l-for-5 bonus
    413 1  -  By\ Siow Li Sen [SINGAPOREI OCBC Bank yesterday delighted investors with a one-for-five bonus issue on the back of better-than-ex-pected group net profit of $706.9 million for 1996, a rise of 17.2 per cent. A senior bank official told reporters "it was
    413 words
  • Article
    Bus fares may go up this year
    138 1 [SINGAPORE] Bus fares look set to rise this year, with Singapore Bus Service reporting yesterday that it lost money on its bus operations for the first time last year. At a press briefing on its financial results yesterday, Singßus chairman Wong Hung Khim
    138 words
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      Page 1 Advertisements Column 1
      123 1 ■bOi United Overseas Bank chairman Wee Cho Y*w expects group net profit to show double-digit growth this year. UOB has reported a 134 percent increase in 1906 net profit to $715.5 million, P|U •>] iv pg 11. A reorganisation undertaken in Ffcb last of the group should begin to show
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      Page 1 Advertisements Column 2
      5 1 More on Busang, Pg 3
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      Page 1 Advertisements Column 3
      84 1 More reports, Pg 2 Rvle.x Day-Date. Chronometer in 18 ct gold. Bezel and dial set with brilliant*. SINGAPORE THE HOUR GLASS Idkashimaya Shopping Centre Tel 734 2420 Scorn Tel 235 6527 Lucky Plaza Tel 733 1262 W Centrepont Tel 734 1 598 Peninsula Plaza Tel: 337 8309 *T* t I
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      Page 1 Advertisements Column 4
      15 1 OGBC strategic review paying off, Pg 11 Pi ufea tj boirtfor SBS results, Pg 12
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon S$ dips to 2-year low against US$, then recovers
      317 2  -  SXNGAFORE-KL ROW Volumes traded in both S$ and ringgit said to be double the daily average By\ Larry Wee THE Singapore dollar opened yesterday at a two-year low of 511.4525 against the greenback, and a two-and-a-half-year low against the ringgit of
      Source: Dow Jones  -  317 words
    • Article
      KTM cancels press conference
      213 2  -  By Diana Oon KERETAPI Tanah Melayu Bhd (KTM), Malaysia's railway authority, yesterday cancelled, an hour and a half before the event, a scheduled press conference to elaborate on the eviction of squatters in Singapore. A brief statement issued at 1.30pm yesterday said the press briefing, which
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    • Article
      SMEs visit Johor company to explore business opportunities
      267 2  -  ASHE hopes strain in STpore-KL ties can be resolved amicably w Tan Su Yen UNFAZED by the tension in Singapore-Malaysia ties, a group of 39 Singapore small and medium enterprises (SMEs) made a successful goodwill trip to a Johor company early this
      267 words
    • Article, Illustration
      Lock icon Australia, S'pore strengthen air links
      694 2  -  ffeettorearitlnmiw flights and greater freight capacity By Walton Morais AUSTRALIA and Singapore yesterday announced a new air services agreement that will boost passenger services and increase freight capacity in what prime ministers John Howard and Goh Chok Tong called a boost for economic links. Mr
      AFP  -  694 words
    • Article
      Handphone, pager sales seen soaring by 40-50%
      433 2  -  But prices expected U rise once special offer periods end By' Teh Hooi Ling TELECOMMUNICATIONS equipment dealers are expecting sales to soar by up to SO per cent in the next few months as a result of the liberalised telecoms market come April
      433 words
    • Article
      Free pager deal in Hutchison trial
      176 2 PARTICIPANTS of Hutchison Paging's soft trial will get to keep the trial pager for free, Hutchison IntraPage said in a statement yesterday. In addition, a special subscription package which gives savings of up to $128 will be offered to participants who decide to continue
      176 words
    • Article
      Supermarket prices up 0.6% in Q1
      84 2 PRICES at supermarkets edged up by 0.6 per cent in the first quarter of this year, the Consumers Association of Singapore (Case) found in its most recent survey. The Case Supermarket Goods Index rose to 98.6 in March, an increase of 0.6 point since
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      195 2 8 Sudjana Kerton "Makan Siang" 1982. oil on canvas. Estimate 5520,000 30,000 j.* I SALE OF IMPORTANT I I SOUTH EAST ASIAN PAINTINGS I ag Auction Saturday 29 March, 10.30 a.m. f*' j|g Viewing: Singapore, Thurs 27 Fri 28 March from 11.00 am to 7.00 pm at the S Royal
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Gold find fiasco may hurt Indonesia
      544 3 BUSAMO GOLD SAOA Official says latest twist will dent country's image; contracts on hold until firm submits report Reuter Bloomberg [JAKARTA] A senior Indonesian mining official said yesterday the latest twist in the Busang gold discovery saga could dent the country's image and possibly
      Reuter; Bloomberg; REUTER  -  544 words
    • Article
      Lock icon No clear sign of recovery yet, says Thai central bank
      328 3 BANGKOK Balance of payments swing? into deficit, foreign reuw'vwt down, mnrnifnrtnring Reuter THE Bank of Thailand said yesterday it still saw no clear signs of a turnaround of the country's economic slowdown despite moderate export growth in January. Central bank
      Reuter  -  328 words
    • Article
      Lock icon Hun Sen apologises to KL over Ariston issue
      174 3 MPHNOM PENH AFP CAMBODIA'S Second Prime Minister Hun Sen has written a letter to his Malaysian counterpart apologising for "domestic problems" which have "victimised" Malaysia's Ariston Bhd. In a March 17 letter to Malaysian Prime Minister Mahathir Mohamad, Mr Hun Sen suggested
      AFP  -  174 words
    • Article
      Lock icon Malaysia to build 11 more cybercities
      179 3 duxford.uk Plan is key to making lTsia a knowledge ..I ,i„ swaoty, says omaai Bernama MALAYSIA will build 11 more cybercities until the year 2010, a top official said yesterday. Mohamed Arif Nun, chief operating officer of the Multimedia Development Corporation International (MDCI), said
      Bernama  -  179 words
    • Article
      Lock icon Viet banking revamp delayed
      74 3 HANOI Reuter VIETNAM said yesterday it had delayed a scheduled revamp of banking laws to allow time to fix existing problems in an industry whose woes, one official said, evoked the failed savings schemes that brought chaos to Albania. The National Assembly office said draft legislation
      Reuter  -  74 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      141 3 hi £$smtp •v, ipipvC^ 't V JjPki J f -<r I a formal education even when you can't class. i- Ifs caSed Tete-Educator a muSimed*® conceot mat turns me e^e I pianet «rto a Yoj can ta*e copses ccnouct research, or I 9 ever- *tKk te«an3 a degree a? ncrrve.
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon HK property shares plunge on govt move to curb prices
      371 4 HONGKONG Developers, analysts say new measures are inappropriate and may not work Bloomberg [HONGKONG] Hongkong property shares yesterday posted their biggest drop in more than a year after the government imposed new measures to curb rising real estate prices, a
      Bloomberg  -  371 words
    • Article, Illustration
      Smooth handover good for China's stature: Gingrich
      350 4  -  HONGKONG How transition is managed critical to US ties, he says By] Loh Hui Yin A SMOOTH handover of Hongkong with China honouring all its commitments would benefit not only the Chinese economy but also enhance China's stature in the international community, said
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    • Article
      Lock icon Foreign banks start yuan trade
      118 4 SHANGHAI AFP CHINA'S coveted local currency business opened to foreign bank branches yesterday in an experiment in Shanghai's Pudong New Area development zone, news reports said. The Liberation Daily, Wenhui 800 and Shanghai Securities News daily said Hongkong and Shanghai Banking Corp and Industrial Bank
      AFP  -  118 words
    • Article
      Lock icon Tung slammed for praising red chip firm
      245 4 HONGKONG Reuter HONGKONG'S future leader Tung Chee-hwa drew criticism yesterday after praising a "red chip" company, a firm with China ties that is listed in the territory. Shanghai-born Mr Tung, a former shipping tycoon, laud.ed a Hongkong-listed Shanghai company in a speech to
      Reuter  -  245 words
  • Page 4 Advertisements
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      1289 4 I OoCBCM I OVERSEA-CHINESE BANKING CORPORATION LIMITED I (Incorporated In the Republic of Singapore) I The Directors are pleased to announce the following I 1 AUDITED RESULTS FOR THE YEAR I ENDED 31 DECEMBER 1996 I THE GROUP THE BANK I 1996 1995 1996 1995 I SS'OOO SS'OOO SS'OOO SS'OOO
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      8 4 ÜB-Sino ties: symbol and substance, Editorial, Pg 10
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  • FOCUS
    • Article, Illustration
      Lock icon Big boss of the Bombay exchange
      1810 5  -  The feisty Bombay Stock Exchange president Madan Gopal Damani talks to TIERAM KHANNA about issues relating to stock investments in India VIKRAM KHAMNA Q: What brings you to Singapore? I ESPECIALLY wanted to study the functioning of Simex, because we are going to introduce
      ERIC CHU  -  1,810 words
  • Page 5 Advertisements
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      977 5 SEMBAWANG CORPORATION LIMITED (Incorporated in the Republic of Singapore) The Directors of Sembawang Corporation Limited are pleaaed to announce the following unaudited results of the Company and the Group for the yeer ended 31 December 1996: GROUP COMPANY srooo srooo 1996 1995 1996 1995 Turnover 1,502,288 1.198.152 25.4 346,076 303,586
      977 words
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  • ASIA
    • Article
      Lock icon Seoul to stem rumours about bankruptcies
      418 6 SEOUL Several Korean firms complain that they have been hurt by groundless talk Bloomberg SOUTH Korean financial authorities will move to stem increased speculation about corporate bankruptcies, sparked by the collapse of two leading conglomerates, or chaebol, this year. Several companies complained that rumours
      Bloomberg  -  418 words
    • Article, Illustration
      Lock icon Australia threatened to cut aid, says outgoing PNG PM
      274 6 PORT MORESBY Mercenary affair caused great damage to Aussie ties, he says AFP JULIUS Chan, who stepped down as Papua New Guinea's prime minster following a military rebellion over the hiring of mercenaries, yesterday said that Australia had threatened to cut
      AFP; REUTER  -  274 words
    • Article
      Lock icon Millions hidden by Hanbo family found
      257 6 SEOUL AFP SOUTH Korean prosecutors said yesterday that they have uncovered hundreds of millions of dollars in assets hidden by the Hanbo conglomerate's controlling family. "Chung Bo Keun is now under questioning. We plan to take out an arrest warrant on him, possibly today,"
      AFP  -  257 words
    • Article
      Lock icon Ex-head of credit union jailed for illegal loans to politician
      213 6 TOKYO AFP THE former head of a failed credit union was sentenced to three years and four months in prison yesterday over an illegal loan scandal involving a former Japanese labour minister, court officials said. The Tokyo District Court passed
      AFP  -  213 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      1457 6 Mhwa hong corporation limited (Incorporated in the Republic of Singapore) Full Year Financial Statement And Dividend Announcement Full-year financial statement on consolidated results for the year ended 31 December 1996. These figures have not been audited. Lastest year to Previous year to 31 December 1996 31 December 1995 Increase/ SS'OOO
      1,457 words
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      Page 6 Advertisements Column 2
      57 6 |The£loser You Look, H i etter J^| ItC i pB f w reservations piease contact Sum City Mold of SHS Toll Free Reservations '"«->•"» HonqKonq 800-856.'' Indonesia 001 800 65 7(25 Malaysia 800 11M 513fT1 Ojly Vfolcl Singapore 734 3757 Taiwan 00 80 65 10 95 IH tt-?i ?474)i?3 Fji
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      Page 6 Advertisements Column 3
      83 6 Loosen up LIGHTEN up Learn How Aaah there's nothing quite like a Thai Massage to ge< that totally relaxed, floating feeling. Let our trained therapists ease the tension of your stressed out body. Hot or Cold Spa Pools. Steam or Sauna. Health Bar or Movie Theatrette. Name your pleasure we
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  • THE WORLD
    • Article
      Lock icon WTO on a roll: US$ 500b IT agreement clinched
      510 7 GENEVA Thirty-nine nations representing 93% of trade in IT products agree to scrap tariffs Reuter TRADE superpowers and developing nations clinched a sweeping US$5OO billion (Ss72o billion) deal on Wednesday to scrap tariffs on information technology products in a big boost
      Reuter  -  510 words
    • Article
      Rising US$ seen stoking US-Japan trade tensions
      438 7  -  TOKYO Tokyo accused of manipulating yen's value to lift exports By Anthony Rowley RENEWED warnings by United States officials and businessmen that Japan should not try to export its way out of recession failed to impress currency markets in Tokyo yesterday. But with
      438 words
    • Article, Illustration
      Things mill go wrong even in the safest of situations
      812 7  -  BmoPßiimv Instructive tales from bank* that tail By Kevin Sullivan The writer is a Spain-based journalist who contributes to BT A BIG bank, a Baltic power station, and a bar of chocolate; the week is awash with instructive tales. The
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    • Article, Illustration
      Lock icon Russians on strike over late wages
      245 7 MOSCOW AFP TENS of thousands of people took to the streets in the cities of Russia's Far East as part of a one-day national strike called to demand payment of wage arrears, Itar-Tass reported. Some 150,000 demonstrated in the Primorye region and 90,000 in
      AFP  -  245 words
    • Article
      Lock icon US February home resales jump 9%
      256 7 WASHINGTON Bloomberg US HOME resales soared in February, bolstered by unusually mild weather and continued job creation, industry figures showed yesterday. Resales rose 9 per cent last month to an annual rate of 4.26 million, the second highest level on record, according to the
      Bloomberg  -  256 words
    • Article
      Lock icon OECD investment pact delayed
      268 7 PARIS Reuter NEGOTIATORS trying to hammer out a "treaty" to lilt foreign investment restrictions across the 29 OECD countries said on Wednesday they would fail to meet a May deadline and were now aiming for the year end. Frans Engering, chairman of talks on what would
      Reuter  -  268 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      180 7 I Changi Sailing Club's I OPEN HOUSE I 29th 30 th MARCH, 1997 L—l I (Sat Sun) Is I I 12 noon till spm I I BOAT SHOWS 1 I FRESH AIR 1 I SL SEA 1 BOAT RIDES Changi Sailing Club enjoys a 1 1 FREE BALLOONS private seafront
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Masterpieces from the Mekong
      934 8  -  Art from Vietnam is finding its way here, writes ben munroe BEN MUNROE The current exhibition of Vietnamese artist Van Duong Thanh's work at Shenn's Fine Art is only the latest in a series of shows featuring painters from Vietnam to be held in Singapore over
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      1110 8 < J2>imiied (Incorporated in Mm RapuMc at Singapore) The Directors of Prima Limited are pleased to make the following announcement:* UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1996 The Company The Group 31.12.96 31.12.95 31.12.96 31.12.95 Company Group SS'OOO SS'OOO 1 <e) Turnover sm MM *****6 MML 93 56
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      202 9 Where to wine, dine and entertain Et tu Huberte? A conspiracy is afoot. Ihe Ides of March resound with the sound of hlade on spinning grindstone. Bccause on 1 April the Huhertus Grill will lose its doors forever. So I come, join the conspirators, connoisseurs and hon viveurs for the
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      Page 9 Advertisements Column 2
      93 9 /urn p house PORRIDGE TREATS FOR SUPPER ADULT $11.00+++ CHILD S7.oo+++ Sunday to Friday 10.00pm to 3.00 am Saturday and Eve of Public Holidays 10.00pm to 4.00 am Ala-Carte available for supper Mi APOLLO HOTEL SINGAPORE «o» mjvclock ao*a ungvom am rtt uimi raiM*. M)iw nui n i»oft cmu akuo
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      Page 9 Advertisements Column 3
      137 9 I "Let's Dine At The Pool Terrace Restaurant..." Dining at the Royal Holiday Inn Crowne Plaza takes on a decidedly relaxed tone. Any time of the day, all day, everyday... With an enticing breakfast menu, an excellent dinner menu offering seafood and steaks, and an all-day selection of choice snacks.
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      Page 9 Advertisements Column 4
      45 9 SINGAPORE BUSINESS Giving you the winning edge Irish eyes are smiling at t lie I mper ia 1' s Hilltop. rmumn ill II hoi ad\erti>ement details on Wine, Dine and Entertain, please call Adeline (ioh al 74() 22 I 2 ff# WffP Singapore Press Holdings
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      Page 9 Advertisements Column 5
      87 9 BiGGEST Dian Kin Restaurant At The Neptune on shenton Way Dian Xin/Lunch 11 /rr\ /-ri 11.30am-2.50pm th, fiß i 7th floor, overseas union house. COLTER (XIAY. SINGAPORE *****1. fEI: 224 3922 I How, for JUS*- $K.tS>-»-4- per f«rJOH, you C«H U«lf yourKlf fo Hv« RuWefr ftveMttlASf. If'l SUI«ffUOUS Sfr«A> Vk*V
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  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      747 9 TV&RADIO Movie 8 Seconds (See 2.00 Pentas Jumaat. Bl Our Choice). 3J30 Sinar Zaman. •.00 AM Good Friday Special: 2.40 Holiday Variety Special: 440 Baba dan Nyonya. Mouse Soup (Children). Boyz II Men Live at the 420 Pintar kira. 1 §30 Good Friday Special: Un- Alamodome. CSO Di mana Joe
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    • Miscellaneous
      Page 9 Miscellaneous Column 2
      147 9 CRYPTIC CROSSWORD 31 Education in the past (7,6) DOWN oc 15Rule not all foreigners observe VUfIUtOAFSSOUJIKNV 2 Sainted characters causing de- (5) o tu S j 16 She has to go on after bad start 3 This country s made royalty (S > anrß B BpHglirßlp popular (4) rTwrrßvwrwTwfwTWTi 4
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  • EDITORIAL & OPINION
    • Article, Illustration
      Monetary policy: the S'pore lesson
      750 10  -  THE BOTTOM LOVE OPINION By Vikram Khanna The writer is BT's regional economics editor THE speech by Finance Minister Richard Hu at the Economic Society Of Singapore Annual Dinner last Saturday was one of the clearest statements you'll see anywhere about how Singapore conducts its
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    • Article
      IN OTHER WORDS
      128 10 'Definitely people tend to stick with their own. One of the things that moved people out of their racial group was the sports team.' -Ninaßevoyr novelist of Japanese and Polish American descent, on US racial politics. 4 Any idea that you should, for your own security and
      128 words
    • Article
      US-Sino ties: symbol and substance
      637 10 EDITORIAL IF goodwill visits alone constitute diplomacy, the current East Asian travels of two American dignitaries —VicePresident A 1 Gore and House of Representatives Speaker Newt Gingrich —should restore harmony and confidence to Washington's relations with Beijing. Let no one doubt the intention. Mr Gore's
      637 words
    • Article, Illustration
      Lock icon Euro's future clout
      1007 10 EMU will affect the global monetary system but pundits disagree on howmnch and how fast The Economist IF YOU live in Europe, economic and monetary union is an impossible subject to avoid. Debates about its timing, membership and prospects make headlines almost daily. Yet outside Europe, EMU
      The Economist; FILE PHOTO; Source:  -  1,007 words
    • Article
      WHAT THE OTHERS SAY
      819 10 < Solleltar-ln-eklar la China US Vice-President A 1 Gore has gone to China at a time when both the president he serves and the administration in which he works are being battered at every turn for their complicity in a fundraising scandal that has raised the
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  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      22 10 DOOHESBURY By Garry Trudeau iSca-new?IIrisTBM,I 1 |B 1? m/K^ r^^\ecKs\ mfWMtUHA7\jACK<FRM% I /TCQNT M M YtXMAtJv/l SOMeTHIN6V&ty\ I'M NOT AWHAT*\#MTA PAL I
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  • COMAPNIES & MARKETS
    • Article, Illustration
      Lock icon UOB posts 13.1% rise in 1996 net profit to $715.5 m
      638 11  -  Higher income from lending activities and fee-based advisory business By I Catherine Ong [SINGAPORE] United Overseas Bank chairman Wee Cho Yaw expects group net profit to rise by double digits again this year after a 13.1 per cent increase
      CHRIS LOH  -  638 words
    • Article
      OCBC surprises analysts with strong results, loans growth
      343 11  -  Performance points to benefits of OCBC 2000 strategy By\ Siow Li Sen [SINGAPORE] If its performance last year is anything to go by, the OCBC banking group is beginning to reap the results of OCBC 2000, its strategic blueprint for the future.
      343 words
    • Article
      The Jumabhoys should cash out and set Scotts free
      600 11  -  HOCK LOCK SIEW Conrad Raj THE recent censure by the Stock Exchange of Singapore of several of the founding Jumabhoys of Scotts Holdings marks another chapter in the long saga that has weighed heavy on the company. Their continued presence on
      600 words
    • Article
      SembCorp earnings fall 25% despite higher turnover
      513 11  -  $30.2 m profit well below consensus forecast of $38.4 m By I Conrad Raj [SINGAPORE] Sembawang Corporation, hurt by a doubling in interest costs, higher depreciation and taxation and a poor shiprepair market, posted group net earnings for the year ended Dec 31
      513 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article
        SBS profit above forecasts, helped by condo project
        434 12  -  Earning dip 3% to $66.4 m compared with expected 15% By I Christopher Tan [SINGAPORE] A sizeable contribution from its first residential project helped Singapore Bus Service turn in full-year results that were above expectations. Net earnings at $65.4 million were 3
        434 words
      • Article
        Goldtron fares better than expected with 2% profit fall
        201 12 [SINGAPORE] Electronics subcontractor Goldtron Ltd fared better than expected with a 2 per cent drop in net profit to $22.7 million for the year ended Dec 31,1996. Analysts polled in The Estimate Directory had forecast a 13 per cent fall in
        201 words
      • Article
        JC-MPH to cut Boustead stake
        148 12 [SINGAPORE] Jack ChiaMPH has agreed to sell 39.3 million shares in Boustead pic to Diamond Ace Ltd (DAL) for £8.5 million (5519.9 million), the company said yesterday. The sale of 39.3 million shares of one penny each in Boustead will be transacted at 21.75 pence
        148 words
      • Article
        Strong properly sales lift Liang Court
        306 12 [SINGAPORE] Strong property sales saw Liang Court Holdings posting a 12 per cent rise in group net earnings to $14.99 million for 1996. Deputy chairman Koh Boon Hwee said this came despite 1996 being a difficult year for the property business "not just in
        306 words
      • Article
        SPC reports 1.5% rise in net gain
        151 12 [SINGAPORE] Singapore Petroleum Company (SPC) yesterday reported net earnings of $26.91 million for the full year ended Dec 31, up 1.5 per cent from previously. Turnover for the year was $1.91 billion, up 5.5 per cent. But pre-tax profit rose nearly 46 per
        151 words
      • Article, Illustration
        Lock icon Equatorial Hotel to close this year
        435 12  -  LKN awaits approval from authorities to convert landmark to condo development By, Jenny Lam [SINGAPORE] Equatorial Hotel will close later this year to be redeveloped into a condominium. Its owner, Lim Kah Ngam, announced this yesterday when it reported a 4.8 per cent rise
        FILE PHOTO  -  435 words
      • CORPORATE RESULTS
        • Article
          Coooo gain falls 81% despite sales surge
          61 12 COSCO Investment's net earnings plunged 81 per cent to just under $3 million for the foil year ended Dec 31, despite a 46 per cent rise in group turnover to $444.8 million. Cosco I attributed its poor performance to reduced levels of ship
          61 words
        • Article
          Prima profit improves 12% to $ 13.8m
          62 12 Prima profit improves 12% to 13.8m FLOUR-MILLER Prima Ltd's net earnings rose 12.2 per cent to $13.8 million. Turnover climbed 5.6 per cent to $130.3 million despite a 10.7 per cent drop in grain-milling 7 activity to $67.04 million. Earnings per share went up 12.2 per cent to 36.8 cents.
          62 words
        • Article
          Big dent in SNP earnings
          58 12 SNP Corporation saw a 79 par cent drop in net earnings to j $723,000 for 1996. Turnover increased 5.6 per cent to $81.15 million. Earnings per share based on existing share capital 'i fell from 6.1 cents to 1.3 cents. Net tangible asset backing jj
          58 words
        • Article
          Nobel betters performance
          50 12 SESD AQ-LISTED Nobel Design Holdings posted a 25.5 per cent rise in group net earnings to 12.63 million for the year. The higher profit was achieved on a 29.7 per cent higher group turnover of $38.38 million. Earnings per share rose from 2.62 cents to 3.22 cents.
          50 words
        • Article
          Wepeo plunges into the red
          67 12 WEPCO Ltd reported a net loss of $1.7 million for 1996, a sharp drop from the $348,000 profit it made the previous -i year. Sales fell 18 per cent to $20 million, while net tangible assets per share dropped 8.4 cents to 40.48 cents. Loss
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        • Article
          Singapore Re improves results
          54 12 SINGAPORE Reinsurance Corporation saw a net profit increase of 6.5 per cent to $10.2 million. Its turnover increased by 3.2 per cent to $84.7 million. Net earnings per i share, however, fell 6.1 per cent to 14.7 cents, while net tangible assets per share dropped 1.3
          54 words
        • Article
          Singatronics slashes losses to $1.5m
          70 12 ELECTRONICS contractor Singatronlcs recorded a net loss of $1.5 million, but this is 71 per cent smaller than the $5.1 million loss reported the year before. Turnover for the group dropped 53 per cent to $42.9 million. The group also t reported a fell in
          70 words
        • Article
          Berger earnings dive 49% to $2.5m
          58 12 PAINT MAKER Berger International saw a 49.5 per cent decrease in earnings to $2.5 million last year. Turnover, however, rose by 18.6 per cent to $130.3 million. Earnings per share for the group fell 2.38 cents to 2.43 cents, although > net tangible asset
          58 words
      • Article
        Inno-Pacific loss triples to $12.7 m; turnover falls 61%
        314 13  -  It expects this year's prospects to improve after completion of rationalisation plan By\ R Sivanithy [SINGAPORE] Trading and food group Inno-Pacific Holdings yesterday reported a poor set of results for the year ended Dec 31 after-tax loss rose 191 per cent
        314 words
      • Article
        Electronic Resources profit up 54%
        292 13 [SINGAPORE] Sesdaq-listed Electronic Resources Ltd yesterday reported a 54 per cent rise in net earnings for full year 1996 and said it was raising $126.9 million through a proposed one-for-two rights issue. The rights issue will produce up to 98.2 million new shares at $1.30
        292 words
      • Article, Illustration
        Lock icon Lum Chang interim profit jumps three-fold
        232 13 [SINGAPORE] Property and construction group Lum Chang Holdings yesterday reported a near three-fold rise in interim net profit to $8.9 million from $3.1 million previously. Earnings were boosted mainly by recognition of profits from the group's Emerald Garden condo project in Chinatown. Turnover jumped
        FILE PHOTO  -  232 words
      • Article
        Kay Hian posts flat earnings of $42.8 m
        200 13  -  By' Tan Su Ten [SINGAPORE] Broking house Kay Hian Holdings performed marginally better last year than the year before, registering net profits of $42.8 million. 0.4 per cent higher than 1995. This was achieved on a turnover of $121.7 million, which was
        200 words
      • Article
        Alliance Tech turns around with net profit of $ 1.8m
        248 13  - Alliance Tech turns around with net profit of 1.8m By( Clarissa Tan [SINGAPORE] Theme park developer Alliance Technology and Development yesterday posted a net profit of $1.8 million for 19%, a turnaround from its $7.7 miUion loss the previous year. Turnover shot up 69 per cent to $38.5 million. The
        248 words
      • Article
        Straits Trading gets $ 13.5 m more for Gallop site
        266 13 Straits Trading gets 13.5 m more for Gallop site [SINGAPORE] Straits Trading Company (STC) has received an additional compensation of $13.54 million from the Land Office for the acquisition of part of its Gallop Road site by the government in 1990. The amount is in addition to compensation of $13.66
        266 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon EON posts record group pre-tax profit of M$ 704m
        181 14 Bernama (PETALING JAYA] Edaran Otomobil Nasional Bhd (EON) reported a record group pretax profit of M 5704.1 million (*****.8 million) for the year ended Dec 31,1996, up 32.3 per pent from M 5532 million previously. Group turnover rose to Ms 7
        Bernama  -  181 words
      • Article, Illustration
        Lock icon Daimler roars back to profit path
        490 14 Ana^ststaknabick soars to 2£b marks from a 5.7b mark tan Reuter [FRANKFURT] German industrial giant Daimler-Benz AG announced on Wednesday a convincing return to profitability in 1996 after posting the largest loss in German corporate history in 1995. Daimler said in a brief statement
        Reuter; FILE PHOTO  -  490 words
      • Article
        Norwegian group seeks SES listing
        425 14  -  Telecom group Nera sees secondary listing as a way to raise S'pore profile By\ Catherine Ong [SINGAPORE] Nera. a leading Norwegian telecommunications group with a regional marketing office and factory in Singapore, is seeking a secondary listing on the Singapore stock exchange. Executive chairman Frode
        425 words
      • Article, Illustration
        Lock icon 5% block of Fairfax crossed; seller said to be Conrad Black
        318 14 Bloomberg [SYDNEY] Almost 5 per cent of John Fairfax Holdings changed hands yesterday amid speculation that Conrad Black's Hollinger sold its remaining stake in the Australian newspaper publisher. "The word's out and it's pretty strong that it's Conrad Black
        Bloomberg  -  318 words
      • Article
        Lock icon Olympic Stadium offer a flop
        267 14 Anssie investors give cold shoulder to A5364.4m float Reuter [SYDNEY] The consortium building the Sydney 2000 Olympics stadium closed the books on an innovative financing scheme yesterday and left its underwriters the task of making up a massive funding shortfall. Stadium Australia has been left
        Reuter  -  267 words
      • Article
        Lock icon Auditors doubtful on TWA
        144 14 Bloomberg [ST LOUIS] Trans World Airline Inc said its auditors expressed reservations about the airline's "ability to continue as a going concern". KPMG Peat Marwick delivered the qualified opinion on TWA's financial statements for the year ended Dec 31, TWA said. The statements and opinion will
        Bloomberg  -  144 words
      • Article
        Lock icon US tech stocks up on better prospects
        274 14 Itaying opportunities after month-long dectinee analysts Reuter [PALO ALTO, California! After a month-long decline, technology stocks jumped on Wednesday amid investor optimism that major computer, software and chip companies will report solid earnings. Technology stocks also responded to a slew of optimistic investment
        Reuter  -  274 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon HSBC buys third Latin American bank this month
        528 15 It's injecting USslb into troubled bank and creating Banco HSBC Bamerindus Bloomberg (BRASILIA] HSBC Holdings pic will take control of Banco Bamerindus do Brasil SA, injecting US$l billion (Ssl.4 billion) into the troubled bank and assuming its credit obligations abroad. The acquisition
        Bloomberg  -  528 words
      • Article
        Lock icon Bangkok Bankgets okay for US$ 1.5b bond issue
        197 15 Reuter [BANGKOK] Thailand's largest commercial bank Bangkok Bank pic said yesterday its shareholders had approved its plan to issue the first US$l.5 billion (552.17 billion) tranche of a total US$3 billion issue of various types of bonds in foreign currencies. The first
        Reuter  -  197 words
      • SMALL Change
        • Article
          Lock icon Axa-Uap earnings up 39.5%
          38 15 Bloomberg [PARIS] Axa-UAP, the world's second-largest insurer, said 1996 earnings surged 39.5 per cent. Net profit for Axa-UAP, formerly Axa SA, rose to 3.81 billion French francs (Ss97o million) from 2.73 billion in 1995.—Bloomberg
          Bloomberg  -  38 words
        • Article, Illustration
          Lock icon One week's grace for ex-bank chief
          67 15 Reuter [MADRID] Former chairman of Banesto bank, Mario Conde, leaving the Madrid High Court on Wednesday. Conde, who was convicted of fraud and sentenced to six years' jail on March 20 for his part in Spain's biggest financial scandal, has one week to pay
          Reuter  -  67 words
        • Article
          Lock icon Chinese hank spreads its wings
          43 15 AFP [BEIJING] The Shanghai-based Bank of Communications, one of China's 10 authorised channels to tap foreign capital markets, has expanded overseas with branches in Hongkong, Singapore, Tokyo and New York, and representative offices in London and Frankfurt. —AFP
          AFP  -  43 words
      • Article
        Shinawatra group clinches US$ 130m syndication loan
        307 15 First nuyor deal by a Bangkok firm after Thai financial crisis [SINGAPORE] The Shinawatra group, one of Thailand's biggest telecommuications providers, yesterday clinched a syndication deal here with 14 banks to tap US$l3O million (SslBB million) from the offshore markets of the'region, including
        307 words
      • Article
        Lock icon Great Western rejects US$ 7b bid
        233 15 Reuter [LOS ANGELES] Great Western Financial Corp on Wednesday rejected a sweetened US$7 billion (Ss9.B billion) bid from H F Ahmanson and Co, and reaffirmed its commitment to merge with Washington Mutual Inc. The latest move in the takeover battle came before a deadline
        Reuter  -  233 words
      • Article
        Lock icon ING Barings loses 14 Asian executives
        287 15 Departures include core of lucrative Taiwan operation Bloomberg [HONGKONG] ING Barings, the investment banking arm of ING Groep NV, said 14 securities executives in Asia have resigned, including the core of its lucrative Taiwan operation. The departures which follow the loss of 70 employees
        Bloomberg  -  287 words
      • Article
        Lock icon Euroyen underpinned by bank woes
        205 16 SOKEXReport Reuter (SINGAPORE] Simex Euroyen futures were underpinned by various news reports and rumours about the financial health of Japanese banks yesterday. But volumes were thin as players were cautious about taking aggressive positions after Tuesday's US rate hike and ahead of the Bank of
        Reuter  -  205 words
      • Article
        Futures trading volume hits new high
        202 16  -  MSCI TAIWAN FUTURES By Perry Gilbert Gilbert, vice-president, Refco Singapore Pte Ltd [SINGAPORE] Trading volume of the Simex MSCI Taiwan index futures yesterday was a high of 2,889 contracts, surpassing the previous record of 2,224 on March 21. Open interest climbed to a high
        202 words
      • Article
        Lock icon Russia reassures Kuwait on Iraqi deal
        199 16 ENERGY REPORT Reuter (KUWAIT] A senior Russian diplomat has reassured Kuwait about Russia's compliance with United Nationsimposed sanctions against Iraq following Kuwaiti concern over a recent MoscowBaghdad oil deal. Visiting head of the Middle East department at the Russian foreign ministry. Andrey Vdovin, said
        Reuter  -  199 words
      • Article
        Lock icon CURRENCY REPORT
        298 16 Reuter London THK US dollar closed lower against the mark and the yen in Europe amid disappointment about its failure to sustain a rally after the US rate rise. The US currency t bounced back, however, from n an overnight low at 1.6760 marks amid talk of good
        Reuter  -  298 words
      • Article, Illustration
        Untitled
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        1,267 words
    • Article
      COMMODITY PRICES
      1589 17 81OOM FUTURES Mar 27 KS1C0imUGT(ScMtj/k«) CtoM volMM Op* MMfe U» 5>tt (t«WM) Apr 9T 174.75 T7L50 172.50 250 BO Itoy 97 ***** ***** 173.50 400 105 JM 97 ***** 150 j«(/Sap97 W175 175.75 175.75 150 5760 Oct/Dac 97 177JO 177.00 177JO 525 5250 jM/Mar 90 ***** 178.25 178.25
      1,589 words
    • Article
      WORLD STOCK MARKETS
      2299 17 mnQN M»n tma *h AS Port* 274.400 2.400 AM*y National 745 *19 AMad Oomocq 460 2 Amoc 139.400 13 A sda Group 109 -.400 BAT ind 517 -15 BGPIc 162 *2 MCC 267 unch BOCGroup 955 *5 BR Potrotoum 706.400 2.400 BTR 267 3 Bank of Scotland
      2,299 words
    • Article
      Lock icon TOKYO
      1647 17 AFP □Nikkei 225 -M2J3 SHARE prices closed lower yesterday on fu-tures-linked selling amid concern over government plans to help the property market. The government is" expected to announce a mortgage plan next week in an effort to help boost land prices, which plunged following a speculative investment boom in
      AFP  -  1,647 words
    • Article, Illustration
      Lock icon HONGKONG
      1577 18 Bloomberg QHugSeng -242.07 STOCKS fell yesterday, as developers posted their biggest drop in a year after the government moved to boost the supply of flats to slow rising property prices. The territory's biggest developers, including Cheung Kong and Sun Hung Kai Properties, fell as the government move added to
      Bloomberg  -  1,577 words
    • Article, Illustration
      Lock icon CHINA
      631 18 Reuter nShnfce»BMn 4J» THE Shenzhen B share market edged lower yesterday despite strong performance by Shenzhen Tellus Machinery Electronics, and traders said caution would keep the index rangebound for the rest of the week. The B Index inched down 0.19 point to end at 162.93 on turnover of HKSB2.2
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  631 words
    • Article
      Lock icon TAIPEI
      321 18 AFP HWTMat <03» STOCKS rose in cautious trade yesterday, boosted by good performances among electrical and banking issues. "Investors cautiously picked up high-tech and financial issues amid uncertainties over the market's near-term outlook," said a trader. The Weighted Price Index rose 60.38 points to 8,089.71. Turnover was 3.1 billion
      AFP  -  321 words
    • Article
      Lock icon WELLINGTON
      249 18 Reuter HWcflmgfa +1&87 SHARES ended a shortened week on strong note yesterday. The NZSE-40 Index gained 15.87 points at 2,236.74 on turnover of NZ$l22 million NZ$5O million of that being warrants-related. Renter m*zi tn V- fll ANZ Banking 9.00 <M>7 *****1 HMpt UO unc* ***** Air Nov ZMUntf (A)
      Reuter  -  249 words
    • Article, Illustration
      Lock icon BANGKOK
      815 18 AFP SET latex -L6B SHARE prices dropped slightly in thin trading yesterday with the market facing selling pressure in the afternoon session following the release of economic data by the central bank, analysts said. An analyst said the Bank of Thailand data on exports showed no real sign of
      AFP  -  815 words
    • Article
      Lock icon SEOUL
      392 18 AFP DOfMUhte 417 SHARE prices closed lower yesterday, with profit-taking centred on blue chips after two days of sharp gains. Dealers said that at the moment, sentiment was still looking good. The Composite Index fell 4.97 points to 651.65. Turnover was 45.4 million shares worth 606.2 billion won. Falls
      AFP  -  392 words
    • Article, Illustration
      Lock icon JAKARTA
      689 18 AFP QOMpvteUa ♦JLBI SHARE prices closed higher yesterday on the back of selected purchases of heavyweight stocks and speculative second-line issues. "It has basically been a quiet day with locals doing most of the trading. Second and third-liners are still the focus," a dealer said. The JSE Composite Index
      AFP  -  689 words
    • Article
      Lock icon SYDNEY
      540 18 AFP HUMtoi" *MJ A STABLE US stock market helped share prices rise yesterday. Brokers also noted that investor final positioning on the last trading day of the March quarter also boosted the market The All Ordinaries Index gained 18.0 points at 2,422.3. Turnover was 317.1 million shares worth A
      AFP  -  540 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
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        6,955 words
      • Article, Illustration
        Lock icon KL shares hit by property loan fears
        243 19 Bloomberg POomnoßtelate -138 STOCKS fell yesterday, as property developers declined on concern the central bank will warn banks to lend less to property buyers when it releases its annual report today. Analysts say Bank Negara may ask banks to ease up on lending
        Bloomberg  -  243 words
      • Article
        Untitled
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        80 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3219 20 BONOS, LOANS ft VARIANTS wt ||ia_rn|T Lilt V«l DiY Lm* OlMt* A»g h5TuJ. Mm cmw rooo> nm« u> 68 47 m JOOO m AMOB c5.5******6 —54.5 unch 4 54.5 54.5 52 56 62 39 3160 A Ac*r ******1 US$ 42 5 «0.5 4 44 42.5 42 5 44 131 84
        3,219 words
      • Article
        Gula Perak warrants overpriced but worth careful accumulation
        203 20  -  WARRANT WATCH -By R Sivanithy SOME months ago, we featured the warrant of Gula Perak in this column, when it was trading at around Msl. The instrument has had a good run since, hitting a high of M 51.90 two weeks ago
        203 words
    • Article
      CLOB INTERNATIONAL
      2015 20 MALAYSIAN STOCKS Or Or mil ruiT Lad Vol Day Lot Qy«*i M» Mv VM Nat M Cap NHII Lm Stno Cawpaay S* COO©) HI** Law Buyor to»«r C"vc P/I $<"■ •s ::sss iss£.-=sr a ij" a: 5 S S«§f 247 97 m s 5004 Antah HMqs SOc 233
      2,015 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
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        1,122 words
      • Article
        Untitled
        223 22 Stacks Vol—e *MBF Land Bttd 9,119,000 •MBf HMgs50c 6,859,000 *TongkahWt99 5.490,000 Pac Andes 20c 5,150,000 •MM Corp Wt 4,673,000 •PJOnlt 4,504,000 •RenongWtOO 3.896,000 •HenangCorp 3.884,000 •AmsteeiWt 3.870.000 •Asia Pac Ld 3.642.000 Stocks City Dev 50c 20,620,650 KeppelCorp 15,012,140 •MBF Land Bhd 10,248,530 •Unqui 50c 9,629,220 U08 Foreign 9.594.492 NatSteel 50c
        223 words
      • Article, Illustration
        HOT STOCK
        56 22  -  Hf! Shiv Taneja CITY DEVELOPMENTS, which closed unchanged at $13 on a volume of 1.58 million shares or just under two times its 10-day traded average, is a good long-term buy at current levels. The weekly RSI and stochastics are just above 25, and the buy signal is
        56 words
      • Article, Illustration
        Shares ease over US rate hike, KL-S'pore rift
        670 22  -  STOCK MARKET COMMENTARY Selling pressure well-contained throughout the day and there was no panic selling despite brokers' fear of a sell-off By R Sivanithy [SINGAPORE] As expected, share prices in the local market softened yesterday in response to the recent US interest
        670 words
      • ON THE GRAPEVINE
        • Article
          A free road
          78 22 HAVE you recently begun to get complimentary copies of Business Week International in the mail, without having paid for a subscription? Well, if so, it isn't because the the people at the subscription department of Business Week have suddenly taken a fancy to you. It is because
          78 words
        • Article
          cut
          134 22 SOME may think about the end of the world, but for others in England, the year 3000 brings fears of a different sort. "Will there be any sparkle left in the new millennium?" frets Maybury Cellars of London. Promising "the astute investor" profits in champagne, it invites you to
          134 words
        • Article
          Coffee, tea, but certainly not me
          75 22 THE New York-baaed Coffee, Sugar Cocoa Exchange said said it had postponed the election erf a chairman until May. The reason? Well, it turned out that the only candidate they had, Fred Schoenhut, decided to withdraw his candidacy. According to a report in Bloomberg
          75 words
        • Article
          Weighty matters
          123 22 HAVE you ever wondered if the women (and some men) in the "before and after" advertisements that slimming centres so frequently use are for real—as in, did they actually lose weight, thanks to these centres? Well, maybe it isn't a fabrication as some cynics tend to believe. In
          123 words
        • Article
          Educating the
          92 22 WHEN looking for an overseas education, Australian universities have been a happy hunting ground for Singaporean students. But it now looks like Singapore is going to teach the Aussies a thing or two in the field of education—more specifically, computer education. Mainboard-listed Informatics Holdings said recently it was
          92 words
        • Article
          More Digital ads
          95 22 WHETHER "Web-TV" takes ofTor not, what is definitely taking off is infotech companies discovering the TV as a means of hawking their wares. The latest company to join the bandwidth is Digital Equipment Corp. Hie US mid-range company this week released an ad campaign that will run
          95 words
    • Article
      MAIN BOARD
      4605 21 (r Sr MM im. Vat Day LaatOuete OK Oh W M Cap Avg StW Camp any Sato COOP) mgB Low Buyer 5—' Cm P/t Wo MPUSTMALS 5146 ASCNTSIO200 US- I I I I I M I "ft !5I® t5L 4^, 0,K)0 HISS? :'l 49 *0 "I <60 Ml
      4,605 words
    • Article
      SESDAQ
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      1,019 words
  • Page 11 Advertisements
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      1105 11 BUSMiiSS To advertise call toll-free 1800-*****83 M THE MATTER Of THE COMPANIES ACT, CAP. SO AND M THE MATTER OF DEFT INTERNATIONAL (PRIVATE) UMRED (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members ol the abovenamed Company duly convened and held M 459-471 Aeoke
      1,105 words
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      Page 11 Advertisements Column 2
      291 11 IN THE MATTER OF THE COMPANES ACT, CAP. 50 AND IN THE MATTER OF ELBE APPARELMATION PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION Pursuant to Section 290(2)(b)] At an Extraordinary General l ln ntln n nj >> m.w ■> halH Meeting or tne oom party neio on
      291 words
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      1205 12 ELECTRONIC RESOURCES LIMITED (Incorporated in the Republic of Singapore) The Directors are ptoaaed to announce the tolowing reouite: 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER IMS GROUP COMPANY 1990 1995 +H 1969 1996 *f) srooo ssooo ssooo SSOOO Turnover 919,104 466,771 97.3 506,640 100,068 406.2 Investment income NA
      1,205 words
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      Page 12 Advertisements Column 2
      7 12 SINGAPORE BUSINESS Giving you the winning edge
      7 words
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      297 13 \4y\ development Br| mJ j board J p I LAND»OR«ietnnE (WNDOWNHNRS Em K"> I by tender 1 &1 Eflor the first time, the Housing Development Board (HDB), on behalf of the a tender packet containing the particulars and conditions |gj EpM of tender for the 2 land parcels is obtainable
      297 words
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      Page 14 Advertisements Column 1
      1019 14 I KayHian I KAY HIAN HOLDINGS LIMITED I ANNOUNCEMENT OF UNAUDITED RESULTS FOR THE YEAR ENDED 31 ST DECEMBER 1996 |j The directors of Kay Hian Holdings Limited (the "Company") are pleased to announce the following results: H Year Ended Year Ended H 1996 1995 Change H Company Group Company
      1,019 words
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      973 15 I A* I PACIFIC CARRIERS LIMITED (Incorporated in the Republic ot Singapore) The Directors of Pacific Carriers Limited wish to report as follows to shareholders: UNAUDITED RESULTS FOR THE YEAR ENDED 31ST DECEMBER 1996 Tha Group The Company 1996 1995 Variance 1996 1995 Variance loop yooo yooo yooo 1 (a)
      973 words
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      Page 16 Advertisements Column 1
      1263 16 SINGAPORE REINSURANCE CORPORATION LIMITED l (Incorporated in the Republic of Singapore) I ANNOUNCEMENT I lb: All Shareholders I The Board of Directors of Singapore Reinsurance Corporation Limited wishes to moke the following announcement: I AUDITED RESULTS FOR IHi YEAB ENDED 31 DECEMBER 1996 I COMPANY OtOW I 1996 1995 *m-
      1,263 words
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      29 18 cC '^^BP^^^nf^aflH^BPlSl^Su^H TURN TO OUR J 24-hour business centre. HHb SHIPPING TIMES, PAGE 14. ♦The Munilft stock market was closed yesterday. Home Decor For people who love their homes
      29 words
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      Page 19 Advertisements Column 1
      150 19 3 Land Transport Authority Infoline*— <1 COE Bidding Results I Car Registration Number Availability. I I Available on 10th or 11th of every month. All you Available between Saturday and Wednesday each week. All you need is I need is enter your IC, Passport or Company Registration enter your Car
      150 words
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      66 20 ■J j J These and other corporate milestones present perfect opportunities to IV I O 111 thfi SDn. enhance your corporate with a self-funding special feature uccasioi P For more on how you the occasion with a special fS feature, contact: '/f •JoeHeng -Tel: 740 2481 Pg: 9306 8499 -f
      66 words
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      35 21 Singapore Business Giving you the winning edge For real-time stock information, Scall Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.
      35 words
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      945 22 THE GROUP THE COMPANY J SINGAPORE PETROLEUM COMPANY LIMITED V? f y (Incorporated in the Republic of Singapore) Fixed 807.M8 836.a08 *****3 836.731 Deferred Expenditure 6,312 AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1996 Investments 86,568 83,033 68,622 68,622 The Directors wish to announce the following audited results of
      945 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      301 23 Reuters Bridge News ACTIVITY on the freight market continued in its downward spiral as trade continues to slow in the approach to the holiday weekend, brokers said. Expectations were that the Baltic Freight Index would fall again by about 6 to 8 points. It is not so much
      Reuters; Bridge News  -  301 words
    • Article
      MARITIME STOCKS
      264 23 mrV St w CWTOtoVftvttan—125 ancti 39 ChMnHMpHMQS—1-00 -OLOI 27 Cwwtmilwuil —t40 -0.01 5 FraMit Unto 0.79 -OOI 178 8»lTil<w»l aM (tndi 39 MSwHw LOS -aot 237 HNacM Zaaan 0.765 -O.OI5 40 IMC IIIWlBM HKS40 Jaya llaMw+a UM Jurara SNpyard 6.60 *O.B 71 K«p> J Corp 9.15 -OK) 1434
      264 words
    • Article
      HK shippers appeal to govt over higher THCs
      416 23  -  They want to see a more level playing field between shippers and lines From David Taylor in Hongkong THE Hongkong Shippers' Council (HKSC) has complained to the government and the Consumers Council about increased terminal handling charges (THCs) imposed by conference cartels.
      416 words
    • Article, Illustration
      Lock icon Supporter Cosco's California project drawn into furore
      372 23 AFP [LOS ANGELES] The controversy over China Ocean Shipping Co (Cosco) seeking to lease a defunct US naval base has sucked in one of its key Senate supporters over her husband's business connections. Senator Dianne Feinstein called for a national security review of
      AFP; FILE PHOTO  -  372 words
    • Article
      Maersk starts East African service
      148 23 [SINGAPORE] Dutch carrier Maersk Line, soon after announcing a beefing-up of its Europe-South Africa service to a weekly run, is now stepping up its East Africa service. The line starts a dedicated service between Kenya and Tanzania from today. Two 600TEU (20-ft equivalent unit) ships
      148 words
    • Article
      Off-hire clause does not cover time lost due to govt interference
      746 23  -  ADMIRALTY CASEROOK By\ Selva Kumar THE off-hire clause in the New York Produce Exchange Form lists several situations when a charterer may be deemed to be not liable to pay the hire to the shipowner. Unfortunately, the clause has
      746 words
    • Article
      Lock icon Call to keep Japan's prior consultation system
      258 23 US-JAP AM PORT ROW View of chairman of shipowners body differs from Transport Ministry's Bridge News [TOKYO] A Japanese shipping industry leader said on Wednesday the basics of a "prior consultation" system in Japan's harbour services should not be changed through negotiations between
      Bridge News  -  258 words
    • Article
      Lock icon Reforms can save Aussie shipping industry A$ 150m a year: minister
      218 23 Bloomberg [MELBOURNE] Reforms to Australia's shipping laws now under consideration could save the industry as much as Aslso million (Ssl6s million) a year, Transport Minister John Sharp said in a speech late on Wednesday. Addressing the International Chamber of
      Bloomberg  -  218 words
    • Article
      Lock icon Venezuela to sue tanker owner for oil spill
      195 23 Bridge News [CARACAS] Venezuela's attorney general will sue for US$2O million (5528.6 million) in damages from owners of the Nisso A mar gos tanker, which went aground on March 1 in Lake Maracaibo. The government will argue that the accident, which spilled
      Bridge News  -  195 words
    • Article
      Lock icon Saudi prince to buy 5% of Norwegian Cruise
      213 23 Reuter [DUBAI] Saudi Arabia's billionaire Prince al-Waleed bin Talal has agreed to buy a 5 per ccnt stake in the Norwegian Cruise Lines (NCL) worth US$2O million (5528.6 million). A statement from the prince's office in Riyadh on Wednesday said he has
      Reuter  -  213 words
    • Article
      Lock icon Guangzhou yard wins deals worth US$ 200m
      112 23 Reuter [SHANGHAI] Guangzhou Shipyard International Co has won new contracts worth more than US$2OO million (Ss2B6 million) to build eight vessels for Iran and Denmark, a company statement said yesterday. Guangzhou Shipyard would build Ave vessels with a deadweight of 22,600 tonnes each
      Reuter  -  112 words
    • PORT Shots
      • Article
        Lock icon Indon tax exemption for vessel sale
        87 23 AFX-Asia [JAKARTA] President Suharto approved a National Maritime Council proposal for capital gains tax exemptions on the sale of vessels by Ashing companies that > use the money to buy new boats, the Jakarta Post reported. Coordinating Minister for Political Affairs and Security and
        AFX-Asia  -  87 words
      • Article
        APL starts Nanjiang intermodal service
        105 23 [SHANGHAI] APL Limited has introduced a highway-ocean intermodal service linking Nanjing, capital of Jiangsu Province in Central China, with markets around the globe. APL will shuttle cargo containers over the newly built Shanghai-Nanjing (Hu Ning) Highway, and transfer them to its weekly mainline ocean services
        105 words
      • Article
        Lock icon ICTSI wins Mexico port
        61 23 Bloomberg [MEXICO CITY] Mexico's Communications and Transportation Ministry has awarded a 20-year licence to operate the cargo terminal at the Ensenada port to International Container Terminal Services Inc. The company, which is based in Manila, Philippines, won the licence after it submitted a bid of 7
        Bloomberg  -  61 words
    • Article, Illustration
      Lock icon Strategic ports have an edge
      966 24  -  PORTS: LINER GROUPS KEEP EYE ON DEVELOPMENTS These days, ports must provide strategic "added value" to be useful to the global container ship groups. One such port is the soon-to-open Freeport in the Bahamas which aims to exploit low-cost facilities for efficient transhipment i n
      Lloyd's List; FILE PHOTOS  -  966 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      354 24 PACE EuroMansa 6 A£l 13 Euroeast 12 AW. 3 £»*9re«" AMt 4 Fl-Bright 9 Accord 8 F#mous 7 AppensMp 5 firwx* 13 Astro 3 8 Austral 9 Fro,< M Avant 6 Frt Links 13 B'tangMas 8 W»ork3 7 USA 7 CUnk 4 BTl
      354 words
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      SHIPPING GUIDE
      14942 32 THEBUSINESSTIMES EXPORT ETA ETA Advartlsar Vassal Vo yaga Taiaphona ETA ETA Advartlsar Vassal Voyaga Talaphona SIN Dasrn Sam. Nama NumOaf Numbar SIN Dast'n Nama Nama Numbar Numbar 04/04 11/04 UASC SINAR TOBA 209 45-*****17 A 04/04 14/04 SCI TULSIOAS V.71 65-*****55 04/04 21/04 Blua Star FRE STAR 20N
      14,942 words
    • SHIPS IN PORT
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        CONVENTIONAL WHARVES
        606 39 «mm< Voy No Btrtli Arrival Departure Mm Mid N340 Mm** 27.03/2)00 ******67 *****7 J01 Monqudt Buc *****7 J01 ikxvjw* 27.03/1500 KFlIn *****7 JOI Mon** 27.03/2030 MP* ***** *****7 JO) 2SJ22? Cuj *****7 JOT 27.03/1800 C JJL, *****7 J01 Mon** 29.03/0600 St SarJiM *****7 J01 Mon** 27.03/1300 fc W
        606 words
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        CONTAINER SCHEDULES
        1763 39 RECEIVING OF EXPORT Fa CONTAINERS MP La CARGO Booklng/BiUnc* Rstls Ship Voy No Etb/Btr Poriod From To From Ac, s«M 2M* 30/0700 W 27/1500 27/H59 27/WOO VW 28 27/1700 28/0*59 28/0900 21/0700 28/1159 28/MOO 4 21/1200 28/M59 20/1700 on* IMN u 27/i7oo a/vm 21 27/1700 21/0*59 20/0900 J
        1,763 words
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        GLOBAL HOLIDAY
        219 39 Mar 28 Australia Good Friday. Canada Good Friday. Denmark: Good Friday. Hong Kong: Good Friday. Indonesia: Good Friday. Netherlands: Good Friday. New Zealand: Good Friday. Norway: Good Friday. Philippines Good Friday. Singapore: Good Friday. Sweden: Good Friday. Switzerland Good Friday. United Kingdom: Good Friday. Mar 31 Australia: Easter
        219 words
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        COCKETT BUNKER MARKET REPORT
        976 39 THIS report compiled by Cockett Marine Oil Ltd. shows price range* In US dollars instead of single price* Cor a more comprehensive description at the market Price* shown are baaed on average-ttoed stem Market movements an indicated The Cockett Bunker Price Index change and the individual
        976 words
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        VERITAS BUNKER QUALITY REPORT
        364 39 Cjrkon WO Mm 993.3 U WJ O.tl w 0.M uar mi n««iitr latar RmMm Art AteaMaa SrtMrt We«be«*£25 2 1 9 4 22ii 22^—_—— 310 0.5 u wr 34 cm l2£ 300 Mn 995.9 7JO 17.9 OH SI 0.07 WW %*fi %H* %M/M ftm nn4 M»rtwt635
        364 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        US makes safety device on cargo planes top priority
        306 40 Safety board also wants better training and human resource practices for cargo workers [MIAMI] The United States' National Transportation Safety Board has identified collision avoidance equipment on cargo aircraft as a top safety priority for board. "Traffic Alert and Collision Avoidance
        306 words
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        Lock icon Air India told to double flying hours to stem losses
        259 40 AFP [NEW DELHI] Indian civil aviation minister, C M Ibrahim, on Wednesday told international carrier Air India to double its flying hours in a bid to emerge from the red. Mr Ibrahim said the utilisation of Air India's aircraft, which
        AFP  -  259 words
      • Article
        Lock icon BMW introduces head-and-neck airbag
        248 40 Reuter [NEW YORK] BMW of North America Inc on Wednesday became the latest company to upgrade its airbag system, announcing a new head-and-neck inflation device the German car maker said was the first of its kind in the world. The new head protection system will begin
        Reuter  -  248 words
      • Article
        FAA proposes cargo jets on inT'l flights pay tax
        260 40 We already pay more than onr fkir share: cargo carriers [WASHINGTON] The newly appointed National Civil Aviation Review Commission (NCARC) has yet to hold its first meeting, but acting Federal Aviation Administrator Barry Valentine is already making suggestions to the US
        260 words
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        Lock icon Truck debuts at New York show
        53 40 [NEW YORK] Tom Obre, vice-president of marketingfor the Nissan Motor Corporation, introduces the 1998Nissan Frontier pick up truck on Wednesday at the New York Auto Show. The truck will be built at the company's plant in Smyrna, Tennessee, and will be available in the
        REUTER  -  53 words
      • Article
        Lock icon US airlines' lst-qtr traffic, profits expected to rise
        335 40 Lower air fares more than offset by boom in leisure travel Bloomberg (NEW YORK] Most US airlines will have higher first-quarter profits because fare wars kicked a traditionally weak winter travel season into high gear, said industry analysts. Airlines slashed prices several
        Bloomberg  -  335 words
      • Article
        Lock icon Two Caribbean airlines to discuss partnership
        211 40 Bloomberg [CASTRIES, St Lucia] Two Caribbean airlines are considering a partnership to reduce operating costs, said Ken Gordon, chairman of BWIA International Airways. Mr Gordon said officials of his company and Air Jamaica met earlier this month to consider an alliance. "We have appointed
        Bloomberg  -  211 words
      • Article
        BA to hire 5,000 staff in massive recruitment drive
        243 40 [SINGAPORE) British Airways has embarked on its largest recruitment drive since the late 1980s to hire 5,000 staff over the next three years. The bulk of the vacancies are cabin crew positions the carrier intends to hire 2,000 people in this
        243 words
      • Article
        Lock icon Nissan to up R&D spending
        132 40 AFP [TOKYO] Japan's Nissan Motor Co Ltd said yesterday it will raise research and development spending to about 180 biUion yen (552.2 billion) in the year from April, up 5.9 per cent from a year earlier. "Year to March 1998 spendings are still under consideration,
        AFP  -  132 words
      • LOG Book
        • Article
          Rolls-Royce wins US$ 125m engines deal
          99 40 [SINGAPORE] Colombian Airline ACES has selected the-'*-V2SOO power plant of Rolls-Royce unit International A Engines for up to eight Airbus A33os. The value of the engine contract for four Arm order* with options for an additional four is about US$l25 million (5H78.7 million). ACES
          99 words
        • Article
          United Air int'l flights to be free
          88 40 [SINGAPORE] United Airllnee will eliminate smoking oa* all of its daily international flights starting from July 1. The decision completes the company's transition to a smoke-free envlronment on board its aircraft The July i w changeover will affect 32 dally fUtfits to and
          88 words
        • Article
          Lock icon Haneda airport opens new runaway
          50 40 Bloomberg [TOKYO] Tokyo's Haneda airport opened a WJQfrmetre runway yesterday and aims to begin round>th»ciock operations, transport ministry officials said Thacfficiair said the new runway, built on reclaimed land in Tokyo Bay, brings to four the number of runways at the largely domestic airport. Bloomberg
          Bloomberg  -  50 words
        • Article
          Lock icon Delta, Air France sharing
          74 40 Bloomberg [LONDON] Delta Air Lines Inc and Air France Won't have an agreement for shared marketing of flights in place by April l, as planned, because they havent won regulatory approval, Delta said. A Delta spokeswoman In London, —<*» where the carrier's European operations are bated,
          Bloomberg  -  74 words
        • Article
          Lock icon EVA's Cambodia flights to be delayed
          63 40 AFXAsta [TAIPEI] Evergreen Marine Corp (Taiwan) Lit unit EVA Airways Corp said its direct flights to Cambodia wißlikas& be delayed due to political concerns. The carrier said it plans to fly three timee a week to Cambodiafrom April M§P. However, China made complaints against
          AFXAsta  -  63 words
        • Article
          Lock icon Seoond Vietnam-China
          52 40 AFP [HANOI] Vietnam and China win open their second crossing to passenger trains in April local reports said on Wednesday. The crossing between Vietnam's Leo Cai province and China's south-weetera Yunnan province Witt open to passengers on April 18, the official Yte&amNewt n reported. It is already open
          AFP  -  52 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1321 40 CITY FU6HT ETA FU6HT ETP W895 2155 mm 1815 AdotaMo S0229 2220 HohMJ AV37 1150 AY38 2135 AastwtfM S0327 0820 KL844 0125 ¥kmttm SO*77 1720 S0978 0145 KL837 1540 *1838 2335 Ho CM MM Y*«4I 1310 VN742 0825 0128 2355 SC171 1420 $0172 0930 5028 2355
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      1064 24 i Mxpotrr i r emmtt destinations ~l IwKrrtwnrcMr |ml£S| n a u w M U. -I-*.™ r |Sl,'l"!T|^r^|"^ !a p t w eL^ aSNOHWT ***** U/M U/M W/M M/M H/M M/M B/M H/M B/M M/M M/M ||g CWOOMMO 1«W IM/M 11/ M M/M U/M H/M a/M M/M HBs_ SS«s£gg|«SgSg S£
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      Page 24 Advertisements Column 2
      481 24 Unn Mrvicw raprmnlid S*pora National Shipping Aaaoc AsaoctaOon Asia. Shipping Times Just talk to us... I Iris Urn 740-2044 Tan Lip Chuan 740-1645 Jarrod Leong 740-2089 Philip Koh 740-2382 EXPORT 3 x Jopow -2 x Hongkong -1 x Mania -1 x Kooihiung, K—hwg (Act»p<i«g FO. to KK/NAHA/StNOAI/CIIUAO< BE HJ3 -EE
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      1070 25 TO EUROPE FROM EUROPE [ttSSa VOT SM «TM HAM MV SOU SPI [vKSa VOY ITM HAM MV SOU UK M SM I IMAMS SIJ7 03/04 14/04 22/ M M/ 04 MAAS 1117 M/M 11/03 14/03 IS/03 01/04 MSR )137 M/i4 20/04 M/ 04 M/ 04 M/ 04 OOQHUIW 4117 15/03
      1,070 words
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      Page 25 Advertisements Column 2
      2213 25 <g) HANJIN SHIPPING |uMHMt/voT Mfl I I sa I rw'" I'm tor j oi |wt i w wt |iw Tioi Iwt omTw i m m m m ij H.OAKLANDO37I I M/M 177/03 17/ M I 10/ MI 11/ M I M/M M/M I H/M I 10/ M 71/04 a/04 Tll/M
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      Page 25 Advertisements Column 3
      101 25 ORIENT EXPRESS UNES (U.K.) LIMITED (MANAGER FOR SHREYAS SHIPPING UMITED) iwwj WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VfSSE VOY SINGAfOtE BOMBAY VESSEL VOY BOMBAY SWGAPOtE LEERORT 915 28/03 06/04 LEERORT 914 21/03 28/03 SINARTQBA 209 04/04 11/04 SMMAR TOBA 208 27/03 04/04 NORDKAP 409 08/04 15/04 NORDKAP 408 31/03 08/04 LEERORT 916
      101 words
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      1073 26 <C DSR-SEHATOR in Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT ¥tnti Ivor law urn mw mm fu un uw wia m um_ *tm_ ?**_jyL JSL. s?— hmuhFßjxsnwc mfH ITS" ItiT" n* »m chotmhqlort inn mn 10 11.01 w« mm MMCOMR.OTWMTM WRIT KM tf.6o Z3M MM MM H.M MM
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      Page 26 Advertisements Column 2
      1218 26 I NORASIA I I VESSEL VOY |MN PKL OOALAS BCL VALALQHOT ANT FELLHA I NORFMBOURG 9711 3 29*3 11/ M 13*4 12*4 2M4 *VM 17*4 IM4 19*4 IM4 I MM HONGKONG 9712-3 KJU DM t»M iW IM9 27«4 29*4 2«M 2M4 2M4 lIW NOR SHARJAH 1713-3 99*4 NM KM RJM
      1,218 words
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      429 26 Tr /VO/7TRANS CONVENTIONAL SERVICE TO THAILAND AND MAUYSIA BREAKBUUC RO/RO AND HEAVYUFT ANY WBGHT THAI FLAG STATUS PRIORITY BERTHS AriihyrwsV.UA IAAH) SAAH) 20-30/03 30-02/04 Mi txyrm V.4SA OM7/04 12-13/04 13-10/04 Asii Eiprsu V.44A 19-21/04 22-22/04 20-27/04 27-10/04 Aril Exprau V.47A 03-05/05 09-00/05 10-11/05 11-14/05 BOOKINGS t ENQMKS: m hi mm
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      927 27 VCWI, VQY SIN POU wto WW WW 55 IRAN TIYFOURI PJL-1223 20/03/97 ?2/«S/9T 1/03/97 IRAN QHCYAMAT PJL-1229 08/04/97 03/04/97 IRAN TAKHTI PJL-1224 13/03/97 07/09/97 |6/03/97 23/03/97 WAN TAKHTI PJL-1230 18/04/97 13/04/97 28/04/97 ACCEPTING FULL CONTAINER SHIPMENTS TO TOINTSIM IRA* 4C« LE. J^RBAUAN, ARMENIA, KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN. KIRGISTAN, TADZHIKISTAN A GEORGIA
      927 words
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      Page 27 Advertisements Column 2
      1498 27 hh fliJifiiaißPiiniiiii m *****02 0"**: u I COSTAN SNIPPING PTI LTD (17-mohhm uus/mw 4»smi/« miuoom<o/n jjostis COSTANIMKBW SO* OND OHO; *****1*000* TOWttTWO(OMOf) COWYHmOMi w/w nsn «s sm m nn m m m nm KACF (Ml /007f€ 31/Q3 04/04 $HMH€/BBW ?VB3 HW Sfi 2mm !lahj lhj aiaju mm* Kii nm acu
      1,498 words
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      419 27 A/ IPTCRKAPAT.ANDAIZHUN jf §y TONG JOO SHIPPING PTE LTD CR NO; **********0 C REGULAR CONTAINERISED SERVICES TEL (65)535 7793 FAX: (65) 533 2952 /Kwcum+rMsmr lunar/ muutA-momrr &atm J j to cm mrnhMmum ~A APPU ***** 03/04 GITONG 0724 04/04 ft GMUAI A 5137 30/03 1 6600H ***** 04/04 GUOO 0740
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      1106 28 mawmtMHnmMwuwwmi n«n ROM ANW HBG TOP ZEE LHV LHV TOP ROM ANN HM PKL SOP E. REPUTE RW-OM OS/OA 2VD4 3S/04 20/04 21/04 2H4 30/04 E.GARLAND RE-040 11/03 13/03 12*3 14/03 15/03 07/04 00/04 E. RENOWNRW-021 02*6 07* 43/ OS 08/ OB 00/06 07/06 E. GAJINJN6 RE-087 10/03 10*3 10/03
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      963 28 IVIUB VOTACI SOP OKI JM AM DM MM KWT Ml VBSE VOTAM ON JM AM DMI OAM MP IuMCMCQT *****33* 03AM UW 13/04 14/04 15/04 14AM 14AM 17AM UNI COtOIU 0445-034 C 14/03 14/03 17/03 11/03 If/03 HAD ImCWCOO S WW 7W4 JWM 71/04 77/04 7V04 71/04 74/04 UWOMT 0444-0371
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      494 28 NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vpsa vot |an pui m crr~^ mttlfMKBS OI3S 2t/P3 01/H 12/ M ■jjNMKB om QZ/04 11/04 15/D4 H/04 ■jjgljgg OI4S W/04 27/H 14/04 mumwius oits m/m oa/os wos n/os more om 03/05 ivos iy/os ?i/Q5 miAl PBMESS 014S 13/05 71/05 01/
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      795 29 BSA it. mMA MYANMA \BBk FIVE STAR UNE i JWT (Myanmar Notional Lino) I W Loading for Yangon (Rnngoon) VBsa VOT SNI WG PtN PCU 242W IN PT HP A-AN 2J3W IN PT MALAYSIA AGENTS: MUSTEAD SNIPPING AGHKKS KU£ m 02-03-*****00 PKL TU 02-03-37M101 POfc m 02-04-*****02 PGO: IE 02-07-*****21/4
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      1321 29 A HYUNDAI IT MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****32 PWA I Ptl I PM I ygsa VOT I SIN UM M MIT m MIT HL 24/03 24/03 21/03 N10IM! 30W JO/03 14/ M 17/ M 11/04 11/04 11/04 21/04 03/ M 03/ M 05/ M NtCOMMOOOW JOSW
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      584 29 FAMOUS CONTAINER LINES JEW—* 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 y HOT UNE: *****33 (30 UNES) FAMOUS LOGISTIC (M) SDN. BHD. (Co. no. *****P) NO. 30 LORONG CEMPENING ***** PORT KLANG, SELANGOR DARUL EHSAN MALAYSIA TEL 603-*****33 (20 LINES) FAX: 603-*****33 (05 LINES) -=^^^^LOBALSEBvic^^^S=» COMPREHENSIVE SAILINGS TO AND FROM PORT
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      1093 30 IAMQKOK 1 »T KBLAHO VESSEL VOY SIN BKK VESSEL VOY SIN PKL RATHABHUM 152N Sat 29/03 01AM B.MAS EMPAT 7537 S«t 29/03 _Son 30/03_ ANAN BHUM SON Sun 30/03 Wed 02/04 BUNOA SEROJA 7009 Sun 30/03 Mon 31f1>3 YANTRA BHUM** ijlN~ Sun ~30/03~ Wad JAHU BHUM 7319 Sun 3<VO3 Moo
      1,093 words
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      432 30 PUL INTERNATIONAL LINE PU^NTERNATTONAL Ctl UMMii t Mabpta VX(mft (Brj/kwM to rf fctitar w tti Plwi iwl«l w Afh ilim y»». JAKMTOUUTC 1) 4 SIGS/WK t»B" l!£ ItraiTa. liaTig |n^ UU_kttfcß«!£ j MABSH MA»A 471S jOM_ 11/04 HH 14/04 SURAIAYA 2 SIGS/WK W vsl |w j if I a, B
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      560 30 A ACCORD A SHIPPING PTE LTD M=LS TEL *****56 (40 Lines) FAX *****46 K)tJ KIAMC (03) *****01 /J Wk D4RECT ACCESS TIL: *****57 (EXPORT BOOKING) HSU GUDAMC (07)3****** J *****87 (EXPORT DOC), *****64 (IMPORT) FtHAMC (04) S3! 1443 UKL;HTTP://WWW.ACCORD.COM.SO JAKAITA (21) *44 077% FOOT ITA SIN POtT ITA SIM POET
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      253 30 BINTANG MAS SHIPPING PTE. LTD. 30 NEIL ROAD, SINGAPORE 0206; TEL: *****68 FAX: *****64 KmJ TLX: R*****6 SIMMER CR No: **********0W fteoaMng Cwpo t PTI I Blntulu I I M-f .1. BM vqy $m mi VJSSB vgr sw ailA RMn| Sw VJ7031 W 30/03 02/04 MrayM WOK WfT 28/0301/0* Knlaßg
      253 words
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      493 31 I Weekly LCL A FCL fOljlCal Services to Caribbean W fT "7p pin o Central America MAERSK NEWARK SEA VIGOR j 9706 9706 Port Country 30/03 06/04 Belize City Belize 03/05 10/05 i Bridgetown Borbados 06/05 13/05 Cartagena Colombia 05/05 12/05 i Castries St. Lucia 05/05 12/05 Fort de France
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      588 31 PACIFIC INTERNATIONAL UNES (PTE) LTD 0 SgSSJg 140 Cecil Street, #03-00 PIL Building, Singapore *****0. |M mt CR NO: **********06 I J "SPall i" iiii"' ij" 1 aa»=«=*i i S 8 SMS II a I aim Konwic um. ror sunn massavm, assa« via wowi _j Ip |A B B I
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      829 31 R WO: *****M0000Z vessels pao i» I ham I rtm I thp I anr VM£OCSAOfTTA~ 819W gg 08*04 ItA)4 20/04 21AM 23P4 24/04 2004 \ALLEOE NORMA WI9W 07/04 WO4 16AM 27/04 28AM 30W 01/06 08/06 vmotoawA hhw ham 23/04 2&am 04/06 06/06 07/06 oa/oe 0555 VU£D*OnON YI9W 21AM 30AM 02/05
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      49 33 L___ To retrieve more schedules, just follow these simple steps... document /hd 740-6000^^^^^^^ be faxed m T the port Snter your Step ""TOid key in the four hone number C(X e Key in your Example: 1 fax number To NEW YORK (NYC) 2275 United States for calls within Singapore
      49 words
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      50 34 TOKYO SHINII KAIUN CO PTI LTD H!!il 10 AN6ON ROAD §30-06 1111*1 INTERNATIONAL PLAZA S'PORE 0207 TEL: *****28 (S UNES) FAX: *****06 A *****10 C/R; *****X***** SERVICE TO: FAR EABT/U.S.A/EUROPE 30/03/97 JAPAN, MONO KONG iflilN 30/03/97 USA m ALL BOOKINGS AND ENQUIRIES, PLEASE CONTACT: S'PORE OFFICE TEL- *****25 (6 LINES)
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      117 34 RIPERUSAHAAN PELAYARAN i W KALIMANTAN j DIRECT WEEKLY SERVICE TO JAKARTA/PAIIMBANG VMMI VW fU/nt DESTINATION IACHMANtKI I i/V M/II M* Jokorto/PoWmbong lAOWANIKI M 4/07 01/04 Afr Jakarta/PaWmbang lAOMUNIKIN S/07 07/04 A* Jokarta/PaUmbang IACNMAINKI I 4/07 10/11 Apr Jakarto/PaWmbang j SURABAYA /PANJANG (At AAA JAVA NIAGA 29/31 tor Pan|>ag/Sirahaya NIACA 01/02
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      79 34 BDOI ICW I CONTAJN s^a .POLISH OMITMO «V*«T SATURDAY TO: POLANO (OOYNU) OCEAN MISSU (MOSCOW) OS POSTS INCL KSTOMA LINES LATVIA. LITHUANIA. BflAftUS, MONTHLY IKEAKBUU SERVKI WO*: S'FOtt rSUC MDONni^VKTNMI EUROCAST LINES S.A. (v«<A M iN).M mM HMvyMts opto 60MT evdUMe) ii IWIUI 1 rw K mut^rwm/Kimmr cuiDDiun I™ m
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      Page 34 Advertisements Column 4
      106 34 atamans* KAWASAKI KINKAI KISEN KAISHA. LTD. JAPAN/ HOMO KOWQ/STRAITS S'por* P.Outfang P.Kalang Panartg POMM MOTOR VI MM 01M pMcatnN KM SUR HU6HT V 2 M*4 OCEAIRA OUR* Vtl Vm NM UOM MART VIZ MM MERMTVI ORmrmOVM IS*4 17M mmainam hw mm 'ALSO ACCEPTING CARGOES FOR KUCHING CR NO **********0Z SPORE:
      106 words
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      Page 34 Advertisements Column 5
      104 34 FCL/LCL CONSOLIDATION SERVICE TO ASIA/F.E., EUROPE, USA, AUST, NZ, INDIA, S. AFRICA, MED., ETC. PLEASE CALL *****00 (16 UNES) VIETNAM CONVENTIONAL SERVICE 'DOOR TO DOOR- SERVICE vbss rasa uhuwhm MO 29/03 MMOK RHA K0N609 04/04 NO 01 MM Alio Accepting Cargo For All Ofhor Vietnam*** Porta PLEASE CALL: 223 $621
      104 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      503 35 SJN MAA SIN I TIGER ISLAND 521N 28-29/03 02-0004 11-12/04 I TIGER BRIDGE 522N 31-01/04 06-09/04 14-15/04 I TRANSCORO 523N 09-14/04 17-18Y04 I TIGER BAY 523S OM&D4FOR DISCHARGE O NLY I TIGER WAVE 524N 07-08/04 13-16/04 21 22/04 I TIGER BLAND 52SN 11-12/04 16-2QQ4 25-26/04 ILHOTSE 327 28-2003 03-07AJ4 1304/04
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      Page 35 Advertisements Column 2
      623 35 FREIGHT LINKS EXPRESS I 62 Toh Guan Road Singapore *****1 cfcu Tel: *****66 (60 Lines) Fax: *****33 |||f ml E-MAlL.flesin@singnet.com.sg llllil^^pj CONSOLIDATION SERVICE CANADA ETD SIN SOUTH AFRICA ETD SIN h MONTREAL 02/04 CAPETOWN 04/04 L TORONTO 02/04 DURBAN 04/04 VAN COUVER 02/04 JOHANNESBURG 04/04 Hi GREECE ETD SIN SPAIN
      623 words
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      Page 35 Advertisements Column 3
      736 35 lOOCL (Singapore) Pte Ltd CFS Keopel 179 Amm RM4 #21-04 (S) *****4 MkSl3«OM2t l«M#y ffeftnTl aNO 11S7S7IOOOOH M 272 7127 c J 3269 ISO vOE// Ail lat: *****13 to« 221 3942 F«: 272 782S TO USA TsgT SW OAK CHI»EM WYC OUTBOUND SGP SYD \m API Fit ifiKOtmut wrr 11/04
      736 words
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      Page 35 Advertisements Column 4
      130 35 khm iiis/ wb sjuumt; p. mMW/swarow SOUTH KWWi Smi m vSm mkm ■ran mi? *w?*t mm. BMU9MI was camm I Him Ukuiml m Kfrltfl I Ktt&B I mustm wsss vi/*mm WW WW *~rrry mw» n-LAtr ■MA** ~iUglß— ggf ei/ymc «g(W) omasum wa« n/w mi n/woHU) OMASUM 031 **4 (TO SIM
      130 words
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      575 36 SAMUDERA INDONESIA (S) PTE LTD I 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S PORE *****5 maJrnmm TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 at CR NO. 1047MMM00 j BOOKIH6S JESSIC A/CELIA/MEICHAII I 7 SLGS/WEEK 3SLGS/WEEK HHB [VOY [8m [JAK I VESSEL IVOY |«N |BUR r &NAR JAVA 922
      575 words
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      Page 36 Advertisements Column 2
      1146 36 TWICE WEEKLY EVERY THURSDAY/SUNDAY ■l l .IJ.):tl ARRIVAL FDCED DXY-MONOAY «n»l WT FSn KTV HMI FIT L» MR KSS& WT UN FIT MM AM MA |Bl|| MMG NORTH J7I2W I 3003 I 'MX 16AM ISAM 21*4 MNG GALAXY A/OK SLO SLO SID SLD SLO 101 AM I MMGSUN A/IM lUW
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      Page 36 Advertisements Column 3
      397 36 9 Singapore Soviet Shipping Co. Pte. Ltd. CR NO: **********0N «M BOMBAY/COCHIN VESSEL VOY ISM BOM 1 MEKHAMK KURAKO MK3ON 28/03 OOAM KOTA CAHAYA CAHI79 01/04 00/04 SEA SUCCESS I 03N 13AM 21/04 TRADE FAST TFSIBS 10/04 26/04 ANNOUNCING REGULAR MONTHLY RO-RO BREAK BULK SERVICE SIN/BOM/N.SHEVA VESSEL VOY SW BOM/N.SHEVA'
      397 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      747 37 I iI I =i sytti>wiißiMWANß>Btt (*MD gywi IB §P M *VKi ■I I 'yfSSfl" 1 VOY I S<N 1 PKG CM» 1 MIA I GtN BCN *TM FEL tgj I I NFRBOURG 9711 3 28MAR 29MAR 02APR 11 APR 13APR 14APR 19APR 20APR 21 APR I I n HONGKONG 9712-3
      747 words
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      Page 37 Advertisements Column 2
      753 37 las* Mtfl W I Igfl B. MB* WU M& l£n» ~«|sr [gl^^Tr. 1 aB. gffflb SK- g** gjf SS SS SS XS MB" SS S5 SS Iff 1 sas ss iu a«!» ssa zasss i" 4 Slmkmbu >w ujt ujr ijS mm mm mm mm |ii— 4W wif iim |mm
      753 words
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      Page 37 Advertisements Column 3
      189 37 ft I CITY I yni pgr n* WOK vhse w WOK sxm IB |S!!!Sm 3j 5/S 5/3 |jS S SKBiwi 5/5 JJS #S II I SSS'mm !m S/S Sb/M M/N (Ml M/M MBMSMOM W1« M/M II I iiniirrr rrri mmm mm u/w MM I ffl** wr jama —fljHjjwi ——sihhl VIM
      189 words
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      477 38 /O SINO EXPRESS SHIPPING I f£Z± 11 COLLYER QUAY #06-01 THE ARCADE iSINOTRANSI 8 (*****7 J.TEL: *****90 FAX: *****98 VAfMr WXW TLX; R*****1 SINOEX SINOTRANS SNAN6NAI (CONTAINER SERVICE) VKsa VOYAGE ETA SIN ETAHKG ETA SHA 6. WELL 9708 28/03 0W 06/04 Giuq 9708 04/04 09/04 13/04 O.6LOKY 9710 11/04 16/04
      477 words
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      Page 38 Advertisements Column 2
      148 38 MV "NYK PROVIDENCE" V. 03S ETA SIN 05/04 MV "BYRON BAY" V. 04S I ETA SIN 12/04 FREMANTIE MV "LIBRA AUSTRALIA" V. 11l ETA SIN 31/03 CALL BOOKING: 220-2022 MARILYN/YONG/HAMIDAH/MAS/LOOI rniirCONSOLIDATION, WAREHOUSING, TRANSPORTATION, I HOUSEHOLD REMOVAL AND AIR CARGO SERVICE LCL CONSOLIDATION SERVICE A» MHt* ol Mitsui OSfC Linn Hal
      148 words
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      Page 38 Advertisements Column 3
      112 38 Wk 1 (RENE 20/03 3(V03 mnfMwgiw**.. DELTA STAR 12AM ■CANALP IVM RW*NMW* B'LoHiETWM^rta.Ktawd* I ■STARSIN ■PAN CRYSTAL DubaVM**n/D«iwi«nfcuw* ■a. VERMEZ HotMdrt/JaddrtEaypt -J ■GLOBAL JANE DUM/A. Dh^>VßMn/Dwwn«VKuw«NH Kadianoyow, EVW. Mrtajrta. tnJunwh J IllnrfcnW ■OZGURAKSOY Lo» Amyfftlww OrtwrtChaiWon/ Nortoßt/Cwndan ■HIKAPTANOGLU Lo«A>gH><rHwrOrt—nOit—>:»V Nortofc/Camdan I ■PMARKAPTANOQLU Loa A«v»aa/Haw OrlwnClilw* »V I NortoMOmHn I ILOAOMQFOR
      112 words
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      120 39 LEGEND: rtr«ct.on wrth speed m knot* Wove height SwftCl wind* ore indicated by orrowi w4wdi Hy with Hm wind Q One Mi circle rtp«wnti colm or light ond vortoble wind* 1 One hoK Heche represents 5 knots L» One hJI Meche rapt Merits >0 knot* k One solid triangle represents
      120 words
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