The Business Times, 8 May 1999

Microfilm: NL21496
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES mita (P) 85<t SING APORE Internet: http://business-times.asial.com.sg/ SATURDAY, MAY 8,1999
    13 words
  • Article, Illustration
    Lock icon S'pore to allow foreign lawyers to practise
    877 1  -  Number of joint ventures to be limited, litigation barred:sources By i Catherine Ong [SINGAPORE] Foreign law firms will be allowed to form joint ventures with local lawyers to practise Singapore law under radical proposals to be announced by a govern-ment-appointed committee soon, sources
    SIEW YAW HOONG  -  877 words
  • Article
    MARKET SUMMARY
    61 1 DIBIM6 (-75.19) BT-an 778.46 (-38.66) SOISCI FUTURES Ulaaoiao (-10.50) OTociMiMErnawcEs Friday Change KLSE COMP 191.68 -2199 NIKKEI 16,946 J2 464.09 HANG SENG 1JJ97.4J -***** SET INDEX 24.34 JAKARTA COMP __i76.12 -6.79 MANILA COMP _*626.76 +9.93 TAIPEI WPI 7,469.33 -90.72 SEOUL COMP 819.62 +9.08 CL&A CHINA B 688.74 +121
    61 words
  • Article
    FINANCE
    81 1 FOBEX KATES USI St IBS 1.783 £(L'S$/S$ per 1.636 t7» EURO(U8S/S$ per E) 1.061 L840 DM 1JU 0.M1 YEN 120i 1.411* RM .1806 0.448 HKI 7.781 0.220 BAHT 37.06 (UH6 EUPIAH 7JM 0.021 Stto 100 mio FUME BATES SINGAPORE* 6.825 KUALA LUMPUR use MKAKA 18.00 BANGKOK 14.76 MANILA nM
    81 words
  • Article
    Lock icon Solid US jobs growth fails to spark wage spiral; fears of rate rise ease
    695 1 Markets greet report with relief bat sentiment mated Reuters [WASHINGTON] Solid gains in the red-hot US labour market failed to ignite inflationary wage pressures in April, the government said in a report yesterday that helped ease
    Reuters  -  695 words
  • Article, Illustration
    Lock icon Down-the-hill warning not seen as prelude to Big Bang
    871 1  -  SM Lee probably hitting ont at local banks' turtle pace of reforms: observers By\ Siow Li Sen [SINGAPORE] The "big bang" by Senior Minister Lee Kuan Yew when he warned that Singapore banks were headed "down the hill" came with lower-case
    BT May 7  -  871 words
  • Article
    Greenspan weighs heavy on regional markets
    350 1  -  Comments by SM, DPM also cited as sell factors By R Sivanithy [SINGAPORE] The "feel good" factor in Asia was shoved aside by the "Greenspan factor" yesterday. Almost all regional markets dived on fears that US Federal Reserve chief Alan Greenspan might now be
    350 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Change in law soon to enhance copyright protection on Net
      364 2  -  Move will promote nse of Internet to exploit creative endeavours: Jaya By\ Eugene Low THE government will be amending the copyright law this year to "substantially improve protection on the Internet for many important industries", Minister for Law S Jayakumar
      364 words
    • Article
      Ad spending showing signs of pick-up after dropping 9 months
      317 2  -  Newspapers still get bulk of advertising at 52%, from 49.9% By, Annette Pau ADVERTISING expenditure in Singapore is showing signs of a pick-up despite its third consecutive quarter of negative growth, according to market researcher AC Nielsen's AdEx, which tracks
      317 words
    • Article, Illustration
      Lock icon Potent mix
      114 2 [SINGAPORE] She's no Tom Cruise, but The Hour Glass chiefJannie Tay (centre) was still game to give the cocktail shaker her best shot —all in the name of charity. Having better luck with her concoction was Raffles Hotel general manager Jennie Chua (left), while the fun is just
      SIEW YAW HOONG  -  114 words
    • Article, Illustration
      Online network i-One scores a world first
      328 2  -  Multi-functional online network launched this week By' Tan May Ping SINGAPORE has achieved a significant milestone in its information technology drive with the launch of i-One, the world's first multi-functional online network this week. Developed by i-One.Net International Pte Ltd, i-One offers interactive
      328 words
    • Article
      NCS unit launches smart card
      179 2 ACCESS Management Group, a new business unit of National Computer Systems yesterday launched its lifestyle smart card, Never Ending Wishes (NEW). NEW offers cardholders discounts and promotions at a wide range of outlets. Consumers receive bonus points called NEWS that can be used to redeem
      179 words
    • Article, Illustration
      Ngiam to retire; changes in top line-up
      216 2 NGIAM Tong Dow, permanent secretary (Ministry of Finance), will retire from the Civil Service on June 7. Mr Ngiam, 61, joined the Administrative Service in 1959 and has served in various ministries. He was also chairman of DBS Bank from 1990 to 1998.
      216 words
    • Article
      Price cut for Fairmount relaunch
      153 2 THE 99-year leasehold Fairmount Condominium in Bedok will be relaunched at an average price of $530 per sq ft, or 14.5 per cent lower than the average launch price two years ago. The Hong Leong Holdings 64-unit development was first launched in April 1997 at
      153 words
    • Article, Illustration
      Lock icon Nomura sticks to bearish forecasts for region
      711 2  -  ETE ON THE ECONOMY By t Anna Teo NOT everyone's caught up in the optimism about recovery prospects in Asia Nomura Research Institute is sticking for now with its rather bearish forecasts for the region. While others have been busy jacking up their
      Source:  -  711 words
    • Article
      Online shopping bill totals $26m
      274 2  -  Net users' gender gap closing median age is 25 years By. Audrey Tan SINGAPORE Internet users spent some $26 million last year shopping online, a survey has found. In a study of 11,000 Net users here, e-commerce research company www.consult found that 25 per cent
      274 words
    • Article, Illustration
      Daimler Asia diesel engine business set for 3-6% growth
      360 2  -  Byi Christopher Tan DAIMLERCHRYSLER'S difesel engine business in the Asia-Pacific is poised for a quick recovery from the Asian crisis. After declining two years in a row from its peak performance in 1996, the business represented by subsidiary Motoren-und TurbinenUnion (MTU)
      360 words
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  • FOCUS ON CLOB
    • Article, Illustration
      Lock icon Investors to get Khan offer documents next week
      646 3  -  Offer closes on Jane 15, giving investors about a month to decide Ryi Conrad Raj [SINGAPORE] Clob investors are expected to receive their documents on the cash offer by Kuala Lumpur-based Singapore businessman Akbar Khan for their shares, which are now worth
      FILE PHOTO  -  646 words
    • Article
      Phase out Clob share 'time bomb'
      110 3  -  MAIf.BAO Bay Lim Kee via Internet Singapore I SUGGEST that when the DDay comes in September, the total market valuation of each Clob account (based on latest closing market value) be compiled and then each account holder be allowed to trade within 20 per
      110 words
    • Article, Illustration
      Lock icon Akbar Khan: smart cookie, personable chap
      1055 3  -  The man who made 'outrageous offer' to Clob investors is a go-getter who knows how to have fun, say those who know him By\ Conrad Raj Kheng Lin. Now he is in the midst of divorcing Kheng Lin, from whom he has been estranged
      FILE PHOTO  -  1,055 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
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      26 words
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      Page 3 Advertisements Column 2
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      139 words
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  • ASIA ON THE MEND
    • Article
      Lock icon Foreign funds returning to Malaysian stocks
      672 4 Move being made ahead of its reintrodnction to benchmark indices Reuters [LONDON] Emerging market fund managers who want to outperform their peers are getting into Malaysia ahead of that country's reintroduction to benchmark indices. Locals on the Kuala Lumpur Stock Exchange appear to have
      Reuters  -  672 words
    • Article, Illustration
      M'sia short-term interest rates near floor: economist
      380 4 Not much room left to avoid eroding savings, he says [KUALA LUMPUR] Malaysia's short-term interest rates are nearing their lower limits after being pushed down by the central bank, and have little room to fall further, an economist said yesterday. "From now on,
      380 words
    • Article, Illustration
      Lock icon Indon govt agency hits the road, offering wares to potential investors
      602 4 Items from motorcycles to banks are up for sale Bloom berg [HONGKONG] An Indonesian government agency that controls everything from some of the nation's biggest corporations to a third of its ailing banks, is making its pitch to investors,
      Bloom berg; FILE PHOTO  -  602 words
    • Article
      Lock icon Easier IMF terms for Thailand possible
      349 4 IMF/WORLD BANK REVIEWS Pniids without farther letters of intent mooted Bridge News [BANGKOK] Thailand may be able to receive funds from the International Monetary Fund's US$l7.2 billion (5J29.2 billion) rescue package without having to draft further letters of intent following signs of stability and
      Bridge News  -  349 words
    • Article
      Lock icon Danaharta buys unsecured NPLs
      132 4 AFX-Asia [KUALA LUMPUR] Pengurusan Danaharta Nasional Bhd has started to acquire unsecured non-performing loans from banking institutions at a 90 per cent discount, Bernama reported. Bernama quoted Danaharta managing director Azman Yahya as saying the agency commenced acquisitions of unsecured bad loans earlier this year. He
      AFX-Asia  -  132 words
    • Article
      Lock icon Donors want faster Viet reforms
      366 4 AFP [HANOI] International donors are expected to increase pressure on the Vietnamese government to hasten reforms when they meet for a special mid-year review next month, a World Bank official said yesterday. "Clearly, there is a lot of impatience about progress on the reform front,"
      AFP  -  366 words
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  • REGION
    • Article, Illustration
      Lock icon PAL negotiating with 2 potential white knights: Estrada
      558 5 MANILA One said to be fond investor in airlines and another group from Middle East AFP AILING Philippine Airlines (PAL) is negotiating with two potential white knights to steer the carrier out of turbulence, President Joseph Estrada and his senior aides said
      AFP  -  558 words
    • Article
      Lock icon Move to new federal admin capital begins next week
      215 5 PUTRAJAYA Bernama MALAYSIAN Prime Minister Mahathir Mohamad and the 850-strong staff of the Prime Minister's Department will start moving to the new federal administrative capital here next week. The big shift, starting next Saturday, is expected to take two weeks, said
      Bernama  -  215 words
    • Article
      Lock icon Thailand hopes e-commerce will help overcome woes
      233 5 BANGKOK Easier to manage global info exchange and financial flows AFP THAILAND is hoping the global electronic commerce revolution will help it trump its economic crisis, Finance Minister Tarrin Nimmanahaeminda said in remarks published yesterday. Mr Tarrin believes that greater use of computers
      AFP  -  233 words
    • Article
      Lock icon US$100m syndicated loan for S Vietnam power plant
      199 5 m HANOI Reuters PRIME Minister Phan Van Khai has approved a US$lOO million (Ssl7o million) syndicated loan involving local banks for the first time to fund development of a power plant in southern Vietnam. An executive from the lead bank, the state-run
      Reuters  -  199 words
    • Article
      Lock icon Vietnam bank takeover approved
      230 5 HANOI Move seen as latest step to bring order to country's banks Reuters VIETNAM'S International Joint Stock Commercial Bank in southern Ho Chi Minh City has been given approval to take over the ailing Mekong bank, an official said yesterday. The official from the central bank
      Reuters  -  230 words
    • Article
      Lock icon US banks urged not to help fund China dam project
      343 6 NEW YORK Environmentalists appeal to Goldman, Merrill, Salomon Bloomberg GOLDMAN Sachs Group Inc, Merrill Lynch Co and Salomon Smith Barney Inc were urged by environmentalists not to help finance China's Three Gorges dam, a project expected to flood hundreds of
      Bloomberg  -  343 words
    • Article
      Lock icon Kim to phase out movie quota
      82 6 SEOUL Reuters SOUTH Korean President Kim Dae Jung yesterday said that restrictions on the screening of foreign films should be phased out gradually rather than scrapped. "It would be difficult to immediately scrap the screen quota system due to cultural differences and the backwardness
      Reuters  -  82 words
    • Article
      Lock icon Keep China out of immigrant row: HK democrats
      308 6 ■HONGKONG Reuters PRO-DEMOCRACY politicians urged the Hongkong government yesterday to ditch plans to ask Beijng to help stop a feared influx of hundreds of thousands of mainland immigrants. Pro-democracy legislator Martin Lee met justice chief Elsie Leung to argue against asking China's
      Reuters  -  308 words
    • Article
      Lock icon Asia seen to lead growth in chip equipment sales
      317 6 SINGAPORE Region's recovery will help to pnll market ont of slump: US trade group Bloomberg ASIA will lead the expansion of the semiconductor equipment market, pulling it out of last year's slump as orders pick up with the region's economic recovery,
      Bloomberg  -  317 words
    • Article, Illustration
      Lock icon Aussie banking sector hit by massive sell-off
      340 6 SYDNEY NAB suffers biggest drop of As2-5b in market value AFP INVESTORS slashed A 52.5 billion (552.85 billion) off the market value of National Australia Bank (NAB) yesterday as the sector suffered a major sell-off. Bank shares were hammered by profit-taking, higher bond
      AFP; Source: Bloomberg  -  340 words
    • Article, Illustration
      Lock icon Out to expose exploitation
      91 6 [MELBOURNE] Members ofFair Wearface the Melbourne media during a protest over alleged breaches of Australian labour laws in a central city store yesterday. The group claims that the store exploited outworkers, often children and migrant women working from their homes, who are paid below minimum wages
      REUTERS  -  91 words
    • Article
      Lock icon Indian workers desert town on doomsday fears
      275 6 NEW DELHI Reuters THOUSANDS of workers have fled India's largest shipbreaking yard in panic following predictions of an impending apocalypse, officials said yesterday. The Alang shipbreaking yard in the western state of Gujarat has been deserted following strong rumours about a "doomsday" catastrophe
      Reuters  -  275 words
    • Article
      Lock icon HKMA to submit plan for banking changes very soon
      341 6 HONGKONG HKAB supports idea to set np credit information centre Reuters, AFX-Asia THE Hong Kong Monetary Authority will within the next three months submit a plan for the implementation of changes to the local banking industry, according to HKMA deputy chief
      Reuters,; AFX-Asia  -  341 words
    • ASIA Notes
      • Article
        Lock icon HK int'l circuit leasing fees set to fall
        68 6 Reuters [HONGKONG] Hongkong's telecommunications authority said yesterday that leasing fees for international telecom circuits in the territory would have room for a fall of at least 50 per cent with the liberalisation of external facilities. The government said this week it intended
        Reuters  -  68 words
      • Article, Illustration
        Lock icon It'll be Prof Sakakibara soon: report
        84 6 Reuters [TOKYO] Japan's top financial diplomat Eisuke Sakakibara (above) will start a new life as a professor at the Australian National University (ANU) after he ends his term at the Ministry of Finance in June, Japanese monthly magazine Sentaku said in its May edition.
        Reuters  -  84 words
      • Article
        Lock icon Korea stock fund starts selling shares
        101 6 Bloomberg [SEOUL] South Korea's Stock Stabilisation Fund, which was set up by listed companies in 1990 to stabilise the stock market, said yesterday that it had started selling shares worth 400 billion won (S$S66 million) to realise profits. The fUnd's move to sell shares
        Bloomberg  -  101 words
      • Article
        Lock icon Indian heat wave claims 150 lives
        87 6 AFP [NEW DELHI] A searing heat wave has claimed up to 150 lives across India, with millions struggling to find any relief they can from the soaring temperatures, officials said yesterday. Most deaths have occurred because of sunstroke and were reported from the eastern
        AFP  -  87 words
      • Article
        Lock icon Apec symposium on crisis in July
        45 6 Reuters [CHRISTCHURCH, New Zealand] Asia Pacific Economic Cooperation (Apec) officials will hold a symposium in Tokyo in July to assess how the Asia Pacific region is recovering from its economic crisis, the New Zealand foreign ministry said yesterday. —Reuters
        Reuters  -  45 words
    • Article
      Lock icon 20b yuan drop in revenue from China telecom fee cuts
      340 6 SHANGHAI Reuters CHINA'S telecommunication sector could see a drop of some 20 billion yuan (Ss4.l billion) in revenues this year due to nationwide fee cuts effective in March, the Shanghai News reported yesterday. It said lower communications charges would cost
      Reuters  -  340 words
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  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      69 6 CARPET WAREHOUSE SALE 73 pieces of Hand Woven Carpets are ready for Clearance We have Turkish, Anatolian, Persian, Iranian Azerbaijan kilims wool and silk carpets. All sizes and corridors available Lowest offer price at $50 per piece. DO NOT MISS IT! Sunday 9 May 1999 n 10 am to 6pm
      69 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Honda picks Alabama for next US plant
      388 7 ATLANTA USs4oom factory expected to create I,soojobs FT, Reuters, Bloomberg HONDA is to build its fourth North American plant in Alabama, a coup for the state's economy and an even bigger one for its image. Alabama beat rivals Georgia and Illinois to win
      FT,; Reuters,; Bloomberg; AFP  -  388 words
    • Article
      Lock icon This is the best of times, say US bosses
      206 7 WILLIAMSBURG Reuters LEADERS of major US corporations said on Thursday that the struggling global economy was turning around, another plus for a spectacular American economy. Members pf the Business Council, a group of chief executives from 300 large corporations, said the
      Reuters  -  206 words
    • WORLD Watch
      • Article
        Lock icon Major bank law rewrite passed
        56 7 Bloomberg [WASHINGTON] Hie United States Senate on Thursday passed a major rewrite of US bank laws, handing a big victory to Senate banking chairman Phil Gramm and Federal Reserve Board chairman Alan Greenspan. The Bill repeals the 1933 Glass-Steagall Act which prevents banks from combining
        Bloomberg  -  56 words
      • Article
        Lock icon Atlanta Olympic bid inquiry begins
        39 7 NYT (NEW YORK] A United States House subcommittee began an inquiry on Thursday into Atlanta's bid effort for the 1996 Olympics and is sending federal investigators to review all records related to the campaign.—NYT
        NYT  -  39 words
      • Article
        Lock icon Russia avoids runaway inflation
        69 7 Bloomberg [MOSCOW] Russia, which defaulted on its debts last year and sent stocks and bonds into a tailspin around the world, has pulled back from the brink of economic meltdown and is avoiding runaway inflation. Consumer prices rose 3 per cent in April, little changed from
        Bloomberg  -  69 words
      • Article
        Lock icon German unemployment down, but...
        54 7 AFP {NUREMBERG, Germany] The number of people out of work in Germany fell in April, but the improvement was purely a result of seasonal factors. Data published by the Federal Labour Office yesterday showed that 4.145 million people, 10.7 per cent of the working population, were
        AFP  -  54 words
    • Article
      Gold tumbles to US$282 on news of BOE's 425-tonne sale
      574 7  -  Market taken by surprise as UK plans to sell 125t in five auctions this year From Neil Behrmann in London GOLD tumbled US$6 to U*****.75 after the UK Treasury announced that Britain would be selling 415 tonnes of gold worth
      574 words
    • Article
      Lock icon We'll give you one erection a week: UK
      188 7 U LONDON AFP BRITAIN will pay for one Viagra-inspired erection a week for men who suffer impotence for medical reasons, Health Secretary Frank Dobson announced yesterday. He issued guidance to doctors telling them to prescribe one tablet a week to a narrow
      AFP  -  188 words
    • Article
      Lock icon Labour fends off Scottish independence for now
      584 7 EDINBURGH It bags place in first Scot parliament but faces stiff opposition AFP SCOTLAND awoke to a new political era yesterday with Labour emerging as the largest party in the first Edinburgh parliament for three centuries, but with pro-inde-pendence nationalists forming the main
      AFP  -  584 words
    • Article, Illustration
      Lock icon Tussauds raises £230m via wax-backed bonds
      409 7 LONDON Bond sale is first of its kind by leisure and tourism industry Reuters THE Tussauds Group, owner of London's famous Madame Tussaud's waxworks museum, raised £230 million (***** million) yesterday by issuing bonds backed by revenues from its top attractions. The group, which
      Reuters; FILE PHOTO  -  409 words
    • Article
      Lock icon US must avoid becoming complacent: Summers
      354 7 WILLIAMSBURG, Virginia Bloomberg US policy-makers should "guard against complacency" as the global economy begins to recover, Deputy Treasury Secretary Lawrence Summers said yesterday. "We've certainly seen some good times," Mr Summers said in an interview on CNBC. "It's a tribute to what the private
      Bloomberg  -  354 words
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  • FOCUS
    • Article, Illustration
      Lock icon The hardsell of Habibie and history
      828 8  -  His popularity in the outer islands and a huge political machinery are two things that Golkar has going for it The party must tread both lines carefully Reports by Shoeb Kagda [UJUNG PANDANGJ INDONESIA'S ruling Golkar party is aggressively promoting BJ Habibie as the
      FILE PHOTO  -  828 words
    • Article, Illustration
      Lock icon More volatility ahead for South Sulawesi
      851 8 Ethnic and religions conflict looms large in province in ron-np to Jnne 7 polls [UJUNG PANDANGJ Twenty-two-year-old Hasbi does not consider himself a radical student. Yet a day after the Istiqlal Mosque bombing in Jakarta last month, he and some of his student friends
      FILE PHOTO  -  851 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Countertenors strike new chord
      1450 9  -  Today's breed of countertenors defies the notion that men who sing like women aren't man enough, justxm davidson talks to some top-notch singers JUSTIN DAVIDSON LAT-WP A PEAL of high notes ricochets down the mouse-grey hallway of an office building in lower Manhattan. The flamboyance of
      LAT-WP; FILE PHOTO  -  1,450 words
    • Article, Illustration
      Lock icon New Star Wars dazzles theatre owners in US
      429 10 FILM Overwhelming favourable response at special screenings of Lncas film LAT-WP [LOS ANGELES] One exhibitor describes it as a "Disneylike ride" from beginning to end. Another exhibitor calls it a "people's movie, not a critic's movie". And another says he can't wait
      LAT-WP  -  429 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
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      Page 9 Advertisements Column 2
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  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      1721 10 CRYPTIC CROSSWORD ACROSS i u i i. L |a 1 2 3 4 5 7 8 1 Pity old politician seen in dodgy casinos H[ |H H 6 Army NCO gets two English ducks (4) 9 I 9 Merry monarch meets stout HP |h| songwriter (4,6) 10 In Vespasian's reign,
      1,721 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon SembCorp sells all of its FCC shares for $150m
      378 11  -  ING Merchant Bank buys 58m shares at $2.58 apiece By David Boey [SINGAPORE] SembCorp Industries said yesterday that it has sold all 58 million of its shares in listed property developer First Capital Corporation to ING Merchant Bank (S'pore) Ltd for
      Source: Bloomberg  -  378 words
    • Article
      Lock icon Potential investor vying for Econ stake
      177 11 Rumours say it's likely to offer 70-80 cents per share AFX-Asia [SINGAPORE] Econ International Ltd said that it has been advised that a potential investor is interested in acquiring a stake in the compa- ny. "The directors understand that the party is negotiating with
      AFX-Asia  -  177 words
    • Article
      More deals in the offing for MPHB companies?
      659 11  -  HOCK LOCK SIEW Ruth Wong BANDAR Raya Developments Bhd, the property arm' of Multi-Purpose Holdings Bhd (MPHB), revealed last week that it planned to buy a plot of land from Renong Bhd's unit Prolink Development. This deal appeared to confirm market rumours
      659 words
    • Article, Illustration
      Lock icon Allgreen jumps 68% on IPO debut
      446 11  -  Counter closes 70 cents higher at $1.73, despite market's dive By. Ang Wan May [SINGAPORE] Allgreen Properties bucked the stock market's retreat yesterday to put on a 68 per cent premium on its debut on the main board. The company's shares went as high
      Source: Bloomberg  -  446 words
    • Article
      Ancom-led group to buy 51.9% of Nylex
      327 11  -  RMl75m purchase to be followed by general offer From Diana Oon Abdullah in Kuala Lumpur A CONSORTIUM of buyers has agreed to buy 51.9 per cent in diversified industrial conglomerate Nylex Bhd, paying 175 million ringgit (5578.4 million), or RM1.50 per share, from
      327 words
    • Article, Illustration
      Lock icon Liang Court up 13% on Pidemco deal
      415 11  -  Takeover could give a lift to group's business analyst By. Marissa Chew [SINGAPORE] The market yesterday reacted positively to news that governmentlinked Pidemco Land was taking over Liang Court Holdings, with the share price of Liang Court rising 11.5 cents or 12.7 per
      FILE PHOTO; Source: Bloomberg  -  415 words
    • Article
      HPL to raise $53m via issue of 41.1m shares
      214 11  -  By. Ang Wan May [SINGAPORE] Hotel Properties is tapping the improved market sentiment with a private placement of 41.1 million new shares at $1,288 a share to raise $53 million. The net proceeds of $51.75 million will be used to reduce
      214 words
    • Article
      Lock icon Stanchart deal under threat: Nakornthon
      321 11 Govt has to make a decision on the deal this month, it says AFX Asia [BANGKOK) The acquisition of Nakornthon Bank by Standard Chartered Bank may be in jeopardy if a decision on the technicalities of the deal is not made by Finance Minister Tarrin
      AFX Asia  -  321 words
    • COMPANIES
      • Article
        NSTP to sell finance assets to cut RM1b debt
        665 12  -  Analysts hail plan, say CAHB and insurance firms ha ve little strategic fit From Ruth Wong in Kuala Lumpur NEW Straits Times Press (NSTP) plans to sell its stakes in listed commercial bank Commerce Asset-Holding Bhd (CAHB) and two insurance companies,
        665 words
      • Article, Illustration
        Lock icon HKTel profit drops 7.7% amid competition, slump
        736 12  -  Fall is 32% if it factors in previous year's HKs4.s6b net exceptional gaita From< Quak Hiang Whai in Hongkong A SHARP drop in its revenue from international calls amid stiff competition and the economic slowdown drove the profit of Hong Kong Telecommunications Ltd
        REUTERS  -  736 words
      • Article
        Lock icon Deloitte pulls Guangnan 1997 audit report
        320 12 Report based on statements which company now says may be revised Reuters [HONG KONG] Deloitte Touche Tohmatsu said yesterday that it had withdrawn its 1997 audit report on food distributor Guangnan (Holdings) Ltd because the report was based on statements from the company which
        Reuters  -  320 words
      • COMPANY Briefs
        • Article
          FJB gets $41m credit extension
          58 12 [SINGAPORE] FJ Benjamin has been extended a $41 million revolving credit expiring oil March 2001 from 13 banks. Chief executive Frank Benjamin said the group is evaluating opportunities in markets and brands, and "hopes to finalise these new deals soon". The $41 million facility extends
          58 words
        • Article
          GRP gets time for loan repayment
          61 12 [SINGAPORE] GRP yesterday said its banks have signed a standstill agreement on May 5 not to take action against the company for repayment of loans. This will enable GRP to restructure its debts and dispose of non-core assets to reduce borrowings. The agreement is
          61 words
        • Article
          Goldman places warrants on DBS Local
          59 12 [SINGAPORE] Goldman Sachs has placed out another 00 million zero strike call warrants relating to DBS Local shares. These will be consolidated with an existing 60 million similar warrants (which start trading on Monday) to form a single series. But dealing in the 80
          59 words
        • Article
          RHB gets extension on Sime Bank sale
          88 12  -  -By Ruth Wong [KUALA LUMPUR] Malaysian conglomerate Sime Darby said it has agreed to RHB Bank's request for a one-month extension to May 31 on the cut-off date of its Sime Bank share sale agreement. The agreement requires that all shareholders and relevant
          88 words
        • Article
          Renong managing director quits
          49 12  -  -By Diana Oon Abdullah [KUALA LUMPUR] Renong Bhd's managing director Mohamed Zakir Sidek has resigned and is said to be leaving to pursue other corporate interests. Appointed in 1995, he has played an instrumental role in Renong's recent debt revamp exercise. —By Diana Oon Abduliah
          49 words
        • Article
          Tri-M forms Philippine unit
          31 12 [SINGAPORE] Tri-M Technologies has formed a wholly owned unit in Philippines for contract manufacturing. Tri-M Technologies (Philippines) has a paid-up capital of 7.7 million Philippine pesos (*****,000).
          31 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Microsoft set for major role in high-speed Net
        426 13 Tie-up may be good news for software developers eager to create a new class of games Reuters, LAT-WP [SEATTLE] By agreeing to invest US$5 billion (SsB.s billion) in AT&T Corp, with one sweeping deal, Microsoft has forged a wide-ranging alliance with the
        Reuters,; LAT-WP  -  426 words
      • GLOBAL Briefs
        • Article
          Lock icon Intel shares fall on earnings outlook
          73 13 Bloomberg [SANTA CLARA, California] Shares of Intel Corp, the world's largest computer chipmaker, fell 6.7 per cent on Thursday amid concern that second-quarter earnings could be lower than forecasts because of falling prices. Intel is expected to earn 54 US cents a share in
          Bloomberg  -  73 words
        • Article
          Lock icon Fiat CEO denies talks with Ford
          46 13 Bloomberg [ROME] Fiat SpA is not holding merger talks with Ford, the world's No 2 carmaker, chief executive Paolo Fresco said yesterday, shooting down market rumours that sent the shares of Italy's largest automaker up 2.9 per cent on Thursday.—Bloomberg
          Bloomberg  -  46 words
        • Article
          Lock icon Seagram loss deepens in Q3
          73 13 Reuters [MONTREAL] Seagram Co on Thursday reported a deeper third-quarter loss and said it expects its film business to continue to lose money over the next several quarters. It had a net loss of US$l99 million (*****.2 million), or 50 US cents a share, in
          Reuters  -  73 words
        • Article
          Lock icon Netscape founder into Internet stocks
          60 13 Bloomberg [SAN FRANCISCO] Netscape Communications Corp founder Jim Clark said on Thursday the bulk of his personal investments is in Internet companies because he expects them to be among the top-performing stocks in the next three or four years. Mr Clark said less than 10
          Bloomberg  -  60 words
      • Article
        Lock icon Seagram, AT&T, others near digital music deal
        253 13 Bloomberg [OSAKA] AT&T Corp, Matsushita Electric Industrial Co, Bertelsmann AG's BMG Entertainment unit and Seagram Co's Universal Music Group are close to forming an alliance to develop a system to distribute music online, people familiar with the negotiations said. The alliance will seek
        Bloomberg  -  253 words
      • Article, Illustration
        Lock icon McDonald's buys Donatos pizza chain in Midwest
        483 13 That's the third non-burger business it's bought since 1998 FT [NEW YORK] Ronald McDonald, that icon of American burger consumption, has developed an appetite for pizza. After more than four decades of sticking loosely to the fast-food format set down by Ray Kroc,
        FT; FILE PHOTO  -  483 words
      • Article
        Lock icon Morgan Stanley to buy stake in Easdaq exchange
        275 13 Bloomberg [BRUSSELS] Morgan Stanley Dean Witter Co agreed to buy an unspecified stake in the Easdaq exchange, a panEuropean stock market for technology companies, the Easdaq said. Morgan Stanley officials were not immediately available to comment. The Brussels-based Easdaq is finishing up
        Bloomberg  -  275 words
    • Article
      BT SHARE INFORMATION SERVICE
      4156 13 Nataar* CM MX, Mar 31 P 438.W. 297 JOL 6IL 41L Bate TY IV TV W NaC Broadway Wart* P 24.173 17.479 T7X 1X0 Cswpany aw» (>W) ($1) «H) tmi NatOactronics Mar 3 P 68X06 34.088 174 tlx t #t3WL &4841. 32L 34L ANAHotob Mar 31
      4,156 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon US investment banks back e-trading system
        435 14 Rescue package meant to force change at US, Europe bourses FT [LONDON] Leading US investment banks have joined a consortium that plans to take control of a financially troubled UK electronic sharetrading system, in a move that could pose a challenge to established stock
        FT  -  435 words
      • Article, Illustration
        Lock icon No pay, no work on Saturday
        75 14 [FRANKFURT] Demonstrating bank employees passing by the skyscraper towers of Deutsche Bank as more than 10,000 bank employees take to the streets in Frankfurt/Main on Thursday, in what unions described as the biggest protest rally in the history of German banking. They were protesting
        AFP  -  75 words
      • Article
        Lock icon Lloyd's of London warns it's sliding back into losses
        316 14 Increased supply of capital, competition hurting syndicates Reuters [LONDON] Insurance market Lloyd's of London, which is still recovering from the disastrous losses of the late 1980s and early *****, warned yesterday that its syndicates would start sliding back into loss for
        Reuters  -  316 words
      • Article
        Lock icon ABN Amro to buy BankAm's Asian branches
        381 14 Dutch bank may boy 8 units for USs22sm, according to source Bloomberg [AMSTERDAM] ABN Amro Holding NV may pay as much as US$225 million (*****.5 million) to buy Bank of America Corp's retail businesses in Asia, and an agreement is expected next week,
        Bloomberg  -  381 words
      • Article
        Lock icon SEC may ask firms to disclose hedge fund exposure
        261 14 Bloomberg [WASHINGTON] The US Securities and Exchange Commission is considering a rule that would require all public companies to disclose their exposure to hedge funds, banks and other institutions that rely heavily on credit, an SEC official said. "The material financial
        Bloomberg  -  261 words
      • Article, Illustration
        Lock icon US$ bulls losing foothold
        431 14 Euro/USS: Euro weakened slightly at the start of the week to touch a low of 1.0555 on Monday. Subsequently, the unit climbed gradually to hit a high of 1.0828 by Thursday. The next line of defence against further gains is at 1.0890. A clear breach of
        Source: DBS Bank  -  431 words
      • Article
        Futures down on fear of a US rate hike
        155 15  -  mm ran Reports MSCI Singapore Index Christopher A Podbury, Jardine Fleming SELLING activity drove the Simex MSCI Singapore Stock Index futures May contract lower in trading yesterday. The selling activity was mainly driven by a weaker cash market on concern that
        155 words
      • Article
        Futures dive in line with Nasdaq's fall
        175 15  -  MSCI Taiwan tatures Vincent Ngiam Refco Singapore THE Simex MSCI Taiwan Stock Index futures yesterday plunged on the back of an overnight drop in the Nasdaq Composite Index, which is loaded with US high-technol-ogy shares. The Taiwan stock index also fell 90.72 points
        175 words
      • Article
        Lock icon Oil prices retreat as huge European stockpile weakens demand
        309 15 ENERGY REPORT Reuters [LONDON] Oil prices backtracked further on recent strong gains yesterday as heavy European petroleum stocks showed signs of weighing on the market, analysts said. International benchmark Brent crude oil flitures traded down 33 cents to U5516.23 a barrel
        Reuters  -  309 words
      • Article
        Lock icon CURRENCY REPORT
        307 15 Reuters London DOLLAR, yen and euro stayed within well-trodden ranges yesterday after US employment data failed to spring any major surprises, but the euro is likely to be the favoured currency going forward, analysts said. "Any further signs that the conflict in Kosovo is coming to an end
        Reuters  -  307 words
      • Article, Illustration
        Untitled
        1090 15 All-smi Maluf > i )(r. Short 1 3 y»i Lono: > 3 »r$ DVTERBAMK CROSS RATES May 7 a m m <"<*»- nam., a a, m rn* CM!" IOU m its IS Vim 1239 SSSS"u oks 12U i 1 i'5u® 3<aj3 lB 4 0 7 3 i*"24,7.7 "0» 0.6M cWW
        1,090 words
      • Article
        Untitled
        1517 15 nOOMTOTTOBS Ma r ■WawiindMiulUIW U. aS <££ iJg i".;- '5 s»« 2£2i 275 SaL m M8 00 275 ®£Jk» m.50 900 JMflNr 00 tts.00 ISS 3 CONTRACT <93 (Mbyte) Omo ""I 1 sttt mn> hUMrtt JsHMK 59.50 5W5 59.00 400 1760 22 m 22 OQ $5-5 T785 Sf/nLoa 6225 1785
        1,517 words
    • Article
      WORLD STOCK MARKETS
      2102 16 mil Hmt 31 Croup 7.02 0.01 AMoy National 13.49 -0.39 AS Foods 4.78 0.16 A B Ports 2.83 -0.01 Alliance Lokostor 8.82 -0.19 AMod Domocg 5.41 O.tl A Mod Zurich 7.71 -0.04 Anglo Amertcon GoM 40.80 -0.80 ASOA Group 1.90 -0.06 Bank of Scotland 8.75 -0.26 Barclays
      2,102 words
    • Article, Illustration
      Lock icon HONGKONG
      1349 16 AFP QmngSeng -***** HONGKONG share prices fell 4.2 per cent yesterday to close below the 13,000-point level on profit-taking spurred by a decline on Wall Street and an inflation warning by the US Fed chairman, dealers said. "The main concern is over the US interest rate trend, although the
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      Lock icon CHINA
      516 16 Reuters, AFX-Asia yjgjijißhig -Oi» SHENZHEN'S hard currency B shares closed lower yesterday after domestic investors cashed in on gains from a surge fostered by a recent inflow of foreign funds. The B share index fell 0.89 point to 57.22 on turnover of HKJI7.9 million, down from Thursday's heavy turnover
      Reuters,; AFX-Asia; Source: Credit Lyonnsis Securities(Asia) Ltd  -  516 words
    • Article
      Lock icon TAIPEI
      338 16 AFP QwPlndac -90.12 TAIWAN share prices fell 1.2 per cent yesterday below the 7,500-point level with sentiment dampened by an overnight fall on Wall Street and a warning on inflation by the US Federal Reserve chairman, dealers said. "There was no good news today from overseas. The stock markets
      AFP  -  338 words
    • Article
      Lock icon TOKYO
      1629 16 AFP, Bloomberg Nikkei 225 -364J> SHARE prices in Tokyo fell 2 per cent yesterday as investors took profit after the previous day's strong gains, brokers said. The key Nikkei index lost 354.09 points to end at 16,946.52 on the Tokyo Stock Exchange. "Today's fall is nothing more than expected
      AFP,; Bloomberg  -  1,629 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8793 17 Columnar pnMi tW Laat Yai Day Nat Cap Hm law Cimpany Sala •OOP High Law P/I >wll 330 2SS Aflnomoto 310 -10 6 330 310 17.1 125.6 85 46 Angkasa 75 -4 90 80 75 110.6 283 220 Apollo Food Hlg 270 unci 1 270 270 9.4 108.0 204 115
        8,793 words
      • Article, Illustration
        Lock icon Shares tumble on fears of US rate hike
        379 17 AFP Composite Index -25J) MALAYSIAN share prices fell 3.6 per cent yesterday in heavy profit-taking with investors hit by fears of an interest rate increase in the United States, dealers said. "Some investors are just liquidating positions to take some profit. This
        AFP  -  379 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Guthrie warrant has fairly decent numbers
        186 18  -  WARRANT WATCH -By R Sivanithy FROM the looks of it, the market is rapidly running out of ideas every sector has been whacked, churned and re-eval-uated over the past few months, not once but several times over. Finding value is almost impossible now so
        186 words
      • Article
        Untitled
        2209 18 •OHM, LOANS ft SI Last Val Day Last OuoO Ayg High Law Strvo Company Sal* ♦Of- COOO) High Law Buyer Sollor Prteo 29 3 3160 *Acar ******1 US$ 22.9 -1 339 24.9 22 22 23 399 4.9 f 3164 Acma *(*****4 31.5 -2 852 34 30 31.9 32 31 30
        2,209 words
      • Article
        CLOB INTERNATIONAL
        217 18 HON9KOM STOCKS fir Or Last V* Day Last Qua«* Mr OK VM Nat MC« H>» la» Stna Cmpny Ml COOP) H>» L— Buyr Mw CV M W 345 173 5123 CDL(2000)HK 280 id -37.5 2 280 280 282.5 320 8 3.7 2.9 9.5 ***** 5124 Cathay Pac 20e
        217 words
      • Article
        Lock icon WELLINGTON
        280 18 AFP P Wellington -2L82 NEW Zealand shares fell one per cent yesterday, propelled by a sharp fall in market leader Telecom Corp, dealers said. Telecom's weakness dragged the rest of the market down, with the NZSE-40 Capital Index closing 21.82 points lower at 2,227.07.—AFP ESI i re— Adv«ntaq« HOS
        AFP  -  280 words
      • Article, Illustration
        Lock icon BANGKOK
        903 18 AFP □set latex -H34 THAI stocks succumbed to profit-taking yesterday, slipping 4.7 per cent after a weeklong bull run powered by hopes of imminent economic recovery. Dealers said the drop was in line with expectations that the market was overvalued at the 500-point level it breached to set a
        AFP  -  903 words
      • Article
        Lock icon SEOUL
        385 18 AFP f"l Composite fata +&06 SOUTH Korean share prices closed barely higher yesterday as profit-taking capped fresh gains following recent steep rises, dealers said. The market stayed in positive territory on rotational play in flnancials, with sentiment supported by a central bank announcement on Thursday that it will keep
        AFP  -  385 words
      • Article
        Lock icon SYDNEY
        664 18 AFP P All Ordinaries -6QJ AUSTRALIAN share prices fell 1.7 per cent yesterday as a major sell-off in the banking sector dragged the rest of the market lower and pushed the local barometer below the key 3,000-point level, brokers said. The All Ordinaries Index dropped 50.9 points to 2,987.70.
        AFP  -  664 words
      • Article, Illustration
        Lock icon JAKARTA
        679 18 AFP Q Composite Index -6.71 INDONESIAN share prices closed one per cent lower yesterday on profit-taking but with declines capped by rises in Telkom, Indosat and cigarette stocks, dealers said. A dealer with Lippo Securities said the broad market was sold down with the exception of certain large caps.
        AFP  -  679 words
      • Article
        Lock icon MANILA
        324 18 AFP H Manila *M 3 PHILIPPINE share prices rose 0.4 per cent yesterday due to continued bullishness and high liquidity as the market sustained a rise to its highest level in almost 21 months. The Composite Index rose 9.93 points to close at 2,526.76 points. Volume was 2.43 billion
        AFP  -  324 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6525 19 Transaction date May 7 Or Or M Wt Last Vat Day Laat OMto Mr Mv VM MM Cap Avg Law StHa Company l<H POOP) Law »wyar 8a*ar Cw P/t Plica ihhhihhhhbhhhhhhhhhhhhhhhhhhhhhhhhbhbhhhhhhhh 127 17.5 m b WOO Acrrvi 50c H9 cd -5 2329 125 118
      6,525 words
    • Article
      SESDAQ
      1274 19 jjjj> CIW>W| tSf fOOQ> —yuilr CV W %jS Prtc? 152 JO C 2049 AS Auto 10c H9 «-1 6666 126 IM 119 120 IS N 7 13 11.2 13S.9 115 ,n2* it c ?°5] AS-IHWyjOc 67 -5 40 73 67 69.5 72 33 10 9 11 II 60 3
      1,274 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        380 20 Stodu votoKM AJIgrewi 50c 149,000.000 First Capital 63,404,000 Econ Intl 20c 36,668,000 Liang Court50c 34,318,000 Teamsptere 5c 24,262,000 Tuan Sing 25c 21,775,000 •TanChooQlfttSOc 20,826,000 Uang Court Wt 20,062,000 CSC Sys Engg 5c 19,931,000 Popular 10c 19,154,000 SUdu AHgrctn 50c 265,978,WO First Capital 163,812,232 DBS Foreign 57,121,534 SPH 46,044,586 0C8C Foreign
        380 words
      • Article, Illustration
        Greenspan's comments spark selling pressure
        575 20  -  STOCK MJJLKHT COMMENTARY Other major regional bourses hit too as inflation remark raises spectre of rising interest rates By R Sivanithy THE local market buckled under the weight of massive selling pressure yesterday following comments on Thursday by Fed chief Alan Greenspan about the possibility
        575 words
      • Article, Illustration
        HOT STOCK
        64 20  -  By Wong Wei Kong POPULAR shares closed up 2.5 cents yesterday at $0.52 on a volume of 19.2 million shares, compared with its 10day traded average of 5.44 million units. The stock is still some way off its 52-week high of $0.61 and technical indicators such as the
        64 words
      • ON THE GRAPEVINE
        • Article
          Turbo-charged
          47 20 DID you know that DaimlerChrysler requires all Its business units to achieve at least a 15.5 per cent return on capital employed? This is higher than the 12 per cent requirement for Daimler-Benz before it merged with Chrysler. Many companies here aim for 10-12 per cent
          47 words
        • Article
          From Y2K to W2K
          90 20 ALL of us have heard about Y2K, the Year 2000 bug. And now, here's W2K. That*s short for Windows 2000, the next Windows operating system from Microsoft Corp. It is scheduled to debut in Singapore on July 2, but beta versions are currently available for customers
          90 words
        • Article
          Man U to set up shop here
          130 20 MAN U soccer fans here will soon be able to buy their favourite souvenirs from the club's own shop here. A Reuters report said Manchester United, rated the moet profitable soccer club in the world, plans to open branches of the chain in
          130 words
        • Article
          AAS not spared the blues
          123 20 IT was a tough, bumpy tide for Singapore's car business last year with sales badly hit by the economic slowdown. Even the Automobile Association of Singapore, representing some 80,000 motoring members, was not spared this. In 1990, the AAS slipped into reverse gear with a
          123 words
        • Article
          That's IT
          91 20 AN IT executive was puzzled when a National Computer Board (NCB) official acted as ifhe knew him very well, because the IT executive had never met this NCB official before. The awkwardness soon showed and the NCB official began to wonder why. Then it dawned on him that
          91 words
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      1448 12 PIDEMCOLAND LIMITED (Incorporated in the Republic of Singapore) SOMERSET LAND PTE LTD a wholly-owned subsidiary of Pidemco Land Limited (Incorporated in the Republic of Singapore) ACQUISITION OF A MAJORITY STAKE IN LIANG COURT HOLDINGS LIMITED AND UNCONDITIONAL CASH OFFER FOR UANG COURT HOLDINGS LIMITED Introduction The Directors of Pidemco Land
      1,448 words
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      1175 14 I SUPERIOR METAL PRINTING LIMITED I I (Incorporated in the Republic of Singapore) I I cS?J£!? Annual General Meeting of Superior Metal Printing Limited will be held at 7 Benoi Sector, I I Singapore *****2 on 25 May 1999 at 2.30 pm to transact the following business: I AS ORDINARY
      1,175 words
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      34 17 Classified First. Wion* fl /iome with a sea view? Or simply seeking a new nest? Make the right move: check The Straits Times Classified First. CATS. Buy k. S#l It. Find It. 1 o
      34 words
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      Page 18 Advertisements Column 1
      106 18 NOTICE IS HEREBY GIVEN that I, ONG MONG CHEE of Blk 631 Hougang Avenue 8 #10-18 Singapore *****1, have applied for a Beer House First Class Licence in respect of M/s KPT (Eunos) Pte Ltd located at Blk 7 Eunos Crescent #01-2665 Singapore *****7, and that this application will be
      106 words
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      Page 18 Advertisements Column 2
      104 18 NOTICE IS HEREBY GIVEN that I, LING LAY KUAN of 37 Chai Chee Avenue *14-295, Singapore *****7, have applied for a Public House, First Class Licence in respect of M/s Fuel Entertainment located at 371 Beach Road *01-20, Key Point, Singapore *****7, and that this application will be considered by
      104 words
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      Page 18 Advertisements Column 3
      104 18 NOTICE IS HEREBY GIVEN that I, Mariammal dw/o Subramaian of Blk 752 Jurong West 5t.74 *02-24 Singapore *****2, have applied for a Retail Liquor Shop licence in respect of M/s Jayanthi Provision Shop located at Blk 633 Veerasamy Road #01-136, Singapore *****3, and that this application will be considered by
      104 words
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      Page 18 Advertisements Column 4
      9 18 Visions FUTURE ,//v BETTER THAN DREAMS of !/n> PAST
      9 words
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      103 19 NOTICE IS HEREBY GIVEN that I, TAN AH PENG of Blk 714 Bedok Reservoir Rd #04-3024 Singapore *****4, have applied for a Beer House, Ist Class Licence in respect of M/s Qing Sheng Restaurant located at 709 Geylang Road Singapore *****4, and that this application will be considered by the
      103 words
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      Page 19 Advertisements Column 2
      105 19 NOTICE IS HEREBY GIVEN that I, YANAPRA KASAM JOSEPH of Apt Blk 753 #11-554 Woodlands Circle, Singapore *****3, have applied for a Beer House, First Class licence in respect of M/s Joe's Place located at 180 Albert St. #01-03 Albert Court, Singapore *****1, and that this application will be considered
      105 words
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      Page 19 Advertisements Column 3
      109 19 NOTICE IS HEREBY GIVEN that I, TAN TECK SENG of Blk 129 *03-102 Geylang East Ave 2, Singapore *****9, have applied for a 2nd Class Beer House Licence in respect of M/s Tian Jin Restaurant located at Blk 231, Bain Street *02-01 Bras Basah Complex, Singapore *****1, and that this
      109 words
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      Page 19 Advertisements Column 4
      104 19 NOTICE IS HEREBY GIVEN that I, ONG SWEE GUAN of 4SOD East Cost Road, Singapore *****8, have applied for a Wholesale Liquor Shop Licence in respect of M/s Columbus Distributors Pte Ltd located at No. 42 Kaki Bukit Crescent, #04-02, Singapore *****7, and that this application will be considered by
      104 words
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      1209 20 Want to talk investments with your peers 7 Join our forum at "http://iol.dbs. com.sg/iol/bbs". SSI MSBANK To advertise call toll-free"l!ooT4l 1883 Fax No: 741 1298 NOTICE IS HEREBY GIVEN that I, WONG NGAN PENG of No. 28 Lorong 26, Geylang, #07-02 Brightview Apartment Singapore *****5, have applied for a Public
      1,209 words
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      Page 20 Advertisements Column 2
      344 20 NOTICE IS HEREBY GIVEN that I, LIM GUAN LAY of Blk 208 Pasir Ris St 21 #09-354 Singapore *****8, have applied for a Public House, Second Class Licence in respect of M/s Ngee Ann Xin Tao Yuan Company Pte Ltd located at 391 Orchard Road #05-12/13 Ngee Ann City Singapore
      344 words
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      Page 20 Advertisements Column 3
      7 20 CATS Buy It. Sell it. Find It.
      7 words