The Business Times, 8 June 2001

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Total Pages: 38
1 38 The Business Times
  • 16 1 THE BUSINESS TIMES MITA (P) 107/03/2001 SINGAPORE Internet: http://business-times.asia 1 .com.sg/ FRIDAY, JUNE 8, 2001 85c
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  • 79 1 sn 1483.77 (+4.64) BT-SRI 055.76 (-0.68) ST INDEX FUTURES 1,682 (4.00) SIMSCI FUTURES 206.68 (+0.87) STOCK MARKET INDICES Thursday Change KLSE COMP 567.15 +3.07 NIKKEI 225 13,***** +102.67 HANG SEXG 13,703.43 +127.42 SET INDEX .308.04 -2.42 JAKARTA COMP 397.96 +0.36 MANILA COMP 1.406.65 +17.13 TAIPEI WPI 5,153.35 -67.08
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  • 84 1 FOREX BATES USS ss USS (SS per USS) 1.810 £(l'SS/SS per 1.392 2.520 EURO(USS/SS/E) 0.847 1.533 DM 2.310 1.276 YEN 1205 66.40 RM 3.800 2.099 HKS 7.800 4.308 BAHT 45.18 24.96 Rl'PIAH 11,205 6.190 *S$ to WO uii it.i PRIME RATES SINGAPORE* 5 HA MALA U'MPt'R 7.H7 JAKARTA BANGKOK
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  • 365 1  -  BTr^:cHi»kik y /si Counters affected believed to include several speculative China plays By' Ven Sreenivasan [SINGAPORE] Worried by the current speculative frenzy, several broking houses are limiting their exposure to speculative stocks by imposing trading restrictions on their remisiers. Firms which have imposed
    Source: Reuters  -  365 words
  • 700 1  -  BTfT73nkn^M Businessman alleges house sold below true market value; OUB denies claims By Siow Li Sen [SINGAPORE] A businessman is suing Overseas Union Bank for allegedly selling his house below its true market value, after the 37,247 sq feet Leedon Road
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  • 929 1  -  BThVMIIUH/J This will worsen falling output, rising unemployment From Anthony Rowley in Tokyo AS Japanese Prime Minister Junichiro Koizumi's govern ment struggles to find ways to revive Japan's anaemic economy through structural reforms, a recently published official report suggests that the rate
    REUTERS  -  929 words
  • Page 1 Advertisements
    • 59 1 INSIDE Top stories AET shares going for U5517.60 to U5519.50. Next Page Gus Dur-Mega rift could turn nastier. Next Page M 1 sale hits the rocks over price. Pg 4 KepFels puts in bid for fifth incineration plant. Pg 5 Aussie telco taking off nicely here. Pg7 Mahathir calls for
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    • 2 1 Pag® 4
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    • 102 1 Sterling pound-ed to 15-year low against USS Page 6 i Succumbing j to the magic i of Broadway ■Page 1 Are Asians taking to cyber lifestyle? Page 2 New Asia Bizwoman Interior designer Phoebe Yang and the balanced lifestyle 44 EL Page 4 ifi 3JP* £&<i§! •>* ?'-*r^Wi> t 'sh'f'
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  • NEXT page
    • 523 2  -  Investors here can subscribe to American Eagle's SDRs at indicative price of between 553.19 and 553.52 Kb Conrad Raj [SINGAPORE] Marketing of the shares of American Eagle Tankers (AET). the oil transport subsidiary of national shipping line Neptune Orient Lines (NOL), has kicked
      523 words
    • 415 2  -  By Chuang Peck Ming [SINGAPORE] Prime Minister Goh Chok Tong will see George W Bush during a fourday visit to the United States next week, the first Southeast Asian leader to meet the new US president. Mr Goh who was last
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    • 609 2  -  Supporters could clash in open battles in next few months From Shoeb Kagda in Jakarta THE growing political rift between Indonesian President Abdurrahman Wahid and Vice-President Megawati Sukarnoputri could degenerate into an open battle between their supporters in the next few months,
      AFP  -  609 words
    • ON THE grapevine
      • 96 2 READY for this? From now on, the label "CPF-approved" for any mutual fund be it a unit trust or an investment linked plan is officially taboo. The "correct" description for those funds which have passed William M Mercer's due diligence is the more innocuous, less laden phrase, "included
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      • 97 2 AT the HMV music store at the Heeren building yesterday, a BT journalist picked up a CD by rock band The Cult which was priced at $21.99. However, in small print at the back, he spotted the words. "Promotional Copy Only. Not For Sale". When
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      • 131 2 WE received an invitation to an IT conference the other day that carried the intriguing message: "You'll only ever need 640k". Accompanying the invitation was a tarot card, the sort used in fortune telling. It seems that the cryptic message was a reference to
        131 words
      • 122 2 SI A has won so many accolades that many don't care to read about them any more. For those still proud that there's no stopping Singapore's national carrier from garnering more awards, here's the latest: The well-respected US-based magazine Aviation Week and Space Technology has named SIA Best
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  • Page 2 Advertisements
    • 566 2 > R^lHbiuypsr Haw Par Corporation Limited (Incorporated in the Republic of Singapore) HAW PAR WARRANTS 2001 TO SUBSCRIBE FOR SHARES IN HAW PAR CORPORATION LIMITED EXPIRING AT 5.00 P.M. ON 18 JULY 2001 To Holders of Warrants 2001 ("Warrants") Important Notice This is an important notice which requires your immediate
      566 words

  • Page 3 Advertisements
    • 179 3 .~JjL it T"fll 11 sHI& w iM WO H DVD by Panasonic. With CD-R/RW and MP3 playback to complement the host .°f other advanced features that have silenced even the harshest movie critics; especially those with a keen eye for detail. The future. Why wait for it? r 7^ fe'jagy:','"
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  • SINGAPORE companies
    • 487 4 Faced with below-expectation bids, shareholders may have to consider other exit options Reuters Bloomberg THE sale of Mobile One (Ml). Singapore's second cellular operator, has reached an impasse as shareholders face bids which are not up to their expectations, sources close to the
      Reuters; Bloomberg  -  487 words
    • 265 4 It rose by as much as 72% before easing; volume was heavy SESDAQ newcomer AP Oil International yesterday made a splash on its first day of trading, surging 53 per cent above its initial public offer price of 23.5 cents on
      Source: Bloomberg  -  265 words
    • 248 4  -  ">/ Andrea Tan INDONESIA LINKED Asia Food Properties (AFP) and its palm oil subsidiary Golden Agri Resources (GAR) have delayed their annual general meetings again due to troubles in finalising the accounts. This is the second time in less than four weeks
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    • 315 4  -  Teh Hooi Ling SINGAPORE Telecommunications says it is confident it will resolve security issues raised in Australia in rela tion to its proposed takeover of Cable and Wireless Optus. After reports that an Australian broadcaster, the Seven Network, is opposing the takeover. Sing
      315 words
    • 608 4  -  HOCK ITWWW quak hiang whai IS Li Ka-shing really interested in the business of Nasdaq listed online travel agent priceline.com? Or will he apply his packaging magic on the acquisition? Ie, put an infrastructure and solid management in place for a few years before hiving
      608 words
    • COMPANY Briefs
      • 44 5 AFX-Acin FRASER Neave is expected to report today a net profit of $85-108 million for the six months to March, up from $77.32 million, as contributions from property and publishing are supported by positive Malaysian soft-drinks performance, analysts said. AFX-Asia
        AFX-Acin  -  44 words
      • 48 5 AFX-Asia [SYDNEY] Brierley Investments, which owns a 30 per cent stake in Air New Zealand, said it has not been approached by investors reportedly interested in buying its interest in the airline. The Australian Financial Review reported without citing sources. AFX-Asia
        AFX-Asia  -  48 words
      • 95 5 EXCEL Machine Tools said its proposed share placement of 56 million new ordinary shares to Malaysian company CT Capital Ventures had failed to take place by the final date agreed, which was yesterday. It added it is seeking legal advice on the matter. The company,
        95 words
      • 56 5 UNITED Overseas Holdings' founding Wee family bought more shares of Haw Par Corp in the open market on Tuesday, the UOB subsidiary said yesterday. Through Supreme Island Corporation, the Wees bought 181,000 shares at around $3.91 each, bringing Wee Cho Yaw's deemed interest in
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      • 24 5 MAYFRAN International has asked for a suspension in trading of its shares and warrants today, pending the release of an announcement.
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      • 60 5 PROPERTY and construction firm Lee Kim Tah Holdings said around 29 million shares or a 5.73 per cent stake in the company had reverted to the founding family's Lee Kim Tah Investments due to the non-completion of a sales and purchase agreement, raising
        60 words
      • 64 5 SUNLIGHT Group's net profits for the year to March 31 fell 21 per cent to $2.2 million. The group's 4 per cent increase in turnover to $29.2 million was offset by higher general and administrative expenses. Earnings per share fell from 1.73 cents to 1.25
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      • 46 5 ISOFTEL Ltd said it is taking part in ELE/EXPO Comm Shanghai 2001. It will showcase award-winning solutions like the Millenia Prepaid/Postpaid Management System, Centennial Call Centre Management System. Renaissance Convergent Billing Management System and Softview Mobile Network Management System.
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      • 38 5 IN yesterday's report on Heshe's carrier-hotel venture, we incorrectly gave the name of one of the Singapore venture partners as Sim Lian Holdings. The company is, in fact, Sim Lian Group. We are sorry for the error.
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    • 500 5  -  Rival SembCorp opting for an existing plant when privatisation takes place in 2005 Serena Ng KEPPEL Fels Energy Infrastructure Ltd has put in a bid to build, own and operate the fifth incineration plant in Singapore, while main rival SembCorp Industries
      500 words
    • 187 5 LISTED City Developments has paid about $79 million for a 65.000 sq ft freehold site at Mohamed Sultan Road next to the Singapore River, sources told BT. A 10-storev apartment project can be built on the site, with shops on the street level,
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  • Page 4 Advertisements
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  • Page 5 Advertisements
    • 289 5 SPEED READING FOR EXECUTIVES featuring Kay Davidson The 6-hour coune w«* enhance your productivity and personal effectiveness and earning power? Programme Methodology The program explores new techniques through practical exercises. It combines elements of accelerated learning programs pioneered by Dr Georgia Lozanov from Bulgaria, Whole-Brain techniques based on the Nobel
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  • SINGAPORE markets
    • 343 6 Stocks Volume APOil 5c 64.490.000 Tianjin Zhong 51.581,000 Frontline 5c 45.047,000 AEM-Evertech 5c 38.942.000 UniFood HK25C 16.192.000 SingTel 15c 11.157.000 NOL 9.529.000 AddvalTech 2.5c 8.640.000 Caprtaland 8.542,000 People's Food HGK 50c 8,113,000 ■> i Stocks Tianjin Zhong 66,323,315 City Dev 50c 37,144,860 DBSGrp 31,642,200 SIA 27,355,812 APOil5c 24,069.883 CapitaLand 21.876.710
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    • 591 6  -  STOCKS r. sivanithy Consistency is the name of the game yesterday as new listings continued to shine while China-linked stocks retreated further. Also seeing further rise were property counters. Consistency of performance also extended to the Straits Times Index, which rose
      591 words
    • 168 6  -  WARRANT WATCH By R Sivanithy ONE of the better-trading warrants in the local market at the moment is issued by Strike Engineering. The warrant and its underlying shares have been among the most liquid penny stocks during the past few weeks, often trading in the millions
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    • 236 6  -  HOTSTOCE By Serena Ng THE stock of Venture Manufacturing has bounced off its lows, but its upside may be limited in the medium term. The counter ended flat at $12.30 yesterday on a volume of 1.3 million. Venture hit a 52-week low of $9.80 in mid-April
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    • 545 6  -  CURRENCIES Fall comes ahead of expected Labour win; unwinding of long positions versus yen, euro aggravates selling larry wee THE sterling pound was hammered hard for a second day running, ahead of an expected landslide victory for the incumbent Labour government, which it
      Source:  -  545 words
  • 3380 6 UNIT TRUSTS FUNDS Aberdeen AiMt Mgt Asia Ltd Aberdeen Select Portfolio Global MNCFd 0 778 0 818 Global Technology Fd!** 0 719 0 756 UK Blue Chip Fd!** 0 790 0 831 American Opport Fd 0 876 0 921 Cont Euro EqtyFd!** 1 073 1 128 JapanEqtyFd!** 1.231 1 294
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  • SINGAPORE news
    • 476 7  -  Macqnarie aims to be the No 2 telecoms service provider for corporate users By Teh Hooi Ling MACQUARIE Corporate Telecommunications, in which the Government of Singapore Investment Corporation (GIC) has a stake, aims to be the second largest telecoms service provider to corporate customers
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    • 386 7  -  ryr pyvi K'f Eugene Low DESPITE the slowdown in economic growth continuing in the second and third quarters, a pickup at the end of the year is still achievable, says DBS Bank. But it reckons the turnaround will be weak, with fourth-quarter
      386 words
    • NEWS Roundup
      • 64 7 BRANDING and design consultancy The Bonsey Design Partnership was named British Chamber Small Medium-sized Enterprise (SME) of the Year yesterday in an award organised by the British Chamber of Commerce Singapore and sponsored by Rolls-Royce. The award aims to recognise the contribution made to the Singapore
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      • 68 7 US-BASED BAX Global was conferred the Business Headquarters (BHQ) award by the Economic Development Board yesterday. The company is a multi-modal transportation and supply chain solutions provider with more than 500 offices in over 120 countries. Established in Singapore in 1986, the company has grown
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    • 601 7  -  SMLEEDfSUZHOU Leaders to witness signing of 2 fresh agreements From Loh Hui Yin m Siuhou SENIOR Minister Lee Kuan Yew arrived here last night to attend celebrations highlighting seven years of achievements at the Suzhou Industrial Park (SIP), a project which symbolises the friendship
      STEPHANIE YEOW/ST  -  601 words
    • 281 7  -  By Trina Foo STELLA Chemifa Singapore will build a $47 million plant on Jurong Island, which is said to be the first to produce pure hydrofluoric acid here. The plant will be ready by August next year, and will employ about 30 people.
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    • 224 7  -  MAILI^n Alan Shaw EVP and Head, Risk Management and Regulation Singapore Exchange WE refer to your commentary "Why keep investors in suspense?" by Wong Wei Kong (BT. June 2). The Singapore Exchange reminds all listed companies that the disclosure of material
      224 words
    • 241 7  -  Michael Lie ON the Raffles Town Club (RTC) saga. I would like to suggest that the authorities also look into the question of whether private clubs can charge very high interest rates (about 28 per cent per annum) on members. I had been concerned about
      241 words
    • 169 7  -  Eric Ang Teck Sin IN Internet chat rooms, many say that globalisation allows the rich to rob the poor, that it creates more uneven wealth among countries. You can choose not to open up your market like North Korea and Cuba but it's at a costly
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  • Page 7 Advertisements
    • 31 7 W AW lk 1 I Mt H W A W m L Sja -.-9§ JSmI n F _?JiK ill I Hi J m; M r*" ,*3 Prada Tel. +800 ftS2 3315
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    • 67 7 We welcome letters. E-mail us at btletter@sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in
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  • EDITORIAL & opinion
    • 754 8  -  THE! ■2X*****331 OPINION g panicker The writer is a journalist with BT 's Foreign Desk INDIAN Prime Minister Atal Behari Vajpayee and Pakistan's military ruler, General Pervez Musharraf, have spoken brave words about peace and goodwill. They say they will discuss everything, including Kashmir, when
      754 words
    • 143 8 'We will continue to look east not only to learn right things but also the wrong things.' lialinthif Mnh.m.H the Malaysian prime minister, on his country s Look East' policy. He said it had benefited the country in the area of education and inculcated a good work
      143 words
    • 714 8 EDITORIAL THERE is only a small window of opportunity to ensure that a new round of multilateral trade talks gets under way soon and that China is included. That opportunity is now. It is unfortunate, therefore, to witness new obstacles being erected, and new doubts raised
      714 words
    • 1082 8  -  The Bushies' tough stand on steel imports seems aimed at extracting 'fast-track authority' from Congress to win the overall international trade offensive Fron Leon Hadar The writer is BT's Washington correspondent in Washington LAST week, in a major address before the World Affairs Council
      AP  -  1,082 words
    • 576 8 COMMENTARY Almost 30 years after his death, he still inspires Indonesians The Jakarta Post FOR millions of Indonesians June 6, 2001 carries a very special meaning. A hundred years ago to the day, the man who is widely considered to be the main architect of Indonesia's independence was
      The Jakarta Post  -  576 words
  • Page 8 Advertisements
    • 101 8 v yFAIMIA Qr 40% Off Rainforests Langkawi's exclusive resort is offering 40% off our normal room rates. Call now before it disappears.The offer that is. Promotional Price Per Night Deluxe Room RM T 6O nett per night Offer valid May 6th Oct 31st 2001 Not applicable from 8-13 Oct 2001
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  • REGIONAL news
    • 636 9  -  Malaysia ha* no intention of abandoning ringgit peg, he says From Anthony Rowley Nt Tokyo MALAYSIAN Prime Minister Mahathir Mohamad yesterday issued a strong call for a return to fixed exchange rates among the world's major currencies, and at the same time
      REUTERS  -  636 words
    • 364 9 JAKARTA Investigations to be launched into 7 other cases AFP INDONESIA'S new attorney-general yesterday said he had ordered authorities to pursue business tycoon Syamsul Nursalim over an 84 trillion rupiah (5513.5 billion) finance scam. Baharuddin Lopa. who embattled President Abdurrahman Wahid appointed last
      AFP  -  364 words
    • 189 9 Bank recalls US$l4m Land General debt KUALA LUMPUR Bloomberg LAND General Bhd, a Malaysian property developer, said Bayerische Landesbank Girozentrale demanded US$l4.B million (5526.6 million) owed to it to be returned in three weeks or it may seek to wind up the company. Land General said in a statement to
      Bloomberg  -  189 words
    • NOTEBook
      • 52 9 Bloomberg I.JAKARTA) Asia Pacific Resources International (AP Resources), Indonesia's second-largest pulp and paper group, told Bank Negara Indonesia and other creditors it is delaying interest payments on US$l.2 billion of debt. The Singapore based company is down 70 per cent in New York trading since
        Bloomberg  -  52 words
      • 83 9 Bloomberg [KUALA LUMPUR] Malaysia will sell RM2 billion (***** million) of three-year ringgit bonds, the government said in an advertisement published in newspapers yesterday. The government will accept offers for the bonds on June 14. and will issue the securities the next day.
        Bloomberg  -  83 words
      • 78 9 Reuters (KUALA LUMPUR] Malaysian police said yesterday they had arrested nine suspected criminals they believe to be members of an Afghan-inspired militant gang trying to create a "purist" Islamic society in Malaysia. Police suspect the gang, believed to have members still at large,
        Reuters  -  78 words
      • 48 9 AFX-Asia [KUALA LUMPUR J Former Bank Negara assistant governor A wang Adek Hussin said he quit the central bank to concentrate on politics and the move has nothing to do with speculation that he may replace Daim Zainuddin as finance minister. AFX-Asia
        AFX-Asia  -  48 words
      • 34 9 AFP [KUALA LUMPUR) Malaysia's manufacturing output in April fell 2.1 per cent year-on-year and shrank by one per cent from the previous month, the Statistics Department said yesterday. AFP
        AFP  -  34 words
    • 454 10 TAIPEI Drop biggest in more than 3 years; demand from US, its biggest market, falling Bloomberg TAIWAN'S exports fell in May at their fastest pace in more than three years as orders for computers, mobile phones and semiconductors fell, threatening to bring the island's economic
      Bloomberg  -  454 words
    • 188 10 TAIPEI Bloomberg TAIWAN lawmakers failed to pass legislation that would encourage mergers among the more than 300 lenders, newspapers reported, stalling government ef forts to reform the finance industry. In a parliamentary session, lawmakers failed to pass the Financial Holding Company Act.
      Bloomberg  -  188 words
    • 517 10  -  Boost will come from infrastructure investments By Vikram Khanna [SINGAPORE] China's economy can sustain 7-8 per cent growth over the next five years despite sometimes painful industrial and financial reforms, according to business consultant, author and China specialist Lawrence Brahm. In an interview, Mr
      RICHARD  -  517 words
    • ASIA Notes
      • 48 10 Reuters [SHANGHAI] Asia-Pacific trade ministers yesterday urged the World Trade Organization to launch a new round of global talks. China's trade minister Shi Guangsheng said at the end of the two-day meeting of Asia-Pacific Economic Cooperation trade ministers in Shanghai. Reuters
        Reuters  -  48 words
      • 65 10 Reuters [HONG KONG] Beijing is mulling a proposal to allow foreign firms to list depository' receipts in China, Anthony Neoh, chief adviser to China's securities regulator said yesterday. If approved, CDRs could pave the way for a wave of listings by foreign companies, including red
        Reuters  -  65 words
      • 43 10 AFP [HONG KONG] Hong Kong's retail sales were virtually unchanged year-on-year at HKSIS.6 billion (553.6 billion) in April, the Census and Statistics Department said. In volume terms, retail sales rose 1.0 per cent in April. AFP
        AFP  -  43 words
      • 78 10 Bloomberg [BOMBAY] Industrial Development Bank of India (IDBI) and other lenders which helped fund Enron Corp's US$3 billion power project in India are considering closing it down for as long as one year pending settlement of a tariff dispute. Stone Webster, an
        Bloomberg  -  78 words
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  • Page 10 Advertisements
    • 1941 10 I NOTICES To advertise call 1011-free 1800-741 1883 Fax No: 741 1298 IMPORTANT NOTICE To: ALL HOLDERS OF WARRANTS 2001 OF SUPER COFFEEMIX MANUFACTURING LTD This is an important notice which requires your immediate attention. Holders of Warrants 2001 ('Warrantholders") who are in doubt as to the action they should
      1,941 words
    • 428 10 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF (1) LOGISTICS TRANSPORT (S) PTE LTD (2) FAF-FRITZ PTE LTD (3) m-FRfTZ PTE LTD (In Member* Voluntary Liquidation) NOTICE OF RESOLUTIONS At me Extraordinary General Meetings of the members of the abovenamed Companies duly convened and
      428 words
    • 549 10 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF NCI MANAGEMENT SERVICES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 1 Pasir Ris Close, Singapore *****9 on
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  • Page 11 Advertisements
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  • Page 12 Advertisements
    • 557 12 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 THE COMPANIES ACT, CHAPTER 50 Section 290(2)|b) NOTICE OF RESOLUTION GENERAL DATACOMM PTE LTD (In Members' Voluntary Liquidation) At on Extraordinary General Meeting oI General Datacomm Pte Ltd held at Park Road Extension, Middlebury CT *****-1299, USA on the
      557 words
    • 426 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CONSTERIAL PTE LTD (Incorporated in the Republic of Singaporei At an Extraordinary General Meeting ol the members ot CONSTERIAL PTE LTD duly convened and held at 190 Middle Road. #14-05 Fortune Centre, Singapore *****9. on 8
      426 words
    • 395 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ASPIRE ACADEMY (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members ot the abovenamed Company duly convened and held at 23F. 88, Sec. 1, Hsin Tai Wu
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    • 590 12 IN THE MATTER Ot THE COMPANIES ACT CHAPTER Vl \NI > DYNAMIC DE\ ELOPERS PRI\ATF. LIMITED (In Members' Voluntary I iquidatmni Al a (icncral Meeting o! Dynamic I Vtelopers Pnsaic l imitcdcomcncd and held at No. 111 Nonh Bridge Road ROVM/.TK Peninsula Pla/a Singapore I7<#NN on 2nd June. SUM lhe
      590 words
    • 607 12 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OE TIMES ILLAGE ENTERTAINMENT PRIVATE LIMITED tin Members'\oJunlart Liquidation! NOTICE OE SPECIAL AND ORDIN \R> RESOI.I TIONS I Pursuant to Section 2Wt 2 Nb)| Al an Extraordinary (icncral Meeting ot the Company held al No. I New
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    • 641 12 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE M ATTER OF APAC SI PPLIES PTE LTD (IN MEMBERS'\OLI NTARV LIQI IDATIONI Al an Extraordinary Cicncral Meeting of the abosementioned Company held al VI Toh Guan Road. HOX-Of Osim Distribution Centre. Singapore MROUIIon the V*h das of
      641 words
    • 346 12 IN THE MATTER OF THE COMPANIES ACT, CAP. SO. AND IN THE MATTER Of (1) OTTIMO SINGAPORE PTE LTD (2) OTTIMO SHOES SINGAPORE PTE LTD (In Creditors' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuantto Section 296 of the Companies Act, Cap 50, that a meeting of the Creditors ol the
      346 words
    • 264 12 NTHE MATTER OFTHE COMBINES ACT CAR 50 AND POWERMATICARCOM SYSTEMS PTE LTD Maiten Vohntary Upidatnnl At an Extraordinary General Meeting of the Company duly convened and held at 135 Joo Seng Road #08-01, PM Industrial Building, Singapore 368 363 on the 31st day of May 2001, the following Special Resolution
      264 words
  • WORLD news
    • 592 12  -  Sterling's lowest level in 15 years a markets' thumbs down for govt Frorn Neil Behrmann in London AN ominously sharp decline in sterling heralds a tougher second term for Tony Blair as British premier. Even as the Labour government swept towards
      Source: Bloomberg/Photo: AP  -  592 words
    • 538 12  -  Improved Asia relations to be a cornerstone of foreign policy: official From. Anthony Rowley in Tokuo UNDERLINING the conciliatory tone being adopted towards China and other Asian nations by Prime Minister Junichiro Koizumi's administration. a senior Japanese government official yesterday offered what
      538 words
    • WORLD Watch
      • 59 12 Bloomberg [WASHINGTON] Inventories at US wholesalers rose in April for a second straight month, a sign firms are making little progress reducing stockpiles as the economy cools, a government report showed. Wholesale inventories rose 0.3 per cent in April to U*****.7 billion after rising
        Bloomberg  -  59 words
      • 47 12 Reuters (PARIS] Morgan Stanley chief economist Stephen Roach said yesterday he had revised upwards his forecast for a recovery in the US in the fourth quarter to growth of 2.5 per cent from 1.5 per cent but remained bearish overall.
        Reuters  -  47 words
      • 52 12 AFP [FRANKFURT] The European Central Bank (ECB) left its benchmark interest rate at 4.5 per cent yesterday and ECB president Wim Duisenberg said the outlook for economic growth in the 12-country euro zone was "subject to uncertainty'" due to the effects of the global economic
        AFP  -  52 words
      • 40 12 Reuters I WASHINGTON] Stanford University economist Anne Krueger was expected to be named yesterday as second in command at the International Monetary Fund, sources at the IMF said on Wednesday. Reuters
        Reuters  -  40 words
      • 57 12 Bloomberg (BEIJING) China and the US reached agreement on the disassembly and transport of the downed American EP-3 spy plane still on Hainan island, China's foreign ministry said. The US will charter an aircraft to remove the disassembled aircraft at an unspecified time,
        Bloomberg  -  57 words
      • 73 12 Reuters [LOS ANGELES] A smoker with incurable lung and brain cancer was awarded a record US$3 billion in damages by a jury here on Wednesday which ruled that Philip Morris did not properly warn him of the risks of smoking. The award was
        Reuters  -  73 words
      • 53 12 Reuters (LISBON] US software giant Microsoft Corp launched its first commercial application of interactive TV software in Portugal yesterday. The long-delayed rollout is a multibillion-dollar bet by Microsoft that the world's 1.5 billion TV sets could provide an alternative source of revenue to the relatively
        Reuters  -  53 words
      • 66 12 Bloomberg AP (LONDON] Reuters Group pic, the largest provider of financial information, will refocus units along customer business lines as chief executive-designate Tom Glocer tries to save £150 million (***** million) a year by 2003. Reuters declined to comment on a report in yesterday's Financial Times
        Bloomberg; AP  -  66 words
      • 66 12 Bloomberg (MUNICH] MasterCard International Inc has agreed to acquire Europay International, which licenses its brand in Europe. In doing so. MasterCard will issue shares for the first time to the big banks around the world that own it. But MasterCard, an association 0f20,000 financial institutions, is
        Bloomberg  -  66 words
    • 628 14 PALO ALTO Hewlett-Packard's Hay results worse than expected, analysts told NYT HEWLETT-PACKARD executives delivered a particularly gloomy forecast to investors on Wednesday, warning that the slowdown in technology spending is spreading and that they don't see any improvement for at least the rest of the
      NYT  -  628 words
    • 346 14 SAN FRANCISCO Trade body also sees growth of 20%, 25% for 2002,2003 Reuters THE semiconductor industry. now going through one of the biggest slumps in its history. will rebound in the second half of this year, a trade group said on Wednesday. The
      Reuters  -  346 words
    • 353 14 WASHINGTON AFP US sales of personal computers are expected to show their First decline this year, sliding 6.3 per cent from last year's level, a market research group said on Wednesday. International Data Corporation said that based on new data, it
      AFP  -  353 words
    • TECH Briefs
      • 62 14 Bloomberg [IRVINE, California] Broadcom Corp reduced its second-quarter sales forecast on weaker-than-expected demand. It expects sales in the period to fall 32 per cent to 35 per cent from the first quarter's gross revenue of US$3lB.l million, a spokesman said. That compares with an April
        Bloomberg  -  62 words
      • 30 14 Bloomberg [ATLANTA] Cisco Systems Inc is "very pleased" with its current commitments from large phone companies to order products, senior vice-president Kevin Kennedy said. Bloomberg
        Bloomberg  -  30 words
      • 49 14 Bloomberg [SANTA ANA, California] Ingram Micro Inc will eliminate 1,000 US jobs, about 6 per cent of its workforce. The 16,500-employee company plans to take a charge of as much as US$l5 million this quarter for the staff reduction, a spokeswoman said.—Bloomberg
        Bloomberg  -  49 words
      • 60 14 Bloomberg [PHOENIX, Arizona] ON Semiconductor Corp will cut salaries, idle plants and fire more than 1,000 workers as it copes with poor demand for the thumbnail-sized chips used in portable electronics and telecommunications gear. Between 8 per cent and 12 per cent of the company's
        Bloomberg  -  60 words
      • 50 14 Bloomberg [PALO ALTO, California] Sun Microsystems Inc shares rose 3.5 per cent after Goldman, Sachs Co analyst Laura Conigliaro said the "worst may be over" for the maker of server computers for corporate networks. Sun rose 59 US cents to U5517.61 after reaching U5519.06. Bloomberg
        Bloomberg  -  50 words
      • 43 14 AFP [PARIS] The French electronics group Thomson Multimedia will buy the DSL modem unit of telecommunications equipment maker Alcatel for about 456 million euros (Ss7o2 million), the two groups said yesterday in a joint statement. —AFP
        AFP  -  43 words
      • 62 14 Bloomberg [DALLAS] Texas Instruments Inc plans to suspend production at two semiconductor plants with about 1,800 workers during July to cut costs as orders slow. The biggest maker of chips for wireless phones will idle one plant from June 30 to July 7 and
        Bloomberg  -  62 words

  • FINANCE & commodities
    • 259 13  -  SGX Derivatives Trading Report ST Indeg/MSGI STpore Index Wong Ann Chuen SINGAPORE stocks moved up slightly yesterday as property developers led gainers, while a declining Sing Tel capped gains. The benchmark Straits Times Index rose 4.64 points, or 0.28 per cent, to settle at
      259 words
    • 240 13  -  MSCI Taiwan Index Daniel Wong TAIWAN stocks fell yesterday, led by Chunghwa Telecom and bank shares. The MSCI Taiwan Stock Index fell 2.39 points, or 0.99 per cent, to close at 238.08 points. The turnover for the index dropped to 539.19 million, as losers led
      240 words
    • 235 13 Reuters London THE euro was steady against the US dollar after the European Central Bank, as expected, left rates steady yesterday, while the sterling plunged on British election day with the debate on an early UK euro-en-try dominating. Sterling fell to 15-year lows against the US dollar and
      Reuters  -  235 words
    • Article, Illustration
      1075 13 OTERBAMK CROSS RATES Jun ——1™. P" HH$ Ind tupnh Yen Hon BM W2$ Pafc Bs Pwo S$ Band Sfr MT$ Baftt Pound US$ rUnjlt!" i t-n t' 272 39 7 1 9 24.187 57.669 0.619 6.630 1.956 1.*****.037 261H 0 932 4182 0 925 17 542 23 261 0170 0
      1,075 words
    • 1675 13 BICOM FUTURES Jun7 RUBBER (futurn closing «it 5.30pm) RSS1 cwtiAg) ClOM VoIinm Open Wontl1 HW Low Sttt (towwt) lirtftit Jul 01 -***** a An 01 HiOO 250 01 13.50 250 Doc 01 H5.25 RSS 3 CONTRACT (US cwiti/ka) VoIuim Oma Moirtl1 law Sttt (tomtt) Irttrwt 63.00 61.50 6125 TOO 1200
      1,675 words

  • Page 14 Advertisements
    • 118 14 anniversary 7TT o/3 ff% I flip kVM mIT |J% I|H■Al I I 11 H§ T jHMi, IttlßfiAßHHA^HHßE^BßMMHHßiAM^^^^^^^^^^^^^^^Hß;Hp llii Jr M I^Hf > Philishave Quadra Action closer, faster and more comfortable shaving. -jf i With its spring-loaded cutting head the razor follows all the contours of 1«' "'^i^gSS I the face.
      118 words

  • STOCK east asia
    • 2968 15 HONG KONG Reuters Hang Seng +127.42 HONG KONG stocks ended higher yesterday as a late rebound in leading mainland technology stocks like China Mobile, the mainland's biggest cellular phone company, helped lift the key index off session lows. "A lot
      Reuters  -  2,968 words
    • 1300 15 Reuters |J Shenzhen B Index -9.39 CHINA'S hard currency B shares lost ground yesterday as investors sold off Shenzhen stocks once the index met technical resistance and that depressed punters in Shanghai also. The Shenzhen B Share Index slid 9.39 points, or 2.39 per cent, to 384.15 points after
      Reuters  -  1,300 words
    • 396 15 AFP kj WP Index -67.09 TAIWAN shares fell 1.3 per cent yesterday after parliament failed to pass a bill on financial holding companies and related legislation. The Weighted Price Index fell 67.09 points to 5,153.35, on a turnover of NT553.64 bil lion. Declining issues led gainers 384 to 124.
      AFP  -  396 words
    • 2058 15 TOKYO Reuters AFP Q Nikkei 225 +102.67 TOKYO stocks clawed their way back into positive territory by the close yesterday with earlier sellers turning buyers after the benchmark Nikkei Average held above the 13,000 mark. "The rebound was mainly led by buybacks
      Reuters; AFP  -  2,058 words
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  • SGX clob & regional stocks
    • 2697 16 BONDS A WARRANTS ■I *™t» PraW lapnr Dey LmIOmu >n Cm tier Mac MM •M Im Caapni Wto fWW >> I— Mhr Mm Mhl Ml* Mo W UA 37 0.5 s Acma ******4 0.5 0 5 I 410 1 300 591 76.00 1 15 2.5 s AIITech ******7 3 1.5
      2,697 words
    • Article, Illustration
      746 16 Reuters jy SET Index -2.42 THAI stocks were dragged down yesterday by weaker blue-chip banks and profittaking in energy companies. The Stock Exchange of Thailand (SET) Index ended down 2.42 points, or 0.78 per cent, at 308.04, but off its low of 307.10. The blue-chip SET 50 was down
      Reuters  -  746 words
    • 300 16 Reuters Composite Index +17J3 PHILIPPINE shares closed over one per cent higher yesterday, as bargain hunters stepped in to take advantage of weak prices. The Composite Index closed up 17.13 points, or 1.23 per cent, to 1.406.65 points on a turnover of 405.26 million pesos. Reuters Jul 1 '»M
      Reuters  -  300 words
    • Article, Illustration
      804 16 AFP >1 Composite Index +0.36 INDONESIAN share prices closed 0.1 per cent higher yesterday with a rebound in cigarette stocks nudging the index into positive territory. The Jakarta Stock Exchange Composite Index closed up 0.36 point at 397.96. Volume was 692.3 million shares valued at 356.07 billion rupiah. Declining
      AFP  -  804 words
    • 271 16 AFP £2 NZSE-40 -9.27 NEW Zealand shares fell 0.5 per cent yesterday as overseas investors turned their attention elsewhere following two consecutive days of gains, dealers said. The key NZSE-40 Capital Index fell 9.27 points to end at 2,073.95 on a turnover worth NZ582.74 million. AFP •I- T (000)
      AFP  -  271 words
    • 558 16 AFP AD Ordinaries +12.00 AUSTRALIAN shares closed 0.4 per cent higher yesterday on late gains in News Corp and the banking sector. The All Ordinaries Index closed 12 points higher at 3.367.2 and the SP/ASX 200 added 13.3 points to 3.436.6. The All Industrials Index gained 25.4 points to
      AFP  -  558 words
    • 316 16 AFP Composite Index +3.48 SEOUL'S Composite Index rose 3.48 points, or 0.6 per cent, to end at 601.14. Volume stood at 325.1 million shares worth 1.7 trillion won. AFP Jen' Won Anam Semi 4695 105 Brain Tech 645 -5 Central Btnfli 170 unch ChetlComm *****0 2500 Da* Cu Ban*
      AFP  -  316 words
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  • 5310 17 SGXMAINBOARD M*** 11 Lino Comm. SI rmi 1-10mA 0i» 0* «d C* c °wp—|r Sale +<- nap) High Low fciyr jj» Cw P<t £3 Price MULTI-INDUSTRY '1? 3 ma5 C T_*. f® Cd unch 352 38 37 37 5 38 05 199 0 7 10 659 38 41
    5,310 words
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  • Page 18 Advertisements
    • 202 18 Mi^^^WMß^^B^^CT^^MilMlißW!B^^H|H*l|WT^KßßiraHWßi^Bßm^^^^ nKB I |for~ M.W W ■fl ;-;^..-r--%mmm? "-si I'lJAr-'U. JlfßSfegl*:-. i r asfe&®^ <•• r r CkJ&l&n -h*W:> jEMf' r"* J yj -v.J&9Mp^ ji i m Jl HL V m A A ->= ?iv'' s {PERPETUAL THINKING PROCESS} INFINEON CYCLES LET'S FACE IT, the internet is going to change
      202 words

  • EXECUTIVE Lifestyle
    • Article, Illustration
      1435 19  -  JAIME EE pays USSIOO to hang out of a theatre balcony watching the Tony Award-winning musical The Producers. And re-discovers the joy of watching theatre in its purest form. before it loses its soul in the franchise > circuit. JAIME EE LASHBACK May, 2001. A steady drizzle has
      1,435 words
    • PERSPECTIVE
      • 809 20  -  OFFPiTJgTTiI They know that even the best service isn't a guarantee of a generous tip so if they want one, they might as well take it any way they can jaime ee I'VE always known Singapore taxi drivers to be a
        809 words
      • 862 20  -  How willing are people to marry someone they meet over the Internet? And whose refrigerator do they want to peek into with a Webcam? OOBOmESEU brings you the results of the Intel Asia Pacific Cyber Lifestyles Survey CORINNE KERK IT had to happen. With
        AFP  -  862 words
    • EPICURE
      • 981 21  -  Californian winemaker Emmanuel Kemiji is intent on bringing exceptional quality and the beauty of life to his boutique brand Miura, reports Geoffrey eu GEOFFREY EU IT'S a long way from the bullfighting rings of Andalucia to the vineyards of Napa Valley, but winemaker Emmanuel
        GEOFFREY EU  -  981 words
      • 566 21  -  RESTAURANT Town restanrant also has a longer time slot unlike the brunches at some top hotels By Corinne Kerk CORRECT me if I'm wrong, but I was under the impression that the whole point (well, almost) of a Sunday brunch is so that you
        566 words
    • New Asia Biz Woman
      • 1014 22  -  At the height of her career, Phoebe Yang, a former director doing interior design, decided to quit Though she wears several hats now, she tells low tit lens why she feels more relaxed and happy LOW YIT LENG PORMER director of a design company, Phoebe
        CHRIS LOH  -  1,014 words
    • CINEMA
      • 902 23  -  Dream Works' Jeffrey Katzenberg, the man behind box-office winner Shrek, talks to Geoffrey ed about the making of the movie and how he feels about its success GEOFFREY EU JEFFREY Katzenberg is no Jerry Maguire: it's not about the money. Of course, that's easy for
        REUTERS  -  902 words
      • 606 23  -  Animation-wise, 'Shrek' is wonderfal, giving its characters new expressiveness By Susan Tsang SHREK is Dream Works studio's antiDisney animation film. Based on William Steig's parody of fairy tales, the film sends up just about every children's story and nursery rhyme you can think
        606 words
      • Article, Illustration
        1366 23  -  By Susan Tsang Summer blockbuster season is on us again. So out with indie movies like Dancer in the Dark' and Panic', which have to make way for the big-budget efforts and family films. The selection of films has shrunk, as the screens are pretty much dominated by
        1,366 words
      • 3 23
        3 words
    • golf links
      • 861 24  -  Bl Ven Sreenivasan THE Bag Boy Company had its humble beginnings in 1946 in Portland, Oregon, as a division of Browning. Its claim to fame was its incredibly durable die-cast aluminium golf carts (which golfers here call trolleys) for golfers who walked the
        861 words
      • 696 24 He had two 66s for the lowest 36-hole score in his sectional qualifying ronnd AP [WESTERVILLE, Ohio] For the 45th consecutive year, at least one Nicklaus will be in the field for the US Open. Jack Nicklaus, a winner of four Opens,
        AP  -  696 words
    • TRAVEL
      • 1198 26  -  Neighbourhoods like Queensway show how cosmopolitan the English capital has become, sylvia tax takes in Queensway's multi-ethnic flavours SYLVIA TAN MOST Singaporeans would know Queensway in London this is the street where possibly the best Cantonese roast duck in the world is sold. The birds are
        FILE PHOTO  -  1,198 words
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    • 426 20 SINGAPORE ARTS FESTIVAL 2001 in iM Jb SSii^SSB \\\L l UmSßm Requiem by Ea Sola Arena Theatre Company (Australia) Silk World-Fusion Band (India) A Piece for 22 Performers Eat Your Young a heady cocktail of camatic music with jazz at its (France/Vietnam) (Asian Premiere) Based upon the real life experience
      426 words
  • Page 20 Miscellaneous
    • 219 20 CBTPTIC CROSSWORD 28 played it as a free musical composition (8) 9 He's about to split on cabinet- 24 Greatly affect enclosed area DOWN maker (8) in middle of Bude (5) 1 Lady in new order coming 14 """55 l^ ng t nS fl re 25 Leaves 10 a (5)
      219 words

  • Page 21 Advertisements
    • 146 21 We've ripped your favourite restaurant apart... But you'll be glad to knowthat many things you've always known us for will remain just as before. The fine traditional Cantonese cuisine and delicacies presented j by our Master Chef from Hong Kong. The familiar J I faces our regular customers 1 have
      146 words

  • Page 22 Advertisements
    • 661 22 Where to wine, dine and entertm.rt aaa^. Never Say Never on A Sunday Sunday Lunch with Dim Sum At The Marriott Make your Sunday with unlimited complimentary prosecco accompanied by our celebrated international cuisine. Dim Sum, Assorted Sushi, Baked Salmon, Roast Sirloin of Beef and much much more. Adults: S6o+++
      661 words
    • 84 22 BHHI J ITTi HH > ✓Ji ArH /A Festival of CTuisine of Veneto, /taly JQP Ito 10 June 2001 Reservations 831 6258/88 tp .KmJvm DP Stnooporr J SPSS 333 Orcturd Raid Singapore *****? W 7J7 4411 Fj> 732 2361 Gloria ■MMHBHjjjl KDWAK IMS Enjoy real jazz every flight (except Sundays)
      84 words


  • Page 24 Advertisements
    • 33 24 Interest §b B Pay By 12 Monthly Instalments When You Charge A Minimum Of $120 To Your UOB Visa Or UOB MasterCard at WORLD OF GOLF. *Conditions Apply. Check Stores For More Details.
      33 words

  • Page 25 Advertisements
    • 61 25 ROYAL COLLECTION I ZEBRA' .< 7 K< Intercept 3x 8 [mjgLinjß jTTIJ^ coari(«i*r i/_i_ki Jy MM PU erSH 2 Puaers Encore 4 OmuGEsrone BmpcEsrone \±jM miracle threads Handgloves(Assorud) Tour Stage TourSta^e j W kasra. BttioGesTone Stmoeesrane oamcesmne^<;„//«„« ahmWsrone |jgo| 1 ~PRECEPT<.»~ PRECEPT j.n c o l Tru E Lin E
      61 words

  • Page 26 Advertisements
    • 204 26 SINGAPORE PRESS HOLDINGS NEWSPAPERS PRESENT 1 t i i i I i fIBJ I Ij HI J| 130 minimum in a single receipt at any participating outlet and W 1 Mb ~^BBI v*i"*'»«i< —Each call costs $0.20 and parental consent must be sought if you are under 18 P M
      204 words

  • SHIPPING TIMES
    • 270 27 Reuters Baltic indices still shedding points [LONDON] The Baltic Dry Index (BDI) fell six points to 1360, the Baltic Panamax Index (BPI) lost 13 points to 1,318, the Baltic Handymax Index (BHI) dropped 41 points to 9,241 and the Baltic Capesize Index (BCI) was down one point to
      Reuters  -  270 words
    • 265 27 *■7 1$ CWT Distribution 0.53 -006 1 cotco iwn—t-fla 0.01 1279 FrMMLMu 0.09 OOI 20 O lloKngl 0.50 0.03 80 IMC 5.60 unch 0 JayaHoMtags 0.16 weft 374 MppalCorp 3-28 -0.02 1015 KappaiFCLS 0.99 unch 259 K«pp«l Marina 0.18 -OOI 1962 KappaiTata 111 -0.04 1193 Latrpy Marina 0.29
      265 words
    • 497 27  -  But it says it will continue to pursue regional cooperation By Donald Urqnhart [SINGAPORE] The Japan Coast Guard will continue to pursue regional cooperation but has no plans to initiate any anti-piracy patrols in South-east Asian waters it said yesterday. Japan Coast
      497 words
    • 208 27 AFXAsia [KUALA LUMPUR] The Sabah Port Authority will be injected into Suria Capital Bhd in a privatisation exercise expected to be completed in six months, Sabah Chief Minister Chong Kah Kiat said. A proposal to inject the assets of the port
      AFX- Asia  -  208 words
    • 707 27  -  ADMIRALTY CASEBOOK lift Selva Kumar A US Court of Appeal has ruled that for purposes of the US$5OO package limitation under the Carriage of Goods by Sea Act (COGSA), the number of packages was not the total number of boxes in a
      707 words
    • 218 27 Bernama [JAKARTA] The government may impose a fee on foreign vessels operating in the Indonesian Exclusive Economic Zone (lEEZ) as soon as next week, while projecting an income of US$2 billion in 2001. "The government's decision on the levies on foreign vessels might be
      Bernama  -  218 words
    • 261 27 Its board is silent on similar offer from Northrop Grnmman AP [NORFOLK, Virginia] Newport News Shipbuilding's board voted to support a US$2.l billion acquisition offer from General Dynamics Corp but offered no opinion on a similar bid by Northrop Grumman Corp. The US navy
      AP  -  261 words
    • PORT Shots
      • 77 27 [SINGAPORE] Myanmar has been included in the International Maritime Organisation's (IMO) "White List" of countries meeting the IMO's minimum requirements for seafarer training as prescribed by the Convention on Standards of Training, Certification and Watchkeeping for Seafarers (STCW). Only approved organisations are authorised to
        77 words
      • 122 27 [SHANGHAI] Shenzhen Great Ocean Shipping Co Ltd said on Wednesday it had no additional information to disclose after its B-shares closed limit-down for three consecutive days. In a separate announcement, it said it has been informed of a change of ownership at its majority shareholder
        122 words
      • 98 27 [SINGAPORE] Dubai's crown prince has pardoned three senior customs officials convicted of embezzling government funds last month, local news reports say. The officials, including former Dubai Ports and Customs director general and World Customs Organisation Council chairman Obaid Saqr Bus it had been jailed for
        98 words
      • 51 27 Bloomberg [MIAMI] Royal Caribbean Cruises Ltd cancelled a 14-night European trip with its Celebrity Cruises unit because of damage to a ship. Royal Caribbean expects the cruise ship Galaxy to resume sailing June 16 following repairs to a damaged portside propeller. The cruise began in Amsterdam.
        Bloomberg  -  51 words
    • RAIL news
      • 712 28 The Cote D'Azur looks forward to Parisian weekenders and becoming a high-tech regional hub AFP [PARIS] ANEW high-speed train service linking Paris to Marseille and the Mediterranean coast in just three hours scheduled to be inaugurated yesterday by President Jacques Chirac will have profound
        AFP; AP  -  712 words
      • 247 28 Reuters [LONDON] Struggling railway firm Railtrack Group Pic RTK.L will leave the ranks of Britain's blue-chip companies at the end of next week, to be replaced in the FTSE 100 index by retailer Next pic, compilers of the index said on Wednesday. The
        Reuters  -  247 words
    • 275 28 PAGE Ahrenfciel 10 Appenship 5 AsiaOCL 9 Assets S Austral 6 A*ant 10 B'tanq Mas 6 BSA 7 BTl K) Bangladesh 9 Bal«|< 4 Batamindo 11 CCNI 7 CMACCM 3 COSCO 3 CSAV 3 Central Ex 6 Chahaya K) China Shpq S Cottier to Colony loq 5
      275 words
    • 9968 34 THEBUSINESSTIMES Page 8 FYPOBT tArvni FRIDAY, JUNE 8,2001 ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 18/06 IS/07 MOL P&O NED AMAZONAS 8504A 65 *****86 18/06 22/07 Kien Huoq INTELLIGENCE CONTA ICI03S 65 *****33 19/06 29/07 Setramar VILLE
      9,968 words
    • SHIPS IN PORT
      • 709 37 Vessel Voy No Berth Arrival Departure Jwraag Nrt Ryonu J AH-01 J07 *****020 07/06/1500 SanOidewa 14 71 JO? 07/06/7:20 06/06/8 00 Winstar S 033S01 J03 07/06/7:40 07/06/1540 Ba»swater118 M1138 J02 07/06/8:40 07/06/2140 Gh Goodyearl 105 J02 07/06/11:45 07/06/17JO Akmaia 1369* J17 07/06/11:35 09/06/640 Bt Aarya S«i 01 JUtt
        709 words
      • 1938 37 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Partod From To From uuoHAM am 9/100 u 07/1500 07/*s9 07/1900 O 07/1500 07/059 07/1900 U 07/T700 04/0459 04/0900 a 07/1700 01/0454 04/0400 3 06/0700 00/H59 04/M00 MM n/vm oi/tToo ASKtASUS IB «/2tOO H
        1,938 words
      • 193 37 Jane 12 Philippines: Independence Day Jmam 28 //on# Ng Festival Jwiyß Thailand: Asalha Bucha Day July Thailand: Buddhist Lent Day Angnit 1 Switzerland: National Day Aigutl Singapore: National Day South Africa: National Women's Day An|ut 12 Thailand: HM The Queen's Birthday August IB South Korea: Liberation Day Switzerland:
        193 words
      • 781 37 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem Market movements are indi cated The Cockett Bunker Price Index change and
        781 words
      • 502 37 Carbon 180 Mm 904.1 0.5 t2.S 0.07 40 0.03 May 14 Density Wafer hsidw Ask AIwhMm Sediment Ho above E25 0 0 0 0 0 0 MO A 985.2 0.3 13.5 0.06 20 0.02 Eiiw 380 Mo 990.6 0.8 16.3 0.08 4S 0.04 «WIT3 »M/M »M/»
        502 words
    • AIR & LAND transport
      • 488 38 They discuss with authorities conditions on transatlantic joint venture FT [LONDON] British Airways and American Airlines have started discussions with the regulatory authorities in the US, Brussels and London to investigate the conditions they would impose on a revived attempt to form
        FT  -  488 words
      • 322 38 Bloomberg [MANILA] CEBU Pacific Air is in talks to lease three Boeing 757s after the JG Summit Holdings Inc-owned Philippine carrier received regulatory approval to start flying international routes this year. The plan to lease the 757s for international routes
        Bloomberg  -  322 words
      • 528 38 It plans to cut capital spending and investment in IT by 2002 Bloomberg [ZURICH] Swissair Group, Europe's fifth-largest airline, said said it plans to reduce capital spending and investment in information technology by 2002. The programme will focus on its Swiss-based operations. It also
        Bloomberg; REUTERS  -  528 words
      • 495 38 Bloomberg [TOKYO) Japan Airlines Co, Asia's largest carrier by sales, said weaker global demand triggered the biggest monthly drop in cargo volume in April since February 1992. Passenger growth also slowed. Japan Airlines' cargo volume dropped 12 per cent to 51,669 tons in April. The
        Bloomberg; FILE PHOTO  -  495 words
      • 256 38 Jet leaves trail of fael on runway as it lands safely AFP [BANGKOK] Thai Airways International confirmed yesterday that one of its aircraft was forced to make an emergency night landing in central Vietnam on Tuesday after developing a problem with its fuel system.
        AFP  -  256 words
      • 1729 38 cm flKMt CT* FLIGHT (IS uun 2230 I*6380 2230 $0229 22JO *astff«M $023 0635 KLB38 2255 6*975 1035 S032« 2325 K1837 1455 AWUMM ****** 2045 IH6986 2020 S0286 2045 H224 2020 S***** 2020 ****** 2045 SO 215 2045 Mrda CH48 0935 6H49 0725 Mlk»W< HI/CAM# 1915
        1,729 words
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    • 1149 28 NORTH AMERICA I I EXPORT 1 I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LONG BEACH WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) wssa vot ma (tdsm iongkaoi omias wawwi oo(aco mm row wmcoon wssa Iwt i a i noumtt aojutu sank—to co—no w"—. w"vwtwu~ OOaMWTOM ***** 00/04
      1,149 words
    • 663 28 nes services represented by Members erf the Registry of Members of the fclS&Ba Accredited Shipping Agents, Singopore logistics Singapore Shipping Association Association CONTAINERS/ CONVENTIONAL CARGO ran KUNG/SMUPOKE/MURU t iangcok VOV ETAPKL ETA SIN ETA MALE tJßpmik Uh Ml »vW WW 17W Prim* Uh UMH 21 w aw WW UU MARINE
      663 words

  • Page 29 Advertisements
    • 1378 29 TO EUROPE FROM EUROPE Vissa VOT SM ITU MM HAM BRV SOU UH I [vESSEI VOT RTM ANR HAM BRV SOU L» SM I NT FORTUNE 302W 11/0* 28/06 30/0* 03/07 04/07 HY FEDERAI 1301 19/05 21/0S 23/05 17/05 10/0* API FRANCE 101W 17/06 07/07 05/07 09/07 APtCORAI 021E 22/05
      1,378 words
    • 1833 29 TO AOEN} T/T tlO MYS JEDDAM T/T: 12 DAYS I AQABA T/T: 15 MYS J KNtRAI AMyS IN SIMGATOBE 12 nL *****57/43 FAX: 23*5321/71 WAIATSIA OFFICE PASIR GUDANG TIL 07-*****66 FAX: 07 *****70 COSTAR SHIPPING PTI LTD *****02 *****25/7S PORT RUNG 03-*****633 03-*****668 CR MO: **********0 M TIL 226 1900
      1,833 words
    • 502 29 VBSfl VOY Sl* (KG VOY SJN HKG K& USM PUS INC *KSft W SIM JKT SUB IfiC um 1134 IV* ■*55!——:—i_ Hyundaistrmr us is/m i;/at HYUNDAI MIDGi 03# 10/04 14/04 10/04 KMTC ULSAH IMS J/jS TO/% 22/04 MTCSttttAPOIE IMS ***** 24/5 IU4T( H044GK044C IQtS 10/04 12/04 IOON 13/04 17 04
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  • Page 30 Advertisements
    • 1482 30 C SENATOR LINES TO EUROPE TO MIDPtf EAST/IRAN/RED SEA VtSUI VOY SM UN ITM «M HAM MV FU IvlSSa VOT y* DU *0 MO PUDONG SfNAfOti 00UW 05.06 22.04 24.0* 25.06 24 04 27.0* 210* NARAD 00 UW Mo* 14 04 1404 2104 24 04 tIAMHALLK 0003 W 04.06 30
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    • 1139 30 p MAC-NELS SPfIRF M'SIA uTT/vsJ Carrier: MM CONTR LINES, INC p. gudang (07) *****26 1 l\-/ J cm NO **********0 C SIBU (084) *****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JKT: (21) *****45 KUCHING (082) *****1 -3 AUCKLAND FIUXSTOWE/Ii HAVRE/HAMBURG
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    • 478 30 Si WEEKLY EXPRESS SAILING SCHEDULE WESTBOUNO TO COLOMBO NHAVA SHEVA (CFS MULUNO MUMBAI) ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINT? VBUINAJU jvor S'POtl COLOMBO! It SMVaI (ONNKTMG CONNKTWG VSHKA VSL-EWOff ioukmasa mioi 11 Jim I6jun n jun indamu *oii zun ANTwiif jnm w? Mils OI7S II JIM 73
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  • Page 31 Advertisements
    • 1384 31 IRISL, JsJtflrfskSi} 1/J dbllildJs) Jitjj), £lss9pfa3 Z Df] fills J yflzl y d ZdfzjD z/sJ \)jlj t zjl)z)h I>]]J ol JudhjtJ }of frzJsJJpLtfizfMzJurJ }o lijjtjjjd pt>hj}3 Jjj Jj*zJU Ws*]] U3 r J jjj }hy Jlfdjjj}) fbjjyj AGENT IN SINGAPORE AGENT IN MALAYSIA AGENT IN INDONESIA SJNOSE MARITIME PTE LTD CR
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    • 441 31 limn 1 UViHiH I Loading tor EFESSOS RDM/ATW/BMN/UK LOK KIRTI RDM/ATW/BMN/UK/LPL LEADER RDM/ATW/BMNAJK/LPL Loads Singapore. EVW Malaysia. Indonesia Loading for SEA RENOWN D6I/ABU/DOH/BRN/DMM/KWT PAN EXPRESS HOO/JDH/AQA L DfMfTROVA JDH/AQA PAN QUEEN DBI/ABU/DOH/BRN/DMM/KWT PEUNOVO DBI/ABU/DOH/BRN/DMM/KWT EVE RISE GLORY JDH/AQA 'Loads Singapore. EVW Malaysia Indonesia I Loading for I IDEE FIXE CAM/NFK/NOL
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    • 1351 31 HONGKONG/ SHANGHAI/ lINGANG/ OINGOAO MNGKOK/KAf TA PHtfT/LAIM CHAIANG I VESSEL VOY SIN HUG SHA lOG TAP YlSStl 1 ¥OT SIN MM MTF iCH 1 'TMA IHUM NOIS 11/06 16/06 11/06 77/06 7S, 06 ?FTMA Ihnm- wnS [4% I GANIAIHUM NQ44 11/06 7X06 76/06 71 06 02/07 SH'MAIKMI SO? IPO6 ism
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  • Page 32 Advertisements
    • 788 32 ■■iadUflliAAM EUROPE/ UK/SCANDINAVIA awn VESSR/VOYAGE I SGP I RDM [W6~[~HH WT |B 110 UUMOO9MIOW \m v% t oi/W T LKMKOMIMOI9 11/116 29/06 'ill*' 02/07 OCD/ 05»/07 HUDfSSBOOWOTW 17/06 01D7 OMI7 OMI7 j mo 6 OMU '09/07 imp EAST AND WEST MEDITERRANEAN/BLACK SEA EXPORT vessel/voyage sgp g» gna fos kn vie
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    • 398 32 ARABIAN PWSIAN OUIF/R<PUN SUB CONTXNT SHtVia ■XPORT VESSEL VOYAGE SGP CM! DUB DMN KHI NXV AKM JED AOR UMASSURE *****22W 11/04 IS/04- 21/06 23/04 25/04 UNI PRUDENT 0449 olow 12/04 14/ Ok 22/04 2V04 29/04 EVER GIFTED 0803 093W 14/04 19/04 SONG HE 0144W 15/04 24/06 ***** 02/07 UNI AMPLE
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    • 808 32 SINGAPORE PTE LTD IS McCallum Street #03-01/02 Nafwest Centre Singapore Oo*JO4S Tel (6S| *****73 Fax (OS) 220Hfoto Email generals ecusin eculine net Website http //www eculine net lohore Bahru Office Tel |07| *****18 Fax |07| 352t>7t>2 Direct Weekly Service To (ALSO ACCEPTING CARGOES TO ALL INLAND DESTINATION IN USA) U.S.A.!!!
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    • 429 32 INDONESIA NATIONAL LINE TO AUSTRALIA FULL CONTAINER SERVICE «l VOT KG SW Htt M STP MB lOA AU HB wtomi ios 11/06 12/06 n/ot m/m m/m nm Nwr«tt Tws 11/0610/06 ?S/06 01/07 03/17 16/07 rowocajMPi «os a/06»/o* 06/0700/0710/07 13/07 *iwn m w/0703/07 «/07 15/07 T7/ir n/n FEEDER SERVICE TO INDONESIA
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  • Page 33 Advertisements
    • 426 33 BSA x m MMft MYANMA \pHßk FIVE STAR LINE (Myanmar National line) Loading for Yangon VESSEL VOY SIN PKL PEN PGU (AGO 118W SID MONG LA 4SW SU» MALAYSIA AGENTS: lOUSTUO SHIPPING AGENCIES KUL TEL 03-*****300 PKL HI 03-*****101 PEN: TEL 04-*****02 PGU: 1H 07-*****71/4 BANK LINE (A service of
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    • 1272 33 HMNEHYUNDAI MERCHANT MARINE CO., LTD. Ivcsa vor sou Ita btm I ami I ham brv Ivessei vor sou leh I rtm ant ham mtv Ism I HY FORTUNE 307W 04/06 26/06 70/06 21/06 23/06 Ha MS 07* 11/05 12/05 06/05 01/05 30/05 API SARDONYX 102W 07/06 25/06 30/06 27/06 28/06
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    • 994 33 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERia "CAR RORO HEAVYLIFT SERVICE" IVISStI. VQT RAMP HUGHT SIW IK* MAO MIA SAV »Al Mf j HTC H[W MOt TOM AHII2 400T«k 6.3 M 09/06 IS/07 18/07 20/07 22/07 23/07 25/07 29/07 31/07 TARONGA AH 113 400Tmh 6.3 M 27/06 04/08 07/08
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  • Page 35 Advertisements
    • 530 35 SASIA SASIA EXPRESS LINES SINGAPORE AGENT: JARDINE LINER SUPPORT SERVICES VtSStt VOY SINGAPORE PAS« GUDANG PO«T KELANG PgjMg MANAUS 06/01 26/06/2001 27, 06 2001 21/06/2001 SU» INDUCEMENT 30/07/200) 07/01 26/07/2001 27/07/2001 21/07/2001 SU9 INPUOMtNT 30/08 200) GRACHT 08/01 26/08/2001 27/0»/2001 28/08/2001 SU» INOUCHtfNT 10/09/200) W*CHT 09/01 26/09/2001 27/09/2001 2S/09/2001 SU»
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    • 208 35 MUR SHIPPING INDIAN OCEAN ISLANDS/SOUTH AFRICA VESSEL TWU KK MIRI TGM SIN PK MTS REUNION DSN EL PE CT EXPRESS POWBVOY 012 24/06 27/06 29/06 01/07 03/07 13/07 19/07 22/07 23/07 24/07 MURVOYOU 05/01 01/01 11/00 13/01 IS/01 2S/0I 01/09 04/09 05/09 06/09 ALSO ACCEPT WWKS KM HTB ASA SttVKK
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    • 173 35 VfSSH VOT ETAfGU MY VOY ETA SIN MY KUAiASMI 1105S 04 06 01 MOW 11 OS* OS 04 01 niE BIAIA SIAK« I lots 04 04 01 ~WH) lIO4N *****1 THU miAusam iiO7S *****1 iio/w aotoi "i niAuswn nor *****1' sat ~nwT wotoi ~saT~" KUAUSmiI MOTS *****1 SUN HOW 1104
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    • 257 35 ENG LEE SHIPPING CO PTC LTD I WTCA W: *****22 (10 Uni) Fei: *****3R*****60 T C« tU: IHWWMK VESSEL VOT SIN ETA SIN [TO DESTINATION S*w Cetmol 08/01 10/04 11/04 Duma Terawng Un«i S*« 3 07/01 11/04 12/04 Jomb UnonStt32 07/01 11/06 12/04 Suraho* Unon Star 12 05/01 11/06 12/06
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  • Page 36 Advertisements
    • 632 36 JiM■ ili^i W^EEfffm!mmESSM vessel voy sin maa sin TIGER METRO 898N 10-11/06 1609/06 24 25/06 TIGER RHYTHM 899N 1314,06 19 2Z06 27 2a06 TIGER BRIDGE 900N 17 iao6 22 25,06 30-01/07 IMILD6URG 08N/01 17 18/06 23 2606 01 02-07 TIGER SPEED 901N 19 20,06 26-29/06 03-04/07 J TIGER METRO 902N
      632 words
    • 1156 36 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Road, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 i Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.sg Introducing VALPARAISO SOUTH AMERICA SANTOS NANZANILLO fortnightly direct BUENO AIRES Booking 267# 4694/5535/5539/5541/5553/5569/5579/5562 PROJECT SHIPMENT A HEAVYUFT CARGO (CONVENTIONAL A RORO) U«w *****75, H/K *****977 tw.nf-UMn.coen.Mi LOGISTICS
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    • 1109 36 onippmy iimcb, rnutiy, jurit o, 1 rh IPDZ LINES W—l^mn fT_ CUSTOMH SOrVKL HL 02-7JI-SSH fU: 01-HMm I SINGAPORE: TOWC XX) SMIffIUG PTI LTD hnh»f I'rftji Hi i| I PIMA ***** 06/06 GMA ***** 06/06 GILIAN 21 IS 07/06 GiUAN 2111 07/06 GINSENG 2125S 09/06 GISWif ***** 0«/06 GISIAMG 2199
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  • Page 37 Miscellaneous
    • 123 37 LEGEND: Issued by Meteorological Service Singapo^ R Thunderstorm A Showers Rain emperature c Wind direction and speed in knots Cloudy Day WM,her U X Hfl7V Wind speed symbols Sea CondHions O Full circle w/o line indicates calm or light and variable winds j m -»—-One halt fleche represents 5 knots
      123 words