The Business Times, 14 December 2002

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Total Pages: 18
1 18 The Business Times
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  • Title Section
    Lock icon Masthead
    19 1 THE BUSINESS TIMES weekend MfTA(P) 01(y05/2Q02 85« s I N G A P o R DECEMBER 14 15. 2002
    19 words
  • Article
    Lock icon NatSteel proposes cash payout of 97C a share
    828 1  -  Amount decided upon after banks threaten to pull credit lines By Catherine Ong [SINGAPORE] Nat Steel Ltd, a company whose ownership remains in suspense, revealed yesterday that its bankers have pressed the panic button and are threatening to pull out a "substantial
    828 words
  • Article, Illustration
    Lock icon Disney may shift TV production base to S'pore
    571 1  -  EXCLUSIVE tt plans to use expanded hub here as launching pad into Asia-Padfic By Chuang Peck Ming [SINGAPORE] Mickey Mouse, the Disney character that has brought laughter to millions of children worldwide, may soon bring smiles to Singapore's economic planners. Walt Disney,
    571 words
  • Article, Illustration
    Lock icon SPH plans to float MediaWorks once it becomes profitable
    794 1  -  By Audrey Tan [SINGAPORE] Singapore 1 Press Holdings (SPH) intends to float its broadcasting arm, SPH Media Works, once it becomes profitable but it may take a "couple more years" to do so, group president Alan Chan Heng Loon said yesterday.
    THOMAS WHITE/ST  -  794 words
  • Article, Illustration
    Lock icon Doing the salsa and samba in Latin America
    872 1  -  s A T U R DAY SOAPBOX jennifer lien WHERE there's money to be made, distance, language and culture are seldom barriers. This is certainly the case for a growing number of Singapore companies that have ventured halfway round the world into
    872 words
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  • next page
    • Article, Illustration
      Lock icon Banks,GLCs and IPOs in trading focus
      653 2  -  MARKET REVIEW r sivanithy THREE questions dominated trading this week. The first was: how high can the banks go? The second was: how low can some of the government-linked companies sink? And the third: how will the initial public offers perform? As it turned
      653 words
    • Article
      Lock icon Correction
      84 2 OUR report on Wednesday, "Sing Tel gets $134 m windfall from Belgacom stake", incorrectly said Sing Tel received $133.7 million dividends from its 12.15 per cent interest in Belgian mobile operator, Belgacom. The dividend was pro-rated based on a combined 13.5 per cent stake in Belgacom consisting of SingTel's
      84 words
    • Article
      Lock icon MARKETS
      70 2 STI 1,367.48 (-14.25) ST INDEX FUTURES 1,358.00 (-15.00) SIMSCI FUTURES 167JL0 (-2.40) Friday Change KLSKCOMP ***** -2.08 NIKKEI 225 JV»16.(J7 -***** HANG SENG 9,728.43 SET INDEX 356.20 -4.75 JAKARTA COMP .391.22 264 MANILA COUP ..1,030.18 .467 TAIPEI WPI 4,588.14 -8156 SEOUL COUP 708.13 7.25 SHENZHEN B ***** .257 AI'STALLORD
      70 words
    • Article
      Lock icon FINANCE
      72 2 FOREX RATES US$ S$ i;s$ (S$ per l'S$) 1.758 £(1JS$/S$ per X) 1581 1789 El T RO(l!S$/S$/E). 1.021 1.794 YEN 122.6 69 70 RM 3.800 2.162 HKS 7 799 4.4.16 BAHT 4.1.W 24 63 RIP1AH 8375 5.049 PRIME RATES SINGAPORE* 525 KI'ALA LIIMPtIR 640 HONG KONG 5 WW JAKARTA
      72 words
    • Article, Illustration
      Lock icon US$ battered by war fears; euro, gold hit 3-year highs
      482 2  -  Dollar's key 122 yen support broken, triggering heavy stop-loss selling By\ Larry Wee [SINGAPORE] Renewed war worries sent the US dollar into sharp retreat yesterday, with selling pressure reaching fever pitch at the close of Asian trading. Gold, the euro
      Source: Reuters  -  482 words
    • Article, Illustration
      Lock icon Positive tankan report fails to cheer Japan
      644 2  -  Finns say figures reflected stronger export market but prospects are deteriorating From, Anthony Rowley in Tokyo AN unexpectedly strong improvement in Japanese corporate sentiment was revealed yesterday in the Bank of Japan's latest quarterly survey of business conditions. But the rise recorded in
      AFP  -  644 words
    • Article
      Lock icon Only ST Telemedia, Telekom bid for Indosat
      447 2 Reuters fie [JAKARTA] Malaysian teleat phone company Telekom ry and Singapore communicaat tion group ST Telemedia :h were the only companies to al meet the bidding deadline JS for a stake in Indonesia's le leading overseas call operator PT Indosat, an adviser to
      Reuters  -  447 words
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    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      101 2 rSince 1975 our worldwide staff of TP over 2?5 multi-disciplined (professionals H. 1 V including lawyers chartered accountants J 4 chartered secretaries and bankers have provided confidential and cost effective B A company formation in all the major low ta» areas including rT 11 M »y lii |f iii| in
      101 words
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  • in the news
    • Article
      Lock icon Foreign firm seeks backdoor listing through Seatown
      391 3  -  Seatown Corp tells stock exchange It aims to restructure group's debts and broaden asset base through this deal By Vince Chong LJy VUIUC VsUUUg A FIRM incorporated in the British Virgin Islands is planning, through its subsidiary, a backdoor listing here through loss-making,
      391 words
    • Article
      Lock icon Teamsphere reverse takeover may abort
      424 3  -  It has yet to hear from the vendor on unresolved issues By Serena Ng YET another reverse takeover of a Singapore-listed company looks to be in danger of being scuttled. Yesterday, loss-making electronics component firm Teamsphere, which plans to acquire the assets of French-Polynesian firm
      424 words
    • Article, Illustration
      Lock icon APP bondholders balk at Ibra power over debt plan
      571 3 Bloomberg ASIA Pulp Paper Co (APP) bondholders, owed US$4 billion by the region's biggest defaulter, say they are being railroaded into a debt repayment plan that puts too much power in the hands of Indonesia's bank rescue agency. State-run Indonesian Bank
      Bloomberg  -  571 words
    • Article
      Lock icon OCBC to raise funds from selling preference shares
      407 3  -  By Siow Li Sen OCBC Bank yesterday said it would be setting up a programme to issue Tier 1 noncumulative non-convertible preference shares to take advantage of favourable market conditions. This will fund business growth as the bank's mortgage and credit card
      407 words
    • IN BRIEF
      • Article
        Lock icon Cheung Woh placement taken up
        90 3 HARD disk drive parts maker Cheung Woh Technologies said the placement tranche of 36 million shares in its initial public offer has been fully subscribed at the issue price of 23 cents. This includes a 17 per cent take-up from an international fund manager, Cheung
        90 words
      • Article
        Lock icon SGX, Shanghai bourse in marketing tie-up
        67 3 THE Singapore stock exchange said yesterday that it is cooperating with its Shanghai counterpart in their marketing efforts in the respective cities. The Singapore Exchange Ltd (SGX) is supporting the Shanghai Stock Exchange's (SSE) seminar here on Jan 8, while SSE will do the
        67 words
      • Article
        Lock icon Lee Metal exec director to be CEO
        46 3 LEE Metal Group announced yesterday that with effect from Jan 1, executive director Ng Chor Hua will be appointed as chief executive in place of executive chairman Lee Lin Poey, who will continue to be in the latter role.
        46 words
      • Article
        Lock icon Stamford Tyres interim up 21%
        80 3 STAMFORD Tyres yesterday said net profit for the six months ended Oct 31 rose 21 per cent to $2.9 million, while turnover grew 22 per cent to $72.6 million. Earnings per share improved to 4.8 cents from 3.96 cents a year ago. The company said
        80 words
    • Article, Illustration
      Lock icon Fastech Synergy issues profit warning
      344 3 FASTECH Synergy Ltd, a mainboard listed semiconductor equipment supplier, flashed a profit warning yesterday after it found that sales growth in its October to December period failed to materialise. The loss-making firm had earlier expected "minimal quarter-over-quarter growth in sales and operating results in the
      FILE PHOTO  -  344 words
    • Article
      Lock icon SGX rule changes will target 'Chinese walls'
      439 3  -  Amendment to relax broker upgrading requirements raises some eyebrows By David Boey THE Singapore Exchange wants to tear down "Chinese walls" and replace them with permanent divisions, as part of the sweeping changes it has floated for the broking industry. The changes are
      439 words
    • Article
      Lock icon k1 Ventures subscribes for US$25m of K2 Inc debentures
      275 3  -  By. Andrea Tan IT may be the name or the business or perhaps both that attracted kl Ventures Ltd to subscribe for US$25 million of debentures in USlisted K2 Inc, a maker of sporting goods. The debentures, due in March 2010,
      275 words
    • Article, Illustration
      Lock icon Execs, managers hit hard as jobs market worsens
      528 4  -  EYE ON THE ECONOMY Tertiary graduates account for 31% of locals retrenched By Chuang Peck Ming EXECUTIVES, managers and professionals are taking a bigger hit as news on the job front worsens. "Tertiary graduates accounted for a significant share of locals retrenched
      Source: MOM  -  528 words
    • Article
      Lock icon Analysts see 9.1% growth in Nov key exports
      513 4  -  Higher NODX will allay fears of another recession By( Chuang Peck Ming SINGAPORE'S non-oil domestic exports improved further last month, after posting a year-on-year gain of 6 per cent in October, according to Deputy Prime Minister Lee Hsien Loong. But Mr Lee
      513 words
    • Article
      Lock icon S&P revises Income's counterparty rating outlook
      338 4  -  It cites difficult investment climate for negative rating By Genevieve Cua STANDARD Poor's yesterday revised the outlook for NTUC Income's "AA" counterparty rating to negative, from stable. "The outlook revision reflects the expected risks to NTUC Income's near-to-medium term financial profile posed by a
      338 words
    • Article
      Lock icon APS gets US$80m mandate from Swedish fund
      208 4 HOMEGROWN fund manager APS Asset Management has clinched a US$BO million mandate from the Swedish state pension fund. The mandate from Fjarde AP-Fonden, the Fourth Swedish National Pension Fund (AP4), is the largest account the firm has received so far from one institution.
      208 words
    • Article, Illustration
      Lock icon CAAS invites Virgin to fly to S'pore
      337 4 Bloomberg SINGAPORE has asked Virgin Blue Airlines Pty, the Australian discount carrier founded by UK billionaire Richard Branson, to fly to the island state as part of its network expansion. Australia's second-larg-est airline has said it was eyeing expansion to Malaysia, Singapore, Brunei
      Bloomberg; FILE PHOTO  -  337 words
    • Article, Illustration
      Lock icon TimeCel deal may help Maxis stay on top
      451 6 The RM 1.48b purchase expected to speed up industry consolidation Reuters [KUALA LUMPUR] Malaysia's Maxis said on Thursday it will pay RM1.48 billion (*****.4 million) for the cellular assets of smallest rival Time dot Com, sealing a deal that will lift its
      Reuters; AFP  -  451 words
    • Article
      Lock icon YTL confirms bid for Midlands Electricity
      258 6 Reuters [KUALA LUMPUR] Malaysia's YTL Power International Bhd, which won a bid for Britain's Wessex Water earlier this year, confirmed yesterday it had made an offer for British power distributor Midlands Electricity pic. "We have submitted our bid," Francis Yeoh, YTL Power managing director,
      Reuters  -  258 words
    • Article
      Lock icon Moody's may cut MISCs debt ratings
      194 6 Bloomberg [KUALA LUMPUR] Malaysia International Shipping Corp's (MISC) ratings were put on review for possible downgrade by Moody's Investors Service following reports that it may incur US$B2O million of new debt to fund expansion. Moody's put Malaysia's biggest shipping company's Baa 2 foreign and
      Bloomberg  -  194 words
    • Article
      Lock icon HK'S SFC gains some powers over banks
      185 6 [HONG KONG) Hong Kong's stock market regulator will gain supervisory powers over banks engaged in securities activities, under an agreement signed between the city's financial watchdogs yesterday. The Securities and Futures Commission, which regulates the city's stock market, and the Hong Kong Monetary
      185 words
    • Article, Illustration
      Lock icon Smooth sailing for Syed Mokhtar's PTP port deal
      443 6  -  All regulatory hurdles cleared and MMC is now majority owner of PTP From, Eddie Toh in Kuala Lumpur MALAYSIAN tycoon Syed Mokhtar A 1 Bukhary has cleared all the regulatory hurdles in his bid to inject Port of Tanjung Pelepas (PTP) into
      RLE PHOTO  -  443 words
    • Article, Illustration
      Lock icon Philippine economic minister sacked
      302 6 AFP [MANILA] Philippine President Gloria Arroyo yesterday sacked her economic minister and set up a special monitoring system to prevent corruption in government contracts. She said Economic Planning Secretary Dante Canlas would be replaced by Romulo Neri, a professor at the respected Asian Institute of Management
      AFP  -  302 words
    • NOTE BOOK
      • Article
        Lock icon Bashir warns Australia
        100 6 AFP [SYDNEY] Abu Bakar Bashir, the head of outlawed terror group Jemaah Islamiyah, has warned that Australia would be "destroyed instantly" if it attacks terrorist targets overseas, it was reported yesterday. The Sydney Morning Herald said Bashir issued the warning in answers to questions the paper put
        AFP  -  100 words
      • Article
        Lock icon UEM agrees to buy 800m Renong shares
        87 6 Bloomberg [KUALA LUMPUR] Renong Bhd, looking to raise RM4OO million (*****.4 million) from a sale of new stock, said its parent company agreed to buy up to 800 million shares to keep the Malaysian infrastructure group afloat. Renong signed a subscription agreement with
        Bloomberg  -  87 words
      • Article
        Lock icon RHB-Utama Bank merger on track
        97 6 [KUALA LUMPUR] The merger of RHB Bank and Bank Utama will proceed as planned and be completed by the end of the year after the agreements between them became unconditional on Thursday. The Star reported yesterday that Rashid Hussain Bhd, Utama Banking Group and its
        97 words
      • Article
        Lock icon Thai Air sees strong passenger growth
        91 6 Reuters [BANGKOK] Thai Airways International yesterday said its passenger growth next year would be faster than the forecast global airline average of 4 to 6 per cent. Thai Airways president Kanok Abhiradee said his forecast assumed there would be no "major incidents" that would
        Reuters  -  91 words
      • Article
        Lock icon Mania seeks tax changes to raise revenue
        94 6 Bloomberg [MANILA] The Philippine government plans to change the way cigarettes and beer are taxed and to impose a value-added tax on doctors, lawyers, actors and other self-employed professionals to increase revenue. The government expects to raise 10 billion pesos (***** million) a
        Bloomberg  -  94 words
      • Article
        Lock icon KL firm wins RM139m Airbus contract
        79 6 Bloomberg [KUALA LUMPUR] A Malaysian state-controlled company won a RMI39 million (5564.1 million) contract to build wing panels for Airbus A3BO plane. The contract is the second for Composite Technology Research Malaysia Sdn since October, when it secured an RMBOO million agreement to build
        Bloomberg  -  79 words
    • Article
      Lock icon Arab Banking to sell HK bank
      475 7 The Persian Gulf bank and China Everbright in talks to sell combined 75% stake in International Bank Bloomberg [HONG KONG] Arab Banking Corp, the largest lender among the Persian Gulf monarchies, may sell Hong Kong's International Bank of Asia Ltd, retreating from a market
      Bloomberg  -  475 words
    • Article, Illustration
      Lock icon Indian mobile users almost double to 9.7m
      408 7 Surge in customers due to new networks, price cuts Bloomberg [NEW DELHI] India's mobile phone subscribers almost doubled in November from a year earlier as companies such as Bharat Sanchar Nigam Ltd and Idea Cellular Ltd attracted more customers with new networks. The
      Bloomberg; REUTERS  -  408 words
    • Article
      Lock icon KL to standardise betting taxes
      521 7 Payouts to go up to divert players from illegal bookies Bloomberg [KUALA LUMPUR] Malaysia is seeking to standardise betting taxes and raise prize payouts in its biggest effort to lure players from illegal bookies that have hurt sales at Berjaya Sports Toto Bhd and other
      Bloomberg  -  521 words
    • Article
      Lock icon Indofarma privatisation postponed due to Bali blasts
      399 7 AFP [JAKARTA] Indonesia has postponed a key privatisation partly because of the impact of the Bali bombing, a government source said yesterday. The government will delay final bids for a 51 per cent stake in pharmaceutical firm PT Indofarma to the first quarter
      AFP  -  399 words
    • Article
      Lock icon Sunday to cut workers' pay; MD accepts bigger cut
      342 7 Bloomberg [HONG KONG] Sunday Communications Ltd, Hong Kong's smallest cellphone company, plans to reduce the pay of two-fifths of its Hong Kong workers as much as 13 per cent next year, with managing director Bruce Hicks taking a bigger cut It
      Bloomberg  -  342 words
    • Article
      Lock icon Key Chinese economic posts to be reshuffled next March
      631 7 Reuters [BEIJING] After a generational change in the Communist Party leadership last month, China is laying the ground for a sweeping reshuffle of government ministers, including key economic posts, at a Parliament meeting next year. The new Cabinet of the world's
      Reuters  -  631 words
    • Article
      Lock icon Demutualising KLSE won't spur mergers
      495 7 IKUALA LUMPUR] Stockbroking firms will not be scrambling to merge just because the Kuala Lumpur Stock Exchange plans to demutualise by next July, Malaysia's Business Times reported yesterday. Quoting sources, it said the stake each stockbroker stands to get in the KLSE, which has a
      495 words
    • Article
      Lock icon US Oct inventories at year's peak
      498 8 LATEST US INDIC A T 0 R S Sales climb at fastest pace since July, while November wholesale prices record biggest decline in six months Reuters, AP [WASHINGTON] Stocks at US businesses climbed to their highest level in a year in October, boosted by
      Reuters,; AP  -  498 words
    • Article, Illustration
      Lock icon Friedman brings Wall St savvy to White House
      645 8 Reuters [WASHINGTON/NEW YORK] Stephen Friedman, appointed on Thursday as the top White House economic adviser, has roiled conservatives who question his tax-cutting zeal but he brings a resume that seems tailor-made to please Wall Street. Mr Friedman, 64, spent three decades at
      Reuters  -  645 words
    • Article
      Lock icon Fed members warned of deflationary risks
      436 8 Official stance was moderated, minutes of Nov 6 meet show Bloomberg [WASHINGTON] Federal Reserve policy makers raised a warning about deflation at their Nov 6 meeting and said the economy was at risk of further weakness rather than strength, minutes of the gathering show.
      Bloomberg  -  436 words
    • Article, Illustration
      Lock icon Wal-Mart looks abroad for growth
      543 8 Reuters [CHICAGO] Wal-Mart Stores Inc is increasingly looking abroad as evidenced by Thursday's investment in Japan to keep up the heady expansion pace that drives its unrivalled sales growth, amid concerns that it could saturate its home market in the next decade. The world's biggest
      Reuters; REUTERS  -  543 words
    • Article
      Lock icon Japan to drop duty on nearly 200 products
      459 8  -  It will widen range of duty-free fishery, agricultural products from LDCs From Anthony Rowley in Tokyo IN a move that will benefit a wide range of Asian and other developing nations, Japan yesterday announced that it will substantially expand the range of
      459 words
    • Article
      Lock icon EU sets bill for enlargement at 40 billion euros
      303 8 AFP [COPENHAGEN] The European Union's expansion eastwards would cost 40.42 billion euros (Ss72 billion) with the admission of 10 new members in May 2004. The three-year funding package was approved late on Thursday by leaders of the EU's current 15 member
      AFP  -  303 words
    • WORLD WATCH
      • Article
        Lock icon US consumer confidence up in Dec
        73 8 Bloomberg [WASHINGTON] US consumer confidence rose in December for a second straight month, pulling away from a nine-year low and signalling Americans may have enough faith in the economy to keep spending, a University of Michigan survey showed. The university's preliminary sentiment index rose
        Bloomberg  -  73 words
      • Article
        Lock icon Oil prices up amid strikes in Venezuela
        69 8 Bloomberg [LONDON] Crude oil rose to an eight-week high as strikes in Venezuela halted shipments. The strikes forced a refinery in the Caribbean to close. In addition, Opec agreed on Thursday to cut production to 23 million barrels a day starting Jan 1.
        Bloomberg  -  69 words
      • Article
        Lock icon Pearson sees no ad rise next year
        57 8 Bloomberg [LONDON] Pearson, the publisher of the Financial Times, said it doesn't expect a recovery in the advertising market next year after ad sales at the newspaper declined 11 per cent in the second half. It is "not planning on any recovery" in
        Bloomberg  -  57 words
    • Article
      Lock icon Toshiba to open 2 new chip plants
      616 9 It will invest 350b yen in the plants in Japan to m.ii. chips for cell phones and other consumer electronics [TOKYO] Toshiba Corp, the world's second-largest chipmaker, will invest 350 billion yen (Sss billion) in two plants making chips for cell phones and
      616 words
    • Article
      Lock icon Burns Philp makes bold bid for Goodman
      670 9 Yeast maker makes unsolicited As2.2b bid for bigger company Reuters [SYDNEY] Australian yeast maker Burns Philp Co Ltd launched a A 52.2 billion (552.18 billion) bid yesterday for much larger food company Goodman Fielder Ltd, marking a milestone in the bidder's recovery from
      Reuters  -  670 words
    • Article
      Lock icon SEC enforcement chief urges audit firm crackdown
      262 9 Reuters [WASHINGTON] The chief of enforcement at the Securities and Exchange Commission on Thursday urged more frequent SEC legal action against accounting firms, sounding a get-tough note as a new SEC chairman comes aboard. Stephen Cutler, speaking before hundreds of accountants, said the
      Reuters  -  262 words
    • Article, Illustration
      Lock icon C&W to cut 65% of its staff in Europe
      316 9 AP fLONDON] British telecommunications giant Cable Wireless will cut about 65 per cent of its staff in Europe, or about 800 people, in an attempt to stem losses, according to an internal memo obtained by Dow Jones Newswires. The memo, sent
      AP; BLOOMBERG  -  316 words
    • Article, Illustration
      Lock icon The sultan who could be president
      868 14  -  WRITER'S J 0 U R N A L karim raslan WHAT defines political leadership? What marks a man (or woman) out from his (or her) peers? What makes others believe that they are worth following, that their ideas matter for the broader community? Having
      868 words
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      Lock icon Page 3 Advertisements Column 1
      67 3 E If Made In Denmark ■HHSSfi Appliances Trading Pte Ltd SWEEP:. 6748 3550 Fax: 6458 3608 |L m WWW.premierappliances.com.sg Hooj Electncal M: 4744 323f 1 k J Hoot Appliance) M: U4| 7744 Parwlk u. uu JJ°"* Applnocti TH: MM 1»21 Rim Electrical TH: 4737 4351 Sin Siaat Cbooa Hardware TH-
      67 words
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  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      731 4 VISOR LIMITED (the "Company") (l) iil?' 00 6 Per Ccn J- Sen,or Secured Bonds Due 2009 (the "Senior Bonds") together with 12,500 "A" Redeemable Preference Shares of Sso.lo each In the capital of the Company (the ""A" Preference Shares") (ii) Bonds^ie^Bonri*'* Jun r Bond# and together with the Senior 8
      731 words
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      Lock icon Page 4 Advertisements Column 2
      387 4 Oil >»fl-trec 1800 289 8822 I—U recralf NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the members of Chuan Hup Holdings Limited (the "Company") will be held at 322 Jalan Ahmad Ibrahim Singapore *****1 on 6 January 2003 at 2.00 p.m. for the
      387 words
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      Lock icon Page 4 Advertisements Column 3
      162 4 In the Matter of The Companies Act Cap. 50 ond In the Matter of SUNG-LOONG PTE LTD (In Members' Voluntary liquidation) None* OF FINAL MFFTINC. NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that the Final Meeting of the Members of the Company will
      162 words
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  • in focus
    • Article, Illustration
      Lock icon The fall of HK's English media?
      1288 5  -  The territory's two English-language newspapers may be seeing a structural decline in readership as expatriate readers dwindle and locals turn to more sensationalist Chinese papers, says AUDREY TAN AUDREY TAN MORE than five years after the handover to Chinese rule, Hong Kong's two English-language
      ST FILE PHOTO  -  1,288 words
  • Article
    Lock icon KLSE
    2206 5 Transaction date: Dec 13 KUALA LUMPUR Fraser»Neave X32 unch 0 V0 FSBM 169 unch 3 KM w- rOOO) FW Industries .0.16 unch 0 Gadaoq 093 undi 0 A M Really 553 0.02 7 Gamucfa S JO -0.15 205 Abrtc 1.05 0.05 17 GanadGoip 0.69 001 1 ACP Industries 2.85
    2,206 words
  • Article
    Lock icon SGX
    650 5 lYansaction date: Dec 13 o— Q»— Xi— W O— S* 1 "J J5SJ 501 647 I M IK -0.010 OCBC 5 K 9600 -0.100 Owrt SmConD 2tc 0.71 (LOO 4JBS OUC 0.51 5 2?LS"*?JL 2/a fMmyNflc 0J7 0 760 *0005 Cmm*»t2c an moo -0.100 sgxk o* mso ***** -0100
    650 words
  • Article
    Lock icon BONDS & WARRANTS
    487 5 BONDS WARRANTS M ta r, M"l Sale *m- cm* toBe Mn h| Uli AST1W*****1 _|J.5 1 16 131 Oi3 IS AonaLtdMKMIIIO 15 1 SO 636 4 67 23 AmtekW*****0 70.5 unch 64 1 33 146 30 AmstrongWXOUO 1.5 1 10 109 367 17 Bar 6SSA*****1 1« Bar6S*J*****01 10k Baustedd W*****2
    487 words
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      Lock icon Page 6 Advertisements Column 1
      203 6 Hi Thailand), FIT and Corporate Business i f (Malaysian) and Time Share (Klang m l V. Valley residents) in the '3 star' range, with a Pub (Chelsea), a Restaurant covered parking, and 96 rooms and suites, located in Penang, Malaysia. j iWm A stand-alone boutique hotel, it is managed by
      203 words
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      Lock icon Page 8 Advertisements Column 1
      37 8 NiTFotl m Lianhe Zaobao M I Singapore's I I Crescendas Group I I pours I I US$3O million I I Developing a I I high-tech park I I in Nanjing I I &i£3ooo7Jll7C I I I I
      37 words
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  • Article
    Lock icon STOCKS ASIA
    3755 9 Transaction date: Dec 13 for more, go to um/wxisjcumenmarketsjoom HONGKONG .10.45 0.05 1510 5® T— Hong Kong .........'jbjq 5 9795 SS»s=52 SS 3S i: 1 g S S5 £2 Anhui Expressway H 169 0 02 2036 f"?T J0 005 *550 AftonteXcopZ oS undh 1534 A 008 »8 Asia
    3,755 words
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  • in the money
    • Article, Illustration
      Lock icon Bankrupts will find it harder to buy HDB flats
      527 10  -  Those about to go broke, loan defaulters and people laid off are also in the same boat Reports by Siow Li Sen BANKRUPTS, those about to go broke and loan defaulters or those who have been retrenched will find it hard
      ARTHUR LEE  -  527 words
    • Article, Illustration
      Lock icon Know the terms before signing on the dotted line
      840 10  -  Don't be seduced by offers of gifts or lucky draws offered by financial institutions (FI) when shopping for your HDB bank home loan. It is more important to ask hard questions, and for those going to the HDB home loan fair,
      840 words
    • Article
      Lock icon Banks' proof of income rule eased for HDB loans
      392 10 They'll take anything that shows cashflow position of borrower BANKERS said they will be flexible in recognising proof of income from HDB borrowers the majority of whom don't pay tax and of which many are self-employed. In Singapore, where more than
      392 words
    • Article
      Lock icon Financial planning over a lifetime
      1370 11 MONEY TALK A good plan should cater to the needs, focus and stress of the different life stages, in addition to the ultimate goal financial imkjwndence Financial planning is a life-long commitment and the earlier you start, the more assured you are of achieving your
      1,370 words
    • Article, Illustration
      Lock icon Peter Lynch's secret: hard work, research
      1797 12  -  SHOW ME THE MONEY The legendary Magellan Fund manager's investment principles made common sense, and lots of money teh hooi ling THE Duke of Wellington, who never lost a battle, had never held councils of war. Napoleon liked to say that one general was
      BLOOMBERG FILE PHOTO  -  1,797 words
    • Article
      Lock icon Number of opinion changes inches up to 30
      478 12  -  By Patrick Peck The author is the vice-president for the Paris-based JCF Group THE changes in opinion recommendations inched up by 2 to 30, comprising 17 upgrades and 13 downgrades. Mainboard-listed First Engineering, which provides products and services for the electronics, car
      478 words
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  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2988 11 UNIT TRUSTS FUNDS Yesterday's prices were net available due to a technical problem. Prices below are as at Dec 12. Canananbaali Aaat Mat Com Global Finance Index Fd 0.739/ im jhran u-. n'nMgj Com Global Lifestyle Index Fd 0.84V Star 0 606/ Com Global Health Index Fd 0.78* Star Bd
    2,988 words
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      115 11 Brought to you by: Odbsbank Journey To A Beautiful Life Will you be the lucky one to win a Dream Holidny in Maldives' I Bi this form to any DBS branch and meet our DBS Finnnci.il Advisor for a jSjaj no-obligation Financial Planning appointment by Doc ?00?,nnd you stand to
      115 words
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  • motoring
    • Article, Illustration
      Lock icon Not just an offroader
      1601 13  -  Volkswagen's new luxury SUV, Touareg, is equally adept on the road or off it, says SAMUEL EE, who tested it in the Pyrenees SAMUEL EE TWO creeks as aperitif, six mountains as main course and one sports car for dessert. This tagline for a Volkswagen Touareg
      PHOTO BY ROGER WANG  -  1,601 words
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      Lock icon Touareg is VW's second luxury model
      372 13  -  By\ Samuel Ee THE Volkswagen Touareg is the Wolfsburg-based carmaker's second foray into the luxury car segment. Earlier this year, the Phaeton limousine, with its huge Wl2 engine and sybaritic interior, was launched and is now commonly seen on television as German Chancellor Gerhard
      372 words
    • BRAVE NEW WHIRL
      • Article
        Lock icon Affordable sports cars finally?
        144 13 Reuters [DETROIT] General Motors, out to prove it can build an affordable sports car, will announce early next year that it will produce the Pontiac Solstice, a two-seater that has won design awards as a concept vehicle earlier this year, company officials said. GM is also
        Reuters  -  144 words
      • Article, Illustration
        Lock icon The in thing: fuel-cell vehicles
        139 13 Bloomberg [OPPAMA, Japan] Nissan Motor, Japan's third-largest car maker, said it has received clearance from Japan's Ministry of Land, Infrastructure and Transportation to sell hydrogen-powered fuel-cell vehicles in Japan. Nissan is the third car maker to release low-pollution fuel cell vehicles commercially, after bigger rivals
        Bloomberg  -  139 words
      • Article, Illustration
        Lock icon Playing with reality
        159 13 Reuters [TOKYO] To get motor racing fans to buy their companies' sports cars, Japanese car makers appear to have turned to a Play Station game console. That marketing ploy may seem far-fetched, but it seems to be working judging from the popularity of the Gran Turismo car-racing
        Reuters  -  159 words
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  • Article
    Lock icon SGX MAINBOARD
    2281 14 Transaction date: Dec 13 for live prices, log on to wwuijasicumemarketsjcom Mtafc*LM» £5 J* <-«. Ohr CrTM MM MCa Mt w- r—> m+ u» o—r c-w m U ABNA/nroNIG 56c 9 u j 07 APB Breweries 496cd +2 2 mr hi m: j<m Ma c 475 21 ASAGrpHMg20c
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  • Article
    Lock icon SGX XTRANET
    51 14 MuL 2 Jj fcOfcr Dm firTW Mai mCm W- PM| I— u» CVr HI >3 10MO U Pfwcrafc— USIISod 6iao SMO WOO ISDJUSTacfc US3740cd SIS 555 tSMSO Sport USSSSodat UNO COO rs&wsoo US«270aicd- n.. I ***** DtO SPOHS l*8280cd Ill"" STIW*- MOO iMKt> 0 1400 1400 IMS 1400
    51 words
  • Article
    Lock icon SGX SESDAQ
    561 14 S ffil y or* m« mem T ssaea =?—it—C55 u» >■»» m« c» m >a 215 9 AWMWgsSt 11 2 S2£- 2 «j g Si SZZsz===r 25, w "5 'J j a 75 W 75 2 2i 1»" U ZZZi'* Jli Jli 32 77 u w j»£Sr s
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  • Article
    Lock icon CLOB INTERNATIONAL
    166 14 "STL. jsl sye* «c- 1 "r m i rm t— m» or m 13 S iiiJL? 1 ,1S 15 1 -5 93 40 3A 10.9 SJ 1U £T2n 265 2.1 74 6 *****2 SS KS, ZJ™ 3«*5 SSJ£T-=£L stiics ss, si *****045 11.7 6.***** 74J 2S2 4000 27
    166 words
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  • style/food
    • Article, Illustration
      Lock icon Wizards of Oz
      1318 15  -  Feel the magic of Australian designers as stores fight over themselves to stock the hottest labels. CAT ONG reports CAT ONG ATHREE-cornered fight is heating up among big retail names Tangs and Club 21, and a new boutique, Trixilini. What are they fighting over? Made-in-Australia fashion wear.
      1,318 words
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      1115 15 wine&dine with weekendßT #81-49/50, Theßi*noaK I Savourfresh Tasmanian oysters at $1 every Wednesday during Oyster Nite Happy Hour; 5-Bpm (40 per cent upon payment with your Diners Club Card Discount not I Nooh Iwtoiiislluiial Nnnrtla p Established in 1971, the restaurant was aiso a finalist discount). Lunch (Mon-Sat). Dinner (Mon-Sun).
      1,115 words
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  • shopping
    • IN STORE
      • Article, Illustration
        Lock icon Deck the tables too
        111 16 A CHRISTMAS feast at the table seems all the more delicious when your tableware comes with traditional yuletide motifs. That's the thrust of Portmeirion's latest range for the season: The Holly and The Ivy collection. Named after a 17th century carol, it's a contemporary arrangement of
        111 words
      • Article
        Lock icon Three cheers
        98 16 SPECIALLY crafted for the festive season and set immaculately in elegant 18-carat white gold, Goldheart Jewelry's new Trilogy collection reflects the brilliance and cheer of the occasion. The collection comprises a ring, a pendant and a pair of earrings. The three diamonds in each Trilogy piece form a
        98 words
      • Article
        Lock icon Walking on air
        78 16 BALLY'S Autumn/Winter Resort Collection looks to the holiday season with lots of comfortable shoes you can wear when gift-hunting. The Cheetah range, for instance, was inspired by an Alpine walking shoe from the Bally Archive and combines a smooth calfskin moccasin with the lightweight construction of a
        78 words
    • Article, Illustration
      Lock icon Everything your tree needs
      67 16 IT'S two weeks to Christmas and the Christmas tree is not up yet? For a quick solution, go down to the atrium bazaar by Astoria at Tanglin Mall, where a wide and astute choice of trims and gifts are on sale. Check out items like the
      67 words
    • Article
      Lock icon Events:
      387 16 Millefiia Walk: ♦Win: A Technomarine timepiece worth $3,800. To qualify, just spend a minimum of $50 on the same day (single or combined receipts). ♦Kidz Funtasy: Bring along your kids, who will be thrilled with computer games, face painting and a host of captivating activities free. ♦Or let them
      387 words
    • Article, Illustration
      Lock icon Tough customers
      732 16  -  Gift-giving is never as easy as it seems. One person's perfect gift is another person's sweater from hell, so what do you do? If you've already got most of your gifts lined up but still have a few 'difficult' categories to work on, CHEAH UI-HOON lends a hand.
      732 words
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  • art
    • Article, Illustration
      Lock icon Coming together
      903 17  -  These few weeks are busy with exhibitions banding together painters, potters and other artists. CHEAH UI-HOON takes a peek at a selection CHEAH UI-HOON GROUP shows are the exhibitions du jour when it comes to the year end. Like the choice selection of petit fours served after a
      903 words
    • Article, Illustration
      Lock icon Drawing on differences
      666 17  -  By\ Parvathi Nayar DIFFERENT Strokes, a show by a group of six artists called Finelines, is essentially an exploration of the art of drawing. There's little one can hide behind, in a drawing, for it is concept and technique reduced to its essence. Black-and-white drawings are the
      666 words
    • Article
      Lock icon Artbeat
      247 17 a weekly roundup of events Young artists THIRTY-six children experienced what professional art making is about, and how it can be used for a good cause. Red by Kids for Kids, under the guidance of abstract artist Louis Wah, produced over 120 pieces of artwork in six hours. The
      247 words
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    Lock icon FINANCE
    932 17 Transaction date: Dec 13 AMbw Martes >» f. 9»t 1 -3 m, Lonj > 3fs DfTERBAlTE CROSS RATES q m ■■> nh» NM a— ut m »m p*mi m 0.880 4.700 0355 4.417 ***** ***** 0.694 UM MH U09 ***** ***** 0.996 4.978 0320 19.743 ***** 0358 0366 0»
    932 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      280 17 OkirilC CROSSWORD ACROSS Always carried clothing, ■•I however, fatigued (6) 4 on. 7AW0lpM»«0««,P W u 9 7SXST.I'Id 8 minor planet (8) 1 9e* erc, S8 (10) 11 Circuitous way to purchase Allowed a tour to proceed visa, it's said (6) wrthout restnct,on < 3 2 3) 12 A turtle Penny
      280 words
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  • what's in style
    • Article, Illustration
      Lock icon Gifted touch
      1365 18  -  Christmas for some is about a unique style of celebration, be it creating your own tradition or spreading happiness all round. GEOFFREY EU gets an idea of what it means GEOFFREY EU THERE may be no escaping the uncouth commercialisation of Christmas, but if we can bring ourselves
      FILE PHOTO; PHOTOS BY ARTHUR LEE, CHRIS LOH  -  1,365 words
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