The Business Times, 20 July 2004

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Total Pages: 24
1 24 The Business Times
  • 14 1 THE BUSINESS TIMES MITA (P)Q2am/2p04 850 SINGAPORE Internet: http://business-times.asial .com.sg TUESDAY, JULY 20, 2004
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  • 390 1  -  Licences will only be issued to locally incorporated firms, or local branches of foreign ones By Genevieve Cua [SINGAPORE] The Monetary Authority of Singapore will begin to regulate trust companies, and all those in the business of administering or creating trusts will have
    390 words
  • 603 1  -  It cites 'differing views' over several issues, including a HK$242m provision By Joyce Koh [SINGAPORE] Loss-making Global Tech (Holdings) yesterday revealed there are no more independent directors on its board. The Hong Kong-based company, which distributes mobile phones in China, yesterday said it
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  • 672 1  -  BT exclusive It aims for US$50b of assets under management over next 3 to 5 years By Genevieve Cua [SINGAPORE] Spurred in part by renewed investor interest in Asian markets, a major player in the fund management industry is planning to bolster the
    ARTHUR LEE  -  672 words
  • 75 1 sn 1,881.77 (+10.30) ST INDEX FUTURES 1,880.00 (unch) SIMSCI 228.73 (+1.35) SIMSCI FUTURES 228.40 (+0.30) Monday Change succor 843.15 +«5« NIKKEI 225 Closed HA.Mi SK.NG 12,166.95 +107.75 SET MO 642.12 -3.99 JAKARTA COMP —754.27 4Jt MANILA <X)MP 1,544.26 -«J97 TAIPKI WPI 5,489.10 13.04 SEOULOOMP 750.40 +11.01 SHENZHEN B 254.43
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  • 72 1 FOREX RATES US$ S$ IS$ (SS perl'SS) 1.702 3L(1!SS/SS jmt 1.872 3.186 EI!RO(l!S$/SS/E). 1.245 2.118 YEN 108.3 63.70 RM 3.800 2.233 HKS 7.800 4.584 BAHT 40.79 23.98 RUPIAH 8.920 5.242 RENMINBI 8.277 4.864 INDIAN RUPEE 45.99 27.03 AS 1.362 0.801 NZS l.514.„ 0.890 PRIME RATES SINGAPORE 5i5 MALAYSIA 6.1(0
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  • Page 1 Advertisements
    • 132 1 ocial ity is a fad Oev chief LengJoo T 1 4 Ijjuu m JJmJU ixmBKVl Judge: 'Could I know your age?' Mrßm: 'I am 60, Your Honour.' Judge: 'I ask this because you do not look 60 tome.' Mr Ban: Thank you, Your Honour.' LIBEL SUIT, PS 3 Hill 8
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    • 519 2  -  It will assess if there're obstacles to growth of Islamic financial products By Taila Krishnakumar [SINGAPORE] The Monetary Authority of Singapore is consulting foreign and local financial institutions for feedback as part of its efforts to assess whether there are regulatory impediments to developing
      519 words
    • 566 2  -  But almost as many also positive about economic outlook By Anna Teo [SINGAPORE] Consumer sentiment in Singapore seems to be a bit of a conundrum, going by the results of a recent survey. Or it's simply that optimism about the
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    • 484 2 Official cites inflation, interest rate rise as risks Bloomberg [SINGAPORE] The Government of Singapore Investment Corp expects a "more difficult" investment environment ahead as inflation and interest rates rise. The state-run investment company, which manages more than US$lOO billion, said "double-digit" global returns in
      Bloomberg; FILE PHOTO  -  484 words
  • Page 2 Advertisements
    • 520 2 Financial Reporting Standard 39 Financial Instruments: Recognition and Measurement Date On 8 April 2004, the Council of Corporate Disclosure and Governance Session A: Financial Services (CCDG) considered and adopted the improved International Accounting Fridav 20 \ugust 2004 Standards (lAS) 32 and 39 issued by the lAS Board in December 2003
      520 words
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    • 29 2 classes? Reach out to more readers by advertising in The Straits -B Times Classified. Call our at 1800-289-9988 and our friendly I sales personnel will serve you. Buy It
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  • FOCUS libel suit
    • 1057 3  -  But 98 Holdings' corporate legal adviser said it could be construed that NatSteel already had ability to seek one-off elective scrip dividend pay-out By Angela Tan, Kenneth Lim A WHITEWASH amendment proposed by 98 Holdings last year was "hogwash" meant to
      1,057 words
    • 670 3 On horses of the Trojan and runaway variety Mr Khoo on Mr Ban's lengthy elaborations: "Your Honour, this witness is like a runaway horse and he is eating into my time." Mr Khoo on the whitewash resolution: "If Sanion and Bobby Chow had been coerced into voting
      670 words
  • Page 3 Advertisements
    • 45 3 pk' "Si At 7pm, this street closes for outdoor dining. I No road signs. No water for 300 miles. No landmarks. No worries. yfes,..** I* 5 K--No one knows Asia Pacific like we do. Here's your chance to get to know Asia Pacific better too.
      45 words

  • SINGAPORE companies
    • 572 4  -  It's boosting R&D and capacity and aims for more of huge PDE market By Raju Chellam CREATIVE Technology is set to spend several million dollars upping its marketing ante in Singapore, China and parts of Europe. The aim is to
      LIANHE ZAOBAO  -  572 words
    • 567 4  -  HOCK lock siew vince chong SO it came as a shock when Singa-pore-based Lulee Metal Pte Ltd, one of the largest regional metal traders, went into liquidation after incurring debts close to $80 million. But on the contrary, the metal industry is not faring
      567 words
    • 621 4 Stanchart and Temasek also likely to bid, say analysts Reuters UNITED Overseas Bank (UOB) may join a host of investors willing to pay Indonesia at least US$247 million for the last bank up for sale in a privatisation programme, an affiliate of
      Reuters  -  621 words
    • 177 4 Bloomberg CAPITAMALL Trust, Singapore's biggest property trust that's buying a downtown shopping mall, said in a stock exchange statement it has suspended the trading of its shares ahead of an announcement. The real estate investment trust is buying Plaza Singapura mall, whose tenants include Carrefour and
      Bloomberg  -  177 words
    • 266 5 Bloomberg DBS Group Holdings is among four banks inviting other lenders to join a US$lOO million loan for China National Metals Minerals Import Export Corp, the country's largest steel importer, said banks close to the deal. The steel company, known as China Minmetals,
      Bloomberg  -  266 words
    • 516 5  -  Service revenue up 6% despite high penetration rate in mobile market By Tang Weng Fai MOBILEONE yesterday announced a 26 per cent rise in first-half net profit to $86.7 million, or 8.2 cents a share, and declared an interim dividend of 4.9
      516 words
    • 521 5  -  Initial operating losses from its retail chain stores weigh down earnings By Jessica Cheam WHAT Qian Hu Corporation calls its "Big Hairy Audacious Goal" has cost the company's second-quarter profit to tumble by half from a year ago. The mainboard-listed ornamental fish breeder, which
      521 words
    • 249 5  -  By Chen Huifen LOSS-MAKING investment firm Rowsley said yesterday that it is making a private placement of 94 million new shares at 10.5 cents each to raise $9.8 million. Net proceeds will be used for business expansion including acquisitions and investments, for capital expenditure and
      249 words
    • COMPANY Briefs
      • 61 5 JEL Corporation, a distributor of photographic and fast-moving consumer goods in emerging markets, said it has been appointed the exclusive distributor by iRiver Hong Kong for the full range of iRiver's electronics and computer related products in eight countries. JEL will distribute iRiver's digital products
        61 words
      • 39 5 SEGHERS Keppel Technology Asia, a wholly owned subsidiary of Seghers Keppel Technology Group, has entered into a strategic alliance with China Everbright International to provide waste-to-energy incineration and wastewater treatment services in China and overseas.
        39 words
      • 65 5 EDUCATION group Raffles LaSalle announced that its vice-president of China operations, Scott Chew Kok Chor, will be chief operating officer from Aug 1. He will remain at the helm of all the group's colleges in China. In addition, Alvin Lee Peng Sang, previously the group's director
        65 words
      • 53 5 INTERRA Resources said that it has submitted a tender to purchase the entire issued share capital of a company whose subsidiaries own the rights to develop two oil fields in Indonesia. The bid, which was tendered yesterday, is subject to the parties entering into
        53 words
  • 4429 4 UNIT TRUSTS FUNDS Commenbank Asset Mat Com Global Finance Index F3 0.947/ Com Global Lifestyle Index Fd -1.004/ AM Amro Asset Mgt (S pore) Com Global Health Index Fd 0.868/ Star Eirope Eqty! 0.72# Com Global Telecom Index Fd 0.476/ Star Eirope Bond 1.274/ Coni Global mfctec Index Fd!" 0.333/
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  • Page 4 Advertisements

  • Page 5 Advertisements
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  • SINGAPORE markets
    • Article, Illustration
      579 6  -  Compiled by VEN SREENIVASAN CapftaCommercial Trust July 19 dosing: $1.08 DISTRIBUTABLE income exceeded forecast by 8.1 per cent. As CCT was listed on May 15, the current result is only for earnings from May 15 to June 30. CCT reported a net investment income of $6.9 million, in
      Source: Bloomberg  -  579 words
    • 290 6  -  HOT STOCK WARRANT By Ven Sreenivasan THE market is entering a phase in which selective accumulation seems to be the name of the game, as investors start to trawl for growth stories. One sector that has been attracting attention lately is offshore
      Source: Bloomberg  -  290 words
    • 509 6  -  BT comment STOCKS ven sreenivasan IF there was one noticeable thing about yesterday's trading, it was an appetite for blue chips. And this accumulation of heavyweights like United Overseas Bank, Neptune Orient Lines, Keppel Corp, Jardine Strategic, ComfortDelgro and Jardine Matheson sent
      Source: Bloomberg  -  509 words
    • 641 6  -  BT comment CURRENCIES Downside target of S$1.6850 now in sight larry wee THE greenback fell to painful lows not seen in up to five months yesterday, after Friday's weak June CPI number eased the fear of sharply higher US interest rates in the
      Source: Reuters  -  641 words
    • TRADES TO WATCH
      • 107 6 DIGILAND International's newly appointed director Tan Kim Yong continued to raise his stake in the IT products distributor when he bought 185,000 shares on the open market at 5 cents a piece last Thursday. This was after buying some 2.9 million shares on the
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      • 59 6 KEITH Tay Ah Kee, an independent director of Singapore Post Limited, exercised his share options yesterday to purchase some 48,350 shares at 60 cents a piece. This raised his number of shares in the company from 80,000 to 128,350. His stake was not disclosed. Shares in
        59 words
      • 87 6 ACE Dynamics Ltd announced the entry of a new substantial shareholder, Omnistar Corporation Pte Ltd, following a deal on June 16. Omnistar bought 20.24 million shares in the diversified group last Thursday at 22 cents apiece, taking its direct stake to 14.46 per cent. Ace Dynamics
        87 words
      • 70 6 CYTECH Software yesterday said an individual named Huang Quan, through Hebe Finance Ltd, bought a massive 128.5 million of its shares in a married deal. The shares, priced at 7 cents each, was bought on Jan 30 last year. This boosted his deemed stake in
        70 words
      • 108 6  -  Compiled by TAILA KRISHNAKUMAR,JOYCE KOH CYNTHIA Tan Kwee Hiang, deputy managing director of Links Island Holdings and the wife of former Links Island chairman Winstedt Chong Thim Pheng, bought some 209,000 shares in HG Metal Manufacturing last Friday at an undisclosed price. The
        108 words
    • Article, Illustration
      417 6 OTHER SINGAPORE INDICES Jul 19 VALUE CLOSE BT OB/OS -381.00 -231.00 BTCAM -*****.00 _JL4?X)0 BT 10-day MA -*****.00 -39.00 All-SG Equities 496.27 +1.10 SG Equities Elect -2.02 SG Equities Fin 1569.73 +12.71 SG Equities Prop 431.45 -1.01 S1MSCI 228.73 +1.35 SiMSCI Futures 228.40 +0.30 Stocks Volume Wee Poh 0.5c 41,811.000
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  • SMALL Caps
    • 745 7  -  Its CEO tells JESSICA CHEAM why the plastics manufacturing company is so convinced of China's potential JESSICA CHEAM LOCAL plastics manufacturing company TTL Holdings Ltd has so far pumped $7.7 million into China with the investment set to increase by another $2 million. Despite
      CHRIS LOH  -  745 words
    • 454 7  -  By Kenneth Lim SMALL market capitalisation stocks in general continued to languish vis-a-vis larger counters over the past week, and our portfolio of small caps failed to achieve market benchmarks. Broad concerns about the technology sector some analysts have downgraded their ratings
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  • Page 7 Advertisements
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  • FOCUS property
    • 499 8  -  Such values earned company a place on London-based FTSE4Good Index By Andrea Tan IT'S not just about making money, it's about making it ethically, says City Developments managing director Kwek Leng Joo. Such values have earned CityDev a place on the Lon-don-based
      FILE PHOTO  -  499 words
    • 335 8  -  Price works oat to $454 psf of potential gross floor area By Andrea Tan HOTEL Royal's Lee family and owners at 21 Kim Yam Road are banding together to put their homes up for collective sale as Singapore's
      335 words
  • Page 8 Advertisements
    • 611 8 Tswa ~Z7 I Prime Residential ,H Site For Sale At s Bhamo Road and Biltstter ptu, Mandalayßoad -Z Pri s«c seh /4&T NeQ r Novena MRT/Easy M access to PIE and CTE M Approx. 14,684 sq ft 111 X, piot ratio 2.8 ißn*/VxYz Up to 36 storeys /7 Freehold Sale
      611 words
    • 194 8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF S. L CIVIC INVESTMENTS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308( H of the Companies Act, Cap. 50, that a Final Meeting of the Members of the abovenamed Company
      194 words
    • 143 8 Be part of the exclusive Science Park community 4 I The Alpha Singapore Science Park II |U| j Home to more than 250 MNCs, local companies ■HP# and institutions, the Singapore Science Park is Asia's most prestigious address for R&D and technology. fcP*i J 4 f Unique for its lushly
      143 words

  • SINGAPORE news
    • 518 9  -  And it's planning to open another one by year-end or in 2005 By Samuel Ee BP is planning a second hydrogen refuelling station here after officially launching its first one yesterday. The hydrogen facility at Upper East Coast Road is the first in the world
      518 words
    • 285 9 THE Singapore Business Federation (SBF) signed a protocol of cooperation with the Kuwait Chamber of Commerce and Industry (KCCI) yesterday. The agreement comes as SBF prepares to lead a trade mission to the Middle East at the end of the year. In 2003,
      285 words
    • 309 9  -  Networking for chip and precision engineering sector By Conrad Tan REGIONAL suppliers of equipment and services for the electronics and precision engineering industry got the chance yesterday to mingle with interested buyers from around the world, while discussing the challenges that
      309 words
  • Page 9 Advertisements
    • 620 9 Call toll-free 1800 289 8822 IN THK MATTKR OF THK COMPANIES ACT CAP 30 AND IN THE MATTER OF ANGIE THE CHOICE HOI.DINC. INTERN ATIONAI. PTE I.TD (In Members' Voluntary Liquidation) NOTICE OF FIN Al. MEETING NOTICE IS HF;REBY GIVEN pursuant to Section 308 of the Companies Act Cap 50
      620 words
    • 225 9 Good Times Fly Save up to Wh on ANA Economy Class when you fly ANA Asia MM STOPOVER Enjoy a tale of two cities with ANA's Asia Triangle Route-'Yorimichi'. f A What's more, Star Alliance members will benefit from mileage accrual". ANA Simply fly ANA from Singapore to Tokyo/Osaka-, and
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  • EDITORIAL & opinion
    • 751 10  - A Grey wash and business as usual THE bottom line OPINION neil behrmann THE caption of a London Daily Mail cartoon reads: "Guess what, everyone? Nobody's to blame." It depicts a solitary Iraqi standing in the midst of hundreds of graves with the Butler Report in his hands. The cartoon
      751 words
    • 80 10 'If we found work here, we wouldn't be leaving: -Sabah Abdal Hussein an employed young Iraqi, speaking for many like him who are hoping to go to Malaysia to work as loggers or drivers. 'We failed to make peace and to make war. We failed at both.'
      80 words
    • 568 10 EDITORIAL INDONESIA has finally taken some welcome action to stem the slash-and-burn tactics employed by plantation companies that resulted in uncontrolled forest fires raging across large tracts of Sumatra and Kalimantan earlier this year. The government announced this week that it would begin legal action against three
      568 words
    • 994 10  -  A new study by McKinsey rebuts commonly held notions about boosting productivity By Virginia Postrel NYT AN educated workforce is not essential for economic growth. Neither is a high saving rate. Manufacturing is not the most influential economic sector. These contrarian conclusions come from a
      NYT; AFP  -  994 words
    • 457 10  -  COMMENTARY Beijing has cold feet about letting the yuan float By David DeRosa Bloomberg CHINA'S torrid growth is a bold testament to the potential energy of free-market economies. Now it needs to slow that growth without plunging the economy into a recession, or worse, a depression. The
      Bloomberg  -  457 words
  • Page 10 Miscellaneous
    • 188 10 CRYPTIC CROSSWORD wind (9) 28 Pine, perhaps, following Ox- 8 Show English wine in French YESTERDAY'S SOLUTION ford for one of these? (8) church (6) Across: 1 Man of straw, 6 29 Scientist who reversed nega- 9 Says Roger understands Chap, 9 Vital, 10 Siren suit, 12 tive spin (6)
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  • REGIONAL news
    • 623 11 KUALA LUMPUR External factors, slower construction sector limit 2004 earnings growth MALAYSIAN companies are likely to report lower earnings growth this year, the Malaysian Business Times reported, citing research houses' projections. Several research houses have revised downwards their earnings growth projections, reflecting sectoral sluggishness
      623 words
    • 241 11 NAKORN SRITHAMMARAT,Thailand The US$7.3b project to have refinery, pipeline across S Thailand THAILAND which aims to compete with rival Singapore is in talks with China, Japan and South Korea to invest in its US$7.3 billion energy plan to become a
      241 words
    • 159 11 BANGKOK Bloomberg PROPOSED overseas direct investment in Thailand slowed as much as 20 per cent in the first six months, government figures show. Companies from Japan, Europe, and other countries applied to invest US$2.B5 billion more than they planned to withdraw, compared with U553.56 billion
      Bloomberg  -  159 words
    • NOTE Book
      • 97 11 Reuters [HONG KONG] EMI Group pic plans to buy a stake in film maker and distributor Golden Harvest Entertainment (Holdings) Ltd which operates cinemas regionwide including in Singapore to become its substantial shareholder. Golden Harvest said yesterday it wants to raise HK$3B million
        Reuters  -  97 words
      • 59 11 Bloomberg [BEIJING] Overseas banks operating in China, including HSBC Holdings and Citigroup, made profit 0f267 million yuan (Ssss million) in the first half, as they increased local lending by almost a fifth. The overseas banks increased lending by 18 per cent to 48.8
        Bloomberg  -  59 words
      • 53 11 Reuters [JAKARTA] Indonesia yesterday invited applications from financial and legal advisers to help plan the privatisation of struggling domestic airline PT Merpati Nusantara Airlines. Earlier this year, the government said it planned to sell a 51 per cent stake in Merpati to an investor
        Reuters  -  53 words
      • 42 11 AP [JAKARTA] Unidentified gunmen burst into a Christian church in central Indonesia and opened fire, killing the female minister and wounding four worshippers, police said yesterday. The killing on Sunday took place in Palu, Sulawesi province. AP
        AP  -  42 words
      • 68 11 Reuters [HONG KONG] PC shipments in the Asia Pacific region, excluding Japan, rose 19.6 per cent in the second quarter 0f2004 from a year earlier to 7.8 million units, according to data from International Data Corp yesterday. China-based Lenovo Group led the region for
        Reuters  -  68 words
    • 393 12 SHANGHAI Govt commission says this is due to recent measures to cool the economy AFP CHINA said yesterday its real estate sector is expected to fall into a three-year slump while its embattled power sector booms as heavy demand for electricity continues.
      AFP  -  393 words
    • 396 12 HONG KONG Hugh potential market for low-end electronic goods Reuters MAKERS of cellphones, TVs and computers are rolling out low-priced wares for China's rural poor, squeezing profit margins in an attempt to tap a huge potential market for electronic goods. Most
      Reuters  -  396 words
    • 271 12 NEW DELHI Reuters INDIAN Finance Minister Palaniappan Chidambaram said yesterday that he would revisit a proposed transaction tax on purchase of securities that has rattled capital markets. "Yes, we will revisit the numbers, and we are revisiting the numbers," Mr Chidambaram told
      Reuters  -  271 words
    • 143 12 TAIPEI AP TAIWAN will soon begin phasing out a rule that doesn't allow locally-traded stocks to rise or fall more than 7 per cent a day, the island's financial regulator said yesterday. Critics of the 7 per cent daily limit have complained
      AP  -  143 words
  • Page 11 Advertisements
    • 129 11 v Good Business Environment: y^tl;_ 18 km from Singapore (45 mins ferry ride more than -fljj 50 ferry trips per day). 5 mins drive from Telok Senimba Jetty (Waterfront City) to Latrade Industrial Park. Land lease 30 years 80 years. Facilities Services: HI" f r re '9 n investment applications
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  • Article, Illustration
    1093 12 Transaction date: Jul 19 DTEEBAWE CROSS RATES A$ c$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr MTS Baht Pound US$ Australia 0.961 6.076 0.590 5.725 33.759 65.477 0.795 8.496 2.789 1.111 42.802 41.059 1.249 4.361 0.900 24.866 29.946 0.392 0.734
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  • WORLD news
    • 364 13 LONDON It is focussing on attracting int'l companies to list on its market NASDAQ, the US electronic stock market, is targeting a 50 per cent increase in the number of its non-US listed companies in an attempt to build a stronger global
      364 words
    • 279 13 VIENNA Bloomberg CONCERN of supply disruptions that sent oil prices to a record this year will ease next year as growth in demand slows and producers invest in rigs and pipelines to expand capacity, says an Opec report. The Organisation of
      Bloomberg  -  279 words
    • 286 13 MADRID Reuters REAL Madrid president Florentino Perez says the Primera Liga club will make 138 million euros (***** million) from marketing this year and will outstrip Manchester United as the most valuable brand label in world sport. "Some years ago, Manchester United
      Reuters  -  286 words
    • 559 15  -  They collect fees for helping clients pursue US govt contracts: paper From Christopher Reed in Los Angeles AS President George W Bush's Iraq war rationale unravels under continuing scrutiny, so do the actions of influential neo-conserva-tives in Washington who are now profiting from the
      559 words
    • 366 15 FRANKFURT Bloomberg, Reuters DRUG and chemicals maker Bayer AG yesterday agreed to buy Roche Holding AG's non-prescription drug unit for 2.38 billion euros (555.02 billion). The deal makes it one of the top three sellers of over-the-counter medicines along with Johnson
      Bloomberg,; Reuters  -  366 words
  • 1624 13 B1C0M FUTURES Mli RUBBER Futures (Closing prices) RSS1 (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Aug 04 221.50 Sep 04 218.25 Oct 04 216.50 Nov 04 215.25 Dec 04 215.25 Jan/Mar 05 216.50 RSS 3 (US cents/kg) Volume Open Month High Low Sett (tonnes) Interest
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  • Page 13 Advertisements
    • 163 13 B ißiu satf mhhhß I t\ J m' Ml fc 111 |W|l r SKSUKfH UP I rv 1 *pIVHMV II SIMT Ailr' i ig a Gearing Technology For Growth Date: 18 19 August 2004 Time: 09:00 18:00 Venue: Raffles City Convention Centre CNETAsia Gartner Summit 2004 presents the finest opportunity
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  • 4989 14 Transaction date: Jul 19 HONG KONG Vol HK Exchanges Clearing 16 85 0.25 4515 I HKS '000 HKRInt'l 2 40 unch 1518 I Hong Kong Electric 33.00 0.10 1246 Aeon Credit 4.85 unch 0 Hongkong Chinese 0.92 unch 312 Aeon Stores 5.75 unch 26 Hopewell Holdings 15 65
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  • 2258 14 Transaction date: Jul 19 KUALA LUMPUR ££WIZZZ£S $S 5! roo°) Vol m J1 oS? 2, I Ktri«K 168 unch 12 Golden Hope Plant 3.42 0.06 311 o2 5o? Golden PhaYos .0.49 -0.01 142 MolH^ 9 008 3'01 60 Golden Plus 0.90 0.08 2399 2 30 5 02 29 Golsta
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  • 860 14 Transaction date: Jul 19 Start wane m Owe Qmb9»| Hmkmam m Omt Off Allgreen 50c 0.30 1.000 NOt 1*4 2 430 *4080 Bit Irrtl US20c 0.37 0.745 -0.005 OCBC 9.61 12 700 CapitaLand 1.04 1.460 -0.010 Parkway H 25c 0.55 1.110 Chart SemiCond 26c 0.96 1.190 -0.050 People's Food
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  • 792 14 BONDS WARRANTS Prcm E«P<ry rd Last Vol Con* Exer Disc, Goof- Mthj Code Company Sate ♦Of- COOP) Ratio Price lug Left ABN *****13$ ADBnl 845H*****5S 3779 ASL Marine Hldgs W*****1 14 1 H 3697 Acma Ltd W*****6 -OS 1 50 742 12.00 4 3602 Amtek W0S0610 *> 1 33 "J
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  • 70 15 S-Uk Td last Vol Day UMQwM GfOiv Mv GrVW Nat MCas Law Mi Ltmymi Ml *4- fM0| U» —yr S*r Cw HE siJ 2060 2000 6065 Diamonds -J..-. US2060WJ 2120 6095 IS DJ US Tech ..US3740 6097 tSMSQ Sport US555 -6101 ISSAPS00 US8270 ********** CI 70 STOHS US*****
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  • 1948 15 a* Tel Last Vol Day Lact Quote GrDtv Hv Gr*W MM MCap I—I I— C—» ciwpwy Ml r»W> HM» t— >■»» Sdht Cw WE tiJ 26 12.5 5000 AMHMgiSc 15.5 <0.5 10 15.5 15.5 15 16 29! 42 21J 2101 APOiISc 30 *0.5 112 30 29 29 30
    1,948 words
  • 346 15 sm W Left Vol Day LwtQvott Grtt* Hv orrtd Net MCap IM taw a* C mggjl M« W- gg U» gjg Mhr Cw Wi >■» 221 143 6000 AV Jennings A25c A16S -4 26 172 167 167 168 44 10.6 6.5 5.3 361.6 6001 Cathay Pac 20c HK720
    346 words

  • BEYONDSINGAPORE
    • 1017 16  -  Local logistics players expanding overseas should play up their experience of serving MNCs, IE Singapore tells UMA SHANKARI UMA SHANKARI EXPAND abroad, and use the Singapore brand as a selling point, IE Singapore tells logistics providers here. According to IE Singapore, Singapore's reputation as a
      1,017 words
    • 1013 16  -  Trend will mean multinational companies will outsource their logistics operations as well By Uma Shankari THE outsourcing trend that has been so rampant recently has some positive implications for Singapore. Well, at least for logistics companies, according to CEO Robert Yap of YCH, a homegrown logistics
      ARTHUR LEE  -  1,013 words
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  • SHIPPING TIMES
    • 580 17  -  Remaining 6 berths under the second phase of expansion plan put on hold By Donald Urquhart [SINGAPORE] The neighbouring Malaysian Port of Tanjung Pelepas (PTP) has raised its throughput capacity to six million TEUs following the completion of two berths under
      580 words
    • 295 17 SGX '000 Jul 19 SS Vol CH Offshore 0.37 -0.01 979 ChuanHup 0.53 0.01 1035 Cosco Investment 0.88 0.02 ***** CWT Distribution 0.48 -0.01 3 Ezra Hldgs 0.96 -0.01 67 Freight Links 0.10 unch 168 GB Holdings 0.88 -0.01 66 Jaya Holdings 0.88 -0.01 3757 K1 Venture 0.26
      295 words
    • 310 17 AFP [JAKAßTA] Indonesia's navy chief has played down the piracy threat in the Malacca Strait and says he believes there may be a foreign conspiracy to use the issue to justify intervention in the crucial waterway. Admiral Bernard Kent Sondakh, in an interview
      AFP  -  310 words
    • 230 17 Reuters [TAIPEI] Taiwan's Formosa Plastics Group is planning to invest NT$3 billion (Sslsl million) to build five shipping docks in China to import raw materials for its operations there, a local newspaper reported yesterday. The five wharfs, to be located at Beilun port in
      Reuters  -  230 words
    • 989 17 Portview, the PSA Corp magazine, sizes up the chief of Singapore's maritime regulator a year after he took over the helm THE waters across from the Maritime and Port Authority of Singapore (MPA) offices in Telok Blangah were calm, with ships facing one direction, following
      989 words
    • 626 17 Bloomberg [OSLO] Frontline Ltd, Teekay Shipping and other oiltanker owners may report a second year of record profits amid the biggest increase in demand for crude since 1980. Net income at Frontline, the biggest crude-oil shipper by capacity, may rise
      Bloomberg  -  626 words
    • AVIATION news
      • 876 18  -  Many a romance has taken off with Southwest Airlines's open seating policy By Jon Herskovitz Reuters [DALLAS] THE loving looks begin outside the gate, jump to the jetbridge and snuggle themselves into coach seats in the Southwest Airlines courtship ritual. The low-fare US carrier
        Reuters  -  876 words
    • 110 18 PAGE Austral AL 5 Bank Line 4 BSA 4 B'tang Mas 3 CMACGM 3 COSCO 3 China Shpg 4 Crocodile Line ....A Oelmas 4 1 Dongnama 3 1 Eukor 2 ECL 3 Foong Sun 4 Gemartrans 4 Hamburg Sud 3 Hangli 4 Heung-A 3 IRISL 5 Jesselton
      110 words
    • 7532 21 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number vs. t 30/08 16/10 WWL TAMPA AF417 65-*****033 To ABIDJAN (ABJ) 2003 Cot* D'lvoire To BANDAR ABBAS (BND) 2036 Iran 28/07 08/09
      7,532 words
    • SHIPS IN PORT
      • 552 23 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL E LINK 1 ELK140 J4 A/SIDE 20/07 0630 MARCOPO 3222 01/04J J3 A/SIDE 20/07 0630 RIMBASATU DENNIS11 J10 A/SIDE 20/07 2300 SING LH 11 JB4701 J5/6 A/SIDE 20/07 1700 TRANSFRIENDS 46A J22 A/SIDE 20/07 0700 UNITRUST 0410 J9 A/SIDE
        552 words
      • 1803 23 CONTAINERS TERMINAL AND VESSEL SCHEDULES V Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX DAHUA 078S 078S 1 21/07/2004-23:59 22/07/2004-16:00 ACX HIBISCUS 094N 094N 1 20/07/2004-1300 21/07/2004-0600 T06 AL SHAMIAH S422W S422W 1 20/07/2004-15:00 21/07/2004-20:00 B04 ALAMJAYA AJ007 AJ007 1 23/07/2004-18:00 24/07/2004-02:00
        1,803 words
      • 138 23 Jul 21 Belgium: Nat Day. Aug 1 Switzerland: Nat Day. Aug 0 Singapore: Nat Day. Aug 12 Thailand: Queen's Birthday. Aug 15 France: Assump Day. Belgium: Assump Day. India: Indepen Day. S Korea: Libe Day. Aug 17 Indonesia: Independ Day. Aug 20 India: Parsi New Day. Aug 30
        138 words
      • 815 23 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 average sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        815 words
      • 542 23 Carbon 180 Max 975.2 0.2 15.2 0.03 15 0.01 Jul 15 Dmlty Water Residue AshAlumlnlum Sediment No*™ E25 0 J 0 02 380 Max W13.5 0.7 17.9 0.07 55 0.06 kg/m*3 v/v m/m m/m ppm method No above G35 8 0 0 0 0 0 ISO/Cimac
        542 words
    • AIR & LAND transport
      • 497 24 It claims total value of state aid is worth little in absolute value terms Bloomberg [BATH] Airbus SAS, the world's biggest planemaker, said state aid to the company is worth no more than "a hundred-thousand bucks" an aircraft, rejecting criticism from Boeing Co that
        Bloomberg; AP  -  497 words
      • 90 24 [MELBOURNE] Jetstar chief executive officer Alan Joyces sits in the pilot seat of a new Airbus A 320, the first 0f23 Airbus planes which the budget airline has bought, in Melbourne yesterday. Australia's air safety authority said it was awaiting reports of a near mid-air collision
        AFP  -  90 words
      • 173 24 AFP [LONDON] Scotland Yard late on Sunday announced an inquiry into the disappearance of confidential plans aimed at preventing a terrorist attack on London's Heathrow Airport. "We have launched an internal inquiry into the circumstances of how these documents went missing and will take
        AFP  -  173 words
      • 302 24 Reuters [DUßLlN] British Airways Pic is considering a possible takeover bid for Irish state airline Aer Lingus, BA chief executive Rod Eddington was quoted as saying on Sunday. Mr Eddington said BA would not make a move until the Irish
        Reuters  -  302 words
      • 386 24 It is also seeking to raise US$50m-75m in private equity Reuters [BANGALORE] Air Deccan, a no-frills airline launched less than a year ago with an eye on upwardly mobile Indian travellers, is set to launch a price war on major
        Reuters  -  386 words
      • 303 24 Bloomberg [FARNBOROUGH] Boeing Co, the second-largest maker of commercial airplanes, may build a larger version of its 420-seat 747-400 to satisfy Asian customers, an executive said. Alan Mulally, chief executive of the Chicago-based company's commercial aircraft division, said some Asian
        Bloomberg  -  303 words
      • 117 24 AFP [KUALA LUMPUR] Malaysian rescuers were still searching for seven people, including officials and a CEO, missing after their helicopter was feared to have crashed on Monday last week in the jungles of Borneo a week ago, police said on Sunday. "Police officers are
        AFP  -  117 words
      • 2118 24 CITY FLIGHT ETA FLIGHT ETD EK348 1650 $0428 2325 AM(M« BA7382 2215 EK4J0 2005 OF82 2215 Fmkfurt AC9951 0630 LH9765 1405 LH9770 2300 LH9762 0630 S0326 1405 S0229 2300 S025 0630 BA7305 2255 AMSttrteM $0323 0615 GA974 0130 "-H778 1555 LX4381 2255 KL837 1450 KL838 2255
        2,118 words
  • Page 17 Advertisements

  • Page 18 Advertisements
    • 672 18 "^^lhiflfrl^llillll'llii I IMPORT NORTH AMERICA AUSTRALIA/NEW ZEALAND SUPER SHUTTLE EXPRESS (SSX) 1 "vessel voy —m sm, no [Australia asia express (aax) PtO NEDUOYD KOBE 40W7/ 10/07 21/07 OMT VOT BHE STB Mil I API FBI SI PKG~ lOS ANGELES EXPRESS 06W28 14/07 01/01 03/01 PtO NEDUOYD ADELAIDE 79N OMIT 12/07
      672 words
    • 531 18 fj"® 5 services represented by Members of the Registry of VsSSßi¥s AcoßdHad Shipping Agents, Singapore Shipping Association HH ULY UNE MALE VOY ETA ETA ETA P. KLAMG SPORE MALE Koto Teguh XTGI3I 20/07 30/07 Princess Lily 0504 28/07 o*/ 08 Kota Teraju TRJOB7 07/08 17/08 11 1 J UIY MARINE
      531 words
    • 6 18 Members of the Singapore Logistics Association
      6 words

  • Page 19 Advertisements
    • 998 19 MOL Combines C ron 9® s^'PP n 9 modes to timely, ratable services covering major ports in North America, Europe, Japan, Asia, Africa Oceania. Abe acupt fcrtre- Asia Carjcts to: BUSAN KWANGYAMG SHANGHAI YANTIAN XiAMBI QMGDAO KILAWAN J JAKARTA SURABAYA KAOHSRWC BANGKOK LAW CHAIAHC mXHHWHI PASIB 6UPAM6 PBIANG PQRTRIuSo For
      998 words
    • 873 19 COSTAR SHTPFING PTE LTD ss ™s =s sss COSTAR AGENCIES (M) SDN BHD TEL 07-353 8166 8170 CONVENTIONAL *****850 *****208 MONTHLY DIRECT CONTAINERISED SERVICE TO SOUTH PACIFIC ISLANDS OF: SUVA LAUTOKA (FIJI) PAPEETE (TAHITI) PAGO NEXT VESSEL f CEC MAYFLOWER 017 ETA SGP 14th AUG 2004' 1. MALAYSIA AGENT (CONTAINER
      873 words
    • 709 19 VBSEL -M_ IT W HCM 1 HKGL —KYH _BB VESSEL VOY SIN PKG MUfll MERCHAHT 423 M. JUL 28/7 30/7 NEW bYIiAMIC fosA ~W" U7l GOLDEN TRADE 40SN 3/8 4/8 6/8 I PERTH BRIDGE 059* ~WT 317T~ HERTFORD QQ7N IQ/B 11/8 13/8 I T~ NEWDYNAMIC 066 A 5/S 7/t *VSt
      709 words

  • Page 20 Advertisements
    • 953 20 MUf WALLENIUS WILHELMSEN website: http://www.2wglobol.tom VESSEL LK ~MAO~ HOU» Ml* SAV »Al ORE NYC WW MOB TARONGA AF4IS 3201 ms 6.25 M I 31/07 25/08 03/09 10/09 11/09 15/09 13/09 17/09 07/09 TAMESIS AF4I6 320T0« MOM I 15/0S 09/09 18/09 25/09 26/09 01/10 29/09 03/10 22/09 TAMPA AF4I7 |420T0«s |MM
      953 words
    • 809 20 I WXWAN HAI LINES Y Tel: 6226 1588 Fax: *****163 INTRODUCING:- NEW WEEKLY EXPRESS SERVICE TO: EUROPE ROTTERDAM HAMBURG ANTWERP CALLING SIN EVERY Saturday For more details, call HOTLINE: 6226 1588 1800-*****00 J CHINA SHIPPINGCONTAINERLINES CO.. LTD. I Uf?%SsTCOASTV (Wtp A SAT) USA EAST COAST (WID 4 tAQ vaL Ivor
      809 words
    • 819 20 BSA 1 MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon VESSEL VOY SIN PKI PEN PGU PAGAN 328W SLD HPA-AN 320W SID SLD IN MALAYSIA: IOUSTEAD SHIPPING AGENCIES KUL- 03-*****300 PKL 03-*****101 PEN: 04-*****02 ACCEPTING CONVENTIONAL C6O VESSEL VOY HKG SIN PGU PKL KUC OCEANIA QUEEN 120 SLD
      819 words

  • Page 21 Advertisements
    • 583 21 I VESSEL VOY SIN PKL I KARACHI I DXB BAB PMM BIK KHORRAMSHAHR IRAN KOR DC STAN PCL 8038 23/07 21/07 31/07 03/08 04/08 11/08 14/08 17/08 IRANSHAHRYAR PCL 8039 30/07 31/07 07/08 10/08 11/08 18/08 21/08 24/08 IRAN SATTARI PCL 8040 05/08 06/08 13/08 16/08 17/08 24/08 27/08 30/08
      583 words
    • 318 21 UK CONTINENT SERVICE Loading for ANTONIS RTM/ATW/BMN/UK/NAN STARLY RTM/ATW/BMN/UK/NAN Loads Singapore, EVW. Malaysia, Indonesia MIDDLE-EAST SERVICE Loading for GOLDEN SUN ADN/HDD/JDH/AQA C CHAMP DMT/YAR/BZA VTC STAR DBI/ABU/DOH/BRN/DMM/KWT Toads Singapore, EVW Malaysia, Indonesia USA SERVICE Loading for TAUROA POINT VCW/LAX/MZL IVORY STAR LAX/VCW SAMOS DREAM CAM/NOL/NFK/SAV 'Loads EVW. Malaysia, Indonesia F.E./S.E.A.
      318 words
    • 318 21 -3555S SIN PGU XQI iM ML__ J£J£jsA 1257* 2]io7 22/0 7 j&Hm 225Z ***** 22/fiZ CSf 2301 ROO7N 22/07 24/07 PACIAU 4215 23/07 25/07 MCBAMPA I2S«! 23/07 23/07 AIM! I ATA 7 8206 24/07 M/ 07 PAC lANOA 12S9N 24/07 25/07 MC MWTAW 92SS 28/07 31/00 gf 2301 mm 25/07
      318 words


  • Page 23 Miscellaneous
    • 117 23 Issued by Meteorological Service Division.NEA LEGEND: < Thunderstorm Wind speed symbols Showers Fu circle w/0 line indicates calm or N 9 ht and variable winds Rajn One half fleche represents 5 knots Cloudy Day *One full fleche represents 10 knots x Hazy A -One solid triangle represents 50 knots D
      117 words