The Straits Times : Weekly Overseas Edition, 30 April 1988
1988-04-30
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The Straits Times : Weekly Overseas Edition
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Title Section20 1988-04-30 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, APRIL 30, 1988 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 222/8/8720 words
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Article, Illustration758 1988-04-30 1 BERTHA HENSON - By BERTHA HENSON LAWYER Patrick Seong Kwok Kei, who was arrested along with eight ex-detainees on April 19 and who had earlier acted for two of them, said he had actively encouraged the issuing of a press statement denying the Marxist plot758 words
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91 1988-04-30 1 VOTERS at the next general election must deeide if Singapore needs the Internal Security Act (ISA), First Deputy Prime Minister («oh Chok Tong told a press conferenee yesterday. The ISA had become an election issue because of recent developments concerning last91 words
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Article, Illustration1029 1988-04-30 1 ALAN JOHN - Now they declare on oath; We stand by our original statements to the ISD By ALAN JOHN EIGHT of the nine ex-detain-ees who issued a joint statement last week, denying that they were Marxist conspirators and saying they were illtreated during detention and coerced into1,029 words
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Page 1 Advertisements
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Advertisement28 1988-04-30 1 Home Ministry: Inquiry no longer necessary MORE REPORTS ON THE MARXIST CONSPIRACY PAGES 6 7 Singapore economy up by a robust llpc in £irst quarter: See Back Page28 words
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Advertisement119 1988-04-30 1 VED if RviCE. (?PA) I'IRARV HBi aQEpGaad* 31b? ***** jo*» ni ,v rtron Membership has its privileges. INSIDE FAS act to stop stars from playing in Malaysia PAGE 23 HOME NEWS Ex-Lamipak MD’s jail term slashed PAGE 2 Bus firm chief is new AAS president PAGE 4 48,900 on waiting119 words
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HOME
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Article, Illustration496 1988-04-30 2 CATHERINE C. ONG - Judge agrees with ‘clang of prison gates’ principle By CATHERINE C. ONG THE Court of Appeal on Tuesday reduced to three months a nine-month jail term imposed on Francis Siah, former managing director of Lamipak Industries, citing a hitherto unapplied principle of sentencing. Mr Justice496 words
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Article173 1988-04-30 2 A NEW and liberal air services agreement, signed last week allows Singapore Airlines and Royal Brunei Airlines to operate with unrestricted capacity and frequency between the two countries. The pact between the Republic and Brunei is more flexible than a previous agreement and allows173 words
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Article65 1988-04-30 2 ALL 25,000 198« $lO "dragon" coins put up for sale at $4O each at two centres yesterday were snapped up in two hours hy collectors, some of whom had queued up since the break of dawn The silver proof coin, hear ing a dragon encircled by65 words
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Article, Illustration275 1988-04-30 2 APPLE, the billion-dollar American computer company, wants to develop Singapore as its main base for expansion into the Asia-Pacific region. Apple’s chairman and president. Mr John Sculley, 49, said that Singapore was "one of the foundation blocks for the Asia-Pacific market”. "Singapore was275 words
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122 1988-04-30 2 THE number of visitors to Singapore continued to rise in February, registering a 14.3 per cent increase compared with a year ago. During the month, a total of 312,496 people visited the island, with 89,296 coming from the Asean area. The Japanese made up122 words
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Article, Illustration499 1988-04-30 2 ALAN HUBBARD - By ALAN HUBBARD: Europe Editor LONDON Amid the ancient splendour of the Houses of Parliament, Singaporean Philip Jeyaretnam received an award on Monday which will enable him to undertake a study thesis about the Republic’s legal system. Called Singapore: A Retreat from the RuleReuter picture. - 499 words
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194 1988-04-30 2 ONG MING SEING - By ONG MING SEING, Washington Correspondent WASHINGTON Singapore finished second in this year’s Philip C. Jessup International Law Moot Court Competition, an annual event involving law students from 30 countries Australia was only able to clinch the 1988 championship after a tough tussle with194 words
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186 1988-04-30 2 LAND-SCARCE Singapore has grown by one per cent in area with the completion of the mammoth 650-ha Jurong Tuas reclamation project earlier this month. The $602-million project was completed four months ahead of schedule, according to the latest issue of Periscope,186 words
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Article, Illustration1252 1988-04-30 3 LIM KWAN KWAN - Employers find it unnecessary, workers fear isolation SPECIAL REPORT t 4 By LIM KWAN KWAN MR DEREK TAN feels very much at home when he is at work free to step out any time for a cuppa, watch TV or even catch 40 winks.1,252 words
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322 1988-04-30 3 SINGLES with fewer than three O levels who need a helping hand in finding a mate ran now join in the activities organised by the Social Development Section. The matchmaking unit has announced that this relaxation of rules will take immediate effect,322 words
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123 1988-04-30 3 A MAN was fined $4OO by a district court this week for stealing 15 litres of water costing two cents. Subramaniam Ramar, an odd-job worker, was caught by police as he was filling up two pails of water from a Housing Board123 words
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409 1988-04-30 4 AHMAD OSMAN - By AHMAD OSMAN THE National Trades Union Congress has been asked to set a three-year deadline for employers to raise the retirement age of workers through negotiations with the labour movement. If no progress is achieved by 1991, the NTUC should409 words
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Article, Illustration117 1988-04-30 4 JUDGMENT was reserved on Wednesday in an appeal against conviction by the former general secretary of the Automobile Association of Singapore. Tang Tuck Wah, 56, (right) was convicted by a lower court in November 1986 on eight charges of criminal breach of trust117 words
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Article, Illustration204 1988-04-30 4 LONDON Singapore’s new High Commissioner in lamdon, Mr Aziz Mahmood (above), has presented his credentials at Buckingham Palace, reports ALAN HUBBARD. In the absence of Queen Elizabeth, who is in Australia. his credentials were received by Prince Charles and the Queen204 words
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383 1988-04-30 4 COVENT Garden in will come alive next month to the sound and flavours of Live Singapore, a lavish carnival-like show to promote tourism in Britain. Among the items on the giant road show will be arrobats, stilt-walkers, Chinese opera actors and383 words
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Article, Illustration536 1988-04-30 4 RAV DHALIWAL - Surprise last-minute withdrawal by Milton Tan By RAV DHALIWAL BUS company chief Ng Ser Miang convincingly beat lawyer Francis Seow in a straight fight to become president of the Automobile Association of Singapore yesterday. Incumbent and longstanding president Milton Tan caused536 words
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249 1988-04-30 4 A LABOUR sub-contractor was this week sentenced to death by the High Court for trafficking in heroin. Tan Toon Hock, 43, was found guilty of trafficking in 20 packets with 22.58 g of the drug from Ang Mo Kio Street 22 to the249 words
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Article, Illustration472 1988-04-30 5 SIA and JAL discuss putting on extra services FLIGHTS between Japan and Singapore are operating at full capacity and the number of travellers on the Singapore Airlines' waiting list for May and June alone is 48,900. The only way to accommodate these472 words
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Article49 1988-04-30 5 CANADIAN Patrick Eugune Roy, 29, a project manager, was charged in a district court on Tuesday with criminal breach of trust of $50,000 belonging to his employers, Management International Service Pte Ltd, a civil engineering firm. The case will come up for mention next week.49 words
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90 1988-04-30 5 SINGAPORE girls are flying as stewardess for Japan Air Lines for the first time on its Slngapore-Japan flights. The women, 21 in all, are among 113 new flight attendants recruited from Frankfurt, London and Singapore in the airline’s effort to improve90 words
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247 1988-04-30 5 AN INTERNATIONAL hotel chain with plans for rapid expansion in this region has set up its Asia-Pacific headquarters in Singapore. The Inter-Continental Hotels Corporation, which has 104 hotels around the world, used to have its combined Asia-Pacific and Latin America regional office in Hawaii.247 words
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303 1988-04-30 5 MAYLEE CHIA - By MAYLEE CHIA OFFICERS from the Primary Production Department on Thursday raided a warehouse and a shop and seized an assortment of stuffed animals and animal skins. Some of these animals, believed to belong to endangered species, included tigers, rare leopards, birds of paradise and303 words
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Article, Illustration122 1988-04-30 5 SINGAPOREAN pianist Margaret Leng Tan (above) is to donate part of her personal collection of classical and modern mnslc records and compact discs to the Arts Resource Centre of the National Library. Miss Tan, 43, an Internationally* renowned pianist based122 words
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339 1988-04-30 5 THE case of the Mass Rapid Transit train drivers who failed to report for work last month has been referred to the police for investigation. "As the MRT service is an essential service, this may be an illegal industrial action,’’ Singapore MRT, the railway339 words
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88 1988-04-30 5 AFP BANGKOK Prime Minister Lee Kuan Yew will visit Bangkok in May for talks on Cambodia with his Thai counterpart Prem Tinsulanonda, a Thai Foreign Ministry official said here Mr Lee’s visit, scheduled for mid-May, would also cover the regional political andAFP - 88 words
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Article, Illustration1067 1988-04-30 6 ALAN JOHN - Three ministers meet Press on Marxist plot By ALAN JOHN VOTERS at the next general election will have to ask themselves if Singapore needs the Internal Security Act. First Deputy Prime Minister Goh Chok Tong said yesterday. His own position, which he1,067 words
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463 1988-04-30 6 CANADA offered to take in long-time Internal Security Act detainee Chia Thye Poh last year, but he declined to gain freedom by going there, the Home Affairs Ministry disclosed last week. “It would appear that he prefers martyrdom with the chance of glory463 words
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400 1988-04-30 6 PAUL JACOB - By PAUL JACOB ATTORNEY-GENERAL Tan Boon Teik is filing a complaint with the Law Society against Mr Francis Seow, who is lawyer for two Internal Security Act detainees. Home Affairs Minister S. Jayakumar disclosed this when he responded to questions400 words
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Article357 1988-04-30 6 LAWYER Francis Seow has denied the Government’s allegation that he misused his status as legal counsel for Teo Soh Lung and Patrick Seong as a cover for political propaganda and agitation. He said he was not aware of the joint press statement issued by the357 words
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Article, Illustration727 1988-04-30 7 Addendum gives more details of links with Communist Party of Malaya THE Government last week released an addendum to the statement it issued a day earlier giving its reasons for re-ar-resting eight ex-detainees who were detained last year727 words
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Article, Illustration521 1988-04-30 7 The Malaysian Special Branch interrogation of Mohamed Yunus bin Lebai, one of those arrested last year in the Malaysian security swoop, produced independent eorroboration of Tan Wah Piow’s links with the CPM. Their links were described in the Home Affairs Ministry statement. CECILIA LIM SOI MOI521 words
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across the CAUSEWAY
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679 1988-04-30 8 Thrust of new Malaysia’s national economic plan KUALA LUMPUR A new set of programmes to tackle high unemployment and poverty will form the thrust of national economic planning and management in Malaysia in the coming decade, Tan Sri Zain Azraai, the679 words
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124 1988-04-30 8 NBT. SKKKMBAN A man who married a woman not knowing that she was six months pregnant has won his salt for damages. Magistrate Rldwan Ibrahim awarded Mr Lockman bln Harnn, 21, MSt'tM <S$4,«l4) and general damages to be assessed by the coart, plusNBT. - 124 words
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Article41 1988-04-30 8 Bernama PETALING JAYA The Cabinet has decided to discontinue the use of Pulau Bidong, off the coast of Trengganu. as a transit centre for Vietnamese refugees, Minister in the Prime Minister's Department Datuk Dr Yusof Moor said. BernamaBernama - 41 words
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235 1988-04-30 8 Bernama. ALOR STAR The Cabinet committee on unemployed graduates may study the suggestion to "export" graduates as part of efforts to resolve the unemployment problem among them, labour Minister Lee Kim Sai said. Mr Lee, who is a member of the committee,Bernama. - 235 words
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294 1988-04-30 8 KUALA LUMPUR Hotels In Johor Baru are enjoying a business boom, thanks mainly to the many Singaporeans who go there for business or recreation. The Star newspaper, quoting the vtre-ehairman of the Johor Tourist Assorlation, Mr Beppl Forster, said hotels in Johor294 words
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347 1988-04-30 8 Bernama. JOHOR BARU Johor will adopt a four-pronged strategy, which includes economic twinning with Singapore, to further fuel the state’s economic Sowth up to the year 2005, entri Besar Muhyiddin Yassin said. The other prongs were economic restructuring and accelerated industrialisation; intensiveBernama. - 347 words
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202 1988-04-30 8 Bernama. KUALA LUMPUR Civil service unions are unhappy with the government’s proposed move to make urine tests compulsory for civil servants. They said that in its efforts to detect drug abuse, the government should not treat civil servants "like children”. The president of the Council– Bernama. - 202 words
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369 1988-04-30 8 TAIPING Do not be fooled if you see a group of men looking at the sky near the Taiping market square around noon every day. They are not looking for unidentified flying objects but simply watching for clouds. The369 words
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Article, Illustration133 1988-04-30 9 THESE “hare-lex catchers” are paid to sit outdoors nightly in various districts of Kuala Lumpur. They are the human halt for the Anophele maeulaeus mosquitoes and in a way, In the front line of defenee against the insert which spreads malaria. Their efforts have helped• PICTURE BY SIMON KER - 133 words
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Article, Illustration516 1988-04-30 9 Dr Mahathir’s ‘Sale of Limbang’ libel case Bernama KUALA LUMPUR The High Court here was told the Far Eastern Economic Review' and its editor were prepared to take the risk of not revealing the sources for the report on theBernama - 516 words
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369 1988-04-30 9 KUALA LUMPUR Bernama. DESPITE an easing of investment regulations since 1986, red tape still seems to put the brakes on Malaysia's efforts to attract foreign investment, a panel discussion was told. The United States Commercial Attache here, Mr Jonathan Bensky, said multinational companies,Bernama. - 369 words
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Article, Illustration191 1988-04-30 9 KUALA LUMPUR The High Court here has ordered seven people, Including Tan Sri Kamarul Ariffln, to give evidence on matters relating to Hank Rumiputra Malaysia Rhd and Rumiputra Malaysia Finance Ltd, The Star reported. The order was given on Tuesday by Mr Justice191 words
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169 1988-04-30 9 KUALA LUMPUR Datuk Seri Dr Mahathir Mohamad will hold a closed-door meeting with all New Umno state liaison chairmen and divisional co-ordination committees tomorrow. The party's secretary-gen-eral, Datuk Mohamed Rahmat, said this would be the first meeting between the party president and the Supreme169 words
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264 1988-04-30 9 Bernama JOHOR BARU The Johor Islamic religious department has arrested a tok guru (religious teacher) and 18 of his followers for being involved in deviationist practices. At the time of arrest in a house at Benut, near Pontain. they were alleged to– Bernama - 264 words
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Article63 1988-04-30 9 Cane girls, too survey KUALA LUMPUR Most of Malaysia’s school principals polled in a recent survey said naughty female students should be given the cane along with their male counterparts, the Education Ministry said here. In a survey of school principals in 98 co-educa-tional and II all-girls schools across the63 words
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ASEAN
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1217 1988-04-30 10 YANG RAZALI KASSIM - A lot depends on how China plays the ball, now in its court Indonesia does diplomatic shuffle with China and Russia By YANG RAZALI KASSIM Jakarta Correspondent JAKARTA The meeting here last week of the Economic and Social Commission for Asia and the1,217 words
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Article, Illustration68 1988-04-30 10 Trying to score bilateral advances with Indonesia China's Vice-Foreign Minister Liu Shuqing held two hours of talks with Indonesia's Foreign Minister Ali Alatas soon after arriving in Jakarta. On Mr Liu's heels came his Soviet counterpart, Mr Igor Rogachev, who politely pressed68 words
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Article201 1988-04-30 10 Reuter. JAKARTA An Indonesian thought to be the world’s tallest woman at 2.33 metres (7ft On) has been hospitalised In Surabaya to stop her from growing further. The Guinness Book of World Records lists the tallest living woman as Sandy Allen, 32, of Niagara Falls,Reuter. - 201 words
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Article, Illustration487 1988-04-30 10 Reaction to proposed mini-Marshall Plan to help the Philippines THERE have been mixed early reactions from several Asian countries to the idea of a multilateral aid plan to help get the Philippines on its feet. Japan prefers the bilateral approach,487 words
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146 1988-04-30 10 also be banned. TAN LIAN CHOO - also be banned. TAN LIAN CHOO. BANGKOK Thailand has started a three-year campaign against smoking by banning it at the very top during Cabinet meetings. While studying smoking curbs proposed by the Health Ministry at a Cabinet meeting on Tuesday, Commerce Minister Montri Pongpanich146 words
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FORUM
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401 1988-04-30 11 On non-surgical procedure to clear blocked arteries FOLLOWING your report “More opt for alternative to bypass operation" on coronary angioplasty (ST. April 18). may I ho |x>rmitted a few comments, to restore perspective on the status of coronary angioplasty in the treatment of patients with coronary401 words
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Article169 1988-04-30 11 WK refer to the letter "Born here but still not a Singaporean" by “TC P." (ST. April 12). Under the citizenship laws of Singapore, children born out of wedlock in Singapore on oi’ after March 17, 1967 are citizens of Singapore only if their mothers were169 words
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Article322 1988-04-30 11 1 REFER to the report concerning the High Court’s ruling on the right of foreign lawyers to appear in arbitrations held in Singapore. (ST, March 31). While the report is correct as far as it goes, it unfortunately leaves an impression that the prohibition322 words
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260 1988-04-30 11 MR GRAHAM ADDICOTT (ST, April 13) is mistaken in stating that the debate in Parliament on commercial TV was "about the effects of having just one more station in addition to the Singapore Broadcasting Corporation". My minister was talking about the effects260 words
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Page 11 Advertisements
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Advertisement92 1988-04-30 11 THE Straits Times welcomes letters from you. Your letters must include your signature, full name, address, and home and office telephone numbers, if any. They should preferably be typed, double-spaced, on one side of the paper. You may add a pseudonym if you wish. But we would prefer your using92 words
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Advertisement219 1988-04-30 11 fht' Sffjtif .'Huh's Now, keeping in touch with what’s .i—iiiiiiiiiiiiiiin iimiii ■■him i• i happening in Singapore couldn’t be easier. Or more economical. Because all the major news of every week is condensed into one paper. The Straits Times Weekly Overseas Edition. Printed on lightweight paper in convenient tabloid size,219 words
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COMMENT/ Pick of the week’s editorials
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Article625 1988-04-30 12 APRIL 30. 1988 THE Singapore economy is an orderly world. Those who take their business here know that they would not have to eontend with unpredictable worker unrest. But these employers pay a cost for such a disciplined environment I,ahour does not come cheap in Singapore625 words
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Article634 1988-04-30 12 APRIL 29. 1988 IN PARLIAMENTARY polities, if a ruling party does not have a clear majority it will need the co-operation of the other parties to pass some of the programmes that it would like to implement. That kind of co-operation is what President Roh Tae Woo's634 words
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Article635 1988-04-30 12 APRIL 28. 1988 FARMERS in Taiwan and Japan have much in common these days they are angry with the US because of the pressure that Washington is putting on their countries to import more American farm produce. Last Saturday, angry Japanese farmers smashed an American car and635 words
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578 1988-04-30 12 THIS APRIL MONTH BEFORE this April month ends tonight, I'd like to record here an unreported sjx'ech made recently by Judicial Commissioner .1. Grimberg in the High Court. It deserves it. I was taken up by it not by the topic, nor578 words
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Article200 1988-04-30 12 “They threw a hand grenade into our face. They were not out to seek redress for the alleged torture. They w'ere out to harm the Government and to harm out political stability.” First Deputy Prime Minister Goh Chok Tong referring to the joint statement issued last week by200 words
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COMMENT/ Perspective
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Article, Illustration1013 1988-04-30 13 Singapore’s Malay leaders getting better but fewer The issue of Malay leadership was brought into sharp focus recently when more than 100 community leaders and activists gathered at a two-day convention organised by Majlis Pusat, the Central Council of Malay Cultural Organisations. SALIM OSMAN of the Political Desk recounts the1,013 words
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693 1988-04-30 13 JAPAN’S school year opens with the cherry blossoms. This April, though, has not seen a serene beginning for the country’s universities. The problem is not rioting students: it is teacher’s restrictive practices. Professors work their way up a smug and self-suf-ficient hierarchy693 words
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Article, Illustration1805 1988-04-30 14 ISMAIL KASSIM - THE Muslim fasting month may be here, but the contest between rival factions of the old Umno continues unabated. If anything, both sides are likely to make use of breaking-the-fast receptions to wage their campaigns for the support of the Malays. By1,805 words
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Article, Illustration195 1988-04-30 14 WITH most of the uncertainties regarding New I'mno resolved, a clearer picture has emerged on the positions of “dissidents”. Two former divisional heads w ho were dropped for joining the dissidents made opposing decisions. While former195 words
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Page 13 Miscellaneous
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Miscellaneous15 1988-04-30 13 (olf/le'Sfie ws&fys# «r, *a 'fUSCi^ t r~ 5..-i\ 7i msp"7l fc.fr* jvlH VS 6* (iii15 words
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HOME/ Focus
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1119 1988-04-30 15 JANICE SEAH; TAN EE SZE; and CAROL LEONG - They are often late for meetings, dinners and dates SPECIAL REPORT By JANICE SEAH TAN EE SZE and CAROL LEONG THE clock. A cursed necessity of urban life, it can bo a dratted nuisance on good days and a merciless tyrant when you are1,119 words
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Article, Illustration78 1988-04-30 15 A typical scene. The wedding couple had booked a room at an Orchard Road hotel from 7 pm. The groom and the bridal couple's parents were there to greet guests at 7.15 pm. But the guests took their time and the 15 tablesPictures by Jacky Ho - 78 words
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258 1988-04-30 15 TRAFFIC, weather, trouble finding the location they are all frequently used spur-of-the-moment excuses for being late. “Rain,” said a tardy guest at a recent wedding dinner. “Can’t find the place,” said another. “No parking space,” offered a third. “If you come early, people say you’re258 words
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TIME$
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Article3028 1988-04-30 16 Friday, April .10, 19HX 1988 last Yield Vot Day High low Company Sale Change O o o M 3“ low SECTION ONE INDUSTRIALS COMMERCIAL 136 95 Acma 96 unch 1 0 14 96 95 ADEF A 1005 1005 ADEF B 1005 65 42 Alcorn3,028 words
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178 1988-04-30 16 Weekly sharemarket report SENTIMENT continued to show signs of improvement this week, although the daily turnover was still low until Friday, when it rose to 25.29 million units. The ST Industrial Index was in minus territory only on one day Tuesday, when178 words
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253 1988-04-30 16 SHARE prices yesterday continued to ride on buoyant market sentiment and closed higher for the third straight session. Some dealers said news of Singapore’s first-quarter growth and the “nonevent” of CPF rate adjustments kept sentiment up, although they did not253 words
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139 1988-04-30 16 IN KUALA LUMPUR, the stock market finished higher yesterday, making it the third consecutive session of rises since Wednesday. Promet, which was requoted on the Singapore stock exchange yesterday, rose 13 sen to 56 sen at the mid-day break. It closed unchanged at 55 sen139 words
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Article59 1988-04-30 16 IN HONGKONG, share prices yesterday closed higher, encouraged by the suspension of dealings in a number of listed firms, but trading was sluggish. The Hang Seng Index rose 14.73 points to 2,602.87 after an early morning 11-point drop. The Hongkong Index was up 10.51 to 1,715.73.59 words
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Article, Illustration543 1988-04-30 17 DOREEN SOH - Excess of income over expenditure is thumping s3o9m By DOREEN SOH THE assets of Great Eastern Life Assurance, the insurance arm of the Oversea-Chinese Banking Corporation, exceeded $2 billion for the first time last year. GE Life’s latest annual report showed that as543 words
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Article161 1988-04-30 17 NORTH Borneo Timbers Bhd has shaken off the red ink that has stained its report for two years running and turned in profits at all levels last year. The investment holding company reported a pretax profit of M 51.43 million (Ssl.ll million) on a 147161 words
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Article352 1988-04-30 17 Apr W HM Ch*n** Amoc Inti Hot»*» 2 625 4-0 025 Bonk Of Eatt A»to 16 70 0 1 1 05 0 03 Cathay Poclhc Air. 720 urtch Chaung Kong China light 745 1840 0 05 +02 City R»»ourc»t 1 31 ■Oil Crow Horb Tunn»l 1540 02 Doo H»ng352 words
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Article240 1988-04-30 17 Interbank Over the counter Foreign Local dollars to Foreign currency currency one unit of foreign currency to SJ10 Australian dollar 1 5181—1 5208 668-652 Canadian dollar 1 6272-1 6293 619-6.10 NZ dollar 1 3480—1.3507 7 55-7 34 Sterling pound 3 7508-3 7546 2 69-2 65 US240 words
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Article277 1988-04-30 17 LIM ENG HAL - LIM ENG HAL LISTED construction companies went through another bad patch last year but the weak construction sector was not the only reason for their woes. Attempts to make up for reduced earnings from their core business through stock market investments also turned out to277 words
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Article286 1988-04-30 17 Managers' prices for April 30 May 3 Singapore Unit Trust The Commerce 0% 10? The Savings fund OBI 0 87 S pore Prog fund 0 39 0 43 Spore Sec fund 0 64 0 69 Spore Invest fund 068 0 73 Spore Equity fund Asia Unit Trust 016286 words
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Article, Illustration498 1988-04-30 18 LEE HAN SHIH - By LEE HAN SHIH <n Business Times A PAPER LOSS of HK$3O million (557.7 million) awaits the family of Khoo Teck Fuat which is trying to get its listed vehicle in Hongkong out of a recent suspension.498 words
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408 1988-04-30 18 THE Stock Exchange of Singapore has decided to have separate quotations for local and foreign owned shares of Singapore Airlines and Singapore Press Holdings from next Tuesday. Foreign owned SIA shares will be quoted as SIAF while those of SPH will408 words
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61 1988-04-30 18 Rubber (per kilo) S’p»r* Mftlaynl* IcrnU) (Mil) April 25 241.10 ***** April 26 242.50 313.00 April 27 243.50 ***** April 28 241.00 312.50 Apri' 30 240 00 311.50 Tin (per kilo) BlMlUt TarMver (Inm) April 25 17.27 72 April 26 17.33 42 April 2761 words
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225 1988-04-30 18 BOTH Oversea-Chinese Banking Corporation and Standard Chartered Bank have charged into the home loan battle-front to tag on more extras to their housing loan packages. OCBC will cut one-quar-ter percentage point off its specially low first-year home loan rate, to match the225 words
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Article, Illustration538 1988-04-30 18 HSUNG BEE HWA - By HSUNG BEE HWA HONGKONG shipping magnate Sir Yue-Kong Pao is making another takeover bid for Hotel Marco Polo this time at $1.20 a share, more than double the price he offered two years ago. The bid is being made538 words
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181 1988-04-30 18 INTERNATIONAL Trust Finance Ltd reaped a $518,934 profit from selling its quoted investments before the stock market crash last October, its latest annual report said. The finance company, a subsidiary of OverseaChinese Banking Corporation, provided only $728,301 for possible loan losses last year181 words
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Article183 1988-04-30 18 Week ended April 22 Final results Gross Group net Tear to Company dividend profit/loss ('000) FEES 12(9 6a) $9,939(514.205) Dec 87 Keppel Corp 5(25) $23,891 ($8.764) Dec 87 M Cement 10 8TE (10 8TE) M$10.930($l 1,722) Nov 87 Pilecon Bhd 2.5(25) M$1.9?4L($2.030) Dec 87 Set Properties183 words
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638 1988-04-30 19 CONRAD RAJ - By CONRAD RAJ LISTED conglomerate Keppel Corporation has offered to buy the broking seat of E.G. Tan Co, which is currently under liquidation, for about 53. 8 million. The price is about $500,000 more than what E.G. Tan's638 words
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558 1988-04-30 19 DAMIEN LIM - By DAMIEN LIM SOFT drink and food manufacturer YEO HIAP SENG LTD and construction giant LLM CHANG HOLDINGS have received conditional approval from the Stock Exchange of Singapore (SES) for their plans to enter the stockbroking business. Details of the558 words
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Article210 1988-04-30 19 Bernama. Kt ALA LHMPHK Investors in Malaysia's only commercial TV station, TV3, saw their shares put on a sterling performance upon listing on the Kuala Lumpur Stock Exchange on Monday. At the close of trading, the shares of Sistem Televisyen Malaysia Bhd (STMB), was moreBernama. - 210 words
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Article1343 1988-04-30 19 Current Ei Book* Date Total lor Total lor payment date close payable the year last year ABN 1354% May 3 NYA NYA 27% 27% Amcol '0% Moy 31 Jun 10 Jun 24 10% 10% Asiatic Dev 3% May 19 Jun 3 Jul 1 5% 5% BAT 31 8%1,343 words
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Page 20 Advertisements
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Advertisement986 1988-04-30 20 APPOINTMENTS Coopers &Lybrand Associates provides a comprehensive range of management consultancy services aimed at helping clients increase the effectiveness and profitability of their organisation. These services include Corporate Development, Strategic Planning, Financial Control and Management Information Systems, Manpower Reviews and Cost Reduction Studies, Information Technology, Manufacturing and Distribution Systems, Executive986 words
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Page 21 Advertisements
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Advertisement940 1988-04-30 21 53 UNITED OVERSEAS BANK CROUP IflHli INTERNAL AUDITORS The successful candidates will be responsible for conducting banking operations audit. Other responsibilities include reviewing existing systems of internal control and recommending improvements in control procedures. Applicants should be qualified accountants with at least three years' auditing experience in a full service940 words
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TIMESPORT
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Article, Illustration725 1988-04-30 22 GERRY DE SILVA - Membership likely to be open to a 11... non-racing facilities to be added By GERRY DE SILVA THE now Bukit Turf Club is to throw open its doors to as many as 10.000 members and will no longer reserve725 words
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204 1988-04-30 22 The Totalisator Board is studying proposals to refurbish the two grandstands. About 30,000 people can be easily seated in the Main and North Grandstands at present. There are plans to reserve the Main Grandstand for the exclusive use on race days of all categories of Bukit204 words
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307 1988-04-30 22 TAY CHENG KHOON - NEC WORLD JUNIOR TENNIS TOURNEY By TAY CHENG KHOON UNDER-16 champion Lela Zainal will spearhead Singapore’s team to the NEC World junior tennis championships in Hongkong from May 17-20. Teaming up with the Maju Secondary School student will be Valerie Tan and Shieh Yen,307 words
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Article, Illustration171 1988-04-30 22 HAKIKAT RAI - HAKIKAT RAI POPULAR sportsman, educationist and administrator, Mr Low Kee Pow died of a brain tumour last Tuesday. He was 72. A well-known athlete of St. Joseph’s Institution, he went on to hold the Raffles College 100 yards (10.2 sec) and long jump (6.67171 words
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Article, Illustration397 1988-04-30 23 JOE DORAI - A ban now on top talent signing up for Malaysian teams By JOE DORAI TIIK Football Association of Singapore have, with immediate effect, imposed a ban on the release of the country’s top soccer talent. The ban followed the recommendation of397 words
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Article, Illustration458 1988-04-30 23 JOE DORAI - Mani dropped in surprise move JOE DORAI. NINE newcomers, including striker Nasaruddin Jalil, the younger brother of former international Nasir, are among 32 players selected for Singapore’s Malaysia Cup campaign. Nasaruddin and six of his team-mates from Premier league club Balestier United are included458 words
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Article220 1988-04-30 23 starts on July 1. JOE DORAI - starts on July 1. JOE DORAI. SEAK POH LEONG, Singapore's Director of Coaching and national soccer team coach, has been appointed by the Asian Football Confederation to handle the Fifa World Youth Football Academy in Hongkong and Taiwan next month. Poh Leong, a Cologne220 words
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Article112 1988-04-30 23 FOUR local soccer coaches have been nominated by the Football Association of Singapore to attend a course conducted by the English FA at Lilleshall Hall in England from Aug 13-Sept 2. The coaches who will be going are Marine Crescent’s Dilwant Singh. Jaswant Singh112 words
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Article, Illustration592 1988-04-30 23 TAN THEAN LOON - By TAN THEAN LOON IVAN ALLAN, former seven-time champion trainer in the Singapore-Malaysia racing circuit, is to make a comeback after exactly two years. The Malayan Racing Association last week approved his application for a trainer’s licence subject to approval to592 words
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161 1988-04-30 23 11*011 Flight-year-old Feu Vert, who won the $200,0M1 Perak Derby last Sunday, may yet be the first horse on the Malay-sian-Singapore circuit to win a million dollars in stake money. His $135,80A prizemoney for the win has brought161 words
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122 1988-04-30 24 THE Singapore economy achieved a robust, broad-based growth of II per cent in the first quarter of this year, the First Deputy Prime Minister, Mr Goh Chok Tong, announced on Thursday. It was the highest quarterly growth since the Government began measuring this 13 years122 words
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571 1988-04-30 24 CPF contributions by employees cut by 1 pc, but employers will pay 2 pc more FROM July 1. workers will have a little more take-home pay when their contributions to the Central Provident Fund are reduced by one percentage point. At the same571 words
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Article, Illustration79 1988-04-30 24 PRIME Minister Lee Kuan Yew looks on as Mrs l„ee, like many a visitor, tosses a coin into the Trevi Fountain in Rome. Romantics say tourists throw coins for a personal wish and to ensure they return to Rome. Mr and MrsPicture by YOW YUN WOH. - 79 words
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Page 24 Advertisements
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Advertisement6 1988-04-30 24 Nikon Tha World Fmatt Photographic Systam6 words
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Page 24 Miscellaneous
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