The Straits Times : Weekly Overseas Edition, 1 July 1989
1989-07-01
1
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The Straits Times : Weekly Overseas Edition
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Title Section20 1989-07-01 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, JULY 1, 1989 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 42/8/8820 words
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437 1989-07-01 1 LEONG CHAN TEIK - ‘Alternative sources are there’ By LEONG CHAN TEIK A THAI move to restrict and, in 1991, ban its nationals from working overseas is unlikely to have much impact here. In making this assessment, local contractors said they can rely on other traditional sources of437 words
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627 1989-07-01 1 TAN LIAN CHOO - By TAN LIAN CHOO Bangkok Correspondent BANGKOK A Thai Foreign Ministry spokesman issued a public call on Thursday through the mass-circulation Thai Rath newspaper urging angry Thais to exercise restraint, and refrain from making threats to the Singapore Embassy. Dr Prachyadavi627 words
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121 1989-07-01 1 A BLOCK of 50 million Selangor Properties shares belonging to the company's chairman, Tan Sri Da to Dr Wen Tien Knang, was sold through Singapore stockbroker Kay fflan James Capel Pte Ltd after the close of trading on the Singapore stock market on Thursday. The121 words
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Article, Illustration100 1989-07-01 1 MRS MAVIS OEI, daughter of Malaysian hotelier Tan Sri Khoo Teck Puat, leaving the Singapore subordinate courts on Tuesday after being charged with two counts of contravening the Residential Properties Act in connection with the purchase of two properties In Scotts Road and Cairnhiil100 words
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162 1989-07-01 1 A WOMAN and her three children aged one, four and six, were found sprawled dead in a bedroom of their Woodlands flat last night. Police found several bottles which are believed to have contained poison in the kitchen. Vomit was also162 words
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Page 1 Advertisements
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Advertisement70 1989-07-01 1 HK looks to Britain tor ‘insurance Page 13 INSIDE 200 held in anti-vice raid on hotel PAGE S GPCs have made MPa more informed about Govt: Chok Tong PAGE 2 Five killed when car plunges into S'pore River PAGE 4 Major ganja pipeline for Malays smashed PAGE 8 CAUSEWAY PAGES70 words
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Advertisement10 1989-07-01 1 ki.™ iSLiuA-YJM-f iiMii' 'I N. ooccc siimitli;' Peace of mind.10 words
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HOME
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Article, Illustration804 1989-07-01 2 BERTHA HENSON - By BERTHA HENSON GOVERNMENT Parliamentary Committees have made MPs more knowledgeable about different aspects of Government and more assertive in Parliament. And this has resulted in better parliamentary debates. said First Deputy Prime Minister Goh Chok Tong, giving his804 words
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Article47 1989-07-01 2 KETCHUP seller Lee Tiong Kang. 38, who urinated in a lift taking him to his HDB flat, was fined $9OO this week He was trapped when the smell of urine activated the electronic device which jammed the lift. He pleaded guilty47 words
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Article, Illustration324 1989-07-01 2 FOREIGN Affairs and Community Development Minister Wong Kan Seng reiterated last Sunday that the Government valued the feedback from grassroots organisations although at times it had to act against popular opinion to create a better society for all. He said the Government hopes that324 words
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130 1989-07-01 2 THE Government Parliamentary Committee on Education will be the first GPC to hold a public hearing when it conducts a session to get feedback on the teaching of religious knowledge in schools next Thursday. TTie session will focus on the Education Ministry's current review of130 words
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Article, Illustration394 1989-07-01 2 A NEW team took over the reins of leadership in the opposition Singapore Malay National Organisation after a heated contest for key positions at its biennial election last Sunday. Party president Ibrahim Ariff, 43. a businessman, who became party leader in 1985, was394 words
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166 1989-07-01 2 A MALAY opposition politician said the protest lodged by Chinese Singaporeans against the Beijing authorities for the massacre of student demonstrators was clear evidence of their sense of solidarity with the people in China. Sixteen National University of Singapore students delivered166 words
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Article164 1989-07-01 2 MENDAKI 11, the proposed body to tackle the socio-economic problems of the Malay community, has been registered. An official of the Registry of Companies and Businesses said yesterday that the organisation had been registered on Wednesday as a company limited by guarantee. This means that the company164 words
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Article, Illustration182 1989-07-01 3 PRESIDENT Wee Kim Wee made one of his rare public appearances last week since he underwent surgery early in the year. He was the guest-of-honour at a dinner to honour those who co-operated with the police during the year and helped in182 words
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Article, Illustration886 1989-07-01 3 SINGAPORE’S financial sector is poised to be the leading growth sector this year, with the offshore market providing the greatest potential for growth, Mr J.Y. Pillay, Managing Director of the Monetary Authority of Singapore, said on Wednesday night. Speaking at886 words
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Article97 1989-07-01 3 the cowboys. Now try the Indians.” — ALAN HUBBARD - the cowboys. Now try the Indians.” ALAN HUBBARD. THE CURRENT debate about the possible influx into Britain of about three million refugees from Hongkong inevitably has prompted a spate of jokes mainly good-natured about Britain’s growing Asian community. For instance: Why do Asian immigrants never make good97 words
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258 1989-07-01 3 FORMER Internal Security Act detainee Chia Thye Poh, who was released to Sentosa island last month after a 22-year detention, has rejected a government job offer which pays $9OO a month. He has instead opted to work four hours every morning,258 words
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344 1989-07-01 3 AT LEAST $2.6 billion worth of construction projects are expected to be awarded between April and the end of the year, the Construction Industry Development Board said in a report this week. This follows the hive of activity seen in the first quarter which344 words
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91 1989-07-01 3 RESIDENTS of Cheng Hong Mansion who were evacuated from the condominium last year can go home this month. The management corporation council of the condominium informed residents this week that the Development and Building Control Division was satisfied with the repairs carried out there91 words
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Article172 1989-07-01 3 A HONGKONG lounge manager who retained US$lO,7OO (about S$21.000) worth of stolen traveller’s cheques was arrested after he used a forged passport to cash some of the cheques at a Singapore hotel, a district court heard recently. Lui Kam Wah, 29, a Hongkong resident,172 words
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Article, Illustration333 1989-07-01 4 Birthday party ends in tragedy FIVE PEOPLE, including a woman who was to have celebrated her 20th birthday on Monday, died when the car they were travelling in plunged into the Singapore River last Saturday. Divers from the SAF's333 words
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214 1989-07-01 4 MORE than 1,600 top executives from oil and oil-re-lated industries around the world are expected in Singapore in September to take part in a week-long series of oil conferences. Singapore Oil Week, to be held from Sept 7 to Sept 15, will214 words
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139 1989-07-01 4 KIDNEY dialysis patients will now bo able to use their Medisave to pay for part of their treatment. The Medisave scheme will be extended to patients on haemodialysis, home dialysis and those on continuous ambulatory peritoneal dialysis at approved hospitals and dialysis centres.139 words
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513 1989-07-01 4 PARENTS of students who arc planning to pursue university degrees should ask themselves whether what their children study will be what employers want. Asking the students themselves to think about this too, the Senior Minister of State for513 words
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309 1989-07-01 4 THE proposed change in the financing of tertiary fees for Malays received a "mixed reaction” from participants at a discussion organised last week by the Malay cultural and social organisation, Majlis Pusat. Speaking to reporters after the closed-door forum, the309 words
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Article220 1989-07-01 4 THE Consumers’ Association of Singapore has identified four hawker centres which sell the cheapest food. They are located in Block 16, Bedok South Road; Block 115, Bukit Merah View; Block 29, Bendemeer Road and Block 108,109 Depot Road. Its survey, involving 99 cooked food centres, also revealed220 words
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92 1989-07-01 4 NINE bodies, including those of three children, have been recovered by Marine Police in Singapore waters since last Thursday. Police believe the bodies, some of which were without heads or limbs, were those of passengers of an Indonesian boat which capsized92 words
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282 1989-07-01 5 DAVID MILLER - 134 Thai women among those held By DAVID MILLER IN ONE of the largest raids on prostitution and seeret sneiety aetivities this year, 200 suspeets, ineluding 134 Thai women, were arrested at a hotel in N'ewton Road. The raid last Friday at the282 words
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Article, Illustration572 1989-07-01 5 Brain drain ‘isn’t always a loss- it could turn out to be a brain gain’ SINGAPOREAN students and scholars who study abroad, come home, find themselves unsettled, and then emigrate, should not be regarded as losses to the republic For this ebb-and-flow is a dynamic situation and one from which572 words
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Article, Illustration292 1989-07-01 5 THE man in the picture is being sought by the police to help investigations into a case where a housewife was cheated of $5,000. Madam Tay Tai Liao, 65, told police she paid the money for a "magic stone”292 words
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Article143 1989-07-01 5 A 29-YEAR-OLD Singaporean man has died from Aids, bringing the number of deaths to eight since the first case here was identified in 1985. It is not knowm when or where this latest death occurred, but the victim, an unmarried man, was first diagnosed as143 words
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Article15 1989-07-01 5 PARLIAMENT will sit at 12.30 pm on July 11, the Clerk of Parliament announced.15 words
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Article, Illustration258 1989-07-01 5 DETAINEE Vincent Cheng, who played a key role in the Marxist conspiracy that saw the arrest of 22 people in 1987 under the Internal Security Act, has filed a writ of habeas corpus challenging his detention. The writ was filed last Wednesday258 words
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113 1989-07-01 5 A DOCTOR in private practice who was found guilty of taking advantage of the mental and emotional state of a patient by having sex with her is to be struck off the register by the Singapore Medical Council. The council has ordered113 words
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371 1989-07-01 5 THE Singapore Federation of Chinese Clan Associations is launching its most ambitious annual programme ever and a major project includes the compiling of a Who’s Who of Chinese in Singapore since Raffles landed on the island in 1819. A group of researchers will work on371 words
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Article, Illustration578 1989-07-01 6 ELAINE KOH - By ELAINE KOH, in Business Times MAVIS OEI, the 42-year-old daughter of fugitive tycoon Khoo Teck Puat, was charged on this week on two counts of contravening the Residential Properties Act. Oei, a director of Goodwood Park Hotel, is believed to578 words
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342 1989-07-01 6 IN A BID to widen the pool of skilled manpower in the retail sector, the Skills Development Fund has allocated $lO million to subsidise the training of 10,000 retail assistants over the next five years. The new training scheme, which will have342 words
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135 1989-07-01 6 A woman hotel accountant was charged this week with wrongfully confining a man in a hotel room to extort a confession from him. Lim Peck Oon, 31, formerly with the Orchard Hotel, is said to have been with two other hotel staff135 words
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288 1989-07-01 6 AN offer for sale of 35 fruit orchards in Johor were all snapped up by Singaporeans within 80 minutes. A spokesman for Debenham Tewson City Valuers, the property consultants who handled the sale for Malaysian company Narcissus Farm and Resort Sdn Bhd.288 words
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99 1989-07-01 6 ELEVEN Singaporean holiday makers injured when their tour bus crashed into the rear of a moving trailer on the Seremban-Kuala Lumpur highway early on Tuesday morning. All were discharged after treatment. The Thai tour guide, Prasert Nirooktisard, was killed and firemen had99 words
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Article, Illustration343 1989-07-01 6 LISA KONG - By LISA KONG PLANS for the Asian Youth Orchestra’s rehearsal camp in Shanghai and performance tour this year have been suspended, and new arrangements are being made for 1990 instead. “I have been advised by the Ministry of Culture in Beijing that it343 words
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Article49 1989-07-01 6 LAWYER Ong Ker Seng. 41. pleaded not guilty in a magistrate court on Thursday to a charge of gambling with 21 other people in a flat in Mount Elizabeth. The others pleaded guilty but disputed the facts of the case and their pleas were rejected.49 words
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Article, Illustration184 1989-07-01 7 DURIAN lovers worried about the tough enforcement of laws prohibiting the carrying of durians in MRT trains have been asking vendors to open the fruits and pack the fleshy seeds into styrofoam boxes. Though whole durians are not allowed into the stations, there is184 words
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556 1989-07-01 7 ONG MING SEING - By ONG MING SEING Washington UNITED States Vice-Pres-ident Dan Quayle has said that Singapore Prime Minister Lee Kuan Yew and Indonesian President Suharto have a “very shrewd and realistic appreciation” of the Soviet threat in their region. Speaking at the Heritage556 words
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Article, Illustration420 1989-07-01 7 RSS VICTORY, the Republic of Singapore Navy’s first missile corvette, will be fully operational next year, according to the Second Minister for Defence (Policy) Dr Yeo Ning Hong. Dr Yeo. who is also the Minister for Communications and Information, said this420 words
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Article181 1989-07-01 7 AN ACCOUNTS supervisor of a travel firm misappropriated nearly $260,000 belonging to the company to help her boyfriend solve his financial difficulties, a district court was told last week. Lee Poh Choo, 28, who was then an accounts supervisor with Lotus Travel in Hong Leong Building,181 words
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Article225 1989-07-01 7 LONDON New Zealand will continue to operate a military intelligence unit in Singapore after the NZ Force South East Asia pulls out over the next two months, according to the Jane’s Defence Weekly. The London-based military weapons weekly reported in its latest issue that the225 words
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Article65 1989-07-01 7 ICE-SKATING, a craze almost 15 years ago, has made a comeback in Singapore. The Fuji Ice Palace, located at the former Rex Cinema in MacKenzie Road, has started off with a bang, attracting large crowds, many of whom seem quite adept at keeping their balance on65 words
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475 1989-07-01 8 Development charge system change deferred FOLLOWING a closed-door meeting this week with building industry professionals, the Government has derided to defer implementing its revised system of computing development charges. Instead, it will allow the present system to run in parallel475 words
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471 1989-07-01 8 SHARON LIM - 13kg of cannabis seized, four arrested By SHARON LIM A MAJOR drug pipeline, supplying cannabis exclusively to local Malay addicts. was smashed by Central Narcotics Bureau officers on Wednesday. With this, authorities believe that they have cut the supply of cannabis commonly known as471 words
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Article, Illustration134 1989-07-01 8 MR Y.K. WOO’S shop in Chinatown came by its unusual name by taking its customers’ words to heart. Originally going by the prosaic Thong Sun Trading, the shop decided to change its name to Why So Cheap when customers kept asking why134 words
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Article48 1989-07-01 8 OUTGOING US Ambassador Daryl Arnold paid a farewell call on Mr S. Chandra Das. chairmnan of the Government Parliamentary Committee on Defence and Foreign Affairs, yesterday. Mr Arnold will be succeeded by former Indiana Governor Robert D Orr, who will arrive next week.48 words
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Page 8 Advertisements
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Advertisement238 1989-07-01 8 wp *L. Tlie Straits Times 9JS allaik nußA****. IMtiMi «rtlAO OVl«M*fc f©»T*o» Now, keeping in > touch with what's 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 lightweight238 words
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across the CAUSEWAY
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Article, Illustration861 1989-07-01 9 KALIMULLAH HASSAN - Five Spirit of ’46 ex-Umno MPs vote with opposition By KALIMULLAH HASSAN KUALA LUMPUR The Dewan Rayak (Parliament) on Monday passed amendments to its Internal Security Act which put beyond judicial review any detention order issued by the Home861 words
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345 1989-07-01 9 IN introducing the Bill last Friday, the Prime Minister said the powers of the courts to review detention orders under the ISA had to be removed so that the government could carry out its responsibility of maintaining national security. He345 words
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199 1989-07-01 9 KUALA LUMPUR Malaysian police have dropped all conditions attached to the release of the final batch of 15 Internal Security Act detainees arrested in 1987, the Nanyang Siang Pau (Malaysia) reported. About 106 people, including politicians and academics, were arrested199 words
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Article, Illustration688 1989-07-01 9 ISMAIL KASSIM - Teluk Pasu by-election By ISMAIL KASSIM: Kuala Trengganu THE victory of the Islamic United Front (Angkatan Perpaduan Ummah), led by former Trade and Industry Minister Tengku Razaleigh Hamzah, in last Saturday’s Teluk Pasu by-election could turn out to be a watershed688 words
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Article, Illustration887 1989-07-01 10 Kalimullah Hassan - Granting of audience sign of breakthrough in relations By Kalimullah Hassan Writing for The Straits Times KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad has urged Kelantan Umno leaders to stop their confrontation with the palace and to work towards improving887 words
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83 1989-07-01 10 Bemama. Kl ALA LUMPUR City Hall will implement a monorail transport system by 1993 to overcome traffic congestion In the city. The project, costing MSI4B million (Ssl9s million), was approved by the Cabinet to replace the aerobus project which failed to take offBemama. - 83 words
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315 1989-07-01 10 Bemama. GENTING HIGHLANDS The ever-growing ranks of the educated unemployed is a reflection of the gross shortcomings in Malaysia’s education system, Education Minister Anwar Ibrahim said on Monday. "It would appear that we are producing graduates for jobs that are notBemama. - 315 words
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Article86 1989-07-01 10 Bemama KUALA LUMPUR Malaysia’s population grew by an average of almost half a million people each year during the first half of the Fifth Malaysia Plan. The population stood at 17.1 million last year, compared with 15.9 million in 1985, recording an average annual growth rateBemama - 86 words
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Johor’s State Assembly
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477 1989-07-01 10 Bemama. JOHOR BARU A Johor state assemblyman has criticised the Singapore Government's “half-tank" rule while another said Malaysia should be firm with the Republic in resolving the claim over Horsburgh Lighthouse. Addressing the State Assembly last Sunday, Mr Mohamed Aziz said that, asBemama. - 477 words
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Article199 1989-07-01 10 Bernama. JOHOR BARU Johor Mentri Besar Tan Sri Muhyiddin Yassin told the state assembly on Monday it would be wrong to say that a proposal for a bridge between Singapore and Johor had been dropped. Replying to an opposition assemblyman, Mr S. K. Song, TanBernama. - 199 words
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Article72 1989-07-01 10 NST. PENANG Five brothers from the Shjuunugam family will make history In Penang and probably In the world, when they get married on the same day July. They are Gopalakrfshnan, 35; Rajenthlran, 34; Elilvljlyaa, 33; Ulaganathan, 31, and Vljalnthlran, 39. Their mother, MadamNST. - 72 words
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CAUSEWAY/ASEAN
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NEWS FOCUS
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Article, Illustration1101 1989-07-01 11 KALIMULLAH HASSAN - Law seminar on full court use of Bahasa By KALIMULLAH HASSAN, writing for The Sunday Times KUALA LUMPUR Participants at a law seminar on the use of the national language in the Malaysian legal system are agreed1,101 words
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855 1989-07-01 11 YANG RAZALI KASSIM - By YANG RAZALI KASSIM: lakarta Correspondent The downfall of the reformists like Zhao Ziyang has left a big question mark on Beijing’s commitment to its moderate course. While such an uncertainty does not worry pro-normalisation ministers like (State Secretary) Murdiono and855 words
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COMMENT/ Pick of the week’s editorials
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Article592 1989-07-01 12 JUNE 30. 1988 IT NEVER fails to warm the hearts of many Singaporeans to read about the success story of a local company which has made its mark in international business. Readers of this newspaper were treated to two such stories over the past week. First,592 words
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Article643 1989-07-01 12 JUNE 29. 1989 EDUCATION in Singapore has always been a major concern of the Government and one on which it devotes a great deal of energy and resources. That is hardly surprising given that manpower is its only natural asset. With the announcement by Education Minister643 words
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Article677 1989-07-01 12 JUNE 26. 1989 ADULTS checking into hotels without the knowledge of their families suggest many a naughty possibility. A wink and knowing smile would normally greet these occasions. But when students do it, even if their numbers are small, it is the beginning of a social677 words
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651 1989-07-01 12 BETWEEN US IX) you know that there stands out, from among the 55 Justices of the Peace (JPs) in Singapore, a veteran banker and his wife who are probably the only JP couple in this pari of the world? Can you name651 words
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Article190 1989-07-01 12 “Women have grown op on the Western ideals of love and romance, and they are looking for a knight in shining armour, someone who know how to behave in social drcles...Men have a long list of criteria. Not only do they want a virgin, they also want a190 words
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COMMENT/ Perspective
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Article, Illustration1642 1989-07-01 13 Catherine C. Ong - By Catherine C. Ong Hongkong Correspondent With their confidence in the post-1997 future of Hongkong shattered by the events in China, the clamour of the day in the British crown colony is for1,642 words
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TIME$
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Article, Illustration455 1989-07-01 14 LOONG SWEE YIN - By LOONG SWEE YIN SINGAPORE multinational Wearne Brothers has joined an exclusive international “club” of 66 companies described by a leading US financial daily as “Companies for the Future”. It is the only Singapore company to make it to the list455 words
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471 1989-07-01 14 GENEVIEVE CUA SINGAPORE'S total trade has continued to grow, but overall, the performance up to May was relatively lacklustre as the growth rate was less than half that of the same period last year. Figures released by the Trade Development Board (TDB)471 words
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344 1989-07-01 14 pany said. Business Times. YEO HUP SENG Ltd is not prepared to disclose the name of the third party in its recent US$52 million North American investment undertaken jointly with Temasek Holdings (Pte) Ltd. Thus third party holds the right of firstpany said. — Business Times. - 344 words
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Article63 1989-07-01 14 THE Stock Exchange of Singapore (SES) has rejected the application of contractor Lum Chang Holdings to spin off a group of its property and investment subsidiaries into a separate listed company. In a brief statement issued on Wednesday evening, Lum Chang added: “The company has63 words
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425 1989-07-01 14 SHARON LAU - By SHARON LAU HUME Industries (M) Bhd has decided to drop its controversial takeover bid for Multi-Purpose Holdings Bhd, made at what could have been the highest price in Malaysian corporate history M 51.13 billion (SsBl3 million). Hume’s adviser. AseamBankers Malaysia, on Monday425 words
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182 1989-07-01 14 SINGAPORE Land Ltd chairman S. P. Tao, who was engaged in a protracted exchange with the Stock Exchange of Singapore last month, has increased his stake in Singled to 20.2 per cent. Singland said on Wednesday that Mr Tao now has182 words
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Article128 1989-07-01 14 Bernama. FORMER executive vicechairman of Bandar Raya Development Berhad, Datuk Choo Ching Hwa, was freed last w'eek by the sessions court in Kuala Lumpur without his defence being called on criminal breach of trust charges involving a total of Ms 9 million. Also freed without hisBernama. - 128 words
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155 1989-07-01 14 Jack ChiaMPH sells Leisure Drome for $8m profit JACK CHIA-MPH Ltd has sold its Leisure Drome entertainment complex for $33 million, reaping a profit of $8.35 million. The diversified book seller with interests ranging from property development to pharmaceutical products was luckier in its second attempt to sell the development155 words
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209 1989-07-01 15 HAVING failed to break the one billion dollar mark in group after-tax profits for the financial year just ended, Singapore Airlines is hopeful that it will he able to achieve the target for the current year. Said chairman Y Plllay in SlA’s latest annual209 words
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Article, Illustration270 1989-07-01 15 THE MP for Cheng San Group Representation Constituency, Mr S Chandra Das, has been appointed the new chairman of Jurong Shipyard Ltd. He takes over from Mr Chee Keng Soon, who will continue as deputy chairman. Mr Chee. who is the Au-ditor-General,270 words
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445 1989-07-01 15 JOHN TAN - By JOHN TAN in Business Times LISTED lnno-Pacific Holdings. with already a stake in poultry farming in China, is close to finalising a massive poultry project worth more than $2OO million with the Chinese government. The company, which operates Kentucky Fried Chicken445 words
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Article575 1989-07-01 15 APPROVED ISSUES Company RIGHTS ISSUE Chuan Hup One for two unsecured floating rotes notes with one T$R ot $1 05 oer shore Ex date June 9 Books close June 21 Acceptance Payment; NYA Hotel Prop One *0' two $1 10 per share with one detachable warrant Ex575 words
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Sharemarket review
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636 1989-07-01 15 AFTER a lethargic start, the Singapore stock market suddenly became very much alive in midweek, and the Straits Times Industrials Index soared to a new 1989 high of 1,315.29 points on Thursday before Wall Street's overnight plunge of 46.47 points set prices636 words
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Article144 1989-07-01 15 Bemama. KUALA LUMPUR United Engineers (M) Bhd (UEM) reported a hefty 348 per cent increase in group pre-tax profit to M 59.891 million (557.082 million) for the three months ended March 31 this year against M 52.209 million in the 1988 corresponding period. It said inBemama. - 144 words
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Article6631 1989-07-01 16 Al shares quoted have a par value of SI, unless otherwise specified. Adjusted for scrip/rights N .Tai-eiempted dividend P/E ratios and gross yields of foreign shares are adjusted for currency differences. Trustee stocks under CPF Approved Investment Scheme, t Margin stocks. ABN is traded in lots of6,631 words
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Article731 1989-07-01 17 Friday June 30 HKS Amoy Properties 2 45 *0 025 Asia Sec Int'l 1 68 *009 Asia Sec War 91 043 unch Bank ot EA 13 50 unch Bond Corp Int'l 1ST -0 02 Bond Corp War 91 0 385 -0 01 Cable Wireless 58 37 Cafe de Coral731 words
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Article278 1989-07-01 17 Manager's prices for July 1 3 Singapore Unit Trust The Commerce The Savings Fund S pore Prog Fund Spore Sec Fund S pore Invest Fund Spore Equity Fund 111-118*d 1 00-1 06 0 45—0.49 0 75-0 80 0.79 —0 84xd 054-0.58 Asia Unit Trust Mai Invest Fund Mai278 words
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Article60 1989-07-01 17 THE Straits Times Industrials Index rose 17.38 points on the week to 1,307.67 points. Dav-to-dav indiees: MONDAY: 1,387.38 (down 3.71); 76.46 m units (valued $01.13m); TI'ESDAY: 1,301.62 (up 4.04); 87.76 m units ($133.0m); WEDNESDAY: 1,308.44 (up 16.83); 144.03 m unite ($180.6m); THI'RSDAY': 1,315.20 (Op 6.85); 163.57 m60 words
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Article60 1989-07-01 17 THE New Straits Times Industrials Index rose 13.31 points on the week to 3,368.42 points. MONDAY: 3,351.01 points (down 4.10); 18.603 m unite (value M536.486m); TI'ESDAY: 2,252.50 (up 1.40); 31.001 m unite (M537.317m); WEDNESDAY: 2,253.74 (up 1.24); 33.614 m unite (M557.513m); THI'RSDAY: 2,281.36 (up 27.62); 37.801 m60 words
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Article47 1989-07-01 17 THE Hongkong Hang Song Index roue 54.91 point* to 2,973.91 on MONDAY: 2,299.57 points (np 47.57); turnover HK1789.91 million; TUESDAY: 2,232.95 (down 33.92); HK5559.45 million; WEDNESDAY: 2,245.95 (op 12.49); HK9592J4 million; THURSDAY: 2,275.32 (up 39.27); HK5599.79 million; FRIDAY: 2,273.91 (down 1.41); HKSS3S million.47 words
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427 1989-07-01 18 CHOW CHEE SUN - By CHOW CHEE SUN CONFIRMING market rumours which were rife on the stock exchange last Friday, United Overseas l .and Ltd has announced a renounceable l-for-2 rights issue at $1.50 a share. Based on UOL's issued capital of 251.95427 words
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526 1989-07-01 18 Bernama. KUALA LUMPUR The operators of the Kuala Lumpur Merlin Hotel have obtained an injunction from the High Court here to stop Faber Merlin Malaysia Bhd from taking control of the hotel. Besides the injunction, Kuala Reman Estates Bhd and HotelBernama. - 526 words
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Article152 1989-07-01 18 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar 1 9505 1 9695 Sterling pound 2.9952 3.0478 Australian dollar 1 4535 1.4929 Canadian dollar 1 6243 1.6530 NZ dollar 1 0790 1.1128 Singapore dollars to 100 units of foreign currency Austrian schilling152 words
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165 1989-07-01 18 DAMIEN LIM - DAMIEN LIM. PROPERTY and trading group United Industrial Corporation (UIC) has been stumped again in its bid to buy up a piece of property in Malaysia. The Singapore group and Dragon Phoenix Bhd (D&P) the Kuala Lumpur-listed associate of Singapore’s Wing165 words
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77 1989-07-01 18 OCBC chairman Yong Pung How stepped into a new role today as a Singapore High Court judge. The lawyer-turned-banker, 63, was guest of honour at a farewell dinner given by the bank last night, at which he was presented with a77 words
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Article460 1989-07-01 18 Week ended June 23 Compiled by Juliana Tay AUDITED RESULTS Company Year to Group Net Net earnings Gross profit/loss (L) per share dividend (’000) (cents) Dayopt Ind Dec 88 M)5 1741 ($9,***** —1— Hexza Corpn Jon 89 M)4 880()2 870) 4 6(4 lo) 7(5 4a) Jocks lot Jon460 words
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413 1989-07-01 18 Business Times. BRUNEI’S Foreign Minister. Prince Mohamed Bolkiah, has increased his stake in QAF Limited, a listed food-based group which last week announced a much-improved set of full-year results. The purchase has thrown up a number of questions, among them the identityBusiness Times. - 413 words
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Article, Illustration373 1989-07-01 19 DOREEN SIOW - By DOREEN SIOW JEWELLER Regina Wong has decided not to appeal against the Stock Exchange of Singapore's rejection of her company’s application for a listing on the junior board, Sesdaq, In an interview with The Straits Times yesterday, Ms Wong, who is managing373 words
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Article, Illustration378 1989-07-01 19 SHARON LAU - By SHARON LAU OVERSEAS Union Enterprise (OUE), which owns the Neptune Theatre and Nightclub on Singapore's waterfront, is buying the neighbouring shopping block and overhead bridge shops known as Change Alley Aerial Plaza in Collyer Quay. At a price tag of $2l378 words
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90 1989-07-01 19 KUALA LUMPUR The anti-palm oil campaign in the US by the American Soybean Association (ASA), the National Heart Savers Association (Nahsa) and other organisations has reduced Malaysian palm oil exports there, Primary Industries Minister Datuk Seri Lim Keng Yalk said this week. Replying to90 words
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Advertisement735 1989-07-01 19 REACH SINGAPORE FROM HOME To advertise, contact our representatives below: MALAYSIA: The New Straits Times Press (M) Bhd 31 Jalan Riong, Kuala Lumpur ***** Tel: *****44 Cable New Times' Tlx- MA ***** Fax 03 *****34 U.K.: Mr John Armour/Mr R Ramesh The Straits Times Press (London) Ltd 102-106 Temple Chambers.735 words
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FORUM
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The Tiananmen killings: More views from readers
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1164 1989-07-01 20 ALMOST everything that has been said so far about the killings in Tiananmen Square is unmistakenly aimed at condemning the Chinese government. It is normal for us to cry: ‘‘Oh, how cruel and inhuman!”. However,1,164 words
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465 1989-07-01 20 MANY Western countries have been quick to condemn China for the tragedy that took place in Tiananmen Square. They have taken upon themselves a sense of moral superiority which they can hardly live up to in their own countries. These465 words
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343 1989-07-01 20 I WISH to express my strong disagreement with Miss Ang Sue San (ST, June 21 Overseas Edition, June 24). Miss Ang said that “we did not witness with our own eyes that many people were gunned down”, which is, of course, true.343 words
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219 1989-07-01 20 I REFER to the letter by Mr Alfred Goh (ST, June 21). I think the letter shows his ignorance of the historical perspective of China. In 1898, when the imperialist powers (including Japan) were carving up China into their respective spheres of influence in the219 words
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Article175 1989-07-01 20 FROM July 1, we will consider for publication only letters from readers who will use their own names, instead of a pseudonym or initials. We will, however, consider waiving the rule in exceptional circumstances, such as when identification is likely to pose a very real threat175 words
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Article106 1989-07-01 20 “A CHINESE Singaporean” (ST, June 13) in his analysis on the China crisis states that strong-arm tactics by Mr Deng Xiaoping to preserve peace are not wrong. I am sure there are many ways to preserve peace, including using strong-arm tactics. But those "strong-arm tactics” used by the106 words
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Page 21 Advertisements
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Advertisement617 1989-07-01 21 APPOINTMENTS THE WINNING TEAM IN SINGAPORE is seeking WAFER FABRICATION PROFESSIONALS With leading edge technologies dedicated to excellence in 1C design application, wafer fabrication and assembly test and spearheaded by a young and aggressive international team, SGS-THOMSON Microelectronics is poised to win the semiconductor race. Our modern cleanroom environment (class617 words
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Page 22 Advertisements
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Advertisement1253 1989-07-01 22 APPOINTMENTS ST. ANDREW’S JUNIOR COLLEGE invites applications for the appointment of PRINCIPAL Qualifications: Christian and Singapore Citizen. Trained graduate teacher with at least 8 years of experience at preuniversity and upper secondary school level and a minimum of at least 2 years’ experience as viceprincipal of a secondary school/ junior1,253 words
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TIMESPORT
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Article, Illustration579 1989-07-01 23 Young Lions open campaign tomorrow WITH the return of coach Jita Singh from Pahang after a five-year absence, Singapore are proving to have a strong stake in this year’s Malaysia Cup soccer tournament, which starts tomorrow. And they have a chance of579 words
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Article141 1989-07-01 23 (or the Cop itself. from WKKKKNDeast. THK Malaysia Cup turns semi-professional this year, with the introduction of two divisions plus a knockout tournament for the Cup. The main competition is known as the Semi-Pro liraKue. The 11 teams In the competition are divided into(or the Cop itself. — from WKKKKNDeast. - 141 words
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Article, Illustration278 1989-07-01 23 THE debut of Singapore’s two foreign imports Boris Lucic and Josko Spanjic in the Republic’s opening match against Pahang is severely threatened by the return of striker D. Tokijan and the splendid form of D. Devaraj. The Tokijan-Devaraj striking combination has yielded better278 words
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Article, Illustration393 1989-07-01 23 PETER KHOO - ATHLETICS by PETER KHOO HARON Mundir reacted with tears, but will not give up running despite his 18month ban by the Singapore Amateur Athletic Association for aborting his Japan training stint in April. The 26-year-old was shocked at the suspension. Said Haron in hisPicture by LESLEY KOH. - 393 words
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375 1989-07-01 23 WHEN a team decide to do away with the services of still active and talented footballers, it must be for obvious reasons. The new players must be of better quality than those replaced. This is the case with Pahang, who surprisingly terminated the375 words
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Article, Illustration249 1989-07-01 23 LEE WAI MUN - BOWLING by LEE WAI MUN FORMER top youth bowler, Jeremy Fang, proved he has successfully graduated to the senior ranks by capturing the Hongkong Open title last Sunday. The 23-year-old, who skipped last week’s national championships at home to compete in the colony,249 words
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Article, Illustration766 1989-07-01 24 Catherine C. Ong - Parties eyeing Stanchart Building include Sir Y KPao By Catherine C. Ong Hongkong Correspondent HONGKONG Singapore's property sector can expect multi-million-dollar purchases from Hongkong companies in the coming months as declining real estate prices here drive investors to markets with766 words
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396 1989-07-01 24 ‘Lucky’ 8888 but will Lot 8888 be lucky? Reuter HONGKONG The sale next month of a site adjacent to the soaring Bank of China building will give a clear signal of Hongkong’s economic health in the wake of Beijing's military crackdown,Reuter - 396 words
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Article, Illustration460 1989-07-01 24 KENNETH JAMES - By KENNETH JAMES KUALA LUMPUR Malaysia’s Dewan Rakyat on Wednesday passed a wideranging financial Bill which, among other provisions, will require foreign banks to incorporate lyBut Finance Minister Datuk Paduka Daim Zainuddin, who tabled the Bill, gave an assurance that460 words