The Straits Times : Weekly Overseas Edition, 12 February 2000
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2000-02-12
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The Straits Times : Weekly Overseas Edition
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Title Section19 2000-02-12 1 The Straits Times Weekly Edition Saturday February 12, 2000 Price: S$ 1.20 (in Singapore) Elsewhere only y MITA 074/08/9919 words
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Article, Illustration68 2000-02-12 1 Fire destroyed a wet market at Kebun Barn Mall, in Ang Mo Kio Avenue 1, earlv on Tuesdav morning, affecting more than 140 stallholders. The flames gutted at least 74 of the 168 stalls. Only two or J three rows at both ends of the market were68 words
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591 2000-02-12 1 TAMMY TAN - Richard Li’s Pacific Century CyberWorks emerges as bidder for Cable Wireless HKT ĕIL TAMMY TAN SINGAPORE Telecom’s marriage to Hongkong bride Cable Wireless HKT was suddenly in jeopardy yesterday, when a surprise new suitor emerged on the scene. After a flurry of speculative591 words
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238 2000-02-12 1 ELENACHONG - *L ELENACHONG A SENIOR Trade and Industry Ministry official was charged in a district court last week with two counts of molest. Deputy Secretary 7 (Trade) Tay Thiam Peng, 43, is also deputy chief executive officer of the Trade Development Board. He is believed to238 words
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Page 1 Advertisements
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Advertisement51 2000-02-12 1 Home Overnight Millionaires Nine people became instant millionaires, sharing the record prize of more than $ll million in the Millennium Hongbao Toto draw. page 24 Money Billionaire Boys' Club When Creative Technology's share price hit $39 last week, its chairman Sim Wong Hoo became a billionaire. page n ■V'W i51 words
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PRIME NEWS
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Article, Illustration659 2000-02-12 2 KARAMJIT KAUR; and TANKAHTIAN - Found naked and bloodied in a ravine, she may have been attacked by more than one man. She is now brain dead By KARAMJIT KAUR and TANKAHTIAN A 27-YEAR-OLD woman jogger was raped in Bukit Batok Nature ParK on bundav659 words
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Article, Illustration475 2000-02-12 2 YEOH EN-LAI - By YEOH EN-LAI THE park is a popular spot for those trying to get some exercise, because of its steep steps and generally-quiet surroundings. With two construction sites close to the park, workers also use the paths as a short cut to getC CHANDRADAS - 475 words
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Article, Illustration538 2000-02-12 3 BRAEMAMATHI - Defying festive belief. South Korean community turns out in force to mourn with thrice-bereaved man §!L BRAEMAMATHI MANY South Koreans set aside their New Year celebrations to rally around their friend Shyn Ho Kyung, who lost his wife and children in a road accident onAZIZHUSSIN - 538 words
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Article395 2000-02-12 3 EPNA KOH - ĔL EPNA KOH MORE than 27,000 Singapore Airlines Group staff could be eligible for share options. Shareholders will be asked at an extraordinary general meeting on March 8 to allow the group to offer share options to ail staff. If the go-ahead is given,395 words
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Article387 2000-02-12 3 M. NIRMAIA - Ĕ1 M. NIRMAIA A NEW $3-million mathemat-ical-sciences institute at the National University of Singapore (NUS) aims to make Singaporeans aware of the subject’s tremendous applications and thus help propel the country into the frontline of world technology. To jumpstart mathematics and make it more relevant387 words
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HOME
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Article, Illustration419 2000-02-12 4 KARAMJIT KAUR - The dead man was the sole breadwinner of a family with four children; police have arrested the lorry driver lor drink-driving KARAMJIT KAUR A LORRY driver pulled up on the slow lane of the Tampines Expressway on Wednesday and fell asleep, apparently drunk. Tragedy419 words
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457 2000-02-12 4 KOH BOON PIN - Bit KOH BOON PIN RUMOURS about the Government lifting measures to curb anti-speculatory property buys or introducing new regulations to discourage enbloc sales are unfounded, said National Development Minister Mah Bow Tan yesterday. He said: ‘There is no intention on the part457 words
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Article, Illustration313 2000-02-12 4 THE chief executive officer of TCS and chief operating officer of Media Corp, Mr Lee Cheok Yew, has quit amid talk of dissatisfaction over corporate moves. In confirming his resignation, MediaCorp’s spokesman Richard Tan said Mr Lee will leave in three months’ time after313 words
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Article, Illustration383 2000-02-12 5 JULYNKANG - The fire gutted at least 74 of the 168 stalls at Kebun Barn. Only three rows at both ends of the market were spared JULYNKANG FIRE destroyed a wet market at Kebun Baru Mall in Ang Mo Kio Avenue 1 early on Tuesday morning,JOYCE FANG - 383 words
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Article438 2000-02-12 5 CINDYLIM - *L CINDYLIM THE stallholders were back in force under tarpaulin tents yesterday, in the open courts next to the charred market. They seemed happy with the temporary arrangements and the fact that they could resume business so quickly. Some had opened shop the day438 words
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309 2000-02-12 5 CINDY LIM - *2. CINDY LIM STALLHOLDERS at the wet market may not have to pay rent until tne marKet is repaired or rebuilt. The Kebun Baru Citizens’ Consultative Committee has asked the HDB to waive the rent until then, CCC secretary 7 Lim309 words
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Article457 2000-02-12 6 SANDRA DAVIE - Top students can soon skip courses and graduate a semester ahead of others. The curriculum is being revamped By SANDRA DAVIE TOP-SCORING A-level students entering the National University of Singapore business school in July can skip up to eight courses and graduate a semester457 words
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Article, Illustration419 2000-02-12 6 SANDRA DAVIE - Si SANDRA DAVIE FIVE engineering students at the National University of Singapore are hoping to list their online IT magazine-publishing venture, HardwareZone.com, on the stock market even before they graduate. Undergraduates Lee Choon Yau, Eugene Low, Poh Swee Hong, Ang Chi Hoe andSOMA TAN - 419 words
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478 2000-02-12 6 AHMAD OSMAN - Si AHMAD OSMAN SINGAPOREANS may have some of their CPF savings set aside for their re-training if a proposal by the National Trades Union Congress (NTUC) is accepted by workers, employers and the Government. The NTUC has suggested that employers and workers put part of478 words
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Article, Illustration226 2000-02-12 7 WITH FIRST DRAGON BABY: Deputy Prime Minister Lee Hsien Loong, who was bom in the Year of the Dragon himself, cuddling the first Dragon baby bom at the KK Women’s and Children’s Hospital last Saturday. The healthy baby boy was bom to Mr Tan Chin Lam, 44,AZIZ HUSSIN; RANDY QUAN; LUIS ASCUI; GEORGE GASCON - 226 words
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Article, Illustration398 2000-02-12 8 LYDIA LIM - Singapore Institute of Architects hopes that one of the plans may convince URA to save the area Bit LYDIA LIM ARCHITECTS here are quietly adding their might in the fight to save the National Library building and Bras Basah park, and convince the Urban RedevelopmentDESMONDFOO - 398 words
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Article195 2000-02-12 8 PUBLIC response to a proposal by architect Tay Kheng Soon to save the library building has been muted. Last month, "Mr Tay sug-gested-the planned Fort Canning tunnel be re-routed so that it runs under Stamford Road instead of going beneath the library. He also said that195 words
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Page 8 Miscellaneous
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Miscellaneous1062 2000-02-12 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 6015 KHz (49M BAND) 6150 KHz (49M BAND) MONDAY 1100 News 1109 Business Market Report 1115 Arts Arena 1130 News 1135 Wired Up 1145 Newsline 1200 News/Weather (AsiaPacific) 1210 E Z Beat 1230 Business Market Report 1235 The Written Word1,062 words
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SPORTS
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Article, Illustration646 2000-02-12 9 SANTOKH SINGH - Some 35,000 fans watch the Lions beat their arch-rivals Malaysia in the Sing Tel Challenge Cup on Monday SOCCER SANTOKH SINGH THE Kallang Roar and its accompanying wave was back with full gusto as Singapore outplayed Malaysia 3-1 to lift the Sing Tel Challenge Cup lastJEROME MING - 646 words
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Article, Illustration320 2000-02-12 9 THE Football Association of Singapore will organise another international friendly this year. And it will probably be against a neighbouring national team. This follows the successful staging of the Sing Tel Challenge Cup between Singapore and Malaysia at the National StadiumJEROME MING - 320 words
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MALAYSIA
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Article, Illustration310 2000-02-12 10 A man slashed Miss Norhayati Salim, 26, on her face, almost chopping off her nose and leaving her scarred for life MALACCA Miss Norhayati Salim s dream of Decoming an actress was dashed when a man ran amok and slashed her on the face, narrowlyTHE SUN - 310 words
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429 2000-02-12 10 -AFP KUALA LUMPUR Malaysia announced on Thursday a RM3OO-million (Ssl33-mil-lion) fund to help ethnic Malays survive in business. Analysts described the central bank fund as a “necessary lifeline” following the Asian economic crisis. Bank Negara Malaysia gov- ernor, Mr Ali Abul Hassan Sulaiman, said the-AFP - 429 words
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286 2000-02-12 10 PENANG Taunted and cheered on by a crowd, a 45-year-old man jumped 15 m to his death from the roof of an abandoned school in Jalan Sultan Ahmad Shah on Wednesday. The man, identified as Lim Sooi Chung, from Bedong, Kedah,286 words
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Article, Illustration269 2000-02-12 10 The Star/Asia News Network, Bernama Bernama IPOH A navy recruit, charged witn grievousr hurting a six-vear-old girl opulling her large intestines out tnrough ner rectum, wa., sentenced on Tuesday to 18 years' jail and 20 strokes o tne cane Perak Sessions Court Judge Sarala PiliaiThe Star/Asia News Network, Bernama; Bernama - 269 words
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SOUTH-EAST ASIA
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Article, Illustration487 2000-02-12 11 Top generals also put pressure on the defiant former military commander to step down quickly Reuters, AP, AFP JAKARTA Indonesian President Abdurrahman Wahid yesterday warned his defiant former military commander General Wiranto that he could be suspended if he refused toReuters,; AP,; AFP - 487 words
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387 2000-02-12 11 -AP, AFP JAKARTA Government prosecutors on Thursday named Indonesia's ex-Presi-dent Suharto as a suspect in a widening corruption investigation. A spokesman for the Attor-ney-General’s office said the 78-vear-old Mr Suharto, weakened by a series of strokes, had been summoned for questioning on Monday.-AP,; AFP - 387 words
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264 2000-02-12 11 The Nation /Asia News Network BANGKOK A woman was besieged with phone callers wanting to have sex with her 18-year-old daughter after a neighbour allegedly posted her phone number and a notice on the Internet, saying that she was selling the sexual servicesThe Nation /Asia News Network - 264 words
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COMMENT
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Article591 2000-02-12 12 SATURDAY FEBRUARY 5,2000 T:HE customs-eva-sion probe in China’s coastal city of Xiamen is said to target the most blatant case of corruption since the founding of the People’s Republic. The sums mentioned (ranging from $l6 billion to twice that) and the nature of the contraband (oil,591 words
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Article576 2000-02-12 12 THURSDAY FEBRUARY 10,2000 Going by the huge size of last week's vote in the US House of Representatives to push for more arms sales to Taiwan. anti-Chma sentiments among America s iaw-maKers are strong as ever, despite recent moves to mend frayed Sin-o-US relations. This is worrisome because576 words
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Article, Illustration49 2000-02-12 12 MCDONALDS made smart and gracious moves. Smart, because the decision hurts only those who had been hoping to make a fast buck by selling off complete Hello Kitty sets at huge profits. Gracious, because it showed McDonald s not evading responsibility for the chaos caused.49 words
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Article696 2000-02-12 12 CHL A LEE HOONG - SECOND LAST WORD Bif CHL A LEE HOONG AS SUDDENLY as it had begun, it w’as all over. Last Thursday, there was none of the frenzy that had characterised earlier Thursdays, when thousands of Singaporeans queued for hours to lay hands on a toy cat.696 words
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COMMENT/PERSPECTIVE
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Article, Illustration764 2000-02-12 13 SUSAN SIM - The general and the ‘blind samurai By SUSAN SIM INDONESIA CORRESPONDENT JAKARTA It is perhaps fitting that General Wiranto’s personal codename for President Abdurrahman Wahid used to be “Zatoichi”. The blind samurai who charmed television audiences in the 70s was humorous, perceptive and lightning fast in drawing his cane sword.764 words
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722 2000-02-12 13 LEE KIM CHEW - EYE ON THE WORLD By LEE KIM CHEW TO ITS credit. Indonesia s Human Rights Commission has found the country's military' forces culoabie for the atrocities committed in East Timor. The commission would have had zero credibility had it covered up tne role of some722 words
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INSIGHT
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Article, Illustration1831 2000-02-12 14 Enter the year of the Golden Dragon. What does Chinese New Year mean to a mobile ethnic Chinese in an increasingly borderless world? KAO CHEN, a Straits Times senior correspondent and Taiwan-born Chinese American who now works in Singapore, reflects on the significance of Chun Jie (Spring Festival).1,831 words
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1187 2000-02-12 15 IRENE NG - THINKING ALOUD Br< IRENE NG UNIONIST Alex Sim is pained. In tne 1980 s. trade unionists were tasked witn stemming; the tide of iob-nopDing oecause it created problems ior employers. Indeed, he was in the team which visited Japan to learn wnv Jaoanese workers1,187 words
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1055 2000-02-12 15 CHUALEE HOONG - LAST WEEK IN POLITICS By CHUALEE HOONG INDONESIAN President Abdurrahman Wahid has this in common with American basketball champion Michael Jordan: Both come from the “everybody is dispensable” school of thinking. The legendary giant with the bald pate and wide grin1,055 words
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MONEY
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385 2000-02-12 16 Chee Jann Perng - Chee Jann Perng TECHNOLOGY and electronics stocks were the name of the game in the Singapore market last week. The sector s surge throughout the week was fuelled by a worldwide frenzy for anything related to the Internet or technology, as well as strong overnight385 words
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Article70 2000-02-12 16 Straits Tines Index The Straits Times Index dropped 23.99 points on the week to 2,234.92 DAY CLOSE TURNOVER Monday Tuesday 2,245.80 (-13.11) 430.6m ($753.08m) Wednesday 2,227.32 (-18.48) 607.8m ($1,016.21m) Thursday 2,225.30 2.02) 548.0m ($1,296.29m) Friday 2,234.92 9.62) 613.5m ($1,147.87m) ST-Stl Index The BT-SRI Index shed 46.51 points70 words
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Article1843 2000-02-12 16 Company Date ann Net earn TY LY ($m) ($m) EPS TY LY lets) (cts) Advanced Sys Dec 13 1 0.347 2.345L 0.30 2.1L Avimo Dec 09 P 20.170 14.641 19.1 13.9 Alexandra Nov 19 1 551.882 2341.3L 0.02 0.1L AsiaDekorRmb Dec 20 1 50.480 24.065 7.60 3.60 AP1,843 words
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Article235 2000-02-12 16 BONUS ISSUE Company £xRatio date Books close Acc Paymt RIGHTS ISSUE ExBooks Acc Company Ratio date dose Paymt Easyknit Proposed Issue of not Feb 18 less than 306.4m Rights shares of HKIOc each on the basis of one Rights share for every existing share held at HK23c per235 words
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Article123 2000-02-12 16 Company Place Date Time Cerebos Pac E The Regent S'pore Third Level Boardroom II (*****5) Mar 03 12.30pm Jade A 8 Tech Park Crescent Tuas TechPark S'pore (*****4) Feb 29 10.00am F&N A 438 Alexandra Rd Alexandra Point Level Two (*****8) Feb 24 10.00am AP Brew E 438123 words
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Article453 2000-02-12 16 Payment (cts) Ex date Books close Pay date AP Breweries F 12.2 Feb 28 Mar 6 Mar 15 Avimo 20c F 4.75 Mar 6 Mar 13 Mar 28 BMT $10.00 I 28 Feb 15 Feb 22 Mar 2 CM Tei HK75c 1 3TE Jan 11 Jan 18 Feb453 words
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Article100 2000-02-12 16 Company Description GRP Proposed rights issue of up to 37,686,400 new Ord shares of 20c in the capital of GRP at an issue price of 20c for each rights share on the basis of 2 for 5 at 20c. CSE Proposed private placement of 18,000,000 new Ordinary Shares100 words
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Article1491 2000-02-12 17 UNIT TRUSTS FUNDS Feb 12, 2000 Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mgt Asia Ltd j Aberdeen Select Portfolio: j Global Technology Fd!** 1.516 1.593 UK Blue ChiD Fd!** 0.938 0.986 American Opport Fd 1.035 1.088 f Continental Euro Eqty Fd 1.276 1.340 Japan Eqty Fd!** 1.568 1.648 Asian1,491 words
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451 2000-02-12 17 COLIN TAN - Investors’ group pays slsm for collective sale site to set up condos for senior citizens By COLIN TAN A GROUP of investors who plan to set up a retirement village in Singapore has clinched a 946-year leasehold collective sale site in Loyang for $l5451 words
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Article, Illustration405 2000-02-12 17 LEONG CHAN TEIK - *1 LEONG CHAN TEIK CREATIVE Technology chairman Sim Wong Hoo may have been too busy to notice it on Wednesday, but he is now, give or take a few million, a billionaire. His shareholding of 25,984,602 shares as listed in Creative’s annual report405 words
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Article4179 2000-02-12 18 Transaction date: Feb 11,2000 MULTI INDUSTRY 52-Wk Curr Last Vol Day Gr’s Net M Cap WtAvg High Low Company Traded Sale ♦or'000 High Low Div P/E $mil Price 182 69 me Acma50c 134 -3 227 139 133 10 11 221.7 137 84 25 c Alliance4,179 words
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Article1156 2000-02-12 19 52-Wk High Low Curr Last Company Traded Sale ♦orVol ’000 Day High Low Gr*s Div Net P/E M Cap $mil Wt Avq Price MANUFACTURING 218 86 c AS Auto 10c 178 -2 1059 187 178 10 N 233.7 179 137 54 c ASJ Hldgs 20c 100 unch 971,156 words
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Article1679 2000-02-12 19 BONDS, LOANS WARRANTS Transaction date: Feb 11,2000 52-Wk High Low Company Last Sale ♦orVol ooo Day High Low Last Quote Buyer Seller Wt Avg Price 104 10.5 s A Acer W*****1 US$ 43 unch 60 43 42.5 43 43.5 80 15 s Acma W*****4 ..38.5 -2 128 40 38 381,679 words
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Article148 2000-02-12 19 (9am, Feb 11) Buying OD Selling Singapore dollars to one unit of foreign currency Australian dollar 1.0550 1.0780 Canadian dollar 1.1580 1.1830 NZ dollar 0.8240 0.8420 Sterling pound 2.7160 2.7440 US dollar 1.6900 1.7010 Singapore dollars to 100 units of foreign currency Austrian schilling 12.00 12.30 Belgian franc 4.100148 words
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536 2000-02-12 20 TAMMY TAN - From Tuesday, subscribers of Ml and Sing Tel Mobile can send messages to one another, something they cannot do now BIL TAMMY TAN SENDING short messages by mobile phone among users of rival networks will become a reality from next Tuesday, thanks to the inking536 words
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Article, Illustration789 2000-02-12 20 EDNA KOH - SIL EDNA KOH BINTANG Melewar’s Clob proposal would cost American investor Albert Robert some $6,000 less in fees, but this is not why he favours the offer over Effective Capital’s. The 54-year-old IT consultant says his vote is with the Bintang MelewarCHEW SENG KIVI - 789 words
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439 2000-02-12 20 COLIN TAN - Bu COLIN TAN LISTED property heavyweight City Developments (City Dev) has clinched the largest collective sale site in the West Coast at what appears to be a bargain price. The unit of tycoon Kwek Leng Beng’s vast group said that it was439 words
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Page 19 Advertisements
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Advertisement19 2000-02-12 19 Buy It. Sell It. Find It. Classified. A 9 Cn Na VM CAT.S. Call Today For Results Tomorrow. 1800-737-116619 words
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Page 21 Advertisements
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Advertisement947 2000-02-12 21 The Straits Times Weekly Edition APPOINTMENTS POST ACCOUNTANTS ReDorting to the Financial Controller and working closely with the business units, you will assume a key role in timely preparation of financiai reoorts and management reports, reviewing and analysing company/business unit performance. Other responsibilities include budgeting, management of accounts payable and947 words
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Page 22 Advertisements
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Advertisement979 2000-02-12 22 0 Providing the world with up-to-the-minute news Using the latest technology, we supply the global business and financial community, and news media, with a wide range of products from real-time financial data, to trading room systems. If you are looking for a challenging career opportunity, join us. and leading in979 words
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FORUM
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Article422 2000-02-12 23 AS SOMEONE who has lived in Singapore for the past 16 years and enjoyed the tremendous development of this country, r need to comment on the article, “Poor public response to architect’s plan” (ST, Feb 8), regarding the debate over the National Library building. It422 words
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390 2000-02-12 23 AS A Singaporean who attended the controversial Osaka symposium that argued the Rape of Nanjing did not occur, I was outraged and amused at the laughably feeble arguments raised bv the speakers in their attempts to whitewash history. Unfortunately, during mv visit to Singapore witn my390 words
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Article, Illustration479 2000-02-12 23 I REFER to the letter “Bring oack those noisy, wonderful firecrackers!” (ST, Feb 3). During the Chinese New Year (CNY festivals in February’ 1970, firecrackers killed six peopie.injured 68 and caused over 5350.000 worth of damage to property through explosions and fires. Because of479 words
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538 2000-02-12 24 CHUA MUIHOONG - A new enterprising breed which dares to dream big and risk failure is what S’pore needs: SM BxL CHUA MUIHOONG FIRST, there was the “buzz” that Senior Minister Lee Kuan Yew thought the financial sector lacked, two years ago. So Singapore went out to538 words
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Article, Illustration411 2000-02-12 24 GERALDINE YEO - Sm. GERALDINE YEO NINE people became instant millionaires on Thursday, sharing the record prize of more than $ll million in the Millennium Hongbao Toto draw. The six winning numbers were 8, 10, 17, 30, 33 and 41. The additional number was 38. Each ofCHUA CHIN HON - 411 words
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327 2000-02-12 24 ELENA CHONG - EX-SIA CLERK IN S3OM CBT CASE Blf ELENA CHONG SINGAPORE Airlines has taken legal action to stop a former employee accused of misappropriating a total of nearly $34 million from disposing of his assets. It has filed a writ327 words