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BUSINESS TIMES, 22 March 1985

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Article also available on Microfilm Reel NL14922


Masthead [TITLE SECTION]

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BUSINESS TIMES M.C. (P) No. 99/1/85 FRIDAY, MARCH 22, 1185 60 CENTS

Alfa-Pacific files $7.15 m suit [ARTICLE]

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Alfa-Pacific files $7.15 m suit Writ served on Michael Tan for non-payment of MBf Holdings shares By CHEN QINGSHUN BELEAGUERED stockbroking firm Alfa-Pacific has filed a suit against Malaysian businessman Mr Michael Tan Yeow Khoon for $7.15 million. A writ was served on March 15 by the law firm Lee

Abrupt slowdown in American economy [ARTICLE]

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Abrupt slowdown in American economy UPI Reuter THE US economy is growing at a sluggish 2.1 per cent rate during the first three months of 1965, showing an abrupt slowdown from the fourth quarter's growth of the gross national product, the Commerce Department said yesterday. The department's "flash" estimate of

Smith-Corona retrenches 200 more [ARTICLE]

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Smith-Corona retrenches 200 more MORE THAN 200 workers at Smith-Corona will lose their jobs today in the second retrenchment by the American typewriter manufacturer in a week. The retrenchment, which involves mainly local production workers, takes place in the company's main plant in Bedok South and will trim the company's

Marcos cancels licences of logging companies [ARTICLE]

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Marcos cancels licences of logging companies UPI PRESIDENT Ferdinand Marcos yesterday cancelled licences and export quotas of 10 logging companies in an effort to halt the stashing of foreign currencies abroad and illegal logging at home. The directive followed a recommendation by a government taskforce which reported that "unscrupulous lumber

STOCK MARKET [ARTICLE+ILLUSTRATION]

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STOCK MARKET THE TRADING mW ftltteflbgapere stock market taraed enttoas yesterday as share prieeadrlfted lower reduced ▼•lame. Stocks fell marginally acrsss the Ward, althsagh flaaace stocks were relatively steadier. Wldle hay en geaerally stayed away tram the market, there were aa dgas sf panic selling either. Dealers said tastttatieas are

Call for further improvements to European Community's GSP [ARTICLE]

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Call for further improvements to European Community's GSP By BOEY KIT YIN SINGAPORE has called f>r more improvements to the Eui opean Economic Community's Generalised System of Preferences, which has several built- In barriers. Trade Development Boarc's director-general, Mr Ridzwun Dzafir, said built-in barriers a id poor understanding of tlie

Jakarta minister on visit [ARTICLE]

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Jakarta minister on visit THE INDONESIAN Minister for Education and Culture, Dr N Notosusanto, and his wife arrived in Singapore yesterday for a three-day official visit. During his stay, Dr Notosusanto will meet key officials in the Ministry of Education, the Singapore Polytechnic, the Vocational and Industrial Training Board, and

SIA says flights to Manchester will not hit BA [ARTICLE]

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SIA says flights to Manchester will not hit BA By RAY HEATH BRITISH AIRWAYS will not lose passengers if Singapore Airlines is given permission to fly to Manchester, say senior executives of the Republic's airline. As part of their campaign to win support for the proposed services to Manchester, SIA

Six more places [ARTICLE]

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Six more places SINGAPORE AIRLINES will fly to six new destinations in the new financial year. From April 4, SIA will fly once a week to Vienna and twice a week to Karachi. It will operate services to Malta from April 12, Mauritius from June, and Beijing and Shanghai from

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ComputerAsiaBs 14-17 August World Trade Centre Singapore Exhibition Services Pte Ltd Tel *****47 Telex RS ***** SINGEX s#„ 7 mm f r m %im i < Jk^T lissil Personal loans in just 24 hours OW at Citibank. J|lP you can get a loan of mW m up to in just

Page 1 Advertisements Column 2 [ADVERTISEMENT]

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mm e MORE THAN 2,000 tenonts of Jurong Town Corpomtion's foctory outlets ord workshops stand to goin fro n a 10 to 15 per cent ret it reduction, which will cost tie statutory board about $45 million. MALAYSIA has injected tn economic bias into its forek in Eolicy in a

Page 1 Advertisements Column 4 [ADVERTISEMENT]

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?%"&^=(,?<,;{`:~}}@>|[|;}{)~!.+ Picking a portfolio In the final part of BT's four-part series to help readers chart their investment strategy, Hock Lock Siew today examines the last 10 of the 40 stocks that make up the BT Composite Index. Analysis and charts on Page 14. INSPIRED... BALMAIN S&S S m L

HOME NEWS

JTC rent reduction will cost it $45m [ARTICLE]

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JTC rent reduction will cost it $45m More than 2,000 tenants stand to benefit By BOEY KIT YIN MORE THAN 2,000 Jurong Town Corporation tenants stand to gain from a 10 to 15 per cent rent reduction, which will cost the statutory board about $45 million. The JTC yesterday gave

Minor citizens by descent reminded to take oath [ARTICLE]

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Minor citizens by descent reminded to take oath MINOR Singapore citizens by descent or by registration are reminded that under the Constitution of the Republic of Singapore, they must take the oath of renunciation, allegiance and loyalty within 12 months of reaching the age of 21. Those who fail to

Fashion houses win Paris orders [ARTICLE+ILLUSTRATION]

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Fashion houses win Paris orders THREE OF Singapore's top fashion houses came back recently from the Paris Pret-a-Porter Autumn/Winter show in February with orders worth $402,000. The orders were placed by buyers from the US, EEC and Canada at the fair. Another $4 million worth of business is under negotiation.

MDIS moving into new premises at Henderson [ARTICLE]

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MDIS moving into new premises at Henderson MANAGEMENT Development Institute of SingaI ore, previously known as Supervisory and Management Training Association of Singapore, has wasted no time getting itself or--1 [anised since attaining rec- ignition as a professional institute. It has already located t tew premises which it is in

Films on marketing [ARTICLE]

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Films on marketing THE SINGAPORE Institute of Management will be screening two training films on April 13, Saturday, at the Tanglin Club. "The Challenge of Objections" will show the ways to overcome customer rejection during sales calls. This 25-minute presentation will be followed by "Marketing the key to Prosperity", an

NUS to hold Masters course in project management [ARTICLE]

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NUS to hold Masters course in project management THE UNIVERSITY is planning to offer a Masters course in project management for degree holders who have five years of working experience in the construction industry. This move by the National University of Singapore is in response to a growing demand for

Expected increase in car rental rates [ARTICLE]

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Expected increase in car rental rates By JOANNE YAP CAR RENTAL rates are set to rise as a result of the recent increase in road tax and petrol duties. Rental companies said the increases meant that their already slim profit margins would be reduced further and they would be left

Arthur D Little to present views on world oil outlook at forum [ARTICLE]

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Arthur D Little to present views on world oil outlook at forum AMERICAN consultants Arthur D Little, which is conducting a new major multi-client study on "Petroleum Products Markets East of Suez", will present its views on the world oil outlook at an oil forum on Monday. The study, which

TRADE TALK [ARTICLE+ILLUSTRATION]

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TRADE TALK SHARP CORPORATION has developed a visible-spectrum laser diode for use in laser beam printers. The LTO26MD, with an oscillation wavelength of 780 mm and maximum light output of smw, is another in the previ-ously-introduced LTO2IMC series. The LTO26MD employs Sharp's original VSIS (VChanneled Substrate Inner Stripe) structure for

New postage stamps out in April [ARTICLE]

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New postage stamps out in April A SERIES of eight new postage stamps featuring insects will be released by Telecoms on April 24 The stamps, with values of s*, 10*. 15C, 20C, 25c, 35c, 50c and 75C will replace the existing series of definitive stamps featuring ships. First Day covers

Advertising expenditure down in January [ARTICLE]

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Advertising expenditure down in January ADVERTISERS spent $26.1 million in January this year, 10 per cent less than last January's expenditure of 129.2 million. Newspaper advertisements fell 24 per cent but advertising in periodicals jumped 70 per cent compared with the same month last year, according to the January advertising

Page 2 Advertisements

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Six-Course Business Lunch at only $1000 per person "\o*° <* OC^ Her Restaurant now gives you an even greater value Business Lunch. For the same price as before you can now round off your business lunch with a delicious dessert. And, you have 2 menus i to choose from. So

Page 2 Advertisements Column 2 [ADVERTISEMENT]

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Statistical Methods In Management Singapore May 6-9,1985 (9am spm) Are you overwhelmed by the amount of data information that come to your desk daily? OR have you ever questioned the reliabilities or limitations of those statistics that are presented to you in the process of making decision. The objective of

OVERSEAS

Soviet press ridicules US Senate MX vote [ARTICLE]

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Soviet press ridicules US Senate MX vote NYT THE SOVIET PRESS has denounced the US Senate vote to release US$l.5 billion for 21 MX missiles, saying that President Reagan had twisted Senators' arms to get his way. Initial reports in Izvestia, the government newspaper, and by Tass, the Soviet press

US to study charges [ARTICLE]

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US to study charges UPI US SENATOR James McClure said US Trade Ambassador William Brock will study charges that Japanese companies dumped computer chips on the American market. Mr McClure said the charges of Japanese dumping surfaced in Washington on Tuesday with Mr Brock and board members of Micron Technology,

Baldrige going to Moscow for trade talks [ARTICLE]

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Baldrige going to Moscow for trade talks AP AMERICAN Comnerce Secretary Malcolm Baldiige will travel to Moscow in Ma y for the first high-level meeting lon trade between the US an I the Soviet Union since 1978. A spokesman lur Mr Baldrige, BJ Coop«r, said on Wednesday night tsat Mr

Soviet diplomat shot [ARTICLE]

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Soviet diplomat shot Reuter GUNMEN shot and wounded a Soviet diplomat in his car near the Soviet embassy in New Delhi yesterday. An embassy spokesman named the victim as Shitrichenko, a member of the mission's economic department, and said his wife and driver were not injured. Mr Shitrichenko, whose name

Catholic faith no longer official religion of Italy [ARTICLE]

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Catholic faith no longer official religion of Italy UPI THE Lower House of Parliament in Rome has approved a new Concordat with the Vatican that eliminates Roman Catholicism as Italy's state religion, a privilege granted the church by dictator Benito Mussolini in 1929. In a historic vote late yesterday, the

World trade rises sharply to reach US$1,955 bn [ARTICLE]

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World trade rises sharply to reach US$1,955 bn AP PACED BY US imports, world trade rallied sharply last year after a decline in 1963, but protectionist pressures are likely to increase. A study published by the secretariat of the General Agreement on Tariffs and Trade in Geneva yesterday shows that

Japan may end whaling [ARTICLE]

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Japan may end whaling Reuter JAPAN intends to end all its whaling in 1968 following a US threat to cut the Japanese fish catch quota in American waters, newspapers reported in Tokyo yesterday. A spokesman for the Foreign Ministry said Tatsuo Saito, deputy director of the Fishery Agency, was leaving

China urges US to ease East-West tensions [ARTICLE]

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China urges US to ease East-West tensions 'Arms race posing grave threat to world peace' US-Korea Team Spirit exercises UPI CHINA HAS urged the US to ease East-West political and military tensions, only days after launching a major bid to strengthen its own ties with Moscow. Chinese officials told visiting

Scientists' role in economic structure [ARTICLE+ILLUSTRATION]

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Scientists' role in economic structure Reuter CHINESE PREMIER Zhao Ziayang, identifying technological backwardness as a major impediment to modernisation, has told scientists that their work must be link ed more closely to industrial production. The People's E aily in Beijing said yesterday tlu t Mr Zhao had told a conference

Lange turns down US compromise proposal for resolving dispute [ARTICLE]

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Lange turns down US compromise proposal for resolving dispute Reuter A PROPOSAL in the US House of Representatives designed to resolve the dispute over New Zealand's ban on nuclear-capa-ble warships was rejected by Prime Minister David Lange yesterday. The proposal recommended that the US endorse the principle of a nuclear-free

Manila rescue package in jeopardy [ARTICLE]

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Manila rescue package in jeopardy Reuter A US$lO billion rescue package assembled by the Philippines' creditor banks is in jeopardy because a major bank has threatened not to join others in raising a new loan for the country, bankers said yesterday. The National Commercial Bank (NCB) of Saudi Arabia has

US move to strengthen Indochina rebels approved [ARTICLE]

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US move to strengthen Indochina rebels approved AFP A MOVE to channel $5 million in aid through Thailand to "strengthen the Communist resistance forces in Cambodia" has been approved by a Congressional sub-committee. It was backed despite some members' fears that Washington could be letting itself be dragged into another

World Bank employee confesses stealing documents [ARTICLE]

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World Bank employee confesses stealing documents AN INDIAN World Bank employee has confessed to stealing top secret documents from the Indian government for six years and sending them to a major spy ring. Quoting intelligence sources, the Press Trust of India (PTI) reported on Wednesday that Kishan Chand Sharma confessed

EEC close to accord with Spain on entry terms [ARTICLE]

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EEC close to accord with Spain on entry terms AFP THE EUROPEAN Economic Community (EEC) was yesterday close to agreement with Spain on its entry terms. "We have almost got one foot in the EEC," Spanish Foreign Minister Fernando Moran said at the end of an all-night session in the

China's defence agencies promoting civilian sales [ARTICLE]

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China's defence agencies promoting civilian sales Reuter CHINA'S defence agencies, under orders to back the civilian modernisation drive by using excess capacity at ordnance factories to produce consumer goods, are now busy selling off technology to industry. Five ministries connected with defence are promoting civilian sales at a 10-day fair

Intelligence chief denies ordering Liu murder [ARTICLE]

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Intelligence chief denies ordering Liu murder Reuter THE CHIEF of Taiwan's military intelligence bureau, ViceAdmiral Wang Hsi-ling, denied he had ordered a gang leader to kill a Chinese-American writer, a judge said yesterday. Judge Chao Kung-heng said he had interviewed Wang, now in military detention for alleged involvement in the

Union Carbide blames leak on Indian workers [ARTICLE]

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Union Carbide blames leak on Indian workers AFP UNION CARBIDE Corporation has put the blame for December's Bhopal poison gas tragedy which killed more than 2,000 people on workers at the Indian plant, saying water had went into a storage tank "inadvertently or deliberately," causing a runaway chemical reaction. Warren

European car discord [ARTICLE]

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European car discord Reuter PLANS to introduce a European low-pollution car were at a virtual standstill early yesterday, after 14 hours of non-stop wrangling saw little progress by European Economic Community environment ministers. Diplomats said deeply entrenched positions held by West Germany and Britain blocked any breakthrough although there had

DAILY AIRCRAFT MOVEMENTS [ARTICLE]

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DAILY AIRCRAFT MOVEMENTS ARRIVALS Operator Service Locol From number time PAA PA5 0155 JFK/SFO/HKG MAS MH60I 0720 KUL SIA SQ43 0730 DHA CAL CJOIO 0805 JED/DHA MAS MH681 0820 KUL TMA TL351 0830 BEY/DXB/KUL MAS MH603 0905 KUL SWR SRI 76 0930 GVA/ZRH/BKK MAS MH671 0935 KUL MAS MH811 0940

Page 3 Advertisements

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m community at our 'country dub'today! Live at Ardmore Park and you'll be eligible for membership of The Ardmore Country Club, a sporting and social environment for the whole family set in a safe and secure landscaped park. Only 5 minute's walk to Orchard Road Attractive 'radial' design, extra large

Page 3 Advertisements Column 2 [ADVERTISEMENT]

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SEIKO Setting the standard for the world, for the future I f J Matching Fbirsfrom Seiko Ladies' Model 7320-5620 SGB Gents' Model 9020-5280 SGB Matching styles. Matching colours. The perfect match for fhe two of you. Watches to remind you of each other and the good times you spend together.

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Doonesbury n n*. m m as m s m'f/ BY GARRY TRUDEAU m W as s f J >JSLr rV SiMSi I ••.< <■/<

Page 4 Advertisements

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RESTAURANT Lunchtime Artistry! It's new... it's easy! Our New Menu lets you select your own combination of fresh ingredients and cooking style to create tempting new dishes... as many as your imagination Zf i and daring will let you. Try it today... you never know If how creative you are!

Page 4 Advertisements Column 2 [ADVERTISEMENT]

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WORLD BACKGROUND

Chinese leaders act to check side-effects of economic reforms [ARTICLE+ILLUSTRATION]

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Chinese leaders act to check side-effects of economic reforms AFP CHINESE LEADERS seem to be moving fast to check the unwelcome side-effects of their audacious approach to economic reform. But analysts said that in spite of the problems, the leaders were holding to their new policies designed to give market

Economic motives in aid [ARTICLE]

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Economic motives in aid New orientation in Malaysia's foreign policy AFP MALAYSIA has injected an economic bias into its foreign policy in a bid to carve out a bigger share of trade and investment opportunities in the poorer Asian and African states. With a relatively small 15 million population, ample

Wyoming plans to revitalise Jade industry [ARTICLE+ILLUSTRATION]

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Wyoming plans to revitalise Jade industry UPI JADE, the semi-precious stone most valued in the Far East, could become the basis for a thriving industry in the American West, says a Wyoming Jade prospector and artisan. Jay Sundberg, owner of Sundberg Jade Industry, employed 30 people in his Jewellery manufacturing

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Kk&irnporlarite it will be at the Saj Marco. The style of San Marco. Until now, the preserve of the favoured few Today, the Venetian splendour of this grand room is made available to a wider public. Custom-made for occasions when only the very best will do. From Regional Conferences to

BANKING AND FINANCE

UK building societies can tap Eurobonds [ARTICLE]

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UK building societies can tap Eurobonds Reuter CERTAIN TAX provisions in the 1985/86 British budget have opened the door to the Eurobond market for British building societies, although not as soon as they would have liked. In documents accompanying the budget, presented to Parliament by the Chancellor of the Exchequer,

'Keep lending to LDCs' [ARTICLE]

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'Keep lending to LDCs' Reuter DAVID MULFORD, US Assistant Treasury Secretary for International Affairs, has urged commercial banks to maintain lending to debtor nations showing signs of economic progress. He has criticised those banks that were trying to end their involvement with the debtors. He told a foreign bankers' conference:

Ohio Bill allows 70 thrifts to reopen [ARTICLE]

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Ohio Bill allows 70 thrifts to reopen Reuter THE OHIO Senate has approved a bill requiring some 70 private-ly-insured thrift associations which have been closed since last Friday to apply for federal insurance for their deposits. The bill means the savings and loan banks will now be able to reopen.

Forex markets [ARTICLE]

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Forex markets SINGAPORE The US dollar finished mixed against major currencies yesterday after moving within a narrow range in quiet and uncertain trading. It closed higher at 3.2705/25 marks against New York's 3.2630/60 close, at 2.7600/30 Swiss francs against 2.7575/7625, but slightly lower at 257.00/10 yen against 257.15/30. Sterling closed

Foreign Exchange [ARTICLE]

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Foreign Exchange Interbank rates at 3pm yesterday: CUfTWCi®® MQfftinei 1 ritn Smithsonian uter day croM parity change Local dollars to on* unit of foreign currency: US dollar ***** 2 2540 2 8196 -20 10 Sterling pound 2 5796 2 5830 7 3469 ■64 89 Australian dollar 1 5568 1.5620 3.4286

Money markets [ARTICLE]

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Money markets THE OVERNIGHT rate on the Singapore interbank money market fell by 3/8point from Wednesday to close at 6 1/8 per cent yesterday. The one-month term rate rose by 1/16-point, the two-month remained unchanged, and the threemonth fell by 1/16-point. S$ Interbank rates at 3pm yesterday: Offer Bid Over

Strength of dollar partly due to huge inflow of foreign savings [ARTICLE]

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Strength of dollar partly due to huge inflow of foreign savings REAL interest rate differentials between the US and other countries are just the tip of the iceberg when it comes to reasons for the strength of the US dollar. Dr Irwin L Keliner, senior vice-pres-ident and chief economist of

Asian $ market [ARTICLE+ILLUSTRATION]

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Asian market *NMCATES image of the print tendne rate* of 12 major banks aperat"l in Sinfapore ASIAN dollar deposit rates closed easier yesterday on Weinesday's levels in quiet trading. Interbank deposit i at** us$ Otter fed 7 day 8 15/16 8 13/16 1 month 8 7/8 8 3/4 2 months

Simex [ARTICLE]

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Simex BA Futures CARRIED-OVER buying interest saw the June Earadallar opening two ticks better yesterday than CME Wednesday's close at 89.71. Strong resistance came in at 89.72. Carreacy fntares opened lower as dollar recovered on Wednesday night. Trading was relatively quiet as Tokyo was on holiday. The market is not

Gold [ARTICLE]

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Gold HONGKONG: The metal fell on overseas selling to close at U*****.50/319.50 an ounce, after its early $324.50/325.25 and New York's $323.50/324.00 close. Trading was mainly quiet in the morning session after wild movements in past few days. Uncertainty over the dollar's trend helped keep local participants from the market.

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THE HONGKONG LAND COMPANY, LIMITED ("Hongkong Land!) ISSUE OF PREFERRED ORDINARY SHARES WITH DETACHABLE WARRANTS TO SUBSCRIBE FOR ORDINARY SHARES Hongkong Land- announced today that it is to raise approxin by an issue of preferred ordinary shares with warrants to subscribe f shareholders. The proceeds of the issue which has

Page 6 Advertisements Column 2 [ADVERTISEMENT]

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Wang Ban Say Jt Aft Rest Manajrtr You'll discover some of the finest Sichuan and seafood dishes available in town. An amazing 228 in all! Each masterfully prepared to delight your taste buds. Dragon Gty Dragon City Sichuan Restaurant Novotel Orchid Inn (Plymouth "<"£«« Wing its newest addition) rn 214

AIR CARGO

WEEKLY FREIGHTER [ARTICLE]

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WEEKLY FREIGHTER ARRIVALS DEPARTURES Operator Flight number Locol From Operator Flight Locol For time number time FRIDAY TMA TL351 0830 CD X o Ss JAL JL615 0930 KUL FT FT75 2355 /fS,UL BOS/JFK/ANC NW NW906 0935 HKG/NR7/ /NRT/TPE SFO/LAX TMA TL351 1000 TYO/(BKK/ DXB/BEY) TMA TL352 1000 TYO/(BKK/ DXB/BEY) FT

Mustang 'flies' to England [ARTICLE+ILLUSTRATION]

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Mustang 'flies' to England A FIGjHTER PLANE which decided it had had ejiough of those flying and warring days few home recently to the Imperial War Museum for Aeroplanes in Duxford, England. Ca hay Pacific Airways (CPA), responsible lor delivering the Mustang P-51 aircraft, said it was a "most unusual"

Sats helps Indonesians set up handling services [ARTICLE]

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Sats helps Indonesians set up handling services thrie SENIOR STAFF of the Singapore Airport Term; nal Services (Sats) have aken up key positions in PT Jasa Angkasa Seme ta (Jas) to help set up tie ground handling comp iny's operations at Indonesia's new Cengkareng Airpc rt. Mi Chan Peng Ann

Nippon Express sees difficult times ahead [ARTICLE]

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Nippon Express sees difficult times ahead By JOANNE YAP FREIGHT forwarder Nippon Express has predicted difficult. times ahead it does not expect revenue to improve much from last year's $2.6 million. The lacklustre forecast is mainly a result of what the company sees as stagnant US and Japanese markets. Business

SAS carrying less because of strong winds [ARTICLE]

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SAS carrying less because of strong winds By YAP BOH HOON SCANDINAVIAN Airlines System does not foresee any significant improvement in its cargo revenue of some $4.8 million a year for 1985 because of limited capacity available out of Singapore. Although the airline operates three Boeing 747 flights a week

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Definitive Ffersonal Credit Instrument i r v. I rV" y K-.-; k*,v' af. *<; v:* w-fij r l-j'j.r\ v "0- x; :>"■ x >• J J U vj J LJ CJ Af» i C J J un m r I ■fiA .T 00/00 VISA V r 1 IVI T The

FEATURES

Trade improves hopes fade [ARTICLE]

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Trade improves hopes fade THE STUDY just completed by the staff of the General Agreement on Tariffs and Trade in Geneva makes a mockery of the difficulties many countries suffered in 1984. The GATT figures show that world trade increased by 6.5 per cent by value last year. This is

Countertrade promising [ARTICLE+ILLUSTRATION]

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Countertrade promising Singapore's role looks set to expand in coming years The Republic's role as an intermediary in countertrade is bound to grow significantly during the next five years or so. Mr Chandra Das, chairman of TDB f noted that several Singapore trading firms were already engaged in countertrade in

Univex — helping corporations to barter among themselves [ARTICLE]

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Univex helping corporations to barter among themselves A New-York based trader has started a new company called Univex, which acts as a broker to help corporations trade products directly in a form of barter. TERRY DODSWORTH reports on its emerging popularity. FT PHTT TP STEIN is an out-and-out entrepreneur, a

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TO (MD HIGHLIGHTS National Geographic Special K2 The Savage Mountain 8 pm, Channel 12 The western Himalayas contain some of the world's highest mountains K2, the Gasnerbrums, Hidden Peak, Broad Peak, Sykang Kangri. All rise above 8,000 metres and K2 is second only to the Everest in height. I chahhiis

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JllStoW iJFteokDictens NOT F(5»GMTer>eD PfeVbo? F\ter Tione ,IDO KNOO U>PvNT Voo "TO this

SPORTS

Tze Ming stretches lead to 3 strokes [ARTICLE+ILLUSTRATION]

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Tze Ming stretches lead to 3 strokes Clayton close behind in Rolex Masters golf championship By WALTON MORAIS IT WAS a day for the holidaymakers at the Rolex Masters golf championship yesterday as Taiwan's Chen Tze Ming and Australia's Michael Clayton took charge at the par-71 Bukit course. Tze Ming,

Piggott to ride his last flat season [ARTICLE]

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Piggott to ride his last flat season AP AS ONE legendary jockey in British horseracing prepares to pass the winning post for the last time, a crop of horses with the same world-fa-mous sire will enter the parade ring for their debuts. Record-breaking jockey Lester Piggott has said the 1965

A little flexibility goes a long way [ARTICLE+ILLUSTRATION]

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A little flexibility goes a long way Body language EVERY exercise programme should consist of five phases warm-up, flexibility exercises, aerobic phase, muscular strength and endurance phase, and a cool-down. The warm-up, flexibility, and cool-down phases should be incorporated into every workout while the aerobic portion and muscular strength and

Liverpool moves into the semi-finals [ARTICLE]

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Liverpool moves into the semi-finals AP LIVERPOOL stayed on course for a second successive European Champions Cup triumph on Wednesday, comfortably beating FK Austria 4-1 to move into the semi-finals on a 5-2 aggregate. But the best display on a busy night of European Cup action came from another Austrian

Frazier, 41, to take on Cleroux, 47 [ARTICLE+ILLUSTRATION]

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Frazier, 41, to take on Cleroux, 47 AP FORMER world heavyweight boxing champion Joe Frazier, who is 41, and one-time Canadian champ Robert Cleroux, who is 47, signed a contract on Wednesday for a fight which the Quebec Sports Safety Board says is illegal. Promoter Regis Levesque, who has tried

Page 9 Advertisements

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This announcement appears as a matter of record only. KtAH JOO CAN FACTORY B£RHAD (Incorporated in Malaysia) PUBLIC ISSUE of 8,500,000 ordinary shares of $0.50 each at a price of $0.60 per share LISTING of 40,000,000 ordinary shares of $0.50 each on The Kuala Lumpur Stock Exchange and Stock Exchange

Page 9 Advertisements Column 2 [ADVERTISEMENT]

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This announcement appears as a matter of record only A caY^PI DAYAPI INDUSTRIES (MALAYSIA) BERHAD (Incorporated in Mala)sia under (he Companies Act IW>5) PUBLIC ISSUE of 7,500,000 ordinary shares of $1.00 each at $1.00 per share OFFER FOR SALE of 4,600,000 ordinary shares of $1.00 each at $1.00 per share

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CRYPTIC PUZZLE ACROSS 4 A stirring thing to do (6) 7 Snow water in the Arctic? (5, 3) 8 What I wish I could do tike my sister Kate (6) 10 Each way definitely (5) 13 One man out to get slim (4) 14 Become weary of a strange rite

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STRETCHING EXERCISES ARE IMPORTANT Begin with five minutes of warming up; it the flow of blood j to the areas being U stretched. Stretching reduces the tension in your muscles.. m fv tN A

INTERNATIONAL STOCKS

Murdoch to buy 50 per cent of 20th Century Fox [ARTICLE+ILLUSTRATION]

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Murdoch to buy 50 per cent of 20th Century Fox Reuter AUSTRALIAN publishing magnate Rupert Murdoch has agreed to buy 50 per cent of the company that owns 20th Century Fox Film Corporation for US$l62 million. In a joint announcement with Marvin Davis, the principal owner of Fox, Mr Murdoch

LSE aims to hold time lead [ARTICLE]

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LSE aims to hold time lead Reuter LONDON Stock Exchange (LSE) constitutional reforms, including incentives to attract new companies and outside participants, are aimed at maintaining its time zone leadership in securities dealing. Chairman Nicholas Goodison says he is very encouraged by the number of companies wanting to Join the

Lower profit forecast dampens Wall Street [ARTICLE]

Page 10

Lower profit forecast dampens Wall Street Reuter WALL STREET share prices fell on Wednesday, weighed down by estimates that US carmakers would earn less in the first quarter of this year than was expected. The Dow Jones Industrial Average fell by 5.85 points to close at 1,265.24. Declining issues outpaced

Toronto [ARTICLE]

Page 10

Toronto MA. a wo* K5r"rL=zz::S; r? 37* unch Kwr Add 17 inch Algomo 21* Lobtaw B IS Argoen Hklgt Mom* Far i 3 BoJ*Moo«!. 26 Mc8te<« 25* unch Bonk Novo Scot» 12% LT* »5* 2S Con < I? u Moo«Cp 71* BP Con Ltd 27 -H Nocondo Broscon unch Con

Johannesburg [ARTICLE]

Page 10

Johannesburg 470 inch MAI 20 1300 20 INDUSTRIALS hum'Cl A Afeho 700 4 2310 10 AE And O 700 Angtvod ***** 1625 -50 inch Amaprop AAAtC 2m 25 BuSats* 7475 75 unch +25 30 +25 C G Smith 1025 2070 35 20 Com Gold 1115 CNA 230 inch unch unch

New York [ARTICLE]

Page 10

New York pn 34* lyyyyytfrBiiiiii 27* AJhad Cham Cp 38* AJbad Stor at 56* AJfa-Chahwr* 7 Am Brandt Inc 68 4* Am Broaden! 106* 31* Am Can Co 51% Am Cyonarmd 52* Am Else Pwr 21 Am Exprat* 43 1 Am Horn* Prod 59* 1* Am Motors Cp 3H uneh

European markets [ARTICLE]

Page 10

European markets Amsterdam MAI X> Ffc ABN 404.50 7.5 Aagon Ahold 116.00 +3 5 225 00 tftch Akto AMEV III 00 -02 219.00 +07 Amfoi Amrobnk Bwk Boh 76 10 +1.5 53.50 unch 110 00 inch 347.50 -0.5 Bo»ko Burt»t Cotand 8850 +03 3620 +02 468 00 +1 Oat *****

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Page 10

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Page 10

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ASIAN STOCKS

Hongkong [ARTICLE]

Page 11

Hongkong HONGKONG: Share prices closed stronger on speculative buying yesterday amid rumours of share placements and corporate takeovers. HK Land rose 20 cents to HK$4.BO, Jardine Matheson 45 to $9 and Cheung Kong 40 to $13.40. The Hang Seng Index finished 35.17 up at 1,347.73 after it gained 25.27 in

Taipei [ARTICLE]

Page 11

Taipei MAI 21 NT L»en Hwa Indus Nan Ya Plas 1260 28 10 2080 unch -02 -0 1 A1 Smear* Indus 4 35 25.00 -0 02 0 2 Pocific Elect 1730 24 20 -08 1 47 -0 02 Chang Hwa Bonk 51 50 -05 16 70 •02 1900 -0 1

Sydney [ARTICLE]

Page 11

Sydney SYDNEY: Shares generally eased in moderate turnover yesterday in a technical correction to Tuesday's sharp gains and after a downturn in international bullion prices. Towards the close, the All Ordinaries Index was down 0.8 points a i 801.9. National turnover eased to 48.46 million shares from 78.93 million on

Untitled [ARTICLE]

Page 11

TOKYO: The market was closed yesterday.

Manila [ARTICLE]

Page 11

Manila MANILA: Share prices closed generally easier in dull trading yesterday. The Mining Index fell 4.25 to 700.88 and the Oils Index eased 0.009 to 0.611 while the Commercial Industrial Index remained unchanged at 129.42. Philex B closed steady at 0.10 pesos, Podco B at 0.001 and PLIIT at 33.50.

Bangkok [ARTICLE]

Page 11

Bangkok BANGKOK: Stocks continued to close higher n quiet trading yesterday. The Book Club Index rose 0.11 point to 129:1 and advances led declines by learly three to one. Turnover stoxl at 470,580 shares worth 58.7 milion baht compared with Tuesdaj's 1.1 million worth 96.2 million biht. Industrial Finance Corp

Seoul [ARTICLE]

Page 11

Seoul MAR 21 Won 590 Hyundai Const Hyurxk* Motor KAL 901 580 650 unch unch 575 621 +6 611 -9 450 4 350 .2 Daewoo Corp 434 2 Lucky Ltd 637 -3 533 unch Dong Ah Gold Stor 455 640 -6 -5 Samsung Elec 738 -117 Hand Bk 624 -3

ANI group records higher income [ARTICLE]

Page 11

ANI group records higher income Reuter AUSTRALIAN National Industries Ltd (ANI) has said most of its divisions increased earnings in the seven months ended Jan 31. The group lifted net profit to A 521.12 million in the period from $18.11 million a year earlier and declared a one-for-five bonus issue

Midland Australia notes [ARTICLE]

Page 11

Midland Australia notes Reuter MIDLAND International Australia Ltd, a whollyowned subsidiary of Midland Bank PLC, has signed a US$lOO-million Euronote facility in Hongkong, BT Asia Ltd said as arranger. The two-year facility can be extended annually at the borrower's request. The notes are of one-to-six month maturity. Midland Bank will

Japanese securities houses1 predict record profits [ARTICLE]

Page 11

Japanese securities houses 1 predict record profits Reuter JAPAN'S four major securities houses are expecting record current profits in the first half-year ending next March 31. Nomura Securities Co Ltd predicts a record first half profit of nearly 100 billion yen against the previous record of 74.70 billion in the

PNG permits Ok Tedi to reopen [ARTICLE]

Page 11

PNG permits Ok Tedi to reopen Reuter THE Papua New Guinea (PNG) Cabinet has authorised the reopening of the closed Ok Tedi gold mine. Prime Minister Michael Somare said the Cabinet endorsed an agreement between PNG and the corporate shareholders in Ok Tedi Mining Ltd (OTML) which provides for infrastructure

Jardine Fleming earns more [ARTICLE]

Page 11

Jardine Fleming earns more Reuter JARDINE FLEMING Holdings Ltd, the merchant banking arm of Jardine Matheson Holdings Ltd,has announced net profits for 1964 of HK$96 million against $90 million a year ago. It said the profits included $25.1' million earnings from Jardine Fleming and Co Ltd, the group's licensed deposit-taking

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Page 11

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Page 11

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RAW MATERIALS

Produce exchange [ARTICLE]

Page 12

Produce exchange Chinese Produce Exchange (Sellers' noon closing prices on ♦or 21. S$/100 kg). Coconut oil Be*. FOB 155.00 Oid drum FOB 168 00 Now drum FOB 172.00 Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW E&W FOB NSW Gambier FOB NSW 477.50 396 00 248 00 330.00 Copra Mixod

RICE [ARTICLE]

Page 12

RICE Singapore c-i rd unq (S$/k«o, M Kodow) Loonzoin Rice n>1lf 100% 1st grade unq Fragrant new crop l00% 222 0 65 ,00% 9 rad 3rd 0.60 Parboiled Rice New Crop 5% 222 25% no stock 0% 217 10% no stock Maize unq Thai Broken oil Hon#ltong Thai Rica 2£r

KL Tin [ARTICLE]

Page 12

KL Tin THE Kuala Lam par Tin Market (KLTM) price remained at the Intornatlonal Tin Agreement (ITA) fleer-level ef M 529.15 per kg yesterday. Mevement en Wednesday of the KLTM price to a £159 per tonne discount to the Lenden high grade price attracted strong Malaysian and Japanese haying* The

TEXTILES [ARTICLE]

Page 12

TEXTILES Yarn (In HK$ per bole o* 400 lb) China carded yarn, cones Blue Phoenix 16'* 2,550 Blue Phoenix 2Cs 2,750 Blue Phoenix 32's 3,300 Blue Phoenix 40's 3,650 Carded yarn, hank 3,000 Blue Phoenix 21's Combed yarn, cones Blue Phoenix 32'$ 4,350 Blue Phoenix 40's 4,500 Open-end yarn 2,450

RUBBER [ARTICLE]

Page 12

RUBBER SINGAPORE The n arket closed lower yesterday with April One RSS b» lyers quoted at 166.75 cents per kg, down 1.25 cents Irom Wednesday. Thi > morning session lost 1.50 cents on lack of buying support and profittaking in quiet trading. Prices were little changed in qui ft afternoon

RAS and MRELB [ARTICLE]

Page 12

RAS and MRELB RA 5 prices «s cwtw 9 fo« b ales NOON CLOSE IliyifJ Sfim Buyers Sellers Int 1 RSS Prompt 66.00 167.00N 166 00 167 00N trrt 1 RSS Apr 85 66 75 167 25 166.75 167 25 Int i RSS May 85 7050 171 00 170.00 *****

PALM OIL [ARTICLE]

Page 12

PALM OIL MALAYSIAN crude palm oil prices closed firmer yesterday on further covering and speculative buying prompted by Pakistan's presence in the market for more RBD palm oil. Reports that Pakistan will re-tender today after yesterday's purchase sparked a late rally. March deliveries in the central and south regions firmed

SOYBEAN [ARTICLE]

Page 12

SOYBEAN SOYBEAN futures on the Chicago Board of Trade closed five to 7Vi US cents a bushel lower in light afternoon trade on Wednesday. March expired 6Vi cents lower at $5.97 V«, while May settled at $6.03 V«, down SV« cents. The stronger US dollar and tumbling precious metals prompted

WHEAT [ARTICLE]

Page 12

WHEAT WHEAT FUTURES on the Chicago Board of Trade closed 11/*I 1 to two US cents a bushel lower on Wednesday, while the March contract expired 9V4 cents a bushel higher at 13.73 V* a bushel. Most months were pressured by profit-taking after Tuesday's advance, prompted by weakness in foreign

SSR and SMR [ARTICLE]

Page 12

SSR and SMR (cwWkg, 1-ton pellets) ApR|L MAY 85 (current month) (forward month) NOON NOON RAS Buyers Setters Buyers SSR 20 170.50 172.SON 171 50 173 50N SSR 50 167 50 169 50N 169 50 171 50N MRELB fciyers Sellers Buyers Sellen SMR CV 215.00 ***** ***** *****N SMR L

LONDON MARKETS [ARTICLE]

Page 12

LONDON MARKETS COFFEE Robusta futures remained linked to forex fluctuations through the close of an uneventful day on Wednesday. Contracts settled in a range from £26 lower in nearby May to £10 higher in deferred deliveries. May closed at £2,307 after dropping before midday to a session low of £2,300.

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Page 12 Advertisements Column 1 [ADVERTISEMENT]

Page 12

O COMMERCIAL DISCOUNT COMPANY LIMITED (Incorporated in Singapore November 1974) SHARE CAPITAL (Note 2) REVENUE RESERVES General reserve Retained profits Total Capital and Reserves CURRENT LIABILITIES AND PROVISIONS Deposits of customers (Note 3) Other liabilities including provisions and inner reserve Proposed dividend BALANCE SHEET —31 DECEMBER 1964 CURRENT ASSETS Cash

SHARE INFORMATION

Volume shrinks as investors become cautious [ARTICLE+ILLUSTRATION]

Page 13

Volume shrinks as investors become cautious CAUTIOUS sentiment prevailed at the Singapore stock market which closed lower yesterday after a day of quiet trading. The BT Composite Index fell 5.54 points to 740.80 while the Straits Times Industrial Index dropped 5.39 points to 827.93. Volume was thin at 7.62 million

Chief price changes [ARTICLE]

Page 13

Chief price changes SINGAPORE Rises Indices j Grand Control 296 looof Myot ISO M CoMo* 460 Kkong Guar 280 Hwo Ho»j 126 SmI he 118 Dwtdi Bafcr 60S MM AJC« 50« 242 Van Dor Hont 218 U O 8 460 M T P 396 Falls 10 10 +8 +8 +6

Business done on the SES [ARTICLE]

Page 13

Business done on the SES 810 and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".

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Page 13

Get the most out of your life Read HER WORLD fci

COMPANY NEWS

RATING THE BT COMPOSITE [ARTICLE+ILLUSTRATION]

Page 14

RATING THE BT COMPOSITE HOCK LOCK SIEW KULIM: The problem with a counter of low marketability is that when the time comes to move in or out of the counter, it is very difficult to execute a trade; that is exactly the position at Kulim ($2.96). See how the stock

COMPANY MEETINGS [ARTICLE]

Page 14

COMPANY MEETINGS THE WILKINSON PROCESS RUBBER C«mpuy Berhad: Fifty-third AGM at 70, Jalan Am pang, Kuala Lumpur on Mar 26 at 2.30 pm. GENERAL SECURITIES INVESTMENTS Limited: Tenth AGM at the Board Room of The Development Bank of Singapore Ltd, 46th Storey, DBS Building, 6 Shenton Way, Singapore 0106 on

Selected indices [ARTICLE]

Page 14

Selected indices HONGKONG Hang Seng Index Thursday 1347.73 Wednesday 1312.56 Week ago 1356.35 Australian Industrials Thursday J J 68.1 Wednesday 1J 70.6 Week ogo 1165.8 NEW YORK TOKYO Tokyo Dow Jones Dow Jones Wednesday 1265.24 Tuesday 1271.09 Week ago 1261.70 Thursday Closed Wednesday ******.37 Week ago *****.03 Standard Poors Wednesday

Unit trusts [ARTICLE]

Page 14

Unit trusts Monogers' pricw for March 22 MARA-Bumiputra Frst B*putro 5.71 5.76 Seccx-Kj B'putro 4 92 4.97 Singapore Unit Trust Third B'putro Fourth B'putro 4 22 4 27 4.67 4 72 Th« Comrrtfc* The Sa*r»g» Fi*»d S pore Prog Fund S'por* Sec Fund S'pore Invest Fund S'pore Equity Fi*»d 2.21

Old wine in new bottle [ARTICLE]

Page 15

Old wine in new bottle u mm™ HOCK LOCK SIEW THE OLD RUMOUR about Cycle Carriage Ltd being courted as a takeover candidate is making the rounds once again in the market. This already has had a bullish effect on the counter which saw a sudden surge in activity over

George Kent buys into gas equipment company [ARTICLE]

Page 15

George Kent buys into gas equipment company By CHAN OI CHEE ENGINEERING-BASED George Kent (Malaysia) Bhd has announced the acquisition of a 43 per cent stake in a smallish gas equipment company for M 5450,000, much to the disappointment of punters who had expected something bigger. Directors, after keeping observers

Bena serves takeover notice on Tongkah [ARTICLE]

Page 15

Bena serves takeover notice on Tongkah BENA HOLDINGS Sdn Bhd has formally served a takeover notice on Tongkah Harbour Tin Dredging Bhd, a member of the Malaysia Mining Corporation group of companies. Bena, a Sabah-based plantation company, intends to acquire the remaining 4.42 million shares or 34.7 per cent of

LONDON STOCKS [ARTICLE]

Page 15

LONDON STOCKS STOCK PRICES opened mixed in dull trading yesterday, with interest centred on stocks reporting results. At 9.45 am the FTSE 100 index was down 1.2 points at 1306.0. Bowater fell 2p to 257 following annual results in line with expectations. Jaguar, however, eased 12p to 318 on final

Lum Chang negotiating to build hotel in China [ARTICLE]

Page 15

Lum Chang negotiating to build hotel in China By AMY CHECK LUM CHANG Holdings Ltd is negotiating to build a hotel in Canton, China. The company, which was listed on the Stock Exchange of Singapore only three months ago, is also considering two other proposals to build smaller hotels in

Latest

SAN HOLDINGS Bhd [ARTICLE]

Page 15

SAN HOLDINGS Bhd Group pre-tax losses for the year ended Sep 30, 1964 of Msl.ol million (million)on higher turnover of $3.34 million ($2.45 million). Total accumulated losses carried forward amounted to $16.42 million from $15.31 million.

GE Life's after-tax surplus up 4.6 pc [ARTICLE]

Page 15

GE Life's after-tax surplus up 4.6 pc By NAJEEB JARHOM GREAT EASTERN Life Assurance Co Ltd, the premier insurance company in Singapore and Malaysia, has managed a modest earnings growth in spite of a significant slowdown in the industry last year. Audited group after-tax surplus attributable to stockholders rose 4.6

COMPANY BRIEFS [ARTICLE]

Page 15

COMPANY BRIEFS NORSECHEM (M) BHD has agreed to acquire 9,400 shares, or 64 per cent, of Chemical Industries (M) Sdn Bhd for M$6 million. The consideration will be satisfied by the issue of 4.8 million new Norsechem shares of 50 cents each, per share. Chemical us tries is engaged in

KL prices suffer losses on all fronts [ARTICLE]

Page 15

KL prices suffer losses on all fronts THE KUALA LUMPUR stock market drifted through a lacklustre session yesterday, with share prices closing lower Ci all fronts. Trading, although lective, remained quiet with investors cautiously keeping to the sidelines. Share prices opened lower in line with the poorer performance of Wall

Business done on the KLSE [ARTICLE]

Page 15

Business done on the KLSE BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. MDUSTKIALS Ajinomoto (3 70S) A Choc (2 608 2.685) AMD

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Page 14

1984 will be seen as the turning point in the Group's recovery to full corporate strength. 99 Hongkong Land Profit after Taxation Consolidated net profit after taxation, but before extraordinary items doubled to HK$354 million. Earnings per share 16.5 cents. Profit Attributable to Shareholders Profit of HK$5O million after net

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Page 15

51 Itusi TIMES business Directory of Sin^iiporr A VALUABLE ASSET, IN ANY OFFICE,

YESTERDAY IN PARLIAMENT

HDB will serve Anson and Potong Pasir last [ARTICLE]

Page 16

HDB will serve Anson and Potong Pasir last ANSON and Potong Pasir residents will be served last by the HDB, National Development Minister Teh Cheang Wan said in Parliament yesterday. This is the first time the government is plainly saying that there will be priority in the provision of community

No special lift service [ARTICLE]

Page 16

No special lift service COMPLAINTS a boat faulty lifts started it »11. Several MPs had eemptalned about lifts in lIDB estates constantly breaking down and Mr Chandra Das sparked off the debate when he said the MP for Anson had given the impression that Anson residents had a "very special

Most disputes over services [ARTICLE]

Page 16

Most disputes over services THE SMALL Claims Tribunal has had 381 disputes brought to its attention since its inception. In reply to Boon Lay MP Goh Chee Wee's queries, Minister for Home Affairs S Jayakumar said there were 235 disputes over the provision of services, 139 over the sale of

Diesel tax [ARTICLE]

Page 16

Diesel tax THE QUANTUM on diesel tax to be imposed on taxis will be reviewed if it stands in the way of taxi-drivers earning more. The Minister for Communication and Information, Dr Yeo Ning Hong, is confident that the demand for taxis will not drop more than 15 per cent

Shares sold [ARTICLE]

Page 16

Shares sold SHARES held by the HDB in MND Holdings have been sold to the government. Profits from the sale, exceeding $100 million, will return to the HDB, said Mr Teh Cheang Wan, in reply to questions from Mr J B Jeyaretnam, who said it was not right for the

PM refutes Chiam's claims on new accounting system [ARTICLE]

Page 16

PM refutes Chiam's claims on new accounting system CLAIMS by Mr Chiam See Tong that the HDB's new accounting system would show government subsidies as mere "accounting entries" were refuted by Prime Minister Lee Kuan Yew. As the major formulator of the system, as well as the person responsible for

HDB to be sympathetic to families and shopkeepers affected by resettlement [ARTICLE]

Page 16

HDB to be sympathetic to families and shopkeepers affected by resettlement SHOPKEEPERS and families affected by resettlement would be among those who would benefit from a "kind and very sympathetic" HDB, Mr Teh Cheang Wan revealed when he answered criticism by MPs. But a request by Mr J B Jeyaretnam

Airline groupings set up new market programme [ARTICLE]

Page 16

Airline groupings set up new market programme By LIM SOON NEO MAJOR air carriers operating in Singapore have set up the Market Development Programme (MDP) which will come into effect on April 1 to replace the Yield Improvement Programme (YIP) operational since the late *****. This was announced yesterday after

India eases law on high-tech firms [ARTICLE]

Page 16

India eases law on high-tech firms Reuter INDIA yesterday announced a new computer policy and said it would allow foreign companies to manufacture high-technolo-gy electronic goods. The policy announced to Parliament by Minister of State for Electronics Shivraj V Patil further liberalised imports of computer technology and lifted restrictions on

New corporate member [ARTICLE]

Page 16

New corporate member THE SINGAPORE International Monetary Exchange (Simex) has given its approval-in-principle for the Hokkaido Takushoku Bank to be admitted as a corporate non-clear- ing member. This would bring the total number of corporate members on the Exchange to 69, comprising 32 clearing and 37 non-clearing members.

ICMA to help S'pore unit set up study group [ARTICLE]

Page 16

ICMA to help S'pore unit set up study group By SOH TIANG KENG Banking Correspondent BRITAIN'S Institute of Cost and Management Accountants (ICMA) will help its newly-formed Singapore branch in its plan to set up a study group to look into the management accounting problems of small companies in the

KL bans imports of ducklings [ARTICLE]

Page 16

KL bans imports of ducklings Bernama THE IMPORT of ducklings into Malaysia from Singapore has been banned temporarily since March 8. Malaysian Veterinary Services deputy director-general Dr Nik Mahmood Nik Mohamed said yesterday that production of the more than 20 duck farms in Malaysia had increased and it was only

Dow Jones lower [ARTICLE]

Page 16

Dow Jones lower Reuter WALL STREET stock prices were lower in early trading yesterday as investors reacted to the smaller than expected flash GNP figure for the first quarter. The Dow Jones Industrial Average was off slightly at 1265. Overall, losers led gainers on volume of eight million shares. The

LATE FILE

Indonesia eases investment rules [ARTICLE]

Page 16

Indonesia eases investment rules Reuter INDONESIA'S National Investment Coordinating Board (BKPM) plans to simplify procedures to attract foreign investment, BKPM vice chairman Sanyoto Sastrowardoyo said. Net foreign investment last year dropped to US$l.OB billion, down 57 per cent from 1983, BKPM figures show. Reuter

KL minister resigns [ARTICLE]

Page 16

KL minister resigns AFP MALAYSIAN Deputy Minister for National and Rural Development, Yahya Lampong, has resigned from the government and joined the opposition in Sabah. Mr Yahya sent his resignation to Prime Minister Mahathir yesterday citing "personal reasons" for quitting.

Taipei bank scandal evidence [ARTICLE]

Page 16

Taipei bank scandal evidence Reuter TAIWAN Finance Ministry officials have raided a plush club in Taipei and seized evidence of corruption involving a bank scandal that has affected one of Taiwan's largest industrial groups.

Sabotage ruled out [ARTICLE]

Page 16

Sabotage ruled out Reuter TWO senior Indian scientists have dismissed suggestions by the chairman of Union Carbide, Warren Anderson, that sabotage was possible in last December's gas leak at the firm's plant in Bhopal. The scientists were interviewed yesterday after Mr Anderson, announcing the findings of his firm's investigation into

Solidarity calls for protest [ARTICLE]

Page 16

Solidarity calls for protest UNDERGROUND Solidarity leaders called on workers to protest new price increases and threatened the government with a general strike unless their demands for wage increases are met.

Chen Muhua's new appointment [ARTICLE]

Page 16

Chen Muhua's new appointment AFP CHINA yesterday replaced Chen Muhua, Minister for. Foreign Economic Relations and Trade, and named her president of the People's Bank of China. The New China News Agency said the change was proposed by Premier Zhao Ziyang and decided at a meeting of the standing committee

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Page 16

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Page 16

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Page 16 Miscellaneous

Page 16 Miscellaneous Column 1 [MISCELLANEOUS]

Page 16

Outlook for today: Foir in the morning, showers in the afternoon. Report for 24 hours prior to 7 30pm on March 21 at the airport: Maximum temperature 32.6 Associated humidity 68 Minimum temperature 24.8 Associated humidity 94 Hours of sunshine 5.20 Rainfall in millimetres 0.4 Rainfall this month 57.8 Rainy

SHIPPING TIMES

Japan and S Korea to promote scrapping [ARTICLE]

Page 17

Japan and S Korea to promote scrapping JAPANESE and South Korean shipbuilders have agreed to cooperate in promoting scrapping to reduce the world tonnage oversupply, industry sources said. At a shipbuilding conference in Tokyo, South Korean and Japanese builders agreed the current shipping industry recession is mainly due to oversupply.

Ohm Pacific looking for bigger carrier [ARTICLE+ILLUSTRATION]

Page 17

Ohm Pacific looking for bigger carrier By G DURAIRAJ THE BERTHING of Malaysian flagship Ohm Mariana at Port Kelang on Wednesday marked a high point for Ohm Pacific as it was the first time that the handy-sized bulker visited the home port laden. For almost two years since it was

INDEX TO ADVERTISERS [ARTICLE]

Page 17

INDEX TO ADVERTISERS Shipping Uiw Pi •9* Col Atea VI 3 Ahrenkiel Liner V 4 AC Toepfer X 5 Andeka Shpg V* 1 ANL 1 1 Antoh Orient X 1 A PC Lme V 4 APL HI 4 Arrow Lines X 4 ASCL M 1 Asiobroker V 5 Atlas Lines

PORT SIDES

67th Sanko bulker [ARTICLE]

Page 17

67th Sanko bulker WHILE Japanese banks gather round Sanko, continuing solid in their support for the loss-mak-ing company, The Kaiji reports that the 67th Sanko bulker was delivered this month. Another was launched at the Hiroshima Works of Hitachi Zosen. The 37,722 dwt Sanko Helenium the 67th of 125 handy-sized

MOL suspends calls [ARTICLE]

Page 17

MOL suspends calls MITSUI OSK is suspending calls to the South Korean port of Inchon because of poor outbound cargo volumes and low freight rates for cargoes to North America. The company, one of six Japanese lines to serve the Far East-North America trade, has provided a service to Inchon

New freight rates [ARTICLE]

Page 17

New freight rates Reuter THE India-Pakistan-Middle East Shipping Conference plans a 25 per cent rise in freight rates effective June 1, its agent said. The India-Paki-stan-Bangladesh conference has said it will raise rates on westbound cargo 10 per cent effective May 1. Reuter

London underwriters weather the storm [ARTICLE+ILLUSTRATION]

Page 18

London underwriters weather the storm Fairplay DESPITE the events of recent years, rather than because of them, London remains the centre of the international marine insurance world, with premiums from both direct and reinsurance placements comfortably outstripping other leading markets. No definitive figures for the market as a whole are

Falmouth takeover [ARTICLE]

Page 18

Falmouth takeover FALMOUTH Shi pre pair, a subsidiary of British Shipbuilders, has been acquired by the A P AppledoreBellway consortum. The consortium announced its intention to go ahead with the purchase, in spite of a workforce show of hands last Friday in favour of rival bidder, Cenargo. It is believed

World tanker surplus [ARTICLE]

Page 18

World tanker surplus AFP THE world tanker surplus is still a "staggering" 152 million deadweight tonnes (dwt) or 42 per cent of the fleet, Drewry Shipping Consultants said in a report on Wednesday. They noted that the surplus exists despite the 88,780,000 dwt scrapped in the last four years. In

Scuttling tanker trial held up by legal technicalities [ARTICLE]

Page 18

Scuttling tanker trial held up by legal technicalities Reuter THE trial of 25 people accused of staging the biggest shipping fraud ever by scuttling a tanker resumed but immediately became involved in legal technicalities. Questioned about their competence, the five judges initially stood down but, after legal arguments before new

Semarang harbour [ARTICLE]

Page 18

Semarang harbour CargoNews Asia RENOVATIONS at Central Java's Semarang harbour are due for completion by the end of the year. Sea Communications director general J E Habibie has said the work will enable the port to handle ships in excess of 3,000 tons. The improvements are in stages the first,

LONDON FREIGHTS [ARTICLE]

Page 18

LONDON FREIGHTS GRALN chartering was the main feature of the freight market on Wednesday with at least five bookings reported on Egyptian account, dry cargo brokers said. Included among these was the booking of two vessels each for 25,000 long tons bulk wheat from US Gulf to Alexandria/Port Said at

Supply ship attacked in Gulf [ARTICLE]

Page 19

Supply ship attacked in Gulf AN OILFIELD supply vessel was hit in an air attack on Wednesday morning near the main Iranian oil terminal of Kharg Island, killing six people on board, shipping sources said. They said Kharg itself came under attack yesterday morning but there no installations damaged, and

Three keywords to keep port terminal afloat [ARTICLE]

Page 19

Three keywords to keep port terminal afloat Bernama THE three keywords to keep a port terminal afloat are anticipation, flexibilty and adaption, a Dutch port operations official said in Kuala Lumpur. Mr F Kuiper, managing director of a multi-terminal port in Rotterdam, said a port operator should be able to

US project to reduce crewing levels [ARTICLE]

Page 19

US project to reduce crewing levels Lloyd s List SHIPOWNERS and trade unions in the United States have agreed to take part in a US$l million govern-ment-sponsored research programme into reducing ship crewing levels. Initially the project will cover American President Lines and Pacific Gulf Marine of New Orleans, which

Shipowners to test liability of St Lawrence Seaway [ARTICLE]

Page 19

Shipowners to test liability of St Lawrence Seaway SIXTEEN leading Great Lakes shipowners in Canada are bringing a C 5275,000 test case to test the liability of the St Lawrence Seaway for last November's bridge failure. More than 200 ships were trapped when the Valleyfield bridge in Quebec broke down

New futures venture [ARTICLE]

Page 19

New futures venture TWO highly-respected shipbroking companies in the United Kingdom are planning to trade jointly in freight futures when Biffex (The Baltic International Freight Futures Exchange) is launched on May 1. Matheson (Chartering) and Anderson Hughes and Co, are to form a joint venture with GNI Ltd, the European

CONSORTIA [ARTICLE]

Page 19

CONSORTIA THE MAJOR shipping consortia operating between the Far East Europe, Far East Persian Gulf, Straits ports Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits

SHIPS IN PORT where your ships are due...and when [ARTICLE]

Page 24

SHIPS IN PORT where your ships are due...and when A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of

CONTAINER SCHEDULES [ARTICLE]

Page 25

CONTAINER SCHEDULES CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location RR Ratna Kazukawa M E Humanity Supanya Family Ace As Plutus Jenwel Tanghe Takari II Prasetia Thana Bhum Zim Brisbane L'pool Bay Meonia Hermes Ace

Who acts for whom... [ARTICLE]

Page 25

Who acts for whom... The leading shipping lines operating from local ports and their agents. A-B tret African Shipping Agencies ISI Afro-Eurasia Unr Transgroup ,s Ahrenklel Liner Service Kim Shpg < S Alfred C Toepfcr (Jceanus Shipping Agen cies (S i Marintex Enterprise i PK i Alpar Intrasea (S) Bintang

SHIPS IN PORT [ARTICLE]

Page 26

SHIPS IN PORT AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Marls Otter Oc Glory No 6 Potsdam Regent Ruth Rena R Viking Sky Silver Dream Tam'tai Samoa Union Trader Vega Frotakobe I Yermoshkin Jenson IV Koheng Kota Wirama Ntnhco Sea Architect Shoun M No 6 V'va Kaumudi

Page 17 Advertisements

Page 17 Advertisements Column 1 [ADVERTISEMENT]

Page 17

r v, Published by 1 TIMES BOOKS INTERNATIONAL r*» Times Centre f 1 New Industrial Road t Spore 1953 Tel: *****44 A memhef ot ">e times o«gcxiisa«>oo SS6 50 gg JARDINK Jardine* ANT AH OOCL ORIENT OvEIQEAS Contain** LINE FULLY CONTAINERISED SERVICE IC EUROPf VIS SUEZ •T.«. BROS 24* CHMA

Page 17 Advertisements Column 2 [ADVERTISEMENT]

Page 17

aUASC UNITED ARAB SHIPPING CO (SAG) SEALORD SHIPPING AGENCIES 70 Shanton Way 04-02 C Marina Houaa. Singapore 0707 Tal: *****94 Tat», No MS 254i9l CFS offica TPC -03-30 Tal *****31 and *****32 Tarminal offiea TPC -tO3-29 Tal No *****90/*****93 .If.imWXMM NATIONAI LINE OF BAHRAIN, BAQ, KUWAIT. QATAR. SAUDI ARABIA AND

Page 17 Advertisements Column 3 [ADVERTISEMENT]

Page 17

f Available at all Good Bookshopi T||fjTimes Ik? Distributors MAERSK LINE EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA TO I PAt'IKK (iUl.h ATLANTIC. FAST CANADA INI AND POINTS wmm LOUS MAERSK LEISf MAERSK "SJNGAPOW aosnc TMS CT 25/3 UOOHRS CFS 24/3 2300HRS 13/ 11/ 15/ 21/ 20/ TO

Page 18 Advertisements

Page 18 Advertisements Column 1 [ADVERTISEMENT]

Page 18

Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Feeder ¥sJ PK PH SP Itoiler VSI FAMK.Y ACE 25/3 26/3 21/3 I APOILO MARIA 5/4 6/4 S/4 ZEELANDIA o.o*l ACE 1/4 9/4 11/4 2EIAKXA MS ACE 11/4 15/4 21/4 P ARRO* Pacific South Wast Feeder at Tokyo Motor VSL LA/IB OAK I

Page 18 Advertisements Column 2 [ADVERTISEMENT]

Page 18

If you arc looking for Special or Fa st Ships, *-15 m a. uu y «n" Call us. wt have the answer! HONG LEONG-LURSSEN SHIPYARD BHD. Il v-l^n Supercarrier Service 23/3 27/4 31/3 1/4 5/5 10/4 12/4 17/5 22/4 23/4 27/5 1/5 2/5 7/« I 10/0 11/5 12/5 17/t 20/0

Page 19 Advertisements

Page 19 Advertisements Column 1 [ADVERTISEMENT]

Page 19

The Straits Steamship Group Mansfield Container Shipping Pte Ltd Overseas Containers Limited CONTAINERSmP SERVICE 10 UK/CONTINENT CARDIGAN MY OSAKA BAY LIVERPOOL BAY TOKYO BAY KIT AM MAM THAMES MMtU an OF EMBUKH TOKO EXPRESS CARDIGAN BAY OSAKA BAY S tan Wbwf frem 10/4 12/4 14/4 17/4 19/4 21/4 24/4 24/4

Page 19 Advertisements Column 2 [ADVERTISEMENT]

Page 19

Franco Belgian Services J+r Ifli. wvi fi* /tan Far Lms) 4» (MEMBER OF ACE CONSORTIUM) nju comwn sawct to europf FULL COWTAWKHP saw FROM I STOR PJtELANGIc Have ('dan fZitm* Ham KTurj Bttamn A'aap LiHm M«m( S pat T( MS MOULD MKt 24 Mar Mar IS Apr 17 Apr IS

Page 20 Advertisements

Page 20 Advertisements Column 1 [ADVERTISEMENT]

Page 20

Hapag-Lloyd EXPORTS TO CONTINENT/UK Cartfcan B«> Out) Bit Liverpool Bay Tofc*o Bm Kitano Maru Itumes Maru City ot CMurgh Toko Eipress Sport P Ketang S'ton 24/3 25/3 11/« 29/3 31/3 10/4 19/4 211* 21/4 30 4 4/5 6/5 12/5 14/5 On carriafe to Scandmavia, Med, Carribean &S. America Inland haulage

Page 20 Advertisements Column 2 [ADVERTISEMENT]

Page 20

K S LINE MO*»A i* J*'*** >■*. FULLY CONTAIN ERISED SERVICE TO EUROPE Vl* SUEZ »> *ce Comortun IRMCNOMID BRDGE 24W CHMt CONTAM* 29W KOREAN CHANCE 21* HONGKONG CONTWCIt 44* OHintl C«f <3* AISO IOADMG FOR BRFMERHAVEN tht Ac* Convortium IK* Sport* KH LA Oakland Seattle Van BC H* Spore"

Page 20 Advertisements Column 3 [ADVERTISEMENT]

Page 20

Ap\ THONG SOON AGENCIES PTE. LTD. *09-07. ROBIN A HOUSE. SPORE 0106 TEL: *****88 TELEX RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORE TO PENANG KIM SOON LI SINGAPORE TO KUCHING •EQUATOR 25 Mar 'EQUATOR W 1 Apr SINGAPORE TO SABAH PORT •BUILDER HI 22 Mar 25 Mar K Kmabalu 1

Page 20 Advertisements Column 4 [ADVERTISEMENT]

Page 20

EVERGREEN Full Container Service I Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W.MEDVFE) SGP HKG *SG KIG PUS OS* TYO KSN CHS NYC BAL »G FIX RDM ANW U* MC SGP 1/4 27/4 1/5 3/5 5/5 14/5 17/5 H/5 20/5 22/5 24/5 15/4 1314*0 20/3 rt/1 1/4 2/4 5/4 7/4 1/4 27/4 1/5

Page 20 Advertisements Column 5 [ADVERTISEMENT]

Page 20

HISI NOSE m MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Lowfinc to B. Abbas. B. POST KELANG PENANG SMOSE MARITM PTE LTD TEL ******4/7 I *****70 MALOSE MARITME SON BMO Tel *****2/3_ MALAYSIA TRADE I TRANSPORT LTD Tel ***** i ***** KYOWA LINE TO PAPUA NEW

Page 21 Advertisements

Page 21 Advertisements Column 1 [ADVERTISEMENT]

Page 21

VYC PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 HONGKONG SINGAPORE LOADING FOR: KOTA WUAYA KOTA SALAM KOTA JAVA KOTA MUTIARA E-557 29-30/3 3-6/4 E-559 2-3/4 7-10/4 E-561 10-12/4 16-20/4 CP/8/85 12-13/4 17-20/4 ADEN. HODEIDAH, JEDDAH. AQABA DJIBOUTI. HODEIDAH. JEDDAH. AQABA, PT SUDAN HODEIDAH. JEDDAH.

Page 21 Advertisements Column 2 [ADVERTISEMENT]

Page 21

BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE EUROPE FROM EUROPE HAM B'HAVIN I "DAM HAVRE UK Lnrerpool by Saied Sated SttH Saied Salad Frasfchst Eipress Saied SjM Saied Saied Saitd T«ky« Bit Saied Saied Saied SaieO Saied Mam Mara Saied SaM Saied Saied SaM Han*w| Sipifii SaM SaM SaM SaM

Page 21 Advertisements Column 3 [ADVERTISEMENT]

Page 21

DJAKARTA LLOYD INDONESIAN NATIONAL LINE FAR EAST STORE SERVICE FULL CONTAINER VESSEL. BUSAN YOKOHAMA KOBE RAOHSUNG HR SCOW TGPRIOR MAIAPAHT VII 4/3 1/3 10/3 lt/3 17/3 22/3 <4/3 hh> :if.l > ;(i. EAST BOUND SOMAI VTtB WEST BOUND sr STORE 9/4-13/4 (DISC OUT) SP PR B'BAO ID* RVAM/ATMM CSTER HfIURG

Page 21 Advertisements Column 4 [ADVERTISEMENT]

Page 21

BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Spore PKetant Penanj 25/26 Mar In Pt/23 Mar 30/31 Mar 28/29 Mar BANK LINE SEMI CONTAINER SERVICE TO UK/CONT SPORE R'DAM HULL HMBG IVYBANK 19 Apr 15 Moy 18 May 21 May CLYDEBANK 5 May 31

Page 22 Advertisements

Page 22 Advertisements Column 1 [ADVERTISEMENT]

Page 22

V Kline KAWASAKI KISEN KAISHA, LTD. USA CANADA PACIFIC COAST (Including DESTINATIONS INLAND vim IPI MICROBRIDG E MINILAND BRIDuK) .../ID <t»TTI f OAKL MOTHER VESSEL S PORE PKLG PENANG SPORE T/S PORT ASIA MARU V5l 24 Ma- 25 Mar 27 Mar 29 Mar (TK) 19 Apr TOKYO MARU V2O (TK)

Page 22 Advertisements Column 2 [ADVERTISEMENT]

Page 22

CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE lo*)ing lor IOSANMtiS SAM fRANCtSCO SIMM TACOHA VANCOUVER BC fCI fCI ConUmvs AUSTRALIA EXPRESS CONTAINER SERVICE Accepting fCI FCI Contains VISHVA KAUMUDI In Pt Mr RAMOAS 76 Mai 28 >9 Mar KABIRDAS 17 18 Apr RAVIOAS ?6 ?7 Apt ?S Apr li Apr

Page 22 Advertisements Column 3 [ADVERTISEMENT]

Page 22

SANKD ASIA FROM JAPANESE ROUTS AMO HOMQKOMG GOLDEN LINE Wre.SS* GUM GUAN SHIPPING (PTE) LTD V *"»f lun t hovmcul Bant Butong W Ceci Street SWGAPORE 0104 TEL *****90 (10 IKS) Tri Kuala Ltmpw SO2ll w P Kelanc 3879(1 Penang 3«54M Paw Gudang Agent ORENT LLOYD (M) SON BHD TEL

Page 22 Advertisements Column 4 [ADVERTISEMENT]

Page 22

INTRASEA (PTE) LTD 10 Anson Road #27 16 International Plaza Singapore 0207 Tel *****1 1 (10 L.nes) o BREAKBULK SERVICE TO EUROPE/UK OCEAN NMD *****03 S pore P KeUnj loitfcnt torI Apr SfTE/ANT/ROTT/11-K. (AVON) W JSEAWOOD AND S pore P Ming Loadnt for: .I^^^ ALEV 29/3 leddah Monljtcorw Salerno Valencia

Page 23 Advertisements

Page 23 Advertisements Column 1 [ADVERTISEMENT]

Page 23

NOL NEPTUNE ORIENT LINES LTD I TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia TW BRIDGE S pore Closing Times: FCL Cargo 0600 24/3 LCL Cargo 1800 23/3 FROM EUROPE (VIA SUEZ) Havre HK CONTAINER 43E Sailed C PAUL 43E Sailed CROZE 42E Sailed N CRYSTAL 2K 27/3 MAETERLINCK

Page 23 Advertisements Column 2 [ADVERTISEMENT]

Page 23

SP«I» »amis NEPTUNE AGENCIES Pit LTO Trt ?*****7/?7«5434 (Bookr^ 1 ???7510/??1?0?? lOpentwrn) ????487 ??09?84 (Terrtwul) ??0?4S0 ??0?S04 (CFS) AGfNIS TUNAS SI TIA SOW BHD Kl IH *****0 *****4 PK let *****4 PEN Tel *****S- *****b FULLY CONTAINERISED SERVICE COLOMBO, ARABIAN GULF, [RVICE TO F. RED SEA, E C INDIA I

Page 23 Advertisements Column 3 [ADVERTISEMENT]

Page 23

m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS 2510S P KELANG M/S SHARK AT NAH SOON SOU BK) IST AND 2ND FLOOR NO 1 JAIAN CEMPLNING PORT

Page 23 Advertisements Column 4 [ADVERTISEMENT]

Page 23

SIM SWEE JOO SHIPPING SDN BHD EXPRESS TO BINTULU P. K riant Penanj load** tor SWEE LONG SATU Voj 72 In Port KntiAi. Mn CONTAINERISED SERVICE RBUAN MYA Voy 45 In Port Kudinf, Situ. BmtiAi. Mri Agents: JAMBATAN MERAH SDN. BHD. P. Kelang: *****6 7 K.L. *****7 *****1 Penang *****

Page 24 Advertisements

Page 24 Advertisements Column 1 [ADVERTISEMENT]

Page 24

Kci|i«nal Container Lilies 3 Sailings Weekly \f) Reliable Regular Punctual Berthing P S.A Mon, Wed Sat KCI, HINODE KISENI CO. LTD I LTRA HKAVV LIFT AKKIKK SINGAPORE ISLANDS LINE S'pore Loadnt 29/30 Mar Pt- Louis, Tamatave, Mombassa. Daressalam D VEB DEUTFRACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE TO EUROPE SPORE ANTNERP

Page 24 Miscellaneous

Page 24 Miscellaneous Column 1 [MISCELLANEOUS]

Page 24

Regional Weather -C* fc r J, /(k/ I, J i-4 m 35 *Al<4 m 5 y EES!* SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. °c cT w Wind direction with speed in knots Wove height LEGEND: 5 Thunderstorm °°-/vJ.nd d ct,on with speed m knots y Shower

Page 25 Advertisements

Page 25 Advertisements Column 1 [ADVERTISEMENT]

Page 25

MBC AGENCES Irnmm K. LUMPUR M P. KELANG IHBHPgQK *****8/*****6/*****®/*****3 *****1/4 TEKMNAL 3M3SI/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE rrairr: mr« rTf EaEH EH EZZIEQI riMCTTTMIM.i:''ir:iHniTJ BHf ITMIBM IDE— ITWTCM CTM FTTM ALSO ACCEPTMG FOR WfTWKf, L. HARVE, UK. BREMEN. COPENHAGEN, OSLO ALSO ACCEPIMG FROM EUROPE: ATM HAM.

Page 25 Advertisements Column 2 [ADVERTISEMENT]

Page 25

Cheng Lie Navigation Co., Ltd. r COK!wet soma TO MmOK/HONGKONC/TMIM STOK MU MM KB UO KM 2J/3 1/4 7/4 11/4 Stt 7/4 11/4 14/4 11/4 M/ 4 GENERAL AGENTS CONTINENTAL FEEDERS PTE. LTD., T*«: *****51 T«te>: RS ***** FEEDERS GOOD HARVEST LINES GOLDEN WTKEKP MD tf* JED/f. SUDAN/AQABA TBN 1

Page 25 Advertisements Column 3 [ADVERTISEMENT]

Page 25

LIZENA PTE LTD *****67, 733 MM TSISK R*****1 Loadmf for mots KWIK NUn Kara SEiraCE TO EAST MUMNTM (M»GM FU6) PROMPT SHIPPING LINE S*. kgulm Mount r jo soma to nest mum ran cm a rum HUMGHtt CMC* ISA M MATMX. POMTOOE. l**i£. DOUAU COTOMOB LOW LAGOS (*t) MDMA HCTOWK

Page 26 Advertisements

Page 26 Advertisements Column 1 [ADVERTISEMENT]

Page 26

EAST ASIA LINE (Malaysian Hag) Rsgutor Liner Senrtcee Between (TftA/B'POR£/INDIA P. Keiong P. Gudong S pore Ldg foe ANAH 2S/3 31/3 Infciy WERA PERTAMA 2/4 4/4 S/4 Madm/ ttOlM JAPAN/STRAITS/ JAPAN $01 VICES Bmbty LAMBOR 21/3 */3 Na|/Ko6« TMh EAST ASM SHTPMG SON. BH> TEL: *****2/36 TLX: MA: ***** JALAL

Page 26 Advertisements Column 2 [ADVERTISEMENT]

Page 26

sHipping (Singapore) private limited REGULAR LINER SERVICE VSI ETA/ TRAS4A 27/3 COHTITRA 24/3 TRASTATE 26/3 IST 4 3/4 SEAL I 21/3 SEAL I 2/4 ACCEFTMG LCL/FCL ETA/SM DESTN 27/3 TOKO/HONGKONG 24/3, 4/4 ANT/ROTT/IK/HBG 26/3 LA/NY/HOU 3/4 DARWW/SYD/MEL6 21/3 BKK 2/4 BUSAN/XMGAMG/HKG/KEELUN6 EUROPE/FAR EAST LINER SERVICE [cet CREST EXPRESS LINES LT

Page 26 Advertisements Column 3 [ADVERTISEMENT]

Page 26

C.Y. LINE (A Member Of TK« ACE Consortium) CHO VANG SHIPPING CO. LTD FULLY COHIMKMSED SERVICE 10 EUtOK («U StIZ) S poie P AH* TRANSHORID BRCGf ?4N 74/3 24/3 CMNA CONT UN It 25* 3/4 1/4 KOREAN CHANCE ?1W 10/4 1/4 HONGKONG CONTAOtR 44R 17/4 15/4 ItHarvc M'bwj Binn Antwerp

Page 26 Advertisements Column 4 [ADVERTISEMENT]

Page 26

Everett Lines COMPAff A PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" loa*M lot Ca*ao Hilar an. Mo jnd all Ottwf Peiuaian ports «ritl> trjny»pnwnt it Hot* On CPV Through Ms ot lading lo final destination HUGtCVERf Tt MAAOLOEVERETT K*ffvtwn P KeUnf 23/25 Mar 31/2 Apr «/10 Apr Saifaporet 26/27 Mir

Page 26 Advertisements Column 5 [ADVERTISEMENT]

Page 26

ZIM NON-CONFERENCE MDEPEMDENT FULL CONTMO SERVICE accep car joes to USA East t Nest Coast. Carribbean and East Canada m HA* A I 1 Dpi 1? Apr curomul w Apt io Mar ?3 Apr 20 Mar 1 Ma? Mir 4 May Mar TOM) tnwss NRG fXWSS ZIM EILAT CONTAINER LINE