The Straits Times : Weekly Overseas Edition, 4 November 1989
1989-11-04
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The Straits Times : Weekly Overseas Edition
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Title Section20 1989-11-04 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, NOVEMBER 4, 1989 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 37/8/8920 words
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Article, Illustration785 1989-11-04 1 Chok Tong: Every child and worker will be developed to fullest potential MORE will be spent to develop every child and worker to their fullest potential. First Deputy Prime Minister Goh Chok Tong, who made this promise on Wednesday, when he opened the Eighth785 words
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355 1989-11-04 1 The stock exchange split THE Koala Lumpur Stock Exchange (KLSE) is telling Malaysian companies to delist from the Stock Exchange of Singapore (SES) by Dec 31. To facilitate the move, the Malaysian companies will not need to get the approval of355 words
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Article, Illustration445 1989-11-04 1 TAN LIAN CHOO - ’He will fly to Bangkok from China to sign pact" By TAN LIAN CHOO Bangkok Correspondent BANGKOK Chin Peng, the outlawed leader of the Communist Party of Malaya. is expected to fly from China to Thailand to sign a pact that will dissolve445 words
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Article92 1989-11-04 1 KUALA LUMPUR The Malaysian government has temporarily shelved its plans to buy submarines because of financial constraints. Defence Ministry Secretary-General Datuk Nasruddin Bahari said. “We are not even sure if we can get one under the Sixth Malaysia Plan." he said after meeting visiting Turkish Navy92 words
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Page 1 Advertisements
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Advertisement87 1989-11-04 1 PM’s views on Asia and Superpower ties: Page 13 INSIDE Can any issue lead to walkout of some top PAP leaders? PAGE 3 NEWS FOCUS Hongkong's fall will be a loss, not gain, for Singapore PAGE 2 HOME Malays urged: Send strong signal that you are more self-reliant PAGE 487 words
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Advertisement13 1989-11-04 1 ntt:ypr-yaaa* 31b2 «UOOI tf jmk taa 7« r iTi» Membership has its privileges!13 words
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NEWS FOCUS
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920 1989-11-04 2 CATHERINE C ONG - if disaster hits Hongkong, whether in the extreme form of the 27th Army charging across the border or, more subtly, through the introduction of laws to deprive people there of the many freedoms they enjoy under British rule, Singapore920 words
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312 1989-11-04 2 CATHERINE C. ONG - CATHERINE C. ONG. HONGKONG Catholic organisations in Hongkong, acting under instruction from the church’s highest authority, have pulled out of a democratic alliance considered "subversive” by China, a church spokesman said last week. Most of the one dozen Catholic groups which were members of312 words
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Article, Illustration599 1989-11-04 2 FOR Miss Sally Aw Sian, press magnate from Hongkong, the means to join the media crusade against Beijing’s human rights records is readily available. But she does not think Hongkong should take on China. On that score she agreed599 words
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324 1989-11-04 2 EDITORIAL headlined “Lee's shrewd politics” in the South China Morning Post of Oct 20. SINGAPORE’S Prime Minister, Mr Lee Kuan Yew, rightly advised Britain at the Commonwealth conference to be more generous and ingenious in its proposed offer324 words
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Article, Illustration502 1989-11-04 3 MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad has said that he would like to see the eventual, but not immediate, withdrawal of United States military bases from the region. ‘‘We still have (Soviet forces at) Cam Ranh Bay and Danang502 words
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330 1989-11-04 3 LEE HAN SHIH - By LEE HAN SHIH SINGAPORE Airlines (SIA) plans to offer a ‘‘return home” package next year for emigrant Singaporeans to visit the home country during its 25th year of independence. News of such a package, said to be much cheaper330 words
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117 1989-11-04 3 KUALA LUMPUR A leader of the Malaysian Chinese Association has expressed concern about the declining birth rate among the Chinese in Malaysia and has urged them to have more babies, the Nanyang Siang Pau newspaper reported. It quoted Mr Chua Jui Meng, the117 words
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Article, Illustration356 1989-11-04 3 HANOPI Vietnamese Foreign Minister Nguyen Co Thach has blamed China and Singapore for blocking peace in Cambodia by adopting a stance which he sharply criticised as "a gross example of ‘diktat’. But Mr Thach, in an interview carried on Monday356 words
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197 1989-11-04 3 -AFP. HONGKONG About a dozen representatives of Hongkong's ivory traders and carvers staged a hunger strike last Monday to protest against the recently adopted global ban on the buying and selling of ivory. The strike outside Governor Sir David Wilson’s residence was scheduled to-AFP. - 197 words
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919 1989-11-04 3 MIKE YEONG - By MIKE YEONG, in The Sunday Times About two weeks ago. Prime Minister Lee Kuan Yew told a British newspaper. The Daily Telegraph, that a split in the People's Action Party could not be ruled out. Coming from919 words
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HOME
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578 1989-11-04 4 ZURAIDAH IBRAHIM - Tertiary fees proposal for Malay students By ZURAIDAH IBRAHIM SINGAPORE Malays will free themselves of a “oruteh mentality” If they aeeept the proposal to change the system of financing Malay tertiary education, Mr Yatiman Yusof, Parliamentary Secretary (Foreign Affairs) has said. He said he578 words
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Article, Illustration1077 1989-11-04 4 THE Malay communitywill send a powerful signal that it is becoming more self-reliant the day-better-off Malays start paying their own way through university, like Chinese and Indian students. Mr Goh Chok Tong has said. Non-Malays would then more readily1,077 words
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471 1989-11-04 4 FIRST Deputy Prime Minister Goh Chok Tong has assured the Malay community that he has no intention of changing Article 152 of the Constitution. which protects the position of the Malays. Interviewed by the Ma-lay-language Berita Minggu newspaper, he471 words
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Article, Illustration591 1989-11-04 5 MATHEW PEREIRA - By MATHEW PEREIRA THE Singapore Armed Forces is stronger today and Singapore more secure because of the work of local defence scientists, Brig-den (Res) Hsien Ix>ong said last Friday. BG Lee, who is Minister for Trade and Industry and Second Minister591 words
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157 1989-11-04 5 FORMER lawyer M. Sugunaretnam this week lost his appeal against a 15month jail term imposed on him by a district court in July for misappropriating nearly $70,000 from his clients’ and office accounts in 1986. As a result of his misconduct, he was made157 words
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Article, Illustration168 1989-11-04 5 THE winner of the first Defence Technology Prize Is Mrs Chen-Lim Kok Huang. Her citation states that she was a President’s Scholar, graduated from the University of Singapore in 1976 with a First Class Honours In electrical engineering and was awarded the168 words
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Article, Illustration507 1989-11-04 6 CEPHAH TAN - $l2 million theme park expected to be ready by 1991 By CEPHAH TAN THE ancient buildings in Qing Emperor Kang Xi’s beautiful summer resort in Chengde, China, will be recreated in a Woodlands theme park. Work on the $l2-million project may begin507 words
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Article99 1989-11-04 6 THE flag-down charge for taxis In Singapore will go op by II cents to SI.N from Dec 1. Luggage and third fourth passenger charges, however, will be abolished. The rate after the first 1.5 km of travel up to llkm has also99 words
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351 1989-11-04 6 SINGAPORE’S average electricity rate is among the lowest in the region despite the country’s total dependence on imported fuel oil to generate power. According to figures obtained by The Straits Times, the average tariff charged here 12.2 cents per kilo-watt-hour is up351 words
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157 1989-11-04 6 THE first 50,000 copies of the recently launched handbook, Chinese Customs And Festivals In Singapore, are expected to sell out before the end of the year. More than 10,000 copies, or a fifth of the first print run, have already been sold, said157 words
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240 1989-11-04 6 FLYING to Malacca for a weekend of golf may become as common as driving up to the Malaysian town, as Singapore’s second air charter service picks up business. A few golfing groups have been on trips to Malaysia and Phuket on planes chartered from240 words
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Article132 1989-11-04 6 A MAN, who tore a $lO note in two when he was given the money as compensation for his futile attempt to get his girlfriend’s back pay from her company, found in a district court that it was a costly show of temper. Abu bin Mohamed,132 words
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567 1989-11-04 7 CHUA CHONG JIN - Tourism industry may suffer because of room shortage, STPB warns By CHUA CHONG JIN THE big hotel squeeze is here, a situation that, if left unchecked, could adversely affect Singapore’s drive to bring in more tourists. Hotels here enjoyed the highest occupancy rate567 words
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Article188 1989-11-04 7 THE number of girls molested in Singapore is on the rise and police are out to curb this trend, particularly with the school holidays around the comer. The authorities are especially watchful for such crimes during the year-end school holidays as many girls with time on188 words
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Article, Illustration326 1989-11-04 7 CONRAD RAJ - By CONRAD RAJ MILLIONAIRE hotelier Khoo Teck Puat flew in quietly for a few days’ stay last week his first trip to the Republic since the Brunei authorities issued a warrant of arrest for him in November 1986.326 words
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731 1989-11-04 8 DOMINIC NATHAN - No problems reported at restaurants, night clubs, bowling alleys By DOMINIC NATHAN AN elaborate Chinese dinner for 600 people, but without a hint of cigarette smoke in the air that was the scene at a restaurant on Wednesday night on the first day of731 words
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211 1989-11-04 8 HOW the press in Asia can evolve its own concept of a free press will be one of the subjects of discussion at a two-day Asia-Pacific Press Convention organised by the Confederation of Asean Journalists (CAJ). About 200 pressmen from more than a dozen countries, including211 words
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Article58 1989-11-04 8 A REPUBLIC of Singapore Air Force A-4 Skyhawk jet crashed in the Philippines on Wednesday while on a training flight. The pilot, Lieut Tan Lee Hwang, 28, ejected safely from the aircraft and was picked up by a US Air Force rescue helicopter. The ministry has convened58 words
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Article, Illustration345 1989-11-04 8 JAPANESE firms operating in Singapore and Asean should nurture a pool of local top executives who are able to handle top management duties, the Minister of State for Trade and Industry, Mr Mah Bow Tan, said this week.345 words
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112 1989-11-04 8 TRADE and Industry Minister Brigadier-General (Res) Lee Hsien Loong will lead Singapore’s delegation to a ministerial conference in Canberra next week during which economic co-operation among countries in the Asia-Pacific region will be discussed. The two-day meeting is the result of Australian112 words
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Article32 1989-11-04 8 SINGAPORE and Mauritius have established diplomatic relations at ambassadorial level, the Foreign Affairs Ministry said. Mauritius, an island off the eastern coast of Africa, is a member of the Commonwealth.32 words
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Article, Illustration536 1989-11-04 8 TWO former non-executive directors of Pan-Electric Industries Limited (PanEl) were each fined $4,000 on Tuesday for failing to state in one of the company’s Directors’ Reports that fellow director Peter Tham had received a benefit arising from Pan-El’s dealings with his stockbroking536 words
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189 1989-11-04 8 ONLY approved foreign universities and colleges are now allowed to advertise in the The Straits Times group of newspapers and magazines. Lianhe Bao, which publishes two Chinese newspapers, has also followed suit. And at least one other publisher of education magazines said it189 words
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492 1989-11-04 9 CEPHAH TAN - By CEPHAH TAN BY 1995. Singapore will have about 500 high-tech farms churning out an estimated $650 million worth of fresh fruit, vegetables, flowers, poultry, fish and milk a year. Housed in 10 agrotechnology parks and occupying492 words
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92 1989-11-04 9 TWO groups of school principals from 10 “seed" schools, as well as other schools, will be making separate trips to Japan and Taiwan during the year-end school vacation to glean useful methods they can use to teach core values to primary pupils. The92 words
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Article, Illustration405 1989-11-04 9 FIVE independent schools, plus premier government school Raffles Institution which will achieve independence in January, will raise their fees from that month. The Ministry of Education said the six schools had informed it of the new fees. Anglo-Chinese405 words
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335 1989-11-04 9 THE visit to the Soviet Union by a team of Singapore Members of Parliament was “positive", and a first step towards closer ties between parliamentarians of both countries, delegation leader Tan Soo Khoon said on Friday. Mr Tan, the Speaker of Parliament, and335 words
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240 1989-11-04 9 MORE reservists who went abroad are allowing their exit permits to lapse and such abuse amounts to evading national service. Deputy Public Prosecutor Mathavan Devadas yesterday told a district court that 53 offenders were caught in the first seven months of this240 words
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Article44 1989-11-04 9 STUDENT Suie Peng Cheong. 20, who slipped into a coma after choking on a piece of mooncake in an eating competition last month died at the Singapore General Hospital on Sunday, after being in a coma for 51 days.44 words
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Article, Illustration535 1989-11-04 9 LEONG CHAN TEIK - Now he can work in peace without fear of arrest as an illegal immigrant By LEONG CHAN TEIK PARDONED illegal Thai worker Somkid Kamjan, who once sneaked into Singapore in the boot of a car, returned here this week by coach535 words
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Page 5 Advertisements
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Advertisement216 1989-11-04 5 uu SINGAPORE ENGINEERS WITH VISION V. w At EDB, we insist that engineers must have vision a vision to see Singapore as a developed nation by the *****. A nation that is as good as any developed country in terms of education and skill level, range and sophistication of economic216 words
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Advertisement523 1989-11-04 7 Singapore: Home to global companies v v > -X-M mmmm Build up a career in Singapore Visit Career Fair '9O March 1990 There is much going on in Singapore today. Our economy has developed to the point where we are now the Asia-Pacific hub for many industrial and business activities.523 words
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across the CAUSEWAY
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Article, Illustration1279 1989-11-04 10 Last week, Malaysia unveiled a Budget that contained measures to encourage private-sector investment in its booming economy. Malaysian companies were also directed to delist their shares on the Singapore stock exchange and list them only on the Kuala Lumpur market. Shortly before these announcements1,279 words
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308 1989-11-04 10 KUALA LUMPUR The Selangor Mentri Besar has “responded positively” to a proposal from the Malaysian Chinese Association (MCA) to amend a section of the Islamic Administration Act, The Star newspaper quoted the party's youth chief, Datuk Yap Pian Hon.308 words
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292 1989-11-04 10 could be resolved. Bernama. KUALA LUMPUR Umno Youth leaders met former Prime Minister Tunku Abdul Rahman on Sunday in a move to unite the Malays, the head of the youth wing, Datuk Seri Najib Razak, said. “The open discussion with the Tunkucould be resolved. — Bernama. - 292 words
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614 1989-11-04 10 ISMAIL KASSIM - By ISMAIL KASSIM KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad has directed Umno, the dominant partner in the ruling National Front government, to gear up its election machinery to face the hustings and ensure that the party continued to lead the614 words
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CAUSEWAY/ ASEAN
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344 1989-11-04 11 Minister may no longer reclassify Chinese, Tamil schools KUALA LUMPUR The government plans to do away with a controversial clause in the Education Act which empowers the Education Minister to reclassify Chinese and Tamil-language primary schools as National or Malay-language schools.344 words
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426 1989-11-04 11 KUALA LUMPUR The government has started a study of the flow of Malaysian workers out of the country to avoid being caught off-guard by a domestic labour shortage, which is likely in the year 2000. Labour Minister Datuk Lim Ah426 words
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190 1989-11-04 11 Bemama. KUALA LUMPUR More than half of the students in Form Three failed to make it to upper secondary last year. The 1989 90 Economic Report said that while 99 per cent of the eligible children enrolled inBemama. - 190 words
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216 1989-11-04 11 ISMAIL KASSIM - By ISMAIL KASSIM KUALA LUMPUR The Spirit of '46 under the leadership of Tengku Razaleigh Hamzah has resolved a potentially divisive problem by appointing veteran politician Datuk Harun Idris to the party’s Supreme Council. Sources close to the party said the decision,216 words
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Article, Illustration512 1989-11-04 11 AFP. MANILA Asean leaders want US military bases in the Philippines to stay, Philippines Vice-President Salvador Laurel said here this week. They "do not oppose the existence of the US bases in the Philippines for the time being”, despite theAFP. - 512 words
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114 1989-11-04 11 BANGKOK Thailand, a major conduit for heroin from the Golden Triangle, is planning tougher antidrug laws as the region braces for a bumper poppy crop, Thai and Western narcotics officials said. A draft Bill under consideration would allow authorities to seize the assets of traffickers114 words
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244 1989-11-04 11 ABBY TAN - By ABBY TAN, Manila Correspondent MANILA Philippine Foreign Secretary Raul Manglapus has rejected China’s claim that his secret trip to Taipei last week violated Beijing’s "one-China policy”. “There has been no violation of the one-China policy,” he said on Tuesday. “We (the244 words
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Article155 1989-11-04 11 JAKARTA Indonesians earning less than 1.4 million rupiahs (551,540) a year will not be required to pay any income tax from next year, the government has* announced. The new ceiling on annual income which will not be taxed is 50 per cent more than the present155 words
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COMMENT/ Pick of the week’s editorials
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Article635 1989-11-04 12 NOV 3, 1989 ONE obvious interpretation of the productivity message is for workers to produce more with the same or fewer resources. In the early years of Singapore's industrialisation, this was a sound approach to take. The emphasis then was on mass production of goods and635 words
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Article646 1989-11-04 12 NOV 1. 1989 THIS is one of those occasions when the words there are two sides to an issue ring true. The issue we are referring to is the government’s proposal to end the longtime practice of waiving university fees for all Malay citizens and646 words
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Article626 1989-11-04 12 OCT 31, 1989 MALAYSIA’S move to delist its companies from the Stock Exchange of Singapore has long been talked about, although there were parties on both sides of the Causeway which had hoped against hope that common sense would prevail. What came as something of626 words
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727 1989-11-04 12 OF SAINTS AND SOULS THIS Deepavali Week may never be the same again. At least not in the foreseeable future, I can confidently say. Let me explain. There were, during this week in particular co-ineiding with Deepavali Week 1989 w hich kicked727 words
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Article254 1989-11-04 12 "The West caused all these environmental changes through 2M years of cutting forests. Why Is the West lecturing us now? We know our responsibility. We will look after our jungle. We cut trees according to set plans. We cut only mature trees. The tropical forest regenerates In 2#254 words
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COMMENT/ Perspective
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Article, Illustration2062 1989-11-04 13 KAREN ELLIOTT HOUSE; and BARRY WAIN - The Prime Minister, Mr Lee Kuan Yew, recently gave an interview to The Asian Wall Street Journal. The following are excerpts from the interview which was first published in the Journal on Oct 27. By KAREN ELLIOTT HOUSE and BARRY2,062 words
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TIME$
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Article, Illustration713 1989-11-04 14 SIVAM SUBRAMANIAM - Audit panels for listed firms among proposals adopted By By SIVAM SUBRAMANIAM THE Parliamentary Select Committee appointed to scrutinise the Companies (Amendment) Bill 1989 has endorsed the bulk of the proposals which aim to develop Singapore's securities market and strengthen the means to713 words
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490 1989-11-04 14 SIVAM SUBRAMANIAM - SIVAM SUBRAMANIAM. THE definition of what constitutes a serious fraud case was one of the key issues in the discussion between the Select Committee on the Companies (Amendment) Bill and the Institute of Certified Public Accountants of Singapore (ICPAS). While both490 words
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Article158 1989-11-04 14 COUNTER RATES Singapore dollar* to ona unit ot toraign currency Buying OD Selling US dollar I 9450 1.9630 Sterling pound 3 0443 3.0957 Australian dollar I 4982 1 5370 Canadian dollar I 6529 1.6814 NZ dollar 1.1277 1.1611 Singapore dollars to 100 units ot foreign currency Austrian schilling158 words
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Article324 1989-11-04 14 MR TAN Eng Joo was this week elected as the president of the Singapore Chinese Chamber of Commerce and Industry (SCCCI), succeeding Mr Linn In Hua who resigned because of health reasons. Mr Tan, 70, who until the election was the SCCCI vice-President, is also324 words
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146 1989-11-04 14 (S$*.3 billion). Bernama, NST. NST. KUALA LUMPUR The National Electricity Board (NEB) will be privatised in January, the Minister for Energy, Telecommunications and Posts announced this week. Datuk Seri S. Sarny Vellu said the Cabinet, which made the decision at its weekly meeting(S$*.3 billion). — Bernama, NST.; NST. - 146 words
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362 1989-11-04 14 •“6 VMjVVWWUJ UJ IIIC SMBA. – GOH ENG YEOW - •“6 VMjVVWWUJ UJ IIIC SMBA. GOH ENG YEOW. THE Parliamentary Select Committee on the Companies (Amendment) Bill has redefined "sophisticated” investors. They now refer to those with assets exceeding $1 million or incomes of at least $200,000 in the 12 months preceding their purchase of362 words
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748 1989-11-04 15 GOH ENG YEOW - Strong first-half show puts slb full-year earnings within easy reach By GOH ENG YEOW SINGAPORE Airlines, which has just announced an equity tie-up with US-based Delta Airlines. has put in a sterling performance for the first half of its financial year ended748 words
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Article, Illustration708 1989-11-04 15 CONRAD RAJ - By CONRAD RAJ SINGAPORE Airlines is pursuing an alliance with a European carrier similar to the one it has just entered into with America’s Delta Airlines. Speaking at a press conference on Monday to mark the tie-up with Delta, SIA chairman J.Y708 words
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Article74 1989-11-04 15 temational markets, including San Francisco. Be mama. KUALA LUMPUR Kentucky Fried Chicken Holdings (M) Bhd plans to open a new Sate Ria outlet in San Francisco if its latest outlet in Taman Maluri here proves a success. Executive director George Ting said the satay outlettemational markets, including San Francisco. — Be mama. - 74 words
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108 1989-11-04 15 HIT BY the aftershocks of the Tiananmen Square massacre on June 4, a number of foreign property investors in China, including the Kuok group, are now seeking to reschedule their loans. A Reuters report from Hongkong said Kuok and its Chinese partner have108 words
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758 1989-11-04 15 Sharemarket review THE Singapore stock market put up a bold front on Tuesday after initial nervousness over the impending split of the local and Kuala Lumpur exchanges led a to spate of selling on Monday. But lack of follow-up buying and profit-taking pared most758 words
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Article61 1989-11-04 15 THE Straits Times Industrials Index rose 11.52 points on the week to 1,330.72 points. Day-to-day indices: MONDAY: 1,302.78 points (down 10.40); 58.01 m units (valued $110.8m); TUESDAY: 1,332.41 (U p 20.03); 01.28 m unite ($114.04m); WEDNESDAY: 1,335.24 (up 2.83); 03.07 m unite ($128.05m); THURSDAY: 1,390.18 (up 0.94);61 words
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Article59 1989-11-04 15 THE New Straits Times Industrials Index (ell 17.00 points to 2,409.40 points. MONDAY: 2,432.00 points (down 45.70); 32.780 m unite (valued M9C1.403m); TUESDAY: 2,402.89 points (up 99.23); 24.538 m unite (valued M544.345m); WEDNESDAY: 2,473.77 (up 19.88); 27.857 m units (M851.247m); THURSDAY: 2.478J8 (up 2J3); 30.927 m unite59 words
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Article6866 1989-11-04 16 1 All shares quoted have a par value of $l, unless otherwise specified. Adjusted for scrip/rights. N Tax-exempted dividend P/E ratios and gross yields of foreign shares are adjusted for currency differences. Trustee stocks under LPf Approved Investment Scheme. Margin stocks. ABN is traded in lots of6,866 words
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Article621 1989-11-04 17 Friday Novambar 1 MKI Allied Overseas 0 86 unch Amoy Properties 2 TO 005 Asia Sac Int'l 2.10 unch Asia Sac War 91 050 unch Bank of EA 16 00 040 Bond Corp Int'l 162 -0 02 Bond Corp War 01 064 -0 02 C P Pokphand 0 97621 words
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Article234 1989-11-04 17 Manager's prices for November 4 6 Singapore Unit Trust The Commerce 117-1.24 The Savings Fund 100-1.06 Spore Prog Fund 045-0.49 S'pore Sec Fund 0 74 —0.79 S pore Invest Fund 0.76—0.81 S’pore Equity Fund 0 56—0 60 Asia Unit Trust Mai Invest Fund 158-167 Mai Prog Fund 0.43-0.46234 words
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Article, Illustration545 1989-11-04 18 DOREEN SIOW - New firm will market soft drink brands of both companies By DOREEN SIOW LOCAL food and beverage giant Fraser A Neave Ltd this week announced plans to form a new joint-ven-ture company with the Coca Cola Company of Atlanta, Georgia, to take over its545 words
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Article125 1989-11-04 18 Bernama KUALA LUMPUR United Engineers (Malaysia) Bhd has announced a 3-per cent increase in group pre-tax profit to M 533.82 million (5524.35 million) for the nine months ended Sept 30 this year, on a 46 per cent higher turnover of M 578.17 million (M553.42m previously),Bernama - 125 words
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395 1989-11-04 18 KEVIN GWEE - KEVIN GWEE Business Times. GENTING BHD’s gaming and hotel arm, Resorts World Bhd (RWB), has forecast a gross profit of M 555.45 million and M 5173.72 million for the years ending Dec 31, 1989 and Dec 31, 1990 respectively. This translates intoBusiness Times. - 395 words
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Article950 1989-11-04 18 Current Ex Books Date Total «or Total tor payment date CiOM payable the year last yea A 1 S B 12% lb) Dec 27 Jon 11 Jon 23 12% 10% A M D B 2% lb) Nov 16 Nov 30 Dec 29 2% 1% A Enterprises 5% I*950 words
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Article342 1989-11-04 18 Company RIGHTS ISSUE Ayer Hitam Tin One-for-three M$1 X per share Ex date: Oct 12 Books close; Oct 26 Acceptance Payment: NYA Eu Yan Song Renounceoble one-for one rights issue of $8 98m 3% unsecured loan stock 1989/1994 ot par One TSR will be ollotted for every two342 words
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Article282 1989-11-04 18 Company RIGHTS ISSUE A Enterprises Three-for-four M$230 per shore Ambassador Two-for-one $110 per shore C 1 Holdings issue of 27mloan stocks in the ratio of $3 loon stock for every five ordinary shores held P A C B One-for-one MjOdO per share Pober Merlin One for one MJ0282 words
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553 1989-11-04 19 HOCK LOCK SIEW - By HOCK LOCK SIEW in Business Times INVESTORS wondering what to do with their Malaysian and Singapore stocks after last Friday's “split” bombshell should note this: First, whatever happens, value remains. No government can take away the legal title you553 words
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519 1989-11-04 19 KEVIN GWEE - By KEVIN GWEE in Business Times THE MOVE to delist Malaysian stocks have added further shine to Singapore’s homegrown Sesdaq companies. Sesdaq counters are beginning to look increasingly more attractive with the added possibility of the authorities speeding up their519 words
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231 1989-11-04 19 182 counters. Business Times. THE Kuala Lumpur Stock Exchange (KLSE) lost no time in amending its listing requirements on Monday to set in motion the government edict to delist all Malaysian companies from the Singapore exchange. Some of the companies, however, were at182 counters. — Business Times. - 231 words
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Article658 1989-11-04 19 Week ended Oct 27 Compiled by JULIANA TAY AUDITED RESULTS Company Yaar to Group Nat Nat aamlnga Groaa proftt/loaa (L) par ahara divldand (’000) (cant») Bousteod Jun 89 M$22,2I2($4,939I 12.5(2.8) 1518» Kuolo Sidim Jun 89 M$ 18,867 ($10,193) 19 3(1041 13(1151 M Bonking Jun 89 M$80.584I$38,0I2) 25.5(124) 18(181Compiled by JULIANA TAY - 658 words
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273 1989-11-04 19 DOREEN SIOW - DOREEN SIOW. PROPERTY blue chip Singapore Land Ltd yesterday announced a 20-per cent increase in pre-tax profit to $29.61 million for year ended Aug 31. It also disclosed an agreement to buy another 12 per cent of Gateway Land Pte Ltd273 words
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FORUM
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READERS' VIEWS ON NOMINATED MPs PROPOSAL
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Article139 1989-11-04 20 I READ with interest the report on Nominated Members of Parliament (ST, Oct 20), It is natural that some of the people contacted by you may have reservations j regarding the success of the proposal for Nominated MPs. Your readers may be interested to139 words
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780 1989-11-04 20 THE observation by Dr R.C. Cooper (ST, Oct 24 see adjoining column) that the system of nominated members of Parliament has worked in India is interesting. It began with representation of minority and sectional interests like the Anglo-Indians. Also, Mahatma Gandhi, with his780 words
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199 1989-11-04 20 I REFER to the letter "Should interview decide future?" by Cheong Yuen Hing (ST, Oct 6 Overseas Edition, Oct 28). Candidates applying for admission to medicine must satisfy the cut-off point (based on A level results) for the course before they are called for an199 words
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190 1989-11-04 20 AS a British expatriate now in his fourth year here, I applaud all that the Government is doing in its effort to reduce the terrible toll that smoking takes and to improve the environment for the non-smok-ing majority. The new190 words
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Advertisement242 1989-11-04 20 /7i<* Sr miis'l idn^ Now, keeping in touch with what’s happening in Singapore couldn’t be easier. Or more economical. Because all the major news of every week is condensed into one paper. The Straits Times Weekly Overseas Edition. Printed on lightweight paper in convenient tabloid size, it fills you in242 words
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Advertisement132 1989-11-04 20 Dear Readers THE Straits Times welcomes letters from you. Your letters must include your signature, full name, address, and home and office telephone numbers. They should preferably be typed, doubled-spaced, on one side of the paper. Brevity is an advantage. We do not accept for publication letters from writers who132 words
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Advertisement1166 1989-11-04 21 APPOINTMENTS Expanding International design consultancy compam invites applications for the position of i ACCOUNTS DIRECTOR M SINESS DEVELOPMENT MAN \GER The professionals wr require will be higlilv motivated and achievement oriented. Bright and creative, thev thrive on problem solving. Successful candidates will be responsible for the development of new businesses1,166 words
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Page 22 Advertisements
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Advertisement1009 1989-11-04 22 APPOINTMENTS specialists in EFT OLTP. OA INFORMATION SCIENCES PTE LTD is a software house specialising in Electronic Funds Transfer, Online Transaction Processing and Office Automation systems, and is part of a group of companies with offices in Singapore, Malaysia, Hong Kong, China and Canada. We serve prestigious clients in the1,009 words
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TIMESPORT
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SOCCER INVESTIGATION
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Article, Illustration813 1989-11-04 23 WILFRED YEO; and JOE DORAI - By WILFRED YEO and JOE DORAI For the first time in the history of the Malaysia Cup competition, Singapore failed to qualify for the quarter-finals. As if that wasn’t bad enough, they barely escaped relegation to Division Two in the first season of the Football Association813 words
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Article, Illustration684 1989-11-04 23 THE PLAYERS’ VIEWS DAVID LEE goalkeeper and vice-captain: This season was one of our worst in the series. The main reason was we were not consistent with our performances. We were good in one match and terrible a week later. The worst periods were towards the684 words
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291 1989-11-04 23 ANG Peng Siong, Singapore’s sprint swimming champion, has ruled himself out of the Commonwealth Games in Auckland, New Zealand, from Jan 24 to Feb 3. The 27-year-old star swimmer informed the Singapore National Olympic Council through the Singapore Amateur Swimming Association291 words
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96 1989-11-04 23 THE United Emirates joined South Korea as the second qualifier from Asia for the World Cup soccer finals in Italy next year. The UAE needed only their 1-1 draw with South Korea, who had already made it to the finals, in their final96 words
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Article, Illustration456 1989-11-04 24 Terrorised for an hour by parang gang of 200 NST SUNGAI BESAR (Selangor) Selangor Men’ri Besar Tan Sri Muhammad bin Muhammad Taib, his wife and several Umno leaders were threatened by a group of youths early on Thursday while on their wayNST - 456 words
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285 1989-11-04 24 SINGAPORE is expected to continue to have a “superior environment" for business operations in the 1990 s and even into the next century, according to Business Environment Risk Information (Beri) Ltd. Ms Ann Pickard, the executive vice-president for research at the American285 words
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Article, Illustration155 1989-11-04 24 BEIJING China has expelled two Hongkong members from a committee drafting a constitution, known as the Basic Law, for the British colony after it returns to Chinese rule in 1997. A Reuter report on Tuesday quoting the official Xinhua news agency155 words
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282 1989-11-04 24 CATHERINE C ONG - By CATHERINE C ONG Hongkong Correspondent THE second and final public consultation period for the future constitution of Hongkong ended on Tuesday with a much lower response from residents, many of whom surveyed said Beijing cannot be trusted to honour the Basic Law. Despite282 words
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Article, Illustration135 1989-11-04 24 KUALA LUMPUR The Selangor Islamic Affairs Department has confirmed that the secret marriage between the state’s Mentri Besar Tan Sri Muhammad bin Muhammad Taib and a daughter of the Sultan was valid, the Nanyang Siang Pau newspaper reported this week. Datuk Mahmat135 words