The Business Times, 31 January 1977
1977-01-31
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The Business Times
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Title Section9 1977-01-31 1 BUSINESS TIMES M.C.(P) 300/1/77 MONDAY, JANUARY 31, 1977 50CENTS9 words
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NEWS IN BRIEF
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Article48 1977-01-31 1 UPI LONDON, Sun. All 800 Journalists working for the British Broadcasting Corp. were ordered to strike for four days beginning on Thursday. If the BBC Is "unwilling to compromise," said National Union of Journalists general secretary. Ken Morgan, the strike could be extended. UPI.UPI - 48 words
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Article70 1977-01-31 1 Reuter BUZZARDS BAY. Sun. A grounded barge spilled nearly two million litres of oil Into the bay here before engineers could plug the leak, the US coast guard said today. The barge, which ran aground at the mouth of the Cape Cod canal on Friday night, was towedReuter - 70 words
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Article105 1977-01-31 1 Reuter HONOKONO, Sun. China said today that some of its coal mines had got off to a flying start in a fresh production effort. According to the New China News Agency, the Muchengchlen coal mine under the Peking mining administration set an all-time record by producing 11,000 tonnesReuter - 105 words
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Article61 1977-01-31 1 Reuter MANILA, Sun. Agriculture Secretary Arturo Tanco yesterday opened the country's first sugar cane pellet plant designed to produce cattle feed from waste sugar cane tops. He told the audience In the northern town of San Fernando that Japan was prepared to sell 100,000 tonnes ofReuter - 61 words
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Article45 1977-01-31 1 Reuter ISLAMABAD, Sun. China is to help Pakistan develop nuclear energy as part of an extensive agreement on scientific and technological cooperation signed here. The deal also Includes help in developing natural gas, agriculture, oil drilling, solar energy and low cost housing* Reuter.Reuter - 45 words
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Article65 1977-01-31 1 Reuter UNITED NATIONS, Sun. UN Secretary-Gene-ral Kurt Waldhelm sets out tomorrow night on vital missions aimed at drawing the Middle East and 'Cyprus closer to a negotiated peace. During talks In Cairo, Damascus, Amman, Beirut and Jerusalem he will try to win agreement on a formulaReuter - 65 words
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Article47 1977-01-31 1 Reuter JERUSALEM, Sun. French Industry Minister Michel D'Ornano's scheduled Visit here on Feb 7 has been postponed Indefinitely at Israel' suggestion for political reasons government officials said tonight. Relations have been strained since France released Palestinian guerilla leader Abou Daoud earlier this month. Reuter.Reuter - 47 words
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Article58 1977-01-31 1 UPI SANTIAGO, Sun. A new tax on printed matter, raising prices by a whopping 20 per cent, has set off a storm of protest among Chileans fearful of a decline In the nation's cultural standards. The tax, put Into effect on Jan. 1, Increased theUPI - 58 words
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Article52 1977-01-31 1 AP SEOUL, Sun. A 22-member French electronic industry mission arrived here today for a five-day tour to conduct a feasibility study on possible Investment in South Korea. The group Is led by Mr Alex Clement, managing director of Soclete d'Etudes et de Constructions Electroniques, a Paris electronicAP - 52 words
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Article62 1977-01-31 1 Reuter AMSTERDAM, Sun. The Labour Party of Dutch Prime Minister Joop Den Uyl has called on the Government to drop plans for expansion of plant producing enriched uranium for power stations. Mr. Den Uyl said the Cabinet would study a resolution opposing the expansion passed against theReuter - 62 words
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Article111 1977-01-31 1 THE following list of stocks gives the 10 moat traded in on the Stock Exchange of Singapore last week. It give* the turnover in thousands of units, closing prices on Friday and the high and low for 1976/77. Company Turnover 000 Price Jan 28 Hiflt 197*77 Low111 words
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LOCAL STOCK INDICES
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Article67 1977-01-31 1 Jan 24 Jan2S JanSC Jan 27 Jaa 28 ++B.T. Index: 262.96 260.90 260.86 258.38 266.38 Industrials: 255.82 254.93 254.99 254.05 256.33 Finance: 440.33 438.17 437.54 436.55 442.40 Hotels: 156.33 156.06 155.93 155.47 156.66 Properties: 149.43 149.06 148.93 148.50 149.08 Tins: 106.78 106.78 106.89 106.55 106.55 S rubbers: 323.94 323.8367 words
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Article74 1977-01-31 1 Jan 24 Jan 25 Jan 26 Jan 27 Jan 28 B.T. Index: 201.14 199.28 197.61 196.54 204.06 Industrials: 279.96 278.85 278.23 276.37 279.72 Finance: 377.06 375.26 375.77 374.56 381.72 Hotels: 171.16 171.16 171.16 171.16 171.16 Properties: 146.36 147.83 146.54 146.20 147.78 Tins: 107.74 106.96 106.50 104.96 105.29 rubbers: 304.5374 words
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1087 1977-01-31 1 TO SIGN OR NOT TO SIGN. SEVERAL Singapore companies are undecided whether they should sign what on the surface appears to be only a routine document and undertaking required by the Kuala Lumpur Stock Exchange following Its recent re-organlsa-tion. The companies are still dithering1,087 words
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865 1977-01-31 1 DIRECTORS of Golden Hope Plantations are advising shareholders to reject takeover overtures from Genting Highlands Hotel. In an open letter to shareholders, they say they are recommending rejection because Gentlng's offer "substantially undervalues" Golden Hope. At the same time, directors urge shareholders' acceptance of865 words
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460 1977-01-31 1 UPI TOKYO. Sun US Vice President, Walter Mondale arrived today to brief Prime Minister Takeo Fukuda on American plans to withdraw troops from South Korea and pull the world's Industrialised nations out of a prolonged recession. Mr. Mondale's special air force 11 JetUPI - 460 words
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Article148 1977-01-31 1 MALAYSIAN banks, led by Bank Bumlputra, have lined up their resources to support Oentlng Highlands In its bid for all of the shares In Oolden Hope. Bank Bumlputra has agreed to provide Oenting with a $50 million term loan for the purpose while Malayan Banking148 words
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Article132 1977-01-31 1 THE Board of Commissioners of Currency yesterday announced the issue of new currency notes from tomorrow in two denominations $100 and S5OO. Notes in the original Orchid designs, however, will continue to circulate as legal tender until they are replaced eventually by the new ones. No time limit132 words
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Article339 1977-01-31 1 KUALA LUMPUR. Sun. The strike threat by civil servants and teachers planned for Tuesday over the Ibrahim Ali report is ofT. Representatives of the 65 unions, affiliated to Cuepacs in its council, decided today that members should not serve strike notice on the Government339 words
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Article377 1977-01-31 1 Reuter PATTAYA, Sun. Singapore Prime Minister Lee Kuan Yew today arrived in this seaside resort southeast of Bangkok for talks with Thai Prime Minister Thanin Kraivlchien. Mr. Lee, who is on a fourday unofficial visit, is expected to discuss communist Insurgency problems, developments alongReuter - 377 words
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Article209 1977-01-31 1 Reuter PADANG BESAR. Sun. Malaysian and Thai troops today, began flushing out some 20 communist guerillas headed by a command base leader, in the final phase of joint operations launched by them in Thailand's Sadao district north of here. Military sources here said the troopsReuter - 209 words
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Page 1 Advertisements
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Advertisement67 1977-01-31 1 !!?o§V W&yfbong MAF A lending hand when you need it most Wayfoong Mortgage y\Jl* Ilvvu and Finance (Singapore) Limited 11 lIIUSI Shaw House. Ground Floor, 354 Orchard Road. Singapore 9. Tri: *****7. INSIDE Leisure/ (TV ft Radio/ Local Co newt/ Share Crossword P2 information P6 Leisure PI 0ver markets P767 words
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Advertisement88 1977-01-31 1 travel easier... Chase can supply you with travelers' checks, change Singapore money into any foreign currency you need, and transfer funds to whichever country you require. Chase has a global network of more than 210 branches in over 100 countries makes banking easier for you wherever you are. There are88 words
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Advertisement314 1977-01-31 1 We work hard to make your money work for you American Express International Banking Corporation Shmg K*an House 4 Shenton Way Singapore 1 Tei 220 2311 Tele. RS ***** Cable AMEXBANK SEE PAGE 5 Which bank cut the world down to size, just for you? We did. Bank of America.314 words
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Article836 1977-01-31 2 TO argue, as many people do, that a forum for the organised trading of stock options In Singapore will be a casino rather than a capital market Is surely to make too clear cut, if not to say puritanical, a distinction between the two. Both836 words
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REVIEWS
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Article, Illustration947 1977-01-31 2 CKT - C MUSIC By CKT YOU must know Robert Townsend, former chairman of Avis Rent-a-Car and author of that bestselling cocking a snook at corporate management, Up the Organisation. He has objectives, office hours, office party and organisation charts under the O947 words
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Article, Illustration415 1977-01-31 2 PARIS, Sun. President Valery Giscard d'Estaing is scheduled to inaugurate a mammoth, US$lBO million (***** million) art centre here tomorrow. The building is despised by some for its oil refinery look and cost but praised by utility-minded fans as a '•supermarket of culture."415 words
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Article538 1977-01-31 2 GYLN GNIN - BOOKS By GYLN GNIN PHOTOGRAPHER David Douglas Duncan, widely acclaimed for his coverage of violence and protest in American society, culminating in the war in Vietnam is perhaps contrarily best known for his books on art and artists; the life and works of Picasso in particular. In THE538 words
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Article, Illustration1240 1977-01-31 3 f FILMS j VINCENT CANBY writes a highly critical review of King Kong which opens this week at the Odeon in Singapore and other Hollywood remakes. NYT "KINO KONG" and "A Star Is Born," two of the season's most expensive and most highly publicised productions, areNYT - 1,240 words
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Article, Illustration2228 1977-01-31 3 CHEW LOY KIAT - By CHEW LOY KIAT MONDAY: First working day of the New Year and the sun is out again. It rained almost the whole of last week and I was having a short week's leave following Christmas. Had hoped to put in a few rounds of golf but2,228 words
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Article, Illustration149 1977-01-31 3 Reuter HOLLYWOOD. Sun. Barbra Streisand' musical. A Star Is Born, and Network, a satire on Ub television, won almost an the top prizes at the Hollywood Foreign Press Association Golden Globes film awards here last night. The only other film to take a major prize wasReuter - 149 words
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Page 2 Advertisements
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Advertisement89 1977-01-31 2 m snoE fAIR Buy American made Florsheim shoes at Americaya now and save up to 30% To help you usher in the Chinese New Year, Americaya is holding a very special Florsheim Shoe Fair where you can get up to 30% discount on every pair of Florsheim shoes you buy.89 words
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Page 2 Miscellaneous
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Miscellaneous408 1977-01-31 2 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE Justify a hold-up? (6) Paid attention, but didn't listen in (5. 3) Sweet little toy (6) Fast learner In some way (5) Stalked animal (4) Tangerine flavour (4) Girl to rave about (4) Plead with to be good (3) It pours Into drains (4) Kind enough408 words
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Miscellaneous286 1977-01-31 2 THE WEATHER WEATHER report for 24 hours prior to 7.30 p.m. on Jan 30 at Singapore airport. Maximum temperature 31.8° C Associated humidity 53 Minimum temperature 23.0° C Associated humidity 93 Hours of sunshine 8.30 Rainfall in millimetres Nil Total rainfall for the month 58.4 Total rainy days for the286 words
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Page 3 Advertisements
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Advertisement395 1977-01-31 3 TO THE SHAREHOLDERS OF GOLDEN HOPE PLANTATIONS LIMITED REJECT THE TAKE-OVER BID FROM GENTING The Directors of Golden Hope Plantations Limited announce that they were notified on 28th January 1977 that Genting Highlands Hotel Berhad intends to make a cash offer of 96P per share for all the shares of395 words
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Article, Illustration499 1977-01-31 4 LAWRENCE ALTMAN - By LAWRENCE ALTMAN THE World Health Organisation, in a major policy change imposed by the emerging countries of the Third World, has begun to slash its staff and to divert the resulting savings to programmes aimed at narrowing the health gap between499 words
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Article, Illustration1179 1977-01-31 4 PAUL LEWIS - By PAUL LEWIS THE American dollar has emerged as the dominant member of a small cluster of strong currencies. Including the West German mark, the Swiss franc and the Japanese yen. As a result, it is not now likely that gold or new monetary1,179 words
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Article189 1977-01-31 4 CRYPTIC SOLUTION ACROSS. 4. Uphold. 7. Heard out. 8, Trifle. 10, F-L-eet. 12. Deer. 14. Tang. 15. Vera. 16. Be-g .17, Rain. 19, 00-od. 21, Temporary. 23. Tu-tu. 24, Tuna 26. Wag. 27. Lien. 29. Tars. 32. Bend. 33. Delta. 34. Minute. 35. Polo pony. 36. Mldge-t. DOWN.189 words
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489 1977-01-31 4 PAUL M - LETTERS TO THE EDITOR PAUL M Bumiputra Merchant Rankers Hhil Kuala Lumpur I REFER to the letter published in Business Times of Jan 28 from Mr Tang Wee Loke in which he comments on an interview with myself printed in an article entitled489 words
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Article189 1977-01-31 4 JOHNNY SOH - JOHNNY SOH IN THE article appearing in the Business Times of Jan 25 under the heading "Capital Market or Casino" I tend to agree with Mr. Paul Myners when he commented that the Stock Exchange of Singapore was "too hasty" in launching "options trading" in Singapore on189 words
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Page 4 Advertisements
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Advertisement254 1977-01-31 4 Your man-on-the-spot at Raffles Place, is now at bigger and newer premises to serve you even better. Our removal to the new premises is now complete. However, our telephone number *****2 remains unchanged. We have re-located our various banking services at the following locations: Upper Ground Floor Paying and Receiving254 words
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INTERNATIONAL COMPANY NEWS
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267 1977-01-31 5 Reuer NEW YORK, Sun Shell Oil has reported that net 1976 earnings Jumped to US$7O6 million or $10.11 per share from $515 million or $7.59 per share in 1975. The sharp rise was achieved on revenue of $9.3 billion against $8.2 billion last time.Reuer - 267 words
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Article694 1977-01-31 5 FT ROME, Sun. Italy's growing Rizzoli publishing empire. which already controls some 50 per cent, of the Italian magazine and newspaper market, now plans to expand its recently acquired small television base in Malta in partnership with the Mintoff government into a major assault on a numberFT - 694 words
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187 1977-01-31 5 UPI WASHINGTON. Sun. The United States and Canada have failed to work out fishing problems involved with the extension of each nation's jurisdiction over fisheries up to 320 km off their coasts, the State Department announced yesterday. While "considerable progress was made" at talksUPI - 187 words
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132 1977-01-31 5 Reuter MANILA. Sun. Belgium has given the Philippines about 36 million pesos (Ssll.B million) worth of irrigation equipment to help speed up the country's irrigation development programme. The equipment was procured through a soft commodity loan signed in 1973 by Finance Secretary Cesar VirataReuter - 132 words
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Article130 1977-01-31 5 Reuter PITTSBURGH. Sun. National Steel said it is negotiating with Revere Copper and Brass and Its 33 per cent stockholder, Asarco, for possible acquisition of all or part of Revere. National did not elaborate In Its statement. Martin Marietta Corp also said it has hadReuter - 130 words
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Article172 1977-01-31 5 Reuter TOKYO, Sun. A group of 32 Japanese companies set up Nippon Amazon Aluminium Co Ltd (Nalco) to participate in a US$l.36 billion Joint Brazil-Japan aluminium production project in the Amazon area. The company has an initial capital of 360 million yen, to be increasedReuter - 172 words
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408 1977-01-31 5 'AMERICA CAN NEGOTIATE THEM' NYT WASHINGTON. Sun. Secretary of Agriculture Bob Bergland said in an interview he believes the United States can negotiate global agreements on buffer stocks and price corridors to protect the world's farmers and consumers against wild gyrations in supplies andNYT - 408 words
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Article220 1977-01-31 5 GPG (South-east Asia), the first plastic moulding plant of its kind in the region, will start production of sophisticated technical moulds in October this year way ahead of the scheduled date in 1978. The basis for this decisioh stems from the large potential market220 words
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113 1977-01-31 5 UPI BRASILIA, Sun. President Ernesto Gelsel has Implemented a new system of energy conservation measures to reduce Brazil's US$4 billion (Ss9.B billion) annual foreign oil bill, but stopped short of ordering petrol rationing. Under the new measures, motorists will pay a fuelUPI - 113 words
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Article159 1977-01-31 5 Reuter MANILA, Sun. Mr. Eduardo (Julias, the assistant presiding officer of the Philippines' Batasang Bayang the wholly appointed, newly created legislative consultative council is to head a five-man delegation to the 12th Asian Parliamentarians Union general assembly opening tomorrow in Tokyo, an official statement said. The body,Reuter - 159 words
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Article326 1977-01-31 5 Reuter LONDON, Sun. Generale Occidentale Is considering making an offer for the 49 per cent of Cavenham Ltd ordinary share capital which it does not already control, Cavehham said. It said it understands the price proposed will be 120 pence per share. The stock exchangeReuter - 326 words
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569 1977-01-31 5 FT LONDON, Sun. In planning towards its future, CompAir alms, as a major priority, to broaden its product base in the US and to raise domestic earnings in that country to a much higher level, says the chalrman, Mr. Ntall Macdiarmid. Through KelloggFT - 569 words
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Article139 1977-01-31 5 Reuter BANGKOK, Sun. Thailand today sealed off Its border with Cambodia following an attack by hundreds of Khmer Rouge troops which left 29 Thai villagers and one policeman dead, according to police accounts. One Cambodian soldier was killed in the fighting near the frontier town ofReuter - 139 words
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Article107 1977-01-31 5 THE committee for promoting international trade shows in France, 'Promosalons', has Just set up a new office in Singapore. With Promosalons In Singapore (at the UTA French airlines office), professionals here can now obtain Information and brochures on the different trade shows held throughout the year107 words
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71 1977-01-31 5 Reuter TOKYO, Sun. Two former senior members of Japan's ruling Liberal Democratic Party (LDP) and six present or former executives of All Nippon Airways (ANA) go on trial here tomorrow in connection with the Lockheed payoff scandal. The Tokyo district court last Thursday openedReuter - 71 words
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Article155 1977-01-31 5 NEW YORK, Sun. Though Eastern Airlines suffered a net loss of US$2.2 million in the fourth Quarter, compared with a eflclt of $33.5 million Erevlously, It was still able report a big turnround for the whole of 1976. Full year net profit came to $46.2 million,155 words
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134 1977-01-31 5 Reuter SYDNEY, Sun. JC Johnston, chairman of the recently formed joint committee of the Sydney and Melbourne Stock Exchanges, said reciprocal trading will begin on schedule next Tuesday. Member firms of each exchange will have the right to access to both trading floors. Three MelbourneReuter - 134 words
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Article199 1977-01-31 5 Reuter LONDON, Sun. MEPC chairman CJerald Thorley said some progress has been made In the first few months of the current year although there Is no fundamental change In the depressed conditions surrounding property development. He told the annual meeting about half of the proposed salesReuter - 199 words
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Article154 1977-01-31 5 Reuter TOKYO, Sun.— On practically unchanged gross sales, after-tax profit at Kajima Corp showed a slight rise to 15.37 billion yen from 15.11 billion yen In the year ended Nov 30, 1976. Sales came to 560.92 billion yen compared with 560.42 billion yen last time. TheReuter - 154 words
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Article146 1977-01-31 5 Reuter NEW YORK. Sun Net profit at Raytheon rose by 20.1 per cent to U5585.24 million ($70.97 million) last year, including a 26.3 per cent increase to $21.24 million ($16.81 million) from the fourth quarter. Sales totalled $2.46 billion (2.25 billion), with $687.4 million ($595.2 mlillion)Reuter - 146 words
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Article53 1977-01-31 5 WASHINGTON. Sun. The Treasury Department said it will roll over maturities at the next regular weekly auction of one year Treasury bills when it will offer U552.93 billion of new bills to replace the same amount of retiring debt. About $903 million of the maturing issues are held53 words
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Page 5 Advertisements
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Advertisement115 1977-01-31 5 Serving the vital needs of mankind with equipment for processing, mining, agricultural, industrial and electrical markets around the world... Allis-Chalmers Corporation is pleased to announce the official opening of a new office of Allis-Chalmers Services, Inc, at 1806 Shaw Centre, Scotts Road, Singapore 9 (Telephone: *****01,*****02 Telex: RS2UO9) under the115 words
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COMPANY NEWS
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Article341 1977-01-31 6 MEGA CHEMICALS MEGA Chemicals' long skid Into the red has continued Into the first six months of the current year ending April 30, 1977. The group sustained a pre-tax loss of MS 171,940 for the first half-year compared with a loss of $157,000 previously. The higher loss was341 words
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Article235 1977-01-31 6 Current Ex Date Total for Total for payment Date payable the year previous year N.S. Time* 25% Jan 7 Jan 31 40% 25% George Town 5%+ Jan 17 Jan 31 5%+ 15% Central Securities 5% Jan 11 Jan 31 5% 5% M. Cement 11.5% Jan 4 Jan 31235 words
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Article272 1977-01-31 6 INTERNATIONAL Paint Co. (Singapore), a paint manufacturer, has bought Hytex's old factory at Neythal Road for $850,000. Hytex says in a letter to the Stock Exchange of Singapore that the application to the relevant authorities for use of the factory by the paint manufacturer was272 words
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159 1977-01-31 6 BUSINESS TIMES INDUSTRIAL GROUP INDICES (BASE YEAR: JANUARY 4, 1971 100) 1S7S/77 INDUSTRIAL GROUP Week ending HIGH LOW 21/1 28/1 POINT CHANGE 210.59 145 90 AUTOMOTIVE 192 70 191.87 -0.83 496 57 366 79 BANKS. INSURANCE. FI403.42 412.57 +9.15 NANCE AND TRUSTEES 164 62 135 80 CHEMICALS, RUBBER PRO142 46159 words
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117 1977-01-31 6 Reuter OSLO. Sun Two leading Norwegian shipping comDanies said they are planning to merge at the initiative of one of their main creditors. Hambros Bank. The Waage group of companies and BA Hadrian said while negotiations are underway quotations on the Oslo Stock Exchange willReuter - 117 words
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230 1977-01-31 6 KUALA Lumpur Kepong says its proposed sale of Kepong* Estate to Multipurpose Holdings for M 528.9 million is payable in cash. Replying to the queries raised by the Kuala Lumpur Stock Exchange, the company also says that It is difficult to quantify230 words
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Article63 1977-01-31 6 JARDINE Matheson Holdings (SEA) sold for cash Its holdings In Henry and Company and Gregory, according to the company In reply to a Stock Exchange of Singapore query. It sold Its 75,000 $1 shares In Henry and Company to Henry Properties for $210, 000 and 70,000 $1 shares paid-up63 words
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COMPANY MEETINGS
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Article23 1977-01-31 6 THE following company meetings are due: Jan 31, 11 a.m., at the Hotel Merlin. Jalan Sultan Ismail. Kuala Lumpur.23 words
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Article23 1977-01-31 6 Jan 31, 12 noon, Registered Office, 2nd Floor. The Regent of Kuala Lumpur. 54 A Jalan Imbi, Kuala Lumpur.23 words
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19 1977-01-31 6 Industrial Electronics Engineering Ltd.: Feb 10, 3 p.m., 10 A. Commonwealth Lane, Block 34. Buona Vista Estate, Singapore 3.19 words
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13 1977-01-31 6 Feb 12, 11 a.m., No6Tambun Road,' Ipoh.13 words
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193 1977-01-31 6 Reuter NEW YORK. Sun Dragged down by its fibre division. Celanese Corp suffered a severe 64 per cent setback in net profit to US$9 million ($25 million) in the fourth quarter of last year. This reduced the full year increase to only 38 per centReuter - 193 words
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Article123 1977-01-31 6 Reuter NEW YORK. Sun. On a 23.4 per cent increase in revenue to US$4 billion ($3.24 billion), net profit at Cities Service rose 57.6 per cent to $217 million ($137.7 million) last year. This includes a fourth quarter increase of 27.9 per cent to $59.6 millionReuter - 123 words
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Article2238 1977-01-31 6 Week (V. Gr'a Nat Week it7 %m. Lul Div Div Y*M P/E Vel Week Hick Low Compaay Sale Cn High Lew SECTION ONE INDUSTRIALS 175* 133 Acma 146 +7 12.ON 1.1 8.2 7.3 23 146 142 206 172 Alcorn 204 unch 20.0 1.3 9.8 13.02,238 words
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Page 6 Advertisements
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Advertisement136 1977-01-31 6 Penguins in Business and Management Understanding Company Financial Statements: J. Parker Organization Theory: D. Pugh Business Strategy: H. Ansoff Corporate Strategy: H. Ansoff Exploration in Management: W. Brown Modern Management Methods: E. Dale Offensive Marketing: J. Davidson Business of Management: R. Falk Modern Business Enterprise: M. Gilbert Corporation Man: A.136 words
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WALL STREET AND OTHER OVERSEAS MARKETS
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Article1100 1977-01-31 7 NEW YORK Renewed buying of recently-depressed glamour and blue chip stocks provided the market with a mixed look on Friday. The balance of the list appeared to suffer from concern about the abnormally cold winter and Its Impact on Inflation and the economy In general. The Department of1,100 words
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Article347 1977-01-31 7 PARIS: The market closed irregular In calm trading on Friday with sentiment dampened by the dissension within the government majority over Jacques Chirac's decision to run for the Mayor of Paris, and apparently little affected by news of higher 1916 car production in France, dealers said. Many sectors closed347 words
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Article347 1977-01-31 7 AMSTERDAM: The market firmed In calm conditions on Friday led by strong West German demand for Akzo which rose 1.70 guilders, dealers said. Agreement in the German metal Industry wage talks may herald agreements throughout West German industry. Including the fibre sector, where Akzo is active, traders said. Other347 words
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Article307 1977-01-31 7 TORONTO: Share prices closed generally lower on the Toronto market in light trading on Friday, with only metals bucking the trend. Declining Issues outpaced gainers by a three to two margin across the board. Inco A rose !4 at 34 V%, N'oranda A at 30V and Cominco S at307 words
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Article340 1977-01-31 7 FRANKFURT: Shares closed mainly higher on Friday with Sood reaction to yesterday's iemens figures overshadowing general disappointment over the level of the metal Industry pay accord, dealers said. Siemena closed 4.30 marks higher In lively trading. BBC gained four, but AEG was unchanged Bayer led chemicals up to 1.70340 words
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Article397 1977-01-31 7 JOHANNESBURG: Gold shares moved quietly easier on the JSE on Friday following lower bullion Indications, dealers said. Mining financlals were generally easier with Anglo* five cents off at 385 and Johnnie* 50 cents easier at 2,350. De Beers was a feature, gaining 15 cents to 387 Platinum shares were397 words
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Article434 1977-01-31 7 TOKYO: Share prices closed lower on Saturday on Increased liquidations on news of the record US trade deficit with Japan last year, dealers said. The Dow Jones average declined 33.35 to close at 5,007.66 with volume 160 million shares. The New Index closed at 378.37, down 2.20. Prices advanced434 words
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Article273 1977-01-31 7 ZURICH: The market turned narrowly mixed In light pre- weekend trading on Friday. Credit Foacier lost part of yesterday's advance among otherwise UtUe changed banks Financials generally firmed slightly led by both Bally shares Bearer and Masg Registered. Small gains and losses were about equal In insurances. In mixed273 words
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Article157 1977-01-31 7 MILAN: The market was easier in very quiet, thin trading on Friday with caution induced by political uncertainty, dealers said. In leading Industrials, Fiat, both Pirelli and Olivetti, and Anic all lost ground but Montediaon and Snia Vitcoaa were marginally higher. Mediobanca was lower In banks as was Aaaicurazioni157 words
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Article138 1977-01-31 7 BRUSSELS: The market was mixed In very quiet trading on Friday, dealers said. Eltctrtkcl, Tabacofina and Traction rose while Moaane, UCB and Societe General* fell. UK. Oerman and Dutch snares moved rugher, while US and French stocks fell. Qold mines were generally easier. All three Petrofinaa declined. JAN at138 words
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Article62 1977-01-31 7 FINANCIAL TIMES INDUSTRIALS Friday 403.2 Thursday 390.7 Week ago 384.7 DOW JONES AVERAGE INDUSTRIALS Friday 957.53 Thursday 954.54 Week ago 962.43 LONDON DOLLAR PREMIUM Friday 96* to 96%.% Thursday 97(4 to 97H% H.K. HANG SENG Friday 433.41 Thursday 433.31 Week ago 442.33 SYDNEY INDUSTRIALS Friday 358.93 Thursday 360 3762 words
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Article1011 1977-01-31 7 On January 28 PRICES on the Chicago Board Options Exchange were mixed, with gainers topping losers, 237 to 205 on Friday. CBOE volume approximated 85,306 contracts, down from 97,071 contracts yesterday. OPTION APL JLY OCT STOCK Alcoa 90 31/4 UNTRD 55/8 531/4 Alcoa SO 3/8 1 3/81,011 words
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Article247 1977-01-31 7 NYT WEAKNESS in the oncepopular glamour issues highlighted last week's stock market, which extended Its 1977 decline. By comparison, the Dow Jones industrial average outperformed the glamours, although the bluechip barometer did drop 4.90 points during the week to 957.53. This placed It within the 950-960NYT - 247 words
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Article431 1977-01-31 7 Reuter THE massive losses Incurred by Mary Kathleen, the CBC and CAGA, had an effect on market sentiment last week. Banks and financiers were severely hammered, and sugars came In for a drubbing on Friday, which saw some of the heaviest losses recorded In all threeReuter - 431 words
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Article115 1977-01-31 7 Reuter TAIPEI, Frl. Tang Eng Iron works of Taiwan said It signed a bus manufacturing cooperation agreement with Wlllowbrook International of England. A company spokesman said the initial annual output target Is 300 buses for the domestic market and 200 for export, with the yearly production risingReuter - 115 words
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Article236 1977-01-31 7 The following are Friday's prices which were delayed In transmission INDUSTRIALS Cosmopol Prop 22 +2 Harcros 462'2 +37't Haw Par 30 unch Hk Bank 328 unch HK Land 122 —1 Hutchison 53 unch Inchcape 485'. -7 Jardlne 296 -2 Ocean Transport Slme Darby 99 -I Swire Pacific Wlock236 words
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Page 7 Advertisements
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Advertisement353 1977-01-31 7 Yes, Penguin books are not to be found in any ordinary shop. Not in little road-side stalls. Heavens, certainly not in the pasar ma lam! Because Penguin books are rather special. They are mind-stimulating, deeply researched, entertaining in a wholesome way, highly educational JI ftf quite unlike the type that353 words
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COMMODITY REPORTS AND PRICES
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Article199 1977-01-31 8 LONDON, Sun. The terminal closed uncertain on Friday, mostly one pence (Apl 56.50 pence buyer) to 0.50 pence per kilo down from Thursday. Volume totalled six lots of five tonnes and 233 lots of 15 tonnes. ClF's also closed uncertain with spot one pence lower compared to Thursday's199 words
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Article135 1977-01-31 8 THE Straits tin price in Penang on Saturday was down $14.00 down to $1464.00 per picul on an official offering up 42 tonnes to 252 tonnes. In LONDON on Friday, tin rose by about £7 for Cash and £10 for Three Months in both contracts. A fresh burst135 words
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Article110 1977-01-31 8 THE following Palm Oil prices were quoted In London on Friday. The price are elf Rotterdam and are quoted in US dollar per ton unless otherwise stated. Friday Pre*. Malaysia 5% ffa bulk Mch/Apl Sumatra 5% Jan Feb Mar Apl Afloat Nigerian 5% ffa bulk Sterling per long110 words
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Article294 1977-01-31 8 CHINESE PRODUCE EXCHANGE. SINGAPORE NOON CLOSING PRICES PER PICUL ON SATURDAY. Coconut Oil: Bulk $85 sellers, old drum $90 sellers, new drum J95 sellers Copra: Mixed (loose) UK/Cont. $53 buyers. Pepper Muntok ASTA white f.o.b. 100% NLW $342 i sellers. Sarawak white f o b. 96% NLW $322294 words
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Article42 1977-01-31 8 LONDON, Sun. Zinc eased by £2.50 for Cash and £3.50 for Three Months on Friday. The lower levels found moderate covering support which partly recouped earlier losses and lifted Three Months up to £426 per tonne in sales of 2450 tonnes.42 words
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Article41 1977-01-31 8 LONDON, Sun. Lead fell back by £5.75 for cash and £4.50 for Three Months on Friday. The lower levels attracted fresh commission house buying which took the market up to £348.50 per tonne for Three Months. Sales were 3100 tonnes.41 words
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Article534 1977-01-31 8 IN the Singapore gold market, on Saturday, the kilobar was traded In the range of 5510,485 to $10,500. Volume was thin and confined to booksquarlng activities only. On a loco London basis the yellow metal was quoted at US$l3l.BO/132.20 on a firmer tone following the recovery In the US534 words
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Article135 1977-01-31 8 LONDON, Sun. Silver on Friday, lost a midafternoon advance in Europe, which briefly took the Three-Month metal to around 270 pence, and generally closed around fixing levels. Selling later from the US took the metal lower, despite a sharp jump in US leading economic Indicators in the latest reporting135 words
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Article254 1977-01-31 8 LONDON. Sun. Copper wire bars showed losses on the day of fully £11 for Cash and £13 on Friday. The market fluctuated within a narrow range as further fresh buying and covering was absorbed by profittaking and liquidation. Three Months finished trading in the ring at £863 but sagged254 words
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Article196 1977-01-31 8 LONDON, Sun. Terminal sugar on Friday, eased further but finally rallied from the lows on weekend covering and general booksquaring, dealers said. The official tone was "quiet." Losses from Thursday ranged from £2.50 (near Mch at £130.70 bid) to £1.85 per tonne. Lots traded totalled 3,528 including 28 further196 words
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Article209 1977-01-31 8 BANGKOK, Sun. Indicative prices for rice quoted In Bangkok on Saturday were: US dollars per tonne fob basis Bangkok White Rice: 100 per cent Ist class 288 100 per cent 2nd class 273 100 per cent 3rd class 268 5 per cent 260 10 per cent 239 15 per209 words
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Article708 1977-01-31 8 IT was another uneventful period of trading for most of the dealers In the Singapore produce market last week. Overseas Interest continued to be poor as most buyers were expecting prices to come down further from their recent highs. And generally, prices headed lower as buyers708 words
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Article311 1977-01-31 8 LONDON, Sun. Terminal closed Irregular on Friday with early afternoon gains cut back by the close on local pre-weekend profittaking and also In line with New York's dip from limit up opening. At the close values were £35 to £70 per tonne up from Thursday after recording gains of311 words
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Article158 1977-01-31 8 CHICAGO, Sun. Wheat futures closed with losses of K to three cents a bushel on Friday. Light speculative buying appeared early In response to firmness In soyabean and corn futures to move prices slightly higher. Some support also was provided by the Improvement In export commitments and the strength158 words
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Article161 1977-01-31 8 CHICAGO, Sun. Soyabean futures closed on Friday 1-% cent a bushel lower to 7-Vi cents higher. Prices advanced on the delayed opening, with buyers encouraged by active overseas interest and the potential for improved meal consumption and reduced farmer selling because of the cold weather. The advance lost upward161 words
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MONEY AND EXCHANGES
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Article178 1977-01-31 8 THE US unit reversed its downward trend laot week and opened at $2.4560/65 In the Singapore forex market this week. The dollar was supported by a growing feeling that the US economy is on a path of steady growth and that the US interest rates could move higher. It178 words
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Article275 1977-01-31 8 Asian rates FIXED dated firmed during early part of the week, appreciating 1/8 per cent. However, It remained steady for the rest of the week with a slightly easier tendency towards the end of the week. Ml and M 2 were down for the week but remained well above the275 words
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Article352 1977-01-31 8 Source: The Discount Company of Singapore THE surplus market prevailing in the preceding week was carried through to the beginning of last week with overnight and call deposit funds being taken in as low as 1.7/8 per cent and 2.5/8 per cent respectively. The surplus market condition ledSource: The Discount Company of Singapore - 352 words
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Article102 1977-01-31 8 Source: Astley and Pearce OVERNIGHT rate steadied at the 4 per cent level for the greater part of the week closing easier on Friday. Periods saw some activity In the 1 month especially with interest taking pushing rates up as high as 4 7/10 per cent at oneSource: Astley and Pearce - 102 words
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Article267 1977-01-31 8 LONDON, Sun. The dollar reversed most of Its early losses In Europe after release of unexpectedly favourable US economic data on Friday, dealers said. The US unit rallied to a closing 2.4220/40 marks In London off a days low of around 2.4150 and compared with 2.4260/70 overnight. Sterling slipped267 words
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Article391 1977-01-31 8 ZURICH, Sun. The Canadian dollar last week lost ground considerably and the US dollar went down too, by the end of the week. Sterling showed a very stable performance and the French Franc strengthened somewhat. Due to encouraging economic news (new orders for durable goods rose 6.6 percent In391 words
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Article55 1977-01-31 8 Minimum lending rates (in ACBC 6%. Algemene Bank 9% Bangkok Bank ..7* Bank of America Bank of China 7 Bank of Tokyo 6* Bank Negara Indonesia 7* Chartered Bank .6* Chase Manhattan DBS flw First Chicago 6* Citibank 6%. HSBC 7 Indosuez Malayan Banking 6% Mitsui Bank 6* OCBC OUB55 words
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Article168 1977-01-31 8 NEW YORK. Sun. The dollar on Friday made a substantial recovery from weak opening levels, after an unexpectedly sharp fall in the U.S. December trade deficit and the sharpest monthly rise in leading indicators since July 1975. It closed slightly above Thursday's close on balance and at its168 words
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Article135 1977-01-31 8 Euro rates LONDON, Sun. Period Eurodollar deposits were bid in afternoon trading on Friday In continuation of earlier quiet conditions. Shorts were little changed although weekend drifted towards the close, dealers said. Most periods closed 1/16 higher on the bid side but nine months and one year gained 1/8. Uncertainty135 words
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Article35 1977-01-31 8 FRANKFURT exchanges closing quotes on Jan. 28. US 2.4185/ 95 Can 2.3575/ 3600 UK 4.142/ 147 Neth 95.57/63 Swltz 95.95/96.05 Italy 2.+37/743 France 48.60/66 Japan 0.8350/65 Belg com 6.517/522 Belg Fin 6.513/519 Norw 45.45/5135 words
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Article46 1977-01-31 8 FOR the weekend ended Friday Jan 28, the range of call rates received from Short Deposits (M) Berhad was as follows: BANK FUND: lVi to 2H per cent. GENERAL FUNDS: 1% per cent to 4 per cent. Movements of funds totalled $511 million.46 words
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Page 8 Advertisements
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Advertisement173 1977-01-31 8 TOP EXECUTIVE how to achieVe it...how to hold it...TODAY.. This forceful, fast-reading new Guide exposes the dynamic strategies seldom openly discussed and almost unknown to the younger man who needs .Vr -6% them most. how to create and project the right image any TOP how to develop a cat-like agility173 words
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Article, Illustration1805 1977-01-31 9 ALAN HOBY - THEY ARE THE BRAVE ONES THE GOALKEEPERS By ALAN HOBY Daily Express LONDON, Sun. THE BIG MAN swooped across the goal like a great bird. Yet, even as he leapt in one instinctive uncoiling of mind and muscle, it looked as if he hadDaily Express - 1,805 words
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Article, Illustration697 1977-01-31 9 KEN JONES - Who says they never prosper? By KEN JONES DAILY MIRROR LONDON, Sun. If there is somebody cheating in this 'ere game, then who and how? Taking a shine to what was said in Madras a fortnight ago, let's begin with cricket and the curious tale of a ballDAILY MIRROR - 697 words
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Article46 1977-01-31 9 SAM DIEGO, Sun. American Tom Watson shot his eighth consecutive subpar round yesterday to take a commanding lead with one round left to play in the Andy Willlams-San Diego Open. Watson. 27. finished the day with a five- under-par 67 and a two-stroke lead.46 words
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446 1977-01-31 9 Mushtaq: Don't underestimate our bowling Reuter ST. JOHN S ANTIGUA. Sun. Mushtaq Mohammad, captain of the Pakistani cricket ream, said when the party arrived here yesterday for the tour of the West Indies that his side was strong in talented batsmen. "Cricket is not an easy game." said Captain MushtaqReuter - 446 words
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287 1977-01-31 9 AP BOSTON. Massachusetts, Sun. World heavyweight boxing champion Muhummad All, making his first public ring appearance since he defended his title against Ken Norton last September, clowned through 10 exhibition rounds last night to the delight of about 5,000 fans at HynesAP - 287 words
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693 1977-01-31 9 AP LONDON, Sun. A goal by George Burley In the last seconds saved Ipswich from defeat by Second Division Wolverhampton In the English FA cup competition yesterday. Ipswich, bidding for the rare League and Cup double. trailed twice at home to Wolves, but foughtAP - 693 words
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Article45 1977-01-31 9 Reuter LONDON, Sun. The following are the dates of the English F.A. Cup fourth round replays: Tuesday, Feb I: Kverton v Swindon Town: Southampton v Nottingham Forest; Wolverhampton Wanderers v Ipswich Town. Wed. Feb 2: Derby County v Colchester United. ReuterReuter - 45 words
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578 1977-01-31 9 PETER TOWNSEND SAYS... Daily Express LONDON. Sun. The day I met Peter Townsend he had not touched a golf club for a month. "It Is the longest I've gone without playing since I began the game when I was five," heDaily Express - 578 words
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1059 1977-01-31 9 ROBERT Teo, handicap 15, played like a professional on the second nine to register a gross two-over-par 37 10 win the Changi Golf Club Gold Medal Championship with a nett score of 65 at the Changi Course yesterday. Robert almost gave up hope1,059 words
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Article122 1977-01-31 9 LONDON, Sun. The English Football Association are sounding out their European colleagues about their willingness to break from FIFA, the world governing body of soccer. Sir Harold Thompson, president of the English Association, wrote in their review earlier this month of his misgivings about Flfa's122 words
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Page 9 Advertisements
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Advertisement231 1977-01-31 9 SX V 'i V m w 12 m Vas K t* o Ni I) *v s Chivas Regal Scotland's prince of whiskies It's waited 12 years for you. Another fine product brought to you by L food beverage Hfl (private) led. 875 BL'MI TIMAH KOAI) 6 m s SISCAPOKE. In231 words
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Article262 1977-01-31 10 Reuter WASHINGTON, Sun. President Carter Is thinking of putting Americans onto a four-day working week to save fuel in the face of a freakishly bitter winter which has caused the worst energy crisis since the Arab oil embargo. As Arctic conditions gripped the eastern andReuter - 262 words
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Article118 1977-01-31 10 MILLION PAYOFFS AP PHILADELPHIA, Sun. The world's single largest food service company, Ara. Inc., has reported that it made and received almost US$l million (552.5 million) in questionable payoffs and receipts from 1970 to 1976. The Philadelphia-based firm employs about 78,000 people in the United States, Europe, Japan and Mexico.AP - 118 words
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Article89 1977-01-31 10 Reuter HONGKONG, Sun. Chinese workers have been urged to make great efforts to develop light industry so as to build China into a modern, powerful socialist country, the New China News Agency reported today. A 17-day national light industry meeting, was told that workers should "make greatReuter - 89 words
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185 1977-01-31 10 UPI CARACAS, Sun. The Venezuelan Government has reached agreement with a consortium of 18 US and European banks on terms of a new seven-year, 1.2 billion Eurodollar (552.9 billion) loan package for development, local press dispatches reported yesterday. Venezuela twice rejected bids fromUPI - 185 words
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Article570 1977-01-31 10 ARRIVALS Service Local Operator Number Time From CPA CX003 0145 HKG MAS MH682 0810 KCH JAL JL712 1000 HLP SIA SQ211 1010 HLP GIA GA980 1030 HLP CPA CX710 1030 HLP THAI TG423 1035 BKK GIA GA908 1100 MES PAL PR501 1115 MNL SAS SK097 1140 CPH/DEL/BKK570 words
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498 1977-01-31 10 CLOSER TO 50 mil FRANCS SINGAPORE will probably borrow more than the 40 million Swiss francs announced earlier when It taps the Swiss capital market early next month. Moreover, according to informed sources, Singapore's bond is expected to be offered at what Is described498 words
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Article217 1977-01-31 10 UPI TOKYO, Sun. Australian labour leader, Robert Hawke, said he was satisfied with his six-day visit to Tokyo for talks with the Japanese government, industrial and labour leaders. In a news conference shortly before his departure for home, Mr. Hawke said he made four "Important"UPI - 217 words
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Article272 1977-01-31 10 KUALA LUMPUR. Sun. Malaysian Airline Systems will temporarily reduce the frequency of Its services on certain routes from Tuesday due to a significant decline in traffic. To be suspended are six weekly F27 Fokker Friendship flights between KL and Malacca, and between Kota Klnabalu and272 words
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Article55 1977-01-31 10 THE Telecommunication Authority of Singapore (TAS) has announced the extension of telex service to the Republic of Mall, bringing the number of countries with which Singapore has telex services to 165. The TAS also said that International subscriber dialling (ISD) service has been extended to the55 words
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353 1977-01-31 10 NYT CARACAS, Sun. A year after nationalisation of Venezuela's US$5 billion (5512.25 billion) petroleum Industry, the foreign concerns that built and controlled It principally Exxon, Royal Dutch, Shell, Mobil and Gulf are receiving approximately $1 billion in compensation and continue to provide marketingNYT - 353 words
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306 1977-01-31 10 LATEST available trade figures show that in the first 11 months of last year, Singapore enjoyed a trade surplus with Italy, the first time in the history of their two-way trade. Exports to Italy came to $193.5 million while Italian imports came to $172.6306 words
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Article332 1977-01-31 10 Reuter GENEVA. Sun. The Gatt textile surveillance body asked Hongkong and Canada to try to settle directly between themselves a dispute over a Canadian decision to cut back clothing imports this year, informed sources said. The sources said the surveillance body asked the two countries to reportReuter - 332 words
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Article185 1977-01-31 10 tfUALA TRENGGANU, Sun. About 290 Japanese American and Australian engineers and technicians will arrive here in midFebruary to prepare the Jroundwork to extract oil rom the Exxon contract area off Trengganu. A spokesman of the Nippon Steel Corporation (NSC). Haji Abdul Rahlm Flkri said another 600 of them185 words
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Article173 1977-01-31 10 Reuter DOHA, Sun. Qatar's Petroleum and Finance Minister left here today for Saudi Arabia to continue his efforts to heal the price rift among the world s major 011-exportlng nations. Sheikh Abdul-Aziz bin Khalifa Al-Thanl, current president of the Organisation of Petroleum Exporting Countries (Opec), has been tryingReuter - 173 words
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Article35 1977-01-31 10 KUALA LUMPUR, Sun. Finance Minister Tengku Razalelgh Hamzah will open the second meeting of tne committee on provident funds of the International Social Security Association (ISSA) at the Equatorial Hotel here on Wednesday.35 words
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167 1977-01-31 10 Reuter KUALA LUMPUR, Sua. The Australian Government will form an inter-de-partmental committee to improve relation* with members of the Association of South-east Asian Nations (Asean), according to Senator Peter Sim. Sen. Sim, who is the chairman of the Australian Senate committee on foreign affairsReuter - 167 words
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Article131 1977-01-31 10 CAIRO, Sun. President Anwar Sadat accused the Soviet Union of attempting to stir up class conflict In Egypt, marking another turn for the worse In strained relations between Cairo and Moscow. In his first public speech since last week's food price riots, Mr. Sadat said yesterday131 words
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Article124 1977-01-31 10 AN export promotion programme to introduce to Singapore manufacturers and exporters to the various methods of international marketing has been drawn up by the Department of Trade, according to Its latest monthly bulletin. Marketing experts including those from international organisations will be helping out in the124 words
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Article67 1977-01-31 10 A GENERAL meeting of the 6.000 strong Singapore Bank Employees Union will be held this week to take a secret ballot against Malayan Banking for allegedly victimising two of Its employees If the bank management does not reply to union representations by Wednesday. It Is understood67 words
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157 1977-01-31 10 SINGAPORE can expect to buy more logs from Indonesia provided It can afford to pay the world market price for the commodity. This was stated by Mr. Tan Kay Swan, leader of a 14-member timber merchants mission, which paid a week-long visit to Indonesia,157 words
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Article222 1977-01-31 10 Reuter UNITED NATIONS. Sun. The world'a population totalled 3,967 million in mid--1975. showing a one-year increase of 77 million, the latest edition of the UN Demographic yearbook reported. If that 1.9 per cent annual growth rate is maintained, the clobal population will double in 37 years. AccordingReuter - 222 words
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396 1977-01-31 10 THE "Year of the Snake" could be a good one for shares In Singapore and prices should be on a rising trend towards the start of the Chinese New Year, according to one leading local stockbroklng firm, Kay Hlan and Company. Kay Hlan suggests396 words
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184 1977-01-31 10 Reuter LONDON, Sun. American economist Milton Friedman today suggested that Britain should auction off its nationalised industries or give them away to the unions. "Britain is a good candidate for a shock treatment In the sense of policies which would bring you into roughly zeroReuter - 184 words
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Article117 1977-01-31 10 AP MANILA, Sun. The Philippines commodities exports amounted to U5556.5 million (*****.4 million) for 1976, 12 per cent more than last year's $45 million Trade Secretary Troadio Quiazon said today. He revealed that of the seven major importing areas of these commodities, mainly sugar, the United StatesAP - 117 words
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Advertisement116 1977-01-31 10 $$%.`++*-!['|]],!$/%||$+<{|[[&~ Lai Pang Fee Chartered Surveyors, 279F Sixth Floor, Selegie Complex, Selegie Road, Singapore 7. Simon B.H. Lim Partners, Suite 15W, 10th floor, Realty Centre, Enggor Street, Singapore 2. are pleased to announce that they have, with effect from February 1, 1977. merged their professional practices in respect of property116 words
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Advertisement83 1977-01-31 10 jjr*e wim r J > I* lima*. v Lunch or dine in a grill room that savours of Olde England with food just as savoury. The Stables an ideal place to combine business with pleasure. Cosy and private, with English-manner service too. Charcoal-grilled Steaks Seafood Pick your choice of steak,83 words
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