The Business Times, 3 June 1978
1978-06-03
1
12
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section10 1978-06-03 1 BUSINESS TIMES M.C.(P) No. 2WI/78 SATURDAY, JUNE 3, I*7B SOCENTS10 words
-
BRIEFLY...
-
Article82 1978-06-03 1 AFP LONDON, Fri. Pressure against the dollar and pound continued today while gold moved up about one dollar In early trading. The dollar was affected by Japanese forecasts that the US currency could fall from about 221 yen to 200 yen. Another factor was the size ofAFP - 82 words
-
Article66 1978-06-03 1 UPI NEW YORK, Fri. Citibank, America's second largest bank, which frequently Is the bellwether on Interest rate changes, today finally raised Its prime rate to Bft per cent In line with most major banks. Citibank had lagged more than a week behind many of the country's leadingUPI - 66 words
-
Article81 1978-06-03 1 Reuter SANGKOK, Fri. The Thai government is considering a new commercial bank bill designed tQ tighten control on operations of commercial banks in the country. Banking sources said today the proposed bill would contain mechanism to allow the Bank of Thailand, the central bank, to keep a closeReuter - 81 words
-
Article76 1978-06-03 1 UPI WASHINGTON, Fri. US wholesale prices advanced 0.7 per cent in May, a considerable slowdown from the April rate, as food costs registered their smallest Increase of the year, the government said today. The May increase the freshest barometer of inflation was moderate when compared to April's 1.3UPI - 76 words
-
Article77 1978-06-03 1 AFP JAKARTA, Fri. Taiwan intends to import more crude oil and oil residues from Indonesia on a regular basis. An official of the China Petroleum Company, who is among the five-man delegation now in Jakarta for discussions with the Indonesian state oil company, Pertamlna, denied reports that TaiwanAFP - 77 words
-
Article78 1978-06-03 1 AP LONDON, Fri. Britain's gold and foreign currency reserves fell by US$377 million (SsB67 million) in May to $16.66 billion, the lowest level since last August, the Treasury said today. It was the fourth successive month in which the reserves declined since peaking at $20.87 billion InAP - 78 words
-
Article61 1978-06-03 1 UPI NEW YORK, Fri. Prices moved higher in early trading today in response to encouraging reports on the money supply and wholesale prices. Turnover was active. The Dow Jones industrial average was ahead 0.78 point to 841.47 shortly before the close of the first hour. Advances outpaced declines,UPI - 61 words
-
-
Chief Price Changes
-
Article123 1978-06-03 1 Rites 8TP1V7S #50 +25 D K«uut 895 +15 CftC 402 +4 HM 238 +4 HMaia 178 +3 HncLmh 384 +2 nil*- 314 +2 TteaaPah 314 +2 ffllkAUw 304 +2 WJ«cka 157 +2 Pi— taHHp 132 +2 Foils DBS 370 -8 B Bay* 218 -8 OUE 187 -8123 words
-
Article, Illustration143 1978-06-03 1 Foils S Trading DBS. TganuDev BKawat Mega Supreme Corp Magnum N Iron Rahman Hy FandN KLInd CenSec 7.20 3.84 1.87 2.10 1.43 2.44 3.32 4.38 4.52 4.82 0.85 1.20 -.10 -.08 -.07 -.07 -.08 -.08 -.08 -.08 -.08 -.08 -.05 -OS Rises PetaUngTln Olympla AMD M Tobacco143 words
-
-
Article820 1978-06-03 1 QUEK PICK LIM - LOCAL FIRMS JITTERY ■y QUEK PICK LIM THE ENTRY of international accountants Deloltte, Hasklns and Sells Into the Singapore accounting market has caused some alarm among local accounting firms. Delolttes, one of the largest accounting firms In the world, Is rumoured to be lobbying for820 words
-
Article277 1978-06-03 1 AFP THE MALAYSIAN government Is believed to be seeking another postponement of the delivery date of the five liquefied natural gas tankers ordered from Prance because of the delay in the project at Btntulu, Sarawak. Deputy Prime Minister Dato Serl Dr. Mahathir Mohamed was understoodAFP - 277 words
-
521 1978-06-03 1 TERESA LIM - •y TERESA LIM PROMET has won a $16.5 million contract for the construction of a Jack-up derrick barge for use In the United Arab Emirates. The principal feature of the barge Is Its selfelevating ability, making it especially useful In offshore oil exploration521 words
-
Article347 1978-06-03 1 SOH TIANG KENG - •r SOH TIANG KENG SINGAPORE'S, foreign reserves soared to a new high of $9.24 billion at endFebruary. The stse of the Asian dollar market, however, shrank slightly in April due to reduced Interbank activity. The nation's foreign assets, according to the latest monthly statistical bulletin of the347 words
-
292 1978-06-03 1 A JOINT vmituiw agreement bstwsim Sembawang Shipyard and Hedermora Verkstadsr to set up a dteni engine assembly plant b expected to be concluded by the Middle of this month. Representatives from Herdemora, a Swedish firm manufacturing diesel engines, equipment for pulps and other292 words
-
540 1978-06-03 1 Our Reporter - Y Our Reporter CONSOLIDATED Hotels, which was suspended by the Stock Exchange of Singapore in April 1976, appears to be the next target of a takeover bid by the Jack Chla group. Business circles believe that Jack Chla-MPH is about to bid540 words
-
Article56 1978-06-03 1 UPI INTEREST charged by Japanese commercial banks on loans to corporate borrowers dropped again In April to reach another alltime low, the Bank of Japan reported yesterday. The average contracted annual Interest rate for both long and short-term loans fell by 0.102 per cent to a recordUPI - 56 words
-
Page 1 Advertisements
-
Advertisement13 1978-06-03 1 the perfect secretary... s"hio) 2>/r«i 10 OL Wt. worfcs 24 hours day w/ :};::,!|>)>-<;^!{,{;_(!&<[@.\][13 words
-
Advertisement45 1978-06-03 1 TEACHER'S ROYAL HIGHLAND 12"i i:\kdi.DM on n \miisk> K\( HEK K< )\\L K;hla>' V *v* v X'-r, > k IS 12 > I Is# 11 M X'i? vs3 ■<*:. {(,J> ACHER'S1 .p M. HKiHl K.-r 1*35 I m->- <* I r-. /v .'"r IJmKsiDl 1.1 'M mt m*,v ■-jf45 words
-
Advertisement30 1978-06-03 1 Leader Page 6 Wi m a 22 %£ii C U8 rtow» MEMOPAD 2. CROBBWORDB 2, AIRCRAFT SCHEDULE i, TV RADIO UISTOW 7, STRAWS Of THK WIND 7. SHARE PRICES M.30 words
-
Advertisement80 1978-06-03 1 livcrctt Line KM THC MOST-FtSQUINT SAILINGS TO SANGKOK HONGKONG •JAPAN PUSAN. Everett Steamship Corpn. S/A J^k J? v A «> l v #5 I,f;^ ij i >•'* w f: -5-^M f f tfvis** .V^jCUV J Ptease send copes of ASEAN Business OuanertyatSSlO per copy. My cheque tor SS ts attached80 words
-
-
TRADE AND INDUSTRY
-
Article, Illustration696 1978-06-03 2 COMPETITION FROM US. UPI AP NISSAN Motor Co will reduce its exports by more than 4 per cent next year as a response to International pressures on the Japanese car Industry. Nissan President Takashl Ishlhara forecast that the company's production for world marketsUPI; AP - 696 words
-
Article, Illustration227 1978-06-03 2 BRA MAKERS in Malaysia ut up ia anna against what they tana "unethical undercutting" by tome manufacturers in the Industry. They waat the govern meat to step ia before all of them are driven oat of burin—. Manufacturers of brassieres and gird lee227 words
-
Article345 1978-06-03 2 MALAYSIA Is still getting livestock from Australia on a government to government basis despite the big shift by Australian exporters to the West Asian markets, a Malaysian Ministry of Agriculture spokesman said. While Australian exporters are naturally keen to sell their livestock to any country345 words
-
Article, Illustration132 1978-06-03 2 THfc MULTI-Purpose Cooperative Society of the Singapore Industrial Labour Organisation has invested $1.5 million to set up a coach tour division, Mr. Phey Yew Kok, chairman of the cooperative, said yesterday. The Investment include the purchase of five alrcondltloned luxury buses worth a total of 1800,000. Each132 words
-
Article292 1978-06-03 2 AP Reuter THE AUSTRALIAN governbient Is considering a possible relaxation of Its foreign Investment guidelines, Treasurer John Howard told Parliament on Thursday. But the review does not Include current foreign takeovers legislation. He said there is a view that some companies which have a majority foreign ownership withAP; Reuter - 292 words
-
434 1978-06-03 2 EXXON Corporation, through Its Malaysian subsidiary, Esso Production Malaysia Incorporated, hopes to produce 190,000 barrels of crude a day from fields off the east coast of Peninsular Malaysia by 1980. This, the international oil giant savs, would be the result of its present434 words
-
Article113 1978-06-03 2 THAI rubber exports are exScted to rite to 440,000 nnes from 404,009 tonnes (1977) (luring the current year, the director of the rubber plantation welfare fund office, Kamol Chanlekha, said. This year's rubber production is expected to be about the same as last year as113 words
-
217 1978-06-03 2 AUCTIONEER Victor and Morrii hopes to realies ow II million torn Um sal* of tho assets of Malayan Plant. Tho auction of tho film's assets started yooterday morning with tho sale of a large collection of office equipment and small spare parts at217 words
-
Article388 1978-06-03 2 COURBEB AND TALKS May 8-Aug 17: Aust Insurance Institute Associateshlp Course, SITC, SITC May 15-June 15: Compensation It Employee Benefits, Hilton, POD May 30-June 6: Senior Management Course, SITC, SITC June 1-3: Effective Advertising, SIM, BIM June 1-9: Mngt course, RELC, Arthur Young It Co June 5-7: Transactional388 words
-
-
Page 2 Advertisements
-
Advertisement157 1978-06-03 2 COLLKTIMQ Oriental Antique; by Judith Moorhouse and Dries Blitz I~!gI Hamlyn Group, Lofidon. Oriental antique* have always fascinated collectors throughout the world, evoking as they do the exotic and Inscrutable East. It Is, however, widely believed that they are too expensive for the average collector. This myth Is perpetuated by157 words
-
-
Page 2 Miscellaneous
-
Miscellaneous610 1978-06-03 2 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS I Sailor's cry to a woman on the street to stop (5) Blackish pier? (5) The fight against winter Infection? (4, 3) 10 Imagine you're asleep! (5) 11 Training vehicle? (5) 12 One man's money (5) 13 Politician who needs to use braille? (7) IS610 words
-
-
OVERSEAS
-
859 1978-06-03 3 Reuter FOREIGN exchange dealers attending the International Forex Congress In Munich are pessimistic about the snort-teim prospects for both the dollar and sterling. The drop of the dollar to 2.00 marks from 2.13 last week and its fall to 1.80 Swiss francs areReuter - 859 words
-
Article, Illustration585 1978-06-03 3 NYT THE chairman of the Federal Reserve Board Joined the Carter Administration's campaign to check inflation by appealing to steel distributors to decelerate wages and prices lyThe call for restraint by Mr. William Miller, who is not a member of the administration, was another signNYT - 585 words
-
WORLD IN BRIEF
-
Article631 1978-06-03 3 Agencies PHILIPPINE experts have uncovered uranium deposits which they said could be used as fuel for the country's first nuclear power plant currently being constructed at nearby Bataan province. The official news agency reported that the metal is present In deposits of iron, pyrlte, copper and molybdenumAgencies - 631 words
-
-
433 1978-06-03 3 UPI THE United States for the first time will be importing more than half of It* oil by the end of this year, and by 1967 will have to rely on overseas oil for two-thirds of Its needs. A British economicUPI - 433 words
-
Article475 1978-06-03 3 AP Reuter WORLD wheat production this year Is tentatively estimated by the Food and Agriculture Organisation (FAO) at 405 million tonnes, 5 per cent above last year, but one per cent below longterm trends in the past 17 years. In a report last month,AP; Reuter - 475 words
-
294 1978-06-03 3 AP COFFEE prices climbed (Hi the London terminal market on Thursday in anticipation of a possible frost In Brazil that would cause shortages. Temperatures dipped to 2.2 degrees Celsius early Thursday In Brazil's coffee region, but Initial reports said there was no crop damage. HeavyAP - 294 words
-
368 1978-06-03 3 CANADA'B proposal to mint a one-ounce gold coin and its possible Impact on krugerrand sales are too difficult to assess at this stage because of numerous unknown factors, a spokesman for International Gold Corp (Intergold) said. The proposed Canadian coin would have a368 words
-
Article227 1978-06-03 3 AFP A BWIBB group pukfiskad a sariea of wut it aeacribed as "•■tkntie dNaanii" akawlag that ■uhlaali—sl Swias firms kad triad ta wnmt tIM Uaitad Nitmi from drawiac op a cada af coaduct aafavaarakle ta Tka gravy asMeoad Cum a few years ago wkaa theAFP - 227 words
-
227 1978-06-03 3 Reuter PERU is seeking to negotiate a short-term rollover of about US$lBO million (***** million) of its foreign debt with a group of International banks, New York banking sources said. Negotiations are proceeding with major banks in the United States, Europe, CanadaReuter - 227 words
-
335 1978-06-03 3 NYT THE U8 Department of Justice, in a move that appeared to be part of a broad Investigation of the publishing Industry, filed anti-trust charges against CBS Inc. on TOunday to compel It to undo its 1977 purchase of Pawcett Publications. CBS attachedNYT - 335 words
-
867 1978-06-03 3 BRITAIN Is likely to breach both financial targets agreed recently with the IMF unless present policies are changed, the latest quarterly review from the National Institute for Economic and Social Research (NIEBR) said on Thursday. NIESR forecasts a Public Sector Borrowing Requirement (PSBR) of867 words
-
117 1978-06-03 3 MANUFACTURERS Hanover Trust Co. is trying to recover about US$7.B million (SslB million) which the bank Inadvertently overpaid in dividends to American Home Products Corp's (AHP) shareholders. The dividend was 32.5 cents a share but through some clerical or computer error, each shareholder received117 words
-
-
Page 3 Advertisements
-
Advertisement53 1978-06-03 3 //c 'y Non-Residents eligible to purchase or rent *4 .<» Mng Court HoM Lucky Plaza is situated centrally in the Orchard Road busiest areawhere the tourist shopping and hotel hub is booming Drive in Shop There's ample car parking lots on »*<4ch ftoor for convenient shopping |jb LUCKY PLAZA FAR53 words
-
-
RAW MATERIALS
-
Article470 1978-06-03 4 OPENING quotations In the Singapore rubber market yesterday were unchanged despite further easiness In London overnight, and later prices rose steadily on reports from Washington that acquisitions of various commodities, including rubber, for the US strategic stockpile are still pending congressional action. Turnover was moderate. Prices470 words
-
Article311 1978-06-03 4 R.A.8. prlcee in enti par kilo yeatarday: Noon (par kilo) (par kilo) Int. 1 R.8.8. prompt f.o.b. Int. 1 R.S.8. June Int. 1 R.8.S. July Int. 2 R.8.8. UK/Cont. Int. 3 R.8.8. UK/Cont. Int. 4 R.8.8. UK/Cont. Int. 5 R.8.8. UK/Cont. Buyers 219.50 220.00 219.75 211.50 210.50 306.50311 words
-
Article69 1978-06-03 4 NOON 88R And SMR price* yeeterday: jxxmm HAS (e—tapmkf) My (Forward Mtk) "TUSepeeW SSR20 S8R34 (1-ton pallet) (l-ton pallet) 207.00 205.00 200.00N 207. OON 200.00 200.00 210.OON 200.00N 8MRSCV SMR 5L SMR 5 SMR 10 SMR 30 SMR 50 (1-ton pallet) (1-ton pallet) (l-ton pallet) (1-ton pallet)69 words
-
Article28 1978-06-03 4 Hubbmi June 2 Slbiidotv: Juae22l.2S crate (up S.2S crate) Malaysia: June 229.90 crate a3.2S orate) Ml 1,872 (up 122) Official offering: 174 tonnes (down 39 tonne*)28 words
-
Article201 1978-06-03 4 BANGKOK rice prices were quoted as follows yesterday: (U8 dollars per tonne FOB basis Bangkok): White Rica: 100 pet Ist class 442. 100 pet, 2nd class 427, 100 pet 3rd class 422. 5 pet 411, 10 mit 400, 15 pet 382. 20 pet 387, 25 pet 3+7, 35 pet201 words
-
Article313 1978-06-03 4 FEARS of frest in Brazil's coffee growing areas over the coming weekend helped boost an already buoyant local coffee market yesterday. Prices firmed $2.50 per plcul for all grades of coffee. Local dealers kept away from the market, hoping for a further Improvement. In the circumstances, trading was313 words
-
Article183 1978-06-03 4 THE SUGAR futures market firmed around U50.21 cents in continued quiet trading yesterday, while turnover rose to six lots from four on Thursday. The Hongkong dally spot sugar price rose 0.15 cents to 7.60, while net open positions after Thursday's trading totalled 51 lots. BUGAR futures doting price*183 words
-
Article154 1978-06-03 4 YARN and cotton In Honfkonc dollar*, spot ex-fodown: Cottaa Tan: China Blue Phoenlx 20 1.720. 32 s 2,145. 40*» 2.290. (per bale of 400 lb*). Place ■"nf- China Butterfly and Olobe Brand unq, Dra#on Head una. Fire Lamb* una, Flower and Butterfly una. Firing Oeeae unq, (par place154 words
-
Article158 1978-06-03 4 ROBUSTA futures yesterday morning ended the opening call steady £29 to £4 per tonne higher from Thursday's close In a turnover of 483 lots. Values steadied after some Initial hesitancy, with July trading up to Thursday's high of £1,845, having opened at £1,830 and then moving uo to £1.905158 words
-
Article77 1978-06-03 4 C.I.r. North European portt, in US dollar* par too LONDON: Tkondajr |l Malay!* 5H t fa bulk per tonne Aug Sumatra 5% ffa bulk June July August September Nigeria 9% ffa bulk etc 830 tlr 640 air 730 sir/MS pd 730 alr/728 pd 090 alr/668 pd 696 slr/6g3V603*77 words
-
Article150 1978-06-03 4 THS STRAITS tin price to Penangveeterday roee USB to 11,572 per ploil on an official offering down 39 tonnes to 174 tonnes. In LONDON yesterday, tin roee by £170 for cash and £129 for three months standard while high grade gained £177 and £130, respectively. Three months traded150 words
-
Article148 1978-06-03 4 TERMINAL cocoa yesterday morning finished the first call £6 up to £3.50 down In London. Prices again tended to harden in open trading on short-covering and associated support possibly on weekend factors and Instability of sterling, dealers said. On Thursday afternoon, terminal cocoa closed £28 down In near July148 words
-
Article115 1978-06-03 4 TERMINAL sugar In London opened £2.25 to £1.85 per tonne up yesterday'morning, although generally In line with higher overnight kerb levels. The London dally raws price was £3 up on tone at £105.50 while whites were £1 higher at £111. On Thursday afternoon, futures closed £1.75 to £1 per115 words
-
Article107 1978-06-03 4 SOYBEAN futures extended early losses on Thursday, as they continued under liquidation pressure, but closed several cents above the day's lows on late short-covering In Chicago. Old crop losses were US 41/2 and 2-3/4 cents a bushel while new crop losses ranged from 11-1/4 to 9-1/4 cents a bushel.107 words
-
Article89 1978-06-03 4 WHEAT futures on Thursday closed on a weak note In Chicago, extending early losses and finishing the session around the bottom of the day's trading range. Closing prices were UB6K to four cents a bushel below Wednesday's closing levels. Selling reflected the weaknesses In other pits. cash market softness89 words
-
Article348 1978-06-03 4 A NEW HIGH for 1978 was experienced as steadier and volatile conditions pushed current HSB One up a further six cents to surpass the 8220 cents maximum reached In October last year and match the peak price of June 1976, before falling back348 words
-
Article431 1978-06-03 4 COPPER wire bars yesterday finished the morning with gains of £6.1 for cash and £5.5 for three months In The market fluctuated over a £6.5 trading range throughout the morning, but a very steady tone prevailed, based on the Zaire situation and expectation of a further decline In stocks431 words
-
Article204 1978-06-03 4 SILVER on the LME lost 2.3 pence all round on Thursday afternoon. The afternoon market held relatively steady despite the further decline In gold and irregular movements In US futures. Three months traded around end-morning levels in the ring, but hardened on the kerb under light covering up to204 words
-
Article472 1978-06-03 4 THE KILOBAR market In Singapore yesterday opened at 8$ 13,871 and closed at 613.974, with a narrow trading range of 919.00. Spot gold for London delivery opened at U*****.16/ 46 and doeed at 6184.20/ 50 against New York's closing of 6164.00/ 40. The London morning fix was U*****560, up472 words
-
Article66 1978-06-03 4 LEAD rose by £11 for cash and £10.75 for three months In London yesterday morning. The strike at Amax and the possibility of similar action at St. Joe gave the market a fresh boost. Fresh buying and chart operations took three months steadily higher to reach £335 at the66 words
-
Article63 1978-06-03 4 ZINC yesterday morning gained mostly C 10.25 per tonne*ln London. This metal followed the trend in lead, with fresh and chartist buying absorbing moderate pockets of profittaking activity. Three months traded up to C 344.5 on the kerb to reach the highest price paid since end-June last year. Sales63 words
-
MONEY AND EXCHANGE$
-
Article439 1978-06-03 4 THERE WAS thin trading on the foreign exchange i market yesterday. The u8 dollar was traded down i against major currencies 1 after London's opening. 1 Against the yen, the US dollar opened at 220.20/ 30 with the OpenlAa of London, the dollar was traded down to the439 words
-
Article88 1978-06-03 4 Asian and CD rates ASIAN currency depoMt Interbank rata* u at ck>M on June t. U8 Dalian CMTer BM .7* 7H 1 mth .7 13/16 711/16 .1 7% 8** 19/16 17/16 8S 6S 8 V. •H N.rn. Dm. .11/16 r&. i vi6 18/16 s*> 1H w la>. I ktl 188 words
-
Article41 1978-06-03 4 RANOE count hoi SKS or prtow offend by dl*i>m on June 1 jrt S*% KMtt 3*% CMac r bills S1/4 31/» Bank bit Is 47/» 4V4 3-Month 1 CD 47/1 4>/4 6-Month i CD 111 Source: National Discount Co Ltd41 words
-
Article21 1978-06-03 4 THE average rata at which Singapore hanks are currently prepared to land to thalr boat customers is 7 par cent.21 words
-
Article114 1978-06-03 4 Euro rates EURODOLLAR deposit rates yesterday opened little changed around overnight levels and have since held steady in quiet tradingThe fall In U8 money supply had little impact on market sentiment, dealers said. Plxed dates saw routine rollover Interact. The four month rate was marked up by about 3/16, reflecting114 words
-
Article25 1978-06-03 4 RESULTS of tender held on June 2 for 91-day Treasury bills to be Issued from June to t. OM: SM.OM.OOI ■iriW n25 words
-
Article199 1978-06-03 4 STERLING and the dollar moved lower in early dealings yesterday, although the forex dealers' congress in Munich continues to restrict volume. Sterling slipped to 61.2 per cent on the trade-weighted index from 61.4 overnight and some dealers said they detected Bank of England support to prevent any further fall.199 words
-
Article255 1978-06-03 4 THE DOLLAR closed mixed on the day, gaining against the mark and sterling, but easing against the Bwlss franc on Thursday, although It finished above Wednesday's closing levels against all currencies. Trading again was very quiet as most senior dealers are In Munich for the international forex conference,255 words
-
Article137 1978-06-03 4 THE US dollar for overnight delivery yesterday closed at 222.00 yen, down from a 222.10 opening, but up from 221.20 at Thursday's close. Trading volume was an active US$492 million. The dollar rose at one point to 222.50 yen, the day's high, reflecting Its overnight recovery against the yen137 words
-
Article106 1978-06-03 4 THE US dollar closed little changed from earlier levels yesterday when It eased against the mark And strengthened against the yen. It closed at 2.M90/ 98 marks against 2.0020/ 30 In New York, while firming to 221.70/ 90 yen from 221.40/ 60. Bterllng held steady at U811.8206/ 15. The106 words
-
Article42 1978-06-03 4 AUSTRALIA/ NZ exchangee quoted on June 2. AUSTRALIA: US dollar 1.1291/ 1.1599 Burling 9am/ ***** US Mbio 1.1902 Nlnsty-day forward bujrt&s raiaa: Starting O.OBM US dollars 1.1200 NSW ZEALAND: Starttny .8879/ 0.9007 US dollar 1.0177/ IJS77 mngWunßS Mrtns Maa: USdSLr I.SBBS42 words
-
Article46 1978-06-03 4 ZURICH esrhangss closing quotes oo June 1. US 1.8010 99SS Ttr 41.1524 2419 Sir I .7599 7754 Dtß 22.4M8 SISS Nkr M.9442 STM ear 48.7989 SOU Lit 0.2199 2159 Aim ach 12.4491 9SSS Port 4 .1270 MBS Spain 2 2909 2BSO Ar« 0 .04 0046 words
-
-
-
Page 4 Advertisements
-
Advertisement47 1978-06-03 4 ANDREA NEWMAN in Penguins £v m .>■ •>: >4, AtLTJ a n MHP' -W*4: 3rw r wm w ?>; < v. Ira ■a(w mm 4m m L«3 V SlASi* S ...4. Hvm. ••v>, '.a fv t t» «H 'V W1 «?-*s> •lsv^w»aH :TTI m W9l I' L*3&2tf&43fea»'£l *nak>,- l ,^r,--47 words
-
-
TRANSPORT
-
854 1978-06-03 5 THE EEC Commission on Wednesday urged member states to ratify three international conventions on the safety of maritime transport and prevention of pollution. A commission statement said it has approved proposals to go before the decision-taking Council of Ministers for a directive asking854 words
-
169 1978-06-03 5 BRITAIN'S largest Independent airline, British Caledonian, on Thursday strongly criticised a decision by the Civil Aviation Authority to withdraw its licence for the London-Los Angeles route and award It to the rival Laker Airways. Mr. Adam Thomson, British Caledonian chairman, said the Authority's decision last169 words
-
Article, Illustration290 1978-06-03 5 AIR NEW Zealand will start a route between Auckland and Los Angeles In September to boost Its services across the Pacific. The new Auckland/ Rarotonga/ Honolulu/ Los Angeles flight by DC-10 aircraft will operate every Sunday night and replace Saturday's DC-8 Auckland/290 words
-
803 1978-06-03 5 NYT The US Civil Aeronautics Board now requires airlines to refund up to double the amount of a delayed passenger ticket to minimise overbooking of flights. Under the rules, effective Sept. 3, a passenger who will not reach his destination within two hours of hisNYT - 803 words
-
Article706 1978-06-03 5 ARRIVALS Service Local Operator Number Time From CAL CI333 0040 TPE/HKG/KUL MAS MH601 0700 KUL MAS MH682 0725 KCH SIA SQlOi 0815 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CPA CX710 1005 HLP CAL CI814 1000 HLP RBA BI323 1025 BWN706 words
-
347 1978-06-03 5 Reuter AFP A DIRECTOR of Lufthansa, the West German airline, on Thursday indirectly accused some US companies of holding up development of the European Airbus family of airliners. Mr. Relnhardt Abraham said Airbus Industrie, the Franco German Dutch consortium making the plane, had beenReuter; AFP - 347 words
-
Article136 1978-06-03 5 Reuter THE Malaysian Airline System's maiden flight to Jeddah using a Boeing 707 la scheduled to leave the Kuala Lumpur International airport on Sunday with 146 passengers. The new Kuala Luna pur Jeddah-Kuala Lumpur route has been planned in line with MAB' expansion programmeReuter - 136 words
-
Article81 1978-06-03 5 THE Olomar Explorer, built by the late Howard Hughes and secretly used by the U8 Central Intelligence Agency to raise a sunken Soviet submarine from the Pacific floor, soon will be recommlssloned as a mining ship. The US navy will be leasing the former spy ship81 words
-
233 1978-06-03 5 THE United States' two largest airlines In the west coast. Continental and Western, are exploring the possibility of a merger. Officials of Continental and Western said discussions still were In an exploratory stage and no negotiations have taken place. They said It was too early to233 words
-
Article, Illustration426 1978-06-03 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Cherry Vilja (B. Barge) (1800) 48 Corvlglla (after Atlas Premier) 18 Ibn Abdoun (after Ramoneverett FuchunJlang sails) 38/39 Jastarnia Bor (after Oavrlll Derzhavln Brlanski Ra bote hi) 31/32 Rasa Sayang (1300 3/4 Star Bellatrlx (after Hela) 44 Vlshva Tarang (after Xiang Shan)426 words
-
-
Page 5 Advertisements
-
Advertisement220 1978-06-03 5 I *-«S ir -js* w Hr L //< $105/-POST FREE 310 pages. 30 x 27.5 cm with 253 illustrations including 92 plates in full colour. In the kingdom of flowers, orchids are the undisputed glamour queens. Their elegance of form, vitality, and almost sinister exoticism give them the haunting beauty220 words
-
-
Article504 1978-06-03 6 THE time has come for the authorities to consider whether the accounting market ought to be closed to any further foreign encroachment. If the furore over Deloittes' entry into Singapore illustrates anything, it illustrates the fact that the market has reached proportions of504 words
-
Article, Illustration1428 1978-06-03 6 BERNARD M. LAP, RONNIE LIM - WORLD OP CONSUMER ELECTRONICS BERNARD M. LAP, chairman and managing director, Philips Singapore, talks to RONNIE LIM about development and marketing trends in the competitive world of consumer electionics. BERNARD M. LAP, RONNIE LIM MIL LAP, are you worried •boat the impact at hifliti—and1,428 words
-
Article, Illustration834 1978-06-03 6 John Tan - LETTER FROM AMERICA by John Tan NOWADAYS, one meets a Surprising number of Singaporeans In New York, perhaps Indicative of the direction In which the Republic Is turning for future prospects. More surprisingly perhaps, and certainly against the trend In many other countries, It Is not834 words
-
Page 6 Advertisements
-
Advertisement305 1978-06-03 6 0 u r Havelock Road S'pore 3.- Tel: *****1 ion bar presents TotoSHteKlfts The Jackson 5 of Manila Don't miss the exciting sounds of Toto L His Kids. This band of four brothers and a sister has the unique vocal style that made them the Jackson 5 of Manila. Toto305 words
-
Advertisement35 1978-06-03 6 After a long <**Y- anfoy a cool, relaxing <rink and listen to soma good pep, blues, ewgrew and jazz. If you have a special request just let tie band know. Appearing nightly, except Mondays at35 words
-
-
Page 6 Miscellaneous
-
Miscellaneous59 1978-06-03 6 g= OUTLOOK for Singapore from 6a.m. to noon today: Isolated showers. Report for 24 hours prior to 7.30 p.m. on Juno 2 at the airport. Maximum Temperature S2.5°C Associated Humidity 68. Minimum Temperature 24.9° C Associated Humidity 99. Hours of Sunshine 10.9. Rainfall in Millimetres nil Total Rainfall for the59 words
-
Miscellaneous270 1978-06-03 6 SBJ SINGAPORE 5 12.50 PM Opening announcements followed by Sesame Street* 1.55 Saturday Matinee The Challengers 4 starring Darren McGavin, Sean Garrison, Nico Minardos 3.30 Police Surgeon Vengeance* 3.55 Soccer Malays* Cup 78 Singapore vs Penang (Repeat)* 4.55 Sandiwara Kali Terakhir Ku Melihat Wajahmu A Malay drama Repeat 5.40 Little270 words
-
-
Article, Illustration1207 1978-06-03 7 KENNETH WHITING - •y KENNETH WHITING AP ONCfe upon a time in far off Borneo a rich Sultan ruled a pollution-free land. Hie subjects paid no Income tax and got free schooling to university level. Medical and dental care cost them nothing and thereAP; Reproduced from Straits Times Annual - 1,207 words
-
Article570 1978-06-03 7 IT 18 rumoured that the managers of Japanese bank branches In Singapore meet once a year, usually In May, in Tokyo, to discuss common problems they face here and to "review market shares" less politely, perhaps, to carve up the StngaEore market among them, y gentleman's570 words
-
Article788 1978-06-03 7 LEONARD SILK - [FOBUM r i 0 D economics k a h LEONARD SILK Leonard Silk it a New York Timet economies writer ARE there regular cycles of business expansion and contraction or is economic life Just a buzzing, blooming confusion, worsened by politicians? Economists have sought for788 words
-
Page 7 Advertisements
-
Advertisement328 1978-06-03 7 d HOTEL MERLIN SINGAPORE 7500 Beach Road, Singapore 7 Tel: *****11 MING COURT HOTEL Tanglin Road, Singapore 10 Tel: *****3 OBEROI IMPERIAL HOTEL I Jalan Rumbia, Singapore 9 Tel: *****6 ORCHID INN 214 Ounearn Road, Singapore II Tel: *****2 HOTEL PHOENIX SINGAPORE Orchard/Somerset Road*, Singapore 9 Tel: *****6. PENINSULA HOTEL328 words
-
Advertisement10 1978-06-03 7 J L No dinner is complete without a White Label10 words
-
-
Page 7 Miscellaneous
-
INTERNATIONAL STOCK MARKETS
-
Article453 1978-06-03 8 TOKYO Source: DBS-Daiwa MOOT earlier gain* yesterday were reduced toward* the close, after a firm opening, in the absence of Incentive*, caution prevailed thfpughout the market. Buying* circulated, aiming at a quick profit. A limited number of Issues which did have Incentives were bought. The morning marketSource: DBS-Daiwa - 453 words
-
Article104 1978-06-03 8 ALMOST all Issues registered significant gains yesterday, with oils advancing substantially. Mining issues advanced slightly while commercials Cied slightly as copper prices roved. JUN* Peaoa Acoje Mining .0115 +0.0006 AtlaaCon.A A tin Con B 17.10 +0 1 BaguloOold 000 unch Benguet Con B 30 00 +0.25 BF Goodrich 18.40104 words
-
Article140 1978-06-03 8 JUNK Bahts Ail* Fibre 298 ♦4 Bangkok Bank 371 unch Bangkok Invest. 354 +4 Bangkok-Metro-politan Bank Bata Berll Jucker 480 unch Carpet Intnl Charoong Thai Wire Dumek Duslt ThanJ 328 -2 Faber Merlin First Trust 431 14 Qenera Finance Indo-Thal Industrial Finance Corp 2406 +20 J And J Ho140 words
-
Article242 1978-06-03 8 < i:< >!".■: i .v M \i ;KI -.'IX SHARK prices dosed generally mixed on European hour ess on Thursday. In ZURICH ibarti closed barely steady In moderate turnover with trading again influenced by the weaker 08 dollar. Banks edged lower. Among little changed flnanclals, Moevenplck Bearer242 words
-
Article175 1978-06-03 8 jvm ru ABN Abold Akjo AMKV Amfu Amrot Bank ST.:::::::: Bo Li Boraumij Burhmann Byenkorf Cal*e Delft Deli IfflJ Ennia Fokker Port Oimmi Oelder OUtbroc Oobaln Hagemeyer Helneken Holland-Am Hoogoven* Hundou HVA IHC Intn Multer KLM KN8M Me net* Mid bank Naarden National Ned Ned Scbeepvaart OceOrlnten Ojem Ommeren175 words
-
Article255 1978-06-03 8 JUNK 01 Ft* Air-Liquid* BSNOtmls Danone C S F (ThomaonC*X) Cle Francalae de* Petrole* Compagnle Financier* Compagnle Qenerale Credit Foncler DeFraac* Hachette (Libralrie) Machine* Bull Mlchelln (B) Pariba* Pechlney Clglne Kuhlmann Peugeot-Citroen Philip* (Nt Oem BeHt) Prlntemp* 8 A Rhone-Poulence 8A Royal Dutch Suew Cte Flnan De) Thomson-Brandt Uslnor255 words
-
Article314 1978-06-03 8 GOLD shares closed on a mixed note on Thursday after a firmer trend throughout most of the day. JUN1 Rand INDUSTRIALS A Alpha Abercom AE And CI AMIC Btrtov* Cf Sucar CNA CurrJe Finance De Been Ind Edcon Edfiri Ewtwljr Fed Voik Fuflt Oardlan Ojenan) Ortumn Hippo Hiveld Huletu314 words
-
Article91 1978-06-03 8 JUNE 91 lire Anlc 98 ♦1 AaaocOcn BaSlOfl JTHW -410 488 -13.75 Central* 3580 -80 Flat 1877 -13 FinUder #4.75 I Oenlmmob 76.25 +0 25 IFIPrl 2130 -17 Iialcementi ***** -•0 lial«u 718 +8 iuitfdar 178 75 5.75 MacneUMPf 479 -4 MarelllErc 288 50 -0.25 Medlob ***** 90 Miralaiua91 words
-
Article176 1978-06-03 8 JUNK *1 Actions Suisse* AliwH— Br AJusuisse Ret Brown Ooverl Br Clb* Oeifj Br. ClbaOelfjrPC Clb* Of Reg Credit Suisse Br Credit Sulsee Ret Bektrowmtt ft. OMUMMlr OlObUSPc Hero Br Hoffman-La Roche 1/10 HokWbtnk Br Inter food Br Jelmoli Br Prmncs 2S6xd IMS -5 SIS 4-1 1666 -30 1130176 words
-
Article88 1978-06-03 8 JUNK Fr» FORWARD MAM XT Acec 278 4-4 Arbad 2415 10 Astur 442 12 Bruc&n 402 +2 Bru-Uunb 1400 10 ffrnrmf SS« M2 440 ■4 D» Been m •1 Ebe» 2220 unch Eecwobel 8390 10 Ob-Inno-Bm 2015 15 Q** 1300 unch Hobok 2255 -5 Petro »50 -9 Ryl Dutch88 words
-
Article191 1978-06-03 8 JUNE Dm Aef-Telefunken Akzo Alls Leben AlUVera BASF BayHTWbank Bay Vbank Bayer BBC BMW Caaaella Chem V«rw Com men ban* Contl Oumml Daimler-Bem Defuaaa Demaf DeutscheBank Dreadner Bank Dt Texaco Dyckertioff 8T A Enka Olanzs Qelsenberg OHH HapM-Uoyd Harpener Hoechtt Hoeach Horten KaU SaU Kamadt Kaufhof KHD Kloecknerwerke Unde191 words
-
Article368 1978-06-03 8 Source: Sun Hung Kai Securities IN VERY heavy trade, the market continued to gain ground yesterday but not without some heavy profit-taking. After opening probably three points up, the Index fell back to an almost unchanged level before recovering In the afternoon session. Blue Chips were barely changed butSource: Sun Hung Kai Securities - 368 words
-
Article263 1978-06-03 8 THE MARKET yesterday closed mixed after early falls, a late morning recovery and further falls In the afternoon, dealers said. JUNE a Cents INDUSTRIALS A.C.I 164 +3 A.N.I 145 ♦2 A P M 121 1 Ampol Pet 78 •1 B. H. P 896 unch Bank NSW 822 20 Bora)263 words
-
Article1150 1978-06-03 8 NEW YORK BTOCKB finished little chanced on Thursday after fluctuating between narrow gains ana loeees all day a* toe market digested bad news about Inflation and investors awaited news about U8 weekly money supply figures. Analysts said some buying was fsasrated earlier by the market's refusal to rive1,150 words
-
Article357 1978-06-03 8 SHARE prices closed mixed In active trading on Thursday, with the Composite index unchanged and advances leading declines 236 to 205. Nine subgroups fell, Including the four most heavily weighted groups. Real estate, down 20-ft points, was the weakest sector. Canray Resources gained C IS cents to $1.94, Combined357 words
-
Article1170 1978-06-03 8 June 1 CHICAGO Board Option* Exchange volume eased to 107,344 contracts from 106,021 contracts on Wednesday.. OPTION JLT OCT J AN- 4TOCI Alcrn 40 AM 51/1 l 11/0 3 IB JWTRD JNTRD M1/1 u 1/9 AiCOt AiCCXt SO RJL C n i/i M 1/1 K1 AID 1VI1,170 words
-
Article70 1978-06-03 8 •lit FINANCIAL TIMES INDUSTRIALS Thursday M&.2 Wednesday 410.8 Week Ago fTLS DOW JONE8 A VERA G^ INDUSTRIALS Thursday 8*O.TO Wednesday 8*0.01 Week Ago 835.41 on LONDON DOLLAR—* PREMIUM Thursday 103* teulM Wednesday 108* to 107 H.K. HANG SENG Frtday 479.85 Thursday 47VctS Week Ago 4«8.7o SYDNEY INDUSTRIALS.. Friday70 words
-
-
Page 8 Advertisements
-
Advertisement226 1978-06-03 8 Mathematics and Statistics in Penguins Statistics in Action: Peter Sprent This book is intended to interest the general reader who wants to become familiar with this subject, as well as a prelude to further study and a complement to formal elementary textbooks for those who wish to go to statistics226 words
-
-
INTERNATIONAL COMPANY NEWS
-
776 1978-06-03 9 r < NAM KHICA N Reuter THE Loews Corp. won a high-stakes bidding contest against a group of foreign investors in a federal court t» Philadelphia to buy three najor Manhattan hotels TrOm the bankrupt Penn Central Transportation Co. "Loews will pay U8955Reuter - 776 words
-
202 1978-06-03 9 Reuter ELI Lilly and Co., a large pharmaceutical firm, filed suit against New York State charging it with violating the constitution and federal patent law. A spokesman for Lilly, headquartered in Indianapolls, Indlanna, said, "We nave not gotten to the point where money IsReuter - 202 words
-
Article93 1978-06-03 9 THE US Air Force awarded General Dynamics Corp a US$l.9 billion contract to produce the first 352 F-lfl fighters, the Pentagon said. The contract includes 105 of the fighters for the US Air Force, 192 for a four nation European consortium purchasing planes and 55 aircraft for Iran.93 words
-
Article481 1978-06-03 9 W < ASIAN Reuter KAWASAKI Heavy Industries Ltd said its net profit is expected to fall 53 per cent to 4.5 billion yen In fiscal 1978 ending next March from 9.68 billion yen in fiscal 1977. It said, however, it expects sales InReuter - 481 words
-
Article260 1978-06-03 9 CBR Ltd announced audited attributable consolidated operating profit of A 943.85 million (941 01 million) for the year ended March 31 on revenue of 1922.17 million (9876.18 million). Profit is after tax of 919.27 million (922.65 million), depreciation of 94.4.30 million (937.70 million), interest of 937.87 million260 words
-
Article306 1978-06-03 9 □AIWA Bank Ltd announced after-tax profit of 5.28 billion yen for the six months ended March 31 (3.70 billion same period last year). Dividend was 2.5 yen (same). 'Villi Bank Ltd: after-tax profit 14.04 billion yen, six months ended March 31 06-.49 billion). Dividend 2.5 ygt; (same). ftH306 words
-
Article104 1978-06-03 9 Reuter THE Supreme Court ruled General Atomic Corp has the right to seek arbitration in the federal courts of its multl-mllllon dollar dispute with United Nuclear Corp. The court did not directly order a New Mexico state Judge to rescind his ruling of several months ago prohibitingReuter - 104 words
-
147 1978-06-03 9 Reuter MELBOURNE: Endeavour Resources Ltd said it has bought the Moolyella alluvial tin/tan tall te mine near Marble Bar, Western Australia, for A 91.06 million. The purchase covers mining tenements over about 78 auare kilometres together th water rights and tailings leases. Endeavour will alsoReuter - 147 words
-
Article107 1978-06-03 9 THREE medium slsed Japanese steelmakers, all affiliated with Nippon Steel Corp, signed a merger agreement, under which Osaka Bteel Co Ltd will absorb Daltetsu Steel Industrial Co Ltd and Yamato Steel Works Ltd on Oct 1, fftiikfi Steel said. The new company will be capitalised at 910107 words
-
Article51 1978-06-03 9 Reuter HONGKONG Engineering and Construction has proposed a final 1977 dividend of HK37.5 cents (65) making a total of 50 cents (90) on capital increased pj a one-for-one bonus issue. Books close June 14 to 28. Oroup 1977 net profit came to 812.83 million (811.30 million).Reuter - 51 words
-
Article289 1978-06-03 9 TAXABLE pro flu of Amalgamated Metal Corporation (or the first quarter of 1978 are only allfhtly down on the exceptionally good reeult for the corresponding period of last year. Reporting the fall from £2.74 minion to £5.66 million the directors say that tin smelting interests equalled289 words
-
Article201 1978-06-03 9 Reuter DE Beers Consolidated Mines Ltd has devised a 36 million rand scheme to extend the life of the Klmberley underground diamond mines and related operations to about 20 years, chairman Harry Oppenhelmer said. He told the annual meeting that at the present rateReuter - 201 words
-
Article170 1978-06-03 9 THE British Petroleum Co Ltd announced first auarter 1978 net Income of £80.6 million (£144.8 million) on sales of £3.47 billion (£3.01 billion). Earnings per share came to 20.8p (37.4 p). Comparisons are adjusted to reflected change in policy of accountlnc for deferred tax. Customs170 words
-
Article139 1978-06-03 9 BONDS,!* LOANS k 4 Reuter THE Commonwealth of Australia completed a 300 million guilder 7-5/8 per cent 10-year syndicated bank loan in Amsterdam. Treasurer John Howard said. The loan was negotiated with the AmsterdamRotterdam Bank NV (Amro Bank) which, with the Central Robobank provided the funds. TheReuter - 139 words
-
125 1978-06-03 9 Reuter THk subscription agreement was signed In London for Banque Worms seven year USWO million floating rate note Issue, Credit Suisse White Weld Ltd said as lead manager. the noteswlll carry Interest payable twice a year at. 1/4 per cent above the average London interbankReuter - 125 words
-
Article99 1978-06-03 9 ILLINOIS Bell Telephone Co said It made placement of UBBl5O million of 8.25 per cent five to seven year notes with the Saudi Arabian Monetary Agency. The notes are redeemable m three annual tranches of $50 million Bell system companies have now placed a total of $65099 words
-
Article55 1978-06-03 9 FRANKFORT: Tl* Kingdom of Denmark obtained a 400 million mark Urtt-mr. Eurocradlt from an International consortium of M banks, Deutsche Bank AO said. The credit was signed in Copenhagen by Danish Flnanes Minister Knnd Heinesen and representatives of tbs oonaortlum, led by Deutsche Bank's Luxembourg subsidiary, Cle Financier*55 words
-
Article651 1978-06-03 9 r 1 I:UK< )IM:AN Reuter REED International Ltd finished fiscal 1977/78 strongly and the company appears to have moved into 1978/79 in the same position, chairman Alex Jarrett told a press conference In London. Mr. Jarrett however declined to forecast results for the current yearReuter - 651 words
-
Article92 1978-06-03 9 LONROHO Ltd announced pre-tax profit of £42.1 million (£39.0 million) for the six months ended March 31 on sales of £752.8 million (£575.2 million). Tax came to £18.7 million (£17.2 million), minority Interests £4.4 million (£3.9 million), and profit attributable to shareholders before extraordinary items was92 words
-
Article98 1978-06-03 9 DUNLOP Holdings Ltd chairman Reay Geddes said so far this year trading conditions have remained difficult and he Is cautious about full year results. He told the annual meeting there has been little recovery from consumer spending levels in Britain since the end of 19T7. In 1977,98 words
-
Article468 1978-06-03 9 THE British National Oil Corporation is helping to boost North Sea oil exports to West Germany in spite of Government restrictions on overseas sales of UK crude oil. Demlnex. the German exploration and production group with a major stake in the Thistle Field, has been refused468 words
-
159 1978-06-03 9 Reuter FIAT Spa said It is seeking a foreign partner to participate in a project for a bus factory at Valle del Sangro, near Chletl In the Abruzzl region of Southern Italy. This project Is part of a 500 billion lire Investment package forReuter - 159 words
-
-
Page 9 Advertisements
-
Advertisement15 1978-06-03 9 in l\W I'apcrhjitk A v 4 I ili i *3 f r r* >I \l'<15 words
-
-
DEALS DONE ON THE SES AND KLSE
-
Article1309 1978-06-03 10 BID and offer prieee officially bated and tnwlnm in and reported to tbe Stock Exchange of Singapore yeetentay wltto the number of almraa traded ahown in bracketi in lota of 1,000 unlta unleae otherwlae cpeelflod. All Time Settlement dontraeta are quoUd after Um word "aatt". Big Board deal1,309 words
-
Article122 1978-06-03 10 4 3/4% 18/8/86 380,000) (100.458 100.568) 8% 18/4/81 (380.006) (100.688 100.758) 6* T F 1/8/63 380.000) (100.458 100.558) 6 V 4% T F IWBI-64 (380,000) (102 955) 7% 18/4/86 (380,000) (100.SOB 101.068) 7 1/4% 18/4/86 250.000) (100.20B) 7 1/4% 18/16/86 (280,000) (100.70B) 7 1/4% 1/8/67 (280,000)122 words
-
Article63 1978-06-03 10 STRIKING prtcee of the stock options officially luted on the Stock Exchange of Singapore the periods, bid and offer prices and business done yesterday, vlth the number of options traded shown In brackets. CaadC (Sept $2.20) (1.888 1.988). F aad N (Sept $3.10) (1.568 1.08S). Nat Iroa (Sept63 words
-
-
Article133 1978-06-03 10 SINGAPORE UNIT TOOT* INCOME BOND UNIT INuum' pricse far Am (Cmi—I p rises) 1M 2.07xd INCOME BOND 1 06 1.11 TtieSmvinf Fund 1.21 ijg S-5S!£S BFund °M 1-03 MABA BUMIPUTBA FUND S gore Security nmd IM 200 8'port Invest Fund 1.22 J§ First Bumlputra fcr Jma C) 2.05133 words
-
Article2411 1978-06-03 10 1*78 High Low Coapuy Last Sale +orOr'* Dhr Dtr Crr Gr's Y*M Si Vel (•080) Day High Lew SECTION ONE X i' INDUSTRIALS 189 214 172 225* 83 215 235V4* 235 406 432 132 123* 112 195* SOW 162 173' 144 256 394 Ac ma Alcom Allied2,411 words
-
Article1623 1978-06-03 10 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets In lota of 1,000 units, unless otherwise specified. inouotkials AJlnawaOa (2.508 2.548). Alaam (2.18B) (21) 2.17 (1) 2.18 AH* M*«d1,623 words
-
Article, Illustration704 1978-06-03 10 BHAREB wwkaxd on a combination of (Man on the Stock Exchange of Siagapare mteriay.' Ob balaaea, deeliaes anabwW advanoaa by a ratio of seven to oao. Broken advanced various reasons which they folt mightaccount far tho woak Each of tlMao probably da not maan much704 words
-
573 1978-06-03 10 SENTIMENT turned decidedly weaker yesterday with the Kuala Lumpur Stock Market heading significantly lower. Lack of sustained support and the absence of any clear leads effectively held down prices. For the whole trading session, prices eased gradually across the board. The easier573 words
-
Article89 1978-06-03 10 DUNLOP Malaysian Industries foresees, at the present time, no chance In the amount of dividend payable for the current yeaf as a result of the one-for-flve •crip issue. The company was replying to a query posed by the Kuala Lumpur Stock Exchange It said that It would expect89 words
-
COMPANY NEWS
-
Article, Illustration980 1978-06-03 11 ARTHUR NG - ■y ARTHUR NG OVERSEAS Union Bank expects to produce a set of "progressive results" for the current year despite the uncertain outlook of the world economy. The bank Is confident of overcoming the problems that may lie ahead as It has980 words
-
Article834 1978-06-03 11 Current payment Ex Date Books clot# Data payable Total fov the yarn Total for previous year Shell UE (Pref.) UE (Ord.) KlnU Kellas C and C 9*mktwu| Shipyard Kucahi Jardines Hongkong Lead FELS NSOP Pan Malayan OCBC Boustmd Holding* OUT OUB Sigma Metal Seacorp Shangri La St Trading834 words
-
Article223 1978-06-03 11 Company Particulars Ex Date Books Close United PluUtoi Bonus Issue of 1 for 10 May 20 Jun 7 Main Bonus Issue of 1 for 3 May 30 Jun TuCfcil Bonus Issue of 1 for 3 May 30 Jun 10 Btwteadeo Rights Issue of 2 for 7 Gnat Eastern223 words
-
Article84 1978-06-03 11 HOTEL Royal hat stated that the report that a developer Is making a significant bid for the hotel Is a rumour. It was replying to an BEB request for Its comments, in accordance with the exchange's Corporate Disclosure Policy. The SES query had been evoked by a84 words
-
Article470 1978-06-03 11 Kuchai Tin Bhd: AOM to be held at Room 2, 6th Floor, Foh Chong Building, Jin Ibrahim, Johore Bahru, at 10.00 a.m. today. Sigma Metal Company Ltd: AOM to be held at Apollo Hotel, 18th Floor, Conference Room, at 12 noon on June 6. Malakoff Bhd: AOM to470 words
-
Article15 1978-06-03 11 Copra Tons Coco* Tons Golden Hope Pataling 394.81 451.32 12.7115 words
-
250 1978-06-03 11 THE dramatic growth at United Malayan Flour Mills last year appears to have slowed down tremendously in the first half of the current financial year, with group earnlngi little changed from those of the previous corresponding period. Group profit before depreciation, In fact, was250 words
-
Article60 1978-06-03 11 SIME Darby Holdings has been asked by the BES to supply the final consideration payable for the acquisition of the business ana certain assets of J.B. Cornell Corporation. Cornell Is a privately held US rubber trader at Berkeley Heights, New Jersey. Sime Darby has also been requested60 words
-
Article, Illustration576 1978-06-03 11 A STRONG second half mitigated the severe profit setback suffered by Acma Electrical at the half-way mark. Group pre-tax profit for the whole year came to $2.1 million, down some 12 per cent only from the previous year's $2.39 million. However, when compared576 words
-
Article478 1978-06-03 11 MURATA Manufacturing of Japan has presented a rather depressing set of results for the 12 months ended Mar 20, 1978. The unaudited group figures show pre-tax profit of 3,254 million yen, more than halved from the previous year's 7,539 million yen, on sales down by 13.5478 words
-
-
Page 11 Advertisements
-
Advertisement433 1978-06-03 11 from Penguin Virginia Woolf died in 1941 and at the time of her death she had won a foremost place in English fiction. Three Guineas and Flush have now been published in Penguins and both will find a wide and passionate audience. Three Guineas magnificently argues the case for sexual433 words
-
-
314 1978-06-03 12 A SMOULDERING feud between the British government and international oil companies drilling in the North Sea has flared up over the Labour Party's campaign to control Britain's Offshore wealth. Oil companies that lined up to bid for licences to drill in 40 zones314 words
-
Article, Illustration692 1978-06-03 12 CENTRAL BANK ADDS ITS VOICE Reuter NYT THE GOVERNOR of the Bank of Japan has expressed scepticism that Japan could achieve Its goal of reducing the current account surplus to US$6 billion In fiscal 1978, from a record $14 billion last year (or aboutReuter; NYT - 692 words
-
323 1978-06-03 12 JAPAN'S gross national product rose 2.4 per cent in real terms in the JanuaryMarch quarter from October-December, when it rose an upward revised 1.1 per cent from the previous quarter. In fiscal 1977 ended In March, GNP rose a real 5.4 per cent from323 words
-
686 1978-06-03 12 THE Imposition of capital controls by Germany cannot be completely ruled out but they should be used only in the last resort. In an interview with -the newspaper Die Zeltln Hamburg, Bundesbank deputy governor Karl Otto Poehl also said that there is a close686 words
-
Article764 1978-06-03 12 LONDON. Frl Government bonds (ell by up to 1/2 point while equities drifted. At 3 p.m. the Financial Times Index was down 3.9 at 474.3. Government bonds Initially fell up to 3/4 point following the weakness of sterling and on concern over British economic prospects, but tney then764 words
-
300 1978-06-03 12 BRITAIN and Malaysia will resume negotiations on revising their air services agreement in September when the British side Is expected to raise the question of Malaysia's ban on Concorde overflights. The Secretary-general of the Malaysian Communications Ministry Mohamed Noor Hassan said that300 words
-
275 1978-06-03 12 SINGAPORE will bo the 1980 venue for the dnnual international foreign exchange convention sf the Associaion Cambiste Internationale. Thia waa decided by mimhw. ef Um Ad on Thursday in Munich. The ACI Is an international organisation of foreign exchange dealer*. The Munich275 words
-
114 1978-06-03 12 THE US House Banking Committee approved a bill to authorise a 5,000 long ton US tin contribution to the International Tin Council's buffer stock. As approved, the bill contains an amendment which would bar any contribution until the price of tin fell within the114 words
-
744 1978-06-03 12 MALAYSIA'S economy Is heading for another good year In 1978, the United States Department of Commerce said on Thursday. Inflation continues at a low rate and the only dim spot remains the low level of private sector Investment, the Department said in its744 words
-
454 1978-06-03 12 Reuter ALL 22 members of the Organisation for Economic Cooperation and Development's export credit group have now agreed to accept new guidelines on export credits which came Into force on April 1. The agreement was accepted by 20 members in February but New Zealand hasReuter - 454 words
-
Article, Illustration387 1978-06-03 12 AFP UPI A SHARP rise In clothing orders from European Economic Community countries has been reported by Hongkong garment makers. Most in demand are "sensitive items" such as shirts and blouses, industry sources said without giving figures. -But an Indication that the ordersAFP; UPI - 387 words
-
Page 12 Advertisements
-
Advertisement107 1978-06-03 12 ACCOUNTANTS, AUDITORS, COMPANY SECRETARIES, MANAGERS, ADMINISTRATORS, BANKERS, STATISTICIANS. The fast growing industrial and commercial sectors of this region are constantly looking for professional men and women to fill such challenging and highly paid posts. Do you have the qualification to fulfil any of these roles? If not then ACT NOW.107 words
-