The Business Times, 30 June 1979
1979-06-30
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The Business Times
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Title Section11 1979-06-30 1 BUSINESS TIMES M.C.(P) No. 14C/1/79 SATURDAY, JUNE 3s, 1979 50 CENTS11 words
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BRIEFLY...
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Article48 1979-06-30 1 KUALA LUMPUR, Fri. Oil companies are expected to make a further appeal to the government for price increases of crude and petroleum products following yesterday's Opec price announcement. An earlier appeal, on the government's announcement of price increases on Jan 1, is already with the government.48 words
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Article46 1979-06-30 1 AFP NEW DELHI, Fri. Pakistani Ambassador Abdul Sattar today categorically rejected the reports about his country joining the nuclear club shortly. He said Pakistan had no intention of making nuclear weapons and did not possess the capability to develop such weapons either. AFPAFP - 46 words
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Article65 1979-06-30 1 AFP GENEVA, Fri. United Nations Secretary General Kurt Waldheim will arrive here tomorrow for a five-day stay during which, diplomatic circles said, he could announce the setting-up here of an international conference on refugees in South-east Asia. Mr Waldheim, who will travel from New York via London,AFP - 65 words
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Article58 1979-06-30 1 AP PITTSBURGH, Fri. US steel imports increased in May to an estimated 1.65 million tonnes, a jump that may cause some concern to the domestic industry, the American Iron and Steel Institute said. The monthly figure is a 9.49 per cent increase over the 1.5 million tonnesAP - 58 words
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Article82 1979-06-30 1 AP RIO DE JANEIRO, Fri. Brazil, the world's largest coffee grower and exporter, raised its minimum export price for coffee today by nearly 20 cents a pound, to US$2 (554.36). The price of Brazilian instant coffee also went up, as did the export tax the Federal Coffee AgencyAP - 82 words
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Article32 1979-06-30 1 AFP MANILA, Fri. The Association of South East Asian Nations (Asean) is planning to set up buffer stocks of selected commodities, Philippine Trade Minister Troadio Quiazon Jr said today. AFPAFP - 32 words
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Article68 1979-06-30 1 AP NEW YORK, Fri. The stock market moved ahead this morning. The Dow Jones average of 30 industrials rose 1.24 to 844.28 in the first half hour. Gainers outnumbered losers by a 5-to-3 margin among NYSE-listed issues. Analysts said the market's strength indicated relief among investors that theirAP - 68 words
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Article129 1979-06-30 1 SINGAPORE Rites Indices. Sthn Kinta FAN Rothmans B Sembawang Grnling* 0 U B Cons Plant Kulim Msia DBS High ft Low Sime Darby 1 C B MBS Falls Sungei Besi FELevingston Kuala Sidim Robinson Alcorn 780 555 44« 386 348 308 224 193 484 410 332 292129 words
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Article, Illustration119 1979-06-30 1 Rises Indices Sg Besi nog (t) 1250 20 Jun 28 Jun 29 20 B.T. Index: 3231.01 3250.73 vain LOan L Perak K Kampar Conplt Wrt Genting Rothmans Benta Bolton 93 18 Industrials: 406.85 406.39 316 16 Finance: 599.97 600.56 340 10 Hotels: 257.25 257.34 565 10 Properties: 232.10119 words
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Article488 1979-06-30 1 COLIN CHEE - r THE NWC DEBATE By COLIN CHEE Chief Reporter THE SINGAPORE Manufacturers Association (BMA) last night came oat in support of the Government's new Industrial Mneprtnt although it ashed, la the same breath, for more government assistance. This declaration of snpport, nonetheless, is a courageous aad488 words
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Article694 1979-06-30 1 MARGARET THOMAS - By MARGARET THOMAS THE Government, in a major policy statement last night, said there will be difficulties arising from the last National Wages Council recommendations but these will not be severe and it is preparing measures to minimise the effects. At the same time, it694 words
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Article228 1979-06-30 1 INITIATION will rise by an additional 1.2 to 2.7 per cent, but this will not have an intolerable impact on prices since real wages will rise. RETRENCHMENTS will have to be faced, but the number will be small. More likely, there will be a slowdown on228 words
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Article289 1979-06-30 1 JOHN LIM - By JOHN LIM SHARPLY diverging from the address by Trade and Industry Minister Mr Goh Chok Tong was a report by the US Embassy here which said Singapore's future growth potential may lie in reverting to its traditional role as a regional service centre rather than in289 words
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225 1979-06-30 1 THE Singapore Manufacturers' Association's (SMA) call for a separate tripartite body to implement the new economic development strategy "can be considered," Trade and Industry Minister Goh Chok Tong said last night. But he added that all three parties are already represented in the225 words
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489 1979-06-30 1 MANO SABNANI - By MANO SABNANI THE FINANCE Ministry has announced sweeping changes in the Singapore Code on Takeovers and Mergers with a view to clarifying its concept and application. The changes, effective tomorrow, will modify Rule 35, which provides that any person who acquires shares which489 words
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Page 1 Advertisements
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Advertisement15 1979-06-30 1 is u less SINGAPORE BUSINESS The Business Magazine World reaction to OPEC pricing page 715 words
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Advertisement172 1979-06-30 1 Wfehavea history of making our depositors' savings grow The history of Lombard North Central goes back more than 100 years. So it's really no surprise that our steady growth has made us an important name in British banking and finance. Individuals and institutions the world over make their money grow172 words
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Advertisement61 1979-06-30 1 ^&[""|&>%>-`_-"}-&;:,(|,?!<,_`' LEISURE TIMES BRANIFF expects to fly here In STOCK market report II September 2 LATEST etmpuy results II CONPAC aad Imae-Asia »et Mg RAHIM Kssslm reports from •riers 2 iuh it SHOULD Matters account for PETROL kiosks may elose on consultancy rolef < Snndays— 12 MEMOPAD t, FLIGHTS S,61 words
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Advertisement162 1979-06-30 1 u Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. IF YOU HAVE TO ASK THE PRICE, YOU CANT AFFORD IT r -.Ifr Tf •i -f. .f. l. ,A <M» I P aT* 53® rfv.il 3p? >- v r*> <&> »v *4 j 't* 'j* .f..•162 words
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TRADE AND INDUSTRY
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Article309 1979-06-30 2 COURSES AND TALKS March-July: Personnel Management Concept Scope and Functions, Holiday Inn, Personnel and Organisation Development April 30-Aug 24: Tuition Courses for the Australian Insurance Institute Associateship, SITC, SITC June 12-26: Personnel Guidelines and Policies, Holiday Inn, Personnel and Organisation Development June 22-Aug 18: Systematic training for effective309 words
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503 1979-06-30 2 LAM MUN WAI - By LAM MUN WAI BRANIFF International expects to fly into Singapore twice weekly from mid-September this year if permission is granted by the Singapore authorities. A team of high-level officials from the American airline flew in this week to lay the groundwork for503 words
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Article52 1979-06-30 2 THE First Asian-Pacific Corrosion Control Conference and Exhibition will be held at Singapore Hilton hotel from Monday. The Minister for National Development, Mr Teh Cheang Wan, will open the five-day meeting. Participants will include the Singapore Institute of Standards and Industrial Research, University of New South Wales School52 words
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Article194 1979-06-30 2 THE THAI government has agreed to sell 30,000 tonnes of rice to Singapore on a government-to-government basis, the director-general of the Thai Foreign Trade Department, Bajr Isarasena, said yesterday. The deal consists of 27.000 tonnes of cent second grade white rice and 3,000 tonnes of194 words
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Article, Illustration74 1979-06-30 2 MANDARIN SINGAPORE, now undergoing a massive 500-room expansion, has recently appointed a new public relations executive to help promote its facilities. The new public relations officer is Miss Koh Pooh Lii (above) who has been a copywriter and feature writer prior to joining the Mandarin. Miss Koh74 words
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Article82 1979-06-30 2 A TWO-DAY management seminar on The Social Responsibility of Corporations in Singapore will be held at the Mandarin Hotel from July 19. Organised jointly by the Singapore Institute of Management and the Konrad Adenauer Foundation of West Germany, the seminar will be open to all top level executives.82 words
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426 1979-06-30 2 HSUNG BEE HWA - By HSUNG BEE HWA THE CONPEX and IMACAsia exhibitions ended on a positve note yesterday. Orders worth several million dollars were secured by the participants and many of the companies are expecting more contracts in the next six months. International Harvester Export was one426 words
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Article200 1979-06-30 2 CXJMMINS Engine of the US has licensed Hyundai International of South Korea to produce certain models of its diesel engines for use in Hyundai equipment. This arrangement will also bring some business to Cummins Engine in Singapore. A company executive said the local factory, when operational200 words
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470 1979-06-30 2 A TALK on consumerism will be the keynote speech at a two-day seminar on Advertising: The challenge in the 90s, which opens next Thursday. It will be delivered by the Consumer Association of Singapore (CASE) executive secretary, Mr Ivan C Baptist. The talk will be470 words
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Page 2 Advertisements
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Advertisement1070 1979-06-30 2 Bangkok Bank Limited (Incorporated in Thailand) LIABILITIES AND SHAREHOLDERS' EQUITY Deposits Demand deposits 3,854 Savings and time deposits 33 495 Deposits in foreign currencies 16,979 Total deposits 54 328 Due to banks interest bearing 15 Demand liabilities 1,781 Borrowing Domestic borrowings 2 349 Foreign borrowings 8 749 Totol borrowings 11,070 words
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REGIONAL
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Article422 1979-06-30 3 THEREjfirill be a complete change in the next few years in the role of the Malaysian Federal Land Development Authority as the sole agency for settlement of the landless, with settlers having a greater say in development policies. According to its directorgeneral, Mr Alladin422 words
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Article186 1979-06-30 3 A FORMULA to redress social imbalances in Malaysia has been reached between the Malayan Chinese Association (MCA) and United Malays National Organisation (Umno) leadership, said MCA president Datuk Lee San Choon on Thursday. This decision was reached after four hours of talks between leaders of both186 words
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Article393 1979-06-30 3 THE Malaysian Airline System (MAS) has concluded two agreements with Pakistan International Airline (PIA) one for the secondment of 10 PIA pilots to serve as co-pilots for the MAS fleet of F27 aircraft and the other for the secondment of four 8707 flight engineers.393 words
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Article91 1979-06-30 3 AFP THE World Bank is to lend India US$25O million (Sssso million) to build a fertiliser factory, the bank announced in Washington on Thursday. The factory will help India save 1200 million a year on imports. The bank also announced it would grant BangladeshAFP - 91 words
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160 1979-06-30 3 CHINESE leaders yesterday sought the views of non-communist parties on a list of caadidateo far election to high Parliamentary aad state posts. This "democratic consultative" meeting la Beijtag was reported by New China News Agency which said that the nation's leader, Party Chairman Hua160 words
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Article, Illustration445 1979-06-30 3 Reuter MORE than 200,000 of 300,000 Indochinese refugees in camps in South-east Asia have been promised new homes by various Governments in the next 12 months, United Nations officials said. UN High Commissioner for Refugees (UNCHR) Poul Hartling said he hopes this would give South-eastReuter; UPI photo - 445 words
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Article295 1979-06-30 3 Reuter JAPAN had a revised overall balance of payments deficit of US$754 million (551.64 billion) in May, up from a prelimimary 5750 million deficit, the Japanese Finance Ministry said yesterday. This compared with a $2.97 billion deficit in April and a $113 million deficit inReuter - 295 words
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Article75 1979-06-30 3 JAPANESE export of assembled motor vehicles in May rose by 11.7 per cent to 362,406 units from 324,470 in April, but fell by 5.6 per cent from 383,977 in May last year, the Japan Automobile Manufacturers Association said. Export of unassembled vehicles in the same month totalled75 words
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Page 3 Advertisements
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Advertisement1190 1979-06-30 3 Bangkok Bank Limited (Incorporated in Thailand) BALANCE SHEET AS AT DECEMBER 31,1978 LIABILITIES AND SHAREHOLDERS' EQUITY DEPOSITS Demond deposits Sovmgs and tune deposits Deposits in foreign currencies Totol deposits DUE TO BANKS interest bearing DEMANO LIABILITIES BORROWINGS Domestic borrowings Foreign borrowings Totol borrowings PROVOENT AND PENSION FUNDS ACCEPTANCES OUTSTANDING OTHER1,190 words
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RAW MATERIALS
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Article343 1979-06-30 4 OPENING prices in Singapore yesterday were initially marked down one cent. The market later eased further on July dis* posals, stale bull ana speculative selling, dealers said. Short-covering interest emerged however to check the decline, they said. The morning session closed slightly lower with July One RSS buyers quoted343 words
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Article381 1979-06-30 4 R A S prices in cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f o b. 288 SO 289 50N 289.50 290.50N Int 1 R.S.S. July 285.50 286.50 286 50 287.56 Int. 1 R.S.S. August 287 50 288381 words
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Article109 1979-06-30 4 NOON SSR and SMR prices ye*tertiay RAS •Inly Aafusl (Current Mth) (Forward Mth) Buyers Sellers Bayers Sellers SSR 20 <l-ton pallet! 278.00 280.00N 279.00 281 00N SSR 50 <t-un pallet) 275.00 277.00N 276.00 278.00N MHELB SMR CV U too pallet I 315.50 50N ***** 317.50N SMR 5L109 words
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Article66 1979-06-30 4 THE STRAITS tin price in Penang yesterday (ell Ms 9 to $1,985 a picnl. Despite sterling's strength against the Malaysian dollar and steadier •vernight London advices, values eased on a larger tin metal contribution from miners, dealers said. With continued demand from Europe, Japan, the US and locally66 words
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Article30 1979-06-30 4 Rubber: June 29 Singapore: July: 286.50 cents (down 2.50 cents) Malaysia: July: 287.00 cents (down 1.50 cents) Tin: $1,985 (down $9) Official offering: 217 tonnes (up 37 tonnes)30 words
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Article330 1979-06-30 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.96. 100 per cent second class 0 85. 100 per cent third class 0.80, 25 per cent new crop no stock. B-10 per cent 070 THAI BROKEN: A-super 0.62. Special330 words
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Article731 1979-06-30 4 COFFEE: Robusta futures yesterday ended the morning £48 to £28 per tonne higher. Turnover totalled 11,662 lots. Traders said the market was firm in the morning on good commission-house and dealer buying triggered by news that Brazil had raised its minimum export price to $2 per pound. Thursday731 words
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Article76 1979-06-30 4 C I F North European ports. In US dollars per ton unless otherwise stated LONDON: TharaMalaysian 5%ffa bulk per tonne August 6Mslr 700slr Sumatra 5* ffa bulk Afloat 722 pd July 70Sslr/ 702 jpd 712 sir/ 7l0pd August 702 isir/ 710slr/ TOOpd 707 pd September 697 .sir 706slr76 words
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Article203 1979-06-30 4 THE SUGAR futures market yesterday closed easier in continued quiet trading, with no trades done as Thursday, dealers said. Nearby July expired after the day's trading and closed at 8.40/45 US cents against Thursday's 8.50/55 close, they said. September closed at 8.80/ 85 cents against Thursday's 8.90/95 and203 words
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Article197 1979-06-30 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars spot ex-godown) Cattta yin: China Blur Phoenix 20s 2.300 32s 2.806 40s 3.015 (per bale at 400 lbs). Pteee China Butterfly and Globe brand unq. Dragon Head unq. Five Lambs unq. Flower and Butterfly unq;197 words
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Article87 1979-06-30 4 CHINA has cancelled previous purchases of 100,000 tonnes of US wheat, which was for delivery during the current marketing season, ending May 31, 1960. The US Department of Agriculture, which said private exporters reported this, added that sales of wheat to China now totals 966.879 tonnes87 words
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Article371 1979-06-30 4 TRADING conditions were dull and featureless on the Singapore produce market yesterday. Hardly any business was transacted with the Western markets as prices here were considered to be a little on the high side. This was particularly so in the market for coffee beans. Because local dealers were371 words
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Article146 1979-06-30 4 .HEAVING long liquidation pushed the September wheat futures contract down its 20-cent-a-bushel limit at the close in Chicago on Thursday Other contracts shed 18'« to 11 US cents. As in most CBT pits, the principal feature of the session was massive local and commission-house selling ahead of the day's146 words
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333 1979-06-30 4 THE easier trend of late was extended into the week ended June 28, which saw much quieter conditions and a gradual decline of some eight cents, says H»li«Uy, Cutler, Bath C*. in its weekly review of the Malaysian and Singapore rubber markets. In the absence333 words
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Article90 1979-06-30 4 CHICAGO soybean product futures on Thursday finished sharply lower, mirroring steep losses in other CBT pits. Soybean meal posted limit losses of $10.0 a ton in three nearbys and slid $9.80 to 17.00 elsewhere. Ooil futures, which in morning dealings managed to cling to small gains, broke under the90 words
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ASIAN STOCKS
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Article497 1979-06-30 4 Tokyo SHARE prices closed slightly lower yesterday in mixed trading, led by oils and mineral resource shares, dealers said. The market average fell 2.78 to close at 6,247.26 with 270 million shares traded. The Tokyo Stock Exchange index closed at 446.64, down 0.16. Recently-selected oils, coals497 words
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Article343 1979-06-30 4 Source: San Hong Kai Sec Ltd THE MARKET saw some enthusiasm after the steady performance of other stock markets on Thursday, and buoyed by the interest in "special situations", continued its rally in moderately active trade. The continued strength of the fixed interest stocks, notably the HK Land 8-perSource: San Hong Kai Sec Ltd - 343 words
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Article164 1979-06-30 4 THE MARKET yesterday closed lower across the board with turnover falling to 4.2 million pesos from Thursday's 4.8 million, dealers said. lasers were Benguet Con B, Philex B, Basic Petroleum, and CDCP while only Meralco and OLDT were higher. Unchanged issues included Acoje Mining, Baguio Gold, Landoil B, Phil164 words
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Article393 1979-06-30 4 ENERGY stocks yesterday remained at the centre of attention in a generally firm market, dealers said. BHP lost part of an early gain but still closed 14 cents higher at $9.14. CSR gained one to 3.25, while MIM fell 15 to 3.15. Woodside Petroleum rose three to 84 cents393 words
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Article288 1979-06-30 4 STOCK prices yesterday closed slightly higher in quiet trading, dealers said. Thai Glass Industries rose 12 baht to 360, First Trust five to 167, Asia Credit four to 260, Vidhayskom three to 196 and Mah Boonkrong Drying and Silo two to 400. White Group fell three baht to 154,288 words
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Article63 1979-06-30 4 FINANCIAL TIMES INDUSTRIALS Thursday 469.3 Wednesday 466.9 Week Ago 474.9 DOW JONES AVERAGE INDUSTRIALS Thursday 843.04 Wednesday 840.52 Week ago 843.64 LONDON DOLLAR PREMIUM Thursday 34'- to 34 Wednesday 35 to 35' i H.K.HANG SENG Friday 539.32 Thursday 536.67 Week ago 528 62 SYDNEY INDUSTRIALS Friday 480.92 Thursday63 words
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Page 4 Advertisements
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Advertisement147 1979-06-30 4 PENGUIN BOOKSHOP RUNNERS HANDBOOK KVtMNERS HANDBOOK =7 KUNN£*& H *V? a 99*:- W///CO RUNHhK. MAKE SETTER LOVSK, THE I&NNBFS HANDBOOK =J RUHHEXS y** o 3 oo XUNNiNCr j SrtMULATm IAUAStfOSh OfHfALTti^ RUNNERS Handbook A 4 -SST 38 5 Here at last is The Runners Handbook, a complete Fitness guide for147 words
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OVERSEAS
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221 1979-06-30 5 Reuter. SOVIET-bloc government leaders wound up a threeday summit of the Comecon economic grouping in Moscow on Thursday and signed an agreement on manufacturing nuclear power stations. The premiers of the 10 Comecon member states, meeting for their annual session also approved longterm measuresReuter. - 221 words
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Article600 1979-06-30 5 EUROPE, U.S. SPLIT WESTERN leaders at the Toyko summit conference worked toward a compromise on ways to curb oil imports after a split between the United States and Europe over how to reduce consumption. US President Carter also announced that America will admit twice as600 words
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Article717 1979-06-30 5 ARRIVALS Service Local Operator Number Time From KLM KL837 1230 AMS FRA DXB BKK SU SQ201 1245 HLP MAS MH684 1245 KCH MAS MH651 1330 (MES) PEN/ KUL SIA SQ61 1340 BKK SIA SQ455 1340 BWN SIA SQ117 1345 KUL GIA GA900 1400 HLP SIA SQ105 1500717 words
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Article153 1979-06-30 5 Reuter. PAINFULLY and slowly the United Nations Inter-govern-mental Maritime Consultative Organisation (Imco), hampered by national rivalries, greed and indifference, is trying to cajole and coerce the swelling mercantile fleets of the world to safeguard the element that is their lifeblood oil. In theReuter. - 153 words
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Article255 1979-06-30 5 UPI. FREIGHT rates continued to climb throughout the market as enquiry pressure built up on a wide scale. On the US Gulf, improvements of US$l (552.20) were noted in both grain and chemical fixing. The Doryforos secured $38 (FIO) for a 30,000-ton July 10 to 20 grainUPI. - 255 words
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WORLD IN BRIEF
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Article642 1979-06-30 5 Agencies. THE US Senate armed services committee has tentatively set July 10 (or hearings on legislation providing (or the disposal of quantities of stockpiled tin, silver and industrial diamonds. The bill provides for the sale of 10,000 long tons of tin, 15 million troy ounces of silver andAgencies. - 642 words
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Article132 1979-06-30 5 Reuter AFRICAN, Cwlkktu aad Pacific (ACP) muMm ltoked to the Einpeu C*mfflN Market to the Lame devetopmeat aid pact are aagered at what they see ac Its Ugh hai ed treatment «f them. Mtototors tram the 51 ACP states left Brands dlsgraatted at the aateame «fReuter - 132 words
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Article298 1979-06-30 5 Reuter OPEC will consider changing its oil pricing unit to a basket of currencies instead of the dollar if the US currency falls in value, Saudi Oil Minister Ahmed Zaki Yamani said. "So far we are happy with the dollar," Sheikh Yamani said. But ifReuter - 298 words
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Article131 1979-06-30 5 AFP. THE Chinese defence budget has risen to 18 per cent of total government expenses this year from 15 per cent last year, Finance Minister Zhang Jingfu said. Mr Zhang's report specified that funds allocated to defence and "preparations anticipating a war" total 20.23 billion yuan (5528.6AFP. - 131 words
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Article417 1979-06-30 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Accord (Tanker) (0600 after Joo Hong Subject Gas Free P/ O) 15/16 Kota Bali (Passenger) (1500) 1/2 Kota Eagle (after Kota Mulia) 10/11 Koyo Mam (RO/RO) (2000 after Thermopylae) 47 Neptune Agate (0600) 40/41 Nedlloyd Kimberley (2000) 3/4 Palm Sea Horse (Tanker)417 words
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Page 5 Advertisements
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Advertisement87 1979-06-30 5 BUSINESS TIMES GIVES YOU THE EDGE Every single business day, Business Times keeps you informed of essential financial, commercial and industrial news. Economic Trends. The Money Market. Price Indices. Company News, Reports. Opinions and predictions. Can you really afford to miss Business Times? Subscribe now. I .Sr I Cot out87 words
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Advertisement245 1979-06-30 5 SINGAPORE MC(P> 9Br*> -jOl i NO»»-V JUNF IT9 PRO $300 monthiy i I f Srxil Or*y l«A A. 5 X I f 4fc gs Pv V <> x> °fy, We all need help sometime or other. But whenever we get it or not is another matter altogether. The June issue245 words
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Article584 1979-06-30 6 MR GOH CHOK TONG has not disappointed his fans in coming up once again with a speech that is both memorable and constructive. His message at the annual dinner of the manufacturers' association will long be remembered for the clarity with which government policy and584 words
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1203 1979-06-30 6 It was the introduction of computers in business two decades ago that stimulated the creation of managementconsulting divisions in accounting firms. This development was only natural, according to Dr Robert Mautz, professor of accounting at the University of Michigan. NYT. THE accounting profession isNYT. - 1,203 words
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885 1979-06-30 6 NYT EVERY MONTH, 100,000 tonnes of crude oil arrive by tanker from Saudi Arabia at Port Sudan on the Red Sea to fuel the precarious Sudanese economy. The Sudan used to obtain oil from iraq, paying for it with a Saudi loanNYT - 885 words
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Page 6 Advertisements
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Advertisement111 1979-06-30 6 A PENGUIN i A 4£ 8 *>3^SC THE MALAYAN TRILOGY This famous trilogy wittily dissects the racial Time for a Tiger "His characters are and social prejudices of post-war Malay splendidly mad First class" during the chaotic upheaval of Independence. Through a succession of splendidly colourful characters, Anthony Burgess delineates111 words
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Page 6 Miscellaneous
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Miscellaneous1457 1979-06-30 6 Thirty Years War MIDNIGHT movie at U.IS take* u back 356 years or so late the midst of the Thirty Yean War (*****948) when a groap of Midlers occupied a small Gtrmaa village and made the local peasaats work far them. Tke list of stars looks attractive enough Omar Shariff,1,457 words
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WORLD REACTION TO OPEC RISES
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Article190 1979-06-30 7 AFP THE Organisation of Petroleum Exporting Countries (Opec) on Thursday categorically rejected any "dialogue" with industrialised countries dealing with energy alone. The official statement issued in Geneva after a three-day meeting of Opec oil ministers said that they had recommended to member governments "that they approve theAFP - 190 words
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Article400 1979-06-30 7 THE w»rM'g leading «U exporters Thursday raised their price levels in a complicated two-tier system estimated to pat op the average priee of a barrel of erode oil hy more thaa 15 per cent Amid all the complications and sometimes contradictory statements about the new price400 words
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Article209 1979-06-30 7 Reuter THE Opec price rises announced on Thursday will hurt the US economy by pushing up inflation, cutting production and increasing the chances of a recession, US Administration officials said. Members of the President's Council of Economic Advisers (CEA) said the increases will add one percentageReuter - 209 words
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Article, Illustration907 1979-06-30 7 PAUL LEWIS - By PAUL LEWIS NYT OPEC is being cruel to be kind. The complicated but fragile new price list which the 13 members of the oil exporters' cartel finally published on Thursday, probably will raise most consumers' fuel bills some 15 per cent on average in aNYT - 907 words
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Article, Illustration760 1979-06-30 7 AP, AFP "WE MUST learn to live in a world where oil will be rare and expensive," French Premier Raymond Barre said on Thursday of the latest round of Opec oil price increases. The 13 nations of Opec boosted the base price forAP,; AFP; UPI photo - 760 words
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Page 7 Advertisements
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Advertisement227 1979-06-30 7 111 l KOREAS LEAOIIMG BANK P |l> (INCORPORATED M THE REPUBLIC OF KOREA) BANK AS OF DECEMBER 31,1978 STATEMENT OF CONDITION (In Thousand Won) December 31 December 31 1978 1977 Won 484 US $1 for 1977 to 1978 We hereby certify that these reports are true and correct Statement of227 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article275 1979-06-30 8 JUNE 28 Fr» CORBE1LLE Alr-Liqulde 418 +4 B S N Gervals Danone 851 -18 C S F < ThomsonCif) ***** -5.9 Cle Fran raise des Petroles 201 unch Compagnle Financier* Compagnle Gene rile 381 unch Credit Foncler De France 477 7 Hachette (Llbralrle 1 252.50 unch Machines Bull 5880275 words
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Article186 1979-06-30 8 JUNE 28 Francs Actions SulOH 281 -♦I Alusulsse Br. 1225 5 Alusulsse Ref. 490 5 Brown Boveri Br. 1760 10 Clba Oelf; Br. 1240 5 Clba Oelfy PC1006 10 Clba Oelfj Ref an Credit Suisse Br 2190 5 Credit Suisse Rec 422 -1 Elektrowatt Br. 3025 •10 Oeorfe Fischer186 words
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Article204 1979-06-30 8 JUNE 28 Dm Aef-Telefunken 49 S0B Akxo a so -04 Alls litbfn MOOO -20 Alls Vers 445 00 •4 RAftf 12»OOxd -4.1 Bay H T Wbank 242-50 -4 Bay Vbank 381 00 unch Bayer 125 30 unch BBC 258 00 1 BMW ir jo 03 Casaella 345.00 5 Chem204 words
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Article197 1979-06-30 8 JUNE 28 FU ABN TWOO „2_5 Ahold 9550 41.7 Akso 28 50 AMEV M 30 unci! Am fas 106 70 -0 8 Amrot Bank 66 30 -0 4 Berfoss 56.00 •1.2 ffrrfc 94 00 -03 Bob 6640 ♦0 9 BorsumlJ 160 50 -0 5 Burhmann 62.50 unch Byenkorf 70197 words
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Article98 1979-06-30 8 JUNE 28 Fr* FORWARD MARKET Acec Artwd Astur 434 2585 MR unch *5 -2 B rase an Bru-Lamb C'&npac Cock De B««rs 6J6 1700 too 900 258 -2 20 38 10 -1 EDM ElectroDel Ob-Inno-Bm o«* 2190 6850 2580 1222 uncb 40 -S 2 Hobo* Petro Ryl Dutch 287098 words
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Article99 1979-06-30 8 JUNK 28 Lire Ante Assoc Ocn Baxtoct 31.75 ***** 7»4 035 -480 -20 Central* Flat Flnslder 5300 2530 153.50 -70 25 -035 Oen Immob 8575 •IS in Prt Italcemenu Italcaj Itslsider 3430 ***** 715 388 90 -430 8 -1 Ms*netl M Pf Mtrelll Ere Med lob Minimi* Mondsdori Montedsn99 words
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Article209 1979-06-30 8 JUNE 28 C* Abitibt 19 Alran 40 -H Algoma a\ unch Bank Mont 24^ -it Bank Nova Scotia ai> Bell Tel Z1H -H Beth Corp BP Can Ltd 28^ It Braacan as -H Camp Red Lake Sl*k unch Can Imp Bk 25S -It Canpar 34 S 4Canpac In» PI209 words
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Article314 1979-06-30 8 JUNE a FUnd INDUSTRIALS A Alpha 160 4-5 Abercom 223 3 AE And CI 445 -5 AMIC 1400 50 Barlows SflO *10 C( Sugar 615 CNA 240 unch Currte Finance 88 De Bccrt Ind lflfiO Edcon 325 Edgars 4000 unch Everead* F«J Volk 185 .5 Fuglt 118 O&rdian Glenanl314 words
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Article984 1979-06-30 8 Duusitntu oy su-engui in energy issues, ine New Tor* stock market moved higher over a wide area in active trading on Thursday despite the increase in oil prices set by Opec The Opec price increases were not as bad as Wall Street 's worst expectations although they will984 words
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Page 8 Advertisements
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Advertisement507 1979-06-30 8 See Page 4 for Asian stocks Where to wine, dine and entertain For drinking. For dancing. For delightfnl evenings. Music by Bacchus International of London. Open hours: SI TV Till R 9 PM JAM SlJoo 1% ISI DRISK hRI. SAT 9 PM JAM SIS iK) 3% ISTDRIXK Vnlim I*iirk Sln-ntton507 words
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Advertisement51 1979-06-30 8 rf s a/ Swak House Mhw-Q Try our TepparvYaki steak In our cosy, personalised atmosphere A truly mouth-watering deJight And a time that you'll remember. Business Hours: Lunch 12.00 noon 2.30 p.m. Dinner 6.00 p.m. 10.30 p.m. TEPRAN -YAK I MINO-Q Ist Floor, King's Hotel, Haveiock Road, Singapore 0316. Tel:51 words
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BANKING AND FINANCE
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682 1979-06-30 9 COLIN CHEE - By COLIN CHEE THE Singapore branch of Sumitomo Bank put on the market yesterday its second US dollar floating rate negotiable certificates of deposit (FRCD) issue for the year. It is worth US$2O million. The amount brings to a total US$5O million that the682 words
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Article343 1979-06-30 9 AP REPRESENTATIVES of the 134 governments in the World Bank have voted to increase its capital by US$4O billion <SsBB billion) so that it can make a "modest increase" in its lending to the poor areas of the world, an official said on Thursday.AP - 343 words
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105 1979-06-30 9 euter Walter E. Heller International Corp said Midland Bank Ltd has offered to acquire all its outstanding common stock for U5542.50 (5593.50) a share. Heller is a commercial financing and factoring company. At the end of last year it had assets of 14.8 billion. Theeuter - 105 words
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448 1979-06-30 9 AP TWO DAYS of congressional hearings on the future of the Euro-dollar ended on Wednesday with no agreement on what should be done or even how many there are. Euro-dollars are US dollars on deposit outside the United States, often in foreign branches ofAP - 448 words
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792 1979-06-30 9 In a hard hitting response to the call by American legislators to curb the freewheeling ways of the Eurodollar markets, Walter Wriston, chairman of Citibank, lays out his opposition to the proposal for regulating the US$7O billion pool of funds operating mainly outside national792 words
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107 1979-06-30 9 THE governor of Bank Negara Malaysia has announced that Bank Negara will issue a $1 non-proof cupro-nickel coin as from Monday to commemorate the hundredth year of the planting of natural rubber in Malaysia. The issue of the coin is to acknowledge the107 words
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Article121 1979-06-30 9 THE Algemene Bank Nederland (ABN) has decided to merge the Swiss banks belonging to the ABN. The banks concerned are: Algemene Bank Nederland In Der Schmeiz, Zurich; Algemene Bank Nederland (Geneve). Geneva; De Neuflize, Schlumberger, Mallet (Suisse), Geneva; and Neue Bank. Zurich. All these banks will now operate121 words
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Article111 1979-06-30 9 UPI JAPAN and Canada agreed on Wednesday to start talks on reciprocal opening of banks following the enactment of a Canadian banking law, Japanese government officials said. The agreement was reached between Japanese finance Minister Mr Ippie Kaneko and his Canadian counterpart Mr John Crosbie, theUPI - 111 words
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Article219 1979-06-30 9 FT IT MAY not become clear for some time whether the loss of earnings experienced by airlines will be recoverable following the grounding of the world fleet of DC-lQs by the US Federal Aviation Administration. Although some airlines do take out loss-of-use insurance, this generallyFT - 219 words
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Article76 1979-06-30 9 Reuter THE New York Mercantile Exchange said its board of governors voted to begin negotiations with the Commodity Exchange Inc (Comex) on a programme for mutual trading privileges in currency and financial futures. It said under the proposed plan, Mercantile Exchange members will be permitted to tradeReuter - 76 words
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225 1979-06-30 9 Reuter A FORMER Credit Suisse Bank manager accused of involvement in a multi-mil-lion franc fraud was operating under pressure and blackmail and not for profit, his defence lawyer said on Wednesday. The lawyer for Mr Claudio Laffranchi, former deputy to Credit Suisse chief managerReuter - 225 words
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Article125 1979-06-30 9 Reuter FOREIGN purchases of Japanese bonds exceeded sales by US$2l3 million in May, compared with net foreign sales of $349 million in April, the Finance Ministry of Japan said. Foreign purchases of bonds in May rose to $817 million from $737 million in April, whileReuter - 125 words
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206 1979-06-30 9 Reuter US INTEREST rates are likely to remain at or close to present levels in the near term, even if the economy gives more convincing signs of weakeness, the Organisation for Economic Cooperation and Development (OECD) said. Its "financial market trends" publication made thisReuter - 206 words
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MONEY AND EXCHANGE$
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Article436 1979-06-30 9 TRADING on the foreign exchange yesterday was rather quiet, with the US dollar closing generally stronger against major currencies. Against the yen, the US dollar started off at 216.80/ 90 and climbed to close here at 217.30 40. The US dollar was traded up to 1.8545 55 against436 words
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Article183 1979-06-30 9 Asian rates ASIAN currency deposit interbank rates as at close on June 29: 7 days 1 months 2 months 3 months 6 months 9 months 12 months US Dollar*<Spot) Offer Bid 9 3/16 91/16 1015/*****3/16 10'> 10 1 10 I 10', 10 l 10? 105/16 103/16 10 J 10'. 1183 words
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Article52 1979-06-30 9 RANGE o( prices offered by discount houses on June 29: Overnight 4 s l r < Call deposits f 'k'/i Ctoiinf Buyiaf S«tlia< 3 month Treasury bills f t 4's 3 month Bank bills 7» 7'.3 month CD T. 7 6 month CD 7 3/16 7 1/16 Source: National52 words
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Article340 1979-06-30 9 SINGAPORE gold futures yesterday closed sharply lower compared with the overnight close, dealers said. Opening quotations were marked down between US$2.7O to $3.40 in most positions reflecting easier overseas gold prices. Thereafter, the market held steady during the morning's trading before easing further in the afternoon in line with340 words
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Article64 1979-06-30 9 RESULTS of tender held yesterday for 91-day and 182-day Treasury bills: •1-day Mils to be IStday Mils to—tr— Jaly t tobelasMd to Jaly •a Jaiy t Offered: $50,000,000 $10,000,000 Applied: $136,820,000 $32,500,000 Allotted 150,000.000 $10,000,000 Accepted bids 9M.B 9T.C7 approximately higher approximately Iff.; higher bids in full64 words
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Article154 1979-06-30 9 THE US dollar for overnight delivery yesterday closed firmer at 217,00 yen, compared with a 216.80 opening and 215.60 at Thursdays close. Trading was light with volume US$5O4 million. The dollar fluctuated narrowly but held well above Thursday's closing rate in quiet late trading after initial firmness, dealers said.154 words
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Article226 1979-06-30 9 THE DOLLAR yesterday enjoyed a modest recovery at the opening on technical (actors ahead of the weekend, month-end and end of the first half year, dealers said. Book-squaring and some short-covering of dollars after yesterday's fall pushed the US currency up to an opening 1.8505/15 marks, 1.6630 45 Swiss226 words
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Page 9 Advertisements
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Advertisement40 1979-06-30 9 STATE BANK OF INDIA SINGAPORE BRANCH CHANGE OF ADDRESS EFFECTIVE 2ND JULY 1979 OUR OFFICE Wil l. HI RELOCATED AT TOWER 9001, DBS BUILDING 9TH FLOOR 6 SHENTON WAY SINGAPORE 0106 PHONE *****33 CABLE THISTLE TELEX RS ***** AB: THISTLE40 words
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DEALS DONE ON THE SES AND KLSE
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Article1244 1979-06-30 10 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "sett". Big Board deal1,244 words
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Article169 1979-06-30 10 4 1/2% 1/8/80 (2S0.000) (99.508 99.808) 4 3/4% 15/9/80 (250.000) (99 658 99.755) 5 3/4% 1/6/78-80 (250.000) (100.758 100.85S) 5 1/2% 1/5/79-81 (250.000) (100.358 100.455) 5 3/4% 1/9/79-81 (?50.000) (100 488 100.58S) 5 1/4% 1/3/81 (250,000) (100.108 100 J08) 5% 15/4/81 (290,000) (***** 99.758) 5% T F 1/5/83169 words
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Article1472 1979-06-30 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 lots of 1,000 units unless otherwise specified INDtBTRJALB H|sia»li (2.808 2.865) Aleam (1.825) Ales BaM (119B) A Ckae (133B)1,472 words
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Article158 1979-06-30 10 HNGAPOKE UNIT TBUOT INCOME BOND UNIT ("■■I"!' prtees tar M t) (Carnal pr teas) The Commerce 2.01 212xd The Saving Fund 1.31 139 Income Bond 1.11 1.17 S pore Prog Fund 0.94 99 S pore Sec. Fund 1.75 t K S pore Invest Fund 1.18 1 25xd S'porv158 words
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Article2534 1979-06-30 10 Gr'a Gr'a Net 1 1979 Last Div Div Y'ld P/E Vol Day High Low Company Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 236 15.0 22 65 12.1 190* 123' Alcom 175 -4 10.0 15 5.7 235 1 175 175 142 1102,534 words
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Article187 1979-06-30 10 Hang Lesag FIimm Ltd: AGM to be held at 24th Floor, Hong Leong Buidling, 16, Raffles Quay, Singapore at 10.00 a.m. in Jun X. Malaysia* Feedmllls Ltd: AGM to be held at 25, New Bridge Road, Singapore at 10.00 am on June 30 RJvervtew Rabber Estates Bbd: AGM187 words
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Article, Illustration591 1979-06-30 10 SMALL galas were pasted all anui la laok-lustrr trading at the Stack Exehaage of Stagapere yeeterday. By aad large, the market appeared te be still caatleas. Bnylag sappert was limited, particularly on tke ordinary settlement board. Yesterday was the start of the591 words
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618 1979-06-30 10 A SLIGHTLY steadier trend prevailed on the Kuala Lumpur stock market yesterday and prices edged marginally higher across a fairly broad front. Trading, however, remained hesistant and there was little change in market sentiment following news that Opec has finally decided on a618 words
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COMPANY NEWS
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Article326 1979-06-30 11 SENTOSA Plywood, through wholly-owned subsidiary TCNP Trading, paid 17.17 million for 2.39 million shares or a 44 per cent stake in palm ail refiner Jomallna last December, the plywood company said in reply to stock exchange queries. However, the total cost of acquisition could be326 words
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235 1979-06-30 11 A SHARP rise in tin production and tribute income lifted earnings at Kuchai Tin substantially higher last year. Pre-tax profit for the year ended Dec. 31, 1978, doubled to $914,139 from $423,802 in the preceding year. Net profit after a higher tax charge of235 words
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Article183 1979-06-30 11 WILKINSON Process Rubber suffered an 18 per cent decline in group pre-tax profit to $1.49 million for the first half-year ended March 31. 1979. Group turnover fell marginally by 4 per cent to $7.53 million. Higher rubber costs could not be recovered by higher selling prices and,183 words
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Article, Illustration911 1979-06-30 11 CHAN BONG SOO - AFTER-TAX PROFIT RISES 40PC By CHAN BONG SOO EFFICIENCY at holding down costs has been the force behind British-Ameri-can Tobacco's (Singapore) (Bats) growth over the years despite the many variables it has had to contend with. Bats' example ought to be emulated, where911 words
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468 1979-06-30 11 CATHERINE ONG - By CATHERINE ONG LOCAL soft drink manufacturer, Fraser and Neave has continued to show its paces despite rising operating costs and low wholesale and retail prices for its products. For the full year ended Mach 31 1979, unaudited group trading profit468 words
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Article676 1979-06-30 11 Current Payment Ex Date Books Close Date Total for Total for Payable the year Previous year Bousteadco Eu Yan Sang Malakofr NSOP P Bank Setron Hong Leong Inchcape Conv. Loan K T Pau ST P (1975) Times Pub Mentakab Prem Hldgs mbBolton Taiping Text Aokam Tin Dah Yung676 words
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Article139 1979-06-30 11 Particular* Ex Date Book* Cloae Mai Flour Bonus Issue of 1 for 2 Jun 27 Jul 9 Oriental Hldga Bonus Issue of 8 for 5 Jul 4 Jul 16 Spore Glass Bonus Issue of 1 for 5 NYA NYA Yeo Hiap Seng Bonus Issue of 1 for 3139 words
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Article478 1979-06-30 11 SING A PO R E incorporated property and investment holding twins. Central Properties Ltd and Town and City Properties Ltd have both reported better earnings for last year. Central Properties chalked up a 78 per cent increase in group pre-tax profit to $3.14 million for the478 words
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Article207 1979-06-30 11 KINTA Kellas has managed to rein in the steep slide in profits which began a few years ago, mainly because of the higher price for tin during most of last year. The company turned in an unaudited trading profit of $4.38 million, marginally lower than the $4.48207 words
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345 1979-06-30 11 A SIGNIFICANT improvement la rnbber prices and investment Income combined with better craps harvested in tbe seennd half-year helped Mentakab Rabber (Malaysia) achieve a SI per cent rise in pre-tax praflt ta $©7,558 last year. TataJ sales were ap by 21 per cent345 words
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Article286 1979-06-30 11 §0O8CL«, by HOCK LOCK SIEW SHARES of public investment companies proved popular because they were cheaper to bay than ether classes of shares in the Singapore stock market. Since the end of last year, the market has staged a (airly good recovery with some shares appreciating inby HOCK LOCK SIEW - 286 words
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LATEST CO NEWS
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Article157 1979-06-30 11 reports audited net profit before tax of $27.7 million for the six months ended Mar 31,1979 against* $29 million last year. Gross turnover was $261 million compared with $251.6 million last year. The directors say sales continued to increase for most of the period under review resulting157 words
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Article192 1979-06-30 11 has reported an unaudited group operating loss of $307,000 for the six months ended March 31 1979 against a loss of $214,000 previously. Group turnover was $2.8 million compared with $2.5 million. The company recorded a loss of $309,000 compared with a loss of $145,000 previously. The directors192 words
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Article40 1979-06-30 11 posted a pre- tax profit of $4.77 million for the year ended February 28. 1979 compared with 51.64 million the year before. The directors recommend a first and final dividend of 15 per cent tax exempt40 words
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Article59 1979-06-30 11 announced the ap- pointment of Dato Haji Ishak bin Haji Mahmud, Encik Mohd Majdi bin Dato Haji Ishak and Dr. Ooi Tien Huat to the board of directors with effect from June 23, in place of Encik Khalil bin Akasah, Dato Loy Hean Heong and Mr.59 words
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Article35 1979-06-30 11 US$25 million Floating Rate Notes Due 1989. For the three-month interest period from June 29 to Sept 28, the notes will carry an interest rate of 11 per cent per annum.35 words
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Article71 1979-06-30 11 has increased its participation in its Singapore subsidiary, Ajinomoto (S) Pte Ltd, to 150,000 shares of $1 each from 50,000 shares However, its percentage of shareholding in Ajinmoto (S) is now 50 per cent instead of 100 per cent previously, as its parent company, Ajinomoto Co. Inc.71 words
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Page 11 Advertisements
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Advertisement326 1979-06-30 11 fl Malaysian Tobacco Company Bhd. STATEMENT FOR HALF YEAR TO 31ST MARCH. 1979 Turnover (Gross) •Net Profit before Tax Estimated Taxation Estimated Profit after Tax *1979 figures have been audited. For most of the period under review, sales of the Company's products continued to increase resulting in higher turnover. However326 words
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Article, Illustration665 1979-06-30 12 RAHIM KASSIM - By RAHIM KASSIM THE joint communique of Asean foreign ministers meeting in Bali is expected to touch on developments in Indochina and the refugee problem although it is uncertain how strongly it will be worded. The general opinion is that it will be wateredAP photo. - 665 words
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Article134 1979-06-30 12 TEXTILE talks between Trade Department officials and a visiting Canadian trade delegation have come to a "satisfactory conclusion" although no agreement was signed. An official of the threemember Canadian team said both parties will have to consider proposals raised during the meetings which began on Monday.134 words
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Article867 1979-06-30 12 LONDON, Fri. Government bonds featured today, with initial gains of 3/4 point and the exhaustion of the Treasury 12 per cent 1984 medium tap, dealers said. At 3 p.m., the Financial Times index was up 3.7 points at 473.0. Short-dated loans, however, closed with lasses of up to867 words
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Article81 1979-06-30 12 AFP. SINGAPORE is interested in participating in development projects in Pahang in view of the vast potential in that state. This was stated in Kuantan yesterday by the visiting Singapore Senior Minister of State for Education, Dr Tony Tan. He said with the rapid development in theAFP. - 81 words
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Article290 1979-06-30 12 UPI, Reuter. CHINESE Premier Hua Guofeng called for a buildup of the army in the closing sessions of Parliament on Thursday as it considered vice premier candidates to beef up China's economic Cabinet. While calling for the army build-up, Mr Hua repeated his theme thatUPI,; Reuter. - 290 words
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Article86 1979-06-30 12 MALAYSIAN Finance Minister Razaleigh Hamzah will hold consultations with the representatives of 32 interest groups in preparation (or his 1979-80 budget. The Finance Minister has set aside four days, beginning Monday for the meetings. They will be held at the Finance Ministry. "The Finance Minister86 words
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319 1979-06-30 12 Reuter THE SEVEN major Industrial aattoos yesterday uiMUMd a plan I* eat their *11 Imparts to avert a looming energy crisis, ud they condemned the oil exporting eaaatrles far their latest price rise. At the end of their twoday summit la Tokyo,Reuter - 319 words
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390 1979-06-30 12 GOH ENG KEE - By GOH ENG KEE SINGAPORE'S petrol stations may be closed on Sundays in line with the general drive to reduce energy consumption and to cope with rising labour costs. Alternatively, petrol dealers, oil companies and the authorities are considering closing the stations earlier every390 words
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281 1979-06-30 12 APPLICATIONS for restricted passports should be made at the Immigrantion Department's office nearest to the applicant's place of residence as from July 1, the Malaysian director-general of Immigration, Mr Mohamed Amir Haji Yaakob, said in Kuala Lumpur this week. This ruling is an extension of281 words
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288 1979-06-30 12 A TOTAL of 3,079 applicants, out of a total of 6,856, received shares of Hwa Hong Manufacturing in its public offer of 5.04 million shares. Out of a total of 6,296 applicants for lots of 1,000 shares, 2,518 or two out of five288 words
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Page 12 Advertisements
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Advertisement319 1979-06-30 12 Mark your diary X tL and make sure you have no other appointments for OCTOBER 11 12 On these two days Singapore will have its first ever conference on trading with China, the newest and arguably the most crucial and potentially lucrative factor in the equation that will condition the319 words
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Page 12 Miscellaneous
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Miscellaneous62 1979-06-30 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Isolated showers in early morning. Report f* 24 hears prior to 7J p.m. an Jane 29 at the airport. Maximum temperature 32.4 Associated humidity 70 Minimum temperature 26.7 Associated humidity 93 Hours of sunshine 7.75 Rainfall in millimetres 0.3 Total62 words
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LEISURE TIMES
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Article, Illustration1434 1979-06-30 13 TERESA LIM - GENTLE BREEZES ON THE ISLAND OF PROSPERO DESTINATION By TERESA LIM CORFU, or Kerkyra, is the magic island in Shakespeare's Tempest. But admirers of the island date back even further it is also the fabulous spot where Homer describes the meeting of Ulysses and Nausicaa.1,434 words
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Article751 1979-06-30 13 RONALD KOW - By RONALD KOW COME ON, all yon great www (u*tica. There are 22 lovely wamea aat there In the field. Elevea of them are year very awa Singapore girls pUylag their hearts aat far yaa. What's mare, since it is gaais yaa are always sa hangry751 words
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Article, Illustration1028 1979-06-30 14 COILKCTIWfI with COLM CUBE CHINESE mythology is etched in the legend of the Eight Immortals, the fairies of Taoist folklore. They are seven men and a woman from eight different periods of Chinese history who have endeared themselves to the hearts of the ancient Chinese(By courtesy of Kwok Gallery). - 1,028 words
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Article, Illustration125 1979-06-30 14 BEFORE read m, take a at the yaaag bay pMtag here with Us ■later la 18W aad see If yes can reeagatse aa lateraatleaai peraaaallty la his yaath. If yaa were right, yaall be glad ta kaaw that the warM this year celebrates the IMth aaalversary125 words
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Article, Illustration845 1979-06-30 14 FRANCIS CHIN - By FRANCIS CHIN PEOPLE like to surround themselves with objects that reflect their tastes and sentiment. These things can be rare and expensive like old china and paintings, or simple and familiar like a name-carved pen or an unusual ash tray. They don't have to serve845 words
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Article, Illustration828 1979-06-30 14 HARLAN KENNEDY - By HARLAN KENNEDY THE CHURCH steeple of St Germain des Pres looks down on a goat climbing a step-ladder. And the goat looks nervously down at its owner, who is coaxing it to the top where the animal will hopefully pick up a bell in828 words
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PROPERTY
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Article, Illustration707 1979-06-30 15 TSANG SAU YIN - The luxury of large living rooms, terraces and balconies is much sought after in Singapore. Though priced between $700,000 to $800,000, White House Park receives satisfactory response. TSANG SAU YIN gives more details on this exclusive residential project developed by UOL. TSANG707 words
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Article, Illustration275 1979-06-30 15 TEO TECK WENG - By TEO TECK WENG A 21-YEAR OLD villa sitting atop same lI,MI square feet of elevated laad la Kiwlni Tong, Hongkong, has been offered far sale here. It is known that the Kient owner is asking 4 million (or HK$5.5 million) for the property which includes275 words
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Article, Illustration627 1979-06-30 16 HSUNG BEE HWA - By HSUNG BEE HWA FASHION can be a very lucrative hmrtnees, u Frank Benjamin wiß tell you. Twenty years ago, he started a company with a very small capital. Today, lie is the proud owner of two fashion houses, one al the Hyatt and the other at Plaza627 words
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Article568 1979-06-30 16 MARGARET THOMAS - FILMS By MARGARET THOMAS THE DANGER in spreading your effort over too wide an area is that the result tends to be rather watered down. There's a bit of your touch all over the place but not enough in one spot to really stand out. And this is568 words
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Article, Illustration166 1979-06-30 16 IF YOU think Australia conjures op mthiag more than Waltzing Matilda and bushwags in the outback, then yoo are quite oot of tooch with the times. Take a look at Tim, a poignant film based on Colleen McCullough's novel a boot four handsome hot retarded men and feel166 words
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Article664 1979-06-30 16 WEEKEVD 60VRHET EVERYONE has a favourite piece of music, song, painting, wine or fish I am no exception and everytime I go back to "Doulce France" as our medieval poets used to call my country I make sure one of my favourite meals is prepared. It664 words
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Article, Illustration398 1979-06-30 16 THAMU VEERAPPAN - SHOW BUSINESS By THAMU VEERAPPAN MELODY is back with a vengeance, Frankie Vaughan once said. It's what he didn't say that showed up like a shining star at the Hiltcn Grand Ballroom on Thursday night. He didn't say it because there was no need to.398 words
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Article, Illustration272 1979-06-30 16 FRANCIS CHIN - By FRANCIS CHIN IT WAS action, action, action all the way as the Bubbles made their debut in Singapore this week. Three pretty English girls Francesca, Lindsay and Debbie belt out your money's worth in a fast-moving pot-pourri of songs, dances and rock. Performing nightly at the272 words
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Page 13 Advertisements
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Advertisement44 1979-06-30 13 Kodak is... FILM CAMERAS PROCESSING PROJECTORS CHEMICALS PHOTOGRAPHIC PAPERS PHOTOGRAPHIC ACCESSORIES Mt (Stngapora) Pt». UHHd 305 Aieiardra Road Singapce 3 Tel *****1 Tale of Eight Immortals...Page n Left-Bank Mountebanks n Spacious White Honse Park in Simon's mixed-up doubles IV Gucci comes to town JV44 words
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Advertisement318 1979-06-30 13 Ps i Kodak also is... MICROFILM GRAPHIC ARTS MOTION PICTURE FILM BUSINESS SYSTEM EQUIPMENT AUDIO VISUAL EQUIPMENT Ko«ak (Staeapora) Ptr UmNad 305 Aie«»nara Road Singapore 3 Tel *****1 from Penguins K m* c Xi kv m N U !es yuh of the ec f Kr in Dear Me: Peter Ustinov318 words
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Page 13 Miscellaneous
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Miscellaneous1042 1979-06-30 13 WHAT WHERE CONCERT THE Ministry of Culture will present its first of three concerts this month in its "Music for Everyone" series with the Two-Piano Recital of French Music by Cheung Man Chit and Ling Ai Ee tomorrow at spm at the Singapore Conference Hall. The programme will include Pavane1,042 words
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Page 14 Advertisements
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Advertisement311 1979-06-30 14 'Probably the best espionage novel ever written.' Richard H Growald, UP! 'A major literary event... a marvellous tale of spies and intrigue spun with intricate skill by a master story-teller. A must.' PLAYBOY 'As fine a novel as he has ever written concise, ironic, acutely observant of contemporary life, funny,311 words
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Page 15 Advertisements
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Advertisement204 1979-06-30 15 What's better than telling other businessmen about your services? SeHjng other businessmen your services. -s 7 S ?N\ r 4 V m mm I In the Buku Merah's new pink pages, classifieds business section. The Buku Merah now offers you all the space you want to give full prominence to204 words
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Advertisement136 1979-06-30 15 RIDGEUJOOD the Most I diked About Condominium in Singapore Now Booking! Spectacular 3-4 Bedroom Apartments. Superior Finish. Built-in Cupboards. Kitchen with ceramic tiles, cooker hood, washer and dryer. Sales Prices from $196,000 FACILITIES 6 Parklike hectares A superlative Recreational Area, complete with 2 Pools, 2 Tennis Courts, Badminton, Basketball, Squash,136 words
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Advertisement106 1979-06-30 15 ON OFFER JONES LANG iM w i r A If you have real estate to develop r.AT We offer you practical professional advice on market trends and development opportunities I arr a If you're tired of waiting for a tenant MAKE A r»\ *****4 ***** We can show you ways106 words
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Page 16 Advertisements
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Advertisement281 1979-06-30 16 Mathematics and Statistics in Penguins Mathematical Carnival: Martin Gardner A piece of solid iron in the form of a doughnut is heated. Will the diameter pf its hole get larger or smaller? Just one of the maddening but uniquely entertaining puzzles that make up Martin Gardner's latest collection. The range281 words
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