The Business Times, 25 June 1982

Total Pages: 26
1 26 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 93/1/82 FRIDAY, JUNE 25,1582 60 CENTS
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  • 351 1  -  By WONG SOUK YEE THE Nanyang Technological Institute is offering Singapoieans about 10 scholarships a year for the next four or five years for overseas studies leading to higher degrees in engineering. This is one of the incentives under an academic
    351 words
  • 237 1 THE holding company formed for the merger of Sin Chew Jit Poh and Nanyang Siang Pau has been named Singapore News and Publications Ltd. An explanatory document containing details of the new company and the merger is expected to be released soon. Meanwhile, in
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  • 578 1  -  By RICHARD SEAH THE Japanese economy will soon face "serious problems" which cannot be solved because of deeprooted cultural causes. Mr Hiroshi Takeuchi, chief economist of the Long-Term Credit Bank of Japan, said these problems include a drop in workers' motivation and a
    578 words
  • 150 1 LOAN syndications may become one of the major growth areas for Hong Leong Finance in future. The company has become active in this line of lending only recently, but according to Mr Kwek Leng Beng, managing director of the Hong Leong Finance group, it
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  • 379 1  -  By JUNE LIM THE National Trades Union Congress has called on all its members and workers to boycott Australian goods for one month. This is "to demonstrate to Australian workers the damage protectionist actions can inflict on workers," Mr Lim Chee Onn,
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  • 164 1 AFP EMOTIONS ran high in Japan yesterday, two days after news of an industrial espionage scandal involving two major Japanese computer firms in the US first hit the headlines. Industrial circles have expressed disbelief and there is already talk in Tokyo of a trap laid by
    AFP  -  164 words
  • BRIEFLY...
    • 108 1 UPI LONDON, Thurs. The US dollar dipped slightly as European money exchanges opened today and gold prices rose. Gold opened in London at US$3l2 an ounce, jumping up from $302 at the close on Wednesday. In Zurich, gold opened at $308.50, up from $303.50 because of speculative
      UPI  -  108 words
    • 97 1 Reuter LONDON, Thurs. London may be entirely without rail services from Monday for the first time since the general strike of 1926 as a shutdown of the city's subway system seems likely to coincide with a national rail strike. The underground railway network was virtually at
      Reuter  -  97 words
    • 89 1 Reuter BRUSSELS, Thurs. EEC leaders will be told at a summit meeting next week that community economies should emerge decisively from recession next year and register growth of about 2.6 per cent. A cautiously optimistic EEC commission report to the summit also predicts inflation in the community will
      Reuter  -  89 words
    • 76 1 Reuter BONN, Thurs. West German Chancellor Helmut Schmidt, criticising US moves to widen export curbs affecting a major Soviet-West European pipeline deal, gave a warning today that trade confrontation with Moscow could lead to a new cold war. Mr Schmidt told the Bundestag (Lower House) in Bonn
      Reuter  -  76 words
    • 79 1 UPI SEOUL, Thurs. The South Korean economy has reversed an eight-month downturn and shows signs of recovery for the first time since mid-1981, the government's Economic Planning Board said today. EPB minister Kim Joon-Sung said the nation's economy stopped a downward trend in March and has grown slightly
      UPI  -  79 words
    • 73 1 UPI NEW YORK, Thurs. US business failures soared for the second consecutive week, bringing the total so far in 1962 to 10,978, the highest level since America's Great Depression of the *****. Dun and Bradstreet said failures for the week ended June 18 climbed to 548 from
      UPI  -  73 words
  • 330 1 SINGAPORE is ideally placed to be the regional leasing centre of Asean and this position will be enhanced If leasing is considered an Asian carrency unit activity, subject to only 19 per cent tax. Mr Michael Ivhovlc, the managing director of Armco
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  • 479 1  -  By SIOW LI SEN TAN CHONG Sons Motor Co (S), the sole distributor of Nissan/Datsun vehicles, has received a writ of summons from its former dealer Chung Shan Motors Pte Ltd. The writ of summons, which claims damages for alleged defamatory statements made
    479 words
  • Page 1 Advertisements
    • 219 1 TilTO fci 10 l! WlO Times Bookshops SINGAPORE'S tax laws provide absolutely no guidance on leveraged leasing Page 2 BEECHAM Pharmaceuticals is to embark on a $25 million expansion programme in the next two years Page 3 THE Reagan Administration has said that any foreign company violating its embargo on
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    • 82 1 See page I 1 > 4 s n: r Si ■S of Laßondeat the Hotel Malaysia thinks highly of a Diners Club member At dinner, prime beef on the trolley, fillet or sirloin. Take your choice of weight and cut, and have it grilled and garnished to perfection. The delectable
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    • 6 1 Editorial... page 8 See page 4
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    • 48 1 Minolta copy quality. With reduction. d kV V PAMIR PIMS PIREE Sole Agent: S.G. PflrTCtt Son (Pt©) Ltd. Singapore Authorised Dealers: ~j i Bally Boutique, Holiday Inn. Scotts Rd., C E Building, Orchard Rd. Isetan Havelock, Havelock/Outram Rd. Isetan Orchard bat Towers, Orchard. RoWnaon, Specialist's Centre. Orchard Rd
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  • BANKING AND FINANCE
    • 411 2  -  By BERNADETTE CHOOI SINGAPORE'S tax laws provide absolutely no guidance on leveraged leasing. This was pointed out yesterday by Mr Graham Clark, a senior tax principal of Ernst and Whinney. He added that interested parties will have to "proceed with caution, if indeed they are
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    • 272 2 Reuter JAPAN'S expected entry into the lucrative offshore banking business will have only a marginal effect on Singapore where the Asian dollar market is expected to hit the US$lOO billion mark next month, banking sources in Singapore said yesterday. Japan would be a tough competitor,
      Reuter  -  272 words
    • 134 2 Reuter THE Bank of Korea's new regulations for the call or interbank market went into force on Wednesday and bankers said overnight rates quickly reached the 18 per cent maximum level. Maximum rates had ranged from 10 to 12 per cent but under the new
      Reuter  -  134 words
    • 509 2 TRADING was quiet and featureless at the local foreign exchange market yesterday. The US dollar closed slightly higher against major currencies except the local dollar. Dealers said that the dollar's strength in closing was due to a technical adjustment after the dollar's previous day's fall in New York.
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    • 163 2 THE dollar for overnight delivery closed slightly firmer yesterday at 253.75 yen from the 253.50 opening, with the Bank of Japan again stepping into the market to defend the yen. This was also slightly above the 253.50 70 finish in New York overnight, but sharply lower than the 256.15
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    • 22 2 THE average rale at which major Singapore banks are currently prepared to lend to their best customers is 11.06 per cent.
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    • 195 2 ASIAN ASIAN currency deposit interbank rates as at close on June 24: l'S Dollar*(Spot) Offer Bid 7 days 14 15/1614 13/16 1 month 154 154 2 months 15 13/16 1511/16 3 months 164 16 6 months 164 164 9 months 164 16 12 months 164 16 Da*. S w.Fr* i
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    • 47 2 RANGE of prices offered by < count houses on June 24: Overnight: M Call deposits: V* doling Buying Selling 3-month Treasury bills 4 3 7 3-month Bank bills 9 5/16 9 3/16 3 months CD 9H 9 6 months CD 9 1 9 Source: National Discount Co
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    • 62 2 Opening quotes yesterday were: US 1.7350 GO Can 2.2169 210 Cross 1.2785 90 D Mk —4 2650 700 D F1 4.6975 7025 S FY 3.6225 75 B FY Con 81.26 39 F FY 11.7925 8400 Lit 2402.25 2405.50 Yen 439.35 440.12 D Kr 14.7250 400 NKr- 10.8625 725 S
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    • 320 2 GOLD futures in Singapore yesterday closed sharply higher in moderately active trading reflecting the metal's firmness in overseas markets. Opening prices were marked up between US$B and $9.50 an ounce following the metal's strong recovery in New York overnight and then rose further in subsequent trading on shortcovering interest.
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    • 37 2 Wed Ties New York 521B 5 02B 5.28S 5.07S Zurich 5.L3B 5.02B 5.23S 5.12S Tfcare Wed Singapore 518B 5.00B 5 28S 5 10S Closing prices in US dollars a troy ounce Source: Credit Suisse, S'pore
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    • 203 2 THE US dollar yesterday ruled mixed against major currencies in quiet, late trading ahead of the long weekend, dealers said. The US unit advanced to 2.4580 90 marks against 2.4573/83 earlier and New York's overnight close of 2.4535 60, but edged down to 253.60 70 yen from 253.80 96
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  • Page 2 Advertisements
    • 376 2 FINE CHINESE ANTIQUES WORKS OF ART KWOK GALLERY Pie Ltd. 101-103, First Floor, Far East Shopping Centre, Orchard Road. Tel: *****16/*****42 THREE GENERATIONS OF EXPERIENCE SINCE 1918 QBE QBE INSURANCE (INTERNATIONAL) LIMITED invites applications for BRUNEI BRANCH MANAGER This position reports to the Manager for Singapore. Accountabilities include: increasing and
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  • TRADE AND INDUSTRY
    • 295 3 FEWER ACCIDENTS occurred in the metal working industry last year but there was an increase in the number of serious cases resulting in amputation. Workers in the local metal working industry will pay special attention to work safety during a safety
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    • 301 3 THERE is now a growing demand for micrographic equipment in Singapore and the market is expected to grow quite substantially in the next few years as businesses here try to improve office productivity. Mr Nicholas Tang, the group sales and marketing manager of business products
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    • 73 3 MR DONALD MeCaaeh has been made one of two executive vice-presidents (international) of Manufacturers Hanover Trust Company (MHT), with special responsibility for Asia and Latin America. With Mr D*nglas Ehert, who also becomes an executive vice-president, they take over from Mr Dwight Allen, executive vice-presi-dent, who retires
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    • 418 3  -  By CHAN OI CHEE BEECH AMPharmaceutlcals, the local manufacturing arm of the UK-based group, is to embark on a $25 million expansion programme in the next two years. This expansion, which is the third since production started 10 years ago in Jurong, consists
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    • 390 3 SINGAPORE must learn how to use computer and information technology productively in order to evolve into a software centre. It is also important for the Republic to adopt an open approach and be more receptive to ideas from advanced countries in the use and management
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    • 120 3 THE Canadian International Development Agency (Cida) has released the first two Industrial Cooperation Opportunities books in its Asean series. These two are based on Singapore and Thailand. Books on the other three Asean countries will be released soon. The industrial reports on the
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    • 227 3 CANADA will be one of the two countries putting up a national stand at the Singapore International Fair '82 to be held at the World Trade Centre from Oct 18 to 24. Mr Maurice Hladik, director of the Canadian International Development
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  • Page 3 Advertisements
    • 51 3 At the Sea-Food-Theatre Our special introductory menu suggestion to help keep the hinch hour an hour. (juc/c in /esna/i juztice r /te/zmed .9rnfio#tec( J //Ai/e Jria/i/ie# Ifiniut Jce only $25 per person Sea-Jbocf-SFfieatre SINGAPORE MERLIN MERLIN PLAZA RESERVATIONS TEL *****83 The curtain rises on the most select cuisine of the
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    • 347 3 \"V in 1 -I 1 A i> ss ■m *A m E m m Are you fed up with the deceptive description of "furnished apartments? We have enlisted the eye of famous Thai interior designer, Dang Kongsak Yuktasevi, to create a series of beautiful living environments. Now you have the
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  • OVERSEAS
    • 578 4 NYT UPI THE Reagan Administration, headed towards a trade confrontation with Western Europe, has announced that any foreign company violating an embargo on American pipeline technology could be barred from doing business with the US. Lionel Olmer, Under Secretary of Commerce
      NYT; UPI  -  578 words
    • 114 4 NYT THE US Senate has given final approval to a conservative budget for fiscal 1983, ending a tumultuous, fivemonth congressional debate on national priorities but opening the debate on implementation of the budget. The party-line vote of 5445 on Wednesday was a victory for President Reagan
      NYT  -  114 words
    • 422 4 Reuter AUSTRALIAN Treasurer John Howard said the Australian economy had taken a marked turn for the worse. In his most pessimistic assessment so far of the state of Australia's economy, Howard told state premiers: "We have now slipped into a period of little or no
      Reuter  -  422 words
    • 277 4 Reuter US TRADE Representative William Brock has urged West Europe to avoid retaliatory trade action against the US and deals with the Soviet Union that help increase Soviet military power. Speaking in Brussels after meetings with senior EEC officials. Brock made it clear that the
      Reuter  -  277 words
    • 419 4 Agencies JAPAN'S largest electronics firm, Hitachi Ltd, yesterday admitted its employees purchased computer secrets developed by IBM in the US, in what the FBI has called possibly the largest industrial espionage case in history. The other Japanese firm implicated in the affair, Mitsubishi Electric
      Agencies  -  419 words
    • 245 4 OPEC oil ministers will meet in Vienna on July 9 to discuss whether to raise an output ceiling they imposed in March to defend prices against the worst of the recent oil glut. It is understood that the ministers would discuss whether to
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    • 233 4 NYT THE US Federal Communications Commission has approved the final rules for direct, satellite-to-home transmission, broadening considerably the scope of television broadcasting. It means that homes, by mounting a disc-like antenna on their rooftops, will be able to receive 30 or more TV
      NYT  -  233 words
    • 871 4 ARRIVALS Service Local Operator Number Time From PAA PA005 0025 JFK SFO HKG SLA SQ43 0800 DHA SLA SQLOI 0805 KUL TMA TL341 0830 BEY DXB MAS MH67L 0920 KUL MAS MH680 0955 KCH RBA BI421 1000 BWN MAS MH651 1030 KUL SLA SQ201 1030 HLP CPA
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    • 715 5 Agencies SYRIAN and Israeli forces were locked in battle in the mountains east of Beirut for the third successive day yesterday as Syrian forces unleashed a heavy artillery and rocket assault on Israeli army units in central Lebanon. An Israeli military spokesman said
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    • 287 5 UPI J PETER Grace of W R Grace and Co received a total of US$l.B million in compensation in 1981, making him last year's highestpaid US chief executive. In a survey of chief executive officer pay versus performance at the nation's large companies, Fortune magazine
      UPI  -  287 words
    • 239 5 Reuter FRANCE and Greece have vetoed EEC backing for a plan to raise the cost of trade credits to poorer nations. Diplomatic officials in Luxembourg on Wednesday said EEC finance ministers have deferred until June 30, a decision on a new and tougher package
      Reuter  -  239 words
    • 331 5 THE Malayslaa administrative, fhuetol aad business serve centre, Kaala Lampar, is faelag aa office spaee cranch, which hat seat rentals skyrocketing twa-falds since the tara af the decade. Real estate and property agents wha had aa easy time ebtalaiag sfflce spaee
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    • WORLD IN BRIEF
      • 436 5 JAPAN'S economic measures introduced on May 1 against Argentina over the Falkiands invasion were automatically terminated when the EEC moved recently to lift sanctions it had applied, a foreign ministry spokesman said. Under the measures, new official export credits to Argentina were stopped and the government asked
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  • Page 4 Advertisements
    • 244 4 You wanted superior copy reproduction So we combined the Minolta MicroTonmg System (a breakthrough in copier developing technology) and the Minolta Automatic Image Density Control (AIDC) system in the new EPS3OR for unequalled imaging, copy reproduction and consistency marked by the very best halftones you ve ever seen from a
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    • 187 4 GOOD READING MATTERS AT PJ3 *£'Times Bookshops Times Orchard Centre Kobinv>n\ Julm LiMli LUCKY PLAZA •SPECIALIS'S CFN'HF tflW M 105 Orchard Road Orc»»'d P>.ad T«l '312:/. I Singapore 0923 CLIFFORD CfNTWf Te) *****71 *****18 Raf(l« Pi»t»9263' Editorial...page g *"-sv Soft on th green. "V ■A 1 WM jm A .itf!
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  • Page 5 Advertisements
    • 519 5 FLY AEROFLOT THE FAST AND ECONOMICAL WAY TO EUROPE Going to Europe for business and time is running short? Yes. when you are on business and every minute counts, you can rely on us Aeroflot operates three flights weekly from Singapore to Europe on Mondays. Wednesdays and Fridays via Moscow.
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  • 1035 6  -  The renegade Republican who ran for President as an independent in 1980 plans to found a new political party to challenge the two-party system that he says is ignoring America By DAVID SHRIBMAN NYT THE office is just upstairs, past the living
    NYT  -  1,035 words
  • 1121 6  -  By SUSAN RASKY Reuter THE Reagan Administration, increasingly fearful that high US interest rates will choke off economic recovery, is renewing its intermittent battle with the US Federal Reserve Board over the conduct of monetary policy. Treasury Department officials say they have undertaken a
    Reuter  -  1,121 words
  • Page 6 Advertisements
    • 191 6 I Omega irjw c Lubricarit with (JSSII in Sin ss 53 a ti I m i k9 t 4 k -MjiiftUlf m 8 I UI W9IIJ r-«: s*£" 4 Nf SjS i V 77?e ideal paraffimc lubricant for all kinds of machineries transportation vehicles, factories, ships, high speed lifts, aviation,
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  • Page 7 Advertisements
    • 1815 7 The Hongkong and Shanghai Banking Corporation Incorporated in Hong Kong with limited liability Consolidated Balance Sheet at 31 December 1981 1980 HKSm 10,326 2,658 12,984 7,374 216,117 524 788 5,166 HK5242.953 Share Capital Share Premium Account Reserve Fond Retained profits Minority interests in subsidiaries Liabilities Hong Kong currency notes in
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  • 367 8 ITS REALLY rather ludicrous. The ship Pacific Viking has been held up for two weeks in Sydney by the communist Seamen's Union of Australia because the ship doesn't have enough toilet roll holders and dart boards. SUA has demanded a ransom of almost $200,000 worth
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  • 327 8 OPEC OIL producers have a thorny problem to tackle when they meet in Vienna next month. There is some pressure and some justification for an increase in Opec's output ceiling, presently 17.5 million barrels a day, given the general firming of prices in the past few
    327 words
  • 770 8  -  Attempt to balance the interests of light and heavy industry By COLINA MACDOUGALL FT CHINA'S economy looks healthier and more settled than it has for a long time as it pulls out of a nosedive caused by deliberate retrenchment last year. Provided the weather is kind
    FT  -  770 words
  • Page 8 Advertisements
    • 42 8 There arel,sB7,l9omen in Singapore. This year Mr Chow Tien Sun will only be able to manage suits for 131 of you. 1/- to u" MasterTaior CHOSEN CO PTE LTD Now at Ikngs new store.le!ephone733ls4o. Also at 24 Coleman Street, Singapore. Telephone *****31/*****59.
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  • Page 8 Miscellaneous
    • 662 8 -non crossword CRYPTIC PUZZLE ACROSS 1 White ones may come to our shores, possibly (6) 7 Fieldsman in a dim (5, 3) 8 Igo to the bar for port (4) 10 Youthful Dickensian figure in a new role (6) 11 Unit of current significance 14 Was he wasted? (3) 16
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    • 908 8 TtfRWWDin How 450 bars of Russian gold were recovered THE story at tow 458 km «f Ifiwlw gald were racavered to toe British eralser HMS Edtoborgh la uveUed to OeU trm the Deep (Ck I,1M). Before toe ship set sail, i mysterieu nrgi was lifted •n to toe leek sad
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  • 1286 9  -  LEE YOKE MENG talks to the managing director of Hong Leong Finance and finds out what makes his company one of the strongest forces on the Singapore finance company scene LEE YOKE MENG WHAT would you do when your request for a banking licence has yet
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  • 623 9  -  By PHILIP STEPHENS Reuter ON THE brink of a trade war over steel, Western Europe and the United States are apparently rushing headlong into a similar dispute over agriculture. A trans-Atlantic row over the cash subsidies the European Economic Community (EEC) hands out to sell
    Reuter  -  623 words
  • Page 9 Advertisements
    • 884 9 ASIA BUHJNNG SOCIETY LIMITED AIO ITS SUBSDAFES (Incorporated in the Republic of Srtgoport) THE GROUP SHARE CAPITAL STATUTORY RESERVE UNAPPROPRIATED PROFIT TOTAL SHARE CAPITAL AND RESERVES LONG-TERM LIABILITIES Deposits maturing after 12 months CURRENT LIABILITIES Deposits maturing within 12 months Amount owing to subsidiary company Trade creditors Other creditors and
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  • RAW MATERIALS
    • 186 10 WHEAT futures in Chicago on Wednesday closed on an uncertain note, down IV* to (our US-cents a bushel in moderately light trade. Weakness in financial instruments and a larger-than-expected stocks report pressured futures from the opening, traders said. However, prices rallied from the,lows late in sympathy with a recovery
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    • 230 10 SOYBEAN futures in Chicago on Wednesday recovered from early lows to close on a firm note, ranging from down Vt US-cent in July to up four in new crop, w?th November posting a 10-cent range. Rumours of a possible increase in the prime rate and a glut in soybean
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    • 872 10 COFFEE: Robusta coffee futures were slightly steadier at midday, between £6 and £2 a tonne above Wednesday's close in the actively-traded positions. Dealers said prices eased slightly from early levels on a lack of incentive to follow New York's steadier tone. Few traders took up fresh positions, the
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    • 324 10 SINGAPORE: Yesterdays closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent 1 first class (Kangaroo) new crop 1.10, 100 per cent second 1 class 0.90, 100 per cent third class 0.82, 25 per cent new crop no stock, B-10 per cent 0.81. I THAI BROKEN: A-super
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    • 368 11 RUBBER prices in Singapore yesterday closed slightly higher with July One RSS buyers quoted at 182.50 cents a kilo, up half a cent from Wednesday's close, dealers said. Morning prices were marked up initially on higher London advices before turning idle on lack of follow-through support, they said. Afternoon
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    • 312 11 RAS prices in cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 181.00 182.00N Int. 1 RS.S. July 182.50 183.00 Int. 1 R.S.S. August 183.50 184.00 Int. 2 R S.S. 172.00 174.0QN UK/Cont 171.00 173.00N Int. 3 R.S.S. 162.50 164.50N UK/Cont 161.50 163.50N
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    • 92 11 NOON SSRu id SMR pncsa yesterday RA8 SSR 20 SSR SO (1 too pallet) (1-too pallet) jaly (Carraat Mth) Bayer* Sellers 181.00 162.00N 158.SO 159 SON Aiptt Mmrf Mtfc) Bayers Sellers 162.00 163 00N 150.50 160.S0N MRELB Aifut SMRCV SMRL SMR 5 SMR CP SMR 10 SMR
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    • 173 11 CHINESE Prwtace Exchange, Hagapere, aeaa elsstog prices per !M kg yesterday. Ceconnt »U: Bulk fob $100.00 sellers, old drum (in second hand drum) fob $112.00 sellers, new drum fob $116.00 sellers. Cspra: Mixed (loose) $55.00 buyers. Pepper: Muntok white pepper fob Asta NLW $350.00 sellers, Sarawak white pepper
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    • 115 11 The Kuala Lumpur, crude palm oil market weakened on renewed short-selling in moderately active trading, dealers said. June in the central was traded at MsB2o a tonne, in July south and central fell $37.50 and $30 respectively to 1810 while north traded at 1817.50. In August south and
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    • 196 11 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cattea yam: China Blue Phoenix 20b 2,335; 32s 2,910, 40s 3,U0 (per bale of 400 lbs). Ptoee gee*: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 1211 11 NEW YORK STOCKS A LATE rally caused stock prices in New York on Wednesday to close sharply higher for the second day in a row as Wall Street turned enthusiastic over the progress Congress has made on a federal budget. The Dow Jones industrial average meandered in
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    • 72 11 THE STRAITS TIN price in Penang yesterday ruled at the ITA (leer level of M 529.15 a kilo for the eighth consecutive trading day, dealers said. The bnffer stock manager was still the main support to the market with little interest coming from other sectors. Turnover rose to
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    • 32 11 Rubber: June 24 Singapore: July: 182.50 cents (up 0.50 cent) Malaysia: July: 203.50 cents (up 0.75 cent) Tin: M 529.15 per kilo (unchanged) Official offering: 365 tonnes (up 31 tonnes)
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  • Page 10 Advertisements
    • 1243 10 J. P. Morgan Co. Incorporated Parent company' of Morgan Guaranty Trust Company of New York Consolidated statement of income 1981 Consolidated balance sheet December 31,1981 Interest income from: In millions except per share 4 190.4 Federal funds sold and sec urities purchased under agreements to resell investment securities C S
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    • 71 10 V X jr t Sote Agent: KOK HONG CO. PTE. LTD. 622 Scrirypxi Road. Smgapurr Tel: *****22 (S lines) T he smooth, sparkling taste of Tsingtao beer brightens up any happy occasion. A party, a cocktail reception or just a friendly gathering. Brewed from the mineral waters of Mount Laoshan
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  • Page 11 Advertisements
    • 1834 11 h'y *A FAR EAST FINANCE ORGANIZATION UDL (Incorporated in the Republic of Singapore) NOTES ON THE ACCOUNTS JIST DECEMBER IMI These notes form an Integral part o« and should be read in conjunction with the accompanying accounts. 1. PRINCIPAL ACTIVITIES The principal activity of the company is that relating to
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 245 12 JUNE 23 Frs CORBE1LLE Alr-Llqulde 456 -7 B S N Gervals Danone 1336 -16 CSF (Thomson Of) 135 -7 Cle Francalse des Petroles 135 1 CompMoX Financiers Compagnle Qenerale Credit Fonder De France 319 -3 Hachette < 1.1 brain r) 432 -9 Machines Bull 3180 Mlchelln (B) 835 -16
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      • 165 12 JUNE 23 Francs Actions Sulttet Alutultte Br. Alutultte Dm Brown Bovcrl Br. CI Da OelCT Br Clba Oelfy P C cite Oclc Credit SuUm Br Credit Suliw Ret Elektrowatt Br. Oeorfe FUcher Br Olobut Pc Hero Br Hoffman La Roche 1/10 Holderbank Br Inter food Br. Jelmoll Br Motor-Columbus
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      • 84 12 JUNE 23 Prs A FORWARD MARKET ft uf M6 J ArtMd 1110 ♦a Aftur 330 10 Brtictn ISO uneh Bni-Lamb 1X0 -4 Cock ZZH 146 >4 IWrf too 0 1040 B Etectrofcel 4100 -10 Ob-lnno-Bm BOB 30 Or* 1000 uncb Hobok 30 Pttro 4630 B Rjl Dutch 1000 -10
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      • 145 12 JUNE 23 Dm Aef-Tel«funken SIM a lit Lrbtn pA«ir Bay H T Wbcnk Btj Vbtnk HUB -u Blffr n&M -•.1 BBC BMW CUKUA Ch#OQ VtfV 200 SO -OJ Conu Oummi Dtlmicr-Bcni IM woe -11 OA -14 D((HM Drutache B»nk DrMdntr Bank IX Tamco Dycktrhoff ST A Enk* OUuw IKJD
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      • 177 12 JUNE 23 Fla ABN moo -2 Ahold 77 20 0.1 Akxo 23 70 02 AMEV 82.30 08 Amfas 77 10 01 Amrobnk 48 00 -02 Bergoas Berk H 24.10 -0.7 Bols 55 50 0i BorsumlJ 98 00 unch Burhm&nn 25 00 1J Caland 28 80 -03 Calve Delft *****
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      • 92 12 JUNE 23 Lire RuLnfl 107 2 Bel SlfOO •100 Ontnit Ord *710 10 Oond Aequa Roma ISO -4-5 Erldanta 10 n»t om 1046 Oenerali *****0 -MOO Oim MS0 MIS -SB -S InfM S3S0 Ilaicementi Ord ***** -1400 Ilal«a* IB OA Lepetu Ord ***** -100 Mediobanca MOO -1200 M llano
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    • 197 12 JUNE O C$ AMtiM 16H Alcan 23* •f Alfoms -H Bank Mont 1SH Bank Norm Scotia 21* Bell Tel 1ft* Beth Corp BP Can Ltd 25 Braacan painrk 1? mrt f ika t4k unch Lftuip MQ LUf Can Imp Bk HZ is* Canpac as* Canpac Inv Pf Carllnf OXeefe
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    • 283 12 JUNE 23 Rand INDUSTRIALS A Alpha Abercom 210 -23 AC And CI 800 -10 AMIC ins unch Bartow* eao unch 1300 5606 unch unch Currtt Finance its -S Dr Been Ind Edcon 1430B unch Edgars MOO Ertreadf Ted Vol* no unch rue" SOB Oardlan Otenanl Qratemn 720 >20 Hippo
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  • Page 12 Advertisements
    • 668 12 ;]__~_"?:>`=?!>,<^=;|@@%?|(}(=~ Where to wine, dine and entertain fjyjT: with the American Express Card SmpgofQ DAjjk Buffet Dintm Our buffet dinner special for those who love the perennial local favourites. Buffet from 6.30 pm 10.30 pm Satay Chicken Rice Mee Siam Xiabing Niangdoufu Singapore Roiak $10 per person plus lOH. service
      668 words
    • 68 12 1 The CiWtion ;,ipore's most f"elusive disco club. •i j 'is door*, to memOers of the publK Hprrt to 2am otghtly a Cochptt HvM Apnang ttox) S pof 0923 Tet *****1! '^=L *****59 Claiming garaeij restaurant Try our sumptuous delicacies from the Hunan Province. Renovated additional new car park now
      68 words

  • ASIAN STOCKS
    • 417 13 H( )NUKONG PRICKS yesterday closed steady in quiet trading. brokers said I The market opened higher in line with overnight Wall Sheet but gains were pared S around no<>n on lack of confidence and pi e- 1 long-weekend booksquaring, they added. The Hang Sens; index closed 5.07
      417 words
    • 548 13 I Hh strong tally on Wall Stieet and higher gold prices yesterday provided th* required impetus for they market to reverse its falls of the past week and stage a technical rally. A! Site close the AH Ordi naries index was 6.8 points up at $618.
      548 words
    • 459 13 SIIAHr. prices yesiemr»\ rlus'-'l slightly lower in thin trading, reversing the morn ins gains, with sentiment undermined by the computer spy case involving Hitachi and Mitsubishi Elec representatives in the US. dealei s said The market average shed 2.05 to close at 7,152 58 on volume
      459 words
    • 173 13 PRICKS yesterday dosed generally steady in fjuiet Hading, dealers said. The Book Club index rose 0 14 paint to 92. <>3 on turnover of 22.6 million baht and of the 24 traded issues. 13 were unchanged, nine rose and two fell. Siani Credit gained two to 5X 50 and
      173 words
  • COMPANY NEWS
    • 413 13 GADEK (M) Bhd, which has been experiencing lean spells for the past two years, expects better times ahead now that its replanting work is completed. In his annual review, Gadek's chairman Mr Ahmad Roose bin Haji Mohd Ali tells shareholders that they should be able
      413 words
    • 176 13 SOUTH Malaysia Industries (SMI), i SI per ceat saMdiary of Uea Hw ladastrtes, expects lower profits again this year. This was stated by SMl's chair man, Mr Tee Hap Pee, in his aaaaal statement to shareholders tor the year ended Dee SI, IMI. "As the
      176 words
    • 488 13 LIEN Hoe Industries, whose shares recently attracted much attention on the local stock markets, expects the current world recession to continue for some time and therefore is not optimistic about its prospects in the current year. Lien Hoe had earlier reported group
      488 words
    • 507 15 Dragon Phoenix anticipates an upturn in demand IN SPITE of the sluggish garments market, Dragon Phoenix is expanding its production facilities in anticipation of an upturn in demand for its products in the coming months. Chairman Raja Tan Sri Zainal bin Raja Suleiman says in his annual report that DA"
      507 words
    • 296 15 PRE-TAX profit at Jeram Kuantan (Malaya) for the year ended Dec 31, 1981 has plunged 62 per cent to M 5318,850 ($845,842 before) on a 31 per cent drop in gross income to $1.3 million ($1.89 million). The fall in earnings, however, was cushioned by
      296 words
    • 75 15 PROFESSOR Cham Tao Soon, president of the Nftnyang Teehatlogietl Institute, and dean of the Engineering Faculty (National University of Singapore), has been appointed to the board of Keppei Shipyard. His new appointment took effect from yesterday. Also appointed director of Keppei was Dr Bernard Tan, associate
      75 words
    • 328 15 UNITED Malayan Banking Corporation Bhd, the third largest bank in Malaysia, has reported a 64 per cent jump in group pre-tax profit from M 57.7 million to $12.6 million for the year ended June 30,1981. After accounting for profit attributable to minority shareholders
      328 words
    • 307 15 GANDA Holdings is obviously feeling the effects of the recession. The group's pretax profits for the six months to March 31 showed a hefty drop of some 80 per cent to only M 5310,700. This compares with a group pre-tax profit of $1,583 million earned in
      307 words
    • 142 15 THE Stock Exchange of Singapore has queried Malaysian Feedmills Ltd over its huge group operating loss of $6.63 million incurred in 1981. Although the company has given several reasons for the dismal results, the SES is asking for a more detailed explanation. The reasons given by the
      142 words
    • 356 15 Reuter JARDINE Matheson and Co Ltd is optimistic over China's view of the future of Hongkong and its economic development, chairman David K Newbigging said. "Our judgement, based on what has been said to us or to me personally by different Chinese with whom we
      Reuter  -  356 words
    • 1052 15  -  Market Talk... By DAVID CHOW HARRISONS Malaysian Plantations Bhd (HMP) could begin to look toward expanding its area either by purchasing locallyowned estates or by acquiring quoted plantation companies. The new company, which will be set up to take over the assets and share capital
      1,052 words
  • Page 13 Advertisements
    • 77 13 in® k BER?! ©M rag ca Rom the land of the. world's best C(w*se food comes the most pungent of Chinese ensures with a rarqeof femotmg varieties You H get to Taste shark s tin so ,r esft they never touch dry land eating novet way in repttca ot Hong
      77 words
    • 1195 13 125 th ANNIVERSARY CONTINENTAL ILLINOIS CORPORATION And Subsidiaries Including CONTINENTAL BANK 231 South La Salle Street, Chicago, Illinois ***** Continental Illinois Corporation, parent of Continental Bank, hat reported another year of record earnings. The 1981 performance was a fitting prelude to the 125 th anniversary of our founding, which we
      1,195 words

  • 1282 14 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. SECTION ONE INDUSTRIAL COMMERCIAL Aetna (3.10B) (2
    1,282 words
  • 191 14 SINGAPORE UNIT TRUST DIAMOND MOT S'PORE (MiMftn' prteea far Jaa (Maaagera' prteea far Jaae The Commerce 1.71 2 85xd Diamond The Savings Fund 154 1 62 S'pore Fd(USS) 0 56 060 S pore Prog Fund 1.22 128 SS 130 S pore Sec. Fund 1.87 1.96 (MayXtoday) S pore
    191 words
  • 2805 14 Gr*» Gr't Net 1982 Last Div Div Y'ld P/E Vol Day High Low Company Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 350 247 Acma 310cd 6 21.7 0.8 7.0 30.0 4 310 306 Alcom 115 3.7 0.5 3 2 95.8 233 172 Allied Choc
    2,805 words
  • 1477 14 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. INDtCTRIALS Acaa (3.388) (8) 3.38 (2) 3.40 A liittiiti 7 usn Aieaai
    1,477 words
  • 285 14 KRAMAT Tin Dredglag Berhad: Fifty-third AGM to be held at Wisma Bunga Raya, 152, Jalan Ampang, Kuala Lumpur on June 25 at 10.30 am. KINDONG Tan Jong Pan Company Berhad: Twentythird AGM to be held at 7th Floor, Komplek Kewangan, Jalan Raja Chulan, Kuala Lumpur on June 25
    285 words
  • 864 14 WHILE most stocks straggled to bald an to their early gains yesterday, recent speculative favoarites such as Lien Hoe, South Malaysia Industries, Malayan Cables and Hang Leong Industries came alive tace mare In an otherwise qiiet market. Chalking doable-digit galas, these stocks, joined by National
    864 words
  • 523 14 THE Kuala Lumpur stock market managed a fair performance yesterday following days of easier trading. Most sectors closed on higher grounds but the gains recorded were mostly marginal to moderate. Volumes dropped significantly. In industrials, most blue chips had gains of up to 16 cents
    523 words

  • Page 15 Advertisements
    • 95 15 m Litton MONROE SYSTEMS FOR BUSINESS MONROE *****0 Micro Computer, manufactured in New Jersey, U.S.A. by LITTON BUSINESS SYSTEMS INC., is an Advanced Occupational Micro Computer. Monroe Operating System includes facilities such as: 12 different multi-task operations ISAM up to 10 different access keys Clustering communication (host to host micro
      95 words
    • 740 15 PHILIPPINE NATIONAL BANK The Filipino International Bank OFFICIAL DEPOSITORY OF THE REPUBLIC OF THE PHILIPPINES Head Office: ESCOLTA, MANILA, PHILIPPINES Comparative Statement of Condition As of the Dates Indicated In Million Pesos RESOURCES December 31, 1981 December 31, 1980 Cash on Hand Checks and Other Cash Items Due from the
      740 words

  • 251 16 INTERNATIONAL Wood Products Ltd, currently the subject of takeover negotij ations, has turned in a remarkable recovery in profits for the year ended Feb 28. The company announced yesterday that its pre-tax profit for the year jumped to $1.65 million from $283,202 in 1961.
    251 words
  • LATEST
    • 55 16 has announced group pre-tax profits of MS2.M million tor the year ended Jan 31, 1182, on group turnover of $47.12 million. There were no comparative figures m this is the first year that group accounts are prepared. The parent company turned in pre-tax profits of $99,522 against
      55 words
    • 43 16 has reported group pre-tax profits of Msl.9 million for the six months ended March 31, 1982, on group turnover of $19.87 million. The parent company made pre-tax profits of $1.91 million on a turnover of $19.72 million.
      43 words
  • 882 16 LONDON, Thurs. The stock market closed mixed after a quiet session today, dealers said. At 3pm, the Financial Times index was 4.3 points off at 551.6. Equities were marked higher initially in response to the firmer trend on Wall Street but continued concern over industrial unrest pushed prices
    882 words
  • Chief Price Changes
    • 153 16 Rises Indices C Sugars Hong Leong Ind Nat Iron Lien Hoe Sth Msia Ind M Cables Spore Land Berjuntai Pegi Msia M U I Acma Pan-El 980 655 585 386 282 225 720 600 274 334 310 310 40 30 20 18 16 15 10 10 8 6 6
      153 words
    • Article, Illustration
      152 16 Rises Indices C Sugars 1120 70 June23 June24 Gadek 240 32 BT Index: *****6 *****9 S M Ind 306 18 Industrials: 845.40 848.73 Dun Ind 412 18 Finance: 1483.65 1488.47 Seacorp 660 15 Hotels: 607.54 607.67 H L Ind 705 15 Properties: 805.54 795.84 Lien Hoe 412 14
      152 words
    • 48 16 FINANCIAL TIMES INDUSTRIALS Wednesday 555.9 Tuesday 555.8 Week Ago 568.5 Thursday 1279.62 Wednesday 1274.55 Week Ago 1319.08 AUSTRALIAN INDUSTRIALS DOW JONES AVERAGE INDUSTRIALS Wednesday 813.17 Tuesday 799.66 Week Ago 796.90 Thursday 629.0 Wednesday 625.3 Week Ago 637.0 ALL ORDINARIES H.K.HANG SENG Wednesday 458.2 Week Ago 473.8
      48 words
  • 356 16  -  mmm Companies editor: Mano Sabnani By CHRIS LIM IN SPITE OF the downturn in the property and hotel industries, City Developments and related King's Hotel have turned in favourable first-half results in their current financial year. King's recorded a 173.2 per cent increase in its
    356 words
  • 147 16 NATIONAL Iron A Steel Mills Ltd has raised the authorised capital of its wholly owned subsidiary. Eastern Industries Pte Ltd, from $1 million to $20 million. The subsidiary, which operates a plant for rebar fabrication, last year made a pre-tax profit of $468,000 ($115,000 in 1980). Due to
    147 words
  • 84 16 PAN Malayan Holdings and its subsidiary, Tat Lee Finance, yesterday announced the appointment of Mr Goh Beng Hwa as assistant managing director. Mr Goh, 51, is a director of both companies and a senior manager with Tat Lee Bank. He will assume his new position on July
    84 words
  • 425 16  -  By ALAN LEE THE Multi-Purpose Holdings group is fielding two of its key personnel members to fill the two top posts in Magnum Corporation Bhd. MPHB, with a stake of 38.6 per cent, is the largest single shareholder of Magnum, a four-digit betting
    425 words
  • Page 16 Advertisements
    • 280 16 PtageT The world's most expensive watches The Polo: a water-resistant quartz Piaget. 132 grams of 18K gold carved link-by-link into the most dynamic sports watch ever made. Designed to accommodate the most diverse lifestyle. Shock-resistant. Water-resistant to thr?e atmospheres. You can go through the day and night never having to
      280 words
  • Page 16 Miscellaneous
    • 54 16 OUTLOOK for Singapore today: Fair and warm. Report for 24 hours prior to 7.31 pm on June 24 at the airport: Maximum temperature 32.5 Associated humidity 62 Minimum temperature 26.4 Associated humidity 87 Hours of sunshine 10.05 Rainfall in millimetres Nil Total rainfall for the month 62.7 Total rainy days
      54 words

  • SHIPPING TIMES
    • 274 17 THE PORT of Singapore Authority will take over all the functions and responsibilities of the Marine Department except matters relating to the recruitment and welfare of seamen when the two bodies are merged next year. The responsibility of overseeing the recruitment and
      274 words
    • 507 17  -  By JUNE LIM THE SINGAPORE-Poly-technic and the Port of Singapore Authority are looking into the possibility of installing a ship simulator for research and training purposes. The simulator is likely to be similar to the Cardiff Ship Simulator, known as Cassim. Cassim has one
      507 words
    • PORTSIDES
      • 58 17 Reuter THE Japan/Hongkong and the Japan/Straits Freight Conferences said they will cut the currency adjustment factor (CAF) to 18 per cent from 21.5 pee cent, effective July 1. Member lines of the Japan/Ceylon Freight Conference said they will adjust the CAF to minus 5.5 per cent from
        Reuter  -  58 words
      • 158 17 Reuter DOCKWORKERS throughout Nigeria began an indefinite strike on Wednesday over claims for better conditions, port officials said. It is the second time in less than a month that the dockworkers have gone on strike. Early this month they ended a six-day stoppage after the government
        Reuter  -  158 words
    • 771 17 Aefcipetefo 9n* vm 1 AIm vtn 1 AUtrmn* vn 4 *5* VI s Anhain, Abuts Shpg X X s 9 APCLlne DC 1 APL Argentine ASCL m IV m 4/9 4 1 ASLCoot A«4 a M vn 3 asia Hffrmni Atlas Linn VI X \f 4 2
      771 words
    • 406 18 VESSELS Open: Avondale 1,837 dwt on 14 ft draft Panama flag built 1957 2Ho Ha 6 by 5-ton derricks 92,000 bale vessel is open prompt in Singapore seeking cargo any direction (the vessel is also available for sale). 180x50x10 barge with 820bhp tug regular service to Sabah, Sarawak,
      406 words
    • 437 18 TIME is running out for the hard-pressed Italian shipping gorup Lauro Line, which is desperately seeking government help for its survival. The Italian government is carefully studying plans to rescue the company from its financial straits and one of the options currently
      437 words
    • 965 18 INTERNATIONAL shippers can now have a computer programme designed to track their freight along each step from a US plant or warehouse to overseas consignee, through the Harper, Robinson Co Inventory Tracking System. Founded in 1898, Harper Robinson is an ocean forwarder and custom house
      965 words
    • 1563 18 CHARTERING was generally quiet on Wednesday with further freight rate declines seen for grain bookings from the US Gulf. A 52,000 tonner with grain from the Gulf to Japan paid U5514.50, down $1 and a similar decline was seen from the US Gulf to Volos or Sauda, at
      1,563 words
    • 355 18 NYT THIRTY-TWO armed US Coast Guards and agents of the Federal Bureau of Investigation boarded and took control of a fully laden oil tanker on Tuesday to end a labour dispute that had kept the vessel anchored 17 miles east of the Delaware coast
      NYT  -  355 words
    • 324 19 THE continued expansion of South Korea's shipbuilding industry- poses a serious threat to the survival of some European shipyards, the Bremen-based Institute of Shipping Economies has warned. Even the strongly based Japanese shipbuilding industry faces a worrying challenge from South Korea. The institute said fliat although many
      324 words
    • 706 19 THE PHILIPPINE Shippers' Council (Shippercon) branded as "preposterous" the Philippine North American Conference's decision to institute another "revenue recovery programme" effective Sept I. Alfonso Villaverde, Shippercon's executive director, said PNAC's move is unjustifiable. He said PNAC's revenue recovery programme last November 1981 resulted
      706 words
    • 212 19 THE MAJOR shipping consortia operating between the Far East/Europe, Far East/ Persian Gulf, Straits ports' Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits
      212 words
    • 5284 24 SCHEDULE A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      5,284 words
    • 702 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Arrival for LCL Movement Ship Voy Date/Time Operator Cargo Schedule Location Zim Australia 14W 26.6.82 0300 Star Shpg 49 1200-1300 F3 Green Forward 119-17W 26.6.82 0200 G Asia 49 1100-1200 F3 Omex Pioneer 05/26B 26.6.82 1800
      702 words
    • 1869 25 The leading shipping lines operating from local ports and their agents. A-B Acklpeiega Shpg Singapore Shpg Agencies (S) Euro-Asia Line (PN KL PK) Adriatic (MUiirr Continental Feeders (S) Cargo Freight (PK) AFEA Singapore Shipping Agencies (S) Euro-Asia Line (PK PN). Ur*-Kiruli Liar Transgroup Pie Ltd (S).
      1,869 words
    • 443 26 Maritime Review THE US FEDERAL Marltime Commission has Is-* sued a final rule prescrib- ing the, form and manner," governing the establishment of pre-container and pertrailer rates. The rule (General Order 13, Amendment 11) allows a carrier to establish categories of containers and
      Maritime Review  -  443 words
    • 453 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Equator III 22 Thong Soon alongside 25.6.82/0700 Ivybank 46 Boustead alongside 25.6.82/1100 Kota Mawar 10/11 PIL alongside 25.6.82/1500 Murrayeverett 29/30 Everett alongside 25.6.82/0600 Rajah Brooke 20 SSPL alongside 25.6.82/1800 Straits Hope 21 SSPL alongside 25.6.82/1500 Oleander 19
      453 words
    • 287 26 Jue 21-25 Technical marine hull, Chartered Insurance Institute course. Salvage Association, London. Jue 27-Jnly 3 Practical aspects of chartering, Seatrade course, Jesus College, Cambridge. Jue 28-Jaly 1 Shipping Employment Law, Lloyd's of London Press seminar, The Tower Hotel, London. Jue 28-Jaly 2 Latin American Oil Show, El Poliedro,»
      287 words
    • 166 26 THE PORT of Amsterdam has appointed CF Sharp and Cbmpany (M) Pte Ltd, Singapore, as its representative 'far the Far East as fromfJtily 1, 1962. The appointment was announced by Dr ME van deputy managing director of the Pert Management of Amsterdam. It followed a series of
      166 words
  • Page 17 Advertisements
    • 416 17 r Companies' Activities, Key Personnel, Agencies The Straits Times DIRECTORY Of Singapore (Buku Merah) (177; A RDINI AMAH SAI I^A/q Orient Overseas Co*dcuMeA Line FULLY CONTMNERtSED SERVICE TO EUROPE (VIA S(JE2) •MERCATOR »N 28/6 KOIKM lACEJN 1M» 3/7 H. KONG CQNTUO 31N 10/7 I N BRSGE UN 17/7 C&VALBI PAU.
      416 words
    • 398 17 HSEALORDH UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF EXPRESS MULTI-PURPOSE SERVICES 22/7 Dubai 1/8), Abu Dhabi 3/8), I Dammam (5/8), Kuwait (7/8) 17/1 Kuwait (28/8). Dammam (31/8), Doha I (3/9), Bahrain (6/9), Abu Dhabi to (9/9), Dubai (12/9) 1 FULLY CONTAINERISED SERVICE Accepting LCL cargo for Dubai, Kuwait and
      398 words
    • 586 17 OSAL FREIGHT SERVICES Offer space inbound from Japan and to/from Brunei, Sabah, Sarawak. r /S£ MM MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: US. PACIFIC, GULF, ATLANTIC, EAST CANADA. ASIAN PORTS tttler Vwwl jPort Kelang Pentn| I Vessel I Singapore iLonKbearhlNew York I Ir-K.. J Feeder V—>| Port Kelang Penang
      586 words

  • Page 18 Advertisements
    • 768 18 ]l I FAR EAST/EUROPE CONTAINER SERVICE Container Service Feeder *P K tung Vessel 8. PtNAGA In Port B SURIA B. DAHLIA 2/7 NDtLFT B PI NASA 9/7 SELANOIA B DAHLIA 16/7 N D€ IIMA B PENAGA 23/J N CRYSTAL B DAHLIA 30/7 TOYAMA Ata® Acctpfng For 1) Barcelona. Genoa. 2)
      768 words
    • 224 18 SUPERCARRIER SERVICE Barber Hue Sea FROM: US GULF US ATLANTIC EAST CANADA *rt arrivals BARBER PRIAM 2/7/12 "BARBER TAIF" 17/7/12. "BARBER MENELAUS" 21/1/12 TO: PANAMA (Mm. Cnstotoal Panama Mr) —US ATLANTIC —US GULF —E. CANADA TO: CALIFORNIA VANCOUVER US PACIFIC COAST lakarta I 1 Anfeles Mw atC*4l« CMrtrl t«r I
      224 words

  • Page 19 Advertisements
    • 804 19 The Straits Steamship Group occ Overseas Containers Limited SERVICE TO UK/CONTINENT CONTAINERSHP SERVICE FROM UK/CONTINENT: torr> express lomaan Mr OSARABAY CAMKAMMY OTMDMMU tfuwi Bfefli Adam Le Hawe S'tofl n/t »/< 11/7 n/7 »/i 27/» n/t n/t n/7 27/1 29/1 30/t n/7 13/7 •3/7 B/7 K/7 M/ 7 19/7 11/7 12/7
      804 words
    • 304 19 <f fg Franco Belgian Services (F" Frf.ich Srrtxcf ;m th Ptlqxan Far F.<ts:>rr. I. i 0 r aCF COnsoßTiu» HMATA MMU orupocr MEHTERRAICA SU« CONTABEBSED 1 soiwce io ManaMHiw Spore P Kelang B'kma M seilles Genoa Trieste 3 July 4Mr 19 iuty ?1 July 73 My 78 July 7My 9My
      304 words

  • Page 20 Advertisements
    • 444 20 Hapag-Lloyd 10 COMINNI UK liwpoel lay Uy •>(**»! lata Eiprns KeaMoo Bay CH|» Ray tXPORTS Abo accepting transJepment cargo tor CAMBBEAN/VKST KMS «a Hamburg 10 ttMTERRAM» TW HK ?«/6 76/6 1/7 3/7 10 NORTH EUROPE MEDHERRAMt Genoa H'burg B'haten Mam Antwerp 29/7 27/7 nn 20/7 Beach Moid Eiprns 2/7 20/7
      444 words
    • 519 20 KUUt SMIMHt Cs**s** fit* CONVENTOIAL soma T«/Fr*» BUSAN STOK PU UTMt 177W/17K 2627 M» 2129 K6A 1748/17* 73 74 My 2V26 30 M« 1 Inly 27 28 My NEST/EAST COASTS FULLY CONTAMMED TO/FROM NORTH MOtCA SI MM MTC M 29/7 31/7 3/1 l/l 10/1 13/1 16/1 11/ l 71/1 77/1
      519 words
    • 445 20 0 EVERGREEN LINE FAR EAST EUROPE CONTAINER SERVICE ACCE7TWG Fa ft La CMGO FOR: SSPmSD MS FU ABA AMI U» UH 4/7 V 7 IV7 24/7 2V7 */7 1/1 2/1 14/7 V* 7/1 t/t 11/1 12/1 Imkt. 22/7 21/7 VI IV* 17/1 l»/l 21/1 22/1 alio teams ia/ra. s Fa/Fa
      445 words
    • 885 20 1 Everett Lines] V Burmt Five Star Shipping Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON S'pan PMmi Pm* NTMTMmM lt/1 M mm jt/t m WK 1/9 M HTOKTW IS/17 M B F SS C Aarntt m Malaysia BOUSTEAD SUPPING TEL NOS KL *****4/*****7—PKELANG *****1/8 PENANG Cempeme Arfwiwe De luveeecwn Iwwewwiefft*
      885 words
    • 195 20 SI NOSE MARITIME PTE LTD fQ SANKYO LINE JAPAN/STRAITS SERVICE sans MMHTM PTE LTD m 22*1144/7 I *****70 EAST ASM SVffß SON M TU 444(44/*****4 CAST ASM SWfME SON Ml Ttt 34-5732/3/7251 MALATSM TtAH TtAIBPORT ITO TU (71)3 t ***** KUALA LUMPUR PORT KELANC SUN UNION LINE SMGAPOK PJCELANG KMNK
      195 words

  • Page 21 Advertisements
    • 1094 21 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH, JEDDAH AQABA (Reefer Cntrs Acceptable) EAST AFMCA/REDSEA SERVICE KOTA MEWAH V.E-385 KOTA FAJAR V.E-353 KOTA WANGI V.E-389 Singapore Loading for: 10/13 July Mofflbni. Jaddah, Aqaba 20/23 July Mombasa, Hodeidah, Jaddah Port Sudan, Aqaba, Mukalla 25/30 July Mogadiscio, Jeddah, Pt Sudan. Aqaba Singapore
      1,094 words
    • 860 21 LPT*: BENUNE CONTAINERS EXPRESS COOT MO SERVICE TO/FRO* EUROPE T i»p far li/l 13/1 J/9 FrMtart [«rtn 11/1 28/8 9/9 1 N—n/bwp* dory Act 30/6 CH» o« £<knbu'fti 2V7 27/T" S«we Star 6/7 Tok® Eipress 2/1 4/8 FROM MWt H-BURG 8 HAVEN ROAM HAVRE SOTO* HGCIM) Austria Bcndui Franc* Al
      860 words
    • 623 21 ▼1 Scan Dutch 9 WEEKLY EXPRESS CONTAINER •DTUK/NC/SCAH SERVICE P Mm| rmwt S>*t l)irirtß?)t«Hi3))fk«|4)C'bw( B PMACA I MUAtISM 8 SUBA l«" 27/7 In Port f ACT SH ANSON SM e OMttt apigasus2B/6 *o«in 6/7 nn 26/7 27/7 29/7 s' PfIMCA •"WTTBOOS* »/> SI HO* 13/7 28/7 2/8 3/* M 9/7
      623 words
    • 566 21 BOUSTEAD SHIPPING AGENCIES EXPRESS DEPENDENT SERVICE TO UK/COWT SPORE R'DAM HULL HMBG IVYBANK In Pt 18 Jul 21 Jul 24 Jul FORTHBANK u 9 8 Sep 1] Sep 15 Sep CORABANK 22 Sep 18 Oct 21 Oct 25 Oct Lykes/^B Lines U.S. GULF MRECT SERVICE From Noia DOUY TURMAM SM
      566 words

  • Page 22 Advertisements
    • 1246 22 II */Kline KAWASAKI KISEN KAISHA, LTD. EXPRESS CONTAINER SERVICE FEEDER KSSfI STORE M EMERALD Vl3 26 fun PIONEER V 9 2 Jul CRO2EV29E 11 Jul I BMDGf V 7 12 M M EMERALD Vl4 23 Jul mot»o vessel tokto ittor* #TOHBEI MARU 13 Jul 8 Aug AUROEtE MARU 19 Jul
      1,246 words
    • 397 22 TTTTTi Tjm 9Esji JU. AVSTRALIA EXPRESS CMTAMR SERVICE PJUMI Ffm IMh AM Sy« ammo** r 5Mr C7Mr 71 m 23 Mr sm> Rm/F.» a- 25 Mr 2V77 31 Mr 2MI IMI Fw«/tm. NEW ZEAL AM) SERVICE ta| f Mmi Smmm 1 Mr »/l Ml JAPAN SERVICE Mm. mm M <*
      397 words
    • 422 22 KORINS MARITIME SERVICES Room 601 'CB Blj'id 'iq Way S noaporp Tpi 2? h12P a *****67 F KHanq Te l *****4 38'005 MIDOIi EAST/RED SEA/EUROPE SERVICES MONOID, z. Loadtag For Bandar Abfcas/B. Umbor Bandar Abbas/B. Khaman Mdah/Yanto/Hadoidaii taddak/DjftoMi/LataUa (fh undue Shipping Co. I id. /A ASIA MFRCHANT MARINF SEMI-CONTAINER SERVICE
      422 words
    • 511 22 INTRASEA (PTC) LTD BREfIKBULK SERVICE TO EUROPE/UK MMPOUSMI S'pn p hi Part MlN*|KMil bM JEDDAM/BOULOGIt/R'MM/ UK (IfOM) I My BOULOSNE/R'DAM/VR (avon)/mutes FULL CONTAINER SEHVTIc TO EUROPE7U* WATTKEUS m in. MMt/UMMt/lfMaH/ toetori/lettertoe/TMry/ Lt Hm Mm accapttal Crtww to BeM/Trt^aUto/Tarto«/Atoi«*ta/»aeMaJ Zl wworaow mranuii full com mo soma impM fo/lcl carjees la USA
      511 words

  • Page 23 Advertisements
    • 740 23 TO EUROPE/UK (VIA SUEZ): MERCATOR 26W+.... K JACEJM 15 N HK CONTAfO 31N.. TW BRDGE UN C PMJL 32* C RQZE 30W Also accepting cargo to/from Scandinavia MERCATOR S'pore Closing Times: FCL Cargo LCL Cargo FROM EUROPE (VIA SUEZ) A CONCORD 4E. C ROZE29E C PWJI 31E 0 CHEF 2SE.—
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    • 452 23 lALDIVE LINES LoiSm For 6BAN/Md«h/PT Sudan MAUMtCREST 25/6 LoaOwFor Mate MAUm AABASSAOOi 10/7 lm«mFw djmouti mum nmuoE 30/6 Loadmt For Madra/Cotombo MAUm IMMATOR M PO4 Loadmc For Dobi/Kuwot MALONE COURAOE In Port 27/6 Loadmc For KARACM/DUBAI/ KUWAIT MALM* PURL 21/6 Loading For Hodsidah MAUm STAR iat Sandakan) < POUT POUT
      452 words
    • 672 23 &SINSOV SINGAPORE SO VET SHTPMG CO PRIVATE LTD SMSOV BULOMG 55. Mart* HraK SMmirt 0104 TiMmm Numbers *****3 (15 Lim) Cable Address SMSOV SMGAPOK Tetei Numbers RS ***** RS ***** RS 2SIOS P. KQJMC M/S SNMKAT WW SOOP SDH M. IST MD 2ND FIOOK NO 1. lALAN CEMPCNMG. PORT KLANG.
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    • 89 23 SAMSHIP WOOD CARRIERS ram plywood service roiK/comcßT ■JVM M——» STOH LOMMC FO ELMN faM MM htart MNin/nt/Mn/ /UK (TUMtD/CitSMUMU IBM M/t J/7 »/7 sn uw/nm ujl (TUURT) AGENTS: S'POftE: CONFRE-ABIA PTE LTD 2907/2610 IMC SLOG BHE NTON WAY. SINGAPORE BOOKINGS TEL: *****44 AGENTS Ki.. OMENTAL SNIPPING CORP BOOKINGS TEL: *****8
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  • Page 24 Advertisements
    • 799 24 S S C Ciroup SINGAPORE SHIPPING CORPORATtON PTE. LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LiN c S) GENERAL 91 3111 122 LINES) TtIEX RS 2459S RS ***** A B CARSHIP CABLE CARGOSHIP Regional Container Lines 2 SAILINGS A WEEK to/from BANGKOK BERTHING EVERY NOON TUESDAYS, SATURDAY
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  • Page 25 Advertisements
    • 326 25 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG DIRECT LINER SERVICE TO EGYPT (PORT SUEZ PORT SAID ALEXANDRIA) snw n a*i ft sm> miim** MUU WOT 21 M* n 'M» II M» 14 Mf 19 PVRMHDS DOT 1 Will m, n Mr 7t Mr 31 SPMHX U HOT 23 Mr 77 A*
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    • 362 25 CARGO SPACE AVAILABLE ON LINER VESBELS LOADING FOR MADRAS, COLOMBO, CHITGG, CALCUTTA, R'GOON, KARACHI, BKK, MANILA, MUSCAT, DUBAI, DAMMAM, KUWAIT, DOHA, AOABA, ALEXANDRIA, MARSEILLES, R'DAM, ANTWERP, HAMBURG. ANGOLA, JAKARTA, SAMARANG, SURABAYA PLADJU, TARAKAN, UJG PANOANG, U.S. GULF, AUST, WHAMPOA, SHANGHAI, KUCHING MUARA INDOGULF FREIGHT SERVICES TEL: *****00, *****01 TELEX: RS
      362 words
    • 139 25 fTTTII Freight Management Pte Ltd j 3415. Mwrulwul PUxa, Amor M. S'poro 1217 Tofc *****11 (12 ton) T*i: US 2»» FITMIH REGULAR CONTAINER SERVICES FCL AND LCI TO: AUSTRALIA, NEW ZEALAND, UK/EUROPE, USA, CANADA, HONGKONG, TAIWAN OTHER PORTS/DESTINATIONS ON REQUEST LIAN HUAT SHIPPING CO, (PTE.) LTD. ■rmwroMi nut ujh floor,
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  • Page 26 Advertisements
    • 520 26 HAJ SHIPPING SDN. BHD. iSI (AiflN I(N(>ll BA[iAh I'OK! hii ANG Hi IHW/H MVbJ W%(i HIE* MA }%46 HAISHP l' M.tn.i A,).-nl l< )M( )H( SHIPPING SDN HMD I. I (H/!><'> <«•).'( )4 IKOHI 1 P lA v A Sf>?/4 1 > /b /H't ',/hh >' I A.j.'. S<«) HUP
      520 words
    • 310 26 MAGNA MARINE LINES [J2J SOUTH AFHCA WESTBOUND SERVICE SMGAPORE n. KELANG LOADMG FOR TW SESSANG PASS VOY M-T4 15/7 10/7 REUNION TAMATAVE (M.T 1975) Durban p.e CAPETOWN MAGNA VOT M-15 15/1 lt/l do LOAOMG K KNABALU EASTBOUND SERVICE MV BESSANG PASS VOVM-11E MV GEJEXAL VALUES VOYM-12E MAGNA VOT MI3E DURBAN
      310 words
    • 341 26 SINWAH CONTAINER LINE REGULAR CONTAINER LINER SERVICE TO AUSTRALIA, NEW ZEALAND AM) FAR EAST M.V. XINHUA LONG M.V. GEORGE ETA S'pore In Port 19 My ACCEPTING CONTAINERISED CARGO FOR MANILA, HONGKONG, SYDNEY, MELBOURNE AUCKLAND AND WELLINGTON General Agents TICK FUNG SHIPPING ENTERPRISES CO. LTD 3rd Floor, Bank of China Bldg
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  • Page 26 Miscellaneous
    • 181 26 5 .1 ■Hjteais y Hrfi s Regional Weather ii I 'Ji m m M ft sssss 2 k. S» m I »1 >«* Lvj 38 i -i 1 B ft* ?V Si £££3^ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: .R. Thunderstorm Temperature °C >A\ Shower
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