The Business Times, 28 August 1982

Microfilm: NL12693
Total Pages: 12
1 12 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 93/1/82 SATURDAY, AUGUST 1(82 60 CENTS
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  • Article, Illustration
    Fall in growth of import duties
    644 1  -  By LEE YOKE MENG NET import duties and excise collected by the Government last year rose to a new record high of nearly 1748 million. But growth has been noticeably sapped by a combination of adverse economic conditions and a drop in demand for
    644 words
  • Article
    Warehousing space glut expected
    466 1  -  By JOHN LIM THE supply and demand (or industrial and warehousing space, which has so far kept in step with each other with the exception of an undersupply situation last year, is expected to end up in a substantial oversupply position over the next few years.
    466 words
  • Article
    URA sale generates investment of $75m
    554 1  -  By LEE HAN SHIH THE Urban Redevelopment Authority has awarded 10 industrial sites to nine companies which will invest a total of $75 million for the building of a factory and warehouses. The total investment value, which includes the costs of land, material and
    554 words
  • Article
    Skills fund council answers criticisms
    393 1 THE Skffls Development Fund said it is looking forward to receiving proposals for further improvement from the German Business Group (GBG). Referring to critisisms made by GBG and the American Business Council (ABC) at a meeting between Prime Minister Lee Kuan Yew and employer groups
    393 words
  • BRIEFLY...
    • Article
      Lock icon Take over Caltex call
      88 1 Reuter INDONESIA'S official labour federation has called for the nationalisation of the American Caltex oil company when its contract expires in November next year. The company produces about half of Indonesia's total oil output of 1.3 million barrels per day. Mr M Arbi, vice-chairman of the
      Reuter  -  88 words
    • Article
      Lock icon Gold price advances
      67 1 Reuter THE price of gold advanced yesterday ill London to a nine-month high, aided by lower US and European interest rates and concern over strains on the international financial system caused by debt problems. Bullion houses set the price at U*****.25 an ounce. It has risen $26
      Reuter  -  67 words
    • Article
      Lock icon PLO land pullout
      83 1 UPI CHEERING Palestinian fighters fired thousands of rounds of ammunition into the air and blew kisses as they left Israeli-held Lebanon and linked up with friendly Syrian troops in the first land pullout from Beirut. The guerillas left in a convoy of vans, multicoloured trucks, ambulances and
      UPI  -  83 words
    • Article
      Lock icon China buys Mirages
      52 1 Reuter FRANCE has decided to sell its most advanced fighter, the Mirage 2000, to China and negotiations have started in Beijing. China has for some time been pressing to buy the Mirage but French officials have consistently said that there have been no plans to sell to
      Reuter  -  52 words
    • Article
      Lock icon HK banks cut prime
      61 1 Reuter THE Hongkong and Shanghai Banking Corp and the Chartered Bank in Hongkong said they will cut prime rate to 12 per cent from 12.5 per cent, effective on Tuesday. The Hongkong Association of Banks said it will cut interest rates on deposits by half a
      Reuter  -  61 words
    • Article
      Lock icon UK base rates down
      94 1 Reuter BRITAIN'S leading banks cut their base rates by half a percentage point to IOVi per cent yesterday, reducing the cost of borrowing for companies in their fight against recession. Lloyds, Barclays, Midland and National Westminster cut their base rates from 11 per cent, the 11th
      Reuter  -  94 words
    • Article
      Lock icon Polish debt request
      88 1 Reuter POLAND'S 500 western creditor hanica are being asked to extend by two months the Sep 10 deadline for an agreement on rescheduling the country's US$2.4 billion in 1962 debt. London bankers said. According to the Poland's 1961 commercial debt rescheduling agreement, this deadline for a 1962
      Reuter  -  88 words
  • Article
    Lower US interest rates improve prospects says SMA
    256 1 I! 1 1 Improve nt tni taterest rates ta the U8 have fallea. The ehalraaa ef the Slagapare M»wtoeton' Asssristtsa, Mr Oag Leag Chuu, Mid this yesterday, exptolalag that tower tatereat rates give ladsstilsllsts mere hreethiag space aad early orsasmlr reesvery. Mr
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  • Article
    Interim profit of OCBC slows down
    544 1  -  By CHOO AI LENG INTERIM results released by the Oversea-Chinese Ranking Corporation show a significant slowdown in earnings growth and suggest there may not be much of an improvement in this year's profit over that of last year. The group yesterday announced a 10.6
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      244 1 Times THE Federal Reserve Board has cut its principal lending rate by half a point to 10 per cent, paving the way for another round of reductions in other US interest rates Page I FAST food business is flourishing in Singapore, judging by the number of new outlets planned by
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      Page 1 Advertisements Column 2
      64 1 Join the big swing to Pinnacle HA M IML wf < 3tef¥K ✓a For golfers who strive fori excellence onj the course," to Pinnacle!^^EKS^|^^^^H The ball offers unsurpassed flight accuracy, distance carries a no-cut^S Come, join the big swing to Pinnacle on every course where excellence reigns. PAIM-WESTCPTE3ITD. nAttMNMMuMaMDMtaamiiMTai •WC
      64 words
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      Page 1 Advertisements Column 3
      37 1 The Singapore s Straits Business Times World DIRECTORY at your Qf Fingertips Singapore (Buku Merah) Friendship Cutty Saik SootchWhisky Distilled, bonded and bottled in Scotland. Sole Agent: Hock Tong Bee Pte Ltd 347/Bukit Timah Road, S'pore 1025
      37 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Way paved for lower US rates
      845 2 Reuter 7- THE US Federal Reserve Board has cut its principal leading rate by half a point to 10 per cent, paving the way for another round of reductions in other US inter- est rates. It was the fourth reduc- tlon in six weeks
      Reuter  -  845 words
    • Article
      Lock icon Japanese long-term prime rate to be raised
      180 2 Reuter THE Japanese long-term prime lending rate will be raised tp If of percentage peint to 8.1 per cent, effective Sep 1, the LongTerm Credit Baak *f Japan Ltd said. IV margin sf the rise, as expected, is is line with the 1.5-peint
      Reuter  -  180 words
    • Article
      Lock icon US to discuss special fund at IMF meeting
      439 2 Reuter AMERICAN officials plan to ask other world leaders at the upcoming International Monetary Fund conference if they think there is a need for a special pool of funds to help financially strapped countries. US administration sources said officials at the Treasury
      Reuter  -  439 words
    • Article
      Loan for Hiang Seng
      113 2 PRIVATE Investment Company for Asia (Pica) has arranged a US$B million multi-currency facility for a Thai company, Hiang Seng Fibre Container Co. The other banks participating in the five-year loan syndication are BA Asia Ltd and Barclays Bank International. The loan will be signed on Monday
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    • Article
      Market gains cut Chase's exposure to failed company
      238 2 CHASE Manhattan Baak's expesare te the failed Lsahard Wall lae was redaeed aa a resalt of a «obstaattal Improvement ta the i s eaaital markets, a Chase official said. Oa Aeg 12, Lsm hard-Wall and Its Lemhard-Wall Money Markets lae 11led a
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    • Article
      Bonds and loans
      595 2 AN offering of US$2OO million of Phillips Petroleum Co 10-year notes was priced at par with a 12 per cent coupon, managing underwriters Morgan Stanley and Co said. The notes may be redeemed at the option of the company at par beginning in 1989. They were issued
      595 words
    • Article
      Lock icon Salomon launches US$300m money multiplier receipts
      284 2 Reuier SALOMON Brothers said it has launched a US3OO million issue of money multiplier treasury receipts through a national syndicate comanaged by itself and Bache Halsey Stuart Shields. The zero-coupon securities derive principal and interest from holdings of US treasury notes and bonds. The
      Reuier  -  284 words
    • Article
      Lock icon Alternative to American zero coupon bonds
      437 2 NYT STRIPPED coupon treasury bonds, or bonds that are sold with their interest-rate coupons removed, are the latest alternative (or those who favour the new zero coupon bonds. In effect, the zero coupon bond is a regular bond that is selling at a discount
      NYT  -  437 words
    • Article
      Insurance centre improving courses
      399 2  -  By LEE YOKE MENG AN UPGRADING exercise is now taking place at the Singapore Insurance Training Centre (SITC) to keep it in closer touch with the industry here. Coupled with this is an attempt to build up a library of photographic slides on various risk situations,
      399 words
    • Article
      Lock icon Dutch bank to shut branches
      190 2 Reuter NEDERKANDSECredietbank NV (NCB) plans to shut 40 of its 115 branches by 1966, involving the loss of 400 jobs, as part of a change in its retail sector activities. A bank spokesman denied market rumours that Chase Manhattan Bank was involved in any changes
      Reuter  -  190 words
    • Article
      Lock icon Swiss money supply up
      105 2 Reuter SWISS central bank money supply grew 0.6 per cent year on year in July after a 2 per cent annual rise in June, but it is still on course to rise 3 per cent as is the target for 1982. In a preview of its
      Reuter  -  105 words
    • MONEY AND EXCHANGES
      • Article
        PLR
        22 2 THE average rate ai which major Singapore banks are currently prepared to lend to their best customers is 10.29 per cent.
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      • Article
        ASIAN $
        177 2 ASIAN ASIAN currency deposit Interbank rates as at close on Aug 27: US Dollar*Spot) Offer BM 7 days 9* 1 month 101/18 915/16 2 months 10* 10* 3 months 1015/1610 13/16 6 months 111V*****3/16 9 months 12* 12 12 months 12 7/16 12 5/16 Das. 8«#rs. 1 month 3 months
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      • Article
        Discount
        47 2 RANGE at prices flhfi fd by dl» count houM i on Aug 27: Overnight 3v.* Call depos Its: 3V.% CUai 3-month Beytag Mliac Treasury bills 3H 3M 3-month Bank bills S 7* 3 months CD 7H 7H 6 months CD 713/16 711/16 Source: National Discount Co
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      • Article
        Hongkong
        65 2 THE US dollar yesterday ruled mixed against major currencies in quiet, late trading ahead of the local long weekend holiday. Banknote rate* yesterday: US 5.»/« 01 UK 10 SO 10 CO Brunei 1TT/J.T» W Germany -1 Malaysia 2 55 257 Philippines MM TO Singapore -27> «1 Burma 1.50 2.50
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      • Article
        London
        36 2 Opening quotes yesterday US -1.7550/60 Cut 2.1680 1705 Cross 1.2353 56 D Mk 4.2875 925 D n 4.7050/125 S Fr 3.6250/300 B Fr con «2.38/50 F Fr —12.0200/375 Ut 2424.50/2427 00 Yen 445.94 446 47
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      • Article
        Singapore market
        457 2 THE US dollar was traded down against major currencies on the foreign exchange market yesterday. The US dollar opened at 2.1520/40 against the local currency and was brought up to the day's high of 2.1540/50 before losing out to speculative selling and falling to 2.1475/85. latorfeaak tarwart rata
        457 words
      • Article
        Tokyo
        169 2 THE dollar for overnight delivery in Tokyo yesterday closed slightly higher at 254.15 yen from its 253.50 opening in relatively quiet trading ahead of the weekend, with dealers awaiting further indications of dollar interest rate trends after the Vi point cut in the US discount rate, dealers said. This
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      • Article
        Gold
        326 2 GOLD futures in Singapore yesterday closed firmer, but initial gains of around US$lO an ounce prompted by the New York advance were more than halved by the drop of the bullion price in Hongkong yesterday. Trading was moderately active with total sales for the day recorded at 216 lots
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      • Article
        Silver quotes
        29 2 New York 8.3SB unav 8.46S Zurich 8 20B 8.30S Prt TWn Singapore 8.35B 8.50S Closing prices in US dollars a troy ounc e. Source: Credit Suisse, S'pore.
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      • Article
        Treasury bills
        49 2 RESULTS erf tender held yesterday for 91-day Treasury bills to be issued from August 30 to September 3: Offered: $140,000,000 Applied for: $214,150,000. Abetted: 1140,000,000. Accepted hMs: $99.18 approximately 8 per cent; higher bids in full. Average rate ef dteeeut •a aUetmeat: 3.200 per cent per annum.
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      34 2 I'inn they are about people. 1. his compatriots during the war, his colleagues in the banking commu nity and his fellow members of the Chinese Chamber of Commerce and the Straits Chinese British Association.
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  • TRADE AND INDUSTRY
    • Article, Illustration
      Garden Hotel to have another 131 rooms
      479 3 GARDEN Hotel will have 131 additional guest rooms on the completion of its $18 million new wing in midDecember. The extension on the vacant land next to the existing hotel building will bring the number of rooms to 217. In spite of the
      479 words
    • Article
      University tutor gets General Electric grant
      243 3 MR WONG Yue Kee, senior tutor of business administration at the National University of Singapore, has received the General Electric Foundation fellowship grant worth US$3O,OOO. GE's national executive for Singapore, Mr Nelson Britt, said the grant "underscores our company's long term commitment to furthering
      243 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      218 3 THE ATLAS Copco group has appointed Am °'Ht as administration development manager, based at Atlas Copco South-East Asia Pte Ltd, Singapore, where the Swedish multi-national, specialising in mining and construction techniques, airpower and tools techniques has its regional centre. Mr Hando, 30, began working for Atlas Copco
      218 words
    • Article
      TRADE TALK
      269 3 THE Singapore Institute of Standards and Industrial Research (Sisir) will organise a seminar/workshop on the applications of computer-aided plastics part and mould design. The seminar will be conducted on Sep 6 and the workshop from Sep 7 to 10. The seminar leader/workshop instructor is Mr Colin Austin, winner
      269 words
    • Article
      Offer of teleconferencing service to Asean nations
      169 3 SINGAPORE may extend its audiographic teleconferencing service to Thailand and the Philippines if its trial run to Indonesia proves successful. The Telecommunication Authority of Singapore has presented this proposal to the three Aseaq countries, which have not given any Indication of their interest.
      169 words
    • Article
      Skills level of textile workers are more important
      268 3 THE level of rfriiig of the workers in the textile and garment industry has a greater bearing on the production of high quality products than mechanisation and automation. This is because mechanisation and automation affect only a part of the production process
      268 words
    • Article
      More fast food outlets coming up
      616 3  -  By ANGELINE TAN THE fast food business is flourishing in Singapore, Judging by the number of new outlets planned by existing companies and the entry of new chains. McDonald's Restaurants Singapore will open two new units at Goldhill Square and Chooo Bee Building in
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    • Article
      Hewlett Packard, SCS get deals worth $3.9m
      329 3 HEWLETT Packard Singapore anr> its largest original equipment manufacturer, Singapore Computer Systems Pte Ltd, obtained six contracts worth $3.9 million in the first half of this year. The SCS installed HP 3000 computer systems and software at International Discount Company Ltd; NTUC Comfort;
      329 words
    • Article
      Manufacturers urged to set up quality control systems
      592 3 LOCAL manufacturers were urged to set up total quality control (TQC) systems as a first step in meeting the quality standards of developed countries to ensure the continuous success of their exports. The call was made by Dr Wong Kwei Cheong, Minister
      592 words
    • Article
      SEMINAR ON KJ METHOD
      103 3 A FTVErDAY seminar on the "KJ Method", a problem solving technique which is widely used in Japan for business, education and industry, will start on Monday at the Apollo Sentosa. The KJ method, named after its inventor, Professor Jiro Kawaldta, is a scientific and systematic approach
      103 words
    • Article
      Jetro helping to improve building technology
      305 3 THE Japanese government is taking another step to help Singapore acquire higher technology. The government-backed Japan External Trade Organisation has given approval to its Singapore office to start a new division to promote technology transfer in the construction industry. Mr Shinobu Sawaike, managing director
      305 words
    • Article
      Importance of first aid knowledge at work
      187 3 A MANAGER'S knowledge of first aid saved the life of a worker who would otherwise have died from cyanide poisoning. Lack of this knowledge in another incident resulted in a death. A National Productivity Board official yesterday related these two incidents to drive
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      290 3 Why Conqueror is most cost-effective inbuildinga good company image. In these reces sionary times when promotional budget is tight and competition gets tougher, a company's image becomes all important. Using a more expensive business stationery to con- v vey a favourable im- W pression for your com- V pany is
      290 words
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  • OVERSEAS
    • Article
      Lock icon US orders sanctions on major company
      932 4 NYT THE REAGAN Administration ordered trade sanctions on Thursday against a major company for defying a US embargo against the delivery of equipment for the Soviet-Western European natural gas pipeline. The company, CreusotLoire Co, is owned by the French government and the French subsidiary
      NYT  -  932 words
    • Article
      Lock icon Manville seeks legal protection
      405 4 Reuter AMERICA'S largest asbestos manufacturer has filed under US bankruptcy laws for protection against thousands of lawsuits brought against it by workers suffering from asbestos-related health problems. Manville Corporation president John McKinney said on Thursday legal consultants had advised the reorganisation because of the growing number
      Reuter  -  405 words
    • Article
      Lock icon Strike won't solve Mexican crisis
      288 4 UPI MEXICO'S most powerful labour leader has said that he will not call a strike in spite of union ni*<ma that half a million workers have been laid off because of the country's deepening economic crisis. "We do not want to resolve the problem by
      UPI  -  288 words
    • Article
      Lock icon Productivity in UK lagging far behind
      251 4 Reuter BRITAIN'S productivity is trailing far behind that of its competitors despite recent improvements in workers' output. A study by the National Institute of Economic and Social Research showed that manufacturing productivity would probably have to rise another 50 per cent or more to
      Reuter  -  251 words
    • WORLD IN BRIEF
      • Article
        BID FOR BETTER TIES
        323 4 US Secretary of State George Shultz met the Chinese ambassador on Thursday in talks aimed at getting the relationship between their two nations "back on track" after 10 months of difficult discussions over US arms sales to Taiwan. Ambassador Chai Zemin said as he left the
        323 words
    • Article
      Lock icon Iraq managing to block Iranian oil supplies
      548 4 Reuter IRAQ has begun a major bombing and propaganda offensive to throttle the flow of oil from Iran and is encountering some success. Western diplomats and oil industry sources said Iraqi claims to have hit the key Iranian oil terminal at Kharg Island
      Reuter  -  548 words
    • Article
      Lock icon Living with a 500pc rate of inflation
      467 4 NYT LIVING with the world's highest rate of inflation can be maddening. The Internationa] Monetary Fund reports that Argentina's consumer prices rose 130 per cent last year, the highest rate of any country. But that was "small turkey," as Argentines say. On Thursday,
      NYT  -  467 words
    • Article
      Lock icon Caution over US ruling on steel
      125 4 Reuter EUROPEAN Community officials on Thursday reacted cautiously to a ruling by the US Commerce Department that six European countries unfairly subsidised carbon steel exports to the US. The Commerce Department ruling issued on Wednesday opened the way for possible imposition of penalty duties
      Reuter  -  125 words
    • Article
      SHIPS IN PORT
      357 4 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Equator III Perils Ramoneverett Rio Negro II Sun Trader Vlshva Mad hurl An tar Equator IV Kun Ming Llkas Venture Mendoza Montauk Osprey President Wilson Samoa Silver Star 22 20W 45 35/36 25/26 1/2 8/9 22 44
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    • Article
      Lock icon When US economy will recover
      652 5 NYT ECONOMISTS from the United State*' top companies say a genuine economic recovery will not begin until the end of 1982 and that unemployment will still be near 9 per cent at the end of 1983. They also say capital investment will decline far the
      NYT  -  652 words
    • Article
      Lock icon American trade deficit falls to US$2.42bn
      327 5 AP THE United States' foreign trade deficit narrowed to U552.42 billion in July, as non-oil imports fell sharply because of the recession, the US Commerce Department reported on Thursday. July's deficit, down from a $3.44 billion deficit in June, was the smallest since April,
      AP  -  327 words
    • Article
      Rise in number of bankruptcies
      199 5 THE failure of 572 businesses in the US last week was the highest number in 50 years and was up 71 per cent from the same week a year ago. A private credit-informa-tion service reported on Thursday that the surge in business failures in the
      199 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      673 5 ARRIVALS Service Local Operator Number Time From PAA FT CAL SIA MAS BIAS RBA MAS SIA CPA SIA MAS GIA THAI SIA GIA MAS SIA SIA SIA SIA KLM SIA GIA LUFT GIA SIA THAI CPA MAS MAS GIA SIA SIA UL UTA MAS SIA GIA JAL
      673 words
    • Article
      Lock icon Japan's inflation at 23-year low
      305 5 Reuter JAPAN'S inflation rate fell to L 7 per cent on an annualised basis in July, the lowest for nearly 23 years. The Prime Minister's office said the fall in the index from 2.2 per cent in June reflected lower prices in July for fruit
      Reuter  -  305 words
    • Article
      Lock icon Japanese agency wants more for defence
      203 5 Reuter, AP JAPAN'S Defence Agency has decided on a budget request for the next financial year of 2,776 billion yen (US$ll bUlion) to be spent mainly on major weapons systems. The request for the financial year starting in April represents a 7.3 per cent
      Reuter,; AP  -  203 words
    • Article
      Lock icon Canada to sell reactor to South Korea
      100 5 UPI CANADA will try to sell South Korea a second nuclear reactor when President Chun Doo-hwan arrives in Ottawa today. Officials at the Canadian External Affairs said Canada had a good chance at making a second reactor sale within a year to South
      UPI  -  100 words
    • Article
      East Asian economies maintain pace
      176 5 COUNTRIES in East Asia and the Pacific have broadly maintained relatively high growth rates. The World Bank said on Thursday in its annual report that South Korea performed particularly well, but one of the main problems facing the region is the financing of balance of
      176 words
    • Article
      World financial crisis exaggerated
      785 5 TALK of an impending world financial crisis has been dangerously exaggerated, a senior World Bank official said. The head of the World Bank's economic analysis services, Helen Hughes, said that world capital markets, far from heading for an international financial crisis, were extremely firmly based. Accepting
      785 words
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      Page 4 Advertisements Column 1
      163 4 If you want to reach manufacturers, exporters and importers, then Shipping Times is the right advertising medium for you It you're a freight forwarder or in anyway connecfed with the ship ping and cargo business, Shipping Times has |ust the space for you You'll be reaching a very select group
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      Page 4 Advertisements Column 2
      2 4 Editorial...page I
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  • Page 5 Advertisements
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      514 5 THE CONFERENCE II AN(«E ami (II \IIKNGK are two themes perpetually encountered in the banking sector. As the compulor and telecommunication svstems hit greater heights of sophistication, their various APPLICATIONS and IMPLICATIONS for the hanking sector must he scrutinised. The panel of distinguished experts will update vou on the LATEST
      514 words
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  • Article
    Mexico: myth and reality
    562 6 THE CHAOS in the Mexican economy is only one manifestation of a state of affairs which long ago turned Central and South America into a happy hunting ground for television crews. They were mostly searching for good colour material aimed at demonstrating that the other man's
    562 words
  • Article, Illustration
    Lock icon Enter the 'smart' card
    978 6  -  A new electronic system being tested by Philips in France may make cheque books obsolete. GEOFFREY CHARLISH reports. GEOFFREY CHARLISH FT IN the autumn, a trial is to start in three French towns of electronic systems that are aimed at dispensing with the cheque book altogether,
    FT  -  978 words
  • Article
    Lock icon Stumbling through the dubbing...
    835 6  -  All is not quite as it sounds in the Italian film industry, DIANA SMITH, recently in Rome, discovered. It's so largely because most Italian films have nonItalian, multinational casts DIANA SMITH FT ROME, sometimes known as Hollywood-on-the-Tlber, concocts nearly 200 films a year. There is something
    FT  -  835 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      185 6 •Si IV -p <o cr V\W\\ vV fHELSA T TJP.'.A? > > vXj THE SOUL OF A NEW MACHINE Everything you read actually happened. No names have been changed. Nothing controversial has been left out... This remarkable true story of life and work behind the closed doors of an American
      185 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      777 6 TdfglßW.no Terror by night THE laal Mt epMe tm the IMm Fmttvml (Cfc 5, LS) eemes "Terrer By Night", tt skews hiv Saerleek Helmea ui Dr Vataa Ml Ulls Us victim fer a prefer seeeer faas, there is the telecast ef WmrU Cap Seeeer (Ch Wert Germany meets Algeria la
      777 words
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  • Article, Illustration
    Lock icon Brunei prepares for cutting of the knot
    773 7  -  Change is bearing down on the oil-rich sultanate as it prepares for the independe nee being pressed upon it by Britain, reports David Dodwell David Dodwell FT TO ARRIVE in Bandar Seri Bagawan as the sun sets over Kampong Ayer the "water village,"
    FT  -  773 words
  • Article, Illustration
    Lock icon 'High-spirited' workers
    735 7  -  By ROBERT WOODWARD Reuter CRATES of empty beer bottles on any West German building site are just one of the signs of a serious problem. A recent study by a Cologne-based research institute has revealed how widespread alcohol abuse is in Western Europe's most powerful economy. Three million
    Reuter  -  735 words
  • Article
    Lock icon Variations on hometels' all-suite theme
    916 7  -  By WILLIAM E SCHMIDT NYT IN THE early *****, a Phoenix (Arizona) plumber-turned-real-estate-investor named Robert Wooiley began to build some hotels that were quite unlike anything then alongside the highway. Not only did he serve his guests a free buffet breakfast each morning and complimentary
    NYT  -  916 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      619 7 CRYPTIC PUZZLE ACROSS 4 They make amusing reading 7 Girl with a garment in a trunk (8) 8 Put on for the boys (6) 10 Alias Elsie? (5) 13 A blow from the W. Indies (4) 14 A colourful line in explosive (4) 15 Mud or slime in a zoo
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      227 8 Where to wine, dine and entertain wttti the American Express* Card r wv 4^; tickling delights like Curry Ayam,Chap Chye and Sambal Timun, just to name a few. Take your pick, it's great food, going for a song! Come from 12 noon to 2.30 |im T" Havetodc Road, Singapore 0)16
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      Page 8 Advertisements Column 2
      131 8 JAPANESE RESTAURANT For sushi. For teppanvaki bar other authentically Japanese delights i v® C «"i ili■ r\ I *:ii*l\ *-*li< t:h •»i i i i|»« inm I M NUTMEGS R 10.30 a.m. 3 p.m. $21 per person 1 Pieose can *****88 ext 663 tor reservations WYATT REGENCVOSINGAPORf tfr /ifetTSf&r r
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      Page 8 Advertisements Column 3
      138 8 I lu perfect end to ci romantic viri\ e. rv. Ivvirtr..! n\ iTv N .ft, ln\i' in ,i \it*. ri! p!.n < Hu w I Miriru rv- 1.. ■ir i*_v .inJ Rim.ii in; ir I i-.m-i intrn; iri.m.,: ,\.r:^rt. ::iT• *ti.ik K }> P ri- it ,I J t Oi>-
      138 words
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      Page 8 Advertisements Column 4
      148 8 Jazz up>our favourite drink with the LouisTanThiee-Q ft 4 i mJNGE Get into the beat with Asia's leading jazz musician, Louis Tan. At The Lounge. Every night.* It's the nicest way to >au MSf A great place to be. t e Dine in the grand tradition of emperors Where sumptuous
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      Page 8 Advertisements Column 5
      93 8 til restaurant Delicious cuisine from Hunan Province A special complement to your meal Pastry (Tim Sum) of your choice "on the house" (August 15-31. 1982! Ample paikina facilities Onctlfe 214 Duneam Road, Singapore 1129. TEL *****49,*****22 Dine and wine in the Palm Court of Raffles Hotel Table reservation, please ring
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  • INTERNATIONAL STOCKS
    • Article
      Market higher still
      869 9 SEW YORK VOOJME ON Thursday broke through the record set only last week and stock prices closed at a new high (or the year. Valume totalled about 139 million shares, pacing the previous record of 132.69 million on Hug 18 about an hour before the close. It
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    • Article
      TORONTO
      134 9 tooH c» uoai 1M AlMJ%n m ihuJVtoPt 1»% •InUi 11 .14 WfOmiM M* +m artsru*"IIH «iu Ommm Caribf OKMfaCBMU Ut CnBUuta A »H n UH l*H a ♦m H 1* Tkoha n«it—i DomJKort. a M« M uncA DMB Tfcff 17* ♦l DOB* M1M« IM i* PttebNlek I* MeeebeMei Gap
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    • Article
      Milan
      78 9 AUO Ur» BuUfl MM CWtnk Ord Mi -11* Oood Acq— Ron* MM +U mtaato MM -M rw(M mi -m OMMTtll HUM -M Oka Ma» in rrtv noo -m InvMt MM oocti iMicMMouord ran -mo IMIgM Ml -U MM -m M«dtm»wn MM -Mi IttuoiaM 1MM -M MwilMdoflPr» MM +M MwmMw
      78 words
    • Article
      Brussels
      83 9 FORWARD M AMC AltMd Aitur Btutan Bru-Lanb Pannr Coci Da Barn Btaa BictnM Ob-lnno-Bm CM* —a Or Bra Lamb Hobo* F»tto Kyi Dutch Soc Oon Balf Softa* Sotr&7 A V Mont.. A1 >16 m us lis uo DO 1001 MOK mm I'M Ji AH 1001 in UN mi 1001
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    • Article
      Paris
      166 9 ADO M m CORBKILLE Air-Liquid* BID 0*r»ml» m MM aj iM C 8 T (TbomaoaCat) UBJO ♦7J CW fraaeala* 4m PitnlM 1V7J0 SJ CNdltrooetar D* nuei nut JJ IIAnktoV 406 ♦8 MtrtHw Ball MtebaUn (B) MJO ao 71S IS 1J 8 ♦a 4 Ptuflp* (M» Ora Bit) niuumw a
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    • Article
      Amsterdam
      152 9 ADOS ru «1 u MM -u ABM KUO U jjy**- j*® akom ah Vmiwi M uncn AST -S5 "is f AMKV (MM -L4 6 1,uo Amtm» +U On Ortnun 11»* +U Aouobak MJ0 -A3 omnm M unch Beraoaa p*kho«d MM -1 Bark 11» -IS PbtMm Boil MM PKb Bctiuwr
      152 words
    • Article
      Frankfurt
      84 9 AUO OB HT 1^ moo LT Aac-Talafni tkan ♦11 H-ir* BID LS RJUtP naaa I Horttn in* Lt ar_z= BMW CooUOumj mat IP HO nk uui ni mm L» 41 -44 LI bnMt KHT) Linda mat ma ma 1MJI UUI ♦S unci) +1 1 U n»l»Ur-B» Da|va> MH| Davtacha
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    • Article
      Zurich
      71 9 v 1 ll mm I I Sulaar Pc SO -11 imwRn uoo -a l "ll f™ m *i R*c n -i SwlM IU-Innir V» *1 CM* *1 m -u 3 1 nm—Ir Rat Union Bank Of 8*1 U. MS f un ■10 +1 ch 0 0 Union Bank Of
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    • Article
      JOHANNESBURG
      206 9 AUG M Rand Trust Rk M 4-1 On MmI a INDUSTRIALS IlnW uncb A Alpha 415 -10 MINING8 Af AfHirt ssr» Barlow* co smith CM* Cum# Rum DiBiw tod Unit PtdVolk ruttt.... HMM LlbBoMa Loortao LTA M And K Mecarthy oJJT*. Ok Bu 3sa Pp CHMnt Pm Ml Prolw
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  • RAW MATERIALS
    • Article
      RUBBER
      202 9 RUBBER prices in Singapore yesterday closed slightly higher with September One RSS buyers quoted at 180.50 cents per kilo, up L5O cents from liiursday's close. Morning prices were marked up slightly on some covering interest and selling reserve with higher bullion prices aiding sentiment. Afternoon prices fluctuated around lunchtime
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    • Article
      RAS PRICES
      329 9 RAS prices In cents per kilo yesterday: U/M Close (per kill Buyers 181 JO 180.50 181 JO ***** 171.00 1(8.00 1(7.00 156.50 155 JO ISO JO 149.50 (1 Buyers Int. 1 R.S.S. prompt f.o.b. 181.50 Int. 1 R.S.S. September 180.50 Int. 1 R.SA October 181.50 Int. 2 RAS.
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    • Article
      SSR and SMR
      108 9 NOON 881 and SMR p new ymt ordeyRA8 SSR 20 SSR50 <1 too (1 too pallet) pallet) ICuiih Bajrtri 150 00 156-50 ■bar it Mtb) Seller* 100 00N 157.SON October (Forward Mtbl Bayer* Sailor* 180 00 *****N 157.50 158. SON MKELB ■bar Oelok SMRCV SMRL SMR5 SMRGP
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    • Article
      Straits Tin
      45 9 THE STRAITS TIN price in Penug yesterday firmed «nether II cents te Ms29.€B a kilo, te rise within the ITA lewer sector of $».15 and $».M. Turnover rose slightly to 141 tonnes from 125 previously and about 29 per cent rationing was noted.
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    • Article
      CLOSING PRICES
      34 9 Rubber: Aug 27 Singapore: Sept: 180.50 cents (up 1.50 cents) Malaysia: Sept: 199.50 cents (up 1.00 cent) Tin: M $29.68 per kilo (up 16 cents) Official offering: 141 tonnes (up 16 tonnes)
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    • Article
      Lock icon Geologists discover deposits
      137 9 UPI CHINESE geologists have discovered many deposits of useful minerals recently, including the world's largest titanium, second largest nickel and third largest iron ore reserves, the China Doily said yesterday. The figures were released on Thursday at the opening of the 60th anniversary celebration of the Geological
      UPI  -  137 words
    • Article
      LONDON MARKETS
      892 9 COitek: Robusta futures were steadier at midday, between £21 and £2 a tonne above Thursday's close in actively traded positions. Dealers said nearby prices traded in a narrow range around higher opening levels which were in line with New York's strong close on Thursday. Most active november moved
      892 words
    • Article
      PALM OIL
      121 9 THE Malaysian palm oil market yesterday closed firmer on strong buying support in moderately active trading. In September south rose MJ2O to $730 per tonne while north and central gained $17.50 and $10 respectively to $720. October in the south firmed $15 to $730. The refined market was
      121 words
    • Article
      Lock icon No Tapping Day for rubber smallholders
      264 9 Reuter MALAYSIA'S National Association of Rubber Smallholders will direct all smallholders in the country not to tap rubber on Sep 1 to show their support of measures taken by the Association of Natural Rubber Producing Countries (ANRPC) to cut back supply. Its Secretary General,
      Reuter  -  264 words
    • Article
      Rubber trades in featureless, dull conditions
      365 9 TRADING WAS subdued on local and overseas rubber markets, with values moving within a narrow range in dull and featureless conditions, IMMay, Cutler, Bath ud Company said in its review for the week ended Aug 27. Despite the sharp reductions in interest rates which
      365 words
    • Article
      SOYBEAN
      176 9 SOYBEAN futures in Chicago on Thursday closed on the lows, off 7'/« to ll s cents per bushel with November posting a 13 cent range. The inability of the market to penetrate technical resistance turned trade sentiment negative, keeping prices on the defensive all day after opening Jiigher. A
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    • Article
      WHEAT
      193 9 WHEAT futures in Chicago on Thursday closed near the lows, off 3Vi to 2 1 /j US cents per bushel, with December posting a nine cent range. Steady speculative long liquidation pressured prices all day when rumoured USSR purchases failed to be announced, after opening higher. A recovery in
      193 words
    • Article
      Bangkok's palm oil duties hit KL
      191 9 THE imposition by Thailand of high import duties and surcharges on Malaysian palm oil products has adversely affected Malaysia's balance of trade, Malaysia's Primary Industries Minister Paul Leong said. He said since August 1961 Thailand has levied a 20 per cent surcharge on RBD
      191 words
    • Article
      Produce exchange
      176 9 CHINESE Pwfcw, Exehaage, Htagspsre, mm eMag prima per 1M kg yesterday. CtCMit «0: Bulk fob $81.00 sellers, old drum (in second hand drum) fob 193.00 sellers, new drum fob $97.00 sellers. Capra: Mixed (loose) $40.00 buyers. Pepper: Muntok white pepper fob Asta NLW $310.00 sellers, Sarawak white pepper
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    • Article
      TEXTILES
      196 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cattaa yam: China Blue Phoenix 20s 2,410; 32s 3,110, 40s 3,250 (per bale of 400 lbs). Piece gesis: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • Article
      RICE
      325 9 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.00, 100 per cent second class 0.78, 100 per cent third class 0.73, 25 per cent new crop no stock, B-10 per cent 0.72. THAI BROKEN: A-super 0.58, Special 0.55.
      325 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      53 9 f BP"I nan I 13 "d* itD y? or Tp -Sv TSUI UAM& VSUASE The Ultimate Hong Kong Restaurant Specialities: Seafood Shark fins Abolone Open: 11.30 am 3.00 pm 6.00 pm 11.30 pm For Reservation CaH: *****40 *****88 Hotel Asia, 37, Scoffs Road, Singapore 0922 AO APOLLO Theatre Restaurant Nite
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    • Advertisement
      Page 9 Advertisements Column 2
      6 9 See Page 11 for Asian stocks
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    2015 10 BID and otter prices officially listed and twsinns 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 Aca* (2468 2408)
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  • Article
    Unit trusts
    188 10 ■WiNUUraTROT |Mm krU|») The Commerce 2.00 173 The Savings Fund L45 1.52 S pore Prof Fund LIS 1.34 S pore Sac. Fund l.H L77sd S'pore Invest Fund O.M O.M S pore Equity Fad LU 1.13 in A IM— <wrw DIAMOND MOT 8TOV (Miatgiri' prtaaa Mr Aag MAM) (July)
    188 words
  • Article
    SHARE INFORMATION SERVICE
    2884 10 Grt Gr's Net 1982 Last Div Div YHd P/E Vol Day High Low Conpaay Sale or- Cvr ('000) High Low 8ECTION ONE INDUSTRIAL ft COMMERCIAL 350 247 Aetna 256 unch 21.7 04 84 24.7 2 256 255 Alcom US 17 04 34 95.8 233 132 Allied Choc
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  • Article
    In Kuala Lumpur
    1431 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 at 1,000 units, unless other- 1 ft ,4 wise specuwa. INDURVIALS tewO-UB) AJmm (1.138 1.135) (5) Ll2 1.13
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  • Article
    COMPANY MEETINGS
    55 10 BEBJAYA Kmt Barhad: Thirteenth AGM to be heid at Jalan Utas, Shah Alam Industrial Estate, Shah Alam, Sdanfor on August 28 at 10 am. SIM Lla Investments Limited: Eighteenth Annual General Meeting to be held at Conference Room, 16th Floor, Sim Lim Tower, 10 Jalan Besar, Singapore 000
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  • Article
    Share index advances 11.67 points
    898 10 BUOYED by tke new Ugh Ht kT <he svenright New Yerk market, laveatars aad ■ynthtw tamed eat la aaaton at the fcppw stack market yesterday. Tagether wltk seme shsrt eeveriag aetivtttea, this eaaM shares ta flUsh wtth feed galas la moderate tradlag. The Straits Times
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  • Article
    Buying spree in Kuala Lumpur
    492 10 A SUSTAINED bout of buying pushed share prices broadly higher on the Kuala Lumpur stock market yesterday in slightly more active trading. Helped by good overseas markets, prices generally moved higher for most of the day, closing at their best levels. The New Straits Times
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  • COMPANY NEWS
    • Article
      Office tenants advised to consider purchase
      587 11 'COMPANIES currently seeking new office space in Kuala Lumpur have been Advised to take more time to consider their options. They are advised, for example, to consider buy- !"ng their office space instead of renting tern. •••■'Valuers CH Williams Talhar and Wong (WTW) feels
      587 words
    • Article
      Lock icon Meeting to resolve insider trading
      212 11 Reuter AMERICAN and Swiss offi- rials will hold talks next week aimed at resolving a number of issues involving so-called insider trading on American stock markets. The US has been concern"*ed for several years about Swiss banks buying major "stakes in certain American stocks for
      Reuter  -  212 words
    • Article
      Lock icon Kuwait takes steps to restore investors' confidence in market
      539 11 Reuter THE KUWAIT government has announced measures designed to end a crisis in the stock market, ranked eighth in the world, where prices have plunged for several months. Stockbrokers said trading was very quiet and prices were steady after Commerce Minister
      Reuter  -  539 words
    • Article
      Reissue of Gula Perak scrip
      270 11 GULA Perak Bhd haa advised Its aharehaldera to submit their «Id «hares certificate* to the eeatpaay's registrars la exchaage far aew reeaastitoted shares. The eampaay'a reqaest fallews the receat approval by the relevant aatharlttea aad aharehaHera af a rccaa stracttoa scheme which laeladea a redacttoa
      270 words
    • In Hongkong...
      • Article
        REALTY Development Corp Ltd
        75 11 has reported net at- tributable profit of HK592.76 million (*91.64 million) in the six months ended June 30, excluding extraordinary profit of $122.82 million ($99.24 million). Earnings per "A" share were 45.8 cents (45.2 cents) and "B" share 9.2 cents (9.0 cents). It is paying an
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      • Article
        MAGENTA Land Ltd, a subsidiary of Hongkong Land Co Ltd,
        35 11 has been awarded the tender (or a 2,489 sq metre site in the Wan Chai area of Hongkong island following its bid worth $376.5 million.
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    • Article
      How a banking crisis will move currencies
      1266 11 Market Talk... IF AN international banking crisis were to erupt, heavy flows of funds would be generated as investors seek other safe havens. The pattern of these flows could be complex but, on balance, might well favour the Dutch guilder and Swiss franc,
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    • Article
      Lion interim up 23pc
      202 11 LION Corporation Bhd released its interim results yesterday along with news of a revaluation of its land and buildings. The group reported an unaudited pre-tax profits of MJ1.64 million in the first six month to end June 1982 on a turnover of 113.95 million. However no
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    • ASIAN STOCKS
      • Article
        Sydney ends firmer
        331 11 HIGHER gold prices and positive indicators on the US economy prompted a broadly based rise in industrial and resource stocks in more active trading in Sydney yesterday. The All Ordinaries index added 7.5 points to 483.3. AUG 17 Cent* Pegmln Ltd 20 +3 Pioneer Con 135 +11
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      • Article
        Bangkok
        125 11 PRICES IN Bangkok yesterday closed mostly higher on short-covering in moderate trading. The Book Club index rose 1.30 points to 105.04 on a turnover of 63.5 million baht. AOO 17 IXlwni Thai AtU Film Batata ftvutbftyaln* And Trust Btniftok BaniOf Ayudhaja Ltd ioa MX US unci -1 JM Ml
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      • Article
        Manila
        44 11 Ortantal B 0.04 until Araje Mining urn «uh Phil Our—■ PtiUnB ojh ***** uneh um «um 14.10 +0l1 PtOOMT PLOT uneh Uc Petroleum •MM until l« +0.1 Baa Mcu*i B iMtraat njo -oj Ltpanto B. 0*7 +MH S +«J 13J0 unck um +0Jwa
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      • Article
        Market closes higher
        343 11 HONGKONG STOCKS IN Hongkong yesterday closed sharply higher following the overnight trend on Wall Street and on speculation over a further cut in Hongkong prime rate, brokers said. The Hang Seng index closed at 1048.63, up 42.71. The prime rate speculation boosted prices particularly in the morning,
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      • Article
        Tokyo stocks finish stronger
        362 11 bHAKk PRICES IN Tokyo yesterday rose towards the close on revived interest in computer manufacturers and some other blue chips after narrow fluctuations in a morning of mixed trends. The market average gained 31.72 to close at 7,185.10 on a light volume of 270 million shares.
        362 words
  • Page 11 Advertisements
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  • Chief Price Changes
    • Article
      SINGAPORE
      145 12 Rises Indices Kymt HiUa Tta C Swears Mats) Box Spore Nilbo* PM HI 8 T P 1«7B M Ccanl Lira Hoc OCBC Spor* Lud TtaraPab GlilMM MCndH Falls 540 900 250 545 222 520 330 406 756 '630 515 320 264 40 30 +26 +25 22 +28 +20 18
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    • Article, Illustration
      KUALA LUMPUR
      181 12 Rises Indices D Keramat 600 +60 Aug 26 Aug 27 Seacorp 630 +50 MOT Index: *****3 *****1 Isl and Pen 550 +35 NST Industrials: 755.14 763.15 Berjuntai Sel Dredge 515 +31 NST Finance: *****4 1295.45 330 +22 NST Hotels: ***** 644J8 Rahman Hyd 320 +30 NST Properties: 675.94
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    • Article
      Selected indices
      50 12 FINANCIAL TIMES Friday 1048.83 INDUSTRIALS Thursday 1006.92 Week Ago 1034.88 Thursday 578.1 Wednesday 568.4 Week Ago 586.7 AUSTRALIAN INDUSTRIALS DOW JONES AVERAGE Friday 6123 INDUSTRIALS Thursday 606.1 Week Ago 606.4 Thursday 892.41 Wednesday 884.89 ALL ORDINARIES Week Ago 838.57 Friday 483.3 H.KJBANG SENG Thursday 475.7 Week Ago 464.0
      50 words
  • Article
    LONDON STOCKS
    785 12 STOCK prices closed easier yesterday, ahead of the long holiday weekend. At 3pm, the Financial Timesindex was down 1.9 points at 574.2. Government bonds met further profit-taking and closed as much as 7/8 point lower. Equity leaders were mixed but with an easier bias. Gold shares fluctuated with
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  • Article
    Lock icon Dow Jones lower
    97 12 AP NEW YORK stock prices opened mixed yesterday, and the Dow Jones industrial average fell sharply, as the market returned from its busiest day in history. Advances and declines were about even on the New York Stock Exchange. The Dow Jones average, which opened at an eight-month
    AP  -  97 words
  • Article
    Ambassador group profit down 12pc at half-time
    208 12 AMBASSADOR Hotel Ltd, which is proposing to sell off its main asset, the Ambassador Hotel along Meyer Road, has announced lower group results for the first six months of this year. Although group sales rose by 31.4 per cent to $4.96 million, profit
    208 words
  • Article
    National Iron units increase capitals
    88 12 NATIONAL Iron Steel Mills has announced changes in the capital of three subsidiaries, as part of its overall group restructuring. Singacon Investments Pte Ltd's paid-up capital has been Increased from $2 million to $3 million. In the case of NISM Properties Pte Ltd, its authorised
    88 words
  • Article
    Rig deals account for 50pc of Promet profit
    529 12  -  1HBKI Companies Editor: Klano Sabnani By CHRIS LIM THE RIG building activities of the Promet group accounted (or about 50 per cent of its total pre-tax profit for the first half year ended June 30,1982. Promet announced yesterday that its group profit
    529 words
  • Article
    Two new issues on KLSE
    333 12 TWO NEW share issues will make their debut on the Kuala Lumpur Stock Exchange next week. They are Asiatic Development, under the plantations section, and Rasa Sayang Beach Hotels (Penang) Bhd under the hotels section. The KLSE announced yesterday that Asiatic's 160 million ordinary shares
    333 words
  • Article
    COMPANY BRIEFS
    316 12 DIRECTORS ot Psgl Malaysia have recommended a final dividend of 5 per cent gross for the year ended March 31,1982. If approved at the forthcoming annual general meeting to be held on Sep 24, the dividend will be paid on Oct 15. The company's registers will be closed
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  • Article
    Ipoh Gdn to sell stakes in associates
    124 12 IPOH Garden Bhd has reached an agreement to sell its entire interest in two associated companies to CI Holdings Sdn Bhd for cash. The two associates are 48 per cent-owned Pantile Sdn Bhd and SO per centowned Perak Brickworks Sdn Bhd. The 612,000
    124 words
  • Article
    Federal Flour Mills buys HK company
    71 12 NEWLY listed Federal Floor Mills Bhd has made its first acquisition a Hongkong-based trading company. The company, Fedfiour Trading Ltd, will be involved in commodities trading including grain and oil futures on the overseas markets. The new company will have a paid-up capital of
    71 words
  • LATEST
    • Article
      CARLSBERG Brewery (M) Bhd
      48 12 ku reparted after-tax profit W Mfl.lB mUlton t etndap per share ti tU eeats far the rix Math* will Jue M. Tumtct far the petted was $KJS milttea. Dlwthn have fmmumbM mi latorlm dNldead ti II per eeat gr— payable m Bep SI. a
      48 words
    • Article
      GEORGE Kent (Malaysia) Bhd
      38 12 '"'""1 yp pre tii preflt at MSLSS mliUm m tanever ef $25.83 milHeater the rix meatto tod Jaly SI, aad haa declared aa latortai m*Ĕmt af II per eeat gram payable ea Dee 4.
      38 words
  • Article
    MRCB has ambitious plans for its properties
    478 12 MALAYSIA Resources Corporation Berhad (MRCB) is currently involved in a mix of property developments industrial, commercial and residential. Ambitious plans for the group's properties were outlined yesterday by the company officials. Present at the press conference were MRCB chairman Senator Kee Yong Wee
    478 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      379 12 Selected speeches and writings of C.V Devan Nair of wri«-ir*i4*4 ircted aim Bpet-cij«* C~ V X>«r vaunt 198 mm V. L-4T ABOUT THE MAN We know him as the outstanding leader of labour; (but) there is much more to the man and to his history that make him both a
      379 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      63 12 WEATHER" i —J OUTLOOK for Singapore today: Fair in the morning, scattered showers in the afternoon. Reptrt for 24 hours prior to 7J pm on Aag 21 at the airport: Maximum temperature 31.5 Associated humidity 68 Minimum temperature ..36.2 Associated humidity 87 Hours of sunshine 7.55 Rainfall in millimetres Nil
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