The Business Times, 29 September 1984
1984-09-29
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The Business Times
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Title Section12 1984-09-29 1 BUSINESS TIMES M.C. (P) No. 66/1/84 SATURDAY, SEPTEMBER 29, 1984 60 CENTS12 words
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Article556 1984-09-29 1 YAP BOH HOON - Proposed entertainment facilities will include water slides and race tracks By YAP BOH HOON CASTLE PARK International, a Hongkong developer and consultant to the colony's Ocean Park, is close to reaching an agreement with the Sentosa Development Corporation to build a family entertainment park on556 words
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232 1984-09-29 1 THE ANNUAL report and accounts of Hotel Tai-Pan, part of the Jack Chia empire, has accountants and investment analysts scratching their heads. The profit and loss account shows that directors' remunertion was cut by 82 per cent to a mere $12,000.232 words
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Article569 1984-09-29 1 ALVIN TAY - By ALVIN TAY COMPETITION in the sluggish residential loan market is getting hotter with the launch of Citibank's Home Equity Financing (CHEF) on Monday, a scheme with a potential market of about $1 billion. The bank, which accounts for about 10 per cent of Singapore's569 words
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316 1984-09-29 1 AP UPI THE US government's main gauge of future economic activity rose a moderate 0.5 per cent last month, easing fears that the economy was sliding into a recession, the government reported on Friday. After two consecutive monthly declines, a thirdAP; UPI - 316 words
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Article, Illustration77 1984-09-29 1 SHARE prices on the Singapore stock market picked op yesterday in moderate trading. Volume traded was doubled to more tkan 15 million units against Thursday's eight million shares. Yesterday was the first day of the new settlement period as well as the last day for end of third-quarter77 words
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371 1984-09-29 1 MORE THAN 5,000 people made bankrupt in Singapore since 1948 have yet to settle their debts. The longest outstanding lOUs are from a dozen people made bankrupt in 1948, including a 69-year-old hairdresser and an 83-year-old shopkeeper. A government371 words
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135 1984-09-29 1 SINGAPORE has welcomed the newly-initialled agreement between China and the UK on Hongkong. A government statement issued yesterday said that with the return of Chinese sovereignty over Hongkong in 1997, a chapter in China's relations with the West has been closed. The statement noted135 words
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Article, Illustration534 1984-09-29 1 CHUANG PECK MING - By CHUANG PECK MING A TRIPARTITE task force is being deployed to look into ways to induce the re-employment of the elderly as a measure to overcome labour shortage. Among other things, it will take another look at the "desirability and534 words
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Page 1 Advertisements
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Advertisement167 1984-09-29 1 [•ASIA 184 ENEX CONFERENcF* •AND WORKSHOP SESSIONS Eminent technologists from 10 countries presenting the latest in electrical electronic engineering For more information, call lINTERFAMA PTE LTD Tel: *****12 j THE WHOLE GOLFING WORLD IS TALKING ABOUT... I- The Revolutionary Lightweight Clubs! the world's leader in golf club making is one167 words
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Advertisement283 1984-09-29 1 mm SHARE INFORMATION 10 RAW MATERIALS 4 MONEY EXCHANGES 5 SHIPS IN PORT 6 STRAWS IN THE WIND 6 CHARTPOINT 11 SOME remarkable improvements in productivity have been achieved by National Iron and Steel Mills, which spent about $100 million on various upgrading projects over the past five years. Page283 words
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Advertisement15 1984-09-29 1 Full report. Page 10 International stocks, 8 Asian stocks, Paga 9 Council support, Back Pago15 words
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Advertisement167 1984-09-29 1 ENEXASIAB4 South East Asia's sth Biennial International \J Electrical Electronic Engineering Exhibition 23 27 October 1984 World Trade Centre SINGAPORE An Interfama organised show Tel *****12 Wishful thinking? No! Wayfoong thinking It's a daydream we all have. A home of our own. It's not easy to turn that dream into167 words
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HOME NEWS
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Article, Illustration427 1984-09-29 2 FOO CHOY FENG - Final process of transfer of power taking place By FOO CHOY FENG THE TRANSFER of power from veteran politicians to the younger leaders now one of the hottest issues on the local political scene and a controversy within the ruling party will feature prominently427 words
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Article110 1984-09-29 2 THE PEOPLES' Action Party will soon shift its headquarters at Napier Road to the SLF Complex in Thomson. Its central executive committee has agreed to buy a floor of office space at the complex, which will also be the home of many unions when it is110 words
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230 1984-09-29 2 MR GOH CHOK TONG, Minister of Defence and Second Minister for Health, yesterday suggested the forming of a special committee to look into the problems faced by Malays in Singapore. He told his audience at the opening of a seminar organised by230 words
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248 1984-09-29 2 ECONOMIC and statistical reports from the Ministry of Trade and Industry (MTI) will be more speedily available with the help of a $4.6 million computer system. The system will also allow the ministry to plan, monitor and analyse the performance of248 words
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400 1984-09-29 2 ANNA TEO - By ANNA TEO SOME REMARKABLE improvements in productivity have been achieved by National Iron and Steel Mills (NISM), which spent about $100 million on various upgrading projects over the past five years. Productivity per man, the company's own measure of productivity, increased by 88 per cent400 words
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192 1984-09-29 2 THERE IS Increased participation In productivity programmes this year. Latest statistics from the National Productivity Board show that the total number of quality control circles (QCCs) registered with the board from 1982 to August this year was ZJBn, compared with 1,4€ l at the192 words
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Article, Illustration372 1984-09-29 2 CHUANG PECK MING - By CHUANG PECK MING THE GOVERNMENT has once again been urged to help the increasing number of aged handicapped engage actively in leisure activities. The call was made yesterday by Dr Wong Yip Chong, a consultant psychiatrist and medical372 words
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138 1984-09-29 2 SINGAPORE as a model of successful economic development will be discussed at a North-South cooperation convention next month. The president of the Singapore Jaycees, Mr Adrian Chew, said the Republic could show how it had overcome the problems of developing and developed nations through138 words
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246 1984-09-29 2 SHELL, Singapore's biggest refinery, is gearing up for more trading in petroleum products as profit margins in its traditional refining business decline. Like most of the Republic's refineries, Shell's 10 wharves had been underutilised due to fewer thirdparty oil to refine now.246 words
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Page 2 Advertisements
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Advertisement593 1984-09-29 2 (ti THE FUJI BANK, LIMITED (Incorporated in Japan) BALANCE SHEET AS AT 31ST MARCH 1984 Millions of yen March 31, 1984 1983 ASSETS Cash and Due from Banks 6,138,826 5,354,903 Call Loans 1,209,337 1,204,747 Securities. 2,761,432 2,574,658 Loans and Bills Discounted 12,934,387 11,615,196 Foreign Exchange 689,568 804,596 Other Assets 841,118593 words
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Advertisement24 1984-09-29 2 According to the Guinness Book off Records, the most comprehensive encyclopaedia is the ENCYCLOP/EDIA BRITANNICA Don't settle for less, Call STF Distributors Tel: *****28/*****4424 words
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OVERSEAS
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Article, Illustration314 1984-09-29 3 Reuter DEMOCRATIC presidential candidate Walter Mondale tried to raise the stakes at yesterday's meeting between President Reagan and Soviet Foreign Minister Andrei Gromyko by pressing for tangible results. "I do believe that there is an opportunity to make significant progress," Mr MondaleReuter; AP Photo - 314 words
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Article776 1984-09-29 3 ARRIVALS Operator Service Local From number time PAA PA5 0020 JFK/SFO/HKG CAL CI331 0150 TPE GIA G A1416 0410 HLP GIA GA7217 0635 HLP MAS MH68I 0820 KUL KAL KE624 0840 KUL CV CV796 0845 LUX/AUH MAS MH601 0905 KUL sv SV386 0910 JED/RUH MAS MH671 0935776 words
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243 1984-09-29 3 NYT A MILAN prosecuting magistrate has served 11 present and former employees of Citibank with notices of charges that they violated Italian foreign exchange regulations. The charges arise out of the David Edwards affair when one of Citibank's own foreign exchange tradersNYT - 243 words
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Article, Illustration420 1984-09-29 3 NYT JACQUES de Larosiere, managing director of the International Monetary Fund, said on Thursday that Third World countries would experience growth this year of 3.5 per cent, or more than twice their rate of growth in the past two years. He alsoNYT - 420 words
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277 1984-09-29 3 Reuter AMERICAN Treasury Secretary Donald Regan expects US interest rates would continue to decline and might weaken the buoyant dollar. Speaking on Thursday at a news conference marking the end of the International Monetary Fund and World Bank annual meetings, Mr Regan said: "I thinkReuter - 277 words
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174 1984-09-29 3 AP THE US ARMY issued an unprecedented appeal to the West German authorities to crack down on "anarchists and criminals" who are vandalising military installations to protest Nato manoeuvres. No new incidents were reported as hundreds of demonstrators in the strategic Fulda GapAP - 174 words
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456 1984-09-29 3 UPI TWO SOUTH-EAST Asians have been arrested by the FBI in a scheme to sell US$27 million in counterfeit traveller's cheques and US$lOO bills, federal officials said on Thursday. Mr William Foo, 36, identified as a Singapore broker, and Miss Yui Lai Wah, 25,UPI - 456 words
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607 1984-09-29 4 Potential US$l bn worth of contracts AFP BURMA has decided to tap its offshore gas reserves earlier than expected, raising hopes among international companies facing mixed fortunes in the Far East. They are eyeing a possible slice of an estimated US$l billion worthAFP - 607 words
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Article241 1984-09-29 4 AP A CONSORTIUM led by British Petroleum has struck oil in the South Yellow Sea, the Chinese have announced. But a spokesman for BP, previously luckless in its offshore China explorations, declined to comment. The China National Offshore Oil Corp in Beijing said onAP - 241 words
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229 1984-09-29 4 Reuter TALKS AIMED at liberalising world trade in agricultural products ended in failure yesterday after the European Economic Community rejected a draft framework for negotiations. The two-day meeting of the Gatt agricultural committee in Geneva was wound up earlier thanReuter - 229 words
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Article, Illustration347 1984-09-29 4 AP THE PHILIPPINE national assembly voted unanimously on Thursday to express "grave concern and grief" over a violent police crackdown on thousands of anti-government demonstrators as they were trying to reach the presidential palace. The assembly appealed to both protesters and police to exerciseAP; UPI Photo - 347 words
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Page 3 Advertisements
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Advertisement13 1984-09-29 3 (»W W1 Pan Am. Daily 747SPTo USA. It Flies Smoother, Faster And Quieter.13 words
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Advertisement624 1984-09-29 3 t (I 'A" SJ CHI)AN HUP MARINE LIMITED (INCORPORATED IN SINGAPORE) The Directors of Chuon Hup Marine Limited (the Company) are pleased to announce the audited results of the Company and the Group tor the year ended 30 June 1984. Latest Year To 30 June 1984 TURNOVER Investment and other624 words
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RAW MATERIALS
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Article154 1984-09-29 4 Chinese Produce Exchange (Sellers' noon closing prices on Sep 28 S$/100 kg) Coconut oil Bulk FOB 195 00 Old drum FOB 208 00 New drum FOB ***** Copra Mixed (loose) 105 00 buyers Pepper Muntok white FOB NLW 697 50 Sarawak white FOB faq NLW 690 00 Sarawak154 words
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Article115 1984-09-29 4 SOYBEAN FUTURES on the Chicago Board of Trade closed on or near the highs on Thursday, up IV/2 to three cents per bushel, with November posting a 10 cent range. Soyoil futures closed bid up the one cent per lb limit in October to 0.55 higher in deferreds, with115 words
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Article96 1984-09-29 4 WHEAT FUTURES on the Chicago Board of Trade rallied steadily all of Thursday to close two cents to one cent per bushel higher in moderately light trade. Corn futures closed mostly higher, ranging from down cent per bushel in December to up two cents in July. The outlook for96 words
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Article171 1984-09-29 4 MALAYSIAN CRUDE palm oil prices closed firm yesterday in fairly active trading on reports of India holding tenders since early in the day. However, traders were unable to confirm any Indian purchases. October deliveries in the north and south rose Ms4s and $40 respectively to $1,085 a tonne171 words
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Article289 1984-09-29 4 Singapore A-l special 227 (S$/kilo, ei-godown) Thai white C-l special C-l Ordinary Loonzam 100% unq unq 100% 1st doss first grade unq (kangaroo) 100% second grade 255 new crop 1 05 100% third grade unq 100% 2nd doss 100% 3rd doss 077 075 Parboiled 252 25% new crop No289 words
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Article317 1984-09-29 4 SINGAPORE The market closed sharply lower yesterday with October One RSS buyers quoted at 185.00 cents per kg, down four cents from Thursday's close. The morning session lost five cents on lower overnight London advices, speculative selling and long liquidation. The market recovered one cent in afternoon trading on317 words
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Article82 1984-09-29 4 THE Straits tin price in Pen&ng remained at the International Tin Agreement floor level price of M 529.15 per kg. The price has held at this level since July M. Sentiment was again dampened by a weak close in London on Thursday night, which widened Penang's premium to82 words
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Article167 1984-09-29 4 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoenix I6's 3.300 Blue Phoenix 20'$ 3,500 Blue Phoenix 32's 3,850 Blue Phoenix 40's 4,250 Carded yorn, hank Blue Phoenix 2l's 3,550 Combed yarn, cones Blue Phoenix 32's 5,000 Blue Phoenix 40's 5,250 Open-end yarn Blue167 words
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Article108 1984-09-29 4 (cents/Wg, 1-to" pollets) October November (current mth) (forward mth) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 180 50 I82 50N 181 50 183 50N SSR 50 178 50 180 SON 179 50 181 SON MRELB Buyers Sellers Buyers Sellers SMR CV 212 00 2I400N *****108 words
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Article338 1984-09-29 4 RAS prices (in S cents/kilo, FOB in boles) NOON CLOSE Buyers Sellers 8uyers Sellers lot 1 RSS pfompt 180 00 181 00 182 00 183 OON lot 1 RSS Oct 183 00 184 00 185 00 186 00 lot 1 RSS Nov 185 00 185 50 ie6338 words
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Article696 1984-09-29 4 COFFEE Robusta futures yesterday ended a quiet session £27 to £6 a tonne lower, with November trading last at £2,368, down £6 from Thursday and compared with a morning range of £2,360 2,370. Values opened lower, with sentiment depressed by the New York close, where values failed to696 words
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Page 4 Advertisements
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Advertisement96 1984-09-29 4 o SCREEN PRODUCTS PTE LTD, subsidiary of VAN DER HORST LIMITED announces that Mr Ted M N Brondgeest is no longer in the employment of the Company since 13th July 1984 and that the Company is a different entity from Brondgeest Oil Tools Ltd, Brondgeest Oil Tools Pte Ltd, and96 words
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BANKING AND FINANCE
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Article760 1984-09-29 5 SINGAPORE: The US dollar closed narrowly mixed yesterday against most major currencies after fluctuating within a small range in quiet trading due to end-quarter factors. The quarter point prime rate cut by some US banks and the $3.4 billion fall in latest US M-l money supply had no760 words
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Article253 1984-09-29 5 Interbank rates at 3pm Curranciae Nominal ral IM Smithsonian quoted yaai 1 or day crOM parity change Local dollars to one unit of foreign currency US dollar 2 1625 2 1635 2 8196 23 30 Sterling pound 2 6944 2 6978 7 3469 -63 33 Australian dollor 1253 words
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Article184 1984-09-29 5 HONGKONG The metal closed steady at its opening level of U*****.20/70 an ounce, slightly above New York's close of $343.75/344.25. It moved in a $1.50 range in thin trading influenced by lack of activity on the local forex market. On the local market, gold finished HK$3.OO below Thursday's close184 words
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Article121 1984-09-29 5 THE OVERNIGHT rate rose by 7/16-point to close at 8 7/16 per cent on the Singapore interbank money market yesterday. Term rates for the one, two and three-month maturities eased by 1/16-point each, compared with Thursday's close. S$ interbank rates at 3pm yesterday Offer Bk) Overmght 8 7/16121 words
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Article87 1984-09-29 5 RESULTS OF TENDER held yesterday for (a) 91-day Treasury bills to be issued on Oct 1 and from Oct 3 to Oct 5; (b) 182-day bills to be issued on Oct 1: Offered: (a) $120,000,000; (b) 20,000,000. Applied for: (a) $130,000,000; (b) 72,000,000. Allotted: (a) $120,000,000; (b) 20,000,000.87 words
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Article357 1984-09-29 5 BA Futures Inc A CUT in the prime rate by several large US banks, low federal funds rate and a slightly higher expected fall in money supply were bullish factors behind the Eorodollar futures yesterday. December Eurodollar opened at 88.62, six ticks higher than previous close. The bullishness carriedBA Futures Inc - 357 words
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481 1984-09-29 5 PENG AILIAN - By PENG AILIAN THE WATERSHED years in the reinsurance business brought on by the oil crisis in 1978 have forced signlicant changes on the business in Asia. Local reinsurers should respond by taking a more active and longer-term view in shaping their business481 words
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181 1984-09-29 5 FT THE Canadian authorities are investigating crossshareholdings between banks, trust companies and insurers in the wake of concern that some financial institutions have recently bought significant blocks of shares in others. The Inspector-General of Banks and the Superintendent of Insurance have asked institutionsFT - 181 words
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Article180 1984-09-29 5 UPI PHILIPPINE negotiators will meet major lender banks next week for the first time in almost a year and they hope to complete refinancing of the country's US$25 billion in foreign debt soon. Finance Minister Cesar Virata said in Washington on Thursday: "We areUPI - 180 words
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Article, Illustration204 1984-09-29 5 Asian market ASIAN dollar deposit rates closed steady yesterday at mixed opening levels in quiet trading. HXCATES the image of the prime lendnt rates of 12 major baits oporatin( in Singapore Interbank deposit ratM us$ Offer Bid 7 days 11 1/16 10 15/16 1 month 11 1/8 11 2 months204 words
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153 1984-09-29 5 Bernama MALAYSIAN banks are still cautious about financing exports to non-traditional markets in spite of a government-led drive to push sales into these areas. Government exhortations aside, banks have to consider many factors to safeguard their positions and clients, according to banks contacted in KualaBernama - 153 words
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Page 5 Advertisements
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Advertisement65 1984-09-29 5 Golden Pfioenix CHAO ZHOU GARDEN RESTAURANT 6th Storey, UIC Building, Shenton Way, Tel: *****55 (6 Lines) illl m a a s V r" V 0 (iot<U*n IMiorni.v Sichuan s, h,,M Hotel Equatorial UUlSine 429 Bukit Timah Road Tel *****31 (iol<l<»n l'ho<»iii.v Sichuan ItcNlniminl (Wil l 4th Storey World Trade Cent65 words
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Advertisement355 1984-09-29 5 unrreo hiotor works [mataysia] Hounngs BemaD (Irtcorpofated m Malaysia) INTERIM ANNOUNCEMENT OF RESULTS FOR THE SIX MONTHS ENDED 30TH JUNE 1984 The Board of Directors announces the following unaudited results of the Group and Company for the six months ended 30th June 1984 GROUP Turnover Investment And Other Income Operating355 words
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FEATURES
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Article479 1984-09-29 6 THIS LITTLE island of ours is teaming with fictional animals, it would seem. Teamy the bee, probably the best-known of them, is due to make its, third grand appearance in November to convince workers that productivity is the key to survival. Preceding him with hands outstretched479 words
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Article, Illustration1013 1984-09-29 6 LORETTA MCLAUGHLAN - Hotels having a hard time can look forward to more of the same with the crunch coming in 1986 By LORETTA MCLAUGHLAN IF SINGAPORE'S hoteliers are unhappy now, they should brace themselves. Business is going to get even tougher this year. And the crunch comes in1,013 words
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Article261 1984-09-29 6 The North-South Olympic dialogue WHILE the two Germanys seem to be on the road to reconciliation, the relationship between the two Koreas is as frosty as ever, if a news pamphlet sent to us by the Embassy of the Democractic People's Republic of Korea (North Korea)261 words
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Article985 1984-09-29 6 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Operator Gdnt FCL 1 Location Thana Bhum I38N 299.84 2300 S'pore Shpg FSB 1000-1100 Kl Asia Star 28A 29.9 84 2300 Bosutead FSB 0900-1100 U4 Jenwel 30/84 29.9 84 2300 Thong Soon FSB 0900-1100 B7 Zim985 words
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Page 6 Miscellaneous
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Miscellaneous1230 1984-09-29 6 r to m mm HIGHLIGHTS Centrestoge All's Well That Ends Well 8.35 pm All's Well That Ends Well is one of Shakespeare's dark comedies or problem plays, and marks a significant departure from the playwright's earlier romantic comedies. It is a lesser-known play with many facets of unrequited love, class1,230 words
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SPORTS
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Article, Illustration917 1984-09-29 7 BRIAN MILLER - By BRIAN MILLER EVERYONE'S saying that tomorrow's running of the Singapore Gold Cup is a puzzle, a wide-open affair with something like a dozen horses having claims or claiming to have claims to the rich prize. In a way, this is fine with me and917 words
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393 1984-09-29 7 JOHN B KING will be the golfer under the most pressure this weekend. The 14-handicapper who is captain of the Warren Golf Club, will take on 110 golfers in a unique Captain Day's competition at the club course today. The 110393 words
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TIME-OFF
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Article, Illustration493 1984-09-29 7 WALTON MORAIS - Nothing harmonises but a Tokyo concept in dining goes down well By WALTON MORAIS WE WERE trying to get to the Key West Cafe. Getting there was a problem. The wind vane on the Zeppelin airship pointed north-east contradicting the little red arrow which simply pointed493 words
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Article222 1984-09-29 7 CARTTER'S 1984 collection rediscovers the yellow sapphire. An exhibition of select pieces from the collection will be on at the Les Must de Cartier boutique in the Pavilion Inter-Conti-nental Hotel. Some of the more unusual pieces are a black pearl necklace with a 30.44 carat yellow222 words
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Article290 1984-09-29 7 CONCERTS Singapore Symphony Orchestra Choral Concert soloists: Martina Maixnerova, Koh Joo Ann, Ruth Anne Zimmeran, David Lim, Eng Meng Chia. Programme includes Mozart's Symphony No 36 in C, Schubert's Mass No 2 in G Major and Fantasy for Piano, Orchestra and Chorus by Beethoven. Tonight at Victoria Concert290 words
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Page 7 Advertisements
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Advertisement284 1984-09-29 7 BOUSTEADCO SINGAPORE LTD INTERIM STATEMENT The Board of Directors of Bousteadco Singapore Limited wishes to announce the unaudited results for the six months ended 30 June 1984: Group Company After charging: Interest on borrowings Depreciation and amortisation Earnings per ordinary share (cents) (see note 5 below) 1.53 (1.85) 1. Directors'284 words
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Page 7 Miscellaneous
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Miscellaneous756 1984-09-29 7 tmwkwm CRYPTIC PUZZLE ACROSS 9 The little creature had run in for asylum (8) 10 To love over much (3) 11 Warning her about the reverse of "10 Across" (6) 12 A little sun-ray (6) 13 Once in California, make a secret of the fact (7) 14 Skedaddles when there756 words
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INTERNATIONAL STOCKS
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275 1984-09-29 8 Reuter DUNLOP Holdings PLC has announced higher group pre-tax profits of £16 million in this year's first half, compared with £2 million previously. Turnover was £790 million (£B2B million). After tax of £14 million (£l5 million), net profit amounted to £2 million (loss ofReuter - 275 words
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180 1984-09-29 8 Reuter THE PRE-TAX profit of Inchcape PLC for the six months ended June 30 increased by 46.7 per cent to £35.96 million from £24.51 million in the same period last year. Turnover was £912.34 million compared with £839.64 million. Earnings per shareReuter - 180 words
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314 1984-09-29 8 UPI THE stock market rose on Thursday after most major US banks cut their prime lending rate but sluggish trading indicated investors were uncertain about the US economy. Big investors put some of their money into utilities stocks and bonds to lockUPI - 314 words
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Article137 1984-09-29 8 strr 27 c$ Imp CM 43 15% -to -M kit Pro* PSpa 32% 34 H tr* Ut» 21% inch 21H kit* NKkd unch Karr Add 15% Bonk Novo Scofw M T*l 12V* 32% Lototow B 17 3% unch BP Con Ltd 28 Mc BkxM 25 32% unch 17 to137 words
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Article198 1984-09-29 8 «rr 17 INOUSl loud r?s 3 rtlALS Un StMt UtlMC 100 500 -2 inch A AJpho Abarcom 7856 135 unch 5 unch Woohvorth 1275 MININGS 2325 25 Amaprop 3206 AngKoal ***** unch 850 -75 AMIC 2525 1090 25 •10 Bhryoor* Buftafe 8050 ***** Chartar 470 10 180 Cora Gold198 words
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Article619 1984-09-29 8 urr 27 US$ ACT Mmirat Akon AJumn Alcoa Lud Aktd Cham Cp AM Storm Afe-Chofcnan Am Brandt Itk Am Broodcost Am Can Co Am Cyanarrad Am Elac Pwr Am Express Am Horn# Prod Am Motors Cp Am Natural Got Am Tal Tat Amox he Amarodo Ha» AAAf Inc619 words
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Article878 1984-09-29 8 Amsterdam strr 27 Fk ABN 333 00 +6 A»gon 126 50 I AhoW 194 50 -15 Akxo 98 40 0 7 AMfV 178 20 -1 3 Amfo* 65 80 0 3 tWi 41 50 -15 Boh 99 50 05 Boru*r*( 272 50 +10 Bo»ko Cotorvd 3290 -0 1878 words
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Article35 1984-09-29 8 Reuter GROSS trading profits of British companies in the second quarter of this year were around 20 per cent higher than in the same 1983 quarter, the Central Statistical Office said.Reuter - 35 words
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Page 8 Advertisements
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Advertisement208 1984-09-29 8 H I? T, Si _The Summer ftdace. pmudK preserite a speiul kjivhtwi menu YJe can think of sixteen reasons why uou should try our unique new menu... Braised fish maw soup with crab meat, braised fungus soup with assorted meat, braised bean cuni with vegetables, braised diced chicken with fresh208 words
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Advertisement90 1984-09-29 8 Spectacular Double Bill fcv Cedric V Debbie il Kathy Los Amors excitement hits ROBIN S TAVERN Two popular groups entertain from 5.15 p.m. onwards. A single group performs on Sundays and Mondays. 25% discount on all drinks. Offers are valid during Happy Hours .Ji? 4.00 7.00pm only. •A- HOTEL ASIA90 words
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Advertisement146 1984-09-29 8 The President Lounge presents 71 *>; *•'4 v*> m The Nightingales, a captivating all-pri hand from Taiwan will sing your favourite numbers while you unwind after a hard day's work with a favourite drink Relax with The Nightingales and The New Senutions our throbbing resident band Hours: Dailv President's Ipm146 words
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Advertisement119 1984-09-29 8 MEMBERSHIP FEE Single $15.00 per month Couple $25.00 per month Family $30.00 per month Group/Company Negotiable ENTITLEMENTS: Exclusive use of the Swimming Pool on 3rd Floor of the Hotel from 8:00 a.m. to 9:00 p.m. 10% Discount on all meals in Cafe De Grand. 10% Discount on all drinks in119 words
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Advertisement148 1984-09-29 8 London stocks, Psgs 11 15 2ill LOMMgB Sip a glass of the world s finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with Keyboard wizard, Danny Koh and our resident band. The Pintos Trio. ORpwn <•> PRINCE HOTEL Continuing tttr rnnce Hotrt148 words
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ASIAN STOCKS
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Article359 1984-09-29 9 TOKYO: Late profit-taking wiped out most early gains yesterday, but the market closed marginally higher for the fifth straight session. The market average rose 5.38 to close at 10,649.25 after Thursday's 23.81 gain on moderate trading of 360 million shares against 370 million on Thursday. The Tokyo Stock Exchange359 words
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Article73 1984-09-29 9 Sep 28 Won 656 unch Hyundai Motor KAL 615 490 -3 1 Choheing 8k Commercial 8k 625 665 566 1 -5 -4 Korea Oil Korea Ship 1243 438 760 -7 4 Daewoo Corp 481 3 3 720 unch Dong Ah 691 703 -4 +2 Samsung Elec Samhwon 810 135573 words
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Article386 1984-09-29 9 SYDNEY: Share markets closed higher yesterday as investors re- sponded to postive news from abroad and on speculation of further rises on Wall Street. At 1515 local time, the All Ordinaries Index was 5.7 up at 739.2, the All Industrials 5.6 higher at a record 1,053.0 and the All386 words
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Article103 1984-09-29 9 MANILA: Share prices closed generally easier in dull trading yesterday. The Commercial and Industrial Index firmed 0.14 to 105.03 while the mining marker eased 0.93 to 915.82 and oils fell 0.004 to 0.625. SEPT 28 Pnoi ***** Oriental B PM Oversea* Phrfex B 0012 0 0055 0.12 0001 inch103 words
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Article429 1984-09-29 9 HONGKONG: Share prices reversed early gains to close lower yesterday. This was mainly due to concern over the interim results of Jardine, Matheson Co Ltd. After the market close, Jardine reported a sharp fall in interim 1984 net profits to HK$56 million from $101 million in first half 1983,429 words
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Article156 1984-09-29 9 BANGKOK: Share prices closed higher yesterday in moderate trading. The Book Club Index rose 0.15 to 119.20 as advances led declines by a three-to-two margin. Turnover rose to 270,336 shares worth 35.7 million baht compared with 117,015 worth 13.8 million on Thursday. SEPT 28 ■otits S«am City Cement 426156 words
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Article186 1984-09-29 9 Reuter BRITISH Petroleum Co of Australia said its audited net profit rose to A 513.95 million in the six months to June 30 after a loss of $74.31 million in the same period last year. The turnaround was attributable mainly to lower non-trading costs. Turnover fellReuter - 186 words
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375 1984-09-29 9 Reuter DISCUSSIONS between Nicholas Kiwi and a foreign group have reached an advanced stage and shareholders are recommended not to sell pending a further announcement. Nicholas Kiwi says the transactions being discussed will result in direct benefits to shareholders which are at least comparableReuter - 375 words
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Article89 1984-09-29 9 Reuter JARDINE, Matheson and Co Ltd is unlikely to show a profit increase this year because of high interest rates, unfavourable exchange rates and disappointing results from its international division, said chairman Simon Keswick. Jardine, which earned HK$l39 million in 1983, earlier reported a halfyearly netReuter - 89 words
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Article58 1984-09-29 9 Reuter CONIC Investment Co has decided to postpone a board meeting scheduled for yesterday to a date yet to be fixed, according to a statement by the Hongkong Stock Exchange. The company has been in financial difficulties. The statement says the meeting was postponed as a capitalReuter - 58 words
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Corporate round-up
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Article99 1984-09-29 9 FOUR major Japanese companies will take part in a project to build a suspension bridge over the Chao Phya River in Thailand, industry sources say. Hitachi Shipbuilding and Engineering Co, Tokyu Construction Co, Kobe Steel and Nissho-Iwai Corp have signed an agreement with Thailand's Expressway99 words
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Article86 1984-09-29 9 HSIN Chong Properties and Hsin Chong Holdings say a wholly-owned subsidiary of Hsin Chong Properties has defaulted on the advancing of funds for an interest payment. The advance, which property industry sources put at HK$2 million, was due for the payment of interest on a loan86 words
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Article60 1984-09-29 9 Agencies DAI Nippon Printing Co, Japan's biggest printing company, reported increases in consolidated net profit and sales for the year ended May 31. Net profit rose by 1.5 per cent over the preceding year to U5596.3 million on $2.8 billion sales, up 8.6 perAgencies - 60 words
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Page 9 Advertisements
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Advertisement509 1984-09-29 9 A T N m Ji* <.*>' f*: > £i*-r? ILd; Slfe# 'V:". M .v"• ■•J- !K*W COME on a gourmet adventure beneath the starlit sky 4 M gteamboat hvor> Sunda\ 6pmto 11 pm A Sr. x >» For two: $28 For tour: $56 For six SHi Contact* A delicious choice509 words
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Advertisement105 1984-09-29 9 Mm UstaJ NOW OPEN FOR BUSINESS Where Peking Sichuan Cuisines Reach the Very Peak of Perfection. Where Every Dish is Carefully Created By Our Master Hong Kong Chefs. At the Cairnhill Hotel. Lunch time: 11:00 am 3:oopm Dinner time: 6:oopm 11:00pm feffJEfflTff f MOlM_ 19 Cairnhill Circle Singapore 0922 Tel:105 words
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SHARE INFORMATION
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Article, Illustration4397 1984-09-29 10 SHARE prices on the Singapore stock market closed higher yesterday for the fourth consecutive day this week in active trading. The market closed with the BT Composite Index at 805.31, up 2.49 points from Thursday's close. The Straits Times Industrial Index chalked up4,397 words
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Article266 1984-09-29 10 SINGAPORE Rises U O 1 410 H Leong Credit 590 DuH De. 470 Allied Choc 260 Acmo 224 M A A 1500 MlF Hldgs 50< 240 Spore Lond 392 OCIC 955 M Bonking 890 Fall* 50 40 28 24 23 20 13 12 10 10 Indices Sep266 words
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Article371 1984-09-29 10 SHARE prices closed on a steadier note at the Kuala Lumpur stock market yesterday in active trading. Turnover improved to 6.39 million units valued at M 515.27 million from Thursday's 4.87 million shares worth $11.93 million. The market opened on a firm note in371 words
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Article4003 1984-09-29 10 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets In lots of 1.000 units unless otherwise specified. All Time SetUement Contracts are quoted after the word "SETT".4,003 words
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Advertisement8 1984-09-29 10 Business done on the KLSE c Seepage 118 words
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COMPANY NEWS
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Article, Illustration222 1984-09-29 11 HOCK LOCK SIEW THE last time I reviewed the technical picture for F&N shares on June 2, its price had just fallen below the $6 level (CD) from a wide trading band and was headed lower. Readers were advised to tread carefully as the downside riskHOCK LOCK SIEW - 222 words
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337 1984-09-29 11 LORETTA McLAUGHLAN - By LORETTA McLAUGHLAN IT LOOKS as if Bousteadco Singapore Ltd is over the worst. Two years after plunging into the red, the group is showing signs of steady recovery. But in spite of a 42 per cent rise in group pre-tax profits to $736,000 on337 words
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Article103 1984-09-29 11 HONGKONG Australian Industrials Hang Seng Index Friday 1053.0 Thursday 1047.4 Friday 1002.50 Week ago 1036.0 Thursday 1014.98 Week ago 1002.13 NEW YORK Dow Jones TOKYO Thursday 1216.76 Wednesday 1212.12 Tokyo Dow Jones Week ago 1213.01 Friday *****.25 Standard and Poors Thursday *****.87 Thursday 166 96 Week ago *****.34103 words
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Article222 1984-09-29 11 Managers' prices for Sep 29 Oct 1 Second B'putro Third B'putro Fourth B'putro 506 4 19 465 5 11 424 4 70 Singapore Unit Trust Fifth B'putro Sixth B'putro 3 14 305 3 19 3 10 The Commerce 2 87 3 05 Seventh B'putro (A) 2 14 2222 words
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Article1024 1984-09-29 11 EQUITIES ended the last day of the account lower on news that the UK pit foremen's ballot had authorised strike action if necessary, dealers said. The FTSE 100 Index, which touched a record 1146.0 yesterday morning, was 4.8 points lower at 1139.3 at 3.30pm. Government bonds closed easier1,024 words
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354 1984-09-29 11 By WALTON MORAIS MALAYSIAN property consultant Koo Siew Koon has taken his dispute with Paper Products (M) Bhd a step further by slapping a libel suit on the latter's holding company, Chandan Holdings Sdn Bhd. In his suit filed in the Kuala Lumpur354 words
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668 1984-09-29 11 CHAN OI CHEE - By CHAN OI CHEE TWO listed companies controlled by the Hong Leong group of Malaysia have unveiled record earnings for the year ended June 30. Finance-based Hong Leong Credit Bhd saw group pre-tax profits more than doubled to M 535.55 million (from668 words
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474 1984-09-29 11 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI REAPING the benefits of its aggressive branch expansion policy, Malayan Banking Bhd has turned in a set of impressive results for the year ended June 30, 1964. The second largest banking group in Malaysia chalked up a 21 per cent474 words
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Advertisement6 1984-09-29 11 See back page for latest results6 words
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Advertisement379 1984-09-29 11 TUAN SING HOLDINGS LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT 1984 INTERIM RESULTS Unaudited Financial Results for the half year ended 30 June 1984 Half year ended 30 June 1984 Half Half year ended 30 June 1983 Tuan Sing Group Post-ocquisition excluding SPPL share of SPPL Group Group Company379 words
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402 1984-09-29 12 LISA LEE - Part of franchise holder's assets to be auctioned By LISA LEE LONG JOHN Silver's may soon change its flagship as its present captain flounders in debt. Some assets of Tarisco Pte Ltd, the franchise holder of Long John Silver's Seafood Shoppes, will be402 words
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338 1984-09-29 12 Bernama THE MALAYSIAN Education Ministry is taking a serious view of the fatwa (ruling) said to have been spread in institutions of higher learning that it is haram for girl students to hold discussions with men lecturers. Its public relationsBernama - 338 words
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Article, Illustration467 1984-09-29 12 FOO CHOY PENG - By FOO CHOY PENG PAP CANDIDATE Mrs Yu-Foo Yee Shoon does not have to start from the beginning when she embarks on her political apprenticeship under a Member of Parliament in the next few days. Her 13 years in the467 words
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Article95 1984-09-29 12 Reuter STRIKING miners in Britain's biggest coalfield ambushed a police convoy yesterday, overturning vehicles and stoning men and dogs as they emerged. Police said eight officers and two pickets were hurt when hundreds of strikers attacked the convoy at a barricade outside Silverwood Colliery, South Yorkshire. ThereReuter - 95 words
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278 1984-09-29 12 NYT INTEREST on the fast rising debt of the US government is now the most rapidly growing element in government expenditure, and could be costing the treasury US$2l4 billion by 1989, the Congressional Budget Office (CBO) says in a new report. The CBO hasNYT - 278 words
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LATEST RESULTS
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Article56 1984-09-29 12 For the year ended June 30, 1984, a better than forecast group pre-tax profit of $21.33 million ($14.2 million) on group turnover of $79.63 millin ($64.64 million). EPS is 24.8 cents and directors have recommended a first and final dividend of 7 1/2 cents tax exempt56 words
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Article44 1984-09-29 12 For the year ended June 30, 1984, group operating losses before tax of $2.99 million ($2.48 million) on turnover of $51.99 million ($53.90 million). Loss per share of 4.1 cents (2.9 cents). Directors do not recommend the payment of any dividend.44 words
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Article37 1984-09-29 12 For the six months to June 30, 1984, group pre-tax profit of $216,000 (group operating loss of $2.02 million) on turnover of $7.58 million ($20.83 million). Loss per share of 0.5 cents (2.3 cents).37 words
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Article38 1984-09-29 12 For the first six months to June 30, 1984, group operating loss of $90,000 (loss of $295,000) on group turnover of $12.34 million ($11.46 million). Loss per share of 0.14 cents (0.49 cents).38 words
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Article33 1984-09-29 12 For the six months ended June 30, group net profits of $723,000 ($329,800) on turnover of $17.72 million ($16.73 million). EPS of 1.51 cents (0.69 cents). No interim dividend.33 words
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Article52 1984-09-29 12 For the year ended June 30, 1984, group pretax profit of $7.39 million on group turnover of $33.67 million. EPS of 27 cents. Final dividend of six cents per share before tax. No comparable figures were given since this is the company's first year as a52 words
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Article27 1984-09-29 12 Group loss before tax of $1.89 million ($894,000) on turnover of $31.24 mil- lion ($28.45 million). Loss per share of 10.55 cents (5.56 cents).27 words
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Article37 1984-09-29 12 For the half year to June 30, 1984, group pre-tax profit of M 51.91 million ($3.90 million) on group turnover of $65.44 million ($58.57 million). EPS of 5.9 cents (12.7 cents).37 words
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33 1984-09-29 12 For the half year ended June 30, 1984, group loss before tax of M 53.63 million (profit of $3.03 million) on consolidated turnover of $14.11 million ($24.24 million).33 words
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33 1984-09-29 12 For the half year ended June 30, 1984, group loss before tax of M 57.49 million (group pre-tax profit of $616,000) on sales of $48.35 million ($36.99 million).33 words
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Article49 1984-09-29 12 For the half year ended June 30, 1984, group pre-tax profit of M 56.02 million ($356,242) on turnover of $31.86 million ($4.24 million). EPS of 2.3 cents (0.8 cents). As Landmarks Corp Bhd was only acquired on July 1, 1983, the results are not strictly comparable.49 words
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Article33 1984-09-29 12 For the six months to June 30, 1984, group pre-tax profit of M 5664,095 (group operating loss of $1.68 million) on turnover of $7.92 million ($4.49 million). No interim dividend.33 words
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Article26 1984-09-29 12 For the first six months to June 30, 1984, pre-tax profit of M 5382,000 ($381,000) on turnover of $31 million ($25.40 million).26 words
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51 1984-09-29 12 For the six months ended June 30, 1984, group loss of M 52.91 million (pre-tax profit of $10.88 million) on turnover of $545.78 million ($600.26 million). Loss per share of 6.3 cents (EPS of 3.5 cents). No interim dividend has been declared (five cents51 words
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388 1984-09-29 12 INCREASED credit operations by commercial banks in July brought total lending to peak levels of close to $36 billion. The latest monthly statistics from the Monetary Authority of Singapore show that the bulk of this increase was attributable to loans to388 words
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Article, Illustration282 1984-09-29 12 Reuter INDONESIA is deeply disturbed by an increasing naval build-up and the rapid development of new naval arms systems. It is also concerned that the Indian Ocean is becoming an area of "unbridled strategic competition" that threatened the security interests of neighbouring states. Addressing theReuter - 282 words
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Article112 1984-09-29 12 AP MEMBERS of the Executive Council, Hongkong's top-policy making body, yesterday gave unanimous support to the SinoBritish draft accord that returns the British colony to China in 1997. Senior unofficial member Sir Sze-Yuen Chung described the pact as the best possible under Hongkong's unique circumstances. HeAP - 112 words
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Article73 1984-09-29 12 STOCK prices on Wall Street slipped lower in early trading yesterday. The Dow Jones Industrial Average declined more than four points to above 1212. In the broader market, losing issues outnumbered gainers by a ratio of about four to three. Topping the actives list was Southern California73 words
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LATE FILE
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Article84 1984-09-29 12 AP A SUSTAINED recovery of the Malaysian economy for the rest of this year appears unlikely because of developments in the United States, former Malaysian finance minister Tan Siew Sin said yesterday. Tun Tan, now chairman of Consolidated Plantations, said in the annual report of theAP - 84 words
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Article56 1984-09-29 12 Bernama ANOTHER international class hotel is coming up in the Batu Ferringhi beach resort to boost the tourism industry in Penang. The hotel, Pan Pacific Bayview Hotel, owned by Bayview Hotels Sdn Bhd, is expected to be completed in time for the 35th Pata conference toBernama - 56 words
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Article63 1984-09-29 12 Reuter FOREIGN companies in Japan are more profitable than their Japanese counterparts because of better market research, stronger brand names and avoidance of declining industries, the Trade and Industry Ministry said. A survey of 1,512 foreigncontrolled companies found their average 1982/83 current profit sales ratio was 2.3Reuter - 63 words
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Article51 1984-09-29 12 Reuter AT LEAST 80 people were killed and about 40 injured in an explosion which ripped through a Pakistani village market near the border with Afghanistan, government officials said yesterday. Officials could not say what caused the explosion on Thursday at Tri Bazaar in Kurram administrative district.Reuter - 51 words
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Article62 1984-09-29 12 Reuter HUNDREDS of Australian dockers went on strike in Darwin yesterday when the US nuclear-powered submarine Aspro arrived on a goodwill visit, union officials said. The walkout stopped loading of all ships in the northern port. The union said the stoppage would last until theReuter - 62 words
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Advertisement774 1984-09-29 12 .``})>~'!^)[>%{.}~+-%^.\|<<|$,@ Outlook for todoy: Cloudy; showers in the late morning and early afternoon. Report for 24 hours prior to 7 30pm on Sep 28 at the airport: Maximum temperature 32.1 Associated humidity 67 Minimum temperature 24.9 Associated humidity 98 Hours of sunshine 8.05 Rainfall in millimetres trace Rainfall this month774 words
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