The Business Times, 3 June 1986
1986-06-03
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The Business Times
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Title Section12 1986-06-03 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, JUNE S, IMS 75 CENTS12 words
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Article, Illustration473 1986-06-03 1 AMY CHEOK - Advances outnumber falls 172 to two By AMY CHEOK BUYERS THRONGED the Singapore stock market yesterday, sending share prices soaring across the board to their best levels in more than five months. The strong buying mood, which swept the market right from the opening bell,473 words
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191 1986-06-03 1 PRIME MINISTER Lee Kuan Yew will go ahead with his official visit to South Korea later this month but his trip to Japan has been cancelled. BT understands that the cancellation is due to the timing of the Japanese191 words
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322 1986-06-03 1 ALMOST FOUR in ten unionised workers in both the private and public sectors have agreed to a wage standstill (or this year, according to the latest issue of The Singaporean, a publication by the National Trades Union Congress. Figures compiled by the322 words
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129 1986-06-03 1 STOCKBROKING FIRM City Securities has been given another extension by its creditor banks, this time for one month, to sort out its financial problems. The previous dateline granted by the banks expired yesterday. At a meeting with the banks over the weekend, City Sec129 words
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122 1986-06-03 1 AFP A MEMBER OF the commission drafting a Philippine constitution has formally proposed that the Malaysian state of Sabah and some of the Spratley islands be declared part of the country. The proposal by former MP Hilario Da vide was filed a few hoursAFP - 122 words
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202 1986-06-03 1 AFP INDONESIA'S President Suharto has ordered that smuggling be classified as subversion, which carries the death penalty. Cabinet Secretary Murdiono, speaking to reporters in Jakarta yesterday after attending a special meeting the President held with top law enforcement officials, said: "With the countryAFP - 202 words
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95 1986-06-03 1 AP IN A BID to boost foreign investment, Indonesia has announced an investment priority list that offers a wider range of business for foreign capital. According to the new list yesterday, 926 out of 1,354 areas of business available in the countryAP - 95 words
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261 1986-06-03 1 SENIOR Asean officials are having a brainstorming session in Singapore to lay the groundwork for next year's Asean heads of state summit. The three-day special meeting, which began yesterday, will assess the performance of Asean since its formation in 1967 and its future directions.261 words
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366 1986-06-03 1 DAVID GABRIEL - By DAVID GABRIEL MR JUSTICE TS Sinnathuray begins a public inquiry today into allegations of government interference in the subordinate judiciary. The hearing will be at the Court of Appeal, Supreme Court Building. Convening at 10.30 this morning, the Commission of Inquiry was366 words
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Page 1 Advertisements
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Advertisement141 1986-06-03 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Before 'Link' Specialist in HAIR WEAVING HAIRCARE At Link Hair Care we put back that extra link in your hair, helping you to restore that natural look again. We will link your hair with LINKS (where you've lost yours) and you will look as141 words
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Advertisement249 1986-06-03 1 Incomplete disclosure* in wage talks, Back Page SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE TV A RADIO OUR VIEW WHATEVER SIGNS OF ECONOMIC RECOVERY there may be for Singapore, the fact remains that it is still not a very competitive business centre. It will take a few years249 words
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Advertisement107 1986-06-03 1 Laador, Pag* Mora details, Pag* 13 Asian stocks, Pago 11 Now there's an easier way to mo*re your gokl around the world. Global Gold Certificates from Singapore's biggest banking group. The most flexible gold certificates in the world. Not only can you buy them in one country' and cash them107 words
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Advertisement53 1986-06-03 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM $110 m plan brought forward S3 if The Port of Singapore Authority's $110 million expansion programme for its two container berths has been brought forward in the light of encouraging gains made from tariff concessions granted over the past year. See details in Shipping53 words
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HOME NEWS
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Article487 1986-06-03 2 MONICA GWEE - Advertising agencies to operate under one roof By MONICA GWEE THE SINGAPORE office of advertising agency Doyle Dane Bernbach (DDB) will merge its operations with Needham Standard this month following the mega-merger of their parent agencies in the US in April. The managing directors of487 words
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364 1986-06-03 2 JOB PROSPECTS for mechanical engineering graduates from the Polytechnic are still good and the fear that such jobs are scarce is "unfounded". However, Ngee Ann Polytechnic students were also urged yesterday to "look afar" towards other countries in their search for364 words
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Article154 1986-06-03 2 THIS YEAR'S Ideal Home exhibition will be held from Dec 6 to 14 at the World Trade Centre. The exhibition area has been increased from 4,500 sq m last year to 5,500 sq m, of which 70 per cent has already been booked. Contests such154 words
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Article490 1986-06-03 2 Seminars and courses DURATION Jun 16-20 Jun 16-20 Jun 16-20 Jun 16-27 Jun 17Sep 19 Jun 18-20 Jun 18Jul 2 Jun 19-20 Jun 19-20 Jun 20-21 Jun 20Jul 4 Jun 21 Jun 23 Jun 23-24 Jun 23-25 Jun 23-26 Jun 23-27 TITLE Identifying Training Needs Interfacing the MC***** Troining490 words
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416 1986-06-03 3 LAVISH GIFT PACKS are most successful for Scottish distiller Whyte A Mackay, which holds 16 per cent of the UK whisky market. "The best advertisement you can get is to have your bottle sitting in a duty-free shop," said Mr416 words
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143 1986-06-03 3 ABOUT 150 librarians and information scientists will meet at a congress in Singapore in September. The joint biennial conference of the Library Association of Singapore and the Persatuan Perpustakan Malaysia will involve information professionals from Australia, the UK, Hongkong, Malaysia and Singapore. The theme143 words
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239 1986-06-03 3 A SUBSIDIARY of the Straits Steamship group has clinched contracts worth $4 million for the supply of heavy machinery and equipment to Laos and Pakistan. Associated Petroleum Supplies Co's contract with Laos calls for the supply of equipment for its agricultural back-up facilities,239 words
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393 1986-06-03 3 LOH HUi YIN - By LOH HUi YIN A THIRD OFFICE will be opened in the US this year by the Singapore Tourist Promotion Board as part of its all-out effort to sell the Republic as a tourist destination. The office will be in Chicago393 words
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151 1986-06-03 3 QUESTIONS on bar codes, their functions and benefits to exporters, manufacturers, retailers and consumers will be answered at the first "Seminar on Bar Code System" at the Conference Hall today. Organised by the Trade Development Board, the half-day seminar focuses on how the151 words
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Article, Illustration437 1986-06-03 3 JAIME LYE - By JAIME LYE SINGAPORE opened its second China trade office yesterday in Shanghai, marking a new chapter in business ties between the two countries. Mr Ong Teng Cheong, the Second Deputy Prime Minister, said that Singapore, which started its industrial development 25 years ago, was437 words
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Page 2 Advertisements
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Advertisement240 1986-06-03 2 are you getting your money is worth today? increase your security and protection levels and reduce dependence on 24-hour guards. The APRO Beat Alarm System is also highly economical. And its strength lies in the combination of static Protection Officers during the day, advanced mechanical and electronic security protection systems240 words
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Page 3 Advertisements
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Advertisement162 1986-06-03 3 Fly through Terminal British Airways is the only airline to fly from Changi Airport to London Heathrow's brand new Terminal 4, the world's most sophisticated airport terminal. You'll simply fly through Terminal 4. No crowds, no queues, no congestion. And as everything's on one level, there are no lifts, escalators162 words
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Page 4 Advertisements
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Advertisement367 1986-06-03 4 THE OLIVETTI COMMITMENT As PROVIDER of computing solutions to business, management, educational and productivity problems, we build expandability and compatibility into all our computers so that they will successfully provide the answers you need TODAY; and continue to do so in the future. However much you grow. til f*T 5*367 words
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ASIA-PACIFIC
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382 1986-06-03 5 AFP TRADE MINISTERS from 14 developed and developing countries had expressed deep concern over the growing trend of protectionism around the world during a meeting which ended in Seoul on Sunday, South Korean Trade and Industry Minister Kum J in-Ho said. The three-day informalAFP - 382 words
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322 1986-06-03 5 UPI NORTH KOREAN President Kim D Sung has said that his country's communist party has satisfactorily solved the question of his successor, widely expected to be his son, Kim Jong n. Mr Kim, 74, who has ruled North Korea since the end of World WarUPI - 322 words
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Article799 1986-06-03 5 ARRIVALS Operator Service Local From AC A £858 0950 YYZ/LHR/BOM CPA CX710 1015 CGK RBA 421 1030 BWN SV SV399 1045 CGK GIA GA960 1100 CGK SIA S0105 1105 KUL SWR SRI 62 1105 ZRH/KHI/CMB SIA SO201 1145 CGK THAI TG403 1155 BKK SIA SQ191 1155 PEN799 words
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239 1986-06-03 5 AFP TOURISTS spent more money in Indonesia in 1965, but the tourism industry slipped to seventh place as a source of income for the country. The latest figures from Indonesia's Central Bureau of Statistics indicated that a total of 745,351 foreignAFP - 239 words
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243 1986-06-03 5 Reuter SOUTH KOREAN government officials have denied press reports that the leaders of North and South Korea have agreed to meet, possibly as early as October. A high-ranking official in Seoul denounced as speculative and unfounded the report by Japan's KyodoReuter - 243 words
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373 1986-06-03 5 Bernama DEVELOPING ASIAN-PACIFIC countries have steadily increased their exports of textiles, footwear, electrical equipment, precision instruments and other manufactured goods. Responding to the further advance of industrialisation, their imports of capital goods such as industrial material, fuels, parts, components, machinery and equipment, have alsoBernama - 373 words
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Article, Illustration319 1986-06-03 5 UPI PHILIPPINE President Corazon Aquino spoke on Monday to the opening session of a 48-member commission she appointed to draft a new constitution, urging the body to act swiftly to restore a "full-blown democratic republic". The session opened promptly at 10am, about five hours afterUPI - 319 words
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439 1986-06-03 5 NYT VIRTUALLY UNKNOWN to Americans, federal tax monies are being used to help congressmen earn millions of dollars in extra income from speeches to special-interest groups that try to influence their votes. The speeches are often prepared by congressional staff members on publicNYT - 439 words
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137 1986-06-03 5 AFP AUSTRALIAN Prime Minister Bob Hawke has postponed scheduled high-level talks on the faltering Australian economy and announced that he will address the country next week on new economic measures. Mr Hawke yesterday told a press conference in Canberra that his speech wouldAFP - 137 words
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Page 5 Advertisements
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Advertisement52 1986-06-03 5 I II %I I II l| I Every Tuesday, Thursday, Saturday and I I VI \l I II II \l Sunday. Leaving Changi Airport at M J—J 1 22:05 hours and arriving at Heathrow pt 07:05 hours the following morning. Call Air Canada at *****55 or your Travel Agent. AIR52 words
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Advertisement130 1986-06-03 5 > r i I t 1 4 fi 4 >T 8 -A jr "V *Vf J*b'" ft a Korean Air wide-bodied jet takes off from Singapore bound for Seoul. It departs every Wednesday and Saturday morning at 9:35. So you arrive in Seoul in the afternoon. And once you re130 words
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REST OF THE WORLD
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439 1986-06-03 6 Reuter, AP, UPI THE UNITED NATIONS General Assembly has adopted a resolution urging all governments to help implement a US$l2B billion five-year plan to ease Africa's economic plight. The resolution, approved by consensus at the end of a special session on the world's leastReuter,; AP,; UPI - 439 words
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150 1986-06-03 6 UPI OLD-FASHIONED crib notes, like writing exam answers on one's sleeve or palm, have become very popular in Italy. With exam time drawing nigh, nervous students are increasingly turning to miniature books so small that two can easily fit in the palm of one'sUPI - 150 words
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Article285 1986-06-03 6 UPI COLLEAGUES of former United Nations Secretary-General Kurt Waldheim, who is seeking the Austrian presidency, have recently begun describing him as a liar and an opportunistic egomaniac, according to a Newsweek report. The new characterisations of Mr Waldheim have surfaced since allegations by the World JewishUPI - 285 words
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152 1986-06-03 6 Reuter YUGOSLAV INVENTOR Radoljub Simovic, 54, has developed a floating hydro-electric power station he hopes will help solve future energy shortages. Belgrade newspaper Politika Ekspres said on Sunday that the station could be easily dismantled and moved and operated on only a small water current,Reuter - 152 words
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Article, Illustration151 1986-06-03 6 Reuter SOUTH AFRICA'S Foreign Minister has been quoted as saying that Pretoria would defend itself against what he called terrorism even if it meant international isolation and sanctions. "If we are forced to choose between international ostracism and punitive measures on the one handReuter - 151 words
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339 1986-06-03 6 UPI MOSCOW has announced plans (or a "profound restructuring" of an "obsolete" higher education system that it says produces doctors who cannot diagnose and engineers who know little about computers. "Materials and techniques are obsolete. That is why there is a need for theUPI - 339 words
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Article178 1986-06-03 6 UPI THE SOVIET government's year-old sobriety campaign had not caught on too well in Moscow, a communist party newspaper lamented. Lenin's Banner, the newspaper of the Moscow regional communist party, said on Sunday that drunkenness had moved from the factory and public areas to behindUPI - 178 words
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Article97 1986-06-03 6 Reuter KENYAN President Daniel Arap Moi has pledged to revive flagging attempts to increase Kenyan ownership of private businesses, which belong mainly to Asians and Europeans. He said earlier efforts to "Kenyanise" the economy had failed "regrettably and largely as a result of insufficient work- ingReuter - 97 words
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Page 6 Advertisements
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Advertisement161 1986-06-03 6 V <>■ > -v. r Mst -e -4t" 1 o.**s »>:; W-tegi iJi r^ij *V tsS Bi King Alpha. HRfl 13 J.i£3Si Concept: An elegant and functional, open landscape system with the focus on people Result: A dramatic interpretation of the open office Modular. You can react flexibly to changing161 words
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Page 6 Miscellaneous
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Miscellaneous35 1986-06-03 6 Doonesbury BY GARRY TRUDEAU 1™ POUND rr WHEN I /jBjPBF'n UASCLEANNSOUT ZZJGET DUKES PERSONAL THIS* WBS.APFH&mX HEUHSTHNKJN6OF Became an carlo* m wmi r** '515—J g J b m. K 1 i J3— i l l35 words
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BANKING AND FINANCE
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423 1986-06-03 7 Reuter PEAR OF a rebounding economy and of a less accommodative Fed policy haunt the US bond markets, but a number of economists believe the deepening mood of pessimism is overdone. Although expectations of a pick-up in growth later this year will not be dislodgedReuter - 423 words
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329 1986-06-03 7 Reuter THE US DOLLAR will resume its downward path later this year and (all below the 2.17 mark level already seen, newlyelected President of the International Foreign Exchange Dealers Association, Hans-Jens Trelde said. Mr Trelde said the dollar's recent gains should be seen asReuter - 329 words
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251 1986-06-03 7 AP SOME 200 international bankers and government finance officials are meeting in Boston for three days amid increasing friction among the industrialised nations over international trade. The International Monetary Conference, an annual event since 1964, provides leaders of the topAP - 251 words
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392 1986-06-03 7 ALVIN TAY - Remaining 50pc in PK Christiania Bank (SEA) acquired By ALVIN TAY SWEDEN'S PKbanken has taken over the remaining SO per cent stake in PK Christiania Bank (South-east Asia), a Sin-gapore-based merchant bank, from Norway's Christiania Bank. The deal enables the Norwegian bank to buy PKbanken's392 words
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382 1986-06-03 7 Reuter THE EUROPEAN currency unit could develop fairly rapidly into Europe's foreign currency and be used for commercial and financial transactions with third parties outside the European Community, European Investment Bank (EIB) vice-president Noel Whelan said. He told the International Foreign Exchange DealersReuter - 382 words
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403 1986-06-03 7 Reuter SWISS BANKERS have welcomed wide-ranging changes in Swiss capital market regulations but are worried that a recent announcement by National Bank president Pierre Languetin has left some key questions unanswered. "We think it's good news," a syndicate manager at Geneva-based Soditic SA saidReuter - 403 words
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MONEY AND EXCHANGES
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Article828 1986-06-03 7 SINGAPORE The US dollar extended its early gains against most major currencies yesterday in fairly active late trading on continued buying and short-covering interest. Dealers said news that US April trade deficit narrowed to U5512.07 billion from U5514.52 billion in March coupled with a rise of 1.5 per828 words
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Article215 1986-06-03 7 Interbank rotes ot 3pm yesterday: Local dollors to Md OflOr a "ooo portly cOM unit of foro«9n CHcrincy*. US dolor 2.2425 2.2435 2.8196 •20 47 Sterling pound 3 2931 ***** 7 3469 -55 18 Australian dolor 1 5888 1.5910 3.4286 -53 66 NZ dolor 1 2569 1 2608215 words
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Article119 1986-06-03 7 THE OVERNIGHT rate on the Singapore interbank money market fell by 3/16 point from last Friday to close at 4 7/8 per cent yesterday. The term rates remained unchanged across the board. S$ Interbank rates at 7pm yesterday: OH*, Bid Overrug/ht 4 7/8 4 3/4 1-month 5 1/8119 words
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Article, Illustration321 1986-06-03 7 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels in quiet trading yesterday. Short-dates firmed between 1/16 and 1/8 point at the outset. Overnight closed at 7-3/16 7-1/16 per cent and week fixed at 7-1/8 7. Period rates were narrowly mixed initially and thereafter were little changed. One321 words
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Article366 1986-06-03 7 BA Futures SEPTEMBER EareMlar opened two ticks higher yesterday than last Friday's close but one tick lower than CME's close at 92.83. Prices fell to the support level at 92.81 before edging up to the day's high of 92.86 in thin and auiet trading. But a lack of follow-throughBA Futures - 366 words
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Article207 1986-06-03 7 HONGKONG: The metal closed lower yesterday following the rise in the US dollar in active trading. Speculative selling outweighed local short-cover-ing and sent bullion price down to U*****.40/90 an ounce from an initial U*****.60/343.00. This compared with last Saturday's U*****.75/343.15 close here and New York's last Friday finish of207 words
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Page 7 Advertisements
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Advertisement63 1986-06-03 7 !<;}?!]>.?,>|^>.+/!`|%">(^'!"@_ An Image You Can Bank On. V, jC \ow, prestigious building in the heart of the banking financial district Highly visible corner ground floor banking hall with vault High pedestrian traffic from 9 5 pm Klegant internal spiral staircase link to banking offices Approx. ***** sq ft Problem-free parking63 words
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Advertisement105 1986-06-03 7 SUPER VALUE PACKAGES FOR THE BUSINESSMEN CUM PLEASURE TRAVELLERS WORLDWIDE HOTEL RESERVATIONS First Class Hotel at contracted rates from $36 per person per nlte •Malaysia Hotel from $17 per person per nite I USA AS U LIKE •4 nites accommodation airfare $2080 •7 days Greyhound Ameripass airfare $1999 •campervans $145105 words
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FEATURES
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Article520 1986-06-03 8 INVESTORS AND SPECULATORS alike on the stock market Seem to have ignored warnings from the very top levels of government. Prime Minister Lee Kuan Yew warned on Sunday night against jumping at the first signs of economic recovery. His statement came just two days after his First520 words
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Article, Illustration1474 1986-06-03 8 FLORENCE CHONG - Australia Treasurer Paul Keating caused the Australian dollar to slide by four cents against the US currency in a few hours when he told a radio commentator in Sydney recently that Australia was in danger of becoming a banana republic. The comment was1,474 words
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Page 8 Advertisements
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Advertisement186 1986-06-03 8 Training improves your nances Let BT show you how every Wednesday. The new closeness in 1 -2-3 dimensions. By Braun. The new Braun system 1 -2-3 now makes shaving even more comfortable, faster, smoother, closer It is just perfect the way the slim housing fits in your hand The way186 words
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Advertisement45 1986-06-03 8 M TAN CHONG TOWER Office Suites from 30 to 200m 2 Flexibility of air-con hours Very generous carparking provisions Rental below $2.50 p.s.f. including service charges Professional Building Management For details, please call *****22 f Tan Chong Realty (Re) Ltd 15 Queen Street Singapore 071845 words
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Page 8 Miscellaneous
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Miscellaneous586 1986-06-03 8 CRYPTIC PUZZLE ACROSS 3 Makes cuts in church operations (5) 8 Forest in the Ardennes (5) 10 Edward's area (5) 11 Nothing but the tail end of our mineral wealth? (3) 12 He has a simple mode of operating in crime (5) 13 We stare, perhaps, at a well filled586 words
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Miscellaneous96 1986-06-03 8 Divide. 23, Collar. 25, Judas. 26, Su-re. 28, Bet. YMtorday't Easy solution ACROSS: 1, Stamp. 6, Lasts. 9, Erratic. 10, Roomy. 11, Khaki. 12, Algae. 13, Diverse. 15, Ant. 17, Acer. 18, Plough. 19, Sense. 20, Drrops. 22, Char. 24, Yam. 25, Flouted. 26, Cream. 27, Shear. 28, Rapid. 29,96 words
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SPORTS
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369 1986-06-03 9 WALTON MORAIS - By WALTON MORAIS SENIOR CITIZENS could soon have their own bowling league, play alongside the nation's best bowlers in the national championships and compete in international competitions like the World Masters. These are some of the plans unveiled by the People's Association369 words
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465 1986-06-03 9 Reuter THE HOUSTON ROCKETS staged a determined comeback on Sunday to beat the Boston Celtics 106-104 for its first victory after two losses in the National Basketball Association (NBA) championship series. The Rockets, who lost the first two games of the series in Boston, outscoredReuter - 465 words
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Article, Illustration581 1986-06-03 9 Solitary goals decide matches for Brazil and France BRAZIL on the strength of a hotly disputed goal by Socrates defeated Spain 1-0, and France finally found the lone goal it needed to beat spirited tournament underdog Canada in World Cup action on Monday. The victory581 words
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290 1986-06-03 9 A COMPUTER has predicted that all six seeded teams will advance to the second round of the World Cup tournament, along with eight other traditional favourites and newcomers Denmark and Iraq. The computer determined each team's chances (or surviving the290 words
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418 1986-06-03 9 AP GREG NORMAN of Australia sank a two-foot putt for par on the sixth playoff hole on Sunday to defeat Larry Mize of the US and win the US$5OO,OOO Kemper Open golf tournament. Norman's final putt was merely a formality after MizeAP - 418 words
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137 1986-06-03 9 UPI THE PORSCHE-ROTHMANS team of Briton Derek Bell, West German Hans Stuck and American A 1 Holbert dominated virtually from start to finish to win the 54th Le Mans rally on Sunday. The trio managed 367 laps in the 24-hour endurance race, which wasUPI - 137 words
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268 1986-06-03 9 Reuter AS THE FRENCH OPEN goes into its second week th 4 women's seedings have more or less justified themselves but'the men's draw is in complete disarray. Boris Becker, former champion Ivan Lendl and French hope Henri Leconte areReuter - 268 words
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Page 9 Advertisements
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Advertisement11 1986-06-03 9 a > J DHL WORLDW/DE COUR/ER Changing the way the world works.11 words
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Page 9 Miscellaneous
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Miscellaneous1271 1986-06-03 9 w (md mm TUESDAY PREMIERE Health 10.30pm, Channal 5 Health takes the stand in this comedy-drama about a four-day health food convention. Organising the show is "HEALTH" which stands for Happiness, Energy And Longevity Through Health. Glenda Jackson, Carol Burnett, James Garner and Lauren Bacall eat wheatgerm in this movie1,271 words
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Miscellaneous81 1986-06-03 9 Play golf the Sevvy way TRATEGY AN HAPORTANT PART OF ANY GAME 10 GOLF IS/VO EXCEPT/ON FOR INSTANCE WHEN PLAYING YOUR SECOND TO A WELL QUARPEP P»N PLACEMENT, ALWAYS AIM TO THE SAFE PART OF THE GREEN, AWAY FROM THE TROUBLE, LEARN TOBURP YOUA SCOREANPBE x PATIENT, PLAY THE PERCENTAGE81 words
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INTERNATIONAL COMPANY NEWS
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859 1986-06-03 10 FT IN FIGHTING OFF Lloyds Bank's £1.2 billion hostile bid, Standard Chartered Bank has m?de much of the fact that Lloyds may not be able to get approval from the US regulatory authorities in time to meet the deadline laid downFT - 859 words
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96 1986-06-03 10 Reuter OVERSEAS brokers are advising. their clients to steer clear of South African gold shares. "Overseas analysts have been advising their clients to stay out until July," stock analyst Rodney Yaldwyn of Simpson, Frater, Stein and Strong said. "There are general fears ofReuter - 96 words
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Article, Illustration371 1986-06-03 10 Reuter SOUTH AFRICAN-BORN billionaire Robert Holmes a Court has switched to a carrot-and-stick strategy in his ambition to control Australia's largest industrial conglomerate. Mr Holmes a Court's latest bid expired last week leaving Broken Hill Pty Co Ltd still out of his grasp. ButReuter - 371 words
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357 1986-06-03 10 FT AN OFFER for sale of shares in Euromoney Publications, a publisher of magazines covering banking and the international capital markets, has been arranged by Merrill Lynch. It values the company at more than £90 million. The flagship monthly publication, Euromoney, is the brainchildFT - 357 words
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137 1986-06-03 10 AP ABOUT 5,000 people will lose their jote as Wells Fargo Co absorbs Crocker National Corp in the biggest bank merger in the US, a Wells Fargo executive says. Wells Fargo president Paul Hazen said termination notices wereAP - 137 words
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301 1986-06-03 10 Reuter CADBURY-SCHWEPPES PLC has signed agreements for the purchase of RJR Nabisco Inc's Canada Dry beverage unit and Nabisco's rights to the Sunkist soft drinks brand. The cost of the acquisitions is expected to be around US$23O million, Cadbury said in a statement. UnderReuter - 301 words
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Page 10 Advertisements
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Advertisement701 1986-06-03 10 sr«® N Wi*e't€ to wim, iiae and «Mia r/L'% The Chef carves at 8.15 pm every Tuesday and Thursday at the Baron's Table In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the one and only roast spit in701 words
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Advertisement184 1986-06-03 10 Sunday family attraction Only $150 or $180 for a table of 10. Two grand 8-course menus for a delightful lunch or dinner treat for the family. V. Weekday fare (Lunch only) J Only $60 for four persons or $90 for six persons. ($l5 for extra person). Two splendid menus for184 words
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ASIAN STOCKS
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Article328 1986-06-03 11 HONGKONG: Share prices closed slightly lower yesterday in slow and lacklustre trading because of a lack of fresh factors, brokers said. Most investors stayed on the sidelines due to a lack of development on market rumours which helped lift share prices last week, brokers said. The Hang Seng Index328 words
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Article221 1986-06-03 11 JUNE 02 AJ Satcere Mia NT 2.18 25 70 Kofcn 28 70 -03 ■0 1 0 3 Kuochon Dev Laa Chanjjfuen 22 00 29 30 0 5 1.3 31 20 0 9 13 35 0 45 Chang Hwo Bank Chang Loong 44 70 05 37 50 -0.1 24 80221 words
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Article383 1986-06-03 11 TOKYO: Prices rose in active trading yesterday as bullish sentiment returned to the market after a brief respite last Saturday, brokers said. The market average gained 110.18 to a record close of 16,739.27, slightly down from the record 16,761.44 hit earlier. Turnover was 830 million shares against 430 million383 words
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Article50 1986-06-03 11 JUNE 02 fmm Monted Onentol B 0013 unch 0017 PMcx B 0 18 unch 0011 0001 Pic op B PLOT 13 74 San Miguai B 44 inch ***** -0 0675 Bcnguct Con. B Sim* Darby V 20 •03 A 0 5 0 0650 inh Ui«>M Morcopp«f Vulcan 0.0014 unch50 words
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Article462 1986-06-03 11 SYDNEY: Australian share markets yesterday closed easier in quiet trading, dragged down by nervous selling in BHP and profittaking in leading industrial shares after three days of strong gains. By the close of trading, the All Ordinaries Index had fallen 12.4 points to 1,228.9. The All Industrials, which put462 words
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Article88 1986-06-03 11 JUNE 02 CM Sugar Won 1865 579 +27 Kangwon Ind KIA Motor Koton M Korea Long-Term Lucky 1 *4 1225 1868 2260 911 1290 -?l Docwoo Corp 0a*»oo M Dong Ah 1075 1507 880 1602 -16 42 Oriental Brewery Pocihc Chemical Samsung Bee 1530 1321 2312 -63 Dongsuh Mock88 words
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Article132 1986-06-03 11 BANGKOK: The Securities Exchange of Thailand Index dipped 0.15 point to 128.93 yesterday. Turnover amounted to 75,158 shares worth 12.5 million baht. JUNE 02 1 Ao Khom Thai MM SwnwA Stam C«m»ot Stam Oftzn Stam Om« Z 463 MAp -2 Ayudhya hnHwnl Bangkok Agro-M P nn rdi nli P132 words
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Article61 1986-06-03 11 Reuter THE United Coconut Planters Bank, which sold 33.1 million San Miguel shares to the Soriano group, has asked for their return as a penalty for the group's failure to pay the second instalment on them. A UCPB statement said Soriano has been enjoined to stopReuter - 61 words
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267 1986-06-03 11 Reuter THE South Korean government had ordered the takeover of nine financially troubled firms under an industrial realignment programme, officials said. They are five subsidiaries of KukJe-I(X Corp, which collapsed last year, and four companies of the Samho Business Group. Sixteen companies, including thoseReuter - 267 words
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210 1986-06-03 11 UPI TWO LEADING Japanese car manufacturers have reported decreased ordinary profits on increased sales for the year ended last March 31. Mitsubishi Motors Corp, an affiliate of Chrysler Corp of the US, has reported its net income for the year ended last MarchUPI - 210 words
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Article156 1986-06-03 11 AFP A COMPROMISE in the long dispute between a powerful commission and the Philippines's largest manufacturing company San Miguel Corporation (SMC) is expected in a few days. An official spokesman of the Presidential Commission on Good Government last Friday said the commission favoured aAFP - 156 words
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Article142 1986-06-03 11 Reuter CHINA may set up stock exchanges in major cities 1' like Guangzhou, Shanghai, Tlanjin and Wuhan in the course of developing it*, capital markets. The China Daily said that well-run companies were allowed to issue shares to raise capital, and such isßies had goneReuter - 142 words
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Page 11 Advertisements
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Advertisement645 1986-06-03 11 s©s <Si\ M J; re to wtm. ilae aai entertain A vortex of sight, sound and sheer imagery f I w Ist Drink Charges: Sun-Thur: 9pm 2am;Ssl2** Fri, Sat Eve of Public Holidays: 9pm 3am; $18** LADIES NIGHT NO COVER CHARGE Tuesdays k Wednesdays SS ExeefSor Hotel 5 Coleman Street.645 words
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Advertisement139 1986-06-03 11 'V Peking Sichuan Restaurant N &!L HOKKIEN-PORRIDGE S DINNER/SUPPER Buffet Style m more than gH flOfi izina dishes. Jk r £2^ Choose from more than 20 appetizing dishes. Eat all you can for only Dinner/Supper Time: 7pm 3am y t v: r V J* •M-10% Mrvtc* charge A 3% govammant139 words
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RAW MATERIALS
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515 1986-06-03 12 AFP MALAYSIA, the world's largest producer of tin and natural rubber, has launched a campaign to boost commodity prices without cutting production levels. Arguing that international commodity agreements (ICAs) have failed to halt the collapse of work) prices for tin, palm oil, crude oil,AFP - 515 words
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Article, Illustration396 1986-06-03 12 AFP HAILED as the world's biggest and most modern tobacco auction facility, Zimbabwe's tobacco sales floor, a computerised operation covering more than 8,135 sq metres, was officially opened in Harare recently with unexpected praise from Prime Minister Robert Mugabe. The abstemious Mr Mugabe does notAFP - 396 words
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Article168 1986-06-03 12 AFP INDONESIA will produce almost 100 per cent of the world's tropical plywood within the next seven years, Minister of Forestry Sudjarwo said last Saturday. Mr Sudjarwo said his estimate was based on the fact that Indonesia, which now meets 70 per cent of theAFP - 168 words
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553 1986-06-03 12 Reuter THE START of the Brazilian frost scare season, running from late May to the end of August, is guaranteed to raise temperatures on world coffee markets due to the havoc cold can wreak on coffee trees. But this year anyReuter - 553 words
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236 1986-06-03 12 Reuter THE JOINT productive capacity of steel companies in the US, Japan and the European Community will fall by 80 million tonnes by 1996, Chase Econometrics has predicted in a study. Capacity in the world's three leading steel producing countriesReuter - 236 words
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85 1986-06-03 12 AP LARGE DEPOSITS of zinc and lead have been discovered in the Gansu Province in north-west China, according to the official Chinese Xinhua news agency. The report, monitored in Tokyo last Friday, said the newly discovered site had proven reserves of 3.1AP - 85 words
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212 1986-06-03 12 AFP A SHARP RISE in tin-in-concen-trate production last year by Brazil, a non-member of the troubled International Tin Council (ITC), contributed to the collapse of the international tin agreement seven months ago, delegates attending JTC talks in London said last week. Brazil's outputAFP - 212 words
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Article308 1986-06-03 12 SINGAPORE The market closed slightly lower yesterday with July One RSS buyers quoted at 173.00 cents per kg, down 0.50 cent from last Friday. The morning session lost 0.50 cent due to a general lack of interest in the absence of fresh factors and offtake in thin trading. Prices308 words
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Article299 1986-06-03 12 RAS prices in S centsAg, FOB in t tales NOON CLOSE Buftrt StUcn Buyers Sellers Int 1 RSS Prompt 173 00 174 00N ***** I74 00N lot 1 RSS July 86 173 00 ***** 173 00 ***** Int 1 RSS Aug 86 ***** 174 50 174 00299 words
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Article105 1986-06-03 12 (cents/kg, 1-ton pollets) JULY 86 AUGUST 86 (current month) (forward month) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 ***** 164 00N 162 50 164 50N SSfi 50 159 00 161 OON 159 50 161 50N MRELB Buyers Sellers Buyers Sellers SMR CV 217 50 219105 words
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Article106 1986-06-03 12 TIN PRICES fell 21 cents from last Friday en the Kula Lompor Tin Market to close at Msl4.2t a kg yesterday on lack ef follow-through baying sapporL Foreign interest redaced considerably, particularly fram Japaaese buyers who covered their paaltiaaa darlag last week's rise. The (all alas reflected106 words
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Article66 1986-06-03 12 Bangkok (USS/tonne, FOB) White Rice 100% 1st class 240 100% 2nd class 215 100% 3rd class 210 5% 200 10% 195 15% 190 20% 180 25% 170 35% 165 Broken Rice A-l Super 115 A-l Special 112 C-1 Special unq C-l Ord unq Loonzain Rice 100% 1st grode unq66 words
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Article144 1986-06-03 12 ChiiMM Produce Exchange Seders' noon dosing prices on June 2 (SS/100 kg) Coconut oil Bulk FOB 48 00 OkJ drum FOB 61.00 New drum FOB 65.00 Copra Mixed (loose) 26 buyers Pepper Muntok White FOB NLW 1185.00 Sarawak White FOB foq NLW 1170 00 Sarawak speciol block FOB144 words
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Article116 1986-06-03 12 MALAYSIAN palm oU futures closed slightly higher yesterday on light covering and further speculative buying interest in spite of a weaker close in Chicago last Friday. India's palm oil purchases last week buoyed sentiment, dealers said. June and July closed Mslo and Ms 7 higher respectively at M116 words
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Article456 1986-06-03 12 COFFEE Light profit-taking buying after steep opening losses yesterday left robusta futures at midday with pared losses from last Friday night of £65 to £51 a tonne in thin business. The market was due around £70 a tonne lower based on New York's weak close last Friday, but456 words
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Page 12 Advertisements
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Advertisement58 1986-06-03 12 This announcement appears as a matter of record only Degussa <§> Degussa Electronics Re Ltd Singapore formerly known as Demetron (Private) Limited Sslo MILLION TERM LOAN FUNDS PROVIDED BY BANQUE INDOSUEZ SINGAPORE BRANCH GUARANTEED BY BERLINER HANDELS- UND FRANKFURTER BANK SINGAPORE BRANCH BHFBANK BERLINER HANDELS- UND FRANKFURTER BANK acted as58 words
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SHARE INFORMATION
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Article, Illustration4170 1986-06-03 13 SHARE PRICES advanced sharply in hectic trading on the Singapore stock market yesterday, with buyers continuing to swamp sellers. The market scoreboard yesterday showed 172 advancing issues outpacing only two declining stocks, SPH and Sim Lim Investments. SPH fell 10 cents to $6.70 on4,170 words
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Article296 1986-06-03 13 SINGAPORE Rim* indices f M 670 +30 Not Iron 336 +28 Strom Tradiaf 275 28 Spore Bus 352 26 0 C C 670 25 SIA 665 25 M fcwmw 590 25 0 S 585 25 R<wy Elect 203 22 PELS 278 +21 Maw Par 257 +21 G296 words
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Article4283 1986-06-03 13 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (I 258 I 265) (14) 1 20 (13) 1.22 (2) 12) (4) 1.24 (3) I 23(3) 1.24(22) 1.26(5) 1.28 (8) 1.27 (20) 1 25C0 Alcorn (0 626 0.645) (4) 0.60 (I) 0 60 (2) 0 64 (I) 0 62CRI Amol4,283 words
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Page 13 Advertisements
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Advertisement10 1986-06-03 13 KL market report, Business done on the KLSE, Page 1410 words
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COMPANY NEWS
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Article, Illustration674 1986-06-03 14 Bumiputra interest to be raised to 30pc ROTHMANS of Pall Mall (Malaysia) Bhd has forecast a group pre-tax profit of MsBs million for the fiscal year ending June 30, 1966. In the previous financial year, the profit figure was Ms 72 million. Rothmans, one of674 words
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Article, Illustration469 1986-06-03 14 MINORITY SHAREHOLDERS of Kentucky Fried Chicken (S) Ltd (KFCS) have been told by their independent adviser, Samuel Montagu, that the proposed scheme of reconstruction can be expected to benefit the company in the longer term, in view of the current competitive conditions469 words
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313 1986-06-03 14 Reuter THE Stockholm Stock Exchange has fined Volvo, Scandinavia's largest industrial corporation, and threatened to delist the shares of biotechnology firm Fermenta for failing to report a planned link-up between them earlier this year. Volvo was fined two million crowns (U*****,000)Reuter - 313 words
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117 1986-06-03 14 Reuter PIONEER Concrete Services Ltd directors have said that FAI Insurances Ltd's offer for 60 per cent of each Pioneer shareholding at A 52.75 a share is inadequate and unacceptable. Pioneer shares have traded at prices well above FATs proposed offer in recent months, theyReuter - 117 words
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Article550 1986-06-03 14 BULLS continued to bold sway at the Kuala Lumpur stock market yesterday and prices surged higher across the board. Trading pace picked up considerably and total turnover swelled to 15.06 million units valued at M 521.59 million against Friday's 9.02 million worth $11.96 million. Interest was550 words
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Article3536 1986-06-03 14 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. MDUSTRMLS Acmo< 1.318) cd Ajinomoto (3.045) Amd (3 006 3.065)3,536 words
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Article105 1986-06-03 14 HONGKONG Hong Kong Index Monday 1108.64 Friday 1111.50 Week 090 1126.70 All Industrials Monday 1976.8 Friday 1999 5 Week ogo 1944.8 NEW YORK Hong Song Index Monday 1781.94 Friday 1787 90 Week ogo 1811.87 Dow Jones Fridoy 1876.71 Thursday 1882 35Week ogo 1823.29 TOKYO Nikkei Average Monday *****.27*105 words
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Article255 1986-06-03 14 Monogcrs' prioH for June 3 MAftA-Bumiputrs First B'putro 424 429 Singapore Unit Trust Second B'putro Th*d B'putro Fourth B'putro 399 335 404 339 The Commerce 0 78 0 83* 361 366 The Sovaigs Fund 0 70 0 74 Fifth B'putro 2 14 2 19 S pore Prog Fund255 words
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Article32 1986-06-03 14 Company RIGHTS ISSUE Alcom Two-f of-three fe $100 per shore Ex-date: Jun 11 Books dose: Jun 23 Company BONUS ISSUE Utd Plantations One-for-five Ex-date May 26 Books close: Jun 532 words
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Article165 1986-06-03 14 Company RIGHTS ISSUE Duta Cons One-for-one fc $1.10 per shore George Town Two-for-one SI.00 per shore Kesang Hldgs Three-f or-two (a $1.10 per share M A A Five-for-ooe fe 1.20 per shore Peak Hua Three-for-one fe 100 per shore Sateras Res One-for-two fe $1.25 per shore Selangor Dredg165 words
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364 1986-06-03 15 AMY CHEOK - By AMY CHEOK THERE HAS BEEN a significant change in the shareholding structure of cash rich trading company. Haw Par Brothers International Ltd. On the stockmarket yesterday, two married deals amounting to almost nine million Haw Par shares were transacted at364 words
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Article471 1986-06-03 15 NAJEEB JARHOM - UIS By NAJEEB JARHOM CLOSED-END investment trust United International Securities has again disappointed the market, which has been expecting some corporate developments to emerge out of its request (or a trading suspension. In a terse announcement which raises more questions than answers, UIS asked for471 words
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340 1986-06-03 15 IJM ENGINEERING and Construction, the construction arm of listed IGB Corporation Bhd, has received the green light to go public. IJM is currently 67.4 per cent owned by IGB, held through two wholly-owned subsidiaries, Corpool Holdings Sdn Bhd and Riraiance Enterprise Sdn Bhd. Under340 words
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767 1986-06-03 15 Miaa mm... By HOCK LOCK SIEW UNITED INDUSTRIAL Corporation has timed its takeover bid for Intraco Ltd really well. The stockmarket bulls are beginning to get frisky again, and corporate activity of this sort will excite them further. That, in turn, will provideBy HOCK LOCK SIEW - 767 words
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Article153 1986-06-03 15 AFP CATHAY PACIFIC Airways, listed on the Hongkong Stock Exchange last month, has been included in the main market indicator, the Hang Seng Index. The airline, listed on May 15, has a market capitalisation of HKJIS.I billion or 7 per cent of market capitalisationAFP - 153 words
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Page 14 Advertisements
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Advertisement243 1986-06-03 14 NOTICES THE COMPANIES ACT, CAP. 185 ROGEBB IMPOSTS (ASA) PTE LTD (IN VOLUNTABY LIQUIDATION) Special resolutions passed on 29th May, 1968 At an Extraordinary General Meeting of the Company held at 50/F Hopewell Centre, 183 Queen's Road East, Hong Kong on 29th May, 1986 the following special resolutions were passed:243 words
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Advertisement286 1986-06-03 14 KIVOL MVESTMBfT PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of KIVOL INVESTMENT PTE LTD duly convened and held at 36 Robinson Road. #05-01/02 Qty House. Singapore 0106. on 27 May 1966 the following resolutions were duly passed as SPECIAL RESOLUTION That the286 words
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Page 15 Advertisements
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Advertisement19 1986-06-03 15 "SOME PEOPLE FLY HIGH 00RIN6 A RECESSION. OTHERS HIT ROCK ROTTOM" DISCOVER HOW YOU CAN FLY HIGH TEL: 225-394919 words
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Advertisement572 1986-06-03 15 UrOtAsry intrtooKMfi njnoi. Ordinary share capital Retained earnings Other reserves m C 55 Tro<fing surplus: The Bank and subsidkiries Share of associated companies Group profit before taxation and extroordrtary item Taxation Minority Interests Preference dividends of the Bank Group profit after taxation and before extraordrory item Extroordrtary item Group profit572 words
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378 1986-06-03 16 LEE HAN SHIH - By LEE HAN SHIH, Property Correspondent THERE ARE more than 2,000 job vacancies in the construction industry, and some employers are offering higher than average wages to lure good workers, says the Housing and Development Board. The latest issue of the HDB's monthly378 words
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435 1986-06-03 16 CHUANG PECK MING - Salaries almost twice as high as those offered at home By CHUANG PECK MING A BRITISH EXPATRIATE in Singapore is paid nearly twice what he earns at home, a survey of 48 countries outside Europe shows. Few other countries435 words
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173 1986-06-03 16 MANY COMPANIES in the black are shy to open their books in current NWC wage talks and such reluctance is dragging negotiations unnecessarily, says a union leader in the latest issue of The Singaporean. Talks with companies in the red, though, have been smooth.173 words
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Article, Illustration257 1986-06-03 16 AFP JAPANESE Prime Minister Yasuhiro Nakasone dissolved the Lower House of Parliament yesterday to call early elections on July 6, the date coinciding with scheduled elections for half the seats in the Upper House. The elections were called in spite of an opposition boycott of yesterday's specialAFP - 257 words
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Article123 1986-06-03 16 AP A FORMER PLO intelligence chief has challenged Yasser Arafat for leadership of the Fatah guerilla movement, the largest body in the Palestine Liberation Organisation. Atallah Atallah presided over a meeting of what he said was the general military command of Fatah. It voted to fire MrAP - 123 words
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Article37 1986-06-03 16 AP CHINA AIRLINES yesterday declined to accept the resignations of its chairman and president over pilot Wang Hsi-Chueh's diversion of a cargo Jet to Canton. It was decided that they should not be held responsible. APAP - 37 words
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291 1986-06-03 16 UPI TWO TOP GUNS in the US administration's war on leaks have said that journalists should be prosecuted (or circulating government secrets, but suggested that "voluntary restraint" might work if reporters are "talked to". In separate interviews on Sunday, Secretary of State GeorgeUPI - 291 words
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236 1986-06-03 16 Reuter PRIME MINISTER Margaret Thatcher has launched a purge on litter to clean up the shabby streets of Britain. The campaign got off the ground last week after she told reporters on a flight home from Tel Aviv that she had been impressedReuter - 236 words
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355 1986-06-03 16 MOST FOREIGN correspondents feel that the government could do more to foster its relations with the overseas media, the latest issue of The Mirror, a publication of the Ministry of Communications and Information, reports. The correspondents' problems exist amid the advantages that Singapore355 words
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108 1986-06-03 16 AP ONE OF SOUTH AFRICA'S most powerful industrialists has described apartheid as a dead albatross and said that whites should reconcile themselves to a government dominated by blacks. "The albatross carcass of apartheid which has hung around the white man's neck informallyAP - 108 words
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Article64 1986-06-03 16 AP THE VICE-GOVERNOR of the Bank of Japan said yesterday that the government welcomes the recent stability in foreign exchange rates. Yashushi Mieno said: "The appreciation of the yen against the US dollar was too rapid. Therefore, the recent stabilised foreign exchange rates are highly welcomed."AP - 64 words
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Article55 1986-06-03 16 MORE THAN 260 college professors, challenging the government of South Korean President Chun Doo Hwan, has demanded the establishment of "a truly civilian government" that can enjoy the people's genuine support. The professors also demanded the adoption of "a fully democratic constitution". Tin Dow Jonoa report55 words
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LATE FILE
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Article48 1986-06-03 16 Reuter NORWAY yesterday clinched a US$6B-billion deal to sell gas for 27 years to a consortium of Western European buyers. State oil company Statoil said the deal would secure for Norway increased market share on the European market in years to come. ReuterReuter - 48 words
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40 1986-06-03 16 Reuter INDONESIAN President Suharto has been invited to visit the Soviet Union. The official Antara news agency said the invitation had been given last month to vice-president Umar Wirahadikusumah by visiting Soviet parliamentarians. ReuterReuter - 40 words
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Article41 1986-06-03 16 AFP THE AUSTRALIAN Cabinet yesterday agreed on the introduction of a national identity card. It decided that the so-called Australia card would be required for bank accounts, and to obtain medical and social security benefits. AFPAFP - 41 words
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Article36 1986-06-03 16 AFP ISRAELI Prime Minister Shimon Peres has ordered a secret inquiry into the Shin Bet security agency, whose chief is at the centre of a storm over the deaths of two Palestinians. AFPAFP - 36 words
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44 1986-06-03 16 AP SOUTHERN CHINA'S prosperity has attracted tens of thousands of professional beggars who are getting rich asking tourists and overseas Chinese for money. A Chinese newspaper yesterday said the problem had become prominent in Guangdong and Fujian. APAP - 44 words
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Article39 1986-06-03 16 AP ITALIAN Major-General Franco Angioni has been named commander of Allied Command Europe's Mobile Force-Land, the North Atlantic Treaty Organisation's rapid-deployment force. He takes over on June 20 from Canadian Major-General Andrew Christie. APAP - 39 words
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52 1986-06-03 16 Reuter THE HEAD of Poland's security services has accused captured Solidarity underground leader Zbigniew Bujak of links with Western intelligence. A Polish newspaper quoted General Henryk Dankowski as saying police had detained Mr Bujak's closest collaborators and seized important documents, modern communications equipment and WesternReuter - 52 words
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Page 16 Advertisements
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Advertisement129 1986-06-03 16 ■< OR Hear Luis Palau address today's tough moral and social issues. He knows the problems that affect us and presents relevant Christian answers. Do not miss his message. 1-7 June 7.30pm National Stadium Special Features: The 3,500-voice choir Musical presentations Nightly messages will be translated to Mandarin, Amoy, Cantonese,129 words
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Advertisement175 1986-06-03 16 YEN FOUR POPULAR MOWS AT OLD YEN PRKE Prices of Japanese products have soared with the increase in the value of the Yen. At Brother Business Machines, we are absorbing the increase by maintaining the present prices of these four popular Brother electronic typewriters. And if you finalize a purchase175 words
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Page 16 Miscellaneous
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Miscellaneous58 1986-06-03 16 WM&ii Outlook for todoy: Showers over several oreos in the late morning and early afternoon. Report for 24 hours prior to 7.30pm on June 2 at the airport: Maximum temperature 31.4 Associated humidity 67 Minimum temperature 26.3 Associated humidity 91 Hours of sunshine 6 60 Rainfall in millimetres nil Roinfoll58 words
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SHIPPING TIMES
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128 1986-06-03 17 NEPTUNE Orient Lines has appointed a new agent for its Sin-gapore-South Asia feeder service. The agent, Samrat Shipping, replaces Hindustan Shipping Agency, which had been NOL's agent in India since the inception of the service in October 1965. Neptune News, the128 words
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445 1986-06-03 17 JUNE LIM - Singapore handles 35pc more boxes in first quarter By JUNE LIM THE PORT of Singapore Authority has brought forward its container berth expansion programme. Work on the $110 million conversion of two conventional cargo berths into one container berth at the Tanjong445 words
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354 1986-06-03 17 UPI SURVIVORS OF A cargo ship sinking said passengers were abandoned and authorities mounted no search to find 102 missing victims, the state news agency Antara reported on Sunday. The Selamat Berk at Jaya, a 20-m cargo vessel, sank on May 7UPI - 354 words
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218 1986-06-03 17 THE FEDERAL Maritime Commission (FMC) plans a conference next month to review the working of the United States' Shipping Act 1964. It will be the first time the FMC has undertaken an exercise to review existing shipping legislation. The conference will be held218 words
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PORTSIDES
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Article104 1986-06-03 17 THE MINISTRY OF Transport, Supply and Tourism of Madagascar has awarded a major project engineering contract to the Port of Le Havre as part of the country's port rehabilitation programme. The port improvement and maintenance programme was drawn up following a survey undertaken by BCEOM104 words
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Article1123 1986-06-03 18 STABLE rates persisted on the London shipping freights market until the last business day in May on Friday with no sign of a downturn hut no expectation of significant improvement. US Gulf grain fixing expanded slightly to cover June movements to Japan, Egypt and Venezuela. MSK worked 30,0001,123 words
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Article1105 1986-06-03 18 New York harbour undergoing a 'historic change' NYT NEW YORK HARBOUR is fast losing its competitive position in shipping. To be sure, shipping remains big business in the harbour. Shipcrews, longshoremen, truckers and thousands of others are employed handling ship cargo. Kirk estimatedNYT - 1,105 words
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203 1986-06-03 18 Baltimore concludes deal with AT T and Maryland THE PORT OF Baltimore will have additional space to expand its facilities and a new client following the conclusion of an agreement between AT A T and Maryland. Under the agreement signed recently, the state will receive 25.5 acres of bind for203 words
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Article51 1986-06-03 18 Reuter SAMSUNG Shipping and Heavy Industries has signed a contract to supply Clark Equipment of the US with 10,000 forklift trucks a year for 10 years. Clark will provide Samsung with production technology to make trucks ranging from one to five tons in the city of Changwon.Reuter - 51 words
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Article632 1986-06-03 18 AB Shpg V 5 Lion Huat VI 4 Accord Shpg VI 3 Lin Lin Shpg VI 5 Afeo Line VI 3 Lloyd Brasileiro VI 2 Anro Service IV 3/4 Lloyd Triestino IV 1/2 ANL 1 1/2 Lykes Lines HI 2 APC Line V 4 Mad»u Sdn IV632 words
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Article, Illustration200 1986-06-03 18 AFTER SIX MONTHS of reorganisation, Trafpak Services Ltd is adding 50 new IMO-type I units to its 600-strong tank container fleet. With a capacity of 24,000 litres and a pressure rating of 4 Bar, these tanks meet the latest requirements for the transport of hazardous200 words
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368 1986-06-03 18 AP IRANIAN WARSHIPS have come close to hostilities with US and French naval vessels over Iran's interceptions of foreign-flag merchant ships in the Gulf of Oman. Since the spring of 1964, Iran has intercepted an estimated 130 vessels of various nationalities as of itsAP - 368 words
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Article189 1986-06-03 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/ AUSTRALIA): Australian National Line. Australia/Straits Container Line.189 words
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351 1986-06-03 19 Lloyd's List SEA-LAND IS effectively controlled by CSX Corporation, the giant railway group. CSX has disclosed that it had acceptances of its offer and options on shares totalling 91 per cent. The offer, which values Sea-Land at US$742 million, expired last Friday. The highLloyd's List - 351 words
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Article229 1986-06-03 19 AP THE LIBERIAN-REGISTERED tanker Hellespont Enterprise was ablaze on Sunday, a day after Iraqi naval units raided it in the Gulf near Iran's Kharg Island oil terminal. Gulf-based maritime salvage executives reported. They said four Iranian tugboats were trying to extinguish the fire which caused enormousAP - 229 words
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251 1986-06-03 19 UPI NAVY SHIPS have lost or been robbed of vast quantities of supplies but officials never knew the goods were missing because outdated ship computers could not track inventories, a navy inquiry reported. In one case, ship silverware worth US$3,OOO wasUPI - 251 words
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204 1986-06-03 19 UPI A MAJOR Colombian shipping company signed an agreement with the US Customs Service pledging increased efforts to prevent drugs from being smuggled on its ships. Customs commissioner William von Raab said the agreement by Flota Mercante Grancolombiana was important "symbolicallyUPI - 204 words
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Article256 1986-06-03 19 THE VOLUME of tonnage available in the gulf States area dropped sharply to its lowest level in years over the past week on the tanker market, where brokers warned that rising rates might prompt vessels to leave lay-up. News that transport for one million tonnes of crude oil256 words
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Article58 1986-06-03 19 Reuter SPANISH DOCKERS went on a go-slow ahead of a threatened 10-day strike against government plans for partial privatisation of the ports, the Spanish Stevedores' Union said. The action affected cargo operations at most of 27 major ports except Barcelona where the regional government negotiated a settlementReuter - 58 words
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Article504 1986-06-03 20 June 2-7 Posidonia, international shipping exhibition and conference, Piraeus, Greece. June 3-5 Power Europe '86, power supply and conversion exhibition and conference, Rhein-Main Halle, Wiesbaden, West Germany. June 5-6 Third International Maritime Law Conference to be held in Vancouver, Canada at the Hotel Meriden. For more details contact:504 words
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6309 1986-06-03 24 QOMiXDIIB A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of6,309 words
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Article666 1986-06-03 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy dote/time Operator corgo schedule Location Asia Stor 488 03.6.86 1700 Kawasaki F1 0800-0900 W3 Ned Dejima 166 03.6.86 1700 Ned-EAC F7 0800-0900/0700-0900 P2/S2 Maj Sandved 8623 03.6.86 1700 Maersk F5666 words
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Article1694 1986-06-03 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S) AB Shipping Bousteod Shpg Agencies Ateo Line A trie on Shpg Agencies (S) Ahrenkiel Lmer Kim Shpg (S) Alfred C Toepfer Oceonus ShippmgAgencies (S) Multipori Sdn Bhd1,694 words
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Article542 1986-06-03 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES K22 Equator 3 Thong Soon alongside 03.6.86/0700 Hafi Baik K20 Kie Gwon alongside 03.6.86/1500 Mendoza K16 Borneo alongside 03.6.86/1500 Reno KM Unipocific alongside 03 6 86/1100 Son Luis KI2 Borneo alongside 03 6.86/1800 Afcmdi K19 Unipocific 03.6.86/1200542 words
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Page 17 Advertisements
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Advertisement615 1986-06-03 17 Concise Comprehensive Contemporary rsss^ El FEDERAL OOCL Orient Oveiqeas Line STRAITS EUROPE EXPRESS SERVICE *CJ. MB Ml 4/6 23/6 HONGKONG CONTAKX SOW 11/6 30/6 ORBITAL cm 49W 18/6 7/7 KOKAN MCUH 34N 25/6 14/7 KTTUC cmril 35* 2/7 21/7 KOREAN CNMQ 27W 9/7 2S/7 KtUng cargo na leeder vessel •Closing615 words
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Advertisement45 1986-06-03 17 NEW YORK HARBOUR is fast losing its competitive position in shipping. P«g« II SEA-LAND IS effectively controlled by CSX Corporation, the giant railway group. Pag« 111 Index to odvertisers II Shipping Schedules VIII London Freights II Container Schedules IX Consortia 111 Ships in Port X45 words
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Advertisement657 1986-06-03 17 BALT-ORIENT LINE Baltic Shipping Co Rtfiiar S«nrices from South East Ma to IMt«d Kingdom and i' -1 a. ifiortn uomntmai rorxs Agent: Singapore Soviet Shipping Co Pte Ltd Id: *****33 MAERSK LINE FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPORE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN 10 DAYS SINGAPORE/KUWAIT —11 DAYS Voy657 words
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Page 18 Advertisements
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Advertisement367 1986-06-03 18 Y.S. LINE STRAITS FEEDER ■> i. YAMASHITA-SHINNIHON LINE TRANS-PACIFIC BERVICEB Atlantic/Canada Faadar at Koba LIALHH inmm i HM IT7TI »l\m nmr'Ti §>'f EMB rTMf -V T irorMrTTMixniPMiEi irrwgTTMi! ■rriMUM, IBMiMli'" ipTfTTam I i mrm fttm fitt— uttm il/i— i TEETETZIISS MIDDLE EAST Full Container Service (A member of Oasis ITTT367 words
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Advertisement178 1986-06-03 18 Supercarrier Service TO: PANAMA US WC/EC/feULF E- CANADA CARIBBEAN C. AMERICA U/7 12/7 21/7 22/7 7/1 4/4 22/1 23/1 14/7 IC/7 17/7 24/7 22/7 24/7 24/7 24/7 2/1 4/1 14/1 12/4 13/4 14/4 17/4 24/4 24/4 2J/4 3/4 V» Mm Kcaptnf canto hi HnstM (MA). 1 Fracoc*. i C4MKJW Aruba178 words
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Page 19 Advertisements
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Advertisement564 1986-06-03 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd OC!L Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSWP SERVICE TO UK CONTINENT Star HWt 24/6 20/0 30/6 02/7 •9/7 11/7 17/7 19/7 25/7 27/7 •2/1 M/l U/l 13/1 17/S 19/1 23/1 25/1 31/1 02/9564 words
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Advertisement766 1986-06-03 19 .IllflU RO/RO CONTAINER SERVICE to: IRAN, IRAQ, TURKEY AFGHANISTAN (Destinations: Tehran, Tabriz, Djulfa, Mosul, Baghdad, Istanbul, Izmir, Ankara, Mersin, Kabul, tiratan Torgupdi) ENQUIRIES/BOOKINGS PHILI-ORIENT LINES PTE LTD SEABRIDGE TRANSPORT PL MALAYSIA TEL *****69 (8 UNES) *****77 (03) *****33 Franco Belgian Services f&j i r I 1.1 I r. n, h766 words
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Page 20 Advertisements
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Advertisement427 1986-06-03 20 Hapag-Lloyd TO CONTINENT/UK EXPORTS Outa Bar Kiaama Ibru lircrpMl Bay Wand haulage to inland destinations n Europe s-pa* K«laa|PwMf Lenanßfea* MANGEL LMOa 15/6 17/6 M YOUNUS 27/® 28/6 M. MUBMMHH 8/7 U/7 13/7 7/S Em Hk*t I dan Bhawn A'wp 12/7 15/7 l«/ 7 4/« 25/7 nn 23/1 16/8 U/l427 words
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Advertisement216 1986-06-03 20 MS LINF KOBfM ifi** *<. FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ I em ber 'he ce Consortium l(Havre rim Friww KWt tatawp 23/6 24/6 26/6 28/6 1/7 30/6 1/7 3/7 5/7 8/7 7/7 8/7 10/7 12/7 15/7 14/7 15/7 17/7 19/7 22/7 jggrjj EROM EUROPE VIA SUEZ Member of216 words
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Advertisement564 1986-06-03 20 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** I \S I 1 R\ CAR I l\l K. I I I). SPECIALIST IN RO-R0 HEAVY LIFTS SERVICES ItilH FROM JAPAN Until Sp»» Mitax Kadanf SKI KOCH *44 M SJM mmA» I Ikm 4km PRMCE564 words
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Advertisement869 1986-06-03 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) E«» GREET hi Pt 12/4 22/4 24/1 24/4 27/1 2t/i EKR GRACE 12/1 2/7 4/7 7/7 «/7 4/7 CMS KSM 4/7 12/7 KLG KSC 9/4 11/4 no IMNG 15/4 EIO OFTED 24/4 f«* LOAOMG 1/7 rWK SNTU t/7869 words
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Page 21 Advertisements
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Advertisement726 1986-06-03 21 PACIFIC INTERNATIONAL LINES W\ PIL Building. 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE VESSEL SEA FORTUNE SEA GLORY GOWA SEA FORTUNE SEA OLORY SIN SBY SMG SIN BLW StiM Sailed S«l«d In Port 4/8 S«M 4/6 7/6 10/6 11/S 4/6 7/S 11/S726 words
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Advertisement766 1986-06-03 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTfCNT EXPRESS CONTAINER SERVICE FROM UK/CONTICNT ALL VESSELS ACCEPT TRANSHPMENT CARGO TO/FROM PENANG AID EAST MALAYSIAN PORTS IKJJEBSEN LINE K. NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GUINEA AND SOUTH PACFIC gmwui ia 10/t I TOM) EXPRES s Noum»j Suva Aack Taut Nap*<766 words
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Advertisement422 1986-06-03 21 DJASAGETRI A Joint Europe Service Of: P.T. BJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE S'part Gcnoi Mm Li HawaLfe Arfam/RdamKbat GANDA BHAKTI' Vl5-MB 0-10/6 5/7 12/7 15/7 17/7 lt/7 22/7 S'pat HbM Mam/Mam Hamburi/Bremw 'MATMAM' Vl5-MB 21-23/6 16/7 20/7422 words
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Advertisement397 1986-06-03 21 BOUSTEAD SHIPPING AGENCIES HTONEYWA *212*1 •|£||i y|||| PA-AN VMM •ftjcharjinc Onhf V* NORTMOID TOU CLYDEBANK VI7N IVYBANK VlfiN FORTHBANK VI6N MORAY V.IN BURMA FIVE STAR (Burmese National Line) Loadmg for Rangoon < PKelanc Penanf Banket km 11/14 km 3/7 Jm BANK LINE EXPRESS SEM-CONTABER SERWCE FORTHBANK VI6S Spore 1/6 TO397 words
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Page 22 Advertisements
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Advertisement1374 1986-06-03 22 K KAWASAKI KISEN KAISHA. LTD. FEEDER VSI ASM SIM Mi MO OCX VSI AMALIA VOW 4 spore nut pnc spore kobe guayaqul cauao mhca kjuque atagasta santo» Valparaiso 30 Hit 31 Hit 1l» 3 kai It Mi MM 30 M 6 M I Aut M 14 11 CENTRAL AMERICA/CARIBBEAN SEA1,374 words
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Advertisement874 1986-06-03 22 JV AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers P KeUnj I liner Vessel S pore I Mrtb frea Sfdn Abo Accepts RAMOAS V 23 1? Inn 27 km 7 Jul 5 Jut Adel/tkis CAIA6AR V 76 70 kin CHAMMMS V2O 28 Inn 13 M 21 W 19 M Adel/B».s tSUCtimRVi)874 words
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Advertisement721 1986-06-03 22 GOLDEN LINE GUAN GUM SHPPMG (PTE) ITD 23. IM »rt> Slreet SMGAPOK 0104 TU 534W14 (It IMS) STRAITS/PERSIAN GULF SERVICE: Sp# GOLOEN HAVEN Colombo Mr jch. Bomta» Dutm GOLDEN Cm Colombo MuiCJl 0»b» 5/1 km* 22/23 km V I CHMA OCEAN SHPPMG CO., PEKING THE PEOPLE'S REPUBLIC OF CHMA SHM-COMTAMER/721 words
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Advertisement399 1986-06-03 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 Internationa 1 Plaza Singapore 0207 Tel *****1 V (10 Linesl <► BREAKBULK SERVICE TO EUROPE/UK PtST«S *****12 NOR ASIA IBM ***** S pare P. Keiang Loadng lar: 5/6 7/6 KOT/MT/U 21/® ROT/MIT/UK (AVON)/ BELFAST ROT/ANT/UK/(AVON) Afwts SMgapare RTUSU (PIE) LID MONK 22*511399 words
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Page 23 Advertisements
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Advertisement803 1986-06-03 23 i^NOL NEPTUNE ORIENT LINES LTD Aeents S pare NEPTUNE AGENCES PTE LTD 10 Hi ortKt I«™>n as B00«w nntv KB/«bt tpa/sea *****77 *****22 *****53 OR DMECT IMS ******3 *****42 I Bihru HARPER MR A SON BHD ?*IM P HcUnc HARPER DMA SON BHD 3****** P u,J HARPER MRA SON BHD803 words
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Advertisement471 1986-06-03 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG. BUSAN, INCHON WIS Spare No t Oorum SOW l/t No I Omum WMM 24/4 No 7Dm MSN 24/4 No 9 Oman/Mill 4/7 Nt t Doium/iOCN 15/7 Ni I Dorian MNt 23/7 Ni 7 Donan'&OM 1/| Ni i Onam/iOCN471 words
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Advertisement495 1986-06-03 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street S*ijapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** f KELANG PC HANG M/S SHARK*! NAH SOON SON BW IST ANO ?NO FLOOR. MESSRS HAI THONG495 words
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Page 24 Advertisements
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Advertisement401 1986-06-03 24 1 REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) HtSSB I WOT ISKVWE m m MTU KONSORTIM SEA DRAGON |m| 1 EEIES2ZE [2QE22E irTi-iirwi CSZHHE3 EEHEEII m *irgTm i w Fj/i mn EEIE22KI TO SOUTH THAILAND cm *v 1 m rrm ITlTwl IHLII r.j-M m MALACCA STRAITS FEEDER SERVICE TWCE401 words
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Page 24 Miscellaneous
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Miscellaneous145 1986-06-03 24 Regional Weather /J <» YJi A S3 s < IQS IIOOE hIOE X 120gK 10S SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND* R, Thunderstorm Temperature °C Weather Wind direction with speed in knots Rain W aw height Cloudy Sky Serf ace wUi are Indicated by arrows145 words
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Page 25 Advertisements
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Advertisement103 1986-06-03 25 MSG AGENCIES K.uaruß P. KELANG POMNG P. GUDAKG J. BAHAMJ *****H/*****54/*****44/*****93 *****1/4 TBMNAL 3SS3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22SS6S/22U65/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE TO EUTOtt FROM EUROPf i.«: 'ii.l hw liiJi iTtm KTM HTM H .1 -MtTT^Hy i■ ir ■mrni| IM 'J' !>■!!ETTMi.i:'IT 11 J/ ■miiia ALSO ACCEPTMG FOR: Aimor. L.103 words
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Advertisement191 1986-06-03 25 UNE INTERNATIONAL TO HOMO KONG TFS VOY 106 TFB VOY 107 TO HAMBURG TFS VOY 059 TO MELBOURNE. j TFS VOY A3O Eta Pan 7/0 13/0 Eta Pan Eta Hbg 5/0 29/0 TFS VOY TOO Eta Pan 7/0 eeluno Eta Fan 10/0 Eta Mai 27/0 Eta Kao 17/0 Eta Rdm191 words
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Advertisement87 1986-06-03 25 +*"'<[(.%/],^!;?.('^;\_^]~,__!= Scan Dutch V wmmmmmmmmmmmmmm TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) EEDER VESSEL PEN I PKG VESSEL SIN I)I*S€*LES 2) R-QAM 3)LOM>ON 4)MAHBU«O SiOCT^ENSURG TO RED SEA-MEDITERRANEAN CASABLANCA TO HONG KONG-TAIWAN-JAPAN-CHINA* FEEDER VESSEL PENANG NAGOYA 14/t 21/B n/t V 7 12/7 U/7 SINGAPORE HONG KONG R B ftraui/21S Kari|«/Z2S N. MH/74S FEEDER87 words
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Page 26 Advertisements
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Advertisement57 1986-06-03 26 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37. SomarMl Ro*d. #06-01, Ng T#o* Yh»« Bldg S pore 0923 T«l 235 6444 (4 Knot) Port Kflanj Tija Pma Shipping Sdn Bhd lei 03 38S0/4 5 Penanj Malaysia trade t Tranvpott ltd lel 04 61 /893 Pas* Gudanj Malawan57 words
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Advertisement325 1986-06-03 26 K S, ft.. 4 r MitsniOSK. Lines Ltd CONVENTIONAL/SEMI-CONTAINER ATLAS MARU APOLLO PEAK Mombasa, Daressalaam, Tanga Port Louis, Reunion AFRICA'S H°lJ I FULL CONTAINER SERVICES SEE MONDAY, WEDNESDAY. FRIDAY ADVERTISEMENT. HIMALAYA MARU S.A. VAAL NEDLLOYD COLOMBO OSAKA MARU HAYAKAWA MARU P. Noire. Abidjan. Monrovia. Apepa. Warn, Lome. Tema Durban. P.325 words
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