The Business Times, 9 September 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, SEPTEMBER I, 1«M 75 CENTS
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  • 540 1  -  Kuwaiti investment company snapped up 5.52 m shares last week By RAMESH CHANDIRAMANI THE ÜBIQUITOUS Kuwait Investment Office (KIO) has emerged as one of the parties which picked up a large chunk of United Industrial Corporation shares sold by Temasek Holdings early last week. The
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  • 788 1  -  By DAVID GABRIEL Spocial Correspondent THE COMMITTEE of Privileges' hearing on a complaint of abuse of privilege by Mr J B Jeyaretnam, the Member for Anson, developed into a dramatic confrontation between him and the Prime Minister yesterday, with the former refusing to withdraw
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  • 400 1 PARLIAMENT'S COMMITTEE of Privileges yesterday sat to hear a complaint of abuse of privilege submitted by the Leader of the House, Mr S Dhanabalan. The grounds for complaint were that the Member for Anson, Mr JB Jeyaretnam, had on six occasions during debates in Parliament: persistently
    400 words
  • Article, Illustration
    89 1 THE MARKET elased mixed yesterday attar prafit-tattag la the afteraeaa reversed galas made la the early mandag. fllagapen) baand Mae chips were In m seppsrt frem taratatlaaal bayers. Bat the same eeaM as* be said far Malayslaa shares whleh elaaed geaerally The Strata'XtaMa ladastrlal latex flatted U1 palate
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  • 352 1  -  By MARGARET THOMAS THE Singapore Association of Women Lawyers (SAWL) is seeking views on the need for a Sex Discrimination Act and bopes to document actual cases of discrimination. If the general opinion is
    352 words
  • 51 1 URA projects from where will the money come THE URBAN Redevelopment Authority, with an operational surplus last year of $49 million, says it will have to borrow to finance future projects. But it is not saying just when these projects will come off the drawing board. For details, see page
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  • 55 1 Reuter JAPAN will give formal approval to its participation in President Reagan's Strategic Defence Initiative research programme at a Cabinet meeting today. Foreign Ministry officials in Tokyo said yesterday that the Cabinet would approve the agreement already reached among key members of the government to Join
    Reuter  -  55 words
  • 282 1 SERI BEG AW AN Sultan General Sir Muda Omar Ali Saifuddien, Defence Minister and the father of Brunei's Sultan Has- Bolkiah, died on Sunday night. He was 71. President Wee Kim Wee, accompanied by the Acting Minister for Trade and Industry Brig Gen Lee
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  • Page 1 Advertisements
    • 94 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM LOT Hi-Tecpainf Vs NEW Liquid System Transparent window lets you see how much ink you've used up. The jumbo ink tank-holds ink to write for more than 2 kilometres, twice the mileage of ordinary pens. There is no drying up, even if the HiTecpoint
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    • 240 1 SHARE MFORMATION MONEY A EXCHANGES RAW MATERIALS AMCRAFT SCHEDULE TV ft RADIO OUR VIEW SO THE TAXMAN IS SET to rake in record takings in goming taxes as legalised gambling agencies pack in the punters. What better time, then, for this paper to restote its position on the issue of
      240 words
    • 342 1 7 I ir Most MC 4 f i I« X I'jijox Ircsh seafood :iI tin-1 l>M< SeatiMwl cnlre and \on could «in a trip or one ol 110 oilier "jreat |>ri/es. It v,t lik k\ 11. iw< >' >.11 pt. >p> m 11. mis w it!i K\Vl\ lll'J IK I
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  • HOME NEWS
    • 454 2  -  Investment mission sees potential in hotels and industry By ELAINE KOH HOTELS AND INDUSTRIAL projects are two sectors in the Philippines that look promising (or Singapore investors, reports an investment mission that has just returned from Manila. However, there are problems in repatriating profits and in the
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    • 305 2  -  By GOH YEE LING SECURITY AGENCIES play an important role in preventing crime on industrial and commercial premises, Mr Chin Harn Tong, the Senior Parliamentary Secretary (Home Affairs), said yesterday. Eighty per cent of industrial premises broken into last year did not
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    • 219 2 LEM HON SAN has joined Kleinwort Benson (Singapore) Limited as its head of corporate finance. Mr Lem, who has 11 years of experience in corporate finance, was formerly the deputy general manager leading the corporate finance department of Bumiputra Merchant Bankers Berhad in Kuala Lumpur. HOE CHIN
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    • 234 2 Shift workers easier to keep than to find MANUFACTURERS find it easier to retain than to recruit shift workers, according to a survey by the Ministry of Labour. The survey, carried out last December, found that two out of five manufacturing companies had difficulty recruiting local production workers for shift
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    • 209 2 A WILD BIRD in the hand is worth a $1,000 fine under the Wild Birds and Animals Act, which protects freeroaming creatures from hunters, trappers and pet lovers with a taste for the unusual. With the exception of the lowly crow, all 289 species of
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    • 269 2 AN ADMISSIONS TEAM from an Australian university will be in Singapore later this week to woo prospective students. Its selling points no red tape and visa fee, but no subsidy as well. Full-fee paying students at Murdoch University, Western Australia, will not need to
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    • 110 2 SEX EDUCATION BOOKS and cassette tapes by a local gynaecologist, Dr V Atputharajah, are to be marketed in Singapore. The three books, each with accompanying cassettes, make their debut at the Book Fair, now on at the World Trade Centre, under the Europhone Language
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    • 130 2 KEPPEL Shipyard has completed a $8 million major repair on the Shalva Nadibaidze, a Russian floating fish processing factory. Under the contract, which was awarded by Sudoimport, Keppel installed four new freezing plants and replaced the ship's complete conveyor system on the factory deck
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    • 294 3  -  By LIM SOON NEO SINGAPORE'S effort to establish itself as a telecommunications hub has been underpinned with the completion of a submarine cable system connecting the continents of Asia, Africa and Europe. Telecoms has an 18 per cent stake (worth more than US$7O million)
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    • 320 3 Seminars and courses DURATION TITLE Sep 15-17 Sales Leadership by Objectives Part II Sep 15-19 Planning for Information Technology Sep 16 Briefing on Joint Ventures With Japanese Companies Sep 16-18 QC Circle Top Management Course Sep 16 Precision Architecture HP's Experience With RISC Sept 16 Materials Handling (commen- Course
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    • 269 3  -  By MARTIN SOONG RETAIL ELECTRONICS chain Pertama Group is expanding in Singapore with the opening on Thursday of two new outlets in prime shopping areas. A third new outlet, also in a major shopping complex, is expected later this year. The larger of
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    • 100 3 PRIME COMPUTER has sold a 1750,000 computer-aided-design and manufacturing (CAD/CAM) system to Jurong Engineering Ltd to help the company improve its competitive edge in large international tenders. The system, a software programme called Medusa running on a Prime minicomputer, would also help JEL forecast and control
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    • 655 3  -  By LEE HAN SHIH, Property Correspondent THE URBAN REDEVELOPMENT Authority, one of the 10 richest statutory boards in Singapore with more than $100 million of cash in hand, said it would have to borrow money to finance future projects. In its 85/86 annual report
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    • 142 3 MOST OF THE URA's conservation and redevelopment projects are still sitting on the drawing board, with no indication of when any will see daylight. In its 1985/86 annual report, released yesterday, the URA said studies on the preservation of Chinatown, Kampong Glam, the Tanjong
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  • Page 2 Advertisements
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    • 73 2 Prompt pickup and delivery 24 hours a day FACTORY FOR SALE $1 MILLION Land area: 36,0005q.m. Building area: 15,0005q.m. Height of building: 9.144 m Breezy all day 1. Canteen, Sanitary facilities/water electricity supply, sprinkle system. 2. 4 Unit of 2.2KU 1,000 K.V.A. Transformers, suitable for all types of industry except
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  • Page 3 Advertisements
    • 108 3 n b a 5 September 5-14 Poolside (sth Floor) Royal Holiday Inn Singapore Penang's top 10 specialities prepared by 21 hawkers, specially flown in to ensure absolute authenticity. Offering the island's all-time favourites in true hawker-style, as if you were in Fenang. All you can eat at $13.50 per adult
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    • 258 3 Interstuhl. It takes only $135 to prevent you from falling head over heels Interstuhl. The one swivel chair specially designed with an anti-tilt 5-arm base and twin wheel castors. For people who like to get around without falling over. As for the back. It can be adjusted horizontally and vertically
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  • ASIA-PACIFIC
    • 507 4 Reuter A SENIOR Australian Cabinet minister yesterday warned his country of another round of belt-tightening as a major bank predicted that the country faced the prospect of a protracted recession. "It is quite clear that within the next 12 months the government will
      Reuter  -  507 words
    • 259 4 Reuter BANGLADESH'S major opposition groups have announced they will boycott a presidential election due on Oct 15, signalling a possible crisis for President Hossain Mohammad Ershad. Three political alliances and the Muslim fundamentalist Ja-mat-e-Islamic Party charged on Sunday that Mr Ershad would rig
      Reuter  -  259 words
    • 65 4 Reuter A FORMER STOCKBROKER and bead of Hongkong's commodities exchange pleaded not guilty to charges of conspiring to defraud and theft of shares worth HK$5.2 million, Hongkong court officials said yesterday. Peter Scales was earlier charged with nine counts of theft and conspiracy to defraud
      Reuter  -  65 words
    • 419 4 Bernama MALAYSIAN Prime Minister Datuk Sen Dr Mahathir Mohamad said yesterday that the leaders of the Third World whom he met at the Non-Aligned Movement Summit in Harare, Zimbabwe, had agreed to accept and implement proposals to be submitted by the
      Bernama  -  419 words
    • 543 4 AP PINK clapping rabbits and squawking robots joined the clamour at the Tokyo Toy Fair last week, but their makers said the yen's jump had left little to laugh about. "Small companies are crying," said Yosuke Nakajima, director of
      AP  -  543 words
    • 206 4 Reuter THE NEW ZEALAND economy is at a turning point, with stock and production intentions rising and pastoral agriculture showing signs of resilience, the Bank of New Zealand (BNZ) monthly economic indicators survey has said. The survey said the New Zealand economy
      Reuter  -  206 words
    • 307 4 Reuter INDONESIA yesterday assured Australia it would continue to grant landing rights to its military planes, less than a week after the Defence Ministry abruptly suspended the facility. "Assurances were given that the procedures for landing approvals which have been followed in the past
      Reuter  -  307 words
    • 916 4 ARRIVALS Ofwrotor number Local time From SIA UA CAL GIA FT sv SQI17 UA805 CI34I GA1317 FT75 SV398 0005 0010 0155 0225 0314 0440 KUL JFK/SFO/HKG TPE UPG DFW/IAH/ORD/ ANC/NRT/ MNL/TPE JED/RUH SIA CAL MAS MAS MAS SIA AC CPA MAS RBA GIA GIA SIA SQ68I 0911
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  • Page 4 Advertisements
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    • 5 4 Autsic unions chtHtogcd, Pag« 7
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    • 60 4 fI 1/ VI \l\ If I yi The business person's choice, every I I II 111 I Tuesday, Thursday. Saturday and I 1 1 VI II M Sunday. Leaving Changi Airport at I y/ I \y L JL 22:00 hours and arriving at Lester B Pfearson International Airport the following
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  • REST OF THE WORLD
    • 376 5 UPI OPEC APPEARED to be on target in its effort to reduce oil production to 16.9 million barrels a day in September from nearly 21 million barrels a day in August, Petroleum Intelligence Weekly reported in its Monday edition. "By contrast,
      UPI  -  376 words
    • 438 5 World commerce risks prolonged decline Reuter INCREASING protectionism is undermining confidence in the world trading system and may lead to a prolonged decline in global commerce short of a trade war, according to a study issued yesterday by a key trade watchdog body. "Such a
      Reuter  -  438 words
    • 99 5 AP AN AVERAGE of one in every four US households is likely to be burglarised over a 10-year period, and so far this decade, households have lost an estimated US$l3 billion to burglars. The FBI said yesterday that residential burglaries reported to law enforcement
      AP  -  99 words
    • 292 5 Reuter AIRLINE PILOTS could be controlling their aircraft by voice commands rather than mamuii operations within a few years. Scientists at Britain's Royal Aircraft Establishment (RAE) in Farnborough are developing a sophisticated voice control system for use in the European Fighter Aircraft, which
      Reuter  -  292 words
    • 172 5 NYT SPEAKING on the final day of Harvard University's 360 th anniversary celebration on Saturday, its president, Derek Bok, warned that some professors were becoming more caught up in the contemporary pursuit of affluence, undermining the mission of the university. For many scholars, he said,
      NYT  -  172 words
    • 362 5 NYT LATIN AMERICA'S economy, plagued by enormous debt and no growth, is caught in a four-year-old recession that is lengthening dangerously. The Inter-American Development Bank, in a report released yesterday, said that the economic slump would continue into the foreseeable future in part because
      NYT  -  362 words
  • Page 5 Advertisements
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  • Page 5 Miscellaneous
    • 39 5 Doonesbury ''IV/V/T ULILI mi, 1 WINK THINGINEEPMUCHOOUG6P, AMIOO. a it.* f! HM p m V i SiBB V/ BY GARRY TRUDEAU I'M POIN6 RESEARCH 0N... UH...VJUA66 UF6 IN 150LATSP NICARAGUAN FARM COMMUNITIES UKE VOURS. Si ,7 S 5* a
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  • BANKIGN AND FINANCE
    • 354 6  -  80H TIANG KENG Financial Corraapondant BANK LOANS to industry were up by $20 million in June after three consecutive months of decline, another indication that the economic recession has bottomed out. Latest figures from the Monetary Authority of Singapore show that bank credit
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    • 478 6 MBT BANK NEGARA may consider withdrawing the authorised foreign exchange dealer status of banks if they do not have the interest or capability to deal actively in the interbank foreign exchange market. Governor Datuk Jaafar Hussein said: "It is ironic that, with all
      MBT  -  478 words
    • 637 6 Reuter SINGAPORE: THE US dollar yesterday rose against most major currencies in late trading following news that no agreement was reached at last weekend's meeting between the US and Japan, dealers said. Japanese Finance Minister Kiichi Miyazawa told a press conference yesterday afternoon that no agreement was reached
      Reuter  -  637 words
    • 222 6 Interbank rotes at 3pm yesterday: Md Offer a vooo partly CfcMfO Local dollars to om unit of foroign currency: US dolor 2.1665 2.1675 2.8196 -23 16 Sterling pound ***** ***** 7 3469 -55 91 Austrafcon dolor 1 3323 1 3351 3 4286 -61.14 NZ dolor 1 0366 1
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    • Article, Illustration
      263 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at unchanged to slightly firmer opening levels in quiet trading with operators cautious amid uncertainty over interest rate trend following last weekend's Japan-US ministerial meeting. Asian dollar CD rates were little changed from opening levels, which were steady to slightly higher.
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    • 616 6 BA Futures rirriillir futures yesterday gapped down sharply from last Friday's close In Simex as the US unemployment figure turned out to be better than expected. The December contract opened unchanged from Chicago's low closing level and traded in a narrow range as market participants awaited news of the
      BA Futures  -  616 words
    • 314 6 HONGKONG: GOLD yesterday closed lower on heavy proflt-tak-ing after the metal's sharp gains last week, dealers said. The bullion price settled at U*****.50/420.50 an ounce against an initial US$423/425. This compared with Saturday's close here of 422/424 and New York's Friday final of U*****.60/423.10. Dealers said last week's hijacking
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    • 67 6 THE OVERNIGHT rate on the Singapore interbank money market cloeed at 1/2 point yesterday, down 3/4 point (ram Friday. The one-month term rate (ell by 1/4 point while the two and three-month rate* fell 3/16 point. S$ Interbank rates at 7pm yesterday: OMw M r*ght 1/2 1/4 1-month
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  • Page 6 Advertisements
    • 139 6 f our. attain ,lo.3B*' atta, Tso3B* II X M SF Y S P 500 EUROSdm NIKKEI stock average t dm SFgold Championship Of Financial Futures Trading Each month, for the next four months of The Champion for each month will receive September December 1986, all our these awards current and
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    • 212 6 Rabobank: your partner for business with the Netherlands. Rabobank Nederiaixi, with offices in Singapore, Hong Kong and Jakarta, provides a personaj service to companies with trade relations in the Netherlands. Rabobank is an "AAA"-rated Dutch co-operative banking institution with total assets of U.S. S 48 billion. It ranks among die
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  • WOLD BACKGROUND
    • 416 7 Reuter NUR MISUARI, the guerilla leader who met Philippine President Corazon Aquino for peace talks last week only days after returning from years of exile, was the catalyst in uniting Muslim fighters in the southern Philippines. The 45-year-old founding chairman
      Reuter  -  416 words
    • 690 7 AFP WHEN TAKAKO DOI swept to victory to become the first woman to bead a major Japanese political party, she joined a small but visible group of women in Asia slipping through the door at a traditionally allmale club. In a year
      AFP  -  690 words
    • 803 7 Reuter AUSTRALIAN Prime Minister Bob Hawke's Labour government faces growing militancy from a powerful "New Right" movement which wants to destroy union power in the country. The movement backed by businessmen, industrialists and academics who control vast mining, industrial and agricultural resources wants to abolish the government-backed
      Reuter  -  803 words
  • Page 7 Advertisements
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    • 307 7 WveputAephisinPCs. The EPSON PC+ is a personal computer. Plus two built-in operation speeds of standard 4.77 MHz and 7.I6MHz clock speeds. Plus five built-in IBM® compatible I/O expansion slots. Plus a built-in parallel printer port. Plus a built-in serial I/O port. Plus built-in support for the optional 8087 math co-processor.
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  • FEATURES
    • 478 8 WHOEVER LOSES, and however often, the Government is going to emerge the clear and consistent winner from the current surge in betting. Its "take" will probably exceed the $140 million collected in gaming taxes last year. The taxman looks set to break a record this year as
      478 words
    • 1776 8  -  The modern American university, born 350 years ago, has grown to such a size that it is more appropriately described as a 'multiversity', not one community but several. The university's sheer size is producing problems of management and
      NYT  -  1,776 words
  • Page 8 Advertisements
    • 209 8 0 the real VIEWS ...from the men who orchestrated the success stories of the last decade and built corporate giants like AT T, Sears Roebuck, Westinghouse Electric, etc "VIEWS FROM THE TOP" is a hardback book of how the top men of American industry won their success. It is available
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  • Page 8 Miscellaneous
    • 705 8 CRYPTIC PUZZLE ACROSS 3 Pieces knocked off in fishy circumstances? (5) 8 Thinner but better (5) 10 Those of on Australian game? (5) 11 A woman (One in her fifties?) (3) 12 Look tired and give the doctor nothing but work (5) 13 He had telescopic vision (7) 15 He's
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  • SPORTS
    • 519 9 America's Cup South Australia Syndicate seeks more funds UPI THE SINGLE-BOAT South Australia Syndicate is off to a troubled start in its campaign to defend the America's Cup. Ben Lexcen designed the keel and Australia's most famous yachtsman, Sir James Hardy, is behind the effort but more financing is needed.
      UPI  -  519 words
    • 344 9 UPI SPAIN'S Jose-Maria Olazabal captured his first pro title with a blistering finish in the US$4OO,OOO European Masters on the Cran-Sur Sierre course in Switzerland on Sunday. The 20-year-old from San Sebastian grabbed five birdies in a row from the 12th for a last
      UPI  -  344 words
    • 406 9 UPI TWO-TIME world Formula One champion Nelson Piquet of Brazil powered his Williams car back into the fight for the title as he held off British team-mate Nigel Mansell to win the Italian Grand Prix in Monza on Sunday. Piquet, world champion
      UPI  -  406 words
    • 583 9  -  By BRIAN MILLER TODAY, Peter Hill is a happy man. His recent showing at the Just-concluded Hongkong Open squash championship is reason enough (or celebration. But tomorrow is another day and another tournament. "Hongkong was probably my best," the Singapore professional said. "Beating Qamar
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    • 390 9 AP THE 13-DAY grind of the US Open never got to Ivan Lendl, who is at the peak-of his game. Lendl successfully defended his tennis championship on Sunday with a M, 6-2, 6-0 rout of fellow Czechoslovak Miloslav Mecir. The top seed gave as much
      AP  -  390 words
    • 388 9 Czech-mate! Navratilova scores third win AFP TOP-SEEDED Martina Navratilova of the United States won her third US Open tennis championships singles title by defeating number seven seed Helena Sukova of Czechoslovakia 6-3, 6-2 on Sunday. Navratilova was the US Open champion in 1983 and 1964. Last year, she lost in
      AFP  -  388 words
  • Page 9 Miscellaneous
    • 1217 9 TIBET BETWEEN BUDDHA AND MARX 9pm, Channel 12 This programme offers an interesting glimpse into a country long closed to foreign scrutiny. Much is shown of Tibetans' difficult livelihood, Buddhist faith and the country's history from the political ascendancy of the lamas to the establishment of Chinese Communist rule. NOEL
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    • 44 9 Play gol£ the Sevvy way <SHr OF TH€ MOST tHFRCUtT 7H/NG& A&OUT TEACHING THE GOLF 5»WV» THT THE SAME MOVEMENT CAN tHFFEAENT PEOPLE... THE LONG 3TAN&NG THEORY /S THAT THE CLUB $HOUU> SE TAKEN SACK WITH THE LtFTAAM POM/NAHT, BUT THfS HOT HOW/SEE/T. N*
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  • INTRNATIONAL COMPANY NEWS
    • 595 10 FT SIR THOMAS RISK, governor of the Bank of Scotland, has revived the controversy surrounding his forced departure as non-executive chairman designate of Guinness, the UK brewing and leisure group. Sir Thomas issued a public statement which made clear he was not a
      FT  -  595 words
    • 947 10 FT THE PHILIPPINE stock market has come back to life after nearly six depressed years during which a large number of brokers were driven out of business. The market is not as vibrant as it used to be but encouraging enough
      FT  -  947 words
    • 591 10 Reuter VIGOROUS back-to-school sales in the last days of August seem to point to a long-awaited improvement in the remaining months of 1966 for major retail chains in the US, analysts said. Jeff Edelman, an analyst with Drexel Burnham,
      Reuter  -  591 words
  • Page 10 Advertisements
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    • 177 10 K3 ias 11 i tt; 111 the moon and delivers it For starters, our mooncakes are simply delightful. So is the heavenly spread at Cafe de Prince Mid-Autumn Festival Lunch and Dinner Buffet at $16++ per adult and $12++ per child. Over at Feng Ch£ng Ldu /jr /JgM Teochew Seafood
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  • ASIAN STOCKS
    • 330 11 HONGKONG: Share prices closed slightly firmer yesterday with the Hang Seng Index at a record high but a late round of profit-taking erased most of the early gains. The index ended 1.45 higher at 1,969.96 after being up more than 19 points in early trading. The Hongkong Index improved
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    • 231 11 scr m WT Kuochan Dav Lm Chang Yuan 20 30 31 70 •0.2 +0.3 23 80 unch 1125 -0 25 fSu^Tom 31 60 0.3 34 00 06 Chang Hwo Bank 39 30 25 20 unch 1 2 Nat krtv«tm«o» 367 90 3.9 Chn Htm Fkx* 22.70 10.00 23 40
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    • 390 11 TOKYO: Prices fell in thin trading yesterday with investors uncertain about the possibility of concerted discount rate cuts and the direction of oil and foreign exchange markets. The market average fell 211.56 to 18,552.25 after dipping 11.27 in Saturday's half-day session. Volume was 550 million shares compared with 750
      390 words
    • 86 11 str ot NMS Marat Ml Oriental B Z 0.013 -0 001 Phi Ovwmo* 0016 unch Ac Of* M«wig ***** *****2 PMn 8 0.33 4-003 0016 0 001 (Scop B PLOT 145 -77 S Alto* Con. 6 13 unch San MaguaJ B 65 50 +0.5 Boguk> Gobi S«afront 0 0085
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    • 426 11 SYDNEY: Australian share markets closed easier in brisk trading yesterday, with profit-taking among quality industrials offsetting solid demand for leading miners. Sharp rises in world bullion prices at the weekend sparked selective buying interest for gold stocks with the share prices of most major explorers and producers closing on
      426 words
    • 120 11 SEP M Woo IMS 27 Kongo on bid Kjo Motor 1070 1941 -18 30 540 5 2300 70 Daewoo Cap 1570 1414 60 29 Koroo Lang Tomt Lucky Ltd 1420 1640 ♦6 30 DataNn SkuMm Dong Ah Phor Dong Stit Stock Doogbu Stool GoldStar Hani Bark Hani Cmmmr* Harfcuk
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    • 321 11 Reuter BELL RESOURCES LTD unit Weeks Petroleum Ltd has exercised an April 1985 call option to acquire 88 million shares in the Broken Hill Pty Ltd from the Adelaide Steamship Co Ltd at A 55.92 each but completion will not take place
      Reuter  -  321 words
    • 192 11 Brambles attributes profits to overseas expansion Reuter BRAMBLES INDUSTRIES Ltd said the rise to its 13th consecutive record annual profit in the year ended June 30 largely reflected its foreign expansion, particularly over the last three years. The transport group lifted net earnings to A ***** million in the year
      Reuter  -  192 words
    • 162 11 Reuter BANGKOK: The Securities Exchange of Thailand Index yesterday gained 1.41 to 160.86. Turnover amounted to 1,061,374 shares valued at 212.2 million baht. Reuter S£P OS Ao Kham Thai Alio Ffera MMI Sam Ctrrxnt Siam Cubans Siam CMzara 711 *MP *UH> 24 Ayudhya kwamntn. Agro-lnd Bandiok Bank Bam Of
      Reuter  -  162 words
    • 52 11 Reuter A SHANGHAI Joint venture company half-owned by West Germany's Volkswagen plans to produce a 5,000-yuan-car. The China Youth News said only 124 of Shanghai's 12 million people had cars and nearly all were used as taxis. The Shanghai plant mainly produces the Santana, a
      Reuter  -  52 words
    • 173 11 AFP ELDERS Finance Group, the largest non-bank financial institution in Australia, is moving into bullion and futures trading in Hongkong. Elders said in a statement it is expanding its activities in Hong kong through a Joint venture with General Management (HK)
      AFP  -  173 words
    • 106 11 Reuter SAMSUNG SEMICONDUCTOR' and Telecommunications Co Ltd has developed a 256k static ran- dom-access-memory (ram) chipwhich it plans to begin exporting in mid-1967. A company spokesman said South Korea will become the thirdcountry after the US and Japan to produce the 256k static ram chip.
      Reuter  -  106 words
  • Page 11 Advertisements
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  • RAW MATERIALS
    • 581 12 FT LOWER PROFITS are causing many London broking firms to take a hard look at their operations and a steady trickle of cutbacks has been apparent over the past year in the city's "soft" commodity markets. > World oversupply in cocoa, coffee and
      FT  -  581 words
    • 268 12 AFP DELEGATES from the 22 nations in the International Tin Council (ITC) gather for a two-day council session in London today to discuss the crisis-torn International Tin Agreement. This will be another in the series of "special" sessions held by the debt-ridden producer-consum-r er body
      AFP  -  268 words
    • 120 12 UPI PHILIPPINE coconut exports for the first seven months of this year totalled 1.2 million tonnes, up from last year's 584,637 tonnes, according to the United Coconut Association of the Philippines. Earnings from the exports during the period, however, posted on- ly a 6.6 per cent
      UPI  -  120 words
    • 229 12 Reuter A US COMMODITIES broker and entrepreneur said he is going to China this month to try to barter used Texas oil rigs for Chinese crude oil. Dana McCurdy, with extensive contacts in the US energy and farming sectors, said he
      Reuter  -  229 words
    • 146 12 Reuter VENEZUELAN Minister of Energy and Mines Arthur Hernandez Grisanti has said that wells in the eastern Monagas state could yield one billion barrels of oil, making it the most important Venezuelan oil find in 20 years. Mr Hernandez said last week
      Reuter  -  146 words
    • 333 12 Reuter SINGAPORE THE MARKET yesterday closed higher with October One RSS quoted at 185.00 cents per kilo, up two cents from last Friday, dealers said. The morning session gained 2.75 cents on some speculative buying in moderate trading, they said. But the gain was pared slightly in quiet afternoon
      Reuter  -  333 words
    • 251 12 NYT INDIA, which has been demanding sanctions against South Africa, conducts trade worth hundreds of millions of dollars every year with the subsidiary of a South African mining company, according to official sources. Much of the trade involves the importation of rough
      NYT  -  251 words
    • 143 12 Chinese Produce Exchange Sellers' neon down prices on Sept S (SS/100 kfl) Coconut oil Bufc Foe 43.00 Ok) drum FOB 56 00 New drum FOB 60.00 Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW BWP FOB NSW Gambier FOB NSW 585.00 1405.00 1289.00 330.00 Copra Mixed Goose) Pepper
      143 words
    • 100 12 Beater THE KUALA LUMPUB tin market price yesterday NM (NT cents to MH4.12 per kite, malaly drug kiytig latereat Priees nMved ap alter epealag aachanged tram last Thursday's level, wttk Mis at ltt toaaee initially. Bat total teaaage declined later aa the price peaked at M 114.15. Taraever
      Beater  -  100 words
    • 205 12 MALAYSIAN crude palm oil prices yesterday closed slightly firmer on light covering, recovering further after recent easiness and supported by a rise in palm oil futures and a higher Chicago soyoil futures close, dealers said. Trading was thin as operators were reluctant to trade and preferred to await
      205 words
    • 297 12 RAS prices m S c«att/k«, FO# m b •tat NOON CLOSE Int 1 RSS Prompt 186 00 187.00N 185.00 186 00N Int 1 RSS Oct 86 185 75 186.25 185.00 185.50 Int I RSS Nov 86 186.00 186.50 185.25 185 75 Int 2 RSS OP 180.00 182.00N
      297 words
    • 889 12 Reuter COFFEE ROBUSTA FUTURES yesterday morning hit the highest levels since early April before overhead resistance and mixed selling trimmed gains up to the recess. Fundamental support for the move came from the tightness of spot physical robustas, with nearby futures positions running at premiums to deferreds. November
      Reuter  -  889 words
    • 92 12 (cmtt/kg, 1-ton p°**n)0CT 86 NOV 86 (currant month) (forward month) NOON NOON RAS Bwyors SlBirt SSR 20 163 00 165 00N 163.50 165 50N SSR 50 160 00 162 OON 160.50 162.50N MRELB uv rl Stltgri Sellers SMR CV 242.50 244.50N 243.50 245.50N SMR L 242 50
      92 words
    • 65 12 Bangkok Broken Rice 133 130 (USS/tonM, FOi) A-l Super A-l Sp«c>ol White Rice C-1 Specol C-1 Ord unq i«q 100% 1st doss 260 100% 2nd doss 225 Loonzoin Rice 100% 3rd doss 220 100% 1st grade imq 5% 10% oin 100% 2nd grade 100% 3rd grade 220 unq 15%
      65 words
  • Page 12 Advertisements
    • 265 12 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 185 KIMLIM REALTY PTE LTD (IN VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Members of Klmllm Realty Pte Ltd duly convened and held at 150 Rangoon Road Singapore 0821 on the 4 September 1966, the following resolutions set out
      265 words
    • 266 12 IN THE MATTER OF THE COMPANIES ACT, CAP.IBS GOOD6PEED CHEMICAL A ENGINEERING PTE LTD (la Vataatary UqaMadaa) At an Extraordinary General Meeting of Members of the Company held at 95, South Bridge Road, #12-05, South Bridge Centre, Singapore 0105 on 4 September, 1986 the following special resolutions were passed:(1) That
      266 words
    • 324 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OF EKMAN PULP PAPER PTE LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 185, that the Final Meeting of the abovenamed company will be held at 3 Shenton
      324 words
    • 264 12 THE COMPANIES ACT, CAP. IK AND ASEACON PTE LTD NOTICE OP SPECIAL At an Extraordinary General Meeting of the members of ASEACON PTE LTD duly convened and held at No. 88 Jalan Benaan Kapal, Singapore 1439 on 8 September 1986 the Special Resolution set out below was duly p&ssed:RESOLVED that
      264 words
    • 59 12 DEBENHAM TEWSON CITY VALUERS PTE LTD INTERNATIONAL PROPERTY CONSULTANTS Valuers. Property Managers. Estate Agents. Auctioneers If You Wish To Sell Or Let Your Property In Our... Singapore London Property Investment Exhibition 7th Bth Oct 86, Sheraton Tower, Singapore Individual or Enbloc Residential, Commercial or Industrial Kindly Contact Us At Tel:
      59 words

  • SHARE INFORMATION
    • 4300 13 AFTER a day of alternating bouts of buying and profit-taking the Singapore stock market closed mixed. Turnover remained heavy throughout the day. The Straits Times Industrial Index finished 2.91 points lower at 841.97 and the BT Composite Index eased 0.26 point to 718.57.
      4,300 words
    • 235 13 SINGAPORE C ProaartN YH J NOl 0 B S Om Tack Not Iran HanSaw' 1 Matro Mid Sfcaafri-la U 0 1 CWa. Haf Rise* 448 290 199 795 146 474 50« 122 4m 263 p 422 338 267 153 106 Falls «0 IndicM Sap 5 Sap 8
      235 words
    • 4206 13 BID and offer prices officially listed and business in and reported to the Stock Excftaqge at Singapore yesterday with uie number at shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT'.
      4,206 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 668 14 NST THE KUALA LUMPUR Stock Exchange has adopted a more market-oriented approach in ensuring the growth of the securities industry. This has taken the form of more strenuous efforts to promote its image overseas and to educate the public on the exchange's functions
      NST  -  668 words
    • 565 14 PROFIT-TAKING took share prices to a mixed finish at the Kuala Lumpur stock market yesterday although some fresh buying was seen in some counters. Plantation stocks attracted investors' attention and rose on buying support. A few blue chips and Singapore-based stocks also picked up
      565 words
    • 470 14 MBT SIME DARBY has achieved a major breakthrough into the Japanese shoe market. Sime Darby Footwear, which manufactures shoes under a Malaysian label "Aliph" is teaming up with a Japanese shoe chain, Chiyoda Shoe Shop, to distribute its shoes in Japan. The company has
      MBT  -  470 words
    • 2520 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. VOUSTRMLS A quo Aiwamoto (2988 300S) (4) 300 Akom (748)
      2,520 words
    • 117 14 HONGKONG Hongkong Index Monday 1239 81 Friday 1239.01 Week ago 1193.96 Hang Seng Index Monday 1969 98* Friday 1968 53 Week ago 1903 02 All Industrials Monday 1956 0 Friday 1970 9 Week ago 1918.4 NEW YORK Dow Jones Friday 1899.75 Thursday *****1 Week ago 1898 34 TOKYO
      117 words
    • 274 14 Managers' prices MARA-Bumiputra for Sep 9 Frst B'putro 4 92 4 97 Singapore Unit Trust The Commerce 0 90 0 97 The Savings Fund 0 81 0 87 S'pore Prog Fund 0 36 0 40 S'pore Sec Fund 0 61 0 66* S'pore Invest Fund 061 0 66
      274 words
    • 117 14 Malaysia Alea Berhad: 17th AGM Sayang Room, Rasa Sayang Hotel, Batu Ferringhi, Penang, on Thursday, Sep 18, at 11am. Alexaadra Holdings Limited: AGM at 255 Alexandra Road, Singapore 0315, on Saturday, Sep 20, at noon. Malayaa Credit Limited: 24th AGM at Mandarin Court A, 4th Floor, Mandarin Hotel,
      117 words
    • 681 15  -  By HOMER CHEN METAL CONTAINERS Ltd (MCL) has renegotiated and agreed to acquire additional stakes in two related packaging companies Metal Containers Packaging (Pte) Ltd (MCP Singapore) and Metal Containers Packaging (Hongkong) Ltd (MCP Hongkong). An earlier agreement to acquire a 15.4
      681 words
    • LATEST RESULTS
      • 94 15 Group after tax profit of Msl.7 million (M 56.2 million) for the year ended April 30, 1966. There was an extraordinary loss amounting to $1.13 million which reduced bottom-line profit to $573,000 ($6.2 million). The company said the extraordinary item represent pro- visions for diminution in
        94 words
    • 238 15 Company RIGHTS ISSUE A B N One-for-ten Bedford One-for-one fe $0 50 per share D C Bank One-for-two ©$0 50 per share Duta Cons One-for-one $1.10 per share George Town Two-for-one $1.00 per share Kesang Hklgs Three-for-two $1.10 per share M A A Frve-for-one fe, $120 per share
      238 words
    • 508 15 LAST FULL YEAR Company Period Date Yeor Net EPS Gross Net profit announced ending (cents) div lost yeor (S'000) S J Amal Interim Dec 19 Mor 86 73 527 H Leong Credit Interim Mar 14 Jun 86 23.0 15.0 16,813 Everpeoce Corp Interim Mar 25 Jun 86 675L
      508 words
    • 241 15 PARKWAY HOLDINGS Ltd, the property-based company controlled by the Tan family of IGB Corp, has hived off its entire interest in loss-making subsidiary Better Living Pte Ltd. Parkway announced yesterday that it was selling its entire shareholding of 500,000 shares of $1 each
      241 words
    • 192 15 SEALION HOTELS has confirmed that negotiations are still continuing with prospective purchasers and parties who have "expressed an interest in injecting funds into the company". Replying to a query from the Stock Exchange of Singapore on the future of Hyatt Regency Hotel in Scotts
      192 words
    • 77 15 MBf FINANCE Bhd said the Foreign Investment Committee has offered no objection to its proposed purchase of six floors of Plaza MBf on the proviso that approvals are granted by Bank Negara and shareholders. The company said it has received approval from shareholders at an EGM held yesterday.
      77 words
    • 509 15  -  By AMY CHEOK THE various economic recovery measures introduced by the government earlier this year have played a significant part in helping Shangri-La Hotel Ltd improve its performance for the first six months of the year. But Shangri-La reckons that the enormous over-capacity in the hotel
      509 words
    • 579 15  -  By LORETTA McLAUGHLAN UNITED PLANTATIONS Bhd has turned in sharply reduced interim profits due to the slump in the commodity industry. With the overall selling price of crude palm oil and copra running well below the average cost of production, the group's margins were
      579 words
  • Page 14 Advertisements
    • 13 14 Victor Morris Pte Ltd Valuers. Auctaneers and Agents of Property Pbnt and Eflupment
      13 words
    • 48 14 NATIONAL UNIVERSITY OF SINGAPORE Presents Public Lectures on Language and Learning by Professor Michael A K Hallidav Lee Kuan Yew Distinguished Visitor TODAY'S TOPIC (Tuesday, 9 September 1986) Language, learning and "educational knowledge" Venue: Lecture Theatre 13, Kent Ridge Time: 5.30 pm For enquiries, please call: *****03,*****22, *****16
      48 words

  • Page 15 Advertisements
    • 104 15 V £*S m m '86 TAIWAN TEXTILE SHOW Fibers, Yarns Fabrics— A display of high-quality goods from one of the world's major textile-producing countries. All L interested parties are welcome to attend. AM:II~PM:7 X Sept. 16-18,1986 L 3rd Fl., Magnolia Vanda Rooms. I X Hyatt Regency Singapore Local Contact Trade
      104 words

  • 524 16  -  Goh assures Dutch business that wage restraint is taken seriously By CHUANG PECK MING DUTCH BUSINESSMEN were yesterday assured by First Deputy Prime Minister Goh Chok Tong that Singapore's commitment to lower the cost of doing business was a long-term one. Putting to rest concern
    524 words
  • 139 16 THE NETHERLANDS has been asked to join Singapore in actively exploring the possibility of strengthening trade links between the European Community and the Asian-Pacific region. The two countries can play important roles in promoting trade between the two regions, said First Deputy Prime Minister Goh Chok Tong. Both are
    139 words
  • 422 16 THE LATE Seri Begawan Sultan General Sir Muda Omar Ali Saifuddien cut a colourful and dashing figure on the regional political scene during his 17-year reign as the Sultan of Brunei. The Seri Begawan once told an interviewer that he reluctantly inherited the crown after his elder
    422 words
  • 259 16 SINGAPORE'S recession is a blessing in that it forces old policies to be re-examined and provides the new generation of political leaders an opportunity to forge a bond with the people, First Deputy Prime Minister Goh Chok Tong told Dutch businessmen yesterday. He
    259 words
  • 159 16 THE IMPORTANCE OF sending the "right signals" to potential investors struck union leader Lim Boon Heng when he visited Britain. Mr Lim, an assistant secretary-general of the National Trades Union Congress who is accompanying the First Deputy Prime Minister on his European tour, found
    159 words
  • 294 16 Bernama MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad yesterday said that Datuk Abdullah Ahmad was expressing his own views when he spoke on Malaysian politics in Singapore last week. The speech, entitled Issues in Malaysian Politics and given at the Institute
    Bernama  -  294 words
  • 325 16 COMPANIES which invest in Singapore will be given tax and financial incentives tailored to their needs as well as based on how they fit into the Republic's development as a business centre. This flexible undertaking was given yesterday by Philip Yeo, the chairman of the Economic
    325 words
  • 143 16 UPI THE HONGKONG government announced yesterday that it was taking over the management of troubled Hong Nin Bank, the sixth Hongkong bank to collapse or require government intervention within 15 months. Banking Commissioner Robert Fell said that his purpose was to reassure depositors and
    UPI  -  143 words
  • 126 16 AP CHILE'S military rulers yesterday decreed a nationwide state of siege after guerillas ambushed President Augusto Pinochet's motorcade, killing five military escorts and wounding 10 others. Within hours of the decree, two of the country's top leftist politicians and a dissident newsman were arrested. General
    AP  -  126 words
  • 247 16 Reuter JAPANESE Finance Minister Kiichi Miyazawa yesterday scotched rumours that he was plotting a joint interest rate cut with the US. He told reporters in Tokyo that US Treasury Secretary James Baker had not even requested a cut in interest rates when the two
    Reuter  -  247 words
  • 80 16 Reuter COMEX gold futures recovered from their opening lows early yesterday on buying by overseas traders which deflected selling by local traders and commission houses. Gold for delivery in December was at U*****.30 an ounce after rallying from U*****.00. Silver futures turned higher on technically-motivated buying
    Reuter  -  80 words
  • 68 16 Reuter WALL STREET stocks yesterday continued to be pressured by profit-taking for a second straight session after investors saw the market rise to an all-time high last Thursday. Oil stocks, which boosted the market in its recent rally, led a decline. The Dow Jones Industrial Average fell
    Reuter  -  68 words
  • LATE FILE
    • 52 16 Reuter JAPAN'S outspoken Education Minister Masayuki Fujio was dismissed yesterday after his remarks on Tokyo's 1910 annexation of Korea sparked a diplomatic row with Seoul. South Korea earlier unilaterally postponed the first of what was to have been a series of regular meetings between the two country's
      Reuter  -  52 words
    • 61 16 Reuter MALAYSIA will propose to the South Commission that developing countries set up a common market to sell primary produce and manufactured goods. Malaysian Prime Minister Datuk Sen Dr Mahathir Mohamad said that if these countries shared markets and apportioned manufactures, "we may be able
      Reuter  -  61 words
    • 47 16 Reuter TAIWAN'S trade surplus in the first eight months of this year hit a record US$9.B6 billion, up 46.5 per cent from U556.73 billion in the same period last year. The surplus is expected to reach US$l3.6 billion for the whole of 1986.
      Reuter  -  47 words
    • 45 16 AP PHILIPPINE President Corazoo Aquino said yesterday that she had instructed negotiators to work for an early ceasefire with communist rebels and was confident that her public support would prevent any government takeover by Defence Minister Juan Ponce Enrile.
      AP  -  45 words
    • 62 16 Reuter A GROUP OF Sri Lanka's influential Buddhist monks yesterday decided to launch a death fast to protest against the government's plan for ending the island's Moody ethnic conflict. About 750 monks from across the country gathered at a Buddhist temple in Colombo and decided to
      Reuter  -  62 words
  • Page 16 Advertisements
    • 506 16 Computer Charting Service for Local Stock Market Analysis Join the uu|or brokerage firms, banks and diversified institutions in subscribing to the most advanced Computer Charting Service for investment analysis and decision-making CHARTAMATIC is an indispensable software tool for conducting technical analysis to support fundamental data research. Complete with historical data
      506 words
    • 155 16 r* 1 A &fc Buying a home is now easier. Just choose the home you want: a bungalow, a terrace house, an apartment or a condominium unit. Then call at Credit POSB in the CPF Building. We will help you make all the arrangements without you having to chase all
      155 words
  • Page 16 Miscellaneous
    • 54 16 Outlook: Portly cloudy with showers in o few oroos in the oftcrnoon. Report for 24 hours prior to 7.30pm on Sop 8 ot the oirport: Maximum temperature 28.0 Associated humidity 87 Minimum temperature 22.5 Associated humidity 98 Hours of sunshine 0.00 Rainfall in millimetres 6.5 Rainfall this month 25.3 Rainy
      54 words

  • SHIPPING TIMES
    • 122 17 PORT RASHID in Dubai has maintained consistent growth in handling import and transhipment cargo. The port handled 2.54 billion kilos of cargo worth US$3.l2 billion last year, according to the government. Port Rashid has the largest container handling operation in the Middle
      122 words
    • 392 17  -  By G DURAIRAJ THE MALAYSIAN National Shippers Council has sent out questionnaires to shippers and commodity groups in Malaysia to assess their interest on a proposal to set up a national shipper's association. Tne council is seeking the response of
      392 words
    • 273 17 Reuter JAPANESE charterers appear to have completed last week their fixing of VLCCs for September loading out of the MldEast Gulf at lower rates, Japanese brokers said. Quiet activity on the route is expected this week. Late last week, Kyushu Oil fixed
      Reuter  -  273 words
    • 198 17  -  -By Kingsley Wood THE AUSTRALIAN National Line has chartered the three-year-old 35,616dwt container ship Hammurabi from United Arab Shipping Co and it will be operated in the East Asian trade to Hongkong, Taiwan and the Philippines. With 1,846 TEUs capacity, it is by far the largest ship
      198 words
    • PORT SIDES
      • 126 17 AP IRAQ'S AIR FORCE commander said his fighter pilots were "ready to finish off the remnants of Iran's resources" and warned oil tankers to steer clear of its Gulf war foe. Air Marshal Ha mid Shaaban's statements came the day after Iraq's second long-range bombing raid
        AP  -  126 words
    • 1440 18 CHARTERING on the London shipping freights market ended the week in mixed fashion on Friday, with a firm tone still well established. Great Lakes grain came to the fore in fixing that included Casillograni's payment of US$lB.5O (fio) to the Tarpon Star for a 15,000-ton late-September haul direct
      1,440 words
    • 649 18 NYT THE LITTLE harbour at Port-de-Paix on the north coast of Haiti used to be a favourite hangout for pirates. Then, further back than anyone can remember, it became a haven for smugglers. Lately, business has been booming. When President Jean-Claude Duvalier fled into
      NYT  -  649 words
    • 324 18 NYT THE SHIP COLLISION in the Black Sea in which 396 people apparently died occurred after the captain of a cargo vessel refused to heed warnings for 45 minutes that his ship's course would bring it dangerously close
      NYT  -  324 words
    • 697 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Attrons VI 3 Anro Service IV 2/3 ANL 1 1/2 APC Line V 4 APL III 2/3 ASCL III 1 Bah-Conado Line V* 4/5 Bait-Orient Line VI 4/5 Bank Line V 5 B8S 1 4/5
      697 words
    • 238 18 Reuter A WOODEN replica of an ancient Greek merchant ship sunk in the Mediterranean by pirates 2,200 years ago set off from the Port of Piraeus near Athens on Saturday to retrace the vessel's last voyage to Cyprus. The ship, called the Kyrenia n, was
      Reuter  -  238 words
    • 175 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
      175 words
    • 153 19 WALTER WRIGHT (HK) Ltd and Mammoet Transport in Amsterdam have merged their heavy transport, lift and crane rental activities in Asia. The merger was effected by Mammoet taking over 50 per cent of the shares in Walter Wright (HK), with the simultaneous
      153 words
    • 347 19 Lloyd's List TSAVLIRIS, one of Greece's bestknown shipowning groups, has opened talks with the Bank of America to reschedule loans on vessels. The group is one of the biggest towage and salvage companies in the world but it is understood that bulkship operations
      Lloyd's List  -  347 words
    • 277 19 Fairplay A TOTAL of yen 81,100 million (about $523.6 million) is being sought by the Japanese Ministry of Transport to cover its budgets for the national shipbuilding industry in 1967. Of this total figure yen 60,900 million has been requested directly from
      Fairplay  -  277 words
    • 116 19 NORWEGIAN shipowners are almost standing in line to order new ships and are negotiating at present for eight vessels valued at an aggregate of US$2l3 million. The Bergesen group has advanced furthest with negotiations and is in the process of placing a
      116 words
    • 220 19 BRAZIL needs to place orders to renew some 40 per cent of its merchant fleet within the next four years and may set that among the preliminary indications of a study under way by three parties. According to Seatrade Week, these are the
      220 words
    • 305 19 AFP AN UNEXPECTED increase in the level of activity occurred on the tanker market over the past week, despite the entry into force of the Organisation of Petroleum Exporting Countries' twomonth production cutback deal. Market sources suggested that busier conditions reflected expectations of weaker rates to come and
      AFP  -  305 words
    • 194 19 Reuter A TYPHOON which has killed scores of people in its erratic passage lasting several weeks around South-east Asia has claimed two more victims on Hainan Island in South China, a newspaper said. The People s Daily overseas edition said three other people
      Reuter  -  194 words
    • 7682 24 spasms A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      7,682 words
    • 758 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Neustadt 8637 09 9.86 1900 Maersk F5 1000-1100 B2 Kansai P 929 09.9.86 1830 Sea Consort F8 0900-1000 W2 Petopor 204N 09.9.86 2300 Boustead F7 1300-1400 U2
      758 words
    • 1692 25 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S) A 8 Shipping Boustead Shpg Agencies Afea Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus ShippmgAgencies (S) Multiport Sdn Bhd (PK)
      1,692 words
    • 651 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Fengqmg Gombela Kobe Maru River Gurora Yushan Ananas B'tong B«kMt Dong Nam E'tem Lotus Equator 5 Fengyong Km Soon Li S'them Glory Straits Hop® Str Venture Thong Long Trons Fjord K35 K21 K20 K17 K36 K1I K25W
      651 words
  • Page 17 Advertisements
    • 569 17 Concise Comprehensive Contemporary FflfTfTLxi m FEDERAL PUBUCffIONS OOCL OiuentOvhqias Ctttiutm Line iardsk svffß agences (*f m. *****4/ ook) 200 Can(omM«it Road #1205 SouO*wiit Singapore 0208 Id *****11 TEIiX NO RS ***** TERRBtAI/CFS 3200 211 TO 220 BOOMNGS 3200 234 TO 235 rcs«u mrbse mm agences am m PETAUNG lAYA TEL
      569 words
    • 70 17 wm THE LITTLE harbour ot Port-de-Poix used to be a favourite hangout for pirates. Then, further bock thon anyone can remember, it become o haven for smugglers. Page II TSAVLIRIS, one of Greece's best-known shipowning groups, has opened talks with the Bank of America to reschedule loans on ships. Page
      70 words
    • 906 17 I OCEAN LIME BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****33 MAERSK LINE r u en 15/9 osoo mb FASTEST TRANSIT TO EUROPE tBINGAPORE/ANTWERP 17 DAYS IINGAPORE/ROTTERDAM 18 DAYS SINGAPORE/BREMERHAVEN —19 DAYS SINGAPORE/HAMBURG 20 DAYS 22
      906 words

  • Page 18 Advertisements
    • 395 18 YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES STRAITS FEEDER Pacific South Waat Faadar at Kao IUAUiI Pacific North Waat Faador at Kao irm Atlantic/Canada Faador at Nagoya irnfPTß Irnru or'Tvir'Miß'jnia/itM lIW fcrif K7TM FHTTTTMgTIf ffirTrTM Of EMM TTTM ti/iH k/m HflM li/AIM HfilM mmmem lor UBA Port*. 'Portland via y tuzra MIDDLE EAST
      395 words
    • 422 18 r Supercarrier Service TO: PANAMA US WC/EC/GULF E. CANADA CARIBBEAN C. AMERICA r?r n/» in 3/» i»/> 2t/» 2S-21/S i/w 11/1* IM3/U 14/10 10 25-a/ll 1/11 22/16 24/11 1/11 S/U 21/11 23/11 7/12 »/12 2* 10 36/1# 12/11 14/11 27/11 29/11 I 3/12 11/12 IS/12 122/12 Ma (MJ). 1 FraadK*.
      422 words

  • Page 19 Advertisements
    • 965 19 The Straits Steamship Group Mansfield Container Shipping PteLtd Overseas Containers Limited saw* TO uK/cownipnT^) S'taa HW| •1/11 13/10 10/10 12/11 If/It 11/11 25/11 27/11 •2/11 M/U M/U U/U 15/11 lt/U 25/11 27/11 •2/12 M/ 12 11/12 13/12 RlNfeaß'tea 05/10 M/ 10 14/10 15/10 20/10 21/10 29/10 30/10 M/U 07/11 13/U
      965 words
    • 544 19 Franco Belgian Services ir ,ft +t A rrm h Vrt ith l<t l.ir .#*»f**rri in« (MEMBER OF ACE CONSORTIUM) ir 23 25 MA* 31 iSa 7 r* CHARGEURS HAVRAISE KIEDEX LINE I /m fcftrt MM 2> M 3C Sapt MOd Ufa* 21fa* f Oct lOd »Od 14 Oct 2* fapt
      544 words

  • Page 20 Advertisements
    • 430 20 Hapag-Lloyd TO EUROPE/MED S'part PKata*ra«a*l«i»ti I QUNGDAO It/10 I SHANGHAI 17/11 ttuo itmt Hw| l«an Bkatan A warp 19/1115/11- 12/11 11/1215/12- 12/12 FROM N CONTINENT &UK IMPORTS >S-tM If* Spar. IMI KM Cardan Bar SU M Um Mara 9d SM SM Out > Bit SM m SM Ortman Eiprtu SM
      430 words
    • 631 20 lp» K.S.line in** tMitiK c**r*ur,Mi FULLY CONT AINERI SEP SERVICE 10 EUROPE VIA SUEZ Mrmber ol the Ace Consortium NEPTUC CRYSTAI 34* KOREAN CHANCf m HONGKONG CON UNO SIN MERCATOR *0W EROM EUROPE VIA SUEZ 1 Mfmhp ,hf c Consortium CJt. TOKYO 5E TRANSWORID BMDGE 131 CM. PMB CHRtt CONTMO
      631 words
    • 356 20 Hai Sun Hup Co (Pte) l td 'Ssss TEL *****06 (20 Lines) TLX RS ***** RS ***** I \SI I R\ (AK I INI K. I II) STRAITS/JAPAN/STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS I seki nagoya hunce om asian cimi orange zemth Loadnc at appropriated Berth P4-P5 NOTE:
      356 words
    • 783 20 r EVERGREEN M Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) I OUTBOUND fudo *a ssr Mono m ui *c sn vc* no Hum u/i no anv 7/u u/u no GRAM) 11/1 HTM MUMS- 14/11 It/II no ma 17/9 no oust ivu u/u no ma n/% mm
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  • Page 21 Advertisements
    • 918 21 v A PACIFIC INTERNATIONAL LINES W\ PIL Building. 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 "I FAR EAST CONTAINER SERVICE m INDONESIA CONTAINER SERVICE VOY SIN JKT PJG PLB 9637 11/9 13/9 M2O SM In PI 11/* MM 19/9 20/9 M2l 14/* 16/9 17 /t 20/9 22/9 VESSEL VOY
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    • 1028 21 BEN LINE CONTAINERS Maoanf Ba» rrm 9/11 10/11 12/11 13/11 15/11 15/11 14/U 11/11 19/11 21/11 EXPRESS CONTAINER SERVICE FROM UK/CONTVENT TeAa Eiprets Cardan Bay BIMVEN RTMM MINE STOM SaAorf SjM M Sa4o4 Sa4od M SM M OsaAa h) UtH SaAod bM SjM 2/9 Bremen Eipets SaAotf SaAoA 4/9 4/9
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    • 523 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE irm anoi iimm/idm kwk tcun ftau m/i «/u 7/n U/M STOB HLBAO IDMI/tIMM HK) iwimut m m Inii/ii 111/11 is/11 lf/n STOK BUM GAffM MM IT
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    • 445 21 BOUSTEAD SHIPPING AGENCIES MERGU V74W pa anv/ioon HTONEYWA V/216W BURMA FIVE STAR (Burmese National Line) Loading for Rangoon Spore PJ(ebn| 12/14 S«pt 10/12 S*t 21/30 Sept V 4 NORTffiOUND TO UKC CLYDEBANK VIW TAMAITAI SAMOA V 8 FORTHBANK VI7N IVYBANK VI7N TOANA MUGM V 2 BANK LINE EXPRESS SEM-CONTAWER «B
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  • Page 22 Advertisements
    • 1364 22 ihlMi /CHILE Mono *a iw va [i K LINE KAWASAKI KISEN KAISHA. LTD: van nuc pne sfok kok omyaqim callao moca IQUQIf *asasta sjktom) VALPARAISO 12 S* 13 S*p 14 S«p IS ho 3 Oct JO Mm 14 Ok 15 Ok 11 Ok 1» Ok CENTRAL AMERICA/CARIBBEAN SEA fans Mono
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    • 666 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers f«d« P Mm* LMt( Vessel S pore Meft Frtn Sfdx Also Accepts CHMOOAS *211? Sept 30 SqX 9 Oct 7 Oct AM/Bns CALABAR *27 10 Sept MBMOAS V3O 11 Sept 3 Oct 12 Oct 10 Oct Add/Bra ISTfara* V 7 74 Sept RAMQAS
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    • 678 22 GOLDEN LINE GUMI GUAM SHPPMG (PTE) 110 21, T«tt krm Shwt muem iim m u*3M <10 LMES> STRAITS/PERSIAN GULF SERVICE: s*.. GOLDEN HMO Cotombo kar jct» Dote Batx am 25/21 S*t CHINA OCEAN SWUNG CO., PEKING THE PEOPLE'S REPUBLIC OF CHMA TT.lfrf.W.Ul ?M 1- l»Ki in "Ml <TM| Ipn Indi
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    • 444 22 INTRASEA (PTE) LYD 10 Anson Road »27 16 Internationa 1 Plaza Singapore 0207 Tel *****11 10 Lines! <► BREAKBULK SERVICE TO EUROPE/UK PHIL I IRON SHIPPING AGENCIES PIE IW PHILIORILNI LINES PIE LID p" Htm OfdCf 63 HiWNMiN i»r> 1 tsia BOIIOING SiNGIPOOt jiff If I ?.'<* Kit mo PS
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  • Page 23 Advertisements
    • 812 23 S port NEPTUNE AGENCtS PTE. LTD Fl EU/MBT TM/W M. rffc, Ttnwal CfS lOOKMCS *****77 *****53 *****42 *****77 *****22 *****53 ON BBIC! IMS *****19 *****16 NEPTUNE ORIENT LINES LTD For award lr«fM i»»iii pttax cal 2757M4 f Ktun| NEPIME SON. BHD. 3689W7/*****45/*****53/*****26 Imvu NEPIME SON. BM>. 24*5771/2424 1 34/*****35 Pnvmf
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    • 285 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG, PENANG, BUSAN. INCHON SPOKt KGINIS NIPIUNf AGfNCIfS P[f ITO Ifl *****7/ ?78*>4i4 (Book« t s> *****10 *****7? tOp'rjiiotui *****8Z *****84 (lernwiill *****50 *****04 (CfS> »u'ms lIINHS Sill* SON HHP HI Ifl *****96 *****9/ PK IH *****64 *****70 *****66 PfN
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    • 714 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUHDING 55. Marliet Street Sinfapore 0104 Tel: *****33 (15 Lines) Ternrol Office: *****41/2 Cable Address SMSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG PENANG M/S SHAMKAT NAH SOON SON. M. IST AND 2ND FLOOR. MESSRS HM THONG SHTPMG
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  • Page 24 Advertisements
    • 402 24 fffff REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) o CZ3 SINGAPORE 10/9 Thu/Fri 111-12/9 iwiiwrfn lE£lE!gMliroMigCTii«/ii| |i i| i "■iHiriwi 'i 1 mi ■Q3EEEI C513E5521 ezhehul EE3E3sSI CE3ES2HI eebesu W'lfffil TO SOUTH THAILAND SEA DRAGON PITA BHUM BUNGA KEMUMNG SEA DRAGON cm kv fmm mm mm r~u MALACCA
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  • Page 24 Miscellaneous
    • 149 24 Regional Weather i > A m m 'K ft ek 1 i 5 m C cr* Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND R Thunderstorm Temperature °C Shower Weather s~*( direction with speed in knots Rain Wave height
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  • Page 25 Advertisements
    • 133 25 m MSG AGENOES K. LUMPUR P. KELANG PENANG P. GUDANG J. BAHARU LEOSHP SPORE *****88/*****56/*****48/*****93 *****11/4 TERMMAI *****81/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****5/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE FROM EUROPI VS. ii "i/.vnnnM ll■TTltTf| ii '.r mnniTTrm ii ii"ii'"TTinn [HI BM EOi tUM BEB [En* ini mtTTTTTfniTFirT'MnMEMEiI gTnrrrTHMLiLMEIIIIEEJimjmJCII mnnT»WTMEniEaEMDilkmilll mrrTTif nuMtgjLL^JilillgZDßCEl mmTtTTTTTf
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    • 166 25 TFS LINE INTERNATIONAL TRANSOCEAN (Ml SDN. BHD 62. Weld Quay (2nd tic I ***** Penang Tel *****5 *****5 Tin MA***** TFSPG Fax No 04-*****5 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG-SUDi EXPRESS SEMI CONTAINER SERVICE TO NORTHBOUND TO UKC RDM/ADAM HB6 HULL (U.K.) CLYDEBANK VIBN 2/10 26/10 1/11 »/H
      166 words
    • 147 25 Bookings: MAC-NELS AGENCIES PTE. LTD. Te<: *****44 (20 Lines MAC-NELS (MALAYSIA) SDN BHD. P. Kelang Tel: (03)*****78/*****07/*****77 MAC-NELS (PENANG) SDN BHD. Penang Tel: (04) *****6, *****2 IMMM aMHMHMIMNMI Scan Dutch V TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) RM. NHrt/MC o*/898 B Pwm/314 K«t*k/324 tM/« I MR/344 TO RED SEA-MEDITERRANEAN FEEDER VESSEL LIMASSOL
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  • Page 26 Advertisements
    • 189 26 EUROPE/S.E.A. BREAKBULK SERVICE Vessel Pt. of Loading PI Klang S pore D*«ttn«ttoo Mate I A *.M Haa/M 7/li 11/tt Mi l«*|»» 4/11 TM V4O Hm/M a/l« */H to#*/*/***/*-#* VESSEL ETA (S'pore) A Vessel 11/9 A Vessel 10/9 A Vessel 15/9 DESTINATION Kobe/Yokohama/ltofoya Chittaiont/Calcutta Dafian/Shanfhai/Xsirkan( MAN LINK FRKKiHT ONSOUDATORS AIR-SKA TEL
      189 words
    • 213 26 f K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 143 Crcrf Slifft 10 01 GB Builduig S po»f 0106 lei ??19?tt Po«l Kflanj lijj Pmj Shipping Sdn Bhd Ttl 03 *****74 *> Pfnjnf Iradf Iranspoft ltd Ifl 04 *****3 Pjs* Gadanj Mjljvsun Stappmf *jftKKS Sdn Bh<! Ifl 07
      213 words
    • 360 26 °v^Vz/vy fff VSBSI Mitsui OS K. Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S 1 NO t ATLAS MARU 10 Sept MORNING GRACE 15 Sept AFRICA MARU 26 Sept PiKE BANK 3 Oct WEST AFRICA ANDES MARU 18 Sept EARNEST VENTURE 17 Sept KRITI GOLD 11 Oct Rmks: Subject Inducement Mombasa. Daressalam. Tanga. Beira.
      360 words