The Business Times, 25 October 1986
1986-10-25
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The Business Times
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Title Section12 1986-10-25 1 BUSINESS TIMES M.C. (P) No. 192/12/85 SATURDAY, OCTOBER *5, 1986 75 CENTS12 words
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Article, Illustration223 1986-10-25 1 STOCK MARKET A SUDDEN buying interest in late afternoon trading helped most share prices on the Singapore stock market to close higher yeeterday. The Straits Times Industrial Index roee 7.30 points to 901.74 and the BT Composite Index advanced 9.53 points to 794.75. Winners led losers by223 words
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516 1986-10-25 1 BRIAN GOMEZ - By BRIAN GOMEZ BANKERS AND ANALYSTS yesterday hailed the Malaysian budget, which contained tough M 53.4 billion public expenditure cuts, anticipating that it would bring a positive reaction from local and foreign investors. "It's a step in the right direction," commented Dr516 words
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580 1986-10-25 1 HOMER CHEN - HOMER CHEN PETER THAM, who has assets in many parts of the world, returned to Singapore because his life was in danger. This was disclosed by Mr John Koh, deputy director of the Commercial Affairs Investigation Department, when he replied to defence counsel580 words
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Article, Illustration455 1986-10-25 1 RICHARD SEAH - By RICHARD SEAH WITH ONLY WEEKS to go before Singapore signs a treaty to play its part in protecting endangered species, trade in rhinoceros horns and derivative products has been banned as a demonstration of the government's commitment to wildlife protection. The ban is455 words
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323 1986-10-25 1 THE TAKEOVER of the US Fairchild group by Japanese computer giant Fujitsu will not change current plane of the two companies' subsidiaries in Sings pore. Fujitsu Singapore will go ahead with its $40 million expansion plan to manufacture chips while Fairchild will323 words
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Article, Illustration500 1986-10-25 1 ELAINE KOH - Retailer offers unsecured creditors 25 cents to the dollar ay ELAINE KOH AS PART of a plan to restructure Its debts, Emporium Holdings is asking unsecured creditors to accept only S cents of every dollar they are owed. This is part of a scheme of arrangement500 words
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Page 1 Advertisements
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Advertisement181 1986-10-25 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM All Star SE Crafted from the finest persimmon wood, the wood heads are dual weighted for consistent accuracy The irons are cast in mild stainless steel with excellent toe and heel design built for exact pinseeking characteristics on off-centre shots The new improved and181 words
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Advertisement327 1986-10-25 1 A certain Omani charm "DRIVING through the area, it was hard to imagine that the open grasslands and occasional shrubs had provided refuge for a 10year rebellion that was only crushed in 1975, five years after the present Sultan ended the isolationist regime of his father. But there were no327 words
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Advertisement12 1986-10-25 1 *],`@->&`(;`<^]^-*>+?-{.-~|)~}& PwOfw rwpOTW On lyv w PUT ON A CROCODILE. tfF.AR A LEGEND12 words
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HOME NEWS
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Article, Illustration361 1986-10-25 2 IT Ey£SSENTIAL that the work ford r constantly upgrade its drill» to suit changing industrial and economic needs, says Dr Tay Eng Soon. Dr Tay, the chairman of the Vocational and Industrial Training Board, was speaking yesterday at the launching361 words
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414 1986-10-25 2 ONE IN five persons in Singapore last year owned a private property, and one out of every 130 complained to the Inland Revenue Department about the valuation of property tax. Such was the volume of complaints that the IRD was left with a huge414 words
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162 1986-10-25 2 THERE must be demand (or advanced telecommunication services before technologists and engineers provide them, Telecoms chairman Koh Boon Hwee said yesterday at a symposium. The Telecommunication Authority of Singapore (Telecoms) will be spending some $3 billion in the next five years on infrastructure162 words
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301 1986-10-25 2 SINGAPORE construction firms had an encouraging year in the international construction market, particularly in South-east Asia the largest market sector which was worth $134 million, or 62 per cent of the value of total exports. In its 1965/86 annual report, the Construction Industry and301 words
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Article, Illustration352 1986-10-25 2 MICE WILL FIGURE strongly in the effort to encourage Singapore engineers to greater creativity and innovation. From next year onwards, the Institution of Engineers Singapore (lES) will sponsor an annual competition in which its engineers will help a mouse get through a maze as352 words
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131 1986-10-25 2 THE SINGAPORE Institute of Standards and Industrial Research (Sisir) has sold Risis Pte Ltd, the company behind the now-famous gold-plated orchids. Sisir chairman, Col (Res) Quek Poh Huat, disclosed the sale of Risis to the private sector in his maiden ,nw al report and131 words
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Article, Illustration432 1986-10-25 2 BOEY KIT YIN - By BOEY KIT YIN MANAGEMENT consultants in Singapore should form an interest group to improve their professional image, said Mr Ng Klat Chong, executive director of the National Productivity Board yesterday. This would help consultants win the trust and confidence of their clients and432 words
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Article234 1986-10-25 2 WHILE NO LONGER the dreaded killer it used to be, tuberculosis is still a problem in Singapore. About 200 people die from TB each year. Some 2,000 people were treated for the lung disease last year. That is a far cry from the mid-50s when 5,000 to234 words
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Article921 1986-10-25 2 AT CONVENTIONAL WHARVES VMM* B*rth Arrival Departure KEPPEL WHARVES Aconcagua Auby Builder 2 Yichang CS Oceon Catomorca 2 Edith Equator Equator 4 Golden Harvest Ikaguri Jens on Lampung K18 alongside K25W alongside K22 alongside K27 alongside K34 25 10/1600 K16 2510/1500 K28 25 10/2359 K22 25 10/0700921 words
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Page 2 Miscellaneous
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Miscellaneous795 1986-10-25 2 ms<sm m CRYPTIC PUZZLE ACXOSS 9 Hurry up and td me what good waxworks should do (4, 5) 10 Cut off, clso, with the tide having gone out (8) 12 Try to "find out what's on foot? (4) 13 Information on an evil of our day (6) 14 A Northern795 words
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MALAYSIAN BUDGET '87
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412 1986-10-25 3 Bernama COMPULSORY INCOME TAX payment deduction scheme and an increase in the interest rates on car and housing loans for civil servants from the present 4 per cent to 6 per cent, were among the strong budgetary measures proposed by MrBernama - 412 words
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Article, Illustration683 1986-10-25 3 MALAYSIAN Finance Minister Daim It&mMm yesterday outlined strategies to promote exports of Malaysian commodities and new investments in exportoriented manufacturing. In his budget address, Mr n»im noted that the country's gross national product (GNP) was anticipated to plunge by 8.1 per cent683 words
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Article479 1986-10-25 3 THE TEAR 1987 to expected to be another difficult one for the Malaysian economy, with growth projected at a realistic one per cent a alight Improvement over the 0.5 per cent predicted (Or this year. According to the 1906/87 treasury economic report tabled in479 words
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Article342 1986-10-25 3 Mil tax on cigarettes and liquor up from 10 to IS per cent; MB— and stac of diploma tir m lesions and overseas offices win be reviewed; GOVWfMENT may oiler Ma- layaa Railway for privatisation by leasing it for a nomtnsl sum of MH to any operator342 words
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Page 3 Advertisements
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Advertisement185 1986-10-25 3 What has Epson got to do with tennis? Uenty. Besides being a sponsor of the first-ever Carlsberg Singapore Women's Open Tennis Championships, we share many characteristics of professional players. For a start, the dedication and stubborn determination with which we pursue our ideals can only be matched by those who185 words
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Page 3 Miscellaneous
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Miscellaneous8 1986-10-25 3 tfttXBSTARBS KATHNTHEFACE, HBMOH&OF&FU MANHOOD F*t OUT SnjfWTMACDL- > LB6S6MPUAJB/8 words
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OVERSEAS
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Article457 1986-10-25 4 Bernama ASEAN COUNTRIES have been given a new impetus for growth next year following a positive (««cast of international economic developments. According to the Malaysian 1986/87 economic report, the fall in commodity and oil prices, sliding interest rates and more stable exchange rates have brightened prospectsBernama - 457 words
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95 1986-10-25 4 AFP THE PHILIPPINES imported U552,829 billion worth of goods in the first seven months of 1906 compared with U553,034 billion for the same period of last year. The Central Rank (CB) announced on Thursday that the country's top 10 imports, accounting for 54.35AFP - 95 words
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229 1986-10-25 4 Reuter CANADA'S economy is expected to grow 3.1 per cent in 1967, up from 1.8 per cent this year, due chiefly to improved business conditions in the US, said Royal Rank of Canada economist Edward Neufeld. Mr Neufeld forecast economic growthReuter - 229 words
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237 1986-10-25 4 AFP JAPANESE businessmen and economists agree that the recent sharp rise in unemployment is confronting Japan with its most serious labour crisis in post-war history. Social consensus, often considered the cornerstone of the Japanese economic miracle, is threatened, they say.AFP - 237 words
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479 1986-10-25 4 UPI ORDERS FOR heavy manufactured products leaped by 4.9 per cent in September, the strongest gain in nearly two years, the Commerce Department said on Thursday. Economists were divided over whether the report signalled renewed industrial growth or a temporary adjustment to taxUPI - 479 words
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182 1986-10-25 4 UPI THE US government ran a record deficit of slightly more than US$22O billion in fiscal 1966, which ended on Sep 30. Ed Dale, the spokesman for the Office of Management and Budget (OMB), said on Thursday that the $220 billionUPI - 182 words
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Article877 1986-10-25 4 ARRIVALS Operator ScrvKl number Local tima From SIA SQ1I7 0005 KUL UA UA805 0010 JFK/SFO/HKG CAL C1333 0405 TPE SIA SQ41 0615 MAA MAS MH601 0705 KUL MK MK746 0755 MRU MAS MH681 0620 KUL KAL KE624 0640 KUL CV CV796 0645 LUX/DXB MAS MH8I1 0910 PEN877 words
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RAW MATERIALS
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Article74 1986-10-25 4 OIL PRODUCTS NAPHTHA, gasoil and kerosene firmed slightly yesterday while other products remained stable at the previous day's levels. Closing prices for crude (fob origin) US$/barrei Change Dubai (Dec) 13.85 -0.10 WT1, West Texas Intermediate, (Dec) 15.13 -0.29 Closing prices for products (fob Singapore) US$/barre4 Change Kerosene 19.20 +0.20 Gasofl74 words
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Article143 1986-10-25 4 MALAYSIAN crude palm oil prices closed lower yesterday. Under Malaysia's measures to encourage exports as port of the 1987 budget, the ma-rimiim export duty on palm will be reduced to 30 per cent from 50 per cent The period of export refinancing is to be extended to 180143 words
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Article138 1986-10-25 4 Chtnm Product Exchangt S*M*n' mm doling prim m Oct 24 (S$/100 kg). Coconut oil Bufc. FOB 40.00 Old drum FOB 53.00 New drum FOB 57.00 Copro Mixed Ooom) 19 Pepper buyers Muntok Whit* FOB NLW 1390.00 Sarawak Whit* FOB faq NLW 1375.00 Sarawak sp*ocri bkick FOB NLW 957.50138 words
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Article95 1986-10-25 4 (CMtl/kf, 1-ton P <Ut,) NOV 86 DEC 86 (currant month) (forward month) NOON NOON RAS l u> >f Buy«rs SSR 20 171.00 I73.00N 172 00 174.00N SSR 50 168.00 170.00N 169 00 171 00N MRELB lnyift kytn Stlm SMR CV 287.50 289.50N 288.50 290 50N SMI L95 words
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Article256 1986-10-25 4 SINGAPORE The market yesterday closed quietly steady in thin trading ahead of the Malaysian budget details yesterday afternoon. November One RSS buyers was quoted at 187.50 cents/kilo, unchanged from Thursday. In the TSR-20 market, there was little interest throughout the day and prices finished unchanged from Thursday, with November256 words
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Article91 1986-10-25 4 THE PRICE OF TIN m the Ksala Lampar Tin Market yesterday Ml the Mflfi per MU mark fsr the first time slnee March this year. It elcaed at Mfll.il, ap IS eeoto tran Than* day, M line with higher Earapeaa tree market ail altar scattered baylag from Earspe91 words
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Article378 1986-10-25 4 RAS prices m S cents/kg, FOB in fa «les NOON CLOSE Byytn Setters Buyers Selleri Int 1 RSS Prompt 187 00 188 00N 187 50 188 50N Int 1 RSS Nov 86 187 00 187.50 187 50 188 00 Int 1 RSS Dec 86 188 00 188.50378 words
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Article66 1986-10-25 4 Bangkok (US$/tOMM. FO§) Whit* Rice 100% Ut dau 255 100% 2nd dau 220 100% 3rd dau 215 5% 205 10% 200 \b% 195 ?o<* 185 25« 175 35% 175 Broken Rice A-1 Stow 128 A-l Sptoal 125 C-1 Sptool unq C-l Ord unq Loonzoin Rice 100% 1st grod* una66 words
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Article620 1986-10-25 4 COFFEE Robusta futures closed firm on Thursday evening at the day's highs, aided by weaker sterling against the US dollar, to show gains of around £50 a tonne on the day. Trading in the afternoon was more active with volume boosted by switching between January and March at620 words
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Page 4 Advertisements
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Advertisement63 1986-10-25 4 X fW I I T The business person's choice, every I I II \I I If II I Tuesday, Thursday. Saturday and I 1 VI I W1 II \j Sunday. Leaving Changi Airport at I JV JL 1J S 1 22:00 hours and arriving at Heathrow at 06:50 hours the63 words
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BANKING AND FINANCE
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Article863 1986-10-25 5 SINGAPORE: The US dollar closed sharply firmer against most major currencies yesterday after an active surge in trading when short covering by Japanese institutional investors caused panic stoploss buying. The strength of the dollar was attributed to news of a higber-than-ex-pected 4.9 per cent rise in US September863 words
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Article184 1986-10-25 5 Interbank rates at 3pm yesterday: CarrmeiM Womtwl rata Mtaotan Local dollars to on iMft of foraifR ormicyt ■M Ottar c pmWt US dolor Storing pound Austrafion dolor N Z dolor Canodkm dolor 2.1930 3.1217 1.4057 1.1107 1.5776 2.1940 3.1253 1 4085 1.1134 1.5795 2.8196 7 3469 3.4286 3.4286184 words
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Article306 1986-10-25 5 HONGKONG: Gold closed easier in hectic trading yesterday following the sharp downtrend in New York. The metal ended at USS4I4JO/80 an ounce compared with New York's U5J415.00/75 dose and the U*****.90/U*****.40 finish here on Thursday. On the local market gold lost HK$96 to end at HKs3£36 a tael.306 words
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Article626 1986-10-25 5 DECEMBER US TreMMThsnds opened sharply higher at 96.14 yesterday as bullish sentiment spilled over from late Chicago trading. The market was supported by the strong dollar and good demand during the one-year T-bill auction on Thursday night. But most of the day's gains were eroded as bonds traded down626 words
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Article47 1986-10-25 5 RESULTS OF TENDER held yesterday for 91-day bills to be issued from Oct 27 to 29: Offered: $150,000,000 Applied tor: *589,500,000 Allotted: $150,000,000 Accepted Mds: $99.52 approximately 21 per cent, higher bids in full. Avenge rate ef iroiMt ea allotment: 1.885 per cent per annum.47 words
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Article60 1986-10-25 5 THE OVERNIGHT rate on the Singapore interbank market cloeed 2V« point higher at 4V« yesterday. The one-month rate gained V* point while the two-month and threemonth rates each rose Vfc to 3. S$ Interbank rotes at 7pm yesterday: Offer fed ragM 41/4 4 1-month 3 2 7/8 2-month60 words
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Article, Illustration316 1986-10-25 5 Asian market ASIAN DOLLAR deposit rates closed steady yesterday at slightly lower opening levels. Period rates eased 1/16 point at the outset. Thereafter rates remained unchanged and one to six months closed at a uniform 6-1/16 5-15/16 per cent, nine months at 6-3/16 6-1/16 per cent and one year at316 words
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451 1986-10-25 5 Data in line with remarks by two officials Reuter AMERICA'S Federal Reserve Is applying virtually do restraint on the hanking system, a stance it has held since early autumn, analysts said, after viewing data from the latest two-week banking period. The data corroboratesReuter - 451 words
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Article124 1986-10-25 5 Reuter CHINA'S foreign borrowing totalled US$lO.3 billion in the past five years while direct investment from overseas ran to US$5.3 billion. The People's Daily overseas edition yesterday quoted People's Bank of China president Chen Muhua as saying that China wanted to absorb more foreign capital to speedReuter - 124 words
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147 1986-10-25 5 AP THE BANK of America's Bangkok branch yesterday said it was laying off 61 staff, all Thais, in order to cut costs. The retrenchment included a vice-president and 11 bank officers. The branch had 234 employees before the reductions. "After extensive studyAP - 147 words
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Page 5 Advertisements
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Advertisement443 1986-10-25 5 5//VS4/Y7/7F >4//?Z.//MF2r L/M/Tl£o (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Singapore Airlines Limited wishes to make the following announcement:1 UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 1986 Revenue OPERATING PROFIT After accounting fonInvestment income Finance charges Depreciation of fixed assets Profit on sale443 words
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TIME-OFF
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Article530 1986-10-25 6 4 TVE NEVER SEEN a person get horny after eating rhinoceros horn." Conservationist Dr Esmond B Martin, who made this remark, might not have ever been invited by frigid Chinese males to observe the supposedly miraculous aphrodisiac effects of this prized trophy. So he530 words
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Article1053 1986-10-25 6 What's on from Oct 25-31 CONCERT: MO ConearL Featuring Gaynor Morgan (soprano), Isobel Bradshaw (soprano), Sobhi Bidair (tenor) and Simon Tunkin (bass). Victoha Concert Hoi. 9.18pm. Programme: Beethoven's No 2 in D, Op 36 and Rossini's Stobat Mater. Tickets from usual booking centres. tyiwuhoiik. Sounde XXN. Kallang Theatre. Bpm.1,053 words
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Article, Illustration1063 1986-10-25 6 BRIAN GOMEZ - By BRIAN GOMEZ I HAD BEEN FOREWARNED about Salalah, the southern Oman! city where Sultan Qaboos bin Said resides. "It's very much like Singapore," a hotel manager in Muscat had suggested when I asked about the city's attractions. The desert dunes, seen from a domestic1,063 words
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Article250 1986-10-25 6 LAST WEEK'S little threat to identify the public relations consultant who sent six identical press releases made at least one Arm slightly worried. "Is it us?" one consultant asked. We are not telling. Investigations into the case revealed, however, that the six press relew were not250 words
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Article, Illustration340 1986-10-25 6 Mike Thumba - By Mike Thumba Dealer: South Lead: Spades Jack by West TWO WEEKS AGO, some examples of simple finesse were discussed. When more subtle finesses appear, confusion usually arises. The simple question "Where do I hope the missing card or cards are?" would often clarify the confusion. Example One To340 words
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Article, Illustration171 1986-10-25 6 AN EXHIBITION en the legends sf the Singapore River Mere Baffle»** arrival till the preeeat will be heM at the National Archives Exhibition Hall, starting Wednesday, Oct 29. The month-long exhibition will trace the developments of the river (rem the ltth century171 words
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Page 6 Miscellaneous
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Miscellaneous36 1986-10-25 6 THC RepvSON I've LOST f*w cfceAlive. ufcGe. is Because TV-OS JOB IS SO SOCinIG I'LL GO RMD "tevLX.To lpo s OM rue PeRMRps OF th€JR £hJTMUS»PsSrn U>ILU Ruß Off ojto me.......6=== if cr ©WMWRMMP«ITP.I«M But* Tma36 words
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SPORTS
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Article490 1986-10-25 7 BRIAN MILLER - BRIAN MILLER previews tomorrow's 8T 10th Anniversary golf competition BRIAN MILLER IT'S THAT TIME of the year again a time for kingpins of Singapore's business and industry to leave the pressures of work in the office and subject themselves to pressures and stress of490 words
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Article, Illustration674 1986-10-25 7 WALTON MORAIS - arlsbert SINGAPORE WOMEN'S OPEN TENNIS By WALTON MORAIS SHE first became Martina's chosen protege, then her doubles partner and finally a feared usurper. When the most dominant player in the world does that to you, there are many ways of reacting. For Gigi Fernandez, this episode674 words
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Article50 1986-10-25 7 QUARTER FINALS SINGLES: Nicole Provis bt Akiko Kijimuta 3-6, 6-3, 7-6 Mercedes Paz bt Marion BoHegraf 7-5, 6-4 Patricia Hy bt Maria Lindstrom 3-6, 6-1, 7-6 Gigi Fernandez bt Helen Kelesi 6-2, 7-6 QUARTER FINALS DOUBLES: Sondy Collins S Walsh-Pete bt Belinda CordweH Niege Dias 6-4, 4-6, 7-650 words
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368 1986-10-25 7 SIXTH SEED Gigi Fernandez, playing exactly like she said she would, upset top seed Helen Kelesi to reach the semi-finals of the Carls berg Singapore Women's Open tennis championships yesterday. The 22-year-old Puerto Rican survived a nervous finish to win the second set tie-break 8-6368 words
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623 1986-10-25 7 BUSINESS TIMES KDth ANNVERSART GOLF COMPETITION 86 Time 1st Tee (Handicap <8> 90%) 7.30am Lim Swe Chew (PRO) 0 Robert Tan (Pr.Waterhse) -17 Ernst Bedarff (Lufth) -17 Cheah Hong Kiat (NCR) -20 7.37am Bill Lee (BP) -12 Stephen Ang (StanChart) -11623 words
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Article45 1986-10-25 7 SEMI-FINALS 3.00 PM CENTRE COURT: Nicole Provis A M Fernandez/ J Richardson v Mercedes Paz Lea Antonopfe v Barbara Gerken 7.30 PM CENTRE COURT: Gigi Fernandez v Patricia Hy Sandy Collins/ S Welsh-Pete Louise Field v Mercedes Paz OR Bettina Fuko Helen Kelesi45 words
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Page 7 Advertisements
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Advertisement0 1986-10-25 7 >~"_"->/{[_*$'&[}=>\%?^<"|,>@::0 words
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Page 7 Miscellaneous
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Miscellaneous1128 1986-10-25 7 w vm mm SATURDAY MIGHT MOVIE Charlie •s. Charlie SorreN and George fcrskine are longtime buddies. George is a talented writer and director. On the other hand, Charlie is a aggressive and wily bachelor who has taken advantage of women all his life. When Charlie is shot dead by a1,128 words
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INTERNATIONAL STOCKS
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391 1986-10-25 8 Reuter SCHLUMBERGER Ltd has agreed in principle to spin off its Fairchild semiconductor unit to a joint venture with Fujitsu Ltd's US semiconductor operations. Under the agreement, Schlumberger said it will own 30 per cent of the new company while Fujitsu will control theReuter - 391 words
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Article88 1986-10-25 8 Reuter EARLY SIGNS of protest are appearing among some of the UK private client stockbrokers to the London Stock Exchange's scheme to merge with the International Securities Regulatory Organisation, ISRO, market sources said. The exchange's around 5,400 members are due to vote on the plan, whichReuter - 88 words
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305 1986-10-25 8 Reuter WALL. STREET stocks celebrated Thursday's report on September's strong durable goods orders by ushering in a broad advance. Another rally in the bond market provided additional fuel to stocks, which also benefited (ram strong earnings reports. The Dow Jones Industrial Average rose 26.58Reuter - 305 words
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Article170 1986-10-25 8 OCT 23 a AMU 24** ■H Alcon Akvn 44* Aigofno SO 14* Bonk Novo Scotn 16 Bonk Of Montreal 33* B«« Canada 36* unch Bp Rmoutcm 34* Brascan O A 27* •f Comptoi Lak« 27* Canodkm Imp Bonk 18* Canpoc ISM Cortng 13* unch Co oiTii i a a170 words
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Article215 1986-10-25 8 OCT 23 1mmt MDUSTMALS A Alpho nice 265 Am 1450 460 inch 4800 2350 325 C G Smith CNA Cunto finonc# 3100 275 5 485 inch *****8 500 F«3 Vofc 180 670 595 5 Ub Hokfe LonrSo LTA M And R Motx* Ltd 2950 1600 200 710 540 100215 words
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Article613 1986-10-25 8 OCT 23 US$ Alcon Akann Aim 32 36* Abg Mt 18* AM Sag AWd Storas Afe-Chalmari Am Branch tnc Am Can Co 40* 66* 3 44* 85* 76* 1* Am Eltc Pwi Am Exprww Am Horns Prod Am Motors Cp 28* 57* 75* 3* 13* t i, i613 words
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Article851 1986-10-25 8 Amsterdam OCT 23 Fk ABN 527 00 -3 Aagon 89.00 +0.3 Ahold 100.00 +0.3 Akzo 144.30 -09 Afrar*a 151 JO -03 AMEV 70.70 +0.5 Ann Bonk *950 -07 AM Stod 126.10 -0.4 Barkal 3350 -1.5 Boh '163.20 1.3 Bonumi 129.00 +1 Buatvmon Tanar odi... 207.50 wdt 660 00851 words
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Page 8 Advertisements
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Advertisement533 1986-10-25 8 c Whet* M win dine aai eaMii "> 1: V> ki'c rs > •K s: 1 tr_fr A traditional German carnival of feasting, beer-drinking, dancing and yodelling October 22 25,1986* 7.30 pm nightly Garden Ballroom (2nd Floor) Royal Holiday Inn Singapore At $36.00* per person for the show and all533 words
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Advertisement126 1986-10-25 8 on Paam 11 May we introduce you to a most mouth wateringjy marinated Sichuan bird. The inimitable Long Jiang Drunken Chicken. Prime and plump. It's so staggeringly good you'll be tempted to try the rest of our 230 Sichuan dishes. Now that's a sobering thought Come for lunch or dinner126 words
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ASIAN STOCKS
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Article369 1986-10-25 9 HONGKONG: Share prices yesterday closed sharply higher on continued overseas demand. The Hang Seng Index gained 31.28 points to 2,286.07 and the Hong Kong Index was up 20.09 at 1.44&22. Turnover totalled 1,087.30 twITH/m Brokers noted some selling by institutional and small investors following reports of share placement by369 words
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Article260 1986-10-25 9 OCT 24 MT AJ Sincara Mm 140 -006 A*ta Camant 27 20 -0.1 Cathay Com 38 10 +0.4 Chang Hva Bank 40 20 -0.6 Chang Loong 27 40 •0.2 Oao Hun Camant 24.40 -0.3 Oan hhto Hour 10.80 -0.15 Ovm Cham 24.30 -0.5 Owta Da* 25.50 +0.2 China Etoct260 words
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Article482 1986-10-25 9 TOKYO: Stocks fell yesterday after their rebound on Thursday as investors were depressed over the lack of participation in the market by institutional investors. The market average eased 24.27 to 16,284.00, Turnover was a modest 580 million. "Electronics peaked early with plenty of people ready to sell," one broker482 words
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Article96 1986-10-25 9 OCT 24 NM Acoja Mining Anglo PM Apax Mining B AHot Con. B 0028 28 unch unch Gold Bowc Patrotaum Banguat Con. B 0 007 0 009 114 0 002 unch 1 First Phi HkJg» Lapanto B Morcoppar 8 80 0.14 2.40 -0 1 unch -0 02 MonfrK Oriartfol96 words
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Article437 1986-10-25 9 SYDNEY: Australian share markets yesterday were unable to overcome early falls and closed Gold stocks bore the brunt following a sharp fall in bullion prices overnight Elsewhere, selling volumes were relatively thin with blue chip industrials and metal stocks falling victim to scattered profit-taking for the second successive day.437 words
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Article106 1986-10-25 9 OCT 24 Woo OmI Sugv 1760 -47 Doawoo Oo»p— Docwoo Hoovy....... 926 -19 1130 •60 Ouifcn M.— 530 •10 DotaNn SocuttM. 2390 •100 Dang Ah Phar 770 20 Dangbu Stool. 1402 ■66 Dona St* Slock Goto Star Hani Bank. 1174 1460 •70 -70 820 -27 Hani Corner* 1200 irtch106 words
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Article182 1986-10-25 9 Reuter BANGKOK: The Stock Exchange of Thailand Index was up 1.82 to 180.18 on a turnover totalling 1,475,228 shares valued at 207.5 million baht. Renter OCT 24 MM Ao Kham Thai Aua Ftw« 200 14 h»1»MWl 196 ♦6 Bar>gkofc Aground 41 SO 1 75 Bank Barm Of Ayudhya ChoroonqReuter - 182 words
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Article51 1986-10-25 9 Reuter SHAREHOLDERS of Hang Lung Development Co placed 50 million of the company's existing shares in New York and London at HKSB.9S each ex-dividend on Thursday. A trust associated with Hang Lung executive director Ronnie Chan placed 25 million shares each in London and New York.Reuter - 51 words
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279 1986-10-25 9 UPI THE ATLAS Consolidated and Mining Corp of the Philippines has announced that talks are underway with Australian investor Alan Bond on a bailout plan aimed at rescuing the giant copper and gold mining concern. A statement released on Thursday said theUPI - 279 words
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Article135 1986-10-25 9 Reuter THE WAH KWONG shipping group to expected to finalise the restructuring of its US$B6O million debt soon, having resolved a dispute with the Chase Manhattan Corp on ship mortgages. Sources close to Wah Kwong tiM the executive version of a debt restructuring agreement was beingReuter - 135 words
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Article229 1986-10-25 9 Mnnonri' priow MARA-Bumiputra to Oct 254 27 First B'putro Second B'putro 5.20 5.25 4 72 4.77 lllnflspors Un It Trust Third B'putro Focrth B'putro 3 67 3.72 4.11 4.23 Th* Conmrc* 0.92 0.99 fihh B'putro Sixth B putra 171 176 Tho Sowtg* Fund 0.14 0.90 172 2.77 S'por*229 words
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71 1986-10-25 9 Reuter PALTOURG Investments Ltd has placed SO mfflton new shares bearing one warrant (or every five shares at HK&.BS per share In London on Thursday. The warrants, with a life until December UN, can be ouu veiled into Paliburg shares at HK&.75 each. Hoare GovettReuter - 71 words
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Article101 1986-10-25 9 HONGKONG TH«doy 1423.13 WMk ago 1408.71 M -ifrtdoy 2129.9 2134.4 WMk ogo 2123.2 NEW YOtK n®"® Friday 2286.07 lErldoy M5479 WMk ago 2234.89 Dow Jom Thmday llf ii n rim i wtormooy WMk ago 1834.93 1808.35 1836.19 TOKYO Nfckti Avtroas Friday ***** 00 T>S*oy *****27 WMk ago *****.34101 words
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Page 9 Advertisements
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Advertisement103 1986-10-25 9 <r a M m Wtare ta wlae. «liu« aai r< g&i* r s O'c% Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, Gado Gado. Sate (Satay). spicy Rendangs, Ayam Goreng. Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only103 words
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Advertisement114 1986-10-25 9 übertus <§rfll 53 a Hooray for Sunday! Sunday Brunch at the Hubert us Grill. Make it an occasion for the whoie family. Sausages, bacon, oysters, smoked salmon, tasty entrees... right through to pastries, puddings, fruit salad and cheeseboard. Sunday Brunch: 11 am 2.30 pm. $24 for adults. $12 for children114 words
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Advertisement163 1986-10-25 9 4 t w Watch some of Singapore's best looking men vie for the coveted title of Mr Personality 1986 Semi-Finals: Nov 5 12 Preview: Nov 19 Grand Final: Nov 26 SxccfSor Hotel 5 Coleman Street, Singapore 0617. Tel: *****33 Exclusive fool Membership: w ■we ivivNiwwi#iN|f for only $15 a month163 words
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Advertisement93 1986-10-25 9 THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungourmet price* For starters, take your pick of our cold dishes prawns on ice. fresh oysters, smoked salmon, melon and dried ham. vegetable terrine. mixed seafood saiod. cooked assorted vegetables and homemade dressings Select your main93 words
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Advertisement119 1986-10-25 9 2 TOP BANDS nightly VMOStPOpU*' S Show J1 HOT DISCO COUNTRY SENTIMENTAL POP ROCK* and you name (tl! "tiL, Singapore's very own Slim Whitman with country favourttee and oldies. Happy Hour*: 12 noon 7pm CAIRNMtLL HOTEL 19CatrnhM Greta, S'pore 0822. Tal: *****22 Frl, Sat 6 Ev ol Public Holiday* tiH119 words
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SHARE INFORMATION
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Article, Illustration4109 1986-10-25 10 THE BUYING momentum picked up in late trading yesterday, lifting share prices on the Singapore stock market Malaysian mining stocks dkl particularly well but were thinly traded. For example, Twining stock eei Bert shot up 60 cents to fftJO on a total volume at4,109 words
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Article219 1986-10-25 10 SINGAPORE Rises tan *??II 00 M 7*5.22 704.75 +04 +111 •4001 44M *****2 +*****0 Ufc— MH Trsssk Misss Mstvs HUp 380 200 396 570 +40 30 3* 35 ■TOUCH orCam IM nsrtstiM 332 247 116 •45 +22 ■TOOft LotTTL S f H 17 10 15 ST h219 words
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Article3516 1986-10-25 10 BID aad otter prim officially JMHud teilMß la aad reported to the Stock Exchange d fcppw yeotcrday with the la farachete la tete of MM atfte wmitm oUiatee apedfled. AO Hat Settlement Ooatracte are gaoled after the word "SETT'. Biff Board dMli (la tete of3,516 words
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Page 10 Advertisements
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Advertisement0 1986-10-25 10 %&$--@+?]\'@`*]?$'&><({}]+)_.-:0 words
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COMPANY NEWS
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Article, Illustration505 1986-10-25 11 MBT FORMER PROMET Bhd chairman Tan Sri Ibrahim Mohamed is willing to return to the company to help put it back on its feet. He believes he can turn the company around within four years. His only condition is that he must beMBT - 505 words
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LATEST RESULTS
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72 1986-10-25 11 Group pre-tax profits fell to M 54.79 million in the year ended June 30, 1986 from M 512.1 million previously. Profit on mining operations amounted to M 53.4 million (M 510.68 million). Stated earnings per share dropped to 47 cents (94 cents). Final dividend72 words
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Article, Illustration492 1986-10-25 11 LORETTA McLAUGHLAN - By LORETTA McLAUGHLAN THANKS TO IMPROVED traffic carriage and lower fuel prices, glamour stock Singapore Airlines has produced first-half figures to end-September which are every bit as good as market expectations. For the six months ended Sep 30, 1986, group pre-tax profits492 words
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311 1986-10-25 11 DATUK LOY Hean Heong's diversified MBf Holdings Bhd has moved further into the red with losses before tax of M 59.27 million (M 56.56 million profit) for the first six months to endMarch. Operating revenue fell from M 532.0 million to311 words
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Article2495 1986-10-25 11 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number o( shares traded shown in brackets in lots o( 1,000 units unless otherwise specified. MDUSTVMLS 1 jinn mill (3026) (2) 302 A1co« (678 70S)2,495 words
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Article32 1986-10-25 11 C I HOLDINGS Berhad: 9th AGM at the Anggerik Room, 4th Floor, Hotel Equatorial, Jalan Sultan Ismail, ***** Kuala Lumpur today at 9.30am. The EGM follows immediately after the AGM.32 words
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Article705 1986-10-25 11 LONDON shares opened firmer yesterday in quiet trading as market makers made last-minute adjustments to their positions ahead of Monday's "Big Bang" deregulation measum. By 11.00 am, the FT 30 Index was up 3.8 points to 1,253.7 while the FTSE 100 Index was up 4.5 points to 1,577.0.705 words
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Article311 1986-10-25 11 LED BY TIN STOCKS, share prices advanced on the Kuala Lumpur stock market yesterday. Buyers flooded the sector and tin stocks chalked up hefty gains. Plantations stocks were firm but gains were less impressive. Among industrials, a handful of lower liners were keenly sought. Tin311 words
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Page 11 Advertisements
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Advertisement326 1986-10-25 11 NOTICES IN TO MATTES OF THE COMPANIES ACT, CAP. W \.i i Ti i. K.T (PTE) LTD. (b Villary UqaMatfaa) At an Extraordinary General Meeting of the members of BENO KWEE TRADING (PTE) LTD. duly convened and held at 6001, Beach Road. *14-01, Golden Mile Tower, Singapore 0719 on the326 words
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Advertisement243 1986-10-25 11 IN TO MATTES OT THE COMPANIES ACT, CAP. itt AND tf Stappre) At an Extraordinary General Meeting of Members of Super Industries Pte. Ltd. duly convened and held at Tan Boon Llat Building, 315 Outran Road, *15-08, Singapore 0316 on 20th October, 1086 at 11.00 a.m. the following resolutions were243 words
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Advertisement383 1986-10-25 11 11. I-I r\a I 1. COMPANIES ACT, CAP At an extra-ordinary general meeting of Gibbs Pte. Ltd., duly convened and held at 1 North Bridge Road, #19-04/06 High Street Centre, Singapore 0617, on Wednesday, 22nd October 1966, the following special and ordinary resolutions were duly paved: SPECIAL BEMLUnONB THAT the383 words
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646 1986-10-25 12 SOH TIANG KENG - Five primary dealers for government securities By SOH TIANG KENG, Financial Corraapondant WHEN THE REVAMPED goveminent securities market kicks off In March next year, it will have five primary dealers and three registered dealers. The Monetary Authority of Singapore said yesterday that it plans646 words
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Article348 1986-10-25 12 TWO OF Stagapore's four discount tow nave been left out of the list of five financial Institutions named as primary dealers (or the restructured Government securities market to be launched in March. They are International Discount Company and Discount of Singapore. But this does not348 words
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80 1986-10-25 12 UPI CHINA has approved an ambitious plan to establish Shanghai as one of the most important trade centres on the western Pacific rim, including a massive overhaul of the city's infrastructure and ingThe Shanghai overall city plan, recently endorsed by the powerfulUPI - 80 words
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228 1986-10-25 12 UPI JAPANESE officials have welcomed a US decision to reject an unfair trade investigation against Japan for banning rice imports, but have objected to tnrinrilng the dispute in international trade talks. The response came in reaction to a rejection by USUPI - 228 words
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429 1986-10-25 12 UNCERTAINTIES surrounding the Malaysian budget threatened to undermine confidence in Singapore trustee stocks earlier this week. However, once investors realised that the stock market was still on a bullish trend, they came back again (or trustee stocks. This was evident at midweek when429 words
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260 1986-10-25 12 Bernama VISITING Vietnamese Minister Vo Dong Giang has informed Thailand that Hanoi is prepared to accept any measure which results from national reconciliation in Cambodia. "If they want us to stay, we will stay if they want us out, we will leave,"Bernama - 260 words
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390 1986-10-25 12 MARTIN SOONG - By MARTIN SOONG RETAIL GIANT SOGO of Japan intends to export materials to Singapore for manufacture into finished clothing, which will be sold in SOGO's Japanese and foreign outlets, and other buyers. Dr Hiroo Mlzushima, the chairman of the390 words
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Article, Illustration181 1986-10-25 12 SINGAPORE'S retail trade is worth more than $10 billion a year, from the humble "mama" shop and wet markets to the glittering, well-spaced department stores and supermarkets such as 90GO, which opens officially today. Speaking at the opening celebration dinner oI the181 words
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Article79 1986-10-25 12 Reuter OOMEX SILVER FUTURES cut losses on dealer buying yesterday morning after taking on selling from Thursday's weak close. In moderate activity, silver for delivery in December rebounded to U555.67 an ounce, with a net loss of L 5 cents fol- lowing a brief downturn to U555.63. AnalystsReuter - 79 words
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Article55 1986-10-25 12 Reuter NEW YORK stock prices turned mixed yesterday as mfld profittaking set In after Thursday's advance. A slightly lower bond market also put modest pressure On SftntpwiHiirtnr Issues posted mfld gains. The Dow Jones Industrials Average rose a fraction to 1835. Declines led advances six-five as 29Reuter - 55 words
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255 1986-10-25 12 LUCY NG - By LUCY NG AN INVESTIGATION to determine whether microwave ovens manufactured in Singapore, Japan and South Korea are being dumped is expected to be launched next week by the European Commission. According to a report carried by the Financial Times, Singapore is believed255 words
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370 1986-10-25 12 Reuter MORE THAN 40 US companies have shown interest in setting up Joint ventures in the Soviet Union in response to its move to step up trading with the West, according to a senior Soviet trade official. Yuri Shcherbtna, the chairmanReuter - 370 words
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265 1986-10-25 12 BOEY KIT YIN - By BOEY KIT YIN ABOUT 900 unionised members were retrenched in the third quarter the lowest in seven quarterly periods. The decline was also the fourth in successive quarters and occurred against a backdrop of a slowly recovering economy. It is also indicative265 words
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LATE FILE
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Article56 1986-10-25 12 Reuter BRITAIN broke diplomatic relations wtth Syria yesterday after its ambaasador was implicated in aa attempt to Dbow up u iMrwtii airliner and a Jordanian was cnvictod of the crime la a London court. British Foreign Secretary Star Geoffrey Howe told Parliament that the BritishReuter - 56 words
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Article61 1986-10-25 12 AFP CANADIAN economic activity could outpace that of the US by Im, the Royal Bank of Csnads has predicted in its monthly report. Canadian gross domestic product is expected to grow 11 per cent in real terms this year and 15 per cent in ISB7, beforeAFP - 61 words
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Article52 1986-10-25 12 Reuter HONGKONG and Canada have ended a third round of talks on the British colony's textile exports without reaching an agreement The taka were aimed at a new bilateral agreement on textile quotas to replace aa accord that capit es at the end of thisReuter - 52 words
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Article41 1986-10-25 12 Reuter PHILIPPINE President Coraaon Aquino said yesterday that she would not bow to demands by Defence Minister Juan Ponce EnrQe that she fire Left-wing Cabinet members and isstote temporarily the Constitution of Mr Ferdinand Marcos. RenterReuter - 41 words
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Article39 1986-10-25 12 Reuter US Energy Secretary John HeniagUm yesterday called on the West In London to buOd op its oil storfcpflfs to enure that there would be no return to dependence on supplies from Opec.Reuter - 39 words
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34 1986-10-25 12 Reuter THE SRI LANKAN Parhament yesterday extended a state of emergency by a month to combat Tamil guerrilla activity in the northern and eastern areas of the Wand. ReuterReuter - 34 words
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Article34 1986-10-25 12 UPI SENIOR leader Deng Xiaoping said yesterday that China would eliminate poverty by the end of this century. He was speaking to Japanese delegates of the JapanChina Friendship Association. UPIUPI - 34 words
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Page 12 Advertisements
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Advertisement17 1986-10-25 12 The dawn of robotics i il'l I L < f--I\' 100 years Ihi i lrnl ON SALE NOW17 words
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Page 12 Miscellaneous
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Miscellaneous19 1986-10-25 12 lavm wW>M n■■■■■ ii J| «i' o '<*****1 Hows of Roinfoll ttw month 207.7 Roiof day* rtw monrt, 1119 words
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