The Business Times, 5 October 1996

Microfilm: NL20727
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 046/12/95 83* SINGAPORE Internet: http://www.asial.com.sg/biztimes WEEKEND EDITION, OCTOBER 5-6,1996
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  • Article
    MARKET SUMMARY
    54 1 sin 214&86 (-1.90) BTCOMP *****7 (-1.29) BT-MOA HOOSO (+4.54) 8WC1MAHET DHWCES Friday Change KL8KC0MP MM. 18 NIKKEI 21,148.03 185.47 HANGSENO lt,MMl_+l«.06 SET INDEX l,W4» HjH JAKARTA OOMP —188* -1.44 MANILA COM P _J.tll.14 *488 TAIPEI WPl MtMl +4JS SEOUL COM* ***** -I7J8 CL8A CHINA B 814.62 AUSTALLQBO —UlU
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  • Article
    FINANCE
    73 1 EXCHABBE BATES uss ss USt 1.410 S 1.566 1208 DM 0663 0.921 TEN Ml 0.897 L2H MS 0.401 0.564 IIKS 0.l» 0182 BAirr 0.039 0.065 RU11AH 100 0.043 0.061 PUMBI4TBB SINOAPORE* 1.44 KUALA LUMPUR. 0.26 JAKARTA 18.00 BANGKOK 11.25 Manila use HONGKONG AM TAIPEI-.— JJS SYDNEY 10.75 TOKYO im
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  • Article, Illustration
    Lock icon Private home sales dived 75% in third quarter
    623 1  -  But price picture is less clear cut, SISV figures show By, Abdul Hadhi [SINGAPORE] Third-quarter transactions of private homes fell by a dramatic 75 per cent, according to latest figures from the Singapore Institute of Surveyors and Valuers (SISV). When it came
    JEN CHUA  -  623 words
  • Article, Illustration
    Ice beer is hot in Malaysia
    408 1  -  In Singapore, the response is lukewarm By i Genevieve Cua [SINGAPORE] Malaysians are avidly quaffing the country's first home-brewed ice beer, Anchor Ice, in marked contrast to Singaporeans whose appetite for ice beer is said to have waned. Anchor Ice, touted as the world's
    408 words
  • Article
    Thakral Investments takes 10% stake in listed HK property firm
    355 1  -  Purchase boosts family company's presence in China By< Conrad Raj [SINGAPORE] The Thakral family is expanding its commitment in China. It is taking a 10 per cent stake in a listed Hongkong property company which has a large land bank
    355 words
  • Article, Illustration
    Lock icon Pacific Andes shares close 6% below offer price
    503 1  -  Analysts divided over whether there's a surfeit of IPOs By 1 Teh Hooi Ling [SINGAPORE] In a sign that investors may be getting satiated with new shares, the latest mainboard debutante Pacific Andes (Holdings) yesterday closed at 53.5 US cents, 6 per
    Source: Bloomberg  -  503 words
  • Article
    Lock icon US jobless rate rises to 5.2%
    134 1 Reuter [WASHINGTON] The US unemployment rate rose to 5.2 per cent last month from 5.1 per cent in August as the number of jobs shrank for the first time since January, the Labour Department said yesterday. In the government's first assessment of the economy's
    Reuter  -  134 words
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      110 1 nisiPE 1/ Food covrtc the generation The now-familiar food courts in Singapore are about to undergo another change, ELI NEWS VALUE private Imbm yfcngt 75%, this pg. Volume data telling, but average price data not meaningful. Padfle Main rlmi t% WawAryrka, thispg. Not surprising and the lack of interest extends
      110 words
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      63 words
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      Page 1 Advertisements Column 3
      14 1 Analysts oooi to Nat Steel Broadway's IPO, Pg 3 US bonds rally, Pg 6
      14 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Labour standards issue generating most heat: WTO
      317 2  -  S'pore meeting may see information technology accord, says chief spokesman By' Vikram Khanna THE issue of labour standards is creating the most controversy in the discussions in Geneva on the agenda for the WTO ministerial meeting in Singapore in December, the WTO's chief
      317 words
    • Article
      Analysts for comprehensive IT pact
      276 2  -  By Kenneth James ANALYSTS here have welcomed the prospect of a comprehensive information technology agreement (ITA) that now seems likely to be tabled at the high-level World Trade Organisation meeting in Singapore this December. The initiative by the "Quad" economies of the US, Canada, Japan
      276 words
    • Article
      Quantum sees better outlook for hard disk-drive industry
      471 2  -  By. Annette Pau HARD disk-drive demand has taken a turn for the better this past month, says US-based Quantum, the world's No 2 drive maker. Young Sohn, president of Quantum's desktop and portables storage unit, told BT here yesterday: "Short-term indicators look
      471 words
    • Article, Illustration
      Lock icon S'pore will have key role in S-E Asian art: auctioneer
      310 2  -  By\ Shiv Taneja SINGAPORE is increasingly going to play an important role in South-east Asian art, Kevin Bousquette, executive vice-president and chief operating officer of Sotheby's Holdings, said here yesterday. Sotheby's Holdings is the US-listed parent of international auctioneer Sotheby's.
      ERIC CHU  -  310 words
    • Article
      Straco in US$20m-$30m China hotel deal
      278 2 LOCAL company Straco International Investments and Management together with a listed company yesterday signed a letter of intent here to acquire or manage two threestar hotels in Zhengzhou, in China's Henan province. T.im Yian Poh, the managing director of Straco International, said the total
      278 words
    • Article
      Lock icon Clear road ahead for Chang as injury knocks out Krajicek
      511 2 AFP WIMBLEDON champion Richard Krajicek retired with an injured knee tendon yesterday after two hard-fought sets, gifting Swede Thomas Johansson a semi-final berth in the U*****,500 (5|584,400) Heineken Open. World No 2 and top-seed Michael Chang, meanwhile, stayed on course
      AFP  -  511 words
    • Article
      LTA posts $90m net surplus in its first 7 months
      297 2  -  Operating expenditure totalled $190 m By < Christopher Tan THE Land Transport Authority (LTA) posted a net surplus of $90.7 million for the first seven months of its operation from Sep 1 1995 to March 31 this year. The authority
      297 words
    • NEWS Roundup
      • Article
        Body for security agencies
        60 2 A SELF-REGULATORY body for security agencies will be formally set up early next year, Minister for Home Aflfeirs Wong Kan Seng announced yesterday A pro-tern committee is already finalising plans for the ACSA. or Association of Certified Security Agencies. The association is expected to set standards
        60 words
      • Article
        PD Int'l buys into Lankan firm
        63 2 HOME-GROWN building materials manufacturer PD International Group has taken a controlling stake in listed Sri Lankan property firm Keells Developnwats. To be renamed PD Keeils Ltd, It will enlarge its operations to enter the aluminium, glass and construction Industry. The alliance will bring PD
        63 words
      • Article
        TDB leads 12 firms for Jakarta show
        50 2 THE Trade Development Board will be leading 12 companies to Jakarta for a trade show next week. The ninth delegation to the Manufkcturin« Indonesia tlnoe its Inception in 1987, this year's team will focus an Indonesia's precision and automotive industries, the TDB said.
        50 words
      • Article
        Aria Travel Mart to ham IT workshops
        62 2 ASIA TRAVEL Mart, which wiU be on during Oct 24-26, will introduce seminar and workshop on topics like IT for travel agents and the need for strategic alliances to boost their performance and training. Participants will be able to hear the views of
        62 words
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      Page 2 Advertisements Column 1
      157 2 EXECUTIVE Appointments TO ADVERTISE CALL TOLL-FREE 1800-*****83 Asia Times Asia Times is a recently launched regional newspaper based in Bangkok that seeks to show the interaction of business and politics in Asia. It has a worldwide network of correspondents. We are looking for a Deputy Business Editor and another Setlior
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      330 2 THE WEA'I'MHtt Stngaporee Showers in the afternoon. Temperature (32-25) H- B/L•* Owi Europe Hl/bo* Good. Anarka O—*• Auckland 17 m Shawm AMte 17/11 Stewi AiMfc J7/tt T*ni !4/» Aftat 0"* a Bqm »ll Tsloni Bail 17*« Showen I^2 Swny Bom IVII Shows Hoootata Tito Brunei »14 Showers C IMB Showers
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        686 3 Figures denote number of respondents Those polled for their views on next week's Singapore stock market outlook are: Daiwa Securities, Fraser's, GK Goh, HG Asia, ING Baring, Deutsche Morgan, Nomura Securities, Phillip. OCSC Bank ♦(Accumulate) —DBS Investment Research, Oct 3. THIS bank is favoured for its diversified
        686 words
      • Article, Illustration
        In My Opinion
        403 3  -  Colin Quek Director, portfolio manager Prudential Portfolio Managers, Singapore UTT P TO THE end of AuI gust, the regional vJ markets have produced a mixed bag of performances. In the short term, the regional markets will continue to face uncertainty owing to the risk of rising US
        403 words
    • Article
      More funds vying for your trust
      1135 3  -  The portfolios of five new trust funds range from stocks in China and the Philippines, to those at home By i Shiv Taneja [SINGAPORE] A RESURGENCE of initial public offerings over the past couple of months may have overshadowed an equally busy time for
      1,135 words
    • Article
      Getting the right frame on home prices in S'pore
      753 3  -  The Back of the ENVELOPE These are trying times for property investors so watch the right factors By] David Goh +The writer is a lecturer (Banking Finance Division) at Nanyang Technological University. This new fortnightly column will cover both property and
      753 words
    • Article
      Analysts cool to NatSteel Broadway's IPO
      557 3  -  By. Annette Pau [SINGAPORE] Analysts are cool to Hongkong-based NatSteel Broadway's initial public offering, even though they are comfortable with the company's fundamentals. Eight analysts polled by BT described the company and its business variously as "uninspiring", "run of the mill", "unexciting", "average" and
      557 words
    • Article, Illustration
      Lock icon Hang Seng Index seen scaling new heighte soon
      459 3  -  E7E ON THE REGION Renewed optimism that US hot money may head for HE soon From< Quak Hiang Whai in Hongkong THE Hang Seng Index fell for the first time in eight days yesterday after breaching the critical 12,000-point on Thursday. It
      FILE PHOTO  -  459 words
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  • REGION
    • Article
      Lock icon ACA finds clues to Perwaja's M$3b losses
      169 4 KUCHING Bernama THE Anti-Corruption Agency (ACA) has found clues to the identity of the parties liable for the M 52.9 billion (Ssl.6 billion) losses at PerwaJa Steel. ACA director-general Shafee Yahaya said yesterday that probes within the country and in Hongkong and Japan
      Bernama  -  169 words
    • Article
      Lock icon No change in Indon car policy despite threats: Ariwibowo
      348 4 mJAKARTA Japan, EU and US are to complain to WTO about Indonesia's car policy Reuter INDONESIA remained defiant yesterday in the wake of threats by Japan, the European Union and the United States to take its controversial national car policy to
      Reuter  -  348 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1542 4 CITY FU6HT ETA FUGHT ETP MW94 1040 AdalaMa $0230 1830 0F82 2055 MnHM— S0977 1655 S0978 0130 0F81 1930 Ho Ctil Mlnh VH741 1300 VK740 1410 Hmmm RJ187 0130 EK72 1730 S0174 1415 Amsterdam KL843 0455 KL838 2300 ***** 1900 EK73 2340 DL25 0650 S0346 2330
      1,542 words
    • Article
      Lock icon Clinton bans Myanmar officials from travelling to the US
      423 4 LOS ANGELES Myanmar to deny entry to US citizens; alleged victims of junta sne Unocal AFP, Reuter PRESSURE on Myanmar's military junta is mounting, with US President Bill Clinton banning its members from travelling to the US and multinationals facing lawsuits
      AFP,; Reuter  -  423 words
    • Article
      Lock icon Philippines hints it may block Myanmar's Asean bid
      196 4 MANILA AFP THE Philippines said yesterday the pace of Myanmar's integration into Asean was "too fast" in a veiled indication it would oppose Yangon's bid to join the group next year. Foreign Secretary Domingo Siazon told reporters that Myanmar's bid for membership
      AFP  -  196 words
    • Article, Illustration
      Lock icon Weighing their odds
      53 4 [YANGON] Young Myanmese women wait to hear their fortune from an old American machine which provides "weight and horoscope"at a market in the Myanmese capital on Thursday. Myanmese people, from senior leaders down to the general public, frequently turn to fortune-tellers or numerology to make decisions on
      AFP  -  53 words
    • Article
      Lock icon Twin-tower blocking RTM TV signals
      178 4 KUALA LUMPUR AFP THE world's tallest building is blocking television signals beamed by state-owned Radio Television Malaysia (RTM) from Asia's tallest building, a minister said yesterday. Information Minister Mohamed Rahmat issued a cabinet order for all high-rise buildings here which are obstructing RTM's signals to
      AFP  -  178 words
    • Article
      Lock icon Thai firms and bourse hit by economic slowdown
      386 4 BANGKOK Bat some investors eyeing bargains in depressed stocks and ailing companies Bloomberg Business News THAILAND'S economic slowdown is exacting a fearsome toll on many Thai companies. Some have slid into losses, while others have defaulted on their debts. Investors have not
      Bloomberg Business News  -  386 words
    • NOTE Book
      • Article
        Lock icon Registration dates for Thai election
        57 4 Reuter [BANGKOK] Thailand's caretaker government has set Oct 21-25 as the registration period for candidates contesting the Nov 17 general election, a government minister said yesterday. General Chavalit Yongchaiyudh, Deputy Prime Minister and Minister of Defence, told reporters parties would have to register their candidates
        Reuter  -  57 words
      • Article
        Lock icon Viet mobile phone subscribers triple
        68 4 Reuter [HANOI] The number of mobile phones in Vietnam, one erf the world's poorest countries, has almost tripled over the last six months, the official Vietnam News Agency (VNA) said yesterday. VNA said Vietnam now has around 57,000 subscribers and expects the number to rise
        Reuter  -  68 words
      • Article
        Lock icon Japan holds back on island lighthouse
        51 4 AFP [TOKYO] Japan has decided to "reserve" recognition of a lighthouse erected by a right-wing group on one of the Diaoyu islands claimed by Japan, China and Taiwan, Foreign Minister Yukihiko Ikeda said yesterday. "We have made the decision comprehensively talcing international relations into
        AFP  -  51 words
      • Article
        Lock icon Viet law on visiting foreign warships
        64 4 Bernama [HANOI] Vietnam has announced a new law governing the visits of foreign warships including a stipulation that not more than three ships from one country be allowed at port. The Vietnam News Agency said that the law, which went into effect on Oct
        Bernama  -  64 words
      • Article
        Lock icon No curbs for car assembly joint ventures
        73 4 AFP [HANOI] Hanoi will refrain from curbing the number of car assembly Joint ventures despite the fact that the market is already overcrowded, the Vietnam News Agency reported yesterday. Industry Vice-Minister Nguyen Xuan Chuan said that "13 licensed Joint ventures to assemble cars
        AFP  -  73 words
    • Article
      Lock icon Philippines Sep inflation rate is lowest in 9 years
      252 4 M MANILA Bloomberg Business News THE inflation rate in the Philippines fell in September to 4.4 per cent, the slowest rise in consumer prices in more than nine years, the government said. "It could have been much better than that," said
      Bloomberg Business News  -  252 words
    • Article
      Lock icon 64 accused in Jakarta riots to stand trial next week
      229 4 JAKARTA Reuter THE trial of 64 people charged with violent crimes and disobeying authorities during the riots in Jakarta on July 27 will begin next week, a court official said yesterday. Budiman, a clerk in the criminal section of the
      Reuter  -  229 words
    • Article, Illustration
      Lock icon S Korean market hit by tension; index falls 2.2%
      514 5 SEOUL Fearing N Korea's attacks, S Korean premier orders maximum security vigilance on 5 islands Reuter IN THE first sign that escalating tension was eating into business confidence, jittery stock investors dumped shares and sent the market index plunging. The leading
      Reuter  -  514 words
    • Article
      Lock icon Govt keeps close watch on gangsters in telecom bidding
      353 5 TAIPEI It is worried about mobs influencing the process to award 8 mobile phone licences Reuter TAIWAN will monitor carefully the bidding in its liberalisation of the mobile telephone market to prevent powerful underworld figures from muscling in on lucrative franchises,
      Reuter  -  353 words
    • Article, Illustration
      Lock icon Bolger not confident he will win poll, raises spectre of left-led govt
      475 5 WELLINGTON He says country should be alerted to possible left victory Bloomberg Business News NEW ZEALAND Prime Minister Jim Bolger said the election race is so close he can't be confident he will retain his post after Oct
      Bloomberg Business News; FILE PHOTO  -  475 words
    • Article, Illustration
      Lock icon Film row: Japan sets terms for WTO talks with US
      362 5 TOKYO AFP JAPAN yesterday said it had conditionally accepted a US request for talks on a dispute over photographic film and paper under the auspices of the World Trade Organisation (WTO). The international trade and industry ministry said Tokyo accepted
      AFP  -  362 words
    • Article
      Lock icon Aussie PR man guilty of insider trading
      116 5 SYDNEY Bloomberg Business News AUSTRALIAN public relations consultant Murray Williams has been fined A 550,000 (5555,500) for insider trading and sentenced to 18 months' periodic detention. It is the first insider trading charge successfully prosecuted by the Australian Securities Commission. Williams had pleaded
      Bloomberg Business News  -  116 words
    • Article
      Lock icon Fiji signs mutual-recognition pact with Taiwan
      232 5 TAIPEI Reuter THE Pacific island nation of Fiji, a diplomatic ally of China, signed a mutual-recogni-tion communique with Taiwan yesterday, risking friction with Taiwan's communist rival. "The status is just below establishment of diplomatic relations," Foreign Minister John Chang told reporters af- ter the
      Reuter  -  232 words
    • Article, Illustration
      Lock icon Call to boycott Japanese goods
      54 5 [HONGKONG] A Hongkong 123 Democratic Alliance member yesterday giving out handbills appealing for shoppers not to buy Japanese-made goods. Hongkong groups are protesting against Japan's sovereignty claim to the Diaoyu islands by targeting three Japanese-made goods per week with this week's being photographic film, batteries
      REUTER  -  54 words
    • Article
      Lock icon S Korean overseas investment up 48% to US$3.7b
      172 5 ■SEOUL AFP APPROVED offshore investment by South Korean firms totalled US$3.7 billion (555.2 billion) in the first eight months of 1996, a 48 per cent rise from a year earlier, the Bank of Korea said yesterday. A total of 1,148 overseas projects
      AFP  -  172 words
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      192 5 Xin Cuisine Presents... Mr Halibut Mr Turbot Rilltd Sthnm <r Hthbtti FUktm Cri^SamniOtfß European Fishes in our Spotial Healthy Meet ,he Twkl,! ISST .1 0V f i c Vth S t^ie amount s P ent i n From the depths of the European North Seas, v we bring to you
      192 words
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  • THE WORLD
    • Article
      Lock icon IMF to help fight money laundering
      251 6 WASHINGTON Reuter THE International Monetary Fund will help countries crack down on money laundering, which it said could undermine their financial stability, the Fund's managing director Michel Camdessus said on Thursday. Mr Camdessus told a news conference that the IMF and the World Bank,
      Reuter  -  251 words
    • Article
      Lock icon Blair's manifesto gets a big 'yes' from Labour Party
      123 6 BLACKPOOL Reuter TONY Blair's grip on the UK's main opposition Labour party was underscored yesterday when its annual conference voted overwhelmingly to endorse the party's pre-election manifesto. The margin of victory was 94.64 per cent to 5.36 per cent. The document,
      Reuter  -  123 words
    • Article, Illustration
      Lock icon Clinton lost all the way from Haiti to Mid-East: Dole
      533 6 JOHNSON CITY, Tennessee President accused of sacrificing enduring US interests to the White House's short-term fixes Reuter REPUBLICAN presidential candidate Bob Dole blasted President Bill Clinton's foreign policy as "rudderless and illusionary" on Thursday and suggested Mr Clinton may have
      Reuter; AFP  -  533 words
    • Article
      Lock icon EU in agreement on air liability
      287 6 LUXEMBOURG New system details what airlines pay in crashes, terrorism Reuter EUROPEAN Union transport ministers reached broad agreement yesterday on a fasttrack system under which airlines would pay compensation to air travellers or their relatives in the event of crashes. "The existing regime has
      Reuter  -  287 words
    • Article
      Lock icon US bonds rise as report suggests slower growth
      435 6 NEW YORK Govt says economy lost 40,000 jobs in Sep, reducing fears of rising inflation Bloomberg Business News US BONDS rallied after a government report showed that the economy unexpectedly lost jobs last month, diminishing concern that inflation would accelerate. The government
      Bloomberg Business News  -  435 words
    • Article
      Lock icon Christopher for Mid-East talks
      366 6 CHAUTAUQUA, New York AFP, Reuter US PRESIDENT BUI Clinton said yesterday he had asked Secretary of State Warren Christopher to attend key Is-raeli-Palestinian talks that are opening tomorrow. The talks at the Erez crossing, an Israeli checkpoint to the Gaza Strip, are to focus on the
      AFP,; Reuter  -  366 words
    • Article
      Lock icon EU calls for WTO panel on US law
      212 6 GENEVA Reuter THE European Union has formally asked for the creation of a World Trade Organisation (WTO) panel on the US HelmsBurton law on investment in Cuba which Brussels argues violates WTO rules, a senior EU official said yesterday. The official said
      Reuter  -  212 words
    • Article, Illustration
      Lock icon Flying united
      38 6 [BONN] A colourful banner combining all 16 German state flags is hoisted at Berlin's symbol of unity, the Brandenburg Gate, asfestivities and parades mark the sixth anniversary of German reunification in the capital on Thursday. AFP
      AFP  -  38 words
    • Article
      Lock icon Russian parliament calls for intl action against Taleban
      114 6 MOSCOW AFP RUSSIA'S lower house of parliament yesterday denounced the military seizure of power in Afghanistan by the Taleban Islamic militia and urged international measures to hit back at the fundamentalists who overran Kabul a week ago. Itar-Tass news agency reported. A
      AFP  -  114 words
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      Page 6 Advertisements Column 1
      132 6 An organiser that listens and talks to you. I #f).UiJWfc Mjiff H :MS9 X" V HI) ICE ORGANIZER Just speak to the Voice Organiser and it becomes your: Phone directory (400 numbers) Appointment calendar (1 year) 99 Memos 99 Reminders To retrieve information e.g. telephone number of Bob James, just
      132 words
  • Page 6 Miscellaneous
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  • COMPANIES & MARKETS
    • Article
      Flextech sees stirrings in electronics industry
      340 7  -  Remarks are latest in series of anecdotal comments from observers pointing to a turnaround By, Jennifer Lien [SINGAPORE] The electronics industry slowdown is showing "subtle" signs of easing, Flextech Holdings chairman Joseph Au said yesterday. Speaking at a press briefing, Mr Au pointed to
      340 words
    • Article
      Lock icon Malaysia's short-selling yet to see deals
      408 7 Lack of approvals, slow infrastructure set-ups, say dealers Reuter [KUALA LUMPUR] One week after its launch, regulated short-selling of stocks in Malaysia has attracted no volume, hampered by a lack of approvals for participants and slow infrastructure set-ups, dealers said. As of late yesterday,
      Reuter  -  408 words
    • Article
      Ex-Johor official may head Perwaja
      207 7 [KUALA LUMPUR] Former Johor state secretary Ishak Mohammad Yusof, who retired from the Johor civil service last month, is tipped to be appointed chairman of Perwaja Steel Sdn Bhd. There is speculation that Mr Ishak might also take a stake in the consortium which recently
      207 words
    • Article
      GIL set to go places in Asian cruise business
      675 7  -  HOCK LOCK SIEW Lee Yoke Har GENTING International pic (GIL), a relatively under-re-searched company, could be an exciting stock for those who believe that AsiaPacific's cruise business is set for explosive growth on the back of rising affluence. The company is
      675 words
    • Article, Illustration
      Sime S'pore expects results to improve
      354 7  -  Christopher Tan {SINGAPORE) Diversified Sime Singapore is poised for significantly better results next year as "the adverse trend in the motor business has been reversed", according to chairman Michael Wong Pakshong. In a statement in the company's latest annual report, Mr Wong said the
      354 words
    • Article
      Lock icon ASB to buy 27% stake in Canada's Mincor
      135 7 Reuter [KUALA LUMPUR] Malaysian property and timber company Advance Synergy Bhd (ASB) said it was planning to buy a 27-per cent stake in Canadian gold-mining company Mincor Resources Inc. The stake would result in ASB having effective control of Mincor, ASB said
      Reuter  -  135 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Johor Corp to list unit on KL bourse by year-end
        429 8 Property arm Johor Land is third unit to go public; move fits parent's plan to list one nnit every year NST. [KUALA LUMPUR] Johor Corporation plans to list yet another subsidiary Johor Land Bhd on the main board of the
        NST.  -  429 words
      • Article
        Datacraft Asia partners US firm
        245 8 [SINGAPORE] Mainboardlisted Datacraft Asia has been appointed pan-Asian systems integrator as well as service and training provider for USbased General DataComm's (GDC) networking products. The agreement covers GDC's range of asynchronous transfer mode (ATM) and universal access system products, and applies to all of Datacraft's
        245 words
      • Article
        Lock icon Gas struck in Man Jaya
        152 8 Reuter [LONDON] British Gas said yesterday it has made a natural gas discovery in its Muturi concession, north-west Irian Jaya, Indonesia. In a statement, British Gas said cumulative gas flows of 40 million cubic feet a day were recorded at the Mogoi Deep-1 well in
        Reuter  -  152 words
      • Article, Illustration
        Lock icon Rashid Hussain in tie-up talks: founder
        284 8 Bloomberg Business News [KUALA LUMPUR) Rashid Hussain Bhd's chairman said the investment bank has had talks with at least one international bank about the possibility of a strategic alliance. Discussions are in a "very preliminary stage" and no final decision has been made on
        Bloomberg Business News  -  284 words
      • COMPANY Briefs
        • Article
          Labroy placement tranche fully taken
          34 8 [SINGAPORE] Mainboard aspirant Labroy Marine Ltd said its placement tranche of 10.4 million shares in its initial public offer has been oversubscribed. Its share offer closes on Oct 16.
          34 words
        • Article
          Uraco gets nod to list 26m shares
          43 8 [SINGAPORE] Uraco Holdings has received approval from the Stock Exchange of Singapore to list 26.09 million new shares of 10 cents each to fund the purchase of a 51 per cent stake in American-incorporated Long's Manufacturing.
          43 words
        • Article
          Pan-United incorporates subsidiary
          22 8 [SINGAPORE] Pan-United Corporation has incorporated a wholly-owned subsidiary, Pan-United Venture Pte Ltd. It has an authorised capital of $100,000.
          22 words
        • Article
          Lee Kim Tah shareholder ups stake
          72 8 [SINGAPORE] Lee Kim Tah Holdings said yesterday that substantial shareholder Inderbethal Singh Thakral has increased his holdings to 5.3 per cent or 4.22 million shares on acquiring 16,000 shares at about $1 each on Thursday. In a separate announcement, Lee Kim Tah Holdings said
          72 words
        • Article
          Econ Intl now has 80% of M'sian unit
          44 8 (SINGAPORE] Econ International has raised its stake in Malaysian subsidiary Econ PI Pile Sdn Bhd to 80 per cent from 60 per cent by acquiring 200,000 shares ofMsl each from stakeholder Wu Bong for Msloo,ooo (5556.000).
          44 words
      • Article
        Fujian port receives first foreign ship
        217 8 [SINGAPORE] Yuan Hong International Port (YHIP) in China's Fujian province, which is being developed by the Salim Group and managed by a subsidiary of listed CWT Ltd, will receive its first for-eign-registered vessel today. The arrival of Handy Light will be marked by a
        217 words
    • INTERNATIONAL COMPANIES
      • COMPANY Briefs
        • Article
          Lock icon Time Warner won't carry Fox news
          71 9 Reuter [NEW YORK] Time Warner Inc has rejected a request made by the City of New York to carry News Corp Ltd's new 24-hour Fox news channel on a public access cable station that the city controls. Time Warner, whose franchise as the city's
          Reuter  -  71 words
        • Article
          Lock icon India state bank raises US$350m
          51 9 Bloomberg Business News [NEW YORK] State Bank of India raised US$35O million (Ss49o million) In the largest international share sale by an Indian company. India's largest bank priced 34.74 million global depositary receipts at U5514.15 each. The sale came as the Indian stock market languishes.
          Bloomberg Business News  -  51 words
        • Article
          Lock icon Three Europe airlines seek Garuda stake
          57 9 AFX-Asia [JAKARTA] British Airways, Lufthansa and KLM Dutch Airlines are all seeking a strategic alliance with PT Garuda Indonesia, Garuda commercial director Sudarso Kaderl Wirjono said. He said such an alliance may be secured by a private placement, add ing that the company still
          AFX-Asia  -  57 words
        • Article
          Lock icon Ex-ministry official quits Nomura post
          74 9 Bloomberg Business News m [TOKYO] A former Finance Ministry official quit his advisory post at Nomura Research Institute, a Nomura Securities Co affiliate, after a newspaper said he bought shares of a company ahead of its public listing, the institute said. Hiromi Tokuda, a former
          Bloomberg Business News  -  74 words
      • Article, Illustration
        Lock icon Planet Hollywood plans to launch toys
        311 9 Bloomberg Business News, Reuter [SAN FRANCISCO] Planet Hollywood International Inc said it plans to introduce a line of toys by February as it attempts to increase revenue from merchandise. Chief executive officer Robert Earl, speaking at the Montgomery Securities investment conference in San Francisco,
        Bloomberg Business News, Reuter; FILE PHOTO  -  311 words
      • Article
        Lock icon News Corp wins battle to start rebel rugby league competition
        352 9 Bloomberg Business News [SYDNEY] Rupert Murdoch's News Corp has won a courtroom battle to start a rebel rugby league football competition called Super League. The Australian Federal Court ruled in News Corp's favour after months of legal argument with the
        Bloomberg Business News  -  352 words
      • Article
        Lock icon Yamaichi cuts earnings forecast as commissions fall
        145 9 Bloomberg Business News [TOKYO] Yamaichi Securities said it has cut its earnings forecast because of declining brokerage commissions and lower profits from trading. Yamaichi is the second of Japan's four largest brokerages to cut earnings estimates. On Sep 17, Nikko Securities also cited
        Bloomberg Business News  -  145 words
      • Article
        Lock icon Giordano's China restart: talks still on
        231 9 AFP [HONGKONG] Hongkong's Giordano International clothing retailer said yesterday that talks with Chinese authorities on the resumption of its operations in Beijing and Shanghai were still continuing. In a statement to the Stock Exchange of Hongkong, Giordano said "negotiations in this regard are in
        AFP  -  231 words
      • Article
        Deutsche Telekom IPO set to be Europe's largest
        456 9  -  The USs9.Bb issue will displace SBC Warburg as top bookmnner From Neil Behrmann in London SBC WARBURG by a long shot tops the international equity privatisation league tables, but the rankings will change after the giant Deutsche Telekom issue. According to Capital
        456 words
      • Article
        Lock icon Dickson's in bid for Barney's?
        285 9 NYT [NEW YORK] Dickson Concepts Ltd, a retail giant based in Hongkong, has made an initial offer to buy Barney's Inc, several people close to the situation said on Thursday. While it is unclear how much Dickson's is offering for Barney's, which filed for protection
        NYT  -  285 words
      • Article
        500m shares for IPO; price range set on Oct 22
        431 9  -  If response is overwhelming, 75m more shares will be offered From Neil Behrmann in London DEUTSCHE Telekom announced yesterday that it would be issuing 500 million shares in Europe's biggest ever initial public offering (IPO). In its preliminary prospectus issued
        431 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Credit Lyonnais chairman calls for further 9b francs from govt
        449 10 Bank posts 67m francs interim profits thanks to 3.9b emergency package FT [PAßlS] Credit Lyonnais, the troubled state-owned bank, needs a recapitalisation of at least nine billion francs (552.4 billion) from the French government to make it fit for privatisation
        FT  -  449 words
      • Article, Illustration
        Lock icon US$ bulls regaining momentum
        340 10 USS/mark: The US$ traded higher this week, touching 1.5344 against the mark on Thursday. Thereafter, profittaking reclaimed some gains, pushing the unit to trade around 1.5285 level yesterday morning. That the US$ was able to rally further despite overbrought daily and weekly stochastics suggests some underlying
        Source: DBS Bank  -  340 words
      • Article
        Lock icon Rubber deficit seen in '98: EIU
        126 10 Reuter [LONDON] The world's natural rubber market is heading for a supply deficit of 80,000 tonnes in calendar 1998, against expected surpluses of 10,000 tonnes in 1996 and 20,000 in 1997, the Economist InteUigence Unit (EIU) said. Fundamentals suggested the market was again moving
        Reuter  -  126 words
      • Article
        Thai firm seeking US$60m loan offered US$100m instead
        310 10  -  Sino-Thai Engineering finally settles for USsBom By< Conrad Raj [SINGAPORE! It still appears to be a borrowers' market, at least judging from the response to Sino-Thai Engineering Construction's (Stecon) syndicated loan facility. The company initially wanted to borrow US$6O million (SsB4 million)
        310 words
      • Article
        Lock icon HKMA sets up first overseas office
        167 10 AFP (HONGKONG] Hongkong's quasi-official central bank, the Hongkong Monetary Authority (HKMA), has opened its first overseas office in New York, a government spokesman said yesterday. The opening of the representative office in New York aimed to develop relationship with international financial community on a
        AFP  -  167 words
      • Article
        Lock icon Petronas shortlisted for Kazakh project
        317 10 Reuter [ALMATY, Kazakhstan] Kazakhstan has shortlisted US oil company Amoco, Malaysia's Petronas and the Chinese National Petroleum Corp (CNPC) to develop its giant Uzen oil field, a Western source close to the project said yesterday. The source said the ministry would declare a winner by
        Reuter  -  317 words
      • Article
        Lock icon US shrugs off China corn exports
        269 10 Reuter (WASHINGTON) Prospects that China may resume exporting limited quantities of corn left US agriculture experts and grain industry officials unruffled this week, and surprised only that it hasn't happened sooner. "It certainly would not be a surprise to the international grain trade," said
        Reuter  -  269 words
      • Article
        Lock icon CURRENCY REPORT
        175 10 Reuter, AFP lionilffFi A SHOCK fall in US payrolls sent the dollar zigzagging in tiny ranges. September non-farm payrolls came in down 40,000, confounding market expectations of a 166,000 rise and a far cry from August's 241,000 increase. But analysts noted that hourly earnings ticked up, as did
        Reuter,; AFP  -  175 words
      • Article
        Lock icon Oil rally pauses for breath but bullishness remains
        304 10 ENERGY REPORT Reuter [LONDON] A torrid oil price rally paused for breath yesterday but traders expect further gains next week amid fears that world heating oil supplies will fall short this winter. At 1450 GMT, November futures for Brent Blend crude was
        Reuter  -  304 words
      • Article, Illustration
        Untitled
        1395 10 PtTBRBAMK CROSS RATES Oct04 AS CS »t ECU nr D« mi Hih HfUk Van Won M$ N»htb hw SS IK Sfr UTS 8aM fwd USS 1 Antral* 1074 1178 0.633 4.090 1208 6.103 28.TT7 «-340 0.880 6.509 X913 I.TT9 ***** 20.732 UQ 1569 0.992 21.693 20.073 0.504 0.789 Cm4I 0931
        1,395 words
    • Article
      COMMODITY PRICES
      1855 11 SICOM FUTURES "oct t RUBBER (futures dosing as it 5.30pm) RSS1 CONTRACTS cmtsAg) Close Volume Open Month High Low Sett (tonnes) Interest Nov 96 174.00 174.00 174.25 850 1150 0«c 96 176-25 2175 Jan 97 179.50 300 1900 Fed 97 160.25 300 1900 Mar 97 181.00 300 1900
      1,855 words
    • Article
      WORLD STOCK MARKETS
      2269 11 LONDON Mwstriils Oct 4 Nnc« AB Ports 267.400 1 Abbey National 609.400 2.400 Allied Domecq 445 -.400 A mac 105 unch Asda Group 106.400 1.200 BATInd 429 *2 BlCC 289.400 -3.600 BOC Group 873 2.600 BR Petroleum 687.400 10.400 BTR 270 -1.400 Bank ot Scotland 276 9.600
      2,269 words
    • Article
      Lock icon TOKYO
      1669 11 Reuter □Nikkei 225 -183.47 STOCKS tumbled yesterday as market participants backed off to the sidelines ahead of the weekend and to wait for US payrolls data due out later. Brokers said the US indicator was weighing heavily on a market already mired in anxiety over Japan's elections. The 225-share
      Reuter  -  1,669 words
    • Article, Illustration
      Lock icon HONGKONG
      1636 12 AFX-Asia rilLtagSeag -109.06 SHARE prices closed lower yesterday as investors took profits following more than a week of gains. Dealers said the correction was both inevitable and healthy, adding that the market was poised to resume its uptrend next week. The Hang Seng Index closed down 109.05 points at
      AFX-Asia  -  1,636 words
    • Article, Illustration
      Lock icon CHINA
      673 12 Reuter Q Shanghai B Share Index +OJ4 SHANGHAI B shares ended up yesterday but trading was sluggish with little follow-through buying. The index edged up 0.14 point to 49.07 on volume of 5.9 million shares worth US$2.l million. Brokers said that after big losses in the past few days,
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  673 words
    • Article
      Lock icon TAIPEI
      381 12 AFP QWP Index +4.63 SHARE prices rose 0.1 per cent higher yesterday to their highest closing level this year as investors pursued bargains in electricals. "Investors remained bullish over the market outlook and turned to buy electricals, though some fund managers reduced shareholdings to take profit," said a broker.
      AFP  -  381 words
    • Article
      Lock icon WELLINGTON
      270 12 Reuter Q Wellington +8.55 SHARE prices ended strongly but just off their peak yesterday after Telecom hit an all-time high of NZ$7.O5. The NZSE-40 Capital Index ended 8.55 points higher at 2,244.28. Oct 4 US (000) ANZB*nkmg~ 8J0 -0.15 ***** Advantages Hldgs 1J2 0.02 T7000 Air N»« 2»*i«od (A)
      Reuter  -  270 words
    • Article, Illustration
      Lock icon BANGKOK
      847 12 AFP fl SET Index -2L68 SHARES dropped 2.1 per cent yesterday amid selling in finance and banking sectors on concern that interest rates may rise, analysts said. "After the Bangkok Bank increased its deposit rate two days ago, there are concerns that interest rates are going to increase," said
      AFP  -  847 words
    • Article
      Lock icon SEOUL
      407 12 AFP d Composite Indci -17.58 SHARE prices closed 2.2 per cent lower yesterday as investors scurried to dump their holdings because of inter-Ko-rean political tensions on the peninsula, brokers said. "North Korea's threat to retaliate this week scared investors away," said a dealer. The Composite Price Index fell 17.58
      AFP  -  407 words
    • Article
      Lock icon SYDNEY
      624 12 AFP F1 AH Ordinaries *0.6 SHARE prices rose slightly yesterday after a recovery in banking stocks and a rally in News Corp, sparked by a ruling that allows its Super League rugby competition to kick off next season. The All Ordinaries Index edged up 0.6 point to 2,315.5. Turnover
      AFP  -  624 words
    • Article, Illustration
      Lock icon JAKARTA
      757 12 AFP P Composite Index -L 44 SHARE prices closed 0.2 per cent lower yesterday on selected profit taking. "The profit-takers today are mostly local players," said a dealer. The Composite Index fell 1.44 points to 588.35. Turnover was 136.9 million shares worth 302.7 billion rupiah. The dealer said many
      AFP  -  757 words
    • Article
      Lock icon MANILA
      334 12 AFP Q Manila SHARE prices closed fractionally higher yesterday as investors focused on the food sector, brokers said. The PSE Composite Index edged up 0.88 point to 3,131.14. Turnover was 5.002 billion shares worth 2.5 billion pesos. San Miguel Corp A shares rose three pesos to 43.50 while its
      AFP  -  334 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Fund managers step up buying
        8066 13 AFX-Asia M Compositelndex +2.46 SHARE prices closed higher yesterday with selected blue chips seeing institutional buying interest while second board stocks continued to see profit-taking. The KLSE Composite Index closed up 2.46 points at 1,150.18. Turnover was 272.1 million shares worth Msl.9 billion. A research
        AFX-Asia  -  8,066 words
    • WARRANTS & OPTIONS
      • Article
        MPHB wrts offer reasonable play
        3855 14  -  WARRANT WATCH -By Paul Leo MULTI PURPOSE HOLDINGS was one of the Clob counters that benefited from spillover interest from across the Causeway yesterday. It rose eight cents to $2.50 with 3.15 million units traded. But its warrants did not feature prominently on the active
        3,855 words
    • Article
      CLOB INTERNATIONAL
      2332 14 MALAYSIAN STOCKS Gr Or M Last Vol Day LMtOMte Ok Dh «M NH MC« Hiqh Low Stfto Cww S* fOOO) HH» U» 8»yar Mir CVr W *25 360 tf -20 15 458 438 436 442 5.0 4.9 03 M 44M W 84 msloo? AM0850C 101 Id -1 3H
      2,332 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1039 15 TURNOVER COOO) VAlUtfOOO) cn» ww m* T t rssr i$i 15 is SEt* 38 4E PUnUtlon 1.74® 1.74* *H 526 SM U17 urr rrST' 4M0 a 027 t3JT7 T.W W« t*,497 TOTAL 34.322 M.W7 MUO 7J.2V4 2V4 7 SCSOAO 3 n 1 U» P» M»dl p, »c» l» 0» fct*
        1,039 words
      • Article
        MAIN BOARD
        3699 15 at or m «rt <<MA LMt VI Day Last Ouata Mv Ota YM M£ Cm A»g m» U. StN« CootMny «4» POOOt H>» La. »yc Sa«ar Car P/I to**** INDUSTRIALS 5146 ASE NT $10 200-- lrt «a qoo QAQ 9SO 90.0 *9™ JSrnP 3 48 178 176 177
        3,699 words
      • Article
        SESDAQ
        642 15 0r Or M X mm LMt V«| Mr LMt OMt* M. M> YM IM C a* A*« MMa r r n,-T m coooi hh» l— >««▼«> cur W <** gjg HflflHHHIHHMHMHBHMBHHiiHi 289 133 .2000 AMHM.se «M w4iMXOVU a.IOJj n.5iM MM* 20M ASA*ofec__ TS JO 79 7* 779 £7 234
        642 words
      • Article, Illustration
        HOT STOCK
        53 16  -  Shiv Taneja WING TAI Holdings is still considerably overbought, and further downside is on the cards. Investors* should begin taking profit, and consider buying back at around $2.90, where there is some amount of support The shares closed yesterday at $3.44, downL six cents on a turnover of
        53 words
      • Article, Illustration
        OTC stocks benefiting from rerating of Malaysian shares
        905 16  -  STOCK MARKET COMMEMTARY Malaysian market perking np because of improving macro economic fundamentals, say analysts By Paul Leo [SINGAPORE] Activities in over-the-counter stocks and some smaU capitalised counters were the only features yesterday in an otherwise mixed session on the local bourse.
        905 words
      • ON THE GRAPEVINE
        • Article
          Testing, testing...
          126 16 WE CARRIED a picture in tnis column yesterday showing a sign along Coleman Street on the yet-to-be-opened Grand Plaza Hotel. The word "Hotel" was spelt "Hotelh". The hotel marketing services manager faxed us an "urgent clarification" on the same day, explaining that its sign contractor was testing out
          126 words
        • Article
          Traders at loose end
          107 16 THE recent prosecution of an Internet surfer who downloaded pornographic material on a diskette is causing high anxiety among some bond traders, we hear. When the market is slow, the dealers find ways to occupy their time, and surfing the Net has increasingly become a favourite
          107 words
        • Article
          Quick exchange
          95 16 A CONSULTANT who travels frequently in the region has devised an ingenious way of remembering the exchange rates of various countries to the Singapore dollar. All she needs to know is the number one and seven and where to stick the decimal point. In Malaysia, the exchange rate
          95 words
        • Article
          No contest
          70 16 A SIGN of the times? When this newspaper put up advertisements in other publications recently appealing to their readers to nominate names for the Businessman of The Year Award, three readers from a certain daily responded by naming last year's winners for the three different categories. They had
          70 words
        • Article
          Shanghai in the lead
          141 16 THE race for Hongkong's first Chief Executive is hotting up. And it looks like the fight for the 1997 top job would be a clash j between the Eurasians and the Shanghainese. Among the candidates, former judge Arthur Garcia and Lo Tak-shing are from Chinese and
          141 words
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      Page 7 Advertisements Column 1
      181 7 TH^MONCTAR^^UTHORJTI^^singapore I AMOUNT OFFERED SGD 300 MIO 1 ISSUE CODE N*****1X (REOPENED) I ISSUE DATE 17 OCTOBER 1996 I MATURITY DATE 1 JULY 1998 I INTEREST RATE 1.250 PCT gj PRICE TO BE DETERMINED AT THE AUCTION f f H INTEREST PAYMENT DATES 1 JULY AND 1 JANUARY 9 I
      181 words
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      Page 8 Advertisements Column 1
      106 8 f C£> n ratulati °ns I I MR. EKA XfIPTA WIDJAJA I I FOUNDER CHAIRMAN OF I I SINAR MAS GROUP I I ON BEING ACCORDED THE 1 II 1996 EMERGING MARKETS CHIEF EXECUTIVE OFFICER OF THE YEAR AWARD II I ING Bank International Media Partners I during the Joint
      106 words
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      Page 9 Advertisements Column 1
      269 9 EXECUTIVE Appointments LEE KUAN YEW SCHOLARSHIPS The Lee Kuan Yew Scholarships are prestigious Postgraduate Scholarships intended for outstanding Singaporeans to pursue postgraduate studies overseas or locally in order to develop their potential as leaders in their respective fields and in the community. Applications are now open for the 1997 Scholarships.
      269 words
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      Page 9 Advertisements Column 2
      6 9 TO ADVERTISE CALL TOLL-FREE 1800-741 1883
      6 words
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      Page 12 Advertisements Column 1
      189 12 v Here's An Opportunity To Enhance your Corporate Presence enquinw or «d book,r»gs. «>*** l B William Tan *****28 I I I To launch the Singapore Regional Index, a Special Feature will be published with The Straits p. Subramaniam 740 2043 111 Times, The Business Times and Lianhe Zaobao on
      189 words
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      Page 13 Advertisements Column 1
      147 13 I Send J.O free faxes today! I ■I I irMAJLER I Got an Internet account...try out a_* Send e-mail to any place in i I I] Asia One's Fax Mailer where you I Bfl II continental United States from V 11——if-. can send e-mail f/J I |H| 11 i" M
      147 words
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      Page 14 Advertisements Column 1
      65 14 I Company anniversaries. Official openings. Corporate achievements. Topping-up ceremonies. And other special events. They are a cause for celebration. Use them to increase your company profile by taking out a Special Feature in our group of newspapers. Talk to us! Well be pleased to be your marketing partner. Joe Heng
      65 words
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      Page 15 Advertisements Column 1
      173 15 Land Transport Authority Infoline "'cdpS" 0 Besulu I INFIIIIiIIC COE Bidding Results I Car Registration Number Availability. I Wondering which share result An SPH AudioTex Service Available on 10th or 11th of every month. All you Available between Saturday and Wednesday each week. All you need is Call OUr non-1900
      173 words
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      Page 15 Advertisements Column 2
      75 15 Shipping Times -business Centre INSTANT INFORMATION to shipping services and products. Around-the-clock. Seven days a week. Call 740-6000 > ress" 1" key in Document Code Cey in your fax number e inter your phone number Visa Freight Services Pit Ltd 8002 Singapore Freight Forwarders Association 8006 Marine Transport Resources (S)Pte
      75 words
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      Page 16 Advertisements Column 1
      344 16 [BUSINESS Notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF HONDA-KAH OWNERS PRIVILEGES PTE LTD On Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTION [Pursuant to Section 290<2Xb)] At an Extraordinary General Meeting of the Company held on Ist October 1996 at 370
      344 words
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      Page 16 Advertisements Column 2
      357 16 LOST CERTIFICATES The foJ lowing certificates for ordinary shares have been reported lost, mislaid or destroyed:Ccft Nft mtuNWttrf Nfttfifryq Marco Poio *****879 Goh Agatha 1,000 Developments limited Rahmans Industries *****114 KhooEuLeng 450 Limited *****423 KhooEuLenc 1,350 *****954 Duit Mint Sdn Bhd 1,000 *****173 Tan Km Choo 1,000 *****174 Tan Kim
      357 words
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      Page 16 Advertisements Column 3
      174 16 l<> \l>\ IK lISI-. I I IQI 1.1 Ul I IHIMI-741 |XX.< j In the Matter of The Companies Act. Cap SO And TAT SOON ENTERPRISE PTE LTD (Membert' Voluntary Windinj Up) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN THAT pursuant to Section 301(2) of the Companies Act. Cap.
      174 words
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      Page 16 Advertisements Column 4
      495 16 In the Matter of The Companies Act Cap. SO And In Ae Matter of TTVOLI HOLDINGS (PTE) LTD (Incorporated in Singapore) At an Extraordinary General Meeting of members of TIVOLI HOLDINGS (PTE) LTD duty convened and held at 190 Middle Road *16-03 Fortune Centre. Singapore 1M979 on 2nd October 1996
      495 words
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      Page 16 Advertisements Column 5
      28 16 For real-time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.
      28 words
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      Page 16 Advertisements Column 6
      46 16 START YOUR CAREER HERE ife* CHECK OUT THE STRAITS TIMES CLASSIFIED EMPLOYMENT PAGES [cat*! PPSfici] Read The New Paper onboard these airlines: I* CSA Czech Airlines Lufthansa German Airlines Myanmar Airways Int. Royal Brunei Airways Scandinavian Airlines Another quoliy pubtcrtton of I «f com i9 /.np^
      46 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Second generation food courts
      1387 17  -  The now-familiar food court in most shopping malls is about to undergo yet another transformation cordtme kerk reports CORINNE KERK TWENTY years ago, had someone suggested bringing the humble hawker centre into a posh shopping centre, he would probably have received more dirty looks than a
      1,387 words
    • STRAWS In The Wind
      • Article
        Telling traits
        55 17 PEOPLE in various vocations tend to approach the same situation differently. The science graduate asks: "Why does it work?" The engineering graduate asks: "How does it work?" The accountancy graduate asks: "How much will it cost?" And the graduate with a liberal arts degree wants to know: "Do
        55 words
      • Article
        A humble reminder
        39 17 IT's always good to know your place in the scheme of things. And as one classic rock radio station in Chicago says in its slogan: "Of all the radio stations in Chicago we're one of them."
        39 words
      • Article
        Food for thought
        56 17 SOME thoughts for the weekend. Indecision is the key to flexibility. Friends may come and go, but enemies accumulate. A camel is a horse designed by a committee. Madness takes its toll. Make sure you have exact change. Animal testing is a terrible idea; they get all
        56 words
      • Article
        A costly slip
        45 17 SPOTTED in an issue of PS Magazine, the US Army's magazine of preventive maintenance: "A slipping gear could let your M 203 grenade launcher fire when you least expect it. That would make you quite unpopular in what's left of your unit."
        45 words
    • BOOKS
      • Article, Illustration
        Setting the record straight on Yesterday
        843 18  -  Ray Coleman's book gives credit where it is due to Paul McCartney, chuamg peck mxmg looks at the book which traces the origins of the world's most recorded song CHUANG PECK MING McCartney Yesterday A Today By Ray Coleman Boxtree 191 pages, $20.90 SHARING
        843 words
      • Article, Illustration
        Essays focus on the family, not feminist propaganda
        884 18  -  The Tie* That Bind In Search Of The Modern Singapore Family An Aware Publication Armour Publishing 208 pages, $10 Reviewed by\ Chuang Peck Ming AS THE only male contributor to a publication put up by the Association of Women for Action and
        884 words
    • ART
      • Article, Illustration
        Weekend at the auctions
        1073 19  -  South-east Asian paintings are coming under the hammer at Sotheby's and Christie's today and tomorrow, ben mumtOE talks to the organisers BEN MUNROE THE two auctions this weekend of South-east Asian paintings by Sotheby's and Christie's have already hit the headlines. The potential rivalry between the
        1,073 words
    • Article, Illustration
      A film that should go straight to video
      571 20  -  CINEMA Hourglass has many 'gems', amnng thorn nuaningiftgg plot Uj inn riifllftgriA By- Holly Harrison SOMETIMES a movie is so bad it's almost good. Take Hourglass, an erotic thriller cowritten by, directed by and starring C Thomas Howell who, 13 years after
      571 words
    • Article, Illustration
      As charming as the first effort
      650 20  -  CINEMA With a bigger budget, Edward Burns' She's Hie One is more polished than his first hit, Hie Brothers McMullen. But the main themes remain the same By* Corinne Kerk IT'S a little scary when a budding film maker who shoots to fame with
      650 words
    • Article, Illustration
      Lock icon Far from the madding crowd
      433 21  -  NIGHTSPOT M&tahari's owners have pot much thought into making their pub cosy By A Surendren JUST like a good little spy, the Matahari Pub Wine Bar, while nicely tucked away, also allows you to check out the goings on around you. The real Mata Hari,
      CHRIS LOH  -  433 words
    • Article, Illustration
      WHAT'S ON
      402 21  -  Compiled by Holly Harrison BLOOD DRIVE Public Blood Donation Session Do something for others tomorrow morning and give blood at Sindhu House. It's an easy way to help someone in need and it doesn't hurt a bit, honest. Oct 6from 9.30 am to 3.30pm. Venue: Sindhu House, 795
      402 words
    • EPICURE
      • Article, Illustration
        Lock icon Daring decor, staid menu
        743 22  -  Salut's food doesn't quite live up to the restaurant's innovative look, says jaime ee JAIME EE 1. HE BANNER outside BH Salut Restaurant and Wine Bar in Tanjong H Pagar said "Opening Soon", but that wasn't enough to deter us from m.a barging through the I
        CHRIS LOH  -  743 words
      • Article
        Look out for Jadot's 1995 Burgundies
        897 22  -  WINE CONNOISSEUR M&ison Louis Jadot, run by the Gagey family, produces some of Burgundy's best wines By N K Yong ONE of the most highly-respected names in Burgundy, Maison Louis Jadot so ably and successftilly run by Andre Gagey and now by his equally
        897 words
      • Article, Illustration
        Lock icon Olive Tree looks set to deliver
        529 22  -  RESTAURANT Kith a wider, more interesting mean and a capable che£, the restaurant is finally allowing promise after several false starts By, Jaime Ee FOR such a pretty restaurant, it's a shame that the Olive Tree restaurant at the Hotel Intercontinental had to suffer
        CHRIS LOH  -  529 words
    • Article, Illustration
      CINEMA
      1159 23 The Babysitter. Clueless' Alicia Silverstone is a freaky babysitter men just can't resist. R(A). Eastshore: 1; 3; 7.15. The Buddy Factor. Kevin Spacey and Frank Whalley star in this buddy picture with a twist. R(A). Picturehouse: 12am. GV Marina: 5; 11.40. Golden: 5; 12am. A Bwrimwt Affair. Christopher Walken
      1,159 words
    • TRAVEL
      • Article, Illustration
        Lock icon Flights of fancy on the slopes
        932 24  -  Skiing for the first time at New Zealand's menacing Treble Cone lee yoke has describes her exhilarating experience LEE YOKE HAR WHEN you are being hauled up by what the New Zealanders call the snow pommel on the beginners slope at the Treble Cone
        ALL PHOTOS COURTESY OP NEW ZEALAND TOURISM BOARD  -  932 words
      • Article, Illustration
        Useful information
        472 24 Counting the costs OUR PACKAGE, four nights' stay at the Edgewater Resort in Wanaka, cost NZ$BO5 (*****) per head. This covers the flight from Auckland to Queenstown, and comes with a hire car for the duration of the holiday. It also comes with a ski pass that's valid
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      699 21 Where to wine, dine and entertain 1 EXOTIC H,nA,ttne&e satire ■P|| 7- 20 OCTOBER 1996 jSpIH Highlights 3 guest chefs from Indonesia Daily Traditional Dessert Demonstration Traditional Dance every evening WG&Sn Lucky Draw-Win a return ticket to Bali and more... ISaHa Fashion Show every Friday night Lunch and Dinner at
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      Page 21 Advertisements Column 2
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  • Page 23 Miscellaneous
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      698 23 RBCOMMBirPBD VIBWIMO q t»t*\7 cf q i r P l \7' upon a plot against that OlcU ly, oldl I y infamous fiddler, Nero, night and later esca P es the deadly eruption of Mt Fascinating TV: Our Vesuvius. A toga-clad Anniversary Show, Frank is Howard stars in &30pm, Ch
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      Page 23 Miscellaneous Column 2
      1537 23 TODAY'S TV Prontos* 12 *23° MN TV Innovations. 11.00 AM TV Innovations. A LOO PM Golf: APGA 2.00 Tennis: Heineken 12.00 NN Berita Jam 12. 1996 Men's 12.1S PM Koleksi Gemilang 50. LOO Prisma. 6.00 Lifesense: Life in the Bal- 2.00 Temasya Pantun. ance (Lastep). B| 330 Klip Video. lUO
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