The Business Times, 15 May 1997
1997-05-15
1
42
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The Business Times
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Title Section13 1997-05-15 1 THE BUSINESS TIMES MITA (P) 023/12/96 85* SINGAPORE Internet http://www.asial.com.sg/biztimes THURSDAY, MAY 15,199713 words
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Article59 1997-05-15 1 on si on -__L07 i- MB U» W— um—im mm IMI—1-208 i Ml UN MM hi— tat—ww 1 BAirr cm mm HJFUiim cm .MM nun SNQATOSg* A 44 JAKAKA HUM MMpnt..., —11* HMLA. I ULM Mfeow. in i S -is LM SSkr -*2 jflun**.,,. m ptAHOunr" u» imat -«i59 words
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Article, Illustration585 1997-05-15 1 Larry Wee - Thai currency hits 10-year low; SET Index tumbles 43% By Larry Wee [SINGAPORE] In a day when the Thai baht came under sustained attack, the Bank of Thailand (BOT) and the Monetary Authority of Singapore (MAS) intervened jointly for theSource: Bloomberg; Source: Dow Jones - 585 words
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458 1997-05-15 1 Catherine Ong - But company again denies it's to blame for interference on Mi's network on Monday By< Catherine Ong [SINGAPORE] The Telecommunication Authority of Singapore (TAS) has indefinitely suspended Sing Tel Mobile from carrying out all trials on a hot new handphone technology and warned458 words
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Article, Illustration363 1997-05-15 1 Vikram Khanna - By Vikram Khanna [SINGAPORE] A surprising slump in export growth last year put Asia at the bottom of the league among the world's major exporting regions, figures released by the World Trade Organisation (WTO) show. Export growth in Asia (excludingSource: WTO - 363 words
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Article, Illustration384 1997-05-15 1 Abdul Hadhi - By. Abdul Hadhi [SINGAPORE] The number of applications to use Central Provident Fund savings to buy private residential properties a key indicator of demand in Singapore's property market slipped to one of its lowest levels in recentALLAN - 384 words
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Page 1 Advertisements
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Advertisement100 1997-05-15 1 IHMIHH I THWI BUR Those who value safety, ajrafbrt, luxury and a high equipment level will low the Volvo S4O, Pi 14 i f4 W* AI ntiohfrl Is a freehold landed property worth $600,000 more than a similar laaeehoftd one? P|4 JMIWiIILUH poiiMoiw pgt CfcJm Square could bCGBBM «A OB100 words
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Advertisement125 1997-05-15 1 MUTER Manila is no Ban^ok The poor state of the Philippine stock market has lately prompted comparisons with the troubled Thai market But many analysts in the Philippines beg to differ. SeePg7 KMH Get Credit Link... No Joining fee. No Annual fee. No Guarantor. No Hassle. A personal revolving line125 words
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SINGAPORE AT HOME & ABROAD
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517 1997-05-15 2 Diana Oon - Jgfat«6erahMst 50% above nearest rival hid from Wing Tai group By\ Diana Oon OCBC Group's Straits Trading Company (STC) and Great Eastern Life Assurance jointly put in the top bid in the tender for the final China Square parcel which517 words
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411 1997-05-15 2 Tan Su Yen - Oil Pudan biatrial Park lite is biggest «fiared since IM2 W Tan Su Yen THE Urban Redevelopment Authority (URA) kicked off its industrial land sales programme for this year with what is believed to be the largest industrial site it has offered411 words
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238 1997-05-15 2 IN A move to reduce construction site accidents, the government will make it compulsory for detailed safety provisions to be included in project contract documents. The new safety requirement will take effect in January, said Labour Minister Lee Boon Yang yesterday. The238 words
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Article, Illustration306 1997-05-15 2 SINGAPOREANS' mission must be to stay ahead of their strongest competitors, especially those in the region, Prime Minister Goh Chok Tong said yesterday. "The most immediate task is to prevent ourselves from being overtaken and overwhelmed by our competitors," he told studentsARTHUR LEE - 306 words
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193 1997-05-15 2 The Straits Times THE Singapore government has placed an advertisement in The Straits Times pointing out that Malaysia's New Straits Times had altered a letter it sent earlier to clarify reports on the Malayan Railway (KTM) land issue. NST had refused to publishThe Straits Times - 193 words
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Article, Illustration338 1997-05-15 2 Lee Kee Yeng - EYE ON THE ECONOMY Business liquidity Lee Kee Yeng THE Central Provident Fund (CPF) default rate an indicator of business liquidity rose to 1.56 per cent in the first quarter. This is an increase from the full-year average of 1.45 per cent for 1996Source: CPF Board; ALLAN - 338 words
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299 1997-05-15 2 Raju Chellam - By] Raju Chellam JAPANESE engineering conglomerate Yokogawa Electric Corp aims to gross $1 billion in revenues from Singapore alone by 2000 from its present $220 million, its chairman Takashi Yamanaka said here yesterday. Yokogawa will make Singapore now its Asean headquarters299 words
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Page 2 Advertisements
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Advertisement77 1997-05-15 2 ♦j m. m 1986. ELDEE YOUNG PLAYS SOMERSET'S vbm H 1997. ELDEE NOT-QUITE-SO YOUNG PLAYS SOMERSETS Etdee Young, tlfe man who started it all at Somerset's Bar is back. Somerset s Bar s first guest musician f and one of America's foremost jazz masters, Efdee Yomh# and bis quartet will77 words
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Advertisement20 1997-05-15 2 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. Another Classified Ic*™! Service20 words
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Page 3 Advertisements
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Advertisement233 1997-05-15 3 f I how do we make every customer feel like our only customer? "B MM ■H As your business grows, don't you find access, jlnd a pnutnaty expenme it's difficult to give the same level customer service department now cf service to eath and every customer? costs much less to233 words
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FOCUS: PROPERTY
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Article, Illustration453 1997-05-15 4 Diana Oon - Is a freehold landed property worth $500,000 more than a similar leasehold one? By Diana Oon [SINGAPORE) Freehold or leasehold? With more leasehold landed housing coming up in the East Coast areas of Kew Drive/ Limau Garden and Eastwood Park, buyers might begin to wonder if453 words
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Article863 1997-05-15 4 Property transactions for districts 15 and 16 (sectors 42 to 45 and 46 to 48) lodged between Dec 2, 1996 and Apr *****7) PROJECT NAME/ PROP CONTRACT TENURE BULFfV PWCE PSF STREET NAME TYPE DATE LANOAREA* (SOFT) (ssm <S» District 15 Amber Park Apt 8/4/97 FH T743 1210863 words
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Article, Illustration634 1997-05-15 4 Diana Oon - Rising capital values of above 10% a year make London an attractive proposal By\ Diana Oon IMPATIENT with the subdued property market at home, Singaporean buyers have been putting their money in overseas property. And London has, in the past year, become a favouriteFILE PHOTO; Source: Knight Frank Research - 634 words
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Article59 1997-05-15 4 Corrections clarifications IN A map we carried on Tuesday, we erred in saying that the Pare Palais condominium development was only 32 per cent sold. It is 80 per cent sold. We were also wrong in saying that UE Square is a 99-year leasehold development. It has a 929-year lease59 words
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Page 4 Advertisements
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Advertisement411 1997-05-15 4 Fitness in the heart of the City. A brand new fitness club complete with Fitness Assessment equipment, separate saunas for male and female members and a half-sized Olympic pool. Professional instructors are on hand to render assistance. Applications for membership are now open. Early Bird Promotion (for members who sign411 words
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Advertisement12 1997-05-15 4 11 jj I I INDEPENDENT HOMES THE LEfIOWG BRfIND Of PREMUM PPOPERIES12 words
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Page 5 Advertisements
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Advertisement203 1997-05-15 5 JJ <>*~* > i mm f A POIHTER TO THE FUTURE SKT§3 v. 'v ■>♦ > *Cs7 ;V > x t 3r\. wm i k 9HEK w^ k 2BHE R XBBK v r "til K 4 JgXpg < v Hi Hi A A 0 "If Ipß twd buildings-one winning concept203 words
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REGION
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342 1997-05-15 6 HONGKONG SENIOR Minister Lee Kuan Yew changed tack when he attacked Chris Patten's democratic reforms, having described the proposals as "very ingenious" when they were first announced in 1992, the spokesman for the Hongkong Governor said yesterday. In a letter to the South China342 words
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Article411 1997-05-15 6 Quak Hiang Whai - HONGKONG Deal seen reinforcing confidence in property market By" Quak Hiang Whai JUST days after a house at the exclusive Victoria Peak was sold for a record HK$72B million (Ssl3s million), a luxury apartment at the waterfront Repulse Bay has found a buyer at411 words
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514 1997-05-15 6 Quak Hiang Whai - HONGKONG But it will be managed by the HKMA, directed by financial secretary /fy' Quak Hiang Whai CHIEF executive-designate Tung Chee-hwa has appointed Financial Secretary Donald Tsang as the officer to receive and manage the Land Fund as part of the514 words
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Article, Illustration51 1997-05-15 6 [HONGKONG] Contractor Lam Chi Wah displaying a metal crown, a symbol of British sovereignty, after it was removed from one of Hongkong's 800postboxes yesterday. The British colony has embarked on a wholesale purge of British symbols, icons and insignia as the return to Chinese rule nears.REUTER - 51 words
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390 1997-05-15 6 SINGAPORE Perception that they ape Western values is wrong, it says AFP A SURVEY by global advertising and communication firm Ogilvy and Mather (O&M) has debunked prevalent myths about young Asian adults, including the perception that they ape Western values, company officialsAFP - 390 words
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336 1997-05-15 6 KUALA LUMPUR Infrastructure jobs in Andhra Pradesh worth about Ms2ob Reuter THE Indian state of Andhra Pradesh is negotiating infrastructure deals worth around Ms2o billion (5511.3 billion) with Malaysian companies and the government. Officials said yesterday that Andhra Pradesh chief minister Chandrababu Naidu, onReuter - 336 words
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181 1997-05-15 6 TAIPEI AFP TAIWAN'S ruling Kuomintang (KMT) yesterday approved a minor cabinet reshuffle, amid mounting calls for a government shake-up over rising crime rates. The reshuffle was proposed by Premier Lien Chan who has pledged to step down in July when constitutional amendments are finalised. InAFP - 181 words
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NOTE Book
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78 1997-05-15 6 Reuter [JAKARTA] Indonesian police yesterday denied that two senior employees of Canadian exploration company Bre-X Minerals Ltd were being held hostage by their colleagues at the Busang base camp in East Kalimantan. Lt-Col I wan Ismet, head of police in the Kutai regencyReuter - 78 words
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Article80 1997-05-15 6 AFX-Asia [KUALA LUMPUR) Telekom Malaysia Bhd and SBC Communications Inc were to sign an agreement yesterday in South Africa with the South African government to buy a3O per cent stake in Telekom SA for US$l.26 billion (Ssl .8 billion), Bernama news agency said. ItAFX-Asia - 80 words
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Article52 1997-05-15 6 AFP [KUALA LUMPUR] The chief minister of Malacca died ye«terday, three days after suffering from a stroke. Mohamed Zln Abdul Ghani, 55, fell into a coma early on Sunday and did not regain consciousness, his special aide Nairn Mohamad was reported as saying by Be mamaAFP - 52 words
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Article, Illustration75 1997-05-15 6 Reuter [TAIPEI] Two Taiwan police officers escorting accused hijacker Liu Shan-chung from Taipei's airport yesterday after authorities took custody of Liu from China earlier in the day. Liu, an unemployed journalist, commandeered a Taiwan airliner to China's south-eastern Xiamen city in March in the first and onlyReuter - 75 words
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386 1997-05-15 8 BEIJING Stocks dive; analysts expect shake-up in Shanghai anil Shenzhen exchanges Bloomberg CHINA replaced its top securities regulator Zhou Daojiong, according to stock market traders and officials, prompting speculation Beijing will crack down on the country's surging stock markets. MrBloomberg - 386 words
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395 1997-05-15 8 HONGKONG Agency upbeat about China's economic reforms, HK's future AFP INTERNATIONAL agency Standard and Poor's yesterday raised China and Hongkong's credit ratings, expressing confidence in Chinese economic reforms and in the territory's future. After the upgrades of the two economies, Hongkong's creditAFP - 395 words
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324 1997-05-15 8 CANBERRA Reuter AUSTRALIA'S modest 1997/98 budget drew criticism yesterday from commentators and financial analysts who accused the conservative government of going soft on spending cuts and deserting the unemployed. But Prime Minister John Howard and Treasurer Peter Costello, in a round of mediaReuter - 324 words
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402 1997-05-15 8 K P Nayar - NEW DELHI Indian PM to address Tata-SIA and Bangalore airport issues By: K P Nayar A FRESH battle is brewing between the proponents of foreign investment in India's aviation sector and their opponents. This follows clear indications that Prime Minister IK402 words
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Article, Illustration283 1997-05-15 8 SUVA AFP FIJI Prime Minister Sitiveni Rabuka yesterday admitted a coup he led 10 years ago was a mistake and filed a constitutional review seeking to reverse the racism institutionalised by his military'takeover. He said in a message toAFP - 283 words
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Article, Illustration313 1997-05-15 8 MALE, Maldives Reuter THE leaders of seven South Asian nations ended a threeday summit yesterday with a pledge to form a free-trade zone by 2001 and launch political consultations to promote peace. Maldivian President Maumoon Abdul Gayoom said leaders ofReuter; REUTER - 313 words
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221 1997-05-15 8 NEW DELHI Reuter INDIA'S federal police have named the late prime minister Rajiv Gandhi as the main accused in a probe into a controversial US$l.3 billion (Ssl.9 billion) artillery contract, the Indian Express newspaper said yesterday. The chargesheet also names other people, includingReuter - 221 words
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Page 6 Advertisements
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Advertisement186 1997-05-15 6 Empower your Finance Manager. Authorise him to upgrade to Real-Time Accounting. Trust his professional judgement. He wants to do his job better. He is keen to monitor the company's financial health on an ongoing basis, as sales take place and fcollections come in. He has been dedicated to his job186 words
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FOCUS
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Article, Illustration1062 1997-05-15 7 Al Labita - Analysts dismiss fears of a Philippine-Thailand parallel which have sparked a plunge in banking and property stocks By, Al Labita (MANILA) THE Philippines is unlikely to go the way of Thailand, which is mired in an economic crisis. On the political front, Philippine governance isSource: Belson PrimeEast Capital Asia Inc; FILE PHOTO - 1,062 words
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494 1997-05-15 7 Better fundamentals have altered banking landscape [MANlLA] Moody's Investors Service has given the thumbsup to the economic changes that have swept through the Philippines, and the consequent impact on the country's banking sector. But the credit-rating agency also warns, in its latest Banking System494 words
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Page 7 Advertisements
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Advertisement103 1997-05-15 7 A Jr jr* w —s-- r 7" 7" x ;< r y l S 1 4• EM& P4&\, i jfcßN I have a schedule to follow, day m, day out, I work, spend time with my family and then r-cupara:*; I net J to he .n touch with the lates"103 words
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Advertisement7 1997-05-15 7 Warning signa in Manila, Editorial Pg 127 words
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Page 8 Advertisements
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Advertisement341 1997-05-15 8 |iiiiim I- —I I Fabulous Feasting I I At Value-Packed Prices. II scti'op faflytfurfgwrtftw 1 In appreciation of our customers' r$ J Patronage, Dragon City Sichuan jf ill W" 4 Ribmi» 1 Restaurant introduces its New g a I Golden Dragon Room. g 11 1 Exclusively designed with an I341 words
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Page 9 Advertisements
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Advertisement364 1997-05-15 9 THE WEB I I -few*m f ls A I I NOMOREHYPE.No more jargon. No more paradigm shifts, okay? Everyone agrees the Web has the potential The news is out Lotus is the I I to be a monumental economic force. But from a business point of view, the Internet has364 words
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Page 10 Advertisements
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Advertisement77 1997-05-15 10 Fifty years of providing USSI3 billion to more than 12.000 growing businesses has made 3i an expert in long-term investment Now we are in Singapore So if your ambition is to start, expand, sell or buy a privately owned business we are here to tielp you succeed Contact Jane Crawford77 words
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THE WORLD
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290 1997-05-15 11 Neil Behrmann - LONDON By, Neil Behrmann BRITISH MPs started a new term yesterday with news that their summer holidays have been cut short: the new Labour government unveiled a legislative programme containing 22 bills at the opening of parliament, with a further four if time permits. The290 words
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Article, Illustration40 1997-05-15 11 [LONDON] Pupils from Prince William and Prince Harry'sformer school, Wether by, lining up to watch the Queen's carriage leave Buckingham PaladtOn her way to Westminster Palace for the State Opening of Parliament yesterday. REUTERREUTER - 40 words
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476 1997-05-15 11 WASHINGTON Largest fall in almost 4 years points to low inflation; Fed may refrain from raising rates, say analysts Bloomberg PRICES paid to US factories, farmers and other producers unexpectedly fell 0.6 per cent in April, the largest drop in almost four years andBloomberg - 476 words
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228 1997-05-15 11 BONN Reuter FINANCE Minister Theo Waigel yesterday said the government may have to increase new borrowing for 1997 because of persistently high unemployment, but said he was sure Germany would qualify for the single European currency. Mr Waigel said the governmentReuter - 228 words
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Article182 1997-05-15 11 MOSCOW Reuter NATO and Russia yesterday agreed on a deal intended to forge a peaceful new relationship after years of mistrust and sweep away Moscow's concerns over the expansion of the Western defence alliance. The text of the deal was agreed at talks inReuter - 182 words
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370 1997-05-15 11 BRUSSELS Luxembourg acts to protect economic, monetary onion FT LUXEMBOURG, due to hold the next European Union presidency, is preparing a "warplan" to head off speculative attacks in the financial markets that could threaten economic and monetary union. Under the plan, one option wouldFT - 370 words
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285 1997-05-15 11 WILLIAMSBURG, Virginia Bloomberg THE US economy can't continue to grow at its recent pace without sparking price pressures in the long run even though right now, the economic picture is "as bright as it gets", Federal Reserve Bank of Richmond president Alfred Broaddus saidBloomberg - 285 words
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180 1997-05-15 11 BRUSSELS Bloomberg THE European Union's most senior anti-trust official yesterday described as "totally nonsensical" a claim by Boeing Co that the EU's handling of its planned US$l5 billion (5521.6 billion) acquisition of McDonnell Douglas Corp could spark a trade war between the USBloomberg - 180 words
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444 1997-05-15 11 LONDON EIU cites reversion to China for fall from top spot to 14th place Reuter HONGKONG is set to lose its position as the country with the best business environment, according to a new ranking produced by the Economist Intelligence Unit (EIU). Hongkong, due toReuter - 444 words
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Page 11 Advertisements
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Advertisement256 1997-05-15 11 HHHjj Kaki Bukit Techpark II.; Your space to grow. Give your business room to grow at Kaki Bukit Techpark 11, where 36 units of 4- and 5-storey A* terrace factories are now up for sale. Er~" Easy access via PIE, ECP and nearby MRT stations x y*h»wt m niMrtrill /"X256 words
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EDITORIAL & OPINION
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Article, Illustration668 1997-05-15 12 Loh Hui Yin - THE BOTTOMLTIIE OPINION By Loh Hui Yin The writer is BT's Hongkong corresponden SAY: "Immigrants from China", and invariably cosmopolitan Hongkong brethren think of poor, lowly-educated and ill-man-nered people massing at their doors. So when Hongkongers were recently told the territory's population668 words
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Article111 1997-05-15 12 These women have turned themselves into farm animals. No woman of any intelligence or who has any sense of morality would stoop so low.' Victoria GiDick family values campaigner on the two British lesbians who impregnated themselves with the sperm donated by friends. 'People never get tired111 words
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Article631 1997-05-15 12 EDITORIAL ON current indicators, a case can be made that the Philippine property and banking sectors haven't yet reached the crisis levels that Thailand is grappling with. But that would miss the point What financial markets have been saying for some weeks now is that unless631 words
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Article, Illustration1186 1997-05-15 12 Peter Lynch - The Budget that Aussie Treasurer Peter Costello produced was anything but exciting By\ Peter Lynch The writer it al Sydney-based journaMsti who contributes to BT in Sydney FIRST, the politics: Australia's Liberal-Coalition Government is facing its biggest crisis since its election last March. Vacillation over AboriginalAFP - 1,186 words
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Article830 1997-05-15 12 CwlHlTllitlMtMt THE Chavalit government is turning a blind eye to the importance of confidence at a time when the economy is in a fragile state. If Cabinet members could only see that confidence is the cheapest and easiest thing to rectify compared to the more gigantic830 words
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Page 12 Miscellaneous
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Miscellaneous38 1997-05-15 12 By Garry Trudeau W IN A F6UJ MINUTES, UE'UEE kf/SHEET ORIPE ANPIMU- YOU GUYS GQOJSEME,MAN. V PUTTING IN. THE- BUS BACK BE TAKING Off, OF COURSE.SO AfiETHE IPIPNTGETA TOTHEHOJELtOUBEWXEP J <JUSTHUNT TOTHMKWUAII g OEST!I CHAt&JOgfB inffoktof the terminal.38 words
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Page 13 Advertisements
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Advertisement604 1997-05-15 13 SINGAPORE BUSINESS Giving you the winning edge Where to wine, dine and entertain., g^i*»o4«s i%' http://www.ana-notels.com Mot just seafood either. Visit our home page and you can order tonight's dinner from our cyber selection. Browse through the menu, leave us your order and it'll he ready 'to pich up before604 words
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Advertisement121 1997-05-15 13 I < FLAVOUR i i GOES CANTONESE j «t tU Kfoptum frow now tl// tl Wdy. 1 i wtn» «mj a SoutA M*rv S%ow i fefonly fer<tAli»flo. You couHwiTid trip to SoutA Africa u dnd Wdurtttu* tn our bidty DruwF 1 Cdn r»4 tm/m ?to* for r»»rvctlowsAVAILABLE PATES' LETT J121 words
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Page 13 Miscellaneous
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Miscellaneous783 1997-05-15 13 TVvRADIO 11-00 wi rrrSISEESm lars. 12.00 NN News. 130 PM The Winners. IXOO MN Central Park West. L3O PM TV Innovations. S 3.00 Money. Money. Money. IX4O AM The Outer Limits 2.02 Primarama. 1 X3O Hot Property Asia (r). Inconstant Moon. Arabian Drama. i 4.00 Twilight Zone. LIB Sweet Justice783 words
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Miscellaneous367 1997-05-15 13 CBYPTIC CROSSWORD sln time I get on and gain some Bff Bff I ft 11 respect (6) 3 I I I I H| MH 8 Aligns with two rings to form equal angles (8) H| I 9 Jack is on the rails, but still be- haves dishonestly (7) 10 Fellow367 words
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EXECUTIVE LIFESTYLE
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BUMPER to BUMPER
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Article68 1997-05-15 14 IT's a good time to sign up as a Tibs Skytrek account holder. Not only will it give you finger-tip access to Tibs' fleet of cabs through a satellite-tracking system, it could also win you a trip to London. Current account holders who use68 words
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Article128 1997-05-15 14 Christopher Tan - -Compiled by i Christopher Tan THE one-litre Seat Salsa, a newcomer to the Category 1 (small car) segment, is doing quite well, it seems. After collecting about 150 orders at the beginning of the year, agent Barcelona Motors had been trying to secure COEs, which had128 words
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Article, Illustration714 1997-05-15 14 CHRISTOPHER TAN - Those who value safety, comfort, luxury and a high equipment level will love the S4O, says Christopher tax CHRISTOPHER TAN AT A glance, you might think the Volvo S4O expensive. After all, a few grand more will buy you a two-litre 3-series equivalent. And like714 words
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Page 14 Advertisements
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Advertisement233 1997-05-15 14 SALUT RESTAURANT WINE BAR cuisine I p renc^ THE HOUSE SPECIALTY: Panfried Foie Gras ;*V fH il E^^uSBBj^^H^NHBsnSBfIHKH Hiß^^S^^BMgM r^^^^^^^^^^^^^^^^^^^^^^Mr*BßlBßftiajßjgj|ai6gaBsia^M B v. -t i ppga They say a car is only as good as X^^B F i the people wtx) built it. Thankfully, CAR Magazine named him Engineer of the233 words
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COMPANIES & MARKETS
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Article, Illustration388 1997-05-15 15 Jenny Lam - Group invests USsllm in joint venture through its Toronto-incorporated luahhcare vehicle By Jenny Lam [SINGAPORE) Singapore Technologies Industrial Corporation (STIC) has invested US$ll million (5515.8 million) in a maiden healthcare joint venture which will develop a hospital and clinics in China. The mainboard-listed388 words
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535 1997-05-15 15 Ronnie Lim - SembCorp unit also engaging consultant for studies on Natuna link to Jurong Island By. Ronnie Lim [SINGAPORE] Sembawang Corp subsidiary Sembawang Engineering and Construction (Sembec) is putting together a consortium which is likely to include JTC International to build part of a 480-km gas pipeline535 words
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765 1997-05-15 15 Neil Behrmann - HOCK LOCK SIEW Neil Behrmann LONDON'S blue chip FTSE 100 index has soared 5.5 per cent to a record 4,699 points since Tony Blair's astounding victory. Global investors, particularly Japanese and German, who bought UK bonds and shares during the past year765 words
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Article, Illustration425 1997-05-15 15 Conrad Raj - fiy Conrad Raj [SINGAPORE) The shares of listed shipping company Osprey Maritime Ltd hit a fourmonth high of $2.40 yesterday after Tuesday's announcement of its US$75O million (551.07 billion) takeover ofMo-naco-based Gotaas-Larsen Shipping Corporation. But profit-taking and weaker sentiment in theSource: Bloomberg; ALLAN - 425 words
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245 1997-05-15 15 Jenny Lam - Jenny Lam [SINGAPORE] A major pharmaceutical company in China has received in-principle approval for a primary listing in Singapore the first Chinese company to have a primary listing here. Tianjin Zhong Xin Pharmaceutical Corporation (TZXP) previously known as Tianjin Traditional Chinese Medicine245 words
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REGIONAL COMPANIES
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482 1997-05-15 16 Surinder Singh - Preliminary talks held between Ansett and competition commission: report From Surinder Singh in Sydney A THREE-WAY alliance between Singapore Airlines. Ansett Australia and Air New Zealand to provide services linking Australia with Europe via Singapore could materialise by the end of482 words
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Article, Illustration313 1997-05-15 16 Reuter [KUALA LUMPUR] Malaysian conglomerate, the DRB-Hicom group, is looking for acquisitions in automotive, finance and construction business for faster growth. Chairman Saleh Sulong said yesterday: "We are looking at acquisitions with a view to expanding rapidly." The conglomerate is made up ofReuter; FILE PHOTO - 313 words
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226 1997-05-15 16 Bernama [MANILA] A unit of Malaysia's Mulpha International Bhd has opposed the stocks rights offer of an affiliate, saying it failed to comply with the government's full disclosure policy. In a complaint lodged with the Securities and Exchange Commission (SEC), Mabuhay Holdings Corp (MHC)Bernama - 226 words
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376 1997-05-15 16 Phone operator one of three to raise funds in next 12 months Bloomberg [KUALA LUMPUR] Binariang Sdn, Malaysia's third-largest cellular phone company, delayed its planned initial public offering until the end of the year, blaming a slump in the stock market.Bloomberg - 376 words
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319 1997-05-15 16 Tan Su Yen - Tan Su Yen [SINGAPORE] Equipment supplier Poh Lian Holdings' initial public offering closed on Monday with an encouraging subscription rate of 33 times. The lion's share or 42.4 per cent of the number of shares offered will go to small investors who319 words
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262 1997-05-15 16 AFP [KUALA LUMPUR] A Malaysian Islamic court yesterday dismissed a divorce application by Renong Bhd's executive chairman Halim Saad in the latest twist to a high-soci-ety saga that has shaken the construction giant. Judge Shahrie Ismail struck out the divorce application when the billionaire tycoonAFP - 262 words
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383 1997-05-15 17 Criminal complaint filed against three in pay-off scandal Reuter, AFX-Asia [TOKYO] Three former executives of scandal-hit Nomura Securities were arrested yesterday in connection with a pay-offs scandal that has linked the brokerage company to racketeers. And in another blow, Nomura witnessed the defectionReuter,; AFX-Asia - 383 words
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Article, Illustration379 1997-05-15 17 Reuter [TOKYO] Media mogul Rupert Murdoch's Japanese satellite broadcasting venture yesterday unveiled a long list of new Japanese partners, ranging from a terrestrial broadcaster to a top advertising agency. The strong line-up could give the venture an edge over its rivals in theReuter - 379 words
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Article455 1997-05-15 17 Anthony Rowley - Japan bourse calm; bank denies rumours of significant forex losses From Anthony Rowley in Tokyo THE Tokyo stock market yesterday shrugged off rumours of major problems at Sumitomo Trust Banking Company, one of Japan's seven leading trust banks, despite the fact that the Tokyo Stock Exchange455 words
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INTERNATIONAL COMPANIES
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548 1997-05-15 19 Digital sees patent suit having no impact on its own business Reuter NYT [SINGAPORE] Digital Equipment Corp does not see its business affected by its surprise suit against Intel Corp for patent infringement. "There's no impact to us continuing to sell our products, noReuter; NYT - 548 words
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Article, Illustration511 1997-05-15 19 Firm pins hopes on new software which rnns on most PCs Bloomberg [SAN JOSE, California] Apple Computer Inc's chief executive on Tuesday described the PC maker's comeback strategy for software developers, yet he failed to reassure many of them that it's enough to saveBloomberg - 511 words
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306 1997-05-15 19 Bloomberg [BRUSSELS] The European Commission has approved British Telecommunications pic's purchase of MCI Communications Corp after BT agreed to provide, at cost and in a timely fashion, circuits for rival operators in its UKUS submarine cables. Its clearance, which was widely expected, leavesBloomberg - 306 words
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322 1997-05-15 19 Bloomberg (LONDON) Cable Wireless pic (C&W), which is joining Keppel Corp and Singapore Press Holdings to bid for a second Singapore telecom licence, posted a 17 per cent higher operating profit, reflecting cost control and improved demand. The company, which madeBloomberg - 322 words
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139 1997-05-15 19 Kyodo [FRANKFURT] Lufthansa German Airlines and four other major international airlines announced yesterday they will form the world's largest airline service alliance. Lufthansa and the four airlines United Airlines of the United States, Thai Airways International, Air Canada and Scandinavian Airlines System,Kyodo - 139 words
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FINANCE & COMMODITIES
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376 1997-05-15 20 All six, including ailing Chogin Osaka Credit, are North Korean thrifts Bloomberg [OSAKA] Japanese regional financial authorities ordered the merger of five thrifts founded by North Koreans to help bail out the ailing Chogin Osaka Credit Cooperative, also a NorthBloomberg - 376 words
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245 1997-05-15 20 Companies using corporate bonds, profits for funding Bloomberg [TOKYO] The average amount of outstanding loans extended by Japanese banks was unchanged in April as companies continued using profits rather than bank loans to fund investments, the Bank of Japan said yesterday. Loans outstandingBloomberg - 245 words
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271 1997-05-15 20 Reuter (SYDNEY) Standard and Poor's said yesterday it has raised its long-term ratings on London-based HSBC Holdings pic and revised its outlook to stable from positive. It also raised its ratings on Hongkong and Shanghai Banking Corp Ltd, the Hong-kong-based principal subsidiary ofReuter - 271 words
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Article, Illustration355 1997-05-15 20 Bloomberg [SYDNEY] Westpac Banking Corp said its net profit in the six months ended March 31 rose 12.9 per cent to As63B million (*****.6 million), driven mainly by the purchase of Trust Bank New Zealand. The Sydney-based bank said revenue rose 12.2 per centBloomberg; REUTER - 355 words
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227 1997-05-15 20 Combined earnings at US$l4 Jb, return on assets also np Bloomberg [CHARLOTTESVILLE, Virginia) US commercial banks reported US$l4.l billion (5520.2 billion) in first quarter net income, an all-time high for any three-month period. The results of 230 commer- cial banks comprising 79 perBloomberg - 227 words
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196 1997-05-15 20 STIWRX Report Reuter [SINGAPORE) Simex Japanese government bond (JGB) and Euroyen futures drifted lower yesterday after trade in a Japanese trust bank's stocks were suspended early in Tokyo. Dealers said the market was unnerved by rumours that Sumitomo Trust Banking Co had racked up foreignReuter - 196 words
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199 1997-05-15 20 Perry Gilbert - MSCI TAIWAN FUTURES By Perry Gilbert By Perry Gilbert, vice-presi-dent, Refco Singapore Pte Ltd THE Simex MSCI Taiwan Index futures yesterday moved sharply higher, as the Taiwan cash index posted the largest one-day rise in nine months. Volume in the Simex MSCI Taiwan199 words
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210 1997-05-15 20 ENERGY REPORT Reuter [LONDON) World oil prices fell yesterday after US data suggested demand for crude and petrol in the key North American market would fall. Figures released by the American Petroleum Institute (API) showed a hefty seven-million-barrel rise in crude stocks fromReuter - 210 words
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Article, Illustration1362 1997-05-15 20 urn****** cross rates Ma v u A$ C$ N* ECU Ffr' Dm «VlnyT»U> Tw W MS g IItt J* IJfff 1.080 UTS 0481 4.447 132* 4.021 *7JT5 *929 0.925 6.946 1964 1W ***** t« i#f 118 M7T Canada 0.926 5.992 0.630 4.131 1229 5J78 ***** ***** 0J57 6.434 1819 10351,362 words
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Article266 1997-05-15 20 AFP, Reuter London STERLING and the dollar gained ground yesterday on the London forex market, the pound being supported by a new drop in UK unemployment and the dollar rising against European currencies thanks mainly to the German mark's weakness, forex dealers said in late afternoon. Despite aAFP,; Reuter - 266 words
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Article1569 1997-05-15 21 SICOMFPTPKBS May 14 WW tM»n w CtoM VoHmt 0*» HgrtH Mb Uw mt (tw—t) teitmt Jm 97 159.50 159.00 01.75 75 800 Jtfff *3.75 MOJO *175 200 1945 «m97 *4.75 *150 *3.00 200 1995 SfJ *5.75 *250 *4.25 200 1995 Stee97 *7.50 *5.75 *5.75 375 4200 JWHar 991,569 words
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Article1624 1997-05-15 21 Reuter Q Nikkei 225 *«U1 STOCKS closed modestly higher yesterday, but recent bullishness in blue-chip issues was watered down by concerns over Sumitomo Trust Banking Co Ltd's equity financing, brokers said. News that the central government and local governments were removing Nomura Securities from their lists of bond underwritersReuter - 1,624 words
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Article2298 1997-05-15 21 day!4 hw *h 31 Group 907 -7.400 AB Ports 272.400 -3 Abbey National 933 -24 Allied Domecq 458 -5 A met 141.400 uneh Asda Group 19 -.400 BAT Mid 546 6 BG Pic 181 uneh ■■r-r 1*7 AflO -5.600 BOC Group 967 »4 BR N> oleum 7442,298 words
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Article, Illustration1630 1997-05-15 22 Reuter Q Hang Seng +***** STOCKS stormed into uncharted territory yesterday as a surprisingly powerful advance swept the Hang Seng Index to its first close above 14,000 points. The blue-chip index surged 247.12 points, or 1.78 per cent, to an intra-day and all-time closing high of 14,153.58. Analysts saidReuter - 1,630 words
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Article, Illustration666 1997-05-15 22 Reuter n Shenzhen B Index -7.63 CHINA'S A and B share indices ended sharply down yesterday for the second day in a row on fears that Beijing is planning tough measures to cool down the over-heated stock markets, analysts said. The falls suddenly reversed a strong upward trend duringReuter; Source: Credit Lyonnsis Securities(Asia) Ltd - 666 words
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Article346 1997-05-15 22 AFP QWP Index +m5O SHARE prices in Taiwan soared 2.9 per cent as govern-ment-run funds ploughed money into the bourse following recent sharp declines, brokers said. "The market opened higher due to active buyings of banking shares by the gov-ernment-owned Labor Pension Fund and the ruling Kuomintang-run enterprises, attractingAFP - 346 words
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Article266 1997-05-15 22 AFX-Asia n Wellington -2J7 SHARE prices closed slightly lower, weighed down by weakness in Telecom following disappointment over its earnings. The NZSE-40 Capital Index closed down 2.17 points at 2,300.99. AFX-Asia U«yt4 US (000) AN2 8«ntiing 9 40 -0.05 7758 Adv«nt*g*s mags 1.35 unch 3100 AirNr»2t*l«n«(A) 3 03 -0.04AFX-Asia - 266 words
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Article, Illustration767 1997-05-15 22 AFP, Reuter Q Composite Index -127 SHARE prices closed 0.4 per cent lower yesterday as investors took profits on selected stocks after a fall on Wall Street, dealers said. "It seems to me the market is pretty strong given the late rebound on the index. Obviously, local investors dominatedAFP, Reuter - 767 words
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Article346 1997-05-15 22 AFP pi Manila +2&81 SHARE prices rose 1.1 per cent but analysts, noting the thin volume, described the rise as mere consolidation. Maurice Cruz of IGC Securities Inc said the rise was not a sign of renewed confidence."There is no major news pushing it up. It is just partAFP - 346 words
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Article594 1997-05-15 22 AFP PAUOrdmarieg -3i SHARES eased 0.2 per cent off its record high of the previous day with investors uninspired by Tuesday's federal budget and "spooked" by reports about News Corp, brokers said. The All Ordinaries Index closed 3.9 points lower at 2,530.4. Brokers said investors were concerned by USAFP - 594 words
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Article, Illustration835 1997-05-15 22 AFP n SET Index -2SM THAI share prices slumped 4.8 per cent to a five-and-a-half year low yesterday amid fears of a baht devaluation as the authorities intervened to support the currency, dealers said. Chai Jilasevenuprapun, an analyst with Asia Securities Trading, said sentiment was very bad on freshAFP - 835 words
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KUALA LUMPUR STOCK MARKET
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Article, Illustration559 1997-05-15 23 Reuter, AFP Q Composite Index CONTINUED weakness in automobile stocks and a sell-off in a handful of small-capitalisation issues by speculators brought Kuala Lumpur shares to a sharply lower finish yesterday. "No positive news is coming out as yet," said Ami Moris, aReuter,; AFP - 559 words
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Article8149 1997-05-15 23 MOUSTRtALS Consumer products 1997 Last Vol Oey M« Cep >—> Lew C—M*Y OOP Lwr P/t $*M 790 590 Ajinomoto 590 -5 12 595 590 32.7 239.1 448 300 Angkase 310 unch 90 310 308 9.2 457J 905 650 Apollo Food Hlg 650 -20 90 695 650 260.0 11? Si SSKSU8,149 words
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WARRANTS & OPTIONS
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195 1997-05-15 24 R Sivanithy - WARRANT WATCH n,,] R Sivanithy YESTERDAY'S column featured the Malaysian warrants of Country Heights, which are currently trading at a 30 per cent conversion discount, despite having plenty of time left to the expiry date. It seems that this is not an195 words
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Article3895 1997-05-15 24 BONDS, LOANS ft WARRANTS m 1997 Last Vol Day Last Quota A»g Hiqh Law Stno Company Sala »or- (OOO) High Low Buyar Sallar Prtaa 68 44.5m 3000 m AM0B cS.5%*****6 50 -2 4 50 50 44 5 50 62 41.5 3160 *Acar ******1 USS 53.5 »2.5 167 54 50 51.53,895 words
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Article2414 1997-05-15 24 MALAYSIAN STOCKS Gr Gr •997 Last Vol Day Last Quote Nv YM W M Cap HIgft Low St no Company Sal* COOO) High Low Buyer Seller C'vr P/E $m.l TtS 310 ms 5000 AISBSOc 310 02 79 316 310 308 312 50 4.9 0.5 63 8 318.0 1372,414 words
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STOCK EXCHANGE OF SINGAPORE
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Article1757 1997-05-15 25 TURNOVER COOO) VALUE ('OOO) Matn Clob Toil mm CK>* Tata! Industrial 37.391 10,204 47,595 142,799 17,273 160,072 F inane* 6.585 16.189 22.774 81,246 32,339 113.986 Mot*U 3.292 297 3.589 9.137 901 9.638 Properties 7,348 9.937 12,889 91.001 9.679 56.680 Plantation 196 196 363 363 Mining 220 220 969 969 8LW1,757 words
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Article5303 1997-05-15 25 Transaction Date :May 14 Cr Gr M Wt 1997 Last Vol Day Last Ouote Otv 01* YM Nat Cay Avq High Law St No C«wn«any Solo COOO) High Low Buyer Se«er Cm P/E Smll Price INDUSTRIALS 5146 ASE NT$10 200 OS- 885 885 1275 ASF US$0.***** US885 85,303 words
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Article1239 1997-05-15 25 Gr Cr M Wt 1997 Last Vol Day Last Ouott Olv 04* YM Hat Cap A «g Hiqh Law StNo Company Sal* COOO> High Low Buy.r Saftar Cvr P/E Smll Prk. SESDAQ 186 109 a 2000 ABRHktqiSc 109 cd 6 26 114 109 K>9 m 3.0 6.0 O.t 155.71,239 words
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Article, Illustration62 1997-05-15 26 Shiv Taneja - by! Shiv Taneja CITYDEV, which closed yesterday at $13.60, 10 cents higher on a volume of 1.8 million units, may move sideways over the next few trading sessions, but the longer term trend is definitely upwards. The weekly MACD chart indicates more upside for this counter, and based62 words
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Article228 1997-05-15 26 Stocks Volume •MBf Capital 9,524,000 •MBf Hldqs 50c 4,899,000 Papular 10c 4,855,000 Serial Sys 10c 3,152,000 SingTel 15c 2,784,000 DBS Land 2,743,000 SIA Foreign 2,592,000 City Oev 50c 1,858,000 •Promet 1,840,000 MMI Hldgs 10c 1,789,000 IWB > SIA Foreign 34,242,670 DBS Foreign 30,625,340 SPH Foreign 25,808,006 City Oev 50c 25,150,452228 words
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Article, Illustration692 1997-05-15 26 R Sivanithy - STOCK MARKET COMMENTARY Observers attribute this to S'pore shares reaching 'fair value' quickly; Creative takes another, hard knock, By R Sivanithy [SINGAPORE] The local stock market yesterday continued its recent reversal, vindicating the view of observers who on Tuesday said that692 words
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ON THE GRAPEVINE
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Article128 1997-05-15 26 THE Century Report, a London-based intelligence report that keeps its readers informed about opportunities that lead to profits in the stock market, said in a promotional flyer that there are three ways to create stock market wealth. One, through the exploitation of natural resources; two, invention and128 words
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Article141 1997-05-15 26 THE Dutch, it seems, know all about flow control and that is why The Port Authority of New York and New Jersey has handed over the management of New York's John f Kennedy Airport to the Dutch, according to an Asian Wall Street Journal report. And141 words
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Article106 1997-05-15 26 SOME time ago this column told the tale of how seafood lovers, especially aficionados of pepper crabs, were getting confused by the presence of two restaurants along the East Coast with similar names. Jumbo Seafood Pte Ltd at the UDMC Seafood Centre is now taking the other106 words
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Article118 1997-05-15 26 TALKING about food, fans of the famous Newton char kway teow better get his new address again if they want to continue to savour the delicious flat noodles. The hawker, who had relocated from his Newton coffee shop stall to one at Hill Street Food Centre, has to118 words
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88 1997-05-15 26 ONE of our guest writers doesn't know if she should feel lucky or disturbed. After a column she wrote on the Malaysian economy, she received a letter from a Business Times reader. She thought she would get either praise or criticism for her analytical88 words
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Page 15 Advertisements
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Advertisement22 1997-05-15 15 WJWmISIIkSbHHBh K jf IH m£L v 4 Jtr w Hr K t3H ML kl Jmßmm MALL (GALLERIA) ml M LEVEL 4 ■l22 words
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Page 16 Advertisements
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Advertisement709 1997-05-15 16 I BUSINESS m Meiban Plastic Ltd NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Tenth Annual General Meeting of the Company will he held at the Board Rixim, 230 Victoria Street, *12-00 Bugis Junction Towers, Singapore *****4 on 3 June 1997 at 11.00 a.m. to transact the709 words
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Page 17 Advertisements
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Advertisement93 1997-05-15 17 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands I long Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for93 words
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Advertisement382 1997-05-15 17 T Simply The Best I Make your winning move with Sing Tel Mobile's new GSM price plans. tOQ V GSM Firrr mm subscription per month 55% off SuhUr- 7 <tOA J ®$IZ6O PirmonSffo 011 Rate FREE 130 mins local talktime Lower Talktime Rates: Peak 35c per min/Off-Peak 10c per min382 words
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Page 18 Advertisements
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Advertisement974 1997-05-15 18 BUSINESS Notices ELECTRONIC RESOURCES LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fourteenth Annual General Meeting of the Company will be held at Orchard Hotel, Orchard Ballroonrr 3. Level 3, 442 Orchard Road, Singapore *****9 on 30 May 1997 at974 words
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Advertisement709 1997-05-15 18 CT\ 4. *1 l£-) TAT LEE RNANCE LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 39th Annual General Meeting of the Company will be held in the Conference Room at 63 Market Street #14-00, Tat Lee Bank Building, Singapore *****2709 words
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Advertisement201 1997-05-15 18 M THE MATTER OF THE COMPANIES ACT. CHAPTER 90 ANO M THE MATTER OF A O PACIRC DISTRIBUTION PTE LTD (IN MEMBERS' VOLUNTARY UOUIOATION) NOTICE OF HNAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306(1) of the Companies Act. Cap. 50 that the Final Meeting of Members of the201 words
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Advertisement312 1997-05-15 18 THE COMPANIES ACT. CAP. SS —l—U— (PRIVATE) LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Members of SENG ANN LUMBER (PRIVATE) LIMITED duly convened and held at 101 Upper Cross Street *04-43 People's Park Centre. Singapore *****7 oa 15th day of Annl 1997. the followiaa Special312 words
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Advertisement172 1997-05-15 18 In The Matter Of The Companies Act, Cap. SO And In the Matter Of RENA MECHANICAL HANOARTS CORPORATION (PTE) LIMITED (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to Section 308 of the Companies Act, Cap. 50 the Final Meeting of Members of the Company172 words
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Advertisement727 1997-05-15 18 To advertise call toll-free 1800-741 1883 IN THE MATTER Of THE COMPANIES ACT, CHAPTER 80. AND IN THE MATTER OF PAVING PLANT A PROCESSES (INTERNATIONAL) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of PAVING PLANT A PROCESSES (INTERNATIONAL) PTE LTD. duly convened and727 words
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Page 19 Advertisements
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Advertisement291 1997-05-15 19 Urban (LB] Redevelopment vJI Authority FOR INDUSTRIAL DEVELOPMENT BUKrr BATOK r /1 l 7 e V >Br J o\ pi JURONG EAST F \V S\ o\ I WAREHOUSE V 0 \Nv w\ COMPLEX hj jo Vrr VV/ BLOCK 1 /gf Qj y aw; 1 Land Parcel A Land Parcel B291 words
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Page 22 Advertisements
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Advertisement83 1997-05-15 22 mm m "SI? SIT TRADING ROOM FURNITURE *9P89 i I l|j Our dealing and broking workstations are iPBjflSL* HMNI E J designed and manufactured the UK by DAS If I 1 1 Ml mLr I as p=- —j i. Specialist Business Furniture, the fastest jttf I I i p;v t83 words
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Advertisement35 1997-05-15 22 ♦The Seoul market was closed yesterday 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.35 words
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Page 23 Advertisements
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Advertisement6 1997-05-15 23 Singapore Businessgiving you the winning edge6 words
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Page 24 Advertisements
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Page 25 Advertisements
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Advertisement22 1997-05-15 25 ROY EASTERN WATCH, LUCKY PLAZA, #01-74, #01-86/87/88 ORCHARD ROAD TEL 734 3139 DELUXE EASTERN WATCH, CENTREPOINT, #01-18/20 ORCHARD ROAD TEL 235 2536.22 words
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Advertisement7 1997-05-15 25 Singapore Business Giving you the winning edge7 words
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Page 26 Advertisements
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Advertisement360 1997-05-15 26 BUSINESS Notices Millf Jardine Matheson Annual General Meeting The Annual General Meeting of the members of Jardine Matheson Holdings Limited will be held at 9.00 a.m. on Thursday, 12th June 1997, at the Princess Hotel, 76 Pitts Bay Road, Hamilton HMOB, Bermuda. Appointment of Proxies a) Registered Shareholders Registered Shareholders360 words
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Advertisement364 1997-05-15 26 WW Jardine Strategic Annual General Meeting The Annual General Meeting of the members of Jardine Strategic Holdings Limited will be held at 10.00 a.m. on Thursday, 12th June 1997, at the Princess Hotel, 76 Pitts Bay Road, Hamilton HMOB, Bermuda. Appointment of Proxies a) Registered Shareholders Registered Shareholders may appoint364 words
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Advertisement438 1997-05-15 26 To advertise call toll-free 1800-741 1883 THE AGRICULTURAL BANK OF CHINA, SINGAPORE BRANCH U*****,000,000 FLOATING RATE CERTIFICATES OF DEPOSIT DUE MAY 2001 (Tranches A B) In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the Interest Period from 15 May 1997 to 17438 words
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SHIPPING TIMES
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Article328 1997-05-15 27 Reuter, Bridge News RATES spiked up for Far East Panamaxes in a move that caused some surprise here although there does appear to be a tightness for early modern ships, brokers said. Another disappointing day in terms of volume, although the end of day sell-off could pave theReuter,; Bridge News - 328 words
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Article260 1997-05-15 27 CWT OMrttuflon U« undi 4 Ouan Hup LOO *OuOOS 169 Cosco Mvaatmant _L26 -O.OI 24 FrvtqMLMu 0MT3 -0.009 215 06H>i*m aw -0.02 23 Hal Sun Hup U» -0.02 2M HNacMZaaan 0.73 -aoi 13 IMC Mil—n HK5 60 JjyaHohPngi 0.985 -0.015 4 Shipyard 6.50 -0.05 in Carp 6.95 uncti260 words
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398 1997-05-15 27 Yong Mei Fong - S'pore willing to play a central role in developing it, says MAS'lnsurance Commissioner Reports by Yong Mei Fong {SINGAPORE! Singapore is committed to and is willing to play a central role in developing the marine hull insurance market in Asia, said Lim Shu398 words
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373 1997-05-15 27 [SINGAPORE] The initiative to launch a marine insurance market in Asia is laudable, but major obstacles stand in the way of the development of such a market for the region. This was the view of a number of marine insurers,373 words
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Article, Illustration275 1997-05-15 27 [SINGAPORE] The Port of Singapore Authority (PSA) and Hyundai Merchant Marine (HMM) signed a long-term terminal service agreement (TSA) on Tuesday. Under the deal, PSA guarantees a customised package of services and certainty of rates to meet HMM's needs. It also assures the275 words
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141 1997-05-15 27 Reuter [SEOUL] A South Korean container ship sank after colliding with another ship early yesterday off the South Korean coast. All the 11 crew members on board the sunken vessel were rescued. An officer at the Pusan Maritime Police said by telephone a smallReuter - 141 words
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Article, Illustration353 1997-05-15 27 Marcus Hand - Acqnisitionof Gotaas-Larsen gives firm 11 per cent of the global market By\ Marcus Hand [SINGAPORE] Osprey Maritime's main aim in its acquisition of Gotaas-Larsen Shipping Corporation is to become a major player overnight in the rapidly growing liquefied natural gas (LNG) market.353 words
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176 1997-05-15 27 Journal of Commerce [LOS ANGELES] The US Maritime Administration (Marad)'s top official has said he supports rationalisation in the shipping industry, but will only approve the purchase of APL Ltd by Neptune Orient Lines of Singapore if the stand-alone US corporationJournal of Commerce - 176 words
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Article, Illustration1119 1997-05-15 28 Gerard Verhaar - MOW CHINA SHIPPING AGENCY: A CLOSER LOOK China's new Shanghai Shipping Exchange is not the first unilateral attempt by a developing country to control its national shipping and trading. But China may not be able to enforce its extra-territorial rules Rw Gerard Verhaar EACTIONS toFILE PHOTO - 1,119 words
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261 1997-05-15 28 PAGE EAS intl 11 ACL 11 ECl 6 ANL 3 E" Abi« 4 Ethiopian i i Accord 12 6 Ahranklai 4 E*afgraan 6 Appanshlp 5 famous Astro 3 Fl-BrlgM i Austral 11 FoongSun 12 Avant 6 6 Link 4 USA 7 Gamartrans 13261 words
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Article15146 1997-05-15 34 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA AdvtrtiS*r VhuI Voyaqa ETA ETA Atfyartisar VmmI Voyaq. Tata0»na SIN Dast'n N*m. Nam* NumOar SIN Dast'n Nam# Nama N urntw Numb* To BREMERHAVEN (BRV) 2057 A Germany To ABIDJAN (ABJ) 2003 is/os 00/04 trade selene ok* 45 *****24 Ivory Coast, Cote D'lvoire n/os15,146 words
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SHIPS IN PORT
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Article644 1997-05-15 41 VMM< Voy Wo BrtH Anlwl P*P*ftiirt JM| Nr< IMh 9701 JIT HonQiMt 14.05/0900 M JM HIM 0W597 JOt HongM 8.05/0430 6 H Offrtort ***** J02 alonpM* 14.05/1200 fra-TET *****1 M MM; 605/800 "nmrium 1 JV4 llongtM* 24.05/1200 i jos noa/aoo lull mm 01/97 J11 ilongudt 8.05/230C Mjn f644 words
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Article1800 1997-05-15 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Boofclng/B«l«nc* litis Ship Voy Wo Etb/Btr Nftod From To Frow Ac i Uly 0044 IT/BOO tl M/ITOO 8/***** B/OW j ivotoo a/iao b/mm 4 is/woo b/mm is/iroo taiwii oil mm H M/mo b/nm b/omo i ivoroo anm is/moo 4 B/I2M1,800 words
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Article220 1997-05-15 41 May IS Paraguay: Independence Day. Spain: Holiday in Madrid, Patron Saint of Madrid. Saint Isidro. May 17 Iran: (TENTATIVE) Martyrdom of third Imam(Ashura). Lebanon: Ashoura. Pakistan: (TENTATIVE) 9th ofMuharram (dependent on sighting of the moon). Norway: Constitutional Day. May 18 Estonia/Latvia: Whit Sunday. Germany: Pentecost. India: Moharram. Pakistan:220 words
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Article963 1997-05-15 41 THIS report compiled by Cockett Marine OU Ltd. shows price range* In US dollars Instead of single prices for a more comprehensive description of the market Prices shown are based on average-slsed stem Market move menu are Indicated The Cockett Bunker Price Index chance and the963 words
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Article353 1997-05-15 41 Carta* 180 Max 909.7 0.8 16.0 0.11 61 0.06 a M» a DmhNv Mater hiifci Is* kbmlMim hi—I No Mm E2S 0 0 3 1 0 0 =Ii 222 380 AM 986.4 0.4 12.6 0.07 32 0.02 JJ2 380 Mix 992.9 7.0 17.1 0.18 81 0.07353 words
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AIR & LAND TRANSPORT NEWS
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Article, Illustration324 1997-05-15 42 Lufthansa, United Airlines, Thai Airways, Air Canada and SAS make np Star Alliance AFP [FRANKFURT] A major new airline partnership was due to come into being yesterday in an alliance of five of the world's biggest airlines in Europe, Asia andAFP; FILE PHOTO - 324 words
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243 1997-05-15 42 Reuter [LONDON] British Airways and American Airlines are expected to seize on an announcement by rivals due yesterday to argue that while a regulatory headwind is holding back their own alliance others are allowed to get ahead in the race to create globalReuter - 243 words
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Article, Illustration57 1997-05-15 42 [SYDNEY] Construction work being carried out at Sydney's domestic terminal yesterday as the AsBoomillion (S$880million) upgrade of the airport gets underway. As the main gateway for the 2000 Sydney Olympic Games, Sydney's Kingsford Smith International Airport is to be upgraded with the aim ofcreating aREUTER - 57 words
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337 1997-05-15 42 FT Timor's projected sales targets questionable, says minister AFP [JAKARTA] The Indonesian government will slash the amount of credit allocated to PT Timor Putra Nasional, the country's national car firm, due to questionable projected sales targets, news reports said yesterday.AFP - 337 words
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103 1997-05-15 42 AFP [BEIJING] Britain's RollsRoyce pic has launched construction of a US$3O million (5543.2 million) Chinese joint venture to supply it with advanced aircraft-engine turbine blades, Xinhua reported yesterday. Rolls-Royce will hold a 49 per cent share of Xian XRA Aerocomponents Ltd, located in the northernAFP - 103 words
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226 1997-05-15 42 AFP [NEW DELHI] Indian airport authorities on Tuesday rejected Saudia's claims that air traffic controllers (ATC) were overworked at the time of the world's worst mid-air collision which killed 349 last year. The authorities said: "The tone and clarity of the ATC transmissionsAFP - 226 words
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369 1997-05-15 42 Dutch expertise to operate arrivals hall on 30-year lease [AMSTERDAM] The Port Authority of New York and New Jersey, which operates New York's John F Kennedy International Airport yesterday turned over management of the airport's arrivals building to the Dutch government, the Asian369 words
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LOG Book
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Article61 1997-05-15 42 [TOKYOJ All Nippon Airways (ANA) said on Tuesday it will appoint former managing director Kenzo Yoshlkawa as president to succeed Seiji Fukatsu, 64, who will resign at the end of June. Mr Yoshlkawa. 60, will be formally appointed president at a directors' meeting at the61 words
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Article92 1997-05-15 42 Reuter [SYDNEY] Hastings Funds Management Ltd, manager of the Australian Infrastructure Group (AIF), said yesterday it welcomed the New South Wales state government approval to the proposed Sydney light rail system extentions. The proposal will now enter the formal development approval process including preparation ofReuter - 92 words
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Article66 1997-05-15 42 AFP [MONTREAL] Canadian aeronautic group Bombardier has announced the sale of six regional jet planes to South African Express (SAX) for Csl79 million (*****.4 million). Delivery of the 50-seat two-engine planes will place from August 1997 to May 1996, Bombardier said in a statement SAX plansAFP - 66 words
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89 1997-05-15 42 [SINGAPORE] Federal Express (FedEx) has opened a new_. and expanded facility of over 1,000 square metres in Brisbane. The new facility was opened in response to increasing demand in the south-east Queensland market, which FedEx said has been growing by 260 per cent on89 words
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64 1997-05-15 42 AFP [BOMBAY] Japan's Mitsubishi Corp has picked up a one per cent stake in India's largest utility vehicle manufacturing firm, MahindraandMahindraLtd, officials said here on Tuesday. The investment has a five-year lock-in period, the company officials said. Mitsubishi bought into Mahindra and MahindraAFP - 64 words
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291 1997-05-15 42 AFX-Asia [HONGKONG] New World Infrastructure Ltd is to finance the acquisition of a 30 per cent stake of Wuhan Airport from its parent company and other new infrastructure projects with the proceeds from its HK2.O billionAFX-Asia - 291 words
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Article1631 1997-05-15 42 CITY FUGHT ETA FLIGHT ETO I—15 2BO MWW WC AMaMo S0230 1830 0F82 2055 No CM MM VN741 1310 S0172 0930 0F81 1930 S0171 1420 S0174 1410 Amsterdam IUJ43 0455 KL838 2300 SO 173 1905 *"740 1410 0125 0655 0126 2355 1,28 I 1 S025 06551,631 words
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Page 27 Advertisements
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Advertisement20 1997-05-15 27 So who's afraid ofSSEX? China attempts to control its national shipping and trading through the Shanghai Shipping Exchange. Page 220 words
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Advertisement12 1997-05-15 27 The Shipshape column has been held over owing to pressure on space12 words
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Advertisement232 1997-05-15 27 5 airlines form major new alliance Lufthansa, United Airlines, Thai Airways, Air Canada and SAS make up Star Alliance. Back Page MM June 1997 JH *7 Oriental Hotel M FV I Singapore 1997's Premier Event For Port Operators, Investors, Transportation Groups, Shipping Lines, Financiers Infrastructure Developers Port of Singapore Authority232 words
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Page 28 Advertisements
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Advertisement784 1997-05-15 28 Vtssa VOT OAK VAN SEA U SM VESSEL VOY XA MM IAM KAI CCX SM NOL RIMY 57W514 21/04 24/04 24/ M 21/04 IS/OS DIXAIMY 131 M/M 27/ M 21/04 02/0S M/M 13/ M maCOM S3WSI7 M/ 04 01/0$ 01/0$ os/0$ 22/ M WISTBUMMUN IX 01/0$ 0«/0$ os/0$ M/M Is/0$784 words
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Advertisement583 1997-05-15 28 Unaa&aatvlcaarapraaantod lw n|#vl ls/K%X\ by Mamba« of tha Ragtatry of (ICDl) Aecradhad Agant. SUUBj«ng«por»Ff^ \sgg/ S port National Shipping Aaaoc Aaaooaoor S f cmd 4 i JgJk trCSjflu W "tor tif EXPORT 3 x Japan •2 x Hongkong -1 x Manila •1 Koodwmg, K—lung (Accepting FCL la BKK/NAHA/SENDAI/CEBU/LCHI Bft g583 words
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Page 29 Advertisements
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Advertisement1030 1997-05-15 29 PACIFIC SOUTH WEST EXPRESS (DWICT) ALSO ACCEPTING MANAUS Ivesa vot m |»n» |»np ux |om I mh> w jgc at hou mm AfIKXfA 01SK OS/OS 07/05 01/85 23/85 27/05 M/ 05 »/05 W/05 29/05 M/ 05 20/05 30/05 yummß QI3I 12/05 14/05 "TS/OS 30/05~ 03/0* 04/00 04/0 M" 05/00 05/001,030 words
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Advertisement2448 1997-05-15 29 HANJIN SHIPPING USA CANADA* |UM HAU/VOT MM ["sM SU \~m TIW TOP oi WT fS Si Ml IWI KR I NTC 00 TVt YYZ I Ttt I TVC IT« H.wnsrowm» "lyoT "Ts/jT m/m ~07/o*~ ~q*7m~ m/m m/m io/m h/m h/m h/m h/m h/m h/m h/m o;/ot n/» ii/m io/t m/m2,448 words
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Advertisement105 1997-05-15 29 ORIENT EXPRESS UNES (U.K.) LIMITED OMLL (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE Vtssn VOY SIWGAfOHI KHMAY VKSfI VOY KXHAY SIMGAPOHI StNAR TQ6A 211 20/05 27/05 SINAR TOBA 210 12/05 20/05 NORDKAP 411 24/05 31/05 NORDKAP 410 16/05 24/05 LEERORT 918 31/05 07/06 LEERORT 917 25/05 31/05 SINAR105 words
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Page 30 Advertisements
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Advertisement1510 1997-05-15 30 rr DSR-SENATOR in Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT Ivor IS! RTM IWV I HAM |HX MT UIA I VESSEL WT LH* HTM MV WjW RJ MIT Ml CHOYAHG CHANCE HfTU »09 IS M IIK 17 1101 II.M 21.M CHolf*l« PMK ££721 20 M22M23 04 21.90 ll*1,510 words
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Advertisement1256 1997-05-15 30 I NOR ASIA VESSEL VOY fSM PKL~| OOA LAS BCL VAL ALO ROT MX ANT FEL LHA NOR SHANGHAI 9711-3 IMB IMS OZW M BN 1W 11IM 14M8 29M8 OMB 1i« OM6 MSCALEXA 9719-3 21/65 21/66 06/06 MM 17M IMB 21M 27M1 2MB 11M MSC CARLA 9720-3 27/66 2MB UDC1,256 words
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Advertisement412 1997-05-15 30 -77- /VOfITRANS CONVENTIONAL SERVICE TO THAILAND AND MAIAYSIA BREAKBUUC, RO/RO AND HEAVYUFT ANY WEIGHT THAI HAG STATUS PRIORITY BERTHS kyt Vww V.O3A lf-21/05 21-W/05 25-21/05 Asa Express V.4IA 034)5/06 06-06/06 12-13/05 09-12/06 Asia Express V.49A 16-18/06 19-19/06 25-26/05 23-25/06 Asii Express V.SOA 29-01/07 02-02/07 07-01/07 05-07/07 BOOKINGS ENQUIRIES: m m412 words
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Page 31 Advertisements
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Advertisement1345 1997-05-15 31 VESSEL VOY SIN POU PKO PCN JKT MA BIK IRAN VAHDAT PJL-1237 24/05/97 23/06/87 22/06/97 02/06/97 iniy yiuim PJL-1228 10/09/97 20/05/97 Iran MObIIN PJL-1240 03/06/97 06/06/97 18/06/97 16/06/87 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES LE. AZARBAUAN ARMENIA, KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN. KIR6ISTAN. TADZHIKISTAN GEORGIA VIA B.1,345 words
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Advertisement1302 1997-05-15 31 SAiUNG TOI UJJU.- 10*® BCACH, SiATTI!, I L cjwiti- imoim J I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TIL- *****00 FAX: *****01 OUTWARD (l/L) *****02 JOHORE OFFICE: I COSTAR SHIPPING PTE LTD #i7-08DKHDG SAUS/MGS 420St4i/43 INWARD DEFT (D/OJ *****85 COSTAR AGENCIES (M) SDN BHD |Ct NO: **********0 M TOWER TWO1,302 words
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Advertisement428 1997-05-15 31 [LJ-, IPF.RK APAT AN DAT ZHUN ff TONG JOO SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 Kw&w+fAsnsT nuuunj f mu*Haomrr urn no cm mmi-mium ~7 WHO ***** IS/OS GUOO 9751 11/ OS GMUAT ASI99 17/05 APPU ***** 17/05 GfTONG 9729428 words
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Page 32 Advertisements
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Advertisement1277 1997-05-15 32 EUWOPEAJKACAMOWtAVIA/HNLANP/RUSttA S6P ROM ANW HBG THP ZEE LMV LH* TOP ROM ANW HM PKL SGP I. RENOWN HWO23 17*8 00*6 11/ M 07*0 00*0 10*0 11M E. GIVEN RE-057 20*4 23AM 72*4 24*4 25*4 20*5 21IM I RESULT RW 013 24*6 13/0* 11/ M 14*0 11/tM 17/ M IB*B E.1,277 words
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Advertisement1069 1997-05-15 32 I WOT msa VOTMI SGf DUB JBA AN DMH UH KWT Ml VtSHL VOTAGf DUI JM AM DMM UN SGf I UMCOHCOO *****37W 72/05 01/04 OIA4 02/04 03/04 M/Ot 02/04 OVOA UNIOUIT 04S? 03SE 04/05 04/05 05/05 04/05 07/05 If/05 I IN COMM *****3W IMS 08/04 01/04 01/U4 10/04 11/041,069 words
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Advertisement473 1997-05-15 32 /CZI NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vtssa vot m no pur err WAWTAIQUEEW m wO5 31/05 04/04 M/M namiai prime oiss 02/06 17/ot ?i/m NAHTAIVBWS m 12/06 ?1/M 7S/P4 fl/Pt NOW 0155 22/04 03/07 Qt/07 12/07 MUMfBIKBS 015S 02/07 17/07 21/07 HAMttl QUEER 0215 12/07 21/07473 words
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Page 33 Advertisements
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Advertisement668 1997-05-15 33 I BSflx warn MYANMA «BBk FIVE STAR UNE (Myoaaor Notional Lino) 1 Loading for Yonjon (Rangoon) VISSII vor MM PKG PEN PGU PMYA 144* SU> PAGAN 144W 23/05 MALAYSIA AGiMTS: IOUSTIAD SHIFTING AGENCIES KUL m 02-03-*****00 PKI: Til 02 03-*****01 rot m 02-04-2****** PGO: TEL 02-07-*****21/4 BANK UNE (A twki668 words
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Advertisement1202 1997-05-15 33 IA HYUNDAI I MERCHANT MARINE CO. lIP. WESTBOUND TO EUROPE BKG: *****32 1 PNA 1 PC POO I «SSfl WT SM I mi WM 1 AMT I MAM 1011 I Fll I 25/04 25/04 26/04 Ml MONNDS 304W 27/04 14/05 15/05 17/05 17/05 17/05 20/05 02/05 02/05 03/05 NtOARON 306W1,202 words
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Advertisement658 1997-05-15 33 FAMOUS CONTAINER LINES 7##— 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 y HOT UNE: *****33 (30 UNES) FAMOUS LOGISTIC (M) SDN. BHD. (Co. no. *****P) NO. 30 LORONG CEMPENING ***** PORT KLANG, SELANGOR DARUL EHSAN MALAYSIA TEL: 603-*****33 (20 LINES) FAX: 603-*****33 (05 LINES) COMPREHENSIVE SAILINGS TO AND FROM PORT KLANG658 words
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Advertisement47 1997-05-15 35 £S/\n w/w «uwm wmn uitiimw w To retrieve more schedules, just follow these simple steps... document 740-6000 ep the port your Step key in the four number XMt digit code Key in your Exampto: fax number To NEW YORK (NYC) 2275 United States for calls within Singapore47 words
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Page 37 Advertisements
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Advertisement429 1997-05-15 37 w##k,y FCL foniflgl Sarvicn to Caribbean Vi hipping A Control Amorka UAURORA H.KUNSAN 705N 145E Port Country 07/05 14/05 hlin City 10/06 17/06 Bridgetown Barbados 13/06 20/06 Carlogana Colombia 12/06 19/06 Cos*i« Si Lucia 12/06 19/06 Fort de Franc# Martinique 13/06 20/06 Fraaport Bahamas 08/06 15/06 Kingston Jamaica 10/06 17/06429 words
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Advertisement1211 1997-05-15 37 ADVANCE CONTAINER LINES (PTE) LTD A I 140 CacU Street #12-00, PIL Building, Singapore *****0 lAI m I TEL: *****21. FAX *****19, TELEX :RS ***** ACLPL CR NO. **********06 I BANGKOK I JAKAWA 1 (5 SatMnguWMk to PAT, 3 SaMnpft HUT. 2 SMHnpto LCH) (4 S»IM»»»/W»a*) II ZfiMOßpeUMAlffl p- VOY1,211 words
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Advertisement847 1997-05-15 37 VESSELS VOV MN JED I PSO leh ham rtm thp anr VM-LE D 1 AQUARIUS ÜBOW 20*06 «W 31/D6 OXO6 gg 12/06 tag» 14/06 VXEO-ACMLA A2OW 20*06 04/06 06/06 15*06 18*06 IS/06 WW 20*06 VtXEOECARUA C2OW gg 11/06 13AM 22*06 23*06 25/06 26/06 27/06 \«-LE DE SAOTTTA S2QW 08X16 16*06847 words
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Advertisement1747 1997-05-15 38 £gZ PUL INTERNATIONAL UNE pul international BAMQKOK FT KBLAHQ VESSEL VOY SIN BKK VESSEL VOY SIN PKL na.l>*i. XETHA BHUM 201N Thu In Pt Sun 18/06 BUNOA SEROJA 7108 Thu In Pt Fri 18/06 I mummuTci) 4siasm 1 NANTA BHUM 345N Sat 17/05 Tua 20/06 JARU BHUM 7339 Sat 17/061,747 words
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Advertisement587 1997-05-15 38 /ICCORD j A SHIPWHO PTE LTD Tit: ***** M (40 Unee) FAX t MJJJ4* KmUAMG (03) M 7 IMt K m DWICT ACCISS m *****57 (tXPOTT IOOKINO) MfItMMM (0/JJJMJ77 MJMI7 (EXPOftT DOC), *****64 (IMPORT) PCN/MG (04)W144S UKL:KTTP:/ZWWWJkCCOCD.COM.SO JAKAtJA (it) A400T70 potr ita sin pout ha sin pot ita sin pot587 words
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Page 39 Advertisements
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Advertisement752 1997-05-15 39 OSINO EXPRESS SHIPPING 11 COLLYER QUAY #06-01 THE ARCADE iSINOTRANSI S (*****7). TEL: *****90 FAX: *****98 VAIXUT^ TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SIN ETAHKG I ETASHA I G. LUCK 9712 16/05 21/05 25/06 0. GLORY 9714 23/05 28/05 01/06 G. WELL 9714 30/05 04/06 08/06752 words
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Advertisement420 1997-05-15 39 am MAfi-NELS S PORE M'SIA fffTTsJ Carrier: MN CONTR LINES, INC Ss^Y^w3tSo P. KILANQ: (08) 3<62t77 JtCft (gl) *****07 MOW: 01) M«CO y KX PORT KELANG TO HONGKONG MV "GLORIA I V. 719N ETAPKG 18-5-97 BKO CALL: HISW/ VIVIIN/ CHMAYL Til (03)*****77 apeuupi/sydney/melbourne] aucklanp MV "BYRON RAY" VOSS MV "WW420 words
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Advertisement187 1997-05-15 39 ■pan FORTUNE mpt 22/05 RdnVAtw/BrrWUK/Nari I ■dENBULK 10/06 RdnVAtWUK/Nari I ■SAMMI FORTUNE 15/06 25/06 RdnVArwAJK/Nar I Loads E7W Malaysia Indonesia 1 ■z. KAPTANOGLU Hodewiah/JeddarVAqaba/Egypt I ■SEA RENOWN Hodetdah/JeddafVAqaba/Egypt U. ■EVA MARIA Dubai/Doha/Bahratn/Damman/Kuwait ■amilla Oubai/Damman/Bahrain/Kuwait I ■a KI ran Dubai/Damman/Bah rain/Kuwait I J tot* Singapore, E7W. Matayma. Indonesia I I Loading187 words
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Page 40 Advertisements
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Advertisement407 1997-05-15 40 Shipping Times -"3USINESSCENTRE Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. To receive information from advertiser of your choice listed on this page, simply follow the 4 easy steps below. Call 740-6000 Press T& key in Document Code Key in your fax407 words
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Advertisement318 1997-05-15 40 Malawi So I o Products Services Turnkey Factory Automation System Automated Storage and Retrieval System Automated Guided Vehicle System (AGV) Racking Shelving System imnl IK Multi-storey warehouse: Tuas Avenu 13 10,000 square metres currently available (1,800 to 2,000 square metres per floor) k o Close to PIE/AYE/KJE Second Link to318 words
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Page 41 Miscellaneous
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Miscellaneous131 1997-05-15 41 r LEGEND R Thunderstorm Tempecoture c A\> V Shower Weother Wind direction with speed in knots Roin w Cloudy Sky W v Suffoc* wind* ore indicated by orrows wkidi Hy with the wind \Zs O"* W circle represents calm or light ond variable wmds 1 One haW Heche represents 5131 words
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