The Business Times, 18 September 1997

Total Pages: 43
1 43 The Business Times
  • 13 1 THE BUSINESS TIMES MITA (P) 023/12/96 85C SI.NGAPORE Internet http://www.asial.com.sg/biztimes THURSDAY, SEPTEMBER 18,1997
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  • 602 1  -  SES informed of disputed account by BHB-Cathay From] Eddie Toh in Kuala Lumpur PROMINENT Malaysian businessman Teong Teck Leng of listed Kuala Lumpur Industries Holdings (KLIH) is embroiled in a dispute with a Sin-gapore-based stockbroking firm over contra losses. RHB-Cathay Securities informed the
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  • 366 1  -  By Audrey Tan [SINGAPORE] Two of Singapore's largest investors in Vietnam Asia Pacific Breweries (APB) and the Vietnam Singapore Industrial Park (VSIP) will be spared the tightened foreign exchange controls expected next year. But other Singapore firms get little relief from a list
    366 words
  • 310 1  -  Wall Street rally overshadowed fay pressure on currencies By\ R Sivanithy (SINGAPORE) Renewed pressure on regional currencies yesterday overshadowed any positive spillover from Wall Street's 2.3 per cent rally on Tuesday, with regional stock prices slumping by about 2 per cent. The Malaysian ringgit and
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  • 565 1 Thau rate dashed by 4 points, others cnt by 1-L5 points Bloomberg [HONGKONG] The International Monetary Fund, has cut its growth forecasts for Southeast Asia, delivering a bleak assessment of the damage caused by months of turmoil in regional currency markets. Saying the
    Bloomberg; Source:  -  565 words
  • 46 1 [SINGAPORE] The Singapore Designers/ Labels Shows kkked off yesterday at btiex "97, the textile, trim and ready-to-wear exhibition. Featuring the best works from 18 local designers, the shows are scheduled to run thrice daify today and tomorrow at Suntec City. CHRIS LOH
    CHRIS LOH  -  46 words
  • Page 1 Advertisements
    • 61 1 »£SS~— Cycie 4 Carriage Ltd has agraod to MB a 33% stake in Cold Storage (Malaysia) to BXOOptez myj srsrsr Malaysian brokerage to aaO the remaining 11.3%, A poor shipping market wil weigh on shipping poaitivefanpaetofaweak hHR ffljlrot II talnta bast beta fer prcpm ty jpurtorn may hotd prapwttot. P|l
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    • 12 1 Ringgtt past 3,00 against US dollar, Pg 8 Market reports, Pgs 23-28
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    • 94 1 t-) i. A i y j i r S The Maubouuin Jewellery Chronograph watch 18K white gold with crocodile strap (VI^UBOUSSINJ since i H2j EXCLUSIVELY AVAILABLE AT: ROY EASTERN WATCH #01-86/88 #01-74 Lucky Plaza 304 Orchard Road Singapore ***** V Tel: (65) 734 3139 A (65) 734 1935 DELUXE EASTERN
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    • 7 1 Wbtll inw—iln wrtlirtu More reports, Pg 11
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  • SINGAPORE AT HOME & ABROAD
    • 410 2  -  Annnal fee to drop to 1* of operators' annnal turnover from April 1,2000 By David Boey MOBILE phone and paging service operators will pay lower annual licence fees pegged at one per cent of their annual gross turnover as of April 1, 2000,
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    • 299 2  -  By\ Soh Tiang Keng [SINGAPORE] Eagle Star Reinsurance, Britain's largest non-life reinsurer in terms of net assets, yesterday opened its Asian regional office here as part of its global expansion push. The Singapore office the firm's first branch in Asia will
      299 words
    • 283 2  -  Standard factories op 5.3%; flatted ones up 6.4%, says JTC By< Carol Eng DEMAND for all types of Jurong Town Corporation (JTC)'s factories held firm in the second quarter, despite higher termination levels for flatted factories and industrial land compared with
      283 words
    • 273 2  -  EYE ON THE ECONOMY Finance By Audrey Tan EVEN as economists the region over are gauging the impact of the currency turmoil, ÜBS Global Research says Singapore's growth prospects are virtually unaffected by the crisis. "While the turmoil is forcing Asean countries to rein
      Source: UBS Global Research  -  273 words
    • 130 2 AFP [WASHINGTON] Singapore plans to establish a detachment at a US air base in Kansas next year to train crews for four KC-135R air refuelling aircraft, the US Air Force said yesterday. About 80 members of the Singapore air force and con-
      AFP  -  130 words
    • NEWS Roundup
      • 30 3 during the traditionally quiet Hunpy Ghost** month of Aujast, compared wlththosmopertodtootrear.lt reported tuioood tiwuwimmi ■iitliofi*u>«ij hinsa< Until, fIM 56 mffikwaMM* than in Aagusfim
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      • 45 3 Ulilfili I n i i, i ftain i Itkiigtan flkrsM UNpnurV Ml wimwl IVH M»1 Chew as its chtofexecutive officer. A fbrmer SAP scholar, the 4&-year-old Mr Tan became Fair Price's acting CEO in July after Lira Ho Seng quit
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      • 47 3 $3 US-based AM Pappas&Associates (AMP6A) to commercialise the university's reeearch on life sciences and rotated technologies worldwide. A memorandum of understanding will be signed to this effect next Tueeday betwesnhOJS'lndustry and Technology Relations Office .and AMPfcA, an international lifMetoooevsntun development company.
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      • 59 3 FROM today, train and bus commuters will be afctotobuy Transitl ink fereeardsat any time of the day. More than 7-Eleven outlets acroee the island win now sell the adult ferecards. Theee will complement the existing 51 ticket. sales offices and 71 automatic vending machines commuters can
        59 words
    • 472 3  -  Jakarta's latest cutbacks won't affect oroiectsavs It Sembawang chairman By] Ronnie Lim A SINGAPORE consortium led by Sembawang Corp is "on track" to reaching a final agreement with Indonesia before the year-end to buy natural gas from West Natuna. The project is
      472 words
    • 414 3  -  By Ronnie Lim JAPAN'S Asahi Chemical, a latecomer to Singapore, is making up for lost time. With growing regional demand for its products, it broke ground yesterday for its first US$5O million (Ss76 million) plant, with plans for another US$l5O million or
      414 words
    • 315 3  -  By\ Soh Tiang Keng SINGAPORE'S reinsurance brokers are poised to play a bigger role in enhancing the Republic's status as the region's reinsurance hub. The newly elected chair' man of the two-year-old Reinsurance Brokers' Association (Singapore), Wee Choo Neo, said that
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  • Page 2 Advertisements
    • 530 2 A DIRECTOR'S APPROACH TO FINANCIAL ANALYSIS AND ACCOUNTING 16 17 September [1997 y To truly understand the elements of business direction and be able to react and initiate key questions at board meetings, directors need to grasp the elements and concepts of financial statements and how changes in financial statements
      530 words
    • 42 2 gipsa jesses ttreftk the ice with a conversation I I piece from Sunday Gallery J a Sunday Classified special fc on antiques, collectors' W 5 Q items, and arts crafts \<***\ PUTS AN END TO PROBLEMS CREATEDB EY MOTOR AN RLTER AIR,puRIFIERS I
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  • Page 3 Advertisements
    • 141 3 0! MIKIMOTO The Originator of Cultured Pearls Since 1893 Singapore *****9 Your Sunday reading is not complete without fai "Wem. Check it out in Sunday Classified this weekend. SMPA/ mßSOsmmmam |CATJL| business decisions THE NEW QH MS. It understands that yon have a lot on your mind. Tkat yon have
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  • FOCUS: PROPERTY
    • 436 4  -  New projects expected to be launched before year-end will add 1,300 units By\ Diana Oon [SINGAPORE] AS DEVELOPERS start to launch projects after the traditionally quiet Hungry Ghost Month, property observers expect a good part of the housing supply for the rest of
      436 words
    • 581 4  -  Land that once housed 300 cattle being transformed intoNZssoom seaside community By< Catherine Ong [SINGAPORE] A coastal playground of leisure and natural beauty, framed by the sparkling waters of the Hauraki Gulf, the publicity brochure gushes. Gulf Harbour, a mega-buck residential and recreational project in
      581 words
    • 1107 4 Property transactions for districts 15 and 16 (sectors 42 to 45 and 46to 48) lodged between Aug 4 Wand Sept 13 "97. PROJECT NAME/ PROP CONTRACT TENURE BUIT-W/ PRICE PSf STREET NAME TYPE DATE LAND AREA* (SOFT) (SSXJOO) fSS) District 15 Non-Landed Ambervie Apt. 25/0097 99 T722 775
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    • 976 6  -  More investors are turning to the city's office properties as prospects for growth brighten By, Jenny Lam [SINGAPORE] LONDON is increasingly drawing not only tourists but also international property investors. Over the past couple of years, investors, including Singaporeans, have snapped up residential and hotel properties.
      Source: Knight Frank  -  976 words
    • 480 6 Banks seen poshing borrowers to sell, bat bearish period likely to be short-lived AFP (SINGAPORE) South-east Asia's largely overheated property markets, a key source of the present financial turmoif in the region, have not bottomed out yet with banks expected to push their
      AFP  -  480 words
  • Page 4 Advertisements
    • 272 4 Building mtiiTi i r i 1 —PHHI BBj^ Brand new modern 7-storey industrial building Strategically located near Paya Lebar MRT Station High specifications with extra-high 6-m ceiling Separate lobbies for 4 cargo 3 passenger lifts 24-hour security Available space from I0,000ft to 62,000ft 2 Top expected in September 97 For
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    • 109 4 Three Freehold Residential Development Sites For Sale By Tender 'T* VFt Parbury Avenue Seletar Close Rambai Road Mukim 27 Lots 1832 1833 Mukim 18 Lot 251 Mukim 26 Lots 2023 2025 Approx. 61,240 sq ft Approx. 157,362 sq ft Approx. 15,770 sq ft Development Potential: Development Potential: Development Potential: 3-storey
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  • Page 5 Advertisements
    • 51 5 Taiga leather. For Men. B M BBk. HBi nil i if, itiaMflMiiittiaMhi i ill Louis Vuitton luggage and accessories are sold only in exclusive Louis Vuitton shops: Singapore, Raffles Hotel Arcade. Tel. *****76 I 111 111 IV. Hilton Hotel Shopping Arcade. Tel. *****20 yf 111 I^l Ngee Ann City. Tel.
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  • Page 6 Advertisements
    • 27 6 PALACE CENTRR I II I <»l K<ll M <_> tf -'rl 11, i I \n i (111\ < •< I' ■■hh 11' »< |< |> hu I iI I s( 11 I jri^^vjW
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    • 241 6 I NEW SHOWROOM WAREHOUSE FOB SOLE R Hh Showroom units from 1604 sq ft upwards. Warehouse units from 1539 sq ft upwards. Convenient to all parts of Singapore via SLE/CTE/TPE/BKE PIE. Near Yio Chu Kang MRT Station. An excellent opportunity to own an appreciating asset. Sales Enquiries KMiIIaVM Qm Siang
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  • Page 7 Advertisements

  • REGION
    • 410 8  -  JAKARTA By\ S N Vasuki A SENIOR official of the International Monetary Fund (IMF) yesterday praised Indonesia for taking "decisive" steps in dealing with the currency crisis. IMF deputy managing director Stanley Fischer, however, urged Indonesia to take further measures
      410 words
    • 424 8  -  SINGAPORE US investment banks operating ont of HE said to be behind selling pressure By] Larry Wee [SINGAPORE] The Malaysian ringgit continued to decline yesterday, breaking the 3.00 mark against the greenback to close Asian trading at the session's low of 3.0240. Levels
      Source: Dow Jones  -  424 words
    • 285 8 BANGKOK AFP TOP credit rating agency Standard and Poor's downgraded Thailand's biggest commercial bank and six other institutions yesterday in another blow to the country's beleaguered financial sector. The move by the New Yorkbased agency came as Bangkok accepted the International Monetary
      AFP  -  285 words
    • 323 8 MANILA AFP A CONSUMER electronics firm which ventured into the depressed Philippine property sector said yesterday it was seeking a moratorium with a group of creditor banks covering 2.06 billion pesos (Ss94 million) in debt. News on the cash flow problems of the Eyco Group
      AFP  -  323 words
    • 283 8 KUALA LUMPUR Up to 2m may have to be moved if index hits emergency levels govt AFP UP to two million people in Kuala Lumpur may have to be evacuated if air pollution in the capital reaches emergency levels, a minister said
      AFP  -  283 words
    • 409 8 KUALA LUMPUR Khazanah says it accepted bids at an average of M 579.44 at auction Reuter MALAYSIA'S state investment arm Khazanah Holdings priced the country's first benchmark bond yesterday at the high end of market expectations and the issue rose in
      Reuter  -  409 words
    • 151 8 KUALA LUMPUR Reuter THE Bakun dam's operating company said it was releasing all 54 underwriters of the hydroelectric project from their contractual obligations due to the project's postponement. "We wish to notify you that we have decided to release all the underwriters from their respective
      Reuter  -  151 words
    • 251 8 BANGKOK Reuter THAILAND'S National Housing Authority said yesterday it would resubmit for cabinet approval next week its plan to launch a 30 billion baht (511.22 billion) rescue fUnd for the battered property sector. NHA assistant governor Damri Thiensiripipat said he was confident the plan
      Reuter  -  251 words
    • 242 10 SYDNEY Reuter AUSTRALIAN high-tech firm Coms2l Ltd announced yesterday a deal it said could be worth over Asl.s billion (Ssl.6 billion) to make smart cards for China's largest life insurer and its 242 million policyholders. The deal is to supply smart cards
      Reuter  -  242 words
    • 474 10  -  ibth oommrnsT party comgkbss Waivers granted to five projects worth USssoom since decision in Angnst Reports from Lu Ning in Beijing THE State Council, China's cabinet, has decided to continue granting duty-free privileges to high-tech investment projects for their equipment imports in the
      474 words
    • 373 10 Hostile foreign foxes involved in Xinjiang bombings in Feb, say officials SENIOR Chinese officials confirmed yesterday that nine people were killed and 57 wounded in the bus explosion set off by ethnic separatists last February in Urumchi, provincial capital of Xinjiang. Wang Lequan, party secretary of
      373 words
    • 239 10 TOKYO Bloomberg TOKYO prosecutors arrested two current and three former Yamaichi Securities Co executives in a widening scandal over illegal payoffs to a corporate racketeer. About 100 prosecutors also raided the headquarters of Yamaichi, Japan's fourth-largest brokerage, for a second time over alleged payments
      Bloomberg; AFP  -  239 words
    • 334 10 NEW DELHI Package includes jump in import tariffs and en t in federal spending Reuter INDIA'S government, clearly alarmed by a fiscal deficit that was threatening to soar out of control, moved on Tuesday to boost revenues with a host of
      Reuter  -  334 words
    • 287 10  -  SYDNEY Insurer Colonial sets np US$l OOm fond to help secure licence By\ Surinder Singh AUSTRALIAN insurance'giant Colonial Ltd and Melbourne's Crown Casino are both looking to China for more business. Colonial, looking to secure a China insurance licence, has set up
      287 words
    • 595 10  -  CHDVAWATCH Six firms are spearheading the drive to create China's first SOfCs By Loh Hui Yin AMID the media spotlight on the 15th Chinese Communist Party Congress and its pronouncement on how to deal with ailing state enterprises, a little-noticed strategy is being shaped on a
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  • Page 8 Advertisements
    • 183 8 Politicians muat share flak for region 's woes, Pg 13 The Jaguar Golf Marathon '97 B3BBllCTfflMwßlw^roilmi^^mHM VHHBHVVMBBVP'VPHPVMHBHHMHiHHHIMiMR^^H I A A B reed the Jaguar Golf Marathon on November 4th at the Orchid Country Club is going to be tough. After all, you'll be playing 54 holes in just one day.
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    • 21 8 EU ministers to press Asia on financial services, Pg 12 Japan seen to be worst hit by Asia slowdown, Pg 12
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  • Page 9 Advertisements
    • 90 9 I ifll A v ?Xt?*y~* *-> y s Xsi BEB ?VBaßr f fi 1 r v Va J '"lP^im^HH^^^^^^BHßßPf^^P^''' pjljp* v 4 BBHBp r" > '15"fr"JK/juFl city beginß > \ir| jßw~ PK«cPto•■ p ami Sir* ■'SSSl ShoH,#, 2!£«iu«« Ssf •7 3 CIwImI,. Jfc < DKNY *-n»n« wenuei ungwo MyM GianniVAtrsac*
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  • Page 10 Advertisements
    • 240 10 HIRIS LIKE IN HIM Will naons 9HBBB DBS Factors Asset Based Financing Lets you take advantage of your company's current assets to finance future growth. With Asset Based Financing, you can: Get more cash as your business grows Obtain Letters of Credit Trust Receipt facilities that grow with sales Enjoy
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  • IMF WORLD ECONOMIC OUTLOOK
    • 335 11 AFX-Asia [HONGKONG] The US will likely have to raise interest rates further in the next six months to avoid overheating in the economy, the International Monetary Fund said. "The Federal Reserve has tightened monetary policy moderately, but the continued
      AFX-Asia  -  335 words
    • 103 11 [HONGKONG] Hongkong leader Tung Chee-hwa talking to former US Secretary of State George Shultzyesterday at the sixth annual World Economic Development Congress being held here. In a keynote address during the congress, Mr Tung told business figures that Beijing had no expansionist aims and its military
      REUTER  -  103 words
    • 409 11 It offers great networking opportunities witn 16,000 people involved Bloomberg [HONGKONG] The annual meeting of the International ■Monetary Fund and World Bank has become the Cannes Film Festival of international finance. This week, more than 16,000 finance ministers, delegates, civil servants, bankers and
      Bloomberg  -  409 words
    • 465 11 European govts criticised for not catting rates faster Bloomberg [WASHINGTON] Exchange rates for the world's major currencies, including the US dollar, yen and Deutschemark, are about where they should be, the International Monetary Fund said in its annual World Economic Outlook,
      Bloomberg  -  465 words
    • 252 11 [HONGKONG) Japan's economy is expected to be hurt by the impact on exports of the slowdown in Thailand and elsewhere in South-east Asia and by weak domestic demand, but it should be on the recovery track in 1998, the International Monetary Fund
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    • 385 11 Global output expected to rise AM this year, £3% in 1996 Reuter [HONGKONG] The world economy, already growing at its fastest pace for a decade, will keep expanding into the next century amid few signs of tension or imbalances, the International Monetary Fund said yesterday.
      Reuter  -  385 words
  • Page 11 Advertisements
    • 118 11 Law Serve 2nd Annual Legal Support Services Exhibition and Seminars Registration form: Yes! I would like to attend the Law Serve '97 Exhibition Locate Name its owner Law Serve '97 Posit,on through Firm Classification Address 821 (Found). Tcl Fax Simply C.A.T.S. 1 wish to attend the following LAWSERVE '97 seminar
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    • 354 11 Japan seen as worst hit by Asia slowdown, Pg 12 In land scarce Singapore, the availability of space for starting up or expanding your business is a major concern. At the current rate of usage, our industrial land supply will dry up by the year 2035. What is the outlook
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  • THE WORLD
    • 385 12  -  LONDON CHris utikdy U dip o*wtkiiUS fiUfipe, s&ysßSWreptrt By] Neil Behrmann ANY Asian economic slowdown will have a far greater impact on Japan and the US than European economies. According to a study by BZW Securities, a unit of Barclays Bank, only
      Source: BZW Research  -  385 words
    • 78 12 [BONN] Finance Minister Theo Waigel pointing at the German national Euro coins at a presentation here yesterday. Germany's national Euro coins will show from (Itft to right): a leqf which will go on the rear of the one, two and three Euro cent coins, Berlin's Brandenburg
      REUTER  -  78 words
    • 366 12 BRUSSELS Fmaarialtarmailßot a reason to shy away: Leon Brittan Bloomberg EUROPEAN finance ministers will press Asian governments to come to the table in the global flnanc ial-services talks, calling open markets the best way to prevent financial instability. Finance ministers of the
      Bloomberg  -  366 words
    • 392 12  -  ■SEATTLE By Leon Hadar THE first Asian American governor elected on the US mainland is planning to visit his ancestral village in Guangdong, China, during a major trip to Asia next month. Governor Gary Locke of Washington, who has emerged as a
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  • Page 12 Advertisements
    • 177 12 r i BEHIND THE BEST FOREIGN BANK IN Singapore IS THE BEST BANK IN THE world. When you open the door to Hongkongßank in Singapore, you not only access a comprehensive range of services for both corporate and personal banking, you also access the international network of the HSBC Group,
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  • EDITORIAL & OPINION
    • 600 13  -  THE BOTTOM UMB OPINION By Al Labita The writer is BT's Manila correspondent. He is a practising Roman Catholic WHEN Filipino Catholics attend mass these days, what do they hear? Antigovernment sermons. More accurately, anti-President Ramos sermons. Some sermons are so rabid that people walk
      600 words
    • 125 13 'I am no saint but I have done nothing criminal.' -Benazir Bhutto former Pakistani Prime Minister. 'We do not want a situation where only the little fish are caught while the shark's activities continue to be rampant' Mohamad NaariAhinl Asa Malaysian politician on the new provisions of
      125 words
    • 616 13 EDITORIAL THE announcement by Chinese President Jiang Zemin of the impending overhaul of China's stateowned enterprises (SOEs) could turn out to be the most far-reaching economic policy announcement since the late DengXiaoping's launch of economic reforms in 1978. In his keynote address last week to the
      616 words
    • 739 13  -  Lack of will to tackle potential problems head-on was main cause of current currency crisis By< Chin Hwee The writer is a fund manager based in Singapore THE recent attack on Asian currencies had politicians pointing accusing fingers every which way at hedge
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    • 918 13 Nlnblo Jakarta wins tho day THE Indonesian government deserves high commendation for immediately delivering some of the drastic measures it promised early this month to cope with the currency turmoil and its far-reaching implications. Minister of Finance Mar'ie Muhammad told the plenary session of the House
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  • Page 13 Miscellaneous

  • EXECUTIVE LIFESTYLE
    • 1417 14  - Frankfurt show a motoring pilgrim's dream Small models take centrestage at this year's show from Sept 11-21, which has 'Car the link' as its theme, chrzhtopbsktast reports CHRISTOPHER TAN GERMANY'S first International Motor Show (Internationale AutomobilAusstellung or lAA) was held in a hotel lobby and featured a grand total of
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    • 598 14 lit—MATiw-M stands out as the mast fatoristic concept with avant-garde featnres THERE were of course others which were not so small that had their share of the limelight on press day. These included Porsche's first new 911 in three decades, the striking
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  • Page 14 Advertisements
    • 55 14 SALUT Restaurant Wine Bar Ist Anniversary Cuisine' Celebration 6Vk/9 5-Course Special Set Dinner menu at $99.00+++* or a choice of a (a carte. GWxie) Door gifts for dine-in guests only on 17tifi September 1997. Only From 1 7th 24th September 1997. To place reservations, request for our set dinner menu
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  • Page 15 Advertisements
    • 279 15 Where to wine, dine and entertain... SH sssa ■HHn! HHmlj kttp://www.ana- lotels com j seafood either. Visit our home page and you can I dinner from our cyber selection. Browse the menu, leave us your order and it'll be ready to ficlt up before you can say 'information superhighway', call
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    • 176 15 Introduces The Freshest, Tastiest Abalone 1 -31 AUGUST Skilfully prepared by our Hong Kong Master Chef, you will love this nutrient-rich shellfish delicacy featuring: Freak Tatuuudan Greenlip Abalone Steamed (12 head Qualitg) Whole Australian Dried Abalone Braiaed (1 head Qualitg) Freeh Australian Abalone Whole Abalene In Superior Saaee Prices start
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    • 192 15 best cutch innwnM h greatest variety of seafood, and the juiciest sizzling steaks by a relaxing poolside setting. -—Palm Terrace Open daily for all-day dining, alfresco style with an exotic Balinese setting. I For reservations, please call 731 7990. S3 tOYAI CROWNE PLAZA" >iNt»on 25 Seta, R*U Simgtpn *****0 Tti
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    • 77 15 ffIQB^HI^S .^hsu, i 1 ™TGsr^ 24-hour Coffee House l*t floor The Chicken Rice Capital Of The World ,«—>»* ffi N^yrr 333 < )rt h.H.I Roail Singapore 23KSh~ Tel "3" JJ I I I ►The new Phoenix Garden Cafe is now open Right in the heart of Orchard Road Popular Buffet
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  • Page 15 Miscellaneous
    • 784 15 TV&RAPIO Wmtmml* Breath. nese Drama). i. ITL,. IXIB AM Savannah. IL3O TV Innovations. ™TV Innovations. LOB Lexx Giga Shadow (Pt L3O AM Close. 2.30 The Winners. 2 FT J 1 Money-Money-Money. L 55 Capital City. Vfl Mk A I j !nl, 5' r) X4S Rewind 12.00 NN Berita Jam 12.
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    • 269 15 CBYPTIC CROSSWORD lam 7 Punish of Seven Dwarfs for being careless (4,5) 8 Study the art of beer drinking? I 1 I i I I 10 The pineapple, long fruit with MLJBL the top removed (6) |10 I 11 Are changing part, part of the 12 Evil article on a
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  • Page 16 Advertisements
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  • COMPANIES & MARKETS
    • 693 17  -  In restructuring exercise, firm also consolidates property interests in lTsia By< Christopher Tan [SINGAPORE] In one deft stroke, diversified Cycle Carriage Ltd (CCL) has sold a lacklustre business, boosted its liquidity, and consolidated its property interests in Malaysia. The group has agreed
      693 words
    • 156 17 [SINGAPORE] Keppel Fels has won a contract from Santa Fe International Corp said to be worth over US$l5O million (Ss22B million). The contract is for a uni-verse-class jackup rig named Galaxy 111, which will be similar to Sante Fe's Galaxy I and n,
      156 words
    • 198 17 Reuter [SINGAPORE] The share price of Chinese drug company Tianjin Zhongxin plunged about 26 per cent in heavy volume yesterday after the company reported weak interim results and forecast a poorer second half year. The stock closed 31.5 US cents down to 91.5 US cents. Volume
      Reuter  -  198 words
    • 741 17  -  HOCK LOCK SIEW R Sivanithy IN THE past two weeks, two Malaysian firms EON and Lion Land have announced their intention to participate in the Kuala Lumpur Stock Exchange's latest move to allow companies to buy back their own shares.
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    • 452 17  -  Associates boost interim results with $&8m contribution By Lee Han Shih [SINGAPORE] Takeover target Parkway Holdings yesterday turned in a set of flat operating results, with earnings boosted by higher contribution from associates. For the first six months this year, the healthcare-to-property group registered
      452 words
    • 303 17  -  Consider group profit rather than loss at company level, it says By Ven Sreenivasan [SINGAPORE) NgTeng Fong's Orchard Parade Holdings Ltd is planning to lodge an appeal to the CPF Board over the removal of its shares from the CPF trustee
      303 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • 480 18  -  By\ Lee Han Shih [SINGAPORE] Demand for the top end of private housing should pick up in the medium term as a result of the government's policy to bring in more foreign talent, Wing Tai chairman Cheng Wai Keung said yesterday. In
        FILE PICTURE  -  480 words
      • 168 18 Reuter [KUALA LUMPUR] Malaysian oil palm and property firm Golden Hope Plantations Bhd said yesterday it would not immediately feel the impact of a weaker ringgit. "We sell most of our CPO (crude palm oil) to local refineries, and we sell this in
        Reuter  -  168 words
      • CORPORATE Results
        • 191 18 [SINGAPORE] Hotel Negara yesterday reported a loss of $962,000 for the six months ended June 30, despite a 53 per cent jump in turnover to 16.7 million. Loss per share was 6.41 cents and net tangible asset backing per share is $2.63. The company said
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        • 93 18 earnings ofji .84 million for the half year ended 30 June, x down 1.1 per cent from the year before. This was despite a 31 per cent jump In turnover to $26.6 million. Earnings per share was 1 cent, while net tangible asset backing per share
          93 words
        • 58 18 [SINGAPORE] Ossia International reported a 12.6 per cent rise in earnings to $3.64 million for the half year ended June 30. Turnover growth was flat, at 3.1 per cent to $49.64 million. Earnings per share came to 1.86 cents. Net tangible asset backing per share
          58 words
        • 96 18 [SINGAPORE] Wassail Asia Pacific recorded a group net loss of $281,000 for the half year ended June 30, compared with earnings of $106,000 a year ago. Turnover was down marginally to $17.74 million. Loss per share came to half a cent, against earnings per share
          96 words
        • 83 18 [SINGAPORE] China start-up costs made a dent in Chuan Soon Huat Industrial's earnings for the interim period ended June 30. Net profit fell 18.7 per cent to $131 million while turnover improved 3.4 per cent to $20.06 million. The recently-listed company blamed its weaker
          83 words
      • 584 18  -  Positive impact of weaker Sing dollar on bottom lines unlikely to last By\ Rahita Elias [SINGAPORE] The listed shipping groups will remain generally unattractive as the positive impact of a weakened local dollar on their bottom lines is muted by a poor
        584 words
      • 337 18  -  RAID ON SUMMIT By Annette Pau [SINGAPORE] Prosecution lawyers yesterday accused the management of compact disc maker SM Summit Holdings of "not being candid" before the High Court, citing inconsistencies in statements by executives. They also produced signed invoices and delivery orders from Summit
        337 words
      • 123 18 AFX Asia [KUALA LUMPUR] Transwater Corp Bhd made a "nominal profit" of M 527.6 million (5113.9 million) from the sale of its stake in Prime Utilities Bhd, which manages Malaysia's sewerage systems through wholly-owned unit Indah Water (Consortium Sdn Bhd. The company sold the stake to Idris
        AFX Asia  -  123 words
      • COMPANY Briefs
        • 50 18 [SINGAPORE] Pan Pacific has sold its wholly-owned book retailing subsidiary, Pacific Book Centre (S) Pte Ltd (PBC), to Anthonian Pte Ltd for $500,000. The price is a premium of $130,000 over PBC's adjusted net tangible assets. PBC will make an extraordinary gain of $900,000.
          50 words
        • 66 18 AFX-Asia [SINGAPORE] Sime Singapore's wholly-owned subsidiary Amston Properties has agreed to buy a 3,013 sq m site for $28 million. The property at Gilstead Road was bought with outline planning permission for development into residential apartments up to four storeys high with
          AFX-Asia  -  66 words
        • 44 18 [SINGAPORE] Nat Steel Chemicals, through its subsidiary Limetreat Trading Co Sdn Bhd, has bought a 70 per cent stake in Kuari Atrah Sdn Bhd for $3.2 million. Nat Steel Chemicals is a subsidiary of mainboard-listed Nat Steel Ltd.
          44 words
        • 39 18 [SINGAPORE] Hotel Grand Central's New Zealand subsidiary, Grand Central NZ, is selling a property in the capital, Wellington, to Mayne Corp—soon to list on the New Zealand Stock Exchange—for NZ$7.4 million (Ss7.l million).
          39 words
      • 606 18  -  LETTBR TO THE EDITOR Badariah Ismail Manager Corporate Affairs Unit Securities Commission Kuala Lumpur WE REFER to the article "MRCB to appeal for exemption from NSTP, TV3 general offer" (BT, Sept 16) and we wish to correct certain statements in the report on MRCB's announcement
        606 words
    • INTERNATIONAL COMPANIES
      • 494 20 Their tie-up will build on MJJ Music, a label created by Jackson and Sony Music Reuter, Bloomberg [LOS ANGELES] The "King of Pop" is expanding his empire with some help from a billionaire Saudi prince. Singer Michael Jackson, Sony Music
        Reuter,; Bloomberg; FILE PHOTO  -  494 words
      • 291 20 Tn..iLl.i a- i 1lrouoieG comic dook bankruptcy case Reuter [WILMINGTON, Delaware] Troubled comic book publisher Marvel agreed to pay creditors US$3B5 million (*****.7 million) in cash and make other payments to settle its bankruptcy case, a lawyer involved in the proceedings said on Tuesday.
        Reuter  -  291 words
      • 403 20 Bloomberg, Reuter [ROCHESTER, New York] Eastman Kodak Co said on Tuesday that third-quarter earnings may drop by half because of price cuts and bigger losses in its digital-imaging business, creating the worst crisis in chairman George Fisher's four-year tenure. Another photography
        Bloomberg,; Reuter  -  403 words
      • 365 20 Strong revenue from software consulting helps boost earnings Reuter (REDWOOD SHORES, California] Oracle Corp, the secondlargest software company after Microsoft Corp, said on Tuesday its first-quarter profits rose 33 per cent, about as much as Wall Street expected, on strong increases from
        Reuter  -  365 words
    • FINANCE & COMMODITIES
      • 475 21  -  Top Enroyen contract affected; fewer Simex members seen to be profitable this year n,,\ Siow Li Sen [SINGAPORE] THE slowdown on the Singapore International Monetary Exchange (Simex), especially in the top Euroyen contract, is due in no small part to the raging regional
        475 words
      • 288 21 Boom in earnings from investment banking and stocks Bloomberg [NEW YORK] Goldman Sachs Group LP said pre-tax earnings in its fiscal third quarter surged 58 per cent to a record, led by booming profits in investment banking and stocks. The
        Bloomberg  -  288 words
      • 195 21 FT [TOKYO] Sumitomo Bank, one of Japan's leading banks, is to close its Frankfurt operations as part of a rationalisation of its international businesses, marking a further blow to the global ambitions of Japanese banks. Shunsuke Kanzawa, the bank's deputy general manager of international
        FT  -  195 words
      • 205 21 Bloomberg [NEW YORK] Federal authorities have seized two Citibank accounts that were allegedly used to launder money for a major Mexican drug-traffick-ing organisation. A judge ordered on Friday the seizure of accounts belonging to Alejandro Ventura Cohen and Jaime Ventura Cohen. The brothers
        Bloomberg  -  205 words
      • 251 21 ENERGY REPORT Reuter [DUBAI] Gulf Arab oil states have stuck with oil refinery expansion and upgrading projects despite fears that currency and stock market collapses in Asia will blunt energy demand growth, industry sources said yesterday. With economic slowdown forecast in key Asian oil
        Reuter  -  251 words
      • 163 21  -  MSCI TAIWAN FUTURES By Perry Gilbert vice-president, Refco Singapore [SINGAPORE] The Simex MSCI Taiwan Index futures contract rose yesterday, with the September contract trading over the MSCI cash index towards the close. Rumours of an imminent rate cut by Taiwan's central bank
        163 words
      • 264 21 Reuter [TOKYO] The sluggish Japanese economy is likely to dent domestic metal demand, especially for copper, which is seeing little physical buying interest despite an overnight tumble in London Metal Exchange (LME) prices, traders said yesterday. "Copper is likely to be the hardest hit
        Reuter  -  264 words
      • 270 21 Reuter, AFP London THE US dollar remained firm against the mark despite remarks by Bundesbank central council member Ernst Welteke who said the inflation rate and inflation indicators are going in the wrong direction in Germany. The remark strengthens the likelihood of an eventual rise in German interest
        Reuter,; AFP  -  270 words
      • Article, Illustration
        1373 21 DTTHMAWOOSgRATBI 3 ECW F* T« Wm MS HZ$P«h m> s$ IK Sfr NTS tout Pw< uss SSdf 100? tiS n°25 1,M KS H2 °-*I 2.173 1133 29.196 ***** 1093 1366 1.044 20.5*0 26.776 0.452 0.719 n*7 A U7 V5Z 135 H2 °-*f *-5® /J 77 1.135 29.24a23.8W L095 3272 1.046
        1,373 words
    • 1698 22 SICOM FbTwJB Sept 17 RU88IR (Mures dost* «t it 130pm) RSS1 CONTRACTS cMfe/ty OtH VolWM Opto Month M* Uj» Sott (taut) tatorott Oct 97 ***** 950 750 Nov 97 137.00 850 2350 D*c 97 139.25 139.25 139.50 150 N50 Jw/M* 9® 146.00 375 6210 Apr/Jon 98 153.25 *****
      1,698 words
    • 2210 22 LONDON tatfutriils Sptn h«a AB Ports 276.400 6 AM>«y National 884 -3 Anted Oomecq 481 2.600 Amec 151 5.600 Asda Croup 152 3.600 BAT Ind 518 -4 BCPtc 258 -11 WCC 150.400 -1 BOC Group 1079.400 4.400 BR Petroleum 904 *17 BTR 238.400 .400 8*1* of Scotland
      2,210 words
    • 1677 22 Bloomberg Nikkei 225 -29L23 THE benchmark index fell to a five-month low yesterday, paced by banks amid concern the slide in Japanese share prices would erode banks' equity holdings and deplete their ability to write off b&d loans. The 225-stock Nikkei Average fell 291.23 points to 17,683.27 its lowest
      Bloomberg  -  1,677 words
    • 261 23 Reuter THE Shenzhen A share market ended down yesterday, dragged lower by steep falls in large-cap stocks on fears of a wave of new listings, analysts said. The A Share Index lost 6.30 points, or 1.6 per cent, to 375.90 on turnover of 1.8 billion yuan compared with
      Reuter  -  261 words
    • Article, Illustration
      687 23 AFP Q Composite Index -8.09 SHARES closed lower yesterday as lack of confidence reigned amid weakness in regional markets and currencies. Dealers said people were losing confidence in the economy. The Composite Index lost 8.09 points to 526.74. Turnover was 222.7 million shares worth 291.6 billion rupiah. The rupiah
      AFP  -  687 words
    • Article, Illustration
      819 23 AFP P SETT fader -iifl SHARE prices fell yesterday after Standard and Poor's downgraded Thailand's major financial institutions and amid political uncertainty. "Trading was very thin because Hongkong was closed. The market was down because of the Standard and Poor's downgrades on major banks that were announced today," said
      AFP  -  819 words
    • 323 23 AFP Q Manila jM> SHARE prices fell yesterday due to continuing political and economic uncertainty. The PSE Composite Index fell 35.59 points to 2,073.%. Turnover was 1.9 billion shares worth 1.7 billion. The banking sector was hit hard with the Philippine National Bank falling four pesos to 105 while
      AFP  -  323 words
    • 590 23 AFP PADQrfaMTM *m SHARE prices rose yesterday, with major stocks driven higher by reassuring economic data from the US. "Definitely the economic data in the States was the main driving influence in the local market," a dealer said, referring to the benign inflation data which reduced the chance of
      AFP  -  590 words
    • 241 23 Reuter □Wellington +11.41 SHARE prices ended firmer yesterday but well off their intra-day highs after beginning the session with a roar. The NZSE Top 40-share Index closed 12.46 points firmer at 2,538.98. Renter ■> am AN2 Banking 12.00 0.24 ***** Adv«ntag»t HMgs 0.87 0.07 *****0 Air Now Zo*an« (A)
      Reuter  -  241 words
    • 366 23 AFP QlPhk ****** SHARE prices closed higher yesterday on government moves to boost the market. "Investors were encouraged by the government's measures favourable to the bourse," said an analyst. The TSE Weighted Price Index rose 155.53 points to 9,087.55. Turnover was 1.36 billion shares worth NTJ89.90 billion. Among recent
      AFP  -  366 words
    • KUALA LUMPUR STOCK MARKET
      • 8209 24 INDUSTRIALs 1997 Last r IC Vol Day Net Ca* HM» I— Ciw>—y sm -OOQ Mm Lew HI 790 400 Ajinomoto 450 24.9 182.4 448 231 Angkasa 276 -4 57 280 276 8.2 407.0 905 370 Apollo Food Hlg 555 -15 67 570 530 16.1 222.0 765 372 Beriaya Land 480
        8,209 words
      • 407 24 AFP CI Composite Index -15J§ MALAYSIA'S key stock index closed lower yesterday, dragged down by the weakening ringgit and amid a lack of fresh leads, dealers said. "The ringgit's fall below the 3.0000 level against the US dollar has further dampened sentiment. The market
        AFP  -  407 words
    • WARRANTS & OPTIONS
      • 3427 25 BOMBS, L0AN8 WARRANTS .00, m 1997 last Vol Day Last Ouata Avg High Lh Stno Company Sat* *«r- 1*000) High Law Buyar Sallar Prtea M aasm 3000 mAM08c5.5%*****6 31 JO 35 I 81 41.5 3160 *Ac*r ******1 US$ 34 unch J 54 53.5 53.S 55.5 131 43 3164 Acm* ******4
        3,427 words
      • 188 25  -  WARRANT WATCH By R Sivanithy ACCUMULATING warrants issued by good quality firms is probably the best strategy in a weak market. Good gearing, a low premium and plenty of time before expiry are essential and in this respect, Malaysian
        188 words
    • 2274 25 MALAYSIA* STOCKS Of Or IMT Last Vol Day Laat Quote Mr M YN Nat MCap U» Step Cimpany Mt COOP) HN> L— Buyar Sa8ar Or P/t W M7 m»5000 AIS8 50c 207 3 97 215 205 206 207 54 4.9 0.6 47.8 212.3 137 54 ni 5001 AMOBSOc
      2,274 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1069 26 TURNOVtl COOO) VALUE (*900) mm cn» t«ui mm cm r«i MyMrtM 73.007 12.&54 IOMU 149.141 3MM 204,029 1W 17.771 2X417 40,978 12.454 73*434 Mil V943 U32 2.449 MM IIM <379 Pro—iH«l 13.443 9*407 niM 65J21 1/0% 72.795 MH 2JM 3,754 3,794 MMtf 334 US 444 444 9U* 4,091 12.206 20.257
        1,069 words
      • 5104 26 fir fir M Wt «**7 LMt Vol Day Last Ouata Mv Dlv VM Nat Cap Avg High law StHa Company Sala COOP) H4g» L— 6uyar SaWar Cw >/t $mllJMce MMCTRMLS 1ST 83 1020 ACE Dynamic s60c 85 -IS 34 86 85 85 85.5 8.6 69.6 88 5146 ASC
        5,104 words
      • 986 26 7 0»y LMtOmt* n* vi MM Cap Aw| c«m—n y m» rooQ) Mifii iw enrw m« cv »/i m 186 7* t 2000 ABU HMf* Sc 142 -6 t170 149 Ml 141 142 3.0 6.0 0.1 202.9 Ui IM 412 144 2049 ASAutolOc 346 *2 22 346 344 346
        986 words
      • 200 27 Hwto mrnm TtonpinZhong 27,856.000 *ekapadflc Mi 7.974,000 1Mf Capital 6,497,000 OlS Land 5,261,000 IfC Corpn 5c 3472,000 *8erjaya Group 3,805,000 *flH0CapWt99 3,672,000 tMU-Purpos* 3,597,000 NKLandUSIOc 3,538,000 MM. RfWt*****3 3,530,000 mmt» TtonjinZhong *****,325 MS Land 20,*****0 CKyOcvSOc 17,057,968 SIA Foreign 17,*****1 U08 Foreign *****,000 HKLandUSIOc n,423.901 •m Capital 9,071,270 OK Foreign
        200 words
      • Article, Illustration
        61 27  -  "W Ven Sreenivasan ALTHOUGH US-dollar denominated Jdrdtnes Strangle Holdings has bsen string a surge in activity lately, the technicals suggest that U is unlikely to touch Us 52-week high of $4.44 anytime toon. The counter has support at the $3.90 level, but faces very stiff resistance at $4.001
        61 words
      • 679 27  -  STOCK MAMDBT COMMENTARY Wall Street rally {ails to boost sentiment in the face of steep falls in ringgit, bafct and peso By R Sivanithy [SINGAPORE] Renewed weakness on the currency front and a lack of any positive incentives ensured that the local stock
        679 words
      • ON THE GRAPEVINE
        • 111 27 EVERY reporting season, some companies will be guilty of announcing their result* at the last minute. But Bonvests Holdings must take the cake for adding a twist to the problem. Though It wasn't late in releasing its results, It yesterday announced that subsequent to the announcement of its
          111 words
        • 173 27 THE premiere of Air Force One, a Hollywood film about the hijacking of the US president's plane, attracted the good and great yesterday. Among the guests at the screening was Colonel Mario Cafiero who actually flew Air Force One during President Reagan's trip to China
          173 words
        • 136 27 ONE of the biggest property exhibitions, Mlpim Asia, is in town till today, with 284 companies from 27 countries taking part Pot those who might take it asan opportune time to drop by Suntec City for a browse of what properties are on sale where, think again,
          136 words
        • 112 27 TIMES are really tough for the Thais. With their economy in bad shape and a currency depreciating by the day, they have to cut back on travel. The belt-tightening measures are also taking their toll on journalists. When a reporter from this paper rang her counterpart at a major
          112 words
        • 98 27 THE opening session of China's 15th Chinese Communist Party Congress was a high-tech, glitzy affair. Foreign journalists breezed in and out of the session and numerous panel discussions, a sharp departure from the previous secrecy-shrouded congresses. A huge video-screen was erected at the Great Hall of the People
          98 words
  • Page 17 Advertisements

  • Page 18 Advertisements
    • 87 18 mmm ummbh H V on kans an& fjoot without spending an arm ans a lea? (yfi course. Enjoy your stay in our luxuriously furnished Carlton Club rooms and suites complete with Ixitler service, complimentary breakfast, evening cocktails and canapes Carlton Club Room from SSlBo***. Suite from SS26CT". A iik'Mi/x'r «>/
      87 words
    • 127 18 r r Financial Controllers: Are you playing golf these days, or still struggling balancing the hooks? Unless you have moved to Realtime Accounting, chances are very good that you are ll "7 aTJ still spending all your free time in the office. Companies who have moved to FACT are 11
      127 words

  • Page 19 Advertisements
    • 199 19 it■ *?Z9 friend with a new Look After serving Singaporeans and Malaysians for over 100 years, we are proud 4; *1 to unveil our brand new corporate identity. It reflects the modern, dynamic organisation we have become, while remaining true to the values on which we were founded. Asia Insurance
      199 words

  • Page 20 Advertisements
    • 237 20 BEver told a customer you had plenty of stock, only to discover your inventory sheets tvere out of date? Or ordered extra supplies of a particular product, only to have it sit around the warehouse for iveeks? If so, you re not alone in the wholesale distribution industry. Nor are
      237 words

  • Page 21 Advertisements
    • 384 21 Asia Pacific RISK MANAGEMENT SEMINAR MANAGING A CHANGING ASIA RISK MANAGEMENT IN ASIA 10 October 1997 Orchard Hotel, Singapore KPMG Asia Pacific Financial Sector Consulting Group will be holding a one day seminar on the following topics: Overview of Risk Management Practice in Asia Best Practice for Risk Management Collecting
      384 words


  • Page 23 Advertisements
    • 233 23 i WORLD BUSINESS class I'm in a business where time is of the essence. So the glohal network of Northwest Airiines and KLM is perfect far me, because wherever in the world I I want oo ff > they're there to take me In the US. tl P a Northwest's
      233 words


  • Page 25 Advertisements
    • 137 25 jj OCBC Property Services wishes to thank all their supporters j I for the overwhelming response during the launch of Summerlea Green, j Summerlea Green's new homeowners definitely have something to celebrate, f 1 if am 50 you... at our new and luxurious Countryside 3 project. Don't miss it. Oocbcwwhiiyshmcb
      137 words


  • Page 27 Advertisements
    • 497 27 BUSINESS Notices ■a IN THE MATTER OF THE COMPANIES ACT. CAP. 90 PURSUANT TO SECTION 290(2)(b) and IN THE MATTER OF REVER (HONGKONG) PTE LTD (In Mtmbars' Voluntary Winding Up) At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road. #12-01 ft
      497 words
    • 197 27 f M THE MATTER OF A THE COMPANIES ACT, CHAPTER 80 AND M THE MATTER OF HWU tAM MAM LTD P" "Wy* votumary winding upj NOTKI or FINAL MUTIHQ NOTICE IS HEREBY GIVEN that pursuant to Saction 308 of tha Companias Act, Cap. SO tha final maating of tha members
      197 words
    • 238 27 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO. AND IN THC MATTER Of PAVMQ PLANT A PROCESSES (INTERNATIONAL) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 of The Companies Act. Chapter 50, that tha Final Maating of tha members of tha above-named company
      238 words
    • 218 27 m THE MATTER Of THE COMPANIES ACT, CHAPTER 80. AND M THE MATTER OF EXPO-FREJOHT PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY QIVEN pursuant to Section 308 of The Companies Act. Chapter 50. that tha Final Maatlng of tha members of tha above-named company wM ba haM at
      218 words
    • 327 27 IN THE MATTER OF THE COMPANIES ACT CHAPTER 50 AND IN THE MATTER OF pats music rnt ltd (INVOLUNTARY LIQUIDATION) MEMBERS VOLUNTARY WINDING UP At aa Eitraordinary General Meeting of the Member* of the abovenamed company duly convened and hetd at I Coleman Street 904-05 The Adelphi. Singapore 179*03 on
      327 words
    • 13 27 Buy It. Sell It. Find It Classified. Call Today For Results Tomorrow. 1800-*****66
      13 words
    • 538 27 To advertise call toll-free 1800-*****83 > FLEXTECH HOLDINGS LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT RIGHTS ISSUE OF $22,000,000 PRINCIPAL AMOUNT OF LOAN STOCK (THE "LOAN STOCK") WITH 26,400,000 WARRANTS (THE "WARRANTS") TO SUBSCRIBE FOR 26,400,000 NEW ORDINARY SHARES OF $0.15 EACH IN THE CAPITAL OF FLEXTECH HOLDINGS LIMITED
      538 words

  • SHIPPING TIMES
    • 270 28 Bridge News, Reuter SOFTER levels were reported for Panamaxes with the rate on the key US Gulf to Japan grain falling by 25 cents and easier Ingte reported for period business in the east. fentiment is poised with some viewing the J market as overdone and in the
      Bridge News,; Reuter  -  270 words
    • 109 28 s$e m *h w -iMSS+EEES <2£ .yCWMfcl tiW (Ml *QJH tom I MiaM« oiM -oat m HWjMjjWl OM -OuOW 2 J <0001 a Jyj »»>■< «*3> J{ miiimi 4 wo «ojo im <33 tfi ui -aoc ma *«3S m sfar-» ir~f 'MntMHW.MO -0.B 54 Jg__«S wk* ..If, t
      109 words
    • 63 28 [SINGAPORE] Delegates at the TOC Asia 97 visiting a stand put up by one of the exhibitors at an exhibition that is running QMCUrrmtjy with the three-day conference that,beg§n oa fJ Tuesday at the RqfflesTity CofWentionTSntrt. The Terminal Operations Conference is mto as 21st year as a leading
      63 words
    • 297 28 [SINGAPORE] Deltaport in Vancouver is aiming to become the first port of call in North America for major lines on the Asia-Pacific trade. Deltaport is a new container terminal at the Port of Vancouver that opened in June this year, adding
      297 words
    • 387 28  -  TOO ASIA 97 Cargo volume at these ports growing by leaps and bounds: Hapag-Lloyd Reports by Marcus Hand [SINGAPORE] A number of feeder ports in Asia are set to become direct ports of call, as volumes in the region continue
      387 words
    • 685 28  -  HUWBUILDS By David Hughes THERE has been another mixed bag of newbuilding orders though no new large crude tanker projects, other than the highly specialised Statoil shuttle tanker, were announced. There were a few container and bulker orders, with the three featured
      685 words
    • 240 28 It will await result of its lawsuit instead: report AFP [MANILA] The Philippine unit of Hongkong-based Hutchison Whampoa Ltd will not participate in a rebid to develop an international port in Subic Bay, a local newspaper reported here yesterday. The Business
      AFP  -  240 words
    • 175 28 Reuter [OSLO] Nine people were airlifted in near gale force winds from the container ship Balduin yesterday after it ran aground south of Fredrikstad, close to Norway's border with Sweden, rescue services said. The 12,500 deadweight tonne Balduin grounded at 1 am local time (2300
      Reuter  -  175 words
    • 123 28 Bloomberg [HANOVERJ Preussag AG said its supervisory board approved the purchase of 99.2 per cent of Hapag-Lloyd, a German travel and shipping company, and plans to buy the remaining 0.8 per cent. Preussag said it plans to buy the Hapag-Lloyd shares traded on the stock
      Bloomberg  -  123 words
    • PORT Shots
      • 54 28 Reuter [LONDON] London Overseas Freighters (LAO), a British-listed shipping group, is dose to agreeing to a takeover by the Oslo-listed ProotUne Ltd, according to a f, report in Financial Times. The deal, worth between UBHOQ r million (S<lSO million) aad US$l25 million, would
        Reuter  -  54 words
      • 51 28 AFX-Asia preliminary jblnt venture agreement todnviiiiip and operate six berths in Wuhan to handle ergo, including oil containers and general cargo. Pacific Ports' contribution wMbe <Wsrwtned after afoaslblltfy study is compter it said, adding that the deil will not involve any issue of shares by the company.
        AFX-Asia  -  51 words
      • 64 28 AFP [TOKYO] Japan's export shipbuilding orders for August surged 93 per cent from a year earlier to 771,490 press tonnes for a total of 19 vessels, an industry group said yesterday. Japanese shipbuilders received orders fori* bulk carriers totalling 342,090 tonne® in August, the Japan Ship
        AFP  -  64 words
    • 930 29 GERMAN PORT OF HAMBURG As East European economies grow, Hamburg is well placed to facilitate trade between them and the developed west Cargonews Asia ON A busy Friday morning, Hans Ludwig Beth, chairman of Port of Hamburg marketing and public relations department looked out across
      Cargonews Asia; FILE PHOTO  -  930 words
    • 223 29 PACC Ethiopian ACL n Eurohans 6 AW. 3 Ewgrew 6 Accord 12 F Appenship 5 a-trigl* t Astro 3 Austral n CU < Avwt 6 CciMrtrM > 13 BSA 7 <*•*•«« Batamindo 7 GoM«n 4 lt ir 7 Gum Gum 4 12 CCNI
      223 words
    • 15668 35 THEBUSINESSTIMES EXPORT iajitujuu xu, luu ETA ETA Advartisar V«»l Vo» aga Talaphona ETA ETA Advartisar Vassal Voyaga TatapHona SIN Oaitn Nam# Nam# NumtMT Numbar SIN Oast'n Nama Nama Numbar Numbar MMnVMHMHaHaMHHHHnHMHHaaHHHMHHI OMMMNOMMMMMMMNIMMMMMMMMMMMMIMMMMMMMB 2*/09 05/12 Clan S A NEW HAIHUNG V.9712 V.MSB *5-53*7*3* To ABIDJAN (ABJ) 2003 To 5){,™«;L
      15,668 words
    • SHIPS IN PORT
      • 593 42 ttfl lutt AfrtoM PtMrtrt Mbm sh jm mm* tr.ovau nm* mm m mmm n.tmooo MM MI JO MM* BJVOJ» k|M own JM mm> ffJMiao IM* ozonr jm mm* trot/mo MU42U 0*7 JM MM* ffJMH tar MM JM MpM> IT.OVOOO ■tMH tfery 20 JO* MM* 2UV0000 MM* M J02
        593 words
      • 1624 42 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO »ii>h|/IHri tjth SMp fg m ItWtr Nrt* Ta Fr— Aatat Ot7» tonoo M IT/BOO IT /MM I7/7M VMM MM IT/WOO a 17/mo mm mm* a 17/1700 MM (WOO i woo a/iw a/uoo 4 Mao mm Mmt m Fiitw moo a/aoo
        1,624 words
      • 167 42 Sap* 23 Japan: Autumn Equinox Day. Bapt 28 Taiwan: Birthday of Confucius. Ml China: National Day. Ml China: National Day Holiday. M« Australia: Labour Day. MM Hong Kong Chung Yeung Festival Japan: Sports Day. Taiwan Double Tenth National Day. MIS Canada Thanksgiving Day. United States: Columbus Day. Oat
        167 words
      • 851 42 THIS raport. cowipflad by Cockatt Mlilu Oil Ltd. ahow* price range* la US dollar* ln•taad of single prtoea tor a non comprehensive deecriptlon of the market Ptlcm cbovn art bawd on a veragealaad Ma. Market movements ara Indicated. Tbt Cockatt Buakar Price Index change and tha
        851 words
      • 332 42 Cartaa Mm 990J OJ 15.4 0.04 ft O.W Sopttl Dm«y Mr KmMm A* MmMm MM M*twE2S 0 1 0 0 MO AM WSJ OJ 12J 0 J4 K W (dm MO MM mo OJ 17.7 0.09 SI 0J7 mm %w »mm —t Kwos o o o
        332 words
    • AIR & LAND TRANSPORT NEWS
      • 511 43  -  Sale has baggsd deals for Airbuses worth USs22sm earlier this week By] Felix Chan [SINGAPORE] Singapore Airlines' leasing arm, Singapore Aircraft Leasing Enterprise (Sale), yesterday said it expects to chalk up another leasing order for several Airbus A32os shortly in addition to
        511 words
      • 315 43 Redesigned Corolla compact car also launched AFP [DETROIT] Japanese car maker Toyota has unveiled a new US-built minivan and a redesigned Corolla compact car here, emphasising safety to appeal to American families. During the *****, Toyota had been smarting for lack of a competitive minivan,
        AFP  -  315 words
      • 163 43 Reuter [PARIS] France is looking for a chairman for flag carrier Air France to succeed Christian Blanc, who is resigning in protest against the socialist government's decision not to end majority control of the airline quickly. Mr Blanc, who has held the post for
        Reuter  -  163 words
      • 44 43 [PARIS] Visitors looking under the bonnet of an electric Citroen Saxo car during the inauguration of the Paris Electric Vehicle Club. The club was launched in association with the French electricity company EDF to promote pollution-free vehicles for city use. REUTER
        REUTER  -  44 words
      • 390 43 Deal may lead to US airline taking direct stake in Spain's flag carrier Bloomberg [MADRID] Iberia Lineas Aereas de Espana SA and AMR Corp's American Airlines signed a code-sharing agreement that will broaden American's reach into Latin America, while giving Iberia more US destinations.
        Bloomberg  -  390 words
      • 78 43 [CHITTAGONG] More than s,ooocars awaiting delivery to importers outside Bangladesh's Chittagong port. Importers are not taking delivery of the cars, mostly reconditioned and imported from Japan, ever since the government raised import duty in the country's budget for fiscal 1997/98 which started on July 1. Bangladesh's car
        REUTER  -  78 words
      • 302 43 Reuter [ATLANTA! United Parcel Service said it has no immediate plans to lay off employees, even though business remains below normal following last month's 16-day strike by the Teamsters union. "We are not contemplating any immediate layoffs," UPS spokesman Norman Black said. Enough
        Reuter  -  302 words
      • 184 43 AFP [LONDON] The London Underground rail network is to be split into two or three "infrastructure" companies before they are sold off to the private sector, the Financial Times reported yesterday. The paper said the move, expected to be officially announced soon,
        AFP  -  184 words
      • 1448 43 CWT FLIGHT ETA FU6MT £10 IMMi OfOl 1930 Of82 2055 I WI741 1310 <***** MO SUB 2220 MM T6407 2105 T6400 0020 Amt»r4m KL843 0455 KL030 2300 MM.2B0 JMN 66 0125 0655 012* 2355 It* CM MM VH741 t3X> SOT72 0930 S025 0655 S026 2355 S0I7I
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  • Page 28 Advertisements
    • 23 28 Hamburg port link between east and west German port is well placed to facilitate trade between East Europe and the west. Pace 2
      23 words
    • 222 28 SlA's leasing unit expects to dinch another order Sale has bagged deals for Airbuses worth USs22sm earlier this week. BaakPigß TOC ASIA 97 The Event for the Shipping, Ports and Terminal Industries Raffles City Convention Centre Westin Stamford/Westin Plaza Hotels #2 Stamford Road Singapore 16 -18 September 1997 TOC Asia
      222 words

  • Page 29 Advertisements
    • 785 29 Wiiii u<i» 1 voy oak vim sca u sm vcsa voy ju mm iam ut |ca m a »W« SMfSM m/m m/m m m m/m ii/m mm in m/m «7/m m/m ii/m m/w m/m m/m mnmmumm amis »i/m m/n m/m m/m m/m |p mmimy im ii/m m/m is/m m/m m/m
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    • 445 29 Un— wvtew r*pr«—ntod ffmsX^* A*"*"*<*•»R^y<* Mambarsaftw Aocrwfltad Shipping Agents. Singapore Freight Fonmrdws Sfrore National SHppino Amoc. AMOcMkm. E EEMMM tm TIM 17M I gjw IMM tin MM ELM MM qmam mm mm -mm wj»lnwl vm nm aw nit mm mm mm mn -hm nm txm Iml mm mm mm mm
      445 words

  • Page 30 Advertisements
    • 1026 30 MQfK SOUTH WEST EXPRESS (DWECT) ALSO ACCIPTING MAMAUS VU LAX/HOU vssa I vot I m lam la no I m imm. 1 lot Iwc a 1 hou 1 nop 1 «a MM I 01S IM/M I 10/0* 111/ M I J4/W IMI 111/10 I 11/10 I tt/W I 02/10 I
      1,026 words
    • 1674 30 HANJIN SHIPPING UfA CANADA* imhaw/wt w sw sw m iwr top <a "wt i bS~~' m liw |m wrc |ow rv» |m"ra| m tb hhmctkmi 17/w w/w w/w n/w w/w u/w 12/w m/w n/w u/w is/w w/w w/w 17/w is/w n/w is/w is/w w7w~ u/w owna»auswg a/w a/w _w/w w/w
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    • 83 30 (rVBW 1 ORIENT EXPRESS UNES (U.K.) LIMITED S. 139.1. (MANAGER FOR SHREYAS SHIPPING LIMITED) I WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE wr gwwg mur vma vor mm swwrwi JUTHA RARICHART 007 19/09 27/09 JUTHA RARICHART 006 10/09 19/09 OOCL ADMIRAL 006 22/09 30/09 COQ ADMIRAL 005 13/09 22/09 MEGHNA 830 29/09 06/10
      83 words

  • Page 31 Advertisements
    • 1252 31 CiT DSR-SENA TOR Bmn Round the World Container Sen/ices TO UK/CONTINENT FROM UK/CONTINKWT «a ww i htm m w» mm" fu "uwT|| db» I wrr luw liu mi tm tm~ m tmmmmm wm7«i aa u.n n.a chovmmoumy htm mm hm aa aa aa ti.aa CHOYJHM MUM WF7« UN 17* 11.
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    • 997 31 I NORASIA IVMONL vonr OOA ML «L EJM mji ovm wi ww ivii 13/11 urn 11/* in# ivm honks. fm-3 mm ivm 12/11 21/11 a/11 wit zvti ivm 17/ M ivii MBCSOPME 1738-3 I tVN I 17/N IVII 2VM Wll 2VII tl/11 23/11 24/11 22/11 NOR SHANGHAI ***** I M/M
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    • 467 31 I JESSILTON UNI SBr Jk m> mnsn mxi ini*ar I WI*M 1 1 LAMUAM 1 vtssa vot no eu vtssa wr m n tfOtf HUOA SPOtt IM J nam v?ii/»; i i/m n/m imam vra/w i i/m n/m mtaanr rm/v n/m n/m mtaanr vm/w n/m n/m imam n*/n n/m n/m
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  • Page 32 Advertisements
    • 1221 32 Ivmp. VOV UN KK POU PKQ PBH BLW BUW BA BBC MAN TAKHTI PJL-1249 28/08 08/09 08AM MAN VAHOAT PJL-1253 04AM 31/08 07/00 22AM 24AM MAN QHBYAMAT PJL-1248 31/07 07AM 02AM 18AM 18AM ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN I CIS COUNTRIES I.E. AZARBAUAN, ARMENIA. KAZAKHSTAN. UZBEKISTAN.
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    • 1002 32 DIRECT SAILING TO 1 ■V TOM-2* Mm fl iAIJUSOtE KWi I ISIIKiAfORt'S WHEWI AMNTS: 6 SHINTON WAT ItL 2Jt IMO fAX: *****0S OUIWAAO (l/l) COSTA* SHIFTING PTE LTD «I;.«msiim SAUS/KGS 4MSMI/4I mwaioKFTo/ti «MSTU COST** AGENCIES (M) SON MO _jtNftJI7t7MMIM»_ TOWB T¥M) 4MSISO/5S T/SHHITPffT *****$ TE: W-07-35 Ml** fA3L 03-07-*****70 VBm
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    • 358 32 /7JL PDZ LINES SDN BHD A jf TONG JOO SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 f KIKMM+FASTIST MHUUtA-PUOKTY BtMTW /fO CM MUM-MBKATUJ GISOON f7121 lf/tf GKIANG t7Ol 21/H GIWI 9714 ft 23/19 H GMA ***** 20/09 GIHENG 9710 ft
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  • Page 33 Advertisements
    • 1083 33 IMP I RDM UW HH TNP ZEE LHV I LHV TUP ROM ANW HM PKL ["MP RI6HT RW-030 20/90 10/10 11/11 11/10 13/11 14/11 11/10 11. GARLAND RE-OM tUO 27/ M 20/00 2UO 2MO OM 23/00 ROUNO RW-020 27/00 17/10 13/10 10/10 20/10 11/10 22/10 lE. SLOWING Rf-041 HM OHO
      1,083 words
    • 1132 33 VKSa VOTtfi W ON II Ml DM MM IWT Ml VBIA vOYAGf DM JM MU DIM UM COIKQtO *****4 M 7VW 05/10 05/10 04/10 07/11 CD/10 01/10 0110 UM (0004U W7O-040C 07/W 04/01 04/ M M/M lOAM n/M I IMMHI 047W0W 01/10 11/10 12/10 IVIO IVIO 15/11 15/10 IJ/10 UMCM4IT
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    • 367 33 NANTAI LINE FUUY CONTAINERISED SERVICE TO MAUtmUS/SOUTH AfttCA VBSB I VOT I SB ftll CfT mmmt its Z7/w os/io io/iq 14/10 WW PITS 04/10 13/10 17/11 tl/ll KMMPBKBS PITS lj/10 01/11 »/|Q mm QUEEN 073S 20/10 ?l/1l 01/11 QS/ll mmiooMoii oo» a/io 05/11 m\ 13/11 wroumg 010s os/11 n/11 a/11
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  • Page 34 Advertisements
    • 698 34 i BSfl il M MYANMA FIVE STAR UNE W (MywMMr NatiMfll Um) w loodiNf for Ya«f«N (RaafOM) vtssa vot sm pig pa pgu NON 6 LA 4W SLO PATION 143W MN NAUTSIA AGCNIS: OOUSKAD SMPPM6 A6BKKS KUL IH 41-43-***** M PRL IH 41-43-*****41 POt TU 42-44-*****41 POO: IH 41-97-ISII3II/4 BANK
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    • 1178 34 HYUNDAI MERCHANT MARINE CO. UP, WESTBOUND TO EUROPE BKCte *****32 |vb« jww m I m I aw I umi I n I m NT CONNOOOM IMW 14/ M 11/ M 11/10 14/10 14/Ul4/U 17/10 HTRDOUI M7W 11/ M IS/11 11/10 11/11 U/10 11/1* NT ANNUL M9N 05/10 H/14 U/10 M/
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    • 566 34 I FAMOUS CONTAINER LINES I IBS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 2/ HOT UNE: *****33 (30 UNES) WBHMEMMBfc— .I—fcwgjj E-MJULMPMCIT: itnllQflwili [l«l| DAILY SAILING TO ATTRACTIVE RATES! CALL IVY FOR BOOKING *****33 P. KLANG PH: 0203/*****33 (20 UNES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 QLOBEUNK PTE
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  • Page 36 Advertisements
    • 54 36 To retrieve more schedules, just follow these simple steps... document M>ial 740-6000 Kahili be faxed W" M Pr6SS the port inter your Step key in the four hone number /CM •jp digit code Key in your Exampto: r-l—» fax number j To NEW YORK (NYC) 2275 n-m United States for
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  • Page 38 Advertisements
    • 291 38 INDONESIA NATIONAL LINE ML IwTpßlr BHCMEN ANTWERP KUTAI 3IWI Wl VII OMIT 7/11 TO AUSTRALIA WwjL hl Iwir pffTiffrHK twibn> m m notcunuL *m|ii4i uw| |x« im* am m WOl MO I VMS|lMi|Mi|2Mi| ~WWWNWW WW MM? V.Ks|a«|l7/w| WW 1«W t*W t*W IYMWMf v.ii»lwwiMw|irw I MWot ffw~ FEEDER SERVICE TO INDONESIA
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    • 1045 38 ADVANCE CONTAINER LINES (PTE) LTD API 140 CacM StraaL #12-00, PIL BuMdtng, Singapore *****0 _MvL: TEL: *****21. FAX: *****19, TELEX :RS ***** ACLPL CR NO. **********06 1 1 j wwii IHlHin>A>llt) mtoi VOY SM IKK SM VON W JKT 8N ANANBHJM I »j~ 23/09 l» vjwtoZ ShoB3 7\Z uZShi Z
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    • 755 38 [vessels voy «n jed I p«o l&i ham I rim I w <w MUXOECAPELLA T22W 2W OBttO OVIO IVW IVW WW 17/10 ww vkxedcubwa L22W jvcn os/w wio wio ac/w aarw am ~»ino~~ VXIX PAQUARIUB U22W QS/W 18/10 17/W 26/10 27/10 TWtO 30n0 ~»VW WUECTAOUARIUS U22W 12/10 28TW avio ofrll
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  • Page 39 Advertisements
    • 909 39 MlHOUmll CW JAW/mT/KPaHJAMO VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN XETHA BHUM 215N8 In Pt 21/09 MATHU BHUM ~347S ~"inPt 20/09~ ANANBHUM SON 19/09 23/09 MATMU BHUM ***** 19/09 20/09 ANANBHUM SONB 20/09 23/09 DANU BHUM 0118 20/09 23/09 YANTRA BHUM** 206N 21/09 24AM 26AM ACX RUBYt
      909 words
    • 615 39 PUL INTERNATIONAL •MfCi laHnlligi Oi4»!■<■ I i fcpww jttABAMU) SSI6S/WK YV I VOT I Ml I I an I |MS|is I m fl» \y>& SUMMIKI SiGS/WK 6e IpSpSp nubibmt 7Tr~ TB7imr wyw -fifa SHUUUMt IM/WK ■si nwTTM T —s —rsDueorfsaw iff I n/vf nail I tt/wn to h7m ,ww M
      615 words
    • 679 39 1 ACCORD A SHIPPING PTE LTD 1H: 125SSS6 (40 Unas) FAX *****4 A KtTKSMK 109 U/1 Ml R Wk OMtECT ACCESS TEL: *****57 (EXPORT BOOKING) MSRCW4M /S7)SSI 1577 *****07 (EXPORT DOC), *****64 (IMPORT) WUMG ($4)1371*41 URIjHTTP:/ MUgTA (11)*Mt77t NAM po«t mtw poti n> sin potr msw pon msw (FAR EAST)
      679 words

  • Page 40 Advertisements
    • 647 40 FXT/KTM/HAM LAX/LGB/NYC MV "HI HAMBURG" VO3IW MV 1U CHUNODItU'VISII ETA SIN: 22-9-97 ETA SIN: 22-9-97 SYPNEY/MELIOUKm AUCKLAND MV "NOi AMMR* VMS MV "NZ STA*" V33S ETA SIN: 20-9-97 ETA SIN: 21-9-97 FREMANTLE MANILA j MV "UNA AUSTftAUA" V3II MV "AMOIHMM" VI3N ETA SN: 22-9-97 ETA $IN: 22-9-97 SHANGHAI TYO/YOK/OSA/UM MVKOnWHM*
      647 words
    • 122 40 Jt* H Bk ■oCEAN ISLAND IN PORT NBrtttrtfMHAK I ■LUCKY WEALTH 3MM NvVRctrVAtwAJK I DELFINI OMO NwVMnVAIWBmMJK W Loads EVW.»*tayria,indon«ia 1 ■ESPERANZAC I ■rainier Dubai/DohaffMvain/DanmiMVKuwait I ■GLOBAL JANE I ■MO Dubai/Doha/Mnin/I>mT«n/KiNMft I Mrs M AII UAfMMCD J J -fffiifLni ■wnw MAniNcn noowiarvJeooßTVMQiEWcoypv i npo> "Loads Btagapom. EVW. tndon—ia I V
      122 words

  • Page 41 Advertisements
    • 406 41 ShippingTimes »"3USENESSCENTRE 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. *0 Call 740-6000 Press T&key in Document Code ■BBBSB TEAMWORK is when everyone
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    • 325 41 A >■0 KcyinyourfananAer^gEnteryourphoae^ ""Mm Look out for this 9DR|H|^H commemorative issue on 1 October 1997 Singapon jQHJB Prmss B( P_J 1 I B1 §11 PI 111 **"4[ JBJ 1 4 ft B i i ftgfH""" 1 n I IJh P B fgw Multi-storey worehowe: fcesAnenueii v P_ 10,000 square metres
      325 words

  • Page 42 Miscellaneous
    • 120 42 If LIGINft R Thunderstorm Temperoture c A X w#f Weather Wind draction with ipud In knot* i*r Rotn HMir+i, Cloudy Sky Wow# $w*g«wtodi*e ky efrwnwkidi fly witkA# wW (y Ono ful cJrde represents cokn or IgKt ond variable winds J_» Ono half fleche represents 5 knots L» Ono ful Mn
      120 words