The Business Times, 5 May 1998
1998-05-05
1
40
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The Business Times
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Title Section12 1998-05-05 1 THE BUSINESS TIMES MITA(P) 110/12/97 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes TUESDAY, MAY 5,199812 words
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Article63 1998-05-05 1 □sm X/ttlA•(-17.00) nvMn rnM mm (-5.64) nvrooHP UuUUBI(-9.85) nniu kJ 714.47 (-6.51) QeAMETEMDb STOCX HABKEr DVDiCES Monday nhnnaa KLSE OOMP 127.43 +L4I NIKKEI ckmd HAM) SENG 144*42 ***** SET INDEX .400.71 -It.42 JAKARTA COUP _44Uf 1M MANILA COMP —2J0&12 +26.8 TAIPEI WPl WWJ0___+67.14 SEOUL COMP Ml JO -147263 words
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Article75 1998-05-05 1 FOBEX BATES ust ss USS IJ83 £(US$/SS per 1.667 2.639 DM 1.788 1886 YKN 133JJ 1.188* MS 167? 0.431 HKS 7.748 0564 BAHT 38.63 0.041 RUP1AH 8,016 Q.OW •St to 100 wilts PUKE SATES SINGAPORE* 7.79 KUALA LUMPUR J1J0 JAKARTA 28.00 BANGKOK 14.71 MANILA OM HONGKONG 1026 TAIPEI 8lW75 words
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756 1998-05-05 1 Catherine Ong - Voluntary guide to replace mandatory rales immediately By Catherine Ong [SINGAPORE] More than a year after introducing what many listed companies considered an "overkill" in corporate governance, the Stock Exchange of Singapore (SES) yesterday said it would replace the mandatory rules on audit756 words
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488 1998-05-05 1 Wong Wei Kong - Team of six young managers reviewing bank's operations By' Wong Wei Kong [SINGAPORE] United Overseas Bank has eliminated several private banking positions as part of a broad review of its operations, sources said. The bank would only confirm yesterday that Henry Lau, who488 words
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534 1998-05-05 1 Harish Mehta - Expert panel to revamp BOT; top two quit to take rap for baht fiasco Prorn Harish Mehta in Bangkok THAILAND set up a high-powered panel comprising international names to restructure the central bank after its harried governor resigned yesterday to take the blame534 words
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Article, Illustration970 1998-05-05 1 S N Vasuki - Govt also dismantles dm monopoly to meet two key IMF conditions From S N Vasuki m Jakarta INDONESIA yesterday bit the bullet and raised fuel and electricity prices, hiking petrol prices by a steep 71 per cent, and kerosene by 40 perREUTERS - 970 words
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Page 1 Advertisements
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Advertisement109 1998-05-05 1 Hi inside Dtcfara* fidwy Australia's embattled conservative government seems likely to wait until late in the year to call an early election after a string of damaging setbacks. Yesterday, Australia's High Court ordered the resinstatement of 1,400 unionised dockers, Pglft ASMpptatfTbttMPgl The Pnpartj GMm DBS Land has said that It109 words
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Advertisement65 1998-05-05 1 How the baht battle was lost, Pg 7 Banking, Finance Insurance Supplement This time last year, Singapore's financial sector was chugging along with few signs of trouble ahead. Today, the situation could not be more different. Read what financiers, economists and other experts have to say of the new realities65 words
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Advertisement114 1998-05-05 1 fund release, Pg 6 Unrest seen to spread with price hikes, Pg 6 A profile of Singapore's best M m 'W 1 r V J <■ 7- <,» «'7; in^HiHi CHRIS LOH [SINGAPORE] (/rom Edmund Wee ofdesign firm Epigram, Economic Development Board managing director Ho Meng Kit and Andersen Consulting114 words
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SINGAPORE AT HOME & ABROAD
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278 1998-05-05 2 Conrad Raj - From l Conrad Raj inNeiv York SINGAPORE needs talent from both at home and abroad to weather the economic storms like the one currently ravaging the region, Deputy Prime Minister Lee Hsien Loong told some 200 Singaporeans on Sunday. Conveying the278 words
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363 1998-05-05 2 Conrad Raj - It ropes in the EDB for its experience in bringing major industries here From' Conrad Raj in New York THE Monetary Authority of Singapore has set up a new department to promote the Republic as Asia's premier financial centre. The Financial Sector363 words
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453 1998-05-05 2 Audrey Tan - Great scope seen for mergers, alliances, ventures in view of regional competition By. Audrey Tan SMALL and medium-size enterprises should ally with one another to expand and stay competitive, said Economic Development Board managing director Ho Meng Kit last453 words
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411 1998-05-05 2 Teh Hooi Ling - Contract a turning point for group here after its debarment by govt in 1996 By' Teh Hooi Ling A UNIT of German industrial giant Siemens has clinched its biggest contract ever in Singapore, marking a major turning point in the slightly411 words
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Article, Illustration323 1998-05-05 2 Frances Lui - EYE ON THE ECONOMY Tourism By\ Frances Lui VISITOR arrivals continued its double digit plunge for the sixth straight month in March, plunging 21 per cent year on year, preliminary figures from the Singapore Tourism Board (STB) show. The figure is only marginally better thanSource: STPB - 323 words
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337 1998-05-05 2 Vikram Khanna - These include tight monetary policies, measures to curb wags increases Reports by Vikram Khanna RELATIVELY tight monetary policies in the first half of the *****, measures to limit domestic wage increases and tough financial regulation helped insulate Singapore, from the worst of337 words
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235 1998-05-05 2 A NEW centre to train officials from the Asia-Pacific in technical aspects of economic policy was formally opened here yesterday by IMF managing director Michel Camdessus. The IMF-Singapore Regional Training Institute, (STI) which is a joint initiative of the International Monetary Fund and the235 words
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Article, Illustration351 1998-05-05 2 Louis Beckerling - Better times just around the corner, foreign minister says By] Louis Beckerling CALL me Mr Optimism, said Japanese Foreign Minister Keizo Obuchi here yesterday, adding that he was confident that better times for Asia lay "just around the corner". That was the upbeat public messageSTEVEN LEE/ST - 351 words
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Page 2 Advertisements
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Advertisement117 1998-05-05 2 Accounting Software and Peace of Mind P Yes! At BSS we listen and incorporate your needs immediately. Online, Multi-Currency, Ready to Use, Packaged Accounting Software 0 Sales Orders 0 Delivery Orders 0 Sales Invoicing 0 General Ledger 0 Accounts Receivable f aP 0 Purchase Orders 0 Graphs Ratios 0 Accounts117 words
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Page 3 Advertisements
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Advertisement459 1998-05-05 3 W, BREITLING NAVITIMER SBSkk. Early this century, aerial navigation was The Breitling Academy thus stages aerobatics a matter o fdead re c kon i n g with the MM training courses where pilots have an aid of a map, an altimeter and a chronograph. opportunity to fly the three current459 words
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FOCUS: PROPERTY
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Article, Illustration645 1998-05-05 4 Lee Han Shih - THBPKOPBRTT coumM With the city suffering a massive property glut it is doubtful the group can generate any growth there By Lee Han Shih WHEN DBS Land released its 1997 results in March, the company told a roomful of analysts and reporters that it expected growth645 words
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Article354 1998-05-05 4 Property auctions coming up Knight Frank Fnday, May 15 (11«n) at Grand Plaza Hotel, Bdkoom 1 Reeidentiel: 06 Emerald HiH Rd: 3-sty conserved buildno, 1,506 sqft/FH" < 25 Jin Sejarah: 2-sty bungalow, 7,353 sq M=H** 07-02 Avila Gdn, 17 Ftora Rd: apt 2.GB9 sq ft/FH" 144X3 Coat354 words
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Article, Illustration505 1998-05-05 4 Jenny Lam - Seme 50 onits sold t while Summerdale EC is said to have sold over 24 units By* Jenny Lam [SINGAPORE] The relaunch of Springbloom condominium has met with good response with some 50 units sold over the weekend while Summerdale executive condominium, which cut itsFILE PHOTO - 505 words
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Article414 1998-05-05 4 Abdul Hadhi - Merger of REI and CB Commercial leads to firm with market capofUSs7B2m By. Abdul Hadhi [SINGAPORE! REI Ltd, the holding company for Richard Ellis' non-UK operations, has merged with New York-listed CB Commercial to form a global real estate company with more than 200 offices414 words
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Page 4 Advertisements
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Advertisement219 1998-05-05 4 v" mm m j Comprising 2 lob of ow 15,100jq. ft. and 20,300 sq. ft. respectively. •Bid for or both bungalow plots. I Commandng view, with interesting terrain for creative design layout. Methodist GiHs'Sch, Henry fafcPriScht Raffles GiHs'PriSdi within ft! —> /km rooms. Tender (losing Date: 1> May If9B (Tuesday)219 words
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Advertisement41 1998-05-05 4 Prime 7-storey Warehouse off Sims Avenue Site area of 23,936 sfapprox. imy OL| strata floor area of 45,520 sf s Closing date tender 21 May 98 (Thur) at 3 pm For further information and lender documents, please contact: SoU Marketing Agent41 words
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Advertisement98 1998-05-05 4 pMM NEW K AcJuiroi^R •Areas from 5,000 sq. ft. onwards. «I^^^^V^Es3^b&. --*K !^lfe M units aiKonditioned and fcJHJfc •Ample carpark. Uh^» Food court m •Excellent corporate image. For more information, contact Joint Marketing Agents:Knight Fr k w COLLIERS c *"J M ,c (Si t'P'") r.."yi J%r DowiucPHot Td:22MIM n rviXTT?98 words
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Advertisement66 1998-05-05 4 18 Camborne Road FOR SALE BY TENDER Situated in the prestigious Buklt Timah area, off Trevose Crescent, near to Novotel Orchid Inn Elevated land plot with existing 2-storey bungalow Land area: 1,425.7 sq mor 15,346 sq ft Freehold Potential for up to 3 detached bungalows Tender Closing: 3pm Friday, 22nd66 words
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Page 5 Advertisements
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Advertisement300 1998-05-05 5 jj i wff^' PMHHIBr Ml I kllß I r ijVf It rf l¥h_L' kW VB The road to success isn t easy. But noLody said it couldn't te comfortable. At Lexus, we realised long ago that tke journey can audio systems. Wketker your musical tastes run to 3-litre, 200 i)kp300 words
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MARKETS IN TURMOIL
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398 1998-05-05 6 Reuters [HONGKONG] The Asian crisis has ended the boom that Hongkong was experiencing in 1997, with the government yesterday unveiling a sharp deceleration in economic growth for the fourth quarter of last year. The economy grew 2.7 per cent in theReuters - 398 words
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Article, Illustration586 1998-05-05 6 Vikram Khanna - Phased disbursement tied to reforms will strengthen market confidence, he says By Vikram Khanna [SINGAPORE] IMF managing director Michel Camdessus said yesterday that he has recommended to the IMF's executive board that the first US$l billion (Ssl.6 billion) of financing to IndonesiaARTHUR LEE - 586 words
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276 1998-05-05 6 Student protesters warned against moving off campus Reuters [JAKARTA] Indonesia's military chief yesterday said student protests against President Suharto were sliding towards anarchy, but demonstrations against the ageing ruler persisted. The government announced sharp hikes infUel, electricity and transport prices moves whichReuters - 276 words
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316 1998-05-05 6 Eddie Toh - Insurer exempted from rotating stake in M'si&n anit to 51% From Eddie Toh in Kuala Lumpur LEADING insurer American International Group Inc, which has secured a major concession from having to reduce its stake in its whollyowned Malaysian operations, and316 words
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Article, Illustration416 1998-05-05 6 Jennifer Veale - Itarae also hart by SAP's plaa to delay ratings npffaie. From< Jennifer Veale in Seoul SOUTH Korea's stock market plunged more than 3 per cent for the second consecutive day yesterday amid growing fears that mounting labour unrest could undermine theSource: Bloomberg - 416 words
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Page 6 Advertisements
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Advertisement10 1998-05-05 6 TODAY vtianhe Zaobao §SK 'F An -P iIH 4696Atts»M, I10 words
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Advertisement89 1998-05-05 6 Wc provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants For89 words
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FOCUS
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Article, Illustration1738 1998-05-05 7 Harish Mehta - The government inquiry into the affairs of the Thai central bank paints a picture of personal rivalry, secrecy and sheer incompetence By] Harish Mehta {BANGKOK] TOP officials of Bank of Thailand indulged in power-play and bitter rivalry and acted recklessly throughout the financial crisis1,738 words
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Page 7 Advertisements
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Advertisement137 1998-05-05 7 EQ2g3ißb wiQTmQßsk DBS insQMQQQggSffi K\ w Venturing overseas? Enterprise Finance Scheme, your "cash-for-invoice" xa/ u i*l •i_ l financing could be for as little as 3.5% p.a.*. Would you like instant cash for your invoices and let someone else assume the responsibility for We also help to cut your administrative137 words
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Advertisement197 1998-05-05 7 I Developed by medical professionals in the USA, COSMETIC TRANSDERMAL RECONSTRUCTION (CTR) is a first for non-surgical application of hair directly to the scalp through a safe, dermatologically correct procedure. Close up, CTR was long thought unachievable hair that is not worn, 7y-- ,y t s, but literally becomes a197 words
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Page 8 Advertisements
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Advertisement116 1998-05-05 8 1 11/JiL J r IA/lf •31 .1 t I#l# I I I' 1 I■. u 111 vviiii a ivuu VI IJ| JB Bk A K W fIBT fcK HBH Mhiß I you can manage life a whole lot better with Sing Tel Mobile. I I I ewf I I I116 words
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REGION
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258 1998-05-05 9 KUALA LUMPUR AFP MALAYSIA would consider allowing foreign equity participation in independent power producing companies on a case-by-case basis, a minister said yesterday. "We have to look at the individual applications. We can be flexible (on foreign equity participation) and on a case-by-caseAFP - 258 words
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304 1998-05-05 9 Eddie Toh - Asia crisis casts doubt over dream of becoming developed nation in 22 years' time, says premier From} Eddie Toh in Kuala Lumpur MALAYSIA may not achieve its dream of becoming a developed nation by the year 2020, said Prime Minister Mahathir Mohamad yesterday.304 words
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214 1998-05-05 9 MELBOURNE Continued business confidence after polls vital: report Reuters AN official Australian report painted a bright outlook yesterday for the Philippine economy, but stressed the importance of continued business confidence after next week's presidential elections. The report, released by Foreign Affairs Minister AlexanderReuters - 214 words
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Article, Illustration227 1998-05-05 9 PHNOMPENH Reuters DEPOSED co-premier Prince Norodom Ranariddh returned to Cambodia yesterday, saying he wanted to prepare for a July general election and hoped to meet Co-Premier Hun Sen, who ousted him last year. Prince Ranariddh, who has returned to Cambodia twice since lateReuters; REUTERS - 227 words
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512 1998-05-05 10 SYDNEY Asian crisis seen as largest external shock for Australia AFP A SHARP fall in exports to Asia swelled Australia's monthly trade deficit to more than Asl.3 billion (Ssl.3 billion) in March, its worst result since officials began compiling records in 1971, dataAFP - 512 words
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474 1998-05-05 10 CANBERRA Court order to re-hire dock workers seen as farther blow to govt Reuters AUSTRALIA's embattled conservative government seems likely to wait until late in the year to call an early election after a string of damaging setbacks. AReuters - 474 words
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Article, Illustration259 1998-05-05 10 ■HONGKONG Reuters ONE of Hongkong's oldest department store chains. Wing On Co International Ltd, yesterday laid off more than 300 staff the latest casualty of Asia's financial crisis. The 91-year-old store chain said the cuts were due to the weak economy,Reuters; REUTERS - 259 words
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309 1998-05-05 10 Toh Han Shih - From 1 Toh Han Shih in San Jose, California US-BASED Cisco Systems will be setting up institutes in Asia-Pacific countries, including Singapore, over the next few years to train young people for the Internet generation. Cisco president John Chambers told309 words
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180 1998-05-05 10 BEIJING AFX-Asia CHINESE Defence Minister Chi Haotian has said the inclusion of the Taiwan Straits directly or indirectly in the sphere of Japan-US defence cooperation guidelines is "totally unacceptable". The official Xinhua news agency quoted Mr Chi conveying China's position in talksAFX-Asia - 180 words
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Page 9 Advertisements
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Advertisement302 1998-05-05 9 THE ART OF PAMPERING WHEN LEAVE OUR GUESTS i P Contemplate the day in the serene comfort of ourpkjshLwini Room, unperturbed by the rest of the work! Quietly confident that an unparaMeted tevH of service is only a gesture away. NEGARA In fact al the way to <xr luxurious rooms302 words
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Page 10 Advertisements
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Advertisement216 1998-05-05 10 <*<" v THE ADDRESS THAT HAKES MORE BUSINESS SENSE JWifr' keen to your the image, we have the perfect t i^M I I r '1 r, l setting for you. Centrally jj 1] 11 I rj |<H lit .if■ located in the heart of m kk^H Vl„ 11" wBBm 1216 words
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Advertisement834 1998-05-05 10 Ob Australia's waterfront, Pg 12 ImM mm k— win court battle for jobs. Shipping TimesPgl Patrick to re-start hire firms, demands reform. Shipping Times Pg 1 3S£ Jurong Shipyard Limited Notice of Annual General Meeting NOTCE tS HEREBYOWEN tod twTfrt%WtoAawud Qtae id Mtttotgd toe Company fbblwM an ttortaaartqfllMty 1000 d834 words
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THE WORLD
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504 1998-05-05 11 WASHINGTON He cites fundamental chflngfrg in hqffjflfyM cycle, says reliance oc Asia growth major threat to boom Reuters PRESIDENT Bill Clinton offered further evidence of his bullish outlook for America's booming economy in an interview broadcast yesterday. The president said fundamental changes inReuters - 504 words
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273 1998-05-05 11 HAMILTON, Bermuda Acquisitions driven by banks'desire for economies of scale US BANKS will seek mergers and acquisitions to create more large "megabanks" in the future, said US Federal Reserve Bank of Atlanta president Jack Guynn. On April 13, Nationsßank Corp announced plans273 words
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302 1998-05-05 11 LONDON Reuters SOME pundits giving their verdict on the Bank of England's first year of independence will undoubtedly say UK rates should have gone up Caster and sooner. But hindsight is a useful thing when it comes to monetary policy and, crystal ballsReuters - 302 words
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Article, Illustration386 1998-05-05 11 FRANKFURT Bloomberg SPECULATION the Bundes bank will raise interest rates was revived after the compromise European Central Bank chief opened questions about the new bank's ability to act independently. European Union leaders named European Monetary Institute president Wim Duisenberg to head theBloomberg; REUTERS - 386 words
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Page 11 Advertisements
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Advertisement32 1998-05-05 11 Some banks won t hit it off after merger, Pg 18 •Tung Centre •Parkway Parade •A-Z Building •Paya Lebar Road For details, please contact owner: Tel: 437 6853 437 6872 534 313232 words
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Advertisement28 1998-05-05 11 Jg ><; 1 I I *7: {■£$■> x W"" v!r r V- < t* A Hi fl K a r «B 1 V 1 'V ?c j J,. GIORCIC) ARMANI _k28 words
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EDITORIAL & OPINION
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Article, Illustration619 1998-05-05 12 Al Labita - THE BOTTOM LDVB OPINION By Al Labita The writer is BT's Morula correspondent FILIPINOS feel flabbergasted that finally, they have broken free from the tenacious clutches of the International Monetary Fund (IMF). Although there has been no dancing in the streets, the end of619 words
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Article204 1998-05-05 12 'Human rights groups are never satisfied with anything except five-star hotel accommodation for these people (illegal immigrants). If the human rights group are quite willing to finance, we are quite willing to put them in Shangri-La Hotel but they must pay for it They can't expect us204 words
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Article678 1998-05-05 12 EDITORIAL IT is tempting to depict yesterday's High Court decision on Australia's docks dispute as a rout for the government and a resounding win for waterside workers. But while it will have a profound political impact not least on the future of Industrial Relations Minister Peter Reith678 words
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Article, Illustration1229 1998-05-05 12 Leon Hadar - Despite several warnings, the average investor has great confidence in the US alrcugth By] Leon Hadar The writer is BT's Washington correspondent LAST Monday, as Wall Street was taking a tumble, with the Dow Jones industrial average felling more than 200 points at one time, IFILE PHOTO - 1,229 words
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249 1998-05-05 12 James Purves Singapore via Internet - MAILBOX James Purves Singapore via Internet I FINALLY managed to buy a cash card today for my ERP device; it seems there has been a run on the cards from the suppliers. I did, however, discover that unless you have an249 words
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Article208 1998-05-05 12 Denis Distant Singapore - Denis Distant Singapore I REFER to the snippet "Going for 100 per cent" in your On the Grapevine column (BT. April 28) which mentions Stanchart as being the distributor for 90 (or 82 per cent) of the unit trusts available here. Investors in unit trusts208 words
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Article199 1998-05-05 12 Ong Al Boon - Ong Al Boon Director The Association of Banks in Singapore WE refer to your report headlined "ABS makes U-turn on charges for cheques" in The Business Times of April 30. The headline and report which stated, inter alia, "In an about face the Association of Banks199 words
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Page 12 Advertisements
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Page 12 Miscellaneous
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Miscellaneous30 1998-05-05 12 DOOMESBURY By Garry Trudeciu man dovxjknow havbj.mnwr (jm~.no. WHY YOU'K B&NG SUBPOENAS? B/SBWItSUKS iOUGCT IVBM6N HAULS?INTOTHe MAKJN6WXDNSSNS*IieSU9r- UH... 1 SSLlnnr ON TUB STAWCHAMB6K* IT HAS A C&RTAIN CACH&T| MAP. M/HO30 words
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Page 13 Advertisements
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Advertisement168 1998-05-05 13 Where to wine, dine and entertain... "t (n> WM An All-You-Can-Ea*.. <porr\daQ q) inner <£ujjet Help yourself to mor&han 30 sumptuous dishes... to go vKf/i uenmint hot farridxe. vum rue or pUun rice. Friday to Sunday 6:3opm to 10 pm ADULT CHILD j $14 so++ $9«o++ *Price subject to in168 words
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Advertisement99 1998-05-05 13 femonqrass THAI RESTAURANT Enjoy and savor the perfect w combination of our innovative ga Thai specialties and friendly Hospitality. u i Also at The Heeren shop. 4B; 'Pamper your a JKOQJfaX 84 •^"Speclaf Se/ JlCeat. Cream of Tomato and Basi OR Clear Soup OR Chefs Sated Pepper Beef MedaSon OR99 words
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Advertisement118 1998-05-05 13 /r<w I PAOLO I *ss) PINGS I PASSIONATELY ITALIAN TASHFOILY CHINESE I V. 731-7^85 J r Re-discover the great taste of a savoury Good Fortune Dim Sum lunch! gsa Savour exquisite Km Sichuan and BaiU Cantonese Dim Sum prepared by our s aiMM km mm sMfoot usBMMn masterchefs with our118 words
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Advertisement108 1998-05-05 13 llircftfei the ice with a conversation 2 fc. piece from Sunday Gallery 9 ff a Sunday Classified special A*+sL on antiques, collectors' i^T (j items, and arts crafts [catl! 4^ ft -Super Valme Set Meal Soup of the Day ftACWMF Sahd Prawn in Ton Neat Braaed Mushroom with Se«»oo»lVfegßtrtjles Mlt108 words
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Advertisement132 1998-05-05 13 Discover Hie magnificence of Thailand at Hk Mezzanine Cafe Bar 7-17 May 1998 !t |Reservations: 831-6286, 831-6288 (between 3pm 6 pm) 1 iTME Mezzanine Calc Bar 2nd floor Cfrlipalin OM«Mk J Spon cciiiii A m. id 333 Orchard Road. Singapore *****7. Tel: 737 4411 I« j Sunday 10 May 12132 words
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Page 13 Miscellaneous
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Miscellaneous796 1998-05-05 13 TVvRADIO and Learn. 11-00 The Vampire Returns. 3.00 NewssToday Followed 12.00 MN Entertainment 2.30 PM TV Innovations. By Afternoon At The News Express. 4.00 Kidz Blitz: Classic Movies South Pacif- 1230 AM Orange Road. Speed Racer. \c (See Our Choice). LlO City Spy. 430 Hot Rod Dogs Cool 4.00 News796 words
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Miscellaneous160 1998-05-05 13 CRYPTIC CROSSWORD 30 Shopworn time off midwinter afternoon? (5.73) oddly to be very formal (5,2*) IBfimil SOLUTION wmn 15 River rose in spate filling Mpi. iplslTlnlFlplplMlnlpfßM 1 Not apparent's one's next in this? (9) line (4,11) 16 Time to speak out for us (3) i 2 One agrees to come160 words
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EXECUTIVE LIFESTYLE
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Article, Illustration515 1998-05-05 14 VEN SREENIVASAN - Club membership brokers expect gloomy outlook for '98 as transactions were down 50% in Ql, says yew smmiVASAy VEN SREENIVASAN THE advertised price for several prominent Singapore golf clubs hit record lows in April as the regional financial crisis continued to knockFILE PHOTO - 515 words
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Article, Illustration956 1998-05-05 14 Susan Tsang - FILM By I Susan Tsang AT the Silver Screen Awards of the Singapore International Film Festival, Iranian director Dariush Mehrjui spots the master of ceremonies. "Isn't that the MTV guy?" he remarks, and is soon posing for a photograph with Mike Kasem. QuiteARTHUR LEE - 956 words
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267 1998-05-05 14 HEALTH Reuters [NEW YORK] Government scientists are excited about progress with tests on two cancer drugs that are eradicating any type of cancer in mice, the New York Times reported on Sunday. The drugs, known as angiostatin and endostatin, have been made aReuters - 267 words
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Page 14 Advertisements
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Advertisement39 1998-05-05 14 jf/tftAe iisbtr (A. AM atr a t(z a The Rttt-Carlton* MILLENIA SINGAPORE Call 434 5118 now and find out how you can enjoy more for your dollar. 7 Raffle* Avenue, Singapore *****9. Tel: 337 8888 Fax: 338 0001. www.ritzcarlton.com.39 words
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COMPANIES & MARKETS
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Article, Illustration407 1998-05-05 15 Jenny Lam - Agreements revised in view of concerns over potential conflict of interest By, Jenny Lam [SINGAPORE] Four medical specialists who are selling majority stakes in their practices to Asiamatrix will no longer be giving profit guarantees following a restructuring of the sale and purchase407 words
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363 1998-05-05 15 Annette Pau - Analysts point to flat Q3 results and say tliey're not surprised By, Annette Pau [SINGAPORE] Investors yesterday dumped Creative Technology's shares, making it the top loser on the local bourse with a loss of $2.40, or 7.3 per cent down, at $30.50,363 words
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331 1998-05-05 15 Eddie Toh - From! Eddie Toh in Kuala Lumpur THE Securities Commission (SC) has pledged to ensure that there will be no repeat of the loss of confidence in the regulatory structure sparked by the controversial RenongUnited Engineers Malaysia (UEM) case last year. "All the issues331 words
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792 1998-05-05 15 Loh Hui Yin - HOCK LOCK SIEW Loh Hui Yin Assimilating a new acquisition is never easy. It would be more so for Singapore Airlines should its proposed purchase of a 25 per cent stake in rival carrier Thai Airways International materialise. Apart from the792 words
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Article, Illustration194 1998-05-05 15 Patrick Yeoh will also head Tnan Sing nnit SPP from Jnly 1 [SINGAPORE] Property group Tuan Sing Holdings said yesterday former DBS Bank president Patrick Yeoh will be appointed chairman of the company and its construction subsidiary SPP Ltd with effect from July194 words
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234 1998-05-05 15 AFP, Reuters [KUALA LUMPUR] Malaysia's Securities Commission yesterday issued letters to Omega Securities Sdn Bhd and Alor Setar Securities Sdn Bhd to show cause why their licences should not be suspended or revoked. Both had earlier been placed under trading restrictions as "theyAFP,; Reuters - 234 words
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REGIONAL COMPANIES
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518 1998-05-05 16 Loh Hui Yin - Tax-free payment from govt for giving up fixed-line monopoly by 1999 Reports by] Loh Hui Yin in Hongkong THANKS to a hefty exceptional item, Hongkong Telecom's net profit was hoisted to HK517.03 billion (553.5 billion) for the year ended March 31, rising518 words
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Article, Illustration324 1998-05-05 16 NOT getting Singapore's second fixed telephone line licence recently could well have been a blessing in disguise for Hongkong Telecom. Emphasising that his remarks was not a case of sour grapes, Linus Cheung, the company's chief executive, said:324 words
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Article569 1998-05-05 16 Loh Hui Yin - Cash-strapped group raises HKs99m from motorcycle unit sale From. Loh Hui Yin in Hongkong CASH-STRAPPED CP Pokphand, which is part of the giant Charoen Pokphand group of Thailand, has sold one of its assets in China in a bid to survive. However, the HK$99 million569 words
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351 1998-05-05 16 Bloomberg [MANILA] The Philippines' largest developer, Ayala Land Inc. says profit tumbled about 43 per cent. The biggest shipping company William Gothong Aboitiz Inc lost money. And brewing behemoth San Miguel Corp's profit fell by more than 90 per cent. Even Jollibee FoodsBloomberg - 351 words
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COMPANY Briefs
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94 1998-05-05 16 [SINGAPORE] DBS Bank has received acceptances for 139,961,550 shares to its rights issue, representing 96.82 per cent of the total number of rights shares offeted. DBS had offered 141,625,977 shares at $8.50 for each foreign share held and $6 for each local share held.94 words
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Article54 1998-05-05 16 [SINGAPORE] Goh Kian Hwee has resigned from the board and audit committee of Delifrance Asia with effect from April 30. Managing director Hugues Prince has also quit as audit committee member on the same day. Their places on the audit committee have been filled by Chan Wing54 words
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Article92 1998-05-05 16 Bloomberg [KUALA LUMPUR] Ekran Bhd said it used cash raised from a 300 million ringgit (5181.9 million) bond sale to buy back those bonds. The money was to have been used to finance the Bakun Dam hydroelectric project, which was shelved last year due toBloomberg - 92 words
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91 1998-05-05 16 Bloomberg [KUALA LUMPUR] Malaysian General Investment Corp (MGIC) said yesterday it plans to sell its brokerage unit to Tongkah Holdings Bhd, a company controlled by Mokhzani Mahathir, a son of Malaysia's prime minister. The move came after the Securities Commission gave MGI SecuritiesBloomberg - 91 words
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271 1998-05-05 16 AFP [KUALA LUMPUR] Standard and Poor's yesterday downgraded the local currency rating of Malaysian power company Tenaga Nasional Bhd from A-plus to A-minus and revised the company's outlook from stable to negative. The downgrade "reflects the pressure on the company's financial profile resulting fromAFP - 271 words
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211 1998-05-05 16 Bloomberg [SEOUL] Pohang Iron Steel Co said yesterday it will cut prices for steel used by Korean exporters by as much as 15 per cent, giving local auto manufacturers and shipbuilders a competitive boost. To offset the price cut, the world's second-largest steelBloomberg - 211 words
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INTERNATIONAL COMPANIES
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427 1998-05-05 17 Time Warner's Road Runer provides high-speed Internet access via cable TV Bloomberg [REDWOOD SHORES, California] Oracle Corp and Intel Corp will buy a stake in Time Warner Inc's Road Runner service, which provides high-speed Internet access over cable TV lines, according toBloomberg - 427 words
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Article, Illustration389 1998-05-05 17 Titanic expected to contribute USsllom in the quarter Bloomberg [SYDNEY! Analysts expect News Corp to poet an 18 per cent rise in third-quarter profit to A 5442 million (***** million) from AJ376 million a year earlier. According to the average estimateBloomberg; Source: Bloomberg - 389 words
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124 1998-05-05 17 AFP [LONDON] British engineering group Vickers, already in the process of selling off Rolls-Royce, is also seeking to tie its engine-maker Cosworth more closely with US giant Ford, the Financial Times said yesterday. The daily quoted Vickers as saying that "initial conversations"AFP - 124 words
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345 1998-05-05 17 Bloomberg [GUETERSLOH, Germany] Bertelsmann AG said over the weekend it would withdraw its application with the US Federal Trade Commission to buy Random House Inc and re-submit it to provide more information on the purchase's impact on US publishing. Stuart Applebaum, a spokesman forBloomberg - 345 words
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COMPANY Briefs
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74 1998-05-05 17 Reuters [NEW YORK) Microsoft Corp is warning Wall Street that any action by the US Justice Deportment to delay the arrival of its Windows 96 operating system could have "broad, negative consequences" fbr the entire personal computer industry, the Wall Street Journal reportedReuters - 74 words
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84 1998-05-05 17 Bloomberg [ADELAIDE] Southcorp Ltd, Australia's largest wine-maker, said it will sell three of its South Australia state vineyards as part of its plan to focus on premium f red varieties. The company said Southcorp Wines will sell its 870 hectare vineyard at Morgan and twoBloomberg - 84 words
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76 1998-05-05 17 Bloomberg [LONDON] Body Bhop International said it is in "advanced-stage" talks with a potential US partner about pooling its money-losing US businesees into a joint venture. The UK coemetks and health products chain I may reveal the details at its annual meeting onBloomberg - 76 words
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61 1998-05-05 17 Bloomberg [MELBOURNE] Telstra Corp, Australia's largest telecoms company, said it can double the number of digital network access llnee in the next three years. John Loeco, Telstra's managing director, said analysts' forecasts that the company's ISDN (integrated servlcee digital network) access llnee will doubleBloomberg - 61 words
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305 1998-05-05 17 US aoto parts maker spurns unsolicited bid from SPX Reuters [BRANFORD, Connecticut] Auto parts maker Echlin Inc said yesterday it agreed to be acquired by Dana Corp for US$3.6 billion (555.7 billion), rejecting an unsolicited US$3 billion bid from SPX Corp. The Dana deal,Reuters - 305 words
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FINANCE & COMMODITIES
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Article, Illustration462 1998-05-05 18 Even if they make strategic sense, a few will fail dne to execution risk Bloomberg [OMAHA, Nebraska] Billionaire investor Warren Buffett is sceptical about the wave of mergers that are remaking the banking and brokerage business in the US. "I thinkBloomberg - 462 words
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192 1998-05-05 18 Bloomberg [MANILA] Bank of the Philippine Islands said its profit rose 3 per cent in the first quarter as provisions for probable loan losses grew almost eight-fold. The banking unit of Ayala Corp said its net income climbed to 1.499 billion pesosBloomberg - 192 words
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324 1998-05-05 18 Govt decides to cat the price it pays to gold producers Reuters [SHANGHAI] At least 40 per cent of China's 1,200 gold firms wUI lose money in 1996 following a government decision to cut the price it pays producers for their gold,Reuters - 324 words
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156 1998-05-05 18 Bloomberg Reuters [OSLO] Christiania Bank ASA, Norway's second-larg-est bank, said insurer Storebrand ASA turned down a merger proposal which would have created Norway's largest financial services company. The proposal follows a failed attempt backed by the two companies to combine last year, which wasBloomberg; Reuters - 156 words
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207 1998-05-05 18 SIM HI Report [SINGAPORE] Simex Euroyen futures were slightly easier yesterday but dealers said the fall was not significant as trade was very thin with both Japanese and London markets closed. Trading will resume in Tokyo tomorrow, after the Golden Week break. The most207 words
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165 1998-05-05 18 Cecilia Loh - Msa TAIWAN futures Cecilia Loh Cecilia boh, service dealer, Refco Singapore [SINGAPORE] The MSCI Taiwan Stock Index futures gained 1.90 points in co-rela-tion with Taiwan stocks, which rose 67.14 points for the first time in a week on the possibility of the central165 words
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275 1998-05-05 18 ENERGY REPORT Reuters [WASHINGTON] The same trio of oil-producing nations that cut global output in March will meet again this week to discuss ways to give prices another lift, the Saudi Arabian oil minister said yesterday. Although world oil prices have increasedReuters - 275 words
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Article295 1998-05-05 18 AFX-Asia AFP THE US dollar and sterling succumbed to selling and eased against the mark in late afternoon trade yesterday amid fears German interest rates will be lifted in an effort to farther establish EMU after the weekend summit in Brussels, dealers said. The summit officially endorsed 11AFX-Asia; AFP - 295 words
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347 1998-05-05 18 HDCATME MATURITY mn»Ai«r. C<X 5£ tunmtr WWST OFMBOF GROSS MATIWTY YtAARAIStD RATE AMU* PAYMENT ACCRUED ACCRUED KOOOTON <*»*> <*•> DATES NTBtST MEREST) 17:® ,Jf9310Qft 1993 3 1030.00 1/7 1/1 119 ***** 2.10 N*****1X 1996 11/4 1000.00 1/7 1/1 IF 9990 ~T» 18347 words
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192 1998-05-05 18 Bloomberg [JOHANNESBURG] Liberty Life Association of Africa Ltd, South Africa's biggest publicly traded insurance company, and Standard Bank Investment Corp (Stanbic), the largest bank by assets, suspended merger talks, citing disagreement on price. Both companies' boards of directors will make a decision onBloomberg - 192 words
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Article, Illustration1159 1998-05-05 18 MTBKlJUni CE0MBATB8 May 4 M «g OM tCW Ffr Om W Mti9M» Vw 8w 98 »«Wli Hm SI OmO Mr iT$ Hmt W 0.927 6.171 0 505 1970 1B0 1011 ***** SLUT 1902 1712 1375 1160 20.562 2S300 10M 1209 1900 ********** UN 1047 CM 1079 1792 1031 482 12471,159 words
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Article1324 1998-05-05 19 MOOMfPTUEES May 4 MM m at 13«ia) ISS1 CONTlACTtt cwrtaty Ctoaa VMM OpM yuk ,n aa. wy Igw Hu uWWI) ImirfH JmN 121.75 119. 50 119.50 50 SIS MM 09.50 29* km 90 ***** SIS Ja«90 122.75 1515 Oct/ftK 90 126.75 4650 Ja*hr99 ***** 900 A*r/J»99 135.00 ISS1,324 words
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Article1759 1998-05-05 19 tm* *h 3ICraup 590.000 audi AB Ports 356.200 3.200 AMay National 1114.000 -3.000 MM Domacq 627.400 9.400 Amac 189.000 7.000 Asda Group 205.000 3.600 •AT Ind 570.000 1.400 BGPIe 32A.OOO 6.000 WCC 170.000 2.000 ■OC Croup 1030.000 1.000 BR Patroioum 95X400 8.000 •TR 200.600 2.200 •aakafScpttand 734.0001,759 words
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Article, Illustration1463 1998-05-05 20 Reuters jUI HONGKONG stocks drifted to a lower close yesterday with liquidity drying up as cautious investors remained on the sidelines with little news to spur buying, brokers said. The Hang Seng Index ended off 124.26 points, or 1.18 per cent, at 10,439.42 after hitting a low of 10,401.82.Reuters - 1,463 words
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Article, Illustration508 1998-05-05 20 Reuters FlShamkaiß Index +080 CHINA'S hard currency B shares closed mixed yesterday after a holiday on Friday as a rebound which started last week pushed the Shenzhen market higher but fizzled in Shanghai. The B share markets had gained sharply on Thursday led by rises in oversold stocks withReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 508 words
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Article346 1998-05-05 20 AFP PjWPhia «fU4 TAIWAN stocks rebounded 0.8 per cent yesterday on strong buying of technology shares, dealers said. "The technology sector set the lead to reverse the downward trend," said Tsai Chingchih of Chihyang Securities Investment. The Taiwan Stock Exchange Weighted Price Index rose 67.14 points to 8,360.60. TurnoverAFP - 346 words
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Article, Illustration657 1998-05-05 20 Bloomberg DOwpdUhla 48 INDONESIAN stocks fell after the government raised fuel and transport prices, effective today, increasing the likelihood of more social unrest. "On the one hand it's good they're complying with the International Monetary Fund, but I worry about the social unrest that's coming up it's unavoidable," saidBloomberg - 657 words
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Article, Illustration786 1998-05-05 20 AFP DsEfhig -ma THAI stocks plunged 2.8 per cent yesterday as investors waited for the resignation of top officials in the central Bank of Thailand, analysts said. An analyst with Kiatnakin Finance and Securities said governor Chaiyawat Wibulswasdi's resignation after the market's close was a psychological factor overhanging sentimentAFP - 786 words
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Article291 1998-05-05 20 AFP n Manila *218 PHILIPPINE share prices rose 1.2 per cent yesterday due to bargain-hunting, analysts said. The Philippine Stock Exchange Composite Index rose 26.8 points to close at 2,208.12 points. Volume fell to 994.6 million shares worth 1.158 billion pesos from the previous session's 1.03 billion shares worthAFP - 291 words
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Article411 1998-05-05 20 AFP nOwnpoatelalg -14.73 SHARE prices yesterday closed 3.6 per cent lower on the Korea Stock Exchange over worries that labour unrest would worsen as the government vowed to punish illegal strikers, dealers said. "Investors are worried labour unrest will continue and worsen as militant unions have threatened to holdAFP - 411 words
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Article587 1998-05-05 20 AFP QAlONkarin *8J AUSTRALIAN share prices gained 0.3 per cent yesterday in thin turnover. The Australian Stock Exchange's main indicator, the All Ordinaries Index, rose 8.1 points to 2,812.3. National turnover totalled 260.71 million shares worth A 5662.5 million. The All Industrials Index climbed 25.6 points to 4,821.9 whileAFP - 587 words
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Article253 1998-05-05 20 AFP n Wellington -ISJ NEW Zealand stocks fell 0.7 per cent yesterday, reversing early gains. The market rose more then seven points at the opening but spent the rest of the session in negative territory. The NZSE-40 Index lost 15.60 points to 2,237.69 on light turnover worth NZ557.5 million.AFP - 253 words
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KUALA LUMPUR STOCK MARKET
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Article8435 1998-05-05 21 INDUSTRIALS CBRSMMT pnARti Vol Day Mat Cap Mgfc Jlpw Cimpany hH -000 High Law Pft %mU 310 160 A|tnomoto 242 -3 4 246 241 13.4 96.1 148 72 Angk*s* 74 -1 44 75 72 17 109.1 NO 123 Appko Food Hlg 162 4 7 64 8 36# WO B*rj«y* Land8,435 words
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Article, Illustration364 1998-05-05 21 AFP PI Composite Index +L 46 MALAYSIAN shares ended 0.2 per cent higher yesterday on late local buying. shadowed by worries about the broad economy and corporate performance, dealers said. The Kuala Lumpur Stock Exchange's 100-share weighted Composite Index ended at 627.43 points,AFP - 364 words
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WARRANTS & OPTIONS
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Article3227 1998-05-05 22 MMt. LOAMS ft VMBANTS Laat Vrt Day Last Ou»t« A*9 Law Mm CiwjtKT KH **r- rOOO) Hit* L— fcgar SHar Pnca iu <" 3000 ixs 20.5 3160 'Acer W*****1 US$ 83 123 95 8.5 3164 AcmaW*****4 21 20 21 22 31*1 AJITech W*****7 28.5 -1 39 30 S m 31433,227 words
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Article187 1998-05-05 22 Ven Sreenivasan - WARRANT WATCH By' Ven Sreenivasan GEARING is one of the most important factors to consider in a warrant. This is because the higher the gearing, the more the warrant price rises when the price of the underlying share picks up. Let us take a187 words
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Article1942 1998-05-05 22 Transaction date M.iv 4 MALAYSIAN STOCKS u» w» cwpr iS» roow cv m <LST 139 28 ffli 5000 AISSSOc 61 53 as 63 603 61 64 To JJ 14 24.* 62.6 653 123 mi 9001 AMOS 50c 28.5 unch 147 2U 283 28.5 28 53 J8 8.5 IUJ1,942 words
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5776 1998-05-05 23 rSlu4l too* Or Or M Wt HLJ1 Lart Vat Day LastOuata Otv Otv YM Nat Cap Av« Hl<h ««M» Company SM 1000) High Law gggr S»IKr C w P/E_ $mM Prtca INDUSTRIALS 43 18.5 a 1020 ACE 0ynamics60c... 25 205 25 25 24 25.55,776 words
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Article1113 1998-05-05 23 Iddtftldte M Oh W M C* Aw| Wt< »tW C imp any Sate rOOO) Hl» L— Buyr War Cw P/l tn EHca 134 92 d 2000 AMHW«sSc 102 unch 21 102 100 101 102 49a w3 243 7* *2049 AS Auto tOc 170 -2 39 172 «M 189 1721,113 words
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STOCK EXCHANGE OF SINGAPORE
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Article219 1998-05-05 24 Stocks volume Ejsyfcnit HKlOc 8,472,000 Single* 15c 8,013,000 STEnggKk 4,305,000 'Rekapacific B»i 3.986,000 SIA Foreign 2,662,000 Keppel Corp 2,322,000 *TanChong50c 2,223,000 'Renong Bhd 50c 2,069,000 •M Resources 1,984,000 HKLandUSIOc 1.933,000 Stacks SIA Foreign 27,040,207 SingTel 15c 21,714,660 DBS Foreign 18,458,622 SPH 16,265.769 Creative T 25c 11,843,841 Keppel Corp 9,436,300 0C8C219 words
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Article, Illustration58 1998-05-05 24 Shiv Taneja - -by Shiv Taneja UOB Foreign closed 30 cents lower yesterday at $7.20 on a volume of 1.02 million units, compared with its 10-day traded average of 1.83 million shares. The daily and weekly RSI and Stochastics are oversold, but the medium-term outlook continues to be negative. The sell58 words
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Article, Illustration600 1998-05-05 24 Ven Sreenivasan - Market watchers say near-term prospects bearish given S'pore's exposure to region's events STOCK MARKET COMMENTARY By Ven Sreenivasan [SINGAPORE] Singapore shares continued to slide southwards in thin trading as the market remained stuck in a bearish rut following the long May Day600 words
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ON THE GRAPEVINE
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Article168 1998-05-05 24 THE hotel and service apartment market in Shanghai is suffering from a big drop in demand from the Japanese and the Koreans, traditionally its two biggest group of clients. Talk is that a large number of Japanese and Korean expatriates have moved from the higher end (monthly168 words
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Article65 1998-05-05 24 WHO gives buyers of executive condominiums a $40,000 subsidy—the developers or the government? Going by an advertisement in the Chinese paper by Pideraco Land, it is the developer. Marketing its Rivervale project in Punggol. Pidemco said there are 40,000 reasons to choose Rivervale because "we give qualified65 words
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Article148 1998-05-05 24 ACTOR Peter Ustinov once famously observed that he'd be chary about living in Australia since, to an alien visitor, it would have looked so large and unoccupied it would have been the perfect landing site. Well, somewhere in the vicinity of Adelaide this week, according to a report148 words
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Article74 1998-05-05 24 WE'VE all heard about the 5Cs, now Hotel Inter continental at Bugis Junction is pushing the 6R concept to preserve the environment. Its mission statement for the environment is, "reduce, recycle, reuse, rethink, rationalise and recover". This works so well that the 6Rs has generated a seventh74 words
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Article89 1998-05-05 24 HE WLETT-Packard has gone to town to broadcast it* role in the World Cup *98 soccer tournaments in France, ft is the "official supplier" and will deploy 75 types oTHP products, including2,ooo mnirtiwrita PCs, at 10 venues throughout Franca. The event, beginning June 10, is expected89 words
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Article98 1998-05-05 24 MEGASTEEL, the new supersteel mill of Malaysia's Lion group, will open its doors in October or November. With a capacity of 2.5 million tonnes of hot rolled coil and sheets slated for domestic consumption, Lion group claims that it will save Malaysia 3.2 billion Malaysian ringgit (S| 1.3898 words
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Advertisement204 1998-05-05 15 nl INTRODUCING THEJNOVADO VIZtO: A POST-MODERN PERSPECTIVE ON TIME. j Vizio means "vision"... fIH VTi in the international language of "Esperanto". The name of this watch, £t as well as the sculptured box that nkul MCI encases the Movado Vizio, embodies V J? the 115-year Movado philosophy MEk Vj|jk *VK204 words
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Page 16 Advertisements
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Advertisement311 1998-05-05 16 Goods Services Tax Workshop on Partial Exemption The GST input tax which a business incurs is not always recoverable. Generally, only input tax which pertains to making taxable supplies is recoverable. This principle, however, is not always easy to apply in practice since businesses can make both taxable and exempt311 words
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Advertisement94 1998-05-05 16 If you want a quick start to your business ventures in Russia or the CIS, fly direct with Aeroflot. You'll enjoy Aeroflot Business Class, with VIP check-in and a tempting J selection served with complimentary wine. j' f V f I V AEROFLOT Russian International Airlines 15 Queen Street, #0194 words
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Advertisement1302 1998-05-05 17 New Toyo Holdings Ltd (Incorporated in the Republic of Singapore) 9 NOTICE IS HEREBY GIVEN that the 2nd Annual General Meeting of the Company will be held at 68A Senoko Road, Singapore *****9 on Wednesday, 20 May 1998 at 10.00 a.m. to transact the following business:AS ORDINARY BUSINESS 1. To1,302 words
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Advertisement97 1998-05-05 18 FORO MOTOR CREOIT COMPANY rig Rett Nolit Dim April 28, 2006 (Common Cod* No.: M757C7 MM No.: US34SM7 RX36) (CU«P No.: *****7 RX3) I* accordjnee with the leans of the document! governing the above-refer enced Note*, notice it hereby given Hut the laterest Rate per aanum for the laterest Period97 words
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Advertisement96 1998-05-05 18 FORD MOTOR CREDIT COMPANY Hoatfng Rata Notaa Duo February 13, 2003 (Common Codo No.: M 4110) ISM No.: U*****57 RV7M (CUSIP No.: *****7 RV7) In accordance with die term* of the documents governing the above-refer-enced Note*, aotice is hereby given that the Interest Rate per aaaum for the Interest Period96 words
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Advertisement8 1998-05-05 18 Jfc 11* <»• A MOMS PWnTWU MAOj MH tiOSMtNM^^8 words
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Advertisement9 1998-05-05 18 d&uswesa tSeroice/d&ro<luct&/ The Straits Times Classified Classifications 201-266 CAT^9 words
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Advertisement38 1998-05-05 19 ♦The Tokyo stock market wax closed yesterday. The secret of success is... Taking the right course, of course. Study the wide range of courses available in the Education/Training section in the Classified classifications 700 to 799 ffl CATS.38 words
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Advertisement18 1998-05-05 21 Make The Straits Times Classified your first pit stop when 1 shopping for your car or motorbike. fcV18 words
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Advertisement8 1998-05-05 22 CASH FOR YOUR SHARES QUICK EASY with shark8 words
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Advertisement7 1998-05-05 23 Excellence "Imagination NEVER important ACCIDENT- KNOWLEDGE J7 words
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Advertisement265 1998-05-05 24 BUSINESS Xo tiers Liquidation Sale by Tender No. 5 Serangoon North Ave 5 2-year old, 5-storey light industrial building Well-fitted out with clean room facility foodcourt Tenure: JTC Leasehold 30+30 yrs wef 1 Oct 1994 Land area: Approx. 193,000 sq ft Built-in area: Approx. 390,300 sq ft Tender Closing: 2265 words
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Advertisement293 1998-05-05 24 WMGTAI WING TAI HOLDINGS LIMITED 5562,000,000 Floating Rate Notes Due 1999 In accordance with the provisions of the Notes, notice is hereby given that the Floating Rate of Interest for the period from 5 May 1998 to 5 August 1998 (92 days) is fixed at 6.3125% per annum with a293 words
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Advertisement554 1998-05-05 24 M THE MATTER OF THE COMPAMES ACT. CAP SO AMD M THE MATTER OF BAN HUAT MACHMERY PTE LTD (lnro*po*a>ad In Bio RaputoOt el «wp»ore) MEMBERS' VOLUNTARY WMOMG UP At an Extraofdbwry Oanaral Maating ol the mambars ol Ota abovanamed company duly corwanad and hald at ISO MMdte Road #17-04554 words
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Advertisement334 1998-05-05 24 NOTICE IS HEREBY GIVEN that, I Animugam Sathguni of Blk 15 #03-23 Ghim Moh Rd Singapore *****5, have applied for a Retail Liquor Shop Licence in respect of M/s Asha Provision Shop located at Blk 4 #01-160 Jalan Bukit Ho Swee Singapore *****4, and that this application will be considered334 words
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Advertisement462 1998-05-05 24 In The Mailer of The Companies Act Cap. 50 And In The Matter of BAAL INTERNATIONAL DEVELOPING PTE. LTD. (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP Al an Extraordinary General Meeting of the Membeis of the above named Company duly convened and held al D-2 Villa Tang Ying 3217 llongmci462 words
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SHIPPING TIMES
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Article291 1998-05-05 25 Bridge News, Reuters TRADING remained sluggish for both Panamax and capesize trading with the May Day holiday curbing trade. But rates remained strong for handles and handymaxes from east coast South America. Trading all but came to a halt on the futures market with just 1 token trade.Bridge News,; Reuters - 291 words
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Article264 1998-05-05 25 mmmmmmam m* w CWT Distribution 0.74 *0.06 5 ChuanMu* 0.50 *0.005 73 Cosco Invastmont-040 Fralght Links OJI unch 50 GBHsMngt 0.285 Hal Sun Hup 0.53 -0.025 34 MKaehlZooan 0.685 -a 015 33 IMC HoMmgs—HK 5.60 Jaya Holdings 0.455 -0.01 6 a Shipyard 7.85 -0.05 230 Corp 4.08 -0.18264 words
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Article, Illustration489 1998-05-05 25 AUSTRALIAN DOCK TURMOIL Court orders reinstatement, administrators to decide on jobs Reuters [SYDNEY] Australia's High Court yesterday ordered the reinstatement of 1,400 unionised dockers whose sacking on April 7 plunged the ports into turmoil and the country into its gravest industrial crisis forReuters; REUTERS - 489 words
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212 1998-05-05 25 Bloomberg [SYDNEY] Lang Corporation chairman Chris Corrigan yesterday said his company will fund a return to work by the dockers he sacked last month, though he warned the operation will quickly collapse without the introduction of major reforms. The Lang subsidiaries, which employedBloomberg - 212 words
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346 1998-05-05 25 Felix Chan - By] Felix Chan [SINGAPORE] Chinese authorities have arrested 12 Indonesians on suspicion of hijacking the petroleum tanker Petro Ranger and smuggling in Chinese waters. The Malaysian-flagged tanker was hijacked in waters bordering Malaysia and Vietnam on April 16, a Chinese official said yesterday.346 words
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Article, Illustration59 1998-05-05 25 [HONGKONG] JetfoU Flores (centre) is sandwiched between Hongkong rescue vessels, following an accident when the jetfoil ferry, carrying 236 passengers enroute to the Portuguese enclave Macau, hit a sunken vessel in Hongkong waters, injuring more than 110 passengers and five crew. Injured passengers, including foreignAFP - 59 words
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236 1998-05-05 25 Marcus Hand - By\ Marcus Hand [SINGAPORE] The International Association of Independent Tanker Owners (Intertanko) is continuing to explore setting up an office here as its fourth bi-annual Tanker Event opened here yesterday. Speaking at the Singapore Tanker Event opening ceremony yesterday, Barry Desker, chief236 words
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369 1998-05-05 25 P T Bangsberg - China Shipping Development Go Ltd discussing farther restructuring From P T Bangsberg in Manila CHINA'S second largest shipping group, still struggling financially, expects more assets to be injected from its parent. China Shipping Development Co Ltd is part of China Shipping (Group)369 words
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Article, Illustration1135 1998-05-05 26 DUTCH AIR INDUSTRY The world's first commercial airline has decided that it has to work hard, and to form alliances, to survive Holland Horizon [ROTTERDAM] SHORTLY before the New Year, KLM Royal Dutch airlines and Alitalia announced that they are to work together, an importantHolland Horizon; FILE PHOTO - 1,135 words
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210 1998-05-05 26 PAGE DjafcUoyd 9 l£l 9 Dongnama 3 AMI 3 ECl 5 Accord lmo AcKMnship 5 A"*" 1 6 Astro 3 Austral 9 foongSun 8 BSA T CUnk 4 j Gamartrans 8 ss :sr 2 CCNI 7 .11 H* 3 c HW^A 6 C0SC0210 words
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Article22410 1998-05-05 34 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser V«M Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Ottfn Name Nam* Sumotr Number SIN D*st'n Nam* Nam* Number Number JHHMMMBMMMMMNMMMMMNMMNMMMMMMMNNMMHMMMI 11/05 03/06 NSCSA VILLE OE VELA N25W (S iflOM) A 12/05 04/04 CMA VILLE OE VELA N25W 65-*****22 To ABIDJAN22,410 words
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SHIPS IN PORT
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Article746 1998-05-05 39 V«sm< Voy No Brth Arrival [>t>6rturo JM| M AroM|oy3168 5 J04 tMqu&t 05.05/0*00 Amuuw I 3/98 J02 llooprti 04 05/2130 Araud* 5 M JB 04.05/2300 H 2MAY96 JO) ataqsMt 04.05/2200 M C Sontoso *****6 XII otanqsMt 05.05/0200 H Ftakorto Mint J01 ikxkjskJ# 04.05/1400 M Hon* Joy *****6 J01746 words
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Article1416 1998-05-05 39 kco*m or DOhm ra comtjuncm amp lci camp looUnf/Manc* Rstts SWp Voy Wo Ett/ttr Nrtoi fw To Fw um*n OITW 07A200 M OVHOO OVBM OVUM 04/1JOC OVltM U OVTTOO OVOtM OVOtOC a 0V?00 OVOtSt ovotoo J 35, ex :VM 4 OVBOO owe* OVTTOO ha Sot UM 07/0700 M1,416 words
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Article196 1998-05-05 39 May B Japan: Children's Day. Mexico: Battle of Peubia Day. Netherlands: Liberation Day (civil service). South Korea: Children's Day. MayS Denmark: General Prayer Day. France: Victory Day. May 10 Indonesia: Waisak Day. May 11 Malaysia: Vesak Day. Singapore: Vesak Day. Thailand• Vlsakha Bucha. May 18 Canada: Victoria Day.196 words
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Article890 1998-05-05 39 THIS rsport compiled by Cockatt Marine Oil Ltd. showtprlce range* In US dollar* instead of "f** price* tor a more comprehenat ve description of the market Price* shown are baaed on nip ilied Mam MarkM movement* are Indicated. The Cockatt Bunker Price Index change and the890 words
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Article457 1998-05-05 39 CartM NO Mm 9912 0.9 iO.O 0.11 123 0.06 Apr 30 BmmNt Mir ImMn AM (Mki lillwit No Mom E2S 1 0 1 I 0 %M/M 300 Am 906.4 02 tt.4 0.06 30 0.03 [n, 300 Max 992.9 2.0 194 O.M 72 0.00 ■*1 »»A »MI457 words
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AIR & LAND TRANSPORT NEWS
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Article, Illustration227 1998-05-05 40 Rivals are competing for a contract from British carrier worth np to USs2b AFP [LONDON] British Airways, a faithful client of Boeing, is increasingly interested in buying aircraft from rival Airbus, The Times reported yesterday, quoting company sources. The two aircraft makersAFP; FILE PHOTO - 227 words
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Article, Illustration291 1998-05-05 40 Felix Chan - By'. Felix Chan [SINGAPORE] Canada 3000 has taken delivery of the first Airbus A 330-200 widebody twinjet with another slated for next month under a lease contract with launch customer International Lease Finanace Corporation (ILFC). The Canadian charter operator's fleet of A330-200S willFILE PHOTO - 291 words
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Article164 1998-05-05 40 DHL teams up with Kuehne Nagel Bernama [KUALA LUMPUR] DHL Worldwide Express, one of the world's leading international air express service providers, has formed a partnership with international freight forwarder Swissbased Kuehne Nagel. In a statement, DHL said Kuehne Nagel would use DHL's air express network to provide door toBernama - 164 words
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476 1998-05-05 40 Guilford to pay USs2BJ>m for straggling airline Reuters [MIAMI] Beleagured Pan Am Corporation has made known that it has another possible white knight awaiting in the wings to save it this time a New England railroad company. Pan Am said that Guilford TransportationReuters - 476 words
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Article1517 1998-05-05 40 cm yuan ita ruon nt hi* wa AtaOhaU 6A97S 1035 NatV* ***** 540 764W *35 crm zm mm aw *wo bb MM IA7J01 mo 0A7362 2055 ItoCMM* VK741 O* SOI74 M05 0T01 W30 OfM 2055 S0TT3 1*5 1*740 MO mat za» woo na kmtmUm $0327 07551,517 words
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Page 25 Advertisements
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Advertisement24 1998-05-05 25 Dutch carrier ELM forms alliances for size It has decided that it has to work hard, and to form alliances, to survive. Page 224 words
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Advertisement266 1998-05-05 25 People ■QQ£f Peter Hansen has been appoint- ed as vice-president for southern J 1 Singapore Sh.pptng Association has the Asia by Polar Air Cargo. Based in following training courses m May Hongkong, Mr Hansen will be re- Principles of Shipping Documentation sponsible for operations, sales Practices 12 May 30 June266 words
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Advertisement20 1998-05-05 25 El may switch from Boeing to Airbus: report Rivals are competing for a contract worth up to USs2b Back Page20 words
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Page 26 Advertisements
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Advertisement806 1998-05-05 26 SUPER SHUTTLE EXPRESS ll !<*** KARACHI EXPRESB (QKX) rasa votage ifii s» rosa voy jea mm mm mi ax. m sin Hwsu m/m omr" pmnbuotdiahram wT ij/m is/w is/m m/m »jm m/m li/w ooaa«u 22W515 is/M our monbuovdmmi item/m n/ts m/m m/m n/u m/m v/u LSSSt If mn. ME 17/806 words
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Advertisement94 1998-05-05 26 A SANKYU (S) PTE LTD 'W 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX; *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAN PORTS Mom Kanm 1 M China Pf lIWY THug j tim Yftlfl 1 Vissa VOY FTP SIM ETA TTO ETA KOI ETA YOt ETA HGO ETA94 words
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Advertisement617 1998-05-05 26 Lines services represented by Members of the Registry of Singapore Freight Forwarders Accredited Shppng Agents Association Sngspors Shipping Association Retrieve More Information On Sailings 24-Hours-a-Day Through Our Fax-on-Demand System from The Shipping Guide To Use This Free Service, Just Call 740*6000 EXPOS! 3 X Lpon 2 Hongkong •1 Man*, 1617 words
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Page 27 Advertisements
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Advertisement1048 1998-05-05 27 SAX SERVICE (DIRECT) vtssa voy swra ux oak pai hou o« an iw «i nw APITUMUOKI OlAf 06/05 21/ OS 25/05 25/05 26/05 26/05 26/05 26/05 27/05 27/05 mswft 0021 13/05 28/05 01/06 01/06 02/06 02/06 02/06 02/06 03/05 03/05 AWSAKDONYX 0031 20/05 04/06 01/06 00/06 09/06 00/06 09/06 o>/061,048 words
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Advertisement2128 1998-05-05 27 I 0 HANJIN SHIPPING HANJM SHIPPING (SI'PTI 119 I** /frm. km am MOUMG 37M73S 737 SALES *****74 731 DOCUMENT 32*0771 774 OPEUIKMS *****41 757 MAIN UK *****5S FAX 777*40 a NO: *****93M0QM TO NW USA A CANADA USA f AMAPA* ww/vor mm an imlhaul/vot stA iw iw w lon w2,128 words
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Page 28 Advertisements
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Advertisement1496 1998-05-05 28 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MEDITERRANEANCANAD A VOT SIM LEH RTW ANR HAW »RV FU VESSEL VOY "siiT" JED GIT SPE FOS VLC MTR HANJIN SAM FRANCISCO WNBI9 t$ OS 22 05 24 05 25 05 27 05 »05 2616 I6NSINA WMI22 17 OS 11 OS 24 05 211,496 words
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Advertisement1233 1998-05-05 28 MY YML Internal WM Sit* http: //www.yml.com.tw AJUU4< rtk 4 E Aaa, v**™* oxlo MY n*««r VESSEL VOY LEH FXT HAM ANR HFA SIN MING SUN ABIIE SLD SLO SLD SID SID 05/05 MING GALAXY ABI2E SLD SLD SLD SLD SLD 12/05 GIBRALTAR BRIDGE ABI3E SLD SLD SLD SLD 05/051,233 words
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Advertisement432 1998-05-05 28 LINE nil *****56 FAXt ISS9IIS MUARA LABUAN vissa vor no eta vissii vor rro tu SPOt! MUMA SPOM UN tftftGUMY VIII/ 90 06/05 Of/OS UMGIOfY VII f/M 04/0$ 10/ OS inosrat via/w io/os u/os Jwospb via/w 10/05 u/os APMGUXT VI2I/91 is/OS U/OS APMGiOKY VI2I/90 IS/OS 10/0S J. PROSPBI VI3I/91 20/05432 words
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Advertisement1399 1998-05-05 29 [VESSEL VOY SIN POU PKO PEN BLW BUW DUB BA BIK IRANVAHDAT PJL 1284 21/05 30/08 IRAN TAKHTI PJL 1288 28/08 08/08 07/08 IRAN TEYFOURI PJL 1287 08/08 15/08 18/08 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLANO POINTS IN IRAN ft CIS COUNTRIES I.E. A2ARBAUAN. ARMENIA. KAZAKHSTAN. UZBEKISTAN, TURKMENISTAN. KIRGISTAN, TAO2HIKISTAN ft1,399 words
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Advertisement1113 1998-05-05 29 DIRECT SAILING TO SHANGHAI ft XIMGANG 1 V SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TIL 226 1900 FAX: *****00 OUTWARD (l/l) *****02 JOHORE OFFICE; COSTAR SNIPPING Ml ITO #17-01 DOS HOC SALES/IMS *****41/43 INWARD DEFT (0/0) *****55 CO STAR AGENCIES (M) SON BND CI MO: 117»7>*****0 TOWER TWO (*****9) CONVENTIONAI1,113 words
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Advertisement598 1998-05-05 29 l ir—, EASTERN CAR UNER, LTD.'^'sX^ V_tJ Ea (SINGAPORE) PTE LTD 2S^mS!L 1 SPEOAU2E IH ROUP HEAVY LIFT UTTO 122 TOWS E(l (SINGAPORE) PVf 09 LOADING FOR PORT KLANG/KUCHING/KOTA KINABALU LONG BEACH TACOMA/ VANCOUVR MV -SUN DANCE" V.37 MV "SUN DANCE" V.37 ETA SM 07/05/98 ETA PKI 06/05/98 ETA SIN598 words
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Advertisement1288 1998-05-05 30 EIHWIt/Wl/SCAWDIMWfIMUUIO/BUMI* RGPI RDM ANW HBG THP ZEE LMW I LHV THP ROM ANW HBG PKL SGP r 17/05 05/06 10/08 06/06 08*8 09/0« 10/08 lE. GALLANT RE-OSS 13/04 15*4 14/04 16/04 11/04 11*5 12*5 OgWTE RW-Otl 24/05 12,06 17/00 13*0 1V0« 10*0 17*0 E GROUP RE 050 10*4 21*4 20*41,288 words
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Advertisement845 1998-05-05 30 Carrier MM CONTR UNES, INC 1 -I\V J cm MO. 1W7»Q000« SBU: (084) *****9 MANILA: (632) *****24 PBiANG: (04) *****38 BANGKOK: (662) *****87 SUfUBAYM3I)»IMO P. KELANG. (03) *****77 JKT: (21) *****07 MDN: (61) *****3 KUCHKQ (QOglSsM MANILA OINOA/lARCIIONA/LIHARVI MV "PIYA BHIIM" V.94E MV "MSC ROSSELLA" V.9818-3 ETA SIN: 08-05-98 ETA845 words
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Advertisement354 1998-05-05 30 NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL I WT I SIM I fUI I PW I (W I l/MT mmiQuta tarn i«/ds ?2/ps ?t/ps ao/os 02/04 MimiMUGOU toots 24/05 02/04 04/04 10/04 miUIWIKt VO22S 2S/0S 07/04 ~M/04 mnuvaus VO27S 02/04 10/04 14/04 11/04 21/04 gUBHjgR VOOSS 09/04354 words
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Advertisement406 1998-05-05 31 BSA -L M MYANMA «BBk FIVE STAR LINE (Myoßmar National Lin*) W Loading for Yangon (Rangoon) VESSEL VOY SIN PKG PEN PGU MERGUI 143W SU> (AGO 102W 10/0S MALAYSIA AGENTS: lOUSTEAD SHIffMG AGENCIES KUL m 01-03-*****00 PKL HI 02-03-376*101 PEN: TEL 02-04-2****** PGO: IE 02-07-*****21/4 BANK LINE (A Sf»kt a(406 words
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Advertisement1217 1998-05-05 31 A HYUNDAI MERCHANT MARINE CO. UP. Ivcsa yarn* sou ibi i btm I awt haw I—v I m Ivcsa voY|sou[ifli|»m|ANT|HAwlwvlmlMj| NOI PEARL 311W 06/05 21/05 22/05 24/05 27/05 NOITOURMALME *****7/04 11/04 12/04 14/04 05/05 DANUK 304W 07/05 25/05 30/05 27/05 21/05 HY ADMIRAL 3121 13/04 11/04 15/04 lA/04 07/05 TYNE1,217 words
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Advertisement1034 1998-05-05 31 nom apian ipaaakrad oufcxoman JRJBJmiHELMSEM (ZtSSS/S ■V MM L/\£S TO NORTH AND LATIN AMERICA "*ORO HEAVYUFT SERVICE* [VISSfI VOY RAMP HIiGMT SiH LAX CKI MIA SAV lAI Off NYC WW MM TAMPERE FIIO 400 Tom 6.3 M 1W 10/0* Wo* 2275*" 2470*" HkJW TTJW "WOT WST WST TEXAS Fill 40011,034 words
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Advertisement637 1998-05-05 32 ANQKOK/LAIM CHAIANO JA K ART A/PAN J ANQ VESSEL VOY SIN si<K LCH VESSEL VOY Sifi JKT PJN Km BHUM** 52N In Pt 08/05 OEJA BHUM 746S In Pt 08/05 07/05 BANI BHUM 96N In Pt 09/05 06/05 XETHA BHUM 231 SB 07/05 09/05 SWK3 OCEAN OCNQ7S 06/05 09/05 XETHA637 words
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Advertisement405 1998-05-05 32 IBINTANG MAS SHIPPING PTE. LTD 30 NEIL ROAD, SINGAPORE 0206 TEL: *****68 FAX: *****64 TLX: R*****6 SINMER -A CR No: **********0W Receiving Cargo at PTI I Blwtulu I Muara I VISSII VOY SIN |TU ¥!SSB WY 5* MUA ism mm oun/os 14/05 mm mn mm 12/05 IMtf V9W6E 16-17/05 72/05405 words
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Advertisement842 1998-05-05 32 H XICCORD A SHIPPING PTE LTD C 9 TIL *****15 (40 L«n«.) FAX *****30 KXTUMG <031M7 1001 V« M M DIRECT ACCESS Til: *****55 (EXPORT BOOKING) HSMGUWtC i It7l *****77 J *****34 (IXPO6T DOC), *****99 (IMPOST) JJJiSS U*L: HTTP://WWW. ACCOHD.COM. SO WUUtU (il) *40 0779 PORT KM SIN PORT HA842 words
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Advertisement369 1998-05-05 33 INDONESIA NATIONAL LINE TO EUROPE T~ EXPRESS SEMI-CONTAINERISED SERVICE ~m VOT rTroRC jA DiUI/M O«M|H'IURQ iMIMEMIANTWCRP A VESSEL WMMHjfIJ 22/06 27/06 OMIT 2/7 TO AUSTRALIA 1 FULL CONTMNER SERVICE m IwY pSffBT FEE UK I SYD Ma MM WL UK KASUBAI IK 2M< 2M4 IMB OMS 11« IMJS 17« nomumiM»K7sts369 words
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Advertisement989 1998-05-05 33 ADVANCE CONTAINER LINES (PTE) LTD API 140 Cacil Street, #12-00, PIL Building. Singapore *****0 Li TEL: *****21, FAX: *****19, TELEX :RS ***** ACLPL CR NO. **********0E OPERATIONS: *****60/ *****06 BANGKOK JAKARTA (WMkly i Sl|i PAT/2 Slgt LCH/1 Sl« BUT) (5 S«llt^AlM*r Vissa VOY SM KKK VESSa VOY I SM JKT989 words
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Advertisement808 1998-05-05 33 _t^jggg§Bl VBgELS I VOV an JED WA 1 la I H»M tmp I rim I zee 1 JAUEDEVELA H29H 12*08 20*06 28*05 31*08 01*06 oa*o6 CXVO6 04/06 VWXEOEQ6MHA H39tt 19*06 27/08 01*06 07*08 08*06 10*06 10*06 11/08 VUSPOWON V29M 26*06 03*06 08*06 14*06 15*06 ~j?W 17*6~ w6e~ J V-LE OE808 words
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Advertisement53 1998-05-05 36 ■aTAJ I STEfll Dial 740-6000 on demand —(Retrieve more schedules!) Press "1" Select the port and key in ST yl the four digit code eg: To New York (NYC) 2275 steQ Key in your fax number Enter your phone number lli < Another innovative service offered by CT The document53 words
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Page 39 Miscellaneous
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Miscellaneous124 1998-05-05 39 LEGEND: R Thunderstorm Temperature 0q V Shower Weother -Y Wind direction with speed m knots 00 Ram V^_/ Cloudy Sky Wov h«ght Surfoce wind* ore indicated by arrows which Hy with the wind 0 One fui circle represents calm or kght and variable wmds One ha* Heche represents 5 knots124 words
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Advertisement68 1998-05-05 40 "BUSINESSCENTRE Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. Call 740-6000 ST Press" 1" key in Document Code Key in fax number your phone number S»S 11 1 i mm '-ft. B9 I i x ®ZL- I I Tt g coutseno«. If:?68 words
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