The Business Times, 9 June 1998
1998-06-09
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The Business Times
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Title Section13 1998-06-09 1 THE BUSINESS TIMES MITA(P) 110/12/97 85« SINGAPORE Internet: http://www.asial.com.sg/biztimes TUESDAY, JUNE 9, 199813 words
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Article70 1998-06-09 1 □sr n U2&57 (-39.89) BT-SM ***** (-19.16) nBTOOHP U 97X10 (-32.10) fnBTMGA Lfls6U4 (-21.11) fyMAUETMOOD: 14 Dm woci MiiiBT mwcES Monday Change KLSE COMP 497.79 -7 M NIKKEI ***** 71 -28.72 HANG SENG 8JHC.63 +17.16 SETT INDEX ***** -S.7S JAKARTA COMP 408.42 419 MANILA COMP 27.17 TAIPEI WPI70 words
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Article76 1998-06-09 1 F0BEX1ATES ust ss us$ 1.7 n £(US$/S$per£) 1.632 2.793 DM 1.777 0.963 YEN 140.4 1118* RM 4.063 0.427 HKS 7.741 6.221 BAHT 43.46. 0.039 RL'PJAH 11.706 6.016* St to too unta PRIME BATES SINGAPORE* 7.88 KUALA LUMPUR 11.50 JAKARIA 58.60 BANGKOK 14.75 MANILA 52.90 HONGKONG 10.26 TAIPEI A8# SYDNEY76 words
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1018 1998-06-09 1 Conrad Raj - Move is part of 5-pronged plan to make S'pore an Asian financial hub By I Conrad Raj [SINGAPORE] In a radical move to lift banking disclosure here to international standards, Deputy Prime Minister Lee Hsien Loong announced last night that Singapore1,018 words
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Article, Illustration449 1998-06-09 1 Larry Wee - More weakness ahead unless central hanks act in concert By Larry Wee [SINGAPORE] Asian currencies tumbled through key levels as the yen finally broke through 140 to the greenback in Asian trading yesterday. As the yen fell to a low of 140.70Source: Bloomberg - 449 words
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Article, Illustration54 1998-06-09 1 Aussie goes under 60 [SYDNEY] A Bankers Trust trader watching the progress of the Australian dollar on the Queen's Birthday public holiday in Sydney yesterday. The Australian dollar has slumped to under 60 US cents for the first time since July 1986, with the currency trading at 59.70 US cents.AFP - 54 words
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Article311 1998-06-09 1 R Sivanithy - Brokers cite yen's fall, Wee Cho Taw's slowdown comments By\ R Sivanithy [SINGAPORE] Regional stock markets took a further drubbing yesterday from weakening currencies and worries over the worsening economic crisis. In Singapore, the Straits Times Industrials Index fell a hefty 39.89 points or311 words
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472 1998-06-09 1 Louis Beckerling - Company statement to SES says family to divest 50.6% stake By\ Louis Beckerling [SINGAPORE] The Jumabhoys are selling their entire controlling interest in Scotts Holdings, after having fought a long-drawn and costly courtroom battle over the family's shares in the service472 words
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Page 1 Advertisements
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Advertisement113 1998-06-09 1 IMBUIH Wags carte far dvil For the first time since 1966, civil servants will not get any NWC wage increase this year, P* 2 Moving ti Singapore Hitachi is shifting a large portion of its dynamic random access memory (DRAM) chip production from Germany and Japan to Singapore, Pg2 Mi——i113 words
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Advertisement10 1998-06-09 1 Wall St safe from bears if economy's intact, Pg 1510 words
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Advertisement41 1998-06-09 1 No hidden reserves: bank shareholders benefit, Pg 3 BO Lee's speech, Pg 5 BIS annual vaport Asian woes could get worse: BIS, P0 f China may devalue yuan, say forex chiefs, y( B! On A ifl m i E j Wx41 words
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SINGAPORE AT HOME & ABROAD
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Article, Illustration503 1998-06-09 2 Carol Eng - Va -month cut in July bonns; Dec payout to be set when economic picture is clearer By i Carol Eng FOR the first time since 1988, civil servants will not get any NWC wage increase this year while the variable bonusSource: FMD - 503 words
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377 1998-06-09 2 Jennifer Lien - Plan is to consolidate output to two liases in S'pore, Japan By, Jennifer Lien JAPANESE conglomerate Hitachi is shifting a large portion of its dynamic random access memory (DRAM) chip production from its plants in Germany and Japan to its joint venture Singapore plant.377 words
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214 1998-06-09 2 PRIME property in Singapore is the second most expensive in the world, surpassed only by luxury homes in London, according to US-based property company Corcoran's International. The 1996 edition of Corcoran's report on the most expensive cities in the world, prepared in April,214 words
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269 1998-06-09 2 MOTOROLA Inc's announcement last week of 15,000 layoffs worldwide has no immediate impact on its Singapore workforce yet, a spokesman said on Friday. But announcements on where the layoffs will occur could be made in the next few weeks as the269 words
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225 1998-06-09 2 GEMSAFE, a smart cardbased solution against e-mail spoofing and illegal corporate intranet and extranet access, was launched worldwide yesterday by the world's leading smart card manufacturer, Gemplus. The solution package consists of a Gemplus smart card, a smart card reader and installation software.225 words
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Article395 1998-06-09 2 Kan Yi Kang - EYE ON THE ECONOMY Outlook By Kan Yi Kang OVERSEAS Union Bank (OUB) has cut its forecast of economic growth for 1998 to 1.7 per cent, "with risk to the downside", the bank said. It sees the economy growing 2.1 per cent in the395 words
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Article, Illustration515 1998-06-09 2 Catherine Ong - Staff expansion not a 'boll market' action: Asia-Pacific chief By i Catherine Ong SALOMON Smith Barney has dismissed criticisms of its aggressive hiring of staff amid a severe downturn in Asia's financial markets, saying that its present strategy isn't "dependent on a bullARTHUR LEE - 515 words
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376 1998-06-09 2 Ven Sreenivasan - By Ven Sreenivasan THE Singapore economy is unlikely to slip into recession this year as its growth will be fuelled by healthy external demand from its key US and European markets, according to SG Securities. The Singapore-based broking unit of FVench financial376 words
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Page 2 Advertisements
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Advertisement123 1998-06-09 2 The best For fine Cantonese food with extraordinary value, Hua Yuen is where you should meet! Only the Hua Yuen Chinese Restaurant offers superior Cantonese cuisine in a comfortable and relaxing setting that is ideal for discussing business. Lovingly prepared by our Hong Kong Master Chef Li Chak and his123 words
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ABS' 25TH ANNIVERSARY
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Article, Illustration722 1998-06-09 3 Siow Li Sen Ven Sreenivasan - Bankers hail govt move to increase transparency in banking sector By\ Siow Li Sen Ven Sreenivasan BANKERS have embraced the government's decision to do away with banks' hidden reserves, agreeing with Deputy Prime Minister Lee Hsien Loong that it will allow investors toLIM SIN THAI/THE STRAITS TIMES - 722 words
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Page 3 Advertisements
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Advertisement116 1998-06-09 3 It's tough times like these that bring out the best. 1998 Enterprise 50 nominations are now open Companies can nominate themselves by completing the official nomination form. Companies must be home-grown, privately-owned and incorporated under Singapore's Companies Act (1994 Revised Edition) with four years of audited statements. Nomination forms are116 words
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Advertisement135 1998-06-09 3 Buy It. Sell It. Find It. Classified. ff& CATS. Call Today For Results Tomorrow. 1800-737-1166 Emirates, Airline of the Year. See inside for details. At this year's OAG Airline of the Year awards, Emirates walked off with Best Airline for Food and Wine, Best Cabin Crew and Best Economy Class,135 words
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FOCUS: PROPERTY
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Article, Illustration503 1998-06-09 4 Ang Wan May - Industrial sites for Linkpoint Place stalled due to slow demand fty. Ang Wan May [SINGAPORE] WORK on Far East Organisation's three industrial sites in Tuas, for which it paid a total of $250 million, has stalled for at least a year now due to503 words
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Article945 1998-06-09 4 Property auctions coming up THURSDAY, JUNE 11 (2.30pm) Grand Plaza Parkroyal, Ballroom 1 iOIHCIOV ilUlt 34 34A Berwick Dr: pair of 2 1/2-storey semi-D,2,659 2,637 sq ft resp/999 yrs" 827 Mountbatten Rd: 2-storey semi-0,6,011 sq ft^H" 66 Emerald Hill Rd: 3-storey conserved building, 1.506 sq fW=H" 139/141/143/145945 words
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Page 4 Advertisements
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Advertisement497 1998-06-09 4 SHOWROOM/FACTORY AT ALEXANDRA z' ALEXANDRA ROAD —7if— C Carnage I**l o LENG KEE ROAD <f/ /■tr*aa*A L__ht>Zj~" /W/\ *U*G CHQNG RQAn Performance 741 —ss!_v J j XOK BAHRQ^X A 2-storey Showroom/Factory/Office Building Prominent double road frontage HDB 99-yr leasehold wcf 7.11.1955 (56 yrs left) Land area 30,870 sf Built-in area497 words
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Advertisement179 1998-06-09 4 ♦The Property Column hai been held over Corporate Industrial Building in Tampines FOR SALE Land Area Approx. 161,500 sq ft Built-in Approx. 108,000 sq ft Tenure HDB lease 30 +30 years w.e.f. 1989 Excellent condition Ideal for corporate identity F6r more details, please contact Sole Marketing Agent CB Richard Ellis179 words
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FOCUS
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Article, Illustration3893 1998-06-09 5 We reproduce below the full text of Lee Hsien Loong's speech which he delivered yesterday at the 25th anniversary dinner of the Association of Banks in S'pore I AM happy to celebrate with you ABS' 25th anniversary. Your growth as an industry association hasLIM SIN THAI/THE STRAITS TIMES - 3,893 words
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ASIA'S ECONOMIC SLUMP
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545 1998-06-09 6 BIS ANNUAL REPORT International loans to Asian non-banks dropped by USs9b in Q4; bank still upbeat on world economy AFP Reuters [BASEL] The worst of Asia's troubles may be yet to come, the Bank for International Settlements warned yesterday,AFP; Reuters - 545 words
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526 1998-06-09 6 US$ should be 21% lower against mark, 33% lower vs yen Bloomberg [LONDON] The US dollar is "noticeably overvalued" on a trade-weighted basis, by 21 per cent against the Deutschemark and almost 33 per cent against the yen, the Bank for International Settlements said yesterday.Bloomberg - 526 words
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516 1998-06-09 6 But HE chief exec says he does not see Beying devaluing the currency Bloomberg [GENEVA] China's currency may be devalued in coming months to help its exports compete with trade rivals whose currencies have tumbled recently, said the heads of foreign exchange atBloomberg - 516 words
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384 1998-06-09 6 Neil Behrmann - But they're more upbeat about European bourses From, Neil Behrmann in London AFTER being optimistic in the first quarter, US and UK fund managers have become highly bearish about prospects for Asian equities, according to a June survey by Gallup384 words
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Article, Illustration529 1998-06-09 6 Anthony Rowley - It also slides against mark, in ihwo of intervwiitira; Nikkei dips 29 points From, Anthony Rowley in Tokyo THE yen fell decisively through 140 to the dollar yesterday and also touched a sixyear low against the German mark and other currencies, as foreign exchangeREUTERS - 529 words
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570 1998-06-09 6 Unit breaks crucial 60 US cent level to 59.71/76; seen tailing lower today Reuters [SYDNEY] The Australian dollar plunged towards an all-time low yesterday after US and other hedge funds renewed their speculative attack, forcing the currency through the crucial 60 USReuters - 570 words
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Article, Illustration444 1998-06-09 6 Harish Mehta - 7b-8b baht invested through private vehicle SC Asset From Harish Mehta in Bangkok THAI telecoms tycoon-turn-ed-politician Thaksin Shinawatra is taking advantage of the economic crisis and relentlessly buying discounted commercial complexes and apartments across the nation, a local newspaper reported444 words
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400 1998-06-09 6 Quak Hiang Whai - Yam says govt should be flexible on land, housing policy From< Quak Hiang Whai in Hongkong HONGKONG Monetary Authority chief executive Joseph Yam yesterday said the economic slowdown in Hongkong would extend into the third quarter and that the government needs to400 words
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REGION
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Article, Illustration588 1998-06-09 7 Shoeb Kagda - Opposition leader aid head of Islamic group to decide in 3-4 months' time Prom Shoeb Kagda in Jakarta WITH one eye on the presidency, opposition leader Amien Rais is considering forming a new political party to contest the next general election. Speaking588 words
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747 1998-06-09 7 S N Vasuki - Mm pats some 26 private power projects in jeopardy From\ S N Vasuki in Jakarta IN a decision that has serious implications for foreign power companies with contracts in Indonesia, the state-owned utility PT PLN has cancelled a power purchase agreement with a firm747 words
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166 1998-06-09 7 JAKARTA Reuters INDONESIA's former president Suharto plans to hold a news conference today when he is expected to counter charges of illegally amassing a fortune, the Jakarta Post reported. Since Mr Suharto's retirement on May 21, the former first family has faced mounting pressureReuters - 166 words
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319 1998-06-09 7 KUALA LUMPUR M'si&n premier says govt can conduct trade by barter AFP Bernama Reuters MALAYSIA'S Prime Minister Mahathir Mohamad yesterday said the government was no longer worried by the fluctuations of the Malaysian ringgit. "We are not very concerned anymore," he was quotedAFP; Bernama; Reuters - 319 words
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418 1998-06-09 9 Quak Hiang Whai - From Quak Hiang Whai in Hongkong PROPERTY consultant Brooke Hillier Parker (BHP) yesterday unveiled what it claimed to be the first singlepurpose property investment fund in Asia that will back a project in mainland China. BHP, which is the asset manager418 words
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380 1998-06-09 9 Lu Ning - SINGAPORE First batch to include ships, coal, electronics and machinery: report By- Lu Ning CHINA will unveil this month the first batch of sectors that will enjoy increased export tax rebates, the state media said. The list would include the exports of ships,380 words
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Article, Illustration300 1998-06-09 9 ISLAMABAD AFP FORMER Pakistani cricket hero Imran Khan on Sunday offered to raise US$l.5 billion (552.6 billion) within six months for the Self-Reliance Fund (NSRF) if the government guaranteed transparent utilisation. Prime Minister Nawaz Sharif should pledge the donation would be usedAFP; FILE PHOTO - 300 words
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319 1998-06-09 9 WASHINGTON Congress' misgivings not seen preventing automatic renewal Bloomberg [WASHINGTON] The US Congress will probably renew China's "most favoured nation" trading status, even though the issue is clouded by allegations that the country sought sensitive US satellite technology, Senate Majority LeaderBloomberg - 319 words
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372 1998-06-09 9 PAL pilots' strike Strike by pilots has scared investors away, says airline AFP [MANILA] Philippine Airlines (PAL) said yesterday it was on the verge of bankruptcy after potential foreign investors called off talks following a crippling pilots' strike which entered itsAFP - 372 words
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271 1998-06-09 9 NEW DELHI Settlement reached over control of joint venture firm AFP THE Indian government and Japan's Suzuki Motor Corp agreed a peace pact yesterday, ending a long-running power struggle over control of their joint-venture car company. Parliament heard that Suzuki had agreed toAFP - 271 words
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Page 7 Advertisements
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Advertisement21 1998-06-09 7 •Tung Centre •Parkway Parade •A-Z Building •Paya Lebar Road For details, please contact owner: Tel: 437 6853 437 6872 534 313221 words
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Advertisement218 1998-06-09 7 hoe t/te /i/ssf m f/te (o()/*/</ to see t/ie /atext i (frtj I tmteftieeex. SINCERE FINE WATCHES MASTER WATCHMAKERS FAIR lor the tir-4 time ever in watch- 4 14 JUNE 1998 innovators dedicated to the advancemaking history, the world's leading #01-12 NGEE ANN CITY ment of v ltchmaking. And they're218 words
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Page 8 Advertisements
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Advertisement139 1998-06-09 8 I YOU'VE OOT $71® MILLION TO IMPROVE I I THE LIFE OP THE BUSINESS TRAVELER. I I I I Ho w do you spend it? I I 41 I l I I ur I i Hfc Js Mdi I To give all our customers a piece of the pie, we're139 words
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Page 9 Advertisements
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Advertisement175 1998-06-09 9 UNIVERSITY OF UNIVERSITY OF SOUTH AUSTRALIA LOUISVILLE Adelaide, Australia TO 2s B Sch lS OfUH o*°* zvou* IUJ ivjßP* Jtepl gglSra sjl JLtfrl phdHmba Doctor of Philosophy in 1891 -tz—l Business Management 2nd Intake 18 June 98 I Intake •28 June '98 Nationally accredited by AACSB The First and Only175 words
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Advertisement20 1998-06-09 9 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. [cats. Another Classified Service20 words
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Advertisement141 1998-06-09 9 *jmt: Br Mil r kSZ/lanning the next With the right financial resources behind you At IFS, we help tomorrow's movers and shakers make the right moves today Because we understand how Factoring can meet the needs of a business that's growing, through Credit Risk Protection and Assessment and Immediate Cash141 words
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Advertisement12 1998-06-09 9 **«■<!• oa der PAL to take back sacked pilots, Shipping Times Pg 1612 words
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THE WORLD
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413 1998-06-09 10 LONDON He says he intends to bear down further on govt spending, borrowing Reuters BRITAIN'S Chancellor of the Exchequer, Gordon Brown, announced yesterday he intended to bear down further on government spending and borrowing in a bid to reduce tyie national debt.Reuters - 413 words
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361 1998-06-09 10 LONDON FT THE French government is to allow banks to freely determine interest rates payable on a range of taxable savings accounts, in a significant step towards the deregulation of the financial services sector imposed by the creation of theFT - 361 words
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110 1998-06-09 10 LONDON Reuters BRITISH train operator Virgin Rail, part-owned by billionaire entrepreneur Richard Branson, is expected to announce plans for a £250 million (***** million) flotation next week, sources said yesterday. Final fine-tuning of the flotation is underway this week after rail regulator John SwiftReuters - 110 words
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427 1998-06-09 10 LONDON May data shows still subdued pressures at start of supply chain Reuters CORE output price inflation in Britain fell to its lowest level for over 30 years in May, official figures showed yesterday, confirming price pressures at the start of theReuters - 427 words
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WORLD Watch
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Article59 1998-06-09 10 AFP [ABUJA] Nigerian leader Sani Abacha died at dawn yesterday, army chief of staff Abdulsalam Abubakar announced. Diplomats attending the annual summit of the Organisation of African Unity in Ouagadougou said Gen Abacha had already been buried at his birthplace of Kano in northern Nigeria. He diedAFP - 59 words
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69 1998-06-09 10 Reuters [LUXEMBOURG] European Union foreign ministers yesterday banned new investments in Serbia to demonstrate to Yugoslav President Slobodan Milosevic that the EU will not tolerate the use of military force in Kosovo. The statement said the EU remained ready "to press ahead with otherReuters - 69 words
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Article, Illustration63 1998-06-09 10 Reuters [LISBON] A model presents a dress decorated with crabs, dolphins and plants on the Design 21 Fashion Show at the Expo-98 World Fair on Sunday. Hie second edition of Design 21 devoted to the theme of the oceans and promoted by Unesco for emerging fashion designersReuters - 63 words
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Article54 1998-06-09 10 AFP [BONN] Britain yesterday called on European Union countries to aim for a 9 per cent cut In carbon dioxide emissions by 2006-2012 in the framework of the UN Kyoto protocol on the environment The EU has tentatively backed a 8 per cent reductionAFP - 54 words
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Article57 1998-06-09 10 AFP [LONDON] Hereditary seats in Britain's House of Lends are to be abolished as part of a wholesale reform of the upper chamber of parliament, the government announced yesterday. However, the Labour government failed to set out its vision for the final shape of theAFP - 57 words
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400 1998-06-09 10 WASHINGTON Reuters LEGISLATION to overhaul the US' Depression-era banking laws has sparked interest in the Senate, but time is running out for enacting the reforms, experts say. The bill that would allow banks, securities and insurance firms to get into each other'sReuters - 400 words
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Page 10 Advertisements
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Advertisement79 1998-06-09 10 'M- t V > <*>»»■ and we'll help you enhance your company profile Corporate celebrations are opportunities to have a total communication approach in enhancing your company profile to your business associates and customers. It may be a grand opening, launching ceremony, company anniversary, ISO certification, ground-breaking ceremony or a79 words
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Advertisement725 1998-06-09 10 4 SHQWPLA SHOWPLA ASIA LIMITED pnuuiuaMm m ot Singapore on Zt Jm> 1«77) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-First Annual General Meeting of Showpla Asia Limited will be held at Pan Pacific Hotel Singapore, 2nd Level, Room Gateway 2, Marina Square, 7 Raffles Boulevard,725 words
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EDITORIAL & OPINION
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Article, Illustration792 1998-06-09 11 Peter Lynch - THE BOTTOMLDVE OPINION By Peter Lynch The writer is a Sydney-based journalist who contributes to BT FIRST, he vacillated Finally, he is on the attack. But if there is one sad lesson from the past two weeks, it is that Australian Prime Minister John792 words
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Article137 1998-06-09 11 'If I paraphrase what Tanami said, that means 'Please buy the dollar'.' -Tetso Ailuwa a manager for foreign exchange at Samoa Bank, reacting to a statement by Japanese Vice-Finance Minister Koji Tanami that foreign exchange won't be a major topic when deputy finance ministers of the Group137 words
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Article582 1998-06-09 11 EDITORIAL CONTRARY to some predictions made in the aftermath of the Cold War, the United States has not turned isolationist As the only re 1 maining world superpower, it continues to project its military power in the Pacific and the Atlantic. Equally importantly, as the world's582 words
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Article, Illustration1326 1998-06-09 11 John Plender - To avert deflation, Tokyo most act radically bnt in the short term, this could hnrt more By John Plender FT CAN Japan summon up the will to escape incipient depression? The question is a matter of increasing global concern, as a weak yen spreads contagion across Asia andFT; FILE PHOTO - 1,326 words
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Article793 1998-06-09 11 Indonesia's new free press FREEDOM of expression, that inalienable right guaranteed by our Constitution, has flourished in Indonesia these past few months after being virtually missing for more than two decades. It has returned together with the current reform movement. Now with the old regime out793 words
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Page 11 Miscellaneous
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Miscellaneous46 1998-06-09 11 POOHESBUBY By Garry Trudeau A 9 TUB LAST OF TOO ...SeV&AL QUESTIONS HAN6 I SURS, SOME OF U5 WILL MEPIA SCANOAUSTAS H&VYIN THE AJR. UKS.MHAT JO OTHER SCANPULL 01/TOF U77L3 ROCK-~ MLLiVE PO WITH OURSELVES? I OALS, &UT MOSTHULL HAVE 7 U&e&I&SOFZOMHIXC' I TOSCFAMOLE TOfiNPA 546 words
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EXECUTIVE LIFESTYLE
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328 1998-06-09 12 Susan Tsang - FESTIVAL OF ARTS By\ Susan Tsang [SINGAPORE] Local theatregoers have been fed a diet heavy in experimental fare recently, with minimalist sets and scripts that require mental agility to jump through time and space. After all this, The American Repertory Theatre's Nobody Dies On328 words
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Article, Illustration779 1998-06-09 12 RICK LYMAN - The musical grabs six Tonys including the award for best director. bkjki>tium reports RICK LYMAN NYT THE Lion King, a daring mix of experimental techniques with a familiar story that was a critical success and a smashing financial one for Walt Disney Co, won the TonyNYT; REUTERS - 779 words
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Article, Illustration351 1998-06-09 12 Ven Sreenivasan - BT SOCIAL CLUBS INDEX Ven Sreenivasan THE price of social and recreational clubs traded on the secondary market continued to slide last month as bad news on stock and currency markets continued to take its toll on the club membership market. The seven-clubCompiled by BT - 351 words
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Article, Illustration659 1998-06-09 14 NBA FINALS Bolls root Jazz by a huge 96 to 54 giving them a 2-1 lead in the finals LATWP {CHICAGO] From the city that brought you the Valentine's Day Massacre and other great routs comes Bulls 96, Jazz 54, historic in its own right and nearlyLATWP; REUTERS - 659 words
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Article, Illustration600 1998-06-09 14 RUN-UP TO WORLD CUP Reuters [PARIS] If the battle between the players is half as aggressive as the battle between the kit makers, then the World Cup should be an actionpacked affair. Nike and Adidas, who are sponsoring six teams each during theReuters; FILE PHOTO - 600 words
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Page 12 Advertisements
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Advertisement1073 1998-06-09 12 EASTERN PUBLISHING LTD NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Shareholders of Eastern Publishing Ltd (the "Company") will be held at 8 Lor Bakar Batu #07-12, Singapore *****3 on 30 June 1998 at 11.00 a.m., or as soon thereafter following the1,073 words
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Page 13 Advertisements
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Advertisement174 1998-06-09 13 Where to wine, dine and t» m•«~ m W B™™ 1 60 Dishes I DELUXE FEAST fl Relish in our sumptuous Sichuan and Caqtonese dishes like Shark's FfftSoup with Cn&meat, Spicy Soon Hock, with Asparagus, Sauteed Prawns, Lunch: $23 (Adult) $18 (CMU) Auailabie Saturdays, Sundays and Public Holidays. Dinner: $26174 words
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Advertisement30 1998-06-09 13 II fennon^rasslfi^ THAI RESTAURANT Enjoy and savor the perfect v| combination of our innovative JB Thai specialties and friendly Hospitality. m, Also at The Heeren shop. ————————B I V Zoom30 words
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Advertisement31 1998-06-09 13 i K&UJ menu. PAOLO PING'S PASSIONATELY ITALIAN TASTEFULLY ChINES£ I 731-7*785 j to 140,000 I readers! SPACE! Advertise in HI SEE wme, Dine YOUR Entertain BUSINESS Renee Loh at 740 229031 words
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Advertisement68 1998-06-09 13 TV\ C M«'t yu I rial it in Cats' Mews/ Catch ItM i« Sid if Clittifiri this wttkni. j f§J CAML A. W tflMfcfc Super Value Set Meal Soup of the Day ft H##ff Salad Prawn in Ton Nest V =xm* <M»»# Pried Coffee Pott Rib. ***HR Pried Rice widiPfawffk68 words
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Advertisement114 1998-06-09 13 Jay RELISH PINE COURT CHINESE RESTAURANTS BEIIING DUCK POR ONLY $25+++ Reservations: 831 6*61/66 oa SETT Tiv, CHMM 555 Orchard toad. Singapore *****7 KSTAI*ANT Sunday 21 Jun* 12 pm-2.30 pin $28* (Adult) $19.50* (Child) More than just an international buffet, the Phoenix Garden Cafe's Father's Day special also offers door114 words
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Page 13 Miscellaneous
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Miscellaneous812 1998-06-09 13 TVVRADIO Jonny Quest. 3.00 Legend Of Liu Bo Wen. 6.00 News 5 Todav Followed 3.50 Pet House. 230 PM TV Innovations. By Wheel of Fortune. 4.40 Hong Kong Today. MBf* ww j 4.00 Kidz Blitz: Space &30 The Pyramid Game. 9JO Star In Person. t k I fs 7.00 News812 words
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Miscellaneous216 1998-06-09 13 CRYPTIC CROSSWORD 1 They may have nights out on 10 It should have a safety pin in it 11 Entangled but certain it can name (5) -Lh"~ 15 Tense seconds are, perhaps (9) !I_l—_C^-L—L_L_l._ .1. I I P 19 The setting for confrontation 22 It can turn into quite a216 words
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Page 14 Advertisements
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Advertisement285 1998-06-09 14 A IF —F*^ I to -1 ■r Philips Cjenie KFRee ill! I Qold/Ticanium QSCD ,n cS^Rjiß I J^H 3§ ''f >ariii-i-tfri t. At',- --i-,.*- jKX., if iti >~ ..j.^fett,' -'#fflP&9£B?&'*i:- p co 3>~y MiH (1 jjm ia^HH La ,^J SIDGTEL StriGlß. s philips T^i^cunp" Ld&Mrt&lkvys better '•■ci«p»i* Ttfc 475 3110285 words
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COMPANIES & MARKETS
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Article, Illustration496 1998-06-09 15 Wong Wei Kong - Even highly geared GLCs are deemed safe bets, as leans are assumed to be underwritten by govt By Wong Wei Kong [SINGAPORE] As corporate credit risks in the region rise with the deepening economic crisis, banks are keener than496 words
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Article, Illustration398 1998-06-09 15 Jennifer Lien - Turnover up 2&8%; currency translation losses affected sales By, Jennifer Lien [SINGAPORE] IT training provider Informatics Holdings yesterday posted a sluggish 4.7 per cent rise in net profit to |8.7 million for the year ended March 31, as currency translation losses398 words
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1047 1998-06-09 15 Andrew Marks - HOCK LOCK SIEW Andrew Marks HAT a difference a I few weeks can make. On May the Dow Jones Industrial W Average had climbed to 9,211.8, another record high and a 21.5 per cent gain since early January. Analysts1,047 words
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Article, Illustration405 1998-06-09 15 Ruth Wong - More brokers' licences expected to be revoked From Ruth Wong in Kuala Lumpur MALAYSIA'S Securities Commission hopes to entice more financially-sound stockbroking firms to salvage troubled ones by offering the incentive of branch operations. At a press conference yesterday, SC chairman405 words
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172 1998-06-09 15 [SINGAPORE! Within the next six months, Orchard Parade Holdings (OPH) is expected to launch Regent Grove, a 99-year leasehold condominium project in Choa Chu Kang, and The Blissville, a freehold condominium in Bukit Timah. In its latest annual report, OPH said that the sales172 words
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REGIONAL COMPANIES
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498 1998-06-09 16 Meera Tharmaratnam - If creditors reject plan, wind-up to proceed; officials say '97 losses dne to inter-company deals From. Meera Tharmaratnam in Kuala Lumpur WESTMONT Industries Bhd, which recently announced a loss of 715.6 million Malaysian ringgit (Ss3os million) in its revised 1997 figures, will know498 words
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252 1998-06-09 16 Eddie Toh - Media group's Utusan Printcorp sued over RM23,728 From Eddie Toh in Kuala Lumpur A SUBSIDIARY of influential media group Utusan Melayu (Malaysia) Berhad majority controlled by the dominant political party Umno is facing a winding-up petition. According to notices in Malaysian newspapers yesterday, Ski252 words
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175 1998-06-09 16 AFP [HONGKONG] Ratings agency Moody's Investors Service said yesterday it had placed its ratings on the debt of Hongkong-based Swire Pacific Ltd and its subsidiaries under review for a possible downgrade. The review reflects concerns over Swire's changing business profile from that of aAFP - 175 words
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Article, Illustration242 1998-06-09 16 Al Labita - CEO says CMMTC committed to USs2J>b skyway FYom Al Labita in Manila A FIRM controlled by the daughter of former Indonesian president Suharto yesterday denied rumours it would abandon its US$2.5 billion (554.3 billion) skyway project in the Philippines. "We are242 words
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Article, Illustration357 1998-06-09 16 AFX-Asia Bloomberg [HONGKONG] A number of banks have sold shares in Citic Pacific Ltd held as collateral against finance extended to chairman Larry Yung in December 1996, the South China Morning Post reported yesterday. The newspaper quoted aurces as saying that thereAFX-Asia; Bloomberg - 357 words
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448 1998-06-09 16 Company planning to sell part of its business to repay debts: analysts Bloomberg [BANGKOK] The Charoen Pokphand Group, Thailand's largest conglomerate, will combine four publicly traded agriculture units, which analysts said will make it easier for the company to sell a chunkBloomberg - 448 words
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138 1998-06-09 16 AFX-Asia [HONGKONG] British telecommunications giant Cable and Wireless pic is withdrawing its secondary listing on the Stock Exchange of Hongkong due to low trading volume, the firm said yesterday. The exchange's listing committee has approved the withdrawal of Cable and Wireless, a controlling share-AFX-Asia - 138 words
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COMPANY Briefs
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46 1998-06-09 16 [SINGAPORE] Singatronics' subsidiary Singatronics (Malaysia) Sdn Bhd (SMSB) has the go-ahead to list on Malaysia's second board. The 72-per-cent-owned subsidiary will list under a new holding company, Astral Supreme Bhd, which will acquire all its existing issued and paid-up capital.46 words
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Article46 1998-06-09 16 [SINGAPORE] The merger of Overseas Union Bank Limited (OUB) and International Bank of Singapore Limited (IBS) has been approved under the Banking Act The merger will take effect when, among other things, the certificate of approval is lodged with the Registrar of Companies.46 words
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38 1998-06-09 16 [SINGAPORE] Jurong Engineering yesterday announced the retirement of Shigeyuki Nakamura from its board of directors with immediate effect. Mr Nakamura also stepped down as a non-independent director and member of the company's audit committee.38 words
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73 1998-06-09 16 Elec Eltek beefs up Thai operations [SINGAPORE] Elec Eltek yesterday announced that it is beefing up its Thai operations. It will raise the capital of Elec Eltek (Thailand) Ltd (EETL) by 565 million baht (5522.2 million), and form a new 650 million baht subsidiary, Pacific Insulating Material (Thailand) Pte Ltd73 words
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Article25 1998-06-09 16 [SINGAPORE] Main board-listed Datacraft Asia has won a US$l2 million (5520.5 million) contract from the Fujian Post and Telecommunications Administration.25 words
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44 1998-06-09 16 [SINGAPORE] Tye Soon Ltd yesterday announced the appointment of Da vid Chong Tek Yew as executive director and group general manager from July 1. Mr Chong was assistant director of corporate finance for Standard Chartered Merchant Bank Asia Limited.44 words
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27 1998-06-09 16 [SINGAPORE] Singapore Airlines is extending its electronic ticketing facility to a fourth city, Hongkong. The service was introduced in September 1997.27 words
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367 1998-06-09 16 Bloomberg [KUALA LUMPUR] Malaysia's Promet Bhd said it's not "hiding anything", after auditors reported that the lossmaking engineering company gave them too little information to determine Promet's true state of affairs. Auditor Ernst Young noted in Promet's 1997 annual report that the companyBloomberg - 367 words
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INTERNATIONAL COMPANIES
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437 1998-06-09 17 New company will have USsl9lb in assets; will be named Wells Fargo and Co Reuters Bloomberg (SAN FRANCISCO] Wells Fargo and Co and Norwest Corp have agreed to merge in a deal valued at US$34 billion (5558.1 billion), the bankReuters; Bloomberg - 437 words
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355 1998-06-09 17 Analysts divided on when to start buying these counters again NYT [NEW YORK] When bad things happen to good companies, many investors start looking for buying opportunities. Such is the case with semiconductor stocks, which have been battered this year as oneNYT - 355 words
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COMPANY Briefs
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Article, Illustration97 1998-06-09 17 I utUMfijrraaa, tne Italian champion of minimalist fashion, has taken a 5 per cent stake in its rival Gucci, which built a fortune on its opulent style. The move is being seen as a prelude to an eventual bid for control of the97 words
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42 1998-06-09 17 Bloomberg [BAD HOMBURG, Germany] Fresenius AG, the world's largest provider of dialysis services and products, said it win buy Pharmacia Upjohn AB's International nutrition business outside Germany in a sale estimated at 800 million Deutschemarks (***** million).Bloomberg - 42 words
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Article59 1998-06-09 17 AFX-Asia [HONG KONG] Henderson Land Development Co Ltd secured about HKJ2OO million in cash from sales at its La Cite Noble and Dawning Views projects over the weekend, the Hong Kong Economic Journal said. The newspaper said Henderson Land sold 60 units at La Cite NobleAFX-Asia - 59 words
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55 1998-06-09 17 Bloomberg [TOKYO] Isetan reported that group net profit for the year ended March 31 sank 51.4 per cent to 2.56 billion yen (5131.1 million). Isetan posted a profit of 2.56 billion yen for the year to March 31 on sales 0f590.4 billion yen,Bloomberg - 55 words
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67 1998-06-09 17 Bloomberg [TOKYO] Intel Corp, the world's largest microchip maker, and SAP AG of Germany, a maker of business-management software, said they set up a Japanese subsidiary of Pandesic LLC, their joint venture to enable electronic commerce over the Internet. Pandesic KK will start businessBloomberg - 67 words
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Article325 1998-06-09 17 Largest memory chip maker to halt output for one week AFP Bloomberg [SEOUL] South Korea's Samsung Electronics Co (SEC), the world's largest maker of memory chips, will stop production of all memory and most non-memory chips for one week to tackle a worldwide glutAFP; Bloomberg - 325 words
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FINANCE & COMMODITIES
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492 1998-06-09 18 Asian traders say it's politically inspired and not viable economically Reuters [SINGAPORE] Asian oil traders gave a sceptical response yesterday to China's announcement that it has freed up oil price controls, saying the move was politically motivated but economically empty.. They saidReuters - 492 words
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284 1998-06-09 18 Bloomberg [TOKYO] Japan's major life insurers some of the world's biggest institutional investors are shunting more of their money into stocks and bonds overseas as an antidote to record-low bond yields and slumping shares at home. Sumitomo Life Insurance Co, Japan's third-largestBloomberg - 284 words
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349 1998-06-09 18 Exploratory talks broke down over the details, say sources Bloomberg [NEW YORK] Prudential Securities and Paine Webber Group Inc have held talks in the past several weeks about a combination that would create the United States' secondlargest retail brokerage firm, people familiar withBloomberg - 349 words
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165 1998-06-09 18 Bloomberg [WASHINGTON] The US Commodity Futures Trading Commission may ask for industry comment before proposing a rule to make it easier for foreign futures exchanges to set up electronic trading terminals in the US. That could add up to 60 days toBloomberg - 165 words
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273 1998-06-09 18 Bloomberg [TOKYO] Three of Japan's biggest banks Sanwa Bank Ltd, Dai-Ichi Kangyo Bank Ltd and Long-Term Credit Bank of Japan Ltd said yesterday they will close offices in Europe to cut costs. Prompting the retreat is the fact that Japanese banks have toBloomberg - 273 words
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205 1998-06-09 18 Reuters [TOKYO] Nippon Life Insurance Co and Bank of TokyoMitsubishi Ltd (BTM) each sold more than 30 million shares in Nippon Credit Bank Ltd (NCB) in the year to March 31, business daily Mhon Keizai Shimbun reported on Saturday. Nippon Life, NCB'sReuters - 205 words
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231 1998-06-09 18 SI IM KX Report Reuters [SINGAPORE) Simex Japanese government bond (JGB) futures closed higher yesterday with rollover to the September contract continuing to dominate market activity. "The market undertone is still bullish. JGBs are up again, but only on a 23-tick range for theReuters - 231 words
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189 1998-06-09 18 Charlie Kuo - MSCI TAIWAN FUTURES Charlie Kuo Charlie Kuo, service dealer, Rtfco Singapore [SINGAPORE] The Simex MSCI Taiwan Index futures dropped after a two-day rally on worries about the falling New Taiwan dollar against the US unit. The Taiwan currency sank to 11-year lows yesterday189 words
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225 1998-06-09 18 ENERGY REPORT Reuters [LONDON] Oil prices slunk lower yesterday despite keen Saudi Arabian efforts to lean on fellow producers for further output cuts. North Sea IPE Brent crude futures for July delivery were trading at U5514.26 a barrel at 1412 GMT, downReuters - 225 words
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Article290 1998-06-09 18 AFX-Asia Bloomberg London THE US dollar firmed marginally against the yen but remained well-supported within a tight trading range, following its ascent in Asia trade to the 140-yen level. The dollar finally broke through resistance at around 139.70 yen on its third serious attempt, heralding a longawaited moveAFX-Asia; Bloomberg - 290 words
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Article, Illustration1305 1998-06-09 18 PtTBRBAMK CROSS RATB8 Jun8 c$ r ptr o» m m i ngii y« w» m mzs p« t» p»» «r wn faM —a <n Australia 0.875 1W0 I.W 1.064 4.641 25.*****077 0J41 1381 2.397 1*0 26.698 23.748 1025 3.0«7 0.886 ***** ***** 0.367 0J99 Canada IM3 5.685 0.617 4.080 1.2171,305 words
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Article1564 1998-06-09 19 MCOM flTTUMS jun8 RU88ER (fatwts dm* at iMm) ISS1 CONTRACTS cMtsAg) CIom VofcMN Opon M— NMj Uw Sott (tan—I) Intorost M* M.75 1265 120.00 1265 Sop ***** ***** ***** 225 1090 Oct/Doc 9® 125.75 225 4500 99 190.75 129.50 130.50 1425 1575 Apr/Jw 99 134.00 75 ISS 31,564 words
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Article2156 1998-06-09 19 LOW OH Ml Nn 31 Croup 667.400 -1000 AB Ports 363.400 -1.000 Abbey National 003.000 23.000 AModDomocq 601.000 1.000 A/nec 208.000 ♦5.000 Asda Group 194.600 4.600 BAT tad 617.000 25.000 BCPtc 324.000 ♦5.800 BICC 161.000 4.400 BOC Croup 944.000 4.000 BR Petroleum 927.400 20.000 BTR 193.000 5.0002,156 words
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Article1606 1998-06-09 19 Bloomberg AFP Qnua -28.72 STOCKS traded little change 4 as top exporters such as Sony Corp gained after the yen plunged to a seven-year low against the dollar. That offset selling of companies sensitive to the domestic economy such as banks, retailers and railways. "People think if the dollarBloomberg; AFP - 1,606 words
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Article, Illustration1484 1998-06-09 20 Reuters yi Ham Seng +17.16 STOCKS ended yesterday largely unchanged after a choppy session that saw investors worried about a weak yen but encouraged by strong major overseas markets, brokers said. The Hang Seng Index added 17.16 points, or 0.20 per cent, to end at 8,586.63 after bouncing betweenReuters - 1,484 words
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Article, Illustration574 1998-06-09 20 Reuters kJ Shenzhen B Index -0.62 SHENZHEN'S hard currency B Share Index ended down slightly yesterday in thin trade as investors were reluctant to buy before Beijing announced possible policies to boost the market, analysts said. The index dipped 0.62 point, or 0.68 per cent, to 91.48 on turnoverReuters; Source: Credit Lyonnsis Securities (Asia) Ltd - 574 words
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Article379 1998-06-09 20 AFP DWPhin -46.41 TAIWAN stock prices fell 0.6 per cent yesterday due to the local currency's weakening on the back of the declining Japanese yen, dealers said. The Weighted Price Index dropped 45.46 points to 7,591.27, following a 1.7 per cent rise in the previous session. "Investors felt... thereAFP - 379 words
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Article258 1998-06-09 20 AFP Q Wellington -3L30 OFFSHORE investors pulled the plug on the New Zealand share market yesterday after credit rating agency Moody's cast a shadow over the currency last week. The NZSE-40 Index fell 31.30 points or 1.5 per cent to 2,104.40 on turnover of NZ$l4O.l million. Local market liquidityAFP - 258 words
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Article, Illustration688 1998-06-09 20 AFP n|O—oßtehig -OJO INDONESIAN shares closed slightly lower yesterday amid falls in regional currencies and ongoing political uncertainties, dealers said. "The political risk is just too high so it is much better to stay away from the market," a dealer with a regional brokerage said, adding that the. marketAFP - 688 words
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Article, Illustration779 1998-06-09 20 AFP n SET Intoi -6.71 THAI share prices fell 1.8 per cent yesterday on negative local sentiment and the weakening of the Japanese yen, dealers said, adding worse was yet to come for the crisiswracked economy. The SET broad-based Index finished down 5.79 points at 312.37 yesterday. International praiseAFP - 779 words
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Article300 1998-06-09 20 AFP nnwn> -27JT PHILIPPINE share prices fell 1.4 per cent yesterday on concerns the government would raise interest rates to rein in rising inflation. The Philippine Stock Exchange Composite Index fell 27.17 points at 1,930.59. Volume reached 377.33 million shares worth 667.23 million pesos. Ayala Corp closed 50 centsAFP - 300 words
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Article416 1998-06-09 20 AFP Composite lata +436 SOUTH Korea's stock market closed yesterday 1.3 per cent firmer but off Its highs, with the index boosted by President Kim Dae Jung's landmark US trip and by futures-led buying of blue chips, dealers said. Sentiment was also lifted by the cancellation of a strikeAFP - 416 words
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KUALA LUMPUR STOCK MARKET
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Article8553 1998-06-09 21 INDUSTRIALS Consumer priAicts 1996 Last Vol Day Nat Cap H>gl» Low ClfH *000 Hmi Low P/t W 310 180 Ajinomoto 228 12.6 92.4 148 62.5 Arxjkasa 66 -4 34 70 66 1.5 97.3 290 t23 Apollo rood Hlg 150 -1 1 150 150 4.4 60.0 388 190 BerJayaLand 239 -118,553 words
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Article, Illustration401 1998-06-09 21 AFP C 3 Composite Index -7.26 MALAYSIA'S key stock index ended 1.4 per cent lower yesterday dragged down by the weaker ringgit and differing views on interest rates. "The uncertainty surrounding the ringgit is making investors nervous," an institutional dealer with a local brokerage said.AFP - 401 words
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WARRANTS & OPTIONS
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199 1998-06-09 22 R Sivanithy - Republic Hotels wrt: interesting but WARRANT WATCH -By! R Sivanithy ONE of the problems with warrants these days that has been highlighted in this column is that many of them are almost indistinguishable from their underlying shares because the latter have collapsed so much. A second problem is liquidity: many199 words
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Article3392 1998-06-09 22 ■OHM* LOANS ft VARIANTS wt im Last Vol Day Laot Ouott Av« High Law Stno Company Sate Hr COOO) High Low Buyor Sailor Prtca 2X5 9 m 3000 m AMD8c5.5%*****6 12 20.5 8 3160 "Acor ******1 USS K) 8 9 95 8 5 3164 Acma ******4 11 -15 50 113,392 words
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Article2279 1998-06-09 22 Transaction date Jun 8 MALAYSIAN ?WB' 1CTiim1B Or Or IMI Last V«K Day LaatOuata Dk Oh VN Ml HCl* Htgh Lao Stno Campsny Sat* COOO) M0i Lav Buyer SaMar Cvr P/l JmM 135 28 m ***** AIS8 50c 50 *1 158 50 49 50 505 54 13 2.12,279 words
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6555 1998-06-09 23 Transaction date Jiin 8 Or Or M Wt 1998 Lot Vol Day Lo»t Ouota «v Wv YW Net Cap Avq Hljfc L— 8<Mo Cliw> SMo rOOO) tow 8wvor «•—r Cw W $w> Price MBUSTWAiS 43 16.5 1020 ACE 0ynamics60c.... 17 cd *0.5 141 176,555 words
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Article1202 1998-06-09 23 ©r Cr M Wt 1998 Laat Vol Day Last Ouoto Otv Mv VM Not Cap Av« Low St*o Company Sato o/-_ rooo) U» fm S—or C'»r P/I $m« Prico 134 79.5 2000 ABR Hldgs Sc 91 »3 6 91 90 95 44.4 M 243 76 0 2049 ASAvtOlOc 911,202 words
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STOCK EXCHANGE OF SINGAPORE
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Article217 1998-06-09 24 Stocks Volume Easyknit HKlOc 10,680.000 DBS Land 8,580,000 IPC Corpn 5c 7,487,000 TAC BttO 200 7,088,000 SingTel 15c 5,298,000 OUB Foreign 4,651,000 'Rekapacific Bh 4,450,000 STEngglOc 4,444,000 OCBC Foreign 4,246,000 *M8f Capital 3,377,000 Stocks DBS Foreign 28,915,457 OCBC Foreign 25,058,030 OUB Foreign 20,209,990 UOB Foreign 15.439,672 DBS Land 13,964,838 SingTel217 words
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Article, Illustration82 1998-06-09 24 Ven Sreenivasan - -by Ven Sreenivasan THE stock of computer maker IPC Corp has sunk to an all-time low after losing two cents or 22 per cent to seven cents on volume of 7.5 million units yesterday. Although the Relative Strength Index shows the stock is deep in oversold territory, this82 words
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Article, Illustration741 1998-06-09 24 R Sivanithy - STOCK MARKET COMMENTARY Market also rattled by banker Wee Cho Yaw's remarks on the economy; property stocks worst hit By R Sivanithy [SINGAPORE] Worries about the direction of the Japanese yen and the impact of its slide on regional currencies yesterday sentChart info from Bridge - 741 words
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ON THE GRAPEVINE
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Article110 1998-06-09 24 FOR those seeking a career in the financial sector, don't forget to try your luck with the Monetary Authority (MAS), which unlike many others in the sector, is still in a hiring mode. The MAS' most recent advertisement is its third to date arid it is110 words
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Article99 1998-06-09 24 FOR tho6e of you doing business with British companies and think you don't have to bother with converting Euros, think again. Already companies like British Steel, ICI and Rover have announced that they will transact in Euro come Jan 1,1999, said Standard Chartered Bank's EMU programme99 words
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Article79 1998-06-09 24 IN Malaysia, nobody is more serious about the Year 2000 Problem or Y2K—when computers mistakenly recognise the year 2000 as 1900 instead—than the Securities Commission. The securities watchdog's new website has a digital dock ticking a way to show the time left before die turn of79 words
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Article114 1998-06-09 24 EVEN the Sultan of Brunei, the richest man in the world, may not be able to help cash-strapped Taiping Consolidated Bhd. Although the listed property company is in the final stages of selling its JW Marriott Hotel to the Sultan for some 400 million Malaysian114 words
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Article89 1998-06-09 24 A SENIOR manager of a Singapore property developer bumped into his journalist friend one day. "What have you been busy with these days?" the journalist asked his old friend. "Oh, busy making provisions," the property man replied. "No, not for my company. Making provisions for myself," he89 words
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Article142 1998-06-09 24 THOSE who are thinking of investing in China's roads, think again. Standard Poor's has just downgraded the outlook on bonds issued by die Greater Beijing First Expressways Ltd to negative from stable. The outlook revision is for the double 'B' rated US$lOO million <Ssl7o million) 9J25 per142 words
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Page 15 Advertisements
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Advertisement209 1998-06-09 15 The Official Award of Distinction in Franchising The Franchise Excellence Awards distinguish and confer an ofllcial stamp of recognition on the best performing franchise companies in Singapore. Having the Franchise Excellence Award logo identifies you as one of Singapore's finest franchise companies. The recipients of last year's awards gained high209 words
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Page 16 Advertisements
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Advertisement41 1998-06-09 16 MERIDIEN SINGAPORE HOTELS IN ASIA-PACIFIC: BALI BANGKOK ISLE OF PINF.S JAKARTA KOI I SAMUI M F.DAN 99 MELBOURNE NFW DELHI NOUMEA TAHITI 98 PHUKET PORT VILA BORA BORA 98 SAIPAN 99 SINGAPORE SINGAPORE CIIANCI THE GOIDEN TRIANGLE TOKYO TOKYO II 9841 words
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Advertisement67 1998-06-09 16 Online, Multi-Currency, Ready to Use, Packaged Accounting Software v a Sales Orders WM 0 Delivery Orders 4 0 Sales Invoicing A 0 General Ledger 0 Accounts Receivable MijP 0 Purchase Orders 0 Graphs Ratios —.J5 0 Accounts Payables 0 Stocks h3 Sales Analysis BSS SOFTWARES (S) PTE LTD #05-20 Afro67 words
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Page 17 Advertisements
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Advertisement1893 1998-06-09 17 Wayfoong Mortgage And Finance (Singapore) Limited <Z> Member HSBC Group BALANCE SHEET (iv) Stock finance II Share Capital a* at 31 December 1997 literal a credited 10 income aa a monthly cadi bans. 1997 1996 Interest relating to non-performing loam and advance is suspended from income Authorised: Fixed Asaets J1,893 words
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Page 18 Advertisements
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Advertisement89 1998-06-09 18 We 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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Advertisement8 1998-06-09 18 <&oAertie& The Straits Times Classified Classifications 402-568 a8 words
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Page 20 Advertisements
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Advertisement14 1998-06-09 20 Buy It. Sell It. Find It. Classified. Jgf Call Today For Results Tomorrow. 1800-737-116614 words
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Advertisement23 1998-06-09 20 ♦The Sydney market was closed yesterday for a holiday. y' H k there something you want to sell? Call C.A.T.S. at 1800-737-1166. CATS.23 words
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Page 21 Advertisements
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Advertisement24 1998-06-09 21 ■wmu -< J- 4 u-J P.# ■'"-•s. 1 '->» >• <,«• t-- Make The Straits Times Classified your first pit stop when shopping for your car or motorbike.24 words
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Page 22 Advertisements
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Advertisement33 1998-06-09 22 Citibank Margin Trading Account. Trade in the Widest List of Marginable Securities. Call 339-7126 Now. THE CITI NEVER SLEEPS Branches at 1 Shenton Way 268 Orchard Road 21 Jurong East St 13 www.citibank.com.sg33 words
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Page 23 Advertisements
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Advertisement31 1998-06-09 23 You buy, we win finance Hotline: 320 0168 a nraß Hon|t| Cash Deposits Investment Cars -AngMoKio Tel 458 4222/4333 Deposit it Equipment Construction Factoring SINGAPURA i Vessels BUILDING SOCIETY LTO 431 words
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Page 24 Advertisements
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Advertisement294 1998-06-09 24 BUSINESS Standard it Chartered *****,000,000 Negotiable Floating Rate Singapore Dollar Certificates of Deposit due 6/6/2000 In accordance with the provisions of the above mentioned Certificates of Deposit, notice is hereby given that for the Interest Period from 9 June 1998 inclusive to 9 September 1998 exclusive the Interest Rate applicable294 words
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Advertisement882 1998-06-09 24 BONVESTS HOLDING^JMITEI^B H (Incorporated in the Republic of Singapore) H NOTICE OF ANNUAL GENERAL MEETING H NOTICE IS HEREBY GIVEN that the Twenty-Ninth Annual General Meeting of the Company will be Hi held at The Conference Room, 541 Orchard Road #16-00, Liat Towers, Singapore *****1, on Friday, H I HR882 words
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Advertisement596 1998-06-09 24 INTERNATIONAL FACTORS (SINGAPORE) LIMITED (Incorporated with limited liability in the Republic of Singapore) 5570,000,000 Floating Rate Notes Due 2002 Pursuant to CONDITION 11 of the Notes, notice is hereby given that, in respect of the Interest Period from June 9,1998 and ending on (but excluding) September 9,1998. (a) the Rate596 words
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SHIPPING TIMES
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Article286 1998-06-09 25 Bridge News Reuters THE previous week's trading ended very quietly with news of concluded business very slow to surface. The air of pessimism continues with charterers intent on cutting rates ftirther. Fixtures TANKER& Late trading was exceptionally quiet, brokers said, with no new cargoes being quoted. From eastBridge News; Reuters - 286 words
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Article239 1998-06-09 25 St W CWT Distribution 0.42 2 Chum Hyp 0.38 -0 015 m Co*co Invntrrwrt .0.70 FrwMHUnkt 021 -0.02 257 «HMn«l 024 -0.01 10 HUSunM* 0.435 *0.005 65 HKacMZoon 0.595 -0.02 «05 IMCHoMngt HK 540 J«y« Hokflnqs 0.41 *0.01 12 Juronq Shipyard 7.55 +0.05 142 K«W«i Cor* 3.02 -0.18239 words
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524 1998-06-09 25 Marcus Hand - Rapid growth of ship registry dne to political stability and adoption of int'l maritime standards By Marcus Hand (SINGAPORE] Singapore's rapidly expanding merchant fleet now ranks as the world's Bth largest. The Singapore Registry of Ships (SRS) has jumped two places from524 words
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Article, Illustration567 1998-06-09 25 They say they are held against their will in a mafia scam AFP [ISTANBUL] Several hundred passengers aboard a Ukrainian cruise ship anchored just off Istanbul claimed to have been abducted by the ship's crew in a mafia scam and pleaded for help to leaveAFP - 567 words
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320 1998-06-09 25 Marcus Hand - By. Marcus Hand [SINGAPORE] Malaysia is seeking to extradite 12 Indonesians, accused of hijacking the Malaysian flagged tanker Petro Ranger, currently being held by the Chinese authorities. The Malaysian government has notified the Chinese government of its intention of charging the Indonesians with320 words
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294 1998-06-09 25 AFP [KARACHI] An abandoned half-sunken tanker leaking oil into the Arabian Sea drifted closer to the Pakistani coastline on Saturday, raising fears it could endanger Karachi port, officials said. "A change in the direction of the drift of the oil slick andAFP - 294 words
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112 1998-06-09 25 (LONDON] Poor working conditions are not confined to open registry (Flag of Convenience FOC) fleets, according to a study commissioned by the International Transport Workers' Federation (ITF) and conducted by independent survey organisation Mori. It reports that ships flying the Russian, Romanian and112 words
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Article, Illustration717 1998-06-09 26 US AIR TRAFFIC CONTROL Momentary disappearance of Air Force One on radar reflects widespread problem, say US air traffic controllers The Los Angeles Times [WASHINGTON] FOR the second and then third time in three months, Air Force One disappeared on Friday from radar screens whileThe Los Angeles Times - 717 words
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244 1998-06-09 26 PAGE Oanveror 4 ACL 9 Lloyd 9 ANL 3 Dongnama 3 9 Accord S ECL 5 Appenship 5 Ethiopian 6 Ajtro 3 Eurohans 6 Austral 9 £ver 9 rwn 6 m j FoongSun 8 Batamindo 7 Ul Gemartrans 8 Bayswater 6 B'tang Mas244 words
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Article25126 1998-06-09 34 THEBUSINESSTIMES thebusinesstimes EXPORT ETA ETA Advertiser Vessel Voyaqe T eiepAooe ETA ETA Advertiser Ve ssel Voy aqe Telephone SIN Oest'n Nam* Nam* Number Number SIN Dest'n Name Name Number Number ■■■■MMNMMMNaBHOTMNNNMBMMMaNMMMMMMMMi 13/06 14/07 Quadrant MED KEELUNC 232W 65-*****44 A 1/06 26/07 Slier (Kite ELBE 547W 65-*****22 21/06 28/0725,126 words
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SHIPS IN PORT
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Article815 1998-06-09 39 Vtifl Voy No Bfth Arrival PapartBra A A 78/98 *J03 alongsKle 08.06/2300 MM r atm m noogun 08.06/2359 MuMcm 0« j)0 alongside 09 04/2300 M A»rtIII *****6 J01 alongside 09.06/0600 M Jury Mi JONS JOT alongside 06.06/1500 M TIBa Sej *****6 J01 I KXVjs.de 06.06/2000 G*"d* 2 n/9«815 words
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Article1834 1998-06-09 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/Balanci Rttls Ship Vey No Etb/Btr Ported From To From Ac. S>M UM 11/0700 U Ol/BOO 01/*51 01/*00 M Ol/BOO 01/*51 Ol/BOO 2A OC/TTOO 01/0*51 01/0900 21 01A700 09AW9 Ot/OfOO 3 01/0700 09/1159 09/1400 4 09/1200 09/1459 09/1700 MHrtctt 0*0511,834 words
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Article160 1998-06-09 39 Jon 10 Portugal: National Day. Jon 11 Austria: Corpus Christi. Portugal: Corpus Christi. Jon 12 Philippines: Independent Day. Joa 16 South Africa: Youth Day. Jon 19. Finland: Midsummer Eve Holiday. Jon 20. Finland: Midsummer Eve Holiday. Sweden: Midsummer Eve Holiday. Jon 23 Luxembourg: National Day. Jan 30. Brunei:160 words
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Article950 1998-06-09 39 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices tor a more comprehensive description of the market Prices shown are based on average-sized stem Market movements are indicated The Cockett Bunker Price Index change and the indi950 words
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Article487 1998-06-09 39 Carbon 180 Mn 992.2 1.0 18.0 0.10 72 0.07 Jiui 1 Density Hater RmMm Ask Aluminlun Sediment No £25 7 0 12 0 0 0 B!™2 380 Aw 987 J 01 16.7 0.06 32 0.03 380 Mai 9915 01 195 0.16 72 0.09 MAM M/M M/M487 words
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AIR & LAND TRANSPORT NEWS
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Article, Illustration397 1998-06-09 40 Govt orders pilots to return to work by yesterday in bid to resolve strike AFP [MANILA] The Philippine government has reversed a management decision to sack striking Philippine Airlines (PAL) pilots but has ordered them to return to work no later thanAFP - 397 words
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451 1998-06-09 40 HERMAN RAILWAY DISASTER Mounting suspicion that broken wheel the cause of crash Financial Times [Bonn] Deutsche Bahn, the German federal railway, has ordered ultrasound tests on its first generation Intercity Express high speed trains as suspicion hardened at the weekend that a brokenFinancial Times - 451 words
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308 1998-06-09 40 Rajendra Bajpai - From. Rajendra Bajpai in New Delhi THE maiden budget of Prime Minister Atal Bihari Vajpayee's new government, while ignoring the needs of the shipping industry, supported partial privatisation of Indian Airlines, the country's domestic carrier and provided extra funds for development of roads and308 words
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Article160 1998-06-09 40 Reuters [JOHANNESBURG] South African Airways (SAA) will ask police to pursue an amorous couple who made love in full view of fellow travellers last weekend, a South African newspaper said. "If any passenger is found doing anything indecent or contrary to aviation regulations on anyReuters - 160 words
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Article1649 1998-06-09 40 CITY RIGHT £T* FLIGHT FTD CZ351 2045 S0804 1020 iMMl 1*7381 1930 BA7382 2055 HmmI **741 131C VN740 1410 0f81 1930 0782 2055 WT743 IW5 WO* H«tYM TG407 1540 TG408 1635 AmttrtM W4327 0755 *1844 0040 *895 2150 *896 1815 $0327 0755 KL838 2300 No CM1,649 words
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Page 25 Advertisements
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Advertisement19 1998-06-09 25 Questions over US air traffic control system Disappearance of Air Force One on radar reflects widespread problem. Page 619 words
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Advertisement488 1998-06-09 25 Manila orders PAL to take back sacked pilots Govt orders pilots to return to work by yesterday in bid to resolve strike. Back Page People Marc Benedetti has Godric Brown has been appointed been appointed as Air chief executive of Ivaran Unas, followFrance's regional di- ing the acquisition of the488 words
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Page 26 Advertisements
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Advertisement781 1998-06-09 26 ■■■■■■■■■■ito SUPER SHUTTLE EXPRESS jQULF KARACHI EXPRESS (OIOQ YKSa VOYAGE MB Sjj VfSSCL WT |XA j DMN lAN DM |KM COl ]KG SM KYI WGO W 27/05 2f/05 2f/05 31/05 05/06 of/06 13/0* 14/0* 000. CHMA 23W522 03/06 21/ M ooanrouN umi3 10/0* 20/0* Pto niduoyd dammam 271 03/0* 05/0*781 words
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Advertisement684 1998-06-09 26 #Member,^me by Members o» tfie Registry o< ui g 4,k Singapore Freight Forwarders Accredited Shipping Agents. GjAgßp Association Singapore Shipping Association 1 NEW ADVERTISER t Find out more about their service: Pelmas Shipping 1 Him to Page 4 Shipping Times Just talk to us... Iris Lim 740-2044 Jarrod Leong 740-2089684 words
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Advertisement1026 1998-06-09 27 SAX SERVICE (DIRECT) I vcsa voy smeia I lax 1 oak not hou ch cot km ar nk AWTOWMAUNE 01 n 03/06 22/06 22/06 22/06 23/06 22/06 23/06 23/06 24/06 24/06 gg 0031 10/06 25/06 29/06 29/06 30/06 29/06 30/06 30/06 0»/07__U/07_ AftGAtttT 0171 17/06 02/07 06/07 06/07 07/07 06/071,026 words
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Advertisement1942 1998-06-09 27 (g) HANJIN SHIPPING HANJIN SHIPPING (S) PTE LTD hnp //mm. honpi cam BOOKING 32M73S 237 SALES 37(0724 731 DOCUMENT *****71 774 OKUIIONS *****41 757 MAJN LINE" *****55 FAX: 77W960 CI MO **********0 M TO NW USA CANADA USA CANADA* FOB VSI/VOY MM 5 UNI HAUL/VOY TIW DPI POX CHI MSP1,942 words
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Advertisement424 1998-06-09 27 PIIHY CONTAINHHID PIPICA TIP hiykii VESSEL W_ _SIN_ PI6 OPT SIN HKG KEI DSN PUS pML 1 VOY j S>N I PKG IvtSSH. T VOY I SIN I JRT RMTC HONGKONG MIS 31/0S 02/06 NIN OVO6 07/06 01/06 11/06 12/06 ;4 KMTC PUSAN 007S 05/06 12/06 14/06 16/06 17/06 KMTC424 words
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Page 28 Advertisements
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Advertisement1489 1998-06-09 28 DSR-SENATOR UNES TO UK/CONTINENT TO RED SEA/MEDi rEHRANEAN/CANAPA VESSEL VOY *57" UW RTM AMR HAW ORV HJt VESSEL VOY SIN MO «T gt fOI VIC MTI PUGWASH SENATOR WNB24 M M iIM 20 M 20 M 0107 02 17 03 07 PACIFIC SENATOR *W! 11M 22 M2»M M M 8.81,489 words
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Advertisement1332 1998-06-09 28 MY LJNE YML ,nt#fn t Web htt P //www.yml.com.tw ;liUU4'Hr tk «l ARRlVALR»Ddaytuesoay VESSEL VOY LEH FXT HAM AMR HFA SIN DOVER BR ABI6E SID SLD SID SLD SLD 09/06 MING STAR ABI7E 20/05 SLD SLD SLD SLD 16/06 MALACCA BR ABIBE SLD SLD SLD SLD 09/06 23/06 MING SUN1,332 words
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Advertisement504 1998-06-09 28 LINE 9W A TILt IIII4S* PAXi *****11 MUARA LABUAN i vtssa vot no n* vtssa vor no iu SPOtf MUAKA SPOM IN J.POOSPB VISI/M 11/ M 14/ M i-«OSPB WSI/W 11/ M 15/* APttGWtT VIX/W 15/0* 11/ M AmOOfT VISI/4I 11/ M 10/ M iPTOSPH Vltf/M 21/ M 24/ M504 words
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Advertisement1315 1998-06-09 29 [VESSEL VOY SIN POU PKO PEN BLW SUR PUB BA WK 1 IRAN VAHDAT PJL 1284 21/06 30/08 IRAN TAKHTI PJL 1288 01/08 10/08 11/08 IRAN TEYFOURI PJL 1287 08/08 17/08 18/08 IRAN MOBIN PJL 1283 20/08 28/08 30/08 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN A CIS COUNTRIES1,315 words
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Advertisement2350 1998-06-09 29 direct sailing j;.i TO SHANGHAI ft XINGANG J I GENERAL AGINTS: 6 SHENTON WAY TEL 226 1900 FAX: *****00 OUTWARD (I A) —l COSTAR SHIPPING PTE LTD #17-01 DOS BLOG SAUS/MGS 4205*41/43 INWARD DEFT (0/0) *****85 COSTAR AGENCIES (M) SDN BHD CRMQ:II7>7OfOOOOM TOWER TWO (*****9) CONVENTIONAI. 4205*50/55 T/SHHOT *****25 TIL2,350 words
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Advertisement1269 1998-06-09 30 EUROPE/UK/SCANOINAVIA/nNL^JO/BUBSIA ["SGPI ROM ANW HBG THP ZEE LHV IMV THP RDM ANW HBG PKL SGP I. DECENT RW-004 14/06 0207 17/17 83/97 06/07 0007 E GAINING RE-063 17/06 IMB 20/06 11/06 22/05 15AM 16AM I DELUXE RW-003 21/06 10/07 15/07 11/07 11/07 14/07 ***** E GOOOS RE 061 2605 27/061,269 words
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Advertisement742 1998-06-09 30 I*, am MAC-MELS S'MftE wm I Carrier: MN CONTR LINES, INC GUDANQ: (07) *****26 I IV~/\ 1 CM HO, IWIIW B®U: (064) *****8 MAMLA: (632) *****24 W PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELANQ: (03) *****77 JKT: (21) *****07 MONt (81) *****3 KUCHMO (082) *****1-3 WE742 words
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Advertisement419 1998-06-09 30 /CZZ NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL I VOT I SIM I ftU 1 put I PT I »/MT mrcuvaus im 12/04 21/04 24/04 01/07 04/07 GOiDBI WAGON VOOSS 11/04 27/04 01/07 M 7 NAOTUftHKESS MBS 25/04 13/07 17/07 mraiouffli IMB PI/07 17/07 21/07 24/07 30/17419 words
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Page 31 Advertisements
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Advertisement387 1998-06-09 31 BSA ii. I %mm MYANMA «BBk FIVE STAR LINE (Myanmar National Lint) Loading for Yang on (Rangoon) VESSEL VOY SIN KG PEN PGU MERGOI 143W SID lAGO 102W SID MALAYSIA AGENTS: 60USTEAD SHIPPING AGENCIES KUL Ttt 02-03-*****00 PKL HI 02 03-*****01 KN; TEL 02-04-*****02 PGO: TEL 02-07-2$ *****/4 BANK LINE387 words
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Advertisement1199 1998-06-09 31 I HYUNDZST MERCHANT MARINE CO. LTD. [vessel voyl«n Isoulibilktmlantlhamlbivl m I Ivcsa voy sou I ibi I btb> I awt I ham I B6rv miswi NOLAMAZOMTE OI6W 11/06 29/06 04/07 01/07 02/07 ff/j» a s Wj|* 05 ®J/06 LA LORE 521W 12/06 03/07 04/07 26/06 30/06 WCMMKWW 3121 16/65 21/051,199 words
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Advertisement1102 1998-06-09 31 4B norwagion specialized oukxorrmn laL... QS&sks mm wmu\£s TO NORTH AND LATIN AMERICA "*ORO HEAVYUFT SERVICE" [VESSEL VOY RAMP HEIGHT SIN LAX CKL NUA SAV lAL ORF NYC NEW |MM TOM F412 400 Tow "OS ***** 04/07 Tt7o7 2670T 22/07 24/07 25/07 26/07 31/07 01/04 TARONGA FII3 400 Tons 6.31,102 words
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Advertisement694 1998-06-09 32 BANQKOK/LAEM CHABANQ JAKARTA/PAN J AMQ VESSEL VOY SIN BKK LCH VESSEL VOY SIN 3KT"~| PJN BAN I BHUM 101N in Pt 13/06~ 12/06 THANA BHUM 290S 10/06 13/06 KITI BHUM" 57N In Pt 12/06 GURU BHUM 81S 10/06 14/06 NANTA BHUM" 397N 10/06 13/06 14/06 GURU BHUM 81SB 11/06 14/06694 words
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Advertisement511 1998-06-09 32 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0206 TEL *****68 FAX: *****64 TLX: R*****6 SINMER CR No: **********0W Receiving Cargo at PTI I Bintulu I Muara vessel voy sin fry 5555 L voy sw mua 8 Beiorf V9BOBE 16-17/06 72/06 MM V9Blo€ 10-11/06 16/06 ls*no V9812t 2MI/04 26/06511 words
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Advertisement677 1998-06-09 32 1 ACCORD A SHIPPING PTE LTD YEL *****15 (40 Lines) FAX *****30 rOttT UAMC (OS) M 7 1001 m M DIMECT ACCESS YEL *****55 (EXPOUT MOOKINO) HS* GUMMG (07) SSI 1577 *****34 (EXPOMY DOC), *****39 (IMPOMY) nMAM6 (04) S3? 144S UMLsHYYP://WWW.ACCORD.COM.SG JAKAKTA (11) MO 0770 VAA/ PORT ITA SIN PORT677 words
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Page 33 Advertisements
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Advertisement400 1998-06-09 33 MiiMMHli TO EUROPE """1 EXPRESS SEMI-CONTAINERISED SERVICE ~m VOY I A'OAM/R OAM HIURG BREMEN ANTWERP A VESSEL ***** OMIT 02/ M TO AUSTRALIA 1 I FULL CONTAINER SERVICE VSL VOY FBI ME SYD MB. HM MX fflt PUieXXOYOMWMNE VMS 07« 10W IUX ZM* 2M6 2«* OM7 austwtwiw TW iiSTuS mm400 words
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Advertisement985 1998-06-09 33 ADVANCE CONTAINER LINES (PTE) LTD /V I Z 140 Cecil Street, #12-00, PIL Building, Singapore *****0 iX I,| TEL: *****21, FAX *****19, TELEX :RS ***** ACL PL CR NO. **********0E OPERATIONS: *****60/ *****05 BANGKOK JAKARTA (WfclT Slg» PAT/I «n» LCH/1 Sl| M*T) VESSEL VOY SIN BKK 5?! stoooAN ay a;,985 words
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Advertisement872 1998-06-09 33 VFSSPIR VOY SIN JED MLA LEH HAM THP RTM ZEE VtJ-EOe TANYA T2BW 00/06 17/06 22/06 26/06 28X08 01/07 02/07 03/07 VJ-EDE TAURUS A2BW 16/06 24/06 29*36 06/07 «g 06/07 06*07 08X07 VXE D'AQUAWUS U26W 23/06 01/07 06/07 12/07 13/07 15/07 18/07 16/07 V*_LE DE ANT ARES L26W 30/06 08X07872 words
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Advertisement50 1998-06-09 36 Dial 740-6000 Oil G€ITIdnG (Retrieve more schedules!) Press »1" JCV Select the port and key in the four digit code mm eg. 7o A/ew York (NYO 2275 ST 4} Key in your fax number I your phone number AnatNf ifWMvstive service offered by The document will be shipping Times i50 words
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Page 39 Miscellaneous
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Miscellaneous121 1998-06-09 39 ma^zsnED— 222 ZlJiooE LEGEND: R Thunderstorm Temperoture c X\ V Shower Weother Wind direction with speed in knots ee Rowi V^_y Cloudy Sky Wow height Surfoc# winds ore indicated by arrows which My with the wind Cy One tut circle represents calm or hght and vonoble winds i__ One holt121 words
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Advertisement66 1998-06-09 40 -Business Centre Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. Call 740-6000 Press "1" key in Document Code Key in fax number "O Enter your phone number (-71 rji L*J quality UIJ voice quality 1 \L 0 CROSSTALK NO CROSS-TALK sy a»Tic66 words
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