The Business Times, 25 September 1998

Total Pages: 40
1 40 The Business Times
  • 14 1 MITA (P) ll(V12/y7 85* The Business Times SINGAPOREX Internet- http://business-times.asial.com.sg/ FRIDAY, SEPTEMBER 25, 1998
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  • 66 1 □m I3IJB (+30.99) wmmsai U aUA (+13.72) fIBTOOUP U73&CI (+32.18) iflnMiFvniuß 'XJ 138L00 (+3.6) gJIUMETMOOD: STOCK HAIKETDtDSCES HuitmUlV Hi nnfr RISE COUP 387.44 +1111 NIKKEI 14.Hi.78—+41M7 HANGSENO 7£34.61 +***** SET INDEX MIS +18J JAKARTA COUP __281.lt +1SJ1 MANILA COUP L23MS +UM TAIPEI WPI UntM ♦17.78 SEOUL COMP *****
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  • 63 1 FOBEX KATES U8t USS 1.711 £(US*/8lper£) tJ7f IBM DM 1.88J 1.021 HU— uoe Mfg HKS 7.740 USS BAKEjzi BJ9 IMS RUPfAH. 10J60 MM' PMME BATES SINGAPORE* 7.7* KUALALUMPUR Hit JAKAHA 28.00 BANGKOK 1478 MANILA SJO BONG BONG MIS ttlPH 180 SYDNEY &tf TOOO L« 8B0UL 14* ZURICH. 128 FRANKFURT***
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  • 616 1  -  STI surges 3.4% with property stocks in the lead; turnover more than doubles By] R Sivanithy [SINGAPORE] The green light for a rally on regional equity markets was signalled yesterday by US Federal Reserve chairman Alan Greenspan with his strong hint
    REUTERS  -  616 words
  • 340 1  -  About 20 jobs axed, with more staff cats in Asia and NY By I Siow Li Sen [SINGAPORE] Spain's largest financial group Santander has closed down its Singapore brokerage and axed some 20 people, eight months after it entered the Asian equity scene in a blaze
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  • 770 1 Bloomberg AP [NEW YORK] The Federal Reserve Board on Wednesday organised an unprecedented rescue of a hedge fund after it lost US$4 bUlion (556.9 billion). Long-Term Capital Management LP, considered the greatest collection of mathematicians Wan Street could buy, received a US$3.5
    Bloomberg; AP  -  770 words
  • 335 1  -  Forex curbs alter market conditions, interest uncertain By I Siow Li Sen [SINGAPORE] The Singapore International Monetary Exchange (Simex) will defer the Oct 1 launch of its Malaysia stock index futures contract "In view of recent developments in Malaysia, Simex has decided to defer
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  • 441 1  -  BntHKMAsays quality of mortgage portfolio still good From Quak Hiang Whai in Hongkong HOME loan defaults surged by almost 30 per cent last month, the latest figures from the government showed. The alarmingly higher default figure came as analysts and agents
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  • Page 1 Advertisements
    • 123 1 IMIIIIIB i (1,. t ituiubi meeting Prime Minister Goh Chok Tang and President Bill Clinton met at the White House yesterday discussing Asia's econmic woes and other trade related issues, Pf 8 v ll Diacksarai Former Malaysian deputy prime minister Anwar Ibrahim disclosed prior to htearregt that disputes between him
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    • 20 1 More reports Lower prime boosts S'pore property stocks, Pg 13 Excerpts from Greenspan's testimony, Pq 8 Market reports, Pg 20*24
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    • 253 1 |V y Tung Lok Mooncakes an available at all our Restaurants: flf J Lok Restaurant v Grand Pavilion Restaurant |r3 jP L«M| Court Complex Chinese Swimming Gob 177 Riw**toßoad#o4-07/09... r%*> 2!A*berßoad W ■tff\l r Sagapore *****0. 'M 336 *****0. Tel: 440 2222 3 <'•'• -ftp i- f K WS. y>*ir*
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    • 10 1 BtnoL*nd pays price for its big spending, Pg 16 s
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  • ANWAR'S ARREST
    • 656 2  -  Disagreements arose from his opposition to excessive spending on some projects By' Yang Razali Kassim [SINGAPORE] Former Malaysian deputy prime minister Anwar Ibrahim disclosed prior to his arrest that disputes between him and Prime Minister Mahathir Mohamad contributed to the breakdown in
      656 words
    • 548 2  -  From] Ruth Wong in Kuala Lumpur MALAYSIA'S police chief Abdul Rahim Noor yesterday warned that stern action would be taken against supporters of former Deputy Prime Minister Anwar Ibrahim if they hold illegal assemblies. "We will come down hard on
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    • 498 2  -  CNBC satellite transmission of video not blocked by EL Frorn Eddie Toh in Kuala Lumpur MALAYSIAN Prime Minister Mahathir Mohamad yesterday dismissed charges of corruption and nepotism levelled against him by his former deputy Anwar Ibrahim. Asked by a reporter from CNBC,
      AFP  -  498 words
    • 369 2 Ex-police chief says he gave details to Mahathir in 1993 AFP [KUALA LUMPUR] Former Malaysian deputy prime minister Anwar Ibrahim feared being blackmailed by police who discovered he had "homosexual tendencies", a former national police chief claimed yesterday. Former inspector-general of police Hanif
      AFP  -  369 words
    • 193 2 Reuters [KUALA LUMPURJ Prime Minister Mahathir Mohamad said yesterday Australia could stay away from the November Apec summit in Kuala Lumpur if its leaders were worried about their safety because of political unrest in Malaysia. In a new dig at Australian politicians
      Reuters  -  193 words
  • Page 2 Advertisements
    • 114 2 Emirates' Business Class. Better leg rest, head rest and eye rest. .1 (A class above the rest.) > l M i W IMI wT H ri rlfl r *T*l There's more space in Emirates' Business Class in which you can relax. Our Boeing 777s boast one of the most luxurious
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    • 7 2 Editorial: Heightened tensions in Malaysia, Pg 9
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    • 71 2 Katong Park Hotel HI FOR SALE BY TENDER Site area: 36,079 sq ft approx. Existing 170 rooms hotel with F&B outlets and a health centre Gross floor area: ***** sq ft Written permission has been granted for a 16-sty hotel extension plot ratio of 4.2 Potential as serviced apartments/student hostel
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  • SINGAPORE AT HOME & ABROAD
    • 423 3  -  $30m already spent on Loyang plant; disk drive parts maker to invest $50m in Asia By, Annette Pan JAPANESE disk drive component maker Nidec Corp will invest some $20 million in Singapore, and an additional $50 million in the region
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    • 399 3  -  By* Annette Pan HOMEGROWN contract manufacturer Richgold Industries Pte Ltd has applied for judicial management and is seeking to sell its business off as a going concern. The company is understood to be suffering cashflow difficulties due to operational losses to the tune of some
      399 words
    • 387 4  -  Amount not fixed yet but should average around 20%, says S'pore 6M By\ Soh Tiang Keng AIA Singapore will cut bonus rates for some of its life insurance plans in January next year due to lower investment returns and
      387 words
    • 197 4 A6EAN will decide oil the timing of Cambodia's inclusion in the regional grouping after a new government has been formed in that country. Foreign Minister S Jayakumar yesterday said: "Without a government in place, Cambodia will not be able
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    • 212 4 THE public can now try out for free the latest software and hardware technologies at Funan The IT MaU's hIT (hot IT) Studio, an IT resource centre launched yesterday by Pidemco Land. Managed by the property developer, the $1 million centre was set
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    • 320 4  -  Site, redevelopment potential estimated tobes4o-50m By Diana Oon ONE of the oldest hotel sites in Singapore, the Katong Park Hotel, formerly known as the Duke Hotel, is being put up for sale by tender. Built in the *****, the hotel,
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    • 327 4  -  By\ Shiv Taneja THE CPF Board has received applications from 36 unit trusts seeking to manage investments under the new CPF Investment Scheme guidelines, industry sources said yesterday. This number includes existing "cash" unit trusts, but does not include the 22
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    • 169 4 THE Singapore office of Barclays Capital will shut down its Investment Banking Department (IBD) to centralise all investment banking operations in Hongkong. A senior executive from Barclays Capital's Singapore office said last week that "less than 10 staff" were retrenched as a result.
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    • 355 4  -  EYE ON THE ECONOMY Cargo shipments By, Rahita Elias SINGAPORE'S shipping and freight forwarding industry has started feeling the heat from the region's meltdown. The volume of containerised cargo, which generates about 85 per cent of the country's total non-oil cargo volume, started to tumble in
      Source: MPA  -  355 words
    • 248 4 TAXI operator City Cab yesterday launched a new service that guarantees a cab under any circumstances. For a $10 surcharge, commuters can call 1900-915-2222 when all else falls. The $10 is on top of a booking charge of $3.20, but CityCab
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    • 646 4  -  US firm's clients asking for access to local market By' Vong Wei Kong PRUDENTIAL Securities Inc, the fifth largest full-service brokerage in the US, is keen to be a broker of Singapore stocks, president and chief executive officer Hardwlck Simmons told BT in an
      SIEW YAW HOONG  -  646 words
    • 155 4 ABOUT 900 insurance agents in Singapore have qualified for 1998 membership in the Million Dollar Rount\ Table, putting Singapore in fourth place in terms of membership size after the US, Japan and Canada. A Life Underwriters Association of Singapore spokesman said yesterday that 873
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  • Page 3 Advertisements
    • 113 3 mi iff H Ml rj Jm ml mm m mm P» f Singapore: Cortina Watch Centre Pte Ltd: Raffle* City 401-36. Tel: *****8S Lucky Plaaa #01-32. Tel: *****66 Millenia Walk #01-63/64. Tel: *****28 Paragon H. #01-13. Tel: *****64 Wa Malaysia: Le Cortina Watch Sdn Bhd: KX. Plm, TU: *****71 \JA
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  • Page 4 Advertisements
    • 107 4 PUBLIC AUCTION Pursuant to the direction of Price Waterhouse Intrust Limited, Receiver Manager THE SH SAMEYEH COLLECTION of HIGHEST INTERNATIONAL STANDARD, EXCEPTIONAL RARE PERSIAN, TURKISH AND CENTRAL ASIAN CARPETS NOW FORCED TO DISMANTLE THE CORE HOLDINGS IN ORDER TO SATISFY CREDITOR BANK REMAINING LIABILITIES THE RECEIVER AND MANAGER HAS SET
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    • 23 4 FOUND SOMETHING? Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. CA,TA I AnottMr CtaaaMod Swvtoa
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  • ASIA'S ECONOMIC SLUMP
    • 515 5  -  Goh, Clinton agree trade liberalising initiatives to top Apee agenda in Nov From. Leon Hadar in Washington SINGAPORE supports an assertive US leadership in mobilising international efforts to resolve the East Asian financial crisis, and for continuing trade liberalisation under
      REUTERS  -  515 words
    • 315 5 This could resolve Asia's private sector debt log-jam Bloomberg [SINGAPORE] Asian governments may have no choice but to nationalise hundreds of debt-burdened companies, Peter Woicke, chairman of J P Morgan Securities in Asia, said yesterday. While some companies in Asia have worked out
      Bloomberg  -  315 words
    • 245 5 AFP [BANGKOK] Thailand's economy will turn around in the first quarter next year as interest rates and inflation fall, Finance Minister Tarrin Nimmanahaeminda said yesterday. He said the minimum lending rate was likely to fall to 12.5 per cent by year-end, from highs
      AFP  -  245 words
    • 397 5  -  But BM peg may be lowered If other currencies devalue From] Eddie Toh in Kuala Lumpur MALAYSIA will maintain its currency peg at 3.80 against the greenback for "as long as possible" but might devalue the ringgit
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    • 206 5 AFP [KUALA LUMPUR] Malaysia's foreign reserves jumped about 40 per cent to 80.76 billion Malaysian ringgit (5J36.5 billion) in the first two weeks since it introduced sweeping capital controls, the central Bank Negara said here yesterday. The controls were introduced on Sept
      AFP  -  206 words
    • 192 5  -  By: Larry Wee [SINGAPORE] Regional currencies rose on the back of strong buying in regional stock markets, with the Thai baht breaking through the key 40 mark to close 1.6 per cent higher at 39.85. Traders said the baht's fortunes were
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  • Page 5 Advertisements
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  • REGION
    • 568 6  -  Battle may impact foreign investments innewlndon reformation era From\ Shoeb Kagda inMedan A BATTLE to keep a US$7OO million (Ssl.2 billion) paper and pulp mill operating in North Sumatra could have major repercussions on foreign investments in the new Indonesian reformation era.
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    • 60 6 [JAKARTA] Hundreds of Indonesian farmers yesterday marching to Parliament in Jakarta. Farmers and students celebrated the country's Agriculture Day by demonstrating outside Parliament, demanding that they be given back land which they said they had been robbed of by the government and private companies. This is
      REUTERS  -  60 words
    • 258 6 BANGKOK Reuters THAILAND said yesterday that an ambitious plan to privatise its telecommunications industry might be delayed, possibly to next year. Minister of Transport and Communications Suthep Thaugsuban told Reuters that approval by parliament of a bill to allow the sale of
      Reuters  -  258 words
    • 285 6 JAKARTA To help tourism, they will be allowed to fly to any Indon city AFP PRESIDENT B J Habibie is to free up Indonesia's aviation industry, allowing foreign airlines to fly anywhere in the country, the state-run Antara news agency said. "I, as president,
      AFP  -  285 words
    • 184 6 KUALA LUMPUR Bloomberg THE total value of Malaysian home sales fell 32 per cent in the first half compared with a year ago, as potential buyers deferred purchases amid rising borrowing costs and concern about losing their jobs, according to a government
      Bloomberg  -  184 words
    • 481 7 TOKYO Opposition says draft of plan for LCTB not consistent with its interpretation Bloomberg JAPAN'S leading opposition parties have rejected the ruling Liberal Democratic Party's latest compromise on a set of banking bills aimed at reviving the country's ailing financial industry. The LDP
      Bloomberg  -  481 words
    • 316 7 BEIJING Mm hits foreign firms with mainland joint ventures Bloomberg CHINA'S State Council has closed a loophole that allowed foreign companies to skirt a ban on direct investment in China's telecommunications industry, according to a ministry official and foreign company executives. In
      Bloomberg  -  316 words
    • 468 7  -  From Quak Hiang Whai in Hongkong THE retail sales crisis in Hongkong showed no sign of improvement in July as the total value of retail sales plunged another 17 per cent to HKII7 billion (Ss3.B billion) year-on-year. After discounting the
      AFP  -  468 words
    • SINO Briefs
      • 61 7 AFP [BEIJING] French Prime Minister Lionel Jospin, beginning a three-day visit to China yesterday, witnessed the signing of US$345 million (Ss6o2 million) in business deals lor French firms in China at his meeting with Chinese premier Zhu Rongji The largest deal was a US$l5O million accord between
        AFP  -  61 words
      • 52 7 Reuters [TAIPEI] Taiwan said yesterday it would allow private firms to invest in major mass rapid transit railway projects in southern Kaohsiung and central Tatehung. The government, trying to stimulate a slowing economy, has respecified the projsets'financing under the build-operate-transfermodeL They were earlier envisaged as government
        Reuters  -  52 words
      • 61 7 Reuters CRANOn The state-run Vietnam Steel Corporation has signed a US$lO9 million (SslB7 million) joint venture with five foreign firms to build a coki-roßed steel plant, an official said. The foreign partners are Japan's Yodogawa Steel Works Ltd and four Taiwanese firms: Sheng Yu Steel,
        Reuters  -  61 words
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  • Page 7 Advertisements
    • 200 7 I LOOK! THE GREATEST FEATURES ARE INVISIBLE. The dual band GSM 900/1800 systems makes it easier to stay connected. YW*' WEKmrn^a *n I The modem to the SHBBB. It lets you connect to the Internet, as as send and receive faxes and e-mail, wherever you are. i i THE NEW
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  • THE WORLD
    • 621 8 WASHINGTON Fed chairman says US expansion at risk, market stability most be restored Bloomberg FEDERAL Reserve chairman Alan Greenspan hinted in congressional testimony on Wednesday that he may argue next week for lower interest rates to keep the US economy
      Bloomberg; AFP  -  621 words
    • 494 8 Excerpts from the text of his testimony to Congress On a possible rate oat: "I and my colleagues at the FOMC and central bank governors are engaged on a day-by-day basis in many cases, hour-by-hour in watching the processes that are going on
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    • 364 8 WASHINGTON Drag from foreign trade less than previously expected Reuters THE slowdown in US expansion during the second quarter was less abrupt than previously thought, the Commerce Department said yesterday as it pushed up its estimate of the economy's performance
      Reuters  -  364 words
    • 151 8 CAMBRIDGE, Massachusetts Bloomberg HARVARD Management Co, the money management arm of Harvard University, said in its annual letter that global market turmoil wiped out 10 per cent, or about US$l.3 billion (552.2 billion), from the endowment (Und since July 1, the Boston Globe reported in
      Bloomberg  -  151 words
    • 340 8 BONN Reuters HELMUT Kohl has already earned a page in the history books as the chancellor of German reunification. Now the 68-year-old Christian Democrat leader wants a whole chapter as the man who anchored a united Germany within a united
      Reuters  -  340 words
    • 242 8 MOSCOW AFP RUSSIA'S central bank called for tough price controls yesterday, saying that without prompt action inflation could explode to 400-450 per cent by the end of the year, news agencies reported. In a bleak report to a cabinet meeting
      AFP  -  242 words
    • 390 8 BRASILIA Plan gets US, World Bank support; nod for USs&3b loan AFP BRAZILIAN President Fernando Henrique Cardoso announced on Wednesday a new plan to cut spending and possibly raise taxes to defend his country's currency and stave off economic crisis. "I am
      AFP  -  390 words
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  • EDITORIAL & OPINION
    • 815 9  -  TBB BOTTOM LDIB OPINION By Prem Shankar Jha The writer, former editor of The Hindustan Times, contributed this cuticle to BT IN the absence of any sense of purpose or direction in economic policy, the Indian government has been reduced to peddling myths. The
      815 words
    • 94 9 'Experience over the past years shows that no economy grows in isolation. The key for growth is openness. Countries win by liberalising, if it is done carefully.' -HickelQundflems IMF chief, on currency controls imposed by the Malaysian government. Ten days ago, we were talking about the end
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    • 627 9 EDITORIAL THE dramatic political developments in Malaysia over the past week give rise to major new uncertainties that oould have potentially far-reaching effects on both the economy and Malaysian society. r— The arrest of former finance minister and deputy prime minister Anwar Ibrahim on Sunday night,
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    • 1144 9  -  Baling CDU trails Schroder's SPD by 3-5% in opinion polls in fight for Sunday's German election By\ Catherine Ong The writer is a BT senior correspondent who visited Germany recently WITH his white shirt-sleeves rolled up, Edmund Stoiber spent nearly two hours
      FILE PHOTO  -  1,144 words
    • 233 9  -  MAILBOX YL Shum I am living in Kuala Lumpur and, contrary to the belief of both the Australian Prime Minister and his deputy, Kuala Lumpur is still unaffected by the political situation. Business is still moving on as usual and people are still out
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    • 716 9 History, a la Suharto THE Suharto government was inclined to deny the notion that history is God's own footpaths, as historian Arnold Toynbee once put it. The regime, like other despotic powers, was also a pesky revisionist. Biased history textbooks became commonplace from the beginning of
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  • EXECUTIVE LIFESTYLE
    • 1207 10  -  Do increasingly popular alternative medicine treatments hold promise or peril? tbrbnob mommamxjt and KH4HT ROAMcheck out the scene TERENCE MONMANEY, SHARI ROAN LAT-WP A Ta public hospital in Minneapolis, a physician leads a half a dozen medical students in a discussion on spirituality and health. Posing
      LAT-WP; FILE PHOTO  -  1,207 words
    • 493 10 HEALTH legnlar aerobic exercise 3-5 times a week reduces risk of itiflftllfl ffuhfftjmtitlly Bridge News [Logan, Utah] 'Take two aspirins and call me in the morning" is a recommendation many people may have heard from their physicians. Today, however, people looking for solutions to their
      Bridge News; FILE PHOTO  -  493 words
  • Page 10 Advertisements
    • 477 10 7 October 1998 INDONESIAN BANKRUPTCY LA WS EFFECTIVE 777 MALAYSIAN EXCHANGE CONTROL MEASURES This seminar seeks to actress the recent amendments to the Indonesian bankruptcy laws, their implementation effectiveness and the recent Malaysian exchange control measures their practical repercussions. This seminar is absolutely necessary if you wish to keep abreast
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    • 27 10 ld=ld=U If you have found something/ you can advertise for free in Classification 821 (Found) to seek its owner. Call CA.T.9. at 1800-737-1166. t Another Classified Service
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  • Page 10 Miscellaneous
    • 157 10 THE WEATHER Hnpty«« Partly cloudy. Occasional light to moderate rain in the evening and over the night Temperature (28/24 C) P»—i W OmL Jtnaka IMB tor SMMM MI Aaddud 11/10 to* Una tor VtaM IMI Bn*u* KHI *owen tmkk Ml *imm BefSf. rv» M Dwpi UflT ta*ajr Wti tower» !■>!>■
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  • Page 11 Advertisements
    • 644 11 Buy It. Sell It. Find It. Classified, fffr CATS. Call Today For Results Tomorrow: 1800-737-1166 Where to wine, dine and entertain <j) that other can! aZT "SIB SHmJ y t v> Wlial lictter way to cclci>raic i (treat week than Sunday Brunch at 'flic v Cafc-iu-Thc-ftrfc? Eujoy the finost branch
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    • 122 11 Experience the wonders of BORDEAUX at Top of the 'M' Revolving Restaurant 17-27 September 1998 Please call 831 -6258/88 for your reservations V—PKODiS Htm Ak Jtt Revolving Restaurant L'OWau Bicu Restsurani JwW Bordeaux (France) >«tk Hoar Bfl Mandarin Singapore 333, Orchard Road, Singapore *****7. Tel: 737 4411 n I Uoury
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  • Page 11 Miscellaneous
    • 834 11 TV&BADIO 8.00 Crimewatch (See Our 7.00 Window To India. m v ;i,-o®:-,"; Choice). 7.30 Tamil Sethi (News, T). w>m :fxTrrrr»T>ii^— 230 PM TV Innovations. 830 Friday Ticket To The 8.00 Berita 12 (News, M). 4.00 Kidz Blitz: Sesame Movies Rapid Fire 830 Citra Keluarga. Street. (See Our Choice). 9.00 Aishah.
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    • 292 11 CRYPTIC CROSSWORD 1 H2O formula for tax avoidance (4,7) 8 Erring after release from cool--11 Works in garden using 1 1 I 1 j l watering equipment, we hear 11| BT--12 Remove coarser particles tart from massif tracks (4) 111^ 13 Vain plea to prodigal (7) 3 I i i
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  • THE LEADING EDGE
    • 1593 12  -  Pehong Chen, who once thought he was destined for academia, is the epitome of the high-tech entrepreneur, reports mmwjawM KENNETH JAMES IN just 10 years, Pehong Chen has built up a track record most entrepreneurs would die for. Consider: he sold his first company for over
      ARTHUR LEE  -  1,593 words
    • 420 12 PEHONG Chen is convinced that the "One-To-One" technology developed by his company, Broad Vision Inc, will revolutionise the way companies do business on the Internet. He explains: "If you look at the Net, there is a very, very compelling and interesting trend developing, and that
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  • Companies & Markets
    • 387 13  -  But rally won't last since likely CPF cut will hit demand, say analysts yl David Boey [SINGAPORE] Property stocks fared well yesterday, buoyed by the recent drop in bank prime rates, but analysts said the rally did not look sustainable. The SES
      Source: Bloomberg  -  387 words
    • 365 13  -  It hopes to raise $30-s3sm cash and reduce gearing By, Ang Wan May [SINGAPORE] Mainboardlisted Sembawang Resources is looking to sell a nine-storey office block at Chin Swee Road for $30-135 million as part of efforts to raise cash and reduce gearing. The sale
      365 words
    • 388 13  -  By. David Boey [SINGAPORE] Shares of merger partners Sembawang Corporation and Singapore Technologies Industrial Corporation (STIC) marked their last day on the bourse yesterday with a spirited rally, ending the session at their week's high. Sembawang shares rose 7.66 per cent, or
      Source: Bloomberg  -  388 words
    • 766 13  -  HOCK LOCK SIEW Neil Behrmann CITY fund managers were on tenterhooks on Monday when London's FTSE--100 dipped briefly below 5,000. At that level, the index was 19 per cent below its all-time high of July, a sharp enough fall to
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    • 441 13  -  Company nnfazed, products said to have 'limited appeal' By < Christopher Tan [SINGAPORE] Listed Cycle Carriage Ltd (CCL) will lose its Chrysler distributorship in Australia and New Zealand next year, group managing director Philip Eng said. Come Jan 1, 1999, the distribution
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    • 196 13 [SINGAPORE] Mainboardlisted Hwa Hong Corporation has bought a 12.5 per cent stake in marine parts manufacturer Metalock. Some nine million shares were bought by Singapore Warehouse Company (Private) Ltd, a wholly-owned subsidiary of Hwa Hong, at $0.30 each, representing a $2.7 million investment.
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    • REGIONAL COMPANIES
      • 604 14  -  New digital system offers big savings, better voice quality and security By* Teh Hooi Ling [SINGAPORE] Sing Tel Paging's newly launched walkietalkie system with handphone capabilities is expected to capture up to 30,000 subscribers within two years, and ring in revenues
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      • 370 14  -  From. Al Labita in Manila FOREIGN buying yesterday pushed up share prices of two listed airline operators on expectations the counters stand to gain from the shutdown of Philippine Airlines (PAL). Air Philippines Inc (API) jumped 53 per cent to 36
        370 words
      • 317 14  -  It sees purchase as long-term strategic investment From Meer Tharmaratnam in Kuala Lumpur BOUSTEAD Holdings Bhd has doubled its stake from 20.01 per cent to 40.01 per cent in troubled investment holding company PSC Industries for RM237.39 million (*****.3 million). Boustead Holdings, whose
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      • 280 14  -  Byi Carol Eng [SINGAPORE] Heshe Holdings has signed two deals to invest in and expand the Billy Bombers restaurant chain and Indonesia's Fifth Avenue shoe line. The Sesdaq-listed company will invest an initial $60,000 for a 60 per cent stake in Billy Bombers Licensing
        FILE PHOTO  -  280 words
      • 175 14 [SINGAPORE] Specialist engineering group BBR Holdings' interim net earnings halved to 12.1 mUlion because of lower turnover and a margin squeeze in its geotechnical activities. Turnover feU 7.9 per cent to $64.7 million for the six months ended June 30, from $70.3
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      • COMPANY BRIEFS
        • 50 14 [SINGAPORE] Sesdaqlisted SM Summit Holding* has received in-principle approval from the Stock Rwimy of Singapore for a transfer to the main board. The group, which has an issued share capital 0f296.3 million shares, said the effective date of its transfer will be announced later.
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        • 81 14 [SINGAPORE] Mayfran International's net profit surged from $121,000 to $1.1 million for the ftill year ended June 30, in spite of higher interest costs, raw material prices and foreign exchange losses. Turnover rose 23.4 per cent to $23.4 million. Earnings per share on a fUUy diluted basis
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        • 60 14 [SINGAPORE] Ace Dynamics'net earnings dipped 6 per cent to $514,000 for die six months ended June 30. Turnover fell 42 per cent to $11.6 million. Net tangible asset per share remained unchanged at 32 cants while earnings per share on a fully diluted basis decreased
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        • 82 14 [SINGAPORE] New Toyo International Holdings potted a 53.3 per drop in profits to $1.7 million for the half year aided June 30, despite revenue rising 24.5 per cent to 170.8 million. The group blamed difficult conditions in Malaysia, increased interest costs, and a foreign
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        • 65 14 [SINGAPORE] Progen Holdings's net earnings fell 67.9 per cent to $644,000 for the half year ended June 30. Turnover decreased to $7.1 million—a 48 per cent drop from $13.8 million previously. Earnings per share on a folly diluted basis was down from 1.68 centstoo.s4 cents. Net tangible
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        • 52 14 [SINGAPORE] Meileen Choo, a substantial shareholder in United Pulp Paper Co, has increased her stake to 20.56 per cent from 2&51 per cent through Equus LaroLEquus Land bought 45,000 shares on Wednesday, boosting its holdings to 23.7 million shares. The shares were acquired at 40 cents
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        • 58 14 [SINGAPORE] Compact Metal Industries' net profit rose 9.8 per cent to $2.25 million in the first half 0f1996. Revenue rose 9.7 per cent to $64.0 million while earnings per share increased to 1.14 cents from 1.11 cents. The group made provisions of $600,000f0r doubtfol
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      • 225 14 [SINGAPORE] Mainboardlisted Wong's Circuits Holdings yesterday reported flat net earnings of $14.6 million for the six months to June, while turnover for the Hong-kong-based printed circuit board maker rose 10 per cent to $101.7 million. But in terms of Hongkong dollars,
        225 words
      • 511 16 Landmark move seen as sign of govt resolve to dean up banking sector Reuters [BANGKOK] Thailand's state-owned Krung Thai Bank pic announced plans yesterday for a huge new share issue in a move banking analysts took as a healthy sign
        Reuters  -  511 words
      • 132 16 AFX-Asia [HONGKONG] Cheung Kong (Holdings) Ltd said about 40 buyers of residential flats at Maywood Court of its Kingswood project in Tin Shui Wai have forfeited their deposits. Senior sales manager Joseph Lau said the company will look at individual cases to decide whether
        AFX-Asia  -  132 words
      • 300 16 Bernama [KUALA LUMPURJ Commerce Asset Holdings Bhd (CAHB) may become the holding company of Bank Bumiputra and has proposed to merge the latter with Bank Of Commerce (BOC). "CAHB will acquire the entire stake in Bank Bumiputra and then will accept Khazanah
        Bernama  -  300 words
      • 603 16 Bloomberg [HONGKONG] In the heyday of Hongkong property, when home prices were rising 50 per cent a year, Robert Ng was a big spender in a city of big spenders. Now the bill is coming due. Mr Ng's property firm,
        Bloomberg  -  603 words
      • COMPACT Briefs
        • 94 16 Bloomberg [PARIS] LVMH Moet Hennessy Louis Vuitton SA, the world's No 1 luxury-goods maker, said first-half list income Ml 6.4 per cent as sales declined at its DFS Group Ltd retailer and it warned that foil-year profit will decrease. The maker of Louis Vuitton leather
          Bloomberg  -  94 words
        • 48 16 Reuters [HOUSTON] Drypers Corp said yesterday it had acquired PrimoeoftSdnßhd, a Malaysian maker ofbaby diapers, for US$l2 miUion(Ss3o.6 million) in cash and stock. Primosoft sells about USH3 million of difennwmurtly, including a significant portion under the Pureen label, Drypers said in a statement.—Reuters
          Reuters  -  48 words
        • 85 16 AFX-Asia [HONGKONG] Henderson group director Li Ning tiie company has shelved four hotel projects, taking into account the difficult operating environment of the industry. Altai/too quoted Mr Li as saying that existing hotels of the group posted a very poor performance in the three montiis
          AFX-Asia  -  85 words
      • 298 16 Bloomberg [TOKYO] Nissan Motor Co, Japan's second-largest carmaker, said it sold its headquarters building in Tokyo's posh Ginza shopping district for 14.6 billion yen (*****.3 million) as part of its plan to slash debt and restore profits. The carmaker sold
        Bloomberg  -  298 words
    • INTERNATIONAL COMPANIES
      • 490 17 Company's earnings expected to be hit by economic crises overseas Reuters Bloomberg [NEW YORK] Coca-Cola Co executives have summoned Wall Street analysts for a hastily scheduled meeting this morning in New York, suggesting that the leading soft-drink company is about to deliver ominous news
        Reuters; Bloomberg; Source: Bloomberg  -  490 words
      • 326 17 Consumer and corporate imaging divisions to be combined Reuters [BOSTON] Polaroid Corp said on Wednesday it merged its consumer and commercial imaging divisions, but analysts said the film and camera company continues to struggle with slowing sales In Russia and
        Reuters  -  326 words
      • 254 17 NYT [NEW YORK] Bayer AG, the German drug and chemical company, said on Wednesday that it would pay U5596.6 million (Ssl66 million) to buy a 14 per cent equity stake in Millennium Pharmaceuticals, a genomics company in Cambridge, Massachusetts. Bayer will
        NYT  -  254 words
      • 507 17 But raling subject to sale of some key insurance business within five years NYT Reuters [NEW YORK] The Federal Reserve Board on Wednesday approved the merger of Citicorp and Travelers Group Inc, a combination that would create the world's largest financial services company,
        NYT; Reuters  -  507 words
      • 215 17 Bloomberg [OAK BROOK, Illinois] McDonald's Corp, the biggest US restaurant company, said on Wednesday that it expects third-quarter sales outside the US to rise 13 to 14 per cent before adjusting for the strong US dollar. That kind of growth, even in the face of
        Bloomberg  -  215 words
    • FINANCE & COMMODITIES
      • 246 18  -  DBS among members in body which aims to promote syndicated loans By\ Siow Li Sen [SINGAPORE! Some of the biggest banks active in loan syndication from Singapore and Hongkong have formed an association to promote and develop the primary and secondary loans markets
        246 words
      • 421 18 Werst decline in 7 years expected with trading, loan losses Bloomberg [NEW YORK] US banks' profits are expected to suffer their worst decline in seven years in the third quarter, as slowing economies and tumbling currencies in Asia, Russia
        Bloomberg  -  421 words
      • 317 18 Exchange seeks to keep pace with rivals like Cantor Bloomberg [WASHINGTON] The Chicago Board of Trade said it has received regulatory approval to begin online trading of its US Treasury futures during daytime hours, as the exchange seeks to
        Bloomberg  -  317 words
      • 260 18 Bloomberg [HONGKONGJ Beijing Copper Plant, one of China's largest copper mills, will likely go bankrupt as a worldwide slump in copper prices has piled up losses at the company, according to China's official publication China Metals. The 42-year-old company, which has
        Bloomberg  -  260 words
      • 278 18 Bloomberg [LONDON] JP Morgan Investment Management Inc and other US financial services companies have won mandates to manage National Mutual Life Assurance's equity portfolios, beating UK rivals that traditionally have dominated the £700 billion (Ss2 trillion) British pension fund business. JP Morgan, which
        Bloomberg  -  278 words
      • 193 18 SJKEXReport Reuters [SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures were firmer yesterday amid hopes the Bank of Japan (BOJ) would step up efforts to alleviate the credit crunch facing some Japanese banks. Dealers in Tokyo said there were talks the BOJ
        Reuters  -  193 words
      • 197 18  -  MSaTAIWAXrOTQBBB Charlie Kuo service dealer, Refco Singapore THE Simex MSCI Taiwan Stock Index futures rose yesterday on the back of gains in world stock markets foUowing hints by the Federal Reserve chairman of a possible rate cut on Wednesday. The September 98
        197 words
      • 236 18 ENERGY REPORT Reuters [LONDON] International Petroleum Exchange (IPE) Brent futures moved sideways yesterday at lower levels after morning profittaking but dealers warned that prices could test fresh lows. November Brent crude traded six cents lower at U5514.45 a barrel at 1450 GMT and gas oil
        Reuters  -  236 words
      • 268 18 Bridge News AFP THE dollar lacked any clear direction in a nervous market, with many traders busy trying to second guess whether the US Federal Reserve will cut interest rates at next week's Open Market Committee meeting. Some took overnight comments from Fed chairman Alan Greenspan as a
        Bridge News; AFP  -  268 words
      • Article, Illustration
        1138 18 BITHKBAMg CROSS KATBS Sep 24 """"77" T *>" -V v -i A$ C$ —fc CCU Fir Da H IMfrOMlM Vm 8m H 92$Nfc0» Nm S$ MM »«r W> 988 N>9 Ml AostraAa 0.979 6.08 MW 3293 0.979 4*5 ***** 0174 0.795 1100 1210 181 31.408 25.539 1000 3J04 *****097 *****
        1,138 words
    • 1363 19 SIOOM FlITUIiBS Sep 24 ksic«rmctismm» awt mm 9m HMMI M# Lot M( (tmH) Marat Oct 98 122.00 ***** ***** 200 1050 Mv98 ttSlflO 123.00 123.25 100 1550 Otc 98 124.00 1H00 124.00 W0 MM ***99 126.50 1990 Apr/Jw 99 130.75 1950 J&*«99 0525 HO US 3 CONTRACT (SScMtVH)
      1,363 words
    • 1785 19 s—u fmm 34 Group 499.000 -***** AB Port* 254.000 6.000 AMoy National 1095.000 -V4.000 AHM Oomocq 420.000 uneh Amoc V48.000 -2.000 AuXGroup 167.400 "7.000 BAT tad 477.600 -7.400 BC Pic 375.000 -0.200 BtCC 63.000 -2.000 BOC Group 737.000 -2X000 BR Potroioum 882.000 3400 BTR >10.000 -L400 Bank
      1,785 words
    • 1533 19 Bloomberg O Nikkei 22S +4UJ7 JAPAN'S benchmark stock index recorded its steepest rise in three weeks, led by Sony Corp, after a surge by shares on Wall Street bolstered speculation that a US interest rate cut is imminent. "It's buying by association," said Nobuaki Kurisu, a general manager at
      Bloomberg  -  1,533 words
    • Article, Illustration
      1401 20 Reuters FlHmgSeag ******2 STOCKS raced to a sharply higher close yesterday, fuelled by a strong performance by global markets amid hopes that a US interest rate cut is on the cards, brokers said. The Hang Seng Index rose 330.22 points to 7,834.61. The blue chip index earlier hit a
      Reuters  -  1,401 words
    • Article, Illustration
      570 20 Reuters nShaateißMii +OJ2 SHENZHEN'S hard currency B shares ended higher in light trade yesterday, boosted by a sharp rise in the neighbouring Hongkong stock market, analysts said. The B Index gained 0.62 of a point to 64.57 on turnover of HKJIO.7 million. "The B shares did fairly well for
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  570 words
    • 342 20 Reuters nWPfafax +17.78 TAIWAN stocks closed just a trace higher yesterday as late profit-taking erased most of the market's early gains, brokers said. The Weighted Price Index closed up 17.78 points at 6,979.95. Turnover was relatively muted at NT576.34 billion. Wall Street's powerful overnight rally stirred early buying, with
      Reuters  -  342 words
    • 244 20 AFP FlWeflfflgtop ****** NEW Zealand stocks closed up 1.8 per cent yesterday, brushing aside negative leads for the economy and taking their cue from bullish overseas markets. The NZSE-40 Index was up 30.24 points to 1,730.46 on solid turnover of NZ$9B.B million with Telecom Corp up 15 cents to
      AFP  -  244 words
    • Article, Illustration
      763 20 AFP Q SET Intel +18J THAI shares soared 8.2 per cent in heavy trade yesterday as foreign investors returned to take positions ahead of an anticipated change in the country's fortunes, dealers said. Analysts said the market enjoyed a rush of offshore institutional investment focusing on blue-chip firms across
      AFP  -  763 words
    • 396 20 AFP nOwnpoatelafai ♦laaa SOUTH Korean share prices leapt 6.5 per cent yesterday as investors went on an aggressive buying spree following the collapse of the auction of failed Kia Motors Corp, dealers said. Shares in units of the giant Samsung Group led the buying flurry which came as investors
      AFP  -  396 words
    • 563 20 AFP QAllOrikariei +4L3 AUSTRALIAN share prices gained 1.6 per cent yesterday on expectations of a US interest rate cut, brokers said. The All Ordinaries Index closed 41.3 points higher at 2,614.9. National turnover totalled 367.64 million shares worth A 11.17 billion. The All Industrials Index finished 76 points higher
      AFP  -  563 words
    • Article, Illustration
      658 20 AFP □Composite Index +HJI INDONESIAN shares surged 7.6 per cent yesterday on the expectation that the rescheduling of US$4.2 billion (557.21 billion) of sovereign debt will have a positive impact on the economy, dealers said. A dealer with a regional brokerage said the government's debt rescheduling agreement with the
      AFP  -  658 words
    • 299 20 AFX-Asia □igfc «im SHARE prices closed sharply higher following Wall Street's rally, spurred by US Federal Reserve chairman Alan Greenspan's comments, with PLDT's gains in the US market duplicated in the local bourse, dealers said. The Composite Index closed up 60.56 points at 1,220.25 on volume of 219.78 million
      AFX-Asia  -  299 words
    • KUALA LUMPUR STOCK MARKET
      • 353 21 F1 Composite Index +IL2O SHARE prices ended 3 per cent higher yesterday, boosted by gains on other regional bourses and bargain-hunting by domestic players. "Some confidence has returned to the market" after comparative volatility earlier in the week due to the political situation, said Kuala
        353 words
      • 7802 21 Mlgb Low ClM>li| Ml "OOP I8g» Law P/t 310 170 Ajtaomoto 210 S n 210 206 11.6 85.1 148 33 Angkasa 60 3 103' 41 M 1.4 SU 240 123 Apollo Food Hlg 176 6.1 704 3M 108 BarJayaLand 143 7 §92 144 136 8 3 991J 520 267 CtCBintang
        7,802 words
    • WARRANTS & OPTIONS
      • 221 22  -  WARRANT WATCH -Byl R Sivanithy THE Parkway Holdings warrant sprang to life yesterday, rising 5.5 cents to 16 cents in heavy volume. A very interesting play is developing here and the next few days could be very eventful. This centres around the issue of whether
        221 words
      • 2440 22 ■ONUS, LOANS ft WARRANTS l*M UM Vol Do* Lm* tfctoto A»« HMI L— Mm C ompony »«f- COOP) HHP Low Buyor So«or Prtco 20.5 3 3160 "Aeor ******1 US$ S *0.5 35 6 5 4.5 5.S 95 5 3164 Acmo ******4 7.5 »0.5 248 8 7.5 7 73 8 3161
        2,440 words
      • 198 22 Or Or MM Last V«4 Day Laat Ouata 0* Mv YM Nat M Cap HM> Law %*m Cimn M> f000> Law —yar Mhr fw W/t $W 400 250 5123 CDL(2000)HK 400 410 80 ZA Z0 205 7744.7 5124 Cathay Pac 20c HK_ 720 265.0 2.1 7A 4.0 *****.4
        198 words
    • 5981 23 Transaction date: Sep 24 Of Or m art i«m Last v*i Day Last Omu m vm nd Caa **s H>» Law mis fin—n am roooi mn> Law b»t» BaBar cv M pnaa 142 49.5 mt 1000 Acma SOc 59 *1.5 259 60 54 58.5
      5,981 words
    • 1120 23 «r Or M Wt Lot Val Day LaatOuata CM* M* YM Nat Cap Av* w» u» »«w ciimi «n roooi mn> um rnm/m urnm cw f/i <a3T w 243 30 204* •ASAutoKk 71 id *4 32*9 74 HJ 71 72 T5.0N 73 2.1 C7 611 M 82 44 a
      1,120 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        257 24 StKta Vol—a ERes WtOI 1M70.000 KeppeiLandSOc 17.053.000 DBS Land 14,223,000 STEngglOc H,697,000 Datapulse 5c 10,749,000 Wing Tii 25c 9,612,000 EResrceslOc 7,468,000 City Dev 50c 7.361,000 Parkway Wt96 6,638,000 UIC 5,725,000 Knit I City Dev 50c 26,069,900 STEnqglOc 19,090,980 DOS Land 16,779,730 SPH 15,888,422 Keppei Land50c 13,004,620 D8S Foreign 11,370,876 SingTei15c
        257 words
      • 646 24  -  STOCK MAUBT 00MMHMTAB7 Finance and electronics counters also surge; Parkway makes decent gains despite profit plunge By R Sivanithy [SINGAPORE] US Federal Reserve chairman Alan Greenspan's Wednesday hint of a forthcoming Interest rate cut sent local stocks soaring yesterday, led by property
        646 words
      • ON THE GRAPEVINE
        • 171 24 HONGKONG'S Financial Secretary Donald Taang. who was behind the recent stout defence of the Hongkong currency against speculators, waxed lyrical recently on the evils of money and greed. Speaking at the opening of a literary festival, he quoted extensively some biblical thoughts that have stood the test
          171 words
        • 146 24 IT Is possible that Singapore Amines Is doing so w*ll that it's decided to give other airlines a helping hand. A Singaporean couple in Hongkong planning a Loridon t vacation decided they should take an BIA p*/4rafl» rait of lrvynlty tn f-Hnhr ngH/snp!
          146 words
        • 21 24 have spare causes. With this in mind, financial martot an tlwir Jobs wbfls tbfi pfldMitt wish to help. a HHHNHHHMBRHHHRPnHHranBB
          21 words
      • Article, Illustration
        74 24  -  by Shiv Taneja TUAN SING Holdings closed half-a-cent higher at 115 certs on a volume of 4.32 million shares, compared with its 10-day traded average of 1.7 million shares. The counter is trying to build a support base at the current level, but it is likely to face selling
        74 words
  • Page 13 Advertisements
    • 117 13 M jhVi<L\ il IH P i tw 1 it n JfiSSEtw "^K.< I I jr A A I vk: v^tr:; gfc**««»*jg| "IgwHfcJ ?-..3f- fc». I rr \a! x Bi^HQE^BaßK^fc *T J iyigßK KW*gp_jr jilr> t*~ -S»ws^3W>B -J.i WEJI"—- rr fc J? r .vA-ir~ -j—•• -s?*?=- 7 J -vPJKJ^aH TliTwi^ J
      117 words

  • Page 14 Advertisements
    • 225 14 i >1 THE WORLD'S LEADING w v 1 OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS I Incorporation Fees from USSSOO > BAHAMAS JERSEY If BRITISH VIRGIN MAURITIUS ISLANDS CAYMAN SE^HELLES ISLANDS SAMOA IRELAND Jk Wm Visit OCRAs definitive Offshore Companies Web Site at wwwocra com I Cathay Paoifio not raising fares
      225 words
    • 702 14 AVENBURY PROPERTIES LIMITED (Incorporated in the Republic of Singapore) Directors:Registered Office--30 Robinson Road Hwang Soo Chin #12-01 Robinson Towers Lau Cheng Soon Singapore *****6 See Yen Tarn To: The holders of the Bonds (as defined below) 24 September 1998 of Avenbury Properties Limited AVENBURY PROPERTIES LIMITED (THE "COMPANY") 5550,000,000 4.65
      702 words

  • Page 15 Advertisements
    • 332 15 Hardwick Simmons I I I I "The Prudential-Bache W 1^ group of companies has been serving A Investment Batik and its success has been m m m W WMMM wwm mmm. due to an unfaltering commitment to its clients. 111 Our goal is to build long term working relationships with
      332 words

  • Page 16 Advertisements
    • 36 16 f i r This announcement appears as a matter of record only VENTURE <-■ VENTURE MANUFACTURING (SINGAPORE) LTD (Incorporated in the Republic of Singapore) S$ 63,750,000 PLACEMENT OF VENDOR SHARES Sole Manager and Bookrunner ingA*)barings August 1998
      36 words
    • 43 16 i** f I This announcement appears as a matter of record only JF Nat Steel Electronics NATSTEEL ELECTRONICS LTD (Incorporated in the Republic of Singapore) S$ 121,210,000 PLACEMENT OF NEW SHARES t INGIfcD BARINGS 0 DBSBANK 7VEDEVELOPMO»ITaANKOFSWGAPOREUD September 1998 f ..iv 1 .i
      43 words

  • Page 17 Advertisements
    • 57 17 If you reside or work at Bukit Timah, Holland or Shenton Way, you can now receive your personal copy of The Straits Times at 3am. At a special delivery fee of just $30* per month! For more enquiries v please call 749 2577. V. r A •minimum of 50 subscribers
      57 words
    • 74 17 f You never actually own a Patek Philippe. You merely look after it A PATEK PHIUPPE for the next geneve Begin your own tradition. r MNOANM THE HOUR GLASS TdkcMNmoyo Shopping Centre Tel: 734 2420 -HV Scotls Tel: 235 7198 Lucky Plaza Tel: *****62 U MALAYSIA THE HOUR GLASS *LoMO
      74 words

  • Page 18 Advertisements
    • 65 18 CfdtewaAi HoteL A hotel that simply makes you feel right at home Fully furnished air conditioned rooms Color television IDD direct dial Laundry service Convenience store Beauty Salon Food court Personal electronic safe Complete bath facilities Coffee/Tea brewing equipment Mini fridge All these in a Price that does not compromise
      65 words
    • 16 18 Up, 0 W The Straits Times Classified comes \rt handy when I'm looking for courses.^) catjs.
      16 words


  • Page 20 Advertisements
    • 109 20 1 Make a purchase at any Montbtanc boutique and get a con-esponding refill from our new boutique at The Paragon from now till end October. 2 ■m. You also have a chance to enter our monthly ff t t grand draw. Montbtanc Paragon, you can now I f viPYP c
      109 words


  • Page 22 Advertisements
    • 431 22 BUSINESS Xoticcs r<> advertise cull toll-tree ISOO-741 INS 3 In the Matter ot the Companies Act Cap. 59 aad la the Matter of Perfect Artceil Pte Ltd (la Members Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 17 DefuLaine 10 #01 -354
      431 words
    • 336 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SOCOMAS ENGINEERING PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) Notice of Appointment and Situation of Office of Liquidators Name of Socomas Engineering Company Pte Ltd Company No. *****/1987-H I, Joseph Wong Ptiui Lun of 20 Maxwell Road
      336 words
    • 784 22 IN THE MATTE* OP THE COMPANIES ACT, (CHATTER JO) PURSUANT TO SECTION OTOOKb) At i General Meeting o< SHOWA ENGINEERING (S) PTE. LTD. duly convened and held at Unit 208, 2nd Floor. 75 Mody RoadTST. East Kowtoon. Hong Kong, on l«/ 09/199« the following resolutions set out below were duly
      784 words
    • 336 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MANDY CREATIONS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act Cap 50. that the FINAL MEETING of the members of the abovenamed Company will
      336 words
    • 7 22 Turn to Page 24 for more Notices
      7 words


  • Page 24 Advertisements
    • 503 24 [business I In The Matter Of The Companies Act Cap. 50, Section 291 (1) And In The Matter Of NISHIDEN COMPUTERS ASIA PACIFIC PTE LTD Company No. *****1252-H STATUTORY DECLARATION BY DIRECTORS Of COMPANY'S INABILITY TO CONTINUE BUSINESS •Y REASON Of ITS LIABILITIES Tha Registrar d Companies, Singapore 1. Masashi
      503 words
    • 300 24 M THE MATTER OF THE COMMNWS ACT, CHAPTER 80 ANO M THE MATTER OP TAKAYAMA (ASIA) PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that tha creditors of tha abovanamad company, which Is being voluntarily wound up, ara raquirad on or bafora 19th Octobar 1996 to sand in
      300 words
    • 507 24 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF HALLE LA FAME PTE LTD (Mwbw* Voluntary Liquidation) M an Ejeraordkiery General Meeting of tw ebCMinemed company duly convened and held on Wdßy, 1«h «Miii<ili WW, N lo*x*ig resotußorw ware duly passsrt SPECIAL RESOLUTION 1) "That
      507 words
    • 598 24 M THE MATTER OF THE COMMNKS ACT, CAR M JIAN WEI PUBLICATIONS PTE LTD (In Votetory Liquidation) At an Extraordinary General Meeting of the members d JIAN WEI PUBLICATIONS PTE LTD duly conwnad and haM al 0001 Beach Road #14-01 Odder MM Tower. Sraipon *****0 onto lBtidaydSepterrt)er<9A.»ie Mowing Spedd Reedubone
      598 words
    • 291 24 THE COMPANIES ACT, CHAPTER 50 PBI SERVICES (1997) PTE LTD (Msmbsrs' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursusnt to Saction 308 of tha Companies Act, Cap. 50, the FINAL MEETING of the members of the abovanamad company will bs hald at 3918 Orchard Road, Tower
      291 words
    • 530 24 h die nana d the Compmles Act. Csp. )0 UM BROTHERS COMPANY (PRIVATE) LIMITED (InaaporaMd la Singapore) SPECIAL RESOLUTION At so Extraordinsry General Meeting of the members of the sboveaamed Company, duly convened and held at 34-H Kim Ttaa Road. Singapore *****0 on 23rd September 1998 die following Special Resolution
      530 words
    • 737 24 M THE MATTED OF THE COMPANKS ACT, CAP. ID AND M THE MATTER OF OVER PRORRS ASM PACnC PTE. LTD. (In Members' Voluntary LtqukMton) NOTICE OF RESOLUTIONS At an Extraordtoary General Ma—no of tw members of the abovenamad Company My convened and heM at Via Maraom 38, SOtai Mdano, Haly
      737 words

  • SHIPPING TIMES
    • 317 25 Bridge News Reuters TRADE was sluggish, but essentially there remained strength in the Asia Panamax market There was also positional strength for Asia handymaxes with a rate over US$lO,OOO daily agreed. The tensions on the fixtures are moving from a mere battle to wholesome war, Clarkson Securities Ltd
      Bridge News; Reuters  -  317 words
    • 203 25 C«rr attribution 0.29 *0.01 163 Chufn Hw0 0l34 *0.01 392 CamkMMrtMMt .040 uncft n rr+ohtLMl 0.165 ♦0.01 300 OMMtnp 0J1S -0.015 hms«»hup o.3i *o.ot m HllacM Zmw 0304 ♦O.OOB 41 MCIM«V HK 5.60 J«y» HoMngt 0.445 *0J0» WSJmitS 3:35 *m*ru* vm *o.w 702 0.925 *0.015 41 Km« T«t»
      203 words
    • 375 25  -  Acquisition of ANZDL the fifth sach deal in two years By] Marcus Hand [SINGAPORE} As the trend towards consolidation in the shipping industry continues, CP Ships has announced it is acquiring Australia New Zealand Direct Line (ANZDL). CP Ships parent company Canadian
      375 words
    • 277 25  -  By] Marcus Hand [SINGAPORE] The importance of shipping to the world economy was stressed by International Maritime Organisation (IMO) secretary-gen-eral, William O'Neil, in his annual World Maritime Day message. IMO celebrated World Maritime Day yesterday, which this year goes under the theme
      FILE PHOTO  -  277 words
    • 179 25 [SINGAPORE] Hongkong port's new River Trade Terminal (RTT) at Tuen Mun will help strengthen its position as a hub port for Southern China, Port and Maritime Board (PMB) chairman, Peter Thompson, said. Tuen Mun RTT is the first purpose built river trade terminal
      179 words
    • 780 25  -  ADMXRALT7 CASEBOOK By\ Selva Kumar ARTICLE 21 of the Uncitral Model Law states that unless the parties have agreed otherwise arbitration commence? from the date a respondent receives a notice with a request for the dispute to be referred to arbitration.
      780 words
    • 264 25 Reuters [LONDON] Gibraltar is likely to go ahead with plans to create a container shipping hub port facility for the Western Mediterranean, a government minister said. "The big development we hope to see in the not too distant future is the construction
      Reuters; FILE PHOTO  -  264 words
    • 240 25 AFP [ATHENS] Greek shipowners said that they were "extremely worried" by a decline in the country's shipping which has seen the Greek merchant fleet halved in the past eight years. The number of ships flying the Greek flag had come down from
      AFP  -  240 words
    • 568 26  -  GULF PORTS Gulf states are vying for region's shipping business to diversify economies away from oil Byl Maher Chmaytelli AFP in Manama, Bahrain WITH Gulf states desperate to diversify their economi e s away from oil, competition for the region's shipping business risks degenerating
      AFP; FILE PHOTO  -  568 words
    • 284 26  -  From, Rajendra Bajpai in New Delhi KANDLA port in western India is relying heavily on privatisation to increase its handling capacity from 38 million tonnes to 60 million tonnes by the year 2002. Kandla is one of India's 11 major ports
      284 words
    • 326 26 PAGE Evergreen 6 ANL 3 Express Tl 13 Accord 8 F <»«>9Sw AhreiftM 12 FroU 13 AppcnMp s FrtLMu M Astro 3 6Ul 4 Austral Gewartrans Avant 14 Gwsh M B'tang Mas 8 M »SA 7 BTl M Hangli 7 Bangladesh 13 Batamindc 12 Htunq-As 7 Brid9WWtW
      326 words
    • 16737 33 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Oest'n Nmn Name Mw>y Number SIN Dest'n Nam* Name Number Number MMMMMMHMMMMMHMMMMMMMMNMMMMMMMIHMNMMI 26/09 27/* Clan S A KOTA BERANI V.BRNO V 9818SB 65 *****3* To ABIDJAN (ABJ) 2003 Cot* D'I voir* mm
      16,737 words
    • SHIPS IN PORT
      • 798 39 VistJ Voy Mo Bfth Arrlvj Ptpwturo loynuid KM MKXM > J03 aWngsid* 24.09/000 IrigM Hop* II J12 atongsM 24.09/064? M Afraai *****8 J01 MKUM 25.09/0900 It Mm Joy ****** JOI iMguK 24.09/1900 M Mm 71IU S£P24 JOI itongsx* 24.09/1800 M Pi) mm 4*0998 J01 ataigsM 25.09/0)00 M Putri
        798 words
      • 1724 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofclnq/Bolanco Rstls Ship Voy No Etb/Btr Ptrtod Froai Jo From kiln) 015* *7/1500 U 24/1500 24/1*9* 24/1*00 24/1500 24/1*99 24/1*00 2* 24/1700 25/0*99 25/0*00 21 24/1700 25/0*5* 2VOSOO 25/0700 25/TB* 25/MOO 4 25/1200 25/145* 25/1700 Mwfty* *33S 27/T700 U 24/1500
        1,724 words
      • 193 39 Sap 34 South Africa: Heritage Day. 8«»28 Hong Kong: Chung Yeung Festival. Taiwan: Teacher's Day. Oct 1 China: National Day. Hong Kong: National Day. Oet 2 China: National Day Holiday. Hong Kong: National Day Holiday. Oct 3 Germany: Day of German Unity. South Korea: National Foundation Day. Oet
        193 words
      • 799 39 THIS report compiled by Cockett Marine Otl Ltd. shows price ranflaa In US dollars instead o( single price* far a more comprehe naive deacription of the market Prtcea shown are baaed on avera«r-slaad stem Market movements are indicated The Cockett Bunker Price Index change and the
        799 words
      • 417 39 S*n Dw»lty Water HiMm At* AImMm SitoiH No above £25 1 4 12 3 3 0 JJyT 380 Ave 9882 0J 15J 0.07 28 0.03 Iimi 380 Mu 991.9 0.9 19.4 0.11 54 0.11 t Uflfi %M/M %M/M WW No above G35 14 0 10 0
        417 words
    • AIR & LAND TRANSPORT NEWS
      • 509 40 Some Indonesian routes have seen 20 to 30 per cent drop in yields [SINGAPORE] Singapore Airlines' regional unit, SilkAir, has been forced to defer its expansion plans, as many of its operating markets, in particular Indonesia, have been hit hard by the effects
        509 words
      • 453 40 SIA removes discounts to Manila but retains special rates for maids Bloomberg AFX-Asia [HONGKONGJ Cathay Pacific Airways said it would not immediately raise fares to the Philippines in the wake of the collapse of Philippine Airlines Inc. Singapore Airlines removed
        Bloomberg; AFX-Asia; REUTERS  -  453 words
      • 115 40 AFP [PARIS] Traffic at Orly international airport south of Paris was delayed by an average 30 minutes per flight yesterday due to a strike by airport personnel, the airport said. Authorities closed down one of the two runways at the airport as firemen joined
        AFP  -  115 words
      • 276 40 Slowdown in business, lower load factor in region prompt move Reuters [BANGKOK] The government will revise national carrier Thai Airways International's plans to purchase 21 aircraft from fiscal 1995/1996 to 1999/2000 (October-Septe-mer), according to a minister yesterday. Transport and Communications Minister, Suthep Thaugsuban, said
        Reuters  -  276 words
      • 609 40 Territory forecast to handle a total of L7m tonnes in 1998 Reuters [HONGKONG] Hongkong stayed on track as Asia's premier air cargo hub despite recent problems at its new airport at Chek Lap Kok and the regional economic turmoil, the territory's
        Reuters; FILE PHOTO  -  609 words
      • 1503 40 OTY FU6W7 ETA F1BHT QO S***** 1625 S026 2350 MMi ***** WO LM6374 1710 1X7*7 2359 AiMtariaai ****** 0755 K1044 0040 $0325 1710 ****** 2359 $0327 0755 (A974 2255 0W> MPS *****6 2351 HU37 1455 mm 2300 Fd—>a SOW 1700 $0990 0W5 ****** 2320 tl»0llWC $0003
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  • Page 25 Advertisements
    • 19 25 Gulf states may be in for some fierce competition States trying to diversify economies away from oil. Page 2
      19 words
    • 175 25 Silk Air, bitty regional crisis, defers expansion Some Indonesian routes have seen 20 to 30 per cent drop in yields. Back Page Shipping Times SPECIAL FEATURE WEDNESDAY, 14 OCTOBER '98 The total marketing solution for Asia's logistics industry The first complete exhibition in Asia for the logistics industry is coming
      175 words

  • Page 26 Advertisements
    • 1049 26 i NORTH AMERICA ~1 EXPORT I 1 OTHER DESTINATIONS 1 i BfiX -3UPCT SMimi£gXPt«»B-PWKTTOt> IFI WKBT Co T AMCTKSA (MAWQAWTA SCTVICE) m m J£ m taa<m I I™l I wawmi I rrfmHM [hmIYMT* I I psa. as: si: s;;: \iz z OOaHOMMM MMI M/W M/ll a/ll a/11 M/ 11 M/ll
      1,049 words
    • 620 26 LJh®s 4 services represented "J of me Registry o» Sngapore Freight Forwarders Accredited Shipping Agents. BiAAf Association Sngapore Shipping Association NORTH WEST EXPRESS LINE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "ARKTIS PRINCESS" V.9801 ETA SIN 29/09/98 BOOKINGS CALL JULIA/MONICA TKL 323 4374 CONTAINERS/CONVENTIONAL CARGO FROM PORT
      620 words

  • Page 27 Advertisements
    • 1094 27 TO EUROPE FROM EUROPE Egg w aw m tit hmi m sourer im [vessel vot rtm aim ham miv sou fit uh sm HT EMPOOR 314W 28/09 IS/10 17/10 10/10 14/10 HYMME 31* 03/09 05/09 00/09 02/09 24/09 NOL AMAZOMTE 01IW 01/10 14/10 21/10 22/10 10/10 MM 5221 04/00 00/00
      1,094 words
    • 2045 27 (2) HANJIN SHIPPING HAJUM SNIPPING (S) PTI LTD tat://ot» hqa. com MOONG 32M235-237 SALES 37M774 ?3t OOCUM£HT: 37A0271-274 OPfAATIONS J2W241 252 MAM Lltt *****55 W ******0 (1 NO: **********0 M TO NW USA CANADA USA CANADA* mvsi/vor I im I si unihaul/vot su tw dm rax oi msp m on
      2,045 words
    • 331 27 FULLY CONTAINIRISID DIDICATID lIRVICIS mtn,\ Hif I lfßSa W_ _M_ TO WT m HK IE tfSJI WIS IwTnnHO; momma us ?o/w nm im ivw 17/w a/w oi/io (tt/io T iiim I I ioiklotttolStto I MTCUESAII lI3S IS/W 01/10 04/10 QE/10 07/10 StChSoSnG mK I 04yj& I M>TO IlLMrcnf&All ilS|w/To| "/jo
      331 words

  • Page 28 Advertisements
    • 1402 28 DSR-SENATOR LINES TO UK/CONTINENT TOREPffIjA/MTOnEMtANEANCANADA «ssa WT r LtH HTM AIM IMB WW FU TO OM JB> BIT IH FM VU lIW MNUNDAUAN W0042 MM 17 11 10.10 1(11 1711 MM WAIMMBTOHSENATOR MOM M M MM MM MM »M MM SIM PUNJAO KMATOft MM MM MM MM M M M
      1,402 words
    • 961 28 JKL®!* I f\-/ "> J OWMfctmiWH— 8IRU: (004) *****0 UAMLA: (632) M ***** PENANG: (04) *****36 BANGKOK: (082) *****67 SURABAYA: (31) *****0 P. KELAWQ: (03) *****77 JKT: (21) *****07 MON: (61)*****3 KUQ6NQ (062) *****1-3 KAOHSIUNC SURABAYA MV "KOTA BERLIAN" V.BRLOBI MV KOTA SURIA" V.SUR429 ETA SIN: 03/10/98 FTA SIN: 04/10/98
      961 words
    • 511 28 LINE Br THi MM4M IMb MUARA LABUAN vbsb vor no m msa vor m n* SrOHMUMU SfOCf UN SUMBHOK VZ7E/I0 27/00 01/10 SfIAfTCNOPf V271/W 27/00 11/10 CAIAKAJM-33V1X/W 01/10 04/10 CAIAKA JMO-31 Vm/00 01/10 OS/10 SIUITSNOK VIK/W 00/1010/10 nuns NOK m/w m/>o 10/10 CAUIAM-32V14(/0010/10 13/10 OUUM-32 VI4I/40 10/10 M/ 10 IK.
      511 words

  • Page 29 Advertisements
    • 1439 29 |yga»gL vov am pou pko pen pqb dub shj ba bik MAN MATIN PJL 1308 10/00 27/00 28/00 28/00 20/00 IRAN VAHOAT PJL 1317 08/10 08/10 18/10 17/10 PQB- Mtu Qataos, OUB Dubai. SHJ Shar|*h, BA Bandar Abfctt. BIK > Bandar Imam Uwmaini ACCEPTING CONTAJNER/BKAK-BULK SHIPMENTS TO INLAND POINTS IN
      1,439 words
    • 1742 29 DIRECT TO ISRAEL 1 IN 13 PAYS I jUIVIRY THURSDAY J I SINGAPO#E'S GENERAL AGENTS: 6 SHENTON WAY TEL: 226 1900 FAX: *****08 OUTWARD (l/l) ta^2SoT,, Tl!o«Ofna ,B COSTAR SHIPPING PTE LTD «17-mmshog SAUS/MGS *****57/60 INWARD DCFT ID/OI *****15 COSTAR AGENCIES (M) SDN BHD CT WO: **********0 M TOWtR TWO
      1,742 words
    • 651 29 f EASTERN CAR UNER, fis7 ti«sF Lf-J Ed (SINGAPORE) ITt LTD 2STJZZ. 1 STtOAIiZt IN HEAVY UTTUrTO 122 tows! ECI (SINGAPORE) PTE LTD LOADING FOR JAKARTA MANILA MV "ORIENT LILY" V.30 MV "TERESA PRESTIGE" V.19 ETA SJN 27/09/98 ETA XT 01/10/98 ETA SJN 27/09/98 ETA MNL 02/10/98 PORT KLANG/COLOMBO/CHITTAGONG JAKARTA/YOKOHAMA
      651 words

  • Page 30 Advertisements
    • 1321 30 Eimf«MwewiiumniM*www SGP ROM AXW HN THP ZK LHV I LHV TOP ROM ANW NM P*L $GP E. DAINTY MHI7 27*9 18/18 28/18 17/11 18/18 28/10 21/10 E REWARO RE 030 (UN 05*9 04/00 37*8 88*8 01/10 12/10 E. DYNAMIC RW-881 04/10 23/11 20/11 24/10 20/10 27/10 20/10 lE. REFINE RE-817
      1,321 words
    • 801 30 CSSSSsI&H PACIFIC INTERNATIONAL UNES (PTE) LTD^ I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO **********06 lIVPW vqt ml«k I w in> oa m mukm m. piTl UMUAUSTIAUA M) 17/»Tm7» 1/10 ij/10- IT/10- 24/10 I w w t4/i w**thumhin 1/10 I s/io I mTTo -TiTTo n/Tow/TT 31/101
      801 words
    • 567 30 PPk NANTAI LINE HALT CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vessel |voT|s«|rm|DW|jw|(wjw GOUWDK6OW im W/W 01/1Q 12/1Q IS/10 It/11 HAWSA CASTBIA tOO2S 04/10 15/10 H/10 22/10 23/10 21/11 tmUIftWCKS IQ24S 13/10 77/10 30/10 31/lt mXU)(XJ6» VQ3QS H/10 21/10 01/11 H/ll 05/11 01/11 mumo* noojs 27/10 05/11 w/11 12/n ivn mmitmg
      567 words

  • Page 31 Advertisements
    • 435 31 BSA a. e| TTSTS!!SfS®!ISSVS3H^^^F M MYANMA mßmk FIVE STAR UNE (Mymmor National Liaa) Vi Loadiag for Ynj4i (Rokjoom) Vissa VOY SM PKL PEN P«U MAMUMYME OOW 27/09 MALAYSIA AGtNTS: OOUSIEAO SMPPM6 AGOKKS XUL TIL (03)*****00 PKL TU (03)*****01 PEN: TEL (04) M ***** Pfitt: TE (07)*****21/4 BANK LINE (A MTYk»
      435 words
    • 1236 31 HYUNDAI MERCHANT MARINE CO., LTD. IVBSE voT V SOU 1 181 j RTCR I ANT I HAN I BKV IFa fiS VOYI SOU lUNIWM I AM |HAN 1 BKV IWI SM R MOHOUTI 00«* IS/04 15/1# 17/11 12/10 14/10 HTDUB 11* 01/W M/ 0» 03/W OS/09 M/W Hvaraot juw a/09
      1,236 words
    • 889 31 ncrwvgnn ipauufcari outooomen Qo)g(oX§ WiVhelmsen Lines TO NORTH AND LATIN AMERKA RORO HEAVYUfT SERVICE" |WS«I VOY KAMP HDGHT 91 lAX CH |*U SAV |ML Off NYC WW MOB TAntratf fsi9 4001 m L3M import 23/10 oi/i i 04/11 157TT WFT R7iT io/ii TS7TTI4/11 nXAS FO2O 4001w 4.3 a 12/10 00/11
      889 words

  • Page 32 Advertisements
    • 866 32 bmbbwi MMHI VESSEL VOY SIM BKK MTP LCH VESSEL VOY I SIN I JKT PJN MATHiI BHUM 382W 2«/09 3Q/0> OCJA BHUM 7088 30/09 RATHA BHUM 32N jjjW 30/09 29f1» ANRO JAYAKAHTA* 064 28/00 29/09 ACX RUBY 31N 27/W 30/09 01/10 ACX JAPE> 30S 28/09 01/10 YANTRA BHUM** 2S9N 27/09
      866 words
    • 628 32 i. cosco COSCO FULL CONTAWER SERVICE fFCL/FCL) EXPORT TO: CHMA/HONQ KONG BUROPC/CONTVB94TAL EAST 6 WEST MEDITERRANEAN AUSTRALIA USWeST/EAST COAST PERSIAN OULF/KARACHI PI«aM refer above mentioned mervice* to China Ocean Shipping Co. Advertise merit in Page 5. OMNA/S.E-A- FUI-L COOfTAMER SERVICE VISSB VOY PBI PKL SGP HKG QM NBO FBI HI
      628 words
    • 1081 32 VESSELS I VOY MN JED I MLA LEH HAW THP RTM ZEE vmDEiyoßcw Y77W 28/0B oa/io 11/10 17/10 aano 20/10 21/10 VLLEOE MMOBA V2BMT 06M0 IVIO WIO 25/10 28/10 28/10 28/10 2*lo V*±£OETANYA T2BW 13/10 21/10 26/10 01/11 <H/n 03/11 08/11 08/11 V-LEOE TAURUS A3BW Qg/11 08/11 o*ll 11/11 11/11
      1,081 words

  • Page 33 Advertisements
    • 51 33 STfffc Dial 740-6000 on demand —wmJ (Retrieve more schedules!) Press "1" Select the port and key in the four digit code eg: To New York (NYC) 2275 *j£> Key in your fax number I STJbjEnter your phone number Another innovative service offered by CTC^T^ The document will be shipping times
      51 words


  • Page 35 Advertisements
    • 145 35 free Reader Enquiry Service cut out and fax to 65-*****29 Need HELP or INFORMATION on the following? (please tick relevant boxes) SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by: Port of Destination:— Cargo Volume: Special Requirements:. ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times of a product or service
      145 words

  • Page 36 Advertisements
    • 938 36 —SAMUDERA SHIPPING LINE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR HO. **********00 2^!l!!!£!.PA L T E -L!'--!i 2 2^ 2 ?l 1 /f?- J E i CA/CELIA/MEI CHAN essbssebsi 7 slgsweek [253snns3i 2 SLG/WEEK I VESSEL TWOY SM
      938 words
    • 670 36 M EN6 LEE SMPMN6 CO Ml ITDI I mlBjA T«i> 5M887S (8 Uml Fm JIMUt/DHfM I j a fcinimiiMK I VESSEI VOY SM ETA SM ETD DESTINATION IKnJoyo 15/98 25/09 26/09 Panwong/PBoru/Buoror Union Star 8 08/98 25/09 27/09 Duma Sror Central 14/98 25/09 27/09 Pwwwrm/Buolon/PBanj Mono Poto 8 8M5033 25/09
      670 words
    • 491 36 IBS m FAR EAST 27/09 KEELUNG/KAOHSIUNG 27/09 BANGKOK 27/09 MANILA/CEBU 27/09 JAKARTA/BELAWAN/SURABAYA 27/09 PORT KELANG/PENANG/E MAUYSIA 29/09 BUSAN 27/09 TOKYO/YOKO/KOBE/NGO/OSA 27/09 HONG KONG SIN CHINA (*n#£»*n) 27/09 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU OALIAN/SHANG H Al/X INGANG TIANJIN/QINGDAO/HAIKOU SIM EURQP^UK 27/09 LDN/FLX/LVP/SOO ROM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 27/09 LOS
      491 words
    • 425 36 rrrg Singapore Soviet SUppfag CPL L\\« aMi IOOSOMOOOOM |\v «WttofS%h|Pl W33) mtmun afcii/smMw VESSEL VOY SIN BOM PNG S<L KOTARATU RTUO2I 26AJ9 03/10 18/10 BUXMOON HON 00/10 12/10 23/10 24/10 KOTA RUKUN RKMOIS 11/10 22/10 29/10 3CVIO VESSEL VOY ~SW CALCUTTA Ml M REGINA RGAO67 02/11 u/u SINAR MALAKA 021
      425 words

  • Page 37 Advertisements
    • 890 37 I MCC TRANSPORT I ~~~~APM-BAIQON SHIPPING STR^ BHUm£S g V^| Imsa vot I rosww I mcmc Isfom lllvcsa vot imsmb m pmotmi lllvbsb vot rasww row cm* OPTIMA MM [tpß 10/00 In/10 [KHM6SM 9040 27/09{SUM 20/09- I VHSSMYk ***** 21/09(Wffi) 27/09 MBEONSSDUt 9040 27/09(SUM 11/10 04/10 TM 9041 M/10WM 05/10
      890 words
    • 1652 37 oswitt n& iW ffl IMW IB V>9* Hit I MB» BMBI |WT9 $3c? "SSS ono no 10 £i J 4itAis woo 3140 0149 os.m tkw 2109 2949 01.10 *09 KM SOUTHAMPTON «MMO 0111 *io u!lO £ii Si! S "J""" 2£ ?M2 *2 ,U 11,8 #7 W -I 1 KT* ANTAMS
      1,652 words

  • Page 38 Advertisements
    • 931 38 I VESSEL VOY SIN MAA SIN I CAP€ SPENCER 9&09 02-07/10 12-13/10 TIGER BRIDGE 649N 26-27/09 02-07/10 12-13/10 I TIGER BAY 650N 28-30/09 04-11/10 15-16/10 I TIGER ISLAND 661N 08-15/10 19-20/10 I TIGER PEARL 652N 07-07/10 12-19/10 24-25/10 I TIGER BRIDGE 653N 12-13/10 18-23/10 28-29/10 IVESSE^^^^VO^^SIS^^CA^^SIN| TIGER SPRING 338CN8 27-27/09
      931 words
    • 795 38 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 i-mail: flesin@singnet.com.sg MRICT CONSOLIDATION SUVKI TO ALEXANDRIA (ALT), ISTANBUL (IST), IZIM (IZM), CSBU (CSB), LAIM CWAIANO (LCB), SANTOS, BRAZIL (SSZ), XINGANO (MT) VESSa KTDSM CIA ALT ITA IST CCA IZM ETA ICS ITA SSZ CONTSHIP ACTION VSI32 28/09 15/10 19/10 23/10
      795 words
    • 1108 38 79 Amm Rm4 #21-04 (S) *****4 1*513 #01-121 atM>IIS7S7aOOOOM kfc 272 7127 Hr Wil Ufc *****13 fu 221 3942 ft*: 272 7125 '//KV kX fT#MT_ Orient Overseas Container Line I(R)jX (Malaysia) Sdn Bhd (R*s Na *****2-U) of PITAUIIGJAYA Ufc 03-754 7776 Fu: 03-754 6457 POWI6 fcfc 04-*****45/8 Fax:o4-*****43 *M9IBO mmmm
      1,108 words

  • Page 39 Miscellaneous
    • 126 39 LEGEND: R Thunderstorm Temperature V Shower Weother —S Wind direction with speed in knots •e Rom \_J Cloudy Sky w v height Surfoce wind* or* indkoted by arrows which Hy wrth the wind One tul circle represent* cairn or kght and vonoble winds i— One hotf Heche represents 5 knot*
      126 words