The Business Times, 27 August 1999
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1999-08-27
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The Business Times
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Title Section23 1999-08-27 1 TheBusinessTimes MITA (P) 04&12 85C S I N G A P 0 R E Internet: http://business-times .as ial .com. sg/ FRIDAY, AUGUST 27,199923 words
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Article66 1999-08-27 1 wmm U (+26.18) mrnn-m U 80L32 (+11.3) flsmaamußES U ***** (+4.00) gJjUBKRIIOOfc STOCK KABKET INDICES Thursday Change KLSE COMP ***** -6.W NIKKEI 17,***** -188.87 HANO SENG 13,608.38 +12M6 SET INDEX 466.07 -12.63 JAKARTA COMP 58L51 -3.74 MANILA COMP —£236.71 23.43 TAIPEI WP1 a»7A7 -2952 SEOUL COMP 969.88 -3.1266 words
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Article77 1999-08-27 1 FOBEX BATES USS SI USS 1.692 £(liSS/SSper£) 1J87 1684 EURO(USS/S$ perE) 1.943 1.764 DM 1.876 0.902 YEN 111.# 1124* RM MOO 0.446 HKS 7.764 0.218 BAHT 3833 0.044 RUPLAH 7,626 0.022 St to 100 units PUME BATES SINGAPORE* 5.80 KUALA LUMPUR 7.28 JAKARTA 40.00 BANGKOK 10.00 MANILA 11.00 HONGKONG77 words
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Article, Illustration924 1999-08-27 1 Conrad Raj, Ven Sreenivasan - Analysts say SIA unlikely to suffer any long-term impact to image or finances; shares resilient By i Conrad Raj, Ven Sreenivasan [SlNGAPOßE] Singapore Airlines (SIA), whose shares held up yesterday despite the release of a report on the SilkAir crash, said the groupSource: Bloomberg - 924 words
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1201 1999-08-27 1 Larry Wee - Asian markets hit by widespread rumours, including freeze of its assets in S'pore By] Larry Wee [SINGAPORE] Rumours that Tiger Fund, one of the largest and best-known of US hedge funds, could be in deep trouble swept like wildfire through Asian markets yesterday, but1,201 words
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446 1999-08-27 1 Anna Teo - Curbs have turned oat to be largely irrelevant, he says By, Anna Teo [SINGAPORE] Prominent American economist Paul Krugman, who had given qualified support for capital controls in crisis-hit Asian economies, yesterday said Malaysia should begin removing the curbs it Imposed a year446 words
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Advertisement158 1999-08-27 1 dbbpe N« nore hank baikats Malaysia embarked on the ambitious plan to create six super banks because the government does not want to bail out any more banks in the future, said First Finance Minister Daim Zainuddin, F»4 jfarf; Lock fjjfW Chuan Hup deserves a closer look. But it should158 words
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Advertisement38 1999-08-27 1 Still theme for a dream S Thome restaurants may be passe In the US, but they're still the [qjS in place for many S'pore diners. EXECUTIVE LIFESTYLE ELI KXI9 Next crisis could come from US: Krugman, Pg 338 words
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Advertisement65 1999-08-27 1 i^T" me to cut club transfer prices are an obstacle 1 Baanmsiiinß i Who is behind AN AUDEMARS PIGUET WATCH? V *4 '*S .p€ 4 ll' Ademars Piglet l.c nuiilrc tic I'horloQvrie dcpuis IM/ r :>«»««•«-.if J> ..it I >' v C.'trn<"}{H* jf Kcgion-i! VurM SlinAfuom vivi.i' (tr'i« Pi' ,kl65 words
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SINGAPORE AT HOME & ABROAD
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451 1999-08-27 2 Audrey Tan - It's 34% up in electronics, industry expected to be engine for growth By, Audrey Tan SINGAPORE'S manufacturers. started the third quarter on a firm footing, as their output surged 17.4 per cent in July Thanks to strong demand for electronic and chemical451 words
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486 1999-08-27 2 David Boey - Ny David Boey WORKERS could see a 1-2 point restoration of the cut in employers' CPF contribution, provided the economy touches a long-term growth rate of 4-6 per cent, said Lim Boon Heng, NTUC secretary-gener-al and minister without portfolio.486 words
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Article, Illustration489 1999-08-27 2 Marissa Chew - 9 Another 200 ha sea space for fish farms, another 220 ha of land for leafy greens By Marissa Chew THE government will be allocating another 220 hectares of land for leafy vegetable production and 200 ha of sea space as part of its aimSIM CHI YIN/ST - 489 words
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Article, Illustration394 1999-08-27 2 New stables boast better facilities and a modern hospital MOVING into a new home is usually a hassle but it is also usually worth the trouble be it for man or for beast. Here at Kranji, there is good ventilation and roomy quarters, and the wholeARTHUR LEE - 394 words
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Article, Illustration336 1999-08-27 2 Audrey Tan - EYE ON THE ECONOMY Manufacturing By. Audrey Tan THE manufacturing sector should remain a key driver of the Singapore economy in the third quarter, boosting gross domestic product (GDP) growth to 8.5 per cent, says SG Securities. In its weekly brief, Fundamental Asia, the brokingSource: SG Securitties Research - 336 words
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642 1999-08-27 2 Dr R C Cooper United Kingdom - MAILBOX Dr R C Cooper United Kingdom LATELY, there has been a lot of criticism of lack of transparency and inadequate disclosure, even among our large corporations. Qualitative performance of our audit committees also needs to be upgraded. A successful experiment by the largest642 words
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153 1999-08-27 2 Ang Hao Yao Singapore - Ang Hao Yao Singapore I REFER to the article by Lee Han Shih ("Investors should tie fortunes of directors to companies," BT, August 21) and the letter by Peter Chang ("Write about directors making a fast buck," BT, August 25). It is generally agreed153 words
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NEWS Roundup
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68 1999-08-27 2 THE Building and Construction Authority, together with the Singapore Institute of Architects, has launched a handbook, Architecture in Precast Concrete, which looks at the use of architectural precast components, particularly in private residential buildings. Yesterday was also the start of a two-day seminar-cum-exhibition at the Construction68 words
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Article45 1999-08-27 2 IN conjunction with the Singapore Hotel Association, hotel and tourism consultancy Horwath Asia Pacific has released a publication called The 1998 Singapore Hotel Industry Survey of Operations. The study highlighted the impact of the Asia crisis on the local tourism industry.45 words
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Article78 1999-08-27 2 IN Wednesday's BT, we reported an amendment to the Monetary Authority of Singapore's regulations under the headline, "Govt opens up financial guarantee insurance market". The MAS has pointed out that the financial guarantee insurance business has all along been open to foreign participation. The amendment is aimed78 words
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Article, Illustration456 1999-08-27 3 Christopher Tan - Taxi, commercial vehicle rates raised; more Park Ride carparks By\ Christopher Tan IT will cost up to $4.50 in toll charges to drive from Yishun to town from Sept 6. Charges for seven new ERP (electronic road pricing) gantries were announced bySource: LTA - 456 words
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232 1999-08-27 3 SINGAPORE is now the sixth most expensive for office occupancy costs in Asia, having fallen two rungs in a ranking done by property consultants Cushman and Wakefield. In its publication Asia Marketßeat, the firm said that effective occupancy costs232 words
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706 1999-08-27 3 Vikram Khanna - US dollar and stock prices are mispriced and both are set for abrupt falls By Vikram Khanna THE man who predicted the Asian financial crisis now says the economy that is most vulnerable to a major crisis down the road is the United706 words
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254 1999-08-27 3 THE number of Singapore tourists to Australia fell during the first five months this year. During this period, 87,900 Singaporeans visited Australia, down 4 per cent from the previous corresponding period. This was revealed in the latest issue of the Queensland Investment Report produced254 words
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Page 2 Advertisements
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Advertisement19 1999-08-27 2 E-mail: btletter@sph.com.sg Sunday Classified t 1 at Clarke Quay 1ca»»1 Eycry Sunday. 9am spm Buy kM k FM k.19 words
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Advertisement13 1999-08-27 3 LE SAO s CHANEL -V- ,v it.*Ji t_ < ._j^* >I<>1 <> .-j.., t££»—^"* 113 words
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ASIA ON THE MEND
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339 1999-08-27 4 Eddie Toh - He says super six created as govt cannot keep on propping np banks From Eddie Toh in Kuala Lumpur MALAYSIA embarked on the ambitious plan to create six super banks because the government does not want to bail out any more banks in the339 words
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Article, Illustration415 1999-08-27 4 Reuters [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad said yesterday that the Malaysian ringgit would remain fixed at 3.80 per US dollar but that he did not know if the peg would continue for another year. The official Bernama news agency quoted DrReuters; REUTERS - 415 words
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Article, Illustration222 1999-08-27 4 DAIM Zainuddin, the second most powerful man in Malaysia after Prime Minister Mahathir Mohamad, is so incensed with the foreign media's coverage of Malaysia last year that he will no longer grant interviews to them. "I have decided not to agree to interviews222 words
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331 1999-08-27 4 Asian recovery has been cyclical in nature: GIC Bridge News [SINGAPORE] Asian economies are not likely to face substantial negative fallout if China devalues the yuan by 10-15 per cent, Teh Kok Peng, president of special investments at the Government of Singapore InvestmentBridge News - 331 words
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Article, Illustration393 1999-08-27 4 Diana Oon Abdullah - Its 113% recovery rate so far unlikely to be maintained From) Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S asset management company Danaharta expects to reach resolutions for up to 85 per cent of its total portfolio of 39.3 billion Malaysian ringgit393 words
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452 1999-08-27 4 Reuters [CANBERRA] US Assistant Secretary of State for East Asian and Pacific affairs Stanley Roth warned the Asian region yesterday to be vigilant about the need for further economic reform. "I think there is a danger of complacency and that ifReuters - 452 words
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Page 4 Advertisements
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Advertisement437 1999-08-27 4 ALEXANDRA HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ALEXANDRA HOLDINGS LIMITED (the "Company") will be held at 10 Collyer Quay #21-01 Ocean Building Singapore *****5 on Monday, 13 September 1999 at 12.00 noon for437 words
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Advertisement99 1999-08-27 4 1-"'"" v Jlf f SEEKING A BUSINESS PARTNER An established and leading company representing major brands in the distribution and installation of electrical home appliances and air conditioners for over. 18 years seeks an entrepreneurial joint venture partner. Providing viable operations and a great business opportunity based on its past99 words
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Advertisement112 1999-08-27 4 i Make Your Site Sell Have an online business? Got a great idea to sell on the web? Com* see why web gurus are all saying... a "MAKE YOUR SITS MLL" is one of the best How- L to-Sell-orHhe-Web b00k... far far better than products r many times the price."112 words
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Advertisement148 1999-08-27 5 fed! S7 a 1 1 j iVieio Citibank Cathay Pacific W<<a cardmcmbers 2j*s.i£fisB And wmk,a first-year fee fastest may for you to earn mites ||l m Arfur Miles /yreflt^j^^^H »gPf ;JSH Ifc* Mr# /#r «wy the rates in town. This gets even more fl attractive when you ase yoar card148 words
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SOUTH-EAST ASIA
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468 1999-08-27 6 Shoeb Kagda - Probe panel proposes to Indon Parliament to revoke award of pipeline project Froml Shoeb Kagda in Jakarta SINGAPORE'S US$B billion (5513.5 billion) natural gas deal with Indonesia may face delays following a recommendation to Indonesia's Parliament that it revoke the US$335468 words
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Article, Illustration433 1999-08-27 6 Shoeb Kagda - BANK BALI SCANDAL Jakarta moves follow warnings by IMF and World Bank Prom Shoeb Kagda in Jakarta INDONESIA yesterday took concrete steps to try and resolve the Bank Bali scandal it said an independent audit would be completed by Sept 7,REUTERS - 433 words
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Article, Illustration196 1999-08-27 6 JAKARTA AFX-Asia INDONESIA'S Coordinating Minister for Development Supervision and State Administrative Reform Hartarto Sastrosoenarto said it will depend on President B J Habibie when to announce the results of the investigation into former president Suharto's wealth. "We (ministers and attor-ney-general)AFX-Asia - 196 words
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311 1999-08-27 6 BANGKOK Reuters MOODY'S Investors Service yesterday said the Thai economy was near the bottom of its long recession, but it might take time for Thai banks' non-performing loans (NPLs) to peak. Deborah Schuler, Moody's financial institutions group senior analyst,Reuters - 311 words
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392 1999-08-27 6 Harish Mehta - From Harish Mehta in Bangkok THREE foreign consortia are keen on investing more than 300 billion baht (5513.2 billion) to kickstart Thailand's ambitious shipping canal to be built across the southern Isthmus of Kra, Thai reports said yesterday. Investors392 words
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NOTE Book
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64 1999-08-27 6 Reuters [BANGKOK] Most creditor banks are likely to reject Thai Oil Co'B US$2.l7 billion (553.66 billion) debt restructuring plan, The Nation said yesterday. The daily quoted an unidentified Japanese banker as saying Japanese and other creditors would likely reject the plan, approved byReuters - 64 words
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72 1999-08-27 6 AFX-Asia [JAKARTA] The government is expected to release next month a ruling on mergers, consolidations and acquisitions in a follow-up to the enactment of the anti-monopoly and healthy competition bill, Bisnis Indonesia reported. "Under the planned ruling, there will be no need for companiesAFX-Asia - 72 words
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Article84 1999-08-27 6 Reuters [JAKARTA] Indonesian car manufacturer PT Astra International said yesterday the Indonesian Bank Restructuring Agency was considering selling its shares in Astra to the market at the end of September. Astra would like to combine the sale with its owns plans to ofifer new shares,Reuters - 84 words
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87 1999-08-27 6 Reuters [HANOI] Private Indonesian dealers have defaulted on contracts to buy 40,000-50,000 tonnes of rice from Vietnam because of import restrictions and fluctuations of in rupiah, traders said yesterday. Two traders in Ho Chi Minh City said some Indonesian buyers had been told byReuters - 87 words
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Advertisement1007 1999-08-27 6 f Sics I THE INSURANCE CORPORATION OF SINGAPORE LIMITED I (Incorporated in the Republic of Singapore) j (AN ASSOCIATE OF DBS BANK) j iI) The Board of Directors announces the following unaudited results lor the Group and Company for ttM six months ended 30 June 1980: j Group Company j1,007 words
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Advertisement772 1999-08-27 7 A SPECIAL BUSINESS NEWSLETTER EDITION AUGUST 1999 Finance for Growing Companies i— W 1 gnRH For swfl// and medium size enterprises, 0/i£ 0/f/i£ biggest obstacles to growth is access to finance. Singapore Finance shows the steps an enterprise should take to obtain finance fAtf information and business figures that are772 words
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CHINA-HONGKONG-TAIWAN
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403 1999-08-27 8 SHANGHAI Central bank prepared to print more money if reserves drained Bridge News CHINA'S central bank has ordered the country's "Big Four" state-owned commercial banks to begin bolstering their cash reserves to prepare for any depositor runs related to theBridge News - 403 words
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Article, Illustration496 1999-08-27 8 HONGKONG Even with falling prices retail sales have slumped for 20 consecutive months Bloomberg HONGKONG is abuzz about Admart. The three-month-old discount shopping and delivery service is luring customers through full-colour newspaper inserts and a chain of 44 bright yellow storefront outlets, igniting aBloomberg; FILE PHOTO - 496 words
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358 1999-08-27 8 HONGKONG Value of imports up 3.7% as domestic demand picks up Bloomberg HONGKONG'S exports rose 3 per cent in July from a year earlier, the first increase since March 1998, as the city sent more shipments to Asia, Europe and theBloomberg - 358 words
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200 1999-08-27 8 U BEIJING Reuters CHINA will launch a nationwide campaign to eradicate random fees imposed on for-eign-funded companies, the China Daily reported yesterday. The campaign by the State Development Planning Commission and the Ministry of Foreign Trade and Economic Cooperation wouldReuters - 200 words
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216 1999-08-27 8 BEIJING Bloomberg CHINA Petrochemical (Group) Corp, China's second biggest petroleum company, said yesterday that it had hired Morgan Stanley Dean Witter Co and China International Capital Corp (CICC) as global managers for its share sale, estimated to be worth as much as US$BBloomberg - 216 words
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Advertisement202 1999-08-27 8 V r <^ ■'4S&* ISBfcS-"'' rjw s rl .is SB r --rmSy-' gWr' S*** r ■-■>• 5 itmwr > r I imfci ./-v^'■ How turtitflent waters if there are no bridges to cross? m^m: -a»»— ■"Vitf'-"'-^^^^.-•" FARTH. WlfJI), WAIIK ft VtfAKA Imagine Nat urn pumaf yi Yf at I hi;202 words
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ASIA
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Article, Illustration494 1999-08-27 9 DAEWOO DEBACLE Workout programme covers 12 units; govt offers tax breaks, cheap loans for Daewoo suppliers Bloomberg [SEOUL] Daewoo Group's domestic creditors said they froze interest and principal payments on the debt of 12 group units for about three months, giving the ailing conglomerate breathingBloomberg; REUTERS - 494 words
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336 1999-08-27 9 SYDNEY Bloomberg AUSTRALIAN business investment fell four times more than expected in the second quarter, heralding economic growth will cool as miners such as WMC Ltd slash investment plans. Business spending on buildings, equipment and machinery fell 15.8 per cent to A 59.7 billionBloomberg - 336 words
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ASIA Notes
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57 1999-08-27 9 Bloomberg [TOKYO] Japan's Financial Supervisory Agency launched an inspection of Tokyo units of the Deutsche Bank group to examine the units' risk management systems. A Deutsche Bank spokesman confirmed that FSA inspectors had arrived at all seven of the group's Tokyo businesses yesterday. DeutscheBloomberg - 57 words
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56 1999-08-27 9 Bloomberg [SEOUL] Korea Gas Corp, South Korea's state-run monopoly gas importer, abandoned talks to sell a 10 per cent stake to Osaka Gas Co and a group led by Government of Singapore Investment Corp. The move underscores decreasing urgency in the nation's overseasBloomberg - 56 words
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58 1999-08-27 9 Reuters [SYDNEY] The Australian dollar should rise to 72 US cents in Q3 of2ooo, Salomon Smith Barney said yesterday. But recent losses have seen its end-1999 target revised down to US$O.66 due to weak gold and commodity prices, under Salomon's fair valueReuters - 58 words
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71 1999-08-27 9 Bloomberg [SEOUL] North Korea's economy shrank for a ninth year in 1998, as a rise in agricultural production was offset by a slide in manufacturing and construction, South Korea's central bank said. Gross domestic product contracted at 1.1 per cent after a 6.8Bloomberg - 71 words
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312 1999-08-27 9 TOKYO The weakest may not survive because of bad loans: Moody's AFP JAPAN'S regional banks are facing a bleak future in which the weakest may not survive, US credit ratings agency Moody's Investors Service warned yesterday. "Asset quality problems remain for the regionalAFP - 312 words
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Advertisement91 1999-08-27 9 v^ l K X f /s ".I \I I j now of timo The C\)Hi]ui<t(filor Colin lion a) Sfl; S > y N h /i W'' > '•M Sim I iv'i K |mi 11 D: SIMrX|,,,KI c Nir r n r mm nm\ 1 N 11 III > »M| I91 words
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THE WORLD
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569 1999-08-27 10 LONDON ECB keeps lending rates unchanged but is expected to np key rate by year-end Bloomberg [LONDON] The euro climbed from its weakest level yet against the yen and rose versus the US dollar amid speculation that the European Central Bank may raiseBloomberg - 569 words
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Article, Illustration49 1999-08-27 10 [MARTHA'S VINEYARD, Massachussetts] US President Bill Clinton's spokesman and White House Press Secretary Joe bockhart showed a lighter side as he conducted his daily briefing at Edgarton School on Wednesday. The President and his family are now on vacation at Martha's Vineyard. AFPAFP - 49 words
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Article244 1999-08-27 10 LONDON Reuters THE British economy is geared for a smooth take-off, with even battered manufacturers expecting a brighter future, the Confederation of British Industry (CBI) said yesterday. But it appealed to the Bank of England to keep its finger off the interest rate trigger because there wasReuters - 244 words
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Article, Illustration593 1999-08-27 10 He won't make any new investments for foreseeable fatnre Bloomberg [CANNES] Billionaire Saudi Prince Alwaleed Bin Talal, the single biggest shareholder of Citigroup and Apple Computer, says US stocks are so expensive that he won't make any new investments for theBloomberg - 593 words
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542 1999-08-27 11 WASHINGTON Bat analysts don't see economy slowing down and expect bigger Q3 growth Bloomberg THE US economy grew at a slower than previously estimated pace during the second quarter as record imports subtracted from domestic production and inventory growth slowed. Corporate profitsBloomberg - 542 words
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374 1999-08-27 11 LONDON Dealers say no sign of basic change in market direction Reuters WORLD oil prices bounced back yesterday from a sudden downturn that threatened to clip the wings of the market's long rally. International benchmark Brent in London was upReuters - 374 words
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Article, Illustration473 1999-08-27 11 Daley expects trade deficit to get worse, triggering backlash Reuters [WASHINGTON] US Commerce Secretary William Daley expressed concern on Wednesday about a growing trade deficit with Europe and said he expected the gap to intensify friction between the two trading giants. US officialsReuters; AFP - 473 words
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285 1999-08-27 11 LONDON Reuters FIRST indications that Britain's housing boom may soon level off surfaced yesterday as the British Bankers' Association said home loan approvals had dropped in July from June's peak level. This will come as welcome news to the Bank of England'sReuters - 285 words
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Advertisement467 1999-08-27 10 ibtr LABROY MARINE LIMITED (Incorporated in the Republic of Singapore) 1909 INTERIM RESULTS The Directors of Labroy Marine Limited wish to announce the unaudited results of the Company and the Group for six months ended 30 June 1999 as follows: GROUP COMPANY 1999 1998 1999 1998 Ssooo Ssooo SS'OOO SSOOO467 words
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Advertisement14 1999-08-27 10 Buy It. Sell It. Find It. Classified. CATS. Call Today For Results Tomorrow. 1800-737-116614 words
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Page 11 Advertisements
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Advertisement147 1999-08-27 11 I- -k... Alfa 156 2.0 Selespeed (4-dr), twin spark, 16 valve; 155bhp, oto 100km/h in 8.1 sees. NEW ALFA 156 SPORTS AUTO TRANSMISSION AT YOUR FINGERTIPS. </r I At last, auto transmission comes without compromising Experience the exciting new driving sensation of Alternatively, you can use the gear lever for147 words
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Advertisement46 1999-08-27 12 I Launching The New LEGACYrfeI/^ I Star Challenge I BfiSt Ciir Best Driver Competition 'ffIWWHW 111 r -n> I I Win a to the Tokyo Motor Show '99 sth Sep 99 Venue: Caltex Havoline Rally 1999, Kallang Carpark B Time: 2pm |^[_^£J_g^J^j^_^£^J-EGACYRSK^INCORPOR^nN^^^^^^ECH^o!^G^AN^TAF^^^E^^rE^TB H rCO ler ®®E3ZEEZ!3B46 words
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EDITORIAL & OPINION
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Article, Illustration679 1999-08-27 13 Jean Michel Severino - THE BOTTOM UMB OPINION By Jean Michel Severino The writer is vice-president, East Asia the Pacific region, of the World Bank. This comment is excerpted from a speech he delivered on Monday to the Jakarta Capital Markets Conference CORRUPTION is endemic in679 words
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Article145 1999-08-27 13 'Our cause is not to divide but to end the tragedy of people leaving Kosovo. We are not separating the country but organising local government' Momcilo Trajkovic the leader of the Serbian Resistance Movement and the only prominent Serbian politician left in Kosovo, on creating autonomous islands145 words
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Article639 1999-08-27 13 EDITORIAL THE thousands who staged a protest rally in Manila's financial district last week seem to have jumped to the conclusion that President Joseph Estrada's proposal to change the Constitution is really a way for him to cling to power beyond his set term Whatever led639 words
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Article, Illustration923 1999-08-27 13 Manjit Bhatia - Insider trading case of Aussie merchant banker Hannes raises questions about market pricing By\ Manjit Bhatia The writer is lecturer in political economy at the University of Queensland in Australia SIMON Gautier Hannes has the youngish good looks, drive and ambitionFILE PHOTO - 923 words
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Article, Illustration1085 1999-08-27 13 China, Rnssia stfll BMd US LONG before the Kosovo war, the political climate between Russia and China started to improve. Hostility between the two giants was stoked by their rival pretensions to be the true fount of communism, and was therefore greatly eased by the collapse1,085 words
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Advertisement197 1999-08-27 14 k < SS ill II SI: M H^H ■■MM E ;S1 kfl ■■■n When it comes to impressing your friends, nothing does it better than the Motorola L-Series. Keep in touch with family and friends, or be reached, almost anywhere in the world, without changing your mobile phone; even in197 words
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COMPANIES & MARKETS
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823 1999-08-27 15 Carol Eng - Provisions, mostly for China projects, drive it 38% deeper into the red By Carol Eng {SINGAPORE] Liang Court Holdings yesterday became the first listed company to report half-time losses this year, with a 38 per cent rise in interim losses823 words
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378 1999-08-27 15 Lee Han Shih - Comp&ny warns of possible losses in second half By\ Lee Han Shih [SINGAPORE] Investors smelled trouble when John Wong abruptly quit as managing director of Hong Leong Asia (HLA) on May 31. Yesterday, the building materials supplier released a dismal set of interim results378 words
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Article598 1999-08-27 15 Wong Wei Kong - HOCK LOCK SIEW Wong Wei Kong INVESTORS these days are drawn to companies that tell sexy stories, never mind their actual performance. The trouble with this is that many investors end up chasing dreams but miss out on the quiet, steady performers who have598 words
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255 1999-08-27 15 CORPORATE RESULTS [SINGAPORE] Full-year earnings at construction firm Lian Beng have risen 16 per cent to $9.4 million, despite sales falling 23 per cent. Due to the difficult economic climate which resulted in weak demand in the construction sector, Lian Beng's255 words
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260 1999-08-27 15 [SINGAPORE] Ace Dynamics, a mainboard listed supplier of industrial equipment, yesterday posted a modest one per cent rise in interim profit to $517,000 and added that it should end the year on a profitable note. The company said yesterday its profits260 words
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262 1999-08-27 15 [SINGAPORE] Venture capital firm Transpac Industrial Holdings has returned to the black with an $8.54 million net profit for the six months ended June 31, 1999, a sharp contrast to the $40.75 million loss it chalked up in the same period last year.262 words
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310 1999-08-27 15 [SINGAPORE] Cost-cutting measures and recovery in the electronics and telecommunications industries led to a spectacular earnings surge for Fu Yu Manufacturing. The electronics plastic injection parts maker reported an 18.6 times jump in net profits to $8.96 million for the first six310 words
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Article131 1999-08-27 15 [SINGAPORE] Oakwell Engineering saw net profit soar 76 per cent to $703,000 in the six months to June 30 this year. Earnings per share also grew 76 per cent to 0.88 cent at half-time. The group's operating profit before tax more than doubled to131 words
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COMPANIES
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497 1999-08-27 16 Ruth Wong - The ops will later be moved to Malaysia for economies of scale: sources From Ruth Wong in Kuala Lumpur SINGAPORE'S Yeo Hiap Seng is expected to announce today that it will hive off its food and beverage business to its497 words
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360 1999-08-27 16 Wong Wei Kong - By Wong Wei Kong [SINGAPORE] Benefiting from better rates and capacity expansion, Labroy Marine's net profit for the half year to June rose 27 per cent to $11 million from a year ago, while turnover increased 16 per cent to360 words
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Article, Illustration556 1999-08-27 16 Siow Li Sen - UOB is top gainer as analysts re-rate bank after briefing By\ Siow Li Sen [SINGAPORE] Shares in DBS Bank yesterday spurted to new records ahead of today's merger of its Local and Foreign tranches while United Overseas Bank (UOB) wasFILE PHOTO - 556 words
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133 1999-08-27 16 [SINGAPORE] DBS Land, which recently bought a 22.63 per cent stake in Sea View Hotel, has increased its share in the listed company by another 0.36 per cent. A statement from the developer said that with the additional acquisition, its interest133 words
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COMPANY Briefs
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58 1999-08-27 16 [SINGAPORE] Dairy Farm International yesterday announced a joint venture with Spencer Co, part of India's leading conglomerate RPG Group, to run supermarkets in India. Dairy Farm will invest an initial US$6 million <Sslo million) fbra4Bper cent stake in the venture, which will acquire 2958 words
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61 1999-08-27 16 [SINGAPORE] SM Summit has received pi oneer status from the Economic Development Board for the manufecture of advanced optical media products, ami has also partnered Swiss-based MIE Systems to make discs with 18MBor 30MB capacity,called CD-cards, In Singapore. SM Summit owns 51 per cent61 words
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59 1999-08-27 16 [SINGAPORE] DBS Bank yesterday said that all *184 million Baronet fixed-rate secured bonds Issued to fund the former Yen San building purchase have been fully taken up. The issue comprised $120 million senior bonds and 164 million Junior bonds. Of the senior bonds.59 words
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65 1999-08-27 16 [SINGAPORE] Nobel Design Holdings has appointed Dlgiland International and SparkMedla as partners to develop its first e-commerce Web site, home2be.com. The Web site will be a home products portal that will provide consumers with Information and services for things like furniture and appliances. Digiland, a65 words
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33 1999-08-27 16 [SINGAPORE] Hwa Hong Corp has bought a 33.5 per cent stake or 335 shares of £1 par value In UK property owner Exceptenigma for £338 (*****).33 words
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205 1999-08-27 16 [SINGAPORE] Auric Pacific Group yesterday reported a 33 per cent fall in net profit to $1.56 million for the half year ended June 30. The fall came despite an extraordinary gain of $7 million, compared to an extraordinary loss of $4.6 million previously. Auric205 words
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293 1999-08-27 16 Soh Tiang Keng - By I Soh Tiang Keng [SINGAPORE] Insurance Corporation of Singapore achieved a turnaround for the half year to June with a net profit of $23.4 million, against a net loss of $3.8 million previously. An ICS spokesman attributed the turnaround mainly to recovery293 words
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572 1999-08-27 17 Quak Hiang Whai - Cheung Kong's net 63% up; HWL 70%; Li Ka-shing repeats commitment to HE From Quak Hiang Whai in Hongkong LI Ka-shing's Cheung Kong (Holdings) and Hutchison Whampoa Ltd (HWL) yesterday reported interim results which were below analysts' expectations, with an overseas exceptional572 words
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267 1999-08-27 17 Reuters [HONGKONG) A Hongkong sister firm of Li Fung Ltd said it and Toys R Us Inc would form a joint venture to buy the US toy retailer's operations in Hongkong, Taiwan, Singapore and Malaysia, and to expand its Asian business. LiReuters - 267 words
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201 1999-08-27 17 [SINGAPORE] Homegrown contract manufacturer Asian Micro Holdings has received in-principle approval from the Stock Exchange of Singapore for a listing on Sesdaq. Overseas Union Bank will manage and underwrite the company's initial public offer, details of which are not available yet.201 words
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Article151 1999-08-27 17 Bloomberg [SINGAPORE] Goldman Sachs International went ahead with its sale of 100 million covered warrants on City Developments Ltd, Singapore's largest publicly traded property company. Earlier, the US investment bank indicated that it had the right to terminate the issue if the price of CityBloomberg - 151 words
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206 1999-08-27 17 [SINGAPORE] MMI Holdings Ltd has signed two agreements to acquire majority stakes in Unics Automation and Megatech Electronics. It said in a statement yesterday that it would acquire a 55 per cent stake in Unics' enlarged share capital for $3.9 million. Unics206 words
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260 1999-08-27 17 It plans to l&nnch the sale of these Taqjong Rhn units in Q4 [SINGAPORE] Mainboard listed contractor Poh Lian Holdings said yesterday that it had bagged a new, 18-storey apartment block in the Tanjong Rhu area for $38.5 million and added that260 words
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INTERNATIONAL COMPANIES
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438 1999-08-27 18 Index caretaker will cut weighting of stocks if they are narrowly traded Reuters [LONDON] London's stock market index manager FTSE International, on Wednesday announced a series of rule changes to its benchmark FTSE 100 and other indices, heralding significant changes in their make-up.Reuters - 438 words
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290 1999-08-27 18 Bloomberg, Reuters [BRUSSELS] Belgacom, Belgium's biggest phone company in which Singapore Telecom has a 12.15 per cent stake, said first-half profit rose 6 per cent and predicted record sales and earnings for 1999. Net income rose to 209 million euros (SS36B million)Bloomberg,; Reuters - 290 words
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285 1999-08-27 18 Reuters [AMSTERDAM] ABN Amro, the biggest bank in the Netherlands, yesterday mounted a 1.21 billion euro (552.15 billion) friendly bid for Dutch property group Bouwfonds Nederlandse Gemeenten in a move designed to boost its European mortgage and real estate business. TheReuters - 285 words
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GLOBAL Briefs
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Article103 1999-08-27 19 Bloomberg [SAN JOSE, California] Komag Inc, the No 1 maker of disks used in computer disk drives, will cut about 480 jobs, or almost half of its remaining US workforce, and shift manufacturing to Malaysia to slash costs. Komag will close two plants in San Jose,Bloomberg - 103 words
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Article93 1999-08-27 19 Bloomberg [AMSTERDAM] ING Groep NV, the biggest Dutch financial-services company, said first-half net income jumped 90 per cent as profit from insurance more than doubled and investment bank ING Barings returned to profit. Net income rose to 3.31 billion euros (Sss.B billion), or 3.46Bloomberg - 93 words
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64 1999-08-27 19 Bloomberg [LONDON] British Telecommunications pic (BT), the UK's biggest phone company, said it bought Yellow Book USA, the US's largest independent yellow pages publisher, for US$665 million (Ssl.l billion) as it builds its online directory business. BT said New York-based Yellow Book will becomeBloomberg - 64 words
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Article71 1999-08-27 19 Reuters [LONDON] Rolls-Royce pic yesterday announced a US$l billion (Ssl.7 billion) order to supply gas turbines for four US super-fast ships, its biggest marine engine deal to date. The news came as the company posted first half pre-tax profit of £159 million (*****.6 million), saying itsReuters - 71 words
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Article, Illustration523 1999-08-27 19 Two online brokers in US launch 6pm to Bpm trading session NYT [NEW YORK] In a small corner of Wall Street, people have been talking about this for years: Why not offer individual investors a way to buy and sell stocks after the 4pmNYT - 523 words
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442 1999-08-27 19 Purchase of phone systems firms enable it to take shot at Lucent, Nortel and other players Bloomberg [SAN JOSE, California] Cisco Systems Inc, the world's biggest maker of Internet equipment, agreed to buy two closely held companies for US$7.4 billion (5512.5 billion) inBloomberg - 442 words
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180 1999-08-27 19 Reuters [WASHINGTON] Arthur Levitt will become the longest serving chairman of the Securities and Exchange Commission (SEC) next month with nearly four years left in his term, the agency said on Wednesday. Mr Levitt, who started at the regulatory agency onReuters - 180 words
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374 1999-08-27 19 Web site will allow user to compare rates, boy policy Reuters [PALO ALTO, California] Hewlett-Packard Co has announced a new partnership to put more of the insurance market, often regarded as one of the most Internet-resistant businesses, online. The company has teamedReuters - 374 words
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FINANCE & COMMODITIES
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Article, Illustration503 1999-08-27 20 Bank One warns competition will cause gains to fall short of expectations Reuters, NYT [NEW YORK] Investors unloaded stocks of credit card companies Wednesday after a major player, Bank One Corp, stunned the financial community with its warning late Tuesday thatReuters,; NYT - 503 words
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271 1999-08-27 20 Bloomberg [HOUSTON] Chemical manufacturers such as Lyondell Chemical Co, Dow Chemical Co, Union Carbide Corp, Millennium Chemicals Inc are contending with unexpectedly high raw-material costs that will squeeze their sec-ond-half profits. The rise in costs comes as investors have returned to theBloomberg - 271 words
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Article, Illustration42 1999-08-27 20 [TOKYO] A woman displaying sample 20~euro bills in front of a cash dispenser at the Euro Exhibition in Tokyo on Wednesday. This is the first time the new international currency is being shown outside the European Union. AFPAFP - 42 words
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357 1999-08-27 20 Foonder of failed Long-Term Capital looking for USslb Bloomberg [NEW YORK] John Meriwether, founder of the failed Long-Term Capital Management LP (LTCM), is trying to raise US$l billion (SSI.7 billion) for a new hedge fUnd, according to people who have spoken withBloomberg - 357 words
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337 1999-08-27 20 Met Life will meet policyholders' demands for USs&Bb Bloomberg [NEW YORK] General American Life Insurance Co accepted an offer from Metropolitan Life Insurance Co to buy the Missouri insurer for US$l.2 billion (Ss2 billion), providing the means to repay policyholders demandingBloomberg - 337 words
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Article, Illustration1171 1999-08-27 21 WTERBAMK CROSS RATBS Aug26 o »■> tw nr HttWb y« Won m«$Nfc»»Pw S$ Bad Sfr «tt 8«t *mt IBS Australia 0.946 6.178 0.605 3.971 1.184 4.902 27.478 48.144 0.701 7.517 2.399 1227 32.732 25.095 1068 3348 0.970 20.123 24.198 0.398 0.631 ';°U 5540 4 w 5.184 29.*****.905 0.741 7.948 2-5371,171 words
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Article1771 1999-08-27 21 SICOM FUTUUBS Aug 26 RUflNR (Mms ctosmq «s <t SJOpm) BSS t CONTRACTUS cmts/kq) ClOM VofaHM OpM North High low Sott (townts) totwtst Stp 99 89.50 Od 99 92.75 1200 Ho* 99 94.25 300 Dtc 99 96.75 300 JwAtor 00 100.75 300 Apr/Jw 00 104.25 M/Stp 00 107.25 RSS 31,771 words
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252 1999-08-27 21 Daphne Tay, Jardine Fleming - Reports MS& Singapore Index Daphne Tay, Jardine Fleming BUOYED by another record session on Wall Street overnight, the Singapore stock market had a delightful day yesterday with the benchmark Straits Times Index closing at the day's high of 2,162.54, up 26 points252 words
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197 1999-08-27 21 Juliana Loo Na Na Refco Singapore - MSCI Taiwan fixtures Juliana Loo Na Na Refco Singapore THE Simex MSCI Taiwan Stock Index futures plummeted 7.5 points amid concerns over falling high-technology shares led by Taiwan Semi-Conductor Manufacturing Company. The Taiex feU 29.52 points to 8,097.57. Investor sentiment was cautious when the197 words
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223 1999-08-27 21 Reuters [LONDON] Copper prices remained weak yesterday after labour news pointed to increased supply, but the market should rebound soon on stronger demand and mine mergers, analysts said. Three-month copper on the London Metal Exchange (LME) dropped by about US$4O lateReuters - 223 words
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Article319 1999-08-27 21 Reuters, AFP London THE euro staged a partial recovery yesterday as shortcovering in the euro/yen market helped the single currency off overnight life-lows, but the relief could be short term. The euro has buckled as investors bought the yen on hopes of a long-awaited Japanese economic recovery, whichReuters,; AFP - 319 words
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Article, Illustration1328 1999-08-27 22 AFP QHmgSeng +128.2S HONGKONG share prices rose nearly one per cent yesterday following an overnight record high on Wall Street, dealers said. The key Hang Seng Index gained 129.25 points, or 0.96 per cent, to close at 13,608.38 on turnover of HKS7.O3 billion. "The gains are made on theAFP - 1,328 words
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Article, Illustration509 1999-08-27 22 Reuters Shenzhen B Index +0.7 SHENZHEN'S hard currency B shares closed higher yesterday, buoyed by gains in Shanghai B shares and Hongkong stocks, brokers said. But poor interim corporate results weighed on the market, they said. Shenzhen's B share index edged up 0.7 point, or 0.77 per cent, toReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 509 words
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Article311 1999-08-27 22 AFP DWPfajg -29.52 TAIWAN share prices closed 0.4 per cent lower yesterday as late profit-taking eroded early gains, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 29.52 points to 8,097.57, following a 1.8 per cent rise in the previous session. The bourse opened higher on Wall Street'sAFP - 311 words
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Article2094 1999-08-27 22 ma n«m *h a Group 8.55 0.03 Abbey National 10.52 0.16 A B Foods 4.13 -0.13 A B Ports 3.48 0.10 AstraZanpca 25.05 -0.17 AManca I Leicester 8.52 0.38 AJIedOomecq 5.62 -004 Aided Zirtdt 7.91 0.07 Anqlo American Gold 43.70 undi ASOA Croup 2.20 -0.02 Bank of2,094 words
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Article1599 1999-08-27 22 AFP Q Nikkei 225 -VBSSI SHARE prices in Tokyo closed 1.1 per cent lower yesterday on late selling sparked by the yen's gain against the dollar, brokers said. "Selling gained momentum as the yen rose into the range of 110 yen," said Hiroichi Nishi, manager of Nikko Securities CoAFP - 1,599 words
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KUALA LUMPUR STOCK MARKET
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Article, Illustration396 1999-08-27 23 AFP. AFX-Asia CI Composite Index -6.68 MALAYSIAN share prices closed 0.9 per cent lower yesterday on continued foreign selling as investors ignored news of favourable second-quarter growth figures, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 6.68 points to finishAFP.; AFX-Asia - 396 words
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Article7781 1999-08-27 23 INDUSTRIALS CwiMmr prefects W Last Vol Day Net Cap Htgl» Law C»w»—y Sale -000 HUH Low P/I $m8 440 255 A|inomoto 320 20 3 129 7 174 46 Angkasa 110 -2 n5 113 100 162 2 404 220 Apollo Food Mlg 320 -8 4 326 320 n.1 128.0 294 1157,781 words
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WARRANTS, OPTIONS & REGIONAL MARKETS
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197 1999-08-27 24 R Sivanithy - WARRANT WATCH By R Sivanithy GOLDMAN Sachs and DBS Securities are issuing a new covered warrant on City Developments. The reference price of the underlying share for setting the terms of the warrant is $10.80. even though CityDev closed at $10.90 yesterday. Here197 words
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Article2179 1999-08-27 24 BONDS, LOANS i WARRANTS wt 52-Wk Last Vol Day Last Quota Avq H«jn Low St no Company Sal* »or I OOOl Hlfh Low Bayer Saiar Met 104 3 s 3160 "Acer ******1 USS 53.5 2 5 509 60 53 53 54 80 4.5 s 3164 Acma ******4 40 -2 1952,179 words
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Article219 1999-08-27 24 HONGKONG STOCKS Gr Cr 32-Wk Last Vol Day Last OuoU Dtv Dtv YW Net M Cap High Law Stno Company Saw COOP) Htqh Lai Buyoc SaKar Cw P/I $mM 365 173 5123 COL (2000) HK 280 cd -2.5 28 285 280 277.5 300 8 3.7 2.9 9.5 5539.6219 words
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Article270 1999-08-27 24 AFP PI Wellington ♦IXO6 A FURTHER recovery by Telecom pushed the New Zealand share market up 0.6 per cent yesterday, its first higher close for a week. The NZSE-40 Capital Index rose 13.08 points to close the day at 2,144.65 on turnover of NZ$9B.3 million. US (000) Advantage M05AFP - 270 words
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Article, Illustration872 1999-08-27 24 AFP Q SET Index -12.63 THAI share prices closed 2.7 per cent lower yesterday on profit-taking mainly in banks, after sharp gains the previous day. Thai Military Bank pic and Krung Thai Bank pic led the decline after rating agency Moody's failed to confirm market talk that it wasAFP - 872 words
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Article414 1999-08-27 24 AFP Q Composite Index -3J2 SOUTH Korean share prices closed down 0.32 per cent yesterday, giving up early gains on news that creditors plan to put units of the ailing Daewoo Group under a rescue plan, dealers said. While the move may help remove some of the uncertainty aboutAFP - 414 words
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Article644 1999-08-27 24 AFP QAD Ordinaries +118 AUSTRALIAN share prices finished 0.4 per cent higher yesterday, drawing little inspiration from some sound profit results and another record close on Wall Street. The All Ordinaries Index closed 12.8 points higher at 3,046.10. The All Industrials Index closed up 38 points at 5,263.30, whileAFP - 644 words
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Article, Illustration727 1999-08-27 24 AFP P Composite Index -3.74 INDONESIAN shares closed 0.6 per cent lower yesterday in thin trade amid continuing concerns over the broader implications of the Bank Bali scandal, dealers said. The Jakarta Stock Exchange Composite Index was down 3.74 points at 581.51 on turnover of 342.06 million shares valuedAFP - 727 words
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Article312 1999-08-27 24 AFP Q Manila -23.43 PHILIPPINE share prices closed 1.03 per cent lower yesterday after almost a week of steady gains as foreign fund managers focused on more robust Asian markets amid a lack of incentives locally, analysts said. The Philippine Stock Exchange Composite Index fell 23.43 points to settleAFP - 312 words
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7466 1999-08-27 25 Transaction date: Aiu; 26 I Qf Qf M Wt 52-Wk Last Vol Day Last Ouott Dlv Otv VM Nat Cap A»g H>ffc 1— HW» Csmpawy M> (*000) Hm L— Bwyar 1»»ir C'VT H P/I tmM Wet MULT1-INDUSTRY 182 17.5 m b 1000 Acma 50c7,466 words
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Article1483 1999-08-27 25 Gr 6r M Wt Last Val 0«Y Last Ouot* Otv Otv YM N*t CM An Ltm 8tM» Ciwmi) *t; rOOO) MN» Law 8»yar 8a8ar Cw M Prtca MANUFACTURING 218 43 C 2049 'ASAutolOc 195 *4 S7I IN 191 195 196 10 N 0 5 222.7 191 SI JK e1,483 words
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STOCK EXCHANGE OF SINGAPORE
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Article336 1999-08-27 26 BSBHE Stacks ¥afc— 'Genting Int 28,435,000 Uraco HldqslOc 24,947,000 PCI 25c 20,126,000 Leong Hin 20c 19,752,000 Asia FoodSProp US$ 16,871,000 SMB United 10c 15,354,000 Lian Beng 5c M,540,000 Pol) Lian 10c 13,989,000 Golden Agri USKJc 12,311,000 SingTel 15c 10,545,000 St«du DBS Land 39,171,902 (JOB Foreign 36.395,070 SingTel 15c 32,439,487 OCBC336 words
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Article, Illustration633 1999-08-27 26 R Sivanithy - STOCK MARKET COMMENTARY Vague rumours about a hedge fund failure, tighter contra allowance rules cited; UOB finds favour By R Sivanithy UNITED Overseas Bank yesterday led the charge in the banking sector but more eyes were on the sudden slide in633 words
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Article, Illustration61 1999-08-27 26 Wong Wei Kong - By Wong Wei Kong URACO Holdings shares rose half a cent to $0.47 yesterday with 24.9 million shares traded, compared with its 10-day traded average of 3.93 million units. The RSI, Stochastics and MACD charts suggest that the stock's upside potential may be limited in the short term,61 words
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ON THE GRAPEVINE
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Article156 1999-08-27 26 CHARTIST David Fuller's latest views on world equity markets should give punters both cause for comfort as well as worry. In his Aug 26 newsletter, he says: "While the risks for US shares have increased following the year's earlier gains, the possibility of a crash, frequently predicted156 words
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Article169 1999-08-27 26 IF you are looking for an indicator of the mood of the Hongkong property market, last week's fierce Typhoon Sam just about summed it up for you. At a press conference yesterday, Cheung Kong (Holdings) deputy chairman was asked by BTs correspondent about the direction169 words
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Article156 1999-08-27 26 AT the same press conference, Cheung Kong chairman Li Ka-shing was asked about his views cm the government's proposal to set up an independent body to monitor media behaviour. The tycoon, who is one of the personalities most closely tracked by Hongkong tabloids, said he156 words
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Page 15 Advertisements
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Advertisement85 1999-08-27 16 l i THE WORLD'S LEADING OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS Sin..- 19AS oil! worldwide st.iff of over ,'/S mujti disciplined p'rotessionals irKludinq Jfe, :4 r.\ vers chartered accountants, chartered < rot,tries and bankers have provided 7M i "iitideiiti.il and cost effective company formation-in all the major low tax areas85 words
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Advertisement99 1999-08-27 16 Results of tender for taxable book-entry Government Bond 1999 due 1 Sep 2001 and 15 Oct 2005 to be issued on 1 Sep 1999 I Tenor approx. 2 years approx. 7 years I I Amount Offered Allotted 551,000,000,000 *****,000,0001 I Amount Applied 551,681,347,000 *****,798,0001 I Interest/Coupon Rate 2.250% p.a. 4.375%99 words
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Advertisement304 1999-08-27 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 VIETSJN FOODS (S) PTE LTD (In Voluntary Liquidation) At an Extraonknary General Meeting of the members of VIETSIN FOOOS (S) PTE LTD duly convanad and haw at 2.30 pm at No. S. Jalan Beaut. Jurong Singapore *****2 on tha 23 day304 words
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Page 17 Advertisements
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Advertisement1210 1999-08-27 17 I Notice of Annual Genera/ Meeting 1 NOTICE IS HEREBY GIVEN that the Sixth Annual General Meeting of the Company will be held at Sapphire Suite, Orchid Country Club, No. 1 Orchid Club Road, Singapore *****2 on Tuesday, 21 September 1999 at 3:00 p.m. for the following purposes: AS ORDINARY1,210 words
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Page 18 Advertisements
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Advertisement1483 1999-08-27 18 J~~ L (fin) AURIC pacific group limited \mwKr RESULTS for the six months ended 3<>th june 1999 The Directors of Auric Pacific Group Limited announce the following unaudited results for the six months ended 30th June 1999> GROUP COMPANY Six months ended 30 June Six months ended 30 June 1W»1,483 words
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Advertisement635 1999-08-27 18 ——> GB HOLDINGS LIMITED NOTICE OF ANNUAL GENERAL MEETING BOOK CLOSURE DATE NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be hekJ at the Company's Registered Office, 29 Loyang Crescent, Singapore *****5 on Wednesday, 22 September 1999 at 10.00 am635 words
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Page 19 Advertisements
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Advertisement122 1999-08-27 19 (Gloss or Matt) with AniJint Lather Ref: 016 Ref: 022 Ref: 033 (Regular) $598 Aniline Leather. Armchair $2388 Aniline Leather Si 188 Pony Skin Si2BB Ref: 032 (Large) SlOBB 2 Seat Sofa *****. 3 Seat Sofa ***** Ref: 021 i"T Pony Skin 5765 I I I |J 1/ I l122 words
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Advertisement1138 1999-08-27 19 REPUBLIC NEW YORK CORPORATION Parent Company of REPUBLIC NATIONAL BANK OF NEW YORK Head Office 452 Fifth Avenue, New York, NY ***** Singapore Branch: 143, Cecil Street #01-00, GB Building. Singapore 06»542,Telephone: *****77 Tele* RS ***** Fax: *****69 CONSOLIDATED STATEMENTS OF CONDITION CONSOLIDATED STATEMENTS OF INCOME (In thousands) (In thousands1,138 words
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Page 20 Advertisements
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Advertisement571 1999-08-27 20 1 1.2*. •r v FORTIS BANK NEDERLAND N.V. p Q (INCORPORATED IN UTRECHT WITH LIMITED LIABILITY) Consolidated Balance Sheet Consolidated Profit and Loss Account As at 31 December 1998 after profit appropriation For the year 1998 fin NLG million) NLG mMon) 1998 1997 199S 1997 ets Revenue 942 542 Interest571 words
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Advertisement160 1999-08-27 20 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF CARRUTHA PTE LTD (IN LIQUIDATION) NOTICE OF 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 be160 words
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Advertisement135 1999-08-27 20 In The Matter of The Companies Act (Chapter 50) And In The Matter of CORP INTERNATIONAL (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the members of the135 words
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Advertisement15 1999-08-27 22 HOCK LOCK SIEW Takes you behind the news TheßusinessTimes f I > O A F O15 words
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Page 23 Advertisements
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Advertisement21 1999-08-27 23 K n. B 1 Your weekly guide to pubs and lounqes fc Kl every Friday in The New Paper Fastads /SStcfC/S21 words
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Page 24 Advertisements
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Advertisement109 1999-08-27 24 Strictly speaking, most golf memberships are only good for golf. For everything else, you'll need a separate club membership. Too extravagant? How would you like to get accustomed to the renowned Jack Nicklaus Seaview lan Baker-Finch Woodlands Courses, together with the 5-star hospitality and world-class dining of Hotel Sedona with109 words
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Page 25 Advertisements
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Page 26 Advertisements
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Advertisement550 1999-08-27 26 To advertise call toil-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF CISERV SINGAPORE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary Genaral Meeting of the members of the abovenamed Company duly convened and550 words
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Advertisement547 1999-08-27 26 IN THf MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DAILY INTERNATIONAL PTE LTD (In Voluntary Liquidation) NOTICE Of RESOLUTION At an Extraordinary General Meeting of the members of DAILY INTERNATIONAL PTE LTD duly convened and held at 133 New Bridge Road, #15-05 Chinatown Point, Singapore547 words
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Advertisement544 1999-08-27 26 Going to trade online? You need DBS nvestor Online Simply the best Call 323-3955 today 88DUSBANK SINTON SYSTEMS PTE LTD (IN LIQUIDATION) NOTICE IS HERESY GIVEN THAT A FINAL GENERAL MEETING Of THE COMPANY AND THE CREDITORS WILL BE HELD ON THE Ist DAY OF OCTOIER 1999 AT 3.00 P.M.544 words
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Advertisement339 1999-08-27 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DAI-ICHI KIKAKU (S) PTE LTD (In Membera' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Purauant to Section 290(2)(b)] At an Extraordinary Genaral Meeting of the Company held at 9 Temasek Boulevard #19-01 Suntec City Tower339 words
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Advertisement669 1999-08-27 26 WALKER GROUP/SINGAPORE PTE LTD .Nana OF shoal ißsntj-no^ Nona IS KEKKIY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OP THE COMPANY DULY CONVENED AND HELD XT 320 WEST IJTH STREET. NEW YORK, NY *****, UXA. ON IW 13TH DAY OP AUGUST 1999 XT 10AM, THE FOLLOWING SPECIAL RESOLUTIONS WERE PASSED;669 words
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Advertisement313 1999-08-27 26 IN THE MATTER Of THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER Of SINGAPORE TEISAN PTE LTD (IN MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the abovenamed Company deemed held on Monday, 23 August 1999, the following resolutions ware duly pasaed;SPECJAL RESOLUTION (a) RESOLVED that the313 words
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Advertisement482 1999-08-27 26 IN TME MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF HWA KAY THAI (S) PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) NOTICE IS HERERY GIVEN rHol lU creditors of tbe obovenomed Company which is being voluntonly wound up, are required on or before ihe 27* day of482 words
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Advertisement168 1999-08-27 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SCANTRONIC (SINGAPORE) PTE. LTD. (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50. the Final Meeting of the members of the abovenamed168 words
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EXECUTIVE Lifestyle
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Article, Illustration1625 1999-08-27 27 JAIME EE - mCOVER STORY Concept-driven eateries are losing their bite in the US, but Asia appears to have a more sustained appetite for such outlets, jamb be examines their fortunes in Singapore JAIME EE LESS THAN two weeks ago, Planet Hollywood Singapore had a promotional banner outside1,625 words
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VIEWPOINT
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731 1999-08-27 28 Jaime Ee - Off the Cliff by Get rid of Singlish, and we will automatically end up speaking English that's easily understood by the rest of the world. If only things were that simple Jaime Ee HERE we go again. And so it731 words
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STRAWS In The Wind
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Article87 1999-08-27 28 YOU WOULD think that a hospital, of all places, would know how to get a toilet for the handicapped right. At one major hospital here, one of the handicapped loos initially looked like it should the toilet bowl was lower than normal, with the usual handle87 words
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Article72 1999-08-27 28 TALK about insecurity. Seen on the Internet was an advertisement for a "one hand" keyboard that has just been released in Japan. The compact-sized keyboard supposedly has the full functions of a normal one, but it can be controlled with just one hand. But anyone in Singapore72 words
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Article63 1999-08-27 28 WHAT some kids have to say about love: "You should never kiss a girl unless you have enough bucks to buy her a big ring and her own VCR, 'cause she'll want to have videos of the wedding." "I think you're supposed to get shot with an arrow63 words
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MOTORING
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Article, Illustration1067 1999-08-27 29 CHRISTOPHER TAN - The 75 is, very simply, a beautiful machine. It looks great, moves well, and is probably the most attractively styled car to be introduced this year, says Christopher tax CHRISTOPHER TAN IT HAS become almost a tradition for those in the writing trade to declare their landmark birthdays1,067 words
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Article, Illustration446 1999-08-27 29 THE MERCEDES-BENZ E2OO is Singapore's topselling two-litre car for good reasons. Its brand appeal, proven solidity, attractive packaging (even more so with the new facelift) and relatively high residual value are some. Although irrefutably the luxury benchmark, the two-litre has only four cylinders446 words
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LEISURE
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Article, Illustration817 1999-08-27 29 Parvathi Nayar - Here's how to get your VIP view of Cirque da Soleil's S<imb&nco By] Parvathi Nayar YOU'VE heard all the hype about the circus coming to town as part of Millennial Mania. Well, I have to agree with "the greatest show on earth" tagline.817 words
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ENTERTAINMENT
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Article, Illustration390 1999-08-27 30 Parvathi Nayar - Compiled by Parvathi Nayar MUSIC Piano A Violin Recital Young Musicians Society presents Jonathan Lee (violin) and Cheong Yew Boon (piano) in a programme of music by Mozart, Lutoslawski, Franck and Ravel. Aug 29, at The Auditorium, YMS Arts Centre, 54 Waterloo Street, Tickets 15. Tel: 332-5813 (free390 words
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Article, Illustration541 1999-08-27 30 Parvathi Nayar - CINEMA The chemistry is still there between Julia Roberts and Richard Gere, but Runaway Bride lacks the spontaneity or edgy charm of their earlier outing By] Parvathi Nayar Chemical mush: that is a really brief summary of Runaway Bride, the romantic comedy that reunites the Pretty Woman541 words
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550 1999-08-27 30 Parvathi Nayar - THEATRE Though technically strong, 35@2000 was weak on plot and character development By) Parvathi Nayar ACTION Theatre's recent Millennium play 35@2000, while topical, certainly tried to take on a lot. Trying to be part X-Files-style mystery, part Singaporean comedy, and part redemption tale, the narrative550 words
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Article, Illustration731 1999-08-27 31 Away With Words Part of the Japanese film festival, this film tells of the unlikely bonds that form between non-mainstream people, when a Japanese man with a particular sensitivity for words takes refuge in a Hongkong bar. With English subtitles Cathay. Baby Qeniusee. Kid mayhem with Christopher Lloyd. Lido,731 words
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Article115 1999-08-27 31 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Pcturehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 Jubliee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Qoldan Villaga 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina Tampines 8 Tiong Bahru Yishun OvtrtMi Movie Clementi/Co'wealth 777-0669 Golden/New115 words
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EPICURE
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Article, Illustration914 1999-08-27 32 TAN SU YEN - taw so tbm switches off her handphone and sits back to enjoy the genteel ambience of La Fete Du Cuisinier TAN SU YEN There are two things to note about dining at the newlyopened La Fete Du Cuisinier. First.be prepared to wait. And second, switch offPHOTOS BY ARTHUR LEE - 914 words
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Article, Illustration187 1999-08-27 32 CRAVINGS JODY DENTON, executive chef of Restaurant Lulu in San Francisco, is visiting at Marriott Cafe, Singapore Marriott Hotel, until Sep 1, and some of us, at least, can't get enough of his dream mussels. Chef Denton, who cooks in a187 words
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Article, Illustration134 1999-08-27 32 YOU'VE done wine. So why not diversify and learn about the finer points of tequila appreciation? Ricardo Cisneros, a tequila expert from Cancun, Mexico, will hold a tequila tasting tomorrow at the Ritz-Carlton Millenia Singapore as pari 01 me noters nurd Annual New World of Food and134 words
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Article78 1999-08-27 32 Tan Su Yen - Compiled by Tan Su Yen THE COLLECTING frenzy continifes unabated at McDonald's. This time it's Sesame Street characters—all 24 of them, including Elmo, Big Bird and Ernie, will run through McDonald's outlets from the end of August. The Sesame Street mini bean pals are priced at $1.50 each.78 words
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Article915 1999-08-27 32 N K Yong - WINE CONNOISSEUR If only the best will do for your Mlll«nninwi bash, start stocking up fast. Here are some wines worth considering By\ N K Yong "WHAT are you going to drink on the eve of the Millennium?" I had not even thought about915 words
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TRAVEL
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Article, Illustration1139 1999-08-27 33 ANNA TEO - An eco-conscious ambience pervades Banyan Tree Maldives at Vabbinfaru. Aim a too finds out what the resort is doing to keep the natural habitat intact and pay homage to the environment ANNA TEO MUST check out the body clock of stingrays. That was the mental noteANNA TEO - 1,139 words
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Article, Illustration627 1999-08-27 33 Tan Su Ten - RESORTS Banyan Tree Bintan's pool villas just got more luxurious. And more intimate than ever. By 1 Tan Su Ten IF YOU can't jet off to the Maldives to snorkel over coral beds or hold a star fish in your hand, there's always the627 words
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Article, Illustration721 1999-08-27 33 Tan So Ten - BOOK REVIEW The Tropical Spa By Sophie Benge Perlphu (HK) Edition* $39.90 (before GST) 175 pages Reviewed by' Tan So Ten IMAGINE swimming in an infinity pool, thus named because it seems to stretch out for what seems like an eternity on a precipice© PERIPLUS EDITIONS (HK) LTD - 721 words
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INSURANCE-WISE
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Article, Illustration831 1999-08-27 34 RAHITA ELIAS - Travel insurance takes care of the unexpected that may mar an otherwise happy holiday, rahxta writes RAHITA ELIAS ALL your bags are packed, you're ready to go home. Unfortunately, you get to the airport and find the flight has been delayed indefinitely. Or perhaps, and thisFILE PHOTOS - 831 words
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UNIT TRUSTS
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Article, Illustration651 1999-08-27 35 Ben Fok - the fixer ponrr There's more to building a portfolio than going for winning funds By Ben Fok The writer is a manager (funds specialist) at Fraser Securities Pte Ltd. He can be contacted at 438-*****r e-mail: benfok(afraser. com.sg IF you want to build a good651 words
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Article, Illustration795 1999-08-27 35 Rahita Elias - Fond manager cites stabilising economy, change in corporate mindset and high liquidity in markets By] Rahita Elias FORTUNES of the Land of the Rising Sun are on the ascent, so investors would do well to jump in on the ride, says Richard Phillips, aFILE PHOTO - 795 words
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473 1999-08-27 35 Elaine Koh - Investors of global fond can enjoy 0.75-1.75% discounts By Elaine Koh THE Henderson Global Technology Fund is currenUy being relaunched with discounts ranging from 0.75 to 1.75 per cent, given in terms of bonus units. During the relaunch period, which ends on Sept 30, investors473 words
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Article411 1999-08-27 35 UWT TRUST/SECTOR (6 MONTHS 29JAN99-2OAUG09) CHANGE BENCHMARK CHANGE Top 10 fund* 1 Five Arrows SEA Special Sits/ Far East Pac Ex Jap EQ* 88.89 MSCI AC Far East ex Jap 40.47 2 UOB United Japan Gth /Japan EQ 85.92 Nikkei 225 Stock Average 29.08 3411 words
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PERSONAL FINANCE
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479 1999-08-27 36 Clarissa Tan - At least 3 companies have put together life plans specifically for female clients By i Clarissa Tan IT wasn't too long ago that Prudential had its advertising blitz for an insurance policy catering specially for women. Not surprisingly, some other insurance companies are479 words
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Article, Illustration504 1999-08-27 36 SIOW LI SEN - As card spending grows 9.2% in Q2, more cardmembers are going into debt szow Li sen has the details SIOW LI SEN CONSUMERS are throwing off their belt-tightening ways after a year of gloom and treating themselves by whipping out their credit cards. People are buyingFILE PHOTOS - 504 words
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575 1999-08-27 36 LETTERS Qs If I have a five-year loan calculated on an add-on flat basis, the financial institution will compute a monthly repayment based on the five years' interest on the principal borrowed. But what if this loan is terminated after three years575 words
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PERSONAL INVESTMENT
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Article, Illustration1074 1999-08-27 37 JOHN CALVERLEY - Brightest outlook sees long-term bull run, but dangers lurk, writes john cax.verlby JOHN CALVERLEY The writer is chief economist and strategist at American Express Bank CONTRARY to the enthusiastic view of emerging markets prevalent before the Asian crisis, long-term investors overallFILE PHOTO - 1,074 words
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Article, Illustration1141 1999-08-27 37 Tim Stevenson - Quality growth companies in continent now being traded at discount to peers in the US By' Tim Stevenson The writer is director of European investment at Henderson Investors EUROPEAN markets have underperformed over the last 12 months for a number of fundamental reasons, including theFILE PHOTO - 1,141 words
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1331 1999-08-27 37 P*PQ»" wnount 1-mth 3-mth S-mtti O«po»it tmouffi 1-mlti 3-Hh 6-mth DBS Bank HSBC A$ S10.000 A24.999 4 1200 4 1900 4 4500 25,000 74 999 3 6875 3 7500 4 1250 A25.000 A49 999 4 1400 4 21001,331 words
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Page 27 Advertisements
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Advertisement48 1999-08-27 27 Motoring The Rover reinvented EL 3 Savour even Seize the best parts 'at pl 1,: P an ,he new Pa,a 9on to enjoy life to the fullest Step in today You'll experience new levels of' exc 11 eme nT in shopping ant) entert a > n m e r.-48 words
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Advertisement8 1999-08-27 27 Travel Stingrays by the seashore EL 7 V8 words
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Page 28 Advertisements
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Advertisement6 1999-08-27 28 THEBI SINESvSTIMKS £5 eewe Shipping Tim6 words
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Advertisement81 1999-08-27 28 Special uffer! Whist stocks last Vinissimo Wine Cellar 552,200 M«hG$T (Usual price: 552.525) PLUS $500 FREE WINES of your choke from J our comprthenwue 'tnqt with ***fy purchaM Mod** CA»»» Oimwuw Won (Hnght) McmfWWth) 60<m (D«pth) Capacity 144 bottln o« 7VI •Khan* of Ml up with on* y*ar warranty (fr*«81 words
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Advertisement114 1999-08-27 28 LYRIC^^ATRE presents Q/vtoxczwt'b ?gkt SUA/# Kg tPlt^Je VPevfovmance in S&im Q?/au> 3 4 September 1999 Victoria Theatre Ong Wei Kiat as Papageno J ■'David Quah as Tamino Yee Ee-Pin 9 as Pamina fl©P Belinda Liew as Queen of the Night fj"H\ fyuM William Lim as Sarastro iw The Singapore Lyric114 words
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Page 28 Miscellaneous
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Miscellaneous272 1999-08-27 28 CRYPTIC CROSSWORD 1 It puts Frenchman out of his misery (4,2,5) M| 9 One going round having gold 10 Support that the irritating —U—U w—H—U uH 12 Fool introduces charge for fer- \2 13 Wine turning nastier TBT~ VT ■HHBHT flHf If 14 Provide with part of Carmen -_JBB JIH272 words
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Page 30 Advertisements
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Advertisement416 1999-08-27 30 Where to wine, dine and ggsgSr HHsr** <^DN 76 Bras Buah Read, Singapore *****8 Tdi 338-8333 Fax: 339-6866 Web-ahe http://www.garltoo.coM. f *Cheers To a night of I great fun and J entertainment ft Jm at Cangtry's Wt Happy Hours K j 5.00pm B.oopm Daily W (with complimentary snacks) J entertains416 words
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Advertisement112 1999-08-27 30 BSSt^^jPj^r^ A MID-AUTUMN CELEBRATION WITH OUR MANDARIN MILLENNIUM MOONCAKES 27 August to 24 September 1999 Telephone Hotline: 835 4220 s p°-°" Mi)bn*r w «l&j 333 Orchard Road. Singapore 2 ***** Tel: 737 441\ to: 732 2361 C*£g **A C.T<XSTO«J.S QEg 11 ."SOw* Tf* Singopor* Marriott Hotel it famous for its112 words
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Page 31 Miscellaneous
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Miscellaneous2235 1999-08-27 31 TODAY'S TV RECOMMENDED VIEWING P» 12 J A jJ I Asian Market Report. 2.30 PM TV Innovations. j < 6.00 Headline News. Criminals f this e sHura k episode entitled Donkey Kong Country. 11 7,00 News Night. everywnere Strangled, Not stirred. 6.00 Rolie Polie Olie. 1 7 •*> Asian Market2,235 words
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Page 32 Advertisements
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Advertisement111 1999-08-27 32 idMI af i J ft, *4mJ^H |m2DG3]ifcHH as P ir n 8 musicians are welcome to join our jazz jam sessions. Where I A W y° u can B et t'P s from the pros, support from fans and even a free beer A o cSCTSOIVIt' W from Tivoli Beer111 words
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Page 34 Advertisements
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Advertisement189 1999-08-27 34 Win a Samsonite We hope you enjoyed the our 3week series on Insurance-wise, brought to you by Great Eastern Life. You can view tnis article as well as previous weeks' our website at www.gelife.com.sg What's more, here's a chance to win a Samsonite 900 Series/System 4 Deluxe 67cm suitcase worth189 words
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Advertisement100 1999-08-27 34 brought to you by hm Great Eastern Life J J? A® Q) Gra i, uj »f your phone, call us and you'll te insured for your Irip straight away. Really, il's thai simple! Our comprehensive Dial-a-TRIP Plan protects you from all those travel uncertainties. Things like lost haggage, flight delays,100 words
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Page 36 Advertisements
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Advertisement187 1999-08-27 36 HHHHKBPi R El gynew standard of play has emerged in China, at Spring City Golf and Lake Resort, where the cool refreshment of Spring never ends. opened to wide acclaim. Come experience the warm service of our friendly staff in our well-appointed clubhouse, luxurious lodges, spa, and a wide array187 words
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Advertisement54 1999-08-27 36 Lost tiour M Try finding it at Classification 821 (Found) of The Straits Times Classified. CATS. Buy It. Sal It. Find It. FREE! If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. Buy H. SeQ It Find54 words
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EXECUTIVE MONEY
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Article, Illustration1016 1999-08-27 38 VEN SREENIVASAN - As membership prices tumble, there are calls for clubs to cut transfer fees to make golfing more affordable, reports vmu hhuum iuibim VEN SREENIVASAN THERE was a time when buying a transferable individual membership at a golf club was considered a great investment. And1,016 words
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Article, Illustration512 1999-08-27 38 WITH a dwindling number of new clubs and the decline of membership prices on the open market, most banks have decided to do away with special loan schemes for golf club memberships. These financing packages used to be popular in the 1980s and early 1990sFILE PHOTO - 512 words
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Page 38 Advertisements
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Advertisement9 1999-08-27 38 Unit trust Portfolio-building: more than just performance, EM 99 words
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Advertisement14 1999-08-27 38 -Sjfifl Investment I Fair weather for East B| Asian markets, EM 11 M M14 words
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SHIPPING TIMES
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Article144 1999-08-27 39 Bridge News, Reuters TUMBLING Asian Panamax rates dominated market talk although rates remained steady for Atlantic vessels tempted to go east, brokers said. There were also signs of firming Atlantic capesize rates. Alantic handy-handymax rates are holding at healthy levels. Futures suffered from quiet trading conditions, Clarkson SecuritiesBridge News,; Reuters - 144 words
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Article266 1999-08-27 39 m WWM imtt s$ hi CWT Distribution U1 -0.02 38 Chum Hup 1-34 -0.01 1957 Cotco Invastmant 1.30 0.02 199 rr«(qht Links 0.38 -0.01 2295 GB Holdings 0.97 0.02 19 Hal Sun Hup 0.75 unch 1169 IMC HoMlngs-HK 5.60 uncti 0 Jaya Holdings 103 001 60S Juronq Shipyard266 words
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Article, Illustration418 1999-08-27 39 Marcus Hand - Offshore Charters has taken delivery of two newbuildings so far this year By\ Marcus Hand [SINGAPORE] Homegrown marine company Offshore Charters is "Seizing the opportunity" with two newbuildings as the offshore market recovers. At the weekend, Offshore Charters took delivery of its418 words
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297 1999-08-27 39 S Shivani - By\ S Shivani [SINGAPORE] The Maritime and Port Authority of Singapore (MPA) carried out a successful Y2K test in its first ever joint exercise with a shipping company. The exercise was carried out together with national carrier Neptune Orient Lines (NOL) on297 words
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67 1999-08-27 39 Bloomberg [VANCOUVER] The Vancouver Port Authority (VPA) announced operations at its three container facilities Delta port, Vanterm and Centerm have resumed following a month-long local trucking dispute. Norman Stark, VPA chief executive officer and president, said on Wednesday: "Trucks began entering the port again Sunday toBloomberg - 67 words
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247 1999-08-27 39 Marcus Hand - By\ Marcus Hand [SINGAPORE] The Taiwanese container ship involved in a collision in the English Channel on Tuesday had sent a message to the cruise ship Norwegian Dream to warn of its collision course, according to shipping sources in the UK. Professional seafarers247 words
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631 1999-08-27 39 Selva Kumar - ADMIRALTY CASEBOOK By\ Selva Kumar THE fact that some pilots and tugs did not claim salvage payment from a vessel was irrelevant in determining if another tug could claim salvage. Even if it was relevant, that did not mean631 words
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Article, Illustration496 1999-08-27 40 Ships were new, had the latest navigational and antl-colllslon radar and had top crews Lloyd's List ON the face of it, here are two ships which above all others, should be most unlikely to ever collide. They are new vessels, fitted withLloyd's List; FILE PHOTO - 496 words
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Article300 1999-08-27 40 PACE ESP Lines 13 AMI 3 Evergreen 6 AASCO 12 foongSon 8 Accord 6 Frt 4 U AhrenkiM M Frt Links 14 Appenship 5 CLlnk Austral 8 Gemartrans 6 Avant 14 Genshpq 13 B'tang Mas 8 Gtor V Nav M BSA 7 HaiSunHup 12 BTL 14 Hangli300 words
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Article20943 1999-08-27 47 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Nam* Name Number Number SIN Dest'n Name Name Number Number M/09 IS/10 NYK IKARUGA 020N 65 *****23 To ABIDJAN (ABJ) 2003 Cote D'lvoire m/w 20/10 nyk ikaruca omn 6******21 S3 To20,943 words
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SHIPS IN PORT
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Article738 1999-08-27 53 VesMl Voy No Btrth Arrtv«l Doparturt Woo M 35 *J05 24/08/7:45 27/08/1530 Gsfi 201 54Sa J15 26/08/6:55 26/08/23:59 Bt Rahmat 5 ***** J01 26/08/930 26/08/21:00 Standard 5 12 J02 26/08/10:20 26/08/20:00 Bt Mm Cti S7 AUG-26 J01 26/08/1200 26/08/23:59 Bt Pa| N0795 ***** J01 26/08/11:00 27/08/100 GrasDerg 9923N738 words
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Article1829 1999-08-27 53 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklnq/Baltnct Rstls Ship Voy No Etb/Btr PtrkxJ From To From *ci s«v 02 sa 29/2359 m 26/boo it/wn 26/1900 m 24/1500 26/1659 26/1*00 U 26/1700 27/0*5* 27/0*00 2t 26/1700 27/0659 27/0*00 J 27/0700 27/115* 27A400 4 27/1200 27/145* 27/1700 MaMw1,829 words
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Article190 1999-08-27 53 Ao|29 Philippines: National Heroes Day. An|3o United Kingdom: Summer Bank Holiday. Aof 31 Malaysia: National Day. Sepl Mexico: State of the Nation (optional). Sep# Canada: Labour Day. Luxembourg: City Kemesse. United States: Labour Day. Sap IS Japan: Respect of the Aged Day. Sep 16 Independence Day. Sap 23190 words
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Article799 1999-08-27 53 THIS report, compiled by Cockett Mi rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on averagesized stem. Market movements are Indicated. The Cockett Bunker Price Index change and the799 words
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Article499 1999-08-27 53 Carton 180 Mai 990.0 8.1 17.5 0.09 72 0/F kiM) 19 Density Water Residue Ask AtomtiWum Sediment No abow £25 0 1 1 0 0 1 rrj" 380 Aw 984.8 0.4 14.0 0.07 37 0.02 bn. MO MM 1005.0 2.5 18.3 0.13 235 0.08 Wiri m/m499 words
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AIR & LAND TRANSPORT NEWS
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Article, Illustration592 1999-08-27 54 Rising prices of aviation fuel cause for concern AFP [MANILA] Philippine Airlines (PAL) swung into the black in its first quarterly report under rehabilitation but company executives warned yesterday there was a hard slog ahead due to rising fuelAFP - 592 words
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Article239 1999-08-27 54 Bloomberg [TOKYO] Japan Airlines Co, Asia's largest airline, is "considering" joining oneworld, the airline alliance led by AMR Corp's American Airlines and British Airways pic, president Isao Kaneko said. "In the past year, we have been setting up bilateral agreements with foreign carriers like American,Bloomberg - 239 words
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Article, Illustration428 1999-08-27 54 American Airlines, catering firm staff arrested for drng smuggling FT [NEW YORK] The airline industry is facing pressure to step up scrutiny of airport employees after US federal authorities arrested 55 baggage handlers and airline food staff in a drug smugglingFT; REUTERS; AFP - 428 words
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329 1999-08-27 54 Reuters [TAIPEI] Taiwan's aviation authorities have turned down a request by China Airlines (CAL) for a new Taipei-Bang-kok-Amsterdam route after the carrier's fiery Sunday crash in Hongkong, the Central News Agency said. The decision meant Taiwan's leading carrier could miss out on anReuters - 329 words
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215 1999-08-27 54 AFP [TAIPEI] Taiwanese Transport Minister Lin Feng-cheng was asked to step down over two air accidents since Sunday that have left two dead and 239 injured. "Why did Lin not have to shoulder responsibility after the two incidents?" Chang Chun-hung, spokesman of the majorAFP - 215 words
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Article1718 1999-08-27 54 OTY FLIGHT ETA FLIGHT ETC S***** 1605 ****** 2350 Abu DftaM RM4M5 0400 S***** 2350 Ad*iltd« AN8230 1850 IH6381 1850 28 S0230 1850 FpkMka S0989 1645 S0990 0105 MirtM $023 0705 KLS44 0040 S0803 1905 C2354 0910 S0327 0745 '.836 2300 C2351 S0804 J020 GA973 09451,718 words
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Page 39 Advertisements
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Advertisement61 1999-08-27 39 The type of accident which should not happen The Evergreen Decent and the Norwegian Dream were new, had latest equipment and top crews. Page 2 Our IT System Gives You The Competitive Edge To Stay Ahead In Your Business. DTD Port of Tanjung Pelepas WT RELIABLE EFFICIENT ADVANCED Pelabuhan Pelepas61 words
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Advertisement30 1999-08-27 39 US airline industry urged to step up security measures Fifty-five American Airlines, catering firm staff arrested for drug smuggling. Back Page Type of accident which should not happen, Page 230 words
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Page 40 Advertisements
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Advertisement1224 1999-08-27 40 I NORTH AMERICA 1 1 EXPORT 1 I OTHER DESTINATIONS I SSX-SUPER SHUTTLE EXPRESS-DIRECT TO LONG BEACH WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) [~w msw nosw |lmgkkm omias Houston oocaso |«wtom |*na>an vnsa vot M'| pta«nM| kajwu sanlawno cowwro ptcahma wbmwbitma saunaohc OOQUBKA imS" lutT 17/W 21/W H/W ti/tt1,224 words
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Advertisement688 1999-08-27 40 Lines services represented ZtBBShjV by Members of (he Registry of UWBM3/ Accredited Shipping Agents. Store National Shipping Assoc ifffet Members o( the Singapore Freight Forwarders Association. NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "ARKTIS CARRIER 7 V.9907 ETA SIN 31/08/99 BOOKINGS CALL MONKA/JUUA688 words
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Page 41 Advertisements
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Advertisement1068 1999-08-27 41 TO EUROPE FROM EUROPE Vtssa VOT SiHWHMIWSODmifI VRSa VOY ITM AMI HAM MV SOU FIT 11H sm HY EMPfKOC 320W 30/08 16/00 18/00 21/00 IS/00 HTDUH 31*05/01 07/01 10/08 04/08 28/08 MX AMAZOMIE 024W 07/09 25/09 22/00 23/09 20/09 IHM 52K 00/00 10/00 13/00 14/00 01/09 UlOMf S29W 03/09 19/091,068 words
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Advertisement2120 1999-08-27 41 HANJIN SHIPPING iikP I ilk Mr<LM -We 731*730 HAMJIN StMPfNG CS) rniTP fcwpi II MOWG *****3S 737 SAUS *****74 731 OOCUMW *****71 774 OPHAIKWS *****59 ?51 MAM LMt *****55 tAI ******0 a llfr H**********1 TO NW USA CANADA USA CANADA' Rtt VSt/VOY I 9AM ISM UKMU/VOT 5 TN* KM POX2,120 words
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Page 42 Advertisements
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Advertisement1518 1999-08-27 42 DSR-SCNATOR LINES TO UK/CONTINENT TOMEDITEKBANEAMCANADA vtna. wi tm LB* mwwwHMimvFu vtssa voy mi mt tn ros wj imi HAMJM KE&UNG M7MI Tim 11M KM MM 17 M II.M MM ZACOUN MS7W HN 14 M HH 11M MM 2) H PUNJAM SENATOR MMW MM 1(09 17 M IIM 21M 21M 221,518 words
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Advertisement952 1999-08-27 42 WLAM MAC-NELS S'PORE M'SIA Carrier MN CONTR LINES, MC p. guoang: (07) *****2s Hw vj OR M 0.**********89 SBU: (064) *****9 MAMLA: (632) *****24 PENANQ: (04) *****36 BANGKOK: (882) *****57 SURABAYA: (31) *****11 P. KELAHQ: (03) *****77 JKT (21) *****46 KUCHNQ (062) *****1-3 WM6S/6M86 I AUCKLAND/LYTTELTON MV "MILDBURG V.9515 Mv952 words
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Advertisement543 1999-08-27 42 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO Vessel SPORE N.SHEVA COLOMBO P. KLANG TULSIOAS V.113 30 AUG 17 SEP 14 SEP 19 SEP TARPON SILVER V IB3W M SEP 14 SEP 21 SEP 26 SEP CAPE CANAVERAL V.IIIW 13 SEP 21 SEP 28 SEP U OCT TULSIOAS V.114 21 SEP 28 SEP543 words
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Advertisement1646 1999-08-27 43 VESSEL VOV KHH HKO SIN PKQ PQB I DXB PMM IBA BIK IRAN SATTARI PCL-5117 25/08 27/08 31/08 01/09 11/09 12/09 13/09 18/09 17/09 IRAN TEYFO4JRI PCL-5118 01/09 03/09 07/09 08/09 17/09 18/09 19/09 21/09 23/09 IRAN BAAKERI PCL-5119 08/09 10/09 14/09 15/09 24/09 25/09 28/09 28/09 30/09 IRAN SHAHRYAR1,646 words
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Advertisement1151 1999-08-27 43 Diroct Calls to Kobo (6 Doyi)l I Nagoya (7 Days) Tokyo (S Days) I I SINGAPORE S GENERAL AGENTS: 80 ROBINSON RD TEL 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICE: COSTAt SNIPPING PTE LTD #12-00 sales/bkgs *****57/60 inward dipt (D/oi *****85 COSTAR AGENCIES (M) SDN BHD C> NO:1,151 words
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Advertisement1170 1999-08-27 43 EUROPE EXPRESS SERVICE EXPORT I IMPORT rasa vor sib juw ra anb iian ihv ni rasa Ivor Ira ham hi ta sm PWUABJBI g l!sivw jls^l»S KOPm UKO(S TO mk 11 Hmn. NKMMWBi MKOMI ST nntSMK VU NMI 2) ANTWar vu rai TRAHSPAOWC SERVICE EXPORT IMPORT rasa Ivor sm I1,170 words
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Advertisement1356 1999-08-27 44 HWKaRr EUMMMWtAWXWVWHIIUIIMIW* SGP ROM ANW HBG TMP ZEE IHV LHV IMP ROM ANW HOG PKL SGP E DELIGHT HW-009 24/00 10/00 22AM ItM 20AM 21/ M 22AM E RACER RE-OZO 20/07 07M 06M0 IMAM 10AM t%m MM E. DIAOEM RW-007 05AM 23AM 29AM 23AM 27AM 20/00 20AM E RESULT RE1,356 words
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Advertisement626 1999-08-27 44 PACIFIC INTERNATIONAL UNES (PTE) LTD A SSSSV IB 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR N**********00E livsa m mmHiin m m ■,—mi hl- *an I mam a wwmthumi mow t/< u/» n/t i 4/» »n Jvjl I Ilrntt W flft _Sl_ AII LTT WIG mmm m anj626 words
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Advertisement425 1999-08-27 44 56 TELOK 6LANGAH ROM) *62-62 CTTIPORT CENTRE STORE *****1 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSEL VOY ETA ETD DESTINATION IRIMAWA 65/99 31 AM/99 01/09*9 PALEMBAN6/PKL. BALAM ILMAMUi NM 01/09/99 02*9*9 PONTIANAK IRIMAWA 06/99 10/09/99 1109*9 MUNTOK ILMAMUI OM9 1109*9 1109*9 PONTIANAK For enqairiM425 words
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Advertisement467 1999-08-27 45 MR MYANMA ISHBk FIVE STAR LINE (MyoHHor National Lim) Loading for Yangoi (Rangoon) vtssa vor sin pkl pin pgu KNG TUNG 4W SU SAGAJNG 62W 04/09 MALAYSIA AGENTS: IOUSTEAD SHIPPING AGCNOES KUL m (03)*****00 PKL TEL (03)*****01 KN: TIL (04)*****02 PGU: TH (07)*****21/4 BANK LINE (A wvice of Andriw Weir467 words
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Advertisement1439 1999-08-27 45 HMNEHYUNDAI MERCHANT MARINE CO., LTD. [Vtssa VOY ISM I SOU IB! RIM AWT HAM MV FQ IVBSB VOTI SOU I tB« ITM I AMT I WAM I MtV IFa Si 0,5W 27/01 17 w 14/09 apirun oiot o</n n/oo 07/01 10/w 21/01 HYEMPEXOR 320W 30/01 15/09 16/09 11/09 21/09 MM1,439 words
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Advertisement900 1999-08-27 45 WALLENIUS WILHELMSEN TO NORTH AND UTIN AMERICA 'CAR RORO HEAVYUFT SERVICE* [VESSEL vor RAMP HtIGHT SW LAI [OIL MIA SAY Ml ORE NYC WW MOO TAJKO AHO4 400 Tom 6.3 M IMPORT 21/09 30 W 03/10 05/10 07/10 01/10 10/10 14/10 IS/10 TOMCOWG ANOS 4001 ms 6.3 M 09/09 11/10900 words
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Page 46 Advertisements
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Advertisement758 1999-08-27 46 BANGKOK/MAP TA PHUT/LA EM CHABANQ JAKARTA/PAN J ANQ VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN MATHU BHUM 429N 28/06 01/09 31/06 GURU BHUM ***** In Pt 29/06 XETHA BHUM" 296N 29/06 01/09 02/09 AKA BHUM* 3S6S 26/06 01/09 Ut-A BHUM 120N 31/06 03/09 04/09 ANRO JAYAKARTA'758 words
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Advertisement320 1999-08-27 46 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL COWI3UNER ggggf jsiliK I rm |■«|ro| C* iftS rto m lint ms Ir/w w/w ism iim n/m »/w MKT WIWBI |WS M/WII/H W/W K/W P/W »/W P/H <WIWT llttllt/WU/W W/W 01/10 M/ll 1»/W m—mil ligln/nc/wlc/»»l |i»/)«|ii/i«|h/»>[i;/i>| FEEDER SERVICE TO INDONESIA w vot sras320 words
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Advertisement709 1999-08-27 46 I ?S1 I i!!. I PKL I JED LEH RTM HAM ZEE SOT V>-LED6TAWYA T33w 2aw > 12/ OS Ift>o9 22/08 24/ OB VXE 06 TAURUS *33+1 31 01 AM 10/09 14/09 2CVO9 21/08 23/00 24/08 26/06 P 1 AQUARIUS U3&M OWi 08/08 17/08 22/08 27/08 29/00 01/10 02/10 OCIO709 words
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Page 47 Advertisements
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Advertisement47 1999-08-27 47 New Advertisers/Services/Agencies QMO TAN im Round-the-world Container Service For Complete Schedules Information Turn To Pg 5 MJZ Calling More Than 1500 Worldwide Destinations. Find out more on Pg 13 US WEST COAST MIDDLE EAST INDIAN SUB-CONTINENT Check Out Our Details On Pg 7 Daily M D'OCEAN LINES47 words
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Advertisement9 1999-08-27 49 FAX wwmmmm* J rf■ N 1 ,K J ilyl9 words
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Page 50 Advertisements
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Advertisement171 1999-08-27 50 l q^s/"iiC AOENGQS (FOREST PROOUCTS SERVICE) (Swl Cm Sutee Far Qitfi hlad Fre—He Cocce hM ii "Also call other west Australia ports iubjec< to inducement TAW SKN KKU TMA VISStI VOY. SIN ai EMU. COS RUBIN STELLA V3M SAILED SAILED on tn TNOR KIRSTEN 4251 30/0S 03/09 10/09 20/09 IQAHNG171 words
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Advertisement179 1999-08-27 50 11l .I'M, n^^WTW?fTTTyTjnTfnTTTTTTTyy^T?^M| SHIPPING ,f If fif ■*VlMl L Ki 11J JI k [mil I LIBYA TOBRUQ BINGHAZI MISURATA TRIPOU LuuJ |vtssaiui| votwo Iwlwo I DD maiun Iw I w IwI« I li StflMß SI 17 SPKUUSTH il/M 01/W U-'W WJOM IVW ?VW ?VW XM V/W TFffOUB Sill IBTAM TMM179 words
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Advertisement139 1999-08-27 50 rout nms/ win tjy» t. omm/vtmron SOUTHBOUND KBSB WT gam* m tmxmi was a»a e/whd ■MUMI flttS ail M JMIMI !120L_ a/Mian MM JSSAMI HZIi sam MU9SL JBiIAMI !IZB 31/g[WE 01g(W) BKUSWI fI73S 01,1* m»H) g/WOHB) WQffHWVHP VB® wr »room tmmt f m vWimi gp JBAMI M »g« nmsm PMU9MH139 words
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Page 51 Advertisements
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Advertisement676 1999-08-27 51 SHIPPING LINE LTD —J" 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********00 TEL: *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****18 (IMPORT STATUS) TLX R*****0 Chan/Jeslynn/Dora/lvy/Hanim UMSm 3 8 SLGS/WEEK *****3131 EVERY 4 DAYS i VESSEL I VOY SIN JAK LAWANTI 346 28/08 (SAT) 31/06 (TUE)676 words
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Advertisement623 1999-08-27 51 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO |n»| MM J JIT 1 HW fPt CM >0W HAI MYI otf SAV MEW IAM HOU >«ghou»e/oss: J2ZQLJIZOL H/o» nm vm n/io 37/11 M /io 31/10 urn HQKHMMMMiI U/M 22/W -lIZM. Jizmazil 11/10 li/io ls/ii 11/11 n/i" w/11 -g/TToim don /0352 _g/ij_623 words
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Advertisement104 1999-08-27 51 SHIPPING WAREHOUSING lot—; Singapore I xvdmg Daily -Man k>S« (BATAMINDO l/TII) Acoep&ng KTA'anvenbanal/Project/Heavy Lift Cargo Reefer Container lata*: Singapore Loading Mon. Wfed fti (BATAMINDO IT) AouepGng KlXorTventKmal/Pnuect Heavy Lift Caigo Tafc 227 0322 F«x: 222 9330 lati—iada SMppfeg Worabovsfag Pt« Ltd 7A M>H »«■< »-♦—f C—»te« Wl il OMOS4 REGULAR104 words
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Advertisement546 1999-08-27 51 hSSB ENG LIE SHIPPING CO PTE LTD I M *****75 (4 LW.) Fu: 533 M 30/*****44 I T C» **********01 VKSfI VOT SWEtt SNtfTD KSTWATION Gwdo* 7/99 24/08 25/08 Surah* •toco Wo I? 2/99 76/08 27/08 Xkm o«»i+w<)M 8/99 28/08 29/08 Bomo* \*du*. UmS»B 5/99 28/08 29/08 Mknf temolowli 8/99546 words
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Advertisement508 1999-08-27 52 I VESSEL VOY SIN MAA SIN I TIGER BAY 730N »30/06 03-06*09 11 12/09 1 T(GER ISLAND 731N 31-01/09 I TIGER PEARL 732N 04-06/09 09-12/09 17 18KM I TIGER SEA 733N 07 08/09 12 16/09 20-21/09 E TIGER BAY 734N 11-12/09 24 25/09 I TIGER ISLAND 735N 12 13/09 17-21/09508 words
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Advertisement939 1999-08-27 52 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MANZANILLO SAN ANTONIO CALLAO, PERU ISTANBUL MEXICO CITY SANTOS COLON, PANAMA IZMIR NHAVA SHEVA TAICHUNG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices Hongkong 852-*****113 flmsdosioonline.net Surabaya939 words
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Advertisement1150 1999-08-27 52 OOCL (Singapore] Pte Lto CFS Keppel Distrpk 65 Qwla St OCK Clr #42-00 *****13 Vk 513 #01-128 CI NO **********0H W: 272 7827 M looking yi W: *****83 F«: 438 2966 Fu: 272 7825 JLJL Oiieat Overseas Conkiiner line (Malaysia) Sdr Bhd [Reg No: *****2-U) ca f y^V PFTAUMG iATA1,150 words
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Page 53 Miscellaneous
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Miscellaneous133 1999-08-27 53 LEGEND R Thunderstorm Temperature c XS. A Shower Weother Wind direction with speed in knots Rom a r, Wove height Cloudy Sky Surface winds are indicated by arrows which fly with the wind One ful circle represents colm or light ond variable winds I One hort Heche represents 5 knots133 words
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Page 54 Advertisements
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Advertisement121 1999-08-27 54 NOTICE TO ALL USERS OF CONTAINER FEEDER SERVICES The following Members of The Chittagong Feeder Trade Committee (CFTC) are pleased to confirm that they have not imposed any congestion surcharge on their feeder trades to/from Chittagong. This decision has been taken by CFTC following the improvement at Chittagong port. The121 words
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