The Business Times, 21 June 2000
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2000-06-21
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The Business Times
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Title Section15 2000-06-21 1 THE BUSINESS TIMES \M»TA(P) (XJS/12/1999 Jse SINGAPORE Internet http: business-times.asial .com.sg WEDNESDAY. JUNE 21, 200015 words
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Article71 2000-06-21 1 sn MMJB{+l3.9O) wmwt-m U 7VOJ6 (+0.12) W% smsci futures U ML3O (+0.40) STOCK BASKET INDICES Tuesday Change KLSECOMP SttO -0J7 NIKKEI *****56 +31*2 HANG SENG 1UW74 -180.73 SET INDEX m.77 4M JAKARTA COMP —.490.11 -0i7 MANILA COUP 1*0.4 -012 TAIPEI WPI 8.S90.M -00.44 SEOUL COMP 788J2 +»M OSA71 words
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Article75 2000-06-21 1 FOSEX BATES u» ss USS 1.7S8 £(US$/SSptr£) LS14 2.625 EURO(US$/S$/E) (lMI LMC DM IMC <L»2 TEM 10U 1643 RM U» 0.464 HKS 7.7* 0222 BAHT *9.18 1044 RUPIAH 8*40 %JBM' St to IMunia 'Stmmtrnh PUKE BATES SINGAPORE* 5.80 KUALA LUMPUR 7.«7 JAKARTA ».00 BANGKOK ISO MANILA 11.00 HONGKONG 8.5075 words
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Article, Illustration688 2000-06-21 1 Teh Hooi Ling - Purchase of GPU Power Net is its biggest acquisition to date By' Teh Hooi Ling [SINGAPORE] Singapore Power (SP) has pipped Britain's National Grid and Li Ka-shing's Hong Kong Electric with a winning AJ2.I billion (552.2 billion) bid to acquire GPU Power Net, a688 words
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481 2000-06-21 1 Eddie Toh - Observers puzzled as did not involve any prized Malaysian assets From] Eddie Toh in Kuala Lumpur MALAYSIA has scuttled another investment from Singapore Yeo Hiap Seng's attempt to shift its soft-drinks manufacturing operations to Malaysia but analysts are divided on481 words
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376 2000-06-21 1 George Joseph - BID FOR DfDOM PORT Hutchison says report that it has won is speculation Byi George Joseph [SINGAPORE] The Neptune Orient Line Group said yesterday that it was still in the running for a 49 per cent stake in an Indonesian container port376 words
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Article, Illustration546 2000-06-21 1 Anna Teo - By* Anna Teo [SINGAPORE] Baby boomers call the shots in Singapore. According to a government study, the generation born between the late 1940s and early 1960s has left a mark on Singapore society at each stage of their life, and will remain a force toDARIO H NOCHE/ST - 546 words
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Page 1 Advertisements
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Advertisement180 2000-06-21 1 nrsiPE Money Msttsn US$ could top out against regionals. Pg2B Top stories 15.6% jump in Singapore's May nonoil exports exceeds the best forecasts. Nirt Pmgm V'rvendi-Seagram deal fixed at USs34b. J* IS Arts Fost The Companhia De Danca Kn Uecxxan hw. Cofesrjust HK takes your breetfiawayc I 8 *****1 *****4180 words
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NEXT page
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ON THE grapevine
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Article74 2000-06-21 2 PEST controllers from around the world are to meet here today at the start of their Second International Pest Control Convention and Exhibition, and bits of their programme sound militant. One of the speakers is named Dr Ram bo, while another will talk about "guerilla marketing".74 words
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Article80 2000-06-21 2 STILL on the subject of pest controllers one of their speakers is an expert on the housefly and he'll be sharing his knowledge on establishing that the housefly is an insect. He will talk about human misery in relation to the tribulation of the80 words
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Article113 2000-06-21 2 BT—not The Busi/iess Times but British Telecom has come under fire for a proposed three-tier share option scheme which could give senior executives eight times their annual salary. Manifest, a proxy voting group, said the scheme is "somewhat excessive" and "BT has to remember that this113 words
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Article, Illustration377 2000-06-21 2 David Boey - Market moiling effect of aborted merger on broking sector's opening np By] David Boey [SINGAPORE! Shares of listed broking houses Vickers Ballas and GK Goh edged sideways yesterday as market watchers pondered the effect that the still-born merger could have on the restructuring ofSource: Bloomberg - 377 words
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Article, Illustration636 2000-06-21 2 Anna Teo - But economists warn of slowdown in US orders later in year By Anna Teo [SINGAPORE] A dramatic bounce was expected, but still, the 15.6 per cent jump in Singapore's May non-oil exports exceeded the best forecasts. The robust performance on theSource - 636 words
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Article, Illustration348 2000-06-21 2 Corinne Kerk - OctttnfPwMMl Corinne Kerk Wlmm Llm Jul Khiang, chairman and chief executive officer, Adroit Innovations A#M43 Claim to tuM In 1998, Mr Lim left a successful 11year career at IBM to start Adroit with a former colleague there, Joey Chang. The company the first e-commerce Web site348 words
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Page 2 Advertisements
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Advertisement498 2000-06-21 2 KPMGSeminarSeries Course on U.S. GAAP Grand Copthome Singapore, Grand Ballroom 11, Laval 4 Workshop 1 An introduction to U.S. GAAR contingencies, restructuring cost, impairment, and extraordinary items Monday, 10 July2ooo,9.ooam to 5.15pm Workshop 2 Marketable equity ft debt securities and leases Tuesday, 11 July2ooo,9.ooam to 5.15pm Workshop 3 Employee stock498 words
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Page 3 Advertisements
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Advertisement245 2000-06-21 3 j^Sti I ■F n ij^ i JKjf ogjp*gli _Jpp >/3CP/ JH^H^ 1 m ymUT. N^Bxf^^^^H^Hfll^KL*dß^B^^^H^^^B •Ti.'.'iCnV Issued by Morgan Sunlry Co International Limned, regulated by the Securities and Futures Authority Limited Morgan Stanley DeanWtter is a semce mart o( Morgan Stanley Dan Winer &Co Your best decisions depend on being245 words
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SINGAPORE companies
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Article, Illustration567 2000-06-21 4 Kalpana Rashiwala - Overhaul of the mall will cost mere than a hundred millien dollars, say sources By1 Kalpana Rashiwala THE owners of the Marina Square mall are mulling over a major revamp of the 13-year-old mall. The exercise, involving an exteriorFILE PHOTO - 567 words
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COMPANY Briefs
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Article32 2000-06-21 4 h*f tundfaig in jt| shares to be suspended today pending an announcement In the stock market yesterday, its shares rose 8 cents to $1.56 on a volume 0f606,000 shares.32 words
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78 2000-06-21 4 AFX-Asia NATSTEIL Electronics Ltd said its wholly-owned unit NEL (US) Holdings Inc has formed a joint venture company called US Robotics Corp with 3Com Corp and Aocton Network (BVI) Co. Nat Steel Electronics said it and Accton will hold a 40.68 per centAFX-Asia - 78 words
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Article112 2000-06-21 4 AP SEMICONDUCTOR company SingaTrust will launch its initial public offering cm June 26, the company said yesterday. While SingaTrust did not reveal the price or number ofSharestobeoffared.it said it wants to raise net proceeds of|6o million. The proceeds will be used for international expansion,AP - 112 words
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139 2000-06-21 4 Ratters CONSTRUCTION firm Hong Lai Huat Group said its r initial public offering was Lgtimes oversubscribed. The company was offering 4.7 million new shares at 28 cents each for a listing on the main board. The offer comprises 9.4 million shares for publicRatters - 139 words
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Article152 2000-06-21 4 Reuters SINGAPORE Airlines said it would hold an extraordinary general meeting cm July 15 to seek shareholders' approval to continue buying back its shares. The national carrier told shareholders in a circular it was seeking to renew its 1998 share buyback scheme dueReuters - 152 words
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90 2000-06-21 4 AFX-Asia [MANILA] Globe Telecom said its shareholders have approved the issue of 20.4 million common shares in one or more offerings. The common share issuance, approved at an extraordinary general meeting yesterday, will increase the public's stake in the company to 80 per centAFX-Asia - 90 words
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Article244 2000-06-21 4 Venture will develop 600-ha township in Philippines KEPPEL Land Ltd said yesterday it will form a joint venture with Araneta Properties Inc for a 600-hectare residential township project in Quezon City, Philippines. KepLand has entered into a long-term option agreement with Araneta to buy and244 words
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Article, Illustration189 2000-06-21 4 ASIAONE, .the Internet arm of Singapore Press Holdings (SPH), yesterday announced that it will enhance its Wireless Application Protocol (WAP) services for mobile phone users subscribing to MobUeOne's Mi World service. CEO of Asia One Low Huan Ping said: "We are expanding our content services189 words
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213 2000-06-21 4 It will pay USs4.42m for 7.7% stake, joining JP Morgan, GIC unit in venture Reuters [TOKYO] Daiwa Securities SB Capital Markets has decided to take a stake in an Asian fixed-income Web site, asiabondportai.com, along with two international banks and a unitReuters - 213 words
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725 2000-06-21 4 eddie toh - PWT lock siew eddie toh THE Malaysian securities watchdog has been all bark and no bite lately. Earlier last week, the Securities Commission (SC) surprised the investment community when it succumbed to demanding brokers and relaxed terms for the consolidation of the725 words
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Article, Illustration596 2000-06-21 5 Analysts urge them to focus on perfecting their business models Reuters TECHNOLOGY firms which delay listings because of weak market sentiment should focus on perfecting their business models and making realistic valuations of themselves, analysts said yesterday. "The bottom line inReuters; FILE PHOTO - 596 words
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373 2000-06-21 5 Andrea Tan - $7m purchase is part of strategic plan to embrace business in the New Economy By. Andrea Tan LIANG Huat Aluminium Ltd said yesterday it will acquire an initial 10 per cent stake in China Weal Business Machinery Co for $6.9 million373 words
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Article, Illustration461 2000-06-21 7 Andrew Wee - Up to 60m TDR or 27% of existing shares to be listed; move expected to boost liquidity Byi Andrew Wee ACOUSTIC products maker Eastern Asia Technology (East Tech) yesterday said by Q3 this year, it plans to list about 27 per cent of itsCHRIS LOH - 461 words
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177 2000-06-21 7 GOODPACK System Pte Ltd, a logistics provider, said yesterday it has received approval for a mainboard listing on the Singapore Exchange. Set up in 1990, Goodpack specialises in handling semi-bulk cargoes and has a patented Intermediate Bulk Container (IBC), designed to cater to177 words
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169 2000-06-21 7 AFX-Asia [SINGAPORE] Brierley Investments Ltd said it anH Rothschild Inc have agreed to discontinue the proposed joint venture between Rothschild's Asia Recovery Fund and Brierley because of the departure of Wilbur Ross as executive managing director of Rothschild and chairman of the fund. "The departureAFX-Asia - 169 words
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Page 5 Advertisements
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Advertisement217 2000-06-21 5 Like everything in life, successful investing requires balance. A portfolio that is too tools to design a portfolio that is tailored to your needs. Your personalised portfolio conservative may prevent you achieving your financial objectives. While an is invested with some of the best fund managers in the world. It217 words
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SINGAPORE markets
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Article411 2000-06-21 6 Stocks Vokans AdcfcafTsch 2.5c 39,019,000 Acta* 10C 23,595,000 Ttak5c 1. 20,023,000 OeeiaWMOc 13,706,000 Eastern Asia 9,531,000 GMG Global 5c 7.933,000 NOL 6,331,000 AltOceanSc 6297,000 Links taknd 10c 6,037,000 Nngbowf US1 Oc 5287,000 mam i Chart Semiconductor 26c.—.......... 66,306,836 D68Qrp.. 33,482,460 PacffcCentury 26,144,900 0C8C 20,564,200 SPH 19,493,600 (JOB 18.673.432 AdtotlOo 17,278,750411 words
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Article, Illustration548 2000-06-21 6 ven sreenivasan - J I comment STOCKS ven sreenivasan A LATE 8 urge by Creative Technology and City Developments during the final hour of trading yesterday helped the Singapore benchmark index rebound from negative territory for the day and snap a three-day losing streak. Volatility548 words
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Article, Illustration179 2000-06-21 6 Ven Sreenivasan - WARRANT WATCH By Ven Sreenivasan THE warrant of tyre maker New Toyo was among the top percentage gainers yesterday. The instrument gained 3.5 cents or some 23 per cent to close at 18.5 cents. However volume was relatively light, with just179 words
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Article, Illustration242 2000-06-21 6 Wong Wei Kong - HOT STOCK By Wong Wei Kong SHARES of acoustic products maker Eastern Asia Technology (East Tech) rose sharply yesterday, with the stock finishing among the session's most active issues. East Tech shares closed up 16 cents or 16 per cent at the day's high of242 words
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Article134 2000-06-21 6 ♦THE Directors of Falmac Ltd announced that it has on June 15 completed the acquisition of the business and assets of Camber International Ltd, a toeing tax o f ♦FRASER and Neavt announced its successful acquisition of Times Publishing Ltd. At the close of the General Offer on134 words
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Advertisement266 2000-06-21 6 $40 000 Tr Vr/ course The Henley Management College, together with British Telecom and The Business Times, is offering one BT reader a place on the Henley Executive Development Programme. The 540.000 three-week residential course at the UK college runs from Sept 11 to 29. The programme aims to eguip266 words
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Advertisement101 2000-06-21 6 YOU CAN NOW PUT YOUR CPF SAVINCS IN EIGHT. important All applications for units in eight must be made on the application forms accompanying the prospectus Investors must read the prospectus The value of the units and the income from them may fall as .veil as nse »X<| >r.s >101 words
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Advertisement136 2000-06-21 7 77ms announcement appears as a matter of record only June 2000 Hong Lai Huat Group Limited (Incorporated in the Republic of Singapore on 4 September 1999) INVITATION IN RESPECT OF 47,000,000 NEW SHARES OF $0.05 EACH COMPRISING:(I) 9,400,000 OFFER SHARES AT $0.28 FOR EACH OFFER SHARE BY WAY OF PUBLIC136 words
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Advertisement724 2000-06-21 7 Hong Lai Huat Group Limited (Incorporated in the Republic of Singapore on 4 September 1999) INVITATION IN RESPECT OF 47,000,000 NEW SHARES OF $0.05 EACH COMPRISING:(I) 9,400,000 OFFER SHARES AT $0.28 FOR EACH OFFER SHARE BY WAY OF PUBLIC OFFER; AND (II) 37,600,000 PLACEMENT SHARES BY WAY OF PLACEMENT, COMPRISING:(A)724 words
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SINGAPORE news
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511 2000-06-21 8 Marissa Chew - Work on contracts in Jnrong Island, Tnas View will start at the end of the month By Marissa Chew TO meet future expansion by the petrochemical sector and other industrialists, the Singapore government has embarked on a $5.14 billion project to511 words
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546 2000-06-21 8 Republic may be a victim of its own success AFP SINGAPORE may be a victim of its own success, a US report charged yesterday, saying the city-state was pursuing a path of "creative destruction" with questionable policies for a knowledgebased economy. AlthoughAFP - 546 words
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370 2000-06-21 8 Ling Su Ann - By] Ling Su Ann LIFE insurance companies in Singapore can look forward to modest premium growth this year, while general insurers should brace themselves for a flat or even shrinking market. "It is a tough time for the non-life (general) insurers," said370 words
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Article, Illustration412 2000-06-21 8 Eugene Low - Operations in HK, M'sia also picked up; BSMG beefing np presence in Asia By. Eugene Low SCOTCHBROOK Communications has been acquired by BSMG Worldwide, one of the largest public relations firms in the US. Managing partner Alan Lee and senior partner Ong Choon Hwa, whoCHRIS LOH - 412 words
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Article, Illustration391 2000-06-21 8 Tang Weng Fai - Tang Weng Fai UNITED Airlines yesterday launched a local Web service promising a hasslefree travel search and booking experience for local and regional users. Targeted at customers from Singapore and as far away as Sri Lanka, the service allows customers to book391 words
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167 2000-06-21 8 THE Land Transport Authority (LTA) yesterday announced changes to the electronic road pricing (ERP) rates after its latest quarterly review of traffic conditions. It has raised rates at the East Coast Parkway (ECP) by 50 cents between 8.30 am167 words
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Page 8 Advertisements
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Advertisement10 2000-06-21 8 BDAY©fc-M«. infte Zaobao come out in ill toe yet again10 words
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Advertisement50 2000-06-21 8 A million dollars on wheels -T TW J Ik This is the new S-Class Pullman limo from Mercedes-Benz a seven-seater stretch version of the S-class 600 The cars each costing S1 million will arrive V^«——■ lib_. r A ■■■■IHBMiHW' holding a special preview of the car I on July 7.50 words
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MAIL bag
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401 2000-06-21 9 Lim Chin Siew - Lim Chin Siew FOR readers who have been reading Lee Han Shih's regular columns, there is little doubt where his sentiments (rather than his sensibilities) lie. He has been and continues to be persistently bearish about Singapore property. His opinion, even after401 words
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Article, Illustration296 2000-06-21 9 Lim Teck Hock - Lim Teck Hock I FIND it incredible that our national carrier NOL could sign up to berth one of its services at Tanjong Pelapas. Here is a port set up by a government that has openly declared that it intends to compete with andFILE PHOTO - 296 words
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293 2000-06-21 9 Tan Kin Lian - Tan Kin Lian Chief Executive Officer NTUC Income I REFER to the article "Of Volkswagen and motor Insurers" (BT, June 15) by Christopher Tan. NTUC Income is constantly looking into ways to reduce our claims cost and expenses, and to provide lower premiums293 words
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777 2000-06-21 9 Seow Nee Shek - Seow Nee Shek President General Insurance Association of Singapore WE would like to correct some points raised by your reporter in his article, "Of Volkswagen and motor insurers" (BT, June 15). First and foremost, we would like to state that the motor777 words
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Advertisement96 2000-06-21 9 We welcome letter*. E-mail us at btfetterQ3ph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****6. We need your futi name, address and telephone number, 90 we can verify It came from you Please use temperate language, and bear in96 words
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Advertisement215 2000-06-21 9 > u u *iu Jilt i ~7~ i ONLY ONE NEED DO TO CUSTOMER M BECOME A CUSTOMER. V HU^H 1 V Think how you'd like to be treated next time you deal a whoever H however you them, by email, 'fax they had the same information about you at215 words
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eNews
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412 2000-06-21 10 HONGKONG Restructuring said to be a prudent response to change in market conditions Bloomberg THE South China Morning Post said that it fired almost a fifth of its employees at its Internet unit and cut two proposed Web sites, stepping back fromBloomberg - 412 words
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541 2000-06-21 10 NEW YORK Bloomberg AT&T Corp agreed to buy mo-bile-telephone systems in San Francisco, San Diego and Houston for US$3.3 billion (555.7 billion) in cash to cut calling costs and to better compete with other national operators such as VerizonBloomberg - 541 words
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Article, Illustration645 2000-06-21 10 New software worm goes by name 'lifetstages' and preys on users of Microsoft Internet Explorer browser software Reuters [NEW YORK] A new virus swept around the globe on Monday, infecting personal computers in Asia, Europe and the Americas, but lessonsReuters; AP - 645 words
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429 2000-06-21 10 HONGKONG Reuters CHINESE-LANGUAGE broadcaster Phoenix Satellite Television Holdings Ltd has confirmed plans to raise up to HKJ93B million (*****.5 million) in an initial public offering to fund development of new channels, programmes and production facilities. The Hongkong-based company, backed by Star TV,Reuters - 429 words
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Article, Illustration341 2000-06-21 10 TOKYO Reuters NTT DoCoMo, Japan's dominant wireless carrier, made Internet access a standard feature on all its new cellular phones sold from yesterday, adding fuel to one of the fastest growing online markets in the world. Analysts said the moveReuters; FILE PHOTO - 341 words
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e Briefs
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114 2000-06-21 10 AFP [UNITED NATIONS] A panel of independent experts set up by the United Nations called on Monday for the establishment of a US$5OO million (***** million) fund to enable the entire world to have Internet access by 2004. In a report toAFP - 114 words
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129 2000-06-21 10 Reuters [SAN FRANCISCO] E-commerce companies Commerce One Inc and AppNet Inc said on Monday they were in merger talks, but they denied a report that surfaced earlier in the day that a deal had been signed. Commerce One, a Walnut Creek, California company thatReuters - 129 words
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91 2000-06-21 10 Bloomberg [SYDNEY] Austar United Communications Ltd, Australia's No 2 pay TV operator, has agreed to make a A 524.4 million (5525.6 million) cash bid for all the shares in eisa Ltd to expand its Internet business. Sydney-baaed Austar, Australia's biggest rural pay-TV provider,Bloomberg - 91 words
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80 2000-06-21 10 Reuters [LONDON] British financial services watchdog Howard Da vies highlighted the risks facing the UK banking industry from new online ventures. Mr Davies, chairman of the Financial Services Authority, warned that banks' senior managers needed to keep a firm grip on Internet plans and theirReuters - 80 words
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75 2000-06-21 10 AFP [TOKYO] Japan's Hitachi Ltd and US computer maker IBM Corp said yesterday they had agreed to cooperate in strengthening the development and manufacture of information technology systems. The strategic partnership would reinforce existing ties between the major electronics maker and IBM, a JointAFP - 75 words
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75 2000-06-21 10 Bloomberg [DENVER] US West Inc. which is merging with Qwest Communications International Inc. will sell its Cast Internet service in 90 additional markets and introduce a Web site designed to take advantage of the speedy links. The company's Megaßit service provides digitalBloomberg - 75 words
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Article, Illustration1789 2000-06-21 11 Vikram Khanna - FAST Indigoz is reinventing the customer intelligence game, spicing it up with New Economy features that promise to pay handsome dividends By Vikram Khanna fSINGAPOREI Suppose you run a company say, a restaurant and somebody comes along and offers to tell you every detail youCHRIS LOH - 1,789 words
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Page 11 Advertisements
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Advertisement102 2000-06-21 11 I Corporate Advantage I For more information I M reservations, I I (65 294-0467. \ssS s I 'Superior Room (65)298-2038 I Complimentary Local Calls or E mail sales golden land mark.com.sg 1 and Daily Newspaper All rates are subject to 10% service charge, Hr *r government tax and 3% GST.102 words
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Advertisement21 2000-06-21 11 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service, fa CATS. Another Classified Service21 words
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Advertisement180 2000-06-21 11 4 W,: Marvel at the 'green gems' ofi Hong Kong jm 69 IK PVBI B m B—rmtmmiHmmmimt************ dttem ecotosy. Cten )cvkt know thauox o) Hong Bwija mwr Imi am VmU: Cmmct has been &et aside for conservation, recreation and tourism tn 23 country Stngapcn international Convention and marine park*. Much180 words
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EDITORIAL & opinion
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Article, Illustration836 2000-06-21 12 tom piate - m f«IA bottom line OPINION tom piate The writer, a Los Angeles Times columnist, also teaches at the University of California, Los Angeles. E-mail Tplate@ucla.edu LAST month, a little-noted scene told a big story. In a then-secret meeting with Chinese President Jiang Zemin,836 words
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Article78 2000-06-21 12 'I no longer want to set any records. Fm more interested in preserving my accumulated capital hi my old age, I have become more conservative.' GMfiSm who turns 70 in August. 'When the market tanked, there were quite a few Internet people with orders for jets.' -RtekariSaaUDi78 words
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Article688 2000-06-21 12 EDITORIAL US President Bill Clinton is expected to decide later this year whether to give the green light to build the first piece of a national missile defence (NMD) system. If the plan goes ahead, it will not only undo the 1972 AntiBallistic Missile (ABM)688 words
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Article, Illustration910 2000-06-21 12 Chia Tae Chern - Analysts have no reason to be aghast at prospect of HK becoming another 'Chinese' dty By Chia Tae Chern The writer is an economics research analyst based in Singapore SINCE the handover of Hongkong to China in 1997, Hongkong has beenFILE PHOTO - 910 words
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Article, Illustration865 2000-06-21 12 Mike Moore - COMMENTARY By] Mike Moore The writer is director-general Of the World Trade Organization FT IT IS hard to grasp how one could survive on less than US$l (511.72) a day. For most of us, a dollar Is the costFT - 865 words
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MALAYSIA news
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MARKET moves
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Article87 2000-06-21 13 THE hoped-for technical rebound on the KL market did not happen yesterday, but at least the stark losses of the previous day's trading was not repeated. Index movers ended mixed. Maybank finished 20 sen lower at RM14.30; electricity company Tenaga shed 20 sen to87 words
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Article89 2000-06-21 13 STOCKS of the Arab-Malaysian group were actively traded yesterday as worries about its merger with the Utama banking group led to some selling of the stock. The counter saw some 9.92 million units done for the day, closing 20 sen lower at RM13.50 after plumbing89 words
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Article152 2000-06-21 13 Diana Oon Abdullah - Compiled by Diana Oon Abdullah THERE was some trading of counters with shares frozen on Clob yesterday, as the date for the staggered release of the stocks draws near, dealers said. Public Bank Foreign, MRCB, Magnum and 101 were among Clob shares that were on the top152 words
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Article128 2000-06-21 13 KUALA LUMPUR Reuters MALAYSIA'S MBf Capital is evaluating all "possible means and ways" to return to the black this year, its chief executive officer Loy Teik Ngan was quoted yesterday as saying. The New Straits Times quoted Mr Loy as saying the company may sell orReuters - 128 words
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Article, Illustration668 2000-06-21 13 PEOPLE Reuters [KUALA LUMPUR] Sipping a Perrier, Francis Yeoh sits in a glass-walled bistro watching people fill up sidewalk cafes he has created along a busy shopping strip. "When I first thought of this place, I realised you needed a place where youReuters; FILE PHOTO - 668 words
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354 2000-06-21 13 KUALA LUMPUR Sale of stakes in Shangri-La (M) and resort as developer sees turnaround Bloomberg LANDMARKS Bhd, a Malaysian property developer, said it will raise RM4OO million (*****.4 million) this year from the sale of a stake in Shangri-La Hotels (M) Bhd andBloomberg - 354 words
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256 2000-06-21 13 KUALA LUMPUR Reuters AN influential Malaysian business group yesterday urged the government to stem corruption. Philip Dingle, president of the Malaysian International Chamber of Commerce and Industry (MICCI), told the body's annual luncheon that the perception of large- and small-scale corruption was hurtingReuters - 256 words
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543 2000-06-21 13 KUALA LUMPUR But easier roles will apply on a case by case basis MBT THE Securities Commission is expected to relax its ruling on the use of funds raised in initial public offers by companies listing on the MalaysianMBT - 543 words
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Page 13 Advertisements
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Advertisement152 2000-06-21 13 profitable avenues for new The Ideal Investment Business Window modernization and I to Europe the development of existing Mediterranean businesses. A seminar to know more about Italy with its interesting and innovative investment and business opportunities. Highlights of the seminar J 1 Presentations on some important industrial regions of Italy:152 words
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SOUTH east asia
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568 2000-06-21 14 JAKARTA Analysts see raising the funds as critical to plugging the budget deficit Bloomberg INDONESIA plans to raise 6.7 trillion rupiah (Ssl.3 billion) through the sale of eight state-run companies next year, a day after the government conceded it will not achieveBloomberg - 568 words
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188 2000-06-21 14 JAKARTA Reuters FOREIGN investment approvals in Indonesia plunged to U*****.6 million (*****.9 million) for 96 projects in May from US$l.O6 billion in April, a government official said yesterday. "The figure for May is really down... it is because of non-economic factors," Investment MinistryReuters - 188 words
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Article, Illustration395 2000-06-21 14 Reuters AFP [JAKARTA] Indonesian investigators yesterday grilled central bank governor Sjahril Sabirin for the first time as a suspect in a simmering bank scandal. Mr Sabirin was asked 20 questions over nine hours at the Attorney-General's Office and allowed to leaveReuters; AFP - 395 words
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171 2000-06-21 14 JAKARTA Bloomberg KIA Motors Corp, a unit of South Korea's Hyundai Group, will restart construction on a stalled auto plant with Indonesia's PT Timor Putra Nasional provided the partner's debts are reorganised. The future of the venture, halted for almost three years, dependsBloomberg - 171 words
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Page 14 Advertisements
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Advertisement38 2000-06-21 14 Your new partner... In 2 days we will ■a new bank. i. r FORTIS BANK On 23 June, MeesPierson N.V. will become Fortis Bank. So|id partners> flexjb e solutions For more information, please visit our website at www.fortisbank.com38 words
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Advertisement39 2000-06-21 15 I Softel V enabling M for carrier «n expertise \y iminw 'I'll I'M 1 I MHHH^^HHp J;.'' >^ s iM"^ i|l!C»y* ?:i .ft. ft* j&.r' I 1 L* J H k 1 f HPv 4 pwjTP^priji^*-^^^ Val I FAI [M39 words
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EAST asia
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364 2000-06-21 16 TAIPEI He calls for meeting similar to that of the two Koreas Reuters TAIWAN President Chen Shui-bian held out an olive branch to China yesterday,* inviting his Chinese counterpart Jiang Zemin to a summit along the lines of last week's historic meeting betweenReuters - 364 words
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181 2000-06-21 16 HONGKONG Reuters AFP STATE-OWNED conglomerate China Resources (Holdings) Co Ltd said on Monday that it is restructuring its Hongkong-listed subsidiary, China Resources Enterprise Ltd, to prepare for competition when China enters the World Trade Organisation. China Resources chairman Gu Yongjiang said the group, withReuters; AFP - 181 words
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Article, Illustration467 2000-06-21 16 Demand from resident! 'always remains', he says AFP Bloomberg BILLIONAIRE tycoon Li Ka-shing has expressed optimism over Hongkong's slump-hit property market, saying that people should be more confident about its prospects, s press report here said yesterday. Mr Li, who heads property developmentAFP; Bloomberg - 467 words
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413 2000-06-21 16 Tay Hong Seng - Europeans poised to enter Chinese insor&nce market By Tay Hong Seng [SINGAPORE! After wooing the China market for more than a decade, European insurance companies are now poised to be among the first foreign businesses to benefit substantially from China's pending entry into413 words
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Page 16 Advertisements
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Advertisement177 2000-06-21 16 IP Km A J MdMidif,' h wt® M X .tteSh }z*gW %-^l^wM I K W WM3»&i3ai. If JHad ->M4^\j Since its early Jays as a trading post in tke South Ckina Seas, Hong Kong has welcomed the arrival of visitors with style and flair. Today the tradition continues on the177 words
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Page 17 Advertisements
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Advertisement315 2000-06-21 17 I I B I B yjf m i I 1 i 1 I j I I -S i I I I II I I II 11' 11 I B J I L#J I i I IK mgdr*' w 1 11 w h fij *->^^^^*» Jfllr H H j^KJB A B315 words
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WORLD news
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Article, Illustration923 2000-06-21 18 PARIS Vivendi will offer to buy 51% of Canal Pins that it does not own Reuters Bloomberg VIVENDI SA, seeking to create a European company to challenge US entertainment rivals, agreed to buy Seagram Co, owner of Universal Studios and Polygram records, for US$34 billionReuters; Bloomberg - 923 words
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358 2000-06-21 18 VIENNA AFP Bloomberg OIL ministers from leading producing countries held preliminary talks yesterday to hammer out an agreement on how much crude oil to supply to cool an overheating market, but a consensus appeared elusive. Ministers from the Organisation ofAFP; Bloomberg - 358 words
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WORLD Watch
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Article57 2000-06-21 18 Reuters [NEW YORK] Goldman Sachs Group Inc yesterday reported a 21-per-cent rise in second-quarter profits, beating lowered expectations, as the investment bank's record profits from helping companies go public and advising them on mergers ofhet investment losses. Goldman earned US$755 million, or US$l.4B per diluted share,Reuters - 57 words
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33 2000-06-21 18 Bloomberg [CHICAGO] Sam Zell's Equity Office Properties Trust said shareholders approved its plan to buy Cornerstone Properties Inc for US$4.7 billion. Cornerstone's shareholders also gave their nod.—BloombergBloomberg - 33 words
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44 2000-06-21 18 Reuters [WASHINGTON] The US on Monday eased economic sanctions against North Korea after almost 50 years. Trade of most goods Is now allowed, as is direct personal and commercial financial transactions. Investments, shiooing carso and commercial flights. —ReutersReuters - 44 words
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46 2000-06-21 18 [LONDON] UK retail stockbrokers want the London Stock Exchange to delay a vote on its proposed merger with Deutsche Boerse AG. The LSE is expected to call an extraordinary general meeting for early September to vote on the merger.46 words
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566 2000-06-21 18 Reuters Bloomberg THE US trade deficit narrowed in April to US$3O.4 billion (5552.7 billion), as imports fell for the first time since December 1998 and oil prices dipped from their 10-year highs, the Commerce Department said yesterday.Reuters; Bloomberg - 566 words
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Article, Illustration439 2000-06-21 18 Bloomberg SOGO Co, a financially troubled department store operator, said it was in talks with Mitsukoshi Ltd and several other potential buyers for its flagship store in Osaka. "We're in the final stages of negotiations with several parties, Including Mitsukoshi, which is consideringBloomberg; SIEW TAW HOONG - 439 words
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499 2000-06-21 18 LONDON Reuters FRENCH advertising group Publicis announced yesterday an all-paper takeover of Britain's Saatchi Saatchi for 1.96 billion euros (553.26 billion) to create the world's fifth largest advertising company. Publicis said it was offering 1.64 new Publicis shares for every 100 Saatchi SaatchiReuters - 499 words
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426 2000-06-21 18 Nell Behrmann - Thanks to buoyant US economy and jewellery market From] Nell Behrmann in London ROUGH diamond sales of De Beers soared to a record U553.52 billion (S|6.l billion) In the first half of this year, 44 per cent higher than the corresponding426 words
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615 2000-06-21 19 WASHINGTON It will consider freezing lower court order on company's business practices Reuters MICROSOFT won a small round in its battle against the Justice Department on Monday, when the US Court of Appeals agreed to consider freezing a lower court order thatReuters - 615 words
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480 2000-06-21 19 WASHINGTON Bloomberg PFIZER Inc's US$l2O billion (Ss2o7 billion) acquisition of Warner-Lambert Co to create the world's No 1 drugmaker received anti-trust approval from the US Federal Trade Commission. The FTC cleared the transaction after the companies agreed to divest drugs prescribed forBloomberg - 480 words
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Article, Illustration433 2000-06-21 19 TOKYO Fresh spending to fuel recovery will be considered: Mori Reuters THE government upgraded its assessment of the economy yesterday as the Bank of Japan (BOJ) said it was drawing closer to raising interest rates amid signs that a decade of recession was starting toReuters; AP - 433 words
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Page 18 Advertisements
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Advertisement10 2000-06-21 18 No longer just energy that fuels US inflation, Pg 2810 words
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Page 19 Advertisements
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Advertisement110 2000-06-21 19 ■Mkgf JM K<' i ij^^w a 1 I -i w B. fc fb Hf M i bri bP C; £a9|H "fj it ,*iMW r'. -'«g .iiaH Any shape or size, on-time across Asia. Even if your next shipment doesn't quite fit into an In-tray, we'll still make sure it gets110 words
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NBA final
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Article, Illustration600 2000-06-21 20 Tim Kawakami - Tim Kawak&ml salutes the stars, the LA Lakers team that pull out a thrilling 116-111 come-from-behind victory over the Indiana Pacers Tim Kawakami LATWAP All they had to do was follow the stars, who burned bright, burned long, and burned to be champions. Two blazing stars, whoLATWAP; Photos: AFP, REUTERS - 600 words
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Page 20 Advertisements
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Advertisement207 2000-06-21 20 ONE OF THESE SHOPS WILL LEAD YOU TO WlN'fiHßl I* X CARS PLUS $60,000 CASH! CALL 1900-914-0988 wnwi MMI I 1 EidHdes registration fe* road tax. imwance aid COE j I jH B[ 9 K Mk 12&® !s&£ ♦am 0 luf^rNt jiictihH J j v j m nHHHHHHH I f207 words
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Advertisement231 2000-06-21 20 T° advertise call toll tree 1,300 741 1883 1 1 JLwJEjO Fax No-741 1298 I The Straits Times CLASSIFIED Where buyers and sellers meet Find the right set of wheels. Buy h. Sd h. Find k. IN THE MATTER Of THE COMPANIES ACT, CAT. SO AND IN THE MATTER Of231 words
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FINANCE & commodities
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231 2000-06-21 21 Chan Yet San - SQX Derivatives Tradln^Reports MSCI Singapore Index Chan Yet San THE Singapore stock market bounced back up yesterday following the US markets' rise. The MSCI Singapore Index gained 1.73 points or 0.66 per cent to close at 263.72 points. Within the index, 16231 words
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226 2000-06-21 21 Chan Yet San - MSCI Taiwan Mares Chan Yet San THE Taiwan stock market yesterday ended lower following Taiwanese president Chen Shui-bian's first news conference on cross-straits relations. The MSCI Taiwan Index lost 2.98 points or 0.77 per cent to close at 381.73 points. The volume traded was226 words
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Article269 2000-06-21 21 ENERGY REPORT Reuters [LONDON] Jittery oil prices were steady yesterday, waiting on tenterhooks as the Opec producers' cartel prepared to meet in Vienna to decide whether to pump more crude into the market from the third quarter. London benchmark Brent Blend crude futures forReuters - 269 words
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Article345 2000-06-21 21 Reuters London THE euro continued to struggle against the US dollar yesterday as investors trimmed some long euro positions, given the single currency's inability to capitalise on a strong German business survey report released. Earlier in European trade, the euro had risen briefly versus the US dollar afterReuters - 345 words
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Article, Illustration1188 2000-06-21 21 OITERBAMK CROSS RATES C$ Un n 9m m Mtttom *m mm* Nw 8 irt IB 8att Nwd USS Australia 0.887 5.025 0.630 4.134 1233 4.719 27*45 5226 0*39 4.776 2201 1270 31.422 25*40 L0S0 4.K9 0.982 ***** ***** 0.400 0*06 *2 07,0 4451 1389 1311 30 475 58.930 0-720 7*361,188 words
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Article1700 2000-06-21 21 8100M POTPRBB JunW 1 lUBBCt (Marts doM«Mi(5J0pa) RSSICflimUCTOcMMD Om Mm Opto MwO Hj9& Uw Mt CtoMM) Monrt M 00 16.00 AMI 00 119.00 StpOO 122.50 400 0ct/0ec 00 ***** ISS 3 CONTRACT (USctnb/M) MM 0M Mowtt Mm':. MfiV Cttw—i) hfomf MOO 6450 ISO AttfOO 66.50 2875 stpoo a.n 2S6o 0ct/Dtc1,700 words
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STOCKS east asia
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Article, Illustration2680 2000-06-21 22 HONGKONG AFP Q Bug Seng -180.73 HONGKONG share prices closed 1.1 per cent down yesterday on profit-taking after an initial rise on the back of overnight gains on Wall Street, dealers said. It is just profit-taking after recent gains, said Michael Ng, deputyAFP - 2,680 words
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Article, Illustration874 2000-06-21 22 Reuters AFP -127 CHINA'S hard currency B shares ended down yesterday in a sell-off by retail investors following an official warning against investing in lossmaking firms. The Shanghai B Share Index fell 2.96 per cent, or 1.62 points, to 53.2 as turnover grew to U5515.03 million. The Shenzhen BReuters; AFP; Source - 874 words
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Article364 2000-06-21 22 AFP DWPlndn -<0.44 TAIWAN share prices closed 0.7 per cent lower yesterday in thin trading with investors sidelined and waiting for fresh leads, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 60.44 points to 8,690.66, following a 0.2 per cent decline in the previous session. Market sentimentAFP - 364 words
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1957 2000-06-21 22 TOKYO AFP QffikkaXß +3112 SHARE prices in Tokyo rose 1.9 per cent yesterday with sentiment bolstered by a rise on Wall Street and polls suggesting a win for Japan's ruling coalition in the upcoming election, brokers said. The key Nikkei 225 Index roseAFP - 1,957 words
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Page 22 Advertisements
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Advertisement27 2000-06-21 22 M ••< HIP- <^M i HP Hf M Hr mKKK^^m H ■■^^■■■I^^HI^H^HHHI m n *v* o»! e' v *•►2. f>> 'Ixll7LrrTnTATrwiTrimn >«i lIIEdUSIN ESS ITMES INTELLIGENCE CHANGES EVERYTHING.27 words
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STOCKS klse
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Article8126 2000-06-21 23 INDUSTRIALS 2000 Last Day Nat Cap H» Cpw CdteHf Qpte 'BOO MIHl It >/l >— 420 HO Ajinomoto 390 unch 4 390 390 19.1 M19 88 62 M|Mh 63 t 89 63 62 92.9 670 290 ApoMo Food Hk| 420 -28 3 420 420 KXO 168.0 3350 2700 8ATS0C 31908,126 words
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Article, Illustration372 2000-06-21 23 AFP CI Compost* Index -OJ7 MALAYSIAN share prices ended down 0.1 per cent yesterday in volatile trade, with late buying offsetting earlier losses, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 0.67 points to finish at 812.62, off an earlier lowAFP - 372 words
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Page 23 Advertisements
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Advertisement12 2000-06-21 23 A EBusiness Times weekly on homes and offices every Thursday TiiklSi sim:ssTi\ii;s12 words
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SGX clob & regional stocks
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Article2563 2000-06-21 24 BONDS &WARRAHTS Jim 20 J***, laat MM)f Ull8.ll. N Sta Caar HSt! f■■■■■ i «*r r—i mm u» w <■—**<» m» nu um 22 *£2 20J 03 80 203 193 193 203 20 41.0 1 300 172 5.76 a 59 7.5 AITTach *(*****7 16 |4J 9 174 100 337 I2,563 words
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Article, Illustration730 2000-06-21 24 AFP P SET fain -jjjj THAI shares edged down 0.3 per cent yesterday as thin trade and a lack of foreign buying support depressed the bourse, dealers said. The Stock Exchange of Thailand (SET) Composite Index dropped 0.89 of a point to 339.77, while the SET 50 Index lostAFP - 730 words
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Article275 2000-06-21 24 AFP n Composite Index -<h22 THE Philippine Stock Exchange Composite Index edged marginally lower yesterday amid signs of the economy flagging. The index fell 0.22 point to 1,560.10. Turnover was lower at 1.33 billion shares but value rose to 1.12 billion pesos. —AFP Hm rtm MRC AIM a*3 0.13AFP - 275 words
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Article, Illustration634 2000-06-21 24 AFP M Composite hiaz jiff JAKARTA share prices closed down 0.1 per cent yesterday amid a late rebound in selected stocks, dealers said. The Jakarta Stock Exchange Composite Index closed down 0.57 of a point at 490.12, off a low of 484.01 with 658 million shares worth 578.8 billionAFP - 634 words
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Article267 2000-06-21 24 AFP QNZSE-40 -1M» NEW Zealand shares closed down 0.8 per cent yesterday as buying Interest dried up. The NZSE-40 Capital Index ended down 16.49 points at 2,019.25, on a slim turnover of NZ$7l million. Market heavyweight Telecom was down eight cents at NZs7.so.— AFP *m» «a mm Advantage HOSAFP - 267 words
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Article540 2000-06-21 24 AFP yiAflOrfatri« *L 8 AUSTRALIAN share prices ended 0.1 per cent higher yesterday with a resurgent banking sector offsetting major falls in some of the bluechips, brokers said. The All Ordinaries Index added 1.8 points to 3,106.3 while the SP/ASX 200 gained 4.1 points to 3,155.2. Turnover totalled 722AFP - 540 words
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Article266 2000-06-21 24 AFP H Composite Index+MJ4 THE Korea Stock Exchange Composite Index closed up 29.94 points at 785.32. Volume stood at 337 million shares worth 2.6 trillion won. —AFP Jmi* Oowlwl »000 1300 Brain Tacft *10 S Cantral tank USO -no ChMComm *****0 9000 DaaOuBank 23*0 310 OMunfCarp— *90 90 PwwC»>AFP - 266 words
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Page 24 Advertisements
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Article7527 2000-06-21 25 SOXMAIMBOARD Transaction date:,fun 20 U il Laat Val 0*9 Lm4 Owtl C*J Wv YM Hat Ca a™ Hmi u» tiim mi cooo> n» u» mitt urnm cw p/t fll w5 M2 Ml a c AcaaSOc 118 cd -J *09 122 tie 119 120 5 42 21 MS 204.87,527 words
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Page 25 Advertisements
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Advertisement45 2000-06-21 25 """flJB |l j < ||r B| BSB are designed and manufactured in the UK by f B I DAS Specialist Business Furniture, I |N jHp' e astest 9 rowin 9 fading room furniture supplier. i J rf3 Whatever your requirement, we can help iHfct. Singapore apres9pacific.net.sg45 words
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ARTS festival
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Article, Illustration659 2000-06-21 26 FELICIA YAP - The Companhia De Daoca Deborah Colker just takes your breath away, says Felicia tap FELICIA YAP HOT from the sunny shores of Rio de Janeiro, the Companhia De Danca Deborah Colker certainly bowled the Kallang Theatre crowd over with Rota, a visually spectacular blend of modern659 words
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Page 26 Advertisements
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Advertisement272 2000-06-21 26 GREAT SAVINGS ON MODERN CLASSICS. Alt items fully imported from Italy We guarantee our quality specifications equal or exceed that of similai furniture sold at considerably higher prices We salute the 20th Century Masters Eileen Fritz Josepf> Hoffonci'i Clint s Pent Noiiuc' i Thomas Rit'Nelf M-C; Vein Dei Roht Fiani-272 words
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Page 27 Advertisements
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Advertisement612 2000-06-21 27 Where to wine, dine and Mpsa Savour the distinctive mix of fbvour^^^^flE, 2nd iMto of Singapore. local dishes we have for you Tauhu Goctng, Tandoori Fish etc. TPKTmgWWWBIHTTW^WICTWimn^M Do exaect I dianfc k> oar <kiy menu. Price ■Jbject to 10% lervke charge id prcvJmf fummumt taxe»CALL: 330 3585 OR 330612 words
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Advertisement138 2000-06-21 27 ie™^ mmm .a HIGH TEA FAVOURITES Enjoy local and Western favourites in a daily bigh-tea buffet at The Mezzanine Cafe Bar. I 12pm to spm daily Weekdays: $21.80» U& I Weekends: $22.80 m clt? Reservations: 831-6286 ilf/SJ 133 CMmrl >o«t Siwore 23asb7. nm fet 737 4411 ft* 732 2361 Tte138 words
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Page 27 Miscellaneous
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Miscellaneous906 2000-06-21 27 iilUtimtiinn—Central 'Ji «-00 Wheel of Fortune. 330 TV Innovations. 12.02 AM One Hour News. i 8.30 Sabrina The Teenage 530 Mastura. LOO B Tonight. 0.00 AM Kids Central: The Witch 530 Tirai: Wanita Dan Pe- L3oCheerUpJapan.fr) Comfy 7.00 Under One Roof. muda Desa. 230 to 6.00 am Real-time i.^S|^vf%aFTO-fe •>906 words
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Miscellaneous303 2000-06-21 27 CRYPTIC CROSSWORD ■"■■Jsr— I n* I Hv I I I I I I I li IH |HB i i HH H Ml JM. i 1 JmHHHHK. I LJ —L|^—^U—M—W ■I H H H H I ■Bi fIHHHHHDHHHK JHR IIH HI fIH 1 ACROSS 5 Checks cheats In tart fashion 6303 words
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MONEY matters
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Article, Illustration965 2000-06-21 28 larry wee - -l i comment CURRENCIES A break of key 105 yen support will show that US$ has little upside left larry wee OVER the past week, the tone for the US dollar turned noticeably softer against currencies like the euro, Australian dollar and Japanese yen.Source: H - 965 words
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Article, Illustration548 2000-06-21 28 INVESTORS should not write off the recent surge in energy prices. It will eventually raise core inflation in the US as well. Core consumer prices in May rose 0.2 per cent as expected and, in isolation, financial markets should beSource: Financial Markets Today - 548 words
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455 2000-06-21 28 BECAUSE higher oil prices threaten to eventually work through into higher US inflation creating a political backlash in an election year the US will try to influence a large oil production boost from the Opec summit starting today. Opec's failure to automatically increase455 words
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Page 28 Advertisements
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Advertisement56 2000-06-21 28 V if I^|^| <> <JHr' U^M djjr SUM A| j M\ I I A 1 9L■ V I iHXIiK rTV Mill b* l d d*\t aJ,". mv I rfTTii K [TiTiTm I I I I |rj'#>l|jlrfl [j I'KIH IHIHI i4^B CaMfornia Pizza Kitchen! I Records voucher! details in your free56 words
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SHIPPING TIMES
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Article268 2000-06-21 29 Bridge News Reuters PANAMA rates remained generally firm in the Atlantic and Far East in a typically sluggish Monday start, brokers said. Capesize owners were optimistic that rates lode set to firm in the short term The Baltic Dry Index (BDI) rose six points to 1,592, the BalticBridge News; Reuters - 268 words
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Article209 2000-06-21 29 ma KawrtCorp 3.98 0.04 354 PMftlS t09 «W» 444 art* 195 0.08 008 m tm -0.02 m arm* 0J5 undi 78 OP MM 0 US -0X1 6371 0«rtyM 050 WKft UO tocmcCarrtara 0.86 -o xb m Pan (MM Corp 0 32 -O0I 34 5an*CarpM L96 0.(2 W87 San*209 words
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Article, Illustration441 2000-06-21 29 Donald Urquhart - Richard Metzler has mere than 25 years of experience in supply chain management By] Donald Urquhart [SINGAPORE] Neptune Orient Lines (NOL) announced yesterday the appointment of Richard Metzler as the new chief executive officer of its logistics arm, APL Logistics. He will be based441 words
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Article, Illustration122 2000-06-21 29 [ENGLISH CH A NNEL] This video grab frame, taken by a remote controlled camera of a dumped nuclear waste barrel at a depth of 103 metres in the English Channel, was released by Greenpeace, The environmental activists released a number of new images of theAFP - 122 words
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221 2000-06-21 29 Donald Urquhart - By: Donald Urquhart [SINGAPORE] Singaporelisted Samudera Shipping Line has initiated a fixed weekly container service from Singapore to Shanghai, it was announced yesterday. Three vessels with an average capacity of 650 TEUs (20-ft equivalent units) will ply the route calling at Singapore, Port Klang, Hongkong221 words
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158 2000-06-21 29 AFP [MANILA] Dutch company Smith Group Gexis is to build a US$l.7 billion (554.97 billion) transhipment port complex in the northern Philippines town of Masinloc, the presidential palace said. The port is to serve regional cargo, local cargo and be connected to a railAFP - 158 words
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341 2000-06-21 29 Weekly ran will halve transit time from US to India Bloomberg [SINGAPORE] Neptune Orient Lines' container shipping unit, APL Ltd, will soon start a weekly service beteen Singapore, the Indian subcontinent and the Middle East, which will halve the transit time fromBloomberg - 341 words
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263 2000-06-21 29 P T Bangsberg - By P T Bangsberg [SINGAPORE] Mitsui OSK Lines is launching a dedicated feeder service between Asia and West Africa, claiming some of the shortest transit times available. It will initially deploy a ship with capacity equivalent to 320 TEUs (20-ft equivalent units) beginning263 words
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STRAIT talk
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Article, Illustration820 2000-06-21 30 Seafarer - By\ Seafarer THERE were two very welcome news items last week. A hijacked ship has been located in China and suspects detained, while Indian authorities effected a peaceful end to the seizure of a ship by, apparently, asylum seekers. The InternationalFILE PHOTO - 820 words
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Article265 2000-06-21 30 PACE ECl 4 a* 3 ECUUM 6 Accord 8 ESfUwi 13 AfrtnkM 14 AppensMp 5 AjiaOCl U frtu M Assata 8 6U 4 Austral 8 Avant 14 13 B'tang Mas 8 G,ob,i KA 7 M .n M 0 Shoo 5 7 Haniw 3 Bangiad«H 13 M BUM265 words
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Article19436 2000-06-21 37 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advartlsaf VnM Voyaga Talapftona ETA ETA Advartnar Vhs« Voyaga TaW>ona jSg* Wuniby 8IW Ooom Nut Nana Numbar Muntwr ■■■■■■MMHMMHMKWMIMnMaBHMaMHi 04/07 n/0» CSAV ISE 023N (5-*****55 To ABIDJAN (ABJ) 2003 Cot* D'I voir# 04/w 22/0* nyk ise o» u-noe] 2V0* 04/W ZIM/SatO ZIM KEELUNG19,436 words
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SHIPS IN PORT
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Article695 2000-06-21 43 Vtss«< Voy No Bftti ArrN»l 0«p«rtur« *»!»< 1420 '35 20/06/8:15 20/06/1600 OVCO JOt 20/06/9:15 20/06/1600 8*y*Mam6 *0152 J03 20/06/835 20/06/16.00 MSarSaMi MOO JOI 20/06/800 20/06/1800 *0** Frtf* 117 J02 20/04/9:15 20/06/1800 ■MM 2 nsoo J03 20/06/10:20 21/06/6:30 M Ct Mra3 moo JOI 20/06/10:10 2V06/2339 Mar JOS 20/06/9.35 21/06/200695 words
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Article1434 2000-06-21 43 RECEIVING Of EXPORT FCl CONTAINERS AND LCt CARGO Booktog/MMCt hth SMp VoyWc Ett/Btr Hrto4 Jnm To Fw MU MWtf COS nfflM IVBOO IV*J» mm iA nr.-x tonu* KVOTOC .>1 .W04W KVWOC I wo roc 20Ai» wwoo 4 20/1200 !W» 28/17*0 MMUATA 2 MM J2/UM U MN MM MM1,434 words
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Article178 2000-06-21 43 Ml Hong Kong: HK Special Administrative Region Establishment Day. XalM France: Bastille Day. Ad 15 Brunei: HM The Sultan's Birthday. Jul 17 Thailand: Buddhist Lent Day.' MM Japan: Marine Day. AagO Singapore: National Day. Aa|l2 Thailand: HM The Queen's Birthday. Aaf IB Germany: Assumption Day. Korea: Liberation Day.178 words
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Article729 2000-06-21 43 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges In US doUars instead of single prlcee for a more comprehensive description of the market Prlcee shown are based on sveragesiaed stem Market movements are indi csted The Cockett Bunker Price Index change and the729 words
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Article408 2000-06-21 43 C«Oo« HO Ma 990.5 0.7 8J 0.09 78 0.05 JmB OoMtty Mte HsMm As* AMMmi 5i—it Ho Mow £25 0 0 1 0 0 0 %M 300 Am 905.6 0.2 12.6 0.06 51 0.02 Com 300 Ha 991A 0J 17.1 0.06 99 0.05 M/I»n %W %MrfM408 words
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AIR & LAND transport
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Article, Illustration330 2000-06-21 44 The two carriers and partners Korean Air, Aeromexico to on veil new grouping tomorrow Bloomberg [ATLANTA] Delta Air Lines Inc and Air France SA will unveil their global brand tomorrow in New York with partners Korean Air Co and Aeromexico, challenging the dominanceBloomberg - 330 words
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294 2000-06-21 44 Bloomberg [ST LOUIS, Missouri] Global Airlines Corp, a company without operations led by a Los Angeles investor named Emil Bernard, said it offered to buy Trans World Airlines Inc for US$3Bl million (*****.3 million) in stock, debt securities and cash. The offer isBloomberg - 294 words
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Article, Illustration70 2000-06-21 44 [MILAN] Trucks line up for several kilometres on the 'Paulese road' that connects Milan to Crema, northern Italy during a national seven-day truckers'strike to protest against rising fuel prices, high cost of maintenance and fines levied by the European Union, which they want the government to pay. TheAP - 70 words
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360 2000-06-21 44 Reuters [GENEVA] The United States said South Korea had promised to open tenders to foreign bidders for construction not yet under way at its new Inchon International Airport. Because of the assurances and a signal that the enterpriseReuters - 360 words
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Article, Illustration726 2000-06-21 44 But airlines claim more regulation will only posh up air fares FT [LONDON] For many business travellers the scene may be all too easy to imagine: it is midnight, the flight has been delayed for five hours and the passengers are stuck in anFT; AP - 726 words
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Article1478 2000-06-21 44 grr hjcwt eta man no czaa 2045 saw* *20 MM AW230 WO M WS0741 13* ¥*****2 MM W6361 WO SOrm75 *30 SOVN176 1035 soap WO ****** MB AMtartM (L0043 0435 K***** 2255 M* ***** 640 ***** IMO S023 0645 HZ 4328 2325 t= 7= rTm ,rrri1,478 words
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Page 29 Advertisements
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Advertisement472 2000-06-21 29 fight against piracy take, some steps forward ■Page 2 Dolta-Air France global aJHance to challenge Star ■Backpage [H ATC Marine Associates. Singapore, has H been appointed the new Singapore/Asean agent for ASRY's Singapore yard effective from June 14. Specialising in shiprepair and marine spare parts representation services, ATC aiso m472 words
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Page 30 Advertisements
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Advertisement1023 2000-06-21 30 AU^ICA m MM mwtom "imcooTT 9 T jfifißßu muSd fiw wauvwfrwu; UuMOHg" looacMNM* 35 n/m n/u m/v m/v it/v u/v n/v m/v awMMMM v/u m/m m/m m/m m/m vmm/m i*m looaHwroH msv m/v m/v n/v n/v n/v u/t1 m/v m/m ran m/v m/m ir/w m/m m/m m/m am vm ooa**1,023 words
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Advertisement82 2000-06-21 30 SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPANPORT6 Mow Kong A AM China Porta ikvkwv ruyn MfH vmi vb» voy npsa mm —nHoi hawk eungo hama AIiIGATOt UNITY V.***** 2SJUW 03 JUL 04 JUI 05JUI I82 words
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Advertisement667 2000-06-21 30 Unes services represented by Membersof ihe Regiiiryof Members of ibe w||jjpW Accredited Shipping Agents, Logistics Snggpore Shipping Association Association g ULY UNI MALI I wssa I n» m 1 m I r.KUNG SPOtf MALI 1 P""CH lity VO4OO 26/06 27/06 05/07 j I Empress Lily VO6OO 12/07 13/07 j 20/07667 words
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Page 31 Advertisements
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Advertisement1215 2000-06-21 31 TO EUROPE FROM EUROPE Ivtssa vot sm nw ajm ham wv sou fit ia |[vcsa vot I tra ani ham my sou ftt uh sm MM* S34W 13/ M 0/07 11/07 M/ 07 15/07 IHMKS Mil 4/0* Jl/05 1/0* 10/0S H/M HYDUU 315W M/M 14/07 15/07 10/07 M/ 07 HY1,215 words
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Advertisement1730 2000-06-21 31 @HANJIN SHIPPING iikPl -Srf» 737W30 HI; lIP tw>i a» *****86 7CT23S 7V SALES *****74 731 OOCUMBT *****71 274 OPBAIWS *****50 ?51 MAUI UK *****5S fU S3tl 14S OR **********0 M TO NW USA CANADA USA fDt sa mI« m oi pS m —Fn mm m m m m m HIKAMM*GOSSf1,730 words
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Advertisement394 2000-06-21 31 rasa voy sw _tkg_ _vot_ _s»_ kg el usa rus rasa wt m «t sb WWMMWgg 0435 23/ M 30/ M 04/B7 OS/B7 I— jj AOUUT _033_ 24/94 9M_ 3M* PBQMttS jj~- g/W Tm bombs oois ti/% n/tj w/B7 HP ffITTBiT MBS BfiH UlTtHWiamW OPTS ?S/0t 77/Dt oow nM una394 words
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Advertisement1408 2000-06-21 32 DSR-SENATOR LINES TO UK/CONTINENT TOMEDITORRANEAN^CANADA vtssa wr w La ntm ami ham ww fu ¥EMa vot sm on tn ros wx mtb HAHJM NEWYOM (WW ON 11(7 17.17 13.17 14.(7 1317 LOMDOM SEMATON (MAW 22 M Mr 11(7 13(7 11.(7 2217 CHOTAHG ALPHA MI2W 27 M 14.(7 11(7 1717 1(.(71,408 words
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Advertisement800 2000-06-21 32 rn. amMAR-HELS S'PIIRF M'Slfl (TTTTTj Curter MN CONTVt LINES, MC p. guoanq: (0t)*****26 l~lv/\~ 1 OmmomttmTWmmm 880: (064) *****9 MAMLA (632)*****24 PEMAWQ; (04) *****36 BANGKOK: (662) *****57 SURABAYA (31) *****11 P. MELANQ: (03) *****77 JKT. (21)*****46 KUCHWQ (062) *****1-3 MANILA MANZANILLO/VALPARAISO MV "TIGER ARROW" V.795 MV "EUROPEAN EXPRESS" V.EUOOIN ETA800 words
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Advertisement670 2000-06-21 32 EXPRESS CONTAINER FEEDER FOR N.SHBft (CFS MUUMO. MUIMALCOLOMH ALSO ACCEPTMG TO Mi. NORTHERN AM) WESTERN LC.O. POMTI Vmal S POKE N SHEVA COLOHM P KLANC CAPE CREUS VIBBW 25 JUN MJUL SI JUL 14 JUL CAPE CANAVERAL V.125W 82 JUL 11 JUL 1S JUL >1 JUL TULSIOAS V. 127 MJUL670 words
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Page 33 Advertisements
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Advertisement1692 2000-06-21 33 IVISSR VOY HKO KHH SM PKL T~DXi BA |~DAM [""Sk MAN &ATTARI PCI-159 16/06 10/06 23/06 24/06 02/07 03/07 05/07 07/07 WAN BAAKEBI PCI-160 23/06 25/06 30/06 01/07 09/07 10/07 12/07 14/07 WAN HCSABI PCI-161 30/06 02/07 07/07 00/07 16/07 17/07 19/07 21/07 WAN SHAH9YAR PCL-162 07/07 09/07 14/07 13/071,692 words
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Advertisement1020 2000-06-21 33 jA9* wßmJtKßßki' dr MKSCT TO COtPIO I M S MVS I EYt VY WIMCStAT J I CaWALACBIISW smwtl: SO ROtINSON RD HL 226 1900 FAX: *****04 OUTWARD (1/1) ta TTo3o^o!!o«oS? ,M,,M 8,l, m ITD SAIIS/lAGS *****57/43 INWARD OCPT (0/0) *****15 COSTAR AGENCIES (M) SMI Mi [jINftjITtTWOOOM SIN6APORIO6IOW CONVENTIONAL *****01/150 T/SHPMT1,020 words
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Advertisement623 2000-06-21 33 IXPOCT IMPORT I vtsss Ivor Im I h lom |*cw cmoob vosa I Hi qm I m m—n fw» 2m!& iffi* v/u HZ :S:^:^:^ssssSig=#^^-j4B- ucpqet impost rasa Iww m urn m *ssa [wr I w w m bhu, se gg ■I IMB— ISX— M/ 17 2ZZH TLO! 11/17— MIHMI— «1»623 words
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Advertisement486 2000-06-21 34 EXPORT I VBSa/VOTM( n» I ROM |WG TNP 1 ZEE ANW INV I maiYMMU -wWWW IM7 ~w~| EPeX)TIWM)I4 01/07 11/87 nD7 7V07 24/07 g L OEYfIOP MMII 7 flt/117 27/07 71/07 31/B7 OMM 07/tt 1 /USO ACCEPTMG CARGO TO ANO FRORb- MAW, OQMURR, SWBO, RUSSIA IXPOtT vEsa/voTAa Isgp 100 Ivu486 words
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Advertisement345 2000-06-21 34 ■XPORT VTSSa VOYAGE SOP CM OW JRA AMI DRW lAN KM NXV MSNE HOT 2V04- 04/07 05/07 07/07- IMAOMJT 041W21W 74/04 30/04 OVO7 04/07 O/fO UN ASSURE 0130-011W 27/04 01/07 07/07 07/07 10/07 12/07 YNHE OI7WI 3M4- 11/07 15/07 UNASME 0414-023* 03/07 07/07 12/07 13/07 14/07 IMANG& 0131-02SW 04/07 01/07345 words
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Advertisement504 2000-06-21 34 rjgjgsPll PACIFIC INTERNATIONAL UNES (PTE) LTD A SESSff Ih 140 Cacfl Street, #03-00 PIL Butdrtg, Singapore *****0. CR NO: *****67fi""ry WTme La" foi mc MM Iggyyigti i :■> 5 «ft ft flCl I Ivissa vor sm cm am 5 mu ino am rzu iil ui i If I 18 I504 words
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Advertisement348 2000-06-21 34 M TELOK BLANGAH ROM) #92-92 OTPORT CBfTIK STONE 9MK9 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR WO. **********0W *ssa wor. re eid OBimaw mabukwa mem t\mnm nmnm MUMMcm. mum ■mum nnm ztmtm jmum pontunm masukwa 2um nmnm wmitm palemmk«l mum UMMU MAM SM7OM 9M7/MM PONTVMMK For nsatriM348 words
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Advertisement369 2000-06-21 35 BSA il mm MYANMA wBBk FIVE STAR UNE W (Myo«»or Notiosoi Um) W Loading f«r Yh|n vissa vor sa m rm rati MAWIAMYME WW SU> SAGAING 40W 20/ M MALAYSIA AGENTS: OOUSTEAD SMfPWG AGfNCES (IL TH (03)*****00 PRL TU (03)37*4101 POt TH (04) *****0} P«fc TH. (07)*****21/4 BANK LINE (A369 words
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Advertisement1367 2000-06-21 35 MAfhW* HYUNDAI MERCHANT MARINE CO., LTD. vcsa voy jail sou I i» I rtrH ant I han Imv I vtssa I voy sou I i» I ra I ant I ha« Imy Ism NT COMOMOMI 324W 22/04 10/07 15/07 12/07 13/07 IMAMS 541! 14/05 03/04 31/05 01/04 22/04 MM 534W1,367 words
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Advertisement705 2000-06-21 35 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA *0«0 HEAVY LIFT SERVICE" Ivtssa vor tw height sin 10c mao mu sav ial otf mrc new moo tapkxa AMOI3 4001 m* 6JM »»otT 19/07 27/07 "*7oT oT7oT Woo" m7oT *7oT "io7oi~ 7T70T~ TAMPA AMOU 4001 ms 6.3* 10/07 09/01 17/01 20/01705 words
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Advertisement1699 2000-06-21 36 IgSaWßMnllßl^ KAWQKOKyMAP TA PHUT/lAEM CHAAAItO JS&a vox m Mi mip i£M vtssa vor sm *r rm -mihum som i«rt 21/04 tfiWlk UK m 3SZSZZ MAHKJIHUM" 470* tan 24/04 25/04 IQUdUM Liffil OAK ZiM BE ZmZ~m~ m j£= ffISU —«l —ffr JBUHC: Hili Z&Sft a/o* n/M BC ~~ftj ffifi ffi S==S=S=is=3EiS=1,699 words
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Advertisement9 2000-06-21 37 ol| rn Port of Tanjung Pelepas RELIABLE EFFICIENT ADVANCED9 words
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Advertisement55 2000-06-21 39 *?vS ,na YANGON See Page 5 Daily See Page 14 COSTAR SHIPPING PTE LTD EAGLE CORPN. (PTE) LTD weekly container FEEDER SERVICE TO Lfgfj Singapore Pte Ltd BANGKOK, Providing You With More HO CHI MINH Than 90 Direct Ports of Call j urn j Q p a ge 13 Page55 words
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Page 40 Advertisements
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Advertisement70 2000-06-21 40 (ROM: U.S. lost Coast Gulf Ports, Aleiandtio, Port Sudan. 3-WEEKIY lASH LINER SERVICE TO' Karachi Jamnaqa, Bombay Co<hm Mod,aS o Visakhapotnam Npw o eonv Mob(|e Ho(n)on Calcutta to i port- Port Kt-lonq, B»'lawan Padanq u l l j Jambi. Ponjanq.Jakarta, Semafanq, Surobaya, Phuket WIfWU Of? eaa City i 1 SJBBjH70 words
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Advertisement33 2000-06-21 40 •I SINOKOR MERCHANT ib— I MARINE CO LTD btMM4sitTvmi/"u teMMeuu i-—«= N^ur 1 FARWIDE SNIPPING AGENCIES PTE LTD EXPORT fctni-Mtt(SUM«) F«: m-1514 CT: CHOTAM6 HI: K)«T KLAMC USW: ULSAN PUS: PUSAM KWT: KWANGUN633 words
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Advertisement49 2000-06-21 40 SHIPPING •WAREHOUSING Singapore Loading Daily Man to Sal (BATAMINDOI/mi Accepting Lift Cmfo Reefer Cortamer BMaa: Singapore Loading Man, >Wed ft fti (BATAMINLX) U) Aaxpng ft Heavy Lift Cago Uk 227 0322 Fax: 222 9130 Utmmmdc Tllpf lii| 4 Wm+niti Pta ltd Ik >—< Im)1 h|» Ciiliii HI-SI T>n i' WW49 words
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Advertisement917 2000-06-21 41 SAMUDERA SHIPPING LINE LTD 72 Aihi iNd, #04-01 03, th W in 07*911 MAM UM/OUTWAMc 532 Mi MWAKD (MO): 437 23M MPOOT STATUS (040): 43/ 2371 MVDfTOtT (MO): 437 2420 WafetiU htlp://www.Mav4«r«.<OM CI MO. 1M*****000N (Celia/Jss»ka/Msi Chon/Jetlynn/Doro/Yvonnc/Hanim) ES9KS3B3H 8 slgs/weekly mhimwifmeim ssigs/weekly WW SM UM Ivtssa I VOY I SM917 words
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Advertisement715 2000-06-21 41 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO Irygl «H|MT| su»|iiw|fPc[c«>|KXW|HM[>m |0»| I maummjask—waLJiM.ii/SLjmLjy9iHHLMISLJUSL i*/OO to/OO 21/00 um 20/00 M/W g(L y P /W K/W mM-IiIMHULIiJTI 71/W 2Q/00 02/10 Oi/lOlXltm Ihowmptm/omi MZW__WZf> 01/00 03/00 13/00 00/w 70/00 73/00 70/10 23/10 24/10 27/10 31/10 >5/11 00/n PICG >AA SJNGAJ"OB£ ACCEPIMG MtAtCRUU715 words
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Advertisement175 2000-06-21 41 «sa wr eupqi day tor rasa wr OMASUM ***** 71/* *H) 71 Ml 72/fc fflU UNA9AII ?13tS WH Ml 713 M 23/W RB DMASMKI 7137S 74/04 SAJ 71V* 74/04 SAT UNA 9*ll 713E 7S/t* 51 TiSi" 2k/M MOM omusmii nST a/9* in 7ijw v/% tue ■unasmi iuiT n/% ""*§> 7i4ii~175 words
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Advertisement564 2000-06-21 41 ItffSß, EN€ UEE SHIPPING CO PTE IIDI I Ml 533M75 It Um4 Hmx SUMM/S)HtM I 1 X ISIHMIIIK I msa VOY SMETA SMETB DCSTMAJWd Um»S»B 7/00 20/04 21/04 guv UmS»32 5/00 21/04 21/04 ttak noo 21/04 21/04 Own/f tau/Toonq Sto 23 VOO 22/04 22/04 Bomanxsj- fomon; 0-Dwo IIOG 23/04 24/06564 words
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Advertisement588 2000-06-21 42 I VESSEL VOY SIN MAA SIN 1 TIGER STAR 81 ON 29-02/07 07 O&Q7 I TIGER RHYTHM 811N 27-28/06 03-0807 11-12/07 I TIGER BRIDGE 812N 30-01/07 06-09/07 14-15/07 I TIGER METRO 813N 04-05/07 10-13/07 18-19(07 I TIGER STAR 814N 07-00/07 13-16*07 21-2207 I TIGER RHYTHM 815N 11-12/07 17-2007 25-2607 Ivesse^^^^VO^^Sl^^ca^^SlJ^^l588 words
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Advertisement1015 2000-06-21 42 FREIGHT LINKS EXPRESS I e *****11 Fax: *****77 E-mail: flesin9singnot.com.sg DIRECT CONSOLIDATION SERVICE TO •SAN JUAN, PUERTO RICO SANTO -PIREAUS RIO DE JANIERO VALPARAISO *NEW DELHI (Patparganj) DUBUN ALEXANDRIA BANGALORE •LA HAVANA (HAVANA) IZMIR COCHIN •SANTO DOMINGO ISTANBUL BUENOS AIRES FOR BOOKING: *****51/3/6/60/61/62/67/68/69/79 PROJECT SHIPMENT HEAVYLIFT CARGO Lawrence Lim *****781,015 words
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Advertisement1123 2000-06-21 42 For booking I empty cat *****50 /jJV btt r 4Jy USA/CANADA m 01 mbi Stc hou I laacd mem Sn iiou cm ia w OOd AMflttCA *****S MPT 07/07 12/07 13/07 1 3/07 1 2/07 I OOQ (AUKMA 45W522 30/05 31/0$ 01/ D* 02/0* 07/0* 25/0* OOaUUKMA4*ES2t 2M* 14/07 It/071,123 words
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Page 43 Miscellaneous
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Miscellaneous119 2000-06-21 43 LEGEND: Issued by Meteorological Service Singapore (<I Thunderstorm A Showers Temperature direction and speed In knots Cloudy Day Woather Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j Sli 9 f > K1 2m -'—•One hall fleche represents 5 knots119 words
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