The Business Times, 20 April 2002
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2002-04-20
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The Business Times
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697 2002-04-20 1 R Sivanithy - K notes KepCorp's admission of judgment error and promise that such lapses won't recur Byl R Sivanithy [SINGAPORE] The Singapore Exchange (SGX) yesterday reprimanded Keppel Telecommunication Transportation (Keppel T&T) publicly for poor disclosure, but said in a separate statement that no action697 words
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Article, Illustration1337 2002-04-20 1 quak hiang whai - SATURDAY SOAP B0 X The world's most populous nations, China and India, are back lit tin growth loop. This spells trouble for Asia's tigera quak hiang whai IN a move to "streamline and integrate" its Asia-Pacific operations, Europe's largest electronics maker, Philips Electronics, recently decided to1,337 words
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Article, Illustration786 2002-04-20 1 Siow Li Sen - They'll outperform over2yrs:CLSA chief economist By Siow Li Sen [SINGAPORE] Asian stockmarkets will outperform significantly over the next two years, driven by shifting consumption patterns and "consumer sovereignty" where the market determines where investment goes. Investors should be increasing their exposure in these markets786 words
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827 2002-04-20 1 Anna Teo - IDEAglobalalso thinks Special Acct rates may be raised Bi/j Anna Teo [SINGAPORE] Singapore has become an "overhoused" society, economists say. They expect the Central Provident Fund scheme now effectively a property financing tool for many Singaporeans to be overhauled and restored as827 words
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Page 1 Advertisements
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Advertisement7 2002-04-20 1 aHHnnE m Harvey Nichols comes to town.7 words
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Advertisement25 2002-04-20 1 H profit may top $200m.MK4 g'gfWpgp I lilj, Zkf (i jllte GAME WILL GET TOUGHER FOR PTP Shipping lilies |M<»|\ hex miml li;nnilini»'rluiru'cs. I n25 words
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Advertisement19 2002-04-20 1 MHH MOTORING in the beginning, there was a sidecar. The origins of Jaguar, Nissan and other automakers. PAGE 919 words
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Advertisement12 2002-04-20 1 *****1 8"*****1 If 3oooo7 l p»~—■ Imreetment management a/ crossroads, Pg 512 words
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next page
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Article, Illustration639 2002-04-20 2 r sivanithy - MARKET RE VIE W r sivanithy CONSPIRACY theorists would have been in their element this week. Not only did the Straits Times Index behave exactly as they would have expected, there was also the astonishing performance of the latest IPO, water treatment firm Dayen639 words
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Article76 2002-04-20 2 sn 1,730*2 (-16.72) mm 72SJt§ (-3.95) ST MDEX nmjRCS 1,***** (-18.00) n sawsci FUTURES mm hmj&o (-3.10) Friday Change KLSECOMP ***** +11.12 NIKKEI 225 _11,***** -6172 HANG SENG _*****.18 +3503 SET INDEX 386J) 1 -0.97 JAKARTA COMP _S32.78 106 MANILA COUP .1,***** -0.42 TAIPEI WPI 1448.12 +6011 SEOUL COMP76 words
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Article70 2002-04-20 2 FOREX RATES us* t$ US$ (S$ per US$) 1.822 £(I"SS/S$ per 1.448 1637 EURO(US$/SS/E) 0.891 1.622 DM 2216 1117 YEN 1302 71.50 RM 3.800 2.086 HKS 7.800 4181 BAHT 4130 2177 Rl'PlAH 9,156 5,136 HOME RATES SINGAPORE* 5i& KUALA LUMPUR 640 HONG KONG 5128 JAKARTA 39.00 TAiPH 6 72870 words
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Article, Illustration441 2002-04-20 2 Shoeb Kagda - Analysts concerned frequentchanges wil hamper agency's asset sale plans From Shoeb Kagda in Jakarta CAREER bureaucrat Syafruddln Tumenggung was yesterday appointed head of the powerful Indonesian Bank Restructuring Agency (Ibra), replacing I Putu Gde Ary Suta in a move long anticipated441 words
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Article, Illustration1027 2002-04-20 2 Catherine Ong - RcmisMfs stty integral to onfine, offline basinets By\ Catherine Ong THE remisier fracas at DBS Vickers Securities has highlighted the fundamental difference between its business model for online trading and the approach taken by the rest of the stockbroking industry. Directors of rival firms sayFILE PHOTO - 1,027 words
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244 2002-04-20 2 R Sivanithy - Reason could be the slock is tightly Md By R Sivanithy [SINGAPORE] The buying-in by the Singapore Exchange (SGX) of short-sold positions taken on Monday in Dayen International had dealers surprised only two million shares were bought compared with 52 million traded on Monday. One244 words
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in focus
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Article, Illustration1390 2002-04-20 3 DONALD URQUHART, BETH JINKS - The next crossover from PSA port won't come easy as shipping lines look beyond lower handling charges. DONALD URQUHART and BETH JINKS report DONALD URQUHART, BETH JINKS rSINGAPOREI SHIPPING lines are watching closely the number of new berths being built by Malaysia's new Port1,390 words
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Article, Illustration302 2002-04-20 4 Andrea Tan - Staff wage arts of between 2.5% and 7% may see at least a partial restoration By Andrea Tan SINGAPORE Airlines (SIA) yesterday gave its strongest hint yet that net profit for the year ended March 2002 could come in above $200FILE PHOTO - 302 words
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388 2002-04-20 4 Harish Mehta - DBS Thai Dim sees smal profit rise; UO6 Radanasin Bank Barrows loss From Harish Mehta in Bangkok IN A sign that the worst is behind for the two Singa-pore-owned banks in Thailand, DBS Thai Danu Bank yesterday reported a small profit rise for the388 words
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284 2002-04-20 4 David Boey - By David Boey SEMBCORP Industries said yesterday that it will book an exceptional gain of $23 million from the sale of its remaining 20 per cent stake in the Singapore Technologies stablemate, Singapore Computer Systems (SCS). The ma in284 words
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550 2002-04-20 4 David Boey - But it reckons industry is recovering with orders accelerating in segments By] David Boey CHARTERED Semiconductor Manufacturing remains mired in losses for its fifth straight quarter, but said the electronics sector has turned the corner and orders were accelerating. The group yesterday reported550 words
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296 2002-04-20 4 David Boey - By] David Boey HIGHER oil prices will not have any impact on Chartered Semiconductor Manufacturing's sales, even though they could dampen the global economic recovery, the company said. "There's no direct impact," chief financial officer and chief administrative officer Chia Song296 words
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Article, Illustration330 2002-04-20 4 Anna Teo - EYE 0 N THE ECONOMY By Anna Teo DESPITE the downturn last year, about half of Singapore employees said morale at work was "generally high". But, in line with the economic slowdown, sentiment had slid for a second year. In 1999, asSource: ISP - 330 words
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256 2002-04-20 4 Angela Tan - Move affected oniy IT, admin and newspaper senfices divisions By Angela Tan SINGAPORE Press Holdings yesterday retrenched 65 employees following the consolidation of its operations in its new headquarters in Toa Payoh North. The media group previously operated at two locations at256 words
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IN BRIEF
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116 2002-04-20 4 Dow Jones Newswires ROLY International will list wholly-owned Linmark Group on the Stock Rrrhanyp of H«ig Kong month, after getting shareholders' approval. It will issue up to 179.4 million Linmark shares, comprising 31.2 million vendor shares and 148.2 million new shares.Dow Jones Newswires - 116 words
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76 2002-04-20 4 Reuters ST Engineering said subsidiary Singapore Technologies Aerospace had agreed to buy a US aircraft maintenance company for US$l4.2 million. ST Aero, through Vision Technologies Aerospace, was the top bidder for the assets of Dee Howard Aircraft Maintenance based at the SanReuters - 76 words
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80 2002-04-20 4 ST Engineering said yesterday that scandal-ridden accounting firm Andersen will cease to be its external auditor. Andersen's resignation was prompted by the planned merger between its Singapore branch and rival firm Ernst A Young, ST Engg said. It said it is reviewing the80 words
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41 2002-04-20 4 THE taxman yesterday said or ane-in-two taxpayers e-filed their returns this year. T>»«t year, 694,136e-fited. The Inland Revenue Authority of Singapore said it aims to have 80 per cent of taxpayers e-filing in three years' time.41 words
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192 2002-04-20 4 Grace Tan - Byi Grace Tan SINGAPORE'S market for e-learning products and services will be worth US$62 million by 2005, up almost seven-fold from last year's US$9 million, according to a new report from the Infocomm Development Authority of Singapore (IDA). Of the total,192 words
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Article, Illustration345 2002-04-20 4 Tang Weng Fai - Snbcribers can now exchange data with other whße networks abroad By' Tang Weng Fai SINGAPORE Telecom yesterday launched a roaming service for its 30,000 GPRS (general packet radio service) users, allowing them to use their handsets to exchange data with other mobile networksFILE PHOTO - 345 words
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417 2002-04-20 5 Vince Chong - It wS tea test-bed as S'pore seeks to encourage tetter buildiiig designs By i Vince Chong CLEMENCEAU Avenue will be a test-bed for designer streets with chic commercial buildings as Singapore looks to encourage better building designs This was revealed by National Development Minister Mah417 words
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271 2002-04-20 5 Siow Li Sen - Need to broaden fund management expertise: GIC MD By Siow Li Sen SINGAPORE'S investment management industry is at a juncture where it can develop to become the leading centre in Asia for private banking, wealth and asset management. To get there, there must271 words
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211 2002-04-20 5 Vince Chong - By Vince Chong DBS Bank yesterday said that it was putting in place a formal appraisal system for its board of directors. A DBS spokesperson said: "DBS has always placed a premium on good corporate governance and is constantly looking at ways to further push211 words
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372 2002-04-20 6 TW wte of bo cowfldete Is over to Mure to ewsre fair retann mi «j»li Reuters [KUALA LUMPUR] Malaysian trade unions representing 750,000 workers demanded yesterday that the investment panel of the country's biggest pension fund resign, after it paid its lowestReuters - 372 words
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256 2002-04-20 6 Harish Mehta - From Harish Mehta in Bangkok THAI banks yesterday reported better than expected net profits in the first quarter, generating a mood of optimism, and raising hopes the financial sector was turning the corner. At the same time, loans extended by the major banks256 words
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259 2002-04-20 6 Dow Jones Newswires [KUALA LUMPUR] Malaysia's largest newspaper publisher, the New Straits Times Press Bhd (NSTP), intends to cease publishing the Malaysian Business Times, the country's only business daily. According to senior group executives, the move, to be announced to staff onDow Jones Newswires - 259 words
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163 2002-04-20 6 Dow Jones Newswires [SINGAPORE] In line with an auspicious date in Chinese, three suppliers submitted on Wednesday to provide three million tonnes a year of liquifled natural gas to China, a China-based industry official said yesterday. April 17 is a highly auspicious date forDow Jones Newswires - 163 words
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Article, Illustration590 2002-04-20 6 Reuters [KUALA LUMPUR] Malay sian tycoon Tajudin Ramli is likely to meet the state asset manager's deadline next week to repay RMI3O million (5562.3 million), according to sources in his telecom company Technology Resources Industries (TRI). Predators are eyeing TRI, waiting for theReuters; NSTP - 590 words
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526 2002-04-20 6 With higher lom rccovenc*, pn»Monfal23% Bloomberg [KUALA LUMPUR] Hong Leong Bank Bhd said that third-quarter profit rose 11 per cent after Malaysia's sixth-biggest lender set aside less money to cover bad loans. Net income in the three months to March 31 rose toBloomberg - 526 words
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208 2002-04-20 6 Bloomberg [MANILA] Hie Philippine Securities and Exchange Commission plans next week to post on its website a list of people charged with involvement in the nation's biggest stock-manipulation case. The list could include more than 100 people, mostly stockbrokers, against whom the authorities haveBloomberg - 208 words
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208 2002-04-20 6 Dow Jones Newswires [SINGAPORE] Gulf Indonesia Resources Ltd expects to start delivering gas to Indonesia's Batam by the fourth quarter of 2003, upon the completion of a gas pipeline linking South Sumatra to Singapore, a senior company executive said here late onDow Jones Newswires - 208 words
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NOTE BOOK
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79 2002-04-20 6 Reuters [KUALA LUMPUR] Malaysia's key stock index rallied to a 20-month high yesterday, pining 1.4 per cent toend Just shy of 800 points as tnrsstrsiliel Iks markers winning streak would continue for sons time yet Tlie benchmark Composite Index ended op 11.12 points st 796.85,Reuters - 79 words
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90 2002-04-20 6 Bloomberg [KUALA LUMPUR] Genting Bhd shares rose to s 2&-manth high sftersnalystsbst the Malaysian casino, hotel and power company will post better-than-expected profit this year, as mors tourists visit its hotels and casino. The stock roes 80 sen. or ft.l per cent to RMI&SO, itsBloomberg - 90 words
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Article75 2002-04-20 6 Reuters [JAKARTA] Indonesian Mines and Energy Minister PuraomoYusgiantoro win visit to discuss oil imports from Iraq, a ministry official said yesterday. An official of oil company Pertsmina said the firm badly needs Iraq's Basra Light to toed its Cilacap refinery in Central Java. Iraq, which exportsReuters - 75 words
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91 2002-04-20 6 Bloomberg [HONG KONG] Walt Disney Co, which is building a USSL9 billion theme park in Hong Kong, is in talks to buiM a park in China, said Don Robinson, the lead project manager for the Hong Kong perk. The company is talking toBloomberg - 91 words
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111 2002-04-20 6 Reuters [KUALA LUMPUR] Malaysian companies are expected to more than double their raiting of ftmds in the local stock and bond markets over the next decade, a government economics adviser said yesterday "Total investment spending is expected to increase in the next 10Reuters - 111 words
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75 2002-04-20 6 Reuters [JAKARTA! Indonaalan Pinancp MUtlfT yesterday said the government did not want to seek another debt rescheduling with the Parte CUb of official creditors aftar securing a US$6.4 btßkn dsal last week. Speaking in an iuteif is w, Mr Boedkmo said Indonesia would also needReuters - 75 words
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OTHFR RESULTS
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101 2002-04-20 7 Bloomberg [SEOUL] Samsung Electronics' first quarter profit surged 58 per cent to a record on higher sales of mobile phones and a gain of more than half in the price of computer memory chips. Net income rose to 1.9 trillion won (552.6Bloomberg - 101 words
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Article90 2002-04-20 7 NYT [NEW YORK] Compaq Computer posted a ailm first quarto-profit on Thursday despite a sharp drop in revenue. In what its executives called probably their last earnings call before the closing of their acquisition by Hewlett-Packard, Compaq reported a profit of US$44 million, or 3NYT - 90 words
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67 2002-04-20 7 Reuters [TOKYO] Office equipment and camera maker Canon Inc earned a group pre-tax profit of about 62 billion yen (SsB62 million), exceeding a forecast of 47 billion yen, aided by strength in copiers and cameras, Jiji news agency said yesterday. The company also raisedReuters - 67 words
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78 2002-04-20 7 Bloomberg [PALO ALTO, California] Sim Microsystems, whose servers run corporate networks and websites, had a fiscal third quarter loss as sates slid. The company plans to reduce its workforce by 1,000. The loss was US$37 million, or one cent a share, compared withBloomberg - 78 words
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Article92 2002-04-20 7 Bloomberg [SAN JOSE, California] Net income at EBay Inc, the world's biggest Internet auctioneer, more than doubled in the first quarter to U5547.6 million on lower-than-fbrecast sales as the number of transactions increased. The company said its advertising sales declined and foiled to raiseBloomberg - 92 words
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88 2002-04-20 7 Dow Jones Newswires [POWAY, California] Gateway Inc reported a much narrower first quarter loss. Gateway had a net loss of US$l2&2 milliaß, or 99 cents a share, including preferred stock dividends, compared with a year-earlier loss of U*****.9 million, or UStLSSa share. Exdodinc chargesDow Jones Newswires - 88 words
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Article53 2002-04-20 7 Reuters [DENVER] Voice and data services company Qwest Communications will cut 2400 jobs and warned its first quarter and fttU-year 2002 results will fell below expectations due to slack demand and the weak economy. Qwest has cut its growth outlook several times in the pestReuters - 53 words
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531 2002-04-20 7 Leon Hadar - Cheerful mood is a contrast to the gloom in autumn 2001 Prom\ Leon Hadar in Washington TOP finance officials from the world's largest industrialised countries are meeting over the weekend in Washington, and are expected to focus their attention on the growing signs531 words
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109 2002-04-20 7 AP [NEW YORK] Former Sotheby's chairman A Alfred Taubman is a greedy criminal who deserves three years in prison for his pricefixing conviction, prosecutors argued. But his attorneys painted the 78-year-old as an "extraordinary citizen" of frail health, enlisting supporters from former President GeraldAP - 109 words
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114 2002-04-20 7 Bloomberg Reuters [LONDON] Allied Irish Banks said yesterday the chairman of its US unit Allfirst will retire early from the boards of both the parent and subsidiary. A trader at Allfirst cost Allied Irish US$69l million in foreign currency losses. Allfirst chairman Frank Bramble, whoBloomberg; Reuters - 114 words
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311 2002-04-20 7 K sees EPS of 49 US* dropping to 41-42 USc in Q4 Reuters [SEATTLEJ Microsoft Corp on Thursday reported a 12 per cent rise in quarterly net profit, but weaker-than-expected sales and a cautious outlook left investors scurrying for cover. Microsoft postedReuters - 311 words
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Article, Illustration325 2002-04-20 7 AFP Bloomberg [TOKYO] Japan's top telecommunications firm Nippon Telegraph and Telephone Corp yesterday it would cut 17,000 jobs or 7.8 per cent of its workforce, and reduce capital investment by US$3 billion over three years. As part of a three-year businessAFP; Bloomberg - 325 words
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399 2002-04-20 8 Investment firm declines to puf US$lOO million as part of a settlement after regulatory probe Reuters NYT [NEW YORK] Merrill Lynch Co has been singled out as Wall Street's bad boy in a widening regulatory probe of biased and overly bullishReuters; NYT - 399 words
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163 2002-04-20 8 Bloomberg [WASHINGTON] A bill forcing companies to treat employee stock options as an expense or lose hundreds of millions of dollars in tax breaks would have "devastating consequences", the president of the National Venture Capital Association said. "The likely result in most cases is theBloomberg - 163 words
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434 2002-04-20 8 No deal reached in obstruction of Jaslice case Reuters [HOUSTON] Talks between auditor Arthur Andersen and the US Justice Department broke off on Thursday without a deal on an obstruction of justice charge, casting greater doubt on the accounting firm's chances of survivingReuters - 434 words
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Article, Illustration224 2002-04-20 8 Bloomberg [WASHINGTON] Stock analysts shouldn't be prohibited from owning stocks they recommend because it's not always a conflict of interest, Securities and Exchange Commission chairman Harvey Pitt said. "If an analyst has his own life savings at risk for securities he'sBloomberg; FILE PHOTO - 224 words
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250 2002-04-20 8 Reuters [NEW YORK] Big Five accounting firm KPMG LLP on Thursday promoted veteran Eugene O'Kelly to chairman and chief executive, ahead of schedule, amid a period of turmoil and far-reaching changes in the industry. Mr O'Kelly, 50, a vicechairman at the firm's financialReuters - 250 words
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Article2781 2002-04-20 3 UNIT TRUSTS FUNDS AMI Amro Am) Mgt (S'pore) Star Europe Eqtyl* 0806/ Star Europe Id 0.972/ StarEwopeM 0J88T Star Asian Tigar Eqty 0 862/ Star Alia Bond 1.263/ Star Asia Balanced a 90V Star Globe! Technology Fund!" 0.2* Star Bhv Finance Japan Fundi** 0 7W Star Asia BoncKUSO) 0.691/ AB2,781 words
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Article2647 2002-04-20 5 Transaction date: Apr 19 for live prices, log on to liwwijasicumemarketsjcom ~-rr a a .Tu.ays.-t B-a-a t ABNAmroNLGSEc 9 H W ia «c C tS. t S n ni 2 20c 175 -1 13 "3 "5 ITS 145 0.7 0.7 29J 173 18 t J45 unch ***** 24.52,647 words
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Article37 2002-04-20 5 ■y- a -r-am.-t a*t g-a^a 'JS5:!S5Si=zSSJ' W 440 J B MSG Sport US575 I I IM90 **0 i 5SAP500 _.US11MD 7S 1 UI1,2W 30 •iCTiiw IMS 172tc snrrnoo ,730 253 1753 172* 172» 1730 337 words
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Article911 2002-04-20 5 ■ff 7 f T-i a a aya. sn g'aia Si c i!?iUl?' St ,U un '*5 19 19 193 m s 5 1 2 2 s is s g 113 McteSZt' 5. 2* 26 2* 26 245 27 14 299 <17 205 "cAmfcS? «i 295 275 275 28911 words
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Article212 2002-04-20 5 M*U. JSf —5*. 0I> CftM M MCa U. raapn, m*» W- <■■»!«■ —»4r Mhr Or HI >3 IW fC AVIniqi A25c A W 101 40 34 10.1 SJ 2111 720 i M OMigKongSOcHK1710 240 6J 6.7 3 cm; 51 *> 2 7* 3J S05 1954 75.5 ii.i 2.1212 words
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Page 6 Advertisements
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Advertisement21 2002-04-20 6 Lianhe Zaobao I I China's I I finance I I industry I I faces I I real I I threats I21 words
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Article4505 2002-04-20 7 Transaction date: Apr 19 for more, go to wwwja&jaanermiarketsjxmi HONG KONG M m w- t» AirrwWiMiOiimfc—025 unch 0 Afche General 0.04 i«h 6050 LOO mti 4262 AnandeUifogOn 005 mil ***** Angara New Steal H 120 -001 6766 Anhui Conch K 245 unch 2676 Arhut {M uwi) H 14,505 words
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Page 8 Advertisements
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Advertisement23 2002-04-20 8 BpJ^mM v j And like most dynamic executives, he chooses Streats for its quick local, foreign and business news. Prime time, prime news.23 words
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what's in style motoring
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Article, Illustration548 2002-04-20 9 Christopher Tan - Many car makers today had their origins in very different trades Reports hy Christopher Tan EVER felt your car would fly if it had wings? No? Well, it should. Some years ago, an aircraft designer built a two-seater light plane powered by a Nissan548 words
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360 2002-04-20 9 Linda Sharp - By, Linda Sharp AP IT'S only a name, but it drives me crazy when I hear someone mispronounce it I can remember the first time I ever heard the name Toyota. It was 1967, and a girl I worked with at theAP - 360 words
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Article, Illustration286 2002-04-20 9 The first MurcJeiago in Asia ex-Japa« will be arriving fay air SOMETIME next week, cargo handlers at Changi Airport will be the first in Singapore to set eyes on and perhaps touch—the all-new $1.1 million Lamborghini Murcielago. The Italian super-car, which can outpace a jetliner at286 words
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BRAVE NEW WHIRL
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130 2002-04-20 9 CYCLE Carriage has launched the Mitsubishi Airtrek—months after parallel importers started selling the all-in-one car. The multl-flinctional Airtrek is a cross between a station wagon and a sport-utility vehicle. It resembles the Subaru Forester in concept It boasts a spacious interior, with a wheelbase130 words
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Article, Illustration90 2002-04-20 9 Christopher Tan - 1.5 millionth car for MG Rover Compiled by i Christopher Tan MG ROVER has rolled off its 1 5-millionth car since production began in 1924. The milestone car is a TF 160, fitted with optional fog lamps and passenger air bag. The seats are uniquely fitted with Oxford leather seat90 words
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Page 9 Advertisements
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Advertisement122 2002-04-20 9 To •dreittoc ofl flMrce 1800 *****82 /i—U nniaHlo|j| IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ANNEX MANUFACTURING (S) PTE LTD NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap.SO that the Final Meeting of Members122 words
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Advertisement153 2002-04-20 9 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 and IN THE MATTER OF SOUTHWEALTH PTE LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the Creditors of the abovenamed Company, which is being wound up voluntarily, are required on or before 20 May 2002 send in their names and153 words
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Advertisement156 2002-04-20 9 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 and IN THE MATTER OF PATSON VIDEO A LASER PTE LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the Creditors of the abovenamed Company, which is being wound up voluntarily, are required on or before 20 May 2002 send in156 words
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Advertisement165 2002-04-20 9 JLW HOMES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HERESY GIVEN that (he Final General Meeting of the obovenomed Company will be held at 9 Raffles Place R39-00 Republic Haxa Singapore 04R619 on 20 May 2002 c* 10.00 a.m. for the following purposes 1. To165 words
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Advertisement168 2002-04-20 9 JONES LANG LASALLE PLANT AND MACHINERY PTE LTD (In |wi mwnovn oiufwory Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that (he Final General Meeting of the obovenomed Company wil be held at 9 Raffles Place #39-00 Republic Ptaxa Singapore *****9 on 20 May 2002 at 10.30 a.m. lor168 words
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Advertisement140 2002-04-20 9 IN THE MATTER Of THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF AHBA Ti PTE LTD (IN CREDITORS' VOLUNTARY WINDING UP) NOTICE IS HEREBY GIVEN THAT, purwont to Section 290 (2)(b) of the Companies Act, Cap. 50 the following SPECIAL RESOLUTION WAS DULY passed at an Extraordinary General140 words
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Advertisement68 2002-04-20 9 Sift< 19 ~5 oit ivorldwitlc st.i" *>*" over 273 professioMK ii'cul-'-q Ita>< fs ch.irtcrrd ,K.cc<<nt.int f J If rrt) Sf< rot.l'ics infl fc.vifcrrv M-.f-T pro/KK ii cou'incnti.ii .inn cost oftctt lor'iMtion in J l the rrvijor low l't is iih jd ng Iftcotporjtion Fro-, from US$5OO The world's leading F68 words
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in the money
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Article, Illustration1594 2002-04-20 10 teh hooi ling - SHOW ME THE MONEY Don't just limit your study to P*L and balance sheet numbers. Notes to accounts can be quite revealing teh hooi ling INVESTORS use accounting earnings to price stocks, because it is thought that the level and changes in earnings signal1,594 words
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Article591 2002-04-20 10 Hm tm 3mm 2L ssssscfr z&szzs yontnfnit f aw ss-Jun w-xm 20-jun JSSS f! 1SS susss r«i sjs :sa AgjcSt«c fs SMS? iosT Q*C W 224% 04-JU Cgyw" bJ 094% 144% 314% CBGorWractSc (M JMpr 2*Apr 1544ay (MwtoCMSc b 3.125TI 13-Jun 14-Jun Ot-Jul 23?£?!?5 ba 5. Jun J7,u591 words
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Article704 2002-04-20 10 Sebastian Chong - INVESTOR EDUCATION By Sebastian Chong The writer is an associate professor in finance and accounting at the NUS Business School and a committee member of the Securities Investors Association (Singapore). The views expressed are his own. SOME weeks ago, I mentioned in this704 words
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Article544 2002-04-20 10 I for week begirtmng Apr 15 Tiliifcw A 10 Dunda* Road. *06-01 2M«r »J0am t MronkMng lOJOan Win— ti A 17 Tuat Avanua 3 IMfr IJOm SnwonOMK SvW A LmI 4. Ord Room 2*A*r l Otpm SyMrn I Stanford IJOpm swu A 9 >aca*ry Road 2Mfr544 words
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665 2002-04-20 10 Teh Hooi Ling - COMPANY SPOTLIGHT Teh Hooi Ling THROUGH a number of acquisitions in the last three years, SNP has morphed into a largely different creature from Singapore National Printers, which had its origin in the Government Print Office. While printing and publishing are still665 words
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Article, Illustration36 2002-04-20 11 DBS Vickers Securities' Model Stock Portfolio Top picks for the wee A t i 7 01 16 84 1 [Flngncjgl Sfyte— 49.54 ll**gi«A Cg™rgg__ls.jo_ 1 m m> bap Tw c^*L— MonraMon pnwttdby DBSVICKERSSECURITIES Broutftoyouby BOBM* juH36 words
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Article, Illustration736 2002-04-20 11 lee han shih - CAVEAT EMP T0 R Small investors lose out as K selectively updates brokers and institutions first lee han shih AFTER losing a mind-boggling $1 billion of its market value in two hours of panic selling last November, Datacraft Asia had vowed it would736 words
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316 2002-04-20 11 Patrick Peck - By Patrick Peck The writer is a vice-president at Paris-based JCF Group JUDGING by the 45 changes 23 upgrades versus 22 downgrades the tax proposals by a subcommittee of the Economic Review Committee have had a major impact on analysts' recommendations. Companies in the property316 words
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Article, Illustration689 2002-04-20 11 Adeline Chia - Most banks alow card holders to use reward points to donate to charity By Adeline Chia FEELING guilty about all those self-indulgent credit card spendings at chic boutiques and fancy restaurants? Well, there's one way to assuage the guilt. Most credit card issuers allow689 words
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week in review
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Article, Illustration954 2002-04-20 12 For the full stories, visit http://business-times.asial.com.sg key exports contfaiue to disapfMM SINGAPORE'S key non-oil domestic exports (NODX) tumbled 17.3 per cent in March from a year ago a fall larger than analysts had expected. And this was after they had already revised down their expectations. ButFILE PHOTO - 954 words
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Article311 2002-04-20 12 Woag MM April le Getting out of no-man's-land The local market, while boasting the trappings of a developed market, isn't exactly one. A developed market has depth and breadth; the Singapore market hwa neither. The nub of the problem is this: the Singapore market has the make-up311 words
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Article2416 2002-04-20 12 Transaction date: Apr 19 KUALA LUMPUR vw w r*m A ft M Realty 1.43 -0.01 509 Abric 2.18 -0.04 421 ACPInduatrias 3.90 006 400 Advanceteiargy AM 0.03 758 Affin Holdings 0.37 -0.01 418 Ahmad Zaki Acs iOO 0.02 S9 AJCCorp 170 0-2S 234 A*bee*es. 1 j67 -004 404 AKN2,416 words
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Article540 2002-04-20 12 Transaction date: Apr 19 5—«*■*» o» q—» S*L *2 *2 5S capMund i ji mo -ojud oac io io tun -0J80 Chart SawCond 2tc 1M UK QUI O40 (JOB -OSH OtyOwSOc 2.M UIB 4M MmH& 023 0J» oiO OMh*T2k IS 2O.C00 4M 55Ttc OB TS onciB us? tun 4w540 words
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Article575 2002-04-20 12 BONDS WARRANTS I** t tam 'St rw»—» ntm %o—fop u» AsnwMOBi ao -as a t i6 3 14 2c Acmaud W*****6 J l**tl ICO 1 SO 430 133 31 AflttkWOSKIO a -1.5 254 1 13 3 145 30 AfmerongNWXOSZO 45 1 10 21 2jS7 25 A«iafoodP W*****2 AS 1 1ft575 words
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food
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Article, Illustration914 2002-04-20 13 N K YONG - Various vintners and chefs combined their talents at this year's World Gourmet Summit, to produce a commendable pairing of wine and food. N K YONG savours some combinations N K YONG FOR the second year running, Singapore's World Gourmet Summit, now in its sixth consecutiveREUTERS - 914 words
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Page 13 Advertisements
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Advertisement252 2002-04-20 13 wine&dine with weekendßT Shopping Omtn. *****41 ttwftchard Cafe, La Terrasse and WfN 1 7 Raffles Boulevard, Wntoothe famous Hainanese ChicKen Rice at n—fumnt. Surprise doof gifts Inr If Martna Square. 7*1:*****788 the Chatterbox coffeehouse. JES'SIS The North $9.50 set lunch and tts popular chicken chop. mwiottuty Affairs, among others. sSsrsr.'s.252 words
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collections/travel
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Article, Illustration1042 2002-04-20 14 CAT ONG - An 'olde' English luxury name Mulberry has been reinvented for the trendy young again. And the person behind it as cat ong finds out, is none other than Singapore's very own Christina Ong CAT ONG Cat Ong is a freelance writer MENTION Mulberry and one will1,042 words
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WATCH THIS
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Article, Illustration88 2002-04-20 14 Omega's Speedmaster—still the only watch approved for "extra-vehicular" activity in outer space has just welcomed a new addition to the collection. Inspired by the first-ever Speedmaster model, the new line uses an exclusive and completely new Omega chronograph movement. At the heart of the Speedmaster Broad Arrow88 words
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Article, Illustration95 2002-04-20 14 Officine Panerai has launched its new Luminor Marina Automatic 44mm at the recent 12th Salon International de la Haute Horlogerie in Geneva. The watch comes in a 44-millimetre steel case, with a traditional Panerai dial, small seconds dial and date window. It is water-resistant to a depth of95 words
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Article, Illustration88 2002-04-20 14 Corinno Kerk - Compiled by i Corinno Kerk Apart from watching re-runs of old James Bond films, fans ofoo7 can now relive the suave spy's exploits with Swatch's James Bond Collection. The collection is intended as a celebration of the 40th anniversary and launch of Eon Productions' 20th 007 film.88 words
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Article, Illustration935 2002-04-20 14 Geoffrey Eu - Nestflng in the foothills of Taiwan's central mountain range, the luxurious Lain resort has become the only place to stay for anyone in search of a definitive Sun Moon Lake experience By Geoffrey Eu UNDER certain climatic conditions, Sun Moon Lake Taiwan's version of heaven on earthGEOFREY EU - 935 words
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what's in style art
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Article, Illustration814 2002-04-20 15 PARVATHI NAYAR - An effort to initiate new partnerships between art galleries and artists springs from the desire to find undiscovered S'porean artists. PARVATHINAYAR takes a look PARVATHI NAYAR NEW Finds a collection of nine solos and one group show is an Art Galleries Association (AGA) of Singapore initiative814 words
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Article, Illustration328 2002-04-20 15 Cheah Ui-Hoon - By( Cheah Ui-Hoon WITH an upraised arm and a foot placed forward, the wiry human figure constrained within a helixshaped structure, is a simple yet meaningful illustration of the upwardly-mobile man of the Millennium. It is sculptor Victor Tan's third public work, gracing the courtyard ofCHRIS LOH - 328 words
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Article, Illustration937 2002-04-20 15 Transaction date: Apr 19 tflMMAMK CROSS KATBB q C r> m Ht Wm m HENM ftm n m- m 8Mt N— m 9X0 440 <U07 4JJB U97 420 50.536 0703 7.048 1053 U97 32X99 27M8 MM MM 0MIBJMZ3JN 0J73 tM J"* J£| ro OS4 3L050 91.422 0.827 MM 2JI937 words
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Page 15 Miscellaneous
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Miscellaneous268 2002-04-20 15 CKVPTIU CROSSWORD ACROSS a pause for air (2, 3, 4, 6) —I B —l B —l H K —i n —i b 1 Underwriter found wilhincer- 2 Cut favourite scrap (7) I II T I I I I I I tain radius (7) 3 Votes to hand over for con-268 words
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what's in style
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Article, Illustration965 2002-04-20 16 CHEAH UI-HOON - Make space on your kitchen shelves for Harvey Nichols' specialty foods when they arrive in S'pore later this year. And clear out some of your wardrobe too for designer accessories from the UK cheahui-hoon checks out whafs in store j CHEAH UI-HOON HIP UK retailer Harvey Nichols hasPHOTOS BY MATTHEW DONALDSON - 965 words
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Article, Illustration614 2002-04-20 16 Cheah Ui-Hoon - Cheah Ui-Hoon Alto: a couple of decades of monolithic fashion houses and big name brands, fashion Is oace again celebrating the Individual designer. And this mood is manifest in a tiny corar of the British fashion empire in accessorise like scarves and bagL "This is the era ofCHRIS LOH - 614 words
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