The Business Times, 16 November 2002

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Total Pages: 18
1 18 The Business Times
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  • Title Section
    Lock icon Masthead
    11 1 THE BUSINESS TIMES weekend c)SINGAPORE NOVEMBER 16-17. 2002 MUA (P) 010/03/2002
    11 words
  • Article, Illustration
    Lock icon Oei Hong Leong builds up his war chest
    952 1  -  He buys another 3.5 m Nat Steel shares, putting him in a better position to thwart 98 Holdings' offer By Loh Hui Yin [SINGAPORE] A head-on clash between Oei Hong Leong and 98 Holdings loomed larger yesterday, with the businessman mopping up
    952 words
  • Article
    Lock icon Wonder stocks of the 90s struggle to regain glory
    580 1  -  EXCLUSIVE For many former high-fliers, loss has been more than 90% By Teh Hooi Ling [SINGAPORE] Many of the wonder stocks of the 1990s are now trading at a fraction of their former high-fly-ing prices and are unlikely to regain their
    580 words
  • Article, Illustration
    Lock icon Is Japan being slow or street-smart about Asean?
    882 1  -  SATURDAY SOAPBOX An FTA with Asean as a bloc is impressive. But in reality, the arrangement may be too unwieldy to be practical yang razali kassim ON the flight out of Cambodia after the Asean summit last week, I asked an Asean
    882 words
  • Article, Illustration
    Lock icon Hu Jintao takes over the reins in China
    390 1 But Jiang Zemin still vevymucha power broker Reuters (BEIJING] China's Hu Jintao took the helm of the world's most populous nation yesterday, but Jiang Zemin clung to power from the shadows of retirement by stacking the Communist Party's new leadership with allies.
    Reuters; AFP  -  390 words
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  • next page
    • Article, Illustration
      Lock icon Battle of NatSteel steals the show
      639 2  -  MARKET REVIEW r sivanithy IT says a lot about the state of affairs in the local stock market these days that a battle for control of just one company NatSteel Holdings occupied as much newspaper space as it did in the past week. Such
      639 words
    • Article
      Lock icon MARKETS
      55 2 sn 1,414.S5 (+23.69) ST INDEX FUTURES 1,417.00 (+33.00) SIMSCI FUTURES 175.00 (+3.70) Ftidav I linn#KLSK«X>MI* MJix *173 MKKKI tS> JS»t» tflmfli IIAV; SKVi .SETIMlKX <73 JAKABTAIIUH'JOiHi- MANILA <**P I.Ufetit *1* TAIItCIWII L«9ft* _»*il SKUU.OW 'Unit KHKVJIKNH ISWll AIST AlJ.t'lll' IftSist HONKAY IM> AIKH9I littSI KST (IWBRf mm «H4 NASUAg
      55 words
    • Article
      Lock icon FINANCE
      64 2 FOKCX RATES uti S$ s$ (ss p»r rssi 1.70 V|l SS S$prt K| Ia7» 17H4 El I MM 1719 VKN lin? K- nu KV .1*IM 1 15* HKS 7-4M 442S HMrr CI 61 JJW Kimil PfflME RATES SIMiAPTMlK* VK Kl ALA ULUPTK H0N4iKl>NI} fi<M» .JAKARTA S»*» TAIPEI #KT. TllK>«l
      64 words
    • Article
      Lock icon Restoration of CPF cut deferred
      559 2  -  Ministvy says it will be reviewed after GDP estimates for the second quarter of 2003 are released By Ana Teo [SINGAPORE) Given the economic uncertainties, the employer's Central Provident Fund contribution rate will now stay unchanged at 16 per cent until at least the second
      559 words
    • Article
      Lock icon Move by US firms to avert new rules on stock options
      523 2  -  33 firms pledge to give quarterly details of their option plans. Fromx Jennifer Lien in Silicon Valley A GROUP of 33 high-tech-nology companies have pledged to disclose comprehensive information about their stock option plans on a quarterly basis, in
      523 words
    • Article
      Lock icon DBS acted on its own, not under Temasek's influence
      471 2 TAKEOVER BATTLE FOR NATSTEEL M AILB AG MR Lee Han Shih's article (BT, Nov 14) asserts that DBS sold its 14.67 per cent stake to the lower bidder against the interests of its shareholders, and that DBS was influenced by Temasek
      471 words
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      Lock icon Page 2 Advertisements Column 1
      103 2 Since 19 5 our worldwide staff o' over 275 multi-disciplined professionals 1 W mcl.idmg lawyers chartered accountants i I I chartered secretaries and bankers haveW A I provided confidential and epoetin J Jk company formation in all the ir.ijO' lo/. 4 Hi tax areas including iwiiii 1 IL ■>i yytwir
      103 words
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  • in the news
    • Article, Illustration
      Lock icon F&N makes record profit of $226m
      589 3  -  12.5% gain yields EPS of 80.3*, which F&N aims to better in FYO3 Reports by Ven Sreenivasan BEVERAGE, property and publishing giant Fraser Neave yesterday posted record net profit for FY2002, announced a generous dividend, and set itself an aggressive earnings target for next
      ARTHUR LEE  -  589 words
    • IN BRIEF
      • Article
        Lock icon Creative ties up with Amzaon
        80 3 Bloomberg CREATIVE Technology, which makes products for playing music on computers, said it has teamed up with Amazon.com Inc to sell its Cambridge Sound Works speakers, home theatres and radios through the Internet retailer. Creative'# Cambridge Sound Works unit will ship products ordered through Amazon.com
        Bloomberg  -  80 words
      • Article
        Lock icon CSA interim profit down 31% to $3.8m
        89 3 Reuters CSA Holdings' net profit fell 31 per cent for the six months to Sept 30 to $3.83 million. Earnings per share was 2.90 cents from 4.30 cents. Turnover dropped to $267 million from $321 million. Dividend was unchanged at 5 per cent
        Reuters  -  89 words
      • Article
        Lock icon Isetan H1 earnings slump 82%
        75 3 Reuters ISETAN (Singapore) said net profit was down 82 per cent in the six months to Sept 30 to $330,000. Earnings per share was 0.01 cent from 0.04 cent. Turnover fell to $120.93 million from $127.35 million. Isetan is engaged in the trading of general
        Reuters  -  75 words
      • Article
        Lock icon Hotel Malaysia profit almost doubles
        74 3 Reuters HOTEL Malaysia said net profit for the year to Sept 30 jumped to $15.9 million from $8.8 million a year ago. Turnover was $23 million, down from $30 million. Final dividend was 55 cents, up from 40 cents. The investment holding company said the
        Reuters  -  74 words
      • Article
        Lock icon Royal Clicks Interim net down 13%
        84 3 Reuters ROYAL Clicks said net profit was down 13 per cent in the six months to Sept 30 to $3.79 million. Turnover rose to $128.79 million from $103.35 million. Royal Clicks is engaged in the retail and distribution of sports apparel, accessories and equipment.
        Reuters  -  84 words
      • Article
        Lock icon Goodwood Park profit up 15% to $38m
        80 3 Reuters GOODWOOD Park Hotel said net profit was up 15 per cent in the year to Sept 30 to $38.15 million. Turnover was $169 million, down from $188 million. Final dividend was unchanged at 30 cents. Goodwood Park is engaged in hotel and
        Reuters  -  80 words
    • Article
      Lock icon APB posts 13.4% profit gain to record $84.4m
      393 3 AH but 2 breweries, in China, were profitable; firm sees better year ahead WHAT time is it? Good times, judging by the record $84.4 million attributable profit posted by Tiger Beer brewer Asia Pacific Breweries for the year ended Sept 30. The
      393 words
    • Article
      Lock icon Centrepoint turnover crosses $1b
      357 3  -  By, Andrea Tan CENTREPOINT Properties' turnover for the year ended Sept 30 topped $1 billion, boosted by strong sales of mass-market projects like Rosewood and Cote d'Azur. The property arm of Fraser Neave saw sales surge 61 per cent from $636 million to $1.02 billion. Net
      357 words
    • Article
      Lock icon Singatronics to sell stake in Aussie unit
      331 3 SINGATRONICS yesterday said it will sell its entire interest in Glopeak Australia for Asl24 million (*****.8 million) cash as it reviews its hotel operations in Australia and New Zealand. Glopeak was incorporated in Australia to hold the group's investment in a five-star international
      331 words
    • Article
      Lock icon Doubts cast on ei-Nets as going concern
      244 3  -  By\ David Boey THE auditors of Sesdaq-listed e-services and consulting firm ei-Nets said yesterday they are not in a position to say whether the firm's financial statements give a "true and fair view" of its activities. Audit firm Deloitte Touche also noted in
      244 words
    • Article
      Lock icon Core ops boost Comfort interim profit by 66%
      417 3 TRANSPORT operator Comfort Group yesterday announced that net profit for the half-year ended Sept 30 rose 66 per cent to $52.9 million from a year ago on the back of contributions from its core operations. The group's turnover for the half-year rose
      417 words
    • Article
      Lock icon United Fiber shares slump 22% to 3.5c
      314 3  -  Investors fear firm's forestry concessions won't be reinstated Byi Andrea Tan INVESTORS dumped United Fiber Systems' shares yesterday on fears that the firm may not succeed in getting its Indonesian forestry concessions reinstated. The counter slumped 22 per cent, or 1 cent, to
      314 words
    • Article
      Lock icon Freight demand boosts SIA load factor in Oct
      310 3 Reuters SINGAPORE Airlines (SIA) posted higher passenger and cargo loads in October, boosted by higher air freight demand aft6r port disruptions on the US West Coast and a low base effect the previous year, analysts said. Asia's largest carrier by market value
      Reuters  -  310 words
    • Article
      Lock icon CPF properly withdrawals down
      262 4 THE buying momentum in the real estate market slowed in the July to September period, with only 2,658 Central Provident Fund (CPF) members applying to use their funds for private property purchases. This is about 25 per cent less than in each of the first two
      262 words
    • Article, Illustration
      Lock icon Sept retail sales slide 0.8% y-o-y
      300 4  -  EYE ON THE ECONOMY retail sales Byt Vince Chong SINGAPORE'S retail sales dipped by a marginal 0.8 per cent year on year in September compared with an 8.4 per cent annual slump the previous month. Month on month, September sales fell 2.6 per cent
      Source: DOS  -  300 words
    • Article
      Lock icon Analysts expect big drop in Oct exports growth
      498 4  -  Average figure of 4.7% cited, down from 16.9% for Sept; weak fourth quarter seen Byi Chuang Peck Ming IF the October export figure is a foretaste of things to come, the final quarter of the year will end with a whimper on
      498 words
    • Article, Illustration
      Lock icon NTUC Income mulls cutting bonuses again
      402 4  -  n Sf nm 1-* n ciivS low iiii6fvSi rates and i poor equity market By I Genevieve Cua NTUC Income may have to cut its bonus rates yet again, as low interest rates and a poor equity market make this year "exceptionally difficult" for
      ST FILE PHOTO  -  402 words
    • Article, Illustration
      Lock icon Marine sector set for good year with 13% H1 growth
      581 5  -  But it should not be complacent as competition hotting up: Asmi chief By\ Donald Urquhart WITH healthy first-half growth of 13 per cent, the local marine industry will enjoy another good year, but it cannot afford complacency because low-cost competition
      581 words
    • Article
      Lock icon 24 Automobile Megamart units set to be auctioned
      316 5 Hammer route chosen to be fair to all 71 owners THE joint owners of 24 business units at the Automobile Megamart have decided to sell their investments and they are taking the auction route in the interest of transparency. According to an
      316 words
    • Article
      Lock icon Asia refining margins at year's high
      279 5 Bloomberg ASIAN oil refiners' profit margins from turning crude oil into naphtha, and other products used to make fuel, rose to their highest this year as demand for heating fuel gained and crude prices fell. Merrill Lynch said. So-called simple refining margins in Singapore
      Bloomberg  -  279 words
    • Article
      Lock icon MAS may pitch for weaker S$ in January, says BoA
      369 5 Bloomberg THE Monetary Authority of Singapore will probably say in its semi-annual monetary policy statement in January it wants a weaker Singapore dollar to help boost exports amid slowing economic growth. Bank of America said. Prime Minister Goh Chok Tong
      Bloomberg  -  369 words
    • Article, Illustration
      Lock icon Star Cruises wooing Chinese
      424 8 K will announce four scheduled services to Shanghai from Hong Kong next year [SHANGHAI] Genting group associate Star Cruises, which is setting its sights on the China market hopes to base one of its vessels in Shanghai to attract increasingly affluent Chinese to holidays with a
      424 words
    • NOTE BOOK
      • Article
        Lock icon 20,200 bankruptcies in HK this year
        58 8 Reuters [HONG KONG] Some 2,777 people in Hong Kong declared bankruptcy in October, raising the number of individuals going bust to a fresh record 0f20,204 for the first 10 months of the year. Hong Kong, which has been ravaged by two recessions in four
        Reuters  -  58 words
      • Article
        Lock icon China sales boost Taiwan Q3 growth
        51 8 Bloomberg [TAIPEI] Taiwan's economic growth gathered pace in the third quarter as companies shipped more electronic parts and other goods to China. Taiwan's economy grew 4.8 per cent in the third quarter from a year earlier, according to the Directorate-General of Budget, Accounting Statistics.
        Bloomberg  -  51 words
      • Article
        Lock icon China Unicom to buy 9 networks
        64 8 Reuters [HONG KONG] China Unicom Ltd, China's No 2 mobile phone carrier, will buy nine cellular networks worth 22-23 billion yuan (554.7-4.9 billion) from its parent by the year-end in a bid to boost profitability, bankers said yesterday. A spokeswoman for China Unicom, which
        Reuters  -  64 words
      • Article
        Lock icon HK bourse proposes new delisting rules
        71 8 Bloomberg [HONG KONG] Hong Kong's stock exchange proposed delisting companies with market values of less than HK$5O million (SJIU million), that are bankrupt with no chance of recovery or have had their stock suspended for 12 months. Hong Kong Exchanges Clearing Ltd proposed rules
        Bloomberg  -  71 words
      • Article
        Lock icon Indonesian economy expands 3.9% in Q3
        59 8 Bloomberg [JAKARTA] Indonesia's economy expanded more than expected in the third quarter, lifted by consumer spending and rising prices for palm oil and natural gas. Gross domestic product expanded 3.92 per cent from a year earlier, the government statistics office said. That compares with
        Bloomberg  -  59 words
      • Article
        Lock icon India's weightage raised in MSCI indices
        62 8 Reuters [BOMBAY] Global equity index compiler Morgan Stanley Capital International has raised India's weightage in its MSCI Asia-Pacific Ex-Japan index to 3.14 per cent from 3.12 per cent, an MSCI official said yesterday. India's weightage in the compiler's emerging markets index has also risen
        Reuters  -  62 words
      • Article
        Lock icon China Telecom to enter FTSE indices
        63 8 Reuters [HONG KONG] Newly-listed phone giant China Telecom will join the FTSE All-World Index and the FTSE China Index from Monday, the FTSE Group said. Morgan Stanley Capital International will also add the counter to its Standard Index starting from Nov 29. Its shares
        Reuters  -  63 words
    • Article
      Lock icon Gains in HK property stocks may not last
      668 9 Land sale ban may not help developers as many are selling homes at a loss Bloomberg [HONG KONG] Does Hong Kong's decision to stop land sales for at least a year mean it's time buy shares of Wharf Holdings Ltd and other
      Bloomberg  -  668 words
    • Article
      Lock icon Yang Bin's firm to close HK office
      343 9 TYCOON WOES Acting CEO quits as creditors dose in on embattled Euro-Asia AP [HONG KONG] Embattled Chinese tycoon Yang Bin's flagship company said on Thursday its acting chief executive has resigned and it will close down its Hong Kong office next month because
      AP  -  343 words
    • Article, Illustration
      Lock icon Brilliance China confirms govt in talks to control firm
      381 9 Reuters [HONG KONG) Brilliance China Automotive Holdings Ltd confirmed yesterday that the Liaoning provincial government is in talks to buy control of the largest Chinese van maker. Brilliance China's largest shareholder, the Chinese Financial Education Development Foundation, which has a 39.45
      Reuters  -  381 words
    • Article
      Lock icon Many contenders for HKEx CEO job
      447 9 They include past-CEOs, listing committee members [HONG KONG] Past securities regulators, retired officials and key members of the listing committee are being tipped as possible successors to Hong Kong Exchanges and Clearing chief executive Kwong Ki-chi, the South China Morning Post reported, after surveying
      447 words
    • Article, Illustration
      Lock icon Stable rupiah needed, not govt stimulus
      241 9 Bloomberg [BALI] Indonesia needs a stable currency and manageable inflation, not more stimulus packages, to help its economy recover in the aftermath of last month's bombing in Bali, Minister for State Enterprises Laksamana Sukardi said. "It's not financial stimulus that is required," Mr Laksamana
      Bloomberg; REUTERS  -  241 words
    • Article
      Lock icon Jakarta international schools shut
      71 9 Reuters [JAKARTA] Several of Indonesia's big international schools in the capital Jakarta closed their campuses yesterday due to security reasons, officials said. One Western security source said the top Jakarta International School had received a "credible threat" while an official at the Australian International School rocked
      Reuters  -  71 words
    • Article, Illustration
      Lock icon Argentina defaults on US$805m payment
      466 10 Only token payment made to cover interest due; rift growing with international finance agencies, Washington LAT-WP. AP [WASHINGTON] The Argentine gov ernment has defaulted on all but a fraction of a US$BO5 million payment due on Thursday to the World Bank, deepening the country's rift
      LAT-WP.; AP; AFP  -  466 words
    • Article
      Lock icon Lehman fires 500, including key strategist Applegate
      341 10 Popular in the *****, he is part off 4% off Lehman's workforce laid off Bloomberg. Reuters [NEW YORK] Lehman Brothers' chief investment strategist Jeffrey Applegate. who said he "missed the whole bear market", was among 500 people the bank fired this week. The
      Bloomberg.; Reuters  -  341 words
    • Article
      Lock icon Japan's extra Budget to cover tax shortfall
      501 11 The size and content off the Budget will be decided by Dec 10 Reuters [TOKYO] The Japanese government yesterday began debating an extra Budget to shore up the tottering economy but kept financial markets guessing whether it would boost spending or just make
      Reuters  -  501 words
    • Article, Illustration
      Lock icon WorldCom names Capellas as CEO
      429 11 Reuters, Bloomberg [NEW YORK] Michael Capellas, who departed from computer maker HewlettPackard Co this week, will take the reins of bankrupt telecommunications provider World Com Inc as chairman and chief executive officer, the company said yesterday. He will replace interim CEO John Sidgmore and will
      Reuters,; Bloomberg; REUTERS FILE PHOTO  -  429 words
    • Article
      Lock icon 5 Microsoft segments post operating loss
      222 11 Reuters [SEATTLE] Microsoft Corp broke down results by business segment for the first time on Thursday in a filing that showed five of its seven reporting units with an operating loss. Microsoft's nascent businesses in small business software and mobile devices, as well as
      Reuters  -  222 words
    • Article, Illustration
      Lock icon Good progress at trade meeting: Aussie minister
      434 11  -  From] Ravi Kanth in Sydney AUSTRALIA'S trade minister Mark Vaile yesterday claimed that the Sydney meeting of 25 trade ministers had achieved significant progress in the quest to enable poor nations to access affordable medicines. "An agreement on TRIPS (trade-related intellectual property rights)
      REUTERS  -  434 words
    • Article
      Lock icon Congress clears port security bill
      482 11 Containers loaded on trucks, trains to be closely screened Reuters. Bloomberg [WASHINGTON] The US Congress on Thursday approved and sent to President George W Bush a bill to further tighten security at US ports, which transportation planners fear could be a target for attacks or
      Reuters.; Bloomberg  -  482 words
    • Article
      Lock icon US Oct producer prices up sharply
      372 11 LATEST US INDICATORS But economists say uptick does not signal resurgence of inflation Reuters (WASHINGTON) US producer prices rose sharply in October on big increases in the cost of gasoline, cars and light trucks, the government said yesterday, but economists said the larger-than-expected gain
      Reuters  -  372 words
    • Article
      Lock icon Dell Q3 earnings up, but shares lose ground on outlook
      447 11 Reuters, Bloomberg [NEW YORK] Dell Computer Corp's profits rose 31 per cent in the third quarter as the No 1 personal computer maker gained market share, but its shares fell on a disappointing outlook. Shares, which fell about 3 per
      Reuters,; Bloomberg  -  447 words
    • WORLD WATCH
      • Article
        Lock icon The big cost of US accounting fallures
        68 11 AP [WASHINGTON! The string erf" accounting failures at big companies in the past year has cost US households nearly US$6O,OOO each on average as some US$5 trillion in market value was lost, Paul Atkins, a member of the Securities and Exchange Commission, said
        AP  -  68 words
      • Article
        Lock icon AMD to axe 15% of work force
        51 11 Reuters [SUNNYVALE, California] Microprocessor maker Advanced Micro Devices on Thursday said it was cutting 15 per cent of its work force as part of an effort to trim expenses by US$35O million in 2003. Some 1,000 staff were notified on Thursday, it said.
        Reuters  -  51 words
      • Article
        Lock icon Rome confirms Italian's arrest in Bali
        84 11 AP [ROME] Italy's foreign ministry yesterday confirmed that an Italian had been arrested in Bali after last month's bombings at a night club, but refused to confirm or deny news reports that he was suspected of involvement in the attack. Andrea Sorteni, 38, was
        AP  -  84 words
      • Article
        Lock icon AT&T unit may fie for bankruptcy
        82 11 Bloomberg l WASHINGTON! AT&T Latin America Corp, the money-losing unit of AT&T Corp, said its third quarter loss widened and it may have to sell the company or file for bankruptcy protection because of a funding gap. The net loss widened to U*****.3 million
        Bloomberg  -  82 words
      • Article
        Lock icon Swiss Exchange to probe Credit Suisse
        72 11 Bloomberg [ZURICH] Credit Suisse Group faces a preliminary investigation by the Swiss Exchange on suspicions it may have told some analysts they should revise their third-quarter forecasts. Swiss newspaper NZZam Sonntag reported last Sunday Credit Suisse may have called some analysts to tell them
        Bloomberg  -  72 words
      • Article
        Lock icon Royal KPN posts first profit in two years
        58 11 Bloomberg (THE HAGUE] Royal KPN NV reported its first quarterly profit in two years after the Dutch phone company cut costs and had lower acquisition-related expenses. The profit in the third quarter was 68 million euros (*****.2 million), from a loss of
        Bloomberg  -  58 words
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  • Article
    Lock icon STOCKS ASIA
    4606 4 Transaction date: Nov 15 for more, go to iiwwxisicumenmarketsjcom HONG KONG HK Exchanges 8 Oanng.. 10.65 OSS 5846 M HKRM1 152 0.06 3191 MB *1- "BOO Hong Kong Electric .3100 -030 6047 Hongkong Chinese 0.S4 nidi 208 Alpha General... 0.02 unch 570 Hongkong Chinese Ltd 0.54 mti 200
    4,606 words
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  • Article
    Lock icon KLSE
    2415 5 Transaction date:Nov 15 KUALA LUMPUR SNea It l FS6M 1.76 unch 5 li rmrn FW Industries .0.16 unch 0 Gadang 096 0 02 44 A AM Realty .0.83 unch 0 9 amu f~ J* Abnc 1 10 003 51 GanadCorp ~"®3 ACP Industries .2.88 unth 0 General Coy 0
    2,415 words
  • Article
    Lock icon SGX
    742 5 Trarisartion dale: Nov 15 i q— o—i iMdi—» t o— ait C*C 0.45 3 760 *0.020 NaCSttal 50c 046 2 050 *0010 CaprULand 1 12 flto ***** OCBC 9 78 10 600 <0.200 Own SfmCond 26c 0 72 0875 *0025 OUf 0 53 6100 *0.050 City Dev 50t 2
    742 words
  • Article
    Lock icon BONDS & WARRANTS
    552 5 BONDS WARRANTS Last Vai Cam Eaar Hk SHt-'ith! ciim| sat» —r- rmm «n» wu ii mi AST1W*****1 17.5 1 16 1» 0 80 19 Aana Ltd W*****6 2 1 50 700 3 X 24 Arm** mmmm m 2 m 1 n i« M Armstrong \M>***** 15 unch 12 1 10
    552 words
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  • in focus
    • Article, Illustration
      Lock icon Hu Jintao leaves analysts guessing
      643 6 New Chinese leader may spend the start of his tenure as party chief, which will last at least five years, in Mr Jiang's shadow, observers say Bloomberg [BEIJING] HU Jintao crushed a popular uprising in Tibet when he ruled the province from 1988 to 1992.
      Bloomberg; REUTERS  -  643 words
    • Article
      Lock icon China shares up slightly; leadership changes ignored
      108 6 AFP {SHANGHAI] China's Shanghai B shares closed 0.7 per cent higher yesterday in a technical rebound as investors largely ignored the sweeping leadership changes to China's top ruling body, the Politburo Standing Committee, dealers said. The Shanghai B-share index added 0.86 points to
      AFP  -  108 words
    • Article, Illustration
      Lock icon Members of the Politburo Standing Committee
      183 6 Reuters [BEIJING] Hu Jintao, who took the helm of China's Communist Party yesterday, heads a new generation on a nine-member leadership body stacked with allies of his predecessor Jiang Zemin. Following is a list of the full members of the expanded Politburo Standing Committee,
      Reuters  -  183 words
    • Article, Illustration
      Lock icon China's No 3 party leader Wen Jiabao survives his past
      535 6 Reuters [BEIJING] A black and white photograph taken during the 1989 protests in Tiananmen Square holds the key to Wen Jiabao. the man tipped to take over as China's premier next year. It shows a wooden-faced Mr Wen standing by
      Reuters; REUTERS  -  535 words
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      Lock icon Page 6 Advertisements Column 1
      970 6 I Beyonics Technology H I Beyonics Technology Limited H (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of the Company will be held at 30 Marsiling Industrial Estate Road 8, Singapore *****3 on Wednesday. 4 December 2002 at 2.00 p.m. to transact
      970 words
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      450 6 in i lit M.vnm oi THK (OMPAMKS Al l. CAR 5» AND H ROPA All PUB Pl>: I.l'll (la Mmhrn' \iilaetan Watan Up) Al an I ttrannlinjr) (kintal Mcclin? of Ihe Cimifuns hckl al 41 Tamptnc% Street 92. KII IK) ARK Building. Singapore S3XKXI »nlhe Hlhday ofNiiscmher ***** al HMD
      450 words
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      499 6 In Hm MoHtf of The Companies Act. Cap. 50 And In lk« Maim of MARIPOSA INVESTMENTS PTE LTD (In Voluntary liquidation) MEMBERS' VOLUNTARY WINDING-UP Al on Extroordmory General Meeting oi the member i of the obove named compony duly convened ond held on 6 November 3003 (he following resolutions were
      499 words
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      476 6 IN THE MATTER OF T)£ CO/FAMES ACT CAP 50 AND IN THE MATTER OF SOCIO INVESTMENTS PTE LTD i In Menders UArtary iqjdafcr At ar Extacrdnary General Meetrig 1 tie Conpany heß a 56 JdQr Mat MaL jiuvj- '***** x. tie 1? Noventw ?00? tie Moiwig RescUons eete (My passed
      476 words
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      413 6 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AMIS CRANES (ASIA PACIFIC) PTE. LTD. (In Members' Voluntary liquidation) NOTICE OF FINAL MEETING NOTICE IS HERESY GIVEN pursuont to Section 308 of the Companies Ad. Cap 50 that a Final General Meeting ol Ihe Members
      413 words
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      1314 7 GOODWOOD PARK HOTEL LIMITED AND ITS SUBSIDIARIES (Incorporated in Singapore) PROFIT AND DIVIDEND ANNOUNCEMENT I UNAUDITED RESULTS FOR THE YEAR ENDED 30 SEPTEMBER 2002 11. Profit and Loss Account* The Group The Company 2002 2001 Chang* 2002 2001 Change Revanue rooo rooo rooo rooo Hotel operations 102.661 115,822 -11.4 30.342
      1,314 words
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      972 7 HOTEL MALAYSIA LIMITED AND ITS SUBSIDIARY (Incorporated in Singapore) PROFIT AND DIVIDEND ANNOUNCEMENT UNAUDITED RESULTS FOR THE YEAR ENDED 30 SEPTEMBER 2002 1. Profit and Loss Accounts Tha Group The Company 2002 2001 Chang* 2002 2001 Changa rooo rooo rooo rooo Revenue Investment income 17,222 15.010 *14.7 17.181 14.869 *15.5
      972 words
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      3007 8 CSA HOLDINGS LTD Half Year Financial Statement and Dividend Announcement Financial statements on consolidated results tor the six months ended 30 September 2002. These figures have not been audited. c n«« GfOUP c rw^° mp ny '0 (a) HUUM SS million S$ 000 SS 000 (ri lliiiha In) 4»g-4 tjwiO'Oup
      3,007 words
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      903 9 A IPCD VUIH IPCO INTERNATIONAL LIMITED Notice of Expiry of Warrants IMPORTANT NOTICE Expiry of Warrants 2002 To All holders ("Warrantholders") of warrants (the 'Warrants") to subscribe for new ordinary shares of 550.20 each (the "New Shares") in the capital of Ipco International Limited (the "Company") expiring at 5.00 p.m.
      903 words
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  • Article
    Lock icon SGX MAINBOARD
    5455 10 Transaction date: Nov 15 for live prices, log on to wuwxisiaortemarketsjcorn 5248k urn «M My Lad On** fifttr M> CrtW MM MCa> t—> Cinwm M» W- f| I— —yf Mn Cw W W ABNAmroNIG S6c f 1J B.4 141b 20 5 9 ACE Dynama20c II 10 12 0.7
    5,455 words
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    Lock icon SGX XTRANET
    55 10 «M» IM M Of L1Q—H OOkr H» firtM MM MCjb i— Cimmi Ml W- cwm L— —y M» Or Wt >3 ***** 7310 DamoocK Irs9600x) SMO 2700 ISOiUSTcdi UVTOOcdcd S7S rn iSMSOSpore USSSSafcd lino «?X ISS4P500 USS270akd S270 117% tin von usaao 180b 1383 STIETT 100 1430 «18
    55 words
  • Article
    Lock icon SGX SESDAQ
    1323 10 U« IM M Day 11 Q»Mi GrfNv Dt» (fW MM Kb t— ut, w- rss* iMi i— »mrm War cw m >3 22S 9 ABRMldgiSc 45 M 11$ u MS U AP O.ISt ISad 155 17 5 tl.5 17 63. 112 SIS 14 AS Auto 10c 1< i*xh
    1,323 words
  • Article
    Lock icon CLOB INTERNATIONAL
    367 10 U* UM Ml Day LMQMK CrfM* Mr CrtM MM MCa> M# f» Ci«pw> M« W- Cm> I— •mm Cm t* im* 114 71 AV*mn«A2S< M3 OS 231 93 5 93 93 93 5 40 3.4 10* 5.4 200.2 C*th*y Pac 20c HK720 265 21 74 6 243*2 ChetrakongSOc
    367 words
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  • in the money
    • Article, Illustration
      Lock icon Never too early to start investing
      881 12 MONEY TALK As a young swinging single, mind bow yon rack np expenses, wains the first of a 5-part series on financial planning YOU are single and in your 20s or 30s, with a career and a dream. Freedom smells great. This stage is
      FILE PHOTO  -  881 words
    • Article, Illustration
      Lock icon Wising up to 'wonder' stocks
      1714 13  -  SHOW ME THE MONEY Cash flow from operations is a key indicator of financial health, and it is a company's skills and core competencies that count in the long ran teh hooi ling The writer is a BT correspondent and CFA charterholder ONE of Buddha's
      1,714 words
    • Article
      Lock icon 19 upgrades among 25 changes
      334 13  -  Capita Land and Innovaluos among upgrades after robust earnings growth By Patrick Peck The author is vice-president at the Paris-based JCF Group THE number of opinion changes declined this week to 25 from 36 last week, comprising 19 upgrades and the rest downgrades. Despite pressure
      334 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2558 12 UNIT TRUSTS FUNDS S 8 Set Gib Business Ldn PtfVSGO) OM S 8 Sel Gto Busmen lAs PtfKUSD) 08V S&TM!?!!!!! 061b Com Global Finance mSex Fd 0.72V 1107/ 0J44J Star Eurooe Bal OM« Com Global Health Index fd 0 79V al-Tr nutj Com Global Telecom mdn Fd 0.40« S-ZTLZT w
    2,558 words
  • Page 12 Advertisements
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      118 12 Brought to you by: ©DBS BANK Journey To Beautiful Life Will you be the lucky one to win a dream holiday in the Maldives 7 Just bring this form to any DBS branch and meet a DBS Financial Advisor for a mjSm no-obligation financial planning appointment by Dec 3 1.2002.
      118 words
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  • Article
    Lock icon Positive*
    144 13 tSSSSTW^EMBSSM^BS Caprtaiand B,B,h! H.O.H 1.50 CSE Systems B,B 0,0 j 1.00 EuYanSang 0 H i 1.25 First Engrg Bj NR j 1.25 Great Eastern HWgs Bj O I 1.17 Innovakiee Precision Bj O j 1.25 MFSTechnology Bj O j 1.50 NOL B O 2.00 OCBC Bj O j 1.42
    144 words
  • Article
    Lock icon BT SHARE INFORMATION SERVICE
    2122 13 for week beginning Nov 11 MM earn EK DM* IT LV IT U Cam+maf mm (Sa) Ctm) (ttt) (cts) AM Hldgs 30 Sep I 3 0701 3 0721 15* 1591 Acma 3frSep I 17 3531. 655* 221 3JL AscottGrp 23 Oct *****01 7 619 166 049
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  • style motoring
    • Article, Illustration
      Lock icon Show stoppers
      859 14  -  There are over 300 reasons to visit this year's Singapore Motor Show, but CHRISTOPHER TAN lists the top attractions CHRISTOPHER TAN MAYBE it's the high-intensity lighting bouncing off the polished paintwork- Or the loud rhythmic bass that seems to echo your heartbeat Or even the stilettoed mannequins who
      ALL PHOTOS BY ARTHUR LEE  -  859 words
    • Article, Illustration
      Lock icon Pump prices down
      400 14  -  BRAVE NEW WHIRL Compiled by CHRISTOPHER TAN PUMP prices have fallen. Yesterday, Shell and ExxonMobil announced that they've cut petrol and diesel retail rates by three cents across the board. Others are likely to follow. The two companies said the adjustment was in response to softer international
      400 words
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  • style food/travel
    • Article, Illustration
      Lock icon The long and, short of ticket prices
      558 15  -  TRAVELLING LIGHT vijay verghese The writer is a Hong Kong-based journalist TRAVEL scams have been around for a while. Christopher Columbus promised his crew he would take them to India. Then, in a rather spotty bit of navigation, he sailed off in entirely
      558 words
    • Article, Illustration
      Lock icon Embracing ambrosia
      497 15  -  Highlights of the Raffles Hotel's annual Wine and Food Experience include the launch of the rare Champagne Salon 95 and an exclusive feast on caviar and foie gras. JAIME EE reports JAIME EE THE Raffles Hotel's annual flashy gastronomic event of the year kicks off this Monday with
      497 words
  • Page 15 Advertisements
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      283 15 wine&dine with weekendßT 29 Upper Circular Rd, ÜBI-49/50. The Riverwalk. TeL *****766 Savour fresh Tasmanian oysters at $1 each every Wednesday during "Oyster Nite". Happy Hour. 58pm (40 per cent discount). Lunch (Mon-Sat), Dinner (Moo-Sun). v MliD'/Mfo *'.>$ #02-38 Specialist Shoppbiq Centre. TeL*****238 WelHtnown for its value-for-money French-inspired cuisine, this
      283 words
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      314 15 complimentary choice dessert with any main course ordered with your Diners Club Card. Complimentary desserts limited to a maximum of six per table. No splitting of tables and bills. Grand Pliti Pwfcfoytl 10 Coleman Street. TeL *****543 Ala carte buffet lunch and dinner with 68 delectable Cantonese dishes prepared by
      314 words
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      312 15 For more information, go to Raffles Hotel's website at www.raffleshotel.com Tel: *****886 Hook laleiaatluaal Nooii Bar *01-187 Suntec City Mali TeL *****550 Enjoy authentic cuisine from China. Japan, Thailand, Italy and Vietnam. Look out for the famous "Nook" noodle soup, chicken ramen and woon sen torn yam, which won the
      312 words
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      292 15 weekday set lunch menu at only $22.80. Pan Pacific Hotel, Level 3,7 Raffles Boulevard, Marina Square. TeL *****788 Established since 1971. the restaurant was ateo a finalist for the Best Ethnic Restaurant at World Gourmet Summit 2002 and was listed as one of the World's Best 100 New Restaurants in
      292 words
  • Page 15 Miscellaneous
    • Miscellaneous
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      229 15 CRYPTIC CROSSWORD Vet's power to open up tiny 21 Bright red mark on body was ZjBLjBLJBtZ 22 Gladstone was so generous 26 Brave investor's avoidance of humiliation (4,5) 27 No officer in particular? (7) 7 Not a man offering support jazzman (5) 28 Article uses wrong Greek (9) 24 Sound
      229 words
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  • what's in style shopping
    • Article, Illustration
      Lock icon Putting his shirt on Raoul
      703 16  -  FJB managing director is upbeat about its latest in-house brand and its long-term potential. CHEAH UI-HOON finds out CHEAH UI-HOON GET that shirt and tie, followed by the hi-tech weather barometer and then maybe some acid jazz CDs, all at one store. Raoul, Singapore's newest
      CHRIS LOH  -  703 words
    • Article, Illustration
      Lock icon Going towards the light
      438 16  -  By Cheah Ui-Hoon EVEN stalwart cosmetic brands have to go for bold makeovers and notch up their services every so often. Christian Dior has lightened its counter look, and brought back its personalised facial services to its flagship counter at Tangs. "The facial cabin is a
      438 words
    • Article, Illustration
      Lock icon Ralph kids you not
      377 16  -  Hyi Corinne Kerk WHEN it comes to parents who really care about style, you can bet your bottom dollar they won't let their kids fall behind in the fashion stakes. And now, they can add Ralph Lauren Children's first standalone boutique at Forum, The Shopping Mall,
      377 words
    • Article, Illustration
      Lock icon Screen play
      780 16  -  Both the young ones and adults will have their hands full off merchandise—with the release off the second Harry Potter movie and James Bond flick By i Cheah Ui-Hoon MEGA movies are magnets for merchandising and this season's box office hits Harry Potter and the Chamber of Secrets
      780 words
  • Page 16 Advertisements
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      93 16 A Silver Christmas at Christian Dior at Tangs. Nov 15 to 21 WfitP Q LIANG HOE HUAT LANDSCAPING CONSTRUCTION PTELTD W-. DIY Water Feature Pond W&L J VIW a,: *****(0.6m(L) x O.6m(W) x 0.1 m(H) and n|)ifr **$328 (1m(L) x 0.8m(W) x 0.1 m(H) Enhances your life quality Tt 7/'
      93 words
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      82 16 Omega watches are available at dealers at Scotts Shopping centre; Swatch watches (most shopping malls including Scotts. Clarke Quay, Funan IT Mall); Bossini (including Tampines Mall. Junction 8, Liang Court and Plaza Singapura), Harry Potter toys at Toys R Us and Isetan (including Tampines Mall), books at Kinokuniya (including Liang
      82 words
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  • what's in style art/shopping
    • Article, Illustration
      Lock icon Painting an impact
      762 17  -  Besides showing off large format works to advantage, the 'Origins' exhibition also brings together less familiar second-generation S'porean artists. PARVATHINAYAR reports PARVATHI NAYAR THE desire to show large format works the largest being Lu Guo Xiang's Fraser Hill I at over 2 sq m \yas one factor
      762 words
    • IN STORE
      • Article, Illustration
        Lock icon anaoe or procecnon
        62 17 What's new in the stores Who can resist the latest shades from Versace? Made from a special plastic called CR-39, a stylish pair of ladies' rimless sunglasses comes with mercury-coated lens that are non-reflective. Launched last month, it is available at $320 at Capitol Optics, including their
        62 words
      • Article, Illustration
        Lock icon To your Heart's content
        61 17 Whilst the heart shape is a popular jewellery design, here's one with a difference —a heart-shaped pendant that's flipped over on one side. This pink-and-black crystal pendant from Italy is cast in 925 silver and is a pretty accessory for an evening out Costing $230, it's
        61 words
      • Article, Illustration
        Lock icon Dry fit
        83 17 You'll keep your feet dry ina heavy downpour with these Timberland Canard "Stormproof* shoes—thanks to its waterproof leather and seam-sealed feature. Designed in the US, its shock diffusion plate makes it comfortable for hiking and trekking. There are Ave different designs for men, two for women and one
        83 words
      • Article, Illustration
        Lock icon Cany on with CeNne
        88 17  -  Compiled by I MIKE CHUA Minimalist and classy with just the right amount of detailing. That's the look of French label, Celine's latest collection. Its sleek leather handbags are flaunting soft curves with some carrying geometric patterns reminiscent of antique mosaics. Meanwhile, shoes are kept simple
        88 words
      • Article
        Lock icon Events
        243 17 A Magical Christmas— Snow times: 7pm-7.15 pm and 8 pm-8.15 pm daily (main entrance). Season ends on Jan 1,2003. Magic shows—this weekend and Nov 24,3pm-3.30 pm, (level 2 atrium); Nov 23, lpm-1.30 pm (level 2 atrium). Night bazaars every Saturday till Dec 28,5 pm -11 pm (covered walkway). Line
        243 words
    • Article, Illustration
      Lock icon Laotian artist in his element
      447 17  -  Byi Cheah Ui-Hoon HIS home might be Canada, but his land of birth, Laos, continues to inspire artist Thep Thavonsouk. "My spiritual and artistic journey has reacquainted me with Laos' dreamlike quality, sense of beauty, tranquility and magic," says the artist, on his return to
      447 words
  • Article, Illustration
    Lock icon FINANCE
    882 17 Transaction date: Nov 15 V i 1 2 ria'' it ct mm e— m mon mmm m mo mi i mm 9m n —i m m m w i Aatrafti 0J07 un Mil 4JR KIM MB 0uC79 MM U# LOT am 3luOM MR I4i OJS MP MJM »«P CmH
    882 words
  • Page 17 Advertisements
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      29 17 Origins, at Sunjin Galleries, UOl-01 Seng Kee Building, 20 Martin Road, till Nov 30; weekdays 11.30 am to 7pm, weekends 11.30 am to 6pm; closed on Mon; Tel: *****317.
      29 words
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      Lock icon Page 17 Advertisements Column 2
      39 17 June Rain, by Thep Thavonsouk, till Nov 24, at Arlfolio Gallery, Raffles Hotel Arcade #02-25. Tel: 6334 4866. A portion of the proceeds from the sale of the paintings will be donated to the Vientiene School of Fine Arts
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