The Business Times, 7 June 2003

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Microfilm: NL25037
Total Pages: 18
1 18 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 MITA (P) 024/03/2003 85c THE BUSINESS TIMES S I N G A P O R
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  • Article
    Lock icon Investors grapple with mixed liquidity signals
    624 1  -  One camp is off the view that the full force off institutional buying has yet to kick in for S f pore stocks By Wong Wei Kong [SINGAPORE] How much liquidity is there to support Singapore stocks? Fund flows, fund holdings and money supply
    624 words
  • Article, Illustration
    Lock icon BTs Catherine Ong to join DBS as communications chief
    577 1  -  She joins bank as it moves to expand in HK, boosts its image Bb Siow Li Sen [SINGAPORE] DBS Group, South-east Asia's largest bank, has roped in media firebrand Catherine Ong to head its corporate communications division. Ms Ong, a senior
    577 words
  • Article, Illustration
    Lock icon Toast of the chamber
    156 1 [SINGAPORE] Corporate bigwigs congregated at the Hilton Hotel last night to mark the retirement of Graham Hayward (right) as executive director of the Singapore International Chamber of Commerce after 16 years. Mr Hayward will take a break overseas to see to, among other things, his daughter's
    CHRIS LOH  -  156 words
  • Article
    Lock icon Johor set to pip S'pore in more port deals
    515 1  -  French container liner, UK-based cargo operator may be next catch Front Eddie Toh in Kuala Lumpur MALAYSIAN port magnate Syed Mokhtar Al-Bukhary is circling Singapore's ports and is poised to take another bite or two, according to sources and reports. Sources
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  • Page 1 Advertisements
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      Lock icon Page 1 Advertisements Column 1
      260 1 MOTORING |Lj The new Volvo SBO has a neater nose and bigger heart. W FACE 14 newsbreak IDA rejects bid to raise local postal rates [SINGAPORE] The Infocomm Development Authority of Singapore (IDA) has thrown out a request by newly-listed Singapore Post (Sing Post) to increase the domestic postage rates
      260 words
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      Lock icon Page 1 Advertisements Column 2
      81 1 PROPERTY Sfyore developers eyeing Indon buyers once more. Mtfl Raffles Conversation Hp fj VaHh Bp* iGK?% jU The media is like a horse that has been kept in the barn for a long time and suddenly finds that the door is open. It's now flexing its muscles and sometimes is
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      Lock icon Page 1 Advertisements Column 3
      81 1 BBf SHOPPING Branded bargains: 7 1 End-of-season sales by upmarket fashion IWBj labels, MOE M How companies fared in first quarter. MAE 4 Bbfrv, wllW i^lpßß Jjr Wristwatch Marine "Hora Mundi" in 18-carat yellow gold, with indication of the 24 -/^7Alf/J^-wyy/j/VT) time zones Self-winding movement with date calendar and centre
      81 words
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      Lock icon Page 1 Advertisements Column 4
      18 1 Pelepas, Lacm Cha bang are S'pore's main rivals, Pg 2 Senai revamp could take off sooner, Pg 11
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  • newsfront
    • Article
      Lock icon US jobless rate hits 9-year high of 6.1% in May
      526 2 But figure better than feared as number of job cuts was only half that forecast AFP Bloomberg [WASHINGTON] The US unemployment rate rose to a nine-year high of 6.1 per cent in May as businesses axed 17,000 jobs, the government
      AFP; Bloomberg  -  526 words
    • Article, Illustration
      Lock icon Hotels body fears downturn could be chronic
      787 2  -  S'pore Hotels Association chief sees 25-30% drop in arrivals this year and urges hotels to guard against complacency By Andrea Tan [SINGAPORE] The citystate's travel industry "may never be out of the woods", says Singapore Hotels Association chief executive Pakir Singh. Strong words
      CHRIS LOH  -  787 words
    • Article
      Lock icon SIA offering travellers to S'pore up to 75% discount
      227 2 [SINGAPORE] National carrier Singapore Airlines is slashing fares by as much as 75 per cent to lure travellers back here after the Iraq war and the Sars scare. The 75 per cent discount applies only to the first 15,000 bookings worldwide.
      227 words
    • Article
      Lock icon New Thai logistics hub emerging to rival S'pore
      592 2  -  By Yang Razali Kaasim [SINGAPORE] A new World Bank study on East Asia says that Singapore's preeminent position as a logistics hub will face increasing competition not just from Tanjung Pelepas in Johor, but also from Laem Chabang in Thailand. While the
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    • Article, Illustration
      Lock icon Suffering front school blues — as a parent
      906 2  - Suffering front school blues as a parent Saturday soapbox Iff a five-year-old fakes a cough to avoid going to school in Singapore, perhaps the system needs to be reviewed genevieve cua SCARED of the local school system? If you're a square peg in a round hole, perhaps you have reason
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  • the raffles conversation
    • Article, Illustration
      Lock icon Power Of The Press
      2244 3  -  From the turbulent times of the post-Suharto regime to a new era in nation-building, Indonesia's august Tempo magazine has had a large part to play in shaping civil society. SHOEB KAGDA charts a short history of Bambang Harymurti (above), editor of the magazine with a voice
      TEMPO  -  2,244 words
    • Article
      Lock icon On the edge of political transformation
      667 3 AS Indonesia prepares for the first direct presidential elections in its history, Bambang Harymurti is both optimistic and concerned about the country's future. He sees the 2004 elections as a decisive moment in the country's push to establish a vibrant democracy following more than
      667 words
  • Page 3 Advertisements
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      61 3 Raffles INTERNATIONAL Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles International Hotels and Resorts. The Traveller's Palm in the Raffles International logo is an apt symbol. Not only has water stored at the base of this palm provided sustenance, the leaves rest in
      61 words
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  • companies
    • Article
      Lock icon Companies appear to survive first quarter well
      824 4  -  But analysts warn the real pain for many could be felt in the second quarter By Michelle Quah IN a time filled with doom and gloom predictions for businesses and the economy, the bulk of listed companies here appear to have survived the
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    • Article, Illustration
      Lock icon A look back at the big split
      775 4  -  analysis CATHERINE ONG asks if the fear of contagion for banking-cum-commerce groups is well-founded CATHERINE ONG WHEN the British were pulling out of Singapore, Tan Chin Tuan went on a shopping spree. The legendary president of what is now OCBC Bank brazenly snapped
      775 words
    • Article, Illustration
      Lock icon New 7-month high—in muted fashion
      577 4  - New 7-month high —in muted fashion market review von sroonivasan IT was a somewhat muted session in the local market yesterday, as many players squared positions ahead of the weekend. Activity was more subdued than in recent days, with volume contracting slightly among blue chips and penny stocks. A late
      577 words
    • Article
      Lock icon MARKETS
      71 4 sn MH2B (+11.64) ST INDEX FUTURES 1,439.00 (+9.00) SIMSCI FUTURES 178.70 (+1.70) Friday Change KLSEOOMP 681.57 -U.S6 NIKKEI 225 IMJ7 +128.64 H ANG SENG ___9.694 63 +55.62 SET INDEX 418.21 +158 JAKARTA COMP .***** -0.47 MANILA COMP .1.163.84 102 TAIPEI WPI 4.***** +111 SEOllCOMP dosed SHENZHEN B ***** -5.05
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    • Article
      Lock icon FINANCE
      74 4 FOREX RATES US$ S$ ISS (SS per I'SS) 1.724 £(USS/S$ per£) 1.666 1872 ElTtOa'SS/SS/E). 1.184 1040 YEN 118.0 68.50 KM 1800 1205 HKS 7.799 4.525 BAHT 41.66 24.17 RITIAH 8,195 4,755 RENMINBI 8199 4.815 INDIAN RITEE 46.84 27.18 AS 1.500 0.870 NZS 1.731 1.004 MMRA1U MViAtUKE* 525 W ALA
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    • Article
      Lock icon SIA and pilots' meeting 'cordial', says MOM
      287 4  -  By Vince Chang THE first conciliation meeting yesterday between the Air Line Pilots Association Singapore (Al-pa-S) and Singapore Airlines (SIA) was described as "cordial", with another session scheduled for Monday. Yesterday's meeting, arranged by the Ministry of Manpower, was to help bridge the
      287 words
    • corporateroundup
      • Article
        Lock icon TT Int'l plans share placement
        98 4 CITING positive market conditions, consumer electronics distributor and manufacturer TT International said yesterday it was seeking to place out 60 million new shares at 25 cents apiece. The company hopes to raise about $14.65 million in net proceeds which will help it expand its business.
        98 words
      • Article
        Lock icon UOB preparing for share buys?
        159 4 UNITED Overseas Bank (UOB) may raise funds to buy back its own shares from two associate firms, analysts told Reuters yesterday, following speculation that Singapore's second-largest lender would issue US$7OO million in debt. The wire agency quoted a market source saying Deutsche Bank and Merrill
        159 words
      • Article
        Lock icon Wee family ups stake in UOL
        74 4 MEANWHILE, the Wees continued to boost their family stake at United Overseas Land. Wee Investments, the family vehicle of Wee Cho Yaw, did two more purchases from the open market with 385,000 shares at $1.88 apiece on June 4 and 2.675 million shares at
        74 words
      • Article
        Lock icon Craft print interim loss narrows
        142 4 CRAFT Print International improved on their performance for the interim period ended March 31 with a net loss of $269,000, or 0.24 cent per share, against a loss of $1.5 million, or 1.33 cents per share, in the previous corresponding period. Turnover, meanwhile, rose 11
        142 words
      • Article
        Lock icon Hong Fok sees losses ahead
        88 4 PROPERTY group Hong Fok returned to the black for the first quarter period ended March 31 with a net profit of $7,000, from a loss of $2.4 million in the same period last year. However, it warned in a statement that it does not expect
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      • Article
        Lock icon Transmarco falls into red
        73 4 TRANSMARCO has tumbled into the red for the full year ended March 31, 2003, "due to an exceptional charge of $12 million for the impairment in the value of the group's investment in Luxury Holdings Pte Ltd". Transmarco posted net losses of 5512.5 million this year,
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      • Article
        Lock icon Hyflux buys rest off SingSpring
        81 4 WATER specialist Hyflux has announced that it has wholly taken over Sing Spring Pte Ltd, a company which is developing and will be owning the first water desalination plant in Singapore to supply water to Public Utilities Board. Hyflux has taken over the 30 per
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    • Article, Illustration
      Lock icon The bull and the buts
      778 5 "We might see some rotational interest out of the big blue-chips which are likely to pause in their run-up, and a switch by retailers and traders into the penny caps. So expect a more trading-oriented market ahead. The euphoria here is probably pre-emptive and what
      778 words
    • Article
      Lock icon August may mark VDH's comeback
      435 5  -  By Denesh Divyanathan IT was the darling stock of the early 1990s that had punters hooked on its every move. It even attracted the likes of Indonesian businessmen such as former president Suharto's son Bambang Trihatmodjo, Johannes Kotjo, Johnlin Yuwono and even Kuok Khoon Hong,
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  • Page 4 Advertisements
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  • Article
    Lock icon KLSE
    2281 5 Transaction date: Jim 6 KUALA LUMPUR ener 122 p ?2 16 J u 0 i General Soil 1.26 unch 0 ■M w- 1-000) Genting 14 20 -020 220 Georoe Kef* .0.38 -0 02 260 AIM Realty 0.76 unch 4 9f^??*? Tech Atone AM 0 10 1262 <jtom*«hd.. 166 0
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      1681 5 NOTICE OF ANNUAL GENERAL MEETING SIA Enqinggßinq COmPAITY LimiTCD NOTICE IS HEREBY GIVEN that the 21st Annual General Meeting of SIA Engineering Company Limited (the Company") will be held at the Mandarin Ballrooms 1 and 2,6 th Floor, South Tower, Meritus Mandarin Singapore. 333 Orchard Road. Singapore *****7 on Saturday,
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  • money personal finance
    • Article
      Lock icon Top losers portfolio doubles
      917 6  -  By Teh Hooi Ling We are into a new month again, and so a rebalancing was done on Monday. To make the exercise even more reaJtetic, we decided that we would sell our holdings at the day's lower bid price and buy addWonal stocks at the
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    • Article, Illustration
      Lock icon Longer lives, and more to think about
      852 6  -  Women face a range of financial planning issues, writes GENEVIEVE CUA GENEVIEVE CUA Financial planning for women: what exactly does that mean? How gender-specific is financial planning? Financial planning has no gender, says Barclays Global Investors regional director Lee Yuit Chieng. But women
      CHRIS LOH  -  852 words
    • Article, Illustration
      Lock icon Fitch assigns top rating to CMT notes
      293 6  -  By Vince Chong INTERNATIONAL ratings agency Fitch has assigned the highest "AAA" rating to a US$72 million series of fixed-rate notes to CapitaMall Trust (CMT). Once swapped into Singapore dollars, the proceeds of the notes, issued by Silver Maple Investment Corporation and maturing
      293 words
  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      477 6 Notices NOTICE Of APPOINTMENT OF PROVISIONAL LIQUIDATOR VLIFESTYLE.COM PTE LTD (Incorporated In The Republic Of Take notice that Lee Swee Siek of 27 Foch Road #02-06 Hoa Nam Building Singapore *****4 has been appointed provisional liquidator of the abovenamed Company on 2 June 2003 pursuant to Section 291 of the
      477 words
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      Lock icon Page 6 Advertisements Column 2
      404 6 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND SUCCESS AGENCY CO. (PTE.) LTD. (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of the Company held at 22 St. Patrick's Koad Singapore *****4 on the 30lh day of May 2003 at 11.00 a.m.. the following Special and
      404 words
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      Lock icon Page 6 Advertisements Column 3
      443 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 [Section 290(2)(b)) AND IN THE MATTER OF NEC MACHINERY SINGAPORE PTE. LTD. (In Members' Voluntory Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at 101 Thomson Road #15-01 United Square Singapore *****1 on the 2nd day
      443 words
    • Advertisement
      Lock icon Page 6 Advertisements Column 4
      702 6 A Links Island Holding* I united LINKS ISLAND HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING ot the Company will be held at 10 Eunos Road 8. #05-31 Singapore Post Centre. Singapore *****0 on 30 June
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      Lock icon Page 6 Advertisements Column 5
      12 6 To advertise your Notices Call toll-free 1800 289 8822 or email recruit@sph.com.sg
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  • personal investment
    • Article, Illustration
      Lock icon Delay retirement to build up more funds
      979 7  -  By Genovieve Cua IF YOtrRE near retirement, how should you position your assets to ensure not just an income for yourself and your spouse, but also the liquidity to meet "lumpy" expenses like a new car or your children's university fees? A reader,
      BT; Source: DOS  -  979 words
    • Article, Illustration
      Lock icon Ascertaining how much a stock is under-valued
      1180 7  -  show me the money Investors can get a good idea by looking at a company's cash position and analysing its operations teh hooi ling IN a prolonged bear market, investors' aversion to stocks is so severe that many times stocks end trading way
      1,180 words
  • Page 7 Advertisements
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  • money property
    • Article, Illustration
      Lock icon Before you go house hunting
      1151 8  -  Home buyers have plenty to choose from these days, and it doesn't stop at location and tenure. Now, it extends to your payment structure, and whether you want to buy a completed unit or one that is still under construction. KALPANA RASHIWALA asks some seasoned
      1,151 words
  • Article
    Lock icon Househunt Property transactions lodged in selected districts between May 29 and June 5,2003
    1057 8 District 03 NON-LANDED Aiessandrea Apt 15/04/2003 FH 1098 824 750 Clydesview Apt 06/05/2003 FH 2099 1150 548 Emerald Park Apt 07/05/2003 99 1173 540 460 District 05 NON-LANDED Blue Horizon Apt 12/04/2003 99 1216 806 663 Dover
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  • news at home
    • Article
      Lock icon S'pore developers eyeing Indon buyers once more
      537 9  -  Sars outbreak had put a stop to property exhibitions in Jakarta in March and April By Kalpana Rashiwala SINGAPORE developers are stepping up marketing efforts in Indonesia again after the Sars outbreak halted such property exhibitions in Jakarta in March and April. The
      537 words
    • Article
      Lock icon BCA group to explore building projects in India
      351 9  -  Team representing 21 firms to visit Hyderabad By Amit Roy Choudhury THE Building and Construction Authority is taking a group of 28 people representing 21 firms to Hyderabad, capital of the Indian state of Andhra Pradesh, on Monday for a fiveday visit
      351 words
    • Article, Illustration
      Lock icon Terms of trade improve in April
      369 9  -  IsIIJJ.IiIJiIJJ.I.IiI.ImI'J trade By Kenneth Lim OIL prices grew more year on year for exports than imports in April, helping to improve Singapore's terms of trade for the month, according to data from the Department of Statistics. Overall terms of trade, measured by the ratio
      Source: DOS  -  369 words
    • Article, Illustration
      Lock icon New marine aquaculture goes after bigger fish
      379 9  -  By Kenneth Lim A $33 million research centre on St John's Island aims to develop large-scale fishfarming technology that will boost the local industry eightfold. Singaporeans eat about 100,000 tonnes of fish a year, but only 5,000 tonnes are reared in local fish
      CHOO CHWEECHUA/ST  -  379 words
    • inbrief
      • Article
        Lock icon Drive to get youth to donate blood
        97 9 THE Singapore Red Cross and Singapore Press Holdings (SPH) are hoping to attract more youths between 16 and 25 to donate blood as part of the annual Red Challenge Award. The campaign hopes to encourage youth organisations to actively recruit their members to
        97 words
      • Article
        Lock icon Visit by Asean Secretary-General
        97 9 PRIME Minister Goh Chok Tong received the Asean Secretary-General, Ong Keng Yong, at the Istana yesterday. This was Mr Ong's first official visit since he assumed office in January this year. Mr Ong briefed Mr Goh on the current programmes and key priorities of the Asean
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    • Article
      Lock icon LTA gets new chief executive
      179 9 HO Meng Kit, former Deputy Secretary at the Ministry of Trade and Industry (MTI), has been named chief executive of the Land Transport Authority (LTA). He takes up his post on July 15, replacing Han Eng Juan, who is retiring from the Public Service. Mr
      179 words
    • Article
      Lock icon Spring keen on angel matching network
      160 9 SPRING Singapore is looking to set up a network to pair potential angel investors with promising business deals. Minister of State (Foreign Affairs and Trade and Industry) Raymond Lim said yesterday. "There are affluent individuals in Singapore who can be angel investors, but not
      160 words
  • Article
    Lock icon BT SHARE INFORMATION SERVICE
    993 9 for week beginning Jun 2 ;*I1M (ay No of Mc* ito*il*n| Trws M Mm Par Mm Mtar Stock Of Ofrartar Com 'B— SW S f—) CW») Ho Bee Inv 04-Jun-03 Chua Kong Ch«n 'Buy 1060 0 21 *****5 74.7 46*345 74.9 Ho Bee Inv 04-jun-03 ChuaThianPoh
    993 words
  • Article, Illustration
    Lock icon FINANCE
    612 9 Transaction date. Jun 6 DITEBBA1IK CPR&EMCT RATES Against S$ Against US$ Against S$ Against US$ Cwrnclds BM Offtf Bid Offw Cmrmctos Bid Offw BM Offf SS I SS to 100 StISS to one hnii of foreign currency: unitt of foreign Australia* dollar IMS 1.149* 0.4*45 0.1470 unnniano dollar 2210
    612 words
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  • news executive jobs
    • Article, Illustration
      Lock icon Sojourn in a distant land
      769 10  -  DANIEL BUENAS talks to professional recruiters about the increasing interest in overseas positions DANIEL BUENAS SO wrote one of the most prolific and influential poets of the 20th century, T S Eliot. Eliot was born in America in 1888, where he was raised and educated.
      REUTERS  -  769 words
    • Article
      Lock icon Before you sign on the dotted line
      518 10 WHAT are some of the things that executives filled with wanderlust should know before they make the decision to work abroad? Paul Heng, managing director of professional career management firm, NeXT Career Consulting, has these tips for nomadic executives: Examine your family situation
      518 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      20 10 Rt9QBhm^K!WJP j3^E§9^^HsßX^^9fl^v f *wnKfc Brought to you by the Jobs Task Force -s=sB! J^—- J& (§j) SMEF www employmenttown gov.sg
      20 words
    • Advertisement
      Lock icon Page 10 Advertisements Column 2
      43 10 Positions open 9 Professional and Executive Positions «Human naaouroe Business Development Executive Senior Executive Sales Executive Software Engineer Manager-Trust Fund Sales and Marketing Manager Executive Officer (Quality Assurance) •Note: Al postere featured can be found a! the wetefte httpy/careers.as«a1 oomsg Compiled by BT
      43 words
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  • news region
    • Article, Illustration
      Lock icon Senai revamp could take off sooner
      466 11  -  German consultant Hochtief says the airport's new freight terminal may be fully operational by 2004 From Eddie Toh in Kuala Lumpur THE Senai Airport project in Johor, scheduled for completion in 2006, could now be ready much earlier than that, according to its consultant.
      466 words
    • Article
      Lock icon Firms linked to detained China tycoon suffer
      397 11 Bloomberg AFP Reuters [SHANGHAI] Five companies linked to detained Shanghai tycoon Zhou Zhengyi lost about US$64O million of market value in two weeks double the wealth he accumulated to rank as China's 11thwealthiest man last year. Investors aren't waiting for the 42-year-old entrepreneur
      Bloomberg; AFP; Reuters  -  397 words
    • Article
      Lock icon Taiwan indicts former KMT financier for fiscal scams
      185 11 Prosecutors say he reaped NT$l billion in personal profits AFP [TAIPEI] Taiwan prosecutors indicted a financier of the former ruling Kuomintang (KMT) party yesterday on eight charges including embezzlement, breach of trust, corruption and securities fraud for his role in a dozen
      AFP  -  185 words
    • Article, Illustration
      Lock icon Hongkongers gamble HK$25b a year: poll
      324 11 Reuters [HONG KONG] Hong Kong people gamble a whopping HK$25 billion (555.5 billion) a year but most residents still can't get enough, a new survey shows. The average household in Hong Kong bets HKJ7SO a month on mahjong, a Chinese table game played with
      Reuters; REUTERS  -  324 words
    • inbrief
      • Article
        Lock icon Alabbar denies Air Asia equity stake involvement
        101 11 [KUALA LUMPUR] Dubai-based businessman Mohammed Ali Alabbar has denied his involvement in buying a 25 per cent stake in Air Asia, theedgedaily.com reported yesterday. In a brief statement on June 5, his spokesman said: "Mohamed Ali has not met or discussed with anyone
        101 words
      • Article
        Lock icon Anwar Aji slated to take over as managing director of Khazanah
        86 11 [KUALA LUMPUR] Anwar Aji, currently the chief operating officer of Khazanah Nasional Bhd, is slated to take over as managing director from Tan Sri Mohd Sheriff Kassim when the latter retires at the end of July, The Star newspaper
        86 words
      • Article
        Lock icon Taiwan probes possible new Sars outbreak at Taipei hospital
        98 11 Reuters [HONG KONG] Taiwan's health department is investigating a possible new Sars outbreak at a Taipei city hospital. Premier Yu Shyi-kun said yesterday, raising worries of a new wave of infections. The hospital has reported six patients suspected to have Sars
        Reuters  -  98 words
      • Article
        Lock icon Thai energy firm PTT plans bunker fuel centre
        106 11 Reuters [BANGKOK] Thailand's biggest energy firm, PTT Pic said yesterday it wanted to set up a bunker fuel distribution centre to compete with Singapore in satisfying demand for shipping fuel in SouthEast Asia. Senior executive vice-presi-dent Apisit Rujikeatkamjorn said PTT would send
        Reuters  -  106 words
      • Article
        Lock icon Deutsche Telekom sells Celcom stake to Telekom Malaysia
        93 11 Bloomberg [KUALA LUMPUR] Deutsche Telekom, Europe's biggest phone company, sold about 6 per cent of Celcom (Malaysia) Bhd to Telekom Malaysia in a transaction worth about RM435 million (*****.2 million). DeTeAsia Holding GmbH, a unit of Deutsche Telekom, sold 158 million Celcom
        Bloomberg  -  93 words
      • Article
        Lock icon Utusan shares suspended following 57% price surge
        112 11 Bloomberg [KUALA LUMPUR) Shares of Utusan Melayu (Malaysia) Bhd, the publisher of the nation's biggest Malay language newspaper, were halted from trading after the stock surged 57 per cent to a 20month high in four days. The company said it is "unaware of
        Bloomberg  -  112 words
      • Article
        Lock icon HSBC seeks authorisation to trade domestic China shares
        100 11 Reuters (BEIJING! HSBC Holdings Pic has chosen China Construction Bank to help it apply to trade US$5OO billion in domestic Chinese shares under a landmark stock investment scheme, the Chinese bank said yesterday. HSBC would apply to trade formerly locals-only A shares
        Reuters  -  100 words
    • Article
      Lock icon Cathay pilots say they want to end dispute
      408 11 But airline claims pilots' industrial tactics still going on AP Reuters [HONG KONG] Pilots at Cathay Pacific Airways said yesterday they had abandoned all tactics against management and wanted to negotiate an end to a drawnout dispute over pay and work rules,
      AP; Reuters  -  408 words
  • Page 11 Advertisements
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      917 11 MAE ENGINEERING LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of MAE Engineering Ltd (the "Company") will be held at 11:00 a.m. on 21 June 2003 at the boardroom at KA Centre, 150 Kampong Ampat #01-01. Singapore
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  • news world
    • inbrief
      • Article
        Lock icon Canary Wharf gets takeover overtures
        106 12 Bloomberg [LONDON] Canary Wharf Group Pic, the builder of the UK's largest office park, said it has received takeover approaches. The company has formed a committee to review potential bids and has hired financial advisers from Lazard LLC and Cazenove Group Pic. The company said
        Bloomberg  -  106 words
      • Article
        Lock icon Ex-Xerox execs pay to settle SEC probe
        126 12 NYT [NEW YORKJ Six former top officials at the Xerox Corp agreed on Thursday to pay more than US$22 million to settle accusations by the Securities Exchange Commission that they participated in a large accounting fraud that allowed the company to overstate its
        NYT  -  126 words
      • Article
        Lock icon All Nippon Airways requests unpaid leave
        63 12 Bloomberg [TOKYO] All Nippon Airways Co will ask its staff in Japan to take a month's leave voluntarily from Aug 1 as it seeks to cut costs to cope with the Sars outbreak. The carrier expects the programme to save between 100 and 200
        Bloomberg  -  63 words
      • Article
        Lock icon Intel narrows Q2 forecast revenue range
        41 12 Reuters [SAN FRANCISCO] Intel Corp has narrowed the range of its expected revenue for the current quarter and left the midpoint of its previous forecast unchanged at US$6.7 billion, reflecting stronger demand for its microprocessors.—Reuters
        Reuters  -  41 words
      • Article
        Lock icon ImClone up in Germany on Erbitux plans
        71 12 Bloomberg [FRANKFURT] ImClone Systems' shares jumped in Germany after the US company said it would apply for US approval later this year for its cancer drug Erbitux. The US Food and Drug Administration's rejection of its application in December 2001 set off an
        Bloomberg  -  71 words
      • Article
        Lock icon Ebbers had role in WorldCom case: report
        73 12 AP [NEW YORK] An independent review of accounting fraud at World Com Inc shows ex-CEO Bernard Ebbers participated in schemes to artificially inflate company revenues, said The Wall Street Journal. The review details how World Com sought to conceal more than US$lO billion
        AP  -  73 words
    • Article, Illustration
      Lock icon You don't have to be right always: Greenspan
      371 12 Reuters [WASHINGTON] Alan Greenspan showed his whimsical side on Thursday, telling a class of innercity students it's all right to be wrong. "It's OK to make mistakes but it's not OK not to try," the Federal Reserve chairman told a rapt young
      Reuters  -  371 words
    • Article
      Lock icon Oracle offers to buy PeopleSoft for US$5.1b
      453 12 Proposed acquisition would strengthen Oracle's position to take on market leader SAP Reuters [NEW YORK] Oracle Corp yesterday offered to buy rival People Soft Inc for US$5.l billion, a move that would bolster its flagging position in business software programs. The bid comes
      Reuters  -  453 words
    • Article, Illustration
      Lock icon NYSE to reveal how much chairman gets
      438 12 Move is part of sweeping reform of the Big Board NYT Bloomberg [NEW YORK] In the most sweeping reform of its governance in 30 years, the New York Stock Exchange said on Thursday that it will disclose how much it pays its chairman
      NYT; Bloomberg  -  438 words
  • Article
    Lock icon SGX
    750 12 Transaction date:Jun 6 TUMOVat (*M0) VALUtnaO) MI mm m wg MkAlttd M«n SC. 42' «.fH M.C* mmmMactuv 31RH0 75.SM !M4K 1SU2S 7.fW W.M4 Clinmu I42.4M 1*1 I4RDC 25,170 -H 25.705 7*041 at 71.373 77.73* M 77.774 rntm MM «44M '07.174 I07J74 Cmvucuan HJII <SJS« B.714 5,r7* W 5.7*4 mvwtw
    750 words
  • Article
    Lock icon BONDS & WARRANTS
    559 12 BONDS WARRANTS Expiry Ptwm Expiry Last Val Com U* Dhc Gmt Mths LM *o4 Cm* bar Mk Gaar Mths C—pf tola «ar Q881 toUa Pita tail Cupiiy Me «ar (HO —Hp Wta ll U» Pac Andes W*****C unch 41 1 20 14 2*1 24 AST1W*****1 43 1 16 32 3
    559 words
  • Article
    Lock icon SGX SESDAQ
    1788 12 52-Wk Lad Vol on LartQeote GrOfy Mv GrYld MM MCap 52-Mi Lift Vol On Lmtbrnf Grfftr CrtW MM MCap Wjli low Co—iy Solo W- COOP) U» »»y 5o8or S Cvr P(I 5«Ji Low Cinpn Sale f—» Cw Prt Swi 175 7.5 ABRHldgs 5c 13.5 -1 305 14 13
    1,788 words
  • Article
    Lock icon CSLOB INTERNATIONAL
    179 12 S24M UM Vol Day Last Qwotc Grttf Mr 6>TM MM MCap H0i lam Cmmmi Site W- f866> W#i t—' **f SaMar Cw Wt jJ 141 81 AVJenrimgs A25c A140cd unct> 78 140 139 138 140 40 3.4 7.1 8.2 3013 CathayPacMc MK720 *5 2.1 7.4 6 *****2 Cheung
    179 words
  • Article
    Lock icon SGX XTRANET
    202 12 Si-Mi IM Vai Day MOM GfO* M* GrVU MM MCas Mji U» a«m Ml w- C888> "Ml U» Mhr Cw 9610 89 Dtamondl US8780cd 88 8800 *020 2700 ISDJUSTedt US3740cd 555 555 IS MSO Spore USS55 ***** 8200 ISSWS00 US8270cd ***** 8280 SPDM U*****cd 9650 ***** 1680 1230
    202 words
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  • style sports
    • Article, Illustration
      Lock icon When the Belgians go marching in
      721 13  -  godfrey robert A WHOLE new ball game of tennis emerged at the French Open at Roland Garros. The tennis world bade goodbye to Michael Chang, who played his last game at the very court which propelled him to fame. It was way back in
      721 words
    • Article, Illustration
      Lock icon Making Grand Slam history
      522 13 AFP [PARIS) Justine Henin-Hardenne will not only be fighting for her slice of history when she takes to the Philippe Chatrier centre court today against fellow Belgian Kim Clijsters in the French Open women's singles final. Both 21-year-old Henin-Hardenne, who comes from the French-speaking Walloon region,
      AFP; AFP, AP  -  522 words
  • Article
    Lock icon SGX MAINBOARD
    6053 13 Transaction date: Jun 6 52-Wk Last Vol Day Last Quota GfOn Wv CrYW MM MCap Law CamgmjL Mi W- Cjjjj low S3E SS* CV M >■■ ABNAmroNLG 56c 9 12 3.4 1388 16 9 ACE Dynamics20c Med -1 20 14 14 13.5 14.5 100 142.9 13.8 21 9.5
    6,053 words
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  • style motoring
    • Article, Illustration
      Lock icon Big, honest Volvo
      545 14  -  They may both be Swedish, but the Volvo SBO 2.5T and Saab 9-3 Aero are as different as chalk and cheese. SAMUEL EE savours their appeal SAMUEL EE LIKE humans, cars can suffer a mid-life crisis too. But unlike humans, what happens to cars often produces happier
      545 words
    • Article, Illustration
      Lock icon Sassy Saab
      601 14 IT has a body so beautiful you wish you could hold it against you. With flattering Aero side skirts, a sports bumper and 17-inch wheels, the Saab 9-3 looks even more delectable. Its contoured shape is most apparent from the back, and black is the colour that perhaps
      601 words
  • Article
    Lock icon STOCKS ASIA
    4879 14 Transaction date: Jun 6 HONG KONG »«i hkhmi. i.so -0.02 6843 MO W- 000 Hong Kong Electric 30.50 010 3161 Hongkong Chinese 083 0.01 1548 Alpha General 0-28 unch 516 Hongkong Chinese Ltd 0.83 0.01 1548 Ananda WmgOn .0.01 unch 0 Hopewell Holdings 7 75 0.15 1355 Angang
    4,879 words
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  • style health
    • Article
      Lock icon secondopinion
      465 15 Q: For no apparent reason, the upper part of my left arm started to ache about two weeks ago. This is despite my not having done anything differently, such as exercising or carrying something heavy. A GPgave me Voltaren, but the ache has remained. On top of that, my
      465 words
    • Article, Illustration
      Lock icon all tired out
      905 15  -  Chronic fatigue syndrome has no known cause but its symptoms are all too familiar feeling tired all the time, having headaches and joint pains. And the problem is likely to be your digestive system. IRFAN QURESHI explains IRFAN QURESHI HAVE you ever felt constantly tired to the
      AFP  -  905 words
    • Article
      Lock icon Wear and tear in the hands
      375 15  -  By\ Seamus Phan THE human species is distinct from other animals in the agility and flexibility of our hands. Considering the frequency and motion complexity that we subject our hands to, the likelihood of wear and tear is very real Tenosynovitis the beginning Our
      375 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3126 15 UNIT TRUSTS FUNDS Com Global Health Index Fd 0 829/ Com Global Telecom Index Fd C 448/ Com Global Infotec Index Fd!" 0.307/ *Jf vf* Com Global Energy Index Fd 0.87V Star Europe Eqtyl" M3V Com Gtobd Travel Index Fd 0 666/ to K g 1 Com S pore Bond
    3,126 words
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  • style shopping
    • Article, Illustration
      Lock icon branded bargains
      608 16  -  Today, CORINNE KERK finds out what's in store at end-of-season sales held by upmarket fashion labels. Next week, kitchen and dining ware CORINNE KERK IN a bid to protect their carefully cultivated brand image, the world's most desired fashion labels always try to dissociate themselves from the mass
      608 words
    • Article, Illustration
      Lock icon on your mark...
      416 16 BCBG Sale period: Now till June 22. Best deals: Selected evening gowns at 70 per cent off. Spring stock on sale at discounts from 30 per cent. BoHo Sale period: Now till end-June. Best deals: 40 to 50 per cent sale storewide except for skincare products. From
      416 words
    • Article, Illustration
      Lock icon Zegna takes a sporty turn
      300 16  -  By Corinne Kerk IF you like the quality and style of luxury Italian menswear label, Ermenegildo Zegna, then you can expect more of the same in its inspired sports and casual wear line now available at the new Zegna Sports store in Ngee Ann City.
      300 words
    • instore
      • Article, Illustration
        Lock icon sneak peak
        121 16 Attention, tai tai moms who swear by Salvatore Ferragamo's shoes. Soon, you will be able to shod your kids' feet with the Italian label's famous footwear. Ferragamo has promised "the same attributes of quality, construction, fit and comfort" for its kids' range. For girls, there are mini versions
        121 words
      • Article, Illustration
        Lock icon Fun and flirty
        61 16 Romantics who love sweet, floral scents can look forward to the launch of Carolina Herrera's new fragrance called what else Carolina. From its packaging and bottle design, right down to its scent, Carolina is ultra feminine, with a touch of fun and spontaneity. On counters from August
        61 words
      • Article, Illustration
        Lock icon A little bit country
        62 16 If you have a kitchen that's crying out for some- thing to make it a little more country, check out this hand painted wooden egg box from England. You'll be surprised how a subtle addition like this piece will accentuate your kitchen theme. Available at $220
        62 words
      • Article, Illustration
        Lock icon A touch of frill
        42 16 Need to stand out without being too loud? This sleeveless blouse with ruffles will do the trick, with adequate frills without the spills. Designed in France, it costs $179 at Alain Figaret. City Link Mall and Millenia Walk.
        42 words
      • Article, Illustration
        Lock icon talk shop
        475 16  -  Compiled by Mike Chua and Corinno Kerk Millenia Walk Nakupelle (UK): A mad comic catches fruits and vegetables on his face (right). Opening a bottle of wine, he ends up in a one-arm handstand on top of the bottle. It's all about culinary slapstick and absurd acrobats, challenging
        475 words
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  • pursuits/wine&dine
    • Article, Illustration
      Lock icon entertainmentguide
      1235 17  -  Going out or staying in this weekend? parvatki nayar rounds up recommendations PARVATHI NAYAR cds On a commercial drive After last year's eight-million seller, A New Day Has Come, Canadian warbler Celine Dion is back with an album coinciding with her three-year run at Caesars Palace, Las Vegas. While
      1,235 words
  • Page 17 Advertisements
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      Lock icon Page 17 Advertisements Column 1
      875 17 wine&dine with weekendßT dishes in a' Tilt beverages. Qerwalterms and casual atiposphere. Till July 15, enjoy 10 per cent discount Juty 15, enjoy a 33 per cent discount or Imperial Fried Rice on your F&B bill a complimentary dessert of trie day with ordered with your Diners Club Card. Valid
      875 words
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  • style food
    • Article, Illustration
      Lock icon Courting customers
      1124 18  -  The food court is undergoing a quiet revolution as operators woo diners with gourmet tastes and modern decor. CHEAH UI-HOON reports CHEAH UI-HOON PRETZELS, pasta and pad thai used to be posh nosh found mostly in restaurants or standalone shops but until now, quite rarely in food courts.
      PHOTOS OF MERIDIEN AND TEKKAMALL FOOD COURTS BY ARTHUR LEE  -  1,124 words
    • Article, Illustration
      Lock icon United Nations of Food
      1257 18  -  From Swiss sausages to superior pasta to speciality ice cream, gourmet delis and markets in Singapore have it all, it seems. GEOFFREY EU whets his appetite GEOFFREY EU WHEN it comes to culinary representation, Singapore is a veritable United Nations of food. Foreign residents wishing a
      PHOTOS BY ARTHUR LEE  -  1,257 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      326 18 CRTPTIC CROSSWORD *roocc i( P 3 ss 5 ACROSS 7 a number in harbour? That's 1 The craftsman who makes a bad sign! (j) {adders C 7) 8 Plain redhead a dancer? 5 Stay great after a fit (7) 9 Put on as expected (7) 15 promptitude in installing au--10
      326 words