The Business Times, 16 June 2004

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Total Pages: 27
1 27 The Business Times
  • 16 1 MITA (P) 023/03/2004 85* THE BUSINESS TIMES SINGA PORE !..tc;r.ei: http://business-times.asial .com.sg WEDNESDAY, JUNE 16, 2004
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  • 808 1  -  But more of the unemployed find difficulty getting re-hired By Anna Teo [SINGAPORE] There's good and bad news on the employment front. The number of private-sector job openings rose to an 18month high in March. But more of the unemployed especially those
    808 words
  • 79 1 STI 1,820.50 (+6.44) ST INDEX FUTURES 1*820.00 (+5.00) SIMSCI 222.17 (+0.98) SIMSCI FUTURES 222.70 (+0.80) Tuesday Change KI.SE COMP 810.03 -7.58 NIKKEI 225 11,387.70 -103-96 HANG SENG 12,050.69 -25.88 SET INDEX 613.76 -0.24 JAKARTA COMP 707.41 +11.07 MANILA COMP __1 ,547.25 10.42 TAIPEI WPI 5,646.49 +72.41 SEOUL COMP 752.10
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  • 70 1 FOREX RATES US* 8$ lJS$(S$perUS$) 1.718 £(l'S$/S$ per 1.813 3.114 EI!RO(US$/S$/E). 1.205 207U YEN 110.9 64.60 RM 3.800 2.212 MKS 7.798 4.539 BAHT 40.98 2:185 RIJPIAH 9,400 5.471 RENMINBI 8.298 4.830 INDIAN RUPEE 45.32 26.38 A$ 1.465 0.853 NZS 1.607.. 0.935 PRIME RATES SINGAPORE 5.25 MALAYSIA 6.00 HONGKONG 5.000
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  • 592 1  -  BT exclusive Gross proceeds will be almost doable what it had hoped to raise here By Kenneth Lim [SINGAPORE] EC-Asia International, the only company here to have been slapped with a stop order on its initial public offering the day its invitation
    592 words
  • 1051 1  -  BT exclusive Businessman thinks S'pore's emphasis on corporate transparency will serve it well By Loh Hui Yin [SINGAPORE] Singapore's emphasis and track record on corporate transparency could help China clean up its banking system, said SP Tao, the former chairman of
    DENNIS THONG/LIANHE ZAOBAO  -  1,051 words
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    • 621 2 LATEST US INDICATORS University of Michigan's consumer sentiment index rises to 95.2 Reuters Bloomberg AP [NEW YORK] An inflation reading that is in line with expectations yesterday eased financial markets' fears that the Federal Reserve will need to raise interest
      Reuters; Bloomberg; AP; AFP  -  621 words
    • 476 2  -  They own US$6.5t of assets, or 22.5% of the wealth of the richest people From Neil Behrmann in London ASIANS account for more than a quarter of the world's richest people and control US$6.5 trillion invested in equities, bonds, property, venture capital,
      476 words
    • 602 2  -  It gives no indication when it will tighten up From Anthony Rowley in lokyo THE Bank of Japan's Policy Board decided yesterday to leave its ultra-easy money policy unchanged in the face of the strongest and most sustained economic recovery that Japan has enjoyed
      602 words
    • ON THE grapewine
      • 64 2 SINGAPORE mainboard aspirant Media Asia Entertainment Group, the Hong Kong film company behind the Infernal Affairs trilogy, has arranged a meet-the-management session for tonight. But directors could easily lose the limelight to their "supporting cast" celebrities Leon l-ai. Edison Chen. Richie Jen, Anthony Wong, Kenny Bee and Maggie
        64 words
      • 73 2 THE executive chairman of Bio-Treat Technology. Wing Hak Man, received the prestigious Excellent Award of World Environment Protection from former US President George Bush Senior at the Shanghai International Environmental Protection Forum recently. The award is jointly sponsored by the US-China Foundation, the China United Nations Association and
        73 words
    • 93 2 IN the article "KFC plans to hive off Singapore properties" (BT, June 14), we quoted a source close to the group as saying that "they don't mind selling off the Singapore business". In a letter to BT, KFC's group company secretary has said this is inaccurate. He pointed out
      93 words
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  • SINGAPORE companies
    • 637 3  -  Exchange acts to keep firms on investors' radar post-IPO By R Sivanithy, Kenneth Lim ALAN Shaw, one of the architects of the Singapore Exchange's push towards a disclosure and informationbased regime, will leave SGX in August to return to Australia. The
      637 words
    • 297 3  -  By Andrea Tan KWEK Leng Beng's Hong Leong Asia (HLA) said yesterday its chief executive officer Wrixon Frank Gasteen will step down at the end of September. HLA did not give any reason for Mr Gasteen's departure. The manufacturing and distribution arm of
      297 words
    • COMPANY Briefs
      • 81 3 MAINBOARD-LISTED Super Coffee mix Manufacturing said its Malaysian subsidiary, Super Food Technology, has entered into a contract manufacturing supply agreement with consumer giant Procter Gamble (P&G) to supply P&G potato chips under its Pringles brand. Super, whose key shareholders include food magnate Sam Goi
        81 words
      • 124 3 WATER treatment company Hyflux Ltd said its project to design, build and run China's largest seawater desalination plant would not generate any revenue until mid-2006 when it is scheduled for completion. Hyflux said funding for the project would be in place at the end
        124 words
    • 435 4 It will be the first Asian bank to provide independent research to clients Bloomberg DBS Group Holdings, Singapore's biggest bank by assets, said its Hong Kong unit hired Standard Poor's to provide its clients with independent research on funds, the
      Bloomberg  -  435 words
    • 470 4  -  It intends to issue up to 83m new units to raise $115m By Andrea Tan ASCENDAS Real Estate Investment Trust (A-Reit) will make its largest asset purchase to date of $225 million and plans to issue up to 83 million new units to
      470 words
    • 679 4  -  HOCK lock siew siow li sen WHAT'S the bet that when the local banks report their second quarter earnings sometime late next month or so, DBS Group Holdings executives will once again face a barrage of questions over the bank's treasury income or
      679 words
    • 262 5 Bloomberg KEPPEL Corp chairman Lim Chee Onn said the company expects to win more oil contracts in coming months, aided by the growing demand for new oil rigs. Keppel has been winning a number of contracts in recent months, including a
      Bloomberg  -  262 words
    • 397 5  -  Strong demand on most routes boosts passenger load factor to 68.2% By Ven Sreenivasan SINGAPORE Airlines (SIA) filled an improved 68.2 per cent of available seats in May this year, despite boosting capacity by 73.6 per cent from May last year. Singapore's flagship
      397 words
    • 288 5  -  By Carolyn Quek MAINBOARD-LISTED Addvalue Technologies which narrowed its net loss to $4.9 million for the year ended March 31 from $6 million the previous year is expecting a better showing this year as its new strategy of strengthening its marketing and distribution network gains momentum.
      288 words
    • 514 5  -  Its China fibre network plans to link up with New York's Stealth By Vince Chong VIKAY Industrial could finally be close to ending its revenue drought now that its China fibre network interests are on the brink of linking up with New York's
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    • 139 3 :.A. USt IT»t)ON'TAOSfifT, Objective When you set your sights on achieving a business objective, there may be new tasks to perform. t mu di Is speaking Mandarin one of them? lOt *—t < I MANDARIN 3 I I mu »««—«n.yi f ps*fe.; \jjSm iv^Sw "uygj^^^§TlU3ifcliTM^BiST>T3BfSw^^^n^^nß^CTX^MJ^^^^^^B With more people in more
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  • Page 4 Advertisements
    • 165 4 www.alfaromeo.com.sg gv." .^S^—^. V ;,v r *v '^l >£ mi tf^^w^^!?.^^'ifa3tfejSCTWWi»^i—1 1 "••"I'T"** r T '■-'V* **'■>' if* ''"-ft---.. *"Vf' f> > ,3*..^. ."r^-'.x^s• J*' f "-^>^ -.A. I In conjunction with the Italian Festival, in celebration of Italy's National Republic Day on the 2nd June 2004, i f i-
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  • Page 5 Advertisements
    • 150 5 USt «>Sf/fT. Competition In the race to get new business, you'll probably have to venture abroad and expand your horizons. jirig zheng Is speaking Mandarin one of them? r SO" V t ■'fife EdEEI S > v t--r -a <•> iMMm M 1 h Now the world is a scalier
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  • SINGAPORE markets
    • 634 6  -  Compiled by VEN SREENIVASAN Hyflux June IS dosing: $1.46 HYFLUX plans to spend US$9O million on a seawater desalination plant in the Chinese city of Tianjin. When completed in 2006, the membrane-based plant, with a capacity of 100,000 cubic metres (m 3) a day, will be one of
      634 words
    • 384 6  -  CHART POINT By Lim Say Boon and K Ajith, OCBC Investment Research. OCBC Investment Research. If we may indulge in a fusion of fundamentals and lechnicals, the equity marIkets currently look as if they are waiting for US Fed- eral Reserve chairman
      Source: Bloomberg  -  384 words
    • 978 6  -  BT comment CURRENCIES larry wee OVER the past one month, the US dollar has been somewhat supported, if not boosted, by a series of impressive US numbers and record oil prices which have focused currency players' attention on the prospect of
      978 words
    • 552 6  -  BT comment STOCKS r. sivanithy ALTHOUGH stocks show no sign of breaking out of their declining trading bands, there's still money to be made from intraband bounces with yesterday's 6.44-point jump in the Straits Times Index to 1,820.50 proving there's some life
      552 words
    • TRADES TO WATCH
      • 83 6 FURNITURE retailer Novena Holdings said its chief executive officer Toh Soon Huat raised his stake to 44.73 per cent from 44.69 per cent with an open-market purchase of 144.000 shares through Kim Eng Securities this week. On Monday, Mr Toh bought 115,000 of those
        83 words
      • 179 6 DAYS before Super Cofleemix Manufacturing said its Malaysian subsidiary had won the world's first contract manufacturing deal for Pringles potato chips, substantial shareholder Sam Goi, also known as the "Popiah King", increased his shareholding to 14.95 per cent from 14.76 per cent in
        179 words
      • 75 6  -  Compiled by KENNETH LIM THE London branch of Deutsche Bank has ceased to be a substantial shareholder of Thai Prime Fund with a 270,000-share sale for investment purposes. Thai Prime Fund is a 25-year closed-end fund investing in Thai securities. The bank, which previously
        75 words
    • Article, Illustration
      426 6 OTHER SINGAPORE INDICES Jun 15 VALUE CLOSE BT OB/OS -100.00 +116.00 BT CADI -*****.00 +23.00 BT 10-day MA -*****.00 -10.00 AO-SG Equities 485.33 +1.19 SG Equities Elect 160.59 +0.78 SG Equities Fin 1515.59 +13.31 SG Equities Prop 405.35 -2.65 SIMSCI 222.17 +0.98 SiMSCI Futures 222.70 +0.80 Stocfci Votow UniFiberlOc 52,376,000
      426 words

  • SINGAPORE news
    • 462 7  -  TODAY IN PARLIAMENT Tighter laws include those governing trademarks, patents and optical disc manufacture By Chuang Peck Ming INTELLECTUAL property protection in Singapore has been given a big boost. Parliament yesterday passed six bills that will tighten laws covering trademarks, patents, copyright, plant
      462 words
    • 438 7  -  By Andrea Tan THE current reverse mortgages are not attractive for Housing and Development Board lessees, said Minister for National Development Mah Bow Tan in parliament yesterday. Mr Mah said while his ministry and the Housing Board had explored the concept of
      438 words
    • IN Brief
      • 163 7 FULL-time national service for corporals and above will be cut from 2.5 to two years, starting with those to be enlisted this December. NS men enlisted for 2.5 years before then between June and November will get a four-month cut in service. And
        163 words
      • 162 7 MINISTERS and other political appointees receive pensions because their terms of service follow those of administrative officers. Deputy Prime Minister Lee Hsien Loong said. And the pension scheme has stayed relevant to administrative officers even after the civil service phased it out for most of the
        162 words
      • 83 7 LOCAL enterprises and Singaporeans gain from government-linked companies' investments overseas. Second Finance Minister Lim Hng Kiang said. Such investments help build and nurture internationally competitive businesses, he said. "This in turn enhances Singapore's economic resilience," he said. "Singaporeans and our local enterprises ultimately get to benefit
        83 words
  • Page 7 Advertisements
    • 185 7 USE IT. DON'T LOSE IT. < V~' VT, f Assets Every business has a value attached to it. However, when it comes down to you, what value do you add? zi chan Is speaking Mandarin one of them? CO y fc'V A MANDARIN t- KHbI IN 1927, THE ST. JAMES
      185 words

  • EXECUTIVE money
    • 1182 8  -  GENEVIEVE CUA looks at the pros and cons of having such accounts with financial advisers GENEVIEVE CUA BY most accounts, portfolio management services for individual investors are a niche area, but that may change as more providers get into the act. Some licensed financial
      1,182 words
    • 356 8  -  By Genevieve Cua THE Monetary Authority of Singapore is seeking feedback on a set of guidelines to deter "undesirable switching" of investment products, in a bid to clamp down on the practice of churning. Churning occurs when clients are persuaded to switch investment products to
      356 words
    • 569 8  -  By Genevieve Cua JUST about every Singaporean adult has more than one insurance policy, but it's a fair bet that most people are still under-insured. So in a bid to make pure protection plans more attractive, Manulife Financial has come up with a
      569 words
  • Page 8 Advertisements
    • 295 8 I BroadC3St/\sia2oo4l www.Broadcast-Asia.com I I CflflMHHiie/lsia2Bo4 MmriseMUßM I www.CommunicAsia.comwww.goto-EnterpriselT.com I I The most I I complete technology I I showcase in Asia I I Opening hours: I I 10. 30am 6pm daily I I > Look out for ICT Electronic Media products and solutions by I 2,200 exhibiting companies from
      295 words
    • 106 8 International Business Park (IBP) Close to Jurong East MRT station and bus interchange The Strategy 115sqm onwards Raised floor system lg^a» Column-free layout The Synergy 142sqm onwards Great tenant mix Jiw Column-free layout J Changi Business Park 10-min drive to Changi airport and close to PIE ECP The Signature 127sqm
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  • SINGAPORE news
    • 502 9  -  S'pore companies will save $700m with integrated logistics platform By Raju Chellam SINGAPORE businesses may stand to save more than $700 million as well as generate additional revenues of up to $4 billion over 20 years if they integrate their entire shipping
      502 words
    • 444 9  -  Contracts bagged include those with South Korea's KT Telecom, India's Tata Group and China Telecom By Raju Chellam TELECOM equipment giant Lucent Technologies Inc said it signed contracts worth more than US$l2O million to help Asia's telecoms service providers deliver next-generation services and solutions
      FILE PHOTO  -  444 words
    • 349 9  -  Its submarine cable project is also still on schedule By Tang Weng Fai FORMER Indian phone monopoly VSNL has underscored its global expansion by placing its international headquarters here and affirming that its end-2004 deadline for going live on a US$lOO million
      349 words
    • 301 9  -  EYE on the economy retail sales By Teh Shi Ning THE overall retail sales index rose a significant 14.4 per cent year on year in April, according to data at current prices compiled by the Department of Statistics. Excluding sales of motor vehicles, the
      301 words
  • Page 9 Advertisements
    • 330 9 mi < ear ~'m a Faster Free Nights'" at Hyatt is back. 31E5SWS$$* n f.vo stays when you pay with MasterCard from June 1 until ■pflg&|Ejtt September 30. 2004. lo participate, join Gold Passport. Current members just need to sign up. MKMAj!Ss£l= For complete details, visit goldpassport.com or call Hyatt
      330 words

  • EDITORIAL & opinion
    • 763 10  -  THE bottom line OPINION frank ching LESS than three years ago, China joined the World Trade Organization with great fanfare after having launched a global effort to win support for its cause from WTO member countries. Now, China is again launching an all-out campaign
      763 words
    • 54 10 'We are a poor country, not a fancy country, and we should not be wasting our money on monstrosities. I believe it is an insult to the people of China' Xiao Mil an architectural historian at Qinghua University in Beijing, on the controversial US$325 million National Theatre
      54 words
    • 561 10 EDITORIAL BY most unofficial counts, Gloria Arroyo has finally secured the legitimacy that eluded her in her first term as president Even so, when the Philippines Congress eventually declares her the winner, she will still face a daunting challenge to set the country's economy in order.
      561 words
    • 1017 10  -  Central banks should be cautious about raising interest rates too far, too fast From Anthony Rowley in Tokyo UNTIL a few months ago, the world was poised on the cusp of a great deflation, or so it seemed. Yet now central banks are engaging in preemptive monetary
      AFP  -  1,017 words
    • 800 10  -  By Caroline Baum Bloomberg IT must say something about fear and greed that normally sane people take leave of their senses to construct financial market conspiracy theories. Some of these theories, embarrassing as it would seem, find their way
      Bloomberg  -  800 words
  • Page 10 Miscellaneous
    • 333 10 CRYPTIC CROSSWORD ACROSS (9,3) 1 Wine transporter? (7,3) 4 A Greek id enveloped in 6 Measure that's too expen- generosity (4) sive to lose heart (4) 5 Mature su PP° rt for 18 30 9 Most organic matter, in fact, 9 rou P for instance 3 7 > has broken
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  • REGIONAL news
    • 538 11 BANGKOK Development needed in education, research to compete with rivals THAILAND, the world's No 2 maker of hard disk drives, will have to strengthen its education and research if it wants to compete with regional rivals like Singapore and Malaysia, and newlyemerging China, industry
      538 words
    • 205 11 KUALA LUMPUR THE union representing Malaysia Airlines' employees is against any plan by the airline to hive off domestic routes. New Straits Times reported yesterday. It quoted MAS Employees Union (Maseu) president Alias Aziz as saying that the union is also against
      205 words
    • 350 11  -  Environmental Holdings has tied np with Malaysia's Gadang in a new JV From Eddie Toh in Kuala Lumpur HYFLUX is not the only Singapore company that is venturing into China's huge water treatment market. On Monday, Kuala Lumpurlisted Gadang Holdings signed a
      350 words
    • NOTE Book
      • 94 11 AFP [BEIJING] Chinese measures to slow down an economy close to overheating are working, the central bank chief was quoted as saying yesterday. "In a general view, macro-control policies have had a positive effect on controlling investment," Zhou Xiaochuan was cited as saying in the China
        AFP  -  94 words
      • 82 11 Bloomberg IJ AKAKTAJ Indonesia nas raised its estimate ot tne country's oil reserves for the second time in five months as the government finds more oil in a bid to stem a fall in output. Indonesia boosted its crude oil reserves estimate to 10.82 billion
        Bloomberg  -  82 words
      • 63 11 Reuters [CANBERRA] Australia and Thailand will formalise a bilateral free trade agreement during a visit by Thai Prime Minister Thaksin Shinawatra in July, the Australian government said yesterday. "Dr Thaksin and I will witness the signing of the Thailand-Australia free trade agreement," Prime Minister
        Reuters  -  63 words
      • 65 11 AP IL.U A£iiviouuKLjj uppusea io a roie ior xviyanmar 111 European Union-Asia relations, the EU has cancelled two meetings with Asian ministers and cast doubt on an October summit of leaders. The EU ministers cancelled the EU-Asian finance ministers' meeting scheduled for July 6 in
        AP  -  65 words
    • 442 12 HONG KONG Chinachem Group of Nina Wang plans 45-storey building on Kowloon site Reuters Bloomberg LAND-HUNGRY developers bid aggressively yesterday in Hong Kong's second government land auction of the year, despite signs of a slowing property market. The urban residential site in
      Reuters; Bloomberg  -  442 words
    • 308 12 KUALA LUMPUR KIARA Hills, dubbed the Beverly Hills of Kuala Lumpur, has set a new benchmark for high-end residences with its enclave of 88 bungalows priced from RM4.5 million (Ss2 million) each, The Star reported on Monday. This compares with similar homes in
      308 words
  • Page 11 Advertisements
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      91 words
    • 327 11 fit tL A 1 i K THAI S BUSINESS SPECIAJLS MAY 2004 I JAKARTA HONGKONG CHENGDU GUANGZHOU KUNMING $549 $1349 $1349 $1349 $1349 .v>£?&'jfkpy 'I\ii ■'i W K, > J XIAMEN BEIJING SHANGHAI PUSAN SEOUL $1349 $1849 $1849 $1649 $1649 TAIPEI FUKUOKA NAGOYA OSAKA TOKYO $1649 $1849 $1849 $1849 $1849
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  • Page 12 Advertisements
    • 1318 12 NEDCOR fj Parent company of Nedbank Limited, South Africa Group Balance sheet Group Income Statement As at 31 December for the year ended 31 December 2003 2003 Rm Rm ASSETS Interest income ***** Cash and short-term funds 12 227 Interest expense 21 333 Other Short-term securities 10 610 Net interest
      1,318 words
    • 469 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF (1) FORLUK TOBACCO PTE LIMITED |2) BETAWAN PRIVATE LIMITED NOTICE OF FINAI MFFTINP, NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the abovenamed Companies will
      469 words
    • 422 12 FORM 69(3) NOTICE OF INTENDED PREFERENTIAL PAYMENT Name of Company Jackson Piling Civil Engineering Construction Pte Ltd (In Liquidation) Address of Registered Office c/o The Liquidator's Office Last day for receiving Proofs 15 July 2004 Name of Liquidator Mr. Don M Ho, CPA Address c/o DON HO ASSOCIATES Certified Public
      422 words
    • 377 12 VISIT PROMINENT INDUSTRIAL TRADE EVENTS 6-9 JULY 2004 I 10 AM-6 PM I SINGAPORE EXPO ASIA'S LARGEST INTERNATIONAL EXHIBITION SOUTH EAST ASIA'S LARGEST INTERNATIONAL ON ROTATING EQUIPMENT; FLUID. GAS AIR EXHIBITION ON HEATING. VENTILATION. HANDLING SYSTEMS INCORPORATING FLUID AIR-CONDITIONING, REFRIGERATION, AIR POWER; POWER TRANSMISSION AND FILTRATION PURIFICATION AND BUILDING CONTROL
      377 words

  • REGION world
    • 544 13 KUALA LUMPUR US$2t must be invested to meet demand over next decade, they say AFP Bloomberg CRUDE oil prices will have to average at least US$3O a barrel to stimulate the estimated investment of US$2 trillion needed to meet growing energy
      AFP; Bloomberg  -  544 words
    • 376 13 WASHINGTON US$58b merger to be effective from July 1 AP THE Federal Reserve on Monday cleared the way for Wall Street powerhouse JP Morgan Chase to combine with and absorb Chicago-based Bank One, forming the second-largest US bank with over US$l trillion in assets.
      AP  -  376 words
  • Article, Illustration
    1079 13 Transaction date. Jun 15 [MTERBAIfK CROSS RATES »S C$ Rmb Euro HK$ Ind Rs Buplah Y«n Won RM NZ$ Pa» Ri Peso S$ Rand Sfr NTS Baht Pound USS Australia 0.939 5.663 0.566 5322 30.930 64.150 0.757 7.939 2.593 1097 39.524 38.251 1.172 4.520 0.859 22.995 27.970 0.376 0.682
    1,079 words
  • 1650 13 SIC01I FUTURES Jun 15 RUBBER Futures (Closing prices) RSS1(S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jul 04 235.50 Aug 04 231.00 Sep 04 229.25 Oct/Dec 04 227.00 Jan/Mar 05 228.75 Apr/Jun 05 231.75 RSS 3 (US cents/kg) Volume Open Month High Low Sett (tonnes) Interest
    1,650 words

  • WORLD news
    • 412 14 SAO PAULO, Brazil WTO chief: consensus lacking in key areas Reuters IT is unlikely world trade talks will break a nine-month stalemate before a crucial July deadline even with the new-found "can do" spirit, the World Trade Organization chief said on Monday. Trade ministers for
      Reuters  -  412 words
    • 472 14 NEW YORK 30% of 16,000 employers polled plan to increase staff in July-Sept Reuters Bloomberg US COMPANIES are gearing up to create jobs at rates not seen since the height of the 1990s boom, a widely watched survey shows, adding to evidence
      Reuters; Bloomberg; BLOOMBERG FILE PHOTO  -  472 words
    • WORLD Watch
      • 107 14 Reuters [SAN FRANCISCO] Yahoo Inc plans to give its paying e-mail customers 2 gigabytes of storage and boost the size limits on free accounts, raising the stakes in the e-mail war with Web search rival Google Inc. Yahoo said on Monday it had
        Reuters  -  107 words
      • 93 14 Reuters [WASHINGTON] Foreign mvestors retamed their appetite for US assets in April, according to a Treasury Department report yesterday. Net inflows of capital totalled U5576.2 billion in April, though this was down from the revised US$BO.7 billion in inflows seen in March, Treasury said.
        Reuters  -  93 words
      • 58 14 AFP [TOKYO] German business software giant SAP AG s merger talks with Microsoft Corp last year never got serious, SAP senior vice-president Stephan Rossius said. "There was never a formal discussion or negotiation between the two companies," Mr Rossius said. The two companies acknowledged last
        AFP  -  58 words
    • 187 14 Bloomberg [NEW YORK] New York City's economy grew at a 7 per cent annual rate in the first quarter, its best performance in more than four years. For the first time the city also outpaced the US growth rate since the
      Bloomberg  -  187 words
    • 195 14 NEW YORK Reuters LEHMAN Brothers Holdings Inc, a Wall Street investment bank known for its bond business, yesterday said quarterly profit rose 39 per cent, helped by strong debt and equity underwriting. Its net income increased to US$6O9 million, or US$2.Ol per share, in the
      Reuters  -  195 words
    • 568 15 PARIS Opposition from France, Belgium, Italy and Spain may block IASB rule NYT THE effort to impose an accounting rule that would force European banks to disclose the market value of their investments in derivative securities ran into an obstacle on Monday
      NYT  -  568 words
    • 321 15 WASHINGTON Reuters THE top US accounting regulator has warned corporate auditors against charging fees based on the results of services, such as tax work, sold to audit clients. In another sign of regulatory concern about conflicts of interest among auditors, Donald Nicolaisen, chief
      Reuters  -  321 words
  • Page 14 Advertisements
    • 1415 14 To advertise call toll-free 1800 289 8822 Email: notices@sph.com.sB COURTS Courts (Singapore) Limited Notice of Annual General Meeting *i I'*i NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the Rattles City Convention Centre, Level 4, Enterprise Room, 2 Stamford Road, Singapore *****2
      1,415 words
    • 875 14 In The Matter (X The Companies Act. Cap. 50 And In The Matter Of JOS DISTRIBUTION PTE LTD (In Voluntary Liquidation) Members' Voluntary Winding lip At an Extraordinary General Meeting of the Members of the abovenamcd Company duly convened and held at 55 Übi Avenue I #03-15 NTUC Building. Singapore
      875 words
    • 92 14 Call toll-free 1800 289 8822 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Companies Winding Up No. 92 of 2004/ X In the Matter of Companies Act (Chapter SO) And in the Matter of LONGHOUSE THOMSON PTE LTD (RC No. *****2067Z) NOTICE OF WINDING UP ORDER In the Matter
      92 words

  • 7032 15 Transaction date:Jun 15 52-Wk Ttl Last Vol Day Last Quote GrfMv Dtv GrVW Net MCap High Low Coda Company Sate fOOO) High Low Buyer StUm S Cvr P/t SmW 25.5 6 5716 1stSoftware5c 10.5 +0.5 660 10.5 10 10.5 11 41.7 57.9 32.9 5834 A-Sonic 5c 34 -0
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  • 1837 15 Q4* Id LMt ¥fll Oay LwlQoou GrtMv CW fttW Hal MCaa M* U» OA r III I| iate w f) M0| law S Cw W |J at m w u «is n i« 12.5 11s k v 4? ITS ?1ff AfCMfc- -295 *01 tot 295 29 29 295
    1,837 words
  • 326 15 H-<m T«I im tM a*r UOIQMM GfOv on emu MM mcjb Iwm Cmt» CIWW M» w- rWW W» Ho «T» Cw Ht fcii j;i 14! WOO AVJtnnrai A2Sc AI97ca 1 11 199 197 1» '98 ¥> 88 Vt 75 4H 6001 C»thayPa<20c MK720 »5 JI 7 < 6
    326 words

  • 4970 16 Transaction date: Jun 15 HONG KONG Vol HK Exchanges Clearing .15 60 -0.05 3518 HKS '000 HKRInt'l 2 28 unch 5061 Hong Kong Electric— 33.20 0.10 3334 Aeon Credit 4.50 unch 0 Hongkong Chinese 0.94 -0.02 16 Aeon Stores 5.50 unch 0 Hopewell Holdings 14.20 0.20 267 Alpha
    4,970 words
  • 2524 16 Transaction date. Jun It KUALA LUMPUR Genting 15.S0 0.10 403 Vo l George Kent 0.82 0.02 65 RM C000) GlobetroniaTech 0.54 0.01 433 Glomac Bhd .2.34 -0.02 34 ASM Realty 1.32 unch 0 Gold Bridge Engrg 0.40 unch 49 Abric 0.61 unch 44 Golden Frontier 0.76 unch 5 ACP
    2,524 words
  • 907 16 Transaction date. Jun 15 ft a— O—f| §—tkmm W> Ow Omm» Allgreen 50c 0.30 0.980 NOL 1.74 2 220 +0.040 BIL Irrtl US20c 0.40 0.770 +0.010 OCBC 9.30 12.100 Capitaland 0.97 1.310 -0.040 Parkway H 25c 0.59 1.150 +0030 Chart SemiCond 26c 1.15 1.370 People s Food HKSOc 0.42
    907 words
  • 792 16 BONDS WARRANTS Prem Expiry Tel Last Vol Corn Exer Disc Gear- Mths Code Company Sale ♦Of- COOP) Ratio Price ing left 3779 ASl Marine Hldgs W*****1 16 1 53 42 3.03 46 3698 AST1W*****1 305 1 16 -3 1.57 0 3697 Acma Ltd W*****6 .0.5 1 50 742 12.00 5
    792 words
  • Page 16 Advertisements
    • 33 16 M A nllCr* ThißlsimssTiviin ■0 H J Insiders'trades. Brokers'recommenJations. Dividend table. I UvjOl i IjOO I liTlljO lul Ah H The pages also cover transactions by directors and substantial shareholders. IV M I
      33 words

  • ARTS festival
    • 594 17  -  Theatreworks' Sandakan Threnody seeks to make history by telling it, says Sangeetha Madhavan Sangeetha Madhavan WHEN Singapore Arts Festivalcommissioned Sandakan Threnody by Theatreworks makes its debut on Friday, it'll seek to make history by simply acknowledging it. Home to timber tycoons in its heyday, the
      594 words
    • 687 17 Gold Merchant partners of the Citibank Gourmet Pleasures programme Equinox and Jaan play host to two of the world's renowned chefs at the annual Chefs with Altitude event this week. Citibank invites its cardmembers to this gala event and offers exclusive privileges
      687 words
    • 331 17  -  By Michael Hu IN today's enlightened world, everyone knows that it's perfectly fine for men to dance. No longer are male dancers referred to as sissies or wimps. Instead, they are celebrated artists who hold their own against their female counterparts on stage. But
      331 words
  • 4864 17 UNIT TRUSTS FUNDS S BSel Eqty Dividend Pf 04 (SGD) 0 9854/ S BSel Eqty Dividend Pf 04 (USD) 0973V ASM Antra Asset Mgt (S pore) Commertunk Asset Mgt Star Europe Eqty!" 0.733/ Com Global Finance Index Fd 0.979/ Star Europe Bond 1.227/ Com Global Lifestyle Index Fd 1.034/ Star
    4,864 words
  • Page 17 Advertisements

  • BT motoring
    • 476 18  -  By Samuel Ee CHINA is Volkswagen's largest single market outside its home market of Germany, and contributes 20 per cent to the carmaker's profits. As VW's biggest growth market, it is hardly surprising that the German carmaker is pouring in 5.3
      476 words
    • 983 18  -  BT exclusive Volkswagen's share of the China market may have dropped from 50% to 31% but its top management is unfazed and shares its plan on staying ahead with Samuel Ee Samuel Ee CHINA'S biggest carmaker, Volkswagen, is seeing its market share slip but
      Source: Volkswagen; SAMUEL EE  -  983 words
  • Page 18 Advertisements
    • 175 18 pmm operation hours 1200hrs to 1430hrs 1800hrs to 2300hrs for dining reservation tel 6333 1 788 email rangmahal&hind.com.sg Pan Pacific Singapore Level 3 7 Raffles Boulevard Marina Square Singapore *****5 Where to wine, dine and entertain... FATHER'S DAY CELEBRATION SPECIAL JAPANESE BUFFET DINNER 19 20 June Don't miss this wondrous
      175 words
    • 133 18 Doily Lunch Fusion BufFet $15.80*^♦(Adult) *$10.80+ +(Chltd-Below 12yrc) Indulge In Smoked Salmon, Mussels, Nasi Brlyani, Nasi Lemak, Atee Skim and lots more. Mon Fri from 11.30 am 2pm Daily Dinner Fusion Buffet •$17.80* +<AduM).sl2.Bo* ++(ChM-Betowt2yrs) Savour our freshly Imported Chilean OYSTERS, SASHIMI, Rot! Prata local delicacies NkjhHy from 6.30pm I
      133 words
    • 109 18 A U Experience The Divine Tastes Of Ifef Thailand 4TH 17TH JUNE 2004 Feast on the divine tastes of Thailand by special guest chefs Jira Kaewsongsri and Decha Chunhakhantharot. Also presented daily, a visual treat featuring Kae-sa-lak by fruit and vegetable carving artist from Thailand, Ms Funefa. ADULT CHILD LUNCH
      109 words
    • 29 18 MERITUS MANDARIN SINGAPORE CHINESE CULINARY CLASSICS Reservations: IWfyvi 6831 6262/66 Hes«m«x CHINESE RESTAURANT MERITUS MANDARIN tttu 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411. Fax: +65 6732 2361.
      29 words

  • SHIPPING TIMES
    • 712 19  -  IMB centre urges Indonesian authorities to take immediate action By Donald Urquhart [SINGAPORE] A sharp rise in kidnap and ransom cases in the northern Malacca Straits off Sumatra has prompted fresh warnings to the shipping community from the Kuala Lumpurbased Piracy Reporting Centre (PRC).
      AFP FILE PHOTO  -  712 words
    • PORT Shots
      • 127 19 (SINGAPORE] Regional Container Lines Public Co Ltd (RCL) is one of the 85 companies to achieve good corporate governance, according to a Corporate Governance Baslining study done in Bangkok. This assessment was made based on guidelines set by the Organisation of Economic Cooperation and Development
        127 words
      • 111 19 [SINGAPORE] NYK Line has received this year's Ford Motor Company's "world excellence award" for environmental leadership. Ford's Corporate Citizenship Award for Environmental Leadership recognises environmental achievements and innovation. NYK, the only logistics supplier to achieve this recognition, was also commended for its continual improvement in
        111 words
      • 105 19 AFP [SEOUL] South Korea's Daewoo Shipbuilding and Marine Engineering Co said on Monday that it has obtained five new orders worth US$1.1 billion. The new contracts include the building of three LNG carriers for Norway's Bergesen dy ASA, one LNG carrier for Greece's Marangas, three
        AFP  -  105 words
    • 179 19 Reuters [SINGAPORE] China's largest oil and gas firm PetroChina plans to rent more oil storage space in Singapore to boost its trading portfolio, traders said yesterday. PetroChina, also China's second-largest refiner, had a one-year lease from June 2003 for 20,000 cubic metres (126,000
      Reuters  -  179 words
    • 307 19 SGX '000 Jun 15 SS *1- Vol CH Offshore 0.37 0 01 103 ChuanHup .0.51 0.01 346 Cosco Investment 0.76 0.01 7366 CWT Distribution 0.47 unch 0 Ezra Hldgs .0.97 -0.02 1742 Freight Links 0.10 001 441 GB Holdings .0.82 unch 11 Jaya Holdings 0.83 unch 1802 K1
      307 words
    • 285 19 Xinhua [YANGON] Survey work has started on a deep-sea port project at Mawlamyine in Myanmar's southern Mon state, a local news journal reported on Monday. The report said the project is expected to contribute to the development of the east-west corridor under the
      Xinhua  -  285 words
    • 335 19 Xinhua [MANILA] Philippine antismuggling czar Angelo Reyes yesterday ordered his National Anti-Smuggling Task Force to intensify operations against big-time smugglers operating at the Manila International Container Port. Mr Reyes issued the order after inspecting at least four containers used for smuggling rice,
      Xinhua; REUTERS  -  335 words
    • 1030 20  -  STRAIT TALK By David Hughes THE International Maritime Organisation (IMO) is a UN agency and it does the bidding of its member states. Its function is, broadly speaking, to facilitate the formulation and adoption of conventions which establish international regulations for the safe
      FILE PHOTO  -  1,030 words
    • 186 20 PAGE Alianca 3 AAL 5 Avant 6 Bank Line 4 B'tang Mas 5 BSA 4 BTL 6 CMACGM 3 COSCO 3 China Shpg 5 Confer 6 Crocodile Line ....4 CWT Globelink ...4 Delmas 4 Dongnama 3 EP Carriers 6 ECL 3 Eng Lee 6 ESP Lines 4
      186 words
    • 12428 24 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 30/06 26/07 Alianca CAP BONAVISTA 403W 65-*****161 To ABIDJAN (ABJ) 2003 Cot* D'lvoire 30/06 26/07 NYK CAP BONAVISTA 403S 65-*****123 23/06 30/07
      12,428 words
    • SHIPS IN PORT
      • 544 26 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL AN GIANG 5 2/04 J15 A/SIDE 16/06 0200 BAYSWATER228 E4146 J3 A/SIDE 16/06 0230 MERKUR DELTA *****N J18/19 A/SIDE 16/06 0900 NIC0 3 1106 J7 A/SIDE 16/06 0630 RIGENA 428W J24/25 A/SIDE 16/06 1400 SPRING ACCOR 5A J23 A/SIDE
        544 words
      • 1726 26 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX SAKURA 031N 031N 1 19/06/2004 15:00 20/06/2004-03:00 ACX SWAN 1Q2N 102N 1 19/06/2004 15:00 20/06/2004-01:00 At MUTANAB8I C299W C299W 1 19^06/2004-15dX) 20*06/2004-03:00 ALAMJAYA AJ002 AJ002 1 18/06/2004-12:00 18/06/2004 20:00
        1,726 words
      • 115 26 JnnlO Sweden: Mid Summer Day. Jon 22 HK: Tuen Ng Festival. Taiwan: Dragon Boat Festival. Jail Canada: Canada Day. HK: HK Spe Adminis. Jul 4 USA: Independence Day. Jul 14 France: National Day. Jul 15 Brunei: HM The Sultan's Birthd. Jul IS SKorea: Constitution Day. Jul 19 Japan:
        115 words
      • 828 26 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        828 words
      • 596 26 Carbon 180 Mat 986.7 0.3 14.3 0.04 46 0.02 Jun 3 Density Water Residue AshAluminium Sediment No above E25 0 0 0 0 7T7; 380 Ave 987.0 0.2 13.7 0.04 31 0.02 Exxon 380 Max 993.2 0.7 17.7 0.07 68 0.07 KG/M-3 v/v m/m m/m ppm
        596 words
    • AIR & LAND transport
      • 933 27 The project to replace Lockheed's P-3 Orion could be worth US$44b by mid-2030s NYT [WASHINGTON] The US Navy on Monday awarded a US$3.B9 billion contract to Boeing Co to replace a fleet of submarine-hunting airplanes from Lockheed Martin Corp one of
        NYT; AP  -  933 words
      • 41 27 [YANGLING, China] Workers trying to remove derailed oil tankers in Yangling in China's Shaanxi province, on Monday. The rail link between Shaanxi and the western Xinjiang Autonomous Region was cut off by the derailment which killed two people. REUTERS
        REUTERS  -  41 words
      • 107 27 Bloomberg [FRANKFURT] Fraport's Frankfurt Airport, Europe's second-busiest airfield, handled 11.9 per cent more passengers in May as demand for travel recovered from war in Iraq and severe acute respiratory syndrome outbreak. The number of travellers using Frankfurt Airport rose to 4.4 million
        Bloomberg  -  107 words
      • 301 27 Bloomberg [CAPE TOWN] Airports Company South Africa Ltd, which owns and operates South Africa's nine biggest airports, may bid for stakes in India's two main airports after receiving a request from possible partners, chairman Tommy Oliphant said. India plans to
        Bloomberg  -  301 words
      • 260 27 Reuters [AMSTERDAM] Dutch airport operator Schiphol has offered 400 million to 500 million euros (SsB24 mil-lion-Ssl billion) for a 70 per cent stake in Belgium's state-controlled BrusselsZaventem airport, a newspaper reported yesterday. Schiphol, which runs Amsterdam's airport that is one of the
        Reuters  -  260 words
      • 291 27 Man armed with fake explosives, knives and guns boards 12 flights AFP [PARIS] A confidential test carried out at French airports last year revealed dramatic security loopholes, after a passenger carrying fake explosives and weapons managed to board a dozen separate flights,
        AFP  -  291 words
      • 193 27 AP [MIAMI] A federal judge has dismissed a lawsuit by disabled fliers seeking better access to 10 airlines, ruling that US$3.2 billion in bailout money paid to the carriers after the 2001 terrorist attacks did not make them subject to the Americans with
        AP  -  193 words
      • 2316 27 CITY FLIGHT ETA FLIGHT ETO S0147 2230 ****** 1915 MdlMt BA7381 1840 LH9770 2300 Drtro# NW11 0040 NW12 0605 LH9771 1840 S0229 2300 Mau $0435 0550 BG85 1745" 0F81 1840 BG84 1625 S0436 2030 *??*> Doha 0R638 1130 Aastcrtm GA975 0855 KL838 2255 ggg S0403 0730
        2,316 words
  • Page 19 Advertisements

  • Page 20 Advertisements
    • 864 20 I TO USA/CANADA I I EXPORT I I OTHER DESTINATIONS I I VESSEL VOY PKG j ETA SIN 110N6 »EACH| DALLAS HOUSTON MEMPHIS CHICAGO HEW YORK TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) PiO NEDUOYD KOBE 40E25 15/06 16/04 02/07 06/07 09/07 07/07 07/07 10/07 VOY ETA SIN —PKG —fsT"| —wT~| SYD~|
      864 words
    • 572 20 Ngn»y Singopore Snipping Association g LILY LINE MALE /vessel voy eta ha eta A P. KLAHG SPORE MALE Maid Star 549 16/06 19/06 29/06 Kota Teguh XTGI29 25/06 05/07 Maid Carrier 748 02/07 05/07 13/07 Princess Lily 0504 10/07 12/07 20/07 ULY MARINE SERVICES PTE LTD II No. 11 Cal)w
      572 words

  • Page 21 Advertisements
    • 843 21 I" ij )i jk f 7_ J fljH MOL Combines a range of shipping modes to ensure timely, reliable services covering major ports in Norm America, Europe, Japan, Asia, Africa Oceania. Also accapt Intro-Ask Cargoes to: MJSAN KWANGYANG SHANGHAI YAHTIAH XIAMEN QMGDAO BiLAWAN JAKARTA SURABAYA KAOHSWHG lAHGKOK lAHW CHAIAHG HCKHIMINH
      843 words
    • 2222 21 ADDITIONAL NEW WEEKLY "ADX" SERVICE TO EAST MEDITERRANEAN ON EVERY FRIDAY SINGAPORE TO ISTANBUL -15 DAYS GENERAL AGENTS IN SINGAPORE: 16 RAFFLES QUAY #36-01 SALES/BKGS TEL *****157/43 FAX: *****321/24 I SEMIS!" 1 E ITD SKST SSB? SBBS S&S I SINGAPORE IO thessaloniki -lADAYS UNO: n/i/nww* TIL 6226 1900 (MAIN) T/SHIP
      2,222 words

  • Page 22 Advertisements
    • 1379 22 VESSEL VOY I SIN I PKL PXB BAB PMM BIK CHABAHAR iKHORRAMSHAHRI IRAN SATTARI PC***** 17/06 16/06 27/06 28/06 04/07 06/07 08/07 10/07 IRAN KORDESTAN PCL 8036 24/06 SKIP 07/07 06/07 15/07 17/07 19/07 21/07 IRAN SHAHRYAR PCL 8035 27/06 28/06 08/07 07/07 16/07 18/07 20/07 22/07 IRAN SATTARI PCL
      1,379 words
    • 518 22 UK CONTINENT SERVICE Loading (or KEELUNG RTM/ATW/BMNAJK/NAN C CHAMP RTM/ATW/BMN/UK/NAN Loath Singapore, E7W Malaysia. Indonesa MIDDLE-EAST SERVICE Loading for PAN VOYAOER DBl/ABU/DO H/BRN/DMM/KWT PAN BRIGHT ADN/HDD/JDH/AQA PLAMFR DBL/ABU/DO H/BRN/DMM/KWT AMARYI I IS DBl/ABU/DO H/BRN/DMM/KWT *Lo*da Singapore, EVW. Malaysia, Indonesia USA SERVICE Loading for SIFNOS BAY CAM/NOL/NFK/SAV/TPC TAUROA POINT VCW/LAX/MZL 'Loads
      518 words
    • 795 22 VOT SM POU VTStfl SHI um 12/06 u/m jmmi sm 13/ M »/m 14/06 U/M MIAIAMEXP 2003 11Z04 UM Hill! is/06 is/M PAcmnm mi le/m u/* PACIANDA 1232N H/M 17/ M AUMJATA 2 8901 20/ M 22/ M PAC RANPA 1233N 17/06 U/M MC RANOA 1234N 19/ M 70/06 jANDA
      795 words

  • Page 23 Advertisements
    • 754 23 WIJWJWI TIGER WAVE 194N 19-20/06 25 27/06 03-04/07 PEARL 195N 22 23/06 294)1/07 07 08/07 TIGER SKY 196N 26-27/06 02-04/07 10 11/07 197N 29 30/06 06 08/07 13 14/07 198N 03-04/07 09-11/07 17 8/07 ■2LI2iUSiiIfI TIGE,! sPlRl^^oB^l?l9/o^?2B^^W^n RXmRIH DALIAN 649 18-19/06 26-28/06 06-07/07 I ■UUIUXPRES LHOTSE 603 20-21/06 29 01/07
      754 words
    • 955 23 FREIGHT LINKS EXPRESS PTE*LTD* 51 Penjuru Road, 3 Level, Freight Links Express Logisticentre, Singapore *****3 WEEKIY n SAILTNO° m S9 NHAVA SHEVA NEW DELHI MUMBAI KARACHI CHENNAI PLS CAU FOR BOOKING 6267 4694/5535/5541/5508/5514/5551/5560/5563/5565/5569/5553 ■{> *^L PROJECT 6r HEAVY LI FT CARGO Lawrence Lim 6267 5555, H/P: 9749 1977 lawrence@flesin.com.sg Adrian
      955 words
    • 1089 23 I\V V m 7j I .f) m S'pofe Agents: Ml Shtppiag Af**rr (S) Pta M (CR NO; 165M*****4Z) I &nierasia Mines u SUPER TO HONG KONG JAPAN 1 -®L -?sLLiil J*L i£_ vea wl m i» hkg oai km smz to r<* WUUMW 7 '0/W 14/06 11/06 20/04 MOtEIBN(IY NOOi
      1,089 words
    • 179 23 BREAKBULK CONVENTIONAL SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI Ivtssa I VOYAGE ETA SIMCAfOBE ETA KARACHI [oiitroi 077HW 21 27 06 04 01-02.07.04 I Malofcond 1 022HW 30.0714 G-wd SEA-PAC MANAGEMENT PTE. LTD. 70 Anson Rood #17-07/08 Apex Tower, Singapore *****5 Telephone: 6270 0977 II Facsimile: 6275 2309 Telex: RS
      179 words



  • Page 26 Miscellaneous
    • 110 26 I REGIONAL J Issued by Meteorological Service Division.NEA LEGEND: Thunderstorm Wind speed symbols Showers Fu circle w/o line indicates calm or light and variable winds R a j n One half fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots x Hazy A -One solid triangle represents
      110 words