The Business Times, 3 July 2004
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2004-07-03
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The Business Times
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Title Section17 2004-07-03 1 THE BUSINESS TIMES weekend MITA (P) 023/03/2004 85C SINGAPORE JULY 3-4. 2004 internet httr busness-t:mes asm! .com.sg17 words
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682 2004-07-03 1 Siow Li Sen - Malaysian group emerges as biggest shareholder with 28.2% stake, wants to vote against share placement By Siow Li Sen [SINGAPORE] Malaysian businessman Vincent Tan is challenging tycoon Oei Hong Leong's position in Informatics Holdings, as it emerged yesterday that Berjaya Leisure Capital and a682 words
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Article, Illustration61 2004-07-03 1 ARTHUR LEE [SINGAPORE] Singapore Airlines chief executive Chew Choon Seng and Jaeger-LeCoultre CEO Jerome Lambert hosted a party for members of SlA's exclusive PPSfrequent-flyer club at the Shangri-La hotel last night. The event was held to launch a 60-piece SIA-JLC limited-edition watch that commemorates the nationalARTHUR LEE - 61 words
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Article, Illustration553 2004-07-03 1 Chuang Peck Ming - Asians now account for 20% of trade in Japanese bourses By Chuang Peck Ming [SINGAPORE] After a decade in the doldrums, Japanese corporations big and small are making an aggressive comeback in Asia. And they are looking not just for investment opportunities, but also seekingARTHUR LEE - 553 words
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544 2004-07-03 1 Eddie Toh - Warmer relations seen boosting investments From Eddie Toh in Kuala Lumpur TWO major Singapore institutional investors, the Government of Singapore Investment Corporation and Temasek Holdings, are getting more active in the Malaysian stock market even before the exchanges of the two countries launch544 words
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Page 1 Advertisements
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Advertisement16 2004-07-03 1 in the PAGE 14 A State of the Chinese economy and its implications for ,J>!Mre investors16 words
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Advertisement10 2004-07-03 1 SOUND SIGHT Projecting the big picture. PAGE 15 8 M10 words
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Advertisement78 2004-07-03 1 CONVE^ATION Sadako Ogata: award-winning aid worker. RAGE 3 Looking for red flags in Informatics' accounts Page 8 •Cpß Mfc Breguet. La passion laisse des traces. Lc Reveil du Tsar Man's Classique alarm wnstwatch in 18-caral yellow gold Self-winding movement With small seconds and date Second time-zone indicator Silvered gold dial,78 words
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Advertisement28 2004-07-03 1 weeKenc if ll^— i HEALTH rv New frontiers aanw nbra i n C\ sui^ery. SP B J 17 New BPsia-S'pore business council to deepen economic ties, Pg 928 words
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news front
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537 2004-07-03 2 Tang Weng Fai - Energy authority to review regulations in bid to improve stability and security of S'pore's power supply By Tang Weng Fai [SINGAPORE] The government will review regulations with a view to allowing the watchdog Energy Market Authority (EMA) to penalise those responsible for gas-supply537 words
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729 2004-07-03 2 LATEST US INDICATORS Jobless rate holds steady; new factory orders drop in May Bloomberg Reuters AP [WASHINGTON] US companies added fewer than half the number of jobs that were expected to be created last month, raising concern that the economic expansion isBloomberg; Reuters; AP - 729 words
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516 2004-07-03 2 Yogi Aggarwal - Foreign operators keen on Delhi, Bombay deals From Yogi Aggarwal in Bombay WITH a July 20 deadline looming for expressions of interest, airport operators around the world including Singapore's Changi have been bombarding the Airports Authority of India (AAI) with questions about the privatisation516 words
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Page 2 Advertisements
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Advertisement491 2004-07-03 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: Simonne Toh T:+6s 6535 3382 F:+6s 6535 3991 E: singapore@ocra.com.sg 24491 words
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the raffles conversation
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Article, Illustration2096 2004-07-03 3 ANTHONY ROWLEY - Japan International Cooperation Agency president Sadako Ogata is on a mission to revitalise support for Japan's shrinking aid programme. ANTHONY ROWLEY speaks to the award-winning humanitarian ANTHONY ROWLEY IF some people are "born to lead" then Sadako Ogata, president of the Japan International Cooperation AgencyAFP - 2,096 words
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Page 3 Advertisements
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Advertisement74 2004-07-03 3 The Raffles Conversation is brought y to you through a special J arrangement with Raffles I J I I I ZAP International Hotels and Resorts. JLXjdJLL The Traveller's Palm in the Raffles International logo is an apt symbol. INTERNATIONAL Not only has water stored at the base Hotels Resorts the74 words
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news companies
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Article, Illustration709 2004-07-03 4 r sivanithy - market review r sivanithy HAVING been obsessed about US interest rates for months on end, it must have come as a relief to most players that after a rate rise was finally delivered, everything went as expected and the impact was relatively muted. This709 words
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Article78 2004-07-03 4 sn 1,839.33 (4.85) ST INDEX FUTURES 1,849.00 (-4.00) SIMSCI 223.63 (-0.85) SIMSCI FUTURES 224.30 (+1.10) Friday Change KLSE COMP 830.68 +158 NIKKEI 225 11,721.49 174.52 HANG SENG *****.13 -*>5.82 SET INDEX ***** +0.93 JAKARTA COMP —745.03 +15.22 MANILA COMP —.1.590.64 -196 TAIPEI WPI 5.746.70 -90.21 SEOl LCOMP 755.42 22.6178 words
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Article70 2004-07-03 4 FOREX RATES US$ S$ ISS (SSperl'SS) 1716 £(ISS/SS per 1.819 3.121 El'RO(l'SS/SS/E). 1.216 2.0X7 YEN 1(19.0 63.50 RM 3.800 2.215 HK$ 7.800 4.546 BAHT 40.72 2:1.73 Rl'PIAH 9,165 5,341 RENMINBI R277 4.824 INDIAN Rl'PEE45.92 26.76 AS 1.419 0.827 NZS 1.565 0.912 PRIME RATES SINGAPORE 5.25 MALAYSIA 6.00 HONGKONG 5.00070 words
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508 2004-07-03 4 Wong Wei Kong - Gains from Times House, Belgacom divestments boost earnings; core business improves By Wong Wei Kong MEDIA group Singapore Press Holdings (SPH) yesterday reported a sharp increase in earnings for its third quarter ended May 31, 2004, on the back of asset sales508 words
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507 2004-07-03 4 Wong Wei Kong - Counter rises as market awaits news on how company will unlock value By Wong Wei Kong UNITED Overseas Land (UOL) was back in focus yesterday after it said its board will meet next week to discuss a financial adviser's report on how507 words
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274 2004-07-03 5 Chen Huifen - Proceeds will go towards funding its expansion plans By Chen Huifen NETWORK solutions provider DMX Technologies Group is placing out 60 million new shares to raise $54.7 million to fund its expansion plans. The private placement, at 93.8 cents a share,274 words
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209 2004-07-03 5 A DELAY in product launches has dented EDMI Ltd's first-half performance. The designer and manufacturer of electronic revenue meters, which was listed on Sesdaq in October last year, yesterday warned of a loss for the six months ended June 30. In February this209 words
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Article, Illustration680 2004-07-03 5 Loh Hui Yin - Heads of China Aviation Oil and Cosco Corp explain how listing here has benefitted their businesses By Loh Hui Yin SINGAPORE should capitalise on its good relations with the Chinese government and attract more Chinese stateowned enterprises (SOEs) to list here, theFILE PHOTO - 680 words
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Article, Illustration355 2004-07-03 6 Uma Shankari - Interbrand suggests 2 ways, establish a niche and package S'pore or Asian values to appeal internationally By Uma Shankari SINGAPORE companies generally do not boast a strong brand overseas despite greater awareness of the importance of branding in recent years, according355 words
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Article161 2004-07-03 6 HONG Kong-based Daka Designs yesterday launched an initial public offer of 77 million new shares at 20 cents each. Two million shares will be sold to the public and the rest will be placed out, including 2 million Internet placement shares and 3 million shares reserved161 words
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Article, Illustration547 2004-07-03 6 Taila Krishnakumar - UOB Kay Hian sees local marine groups gaining from greater oil exploration By Taila Krishnakumar SINGAPORE'S offshore and marine stocks are a great way to buy exposure to the offshore oil-and-gas sector, which is poised to benefit from higher exploration and production (E&P) spending,FILE PHOTO - 547 words
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306 2004-07-03 6 Taila Krishnakumar - By Taila Krishnakumar LOCAL financial portal Sharelnvestor.com will convey information about its listed clients here to overseas markets through a tie-up with global information provider Factiva. "Sharelnvestor assists over 125 listed companies in creating awareness for them, and this is where the relationship with Factiva306 words
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corporateroundup
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87 2004-07-03 6 SEMBCORP Logistics has sold its remaining direct holding of 2.08 million shares in Shenzhen Chiwan Petroleum Supply Base Company Ltd in the open market at an average price of HK55.27 (551.16) per share generating net proceeds of $2.4 million. The book value of the shares87 words
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Article27 2004-07-03 6 HENRY Koh Gek Leng, executive director of furnishing and bedlinen group Mayfran International Ltd, resigned from the company with effect from July 1, 2004.27 words
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29 2004-07-03 6 SVERRE Ording Fjeld resigned as independent director of Nera Telecommunications Ltd from July 1. He also ceased to be a member of the audit committee.29 words
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Article117 2004-07-03 6 FRASER and Neave's wholly owned subsidiary Times Publishing Ltd has entered into a joint venture with Shanxi Xinhua Printing Co Ltd. The deal, through Times Printers Pte Ltd, will result in the forming of Shanxi Xinhua Times Packaging Printing Co Ltd with an initial registered117 words
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70 2004-07-03 6 SINGAPORE Aircraft Leasing Enterprise (SALE) has undergone a change in its shareholding structure following the transfer of a 35.5 per cent stake held by Seat-tie-based Boullioun Aviation Services to the US lessor's parent company WestLß AG of Germany. The remaining ownership of SALE is unchanged70 words
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65 2004-07-03 6 THAI Danu Bank ceased to be a subsidiary of DBS Bank yesterday. "This follows the successful completion of the tender offer by Thai Military Bank for all the outstanding securities of DBS Thai Danu," DBS Group Holdings said yesterday. It added that with the65 words
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63 2004-07-03 6 SES Systems, a wholly-owned subsidiary of ST Electronics, has bought a 25 per cent stake in IT services firm Sandz Solutions (Singapore) Pte Ltd for $2 million. The purchase is not expected to have any material impact on the consolidated net tangible assets per63 words
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44 2004-07-03 6 GUANGZHAO Industrial Forest Biotechnology Group's initial public offering of 128 million new shares at 22 cents each closed on July 1 with a subscription rate of 1.9 times. The public tranche of 9 million shares were subscribed 13.84 times.44 words
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Page 4 Advertisements
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Advertisement126 2004-07-03 4 BEZEL THE WATCH COLLECTORS' GUILD SWA tfvuyxrfwre/ 3, 7 nternatwnal *$IlatcA 2004 A RARE AND PRIVILEGED OPPORTUNITY to offer your exclusive timepiece for auction amongst Singapore's most discerning watch-collectors. Showcasing internationallyacclaimed watches, our auctioneer will offer you the opportunity to be part of a ground-breaking inaugural auction at SIWA, the126 words
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Advertisement703 2004-07-03 4 Exit Offer by Kim Eng Capital Pte. Ltd. for and on behalf of World Peace Industrial Co., Ltd and Prime Future Technology Limited to acquire all the issued ordinary shares in the capital of WPG International Limited On 2 July 2004, WPG International Limited (the "Company") announced that the shareholders703 words
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Advertisement19 2004-07-03 4 Releasing a financial statement? Call 1800 289 8822 or email notices@sph.com.s9 to book your advertisement in our newspapers now.19 words
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Advertisement322 2004-07-03 4 9f19M8 CaU taß-free 1800 289 8822 In the Matter of The Companies Act Cap. 50 and In the Matter of CHROME WHEELS PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Compony duly convened and held at 2 Havelock Road, #06-08 Apollo Centre, Singapore *****3322 words
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Page 5 Advertisements
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Advertisement895 2004-07-03 5 SATS SINGAPORE AIRPORT TERMINAL SERVICES LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Singapore Airport Terminal Services Limited (the "Company") will be held at the Mandarin Court, Level 4, Grand Tower, Meritus Mandarin Singapore, 333 Orchard895 words
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Advertisement274 2004-07-03 5 How will China economy land? Page 7 iim OPTIONEnCS PROUDLY PRESENTS the COURSE The Secret to High Profit-Low Risk Trading At this unique FREE SEMINAR, I hedge lund manager I I you will learn how it is possible to: SfU Trade on the NASDAQ and U.S.A. stock author. BM option274 words
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Page 6 Advertisements
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Advertisement27 2004-07-03 6 A focus on the emerging listed smallcaps which have the potential to be tomorrow's blue chips. The pieces discuss the fundamentals and the outlook of the smallcaps27 words
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dbs investment roundtable
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Article, Illustration3052 2004-07-03 7 Panelists look at the massive growth engine's impact on the region and what will happen if it slows down THE Chinese economy grew at a torrid pace of 9.7 per cent in the first quarter of this year probably the fastest pace in the world.PHOTOS BY CHRIS LOH - 3,052 words
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Page 7 Advertisements
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Advertisement41 2004-07-03 7 a DBS The DBS Investment Roundtable is brought to you by DBS. It aims to help the investor make informed decisions by providing a platform for experts to discuss the impact of current market issues and concerns. DBS hotline No: 1800-*****2241 words
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money personal investment
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Article519 2004-07-03 8 VEN SREENIVASAN - Compiled by VEN SREENIVASAN SembCorp Marine July 2 dose: 95.5 cents SEMBCORP Marine is looking to buy a significant stake in China's unlisted Cosco Shipyard group, which would give the Singapore company a share in repair yards in Nantong, Dalian, Guangzhou and Shanghai. Cosco Shipyard's clients include large shipping519 words
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tradestowatch
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Article68 2004-07-03 8 CHIEF executive of Miyoshi Precision Andrew Sin Kwong Wah's deemed stake in the company has risen to 40.85 million shares or 14.72 per cent from 14.68 per cent following an open-mar-ket purchase of 100,000 shares at 18 cents each by his spouse Pek Yee Chew on68 words
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Article73 2004-07-03 8 AN open-market purchase of 300,000 shares in Panpac Media Group yesterday by Fontana Investments Pte Limited at 13.5 cents apiece raised managing director and chief executive Ricky Ang Gee Hing's deemed stake to 6.06 per cent or 27.7 million shares from 6 per cent. Mr Ang73 words
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Article68 2004-07-03 8 SUBSTANTIAL shareholder and former CEO of Freight Links Express Holdings, David Lim Teck Hiang, saw his direct stake in the company pared further from 6.55 per cent to 6.46 per cent on Thursday as a result of a sale of 800,000 shares "initiated by financial68 words
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Article65 2004-07-03 8 SCHRODER Investment Management has become a substantial shareholder of China Flexible Packaging Holdings Limited following a purchase as investment adviser for clients. The purchase of 313,000 shares on Monday at 76.91 cents apiece raised its deemed stake in the plastics packaging maker to 5.05 per cent65 words
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Article56 2004-07-03 8 TAILA KRISHNAKUMAR - Compiled by TAILA KRISHNAKUMAR FUND manager Chartered Asset Management pared its deemed stake in Sincere Watch Ltd to 10.16 per cent from 10.23 per cent after a series of openmarket transactions on Monday and Tuesday. The sales involved a total of 47,000 shares. The watch retailer's56 words
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224 2004-07-03 8 Siow Li Sen - By Siow Li Sen UNITED Overseas Bank (UOB) has jazzed up its youth savings account, packing it with features and making it accessible online. The bank said yesterday that it will relaunch its TX account on Monday as an online savings224 words
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Article, Illustration759 2004-07-03 8 teh hooi ling - show me the money teh hooi ling SO, Informatics overstated its revenues and understated its expenses which resulted in inflated earnings figures. In other words, the numbers did not reflect the true and fair view of its business. While some of the headline numbersSource: Bloomberg - 759 words
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Article974 2004-07-03 8 for week beginning June 28 Subsantial My No of Mc* SHAREHOLDING Trans Shareholder Sefl Shares Par lefore After Stock Date Director Com 000 Shr S COOP) fOOO) Armstrong 1-Jul-04 Chow Goon Chau 'Sell ***** 0.14 *****7 45.91 *****7 42.97 Armstrong 1-Jul-04 Ong Peng Koon 'Sell *****974 words
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Page 8 Advertisements
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Advertisement34 2004-07-03 8 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and t/1 substantial shareholders. wk J|K In other words, fjn| mg news you can use. j||| gm J w)| Bfll h34 words
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news at home
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403 2004-07-03 9 Angela Tan - Company to comply with IDA's December 2003 ruling By Angela Tan THE government yesterday said former monopoly Singapore Telecommunications must slash its prices for some phone services by as much as 50 per cent. The Ministry of Information, Communications403 words
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Article, Illustration509 2004-07-03 9 Daniel Buenas - By Daniel Buenas SINGAPORE Airlines is in the "final stages of negotiations" with American aerospace giant The Boeing Company for the purchase of 7E7 Dreamliner aircraft, and the company is interested specifically in the 7E7-3 and 7E7-8 models, a senior Boeing executive hasBloomberg - 509 words
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542 2004-07-03 9 Chuang Peck Ming - Trade ministers also unveil an expanded fund to help businesses venture abroad By Chuang Peck Ming SINGAPORE and Malaysia yesterday made a big move to forge even closer economic ties with the formation of the Ma-laysia-Singapore Business Council, comprising business leaders from542 words
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Article, Illustration606 2004-07-03 9 Chuang Peck Ming - SM Lee praises President Nathan for exemplary service By Chuang Peck Ming NOT bad for one who Senior Minister Lee Kuan Yew said last night started life as a thamby an office boy. S R Nathan has risen, as Mr Lee recounted, to become a topJOYCE FANG/ST - 606 words
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285 2004-07-03 9 Teh Shi Ning - By Teh Shi Ning THE Ministry of Health will introduce a new Medical Services Package (MSP) for cardiology and cardiothoracic services at all public-sec-tor institutions on Monday. Aiming to help patients in the subsidised B2+, B2 and C classes stretch their health dollar, the285 words
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Article2342 2004-07-03 9 Transaction date: Jul 2 KUALA LUMPUR <**"9 woo o.4o sis Vo l George Kent .0.79 -0.01 147 RM rooo) Globetronics Tech .0.50 unch 2275 GlomacBhd .2.24 AOS 1136 ASM Realty 1.31 -0.03 10 Gold Bridge Erigrg .0.39 0.01 186 Abrit .0*0 -001 54 Golden Frontier .0.75 0.01 5 ACP2,342 words
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news region
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512 2004-07-03 10 Eddie Toh - Transaction effectively turns UEM into a contractor for the land parcel it is surrendering to the state govt From Eddie Toh in Kuala Lumpur THERE is unlikely to be a Universal Studios theme park in Johor but there could512 words
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Article, Illustration292 2004-07-03 10 [PUTRAJAYA] Malaysia's rubber industry is set to bounce back as a vital contributor to the economy, reports The Star. In a reversal of plans, there is now renewed support from the Malaysian government, which wants a bigger acreage planted with rubber, especially in SabahFILE PHOTO - 292 words
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421 2004-07-03 10 Import growth of 26.5% falls short of analysts' forecasts Reuters [KUALA LUMPUR] Malaysian imports rose a slower-than-expected 26.5 per cent in the year through May, signalling a possible moderation in future exports as demand from key markets such as China slows. Intermediate goods,Reuters - 421 words
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266 2004-07-03 10 Reuters [KUALA LUMPUR] Malaysia's second-biggest independent power producer Tanjong pic may bid for a major power and water project in Abu Dhabi, United Arab Emirates, industry sources said yesterday. The project would probably cost at least US$l.6 billion on a replacementReuters - 266 words
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Article, Illustration486 2004-07-03 11 System would suspend trading in stocks if prices plunge abruptly [HONG KONG] The Hong Kong stock exchange is considering introducing a "circuit breaker" system to control trading volatility, in an attempt to make the market less vulnerable to speculative attack and panic selling,AFP FILE PHOTO - 486 words
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410 2004-07-03 11 More investment needed to discover new fields: minister Bloomberg [JAKARTA] Indonesia, South-east Asia's biggest oil producer, will be unable to prevent production declining within four years without increased exploration spending to find new fields, Energy Minister Purnomo Yusgiantoro said. The Organisation of PetroleumBloomberg - 410 words
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Article, Illustration435 2004-07-03 11 Shoeb Kagda - From Shoeb Kagda in Jakarta MEMBER nations of the Asean Regional Forum (ARF) should launch a second front in the war on terrorism by focusing on its emotional or psychological dimension, Singapore Foreign Minister S Jayakumar said yesterday. Addressing the 11th ARF435 words
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inbrief
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137 2004-07-03 11 Bloomberg Reuters [HONG KONG] HSBC Holding pic and Bank of East Asia Ltd were among Hong Kong lenders to keep their best lending and savings rates unchanged after tfre Hong Kong Monetary Authority raised its base rate for overnight lending 25 basis pointsBloomberg; Reuters - 137 words
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76 2004-07-03 11 Reuters [KUALA LUMPUR] A unit of Malaysia's Genting Bhd has been awarded a production sharing contract for the Anambas gas block in Indonesia's West Natuna, the firm said yesterday. Genting said Sanyen Oil Gas Ltd signed the 30-year contract with BPMIGAS, the Indonesian governmentReuters - 76 words
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99 2004-07-03 11 AP [SHANGHAI] South China's drought-struck boomtown of Shenzhen has barely enough water to last another month, state media reported yesterday, though officials say neighbouring Hong Kong's water supply will not be affected. A prolonged drought and heat wave have left Shenzhen's reservoirs at just aAP - 99 words
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Article802 2004-07-03 10 Transaction date: Jul 2 TURNOVER (*000) VALUE f000) TW Mate Mq Total Multilnd 10,722 10,722 IS 452 15 452 Manufacturg 159,694 14,199 173.893 \J6.3A6 1.885 *****1 SZXr"? 809 66.389 43.459 149 43.608 Tpt/Stor/Com 50,738 5 50,743 124,813 5 124.818 Finance 22,207 27 22,234 98,581 14 98.594 Construction 6,701 1,329802 words
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Article415 2004-07-03 10 BONDS WARRANTS as a>c— asja as 'g'c'g "J J 1 H IS 3697 I I 1 50 677 1300 *4 in i I -01 1150 I 3602 AmtekW*****0 .7S5 1 33 J 22 ,f S& |S$ fQJgglHsEZ -0.1 1024 5 MoT £££3532&» IS 05 il a 35 3774 11 Sl415 words
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Article1540 2004-07-03 10 a w <& era, ""i: a«"g SB 26 12.5 5000 ABRHIdgsSc 14.5 nc i a e 72*5 165 1502 tsnWcZZT?. JQ 1)5 386 50 485 49 5 N9 1 09 U? 30 5 J 11 $1 m 185 li 2 j 2 5 g] 43.5 19.5 3479 Aqua-Terra4c1,540 words
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Article193 2004-07-03 10 Hk*"lL. 2d. wol Day Lait Quote Gfttv Dtv GrVW Net MCap Hy Lai Cotft Company Sate W- fOOO) HI0I Urn, luyw Safcf Cw WE 13 228 mm r^K^o" 9^ 51 cd 2 420 199 196 197 19 8 44 10.6 5.6 6.2 426.1 SSI CathayPac20c HK720 265 2193 words
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Article219 2004-07-03 10 I* Lart Vol Day LastQuote GrDw Div GrYld Net MCap High Low Code Company Sate w- rOQO) High Low «4iyr Sdtor Cor Wt hJ 2060 2000 6065 Diamonds US2060cd 2120 6095 IS DJ US Tech™ US3740 6097 IS MSCI Spore US5S5 6101 ISS&PS00 US8270 ********** 6170 SPORS US*****219 words
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Article4903 2004-07-03 11 Transaction date: Jul 2 "»-s» a a a -a a sagy* a s s> s?j u 3 s s w? o, ,.i .si 8 5300 ABNAmroNLG 56c 9 30 7, 405 5 N9 7 0 6 M-* "4 2i U 15 SfcM" 2 ?i S is J] 24,903 words
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news world
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584 2004-07-03 12 The 500 largest US corporations are sitting on US$554b of cash, and analysts fear they are running out of opportunities to make investments to generate incremental growth Reuters [NEW YORK] US corporations have impressed investors with stronger earnings and lower costs,Reuters - 584 words
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Article, Illustration795 2004-07-03 12 Global growth likely to ease as major govts take action Reuters [LONDON] The heat may finally be coming out of the sizzling world economy, just as central banks and governments in Washington, London, Zurich and Beijing start to turn down the gas. TheReuters; AFP - 795 words
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Article, Illustration372 2004-07-03 12 NYT [LONDON] The chairman of J Sainsbury, Britain's oldest supermarket chain, stepped down on Thursday after heavy criticism of his £2.5 million (Ss7.B million) bonus, which was awarded despite the company's poor results in 2003. The chairman, Peter Davis, will leave a yearNYT - 372 words
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Article670 2004-07-03 13 It pays US$2m to settle SEC allegations that it improperly tried to stoke interest in 4 Asian IPOs Bloomberg [NEW YORK] Goldman Sachs Group Inc agreed to pay US$2 million to settle US regulators' allegations that it improperly tried to spur interest in four AsianBloomberg - 670 words
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Article, Illustration654 2004-07-03 13 Study shows sales of upmarket goods grew 27.7 percent in first five months Reuters [MILAN] The big spenders are back. As the economy picks up and confidence returns, the luxury goods business in the United States is sprinting out of a three-year slumpReuters; REUTERS - 654 words
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inbrief
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90 2004-07-03 13 Bloomberg [PRINCETON] Global sales of semiconductors rose to U5517.32 billion in May, up 36.9 per cent from May 2003, the Semiconductor Industry Association said. The association said that the increase is normal for May, traditionally one of the stronger months for semiconductor sales.Bloomberg - 90 words
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104 2004-07-03 13 AFP [MOSCOW] Russia's crisis-ridden oil giant Yukos warned it might be forced to halt production as its stock plunged by nearly a fifth yesterday after being slapped with a new multi-billion-dollar tax bill. The company said late on Thursday that all its currentAFP - 104 words
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98 2004-07-03 13 Softbank denies Cable Wireless talks Bloomberg [TOKYO] Softbank Corp, Japan's second-largest provider of high-speed Internet service, denied a report it's in talks to buy the Japanese unit of Cable Wireless pic. "There are no such negotiations at the moment," said Hideo Azuma, a spokesman for Tokyobased Softbank. Softbank is inBloomberg - 98 words
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119 2004-07-03 13 Reuters [DUBAI] A group linked to Al-Qaeda vowed to renew attacks on Europe and urged Muslims to flee once Osama bin Laden's three-month truce ends on July 15, two Arabic-language newspapers reported yesterday. "To the European peopleyou only have a few more days toReuters - 119 words
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152 2004-07-03 13 Reuters [NEW YORK] Ousted press baron Conrad Black moved on Thursday to block his former company Hollinger International from selling the Telegraph newspaper, filing a lawsuit in an attempt to seek a veto over the deal. Mr Black's lawsuit brought by holdingReuters - 152 words
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Page 12 Advertisements
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Advertisement478 2004-07-03 12 Call toll-free 1800 289 8822 APOLOGY NOTICE I, Mr Frankij Chandra, NRIC No *****316H has done something wrong and has upset Mr Chong Ken Wui Frederick NRIC No *****795Z very much. I hereby sincerely apologise to him and I promise that I will not repeat the same mistake in future.478 words
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Advertisement425 2004-07-03 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 and IN THE MATTER OF MORORAN IMPEX PTE LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN lhai the Creditors of the abovenamed Company, which is being wound up voluntarily, are required on or before 3 August 2004 send in their names425 words
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Advertisement415 2004-07-03 12 Belmont *****,*****5q.ft. Bishopgate *****,*****5q.ft. Camden Pk *****,*****5q.ft. Elevated WoollertonPk *****/5000 sq.ft. Old Holland Rd ***** sq.ft. Gallop Rd ***** sq.ft. Urgent Leedon Pk *****/9000 sq.ft. Tropical Nassim *****,*****5qft Third Ave ***** sq.ft. Country House $6.sMneg! Fifth Ave ***** sq.ft. 55.5 M C*U Now!! KH Tan 6738 1191 [BHL Call toll-fret415 words
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Advertisement528 2004-07-03 12 289 8822/ Email: PodccsOsph.com.sg PROGEN PROGEN HOLDINGS LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Progen Holdings Ltd (the "Company") will be held at 12 Woodlands Loop, Singapore *****3 on 19 July 2004 at 9.00 a.m.528 words
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Advertisement29 2004-07-03 12 > Li an he Zaobao I Shake-up I I for M'sian car I I industry due to I I limited space I [growth J «ilSfc4 j I iftsiHiwps I I29 words
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Article4361 2004-07-03 13 UNIT TRUSTS FUNDS Commenbank Asset Mgt Com Global Finance Index Fd 0.973/ asm Aim Acort im K'noMt Com GM»I WesWe Index Fd 1.024/ AIM A<nro Asset Mgt !Spore) Com Global Health Index Fd 0889/ •,°,S Com Global Telecom Index Fd 0.486/ Com Global mtotec Index Fd!" 0.365/ C® IKI n4,361 words
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Page 13 Advertisements
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Advertisement12 2004-07-03 13 Providing multi-style investment solutions for your lifestyle needs n z l Drcsdner12 words
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style motoring
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Article, Illustration1094 2004-07-03 14 GEOFFREY EU - driving style Vincent Wong has sped down the rough lanes of Loyang and made it halfway through a race from London to Sydney. And the car-lover shows no signs of slowing down, says GEOFFREY EU GEOFFREY EU HE may not exactly have petrol coursing throughARTHUR LEE - 1,094 words
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Article, Illustration987 2004-07-03 14 SAMUEL EE - Sporty station wagons have left their load lugger labels behind. SAMUEL EE tries out two models SAMUEL EE OVER the years, nothing has oozed more machismo and at the same time cooler understatement than an estate with fat wheels. But unlike the boxy station wagons of987 words
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Article, Illustration634 2004-07-03 14 Reuters [DETROIT] Toyota Motor Corp was the highest-rank-ing automaker in an annual US vehicle quality survey released this week, with its Lexus luxury brand winning top honours for the 10th consecutive year. The closely watched JD Power and Associates survey of long-termReuters - 634 words
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style sound&sight
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Article, Illustration901 2004-07-03 15 THAM CHAIK KONG - Nothing beats a projector for a large-as-life cinematic experience. THAM CHAIK KONG takes a look at what's in the market THAM CHAIK KONG THOSE looking to be bowled over by large-as-life visuals in their home theatre systems can opt for big-screen projectors. They can now choose from901 words
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Article853 2004-07-03 15 District 1 NON-LANDED 7T» Riverside Piazza Apt 14/0604 99 1055 555 526 District 2 NON-LANDED to" 1 Apt 10/06/04 99 581 401 690 Districts NON-LANDED The Anchorage Apt *****4 FH 1830 950 519 Districts NON-LANDED TheGrandhUI853 words
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Article, Illustration604 2004-07-03 15 Transaction date: Jul 2 atTERBAXK CUBBEMCY RATES C,r. K l., .T"' Of, 3T Carrtnclti .*3""" tf"' ■SMS* to 100 SS/USS to one unit of foreign currency: units of foreign Australian dollar ***** 1.2097 0.7042 0.7048 curreru V: Canadian dollar 1.2860 1.2877 0.7497 0.7502 Hon 9 k<>n '21-99 22.01 12.8199604 words
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style health
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Article, Illustration1150 2004-07-03 16 JANE BRODY - Women should shed those extra kilos before getting pregnant or face increased risk of complications, reports JANE BRODY JANE BRODY NYT I REMEMBER well the days when women were told to gain no more than 10.8 kg in the nine months of pregnancy. I remember, too, beingNYT; FILE PHOTO - 1,150 words
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Article, Illustration701 2004-07-03 16 your health questions answered What Is the 24-hour heart monitoring service you mentioned in your article on advances In bypass surgery on June 18? Vanessa Lee The 24-hour heart monitoring service, offered by Parkway Group Healthcare, Singapore is a service for patients with a history of heart problems, family701 words
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Article, Illustration641 2004-07-03 17 ANDREA TAN - Last week we focused on headaches, the triggers and treatments. This week, ANDREA TAN looks at new frontiers in brain surgery ANDREA TAN J rain geryisrealflH BB ly m safe not HH scary seems," says thy Lee, consultant neurosurgeon at Parkway Group Healthcare, and associate professor at641 words
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Article, Illustration756 2004-07-03 17 Loud snores don't just irritate your bedmate, they could even be a symptom of sleep apnoea, reports ANDREA TAN CAN those loud snores be silenced? Relief is at hand. Snoring is not just a social problem but could also raise medicalARTHUR LEE - 756 words
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Article4584 2004-07-03 16 Transaction date: Jul 2 HONG KONG Vol HK Exchanges Clearing.15 95 -0.05 4357 HKS 000 HKR Inf I ...2.40 -0.03 1557 Hong Kong Electric 32.30 unch 3731 Aeon Credit .4.65 0.05 30 Hongkong Chinese 0.93 unch 266 Aeon Stores ....5.45 0.05 54 Hopewell Holdings 16.00 0.30 720 Alpha4,584 words
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Page 17 Advertisements
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Advertisement386 2004-07-03 17 W A WT PARKWAY GROUP HEALTHCARE PTE LTD (SINGAPORE) East Shore Hospital, Gleneagles Hospital, Mount Elizabeth Hospital The International Healthcare Provider of Choice Parkway Group Healthcare, Singapore, is one of Asia's largest private healthcare providers with an extensive network of hospitals and integrated healthcare facilities in Singapore and the region.386 words
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style shopping
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Article, Illustration1528 2004-07-03 18 CORINNE KERK - For the sartorially challenged or someone who simply doesn't have the time to shop for clothes, personal shoppers who can help you pick flattering outfits complete with matching accessories are hard to come by in Singapore. Among the department stores, only Tangs offers a personal shopperTHE LINK, TANGS PHOTOS BY ARTHUR LEE - 1,528 words
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instore on the shelves at the malls
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Article, Illustration41 2004-07-03 18 TAKE another look. These are Moreschi pure leather loafers. The denim is just for effect. Light and comfortable, they come with pretty hand cross-stitches and stylised rubber sole. Available at $525 at Moreschi, Ngee Ann City.41 words
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Article, Illustration98 2004-07-03 18 LONGINES' longstanding relationship with the Olympic Games continues with the production of another prestigious timepiece. Featuring either a silver brush finish or a black varnished dial, it comes with Arabic numerals enhanced with the Olympic Rings and protected by a scratch-resistant, nonreflecting cambered sapphire crystal.98 words
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Article, Illustration42 2004-07-03 18 MIKE CHUA - Compiled by MIKE CHUA THE limited edition artglass paperweight, entitled Exotica, is stunning under any warm light. Designed by Helen MacDonald, only 100 pieces were produced worldwide. Priced at $1,388, two of them are available at Nova Efx, Raffles Citv42 words
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style design/wine&dine
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Article, Illustration863 2004-07-03 19 GEOFFREY EU - personal space Where architect Shirley Tsou lives is also where she works. With sensitive use of space, she has transformed a 1,550 sq ft 3-bedroom apartment into two complementary units. GEOFFREY EU takes a look GEOFFREY EU WHEN architect Shirley Tsou first stumbled onto a light-filled threebedroomPHOTOS BY ARTHUR LEE - 863 words
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Page 19 Advertisements
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Advertisement796 2004-07-03 19 wine&dine with weekendßT The Blue Elephant Restaurant award-winning fragrant,crispy pratas available in its daily over 50 items on the buffet table, the chef s special Mon to Fri, 12pm to 2.30pm. High Tea: Sat, Sun and #01-06 Millenia Walk, 9 Raffles Boulevard. buffet. Prices starting from $23+++.* drunken prawns and796 words
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Page 19 Miscellaneous
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Miscellaneous222 2004-07-03 19 CRYPTIC CROSSWORD 6 They are the ones in suits 9f 10 Demonstration of spiritual 11 Doubly a matter of chance Standard weapon, in a jM SHHBHf put one's foot down (5,2) MjllHjjHHH MBf £{HQjj|| JB__ in an offensive way (10) DOWN 14 A sign that a professional YESTERDAY'S SOLUTION 1222 words
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style food
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Article, Illustration2146 2004-07-03 20 Is upmarket French dining a dying trend, given the penchant for mid-priced, bistro-like restaurants? While there aren't many of them in Singapore, the consensus seems to be that so long as you offer a good product at the right price there will always be people who are preparedCHRIS LOH - 2,146 words
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Article, Illustration792 2004-07-03 20 Geoffrey Eu - By Geoffrey Eu BY ALL accounts, it was the wedding of this, or any other, millennium. Last week, with an ornate ballroom at Versailles Palace and the Tuileries Gardens in Paris as magnificent backdrops, Londonbased steel tycoon Lakshmi Mittal lavished an astounding 55 millionCHRIS LOH - 792 words
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