The Business Times, 27 July 2004

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Total Pages: 24
1 24 The Business Times
  • 13 1 THE BUSINESS TIMES MITA(?) 029/03/2004 Internet: http://business-times.asial .com.sg SINGAPORE TUESDAY, JULY 27, 2004
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  • 775 1  -  Strong results from semicon giants contrast with firms' own doubts By Raju Chellam [SINGAPORE] The wild gyrations in the global tech sector from paranoia to euphoria and back to paranoia is puzzling both market analysts and industry experts as they seek
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  • 596 1  -  He faces Megawati, who came in second, in Sept 20 run-off From Shoeb Kagda in Jakarta EX-GENERAL Susilo Bambang Yudhoyono topped round one of Indonesia's first direct presidential election and faces incumbent Megawati Sukarnoputri in a Sept 20 run off. Mr Bambang, an
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  • 78 1 «n 1,855.98 (+5.72) ST INDEX FUTURES 1,850.00 (-3.00) SIMSCI 225.24 (+0.70) SIMSCI FUTURES 225.20 (+0.80) Monday Change KLSE COMP 838.49 +0.29 NIKKEI 225 11,***** -27.78 HANG SENG *****.83 -33.16 SET INDEX 633.42 -15.05 JAKARTA COMP 761.80 -166 MANILA COMP 1,543.26 -1556 TAIPEI WPI 5,331.71 -4114 SEOUL COMP 73&21 -150
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  • 73 1 FOREX RATES US$ 5$ US$ (SS per USS) 1.720 £(US$/S$ per 1.839 3.163 El'RO(TS$/S$/E). 1.216 2.091 YEN 109.7 63.80 RM 3.800 1210 HKS 7.800 4.536 BAHT 41.14 23.92 Rl'PIAH 9,115 5,300 RENMINBI 8.277 4.813 INDIAN RUPEE 46.29 26.92 AS 1.406 0.817 NZ$ 1.567 0.911 PRIME RATES SINGAPORE 5.25 MALAYSIA
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  • 529 1  -  Move aimed at providing early warning to public By Genevieve Cua [SINGAPORE] If you receive a cold call from someone with a pitch for a "surewin" investment, be on your guard. Yesterday, the Monetary Authority of Singapore published a list of unregulated entities for the
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  • Page 1 Advertisements
    • 158 1 MM PROPERTY Good class bungalows ride wave buying p 9 B \y r DANIEL ROTH rv k Ellipsocurves with phases of the moon "T| V "The Ellipsocurvex is an innovative Master Complication timepiece with an elarged and slightly curved versio of Daniel Roth's double ellipse case. The elaborated face of
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    • 770 2  -  But US companies' investments in S'pore increase by US$5.1b last year By Chuang Peck Ming [SINGAPORE] Singapore businesses appear to have pulled virtually all of their direct investments out of the US last year, withdrawing US$65O million to a net negative
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    • 522 2  -  It's teaming up with Reliance in US$200m fond By Loh Hui Yin [SINGAPORE] Temasek Holdings is tapping India's capital-hungry energy sector with Reliance Industries group, the country's largest private sector company. The Singapore investment company, which wants to be a global equity house, and
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    • 509 2  -  Govt to restructure Bakun dam project, rethink Felda float From Eddie Toh in Kuala Lumpur THE Malaysian government will go ahead with the Bakun dam project in Sarawak, defer the listing of its massive plantation cooperative, and award more government contracts
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  • Page 2 Advertisements
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  • SINGAPORE companies
    • 544 3  -  Home market expected to benefit from improving economic fundamentals By Andrea Tan NEWS of a small but psychologically important rise in asset prices after 18 months of declines cheered property counters yesterday. Property stocks featured prominently in the top gainers' list
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    • 521 3  -  By Kenneth Lim POSSIBLE "serious legal ramifications" held Informatics Holdings back from making public the full report from its independent auditors on the circumstances relating to financial misstatements in quarterly results, the education service provider said yesterday as its new chief executive gave an
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    • 607 3  -  HOCK lock siew angela tan CHARTERED Semiconductor Manufacturing may be a good boy this year, delivering its second profitable quarter after three years of losses, but word has it that Santa may give the world No 3 chip foundry a miss this
      Source: Bloomberg  -  607 words
    • 462 4  -  It will make takeover offer for DB Breweries and plans to delist it By Joyce Koh REFLECTING its strong commitment to its business in New Zealand, Asia Pacific Breweries (APB) is making a NZ$lll million (*****.7 million) offer to acquire a remaining
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    • 250 4 KEPPEL Land has made its maiden foray into India's property market, sealing a joint-venture deal with Bangalore residential developer Puravankara Projects. The partners plan to buy a 9.68-hectare site and develop a high-rise condominium on it. The site, costing $23.4 million,
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    • 351 4  -  By Taila Krishnakumar MAINBOARD-LISTED water treatment company Asia Environment Holdings (AEH) has signed an agreement with the Rugao city government in northern China to construct a build-operate-transfer (BOT) water plant. The project to be completed within three years at an estimated cost
      351 words
    • 371 4  -  By Joyce Koh IN a push to make itself a regional IT company, DMX Technologies Group yesterday said it will be buying Lotun Technology Ltd (LTL), a mobile communications company, for US$l2.6 million. DMX, which designs and implements comprehensive network
      CHRIS LOH  -  371 words
    • 294 4 SESDAQ-LISTED Midas Holdings is living up to its name, posting a 64.8 per cent surge in net profit at half-time. The group, which makes aluminium alloy extrusion products and polyethylene pipes for the transportation industries and infrastructure development in mainland China, said earnings rose to
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    • 214 4  -  By Kenneth Lim SBI E2-Capital Holdings could soon be named after its chief executive's investment vehicle, Westcomb Profits, after agreeing to a name-change in a settlement with its Hong Kong parent. The recently-listed company has called for an extraordinary general meeting on Aug 18 to
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    • 373 5  -  Company confident of performance this year as oil firms roll out projects By Loh Hui Yin RIDING on the boom in the regional oil-and-gas industry, industrial materials and welding products stockist Sin Soon Huat has turned in a $2.4 million net
      373 words
    • COMPANY Briefs
      • 68 5 UNITED Overseas Land has received a waiver from the Singapore Exchange from seeking shareholder approval for its planned divestment of its 4.2 per cent stake in United Overseas Bank at a minimum price of $13.56. The planned divestment follows the advice of independent financial adviser
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      • 76 5 ASJ Holdings posted a 30.6 per cent rise in earnings to $4.8 million on the back of a 15.4 per cent increase in turnover to $28.2 million for its half year ended June 30. The company, which manufactures and distributes resistors and related electronic
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      • 91 5 PAINT manufacturer Berger International's interim net profit for the six months ended June 2004 rose 7.1 per cent to $1 million due to better sales in the Middle East and East Asia, and to a $510,000 gain from selling a Maltese subsidiary. Revenue rose
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      • 132 5 JK Technology Group has proposed a non-underwritten renounceable rights issue of a minimum of 10.8 million and a maximum of 10.9 million new ordinary shares at an issue price of 6 cents for each rights share with a minimum of 16.2 million and a maximum
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      • 70 5 SESDAQ-LISTED EDMI Ltd has clinched a $20 million order from a UK company. This latest order of 60,000 sets of Mk-10 meters, modems and Eziview Multidrive EDMI's meter management/data retrieval software from BGlobal Metering, is expected to "have a favourable impact in the longer term." But
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      • 63 5 DEBT-LADEN Ho Wah Genting International has received High Court approval for a proposed debt restructuring scheme after creditors representing at least three-quarters of its debts voted in favour of the scheme. Ho Wah, a precision engineering company, recently found a white knight
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      • 98 5 ENZER Corporation said the fire which occurred last Saturday at the showroom of its 95 per cent-owned subsidiary Monsoon Home Theatre Entertainment Pte Ltd will stall operations there for about four weeks. It added losses from the damage of equipment, furniture and fixtures in
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    • 478 5  -  Expansion of global distribution network pays off By Chen Huifen EFFORTS to spread its distribution network to other parts of the world are beginning to pay off for VibroPower Corp Ltd as the company reported a 150 per cent growth in net
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    • 247 5 CAPTAINS OF INDUSTRY CONFERENCE HEAR FROM THE LEADERS: Prof W. Chan KIM K. V. KAMATH Masayoshi M0RIM0T0 Professor of Strategy International MD CE0, ICiC Bank President coo. Benesse corpoiation Management, INSEAD T i,ei Ll Dr Hiroyuki nakanishi Chief Representative. Viacom Beijing: Chairman President. Mitsui Chemicals. Inc SVP, MTV Networks Asia,
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  • SINGAPORE markets
    • 756 6  -  Compiled by VEN SREENIVASAN Chartered Semiconductor Mfg July 26 closing: $1.03 Q204 earnings were in line with the company's mid-quarter guidance, but a deeper look at the cost side of the equation reveals that progress continues to be slow for Chartered and is falling behind the market. Guidance
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    • 224 6  -  HOT STOCK WARRANT By Ven Sreenivasan ACCORD Customer Care Solutions (ACCS) said in a recent update that it has been appointed Nokia's exclusive service partner in Singapore from July 1. And it expects this to give its topline revenue a $1.5 million boost this
      Source: Bloomberg  -  224 words
    • Article, Illustration
      423 6 OTHER SINGAPORE INDICES Jul 26 VALUE CLOSE BT OB/OS -875.00 -35.00 BTCADI -*****.00 -125.00 BT 10-day MA -*****.00 -87.00 AB-SG Equitfrs 487.46 +0.26 SCEquitfcsEhct 152.72 -0.79 SGEquities Fin 1545.54 +3.71 SG Equities Prop 435.20 +5.04 SIMSCI 225.24 +0.70 SiMSCI Futures 225.20 +0.80 Stodf Volume Chart SemiCond 26c 46.726.000 ProgpnlOC 19.926.000
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    • 556 6  -  BT comment STOCKS r. sivanithy ELL technoloM gy and switch the money to property" I seems to be the W preferred trading strategy at present, given that markets the world over appear to be stuck in tight trading ranges. This was obviously the
      Source: Bloomberg  -  556 words
    • 613 6  -  BT comment CURRENCIES 90 targetted? High-yielders get back some poise; 110-yen barrier solid larry wee HIGH-YIELDERS regained some poise against the US dollar in Asian trading yesterday, though fears remain that the greenback may have more upside room, further losses on Wall Street
      Source: Reuters  -  613 words
    • TRADES TO WATCH
      • 102 6 PRUDENTIAL Asset Management's shareholdings in newly listed Techcomp Holdings have been swinging up and down over the past two weeks. The latest saw the fund manager's deemed stake fall to 5.75 per cent from 7.23 per cent after two million shares were sold on the
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      • 136 6 ELECTRONICS group GP Industries continued its slow and steady accumulation of its listed units GP Batteries and CIH last Friday through open market purchases. GP Industries, a locally listed investment holding company for Hong Kong's Gold Peak Industries, bought 140,000 shares of electrical
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      • 63 6 RAFFLES Holdings non-executive director Winston Tan Cheow Kim more than doubled his stake in listed hotelier Raffles Holdings yesterday to 0.008 per cent from about 0.004 per cent after exercising 82,000 share options. The options were converted at 33 cents apiece, or about 73 per
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      • 52 6  -  Compiled by KENNETH LIM CITIBANK NA sold 1.5 million shares of FHTK Holdings yesterday and lowered its stake in the fresh produce distributor to 5.27 per cent from 5.39 per cent. The prices of those sales were not disclosed. FHTK shares were unchanged at
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  • SMALL Caps
    • 791 7  -  Thai Village is hoping to taste success in its move to expand overseas, writes JOYCE KOH JOYCE KOH AS much as Singaporeans proclaim their everlasting love for food, the fact is the local market is spoilt for choice when it comes to gastronomical goodies.
      ARTHUR LEE  -  791 words
    • 486 7  -  By Teh Hooi Ling IN a week where small-capitalisation stocks were mostly heading south, our portfolio also weakened in value. But the consolation is that it has yet again managed to fall less than the benchmark index. Our portfolio declined J. 6 per cent compared with
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  • Page 7 Advertisements
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    • 13 7 PARTNERS: QOUP Q BRETON® ==t= 4 1 1884 Socket mjaylorMade Smooth as silk
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  • FOCUS property
    • 734 8  -  Attractive prices for these prestigious landed homes have drawn increased interest, reports Kalpana Rashiwala Kalpana Rashiwala A TOTAL of 29 good class bungalows (GCBs) changed hands for $247 million in the first half of this year, continuing the momentum from last year, when
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    • 277 8  -  By Teh Shi Ning ASCOTT Group, which will launch its sixth serviced apartment complex here tomorrow, said yesterday it intends to tap into the buoyant market for serviced residences to add one or two more properties in Singapore. The mainboard-listed serviced residence arm
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  • Page 8 Advertisements
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  • SINGAPORE news
    • 407 9  -  June manufacturing output beats forecasts with 19.4% growth By Anna Teo A STERLING performance in electronics particularly semiconductors in June lifted growth in total manufacturing output in the second quarter to a robust 21 per cent. Figures from the Economic Development
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    • 323 9  -  By Nande Khin PROFESSIONAL development in the retail industry, which is shunned by better educated job seekers, received a boost yesterday with the official launch of the Retail Academy of Singapore. It will cater to the training of higher-level retail staff. The academy
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    • 293 9 PROPER intellectual property protection will benefit local companies and encourage multinationals to set up research and development facilities in Singapore, a seminar heard yesterday. Isabel Chng, director of patents at the Intellectual Property Office of Singapore (Ipos), said strong IP laws will be attractive
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    • 161 9 THE Singapore Manufacturers' Federation (SMa) and the Singapore Business Federation (SBF) are co-organis-ing a mission to Thailand to seek business opportunities. The mission, from today to Saturday, is the fourth such trip organised by SMa this year. And SBF expects to lead 10
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    • 280 9  -  By Chen Huifen UNDERGROUND specialist Geostock has been appointed the main consultant for phase two of a feasibility study into underground oil storage caverns at Jurong Island, says JTC Corp. The study, commissioned for $540,000, will take the project further as Geostock uses detailed
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    • 481 9  -  EYE ON THE ECONOMY By Chen Huifen SINGAPORE'S consumer confidence is climbing back, while market sentiment for the region is slipping, according to the results of the latest Masterlndex survey. Conducted by MasterCard International, the survey is based on responses of 5,000 people across
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  • EDITORIAL & opinion
    • 733 10  -  THE bottom line OPINION anthony rowley US CONGRESSMEN are marshalling their forces once again in an attempt to get China to revalue the yuan, claiming that the practice of pegging the currency to the US dollar permits a flood of cheap imports into
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    • 76 10 'When I see people on the other side of the fence saying 'Four more years', I sometimes say to myself, four more years of what? Four more years of jobs being lost? Four more years of the deficit growing bigger? Four more years of losing our allies
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    • 573 10 EDITORIAL ON the face of it, things look good. Last week, US Federal Reserve chairman Alan Greenspan reiterated to US lawmakers that the US economy continues to track a sustained growth path, and that US monetary policy accommodation will only be removed at a measured
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    • 1232 10  -  Everybody who takes part in the process gains, and it's high time Asian companies caught up with the trend too By Ramkishen S Rajan CONTEMPORARY international trade flows are increasingly characterised by "production sharing", defined as the decoupling of previously integrated goods into their constituent parts,
      REUTERS  -  1,232 words
    • 674 10  -  MAIL bag Tan Ser Ping Ho Mei Peng Investor Relations Manager Ascendas-MGM Funds Management, manager of A-Reit WE refer to "A-Reit: Watch out for depreciation" (Executive Suite, July 22) and wish to comment on some of the points raised in the
      674 words

  • REGIONAL news
    • 535 11 CHINA STOCKMARKET MOVES Proposed sum nearly 3-4 times biggest IPO so far in China [HONG KONG] PetroChina, China's largest listed oil and gas company, is preparing for a 30 billion to 40 billion yuan (Ss6-SsB billion) domestic listing that would raise funds for overseas expansion
      BLOOMBERG NEWS  -  535 words
    • 319 11 AP [SHANGHAI] A former top Hong Kong stock regulator has quit her job as vicechairman of the China Securities Regulatory Commission, a state-run newspaper reported yesterday. Laura Cha moved to mainland China in early 2001 after nearly a decade in senior positions at Hong Kong's
      AP; BLOOMBERG NEWS  -  319 words
    • NOTE Book
      • 72 11 Reuters [BEIJING] China's consumer inflation is likely to exceed 5 per cent in the year through July, the China Securities Journal said yesterday, quoting a senior government economist. "The consumer price index will probably rise more than 5 per cent in July, but full-year
        Reuters  -  72 words
      • 94 11 AP [HONG KONG] Hong Kong's justice secretary yesterday defended raids by anti-graft agents on at least seven newspapers that named a protected witness as being appropriate, while local media denounced the move as heavy-handed and a threat to press freedom. Agents from the Independent Commission Against
        AP  -  94 words
      • 110 11 AFP [BANGKOK] The godfather ot Thailand s sex industry yesterday headed the challenge to Prime Minister Thaksin Shinawatra's growing political empire in a key election test ahead of national polls early next year. The race to become Bangkok's next governor officially started
        AFP  -  110 words
      • 69 11 Reuters [TANJUNG MALIM, Malaysia] Proton Holdings Bhd, aims to halve waiting times for its latest Gen.2 sedan model to around three months by March as it battles cut-price competition from some of Asia's leading car makers. Proton launched the Gen.2 in February but
        Reuters  -  69 words
      • 35 11 AFP [MANILA] President liloria Arroyo asnea congress yesterday to mull changing the Constitution to allow for a parliamentary style of government as opposed to the current US-style presidential system.—AFP
        AFP  -  35 words
      • 58 11 AP [SHANGHAI] China's massive railways, an icon ol central planning, will allow private investment, ending the state's monopoly, to help finance the industry's expansion, official media reported. The state would retain control of the biggest trunk routes, but allow outside investment in branch lines,
        AP  -  58 words
      • 51 11 AFP [TAIPEI] A leading private economic think-tank, the Taiwan Institute of Economic Research (Tier), yesterday raised its forecast for Taiwan's 2004 GDP to 5.67 per cent from its April estimate of 5.08 per cent, aided by the global economic recovery and rising public sector investment.
        AFP  -  51 words
    • 230 11 BOMBAY AFP INDIA'S privately-run Global Trust Bank, which has been ordered to freeze withdrawals because of huge losses, is to merge with state-run Oriental Bank of Commerce, a central bank spokesman said yesterday. "We have announced a draft scheme of merger with
      AFP  -  230 words
    • 363 11 [HONG KONG] In a rare move for a Chinese company, Lenovo Group, China's largest computer maker, said last Friday it would cut directors' pay by as much as 50 per cent following the company's disappointing performance in the past few
      363 words
    • 509 11 KUALA LUMPUR Move could lead to rise in reported inflation rate Reuters MALAYSIA plans to change the way it measures consumer prices, a government official said yesterday, in a move that could increase the reported inflation rate. The government planned to change the
      Reuters  -  509 words
    • 322 11 BANGKOK AFP LAND prices are soaring in Thailand's golden triangle of beach resorts on its western coast, fuelled by overseas investors joining the kingdom's aggressive tourism drive. The Andaman Triangle of some of the nation's most desirable beaches is being aggressively promoted as a
      AFP; FILE PHOTO  -  322 words
  • Page 11 Advertisements
    • 469 11 To advertise call toll-free 1800 289 8822 Email: notices@sph.com.sg IN THE MATTER OF THE COMPANIES ACT (CAP. 50, 1994 ED) AND IN THE MATTER OF DETROIT DIESEL ASIA PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies
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    • 191 11 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF VERIFONE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) (COMPANY NO. *****1028 M) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuont to Section 308 of the Companies Act, Cop. 50, that the FINAL MEETING of the members of the
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    • 335 11 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PACIFIC RIM SHIPPING PTE. LTD. (INCORPORATED IN SINGAPORE) (IN MEMBERS' VOLUNTARY WINDING UP) NOTICE OF SPECIAL RESOLUTIONS At an Extraordinary General Meeting of the Company duly convened and held at One Marina Boulevard #29-00 Singapore *****9
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  • WORLD news
    • 553 12 WASHINGTON Expected rise in mortgage rates spurs home buyers into action SALES and prices of existing US homes jumped to record highs in June as home buyers rushed to take advantage of low mortgage rates, Reuters reported a trade association as
      553 words
    • 322 12 WASHINGTON Reuters, Bloomberg GOOGLE Inc, the world's No 1 Web search provider, said yesterday it hoped to raise as much as US$2 billion in its highly anticipated initial public offering and could have an initial market cap as high as U5536.25 billion. About
      Reuters,; Bloomberg  -  322 words
    • 478 12 LONDON Transaction will create world's 10th largest bank by market cap NYT, Bloomberg, Reuters BANCO Santander Central Hispano has agreed to buy Abbey National of Britain, in a mostly stock deal worth £8.3 billion (5526.2 billion). The deal would create the world's 10th largest
      NYT,; Bloomberg,; Reuters  -  478 words
    • 271 12 SEOUL Reuters HYNIX Semiconductor Inc, the world's third-largest memory chip maker, has swung to a record quarterly profit, propelled by robust sales of its bread-and-butter computer memory chips, the company said. Prices of memory chips rose in the second quarter, boosted by glitches
      Reuters  -  271 words
    • WORLD Watch
      • 57 12 Reuters [NEW YORK] Intel Corp is considering returning a portion of its US$l7 billion in cash to shareholders, according to a report in the Financial Times yesterday. Intel is considering alternatives like increasing its share repurchase programme, raising its quarterly dividend or making a
        Reuters  -  57 words
      • 57 12 Bloomberg [LONDON] Pearson Pic, publisher of the Financial Times, said its first-half loss narrowed after it cut costs' Advertising revenue at its newspapers rose for the first time in three years. The net loss was £123 million (Ss3B9 million), compared with a loss
        Bloomberg  -  57 words
      • 57 12 AP [MOSCOW] A court yesterday issued an arrest warrant for a large shareholder in the beleaguered Russian oil giant Yukos on charges of involvement in murder and attempted murder, the Interfax news agency reported. TTie warrant was issued against Leonid Nevzlin, who lives in self-imposed
        AP  -  57 words
      • 68 12 Bloomberg [ROME] Fiat SpA, Italy's largest manufacturer, reported an 11th consecutive quarterly loss on reorganisation costs and a strike at its Melfi car plant. The company reiterated its 2004 target of breaking even at the operating level, forecasting stronger second-half sales. The Q2 net
        Bloomberg  -  68 words
    • 551 13  -  It and Passion have become big hits after being rejected by major studios From Christopher Reed in Los Angeles FILM director Michael Moore's devastating critique of the US Bush administration, Fahrenheit 9/11, has become the first documentary in movie history to pass US$lOO million
      551 words
    • 297 15 SAN FRANCISCO Though rebound has been modest, sectors like software have seen surge in investments Reuters US venture capital investments in technology, health care and other promising young companies totalled US$5.l billion during the second quarter, marking a modest but sustained recovery from
      Reuters  -  297 words
    • 295 15 NEW YORK NYT, Reuters MYLAN Laboratories, the largest maker of generic drugs in the US, agreed yesterday to acquire a rival, King Pharmaceuticals, for about US$4 billion in stock, sources said. It is the latest move among generic drug makers to diversify
      NYT,; Reuters  -  295 words
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    • 90 12 4 Tp!^£s9?J v J K-llj i Wi v- i*. *t I I- I I §t/0 Singapore Press Holdings launches the first ever Ink Awards to celebrate the best print ads in Singapore (and arguably, the world) The Grand Prix winner gets a trip to Cannes and both agency and client
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  • 1116 13 a' JLiLJ»iijMLil(i'r—wrrt 1"-irifilTHHl iWm'-m:nrW;nitrr• MMNMMM Ml" ir *M r nHi MIWMOTMTIfrni iMMi "i' 'Uirwr I niiiimi 'if iIHTERBAHK CROSS RATES A$ C$ Rmb Euro HK$ Irx) Rs Ruplah Yen Won RM MZ$ Pak Rs Peso S$ Rand Sfr NTS Batit Pound US$ Australia 0.940 5.888
    1,116 words
  • 1688 13 sicmm futures mm. RUBBER Futures (Closing prices) RSS1 (S cents/kq) Close Volume Opm Month High Low Sett (tonnes) Interest Aug 04 215.00 Sep 04 211.50 Oct 04 208.50 Nov 04 208.00 Dec 04 208.00 Jan/Mar 05 208.75 RSS 3 (US cents/kg) Volume Open Month High Low Sett (tonnes) Interest
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  • 4769 14 Transaction date: Jul 26 HONG KONG Vol HKExchanges®Clearing.16.50 -0 40 2926 HK$ W- 000 HKRInt'l 2 63 003 8164 Hong Kong Electric 33.40 unch 932 Aeon Credit 4.90 unch 0 Hongkong Chinese 0.93 unch 416 Aeon Stores 6.10 unch 190 Hopewell Holdings 15.40 -0 20 334 Alpha General
    4,769 words
  • 2451 14 Transaction date: Jul 26 KUALA LUMPUR Genting 15.00 undi 1112 y o( George Kent .0.78 -0.02 50 bu *1. f'OOO) GlobetronicsTech 0.45 -0.01 725 Glomac Bhd .2.43 0.01 21 ASM Realty 148 unch 198 Gold Bridge Engrg .0.37 unch 151 Abnc0.61 -0.01 39 Golden Frontier 0.74 unch 0 ACPIndurtriesZIZZZIl'67
    2,451 words
  • 884 14 P i Transaction date: Jul 26 Sod MM Wl Of Otawge Modi—— WW O— dung* Ailgreen 50c 0.31 1.020 *0.040 NOL 178 2.330 +0.030 Bit tad US20c 0.38 0.750 -0.010 CCBC 10.44 12 700 CaprtaLand 1.08 1.500 *0.040 Parkway H 25c 0.54 1j080 -0.020 Chart SemiCond 26c 085 1.030
    884 words
  • 968 14 BONDS WARRANTS Prcm Expiry Tel Last Vol Com Exer Disc Gear- Mths Code Company Sale *Of- ('000) Ratio hkt mg Left ABNf*****3$ AD6n1.845%*****SS 3779 ASL Marine Hldgs W*****1 MS 1 53 41 3.31 «5 3697 AcmaltdW04lll6 .05 1 SO 677 13 00 4 3602 AmtekW*****0 76 1 33 1 43
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  • Page 14 Advertisements

  • 6312 15 Transactkm date: Jul 26 52-Wk Td Lart Vet Day LrtQuota GriXv M* GrTM MM MCaa Ugh Law Code Company Ml (*88< HWi low gggr Sgjr Cw Ml Wl 25.5 6.5 5716 1stSoftware5c 7 unch 1050 7 63 6.5 7 278 34 31 3148 8TelecomUS2c 32 -1 ***** 32.5
    6,312 words
  • 69 15 Sl-Wk Td U*t Vol Day LMt Quote GrfMv Mv GrVW MM MCla low Ca* &■>■> W- CBW) HMi lorn hUf Sdhf Cw Wt fcJ 2060 2000 6065 Diamonds US2060cd 2120 6095 IS DJ US Tech US3740 60J7 IS MSG Spore US555 6101 IS SAPSOO US8270 ********** 6170 SPDHS
    69 words
  • 1867 15 »-M Tel Laft Vol Day La«t Quota GrtMv On GrVtd Nat MCm Hlffc Low Code Company Sale W- COW) t*gli low Peyer SaOer On HI SiJ 26 12.5 S000 ABRHWgiSc 14.5 +0.S 35 14.5 14 14 16.5 28 42 213 2101 APOMSC 30 11.5 30 5 N9.1 0.8
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  • 346 15 S24M Id lact Vat Day LaclQuott GrOfc Wv GrYW Net MCae Law Ca4« Company Ma W- ***** W» low S*r Or Wt fcj 221 148 8000 AVJennings A25c A177 unch 20 180 177 177 178 44 10.6 6.2 5.6 381 6001 Cathay P* 20c I....HK720 265 2.1 7.4
    346 words
  • Page 15 Miscellaneous
    • 184 15 CRYPTIC CROSSWORD energy before opening (5) 27 The old unit prico is desr (9) 28 Churchqoer worried nearby 7 A fish might be beaten (8) 25 Ape is shy, keeping quiet (4) priest 8 for okj ships? No good YESTERDAY'S SOLUTION yPt 14 Understood and developed Across: 1 Hereditary, 6
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  • Page 16 Advertisements
    • 55 16 TICKETS NOW ON SALE! This funny and romantic ABBA ;+.,%*''..^> f^K.' ■< J THE SMASH HIT MUSICAL r. Mis^aipj v "&&>*** yfg£ I I J I m presented in Singapore BY CALL SISTIC 6348 5555 visit www.sistic.com.sg or at any SISTIC outlet Great savings available for group bookings call 6346
      55 words

  • SHIPPING TIMES
    • 415 17  -  Deal with Mitsui for 4 vessels; no immediate plans to order super-sized container ships By George Joseph [SINGAPORE] Neptune Orient Lines (NOL) signalled yesterday that it prefers to charter the "workhorses" of the industry the post-pan-amax container ships to grow its fleet, rather than
      FILE PHOTO  -  415 words
    • 274 17 [SINGAPORE] Keppel Corp subsidiaries have jointly won a US$2O million contract for the completion of an oil rig for BP pic in the Caspian Sea. The contract comes soon after Keppel completed a "fast-track and complex" project to build the main
      274 words
    • 293 17 SGX '000 Jul 26 5S *1- Vol CH Offshore 0.38 unch 225 Chuan Hup 0.53 unch 848 Cosco Investment 0.88 -0.01 ***** CWT Distribution 0.49 unch 0 Ezra Hldgs 0.94 -0.02 26 Freight Links .0.10 -0.01 110 GB Holdings +NA* +NA+#VALUEI Java Holdings 0.88 -0.01 2540 K1 Venture
      293 words
    • 348 17  -  From David Hughes in London A SINGAPORE flagged bulk carrier was among nine for-eign-flagged ships detained by the UK's Maritime Coastguard Agency (MCA) after failing a Port State Control safety inspection. The detentions were made on June 25, a few days
      348 words
    • 260 17 [SINGAPORE] It was just described to staff as a charity jog, but PSA employees took a special interest in the need of the benefactors children stricken with cancer and helped raise a total of $250,000. That was the amount PSA donated to the Children's Cancer
      260 words
    • SHIPPING news
      • 1168 18  -  Futures are here to stay but the market is still immature and illiquid, reports David Hughes David Hughes SHIPPING is risky business. Apart from the physical dangers in carrying people and goods across the oceans, the shipping market is volatile and subject to cyclical booms and
        PORTVIEW SINGAPORE  -  1,168 words
    • 107 18 PAGE Austral AL 5 Bank Line 4 BSA 4 B'tang Mas 3 CMACGM 3 COSCO 3 China Shpg 4 Crocodile Line ....4 Delmas 4 Dongnama 3 Eukor 2 ECL 3 Foong Sun 4 Gemartrans 4 Hamburg Sud 3 Hangli 4 Heung-A 3 IRISL 5 Jesselton 5 Kyowa
      107 words
    • 6856 21 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyaqe Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 24/08 12/09 Tasman 0 TASMAN TRADER *****3 65-*****522 To ABIDJAN (ABJ) 2003 Cot* D'lvoire 03/09 It/09 Tasman 0 TASMAN COMMANDER *****4 65-*****522
      6,856 words
    • SHIPS IN PORT
      • 576 23 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL MARCOPOLO 24 01/04J J14 A/SIDE 27/07 0630 PHU YEN 1 1 J10 A/SIDE 27/07 0800 SHAN FURYU 19/04 J3 A/SIDE 27/07 1300 TG JOHOR 18 2408R J7/8 A/SIDE 27/07 0630 VAN PHONG 018E J24 A/SIDE 27/07 0300 WHITE TOBA
        576 words
      • 1875 23 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX MARGUERI 033N 033N 1 30/07/2004-08:00 30/07/2004-18:00 ACX MARGUERI 033S 033S 1 27/07/2004-04:00 27/07/2004-16:00 B06 ACX MARIGOLD 016N 016N 1 28/07/2004-13:00 28/07/2004-23:59 ACX RAFFLES 093S 093S 1 28/07/2004-03:00 28/07/2004-13:00 T02
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      • 137 23 Aug 1 Switzerland: Nat Day. Aug 9 Singapore: Nat Day. Aug 12 Thailand: Queen's Birthday. Aug 15 France: Assump Day. Belgium: Assump Day. India: Indepen Day. S Korea: Libe Day. Aug 17 Indonesia: Independ Day. Aug 20 India: Parsi New Day. Aug 30 UK: Summer Bank Hoi. Aug
        137 words
      • 819 23 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
        819 words
      • 571 23 Carbon '80 Ma* 983.7 0.3 15.2 0.03 41 0.03 Jul 22 Density Water Residue AshAiuminium Sediment No above E25 0 0 1 0 0 0 380 Ave 987.9 0.2 14.9 0.04 19 0.02 *(22 380 Max 1013.5 0.7 17.9 0.07 55 0.06 KC/M'3 v/v m/m m/m
        571 words
    • AIR & LAND transport
      • Article, Illustration
        50 24 nSTANBULI A Turkish passenger plane belonging to Inter Airlines, on a flight from Dusseldorf, Germany, skidded off the runway after landing at Istanbul's Ataturk Airport early Sunday morning. The plane, carrying 102 passengers and six crew members, was slightly damaged but no one was injured, sources said. AP
        AP  -  50 words
      • 452 24 Emergency landing in Zhengzhon after passenger wanted to hijack flight to South Korea Reuters [BEIJING] A Chinese man with a history of mental illness tried to hijack a domestic Air China flight to South Korea yesterday, but the airliner made an emergency landing in
        Reuters; REUTERS  -  452 words
      • 206 24 Reuters [NEW YORK] Former Boeing Co chief financial officer Michael Sears agreed to plead guilty to conspiring to deceive the US government about negotiations for a contract to provide the air force with refueling jets. Mr Sears is cooperating with
        Reuters  -  206 words
      • 243 24 Crew leaves knife on Emirates plane; extra passenger on Qantas flight AP [SYDNEY] Police said yesterday they are investigating the discovery of a box cutter knife on an Emirates airline plane shortly before it set off for Dubai from Sydney Airport. The knife apparently was
        AP  -  243 words
      • 279 24 Reuters [JAKARTA] The United States and Indonesia signed an open-skies agreement yesterday removing bilateral restrictions on air services, the US Embassy said in a statement. It said US Transportation Secretary Norman Mineta and his Indonesian counterpart Soenarno signed the pact on the island resort of
        Reuters  -  279 words
      • LOG Book
        • 121 24 AP [DUBLIN] Two Ryanair employees were fired last Friday for sitting in the toilets of a packed airplane in breach of aviation regulations. The no-frills airline said the pilot of the previous Sunday night's flight from the Spanish city of Girona to Dublin also had
          AP  -  121 words
        • 134 24 Reuters [LONDON] British police were questioning five people yesterday after a gun was found in a car during checks at a central England airport. Police arrested the driver of the car shortly after he had dropped off the other four for a
          Reuters  -  134 words
      • 2143 24 an FLIGHT ETA RIGHT ETD EMM 1405 EM31 0325 'IrtT 1 8*7382 2215 EKM8 1650 $0428 2325 0F82 2215 ***** 2005 1 LH9770 2300 FrwHwt ****** 0630 LH9765 1405 ***** 2300 1*9762 0630 ***** M05 i ***** OCS 6*974 0130 < 3 y" AL837 U50 ?Q3?4
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  • Page 17 Advertisements
    • 233 17 Hijack scare aboard Air China flight BACKPAGE (gj) Logistics SCM south Australia Bachelor of Management in Logistics and Supply Chain Management CRKXsS*ow*Numb«rool2lß Singapore 3rd Intake starting October 2004 Designed to prepare highly skilled managers to meet the needs of employers in the manufacturing and distribution sectors Integrated program of study
      233 words

  • Page 18 Advertisements
    • 710 18 I IMPORT I NORTH AMERICA AUSTRALIA/NEW ZEALAND 1 SUPER SHUTTLE EXPRESS (SSX) [AUSTRALIA ASIA EXPRESS (AAX) I VKStI VOY LO SIM PKG vt ssg VOY Hit SYP Mtl I API HE SIN WG PIO MEDUOYD KOBE 40W27 10/07 28/07 OMIT ANL EMBLEM 08N 17/07 19/07 21/07 23/07 17/07 01/00 03/01
      710 words
    • 522 18 Lines services represented by Mombe" Re 9 ls,r y \|Jfcfe| Sw Accredited Shipping Agents, Singapore Shipping Association Members of the ■"Hvjjj. Singapore Logistics Association ULY UNE MALE rtSStl VOY HA ETA HA A P. KLAHG SPORE MALI Princess Lily 0504 30/07 09/08 Kota Teraju TRJOB7 07/08 17/08 Kota Teguh XTGI33
      522 words

  • Page 19 Advertisements
    • 970 19 MOi Combines a range of shipping modes to ensure timely, reliable services covering major ports in Norm America, Europe, Japan, Asia, Africa Oceania. Alse accqrt fartra-Asia Cargo** to: BUSAN KWANGYANG SHANGHAI YANIIAN XIAMEN QMGDAO BIUWAN JAKARTA SURAIAYA KAOHSIuNG lAHGKOk lAHII CHAAAHG HOCWmiH PASIR GUPAHG PBIANG POUT HUANG For Schedules, BL
      970 words
    • 981 19 GENERAL AGENTS IN SINGAPORE: 16 RAFFLES QUAY #36-01 SALES/ BKGS TEL: *****857/43 FAX 6238 5321/24 COSTAR SHIPPING PTE LTD HONG LEONG BUILDING OUTWARD (B/L) *****802 *****325/75 •cr un i&aoAiT.7r INWARD (DAD) 6420 5786 6238 5319/49 REGNO. *****1787G TEL 6226 1900(MAIN) T/SHIPDEP *****825 *****316/46 JOHOft'S OFFICE: CI NO: **********0 M CONVENTIONAL
      981 words
    • 711 19 VESSEL VOY^HHTn^PK^^ GQ1DEN MERCHANT 4?3W 31/7 I 1/g 3/8 PERTH BRIDGE Q59A I 29/7 I 3l/7 I GOLDEN TRADE 14QSN I 3/8 I 4 8 6 8 I 1 I HEW DYNAMIC OtiA I 5/8 I 7/8 [HERTFORD IOQ7W I ID/8 I 11,8 1 13 R I 1 PERTH BRIDGE
      711 words

  • Page 20 Advertisements
    • 932 20 UMj|f WALLENIUS WILHELMSEN website: http://www.2wglobal.com VESSEL 1 IK MAO HOP* Ml* SAV »A 1 ORF NYC NEW WOt TARONGA Af4lS [into 6.25* I 31/07 25/08 03/09 10/09 11/09 15/09 13/09 17/09 07/09 TAPtOLA AI4OB UOOTms I 6.3 M I 06/08 11/09 14/09 13/09 1 7/09 TAMESIS AF4I6 1 320T0«s 6.401W
      932 words
    • 820 20 WAN HAI LINES Tel: 6226 1588 Fax: *****163 INTRODUCING:- NEW WEEKLY EXPRESS SERVICE TO: EUROPE ROTTERDAM HAMBURG ANTWERP j Hi k I < K CALUNG SIN EVERY Saturday •< For more details, call HOTLINE: 6226 1588 1800-*****00 I ■I rSS I CHINA SHIPPING CONTAINER LINES CO., LTD. I vI1kOIJV1«(W«D >MI)
      820 words
    • 812 20 BSA^ o MYANMA FIVE STAR LINE (Myonmar Notional Line) Loading lor Yangon VESSEL VOY SIN PKI PEN PGU PAGAN 328W SID HPA-AN 320W SID Sli) IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KUI: 03-*****300 PKL 03-*****101 PEN: 04-*****02 ACCEPTING CONVENTIONAL C6O VESSEL VOY HKG SIN PGU PKI KUC UON HEART 111 SID
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  • Page 21 Advertisements
    • 588 21 VESSEL VOY SIN PKL KARACHI PXB BAB PMM BIK KHOBRAMSHAHR IRAN SHAHRYAR PCI 8039 30/07 31/07 07/08 10/08 11/08 18/08 21/08 24/08 IRAN SATTARI PCI 8040 07/08 08/08 15/08 16/08 17/08 24/08 27/08 30/08 IRAN KORDESTAN PCL 8041 14/08 15/08 22/08 25/08 26/08 02/09 05/09 08/09 IRAN SHAHRYAR PCL 8042
      588 words
    • 9 21 KEEP ABREAST OF MARITIME LEGAL MATTERS IN EVERY FRIDAY
      9 words
    • 312 21 UK CONTINENT SERVICE Loading for ANTONIS RTM/ATW/BMN/UK/NAN STARLY RTM/ATW/BMN/UK/NAN Loads Singapore, EVW Malaysia, Indonesia MIDDLE-EAST SERVICE Loading for GOLDEN SUN ADN/HDD/JDH/AQA C CHAMP DMT/YAR/BZA VTC STAR DBI/ABU/DOH/BRN/DMM/KWT 'Loads Singapore, EVW. Malaysia, Indonesia USA SERVICE Loading for IVORY STAR LAX/VCW SAMOS DREAM CAM/NOL/NFK/SAV 'Loads E7W. Malaysia, Indonesia F.E./S.E.A. SERVICES S pore
      312 words
    • 325 21 VOY SIN PGU YHKI Sffll SIN jr PAC lANDA 1262N 28/07 29/07 P*C UNTAN J2SJ 28/07 31/08 CSf 2301 KOIOW 29/07 31/07 ALAMJAYi 1 fiSflZ 31/07 03/00 PAC lANDA 1263N 29/07 30/07 PAC KALI 4214 31/07 03/08 PACIANDA 1264N 21/07 01/08 PAC UNTAH 9259 04/08 07/08 TAtIAHPA 1245 M Ql/QS
      325 words


  • Page 23 Miscellaneous
    • 113 23 Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols showers Fu circle w/o ,ine indicates calm or light and variable winds a# Ra j n One half fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots x Hazy A -One solid triangle represents 50 knots D
      113 words

  • Page 24 Advertisements
    • 174 24 W^^^jfrr^^j^^^^jo^dvertis<^alHol^re<^Be<^B^B2^^niail^iotkes©sphxoii^sg ASIA WEST AFRICA TRADE AGREEMENT NOTICE OF RATE RESTORATION In order to ensure that the Member Lines are able to continue to provide the service necessary to meet the needs of their customers, the 8 Member Lines of the Far East West Africa rate agreement have decided to implement
      174 words