The Business Times, 8 January 2005
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2005-01-08
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The Business Times
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Title Section15 2005-01-08 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents MICA (P) 023/03/2004 ianuary 8-9,2005 online at http://business-times.asial.com.sg15 words
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Article756 2005-01-08 1 WONG WEI KONG - While SIAS says don't do it, many ask 'why not?' By WONG WEI KONG [SINGAPORE] The classaction suit filed this week by US lawyers against Sin-gapore-listed China Aviation Oil (CAO) has stirred up a debate here over how Singapore investors should respond. On Wednesday, US756 words
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369 2005-01-08 1 VEN SREENIVASAN - Change made to accommodate security checks By VEN SREENIVASAN [SINGAPOBF] Passengers of Singapore Airline flights can check in anytime from 2Vt hours before their flights, but not later than 40 minutes before take-off. The airline yesterday sent a circular to travel agents informing369 words
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Article139 2005-01-08 1 STI. 2.085.58 (-4.24) ST INDEX FUTURES 2.086.00 (+3.00) siMsa ***** (-0.98) SIMSCI FUTURES 249.40 (-1.20) MARKETS Friday Change KLSECOMP 916 28 +5.86 NIKKEI 225 11.433.24 -59.02 HANG SENG 13.574.86 -137.18 SET INDEX 697.84 +4.22 JAKARTA COMP 1,032.53 +2.64 MANILA COMP 1,851.78 -8.02 SEOUL COMP 870.84 -0.44 SHENZHEN B139 words
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Article, Illustration711 2005-01-08 1 RONNIE LIM - SATURDAY SOAPBOX It will be good for consumers if supermarkets or other big retailers get into the petrol-pump business RONNIE LIM Energy Editor PETROL stations here have evolved into mini-marts. So why can't supermarkets or other big retailers here, in711 words
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Page 1 Advertisements
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Advertisement32 2005-01-08 1 V 85cents BT ONLINE Access to BT Online is free after 6pm each day. But print subscribers can access our online news anytime. Call 6388-3838 to subscribe and activate your online account.32 words
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Advertisement23 2005-01-08 1 RAFFLES CONVERSATION Harrah's CEO talks about ffl| casinos and S"pore PG3 H IPP wT" -,*.i ■tefl b 1 JH S k EDWIN KOO/ST23 words
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Advertisement72 2005-01-08 1 Five top picks for S'pore motorists pg TSUNAMI AFTERMATH Roses for volunteers pg 2 6-7 nations poised to back debt moratorium pg 2 Japan shares tsunami warning expertise pg 4 S'pore relief workers battle to bring aid to Meulaboh pg 4 A boost for cement, engineering, water and noodle stocks72 words
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TOP STORIES
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643 2005-01-08 2 TSUNAMI AFTERMATH They will also urge IMF, World Bank, ADB to extend needed financing [LONDON] The G-7 group of industrialised nations were to make a statement yesterday, which would back a debt moratorium for the stricken nations and urge the IMF and the643 words
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Article, Illustration554 2005-01-08 2 LIZA LIN - BY LIZA LIN [SINGAPORE] After nine hard days, volunteers at the Singapore Press Holdings collection centre for the tsunami victims exchanged their masking tapes and scissors for a rose each yesterday, as 120 stalks were distributed during a simple ceremony in appreciationSPH - 554 words
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Article838 2005-01-08 2 S'pore relief workers battle to bring aid to Meulaboh MEUIABOH, art idyllic fishing town 250 km south-east of Banda Aceh, bore the brunt of the Dec 26 tsunami disaster. Today, almost 80 per cent of the Indonesian town's infrastructure has been destroyed, while a third of its 60,000838 words
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311 2005-01-08 2 MICHELLE QUAH - Analysts expect size of its share offer to be substantial By MICHELLE QUAH [SINGAPORE] Leading food ingredients supplier Olam International which counts Temasek Holdings as one of its key private stakeholders is gunning for a mainboard listing on the Singapore Exchange. The311 words
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Article145 2005-01-08 2 IN yesterday's report, "Corporatised NUS, NTU given financial leeway", we said incorrectly that undergraduates currently pay about a quarter of their fees, with the government subsidising the rest. Undergraduates actually pay about 25 per cent of the operating costs of their courses as fees, with the government paying the145 words
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Page 2 Advertisements
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Advertisement61 2005-01-08 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: +65 6535 3382 F: +65 6535 3991 E:61 words
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Advertisement31 2005-01-08 2 Recruit from a wider audience .xXXX X X X %o %o %Q %Q %Q J %o mo HRRRHII Call 1800 289 8822 or email recruit@sph. com.sg for your recruitment solutions E3335g31 words
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RAFFLES CONVERSATION
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Article, Illustration1734 2005-01-08 3 VIKRAM KHANNA - Gary Loveman, CEO of Harrah's Entertainment, talks to VIKRAM KHANNA about the marketing revolution that has made his company the industry's biggest and most profitable VIKRAM KHANNA EIGHT years ago, he was a professor at Harvard Business School managing one secretary and one research assistant. Today, heCHRIS LOH - 1,734 words
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1062 2005-01-08 3 VIKRAM KHANNA - By VIKRAM KHANNA ONE of Gary Loveman's ambitions is to remove the stigma attached to casino gaming, and reposition the industry as a mainstream consumer business. It is something he is passionate about. "Essentially, in the United States, we're still living through prohibition," he says. "Casino1,062 words
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Page 3 Advertisements
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Advertisement65 2005-01-08 3 Raffles^ INTERNATIONAL Hotels Resorts A Member of CeprtaLand The Raffles Conversation is brought to you through a special arrangement with Raffles International Hotels and Resorts. The Traveller's Palm in the Raffles International logo is an apt symbol. Not only has water stored at the base of this palm provided sustenance,65 words
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TSUNAMI AFTERMATH
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528 2005-01-08 4 Its sophisticated technology could set up future alerts in the Indian Ocean Reuters. AFP [TOKYOI When residents of the northern Japanese island of Hokkaido were jolted awake by a pre-dawn magnitude 7.1 earthquake in November they only had to jump out of bed and flickReuters.; AFP - 528 words
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Article, Illustration454 2005-01-08 4 SNOEB KAGDA - SAF playing key role in rescue and relief operations By SNOEB KAGDA in Jakarta WHEN relief and emergency workers finally reached Meulaboh two days after deadly tsunamis destroyed much of Sumatra's west coast, they were unprepared for the utter desolation thatPHOTO: AP - 454 words
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629 2005-01-08 4 Reuters [BANGKOK! The tsunami dragged .down tourism stocks in Asia but the prospect of rebuilding is lifting cement and engineering firms and surprise beneficiaries such as water and noodle makers. Such stocks have helped make Thailand, Sri Lanka and Indonesia theReuters - 629 words
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IN BRIEF
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Article42 2005-01-08 4 Reuters [HONGKONG! Some of Asia's biggest names in show business, including action movie star Jackie Chan, kicked off a marathon charity concert in Hong Kong yesterday to raise funds for survivors of the world's deadliest tsunami on record.Reuters - 42 words
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Article67 2005-01-08 4 AFP [RIYADHI Saudis responded enthusiastically to a telethon staged to raise money for victims of the Asian tsunami disaster, donating US$B2 million, after the top oil exporting country had pledged a mere US$3O million. Meanwhile, neighbouring Kuwait announced yesterday it was rescheduling the repayment of hundreds ofAFP - 67 words
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Article37 2005-01-08 4 AFP [KUALA LUMPUR] Malaysia may again extend an amnesty for hundreds of thousands of illegal immigrants to let Indonesia focus on rehabilitating its tsunami-hit Aceh province, Prime Minister Abdullah Ahmad Badawi said yesterday. —AFPAFP - 37 words
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Article77 2005-01-08 4 Reuters [MADRID] IMF managing director Rodrigo Rato said on Thursday he did not expect the Asian tsunami, disaster to have a great economic effect. Asked in an interview with Spanish state radio whether the disaster would have a medium and long-term effect, Mr Rato said: "Not soReuters - 77 words
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Article68 2005-01-08 4 AFP [BANGKOK] Thailand's government insisted yesterday that no foreign victims of the tsunami have been buried in mass graves or cremated, amid concerns in Western countries about the remains of their nationals. "It's Thai government policy not to do anything with foreigners' corpses except with the consentAFP - 68 words
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Article57 2005-01-08 4 AFP [SYDNEYI Australia yesterday denied it had snubbed the United Nations by pledging its record tsunami aid package directly to Indonesia, rather than operating through the world body. Prime Minister John Howard, whose conservative government has often criticised the UN as ineffective, said a direct exchange with IndonesiaAFP - 57 words
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Article40 2005-01-08 4 Bloomberg [NEW DELHI] India will incur at least 70 billion rupees (552.63 billion) of damage and reconstruction costs from last week's tsunami that killed 9,995 people. The cost rose from the 53.3 billion rupees estimated on Thursday.Bloomberg - 40 words
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172 2005-01-08 4 AFP [SYDNEY] Australia's top shareholders' body criticised corporate donations to tsunami relief funds Friday, in contrast to the country's generous response to the Dec 26 disaster. The Australian Shareholders Association said companies had no right to give away shareholders' money. "Boards of directors don't haveAFP - 172 words
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Page 4 Advertisements
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Advertisement326 2005-01-08 4 IN THE MATTE* OF THE COMPANIES ACT CAP 5* AND IN THE MATTER OF •AN ANN SHIPPING PTE LTD MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Company duly convened and held at 3 Shenton Way #03-01 Shenton House Singapore *****5 on 31 December 2004 at 10.00 a.m..326 words
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Advertisement303 2005-01-08 4 In the Matter of 4m Companies Act (Chapter 50) and in lit* matter of KOHBYO PTE LTD (Reg no *****8089Z) (incorporated in Singapore) (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Members of Kohbyo Pie Ltd convened and held at 5 Toh Guon Road East *04-03 Singapore303 words
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Advertisement22 2005-01-08 4 _Lianhe Zaobao Non-core divestment: I UOB&I OCBCI CniKISBBIBI I dispose I $1.4b worth of shares I iftgflg'frgj* I vnzmmmmG&M I 14C*«www I22 words
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COMPANY NEWS
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Article, Illustration825 2005-01-08 5 ANGELA TAN - Improvements in core operations boost full year net profits to $358.4 million By ANGELA TAN SINGAPORE Technologies Engineering (ST Engg) yesterday reported a turnaround from the past two years of flat earnings when it unveiled a 10 per cent growth in net profit forFILE PHOTO - 825 words
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Article, Illustration844 2005-01-08 5 S KENNETH LIM - CORPORATE ANALYSIS Investors should not trash every company that fails to meet its targets, says KENNETH LIM S KENNETH LIM A BUSINESS newspaper's version of the general media's "if it bleeds, it leads" mantra may well be: "A profit warning makes Page One in theIE & trsoon by Ben Crus - 844 words
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Article, Illustration549 2005-01-08 5 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent ON the face of it, it was a pretty good week for the local stock market, with the Straits Times Index gaining about 19 points or 0.9 per cent at 2,085.58. On the face of549 words
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GRAPEVINE
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Article, Illustration129 2005-01-08 5 IS Keppel Group eyeing the famed Newton Circus hawker centre site for residential development? Keppel Corp executive chairman Lim Chee Onn and property arm Keppel Land managing director Kevin Wong were recently spotted at the hawker centre. An eye-witness said they walked around the hawker centre but did129 words
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Article96 2005-01-08 5 IT was a normal IPO launch party. Except, the share price of the debutante bombed on listing. Yet, the company officials were merrily popping champagne at one of Hong Kong's ritzy hotels. Asked why he was so happy despite the dismal share performance, one official said: "I am96 words
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Article99 2005-01-08 5 STOCK market players take note if you believe that the Singapore market correlates closely with Wall Street, then this could be a good year for you. US investment advisers and brokers Nollenberger Capital Partners had the following pearl of market wisdom to share in its Dec 20 report:99 words
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Article75 2005-01-08 5 NUCLEUS Electronics has always prided itself on being the first listed company here to announce its end of financial year results. But it looks like this time round, Nucleus may not be first after all. Originally scheduled for Jan 7, the company postponed its briefing at the last75 words
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442 2005-01-08 6 KAREN HO - New asset class could give local stock market a fresh boost By KAREN HO THE door is now open for registration of business trusts, paving the way for a new asset class for investors that is expected to add depth to442 words
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292 2005-01-08 6 KENNETH LIM - By KENNETH LIM HO Wah Genting International says three new investors have agreed to inject $1.25 million into the lossmaking company as the High Court approved a capital reduction exercise crucial to its restructuring. Ho Wah, a precision engineering company, said292 words
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Article170 2005-01-08 6 Bernama [KUALA LUMPUR] Fast-growing health equipment company Osim (M) Sdn Bhd expects a higher turnover for 2004 than the previous year as Malaysians become more health conscious and because the country is a relatively new market. Marketing manager Priscillia Ooi said prospects for the OsimBernama - 170 words
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239 2005-01-08 6 Bloomberg MALAYSIAN Plantations Bhd, which controls one of Malaysia's smallest lenders, yesterday had 5 per cent of its stock change hands in ofT-market trades worth RMIS7 million (5567.8 million), according to stock market data. About 58 million shares, or 5 perBloomberg - 239 words
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COMPANY BRIEFS
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55 2005-01-08 6 CHUAN Hup Holdings said it was not aware of any proposed takeover plan of the company or its unit CH Offshore by Malaysia's Scomi Group Berhad. The marine group, however, said it had been approached by Scomi on possible joint-venture opportunities but55 words
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84 2005-01-08 6 UNITED Overseas Bank said it has appointed Ngiam Tong Dow,an independent director, as a member of its nominating committee with effect from yesterday. In a separate announcement, UOB said it has subscribed for 73.3 million shares in its subsidiary UOB Life Assurance Ltd for $73.384 words
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72 2005-01-08 6 WANT Want Holdings said it has ended its joint venture agreement with Tissot Holdings and Beijing Xinggu Development Company. The rice cracker maker said the loss arising from the termination would amount to U*****,000. Want Want also announced the setting up of two new72 words
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40 2005-01-08 6 CONSTRUCTION group Leong Hin Holdings Ltd said its placement of 27.9 million new shares has been completed yesterday at 22.5 cents apiece. The listing of the new shares is expected to take place on Monday.40 words
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53 2005-01-08 6 NTI International Ltd said its chief financial officer Chong Yen Qui died yesterday. The group, which provides integrated information technology system solutions and services, said it wished to "place on record its deep appreciation for the invaluable contributions of the late Mr Chong53 words
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Article57 2005-01-08 6 STARHUB has appointed Alex Siow as head of business markets from Feb 1. Mr Siow replaces Kaizad Heerjee who will be moving to STTelemedia to join the ST T elemedia-TM International implementation team in their overseas venture at IDEA Cellular in India. Mr Siow is57 words
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44 2005-01-08 6 DAKA Designs Ltd said it has set up a customer service centre in Irvine, California. The Hong Kong-based product design and marketing company said the new centre will provide depot repair and maintenance services for its products.44 words
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47 2005-01-08 6 FOOD Empire said it has been informed of a litigation suit in the Ukraine Courts for a claim by TriumphChasu against its subsidiary Future Enterprises Pte Ltd. The action is for an alleged infringement of copyrights in jewellery used in advertisements.47 words
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Article4904 2005-01-08 6 UNIT TRUSTS FUNDS ShentcnThrift!" 1.124/ Shenton Income 1.514/ Shenton lncome(USD) 0.918/ AM Amu Ami Mgt (5 part) Shenton Asia Pacific!** 0.874/ Star Europe Eqty 0.791 shenton Gl) Opportunities/** 0.686/ Star (mpe Bond 28* Shenton Dynam* Bond/*..... 1.414/ Star Europe Bai 1131 dealer China 1.21V iS" *2? E< Mendaki Global/' 0.714/4,904 words
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Page 5 Advertisements
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Advertisement17 2005-01-08 5 BRAND NEW LAND HOUSE PACKAGE FREEHOLD FULLY EQUIPPED] ■Pgmt Marketing Agent: IJr Parkland Property Services Pte Ltd17 words
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Page 6 Advertisements
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Advertisement18 2005-01-08 6 r- laa t_ n J Jon Allianz (jfi) Dresdner DIT-Europazms rated AA by Standard Poor s A «et18 words
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PERSONAL INVESTMENT
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Article, Illustration1497 2005-01-08 7 TEH HOOI LING - SHOW ME THE MONEY TEH HOOI LING Senior Correspondent ARE Chinese companies listed on the Singapore Exchange of poorer quality than the rest of the new listings? Well, wonder no more. Here's the definitive piece on the perfbmance of China stocks vis-a-vis1,497 words
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Article, Illustration715 2005-01-08 7 KENNETH LIM - Compiled by KENNETH LIM United Overseas Land lm 7 dose: $2.14 KM ENG RESEARCH. Jan 7 ender MKT station, with an offer above the reserve price. Assuming the bid is at $46 million, the price per plot ratio jjg works out to $233 per sq ft, inclusive of $13.8Source: Bloomberg - 715 words
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Article974 2005-01-08 7 For week beginning Jan 3 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS MMH tar Neef Ma —P004JW6 1mm StaSSar 3 Am Par Mm Altar M C »Mar Ceae HW art fW> fgg HadiarTadi 5-JatvOS Tan ban Guan Of 300 034 0 0.00 300 0.14 TWHtalialr 5-JHV05 OianNyukUn Buy 132S 0-24974 words
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TRADES TO WATCH
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82 2005-01-08 7 FORMER Hong Leong Asia chief executive Wrixon Frank Gasteen no longer has any equity stake in the industrial and manufacturing arm of the Hong Leong Group after he let all 200,000 of his outstanding share options lapse on Jan 1. Mr Gasteen,82 words
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61 2005-01-08 7 ROWSLEY stakeholder Terence Peter Loh no longer has a substantial holding in the former aspnetcentre after selling 878,000 shares on the open market on Tuesday. No pricing information was disclosed. The sales took Mr Loh's holdings to 4.99 per cent from 5.15 per cent. Shares61 words
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114 2005-01-08 7 BRITISH Virgin Islands-incorporated investment vehicle Apexwell Enterprises sold its entire 20.7 per cent stake in Teledata (Singapore)—or 99.7 million shares on Dec 29, the same day it bought them from Intraco at 3.56 cents apiece. Teledata chairman and managing director Quek Chek Lan114 words
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161 2005-01-08 7 KENNETH LIM - Compiled by KENNETH LIM KING'S Safetywear deputy executive chairman Chan Sian Kheong sold three million shares at 22 cents apiece in married deals on Thursday and is now in direct control of just a 1.45 per cent stake from 2.82 per cent previously. Executive161 words
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BT INVESTMENT ROUNDTABLE
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Article, Illustration1830 2005-01-08 8 OVERVIEW With cross-trading between the Singapore and Malaysian bourses on the horizon amid warmer bilateral relations, will Singapore investors put the Clob issue behind them and take another look at Bursa Malaysia? And if they do, what prospects would KL stocks offer in1,830 words
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Page 8 Advertisements
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Advertisement39 2005-01-08 8 {IllII iiju. uui.iji wwjnpmwmnu ,IJWPP.|^ < MM,W, **jmawjmiv.-wwi mmmmm wmmmmm—mmmmmmmmwmmmmmmmmm—mmmmmmmhmmm i get a Leading Edge I Your sailing schedules get wider attention in The Business Times shipping pages I Call Joe Wong at 63 19-2062 or Bernard Ong at 6319-164539 words
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SINGAPORE NEWS
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Article, Illustration454 2005-01-08 9 JEAN CHUA - It is seen making up one-third of US$870b global market by 2007 By JEAN CHUA CORPORATE travel in the Asia-Pacific region is expected to make up about a third of a global market worth US$B7O billion by 2007, with China, Japan and IndiaSource: Carlson Wagonlit Travel - 454 words
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Article, Illustration258 2005-01-08 9 DANIEL BUENAS - By DANIEL BUENAS ALMOST 45 per cent of Nanyang Technological University's (NTU) third batch of 38 graduates from its Technopreneurship and Innovation Programme (TIP) have started businesses or have joined a business start-up, the university revealed yesterday. Hie number of gradu-ates-turned-entrepreneurs that the programme has producedNUR AZHA PUTRA - 258 words
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274 2005-01-08 9 A NEW building law coming into force this year could give rise to "operational problems", said Amy Khor, chairman of Government Parliamentary Committee (National Development and Environment), yesterday. This is due to the introduction of subsidiary management corporations (MCs) for mixed developments in the274 words
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207 2005-01-08 9 TO celebrate its 20th birthday. Network for Electronic Transfers (Singapore) (Nets) is offering customers the opportunity to buy nine items, which are normally expensive, for much less at just Ss2o each. These items include iPod mini MP3 players,207 words
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271 2005-01-08 9 CHEN HUIFEN - By CHEN HUIFEN BRITISH drug discovery firm Paradigm Therapeutics yesterday said it has acquired Cambridge—based medicinal chemistry company Amedis Pharmaceuticals for an undisclosed sum. As part of the deal. Paradigm Therapeutics, which is backed by the Economic Development Board (EDB), has also raised cash271 words
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Page 9 Advertisements
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Advertisement1308 2005-01-08 9 |J^^J^|Q^JjJ|jj|J|^r^^*ertis^ainoll^ree^Boo^B^Mt22^Enwil^odces®Bphxom^sg^ CRAFT PRINT INTERNATIONAL LIMITED Company Reg. No. *****1572K (Incorporated in The Republic Of Singapore with limited liability) NOTICE IS HEREBY GIVEN that the Annual General Meeting of Craft Print International Limited ("the Company") will be held at 9 Joo Koon Circle, Jurong, Singapore *****1 on Tuesday. 25 January 20051,308 words
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Advertisement18 2005-01-08 9 Rtteasinga financial statement? Call 1800 289 8822 or email notkesOsph.com.sg to book your advertisement in our newspapers now.18 words
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Advertisement19 2005-01-08 9 Releasing a financial statement? Call 1800 289 8822 or email notkesOsph.com.sg to book your advertisement in our newspapers now.19 words
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NETWORK SINGAPORE
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Article, Illustration1143 2005-01-08 10 TIMOTHY TOH - LETTER FROM FRANKFURT Apart from commercial importance, what TIMOTHY TOH admires about Germany are its breath-taking scenery and clear distinction between work and play TIMOTHY TOH RRMANY is a beautiful country. Beyond the common stereotype of the ABCs of Germany autobahn, m m beer, castles and sauerkraut, it1,143 words
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Article7832 2005-01-08 10 Transaction date: Jan 7 52-Wk Tai Lift Vol Day Last Quote GrDtv Drv GrVW Nat MCap H«» Low Code Company Sala W- COOP) Hij» Low »«yar Satar Cvf P<t Sail 25.5 5 5716 1st Software Sc 7.5 +0.5 1807 7.5 7 7 7.5 30 J 34 5 15.57,832 words
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Page 10 Advertisements
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Advertisement90 2005-01-08 10 Timothy Toh is the centre director of International Enterprise Singapore's Regional European Office based in Frankfurt. After spending four years in London reading gi Engineering, Mr Toh worked for five years in a Fortune 500 company before joining the public service. He is married to Hye-rin Oh, a Korean. He90 words
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Advertisement32 2005-01-08 10 Share your experience All overseas Singaporeans working or studying abroad are invited to share their experiences with readers on our Network Singapore page. E-mail your contributions to btletter@sph.com.sg. Photographs are welcome too.32 words
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ECONOMY WATCH
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489 2005-01-08 11 Analysts also expect currencies, including Sing to outperform Reuters [NEW YORK] Emerging market investors may find slocks and currency markets to be more rewarding than bond markets as 2005 progresses, analysts said. Sovereign debt from emerging markets is expected toReuters - 489 words
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367 2005-01-08 11 Reuters [NEW YORK] The greenback, which generally has been immune to the vagaries of the US housing market, could benefit from any slowdown in the sector in 2005 after years of vibrant growth as the currency struggles to emerge from a long-term downturn,Reuters - 367 words
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353 2005-01-08 11 LATEST US INDICATORS Reuters, AP. Bloomberg [WASHINGTON] A smaller-than-expected 157,000 new jobs were added to US payrolls in December as retailers surprisingly shed employees during the holiday shopping season, the Labor Department reported yesterday. In 2004 as a whole, job creation was relatively strongReuters,; AP.; Bloomberg - 353 words
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Article3768 2005-01-08 11 STRAITS TIMES INDEX STOCKS m On Ctaaga T»i*iibi at Om C*««|i Mmm' W On Qn|i OiyiSBt 0.32 1.178 *XBD HKUndqSIOc 3.13 2500 -0J10 STEngglOc 140 2420 >0.020 —.IWBUS20C 044 0300 -ftOg tOwnrCwp 040 5.300 40.080 STAT5Q»25c 0.42 0.900 -0.005 140 two «MM JMHUS25c400 4J4 17.100 40.700 S«mbCorplnd25c 1.17 1.7403,768 words
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MALAYSIA/INDONESIA
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452 2005-01-08 12 He sells his entire 5% stake but remains a shareholder in QSR [KUALA LUMPUR] Johari Abdul Ghani, managing director of KFC Holdings (M) Bhd (KFCH), sold his entire 5 per cent stake in the company, but remains a shareholder of KFCH452 words
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Article163 2005-01-08 12 Scomi buys Bell Order Reuters [KUALA LUMPUR] Malaysian oil services firm Scomi Group Bhd will take over loss-making telecoms equipment maker Bell Order in a RM2BS million (*****.4 million) all-share deal. "B 0 would emerge as a subsidiary of Scomi with approximately 71 per cent equity interest," Scomi said inReuters - 163 words
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Article2559 2005-01-08 12 wot FSBM .0*1 unch 112 K 1*7 Ml fMO) FTEC Resources 0.47 0.03 9899 N Furqan Bus Org 0.35 unch 980 N ASM Realty 128 003 17 Gadang 1.41 unch 996 Abric 0-54 0.03 333 Gamuda 5.15 unch 1211 ACP Industries 120 0 05 23 General2,559 words
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Article, Illustration568 2005-01-08 12 PAULINE NG - By PAULINE NG in Kuala Lumpur MALAYSIA has defended its system for importing cars through approved permits or APs as a bumiputra privilege, and says it intends to keep to it "for the foreseeable future". However, Minister of International Trade Industry Rafidah Aziz said theBLOOMBERG - 568 words
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162 2005-01-08 12 Bloomberg (KUAIA LUMPUR] MMC Corp, a construction and engineering company that controls Malaysia's fastest growing port, sold some of its stake in Sime Darby Bhd for RM2BS million (Ssl24 million) as part of a plan to reduce debt. MMC sold 50 million sharesBloomberg - 162 words
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525 2005-01-08 12 Bloomberg [JAKARTA] Indonesia has invited 18 overseas banks including Deutsche Bank AG and HSBC Holdings to pitch for a sale of as much as US$l.5 billion of bonds, a Finance Ministry official said here yesterday The aftermath of the Dec 26 tsunamiBloomberg - 525 words
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Article, Illustration266 2005-01-08 12 Bloomberg IKUAIJ\ LUMPUR] Vincent Tan's MiTV Corp, which expects to begin full-scale operations in the second quarter, announced yesterday it may sell shares in an initial public offering. The company is aiming for a sale on the stock exchange's Main Board, chief operating officerBloomberg - 266 words
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GREATER CHINA/INDIA
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Article, Illustration455 2005-01-08 13 Takeover will make CNOOC China's biggest oil producer Bloomberg [HONGKONG] Unocal Corp shares had their biggest gain in almost six years after the Financial Times newspaper said China National Offshore Oil Corp (CNOOC), the third-biggest Chinese oil company, may bid more than US$l3Bloomberg; AFP - 455 words
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267 2005-01-08 13 Reuters [NEW DELHI] India's Oil and Natural Gas Corp (ONGC) said yesterday that it is talking to Russia about assets of oil major Yukos. following a report that it was seeking to buy a stake in the Russian firm's main unit.Reuters - 267 words
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Article236 2005-01-08 13 Reuters [HONG KONG] Leather products distributor Pearl Oriental Enterprises wjll buy 40 per cent of a Macau hotel development project from three Macau companies for HK$5l4 million (*****.5 million). The company said yesterday that HK$23B million of the purchase price will be paid inReuters - 236 words
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236 2005-01-08 13 Reuters [HONG KONG] One of Hong Kong leader Tung Chee-hwa's top lieutenants has resigned after a tabloid magazine published photographs of him with a female friend, dealing a fresh blow to Mr Tung's embattled government. LamWoon-kwong, who was director of the chief executive's office,Reuters - 236 words
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Page 13 Advertisements
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Advertisement88 2005-01-08 13 I Thank You Singapore! I For your heartwarming response to the Singapore H I I£k IHPISH Press Holdings' donation drive to help the Asian H I Your generous donations of nearly to the Singapore Red Cross Tidal Waves Asia fund I I and the container loads of essential I fl88 words
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ASIA-PACIFIC/WORLD
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Article, Illustration545 2005-01-08 14 In demand are US$2.3m boats equipped with flat screen TVs Reuters [NEW YORK] With Wall Street bonuses lining the pockets of many New Yorkers, multi-million-dol-lar yachts are making a comeback at the New York National Boat Show. Among the most popular boatsReuters; REUTERS - 545 words
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Article477 2005-01-08 14 Reliance Industries will be revamped, not split: report —AP. Reuters. Bloomberg [NEW DELHI] The two feuding brothers of India's most powerful business family, the Reliance group, are heading for a legal separation in what could have a significant bearing on the country's booming stock market,—AP. Reuters. Bloomberg - 477 words
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Article159 2005-01-08 14 NYT [CHICAGO] One of the wealthiest and most philanthropic families in Chicago settled an internal legal battle on Thursday, handing two siblings US$9OO million and clearing the way to break up the US$l5 billion empire of the Pritzker clan. Liesel Pritzker, 20, a student at ColumbiaNYT - 159 words
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487 2005-01-08 14 ANTHONY ROWLEY - By ANTHONY ROWLEY in Tokyo JAPAN'S Minister for Defence, Yoshinori Ohno. vowed yesterday to do his utmost in the New Year to open a "formal dialogue" with China on security issues in the interest of a peaceful Asia. Acknowledging in his487 words
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Article316 2005-01-08 14 LAT-WP [LOS ANGELES] Michael Eisner, Walt Disney Co chief executive, faced a shareholder revolt in 2004 that cost him his chairman's title, but the year wasn't all bad: he received a U557.25 million bonus. The money marks Mr Eisner's first cash bump since 2000, comingLAT-WP - 316 words
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Article3050 2005-01-08 14 Transaction date: Jan 7 HONGKONG v«t a® und, hm E gana jewellery 130 -0.02 1697 EganaGoldpfeil 1.53 -0.02 2958 Ami(M| 5 40 015 96 E*r»t Holdings 44.50 1.10 3477 ::::i75 AJphe General 069 unch 0 FEPharmTech 007 unch 0 Angara Nnv Steel H J .90 0.03 ***** PT®????*"3,050 words
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MOTORING
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Article, Illustration1009 2005-01-08 15 SAMUEL EE - With COE premiums at their lowest in more than a decade, this year is a good time to buy a new car. But which one? SAMUEL EE lists the five cars to look forward to in 2005 SAMUEL EE Mercedes-Benz CLS-Class It may be based on1,009 words
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Article, Illustration329 2005-01-08 15 GEOFFREY EU - By GEOFFREY EU AS if there isn't enough glamour attached to the world of Formula One, the ongoing romance between Ferrari boss Jean Todt and actress Michelle Yeoh has all the trappings of life in the fast lane. The couple met at the opening of329 words
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Article830 2005-01-08 15 GEOFFREY EU - GEOFFREY EU speaks to the man behind Ferrari's Formula One success story GEOFFREY EU! MOTOB sports enthusiasts who claim to have engine oil coursing through their veins will happily testify that motor racing is akin to religion, but for many Formula One fans around the world,830 words
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HEALTH
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Article, Illustration902 2005-01-08 16 New findings may explain why many patients with low cholesterol still suffer heart attacks LAT-WP [WASHINGTON] DAMPING down inflammation in the body appears to be just as important for fighting heart disease as lowering cholesterol, according to a pair of new studiesLAT-WP; FILE PHOTO - 902 words
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709 2005-01-08 16 AP [NEW YORK] Tiny "miracle babies" make for heartwarming stories, but the reality is that nearly half of all infants born extremely premature have significant learning and physical disabilities by the time they reach school age, the largest such study found. Medical advances have allowed doctorsAP - 709 words
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525 2005-01-08 16 JEFF TURRENTINE - By JEFF TURRENTINE LAT-WP [WASHINGTON] Recently, at the behest of my wife, I tossed out a bottle of over-the-counter allergy medicine I'd barely used since I bought it in Y2K. I'd seen fit to pack and move it across the country no fewer thanLAT-WP - 525 words
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Article, Illustration530 2005-01-08 16 AP [NEW ORLEANS! If exercise is too much of an uphill battle, you may want to try the downside. A novel study of hikers in the Alps made the intriguing discovery that different types of exercise had different effects on fats and -sugars inAP - 530 words
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WELLNESS
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Article, Illustration1090 2005-01-08 17 JUDY CHAPMAN - After the feasting of the festive season, it's time to rid the body of the accumulated toxins, says JUDY CHAPMAN JUDY CHAPMAN THERE'S probably no better time to consider a detox than after the Christmas and New Year celebrations. The festive season providesFILE PHOTOS - 1,090 words
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Page 17 Advertisements
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Advertisement356 2005-01-08 17 ;v. t s«r J,. w^^T"''*'"™' "Casual French Dinkw" is the taoline of this charmina 10Scotts Road. Td: *****234 drunken prawns and crabs can behad for Just $M+++ £SB!!ZSSXl£tt IncMge in a detectable spread of Japanese dishes. about haute French cuisine than it is abdtitbayfeg a charged to )roufO,nefsaub Card. Thursdays,356 words
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Page 17 Miscellaneous
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Miscellaneous191 2005-01-08 17 CRYPTIC CROSSWORD 4 Individually produced, the 1 Admit hawing originally told untruths, made to HH 13 Usually one should admit a __HH-—-JHL-—HH—-JL-JHHHHHft— grave wrong (2,7) I I I I I I I 1 I I I I bride's tolerance 22 How prices are displayed by Mm pub laws (3,5) —JHBt—^—191 words
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SHOPPING
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Article, Illustration1399 2005-01-08 18 CORINNE KERK - Bonuses have been paid out and increments worked in. The question that remains is —what will we be spending the moolah on this year? Before you whip out that credit card, here's the heads up from those in the know, says CORINNE KERK CORINNE KERK APPAREL The strongest1,399 words
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PURSUITS
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Article, Illustration1209 2005-01-08 19 GEOFFREY EU - PERSONAL SPACE The architectural in-thing now is to create spaces that suit your personality, says GEOFFREY EU GEOFFREY EU HERE'S a news flash for design-con-scious home owners as well as anyone in the process of doing some home improvement this year: generic modern designCHRIS LOH - 1,209 words
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FOOD
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Article, Illustration1463 2005-01-08 20 GEOFFREY EU - GEOFFREY EU tries out a couple of all-meat Western restaurants in Singapore offering exotic signature dishes GEOFFREY EU GIVFN the continual broadening of our multi-cultural culinary environment, anyone with a taste for the humble barbecue will discover that a meal featuring meat or seafood grilled orARTHUR LEE/CHRIS LOH - 1,463 words
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Article, Illustration673 2005-01-08 20 CHEAH UI-HOON - By CHEAH UI-HOON IF there's one thing that doesn't impress Andreas Stalder, vice-president of food beverage of the Hyatt International Hotels and Resorts, it's fusion food. His inscrutable face springs to life when he broaches the subject of fusion in the kitchen theCHRIS LOH - 673 words
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