The Business Times, 4 June 2005

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Total Pages: 24
1 24 The Business Times
  • 16 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents MICA (P) 089/03/2005 online at http.//bus»ness-times^sialxom.sg June 4-5, 2005
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  • 1319 1  -  PwC says he fostered 'a culture of secrecy' that hid losses from the board —but report also points to failure at every corporate level By MICHELLE QUAH [SINGAPORE] The final report on the China Aviation Oil (CAO) debacle has put the heaviest
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  • 697 1  -  Good times roll for retailers in year's biggest shopping event By CAROLYN QUEK andCHLOECHOY [SINGAPORE] Confident retailers say first-week figures show that this year's Great Singapore Sale is on course to outstrip last year's record sales of $4.6 billion. Shopping centres along
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  • Page 1 Advertisements

  • TOP STORIES
    • 720 2  -  Guangdong, Shanghai and Jiangsu come out tops in NTU study By JEAN CHUA (SINGAPORE] Xinjiang, Heilongjiang and Inner Mongolia are some of the unexpected names that came up in a new competitiveness ranking of China's 31 provinces, municipalities and autonomous regions done by
      AFP  -  720 words
    • 613 2  -  Bank Negara chief prods banks to restore confidence By PAULINE NG in Kuala Lumpur AN 11th hour reassurance by Malaysia's leading banks that they remained committed to share financing activities brought some calm to a jittery stock market. As the Second Board
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    • 274 2 Reuters [LONDON] Driving badly? Then ditch the pastry and reach for the mints. Different odours affect the way motorists drive, with fast food scents likely to increase road rage potential and other smells like peppermint deemed to improve concentration, Britain's RAC
      Reuters  -  274 words
    • 603 2 OCBC Bank opens new Malaysian headquarters OCBC Bank chairman Cheong Choong Kong invoked his own variant offeng shui at the opening of the bank's new Malaysian corporate headquarters and main banking branch in Kuala Lumpur yesterday. During the opening ceremony of Menara OCBC, the latest in the bank's
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    • 698 2  -  Forecasts also trimmed for all sectors but one By NANDE KHIN [SINGAPORE] After a weak-er-than-expected first quarter, private economists have trimmed their fullyear growth projection from 4.3 per cent to 3.8 per cent close to the midpoint of the official forecast of
      698 words

  • COMPANY NEWS
    • 417 3  -  Country will remain vital part of bank's plans, says chairman By LIZA LIN CHEONG Choong Kong, OCBC Bank's chairman, invoked his own variant of feng shui at the opening of the bank's new Malaysian corporate headquarters and main branch in Kuala Lumpur yesterday. During the
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    • 376 3  -  By LISA TAN OCBC Bank is offering retail investors a new structured deposit that comes with an upfront interest payment and a bonus payment on maturity based on a "look back" mechanism. The minimum investment for this Singapore dol-lar-denominated "Best Choice Structured Deposit" is
      376 words
    • 181 3 BANKER Wee Cho Yaw's Wee Investments Pta Ltd has been building up its stake in United Overseas Land (UOL), buying 2.05 million shares this week alone at a cost of $4.6 million, or $2.25 a share. This raised its stake to 8.55 per cent
      181 words
    • 806 4  -  CORPORATE ANALYSIS S'pore should look at training in view of tight supply of professionals with upstream experience, reports RONNIE LIM RONNIE LIM THE hunt for top talent like geologists and geophysicists needed for oil and gas exploration and production (E&P) in this region is proving
      806 words
    • 317 4  -  By DANIEL BUENAS LONGCHEER Holdings has refused to pass on the $696,000 it is receiving from DBS Bank to the subscribers of its initial public offering (IPO). A company statement by the recently listed Chinabased mobile-phone handset designer yesterday said that it
      317 words
    • 547 4  -  STOCKS R SIVANITHY Senior Correspondent STOCK jnarket bulls this week proved what a tenacious bunch they are. pushing the Straits Times Index (STI) to two consecutive five-year highs over Thursday and Friday. Yet other than simple riding of prevailing momentum, reasons why anyone should
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    • 863 4 For week beginning May 30 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS ill* No of Mc« SHAREHOLDING Tram Shareholder Sw Shares Par Man Altar SWdi Pa«a Wracfr Com tm Slar C—I jig Datacraft Asia 2-Jun-05 Yung-Cheng Yung Sc<l 10 1.12 40 0.01 30 0.01 Raffles Edu 2-Jun-05 Chung Gimlian -Sell
      863 words
    • GRAPEVINE
      • 165 4 THE irrepressible Lee Han Shih is at it again. The former BT columnist lives up to his reputation for off-the-wall independent-mindedness with his latest project, a magazine with a difference. And what a difference. According to online media journal IT Journo Asia, not only will
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      • 96 4 ROBERT Gow, chairman of life sciences firm Herbal Science, told BT how he went from being a real estate businessman to found a science firm. He was in Hawaii looking at some land with acres of kava. "I wondered whether I should keep that, so
        96 words
      • 92 4 AT a recent traders' conference, former CNN programme anchor Riz Khan entertained the delegates with his illustration of what key performance indicators (KPIs) mean. He told a story about a bus driver and a priest at the gates of heaven. The guards asked the first
        92 words
  • Page 3 Advertisements


  • RAFFLES CONVERSATION
    • Article, Illustration
      2083 5  -  United Technologies CEO George David believes investors hate bad news. He tells AMIT ROY CHOUDHURY how he keeps the diverse engineering conglomerate humming and his shareholders happy AMIT ROY CHOUDHURY GEORGE David, chairman and chief executive officer of Hartford, Connecticutbased United Technologies Corporation (UTC), firmly believes that
      ARTHUR LEE  -  2,083 words
    • 114 5 UNITED Technologies Corporation's presence in Singapore is impressive with 35 legal entities, 15 locations, US$l billion in revenues last year and the most important —4,000 employees. The revenue figure represents the third highest in Asia after Japan nd China which contribute in the region of US$l.7 billion.
      114 words
  • Page 5 Advertisements
    • 108 5 |jj|pii! The Raffles Tj 1 X Conversation is I Oil I brought to you -A. I 1 through a special INTERNATIONAL arrangement with TT _y> Raffles International Hotels Resorts Hotels and Resorts. A Mambar off Capita Land The Traveller's Palm in the Raffles International logo is an apt symbol. Not
      108 words

  • BT INVESTMENT ROUNDTABLE
    • 3041 6 TELECOMS OVERVIEW FACED with a mature mobile market where nine out of 10 people already own handphones, Singapore's three telecom operators Singapore Telecommunications, Star Hub and Mobile One (Ml) face an uphill task in finding new growth avenues. While Sing Tel today generates over 70 per cent
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  • SINGAPORE NEWS
    • 783 7  -  But balance of three legs will have to shift to reflect new relationships By DANIEL BUENAS SECURING the future for a new Asia will require balancing the relationships between the US, China and Japan, managing potential hotspots in the region and fostering closer
      TAN SUAN ANN/ST  -  783 words
    • 340 7  -  By DANIEL BUENAS SINGAPORE has successfully concluded negotiations for a four-nation trade agreement allowing more than 90 per cent of total trade in goods among the four parties to be duty free when the pact comes into force, which is expected in 2006.
      340 words
    • SINGAPORE ROUNDUP
      • 100 7 THE Ministry of Finance seeks public comment on proposed amendments to the Income Tax Act. The consultation exercise opens today and closes on July 3. Some of the Budget 2005 tax changes to be legislated include the introduction of loss carry-back, the reduction
        100 words
      • 97 7 EFFECTIVE yesterday, Shell is offering a 10 per cent discount on its petrol prices, and Escape points on net petrol purchases. This offer is in addition to Shell's ongoing promotion of instant petrol redemption of $20 for 400 Escape points, instead of the usual
        97 words
      • 62 7 THE NUS Business School has appointed Christopher Earley its dean for a three-year term, effective June 1. Prof Earley, who is department chair of the Organisational Behaviour group at the London Business School, succeeds Lim Chin who had served as acting dean since July
        62 words
    • 445 7  -  ISRAEL-S'PORE LINKS 47 projects, staffed by 700 engineers, research scientists By CHEN HUIFEN THOUGH it's not widely known, Singapore and Israel have been partners on the high-tech front since 1997, having spent a total of US$5O million on joint research projects to
      445 words
    • 297 7  -  By JOSEPHINE TAY A NEW cut grading software for the diamond industry has been unveiled by Singapore-listed Israeli company, Sarin Technologies, and Gemological Institute of America (GIA) at the annual JCK show, the world's largest jewellery trade show in Las Vegas. The
      AFP  -  297 words
  • Page 7 Advertisements
    • 38 7 «m mmmmam mm m ,u m«*»in i ~j Get a Leading Edge I Your sailing schedules get wider attention in The Business Times shipping pages Call Joe Wong at 6319-2062 or Bernard Ong at 6319-1 645 Shipping Times
      38 words

  • SINGAPORE ARTS FESTIVAL
    • 507 8  -  Two exhibitions showcase how everyday objects can reflect art, writes STEPHANIE BURRIDGE STEPHANIE BURRIDGE THE "season of brilliance" being upon us during the arts festival month, two Australian exhibitions at The Arts House capture this in colours and textures. Quintessentially Sydney, Dinosaur Designs is sophisticated,
      507 words
    • 475 8  -  By PARVATHI NAYAR IN a post-show discussion after The Busker's Opera the latest offering by Robert Lepage and Ex Machina at the Singapore Arts Festival the celebrated multimedia maestro talked about wanting to "bring playfulness back into theatre", saying: "There are lots of actors but few
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  • Page 8 Advertisements
    • 121 8 Ninety-two E5O companies have gone on to list on the local bourse. Your company can do it too! Nominations for the s 2005 Enterprise 50 Award ki::bir'' are now open Companies can nominate themselves for the 2005 Enterprise awards by completing the official nomination form. Companies must be home-grown, privately-owned
      121 words

  • PROPERTY
    • 836 9  -  To appreciate the new SMU campus, one must understand how the buildings relate to their context, says ARTHUR SIM ARTHUR SIM AFTER the Esplanade and the new Supreme Court building, the new Singapore Management University campus must be the most anticipated work of architecture to
      836 words
    • 34 9 UNIT TRUSTS FUNDS LEGEND:All prices are indicative;Broadly Diversified; Narowly Focused;$ Lower Risk;^ Low to Medium Risk;& Medium to High Risk;** Higher Risk;open-ended;+Before subdivision of units;After subdivision of units;SP after stock split N.A-Non Dealing Day
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  • Page 10 Advertisements
    • 736 10 Ca D t ,STR CT 05 S V^ RICT 11 0 D,^ RICT 14 I D,STR,CT 19 b DIST a! CT 20 N Patrick Tel: *****201 Owner Teh 9815 9689 Nelson Tan Tel: *****099 Perry Tel: 945S 680T Nelson Tan Tel: *****099 DISTRICT 07 MSTRICTn A DISTRICT 15 J DISTRICT
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  • Page 11 Advertisements
    • 3337 11 Bk 001-08 Hk 001-08 Hk 001-08 ||k 001-08 fflk 001-08 Wk 001-08 Wk 001-08 tfk 001-08 RRjt 001-08 fffk 001-08 J CITY a SOUTH-WEST EHj CITY 8 SOUTH-WEST EQ CITY 8 SOUTH-WEST EfeQ CTTYaSOUIH-WEST ESI CTTY a SOUTH-WEST EHj OTY a SOUTH-WEST QQ OTY a SOUTH-WEST CD CITY a SOUTH-WEST
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  • JOBS
    • 505 12 French executives said to oppose move to elevate Gerardo Braggiotti Reuters [PARIS] Influential Italian banker Gerardo Braggiotti has resigned from Lazard in a clash over promotion, a source familiar with the matter said on Thursday. The resignation of one of the investment
      Reuters  -  505 words
    • 634 12 Bloomberg [GREENSBORO, North Carolina] McDonald's Corp has put its Australia chief Guy Russo in charge of China as it tries to catch Yum Brands! Inc's lead in the world's fastest-growing economy. Mr Russo, 45, started at the world's biggest restaurant chain at
      Bloomberg  -  634 words
    • 401 12 NYT [NEW YORKI Merrill Lynch shuffled its top management ranks on Wednesday, appointing Robert McCann to replace James Gorman as the head of the firm's retail brokerage business. Mr Gorman, who had run the business since 2001, takes on a new title as head of
      NYT  -  401 words
    • 666 12 Bloomberg [NEW YORK] Eastman Kodak Co's Antonio Perez, who became CEO of the world's largest photography company on Wednesday, takes over as growth of digital camera sales slows and consumers turn to cheaper models. Mr Perez, formerly Rochester, New York-based Kodak's president,
      Bloomberg; AFP  -  666 words
    • 125 12 Bloomberg [TAIPEI] Taiwan Semiconductor Manufacturing Co's (TSMC) deputy chief executive, F C Tseng, will retire from the world's largest supplier of made-to-order computer chips within two to three years, the Commercial Times reported, citing Mr Tseng. Mr Tseng, 61, will spend more
      Bloomberg  -  125 words
    • EXECUTIVE MOVES
      • 56 12 CITIBANK has appointed Lee Ah Boon (right) consumer business manager for its China operations. He was previously head of Citibank's consumer business in Singapore. Mr l.ee will be responsible for Citibank expanding its consumer business in China as well as its credit card joint
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      • 88 12 GRF.G Seow Fook Him, executive chairman, DBS Asset Management Ltd, has been named deputy chairman of the Singapore Land Authority (SLA) board for a one-year term from June 1. He is also chairman of the SIA board's audit committee. BG (NS) Lam Joon Khoi
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      • 71 12 CHRISTOPHER Earley. department chair of the organisational behaviour group at London Business School, has been appointed Dean of the National University of Singapore (NUS) Business School on a three-year term from June 1. Professor Earley takes over from Professor Lim Chin, who has served
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      • 35 12 UNITED Overseas Bank has appointed Lee Wai Fai as its chief financial officer. This is in addition to his current post as executive vice-president of the bank's corporate services.
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      • 50 12 CANON Singapore announced that Alan Chng (above) has been appointed vice-president of the office systems and solutions division on June 1. Based in Singapore, Mr Chng will be responsible for the growth of the division in the South and South-east Asia region.
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      • 61 12 ELLIPSIZ Ltd has announced the appointment of Bick Kenneth Hodgman as an independent and non-executive director of its board. Having earlier served four years on the group's board, Mr Hodgman's return comes after a nine-month absence to focus on increased responsibilities at Broadcom Singapore, of
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      • 56 12 BBC World has appointed Bipasha Ghosh (above) as its new senior marketing manager (Asia) and Elaine Ang as its marketing executive (Asia). Both are based in BBC World's Singapore office. Ms Ghosh will be responsible for both business-to-business and business-to-consumer marketing activity in
        56 words
      • 49 12 JISHAN Holdings appointed Wong Gang as its new independent director from May 31. A partner of law firm Shook Lin Bok, Mr Wong, formerly Jishan's company secretary, replaces Shen Jian Lin, who has resigned. Chow Yew Kee was named the new company secretary.
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      • 51 12 SG Private Banking (Asia Pacific) has appointed Pierre Baer (above) as head of marketing for the region. He will assume this position in addition to overseeing the development of SG's strategy towards asset diversification from Europe to Asia. Mr Baer is based in
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  • Page 12 Advertisements

  • Page 13 Advertisements
    • 888 13 Business Finance Role with Regional Focus Allows Interaction with Senior Management Finance Candidates Supporting IT Group in Banking Preferred Operating worldwide with more than 70,000 employees, our client is a recognised leader in materials and packaging. One of its divisions, with a comprehensive product range used in the transportation industry,
      888 words
    • 902 13 Business Finance Role with Regional Focus Allows Interaction with Senior Management Finance Candidates Supporting IT Group in Banking Preferred With manufacturing, sales and services operations in six continents, our client is renowned as a frontrunner in the development, delivery and improvement 2 of healthcare products and services. 3 Asia is
      902 words

  • REGION
    • 517 14  -  But major shareholders could challenge receivers' plan B y S JAYASANKARAN in Kuala Lumpur THE receivers of Northern Utility Resources (NUR) are planning to sell the company, which generates and distributes power within an industrial park in northern Kedah state, to national utility
      517 words
    • 388 14 AP, Bloomberg [JEJU, South Korea] China's top trade official lashed out yesterday at new restrictions on Chinese textile exports imposed by the United States and European Union, as Washington's top trade representative defended the move. Commerce Minister Bo Xilai said Beijing expressed "strong dissatisfaction" with
      AP,; Bloomberg; AFP  -  388 words
    • 288 14 Reuters IKUAIJV LUMPUR] Malaysia's top investment bank, CIMB Bhd, said it would announce a key transaction on Monday, about five months after it said it would buy Singapore's secondbiggest domestic broker. The investment bank, the clear domestic leader in arranging equity
      Reuters; Source: Bloomberg  -  288 words
    • 6 14 Transaction date: Jun 3
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    • 357 15 Sponsorship level much greater than expected, say China Games officials Bloomberg [BEIJING] This city may host the most profitable Olympics ever by exceeding the US$224 million surplus made by Los Angeles in 1984, according to the International Olympic Committee official overseeing
      Bloomberg  -  357 words
    • 297 15 NYT [BANGALORE] Each year, stock market analysts, company chief executives, government planners and even foreign investors eagerly await word on an indicator pivotal to India's economy: the forecast for the June-September monsoon season. So on Thursday, when the government's weather research centre backtracked from a
      NYT  -  297 words
    • 1251 15 Transaction Date: Jun 3 MOST ACTIVE STOCKS VOLUME VALUE Accord Customer 2.5c 34.258.000 DBS Grp 48.437.400 People's Food HKSOc 25.767.000 SingTel 15c 44.410.640 Adv Integrated 2.5c 19.000.000 UOB 43.537.100 UTAC US15c 18.807.000 CapitaLand 40.007.720 CapitaLand 17.516.000 Keppel Corp 50c 26.995.440 SingTel 15c 16.874.000 People's Food HKSOc 22.961.205 Chart SemiCond
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  • REGION/WORLD
    • 810 16  - Will America reward Jacko too LIGHT REED Second acts in American lives are commonplace just look at what happened to Martha Stewart... CHRISTOPHER REED WHATEVER the jury decides in Michael Jackson's case and the betting is acquittal or a hung jury because of doubts raised about the character and motives
      REUTERS  -  810 words
    • 606 16 Indian market is growing, bucking a worldwide trend AFP [MUMBAI] Dozens of teenagers dressed in blue Hindustan Times T-shirts are the latest soldiers in a media war stirring on the streets of India's financial and entertainment capital. The youngsters, who stop Mumbai citizens to
      AFP; AfP  -  606 words
    • 369 16 Reuters [MUMBAI] Airlines, telecoms players, banks and makers of cars and consumer goods are all wellpositioned to benefit from the unique age profile of India, where more than half the billion-plus people are under 25, a fund manager said on Thursday. This is
      Reuters  -  369 words
    • 495 16 Move will benefit Google's marketing effort, says CEO Bloomberg [NEW YORK] Google Inc may follow the precedent of Berkshire Hathaway Inc's chairman. Warren Buffett, and avoid splitting its shares even though the stock price is among the 10 highest in US
      Bloomberg  -  495 words
    • NOTE BOOK
      • 70 16 Bloomberg [JEJU, South Korea] China doesn't want a large increase in its foreign currency reserves. Commerce Minister Bo Xilai said yesterday at a meeting of Asia-Pacific ministers here. "China does not want to have a large incremental reserve of foreign exchange holdings because
        Bloomberg  -  70 words
      • 71 16 Bloomberg [KUALA LUMPUR] Malaysia's exports grew at the slowest rate in 19 months in April as consumers in the US and Europe spent less on computers and mobile phones, curbing demand for semiconductors. Exports rose 9.4 per cent to RM43.4 billion (Ssl9 billion) from
        Bloomberg  -  71 words
      • 78 16 Bloomberg IKUALA LUMPUR] Malaysia's economy will probably meet the government's forecast of 5 to 6 per cent growth this year, Prime Minister Abdullah Ahmad Badawi said yesterday. "The reported growth of 5.7 per cent for the first quarter was ahead of market estimates and
        Bloomberg  -  78 words
      • 91 16 [HONG KONG] Japans three largest banks have expressed interest in taking a small stake in Industrial Commercial Bank of China (ICBC), the mainland's largest lender, a Hong Kong newspaper reported yesterday. Mizuho Financial Group, Mitsubishi Tokyo Financial Group (MTFG) and Sumitomo Mitsui
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      • 44 16 Reuters (SHANGHAI] China's Minsheng Banking Corp will raise US$BBO million in a capital-bolstering public offering that the Hong Kong stock exchange approved on Thursday, the official China Securities Journal said. Minsheng will price its H-shares at HK55.28(551.13) each.—
        Reuters  -  44 words

  • WORLD
    • 848 17 [LONDON] In 1998, a California porn princess commissioned a 25-year-old Indian computer wiz to write a piece of software. Trained as a lawyer, Ruth Parasol had made a small fortune in online pornography after starting, according to legend, with a couple of
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    • 563 17  -  Any change in yuan value will have widespread effects: ex-Treasury official By ANTHONY ROWLEY in Tokyo SEVERE turbulence could hit global currency and financial markets unless the expected upward adjustment of the Chinese yuan is coordinated with leading economic powers,
      563 words
    • 409 17 NYT [SAN FRANCISCO] Sun Microsystems said on Thursday that it would acquire the Storage Technology Corp a maker of tape storage systems and disk drives for US$4.l billion in cash, to broaden Sun's reach into the high end of the corporate computing market. Sun
      NYT; AP  -  409 words
    • 413 17 Christopher Cox replaces William Donaldson as head Reuters [NEW YORKI US financial markets will likely be regulated with a more laissez faire attitude under Christopher Cox, the Republican nominated to become the chairman of the Securities and Exchange Commission (SEC), financial specialists
      Reuters  -  413 words
    • 421 17 LATEST US DATA Reuters. Bloomberg [WASHINGTON] US employers added only 78,000 workers to their payrolls last month, the weakest job growth in 21 months, the government said yesterday in a report that fanned worries on Wall Street over a slowing economy. The disappointing job
      Reuters.; Bloomberg  -  421 words
    • WORLD WATCH
      • 100 17 Cox News Service [NEW YORK] The racy side of the Internet has a new address: a ".xxx" tag for websites that's intended to help keep kids away from online pornography. Website names using the adult suffix could go on sale by year's end, joining
        Cox News Service  -  100 words
      • 79 17 AP [WASHINGTON] Microsoft acknowledges that hackers booby-trapped its popular MSN website in South Korea to steal passwords from visitors. The company says it was unclear how many Internet users might have been victimised. Microsoft said it cleaned the website, www.msn.co.kr, and removed the
        AP  -  79 words
      • 90 17 Reuters [TOKYO] Sharp Corp said yesterday it would begin selling a 65-inch liquid crystal display (LCD) television, the biggest in the world, encroaching on the turf of Matsushita Electric Industrial and other makers of plasma TVs. The Osaka-based company said it
        Reuters  -  90 words
      • 68 17 Bloomberg [SEOUL] Hite Brewery Co plans to buy Jinro Ltd for US$3.4 billion, two years after Goldman Sachs Group Inc and other creditors of the insolvent liquor maker forced the company into receivership. The Seoul-based beer maker yesterday signed a contract
        Bloomberg  -  68 words
      • 98 17 Reuters [LOS ANGELES] Wynn Resorts Ltd said on Thursday revenue for the first 34 days of operations at Wynn Las Vegas has exceeded expectations, sending the company's shares up nearly 7 per cent for a second consecutive day. "We are delighted with
        Reuters  -  98 words
      • 112 17 AFP [TOKYO] The elderly made up a record 19.5 per cent of Japan's population in 2004 and the ratio will grow rapidly, the government said yesterday, calling for efforts to keep seniors active and salvage the pension system. With fewer Japanese having
        AFP  -  112 words
      • 75 17 Reuters [TOKYO] The Japanese government said yesterday it would allow up to three new entrants into the country's nine trillion yen (*****.2 billion) mobile phone industry, raising the chances of Softbank Corp and eAccess Ltd getting highly coveted wireless
        Reuters  -  75 words

  • NETWORK SINGAPORE
    • Article, Illustration
      782 18  -  Former DJ ROGER KOOL enjoys a peaceful and comfortable life as a stay-at-home Dad in Vancouver, indulging in his favourite hobby, radio ROGER KOOL HAVING made a name for myself on Singapore radio as a top 40 DJ, I moved to Canada with my lovely wife Lynette
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  • Page 18 Advertisements
    • 1522 18 To advertise call toll-free *****89 8822 Email: notices@sph.com.sg FORM 69 (4) NOTICE OF DIVIDEND Nome ol Company JACKSON PILING CIVIL ENGINEERING CONSTRUCTION PTE LTD (In Liquidation) Company Registration No *****2841 M Address of registered office Office of the liquidator Amount Per Centum 3.5% Full Final or Otherwise Second interim dividend
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    • 928 18 Roger Kool, a familiar voice of the Singapore airwaves in the 1980s, is currently living in Vancouver, Canada, with his wife and two children. The veteran broadcaster has produced educational products specifically for children. These V include two "Better English" CDs and a "Roger Kool's Multiplication Song" CD. ■■■A Roger
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  • MOTORING
    • Article, Illustration
      763 19  -  DRIVING STYLE SAMUEL EE talks to Singapore's only car racing pro, and discovers a vastly spiritual man bent on pursuing his passion for racing SAMUEL EE FOR someone whose parents wanted him to be an accountant, Denis Lian is certainly a maverick for having chosen the road less
      ARTHUR LEE  -  763 words
    • 529 19  -  By JOE YEO THE original Ford Focus was like a breath of fresh air when it first appeared in 1998. It was the epitome of Ford's revolutionary New Edge design direction that first appeared on the Ka. But the recently introduced second-generation model
      529 words
    • 614 19  -  By SAMUEL EE Toyota Fortuner Engine: 2,694 cc inline 4-cyl Transmission: 4-speed auto with low range transfer gearbox Max power: 160 hp 5,200 rpm Max torque: 241 Nm 3,800 rpm Price: $98,888 (with COE) Distributor: Borneo Motors, tel 6475-1288 I'VE just told my boy to forget about law
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  • GOLF
    • 1276 20  -  Louis Martin has taken the fledgling Asian PGA Tour to new heights, attracting a record US$20 million in; prize money. He talks to JUSTINE MOSS JUSTINE MOSS NOT long ago, professional golf in this part of the world was perceived as sport in a minor key, little
      AFP  -  1,276 words
  • Page 20 Advertisements
    • 718 20 wine&dine with weekendBT """X' I >«■■■— mm*—*-*******!**— v Ah Hoi's Kitchen I Coleman's Cafe ifl LeVlgne Plan Market Cafe Tmders Hotel Pooltide (abovcTcLngHnMaU) Level PminmtoBmlsi*Bol*Level5.1H:641ill32 Level i/tqffles The/tea. Tel *****156 4. Tel: *****373 Buffet lunch available on weekends and pubfe holidays, for 7*0875 2689,*****170 Relive tho Peranakan oifture and savour
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  • WELLNESS
    • 1291 21  -  NGIAM YING LAN describes 3 ways to relieve neck and back pain NGIAM YING LAN MOST desk-bound executives who hunch over a computer 12 hours a day don't realise what they are doing to their bodies. That is, until the side effects start to show
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    • 633 21  -  By JAIME EE SOMETIMES you have a pain in the neck so bad, you wish you could just pull your head off and put it back on again. But if the most you will do is go for a massage, then it's time to think about
      633 words

  • SHOPPING
    • 1616 22  -  Forget the fancy schmancy downtown shops. CORINNE KERK finds the real deal off the beaten track CORINNE KERK FOR seasoned bargain hunters, a satisfying shopping experience isn't necessarily about great visual merchandising, 'stylo-mylo' locations or even top-notch brands. The real kick comes from the discovery of off-the-beaten-track warehouse
      PHOTO OF THOW KWANG POTTERY BY ARTHUR LEE, OTHER PHOTOS BY CHRIS LOH  -  1,616 words

  • FOOD
    • 2466 23 PROJECT SHOP CAFE #03-41/44 Paragon Shopping Centre. Tel: 6735 6765 WHEN designer Peter Teo opened the original Blood Brothers Cafe within his boutique in the Paragon, it was more to make full use of the nice window view that the shop space had. Any visions of the
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  • Page 23 Miscellaneous
    • 209 23 CRYPTIC CROSSWORD DOWN 1 Fall apart when doctor lances troublesome ulcer (7) 15 Give previous sof warren dis- YESTERDAY'S SOLUTION 2 Kind prepared is ready for integrating (8) Across: 1 Debriefed. 6 Modem. 9 printing (7) 16 Greek character not in favour Dogstar. 10 Moonshine, 11 Roister, 3 Basil and
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  • THE BUSINESS TIMES weekend
    • 547 24  -  Grabbing a bite while on the retail run does not have to mean munching on a sorry supermarket bun. JAIME EE and CHEAH UI HOON go on the hunt for the elusive but happy combination of good shopping and great food JAIME EE, CHEAH UI HOON THE
      547 words
  • Page 24 Advertisements
    • 228 24 Fine dining. At home. T MiW** 9 M_ fl#!i B wk <^^9 >MlMm ri7 -.*r***w P dla Mil WM ft r 7pi MIA. jl 1 MA I tf M I f j^. i ilf HV H|H|bmb mKt9t9tit^^**m-. i**4 l|| iffir^^" J1 4^K^HR9g^PHMMM S| J |^^|l Enjoy an exclusive 4-course dinner
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    • 25 24 ISM SHOPPING j j I Where to go for deep _J discounts, and no, we're not talking about the HHH Great Singapore Sale pg 2?
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