The Straits Times : Weekly Overseas Edition, 5 September 1987
1987-09-05
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The Straits Times : Weekly Overseas Edition
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Title Section12 1987-09-05 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, SEPTEMBER 5, 1987 MCI(P) 222/8/8712 words
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368 1987-09-05 1 LABOUR Minister Lee Yock Suan has called on employers to stop discrimination against older Singaporean workers. He warned that his ministry, which was studying the situation, “may be compelled to act” if the discrimination368 words
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400 1987-09-05 1 TRADE and Industry Minister Lee Hsien Loong has told Parliament that the Government could not keep out foreign workers until the last jobless Singaporean was hired. Reaffirming the Government’s policy of allowing a controlled inflow of foreign workers, he400 words
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Article, Illustration182 1987-09-05 1 TWO Singaporeans were among the 83 people, mostly tourists, who died in the Thai Airways Boeing 737 disaster off the Thai resort island of Phuket. They were Juliet Tan (iuek How, 24. who was studying for a master’s degree in social develop- ment at182 words
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244 1987-09-05 1 Reuter. KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad has criticised the analysts who predicted a racial war in multiracial Malaysia. Speaking at the opening of the Commonwealth Parliamentary Association Conference, he said Malaysians were tolerant and respected each other’s religions, customsReuter. - 244 words
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Page 1 Advertisements
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Advertisement118 1987-09-05 1 3iba <UOin »r Ml Membership has its privileges. INSIDE HOME NEWS UPDATE Two special page* to help you catch op on some of the top stories that appeared In The Strait* time* In recent week» PAGES 2 and 3 ME NEWS Mcve to suspend drivers who face serious charges OAGE118 words
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2 special pages in this inaugural issue to help you catch up on some of the main news items published in August
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HOME NEWS UPDATE 1
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Article, Illustration897 1987-09-05 2 Inquiry into the Teh Cheang Wan affair MEMBERS of the Commission of Inquiry were: Judicial Commissioner Chan Sek Keong (chairman), Mr Robert lau, a management consultant, and Mr Thai Chee Ken, an accountant THE Commission of Inquiry into “the Teh Cheang Wan897 words
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Article, Illustration477 1987-09-05 2 Inquiry hears of big sums moved between family accounts THE late Teh Cheang Wan’s bank account deposits here totalled more than million over a 11-year span, the Commission of lnqolry was told. This was apart from the sizeable sums in the bank accounts of his wife, son477 words
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Article201 1987-09-05 2 SENIOR lawyer H.E. Cashin was censured by a three-judge court last month for breaching the rules regarding money deposited in clients’ accounts. The Law Society’s disciplinary committee had earlier decided he will have to show cause to a three-judge court why he should not be201 words
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Article145 1987-09-05 2 FORMER Malaysian politician Tan Koon Swan, who is serving a two-year term at Changi Prison for his part in the multi-million Pan-Elec-tric Industries debacle, "has turned to Gkxl". WEEKENDeast, Singapore’s only free weekly newspaper, quoted the prison chaplain, the Rev Henry Khoo, as confirming that145 words
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HOME NEWS UPDATE 2
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835 1987-09-05 3 PRIME Minister Lee Kuan Yew, in his annual National Day Rally speech, spelt out in no uncertain terms the Government’s position on religion and politics. While the Government accepted that835 words
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197 1987-09-05 3 WOMEN bore the brunt of the poorer job market for new graduates last year only seven out of 10 found jobs. Male graduates held their own. Of those who obtained their degrees in September 1986, nine out of 10 secured employment. But all197 words
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ACROSS THE CAUSEWAY UPDATE
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487 1987-09-05 3 the south. AFP, Bernama. KUALA LUMPUR The Supreme Court has ordered United Engineers Malaysia (UEM) not to sign a multi-billion dollar contract with the government for a highway project pending the outcome of a suit against the company. Justice Tan Srithe south. AFP, Bernama. - 487 words
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Article88 1987-09-05 3 AFP. KUALA LUMPUR MP and lawyer Karpal Singh has died a writ in the High Court asking that an announcement by the Saltan of Selangor that he would not pardon drug traffickers be declared unconstitutional. In his writ, Mr Singh said Sultan Salahuddin Shah, as– AFP. - 88 words
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Article, Illustration296 1987-09-05 3 KUALA LUMPUR Former Prime Minister Tunku Abdul Rahman has said he thought it was wrong of Umno, as a leading political party, to use its power to amass wealth at the expense of private companies. Writing in his weekly column296 words
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HOME
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776 1987-09-05 4 Proposed ban on motorists charged with dangerous driving THREE vital checks will be made before police summarily suspend the licences of certain motorists awaiting trial for traffic offences under a controversial proposal to remove ‘‘clearly irresponsible" motorists from the roads. CHECK ONE:776 words
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Article, Illustration245 1987-09-05 4 Ex-GM pleads 'not guilty in $2.5m Bofors graft case THE former general manager of arms firm Allied Ordnance Company of Singapore, Tan Kok Cheng, pleaded not guilty last week to 51 charges against him, Including one of taking a s2..vmlllion bribe from Swedish weapons maker, Bofors. Four Swedish state prosecutors245 words
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Article, Illustration135 1987-09-05 4 A PII.M festival, to be held here this month, will be unique in that it will only show movies directed solely by women. The festival is organised by the Association of Women for Action and Research (Aware) a group devoted to combating sexual stereotypes135 words
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Article71 1987-09-05 4 THE newly-formed National Solidarity Party held a dinner to celebrate National Day last week. Party president Kum Teng Hock is a former member of the People's Action Party, the United People’s Party and the Workers' Party. The party's vice-presi-dent is Mr Tan Chee Kien, the former71 words
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Article97 1987-09-05 4 PETS are barred from markets, hawker stalls and food centres and signs have begun to appear at such places to remind people. The Environment Ministry said last week: “We have noticed that people have brought dogs or pets to the markets and food97 words
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133 1987-09-05 4 THE Muslim Religious Council (Muis) has expressed deep regret at the actions of Iranian pilgrims who caused violence and the loss of lives in Mecca on July 31. In a press statement, Muis President Haji Ridzwan Dzafir said the incident caused much distress and133 words
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Article, Illustration259 1987-09-05 4 THE chairman of the Mass Rapid Transit Corporation, Mr Michael Fam (above), has been named chairman of the 13-member Public Transport Council. He is among the nine new members appointed by the Minister for Communications and Information on a two-year term. Those named in259 words
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340 1987-09-05 4 YOU can count on it. On Sept 6, a Mass Rapid Transit train carrying some 500 community leaders will break down on the viaduct between Yio Chu Kang and Bishan. Then a “rescue" train to which the passengers have been transferred by ramp340 words
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Article, Illustration325 1987-09-05 5 SEVERAL void decks in Ang Mo Kio are no longer void. They are now graced by the presence of the satay man, snake charmer and other vanishing traders, who are all over the walls and pillars of Block 111.325 words
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Article, Illustration332 1987-09-05 5 TWO hundred new school heads and double that number of vice-principals will be needed over the next five years, says a report in The Sunday Times. Some 900 teachers will also be promoted heads of department during this period and there332 words
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Article59 1987-09-05 5 INDIAN nationals visiting Singapore are required to have visas from Sept 14. The decision was announced last September to help solve the problem of large numbers of Indian nationals who overstay and work here illegally. A two-week grace period will be allowed initially for those59 words
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99 1987-09-05 5 JOHN Little, long known as the poor man’s Robinsons, Is shedding Its dowdy Image acquired over the decades. The store at Specialists’ Centre In Orchard Road has also "changed” Its name to just “JL”. "We arc now 147 years young,” said Mr Alan99 words
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135 1987-09-05 5 FROM January, five more surgeons will be available to carry out organ transplants under the Human Organ Transplant Act 1987. This will bring the total number of trained transplant surgeons in Singapore to seven. The five new surgeons authorised to carry out such transplant135 words
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461 1987-09-05 5 TEO HAN WUE - By TEO HAN WUE in Qufu. China SECOND Deputy Prime Minister Ong Teng Cheong on Monday identified some familiar passages from ancient Chinese books as a programme for world peace. He quoted from the Confucian classics The Great Learning and461 words
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Article291 1987-09-05 5 IF YOU need ta make an argent call from a pa bite telephone, what are yonr chances of getting through? Checks by The Sunday Times last month found about nine out of every 1C pay-phones worked. Those that did not were more Uhely to be In291 words
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Article, Illustration396 1987-09-05 7 Company may also set up regional operational HQ here SONY, a relative latecomer to Singapore’s industrial scene, is studying proposals to expand its brand-new $35 million manufacturing operations here, Trade and Industry Minister Lee Hsien Loong revealed on Wednesday. Speaking at the opening396 words
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373 1987-09-05 7 ANNIE CHIA - HDB TO REVISE PRICE POLICY By ANNIE CHIA HOUSING Board flats in choice localities or those which command good views will soon cost more. No longer will all units in the same block be priced the same. Units on upper floors373 words
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208 1987-09-05 7 THE first made-in-Singa-pore facsimile (or fax) machines will roll off Matsushita’s first overseas fax plant in Ayer Rajah next month. The company’s managing director, Mr Yanagawa Masaru, said: “We will be producing the latest fax model with the latest technology208 words
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147 1987-09-05 7 THE last signature went on “The Great Book” at the stroke of midnight on Aug 31 the final day of National Day month bringing the total number of people who had signed their names under the National Day pledge to a staggering Miss147 words
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Article, Illustration399 1987-09-05 7 SINGAPORE’S society is maturing in four measureable ways, lawyer and diplomat David Marshall declared. The country’s ambassador to France, Portugal and Spain made the assertion after receiving an honorary Doctor of Laws degree from President Wee Kim Wee on Wednesday, the first day399 words
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87 1987-09-05 7 SINGAPORE’S first rape trial in a subordinate court has ended with the accused, Peh Teong Guan, 36, being found guilty and sentenced to seven years’ jail. District Judge Edmond Pereira also ordered him to be given 12 strokes of the cane. Peh, self-employed, had87 words
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HOME/Parliament
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879 1987-09-05 6 HIGHLIGHTS FROM THE PARLIAMENT SITTING OF AUG 31, 1987 Chiam assured of support in moving important issues THE Leader of the House assured Mr Chiam See Tong that he could always count on the support of a PAP MP as seconder for879 words
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Article, Illustration915 1987-09-05 6 It doesn’t want to abdicate responsibility, says Jaya THE Government made it clear it would not yield to foreign criticisms of its use of the Internal Security Act to detain those threatening Singapore's security however vocal or influential these critics915 words
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299 1987-09-05 6 GOVERNMENT subsidies and school endowment funds will help ensure that no bright student is denied a place in an independent school because he is too poor. Education Minister Tony Tan announced incentives to support the endowment funds of independent schools. These299 words
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across the CAUSEWAY
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470 1987-09-05 8 Bernama. KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad has called on banks to set up special departments to promote foreign investment in the country and helD local entrepreneurs undertake joint ventures with foreigners. The banks, he said, should play a greaterBernama. - 470 words
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265 1987-09-05 8 KUALA LUMPUR Malaysia's central bank said a detailed study ana discussions are now being conducteu to set up a Ms3oo million revolving fund to help ailing bumiputra companies. The government has asked the central bank to study the feasibility of265 words
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96 1987-09-05 8 NBT. MALACCA AI signboard* located near tourist destination, within the Malacca Municipality will In future be written in Kahasa Malaysia and KngllHi. Chief Minister Datuk Seri Abdul Rahim Tamby Chlk said It was necessary for the Malacca Municipal Connell to Include English on the– NBT. - 96 words
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121 1987-09-05 8 Bernama, Reuter. KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad's brother-in-law will be appointed head of the country’s armed forces soon The current armed forces chief, General Tan Sri Ghazali Che Mat, will retire in January and will be replaced by currentBernama,; Reuter. - 121 words
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Article, Illustration170 1987-09-05 8 Bernama. KUALA KANGSAR Deputy Prime Minister Ghafar Baba has said there was no need to review the Constitution now because it was still “practical” for preserving unity among the people. “Even without a review, the Constitution can still serve the people andBernama. - 170 words
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Article48 1987-09-05 8 NST. KUALA LUMPUR Former prime Minister Tun Hussein Onn was discharged from the General Hospital last week after recovering from a heart attack at his home early last month. ‘T‘m feeling fine now," he told reporters. His doctors have told him to rest.NST. - 48 words
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317 1987-09-05 8 Bernama. BUTTERWORTH Education Minister Anwar Ibrahim has warned that the current atmosphere in the country appeared similar to the mood prevailing just before the May 13, 1969, racial riots He urged Malaysian leaders to unite to resolve the problems confronting theBernama. - 317 words
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168 1987-09-05 8 KUALA LUMPUR Malaysian Chinese Association deputy president Datuk Lee Kim Sai said it was not proper to force non-Muslims to wear the songkok for any function or ceremony. “It is like the wearing of the sarong. It is up to the168 words
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Article307 1987-09-05 8 Bernama. KUALA LUMPUR A salary dispute between the workers and management of the Royal Selangor Golf Club has attracted attention at the highest level with the Yang di-Pertuan Agong helping to bring about a settlement. It is believed this is the first time inBernama. - 307 words
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410 1987-09-05 9 permit to Aliran. Bernama. KUALA LUMPUR The social reform group Aliran has succeeded in getting the High Court here to quash a decision made by the Home Ministry rejecting its application for a permit to publish a magazine in Bahasa Malaysia. Justice Datuk Harunpermit to Aliran. Bernama. - 410 words
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Article, Illustration342 1987-09-05 9 PENANG A New Zealander woman, Lorraine Cohen, was sentenced to death on Monday for heroin trafficking by the High Court here, but her son was spared when the judge convicted him on a reduced charge. Her 20-year-old son, Aaron, was342 words
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Article218 1987-09-05 9 Bernama. KUALA LUMPUR Umno Youth has described the fires at five mosques in Pahang believed to be the work of arsonists as “abhorrent" acts against Muslims. In a statement condemning the fires, acting Umno Youth head Datuk Najib Razak said firm action should be takenBernama. - 218 words
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AROUND ASEAN
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Article, Illustration332 1987-09-05 9 AP, Reuter. BEIJING Cambodian resistance leader Prince Norodom Sihanouk said on Tuesday his main ally China wants him to resume active leadership of the movement. “We had very, very exciting talks," he said after a meeting with China’s supreme leaderAP,; Reuter. - 332 words
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131 1987-09-05 9 Reuter. MANILA Philippine Church leader Cardinal Jaime Sin has criticised corruption in the government and said only a miracle saved President Corazon Aquino from being overthrown in last Friday’s army putsch. “I cannot understand why it (the coup attempt) was unsuccessful," Cardinal Sin said inReuter. - 131 words
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Article, Illustration294 1987-09-05 9 Indonesia’s total reserves now exceed $2l b AFP. JAKARTA Confidence in the Indonesian rupiah, which came under strong selling pressure in May and June, has returned in the past two months with more than US$l billion (Ss2.l billion) flowing back into theAFP. - 294 words
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Article72 1987-09-05 9 AFP. JAKARTA President Suharto has decided to extend a controversial statesponsored multi-million football lottery called "Porkas" to the end of the year. The lottery scheme netted about 13.9 billion ru- piah (5517.8 million) for the government last year and officials have forecast higher profits this year.– AFP. - 72 words
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FORUM/Pick of the letters
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280 1987-09-05 10 THE report "Send no flowers, please” (ST, Aug 7) quoted a bank general manager’s secretary as commenting that it is a “wasteful” practice to send flowers on certain occasions. She appealed to well wishers to instead donate money to the280 words
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78 1987-09-05 10 HAVE been a motorist for the past 20 years. I annot say that I have not been careless. However, •eokless, no. Drunk? Unthinkable. I welcome any move to improve road safety and, herefore, support the suggestion of the chairman >f the GPC for Home78 words
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Ban on four missionaries
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Article259 1987-09-05 10 I REFER to the report “An iron-fisted move, says youth group" (ST, Aug 22). It is rather absurd for Mr Kamaruddin Mohd Noor to have made such remarks. Any head of government would have done what our Prime Minister did. In Singapore, people of different259 words
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Article68 1987-09-05 10 I READ with interest the report “Why four Muslim preachers were banned from Singapore” (ST, Aug 17). I wholeheartedly agree with the Government taking such action against these preachers for making damaging and disparaging remarks aimed at our peaceful and harmonious city. Their style of preaching is against68 words
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179 1987-09-05 10 DURING the National Day Rally, the Prime Minister revealed that four Muslim preachers had been banned from entering Singapore No one would have known of this had he not discussed it openly. The ban has evoked some unkind criticism and comments from across179 words
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533 1987-09-05 10 EXCERPTS from the report of the Prime Minister’s National Day rally speech referred to by the letters above are reproduced here for the benefit of overseas readers who might not have read It. It was published In The Straits Times on Aug533 words
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Replies
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166 1987-09-05 10 I REFER to the letter “Retire age: Set an example" by “Justice and Equality" (ST. Sept 2). In point of fact, the compulsory retirement age for all civil servants appointed after July 1, 1956 is already 60 years. Almost all civil servants166 words
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173 1987-09-05 10 I REFER to the letter "Nasi lemak served after throat surgery" by Mrs Jenny Mohan (ST, Aug 24). The patient had an operation on her thyroid. The throat was not involved in this operation. It is a usual practice to serve normal diet173 words
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125 1987-09-05 10 WE refer to the letter "National Museum captions and notes only in English” by Mrs Serene Tan (ST, Aug 19). It is unfortunately not feasible owing to space and display constraints to label all museum exhibits in all four official languages. We welcome the suggestion to125 words
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201 1987-09-05 10 ONE important point has been left out in the discussion about kidney patients and the Human Organ Transplant Act, i.e. the need to extend income tax relief to kidney patients or taxpayers with such dependents. It now costs about $l,OOO a month to buy201 words
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Page 10 Advertisements
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Advertisement89 1987-09-05 10 Dear Overseas Readers The Straits Times welcomes letters from you. Your letters must include your signature, full name and address. They should preferably be typed, double-spaced, on one side of the paper. You may add a pseudonym if you wish. But we would prefer your using your real name. Brevity89 words
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COMMENT/Perspective
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Article, Illustration929 1987-09-05 11 IVAN FERNANDEZ - By IVAN FERNANDEZ Though the much-heralded show of the year has come and gone, the National Day parade is still a talking point in many circles. The organisers, in particular, are doing their post-mortem and tossing ideas for future, even better, shows.929 words
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Article441 1987-09-05 11 JANE E. BRODY - By JANE E. BRODY New York Times NEW YORK Alcoholism runs in families, a fact recognised since ancient times. Although familial alcoholism has long been attributed to an inherited "weak character”, most researchers thought until recently that it was almost entirely the result of environmentalNew York Times - 441 words
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Article, Illustration1554 1987-09-05 13 ISMAIL KASSIM - Around the region By ISMAIL KASSIM of the Foreign Desk KUALA LUMPUR Dec 31, 1990 is an important deadline for Malaysians of all races and from all walks of life. On that day, the 20-year New Economic Policy a bold and1,554 words
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437 1987-09-05 13 fto fab fate new town A FORTNIGHTLY COLUMN THE honesty of children can be revealing and devastating. Here is a story. It was prize-giving day for a Clean and Green Singapore children’s art competition. Time: About two years ago. Place: Somewhere in437 words
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COMMENT/Pick of the week’s editorials
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Article640 1987-09-05 12 Sept 2,1987 IF DURABILITY is measured by the number of coup plots she has survived, President Cory Aquino certainly ranks well above average. The latest attempt to unseat her is the most serious and violent to date. This time, the coup plotters were no clumsy amateurs. Their intentions640 words
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Article355 1987-09-05 12 Aug 31,1987 ALTHOUGH the great tourist bust of 1983 has been extremely painful for the industry, not to mention the etonomy as a whole, it appears to have had some positive consequences, judging from the remarks made by industry members in the article published in The355 words
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Article342 1987-09-05 12 Aug 29,1987 THE call by NTUC boss Mr Ong Teng Cheong on Singapore firms to first employ the retrenched, who totalled 60,000 at last count, before hiring foreign workers no doubt found sympathy with a broad section of the population. As Mr Ong pointed out on Thursday,342 words
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Article224 1987-09-05 12 Aug 29,1987 THE Urban Redevelopment Authority deserves appiause for its decision to sell 120 units of prewar shophouses in the Tanjong Pagar conserva- tion area. This first-ever sale marks how far the authority has come since the maddening boom days of the early Eighties when it224 words
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Article312 1987-09-05 12 The Sunday Times VIEW THE sentiment underlying President Wee Kim Wee’s suggestion last week that profitable companies should consider donating some surplus to the Community Chest is laudable and deserving of wide support. This is because corporations in general, and society in particular, are not yet312 words
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Article35 1987-09-05 12 “We should never blame (ate (or our (ailares because If we strive and succeed, that was also (ate.” Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad, urging Malaysian Muslims to strive for self-re-liance.35 words
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TIMES
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Article3160 1987-09-05 14 Friday, Sept 4,1987 1987 Last Yield Vol Day High Low Company Sale Change 000) High Low SECTION ONE INDUSTRIALS COMMERCIAL 275 130 Acma 228 6 04 132 235 222 96 56 Alcorn 62 unch 17 62 61 308 109 Amal Steal SOc 267 153,160 words
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191 1987-09-05 14 LAST Tuesday’s fall of 19.38 points In the Straits Times Industrial Index from 1,453.93 to 1,414.55 was the steepest In one day slnee the “Black Thursday” of Dee 5, 1985, when the ST Index plunged a massive 82.71 points on the day trading191 words
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323 1987-09-05 14 THE Singapore stock market ended a roller coaster week on a positive note yesterday, as some confidence returned after bargain hunters arrested the market’s decline just before noon. The Straits Times Industrial Index, which lost 38.27 points on Thursday, slipped a further nine323 words
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Article102 1987-09-05 14 SOME last-minute covering and bargain-hunting helped prop up share prices at the Kuala Lumpur stock market yesterday. Most counters recovered some lost ground after going through four successive sessions of bearish trading. However, the market finished mi\ed despite the buying support at lower levels as investors re-102 words
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Article75 1987-09-05 14 HONGKONG share prices closed steady yesterday in heavy trading as institutional profit-taking erased strong gains in the morning. The Hang Seng Index edged up 0.53 point to 3,654.48 after gaining more than 25 points early in the day. Turnover surged to HK52.65 billion from Thursday’s HK52.49 billion.75 words
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Article, Illustration306 1987-09-05 15 JURONG Shipyard Ltd attracted a record $9.83 billion in application monies with its public offer of 45 million shares, which was 145.7 times subscribed. A total of 317,091 applicants seeking 6.56 billion shares were received when applications closed after almost two weeks of306 words
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Article50 1987-09-05 15 MR LEE Kim Yew, chairman of the aggressive United Industrial Corporation group, has resigned from the board of government-linked company Intraco Ltd, two months after UlC’s sale in June of its entire 13.4 million Intraco shares, representing a 17. S per cen* stake, at $3.58 each.50 words
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Article382 1987-09-05 15 Scot 4 HKS Chjrtje Assoc inti Hotels 3 375 02 Bonk Of tost Asio 32 00 05 Capital Corp 4 075 •0 125 Cathay Pocrfic Air 8 30 02 Cheung Kong Chino light 13 10 27 00 -02 03 City Resources 4 675 -0 125 Cross Harb Tunnel 1230382 words
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Interim results
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281 1987-09-05 15 NATIONAL Iron and Steel Mills has built on the recovery it made last year with an impressive 185 per cent jump in pre-tax profit to $2O 96 million for the first half of this year. The diversified steelbased group, whose profit soared 325281 words
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183 1987-09-05 15 INTRACO, the governmentlinked trading company which rebuffed a takeover bid by fast-moving United Industrial Corporation last year, has achieved a 177 per cent jump in group pre-tax profit to $11.06 million for the first half of this year. And it is likely that pretax profit183 words
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171 1987-09-05 15 SOFT DRINKS bottler Yeo Hiap Seng, which took over the distribution of 7-Up from rival FAN this year, has reported increased sales and profits for the first half of this year. Group pre-tax profit for the period amounted to $7.27 million, 43.6 per cent171 words
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154 1987-09-05 15 LOTTERY operator Magnum Corporation ran up a small pre-tax loss in the first six months this year, but was in the black at the bot-tom-line because of extraordinary gains. The group blamed lower sales from its four-digit lottery operations and reduced income from154 words
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Article193 1987-09-05 16 KENTUCKY Fried Chicken (S) Lid ban turned in a markedly improved performance at half time, with pretax profit Jumping 'll t per cent on a 29.2 per cent increase In turnover. The franchise-holder of the Kentucky Fried Chicken fast food chain In Singapore reported a pre-tax profit193 words
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67 1987-09-05 16 AUSTRAL Enterprises Bhd’s group pre-tax profits surged to M 53.28 million in the six months to July 1987, from M 5512,000 previously. At the net level, profits after tax and minorities stood at M 53.3 million (M 5473,000), with stated EPS soaring six cents to67 words
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Article48 1987-09-05 16 GROUP profit after tax at Sing Investments Finance Ltd was $1.95 million ($941,000) on operating revenue of $7.33 million ($7 million) for the six months ended June 30, 1987. Earnings per share came to 9.03 cents (4.35 cents). No interim dividend has been declared.48 words
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Article68 1987-09-05 16 ISLAND Peninsular Bhd’s group pre-tax profits edged up to M 57.82 million in the half-year ended July 31, 1987, from M 57.66 million previously. Profits after tax and minority interests rose 46.9 per cent to M 54.27 million (M 52.91 million), giving earnings per share of seven68 words
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217 1987-09-05 16 STAFF of stockbroking firms coping with massive mountains of paperwork arising from record trading volumes during the current boom in the stock market are being rewarded with interim bonuses ranging from one to three months' salary and a promise of yet more to come, reports217 words
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432 1987-09-05 16 FIRST Capital Corporation's proposed $lOl million acquisition of The Promenade in Orchard Road is proceeding on schedule and the final settlement is expected on or before Oct 8, reports Business Times. This was disclosed on Tuesday by FCC in a432 words
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Article, Illustration371 1987-09-05 16 LIM ENG HAI - By LIM ENG HAI CASH-STRAPPED property developer Ho Kok Cheong has lost his luxury penthouse in Chinatown. The property and three smaller penthouses and 10,570 sq ft of office space, all in the People’s Park Complex, were put up for sale by371 words
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Article75 1987-09-05 16 MARINA SQUARE’S bid to rival Orchard Road as the centre of Singapore shopping got underway this week with the opening of local retail giant Metro’s latest store, Metro Marina. Early next month, Japanese retail giant Tokyo will open the doors to its first store in75 words
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392 1987-09-05 16 CONRAD RAJ - By CONRAD RAJ PROPERTY group Hong Fok Corporation this week applied to the Stock Exchange of Singapore for a resumption of trading in its shares more than a year after they were suspended following a default on a loan. The application came after392 words
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393 1987-09-05 16 UNITED Industrial Corporation's coffer* were bulging with $B9 million In cash at the end of July. This was revealed In the company’s circular on Its Joint purchase of GoldhlU Square with United Oversfufi Land. Armed with this cache, which was farther swelled by profits393 words
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Page 17 Advertisements
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Advertisement572 1987-09-05 17 APPOINTMENTS THE HEART TO DRIVE 7 TIPS m Af Seagate Technology, the Company’s experience is as old as its industry. In 1980, Seagate announced the first ever 5 1 /4-inch Winchester rigid disc drive, creating the standards for the industry. And that was only a humble start to the astonishing572 words
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Page 18 Advertisements
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Advertisement624 1987-09-05 18 Director, Administration and Finance (Salary negotiable Ssllo,ooo pa car) Our client, a large well established local organisation requires an experienced and innovative professional to head its Finance and Administration Division. Reporting to the Chief Executive, the successful candidate will be responsible for initiating policies, guidelines and procedures as well as624 words
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Advertisement320 1987-09-05 18 ERICSSON Ericsson Network Engineering Pte Ltd is a company wholly owned by the Ericsson Group, Sweden. We specialize in the planning, design and management of telecommunication network construction projects in the Asian region. We are looking for experienced technical and commercial computer professionals to join our rapidly expanding EDP department.320 words
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Page 19 Advertisements
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Advertisement440 1987-09-05 19 'H r/T, »<)}:>>/)> /////> rvJ WSt DC c C/A Dy ”'W~~77/i vmjrmm Utiliii/niiiii '44 °<s Av K/ > 'Q&, cc c°v Cc °Co>-D /SV' 2fc Q_ <& v% 7n> mvn im rnrm *****/ iTJTTTTmv \fc. y c <* 'SCQ \S c> 7 c 7777 In} I//i n>in i >' ■rr'T7Tjr7777440 words
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Page 20 Advertisements
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Advertisement491 1987-09-05 20 THE eco^mic S^r^ncan^andr. “iTlS*of th*« e *JJj£sonaster«nt =gsS?S«ss includes on ils rolls en”"""• *-.ag^TShs aEI. an ITiel T„_ ,v,e economy T**ng improving by senior e r aJ^ ollUC al JaH-ss^-— >^r^ur£ Si U *r was Strong con.entu.‘M* n «P., h cc rr 9 n he economic g wjlh re SB».-*’491 words
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Page 21 Advertisements
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Advertisement290 1987-09-05 21 1 PEOPLE. Bill Hewlett and Dave Packard believe in one thing and that's their own people. Give them the freedom to exercise their creativity with professional guidance. HP has since become the exemplary case of modern effective people management. TECHNOLOGY. From test measurement systems, analytical medical products to personal computers290 words
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Page 22 Advertisements
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Advertisement214 1987-09-05 22 G N D FILL IN SOMEONE OVERSEAS ABOUT SINGAPORE. ''•W' ,N<^SW^ NNN N «&> V*' The Strait *Times mmm {jU I) V WEEKLY OVERSEAS EDITION 'Vi 44M M»,« CUP) 222/8 No SEPTEMBER SATURDAY 1387 The Straits Times Overseas Weekly. It’s the new weekly newspaper, printed on lightweight paper in convenient214 words
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TIMESPORT
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MALAYSIA CUP
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645 1987-09-05 23 Biggest blow for 25-time Cup winners ~fwf foil in bid for second spot in league SINGAPORE failed to make It to second place when they scored only three goals In their final match against lowly Malaysian Armed Forces at the National Stadium on645 words
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Article185 1987-09-05 23 FANDI AHMAD may still play for Singapore in the South-east Asia Games in Jakarta from Sept 9-20. Tan Sri Hamzah Abu Samah, the vice-president of the Football Association of Malaysia and president of the Asian Football Confederation, will make an appeal for Fandi's release. Tan185 words
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Article, Illustration259 1987-09-05 23 Striker scores winning goal for Singapore to clinch Cup JOE DORAI reports on the Ex-Internationals’ Goodwill Cup match SINGAPORE 1 MALAYSIA 0 EVEN in the twilight of his soccer career, speed demon Quah Kim Song dazzled with a goal that helped Singapore ex-internationals beat their Malaysian– Picture by JERRY SEH. - 259 words
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Article, Illustration195 1987-09-05 23 P w D L r APts Pakaag 16 12 2 2 10 38 k Uapir 16 10 3 3 37 13 33 Htagap*re 16 11 0 I 35 15 33 J*hor 16 10 2 4 33 13 32 Trrtuiin 16 9 4 27 13 n Peril*195 words
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TURF HIGHLIGHTS
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217 1987-09-05 23 ROGER YUE - By ROGER YUE, Racing Editor NOSTRADAMUS would have won the Pesta Sukan Cup, run last Sunday at Bukit Timah, by a much bigger margin had he not been badly interfered with by Deer Hunter. The “big fella," as race caller Chris described Nostradamus,217 words
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Article200 1987-09-05 23 GRANT Cooksley. the crack New Zealand jockey who has made a big impact in the Singa-pore-Malaysia circuit, has quit. In a letter to the Malayan Racing Association, Cooksley, 28, second in the jockeys’ table with 32 winners, said he was relinquishing his riding licence, which200 words
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645 1987-09-05 24 IRENE HOE; SALMA KHALIK - By IRENE HOE and SALMA KHALIK THEY were once Augean bat Singapore’s rivers are clean today because of three factors, the Prime Minister said on Wednesday. They are: THE GOVERNMENT’S vision of what was possible with modern engineering; oTHE645 words
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Article, Illustration421 1987-09-05 24 THE Is tana grounds were all lit up for the occasion and all aglow too were the faces of the proud parents and their children this year’s six President’s Scholars. Each time a scholar went up to President Wee Kim Wee to receive the award, his421 words
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220 1987-09-05 24 A SWEDISH state prosecutor, Mr Folke Ljungwall said on Wednesday that he had no indications >hat the Singapore Government was involved in the re-export of arms to countries in the Middle-East. Mr Ljungwall and a three-man team arrived here as part of their220 words
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242 1987-09-05 24 VALERIE LEE - By VALERIE LEE ONE day after Education Minister Dr Tony Tan disclosed an initial dol-lar-for-dollar government match for the endowment funds should these be set up by the three independent schools, all three schools announced their intention to start such programmes. Anglo-Chinese242 words
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111 1987-09-05 24 Reuter COLOMBO Indian peace-keeping troops have told women in Sri northern city of Jaffna to keep their skirts down while cycling, a newspaper reported. The Sun said Indian troops had advised girls who ride bicycles the most popular transport in Jaffna to— Reuter - 111 words
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Page 24 Miscellaneous
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Miscellaneous24 1987-09-05 24 SUN TAN By Collette f\ii smKwnTrmTou^ s' L ONE I Mu5T AC 6ETPHA r OLD THE SPIRIT Of, J MAS <SfiM£ J m 9-324 words
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