The Straits Times : Weekly Overseas Edition, 17 October 1987

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, OCTOBER 17, 1987 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 222/8/87
    20 words
  • 1698 1  - The world today as PM sees it Will Third World nations also have the courage to analyse their shortcomings? he asks Competition for loyalties of Third World countries now less urgent Commonwealth heads told of decline in superpower dominance By CHEONG YIP SENG VANCOUVER Prime Minister Lee Kuan Yew told
    – Picture by ALI YUSOFF.  -  1,698 words
  • 1242 1  -  THE SINGAPORE WAY OF AVOIDING ETHNIC DISCORD CHEONG YIP SENG VANCOUVER Prime Minister Lee Kuan Yew thinks the accord between India and Sri Lanka provides the best chance for ending terrorism on the island. He expressed his views on the July agreement on
    1,242 words
  • 57 1 A SECOND Singaporean man has died of Aids, and one more has been Identified as an Aids virns carrier. The man died overseas recently, the Health Ministry announced on Thursday. The first Aids case died in April. There are now 12 .Aids carriers In Singapore plus
    57 words
  • Page 1 Advertisements
    • 78 1 GfiSjJQaaa* SJ.OOI n 31b? jaan ru Membership his its privileges.' INSIDE BG Lee shares his views with S’poreans in London PAGE 15 HOME NEWS Frozen-egg baby pioneer returns to S’pore PAGE 2 Cabby with see-all mirror suspended PAGE 3 Number of jobless drops PAGE 6 ACROSS THE CAUSEWAY/ ASEAN No
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  • HOME
    • 480 2 Late Hongkong entrepreneur donated s3m to promote Asian philosophies in Singapore PRIME Minister Lee Kuan Yew last week paid tribute to a Hongkong industrialist who donated (3 million to the Institute of East Asian Philosophies four years ago He said the late Mr John Tung
      480 words
    • 351 2  -  By ANNIE CHIA DR CHRISTOPHER Chen, who became world famous when he pioneered frozenegg pregnancy while in Australia, will head a unit in the Obstetrics and Gynaecology Department at the Kandang Kerbau Hospital. And he announced he would promptly carry on with
      351 words
    • 241 2 BUSINESSMEN like Singapore. if a survey by a British magazine is any indication. Business Traveller’s survey of more than 1,000 readers from around the world again picks Singapore as the second best city for business conferences last year. Singapore also retains its
      241 words
    • 162 2 SUGGESTIONS are being sought on what should be included in a proposed manual on Chinese customs and rites. The manual, being planned by the Singapore Federation of Chinese Clan Associations, is aimed at helping younger Singaporeans understand the significance of the various
      162 words
    • 48 2 POLICE are buying another 14 dogs from Britain to be trained for anti-crime patrols and detection of drugs Each will cost between $4,000 and $5,000 The dogs, all puppies, are expected to be flown here by the end of the month.
      48 words
    • 270 2 LEAVING their gold watches, diamond rings and other valuables as securities, Singaporeans borrowed $379.1 million from pawnbrokers in the first eight months of this year, reports Business Times. Against the same period last year, this was an increase of 7.9 per
      270 words
    • 107 2 THE Kandang Kerbau Hospital has joined other government hospitals in providing delivery rooms designed with fathers-to-be in mind. Three single delivery rooms, with sofas and piped music, have been renovated for husbands who wish to be with their wives during childbirth. These rooms
      107 words
    • 207 2 A THREE-JUDGE court struck off lawyer Sugunaretnam Munusamy from the rolls for wrongfully using $1,413 belonging to a client. Mr Sugunaretnam, 54, who was made a bankrupt on Nov 14 last year, had been a lawyer for seven years. The Law Society’s disciplinary committee had
      207 words
    • 327 3 Businessmen will save millions, says Dr Yeo BY EARLY next year, Singapore will be one of the few countries In the world with a dedicated digital network. Such sophistication will allow data to be transmitted at far greater speeds than today.
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    • 385 3 TELEPHONES you can carry with you wherever you go. This will become possible next year when a new system is introduced by Telecoms. The system, now under study and based on the latest cellular radio technology, will mean that businessmen on
      385 words
    • 62 3 Burnt-girl-in-bed murder: Man charged HAWKER Ow Ah Cheng. 27, was charged in court last week with the murder of schoolgirl Yang An Lian, 14, who was found strangled and partially burnt on a mattress in her home. No plea was taken from Ow, who was alleged to have committed the
      62 words
    • 165 3 SINGAPORE'S Mass Rapid Transit system will be launched on Nov 7 a Saturday with a day of charity rides. Those wanting to be part of that historic occasion will have to pay $3 for a return ticket. The fares will be donated
      165 words
    • 347 3 THE Public Utilities Board is studying the feasibility of privatising its gas and electricity operations. A team of consultants, comprising DBS Bank, merchant banker N.M. Rothschild and Sons, and consulting firm Arthur D. Little, is conducting the study. A Ministry of Trade and
      347 words
    • 343 3 A CABBY who was caught by the Registry of Vehicles last week with a see-all mirror giving him a view of his passengers in the rear seat has had his licence suspended for three weeks. The extra mirror, above the fare meter,
      – Posed picture.  -  343 words
    • 254 3 A FLIGHT stewardess pocketed a total of $5,720.75 in commission for doubling as a courier whilst on duty, a subordinate court heard. Ho Yoke Shoe, 35, who worked for Singapore Airlines until she was arrested, admitted carrying commercial goods to Jakarta for
      254 words
    • 427 4  -  But robbers keep an eye on them, too, and trail them home By CHUA CHIN CHYE KOLEX watches, the favourite time-pieces of businessmen and professionals, have become a mark of identification for bookies at the Singapore Turf Club. Many bookies there wear
      427 words
    • 407 4 MANDARIN has overtaken dialect as a home language for Chinese pupils, according to the Minister for Education, Dr Tony Tan. Attributing this breakthrough to the sustained efforts in promoting Mandarin over the years, he said 68 per cent of the
      407 words
    • 214 4 MR JOE GRIMBERG, 54. one of Singapore’s leading lawyers, will from Nov 2 become the third judicial commissioner appointed to the High Court Bench. His one-year appointment was announced by the Prime Minister’s Office on Thursday. The Singapore-born former student of St Andrew’s School
      214 words
    • 231 4 A GUN TOTING robber who got away with worthless costume jewellery and “some cash’’, was sentenced to life imprisonment and six strokes of the cane on Thursday. Tan Jiak Siah, 30, was given the mandatory sentence after he pleaded guilty to having a .32
      231 words
    • 117 4 MR JUSTICE A.P. Rajah, 76, who made history when he became the first Supreme Court judge here to remain on the bench after turning 70, has been re-appointed for yet another year. His extension was announced in the latest Government Gazette last week,
      117 words
    • 302 4 SINGAPORE’S three traditional all-boys schools, due to go independent next year, ought to be open to girls. This is the view of the Singapore Middle School Chinese Teachers’ Union, which proposed that the three schools take in the best students of both sexes. The
      302 words
    • 79 4 A MAN and a woman have been charged with possessing counterfeit perfumes for sale. Sho Huat Wee, 27, and the woman, Ho Yin Foon, 26, are alleged to have had in their possession 7,931 bottles of counterfeit Eau de Toilette in their flat in Moh Chuan
      79 words
    • 219 4 A THREE-MEMBER inquiry committee has finished hearing the appeal by Tan Wah Plow against the Government’s move to deprive him of his citizenship. It will present a report to the Minister for Home Affairs after going through evidence presented at four hearings.
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    • 259 4 SPYCATCHER, a former secret agent’s memoirs banned in Britain, went on sale in Singapore for only a few days before it was sold out. The British government had made futile attempts to block its circulation worldwide. It is believed local distributors received a letter
      259 words
    • 392 5  -  By GRACE CHNG SINGAPORE’S Mr Child Care. Professor Wong Hock Boon, 64, last Saturday received the nation’s highest science award for his work in wiping out a hereditary disease once the biggest killer among babies here about 20 years ago. The
      392 words
    • 194 5 THE best rooms, a gift every day, lavish parties where even the waiters dress up. a waterfall built by the poolside at a cost of $30,000... ail this for a group of 1,267 people who will be in Singapore for three days. Sounds
      194 words
    • 462 5 SECOND Deputy Prime Minister Ong Teng Cheong has blasted an American labour group for accusing Singapore of violating the rights of its workers. He described as “a lot of bunkum” the allegations made recently by the American Federation of labour and Congress of
      462 words
    • 285 5 SINGAPORE has maintained its position as one of the world’s top aviation countries though it has only one airline and no domestic flights. Singapore Airlines' performance last year placed the country 10th in terms of civil aviation performance. If domestic flights
      285 words
    • 338 5 TWO thousand girls responded to Singapore Airline’s recent Invitation to “step right op” for walk-ln Interviews at the Mandarin Hotel last week. Most had GCE 0 levels, some had GCE A levels, and a few were graduates. A fair number also had
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    • 103 5 A SINGAPOREAN has run into the Guinness Book of Records for clocking the fastest time up the world's tallest hotel. Flight steward Kenneth Keng, 34. took 7 min 20 sec to beat 200 others running up the 1.336 steps of the
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    • 399 6  -  Job ads in Straits Times also show a marked increase By TAN TECK HUAT WITH the pickup in the economy, the number of people on the Government's unemployment register has fallen while job advertisements have shown a marked increase. For the first
      Source Ministry ot Labour  -  399 words
    • 872 6  -  Trade minister underscores importance of US investments By ONG MING SEING Washington Correspondent CHICAGO Singapore wants to make sure that American investors will weigh the opportunities it can offer them when they plan to set up operations abroad. This was the
      872 words
    • 309 6 PROPOSED tours drawn up by local travel agencies to war-torn Cambodia and poverty-stricken Vietnam have attracted the attention of the Foreign Affairs Ministry, which is trying to discourage visits to these countries, reports The Sunday Times. In August, German Asian Travel was
      309 words
    • 218 6 FIRST Deputy Prime Minister Goh Chok Tong has reiterated his view that there should be more woman MPs in Parliament. "We can easily do with two or three more,” he said in response to suggestions raised at
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    • 150 6 THE Ministry of Education has asked schools, pre-uni-versity centres and junior colleges to put off examinations scheduled for the eve and day after Deepavali. A ministry spokesman said this was decided after parents called to ask the ministry not to hold examinations during
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    • 389 7  -  By SALMA KHALIK SINGAPORE and China are out to attract American tourists in a joint week-long promotion venture to lure more Westerners to the East. They plan to try to persuade Americans that, having come all the way to Asia, it
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    • 357 7 TWO Workers' Party leaders and a cadre member were acquitted on Thursday of two summons charges of trying to conduct an assembly without a permit and obstructing a police officer from doing his duty. District Judge Tan Soo Kiang found that
      357 words
    • 147 7 THE Senior State Councillor responsible for developing China’s Special Economic Zones and coastal cities arrived last night for an eight-day visit. During his stay here, Mr Gn Mn will open an international economic conference on Thursday with the Trade and Industry Minister, Brigadier-General (Res)
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    • 490 7 Another ‘joined by woman lawyer’ in Melbourne ONE of the four Catholic priests suspended from preaching and who left Singapore in the wake of the recent Marxist conspiracy has returned. Father Patrick Goh, who went away in June after resigning as
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    • 83 7 A BRITISH defence team which arrived earlier this week visited a precision optical equipment manufacturer on Thursday. The team of five, led by Parliamentary Under-Secre-tary of State (Defence Procurement) Timothy Sainsbury, spent 1' i hours at Avimo Singapore, a manufacturer of advanced electro-optical
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  • across the CAUSEWAY
    • 487 8 Armed forces chief welcomes Singapore Government’s apology NST. KUALA LUMPUR The new Malaysian armed forces chief. General Tan Sri Hashim Mohamed Ali, is satisfied that there was no ulterior motive behind the intrusion of a group of Singapore national servicemen into a riverine area in
      NST.  -  487 words
    • 452 8 Bernama KUALA LUMPUR The intrusions of Singapore soldiers into Malaysian territory have been described by several social and political organisations here as a violation of the sovereignty of a neighbouring country. They believed the intrusions were intentional and carried
      Bernama  -  452 words
    • 100 8 KUALA LUMPUR Information Minister Datuk Mohamet! Kahmat has denied that he plans to make It compulsory for women news readers on Radio Television Malaysia to wear scarves, according to The Star. The minister told reporters here that he had been misquoted In earlier
      100 words
    • 108 8 DEMOCRATIC Action Party MP lor Petaling Jay a Dr Eng Seng Chal points a finger of anger at a police officer who ordered his arrest for staging an Illegal demonstration outside the University uf Malaya in Kuala Lumnor on Friday last week. Ten other DAP
      released on ball. — NST picture.  -  108 words
    • 328 8 NBT. PENANG A factory foreman has applied to the High Court far a declaration that his wife’s conversion to Islam last January has not dissolved their Catholic marriage rites. Mr Donglas Arthur Pedley, 44, Is also seeking a declaration
      NBT.  -  328 words
    • 55 8 Bernama. KOTA KINABALU The High Court here on Thursday sentenced a Filipino, Atari Pawail, to death after he was found guilty of trafficking in 1,795 grams of ganja. Atari, 24, was found guilty of trafficking in the drug at the Prince Philip Park, Tanjung Aru, here
      Bernama.  -  55 words
    • 374 8 Row over Chinese school postings continues KUALA LUMPUR MORE Umno leaders and Malay organisations have joined in a protest against the stand taken by some leaders of the MCA, a main partner of the National Front, over the issue of the
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    • 163 8 Bernama KUALA LUMPUR Former MCA president Tan Koon Swan has filed a petition in the High Court here for divorce from Madam Chong Yoke, alias Chong Yoke Mei. In the petition filed last week, Tan said the marriage had "broken down irretrievably". Tan is now
      Bernama  -  163 words
    • 100 8 Bernama. KUALA LUMPUR The government is unable to boiid more universities because of financial constraints, although it realises existing ones cannot meet the country’s needs, Deputy Edncation Minister Woon See Chin told the Dewan Rakyat. He said ke was aware there were not enough
      Bernama.  -  100 words
    • 293 9 Row over posting of non-Chinese-educated heads in Chinese primary schools KUALA LUMPUR Thousands of pupils of Chinese primary sehools stayed away from class In Kuala Lumpur, Selangor, Penang and Malacca on Thursday In a move that went against the wishes of a
      , — Bernama picture.  -  293 words
    • 194 9 rr” NST. BALING Former Prime Minister Tunku Abdul Rahman has criticised some "younger” Malaysians who know nothing about the nation’s past and are encouraging racial polarisation in the country. "Some of them want an Islamic state and want Islamic laws for all Malaysians. Things
      rr” * NST.  -  194 words
    • 187 9 NST ALOR STAR Former Malaysian national footballer Shaharuddin Abdullah and his wife, Radin Terminah Radin Salleh, have been charged in a magistrate's court with drug trafficking. Shatiaruddin, 39. and Radin Terminah, 33, both prison warders here, were charged on Wednesday with
      NST  -  187 words
    • 381 9 KUALA LUMPUR THE Malaysian AttorneyGeneral has asked the police to investigate a recent report made by opposition leader Lim Kit Siang against Umno ministers and the Works Minister involved in the decision-making of the north-south highway project, The Star reported.
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    • 266 9 Bid for out-of-court settlement is rebuffed Suit to declare Umno assembly null and void KUALA LUMPUR Bernama. THE 11 Umno members who are suing party secre-tary-general Datuk Seri Sanusi Junid and six others, seeking a declaration that the party’s general assembly on April 24 is null and void, want the
      Bernama.  -  266 words

  • AROUND ASEAN
    • 374 9 MANILA AFP. PRESIDENT Corazon Aquino has said in an interview published here that she is determined to “hang on" to power until her term ends in 1992, and leave a united people as her legacy. Mrs Aquino said she was not threatened by
      AFP.  -  374 words
    • 92 9 MANILA President Aquino has warned leftist and right-wing extremists against further attempts to destabilise her government, saying she was not afraid to die fighting them. Mrs Aquino issued the warning in a brief speech to soldiers during a surprise visit to Bularan province north of
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    • 98 9 AFP. JAKARTA Indonesian police have alerted Interpol on the theft of rare Chinese ceramics from the National Museum here, a senior official of the Culture and Education Ministry said. The 20 ceramics, thought by local experts to be worth more than US$l million (512.12 million), were missed
      AFP.  -  98 words

  • FORUM/ Pick of the letters
    • 239 10 I REFER to your report "Team MPs ‘ensure racial balance’ (ST, Sept 28). The Team MPs concept to guarantee minority representation in Parliament is unpleasant but essential. It is "unpleasant" because it is an admission that our multi-racial policy has not been completely
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    • 295 10 IT IS not a very convincing argument that the Team MPs system is introduced to ensure the minority races are represented in Parliament. The present system seems to be working very well, and Parliament seems to be well-represented. What exactly are the shortcomings
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    • REACTION TO THE ASIAWEEK AFFAIR
      • 184 10 THE arrogance and sarcasm found in Asiaweek Editor Michael O’Neill’s letter to a Singapore Government spokesman is most offensive, in particular the last paragraph, which resorts to a personal attack on his "adversary" rather than focus on the issues in contention.
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      • 280 10 Excerpts from readers’ letters on the government action against Asiaweek magazine I STRONGLY support the Government’s restriction on the circulation of Asiaweek magazine to 500 copies per issue. It was wrong of the magazine to have changed the contents of the reply
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      • 136 10 I AM amazed by Mr Michael O’Neill’s assertion that he had not "materially altered" a letter (never mind from whom) by adding 470 words or so to it (never mind the deletions) without informing his readers that those words were not the author’s. As editor, I would
        136 words
  • Page 10 Advertisements
    • 200 10 Fill someone overseas about Singapore. The Straits Times CZ WEEKLY OVERSEAS EPITtQN m'-wmv srniMora t M 1 Ns 'V The Straits Times Overseas Weekly. It’s the weekly newspaper, printed on lightweight paper in convenient tabloid size. It carries business, economic, political and general news on Singapore as well well as
      200 words
    • 91 10 Dear Overseas Readers The Straits Times Weekly Overseas Edition welcomes letters Irom you. Your letters must include your signature, full name and address. They should preferably by typed, doublespaced, on one side of the paper. You may add a pseudonym if you wish, but we would prefer your using your
      91 words

  • COMMENT/ Perspective
    • 699 11  -  Ning Juita I MET a holy man from India and he knew at once how sad I was. It was a sadness that began in childhood when ‘‘religious’’ relatives told me that only people of our faith would go
      699 words
    • 1089 11  -  Appeals are judged according to the laws and sovereignty will not be diluted By Cheng Shoong Tat, of the Political Desk WHEN Malaysia abolished all appeals to the Privy Council two years ago, a natural question was whether
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    • 430 11 HUMOUR MACAW in The Sunday Times WHEN my 10-year-old nephew Alex and I decided to escape from the concrete jungle, we made a beeline for the East Coast Park. When we arrived, we saw four men staggering along, carrying a strange object which looked like
      430 words
    • 2044 14 IN AUGUST, Mr Lim Kit Siang, Secretary-General of the Democratic Action Party and Malaysia’s chief opposition leader, filed a suit in the Malaysian High Court charging that there were irregularities in the signing of the letter of intent between the
      2,044 words
    • 777 14  -  By CHENG SHOONG TAT of the Political Desk Til K Malaysian High Court's judgment on the l KM case raises a question of constitutional interest to both Malaysia and Singapore. The defendants In the case had argued that a suit based on the interference
      777 words

  • COMMENT/ Pick of the week’s editorials
    • 623 12 EDITORIALS published in this page are from The Straits Times unless otherwise acknowledged. Oct 17, 1987 FOUR Singapore national servicemen strayed into Johore several months ago. They should not have. When the Singapore Government found out, the men were punished and an official apology was made
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    • 633 12 Oct 15, 1987 PRIME Minister Lee Kuan Yew, in his speech to the Commonwealth summit, has called attention to the changes in the global power structure since the end of World War 11. In 1945 the US and the USSR were the dominant powers while the rest of
      633 words
    • 621 12 Oct 14, 1987 IT WAS not that long ago that Filipinos, fresh from a revolution which restored democracy to their country, were brimming with hope for a new era of peace, stability and improved living standards. Compared to the initial euphoria, which has since faded,
      621 words
    • 420 12 AROUND THE COURTS MORE Mandarin than dialects is being spoken around the courts these days. The reference made here is to witnesses who are wholly, if not principally, Chinese-speaking whether in one or more dialects or, in addition, Mandarin. In most cases,
      420 words

  • Intrusion into Johor
    • 794 13 FOUR Singapore Armed Forces national servicemen earlier this year accidentally strayed into Malaysian territory when they navigated up a river in south-west Johor. Singapore apologised for the incident shortly after and the High Commission in Kuala Lumpur said the SAF has taken disciplinary action against
      794 words
    • 135 13 Comment headlined "What are the standing orders?” by Awang Selamat published in Utusan Malaysia on Oct 8. THE Singapore Government has apologised to Malaysia for the intrusion by a group of Singapore soldiers in an assault boat into Sungai Mela >ii Disciplinary action had been taken against
      135 words
    • 333 13 Comment headlined ‘‘Soldiers issue: Should we continue to be soft?” by Haniff Hadi published in Berita Harian Malaysia on Oct 9. JOHOK is full of various incidents this week. A magistrate is detained for corruption, rats threaten residents, Felda settlers indulge
      333 words
    • 470 13 Editorial, headlined "Singapore soldiers: Are they mischievous or under going training published in Utusan Malaysia on Oct 8: THE report about four Singapore soldiers who intruded into Sungai Melayu in Johor in an assault boat last May would not have raised
      470 words
    • 91 13 Comment, headlined ‘‘ls the intrusion aimed at testing Malaysia's defence capability?”, by Bajang, published in Utusan Melayu on Oct 8: THE Singapore Government hns apologised to Malaysia for the intrusion by a group of Singapore soldiers In an assault boat into a riverine
      91 words
  • Page 13 Miscellaneous


  • NEWS FOCUS
    • 1943 15  -  ‘lf you’re not in the ring, no need to throw bouquets, certainly don’t throw stones’ By ALAN HUBBARD, Europe Editor LONDON The invitation made it sound like that most English of occasions afternoon tea but the tea was Chinese and the
      1,943 words

  • TIME$
    • 3137 16 Friday, Oct 16, 1987 1987 last Yield Vol Day High low Company Sale Change 000) High low SECTION ONE INDUSTRIALS COMMERCIAL 275 130 Acma 205 4 04 75 208 203 96 56 Alcorn 66 -14 308 109 Amal Staal SOt 264 1.5 317 275
      3,137 words
    • 385 16 THE Straits Times Industrial Index yesterday was driven below the 1,400 mark for the first time this month following the continuing plunge on New York’s Wall Street and other major world share markets. The fear of adverse developments across the Causeway
      385 words
    • 71 16 THE Kuala Lumpur market also suffered an across-the-board retreat yesterday. Losers outpaced gainers 162 to eight, while the New Straits Times Industrial Index fell 20.23 points to 2,068.06. Malaysian International Shipping Corp lost 15 sen to M 59.35 and Malaysian Airline System five sen to
      71 words
    • 165 16 HONGKONG share prices closed sharply lower yesterday but a late surge of buying pared losses in a day of roller-coaster trading that at one time saw the Hang Seng Index dive more than 100 points. The index finished the day 45.44
      165 words
    • 409 17  - UPP to resume trading after 4½ -year suspension By HSUNG BEE HWA THE four-and-a-half year suspension on trading in United Pulp Paper Company Ltd shares has finally been lifted. The shares will resume trading on Monday. The Stock Exchange of Singapore gave the green light for the re-listing following an
      409 words
    • 181 17 THE Chuan Hup group has bought a majority stake in a Canadian-listed company as part of its push into the North American market. The group acquired a 79.21 per cent stake in Golden Dawn Explorations, a company listed on the Vancouver Stock Exchange, for a
      181 words
    • 532 17  -  By CONRAD RAJ MARINE engineering and property group Promet Bhd, which is in the hands of receivers Peat Marwick, returned to the black last year after suffering a massive bottom-line loss of M5U4.79 million in 1985 According to its longoverdue 1986 results, which were
      532 words
    • 386 17 0(1 16 HKS Chkrtff Assoc Inti Motels 330 0 35 Bank Of lott Asia 31 75 •1 25 Capital Corp 3 05 •0 45 Cothay Pocitit An 850 O 15 Cheung Kong China light 1250 27 40 4001 -0 7 City Resoutces 4 25 -0 25 Cross Hart) Tunnel
      386 words
    • 269 17 THE way is now clear for Transmarco's sale of The Hour Glass. The Singapore High Court has lifted an interim injunction which had prevented the sale from proceeding The sale of The Hour Glass to Dr Henry Tay and his wife Jannie
      269 words
    • 124 17 KUALA LUMPUR The Slmr Darby group has decided to withdraw its M 5244 million general offer tor Guthrie Kopt 1. Slme Darby said on Wednesday It was unable to reacn agreement on the conditions and terms for Its offer lor the whole
      124 words
    • 158 17 THE more than $15(1 million that Oversea-Chinese Bank ing Corporation wii; raise from its l-for-10 rights issue at $3 per share will contribute positively to the earnings of the bank for this year. in a circular to shareholders, OCBC directors said they expected the
      158 words
    • 463 18  -  s4om payment offer to creditors to settle all debts By CONRAD RAJ LATEST: Creditors of E.G. Tan and Co have asked the firm’s founding family to raise their offer to $50m. THE founding family of stockbroking firm E.G. Tan A Company,
      463 words
    • 381 18 A TAKEOVER offer for the giant Hongkong Land is said to be imminent and Singapore property tycoon Ng Teng Fong's Hongkonglisted Sino Land is being mentioned among a long list of possible bidders. Sources said yesterday another Singapore contender could be the Hong
      381 words
    • 277 18 Managers' prices lor October 17 19 Sintapore Unit Trust The Commute 1 1»- 1 26 The Savings Fund 1 06-1 13 Spot» Prog fund 0 «8-0 52<d Spore See fund 0 80-0 86 Spore Invest fund 091-097 Spore Equity fund Asia Unit Trust 060-065 Mai Invest Fund 155-163
      277 words
    • 373 18 BRITISH battery maker Chloride Group PI>C has applied to the Stock Exchange of Singapore for a main board listing for its new subsidiary. Chloride Eastern Industries. The public listing is part of a plan by the Chloride group to use Singapore as
      373 words
    • 143 18 UNIFUND, a CPF-approved unit trust under the United Overseas Bank group, has split its units ana converted into a one-price fund from this week. With the split of the units, prices will be halved to make them more affordable to new investors.
      143 words
    • 385 18 THE United Overseas Land group, which bought Goldhill Square for $225 million on Sept 15, is borrowing $2lO million from United Overseas Bank group to help finance the deal. The purchase was completed by UOL through a wholly-owned subsidiary, Faber House Pte
      385 words
    • 67 18 SIM LIM Finance, which received in-principle approval for its one-for-four rights issue last month, has kept its word of turning in an “improved performance”. The finance company on Thursday announced a 352 per cent jump in pre-tax profit to $533,000 for the half-year to Sept
      67 words
    • 204 18 Reuter. SYDNEY The New South Wales (NSW) government has eliminated Malaysia's Genting Bhd as the sole remaining tenderer for a casino in Sydney, NSW Treasurer Ken Booth said. It would be neither prudent nor proper to make public the government’s reasons, Mr Booth said
      Reuter.  -  204 words
    • 256 18  -  ANNE KOH THE price of tin cans went up this week, but there are no indications yet whether consumers will have to pay more for their canned goods. The cans now cost about 12 per cent more. This works out to about two
      256 words



  • Page 19 Advertisements
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      961 words

  • Page 20 Advertisements
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  • Page 21 Advertisements
    • 453 21 Ill'll 111/iH V////V//"'//,'"//' "111/ u))// *0 4* 4Ĕ&C. 2& ?<: °o rv_y /Q °C§K '"iVITTTrV}, 7///////// ’i/nn/wiW Viiilliuiity V Q H «w c 0 4« V: Si CT 4* <* ’/nil 7 nipiWTTTV wrmrm 4 A. U'-», «ffc <ft V'K ft y 0 '$Q, >k 'fr <* Tfrrrr, mn in
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  • TIMESPORT
    • 505 23 HAKIKAT RAI gives his views on the local athletics scene THE love of money, they say, is the root of all evil. For the Football Association of Singapore, saddled by the absence of funds, their senses fail to function. For the Singapore Amateur Athletic
      505 words
    • 493 23  -  Star striker gets blessing of FAS to test his ability in European football By JOE DORAI IP"'" SINGAPORE’S top striker, V. Sundramoorthy, has been invited (or a threeweek trial by reputed Swiss Division One club PC Basle. The chance for Sundram who topocored (or
      493 words
    • 77 23 KUALA Lt'MPUR (Federal Territory) spearheaded by Fandi Ahmad and K. Hannan are clear favourites te win tonight’s Malaysia Cap (Inal at the Merdeka Stadium against giant-kill-ers Kedah, who unset the leagae champions, Pahang, In the semi-finals last week. Kedah, leading 14 In the first leg nf the
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    • 233 23  - Rahmat, Narisa are first husband-and-wife team to roll for S’pore BOWLING By LEE WAI WUN NATIONAL bowlers Rahmat Ahmad and Narisa Prateep are feeling on top of the world, and it's not just because they’ve qualified for the AMF World Cup. The pair will roll into history as the first
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    • RACING NOTES
      • 286 23 Cash in the Bank for the Khoos all $122,000 of it CASH IN THE BANK, having only his second start in the country, outsprinted a bright Class 1 field in the $175,000 Lion City Cup over 1,200 m (Race 5) at Bukit Timah last Sunday and gave leading trainer Johnny
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      • 194 23 JOCKEY "Taffy” Thomas was last weekend disqualified for six months at the conclusion of the stewards’ Inquiry Into his handling of Zoffany In Race on the second day of the Uon City Cnp meeting at Bnldt Timah. (Zoffany came from lasi to finish
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      • 50 23 ONE lucky punter hit the jackpot in the quartette betting at Bukit Timah last Saturday: $228,894 on a $2 stake. It was the highest payout since the quartette picking the first four horses past the post in correct order was introduced. The previous record was $129,156 last March.
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  • 635 24  -  By ONG MING SEING Washington Correspondent UNITED NATIONS Asean handed Vietnam its biggest diplomatic defeat ever on Wednesday when the United Nations approved by a record margin a call to Hanoi to withdraw its forces from Cambodia. The vote was 117-21
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  • 128 24 kl ALA LCMPl'K The case of foor Singapore Armed Forces national servicemen who strayed Into Malaysian waters Is closed, the Singapore High Commission said In a statement on Thursday. The statement said the Malaysian government notified Singapore In July about the Incident. On
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  • 230 24  -  The Brunei bank trial By CATHERINE C. ONG BANDAR SERI BEGAWAN The High Court will give its ruling today on whether Brunei has jurisdiction to try five conspiracy charges against the accused in the $1 billion National Bank of Brunei (NBB) fraud case.
    230 words
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