The Straits Times : Weekly Overseas Edition, 19 March 1988
1988-03-19
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The Straits Times : Weekly Overseas Edition
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Title Section20 1988-03-19 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, MARCH 19, 1988 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 222/8/8720 words
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End of the road for 146- year-old Singapore Turf Club
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234 1988-03-19 1 CONRAD RAJ - By CONRAD RAJ A NEW turf club, to be directly owned by Singapore Totalisator Board, will be registered in a few days to take over horse racing and four-digit draws in Singapore. Membership will be open to the public at an affordable price and234 words
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Article150 1988-03-19 1 IT WAS in the public interest that the Singapore Totalisator Hoard was set up. Before the Hoard was formed, Singapore Turf Cluh members, numbering about 6M, could have dissolved the cluh and shared out its accumulated funds and reserves, which at Dec 31,150 words
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Article, Illustration502 1988-03-19 1 Those developments will moan the end of the 146-year-old STC whose 600 members had, until this year, held the Republic's horse racing monopoly. A meeting to dissolve the STC is expected to be held soon after the annual general meeting yesterday. The502 words
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231 1988-03-19 1 CONRAD RAJ - Don’t change name of the club plea to Tote Board CONRAD RAJ THK Singapore Turf Club plans to appeal to the Singapore Totalisator Board to retain its name and membership in the new elub that the hoard has proposed to set up to eonduet horse racing and four-digit draws. in231 words
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1048 1988-03-19 1 KUALA LUMPUR PRIME Minister Datuk Seri Dr Mahathir Momamad has said again that the judiciary should devote its attention to the dispensation of justice without favouring any side or being involved with any political party. He told Parliament that lately there had1,048 words
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Article62 1988-03-19 1 kl ALA 1.l MPI K Former Finance Minister and president of the Malaysian Chinese Association Tun Tan Slew Sin died in hospital here on Thursday. He was 71. Tun Tan, ehairman of Sime Darby Hhd. was admitted to the hospital last week after a heart attaek.62 words
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Page 1 Advertisements
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Advertisement121 1988-03-19 1 lU(j SJ! SVCj (ilCjSU<*]lUZ\X mu hiwr If U A LOofb .PPFTVXTF: CW7ROPITOI? INSIDE Strolling through ‘Vintage City' CENTRESPREAD Trauma of caring for a bed-ridden parent PAGE 14 HOME NEWS Parliament reports PAGE 2 PM pays tribute to MRT teams on official opening PAGE 4 New law will make it easier121 words
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PARLIAMENT
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Debate on the Budget
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Article, Illustration934 1988-03-19 2 No tax changes unless circumstances demand it SINGAPORE can now "luxurlato" in an era of balanced Budgets with promises of no tax changes unless it is to compensate for gains or losses not provided for or when social purposes demand them, Finance934 words
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488 1988-03-19 2 THE Housing Board is to concentrate its efforts on building flats as Singapore moves closer to the target of full home-ownership by the year 199 ft. National Development Minister S. Dhanabalan told Parliament the HDB will hive off several functions488 words
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Article, Illustration750 1988-03-19 2 THE Government levy on foreign workers is not a revenue-raising measure hut a necessary control on the influx of cheap foreign labour here. labour Minister lx*e Yock Suan told the House that Singaporeans may not realise it, hut the foreign workers levy750 words
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HOME
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Article, Illustration602 1988-03-19 3 CONRAD RAJ - By CONRAD RAJ A FORMER Dah Yung Investment executive director, David Cheng Hong Soon, who already faces charges of cheating and criminal breach of trust, was this week charged with three counts of forgery involving more than 17 million602 words
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395 1988-03-19 3 ABBY TAN - By ABBY TAN Manila Correspondent MANII.A The ban on Filipinas leaving for Hongkong and Canada to work as maids has been lifted. Labour Secretary Franklin Drilon also said that talks were still going on with Singapore and Malaysia on395 words
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Article, Illustration154 1988-03-19 3 MR ABDIJL Aziz bin Mahmood, 52, a career officer in the Foreign Affairs Ministry, is Singapore's new High Commissioner to the United Kingdom. He will take up his appointment in London next month more than a year after the death of his predecessor,154 words
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82 1988-03-19 3 TIIIRTY-three youths, aged between 13 and 16 appeared In the juvenile eourt this week charged with firecracker offences, committed in January and February. The eourt called for probation reports on 3ft of the youths who are Singaporeans. Four Malaysian hoys arrested at the Woodlands customs checkpoint82 words
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Article, Illustration393 1988-03-19 3 A GROUP of 120 new lawyers was this week called to the Bar an all-time record. Chief Justice Wee Chong Jin said he was told there was an equal number of young men and women and he commented that it showed “perfect equality393 words
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201 1988-03-19 3 AT LEAST 1,200 copies of the first issue of the reprinted Far Eastern Economic Review have been sold since they were made available last week. Of these, about 700 copies were sold at two retail chains Times The Bookshop and NTUC FairPrice. The rest went201 words
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261 1988-03-19 3 THE Law Society has accepted the Attorney-Gener-al’s view that anybody who complains to it about a lawyer and does so without malice need not fear any libel action. The society president, Mr Giam Chin Toon, said this in a reply to a letter261 words
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Article, Illustration645 1988-03-19 4 RAV DHALIWAL - WELL DONE! PM pays tribute to MRT teams at official opening System now links Yio Chu Kang to Clementi By RAV DHALIWAL PRIME Minister Lee Kuan Yew last week congratulated all who worked on the Mass Rapid Transit project for a job well done. His tribute, made at the official645 words
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Article287 1988-03-19 4 TRAIN fares, considered cheap by many at between 50 cents and $l.lO, are not likely to be changed for some time. But rising operating costs can drive them up. "It will be very much dependent on external factors beyond our control," Minister for Communications and Information287 words
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Article, Illustration545 1988-03-19 5 CATHERINE C. ONG - By CATHERINE C. ONG THE Government is proposing rigorous new laws to make it easier for the Public Prosecutor to trace, freeze and seize ill-gotten gains of corruption. Under present laws, the Government or any other person can545 words
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94 1988-03-19 5 A MAN, his wife and his tun sisters, all Malaysians were charged on Wednesday with trafficking in 1.15 kg of heroin, an offence punishable with death. No pleas were taken from l.im Ah Poh, 35; his wife, Chew *loo Kim, 32,94 words
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Article94 1988-03-19 5 Narendra A({arwal - STATISTICS THAT SHAPE THE COUNTRY By Narendra A({arwal 10 top jobs for women The 430.000 working women constitute over a third ot the labour force While computer program mers draw the highest salary among non-profes sional or executive women, the glamorised air hostesses do not figure in the94 words
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297 1988-03-19 5 THE former general manager of an arms company. Tan Kok Cheng, has begun serving his four-year jail term for corruption and abetment-to-forgery. He was not due to start serving his term as he had appealed against the sentence after he pleaded297 words
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117 1988-03-19 5 AUSTRALIA’S new High Commissioner, Miss Margaret Rosaleen Me Govern, presented her credentials to President Wee Kim Wee at the Istana on Wednesday. Miss McGovern, 46, formerly Ambassador to Sweden, will join the small number of women who have been high commissioners and ambassadors for their117 words
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84 1988-03-19 5 A WAITRESS who exposed her breasts to customers at the bar where she worked has been fined $3OO by a district court. The prosecution told the court that at about 9 pm on March 12, two policemen in plainclothes, acting on a tip-off, went84 words
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259 1988-03-19 5 TAXI drivers from one taxi company were collecting an average of $3,338 a month, driving a single shift, according to the Registry of Vehicles. Hut the cahhies who enjoyed this “impressive average monthly collection” were driving longer distances, the ROV added. The average259 words
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290 1988-03-19 5 A TOTAL of 9.904 people were screened for Aids lasi year, nearly three times more than in 1985. Most of these were from the high-risk groups, such as prostitutes and homosexuals, who had their blood samples taken as part of routine screening290 words
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171 1988-03-19 5 THE drive to promote community songs has struck an enthusiastic chord among civil servants. About 2,300 of them from various government departments and statutory boards have formed 60 groups to take part in a national community singing contest. The contest is171 words
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Article, Illustration496 1988-03-19 6 GILLIAN POW CHONG - My 3 wishes Marshall at 80 GILLIAN POW CHONG MR DAVID MARSHALL’S wishes when he turned 80 last Saturday were no different from those ho had when he was 16. "My first wish would be for animal energy. My second would lx* for more animal energy and my third for496 words
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567 1988-03-19 6 SANDRA DAVIE - Move to get a better mix of teachers By SANDRA DAVIE TKACHING posts are being opened for the first time to engineering, architectural studies and estate management graduates The Ministry of Education. in this move to got quality teachers for technical stuilies,567 words
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205 1988-03-19 6 "RE A teacher. Do something worthwhile with your life. That is the slogan which is appearing on TV screens as the Education Ministry mounts its first-ever television campaign to attract quality men and women into the profession. The 40-second TV advertisements, which205 words
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Article154 1988-03-19 6 SIGNS will soon he put up at the Woodlands checkpoint to warn those coming to Singapore of the severe penalties of drug taking and trafficking. The director of the Central Narcotics Bureau, Mr Poh (ieok Ek, said that the signs would he put up after154 words
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Article, Illustration335 1988-03-19 6 WOULD the well-heeled food lover cross oceans for a taste of great Singaporean cooking? The Singapore Tourist Promotion Board intends to find out by sending emissaries abroad to whet the gastronomical curiosity of food connoisseurs for the more than335 words
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Article77 1988-03-19 6 A COMPANY director was fined a total of $lO,OOO for causing pollution. Thio Sin lluan was found guilty of allowing fuel oil to be dumped into a roadside drain outside his company, Singapore Guttas Manufaeturing Pte Ltd at 6 Commonwealth Lane. He was fined $5,000 for77 words
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Article, Illustration410 1988-03-19 7 CEPHAH TAN - 7 vehicles damaged, tree uprooted as she tries to park her car By CEPHAH TAN A 41-YKAR-OLI) secretary went on a collision “spree” in her husband's Toyota and slammed into seven cars parked in a Whampoa Drive car park just before410 words
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216 1988-03-19 7 Peter Hazelhurst - By Peter Hazelhurst TOKYO While Singapore is burdened with an excess of hotel rooms, SIA and other airlines lack the capacity to fly the growing number of Japanese tourists who want to visit the Republic. As a result, all seats on216 words
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306 1988-03-19 7 RAV DHALIWAL - By RAV DHALIWAL ROAD tax increases are unlikely if private car growth keeps within one per cent over the next five years. The Minister for Communications and Information, Dr Yeo Ning Hong, who gave this assurance, said306 words
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Article, Illustration349 1988-03-19 7 "DON’T leave homo without it”, say the advertisements for American Express, but seven foreigners probably wished they had when they started getting bills from Singapore a country they had never even visited. The men were victims of a349 words
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326 1988-03-19 7 SOME of the next Members of Parliament could come from the ranks of the Youth Wing of the People’s Action Party. The wing’s chairman, Brigadier-General (Res) Ix*e Hsien Loong, who was asked if promising Youth Wing members are being groomed for326 words
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across the CAUSEWAY
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Article, Illustration548 1988-03-19 8 ALOR STAR NST, Hcrnama. I’RIME Minister Datuk Seri Dr Mahathir Mohamad has deserihed former trade and industry minister Tcngku Razaleigh llamzah and former foreign minister Datuk Rais atini as ‘‘traitors” and said they and the pro-tern committee members of the stillborn l mnoNST,; Hcrnama. - 548 words
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161 1988-03-19 8 Bernama SHAH AI.AM Mosques should be centres for training and producing Islamic scholars, and venues for the propagation of Islam, the Sultan of Selangor said last Friday. Apart from being places of worship, mosques should also hold seminars or courses on Islam, he saidBernama - 161 words
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222 1988-03-19 8 KI’ALA LUMPUR Mr Wang Choon Wing, the former Malaysian Chinese As social ion national organising secretary, has resigned as Deputy Minister of Youth and Sports. In a statement, Mr Wang said that Prime Minister Datuk Seri Dr Mahathir Mohamad had accepted his res222 words
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370 1988-03-19 8 ISMAIL KASSIM - By ISMAIL KASSIM m Kota Baru THE opposition Parti Islam (PAS) has failed in its bid to topple the Kelantan state government under Mentri Besar Datuk Haji Mohamad Yaacoh when more than two-thirds of the State Assembly rejected a vote of370 words
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Article, Illustration648 1988-03-19 8 OBITUARY Bernama. KUALA LUMPUR The late Tun Tan Siew Sin, born in Malacca on May 21, 1916, was a sixth-gener-ation Straits Chinese. He was a descendant of Mr Tan Hay, owner and navigator of a junk from Fujian province in China, who emigrated toBernama. - 648 words
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338 1988-03-19 8 NST. KUALA LUMPUR The Registrar of Societies has exempted former officebearers of Umno, which has been declared unlawful, from having to seek permission before holding posts in the New Umno or other societies. This paves the way for former Umno leaders at state, division andNST. - 338 words
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CAUSEWAY/ ASEAN
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544 1988-03-19 9 KUALA LUMPUR journment. UPI, Bernama, AFP. THE High Court on Monday adjourned its hearing on an application by the group behind the move to form Umno Malaysia challenging the rejection by the Registrar of Societies of its application to register thejournment. — UPI, Bernama, AFP. - 544 words
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322 1988-03-19 9 KUALA LUMPUR The lone Partai Islam MP at the Dewan Rakyat sitting on Wednesday has apologised to the Deputy Prime Minister, Mr Ghafar Baba, for alleging that Mr Ghafar organised a mass rally of Malays last year for the purpose of toppling Prime322 words
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263 1988-03-19 9 TAN BOON KEAN - By TAN BOON KEAN. of the foreign Desk KUALA LUMPUR The Chinese business eommunity in Malaysia is likely to get the assistance it needs to tide over its cash-flow problems, say several hankers and businessmen. They were commenting on the call by263 words
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209 1988-03-19 9 KUALA LUMPUR There are still parents in Malaysia who refuse to have their children inoculated for immunisation against diseases on religious grounds, Deputy Minister of Health Datuk K. Pathmanaban has said. Because of this, a quarter of the country’s children have not209 words
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304 1988-03-19 9 MANILA The Philippine military has identified at least 36 Catholic priests active in the communist movement. The Manila Chronicle reported that military intelligence said at least 13 are holding key and sensitive positions in the movement’s territorial commissions. The304 words
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58 1988-03-19 9 MANILA Communist guerillas have threatened to seize and redistribute to peasants the landholdings of prominent people, the Manila Standard reported here this week. The communist National Democratic Front (NDF) had issued a circular in Nueva Vizcaya and Quirino provinces targetting the lands of 1258 words
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234 1988-03-19 9 Reuter SYDNEY Indonesia has ended its two-year ban on Australian journalists by granting a one-year visa to a correspondent for the Australian Associated Press. The Indonesian authorities granted the visa to AAP’s South-east Asia correspondent, Mr James Dallmeyer, the Australian domestic news agency reportedReuter - 234 words
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331 1988-03-19 9 JAKARTA Reuter. PRESIDENT Suharto, now in the process of selecting a new Cabinet to take Indonesia into the *****, has urged Muslim leaders to throw their weight behind modernisation. Islam should help build a development-conscious population, he said. In nationally televised remarks– Reuter. - 331 words
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COMMENT/ Pick of the week’s editorials
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Article657 1988-03-19 10 MARCH 19. 1988 THE Housing Hoard is going to move gradually into the market place. That was the message in the statement to Parliament on Wednesday by Minister for National Development Mr S. Dhanabalan. In one key way, what this means ultimately is that purchasers of657 words
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Article627 1988-03-19 10 MARCH 17. 1988 MASS MEDIA advertising campaigns are getting to he the order of things those days. Increasingly the services of the professionals in the public relations business are being called u|Min to sell a product. Or even an idea. The Education Ministry is doing just that627 words
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Article617 1988-03-19 10 MARCH 15. 1988 UNTIL recently, discussions on the Team MP legislation have been from the pers|>eotive of the minority. What was lacking was an examination of the Team MP proposal from the majority's point of view. It may be argued that the legislation, insofar as it617 words
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655 1988-03-19 10 Ning Juita - To er or to ah that is the question facing Malaysians Ning Juita PEOPLE in Singapore may have heard of the controversy across the Causeway on bahasa haku. Or perhaps you have not. In which case, you may lie wondering, “What manner of animal is that?" Haku means "correct". Hahasa655 words
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Article133 1988-03-19 10 “We have a policy for everything, but somehow we do not seem to have a policy for our agricultural sector. We have very high sounding things like agro-technological parks. Why can’t we call a farm a farm?” Mr Tang See Chim (Chua Chu Kang), when he asked National133 words
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COMMENT/ Perspective
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Article, Illustration685 1988-03-19 11 CHRIS PETERSON - By CHRIS PETERSON HONGKONG’S judicial system, seen by some as a British colonial relic with its be-wigged judges and black-robed lawyers, is going through a turbulent time as people here ponder the future under Chinese rule. In the past few weeks, the outgoing Chief Justice685 words
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Article, Illustration1148 1988-03-19 11 TWENTY-FOUR-YEAR-OLD Charmaine Cho Ying Ying is a Singapore girl with designs on a big future in the fashion industry. She has just won a major award which carries the offer of a job with a London fashion house once she completes her studies1,148 words
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Page 11 Miscellaneous
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Miscellaneous14 1988-03-19 11 (olfi/e's M'oe X Vs X s VSLBI v 1 o o m a S«S14 words
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HOME NEWS SPECIAL
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820 1988-03-19 12 / 13 JENNIFER KOH - URA unveils civic centre plan By JENNIFER KOH HAVE you ever wished to take a leisurely stroll along colonnaded walkways lined with art galleries and craft shops? Or retrace a historical trail featuring the resplendent architecture of colonial buildings?820 words
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Article633 1988-03-19 12 / 13 Revitalising the cultural and historical nerve centre of Singa/)ore has met with a resounding response from a cross-se('tion of Singaporeans interviewed by The Straits Times. Many readily offered suggestions arts schools, souvenir shops, sculptures to add life to the preserved structures. Interviews bv JENNIFER633 words
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Article, Illustration1042 1988-03-19 12 / 13 Master Plan lists 8 key zones to be developed B BELOW aiv excerpts of the Urban Redevelopment Authority's draft master plan for the Civic and Cultural District: It has a wealth of buildings with architectural and historical significance. The district contains some of Singapore’s richest architecturalGraphics by FELIPE JL CABRERA - 1,042 words
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FOCUS
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Article, Illustration200 1988-03-19 14 4 1 eurse myself and I eurse my mother. I know very well that her behaviour Is beyond her eontrol. Hut I eannot take it anymore. She tortures me and I ill-treat her. What will heeome of all this? The best way out is200 words
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Article, Illustration1046 1988-03-19 14 MICHAEL LIM - SPECIAL REPORT... by MICHAEL LIM THE suicide of a woman who could not take the strain of looking after her paralysed and bedridden mother has brought sharply into focus the plight of thousands of Singaporeans who face the same dilemma of caringBy NOLI GALANG - 1,046 words
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Two families’ experience
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Article260 1988-03-19 14 RESENTMENT, and then resignation swept over nurse Mrs L when it fell on her to care for her 70-year-old father, who was paralysed after a stroke four years ago. The mother of two boys, who had four sisters and a brother living here, was indignant that260 words
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Article240 1988-03-19 14 IT WAS a family affair when the Lang family of Upper Thomson Road decided to nurse their cancer-stricken father at home, as he wished, through the last eight months of his life. Except for two brief periods of hospitalisation, schoolteacher Miss Lang Ren Jee, her brother David240 words
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FORUM
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The Team MR legislation
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1040 1988-03-19 15 Readers’ views on the Select Committee hearing IN HIS representation to the Select Committee hearing on Team MPs, Mr Chiam See Tong said something to the effect that we should blur the racial lines between the different ethnic groups and hopefully build a1,040 words
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310 1988-03-19 15 THE Select Committee hearing into the (IRC proposal deserves the attention and concern of Singaporeans as it has implications for the racial harmony and political stability of the country. However, 1 feel that the committee would be in a better position to310 words
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Page 15 Advertisements
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Advertisement92 1988-03-19 15 Dear Overseas Readers The Straits Timas Waakly Overseas Edition welcomes letters from you. Your letters must include your signature, full name and address. They should preferably be typed, doubledspaced, on one side of the paper. You may add a pseudonym if you wish, but we would prefer your using your92 words
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Advertisement222 1988-03-19 15 Hn St *7iit >T»s!m‘s Now, keeping in touch with what’s happening in Singapore couldn’t be easier. Or more economical. Because all the major news of every week is condensed into one paper. The Straits Times Weekly Overseas Edition. Printed on lightweight paper in convenient tabloid size, it fills you in222 words
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TIME$
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Article3222 1988-03-19 16 Friday, March 18, 1988 1987/M last Yield Vol Day High low Company Sale Change 000) High Low SECTION ONE VOUSTRIALS l COMMERCIAL 275 80 Acina 103 3 09 45 103 101 ADEF A 1023 1005 1005 ADEF B 1012 275 80 Acina 103 unch3,222 words
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193 1988-03-19 16 Weekly market report A IMH BLK DIGIT again in a day of active trading saw the Straits Times Industrial Index breaking through the 950-polnt level on Thursday. But profit-takers stepped in the next day, and though the Index moved above the 969-mark in early193 words
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Article203 1988-03-19 16 SINGAPORE stocks closed mixed yesterday after drifting within narrow ranges for much of the day. Dealers said prices opened firm in line with the overnight 21-point gain in the Dow Jones to 2086.04 its highest level since Oct 19 but profit-taking in the afternoon pared the203 words
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105 1988-03-19 16 IN THE Kuala Lumpur market yesterday, profittaking cut short a firm lead and share prices closed mixed. Price movements were marginal but gains were more prominent. Brokers said the profittaking was not unexpected following the run-up in the previous two days. One added105 words
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Article32 1988-03-19 16 IN HONGKONG, share prices yesterday closed higher in active trading. The Hang Seng Index rose 26.27 points to 2,607.60. Turnover rose to HKSI.4B billion from Thursday’s HK$l.O3 billion.32 words
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278 1988-03-19 17 mi: Government is prepared to consider retaining a small share in the $2-hil-lion Singapore petrochemical complex if its Japanese partners feel that such a move is useful, said Finance Minister Or Kiehard Hu. In a recent interview with The Nihon278 words
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Article455 1988-03-19 17 HSUNG BEE HWA - Six-fold jump in Singmarine’s profit By HSUNG BEE HWA MARINE-BASED Singmarine Industries Ltd, which went public just six months ago, has improved on its earlier profit forecast hy making a 598 percent jump in group pre-tax profit to |5.96 million last year. The company, which has455 words
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Article378 1988-03-19 17 Mir 1« HKS Chante Attoc InH Hotali 2 375 ■0 025 Bonk Of tail A no 1690 unch Capitol Corp 0 84 unch Cathay Pacific Aif 7 05 0 15 Chaung Kong China Light 790 19 10 0 1 -03 City Ratourcat 1 33 •0 02 Crott Hath Tunnal378 words
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Article231 1988-03-19 17 Interbank Over the counter Foreign currency Local dollars to one unit of foreign currency Foreign currency to S310 Australian dollar Canadian dollar N/ dollar Sterling pound US dollar 1 4787-1 4814 ***** ***** 1 3466- 1 3493 3 7023-3 7062 *****- ***** 685-668 674-6 15 7231 words
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258 1988-03-19 17 THE Straits Trading Company and four whollyowned subsidiaries have sold all their shares in Australian glass and packaging group ACI International for a profit of $11.95 million. The group sold the 11.06 million ACI shares for $66.62 million in response to a cash offer258 words
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Article280 1988-03-19 17 Managers' prices for March 19 21 Singapore Unit Trust lilt Comment. 0 94 1 Of. Tht Sailing!, fund 0 81 087.d Spore Prog fund i8 1 Sport Set fund 063 0 68 Sport Invest fund 0 68 0 73 Sport (quity fund 0 4!) 0 49 Asia Unit280 words
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Article, Illustration611 1988-03-19 18 Group rewarding shareholders by doubling dividend to spc DIVERSIFIED Keppel Corporation has repot ted a 330 per cent jump in pretax profit to $-15.78 million for last year. The group, which expects "reasonable profits" this year barring a global recession, is rewarding611 words
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566 1988-03-19 18 HSUNG BEE HWA - By HSUNG BEE HWA PROPERTY and shipping group Straits Steamship Company Ltd has doubled its pre-tax profit to $17.09 million last year and is poised to take on new invest ment opportunities. The group, w hich is confident of maintaining its earnings this566 words
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515 1988-03-19 18 MALAYAN Breweries Ltd (MBL) is seeking NZ$55 million (5573.7 million) in damages from New Zealand brewer Lion Corporation for the diminution in value of its shareholdings in the company, if the Li-on-Nathan merger is concluded. The action was filed on Wednesday in the515 words
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349 1988-03-19 18 PROPERTY-RASED Parkway Holdings managed to end last year with a 27 per cent gain in pre-tax profit to $19.18 million despite a dip in earnings in the second six months. And. directors said, they are looking forward to "another year of continued progress". For the349 words
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184 1988-03-19 18 PROMKT Bhd yesterday succeeded in lifting the receivership of its Malaysian and Hongkong companies, hut a similar application to discharge the receivers and managers of two Singapore subsidiaries has been adjourned to Monday. The Singapore High Court yesterday adjourned hearing of the application to184 words
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481 1988-03-19 19 CONRAD RAJ - By CONRAD RAJ BOTH the Singapore and the Kuala Lumpur stock exchanges have de-listed Wannian Holdings, the former owner of the Furama Hotel in Havelock Road whose shares have been suspended from trading since April 23, 1986. Their decision means that shareholders are now holding on481 words
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Article, Illustration447 1988-03-19 19 ELAINE KOH; LISA LEE - By ELAINE KOH and LISA LEE A SYNDICATE (if 12 banks led by Societc Generale has slapped another suit on property developer Hendra Rahardja this time as guarantor for a $1 .'-Ml-million loan to build Hotel Meridien. Sources say the hotel developer, Good447 words
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356 1988-03-19 19 SHAREHOLDERS »1 Pahang Investment» PLC, whose shares have been delisted by the Singapore and Kuala Lumpur stork exchanges, have little hope ol recovering their investments. These shareholders, who have not hern able to trade the stork since Oct It, 18X5, when the shares were356 words
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Page 19 Advertisements
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Advertisement709 1988-03-19 19 REACH SINGAPORE FROM HOME To advertise, contact our representatives below: MALAYSIA: The New Straits Times Press (M) Bhd 31, Jalan Riong. Kuala Lumpur ***** Tel *****44 Cable New Times Telex MA ***** Fax (03) *****34 U.K.: Mr John Armour /Mr R Ramesh The Straits Times Press (London) Ltd 102/106 Temple709 words
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Page 20 Advertisements
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Advertisement803 1988-03-19 20 APPOINTMENTS Where sophisticated systems begin... ...you and Hewlett-Packard. Our view of the future is using resources to produce and support new generations of hardware and software. And your contribution will make an indelible mark on our future endeavors. SYSTEMS ENGINEERS Ybu will provide technical support to sales force during the803 words
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Page 21 Advertisements
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Advertisement1206 1988-03-19 21 CAP The CAP Group, Britain’s leading systems house, is engaged in the full spectrum of information technology worldwide. CAP Information Systems, the wholly-owned Singapore subsidiary of CAP Group pic, is an established supplier of quality and leading-edge information systems to the financial and banking sectors in the Republic, ASEAN and1,206 words
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Page 22 Advertisements
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Advertisement315 1988-03-19 22 JOURNALISTS THAN JUST It ft ik Business writer Conrad Raj, of Timesdollar. Winner of the 1987 Story of the Year award, he has written countless business stories. “I was involved in the stock market crash of 'B7 but thank goodness just as a writer and not a sorrv investor." Economics315 words
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TIMESPORT
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Article, Illustration901 1988-03-19 23 TAY CHENG KHOON - Rolex Masters winner makes it a double By TAY CHENG KHOON IT WAS the final whip to the post that gave Greg Bruckner the Singapore Open golf title at Tanah Merah Country Club last Sunday. The Californian shot a one-over-par 73 for a 281 total and901 words
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Article, Illustration222 1988-03-19 23 ALL-ENGLAND BADMINTON LONDON There was triumph and tragedy for Singapore in the first round of the All-England badminton championships at Wembley here on Wednesday. Hamid Khan triumphed over China's Zhang Qingwu, seeded joint fifth, in the first game 18-15. But222 words
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Article, Illustration229 1988-03-19 23 ROGER YUE - By ROGER YUE Racing Editor BEFORE he handed in his trainer's licence in 1986. Ivan Allan saddled an enviable record of nine Singapore Derby winners. l,ast Sunday, Grand Blusion, trained by Charles Read, gave him his first winner in this229 words
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426 1988-03-19 23 JOE DORAI - By JOE DORAI A CONVINCING 34) win over Tiong Bahru CSC at Jalan Besar Stadium before a crowd of 3,000 on Wednesday night made Geylang International the first champions of the inaugural semi-profes-sional Premier league. And the player who made the victory possible was426 words
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Article, Illustration113 1988-03-19 23 BY WINNING the Singapore Derby on Grand Illusion last Sunday, jockey Leslie Khoo, 34 (above), ended a three-year classic drought and reached another milestone of his illustrious career. He joins the likes of Johnny Wilson and Des Coleman with a record 13 big-race113 words
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Article, Illustration480 1988-03-19 24 PRIME Minister Lee Kuan Yew, accompanied by Mrs l,ee and his only two remaining “Old Guard” ministers, Mr S. Kajaratnam, 73, Senior Minister in the Prime Minister's Office, and Mr E.W. Barker, 67, Minister for l<aw, paid official visits to India and Pakistan this week.Pictures by FRANCIS ONG. - 480 words
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Page 24 Advertisements
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Advertisement6 1988-03-19 24 Nikon Tha World’» Flnoat Photographic Systam6 words
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Page 24 Miscellaneous
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Miscellaneous50 1988-03-19 24 SUN TAN By Collette VOu l l*\it tMf *ouSc E.AC* MOUNTS,/ou .SAfMDTHf DAf omTSiDC, vcu nESIEct you* FAMiuy you NtUC* &ET 6Acx“ r u'u you AA£ hot inTTACSTeD |n you* home r~CA*x i HttP it /OrH I M A WOtUfAHOLIC P\ V/2JE rv J* r UISSE x i-Jf: ZL. </Mk50 words
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