The Straits Times : Weekly Overseas Edition, 3 December 1988
1988-12-03
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The Straits Times : Weekly Overseas Edition
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Title Section20 1988-12-03 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY. DECEMBER 3. 1988 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 42/8/8820 words
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Article, Illustration763 1988-12-03 1 AGNES WEE - Work to start next year on new Singapore landmark By AGNES WEE TYCOON-STUDDED Suntec City Development of Hongkong, which was awarded the contract for the $1 billion International Exhibition and Convention Centre at Marina Centre on Thursday, expects to start building it763 words
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Article281 1988-12-03 1 of OSDC’s spare. — AGNES WEE - of OSDC’s spare. AGNES WEE. AFTER years of legal tussles, the Ngee Ann Kongsi and Metro Holding’s whol-ly-owned subsidiary, Orchard Square Development Corporation, have signed an agreement to jointly develop a $lOO million commercial complex at Orchard Square, the last remaining vacant prime land along281 words
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596 1988-12-03 1 THE four criminal convictions against lawyer J. R. Jevaretnam still stand, the Government said in a statement this week. It said that in the opinion of the Attorney-Gen-eral, the Privy Council’s comments that he was not guilty “cannot and do not have the effect596 words
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361 1988-12-03 1 CONRAD RAJ - By CONRAD RAJ KHOO Ban Hock, the former chairman of the nowdefunct National Bank of Brunei (NBB) and the eldest son of fugitive hotel tycoon Khoo Teck Puat. is back in Singapore after spending two years in a Brunei jail. Sources said361 words
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Page 1 Advertisements
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Advertisement10 1988-12-03 1 Censors: Why we banned Last Temptation book See Page 210 words
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Advertisement54 1988-12-03 1 TIMESDOLLAR S pore ‘in tip top economic condition’ PAGE 18 HOME MAS concerned with credit cards growth PAGE 2 ‘Equal misery’ principle to curb vehicle growth PAGE 3 CAUSEWAY Selangor’s Raja Muda weds Californian girl PAGE 10 COMMENT I PAGES 14-15 J TIMESDOLLAR PAGES 16-19 I FORUM j PAGE 2054 words
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Advertisement10 1988-12-03 1 31b? SI 001 T«* JW» Menilfership has its pm nlcges.10 words
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HOME
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450 1988-12-03 2 KOH BEE ANN - More than 400,000 credit cardholders in Singapore By KOH BEE ANN THE CREDIT-CARD war, which heated up in June inis year, has seni the number of cardholders here soaring over 407,000. The Monetary Authority of Singapore (MAS), which gave the figure, expressed concern450 words
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198 1988-12-03 2 A COMPUTER each. That's what the teaching staff of the National University of Singapore will get by early next year. The university plans to install 5,000 computers in the next three years. This month’s Campus News, an NUS publication, reports that198 words
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Article, Illustration111 1988-12-03 2 A DREAM came true this week for IS-year-oid Catherine Hill. She found herself In Singapore, having breakfast with Ah Meng, the star orang-utan at the Singapore Zoo. Catherine, who is suffering from leukemia, made three wishes through the Make-A-Wlsh Koundatlun of Britain. Her111 words
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213 1988-12-03 2 TRADE and Industry Minister Lee Hsien Loong left last night with an eightman delegation to attend the Montreal Ministerial Meeting starting on Monday. The meeting will review the progress of the Uruguay Round of multilateral trade negotiations launched two years ago and chart213 words
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178 1988-12-03 2 THE National Trades Union Congress is mounting an educational campaign to assure members that it is safe to live and work with Aids victims. It will also work to persuade bosses not to dismiss employees who have contracted the virus, said Mrs Yu-Foo178 words
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Article, Illustration529 1988-12-03 2 The Last Temptation LOCAL censors said on Wednesday they were acting “on the side of caution", in disallowing the book, The Last Temptation, and the film. The Last Temptation of Christ, which sparked heated controversy here. In a letter to The Straits529 words
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102 1988-12-03 2 AMERICAN-BASED Cipher Data Products is to lay off 70 people from its Singapore operations as part of a worldwide move to “streamline its operations and increase efficiency”, the company said. The company said there will be a total reduction of 220 employees102 words
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Article, Illustration888 1988-12-03 3 RAV DHALIWAL - Dr Yeo looks into the next decade of traffic management in Singapore By RAV DHALIWAL SINGAPORE'S vehicle population will be kept in check in the years to come with a mix of fiscal and other measures which are equitable and based on the888 words
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222 1988-12-03 3 THE Business Times and its editor, Mr Mano Sabnani, last week filed their defence to a defamation suit for reporting an allegedly slanderous speech made by Brigadier-General (Reservist) Lee Hsien Loong during an election rally on Aug 25. They are the222 words
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Article75 1988-12-03 3 THE last batch of $1 notes will be issued by the Board of Commissioners of Currency, Singapore (BCCS) from today. The board has assured the public of adequate stocks of new notes to meet festive requirements till February (Lunar New Year). No more $1 notes75 words
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452 1988-12-03 3 SERENA TOH - By SERENA TOH UNDERGRADUATES graduating next year are being wooed and hired by employers months even before their graduation. With the economic upturn, banks and private companies have gone tal-ent-hunting in an aggressive way at the National University of Singapore and452 words
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299 1988-12-03 3 Gillian Pow Chong - By Gillian Pow Chong THE issue of doctors doing housecalls will be discussed at a Singapore Medical Council meeting this month. Among other things, the council will consider having guidelines for housecalls, said an SMC spokesman. Letters have been sent to at least299 words
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Article148 1988-12-03 3 ASEAN communications ministers as well as the Sec-retary-General of the United Nations, Mr Javier Perez de Cuellar, are among the VIPs expected to turn up for Asia Telecom 89, the international telecommunications forum and exhibition which will be held here in February. The six-day148 words
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Article, Illustration545 1988-12-03 4 ‘No reason for fewer babies next year’ ACTING Health Minister Yeo Cheow Tong wants Chinese couples to know that some of history’s most famous people were born in the Year of the Snake. He finds it frustrating that the number of births in Singapore545 words
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Article, Illustration550 1988-12-03 4 ALAN HUBBARD - She’s first woman to be medical professor at varsity By ALAN HUBBARD, Europe Editor CAMBRIDGE A Singa-pore-born doctor has made history by becoming the first woman to be appointed to a medical professorship at Cambridge University. Dr Kay-Tee Khaw, 38. takes up the550 words
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Article, Illustration119 1988-12-03 4 PRIME Minister Lee Kuan Yew and Mrs Lee paying their last respects to Singapore’s former Ambassador to Thailand, Mr Chi Owyang, at a Mount Vernon funeral parlour. looking on are four of Mr Owyang’s children. A widower, he left six sons, a daughter and119 words
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108 1988-12-03 4 SINGAPORE became the first country in the region to offer a commercial vid-eo-conference service when Dr Yeo Ning Hong, Minister for Communications and Information, launched the service yesterday with a video-confer-ence with the vice-chair-man of AT&T, Mr Randall Tobias. Dr Yeo spoke from Singapore108 words
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Article, Illustration229 1988-12-03 6 Automated Scrabble wins schoolboy the top prize in a national contest A PROGRAM which allows a person to play scrabble with a personal computer won Anderson Junior College student Chee Hon Wah the overall prize in the National Software Competition (Open Section). His entry, Automated Scrabble, was the229 words
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655 1988-12-03 6 RAV DHALIWAL - By RAV DHALIWAL SINGAPORE’S first airconditioned taxi stand and an Indoor waterfall are just two of the touches that will make Changi Airport 's Terminal II a pleasant entry and exit point. The new terminal will boast aesthetic touches worth some $23655 words
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255 1988-12-03 6 – ALAN HI BBARD - ALAN HI BBARD. CAMBRIDGE Singapore transplant baby Tasneem Babu has had a second liver graft at Addenbrookes Hospital, Cambridge. The three-hour operation last weekend was conducted by a team which included Singapore surgeon Susan Lim. who said that the one-year-old child was stable.255 words
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476 1988-12-03 6 LAWYER Francis Seow yesterday failed in an eleventh-hour bid to have his tax evasion case heard in the High Court. Mr Justice Lai Kew Chai turned down his application for a change of venue for the trial476 words
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Article79 1988-12-03 6 VISITING Chinese Minister of Foreign Economic Relations and Trade, Mr Zheng Tuobin, and his delegation held talks with Trade and Industry Minister Lee Hsien Loong, on Tuesday. Mr Zheng is here at the invitation of Brig-Gen (Res) Lee, who also hosted a dinner for him. Earlier,79 words
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874 1988-12-03 7 BECAUSE the labour market is imperfect, the Government cannot take a totally “hands-off” policy on wages and leave this e r tirely to market forces, Trade and Industry Minister, Brigadier-General (Res) Lee Hsien Loong, said. It cannot passively accept874 words
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92 1988-12-03 7 THE Singapore Filin Society has appealed to the Board of Film Censors against banning the award-winning Chinese film, Yellow Earth on the ground that the “theme of the film was politically objectionable”. The society’s chairman, Mr Kenneth Tan, who made the appeal, said92 words
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Article, Illustration400 1988-12-03 7 MARY ROSE GASMIER - By MARY ROSE GASMIER ONE OF the world’s most dangerous animals got so bored with his daily routine that he went into action as a showman. And last week Nanook. the polar bear, was an instant hit with his400 words
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297 1988-12-03 7 UNDER the government policy to discourage mon-ey-making statutory hoards from keeping too much in their own kitty, the Urban Redevelopment Authority has transferred $540 million of its accumulated surplus of $1.25 billion to the Government’s consolidated fund. It is one of four statutory297 words
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Article152 1988-12-03 7 THE Post Office Savings Bank is planning to put up a $ll5-million headquarters building in Robinson Road, on a site now occupied by the Criminal Investigation Department. With an anticipated height of 30 to 35 storeys, the new building will be much taller and152 words
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Article, Illustration750 1988-12-03 8 DOREEN SIOW - Project to improve service under way By DOREEN SIOW SOME people who write to the Forum pages of The Straits Times on matters relating to the Government have had to waif for about two months before getting a reply. But there were others750 words
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Article, Illustration424 1988-12-03 8 Former airport worker cleared of murder charge HOW a young New Zealand woman tourist fell 20 floors to her death three years ago will remain a mystery with the acquittal of a former airport operatioas assistant accused of her murders. The High Court424 words
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395 1988-12-03 8 SET up a National Arts Council to coordinate and publicise Singapore’s rapidly flowering visual arts. This was proposed last week by a committee of the Advisory Council on Culture and the Arts as part of a $250-million master plan aimed at making395 words
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278 1988-12-03 8 DOREEN SIOW - By DOREEN SIOW SEAGATE Technology’s management this week denied industry speculation that the company is planning a second round of retrenchment Mr Christopher James. Seagate’s director of hu man resources, said Seagate will assure staff the company is on course after last week's retrenchment278 words
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138 1988-12-03 8 A WOMAN store planner in Seagate Technology, already accused of misappropriating $69,000, has been further charged with eight counts of cheating involving over $536,000. Heng Eng Li, 26, is said to have committed the frauds between June 29 and Sept 11,1987. On eight occasions, she138 words
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Article, Illustration476 1988-12-03 9 Sandra davie - Bugis Street will be back smell and all Night-time haunt will be faithfully recopied, right down to toilet By Sandra davie THE new Bugis Street will look, smell and be very much like the old, come 11)90. It will be complete with those funny, familiar, almost forgotten push carts, narrow476 words
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Article77 1988-12-03 9 PART of Orchard Read, from Dynasty Hotel to Centepoint, will be closed to all traffic for two nights from nightfall to 1 am to enable the public to celebrate Christmas Eve and usher In the New Year. But, unlike the giant Swing Singapore street party77 words
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304 1988-12-03 9 SINGAPORE Airlines is optimistic its application for twice-daily flights into London and a daily flight into Manchester can be settled by negotiation with British Airways and Britain’s Transport Department. This note of optimism was sounded by Mr T. F. Kingston, SIA304 words
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Article131 1988-12-03 9 next year. — ALAN HUBBARD - next year. ALAN HUBBARD. LONDON A society aimed at furthering the mutual interests of Singaporeans and Britons has been formed here. The Singapore (UK) Association the first of its kind in Britain has the backing of the Singapore High Commission in London. High Commissioner Abd- ul131 words
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221 1988-12-03 9 TWO journalists with Lianhe Wanbao were charged in a district court this week with contravening a judicial order The order, imposed by Judicial Commissioner Mr J. Grimberg, prohibited the publication of the name and address of the alleged victim in the Changi221 words
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Article448 1988-12-03 9 SERENA TOH - Unglamorous image blamed for shortage of anaesthetists By SERENA TOH THE shortage of anaesthetists in Singapore is partly because of the»* unglamorous image that of a doctor who merely puts a patient to sleep on the operating table. Dr Si-Hoe Kok Chun, president of448 words
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218 1988-12-03 9 AN ordinary-looking rice sack has been found by narcotics officers to contain more than just topgrade Thai rice. Hidden among the pearly-white grains were packets of heroin wtth a total weight of 5 kg, according to the officers. The find was made in an218 words
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Page 5 Advertisements
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Advertisement365 1988-12-03 5 You're a Singaporean university undergraduate studying overseas. \ou have just given your absolute best; a consistent performance over a number of years. \ou’re about to gain your degree, and take on the world in your chosen field. But now you have to make some decisions, real decisions, that people like365 words
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across the CAUSEWAY
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457 1988-12-03 10 Bernama, Reuter. KUALA LUMPUR Malaysia will not abandon its policy to help Malays advance in the economy, especially the achievement of the 30 per cent target for bumiputra ownership of the corporate stock, Prime Minister Datuk Seri DrBernama,; Reuter. - 457 words
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303 1988-12-03 10 KUALA LUMPUR The political style of the New Umno leadership was one of the two main reasons Tengku Razaleigh Hamzah and Datuk Musa Hitam gave for rejecting the offer of a Cabinet post by Prime Minister Datuk Seri Dr Mahathir Mohamad. The other303 words
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Article, Illustration441 1988-12-03 10 THE Raja Muda of Selangor, Tengku Idris Shah, 43, Crown Prince to the Selangor throne, on Thursday married American-born Nurlisa Idris Abdullah, 28, at a simple ceremony at Istana Bukit Kayangan. The marriage was solemnised by State441 words
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356 1988-12-03 10 KUALA LUMPUR Police are waiting to confiscate the assets and ill-gotten gains of at least seven suspected drug kingpins and traffickers. Some of the suspected kingpins have already been prosecuted under Section 39 B of the Dangerous Drugs Act which carries356 words
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Article141 1988-12-03 10 NST. KUALA LUMPUR The Government spent MJI.B million (511.32 million) on the five overseas trips made by Prime Minister Datuk Seri Dr Mahathir Mohamad this year, Foreign Minister Datuk Abu Hassan Omar told the Dewan Rakyat. Replying to opposition MP Peter Paul Dason (DAP-BayanNST. - 141 words
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234 1988-12-03 10 NST, AFP JOHOR BARU Six armed robbers believed to be Indonesians were shot dead in two shoot-outs in Johor last week, police said. Police were earlier tipped off that five of the robbers were on their way to Masai to robNST,; AFP - 234 words
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across the CAUSEWAY/ ASEAN
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343 1988-12-03 11 Renter. KUALA LUMPUR Malaysia has resisted pressure from the International Monetary Fund (IMF) to Increase the value of the nation’s currency, the ringgit, in line «Ith economic growth, a government official said. “The IMF said the ringgit is undervalued in the lightRenter. - 343 words
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170 1988-12-03 11 NST ALOR STAR The secretaries-general of two ministries have resigned following a probe by the Anti-Corruption Agency into their possible involvement in corrupt practices. Disclosing last week, AC A Director-General Zulkifli Mahmud said the two resigned after they learnt about the investigations.NST - 170 words
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Article, Illustration447 1988-12-03 11 Two ex-MCA leaders may rejoin party report KUALA LUMPUR Two former Malaysian Chinese Association leaders, Datuk Michael Chen and Tan Sri Siok Yew, are expected to rejoin the party, The Star reported. Datuk Chen resigned from the MCA and joined the Gerakan in 1981. He is now the party’s vice-chair-man.447 words
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Article55 1988-12-03 11 PENANG More than 'OO Gerakan members from the Kebun Ilungah and Tanjung Bungah branches crossed over to the Malaysian Chinese Association (MCA) last Sunday. The members are supporters of Penang Gerakan vice-chairman Datuk Khor Gark Kim and Tanjung Bungah Assemblyman Khoo 800 Yeang, who defected55 words
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Article128 1988-12-03 11 Bernama PENANG Mystery surrounds the house of a religious teacher near here which was damaged by fire recently for the 16th time since early October. Madam Ustazah Sailah Shamsuri, 56, believes the fires at her house in Kampung Masjid, Teluk Kumbar were the workBernama - 128 words
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Article, Illustration506 1988-12-03 11 YANG RAZALI KASSIM: Jakarta - Gen Murdani back in power circle By By YANG RAZALI KASSIM: Jakarta Jakarta JAKARTA President Suharto has reorganised the power structure of Golkar, giving himself more direct control of the ruling group, party insiders say. It is unclear how far the new set-up favours506 words
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340 1988-12-03 11 TAN LIAN CHOO - By TAN LIAN CHOO BANGKOK Differences over the issue of copyright have split the Thai Cabinet, with Foreign Minister Siddhi Savetsila threatening yesterday to quit as head of the government’s subcommittee on Thai-US relations. The controversy centres on how Thailand should respond to American340 words
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COMMENT/ Pick of the week’s editorials
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Article632 1988-12-03 12 DEC 3, 1988 WOMEN find it harder to gain political power. and once they get it they are likely to try harder on the job. Hence, their performance is likely to better than that of some male leaders. Margaret Thatcher. Indira Gandhi and Golda Meir are632 words
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Article622 1988-12-03 12 DEC 2. 1988 WHERE dictators once reigned supreme, there are now angry people seeking retribution for the wrongs done to them. So it was with Haiti, the Philippines and South Korea, to cite the most recent cases. However, last week a remarkable thing happened in South Korea622 words
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Article628 1988-12-03 12 DEC 1, 1988 EVER since he assumed power in 1985, Soviet leader Mikhail Gorbachev has counted on regaining China’s friendship and he will soon get what he wants. By the time China’s Foreign Minister Qian Qichen winds up his visit to Moscow this weekend, he and his628 words
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623 1988-12-03 12 FAREWELL, HOWARD OLD warriors, however battered, have never been known to completely retire. They move on elsewhere to pursue anew their interests from where they last took off. And so it is with Singapore-born Howard Edmund Cashin, a war veteran of the Burma623 words
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Article205 1988-12-03 12 “We must change our thinking. We should not consider the other Zodiac signs as being less auspicious or favourable than the dragon. There are great men born under every one of the Zodiac signs. The world would be a sadder and poorer place if capable people were born205 words
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FOCUS
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Article, Illustration900 1988-12-03 13 RITUAL killer Adrian Lim, 45, a one-time church warden, was hanged in Changi Prison last week for the sacrificial murders of two children killings which shocked the nation seven years ago. His wife, Tan Mui Choo, 33, and mistress, Hoe Kah Hong, 32, who900 words
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Article, Illustration549 1988-12-03 13 Obituary: Mr Chi Owyang MR CHI OWYANG. who died in Bangkok last week, three years retired from a long and illustrious career as a banker when he was asked to become Singapore’s ambassador to Thailand. Despite being already 74, he549 words
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Page 13 Miscellaneous
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Miscellaneous36 1988-12-03 13 r It’s Cheah TOWJWnETHWSUW. WIM Cs£cm WOU^TO [jm mnou st£ ism t^rx vj jmcju mm L s3j^f WfOTTON! \J V T 1 \-vm tHQ j n .ICAiI ft* mi\ wmivt WSO mwi W\ ft V SJ36 words
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COMMENT/ Perspective
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Article, Illustration991 1988-12-03 14 TAN SAI SIONG - By TAN SAI SIONG in The Sunday Times CAN there be an educated Singaporean whose ears have not been assailed by the term "Asian values" in the last few months 9 I doubt such a person exists as the newspapers are991 words
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Article, Illustration1095 1988-12-03 14 YANG RAZALI - By YANG RAZALI KASSIM: Jakarta WHEN the Sukarno controversy was the talk of the town recently. President Suharto characteristically kept his own counsel while keeping an eye on developments. Now the dust is settling, it can be seen that the President1,095 words
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Article, Illustration1174 1988-12-03 15 ABBY TAN - By ABBY TAN. Manila Correspondent FILIPINOS waited anxiously for three years to hear the word “vision" in President Corazon Aquino’s speeches. When she presented her report card on her first 1.000 days in office recently. the word was notFile picture. - 1,174 words
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Page 15 Advertisements
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Advertisement230 1988-12-03 15 Now, keeping in touch with what’s w——happening in Singapore couldn't oe easier. Or more economical. Because all the major news of every week is condensed intqone paper. The Straits Times Weekly Overseas Edition'. Prinied on iightweight paper in convenient tabloid sizejt fills you in on the latest in business, the230 words
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TIME$
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Article4372 1988-12-03 16 TRANSACTION DATE: DEC 2, 88 Gr's 1988 Tel Last Y’ld Vol Day Last Quote High Low Code Company Sale or- 000) High Low Buyer Seller SECTION ONE INDUSTRIAL COMMERCIAL 141 95 t e looo Acma 104 unch 09 9 104 103 103 104 85 42 10014,372 words
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Article57 1988-12-03 17 THE day-to-day ST Industrial indices and dally turnover for the week: MONDAY: 1,002.55 points (down 8.77); 8.40 m units (value $16.93ni); TUESDAY: 1,00.7.37 (up 0.82); 10.88 m units ($20.69m); WEDNESDAY: 1,005.48 (up 2.12); 12.6ni units (827.48 m); THURSDAY: 1,003.47 (down 2.02); 16.13 m units ($31.42m); FRIDAY: »99.3757 words
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Article85 1988-12-03 17 Rubber (per kilo) S’pore Malaysia (cents) (sen) Nov 28 198.00 276.00 Nov 29 196.00 275.50 Nov 30 195.50 276.00 Dec 1 201 (X) 278.00 Dec 2 200.00 277.50 Palm oil Crude MS/lonne palm oil December 980 (south) 970 (central) January 985 (south) 975 (central) Refiner) palm oil USS/tonnes85 words
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Article70 1988-12-03 17 HONGKONG Hongkong share prices moved marginally lower yesterday on the usual pre-weekend caution, brokers said. The Hang Seng Index lost 0.77 of a point to 2,667.26 while the broader based Hongkong Index shed 7.32 points to 1,758.58 Turnover was slightly lower at HK$l billion against Thursday's70 words
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Article288 1988-12-03 17 Weekly sharemarket report TIIE beginning of the last month of fhe year made little difference to the pattern of trade on the Singapore Stoek Exchange. Yet, with a low 16.12 million units trad ed. Thursday recorded the best volume of the week, an indication288 words
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Article365 1988-12-03 17 Dec 2 HKt Clunte Ahoc Inf! Hotel» 2 825 0 05 Banic Of East Asia 18 50 0 Copitoi Corp 068 unch Cathay Pacific Air 945 unch Cheung Kong Chino Lighi 790 unch 1360 0 1 City Resources 1 12 Cross Horb Tunnel 1600 -0.1 Dao Heng365 words
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Article109 1988-12-03 17 NST KUALA LUMPUR Investors in the Kuala Lumpur stock market experienced another disappointing session yesterday as prices succumbed to selling to close marginally lower across the board. Dealers said the decline was probably due lo the ;»oor performance In major overseas markets. Interest, they added, continuedNST - 109 words
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150 1988-12-03 17 Interbank Foreign currency Australian dollar Canadian dollar N7 dollar Sterling pound US dollar Local dollars to one unit of foreign currency 1.6903-1.6931 i.6380- —1.6403 1.2626-1.2652 3 6047-3.6085 1.9485-1.9495 Austrian schilling Belgian franc ccom) Danish kronor Deutschemark Finnish mark Local dollars to 100 units of150 words
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395 1988-12-03 18 Republic rated world’s No 4 in latest Beri survey SINGAPORE “Is in the best ever economic and financial condition’', according to the latest country report by an American risk assessment firm. Ranked fourth amongst 48 countries surveyed, the Republic remains a stable and395 words
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202 1988-12-03 18 SHAREHOLDERS of General Securities Investments Ltd (GSI) will receive a Christmas bonus in the form of a 10-per cent special dividend. It commemorates the company’s tenth anniversary as a listed company and also enables shareholders to take advantage of GSl’s tax payment to the202 words
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509 1988-12-03 18 three hotels. — CHOW chee sun - three hotels. CHOW chee sun. SHAREHOLDERS in Singapore Land Ltd can take heart that the property group is ready to do better after sliding for four consecutive years. In his latest annual report, Chairman S.P. Tao said: “I believe the past year has509 words
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225 1988-12-03 18 POLYTEK Wearnes Holdings Ltd, whose public offer last month was nearly twothirds undersubscribed, received an equally cool welcome on Sesdaq this week. The junior stock market’s 13th member set for itself an unenviable record for becoming the first Sesdaq issue225 words
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383 1988-12-03 18 JOHN TAN - By JOHN TAN in Business Times SHAW Organisation, one of Singapore’s largest movie groups, has brought the diverse activities of more than a dozen subsidiaries under a $lOO million umbrella holding company. The new holding company, called Shaw Organisation Pte Ltd, was383 words
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231 1988-12-03 18 DCREEN SCH - DCREEN SCH. INVESTMENTS by CPF members leapt nearly fourfold between the end of 198 C and the last day of 1087. And nearly six oat of 100 active CPF members took a hand In the management of their compnlsory savings by231 words
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472 1988-12-03 19 Better results achieved despite dearer newsprint EXCEPT for a sharp drop in investment income, newspaper and publishing group Singapore Press Holdings generally did bet ter in the last financial year. Sales went up lfi per cent to $91(1.88 million Trading profit472 words
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Article, Illustration613 1988-12-03 19 “SUGAR KING” Robert Kuok Hock Nien has agreed to pay about HK$2 billion (Ss4B7 million) for Australian entrepreneur Alan Bond’s 30-per cent stake in Hongkong’s TVB. Under the deal, Bond Corp International Ltd (BCIL), a subsidiary of Perth-based Bond Corp613 words
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453 1988-12-03 19 LIM ENG HAI - Owner gets 10 weeks to repay ss2m debt to banks By LIM ENG HAI THE Cockpit Hotel was saved from the auctioneer’s hammer last Friday when its owner, Mr Teo Day Swee. got a last-min ute court order to stop the453 words
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Article, Illustration424 1988-12-03 19 Week ended Nov 25. Compiled by Business Times Final results Gross Group net Year to Company dividend profit/loss (’000) C I Holdings -(10) M$l,4811(51,936) June 88 Chuan Hup —(4TE) $4.624($9,827) June 88 FAI Ins 80(60) A$171.100($l 13.426) June 88 Lum Chang 6a(10> $8.345($7,472) June424 words
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FORUM
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Article, Illustration1057 1988-12-03 20 On the banning of The Last Temptation I APOLOGISE to Mr S. Rajaratnam (ST. Nov 21) if the tone of my letter (ST, Nov 12) sounded like a reprimand when none was in fact intended. My sole purpose is to correct errant views of my1,057 words
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385 1988-12-03 20 I NOTED so many fallacies in Mr S. Rajaratnam's letter (ST. Nov 21) that I feel compelled as a Bible-be-lieving Christian to repond to it. (i) It seems to me all the so-called "eminent Christian theologians" quoted by him to support his385 words
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759 1988-12-03 20 On the teaching of core values AS one who has experienced the essence of bilingual education, I feel very strongly about some jwiints in the letters "Towards S’porean value system" by "The Baba Papa", and “Dr Tan’s remarks have759 words
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Page 20 Advertisements
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Advertisement96 1988-12-03 20 Dear Overseas Readers THE Straits Times welcomes letters from you. Your letters must include your signature, full name, address, and home and office telephone numbers, if any. They should preferably be typed, double-spaced, on one side of the paper. You may add a pseudonym if you wish. But we wouid96 words
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Page 21 Advertisements
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Advertisement936 1988-12-03 21 APPONTMENTS K AW€ quail Technology at its Best That’s because at NEC we strive for nothing but the BEST. Technology, equipment, environment and PEOPLE. We train, motivate and reward our employees for their worth. Send in your applications now and be recognised for your talent, contribution and worth SOFTWARE MANAGER936 words
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Page 22 Advertisements
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Advertisement1311 1988-12-03 22 NATIONAL UNIVERSITY OF SINGAPORE APPONTMENTS JOIN THE WORLD OF ADVANCED COMPUTING! JOIN CONTROL DATA CONTROL DATA CONTROL DATA INDO-ASIA PTE LTD A Control Data Corporation Subsidiary 200 Cantonment Road #O2-09, Southpoint Singapore 0208 Tel: *****00 Tlx: RS ***** Codata Fortune 500 Computer Company Control Data Corporation is a large U1,311 words
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TIMESPORT
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Article, Illustration364 1988-12-03 23 WONDKKIIORNE He’s l>awan, whose easy vfetories in weight-for-age sprint raees caused the Malaysian-Singaporc t*>taiisalor hoards to change their win pay-out rules to avoid heavy losses, duly obliged in the final leg ot the Rothmans International Triple364 words
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Article, Illustration213 1988-12-03 23 HE'S DAWAN will not run in the $125,000 Sultan's Gold Vase on Sunday. He will instead be targetted for the Hongkong Invitation Cup race in the British colony on Jan 29. Trainer Malcolm Thwaites and the connections of He’s Dawan arrived at the213 words
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64 1988-12-03 23 THE Malayan Racing Association will hear the appeal by jockey Edward Chan against his life disqualification on Tuesday. Chan was disqualified for life by the Selangor Turf Club racing stewards for his handling of raging favourite Nano Nano II in a race last August.64 words
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Article, Illustration302 1988-12-03 23 PETER KHOO - Singapore International Marathon By PETER KHOO KANDASAMY Jayamani, one of the best woman athletes to don national colours, is probably also the most disciplined ever. That is the opinion of her former coach and Singapore Amateur Athletic Association vice-president, Maurice Nicholas, who paid tribute to the302 words
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299 1988-12-03 23 SYDNEY Singapore, Thailand and Hongkong could be major arenas for a new kind of international professional snooker. The International Billiards and Snooker Federation, who govern non-pro-fessional snooker in 35 countries, are frustrated at the world professional body’s slowness to open the “closed299 words
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Article, Illustration532 1988-12-03 23 TAY CHENG KOQN - Singapore's national coach is to bo offered a two-year extension of his contract, which ends this month. He is awaiting details of the offer before deciding if he should carry on. Sacking of Kannan and Salim ‘not hysterical move' By TAY CHENG KOQN in the532 words
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462 1988-12-03 24 Govt to restore starting--pay cuts THERE is more good news for public-sector employees. Their starting pay cut during the recession in 1985 will be raised from next month. This means increases of $3O to $4OO for most public-sector jobs, and will benefit fresh recruits as well as those who started462 words
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326 1988-12-03 24 Peter Hazelhurst - Asian trade block unrealistic Dhana By Peter Hazelhurst, Tokyo Correspondent TOKYO National Development Minister S. Dhanahalan this week said that attempts to create an Asian economic bloc to counter the new trade pacts in North America and Western Europe are dangerous and unrealistic. Addressing the Aslan Forum a symposium which326 words
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Page 24 Advertisements
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Advertisement6 1988-12-03 24 Nikon Tho World' Finotl Ftiotogropfilc Srtlom6 words
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Page 24 Miscellaneous
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Miscellaneous33 1988-12-03 24 SUN TAN AhgThuThihg-i MTt THf W*l 1014 (OtJTKADKT tvtprrwn* I S#/,AS Ia I you Af?E AU/AVS A'4Hf S* gwav Bj Collette j WtllimitOHLl (Mi VJfK'irt STSPTHAT-. mrsn)A6EiNs AL*Ay5 oh THAT V*-// \h ISUI33 words
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