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November 28, 2007 |
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GMAC AUSTRALIA: Moody's Places Ba2 Rating for Possible Downgrade Moody's Investors Service placed GMAC LLC's Ba2 senior unsecured rating on review for possible downgrade. The action was in response to GMAC's affirmation of support for Residential Capital, LLC (ResCap), as disclosed in ResCap's November 21, 2007... Read More |
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LAI FUNG HOLDINGS: To Sell Stake in Guangzhou Asset for HKD422MM Lai Fung Holdings Ltd said that its subsidiary, Lai Fung Co Ltd, has agreed to sell its wholly owned Perfect Mark Worldwide Ltd to Right Rich Investments Ltd for HKD422 million, Trading Markets relates... Read More |
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NOVA CORP: Osaka Court Approves Bankruptcy Proceedings Failed language-school Nova Corp. has received the Osaka District Court's approval of its request to start court- supervised bankruptcy proceedings, Kyodo News reports... Read More |
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SANYO ELECTRIC: To Book JPY100MM Loss for Year Ended March 2001 Sanyo Electric Co., Ltd., will book a much higher loss of more than JPY100 billion for the year ended March 31, 2001, after reviewing its past results, Kiyoshi Takenaka of Reuters reports, citing the Nikkei business daily... Read More |
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SYMBION HEALTH: ATO Rules Out Healthscope-Led CGT Arrangement Symbion Health Limited said that the Australian Tax Office has ruled that Symbion cannot benefit from scrip for scrip CGT roll- over relief in relation to the proposed diagnostics transaction with Healthscope Limited... Read More |
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SYMBION HEALTH: Moody's Continues Downward Review of Ba1 Rating Moody's Investors Service said that its Ba1 issuer rating for Symbion Health Limited remains on review for possible downgrade. This follows Symbion's announcement that the proposed schemes of arrangement involving Healthscope Limited and a private... Read More |
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TALAM CORPORATION: Submits Regularization Plan Proposals to SC In relation to the Securities Commission's rejection of Talam Corporation Berhad's Proposed Revised Regularization Plan, the company had submitted these proposals:... Read More |
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TOTAL ACCESS: Confident of Outcome of TOT's Access Charges Suit Total Access Communications PCL admitted that they have no funds reserved for access charges if it loses the case filed by TOT PCL, but said it was strong enough to afford the expenses, DTAC's president, Sigve Brekke, told the Bangkok Post... Read More |
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Today's Top Stories have been selected from the Troubled Company Reporter - Asia Pacific. To receive the Full TCR-AP please CLICK HERE.
