December 11, 2007  
* Moody's Says Strong Demand Supports Ratings for Asian Shipping
Moody's Investors Service says that continued strong demand is 
helping support a stable outlook for shipping companies in Asia 
Pacific (excluding Japan), although the sector faces challenges 
in the form of volatile freight rates, rapid expansion and...
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AGRICULTURAL BANK: May Write Off NPLs with Own Capital or Profit
The Agricultural Bank of China will get rid of its non-
performing loans in the same manner as other major state-owned 
banks did, AFX News Limited reports, citing the Shanghai 
Securities News...
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CILIANDRA PERKASA: Moody's Changes Ratings Outlook to Positive
Moody's Investors Service has changed to positive from stable 
the outlook for PT Ciliandra Perkasa's B2 corporate family 
rating and secured rating on its US$160 million notes...
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GLASS EARTH: Incurs CND$136,000 Net Loss in Qtr. Ended Sept. 30
Glass Earth Ltd booked a net loss of CND$136,000 on revenues of 
CND$59,000 in the three months ended Sept. 30, 2007, the 
company's consolidated interim financial statements showed.  The 
company incurred operating expenses for the quarter totaling...
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KOJIMA CO: Violates Recycling Law for the Second Time
Kojima Co. has been ordered by The Environment Ministry and the 
Ministry of Economy, Trade and Industry to improve on its 
recycling law compliance for the second time, reports Kyodo 
News...
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SYMBION HEALTH: Sees 10% EBIT Growth by the End of FY2007
Symbion Health Ltd. expects at least 10% earnings growth by the 
end of the current year, in line with market forecasts, on a 
strong performance in pharmacies and growth in pathology, Sonali 
Paul writes for Reuters...
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TANCO HOLDINGS: Incurs MYR12MM Net Loss in Qtr. Ended Sept. 30
Tanco Holdings Berhad has incurred a net loss of 
MYR12.04 million for the quarter ended September 30, 2007, 
compared with the MYR10.55-million net loss recorded for the 
same period in 2006...
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WEMBLEY: Balance Sheet Upside-Down by MYR922 Mil. at Sept. 30
Wembley Industries Holdings Bhd's balance sheet went upside down
to MYR922.97 million after posting total assets of 
MYR415.96 million and total liabilities of MYR1.34 billion as of 
September 30, 2007...
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Featured Companies and Professionals

ARK Resources Bhd
Agile Property Holdings Ltd
Agricultural Bank of China
Arrow Electronics Inc
BearingPoint Inc
Chemeq Ltd
Ciliandra Perkasa
Dana Corp
Deccan Aviation Ltd
Electronic Data Systems Corp
Eugene Science, Inc.
Fedders Corp
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GERDAU SA
General Motors Corp
Glass Earth Ltd
Goodyear Tire & Rubber Co, The
Hanarotelecom Inc
Hexcel Corp
ICICI Bank Ltd
Kojima Co Ltd
LG Telecom Ltd
Lityan Holdings
Novell Inc
PDVSA aka Petroleos de Venezuela SA
PT Central Proteinaprima Tbk
PT Garuda Indonesia
Pan Malaysian Industries Bhd
Philippine Long Distance & Telephone Co aka PLDT
Remy Worldwide Holdings Inc
Seiyu Ltd
Shaw Group Inc, The
Softbank Corp
Solutia Inc
Symbion Health Ltd
TPI Polene PCL
TRIPLC Bhd
Talam Corporation Bhd
Tanco Holdings Bhd
Tata Motors Ltd
Tenggara Oil Bhd (fka Kwong Onn Industries Bhd, Tenggara Capital Bhd)
VeriFone Holdings Inc
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Professionals
Akin Gump Strauss Hauer & Feld
AlixPartners
Ernst & Young
Hall Chadwick
Heather Lennox
Houlihan Lokey Howard & Zukin
Jones Day
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KordaMentha
Miller Buckfire & Co.

 THE TROUBLED COMPANY REPORTER - ASIA PACIFIC
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