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December 27, 2007 |
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CENTRO PROPERTIES: Unable to Secure AU$3.9 Billion Debt Funding Centro Properties Group, owner of 700 U.S shopping malls, is struggling to refinance debt because of the collapse in the subprime mortgage market, various reports say... Read More |
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EMPEROR MINES: Firms Express Interest in Tolukuma Mine Emperor Mines Limited reports that the divestment process for the Tolukuma Mine in Papua New Guinea is on course, with a number of parties having expressed an interest in acquiring the asset... Read More |
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GOODWILL GROUP: JCR Cuts Rating on Senior Debts to BB Japan Credit Rating Agency Ltd. has downgraded its rating on senior debts of The Goodwill Group, Inc. from BB+ to BB, placing it under Credit Monitor with Negative direction... Read More |
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PHOSPHAGENICS LIMITED: Six-month Net Loss Totals AU$3.47 Million Phosphagenics Limited reported a net loss of AU$3.47 million for the six months ended June 30, 2007, a slight increase from the AU$3.12-million net loss the company reported for the six months ended June 30, 2006... Read More |
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SANYO ELECTRIC: Admits Paying JPY28-Bil. Dividends Illegally Sanyo Electric Co., Ltd., acknowledged that it made illegal dividend payments worth about JPY28 billion in five six-month terms in the past amid a lack of resources, Jiji Press reports... Read More |
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SANYO ELECTRIC: Amends Non-Consolidated Results from FY2000-2005 Sanyo Electric Co., Ltd., has finished its internal investigation and review of company financial statements for previous fiscal years. Having reached a decision, Sanyo disclosed a written report on its investigation and intention to amend results... Read More |
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SPEIRS GROUP: Books NZ$305,000 Loss in Six Mos. Ended Sept. 30 Speirs Group Ltd reported a net loss of NZ$305,000 in the six months ended Sept. 30, 2007, on revenues of NZ$24,183,000, which earnings is a 1.68% increase from the same period in 2006... Read More |
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SPICEJET LTD: Will Book Operating Profit This Quarter, CEO Says SpiceJet Ltd will declare some operating profit this quarter with the carrier's improving yields and higher ticket prices, SpiceJet Managing Director & CEO Siddhanta Sharma told CNBC-TV18 in an interview... 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.
