December 28, 2007  
CHINA EASTERN: Domestic Carriers Anxious Over Singapore Air Deal
Winny Wang of Shanghai Daily reported that "[d]omestic carriers 
are anxiously awaiting China Eastern Airlines' shareholder 
meeting on January 8, as the result will indicate the future 
direction of the aviation industry."...
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CONNEXIONZ: Books NZ$356,025 Loss for Half-Year Ended Sept. 30
Connexionz Ltd has incurred a consolidated loss of NZ$356,025 in 
the six months ended Sept. 30, 2007, compared to a loss of 
NZ$317,531 in the corresponding period last year...
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GOODWILL GROUP: Founder to Step Down as CEO Amid Scandals
Goodwill Group Inc. founder Masahiro Origuchi will resign as 
chief executive officer of the company following a series of 
scandals involving the group, Bruce Porter reports for the Japan 
Corporate Network...
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JAPAN AIRLINES: Must Continue Implementing Reforms, Moody's Says
Moody's Investors Service said, in a new report, that the credit 
gap between Japan's two major airlines continues to grow as All 
Nippon Airways Co., Ltd. has this year significantly improved 
its credit capital structure through the sale of its hotel...
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PERUSAHAAN LISTRIK: Pefindo Upgrades Corporate Rating
Pefindo upgraded corporate rating of PT (Persero) Perusahaan 
Listrik Negara (PLNG or the Company), the Company's Bond 
VIII/2006 of IDR2.2 trillion and the Company's Ijarah Bond 
I/2006 of IDR200 billion to "idA+" and "idA+sy" from "idA" and 
"idAsy"....
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PHILCOMSAT HOLDINGS: Court Bars Takeover by Private Shareholders
The Sandiganbayan has ordered the group of private shareholders 
in the Philcomsat group of companies from taking over control of 
the Philcomsat Holdings Corp. from the Locsin-Poblador group of 
directors appointed by the Presidential Commission of Good...
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SHINKI CO: Solid Financial State Cues JCR to Up Rating to BBB-
Japan Credit Rating Agency, Ltd. has removed ratings on Shinki 
Co., Ltd from Credit Monitor and has upgraded them to BBB- with 
Negative outlook, preliminary BBB-, BBB- and J-2 ratings for 
senior debts, shelf registration, bonds and CP program with...
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TATA POWER: To Raise INR4,000 Crore for Shipping & Logistics Biz
Tata Power Company Ltd plans to go into shipping and logistics, 
and raise as much as INR4,000 crore, various reports say...
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Featured Companies and Professionals

ARK Resources Bhd
Actuant Corp
All Nippon Airways Co Ltd
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PT Indosat Tbk
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Paladin Limited
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 THE TROUBLED COMPANY REPORTER - ASIA PACIFIC
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