January 30, 2008  
* Investors of Collapsed Finance Firms Unite to Hold Road Show
Investors of finance firms that went into trouble have joined 
together to hold a series of meetings throughout New Zealand, 
the New Zealand Press Association reports...
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ARPENI PRATAMA: Fitch Affirms 'BB-' Long-term Currency IDRs
Fitch Ratings affirmed the 'BB-' Long-term foreign and local 
currency Issuer Default Ratings, and the 'A+(idn)' National 
Long-term rating of PT Arpeni Pratama Ocean Line Tbk.  The 
Outlook on the ratings has been revised to Negative from Stable. 
At...
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MALAYSIAN AIRLINE: Los Angeles Office Served with Complaint
Malaysian Airline System Berhad's Los Angeles office has been 
served with a complaint filed with the United States District 
Court for the Central District of California (Los Angeles) on 
behalf of Stephen Gaffigan against the company and 11 other 
airlines...
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PROPERTYFINANCE: Lender Cannot Give Aid; Seeks Other Options
Propertyfinance Group Limited disclosed that the lender of the 
bridging facility, from which the Group will draw down 
NZ$710,000 to inject into subsidiary Propertyfinance Securities 
Limited, cannot advance financial assistance...
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SANYO ELECTRIC: To Dissolve TV Joint Venture with Quanta
Sanyo Electric Co Ltd plans to dissolve its television 
development joint venture with Quanta Computer Inc, Reuters 
reports, citing the Nikkei business daily...
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SAPPORO: Steel Partners Urges Company to Reconsider Takeover
Steel Partners Japan Strategic Fund (Offshore), L.P. sent to 
Sapporo Holdings Ltd. (TOKYO:2501) a letter stating 
disappointment over the Board of Director's continued refusal to 
engage in meaningful negotiations related to Steel Partners' 
interest...
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SENBA KITCHO: Reopens Main Outlet After Suspension
Senba Kitcho K.K. reopened its main restaurant in Chuo Ward, 
Osaka, for the first time since the food chain suspended 
operations in November due to a product-mislabeling scandal, The 
Yomiuri Shimbun reports...
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TATA POWER: Net Profit Down 30% in Qtr. Ended Dec. 31
Tata Power Company Ltd has posted a net profit after tax and 
statutory appropriations of INR1.97 billion for the quarter 
ended December 31, 2007, down 30% compared to the INR2.8 million 
earned in the same quarter in 2006....
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Featured Companies and Professionals

AAR Corp
Accomodate Steel Building Systems Ltd
Air New Zealand Ltd
ArvinMeritor Inc
Avis Budget Group Inc
BGP Global Pty Ltd
BHK Inc.
Barbarossa Ltd.
Bausch & Lomb Inc
Birchmill Pty Ltd
Blockbuster Inc
Blue Ocean Holdings Ltd
Blues Contracting Ltd
Brand DNA Advertising Agency Ltd
Central Unity International Ltd
Chemtura Corp fka Crompton Corp
Chrysler LLC
Daewoo Electronic Components Co., Ltd.
Deugro Australia Pty ltd
Drews Recycling Pty Ltd
Fox & Fox Ltd.
Global Broadcast News Ltd
Hasbro Inc
Henry Property Services Ltd.
Hexion Specialty Chemicals Inc
Holy Most Ltd
Hynix Semiconductor Inc
Jabil Circuit Inc
Japan Airlines International Co Ltd [formerly Japan Airlines Co Ltd]
Jaralaw Nominees Pty Ltd
Jiangxi Copper Co Ltd
KLR Property Development Pty Ltd
Kilsyth Bargain Centre Pty. Ltd.
Lok Housing & Constructions Ltd
MBF Discount Card International
MEGA Brands Inc
Malaysian Airline System Bhd
Marine Merchants Ltd.
Mazda Motor Corp
Mcquinn Brothers Pty Ltd
Metropolitan Bank & Trust Co
NOVA Corp.
Nylex Ltd
PDVSA aka Petroleos de Venezuela SA
PT Arpeni Pratama Ocean Line Tbk
PT Dirgantara Indonesia
Peabody Energy Corp
Perusahaan Listrik Negara PT
Philippine Long Distance & Telephone Co aka PLDT
Photo Enterprises Ltd.
Porto's NP Ltd.
Prd Electronics Ltd
PropertyFinance Group Ltd
Proxmia Alpha Ltd
Putera Capital Bhd
Ryan Farm Machinery Pty Ltd
Sanyo Electric Co Ltd
Sapporo Holdings Ltd
Senba Kitcho K.K.
Softbank Corp
Southern Iron & Steel Company Ltd
Suna Ltd
Sunway Infrastructure
Symbion Health Ltd
Tallison (Hong Kong) Ltd
Tata Power Co Ltd
Telekomunikasi Indonesia Tbk PT
Tony Yang Hong Kong Ltd
Towerflex Pty Ltd
Woodlands Commercial Furniture Pty Ltd
Xerium Technologies Inc

Professionals
Inland Revenue Department
Kirkland & Ellis

 THE TROUBLED COMPANY REPORTER - ASIA PACIFIC
 Today's Top Stories have been selected from the Troubled Company Reporter -  Asia Pacific. To receive the Full TCR-AP please CLICK HERE.