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February 7, 2008 |
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AAR CORP: S&P Puts BB Rating on US$175-Mln Convertible Sr. Notes Standard & Poor's Ratings Services has assigned its 'BB' rating to AAR Corp.'s proposed US$175 million of convertible senior unsecured notes to be issued in two equal tranches: US$87.5 million notes due 2014 and US$87.5 million notes due 2016. At the... Read More |
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ALLCO REIT: Total Return Amounts to SGD118 Mil. in 4th Qtr. 2007 Allco Commercial Real Estate Investment Trust reported SGD118.3 million total return in the fourth quarter ended December 31, 2007, as compared to SGD105.6 million total return in the same quarter of 2006... Read More |
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BERAU COAL: Fitch Affirms 'B+' Long-Term Issuer Default Ratings Fitch Ratings has affirmed PT Berau Coal's 'B+' Long-term foreign and local currency Issuer Default Ratings, and 'A(idn)' National Long-term rating. The Outlooks for all ratings remain Stable. At the same time, Fitch affirmed the 'B+' senior unsecured... Read More |
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EXPRESS CONSTRUCTION: Subject to CIR's Wind-Up Petition On September 26, 2007, the Commissioner of Inland Revenue filed a petition to have Express Construction Ltd.'s operations wound up... Read More |
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HYNIX SEMICON: To Invest in China Plant to Boost DRAM Output Hynix Semiconductor Inc. will invest KRW1.5 trillion to KRW2 trillion in its plant in China to boost DRAM production, Korean Times reports... Read More |
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KALTAK HOLDINGS: Court to Hear Wind-Up Petition on February 14 A petition to have Kaltak Holdings Ltd.'s operations wound up will be heard before the High Court of Auckland on Feb. 14, 2008, at 10:00 a.m... Read More |
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SAPPORO HOLDINGS: Likely to Reject Steel Partners TakeOver Bid Sapporo Holdings Ltd. is likely to turn down a takeover bid from Steel Partners Japan Strategic Fund (Offshore), L.P., Hiroko Nakata at The Japan Times reports... Read More |
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SLICE N DICE: Placed Under Voluntary Liquidation Slice n Dice Limited's shareholders agreed on January 18, 2008, to voluntarily liquidate the company's business. In line with this goal, the company has appointed Murray G. Allott to facilitate the sale of its assets... 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.
