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February 14, 2008 |
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BANK OF AYUDHYA: Plans To Sell THB20 Billion in Bonds Bank of Ayudhya intends to sell up to THB20 billion of medium- term debentures next month, Darana Chudasri at Bangkok Post reports... Read More |
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CHEFS FOODS: Commences Liquidation Proceedings Chefs Foods (NZ) Ltd.'s shareholders agreed on January 23, 2008, to voluntarily liquidate the company's business. In line with this goal, the company has appointed John Albert Price and Christopher Robert Ross Horton to facilitate the sale of its assets... Read More |
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CHINA BANKING: Acquires 90.79% of TMBC; Ends Tender Offer China Banking Corp's tender offer for The Manila Banking Corporation shares ended on Jan. 15, 2008, with it effecting payment to the tendering shareholders representing 295,697 common and three preferred (converted to 2.46 common) shares. Currently, China... Read More |
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CHINA EASTERN: Citigroup Rates Company at "Buy/High Risk" Citigroup has rated China Eastern Airlines Corporation Limited at "buy/high risk," on the strong possibility of a tie-up with Air China, XFN-ASIA News reports... Read More |
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NICCO UCO: Sets Feb. 29 Meetings to Consider Restructuring Plan Nicco Uco Alliance Credit Ltd will hold separate meeting of its equity shareholders and fixed-deposit holders on Feb. 29, 2008, to consider a scheme of arrangement, a filing with the Bombay Stock Exchange states... Read More |
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RESONA BANK: Fitch Affirms D Individual Rating Fitch Ratings has affirmed Resona Bank's Individual and Support ratings at 'D' and '2', respectively. The Individual rating reflects the bank's weak capital quality as well as the pressure to complete the repayment of public funds, limiting their growth... Read More |
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SEIYU LTD: Incurs US$195.5 Billion of Net Loss in 2007 Seiyu Ltd., the Japanese subsidiary of U.S. retail giant Wal- Mart Stores Inc., posted net loss for year ended Dec. 31, 2007, of JPY20.9 billion (US$195.5 million), twice its earlier forecast of JPY10.4 billion, various reports say... Read More |
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VTL GROUP: Sees NZ$135-Mil. Loss in 14 Mos. Ended Aug. 31 In a filing with the New Zealand Stock Exchange, VTL Group discloses it is expecting a net loss of about NZ$135 million in the 14 months ended Aug. 31, 2007... 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.
