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February 19, 2008 |
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BANK DANAMON: Plans to Raise IDR1.5-Trillion Bonds in H1 PT Bank Danamon Tbk plans to raise IDR1.5 trillion in bonds in the first half of this year to fund loan growth, Reuters reports, citing Bank Danamon President Director Sebastian Paredes... Read More |
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BELIMO ACTUATORS: Creditors' Proofs of Debt Due on March 15 Belimo Actuators Pte Ltd, which is in voluntary liquidation, requires its creditors to file their proofs of debt by March 15, 2008, to be included in the company's dividend distribution... Read More |
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DBS BANK: Moody's Affirms 'B' Bank Financial Strength Rating Moody's Investors Service says DBS Bank Ltd's ratings have not been affected by the announcement of additional provisions relating to its collateralized debt obligations and other investment exposures during 4Q2007, or by its recent acquisition of... Read More |
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FAR EASTERN: Seeks Bankruptcy Protection for Three Months Far Eastern Air Transport Corp. has sought bankruptcy protection for three months from the Taipei District Court to stop creditors from seizing the company's assets, various reports say... Read More |
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MALAYSIA AIRLINES: Faces Earning Challenges in '09, Kenanga Says Malaysian Airlines System Bhd's earnings for FY08 are relatively insulated due to various headwinds and other one-off provisions made in 2007, the EdgeDaily reports, citing Kenanga Investment Bank Research. However, the real challenge for the airlines... Read More |
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MANILA ELECTRIC: Permitted to Continue Operations in 11 Sites The Manila Electric Company informed the Philippine Stock Exchange that the Energy Regulator Commission granted the company provisional authority to continue operating its electric services in eight areas in Laguna... Read More |
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ONE GROUP: Court Enters Wind-Up Order On February 1, 2008, the High Court of Singapore entered an order to have One Group Asia Holdings Pte. Ltd.'s operations wound up... Read More |
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SICHUAN CHANG: Drops Bid for Wuxi Little Sichuan Changhong Electrical Co. withdrew its bid to buy a 24% stake in washing-machine maker Wuxi Little Swan Co. due to cost concerns, ShanghaiDaily reports... 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.
