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February 26, 2008 |
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OCEANSIDE DWELLINGS: Faces Structex Metro's Wind-Up Petition On December 21, 2007, Structex Metro Limited filed a petition to have Oceanside Dwellings Ltd.'s operations wound up... Read More |
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ARVINMERITOR: DBRS Confirms 'BB(low)' Ratings on Unsec. Notes DBRS confirmed the ratings for the Senior Unsecured Notes and Convertible Senior Unsecured Notes of ArvinMeritor Inc. The trends have been changed from Stable to Negative, reflecting ARM's recent losses and extensive working capital usage, with limited... Read More |
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CHARLES SPURGEON: Commences Liquidation Proceedings Charles Spurgeon Proprietary Limited's sole member agreed on January 18, 2008, to voluntarily liquidate the company's business. In line with this goal, the company has appointed R. A. Ferguson to facilitate the sale of its assets... Read More |
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BANK PERMATA: 2007 Pre-Tax Profit Up 62% to IDR736.8 Billion PT Bank Permata Tbk's 2007 pre-tax profit increased 62% to IDR736.8 billion from IDR455.2 billion in 2006, Asia Pulse reports... Read More |
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PRC LLC: Wants to File Disclosure Statement by March 13 PRC LLC and its debtor-affiliates ask the U.S. Bankruptcy Court for the Southern District of New York to fix March 13, 2008, as the date by which they must file a disclosure statement with respect to their Joint Plan of Reorganization... Read More |
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BIG ONE: Creditors' Proofs of Debt Due on March 14 The creditors of Big One Company Limited are required to file their proofs of debt by March 14, 2008, to be included in the company's dividend distribution... Read More |
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FAR EASTERN: Fitch Cuts Invidivual Rating to C/D Fitch Ratings has downgraded Taiwan-based Far Eastern International Bank's Long-term Issuer Default Rating to 'BBB-' from 'BBB', Individual rating to 'C/D' from 'C' and National Long-term rating to 'A(twn)' from 'A+(twn)'. The Outlook on the ratings... Read More |
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FORSYTH PARTNERS: Court Enters Wind-Up Order On February 15, 2008, the High Court of Singapore entered an order to have Forsyth Partners (Singapore) Pte. Ltd.'s operations wound up... 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.
