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February 28, 2008 |
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BANK RAKYAT: Fitch Upgrades Issuer Default Rating to BB from BB- Fitch ratings has taken rating actions on Indonesian banks. "Apart from the sovereign action, the upgrades in the banks' IDRs reflect their financial improvement in the past year, and our expectations that operating conditions in Indonesia should... Read More |
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DAEWOO ELECTRONIC: Establishes New Joint Venture Company Daewoo Electronic Components Co. Ltd. has established a joint venture company with a Korea-based company on February 18, 2008, Reuters Investing Keys reports... Read More |
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LG TELECOM: Plans to Move to Korea Exchange LG Telecom Ltd. plans to move to the Korea Exchange from its current listing in the Kosdaq market, Reuters reports... Read More |
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PHIL. LONG DISTANCE: Amends Disclosure on Cruztelco Acquisition The Philippine Long Distance Telephone Co. has disclosed that Smart Broadband Inc. has completed the acquisition of all of the assets of Cruz Telephone Company. Smart Broadband is a subsidiary of PLDT's wholly owned subsidiary Smart Communications... Read More |
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SANDRA AND NICK: Taps Whittfield & van Delden as Liquidators On February 9, 2008, John Trevor Whittfield and Boris van Delden were appointed liquidators of Sandra and Nick Ltd... Read More |
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SUNVIK STEELS: CRISIL Assigns BB Ratings on Bank Facilities CRISIL has assigned these ratings to Sunvik Steels Pvt Ltd.'s bank facilities:... Read More |
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WIN-DEY CONSTRUCTION: Faces Gas Pro's Wind-Up Petition On January 15, 2008, Gas Pro Plumbing Limited filed a petition to have Win-Dey Construction Ltd.'s operations wound up... Read More |
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YEW SENG: Pays First Dividend to Creditors Yew Seng (Lian) Pte. Ltd., which is in compulsory liquidation, paid its first dividend to its creditors on March 17, 2008... 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.
