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March 4, 2008 |
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ARK RESOURCES: Dec. 31 Balance Sheet Upside-Down by MYR8.85 Mil. ARK Resources Berhad's balance sheet as of December 31, 2007, went upside down by MYR8.85 million, on total assets of MYR19.28 million and total liabilities of MYR28.13 million... Read More |
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BLUES CONTRACTING: Commences Liquidation Proceedings Blues Contracting Ltd.'s shareholders agreed on Feb. 11, 2008, to voluntarily liquidate the company's business. In line with this goal, the company has appointed Scott Greer to facilitate the sale of its assets... Read More |
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CNLT (FAR EAST): Incurs MYR13.7MM Net Loss in Qtr. Ended Dec. 31 CNLT (Far East) Berhad incurred a MYR13.27-million net loss on MYR981,000 of revenues in the quarter ended December 31, 2007, as compared to MYR4.14-million net loss on MYR9.01-million of revenues in the same quarter of 2006... Read More |
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JAPAN AIRLINES: Moody's Changes Ba3 Rating Outlook to Positive Moody's Investors Service has changed to positive from stable the rating outlook for the Ba3 long-term debt rating and issuer rating on Japan Airlines International Co., Ltd. The outlook change reflects Moody's view that JALI is likely to improve its... Read More |
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JIANGXI COPPER: Seeks To Buy 4.2% Stake in Nanchang Bank Jiangxi Copper Co. will buy a 4.2% stake in Nanchang City Commercial Bank for CNY280 million in cash, China Daily reports... Read More |
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MITSUBISHI MOTORS: Expands Supply Agreement with Nissan Motor Mitsubishi Motors Corporation and Nissan Motor Co., Ltd. announced an agreement to expand their original equipment manufacturing (OEM) supply involving mini-cars... Read More |
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TUNTEX (THAILAND): Inks MOU To Sell Assets to Indorama Thailand Tuntex (Thailand) PCL has inked a memorandum of understanding for the sale of its Polyester Fibres and Filaments' businesses to Indorama Thailand, according to a report from moneycontrol.com... Read More |
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ZINIFEX: Enters Into AU$12-Bil. Merger Agreement with Oxiana Oxiana Ltd. and Zinifex Limited agreed to merge to establish AU$12 billion-mining company, making it the world's second- largest zinc producer and Australia's third-largest diversified miner, The Financial Times 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.
