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March 25, 2008 |
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BRIDGECORP LTD: Offers Settlement or Court Battle to Advisers According to Jenni McManus at Sunday Star Times, Bridgecorp Ltd.'s investors are set to offer the company's more than 30 financial advisers two options: settlement or a lawsuit... Read More |
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HYNIX: Partners with Fidelix Co. for Foundry Business Expansion Hynix Semiconductor Inc. partners with Fidelix Co. Ltd. in a bid to expand its foundry business and trim losses from weak chip prices, Thomson Financial reports... Read More |
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ICICI BANK: Jefferies Downgrades Firm from Buy to Underperform Equity trading firm Jefferies & Co. have downgraded ICICI Bank Ltd. from "Buy" to "Underperform," according to a March 20 post at StreetInsider.com. Price target dropped from US$87 to US$29, Jefferies pointed out... Read More |
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JAPAN AIRLINES: Sells Stake in Two Subsidiaries Japan Airlines International's board of directors has decided to sell its 100% shareholding in two of its hotel and travel services subsidiaries -- Asahikawa Resort Development Co., Ltd and Tomakomai Ryokka Kaihatsu Co., Ltd. -- whose main business activity... Read More |
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MOBILE-8: S&P Affirms 'B' Long-Term Corporate Credit Rating Standard & Poor's Ratings Services revised the outlook on Indonesia's wireless operator PT Mobile-8 Telecom Tbk. to negative from stable. At the same time, Standard & Poor's affirmed its 'B' long-term corporate credit rating on the company... Read More |
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PSIVIDA LTD: Amends Definitive Agreement with Alimera Inc. In a filing with the U.S. Securities and Exchange commission, pSivida, Inc., a wholly owned subsidiary of pSivida Limited, and Alimera Sciences, Inc. amended and restated their license and collaboration agreement relating to Medidur(TM) FA, the companies'... Read More |
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SINGAPORE CREATIVE: Selling Headquarters for SGD$250 Million Singapore's Creative Technology Ltd. agreed to sell and lease back its headquarters in the city-state for SGD$250 million, Reuters reports... Read More |
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TRIGEM COMPUTER: Seeks Court Approval of Toshiba Settlement Il-Hwan Park, foreign representative for TriGem Computer, Inc., asks the U.S. Bankruptcy Court for the Central District of California, Los Angeles Division, to approve a settlement agreement TriGem entered with Toshiba Corporation... 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.
