May 9, 2008  
CENTRO PROPERTIES: Financing Arrangements Extended Until Dec. 15
Centro Properties Group yesterday reported that its Australian 
financiers and US private placement noteholders have agreed to a 
further extension of facilities until December 15, 2008.  ...
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CHINA SOUTHERN: Funds Cut Airline Stake to 144 Million Shares
China Southern Airlines Co. Limited's first-quarter shares held 
by funds were cut to 144 million from 400 million shares in the 
fourth quarter of 2007, Xinhua News reports, citing a TX 
Investment Consulting Co. report...
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GREENTOWN CHINA: Moody's Revises Ba3 Rating Outlook to Negative
Moody's Investors Service has changed to negative from stable 
its outlook for Greentown China Holdings Ltd's (Greentown) Ba3 
corporate family rating and senior unsecured bond rating....
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HYNIX SEMICON: Seeks to Regain "Lost" Market Share in Japan
Hynix Semiconductor Inc. is seeking to regain its lost market 
share in Japan, buoyed by a ruling by the World Trade 
Organization directing Japan to scrap duties on computer chips 
from Hynix, Kim Yoo-chul of The Korean Times reports...
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NEW DIAMOND: Court to Hear Wind-Up Proceedings on June 4
On April 2, 2008, Chu Wing Lun, filed a petition to have New Wah 
Fai Logistic Limited's operations wound up...
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TATA POWER: Acquires Stake in Exergen
Tata Power has picked up stake in Exergen, an Australian firm 
that developed a technology to reduce emissions from thermal 
power plan, reports Economic Times as cited by Iris News Digest...
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TIME ENGINEERING: Equity Less Than 50% of Paid-Up Share Capital
Time Engineering Berhad was considered as an affected listed 
issuer of the Practice Note No. 17/2005 of Bursa Malaysia 
Securities Berhad as the auditors have expressed a modified 
opinion on the company’s going concern status and on its 
shareholders’...
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ZINIFEX LTD: Dissolves Century Mining Alliance With Downer EDI
The management of Zinifex Century Mine and Downer EDI Mining 
disclosed last week that they had mutually agreed to dissolve 
the successful Century Mining Alliance.  To ensure a smooth 
transition, both Downer EDI Mining and Zinifex have agreed to 
stage...
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