---

        T R O U B L E D   C O M P A N Y   R E P O R T E R

                     A S I A   P A C I F I C

             Tuesday, November 9, 2004, Vol. 7, No. 222

                            Headlines
A U S T R A L I A

BBAH PTY: To Face Voluntary Winding Up
BBAS LIMITED: Members Resolve to Wind Up Voluntarily
BBL NOMINEES: Names Geoffrey Ralph James as Liquidator
ELETON PTY: Court Appoints Christopher Palmer as Liquidator
FLEXIPLAN AUSTRALIA: Passes Resolution to Voluntarily Wind Up

HERITAGE MANAGEMENT: To Wind Up Voluntarily
ING CORPORATE: Enters Winding Up Proceedings
ING INDEX: Voluntarily Winds Up
MESSENIA PTY: To Face Winding Up Process
NATIONAL AUSTRALIA: Three Contenders Eye Irish Banks

NATIONAL AUSTRALIA: Says Annual Results Will "Reveal All"
PLUMFS LIMITED: To Wind Up Voluntarily
POTTED GARDEN: Sets November 15 as Date of Final Meeting
RHB PTY: Court Appoints Geoffrey Trent Hancock as Liquidator
SENACON LIMITED: Final Meeting Slated for November 19

SUMMERLAND TILERS: To Hold Final Meeting November 12
WORLD LIGHTING: Court Names Liquidator


C H I N A  &  H O N G  K O N G

CHINA CONSTRUCTION: Gains CNY80 Million from Trust Fee
CHINA GAS: Posts Notice of General Meeting
FAR EAST: Appoints Deloitte Touche Liquidators
FAVOUR MOUNT: Receives Winding Up Notice
MASTON HOLDINGS: Winding Up Order Made

TOP PREMIER: Creditors Given Until November 22 to Prove Debts
V-KING OFFSET: Winding Up Hearing Slated for December 15
YING ZHUO: Court to Hear Winding Up Petition on December 8


I N D O N E S I A

ASTRA INTERNATIONAL: Snags US$236-Mln Foreign Loans
BANK PERMATA: 20% Stake Sale to Kick Off Next Month
MENARA HUTAN: Foreign Consortium Keen to Regain License
PERTAMINA: State Allots Funds to Secure Domestic Fuel Stock


J A P A N

DAIEI INCORPORATED: Ito-Yokado, Aeon Mull Rehab Aid
JAPAN AIRLINES: Swings To Black with JPY82.9-Bln Profit
KOKUDO CORPORATION: Decides to Sell Seibu Lions Ball Club
KOKUDO CORPORATION: Chief To Quit Over Seibu Railway Scam
MITSUBISHI MOTORS: Unveils FY 2004 First-half Financial Results

SOJITZ HOLDINGS: Revises Interim Earnings Forecast
TOSHIBA CORPORATION: Develops High-tech Switch Device


K O R E A

DAEWOO HEAVY: Union Workers Forge Alliance with Federation
SK CORPORATION: Sovereign to File Court Petition Against Board


M A L A Y S I A

AIC CORPORATION: Unveils FY04 Unaudited Quarterly Report
ANCOM BERHAD: Releases Final Dividend Notice
C.I. HOLDINGS: AGM Meeting Set November 30
CONSOLIDATED FARMS: Posts Default Status Update
CONSOLIDATED FARMS: Bursa Malaysia Issues Public Reprimand

FABER GROUP: Out of PN4 Condition
KSU HOLDINGS: Decision for Injunction Application Set Today
KSU HOLDINGS: Financial Condition Unchanged
MALAYSIAN INDUSTRIAL: Unit Appoints Liquidator
MBF HOLDINGS: Issues Litigation Update

MECHMAR CORPORATION: Status of Repayment Schedules Unchanged
MERCES HOLDINGS: Adjourns Winding Up Hearing to January 26
METROPLEX BERHAD: Unit Receives Winding Up Petition
MYCOM BERHAD: To Hold AGM on November 30


P H I L I P P I N E S

COLLEGE ASSURANCE: SEC OKs Sale of MRT Bonds
MANILA ELECTRIC: Aims To Restructure Units This Year
MANILA ELECTRIC: Higher Power Rates Won't Lift Profit
NATIONAL POWER: Issues Invitation to Bid
NATIONAL POWER: Sets Bid For Php780-Mln Fuel Requirement
PHILIPPINE LONG: To Pay Preferred Shares Dividend


S I N G A P O R E

CIC ASSET: Unveils Resolutions Passed at EGM
CIC ASSET: Creditors To Submit Claims by December 5
HONG LEONG: Notes Change in Shareholder's Interest
INFORMATICS HOLDINGS: Change In Shareholder's Interest Issued
PANPAC MEDIA: Posts Change in Holdings

PANPAC MEDIA: Sun Media's Interest Changes
PANPAC MEDIA: Reveals Change in Shareholder's Interest
REGENCY LEISURE: Enters Bankruptcy Proceedings
TREND RESTAURANT: Winding Up Hearing Slated for November 12
WELDTECH MARINE: Sets Winding Up Hearing November 12


T H A I L A N D

ADVANCE PAINT: Appoints Audit Committee Chairman, Member
JASMINE INTERNATIONAL: Posts Additional Shares Offering Info
KRUNG THAI: Court Accepts Former Head's Second Lawsuit
* BOND PRICING: For the Week 08 November to 12 November 2004

     -  -  -  -  -  -  -  -

=================
A U S T R A L I A
=================


BBAH PTY: To Face Voluntary Winding Up
--------------------------------------
At an Extraordinary General Meeting of BBAH Pty Limited A.C.N.
002 550 745 (In Members' Voluntary Liquidation) held on 30
September 2004, the Company's members resolved to wind up the
Company voluntarily and to appoint Geoffrey Ralph James of BDO,
Level 19, 2 Market Street, Sydney NSW 2000 as Liquidator of the
Company.

Dated this 12th day of October 2004

Geoffrey Ralph James
Liquidator
BDO
Level 19, 2 Market Street,
Sydney NSW 2000
Telephone: (02) 9248 5194


BBAS LIMITED: Members Resolve to Wind Up Voluntarily
----------------------------------------------------
At an Extraordinary General Meeting of BBAS Limited A.C.N. 002
668 564 (In Members' Voluntary Liquidation) held on 30 September
2004, the Company's members resolved to wind up the Company
voluntarily and to appoint Geoffrey Ralph James of BDO, Level
19, 2 Market Street, Sydney NSW 2000 as Liquidator of the
Company.

Dated this 12th day of October 2004

Geoffrey Ralph James
Liquidator
BDO
Level 19, 2 Market Street,
Sydney NSW 2000
Telephone: (02) 9248 5194


BBL NOMINEES: Names Geoffrey Ralph James as Liquidator
------------------------------------------------------
At an Extraordinary General Meeting of BBL Nominees Limited
A.C.N. 006 370 672 (In Members' Voluntary Liquidation) held on
30 September 2004, the Company's members resolved to wind up the
Company voluntarily and to appoint Geoffrey Ralph James of BDO,
Level 19, 2 Market Street, Sydney NSW 2000 as Liquidator of the
Company.

Dated this 12th day of October 2004

Geoffrey Ralph James
Liquidator
BDO
Level 19, 2 Market Street,
Sydney NSW 2000
Telephone: (02) 9248 5194


ELETON PTY: Court Appoints Christopher Palmer as Liquidator
-----------------------------------------------------------
On the 30th day of September 2004, the Supreme Court of New
South Wales, Equity Division, made Orders that Christopher J.
Palmer be appointed Official Liquidator of Eleton Pty Limited
(In Liquidation) A.C.N. 062 823 152.

Dated this 12th day of October 2004

Christopher J. Palmer
Official Liquidator
O'Brien Palmer
Level 4, 23-25 Hunter Street,
Sydney NSW 2000


FLEXIPLAN AUSTRALIA: Passes Resolution to Voluntarily Wind Up
-------------------------------------------------------------
At general meetings of Flexiplan Australia Limited A.C.N. 056
678 427held concurrently at 105-153 Miller Street, North Sydney,
2060 on 28 September 2004, special resolutions that the Company
be wound up voluntarily were passed.

Timothy James Cuming
Allan John Watson
Liquidator
Level 8, 201 Sussex Street,
Sydney NSW 1171


HERITAGE MANAGEMENT: To Wind Up Voluntarily
-------------------------------------------
At general meetings of the members of Heritage Management
Limited A.C.N. 057 647 533 held concurrently at 105-153 Miller
Street, North Sydney, 2060 on 28 September 2004, special
resolutions that the Company be wound up voluntarily were
passed.

Timothy James Cuming
Allan John Watson
Liquidator
Level 8, 201 Sussex Street,
Sydney NSW 1171


ING CORPORATE: Enters Winding Up Proceedings
--------------------------------------------
At an Extraordinary General Meeting of ING Corporate Advisory
(Australia) Pty Limited A.C.N. 008 580 569 (In Members'
Voluntary Liquidation) held on 30 September 2004, the Company's
members resolved to wind up the Company voluntarily and to
appoint Geoffrey Ralph James of BDO, Level 19, 2 Market Street,
Sydney NSW 2000 as Liquidator of the Company.

Dated this 12th day of October 2004

Geoffrey Ralph James
Liquidator
BDO
Level 19, 2 Market Street,
Sydney NSW 2000
Telephone: (02) 9248 5194


ING INDEX: Voluntarily Winds Up
-------------------------------
At an Extraordinary General Meeting of ING Index Funds
Management Limited A.C.N. 006 370 654 (In Members' Voluntary
Liquidation) held on 30 September 2004, the Company's members
resolved to wind up the Company voluntarily and to appoint
Geoffrey Ralph James of BDO, Level 19, 2 Market Street, Sydney
NSW 2000 as Liquidator of the Company.

Dated this 12th day of October 2004

Geoffrey Ralph James
Liquidator
BDO
Level 19, 2 Market Street,
Sydney NSW 2000
Telephone: (02) 9248 5194


MESSENIA PTY: To Face Winding Up Process
----------------------------------------
At general meetings of the members of Messenia Pty Limited
A.C.N. 050 539 921 held concurrently at 105-153 Miller Street,
North Sydney, 2060 on 28 September 2004, special resolutions
that the Company be wound up voluntarily were passed.

Timothy James Cuming
Allan John Watson
Liquidator
Level 8, 201 Sussex Street,
Sydney NSW 1171


NATIONAL AUSTRALIA: Three Contenders Eye Irish Banks
----------------------------------------------------
Three banks have expressed interest to bid for National
Australia Bank's (NAB) two Irish operations, reports the Sydney
Morning Herald.

HBOS, Lloyds TSB and Rabobank have already submitted indicative
bids for the Irish banks. Each of the contenders is believed to
have told NAB it will present a serious offer for the Northern
Ireland and Republic banks only if chosen as the exclusive
bidder.

According to sources, the potential buyers have yet to review
thoroughly the banks' books and the technology platforms used to
share information between NAB's four European banks.

HBOS, a merger of the former Halifax and Bank of Scotland, is
tipped to be the most preferred bidder.

CONTACT:

National Australia Bank Ltd.
Level 24, 500 Bourke Street,
Melbourne, Victoria, Australia, 3000
Head Office Telephone: (03) 8641-4160
Head Office Fax: (03) 8641-4927
Web site: http://www.national.com.au/


NATIONAL AUSTRALIA: Says Annual Results Will "Reveal All"
---------------------------------------------------------
National Australia Bank will reveal all to investors through its
annual results set to be released this week, according to The
Age.

NAB is expected to report its financial statement on Wednesday,
and investors are looking for an update on whether it has begun
talks with one of the three flagged bidders for the Irish Banks.
They will also be seeking information on whether the damage from
the bank's forex scandal has been resolved and when Chief
Executive John Stewart expects NAB to bounce back to black.

Analysts forecast NAB to book a full-year profit of AU$3.4
billion, down 15 percent from the same period last year.

Last week, NAB revised up the total value of its bad loans
because of an exposure to failed business Airport Link. The
revision slashes AU$38 million off the bank's pretax earnings.

NAB reportedly received offers from HBOS, Lloyds TSB and
Rabobank for its Irish Banks and could reveal a final bidder
this week.


PLUMFS LIMITED: To Wind Up Voluntarily
--------------------------------------
At general meetings of the members of Plumfs Limited A.C.N. 082
991 795 held concurrently at 105-153 Miller Street, North
Sydney, 2060 on 28 September 2004, special resolutions that the
Company be wound up voluntarily were passed.

Timothy James Cuming
Allan John Watson
Liquidator
Level 8, 201 Sussex Street,
Sydney NSW 1171


POTTED GARDEN: Sets November 15 as Date of Final Meeting
--------------------------------------------------------
Notice is hereby given that, pursuant to Section 509(2) of the
Corporations Law, a final meeting of the members of The Potted
Garden Pty. Limited (In Liquidation) A.C.N. 001 259 383 will be
held at the office of Harrington McNamara and Justin Peter
Corcoran (Liquidator) at Level 7, 11 Help Street Chatswood NSW
on 15th November 2004 at 10:00 a.m. for the purposes of
receiving the liquidators final account and report and giving
any explanation thereof.

Dated this 1st day of October 2004

Justin Peter Corcoran
Liquidator
c/- Harrington McNamara
Chartered Accountants
Level 7, 11 Help Street,
Chatswood NSW 2067


RHB PTY: Court Appoints Geoffrey Trent Hancock as Liquidator
------------------------------------------------------------
On 17 September 2004 the Supreme Court of New South Wales in
Proceeding Numbers 4588 and 4587 of 2004, ordered the winding up
of RHB Pty Limited and Geoffrey Trent Hancock was appointed
liquidator of the Company.

Dated this 1st day of October 2004

Geoffrey Trent Hancock
Liquidator
Horwath Sydney Partnership
10th Floor, 1 Market Street,
Sydney NSW 2000
Telephone: (02) 9372 0777,
Facsimile: (02) 9372 0606


SENACON LIMITED: Final Meeting Slated for November 19
-----------------------------------------------------
Notice is hereby given that the final meeting of the creditors
and members of Senacon Limited (In Liquidation) A.C.N. 091 221
644 will be held at the offices of Jones Condon Chartered
Accountants, Level 1, 34 Charles Street, Parramatta NSW, on 19
November 2004 at 11:00 a.m., for the purpose of laying before
the meeting an account showing how the winding up has been
conducted and the property of the Company has been disposed and
giving any explanation thereof.

Dated this 30th day of September 2004

Schon G. Condon Rfd
Liquidator
c/- Jones Condon
Chartered Accountants
Telephone: (02) 9893 9499


SUMMERLAND TILERS: To Hold Final Meeting November 12
----------------------------------------------------
Notice is hereby given pursuant to Section 509 of the
Corporations Act 2001, that the final meeting of the Members of
Summerland Tilers Pty Ltd (In Liquidation) A.C.N. 000 919 157
will be held at 109 Jessie Street Armidale New South Wales on 12
November 2004 for the purpose of having an account laid before
them showing the manner in which the winding up has been
conducted and the property of the Company disposed of, and of
hearing any explanation that may be given by the liquidator.

Dated this 12th day of October 2004

A.J. RANCK
Liquidator
c/- Cameron Kirk Rose
Chartered Accountants
109 Jessie Street,
Armidale NSW 2350


WORLD LIGHTING: Court Names Liquidator
--------------------------------------
On the 30th day of September 2004, the Supreme Court of New
South Wales, Equity Division, made Orders that Christopher J.
Palmer be appointed Official Liquidator of World Lighting Pty
Limited (In Liquidation) Trading As World Design Fashions A.C.N.
095 888 538.

Dated this 12th day of October 2004

Christopher J. Palmer
Official Liquidator
O'Brien Palmer
Level 4, 23-25 Hunter Street,
Sydney NSW 2000


==============================
C H I N A  &  H O N G  K O N G
==============================


CHINA CONSTRUCTION: Gains CNY80 Million from Trust Fee
------------------------------------------------------
China Construction Bank's (CCB) revenue from trust fees soared
61 percent over the same period last year to about CNY80
million, says Beijing Modern Business Daily.

CCB, one of China's top banks, trusted 23 funds by the end of
September with the total net assets value at CNY54.168 billion,
up 7 percent year on year.

The bank's statistics revealed revenue from trust charges has
contributed significantly to the bank's profit.

CCB executives disclosed the bank enhanced its supervision on
funds investment as well as trusted more funds.

China Securities Regulatory Commission has required CCB to make
a thorough examination over the trusted fund's participation in
stock subscription, established surveillance feedback system in
operation, and reinforced monitoring in investment operation and
internal-control management.

CONTACT:

China Construction Bank
25 Finance St.
Beijing, 100032, China
Phone: +86-10-6759-7114
Fax: +86-10-6360-3194
http://www.ccb.com.cn


CHINA GAS: Posts Notice of General Meeting
------------------------------------------
China Gas Holdings has placed an announcement at the Hong Kong
Stock Exchange pertaining to its special general meeting.

The meeting to be held on November 22, 2004 will tackle passing
ordinary resolutions.

To view the whole article click on:
http://bankrupt.com/misc/tcrap_chinagasholdings110804.pdf


FAR EAST: Appoints Deloitte Touche Liquidators
----------------------------------------------
Far East Pharmaceutical Technology Company Limited, with
registered office at P.O. Box 2681gt Century Yard Cricket Square
Hutchins Drive George Town Grand Cayman British West Indies
Cayman Islands, appointed Joint & Several Provisional
Liquidators' namely Messrs Lai Kar Yan Derek and Darach E.
Haughey both of Deloitte Touche Tohmatsu.

Provisional Liquidators' Address: 26/F, Wing On Centre, 111
Connaught Road, Central, Hong Kong

Date of Appointment: 22 September 2004

E T O'CONNELL
Official Receiver

This The Standard Notice is dated November 5, 2004.


FAVOUR MOUNT: Receives Winding Up Notice
----------------------------------------
Favour Mount Limited with registered office at Flat 3a, 1st
Floor, Wah Shing Centre, 11 Shing Yip St, Kwun Tong, Kln was
issued a winding up notice.

Date of Order: 27 October 2004

Date of Presentation of Petition: 10 September 2004

E T O'CONNELL
Official Receiver

This The Standard notice was issued on November 5, 2004.


MASTON HOLDINGS: Winding Up Order Made
--------------------------------------
Maston Holdings Limited with registered office at Flat J, K And
L, 1/F, Sunshine Plaza, 17 Sung On Street, Hung Hom, Kln was
issued a winding up notice.

Date of Order: 27 October 2004

Date of Presentation of Petition: 17 September 2004

E T O'CONNELL
Official Receiver

This The Standard notice was issued on November 5, 2004.


TOP PREMIER: Creditors Given Until November 22 to Prove Debts
-------------------------------------------------------------
Take notice that the undersigned Cosimo Borrelli and Kelvin
Edward Flynn, both of 7th Floor, Allied Kajima Building, 138
Gloucester Road, Wanchai, Hong Kong, Joint and Several
Liquidators of Top Premier Development Limited have fixed 22
November 2004 as the final date on or before which the creditors
of the Company are to prove their debts or claims, and to
establish any title they may have to priority.

Proofs of debt should therefore be delivered to the Liquidators,
at the address aforementioned, before the said date, in default
of which creditors will be excluded from the benefit of any
distribution made before such debts are proved or such priority
is established or, as the case may be, from objecting to such
distribution.

Dated this 5th day of November 2004

Cosimo Borrelli
Kelvin Edward Flynn
Joint and Several Liquidators
Top Premier Development Limited


V-KING OFFSET: Winding Up Hearing Slated for December 15
--------------------------------------------------------
Notice is hereby given that a Petition for the Winding up of V-
King Offset Printing Company Limited by the High Court of Hong
Kong Special Administrative Region was on the 20th day of
October 2004 presented to the said Court by Bank of China (Hong
Kong) Limited whose registered office is situated at 14th Floor,
Bank of China Tower, 1 Garden Road, Hong Kong.

The said Petition will be heard before the Court at 9:30 am on
the 15th day of December 2004.

Any creditor or contributory of the said Company desirous to
support or oppose the making of an order on the said petition
may appear at the time of hearing by himself or his counsel for
that purpose. A copy of the petition will be furnished to any
creditor or contributory of the said Company requiring the same
by the undersigned on payment of the regulated charge for the
same.

Messrs. T. H. Koo & Associates
Solicitors for the Petitioner
Room A2, 15th Floor, United Centre
No. 95 Queensway
Hong Kong

Note: Any person who intends to appear at the hearing of the
said petition must serve on or send by post to the above named,
notice in writing of his intention to do so.  The Notice must
state the name and address of the person, or if a firm or his or
their Solicitor (if any) and must be served or if posted, must
be sent by post in sufficient time to reach the above named not
later than six o'clock in the afternoon of the 14th day of
December 2004.


YING ZHUO: Court to Hear Winding Up Petition on December 8
----------------------------------------------------------
Notice is hereby given that a Petition for the Winding up of
Ying Zhuo Trading Company Limited by the High Court of Hong Kong
Special Administrative Region was on the 19th day of October
2004 presented to the said Court by Bank of China (Hong Kong)
Limited whose registered office is situated at 14th Floor, Bank
of China Tower, 1 Garden Road, Hong Kong.

The said Petition will be heard before the Court at 9:30 am on
the 8th day of December 2004.

Any creditor or contributory of the said Company desirous to
support or oppose the making of an order on the said petition
may appear at the time of hearing by himself or his counsel for
that purpose. A copy of the petition will be furnished to any
creditor or contributory of the said Company requiring the same
by the undersigned on payment of the regulated charge for the
same.

Gallant Y. T. Ho & Co
Solicitors for the Petitioner
5th Floor, Jardine House
No. 1 Connaught Place
Central, Hong Kong

Note: Any person who intends to appear at the hearing of the
said petition must serve on or send by post to the above named,
notice in writing of his intention to do so.  The Notice must
state the name and address of the person, or if a firm or his or
their Solicitor (if any) and must be served or if posted, must
be sent by post in sufficient time to reach the above named not
later than six o'clock in the afternoon of the 7th day of
December 2004.


=================
I N D O N E S I A
=================


ASTRA INTERNATIONAL: Snags US$236-Mln Foreign Loans
---------------------------------------------------
PT Astra International has secured US$236 million in loans from
foreign banks, The Jakarta Post reveals.

In its first offshore financing since the Asian economic crisis,
Astra has signed a dual-currency revolving credit facility worth
US$170 million and IDR600 billion (US$66 million) with a
syndicate consisting of 16 foreign-based lenders.

The firm's finance director John Slack said the new syndicated
loan is part of Astra's rehabilitation process by the
international banking community as it restructures its debts. He
added the loan is significant as it is unsecured, which means
the creditors do not have recourse to any guarantors in case of
default.

The Company disclosed the facilities, which will carry a three-
year tenure and an annual 2.5 percent interest rate over the
Singapore Interbank Offered Rate (SIBOR), were US$50 million
higher than the initial target.

Proceeds from the loans will be used to refinance the Company's
current borrowings and to meet general corporate funding
requirements.

Astra, 42-percent owned by Singapore's Jardine Cycle & Carriage
Ltd., has total consolidated debts of about US$1 billion
following the collapse of the Indonesian currency in 1997.

CONTACT:

P.T. Astra International Terbuka
No 8 Jl Gaya Motor Raya Sunter II
Jakarta 14330
Indonesia
Phone: +62 21 652 2555
Fax: +62 21 651 2058/59
Web site: http://www.astra.co.id/


BANK PERMATA: 20% Stake Sale to Kick Off Next Month
---------------------------------------------------
The government will offer another 20-percent stake in PT Bank
Permata through market placement in mid-December, according to
Indoexchange.

Asset Management Company (PPA) President Director Muhammad
Syahrial said the PPA will carry out the divestment the same way
it sold the 10-percent stake in Bank Danamon last week.

The government is expected to reap IDR1.09 trillion from the
sale of the 20-percent stake, given the base price was the same
as the 51-percent stake's IDR 703 per share.

The proceeds of the divestment will be used to help cover the
deficit in the 2004 Revised State Budget.

CONTACT:

PT Bank Permata Tbk.
Gedung Bank Bali
Jalan Jendral Sudirman Kav. 27
Jakarta 12920
Telephone: 021-52377899 (hunting)
Fax: 021-5237206/8


MENARA HUTAN: Foreign Consortium Keen to Regain License
-------------------------------------------------------
A foreign consortium with a stake in PT Menara Hutan Buana (MHB)
pledged to refinance a debt of the forest concessionaire if the
government returns its operating license, says Asia Pulse.

MHB President Probosutesjo said the investors from Singapore,
China, Sweden, Finland, Denmark, the United States and Canada
will inject capital for the construction of a huge pulp
processing plant if MHB regains its license to operate its
plantation forest in Kalimantan.

The investors are awaiting the renewal of the license to start
building a US$1.2 billion facility in Plaihari, South
Kalimantan. They have also agreed to provide the IDR600 million
monthly fund MHB needs to cover maintenance cost of the
plantation forest, which will supply the log raw material for
the plant.

MHB's operations were suspended by the state for failure to
repay an IDR100 billion (US$111 million) in reforestation funds
to the government.

CONTACT:

Pt. Menara Hutan Buana (Mhb)
Teja Buana Building
4th Floor
Jalan Menteng Raya No. 29
Jakarta 10340
Indonesia
Phone: (62 21) 314 1375
Fax: (62 21) 314 1335
E-mail: ptmhb2@mega.net.id
Contact: Mr. Sutono Bin Suparto, Finance Director


PERTAMINA: State Allots Funds to Secure Domestic Fuel Stock
-----------------------------------------------------------
The government is allocating funds for state oil and gas firm PT
Pertamina to secure and boost the national fuel oil stockpile
for the approaching holiday season, Antara reports.

Energy and Mineral Resources Minister Purnomo Yusgiantoro
confirmed the state will sustain Pertamina's daily cash flow at
around IDR3 trillion in order for the Company to import fuel oil
when the need arises.

Mr. Purnomo added maintaining Pertamina's cash flow is critical
in the next two months when demand for fuel oil would climb
sharply.

The Indonesians, who are mostly Moslems, will celebrate the
post-fasting holiday of Idul Fitri in the middle of this month,
ahead of the Christmas and New Year's Eve festivities.

According to Mr. Purnomo, the state prepared a bigger fuel
subsidy this year amounting to IDR63 trillion. He said the
government is not only discussing ways to boost fuel oil supply
but also to increase state funds for Pertamina.

CONTACT:

PT Pertamina Tbk
Jalan Merdeka
Timur No. 1 A
Jakarta 10110
Phone: (62)(21)3815111
Fax: 3846865/ 3843882
Web site: www.pertamina.com


=========
J A P A N
=========


DAIEI INCORPORATED: Ito-Yokado, Aeon Mull Rehab Aid
---------------------------------------------------
Ito-Yokado Company and Aeon Company have expressed interest in
becoming candidates for sponsors of ailing Daiei Incorporated,
which is seeking rehabilitation from the Industrial
Revitalization Corporation of Japan (IRCJ), relates Kyodo News.

The state-backed IRCJ has invited companies to apply for
sponsorship this week, with trading house Marubeni Corporation
tipped as a likely applicant.

Meanwhile, the IRCJ has launched a probe into an alleged secret
deal between Daiei and U.S. investment fund Colony Capital LLC
over the sale of the Fukuoka Daiei Hawks baseball team.

Toshio Masui, head of Colony Capital's Japanese operations, said
the deal is "aimed at keeping the ball club in Fukuoka, and it
only means that Colony Capital can recommend a buyer" to Daiei.

The IRCJ already knows about the deal, he added.

Initially, Daiei expressed its intention to retain ownership of
the Hawks but has since decided to sell majority of its stake to
Softbank Corporation.

Daiei is considering reducing its current 98-percent stake in
the Hawks to about 20 percent by selling its shares to Softbank.

CONTACT:

The Daiei Incorporated
4-1-1, Minatojima Nakamachi,
Chuo-ku, Kobe, 650-0046
Japan
Phone: +81-78-302-5001
Fax: +81-78-302-5572
Web site: www.daiei.co.jp


JAPAN AIRLINES: Swings To Black with JPY82.9-Bln Profit
-------------------------------------------------------
Japan Airlines Corporation the holding Company of the JAL Group
announced the consolidated financial results of the JAL Group
for the half year ended September 30, 2004.

Total operating revenues for the six-month period were JPY1,
075.7 billion, up 13.9% on the same period last year. Operating
costs were JPY988.8 billion (0.4% down on last year), resulting
in half year operating income of JPY86.8 billion. Ordinary
income was JPY107.8 billion and the first half net income was
JPY82.9 billion.

First half factors

(1) International passenger traffic
International passenger demand rose by 46.2% year-on-year in
terms of the number of passengers carried and by 32.3% in terms
of revenue passenger-kilometers. Even so, revenues rose by
JPY95.3 billion to JPY346 billion.

(2) Domestic traffic
Domestic passenger leisure demand was affected by the shift in
demand back to international routes, reversing the switch to
domestic routes in FY2003. Measures to boost sales included
introduction of the new `'Class-J'' service and increased use of
e-business sales methods. The number of domestic passengers went
down by 7.2% in comparison to the same period last year. Revenue
passenger kilometers performed went down by 6.6%. However,
following an improvement in yield, domestic passenger revenue
was up by JPY1.1 billion to a total of JPY344.9 billion.

(3) International cargo traffic
International cargo operations benefited from a substantial
increase in demand for digital consumer products. Revenue grew
by JPY12.2 billion (+17% on same period last year) to JPY83.5
billion. Volume carried rose 17.2% to 407,881 tons.

Fuel costs in the period last year averaged US$30.6 per barrel
of Singapore Kerosene but in the same period this year the price
averaged US$44.4 per barrel, whereas. JAL's forecast was based
on US$34 per barrel. The increase in the fuel bill for the first
half was 15.5 billion yen, 13% more than the same period last
year. (Total first half fuel cost: JPY137.1 billion)

Despite the rise in fuel costs, JAL took remedial measures to
reduce operating costs including more efficient utilization of
aircraft and personnel made possible as a result of the
integration with Japan Air System. Adoption of a new pension
scheme has also reduced costs. As a result operating costs for
the half-year are JPY4 billion less than the same period last
year.

The average US$-Yen exchange rate in the same period last year
was JPY118.7, compared to JPY109.7 this year. The stronger yen
produced exchange benefits amounting to JPY9.3 billion in the
air transport segment.

Non-operating income included JPY34.4 billion in credits from
manufacturers relating to aircraft and equipment purchase
(JPY18.9 billion more than the first half last year.

To view the full media release, click on:
http://bankrupt.com/misc/TCRAP_JAPANAIRLINES110804.pdf

CONTACT:

Japan Airlines Corporation
4-11, Higashi-shinagawa 2-chome,
Shinagawa-ku
Tokyo, 140-8605, Japan
Phone: +81-3-5769-6097
Fax: +81-3-5460-5929
Web site: http://www.jal.co.jp


KOKUDO CORPORATION: Decides to Sell Seibu Lions Ball Club
---------------------------------------------------------
Kokudo Corporation has decided to sell off Seibu Lions pro
baseball team for JPY20-25 billion, according to Kyodo News,
citing Nihon Keizai Shimbun newspaper.

The scandal-hit firm is believed to have presented the offer to
sell its wholly owned unit Seibu Lions Incorporated to at least
three potential buyers.

Kokudo is hoping that the new owner will take in the entire
Seibu Lions team and continue to use the Seibu Dome in Saitama
Prefecture. The Seibu Lions of the Pacific League last month
clinched their first Japan Series title in 12 years by beating
the Chunichi Dragons of the Central League.

Kokudo, an unlisted firm that operates the Prince Hotel chain
and sports facilities, has been embroiled in a scandal over its
shareholdings in group firm Seibu Railway Company.


KOKUDO CORPORATION: Chief To Quit Over Seibu Railway Scam
---------------------------------------------------------
Kokudo Corporation President Minoru Mikami is expected to step
down to demonstrate his blame for a scandal surrounding the
falsification of the firm's shareholdings in Seibu Railway
Company, according to The Japan Times.

The resignation will come after the Tokyo Stock Exchange and
financial regulators conclude their investigations into Kokudo
and Seibu Railway's tampering of their financial statements and
shady sales of Kokudos' stake in the railway.

Mr. Mikami reportedly had close ties with former Kokudo Chairman
Yoshiaki Tsutsumi, who on October 13 vacated all his posts in
the Company and in Seibu Railway group firms in connection with
the scandal.

The scandal started upon discovery that Kokudo sold some of its
shares in Seibu Railway without informing the buyers that the
railway firm's stock ownership conditions made it subject to
delisting.

Some of the purchasers have demanded Kokudo to buy back the
shares.


MITSUBISHI MOTORS: Unveils FY 2004 First-half Financial Results
---------------------------------------------------------------
Mitsubishi Motors Corporation (MMC) announced its first-half
financial results for fiscal year 2004, ending March 31, 2005,
and outlined its forecast for the full year and the status of
its Business Revitalization Plan.

Fiscal year 2004 first-half results

Consolidated net sales for the first half totaled JPY1,070.8
billion, down JPY136 billion from the same period of the last
fiscal year (JPY1,206.8 billion). Region by region, the launch
of the new Colt combined with overall brisk sales in the United
Kingdom, Russia and the Ukraine boosted sales in Europe by
JPY29.2 billion, for a total of 348 billion in sales.

In Japan, the past recall problem triggered sales to decline by
JPY109.7 billion with sales for the period totaling JPY182.8
billion. In North America, a decision to reduce fleet sales, the
decrease in retail sales and other factors combined for sales of
237.3 billion, a decrease of JPY43.9 billion. For Asia and the
rest of the world, a large portion of sales comprised of lower
revenue-yielding parts and components for overseas production
resulted in a decline of JPY11.6 billion on JPY302.7 billion in
sales.

In terms of unit volume, in Japan some 96,000 units were sold,
or 75,000 fewer units than last year. In North America, 92,000
units were delivered, a drop of 58,000 from the previous year.
European figures have grown by 8,000 units, reaching a total of
112,000 vehicles. In Asia and the rest of the world, weak sales
in Australia were offset by strong figures in Indonesia, Latin
America, the Middle East and Africa, for a total of 346,000
units, a slight decrease of 1,000 units.

Operating revenue improved by JPY12.9 billion year-on-year for
an operating loss of JPY63.5 billion. Trends affecting profit
included the decrease in sales volume in both Japan and North
America and the increased costs incurred as a result of the
warranty claims caused by the past recall problems in Japan.
These were countered by the reduction of sales promotion
expenses, including domestic advertising and sales incentives in
the US, the non-recurrence of a one-time charge against the
financial services business in the US, and a reduction in
material costs. Ordinary revenue was affected mainly by non-
operating expenses deriving from losses at equity-method
affiliates, and fees from the issuing of new shares in June and
July. As a result, ordinary loss increased by JPY11.9 billion
for a total of JPY97.7 billion.

As a result of revitalization initiatives, extraordinary
expenses during the period led to a net loss of JPY146.2
billion, or JPY66 billion more than the same period last year.
Extraordinary losses recorded by MMC included measures to
restore trust in the market which included free vehicle
inspection services in Japan, restructuring costs related to our
facilities in Australia, costs incurred by the integration of
production facilities in the Nagoya area, and write-off for the
cancellation of the development of a new car.

With regard to MMC's financial standing at the end of September
this year, shareholders' equity, which was bolstered by a
capital increase, stood at JPY373.7 billion with an equity ratio
of 19.5 percent compared to JPY30 billion and 1 percent
respectively at the end of fiscal year 2003.

Total outstanding interest-bearing debts were reduced during the
first half to JPY717.9 billion (automotive debt: 538.1 billion
yen, financial services debt: JPY179.8 billion) compared to the
JPY1,062.6 billion outstanding at the end of March this year
(automotive: JPY869.3 billion, financial services: JPY193.3
billion), for an overall improvement of JPY344.7 billion.


Forecast for fiscal 2004

The full-year outlook, based on the current sales atmosphere, is
that while North America and Japan will likely fall below last
year's levels, Europe, Asia and the rest of the world are
projected to surpass their previous year respective figures,
such that global totals are predicted to reach 1.4 million
units, or 127,000 units less than the previous fiscal year. This
number is 53,000 units less than what was forecast in the
Business Revitalization Plan announced on May 21.

The outlook for overall performance for the year is estimated to
be JPY2.1 trillion, or JPY419.4 billion off of last year (150
billion short of earlier Company projections). An operating loss
of JPY120 billion is forecast, which is in line with the earlier
forecast and is JPY23.1 billion over last year's losses.
Ordinary losses are forecast to reach JPY180 billion, exceeding
earlier projections by JPY30 billion and last year's losses by
JPY69.7 billion. Net losses are anticipated to be JPY240
billion, which is 24.6 billion over the same term last year, and
are JPY10 billion over the initial forecast.

The restructuring of the Company as set out in the Business
Revitalization Plan continues, with activities such as the
reduction of fixed and variable costs being put into effect.
Already a number of activities specified in the announcements
made on May 21 and June 16 have been initiated ahead of
schedule. In the three months following July, JPY27 billion was
saved, with the year's goal being JPY89.4 billion in cost
savings. These efforts will be continued through the second half
of the year.

Corporate compliance

One of the cornerstones to the Business Revitalization Plan was
making compliance a top priority. A written pledge of legal
compliance has been created and all corporate executives have
signed. All employees and corporate executives were also
required to attend seminars on corporate ethics. And also, every
department has held meetings concerning business ethics
problems.

The results of the business ethics problems meetings were
positive; these meetings covered matters that we as a Company
must pay attention to and that we must improve. Through these
discussions the staff understood the importance of corporate
ethics, and since we believe the issue to be important enough to
ensure that the proper time is taken to see that it is
meaningful, the deadline for the written pledge by all employees
has been rescheduled for the end of December.

Business Revitalization "Action Plan"

As part of the activities of the Revitalization Committee, which
was set up in June to promote the Business Revitalization Plan,
Cross Functional Teams (CFTs) comprised of younger employees
have been coming up with proposals to realize mid- and long-term
restructuring and basic strategy since August. A Business
Revitalization follow-up team was established in September. This
team's job will be to examine in closer detail the financial
aspects of the CFT's proposals. The team will make proposals in
cooperation with the CFTs. Proposals will be carefully reviewed
and considered by the Board of Directors, then it will be
determined and officially announced as the "Business
Revitalization Action Plan" in mid-December.

To view the full release, click on:
http://bankrupt.com/misc/TCRAP_MITSUBISHIMOTORS110804.pdf


CONTACT:

Mitsubishi Motors Corporation
2-16-4 Konan, Minato-ku
Tokyo, 108-8410, Japan
Phone: +81-3-6719-2111
Fax: +81-3-6719-0014
Web site: http://www.mitsubishi-motors.co.jp


SOJITZ HOLDINGS: Revises Interim Earnings Forecast
--------------------------------------------------
In accordance with the New Business Plan announced on September
8, 2004, Sojitz Holdings Corporation (hereinafter referred to as
Sojitz Holdings or the Company) has continued to review the
Group's asset portfolio.

As a result of the implementation of the New Business Plan, the
Company has revised its consolidated and non-consolidated
interim earnings forecasts for the fiscal year ending March 31,
2005, which were previously disclosed on May 13, 2004 as part of
its financial results for the fiscal year ended March 31, 2004.

Sojitz Holdings has made no change to its consolidated and non-
consolidated full year revised earnings forecasts for the fiscal
year ending March 31, 2005, which were disclosed on September 8,
2004.

To view the entire release, click on:
http://bankrupt.com/misc/TCRAP_SOJITZHOLDINGS110804.pdf

CONTACT:

Sojitz Holdings Corporation
1-23,Shiba 4-chome, Minato-ku
Tokyo, 108-8405, Japan
Phone: +81-3-5446-111
Fax: +81-3-5446-1365
Web site: http://www.sojitz.com


TOSHIBA CORPORATION: Develops High-tech Switch Device
-----------------------------------------------------
Toshiba (TSE: 6502) has announced the release of a new industry-
leading small, low-profile gallium arsenide (GaAs) Metal-
Semiconductor Field Effect Transistor (MESFET) Single Pole Dual
Throw (SPDT) Switch that is well suited for use in multi-band/-
mode cellular Antenna Switch Modules (ASMs), Bluetooth (BT)
modules and Wireless LAN (WLAN) applications.

The TG2217CTB SPDT Switch is offered in a very small and low
profile leadless 6-pin CSP package. The device operates from DC
to 3 Gigahertz (GHz) requiring two control positive voltages
also acting as bias supply. The control voltages are very low
and 2.4V switching operation is possible. This GaAs MESFET
monolithic microwave integrated circuit (MMIC) features 0.35
decibel (dB) insertion loss at 1GHz (0.40dB at 2GHz) and 24dB
isolation at 1 and 2GHz. Power handling performance is 17dBm
P1dB at 2.5GHz which is very good for the extremely small and
low profile package.

Samples of Toshiba's TG2217CTB will be available in Dec. 2004,
priced at US $0.20 each. Volume production is scheduled to begin
in 1Q of 2005.

CONTACT:

Toshiba Corporation
1-1, Shibaura 1-chome, Minato-ku
Tokyo, 105-8001, Japan
Phone: +81-3-3457-4511
Fax: +81-3-3455-1631
Web site: http://www.toshiba.com


=========
K O R E A
=========


DAEWOO HEAVY: Union Workers Forge Alliance with Federation
----------------------------------------------------------
Daewoo Heavy Industries & Machinery Ltd. workers formed an
emergency committee Sunday with the Federation of Korea Metal
Workers in its bid to block Doosan Heavy Industries &
Construction Co. from acquiring Daewoo, reports The Korea Times.

The Federation of Korea Metal Workers, which upervises unions at
automobile, metal and heavy industries, consists of about
160,000 members and 170 chapters nationwide, including powerful
labor unions at Hyundai Motor Co. and other local automakers.

The union does not favor of Doosan being chosen as the preferred
bidder because they believe Doosan Group does not have any
respect for job security.  The workers are also firm in their
decision not to accept Doosan as their buyer.

A due diligence inspection must be done by Doosan and reach a
deal with state-run Korea Asset Management Corp., by the end of
this month or risk losing its preferred bidder status to Hyosung
Corp.  However no inspection date was announced.

Daewoo workers said the Federation will join in blocking Doosan
Heavy from inspecting Daewoo Heavy plants in Incheon and
Changwon.

Doosan Heavy, a unit of Korea's No. 12 conglomerate Doosan
Group, has guaranteed job security for Daewoo Heavy employees
for three years and said it will operate the Company separately.
But the promises have failed to convince workers.

The workers based their judgment on Doosan from what happened to
the workers of Korea Heavy Industries & Construction.  When
Doosan acquired Korea Heavy in 2000, it cut about 2,500 jobs by
introducing early retirement packages.  Daewoo workers fear they
may suffer the same fate once Doosan has finally acquired
Daewoo.

Doosan Heavy aims to diversify its business, and it will be able
to do so upon its acquisition of Daewoo Heavy.

CONTACT:

Daewoo Heavy Industries & Machinery Ltd.
14-34 Youido-Dong, Youngdungpo-Gu,
Seoul 150-010
Republic of Korea
Web site: www.dhiltd.co.kr/eng/index.asp


SK CORPORATION: Sovereign to File Court Petition Against Board
--------------------------------------------------------------
Sovereign Asset Management will take legal action against the
board of SK Corporation after brushing off its request for a
shareholders' meeting, reports Digital Chosunilbo.

SK rejected Sovereign's request for a shareholder meeting aiming
to oust SK's chairman Chey Tae-won, who was indicted for illicit
dealings and accounting.

Sovereign will file a petition with the Korean Court, asking
permission to hold a special shareholder meeting in order to
carry out its good governance responsibilities, Sovereign
President Peter Fitter said.

Sovereign had said corporate governance regulations should be
changed to prevent a board director, who has been indicted with
a serious criminal offense, from carrying out his duties.

Following the rejection of Sovereign's request for a general
shareholder meeting, the board of SK intentionally obstructed
shareholders' efforts to protect their own interests from
illegal acts by the management, Mr. Fitter said.

SK Corp. had expected Sovereign to take legal measures on the
matter and it would honor a Court's decision.

CONTACT:

SK Corporation (Exchange: Korea)
99 Seorin-Dong, Jongru-Gu
Seoul, 110-110, South Korea
Phone: +82-2-2121-5114
Fax: +82-2-2121-7001
Web site: http://www.skcorp.com


===============
M A L A Y S I A
===============


AIC CORPORATION: Unveils FY04 Unaudited Quarterly Report
--------------------------------------------------------
In a disclosure to Bursa Malaysia Securities Berhad, AIC
Corporation Berhad announced its unaudited quarterly report for
the financial period ended September 30, 2004.

                 SUMMARY OF KEY FINANCIAL INFORMATION
                            30/09/2004

                 INDIVIDUAL PERIOD        CUMULATIVE PERIOD
        CURRENT YEAR  PRECEDING YEAR CURRENT YEAR PRECEDING YEAR
          QUARTER    CORRESPONDING    TO DATE     CORRESPONDING
                       QUARTER                    PERIOD

           30/09/2004     30/09/2003  30/09/2004   30/09/2003
             RM'000          RM'000       RM'000      RM'000

1  Revenue  50,232         96,597     131,023       258,505

2  Profit/(loss) before tax
            -707           -1,210     -1,392        -8,293

3  Profit/(loss) after tax and minority interest
            -1,107         -2,099     -2,534        -9,663

4  Net profit/(loss) for the period
             -1,107        -2,099     -2,534        -9,663

5  Basic earnings/(loss) per shares (sen)
             -1.07         -2.05      -2.44         -9.42

6  Dividend per share (sen)
              0.00          0.00       0.00         0.00

           AS AT END OF         AS AT PRECEDING
           CURRENT QUARTER      FINANCIAL YEAR
                                END

7  Net tangible assets per share (RM)

              1.5900       1.7200

CONTACT:

AIC Corporation Berhad
Wisma AIC, Lot 3
Persiaran Kemajuan, Section 16
40200 Shah Alam, Selangor
Tel: 03-5543 1413
Fax: 03-5543 2045
Web site: http://www.aic.com.my


ANCOM BERHAD: Releases Final Dividend Notice
-------------------------------------------
Ancom Berhad announced the details of its final dividend on
November 5, 2004.

Final dividend of 3% less 28% income tax

Kindly be advised of the following:

(1) The above Company's securities will be traded and quoted [Ex
- Dividend] as from: [1 December 2004]

(2) The last date of lodgment: [3 December 2004]

(3) Date Payable: [30 December 2004]

CONTACT:

Ancom Berhad
Level 14, Uptown 1
No. 1 Jalan SS21/58
Damansara Uptown
47400 Petaling Jaya
Selangor
Telephone: 03-77252888
Fax: 03-77257791
Web site: http://www.ancom.com.my


C.I. HOLDINGS: AGM Meeting Set November 30
------------------------------------------
The Board of Directors of C.I. Holdings Berhad announced that
the Twenty-Sixth Annual General Meeting of the Company will be
held at Bilik Perdana, Level 3, Wisma KFC, No. 17, Jalan Sultan
Ismail, 50250 Kuala Lumpur on Tuesday, 30th November 2004 at 10
a.m. to approve the resolutions as stated in the Notice of 26th
AGM.

For a copy of its quarterly report, go to
http://bankrupt.com/misc/tcrap_CIHoldings093004.xls

CONTACT:

C.I. Holdings Berhad
No 16 Lorong Yap Kwan Seng
Kuala Lumpur, JALAN SULTAN ISMAIL 50450
MALAYSIA
+60 3 2145 4337
+60 3 2141 5757


CONSOLIDATED FARMS: Posts Default Status Update
-----------------------------------------------
The Board of Consolidated Farms Berhad announced that the Group
is unable to pay the additional principal and/or interest in
respect of its credit facilities as set out in Table 1.

The Company and its financial advisors, Deloitte Corporate
Solutions Sdn Bhd (formerly known as Deloitte KassimChan
Business Services Sdn Bhd), have met with the respective lenders
to apprise them on Confarm Group's current financial condition
and have sought their indulgence and consideration to provide a
standstill period in respect of the Group's credit facilities
for it to carry out a financial review and, if appropriate,
formulate a restructuring/workout scheme.

Table 1

Additional Amount of Principal and/or Interest Due from 1
November, 2004 to 5 November 2004

Lender   Borrower    Additional Amt Due    Type of Facilities
                   from 1 Nov, 2004 to 5
                    Nov. 2004 (RM'000)

Bank Pertanian  Confarm     265.8          Term Loan (TL)
Malaysia (BPM)

Malayan Banking Confarm     121.1          TL
Berhad

BPM             Consolidated  43.1         TL
                Organic Fertiliser
                Sdn Bhd.

BPM             Consolidated Liquid 37.3   TL
                Eggs Sdn Bhd

Total                             467.3

Note: The above figures are based on the respective companies'
records and exclude any penalty interest that may be charged by
the respective lenders.

CONTACT:

Consolidated Farms Berhad
24-1 Jalan 24/70A,
Desa Sri Hartamas,
50480 Kuala Lumpur
Telephone: 03-23001199
Fax: 03-23002299

This announcement is dated 5 November 2004.


CONSOLIDATED FARMS: Bursa Malaysia Issues Public Reprimand
----------------------------------------------------------
Bursa Malaysia Securities Berhad (Bursa Securities) publicly
reprimanded Consolidated Farms Berhad (Confarm) for breaches of
paragraphs 6.23 and 8.26 of the Bursa Malaysia Securities
Listing Requirements (Bursa Securities LR).

Pursuant to paragraph 6.23 of the Bursa Securities LR, a listed
issuer must issue to the persons entitled not later than 5
market days, or such period as the Exchange may approve after
the books closing date the notices of provisional allotment and
the rights subscription forms.

Confarm had on 5 April 2004 announced the books closing date of
the renounceable rights issue of up to 35,537,333 new Ordinary
Shares of RM1.00 each in the Company (Rights Shares) at an issue
price of RM1.00 per Rights Share (of which the First Call of
RM0.75 is payable in cash on application and the Second Call of
RM0.25 is payable out of the Company's Revaluation Reserve
and/or Retained Profits and/or other available reserves) on a
basis of four (4) new shares for every three (3) existing shares
held at 5.00 p.m. on 22 April 2004 with a minimum subscription
level of 13,102,000 shares (Proposed Rights Issue).

Confarm had breached paragraph 6.23 of the Bursa Securities LR
for failure to issue the notices of provisional allotment and
the rights subscription forms in respect of the Proposed Rights
Issue not later than 5 market days after the books closure date
of the Proposed Rights Issue.

Pursuant also to paragraph 8.26 of the Bursa Securities LR, once
the basis of an entitlement and the books closing date have been
declared a listed issuer must not make any subsequent alteration
to or revocation of such entitlement.

Confarm had breached paragraph 8.26 of the Bursa Securities LR
for revising the terms of the Proposed Rights Issue as announced
by the Company on 29 May 2004.

The public reprimand was imposed pursuant to paragraph 16.17 of
the Bursa Securities LR after taking into consideration all
relevant factors.

Bursa Securities views the above contravention seriously and
hereby cautions the Company on its responsibility to maintain
appropriate standards of corporate responsibility and
accountability in order to achieve greater disclosure and
transparency to its shareholders and the investing public.


FABER GROUP: Out of PN4 Condition
---------------------------------
Faber Group Berhad has regularized its financial condition and
no longer triggers any of the criteria under Paragraph 2.0 of
Practice Note 4/2001.

In view of the above, the securities of the Company will be
reclassified from the PN4 Condition sector to the
Trading/Services sector with effect from 9 a.m., Monday, 8
November 2004.

CONTACT:

Faber Group Berhad
20th Floor
Menara 2 Faber Towers,
Jalan Desa Bahagia
Taman Desa, Off Jalan Klang Lamas
58100 Kuala Lumpur
Telephone: 03-76282888
Fax: 03-76282828


KSU HOLDINGS: Decision for Injunction Application Set Today
-----------------------------------------------------------
Further to the announcements dated 24 September 2003, 7 October
2003, 10 October 2003, 11 December 2003, 18 February 2004, 9
July 2004 and 15 October 2004, KSU Holdings Berhad announced the
following in respect of the Kuala Lumpur High Court Suit No. D6-
22-308-2003 (D6 Suit), which was heard in Court on 5 November
2004:

(1) The decision for the Company's application for a
Stay/Erinford Injunction (Application) will be delivered on 9
November 2004.

(2) The Company's Application to strike out the counterclaim
filed by the Defendants will be mentioned on the same day.

CONTACT:

KSU Holdings Berhad
No. 1116B & C, 2nd & 3rd Floor
Persiaran Raja Muda Musa
41100 Klang
Selangor Darul Ehsan
Tel: 03-33739191
Fax: 03-33747763


KSU HOLDINGS: Financial Condition Unchanged
-------------------------------------------
Further to KSU Holdings Berhad's announcement dated 4 October
2004, the Company wishes to inform that as of to date, there has
been no further development on its plan to regularize its
financial condition in compliance with the Practice Note No.
4/2001 of the Bursa Malaysia Securities Berhad Listing
Requirements.

CONTACT:

KSU Holdings Berhad
No. 1116B & C, 2nd & 3rd Floor
Persiaran Raja Muda Musa
41100 Klang
Selangor Darul Ehsan
Tel: 03-33739191
Fax: 03-33747763


MALAYSIAN INDUSTRIAL: Unit Appoints Liquidator
----------------------------------------------
Malaysian Industrial Development Finance Berhad (MIDF) announced
that Fulton Prebon (L) Ltd. (FPL), a subsidiary Company of MIDF
has been placed under members' voluntary winding-up and that Mr.
Yong Voon Kar of Messrs. Ernst & Young Trust Ltd has been
appointed as Liquidator of FPL on 5 November 2004.

INFORMATION ON FPL

FPL was incorporated under the Offshore Companies Act, 1990 on
29 May 1997 as a Company limited by shares. FPL has an
authorised share capital of USD400,000 comprising 400,000
ordinary shares of USD1.00 each. The issued and paid-up share
capital of the Company is USD125,001 comprising 125,001 ordinary
shares of USD1.00 each.

FPL is a wholly owned subsidiary Company of Fulton Prebon
(Malaysia) Sdn Bhd, which in turn is a 75% subsidiary Company of
Amanah Equities Sdn Bhd (AESB). AESB is a wholly owned
subsidiary Company of Amanah Capital Partners Berhad, which in
turn is a wholly owned subsidiary Company of MIDF.

It has ceased its business operations on 21 January 2004.
Previously, the principal activity of the Company is money
broking services and related activities.

RATIONALE FOR THE WINDING-UP EXERCISE

FPL is currently dormant. The Winding-Up Exercise will save cost
and time in monitoring and maintaining the Company. The Winding-
Up Exercise is also in line with the internal rationalization
exercise of MIDF.

EFFECT OF THE WINDING-UP EXERCISE

The Winding-Up Exercise will not have any material effect on the
share capital, shareholding structure, net tangible assets and
earnings of MIDF in the near future.

DIRECTORS' AND MAJOR SHAREHOLDERS' INTEREST

As far as MIDF is aware, none of the Directors and substantial
shareholders of MIDF or any person connected to them has any
interest, whether direct or indirect, in the Winding-Up
Exercise.

CONTACT:

Malaysian Industrial Development Finance Berhad
Bangunan MIDF
195A Jalan Tun Razak
50400 Kuala Lumpur
P O Box 12110
50939 Kuala Lumpur
Phone: 03-2161 0066/1166
Fax: 03-2161 5973


MBF HOLDINGS: Issues Litigation Update
--------------------------------------
MBf Holdings Berhad announced that GrandTech Systems Sdn Bhd
(the Plaintiff) has filed a suit via Kuala Lumpur High Court
Suit No. D1-22-1525-2004 against MBF Cards (M'sia) Sdn Bhd (the
Defendant) on 19 October 2004 and the sealed copy of the Writ of
Summons (the Writ) together with the Statement of Claim were
served on MBF Cards on 4 November 2004.

a) Statement of Claim

The Plaintiff claims the following:

1) RM1,037,624 being the alleged amount due to the Plaintiff for
the products delivered for the Defendant's credit card marketing
campaign (Campaign Products);

2) RM2,439,084 being the alleged difference between the agreed
price and the alleged re-sale price of the Campaign Products
rejected by the Defendant;

3) Damages for alleged breach of the Letter of Offer to purchase
the Campaign Products including but not limited to the sum of
RM1,735,860 being the alleged anticipated profit on the
cancelled Campaign Products, RM617,250 being sums allegedly
forfeited by one of the Plaintiff's suppliers/dealers known as
Sony Malaysia, RM318,000 being the alleged advertisement
expenses and RM247,500 being the alleged cost of the leather
pouches for one of the Campaign Products;

4) Damages for the alleged loss of reputation and embarrassment
to the Plaintiff to be assessed by the Court;

5) Order that the Defendant indemnifies and keeps the Plaintiff
indemnified against any claims of whatsoever nature by the
Plaintiff's suppliers in particular, by SonyEricsson with
respect to the Campaign Products;

6) Interest on the abovementioned sums and damages;

7) Costs; and

8) Further or other relief.

b) Financial Implications

The solicitors of MBF Cards had earlier on 8 October 2004 filed
a suit against GrandTech at the Kuala Lumpur High Court via Suit
No.D5-22-1279-2004 (D5 Suit). The Company is confident that MBF
Cards has a sound claim for rescission of the agreement with
GrandTech under the D5 Suit and a good defence against this new
claim.

Yours faithfully,
For and on behalf of
MBf Holdings Berhad
Ding Lien Bing
Company Secretary
Date: 5 November 2004

CONTACT:

MBF Holdings Berhad
Suite 1501B Menara Choy Fook On
1B Jalan Yong Shook Lin, Section 7
46050 Petaling Jaya
Telephone: 03-7955 9937
Fax: 03-7956 2812
Web site: http://www.federal-furniture.com


MECHMAR CORPORATION: Status of Repayment Schedules Unchanged
------------------------------------------------------------
Mechmar Corporation (Malaysia) Berhad announced that there is no
change in status to the agreed repayment schedules with
respective lenders.

For a copy of the status report on the loans in default as at 31
October 2004, go to
http://bankrupt.com/misc/tcrap_mechmar110804.xls

CONTACT:

Mechmar Corporation (Malaysia) Berhad
HICOM-Glenmarie Industrial Park
Shah Alam, Selangor Darul Ehsan 40150
MALAYSIA
+60 3 5569 2828
+60 5569 1316


MERCES HOLDINGS: Adjourns Winding Up Hearing to January 26
----------------------------------------------------------
Further to the announcement made on 3 September 2004, Merces
Holdings Berhad wishes to inform that the hearing of the Winding
Up Petition fixed on 3 November 2004 was adjourned by the Court
to 26 January 2005.

CONTACT:

Merces Holdings Berhad
9th Floor, Wisma Sime Darby
14 Jalan Raja Laut
50350 Kuala Lumpur
Tel: 03-2919366
Fax: 03-2928773/2919901

This announcement is dated 5 November 2004.


METROPLEX BERHAD: Unit Receives Winding Up Petition
---------------------------------------------------
The Board of Directors of Metroplex Berhad announced that a
winding-up petition has been served on Legend International
Resorts Limited (LIR) on 3 November 2004 at its registered
office in Hong Kong. The details are as follows:

(1) Date of Petition served

The winding-up petition was presented at the High Court of the
Hong Kong Special Administrative Region on 3 November 2004 and
the Petition was served on LIR on 3 November 2004 by Messrs
White & Case, the solicitors for Morgan Stanley Emerging Markets
Inc. (the Petitioner). The hearing date for the winding-up
petition is fixed on 22 December 2004.

(2) Particulars of Claim

The Petitioner has claimed for the sum of US$5,236,020.54
together with accruing interest as at 29 October 2004 made up as
follows:

Principal US$3,900,000.00
Interest (22/9/99 to 29/10/04) US$1,321,019.08
Default Interest (30/9/04 to 29/10/04) US$ 15,001.46
Total US$5,236,020.54

(3) The Details of Default

(i) Pursuant to the Facility Agreement dated 22 July 1997 (the
Agreement), Societe Generale Asia (Singapore) Limited (the
Agent) and banks and other financial institutions (the Lenders)
had granted to LIR a Revolving Credit Facility of US$33 million.

(ii) On 8 December 1999, the Agent had demanded from LIR the
payment of US$26,375,458.93 due to the Lenders under the
Agreement but LIR was unable to pay the said sum.

(iii) On 3 September 2004, one of the Lenders, Oversea-Chinese
Banking Corporation Limited, Labuan Branch (OCBC) [as successor
in title to Keppel Bank of Singapore Limited, Labuan Branch]
sold and assigned to the Petitioner the amount of US$3,900,000
then due to OCBC under the Agreement.

(iv) On 29 October 2004, the Petitioner had demanded
US$5,236,020.54 from LIR but LIR had failed to pay the said sum.

(4) The total cost of investment in LIR made by MB

The total cost of MB's investment in LIR is RM25,843,198.

(5) The financial and operational impact on the Group

There is no operational impact on the Group. In the event the
winding-up petition succeeds, the estimated losses, if any would
not be material and has been provided for in the Group's
accounts.

(6) The expected losses, if any

The expected losses, if any, would be the corresponding legal
costs.

(7) The steps taken or proposed to be taken by LIR

LIR has instructed its solicitors to oppose the winding-up
petition.

In relation to the above, a Summons for appointment of
provisional liquidators for LIR was also served on LIR on 3
November 2004. The hearing of the Summons has been fixed on 10
November 2004. LIR has instructed its solicitors to oppose the
application to appoint provisional liquidators for LIR.

CONTACT:

Metroplex Berhad
1st Floor Wisma Equity
150 Jalan Ampang
50450 Kuala Lumpur,
Malaysia
Telephone: 03-2618911

This announcement is dated 5 November 2004.


MYCOM BERHAD: To Hold AGM on November 30
----------------------------------------
Notice is hereby given that the Thirty-Seventh Annual General
Meeting of Mycom Berhad will be held at the Crystal Ballroom,
Level 1, Corus Hotel Kuala Lumpur, Jalan Ampang, 50450 Kuala
Lumpur on Tuesday, 30 November 2004 at 11:30 a.m. to conduct the
following business:

AGENDA

AS ORDINARY BUSINESS

1. To receive and adopt the Audited Financial Statements for the
financial year ended 30 June 2004 together with the Reports of
the Directors and Auditors thereon  Resolution 1

2. To approve the payment of Directors' fees for the financial
year ended 30 June 2004  Resolution 2

3. To consider the re-election of the following Directors
retiring in accordance with Article 85 of the Company's Articles
of Association

(i) Yap Wee Chun  Resolution 3

(ii) Tan Sri Dato' Haji Lamin bin Haji Mohd Yunus
Resolution 4

4. To consider the re-appointment of the following Directors who
have attained the age of seventy pursuant to Section 129(6) of
the Companies Act, 1965

(i) Dato' Murad Mohamed Hashim  Resolution 5

(ii) Tan Sri Dato' Jaffar bin Abdul  Resolution
6

(iii) Tan Sri Dato Sri Abang Ahmad Urai bin Datu Hakim
Abg. Hj. Mohideen  Resolution 7

5. To re-appoint Messrs. Ernst & Young as Auditors of the
Company and to authorise the Directors to fix their remuneration
  Resolution 8

AS SPECIAL BUSINESS

6. To consider and, if thought fit, pass with or without any
modifications, the following Ordinary Resolution :

ORDINARY RESOLUTIONAUTHORITY TO ISSUE SHARES PURSUANT TO
SECTION 132D OF THE COMPANIES ACT, 1965  Resolution 9
"THAT pursuant to Section 132D of the Companies Act, 1965,
and subject to the approval of the relevant authorities, the
Directors be and are hereby empowered to issue shares in the
Company, at any time and upon such terms and conditions and for
such purposes as the Directors may, in their absolute
discretion, deem fit, provided that the aggregate number of
shares issued pursuant to this Resolution does not exceed 10% of
the issued capital of the Company for the time being AND THAT
the Directors be and are also empowered to obtain the approval
for the listing of and quotation for the additional shares so
issued on Bursa Malaysia Securities Berhad AND THAT such
authority shall continue in force until the conclusion of the
next Annual General Meeting of the Company."

7. To transact any other business of which due notice shall have
been given.


BY ORDER OF THE BOARD
YAP SIEW KHIM
Company Secretary
Kuala Lumpur
Date: 8 November 2004

Notes

1. A proxy may but need not be a member of the Company and the
provisions of Section 149(1)(b) of the Companies Act, 1965 shall
not apply to the Company.

2. To be valid, this form duly completed must be deposited at
the Registered Office of the Company not less than 48 hours
before the time for holding the meeting or adjourned meeting.

3. A member shall be entitled to appoint more than one proxy to
attend and vote at the same meeting provided that the provisions
of Section 149(1)(c) of the Companies Act, 1965 are complied
with.
4. Where a member appoints more than one proxy, the appointment
shall be invalid unless he specifies the proportion of his
holdings to be represented by each proxy.
5. If the appointor is a corporation, this form must be executed
under its Common Seal or under the hand of its attorney.

EXPLANATORY NOTES:

Resolution 2

The proposed payment of Directors' fees of RM108,000 for
Independent Non-Executive Directors of the Company who have
served the full financial year is reflective of their
responsibilities. The proposed payment, if approved by
shareholders shall be for the year ended 30 June 2004 and each
year thereafter, until otherwise determined by the Company in a
General Meeting.

Resolution 9

The Ordinary Resolution proposed under item 6 of the Agenda
above, if passed, will renew the powers given to the Directors
at the last Annual General Meeting, the authority to issue
shares up to 10% of the issued capital of the Company for the
time being for such purposes as the Directors consider would be
in the interest of the Company. This authority, unless revoked
or varied by the Company in general meeting will expire at the
next Annual General Meeting.

CONTACT:

Mycom Berhad
Level 23, Menara Olympia
8, Jln Raja Chulan,
50200 Kuala Lumpur
Tel: 03-20723993
Fax: 03-2069122


=====================
P H I L I P P I N E S
=====================


COLLEGE ASSURANCE: SEC OKs Sale of MRT Bonds
--------------------------------------------
The Securities and Exchange Commission (SEC) does not object to
the plan of College Assurance Plans Philippines Inc. (CAP) to
sell the Metro Rail Transit bonds to service around Php400-500
million in tuition payments by the end of the year, reports ABS-
CBN News.

The pre-need firm has paid Php2.1 billion in tuition fees of its
plan holders so far this year. By the end of 2004, the total
tuition fee payments are expected to reach Php2.6 billion.

According to a previous TCR-AP report, CAP reported a PhP17-
billion deficiency in its trust assets as of end-2003. During
the period, CAP had PhP8.4 billion in trust assets, compared
with an actuarial reserve liability, or projected future
obligations, of PhP25.5 billion.

CONTACT:

College Assurance Plans Phils. Inc.
CAP I Building
126 Amorsolo cor. Herrera Streets
Legazpi Vill., Makati City
Phone: 817-6586, 759-2000
Fax: (0632) 818-0560


MANILA ELECTRIC: Aims To Restructure Units This Year
----------------------------------------------------
The Manila Electric Co. (Meralco) plans to break up its power
and non-power related businesses in compliance with the law
restructuring the power sector, the Business World reports,
citing Meralco Vice-President Ivanna G. Dela Pena.

Among the utility's units and affiliates are Meralco Energy,
Inc., Meralco Financial Services, Asian Center for Energy
Management, Corporate Information Solutions, e-Meralco Ventures,
First Private Power Corp., General Electric Philippines, Meralco
Industrial Engineering Services, Rockwell Land Corp., Soluziona
Philippines, and Meralco Management and Leadership Development
Center Foundation, Inc.

The plan, which is the structural and functional unbundling of
business activities for power utilities, would divide different
activities and functions of distribution utilities.

CONTACT:

Manila Electric Co.
Lopez Building
Ortigas Avenue, Pasig City
Telephone Numbers:  16220 (TL); 633-4553 (Corp. Sec.)
Fax Number:  631-5572
E-mail Address: corcom@meralco.com.ph
Web site: http://www.meralco.com.ph


MANILA ELECTRIC: Higher Power Rates Won't Lift Profit
-----------------------------------------------------
The Manila Electric Co. (Meralco) said power rates will increase
starting this month but the additional fees aren't expected to
boost profits, reports Dow Jones, citing Meralco's Vice
President for Corporate Communications Elpi Cuna.

Meralco said the generation charge would rise to Php4.57 per kWh
from 3.4950 due to an increase in generation costs at the state
utility National Power Corporation.

The Energy Regulatory Commission (ERC) has allowed Napocor to
raise rates by PHP1.23 a kWh. Meralco said its customers would
only pay PHP1.075 a kWh since it sources 61% of its electricity
supply from Napocor.


NATIONAL POWER: Issues Invitation to Bid
----------------------------------------
The National Power Corporation (NPC) invites all interested
Contractors to apply for eligibility and to bid for the Supply
of Materials and Labor for the Construction of Concrete
Foundation for 320 cu.m. Diesel Fuel Oil Storage Tank (DOST) at
Viga Diesel Power Plant, Catanduanes.

The complete set of eligibility/tender documents shall be
available for issuance at the following offices:

(1) SPUG-Luzon Operations Department Office, Brgy. Minuyan, San
Jose del Monte City, Bulacan with Telefax No. 922-8427 or

(2) Catanduanes-Masbate Operations Division Office, Marinawa
Diesel Power Plant, Brgy. Marinawa, Bato, Catanduanes.

The Bidding requirements and schedule of activities are as
follows:

Contract Number: LUZO05A027Sw

Approved Budget for the Contract (ABC): Php1,778,535.00

License and Registration Particulars:
License: At Least Category C & D, General Building
Registration: Small B, Building & Industrial Plant

Issuance of Eligibility Documents: November 5 - 24, 2004 at the
aforementioned offices

Deadline for Submission of Accomplished Eligibility Documents:
November 24, 2004

Issuance of Tender Documents: November 29, 2004

Pre-Bid Conference: December 6, 2004

Submission and Opening of Bids: December 10, 2004

Contract Duration: Ninety (90) calendar days

Cost of Eligibility Documents: Php 1,000.00/set (Non-refundable)

Cost of Tender Documents: Php 1,500.00/set (Non-refundable)

Eligibility, technical and price proposals of prospective
Bidders shall be evaluated based on non-discretionary
"pass/fail" criteria prescribed in the eligibility/tender
requirements.

The BAC-SPUG Luzon reserves the right to reject any and all
bids, declare a failure of bidding or not award the contract for
whatever reason without thereby incurring any liability to the
affected bidder(s) or any obligation to inform the affected
bidder(s) of the ground(s) for NPC's action.

R. C. CASTILLO
Division Manager, WMTSD and
Chairman, BAC-SPUG Luzon

CONTACT:

National Power Corporation
Quezon Ave., East Triangle, Diliman
Quezon City, Metro Manila, Philippines
Phone: +63-2921-3541
Fax: +63-2921-2468

This press release is dated 5 November 2004.


NATIONAL POWER: Sets Bid For Php780-Mln Fuel Requirement
--------------------------------------------------------
The National Power Corporation (Napocor) will bid out next week
its January and February 2005 fuel requirements estimated to
reach about Php780 million, ABS-CBS News reports.

Napocor data showed it would need some 29,606 kiloliters (kl) of
fuel oil for the two-month period. About 4,290 kl (Php112.5
million) would be used by its plants/barges; another 13,810 kl
(Php341.6 million) by its independent power producers (IPPS);
and about 11,506 kl (Php325.1 million) by its small power
utilities group (SPUG).

The power firm said funding for the fuel purchase would be
sourced from internally generated cash.

Industry sources said Napocor would likely ask the bidders,
mostly the major oil refining firms (Petron Corp. and Pilipinas
Shell Petroleum Corp.), to offer a fixed price.


PHILIPPINE LONG: To Pay Preferred Shares Dividend
-------------------------------------------------
The Board of Directors of the Philippine Long Distance Telephone
Co. (PLDT) has approved the payment of a Php1 cash dividend to
holders of preferred stocks series G, N, P, and S as of the
record date of December 1, Dow Jones reports. The dividend is
payable on December 29.

CONTACT:

Philippine Long Distance Telephone Co.
Ramon Cojuangco Building
Makati Avenue, Makati City
Telephone Numbers:  814-3552; 888-0188
Fax Number:  813-2292
Web site: http://www.pldt.com.ph


=================
S I N G A P O R E
=================


CIC ASSET: Unveils Resolutions Passed at EGM
--------------------------------------------
At an Extraordinary General Meeting (EGM) of CIC Asset
Management Singapore Ltd duly convened and held at 63 Market
Place #15-01, Singapore 048942 on the 28th of October 2004 at 10
a.m., the following resolutions were duly passed:

Special Resolution

(a) Resolved that the Company be wound up voluntarily pursuant
to section 290 of The Companies Act, Cap. 50.

Ordinary Resolutions Resolved:

(b) That Mr. Kon Yin Tong, Mr. Wong Kian Kok and Mr. William
Caven Hutchison of Foo Kon Tan Grant Thornton be and are hereby
appointed liquidators, jointly and severally, for the purpose of
the winding up.

(c) That the liquidators be remunerated for the work of winding
up the Company on their normal scale of professional fees.

Special Resolution

(d) That the liquidators be empowered to exercise any of the
powers given by sub-sections of (1) and (2) of section 272 of
the Companies Act, Cap. 50 and to distribute to members in
specie any part of the assets of the Company.

Pierre Guyonvarch
Chairman

This Singapore Government Gazette notice is dated November 5,
2004.


CIC ASSET: Creditors To Submit Claims by December 5
---------------------------------------------------
Notice is hereby given that the creditors of CIC Asset
Management Singapore Ltd, which is being wound up voluntarily,
are required on or before the 5th of December 2004 to send in
their names and addresses and the particulars of their debts or
claims, and the names and addresses of their solicitors (if
any), to the liquidators, c/o Foo Kon Tan Grant Thornton at 47
Hill Street, #05-01 Chinese Chamber of Commerce & Industry
Building, Singapore 179365.

If so required by the said liquidators, they are to come in and
prove their debts or claims as shall be specified. In default,
will be excluded from the benefits of any distribution made
before such proof.

Kon Yin Tong
Wong Kian Kok
William Caven Hutchison
Joint Liquidators

This Singapore Government Gazette notice is dated November 5,
2004.


HONG LEONG: Notes Change in Shareholder's Interest
--------------------------------------------------
Hong Leong Asia Ltd. on November 5 released a notice at the
Singapore Stock Exchange pertaining to the change in the
Percentage Level of the Interest of Ernest Colin Lee.

Part I

(1) Date of notice to issuer: November 05, 2004

(2) Name of Director: Ernest Colin Lee

(3) Please tick one or more appropriate box(es):
Notice of a Director's (including a director who is a
substantial shareholder) Interest and Change in Interest.
(Please complete Part II and IV)

Part II

(1) Date of change of Shareholding 21-10-2004

(2) Name of Registered Holder Ernest Colin Lee

(3) Circumstance(s) giving rise to the interest or change in
interest Sales in Open Market at Own Discretion

(4) Information relating to shares held in the name of the
Registered Holder
No. of Shares held before the change 50,000
As a percentage of issued share capital 0.013 %

No. of Shares which are subject of this notice 7,000
As a percentage of issued share capital 0.002 %

Amount of consideration (excluding brokerage and stamp duties)
per share paid or received 1.51

No. of Shares held after the change 43,000
As a percentage of issued share capital 0.011 %

Part III

(1) Date of change of:

(2) The change in the percentage level From % To %

(3) Circumstance(s) giving rise to the interest or change in
interest [Select Option]

(4) A statement of whether the change in the percentage level is
the result of a transaction or a series of transactions:

Part IV

(1) Holdings of Director, including direct and deemed interest:

                                                Direct    Deemed
No. of shares held before the change            50,000        0
As a percentage of issued share capital          0.013%       0%
No. of shares held after the change             43,000        0
As a percentage of issued share capital          0.011%       0%

Footnotes Note: % of the issued share capital is based on the
Company's issued share capital of 378,642,318 shares of S$0.20
each as at 5 November 2004.

Submitted by:
Ng Siew Ping, Jaslin
Company Secretary


INFORMATICS HOLDINGS: Change In Shareholder's Interest Issued
-------------------------------------------------------------
Informatics Holdings Ltd. on November 5 released a notice at the
Singapore Stock Exchange pertaining to the change in the
Percentage Level of the Interest of Cheah Hon Kuen.

Part I

(1) Date of notice to issuer: November 04, 2004

(2) Name of Substantial Shareholder: Cheah Hon Kuen

(3) Please tick one or more appropriate box(es):
Notice of a Change in the Percentage Level of a Substantial
Shareholder's Interest or Cessation of Interest. (Please
complete Part III and IV)

Part II

(1) Date of change of

(2) Name of Registered Holder

(3) Circumstance(s) giving rise to the interest or change in
interest
  - Please specify details

(4) Information relating to shares held in the name of the
Registered Holder
No. of [Select Option] held before the change
As a percentage of issued share capital %

No. of N.A. which are subject of this notice
As a percentage of issued share capital %

Amount of consideration (excluding brokerage and stamp duties)
per share paid or received

No. of N.A. held after the change
As a percentage of issued share capital %

Part III

(1) Date of change of Interest November 04, 2004

(2) The change in the percentage level from 9.57 % To 9.47 %

(3) Circumstance(s) giving rise to the interest or change in
interest Sales in Open Market at Own Discretion
- Please specify details

(4) A statement of whether the change in the percentage level is
the result of a transaction or a series of transactions: It is a
result from the sale of 361,000 shares at SG$0.35 each.

Part IV

(1) Holdings of Substantial Shareholder, including direct and
deemed interest:

                                               Direct    Deemed
No. of shares held before the change       37,495,616        0
As a percentage of issued share capital          9.57%       0%
No. of shares held after the change        37,134,616        0
As a percentage of issued share capital          9.47%       0%

Footnotes Mr. Cheah Hon Kuen holds 6,832,523 warrants.

Raymond Quek Hiong How
Company Secretary


PANPAC MEDIA: Posts Change in Holdings
--------------------------------------
Panpac Media Group Limited on November 5 released a notice at
the Singapore Stock Exchange pertaining to the change in the
Percentage Level of the Interest of Yang Lan.

Part I

(1) Date of notice to issuer: November 05, 2004

(2) Name of Director: Yang Lan

(3) Please tick one or more appropriate box(es):
Notice of a Director's (including a director who is a
substantial shareholder) Interest and Change in Interest.
(Please complete Part II and IV)

Part II

(1) Date of change of Deemed Interest November 04, 2004

(2) Name of Registered Holder Sun Media Investment Holdings
Limited

(3) Circumstance(s) giving rise to the interest or change in
interest # Others
- Please specify details Purchase pursuant to married deal.

(4) Information relating to shares held in the name of the
Registered Holder
No. of Shares held before the change 93600000
As a percentage of issued share capital 17.30 %

No. of Shares which are subject of this notice 4400000
As a percentage of issued share capital 0.81 %

Amount of consideration (excluding brokerage and stamp duties)
per share paid or received 0.12

No. of Shares held after the change 98000000
As a percentage of issued share capital 18.11 %

Part III

(1) Date of change of [Select Option]

(2) The change in the percentage level From % To %

(3) Circumstance(s) giving rise to the interest or change in
interest [Select Option]
- Please specify details

(4) A statement of whether the change in the percentage level is
the result of a transaction or a series of transactions:

Part IV
(1) Holdings of Director, including direct and deemed interest:

                                            Direct       Deemed
No. of shares held before the change           0       93600000
As a percentage of issued share capital        0%         17.30%
No. of shares held after the change            0       98000000
As a percentage of issued share capital        0%         18.11%

Ricky Ang Gee Hing
Group MD & CEO


PANPAC MEDIA: Sun Media's Interest Changes
------------------------------------------
Panpac Media Group Limited on November 5, 2004 released a notice
at the Singapore Stock Exchange pertaining to the change in the
Percentage Level of the Interest of Sun Media Investment
Holdings Limited.

Part I

(1) Date of notice to issuer: November 05, 2004

(2) Name of Substantial Shareholder: Sun Media Investment
Holdings Limited

(3) Please tick one or more appropriate box(es):
Notice of a Change in the Percentage Level of a Substantial
Shareholder's Interest or Cessation of Interest. (Please
complete Part III and IV)

Part II

(1) Date of change of [Select Option]

(2) Name of Registered Holder

(3) Circumstance(s) giving rise to the interest or change in
interest

(4) Information relating to shares held in the name of the
Registered Holder
No. of [Select Option] held before the change
As a percentage of issued share capital %

No. of N.A. which are subject of this notice
As a percentage of issued share capital %

Amount of consideration (excluding brokerage and stamp duties)
per share paid or received

No. of N.A. held after the change
As a percentage of issued share capital %

Part III

(1) Date of change of Interest November 04, 2004

(2) The change in the percentage level From 17.30 % To 18.11 %

(3) Circumstance(s) giving rise to the interest or change in
interest: Others
- Please specify details Purchase pursuant to married deal.

(4) A statement of whether the change in the percentage level is
the result of a transaction or a series of transactions: The
change in the percentage level is the result of a transaction.

Part IV
(1) Holdings of Substantial Shareholder, including direct and
deemed interest:

                                                Direct    Deemed
No. of shares held before the change          93600000        0
As a percentage of issued share capital          17.30%       0%
No. of shares held after the change           98000000        0
As a percentage of issued share capital          18.11%       0%

Ricky Ang Gee Hing
Group MD & CEO


PANPAC MEDIA: Reveals Change in Shareholder's Interest
------------------------------------------------------
Panpac Media Group Limited on November 5 released a notice at
the Singapore Stock Exchange pertaining to the change in the
Percentage Level of the Interest of Bruno Zheng Wu.

Part I

(1) Date of notice to issuer: November 05, 2004

(2) Name of Director: Bruno Zheng Wu

(3) Please tick one or more appropriate box(es):
Notice of a Director's (including a director who is a
substantial shareholder) Interest and Change in Interest.
(Please complete Part II and IV)

Part II

(1) Date of change of Deemed Interest: November 4, 2004

(2) Name of Registered Holder Sun Media Investment Holdings
Limited

(3) Circumstance(s) giving rise to the interest or change in
interest: Others

Please specify details Purchase pursuant to married deal.

(4) Information relating to shares held in the name of the
Registered Holder
No. of Shares held before the change 93600000
As a percentage of issued share capital 17.30 %

No. of Shares which are subject of this notice 4400000
As a percentage of issued share capital 0.81 %

Amount of consideration (excluding brokerage and stamp duties)
per share paid or received 0.12

No. of Shares held after the change 98000000
As a percentage of issued share capital 18.11 %

Part III

(1) Date of change of Interest

(2) The change in the percentage level From % To %

(3) Circumstance(s) giving rise to the interest or change in
interest [Select Option]
- Please specify details

(4) A statement of whether the change in the percentage level is
the result of a transaction or a series of transactions:

Part IV

(1) Holdings of Director, including direct and deemed interest:


                                           Direct        Deemed
No. of shares held before the change            0      93600000
As a percentage of issued share capital         0%        17.30%
No. of shares held after the change             0      98000000
As a percentage of issued share capital         0%        18.11%

Ricky Ang Gee Hing
Group MD & CEO


REGENCY LEISURE: Enters Bankruptcy Proceedings
----------------------------------------------
Notice is hereby given that a Petition for the Winding Up of
Regency Leisure Development Private Limited by the High Court
was on the 7th day of October 2004 presented by LSH Management
Services Pte Ltd, a Company incorporated in Singapore and having
its registered office at 8 Robinson Road, #08-00 ASO Building,
Singapore 048544.

The said Petition will be heard before the Court sitting at the
High Court in Singapore at 10:00 a.m. on the 19th day of
November 2004.

Any creditor or contributory of the said Company desiring to
support or oppose the making of an Order on the said Petition
may appear at the time of hearing by himself or Counsel for that
purpose. A copy of the Petition will be furnished to any
creditor or contributory of the said Company requiring the same
by the undersigned on payment of the regulated charge for the
same.

The Petitioners' address is 8 Robinson Road, #08-00 ASO
Building, Singapore 048544.

The Petitioners' Solicitors are Messrs Ling Das & Partners of
133 New Bridge Road, #08-01 Chinatown Point, Singapore 059413.

Messrs Ling Das & Partners
Solicitors for the Petitioners

Note: Any person who intends to appear at the hearing of the
said Petition either to oppose or support must serve on or send
by post to the above named Messrs Ling Das & Partners of 133 New
Bridge Road, #08-01 Chinatown Point, Singapore 059413 or the
Petitioner, notice in writing of his intention to do so. The
notice must state the name and address of the person, or if a
firm the name and address of the firm, and must be signed by the
person or firm, or his or their solicitor (if any) and must be
served, or if posted, must be sent by post in sufficient time to
reach the above named not later than twelve o'clock noon of the
18th day of November 2004.

This Singapore Government Gazette notice is dated November 5,
2004.


TREND RESTAURANT: Winding Up Hearing Slated for November 12
-----------------------------------------------------------
Notice is hereby given that a Petition for the Winding Up of
Trend Restaurant & Management Pte Ltd by the High Court was, on
the 21st day of October 2004, presented by Wan Kee Trading
(suing as a firm).

The Petition will be heard before the Court sitting at 10:00 am
on Friday, the 12th day of November 2004.

Any creditor or contributory of the Company desiring to support
or oppose the making of an order on the said Petition may appear
at the time of the hearing by himself or his counsel for that
purpose. A copy of the said Petition will be furnished to any
creditor or contributory of the said Company requiring the copy
of the Petition from the undersigned on payment of the regulated
charge for the same.

The Petitioner's address is 6 Everton Park #01-16, Singapore
080006.

The Petitioner's Solicitors are Messrs Loh Lin Kok of 1 North
Bridge Road, #19-09/10 High Street Centre, Singapore 179094.

Messrs Loh Lin Kok
Solicitors for the Petitioner

Note: Any person who intends to appear at the hearing of the
said Petition must serve on or send by post to the above named
Messrs Loh Lin Kok of 1 North Bridge Road, #19-09/10 High Street
Centre, Singapore 179094, a notice in writing of his intention
to do so. The notice must state the name and address of the
person, or if a firm, the name and address of the firm, and must
be signed by the person or firm, or his or their Solicitors (if
any) and must be served, or if posted must be sent by post in
sufficient time to reach the above named not later than twelve
o'clock noon of the 11th day of November 2004.

This Singapore Government Gazette notice is dated November 5,
2004.


WELDTECH MARINE: Sets Winding Up Hearing November 12
----------------------------------------------------
Notice is hereby given that a Petition for the Winding Up of
Weldtech Marine Services Pte Ltd by the High Court was on the
18th day of October 2004 presented by Kwan Hon Kee and Poh Mei
Ling both of 121 Loyang Rise, Singapore 507480.

The Petition will be heard before the Court sitting at High
Court at 10:00 o'clock in the forenoon on the 12th day of
November 2004.

Any creditor or contributory of the Company desiring to support
or oppose the making of an order on the said Petition may appear
at the time of hearing by himself or his Counsel for that
purpose. A copy of the Petition will be furnished to any
creditor or contributory of the Company requiring the same by
the undersigned on payment of the regulated charge for the same.

The Petitioners' address is at 121 Loyang Rise, Singapore
507480.

The Petitioners' Solicitors are Messrs Loy & Company of 133 New
Bridge Road, #08-06 Chinatown Point, Singapore 059413.

Messrs Loy & Company
Solicitors for the Petitioners

Note: Any person who intends to appear at the hearing of the
Petition must serve on or send by post to the above named Messrs
Loy & Company, notice in writing of his intention to do so. The
notice must state the name and address of the person, or, if a
firm, the name and address of the firm, and must be signed by
the person or firm, or his or their solicitor (if any) and must
be served, or if posted, must be sent by post in sufficient time
to reach the above named not later than twelve o'clock noon of
the 10th day of November 2004.

This Singapore Government Gazette notice is dated November 5,
2004.


===============
T H A I L A N D
===============


ADVANCE PAINT: Appoints Audit Committee Chairman, Member
--------------------------------------------------------
In a disclosure to the Stock Exchange of Thailand the board of
directors of Advance Paint & Chemical (Thailand) Public Company
Limited advised that during the board meeting No. 4/2004 held on
November 4th, 2004 the resolutions appointing Chairman of the
Audit Committee and Member of the Audit Committee. The scope of
performance are passed with the following details:

(1) Chairman of the Audit Committee: Mr. Nathee Phanicheva

(2) Member of the Audit Committee: Mr. Dusit Nonthanakorn

therefore, at November 5th, 2004.

(1) Names of members of the Audit Committee are:

                             Remaining terms of holding office

Chairman of the Audit Committee:
Mr. Nathee Phanichewa               1 year 11 month (s)

Member of the Audit Committee:
Mr. Dusit Nonthanakorn              1 year 11 month (s)

Member of the Audit Committee:
Mr. Sompakdi Vatevilai              1 year 11 month (s)

Secretary of the Audit Committee:
Mr. Surin Polyasrisawat


(a) The Audit Committee of the Company has the scope of duties
and responsibilities, and shall report to the board of directors
on:

(b) Oversee a listed Company's financial reporting process in
which the financial statement must be corrected sufficient and
credible by coordinating with an independence public accountant.

(c) Ensure a listed Company has adequate and effective internal
control systems.

(d) Ensure the finding and appointing of Company's external
auditor with reasonable audit fee.

(e) Ensure a listed Company follows all the relevant regulations
and laws.

(f) Ensure a listed Company dot not engage in any activities
that may lead to a conflict of interest.

(g) Commission a listed Company annual report and disclosure of
its information in which certified by an audit chairman.

(h) Commission other matters according to the laws or given by
the board of directors of the Company.

The Company hereby certifies that the aforementioned members
meet all the qualifications prescribed by the Stock Exchange of
Thailand.

Managing Director
(Mr. Pricha Punnakitikashem)

CONTACT:

Advance Paint & Chemical (Thailand) Pcl
344 Moo 2, Bang Pa-In Industrial Estate,
Bang Pa-In Ayutthya
Telephone: 0-3522-1140, 0-2541-5374-8
Fax: 0-3526-1871


JASMINE INTERNATIONAL: Posts Additional Shares Offering Info
------------------------------------------------------------
Chaengwatana Planner Company Limited, as the Plan Administrator
of Jasmine International Public Company, Limited informed that
Jasmine Telecom Systems Public Company Limited (JTS) will offer
the new issued shares of JTS to specific investors (Private
Placement or PP) by offering to Knight Thai Technology Fund
details referred in letter Ref. ADMS 87/04 dated 2 November
2004.  The Company advised the Stock Exchange of Thailand
additional information on this matter.

(1) The reason to offer the new shares to Knight Thai Technology
Fund on Private Placement Basis Knight Thai Technology Fund is
an absolute performance equity fund mainly quoted securities on
the Stock Exchange of Thailand as well as pre-initial public
offerings and initial public offerings.

The offering price per share proposed by this fund is THB1.50
which is higher than our book value per share for our book value
per share is THB1.43 and its offered price is higher than other
investors.

Furthermore, this fund emphasizes investment in new technology
business companies especially telecommunications, software and
information technologies.  The Company therefore, shall have
more opportunity and advantage to extend our business arms and
new alliances to strengthen our Company.  Besides, Knight Thai
Technology Fund has willingness to take relatively small
position in JTS who will still be an unlisted Company.

(2) Operation summary of Knight Thai Technology Fund are as
follows:

Knight Thai Technology Fund is a sub-fund of Knight Asian
Investment Limited, an open ended mutual fund, managed by The
Knight Asia Group who has been investing in stock markets and in
Thailand for years and has knowledge of the Thai market.

The Fund's investment objective is an absolute performance
equity fund, aiming to provide investors with long-term capital
appreciation from a managed portfolio of mainly quoted
securities on the Stock Exchange of Thailand, as well as, pre-
initial public offerings and initial public offerings.  The Fund
emphasizes investment in Thai technology companies especially
telecommunications, software and information technologies
companies.

The Fund has launched on 8th April 2004; therefore, it has no
past performance at present.  However, there are other sub-funds
of Knight Asian Investment Limited in Thailand managed by The
Knight Asia Group, for example Knight Thai Harvest Fund.

Moreover, in year 2003, The Knight Asia Group won the Best Asia
Ex Japan Award arranged by Asia Hedge magazine.

(3) Financial summary of JTS as of 30 June 2004 are as follows:

(Unit: '000 Baht)

Particular
     for the three-month  for the three-month  for the six-month
     periods              periods              periods
     ended March 31, 2004 ended June 30, 2004  ended June 30,
2004

Revenue   277,427.00      464,595.00           742,022.00

Net Profit
after Tax  49,846.00      64,316.00            114,162.00

Total
Assets  1,489,969.00      1,682,877.00             -

Total
Liabilities  965,589.00   1,111,247.00             -

Total
Shareholders'
Equity    524,380.00      571,630.00               -

Please be informed accordingly.

Authorized director
(Mr.Somboon Patcharasopak)
Chaengwatana Planner Co., Ltd., the Plan Administrator of
Jasmine International Public Company Limited

CONTACT:

Jasmine International Public Company Limited
200 Fl. 30, Moo 4, Chaengwatthana Rd.,
Pak Kret, Nonthaburi
Telephone: 0-2502-3000-7
Fax: 0-2502-3150-2
Web site: www.jasmine.co.th


KRUNG THAI: Court Accepts Former Head's Second Lawsuit
------------------------------------------------------
The "urgent" lawsuit filed by former Krung Thai Bank Public
Company Limited president that seeks to freeze the appointment
of Apisak Tantivorawong as new KTB president was accepted by the
Administrative Court last Tuesday, The Nation relates.

The lawsuit was an extension of the one Viroj Nualkhair, the
former KTB president filed against the Bank of Thailand (BoT)
and its governor, Pridiyathorn Devakula, questioning the
legality of his disqualification to hold another term for the
bank presidency.

Mr. Viroj is seeking monetary compensation for damage to his
reputation and career, and the right to be reinstated as KTB
president.

According to a source close to the matter, Mr. Viroj asked for a
freeze on Mr. Apisak's appointment because, if he won his first
lawsuit, it would duplicate the board's earlier appointment of
Mr. Viroj to the post.

"KTB's board of directors had earlier approved the reappointment
of Khun Viroj as the bank's president for a second term. Now the
board has approved Khun Apisak's appointment. There would be
duplication if Khun Viroj won the first case. So, he [Viroj]
filed an urgent lawsuit to freeze the appointment," the source
said.

The temporary delay in the appointment of a new president caused
by the lawsuit was unlikely to affect the bank's operation, he
claimed.

In his first lawsuit, Mr. Viroj asked for THB201 million as
claims to damages for being blacklisted by the BoT, preventing
him from serving as an executive of any financial institution
and for being denied the post of KTB president.

The BOT refused to endorse Viroj for a second term, holding him
responsible for THB46-billion of doubtful debts booked by the
state-owned bank in the second quarter of this year. The central
bank sent a letter to KTB's board of directors ordering the bank
to cancel its approval of Mr. Viroj's appointment for a second
term as president.

To date the BoT has not received any notice from the Court to
freeze Mr. Apisak's appointment.

CONTACT:

Krung Thai Bank Public Company Limited
35 Sukhumvit Road, Khlong Toei Nua, Wattana Bangkok
Telephone: 0-2255-2222
Fax: 0-2255-9391-6
Web site: www.ktb.co.th



* BOND PRICING: For the Week 08 November to 12 November 2004
------------------------------------------------------------

Issuer                            Coupon   Maturity  Price
------                            ------   --------  -----


AUSTRALIA
---------

Advantage Group                      10.000%     4/15/06    1
Amcom Telecommunications Ltd         10.000%    10/28/07    3
Amity Oil Ltd.                       10.000%    10/31/13    2
APN News & Media Ltd                  7.250%    10/31/08    5
A&R Whitcoulls Group                  9.500%    12/15/10    9
BIL Finance Ltd                       8.000%    10/15/07    9
BIL Finance Ltd                       8.750%    10/15/05    9
BIL Finance Ltd                       9.250%    10/15/06    9
Capital Properties NZ Ltd             8.500%     4/15/05    8
Capital Properties NZ Ltd             8.500%     4/15/07    8
Capital Properties NZ Ltd             8.500%     4/15/09    8
Citigold Corp.                       12.000%     3/29/07    1
Consolidated Minerals Ltd            11.250%     3/31/05    2
Djerriwarrh Investments Ltd           6.500%     9/30/09    4
Evans & Tate Ltd                      8.250%    10/29/07    1
Fletcher Building Ltd                 7.900%    10/31/06    8
Fletcher Building Ltd                 8.300%    10/31/06    8
Fletcher Building Ltd                 8.600%     3/15/08    8
Fletcher Building Ltd                 8.750%     3/15/06    8
Fletcher Building Ltd                 8.850%     3/15/10    8
Fletcher Building Ltd                10.500%     4/30/05    8
Fernz Corp Ltd                        8.560%    10/15/06    8
Futuris Corporation Ltd               7.000%    12/31/07    3
Gympie Gold Ltd.                      8.500%     9/30/07    1
Hy-Fi Securities Ltd                  7.000%     8/15/08    8
Hy-Fi Securities Ltd                  8.750%     8/15/08   12
Hutchison Telecoms Australia          5.500%     7/12/07    1
Infrastructure and Utility            8.500%     9/15/13    8
NPT Capital Ltd                       9.500%    11/30/04    9
Nuplex Industries Ltd                 9.300%     9/15/07    8
Powerco Ltd                           8.150%      9/1/07    8
Powerco Ltd                           8.400%     5/22/07    10
Richmond Ltd                         10.750%    12/15/04   10
Salomon Smith Barney Australia        4.250%      2/1/09    9
Sapphire Securities                   7.410%     9/20/35    7
Sapphire Securities                   9.160%     9/20/35    9
Sherlock Bay Nickel                  12.000%      9/1/07    1
Sky Network Television Ltd            9.300%    10/29/49    8
Software of Excellence                7.000%     8/09/07    2
Strathfield Group                    11.000%    12/31/05    1
Structural Systems Ltd               11.000%     6/30/07    1
Sydney Gas Company                   12.000%     4/1/06     1
Tower Finance Ltd                     8.650%    10/15/09    8
Tower Finance Ltd                     8.750%    10/15/07    8
TrustPower Ltd                        8.300%     9/15/07    8
TrustPower Ltd                        8.500%     9/15/12    8
TrustPower Ltd                        8.500%     3/15/14    8
Urbus Properties Ltd                  9.250%     3/10/07    1
Vision Systems Ltd                    9.000%    12/15/08    2


CHINA
-----

China Government Bond                  2.900%    5/24/32    67


KOREA
-----

Korea Electric Power Corporation       7.950%       4/1/96   72


MALAYSIA
--------

Asian Pac Holdings Bhd                 4.000%     12/22/05    1
Artwright Holdings Bhd                 5.500%      3/05/07    1
Berjaya Group Bhd                      5.000%     10/17/09    1
Berjaya Land Bhd                       5.000%     12/30/09    1
Berjaya Sports Toto Bhd                8.000%      8/04/12    4
Camerlin Group Bhd                     5.500%      7/15/07    1
Crescendo Corporation Bhd              3.000%      8/25/07    1
Crest Builder                          3.000%      2/25/06    2
Dataprep Holdings Bhd                  4.000%       8/5/05    1
Dataprep Holdings Bhd                  4.000%       8/6/07    1
Eden Enterprises (M) Bhd               2.500%      12/2/07    1
Fountain View Development Sdn Bhd      3.500%      11/3/06    5
Furqan Business Organization           2.000%     12/19/05    1
Gadang Holdings Bhd                    2.000%     12/24/08    2
Grand Central Enterprises Bhd          5.000%      2/17/05    1
Greatpac Holdings Bhd                  2.000%     12/11/08    1
Gula Perak Bhd                         6.000%      4/23/08    1
Hong Leong Industries Bhd              4.000%      6/28/07    1
I-Bhd                                  5.000%      4/30/07    1
Insas Bhd                              8.000%      4/19/09    1
Integrax Bhd                           3.000%     12/24/05    1
Killinghall Bhd                        5.000%      4/13/09    1
Kretam Holdings Bhd                    1.000%      8/10/10    1
Kumpulan Emas Bhd                      7.000%     11/15/04    1
Kumpulan Jetson                        5.000%     11/28/12    1
LBS Bina Group Bhd                     4.000%     12/31/06    1
LBS Bina Group Bhd                     4.000%     12/31/07    1
LBS Bina Group Bhd                     4.000%     12/31/08    1
Lebar Daun Bhd                         2.000%       1/6/07    4
Lion Diversified Holdings Bhd          2.000%       6/1/09    1
Media Prima Bhd                        2.000%      7/18/08    1
Mithril Bhd                            3.000%       4/5/12    1
Mithril Bhd                            8.000%       4/5/09    1
Mutiara Goodyear Development Bhd       2.500%      1/15/07    1
NAM Fatt Corporation Bhd               2.000%      6/24/11    1
Orlando Holdings Bhd                   3.000%      3/16/05    1
OSK Holdings Bhd                       3.500%       3/1/05    1
OSK Holdings Bhd                       6.000%       3/1/05    1
Patimas Computer Bhd                   6.000%      2/19/06    1
Poh Kong Holdings                      3.000%      1/20/07    1
Prinsiptek Corporation Bhd             2.000%     11/20/06    1
Puncak Niaga Holdings Bhd              2.500%     11/20/16    1
POS Malaysia & Services Holdings Bhd   8.000%     11/26/04    1
Rashid Hussain Bhd                     0.500%     12/23/12    1
Rashid Hussain Bhd                     3.000%     12/23/12    1
Rhythm Consolidated Bhd                5.000%     12/17/08    1
Silver Bird Group Bhd                  1.000%      2/15/09    1
Southern Steel Bhd                     5.500%      7/31/08    2
Tanah Emas Corporation Bhd             2.000%      12/9/06    1
Talam Corporation Bhd                  7.000%      7/19/05    1
Talam Corporation Bhd                  7.000%      4/19/06    1
Tap Resources Bhd                      2.000%      6/29/06    1
Tenaga Nasional Bhd                    3.050%      5/10/09    1
Time Engineering Bhd                   2.000%     12/25/05    1
VTI Vintage Bhd                        4.000%      8/22/06    1
Wah Seong Corp                         3.000%      5/21/12    3
Yu Neh Huat Bhd                        3.000%       9/2/08    1


SINGAPORE
---------

CSC Holdings Ltd                       6.500%      4/27/05    1
Rabobank Singapore                     1.000%      1/15/13   74
Sengkang Mall                          8.000%     11/20/12    1
Tampines Assets Ltd                    5.625%      12/7/06    1
Tampines Assets Ltd                    6.000%      12/7/06    1
Tincel Ltd                             7.400%      6/13/11    1










                            *********


S U B S C R I P T I O N  I N F O R M A T I O N

Troubled Company Reporter -- Asia Pacific is a daily newsletter
co-published by Bankruptcy Creditors' Service, Inc., Trenton, NJ
USA, and Beard Group, Inc., Frederick, Maryland USA. Lyndsey
Resnick, Ma. Cristina Pernites-Lao, Faith Marie Bacatan, Reiza
Dejito, Peachy Clare Arreglo, Editors.

Copyright 2004.  All rights reserved.  ISSN: 1520-9482.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without
prior written permission of the publishers.  Information
contained herein is obtained from sources believed to be
reliable, but is not guaranteed.

The TCR -- Asia Pacific subscription rate is $575 for 6 months
delivered via e-mail. Additional e-mail subscriptions for
members of the same firm for the term of the initial
subscription or balance thereof are $25 each.  For subscription
information, contact Christopher Beard at 240/629-3300.

                 *** End of Transmission ***