TCRAP_Public/041122.mbx         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

             Monday, November 22, 2004, Vol. 7, No. 231

                            Headlines

A U S T R A L I A

A. GRADE: To Face Winding Up Process
AIKEN MANAGEMENT: Enters Winding Up Proceedings
ALWAYS AT CALL: To Wind Up Voluntarily
APC COMPUTER: Final Meeting Slated for November 23
AUSTRALIAN GAS: Disposes of NGC Stake

BEXBARR PTY: To Undergo Winding Up Process
CHEMEQ LIMITED: Fired Chief Claims She "Was Made Scapegoat"
CHOICE WOOL: Winds Up Voluntarily
COLEBROOK PTY: Members Resolve to Voluntarily Wind Up
CORRPRO AUSTRALIA: Ex-Director Faces Jail Sentence for Fraud

DERLOCK PTY: To Hold Final Meeting on December 1
GARRY MCEWAN: Final General Meeting Set November 24
H&D JOZWIK: Issues Winding Up Notice
J&J MELLON: Appoints R.M.H. Cole as Liquidator
NATIONAL AUSTRALIA: APRA Orders Urgent Review of IT Systems

PARKLANE FURNITURE: Placed Under Voluntary Winding Up
PETANGEL PTY: To Declare Final Dividend on December 9
QANTAS AIRWAYS: Works on Closer Ties with Air France
QANTAS AIRWAYS: Real Estate Agent Guilty of Insider Trading
STEEVAC PTY: To Declare Final Dividend on December 9

WINDSOR CARPORTS: Undergoes Voluntary Winding Up


C H I N A  &  H O N G  K O N G

ALPHA GENERAL: Posts HK$7.671-Mln Net Loss
ASEAN INTERESTS: Court To Hear Winding Up Application
CCID CONSULTANTS: Unveils Financial Statement
CHIU LUN: Creditors To Submit Claims by December 16
EASY WATCH: Court Fixes Hearing Date on January 7

FORD SHEEN: Winding Up Hearing Set December 8
FU HANG: To Declare Intended Dividend
FULLY WIN: Receives Bankruptcy Order
GOLD WO MELAMINE: Court To Consider Appointment of Liquidators
GOLD WO INTERNATIONAL: Petition Hearing Set November 30

RICHLINK ASIA: Court to Hear Petition on November 30
WAM!NET HONGKONG: Creditors to Prove Claims by November 29
* S&P Says Two Banks Up for Reform


I N D O N E S I A

DIRGANTARA INDONESIA: Three Countries Eye Aircraft Purchase


J A P A N

ALL NIPPON: Joins Forces with Qatar Airways
JAPAN AIRLINES: To Launch Code Share Flights with U.S. Carrier
JAPAN AIRLINES: Unions Call Off Planned Strike
KAJIMA CORPORATION: Slips Into Red with JPY2.61-Bln Loss
MITSUBISHI MOTORS: To Enter Malaysian Passenger Car Market

RESONA HOLDINGS: Unveils New Business Revitalization Plan
RESONA HOLDINGS: To Merge Two Wholly Owned Units
YUHKOUTOCHI K.K.: Enters Bankruptcy


K O R E A

HYNIX SEMICONDUCTOR: U.S. Duties on DRAM Most Likely to be Cut
SK NETWORKS: Fails to Settle Row with Toyota's Korean Unit


M A L A Y S I A

ANTAH HOLDINGS: Oks Writing of Supplemental PA
BERJAYA GROUP: Releases Loan Stock Interest Notice
CHEE WAH: Unveils FY04 Unaudited Quarterly Report
CRIMSON LAND: Releases FY04 Unaudited Quarterly Report
ESPHERE ENTERPRISES: Faces Winding Up Proceedings

LANKHORST BERHAD: Securities Under Suspension
MTD CAPITAL: Purchases 99,100 Ordinary Shares on Buy Back
PAN PACIFIC: Appoints New Board Secretary
PANTAI HOLDINGS: Notes Amended Shares Buy Back


P H I L I P P I N E S

ATLAS CONSOLIDATED: Audit Committee Member Resigns
C&P HOMES: Narrows 3Q/FY04 Net Loss to Php3 Mln
COLLEGE ASSURANCE: 3Q/FY04 Net Loss Balloons to PhP2.588 Bln
NEGROS NAVIGATION: Moves Shares Trading Period
PILIPINO TELEPHONE: Considers Compromise On NTC Fees

PILIPINO TELEPHONE: Chairman Acquires Additional Shares


S I N G A P O R E

ANTSCO MARINE: Enters Bankruptcy Proceedings
G3 TECHNOLOGIES: Winding Up Hearing Scheduled on December 3
GOODWOOD PARK: Posts Change in Shareholder's Interest
GLOBAL HARVEST: Court to Hear Winding Up Petition
RSH LIMITED: Unveils EGM Results

WEE POH: Posts Notice of Reconvened AGM


T H A I L A N D

BANGKOK RUBBER: SET Suspends Trading of Securities
DATAMAT: Unveils Reviewed 3Q Financial Statement
M.D.X.: Securities Trading Suspended
NATURAL PARK: Details Operating Performance as of September 30
NATURAL PARK: Unveils Reviewed, Consolidated 3Q FS

SYNTEC CONSTRUCTION: Clarifies 20% Change in Performance
TANAYONG: NR Sign Posted on Securities
THAI DURABLE: SET Posts NP Sign on Securities
THAI WIRE: Details Result of Debt to Equity Conversion

     -  -  -  -  -  -  -  -

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


A. GRADE: To Face Winding Up Process
------------------------------------
Notice is hereby given that at an extraordinary general meeting
of members of A. Grade Steelfixing & Concreting Pty Limited
A.C.N. 056 806 074 held on 1 October 2004, it was resolved that
the Company be wound up voluntarily.

At a meeting of creditors held on the same day, it was resolved
that for such purpose, Geoffrey McDonald and Stan Traianedes of
Hall Chadwick Chartered Accountants & Business Advisors Level
29, St Martins Tower 31 Market Street, Sydney NSW and Level 9,
459 Collins Street Melbourne Vic respectively be appointed Joint
Liquidators.

Dated this 1st day of October 2004

Geoffrey Mcdonald
Stan Traianedes
Joint Liquidators
Hall Chadwick
Chartered Accountants & Business Advisors
Level 9, 459 Collins Street, Melbourne 3000


AIKEN MANAGEMENT: Enters Winding Up Proceedings
-----------------------------------------------
Notice is hereby given that a general meeting of Aiken
Management Services Pty Limited A.B.N. 32 065 479 585, held on
the 30 September 2004, it was resolved that the Company be wound
up voluntarily, and that Ian Thomas Stephenson, of Ian
Stephenson & Partners, Chartered Accountants, Level 3, 200
Pacific Highway, Crows Nest 2065, be appointed Liquidator.

Dated this 30th day of September 2004

Ian Thomas Stephenson
Liquidator
Ian Stephenson & Partners
Chartered Accountants
200 Pacific Highway,
Crows Nest NSW 2065.
Telephone: (02) 9922 2833


ALWAYS AT CALL: To Wind Up Voluntarily
--------------------------------------
Notice is hereby given that at a general meeting of members of
Always At Call Pty Limited (In Liquidation) A.C.N. 084 756 972
held on 5 October 2004, it was resolved that the Company be
wound up voluntarily and that for such purpose Danny Vrkic of
Jirsch Sutherland & Co.  Wollongong be appointed Liquidator. A
meeting of creditors held later that day confirmed this
appointment.

Dated this 12th day of October 2004

Danny Vrkic
Liquidator
Jirsch Sutherland & Co
Chartered Accountants
Level 2, 63B Market Street,
Wollongong NSW 2500


APC COMPUTER: Final Meeting Slated for November 23
--------------------------------------------------
Notice is hereby given that at final meeting of members and
creditors of APC Computer Services Pty Ltd (In Liquidation)
A.C.N. 006 227 041 will be held at the offices of Brooke Bird &
Co, Chartered Accountants, 471 Riversdale Road, Hawthorn East,
3123, on Tuesday the 23rd of November 2004 at 9:30 a.m., 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 explanations that
may be given by the Liquidators.

Dated this 6th day of October 2004

Peter Goodin
Robyn Erskine
Joint & Several Liquidators
Brooke Bird & Co
Chartered Accountants
471 Riversdale Road,
Hawthorn East 3123
Telephone: 9882 6666


AUSTRALIAN GAS: Disposes of NGC Stake
-------------------------------------
The Australian Gas Light Company (AGL) has opted to divest its
shares in NGC Holdings Limited to Vector Limited, according to
Asia Pulse.

The sale of AGL's 64.2-percent stake in NGC was expected to
generate net proceeds of around AU$760 million (US$590.98
million) at a sale price of NZ$2.91 per share.

AGL said the sale price reflects the original sale price of
NZ$3.00 per share less the dividend of NZ$0.09 per share paid by
NGC subsequent to the original announcement of the sale and
purchase agreement.

"Vector will now be required to make a full takeover offer for
NGC and AGL will sell into this offer," AGL said.

The offer is conditional on New Zealand Commerce Commission
approval.

CONTACT:

The Australian Gas Light Company
AGL Centre
Cnr Pacific Highway and Walker Street
North Sydney NSW 2060
Telephone: (02) 9922  0101
Fax: (02) 9957 3671
Web site: http://www.agl.com.au/


BEXBARR PTY: To Undergo Winding Up Process
------------------------------------------
Notice is hereby given that at a General Meeting of Members of
Bexbarr Pty Ltd (In Liquidation) A.C.N. 004 489 258 duly
convened and held at Level 8, 161 Collins Street, Melbourne on 4
October 2004, a Special Resolution that the Company be wound up
voluntarily was passed by members and G.M. Rambaldi was
appointed Liquidator.

Dated this 5th day of October 2004

G.M. Rambaldi
Liquidator
Pitcher Partners
Level 6, 161 Collins Street,
Melbourne Vic 3000


CHEMEQ LIMITED: Fired Chief Claims She "Was Made Scapegoat"
-----------------------------------------------------------
Chemeq Limited's former global marketing head said she was fired
from her high-paying position in a bid by the firm's CEO to
shift the blame for "misleading" statements made to the stock
exchange and financial markets, The West Australian relates.

Former marketing chief Leearne Hinch revealed she was rated
"excellent" by CEO Graham Melrose and was given an AU$15,000
bonus on top of an AU$20,000 pay rise on her AU$195,000 base
package just five weeks before she was ousted on June 14.

In a statement of claim lodged with the Federal Court against
Chemeq for breach of contract and damages, Dr. Hinch claimed she
warned the Company in April that the statements it made about
the potential of its microbial product were deceiving.

Dr. Hinch's statement of claim alleges that in May she was
accused by Dr. Melrose of producing a "negative and pessimistic"
pricing document at a late stage in the marketing process,
placing him in an indefensible position with financiers over the
representations he made. In addition, Dr. Melrose accused her of
failing to advise him about price matters in South Africa.

Dr. Hinch was then sacked the following month over her alleged
failure to have a distribution agreement signed before the South
African launch of Chemeq'ds product, among others.

A Chemeq spokesman rebuffed Dr. Hinch's claim, saying Chemeq was
fully aware of its disclosure obligations and had always
complied with them.

CONTACT:

Chemeq Limited
Suite 8 Petroleum House
3 Brodie Hall Drive, Technology Park
Bentley, Australia, 6102
Telephone: 08 9362 0100
Fax: 08 9355 0199
Web site: http://www.chemeq.com.au/


CHOICE WOOL: Winds Up Voluntarily
---------------------------------
Notice is hereby given that at an extraordinary general meeting
of members of Choice Wool Pty Ltd A.C.N. 085 364 370 held on 4
October 2004 it was resolved that the Company be wound up
voluntarily.

At a meeting of creditors held on the same day, it was resolved
that for such purpose, Stan Traianedes of Hall Chadwick,
Chartered Accountants, Level 9, 459 Collins Street, Melbourne be
appointed Liquidator.

Dated this 5th day of October 2004

Stan Traianedes
Liquidator
Hall Chadwick
Chartered Accountants
Level 9, 459 Collins Street,
Melbourne Vic 3000


COLEBROOK PTY: Members Resolve to Voluntarily Wind Up
-----------------------------------------------------
At a General Meeting of Colebrook Pty Ltd A.C.N. 008 438 186,
duly convened and held at 399-405 Bong Bong Street, Bowral NSW
2576 on the 7th of October 2004 the following Special Resolution
passed:

That the Company be wound up as a Members' Voluntary Liquidation
and that the assets of the Company may be distributed in whole
or in part to the members in specie should the liquidators so
desire.

Dated this 8th day of October 2004

John W. Cary
Liquidators
Bray & Associates
399-405 Bong Bong Street,
Bowral NSW 2576


CORRPRO AUSTRALIA: Ex-Director Faces Jail Sentence for Fraud
------------------------------------------------------------
Mr. Gregory John Waring, the former managing director of Corrpro
Companies Australia Pty Ltd (Corrpro Australia), was sentenced
to two years and 10 months imprisonment on charges brought by
the Australian Securities and Investments Commission (ASIC).

Mr. Waring, of Taylors Lakes, Victoria, pleaded guilty in the
County Court of Victoria to five charges under the Crimes Act
1958 and three charges under the Corporations Act 2001,
following an ASIC investigation into his conduct as managing
director of Corrpro Australia.

The sentence was made up of 15 months for the Corporations Act
2001 offences and 34 months for the Crimes Act 1958 offences.
These sentences are to be served concurrently and Mr. Waring is
to be released after serving four months of actual imprisonment.
In relation to the Corporations Act 2001 offences, Mr. Waring
was also ordered to enter into a recognizance of $10,000 for
five years, to commence after his release from prison.

ASIC alleged Mr. Waring falsified the accounts of Corrpro
Australia, which was predominantly involved in the design,
supply and installation of corrosion protection systems. Corrpro
Australia was a subsidiary of the United States-based Corrpro
Companies Inc., which is listed on the American Stock Exchange
(AMEX). Following the detection of the accounting
irregularities, Corrpro Inc re-stated its 2001 accounts, which
reduced its net income by US$3.6 million. Corrpro Australia is
now in liquidation.

ASIC further alleged Mr. Waring:

(1) Provided false information to Corrpro Australia's auditors,
KPMG and the Australian Taxation Office;

(2) Obtained a financial advantage by deception, by using
falsified accounts to obtain credit from the Bank of Melbourne;
and

(3) Improperly used his position as managing director.

The Executive Director of Enforcement, Ms. Jan Redfern said the
case highlighted how important it was for directors to keep
proper Company records and provide accurate accounts to
auditors.

"This result shows that ASIC is serious about ensuring that
standards of corporate governance in Australia are maintained
and that breaches of those standards are policed. In this case,
ASIC's work has had a wide-reaching effect because it has been
directly relevant to corporations and financial markets in other
jurisdictions."

"This case also illustrates the strong working relationship that
ASIC has with the United States Securities and Exchange
Commission, whose assistance has helped to bring this matter to
Court and uphold an important aspect of corporate law," Ms.
Redfern said.

Mr. Waring is the last of three co-accused men to be sentenced
in relation to this matter. Mr. Craig Leigh Treloar and Mr.
Gregory John Wilson were sentenced for similar offences on 25
May 2004.

The Commonwealth Director of Public Prosecutions prosecuted the
matter.

For information on the action taken by the United States
Securities and Exchange Commission (SEC) regarding this matter,
see the SEC's litigation releases (No. 18547 and 18739) at
http://www.sec.gov/litigation/litreleases.shtml.


DERLOCK PTY: To Hold Final Meeting on December 1
------------------------------------------------
Notice is hereby given pursuant to Section 509(1) of the
Corporations Act 2001 that a final general meeting of the
members and creditors of Derlock Pty Ltd (In Liquidation) A.C.N.
050 192 526 will be held at the offices of PPB, Level 10, 90
Collins Street, Melbourne 3000 on Wednesday 1 December 2004 at
10:00 a.m. 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 hearing any
explanations that may be given by the liquidator.

Dated this 5th day of October 2004

Andrew Mclellan
Liquidator
Derlock Pty Ltd
PPB
Chartered Accountants
Level 10, 90 Collins Street,
Melbourne Vic 3000


GARRY MCEWAN: Final General Meeting Set November 24
---------------------------------------------------
Notice is hereby given pursuant to Section 509(1) of the
Corporations Act 2001 that a final general meeting of the
members and creditors of Garry Mcewan Gallery Pty Ltd (In
Liquidation) A.C.N. 083 249 889 will be held at the offices of
PPB, Level 10, 90 Collins Street, Melbourne 3000 on 24 November
2004 at 10:00 a.m. 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
hearing any explanations that may be given by the liquidator.

Dated this 7th day of October 2004

Nicholas Martin
Liquidator
Garry McEwan Gallery Pty Ltd
PPB
Chartered Accountants
Level 10, 90 Collins Street,
Melbourne Vic 3000


H&D JOZWIK: Issues Winding Up Notice
------------------------------------
Notice is hereby given that at meetings of Members and Creditors
held on the 7th day of October 2004, it was agreed by Special
Resolution that H&D Jozwik Pty Ltd (In Liquidation) A.C.N. 102
973 946 be wound up voluntarily as a Creditors Voluntary Winding
Up and that Geoffrey Charles Ridgeway & Russell Graeme Peake,
Chartered Accountants and Registered Liquidators of Jenkins
Peake & Co., 1st Floor, Lexen Building, 200 Malop Street,
Geelong, 3220, be appointed Joint and Several Liquidators for
the purpose of the winding up.

Any information in regard to the Report as to Affairs or the
liquidation generally, may be obtained by contacting our office.

Dated this 7th day of October 2004

Geoffrey Ridgeway
Russell Peake
Liquidator
Jenkins Peake & Co
P.O. Box 1570, Geelong 3220
Telephone: (03) 5223 1000,
Facsimile: (03) 5221 4938


J&J MELLON: Appoints R.M.H. Cole as Liquidator
----------------------------------------------
Notice is hereby given that at a meeting of creditors of J&J
Mellon Pty Ltd (In Liquidation) A.C.N. 006 180 525 convened
pursuant to Section 439A of the Corporations Act 2001 held on 5
October 2004, it was resolved that the Company be wound up and
pursuant to Section 446A(4) of the Corporations Act 2001, Robert
M.H. Cole of Cole Downey & Co, Chartered Accountants, Level 1,
22 William Street, Melbourne Vic 3000 was appointed Liquidator.

Dated this 6th day of October 2004
R.M.H. Cole
Liquidator
Cole Downey & Co
Chartered Accountants
Level 1, 22 William Street,
Melbourne Vic 3000


NATIONAL AUSTRALIA: APRA Orders Urgent Review of IT Systems
-----------------------------------------------------------
National Australia Bank has been ordered by the Australian
Prudential Regulatory Authority (APRA) to undertake an urgent
review of its IT system following the loss of AU$360 million on
the bank's currency options desk, reports Finextra.

The Australian regulatory body advised NAB to evaluate plans for
trading system implementation to see "if the timeframe for
implementation of system upgrades, including development of
better system interfaces, should be accelerated".

APRA particularly requires NAB to revisit the processes employed
in the development, implementation and upgrades of the Horizon
system.

Horizon, the risk management and pricing system that was
exploited by currency options traders to mask their unauthorized
dealings, was initially developed by Sydney software Company
Triaxia. NAB has been unable to produce any documentation
relating to upgrades to the system following installation in
2002.

APRA is particularly critical of the failings, and says NAB
should work to "identify any non-compliance with NAB policies on
user acceptance testing and system change control processes".

In addition, APRA raised the bank's capital reserve target to 10
percent and withdrew the approval it previously granted NAB to
use internal models in the determination of market risk capital.

In response to APRA's call, NAB CEO John Stewart vowed to
implement as quickly as possible the remedial actions mandated
by the regulatory body.

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/


PARKLANE FURNITURE: Placed Under Voluntary Winding Up
-----------------------------------------------------
Notice is hereby given that at an extraordinary general meeting
of members of Parklane Furniture Pty Ltd (In Liquidation) held
on the 30th day of September 2004, it was resolved that the
Company be wound up voluntarily and that for such purpose Ian
George Douglas, Chartered Accountant, of Douglas Clark
Associates, Chartered Accountants of Floor 1, 249 Bouverie
Street, Carlton, Vic 3053, be appointed liquidator.

Dated this 1st day of October 2004

Ian George Douglas
Liquidator


PETANGEL PTY: To Declare Final Dividend on December 9
-----------------------------------------------------
A final dividend is to be declared on 9 December 2004 for
Petangel Pty Limited A.C.N. 084 568 445 (Subject To Deed Of
Company Arrangement).

Creditors whose debts or claims have not already been admitted
were required on 9 November 2004 to formally prove their debts
or claims. If they do not, they will be excluded from the
benefit of the dividend.  Claim forms can be obtained from the
liquidator.

Dated this 19th day of October 2004

Roderick Mackay Sutherland
Deed Administrator
Jirsch Sutherland Chartered Accountants
Level 2, 84 Pitt Street, Sydney NSW 2000
Telephone: (02) 9233 2111,
Facsimile: (02) 9233 2144


QANTAS AIRWAYS: Works on Closer Ties with Air France
----------------------------------------------------
Qantas Airways Limited plans to expand its cooperative
relationship with Air France SA into China, Dow Jones reports.

The move was proposed in less than a month after the two
airlines launched code-share flights on the Singapore-Paris
route.

Qantas Chief Executive Officer Geoff Dixon reportedly went to
Paris last week to arrange a co-pricing deal with Air France to
some Asian destinations, including China.

If Qantas clinches the deal, the Australian carrier will be able
to extend its exposure to the rapidly growing Chinese market, as
Air France serves flights to Shanghai, Guangzhou, Beijing and
Canton.

CONTACT:

Qantas Airways
Qantas Centre, Level 9,
Building A, 203 Coward Street,
Mascot, Nsw, Australia, 2020
Head Office Telephone: (02) 9691 3636
Head Office Fax: (02) 9691 3339
Web site: http://www.qantas.com


QANTAS AIRWAYS: Real Estate Agent Guilty of Insider Trading
-----------------------------------------------------------
Mr. Robert (Bart) Doff, a Sydney real estate agent, was on
Friday found guilty on one count of insider trading in the
shares of Qantas Airways Ltd (Qantas), following an
investigation by the Australian Securities and Investments
Commission (ASIC).

The verdict followed a 10-day trial in the Supreme Court of New
South Wales before Justice Barr.

Mr. Jeffrey Lucy, Chairman of ASIC, noted the verdict.

"Insider trading is a serious offence and today's outcome should
act as a warning to others who may be tempted to convert
confidential information to personal profit," Mr. Lucy said.

"Mr Doff's behavior undermined the integrity and fairness of the
stockmarket."

"The community should feel confident that the Australian stock
market is an equal playing field that is not open to
interference by a select few. ASIC will not tolerate people who
disregard their responsibilities and use confidential
information in a calculated way for personal gain," Mr. Lucy
said.

The trial followed an investigation by ASIC into the
circumstances surrounding trading in Qantas shares shortly
before Qantas announced that it would take over the operations
of Impulse Airlines.

ASIC had alleged that Mr. Doff contravened the insider trading
provisions of the Corporations Act 2001 when, on 24 April 2001,
he purchased 20,000 Qantas shares.

The shares were purchased in the name of Jetoten Pty Ltd, a
Company of which Mr. Doff is the sole director.

Mr. Doff will appear for sentencing on Dec. 17, 2004.

The matter is being prosecuted by the Commonwealth Director of
Public Prosecutions.


STEEVAC PTY: To Declare Final Dividend on December 9
----------------------------------------------------
A final dividend is to be declared on 9 December 2004 for
Steevac Pty Limited A.C.N. 076 570 708 (Subject To Deed Of
Company Arrangement).

Creditors whose debts or claims have not already been admitted
were required on or before 9 November 2004 to formally prove
their debts or claims. If they do not, they will be excluded
from the benefit of the dividend.  Claim forms can be obtained
from me.

Dated this 19th day of October 2004

Roderick Mackay Sutherland
Deed Administrator
Jirsch Sutherland Chartered Accountants
Level 2, 84 Pitt Street, Sydney NSW 2000
Telephone: (02) 9233 2111,
Facsimile: (02) 9233 2144


WINDSOR CARPORTS: Undergoes Voluntary Winding Up
------------------------------------------------
Notice is hereby given that at a meeting of Windsor Carports And
Patio Covers Pty Limited (In Liquidation) A.C.N. 098 292 954
held on 1 October 2004 the following Special Resolution was
passed:

That as the Company is unable to pay its debts as and when they
fall due, the Company be wound up voluntarily and that Robert
Moodie be appointed Liquidator for the purpose of such winding
up.

Robert Moodie
Liquidator
c/- Rodgers Reidy
Level 8, 333 George Street,
Sydney NSW 2000


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


ALPHA GENERAL: Posts HK$7.671-Mln Net Loss
------------------------------------------
Alpha General (Holdings) Limited posted a net loss of HK$7.671
million for the six months ended September 30.

The amount posted was compared to a net loss of HK$8.761 million
for the previous corresponding period. The LPS was HK$0.0395. No
interim dividend was declared.

Alpha General (Holdings) Limited announced on November 19, 2004.
Currency: HKD
Auditors' Report: N/A
Interim report reviewed by: Both Audit Committee and Auditors

                                                 (Unaudited)
                               (Unaudited)       Last
                               Current           Corresponding
                               Period            Period
                               from 1/4/2004     from 1/4/2003
                               to 30/9/2004      to 30/9/2003
                         Note        (HK$)           (HK$)
Turnover                           : 139,075,000     113,778,000
Profit/(Loss) from Operations      : (6,783,000)     (8,235,000)
Finance cost                       : (869,000)         (411,000)
Share of Profit/(Loss) of
  Associates                       : N/A                N/A
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A
Profit/(Loss) after Tax & MI       : (7,671,000)     (8,761,000)
% Change over Last Period          : N/A       %
EPS/(LPS)-Basic (in dollars)       : (0.0395)           (0.0451)
         -Diluted (in dollars)     : N/A                N/A
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A
Profit/(Loss) after ETD Items      : (7,671,000)     (8,761,000)
Interim Dividend                   : Nil                Nil
  per Share
(Specify if with other             : N/A                N/A
  options)

B/C Dates for
  Interim Dividend                 : N/A
Payable Date                       : N/A
B/C Dates for (-)
  General Meeting                  : N/A
Other Distribution for             : N/A
  Current Period

B/C Dates for Other
  Distribution                     : N/A

Remarks:

Loss Per Share

The calculation of the basic loss per share for the period is
based on the following data:

                                    Six months ended
                                30.9.2004              30.9.2003
                                HK$'000                HK$'000

Loss for the purposes of basic
and diluted loss per share
(net loss for the period)        (7,671)         (8,761)
                                 ========        ========

Number of ordinary shares for
the purpose of basic earnings
per share                         194,165,900      194,165,900
                                  ===========      ===========


No diluted loss per share has been presented, as the exercise of
share options would result in a reduction in loss per share.


ASEAN INTERESTS: Court To Hear Winding Up Application
-----------------------------------------------------
Notice is hereby given that an application for the stay of the
winding up of Asean Interests Limited by the High Court of Hong
Kong Special Administrative Region and the hearing of the
application is scheduled to be heard before the Court at 9:30 am
on the 1st day of December 2004.

Any creditor or contributory of the said Company desirous to
support or oppose the making of an order to stay the winding-up
of the Company may appear at the time of hearing by himself or
his counsel for that purpose.

Any person who intends to appear at the hearing of the above
hearing must serve on or send by post to the above-named
solicitors, 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
below-named solicitors not later than 26th day of November 2004.

A copy of the Summons together with the supporting
Affirmation(s) will be furnished to any creditor or contributory
of the Company requiring the same by the undersigned on payment
of the necessary photocopying and postage charges.

Dated this 16th day of November 2004

Stephenson Harwood & Lo
Solicitors for the Applicant
18th Floor, Edinburgh Tower
The Lankmark
15 Queen's Road Central
Hong Kong
Phone: + 852 2868 0789
Fax: + 852 2868 1504


CCID CONSULTANTS: Unveils Financial Statement
---------------------------------------------
CCID Consultants Company Limited has released its financial
statement ended September 30, 2004 at Growth Enterprise Market
(GEM) web site.

Cost of Sales increased by CNY8,694,306 from the amount of
CNY5,216,966 the past year of the same period. Turnover,
however, increased to CNY11,840,443 from CNY10,326,285 in the
same period the past year.

To view the entire document click on:
http://bankrupt.com/misc/tcrap_ccidconsultants111804.pdf


CHIU LUN: Creditors To Submit Claims by December 16
---------------------------------------------------
Notice is hereby given that the Creditors of Chiu Lun Container
Transportation Company Limited, which is being voluntarily
liquidated, are required on or before the 16th day of December
2004 to send their names, addresses and descriptions, full
particulars of their debts or claims, as well as the names and
addresses of their solicitors (if any) to the undersigned.

If so required by notice in writing from the said liquidators,
they are to prove their debts or claims at such time and place
as shall be specified in such notice. In default thereof, such
creditors will be excluded from the benefit of any distribution
before such debts are proved.

Dated this 15th day of November 2004

Leung Fung Yee Alice
Liquidator
5th Floor, Jardine House
1 Connaught Place, Central
Hong Kong


EASY WATCH: Court Fixes Hearing Date on January 7
-------------------------------------------------
Pursuant to Rule 45 of the Companies (Winding-up) Rules and
according to the instruction of Master S. Kwang of the High
Court of the Hong Kong Special Administration Region, a hearing
has been fixed on 7 January 2005 at 9:30 a.m. at High Court,
High Court Building, 38 Queensway, Hong Kong for Court to
consider the application for appointment of Mr. Chan Mo Po and
Ms. Chua Suk Lin, Ivy as joint and several liquidators of Easy
Watch Products Manufactory Company Limited and other
applications.

Ms. Chua Suk Lin, Ivy
Joint and Several Provisional Liquidator
Dated this 12 November 2004

Paul Chan & Partners
Suited 2205, Island Place Tower
510 King's Road, North Point
Hong Kong


FORD SHEEN: Winding Up Hearing Set December 8
---------------------------------------------
Notice is hereby given that a Petition for the Winding Up of
Ford Sheen Development Limited by the High Court of Hong Kong
Special Administrative Region was on the 25th day of October
2004 present 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.

Tsang, Chan & Wong
Solicitors for the Petitioner
16th Floor, Wing On House
71 Des Voeux Road 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.


FU HANG: To Declare Intended Dividend
-------------------------------------
Notice is hereby given that dividends of Sit Kam Fu Eric trading
as Fu Hang Drayage Service Company are intended to be declared
in the above matters.

Creditors who have not proved their debts by 27th of November
2004 will be excluded from the above dividends.

Dated this 12th day of November 2004

E T O'CONNELL
Official Receiver & Trustee


FULLY WIN: Receives Bankruptcy Order
------------------------------------
Notice is hereby given that a Bankruptcy Order against To Chi
Wai trading as Fully Win Hot Pot Seafood Restaurant were made on
3rd November 2004.

All debts due to the estates should be paid to the undersigned.

Dated this 12th day of November 2004.

E T O'CONNELL
Official Receiver


GOLD WO MELAMINE: Court To Consider Appointment of Liquidators
--------------------------------------------------------------
Notice is hereby given that pursuant to the directions made by
Master S. Kwang of the High Court, a hearing has been fixed to
be held on 30 November 2004 (Tuesday) at 2:30 p.m. at High
Court, High Court Building, 38 Queensway, Hong Kong for the
purpose of considering the application for appointments of
liquidators of Gold Wo Melamine Product Company Limited.

Dated this 17th day of November 2004

JACKY CW MUK
Joint and Several Provisional Liquidator


GOLD WO INTERNATIONAL: Petition Hearing Set November 30
-------------------------------------------------------
Notice is hereby given that pursuant to the directions made by
Master S. Kwang of the High Court, a hearing has been fixed to
be held on 30 November 2004 (Tuesday) at 2:30 p.m. at High
Court, High Court Building, 38 Queensway, Hong Kong for the
purpose of considering the application for appointments of
liquidators of Gold Wo International Holdings Limited.

Dated this 17th day of November 2004

JACKY CW MUK
Joint and Several Provisional Liquidator


RICHLINK ASIA: Court to Hear Petition on November 30
----------------------------------------------------
Notice is hereby given that pursuant to the directions made by
Master S. Kwang of the High Court, a hearing has been fixed to
be held on 30 November 2004 (Tuesday) at 2:30 p.m. at High
Court, High Court Building, 38 Queensway, Hong Kong for the
purpose of considering the application for appointments of
liquidators of Richlink Asia Limited.

Dated this 17th day of November 2004

JACKY CW MUK
Joint and Several Provisional Liquidator


WAM!NET HONGKONG: Creditors to Prove Claims by November 29
----------------------------------------------------------
Notice is hereby given that creditors of Wam!net HongKong
Limited, which is in Member's Voluntary Liquidation are required
(if they have not already done so), on or before the 29th of
November 2004, to send their names, addresses, and particulars
of their debts, or claims, and the name and address of their
solicitors, if any to the undersigned at the 13th Floor,
Gloucester Tower, The Landmark, 11 Pelder Street, Central Hong
Kong.

If so required by notice in writing from the said liquidators,
they are to come in personally or by their solicitors and prove
their debts or claims at such time and place as shall be
specified in such notice.

In default thereof, they will be deemed to waive all such debts
or claims and the Liquidators will be entitled seven days after
the above date, to distribute any and all surplus assets or
funds available or any part thereof to the members.

Dated this 12th day of Nevember 2004.

Alan C W Tang
Wong Kwok Man
Joint and Several Liquidators


* S&P Says Two Banks Up for Reform
----------------------------------
Standard and Poor's disclosed two troubled state banks are on
the pipeline for reform, according to The Standard.

State-owned banks, Industrial & Commercial Bank of China (ICBC)
and Agricultural Bank, are to be restructured since they are
believed to be incapable of addressing a combined CNY1.4
trillion (HK$1.31 trillion) in non-performing loans.

The banks' problems are attributed to Beijing's long-standing
practice of direct lending to address social or political needs
without much regard for financial viability.

Although the inefficient practice is seen less these days,
Agricultural Bank is still called upon to support impoverished
farmers with loans they cannot possibly repay. ICBC, on the
other hand, still has loans in its books that are un-
collectible.

ICBC, the largest bank in China in terms of assets, deposits and
market share, has NPLs made up 24.9 percent of loans outstanding
at the end of last year while it had written off only 2.46 per
cent.

Meanwhile, Agricultural Bank has NPLs worth CNY695 billion, with
its official NPL ratio higher by 30.66 percent at the end of
last year.

Beijing has already bailed out Bank of China and Construction
Bank with US$45 billion (HK$351 billion) late last year ahead of
share sales next year. It also transferred US$34.5 billion in
impaired assets to asset management Company Cinda through an
indirect capital injection.

As of June, Construction Bank's NPL ratio had fallen to 3.08 per
cent and Bank of China's was 5.46 per cent.


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


DIRGANTARA INDONESIA: Three Countries Eye Aircraft Purchase
-----------------------------------------------------------
Several potential clients have expressed interest in buying PT
Dirgantara Indonesia's aircraft despite the firm's financial
plight and labor issues, according to The Jakarta Post.

The United Arab Emirates (UAE), Bangladesh and Malaysia, who
refused to be threatened by Dirgantara's current situation, have
announced their intent of purchasing three CN-235 aircraft each,
with one aircraft priced at US$15 million.

Dirgantara President Director Edwin Soedarmo said the firm is
still in talks with the governments of the three countries,
saying the deal will depend on whether Dirgantara could deliver
the CN-235 ordered by Pakistan and Malaysia on schedule.

Dirgantara is currently manufacturing two aircraft for Pakistan
and another two for Malaysia worth about US$22 million and US$32
million, respectively.

Dirgantara, formerly known as PT Idustri Pesawat Terbang
Nusantara, made headlines mid-last year when it suspended 9,670
workers due to financial constraints as the Company had been
facing difficulties in selling its aircraft.

CONTACT:

Pt Dirgantara Indonesia
Jl. Pajajaran no. 154 Bandung 40174,
Indonesia
Phone: 62-22-6034562, 62-22-6010754, 62-22-6010759
Fax: 62-22-6019538, 62-22-6075671, 62-22-6031696
E-mail: infosales@indonesian-aerospace.com


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


ALL NIPPON: Joins Forces with Qatar Airways
-------------------------------------------
All Nippon Airways (ANA) and Qatar Airways will commence a
reciprocal Frequent Flyer Programme agreement on December 1 this
year, giving the 1.1 million plus ANA Mileage Club (AMC) members
and around 70,000 Qatar Airway's Privilege Club members the
ability to accrue and redeem mileage on the entirety of each
others' networks.

Qatar Airways is the national carrier of the Arabian Gulf State
of Qatar and one of the fastest growing airlines in the world,
aiming to extend its network from the present 53 destinations to
70 by the end of next year.

Its expansion plans also include non-stop flights from Doha to
Osaka (Kansai) from spring 2005. Qatar Airways serves Europe,
the Middle East, North Africa and the Far East with one of the
world's youngest fleets, and offers added value to AMC members
who travel to Qatar and beyond on business or pleasure.

Likewise, Qatar Airways' Frequent Flyers traveling on domestic
or international ANA flights will be able to accrue Privilege
Club miles for redemption against a variety of products and
services, including award flights or upgrades.

ANA is one of the top 10 ten air passenger carriers in the world
with an extensive domestic network covering the whole of Japan,
and flights to 22 overseas destinations in Europe, North
America, Asia and the Pacific.

This tie-up marks the start of an alliance between ANA and Qatar
Airways, which both carriers hope to expand in the future.

CONTACT:

Rob Henderson
ANA Public Relations
E-mail: r.henderson@ana.co.jp

All Nippon Airways Co., Ltd.
Shiodome City Center,
1-5-2 Higashi-Shimbashi, Minato-ku
Tokyo, 105-7133, Japan
Phone: +81-3-6735-1000
Fax: +81-3-6735-1005
Web site: http://www.ana.co.jp


JAPAN AIRLINES: To Launch Code Share Flights with U.S. Carrier
--------------------------------------------------------------
Japan Airlines and American Airlines will launch a new daily
non-stop code share flight between Nagoya and Chicago in April
2005 with the first departure from Centrair Airport, Nagoya, on
April 4, the Japanese carrier disclosed in a media release.

JAL and American Airlines will inaugurate the new code share
service on April 3 from O'Hare and the first inbound flight will
arrive at Centrair on April 4. The first outbound flight will
depart from the new Centrair Airport at 1800 local time,
arriving at O'Hare Airport, Chicago, at 1540 the same day.

Adding Chicago as a new JAL transpacific destination from the
new Centrair Airport, which opens February 17, 2005, is a big
boost to the airline's international network from the central
Japan region. When Centrair opens JAL will also inaugurate daily
flights to Paris and add a new service to Guangzhou, China,
with. three weekly flights.

The new Nagoya-Chicago link will be operated by a 236-seat
American Airlines 777-200 offering three classes with 16 seats
in first class, 35 seats in business class and 185 economy class
seats. The flight will be open for sale from the latter half of
January 2005.

Departure of the new daily Nagoya-Chicago flight is well timed
for JAL domestic connections from Kushiro and Sapporo in
Hokkaido, Hanamaki in northeastern Japan and Nagasaki and
Kagoshima in Kyushu.

JAL and American Airlines have had a close business relationship
since 1995. In 1999 the two carriers launched an extensive code
share programme that currently includes transpacific flights
from Narita to San Jose, Los Angeles, Dallas Fort Worth, Chicago
and New York (JFK) and flights between a network of cities in
North and Central America out of AA hubs in Chicago, Los
Angeles, New York (JFK), Dallas Fort Worth and San Francisco

From their Chicago hub, AA and its Group affiliate American
Eagle serve more than 110 cities with 550 daily flights.
Destinations include non-stop service to cities in the USA,
Canada and Mexico and connecting flights to points in Brazil and
Central and South America.

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


JAPAN AIRLINES: Unions Call Off Planned Strike
----------------------------------------------
A planned strike against Japan Airlines Corporation was called
off by a group of labor unions Thursday, says the Associated
Press.

The unionists, who were demanding for higher winter bonuses,
decided to call off the one-day walkout that would have forced
Japan Airlines to cancel 155 of its 632 domestic flights.

The JAL Flight Crew Union said in a statement they cancelled the
protest because the airline's management offered to consider
hiring an unspecified number of cabin attendants and taking
other steps.

Among union demands were an increase of cabin attendants to help
them take paid-holidays more easily.

Also, union members have demanded a benchmark year-end bonus of
697,000 yen ($6,702) for the average 27-year-old worker. Last
week, JAL management offered to pay 510,000 yen ($4,857) - or 27
percent less.


KAJIMA CORPORATION: Slips Into Red with JPY2.61-Bln Loss
--------------------------------------------------------
Construction giant Kajima Corporation fell into the red in the
April-September fiscal half, incurring JPY2.61 billion in group
net losses, Kyodo News reveals.

Kajima, which posted JPY6.08 billion in group net profit a year
earlier, ascribed its interim net loss to JPY19.4 billion in
extraordinary losses.

To view the Company's financial statements, click on:
http://bankrupt.com/misc/TCRAP_KAJIMACORPORATION111904.pdf

CONTACT:

Kajima Corporation
2-7 Moto-Akasaka 1-Chome
Minato-Ku 107-8388, Tokyo 107-8388
Japan
Phone: +81 3 3404 3311
Fax: +81 3 3470 1444
Web site: http://www.kajima.co.jp/


MITSUBISHI MOTORS: To Enter Malaysian Passenger Car Market
----------------------------------------------------------
Mitsubishi Motors Corporation (MMC) will enter the Malaysian
passenger car market through a partnership of Japanese trading
house Mitsubishi Corporation and auto distributor EON, according
to Jiji Press.

The new entity Mitsubishi Motors Malaysia Sdn. Bhd. will be 52-
percent owned by Mitsubishi Corporation and 48-percent held by
EON and will start selling all Mitsubishi-brand vehicles from
January.

Ailing Mitsubishi Motors, which is likely to acquire a stake in
the joint venture in the future, hopes to sell 10,000 vehicles a
year through the joint venture, up from the current 5,600.

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


RESONA HOLDINGS: Unveils New Business Revitalization Plan
---------------------------------------------------------
During the Intensive Revitalization Period (till the end of
March 2005), Resona Holdings Incorporated, under the initiatives
of the new management team, took the infusion of substantial
public funds with the utmost seriousness and has aggressively
taken every step towards a goal of becoming a financial services
Company.

Among the steps taken were a financial reform implemented with a
view to drastically dispose of non-performing loans (NPLs), and
a series of internal reforms including full-scale restructuring
efforts.

Based on the various reforms implemented through the Intensive
Revitalization Period, Resona Group positions this as a new plan
covering a next phase for Resona Group to make a shift from
"revitalization" to "leap forward."

Under the new plan, Resona Group aims at becoming a group of
community banks which are most favored and selected by
communities and customers in Osaka Prefecture, Saitama
Prefecture, Tokyo Metropolis and other areas.

Three pillars for the medium-term management strategy are 1)
customer-centric and community-based business operations, 2)
pursuit of higher productivity through service quality and low-
cost operations, and 3) nurturing of service culture.

This plan covers the period up to the end of March 2008. The
concept for the period till the end of March 2007 is "to make a
shift from restructuring to strengthening of marketing" and in
the fiscal year ending March 2008 and after, Resona Group will
intensively work on the challenge of "maximizing its corporate
value."

To view the entire release, click on:
http://bankrupt.com/misc/TCRAP_2RESONAHOLDINGS111904.pdf

CONTACT:

Resona Holdings, Inc.
2-1, Bingomachi 2-chome, Chuo-ku
Osaka, 540-8608, Japan
Phone: +81-6-6271-1221
Fax: +81-6-6268-1337
Web site: http://www.resona-hd.co.jp


RESONA HOLDINGS: To Merge Two Wholly Owned Units
------------------------------------------------
Resona Holdings, Inc. has reached a basic agreement for the
merger between Resona Bank, Ltd. and The Nara Bank, Ltd., both
of which are its 100% subsidiaries, planned on January 1, 2006
contingent on the approvals from competent authorities.

Resona Group is aiming at becoming a group of community banks
which are most favored and selected by regional communities and
customers. Towards this goal, through the merger, the merged
entity can further strengthen its marketing capacity in Nara
Prefecture and thus improve the quality of services offered to
the customers in the region.

Through the intended merger, Resona Bank can further strengthen
its area management system* in Nara Prefecture, and Nara Bank
can strongly promote its unchanging motto of co-prospering with
the customers in Nara Prefecture.

In other words, the merger is an attempt to integrate Nara Bank
and the Nara area operation of Resona Bank. After the merger, by
fusing the particular strengths of both Nara Bank and Resona
Bank, the merged bank will actively promote the area management
system in which more authorities as well as responsibilities are
delegated to the Nara area.

To view the full release, click on:
http://bankrupt.com/misc/TCRAP_RESONAHOLDINGS111904.pdf


YUHKOUTOCHI K.K.: Enters Bankruptcy
-----------------------------------
Yuhkoutochi K.K. has entered bankruptcy with total liabilities
of US$126.67 million, according to Teikoku Databank America.

The firm, engaged in real estate management, is based in
Osakashi, Osaka 550-0004.

For more information, visit http://www.teikoku.com/or
office@teikoku.com or +1-212-421-9805.


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


HYNIX SEMICONDUCTOR: U.S. Duties on DRAM Most Likely to be Cut
--------------------------------------------------------------
A cut on the U.S. duties of Hynix Semiconductor Inc. may be
possible after regulators found an interim World Trade
Organization (WTO) report pertaining to a bailout not entirely
sponsored by the government, Reuters reports, citing sources
familiar with the situation.

Hynix's main creditor, Korea Exchange Bank, owned by the
government at that time and now controlled by U.S. fund Lone
Star, led the bailouts in 2001 and 2002.  Korea Development Bank
was also a key participant.  Private banks such as Shinhan Bank
and Hana Bank contributed relatively small amounts of aid.

The tariff was imposed because the ITC said Hynix received
government subsidies in the form of bailouts by creditors,
including state-owned banks.  The EU took similar action shortly
after, slapping on a 35 percent import tariff.  Hynix also faces
possible tariffs in Japan.

South Korea has filed a formal appeal to the WTO on both the
U.S. and EU rulings, saying the move virtually shuts the Company
out of two of its biggest markets.  Seoul has said the bailout
package was decided and provided by creditors on their own
judgment, not under government influence.

In the interim report by the WTO panel investigating the duties,
they have found that at least some of the aid given to Hynix was
not government subsidy, one of the sources said.

"This will likely lead to a certain cut in the countervailing
duty rate," said the source.

"They tend to be consistent in their decisions," he said. "In
all, the interim report is in favour of South Korea to some
extent," he added.

Hynix said it was not aware of details of the WTO investigation.
Seoul's foreign ministry declined to confirm any details, but
said it was reviewing the interim report.

The source added that any tariff cut may nevertheless be limited
in scale and will still leave some damaging impact on Hynix's
chip exports.

"I don't think it (the duty) can be lowered to single digits,"
he said. "A cut wouldn't mean much, because Hynix will still
face a higher trade barrier."

The higher tariff imposed on Hynix did not affect Hynix's
profit, instead the Company made a turn around in the first
quarter of this year, attributed to a rising price in DRAM.  It
continued to sell its DRAM chips to the United States by
sourcing sales from its U.S. plant, for which the duties are not
applied.

The United States is given a certain period during which it must
cut its tariff after the WTO makes a final ruling.  But the U.S.
is entitled to make an appeal.

CONTACT:

Hynix Semiconductor Inc. (HIS)
891 Daechi-dong, Kangnam-gu,
Seoul, Korea
Telephone: 82-2-3459-3470
Fax: 82-2-3459-5987/8
Web site: http://www.hynix.com


SK NETWORKS: Fails to Settle Row with Toyota's Korean Unit
----------------------------------------------------------
The dispute between SK Networks Co. and the Korean unit of
Toyota Motor Corp. has not been solved yet, reports Asia Pulse
citing a government-funded arbitration board Thursday.

The dispute on the dealership of the Lexus sedans in Korea began
in June of 2003 when Toyota's Korean unit canceled the Lexus
dealership contract with SK Networks due to fears the trading
Company may default on payments after its US$1.2 billion
accounting scandal erupted.  Since the scandal, SK Networks has
been on the verge of bankruptcy.

SK Networks claimed the cancellation was six months ahead of the
contract's expiry and lodged a complaint with the Korean
Commercial Arbitration Board, seeking financial compensation
worth KRW14 billion (US$13 million).

Officials of Toyota's Korean unit were not available for
comment.

"The two sides remain a long way apart, so there is no way to
reach an agreement," said a source close to the matter.

The row is the first legal dispute surrounding what the industry
calls an unfair contractual practice between imported car
sellers and domestic dealers amid the growing popularity of
imported cars.

With the row still unsettled, the board is expected to disclose
the announcement date when it will rule on the case within two
or three weeks.  If the board makes a decision, SK Networks and
Toyota's Korean unit will have no choice but to honor the
ruling, the board said.

CONTACT:

SK Networks Co.
Head Office
199-15, Euljiro-2Ga,
Jung-Gu, Seoul,
Korea 100-192,
Tel: 82-2-2221-2114
Fax: 82-2-754-9414
E-mail: webmaster@sknetworks.co.kr


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


ANTAH HOLDINGS: Oks Writing of Supplemental PA
----------------------------------------------
As part of its restructuring scheme, Antah Holdings Berhad had
on 23 August 2004 entered into a Share Purchase Agreement (SPA)
with Koh Tian Joo, Tan Hui Ken and Ngiow Lee Eng (collectively,
the WFE Vendors) to acquire 75% equity interest in Westform Far
East Sdn Bhd (WFE) for a purchase consideration of RM60,000,000
to be satisfied by the issuance of 90,000,000 new ordinary share
of RM0.50 each in Antah (Antah Shares) (Consideration Shares) at
an issue price of RM0.50 per Antah Share and RM15,000,000
nominal value of 2-year zero coupon irredeemable convertible
unsecured loan stocks (Consideration ICULS).

The Company had on 18 November 2004 agreed in writing
(Supplemental SPA) with the WFE Vendors to supplement and vary
certain terms and conditions of the SPA.

SALIENT TERMS OF THE SUPPLEMENTAL SPA

The salient variations to the SPA to be effected pursuant to the
Supplemental SPA are as follows:

(i) Antah and the WFE Vendors have agreed to extend the period
for Antah to conduct a legal and/or financial due diligence on
WFE in accordance with the terms of the SPA for a further thirty
(30) business days up to 31 December 2004;

(ii) The ranking of the Consideration Shares has been amended
from:

"..ranking pari passu in all respects with the then existing
issued shares of RM0.50 each in Antah except that they shall not
be entitled to any dividends or other form of distribution which
may be declared prior to the date of their allotment of the said
shares."

to:

"...ranking pari passu in all respects with the then existing
issued shares of RM0.50 each in Antah save and except that they
shall not be entitled to any new Antah Shares to be issued
pursuant to the Proposed Two-Call Rights Issue (Rights Shares)
or to any dividends, rights, allotment and/or other form of
distributions, the entitlement date of which is prior to the
allotment of the said shares. For the avoidance of doubt, the
Consideration Shares will not be entitled to any Rights Shares
notwithstanding that the entitlement date of which is after the
issue and allotment of the Consideration Shares."

(iii) The ranking of the new Antah Shares to be issued pursuant
to the conversion of the Consideration ICULS has been amended
from:

"The new Antah Shares to be issued pursuant to the conversion of
the Consideration ICULS shall, upon allotment and issue, rank
pari passu in all aspects with the existing Antah Shares, save
and except that they will not be entitled any dividends or
allotment and/or distributions, the entitlement date of which is
prior to the allotment of the said shares."

"The new Antah Shares to be issued pursuant to the conversion of
the Consideration ICULS shall, upon allotment and issue, rank
pari passu in all aspects with the existing Antah Shares, save
and except that they will not be entitled to any Rights Shares
or to any dividends or allotment and/or distributions, the
entitlement date of which is prior to the allotment of the said
shares. For the avoidance of doubt, the new Antah Shares will
not be entitled to any Rights Shares notwithstanding that the
entitlement date of which is after the issue and allotment of
the new Antah Shares."

DOCUMENTS FOR INSPECTION

The Supplemental SPA may be inspected at the registered office
of Antah at Level 7, Menara Millenium, Jalan Damanlela, Pusat
Damansara, Damansara Heights, 50490 Kuala Lumpur during normal
business hours from Mondays to Fridays (except public holidays)
for a period of three (3) months from the date of this
announcement.

CONTACT:

Antah Holdings Berhad
Level 7, Menara Milenium,
Jalan Damanlela,
Pusat Bandar Damansara,
Damansara Heights 50490
Kuala Lumpur
Telephone no: 03-20849000
Facsimile no: 03-20949940

This announcement is dated 18 November 2004.


BERJAYA GROUP: Releases Loan Stock Interest Notice
--------------------------------------------------
Berjaya Group Berhad announced the details of its loan stock
interests on November 18, 2004.

EX-date: 06/12/2004

Entitlement date: 08/12/2004

Entitlement time: 04:00:00 PM

Entitlement subject: Loan Stock Interest

Entitlement description: Tenth Interest Payment for the
RM640,025,128 Nominal Amount Of 5% Irredeemable Convertible
Unsecured Loan Stocks 1999/2009

Period of interest payment: 01/07/2004 to 01/01/2005

Financial Year End:

Share transfer book & register of members will be closed from
(both dates inclusive) for the purpose of determining the
entitlements: to

Registrar's name, address, telephone no:

BERJAYA REGISTRATION SERVICES SDN BHD, Lot C1-C3, Block C, 2nd
Floor, KL Plaza, 179 Jalan Bukit Bintang, 55100 Kuala Lumpur.
Tel No: 2145 0533

Payment date  :02/01/2005

a) Securities transferred into the Depositor's Securities
Account before 4:00 pm in respect of transfers :08/12/2004

b) Securities deposited into the Depositor's Securities Account
before 12:30 pm in respect of securities exempted from mandatory
deposit:

c) Securities bought on the Exchange on a cum entitlement basis
according to the Rules of the Exchange.

Number of new shares/securities issued (units) (If applicable) :

Entitlement indicator: Percentage

Entitlement in percentage (%): 5

CONTACT:

Berjaya Group Berhad Co.
11th Fl., Menara Berjaya, KL Plaza, 179,
Jalan Bukit Bintang
55100 Kuala Lumpur, Malaysia
Phone: +60-3-2935-8888
Fax: +60-3-2935-8043


CHEE WAH: Unveils FY04 Unaudited Quarterly Report
-------------------------------------------------
In a disclosure to Bursa Malaysia Securities Berhad, Chee Wah
Corporation Berhad released 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
              20,446         20,203      20,446       20,203

2  Profit/(loss) before tax
              -645            308        -645         308

3  Profit/(loss) after tax and minority interest
              -502            226        -502         226

4  Net profit/(loss) for the period
              -502            226        -502         226

5  Basic earnings/(loss) per shares (sen)
              -1.19           0.55       -1.19        0.55

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)

0.9200 0.9300
0.9201

CONTACT:

Chee Wah Corporation Berhad
6428, Lorong Mak Mandin Tiga
Mak Mandin Industrial Estate
13400 Butterworth
Tel: 04-3329299
Fax: 04-3328607
Web site: http://www.cheewah.com


CRIMSON LAND: Releases FY04 Unaudited Quarterly Report
------------------------------------------------------
Crimson Land Berhad released 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
              8,156          23,232       8,156     23,232

2 Profit/(loss) before tax
             -7,657         -10,064      -7,657    -10,064

3 Profit/(loss) after tax and minority interest
             -8,375         -10,064      -8,375    -10,064

4  Net profit/(loss) for the period
             -8,375         -10,064      -8,375    -10,064

5  Basic earnings/(loss) per shares (sen)
             -2.67          -5.05        -2.67     -5.05

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)

             0.6600              0.6800

CONTACT:

Crimson Land Berhad
5, Persiaran Lidcol
Off Jalan Yap Kwan Seng
50450 Kuala Lumpur
Phone: 03-2162 8099;
Fax: 03-2162 8711/2161 5045


ESPHERE ENTERPRISES: Faces Winding Up Proceedings
-------------------------------------------------
Farlim Group (Malaysia) Bhd issued a winding up petition for
Esphere Enterprises Sdn Bhd (EESB) under the provisions of the
Companies Act, 1965.

Details of the petition are as follows:

(1) EESB is indebted to Farlim in the sum of RM6,864,684.93 in
respect of deposit refundable to Farlim by EESB and interest
thereon pursuant to the terms of a Letter of Intent dated May 3,
2000 whereby Farlim had expressed its interest in acquisition
from EESB of the entire 100% equity interest in Mahawira Sdn Bhd
comprising 5,000,000 ordinary shares of RM1.00 each for a total
consideration of RM47,000,000.00 subject to the terms and
conditions contained therein.

(2) The said acquisition by Farlim from EESB of the entire 100%
equity interest in Mahawira Sdn. Bhd. did not materialize.

(3) A Statutory Notice of Demand dated October 8, 2004 was
served on EESB at its registered office on October 11, 2004
pursuant to Section 218(2)(a) of the Companies Act, 1965 for
payment of the said sum of RM6,864,684.93 within 3 weeks from
the date of receipt of the said Notice.

(4) EESB failed to make the said payment as demanded.

(5) A sealed copy of the petition will upon issuance by the
Court be served on EESB in due course.

CONTACT:

Farlim Group Berhad
No. 2-8, Bangunan Farlim
Jalan PJS 10/32, Bandar Sri Subang
46000 Petaling Jaya, Selangor
Telephone: 03-5635 5533
Fax: 03-5635 0301
Website: http://www.farlim.com.my

This announcement is dated November 18, 2004.


LANKHORST BERHAD: Securities Under Suspension
---------------------------------------------
The securities of Lankhorst Berhad were suspended with effect
from 9:07 a.m., Thursday, 18 November 2004 until further notice.

Your attention is drawn to the advertisement of the notice of
Winding Up Petition on Lankhorst Pancabumi Contractors Sdn Bhd,
a subsidiary of the Company, appearing on The Star on 18
November 2004.

CONTACT:

Lankhorst Berhad
Tingkat 6, Bangunan UMNO Selangor
Persiaran Perbandaran
Seksyen 14
40000 Shah Alam, Selangor
Malaysia


MTD CAPITAL: Purchases 99,100 Ordinary Shares on Buy Back
---------------------------------------------------------
MTD Capital Bhd issued a notice of shares buy back on November
18, 2004.

Date of buy back from: 08/11/2004

Date of buy back to: 08/11/2004

Total number of shares purchased (units): 99,100

Minimum price paid for each share purchased (RM): 2.590

Maximum price paid for each share purchased (RM): 2.640

Total amount paid for shares purchased (RM): 260,672.64

The name of the stock exchange through which the shares were
purchased: Bursa Malaysia Securities Berhad

Number of shares purchased retained in treasury (units): 99,100

Total number of shares retained in treasury (units): 4,809,600

Number of shares purchased, which were cancelled (units): 0

Total issued capital as diminished: 0

Date lodged with registrar of companies: 17/11/2004

Lodged by: MTD Capital Bhd

CONTACT:

MTD Capital Berhad
Batu 8 Jalan Batu Caves
Lot 8359 Mukim of Batu
Batu Caves, Selangor Darul Ehsan 68100
Malaysia
Telephone: +60 3 6189 9022
           +60 3 6187 7898
Web site: http://www.mtdcap.com/


PAN PACIFIC: Appoints New Board Secretary
-----------------------------------------
Pan Pacific Asia Berhad announced the appointment of Nuruluyun
Binti Abdul Jabar as its new secretary on November 18, 2004.

Date of change: 17/11/2004

Type of change: Appointment

Designation: Joint Secretary

License no.: MIA 9113

Name: Nuruluyun Binti Abdul Jabar

Working experience and occupation during past 5 years: Nuruluyun
was with Tengis Corporate Services Sdn Bhd in Kuching overseeing
the secretarial and accounting department since 2001.

Prior to this, she has worked with Sime Darby Group for 7 years.

CONTACT:

Pan Pacific Asia Berhad
Unit No. 602B,
Level 6, Tower B,
Uptown 5, 5 Jalan SS21/39,
Damansara Uptown,
47400 Petaling Jaya,
Selangor
Phone: 03-77278168
Fax: 03-77271622


PANTAI HOLDINGS: Notes Amended Shares Buy Back
----------------------------------------------
Pantai Holdings Berhad amended its shares buy back notice dated
November 17, 2004.

Date of buy back: 17/11/2004

Description of shares purchased:  Ordinary shares of RM1.00 each

Total number of shares purchased (units): 78,800

Minimum price paid for each share purchased (RM): 0.845

Maximum price paid for each share purchased (RM): 0.865

Total consideration paid (RM): 67,619.42

Number of shares purchased retained in treasury (units): 78,800

Number of shares purchased which are proposed to be cancelled
(units):

Cumulative net outstanding treasury shares as at to-date
(units): 24,608,500

Adjusted issued capital after cancellation (no. of shares)
(units):

CONTACT:

Pantai Holdings Berhad
3rd Floor, Block B
Pantai Medical Centre
No. 8 Jalan Bukit Pantai
59100 Kuala Lumpur
Tel: 03-22879822
Fax: 03-22873822
Web site: http://www.pantai.com.my/


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


ATLAS CONSOLIDATED: Audit Committee Member Resigns
--------------------------------------------------
Mr. Reginald Hare has resigned as a member of and Chairman of
the audit Committee of Atlas Consolidated effective as 17
November 2004. He will, however, continue to be an Independent
Director of the Company.

Noel T. Del Castillo
Corporate Secretary and Treasure
November 17, 2004

CONTACT:

Atlas Consolidated Mining and Development Corporation
7/F, Quad Alpha Centrum
125 Pioneer St., Mandaluyong City
Tel. No:  635-2387/4495
Fax No:  633-3759; 634-2312
E-mail Address:  acmdcmla@info.com.ph
Auditor:  SyCip, Gorres, Velayo & Company
Transfer Agent:  Stock Transfer Service, Inc.


C&P HOMES: Narrows 3Q/FY04 Net Loss to Php3 Mln
-----------------------------------------------
C&P Homes Inc. posted a net loss of Php3 million in the third
quarter ended September 30, versus a net loss of Php256 million
a year earlier, Dow Jones reports.

3Q ended Sept. 30

Figures in pesos (PHP)

                            2004             2003
Revenue             PHP478.0 Mln     PHP661.0 Mln
Cost and expenses      242.0 Mln        633.0 Mln
Net profit              (3.0 Mln)      (256.0 Mln)
EPS                       (0.001)          (0.053)

9 months ended Sept. 30

Revenue                 1.43 Bln         1.54 Bln
Cost and expenses     842.00 Mln         1.11 Bln
Net profit             (49.0 Mln)      (271.0 Mln)
EPS                       (0.010)          (0.057)

Figures in parentheses are losses

Results are based on Philippine accounting standards and are
unaudited.

CONTACT:

C&P Homes Inc.
Camella Centre, National Road
Las Pias City
Tel. No:  874-5758
Fax No:  872-4697
URL:  http://www.crownasia.com
Auditor:  SyCip, Gorres, Velayo & Company
Transfer Agent:  Securities Transfer Services, Inc.


COLLEGE ASSURANCE: 3Q/FY04 Net Loss Balloons to PhP2.588 Bln
------------------------------------------------------------
College Assurance Plans Philippines, Inc. (CAP) incurred a net
loss of PhP2.588 billion in the third quarter ended September,
reports the Business World.

Earlier data from the Securities and Exchange Commission show
that the pre-need Company posted a net loss of Php1.68 billion
for the first semester, indicating that for the third quarter
alone, CAP's losses were at PhP900 million, or up 54% against
losses for the first two quarters of 2004.

The financial report did not say why CAP's losses continued to
balloon.

Liabilities for the period, meanwhile, hit PhP26.12 billion,
with the actuarial reserve liability, or projected future
obligations, accounting, for PhP13.5 billion.

CAP officials could not be reached for comment.

CONTACT:

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


NEGROS NAVIGATION: Moves Shares Trading Period
----------------------------------------------
In the event that November 29, 2004 has been declared a public
holiday in observance of National Heroes day, the Subject shares
of 84,934,375 common shares of Negros Navigation to be tendered
and Intended to be crossed on the Philippine Stock Exchange will
be moved on November 30, 2004.

Metro Pacific Corporation
David Nugent
VP, Media & Corporate Communications
Corporate Information Officer

CONTACT:

Negros Navigation Company. Inc.
Pier 2. North Harbor. Tondo. Manila, Philippines 1012
Telephone Number: (6321 245.5588
Fax Number: (6321 245-1091
Web site: www.negrosnavigation.ph


PILIPINO TELEPHONE: Considers Compromise On NTC Fees
----------------------------------------------------
Pilipino Telephone Co. (Piltel) is requesting the National
Telecommunications Commission (NTC) to seek the legal opinion of
the Justice department on the computation of its supervision and
regulatory fees, according to the Business World.

The fees are based on the paid-up capital of a Company.

"We believe that it is prudent to seek assistance from the
Justice department on the resolution of this matter in the light
of the NTC's letter to Piltel dated 17 September 2002 and signed
by then Commissioner Eliseo M. Rio, Jr. on Piltel's request for
a compromise settlement, advising it that 'the Commission does
not have the power to enter into a compromise settlement on the
payment" of the fees, said Enrico L. Espanol, Piltel's legal
department head in a November 16 letter.

Telecom firms pay 50 centavos for every PhP100 of paid-up
capital to cover the regulatory fees.

The commission is going after Piltel on PhP1.306 billion worth
of fees as of end-September. Out of the total amount, PhP501
million represents penalties and surcharges Piltel owes the NTC.

Since the fee is computed based on a telco's paid-up capital,
the Company's dues widened when it restructured its PhP41.755-
billion debt. The rehabilitation scheme resulted in the release
of PhP23.9 billion in exchange for the allotment of Piltel's
convertible preferred shares.

CONTACT:

Pilipino Telephone Corporation
G/F Mobiline Centre
6764 Ayala Avenue
1200 Makati City
Philippines
Telephone: 63 2 811 8888
Fax: 63 2 817 6888


PILIPINO TELEPHONE: Chairman Acquires Additional Shares
-------------------------------------------------------
In compliance with Section 13 of the Revised Disclosure Rules of
the Philippine Stock Exchange, Pilipino Telephone Corporation
announced the changes that have taken place in the shareholdings
of its Chairman Manuel V. Pangilinan.

Date of Transaction: November 17, 2004

No. of shares acquired: 200,000

No. of shares disposed: N.A.

Price: Php 492,000

No. of shares beneficially owned: 2,700,000


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


ANTSCO MARINE: Enters Bankruptcy Proceedings
--------------------------------------------
Notice is hereby given that a Petition for the Winding Up of
Antsco Marine Pte Ltd by the High Court on the 3rd day of
November 2004 was presented by Cv. Banyu Adhi Putra of Complex
Bimatama Dharma Perkasa, Jln. Duyung No. 1, Batu Ampar, Batam,
Indonesia, a Creditor.

The said Petition will be heard before the Court sitting at
Singapore at 10:00 a.m. on the 26th 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 his Counsel for
that purpose and 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 Petitioner's address is Complex Bimatama Dharma Perkasa,
Jln. Duyung No. 1, Batu Ampar, Batam, Indonesia.

The Petitioner's Solicitors are Messrs James Joseph & Associates
of 101 Upper Cross Street, #04-23 People's Park Centre,
Singapore 058357.

Dated the 9th day of November 2004.

Messrs James Joseph & Associates
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
Solicitors, Messrs James Joseph & Associates, 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, 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 on
the 25th day of November 2004.


G3 TECHNOLOGIES: Winding Up Hearing Scheduled on December 3
-----------------------------------------------------------
Notice is hereby given that a petition for the winding up of G3
Technologies Pte Ltd by the High Court was, on the 9th day of
November 2004, presented by United Overseas Bank Limited, a
creditor.

The petition will be heard before the Court sitting at the High
Court of Singapore at 10:00 a.m. in the forenoon, on the 3rd day
of December 2004.

Any creditor or contributory of the Company desiring to support
or oppose the making of an order on the 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 copy of the petition
by the undersigned on payment of the regulated charge for the
same.

The Petitioner's address is at 80 Raffles Place, UOB Plaza,
Singapore 048624.

The Petitioner's solicitors are Messrs Shook Lin & Bok of 1
Robinson Road, #18-00 AIA Tower, Singapore 048542.

Messrs Shook Lin & Bok
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 Petitioner's
solicitors, 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, 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 12 o'clock noon of
the 2nd day of December 2004.


GOODWOOD PARK: Posts Change in Shareholder's Interest
-----------------------------------------------------
Goodwood Park Hotel Ltd released a notice on November 18, 2004
at the Singapore Stock Exchange pertaining to the change in the
Percentage Level of the Interest of Estate of Tan Sri Khoo Teck
Puat.

Part I

(1) Date of notice to issuer: November 18, 2004

2) Name of Substantial Shareholder: Estate of Tan Sri Khoo Teck
Puat

(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 Interest

(2) Name of Registered Holder

(3) Circumstance(s) giving rise to the interest or change in
interest [Select Option]
- 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 16, 2004

(2) The change in the percentage level From 93.45 % To 93.72 %

(3) Circumstance(s) giving rise to the interest or change in
interest : Others
- Please specify details Acceptances by shareholders of Goodwood
Park Hotel Limited (GPHL) of the offer for GPHL shares made on 5
November 2004 by Dumont Pte. Ltd. in connection with the
voluntary de-listing of GPHL

(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 interest is the result of a series of transactions.

Part IV

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


                                          Direct      Deemed
No. of shares held before the change      4,045,355   36,129,071
As a percentage of issued share capital        9.41%      84.04%
No. of shares held after the change       4,045,355   36,242,971
As a percentage of issued share capital        9.41%      84.31%

Submitted by:
David Poh Tze Keong
Company Secretary


GLOBAL HARVEST: Court to Hear Winding Up Petition
-------------------------------------------------
Notice is hereby given that a Petition for the winding up of
Global Harvest Precision Pte Ltd by the High Court was on the
9th day of November 2004 presented by Civic International Pte
Ltd, a Company incorporated under the laws of Singapore and
having its registered office at 38 Benoi Place, Singapore
629952, the creditors.

The said Petition will be heard before the Court sitting at
Singapore at 10:00 o'clock in the forenoon, on the 3rd day of
December 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 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.

The Petitioners' address is care of 150 Beach Road, #32-00 The
Gateway West, Singapore 189720.

The Petitioners' solicitors are Messrs Ang & Partners, 150 Beach
Road,
#32-00 The Gateway West, Singapore 189720.

Messrs Ang & Partners
Solicitors for the Petitioner

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
Ang & Partners, 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 2nd day of December 2004.


RSH LIMITED: Unveils EGM Results
--------------------------------
The Board of Directors of RSH Limited is pleased to inform that
at the Extraordinary General Meeting held Friday, the Ordinary
Resolution pertaining to the proposed disposal of freehold
property at 190 MacPherson Road, Singapore 348548 as set out in
the Notice of the EGM dated 29October 2004 was duly passed.

By Order Of The Board

Submitted by:
Tan Chong Beng
Company Secretary


WEE POH: Posts Notice of Reconvened AGM
---------------------------------------
The Board of Directors of Wee Poh Holdings Limited was pleased
to announce at the Singapore Stock Exchange, that the Company
has sent out the following notice to shareholders regarding the
reconvening of the AGM on 2nd December 2004:

Notice is hereby given that the ninth annual general meeting of
Wee Poh Holdings Limited, which was held and adjourned on
Friday, 29 October 2004, will be reconvened and held at Sheraton
Towers Singapore, Ballroom 2, 39 Scotts Road, Singapore 228230
on Thursday, 2 December 2004 at 11 a.m. for the purpose of
transacting the Ordinary Business and Special Business set out
in the Notice of Ninth Annual General Meeting dated 14 October
2004 and the Special Business set out in the Supplemental Notice
of Ninth Annual General Meeting dated 21 October 2004, and in
addition, as Special Business, to consider and, if thought fit,
passing the following resolutions which will be proposed as
ordinary resolutions:

Ordinary Resolutions:
To re-elect Mr. Chandra Mohan s/o Rethnam, as a Director
retiring under Article 91 of the Articles of Association of the
Company.

To elect Hoon Tai Meng as a Director pursuant to Article 97 of
the Articles of Association of the Company.

By Order Of The Board
Nancy Quek
Company Secretary
17 November 2004

Important Notes:
(1) A proxy form is attached to this Notice. A shareholder of
the Company who is entitled to attend and vote at the reconvened
Ninth Annual General Meeting is entitled to appoint one or two
proxies to attend and vote using the Reconvened AGM Proxy Form
instead of him/her attending in person. Such proxy/proxies need
not be a shareholder of the Company.

(2) All earlier Proxy Forms (as attached to the AGM Notice) and
Supplemental Proxy Forms (as attached to the Supplemental AGM
Notice) that conform to the requirements of law and the Articles
of Association of the Company, and deposited at the registered
office of the Company will be accepted as submitted, except as
provided for in paragraph 3 below.

(3) A shareholder who wishes to revoke and/or modify the
appointment of his/her proxy/proxies or voting instructions
given to his/her proxy/proxies as recorded in his/her submitted
Proxy Form and/or Supplemental Proxy Form, should use the
attached Reconvened AGM Proxy Form to indicate his/her new
proxy/proxies or new instructions and deposit the Reconvened AGM
Proxy Form at the registered office of the Company at 213 Upper
Thomson Road, Singapore 574348 not later than 48 hours before
the time set for the Reconvened Ninth Annual General Meeting. In
the event of conflicting appointments or instructions as given
in the Reconvened AGM Proxy Form on one hand, and the Proxy Form
and/or Supplemental Proxy Form on the other, the appointments or
instructions as reflected in the Reconvened AGM Proxy
Form shall prevail.

(4) A shareholder who does not wish to change anything as
recorded in his/her submitted Proxy Form and/or Supplemental
Proxy Form but who wishes to indicate how his/her proxies should
vote in respect of Resolutions 9 and 10, should complete the
Reconvened AGM Proxy Form only in respect of filling up his/her
name, his/her full address, name(s) of proxy/proxies and
indicating with "X" in the appropriate boxes for Resolutions 9
and 10. Such shareholder is not allowed to use the Reconvened
AGM Proxy Form to appoint a person as proxy to vote in respect
of Resolutions 9 and 10 other than:

(i) the proxy or proxies already appointed via the submitted
Proxy Form and/or Supplemental Proxy Form or

(ii) the Chairman of the Meeting. In situations where a person
or persons not allowed to be appointed as a proxy has or have
been so appointed, the Company shall reserve the right to reject
the Reconvened AGM Proxy Form in question.

(5) A shareholder who has acquired more shares of the Company
since submitting a Proxy Form and/or Supplemental Proxy Form
must submit the Reconvened AGM Proxy Form if he/she wishes to
enable his/her proxy or proxies to exercise the voting rights in
respect of any part of his Additional Shares, unless no number
of shares is indicated in the submitted Proxy Form and/or
Supplemental Proxy Form in which case the vote of his/her proxy
or proxies shall be deemed to relate to all of his/her shares
(including the Additional Shares). Otherwise, the proxy or
proxies appointed via the Proxy Form and/or Supplemental Proxy
Form may only exercise the voting rights in respect of the total
number of shares as indicated in the Proxy Form and/or
Supplemental Proxy Form.

(6) A shareholder who has not submitted a Proxy Form or
Supplemental Proxy Form and who now wishes to appoint
proxy/proxies to vote in respect of Resolutions 1 to 8 may do so
by using the Reconvened AGM Proxy Form. Such shareholder may
also use the Reconvened AGM Proxy Form to indicate how his/her
proxy/proxies should vote in respect of Resolutions 9 and 10.

(7) All Reconvened AGM Proxy Forms must be lodged with the
registered office of the Company at 213 Upper Thomson Road,
Singapore 574348 not later than 48 hours before the time set for
the Reconvened Ninth Annual General Meeting. Only Reconvened AGM
Proxy Forms that bear an original signature will be accepted as
validly executed.


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


BANGKOK RUBBER: SET Suspends Trading of Securities
--------------------------------------------------
With reference to the NP (Notice Pending) sign posted against
the securities of Bangkok Rubber Public Company Limited (BRC)
effective from the first trading session of 16 November 2004
because BRC have publicly submitted to the Stock Exchange of
Thailand (SET) its reviewed financial statement for the third
quarter ending 30 September 2004 with unable to reach any
conclusion on its financial statement and the conclusion
regarding the amendment is pending.

Presently, The Securities and Exchange Commission (SEC) has now
informed the SET that it is not necessary to amend the captioned
financial statements on the issue that the auditor has stated.

Therefore, NR (Notice Received) sign is posted on securities of
BRC effective from the first trading session of 18 November 2004
to announce that the SET has received the conclusion from the
SEC.

Nevertheless, the SET has still suspended trading their
securities until the causes of delisting are eliminated.

CONTACT:

Bangkok Rubber Public Company Limited
611/40 Soi Raj-Utit 2, Bangkhlo,
Yan Nawa Bangkok
Telephone: 0-2689-9500
Fax: 0-2291-1353
Web site: www.pan-group.com


DATAMAT: Unveils Reviewed 3Q Financial Statement
------------------------------------------------
Datamat Public Company Limited (DTM) submitted to the Stock
Exchange of Thailand its reviewed quarterly financial statements
as.

Datamat Public Company Limited
Reviewed Ending September 30 (In thousands)

                         Quarter 3               For 9 Months

Year                 2004        2003          2004        2003

Net profit (loss)    27,232    (17,088)      (37,490)   (41,791)

EPS (baht)          0.03      (0.03)        (0.03)      (0.06)

Type of report: Qualified Opinion with an emphasis of matters

Comment: (1) Please see details in financial statements,
auditor's report and remarks from SET Information Management
System.

"The Company hereby certifies that the information above is
correct and complete. In addition, the Company has already
reported and disseminated its financial statements in full via
the SET Electronic Listed Company Information Disclosure
(ELCID), and has also submitted the original report to the
Securities and Exchange Commission."

(Kusol Sangkananta)
Director and Secretary to the Board
Authorized to sign on behalf of the Company

For more information, click
http://bankrupt.com/misc/dtme1.doc
http://bankrupt.com/misc/dtme2.xls
http://bankrupt.com/misc/dtme3.doc

CONTACT:

Datamat Public Company Limited
Asoke Towers, Floor 17, 18 And 19,
219 Soi Asoke (Sukhumvit 21),
Sukhumvit Road, Klongtoey Nua,
Watthana Bangkok
Telephone: 0-2310-5111
Fax: 0-2319-8208
Website: www.datamat.co.th


M.D.X.: Securities Trading Suspended
------------------------------------
M.D.X. Public Company Limited (MDX) publicly submitted to the
Stock Exchange of Thailand (SET) its third quarterly reviewed
financial statement ending September 30, 2004.  Since the
auditor was unable to reach any conclusion on the captioned
financial statement, this could be considered that the financial
statements do not reflect the actual business performance.
Hence, the Securities and Exchange Commission (SEC) would
require the financial statement's amendment.

As a result, the SET has posted an SP sign for suspended trading
on the Company's security effective from the first trading of
November 16, 2004 to enable shareholders and general investors
to have sufficient time to scrutinize auditor's report relating
to the result in financial statement.

The SET will post NP sign effective from the first trading of
November 17, 2004 until such time as the Company will submit the
amended financial statement or it is concluded that such
amendments are not necessary.

However, the SET has still suspended trading MDX's securities
until the causes of delisting are eliminated.

CONTACT:

M.D.X. Public Company Limited
Nailert Tower, Floor 7, 10,2/4 Wireless Road,
Lumpini, Pathum Wan, Bangkok
Telephone: 0-2253-0428-36, 0-2267-9071
Fax: 0-2253-0427, 0-2253-2731


NATURAL PARK: Details Operating Performance as of September 30
--------------------------------------------------------------
Natural Park Public Company Limited has recently submitted the
auditor's reviewed financial statements for the first nine
months to September 30, 2004 to the Stock Exchange of Thailand
with a view to share the information with general investors.

The key indicators and changes over the same period of the
previous year are as follows:

Operating performance for nine months as of September 30, 2004
over the same period of the previous year.

(1) The Company's total revenue for the first nine months rose
to THB1,052.0 million, an increase of THB479.8 million or up 84
percent.

The rental revenue and related service income accounted for
THB387.3 million, an increase of THB270.0 million or up 230
percent, the share of profits from investments of THB128.8
million, an increase of THB12.2 million or up 10 percent.

In addition, the Company incurred revenue contributed from hotel
business of THB410.3 million, club business of THB37.7 million,
restaurant business of THB37.1 million, management fee income of
THB10.0 million and others of THB40.8 million.  The main reason
for the rapid growth was the increase in every business that the
Company has invested during the year.

(2) The Company's net loss for nine months as of September 30,
2004 after deduction of minority interest amounting to THB538.5
million, compared with the same period of 2003 that incurred net
profit of THB435.5 million.  The main reasons for the net loss
was due to:

(2.1) Administrative expenses for nine months ended September
30, 2004 was THB340.7 million, increased from same period of the
previous year by THB260.6 million or up 325 percent.  The
increase was due to higher expenses related to business
expansion in various projects both in domestic and in aboard for
future development including expenses in participating in
bidding for projects such as development in the pre-cadet area
and development in the custom house area, research expenses,
professional and other fees.

(2.2) Interest expense for nine months ended September 30, 2004
was THB250.7 million increased from same period of the previous
year by THB227.0 million because of higher loan from financial
institution to invest and develop projects and some part of
interest expense is not consider to be capital expenditure.

Nonetheless, higher interest expense is in accordance with
business expansion and increase in total assets.

(2.3) Share of loss from investments under equity method for
nine-month ended September 30, 2004 was THB207.8 million
increased from same period of the previous year by THB182.1
million.

Operating performance for three-month as of September 30, 2004
over the same period of the previous year.

(1) The Company's total revenue for third quarter 2004 amounted
to THB366.9 million, a decrease of THB41.8 million or drop by 10
percent.  The decrease was by the main reason that in the same
period of year 2003, the Company realized the gain on sale of
assets of THB313.2 million while in year 2004, no such
transaction was incurred but in the mean time, the operating
revenue was substantially increased. The rental revenue and
related service income accounted for THB126.5 million, an
increase of THB95.0 million or up 302 percent.

In addition, the Company incurred revenue contributed by the
hotel business of THB146.5 million, club business of THB13.2
million, restaurant business of THB24.9 million, management fee
income of THB3.3 million and others of THB2.4 million and the
share of profit from investment of THB50.1 million, increased by
THB9.5 million from same period of the previous year.

(2) The Company's net loss for the quarter ended September 30,
2004 after deduction of minority interest amounting to THB267.7
million, compared with the same period of 2003 that incurred net
profit of THB412.8 million.  The main reasons for the net loss
was are:

(2.1) Administrative expenses for quarterly ended September 30,
2004 was THB133.6 million, increased from same period of the
previous year by THB96.7 million or up 262 percent.  The
increase was due to higher expenses related to business
expansion in hotel and restaurant business including expenses in
participating in bidding projects, research expenses,
professional and other fees.

(2.2) Interest expense for quarterly ended September 30, 2004
was THB87.2 million increased from same period of the previous
year by THB75.4 million because of higher loan from financial
institution to invest and develop projects and some part of
interest expense is not consider to be capital expenditure.

(2.3) Share of loss from investments under equity method for
quarterly ended September 30, 2004 was THB139.9 million
increased from same period of the previous year by total mainly
due to loss incurred from Bangkok Metro Public Company Limited
BMCL which has started its operation since this quarter.

As of September 2004, Natural Park Public Company Limited
launched 8 property development projects which all the project
progress is still ongoing and on the schedule as planned. Such
projects are as follows:

(1) The Chedi Chiangmai Hotel

Located in the old site of British Consulate, along Mae Ping
Riverside on the total area of 17,000 sq.m. The hotel has been
designed for 86 guestrooms.

Currently, the project progresses for more than 80 percent and
is expected to be complete by January 2005. The project receives
the financial support from Thai Military Bank within the credit
amount of THB540 million.

(2) The Novotel Panwa Beach Resort, Phuket

Currently, the hotel is under renovation and construction for
the additional guestrooms. The total guestrooms are 230 units.
However, 132 units will be available for service by March 2005
and another 98 units by November 2005. The project receives
financial support from Siam City Bank.

(3) The Platinum (Formerly called Mercury Tower)

Office building located at the corner of Ploenchit and Lang Suan
road, right next door to Chidlom sky train station. The 25
storeys building on total area of 40,500 sq.m. Currently, the
project is under renovation and expected to be completed at the
end of 2005.

(4) The Natural Park Apartment In the middle of 3 rai real
garden on Sukhumvit 49, the serviced apartment has 15 storeys
with a total of 82 units. Occupancy rate of 100 percent is
always the norm all year round since its opening in 1989.

Presently, the project is under renovation to serve the new
concept of living.

The expected project completion is by the end of 2005.

(5) The Sofitel Sukhumvit Located between Sukhumvit soi 13 and
15. The hotel has total area of 3 rai with 350 guestrooms. The
hotel will be ready for service in the mid of 2006. The project
receives the financial support from Bank of Ayudhya, Thai
Military Bank, and Ayudhya Investment and Trust within the
credit amount of THB1,765 million.

(6) Siam OperaFirst theater of Thailand that meets the world-
class standard. Located on the 5th floor, Siam Paragon. Fully
equipped with stage and sound system that can accommodate
Broadway, concert, and various world-class performing arts. The
project is expected to open by 2007.

(7) Siam Hotel and Serviced Apartment Five-star hotel project on
18 rai land plot, located adjacent to the Siam Paragon Shopping
Complex and Siam Opera. The project has total of 300 hotel
guestrooms and 150 units of serviced apartment on 50,000 sq.m.
utilization space. The expected completion is in the mid of
2007. The project receives the financial support from Siam
Commercial Bank within the credit amount of THB2,000 million.

(8) Setai Phuket Hotel The project was built on sloped boulder
with the perfect view of Kata Noi Bay. Total area is 35,000
sq.m. with 120 total guestrooms.

Moreover, other than 8 project launched, the Company has
launched another 3 new projects which are the jointly project
investment between Aman Resorts and the Company.

The concept of the new project development will be in style of
the 5-star boutique hotel and resorts. Its location definitely
is on the fantastic place both in domestic and in abroad and
expected to be completed at the end of 2007.

From the operating and financial results of the nine-month
accounting record, year 2004, Board of Directors Meeting has
approved the Company only and the consolidated interim financial
statement. Management informed the board of director that
currently the Company has the loan account with Krung Thai Bank
Public Company Limited KTB. Currently the balance is of THB
1,698 million (already paid down by THB 200 million) which
become due on November 24, 2004.

Such loan has been secured by the securities; the common share
of Sansiri Plc., Pacific Plc., Syntec Construction Plc., Finansa
Plc., the unit trust of BoA Apartment Property Fund Type One,
and the land located at Bang-gajao Bangkok, which its total
market value as of November 11, 2004 is approximately at
THB2,735 million, in comparison with the loan balance of
THB1,698 million, the collateral value to loan is about 161
percent.

However the economic situation accompanied by the publicity of
the Company in a negative way brought an impact to the Company.
This impact has resulted in the delay of the issuance of the
Convertible Debenture (CD); which the plan of CD issuing
already approved by Extraordinary Shareholders Meeting on
September 14, 2004; the proceeds of CD will intentionally be
used for the repayment of the loan with KTB.  By the said
result, the Company by the management has to negotiate with KTB
to request him the approval of the extension of the loan
maturity by at least 180 days. Any progress of the negotiation,
the management will further report to the board of director.

Moreover, the Company is under the consideration of the business
plan and business structure to reduce the business operation
redundancy and conflict of interest among the group, the
objective is to create and maximize the shareholders' wealth.

The Company would very much appreciate it if you could share
this information among general investors.

Sincerely,
Mr. Thowthawal Subhavanich
Director

CONTACT:

Natural Park Public Company Limited
Address: 88 Soi Klang (Sukhumvit 49),
Sukhumvit Road, Wattana, Bangkok
Telephone: 0-2259-4800-11
Fax: 0-2259-4819, 0-2259-4815


NATURAL PARK: Unveils Reviewed, Consolidated 3Q FS
--------------------------------------------------
Natural Park Public Company Limited submitted to the Stock
Exchange of Thailand its reviewed quarterly financial
statements.

Natural Park Public Company Limited
Reviewed Ending September 30 (In thousands)

                         Quarter 3               For 9 Months
Year                2004        2003          2004        2003

Net profit (loss)   (267,793)     412,858    (538,533)  435,523

EPS (baht)          (0.0332)      0.0102      (0.0668)  0.0154

Comment: (1) Please see details in financial statements,
auditor's report and remarks from SET Information Management
System.

"The Company hereby certifies that the information above is
correct and complete. In addition, the Company has already
reported and disseminated its financial statements in full via
the SET Electronic Listed Company Information Disclosure
(ELCID), and has also submitted the original report to the
Securities and Exchange Commission."

(Mr.Thowthawal Subhavanich and Mr.Paisarn Tangyuenyong)
Director

For more information, click
http://bankrupt.com/misc/n-parke1.doc
http://bankrupt.com/misc/n-parke2.xls
http://bankrupt.com/misc/n-parke3.doc


SYNTEC CONSTRUCTION: Clarifies 20% Change in Performance
--------------------------------------------------------
Syntec Construction Public Company Limited clarified to the
Stock Exchange of Thailand (SET) its Consolidated Financial
Statement ending on September 30, 2004, showing a total loss of
26.57 MB, while the same fiscal period of performance of 2003
showed a total gain of 6.38 MB--a decrease by 32.95 MB. Reasons
for the performance change are:

(1) The decrease of other income.

(1.1) In 2004 the Company is not seeing have profit from
exchange rate, while in 2003; the Company gained 6.33 MB.

(1.2) Decrease in contra charge from subcontract, 6.67 MB.

(2) The increase in selling and administrative expenses.

(2.1) The Company set up provision for a decrease in the value
of investments for 15 MB. In 2003, there was nothing like this
provision.

(2.2) Expansion of the Company's business and for staff course
raised the staff expenditure to 3.73 MB.

(3) Loss from the special program-the Debt Restructure.  It is
the loss from the debt conversion to the capital by comparing
with the price of the debt conversion into the capital 1 Baht
(Par Value) with the last price of exchange as at the date the
debt has been converted into the capital. The difference will be
made as the loss program in the Financial Statements and will
also be the additional part in the shareholders' equity in the
topic of excess of common share value in the Balance Sheet with
a total amount of 5.51 MB.

Please be informed accordingly.
Sincerely Yours,
(Mr. Somchai Sirilertpanich)
Director

CONTACT:

Syntec Construction Public Company Limited
555/7-11 Sukhumvit 63 Road,
Khlong Ton Nua, Wattana, Bangkok
Telephone: 0-2381-6333-4, 0-2381-6337, 0-2381-6339
Fax: 0-2381-6330


TANAYONG: NR Sign Posted on Securities
--------------------------------------
Previously, the Stock Exchange of Thailand (SET) posted the NP
(Notice Pending) sign on the securities of Tanayong Public
Company Limited (TYONG) from 17 November 2004. The Company
submitted its financial statements ending 30 September 2004 to
the SET, wherein its auditor was unable to reach a conclusion
concerning possible amendment. The SET is waiting for the audit
results.

The Securities and Exchange Commission (SEC) has now informed
the SET that it is not necessary to amend its financial
statements on the issue that the auditor stated, therefore, the
SET has posted the NR (Notice Received) sign on its securities
on 17 November 2004 to announce that the SET has received the
conclusion from the SEC.

However, the SET has still suspended trading all securities of
TYONG until the causes of delisting are eliminated.

CONTACT:

Tanayong Public Company Limited
100-100/1 Moo 4, Km.14,Bangna-Trat Road,
Bang Plee, Samut Prakarn
Telephone: 0-2273-8511-15
Fax: 0-2273-8516-17
Web site: www.tanayong.co.th


THAI DURABLE: SET Posts NP Sign on Securities
---------------------------------------------
Previously, the Stock Exchange of Thailand (SET) has posted the
NP (Notice Pending) sign on the securities of Thai Durable Group
Public Company Limited (TDT) since 17 November 2004 because the
Company submitted to the SET its financial statements ending 30
September 2004 which its auditor was unable to reach any
conclusion. The SET was waiting for the conclusion whether the
Company has to amend its financial statements.

The Securities and Exchange Commission (SEC) has now informed
the SET that it is not necessary to amend its financial
statements on the issue that the auditors stated, therefore, the
SET has posted the NR (Notice Received) sign on TDT 'securities
on 17 November 2004 to announce that the SET has received the
conclusion from the SEC.

CONTACT:

Thai Durable Group Pcl
33 Moo 4 Suksawadi Road,
Tambol Bangchak, Phra Pradaeng Samut Prakarn
Telephone: 0-2463-0024, 0-2463-2293-6
Fax: 0-2463-3821


THAI WIRE: Details Result of Debt to Equity Conversion
------------------------------------------------------
Thai Wire Products Company Limited reported to the Stock
Exchange of Thailand (SET) the result of its debt to equity
conversion dated November 17, 2004.

(1) Information relating to the share offering:

Category of shared offered: Ordinary shares
Number of shares offered: 5,000,000 shares
Offered to: The creditors under the rehabilitation plan
Price per share: 10 baht
Conversion date: November 15 , 2004

(2) Results of the debt equity conversion:
- totally converted

(3) Details of the conversion:

               Thai investors         Foreign investors    Total
              Juristic   Natural       Juristic   Natural
              persons    persons   persons    persons

Number of
persons      11         -                1        -          12

Number of
shares
converted 4,542,849     -           457,151       -    5,000,000

Percentage
of total
shares
offered
for conversion 90.86    -           9.14          -
100.00

(4) Amount of money received from the debt equity conversion:
- n/a

The Company hereby certifies that the information contained in
this
report form is true and complete in all respects.

Authorized director
(Mr. Siva  Nganthavee)
Authorized director
(Mr. Chatchai Siriwatana)

CONTACT:

Thai Wire Products Public Company Limited
Zeer Street Bldg, Fl7, 99/2 Moo 8,
Phaholyothin Road Pathum Thani
Telephone: 0-2992-6867
Fax: 0-2992-6870-1





                            *********


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

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

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