/raid1/www/Hosts/bankrupt/TCRAP_Public/240723.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

          Tuesday, July 23, 2024, Vol. 27, No. 147

                           Headlines



A U S T R A L I A

BOD SCIENCE: Creditors Accept Deed of Company Arrangement
CHINESE GOURMET: First Creditors' Meeting Set for July 26
EZSTEEL PTY: Second Creditors' Meeting Set for July 29
HARVEY TRUST 2024-1: S&P Assigns BB(sf) Rating on Class E Notes
HOME GREEN: Second Creditors' Meeting Set for July 29

NEW QUANTUM: Keystone Demands Forced Receiver Appointment
PROSPER EDUCATION: First Creditors' Meeting Set for July 26
TCT FORGE: First Creditors' Meeting Set for July 26


C H I N A

ZIJIN MINING: Fitch Withdraws 'BB+' LongTerm Foreign Currency IDR


I N D I A

ADITUS MART: Insolvency Resolution Process Case Summary
ASHOK BRICKS: ICRA Keeps D Debt Ratings in Not Cooperating
AURORA APPAREL: ICRA Keeps B/A4 Debt Rating in Not Cooperating
BANWARI ENTERPRISES: Insolvency Resolution Process Case Summary
BEARDSELL LIMITED: ICRA Keeps B+ Debt Rating in Not Cooperating

CHHEDA ELECTRICALS: ICRA Keeps B+ Debt Ratings in Not Cooperating
DMD DEVELOPERS: ICRA Lowers Rating on INR90cr Term Loan to B+
DSG CORP: ICRA Keeps B- Debt Rating in Not Cooperating Category
DWARIKADHISH SPINNERS: Insolvency Resolution Process Case Summary
E COMMERCE MAGNUM: Insolvency Resolution Process Case Summary

ED VENTURES: Voluntary Liquidation Process Case Summary
GAYATRI DEVELOPWELL: ICRA D Debt Rating in Not Cooperating
GOPINATH DAIRY: Liquidation Process Case Summary
IDE APPARELS: ICRA Lowers Rating on INR34cr Term Loan to B+
ILA METALS: Liquidation Process Case Summary

INDIA: Defaults Worth INR10.2 lakh cr Settled at Pre-admission
M.D. FROZEN FOOD: ICRA Keeps D Debt Ratings in Not Cooperating
M.D. FROZEN: ICRA Keeps D Debt Ratings in Not Cooperating
MAJESTIC HOTELS: Insolvency Resolution Process Case Summary
MARC LABORATORIES: ICRA Keeps B+ Debt Ratings in Not Cooperating

MARUTI STRIPS: Insolvency Resolution Process Case Summary
MELANGE DEVELOPERS: ICRA B+ Rating in Not Cooperating Category
MIDAS AGRO: ICRA Keeps B Debt Ratings in Not Cooperating Category
NALGONDA MUNICIPALITY: ICRA Keeps B+ Rating in Not Cooperating
NAN FANG: Voluntary Liquidation Process Case Summary

PALAR HOME: Voluntary Liquidation Process Case Summary
PRATIBHA CONSTRUCTIONS: ICRA Keeps D Ratings in Not Cooperating
PREMIER INDUSTRIAL: ICRA B+ Ratings in Not Cooperating Category
RAI BAHADUR: ICRA Keeps B+ Debt Rating in Not Cooperating
ROYAL TYRES: ICRA Withdraws D Rating on INR6.21cr Term Loan

SATLUJ SPINTEX: Insolvency Resolution Process Case Summary
SAVIS RETAIL: Voluntary Liquidation Process Case Summary
SENIOR BUILDERS: Insolvency Resolution Process Case Summary
SHAMBHU MAHADEV: Liquidation Process Case Summary
SHARU STEELS: ICRA Keeps B+ Ratings in Not Cooperating Category

SHIRPUR GOLD : Insolvency Resolution Process Case Summary
SHYAMJI AGRICO: ICRA Keeps D Debt Ratings in Not Cooperating
SILVER JUBILEE: Insolvency Resolution Process Case Summary
SRS LIMITED: ICRA Keeps D Debt Ratings in Not Cooperating
STRATEGIC BIZCOM: Voluntary Liquidation Process Case Summary

SUPERTECH TOWNSHIP: NCLT Begins Insolvency Resolution Process
SUPREME FIN-HOLD: Insolvency Resolution Process Case Summary
SURYA FOODS: ICRA Keeps B Debt Ratings in Not Cooperating
TRIKONA PHARMACEUTICALS: ICRA Withdraws B+ Rating on INR4cr Loan
VINAYAK INTERNATIONAL: ICRA D Debt Ratings in Not Cooperating

VR COMMODITIES: Insolvency Resolution Process Case Summary
WILTAN TELMAG: Insolvency Resolution Process Case Summary


J A P A N

[*] JAPAN: Century-Old Companies Suffer 95% Surge in Bankruptcies


N E W   Z E A L A N D

AWARUA A&J: Court to Hear Wind-Up Petition on July 25
DSL HAULAGE: Court to Hear Wind-Up Petition on July 26
E CYCLES: Khov Jones Appointed as Liquidators
FORMAT JOINERY: Creditors' Proofs of Debt Due on Sept. 2
OCHO LTD: Receives 7 Nominations for Three Vacancies for Directors

SHIWASE KOBE: First Creditors' Meeting Set for July 29
SISTER ACT: Creditors' Proofs of Debt Due on Aug. 15


P H I L I P P I N E S

ABS-CBN: Sky Cable Inks Deal w/ Converge to Upgrade Aging Network


S I N G A P O R E

CIC ENTERPRISE: Creditors' Meetings Set for Aug. 1
DIAMON' TIF: Court to Hear Wind-Up Petition on Aug. 2
DIM SUM: Placed in Provisional Liquidation
GENERAD EQUIPMENT: Court Enters Wind-Up Order
SERRON TECHNOLOGY: Court Enters Wind-Up Order



S O U T H   K O R E A

DOOSAN BOBCAT: S&P Puts 'BB+' LongTerm ICR on Watch Negative


S R I   L A N K A

SRILANKAN AIRLINES: Fitch Withdraws C Rating on $175MM Unsec. Bonds


X X X X X X X X

[*] BOND PRICING: For the Week July 15, 2024 to July 19, 2024

                           - - - - -


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

BOD SCIENCE: Creditors Accept Deed of Company Arrangement
---------------------------------------------------------
Tipranks.com reports that Bod Science Limited said on July 22 that
it had entered into a Deed of Company Arrangement (DOCA) with
Biortica Agrimed Limited, proposing a backdoor listing, subject to
shareholder approval and ASX listing requirements.

Tipranks.com relates that financially, the company reported a net
cash increase from operating activities to $269,000, helped by an
overseas R&D tax incentive of $364,000, despite a decrease in
customer receipts.

Looking ahead, Bod is finalizing a share purchase agreement with
Biortica's shareholders, with a shareholder meeting expected in the
coming months to vote on the resolutions, Tipranks.com relays.

Bod Science Limited (ASX:BOD), formerly trading as Bod Australia
Ltd, is a cannabis focused drug development and product innovation
company.

Brent Morgan and Andrew Barnden of Rodgers Reidy were appointed
Joint and Several Voluntary Administrators of the Company on Nov.
29, 2023.

On April 8, 2024, creditors resolved that the Company execute a
DOCA proposed by Biortica Agrimed Limited. The DOCA was
subsequently executed on April 24, 2024.


CHINESE GOURMET: First Creditors' Meeting Set for July 26
---------------------------------------------------------
A first meeting of the creditors in the proceedings of Chinese
Gourmet Express Pty. Ltd. will be held on July 26, 2024 at 11:00
a.m. at the offices of Merchants Advisory at Level 15, 175 Pitt
Street in Sydney.

Louisa Sijabat of Merchants Advisory was appointed as administrator
of the company on July 26, 2024.


EZSTEEL PTY: Second Creditors' Meeting Set for July 29
------------------------------------------------------
A second meeting of creditors in the proceedings of Ezsteel Pty Ltd
has been set for July 29, 2024 at 10:00 a.m. at the offices of
Pitcher Partners at Level 13, 664 Collins Street in Docklands and
via virtual meeting.

The purpose of the meeting is (1) to receive the report by the
Administrator about the business, property, affairs and financial
circumstances of the Company; and (2) for the creditors of the
Company to resolve whether the Company will execute a deed of
company arrangement, the administration should end, or the Company
be wound up.

Creditors wishing to attend are advised proofs and proxies should
be submitted to the Administrator by July 26, 2024 at 5:00 p.m.

David Raj Vasudevan and Timothy James Bradd of Pitcher Partners
were appointed as administrators of the company on May 1, 2024.


HARVEY TRUST 2024-1: S&P Assigns BB(sf) Rating on Class E Notes
---------------------------------------------------------------
S&P Global Ratings assigned its ratings to six of the seven classes
of prime residential mortgage-backed securities (RMBS) issued by
Perpetual Trustee Co. Ltd. as trustee for Series 2024-1 Harvey
Trust. Series 2024-1 Harvey Trust is a securitization of prime
residential mortgage loans originated by Great Southern Bank (GSB;
a business name of Credit Union Australia Ltd.).

The ratings reflect:

-- S&P's view of the credit risk of the underlying collateral
portfolio at transaction close, including the fact that this is a
closed portfolio, which means that no further loans will be
assigned to the trust after the closing date.

-- S&P's view that the credit support is sufficient to withstand
the stresses we apply. The credit support for the rated notes
comprises note subordination and lenders' mortgage insurance on
22.9% of the portfolio.

-- S&P's expectation that the various mechanisms to support
liquidity within the transaction, including an excess revenue
reserve funded by available excess spread, principal draws, and a
liquidity facility equal to 1.0% of the aggregate invested amount
of the notes are sufficient under our stress assumptions to ensure
timely payment of interest.

-- The benefit of a fixed- to floating-rate interest-rate swap
provided by GSB to hedge the mismatch between receipts from any
fixed-rate mortgage loans and the floating-rate notes. National
Australia Bank Ltd. will act as standby swap provider.

  Ratings Assigned

  Series 2024-1 Harvey Trust

  Class A1, A$920.00 million: AAA (sf)
  Class A2, A$40.00 million: AAA (sf)
  Class B, A$20.00 million: AA (sf)
  Class C, A$9.50 million: A (sf)
  Class D, A$4.50 million: BBB+ (sf)
  Class E, A$3.20 million: BB (sf)
  Class F, A$2.80 million: Not rated


HOME GREEN: Second Creditors' Meeting Set for July 29
-----------------------------------------------------
A second meeting of creditors in the proceedings of Home Green Pty
Ltd has been set for July 29, 2024 at 11:00 a.m. and via virtual
facilities.

The purpose of the meeting is (1) to receive the report by the
Administrator about the business, property, affairs and financial
circumstances of the Company; and (2) for the creditors of the
Company to resolve whether the Company will execute a deed of
company arrangement, the administration should end, or the Company
be wound up.

Creditors wishing to attend are advised proofs and proxies should
be submitted to the Administrator by July 26, 2024 at 12:00 p.m.

Manuel Hanna of Romanis Cant was appointed as administrator of the
company on June 24, 2024.


NEW QUANTUM: Keystone Demands Forced Receiver Appointment
---------------------------------------------------------
Australian Financial Review reports that US investment manager
Beaconsfield Capital said it was forced to appoint receivers to
digital wealth platform New Quantum after a demand by Keystone
Asset Management for immediate repayment of a AUD15 million
unsecured loan.

According to AFR, Beaconsfield, a technology-focused hedge fund,
appointed McGrathNicol partners Damien Pasfield and Shaun Fraser as
receivers of New Quantum Holdings last week. It invested AUD50
million in April 2023 and is the only secured creditor.

New Quantum Holdings (NQH) houses a range of wealth management and
investment companies, including Morrison Securities, New Quantum,
VueNow, Optise, Arktos Dealer and Arktos Securities. Olvera
Advisors principals Damien Hodgkinson and Kate Barnet were
appointed by NQH's board on July 18.

AFR says Keystone invested AUD15 million as an unsecured lender in
mid-2023 as the trustee for the Quantum PE Fund, part of a group of
funds subject to court freezing orders as the Australian Securities
and Investments Commission investigates Keystone's use and
allocation of funds in its Shield Master Fund, a registered managed
fund.

According to AFR, Beaconsfield managing partner Manfredi de Filippo
said much of his firm's initial funding was akin to equity
investment, but structured as debt for downside protection.

"Beaconsfield and smaller investors had committed to rolling over
instruments as the business grew. That's common for technology
ventures. At the time the initial investments were made,
Beaconsfield and Keystone were aligned on this approach and both
parties acted in accordance with the approach until very recently,"
the report quotes Mr. de Filippo as saying.

"For reasons known only to Keystone, in May it decided to issue
demands to have its investment repaid immediately."

Keystone did not respond to a request for comment. Former Keystone
director Paul Chiodo, who is listed as a defendant in ASIC's filing
against the company, left the board on May 27, AFR notes.

CF Capital is the investment manager for the Shield Master Fund,
while Keystone Asset Management is the trustee. Mr. Chiodo is a
director of CF Capital and owns almost 60 per cent of the
business.

As recently as March, Mr Chiodo was listed on CF Capital's website
as investment director. However, he is no longer listed on CF
Capital's team online. Big four firm Deloitte was appointed to
Keystone last month to monitor and verify payments related to the
ongoing management of the company amid the watchdog's
investigation.

AFR relates that Mr. de Filippo said as a growing company, New
Quantum did not have cash available to meet Keystone's demands. He
said Keystone's actions made it "extremely difficult" for investors
to allocate more capital or for New Quantum to source new capital.

"Even if new investors liked everything about NQH, they would
almost certainly balk at putting funds in, knowing that the funds
would be directed to paying out a financial party," he said.

"So the barrier to sourcing any new capital, coupled with the
pressure to make significant cash payments in a short period of
time with cash the company did not have, placed NQH in an
impossible position."

AFR adds that New Quantum chief executive Shantanu Jha, who is also
managing partner and chief investment officer at Beaconsfield, said
Morrison Securities was a profitable business, requires no
financing, and its balance sheet is ringfenced from the broader New
Quantum group.

"Beaconsfield has committed to continue funding and supporting the
other operating subsidiaries of the NQH group," he said.

Mr. Jha is recused from all Beaconsfield decisions on NQH, and all
NQH decisions related to Beaconsfield.

"This funding, coupled with existing revenue and cashflows from the
subsidiaries, should be more than adequate to support continued
operations of the businesses during the restructuring process."

McGrathNicol's Mr. Pasfield said the receiver's immediate focus is
on recapitalisation or sale of NQH investments in its subsidiaries,
AFR relays.

"The subsidiaries of NQH, including Morrison Securities Pty Ltd and
New Quantum Pty Ltd (the superannuation promoter), are unaffected
by the appointment, and continue to operate under independent
management and enjoy funding and support from the secured
creditor."

New Quantum provides core and digital wealth management platform.


PROSPER EDUCATION: First Creditors' Meeting Set for July 26
-----------------------------------------------------------
A first meeting of the creditors in the proceedings of Prosper
Education Pty Ltd will be held on July 26, 2024 at 12:00 p.m. by
Microsoft Teams.

Atle Crowe-Maxwell of DBA Advisory was appointed as administrator
of the company on July 26, 2024.


TCT FORGE: First Creditors' Meeting Set for July 26
---------------------------------------------------
A first meeting of the creditors in the proceedings of TCT Forge
Pty Ltd will be held on July 26, 2024 at 11:00 a.m. at the offices
of SV Partners at Level 17, 200 Queen Street in Melbourne and by
way of teleconference/electronic facilities (Microsoft Teams).

Peter Gountzos and Michael Carrafa of SV Partners were appointed as
administrators of the company on July 16, 2024.




=========
C H I N A
=========

ZIJIN MINING: Fitch Withdraws 'BB+' LongTerm Foreign Currency IDR
-----------------------------------------------------------------
Fitch Ratings has affirmed and subsequently withdrawn Zijin Mining
Group Co., Ltd's Long-Term Foreign-Currency Issuer Default Rating
(IDR) and senior unsecured rating at 'BB+'. The Outlook is Stable.

The ratings have been withdrawn for commercial reasons. Fitch will
therefore no longer provide rating or analytical coverage on
Zijin.

KEY RATING DRIVERS

Strong EBITDA on Higher Output: Fitch expects Zijin's EBITDA will
remain strong at CNY48 billion-55 billion in 2024-2026, on higher
gold and copper output, despite its moderating mid-cycle price
assumptions. The increase in production output is to mainly come
from the expansion of existing projects, such as Julong in Tibet
and Timok in Serbia, and newly acquired projects transitioning to
the production phase. Zijin's 2023 EBITDA rose to CNY42 billion in
2023, from CNY40 billion in 2022, on higher gold and copper
production and a favourable gold price, despite a modest correction
in copper prices.

Limited Rating Headroom: Fitch expects Zijin's net leverage to
remain around 2.5x in 2024-2026 due to hefty capex and potential
investments despite its recent HKD3.9 billion share placements,
thus limiting its rating headroom. Net leverage, measured by net
debt to EBITDA, rose to 3.1x in 2023, from 2.7x in 2022, mainly
driven by large capex, acquisitions and equity investment outflow,
despite a strong profit.

Fitch expects Zijin to retain an acquisitive strategy to fulfill
its long-term goal of becoming a top miner globally by 2030. Zijin
spent a hefty CNY12 billion in 2020 and CNY26.3 billion in 2022 on
acquisitions, resulting in a spike in leverage to 3.5x by end-2020
and 2.7x by end-2022. Fitch expects an annual CNY5 billion for
potential acquisitions during 2024-2026 in its rating case;
however, any acquisitive outflow larger than Fitch expects would
put pressure on Zijin's ratings.

Diversified Low-Cost Producer: Zijin has a diversified production
portfolio across precious and base metals, as well as
geographically. Fitch expects its product diversification to
further enhance with the ramp-up of its newly acquired lithium
assets from 2025 onwards. In addition, its copper and gold cost
position is fairly low, ranking in the second quartile on the
global cost curve. The company also has an average mine life of 20
years and above for major copper mines, and 10 years for gold
mines.

Limited Country Risk: Fitch does not consider the location of some
of Zijin's assets in higher risk countries, such as the Democratic
Republic of Congo and Argentina, to be a rating constraint at the
current level, as half of its profits and assets are contributed
from China. Meanwhile, a majority of Zijin's overseas exposure
comes from Australia (AAA/Stable), Serbia (BB+/Stable) and Colombia
(BB+/Stable).

Zijin's acquisitions during 2020-2023 have increased its asset
base, along with its geographical diversification. The proportion
of its overseas mined copper and gold remained high at 56% and 64%,
respectively, of Zijin's total mined output in 2023 (2022: 57% and
59%).

DERIVATION SUMMARY

Zijin has smaller operational scale and lower profitability
compared with one of the top-three global copper producers,
Freeport-McMoRan Inc. (FCX, BBB/Stable), which owns world-class
mines with competitive costs. Zijin also has weaker financial
structure despite better asset diversification than FCX.

Zijin's ratings are higher than the Standalone Credit Profile of
'bb' of Corporacion Nacional del Cobre de Chile (CODELCO,
BBB+/Stable). The one-notch difference reflects Zijin's better cost
position and a more diversified operation, even though CODELCO has
a stronger market position as the world's top copper producer by
production.

Zijin is rated one notch lower than Canada-based Teck Resources
Ltd. (BBB-/Stable). Both have similar business profiles in terms of
commodity diversification and solid cost positions. However,
Zijin's fast expansion means it has a weaker capital structure than
Teck, which will have a net debt/EBITDA ratio of 1.5x-2.5x during
2024-2025.

KEY ASSUMPTIONS

Fitch's Key Assumptions Within the Rating Case for the Issuer:

- Mined copper average selling price of CNY51,600, CNY50,600 and
CNY45,500 per tonne (t) in 2024, 2025 and 2026, respectively (2023:
CNY51,156 per t); mined gold average selling price of CNY414,
CNY394 and CNY342 per gram in 2024, 2025 and 2026, respectively
(2023: CNY406 per gram);

- Mined copper sales volume of 870,000t in 2024, 930,000t in 2025
and 1.04 million t in 2026 (2023: 810,737t); mined gold sales
volume of 73t in 2024, 78t in 2025 and 83t in 2026 (2023: 66.7t);

- Capex of CNY23 billion in 2024, CNY29 billion in 2025 and CNY27
billion in 2026 (2023: CNY30 billion);

- Annual investment outflow of CNY5 billion in 2024-2026;

- Dividend payout ratio of 30% a year in 2024-2026.

RATING SENSITIVITIES

Factors that could, individually or collectively, lead to positive
rating action/upgrade:

- Transition away from the highly acquisitive growth strategy.

Factors that could, individually or collectively, lead to negative
rating action/downgrade:

- Net debt/EBITDA above 3.0x for a sustained period.

LIQUIDITY AND DEBT STRUCTURE

Adequate Liquidity: Zijin had CNY19.2 billion in readily available
cash at end-2023, against CNY38.6 billion in short-term debt. It
has a multitude of onshore and offshore funding sources, as well as
ample liquidity from major banks, with CNY160 billion in unused
bank credit facilities at end-2023. It is an active onshore bond
issuer.

ISSUER PROFILE

Zijin in 2023 was one of the world's top-ten copper and gold
miners, and fourth-largest zinc miner, by consolidated output.
Zijin has more than 30 operating assets covering copper, gold,
zinc, lead, iron ore, silver and lithium in 16 countries across
Asia, Europe, Africa, Australia and South America.

ESG CONSIDERATIONS

The highest level of ESG credit relevance is a score of '3', unless
otherwise disclosed in this section. A score of '3' means ESG
issues are credit-neutral or have only a minimal credit impact on
the entity, either due to their nature or the way in which they are
being managed by the entity. Fitch's ESG Relevance Scores are not
inputs in the rating process; they are an observation on the
relevance and materiality of ESG factors in the rating decision.

Following the rating withdrawal Fitch will no longer provide ESG
Relevance Scores for Zijin.

   Entity/Debt              Rating           Prior
   -----------              ------           -----
Zijin Mining
Group Co., Ltd        LT IDR BB+ Affirmed    BB+

                      LT IDR WD  Withdrawn   BB+

   senior unsecured   LT     BB+ Affirmed    BB+

   senior unsecured   LT     WD  Withdrawn   BB+




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I N D I A
=========

ADITUS MART: Insolvency Resolution Process Case Summary
-------------------------------------------------------
Debtor Aditus Mart Private Limited
       Shop No.6, Jaswanti Residency,
       Rehab Bldg No 1, Subhash Road, Kandivali (W)
       B/H Bhurabhai Hall, Kandivali West, Mumbai,
       Kandivlai West, Maharashtra, India, 400067

Insolvency Commencement Date: July 1, 2024

Estimated date of closure of
insolvency resolution process: December  29, 2024

Court: National Company Law Tribunal Mumbai Bench

Liquidator: Mailoj Kumar Mishra
     Office No. 13/14, 2nd Floor, 84/
            Dholakawala Building, Janmabhoomi Marg, Fort,
            Mumbai, MH - 400 001
            Email: i12manojkumarmishra@gmail.com
            Email: cirQ.aditusmQI@gmail.com

Last date for
submission of claims: July 15, 2024


ASHOK BRICKS: ICRA Keeps D Debt Ratings in Not Cooperating
----------------------------------------------------------
ICRA has kept the Long-term and Short-term rating for the bank
facilities of Ashok Bricks Industries Private Limited in the
'Issuer Not Cooperating' category. The rating is denoted as
"[ICRA]D/[ICRA]D; ISSUER NOT COOPERATING".

                     Amount
   Facilities     (INR crore)    Ratings
   ----------     -----------    -------
   Long-term-        11.50       [ICRA]D; ISSUER NOT COOPERATING;
   Fund based                    Rating Continues to remain under
   Cash Credit                   'Issuer Not Cooperating'
                                 Category

   Long-term-         0.47       [ICRA]D; ISSUER NOT COOPERATING;
   Fund based                    Rating Continues to remain under
   Term Loan                     'Issuer Not Cooperating'
                                 Category

   Long-term/        20.00       [ICRA]D/[ICRA]D; ISSUER NOT
   Short Term                    COOPERATING; Rating Continues to
   Non Fund Based                remain under 'Issuer Not
   Others                        Cooperating' Category

   Long-term/         0.03      [ICRA]D/[ICRA]D; ISSUER NOT
   Short Term                    COOPERATING; Rating Continues to
   Unallocated                   remain under 'Issuer Not
                                 Cooperating' Category

As part of its process and in accordance with its rating agreement
with Ashok Bricks Industries Private Limited, ICRA has been trying
to seek information from the entity so as to monitor its
performance. Further, ICRA has been sending repeated reminders to
the entity for payment of surveillance fee that became due. Despite
multiple requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.

Incorporated in August 2011 by Mr. Anil Agarwal and Mr. Mukesh
Agarwal, Ayaan Trendz Private Limited is engaged in manufacturing
and domestic sales of embroidered and printed sarees. The company
is part of the Vipul Group based in Surat, Gujarat. The group is
engaged in the textile business for over three decades through
other group companies, including Vipul Industries Private Limited
(VIPL). ATPL started commercial production of sarees from November
2011. The company procures grey material from the local suppliers
in Surat, outsources the dyeing and printing activities to VIPL
while undertaking the embroidery work in-house.


AURORA APPAREL: ICRA Keeps B/A4 Debt Rating in Not Cooperating
--------------------------------------------------------------
ICRA has kept the Long-Term and Short-Term rating of Aurora Apparel
Private Limited in the 'Issuer Not Cooperating' category. The
ratings are denoted as "[ICRA]B(Stable); ISSUER NOT
COOPERATING/[ICRA]A4; ISSUER NOT COOPERATING".

                      Amount
   Facilities      (INR crore)    Ratings
   ----------      -----------    -------
   Long Term/          1.23        [ICRA]B(Stable)/[ICRA]A4;
   Short Term-                     ISSUER NOT COOPERATING;
   Unallocated                     Rating Continues to remain
                                   under issuer not cooperating
                                   category

As part of its process and in accordance with its rating agreement
with Aurora Apparel Private Limited, ICRA has been trying to seek
information from the entity so as to monitor its performance.
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.

Incorporated in 2009, Aurora Apparel Private Limited is involved in
manufacturing cotton shirts. AAPL is an equal joint venture of
Tessitura Monti India Pvt. Ltd. and Summer Conf, Romania. Most of
its customer base is from Europe, Australia and the UAE. AAPL's
manufacturing unit is located in Nipani, Belgaum in Karnataka with
a total installed capacity of 2,000 shirts per day. The company
commenced its production activities from April 2011, and recently
expanded its production capacity from manufacturing 1,600 shirts
per day to 2,000 shirts per day.


BANWARI ENTERPRISES: Insolvency Resolution Process Case Summary
---------------------------------------------------------------
Debtor: Banwari Enterprises Pvt Ltd
402, 4th Floor, Union Trade Centre,
        Udhna Darwaja, Nondh-2107- 2111,
        FP-388, Surat,
        Gujarat, India - 395008

Insolvency Commencement Date: July 5, 2024

Estimated date of closure of
insolvency resolution process: January 1, 2025 (180 Days)

Court: National Company Law Tribunal, Ahmedabad Bench

Insolvency
Professional: Ms. Neha Bhasin
       C-4E/135, Janakpuri New Delhi-110058
              Email: info@primusresolutions.in
              Email: cirp.banwari@gmail.com

Last date for
submission of claims: July 19, 2024


BEARDSELL LIMITED: ICRA Keeps B+ Debt Rating in Not Cooperating
---------------------------------------------------------------
ICRA has kept the Long-term rating for the fixed deposits of
Beardsell Limited in the 'Issuer Not Cooperating' category. The
rating is denoted as "[ICRA]B+(Stable); ISSUER NOT COOPERATING".

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   NCD/Debt-Fixed       5.00       [ICRA]B+(Stable); ISSUER NOT
   Deposit                         COOPERATING; Rating Continues
                                   to remain under issuer not
                                   cooperating category

As part of its process and in accordance with its rating agreement
with Beardsell Limited, ICRA has been trying to seek information
from the entity so as to monitor its performance. Further, ICRA has
been sending repeated reminders to the entity for payment of
surveillance fee that became due. Despite multiple requests by
ICRA, the entity's management has remained non-cooperative. In the
absence of requisite information and in line with the aforesaid
policy of ICRA, the rating has been continued to the "Issuer Not
Cooperating" category. The rating is based on the best available
information.

Beardsell Limited was incorporated in 1936 with its head office in
Chennai. It manufactures insulation products such as prefabricated
products and packaging and moulded products. The prefabricated
segment comprises panel products, which find application in sectors
such as cold storages, affordable housing, food processing plants,
pharma and roofing applications. The company's packaging and
moulded products segment manufactures panels (expanded polystyrene
sheets and rigid polyurethane foam slabs) primarily used for
composite packaging, anti-static packaging, building insulation,
etc, that find application in the consumer durables industry.
Besides, BSL trades in industrial motors in the domestic market. It
is a channel partner for the electric motors of Siemens in Tamil
Nadu. The company has six manufacturing units, one each in Chennai,
Thane, Karad, Hyderabad, Maler (Karnataka) and Hapor. Its
registered office is in Chennai with nine branches pan-India.


CHHEDA ELECTRICALS: ICRA Keeps B+ Debt Ratings in Not Cooperating
-----------------------------------------------------------------
ICRA has kept the Long-Term rating of Chheda Electricals And
Electronics Pvt. Ltd. (CEPL) in the 'Issuer Not Cooperating'
category. The rating is denoted as "[ICRA]B+(Stable) ISSUER NOT
COOPERATING".

                      Amount
   Facilities      (INR crore)    Ratings
   ----------      -----------    -------
   Long Term-         16.98       [ICRA]B+ (Stable) ISSUER NOT
   Fund Based-                    COOPERATING; Rating continues
   Cash Credit                    to remain under 'Issuer Not
                                  Cooperating' category

   Long Term-         18.02       [ICRA]B+ (Stable) ISSUER NOT
   Fund Based-                    COOPERATING; Rating continues
   Term Loan                      to remain under 'Issuer Not
                                  Cooperating' category

As part of its process and in accordance with its rating agreement
with CEPL. ICRA has been trying to seek information from the entity
so as to monitor its performance. Further, ICRA has been sending
repeated reminders to the entity for payment of surveillance fee
that became due. Despite multiple requests by ICRA, the entity's
management has remained non-cooperative. In the absence of
requisite information and in line with the aforesaid policy of
ICRA, the rating has been continued to the "Issuer Not Cooperating"
category. The rating is based on the best available information.

Established in 1995, CEPL is engaged in manufacturing products like
flywheel magneto, electronic ignition unit (CDI+ ignition coil),
regulator-rectifier, solid state flasher, ignition module, ignition
coils, and ultracapacitor-based battery for two-wheeler automotive
applications. The company was founded by Mr. Vijay Chheda and
primarily provides electronic components to major two-wheeler
manufacturers in India, such as TVS Motors, Bajaj Auto Limited and
Hero Motocorp Limited, among others. CEPL's two manufacturing
plants are located at Palshi near Pune, Maharashtra, and at Roorkee
in Uttarakhand.


DMD DEVELOPERS: ICRA Lowers Rating on INR90cr Term Loan to B+
-------------------------------------------------------------
ICRA has revised the ratings for the bank facilities of DMD
Developers Private Limited (DDPL) under the 'Issuer Not
Cooperating' category. The rating is denoted as: [ICRA]B+ (Stable);
ISSUER NOT COOPERATING.

                      Amount
   Facilities      (INR crore)     Ratings
   ----------      -----------     -------
   Long-term-          90.00       [ICRA]B+ (Stable); ISSUER NOT
   Term loan                       COOPERATING; rating downgraded
                                   from [ICRA]BB- (Stable) and
                                   moved to "ISSUER NOT
                                   COOPERATING" category

The rating downgrade is attributable to the lack of adequate
information regarding DDPL's performance and hence the uncertainty
around its credit risk. ICRA assesses whether the information
available about the entity is commensurate with its rating and
reviews the same as per its "Policy in respect of non-cooperation
by a rated entity" available at www.icra.in. The lenders, investors
and other market participants are thus advised to exercise
appropriate caution while using this rating, as the rating view has
been taken on the entity based on the best available information.

As a part of its process and in accordance with its rating
agreement with DDPL, ICRA has been trying to seek information from
the entity so as to monitor its performance. Despite repeated
requests by ICRA, the entity's management has remained
non-cooperative. In absence of requisite information and in line
with the aforesaid policy of ICRA, a rating view has been taken on
the entity based on the best available information.

Incorporated in 2009, DMD Developers Pvt Ltd (DDPL) is involved in
real estate business in Surat, Gujarat. The company is promoted by
Mr. Dharmeshbhai Patel, having experience of three decades in the
real estate business. The Group has delivered more than 17 million
square feet of real estate projects till date.

DMDPL is a special purpose vehicle (SPV) formed to execute both
phases of the RRTM project. As on date, both the phases are
constructed. Phase-1 of the project has been fully sold, while ~7%
of the saleable area is sold in Phase-2 as on December 31, 2022.


DSG CORP: ICRA Keeps B- Debt Rating in Not Cooperating Category
---------------------------------------------------------------
ICRA has kept the Long-Term rating for the Bank facilities of DSG
Corp Private Limited (DCPL) in the 'Issuer Not Cooperating'
category. The rating is denoted as "[ICRA]B-(Stable);ISSUER NOT
COOPERATING".

                      Amount
   Facilities      (INR crore)    Ratings
   ----------      -----------    -------
   Long Term-         10.10       [ICRA]B- (Stable) ISSUER NOT
   Non Fund Based                 COOPERATING; Rating continues
   Others                         to remain under 'Issuer Not
                                  Cooperating' category

As part of its process and in accordance with its rating agreement
with DCPL, ICRA has been trying to seek information from the entity
so as to monitor its performance. Further, ICRA has been sending
repeated reminders to the entity for payment of surveillance fee
that became due. Despite multiple requests by ICRA, the entity's
management has remained non-cooperative. In the absence of
requisite information and in line with the aforesaid policy of
ICRA, the rating has been continued to the "Issuer Not Cooperating"
category. The rating is based on the best available information.

DCPL was started as a proprietorship firm by Mr. Sunil Gupta in
1992 which was converted to a partnership firm in 1995 and
subsequently converted to a private limited company in 1997 with
Mr. Sunil Gupta and Mrs. Kavita Gupta holding 100% shares of the
company. DCPL offered plumbing and fire-fighting equipment related
systems and services to hotels, hospitals, information technology
parks, residential multiplexes, and educational institutions. On
August 31, 2010, Blue Star Limited (BSL) acquired the business of
DCPL; consequently, DCPL currently has no business operations.


DWARIKADHISH SPINNERS: Insolvency Resolution Process Case Summary
-----------------------------------------------------------------
Debtor: Dwarikadhish Spinners Limited
        1, Village Kouli Majra,
        Near 66 KVA PSEB Lalru, Distt.
        Patiala Patiala- 140501 Punjab

Insolvency Commencement Date: July 2, 2024

Estimated date of closure of
insolvency resolution process: December 29, 2024

Court: National Company Law Tribunal Chandigarh Bench

Liquidator Prem Chand Goyal
    House No 1- F, Adjoining Municipal House,
           Model Town, Patiala, Punjab, 147001
           Email: pcq47758@qmail.com

           Unit No. A-204, Second Floor, Elante Offices,
           Plot No. 178-178A, Industrial Area Phase-1,
           Chandigarh - 160002
           Email: ip.dspinners@gmail.com
           Contact: -9813621782

Last date for
submission of claims: July 16, 2024


E COMMERCE MAGNUM: Insolvency Resolution Process Case Summary
-------------------------------------------------------------
Debtor: E Commerce Magnum Solution Limited
One BKC, A wing 1401, Plot No. C-66,
        G Block, Bandra Kurla Complex,
        Bandra (East) Mumbai City, Mumbai,
        Maharashtra, India 400051

Insolvency Commencement Date: July 1, 2024

Estimated date of closure of
insolvency resolution process: December 28, 2024

Court: National Company Law Tribunal Mumbai Bench

Liquidator: Ayyagari Viswanadha Sarma
     Email: ayya.vish@gmail.com
            Building 03, Flat 301, My Home Vihanga,
            Gopanpally Village, Serlingampally Mandal,
            Telagana, 500046
            Email: inmomenturmip@deloitte.com

Last date for
submission of claims: July 15, 2024


ED VENTURES: Voluntary Liquidation Process Case Summary
-------------------------------------------------------
Debtor: ED Ventures E-learning Private Limited
H. NO 22-202, First Floor, Radhakrishna Nagar,
        Malkajgiri, Hyderabad,
        Hyderabad Telangana, India, 500047

Insolvency Commencement Date: July 3, 2024

Court: National Company Law Tribunal Hyderabad Bench

Liquidator: V Shankar
            303, Block-A, Legend Commercial Complex,
            3-4-770 & 136,
            Opp. ICICI Bank,
            Above Keshav Medicals,
            Barkatpura Hyderabad-500027
     Email: 1981shanky@gmail.com

Last date for
submission of claims: August 2, 2024


GAYATRI DEVELOPWELL: ICRA D Debt Rating in Not Cooperating
----------------------------------------------------------
ICRA has kept the Long-term rating for the bank facilities of
Gayatri Developwell Pvt. Ltd. (GDPL) in the 'Issuer Not
Cooperating' category. The rating is denoted as "[ICRA]D; ISSUER
NOT COOPERATING".

                     Amount
   Facilities     (INR crore)    Ratings
   ----------     -----------    -------
   Long-term-        13.50       [ICRA]D; ISSUER NOT COOPERATING;
   Fund based                    Rating Continues to remain under
   Cash Credit                   'Issuer Not Cooperating'
                                 Category

As part of its process and in accordance with its rating agreement
with GDPL, ICRA has been trying to seek information from the entity
so as to monitor its performance. Further, ICRA has been sending
repeated reminders to the entity for payment of surveillance fee
that became due. Despite multiple requests by ICRA, the entity's
management has remained non-cooperative. In the absence of
requisite information and in line with the aforesaid policy of
ICRA, the rating has been continued to the "Issuer Not Cooperating"
category. The rating is based on the best available information.

Gayatri Developwell Pvt. Ltd. (GDPL) is part of the Agra based
Gayatri group. Promoted by Mr. Hari Om Dixit and Mr. Devendra
Dixit, the group has executed row houses and multi-storey apartment
projects in Agra and Mathura over the six to seven years. The
company is executing a multi-storey apartments project called
Gayatri Manhar Gardens on Sikandra Bodla road in Agra. Launched in
end of 2012, the project consists of 168 two and three BHK flats.
The project cost of INR37.25 crore is being funded by term loan of
INR13.5 crore, promoter contribution of INR8.5 crore and balance
customer advances. Apart from this, the group has various another
ongoing project included Gayatri Aura which is large residential
project in Greater Noida West, UP.


GOPINATH DAIRY: Liquidation Process Case Summary
------------------------------------------------
Debtor: Gopinath Dairy Products Private Limited
Plot No. D-14/2, MIDC TTC Industrial Area,
        Turbhe Thane - 400614,
        Maharashtra, India

Liquidation Commencement Date: June 25, 2024

Court: National Company Law Tribunal Bengaluru Bench

Liquidator: Mr. Lalit Kumar Dangi
     104, M.K Bhavan 300 Shahid Bhagat Singh Road,
            Fort, Mumbai City-400001, Maharashtra
            Email: lalitkumardangi.ip@gmail.com
            Email: gopinathdairy.cirp@gmail.com

Last date for
submission of claims: July 25, 2024


IDE APPARELS: ICRA Lowers Rating on INR34cr Term Loan to B+
-----------------------------------------------------------
ICRA has kept the Long-Term and Short-Term rating of IDE Apparels
Private Limited in the 'Issuer Not Cooperating' category. The
ratings are denoted as "[ICRA]B+(Stable); ISSUER NOT
COOPERATING/[ICRA]A4; ISSUER NOT COOPERATING".

                      Amount
   Facilities      (INR crore)     Ratings
   ----------      -----------     -------
   Long Term-         34.00        [ICRA]B+ (Stable) ISSUER NOT
   Fund-based-                     COOPERATING; Rating downgraded
   Term loan                       from [ICRA]BB+ (Stable) and
                                   continues to remain in the
                                   'Issuer Not Cooperating'
                                   Category

   Short Term-         2.25        [ICRA]A4 ISSUER NOT
   Fund Based-                     COOPERATING; Rating downgraded
   Bills Discounting               from [ICRA]A4+ and continues
                                   to remain in the 'Issuer Not
                                   Cooperating' category

   Short Term-         5.25        [ICRA]A4 ISSUER NOT
   Fund Based-                     COOPERATING; Rating downgraded
   Export Packing                  from [ICRA]A4+ and continues
   Credit                          to remain in the 'Issuer Not
                                   Cooperating' category

   Short Term-         5.00        [ICRA]A4 ISSUER NOT
   Non Fund Based                  COOPERATING; Rating downgraded
   Letter Of Credit                from [ICRA]A4+ and continues
                                   to remain in the 'Issuer Not
                                   Cooperating' category

As part of its process and in accordance with its rating agreement
with IDE Apparels Private Limited, ICRA has been trying to seek
information from the entity so as to monitor its performance.
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.

Incorporated in January 2022, IDE Apparels Private Limited is
promoted by Indian Designs Exports Private Limited as its 99%
subsidiary. The company has a knitwear Garment Manufacturing
facility, located in Hindupur, Anantapur district, Andhra Pradesh.
At present, the company has installed 29 lines (256 machines) with
capacity of manufacturing 36 lakh Pieces p.a. The total capacity
for the company is 69 lakh pieces p.a. The company started the
operations in August 2022.


ILA METALS: Liquidation Process Case Summary
--------------------------------------------
Debtor: Ila Metals Pvt Ltd
B 86 Vraj Dham Society
        Kamla Nagar Ajwa Road
        Vadodara GJ 390019

Insolvency Commencement Date: July 8, 2024

Court: National Company Law Tribunal Ahmedabad Bench

Liquidator: Rahul Nareshbhai Shah
            20, Sudershan Society, Part 2,
            Near Naranpura Busstop,
            Naranpura, Ahmedabad-380013
            Email: carahulnshah@gmail,com

            Shop No 6 Samprati Residency,
            Opp AMC Garden,
            Naranpura, Ahmedabad -380013
            Email: shiv.ila.cirp@gmail.com

Last date for
submission of claims: August 10, 2024


INDIA: Defaults Worth INR10.2 lakh cr Settled at Pre-admission
--------------------------------------------------------------
Deccan Herald reports that defaults worth INR10.2 lakh crore have
been settled at the stage of pre-admission of insolvency cases
since the inception of IBC in 2016, and more than one-fifth of the
companies undergoing resolution process are from the real estate
space, the Economic Survey said on July 22.

Also, in the past six years since FY18, the IBC (Insolvency &
Bankruptcy Code) has enabled over INR3 lakh crore recovery for
banks, which was much more than what the lenders had recovered
through previous mechanisms of Lok Adalats, DRTs, and the SARFAESI
Act, it said, Deccan Herald relates.

Since the implementation of IBC in 2016, a total of 31,394
corporate debtors cases "involving a value of INR13.9 lakh crore
have been disposed of (including pre-admission case disposals) as
of March 2024", said the Survey tabled in Parliament by Finance
Minister Nirmala Sitharaman.

Deccan Herald says the loss of control immediately after the
beginning of the resolution process has led debtors settle with
creditors as soon as the applications are filed with the National
Company Law Tribunal (NCLT).

"A singularly notable fact is that INR10.2 lakh crore of underlying
defaults were addressed at the pre-admission stage. This change in
debtor behaviour has been a big boon for banks and other lending
institutions," it said, adding the government has "taken several
measures to improve the insolvency ecosystem".

Deccan Herald relates that the IBC has created an "optimal
incentive-disincentive mix" to facilitate above-board and
transparent dealings in creditor-debtor relations, it said.

As of March 2024, over 1,500 real estate companies were admitted to
the insolvency resolution process under the IBC, accounting for a
21 per cent of total admissions, the Economic Survey, as cited by
Deccan Herald, said.

"One in four cases settled after admission was also from this
sector. Of the 891 corporate debtors resolved, 133 were real estate
companies, forming 15 per cent of the companies resolved," it
said.

As of March 2024, NCLT has facilitated the closure of 4,131
corporate insolvency resolution processes (CIRP).


M.D. FROZEN FOOD: ICRA Keeps D Debt Ratings in Not Cooperating
--------------------------------------------------------------
ICRA has kept the Long-Term ratings for the Bank Facility of M.D.
Frozen Food Exports Private Limited (MDPL) in the 'Issuer Not
Cooperating' category. The ratings are denoted as "[ICRA]D; ISSUER
NOT COOPERATING".

                    Amount
   Facilities     (INR crore)   Ratings
   ----------     -----------   -------
   Long-term-        28.00      [ICRA]D; ISSUER NOT COOPERATING;
   Fund based                   Rating Continues to remain under
   Cash Credit                  'Issuer Not Cooperating'
                                Category

   Long-term          0.25      [ICRA]D; ISSUER NOT COOPERATING;
   Non-fund based               Rating continues to remain under
   Others                       'Issuer Not Cooperating'
                                Category

   Long Term-        26.75      [ICRA]D; ISSUER NOT COOPERATING;
   Unallocated                  Rating Continues to remain under
                                'Issuer Not Cooperating'
                                Category

As part of its process and in accordance with its rating agreement
with MDPL, ICRA has been trying to seek information from the entity
so as to monitor its performance. Further, ICRA has been sending
repeated reminders to the entity for payment of surveillance fee
that became due. Despite multiple requests by ICRA, the entity's
management has remained non-cooperative. In the absence of
requisite information and in line with the aforesaid policy of
ICRA, the rating has been continued to the "Issuer Not Cooperating"
category. The rating is based on the best available information.

Incorporated in 1996, M.D. Frozen Food Exports Private Limited
(MDPL) is engaged in processing and export of frozen meat to the
Commonwealth of Independent States (CIS) and countries in Africa,
Asia, and the Middle East. MDPL purchases raw meat from various
local butchers and government run slaughterhouses. The meat is then
processed by associate concerns, Sushil Ice Factory & Cold Storage
Private Limited (SPL) and MDF (prior toFY15) on job work basis. SPL
has its processing plant and
cold storage at Lawrence Road in New Delhi.


M.D. FROZEN: ICRA Keeps D Debt Ratings in Not Cooperating
---------------------------------------------------------
ICRA has kept the Long-Term ratings for the Bank Facility of M.D.
Frozen Food Exports in the 'Issuer Not Cooperating' category. The
ratings are denoted as "[ICRA]D; ISSUER NOT COOPERATING".

                     Amount
   Facilities     (INR crore)    Ratings
   ----------     -----------    -------
   Long-term-        54.50       [ICRA]D; ISSUER NOT COOPERATING;
   Fund based                    Rating Continues to remain under
   Cash Credit                   'Issuer Not Cooperating'
                                 Category

   Long-term-         7.63       [ICRA]D; ISSUER NOT COOPERATING;
   Fund based                    Rating Continues to remain under
   Term Loan                     'Issuer Not Cooperating'
                                 Category

   Long-term-         2.37       [ICRA]D; ISSUER NOT COOPERATING;
   Unallocated                   Rating Continues to remain under
                                 'Issuer Not Cooperating'
                                 Category

   Long-term          0.50       [ICRA]D; ISSUER NOT COOPERATING;
   Non-fund based                Rating continues to remain under
   Others                        'Issuer Not Cooperating'
                                 Category

As part of its process and in accordance with its rating agreement
with M.D. Frozen Food Exports, ICRA has been trying to seek
information from the entity so as to monitor its performance.
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.

Formed in 1992 as a partnership firm, M.D. Frozen Food Exports is
engaged in processing and export of frozen meat to various
countries in Africa, Asia, and the Middle East. MDF purchases live
animals from traders and farmers and sends it to the Meem Agro
slaughterhouse. The meat is then processed at its facilities in
Dasna, Ghaziabad (UP), stored at Dasna or at Lawrence road facility
of M/s Sushil Ice Factory & Cold Storage (another promoter
concern), dispatched to Mumbai by train from where it is shipped
overseas. The meat is sold under its own brand name 'Hanian' or
other generic brands as desired by buyers. MDF also used to
processes meat on a contractual basis for its group concern, MD
Frozen Food Exports Private Limited (MDPL) but has not done so in
FY15.

MAJESTIC HOTELS: Insolvency Resolution Process Case Summary
-----------------------------------------------------------
Debtor: Majestic Hotels Limited
        "Hotel Park Plaza- Ludhiana"
Majestic Park Plaza,
        Bhai Bala Chowk Ferozepur Road,
        Ludhiana, Punjab, India, 141002

Insolvency Commencement Date: July 3, 2024

Estimated date of closure of
insolvency resolution process: December 30, 2024

Court: National Company Law Tribunal Chandigarh Bench

Liquidator: CA. Naveet Gupta
     #1598, Level-1, Sector 22-B,
            Chandigarh-160022
            Email: navguptaca@gmail.com
            Email: majestichotels.cirp@gmail.com

Last date for
submission of claims: July 17, 2024


MARC LABORATORIES: ICRA Keeps B+ Debt Ratings in Not Cooperating
----------------------------------------------------------------
ICRA has kept the Long-Term ratings for the Bank Facility of Marc
Laboratories Limited (MLL) in the 'Issuer Not Cooperating'
category. The ratings are denoted as "[ICRA]B+(Stable); ISSUER NOT
COOPERATING".

                      Amount
   Facilities      (INR crore)    Ratings
   ----------      -----------    -------
   Long Term-         12.00       [ICRA]B+ (Stable) ISSUER NOT
   Fund Based-                    COOPERATING; Rating continues
   Cash Credit                    to remain under 'Issuer Not
                                  Cooperating' category

   Long Term-          0.88       [ICRA]B+ (Stable) ISSUER NOT
   Unallocated                    COOPERATING; Rating continues
                                  to remain under 'Issuer Not
                                  Cooperating' category

   Long Term-          1.40       [ICRA]B+ (Stable) ISSUER NOT
   Fund Based-                    COOPERATING; Rating continues
   Term Loan                      to remain under 'Issuer Not
                                  Cooperating' category

As part of its process and in accordance with its rating agreement
with MLL, ICRA has been trying to seek information from the entity
so as to monitor its performance. Further, ICRA has been sending
repeated reminders to the entity for payment of surveillance fee
that became due. Despite multiple requests by ICRA, the entity's
management has remained non-cooperative. In the absence of
requisite information and in line with the aforesaid policy of
ICRA, the rating has been continued to the "Issuer Not Cooperating"
category. The rating is based on the best available information.

Incorporated in April 1985, MLL is a privately held pharmaceutical
company, with its headquarters in Lucknow, Uttar Pradesh, and is
engaged in developing, manufacturing and marketing pharmaceutical
products. With its manufacturing facilities located in Baddi,
Himachal Pradesh, the company caters to a considerably broad range
of therapeutic segments like orthopedic, gynecology,
cardiovascular, gastrointestinal, analgesic, hematinic,
anti-infective, antibiotic, and antidiabetic. The company's key
markets are Uttar Pradesh and Bihar, however, the company has
recently expanded its geographical footprint to include
Chhattisgarh, West Bengal, Rajasthan and Maharashtra. In addition
to MLL, the group comprises of Marc India Limited (engaged in
manufacturing and distributing veterinary products) and Helars Lab
(engaged in contract manufacturing for MLL and Marc India).


MARUTI STRIPS: Insolvency Resolution Process Case Summary
---------------------------------------------------------
Debtor: Maruti Strips and Ferro Alloys Private Limited
Clover center, Office No. D-544, 5TH Floor,
        7, Moledina Road, Pune Camp
        411001, Maharashtra

Insolvency Commencement Date: May 7, 2024

Estimated date of closure of
insolvency resolution process: December 28, 2024

Court: National Company Law Tribunal Chandigarh Bench

Liquidator: Vishnu Kant Kabra
     903, Mayfair Greens, S.V. Road,
            Kandivali West, Mumbai-400067
            Email: ipvishnukabra@gmail.com

Last date for
submission of claims: July 15, 2024


MELANGE DEVELOPERS: ICRA B+ Rating in Not Cooperating Category
--------------------------------------------------------------
ICRA has kept the Long-Term rating for the Bank facilities of
Melange Developers in the 'Issuer Not Cooperating' category. The
rating is denoted as "[ICRA]B+(Stable);ISSUER NOT COOPERATING".

                      Amount
   Facilities      (INR crore)    Ratings
   ----------      -----------    -------
   Long Term-         40.00       [ICRA]B+ (Stable) ISSUER NOT
   Fund Based-                    COOPERATING; Rating continues
   Term Loan                      to remain under 'Issuer Not
                                  Cooperating' category

As part of its process and in accordance with its rating agreement
with Melange Developers, ICRA has been trying to seek information
from the entity so as to monitor its performance. Further, ICRA has
been sending repeated reminders to the entity for payment of
surveillance fee that became due. Despite multiple requests by
ICRA, the entity's management has remained non-cooperative. In the
absence of requisite information and in line with the aforesaid
policy of ICRA, the rating has been continued to the "Issuer Not
Cooperating" category. The rating is based on the best available
information.

Melange Developers is a real estate residential projects
development firm. The promoters of the partnership firm are also
the promoters of "Pristine Group' and 'Ceratec Group' which are one
of the larger real estate groups having presence in Pune,
Maharashtra. The project 'Pristine Pacific (Phase-II)' is in
Ambegaon Bk., Pune near Mumbai-Pune Bypass Road, and offers
accessibility to various popular educational institutes, hospitals,
malls, and localities. The project would have 5 towers. The project
is aimed at middle and upper middle-class clientele and is
formatted on 'ready to move in' apartment concept. As on date, the
firm has received commencement certificates for all of 210 flats on
offer, and saleable area of 2.21 lac sq. ft.


MIDAS AGRO: ICRA Keeps B Debt Ratings in Not Cooperating Category
-----------------------------------------------------------------
ICRA has kept the Long-Term rating of Midas Agro Foods Pvt. Ltd.
(MAFPL) in the 'Issuer Not Cooperating' category. The ratings are
denoted as "[ICRA]B(Stable); ISSUER NOT COOPERATING".

                      Amount
   Facilities      (INR crore)    Ratings
   ----------      -----------    -------
   Long Term-          9.33       [ICRA]B (Stable) ISSUER NOT
   Fund Based-                    COOPERATING; Rating continues
   Cash Credit                    to remain under 'Issuer Not
                                  Cooperating' category

   Long Term-          0.43       [ICRA]B (Stable) ISSUER NOT
   Fund Based-                    COOPERATING; Rating continues
   Term Loan                      to remain under 'Issuer Not
                                  Cooperating' category

As part of its process and in accordance with its rating agreement
with MAFPL, ICRA has been trying to seek information from the
entity so as to monitor its performance. Further, ICRA has been
sending repeated reminders to the entity for payment of
surveillance fee that became due. Despite multiple requests by
ICRA, the entity's management has remained non-cooperative. In the
absence of requisite information and in line with the aforesaid
policy of ICRA, the rating has been continued to the "Issuer Not
Cooperating" category. The rating is based on the best available
information.

Midas Agro Foods Pvt. Ltd. (MAFPL) took over SRGM on August 26th,
2016, along with all its assets and liabilities. MAFPL is primarily
engaged in the milling of Rice with an installed capacity of 12 tph
which is situated in Moga (Punjab). The company has 3 sortex plants
with capacity of 3 tons/hour each.


NALGONDA MUNICIPALITY: ICRA Keeps B+ Rating in Not Cooperating
--------------------------------------------------------------
ICRA has kept the Long-term ratings for the bank facilities of
Nalgonda Municipality in the 'Issuer Not Cooperating' category. The
rating is denoted as "[ICRA]B+(Stable); ISSUER NOT COOPERATING".

As part of its process and in accordance with its rating agreement
with Nalgonda Municipality, ICRA has been trying to seek
information from the entity so as to monitor its performance.
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.

Nalgonda Municipality (NM), was upgraded to a Municipality in 2018
from a selection-grade Municipality. The ULB provides municipal
services to the city of Nalgonda, situated in the Nalgonda district
of Telangana and is governed by the Telangana Municipalities Act
2019 (Act). It covers an area of 105 square kilometre (sq. km.) and
serves a population of 2,07,050 (projected for 2021). The major
functions of the NM involve water supply, solid waste management,
repair and maintenance of roads and street lighting in its area.
The ULB is divided into 45 wards and is governed by an elected body
(Council), headed by a Chairperson, while the Commissioner acts as
the chief executive, overseeing its everyday functioning.


NAN FANG: Voluntary Liquidation Process Case Summary
----------------------------------------------------
Debtor: M/s Nan Fang Enterprise (India) Private Limited
402, 4th Floor, ABC-I 30/A,
        Sardar Patel Negar Society Off,
        C.G Road, Ahmedabad
        Gujarat-380009, India

Liquidation Commencement Date: June 22, 2024

Court: National Company Law Tribunal Ahmedabad Bench

Liquidator: Mr. Vinit Nagar
     818, Shivalik Satyamev Bopal-Ambii Cross Road,
            Bopal Ahmedabad-380058, Gujarat
            Email: ipvinitnagar@gmail.com

Last date for
submission of claims: July 21, 2024


PALAR HOME: Voluntary Liquidation Process Case Summary
------------------------------------------------------
Debtor: Palar Home Textiles Private Limited
Registered Office:
        No.3, Second Floor, Salzburg Square Building,
        107 Harrington Road,
        Opp to Shoppers Stop,
        Chetpet, Chennai - 600031

Liquidation Commencement Date: June 21, 2024

Court: National Company Law Tribunal Chennai Bench

Liquidator: Chitra Srinivas
            ASTA AVM, Flat B4E, P.V. Rajamannar Salai,
            K.K.Nagar, Chennai - 600078.
            Email: schitra18@gmail.com
            Mobile No.: 9884355245

Last date for
submission of claims: July 20, 2024


PRATIBHA CONSTRUCTIONS: ICRA Keeps D Ratings in Not Cooperating
---------------------------------------------------------------
ICRA has kept the Long-Term and Short-Term rating for the Bank
facilities of Pratibha Constructions Engineers & Contractors
(India) Private Limited in the 'Issuer Not Cooperating' category.
The rating is denoted as "[ICRA]D;ISSUER NOT
COOPERATING/[ICRA]D; ISSUER NOT COOPERATING".

                     Amount
   Facilities     (INR crore)    Ratings
   ----------     -----------    -------
   Long-term-        24.77       [ICRA]D; ISSUER NOT COOPERATING;
   Fund based                    Rating Continues to remain under
   Cash Credit                   'Issuer Not Cooperating'
                                 Category

   Short-term        25.00       [ICRA]D; ISSUER NOT COOPERATING;
   Non-fund based                Rating continues to remain under
                                 'Issuer Not Cooperating'
                                 Category

   Long-term/        65.23       [ICRA]D/[ICRA]D; ISSUER NOT
   Short Term                    COOPERATING; Rating Continues to
   Unallocated                   remain under 'Issuer Not
                                 Cooperating' Category

As part of its process and in accordance with its rating agreement
with Pratibha, ICRA has been trying to seek information from the
entity so as to monitor its performance. Further, ICRA has been
sending repeated reminders to the entity for payment of
surveillance fee that became due. Despite multiple requests by
ICRA, the entity's management has remained non-cooperative. In the
absence of requisite information and in line with the aforesaid
policy of ICRA, the rating has been continued to the "Issuer Not
Cooperating" category. The rating is based on the
best available information.

Pratibha Constructions Engineers & Contractors (India) Pvt. Ltd.
(Pratibha) is in the construction business since last 30 years. It
started as a partnership firm in 1984 and with the increasing scale
of operation it was subsequently converted to a Private Limited
Company in 2002. Pratibha started with construction of industrial
buildings for sugar factories and spinning mills. In 2001 Pratibha
received its first road project where it worked as a sub-contractor
for IVRCL Infrastructure and Projects Ltd. Currently, Pratibha is
primarily engaged in the business of civil constructions of canals,
sugar and co gen plants, thermal power stations, water supply
schemes and other related infrastructural facilities.


PREMIER INDUSTRIAL: ICRA B+ Ratings in Not Cooperating Category
---------------------------------------------------------------
ICRA has kept the Long-Term and Short-Term rating of Premier
Industrial Corporation Limited in the 'Issuer Not Cooperating'
category. The ratings are denoted as "[ICRA]B+(Stable); ISSUER NOT
COOPERATING/[ICRA]A4; ISSUER NOT COOPERATING".

                      Amount
   Facilities      (INR crore)    Ratings
   ----------      -----------    -------
   Long Term-         45.00       [ICRA]B+ (Stable) ISSUER NOT
   Fund Based-                    COOPERATING; Rating continues
   Cash Credit                    to remain under 'Issuer Not
                                  Cooperating' category

   Long Term-         0.03        [ICRA]B+ (Stable) ISSUER NOT
   Fund Based-                    COOPERATING; Rating continues
   Term Loan                      to remain under 'Issuer Not
                                  Cooperating' category

   Long Term/         4.97        [ICRA]B+ (Stable)/[ICRA]A4;
   Short Term-                    ISSUER NOT COOPERATING;
   Unallocated                    Rating Continues to remain
                                  under issuer not cooperating
                                  category

   Short Term       (22.00)       [ICRA]A4; ISSUER NOT
   Interchangeable                COOPERATING; Rating Continues
                                  to remain under issuer not
                                  cooperating category

As part of its process and in accordance with its rating agreement
with Premier Industrial Corporation Limited, ICRA has been trying
to seek information from the entity so as to monitor its
performance. Further, ICRA has been sending repeated reminders to
the entity for payment of surveillance fee that became due. Despite
multiple requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.

Established in 1978, Premier Industrial Corporation Ltd. is engaged
in the processing of ferro and metal such as ferromanganese,
ferrochrome and ferrosilicon and nickel wires and caters mainly to
the welding electrode industries in foreign as well as domestic
markets. PICL is an ISO 9001:2000 certified entity. PICL is a part
of the Kamman Group, which has two other group concerns named
'Premier Developers', which is in the business of construction and
'Kamman Corporation' (rated as [ICRA]B+(stable)/[ICRA]A4 ISSUER NOT
COOPERATING by ICRA in October 2019), engaged in trading of
minerals and ferro alloys. The company has its registered office at
Vikhroli, Mumbai and manufacturing facilities at Rabale, Taloja and
Bhiwandi.


RAI BAHADUR: ICRA Keeps B+ Debt Rating in Not Cooperating
---------------------------------------------------------
ICRA has kept the long-term rating of Rai Bahadur Raghbir Singh
Educational Society in the 'Issuer Not Cooperating' category. The
rating is denoted as [ICRA]B+(Stable); ISSUER NOT COOPERATING".

                      Amount
   Facilities      (INR crore)    Ratings
   ----------      -----------    -------
   Long Term-         15.41       [ICRA]B+ (Stable) ISSUER NOT
   Fund Based-                    COOPERATING; Rating continues
   Term Loan                      to remain under 'Issuer Not
                                  Cooperating' category

As part of its process and in accordance with its rating agreement
with Rai Bahadur Raghbir Singh Educational Society, ICRA has been
trying to seek information from the entity so as to monitor its
performance. Further, ICRA has been sending repeated reminders to
the entity for payment of surveillance fee that became due. Despite
multiple requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.

Rai Bahadur Raghbir Singh Educational Society runs the GD Goenka
Public School in Sarita Vihar. The school commenced operations in
April 2015. The promoter group has significant experience in the
education sector, as it already operates the Rohini branch and
Gurgaon branch of GD Goenka Public School since 2007 and 2013,
respectively. The society also operates reputed colleges in Delhi
through Maharaja Agrasen Technical Education Society, and Maharaja
Agrasen Hospital Charitable Trust.


ROYAL TYRES: ICRA Withdraws D Rating on INR6.21cr Term Loan
-----------------------------------------------------------
ICRA has withdrawn the ratings assigned to the bank facilities of
Royal Tyres Private Limited at the request of the company and based
on the No Objection Certificates (NOC) received from its banker.
However, ICRA does not have information to suggest that the credit
risk has changed since the time the rating was last reviewed. The
Key Rating Drivers, Liquidity Position, Rating Sensitivities, Key
financial indicators have not been captured as the rated
instruments are being withdrawn.

                     Amount
   Facilities     (INR crore)    Ratings
   ----------     -----------    -------
   Long-term-          0.40      [ICRA]D; ISSUER NOT COOPERATING;
   Fund based                    Withdrawn
   Cash Credit                    

   Long-term-          6.21      [ICRA]D; ISSUER NOT COOPERATING;
   Fund based                    Withdrawn
   Term Loan                     

   Short-term          0.80      [ICRA]D; ISSUER NOT COOPERATING;
   fund based                    Withdrawn
   Packing Credit                

   Short-term         0.30       [ICRA]D; ISSUER NOT COOPERATING;
   Non-fund based                Withdrawn
   Others                        

   Long-term/         2.29       [ICRA]D/[ICRA]D; ISSUER NOT
   Short Term                    COOPERATING; Withdrawn
   Unallocated                   

Incorporated in 1992, Royal Tyres Private Limited is engaged in the
manufacturing of solid tyres catering to various end User
industries including automobile, logistics, railway and airport.


SATLUJ SPINTEX: Insolvency Resolution Process Case Summary
----------------------------------------------------------
Debtor: Satluz Spintex Limited
Post Office Bazar
        Near Post Office,
        Bathinda Punjab - 151001

Insolvency Commencement Date: July 3, 2024

Estimated date of closure of
insolvency resolution process: December 30, 2024

Court: National Company Law Tribunal Chandigarh Bench

Liquidator: Pardeep Kumar Lakhami
     408 Ram Baugh Lane, Lotus Park,
            BHD, H.P Petrol Pump, Malad  W(Chincholi),
            Mumbai City, Maharasthra - 400064
            Email: pradeep.lakhani1967@gmail.com
            Email: cirp.satluzspintex@gmail.com

Last date for
submission of claims: July 17, 2024


SAVIS RETAIL: Voluntary Liquidation Process Case Summary
--------------------------------------------------------
Debtor: Savis Retail Private Limited
1st Floor, No 7/3, Old Mards Road
        Above HDFC Bank,
        C,V Raman Nagar Banglore,
        Karnataka, India, 560093

Liquidation Commencement Date: June 17, 2024

Court: National Company Law Tribunal Bengaluru Bench

Liquidator: Srilakshmi P
     41, Patalamma Temple Street,
            Basavanagudi, Near South End Circle,
            Bangalore-560004, Karnataka
            Email: sri@gurujana.com

Last date for
submission of claims: July 16, 2024


SENIOR BUILDERS: Insolvency Resolution Process Case Summary
-----------------------------------------------------------
Debtor: Senior Builders Limited
1/1, Shanti Niketan,
        South Delhi- 110021

Insolvency Commencement Date: July 4, 2024

Estimated date of closure of
insolvency resolution process: December  31, 2024 (180 Days)

Court: National Company Law Tribunal Delhi Bench-IV

Liquidator: Umesh Gupta
     Ground Floor ,221-A/19, Onkar Nagar B,
            Tri Nagar, North West,
            National Capital Territory of Delhi , 110035
            Email: umesh@vamindia.in

            Unit No. 112, First Floor, Tower-A,
            Spazedge Commercial Complex,
            Sector-47, Sohna Road,
            Gurgaon-122018
            Email: ibc.seniorbuilders@gmail.com

Last date for
submission of claims: July 18, 2024


SHAMBHU MAHADEV: Liquidation Process Case Summary
-------------------------------------------------
Debtor: M/s. Shambhu Mahadev & Allied Industries Limited
A/P. Havargoan, Tal - Kallam,
        Osmanabad, Maharashtra,
        India, 413507

Liquidation Commencement Date: June 13, 2024

Court: National Company Law Tribunal Hyderabad Bench

Liquidator: Mr. Abhay Narayan Manudhane
            201, Shubh Ashish, 129, Model Town,
            Four Bungalows, Andheri West,
            Mumbai, Maharashtra – 400053
            Email: anmanudhane@rediffmail.com

            Waterfall Insolvency Professionals Private Limited
            1204, Maker Chambers V,
            Nariman Point, Mumbai - 400021
            Email: liquidator.shambhumahadev@gmail.com

Last date for
submission of claims: July 31, 2024


SHARU STEELS: ICRA Keeps B+ Ratings in Not Cooperating Category
---------------------------------------------------------------
ICRA has kept the Long-Term and Short-Term rating of Sharu Steels
(P) Ltd. (SSPL) in the 'Issuer Not Cooperating' category. The
ratings are denoted as "[ICRA]B+(Stable); ISSUER NOT COOPERATING/
[ICRA]A4; ISSUER NOT COOPERATING".

                      Amount
   Facilities      (INR crore)    Ratings
   ----------      -----------    -------
   Long Term-         17.00       [ICRA]B+ (Stable) ISSUER NOT
   Fund Based-                    COOPERATING; Rating continues
   Cash Credit                    to remain under 'Issuer Not
                                  Cooperating' category

   Long Term-          0.48       [ICRA]B+ (Stable) ISSUER NOT
   Fund Based-                    COOPERATING; Rating continues
   Term Loan                      to remain under 'Issuer Not
                                  Cooperating' category

   Short Term-        17.00       [ICRA]A4 ISSUER NOT
   Non Fund Based                 COOPERATING; Rating continues
   Others                         to remain under 'Issuer Not
                                  Cooperating' category

   Long Term/         (8.00)      [ICRA]B+ (Stable)/[ICRA]A4;
   Short Term-                    ISSUER NOT COOPERATING;
   Unallocated                    Rating Continues to remain
                                  under issuer not cooperating
                                  category

As part of its process and in accordance with its rating agreement
with SSPL, ICRA has been trying to seek information from the entity
so as to monitor its performance Further, ICRA has been sending
repeated reminders to the entity for payment of surveillance fee
that became due. Despite multiple requests by ICRA, the entity's
management has remained non-cooperative. In the absence of
requisite information and in line with the aforesaid policy of
ICRA, the rating has been continued to the "Issuer Not Cooperating"
category. The rating is based on the best available information.

Incorporated in 1991, SSPL is a closely held company that
manufactures steel ingots and rolling them into rounds and other
steel products. The manufacturing facility of the company is
located at Ludhiana, Punjab. The company has an induction furnace
with a capacity of 25,000 tonne per annum (TPA) and a rolling mill
with a capacity of 20,000 TPA.


SHIRPUR GOLD : Insolvency Resolution Process Case Summary
---------------------------------------------------------
Debtor: Shirpur Gold Refinery Limited

Registered Office:
        Refinery Site Shirpur
        District Dhule,
        Dhulia, Maharashtra,
        India - 425405

        Corporate Office:
        135, Continental Building
        Dr. A. B. Road
        Worli, Mumbai - 400 018
  
Insolvency Commencement Date: June 24, 2024

Estimated date of closure of
insolvency resolution process: December 21, 2024

Court: National Company Law Tribunal, Mumbai Bench

Liquidator: Mr. Ashish Vvyas
     B-1A Viceroy Court CHS,
            Thakur Village, Kandival (East),
            Mumbai Suburban, Maharashtra - 400 101
            Email: ashishvyas2006@gmail.com
            Email: cirp.sgrl@dimax.in

Last date for
submission of claims: July 9, 2024


SHYAMJI AGRICO: ICRA Keeps D Debt Ratings in Not Cooperating
------------------------------------------------------------
ICRA has kept the Long-Term ratings of Shri Shyamji Agrico Exports
Private Limited (SAEPL) in the 'Issuer Not Cooperating' category.
The rating is denoted as "[ICRA]D; ISSUER NOT COOPERATING".

                     Amount
   Facilities     (INR crore)    Ratings
   ----------     -----------    -------
   Long-term-        15.25       [ICRA]D; ISSUER NOT COOPERATING;
   Fund based                    Rating Continues to remain under
   Cash Credit                   'Issuer Not Cooperating'
                                 Category

   Long-term-         5.72       [ICRA]D; ISSUER NOT COOPERATING;
   Fund based                    Rating Continues to remain under
   Term Loan                     'Issuer Not Cooperating'
                                 Category

   Long Term-         0.28       [ICRA]D; ISSUER NOT COOPERATING;
   Unallocated                   Rating Continues to remain under
                                 'Issuer Not Cooperating'
                                 Category

As part of its process and in accordance with its rating agreement
with SAEPL, ICRA has been trying to seek information from the
entity so as to monitor its performance. Further, ICRA has been
sending repeated reminders to the entity for payment of
surveillance fee that became due. Despite multiple requests by
ICRA, the entity's management has remained non-cooperative. In the
absence of requisite information and in line with the aforesaid
policy of ICRA, the rating has been continued to the "Issuer Not
Cooperating" category. The rating is based on the best available
information.

SAEPL is a closely held company and was incorporated in 2014 after
taking over D.S International (partnership firm). After the
above-mentioned take-over, all the assets and liabilities of D.S.
International were transferred to SAEPL. The partners of D.S.
International have become the promoters of the company. The company
is engaged in milling and processing of basmati rice at its plant
located at Karnal, Haryana which has a milling capacity of 13 tons
per hour.


SILVER JUBILEE: Insolvency Resolution Process Case Summary
----------------------------------------------------------
Debtor: Silver Jubilee Motor Limited
12 Moledina Road, Pune,
        Maharashtra, India 411001

Insolvency Commencement Date: July 3, 2024

Estimated date of closure of
insolvency resolution process: December 29, 2024

Court: National Company Law Tribunal Mumbai Bench-VI

Liquidator: Rattan Chaudhry
     F-86 Tekhand, New Delhi
            National Capital Territory of Delhi,
            110020
            Email: rattan.chaudhry@yahoo.com.in
            Email: cirpsilverjubileemotors@gmail.com

Last date for
submission of claims: July 17, 2024


SRS LIMITED: ICRA Keeps D Debt Ratings in Not Cooperating
---------------------------------------------------------
ICRA has kept the Long-term and Short-term rating for the bank
facilities of SRS Limited in the 'Issuer Not Cooperating' category.
The rating is denoted as "[ICRA]D/[ICRA]D; ISSUER NOT
COOPERATING".

                     Amount
   Facilities     (INR crore)    Ratings
   ----------     -----------    -------
   Long-term-        350.00      [ICRA]D; ISSUER NOT COOPERATING;
   Fund based                    Rating Continues to remain under
   Cash Credit                   'Issuer Not Cooperating'
                                 Category

   Long-term-         10.00      [ICRA]D; ISSUER NOT COOPERATING;
   Fund based                    Rating Continues to remain under
   Term Loan                     'Issuer Not Cooperating'
                                 Category

   Short Term        238.00      [ICRA]D; ISSUER NOT COOPERATING;
   Non Fund Based                Rating continues to remain under
                                 the 'Issuer Not Cooperating'
                                 category

   Long-term/        237.00      [ICRA]D/[ICRA]D; ISSUER NOT
   Short Term                    COOPERATING; Rating Continues to
   Fund Based/                   remain under 'Issuer Not
   Non Fund Based                Cooperating' Category

   NCD/Debt-Fixed    225.00      [ICRA]D; ISSUER NOT
   Deposit                       COOPERATING; Rating continues
                                 To remain under the 'Issuer Not
                                 Cooperating' category

As part of its process and in accordance with its rating agreement
with SRS, ICRA has been trying to seek information from the entity
so as to monitor its performance. Further, ICRA has been sending
repeated reminders to the entity for payment of surveillance fee
that became due. Despite multiple requests by ICRA, the entity's
management has remained noncooperative. In the absence of requisite
information and in line with the aforesaid policy of ICRA, the
rating has been continued to the "Issuer Not Cooperating" category.
The rating is based on the best available information.

SRS is present across diverse business segments such as jewellery,
retailing and cinemas, all of which are operated under the brand
SRS. It was incorporated as SRS Commercial Company Limited in
August 2000 and was later renamed to SRS Entertainment Limited in
January 2005. Subsequently the name of the company was changed to
SRS Entertainment and Multitrade Limited in January 2009 and the
company was renamed as SRS Limited, in July 2009, which is the
present name of the company. The numerous changes in the name of
the company have been due to changes in nature of its business
activities over the years. The company has been involved in the
retail/wholesale sale of jewellery, besides operating a chain of
modern format retail stores and a chain of cinemas.


STRATEGIC BIZCOM: Voluntary Liquidation Process Case Summary
------------------------------------------------------------
Debtor: Strategic Bizcom Services Private Limited
G-4, CAPSTONE,
        Opp. Chirag Motors,
        Sheth Mangaldas Road,
        Ellisbridge Ahmedabad-380006
        Gujarat India

Insolvency Commencement Date: July 8, 2024

Court: National Company Law Tribunal Ahmedabad Bench

Liquidator: Trapalkumar Patel
     C/505, The First, B/H ITC Narmada,
            Nr Keshavbaug Party Plot,
            Vastrapur Ahmedabad-380015
            Email: trupal.ip@gmail.com

Last date for
submission of claims: August 7, 2024


SUPERTECH TOWNSHIP: NCLT Begins Insolvency Resolution Process
-------------------------------------------------------------
Hindustan Times reports that while admitting a petition of Bank of
Punjab & Sind, the National Company Law Tribunal (NCLT) has begun
the corporate insolvency resolution process (CIRP) against
Supertech townships projects limited which allegedly defaulted to
make payment of a loan that it took from the bank, said an order.

The NCLT's order came in response to a plea filed by the bank that
wants to recover INR216 crore loan dues, the report says.

In June 2023, the bank had filed a plea seeking CIRP against the
Supertech townships projects limited that was developing a housing
project named Golf Country, spread over 99 acres land in Sector 22D
along the Yamuna Expressway, Hindustan Times recalls.

There are around 3,000 home-buyers who are yet to get the
possession of their units in the project. The home-buyers and the
developer objected to CIRP, but failed to get relief.

"In terms of section 7(7) of the Code, the Registry is hereby
directed to communicate a copy of the order to the financial
creditor (bank), the corporate Debtor (Supertech townships projects
limited), the Interim Resolution Professional and the Registrar of
Companies, NCT of Delhi & Haryana at the earliest possible but not
later than seven days from today. Accordingly, the instant
application filed under Section 7 of the Code, 2016 bearing
I.B./462/2023 stands admitted," said NCLT order delivered on July
12 by justice Manni Sankariah Shanmuga and Dr Sanjeev Ranjan,
member technical, NCLT, Hindustan Times relays.

"We direct the applicant/financial creditor to deposit a sum of
INR200,000 with the Interim Resolution Professional namely Umesh
Singhal to meet out the expenses to perform the functions assigned
to her in accordance with Regulation 6 of Insolvency and Bankruptcy
Board of India (Insolvency Resolution Process for Corporate Person)
Regulations, 2016. The needful shall be done within three days from
the date of receipt of this order by the financial creditor. The
said amount, however, is subject to adjustment towards resolution
process cost as per applicable rules . . .," said the order.

According to Hindustan Times, the bank in its plea said that the
Supertech Township Projects Limited has defaulted in making the
payment of INR216 crore loan including interest.

Hindustan Times relates that the tribunal (NCLT) said that since
the developer's account was termed as non-performing assets in 2018
itself, the promoter cannot be considered that he will complete and
deliver the project, thereby starting the CIRP.

Hindustan Times says the applicant submitted before the NCLT that
the Corporate Debtor- Supertech Township Project Limited had
proposed to develop a Group Housing Project - Golf Country at Plot
No. TS-05, Sector-22- D, Yamuna Expressway, Greater Noida, UP.

The cost of the project was estimated around INR1,499.97 crores,
proposed to be financed by term Loan of INR340 crores, promoter's
contribution of INR453.04 crores and advance booking from customer
of INR706.93 crores.

On July 10, 2018 the bank issued first notice to Supertech Township
Project Limited and since then the developer could not arrange the
funds to complete the project, Hindustan Times adds.


SUPREME FIN-HOLD: Insolvency Resolution Process Case Summary
------------------------------------------------------------
Debtor: Supreme Fin-Hold Private Limited
12/21, Shakti Nagar, Nangia Park,
        New Delhi, India, 110007

Insolvency Commencement Date: July 1, 2024

Estimated date of closure of
insolvency resolution process: December 28, 2024

Court: National Company Law Tribunal, New Delhi, Bench-II

Insolvency
Professional: Dev Vrat Rana
       Shop No. 5, B.S.M Tiraha,
              Roorkee Hari Singh Market,
              Haridwar, Uttarakhand-247667
              Email: cadevrana@gmail.com
              Email: cirp.supremefinhold@gmail.com

Last date for
submission of claims: July 15, 2024


SURYA FOODS: ICRA Keeps B Debt Ratings in Not Cooperating
---------------------------------------------------------
ICRA has kept the Long-Term ratings of Surya Foods in the 'Issuer
Not Cooperating' category. The rating is denoted as
"[ICRA]B(Stable) ISSUER NOT COOPERATING".

                      Amount
   Facilities      (INR crore)     Ratings
   ----------      -----------     -------
   Fund based           5.00       [ICRA]B(Stable); ISSUER NOT
   Cash Credit                     COOPERATING; Rating Continues
                                   to remain under the 'Issuer
                                   Not Cooperating' category

   Fund based           2.50       [ICRA]B(Stable); ISSUER NOT
   Term loan                       COOPERATING; Rating Continues
                                   to remain under the 'Issuer
                                   Not Cooperating' category

   Unallocated          2.50       [ICRA]B(Stable); ISSUER NOT
                                   COOPERATING; Rating Continues
                                   to remain under the 'Issuer
                                   Not Cooperating' category

As part of its process and in accordance with its rating agreement
with Surya Foods, ICRA has been trying to seek information from the
entity so as to monitor its performance. Further, ICRA has been
sending repeated reminders to the entity for payment of
surveillance fee that became due. Despite multiple requests by
ICRA, the entity's management has remained non-cooperative. In the
absence of requisite information and in line with the aforesaid
policy of ICRA, the rating has been continued to the "Issuer Not
Cooperating" category. The rating is based on the best available
information.

SF was established as a partnership firm in 2013 and started
operating from January 2014 onwards. SF is engaged in milling &
sorting of rice to produce raw and parboiled rice and is promoted
by Mr. Raj Kumar, Kidar Nath and Mr. Ashok Kumar all of whom have
previous experience in the rice milling business. The manufacturing
facility of the company is located in Patran region Patiala, Punjab
and is equipped with the requisite machinery.


TRIKONA PHARMACEUTICALS: ICRA Withdraws B+ Rating on INR4cr Loan
----------------------------------------------------------------
ICRA has withdrawn the ratings assigned to the bank facilities of
Trikona Pharmaceuticals Pvt Ltd, at the request of the company and
based on the No Due Certificate/ Closure Certificate received from
its bankers. The Key Rating Drivers and their description,
Liquidity Position, Rating Sensitivities have not been captured as
the rated instruments are being withdrawn.

                      Amount
   Facilities      (INR crore)    Ratings
   ----------      -----------    -------
   Long Term-          4.00       [ICRA]B+ (Stable) ISSUER NOT
   Fund Based-                    COOPERATING; Withdrawn
   Term Loan                      

   Long Term-          4.00       [ICRA]B+ (Stable) ISSUER NOT
   Unallocated                    COOPERATING; Withdrawn

Trikona Pharmaceuticals Pvt. Ltd. (TPPL) was incorporated in 2016
and is promoted by Dr. S. Surendranath Reddy and Mr. K. Sunil
Chandra. The promoters are also founders of Vijaya Diagnostic
Centre Limited which is into providing comprehensive diagnostic
services. Trikona is into R&D, product development and
manufacturing of formulations for dermatology segment which
includes creams, gels, and ointments for treatment of anti-fungal,
wound healing, anti-bacterial and pigmentation. The company has
setup its own R&D centre and get formulations manufactured under
loan license agreement from a third-party manufacturer.


VINAYAK INTERNATIONAL: ICRA D Debt Ratings in Not Cooperating
-------------------------------------------------------------
ICRA has kept the Long-Term and Short-Term ratings of Vinayak
International in the 'Issuer Not Cooperating' category. The ratings
are denoted as "[ICRA]D ISSUER NOT COOPERATING/[ICRA]D ISSUER NOT
COOPERATING".

                     Amount
   Facilities     (INR crore)    Ratings
   ----------     -----------    -------
   Long-term-        20.00       [ICRA]D; ISSUER NOT COOPERATING;
   Fund based                    Rating Continues to remain under
   Cash Credit                   'Issuer Not Cooperating'
                                 Category

   Short-term        10.00       [ICRA]D; ISSUER NOT COOPERATING;
   Non-fund based                Rating continues to remain under
   Others                        'Issuer Not Cooperating'
                                 Category

As part of its process and in accordance with its rating agreement
with Vinayak International, ICRA has been trying to seek
information from the entity so as to monitor its performance
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.

Incorporated in the year 2005, Vinayak international is a
proprietorship concern of Mr. Vikas Agarwal engaged in
manufacturing and processing of (i) Cold rolled sheets (CR
sheets/coils) used in manufacturing of bicycles, furniture,
electrical panels etc as CR sheets have high strength, dent
resistance and tensile property (ii) Hot rolled sheets (HR
sheets/coils) mainly used in construction industry, manufacturing
of bicycles frames, engineering and military equipments, LPG
cylinders, Shuttering plates etc (iii) Galvanized Plain Coils (GP
Coils) used in manufacturing of automobiles, washers, vending
machines, microwaves etc. Along with this, the firm is also engaged
in generation of wind energy having installed capacity of 600 Kw
located at Khala site in Jaisalmer which has been recently started
by the firm in November 2015.


VR COMMODITIES: Insolvency Resolution Process Case Summary
----------------------------------------------------------
Debtor: VR Commodities Private Limited
        D No. 31-32-90, 1st Floor,
        Opp. APGVB Bank,
        Vishakhapatnam, Dabagardens,
        Andhra Pradesh, India, 530020

Insolvency Commencement Date: July 1, 2024

Estimated date of closure of
insolvency resolution process: December 31, 2024

Court: National Company Law Tribunal Amravati Bench

Liquidator: Mr. Yannamsetti Muralikrishna
     17-28-15, ESI Hospital Road,
            Sriramnagar, East Godavari,
            Andhra Pradesh - 533105
            Email: yannamsetti@gmail.com


            Yannamsetti Muralikrishna
            c/o Ancoraa Resolution Private Limited,
            1412, 14th Floor, Real Tech Park,
            Sector 30 A, Vashi, Navi Mumbai - 400703
            Email: cirp.vrcpl@ancoraa.com

Last date for
submission of claims: July 18, 2024


WILTAN TELMAG: Insolvency Resolution Process Case Summary
---------------------------------------------------------
Debtor: Wiltan Telmag (India) Pvt. Ltd.
        Registered Office:
        Flat No-305, Sahyog Building 58,
        Nehru Place, New Delhi,
        Delhi, India, 110019

Insolvency Commencement Date: July 4, 2024

Estimated date of closure of
insolvency resolution process: December 31, 2024

Court: National Company Law Tribunal, New Delhi, Bench-III

Insolvency
Professional: Ranjan Chakraborti
       1/22, Second Floor, Asaf Ali Road, New Delhi,
              National Capital Territory of Delhi ,110002.
              Email: ranjanns@gmail.com

              17D -522, Konark,
              Vasundhara, Ghaziabad , U.P-201012.
              Email: cirp.wiltantelmag@gmail.com

Last date for
submission of claims: July 18, 2024




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

[*] JAPAN: Century-Old Companies Suffer 95% Surge in Bankruptcies
-----------------------------------------------------------------
Nikkei Asia reports that bankruptcies among Japanese businesses
that are over 100 years old jumped 95% on the year to a record high
in January-June, according to a report by Teikoku Databank on July
19.

A total of 74 were in court-led bankruptcy during the period, the
largest number for the first half in data going back to 2000,
Nikkei Asia discloses. The full-year tally could top the 120 seen
in 2008, during the global financial crisis.

Nikkei Asia relates that 14 companies' troubles were blamed on the
rising cost of doing business, while 11 said they did not have
anyone to take over management from aging owners.

Manufacturers and retailers each made up about 30% of the total.
Longtime manufacturers are struggling to pay for upgrades to their
equipment.

Aoki Mannendo, which has made wagashi, or traditional Japanese
sweets, in the Tokyo area for more than 200 years, began bankruptcy
proceedings in March, according to Teikoku Databank, Nikkei Asia
discloses.

Nikkei Asia says the company had been struggling to cover
maintenance and other costs, and store closures and reduced hours
during the COVID-19 pandemic squeezed its cash flow. Customer
traffic did not recover even after COVID-19 faded into the
background, forcing it to shutter all its stores.

Mitaniya, a grocery store chain founded in 1858, began bankruptcy
proceedings in June, Nikkei Asia notes. Based in Hiroshima
prefecture, the business logged four straight years of losses on
growing competition from drug stores and other rivals.

For a while, Mitaniya attempted to secure cash by selling stores
and other property holdings. But it ultimately decided to fold as
utility and wholesale costs rose.

"With the recent inflation hurting cash flow at suppliers and
customers, it has become harder to leverage longtime ties to
negotiate on prices," Nikkei Asia quotes Kaitaro Asahi at Teikoku
Databank as saying. Older companies are expected to continue facing
headwinds as larger, cash-rich rivals expand their market share on
cheap prices and stable supply.

Japan was home to 43,631 companies over 100 years old as of
September 2023, according to Teikoku Databank. Around 2,000 join
the club each year, Nikkei Asia notes.




=====================
N E W   Z E A L A N D
=====================

AWARUA A&J: Court to Hear Wind-Up Petition on July 25
-----------------------------------------------------
A petition to wind up the operations of Awarua A&J Limited will be
heard before the High Court at Palmerston North on July 25, 2024,
at 10:00 a.m.

The Commissioner of Inland Revenue filed the petition against the
company on May 1, 2024.

The Petitioner's solicitor is:

          Ashley Ashika Singh
          Legal Services
          5th Floor, Asteron Centre
          55 Featherston Street
          PO Box 895
          Wellington


DSL HAULAGE: Court to Hear Wind-Up Petition on July 26
------------------------------------------------------
A petition to wind up the operations of DSL Haulage Limited will be
heard before the High Court at Auckland on July 26, 2024, at 10:45
a.m.

The Commissioner of Inland Revenue filed the petition against the
company on May 28, 2024.

The Petitioner's solicitor is:

          Cloete Van Der Merwe
          Inland Revenue, Legal Services
          5 Osterley Way
          Manukau City
          Auckland 2104


E CYCLES: Khov Jones Appointed as Liquidators
---------------------------------------------
Radio New Zealand reports that former Green MP Darleen Tana's
husband's e-bike business is in liquidation, on the same day the
executive summary of the report into what she knew about
allegations of migrant exploitation at the business was publicly
released.

According to RNZ, the New Zealand Companies Register shows
insolvency, forensic accounting, and consulting firm Khov Jones has
been appointed as liquidators of E Cycles NZ Limited.

The register shows Khov Jones was appointed by the company's
shareholders by special resolution, RNZ discloses. Christian
Hoff-Nielsen, Tana's husband, is listed as sole director of the
business.

The firm's first report is due on July 23.

According to the New Zealand Herald a notice in the window of Bikes
and Beyond in Newmarket said the store was temporarily closed, RNZ
relays.

A second Bikes and Beyond shop on Waiheke has been advertised on
TradeMe since July 2, with a list price of $0.00.

RNZ notes that the Green Party has now publicly released the
executive summary of the investigation into what Tana knew about
allegations of migrant exploitation at her husband's business, and
whether she was up front with the Greens.

The report, which RNZ obtained last week, states Tana likely knew
about the allegations, and failed to disclose to the Greens a
personal grievance an ex-employee had raised.

Tana disputes aspects of the report, and the manner in which it was
conducted and released.

She resigned as a Green MP earlier this month, but the party wants
her to resign from Parliament altogether, RNZ states.

"Darleen was given multiple opportunities to be upfront about the
serious allegations she was facing but chose to obfuscate instead
of answering straightforward questions, prompting the need for an
independent investigation," RNZ quotes Green Party co-leader Chlöe
Swarbrick as saying.

"Now the public can see why Caucus was unanimous in requesting
Darleen's resignation from Parliament."


FORMAT JOINERY: Creditors' Proofs of Debt Due on Sept. 2
--------------------------------------------------------
Creditors of Format Joinery Limited are required to file their
proofs of debt by Sept. 2, 2024, to be included in the company's
dividend distribution.

The company commenced wind-up proceedings on July 15, 2024.

The company's liquidator is:

          Bryan Williams
          c/o BWA Insolvency Limited
          PO Box 609
          Kumeu 0841


OCHO LTD: Receives 7 Nominations for Three Vacancies for Directors
------------------------------------------------------------------
Otago Daily Times reports that a pair of former Ocho directors have
thrown their hats into the ring to assume leadership of the
embattled Dunedin chocolate company.

After a heated meeting two weeks ago, a bid to place Ocho into
voluntary liquidation failed - with the 70.69% of voters in favour
of the resolution falling short of the required 75% to pass it, ODT
says.

ODT relates that the incumbent board said they saw this result as a
vote of no confidence and resigned from their positions.

In a communication to shareholders last week, the board said seven
nominations had been received for the three vacant director
positions, according to ODT.

They were John Curtis, Clayton Ellis, Scott Muir, Jim O'Malley,
Isabelle Prosser, James West and Andrew Wilken.

Shareholders have until July 30 to cast their vote, the report
notes.

In a nomination statement, former director and chairman Dr O'Malley
said a new board needed to be formed "immediately" but it was
"impossible" for shareholders to make a considered decision, ODT
relays.

Some people, such as rural shareholders, had been unable to get
their nominee and seconder signatures and were thus excluded from
the process, he said.

According to ODT, Dr O'Malley proposed formation of an interim
board for three months which would provide day-to-day governance,
but with the primary activity of setting up the conditions for
"optimal governance" and establishing the appointment of a
permanent board "in a timeframe that is appropriate for the
seriousness of the decision".

"I ask that you appoint me to that board and, if elected, I will
request the board pass a resolution to prepare and execute the
process for a selection of a new board and have that process
completed within three months in time for the AGM."

ODT relates that Dr O'Malley said he had also asked Scott Muir to
put his name forward - another former director of the company - and
asked shareholders to vote for him as well.

The third director would be up to the shareholders to choose.

In his statement, Mr. Muir said it was his firm belief that Ocho
was more than a business, "it's a movement," ODT relays.

His intention was to assist the company until it regained
stability, at which point he would step aside, he said, adds ODT.

Ocho Limited was founded in 2013 by Dunedin local Liz Rowe and
operated as a small, craft chocolate company until 2017, when Ocho
Newco was incorporated for the purpose of a crowdfunding campaign.

Ocho's crowdfunding in 2017 raised NZD2 million in less than 48
hours from 3,549 investors on platform PledgeMe.


SHIWASE KOBE: First Creditors' Meeting Set for July 29
------------------------------------------------------
A first meeting of the creditors in the proceedings of Shiwase Kobe
Cuisine Limited will be held on July 29, 2024 at 10:00 a.m. at the
offices of Khov Jones Limited at PO Box 302261, North Harbour in
Auckland.

Steven Khov and Kieran Jones of Khov Jones were appointed as
administrators of the company on July 19, 2024.


SISTER ACT: Creditors' Proofs of Debt Due on Aug. 15
----------------------------------------------------
Creditors of Sister Act Investments Limited are required to file
their proofs of debt by Aug. 15, 2024, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on July 15, 2024.

The company's liquidator is:

          Brenton Hunt
          PO Box 13400
          City East
          Christchurch 8141




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

ABS-CBN: Sky Cable Inks Deal w/ Converge to Upgrade Aging Network
-----------------------------------------------------------------
Bilyonaryo.com reports that Sky Cable of ABS-CBN Broadcasting has
entered into a commercial arrangement with Converge Information and
Communications Technology Solutions, a fiber broadband provider
owned by the bilyonaryo couple Dennis and Grace Uy.

According to Bilyonaryo.com, ABS-CBN chairman Mark Lopez emphasized
the strategic advantage of this alliance, noting that Sky Cable
will benefit from Converge's state-of-the-art nationwide fiber
network.

Bilyonaryo.com relates that Grace, president of Converge,
highlighted the revenue potential and enhanced network utilization
that this deal promises. Converge boasts over eight million ports
and a fiber footprint spanning 700,000 kilometers, reaching 16
million Filipino homes. As of March 2024, Converge serves 2.3
million residential broadband subscribers across the country.

Dennis, reflecting on his family's roots in the cable television
industry in Pampanga, said he was 'really excited' to help Sky in
its own transformation, Bilyonaryo.com relays.

ABS-CBN CEO and president Carlo Katigbak endorsed the deal as "the
best way to move forward."

The financial challenges facing ABS-CBN are significant, with
losses escalating by 448 percent to PHP12.6 billion, primarily due
to a PHP9 billion impairment linked to Sky Cable, Bilyonaryo.com
discloses. This impairment includes devaluations in goodwill,
property and equipment, other intangible assets, and current
assets. Additionally, Sky Cable is burdened with a PHP4.5 billion
debt, nearly half of which is due this year.

                           About ABS-CBN

ABS-CBN Broadcasting operated a network of TV & radio stations in
the Philippines. The Company produced entertainment and news
programs for basic and cable channels.

On May 5, 2020, the National Telecommunications Commission (NTC)
issued a cease-and-desist order (CDO) against ABS-CBN, immediately
directing it to stop broadcast operations in radio and television.
The order followed the expiration of ABS-CBN's broadcast franchise
on May 4, 2020.

On July 10, 2020, members of the House of Representatives denied
ABS-CBN's renewal franchise application, citing several issues on
the network's prior 25-year franchise.

The network has now rebranded itself as a mass content company and
produced television programs, films and other entertainment content
through partnerships with independent production companies and
broadcasters.




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

CIC ENTERPRISE: Creditors' Meetings Set for Aug. 1
--------------------------------------------------
CIC Enterprise Pte Ltd, which is in provisional liquidation, will
hold a meeting for its creditors on Aug. 1, 2024, at 10:30 a.m. by
way of electronic means via video conference.

Agenda of the meeting includes:

   a. to receive a statement of the position of the Company's
      affairs together with a list of creditors of the Company and

      the estimated amount of their claims;

   b. to confirm the appointment of the provisional liquidators as

      liquidators or to nominate other qualified person or persons

      as liquidators;

   c. to appoint a committee of inspection of not more than 5
      members; and

   d. Any other business.

Mr. Chan Kwang Cheng and Ms. Tee Lian Choy of Messrs Jordans
Insolvency were appointed as provisional liquidators of the company
on July 12, 2024.


DIAMON' TIF: Court to Hear Wind-Up Petition on Aug. 2
-----------------------------------------------------
A petition to wind up the operations of Diamon' Tif Construction &
Design Singapore Pte Ltd will be heard before the High Court of
Singapore on Aug. 2, 2024, at 10:00 a.m.

Maybank Singapore Limited filed the petition against the company on
July 9, 2024.

The Petitioner's solicitors are:

          M/s Advent Law Corporation
          111 North Bridge Road
          #25-03 Peninsula Plaza
          Singapore 179098


DIM SUM: Placed in Provisional Liquidation
------------------------------------------
Mr. Lau Chin Huat and Mr. Yeo Boon Keong of Technic Inter-Asia Pte
Ltd on July 16, 2024, were appointed as Provisional Liquidators of
Dim Sum Haus MBFC Pte. Ltd.

The Provisional Liquidators may be reached at:

          Mr. Lau Chin Huat
          Mr. Yeo Boon Keong
          Technic Inter-Asia
          c/o 50 Havelock Road #02-767
          Singapore 160050


GENERAD EQUIPMENT: Court Enters Wind-Up Order
---------------------------------------------
The High Court of Singapore entered an order on July 12, 2024, to
wind up the operations of Generad Equipment Pte. Ltd.

Maybank Singapore Limited filed the petition against the company.

The company's liquidator is:

          Gary Loh Weng Fatt
          c/o 600 North Bridge Road
          #23-01 Parkview Square
          Singapore 188778


SERRON TECHNOLOGY: Court Enters Wind-Up Order
---------------------------------------------
The High Court of Singapore entered an order on July 5, 2024, to
wind up the operations of Serron Technology Pte. Ltd.

United Overseas Bank Limited filed the petition against the
company.

The company's liquidators are:

         Leow Quek Shiong
         Gary Loh Weng Fatt
         BDO Advisory
         600 North Bridge Road
         #23-01 Parkview Square
         Singapore 188778




=====================
S O U T H   K O R E A
=====================

DOOSAN BOBCAT: S&P Puts 'BB+' LongTerm ICR on Watch Negative
------------------------------------------------------------
S&P Global Ratings placed its 'BB+' long-term issuer credit rating
and issue ratings on Doosan Bobcat Inc. (DBI) on CreditWatch with
negative implications.

S&P expects to resolve the CreditWatch status once the transaction
is final after evaluating the creditworthiness of DBI, along with
the possible degree of the wider group's intervention in DBI.

On July 11, 2024, Doosan Group announced a reorganization moving
its 46% stake in Doosan Bobcat Inc. (DBI) to Doosan Robotics (DR),
a different subsidiary of Doosan Group and a sister company of
DBI's current parent Doosan Enerbility (DE). Concurrently, the
group plans to take DBI private under DR with a stock swap and then
merge DBI with DR.

The planned reorganization of Doosan group could lead to an
increased likelihood of negative group intervention in DBI. The
reorganization involves moving DBI to become a fully owned
subsidiary of DR, and then merge the two entities. This will be
process via: (1) the transfer of DE's 46% stake in DBI to DR; (2)
acquisition of the remaining 54% stake from existing shareholders
via a share swap (1 DBI share for 0.6 share of DR) or exercising of
appraisal rights for up to Korean Won (KRW) 1.5 trillion,
equivalent to about 30% of outstanding shares; and (3) merger of
DBI and DR.

S&P said, "We believe this move will mostly benefit DR because
DBI's strong profit and cash flow generation can be used to fund
DR's business growth. DR is a collaborative robot manufacturer. Its
2023 revenue was KRW53 billion (US$38 million) with an operating
loss of KRW19 billion (US$14 million), and a net cash position as
of end 2023. DBI's 2023 revenue was a much larger US$7.5 billion
with operating profit of US$1.1 billion.

"If the transaction proceeds as planned, it will likely increase
the group's control over DBI. We believe this could increase the
possibility of negative intervention from the group in DBI if the
group faces financial stress. This is given that the group's
ultimate parent Doosan Corp.'s effective ownership in DBI would
increase to 42% post-reorganization, from about 14%."

Moreover, we believe DBI's financial policy may change because DR
can utilize DBI's strong profit and cash flow generation to support
its growth-related investments. Additionally, the exercising of
appraisal rights may result in up to KRW1.5 trillion of cash
outflow for DBI, which is significant given that DBI's cash balance
was US$1.3 billion (about KRW1.8 trillion) as of end-March 2024.
These would likely put some pressure on DBI's credit metrics and
stand-alone credit profile.

S&P said, "We plan to resolve the CreditWatch status after the
appraisal rights exercise or the creditor objection period ends in
mid to end of October. We will also have to evaluate the
creditworthiness of DBI post transaction and the potential degree
of negative intervention by the wider group in DR and DBI.

"We will likely lower our long-term issuer credit rating on DBI if
we believe the transaction will lead to an increased likelihood of
negative intervention from the group in DBI, following the group
parent's increased ownership. We will also assess any potential
alterations of DBI's financial policy post-transaction; we believe
the group may channel DBI's strong profit and cash flow generation
capabilities into growth-related investments and thus pressure
DBI's financial profile."




=================
S R I   L A N K A
=================

SRILANKAN AIRLINES: Fitch Withdraws C Rating on $175MM Unsec. Bonds
-------------------------------------------------------------------
Fitch Ratings has affirmed the rating on SriLankan Airlines
Limited's (SLA) USD175 million government guaranteed 7% unsecured
bonds due 25 June 2024 at 'C', and withdrawn the rating. The rating
on the bonds was driven by the unconditional and irrevocable
guarantee of the government of Sri Lanka (Long-Term
Foreign-Currency Issuer Default Rating (IDR): RD).

Fitch has chosen to withdraw the rating for commercial reasons.
Therefore, Fitch will no longer provide ratings or analytical
coverage for SriLankan Airlines.

KEY RATING DRIVERS

Events of Default Triggered: SLA did not pay the bonds' principal
and interest due June 25, 2024, and is currently within the 30-day
grace period. In addition, the airline's previous defaults on the
bond's coupon payments due December 25, 2023, June 25, 2023 and
December 25, 2022 are continuing, with grace periods having
expired.

Another event of default was triggered due to the April 12, 2022
announcement by the Sri Lankan government of a debt moratorium on
several categories of sovereign and public-sector entities'
external debt, as well as the ensuing non-payment of interest on
the government's external debt.

Bonds Factor in Recovery Prospects: SLA's bonds are rated 'C',
factoring in Fitch's view of average- to below-average recovery
prospects following a default, in line with the agency's Corporates
Recovery Ratings and Instrument Ratings Criteria, and
Country-Specific Treatment of Recovery Ratings Criteria. The bonds
of issuers that are very close to default show little distinction
between 'RR4' and'RR6' recoveries. Therefore, Fitch has not
assigned a Recovery Rating to the bond.

DERIVATION SUMMARY

The US dollar bonds are guaranteed by the Sri Lankan sovereign, and
as such SLA halted payments on the bonds upon the government's
announcement of a debt moratorium on 12 April 2022 on several
categories of sovereign- and state-owned entities' external debt
SLA's bond rating also factors in Fitch's assessment of average to
below-average recovery prospects to investors, based on Fitch's
Corporates Recovery Ratings and Instrument Ratings Criteria, and
Country-Specific Treatment of Recovery Ratings Criteria.

RATING SENSITIVITIES

Not applicable as the rating has been withdrawn.

ISSUER PROFILE

SLA is Sri Lanka's national carrier and the government has full
control over the company. SLA operates as a full-service carrier
with a network covering Asia, Middle East, Europe and Australia.
The airline's fleet consists of 21 aircraft.

PUBLIC RATINGS WITH CREDIT LINKAGE TO OTHER RATINGS

SLA's bonds are guaranteed by the government of Sri Lanka
(Long-Term Local-Currency IDR: CCC-)

   Entity/Debt           Rating          Prior
   -----------           ------          -----
SriLankan Airlines Limited

   senior unsecured   LT C   Affirmed    C

   senior unsecured   LT WD  Withdrawn   C




===============
X X X X X X X X
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[*] BOND PRICING: For the Week July 15, 2024 to July 19, 2024
-------------------------------------------------------------
Issuer                 Coupon     Maturity    Currency    Price
------                 ------     --------    --------    -----


   AUSTRALIA
   ---------

ACN 113 874 712 PTY     13.25     02/15/18      USD        0.20
ACN 113 874 712 PTY     13.25     02/15/18      USD        0.20
COBURN RESOURCES PT     12.00     03/20/26      USD       75.00
MOSAIC BRANDS LTD        8.00     09/30/24      AUD        0.80
VIRGIN AUSTRALIA HO      8.08     03/05/24      AUD        0.45
VIRGIN AUSTRALIA HO      7.88     10/15/21      USD        0.27
VIRGIN AUSTRALIA HO      7.88     10/15/21      USD        0.27
VIRGIN AUSTRALIA HO      8.13     11/15/24      USD        0.25
VIRGIN AUSTRALIA HO      8.13     11/15/24      USD        0.25
VIRGIN AUSTRALIA HO      8.00     11/26/24      AUD        0.14
VIRGIN AUSTRALIA HO      8.25     05/30/23      AUD        0.11


   CHINA
   -----

ALETAI CITY JUJIN U      7.73     10/26/24      CNY       25.38
ANHUI PINGTIANHU IN      7.50     08/13/26      CNY       62.74
ANHUI PINGTIANHU IN      7.50     08/13/26      CNY       60.00
ANLU CONSTRUCTION D      7.80     11/28/26      CNY       64.48
ANLU CONSTRUCTION D      7.80     11/28/26      CNY       60.00
ANNING DEVELOPMENT       8.80     09/11/25      CNY       41.60
ANNING DEVELOPMENT       8.80     09/11/25      CNY       40.00
ANNING DEVELOPMENT       8.00     12/04/25      CNY       21.45
ANNING DEVELOPMENT       8.00     12/04/25      CNY       21.43
ANSHANG WANGTONG CO      7.50     05/06/26      CNY       42.53
ANSHANG WANGTONG CO      7.50     05/06/26      CNY       41.80
ANSHUN CITY XIXIU I      8.00     01/29/26      CNY       42.29
ANSHUN CITY XIXIU I      7.90     11/15/25      CNY       41.83
ANSHUN CITY XIXIU I      8.00     01/29/26      CNY       41.50
ANSHUN CITY XIXIU I      7.90     11/15/25      CNY       41.25
ANSHUN TRANSPORTATI      7.50     10/31/24      CNY       20.25
ANYUE XINGAN CITY D      7.50     05/06/26      CNY       42.21
ANYUE XINGAN CITY D      7.50     05/06/26      CNY       41.80
ANYUE XINGAN CITY D      7.50     01/30/25      CNY       20.54
ANYUE XINGAN CITY D      7.50     01/30/25      CNY       20.54
BIJIE CITY ANFANG C      7.80     01/18/26      CNY       41.94
BIJIE CITY ANFANG C      7.80     01/18/26      CNY       41.39
BIJIE QIXINGGUAN DI      8.05     08/16/25      CNY       41.26
BIJIE QIXINGGUAN DI      8.05     08/16/25      CNY       40.81
BIJIE QIXINGGUAN DI      7.60     09/08/24      CNY       20.16
BIJIE TIANHE URBAN       8.05     12/03/25      CNY       41.87
BIJIE TIANHE URBAN       8.05     12/03/25      CNY       41.58
BIJIE XINTAI INVEST      7.80     11/01/24      CNY       20.28
CAOXIAN SHANG DU IN      7.80     10/28/26      CNY       63.99
CAOXIAN SHANG DU IN      7.80     10/28/26      CNY       63.67
CHANGDE DEYUAN INVE      7.70     06/11/25      CNY       20.97
CHANGDE DEYUAN INVE      7.70     06/11/25      CNY       20.97
CHANGDE DINGCHENG J      7.58     10/19/25      CNY       41.49
CHANGDE DINGCHENG J      7.58     10/19/25      CNY       41.46
CHENGDU GARDEN WATE      8.00     06/13/25      CNY       20.95
CHENGDU GARDEN WATE      7.50     09/11/24      CNY       20.17
CHENGDU GARDEN WATE      7.50     09/11/24      CNY       20.17
CHENGDU GARDEN WATE      8.00     06/13/25      CNY       20.00
CHISHUI CITY CONSTR      8.50     01/18/26      CNY       41.74
CHISHUI CITY CONSTR      8.50     01/18/26      CNY       41.72
CHONGQING HONGYE IN      7.50     12/24/26      CNY       64.19
CHONGQING JIANGLAI       7.50     10/26/25      CNY       41.59
CHONGQING JIANGLAI       7.50     10/26/25      CNY       40.00
CHONGQING NANCHUAN       7.80     08/06/26      CNY       62.85
CHONGQING SHUANGFU       7.50     09/09/26      CNY       62.80
CHONGQING THREE GOR      7.80     03/01/26      CNY       42.40
CHONGQING THREE GOR      7.80     03/01/26      CNY       40.00
CHONGQING TONGRUI A      7.50     09/18/26      CNY       63.43
CHONGQING TONGRUI A      7.50     09/18/26      CNY       60.00
CHONGQING WANSHENG       7.50     03/27/25      CNY       20.73
CHONGQING WANSHENG       7.50     03/27/25      CNY       20.70
CHONGQING WANSHENG       8.50     11/25/25      CNY       31.34
CHONGQING YUDIAN ST      8.00     11/30/25      CNY       41.89
CHUYING AGRO-PASTOR      8.80     06/26/19      CNY       19.40
DALI URBAN DEVELOPM      8.00     12/25/25      CNY       42.04
DALI URBAN DEVELOPM      8.00     12/25/25      CNY       41.87
DASHIQIAO URBAN CON      7.59     08/14/24      CNY       20.10
DASHIQIAO URBAN CON      7.59     08/14/24      CNY       20.10
DAWA COUNTY CITY CO      7.80     01/30/26      CNY       42.11
DAWA COUNTY CITY CO      7.80     01/30/26      CNY       38.80
DAWU COUNTY URBAN C      7.50     09/20/26      CNY       63.15
DAWU COUNTY URBAN C      7.50     09/20/26      CNY       60.00
DING NAN CITY CONST      7.80     04/08/26      CNY       42.54
DING NAN CITY CONST      7.80     04/08/26      CNY       40.00
DUJIANGYAN NEW CITY      7.80     10/11/25      CNY       41.50
DUJIANGYAN NEW CITY      7.80     10/11/25      CNY       41.44
DUJIANGYAN NEW CITY      7.80     05/02/25      CNY       20.83
DUJIANGYAN NEW CITY      7.80     05/02/25      CNY       20.00
DUJIANGYAN XINGYAN       7.50     11/01/26      CNY       63.76
DUJIANGYAN XINGYAN       7.50     11/01/26      CNY       62.75
FANGCHENG GANGSHI W      7.93     12/25/25      CNY       41.95
FANGCHENG GANGSHI W      7.95     10/11/25      CNY       41.75
FANGCHENG GANGSHI W      7.95     10/11/25      CNY       40.00
FANGCHENG GANGSHI W      7.93     12/25/25      CNY       40.00
FANTASIA GROUP CHIN      7.50     06/30/28      CNY       73.70
FANTASIA GROUP CHIN      7.80     06/30/28      CNY       44.53
FUJIAN FUSHENG GROU      7.90     12/17/21      CNY       70.99
FUJIAN FUSHENG GROU      7.90     11/19/21      CNY       60.00
FUZHOU LINCHUAN URB      8.00     02/26/26      CNY       42.54
GANZHOU NANKANG DIS      8.00     01/23/26      CNY       42.20
GANZHOU NANKANG DIS      8.00     10/29/25      CNY       41.70
GANZHOU NANKANG DIS      8.00     09/27/25      CNY       41.43
GANZHOU NANKANG DIS      8.00     01/23/26      CNY       40.00
GANZHOU NANKANG DIS      8.00     10/29/25      CNY       40.00
GANZHOU NANKANG DIS      8.00     09/27/25      CNY       40.00
GANZHOU ZHANGGONG C      7.80     10/16/25      CNY       42.68
GANZHOU ZHANGGONG C      7.80     10/16/25      CNY       41.58
GAOQING LU QING ASS      7.50     09/27/24      CNY       20.22
GAOQING LU QING ASS      7.50     09/27/24      CNY       20.22
GOME APPLIANCE CO L      7.80     12/21/24      CNY       37.00
GUANGAN XINHONG INV      7.50     06/03/26      CNY       43.09
GUANGAN XINHONG INV      7.50     06/03/26      CNY       42.75
GUANGDONG PEARL RIV      7.50     10/26/26      CNY       31.23
GUANGXI BAISE EXPER      7.59     01/08/26      CNY       41.91
GUANGXI BAISE EXPER      7.60     12/24/25      CNY       41.64
GUANGXI BAISE EXPER      7.60     12/24/25      CNY       40.00
GUANGXI BAISE EXPER      7.59     01/08/26      CNY       39.39
GUANGXI CHONGZUO UR      8.50     09/26/25      CNY       41.65
GUANGXI CHONGZUO UR      8.50     09/26/25      CNY       41.57
GUANGXI NINGMING HU      8.50     11/05/26      CNY       64.43
GUANGXI NINGMING HU      8.50     11/05/26      CNY       62.93
GUANGXI NINGMING HU      8.50     12/07/25      CNY       41.82
GUANGXI TIANDONG CO      7.50     06/04/27      CNY       40.00
GUANGYUAN CITY DEVE      7.50     10/25/27      CNY       37.51
GUANGYUAN YUANQU CO      7.50     12/23/26      CNY       64.04
GUANGYUAN YUANQU CO      7.50     10/30/26      CNY       62.65
GUANGYUAN YUANQU CO      7.50     12/23/26      CNY       60.00
GUANGYUAN YUANQU CO      7.50     10/30/26      CNY       60.00
GUANGZHOU FINELAND      13.60     07/27/23      USD        3.30
GUCHENG CONSTRUCTIO      7.88     04/27/25      CNY       20.74
GUCHENG CONSTRUCTIO      7.88     04/27/25      CNY       20.00
GUIXI STATE OWNED H      7.50     09/17/26      CNY       63.42
GUIXI STATE OWNED H      7.50     09/17/26      CNY       63.33
GUIYANG BAIYUN INDU      7.50     03/06/26      CNY       42.31
GUIYANG BAIYUN INDU      8.30     03/21/25      CNY       20.81
GUIYANG BAIYUN INDU      8.30     03/21/25      CNY       20.00
GUIYANG ECONOMIC DE      7.50     04/30/26      CNY       42.26
GUIYANG ECONOMIC DE      7.50     04/30/26      CNY       41.70
GUIYANG ECONOMIC DE      7.90     10/29/25      CNY       41.41
GUIYANG ECONOMIC DE      7.90     10/29/25      CNY       41.40
GUIYANG ECONOMIC TE      7.80     04/30/26      CNY       42.61
GUIYANG ECONOMIC TE      7.80     04/30/26      CNY       42.49
GUIYANG HI-TECH HOL      8.00     11/25/26      CNY       63.54
GUIYANG HI-TECH HOL      8.00     11/25/26      CNY       60.27
GUIZHOU CHANGSHUN C      8.50     03/19/26      CNY       42.76
GUIZHOU CHANGSHUN C      8.50     03/19/26      CNY       40.00
GUIZHOU EAST LAKE C      8.00     12/07/25      CNY       41.86
GUIZHOU EAST LAKE C      8.00     12/07/25      CNY       41.22
GUIZHOU GUIAN DEVEL      7.50     01/14/25      CNY       15.19
GUIZHOU GUIAN DEVEL      7.60     04/26/25      CNY        6.92
GUIZHOU HONGGUO ECO      7.80     02/08/25      CNY       20.62
GUIZHOU HONGGUO ECO      7.80     11/24/24      CNY       20.40
GUIZHOU HONGGUO ECO      7.80     11/24/24      CNY       10.50
GUIZHOU JINFENGHUAN      7.60     08/19/26      CNY       63.16
GUIZHOU JINFENGHUAN      7.60     08/19/26      CNY       62.60
GUIZHOU SHUANGLONG       7.50     04/20/30      CNY       60.00
GUIZHOU SHUICHENG E      7.50     10/26/25      CNY       41.49
GUIZHOU SHUICHENG E      7.50     10/26/25      CNY       19.50
GUIZHOU SHUICHENG W      8.00     11/27/25      CNY       41.30
GUIZHOU SHUICHENG W      8.00     11/27/25      CNY       41.30
GUIZHOU XINDONGGUAN      7.70     09/05/24      CNY       20.08
GUIZHOU ZHONGSHAN D      8.00     03/18/29      CNY       70.00
HAIAN URBAN DEMOLIT      8.00     12/21/25      CNY       41.80
HAIAN URBAN DEMOLIT      7.74     05/02/25      CNY       20.74
HENGYANG CITY AND U      7.80     12/14/24      CNY       20.46
HENGYANG CITY AND U      7.80     12/14/24      CNY       20.46
HENGYANG CITY AND U      7.50     09/22/24      CNY       20.21
HENGYANG CITY AND U      7.50     09/22/24      CNY       20.21
HONGAN URBAN DEVELO      7.50     12/04/24      CNY       20.36
HONGAN URBAN DEVELO      7.50     12/04/24      CNY       20.00
HUAINAN SHAN NAN DE      7.94     04/01/26      CNY       42.81
HUAINAN SHAN NAN DE      7.94     04/01/26      CNY       40.00
HUAINAN URBAN CONST      7.58     02/12/26      CNY       42.26
HUAINAN URBAN CONST      7.50     03/20/25      CNY       20.70
HUAINAN URBAN CONST      7.50     03/20/25      CNY       20.00
HUBEI DAYE LAKE HIG      7.50     04/01/26      CNY       42.31
HUBEI DAYE LAKE HIG      7.50     04/01/26      CNY       40.50
HUBEI JIAKANG CONST      7.80     12/19/25      CNY       41.43
HUBEI YILING ECONOM      7.50     03/28/26      CNY       42.42
HUBEI YILING ECONOM      7.50     03/28/26      CNY       40.00
HUNAN CHUZHISHENG H      7.50     03/27/26      CNY       42.43
HUNAN CHUZHISHENG H      7.50     03/27/26      CNY       40.00
HUNAN MEISHAN RESOU      8.00     03/21/26      CNY       42.57
HUNAN MEISHAN RESOU      8.00     03/21/26      CNY       40.00
HUNAN TIANYI RONGTO      8.00     10/24/25      CNY       41.70
HUNAN TIANYI RONGTO      8.00     10/24/25      CNY       41.70
HUNAN TIANYI RONGTO      7.50     09/17/25      CNY       41.36
HUNAN XUANDA CONSTR      7.50     01/24/26      CNY       42.01
HUNAN XUANDA CONSTR      7.50     01/23/26      CNY       42.00
HUNAN XUANDA CONSTR      7.50     01/24/26      CNY       40.00
HUNAN XUANDA CONSTR      7.50     01/23/26      CNY       40.00
HUZHOU NEW CITY INV      7.50     11/23/24      CNY       20.41
HUZHOU NEW CITY INV      7.50     11/23/24      CNY       20.00
HUZHOU WUXING NANTA      7.90     09/20/25      CNY       41.52
JIA COUNTY DEVELOPM      7.50     01/21/27      CNY       64.04
JIA COUNTY DEVELOPM      7.50     01/21/27      CNY       58.00
JIAHE ZHUDU DEVELOP      7.50     03/13/25      CNY       20.67
JIAHE ZHUDU DEVELOP      7.50     03/13/25      CNY       20.00
JIANGSU YANGKOU POR      7.60     08/17/25      CNY       42.50
JIANGSU YANGKOU POR      7.60     08/17/25      CNY       41.23
JIANGSU ZHONGNAN CO      7.80     03/17/29      CNY       44.19
JIANGXI HUANGGANGSH      7.90     01/25/26      CNY       42.26
JIANGXI HUANGGANGSH      7.90     10/08/25      CNY       41.61
JIANGXI HUANGGANGSH      7.90     10/08/25      CNY       41.28
JIANGXI JIHU DEVELO      7.50     04/10/25      CNY       20.75
JIANGXI JIHU DEVELO      7.50     04/10/25      CNY       20.00
JIANGXI TONGGU CITY      7.50     04/21/27      CNY       64.53
JIANGYOU XINGYI PAR      7.80     12/17/25      CNY       51.90
JIANGYOU XINGYI PAR      7.50     05/07/26      CNY       51.73
JIANLI FENGYUAN CIT      7.50     01/14/26      CNY       42.02
JIANLI FENGYUAN CIT      7.50     01/14/26      CNY       40.00
JILIN ECONOMY TECHN      8.00     03/26/28      CNY       64.08
JILIN ECONOMY TECHN      8.00     03/26/28      CNY       59.21
JINING NEW CITY DEV      7.60     03/23/25      CNY       20.61
JINING NEW CITY DEV      7.60     03/23/25      CNY       20.00
JINXIANG COUNTY CIT      7.50     03/20/26      CNY       42.32
JINXIANG COUNTY CIT      7.50     03/20/26      CNY       40.92
JINZHOU CIHANG GROU      9.00     04/05/20      CNY       33.63
JUNAN COUNTY URBAN       7.50     09/26/24      CNY       20.21
JUNAN COUNTY URBAN       7.50     09/26/24      CNY       20.15
KAILI GUIZHOU TOWN       7.98     03/30/27      CNY       65.38
KAILI GUIZHOU TOWN       7.98     03/30/27      CNY       65.38
KUNMING AIRPORT INV      7.50     01/28/26      CNY       41.70
LAOTING INVESTMENT       7.50     04/11/26      CNY       42.49
LAOTING INVESTMENT       7.50     04/11/26      CNY       39.80
LIJIN CITY CONSTRUC      7.50     04/26/26      CNY       42.52
LIJIN CITY CONSTRUC      7.50     12/20/25      CNY       41.84
LIJIN CITY CONSTRUC      7.50     04/26/26      CNY       40.00
LIJIN CITY CONSTRUC      7.50     12/20/25      CNY       40.00
LINFEN YAODU DISTRI      7.50     09/19/25      CNY       41.39
LINYI COUNTY CITY D      7.78     03/21/25      CNY       20.76
LINYI COUNTY CITY D      7.78     03/21/25      CNY       20.00
LINYI ZHENDONG CONS      7.50     12/06/25      CNY       41.48
LINYI ZHENDONG CONS      7.50     12/06/25      CNY       41.45
LINYI ZHENDONG CONS      7.50     11/26/25      CNY       41.43
LINYI ZHENDONG CONS      7.50     11/26/25      CNY       41.43
LIUPANSHUI AGRICULT      8.00     04/26/27      CNY       60.62
LIUPANSHUI AGRICULT      8.00     04/26/27      CNY       60.30
LONGNAN ECO&TECH DE      7.50     07/26/26      CNY       62.92
LUANCHUAN COUNTY TI      8.50     01/23/26      CNY       42.29
LUANCHUAN COUNTY TI      8.50     01/23/26      CNY       40.00
LUOHE ECONOMIC DEVE      7.50     12/18/25      CNY       41.74
LUOHE ECONOMIC DEVE      7.50     12/18/25      CNY       41.73
LUOYANG XIYUAN STAT      7.80     01/29/26      CNY       41.30
LUOYANG XIYUAN STAT      7.80     01/29/26      CNY       41.10
LUOYANG XIYUAN STAT      7.50     11/15/25      CNY       41.00
LUOYANG XIYUAN STAT      7.50     11/15/25      CNY       40.94
MAANSHAN NINGBO INV      7.50     04/18/26      CNY       42.36
MAANSHAN NINGBO INV      7.80     11/29/25      CNY       41.81
MAANSHAN NINGBO INV      7.80     11/29/25      CNY       41.76
MAANSHAN NINGBO INV      7.50     04/18/26      CNY       16.00
MEISHAN CITY DONGPO      8.00     01/03/26      CNY       42.02
MEISHAN CITY DONGPO      8.08     08/16/25      CNY       41.27
MEISHAN CITY DONGPO      8.08     08/16/25      CNY       40.00
MEISHAN CITY DONGPO      8.00     01/03/26      CNY       40.00
MEISHAN HONGSHUN PA      7.50     12/10/25      CNY       52.22
MENGZHOU INVESTMENT      8.00     11/06/25      CNY       41.69
MENGZHOU INVESTMENT      8.00     09/03/25      CNY       41.33
MENGZHOU INVESTMENT      8.00     11/06/25      CNY       40.00
MENGZHOU INVESTMENT      8.00     09/03/25      CNY       40.00
MENGZI CITY DEVELOP      8.00     03/25/26      CNY       42.48
MENGZI CITY DEVELOP      8.00     03/25/26      CNY       42.06
MENGZI CITY DEVELOP      7.65     09/25/24      CNY       20.21
MENGZI CITY DEVELOP      7.65     09/25/24      CNY       20.19
MIAN YANG ECONOMIC       8.00     09/29/26      CNY       63.78
MIAN YANG ECONOMIC       8.00     09/29/26      CNY       60.00
MIAN YANG ECONOMIC       8.20     03/15/26      CNY       42.50
MIAN YANG ECONOMIC       8.20     03/15/26      CNY       40.00
MIANYANG ANZHOU INV      7.90     11/25/26      CNY       64.24
MIANYANG ANZHOU INV      7.90     11/25/26      CNY       60.00
MIANYANG ANZHOU INV      8.10     11/22/25      CNY       41.84
MIANYANG ANZHOU INV      8.10     11/22/25      CNY       40.00
MIANYANG ANZHOU INV      8.10     05/04/25      CNY       20.90
MIANYANG HUIDONG IN      8.10     04/28/25      CNY       20.91
MIANYANG HUIDONG IN      8.10     02/10/25      CNY       20.68
MIANZHU CITY JINSHE      7.87     12/18/25      CNY       41.93
MIANZHU CITY JINSHE      7.87     12/18/25      CNY       41.87
MILE AGRICULTURAL I      7.60     02/27/26      CNY       42.16
MILE AGRICULTURAL I      7.60     02/27/26      CNY       42.00
MILE AGRICULTURAL I      8.00     10/25/25      CNY       41.64
MUDANJIANG LONGSHEN      7.50     09/27/25      CNY       41.35
NANCHONG JIALING DE      7.98     05/23/25      CNY       20.95
NANCHONG JIALING DE      7.80     12/12/24      CNY       20.45
NANCHONG JIALING DE      7.80     12/12/24      CNY       20.45
NANCHONG JIALING DE      7.98     05/23/25      CNY       20.00
NEOGLORY HOLDING GR      8.10     11/23/18      CNY       72.00
NEOGLORY HOLDING GR      8.00     09/25/20      CNY       60.00
NEOGLORY HOLDING GR      8.00     10/22/20      CNY       56.00
NINGXIA SHENG YAN I      7.50     09/27/28      CNY       42.45
PANJIN CITY SHUANGT      8.50     01/29/26      CNY       42.35
PANJIN CITY SHUANGT      8.50     01/29/26      CNY       42.35
PANJIN CITY SHUANGT      8.70     12/20/25      CNY       42.21
PANJIN CITY SHUANGT      8.70     12/20/25      CNY       42.21
PANJIN LIAODONGWAN       7.50     12/28/26      CNY       64.16
PEIXIAN ECONOMIC DE      7.51     11/04/26      CNY       64.09
PEIXIAN ECONOMIC DE      7.51     11/04/26      CNY       60.00
PENGSHAN DEVELOPMEN      7.98     05/03/25      CNY       21.59
PENGSHAN DEVELOPMEN      7.98     05/03/25      CNY       20.91
PENGZE CITY DEVELOP      7.60     08/31/25      CNY       41.37
PENGZE CITY DEVELOP      7.60     08/31/25      CNY       41.23
PINGLIANG CHENGXIAN      7.80     03/29/26      CNY       42.42
PINGLIANG CHENGXIAN      7.80     03/29/26      CNY       42.03
PUDING YELANG STATE      8.00     03/13/25      CNY       20.74
PUDING YELANG STATE      8.00     03/13/25      CNY       20.70
PUDING YELANG STATE      7.79     11/13/24      CNY       20.26
PUDING YELANG STATE      7.79     11/13/24      CNY       20.11
PUER CITY SI MAO GU      7.50     03/14/26      CNY       42.21
PUER CITY SI MAO GU      7.50     03/14/26      CNY       40.00
QIANDONGNAN TRANSPO      8.00     01/15/27      CNY       64.71
QIANDONGNAN TRANSPO      8.00     01/15/27      CNY       64.70
QIANNANZHOU INVESTM      8.00     01/02/26      CNY       42.03
QIANXINAN AUTONOMOU      8.00     06/22/27      CNY       64.79
QIANXINAN AUTONOMOU      8.00     06/22/27      CNY       54.63
QIANXINAN PREFECTUR      7.99     06/10/27      CNY       65.93
QIANXINAN PREFECTUR      7.99     06/10/27      CNY       60.00
QINGHAI PROVINCIAL       7.88     03/22/21      USD        1.18
QINGZHEN CITY CONST      7.50     03/18/26      CNY       42.26
QINGZHEN CITY CONST      7.50     03/18/26      CNY       42.26
QINGZHOU HONGYUAN P      7.60     06/17/27      CNY       49.23
QINGZHOU HONGYUAN P      7.60     06/17/27      CNY       47.80
QINZHOU BINHAI NEW       7.70     08/15/26      CNY       63.32
QINZHOU BINHAI NEW       7.70     08/15/26      CNY       63.31
QUJING CITY QILIN D      8.50     01/21/26      CNY       42.34
QUJING CITY QILIN D      8.50     01/21/26      CNY       40.00
RENHUAI WATER INVES      7.98     07/26/25      CNY       41.11
RENHUAI WATER INVES      8.00     12/26/25      CNY       40.14
RENHUAI WATER INVES      7.98     02/24/25      CNY       20.62
RUCHENG SHUNXING IN      7.50     01/07/26      CNY       41.93
RUCHENG SHUNXING IN      7.50     01/07/26      CNY       40.00
RUDONG NEW WORLD IN      7.50     12/06/26      CNY       64.16
RUDONG NEW WORLD IN      7.50     12/06/26      CNY       60.00
RUILI RENLONG INVES      8.00     09/20/26      CNY       62.77
SHAANXI XIYUE HUASH      7.50     12/27/26      CNY       63.98
SHAANXI XIYUE HUASH      7.50     12/27/26      CNY       61.80
SHANDONG HONGHE HOL      7.50     01/29/26      CNY       42.01
SHANDONG OCEAN CULT      7.50     04/25/26      CNY       42.38
SHANDONG OCEAN CULT      7.50     03/28/26      CNY       42.18
SHANDONG RENCHENG R      7.50     01/23/26      CNY       41.78
SHANDONG RUYI TECHN      7.90     09/18/23      CNY       52.10
SHANDONG SANXING GR      7.90     08/30/24      CNY       58.00
SHANDONG URBAN CAPI      7.50     04/12/26      CNY       41.99
SHANDONG URBAN CAPI      7.50     04/12/26      CNY       40.00
SHANGLI INVESTMENT       7.80     01/22/26      CNY       42.07
SHANGLI INVESTMENT       7.80     01/22/26      CNY       40.49
SHANGLI INVESTMENT       7.50     06/01/25      CNY       20.88
SHANGLI INVESTMENT       7.50     06/01/25      CNY       20.80
SHANGRAO GUANGXIN U      7.95     07/24/25      CNY       41.11
SHANGRAO GUANGXIN U      7.95     07/24/25      CNY       41.07
SHANXI JINZHONG STA      7.50     05/05/26      CNY       42.51
SHAOYANG SAISHUANGQ      8.00     11/28/25      CNY       41.85
SHAOYANG SAISHUANGQ      8.00     11/28/25      CNY       40.00
SHEHONG STATE OWNED      7.60     10/25/25      CNY       41.61
SHEHONG STATE OWNED      7.50     08/22/25      CNY       41.23
SHEHONG STATE OWNED      7.60     10/25/25      CNY       40.00
SHEHONG STATE OWNED      7.60     10/22/25      CNY       40.00
SHEHONG STATE OWNED      7.50     08/22/25      CNY       40.00
SHEHONG STATE OWNED      7.60     10/22/25      CNY       21.31
SHENWU ENVIRONMENTA      9.00     03/14/19      CNY       12.00
SHEYANG URBAN CONST      7.80     11/27/24      CNY       20.35
SHEYANG URBAN CONST      7.80     11/27/24      CNY       20.32
SHIFANG CITY NATION      8.00     12/05/25      CNY       41.71
SHIFANG CITY NATION      8.00     12/05/25      CNY       40.00
SHIYAN CITY CHENGTO      7.80     02/13/26      CNY       45.70
SHUANGYASHAN DADI C      8.50     12/16/26      CNY       64.85
SHUANGYASHAN DADI C      8.50     12/16/26      CNY       64.85
SHUANGYASHAN DADI C      8.50     08/26/26      CNY       63.84
SHUANGYASHAN DADI C      8.50     08/26/26      CNY       63.84
SHUANGYASHAN DADI C      8.50     04/30/26      CNY       42.96
SHUANGYASHAN DADI C      8.50     04/30/26      CNY       42.96
SHUOZHOU INVESTMENT      7.80     12/25/25      CNY       42.14
SHUOZHOU INVESTMENT      7.80     12/25/25      CNY       41.90
SHUOZHOU INVESTMENT      7.50     10/23/25      CNY       41.73
SHUOZHOU INVESTMENT      7.50     10/23/25      CNY       41.60
SICHUAN CHENG'A DEV      7.50     11/29/24      CNY       20.37
SICHUAN CHENG'A DEV      7.50     11/06/24      CNY       20.26
SICHUAN CHENG'A DEV      7.50     11/29/24      CNY       20.00
SICHUAN CHENG'A DEV      7.50     11/06/24      CNY       20.00
SICHUAN COAL INDUST      7.70     01/09/18      CNY       45.00
SICHUAN LANGUANG DE      7.50     07/23/22      CNY       42.00
SICHUAN LANGUANG DE      7.70     03/11/23      CNY       12.63
SICHUAN LANGUANG DE      7.50     10/26/22      CNY       12.63
SICHUAN LANGUANG DE      7.50     08/12/21      CNY       12.63
SICHUAN LANGUANG DE      7.50     07/11/21      CNY       12.63
SIYANG JIADING INDU      7.50     12/14/25      CNY       41.86
SIYANG JIADING INDU      7.50     12/14/25      CNY       41.83
SIYANG JIADING INDU      7.50     04/27/25      CNY       20.78
SIYANG JIADING INDU      7.50     04/27/25      CNY       20.78
TAHOE GROUP CO LTD       8.50     08/02/21      CNY        6.00
TAHOE GROUP CO LTD       7.50     09/19/21      CNY        6.00
TAHOE GROUP CO LTD       7.50     10/10/20      CNY        4.50
TAHOE GROUP CO LTD       7.50     08/15/20      CNY        1.00
TAIXING CITY CHENGX      7.60     04/24/26      CNY       42.58
TAIXING CITY CHENGX      7.60     04/04/26      CNY       42.56
TAIXING CITY CHENGX      7.80     03/05/26      CNY       42.39
TAIXING CITY CHENGX      7.80     03/05/26      CNY       40.00
TAIXING CITY CHENGX      7.60     04/24/26      CNY       40.00
TAIXING CITY CHENGX      7.60     04/04/26      CNY       40.00
TAIXING XINGHUANG I      8.50     11/15/25      CNY       41.94
TAIXING XINGHUANG I      8.50     11/15/25      CNY       39.59
TAIZHOU FENGCHENGHE      7.90     12/29/24      CNY       20.41
TAIZHOU FENGCHENGHE      7.90     12/29/24      CNY       20.00
TAIZHOU HUACHENG ME      8.50     12/26/25      CNY       42.26
TAIZHOU HUACHENG ME      8.50     12/26/25      CNY       40.00
TANCHENG COUNTY CIT      7.50     04/09/26      CNY       42.34
TANCHENG COUNTY CIT      7.50     04/09/26      CNY       40.00
TANGSHAN HOLDING DE      7.60     05/16/25      CNY       20.89
TANGSHAN HOLDING DE      7.60     05/16/25      CNY       20.82
TAOYUAN COUNTY CONS      8.00     10/17/26      CNY       64.12
TAOYUAN COUNTY CONS      7.50     09/11/26      CNY       63.07
TAOYUAN COUNTY CONS      8.00     10/17/26      CNY       60.00
TAOYUAN COUNTY CONS      7.50     09/11/26      CNY       60.00
TAOYUAN COUNTY ECON      8.20     09/06/25      CNY       41.50
TAOYUAN COUNTY ECON      8.20     09/06/25      CNY       41.20
TEMPUS GROUP CO LTD      7.50     06/07/20      CNY        2.00
TENGCHONG SHIXINGBA      7.50     05/05/26      CNY       53.29
TIANJIN REAL ESTATE      7.70     03/16/21      CNY       21.49
TONGCHENG CITY CONS      7.50     07/23/25      CNY       41.11
TONGCHENG CITY CONS      7.50     07/23/25      CNY       40.00
TONGHUA FENGYUAN IN      7.80     04/30/26      CNY       42.59
TONGHUA FENGYUAN IN      8.00     12/18/25      CNY       41.94
TONGHUA FENGYUAN IN      7.80     04/30/26      CNY       41.93
TONGHUA FENGYUAN IN      8.00     12/18/25      CNY       40.00
TONGREN WATER GROUP      8.00     11/29/28      CNY       72.60
TONGXIANG CHONGDE I      7.88     11/29/25      CNY       41.88
TONGXIANG CHONGDE I      7.88     11/29/25      CNY       41.70
TUNGHSU GROUP CO LT      8.18     10/25/21      CNY       22.00
TUNGHSU GROUP CO LT      7.85     03/23/21      CNY        0.00
URUMQI ECO TECH DEV      7.50     10/19/25      CNY       41.42
URUMQI ECO TECH DEV      7.50     10/19/25      CNY       40.00
WEIHAI LANCHUANG CO      7.70     10/11/25      CNY       41.27
WEIHAI LANCHUANG CO      7.70     10/11/25      CNY       41.21
WEIHAI WENDENG URBA      7.70     05/02/28      CNY       65.01
WEIHAI WENDENG URBA      7.70     05/02/28      CNY       64.25
WEINAN CITY INDUSTR      7.50     06/30/27      CNY       64.75
WEINAN CITY INDUSTR      7.50     06/30/27      CNY       60.00
WEINAN CITY INDUSTR      7.50     04/28/26      CNY       42.16
WEINAN CITY INDUSTR      7.50     04/28/26      CNY       40.00
WINTIME ENERGY GROU      7.90     03/29/21      CNY       43.63
WINTIME ENERGY GROU      7.90     12/22/20      CNY       43.63
WINTIME ENERGY GROU      7.70     11/15/20      CNY       43.63
WINTIME ENERGY GROU      7.50     04/04/21      CNY       43.63
WINTIME ENERGY GROU      7.50     12/06/20      CNY       43.63
WINTIME ENERGY GROU      7.50     11/16/20      CNY       43.63
WUSU CITY XINGRONG       7.50     10/25/25      CNY       41.57
WUSU CITY XINGRONG       7.50     10/25/25      CNY       40.00
WUXUE URBAN CONSTRU      7.50     04/12/26      CNY       42.39
WUXUE URBAN CONSTRU      7.50     04/12/26      CNY       40.00
WUZHOU CANGHAI CONS      8.00     05/31/28      CNY       66.68
WUZHOU CITY CONSTRU      7.90     03/26/29      CNY       73.20
XIAN LINTONG URBAN       7.69     04/22/26      CNY       42.50
XIAN LINTONG URBAN       7.69     04/22/26      CNY       40.00
XIFENG COUNTY URBAN      8.00     03/14/26      CNY       42.33
XINFENG COUNTY URBA      7.80     04/16/26      CNY       42.72
XINFENG COUNTY URBA      7.80     12/05/25      CNY       41.94
XINFENG COUNTY URBA      7.80     04/16/26      CNY       41.88
XINFENG COUNTY URBA      7.80     12/05/25      CNY       40.00
XINGYI XINHENG URBA      8.00     11/21/25      CNY       41.67
XINGYI XINHENG URBA      7.90     01/31/25      CNY       20.55
XINGYI XINHENG URBA      7.90     01/31/25      CNY       20.00
XINPING URBAN DEVEL      7.70     01/24/26      CNY       41.95
XINYU CITY YUSHUI D      7.50     09/24/26      CNY       63.52
XIPING COUNTY INDUS      7.50     12/26/24      CNY       20.45
XIPING COUNTY INDUS      7.50     12/26/24      CNY       20.00
XIUSHAN HUAXING ENT      7.50     09/25/25      CNY       41.37
XIUSHAN HUAXING ENT      7.50     09/25/25      CNY       41.37
XUZHOU CITY JIAWANG      7.98     05/06/26      CNY       42.58
XUZHOU CITY JIAWANG      7.88     01/28/26      CNY       41.99
XUZHOU CITY JIAWANG      7.88     01/28/26      CNY       40.58
XUZHOU CITY JIAWANG      7.98     05/06/26      CNY       40.50
YANCHENG URBANIZATI      7.50     03/04/27      CNY       64.86
YANGLING URBAN RURA      7.80     06/19/26      CNY       42.51
YANGLING URBAN RURA      7.80     02/20/26      CNY       42.26
YANGLING URBAN RURA      7.80     06/19/26      CNY       40.00
YANGLING URBAN RURA      7.80     02/20/26      CNY       40.00
YIBIN NANXI CAIYUAN      8.10     11/28/25      CNY       41.98
YIBIN NANXI CAIYUAN      8.10     11/28/25      CNY       41.88
YIBIN NANXI CAIYUAN      8.10     07/24/25      CNY       40.96
YIBIN NANXI CAIYUAN      8.10     07/24/25      CNY       40.00
YICHANG CHUANGYUAN       7.80     11/06/25      CNY       41.70
YINGKOU BEIHAI NEW       7.98     01/25/25      CNY       20.58
YINGKOU BEIHAI NEW       7.98     01/25/25      CNY       20.58
YINGTAN JUNENG INVE      8.00     05/06/26      CNY       42.83
YINGTAN JUNENG INVE      8.00     05/06/26      CNY       40.00
YIYANG COUNTY CITY       7.90     11/05/25      CNY       42.01
YIYANG COUNTY CITY       7.90     11/05/25      CNY       41.73
YIYANG COUNTY CITY       7.50     06/07/25      CNY       20.93
YIYANG COUNTY CITY       7.50     06/07/25      CNY       20.00
YIYANG LONGLING CON      7.60     01/23/26      CNY       41.89
YIYANG LONGLING CON      7.60     01/23/26      CNY       40.30
YIYUAN HONGDING ASS      7.50     08/17/25      CNY       41.20
YONGAN STATE-OWNED       8.50     11/26/25      CNY       41.74
YONGAN STATE-OWNED       8.50     11/26/25      CNY       40.00
YONGCHENG COAL & EL      7.50     02/02/21      CNY       39.88
YONGXIU CITY CONSTR      7.80     08/27/25      CNY       41.15
YONGXIU CITY CONSTR      7.80     08/27/25      CNY       40.00
YONGXIU CITY CONSTR      7.50     05/02/25      CNY       20.78
YONGXIU CITY CONSTR      7.50     05/02/25      CNY       20.00
YOUYANG COUNTY TAOH      7.50     09/28/25      CNY       41.35
YUANJIANG CITY CONS      7.50     01/18/26      CNY       41.98
YUANJIANG CITY CONS      7.50     01/18/26      CNY       41.98
YUDU ZHENXING INVES      7.50     05/03/25      CNY       20.81
YUDU ZHENXING INVES      7.50     05/03/25      CNY       20.49
YUEYANG CITY JUNSHA      7.96     03/13/27      CNY       63.68
YUEYANG CITY JUNSHA      7.96     03/13/27      CNY       60.51
YUEYANG CITY JUNSHA      7.96     04/23/26      CNY       42.83
YUEYANG CITY JUNSHA      7.96     04/23/26      CNY       40.00
YUEYANG HUILIN INVE      7.50     12/23/26      CNY       64.20
YUEYANG HUILIN INVE      7.50     12/23/26      CNY       60.00
YUSHEN ENERGY DEVEL      7.50     05/07/27      CNY       65.09
YUSHEN ENERGY DEVEL      7.50     05/07/27      CNY       60.00
YUTAI XINDA ECONOMI      7.50     04/10/26      CNY       42.35
YUTAI XINDA ECONOMI      7.50     04/10/26      CNY       41.81
ZHANGJIAJIE LOULI T      7.50     03/26/26      CNY       42.31
ZHANGJIAJIE LOULI T      7.50     03/26/26      CNY       42.31
ZHANGZI NATIONAL OW      7.50     10/18/26      CNY       63.62
ZHANGZI NATIONAL OW      7.50     10/18/26      CNY       60.00
ZHEJIANG CHANGXING       7.50     05/16/26      CNY       42.46
ZHEJIANG CHANGXING       7.50     12/26/25      CNY       41.79
ZHEJIANG CHANGXING       7.50     05/16/26      CNY       41.60
ZHEJIANG CHANGXING       7.50     12/26/25      CNY       40.00
ZHEJIANG HUZHOU NAN      7.80     08/21/25      CNY       41.88
ZHEJIANG WUYI CITY       8.00     12/21/25      CNY       41.98
ZHEJIANG WUYI CITY       8.00     12/21/25      CNY       41.97
ZHEJIANG WUYI CITY       8.00     08/10/25      CNY       41.22
ZHEJIANG WUYI CITY       8.00     08/10/25      CNY       40.00
ZHONGHONG HOLDING C      8.00     07/04/19      CNY        2.75
ZHONGTIAN FINANCIAL      8.50     08/16/27      CNY       31.04
ZHONGXIANG CITY CON      7.50     07/05/26      CNY       62.91
ZHONGXIANG CITY CON      7.50     07/05/26      CNY       40.00
ZHOUSHAN ISLANDS NE      7.50     01/30/27      CNY       59.83
ZHOUSHAN ISLANDS NE      7.50     01/30/27      CNY       55.00
ZHUZHOU HI-TECH AUT      8.00     08/14/25      CNY       51.51
ZHUZHOU RAILWAY IND      7.50     09/25/24      CNY       20.20
ZIGUI COUNTY CHUYUA      7.80     02/12/28      CNY       66.12
ZIGUI COUNTY CHUYUA      7.80     02/12/28      CNY       60.00
ZIYANG KAILI INVEST      8.00     02/14/26      CNY       42.25
ZUNYI BOZHOU URBAN       7.85     10/24/24      CNY       20.27
ZUNYI BOZHOU URBAN       7.85     10/24/24      CNY       20.23
ZUNYI ROAD & BRIDGE      8.00     05/08/29      CNY       72.03
ZUNYI TRAFFIC TRAVE      7.80     03/07/29      CNY       70.00



   HONG KONG
   ---------

CHINA SOUTH CITY HO      9.00     04/12/24      USD       27.84
CHINA SOUTH CITY HO      9.00     12/11/24      USD       27.32
CHINA SOUTH CITY HO      9.00     10/09/24      USD       26.92
CHINA SOUTH CITY HO      9.00     06/26/24      USD       25.42
HAINAN AIRLINES HON     12.00     10/29/21      USD        2.92
HONGKONG IDEAL INVE     14.75     10/08/22      USD        1.57
YANGO JUSTICE INTER      7.88     09/04/24      USD        0.38
YANGO JUSTICE INTER      9.25     04/15/23      USD        0.34
YANGO JUSTICE INTER      7.50     02/17/25      USD        0.34
YANGO JUSTICE INTER      8.25     11/25/23      USD        0.31
YANGO JUSTICE INTER     10.25     09/15/22      USD        0.16
YANGO JUSTICE INTER     10.00     02/12/23      USD        0.14
YANGO JUSTICE INTER      7.50     04/15/24      USD        0.12
YANGO JUSTICE INTER     10.25     03/18/22      USD        0.04
ZENSUN ENTERPRISES      12.50     04/23/24      USD        5.48
ZENSUN ENTERPRISES      12.50     09/13/23      USD        4.69


   INDONESIA
   ---------

WIJAYA KARYA PERSER      9.90     11/03/25      IDR       74.91
WIJAYA KARYA PERSER      9.90     11/03/25      IDR       74.91
WIJAYA KARYA PERSER      9.25     12/18/25      IDR       72.43
WIJAYA KARYA PERSER      9.25     12/18/25      IDR       72.32
WIJAYA KARYA PERSER      9.10     03/03/26      IDR       70.51
WIJAYA KARYA PERSER      9.10     03/03/26      IDR       70.07
WIJAYA KARYA PERSER      8.55     09/08/26      IDR       65.32
WIJAYA KARYA PERSER     10.90     11/03/29      IDR       65.24
WIJAYA KARYA PERSER     10.90     11/03/29      IDR       65.24
WIJAYA KARYA PERSER      8.55     09/08/26      IDR       64.91
WIJAYA KARYA PERSER     10.50     11/03/27      IDR       64.15
WIJAYA KARYA PERSER     10.50     11/03/27      IDR       64.15
WIJAYA KARYA PERSER      9.75     03/03/28      IDR       62.07
WIJAYA KARYA PERSER      9.75     03/03/28      IDR       61.81
WIJAYA KARYA PERSER      9.85     12/18/27      IDR       61.66
WIJAYA KARYA PERSER      7.75     02/18/27      IDR       61.31
WIJAYA KARYA PERSER      9.85     12/18/27      IDR       61.14
WIJAYA KARYA PERSER      7.75     02/18/27      IDR       60.76
WIJAYA KARYA PERSER      9.25     09/08/28      IDR       60.07
WIJAYA KARYA PERSER      9.25     09/08/28      IDR       59.99
WIJAYA KARYA PERSER      8.30     02/18/29      IDR       57.40
WIJAYA KARYA PERSER      8.30     02/18/29      IDR       57.31
WIJAYA KARYA PERSER      8.60     12/18/25      IDR       38.42


   INDIA
   -----

AXIS FINANCE LTD         8.10     11/17/28      INR       74.18
AYE FINANCE PVT LTD     11.25     05/08/25      INR       50.26
BHARAT SANCHAR NIGA      7.55     03/20/34      INR       66.61
IIFL SAMASTA FINANC     10.75     02/24/25      INR       37.68
IKF FINANCE LTD         10.60     03/27/25      INR       37.56
MAHANAGAR TELEPHONE      7.51     03/06/34      INR       53.98
PIRAMAL CAPITAL & H      8.50     04/18/23      INR       34.25
SHRIRAM FINANCE LTD      8.55     04/28/28      INR       59.01


   MALAYSIA
   --------

CAPITAL A BHD            8.00     12/29/28      MYR        0.84


   PHILIPPINES
   -----------

BAYAN TELECOMMUNICA     15.00     07/15/06      USD       14.88
BAYAN TELECOMMUNICA     15.00     07/15/06      USD       14.88


   SINGAPORE
   ---------

BAKRIE TELECOM PTE      11.50     05/07/15      USD        0.56
BAKRIE TELECOM PTE      11.50     05/07/15      USD        0.56
BLD INVESTMENTS PTE      8.63     03/23/15      USD        6.75
DAVOMAS INTERNATION     11.00     05/09/11      USD        0.38
DAVOMAS INTERNATION     11.00     05/09/11      USD        0.38
DAVOMAS INTERNATION     11.00     12/08/14      USD        0.38
DAVOMAS INTERNATION     11.00     12/08/14      USD        0.38
ENERCOAL RESOURCES       9.25     08/05/14      USD       45.75
ITNL OFFSHORE PTE L      7.50     01/18/21      CNY       20.29
MAXEON SOLAR TECHNO      9.50     01/15/28      USD       68.50
MICLYN EXPRESS OFFS      8.75     11/25/18      USD        0.86
NOMURA INTERNATIONA     19.50     08/28/28      TRY       68.22
NOMURA INTERNATIONA      7.65     10/04/37      AUD       64.72
ORO NEGRO DRILLING       7.50     01/24/24      USD        0.50
RICKMERS MARITIME        8.45     05/15/17      SGD        5.00
SWIBER HOLDINGS LTD      7.75     09/18/17      CNY        6.13


   SOUTH KOREA
   -----------

SAMPYO CEMENT CO LT      8.30     09/10/14      KRW       70.00
SAMPYO CEMENT CO LT      8.30     04/20/14      KRW       70.00
SAMPYO CEMENT CO LT      8.10     06/26/15      KRW       70.00
SAMPYO CEMENT CO LT      8.10     04/12/15      KRW       70.00
SAMPYO CEMENT CO LT      7.50     07/20/14      KRW       70.00


   SRI LANKA
   ---------

SRI LANKA GOVERNMEN     12.40     05/15/31      LKR       74.27
SRI LANKA GOVERNMEN     12.40     06/15/32      LKR       70.97
SRI LANKA GOVERNMEN     12.40     01/15/33      LKR       66.43
SRI LANKA GOVERNMEN     12.40     02/15/34      LKR       63.94
SRI LANKA GOVERNMEN     12.40     03/15/35      LKR       61.98
SRI LANKA GOVERNMEN     12.40     04/15/36      LKR       60.47
SRI LANKA GOVERNMEN     12.40     05/15/37      LKR       59.28
SRI LANKA GOVERNMEN      7.85     03/14/29      USD       58.91
SRI LANKA GOVERNMEN      7.85     03/14/29      USD       58.82
SRI LANKA GOVERNMEN     12.40     06/15/38      LKR       58.32
SRI LANKA GOVERNMEN      7.55     03/28/30      USD       57.93
SRI LANKA GOVERNMEN      7.55     03/28/30      USD       57.91



                           *********


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

Troubled Company Reporter-Asia Pacific is a daily newsletter co-
published by Bankruptcy Creditors' Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.
Marites O. Claro, Joy A. Agravante, Rousel Elaine T. Fernandez,
Julie Anne L. Toledo, Ivy B. Magdadaro and Peter A. Chapman,
Editors.

Copyright 2024.  All rights reserved.  ISSN: 1520-9482.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding,
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