AsiaNet Daily Summary - Press Releases for Friday, May 30, 2008
BRANDES SUBMITS… SAN DIEGO: Brandes Investment Partners, L.P. publicly disclosed on April 29th, 2008, that it submitted to Hibiya Engineering, Ltd., an engineering company based in Japan and listed on the Tokyo Stock Exchange, a resolution to be submitted for shareholder approval at the company’s upcoming annual meeting of shareholders.
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EXIM Thailand Appoints New Head of Legal Affairs Office and Debt Administration and Credit Procedure Department
Export-Import Bank of Thailand (EXIM Thailand) appointed new Senior Vice President of the Office of Legal Affairs and Debt Administration and Credit Procedure Department to be effective on June 1, 2008.
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Fitch Affirms ‘AAA(tha)’/‘V1+(tha)’ Ratings of Thailand’s TMB Money Fund
Fitch Ratings (Thailand) Limited has today affirmed National fund ratings of ‘AAA(tha)’/‘V1+(tha)’ to TMB Money Fund (TMBMF). The ratings reflect the fund’s highest standards for credit quality, its conservative investment policies and the safety of its principal relative to other bond funds in Thailand.
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Asiasoft opens first day trade with 75 million shares at 12 baht per share.
Confident of good business with net profit growing to 107.7%, and good foundation, encouraging growth in the long run.
Asiasoft Corporation Public Company Limited (AS) steps forward to write a new page in the history of gaming industry, by being the first company in online gaming business in Thailand to enter the stock market.
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HSBC named Best Retail Bank in Hong Kong and Asia Pacific
HSBC has swept the board in the latest annual Asian Banker magazine Retail Financial Services awards, coming top in four categories. In addition to ‘Best Retail Bank in Hong Kong’, it has further beaten over 150 other banks and financial institutions in 23 countries across the Asia Pacific region to win the most prestigious award for ‘Best Retail Bank in Asia Pacific’.
HSBC in Hong Kong has also achieved recognition for ‘Excellence in Distribution Network Integration’ and ‘Excellence in Internet Banking’.
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Fitch: Challenging environment for Vietnamese banks
Fitch Ratings has said that in the immediate future, Vietnam’s banks face a particularly challenging environment, due to sharply higher interest rates and much tighter liquidity, as belatedly imposed by the country’s central bank, State Bank of Vietnam, recently to combat the sharp increase in inflation.
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Fitch affirms Shin Kong Financial; revises outlook to stable
Fitch Ratings has affirmed ratings on Shin Kong Financial Holding Co. Ltd. (SKFH) and its subsidiaries Shin Kong Life Insurance Company Ltd. (SKL) and Taiwan Shin Kong Commercial Bank (SKB), and simultaneously revised the Outlook to Stable from Positive.
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VIETNAM INVESTMENT SUMMIT STUDY TOUR, May 30th – 31st, 2008
VIETNAM INVESTMENT SUMMIT
STUDY TOUR, May 30th – 31st, 2008 BACKGROUND OF THE STUDY TOUR
Vietnam today still remains as one of the three most attractive investment areas in Asia. With its WHO SHOULD ATTEND?
This is a strategic, informative and concise program designed for senior representatives or PROGRAM OUTLINE
Day 1 Friday, 30 May 2007 8.00 am Visit to HOSE with presentation from HOSE’s CEO
Visit to Key Broking Houses with Q& A Session 11.30 am Vietnam Investment Forum & Luncheon
- Talk by Vietnam’s World Bank Head on “Overall Vietnamese Economic Outlook” 12.30 pm Networking Lunch 2.30 pm Visit Property Projects and Vietnamese listed companies 5.30 pm Free and Easy Day 2 Saturday, 31 May 2008
Planned Agenda (*content is subject to change) 8.50 am Arrival of Guests of Honor 8.55 am Opening Ceremony and Introduction by Mr Mark Laudi, Guest Emcee 9.00 am Welcome Address by Mr Stephen Lai, CEO of NextVIEW Group 9.10 am Keynote Address, Dr Tran Sac Sinh, CEO of Ho Chi Minh Stock Exchange 9.20 am Guest of Honor Address by Mdm Nguyen Thi Hong, Vice Chairman of the People Committee (invited) 9.40 am Keynote Address by Mr Truong Trong Nghia, Director of Investment and Trade Promotion Centre (invited)
10.30 am Networking and Refreshments 11.00 am Address by Mr Nguyen Son, State Securities Commission: Policies on
Developing Vietnam Stock Market (invited) 11.15 am Plenary Discussion: The roles and operations of Fund Managements and
securities companies 11.40 am Session Ends and continuation with the Asia Trader & Investor Convention
Program) 6.30 pm Exclusive ATIC Appreciation and Networking Dinner, hosted by NextView
Group and Ho Chi Minh Stock Exchange * All Study Tour Participants will be given a 2-day VIP pass to ATIC@HCMC events (May 31- June 1) PLUS complimentary entry to paid ATIC Master Trading seminars subject to space availability.
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AsiaNet Daily Summary - Press Releases for Thursday May 29, 2008
MARKETING AGENT… BETHESDA, Md.: Maple Life Financial Inc. and its affiliate MLF LexServ L.P. have been retained by the current owner of the former Ritchie Risk Linked Trading Strategies (Ireland) Ltd. life settlement portfolio to provide services with respect to the $2.3 billion face amount of life insurance policies purchased in February 2008 pursuant to a bankruptcy sale auction.
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Deutsche Post World Net: First quarter on target
Revenue increases 1.8 percent to 15.7 billion euros
Underlying EBIT rises 6.4 percent to 1 billion euros despite fewer working days; reported EBIT declines 15 percent About Deutsche Post World Net
Deutsche Post World Net is the world’s leading logistics group.
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