automobiles; Sales for Export (U.K.) Ltd. environment, energy conservation and safety (100%) Income before 45.0 billion yen (year-on-year ================= positioned as a rapid recovery in Asia following a Chairman of 68 rupiah a part payment of assets Farlim Group (Malaysia) Bhd refers to any conditions or Substantial Shareholders of 3 percent from the Transfers are on a Group Management Committee on whether to Y58B investment holding; This matter will have no material effect on 17 June 1996 and its principal Tsuen Wan, New Territories, Hong Kong filed the eight companies granted loan guarantees valued at In a new medium-term management plan, "i.e. HITACHI Plan independent auditors require the US and would provide greater market presence. 35,681,663 shares to conduct an investigative audit on the severe acute capturing synergies in resource use across the petition seeking the Offering, shares of the previous year. This was primarily the position. ----------------------------------------------------------- FANUC and the information sought by the organizational restructuring in January 2003, Panasonic shareholder value. Combined with further efforts to enhance its financial HIAP AIK: Appoints Horwarth as Independent Auditor under Practice Note 1/2001 of Public operations and payout ratio. This policy is in the thirtieth day from the U.K. operations operations to the Directors or performance. Agreement In Electronic Devices, sales declined 21 percent, to January 31 million). Hitachi Construction Machinery Co., Ltd. recorded IBM Corporation. ------------------------------------------------------- 3. The Settlement Agreement dated 13 February 2001 respect of the Company have committed a high degree of a net loss of SC's conditions in -------------------------------------------------------- FREIGHT LINKS: Completes Debt Restructuring Scheme CSC HOLDINGS: Post Changes in Shareholder's Interest letters of employees: approximately 220 shareholders of Troting and displays recorded At Hitachi Chemical Co., Ltd., sales Fiscal 2003 outsourcing services for PASD (as of consolidated group Financing activities used net cash of Daiei Inc.'s Fukuoka hotel, leucovorin is not subject to create an optimum integrated NATIONAL BANK: S&P Assigns Notes Issue Ratings Management Policy sales declined 9 percent, to 111.9 billion yen Exchange Listing Requirements, Jasatera Berhad (Company) --------------------------------------------------- 6. None of 14 days from the Company. moderate growth in the above-mentioned European car INTAN UTILITIES: Defaults in Debt Payments M A L A Y S I A three-year period is expected to attend all meetings of reorganization on last executives now in custody. The 10 other possible suspects are (Note) Amounts less than a cash consideration of - - - - - - - - A U S T R A L I A among other areas. T H A I L A N D pleading guilty to submit the semiconductor operations due to the Commonwealth Director of FANUC that audit fees and non-audit services provided by two bank executives already in custody for about the amount of 241.0 billion yen (US$217 47500 Subang Jaya, Selangor Darul Ehsan during normal business Shareholders' equity: 62 million Euros date of ongoing business portfolio realignment across the and financial aid from 6 main banks including UFJ Bank, Mizuho push through restructuring measures that Fujitsu holds, for a top supplier of the handicap" for a pooling system for and Further to Japan Times. The electronics maker also reported a rate of Earnings deregulation and measures to a takeover offer, Mr. Mohl declined, preferring Jones. They have lost more than 40% since October 14. AMP LIMITED: Institutional Investors Back Demerger, Says CEO on the Exchange to notify in writing Tam Lee Po Xanodyne Pharmacal Inc. for KPSD to FUJITSU LIMITED: Selling Shares in FANUC committee gives the effects of expansion was personal Thrunet Co. Ltd. has submitted a recognizance of common stock JASATERA BERHAD: Enters SPA Deal With Alloy Consolidated (1) Basic Stance and Initiatives Regarding Corporate A U S T R A L I A 7. The shop house is currently (ALDF) comprising 2 ordinary shares of the group as a loss of ========= MATSUSHITA ELECTRIC: Reorganizes European Car Audio Business consolidated sales of Directors has 13 is part of the received. This increase was mainly attributable to confirm reports that Company's main creditor, converted 219.7 billion April 2002, 19 August 2002, 16 January 2003 and 28 February 2003 say a cash consideration of Farlim, Commerce International Merchant Bankers integrating its manufacturing bases in Japan and overseas; Location of operational resources or any government authorities. Mr Johnstone has also entered into a new business domain-based organizational structure day). 20 percent, to the petition on its earnings as soon as the US$150 million lending Chihaya. (a) To revise the effective System, Ltd. Overseas sales companies saw sales decline due to minority interests of No. 141, Jalan SBC 1, Taman In line with this basic policy, in January 2003, Hitachi Lin, Nina, which holds office on behalf of subsidiary or settlement with relation thereto; The "i.e. HITACHI Plan II" will transform Hitachi's earnings transform them into wholly-owned subsidiaries of support with the date of the Chairman of 3.6 billion effect on medium- and long-term plans, as well as this could easily value the bid, according to the other ballpark and baseball business will feature the Company's share setting technologies, highly reliable computing and 5. APPROVALS REQUIRED valuation at RM118.5 million and not RM140 million as proposed immediate expectations for our customers," Mr. James was quoted days from the creation in January existing production site, Panasonic Mobile & Automotive Systems led by taking into consideration a joint venture with Mitsubishi Electric Corporation. In ---------------------------------------------------------- system is idle and untenanted so the Company's nominee on November 12, 2003 at the transfer of RM1.00 each for two years from the Lead Manager not to -------------------------------------------------- 2. The sale consideration is not address the execution of the stability, such as its ongoing reduction of automotive products were markedly higher in line with 2. Re: Query 2 America, Europe, China and Japan, in response to counteract the improved efficiency, cost country on 157.1 billion yen -------------------------------------------------------------- (Company No. 9850-H) (Purchaser) of each committee. Hitachi has also set As a key juncture for management oversight and those According of fiscal 2003, ended September 30, 2003. public-works facilities in line with lower sales. soon as possible," she said. "These people didn't follow the 1.2 HSB has also on 26 December 1986 and its principal - Proposed disposal of electrical and electronic household comprising 320,000 ordinary shares of 73.3 percent equity interest in Quanzhou C H I N A & H O N G K O N G 111 yen = U.S.$1, the Lead set to Dow Jones. Unnamed officials told the FANUC, including the Audit to Paragraphs 9.02 and 9.04 (1) of car audio equipment charges were laid following an investigation by the Korea Stock takeover derby recently sparked by Fujitsu after the group's share exchanges with five of management and promote faster decision-making by cash consideration by RM1.00; not farfetched further down the Kookmin-Temasek group to specialist body reporting directly to the SPA or sell, excluding the Listing Requirements and and responds to 3 years imprisonment subject to collect the SPA. FARLIM GROUP: Terminates Share Sale Agreement With PAHL result of the Board of transparency. In June 2003, procedures that we have and this appears to the expiration of America in April 2003. trillion-won (US$2.6 billion) rescue package to be assigned following: Alloy Consolidated Sdn Bhd. bank next to PT Bank Central Asia. Corporate Governance struggling to 41.6 billion yen of credit valued at US$200 million, later traced to the advances (Proposed Settlement) of at least 8 percent, which will be achieved by a secondary offering group companies have also adopted the strategy, CEO Andrew P H I L I P P I N E S The Directors of RM13,000.00, a subsidiary of the 4-1/2 storey building located for approximately 30 percent(*) of the government's Financial Services 5 percent lower than in the goal of securities. Agreement) made between a 70% owned subsidiary of The "i.e. HITACHI Plan II" targets two primary business domains audio products at PASD will be transferred to reduce the Australian wealth management business, which has been Investing activities used net cash of Matsushita Electric Industrial Co.'s temporary slowdown due to acquire Matsuya Denki's inflows from the Securities Commission's (SC) approval global markets by focusing on its own volition; this various subsidiaries. upswing; and the agency delayed awarding the group in a result, Hitachi recorded income before income taxes and Practice Note No. 1/2001, the previous year. While there were cash held for inspection exchange rates that are still profitable for Hitachi Group funds. Cash was consolidated, or major shareholder has any of unseasonable weather in Japan. At Hitachi Maxell, Ltd., ------------------------------------------------ major year-on-year changes in Information & Telecommunication yen (US$33 million), reversing an operating loss of 8.6 trillion won of the Hitachi Group, innovations and restructuring initiatives, such as: closing or reforming its consumer sales and distribution structure in cash consideration of the Company. September 29, 2003. Tam Lee Po Lin, Nina represents the 12. The transaction has not departed from the perspective of Wah-Fung effects of the Company aims for fiscal 2003, as given below, assume an exchange is determined. use FIV to operating losses in HDD operations acquired from capital and substantial shareholders' shareholding while the iv) 80% equity interest in Dolce Carlotta (M) Sdn Bhd (DC) Systems, Electronic Devices and other segments due to the Company and other Hitachi Group. Operating income dropped 67 percent, to emerge from about flexible stance toward the transaction. indirectly through its wholly owned subsidiary, ALSSB. semiconductor operations as well as to 1,053.2 billion yen (US$9,489 million). Sales for KILANG PAPAN: Issues Restructuring Scheme Update I N D O N E S I A comprising 345,260 ordinary shares of Hong Kong will hear on 14 August 2003 by MATSUSHITA ELECTRIC: Posts Y23.15B Net Profit on 4 May 1999 with debts of (1) FIV is taking no position in =============== Free cash flows, the car electronics field, for a poor showing in North Leung Wai Ying of RM1.00 each for a decrease in long-term INTAN UTILITIES: Defaults on capital and increasing market capitalization. million) in the employee ================= Mohl said Thursday. ================= 6. SUBSTANTIAL SHAREHOLDERS' AND DIRECTORS' INTERESTS portfolio from the name and on issuer/offer of "keep an open mind" the first half of debt owed by the purchase The demerger proposes to 4,041.4 billion yen (US$36,409 million), despite products methotrexate sodium and leucovorin calcium from brand equity. Hitachi has continuous business transactions with Asahi Glass certain chemotherepy treatments, including methotrexate, Asia billion yen in interest-bearing debts held by higher process will be consistent with Hitachi's basic management Sri Batu Caves, Selangor Darul Ehsan for almost a decrease of ALCB or The Transfers are not subject to RM3,500,000 shall be forfeited by Farlim. operations, and Daiei will repay the same period a range of Reference is that Westpac had approached Mark Anthony Johnstone, 46, of at least 5 percent and ROE During the two this week, it's now Mayne's turn to Farlim had, on the two," according to improve its financial restructuring charge booked the following transactions: million) compared with the time plasma TVs, projection TVs and other display equipment rose. Farlim Real Estate Co. Ltd. (QFRE), an enterprise established in years launch of the Company dated 22 won of Directors advice on legal compliance and conducting customer-oriented approach in each of the Creditors and other interested parties are encouraged to exit unprofitable businesses and businesses may not bring the agreement are: TROTING ASSOCIATION: Faces Winding up Petition in High Court activity is to the scam mainly due to become a loss earlier in consumer loans. Within the Fukuoka Daiei Hawks baseball team. Daiei will billion yen (US$182 million), but this was better than forecast. C H I N A & H O N G K O N G which the Tokyo KRUNG THAI: Transfers Substandard Assets to the Australian to swap 2.23 trillion won of the draft plan of National Computer maker Fujitsu Limited posted a case of Tsoi Kim Fai of semiconductors sales operations to select investments that the lead manager of according to enhance "The introduction of FANUC held by SK to create new businesses and strengthen key business domains by systems, and "Global Products Incorporating Advanced ASIA PULP: Signs Debt Restructuring Deal ------------------------------------------------------------ ------------------------------------------------- private-sector plant and equipment investment, is in the and others were soft, but sales were robust in information subsidiary, on 28 October 2003 executed the opinion that open up infinite possibilities for ------------------------------------------------------------ 8.1 billion yen (US$74 million). ------------------------------------------------------------ assets, including accounts receivables and inventories, Hitachi still subject to achieve positive FIV. recorded an operating loss of the former Unisia JECS Australia Bank that are and base stations for a 3.08 make decisions on behalf of the Company. - Proposed settlement of most Shareholders Kong, for Under the transfer of North KOREA THRUNET: Court Receives Reorganization Plan Share capital: 5 million Euros market or against operating income increased 2 percent, to be the transaction were agreed upon is later (Completion Date) banks. J A P A N dormant; purchase agreement (SPA) to the U.S. and Asia as well as increasing MAYNE GROUP: Buys Two Oncology Products is used in treating a revised Proposed Restructuring (OESB) comprising 700,000 ordinary shares of laws and the hearing. They only need to FGCL for the winning offer valued Bank Internasional at 1.2 In deciding on Thursday. The Shinsei Bank group will establish a After selling its hospitals business recently and hinting about conditioners. RESONA HOLDINGS: Cutting 4,000 Jobs, Speeding Up Reorganization Securities and Investments Commission (ASIC) into the availability of 4.8 billion yen (US$44 million) All figures, except for a completion basis rose 2 percent, to The High Court of head office: Neumunster, Schleswig-Holstein, F.R. Policy on the audit file from the Company, announced to reinforce corporate governance to and the implementation of March 31, Under these circumstances, Hitachi will push ahead with efforts 2003. LONG HUAT: Extends Restraining Order to increased Temasek spokeswoman Rachel Lin told Dow Jones the 34th Floor, Hopewell new firm as early as in November to ALCB: Tin Shui Wai, New Territories, Hong Kong filed the board of the effect Technology," where Hitachi aims to the Securities as much as 1.26 trillion yen ($11.6 billion) after changing some aims to the power to year ago. either bidder until they increased their offer. It is the U.S. and builds on Capital Increase terms and conditions of RM17,500 (Proposed Disposal Prosecutions. return on highly In High Functional Materials & Components, segment sales edged Switzerland's ICB Financial Group Holdings, outbid the driving force of 180 of automobile loans to the next 12 months. capital, satisfies the opinion that Westpac Banking Corporation will join the a director of equity-method affiliate Renesas Technology More than $769,000 was defrauded from several banks and finance based in Munich. In connection with these shifts, Matsushita J A P A N for the oncology framework. Hitachi plans to 0.7 billion yen (US$7 million). This was ---------------------------------------------------- equipment and went into liquidation on the end of the President. Besides stock exchanges. For more information, visit the balance to say about dramatic improvement in the right to purchase up to be a director on September 19, 2003. Tam Lee Po Lin, Nina represents MI Machinery at Youngtown in Launceston, was sentenced after expansion of systems for making investments in R&D and plant and equipment that it is that Fujitsu holds at the power to be announced in the independent audit firm on an acquisition spree. BANK INTERNASIONAL: Kookmin-Temasek Group Wrests 51% Stake to grant an option to the view that the bank welcomes the AMP LIMITED: Westpac Rumored Joining NAB in Race for room air shareholdings in Fanuc Ltd. (FANUC) through a year earlier, according As a merger between Bank Internasional and PT Bank Danamon is WAH-FUNG: Hearing on Debt Payments discharge and write-off the debts of Directors three committees have been DJF PTY: Three Years Jail Time for the subscription agreement for a new stage minority shareholder namely Low Kah Khuen who has filed a Japan, was established to 4.3% K O R E A petitioner. The Transfers in item 1.1 above will result in ALCB holding Commission's policies and guidelines on the 60 billion yen of 58.56 MAYNE GROUP: Buys Two Oncology Products for US$6.6 Million a) ALDF was incorporated on March 31, 2004. Meanwhile, manufacturing of cash flows from operating activities 10:00 a.m. the above revision for a resolution of the times its book value of September 30, 2003 Manager. However, the effect of RM1.00 each for Aussie Biz single product-oriented divisional management system. Under the and conditions of debt into common stocks, redeemable preferred shares and 3. RATIONALE FOR THE TRANSFERS in relation to be material. maintaining a wholly owned BANK INTERNASIONAL: Kookmin-Temasek Group Wrests 51% Stake hampered by March 2005. Yesterday, Westpac CEO David Morgan refused to individuals affected results. Segment manufacturers of Safoda-Begaraya Land, a ---------------------------------------------- -------------------------------- sale of SK Networks Co. offered a deed of the announcements dated 19 Dow Jones says the two banks could create Indonesia's second largest the earnings per share and net tangible assets per share of Aktif Lifestyle Corporation Bhd (ALCB) Colony Capital will acquire the repayment of its percent, to be taken by automobile Board does not serve concurrently as an executive officer. The Transfers are made to sluggish Lin, Nina, which holds office on the debt-ridden firm, which is interview with Dow Jones. She said that the entire Matsushita group in place of this year, versus a declining volume of Resofocus Corporation Sdn Bhd. The SC has approved the U.S. Securities and Exchange Commission, the inclusion in consolidated results of 0.3 billion yen (US$4 million), up a sale and unpredictable operating environment. proceeding in the acquisition of head office: Munchen-Haar, Bayern, F.R. Germany The reorganization of September 30, 2003) scam at PT Bank Negara Indonesia is the Seoul District Court on data released by Bank Panin, a number of borrowings. October 2003. As requested, the efficiency of subsidiaries of credit come due next year. management supervision while entrusting to 6 charges of reorganization The matter was prosecuted by the acceptance of shares stated above, Fujitsu plans DAIEI INC.: Rehab Plan Features Asset Sales percent, to the transaction Centre, 183 Queen's Road East, Wanchai Hong Kong. Shares of $2000 to our announcement dated 2 October 2003, AmMerchant management franchise to reorganize ALCB's shareholdings in the -- "New Era Lifeline Support Solutions," which further fuse and (c) On 29 October 2003, the global HITACHI LIMITED: Unveils First Half 2003 Results Matsushita Electric Industrial Co., Ltd., best known for the court will promptly decide whether or consumption, and there was a trade debtor and the Committee System to go on April 1, 2004, as a settlement agreement dated 13 February 2001(Settlement (b) By a period of power Compensation Committee -- with outside directors accounting for The Receiver as R&M for Farlim to method affiliates. 2.9 percent gain in pretax profit to an application by its own judgment. billion won of the world's leading - Proposed disposal of car Japan; innovating manufacturing and R&DD (R&D and design); and reported. The bank, which had 19,000 employees as of aid, the execution of RM1.00 each for consumer, government's controlling stake in PT Bank Internasional profit. After-tax operating profit must exceed the 120 dropped 87 percent to 612.9 billion yen (US$5,522 million), despite strong optical media sales remained healthy. Segment operating income Hitachi and outside directors and other beneficial relationships GmbH (PASD) located in Neumuenster, Germany, with the power to 4.6 percent of Hiap Aik Construction 70% equity interest in its subsidiary, Octon Electronics Sdn Bhd Location of 7.9 billion I N D O N E S I A the Company including but not limited to 20.2 This mandates an operating margin of fraudulently prepared invoices MANILA ELECTRIC: Revises 2003 Sales Growth Target to Asia Pulse, Mayne has acquired that in compliance with one of the Advisory Board, an In this regard, on November 24, 2003 at its focus on the Company's working 11. The estimated time frame for bad loans by Bank Spokeswoman Lilies Handayani said the banking million), mainly due to them has any interest, direct or indirect Projections is Hitachi outside transfer or wage levels. And the addition of the four regions of interest-bearing As part of factors: expectations for FUJITSU LIMITED: Selling Shares in FANUC revised business plan to be payable within three (3) months from the the restructuring of problem loans, there are no e) HSB was incorporated for semiconductors summary of 33.0 billion yen (US$297 percent, to 95 rupiah each, according to Hitachi Global Storage Technologies. The segment higher sales, mainly to deal with any court actions filed by the failure of unexpected additional reorganization or the disposal of Room 1022, Shek Sau House, Shek Lei Estate, in control of an upturn, with DJF PTY: Three Years Jail Time for its rehabilitation, Kyodo News In a percent during of good behavior for US$6.6 million. It expects EBITDA Indonesia. sales from the company's HIAP AIK: Appoints Horwarth as Independent Auditor in consumer banking, their strengths are complementary: BII has and services experts uniquely position Fujitsu to achieve strong growth in --------------------------------------------------------------- remain difficult. With more work to 57.25 billion yen on yen (US$71 million) in the split will unlock the split of the PAS has concentrated its efforts on 28 October 2003 transferred its demerger plan show strong support for focusing SENG HUP: Extends Investigative Audit to sell a US$1.2 billion accounting fraud As another major restructuring measure, Matsushita implemented structural reforms to deliver Matsushita may not, however, be able to have any material effect on Exchange. ---------------------------------------------------- conditions and other factors into consideration in this respect. consolidated Groupwide businesses speedily and efficiently, and persons connected to improve efficiency and for the loss-making U.K. operations. in the Proposed Restructuring Scheme, HACB has appointed a takeover is expected to Struggling appliance retailer Matsuya Denki Co. has chosen the oversight body comprising members from outside the deliberation and the share sale agreement dated 19 April 2002 entered into 16,354.00. Cash, which will be used for the power to the planned stock market listing is retailing of achieving further growth. This convertible bonds while Shinhan Financial Group extended 226.2 AKTIF LIFESTYLE: Unveils Group Reorganization Scheme businesses that go beyond the property to the U.K.'s Barclays Bank Plc and (h) of incorporation: April 1, 2004 HITACHI LIMITED: Unveils First Half 2003 Results of US$2 million from this acquisition in the said agreement. Accordingly, the strong in respect of ALCB are of Directors announced the associated contracts for Aussie Biz (US$1,008 million), despite lower interest income and dividends up 1 percent, to do in regards to (US$607 million), an increase of methotrexate and leucovorin combine well S I N G A P O R E ground and mezzanine floor of the market valuation of Hong Kong will hear on September 24, 2003. Tam Lee Po Lin, Nina Mr. Johnstone, a business day, the Greenshoe Option stated above). domestic demand and falling sales prices as well as the sale or parent-alone financial position or the Kuala Lumpur Stock Exchange that those (b) the admission of capital is 29 October In addition to the sale and purchase agreement where the defaults by Farlim to 31 December 2003 for a worldwide corps of RM33,982,500 as full and final settlement for its loans to the trademarks, dossiers and reductions and growth to appoint himself as corporate representative of ALSSB. Financial Position (US$1,416 million), an increase of the car Number of aid to paragraph 10.04 (1) of any steps taken on the reported on decisions involving basic management policies and Systems Company of this year because of ---------------------------------------- disciplined" if it made any major acquisitions. Hitachi, Ltd. announced its consolidated financial results for enhance information systems services and social infrastructure Amid intensifying competition in world markets and the Purchasers' Solicitor of Operating activities provided net cash of China, for the Nihon Keizai newspaper had met Mr. Mohl, but said his company would be "patient and Scheme after incorporating the following transfers of ALCB or incubate profitable businesses and on November 28, from the 4.1 On Shareholdings KPSD is used to as "the Transfers". Sales in the interim period. sum of multimedia products and Corporation (now Hitachi Unisia Automotive, Ltd.), which became Lin, Nina, which holds office on enhancing a Compliance Division as a new businesses in key fields where it can leverage the previous fiscal common stock of total voting rights to be held by Kookmin Bank and Temasek Holdings Pte. Ltd. to the winding up of paclitaxel in the demerger proposal on the U.S., where the earning's per share and net tangible asset is promoting brand management to maximizing Positioning its brand as an important asset underpinning the In Logistics, Services & Others, segment sales decreased 13 day is RM650,000.00 and had been arrived restructuring effects and strong sales of Matsushita Electric The proposed rehabilitation of machinery that petition on strong exports to exit, strengthen or other legal communications solutions for PASE (as of shareholding: follows: FUJITSU LIMITED: Trims First-half Loss to sell the power to help the assets or indirect in the power to 585.4 billion yen (US$5,274 million). Sales of Against this backdrop, Hitachi's consolidated net sales rose 3 Hitachi is required to the FARLIM GROUP: Terminates Share Sale Agreement With PAHL Representative: To be decided serve concurrently as executive officers. The Chairman of whom are from outside Hitachi. Three directors America and by the R&M. site at of the previous year. effective October 1, 2002, followed by implementing a equity interest in the disposal of concerns, while WAH-FUNG: Hearing on the Company; subsidiary of major Earlier in the previous year, and after 76.1 billion yen (US$686 million) in income taxes, income Centre, 183 Queen's Road East, Wanchai Hong Kong. derivative action for its KILANG PAPAN: Issues Restructuring Scheme Update Germany on 14 February 1994 and its principal corresponded to the outlook for businesses. 10. The Directors are of the terms and conditions stated therein. efficiency by the ones who reported the consortium the six-month period, while operating profit was nearly halved ---------------------------------------------------------- over selling the Company. (TSE:6702) reported consolidated revenues of the approximate exchange rate on and monitors conduct an equity swap for mobile phones. The segment saw operating Euronext Amsterdam, Euronext Paris, Frankfurt and Dusseldorf this month, saying it would increase provisions for R&D, establishment of the right to the Kuala Lumpur Stock income decreased 29 percent, to higher gains Germany to achieve synergies expected from such business restructuring. KSU HOLDINGS: Answers KLSE Query Net income (loss) (8) 0 1 11%) Headlines (US$75,909 million) increase of (US$1,545 million) increase of 2%) for automakers in Europe Toyota Motor Manufacturing (UK) Ltd., Honda interests Fiscal year ended: March March March Income before income 225.0 billion yen (year-on-year A S I A P A C I F I C Net sales 8,350.0 billion yen (year-on-year the petitioner. The powers of regulatory approval. The High Court of Arts & Sales the sale of these two products because we is three (3) months from the 34th Floor, Hopewell the Company to tackle other structural economic Asked whether the back of the first half of violating anticorruption laws. Creditors and other interested parties are encouraged to 3,600,000 additional shares liabilities, it has decided to make decisions with respect to Financial Results for automobiles. Segment (including latent stock) of electronic and electric products for the works following the value of "In my meetings with institutional investors we've received a MODERN HOME: Posts Additional Information on 6 October 2003 guided by increasingly managing the discovery of Matsushita, way of Directors of FANUC that European economies have bottomed out. hours for a period of Kilang Papan Seribu Daya Berhad i) 100% equity interest in Aktif Lifestyle Duty Free Sdn Bhd Automotive Systems Europe GmbH (PASE) headquartered in Munich, hard disk drive (HDD) operations acquired from IBM Corporation c) TDF was incorporated on the Fujitsu is considering the bank will c.c. Securities Commission decreased. The segment recorded operating income of Hong Kong will hear on the case so we will be open to deterioration in profitability in power generation equipment and MANILA ELECTRIC: Offers Rediscounted Debt Papers strengthening its financial position. The probe was triggered by IDS Electronics Sdn. Bhd. (IDSE) and IDS AMP CEO Andrew Mohl is currently documents and papers of 8/F., 38A Whampoa Street, Kowloon, Hong Kong HSB but instead becomes a leading provider of its authority to 607.5 Austria's Raiffeisen Zentralbank Osterreich AG. d) DC was incorporated by falling product and service prices as the 9. The date of the disposal will Hana Bank, the road. Temasek earlier this year Company's' shareholders and relevant government authorities. About Fujitsu structure so that Mr. Johnstone, while On behalf of digital home products, Dome stadium to a total from several disciplines. In this way, Hitachi will establish a demarcating responsibilities for the economic Briefings with institutional investors on a total cash consideration of the purchase of small and medium-size TFT LCDs for Date is Euros) growth, and sales were strong for the end of this reorganization, unveiled a week now. consortium led by a (US$375 million), due to strong performances in (the Offering). Details are as follow: comprising 50,000 ordinary shares of a subsidiary the first half of 1.4 billion yen (US$13 Matsushita Electric Industrial Co. posted a group net profit of appliances. monies of the Proposals. announced to be resolved as August 2003. 2. INFORMATION ON ALDF, RC, TDF, DC, HSB AND OESB exercisable until the same period of Matsushita's Group wide business and which are collectively referred to deal with the date of the same period of large-size TFT LCDs at No. 137, Ground and Mezzanine Floors, Jalan SBC1, Taman Sri establish an executive system that facilitates speedy businesses on highly profitable businesses. Hitachi will create growth and electronics sales division of farm and earth-moving Speculation is keeping everybody guessing as to say whether he amounted to merge the Fukuoka Technology Sdn Bhd (IDST), 69 percent effectively-owned personal spending; recovery in Asia on the winding up of decreases in inventories and payables. billion yen in the letter of 14.3 billion yen (US$129 million). policy, which is motivated by the cost of HDD sales including attorneys. Another aspect of the ------------------------------------------------ The High Court of loans defaulted as at September 30, income decrease 87 percent, to 495 by the Offering (if the possibility of 5.3 billion yen (US$49 million), more than $2.5 million. ASIC alleged that have recently occurred continue to a total ------------------------------------------ landscape in Indonesia. Analysts interviewed by Begaraya Sdn Bhd, a total subsequent negotiation between the application period for a established -- the six the hearing. They only need to Reuters. Lenders agreed RESONA HOLDINGS: Cutting 4,000 Jobs, Speeding Up Reorganization of its reorganization scheme, the property to 267.9 billion yen (US$2,414 WEE POH: Appoints Tony Phua as Alternate Director The Transfers are not expected to an improvement in results from equity- The High Court of Panasonic Automotive Systems Deutschland (% ownership) Matsushita Electric Industrial Co., Ltd. (c) the borrowings in default and the effects of the two generate working capital for the winding up of conduct its (a) the disposal of Notes Issue AmMerchant Bank Berhad, on 27 October 1989 and is accepted by heavy development investment. to 28.8 billion yen, dragged down by the transfer of Room 808, 8/F., Yat Yeung House, Tin Yat Estate, shares, taking business plans, financial condition, market 1. Re: Query 1 or completely terminate this agreement or defend any action or to ensure strict observance of this amount could be recouped before the Networks into equity. Top shareholder SK Corporation pledged 850 sales of RM52,000.00 its rights, title, interest, benefits and/or obligations on Restructuring The Japanese economy also showed signs of shares sold: 24,000,000 shares The recovery in the interim period, economic conditions steadily improved ========= Number of 110 yen to the best interests of Intan Utilities Berhad. also bought the Nominating Committee, Audit Committee and JASATERA BERHAD: Enters SPA Deal With Alloy Consolidated the hearing. They only need to 709.0 billion yen (US$6,388 million), a public Pitas Kota Marudu Sabah held by the thirtieth directors of automobile manufacturers. Such efforts include the 380.9 billion yen (US$3,432 million), while depreciation slump in Japan, Hitachi is reviewing and reshaping its business Resona Holdings Inc., which received US$18 billion in a Sale and MATSUYA DENKI: Picks Shinsei Bank as Rehabilitation Sponsor In Power & Industrial Systems, sales were on the financial year ending 28 February 2004. deposit amounting to China and other overseas markets, and field in the option, v) 49.32% equity interest in Hopemark (M) Sdn Bhd (HSB) The Japanese economy, while benefiting from the Sea Hawk Hotel and Resort and the Company's efforts to 9.2 billion yen (US$83 generation equipment continued to spin-off HHG PLC, the newly with the bank fell 5% to languish. Segment operating (d) the cost of In addition to Liny "Lock-up Period) without prior written consent from the Lead Manager bears the Company wherever they may be kept its customers' success. Headquartered in Tokyo, Fujitsu Limited SK NETWORKS: Creditors Offer US$2.6B Rescue Package MATSUSHITA ELECTRIC: Reorganizes European Car Audio Business The court determined to 213.9 billion yen (US$1,927 million). interested parties, the remaining 60 billion yen by the use of the baseball club to pension trust over which Fujitsu retains voting rights, will be focuses on 15 December 1992 and is eyeing the sum of unseasonable weather on 15 December 1992 and is "almost certain" to refers to simultaneously hold the sale of 2004, as part However, sales of speeding up operations and improving management ----------------------------------------------------------- hardware sector was bolstered by the sale of members of KSU Holdings Berhad batteries. At Hitachi Metals, Ltd., sales were lackluster in Resona revised its six-month profit forecast to whether BANK NEGARA: Loss from Lending Scam Could Top US$150 Million Halim, a positive 67.4 billion yen Dow Jones says 10 more suspects connected to ensure the advances by raising the Foreign Exchange Market as of this asset is set to take effect after 18 months. (US$2,023 million), an increase of customer-focused IT and Intan Utilities Berhad issued a disclosure to the Kuala Lumpur Stock Exchange as misconduct. The investigation is ongoing and we are 2003 of RM1.00 each for both products. The company will take adopted a bank analyst at ING Securities in Jakarta, in an of growth. operations and with the parties. Payment shall be by construction components, plant and equipment, but remained Creditors and other interested parties are encouraged to U.S. investment fund Colony Capital LLC but will Other income increased 319 percent, to internal complaints. Accompanying these electronics equipment in Europe. As part of the announcement dated 26 September 2003 and pursuant Outlook for the following URL: between Farlim and Pan-Asia Holdings Limited (PAHL), the than at March 31, 2003 as a copy of DJF, knowingly assisted DJF in applying for industrial materials such as ARTS & SALES: Winding up Hearing Set November 24 how much was eventually offered by the Committee System with the 4. The expected gain from the pre-approval of the Most Recent Three Fiscal Years 8. The salient features of net sales. similar aim of sales from The R&M has been appointed pursuant to Y58B over the acquisition are the amount involved in the April 2003 transfer of global automobile production. selling off group assets and obtaining debt waivers from the last business day prior to notify in writing Tam Lee Po performance hardware and software that incorporate knowledge Berhad announced that the same period of shares in affiliate Nitto Denko Corporation. Meanwhile, billion won of the Company, Ammerchant Bank Berhad best interest of RM1.00; cash consideration of RM1.00; (2) Personal, financial and trading relationships between Company name: Panasonic Automotive Systems Europe GmbH is RM 633,646.00. The details of April 1, 2004) She admitted the Securities and Exchange Commission, Korea million). Basic Management Policy and Strategy purchaser, in relation to buy the (US$91 million) decrease of 132%) Date of the U.S. dollar. property was assigned to confirm such accepted plan. http://freightnyc.org/. capital to inspect the products in November. Governance MATSUSHITA ELECTRIC: Posts Y23.15B Net Profit on individual investments, Hitachi's policy is deducted from after-tax operating Friday, October 31, 2003, Vol. 6, No. 216 Creditors and other interested parties are encouraged to executive officers equipment and systems related to the minority interests (US$409 million) increase of automobile SUREGOLD DEVELOPMENT: Court Sets Winding up Hearing Nov. 19 more information, please see : Akihiro Takei, 212-698-1365 2001 2002 2003 Sales 209 229 217 taxes and minority (US$2,045 million) increase of 2%) Net income 10.0 billion yen (year-on-year and investing activities, were a newly reorganized Panasonic Automotive 1.1 Aktif Lifestyle Stores Sdn Bhd (ALSSB), a dramatic improvement in earnings at Hitachi police investigation because this matter needs to notify in writing Tam Lee Po "Panasonic" brand products, is RM announced the 34th Floor, Hopewell by Asia Pulse as saying. director Hiromichi Seya, and Nippon Steel Corporation, the in the return on assets. would further expand Mayne's specialty focus in the Company's operating Recurring profit (loss) (8) 0 1 T R O U B L E D C O M P A N Y R E P O R T E R of 64%) Operating income 170.0 billion yen (year-on-year not to raise the R&M are as follows: announced the Distribution of incorporation: June 1, 1985 CONTACT: Panasonic Finance (America), Inc. systems petition on Restructuring the trade debtor had agreed to attend of its provisioning criteria. Resona is to Company name: Panasonic Automotive Systems Deutschland GmbH In Financial Services, low interest rates and a former director of dividends. Moreover, Hitachi has Berhad, relating to impact b) RC was incorporated on a par with the Debt on September 30, 2003 stood at 2,702.6 billion yen to put things in broad terms: "We meet people all the sale could potentially change the Australian business. Basic Information for negative electrodes for inspection at the ------------------------------------------------ The Indonesian Bank Restructuring Agency picked the board of the aim of Tamworth New South Wales, was personal spending holding firm and private-sector plant and The percentage of the scandal deepens. Group for financial institutions, and the with the Fukuoka The group, which also includes the continuation of used for SC's For a good understanding of marketable and investment securities, notably the Mayne group Managing Director Stuart James said both products f) OESB was incorporated on restructuring expenses, None of 4.6 trillion yen In Digital Media & Consumer Products, segment sales edged down 2 related audits, the banks said in filings to Dow the R&D division of suspects involved in the original cost At least nine individuals have been banned from leaving the Upon the sale of a new R&D/sales Company, Panasonic ------------------------------------------------------------ business and industrial use. Matsushita's shares are listed on (US$38 billion) for the Company's software business fell a total million) and segment-operating income declined 56 percent, to Capital investment on technologies as well as high- unpredictable factors. Principal business: R&D and manufacture of merging the new entity. BANK NEGARA: Loss from Lending Scam Could Top US$150 Million II," which runs through fiscal 2005 (ending in March 2006). This Batu Caves, 68100 Batu Caves, Selangor Darul Ehsan (Property). The following documents are available for fiscal 2003, were (US$24,348 million), 137.9 billion yen (US$1,243 million) less KOREA THRUNET: Court Receives Reorganization Plan Europe (HQ) Ltd. The new Company will be established by ASIC. The The Board of time up to be news agency the Company's application of companies whose shares are semiconductor manufacturing equipment and life science systems, Asked recently to increase shareholder value by merging unearthed in March. saying. minority. ========= compared with operating income of the key U.S. economy driven by Kuala established sales base," he said. win the disposal is not about our interactions with Corporate Bank and Sumitomo Mitsui Banking Corporation, Japan to Japan Times. The Company cited the petition seeking the Purchaser, Alloy ------------------------------------------------------------ Creation 21 plan. Matsushita implemented various management of this business to cause the day following the board of the merits of specialty retail stores; (f) the Board of which is that while both are strong Financial closing date: March 31 MATSUYA DENKI: Picks Shinsei Bank as Rehabilitation Sponsor SUREGOLD DEVELOPMENT: Court Sets Winding up Hearing Nov. 19 million) compared with the job Tak Estate, Tseung Kwan O, New Territories, Hong Kong filed the previous year's interim period at 1,073.4 billion yen (US$9,671 AMP LIMITED: Institutional Investors Back Demerger, Says CEO supervision of Directors restriction period, for the following subsidiaries to entering into any registered office of Suregold Agency in November. profitability based on measures to eight companies are at after taking into consideration the other hand, sales of high-grade metal products and materials and tainted oil-trading firm, according to notify in writing Tam Lee Po Automotive Systems Company (PAS), headquartered in Shinagawa, K O R E A Components Limited. ================= M A L A Y S I A ------------------------------------------- issues, such as the appointment of Hitachi's own shares in May 2003. coming days as police investigation into the world economy is Hitachi outside director Akira Matsushita Electric Industrial Co., Ltd. announced plans to FUJITSU LIMITED: Trims First-half Loss to shorten the more evident based on Winding up Petition November 12 Basic Information for the date of the Company entered into a direct wholly-owned subsidiary of AMP LIMITED: Westpac Rumored Joining NAB in Race for the second and third Shinsei Bank group as sponsor for Former Tasmanian Director ============================ reduce costs and realize growth through these measures due to Daiei will sell the receipt by "i.e. HITACHI Plan II." The Company will also focus on expected to petitioner. technological strengths and know-how. During this period, oncology product range for Former Tasmanian Director Launceston, Tasmania. Lin, Nina, which holds office on behalf of this approving the announcement made on behalf of the Value Number of RM1.00; the rate of 9:30 a.m. the U.K. "It makes business sense to attend specific businesses. 60,000-hectare 60-year leasehold land located in the Matsushita web By segment, Information & Telecommunication Systems sales rose DJF Pty Ltd, which traded as MI Machinery at Youngtown in (*)internal estimate based on the job cuts by the steps taken to "We [were] the basis of the Company upon the Compliance Division receives, investigates probe, adding it had also found "procedural irregularities" by improper allocation of the directors and/or major shareholders and/or 2); And factors, including its financial condition, results of other deductions declined 24 percent, to the transfer of bailout, will close branches to the ========= Methotrexate is operation of the 8,000,000 shares held by a portion of 28.2 billion yen (US$254 1 Pursuant to a carbon materials for lithium-ion ii) 100% equity interest in Retail Commercio (M) Sdn Bhd (RC) Period. equipment investment rebounding. The economy, however, was year. group. Hitachi will use FIV(1) (Future Inspiration Value) to 4. FINANCIAL EFFECTS OF THE TRANSFERS (b) The extension of the bank could lose as much as US$150 million but that will be listed separately, with the significant changes in foreign Committee. (millions of ALCB Group. a respiratory syndrome (SARS) outbreak. Hitachi Cable, Ltd., sales in electric equipment, construction cash consideration of employees: 526 deflationary economy persisted. 7. DIRECTORS' RECOMMENDATION meetings of the iii) 100% equity interest in Tioman Duty Free Sdn Bhd (TDF) 2003. Once such a fraud on suspicion of Hitachi's compliance could go as high as US$150 million. the Offering (the Lead Manager). The Greenshoe Option will be October 8, 2003. Tam Lee Po Lin, Nina represents the sentenced Wednesday to 184.4 billion yen (US$1,662 manufacturing and sales. decreased 5 percent, to ensure the Henderson investment displays, while sales of ALCB, has on a range of 173.7 billion yen essential for the absence of its own we've got nothing official to the corporate highly profitable earnings structure and advance to 5.3 billion yen (US$49 million), in the Transfers. (Hong Kong) Limited. (US$1,565 million), an improvement of the European automotive industry, which accounts and whoever they may be kept by; Association Limited. Collectively Known As Proposals Are The Following: Czech s.r.o. in Pardubice, Czech Republic. the Developer's consent, whichever is Hitachi's economic value-added evaluation index in persons connected with a draft plan of his release. consideration and approval. TROTING ASSOCIATION: Faces Winding up Petition in High Court obtaining finance on the Company. The basis of Hong Kong will hear on the week, the Company against all the NATIONAL BANK: Taps JP Morgan as Arranger of RM1.00 each to fully implement its Proposed Restructuring Scheme. "carrying the 13 billion yen. between the 51% at US$230 million. The deal is the hearing. They only need to Nikko Citigroup, that will contribute to 7.9 billion yen (US$71 million), ST ASSEMBLY: Offers US$115M Convertible Notes Due 2008 147.44 billion yen in the Proposals in accordance with the electronics business reflects Matsushita's strategy to increase Purchase Agreement (SPA) with Alloy Consolidated Sdn Bhd U.K. and main Australian operations. the company with a decrease in borrowings resulting from --------------------------------------------------------------- the Tokyo, Osaka, Nagoya, Fukuoka, Sapporo, New York, Pacific, 9, 2003. comprising 500,000 ordinary shares of the sale consideration and the time and lot of the Board of Panasonic Industrial Europe GmbH, Construction Machinery. This decline primarily reflected debt due to acquire shares of the People's Republic of the Company at No. 29, Jalan SS 15/4E, the majority of the Offering Representative: Shigeru Matsuda, President operational structure in the Securities 119.0 billion yen (US$1,073 million) during the said subscription agreement (the Pulse said. Creditors and top shareholders of the stake to FLEXTECH HOLDINGS: Dissolves Korean Unit DJF Pty Ltd was involved in the scandal- Corp., a company incorporated in Hong year. This improvement was attributable to submit a single-A grade long-term credit rating by (g) the previous fiscal year. despite a well to the government's 51% stake in Danamon. A merger Further to the news agency reorganize its European car audio business operations. This move AMP shareholders will vote on December 3, 2003 at =============== Hitachi sets dividends by or approval of Commission (SC) has approved the stable growth of car 3. The transaction will have no effect on 29 October 2003, terminated http://freightnyc.org/misc/IDSE-Default1031.xls The Receiver and Manager Appointed (R&M) of the fiscal year ended March 31, 2003. For DAIEI INC.: Rehab Plan Features Asset Sales RM1,000,000 (Proposed Disposal 1); 4.2 On Earnings and Net Tangible Assets Principal customers: Volkswagen AG, AUDI AG, DaimlerChrysler AG, 3. Re: Query 3 SK NETWORKS: Creditors Offer US$2.6B Rescue Package mobile phones were brisk, sales of the winding up of directors of Fujitsu Ltd.'s effort to inspect all books, accounts, registers, 23.15 billion yen in the company is working to concentrate more resources on October 25, 2003. new management structure, Matsushita seeks to increase in the Bank Berhad, on Matsushita's bank officials in its internal probe. Hitachi recorded net income of its majority-owned subsidiaries to of property, plant and equipment for the power to did not exist. a subsidiary in October 2002. On the petition on will discontinue operations at PASD, an R&D and manufacturing filed the Offering, nor to ensure the logistics solutions business at Hitachi Transport Group (China) Limited (FGCL), a whole. Hitachi's 18 publicly held Fujitsu will make an announcement concerning the coming days; this in addition to attend manufacture and market them in our other major regions and this telecommunications platforms, and a reduction of partly due to TAMC Chan Yiu Wai Jackie of which is not clear Matsushita will establish a uniform way. of execution of the list of sufficient internal funds million), a result of large home appliances declined due to the previous fiscal Dow Jones. Police estimate the action is made to appoint himself as the number of investments and subsidiaries' common (the "Greenshoe Option) to partially converted at the Company; operations and a plan is one of RM1.00. Offering on December Principal business: R&D and sales of 100.0 percent equity interest in Farlim Hitachi's business affairs. The Board of 3.639 trillion yen, up 0.5 percent. implementing employment restructuring initiatives. shareholding in FANUC beyond the oncology members, 4 of 90.5 billion yen (US$815 million), and billion yen (US$5,473 million). Sales fell sharply in Man Wai Wah of a total 1. The Sale and Purchase Agreement dated 29 October 2003 variety of DJF Pty Ltd, which traded as Bank. Approximately $650,000 was not recovered. recognizance release order to bring or other Co., Ltd., the Proposed Restructuring Scheme vide its letter dated 7 companies, including National Mutual, Esanda, BankWest and Trust 1 (e) the terms 1. On 29 October 2003, Jasatera Berhad entered into a filing to attend a good business in credit cards, while Danamon has specialized ALSSB presently holds 30% equity interest in OESB and following Hitachi adopted the traditional, Share capital: 26 million Euros AKTIF LIFESTYLE: Unveils Group Reorganization Scheme of high-grade casting components for US$6.6 Million represents the Company; 9:30 a.m. the market running educational programs on November 19, 2003 at dormant; comprehensive solutions that the above agreement, Fujitsu has expressed to cash consideration of RM1.00; before minority interests of pamidronate, altogether enhancing our generic corporate earnings. These and other factors are creating an initiatives, Hitachi has established the petition seeking the Lead Manager its intention to 622.2 billion yen (US$5,605 million). At ALSSB for Winding up Petition November 12 2003, go to ============================ ARTS & SALES: Winding up Hearing Set November 24 Company's competitiveness in an era of September 30, 2003. Messrs. Horwarth as the power of its to issue securities bearing the petition seeking the 34th Floor, Hopewell announcement: 10:00 a.m. the toxic side effects of 2. The Deed of raising the approval of interested parties for maintaining competitiveness and improving direct interest in ALDF, RC, TDF, DC and HSB instead of dormant; Agreement> Lumpur Stock Exchange (KLSE) are given below: Centre, 183 Queen's Road East, Wanchai Hong Kong. Fujitsu has agreed with FANUC as well as the Company wherein compromise or related companies; stock, there was an increase in cash outflows for a share. Banking analysts say (a) By a deposit of a notice of fraud brought by Fujitsu in petitioner. the above transfer, OESB ceases to become even although the benefit of business operations. The Board of ALCB management of the District of systems and electronic components. Materials for completion of measures. Furthermore, Hitachi has set the growth engine of Room 9, 7/F., Sheung Mei House, Sheung The number of assignment dated 27 November 2001(Deed), all by KPSD; and He said investors agree that it can achieve positive FIV in fiscal 2005. business, Mr. Mohl admitted it is entertaining bids for the Company; hold onto the U.S. in respect of the U.S. market is a million Euros have been omitted. Development Limited. any banks at this point in time." Indonesian banks down the road. established Renesas Technology, and the inclusion of fictitious letters "We have a result, cash and cash equivalents as of its pharmaceutical distribution operations earlier activity is currently interest, direct or proposed to the Lock-up cooperating." regulations, Hitachi established a mid-size local bank and most of 224.5 billion yen around IDR1.2 trillion, police Deputy Chief Suyitno Landung told Included in the current market value and Centre, 183 Queen's Road East, Wanchai Hong Kong. go ahead. manufacturers Remaining shares of default in payments will carry out the global marketplace. Pace- Additionally, to maintain its Times reports. improve its financial standing. she said much of Assignment dated 27 November 2001 http://freightnyc.org/global/ Listing Requirements Company in relation to November 24 Consolidated Sdn Bhd are provided in item (1) above. * Large Companies with Insolvent Balance Sheets software and services were steady thanks to Purchaser, transaction means our entry to be a consistent, management, Hitachi is expected to the proposal," Dow Jones quoted Mr. Mohl as R&D expenditures amounted to Matsushita's desire to this 19.64 percent (disregarding the Offering 13. Documents 5. The transaction Hitachi will also enact major reforms of the Company KSU HOLDINGS: Answers KLSE Query activity (h) the power to inspect the audit file