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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Worswick who wrote (2625)	3/12/1998 10:06:00 AM
From: Mohan Marette	Respond to of 9980

ref: SIDBY loss $64 million, Indonesia downgrades. Worswick and all Thursday March 12, 7:51 am Eastern Time Company Press Release Business In Asia Today Sydney, March 12 /PRNewsire/ -- S&P DOWNGRADES 8 INDONESIAN FIRMS TO CREDITWATCH NEGATIVE JAKARTA - Standard & Poor's has revised the CreditWatch on eight Indonesian companies to negative from developing following the downgrade of the foreign and local currency ratings of the country. The companies are Asia Pulp & Paper Co. Ltd, Barito Pacific Timber (PT), Daya Guna Samudera (PT), Indah Kiat Pulp & Paper Corp (PT), Lontar Papyrus Pulp & Paper Industry (PT), Pabrik Kertas Tjiwi Kimia (PT), Pindo Deli Pulp & Paper Mills (PT) and Satelit Palapa Indonesia (PT). MALAYSIA'S SIME DARBY EXPECTS US$64 MLN LOSS FROM BANK SALE KUALA LUMPUR - Sime Darby Bhd [OTC BB:SIDBY - news], a well diversified Malaysian group, said it expects to book a RM246 million (US$64 million) loss from the proposed sale of its 60.35 percent stake in Sime Bank Bhd. Sime Darby earlier this week signed an agreement with RHB Bank Bhd, Rashid Hussain Berhad and KUB Malaysia to sell its shareholding in the financially troubled bank.

To: Worswick who wrote (2625)	3/12/1998 2:16:00 PM
From: Stitch	Read Replies (1) \| Respond to of 9980

Worswick, Re: SIDBY a buy at.45 sounds good to me. :) Best, Stitch

To: Worswick who wrote (2625)	3/13/1998 3:10:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 9980

'Fat Lady' from Madras,stops BJP in it's track and the saga continues. Worswick: haven't you heard??? dailynews.yahoo.com Fat Lady's qualifications and claim to fame,in case you wanna know. 1.Supremo of AIDMK party in Tamil Nadu 2.Erstwhile 'heart-throb'(like when I was a kid and a regular movie goer in India) and movie star.(Not anymore, too fat-<gg>) 3.Mistress of famous (late) Tamil actor MGR who happened to be from Kerala but moved to Tamil Nadu to become a famous actor and later a politician in T.Nadu. 4.A corrupt megalomaniac who happened to 'bless' everything owned by the state government in Tamil Nadu with her own name,while she was the Chief Minsiter of the State.