United Kingdom


BRIEF-Gujarat NRE Coke files for initiation of Corporate Insolvency Resolution Process

* Says filed application with NCLT for initiation of Corporate Insolvency Resolution Process

BRIEF-PEC Ltd says unit ordered to wind up by an order of High Court Of Republic Of Singapore

* By an order of high court of republic of singapore co's s 51% -owned unit major insulation & links (mil) marketing pte was ordered to be wound up

11:47am GMT

BRIEF-Transcanada receives presidential permit for Keystone XL

* U.s. Department of state has signed and issued a presidential permit to construct Keystone XL pipeline.

Bonds, Regulatory News 11:10am GMT

BRIEF-Nam Cheong Group responds to queries raised by SGX-ST

* Responds that group is confident that it can restructure its existing commitments and continue as a going concern

9:28am GMT

Toshiba plans Westinghouse Chapter 11 filing, expects $9 bln in charges -sources

TOKYO, March 24 Japan's Toshiba Corp has informed its main lenders it is planning for its U.S. nuclear unit Westinghouse Electric Co LLC to file for bankruptcy on March 31, people briefed on the matter said on Friday.

UPDATE 1-Daewoo CEO says should step down if shipbuilder is unable to turn profit

* CEO says 2017 profit depends on making ships already ordered

7:49am GMT

Daewoo Shipbuilding sees order cancellations if enters court receivership

SEOUL, March 24 South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd is expected to receive considerable calls from shipowners for "builder's default" if the company goes into court receivership, its CEO Jung Sung-leep said on Friday.

6:06am GMT

UPDATE 1-Politics weigh as Korea's KEPCO eyes the Toshiba nuclear option

* U.S., Korean political uncertainty not helping (Adds KEPCO comment, debt)

Regulatory News, Bonds 3:04am GMT

Toshiba's main banks ask for Westinghouse bankruptcy filing this month -Nikkei

TOKYO, March 24 Toshiba Corp's main lenders are asking Toshiba to submit a bankruptcy filing for its U.S. nuclear unit Westinghouse Electric Co LLC by the end of this month, the Nikkei business daily reported on Friday, without citing sources.

Bonds, Regulatory News 12:54am GMT

Politics weigh as Korea's KEPCO eyes the Toshiba nuclear option

SEOUL/PARIS, March 24 South Korea's KEPCO , the likeliest suitor for Toshiba Corp's troubled nuclear business, is holding off from making an approach because of question marks over the scale of damage at the unit and political uncertainty in both South Korea and the United States, people with direct knowledge of the matter say.

Bonds, Regulatory News, 23 Mar 2017


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