Saturday, April 24, 2004

The Four Billion Dollar Man - update

SBS TV's Dateline reported on Commercial IBT on Wednesday 10 March 2004.

Ratings Agency of Malaysia has just made this announcement.

23 April 2004

RAM has suspended the AA1/P1 ratings of Commercial IBT Pty Ltd pending the outcome of an investigation on the Company by the Australian Securities and Investment Commission (“ASIC”).

ASIC itself has yet to make an announcement.