一.READING

PART ONE

Questions 1-7

. Read these sentences and the following business index.

. Which advisor each sentense (1-7) describe?

. For each sentence mark one letter (A , B ,C ,D or E) on your Answer Sheet.

Example

The company invests a large sum of money in high technology.

Answer: E

1. It is engaged in the expansion of a telecommunications line.

2. No other steel industries have such a high rating. .

3. The company is the chief holder of a British company’s shares.

4. As much as forty million U. S. dollars are invested in Taiwan.

5. It has business transactions with an American company.

6. The company gets a very high interest rate from its stocks.

7. Agreements were signed between two companies about technological cooperation.

A. Telecom Asia Corporation Limited (Thailand )

-It serves as international advisor in connection with the debt and equity financing for a US $3 billion telephone line expansion project in Bangkok. (Current)

B. Singapore Telecom international Pte. Ltd. (Singapore)

- It acquires its 50/00 interest in Cambridge Holding Ltd. ,the controlling shareholder of Cambridge Cable Ltd. of the U. K. (6/1992)

C. Pohang Iron 6 Steel Co. ,Ltd. (Korea) .

In connection with its ratings with Standard & Poor’s and Moody’s investor Services. The company obtained the highest rating of any steei company in the world. (II/1991)

D. Goldstar Co. ,Ltd. (Korea)

In its investiment in ,and technology agreements with ,Zenith Electronics of the U. S. -the first transaction of this type in Korea. (2/1991 )

E. Concord Venture Capital Co. , Ltd.(Taiwan) ’

-Structured ,marketed to investors and made a principal investment in the Fund with total equity of NT $ 940 million(US $ 40 million) to invest in Taiwanese high-technology venture capital opportunities. (I/1991)