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)