Fri, Jun 18, 2004 - Page 11 News List

Procomp crisis leaves questions

RESTRUCTURING PLAN The controversy over the debt-riddled company's effort to pay its creditors deepened yesterday, as rumors of a SEC investigation emerged

By Lisa Wang and Joyce Huang  /  STAFF REPORTERS

Ding said that his commission wouldn't single out any listed companies for scrutiny, since the Gretai Stock Exchange, the nation's over-the-counter market, is already obligated to routinely review all listed companies' financial portfolios and debt-paying capabilities.

"Any such move would immediately cause panic among investors and be to the disadvantage of companies under scrutiny," Ding said.

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