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)

　　PART ONE

　　1. A 2. C 3. B 4. E 5. D 6. B 7. D