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)