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Sunday, September 5, 1999

Forex Update

Sebi considers securitisation of debentures proposal
Securitisation of debentures was the latest of the proposals, made by mutual fund (MF) industry, being considered by Securities and Exchange Board of India (Sebi).

3 Korean affiliates of Daewoo apply for court receivership
Three companies affiliated with Daewoo Group have filed for court receivership in a new sign of trouble for South Korea's second largest conglomerate, the Korea Stock Exchange said.



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