Update On Cancellation Of Shipbuilding Contracts And Related Matters

Please refer to the attachment.

The initial public offering of shares of Uni-Asia Finance Corporation (the "Offering") commenced on 8 August 2007 and closed on 15 August 2007. In the Offering, DBS Bank Ltd was the Manager, Underwriter and Placement Agent.

Attachments

1. Attachment 1 (Size: 27,843 bytes)