AsiaNet Daily Summary - Press Releases for Tuesday Dec. 30, 2008

JM EAGLE...

LOS ANGELES: JM Eagle, the world's largest plastic pipe manufacturer and a former subsidiary of Formosa Plastics in Taiwan, Tuesday announced its involvement in a major initiative with The Earth Institute at Columbia University of New York to provide safer water to more than 11,000 of the poorest people in Senegal.

DUBAI'S HIGHEST...

DUBAI: The Address, Downtown Burj Dubai, the flagship property of The Address Hotels + Resorts and the newest hotel brand in the international luxury hospitality scene, has opened Neos, the highest lounge in Dubai city.

PROMINENT ICONS...

SLOUGH: LG Electronics, the sponsor of London's 2008 New Year's Eve fireworks display are bringing some of the world's biggest icons to the capital to greet the New Year in style.

FANNIE MAE...

WASHINGTON, D.C.: Fannie Mae will redeem the principal amount of MTN securities issues amounting to a total of US$895 million on January 8 2009 at a redemption price equal to 100 per cent of the principal amount redeemed plus accrued interest.

(AsiaNet is a consortium of leading news agencies distributing unedited, translated news releases for worldwide clients. Visit www.asianetnews.net for full-text versions.)

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