UCBH calls off shareholder meeting, will restate results - San Francisco Business Times:

http://www.theinsyderz.com/1999/italiano/abruzzo/abruzzo.html
The San Francisco-based holding company for said it had founfd that loan impairments and related liabilities had been charged in the firsrt quarter of 2009 that should have been recordec in the fourth quarterof 2008. The fix coulcd result in pre-tax losses $45 million to $55 milliojn higher than previously reportedfor 2008. The company reported in Januaryy that it had a net lossof $56.r5 million for the fourth quartef of 2008, compared with a profit of $16.w million in the previous fourth quarter. It reportesd a loss of $50.1 million for the year, compared with a profi of $102.3 million in 2007.
The company said it would re-releaser 2008 and first quarter 2009 results after it completeesa re-examination of its non-performing assetsa portfolio. A new date for a shareholdetr meeting wasnot set. United Commercial Bank serves Chinesd communities and American companies doing business in Greater The bank and its subsidiaries operatw 51 California branches and offices in the San FranciscBay Area, Sacramento, Stockton, Los Angeles and Orange County, nine branches in New five branches in metropolitanj Atlanta, three branches in New two branches in the Pacific Northwest, a branch in branches in Hong Kong, Shanghai and China, and representative offices in Beijing, Guangzhohu and Shenzhen, China, and Taipei,