SUBSCRIBERS
China Fishery Group sinks amid liquidity problems
Published Thu, Nov 26, 2015 · 09:50 PM
Singapore
CHINA Fishery Group has found itself sinking in quicksand after a missed instalment on a club loan facility triggered a series of events.
The industrial fishing group failed to repay a US$31 million instalment on its US$650 million club loan facility due earlier this month, according to Standard & Poor's (S&P).
HSBC has therefore asked the Hon…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Tesla cuts US prices by US$2,000 as sales slow, inventories swell
Volkswagen workers vote decisively to unionise in Tennessee
Sony deal for Paramount would draw added regulatory scrutiny
Bitcoin 'halving' has taken place: CoinGecko
Lululemon to shutter Washington distribution center, lay off 128 employees
Wall Street bonus rules return to regulatory agenda in third try