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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…
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