china fishery group

China ratifies WTO deal on fisheries subsidies

TOP fishing nation China has formally accepted an agreement to cut state subsidies for the fisheries sector struck by members of the World Trade Organization (WTO) last year, the trade watchdog said o...

In June 2022, all of the WTO’s 164 members agreed to reduce the fisheries subsidies that spur over-fishing.

China aims to approve WTO fisheries subsidy deal in 2023

MAJOR fishing nation China aims to approve the World Trade Organization’s (WTO) agreement on cutting fisheries subsidies this year, the commerce ministry said on Friday (Jan 20).

Pacific Andes Resources Development to look into why unit went into provisional liquidation

Pacific Andes Resources Development to look into why unit went into provisional liquidation

THE board of industrial fishing firm Pacific Andes Resources Development has formed a committee to look into the circumstances that led its subsidiary, China Fishery Group, into provisional liquidatio...

Pacific Andes says talks with creditors, potential sponsors 'encouraging and productive'

Pacific Andes says talks with creditors, potential sponsors 'encouraging and productive'

Its key subsidiaries had combined unaudited turnover of HK$225m in the year ended Sept 28

Fitch further downgrades China Fishery ratings to 'restricted default'

Fitch further downgrades China Fishery ratings to 'restricted default'

FITCH Ratings has downgraded China Fishery Group's issuer default rating to "restricted default" or "RD" from "C" or what is defined as exceptionally high levels of credit risk where a default is inev...

China Fishery seeks further extension for release of full-year results

China Fishery seeks further extension for release of full-year results

CHINA Fishery Group has applied for a further extension of time for the announcement of its results for the financial year ended Sept 28, 2015, it said on Sunday.

China Fishery: Provisional liquidators discharged

China Fishery: Provisional liquidators discharged

FINANCIALLY beleaguered China Fishery Group on Monday said that its provisional liquidators have been discharged, and the control of the company has been returned to the board.

S&P downgrades China Fishery to 'D' after it defaults on coupon payment

S&P downgrades China Fishery to 'D' after it defaults on coupon payment

STANDARD & Poor's Ratings Services (S&P) on Monday said it has lowered its long-term corporate credit rating on Singapore-listed China Fishery to "D" (default) from "SD" (selective default).

Corporate digest

Corporate digest

HSBC, the bank that called in the liquidators on China Fishery Group last year, has now struck an agreement with the company and its other lenders. In a Singapore Exchange announcement on Sunday night...

HK High Court halts China Fishery winding-up process

HK High Court halts China Fishery winding-up process

SHAREHOLDERS and bondholders of beleaguered upstream fisher and fishmeal producer China Fishery Group might get a reprieve now that the Hong Kong High Court has put a halt to its liquidation process.