China Fishery

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  • #25582

    Research Department

    Question submitted through email:

    I am a shareholder of china fishery, the company have been suspended for a long time.

    Can you please do a write up on the company and when it will be again traded

    Appreciate and thanks for your effort

     

    Answer:

    Latest update on China Fishery as per announcement 18Apr19

    -Company still under Chapter 11 restructuring (since 29Sep17) and remain in discussions with creditors and potential plan for investors

    -Mar19 reported unaudited loss before tax of US$23mn

    -a draft report on the forensic review of Pacific Andes has been completed

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