Xiong Shi
Singyes shareholders approve China bail-out
The margin of support for the proposed $198 million takeover by a Beijing entity came as no surprise and the deal now hinges on the holders of $430 million of defaulted debts supporting a delayed settlement of their claims. First up, though, is a date with a winding-up petition on Monday.
Nov 2, 2019 // Markets & Finance News, China, Asia, Singyes, Zhuo Jianming, Xiong Shi
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