Brief: China Ocean Industry Group Says A Court Held Its Unit Bankrupt
27/12/2019 14:40
Dec 27 (Reuters) - China Ocean Industry Group Ltd 0651.HK :
* ON 20 DEC PEOPLE'S COURT OF RUGAO CITY, JIANGSU PROVINCE
HELD
NANTONG HUAKAI BANKRUPT
* EXPECTS THAT AGREEMENT IN RESPECT OF DISPOSAL OF 60%
EQUITY
INTEREST IN NANTONG HUAKAI SHALL LAPSE ON 31 DECEMBER 2019
* COURT HELD UNITS OF NANTONG HUAKAI & NANTONG HUAKAI
BANKRUPT IN
A CONSOLIDATED MANNER
Source text for Eikon: ID:nHKS5DKT7q
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