Brief: Pacific Andes Resources Development says China Fishery entered deed of undertaking
24/01/2016 22:22
Jan 25 (Reuters) - Pacific Andes Resources Development Ltd: * China Fishery Group entered into a deed of undertaking with the hongkong and Shanghai banking corporation on 20 January 2016 * deed was negotiated and agreed directly with HSBC, Bank of America, and all other club lenders to CFGL * HSBC agreed to take all necessary action to apply for dismissal of winding up petition set for hearing in cayman court on 8 January * HSBC agreed to terminate appointment of Fergal Thomas Power, Kris Beighton, Alexander Lawson of messrs KPMG as joint provisional liquidators of CFGL * HSBC agreed to apply for dismissal of winding up petition set for hearing in cayman court on 8 January * Source text for Eikon ID:nHKS9xw5jx * ((For more news, please click here PACF.SI ((Bengaluru Newsroom; +91 80 6749 1130))
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