Brief: Pacific Andes Resources Development updates on insolvency proceedings and restructuring process
27/04/2017 13:23
April 27 (Reuters) - Pacific Andes Resources Development
PACF.SI
* Directors of Zhonggang Fisheries Limited filed a voluntary
petition for relief under chapter 11 on 17 april 2017
* Co continuously keeps under review subsidiaries which
should file with New York court for protection under chapter 11
* Will continue to proceed with chapter 11 restructuring
process under supervision of US bankruptcy court in New York
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