Court appoints provisional liquidators for China Fishery

Pacific Andes Resources Development

28/11/2015 02:38

SINGAPORE, Nov 28 (Reuters) - A Hong Kong court has 
appointed provisional liquidators for  China Fishery Group Ltd 
 CNFG.SI , the company said in a statement, adding trading in 
its shares would be suspended until further notice. 
    Earlier this week, HSBC Holdings, a lender to China Fishery, 
filed an application with the Hong Kong High Court and 
petitioned for it to be wound up.  urn:newsml:reuters.com:*:nL3N13L1X2 
    China Fishery and its parent, Pacific Andes Resources 
Development, said in August they were being investigated by the 
Monetary Authority of Singapore and the Commercial Affairs 
Department  PACF.SI  for an alleged offence under the Securities 
and Futures Act.  urn:newsml:reuters.com:*:nWNBS018QP  
    In a separate statement, Pacific Andes said it had requested 
for its shares to be voluntarily suspended. 
 
 (Reporting by Aradhana Aravindan; Editing by Eric Meijer) 
 ((aradhana.aravindan@thomsonreuters.com; +65 6403 5659; Reuters 
Messaging: aradhana.aravindan.thomsonreuters.com@reuters.net)) 
 
Keywords: CHINA FISHERY LIQUIDATORS/