China Fishery Updates on Asset Sales, Shareholder Distributions Under Chapter 11

MT Newswires

2025/01/08

China Fishery Group (SGX:B0Z) said the liquidation of residual assets, including a Hong Kong office, is still ongoing under its Chapter 11 restructuring, according to a Tuesday filing on the Singapore Exchange.

A weak market has delayed the sale, with no formal offers received despite interest, the filing said.

The company has completed the dissolutions of 14 subsidiaries, and further liquidations and claim resolutions are in progress. Final shareholder distributions will follow asset sales, after which the company will be liquidated and delisted.

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Final shareholder distributions will follow asset sales, after which the company will be liquidated and delisted.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"B0Z.SI","symbol_name":"中渔集团","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2501759692","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2501759692","pubTimestamp":1736289566,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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