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Antong Holdings emerges from restructuring

Chinese domestic container shipping operator Antong Holdings has successfully completed a financial restructuring with its new owner. The company entered into court-led restructuring in March and its administrators signed with Fujian Zhaohang Logistics Management, a joint venture between China Merchants Port Holdings (CMPH) and AVIC Trust, to conduct a restructuring in October. Last month, Antong …

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Chinese domestic container shipping operator Antong Holdings has successfully completed a financial restructuring with its new owner. The company entered into court-led restructuring in March and its administrators signed with Fujian Zhaohang Logistics Management, a joint venture between China Merchants Port Holdings (CMPH) and AVIC Trust, to conduct a restructuring in October. Last month, Antong …

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