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Investors sink more cash into Shanghai Bestway

Financially troubled Shanghai Bestway Marine Engineering Design has announced that  new investors Longhai Investment and Shanghai Dingguo have agreed to replenish a further RMB26.2m ($3.77m) into the company to accelerate its restructuring process. Shanghai Bestway entered a debt restructuring in February and signed an agreement with the two investors in June where the new investors …

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Financially troubled Shanghai Bestway Marine Engineering Design has announced that  new investors Longhai Investment and Shanghai Dingguo have agreed to replenish a further RMB26.2m ($3.77m) into the company to accelerate its restructuring process. Shanghai Bestway entered a debt restructuring in February and signed an agreement with the two investors in June where the new investors …

[post_title] => Investors sink more cash into Shanghai Bestway [post_excerpt] => Financially troubled Shanghai Bestway Marine Engineering Design has announced that  new investors Longhai Investment and Shanghai Dingguo have agreed to replenish a further RMB26.2m ($3.77m) into the company to accelerate its restructuring process... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => investors-sink-more-cash-into-shanghai-bestway [to_ping] => [pinged] => [post_modified] => 2020-08-13 02:21:43 [post_modified_gmt] => 2020-08-13 02:21:43 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=125544 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )