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Taizhou Kouan Shipbuilding enters court-led restructuring

Chinese private shipyard Taizhou Kouan Shipbuilding has entered into a court-led restructuring after it was declared bankrupt by a local court. The ruling came after the court froze RMB90m ($12.6m) worth of the shipyard’s assets at the request of creditors in June. According to the court, the deteriorating financial status of the shipyard has affected the …

WP_Post Object ( [ID] => 228882 [post_author] => 75 [post_date] => 2020-08-10 03:05:18 [post_date_gmt] => 2020-08-10 03:05:18 [post_content] =>

Chinese private shipyard Taizhou Kouan Shipbuilding has entered into a court-led restructuring after it was declared bankrupt by a local court. The ruling came after the court froze RMB90m ($12.6m) worth of the shipyard’s assets at the request of creditors in June. According to the court, the deteriorating financial status of the shipyard has affected the …

[post_title] => Taizhou Kouan Shipbuilding enters court-led restructuring [post_excerpt] => Chinese private shipyard Taizhou Kouan Shipbuilding has entered into a court-led restructuring after it was declared bankrupt by a local court. The ruling came after the court froze RMB90m ($12.6m) worth of the shipyard’s assets at the request of... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => taizhou-kouan-shipbuilding-enters-court-led-restructuring [to_ping] => [pinged] => [post_modified] => 2020-08-10 05:55:18 [post_modified_gmt] => 2020-08-10 05:55:18 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=125365 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )