China Fishery Group Faces Liquidation

2 December 2015, at 12:00am

CHINA - China Fishery Group, part of Pacific Andes, could be facing liquidation.

On 27 November 2015, a winding up petition was filed in the Grand Court of the Cayman Islands by HSBC, which is a lender to the company. If HSBC's application is successful, China Fishery Group will liquidated.

Mr Edward Simon Middleton and Mr Fergal Thomas Power, both of KPMG Hong Kong, and Mr Kris Beighton of KPMG Cayman Islands, have now been appointed as joint provisional liquidators of the company in Hong Kong.