Copyright 2000 AFX News Limited
AFX - Asia
June
15, 2000 Thursday
HEADLINE:
Zhengzhou Baiwen seeking restructuring opportunities/bankruptcy possible
Zhengzhou Baiwen Co Ltd said the company is seeking opportunities to carry out asset restructuring, although there remains a possibility that the firm will be put into bankruptcy.
The company said it made the announcement after its A-shares closed limit-up for three consecutive days.
Zhengzhou Baiwen's A-shares last closed at 6.16 yuan.