18-03-2023, 10:50 AM
A YANGZIJIANG Shipbuilding : BS6 0% unit that used to hold at least 43 subsidiaries has been ordered to wind up, after it failed to pay monetary compensation to a customer over a botched sale.
Singapore’s High Court on Friday (Mar 17) granted the application by Liberian company Trinity Seatrading for Yangzijiang Shipping to be liquidated because the Singapore-incorporated company is unable to pay a debt of over US$4.8 million owed to Trinity Seatrading.
https://www.businesstimes.com.sg/compani...npaid-us48
Singapore’s High Court on Friday (Mar 17) granted the application by Liberian company Trinity Seatrading for Yangzijiang Shipping to be liquidated because the Singapore-incorporated company is unable to pay a debt of over US$4.8 million owed to Trinity Seatrading.
https://www.businesstimes.com.sg/compani...npaid-us48
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