Amoi Electronics unveils debt relief proposals

Telecommunications, Media and Technology

Thursday, August 28, 2008 20:04:37

	Amoi Electronics unveils debt relief proposals By STAFF EDITOR Published: June 17, 2008 09:12 PM Amoi Co Ltd lent $14.49 million (RMB100 million) to its debt-ridden listed unit Amoi Electronics Co (600057.SH) in exchange for a 43.09% stake and China Electronics Corporation (CEC) lent it $57.97 million (RMB400 million) for a 51% controlling stake, Amoi Electronics said in a statement over the weekend, China Business News ... You are currently reading 48 words of 148 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article:	More Articles in Telecommunications, Media and Technology > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Nanjing electronics firm sells 20% stake in TV tube maker China’s cartoon industry to make up 1% of GDP: Morgan Stanley Shenzhen Coship Electronics takes full control of software subsidiary Tianjin’s mobile handset capacity doubled to 200m pa Ddmap.com enters 3rd fundraising round Tianjin service outsourcing zone 1H revenue up 90% Shiji licenses advanced hotel governance system for $5m

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