CCB report awaited on loss

PUBLISHED : Monday, 13 January, 1997, 12:00am
UPDATED : Monday, 13 January, 1997, 12:00am

Chinese medicine retailer Tung Fong Hung (Holdings) says it cannot estimate the effect of a shortfall, found at a subsidiary of 29 per cent owned associate Nam Pei Hong, until a Commercial Crime Bureau investigation is completed.

Tung Fong Hung issued an announcement after Nam Pei Hong said it made an attributable loss of $85.13 million for the six months to September, including a $65 million exceptional loss arising from the stock shortfall at a subsidiary.



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CCB report awaited on loss

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