Mitsui Wharf seeks protection

PUBLISHED : Monday, 08 June, 1998, 12:00am
UPDATED : Monday, 08 June, 1998, 12:00am
 

Japanese harbour-freight firm Mitsui Wharf Co, says its has filed for bankruptcy court protection because that was the only way to avert a takeover.


The company, which owes 20.37 billion yen (about HK$1.13 billion), was granted protection under the corporate restructuring and rehabilitation laws by the Yokohama District Court.


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Mitsui Wharf seeks protection

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