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  • July 10, 2014
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  1. Moulin ran phantom businesses, probe finds

    Posted Jul 09th 2005, 12:00am by Jane Moir

    ... Moulin Global Eyecare Holdings was conducting phantom business on a large scale, with dummy customers, suppliers and sales, according to sources close to an investigation into the company. 'Was there really a profitable business there in the first pl ...

  2. Victor Li clinches Air Canada deal

    Posted Nov 10th 2003, 12:00am by Eric Ng

    ... million (HK$3.77 billion) for a 31 per cent stake in a restructured Air Canada, which owed about C$12 billion in debt and long-term lease commitments when it filed for bankruptcy protection ...

  3. Study proves link between management and profit

    Posted Nov 17th 2003, 12:00am by Staff Reporter

    ... Staff Reporter The traditional view of supply chain management was that it helped reduce a company's costs but had little to do with the revenue side of the business. More recently, with the rise of companies such as Dell Computer and Wal-Mart, it wa ...

  4. MCI pins its recovery on demand from Asia

    Posted May 31st 2004, 12:00am by Staff Reporter

    ... BIEN PEREZ A robust market for telecommunications network services in Asia should help buoy business at MCI, which recently emerged from the biggest corporate bankruptcy in history. Senior ... by a US$11 billion accounting scandal. MCI filed for reorganisation in July 2002 under Chapter 11 of the United States Bankruptcy Code. It officially emerged from bankruptcy last April, with a sound ...

  5. Charm offensive

    Posted Jan 16th 2005, 12:00am by Staff Reporter

    ... been fighting off bankruptcy, secured contracts worth nearly US$2 billion. Jean-Raphael Peytregnet, press liaison at the French embassy in Beijing, says two goals of the cultural exchange ...

  6. Parents and son jailed for role in 4-year bank loan scam

    Posted Mar 06th 2004, 12:00am by Sara Bradford

    ... Sara Bradford Three members of the same family were jailed for a total of 24 years yesterday for their part in a bank loan scam that exposed several banks to a potential total loss of $2.5 billion. Lee Kwok-yun, 69, his wife, Chan Chi-wah, 68, and their s ...

  7. ICEA is short-term bullish on China-based Dawnrays offer

    Posted Jun 30th 2003, 12:00am by Staff Reporter

    ... This is the first IPO managed by the bank since a scandal tarnished its name ICEA Capital is confident about the near-term prospects of Dawnrays Pharmaceutical (Holdings), whose initial public offering (IPO) is the first share offer lead-managed by ICEA a ...

  8. Cargo airlines in dogfight for choice cut of Sino-US accord

    Posted Jul 12th 2004, 12:00am by Russell Barling

    ... Polar, Evergreen International and Arrow Air. Polar's parent firm, Atlas Worldwide Holdings, and Arrow Air are under Chapter 11 bankruptcy protection from their creditors, while Evergreen ...

  9. Police raids net five in Moulin fraud case

    Posted Jul 06th 2005, 12:00am by Jane Moir

    ... Jane Moir Company founder, son and three other people arrested amid suspected $1.6b fraud at the debt-hit spectacles maker Police have arrested five people connected to Moulin Global Eyecare Holdings, including chairman Ma Bo-kee and his chief executive s ...

  10. Mainland consortium loses out on Grundig TV brand

    Posted Feb 07th 2004, 12:00am by Mark O'Neill

    ... business of Grundig for about GBP55 million (HK$783.74 million), said Siegfried Beck, who is overseeing Grundig's bankruptcy proceedings. Several Chinese companies including Haier Group, ... televisions a year. The TCL purchase prompted Delong, Konka, Haier and Chang Hong to approach Grundig. After Grundig filed for bankruptcy in April last year, administrators initially tried to find ...




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