Timber firm China Forestry is offering to buy back US$120 million worth of its bonds from investors.Saturday, 16 July, 2011, 12:00am
The company's investors include two international private equity funds and dozens of 'long funds'. A leading investment bank was one of its sponsors. Its auditor is a Big Four accounting firm and its bonds are rated by Moody's.7 May 2011 - 12:00am
China Forestry Holdings says its former chief executive, Li Hanchun, was arrested last week in Guizhou province for allegedly embezzling 30 million yuan (HK$35.5 million).3 Mar 2011 - 12:00am
China Forestry Holdings, a private forest operator, is reviving its listing plan on the Hong Kong stock exchange in a bid to raise as much as HK$1.58 billion to expand plantations.
The company was established in 2003 when Beijing set up a directive for the private sector to participate in forestry development.19 Nov 2009 - 12:00am