Image of Nan Hai Corporation. Photo: Handout
Image of Nan Hai Corporation. Photo: Handout

Nan Hai says creditors are freezing its assets as it comes up short to meet US$350 million of notes due this weekend

  • The company said it “has not been able to meet part of the financial obligations” for its US$350 million, 2.9 per cent credit-enhanced notes due on June 11
  • That has led to “certain creditors initiating enforcement actions,” according to a statement to the Hong Kong stock exchange

Image of Nan Hai Corporation. Photo: Handout
Image of Nan Hai Corporation. Photo: Handout
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