• allan said: hi .. svilena hristova i had cheated by a chinese company in senzhen. i...
• Svilena Hristova said: Hi, i live in China and i will try to help you. Send me email...
• Jhummun S said: I made payment a huge sum for an order on 13/12/2011 by credit card...
• steve said: can i use roaming service in Yangon, Myanmar using this china sin card ?
• norm said: I would like to know that also. Feb. 2006 I aquired shares.
• baove said: Is it just me or does it seem that Vietnamese are strong supporters of...
• Clifford Mensch said: I would like to offer property for sale to investors, 60 acres...
• Clem said: 100,000 employees, 200,000 iphones produced daily. I wonder what kind of...
• Trizt said: I really hope they do pay the workes for all the extra hours they will...
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Panda Stock Once Again Frozen By Court
November 4, 2005 |
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The Beijing No. 2 Secondary People's Court has confirmed that Panda's 2.6 million shares in Nanjing Panda has been frozen because it has failed to pay a bank loan.
The Export-Import Bank of China applied for freezing the stock because it says Panda asked for more than CNY100 million from the bank in April 2001, but it failed to pay the loan back when the contract expired in April this year. The stock will be frozen for a period of one year.
Previously, 60 million shares owned by Panda were frozen by a Jiangsu Province Court for the same reason.
Holding 54.2% of Nanjing Panda's stake, Panda is a controlling shareholder of that company, whose funds were apparently embezzled by its former CEO Ma Zhiping.
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