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Analysis

Clock ticking on Ng family’s control of debt-laden China Fishery

Process triggered by appointment of KPMG as provisional liquidators of China Fishery, after HSBC court filing, means acceleration of debt payments could be imminent

By Tom Seaman | Nov. 27, 2015 10:56 GMT
Ng Joo Siang
Joo Siang Ng, of the family that control Pacific Andes International Holdings, Pacific Andes Resources Development and China Fishery Group.
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Time is not on the side of the Ng family, as disgruntled lender HSBC tries to push China Fishery Group into liquidation [...]

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