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Copeinca to repay costly loan as trustee raises concerns about ties to Ng family

The $6 million loan to Copeinca, inked shortly before parent company Pacific Andes International Holdings filed for bankruptcy, carries a 29% annual interest

By Jason Smith | July 6, 2018 18:00 BST
Copeinca China Fishery
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Peruvian fishmeal producer Copeinca will soon repay a $6 million line of credit that it took out on the verge of its parent firm's June 30, 2016 bankruptcy filing.  [...]

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