Financially stricken China Aviation Oil (Singapore) Corporation Ltd (CAO) said it has filed a proposed Scheme of Arrangement with its creditors with the High Court of Singapore today through its lawyers, Rajah & Tann. The principal terms comprise: á A cash injection of up to US$100 million in fresh equity from its parent, China…
SINGAPORE: CAO files proposed scheme of arrangement with High Court
Posted on January 25, 2005 by EnergyAsia