Court seizes Sainty Marine’s assets

The Wuhan Maritime Court has seized more of Shenzhen-listed Sainty Marine’s assets upon application by the Bank of Jiangsu.
The company’s assets worth CNY120 million (USD19 million) had been frozen by the court, a stock filing of Sainty Marine stated on 27 May.
The Bank of Jiangsu applied for the
Details

Court seizes more Sainty Marine assets

China’s Wuhan Maritime Court has seized more of Shenzhen-listed Sainty Marine’s assets upon application by the Bank of Jiangsu.
The company’s assets worth CNY120 million (USD19 million) had previously been frozen by the court, a stock filing of Sainty Marine stated on 27 May.
The Bank of Jiangsu applied for the
Details