Beingmate faces delisting warning, Fonterra clarifies Anmum distribution
If Beingmate makes a loss this year it will be marked as “ST” (Special Treatment), which is half way towards forced de-listing.
Duncan Bridgeman
Thu, 03 Aug 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Fonterra’s embattled Chinese joint venture partner Beingmate Baby & Child could face delisting from the Shenzhen stock exchange if it reports further financial losses.
Meanwhile, Fonterra is monitoring Beingmate’s asset sale programme but stresses that its Anmum brand distribution agreement with
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Duncan Bridgeman
Thu, 03 Aug 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.