Beingmate reports $211m loss, directors distance themselves
Concerns raised about possible asset impairments and accounts receivables.
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Fonterra’s Chinese partner Beingmate has recorded a preliminary net loss of RMB964 million ($211 million), down 23.44% on last year, and confirmed the stock has been marked for delisting.
Beingmate also repeated earlier disclosures that three of the company’s directors could not guarantee the
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Duncan Bridgeman
Wed, 28 Feb 2018
Wed, 28 Feb 2018
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Beingmate reports $211m loss, directors distance themselves
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