China Mining International's Unit Faces Court-Ordered Asset Seizure

MT Newswires

02/20

China Mining International (SGX:BHD) said its 63.1%-owned subsidiary, Henan Zhongnong Huasheng Agricultural Technology Co.,

has informed the company of a court-ordered seizure of fixed assets belonging to its wholly owned unit, Henan Zhongnong Huasheng Industrial, according to a Wednesday filing on the Singapore Exchange.

The seized assets, valued at more than 15 million yuan, include a sorting workshop, cold storage facilities, and fruit and vegetable sorting lines.

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