Pacific Andes International Holdings Limited has confirmed the appointment of provisional liquidators for its subsidiary China Fishery in the Cayman Islands.
Following a hearing on Dec. 8, the Grand Court of the Cayman Islands ordered that Fergal Thomas Power of KPMG Hong Kong, and Kris Beighton and Alexander Lawson of KPMG Cayman Islands, be appointed jointly and severally as provisional liquidators of the company in the Cayman Islands.
China Fishery Group Limited is listed on the Singapore Stock Exchange and a 38 percent non wholly-owned subsidiary of Pacific Andes.
