The Russian pollock catchers association (PCA) said it will carefully examine documents from Pacific Andes International Holdings it claims might have exaggerated the company’s influence in Russia.
The PCA suspects information issued by Pacific Andes and its fishing subsidiary China Fishery Group might have inflated the company's actual influence and activities in Russia’s pollock industry in a bid to boost its own market capitalization and make it cheaper to raise new equity.
The PCA will therefore “carefully review the corporate and financial reports of Pacific Andes and China Fishery Group” and take “all necessary measures to protect the bus
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