
2019-08-27 15:08:44
Little-known fintech player eyes struggling JES International's listing status
(Aug 26): JES International Holdings, a once actively traded Chinese shipbuilder, has been under judicial management since February as it struggled with debt. It owes two major creditors $5.1 million and $2.2 million each. It no longer generates any revenue, yet incurred losses of RM313,000 ($103,6...