Nanjing Tanker to borrow RMB9.2bn from banks

Shanghai: Nanjing Tanker, the loss-making subsidiary of Sinotrans & CSC Group, announced that the company plans to borrow RMB9.2bn from banks in 2014.

Nanjing Tanker is expected to suffer a huge loss for the year of 2013 and the company said earlier delisting is unavoidable. [22/01/14]

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