Greater China

STX Dalian officially enters restructuring process

Dalian: Dalian Intermediate People’s Court made an announcement that financially troubled STX Dalian and six subsidiaries of the company have officially entered restructuring.

In the announcement, the court requested the creditors of STX Dalian to report the debt information before September 26, 2014 and the first creditors’ meeting of STX Dalian is scheduled from October 9 to October 11.

The court said it has appointed Beijing Zhong Lun law firm to be the manager of the restructuring case. [27/06/14]

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