Hong Kong: Titan Petrochemicals has revealed it has applied to get its stock trading once again on the Hong Kong Stock Exchange. Titan sent the application to the exchange on May 5. Following severe financial difficulties its stock was suspended from trading in June 2012.
Despite fixing many of its outstanding financial problems Titan’s biggest headache is an ongoing case it faces in Bermuda brought by KTL Camden. The case is set to resume in July. [02/06/14]