Greater China

Titan delays releasing financial results again

Hong Kong: Financially struggling Titan Petrochemicals has told the local stock exchange that it will not be able to publish its interims from 2012, nor its full year 2012 results or its interims for this year, as it feels the results could prejudice an ongoing trial brought against the firm in Bermuda. Titan Petrochemicals said it will try to release all the missing financial details before the end of the year. Titan’s shares were suspended in Hong Kong on June 19 last year.  [02/09/13]

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