Posts Tagged ‘ scandal ’

Mengniu Predicts CNY900 Million Losses In 2008

Dec 29th, 2008 | By ChinaRetailNews.com Editor | Category: Food & Beverage

China's leading dairy group Mengniu has published a report, stating that according to the unaudited management accounts as of November 30, 2008 and other relevant documents, the group might see a CNY900 million loss in the year 2008.

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China's Sanlu Enters Bankruptcy Process

Dec 26th, 2008 | By ChinaRetailNews.com Editor | Category: Law & Order

The Shijiazhuang-headquartered Chinese dairy group Sanlu has confirmed that the group had handed in a bankruptcy liquidation application to the Intermediate People's Court of Shijiazhuang and all the work was being carried out in accordance with legal procedures.

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