Krispy Kreme creditors to meet, seek HK liquidation
HONG KONG |
HONG KONG Oct 27 (Reuters) - U.S. chain Krispy Kreme Doughnuts Inc's (KKD.N) creditors will meet next month with the aim to appoint liquidators for the firm's Hong Kong operations, financial adviser Briscoe & Wong Ltd said on Monday.
It has seven stores in Hong Kong and five will be closed immediately, Briscoe said in a statement.
"The directors are very disappointed that they have had to take this action," it said. (Reporting by Alison Leung; Editing by Nick Macfie)
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