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Ntpia Corp receives file for bankruptcy from creditor

Tuesday, 12 Apr 2016 04:35am EDT

Ntpia Corp Co Ltd:Announces that its creditor, Kim Sang Bae has filed for the company's bankruptcy with Suwon District Court on April 1, due to the company's default in dept payment.

Xiake Color Spinning completes reorganization plan

Friday, 6 Nov 2015 07:00pm EST

Xiake Color Spinning Co Ltd:Completed reorganization plan (bankruptcy procedure) according to Wuxi Intermediate People's Court's ruling made on Nov. 2.

Xiake Color Spinning announces stock transfer under reorganization

Thursday, 6 Aug 2015 08:00pm EDT

Xiake Color Spinning Co Ltd:Says top shareholder of the company, a mining investment company, has transfered 1,259,406 shares in the company to administrator account, and the company has transfered 160,761,415 shares from additional paid-in capital to the administrator account, as part of the company's reorganization procedure.Receives civil ruling on Aug. 6 to transfer 43,204,109 shares, 43,000,000 shares and 30,000,000 shares to accounts of three companies.Also to transfer 7,389,792 shares to three persons respectively, as well as 3,941,223 shares, 4,926,528 shares, 5,419,181 shares, 3,941,223 shares and 5,419,181 shares to five other persons.Says a Shanghai-based equity investment company to hold 43,204,109 shares (10.78 pct stake) and become top shareholder, a Shanghai-based investment partnership to hold 43,000,000 shares (10.73 pct stake) and a Beijing-based technology company to hold 30,000,000 shares (7.49 pct stake).Says the mining investment company to hold 19,730,692 shares (4.92 pct stake) down from 8.75 pct stake, and Chen Jianzhong to hold 18,334,370 shares (4.58 pct stake) down from 7.64 pct stake.

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