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25-02-2017, 08:44 PM
(This post was last modified: 25-02-2017, 08:50 PM by CY09.
Edit Reason: edits
)
http://infopub.sgx.com/FileOpen/CFT_ADJU...eID=440848
So in the end, the claims demanded by its customers was to the tune of 470mil RMB, which is more than the cash in balance sheet and 7 times China Fibretech's annual revenue.
For two years worth of products delivered to these three customers, it amounted to such a massive damage!!
<another Foreland case Study>
So in the end, the claims demanded by its customers was to the tune of 470mil RMB, which is more than the cash in balance sheet and 7 times China Fibretech's annual revenue.
For two years worth of products delivered to these three customers, it amounted to such a massive damage!!
<another Foreland case Study>