14-04-2012, 08:32 AM
My understanding is that shareholders obtain the declared dividends from S-chip companies on time, except that in one year, dividend from Changtian Plastic arrived a day later. It would appear that remitting money out of China for dividend payments poses little problems.
Recently, Fung Choi and China Essence took a while to remit money to pay bondholders. Shanghai Asia received the asset sale proceeds two months after the sale had been finalised.
Recently, Fung Choi and China Essence took a while to remit money to pay bondholders. Shanghai Asia received the asset sale proceeds two months after the sale had been finalised.