/raid1/www/Hosts/bankrupt/TCRAP_Public/241203.mbx
T R O U B L E D C O M P A N Y R E P O R T E R
A S I A P A C I F I C
Tuesday, December 3, 2024, Vol. 27, No. 242
Headlines
A U S T R A L I A
DEAN TRAILERS: First Creditors' Meeting Set for Dec. 6
DESCON GROUP: First Creditors' Meeting Set for Dec. 6
I HAUL: Second Creditors' Meeting Set for Dec. 9
RECYCLE & RESOURCE: $375MM Bank Debt Trades at 16% Discount
THAI STEEL: First Creditors' Meeting Set for Dec. 5
TRICOL PTY: First Creditors' Meeting Set for Dec. 6
TUPPERWARE BRANDS: To Close in Australia Amid Bankruptcy
I N D I A
ADAMS MARKETING: ICRA Keeps D Debt Ratings in Not Cooperating
ALLIED ENERGY: ICRA Keeps D Debt Ratings in Not Cooperating
ARG INFRA: CARE Keeps D Debt Rating in Not Cooperating Category
BAJAJ AGRO: CARE Keeps D Debt Rating in Not Cooperating Category
BISUI POULTRY: ICRA Keeps D Debt Ratings in Not Cooperating
BUDS TEA: ICRA Keeps D Debt Ratings in Not Cooperating Category
CHHATRAPATI SAHAKARI: CARE Keeps C Debt Rating in Not Cooperating
CREAMCRUST FOOD: CARE Keeps C Debt Ratings in Not Cooperating
DIVYARATNA AGROTECH: CARE Keeps D Debt Ratings in Not Cooperating
ESKAY SILK: CARE Keeps D Debt Ratings in Not Cooperating Category
GAYATRI SEA: CARE Keeps D Debt Ratings in Not Cooperating Category
GOOD DAY: CARE Keeps D Debt Ratings in Not Cooperating Category
GREENKEM ORGANICS: CARE Lowers Rating on INR7.87cr LT Loan to D
IL&FS GROUP: NCLAT Approves Sale of Unit to Successful Bidder
LEELA KRISHNA: CARE Keeps D Debt Rating in Not Cooperating
MADHAV TEXTILES: CARE Keeps D Debt Ratings in Not Cooperating
METHRA INDUSTRIES: CARE Keeps D Debt Rating in Not Cooperating
PARADISE CONSUMER: CARE Keeps D Debt Ratings in Not Cooperating
PRAGATI COTTON: ICRA Keeps D Debt Ratings in Not Cooperating
PUNJ LLOYD: Auditor Resigns Amid Liquidation Process
RAJKISHORE SINGH: CARE Keeps C Debt Rating in Not Cooperating
RATHI HATCHERIES: CARE Keeps C Debt Rating in Not Cooperating
SANWARIYA PACKAGING: CARE Keeps D Debt Ratings in Not Cooperating
SEGURO-INKEL CONSORTIUM: CARE Keeps D Ratings in Not Cooperating
SREEJA METAL: CARE Keeps D Debt Rating in Not Cooperating Category
SRIYANSH KNITTERS: CARE Keeps C Debt Rating in Not Cooperating
STERLING CAST: CARE Keeps C Debt Rating in Not Cooperating
SUNGRACE SYNTEX: CARE Keeps C Debt Rating in Not Cooperating
VARDAAN LIFESTYLE: CARE Keeps C Debt Rating in Not Cooperating
VENKATESWARA CONSTRUCTIONS: CARE Keeps D Debt Ratings in Not Coop.
WOODHILL INFRASTRUCTURE: ICRA Cuts Rating on INR63cr Loan to D
J A P A N
DMM BITCOIN: Crypto Exchange Operator to Close Business
N E W Z E A L A N D
ARTIFEX FLOORING: Creditors' Proofs of Debt Due on Dec. 23
CBL CORPORATION: FMA Welcomes High Court Decision
CUDA SUPPLY: Court to Hear Wind-Up Petition on Dec. 9
DESIGN & BUILD: BDO Tauranga Appointed as Liquidators
MITRE 10: Sells Property to Help Pay Debt
NOT SOCKS: Online Gift Store to Close Down After 14 Years
RZZ LIMITED: Court to Hear Wind-Up Petition on Dec. 18
SBS TRANSPORT: Creditors' Proofs of Debt Due on Jan. 14
TE ARAWA: Liquidators to Run Maketū Pies as They Seek Buyer
P A K I S T A N
PAKISTAN INT'L: To Resume European Flights as Banned Lifted
S I N G A P O R E
GENERAL ATLANTIC: Creditors' Proofs of Debt Due on Dec. 30
KAMET INVESTMENT: Creditors' Proofs of Debt Due on Dec. 30
METIS PRESCHOOL: Court to Hear Wind-Up Petition on Dec. 13
PROVIDENCE AUTOMOBILE: Court to Hear Wind-Up Petition on Dec. 13
SHREEJEET INTERNATIONAL: Court to Hear Wind-Up Petition on Dec. 13
X X X X X X X X
[*] BOND PRICING: For the Week Nov. 25, 2024 to Nov. 29, 2024
- - - - -
=================
A U S T R A L I A
=================
DEAN TRAILERS: First Creditors' Meeting Set for Dec. 6
------------------------------------------------------
A first meeting of the creditors in the proceedings of Dean
Trailers Australia Pty Ltd will be held on Dec. 6, 2024 at 11:00
a.m. at Suite 5B, 55 Kembla Street in Wollongong and via virtual
meeting technology.
Stephen John Hundy of Worrells was appointed as administrator of
the company on Nov. 26, 2024.
DESCON GROUP: First Creditors' Meeting Set for Dec. 6
-----------------------------------------------------
A first meeting of the creditors in the proceedings of Descon Group
Australia Pty Ltd will be held on Dec. 6, 2024 at 10:00 a.m. at the
offices of SV Partners Brisbane, 22 Market Street in Brisbane and
via virtual meeting technology.
David Michael Stimpson of SV Partners was appointed as
administrators of the company on Nov. 26, 2024.
I HAUL: Second Creditors' Meeting Set for Dec. 9
------------------------------------------------
A second meeting of creditors in the proceedings of I Haul Freight
Pty Ltd has been set for Dec. 9, 2024 at 9:30 a.m. by Zoom and
telephone only.
The purpose of the meeting is (1) to receive the report by the
Administrator about the business, property, affairs and financial
circumstances of the Company; and (2) for the creditors of the
Company to resolve whether the Company will execute a deed of
company arrangement, the administration should end, or the Company
be wound up.
Creditors wishing to attend are advised proofs and proxies should
be submitted to the Administrator by Dec. 6, 2024 at 5:00 p.m.
Nicholas David Cooper and Yulia Petrenko of Oracle Insolvency
Services were appointed as administrators of the company on Nov. 4,
2024.
RECYCLE & RESOURCE: $375MM Bank Debt Trades at 16% Discount
-----------------------------------------------------------
Participations in a syndicated loan under which Recycle & Resource
Operations Pty Ltd is a borrower were trading in the secondary
market around 83.6 cents-on-the-dollar during the week ended
Friday, November 29, 2024, according to Bloomberg's Evaluated
Pricing service data.
The $375 million Term loan facility is scheduled to mature on
August 9, 2028. The amount is fully drawn and outstanding.
Recycle and Resource Operations Pty Limited ("Bingo") is an
Australian recycling and waste management company that provides
end-to-end solutions across the resource management supply chain
including collection, processing and recovery, disposal and waste
equipment manufacturing. Bingo primarily operates in the New South
Wales (NSW) building & demolition (B&D) waste market, which
accounts for the majority of its earnings. The company also
operates in the states of Victoria and Queensland and in commercial
& industrial (C&I) waste. In 2021, Bingo was acquired by Macquarie
Infrastructure and Real Assets and its managed funds for an
enterprise value of AUD2.6 billion. The Company's country of
domicile is Australia.
THAI STEEL: First Creditors' Meeting Set for Dec. 5
---------------------------------------------------
A first meeting of the creditors in the proceedings of Thai Steel
Fabrications Pty Ltd will be held on Dec. 5, 2024 at 10:00 a.m. at
Level 5, 145 Eagle Street in Brisbane.
Nick Keramos of Mcleods Accounting was appointed as administrator
of the company on Nov. 25, 2024.
TRICOL PTY: First Creditors' Meeting Set for Dec. 6
---------------------------------------------------
A first meeting of the creditors in the proceedings of Tricol Pty
Ltd will be held on Dec. 6, 2024 at 11:30 a.m. via virtual meeting
only.
Cameron Gray of DW Advisory was appointed as administrator of the
company on Nov. 26, 2024.
TUPPERWARE BRANDS: To Close in Australia Amid Bankruptcy
--------------------------------------------------------
News.com.au reports that major brand Tupperware will shut down in
Australia after declaring bankruptcy.
Tupperware, known for its colourful, airtight plastic containers
primarily used for food storage, filed for bankruptcy in
September.
News.com.au says Australian staff have now been told that new
owners Party Products will shut down the Australian operations.
News.com.au relates that Tupperware worker Maria told 2GB's Ben
Fordham that they'd been told operations would only continue in
eight countries out of 70.
"We've been told the new owners that have purchased Tupperware
global are not proceeding with Tupperware in Australia," she said.
"They're only keeping eight countries open out of 70 and
unfortunately Australia is not one of them.
"We don't know a final date for Australia yet. We've been told
we'll be paid all our commission and what we're owed, but that's
all we know thus far."
News.com.au adds that Mr. Fordham said more than 10,000 sales
consultants and hundreds of warehouse staff could be out of a job
ahead of Christmas.
About Tupperware Brands
Tupperware Brands Corporation (NYSE: TUP) --
https://www.tupperwarebrands.com/ -- is a global consumer products
company that designs innovative, functional, and environmentally
responsible products. Founded in 1946, Tupperware's signature
container created the modern food storage category that
revolutionized the way the world stores, serves, and prepares food.
Today, this iconic brand has more than 8,500 functional design and
utility patents for solution-oriented kitchen and home products.
The company distributes its products into nearly 70 countries,
primarily through independent representatives around the world.
Tupperware Brands sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Case No. 24-12166) on Sept. 17,
2024. In the bankruptcy petition, Tupperware reported more than
$1.2 billion in total debts and $679.5 million in total assets.
Kirkland & Ellis LLP is serving as legal advisor to Tupperware,
Moelis & Company LLC is serving as the Company's investment banker,
and Alvarez & Marsal is serving as the Company's financial and
restructuring advisor. Epiq is the claims agent and has put up the
page https://dm.epiq11.com/Tupperware
=========
I N D I A
=========
ADAMS MARKETING: ICRA Keeps D Debt Ratings in Not Cooperating
-------------------------------------------------------------
ICRA has kept the Long-Term ratings of Adams Marketing Pvt. Ltd. in
the 'Issuer Not Cooperating' category. The rating is denoted as
"[ICRA]D; ISSUER NOT COOPERATING".
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long-term- 0.83 [ICRA]D; ISSUER NOT COOPERATING;
Fund based Rating Continues to remain under
Term Loan 'Issuer Not Cooperating'
Category
Long-term- 24.50 [ICRA]D; ISSUER NOT COOPERATING;
Fund based Rating Continues to remain under
Cash Credit 'Issuer Not Cooperating'
Category
As part of its process and in accordance with its rating agreement
with Adams Marketing Pvt. Ltd., ICRA has been trying to seek
information from the entity so as to monitor its performance.
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information
Incorporated in 2007, through the merger of two proprietorship
firms - Adams Motors and Adams Electronics - Adams Marketing Pvt.
Ltd. primarily deals in electronic consumer durable goods such as
televisions, washing machines, refrigerators, air conditioners, and
laptops. AMPL is the authorized dealer of reputed consumer durable
players, including Samsung India Pvt. Ltd., Voltas Limited, Sony
India Pvt. Ltd., and Mitsubishi Electric India Pvt. Ltd., among
others. It currently operates through its 12 multi-brand showrooms
across West Bengal. The company also has a central warehouse
located at Benaras Road, Biradingi, West Bengal, for inventory
storage and distribution across all its stores.
ALLIED ENERGY: ICRA Keeps D Debt Ratings in Not Cooperating
-----------------------------------------------------------
ICRA has kept the Long-Term and Short-Term ratings of Allied Energy
Systems Private Limited in the 'Issuer Not Cooperating' category.
The rating is denoted as "[ICRA]D/[ICRA]D: ISSUER NOT
COOPERATING".
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long-term- 8.00 [ICRA]D; ISSUER NOT COOPERATING;
Fund based Rating Continues to remain under
Cash Credit 'Issuer Not Cooperating'
Category
Long Term- 16.50 [ICRA]D; ISSUER NOT COOPERATING;
Unallocated Rating Continues to remain under
'Issuer Not Cooperating'
Category
Short-term 9.50 [ICRA]D; ISSUER NOT COOPERATING;
Non-fund based Rating continues to remain under
Others 'Issuer Not Cooperating'
Category
As part of its process and in accordance with its rating agreement
with Allied Energy Systems Private Limited, ICRA has been trying to
seek information from the entity so as to monitor its performance.
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's
management has remained non-cooperative. In the absence of
requisite information and in line with the aforesaid policy of
ICRA, the rating has been continued to the "Issuer Not Cooperating"
category. The rating is based on the best available Information.
Incorporated in 2005, Allied Energy Systems Private Limited is
primarily engaged in designing fabrication and erection of
Deaerators for boilers which are used in industries like Chemicals,
Power, Petrochem, Fertilizer, Sugar, Paper etc. The company is also
engaged in manufacturing of steel fabricated products like Pressure
Vessels, Heat Exchangers, and Evaporators etc. The company has two
manufacturing facilities in Bhiwadi, Rajasthan with a total annual
capacity of 75,000MT.
ARG INFRA: CARE Keeps D Debt Rating in Not Cooperating Category
---------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of ARG Infra
Developers Private Limited (AIDPL) continues to remain in the
'Issuer Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 18.00 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated November 24,
2023, placed the rating(s) of AIDPL under the 'issuer
non-cooperating' category as AIDPL had failed to provide
information for monitoring of the rating as agreed to in its Rating
Agreement. AIDPL continues to be non-cooperative despite repeated
requests for submission of information through e-mails dated
October 9, 2024, October 19, 2024 and October 29, 2024 among
others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
ARG Infra Developers Private Limited (AIDPL) was incorporated in
2008 with an objective to execute residential projects and is a
part of Jaipur based 'ARG' group.
BAJAJ AGRO: CARE Keeps D Debt Rating in Not Cooperating Category
----------------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of Bajaj Agro
Industries (BAI) continue to remain in the 'Issuer Not Cooperating'
category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 7.71 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated October 19,
2023, placed the rating(s) of BAI under the 'issuer
non-cooperating' category as BAI had failed to provide information
for monitoring of the rating as agreed to in its Rating Agreement.
BAI continues to be non-cooperative despite repeated requests for
submission of information through e-mails dated September 3, 2024,
September 13, 2024, September 23, 2024 among others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Bajaj Agro Industries (BAI) was established as a proprietorship
firm in 2011 by Mr. Naresh Bajaj for setting up a rice milling
unit. The firm has been engaged in rice milling activities at its
plant located at Dhamtari, Chhattisgarh. The firm has started
commercial operations from December, 2011 onwards. Mr. Naresh Bajaj
has around 21 years of experience in rice milling industry and he
looks after the day to day operations of the firm. He is supported
by a team of experienced professionals.
Status of non-cooperation with previous CRA: CRISIL has continued
the rating assigned to the bank facilities of BAI into ISSUER NOT
COOPERATING category vide press release dated August 7, 2024 on
account of its inability to carry out a review in the absence of
requisite information from the firm.
BISUI POULTRY: ICRA Keeps D Debt Ratings in Not Cooperating
-----------------------------------------------------------
ICRA has kept the Long-term ratings of Bisui Poultry Private
Limited (BPPL) in the 'Issuer Not Cooperating' category. The rating
is denoted as "[ICRA]D; ISSUER NOT COOPERATING".
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long-term- 0.59 [ICRA]D; ISSUER NOT COOPERATING;
Fund based Rating Continues to remain under
Cash Credit 'Issuer Not Cooperating'
Category
Long-term- 4.16 [ICRA]D; ISSUER NOT COOPERATING;
Fund based Rating Continues to remain under
Term Loan 'Issuer Not Cooperating'
Category
Long Term- 5.11 [ICRA]D; ISSUER NOT COOPERATING;
Unallocated Rating Continues to remain under
'Issuer Not Cooperating'
Category
As part of its process and in accordance with its rating agreement
with BPPL, ICRA has been trying to seek information from the entity
so as to monitor its performance. Further, ICRA has been sending
repeated reminders to the entity for payment of surveillance fee
that became due. Despite multiple requests by ICRA, the entity's
management has remained non-cooperative. In the absence of
requisite information and in line with the aforesaid policy of
ICRA, the rating has been continued to the "Issuer Not Cooperating"
category. The rating is based on the best available information.
Incorporated in 2012, BPPL is engaged in the business of commercial
layer poultry farming and is involved in sale of table eggs. The
poultry farm has a total capacity of 70,000-layer birds with
facilities located at Bankura, West Bengal. BPPL is also setting up
another unit in the same premise, wherein the company plans to
operate poultry farm with a total capacity of 80,000 layer birds.
BUDS TEA: ICRA Keeps D Debt Ratings in Not Cooperating Category
---------------------------------------------------------------
ICRA has kept the Long-Term ratings of Buds Tea Industries Limited
in the 'Issuer Not Cooperating' category. The rating is denoted as
"[ICRA]D; ISSUER NOT COOPERATING".
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long-term- 14.00 [ICRA]D; ISSUER NOT COOPERATING;
Fund based Rating Continues to remain under
Term Loan 'Issuer Not Cooperating'
Category
Long-term- 12.75 [ICRA]D; ISSUER NOT COOPERATING;
Fund based Rating Continues to remain under
Cash Credit 'Issuer Not Cooperating'
Category
Long-term 0.50 [ICRA]D; ISSUER NOT COOPERATING;
Non-fund based Rating continues to remain under
Others 'Issuer Not Cooperating'
Category
As part of its process and in accordance with its rating agreement
with Buds Tea Industries Limited, ICRA has been trying to seek
information from the entity so as to monitor its performance.
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's management has
remained non-cooperative. In the absence of requisite information
and in line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.
Buds Tea Industries Limited was established in the year 2006 and is
engaged in manufacturing CTC variety of tea. The plant is located
near Jalpaiguri, West Bengal.
CHHATRAPATI SAHAKARI: CARE Keeps C Debt Rating in Not Cooperating
-----------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Managing
Committee of Shree Chhatrapati Sahakari Sakhar Karkhana Limited
(SCSSKL) continues to remain in the 'Issuer Not Cooperating'
category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 45.00 CARE C; Stable; ISSUER NOT
Facilities COOPERATING; Rating continues
to remain under ISSUER NOT
COOPERATING category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated October 12,
2023, placed the rating(s) of SCSSKL under the 'issuer
non-cooperating' category as SCSSKL had failed to provide
information for monitoring of the rating as agreed to in its Rating
Agreement. SCSSKL continues to be non-cooperative despite repeated
requests for submission of information through e-mails dated August
27, 2024, September 6, 2024 and September 16, 2024 among others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Outlook: Stable
Shree Chhatrapati Sahakari Sakhar Karkhana Limited (SCSSKL) was
incorporated by on April ,1955 as a cooperative society. SCSSKL is
currently promoted by Mr. Amarsingh Rajendrakumar Gholap as a
chairman and is engaged in manufacturing of sugar & and
co-generation of power. The company located near Bhavinagar Taluka
Indapur in Pune Region.
CREAMCRUST FOOD: CARE Keeps C Debt Ratings in Not Cooperating
-------------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of Creamcrust
Food Products Company (CFPC) continue to remain in the 'Issuer Not
Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 5.00 CARE C; Stable; ISSUER NOT
Facilities COOPERATING; Rating continues
to remain under ISSUER NOT
COOPERATING category
Long Term/ 1.00 CARE C; Stable/CARE A4; ISSUER
Short Term NOT COOPERATING; Rating
Bank Facilities continues to remain under
ISSUER NOT COOPERATING category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated October 10,
2023, placed the rating(s) of CFPC under the 'issuer
non-cooperating' category as CFPC had failed to provide information
for monitoring of the rating as agreed to in its Rating Agreement.
CFPC continues to be non-cooperative despite repeated requests for
submission of information through e-mails dated August 25, 2024,
September 4, 2024, September 14, 2024 among others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Outlook: Stable
Patan-based (Gujarat), CFPC was established in 2015 by Mr.
Ismailbhai Dauwa, Mr. Akbarali Dauwa, Mr. Muktarhusen Dauwa and Mr.
Zakirhussain Dauwa. CFPC was established to manufacture premium
quality ice-creams and it will sell ice-creams under the brand name
'Cream Crust'. Initially, it commenced operations from small
manufacturing unit in Ahmedabad (Gujarat) from January 2016. The
facility is located at Siddhpur in Patan district of Gujarat with
installed capacity of 36 lac liters ice-cream per annum.
DIVYARATNA AGROTECH: CARE Keeps D Debt Ratings in Not Cooperating
-----------------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of Divyaratna
Agrotech Private Limited (DAPL) continue to remain in the 'Issuer
Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 4.00 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Short Term Bank 29.50 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated November 23,
2023, placed the rating(s) of DAPL under the 'issuer
non-cooperating' category as DAPL had failed to provide information
for monitoring of the rating as agreed to in its Rating Agreement.
DAPL continues to be non-cooperative despite repeated requests for
submission of information through e-mails dated October 8, 2024,
October 18, 2024 and October 28, 2024 among others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Divyaratna Agrotech Private Limited (DAPL), incorporated in the
year 2000 was taken over in 2007 by Mr. Dilip Jindal and Mrs.
Rachana Jindal, directors of Desmo Exports Limited. DAPL is engaged
in the business of trading of industrial chemicals and solvents.
The warehouse of the company is located in Bhiwandi, Maharashtra.
ESKAY SILK: CARE Keeps D Debt Ratings in Not Cooperating Category
-----------------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of Eskay Silk
Industries Private Limited (ESIPL) continue to remain in the
'Issuer Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 16.19 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Short Term Bank 2.50 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated November 24,
2023, placed the rating(s) of ESIPL under the 'issuer
non-cooperating' category as ESIPL had failed to provide
information for monitoring of the rating as agreed to in its Rating
Agreement. ESIPL continues to be non-cooperative despite repeated
requests for submission of information through e-mails dated
October 9, 2024, October 19, 2024 and October 29, 2024 among
others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Eskay Silk Industries Private Limited (ESIPL) was promoted by Shri
Motilal Jain and Shri Suresh Kumar Jain in 1984 and later taken
over by Agarwal family in 1991. ESIPL was earlier primarily engaged
in trading of high-quality textile fabrics has now ventured into
fabric manufacturing from FY12. The capacity of ESIPL stood at
36.72 lakh pieces per annum as on March 31, 2015.
GAYATRI SEA: CARE Keeps D Debt Ratings in Not Cooperating Category
------------------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of Gayatri
Sea Foods and Feeds Private Limited (GSFFPL) continue to remain in
the 'Issuer Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 18.50 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Short Term Bank 6.50 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated October 16,
2023, placed the rating(s) of GSFFPL under the 'issuer
non-cooperating' category as GSFFPL had failed to provide
information for monitoring of the rating as agreed to in its Rating
Agreement. GSFFPL continues to be non-cooperative despite repeated
requests for submission of information through e-mails dated August
31, 2024, September 10, 2024, September 20, 2024 among others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Gayatri Sea Foods & Feeds Private Limited (GSFFPL) was incorporated
on January 16, 2008 and has been promoted by Mr. Nerella Venkata
Mohan Rao based at Akiveedu, West Godavari district. The company is
engaged in trading of aqua feed and other aqua culture related
products. It is a dealer of Vietnam based company; Uni-President
Vietnam Co. Limited, for their aqua feed products in India. The
company supplies the feeds and other aquaculture products through a
sub-dealer network spread across West Godavari district as well as
directly to cultivators.
GOOD DAY: CARE Keeps D Debt Ratings in Not Cooperating Category
---------------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of Good Day
Foods Private Limited (GDFPL) continue to remain in the 'Issuer Not
Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 13.26 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Short Term Bank 0.03 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated November 23,
2023, placed the rating(s) of GDFPL under the 'issuer
non-cooperating' category as GDFPL had failed to provide
information for monitoring of the rating as agreed to in its Rating
Agreement. GDFPL continues to be non-cooperative despite repeated
requests for submission of information through e-mails dated
October 8, 2024, October 18, 2024 and October 28, 2024 among
others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Incorporated in 2003, Good Day Foods Private Limited (GDFPL) is
engaged in the processing of milk and manufacturing of dairy
products (including paneer, sweets, mawa, curd, ghee, chhas, lassi,
dry mithai, shrikhand, kulfi, frozen desert, whey powder jar milk
and cream) for reputed customers in domestic and international
market. The company has a manufacturing facility located in Thane,
Mumbai.
GREENKEM ORGANICS: CARE Lowers Rating on INR7.87cr LT Loan to D
---------------------------------------------------------------
CARE Ratings has revised the ratings on certain bank facilities of
Greenkem Organics Private Limited (GOPL), as:
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term 7.87 CARE D Rating removed from
Bank Facilities ISSUER NOT COOPERATING;
category and Downgraded from
CARE B; Stable
Long Term/ 5.95 CARE D/CARE D Rating removed
Short Term from ISSUER NOT COOPERATING
Bank Facilities category and Downgraded from
CARE B; Stable/CARE A4
Rationale and key rating drivers
The revision in the ratings assigned to the facilities of GOPL,
take into account instances of the delays in servicing principal
and interest obligations on account of poor liquidity position.
Rating sensitivities: Factors likely to lead to rating actions
Positive factors
* Establishing a delay free track record in debt servicing for at
least 90 days
Analytical approach: Standalone
Detailed description of key rating drivers:
Key weaknesses
* On-going delays in debt servicing: As per the information
received from the company (bank statements) and interaction with
lender, there are on-going delays in the debt servicing in the term
loan (principal as well as interest).
Liquidity: Poor
Liquidity remained poor marked by on-going delays in repayment of
term debt obligation (both principal and interest). Also, GOPL
reported cash losses as against scheduled debt repayment obligation
of around 3.53 crore (including repayment obligation of GECL loan)
in FY24. It has low cash and bank balance of INR0.03 crore as on
March 31, 2024, and almost full fund-based working capital limit
utilization with some instances of overdraws for past 6 months
ended September 2024.
Ahmedabad (Gujarat) based Greenkem Organics Private Limited (GOPL)
was incorporated in 2016 by Mr. Hanamant Bennur, Mr. Mahesh Ramani,
Mr. Ashokkumar Pati and Mr. Smit Patel. GOPL has recently commenced
commercial operations from September 2020 for manufacturing of Agro
Chemical Products (Herbicides, Fungicides, Insecticides and plant
growth regulators) with an installed capacity of 200 tonnes per
month as on March 31, 2024.
IL&FS GROUP: NCLAT Approves Sale of Unit to Successful Bidder
-------------------------------------------------------------
Business Standard reports that the National Company Law Appellate
Tribunal (NCLAT) has given a go-ahead to debt-ridden IL&FS group
for the sale of its subsidiary IL&FS Paradip Refinery Water Ltd
(IPRWL) to a successful bidder.
According to reports, this may enable IL&FS to repay a debt of
around INR1,000 crore, the Business Standard relays.
IPRWL was set up to meet water requirement of the 15 MTPA Paradip
Refinery Project developed by IOC in Odisha.
IL&FS, which is paring its debt through asset resolution, has not
received consent from IOCL for sale of its stake in IPRWL.
According to the Business Standard, IL&FS had approached the NCLAT,
which is supervising the process, to direct IOCL to either acquire
100 per cent shareholding in IPRWL at a fair valuation or grant its
consent as per the terms of the BOOT agreement and the RFP so as to
enable IL&FS to sell it.
However, IOCL through its counsel submitted that the BOOT (Build,
Own, Operate, and Transfer) agreement with IL&FS was till 2039 and
it cannot be disinvested before the said period.
Rejecting this, NCLAT said: "IOCL having not given consent for 100
per cent of the acquisition of the shareholding, we are of the view
that ILF&S has to be permitted to proceed to give it to the
successful bidder as per the process contemplated under the
resolution framework."
However, NCLAT in its order also made it clear that the successful
entity should be one who is eligible as per the terms of the BOOT
agreement and has relevant technical know-how to carry on the
project, the Business Standard relays.
"We thus accept the prayer of the appellant to proceed for giving
it to the successful bidder as per the terms of the BOOT agreement
and the RFP as per the process contemplated under the resolution
framework to its eligible entity," said NCLAT in its order dated
November 22.
IL&FS group has paid INR38,082 crore to its creditors as of
September 30, 2024, the Business Standard discloses citing the
latest status report affidavit filed by the debt-ridden firm before
NCLAT.
IL&FS Group, as of October 2018, had availed fund-based debt of
INR94,215 crore out of the total external debt outstanding of
INR99,355 crore.
Earlier this month, NCLAT has directed the IL&FS group to complete
the resolution of the remaining 58 firms by March 31, 2025, and
extended the moratorium by then, the Business Standard notes.
At that time of crisis, IL&FS had a total of 302 entities, of which
169 were domestic and the rest 133 were offshore.
About IL&FS
Infrastructure Leasing & Financial Services Limited (IL&FS) --
https://www.ilfsindia.com/ -- was a non-banking finance company
that provided credit and other services such as debt syndication
and corporate advisory.
The Indian government, in October 2018, stepped in to take control
of crisis-ridden IL&FS by moving the National Company Law Tribunal
(NCLT) to supersede and reconstitute the board of the firm which
has defaulted on a series of its debt payments, according to Indian
Express. This was said to be an attempt to restore the confidence
of financial markets in the credibility and solvency of the
infrastructure financing and development group.
LEELA KRISHNA: CARE Keeps D Debt Rating in Not Cooperating
----------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Leela
Krishna Dairy Private Limited (LKDPL) continues to remain in the
'Issuer Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 8.00 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated October 10,
2023, placed the rating(s) of LKDPL under the 'issuer
non-cooperating' category as LKDPL had failed to provide
information for monitoring of the rating as agreed to in its Rating
Agreement. LKDPL continues to be non-cooperative despite repeated
requests for submission of information through e-mails dated August
25, 2024, September 4, 2024, September 14, 2024 among others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Andhra Pradesh based, Leela Krishna Dairy Private Limited (LKDPL)
was incorporated in 2013. LKDPL is promoted by Mr. K Buchi Babu and
Ms. K Leela Naga Ratnam (Spouse of Mr. K Buchi Babu). The company
is engaged in the processing and selling of milk and it's by
products such as, Curd, Butter Milk, Ghee, Curd, Lassi etc. The
company purchases milk from local farmers and traders located in
Andhra Pradesh circle. The company sells its final products to the
customers located in Andhra Pradesh. The company has an installed
capacity for processing of milk is 2000 liters per day.
MADHAV TEXTILES: CARE Keeps D Debt Ratings in Not Cooperating
-------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Madhav
Textiles (MT) continues to remain in the 'Issuer Not Cooperating'
category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term/ 7.00 CARE D/CARE D; ISSUER NOT
Short Term COOPERATING; Rating continues
Bank Facilities to remain under ISSUER NOT
COOPERATING category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated October 10,
2023, placed the rating(s) of MT under the 'issuer non-cooperating'
category as MT had failed to provide information for monitoring of
the rating as agreed to in its Rating Agreement. MT continues to be
non-cooperative despite repeated requests for submission of
information through e-mails dated August 25, 2024, September 4,
2024, September 14, 2024 among others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Surat (Gujarat) based MT was established in 2010 as a
proprietorship firm by Mr. Akhilesh Maheswari. MT is into the
business of trading of yarn (Viscose and Mono Filament) and
finished fabrics. MT is also doing job work of finished fabric
however proportion of the same is very small. MT imports its
material i.e. viscose yarn and mono filament yarn from China and
Korea and purchases finished fabric from the local market. These
materials are then being supplied to local weavers (in case of
yarn) and manufacturer of sarees and readymade garments (in case of
finished fabric).
METHRA INDUSTRIES: CARE Keeps D Debt Rating in Not Cooperating
--------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Methra
Industries India Private Limited (MIIPL) continues to remain in the
'Issuer Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 2.64 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated October 18,
2023, placed the rating(s) of MIIPL under the 'issuer
non-cooperating' category as MIIPL had failed to provide
information for monitoring of the rating as agreed to in its Rating
Agreement. MIIPL continues to be non-cooperative despite repeated
requests for submission of information through e-mails dated
September 2, 2024, September 12, 2024, September 22, 2024 among
others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Methra Industries India Private Limited (MIIPL) was established on
April 12, 2010 by Mr. P.Venkatesan and Mrs. Saraswathy Venkatesan
with the objective of manufacture of concrete blocks (Autoclaved
Aerated Blocks) which are eco-friendly under the brand name "CELL O
CON" using the German technology. In addition to the manufacture of
AAC blocks, MIIPL also trades the gypsum material which is used in
plastering of building.
PARADISE CONSUMER: CARE Keeps D Debt Ratings in Not Cooperating
---------------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of Paradise
Consumer Products Limited (PCPL) continue to remain in the 'Issuer
Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 8.10 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Long Term/ 2.00 CARE D/CARE D; ISSUER NOT
Short Term COOPERATING; Rating continues
Bank Facilities to remain under ISSUER NOT
COOPERATING category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated November 24,
2023, placed the rating(s) of PCPL under the 'issuer
non-cooperating' category as PCPL had failed to provide information
for monitoring of the rating as agreed to in its Rating Agreement.
PCPL continues to be non-cooperative despite repeated requests for
submission of information through e-mails dated October 9, 2024,
October 19, 2024 and October 29, 2024 among others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Incorporated in 1988 by Mr. Randhirsingh Patil, Paradise Consumer
Products Limited (PCPL) (formerly Paradise Polymers Limited) is
engaged in manufacturing of various flexible packaging material,
viz., PVC lamination, PVC confectionery films, PVC cling films and
reprocessed rim, finding application in packaging vegetables,
fruits, various food stuffs, frozen products, candies, sweets &
confectioneries, etc. The manufacturing facility of the company is
located at MIDC in Jalgaon, Maharashtra.
PRAGATI COTTON: ICRA Keeps D Debt Ratings in Not Cooperating
------------------------------------------------------------
ICRA has kept the Long-Term ratings for the Bank Facility of
Pragati Cotton Industries in the 'Issuer Not Cooperating' category.
The ratings are denoted as "[ICRA]D; ISSUER NOT COOPERATING".
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long-term- 5.00 [ICRA]D; ISSUER NOT COOPERATING;
Fund based Rating Continues to remain under
Cash Credit 'Issuer Not Cooperating'
Category
Long-term- 1.55 [ICRA]D; ISSUER NOT COOPERATING;
Fund based Rating Continues to remain under
Term Loan 'Issuer Not Cooperating'
Category
As part of its process and in accordance with its rating agreement
with Pragati Cotton Industries, ICRA has been trying to seek
information from the entity so as to monitor its performance.
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's management has remained
non-cooperative. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.
Established in 2011, Pragati Cotton Industries, as partnership
firm, is engaged in the business of ginning and pressing raw cotton
and crushing of cottonseeds. The manufacturing facility of the firm
is located at Hirapar, Gujarat. The entire plant is equipped with
24 ginning machines, 1 pressing machine and 4 expellers. The
installed capacity of the plant is 220 cotton bales and 2.5 MT of
cottonseeds oil per day (24 hours operation). The commercial
operation of the firm has commenced from November 2013. Apart from
this the firm is also involved in trading activity in case of off
season as well as depending upon the demand situation which can be
depicted from increase in trading activity in last fiscal (FY15).
PUNJ LLOYD: Auditor Resigns Amid Liquidation Process
----------------------------------------------------
Kumar Aditya at ETLegalWorld reports that Punj Llyod's Statutory
Auditor, BGJC & Associates LLP have tendered their resignation from
the position of the Statutory Auditors of the Company, according to
an exchange filing.
ETLegalWorld relates that BGJC & Associates claimed indirect
receipt of branch financial statements, outdated financial
statements, lack of responses to group audit instructions, unsigned
and unstamped financial statements, and inconsistencies in provided
financial information to be the reason for their resignation.
"In light of the circumstances described hereinabove, we are unable
to place reliance on the financial information at the branch level,
as well as that of the unincorporated joint venture," BGJC &
Associates stated in its resignation letter to Punj Lloyd's
liquidator, Ashwini Mehra.
ETLegalWorld notes that the National Company Law Tribunal,
Principal Bench New Delhi, passed an order dated May 27, 2022,
ordering Liquidation of the Punj Lloyd Ltd. as going concern, with
further directions.
This was after the CoC rejected lone Resolution Plan placed by the
Resolution Professional.
Ashwini Mehra is currently conducting the liquidation process of
the Company in accordance with the provisions of the Insolvency and
Bankruptcy Code, 2016 (as amended) read with IBBI (Liquidation
Process) Regulation, 2016.
About Punj Lloyd
Punj Lloyd Ltd (PLL), promoted by Mr. Atul Punj in 1988, was an
engineering & construction company in India, providing integrated
design, engineering, procurement, construction (EPC) and project
management services for oil & gas, process industry and
infrastructure sector projects. PLL has various subsidiaries
operating in multiple geographies and engaged in EPC in the field
of oil and gas and infrastructure sector.
In March 2019, the Principal Bench of the National Company Law
Tribunal (NCLT) had admitted an insolvency plea against the company
filed by ICICI Bank.
In June 2022, the dedicated bankruptcy court admitted Punj Lloyd
for liquidation after its lenders rejected the revival plan
submitted by a consortium of Prudent ARC and Payard Investments.
RAJKISHORE SINGH: CARE Keeps C Debt Rating in Not Cooperating
-------------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of Rajkishore
Singh (RS) continue to remain in the 'Issuer Not Cooperating'
category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 1.00 CARE C; Stable; ISSUER NOT
Facilities COOPERATING; Rating continues
to remain under ISSUER NOT
COOPERATING category
Short Term Bank 2.00 CARE A4; ISSUER NOT
Facilities COOPERATING; Rating continues
to remain under ISSUER NOT
COOPERATING category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated October 27,
2023, placed the rating(s) of RS under the 'issuer non-cooperating'
category as RS had failed to provide information for monitoring of
the rating as agreed to in its Rating Agreement. RS continues to be
non-cooperative despite repeated requests for submission of
information through e-mails dated September 11, 2024, September 21,
2024, October 1, 2024 among others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Outlook: Stable
M/s Rajkishor Singh (RS) was established in 1999 as a
proprietorship entity by one Mr. Rajkishor Singh of Bihar. The
entity is registered as Class-A contractor with the Government of
Bihar. RS participates in the tender process of various government
department of Bihar for their civil construction projects like
road, building construction and related ancillary works. Mr.
Rajkishor Singh looks after the day to day operations of the
entity.
RATHI HATCHERIES: CARE Keeps C Debt Rating in Not Cooperating
-------------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of Rathi
Hatcheries Private Limited (RHPL) continue to remain in the 'Issuer
Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 9.14 CARE C; Stable; ISSUER NOT
Facilities COOPERATING; Rating continues
to remain under ISSUER NOT
COOPERATING category
Short Term Bank 1.60 CARE A4; ISSUER NOT
Facilities COOPERATING; Rating continues
to remain under ISSUER NOT
COOPERATING category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated November 3,
2023, placed the rating(s) of RHPL under the 'issuer
non-cooperating' category as RHPL had failed to provide information
for monitoring of the rating as agreed to in its Rating Agreement.
RHPL continues to be non-cooperative despite repeated requests for
submission of information through e-mails dated September 18, 2024,
September 28, 2024 and October 8, 2024 among others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Outlook: Stable
Rathi Hatcheries Private Limited was incorporated in June, 2002 and
is currently being managed by Mr. Ramesh Kumar, Mr. Krishan Kumar
and Mr. Vinod Kumar collectively. RHPL is engaged in poultry
farming business at its poultry farm located in Jind, Haryana.
Status of non-cooperation with previous CRA: Brickwork has
continued the rating assigned to the bank facilities of RHPL into
Issuer Not Cooperating category vide press release dated October
21, 2024 on account of its inability to carry out a review in the
absence of requisite information. CRISIL has continued the rating
assigned to the bank facilities of RHPL into Issuer Not Cooperating
category vide press release dated January 22, 2024 on account of
its inability to carry out a review in the absence of requisite
information.
SANWARIYA PACKAGING: CARE Keeps D Debt Ratings in Not Cooperating
-----------------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of Sanwariya
Packaging Private Limited (SPPL) continue to remain in the 'Issuer
Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 1.96 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Long Term/ 4.00 CARE D/CARE D; ISSUER NOT
Short Term COOPERATING; Rating continues
Bank Facilities to remain under ISSUER NOT
COOPERATING category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated October 3,
2023, placed the rating(s) of SPPL under the 'issuer
non-cooperating' category as SPPL had failed to provide information
for monitoring of the rating as agreed to in its Rating Agreement.
SPPL continues to be non-cooperative despite repeated requests for
submission of information through e-mails dated August 18, 2024,
August 28, 2024, September 7, 2024 among others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Indore- based (Madhya Pradesh), SPPL was incorporated during
September 2010 by Mr. Mukul Wadhwani and Mr. Jay Wadhwani. SPPL is
engaged into manufacturing of high-quality pharma aluminum foil,
blister foil and corrugated boxes. SPPL is Drug Master File (US
FDA) approved, which is regarded as apex among applicable
regulatory approvals across the Pharmaceuticals industry. Foils
manufactured by SPPL are used as a packaging material for medicines
manufactured by the pharmaceutical companies while corrugated boxes
are used for packaging these foils.
Status of non-cooperation with previous CRA: Brickwork has
continued the ratings assigned to the bank facilities of SPPL to
'Issuer Not Cooperating' category vide press release dated October
04, 2024 on account of its inability to carry out a review in the
absence of the requisite information from the company.
SEGURO-INKEL CONSORTIUM: CARE Keeps D Ratings in Not Cooperating
----------------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of
SegurO-Inkel Consortium Llp (SCL) continue to remain in the 'Issuer
Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 19.00 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Short Term Bank 6.00 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated October 20,
2023, placed the rating(s) of SCL under the 'issuer
non-cooperating' category as SCL had failed to provide information
for monitoring of the rating as agreed to in its Rating Agreement.
SCL continues to be non-cooperative despite repeated requests for
submission of information through emails dated September 4, 2024,
September 14, 2024, September 24, 2024 among others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Seguro-Inkel Consortium LLP (SCL), incorporated in 2014, as a
limited liability partnership between Inkel Limited (Inkel) and
Seguro Foundations and Structures Private Limited with 55% of the
shares held by SFPL and rest by Inkel as on March 31, 2020. SICL
was incorporated for the purpose of undertaking the construction of
Bridge Projects.
SREEJA METAL: CARE Keeps D Debt Rating in Not Cooperating Category
------------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Sreeja
Metal Sand LLP (SMSL) continues to remain in the 'Issuer Not
Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 9.60 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated October 27,
2023, placed the rating(s) of SMSL under the 'issuer
non-cooperating' category as SMSL had failed to provide information
for monitoring of the rating as agreed to in its Rating Agreement.
SMSL continues to be non-cooperative despite repeated requests for
submission of information through emails dated September 11, 2024,
September 21, 2024, October 1, 2024 among others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Sreeja Metal Sand LLP (SMSL), was established on December 25, 2014
as a Limited Liability Partnership firm by Mr.Venkataramana Babu
Pilla along with his family members. On, 6th August, 2015 the firm
was reconstituted when Smt. Polimera Venkata Lakshmi retired. The
firm has proposed to set-up a manufacturing unit of Metal Sand (M
Sand).
SRIYANSH KNITTERS: CARE Keeps C Debt Rating in Not Cooperating
--------------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of Sriyansh
Knitters (SK) continue to remain in the 'Issuer Not Cooperating'
category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 11.50 CARE C; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Short Term Bank 1.50 CARE A4; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated November 24,
2023, placed the rating(s) of SK under the 'issuer non-cooperating'
category as SK had failed to provide information for monitoring of
the rating as agreed to in its Rating Agreement. SK continues to be
non-cooperative despite repeated requests for submission of
information through e-mails dated October 9, 2024, October 19, 2024
and October 29, 2024 among others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Sriyansh Knitters is a partnership firm established in 1967 and
managed by Mr. Dinesh Kumar and his four family members with
partners having equal profit-sharing ratio. The firm is engaged in
trading of textile products and also manufacturing of readymade
garments. The firm has a manufacturing unit in Ludhiana, Punjab
Status of non-cooperation with previous CRA: CRISIL has continued
the rating assigned to the bank facilities of SK into Issuer Not
Cooperating category vide press release dated November 25, 2024 on
account of its inability to carry out a review in the absence of
requisite information.
STERLING CAST: CARE Keeps C Debt Rating in Not Cooperating
----------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of Sterling
Cast and Forge (SCF) continue to remain in the 'Issuer Not
Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 3.35 CARE C; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Short Term Bank 2.00 CARE A4; ISSUER NOT
Facilities COOPERATING; Rating continues
to remain under ISSUER NOT
COOPERATING category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated November 27,
2023, placed the rating(s) of SCF under the 'issuer
non-cooperating' category as SCF had failed to provide information
for monitoring of the rating as agreed to in its Rating Agreement.
SCF continues to be non-cooperative despite repeated requests for
submission of information through emails dated October 12, 2024,
October 22, 2024 and November 1, 2024 among others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Sterling Cast and Forge (SCF) was established in April, 2010 as a
partnership firm with Mr. Subash Chander and Mrs. Anjana Shoor as
its partners sharing profits and losses equally. The firm is
engaged in manufacturing of hand tools such as spanners, hammers,
pliers, wrenches etc at its manufacturing facility located in
Jalandhar, Punjab.
Status of non-cooperation with previous CRA: CRISIL has continued
the ratings assigned to the bank facilities of SCF into 'Issuer
not-cooperating' category vide press release dated May 28, 2024 on
account of non-availability of requisite information from the
company.
SUNGRACE SYNTEX: CARE Keeps C Debt Rating in Not Cooperating
------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Sungrace
Syntex Private Limited (SSPL) continues to remain in the 'Issuer
Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 7.59 CARE C; Stable; ISSUER NOT
Facilities COOPERATING; Rating continues
to remain under ISSUER NOT
COOPERATING category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated November 10,
2023, placed the rating(s) of SSPL under the 'issuer
non-cooperating' category as SSPL had failed to provide information
for monitoring of the rating as agreed to in its Rating Agreement.
SSPL continues to be non-cooperative despite repeated requests for
submission of information through e-mails dated September 25, 2024,
October 5, 2024 and October 15, 2024 among others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Outlook: Stable
SSPL was incorporated in 2003 in Bhilwara (Rajasthan) by Mr Amit
Surana along with his family members. SSPL is engaged in the
business of manufacturing of synthetic grey fabrics. Furthermore,
the company does weaving activity on job work basis for others.
Furthermore, the company is also engaged in the business of trading
of grey and finished synthetics fabrics. The plant
of SSPL is located at Bhilwara, Rajasthan which is a textile
cluster.
Status of non-cooperation with previous CRA: BRICKWORK has
continued the ratings assigned to the bank facilities of SSPL into
'Issuer not-cooperating' category vide press release dated May 08,
2024 on account of non-availability of requisite information from
the company.
VARDAAN LIFESTYLE: CARE Keeps C Debt Rating in Not Cooperating
--------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Vardaan
Lifestyle Limited (VLL) continues to remain in the 'Issuer Not
Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 15.00 CARE C; Stable; ISSUER NOT
Facilities COOPERATING; Rating continues
To remain under ISSUER NOT
COOPERATING category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated November 6,
2023, placed the rating(s) of VLL under the 'issuer
non-cooperating' category as VLL had failed to provide information
for monitoring of the rating as agreed to in its Rating Agreement.
VLL continues to be non-cooperative despite repeated requests for
submission of information through emails dated September 21, 2024,
October 1, 2024 and October 11, 2024 among others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Outlook: Stable
VLL (VLL: earlier known as Ram India Mittal Township Limited) is a
special purpose vehicle of Mittal Brothers Group. The company
earlier in March 2007 was established as a partnership firm under
the name of "Ram India Mittal". In the year 2014, the company
changed its constitution to limited company. Later in September
2017, the company changed its name to VLL. Currently, VLL is
developing a residential cum commercial development under the name
"Cleveland Park Phase II (earlier known as Life Park Plus)". The
total cost of the project is expected to be funded through
promoter's contribution, term loan.
VENKATESWARA CONSTRUCTIONS: CARE Keeps D Debt Ratings in Not Coop.
------------------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of Sri
Venkateswara Constructions Private Limited (SVCPL) continue to
remain in the 'Issuer Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 14.00 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Short Term Bank 24.00 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale and key rating drivers
CARE Ratings Ltd. had, vide its press release dated November 10,
2023, placed the rating(s) of SVCPL under the 'issuer
non-cooperating' category as SVCPL had failed to provide
information for monitoring of the rating as agreed to in its Rating
Agreement. SVCPL continues to be non-cooperative despite repeated
requests for submission of information through e-mails dated
September 25, 2024, October 5, 2024 and October 15, 2024 among
others.
In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'s opinion is not sufficient to
arrive at a fair rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Standalone
Andhra Based, Sri Venkateswara Constructions (SVCPL) was
established in the year 2006 as partnership firm. Later on, in the
year 2012, SVCPL change its constitution to current nomenclature
Sri Venkateswara Construction Private Limited (SVCPL). The company
is engaged in Civil construction works includes construction of
bridges for railway track, fabrication work, earth work,
construction of buildings to government organization, transmission
lines and canal works among others. The company purchase the raw
material like cement, steel, sand and concrete etc. within Andhra
Pradesh.
WOODHILL INFRASTRUCTURE: ICRA Cuts Rating on INR63cr Loan to D
--------------------------------------------------------------
ICRA has revised the ratings on certain bank facilities of Woodhill
Infrastructure Limited (WIL), as:
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term/ 2.00 [ICRA]D; ISSUER NOT
Short Term- COOPERATING/[ICRA]D; ISSUER NOT
Unallocated COOPERATING; Rating downgraded
from [ICRA]B+(Stable); ISSUER NOT
COOPERATING/[ICRA]A4; ISSUER NOT
COOPERATING and continues to
remain under the 'Issuer Not
Cooperating' category
Long Term/ 2.00 [ICRA]D; ISSUER NOT
Short Term- COOPERATING/[ICRA]D; ISSUER NOT
Non-Fund COOPERATING; Rating downgraded
Based-Others from [ICRA]B+(Stable); ISSUER NOT
COOPERATING/[ICRA]A4; ISSUER NOT
COOPERATING and continues to
remain under the 'Issuer Not
Cooperating' category
Long Term- (5.00) [ICRA]D; ISSUER NOT COOPERATING;
Interchangeable- Rating downgraded from
Others [ICRA]B+(Stable); ISSUER NOT
COOPERATING and continues to
remain under the 'Issuer Not
Cooperating' category
Long-term- 63.00 [ICRA]D; ISSUER NOT COOPERATING;
Fund based Rating downgraded from
Cash Credit [ICRA]B+(Stable); ISSUER NOT
COOPERATING and continues to
remain under the 'Issuer Not
Cooperating' category
Rationale
The rating downgrade is attributable to the lack of adequate
information regarding WIL performance and hence the uncertainty
around its credit risk. ICRA assesses whether the information
available about the entity is commensurate with its rating and
reviews the same as per its "Policy in respect of non-cooperation
by a rated entity" available at www.icra.in. The lenders, investors
and other market participants are thus advised to exercise
appropriate caution while using this rating, as the rating may not
adequately reflect the credit risk profile of the entity, despite
the downgrade."
As part of its process and in accordance with its rating agreement
with Woodhill Infrastructure Limited, ICRA has been trying to seek
information from the entity so as to monitor its performance.
Further, ICRA has been sending repeated reminders to the entity for
payment of surveillance fee that became due. Despite multiple
requests by ICRA, the entity's management has
remained non-cooperative. In the absence of requisite information
and in line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.
Woodhill Infrastructure Limited (WIL) (formerly Woodhill Engineers
and Builders Private limited) was incorporated in October 1990 and
is an EPC contractor, primarily engaged in construction of roads
(widening, strengthening and resurfacing), bridges and flyovers.
The customer profile of the company's order book comprises mainly
state and central government agencies/departments. The board of WIL
comprises of Mr. Deepak Kant Gupta, Mr. Shiv Kumar Kasana, Mr.
Vivek Bhati and
Mr. Siddhartha Singh.
=========
J A P A N
=========
DMM BITCOIN: Crypto Exchange Operator to Close Business
-------------------------------------------------------
The Japan Times reports that cryptocurrency exchange operator DMM
Bitcoin said Dec. 2 that it will go out of business.
The Japan Times relates that the company, part of the DMM.com
group, is believed to have found it difficult to continue
operations after about JPY48.2 billion's worth of customers'
bitcoin deposits were stolen in May.
The company plans to hand over its customers' deposits to SBI VC
Trade, a cryptocurrency exchange unit of SBI Holdings, around next
March, the report says.
DMM Bitcoin detected the bitcoin deposit breach on May 31. It has
since restricted some services, such as the withdrawal of crypto
assets. In June, it secured the amount of bitcoin equivalent to
what was lost, with financial support from the DMM group.
According to The Japan Times, the company apologized for the
prolonged inconvenience in a statement released on its website on
Dec. 2.
Over the incident, the Financial Services Agency in September
issued a business improvement order to DMM Bitcoin under the
payment service law, urging it to find out the cause and strengthen
its systems.
The agency cited the company's sloppy management, such as the
concentration of authorities for system operation and security and
the lack of decentralized management of private keys for asset
management, The Japan Times relays.
=====================
N E W Z E A L A N D
=====================
ARTIFEX FLOORING: Creditors' Proofs of Debt Due on Dec. 23
----------------------------------------------------------
Creditors of Artifex Flooring Limited are required to file their
proofs of debt by Dec. 23, 2024, to be included in the company's
dividend distribution.
The company commenced wind-up proceedings on Nov. 22, 2024.
The company's liquidator is:
Mohammed Tazleen Nasib Jan
Liquidation Management Limited
PO Box 50683
Porirua 5240
CBL CORPORATION: FMA Welcomes High Court Decision
-------------------------------------------------
The Financial Markets Authority (FMA) – Te Mana TÄtai Hokohoko
– welcomes the High Court's decision last week to dismiss the
application to strike out the FMA's claim against the executor of
the estate of former CBL Corporation Limited director Alistair
Hutchison.
The FMA's claim relates to the alleged failure by CBLC, two of its
former directors and its chief financial officer, to disclose
related party interests in a series of interrelated transactions
(known as the Samoa Transaction) in CBLC's Product Disclosure
Statement (PDS) upon listing in October 2015. The FMA also alleges
false and misleading statements in the PDS as to CBL Insurance
Limited's solvency position and the stated purpose of the IPO (the
IPO Proceeding).
Mr. Hutchison died in December 2021, however the FMA's civil claim
in the IPO proceeding continues against the executor of his estate.
Following Mr Hutchison's death the FMA is no longer seeking
pecuniary penalties against the estate and now seeks declarations
of contravention only.
The FMA considers that it is in the public interest to continue the
IPO proceeding against the estate given Mr Hutchison's central
involvement in the Samoa Transaction. The High Court agreed that
this does not amount to an abuse of process and that a fair trial
is possible.
The FMA's trial relating to the IPO is scheduled to take place in
April 2026.
About CBL Corp.
Founded in 1973, CBL Corporation Limited together with its
subsidiaries, provided insurance and reinsurance products and
services primarily in New Zealand. It offered financial risk
products, builders' risks, sureties, guarantees, and contractor
bonds primarily in Europe and Scandinavia; deposit guarantees in
Australia; and bonding and fiduciary services to the Mexican
commercial sector. The company also provided a range of specialty
products, such as credit enhancement, surety bonds, specialized
property insurance, aviation, and rural risk in Australia, as well
as distributes construction-sector insurance products in France
through a network of brokers.
CBL Corp. went into voluntary administration in late February 2018,
in a move to prevent other regulators from taking action after the
Reserve Bank moved to have its subsidiary CBL Insurance placed in
interim liquidation.
On Feb. 23, 2018, KordaMentha New Zealand partners Brendon Gibson
and Neale Jackson were appointed Voluntary Administrators by the
Board of CBL Corporation Ltd and certain of its subsidiaries.
The administration relates to New Zealand-domiciled companies.
Messrs. Gibson and Jackson are administrators to these CBL
entities: CBL Corporation Limited; LBC Holdings New Zealand Ltd;
LBC Holdings Americas Ltd; LBC Holdings UK Ltd; LBC Holdings
Europe
Ltd; LBC Holdings Australasia Ltd; LBC Treasury Company Ltd;
Deposit Power Ltd; South British Funding Ltd; and CBL Corporate
Services Ltd.
In November 2018, the High Court in Auckland placed CBL Insurance
into liquidation with Kare Johnstone and Andrew Grenfell from
McGrathNicol appointed as liquidators.
CUDA SUPPLY: Court to Hear Wind-Up Petition on Dec. 9
-----------------------------------------------------
A petition to wind up the operations of Cuda Supply & Services
Limited will be heard before the High Court at Tauranga on Dec. 9,
2024, at 10:00 a.m.
The Commissioner of Inland Revenue filed the petition against the
company on Oct. 17, 2024.
The Petitioner's solicitor is:
Timothy Saunders
Inland Revenue, Legal Services
21 Home Straight
PO Box 432
Hamilton
DESIGN & BUILD: BDO Tauranga Appointed as Liquidators
-----------------------------------------------------
Paul Thomas Manning and Thomas Lee Rodewald of BDO Tauranga on Nov.
25, 2024, were appointed as liquidators of Design & Build
Coromandel Limited.
The liquidators may be reached at:
C/- BDO Tauranga Limited
Level 1, The Hub
525 Cameron Road
PO Box 15660
Tauranga 3144
MITRE 10: Sells Property to Help Pay Debt
-----------------------------------------
Stuff.co.nz reports that Mitre 10, New Zealand's biggest DIY
retailer has been selling properties to help reduce $161.8 million
worth of debt.
But Mitre 10 chief executive Andrea Scown said there was "no panic
selling" when it came to selling off stores this year as the
company battles financial headwinds, Stuff relates.
A digital transformation project was almost complete at the
company, but had increased the company's debt by 135% in the year
from June 2023 to 2024, up from NZD68.5 million to NZD161.8
million, according to its latest financial statement.
The debt was comprised of a NZD131.8 million revolving credit and a
NZD30 million overdraft which was repayable on demand.
Stuff says the digital transformation aimed to keep the company
digitally relevant and Scown said the debt was planned for and the
company was now making strategic decisions to pay that debt down.
"We haven't been quietly selling off properties at all," Stuff
quotes Ms. Scown as saying.
Mitre 10 New Zealand Limited held a few properties but a lot of
property assets were owned by 'members' of the cooperative.
This year it had sold Ruakura Mega for NZD23 million with
settlement next month and Manakau Mega for NZD32 million. It had
also purchased new land in a few areas including at Drury for a
future Mega. It was developing a new store in Papamoa and have
another two properties they plan to sell in the coming year.
"That's been partly to do with paying down debt, but also about
recycling those assets."
"We still have another 11 stores we see opportunity for around the
country so if we want to be purchasing land, once we've got members
well established on properties we've held for a while, there is no
longer a need for us to remain the owner."
"We always try to sell them on so we can continue to fund new site
purchases."
"We're still as active as we've always been in the property and
construction space so there's no panic selling here, it's all been
carefully planned out."
On top of the digital transformation, Mitre 10 had experienced a
"difficult economic environment for the second year running".
"It's been a really interesting time. You can't look to your
historical sales because there was the blip of Covid and post-Covid
spending. You can't look to your future forecasts because its just
so unknown."
Despite this it had continued to track market share and had
increased market share in trade and held its retail market share.
Stuff adds that Ms. Scown said things seemed like to be turning,
with October sales being flat, and in November the company had
managed to beat budget on sales.
"We had a really strong Black Friday so we're feeling quite
bullish."
Mitre 10 -- http://www.mitre10.com.au/-- is a retail and trade
hardware store chain, with over 700 locations in all states of
Australia as well as under 250 in New Zealand.
NOT SOCKS: Online Gift Store to Close Down After 14 Years
---------------------------------------------------------
Brianna McIlraith at Stuff.co.nz online gift store Not Socks is
closing down.
In an email to customers on Dec. 2, the company said it was with "a
heavy heart" that it announced its closure, Stuff relays.
"To our incredible customers, thank you for being apart of our
journey."
Not Socks was founded by Jude Burnside in March 2010.
"We are immensely proud of what Not Socks has achieved over the
last 14 years, especially the role we've played in helping people
express love, support, and gratitude through our curated range of
gifts," Stuff quotes Ms. Burnside as saying.
Not Socks quickly became a household name in New Zealand, as it
became known for its range of gifts but Burnside said maintaining
high standards throughout years of continuous growth required
immense dedication and personal sacrifices staff and their
families.
"With this in mind, we've made the bittersweet decision to close
Not Socks. This decision allows us to take a much-needed break,
focus on personal priorities, and explore new opportunities," she
said.
"While this is the end of an era, we are profoundly grateful to our
incredible customers for their unwavering support and loyalty over
the years."
Most of its 2,000 products had never been on sale before, but it
was having a closing down sale with 30% to 90% off everything
before it closed on December 20, Stuff adds.
RZZ LIMITED: Court to Hear Wind-Up Petition on Dec. 18
------------------------------------------------------
A petition to wind up the operations of RZZ Limited will be heard
before the High Court at Auckland on Dec. 18, 2024, at 10:00 a.m.
Bizcap NZ Limited filed the petition against the company on Oct.
18, 2024.
The Petitioner's solicitor is:
James Cochrane
Lane Neave Lawyers
Level 8 Vero Centre
48 Shortland Street
Auckland
SBS TRANSPORT: Creditors' Proofs of Debt Due on Jan. 14
-------------------------------------------------------
Creditors of SBS Transport Group Limited are required to file their
proofs of debt by Jan. 14, 2025, to be included in the company's
dividend distribution.
The company commenced wind-up proceedings on Nov. 27, 2024.
The company's liquidators are:
Digby John Noyce
RES Corporate Services Limited
PO Box 301890
Albany
Auckland 0752
TE ARAWA: Liquidators to Run Maketū Pies as They Seek Buyer
------------------------------------------------------------
Laura Smith at Radio New Zealand reports that liquidators will take
care of the Maketū Pies business while they find a buyer.
Maketu Foods Ltd, trading as Maketu Pies, was placed into voluntary
solvent liquidation on Nov. 21.
Its owner, Te Arawa Management Ltd, bought the national pie
supplier in 2019 during a receivership process but said it has
operated at a loss since.
It was, at the time, the town's largest employer and had operated
for about 40 years. It had about 40 staff, mostly locals.
Te Arawa Management Ltd is a subsidiary of the Rotorua-based Te
Arawa Lakes Trust.
According to Stuff, joint liquidators Thomas Rodewald and Paul
Manning from BDO Tauranga released their first report on Nov. 28,
which detailed the next steps of the process.
Stuff says the liquidators will trade the business in the short
term while they advertise it for sale, and will arrange asset and
stock valuation.
"The company was purchased out of receivership and the shareholders
have been putting funds into the business since.
"It is not economic for this to continue and the shareholders
resolved to liquidate the company."
They believed all creditors would be paid in full within a year, if
they weren't already.
January 13 was set as the last day for creditors to make claims,
Stuff notes.
Stuff relates that the liquidators will advertise their appointment
in the relevant publications, arrange for financial statements and
tax returns to the date of the liquidation and to the finalisation
date to be completed and filed.
They will complete a final report and request for the company to be
removed from the register.
A liquidation completion date will be given in a later report,
Stuff adds.
According to Stuff, the liquidators this week provided a statement
to Local Democracy Reporting that said the business and its assets,
including intellectual property such as the brand name, would be
for sale.
It would continue to operate while an exit strategy was finalised.
Stuff relates that Te Arawa Management Ltd interim chief executive
Tina Kilmister-Blue previously said the "difficult decision" was
made after a "great deal of discussion and deliberation".
She sent community leaders a letter last week advising of the
liquidation.
It outlined the sector challenges which included increasing costs
and smaller margins and how it could "no longer continue to
contribute further investment to keep operating".
Some "serious" options were investigated but none were viable as
they required significant investment, Stuff relays.
Locals hoped a buyer would step in, or take over the premises in
some way, given the impact on employment a closure would have on
the tiny town, adds Stuff.
The Maketū population was 1,311 in the 2023 Census.
===============
P A K I S T A N
===============
PAKISTAN INT'L: To Resume European Flights as Banned Lifted
-----------------------------------------------------------
Reuters reports that Pakistan International Airlines (PIA) said on
Dec. 1 it expects to resume European routes soon and is eyeing
several UK destinations after the EU aviation regulator lifted its
bar on the flag carrier.
The European Union Aviation Safety Agency (EASA) suspended PIA's
authorisation to operate in the EU in June 2020 over concerns about
the ability of Pakistani authorities and its Civil Aviation
Authority (PCAA) to ensure compliance with international aviation
standards.
"PIA plans to approach the UK's Department for Transport (DfT) for
UK route resumption, as EASA clearance is a prerequisite for their
decision," PIA spokesman Abdullah Hafeez Khan told Reuters.
EASA and UK authorities suspended permission for PIA to operate in
the region after Pakistan began investigating the validity of
pilots' licenses following a deadly plane crash that killed 97
people, Reuters notes.
According to Reuters, Khan said the airline expects to resume
flights to Europe, starting with Paris, within the next three to
four weeks.
Once PIA gets approval for UK flights, Khan said London,
Manchester, and Birmingham would be the most sought-after
destinations.
PIA and the government, which is aiming to sell a 60% stake in the
carrier, had urged EASA to lift the ban, even provisionally. The
ban cost the airline PKR40 billion ($144 million) annually in
revenue.
Reuters relates that Khan said the company has sufficient cash flow
to add new routes. Decisions on leasing new aircraft will be made
after the government finalises privatisation discussions, he said.
According to Reuters, the loss-making national carrier has a 23%
stake in Pakistan's domestic aviation market, but its 34-plane
fleet can't compete with Middle Eastern carriers which hold a 60%
market share, due to a lack of direct flights, despite having
agreements with 87 countries and key landing slots.
The government's attempt to privatise the airline fell flat when it
received only a single offer, well below its asking price.
"With Europe now, and upcoming UK routes, we anticipate increased
revenue potential and hence a rise in PIA's value during the
privatisation process," Khan said.
About PIA
Pakistan International Airlines Corp Ltd (PIA) provides commercial
air transportation services. It includes passenger, cargo postal
carriage, engineering, and other services. Pakistan International
Airlines (PIA) is the flag carrier of Pakistan and wholly owned by
the government of Pakistan.
As reported in the Troubled Company Reporter-Asia Pacific on April
4, 2024, Pakistan is putting on the block a stake ranging from 51%
to 100% of loss-making national carrier Pakistan
International Airlines, the privatisation panel said on April 2, as
part of reforms urged by the International Monetary Fund (IMF).
Reuters said the disposal of the flag carrier is a step past
elected governments have steered away from as likely to be highly
unpopular, but progress on the privatisation will help
cash-strapped Pakistan pursue further funding talks with the IMF.
In October 2023, a body under Pakistan's cabinet used emergency
powers to hire financial advisers to plan the privatization of
Pakistan International Airlines.
Pakistan International Airlines has reported a loss of over PKR75
billion for the year 2023. The total liabilities of the airline
have ballooned to PKR825 billion while total assets are valued at
PKR161 billion, according to Pakistan Today.
=================
S I N G A P O R E
=================
GENERAL ATLANTIC: Creditors' Proofs of Debt Due on Dec. 30
----------------------------------------------------------
Creditors of General Atlantic Singapore FTH Pte. Ltd. are required
to file their proofs of debt by Dec. 30, 2024, to be included in
the company's dividend distribution.
The company commenced wind-up proceedings on Nov. 22, 2024.
The company's liquidator is:
Chek Khai Juat
c/o Tricor Singapore
9 Raffles Place
#26-01 Republic Plaza
Singapore 048619
KAMET INVESTMENT: Creditors' Proofs of Debt Due on Dec. 30
----------------------------------------------------------
Creditors of Kamet Investment & Holding Pte. Ltd., Tian-Shan
Holding Pte. Ltd., Altai Holding Pte. Ltd., Everest Investment &
Holding Pte. Ltd., and Eurasia Transit Holding Pte. Ltd., are
required to file their proofs of debt by Dec. 30, 2024, to be
included in the company's dividend distribution.
The company commenced wind-up proceedings on Nov. 21, 2024.
The company's liquidators are:
Thio Khiaw Ping Kelvin
Terence Ng Chi Hou
c/o RHT Atlas Pte Ltd
1 Paya Lebar Link
#06-09 PLQ2 Paya Lebar Quarter
Singapore 408533
METIS PRESCHOOL: Court to Hear Wind-Up Petition on Dec. 13
----------------------------------------------------------
A petition to wind up the operations of Metis Preschool Pte. Ltd.
will be heard before the High Court of Singapore on Dec. 13, 2024,
at 10:00 a.m.
DBS Bank Ltd filed the petition against the company on Nov. 19,
2024.
The Petitioner's solicitors are:
Rajah & Tann Singapore LLP
9 Straits View
#06-07 Marina One West Tower
Singapore 018937
PROVIDENCE AUTOMOBILE: Court to Hear Wind-Up Petition on Dec. 13
----------------------------------------------------------------
A petition to wind up the operations of Providence Automobile Pte.
Ltd. will be heard before the High Court of Singapore on Dec. 13,
2024, at 10:00 a.m.
CIMB Bank Berhad, Singapore Branch filed the petition against the
company on Nov. 22, 2024.
The Petitioner's solicitors are:
Shook Lin & Bok LLP
1 Robinson Road
#18-00, AIA Tower
Singapore 048542
SHREEJEET INTERNATIONAL: Court to Hear Wind-Up Petition on Dec. 13
------------------------------------------------------------------
A petition to wind up the operations of Shreejeet International
Pte. Ltd. will be heard before the High Court of Singapore on
Dec. 13, 2024, at 10:00 a.m.
Sweetyet Development Pte Ltd filed the petition against the company
on Nov. 22, 2024.
The Petitioner's solicitors are:
Quahe Woo & Palmer LLC
180 Clemenceau Avenue
#02-02 Haw Par Centre
Singapore 239922
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X X X X X X X X
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[*] BOND PRICING: For the Week Nov. 25, 2024 to Nov. 29, 2024
-------------------------------------------------------------
Issuer Coupon Maturity Currency Price
------ ------ -------- -------- -----
AUSTRALIA
---------
ACN 113 874 712 PTY 13.25 02/15/18 USD 0.22
ACN 113 874 712 PTY 13.25 02/15/18 USD 0.22
VIRGIN AUSTRALIA HO 8.00 11/26/24 AUD 0.43
VIRGIN AUSTRALIA HO 7.88 10/15/21 USD 0.39
VIRGIN AUSTRALIA HO 7.88 10/15/21 USD 0.39
VIRGIN AUSTRALIA HO 8.25 05/30/23 AUD 0.34
VIRGIN AUSTRALIA HO 8.08 03/05/24 AUD 0.34
VIRGIN AUSTRALIA HO 8.13 11/15/24 USD 0.22
VIRGIN AUSTRALIA HO 8.13 11/15/24 USD 0.21
CHINA
-----
ANHUI PINGTIANHU IN 7.50 08/13/26 CNY 42.11
ANHUI PINGTIANHU IN 7.50 08/13/26 CNY 40.00
ANLU CONSTRUCTION D 7.80 11/28/26 CNY 63.22
ANLU CONSTRUCTION D 7.80 11/28/26 CNY 60.00
ANNING DEVELOPMENT 8.00 12/04/25 CNY 20.77
ANNING DEVELOPMENT 8.00 12/04/25 CNY 20.74
ANNING DEVELOPMENT 8.80 09/11/25 CNY 20.72
ANSHANG WANGTONG CO 7.50 05/06/26 CNY 41.80
ANSHANG WANGTONG CO 7.50 05/06/26 CNY 41.74
ANSHUN CITY XIXIU I 8.00 01/29/26 CNY 41.36
ANSHUN CITY XIXIU I 7.90 11/15/25 CNY 40.95
ANSHUN CITY XIXIU I 8.00 01/29/26 CNY 40.67
ANYUE XINGAN CITY D 7.50 05/06/26 CNY 41.73
ANYUE XINGAN CITY D 7.50 01/30/25 CNY 20.20
ANYUE XINGAN CITY D 7.50 01/30/25 CNY 20.20
BIJIE CITY ANFANG C 7.80 01/18/26 CNY 41.29
BIJIE CITY ANFANG C 7.80 01/18/26 CNY 40.55
BIJIE QIXINGGUAN DI 8.05 08/16/25 CNY 20.75
BIJIE TIANHE URBAN 8.05 12/03/25 CNY 41.09
BIJIE TIANHE URBAN 8.05 12/03/25 CNY 40.76
CAOXIAN SHANG DU IN 7.80 10/28/26 CNY 42.55
CAOXIAN SHANG DU IN 7.80 10/28/26 CNY 42.54
CHANGDE DEYUAN INVE 7.70 06/11/25 CNY 20.60
CHANGDE DEYUAN INVE 7.70 06/11/25 CNY 20.59
CHANGDE DINGCHENG J 7.58 10/19/25 CNY 20.85
CHANGDE DINGCHENG J 7.58 10/19/25 CNY 20.84
CHENGDU GARDEN WATE 8.00 06/13/25 CNY 20.42
CHENGDU GARDEN WATE 8.00 06/13/25 CNY 20.00
CHISHUI CITY CONSTR 8.50 01/18/26 CNY 41.31
CHISHUI CITY CONSTR 8.50 01/18/26 CNY 41.28
CHONGQING HONGYE IN 7.50 12/24/26 CNY 62.96
CHONGQING JIANGLAI 7.50 10/26/25 CNY 20.87
CHONGQING JIANGLAI 7.50 10/26/25 CNY 20.00
CHONGQING NANCHUAN 7.80 08/06/26 CNY 42.08
CHONGQING SHUANGFU 7.50 09/09/26 CNY 42.44
CHONGQING THREE GOR 7.80 03/01/26 CNY 41.59
CHONGQING THREE GOR 7.80 03/01/26 CNY 40.00
CHONGQING TONGRUI A 7.50 09/18/26 CNY 42.38
CHONGQING TONGRUI A 7.50 09/18/26 CNY 40.00
CHONGQING WANSHENG 7.50 03/27/25 CNY 20.73
CHONGQING WANSHENG 7.50 03/27/25 CNY 20.28
CHONGQING WANSHENG 8.50 11/25/25 CNY 30.78
CHONGQING YUDIAN ST 8.00 11/30/25 CNY 41.08
CHUYING AGRO-PASTOR 8.80 06/26/19 CNY 1.00
DALI URBAN DEVELOPM 8.00 12/25/25 CNY 41.87
DALI URBAN DEVELOPM 8.00 12/25/25 CNY 41.23
DAWA COUNTY CITY CO 7.80 01/30/26 CNY 41.33
DAWA COUNTY CITY CO 7.80 01/30/26 CNY 38.80
DAWU COUNTY URBAN C 7.50 09/20/26 CNY 42.35
DAWU COUNTY URBAN C 7.50 09/20/26 CNY 40.00
DING NAN CITY CONST 7.80 04/08/26 CNY 41.42
DING NAN CITY CONST 7.80 04/08/26 CNY 40.00
DUJIANGYAN NEW CITY 7.80 10/11/25 CNY 20.78
DUJIANGYAN NEW CITY 7.80 10/11/25 CNY 20.50
DUJIANGYAN NEW CITY 7.80 05/02/25 CNY 20.45
DUJIANGYAN NEW CITY 7.80 05/02/25 CNY 20.00
DUJIANGYAN XINGYAN 7.50 11/01/26 CNY 42.69
FANGCHENG GANGSHI W 7.93 12/25/25 CNY 21.05
FANGCHENG GANGSHI W 7.95 10/11/25 CNY 20.91
FANGCHENG GANGSHI W 7.93 12/25/25 CNY 20.00
FANGCHENG GANGSHI W 7.95 10/11/25 CNY 20.00
FANTASIA GROUP CHIN 7.50 06/30/28 CNY 73.70
FANTASIA GROUP CHIN 7.80 06/30/28 CNY 44.53
FUJIAN FUSHENG GROU 7.90 12/17/21 CNY 70.99
FUJIAN FUSHENG GROU 7.90 11/19/21 CNY 60.00
FUZHOU LINCHUAN URB 8.00 02/26/26 CNY 41.56
GANZHOU NANKANG DIS 8.00 01/23/26 CNY 41.32
GANZHOU NANKANG DIS 8.00 01/23/26 CNY 40.00
GANZHOU NANKANG DIS 8.00 10/29/25 CNY 20.92
GANZHOU NANKANG DIS 8.00 09/27/25 CNY 20.84
GANZHOU NANKANG DIS 8.00 10/29/25 CNY 20.00
GANZHOU NANKANG DIS 8.00 09/27/25 CNY 20.00
GANZHOU ZHANGGONG C 7.80 10/16/25 CNY 22.68
GANZHOU ZHANGGONG C 7.80 10/16/25 CNY 20.88
GOME APPLIANCE CO L 7.80 12/21/24 CNY 37.00
GUANGAN XINHONG INV 7.50 06/03/26 CNY 43.09
GUANGAN XINHONG INV 7.50 06/03/26 CNY 41.83
GUANGDONG PEARL RIV 7.50 10/26/26 CNY 18.03
GUANGXI BAISE EXPER 7.59 01/08/26 CNY 41.16
GUANGXI BAISE EXPER 7.60 12/24/25 CNY 41.04
GUANGXI BAISE EXPER 7.60 12/24/25 CNY 40.00
GUANGXI BAISE EXPER 7.59 01/08/26 CNY 39.39
GUANGXI CHONGZUO UR 8.50 09/26/25 CNY 20.97
GUANGXI CHONGZUO UR 8.50 09/26/25 CNY 20.96
GUANGXI NINGMING HU 8.50 11/05/26 CNY 43.19
GUANGXI NINGMING HU 8.50 11/05/26 CNY 42.46
GUANGXI NINGMING HU 8.50 12/07/25 CNY 40.93
GUANGXI TIANDONG CO 7.50 06/04/27 CNY 40.00
GUANGYUAN CITY DEVE 7.50 10/25/27 CNY 26.89
GUANGYUAN YUANQU CH 7.50 07/15/26 CNY 74.02
GUANGYUAN YUANQU CO 7.50 12/23/26 CNY 62.88
GUANGYUAN YUANQU CO 7.50 10/30/26 CNY 61.77
GUANGYUAN YUANQU CO 7.50 12/23/26 CNY 60.00
GUANGYUAN YUANQU CO 7.50 10/30/26 CNY 40.00
GUANGZHOU FINELAND 13.60 07/27/23 USD 0.73
GUCHENG CONSTRUCTIO 7.88 04/27/25 CNY 20.38
GUCHENG CONSTRUCTIO 7.88 04/27/25 CNY 20.00
GUIXI STATE OWNED H 7.50 09/17/26 CNY 43.42
GUIXI STATE OWNED H 7.50 09/17/26 CNY 42.41
GUIYANG BAIYUN INDU 7.50 03/06/26 CNY 41.44
GUIYANG BAIYUN INDU 7.50 03/06/26 CNY 40.62
GUIYANG BAIYUN INDU 8.30 03/21/25 CNY 20.46
GUIYANG BAIYUN INDU 8.30 03/21/25 CNY 20.31
GUIYANG ECONOMIC DE 7.50 04/30/26 CNY 41.38
GUIYANG ECONOMIC DE 7.90 10/29/25 CNY 20.94
GUIYANG ECONOMIC DE 7.90 10/29/25 CNY 20.82
GUIYANG ECONOMIC TE 7.80 04/30/26 CNY 41.83
GUIYANG ECONOMIC TE 7.80 04/30/26 CNY 41.80
GUIYANG HI-TECH HOL 8.00 11/25/26 CNY 62.33
GUIYANG HI-TECH HOL 8.00 11/25/26 CNY 60.27
GUIZHOU CHANGSHUN C 8.50 03/19/26 CNY 41.85
GUIZHOU CHANGSHUN C 8.50 03/19/26 CNY 40.00
GUIZHOU EAST LAKE C 8.00 12/07/25 CNY 41.10
GUIZHOU EAST LAKE C 8.00 12/07/25 CNY 40.57
GUIZHOU GUIAN DEVEL 7.60 04/26/25 CNY 5.90
GUIZHOU HONGGUO ECO 7.80 02/08/25 CNY 20.23
GUIZHOU HONGGUO ECO 7.80 02/08/25 CNY 20.10
GUIZHOU HONGGUO ECO 7.80 11/24/24 CNY 20.03
GUIZHOU HONGGUO ECO 7.80 11/24/24 CNY 10.50
GUIZHOU JINFENGHUAN 7.60 08/19/26 CNY 42.26
GUIZHOU JINFENGHUAN 7.60 08/19/26 CNY 41.50
GUIZHOU SHUANGLONG 7.50 04/20/30 CNY 60.00
GUIZHOU SHUICHENG E 7.50 10/26/25 CNY 20.86
GUIZHOU SHUICHENG E 7.50 10/26/25 CNY 19.50
GUIZHOU SHUICHENG W 8.00 11/27/25 CNY 40.47
GUIZHOU SHUICHENG W 8.00 11/27/25 CNY 40.46
GUIZHOU ZHONGSHAN D 8.00 03/18/29 CNY 70.00
HAIAN URBAN DEMOLIT 8.00 12/21/25 CNY 41.19
HAIAN URBAN DEMOLIT 7.74 05/02/25 CNY 20.42
HENGYANG CITY AND U 7.80 12/14/24 CNY 20.09
HENGYANG CITY AND U 7.80 12/14/24 CNY 20.09
HONGAN URBAN DEVELO 7.50 12/04/24 CNY 20.06
HONGAN URBAN DEVELO 7.50 12/04/24 CNY 20.00
HUAINAN SHAN NAN DE 7.94 04/01/26 CNY 41.91
HUAINAN SHAN NAN DE 7.94 04/01/26 CNY 40.00
HUAINAN URBAN CONST 7.58 02/12/26 CNY 41.50
HUAINAN URBAN CONST 7.50 03/20/25 CNY 20.36
HUAINAN URBAN CONST 7.50 03/20/25 CNY 20.00
HUBEI DAYE LAKE HIG 7.50 04/01/26 CNY 41.36
HUBEI JIAKANG CONST 7.80 12/19/25 CNY 40.96
HUBEI YILING ECONOM 7.50 12/02/26 CNY 61.16
HUBEI YILING ECONOM 7.50 03/28/26 CNY 41.63
HUBEI YILING ECONOM 7.50 03/28/26 CNY 40.00
HUNAN CHUZHISHENG H 7.50 03/27/26 CNY 41.48
HUNAN CHUZHISHENG H 7.50 03/27/26 CNY 40.00
HUNAN MEISHAN RESOU 8.00 03/21/26 CNY 41.73
HUNAN MEISHAN RESOU 8.00 03/21/26 CNY 40.00
HUNAN TIANYI RONGTO 8.00 10/24/25 CNY 20.97
HUNAN TIANYI RONGTO 8.00 10/24/25 CNY 20.97
HUNAN TIANYI RONGTO 7.50 09/17/25 CNY 20.79
HUNAN XUANDA CONSTR 7.50 01/24/26 CNY 41.26
HUNAN XUANDA CONSTR 7.50 01/23/26 CNY 41.19
HUNAN XUANDA CONSTR 7.50 01/24/26 CNY 40.00
HUNAN XUANDA CONSTR 7.50 01/23/26 CNY 40.00
HUZHOU NEW CITY INV 7.50 11/23/24 CNY 20.03
HUZHOU NEW CITY INV 7.50 11/23/24 CNY 20.00
HUZHOU WUXING NANTA 7.90 09/20/25 CNY 20.92
JIA COUNTY DEVELOPM 7.50 01/21/27 CNY 62.77
JIA COUNTY DEVELOPM 7.50 01/21/27 CNY 58.00
JIAHE ZHUDU DEVELOP 7.50 03/13/25 CNY 20.31
JIAHE ZHUDU DEVELOP 7.50 03/13/25 CNY 20.00
JIANGSU YANGKOU POR 7.60 08/17/25 CNY 22.50
JIANGSU YANGKOU POR 7.60 08/17/25 CNY 20.70
JIANGSU ZHONGNAN CO 7.80 03/17/29 CNY 44.19
JIANGXI HUANGGANGSH 7.90 01/25/26 CNY 41.07
JIANGXI HUANGGANGSH 7.90 10/08/25 CNY 20.68
JIANGXI HUANGGANGSH 7.90 10/08/25 CNY 20.68
JIANGXI JIHU DEVELO 7.50 04/10/25 CNY 20.37
JIANGXI JIHU DEVELO 7.50 04/10/25 CNY 20.00
JIANGXI TONGGU CITY 7.50 04/21/27 CNY 63.89
JIANGYOU XINGYI PAR 7.50 05/07/26 CNY 51.81
JIANGYOU XINGYI PAR 7.80 12/17/25 CNY 51.00
JIANLI FENGYUAN CIT 7.50 01/14/26 CNY 41.17
JIANLI FENGYUAN CIT 7.50 01/14/26 CNY 40.00
JILIN ECONOMY TECHN 8.00 03/26/28 CNY 62.59
JILIN ECONOMY TECHN 8.00 03/26/28 CNY 59.21
JINING NEW CITY DEV 7.60 03/23/25 CNY 20.21
JINING NEW CITY DEV 7.60 03/23/25 CNY 20.00
JINXIANG COUNTY CIT 7.50 03/20/26 CNY 41.54
JINXIANG COUNTY CIT 7.50 03/20/26 CNY 40.92
JINZHOU CIHANG GROU 9.00 04/05/20 CNY 33.63
KAILI GUIZHOU TOWN 7.98 03/30/27 CNY 64.06
KAILI GUIZHOU TOWN 7.98 03/30/27 CNY 64.05
KAIYUAN CITY XINGYU 7.50 09/22/27 CNY 64.69
KAIYUAN CITY XINGYU 7.50 09/22/27 CNY 64.36
LAOTING INVESTMENT 7.50 04/11/26 CNY 41.64
LAOTING INVESTMENT 7.50 04/11/26 CNY 39.80
LIJIN CITY CONSTRUC 7.50 04/26/26 CNY 41.72
LIJIN CITY CONSTRUC 7.50 12/20/25 CNY 41.09
LIJIN CITY CONSTRUC 7.50 04/26/26 CNY 40.00
LIJIN CITY CONSTRUC 7.50 12/20/25 CNY 40.00
LINFEN YAODU DISTRI 7.50 09/19/25 CNY 20.78
LINYI COUNTY CITY D 7.78 03/21/25 CNY 20.35
LINYI COUNTY CITY D 7.78 03/21/25 CNY 20.00
LINYI ZHENDONG CONS 7.50 12/06/25 CNY 41.00
LINYI ZHENDONG CONS 7.50 11/26/25 CNY 41.00
LINYI ZHENDONG CONS 7.50 12/06/25 CNY 40.83
LINYI ZHENDONG CONS 7.50 11/26/25 CNY 40.79
LIUPANSHUI AGRICULT 8.00 04/26/27 CNY 59.40
LIUPANSHUI AGRICULT 8.00 04/26/27 CNY 59.39
LONGNAN ECO&TECH DE 7.50 07/26/26 CNY 42.04
LUANCHUAN COUNTY TI 8.50 01/23/26 CNY 41.47
LUANCHUAN COUNTY TI 8.50 01/23/26 CNY 40.00
LUOHE ECONOMIC DEVE 7.50 12/18/25 CNY 41.09
LUOHE ECONOMIC DEVE 7.50 12/18/25 CNY 41.03
LUOYANG XIYUAN STAT 7.80 01/29/26 CNY 41.40
LUOYANG XIYUAN STAT 7.80 01/29/26 CNY 41.20
LUOYANG XIYUAN STAT 7.50 11/15/25 CNY 41.13
LUOYANG XIYUAN STAT 7.50 11/15/25 CNY 40.79
MAANSHAN NINGBO INV 7.50 04/18/26 CNY 41.65
MAANSHAN NINGBO INV 7.80 11/29/25 CNY 41.01
MAANSHAN NINGBO INV 7.80 11/29/25 CNY 41.00
MAANSHAN NINGBO INV 7.50 04/18/26 CNY 16.00
MEISHAN CITY DONGPO 8.00 01/03/26 CNY 41.26
MEISHAN CITY DONGPO 8.00 01/03/26 CNY 40.00
MEISHAN CITY DONGPO 8.08 08/16/25 CNY 20.77
MEISHAN CITY DONGPO 8.08 08/16/25 CNY 20.00
MEISHAN HONGSHUN PA 7.50 12/10/25 CNY 51.41
MENGZHOU INVESTMENT 8.00 11/06/25 CNY 20.96
MENGZHOU INVESTMENT 8.00 09/03/25 CNY 20.79
MENGZHOU INVESTMENT 8.00 11/06/25 CNY 20.00
MENGZHOU INVESTMENT 8.00 09/03/25 CNY 20.00
MENGZI CITY DEVELOP 8.00 03/25/26 CNY 42.25
MENGZI CITY DEVELOP 8.00 03/25/26 CNY 41.62
MIAN YANG ECONOMIC 8.00 09/29/26 CNY 42.63
MIAN YANG ECONOMIC 8.20 03/15/26 CNY 41.65
MIAN YANG ECONOMIC 8.00 09/29/26 CNY 40.00
MIAN YANG ECONOMIC 8.20 03/15/26 CNY 40.00
MIANYANG ANZHOU INV 7.90 11/25/26 CNY 62.98
MIANYANG ANZHOU INV 7.90 11/25/26 CNY 60.00
MIANYANG ANZHOU INV 8.10 11/22/25 CNY 41.06
MIANYANG ANZHOU INV 8.10 11/22/25 CNY 40.00
MIANYANG ANZHOU INV 8.10 05/04/25 CNY 20.49
MIANYANG ANZHOU INV 8.10 05/04/25 CNY 20.25
MIANYANG HUIDONG IN 8.10 04/28/25 CNY 20.48
MIANYANG HUIDONG IN 8.10 02/10/25 CNY 20.27
MIANZHU CITY JINSHE 7.87 12/18/25 CNY 41.15
MIANZHU CITY JINSHE 7.87 12/18/25 CNY 41.13
MILE AGRICULTURAL I 7.60 02/27/26 CNY 41.40
MILE AGRICULTURAL I 7.60 02/27/26 CNY 41.00
MILE AGRICULTURAL I 8.00 10/25/25 CNY 20.88
MILE AGRICULTURAL I 8.00 10/25/25 CNY 20.28
MUDANJIANG LONGSHEN 7.50 09/27/25 CNY 20.79
NANCHONG JIALING DE 7.98 05/23/25 CNY 20.54
NANCHONG JIALING DE 7.80 12/12/24 CNY 20.09
NANCHONG JIALING DE 7.80 12/12/24 CNY 20.08
NANCHONG JIALING DE 7.98 05/23/25 CNY 20.00
NINGXIA SHENG YAN I 7.50 09/27/28 CNY 42.45
PANJIN CITY SHUANGT 8.50 01/29/26 CNY 41.50
PANJIN CITY SHUANGT 8.50 01/29/26 CNY 41.49
PANJIN CITY SHUANGT 8.70 12/20/25 CNY 41.34
PANJIN CITY SHUANGT 8.70 12/20/25 CNY 41.33
PANJIN LIAODONGWAN 7.50 12/28/26 CNY 62.98
PEIXIAN ECONOMIC DE 7.51 11/04/26 CNY 42.47
PEIXIAN ECONOMIC DE 7.51 11/04/26 CNY 40.00
PENGSHAN DEVELOPMEN 7.98 05/03/25 CNY 21.59
PENGSHAN DEVELOPMEN 7.98 05/03/25 CNY 20.48
PENGZE CITY DEVELOP 7.60 08/31/25 CNY 20.75
PENGZE CITY DEVELOP 7.60 08/31/25 CNY 20.75
PINGLIANG CHENGXIAN 7.80 03/29/26 CNY 41.62
PINGLIANG CHENGXIAN 7.80 03/29/26 CNY 41.40
PUDING YELANG STATE 8.00 03/13/25 CNY 20.22
PUDING YELANG STATE 8.00 03/13/25 CNY 20.07
PUDING YELANG STATE 7.79 11/13/24 CNY 20.01
PUER CITY SI MAO GU 7.50 03/14/26 CNY 41.91
PUER CITY SI MAO GU 7.50 03/14/26 CNY 41.44
QIANDONGNAN TRANSPO 8.00 01/15/27 CNY 63.43
QIANDONGNAN TRANSPO 8.00 01/15/27 CNY 63.42
QIANNANZHOU INVESTM 8.00 01/02/26 CNY 41.23
QIANXINAN AUTONOMOU 8.00 06/22/27 CNY 63.89
QIANXINAN PREFECTUR 7.99 06/10/27 CNY 62.96
QIANXINAN PREFECTUR 7.99 06/10/27 CNY 60.00
QIANXINAN WATER RES 7.50 09/25/27 CNY 64.94
QIANXINAN WATER RES 7.50 09/25/27 CNY 64.93
QINGHAI PROVINCIAL 7.88 03/22/21 USD 1.58
QINGZHEN CITY CONST 7.50 03/18/26 CNY 41.47
QINGZHEN CITY CONST 7.50 03/18/26 CNY 41.46
QINGZHOU HONGYUAN P 7.60 06/17/27 CNY 48.25
QINGZHOU HONGYUAN P 7.60 06/17/27 CNY 48.23
QINZHOU BINHAI NEW 7.70 08/15/26 CNY 42.38
QINZHOU BINHAI NEW 7.70 08/15/26 CNY 42.37
QUJING CITY QILIN D 8.50 01/21/26 CNY 41.47
QUJING CITY QILIN D 8.50 01/21/26 CNY 40.00
RENHUAI WATER INVES 8.00 12/26/25 CNY 40.73
RENHUAI WATER INVES 7.98 07/26/25 CNY 20.68
RENHUAI WATER INVES 7.98 02/24/25 CNY 20.15
RUCHENG SHUNXING IN 7.50 01/07/26 CNY 41.20
RUCHENG SHUNXING IN 7.50 01/07/26 CNY 40.00
RUDONG NEW WORLD IN 7.50 12/06/26 CNY 63.00
RUDONG NEW WORLD IN 7.50 12/06/26 CNY 60.00
RUILI RENLONG INVES 8.00 09/20/26 CNY 42.05
SHAANXI XIYUE HUASH 7.50 12/27/26 CNY 62.88
SHAANXI XIYUE HUASH 7.50 12/27/26 CNY 62.30
SHANDONG HONGHE HOL 7.50 01/29/26 CNY 41.14
SHANDONG OCEAN CULT 7.50 04/25/26 CNY 41.64
SHANDONG OCEAN CULT 7.50 03/28/26 CNY 41.56
SHANDONG RENCHENG R 7.50 01/23/26 CNY 41.07
SHANDONG RUYI TECHN 7.90 09/18/23 CNY 52.10
SHANDONG SANXING GR 7.90 08/30/27 CNY 58.00
SHANDONG URBAN CAPI 7.50 04/12/26 CNY 41.55
SHANDONG URBAN CAPI 7.50 04/12/26 CNY 40.00
SHANGLI GANXIANG CI 7.80 01/22/26 CNY 41.10
SHANGLI GANXIANG CI 7.80 01/22/26 CNY 40.49
SHANGLI GANXIANG CI 7.50 06/01/25 CNY 20.47
SHANGLI GANXIANG CI 7.50 06/01/25 CNY 20.42
SHANGRAO GUANGXIN U 7.95 07/24/25 CNY 20.67
SHANGRAO GUANGXIN U 7.95 07/24/25 CNY 20.67
SHANXI JINZHONG STA 7.50 05/05/26 CNY 41.73
SHAOYANG SAISHUANGQ 8.00 11/28/25 CNY 41.03
SHAOYANG SAISHUANGQ 8.00 11/28/25 CNY 40.00
SHEHONG STATE OWNED 7.60 10/25/25 CNY 20.88
SHEHONG STATE OWNED 7.60 10/22/25 CNY 20.87
SHEHONG STATE OWNED 7.50 08/22/25 CNY 20.71
SHEHONG STATE OWNED 7.60 10/25/25 CNY 20.00
SHEHONG STATE OWNED 7.60 10/22/25 CNY 20.00
SHEHONG STATE OWNED 7.50 08/22/25 CNY 20.00
SHENWU ENVIRONMENTA 9.00 03/14/19 CNY 12.00
SHEYANG URBAN CONST 7.80 11/27/24 CNY 20.03
SHEYANG URBAN CONST 7.80 11/27/24 CNY 20.03
SHIFANG CITY NATION 8.00 12/05/25 CNY 41.09
SHIFANG CITY NATION 8.00 12/05/25 CNY 40.00
SHIYAN CITY CHENGTO 7.80 02/13/26 CNY 44.82
SHUANGYASHAN DADI C 8.50 12/16/26 CNY 63.53
SHUANGYASHAN DADI C 8.50 12/16/26 CNY 63.52
SHUANGYASHAN DADI C 8.50 08/26/26 CNY 42.77
SHUANGYASHAN DADI C 8.50 08/26/26 CNY 42.76
SHUANGYASHAN DADI C 8.50 04/30/26 CNY 42.08
SHUANGYASHAN DADI C 8.50 04/30/26 CNY 42.07
SHUOZHOU INVESTMENT 7.80 12/25/25 CNY 41.14
SHUOZHOU INVESTMENT 7.80 12/25/25 CNY 41.12
SHUOZHOU INVESTMENT 7.50 10/23/25 CNY 21.60
SHUOZHOU INVESTMENT 7.50 10/23/25 CNY 20.93
SICHUAN CHENG'A DEV 7.50 11/29/24 CNY 20.04
SICHUAN CHENG'A DEV 7.50 11/29/24 CNY 20.00
SICHUAN COAL INDUST 7.70 01/09/18 CNY 45.00
SICHUAN LANGUANG DE 7.50 07/23/22 CNY 42.00
SICHUAN LANGUANG DE 7.50 08/12/21 CNY 12.63
SICHUAN LANGUANG DE 7.50 07/11/21 CNY 12.63
SIYANG JIADING INDU 7.50 12/14/25 CNY 41.86
SIYANG JIADING INDU 7.50 12/14/25 CNY 41.00
SIYANG JIADING INDU 7.50 04/27/25 CNY 20.40
SIYANG JIADING INDU 7.50 04/27/25 CNY 20.40
TAHOE GROUP CO LTD 7.50 08/15/20 CNY 24.00
TAHOE GROUP CO LTD 8.50 08/02/21 CNY 2.37
TAHOE GROUP CO LTD 7.50 10/10/20 CNY 2.20
TAHOE GROUP CO LTD 7.50 09/19/21 CNY 2.17
TAIXING CITY CHENGX 7.60 04/24/26 CNY 41.78
TAIXING CITY CHENGX 7.60 04/04/26 CNY 41.69
TAIXING CITY CHENGX 7.80 03/05/26 CNY 41.49
TAIXING CITY CHENGX 7.60 04/24/26 CNY 40.00
TAIXING CITY CHENGX 7.60 04/04/26 CNY 40.00
TAIXING CITY CHENGX 7.80 03/05/26 CNY 40.00
TAIXING XINGHUANG I 8.50 11/15/25 CNY 40.82
TAIXING XINGHUANG I 8.50 11/15/25 CNY 39.59
TAIZHOU FENGCHENGHE 7.90 12/29/24 CNY 20.12
TAIZHOU FENGCHENGHE 7.90 12/29/24 CNY 20.00
TAIZHOU HUACHENG ME 8.50 12/26/25 CNY 41.36
TAIZHOU HUACHENG ME 8.50 12/26/25 CNY 40.00
TANCHENG COUNTY CIT 7.50 04/09/26 CNY 41.58
TANCHENG COUNTY CIT 7.50 04/09/26 CNY 40.00
TANGSHAN HOLDING DE 7.60 05/16/25 CNY 20.48
TANGSHAN HOLDING DE 7.60 05/16/25 CNY 20.35
TAOYUAN COUNTY CONS 8.00 10/17/26 CNY 42.83
TAOYUAN COUNTY CONS 7.50 09/11/26 CNY 42.42
TAOYUAN COUNTY CONS 8.00 10/17/26 CNY 40.00
TAOYUAN COUNTY CONS 7.50 09/11/26 CNY 40.00
TAOYUAN COUNTY ECON 8.20 09/06/25 CNY 21.25
TAOYUAN COUNTY ECON 8.20 09/06/25 CNY 20.86
TEMPUS GROUP CO LTD 7.50 06/07/20 CNY 2.00
TENGCHONG SHIXINGBA 7.50 05/05/26 CNY 51.56
TIANJIN REAL ESTATE 7.70 03/16/21 CNY 21.49
TONGCHENG CITY CONS 7.50 07/23/25 CNY 20.64
TONGCHENG CITY CONS 7.50 07/23/25 CNY 20.00
TONGHUA FENGYUAN IN 7.80 04/30/26 CNY 41.70
TONGHUA FENGYUAN IN 8.00 12/18/25 CNY 41.17
TONGHUA FENGYUAN IN 7.80 04/30/26 CNY 41.16
TONGHUA FENGYUAN IN 8.00 12/18/25 CNY 40.00
TONGREN WATER GROUP 8.00 11/29/28 CNY 73.50
TONGXIANG CHONGDE I 7.88 11/29/25 CNY 41.70
TONGXIANG CHONGDE I 7.88 11/29/25 CNY 41.10
TUNGHSU GROUP CO LT 8.18 10/25/21 CNY 22.00
WEIHAI LANCHUANG CO 7.70 10/11/25 CNY 20.90
WEIHAI LANCHUANG CO 7.70 10/11/25 CNY 20.82
WEIHAI WENDENG URBA 7.50 03/04/29 CNY 73.00
WEIHAI WENDENG URBA 7.70 05/02/28 CNY 64.19
WEIHAI WENDENG URBA 7.70 05/02/28 CNY 62.50
WEINAN CITY INDUSTR 7.50 06/30/27 CNY 63.67
WEINAN CITY INDUSTR 7.50 06/30/27 CNY 60.00
WEINAN CITY INDUSTR 7.50 04/28/26 CNY 41.63
WEINAN CITY INDUSTR 7.50 04/28/26 CNY 40.00
WINTIME ENERGY GROU 7.50 04/04/21 CNY 43.63
WINTIME ENERGY GROU 7.90 03/29/21 CNY 43.63
WINTIME ENERGY GROU 7.90 12/22/20 CNY 43.63
WINTIME ENERGY GROU 7.50 12/06/20 CNY 43.63
WINTIME ENERGY GROU 7.50 11/16/20 CNY 43.63
WINTIME ENERGY GROU 7.70 11/15/20 CNY 43.63
WUSU CITY XINGRONG 7.50 10/25/25 CNY 20.82
WUSU CITY XINGRONG 7.50 10/25/25 CNY 20.00
WUXUE URBAN CONSTRU 7.50 04/12/26 CNY 41.46
WUXUE URBAN CONSTRU 7.50 04/12/26 CNY 40.00
WUZHOU CANGHAI CONS 8.00 05/31/28 CNY 64.79
WUZHOU CITY CONSTRU 7.90 03/26/29 CNY 73.20
XIAN LINTONG URBAN 7.69 04/22/26 CNY 41.73
XIAN LINTONG URBAN 7.69 04/22/26 CNY 40.00
XIFENG COUNTY URBAN 8.00 03/14/26 CNY 41.29
XINFENG COUNTY URBA 7.80 04/16/26 CNY 41.88
XINFENG COUNTY URBA 7.80 04/16/26 CNY 41.81
XINFENG COUNTY URBA 7.80 12/05/25 CNY 41.14
XINFENG COUNTY URBA 7.80 12/05/25 CNY 40.00
XINGYI XINHENG URBA 8.00 11/21/25 CNY 40.90
XINGYI XINHENG URBA 8.00 11/21/25 CNY 40.61
XINGYI XINHENG URBA 7.90 01/31/25 CNY 20.11
XINGYI XINHENG URBA 7.90 01/31/25 CNY 20.00
XINPING URBAN DEVEL 7.70 01/24/26 CNY 41.30
XINYU CITY YUSHUI D 7.50 09/24/26 CNY 42.49
XIPING COUNTY INDUS 7.50 12/26/24 CNY 20.11
XIPING COUNTY INDUS 7.50 12/26/24 CNY 20.00
XUZHOU CITY JIAWANG 7.98 05/06/26 CNY 41.92
XUZHOU CITY JIAWANG 7.88 01/28/26 CNY 40.58
XUZHOU CITY JIAWANG 7.98 05/06/26 CNY 40.50
XUZHOU CITY JIAWANG 7.88 01/28/26 CNY 40.45
YANCHENG URBANIZATI 7.50 03/04/27 CNY 63.65
YANGLING URBAN RURA 7.80 06/19/26 CNY 42.11
YANGLING URBAN RURA 7.80 02/20/26 CNY 41.46
YANGLING URBAN RURA 7.80 06/19/26 CNY 40.00
YANGLING URBAN RURA 7.80 02/20/26 CNY 40.00
YIBIN NANXI CAIYUAN 8.10 11/28/25 CNY 41.19
YIBIN NANXI CAIYUAN 8.10 11/28/25 CNY 41.10
YIBIN NANXI CAIYUAN 8.10 07/24/25 CNY 20.58
YIBIN NANXI CAIYUAN 8.10 07/24/25 CNY 20.00
YICHANG CHUANGYUAN 7.80 11/06/25 CNY 20.96
YINGKOU BEIHAI NEW 7.98 01/25/25 CNY 20.21
YINGKOU BEIHAI NEW 7.98 01/25/25 CNY 20.21
YINGTAN JUNENG INVE 8.00 05/06/26 CNY 41.99
YINGTAN JUNENG INVE 8.00 05/06/26 CNY 40.00
YIYANG COUNTY CITY 7.90 11/05/25 CNY 40.96
YIYANG COUNTY CITY 7.90 11/05/25 CNY 22.01
YIYANG COUNTY CITY 7.50 06/07/25 CNY 20.50
YIYANG COUNTY CITY 7.50 06/07/25 CNY 20.00
YIYANG LONGLING CON 7.60 01/23/26 CNY 41.14
YIYANG LONGLING CON 7.60 01/23/26 CNY 40.30
YIYUAN HONGDING ASS 7.50 08/17/25 CNY 21.15
YIYUAN HONGDING ASS 7.50 08/17/25 CNY 20.67
YONGAN STATE-OWNED 8.50 11/26/25 CNY 41.15
YONGAN STATE-OWNED 8.50 11/26/25 CNY 40.00
YONGCHENG COAL & EL 7.50 02/02/21 CNY 39.88
YONGXIU CITY CONSTR 7.80 08/27/25 CNY 20.60
YONGXIU CITY CONSTR 7.50 05/02/25 CNY 20.32
YONGXIU CITY CONSTR 7.80 08/27/25 CNY 20.00
YONGXIU CITY CONSTR 7.50 05/02/25 CNY 20.00
YOUYANG COUNTY TAOH 7.50 09/28/25 CNY 20.79
YUANJIANG CITY CONS 7.50 01/18/26 CNY 41.23
YUANJIANG CITY CONS 7.50 01/18/26 CNY 41.22
YUDU ZHENXING INVES 7.50 05/03/25 CNY 20.49
YUDU ZHENXING INVES 7.50 05/03/25 CNY 20.41
YUEYANG CITY JUNSHA 7.96 03/13/27 CNY 63.92
YUEYANG CITY JUNSHA 7.96 03/13/27 CNY 60.51
YUEYANG CITY JUNSHA 7.96 04/23/26 CNY 41.77
YUEYANG CITY JUNSHA 7.96 04/23/26 CNY 40.00
YUEYANG HUILIN INVE 7.50 12/23/26 CNY 62.85
YUEYANG HUILIN INVE 7.50 12/23/26 CNY 60.00
YUSHEN ENERGY DEVEL 7.50 05/07/27 CNY 63.90
YUSHEN ENERGY DEVEL 7.50 05/07/27 CNY 60.00
YUTAI XINDA ECONOMI 7.50 04/10/26 CNY 41.58
ZHANGJIAJIE LOULI T 7.50 03/26/26 CNY 41.56
ZHANGJIAJIE LOULI T 7.50 03/26/26 CNY 41.55
ZHANGZI NATIONAL OW 7.50 10/18/26 CNY 42.52
ZHANGZI NATIONAL OW 7.50 10/18/26 CNY 40.00
ZHEJIANG CHANGXING 7.50 05/16/26 CNY 41.74
ZHEJIANG CHANGXING 7.50 05/16/26 CNY 41.60
ZHEJIANG CHANGXING 7.50 12/26/25 CNY 41.11
ZHEJIANG CHANGXING 7.50 12/26/25 CNY 40.00
ZHEJIANG HUZHOU NAN 7.80 08/21/25 CNY 19.91
ZHEJIANG WUYI CITY 8.00 12/21/25 CNY 41.23
ZHEJIANG WUYI CITY 8.00 12/21/25 CNY 41.23
ZHEJIANG WUYI CITY 8.00 08/10/25 CNY 20.81
ZHEJIANG WUYI CITY 8.00 08/10/25 CNY 20.00
ZHONGHONG HOLDING C 8.00 07/04/19 CNY 2.75
ZHONGTIAN FINANCIAL 8.50 08/16/27 CNY 31.04
ZHONGXIANG CITY CON 7.50 07/05/26 CNY 42.12
ZHONGXIANG CITY CON 7.50 07/05/26 CNY 40.00
ZHOUSHAN ISLANDS NE 7.50 01/30/27 CNY 58.95
ZHOUSHAN ISLANDS NE 7.50 01/30/27 CNY 55.00
ZHUZHOU HI-TECH AUT 8.00 08/14/25 CNY 25.94
ZIGUI COUNTY CHUYUA 7.80 02/12/28 CNY 64.24
ZIGUI COUNTY CHUYUA 7.80 02/12/28 CNY 60.00
ZIYANG KAILI INVEST 8.00 02/14/26 CNY 41.30
ZUNYI ROAD & BRIDGE 8.00 05/08/29 CNY 70.83
ZUNYI TRAFFIC TRAVE 7.80 03/07/29 CNY 74.66
HONG KONG
---------
CHINA SOUTH CITY HO 9.00 04/12/24 USD 28.83
CHINA SOUTH CITY HO 9.00 06/26/24 USD 28.25
CHINA SOUTH CITY HO 9.00 12/11/24 USD 27.89
CHINA SOUTH CITY HO 9.00 10/09/24 USD 27.88
HAINAN AIRLINES HON 12.00 10/29/21 USD 1.92
HONGKONG IDEAL INVE 14.75 10/08/22 USD 2.60
YANGO JUSTICE INTER 10.25 09/15/22 USD 0.40
YANGO JUSTICE INTER 7.50 04/15/24 USD 0.39
YANGO JUSTICE INTER 9.25 04/15/23 USD 0.22
YANGO JUSTICE INTER 7.50 02/17/25 USD 0.16
YANGO JUSTICE INTER 8.25 11/25/23 USD 0.15
YANGO JUSTICE INTER 7.88 09/04/24 USD 0.13
YANGO JUSTICE INTER 10.00 02/12/23 USD 0.12
YANGO JUSTICE INTER 10.25 03/18/22 USD 0.01
ZENSUN ENTERPRISES 12.50 04/23/24 USD 5.38
ZENSUN ENTERPRISES 12.50 09/13/23 USD 5.25
INDONESIA
---------
WIJAYA KARYA PERSER 9.10 03/03/26 IDR 74.57
WIJAYA KARYA PERSER 9.10 03/03/26 IDR 74.33
WIJAYA KARYA PERSER 8.50 03/03/26 IDR 73.91
WIJAYA KARYA PERSER 8.50 03/03/26 IDR 73.91
WIJAYA KARYA PERSER 8.55 09/08/26 IDR 68.44
WIJAYA KARYA PERSER 8.55 09/08/26 IDR 68.21
WIJAYA KARYA PERSER 10.50 11/03/27 IDR 65.31
WIJAYA KARYA PERSER 10.50 11/03/27 IDR 65.31
WIJAYA KARYA PERSER 10.90 11/03/29 IDR 64.92
WIJAYA KARYA PERSER 10.90 11/03/29 IDR 64.92
WIJAYA KARYA PERSER 7.75 02/18/27 IDR 63.84
WIJAYA KARYA PERSER 7.75 02/18/27 IDR 63.52
WIJAYA KARYA PERSER 9.75 03/03/28 IDR 63.03
WIJAYA KARYA PERSER 9.85 12/18/27 IDR 62.93
WIJAYA KARYA PERSER 9.75 03/03/28 IDR 62.87
WIJAYA KARYA PERSER 9.85 12/18/27 IDR 62.64
WIJAYA KARYA PERSER 9.25 09/08/28 IDR 60.80
WIJAYA KARYA PERSER 9.25 09/08/28 IDR 60.75
WIJAYA KARYA PERSER 8.30 02/18/29 IDR 58.02
WIJAYA KARYA PERSER 8.30 02/18/29 IDR 57.97
WIJAYA KARYA PERSER 8.60 12/18/25 IDR 55.84
INDIA
-----
BHARAT SANCHAR NIGA 7.55 03/20/34 INR 63.39
IIFL SAMASTA FINANC 10.75 02/24/25 INR 30.86
IKF FINANCE LTD 10.60 03/27/25 INR 25.04
IKF HOME FINANCE LT 10.85 08/31/26 INR 74.73
MAHANAGAR TELEPHONE 7.51 03/06/34 INR 51.29
PIRAMAL CAPITAL & H 8.50 04/18/23 INR 34.25
MALAYSIA
--------
CAPITAL A BHD 8.00 12/29/28 MYR 0.96
PHILIPPINES
-----------
BAYAN TELECOMMUNICA 15.00 07/15/06 USD 15.00
BAYAN TELECOMMUNICA 15.00 07/15/06 USD 15.00
SINGAPORE
---------
BAKRIE TELECOM PTE 11.50 05/07/15 USD 0.59
BLD INVESTMENTS PTE 8.63 03/23/15 USD 6.75
DAVOMAS INTERNATION 11.00 05/09/11 USD 0.33
DAVOMAS INTERNATION 11.00 05/09/11 USD 0.33
DAVOMAS INTERNATION 11.00 12/08/14 USD 0.33
DAVOMAS INTERNATION 11.00 12/08/14 USD 0.33
ENERCOAL RESOURCES 9.25 08/05/14 USD 45.75
ITNL OFFSHORE PTE L 7.50 01/18/21 CNY 22.30
MICLYN EXPRESS OFFS 8.75 11/25/18 USD 0.76
NOMURA INTERNATIONA 19.50 08/28/28 TRY 64.85
NOMURA INTERNATIONA 7.65 10/04/37 AUD 64.33
ORO NEGRO DRILLING 7.50 01/24/24 USD 0.50
RICKMERS MARITIME 8.45 05/15/17 SGD 5.00
SWIBER HOLDINGS LTD 7.75 09/18/17 CNY 6.13
SOUTH KOREA
-----------
KOSME SCALE-UP SECU 24.00 12/30/24 KRW 73.64
KOSME SCALE-UP SECU 20.00 12/29/25 KRW 70.05
SAMPYO CEMENT CO LT 8.10 06/26/15 KRW 70.00
SAMPYO CEMENT CO LT 8.10 04/12/15 KRW 70.00
SAMPYO CEMENT CO LT 8.30 09/10/14 KRW 70.00
SAMPYO CEMENT CO LT 7.50 07/20/14 KRW 70.00
SAMPYO CEMENT CO LT 8.30 04/20/14 KRW 70.00
KOSME SCALE-UP SECU 20.00 03/30/25 KRW 68.15
KOSME SCALE-UP SECU 20.00 03/30/25 KRW 68.15
SRI LANKA
---------
SRI LANKA GOVERNMEN 12.40 05/15/31 LKR 72.61
SRI LANKA GOVERNMEN 12.40 06/15/32 LKR 69.54
SRI LANKA GOVERNMEN 7.50 01/15/33 LKR 66.55
SRI LANKA GOVERNMEN 7.50 02/15/34 LKR 63.79
SRI LANKA GOVERNMEN 7.50 03/15/35 LKR 61.46
SRI LANKA GOVERNMEN 7.50 04/15/36 LKR 59.49
SRI LANKA GOVERNMEN 12.40 05/15/37 LKR 57.86
SRI LANKA GOVERNMEN 12.40 06/15/38 LKR 56.81
SRI LANKA GOVERNMEN 7.85 03/14/29 USD 62.57
SRI LANKA GOVERNMEN 7.85 03/14/29 USD 62.56
SRI LANKA GOVERNMEN 7.55 03/28/30 USD 62.05
SRI LANKA GOVERNMEN 7.55 03/28/30 USD 62.02
*********
S U B S C R I P T I O N I N F O R M A T I O N
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