Hong Kong’s Tai Lin Electric Appliances Suffers Bankruptcy
Source: http://www.chinaretailnews.com/2008/10/22/1607-hong-kongs-tai-lin-electric-appliances-suffers-bankruptcy/Posted on Tuesday, October 21st, 2008 | In China
Contributed by: China Retail News (http://ChinaRetailNews.com) -
Because of about HKD100 million debt and other financial problems, Tai Lin Radio Service, the Hong Kong-based 62 years’ old appliances store announced its bankruptcy on October 17, 2008 and sales from its 13 stores have been suspended.
Lin Zuoli, chairman of Tai Lin, told local media that many problems, including high store rents, the global [...]
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Tags for this Post:
China, Hong Kong, Lin Zuoli, local media, Tai Lin, Tai Lin Electric Appliances Suffers Bankruptcy Because, Tai Lin Radio Service
China, Hong Kong, Lin Zuoli, local media, Tai Lin, Tai Lin Electric Appliances Suffers Bankruptcy Because, Tai Lin Radio Service
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