Taiwan TMT Faces Financial Crisis

2013-04-16

It is reported that recently Taiwan Maritime Transport(TMT)surprisingly faced the financial crisis, involving Mega, Cathay United Bank, Chinatrust, Wing Fung, First Bank and Land Bank in Taiwan. Syndicated loan is said to surpass 700 million dollars.

About the outgoing crisis difficulties, Taiwan TMT Manager Cai Qinwen said that ships are still in normal operation and salaries are also handed out in exact number. He just confirmed the company is in reconstruction nowadays.

Source from : CNSS

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