Pacific Andes International - Fischkonzern aus HongKong - 500 Beiträge pro Seite

[R-BgO]

..zahlt aktuell ca. 4,7% Dividende;

Profil: http://www.pacificandes.com/html/ir_home.php

Established in 1986 and listed on the Mainboard of The Stock Exchange of Hong Kong Limited in 1994, Pacific Andes International Holdings Limited (1174.HK, "Pacific Andes" or the "Group") is a fully integrated group of companies with operations across the entire seafood value chain which includes harvesting, sourcing, ocean logistics and transportation, food safety testing, processing and distribution of frozen fish products, as well as fishmeal and fish oil. The Group's businesses span across the world with particular emphasis in the China market while it has processing factories located in China, Japan, North America and Peru. Today, Pacific Andes is one of the world's largest fishing group, supplier of frozen fish into the China market and fish fillet producer.

Pacific Andes' resource development and supply chain management division, Pacific Andes Resources Development Limited ("PARD"), and its industrial fishing arm, China Fishery Group Limited ("China Fishery"), were listed on the Singapore Exchange in 1996 and 2006 respectively.

[R-BgO]

Pacific Andes (HKG:1174) FY11 net profit $357M, down 27.5%, div 3.6 ct

[Date:12-28-2011] Source: Infocast News
Results of Pacific Andes International Holdings Limited (HKG:1174) for the fiscal year ended 28 September 2011:

Net profit: HK$357.434M, down 27.5% YoY
EPS: HK 11.6 cents
Final dividend: HK 3.6 cents

[R-BgO]

Kapitalerhöhung um 50%: http://www.pacificandes.com/attachment/2012031518392917_en.p…

zeichnen?

[R-BgO]

billig ist das nicht:

ISSUANCE OF US$300 MILLION 9.75% SENIOR NOTES DUE 2019 BY
CFG INVESTMENT S.A.C., A SUBSIDIARY OF
PACIFIC ANDES INTERNATIONAL HOLDINGS LIMITED

This announcement is made pursuant to Rule 13.09(1) of the Listing Rules.

The Board is pleased to announce that the Issuer, the Parent Guarantor and the Subsidiary
Guarantors have on 24 July 2012 entered into a purchase agreement with the Initial
Purchasers in connection with the issuance of the Notes.

The Notes are expected to be issued on or about 30 July 2012.

The net proceeds from the issuance of the Notes will be approximately US$290 million
(approximately HK$2,262 million). The Issuer intends to use the net proceeds from the
Notes to (1) fund the expansion of the Group’s fishing operations in the North Pacific
Ocean, including but not limited to prepayment of an existing long-term supply agreement
dated 16 July 2012 and entering into new long-term supply agreements; (2) repay
outstanding indebtedness; and/or (3) finance working capital and for general corporate
purposes.

As previously announced, approval-in-principle has been obtained for the listing of the
Notes on the SGX-ST. Admission of the Notes to the official list of the SGX-ST should not
be taken as an indication of the merits of the Company, the Issuer or the Notes. No listing
of the Notes has been or will be sought in Hong Kong.

[R-BgO]

Antwort auf Beitrag Nr.: 43.461.331 von R-BgO am 06.08.12 15:09:27

offenbar dafür: http://www.pacificandes.com/attachment/201207162302010014653…

aber echt, alles im voraus bezahlen...??

[R-BgO]

2013er-Zahlen kamen kurz vor Weihnachten

Divi stabil bei 4%, KGV bei 3,4

notiert bei einem Sechstel des Buchwerts

was ist falsch?

der Kurs oder die Zahlen?

[R-BgO]

http://www.undercurrentnews.com/2013/06/20/pacific-andes-aff…

[R-BgO]

Sie steigen bei Tassal aus, brauchen vielleicht Geld:


THE DISPOSAL
Reference is made to the announcements of the Company dated 8 December 2010, 7
January 2011, 18 February 2011 and 23 November 2011 in relation to the acquisition of
approximately 22.76% equity interests in Tassal by PARD, an indirect non-wholly owned
subsidiary of the Company. As at the date of this announcement, PARD, through the
Vendor (an indirect wholly-owned subsidiary of PARD), is interested in approximately
22.73% equity interests in Tassal.

On 29 May 2014, the Vendor and the Lead Manager entered into the Agreement pursuant
to which the Vendor agreed to sell, and the Lead Manager agreed to procure purchasers
for, or failing which, to purchase, the Sale Shares, on a fully underwritten basis at the total
consideration of A$96,725,000 (approximately HK$695.5 million) in accordance with the
terms of the Agreement. The Sale Shares represent approximately 18.09% equity interests
in Tassal as at the date of the Agreement.

The net proceeds from the Disposal is approximately A$94.9 million (approximately
HK$682.3 million) (after deduction of all expenses relating to the Disposal). The cash
generated will be largely utilised to reduce PARD’s gearing and finance cost.

[R-BgO]

Auszug aus Announcement vom 27.10.:

"Having made such enquiry in relation to the Company as is reasonable in the circumstances,
the Board confirms that, save as set out below, it is not aware of any reasons for such price
and/or volume movements or of any information which must be announced to avoid a false
market in the Company’s securities or of any inside information that needs to be disclosed
under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong
Kong) (the “SFO”).

The Board wishes to state that the Company is in negotiations with certain financial
institutions regarding a possible fund raising exercise, and the exercise may be in the form of
debt, or equity or a combination of them. However, no binding terms or agreements have been
entered into in such respect as at the date of this announcement. The negotiations are still in
progress and the aforesaid fund raising exercise therefore may or may not proceed.
The Company will make further announcement(s) as and when appropriate pursuant to the
requirements under the Rules Governing the Listing of Securities on the Stock Exchange and
the SFO."

[R-BgO]

Antwort auf Beitrag Nr.: 48.211.048 von R-BgO am 03.11.14 22:58:02

ist 'ne FETTE Kapitalerhöhung geworden: um 50% und mit steep discount

http://www.pacificandes.com/attachment/201411250717010020594…


werde deswegen wohl mitmachen und mal schauen, wie sich das Groschengrab weiter entwickelt

[R-BgO]

die beiden Töchter haben schon am Sonntag Zahlen gemeldet: http://www.pacificandes.com/attachment/2014112323252417_en.p…


beide operativ im Plus, aber China Fishery netto im Minus w-höherer Finanzkosten

insoweit macht eine KE sicher Sinn

[R-BgO]

Antwort auf Beitrag Nr.: 48.408.284 von R-BgO am 25.11.14 14:37:34

Stücke aus KE eingebucht;

JA ist da, Gewinn +32,6%, Divi ausgesetzt

[R-BgO]

Habe mich jetzt mal durch die Flut an Announcements seit Juni gekämpft:

-zuerst gab es ein Thema "Refi bei CFG", das durch eine Garantie von weiter oben gelöst werden sollte; weil das aber eine Bedeutsamkeitsschwelle überschritt, sollte ein Circular an alle Aktionäre dazu rausgebracht werden

-das Circular wurde dann immer wieder verschoben und ist bis heute nicht da

-am 20.8. gab es Infoanforderungen an CFG und PADH von den Aufsichtsbehörden in HK

-am 29.8. trat der CFG-Director Patrick Thomas Siebert zurück; SIC!: er war im Audit- & Risk Management Committee

-am 8.10. teilte PAIH mit, dass sie die cash-flow Planungen überprüfen müssten; el Nino sei schuld

-am 25.11. wurden in HK Liquidators für CFG bestellt!

-am 26.11. gab es einen trading halt für PAIH

-am 29.11. erst gab es die Info vom 25.11.

Seitdem geht es zu wie im Taubenschlag:
-die Board Members in allen drei entities kommen und gehen
-eine Reihe von CFG-Gesellschaften befinden sich inzwischen im Liquidationsverfahren

aber was inhaltlich eigentlich passiert ist, bleibt weiter unklar. Kein Ton dazu.... und die Aktie bleibt weiter ausgesetzt.

=> die Story erlebe ich jetzt zum wiederholten Mal (Trony Solar, Hanergy,...) und ich fürchte sie wird nicht gut enden

[R-BgO]

EXECUTION OF DEED OF UNDERTAKING WITH KEY BANK LENDERS

The Group and PARD are announcing the execution of the Deed in favour of the Majority
Club Lenders.

In consideration of these undertakings provided by the PA Group Parties, each of the
Majority Club Lenders will support the removal of the provisional liquidators and
dismissal of the winding up petitions at the hearings before the Courts in Hong Kong and
the Cayman Islands.


EXECUTION OF DEED OF UNDERTAKING WITH KEY BANK LENDERS

This announcement is made by Pacific Andes International Holdings Limited (the
“Company”, which, together with its subsidiaries, the “Group”) pursuant to Rule 13.09(2)
and 13.25(1)(b) of the Rules (the “Listing Rules”) Governing the Listing of Securities on
The Stock Exchange of Hong Kong Limited and the Inside Information Provisions (as
defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance,
Chapter 571 of the Laws of Hong Kong.

Reference is made to the overseas regulatory announcement of the Company dated 29
November 2015 in relation to the court orders on the appointment of provisional liquidators
(the “PL Appointments”) of China Fishery Group Limited (“CFGL”) and its indirect
wholly-owned subsidiary, China Fisheries International Limited (“CFIL”). CFGL and its
subsidiaries shall be referred to as the “CF Group”.

Shortly before the PL Appointments, Pacific Andes Resources Development Limited, an
indirect non-wholly-owned subsidiary of the Company, and the Company (collectively, the
“PA Group Parties”) were exploring the sale of the CF Group’s Peruvian business and/or
assets (the “Peruvian Business”) when the Group was informed of the PL Appointments.

The PL appointments notwithstanding, the Group had on 23 and 24 December 2015
respectively received non-binding memorandums of understanding signed by two prospective
buyers. Each prospective buyer proposes to purchase the Peruvian Business at an indicative
enterprise value of US$1.7 billion (equivalent to approximately HK$13.3 billion).

The board of directors of the Company (the “Board”) believes that it is in the best interest of
the Company and its shareholders that the Company enter into a deed of undertaking (the
“Deed”) in favour of three of the Group’s bank lenders of its club loan which hold a majority
of the borrowings under the club loan (the “Majority Club Lenders”) and The High Court of
the Hong Kong Special Administrative Region (the “HK Court”) so that it can continue the
sales process for the Peruvian Business so as to secure the best possible value for the disposal
of the Peruvian Business as well as to commit to the Majority Club Lenders to investigate the
issues raised in connection with the PL Appointments and in support of its actions in the HK
Court to dispense with the provisional liquidators.

Accordingly, on 28 December 2015 (after trading hours), the PA Group Parties executed the
Deed in favour of the Majority Club Lenders and the HK Court.

It is stated in the Deed that the parties to the Deed are concerned to ensure that the sales
process for the Peruvian Business is conducted in a transparent way which maximizes value
for all creditors concerned and the stakeholders.

Pursuant to the Deed, the PA Group Parties undertook and covenanted in favour of the
Majority Club Lenders that the PA Group Parties shall procure, among other things, the
following:

(a) the engagement of an independent accounting firm to undertake an independent
reporting accountant role (the “Reporting Accountant Engagement”) and to conduct
an independent forensic review (the “Forensic Engagement”) in relation to the
financial aspects of the Group;

(b) the engagement of an independent accounting firm to undertake the Reporting
Accountant Engagement and the Forensic Engagement for lenders to the CF Group
within five business days of the PL Appointments being dismissed;

(c) the appointment of a chief restructuring officer (the “CRO”) who shall have board
observer rights and who shall be entitled to receive the same information and documents
provided to the board of directors of PARD and/or the Board. Further, in the event that
the PL Appointments are being dismissed or withdrawn, the CRO appointment will be
extended to the CF Group and the scope of work will include in particular an active
involvement in the sales process of the CF Group’s Peruvian Business;

(d) in the event of the PL Appointments being dismissed or withdrawn, the Company and
PARD shall, as soon as possible, consult the Majority Club Lenders on the constitution
of the board of directors of CFGL and the companies in the CF Group as well as to
reasonably procure upon request of the Majority Club Lenders any change in board
member(s) of CFGL and companies in the CF Group;

(e) the appointment of a new chief financial officer for the Company and PARD (and the CF
Group (if appropriate)) by 30 March 2016 (or such later date) and who shall be
reasonably acceptable to the Majority Club Lenders and the PA Group Parties;

(f) the disposal of certain properties owned by the Company and PARD in Hong Kong, with
such sales process involving the CRO in conjunction with the existing management and
to provide joint periodic updates to the lenders of the Company and PARD;

(g) periodic updates on the sales process for the Peruvian Business (on a full and
transparent basis) shall be made to the Majority Club Lenders and the CRO shall have
unfettered rights to communicate with the Majority Club Lenders as regards, amongst
other matters, the sales process for the Peruvian Business; and

(h) the execution of a guarantee by CFG Peru Investments Pte. Ltd., an indirect
wholly-owned subsidiary of CFGL in respect of the liabilities owed to all of the lenders
under the club loan by 15 January 2016 (subject to time extension(s) as agreed by the
Majority Club Lenders as may be reasonably required by the PA Group Parties to
procure the execution of the guarantee by CFG Peru Investments Pte. Ltd.).


In consideration of the undertakings provided by the PA Group Parties, each of the Majority
Club Lenders shall support:

• the removal of the provisional liquidators at the hearing before the HK Court on 30
December 2015 and the dismissal of the winding up petition at the subsequent hearing
before HK Court on 27 January 2016; and

• the dismissal of the winding up petition before the Grand Court of Cayman on 8 January
2016.


GENERAL
At the Company’s request, trading in the shares of the Company was halted from 9:00 a.m. on
26 November 2015, and will remain suspended until further notice. Shareholders and
potential investors of the Company should exercise caution when dealing in the shares of the
Company. The Company will keep the public informed of the latest development by making
further announcement(s) as and when appropriate.

CAUTIONARY NOTE
Shareholders of the Company are to note that the entry into of the Deed and the support of the
Majority Club Lenders may not necessarily result in the dismissal of the provisional
liquidators in CFGL and in CFIL.

By Order of the Board
Pacific Andes International Holdings Limited
Ng Puay Yee (Jessie)
Managing Director
Hong Kong, 31 December 2015

[R-BgO]

jetzt haben sie auch noch einen deutschen Insolvenzverwalter am Hals:

http://www.pacificandes.com/attachment/201603201832010000245…


der will schlappe 70 MEUR

[R-BgO]

Pacific Andes Group Announces a New Initiative in Restructuring Process

Hong Kong, 1 July, 2016: Pacific Andes Group in conjunction with its subsidiary, China Fishery Group Limited (“CFGL”), announced today a new initiative in its restructuring process. The companies have initiated a self-rehabilitation process through voluntary court filings which will expand the range of options available for resolving current issues with their borrowings. This includes an enhanced ability to derive value from existing assets and a broadening of the scope of strategies available to satisfy their creditors.

“It has always been our objective to provide the best possible outcome for our creditors. We have demonstrated our sincerity on this over the last six months, including through the appointment of Chief Restructuring Officers, and the steps we have taken on the process for the sale of CFG’s Peruvian fishmeal and fish oil business,” said Ms Jessie Ng, Group Managing Director.

“As we stand today, we have a deeper understanding of the strategic options available to us to satisfy our creditors and at the same time to ensure that going forward there is a sustainable business which is of value to all stakeholders. Therefore, it is important that we put in place this new initiative, overseen by courts or other transparent bodies, which will allow us to act in the best interests of all stakeholders without the threat of a forced liquidation by any one of our creditors which would destroy value for all. It is in all stakeholders' interests to avoid a repetition of the highly destructive impact we witnessed in November 2015 when provisional liquidators were suddenly and forcefully imposed on CFGL”, said Ms Ng.

“To be clear, this action we have taken is designed to deliver three immediate outcomes. Firstly, it will allow us to continue our efforts towards realizing the maximum value for creditors. Secondly, it will protect the businesses from sudden or random actions by individual creditors which would destroy value for the majority of creditors and shareholders. Thirdly, it allows the flexibility to rehabilitate the businesses in open and transparent processes so that we can deliver a positive future for the benefit of creditors, shareholders and long term stakeholders,” Ms Ng added.

As a result of this initiative, no further immediate steps will be taken for the time being in the current process for the sale of CFG’s Peruvian fishmeal business while all available restructuring options are being evaluated. Both Pacific Andes Group and CFG will be continuing to work closely with their advisers, creditors, shareholders and all stakeholders on the full range of options to bring maximum value into the businesses while at the same time assuring the future long-term value proposition for the businesses.

[R-BgO]

Antwort auf Beitrag Nr.: 52.815.511 von R-BgO am 12.07.16 14:01:55

The Saga continues:

http://www.pacificandes.com/attachment/201608102102010000258…

[R-BgO]

Antwort auf Beitrag Nr.: 53.221.134 von R-BgO am 06.09.16 22:02:10

da ich nicht mehr erwarte, dass hier noch was zu retten ist,

buche ich die Position in "Desaparecidos" um und schaffe so etwas Platz im Excel

[R-BgO]

Antwort auf Beitrag Nr.: 53.221.134 von R-BgO am 06.09.16 22:02:10

http://www.pacificandes.com/attachment/201707281632020000287…

[R-BgO]

"RSM has advised that it currently expects to complete the final draft report by the end of January 2018, on the assumption that the requested information and interviews can be arranged in early to mid-January 2018."

=> gemeint ist der forensic report, ohne den nichts anderes geht...

[R-BgO]

desaparecido

[R-BgO]

desaparecido day

[R-BgO]

Antwort auf Beitrag Nr.: 57.895.734 von R-BgO am 03.06.18 09:09:21

Announcement von gestern:

http://www.pacificandes.com/attachment/201902131705020000339…

Auszug:

[R-BgO]

Antwort auf Beitrag Nr.: 59.871.505 von R-BgO am 14.02.19 10:38:22

[R-BgO]

Antwort auf Beitrag Nr.: 60.460.865 von R-BgO am 30.04.19 22:12:31

na super:

https://www.undercurrentnews.com/2019/05/02/report-amid-alle…

"By its own financial filings and company statements, Pacific Andes International Holdings (PAIH) generated some HKD 12.5 billion ($1.61bn) in 2014, making it the world's 13th largest seafood company by sales.

The problem is, that simply wasn't true, liquidators who have spent years investigating the group's internal financial records say.

"All evidence available to us, which is substantial, indicates these trading businesses to have been, largely, if not entirely, fictitious given (among many reasons) there is simply no evidence that any party paid money to any company that could have supplied fish," representatives of the firm FTI Consulting wrote in a report filed earlier this week to a New York bankruptcy court."

[R-BgO]

Antwort auf Beitrag Nr.: 51.324.393 von R-BgO am 17.12.15 11:22:27

WOW! Das ging fix:

Von der Handelsaussetzung zum Delisting in unter vier(!) Jahren: https://www1.hkexnews.hk/listedco/listconews/sehk/2019/0823/…