Shanghai Meilan Bankruptcy Liquidation Ends: How Did the Once-Iconic “National Face Cream” Become Insolvent? — BigGo Finance

Shanghai Meilan Cosmetics Co., Ltd., which once swept across China with its iconic tin-box face cream, has officially completed the final stage of bankruptcy liquidation. According to a ruling issued by the Shanghai Pudong New Area People’s Court, the legacy daily chemical enterprise had only 95,800 yuan (approximately $14,200) in disposable book assets, while confirmed…

Scottish builder in liquidation after HMRC court action

The appointment of the liquidator to Impact Contracts (Glasgow) Limited follows a petition to Glasgow Sheriff Court. The petition for His Majesty’s Revenue and Customs related to the winding up of the company based at Craigton Industrial Estate, and for a liquidator to be appointed. Liquidator appointed to Scottish building firm after HMRC court action (Image:…