Liquidation of the Egyptian Iron and Steel Company should come only after careful study, MPs say – Politics – Egypt – Ahram Online

In a statement issued on Saturday, the Egyptian parliament’s industrial committee said that the government’s decision to liquidate the 67-year-old Egyptian Iron and Steel Company should be a matter of careful study. “The liquidation process should be based on a logical review of the company’s performance in terms of losses and profits in the last…

Weilin cotton trader’s 20c payout offer banked by cotton creditors – The Australian Dairyfarmer

Agribusinesses and farmer creditors left out of pocket after the crash of failed Chinese-owned cotton marketer Weilin Trade have been paid 20 cents for every dollar they were owed. Weilin’s administrators suggest there is a chance a further small dividend of maybe one cent more could follow after the receivership process winds up. However, its…