China Fishery Group Limited (Public, SIN:B0Z) is an investment holding company. Through its subsidiaries, the Company operates as a global and integrated industrial fishing company. The Company operates in two segments: fishmeal and fishoil, and trawling. Fishmeal is dried fish and is used to supplement feeds for farmed fish (aquaculture), pigs, and poultry. It is also widely used in pet food. Fish oil is produced as a by-product.
The Company is a subsidiary of Super Investment Limited. During the fiscal year ended September 28, 2009, the trawling and fishmeal processing operations accounted for 76.2% and 23.8% of total revenue. On April 30, 2009, the Company acquired Sustainable Pelagic Fishery S.A.C. On May 14, 2009, it also acquired Sustainable Fishing Resources S.A.C.
Friday, 5 May 2017 - China Fishery Group Limited ::Update on restructuring process.As a result of a recent review, company voluntarily filed on 3 may 2017 petitions under chapter 11.Petitions under chapter 11 filed for additional indirect subsidiaries to ensure continuation of restructuring process.
May 2019 - Nearly two years into his quest to sell the Peruvian fishmeal and fish oil producer China Fishery Group (CFG), US bankruptcy court-appointed trustee William Brandt recently launched a re-solicitation process to provide updated information to interested bidders.
The trustee added that he's also willing to split up CFG, which consists of two separate and not fully integrated fishmeal companies, China Fishery and Copeinca, or consider selling some of the companies' anchovy quota.
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