QUOTE AND NEWS
SeekingAlpha  Jul 1  Comment 
By Doug Young: The list of Chinese companies defaulting on their bonds continues to grow, with word that timber firm China Forestry Holdings (OTCQB:CHFY) (HKEx: 930) has missed an interest payment as it tries to repurchase the notes. I'll admit...
Bloomberg  Jun 16  Comment 
China Forestry Holdings Co., a timber producer backed by private equity firm Carlyle Group LP, faces a payment deadline on its U.S. dollar bonds today as it seeks more time to audit its books and complete a debt buyback.
Bloomberg  Jun 3  Comment 
China Forestry Holdings Co., the biggest loser among Chinese distressed debt in May, is pressing ahead with a bond buyback amid more missed coupon payments and a weakening cash position.
Finance Asia  Jan 9  Comment 
KPMG gives up on the Chinese forestry company more than 12 months after it first brought the irregularities to light.
BusinessWeek  Jan 7  Comment 
China Forestry Holdings Co., the Chinese timber company whose shares have been suspended since January last year because of accounting irregularities, said its auditor KPMG LLC resigned citing valuation concerns.




 

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