Japanese trading house Mitsui & Co. completed liquidation of Mitsui Oil Asia Singapore in March this year, as per Platts. MOA Singapore had incurred huge losses in naphtha trading in 2006, which was ddiscovered by the company that liquidated the positions, and losses snowballed to US$81 mln.
For more details on Japan Mitsui completes liquidation of Mitsui Oil Asia Singapore click here
Monday, May 09, 2011
Japan Mitsui completes liquidation of Mitsui Oil Asia Singapore
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment