China-focused BVI company obtains New York recognition of Hong Kong scheme
Steelworks in China: coking coal is used to make steel (Credit: iStock.com/zhaojiankang)
Winsway Enterprises Holdings, a British Virgin Islands-incorporated coking coal supplier that predominantly operates in China, has obtained approval of its Hong Kong scheme of arrangement from a New York court soon after a parallel scheme of arrangement was sanctioned in the BVI.
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