Saturn Petrochemical Holdings Limited to Hold Titan Petrochemicals Group Bondholders' Conference Call
HONG KONG, Aug. 6, 2012 /PRNewswire/ -- Saturn Petrochemical Holdings Limited ("SPHL"), an affiliate of Warburg Pincus LLC ("Warburg Pincus") and a shareholder of Titan Petrochemicals Group Limited ("Listco"), will host a Listco bondholders' conference call at 11:00 a.m. Beijing/Hong Kong Time on Wednesday, August 8, 2012.
SPHL filed a winding-up petition on July 5, 2012 against Listco with the Supreme Court of Bermuda, being the court of the jurisdiction in which Listco is incorporated, on the basis that Listco has been unable to pay its debts. A hearing is scheduled on August 16, 2012.
SPHL reaffirms that the appointment of liquidators will preserve the value of Listco and its subsidiaries for the benefit of their creditors and other stakeholders as a whole.
| Participants Dial-In Numbers: |
|
| International Toll Dial-In Number: |
+65 67239381 |
| Local Dial-In Number(s): |
|
| Australia, Sydney |
+61 290090733 |
| China, Domestic |
4006208038 |
| China, Domestic |
8008190121 |
| Hong Kong |
85224750994 |
| United Kingdom, London |
+44 2030598139 |
| United States, New York |
17183541231 |
| International Toll Free Dial-In Number(s): |
|
| Australia |
1800457076 |
| Hong Kong |
800930346 |
| United Kingdom |
08082346646 |
| United States |
18665194004 |
| Conference ID: 18540571 |
For media enquiries, please contact:
Pui Shan Lee
FTI Consulting
+86 21 5108 8002 ext.178
[email protected]
SOURCE Saturn Petrochemical Holdings Limited
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