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Wednesday, November 2, 2011

[VST] warehouse fire (0856-HK) Shanghai warehouse fire loss 72 million yuan, but the maximum amount of 70 million yuan insurance coverage

[VST] warehouse fire (0856-HK) Shanghai warehouse fire loss 72 million yuan, but the maximum amount of 70 million yuan insurance coverage Finet News VST Holdings of Hong Kong announced a warehouse in Shanghai, one of fire. No one was injured, but the total loss caused inventories of about 72 million yuan (about HK $ 88 million). However, the stock has been insured, the insured amount up to 70 million yuan (about HK $ 86 million), expected net inventory losses caused by the loss does not have a major impact. ...[VST] warehouse fire (0856-HK) Shanghai warehouse fire loss 72 million yuan, but the maximum amount of 70 million yuan insurance coverage

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