Wugudaochang To Resume Production In August
According to COFCO, the restructuring of its newly acquired instant noodle company Wugudaochang is basically completed and its Beijing plant is expected to resume production in August 2009.
According to COFCO, the restructuring of its newly acquired instant noodle company Wugudaochang is basically completed and its Beijing plant is expected to resume production in August 2009.
Chinese food conglomerate COFCO has formally taken over the Chinese instant noodle maker Wugudaochang, which previously applied for bankruptcy protection.
The Beijing-based instant noodle maker Wugudaochang has submitted a bankruptcy restructuring application to Beijing Fangshan People's Court.