(Bloomberg) -- China Aviation Oil (Singapore) Corp.,
which sought protection from creditors in 2004 after a trading
scandal, appointed new managers to run the company.
The jet-fuel supplier named Zhang Zhenqi as executive
director and general manager of a group called the ``Senior
Officers Meeting,'' the company said in a filing to the Singapore
Exchange today. Zhang was formerly deputy head of a task force
set up in November 2004 to restructure the company after it
revealed $550 million in losses caused by bad bets on oil prices.
Read more at Bloomberg Emerging Markets News
which sought protection from creditors in 2004 after a trading
scandal, appointed new managers to run the company.
The jet-fuel supplier named Zhang Zhenqi as executive
director and general manager of a group called the ``Senior
Officers Meeting,'' the company said in a filing to the Singapore
Exchange today. Zhang was formerly deputy head of a task force
set up in November 2004 to restructure the company after it
revealed $550 million in losses caused by bad bets on oil prices.
Read more at Bloomberg Emerging Markets News
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