China Aviation Oil parent rejects ex-CEO's remarks it did nothing to cut loss (AFX via Yahoo! UK & Ireland Finance)

SINGAPORE (AFX) - China Aviation Oil Holding Co (CAOHC), the parent of beleaguered China Aviation Oil (Singapore) Corp (CAO) has rejected remarks by the former CAO chief executive that CAOHC did nothing to reduce the 550 mln usd loss CAO had accumulated from derivatives trading. ...

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Posted February 21, 2005

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