Saturn Petrochemical Holdings Limited to Hold Titan Petrochemicals Group Bondholders' Conference Call

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• Publié par: warburg-pincus-llc
• Nombre de lectures: 12
• Langue: English

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Saturn Petrochemical Holdings Limited to Hold Titan Petrochemicals Group Bondholders' Conference Call

PR Newswire HONG KONG, Aug. 7, 2012

HONG KONG,Aug. 7, 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 at11:00 a.m.Beijing/Hong Kong Time on Wednesday, August 8, 2012. SPHL filed a winding-up petition onJuly 5, 2012against Listco with the Supreme Court ofBermuda, 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 onAugust 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: Local Dial-In Number(s): Australia, Sydney China, Domestic China, Domestic Hong Kong United Kingdom, London United States, New York International Toll Free Dial-In Number(s): Australia Hong Kong United Kingdom United States Conference ID: 18540571

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[phone] 4006208038 8008190121 85224750994 [phone] 17183541231

1800457076 800930346 08082346646 18665194004

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