Marianas Variety

Last updateTue, 20 Nov 2018 12am

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IPI: Bankruptcy rumor baseless

IMPERIAL Pacific International (CNMI) LLC has issued the following statement:

“A rumor is circulating on social media about a senior executive of Imperial Pacific International, and the financial status of the company. The rumor is completely baseless and untrue. If in fact Imperial Pacific had or will be initiating bankruptcy proceedings, an announcement with the Hong Kong Stock Exchange would have been made. However, no announcement was made, hence the rumor of the bankruptcy proceeding is completely false.

“Imperial Pacific Holdings has taken legal action against the original online source spreading slanderous fake news.”