Huishan facing more pressure

HONG KONG: China Huishan Dairy Holdings Co Ltd, wrestling with debt, battered shares and an empty boardroom, could come under more pressure from its bank after Bank of China (BoC) demanded it repay a US$50 million (RM217 million) loan, said people familiar with the matter. Huishan, whose shares were suspended indefinitely on the Hong Kong exchange, said on Monday that BoC’s Macau branch had asked it to repay the outstanding principal on a US$50 million loan with interest of US$937,363 by May 16.