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CREDITOR CLAIMS AGAINST JAPAN'S MYCAL TOTAL US$13.79 BLN.

AsiaPulse News

| March 01, 2002 | COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TOKYO, March 1 Asia Pulse - Claims by creditors against Mycal Corp on a parent-only basis totalled 2.11 trillion yen ($US15.79 billion) as of Jan 31, administrator Motoya Okada, who is also president of Aeon Co (TSE:8267), reported Thursday at the first meeting of the failed retailer's shareholders and creditors.

Attendees at the Tokyo meeting numbered 1,131 people.

Of the 2.11 trillion ...

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Source: HighBeam Research, CREDITOR CLAIMS AGAINST JAPAN'S MYCAL TOTAL US$13.79 BLN.

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