Thursday, 11 September 2008

Trust/Greddy declares bankruptcy










Just would like to share with readers, as the title above, Trust/Greddy declares bankruptcy. Not sure how this will effect our suppliers here in Brunei but you might not know if they are selling their stuff at dirt cheap prices. For more info click here

Part taken from the link:

"Today, one of the world's largest performance parts companies, known as Trust in Japan and Greddy here in the States, declared bankruptcy. According to various reports, Trust is approximately $60 million in debt and, after reporting a serious decline in sales since February 2008 and amassing $43 million in loan payments, filed for bankruptcy in Tokyo District Court."

9 comments:

Anonymous said...

We have confirmed here in Japan that Trust has filed for bankruptcy. However, we have also had reassurances that it will be "business as usual" for the time being, much like was the case with Apexera/Apexi.

We will provide updates on our website regarding parts availability and any other details that come to light, try not to panic just yet :)

Wangan_427 said...

nice info D1sturbZ... :)

Anonymous said...

nengun: Thanx for the concern and updates :)

VeilsideZ said...

nda ku TRUST lagi eh....

Anonymous said...

Hi Nengun,

You said you'll provide updates on your website, but you've not left us with the URL. :)

Could you please leave a link or URL so that we can have a look.

Thanks and much appreciated.

Anonymous said...

Wah...MuscularZ lastime kan membali exzoz trust...kalinya nda jadi membali bankrup tarus Trust/Greedy... hahaha

Anonymous said...

Zam: Its www.nengun.com

Anonymous said...

stillen: wahahahaha... c u sunday bro

Anonymous said...

Oh 'THE' Nengun... haha :)

I didn't realise...

Hits since August 15, 2008