Peacock company, known for the quality of its products, is under a receivership appointed by its creditors following management’s inability to settle initial debt of about N32 million obtained from a first generation bank.
Peacock company, a paint manufacturing firm in Etinan local government area of Akwa Ibom State, requires a bailout of N70 million to enable it resume production and save the plant from liquidation due debts owed creditors.
The company, known for the quality of its products, is under a receivershi
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