Brief: Braster Says Court Opens Accelerated Arrangement Proceedings
May 4 (Reuters) - Braster SA BRAR.WA :
* SAYS COURT OPENS ACCELERATED ARRANGEMENT PROCEEDINGS
* AIM OF PROCEEDINGS IS TO AVOID CO'S BANKRUPTCY DECLARATION
BY
ALLOWING CO TO RESTRUCTURE VIA ARRANGEMENTS WITH CREDITORS
Source text for Eikon: ID:nEM52wRSwa
Further company coverage: BRAR.WA
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