Brief: No Signboard Says On 2 Sept, Co Filed Application To Court For Oversea-Chinese Banking Corp

Bromat Holdings

05/09/2022 15:23

Sept 5 (Reuters) - No Signboard  NOSI.SI :
    * ON 2 SEPT, CO FILED APPLICATION TO COURT FOR
OVERSEA-CHINESE
BANKING CORP TO BE SUBJECT TO TERMS OF MORATORIUM ORDER
    * APPLICATION FOR CO & OCBC HAVE NOT COME TO AN AGREEMENT ON
TERMS
OF REPAYMENT OF OUTSTANDING BANK LOAN OF S$3 MILLION EXTENDED BY
OCBC
    * ENVISAGES WILL NOT HAVE SUFFICIENT FUNDS TO MAKE MONTHLY
REPAYMENTS OF LOAN FROM SEPT UNTIL COMPLETION OF IMPLEMENTATION
AGREEMENT

Source text for Eikon:  ID:nSNccwGxk 
Further company coverage:  NOSI.SI 

 ((Reuters.Briefs@thomsonreuters.com;))