Brief: Capallianz Says Unit Entered Settlement Agreement With OCBC

Capallianz Holdings

17/08/2021 02:22

Aug 17 (Reuters) - Capallianz Holdings Ltd  CAPL.SI :
    * UNIT ENTERED SETTLEMENT AGREEMENT WITH OVERSEA-CHINESE
BANKING
CORPORATION
    * UNDER AGREEMENT LOYZ OIL WILL HAVE TO MAKE FINAL REPAYMENT
OF
S$1.5 MILLION TO OCBC BANK BY 30 SEPTEMBER 2021
    * SETTLEMENT FOR US$32 MILLION CREDIT FACILITY WITH OCBC FOR
CO'S
20% STAKE IN ONSHORE OIL CONCESSIONS AT PHETCHABUN BASIN
    * EXPECTS TO REPORT ONE-OFF GAIN OF ABOUT US$17.5 MILLION
FROM
SETTLEMENT

Source text for Eikon:  ID:nSN2GGsq9 
Further company coverage:  CAPL.SI 

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