Brief: Chuan Hup Holdings Updates On Loan To Major Star Holdings
March 19 (Reuters) - Chuan Hup Holdings Ltd CHHS.SI :
* UPDATES ON LOAN TO MAJOR STAR HOLDINGS
* DECIDED TO MAKE AN ALLOWANCE FOR IMPAIRMENT LOSS OF US$8.8
MILLION
* ON 19 MARCH 2020, AS DEBT REMAINED UNPAID, HIGH COURT MADE
A
BANKRUPTCY ORDER AGAINST GUARANTOR
Source text for Eikon: urn:newsml:reuters.com:*:nSNZ42Hxm8
Further company coverage: CHHS.SI
((Reuters.Briefs@thomsonreuters.com;))
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