Brief: Falcon Energy Group Updates On Receipt Of Statutory Demand From Ambank (M) Berhad
24/05/2018 11:15
May 24 (Reuters) - Falcon Energy Group Ltd FEGL.SI :
* UPDATES ON WRITS OF SUMMONS & RECEIPT OF STATUTORY DEMAND
FROM
AMBANK (M) BERHAD
* RECEIVED FRESH STATUTORY DEMAND DATED 23 MAY 2018 FROM
SOLICITORS OF AMBANK
* STATUTORY DEMAND DEMANDS, INTER ALIA, PAYMENT OF USD20.6
MILLION
, BEING ALLEGED AMOUNT OUTSTANDING AS AT 23 MAY 2018
* IF CO FAILS TO PAY WITHIN 21 DAYS OF STATUTORY DEMAND,
AMBANK
SHALL BE ENTITLED TO PRESENT A WINDING-UP APPLICATION AGAINST CO
Source text for Eikon: urn:newsml:reuters.com:*:nSNZ1G62xS
Further company coverage: FEGL.SI
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Falcon Energy
See all newsBrief: Falcon Energy Makes Application For Moratorium Pursuant To Section 64 Of Insolvency, Restructuring And Dissolution Act 2018
Brief: Falcon Energy Receives A Fresh Statutory Demand Dated 14 July From Solicitors Of Ambank (M)
Brief: Falcon Energy Group Gets Statutory Demand From Solicitors Of Ambank (M)
Brief: Falcon Energy Group Responds To SGX-ST Query
Brief: Falcon Energy Group Says Lam May Yih Resigns As CFO