Brief: Intraco Says On 25 Sept, Intraco Trading Received A Letter From Liquidator Of Timor Global

Intraco

25/09/2023 16:34

Sept 25 (Reuters) - Intraco Ltd  ITRS.SI :
    * ON 25 SEPT INTRACO TRADING RECEIVED A LETTER FROM
LIQUIDATOR OF
TIMOR GLOBAL
    * LETTER INFORMING THAT PROOF OF DEBT OF $11.24 MILLION
SUBMITTED
BY INTRACO TRADING HAS BEEN ADJUDICATED AND ADMITTED
    * IN SAME LETTER, LIQUIDATOR ALSO INFORMED ITPL THAT IT WILL
PAY
ITPL S$4.96M, REPRESENTING 44% OF ITPL'S ADMITTED CLAIMS
    * CLAIM WILL HAVE MATERIAL CONTRIBUTION TO FINANCIAL
PERFORMANCE
AND FINANCIAL POSITION OF GROUP FOR CURRENT FY

Source text for Eikon:  ID:nSN4rKVJk 
Further company coverage:  ITRS.SI 

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