Brief: Koyo International Says Progress Payment Claim Due From Customer
19/07/2023 16:46
July 19 (Reuters) - Koyo International Ltd KOYO.SI :
* PROGRESS PAYMENT CLAIM DUE FROM A CUSTOMER
* CUSTOMER OF GROUP APPOINTED PROVISIONAL LIQUIDATORS
* AS AT JULY 19, GROUP HAS OUTSTANDING AMOUNTS DUE FROM
CUSTOMER
INCLUDING SUM OF S$1.26 MILLION
* OF VIEW THAT RECOVERABILITY OF PROGRESS PAYMENT CLAIM IS
LOW
Source text for Eikon: ID:nSN4tDR7
Further company coverage: KOYO.SI
((Reuters.Briefs@thomsonreuters.com;))
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