Brief: KS Energy Proposed To OCBC Various Measures To Allow Bank To Fully Monitor & Supervise All Its Business Operations
28/08/2020 10:38
Aug 28 (Reuters) - KS Energy Ltd KSTL.SI :
* PROPOSED TO OCBC VARIOUS MEASURES TO ALLOW BANK TO FULLY
MONITOR
AND SUPERVISE ALL ITS BUSINESS OPERATIONS
* RIGS PLEDGED TO OCBC ARE IN NO JEOPARDY FROM OTHER PARTIES
* OCBC FILED APPLICATIONS IN HIGH COURT TO APPOINT INTERIM
JUDICIAL MANAGERS
* MEASURES TO GIVE OCBC ALL TRANSPARENCY, CONTROL &
PROTECTION IT
REQUESTS WITHOUT HAVING ADVERSE EFFECTS ON PLEDGED ASSETS
Source text for Eikon: urn:newsml:reuters.com:*:nSN6gtfqd
Further company coverage: KSTL.SI
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