Brief: Ks Energy Says Co And 8 Units Received Letters Of Demand And Statutory Demand
12/08/2020 11:56
Aug 12 (Reuters) - KS Energy Ltd KSTL.SI :
* KS ENERGY LTD- CO AND 8 UNITS ON 6 AUGUST RECEIVED
LETTERS OF
DEMAND AND STATUTORY DEMAND
* KS ENERGY LTD- LETTERS OF DEMAND FROM SHOOK LIN & BOK LLP
SEEKING PAYMENT OF $230.7 MILLION, S$5.2 MILLION AND S$5.2
MILLION OUTSTANDING AS AT 31 JULY
* KS ENERGY LTD- CO IS PRESENTLY SEEKING LEGAL ADVICE AND IS
ENGAGING WITH OCBC TO REMEDY SITUATION
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