Brief: Marco Polo Marine Group expects to report a net loss in 2QFY2017

Marco Polo Marine

13/04/2017 13:06

April 13 (Reuters) - Marco Polo Marine Ltd  MAPM.SI  
    * Group expects to report a net loss in 2QFY2017 
    * Group is still in process of finalizing its financial 
results for 2QFY2017 
    * Group is in discussions with its bank lenders and other 
key creditors on restructuring the payments under proposed debt 
restructuring plan 
    * Group has also not been able to secure spring aid 
    * Group has explored, and continues to explore, various 
avenues for raising fresh capital or funds 
    * Several potential investors expressed interest, and group 
is in active discussions with parties 
    * Loans restructuring exercise protracted 
 
Source text for Eikon:  ID:nSNZ96sqtJ  
Further company coverage:  MAPM.SI  
 
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