Brief: Pacific Radiance Intends To Pursue Restructuring
16/05/2018 14:19
May 16 (Reuters) - Pacific Radiance Ltd PACI.SI :
* INTENDS TO PURSUE RESTRUCTURING BY WAY OF SCHEMES OF
ARRANGEMENT
TO BE PROPOSED BETWEEN RELEVANT ENTITIES OF GROUP AND ITS
CREDITORS
* MADE APPLICATIONS TO COURT TO SEEK PROTECTION AGAINST
LEGAL
PROCEEDINGS THAT WILL REGRESS ONGOING TALKS WITH VARIOUS
STAKEHOLDERS
Source text for Eikon: ID:nSNZ3gMlVX
Further company coverage: PACI.SI
((Reuters.Briefs@thomsonreuters.com;))
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