Brief: Blumont responds to SGX queries

Southern Archipelago

11/11/2015 11:30

Nov 11 (Reuters) - Blumont Group Ltd  BLUM.SI : 
 * Response to sgx queries 
 * Reason for increase in allocation for working capital purposes from 30% to 35% was to repay outstanding fees owed by to Morgan Lewis Stamford 
 * Would be able to operate as a going concern as co's cash flow is to meet all its obligations to its creditors 
 
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