Brief: Triyards Holdings Says Unit To Sell & Supply Certain Inventory, Tools & Equipment To Ferrell

Triyards Holdings

07/09/2018 11:30

Sept 7 (Reuters) - Triyards Holdings Ltd  TRIY.SI :
    * UNIT TO SELL & SUPPLY CERTAIN INVENTORY, TOOLS & EQUIPMENT
TO
FERRELL FOR CONSIDERATION OF US$2.3 MILLION
    * ENTERED AGREEMENT TO SELL AND SUPPLY CERTAIN EQUIPMENT TO
FERRELL VANGUARD FUND SPC FOR US$1.9 MILLION
    * A UNIT OF CO RECEIVED STATUTORY DEMAND FROM ONE OF ITS
SUPPLIERS
AMOUNTING TO ABOUT US$1.9 MILLION
    * ORIGINATING SUMMONS FILED BY OCEAN ENERGY VENTURES SEEKING
WINDING UP OF CO HAS BEEN WITHDRAWN
    * RECEIVED DEMAND LETTERS FROM CERTAIN LENDERS FOR ABOUT
US$48.4
MILLION
    * WILL ENGAGE IN TALKS WITH DBS ALONG WITH TALKS WITH OTHER
LENDERS FOR OPTIONS TO IMPROVE FINANCIAL CONDITIONS OF GROUP

Source text for Eikon:  ID:nSN96Mm0b 
Further company coverage:  TRIY.SI 

 ((Reuters.Briefs@thomsonreuters.com;))