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AXB Yongnam Holdings News Story

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Brief: Yongnam Says Co, Unit Intend To Each Propose Scheme Of Arrangement With Respective Creditors

Jan 20 (Reuters) - Yongnam Holdings Ltd  YNAM.SI :
    * CO AND UNIT INTEND TO EACH PROPOSE SCHEME OF ARRANGEMENT
WITH
THEIR RESPECTIVE CREDITORS
    * CO AND YEC HAVE ACCORDINGLY FILED APPLICATIONS IN GENERAL
DIVISION OF HIGH COURT OF REPUBLIC OF SINGAPORE FOR MORATORIA

Source text for Eikon:  ID:nSNc7Vr1c 
Further company coverage:  YNAM.SI 
 ((Reuters.Briefs@thomsonreuters.com;))

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