Corporate digest
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Mercator Lines (Singapore)
THE court has dismissed an application by HSH Nordbank to put shipping company Mercator Lines (Singapore) under interim judicial management (IJM). HSH is a creditor of Mercator, whose management had resisted the application and instead sought to restructure the company via a scheme of arrangement after the company was placed on the Singapore Exchange's watch-list for posting three straight years of losses. Shares in Mercator last traded at S$0.019 on Wednesday.
Thai Beverage Public Co
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