Corporate digest
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Perisai Petroleum Teknologi
PERISAI Petroleum Teknologi Bhd together with joint venture partner Emas Offshore Limited (EOL) had received an "indicative offer" of financing from a financial institution on Sept 30. The Malaysian-listed offshore services firm said part of the amount from the indicative offer would be earmarked for a mutually acceptable alternative proposal with bondholders based on the availability of some US$20 million to the Perisai Group. This follows a meeting with bondholders on Monday where the firm failed to push through its proposal to extend the maturity date of its S$125 million bonds due on the same day.
Great Eastern Holdings
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
