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Creditor applies for Oriental Group to be placed under judicial management

Tuesday, December 13, 2016 - 22:57

SUSPENDED Catalist-listed steel trader and manufacturer Oriental Group said a creditor has applied to place the company under judicial management.

The pre-trial conference for the matter will take place on Thursday at 4pm.

Oriental is also being sued by investors Aseanzon and Dingji Investments over the re-appointment of three directors after they were removed at an extraordinary general meeting on Dec 9.

sentifi.com

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