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Falcon Energy seeking deferment of notes redemption to save cash

This will help tide over a possible tail-end of downturn in the offshore & marine industry

Singapore

MAINBOARD-LISTED Falcon Energy Group (FEG) is seeking deferment of its notes principal redemption to conserve cash and tide over what may spell the tail-end of a protracted offshore and marine (O&M) industry downturn.

FEG's chairman and chief executive, PT Tan, told

sentifi.com

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