You are here

Rickmers seeks trading suspension on going-concern risk

Wednesday, November 16, 2016 - 05:50

Singapore

THE trustee-manager of Rickmers Maritime said on Tuesday that it is unable to pay a S$4.26 million bond interest due on Nov 15.

And if it fails to do so within five business days from Tuesday, this would constitute an "event of default", which would trigger cross-default

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom