Singapore
THE knock-on effects of Ezra Holdings' quest for Chapter 11 protection with the US bankruptcy court last Sunday continue on its subsidiaries.
On Wednesday, the stock of Triyards Holdings plunged five cents or 17.5 per cent to S$0.235, after the firm announced the previous day that its financiers may seek to assert rights, including the right to demand immediate repayment and termination or withdrawal of its loans at any time.
Some 2.4 million shares changed hands on the exchange. In its filing...