Triyards sounds warning on going-concern status, cites loan repayment issues
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE woes of the marine, shipping and oil & gas (O&G) industries continue to take their toll on industry players, with Triyards Holdings being the latest to fire yet another warning beacon about its future.
The company, which provides engineering, fabrication and ship construction solutions for the global offshore and marine industry, said on Wednesday that it is facing loan-repayment issues that could pose a possible threat to its going-concern status.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
