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TT Int'l seeking legal advice on appointment of receivers for Big Box

Published Fri, Sep 29, 2017 · 09:50 PM
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Singapore

STRUGGLING consumer electronics retailer TT International has received a notice of appointment of receivers over its 51 per cent-owned subsidiary, Big Box Pte Ltd (BBPL).

The Singapore-based company said on Thursday evening that it is seeking legal advice on the appointment.

Angela Ee Meng Yen and Aaron Loh Cheng Lee have been appointed as joint and several receivers and managers in the Sept 27 letter issued by Ernst & Young Solutions LLP for OCBC as security trustee for the lenders under t…

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