Corporate digest
Emas Offshore
EMAS Offshore, together with its wholly-owned subsidiaries Emas Offshore Pte Ltd and Emas Offshores Services, successfully obtained on Feb 15 the High Court's leave to convene their respective creditors' meeting to consider the scheme of arrangement being proposed to their creditors.
This is with the support of the group's principal bank lenders for the group's restructuring plan based on the BT Investment (BTI) Term Sheet, Emas said.
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