SUBSCRIBERS
Corporate digest
Published Wed, Dec 20, 2017 · 09:50 PM
Marco Polo Marine
THE Batam-based unit of Marco Polo Marine has been given approval to place itself under a Penundaan Kewajiban Pembayaran Utang (PKPU) suspension of debt payment. This means Marco Polo has cleared the final hurdle to proceed with debt restructuring for the holding company and its key shipyard subsidiary under two schemes of arrangement filed with Singapore's High Court.
Tee Land
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
US: Wall St opens higher after Fed leaves interest rates alone
DBS customers unable to log into Digibank, PayLah! on Thursday
Japan’s Sumitomo Corp net profit down 32% on Madagascar one-off loss
Moody's tops quarterly profit estimates on strong product demand
Hong Kong regulator brings insider trading charges against Segantii and its founder
Novartis to buy radiology specialist Mariana Oncology for US$1 billion