SUBSCRIBERS

Abterra review concludes it remains a going concern

Anita Gabriel

Anita Gabriel

Published Sun, Dec 11, 2016 · 09:50 PM

Singapore

COMMODITIES trader Abterra said it is solvent, able to meet its financial obligations and able to operate as a going concern after a review of its cash flow and balance sheet.

The assessment of its financial status was carried out after its controlling shareholder and 34.96 per cent owner General Nice Resources (Hong Kong) (GNR) was put under liquidation by the Hong Kong High Court.

Copyright SPH Media. All rights reserved.