Aussie businesses eye backdoor listing through suspended Mercator

Thu, Apr 06, 2017 - 5:50 AM

Kenneth Limkenlim@sph.com.sg@KennethLimBT

Singapore

THE judicial manager of Mercator Lines (Singapore) has agreed to transfer its listed status to three Australian businesses, whose equity will be used to pay the shipping company's creditors and shareholders.

The implementation agreement, which is still subject to due

mercator lines (singapore)
bankruptcy

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