Corporate digest
Triyards Marine Services
TRIYARDS Marine Services has been ordered to wind up, upon the application by its creditor Tractors Singapore. The court order was issued on July 5 and a notice of the winding-up order was published in the newspapers on Thursday. The liquidators for the winding-up are Joshua James Taylor and Yit Chee Wah of FTI Consulting (Singapore).
Regional Caterpillar dealer Tractors Singapore filed the application against Triyards Marine Services on Oct 3 last year. It was reported last year that Triyards Marine Services had also received statutory demands for US$14.6 million from Taiwanese lender CTBC Bank and for around US$800,000 from a supplier.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
COEs for large cars up 4.3% at S$126,236, mainstream cars near S$125,000
‘We’re not a bubble tea brand’: Chagee aims to double Asia-Pacific footprint to 600 stores by 2027