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Darco explains why it is writing off debts worth S$2.46m

Wed, Mar 11, 2020 - 5:50 AM

Sharon Seesharons@sph.com.sg@SharonSeeBT

Singapore

DARCO Water Technologies is preparing to write off S$2.46 million worth of debts it has deemed to be of "low recoverability" after they have been due for some three years.

In response to queries from the Singapore Exchange (SGX), the mainboard-listed company said the...

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