Epicentre resists creditor's move to put it under judicial management
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
CATALIST-LISTED Epicentre has filed an affidavit to resist creditor Goh Chee Hong's application for the company to be placed under judicial management and appoint interim judicial managers, the former Apple reseller announced late on Wednesday night.
In a separate response to Singapore Exchange (SGX) queries, Epicentre on Thursday said that former director Kenneth Lim, who remains uncontactable, was a key cog in a number of loans that the company is questioning. The firm is also disputing certain claims on the basis that the debts were not within the knowledge of the company's current independent directors.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
