Falcon Energy Group and subsidiary file affidavits ahead of Monday hearing
DEBT-HIT offshore and marine company Falcon Energy Group and its subsidiary Asetanian Marine have, on July 9, filed their respective affidavits containing their respective revised scheme documents, Falcon said in a regulatory filing with the Singapore Exchange on Sunday.
A hearing for their respective applications to call for creditor votes on a compromise or scheme of arrangement will start at 2.45pm instead of 2.30pm on Monday, July 13.
Falcon and Asetanian also filed applications to hold the scheme meetings by video conference and for a consequential extension of the moratoriums.
"The company and Asetanian have requested that these applications be fixed for hearing on July 13 together with the main leave applications," Falcon's chairman and chief executive officer Tan Pong Tyea said in the filing.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Vodafone gets green light for 5 billion euros sale of Spanish business
US dollar slips after unexpected rise in US producer prices
TSMC says construction of first European plant on track to start in fourth quarter
ESR attempts to suspend Sabana Reit’s May 24 EGM
US: Wall St nearly flat at open after hot inflation data
Miyoshi chief executive charged over accounting irregularity