Hatten Land subsidiaries plan debt restructuring
MDSA Resources, MDSA Ventures seek court leave to call for creditors' meet
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Vivienne Tay
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Singapore
TWO subsidiaries of Catalist-listed Hatten Land are looking to undergo debt restructuring, on top of the group's other initiatives to make its property development business more resilient in light of ongoing pressures from the Covid-19 pandemic.
The subsidiaries, MDSA Resources and MDSA Ventures, are the developers for the group's integrated mixed-use projects Hatten City Phase 1 and 2 in Malacca, Malaysia.
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