High Court places Oriental Group under interim judicial management
THE Singapore High Court has placed steel trader and manufacturer Oriental Group under interim judicial management.
Detailing this in a release after market close on Monday, the Catalist-listed company said that on Jan 12, Muk Siew Peng of KordaMentha Pte Ltd has been appointed the interim judicial manager.
This came after a creditor had applied to the court to place Oriental Group under judicial management.
Share with us your feedback on BT's products and services
TRENDING NOW
One-third of Singapore-listed firms at risk in severe AI downturn: MAS
‘We don’t want to stay as we are’: CEO Patrick Ng builds a more resilient Huationg
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Radiant World table shows six lenders with US$870 million exposure