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Koon Holdings ends joint venture with Penta-Ocean amid debt restructuring
Published Mon, Dec 9, 2019 · 09:50 PM
Singapore
KOON Holdings on Monday said the joint venture (JV) between its unit Koon Construction & Transport (KCT) and Japanese firm Penta-Ocean Construction has been terminated.
The group said the move is in view of the group's ongoing restructuring exercise. Following the termination, Koon Holdings and KCT will no longer need …
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