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Marco Polo Marine's shipyard unit seeks stay on creditor claims

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Published Wed, May 17, 2017 · 09:50 PM

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    Singapore

    THE shipyard unit of troubled offshore and marine group Marco Polo Marine is seeking a scheme moratorium to restrain creditors from commencing legal proceedings against the unit.

    An application for the stay order was made to the Singapore High Court after Marco Polo Shipyard Pte Ltd received a claim from its creditor, Hock Leong Enterprises Pte Ltd.

    Marco Polo MarineInsolvency

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