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Mencast reaches debt deal with creditors; principal sums owed suspended until after restructuring
Published Fri, Feb 1, 2019 · 09:50 PM
Singapore
AFTER months of talks, mainboard-listed Mencast Holdings reached a debt deal with key creditors on Friday, the board has said.
The principal sums now owed to certain lenders - DBS Bank, Ethoz Capital, RHB Bank, Standard Chartered Bank and United Overseas Bank - will be suspended until the end of an unspecified restructuring period.
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