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Trade payables pile up at Triyards' Vietnam unit

Observers say company and its units have "under-priced" bids to win shipbuilding projects, leading to financial woes

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Troubled Triyards Holdings' subsidiary in Vietnam is facing difficulty paying its suppliers even after delivering its shipbuilding projects - a signal of the mounting liquidity crunch that has beset the yard-operating arm of financially distressed Ezra Holdings.

Singapore

TROUBLED Triyards Holdings' subsidiary in Vietnam is facing difficulty paying its suppliers even after delivering its shipbuilding projects - a signal of the mounting liquidity crunch that has beset the yard-operating arm of financially distressed Ezra Holdings.

The...

sentifi.com

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