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Triyards down 18% amid fallout from Ezra's Chapter 11 filing

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Published Wed, Mar 22, 2017 · 09:50 PM
Plunge

Singapore

THE knock-on effects of Ezra Holdings' quest for Chapter 11 protection with the US bankruptcy court last Sunday continue on its subsidiaries.

On Wednesday, the stock of Triyards Holdings plunged five cents or 17.5 per cent to S$0.235, after the firm announced the previous day that its financiers may seek to assert rights, including the right to demand immediate repayment and termination or withdrawal of its loans at any time.

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