UOB withdraws statutory demands, JM application against Hoe Leong Corp
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Singapore
HEAVY equipment supplier Hoe Leong Corporation on Friday said that the Singapore High Court has granted leave for United Overseas Bank (UOB) to withdraw its application to place the firm under judicial management.
Accordingly, UOB has filed a notice to do so, and has also withdrawn all statutory demands against the mainboard-listed company.
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