The Business Times

yongnam

Companies & Markets

Yongnam unit ordered to pay over RM190,000 to security firm in default judgement

Under the statement of claim, Linde is claiming a sum of RM277,611 (S$79,459) from Yongnam Engineering in relation to Linde supplying oxygen and carbon dioxide to the subsidiary.
Companies & Markets

Yongnam unit receives sealed writ, statement of claim from Malaysian industrial gas supplier

Pantech Gelvanising is claiming RM1.7 million (S$485,643) from Yongnam Engineering in relation to outstanding amounts owed for the provision of structural fabrication services.
Companies & Markets

Yongnam unit gets writ of summons, statement of claim from Malaysian galvanising firm

Its subsidiary Yongnam Engineering & Construction had signed the deed with Leighton Contractors (Asia) on Nov 27, 2017 with the intention to perform works for a portion of LTA’s North-South Corridor project known as N103 together.
Companies & Markets

Yongnam’s JV partner terminates deed linked to S$553.8m LTA contract

Yongnam had made part payments to both Soon Kim Engineering Works and Seng Yap Engineering Enterprise following notices of demand in August.
Companies & Markets

Yongnam subsidiary gets letters of demand for payments owed to engineering service providers

Yongnam Engineering has received several letters of demand in 2023. 
Companies & Markets

Yongnam to pay Axis-Reit’s trustee RM105.4 million in damages 

The letter of demand is for a sum of S$36,969.68 for services rendered by Arcent and its supply of parts to the machinery of Yongnam Engineering & Construction.
Companies & Markets

Yongnam unit receives letter of demand for overdue payments

In a filing to the Singapore bourse, suspended stock Yongnam said the letter of demand was dated Aug 24, and was received by the company’s unit on Sep 5. 
Companies & Markets

Yongnam unit gets letter of demand for three loan facilities

The arrears are rental, compensation charges and legal fees due for Axis Steel Centre @ SiLC Johor in Malaysia. Its subsidiary, Yongnam Engineering, occupies the space.
Companies & Markets

Yongnam hit with letter of demand over arrears totalling RM8.5m

Chief executive Seow Soon Yong says that Yongnam has been exploring these options to “ensure that the company (has) sufficient funds to service its borrowings and is able to continue as a going concern”.
Companies & Markets

Yongnam in talks to secure refinancing or investment as repayment dates loom

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