Hatten Land says units seeking debt restructuring owe RM605m

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

TWO Hatten Land subsidiaries owe a combined RM605 million (S$196.9 million) to scheme creditors, although the bulk of these debts will be erased as they are owed to group entities. Read more at The Business Times.

MDSA Resources and MDSA Ventures are the developers for integrated mixed-use projects Hatten City Phase 1 and 2 in Malacca.

TWO Hatten Land subsidiaries owe a combined RM605 million to scheme creditors, although the bulk of these debts will be erased as they are owed to group entities.To continue reading

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sharp says sticking to plans to list Dynabook PC unit in FY2021Japan's Sharp Corp said on Saturday it is sticking to an original plan to list its laptop making unit in the business year from next April, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

CIMB alleges 'suspicious' Hontop Energy oil deals with BP: affidavit[SINGAPORE] Singapore's High Court has appointed an independent supervisor to oversee the restructuring of trader Hontop Energy. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Corporate debt defaults spike in Jan-May this year, exceeding 2019 total: Fitch RatingsGLOBAL corporate defaults have seen a 'dramatic increase' as the economic crisis from the coronavirus pandemic dealt a body blow to companies around the world, Fitch Ratings said. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »