News Formal

Restructuring of oil trader Zenrock would 'preserve only a fraction of its business': KPMG

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

SINGAPORE - Embattled ZenRock Commodities Trading was granted judicial management on Monday (July 13) but the judicial managers have noted that any restructuring of the firm now under Commercial Affairs Department investigation would 'at best preserve only a fraction of its business'.. Read more at straitstimes.com.

SINGAPORE - Embattled ZenRock Commodities Trading was granted judicial management on Monday but the judicial managers have noted that any restructuring of the firm now under Commercial Affairs Department investigation would"at best preserve only a fraction of its business".

KPMG staff members Martin Wong, Bob Yap and Toh Ai Ling, who were confirmed as judicial managers on Monday, said in a report filed on July 9 with the High Court that ZenRock was"unlikely to continue in the long term under its original three pillars of business".Enjoy unlimited access to ST's best work Subscribe Now

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 8. in EG

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Exclusive: US turns screws on maritime industry to cut off Venezuela's oilSeveral companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade as ...
مصدر: ChannelNewsAsia - 🏆 6. / 66 اقرأ أكثر »