Hong Leong Finance files winding-up petition against Triyards
HONG Leong Finance has served a winding-up petition on the yard operating arm of Ezra Holdings, Triyards.
The winding-up application was filed on Tuesday with Singapore's High Court, Triyards said after Thursday's trading close.
Hearing for the court application is scheduled for Oct 12, 2018.
Hong Leong Finance is understood to be the second senior lender after DBS to have pressed on with further legal actions against Triyards.
On Monday, Triyards said DBS has appointed Justin Lim Loo Khoon of Deloitte & Touche as receiver for its Singapore-incorporated subsidiary, Strategic Marine and other assets.
These developments have surfaced about 12 months after the yard subsidiary of erstwhile stock market darling, Ezra Holdings, entered into a trading suspension and embarked on a debt-restructuring exercise.
Share with us your feedback on BT's products and services
TRENDING NOW
Philippine power giant First Gen rebuffs foreign offers, plans up to US$2.6 billion in expansion
Cliff Tan has 7 million followers and a 4-month waitlist. Why won’t he expand his business?
Could stablecoins be the future of money?
From finance aspirant to Asean CEO: TUV SUD’s Jonas Strahberger on finding people who believe in you
