02-09-2020, 08:05 AM
Floatel - standstill extension till 15 Sep 2020
The payment agreement with the Lenders, where certain expenses in respect of Floatel Endurance and the banks' collateral companies are covered by proceeds in the blocked accounts, has lapsed in accordance with its terms. Constructive discussions continue with the Lenders on an extension.
https://links.sgx.com/FileOpen/KCL%20-%2...eID=630070
Stay home and stay safe, everyone.
The payment agreement with the Lenders, where certain expenses in respect of Floatel Endurance and the banks' collateral companies are covered by proceeds in the blocked accounts, has lapsed in accordance with its terms. Constructive discussions continue with the Lenders on an extension.
https://links.sgx.com/FileOpen/KCL%20-%2...eID=630070
Stay home and stay safe, everyone.
