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Jason directors receive payment demand from ANZ lawyers

PC Lee Published on Tue, Oct 04, 2016 / 7:34 AM GMT+8

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SINGAPORE (Oct 4): Jason Holdings says non-executive director Jason Sim and executive director Sim Choon Joo has received a statutory demand from the lawyers of ANZ bank on Sept 26.

The statutory demands stated that if payment of $1.74 million plus legal costs of $10,000 is not made to the satisfaction of ANZ within 21 days, ANZ may file bankruptcy applications against the two directors.

(See: Jason Holdings gets 7 days to pay ANZ Bank $1.7 million; faces other claims)

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