creditors

Otto Marine says creditors file winding-up applications against Aussie units

SINGAPORE (Sept 26): Otto Marine says three creditors have filed three winding-up applications against two of its subsidiaries with the Supreme Court of Western Australia.

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Infinio shares tank on debt-to-equity conversion plan

SINGAPORE (Sept 7): Shares of Infinio Group are down 67% to 0.1 cent after the media company announced that it has signed deals with some of its creditors to convert their debt into equity in the company at 0.12 cent per new conversion share.
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