letter of demand

ASTI says any repayment is not expected to impact the company’s financial position materially.

The letters, dated Jan 24, were from the trustee-manager’s CEO, CFO, CIO and executive secretary.

CEO of Singapore Paincare Dr. Bernard Lee owns 100% of Medbridge Marketing, which issued the letter of demand.

This sum is due at 12pm on Dec 17.

Sen Yue says it is in discussions with DBS on suitable repayment proposals.

SINGAPORE (June 13): JEP Holdings says wholly-owned subsidiary JEP Industrates has received a letter of demand dated June 7, 2019, by solicitors acting for South Korea-based YG-1 Co.

SINGAPORE (Feb 7): Sino Grandness Food Industry Group says it is currently preparing to repatriate funds back from China, by way of dividend, amid ongoing negotiations with Soleado Holdings to extend the repayment of $28.7 million owed.

SINGAPORE (June 7): Investment holding company Innopac Holdings has received a letter of demand from Saxo Bank.

SINGAPORE (Oct 19): China Environment announced that wholly-owned subsidiary, Fujian Dongyuan Environmental Protection Co., has received a letter of demand dated Oct 12 from the Bank of China claiming the repayment of RMB56.1 million ($11.5 million) in ov