Polaris

Company in the news

Polaris plans $398.3 million capital reduction to write off accumulated losses

Polaris currently has an issued and paid-up share capital of $402.7 million, with a total share base of 17 billion shares.

Company in the news

Polaris plans $393.6 million capital reduction

An earlier investment of US$10 million meant for its main US subsidiary has not been completed

Property

Polaris to sell Ubi property for $700,000

Polaris on Tuesday announced that it has entered into an option agreement to sell its investment property at 81 Ubi Avenue 4 #03-14 UB.One Singapore to Asia Ticketing for $700,000.

Trikomsel says Indonesian court to review debt workout plan

SINGAPORE (Sept 28): PT Trikomsel Oke, an Indonesian mobile-phone retailer that defaulted on bonds last year, said that a court hearing on the company’s debt workout plan will be held on Wednesday.
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