Triyards calls for trading suspension as overdue loans loom

SINGAPORE (Sept 6): Triyards Holdings, which provides engineering, fabrication, and ship construction solutions for the global offshore and marine industry, has called for the suspension of the trading of its shares on the Singapore Exchange (SGX).

This come two days after the company requested for a trading halt on Monday before the market open.

In a regulatory filing to SGX, Triyards says it has received letters of demand from two of its lenders for overdue loan instalments amounting to US$0.8 million ($1.1 million).

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