SINGAPORE (March 22): Triyards Holdings, the 60%-owned subsidiary of beleaguered offshore company Ezra Holdings, says it is in the midst of assessing the potential impact of Ezra’s recent bankruptcy filing on the group – but, at this stage, does not have a problem continuing as a going concern.

(See also: Ezra Holdings files for US bankruptcy)

In a filing to the SGX on Tuesday night, Triyards says as a result from the Chapter 11 Filing made in the US by Ezra, there may be “certain financial institutions” which provided Triyards borrowings, and could seek to “assert [their] rights”.

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