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Nam Cheong Ltd (NMCG.SI)

NMCG.SI on Stock Exchange of Singapore

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22 May 2017
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Latest Key Developments (Source: Significant Developments)

Nam Cheong updates on group restructuring
Sunday, 23 Apr 2017 11:34am EDT 

April 23 (Reuters) - Nam Cheong Ltd ::Is holding talks with lenders to address significant debt maturities, which may include refinancing or restructuring of existing loans.Group, together with its advisers, are in midst of carrying out a review of cash flow projections, costs cutting measures.Also in discussions with various parties regarding possible transactions to contain operating costs.No definitive agreements in relation to restructuring have been entered into by group as at date of this announcement.In event restructuring is not favourably completed in a timely manner, co and group will be faced with a going concern issue.  Full Article

Nam Cheong Group responds to queries raised by SGX-ST
Friday, 24 Mar 2017 05:22am EDT 

Nam Cheong Ltd : Responds that group is confident that it can restructure its existing commitments and continue as a going concern . Responds that ongoing discussions with major lenders and other stakeholders are of a sensitive nature and on-going .Response to queries raised by SGX-ST on 21 March 2017.  Full Article

Nam Cheong Limited says David Ting Kah Soon resigns as CFO
Friday, 13 Jan 2017 08:01am EST 

Nam Cheong Limited - : Resignation Of Chief Financial Officer .Resignation of chief financial officer David Ting Kah Soon.  Full Article

More From Around the Web

BRIEF-Nam Cheong Group responds to queries raised by SGX-ST

* Responds that group is confident that it can restructure its existing commitments and continue as a going concern