Hatten Land (SGX:PH0) which is currently under judicial management, held a creditors' meeting, where key resolutions were given the green light, according to a Monday filing with the Singapore Exchange.
Under the resolutions, the company signed a definitive agreement to acquire LBD Engineering, along with granting approval to its judicial managers to consider any proposed investment linked to the company.
Meanwhile, subsidiary, Hatten MS, was placed under liquidation.