TT International Pushes Back Date of Creditors' Vote on Restructuring

MT Newswires

02/04

TT International (SGX:T09) has adjourned its scheme meeting to no later than March 14 after creditors approved the delay, according to a Monday filing on the Singapore Exchange.

A Singapore court has extended the company's moratorium until April 14, when it will hear the firm's request to prolong its restructuring deadline and amend the scheme.

The company, whose shares have been suspended since 2017, said there is no certainty the restructuring will succeed.

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