Hatten Land’s judicial managers seek unsecured replacement loan after delayed Brilliant funding

Reuters

Feb 27

Hatten Land’s judicial managers seek unsecured replacement loan after delayed Brilliant funding

Hatten Land Limited, which is under judicial management, said funding under its secured facility agreement with Brilliant has been delayed due to cross-border transfer issues, causing delays to certain workstreams for its proposed acquisition. The judicial managers said the company is in talks with an alternative lender for a new loan that would require no security and, if entered into, would be used to repay any outstanding amounts under the existing facility, cancel Brilliant’s commitment, terminate the secured facility agreement and release the existing security.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hatten Land Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: GUSC4WSPZWUE4SA5) on February 27, 2026, and is solely responsible for the information contained therein.

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The judicial managers said the company is in talks with an alternative lender for a new loan that would require no security and, if entered into, would be used to repay any outstanding amounts under the existing facility, cancel Brilliant’s commitment, terminate the secured facility agreement and release the existing security.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hatten Land Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. 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