Boldtek Holdings Advances Restructuring Efforts

Boldtek Holdings Limited (SG:5VI) has released an update.

Boldtek Holdings Limited, currently under judicial management, has received unanimous creditor support for an extension to submit its Statement of Proposals, as part of its restructuring process. The company’s subsidiaries are seeking to appeal or extend the time for regulatory filings with the Accounting and Corporate Regulatory Authority in light of the ongoing restructuring. Additionally, a creditors’ meeting is scheduled to discuss potential investment and restructuring plans for Logistics Construction Pte Ltd, another entity under judicial management within the group.

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