128 views
Ley Choon

SGX-listed Ley Choon finishes debt repayments

With this, Ley Choon will have better flexibility over its finances moving forward.

SGX-Catalist listed Ley Choon announced the completion of its final bullet repayment for all outstanding debts due to its lenders concerning the debt restructuring agreement (DRA).

The DRA was initially established in 2016 and was later amended in 2021.

ALSO READ: Why Singaporeans are okay with locking away over $4b of their money

With the absence of debt and an improved cash flow, Ley Choon said that it will have greater flexibility in its cash usage, working capital management, and future capital expenditure decisions.

The security package associated with the DRA will be released in due course.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Strides Premier enhances routing with Autofleet tech
The Singaporean taxi operator will utilise Autofleet’s platform to improve route planning and dispatching.
RGE and Singapore Fashion Council launch ‘Responsible Fashion Scholarship’
It is open for Singaporean citizens or permanent residents in full-time undergraduate or postgraduate programs at recognized institutions.