Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Asiatic Group (Holdings) Ltd. ( (SG:5CR) ) has shared an announcement.
Asiatic Group’s indirect subsidiary, Colben Energy Holding, has issued a letter of demand to Colben Energy Cambodia for the repayment of a loan amounting to USD 8,136,000. Additionally, they have demanded the transfer of shares from RGPPSEZ, which were pledged as collateral. The involved parties have requested more time to respond, and legal advice is being sought by Colben Energy Holding.
More about Asiatic Group (Holdings) Ltd.
Asiatic Group (Holdings) Limited, incorporated in Singapore, operates in the energy sector through its indirect subsidiary, Colben Energy Holding (PPSEZ) Limited. The company focuses on energy solutions and infrastructure, particularly in the Southeast Asian market.
Current Market Cap: S$12.02M
See more insights into 5CR stock on TipRanks’ Stock Analysis page.