Charisma Energy Services (SG:5QT) has released an update.
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Charisma Energy Services Limited has announced court approval of its Supplementary Scheme, signaling progress in its financial restructuring efforts. The Scheme, approved on 26 September 2024, includes the appointment of Scheme Managers from RSM SG Corporate Advisory Pte. Ltd. for implementation. Additionally, the company has completed an Assignment Agreement related to the Yichang Disposal, ensuring the transfer of Purchase Consideration to designated accounts, further stabilizing the company’s financial position.
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