>>>>>>>>> Parent company of Poh Lian Construction said the interim judicial managers considered a possible sale of PLC with
its ratings without any liabilities, which shall be hived off in a separate vehicle where a scheme of arrangement
..shall be undertaken in respect of those liabilities. <<<<<<<<<<<<<
Someone told me Poh Lian is a well known company that builds HDB. Apparently it has strong track record that allows it to tender for HDB building contracts that many others cannot. Now this news about the company in deep trouble, what's going on?
I thought HDB building many many flats, what is happening? Will there be enough flats in future, are they built to same standards like before?
its ratings without any liabilities, which shall be hived off in a separate vehicle where a scheme of arrangement
..shall be undertaken in respect of those liabilities. <<<<<<<<<<<<<
Someone told me Poh Lian is a well known company that builds HDB. Apparently it has strong track record that allows it to tender for HDB building contracts that many others cannot. Now this news about the company in deep trouble, what's going on?
I thought HDB building many many flats, what is happening? Will there be enough flats in future, are they built to same standards like before?
