Platige Image Decides To Initiate Out-Of-Court Restructuring Proceedings
Oct 1 (Reuters) - Platige Image SA PLIP.WA:
SAID ON WEDNESDAY THAT MANAGEMENT HAS DECIDED TO INITIATE OUT-OF-COURT RESTRUCTURING PROCEEDINGS IN THE FORM OF PROCEEDINGS FOR THE ARRANGEMENT APPROVAL
SAYS DECISION RELATES TO COMPANY'S CURRENT FINANCIAL SITUATION AND AIMS TO LAY GROUNDWORK FOR STABILISING ITS SITUATION AND ENSURING CONTINUED OPERATION
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Further company coverage: PLIP.WA