$The Place Holdings Ltd (E27.SG)$ $Ascent Bridge (AWG.SG)$Ascent Bridge says that Sun Quan, its chairman and CEO, has on Mar 30 fully settled the outstanding amount of a bankruptcy court application. The bankruptcy claim against Sun was first announced by the company on Mar 10.
He is now "liaising" with the claimant's lawyer to "discontinue/withdraw" the claim, states the company on Mar 31.
Sun Quan is also the non-executive director of The Place. Is this the end of The Place's problems?
Ascent Bridge says bankruptcy claim against chairman settled
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Gary Yong6 OP : New dropped
Gary Yong6 OP : Laoji