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Singulus Technologies has highlighted the essential support it needs from shareholders and bondholders to avert liquidity issues that would force the company into insolvency.
Specialist PV manufacturing equipment supplier Singulus Technologies has highlighted the essential support it needs from shareholders and bondholders to avert liquidity issues that would force the company into insolvency.
The company is planning to hold several bondholder meetings and an Extraordinary General Meeting in an attempt to gain support for balance sheet restructuring that will allow further corporate restructuring.
The company noted in a financial statement that: “The restructuring of the corpo…
Read the full article at: http://www.pv-tech.org/news/singulus-needs-support-from-bondholders-to-prevent-insolvency