Feb 25, 2011
OTHERS: B.I.G. INDUSTRIES BERHAD (“BIG” OR “THE COMPANY”) – PROPOSED DEBT RESTRUCTURING SCHEME The Board of Directors of the Company wishes to announce that the Corporate Debt Restructuring Committee (“CDRC”) has via its letter dated 25 February 201

 

General Announcement
Reference No BI-110225-56001
Company Name
:
 B.I.G. INDUSTRIES BERHAD
Stock Name
:
 BIG
Date Announced
:
 25/02/2011
Type
:
 Announcement
Subject
:
OTHERS
Description
:
B.I.G. INDUSTRIES BERHAD (“BIG” OR “THE COMPANY”)
– PROPOSED DEBT RESTRUCTURING SCHEMEThe Board of Directors of the Company wishes to announce that the Corporate Debt Restructuring Committee (“CDRC”) has via its letter dated 25 February 2011 accepted the Company’s application to mediate between BIG and its unsecured financial lender.

The CDRC has allowed the Company a period of 6 months commencing from 25 February 2011 to complete a proposed debt restructuring scheme (“Proposed Debt Restructuring Scheme”).

The Company will make the necessary announcement once the Proposed Debt Restructuring Scheme is finalised.

This announcement is dated 25 February 2011.
Announcement Details/Table Section : 
© 2011, Bursa Malaysia Berhad. All Rights Reserved.