Asia

Berlian Laju has until mid-March to fix debts

 

Jakarta: Endangered line Berlian Laju Tanker has been given a final 75-day extension by a Jakarta court to meet settlements with its creditors or else it will face bankruptcy. 

The judge in the court warned BLT to take this news seriously as this will be the final extension the tanker operator will get. BLT’s debt restructuring has been dragging on for a long time now.  [04/01/13]

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