Poh Lian Construction placed under judicial management

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more to come? I believe Poh Lian is not the only one that is overly expanded...

Poh Lian Construction placed under judicial management

SINGAPORE : Local building company Poh Lian Construction was placed under judicial management by the Supreme Court on Friday.

This means that its assets will be protected, while an arrangement is made to pay off its debts.

The company's work on nine major projects has been affected.

These include two Housing and Development Board (HDB) Build-To-Order projects - Senja Gateway and Segar Grove - in Bukit Panjang.

http://www.channelnewsasia.com/news/busi...28708.html
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