PETALING JAYA: Holders of the irredeemable convertible unsecured loan stocks (Iculs) of Pilecon Engineering Bhd, a company which was delisted on Jan 14 this year, are still in the dark over the company’s restructuring plans.
Several of these Iculs holders contacted by StarBiz yesterday said they were unaware of any plans by the company to restructure or dispose its assets in order to redeem or pay off the loan stocks held by both secured and unsecured loan stock holders.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
