ING, Maybank top creditors of distressed Singapore firm Agritrade


Maybank building

SINGAPORE: ING and Malayan Banking Bhd (Maybank) were the top creditors of Singapore commodity trader Agritrade International, which was last month placed under interim judicial management.

Documents reviewed by Reuters showed Malaysia’s Maybank tops the list of secured lenders to Agritrade with US$118mil owed to it, with Dutch bank ING owed US$100mil.

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Monthly Plan

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Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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