Monday, June 4, 2012

Berlian Laju

Berlian Laju: Clarifies resignation of restructuring advisor FTI Consulting. Resignation was due to fact that co had dual advisors (other firm Borrelli Walsh) and it was deemed no longer necessary in May. FTI Consulting also announced that the resignation was not due to trust issues. Co intends to commence discussion with its creditors before end of June.

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