Friday, 16 September 2016

Stock Market News : IHC says appointment of receivers by banks not due to liquidity issues .

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SINGAPORE (16 Sept): International Healthway Corporation (IHC) says the arrangement of beneficiaries by Westpac Bank and National Australian Bank more than three of its Australian properties was a consequence of the banks protecting their interests and getting a reasonable worth deal in a straightforward way, instead of liquidity issues with home loan reimbursements or "souring of talks" with the banks. 

The medicinal services administrations and offices supplier was reacting to media reports distributed before in the week.

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