Nearby loan specialist UOB's stock was among the top failures on Singapore Exchange on Thursday morning, as a report found that the bank is owed US$167.1 million by Swissco Holdings and its joint endeavors.
The stock was down 1.35 for each penny or S$0.27 to S$19.68 as at 9.15am.
Court filings express that UOB is the beset association's biggest loan boss.
The filings were a piece of the application for court-regulated administration made by the apparatus and vessel sanctioning gathering on Monday.
Swissco is the third Singapore-recorded oil benefits firm to settle on legal administration as of late.
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