VMIL moves to block Kintyre restructuring over $500m debt dispute
VM Investments Limited (VMIL) has secured an interim court order to stop a planned restructuring exercise by Kintyre Holdings (JA) Limited tied to a proposed New York Stock Exchange listing, as it moves to protect its security over shares pledged against a $500 million loan used to acquire Visual Vibe. The court action, disclosed in a VMIL release Wednesday, comes as Kintyre Holdings (JA) Limited (KHJL) — formerly iCreate Limited...
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