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Zettai’s proposed restructuring scheme receives majority creditors’ approval
- Zettai Pte Ltd has received majority approval for its proposed restructuring scheme.
- About 93.1% of scheme creditors voted 'FOR' the scheme, representing 94.6% by value.
- The approval exceeds the statutory voting threshold requirement.
- Zettai will file an application with the Singapore Court for the sanction of the creditor approved scheme.
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