Tue 07/25/2023 01:44 AM
Reorg has held a discussion with GLP Pte Ltd touching upon issues relating to its asset monetization plans, liquidity profile,
Bidco receivables, capital allocation plans and business prospects, among other details.
See Reorg’s coverage of an earlier GLP investor call held on May 5
HERE and the company’s tear sheet analysis
HERE.
Asset Monetization
According to a GLP
offering memorandum, in March 2022, CLH Ltd. entered into a share purchase agreement to transfer the 18% stake in...
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