Kontrolmatik Says Restructuring Negotiations Ongoing, Considers Asset Sale

About this update from Kontrolmatik Teknoloji Enerji Ve Muhendislik As

KONTROLMATİK TEKNOLOJİ ENERJİ VE MÜHENDİSLİK BIST:KONTR:SAID ON TUESDAY, COMPANY IS CURRENTLY EXPERIENCING CONSTRAINTS IN OBTAINING NON-CASH FINANCING FACILITIES AND LIQUIDITY SHORTAGESCOMPANY CONTINUES TO HOLD FINANCIAL RESTRUCTURING NEGOTIATIONS WITH ITS CREDITOR BANKSAPPLIED TO CAPITAL MARKETS BOARD FOR RIGHTS ISSUE CAPITAL INCREASE WITH EVALUATION ONGOINGTO REDUCE FINANCIAL LIABILITIES CONSIDERS ASSET SALE OPTIONDELAYS HAVE OCCURRED IN THE PAYMENT OF A PORTION OF EMPLOYEE SALARIESSource text for Workspace:Further company coverage:

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