The Story Is About Vauld Getting Further Extension To Restructure

Vauld Has Received A Further Extension To Help It With Its Financial Troubles

The Period Of Creditor Protection Was Extended By A Singapore Court

The Firm Wanted An Extension Until April 2021

Customer Withdrawals In July And The Hiring Of Advisers To Explore A Restructuring Have Yet To Come Up With A Plan

The Report Said That The Latest Extension Was Granted Today In The Singapore High Court

There Was Discussion Of A Potential Acquisition Of The Singapore Firm

Vauld Had Rejected A Final Takeover Proposal Because Of Concerns About Its Financial Health And Other Issues