June 15, 2017 / 5:34 AM / 2 months ago

BRIEF-Premier Enterprise updates on payment of debt pursuant to Supreme Court's judgement

June 15 (Reuters) - Premier Enterprise Pcl:

* Updates on payment of debt pursuant to Supreme Court's judgement

* Revenue department turns down Co's proposal to pay debt in installments and states that debt must be paid within 15 days

* Premier enterprise says any action taken by revenue department against Co will not have an impact on the continuance of business operation of Co's units

* If Co fails to make the payment within the given time, revenue department will sell the assets of co to pay off the debt Source text for Eikon: Further company coverage:

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