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Brunei: Amedeo mega creditors homing on Evergreen.

Borneo Bulletin

| November 26, 2001 | COPYRIGHT 1999 Borneo Bulletin. (Hide copyright information)Copyright

As Global Evergeen, the wizard of a troubleshooting company was scheduled to settle the first round of claims of creditors of the bankrupt Amedeo Corporation of HRH Prince Jefri Bolkiah, some of the big time creditors are said to be gearing up for speedy resolution of their own mammoth claims.

According to its schedule Global Evergreen was supposed to settle claims by the participating Amedeo creditors from $1million to $5 million yesterday.

These comprise a majority of the 300 creditors with an estimated cost of around $40 million which would be borne by Global Evergreen.

Altogether the 300 creditors are owed more than $1 billion. Danny Wong's …

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