Restructuring

Restructuring

Keppel Corp extends KrisEnergy’s repayment of credit facility agreement to Sep 30

SINGAPORE (July 9): Keppel Corporation says it has extended its deadline for KrisEnergy to complete its restructuring process.

Restructuring

Cash-strapped KrisEnergy believes that its debt restructuring can be 'successfully achieved'

SINGAPORE (June 5): In response to SGX queries on Wednesday (June 3) on the independent auditor assessment of Material Uncertainty Related to Going Concern in its audit report, KrisEnergy

Restructuring

Aqua Munda still 'interested' in buying over Hyflux's debt

SINGAPORE (June 4): In a letter to Hyflux CEO Olivia Lum and its board of directors sent on Tuesday (June 2), Aqua Munda’s director Bambang Sugeng bin Kajairi says that the company is still “intere

Restructuring

66 parties file proofs of claim worth $3.1 bil against Hyflux

SINGAPORE (Mar 18): Embattled water treatment company Hyflux saw a total of 66 companies file proofs of claims, the company reported on Wednesday. 

Restructuring

Accrelist plans makeover, scrubs off electronics manufacturing for laser-like focus on aesthetics

SINGAPORE (Feb 7): Having just turned 52 years old, Terence Tea, executive chairman and managing director of Accrelist, does not look a day over 40.

Restructuring

Olam reorganises, mulls IPO of business units

SINGAPORE (Jan 20): Global food and agri-business Olam International is reorganising its business into two new distinct operating groups focusing on food ingredients and global agri-business.

Restructuring

SIAS calls on Aqua Munda to show 'more transparency' in bid for Hyflux debt

SINGAPORE (Dec 30): Securities Investors Association (Singapore) SIAS is urging Aqua Munda, which is trying to buy over Hyflux's debt, to be more transparent in its offer bid, referring in particul

Restructuring

Terence Tea reorganises stakes in Accrelist, Jubilee and EG

SINGAPORE (Dec 24): Terence Tea Yeok Kian, executive chairman of Accrelist, which is gearing up for expansion into the aesthetics business, is trying to reorganise his stakes in  three of the separ

Restructuring

Hyflux gets offer from new investor to purchase debts of $1.8 bil from creditors, subsidiaries

SINGAPORE (Dec 18): Hyflux, the debt-laden water treatment company that is undergoing restructuring, said it has received an offer to buy its debt.

Restructuring

Grand Banks Yachts increases order book; to adopt more aggressive marketing strategy as earnings improve

SINGAPORE (Dec 2): During a recent visit to Grand Banks Yachts’ yard at Pasir Gudang, Johor, its shareholders were delighted to see that the 55,000 sq m factory was running at almost full capacity.

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