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judicial management (JM)
Company in the news
Hatten Land provides update on judicial management application; subsidiary GMSB receives notice of appointment
The powers of GMSB’s directors to manage and deal with GMSB’s charged assets are suspended. Hatten Land is seeking legal advice.
August 20, 2024
Company in the news
Hatten Land files court application to be put under judicial management
The suspension of the trading of the company’s shares was requested on Aug 5.
August 06, 2024
Company in the news
Swiber Holdings receives nod from SGX-ST to delist
The SGX-ST’s decision is not an indication of the merits of the proposed delisting, says Swiber.
June 19, 2023
Regulatory Action
SGX RegCo reprimands former directors of Nutryfarm for breaching listing rules
Shares in Nutryfarm last traded at 8.5 cents before trading was suspended.
June 16, 2023
Company in the news
Nutryfarm's executive chairman resigns
All powers and duties of the directors have been suspended since the company was placed under judicial management.
August 23, 2022
Company in the news
Hyflux put under judicial management with immediate effect
The ruling comes following the company’s restructuring attempt that took place for over two years.
November 16, 2020
Company in the news
KS Energy directors, CEO, resign following appointment of judicial managers
According to an SGX filing, the costs of the application will be paid out of the assets of KS Energy and KS Drilling.
October 14, 2020
Company in the news
High Court grants application to place KS Energy under interim judicial management
The Singapore High Court has granted OCBC Bank’s application to place KS Energy and its subsidiary, KS Drilling, under judicial management.
August 31, 2020
Management & Corporate Governance
OCBC files court applications for KS Energy to be put under judicial management
The move comes after the bank sent letters of demand to KS Energy, KS Drilling and six other subsidiaries for a US$230.7 million ($315.1 million) term loan and US$5 million bridging loan to KS Drilling.
August 28, 2020
Management & Corporate Governance
Hyflux’s debt moratorium extended to May 24
SINGAPORE (Apr 29): Debt-laden water company Hyflux has been given a month’s extension on its debt moratorium, instead of the three months it applied for.
April 29, 2019