liquidation

Aviation

SIA to liquidate associated company of Scoot TigerAir, records one-off charge of $123.6 mil

SINGAPORE (June 26): Singapore Airlines (SIA) announced that the board of directors of NokScoot Airlines has passed a resolution to liquidate NokScoot on Friday.

Update

Backed into a corner, Hyflux remains uncertain over plans to extend debt moratorium

SINGAPORE (April 11): Hyflux remains undecided over the possibility of seeking an extended debt moratorium ahead of the April 30 deadline, according to the troubled water and power company’s repres

Management & Corporate Governance

Singapore authorities to continue investigation of key Midas personnel amid winding-up woes

SINGAPORE (April 2): Singapore’s authorities say they will continue their investigation into Midas Holdings’ former directors and officers in the event that the insolvent company winds up.

Management & Corporate Governance

Noble seeks court-ordered administration in Bermuda; says only way to avoid full liquidation

SINGAPORE (Dec 11): Noble Group plans to apply for a court-ordered administration in Bermuda on Dec 14 to complete the restructuring of the company into New Noble.

Management & Corporate Governance

Noble's ignoble end leaves a stain on Singapore

(Dec 11): Talk about shutting the stable door after the horse has bolted.

Broker's Calls

Positive upside seen for Viva Industrial Trust after crossing liquidation hurdle

SINGAPORE (May 23): RHB and OCBC Investment Research are reiterating their “buy” calls on Viva Industrial Trust (VIT) after the trust this morning announced that it had reached a settlement agreeme

Broker's Calls

Jackson International liquidation to have 'minimal' impact on Viva Industrial Trust

SINGAPORE (April 26): OCBC Investment Research is reiterating its “buy” call on Viva Industrial Trust (VIT) with a slightly lower fair value of 79.5 cents compared to 80 cents previously, following

Broker's Calls

Which bank will be hardest hit in the event of Ezra’s liquidation?

SINGAPORE (Feb 3): CIMB Research remains “underweight” on Singapore banks given that asset quality concerns still loom, especially since Ezra Holdings today announced the possibility of a US$170 mi

In print this week

US hedge fund that dealt with Asiasons, Blumont, LionGold files for bankruptcy

(Oct 24): Two Platinum Partners hedge funds have sought US Chapter 15 bankruptcy protection as part of an ongoing liquidation effort, according to court documents filed in the New York federal cour

Survival is still possible for Swiber, say interim judicial managers

SINGAPORE (Sept 5): Swiber Holding’s interim judicial managers (IJMs) said on Friday that the oil and gas company could be saved as its major suppliers, vendors and creditors have indicated interes

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