debts

Restructuring

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

Among the claimants were DBS, Standard Chartered and Mizuho Bank, each with respective claim amounts of $98.7 million, $76.7 million and $193.7 million.

Singapore economy

Singapore faces rising tide of bad debt with record bonds maturing

(Aug 27): Singapore firms are likely to see more soured debt as the trade-reliant economy takes a hit from US-China tensions.

Noble Group frames the endgame: Deal, administration or Chapter 11

(Mar 26): Embattled commodity trader Noble Group issued a defense of its planned restructuring, saying if shareholders vote down the plan it will probably enter insolvency proceedings in the UK or file for liquidation, such as Chapter 11 in the US, and ex

Broker's Calls

OUE Hospitality Trust's early refinancing to result in higher DPU, says RHB

SINGAPORE (Jan 3): RHB is maintaining its “buy” call on OUE Hospitality Trust (OUE HT), while raising its target price on the REIT to 91 cents from 88 cents previously to factor in a cost of equity (COE) of -7.2% and 2% terminal growth for FY18F and F
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