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liquidation
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.
December 11, 2018
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 agreement with Jackson Private Limited (JIPL) and its directo
May 23, 2017
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 news of Jackson International Private Limited (JIPL)
April 26, 2017
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 million ($240 million) writedown.
February 03, 2017
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 court on Oct 18.
In August, a Cayman Islands court ordered
October 24, 2016
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 interest in aiding the group to complete its ongoing projects.
September 05, 2016
10 O&M stocks that could be in financial hot water
SINGAPORE (Aug 3): UOB Kay Hian is turning negative on the offshore and marine (O&M) sector, downgrading its rating to “underweight” on mounting liquidity pressure on the sector amid a prolonged downturn.
August 03, 2016
DBS loaned US$146 mil to Swiber in last two months: documents
SINGAPORE (Aug 2): DBS Group Holdings, Singapore's biggest bank, made two loans to oil and gas services firm Swiber Holdings totalling US$146 million ($196 mil) weeks before the company filed for liquidation, according to court documents seen by Reute
August 03, 2016
Swiber lenders said in talks with firm to drop liquidation bid
SINGAPORE (July 29): Some of Swiber Holdings’ lenders are pushing for the offshore oil and gas services group to continue its business rather than pursue its plans for liquidation to meet creditor demands, according to people familiar with the talks.
July 29, 2016