ABU DHABI/WAM The Central Bank of the UAE (CBUAE) imposed varying financial sanctions amounting to ...
Read More »Singapore is wrestling with corporate life support
The going-concern issue is becoming a problem in Singapore. Ezra Holdings Ltd., an oil-services company, was the latest to indicate it faces debt hurdles that require a restructuring. Under Singapore law, as in the US, that could mean a stay on interest payments until creditors and shareholders agree on a balance sheet that allows the company to keep operating ...
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