A household in Lorong Ikan Emas, Cheras has been subjected to harassment by loan sharks, popularly referred to as ah longs, due to a family members massive gambling debt. The family member involved owes several different loan sharks a total of about RM300,000, and debt collectors have since set their house on fire, splattered paint…
The petrol deal will allow Woolworths CEO Brad Banducci to press on with his store refurbishment program. Peter Rae The sale of Woolworths petrol business to BP for $1.8 billion will allow the company to cut its debt and pay for the $2 billion a year program to refurbish its supermarkets, but analysts have warned…
NEW YORK, Dec. 28, 2016 /PRNewswire/ — New York REIT, Inc. (“NYRT” or the “Company”) (NYSE: NYRT), today announced that the two leading independent proxy advisory firms, Institutional Shareholder Services (“ISS”) and Glass, Lewis & Co. (“Glass Lewis”), have recommended that New York REIT stockholders vote “FOR” the Plan of Complete Liquidation and Dissolution of the Company…
If it feels like Penn Treaty American Corp. has been here before, well, that’s because it has. This time, however, the Salisbury Township provider of long-term care policies is heading toward a much different outcome: court-ordered liquidation. While that might sound grim, government officials and industry experts say Penn Treaty’s 170 employees and 78,000 customers…
If it feels like Penn Treaty American Corp. has been here before, well, that’s because it has. This time, however, the Salisbury Township provider of long-term care policies is heading toward a much different outcome: court-ordered liquidation. While that might sound grim, government officials and industry experts say Penn Treaty’s 170 employees and 78,000 customers…
MILLIONS rely on credit cards to get them though the festive season but once January springs around they are left looking for a way to shift the debt. A combined £6.4billion is borrowed over Christmas according to research by Comparethemarket.com. Getty Images Millions rely on credit to fund their festive fun While a fifth anticipate…
BusinessPosted at: Dec 28, 2016, 12:03 AM; last updated: Dec 28, 2016, 12:03 AM (IST) Rules in place The Insolvency and Bankruptcy Code was notified in August and the Ministry of Corporate Affairs was entrusted with the responsibility to administer the Code To achieve the target, the three pillars as envisaged under the Code have…
FREE Breaking News Alerts from StreetInsider.com! StreetInsider.com Top Tickers, 12/28/2016 December 28, 2016 8:52 AM EST News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here. Toshiba (OTC: TOSBF) shares plunged 20% Wednesday after the company warned the goodwill write-off for the CB&I Stone…
Senior citizens and their carers are warned to be on the alert against scams, following the forced winding up of another company that had targeted the elderly. Souza Healthcare Ltd, a London-based company, that sold overpriced health supplements, specifically targeting elderly and vulnerable consumers was wound up by the High Court following an investigation by…
Investors wiped a fifth off of Toshibas market value on Wednesday as they scrambled to reassess the companys financial stability after its multibillion-dollar writedown warning, and analysts warned there was no end in sight to a runaway cost crisis. Fund managers in Tokyo and Hong Kong said the nuclear-to-electronics conglomerate once among the proudest names…