Standard Chartered Plc is working as global coordinator to help Omans debt management office raise the funds that could be backed by the World Banks Multilateral Investment Guarantee Agency (MIGA), according to an official at the Ministry of Finance. Oman may raise the financing through a loan or bond with a potential maturity of 15…
The City watchdog has confirmed that it has no power to take action against RBS senior managers over their treatment of small firms involved with the banks disgraced Global Restructuring Group. The Financial Conduct Authority last year launched an investigation into the unit of Royal Bank of Scotland set up to help struggling businesses. GRG,…
Diagram 1: Current IOT Model of Jingmei Hospital Diagram 2: Business Model after Restructured Jingmei Hospital HONG KONG, Jul 31, 2018 – (ACN Newswire) – Lately, China Resources Phoenix Healthcare or CR Phoenix (01515.HK) released a public announcement to participate in the restructuring of Beijing Jingmei Group General Hospital and its subordinate medical or elderly…
MUNICH, Germany What happens with currently struggling and on e-bike components focused electronics specialist Bloks GmbH? On July 2018 two days before Eurobike opened its doors the company from Munich, Germany had to file for insolvency. The responsible court appointed Dr. Christian Gerloff from Munich law firm Gerloff-Liebler Rechtsanwälte as the insolvency administrator. For Gerloff…
A non-bank lender has appointed a new national relationship manager to help facilitate the growing demand for commercial credit. Non-bank lender NWC Finance has appointed Matthew Tenace to the role of national relationship manager, accountancy and legal professions, effective immediately. The credit provider has claimed that the appointment has been made as NWC is seeing…
The Daily Maverick has reported that Vodacom paid R1.25 million to settle a legal battle with Paul OSullivan after giving his cellular records to underworld boss Radovan Krejcirs legal team. This followed a legal battle where OSullivan said Vodacom owes him R2 million for handing over his personal information without his permission. He said that he spent R2 million…
Hooters Australia has been placed in voluntary administration. But its business as usual at the three Sydney and one Gold Coast restaurants. Veritas Advisory is seeking buyers. The Australias branch of the US restaurant food chain Hooters, known for its female waiters wearing tight white t-shirts, has been placed into voluntary administration again. Administrators Veritas…