Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire. The name of the founder of Hin Leong Trading Pte. and his children Lim Huey Ching and Lim Chee Meng were listed as having been issued a bankruptcy order on December 19, the government gazette showed.…
“The individuals who paid Mr Scholz for his tips, to attend seminars or access private online forums, as well as those individuals who purchased shares based on his recommendations or statements of opinion, did not have the benefit of these protections.” Read the original article here
Here’s how True Value went bankrupt Crain’s Chicago Business Read the original article here
A Dubai housewife who flaunts her lavish lifestyle on social media is being bankrolled by her conman husband who fled the UK after being made bankrupt, MailOnline can reveal. Malaikah Raja has more than 1.5 million social media followers and regularly posts videos of her driving around in a brand-new pink Mercedes G-Wagon, shopping for…
Hero Electric, a once leading Indian electric two-wheeler manufacturer, has been admitted to insolvency proceedings following a petition filed by Metro Tyres over unpaid dues amounting to Rs 1.85 crore. A Delhi bench of the National Company Law Tribunal (NCLT) initiated the process under the provisions of India’s Insolvency and Bankruptcy Code (IBC), suspending Hero…
Since 1969, Fernandes Guitars has slowly made asserted itself as a go-to provider for budget import guitars. However, the Japanese company has announced that it has filed for bankruptcy. The company, best known for its lines of Fender and Gibson replica guitars and Sustainer electric guitar pickup, shared the news on 13 July. The company…
The year 2024 witnessed a severe economic downturn, culminating in the filing for bankruptcy of a plethora of top-notch companies. Here’s a sneak peek at some of the prominent ones. 1. Spirit Airlines Spirit Airlines, the largest US budget carrier filed a Chapter 11 bankruptcy (a legal process that allows a business to reorganise its…
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The Great Liquidation: Why are so many businesses going under right now? The Press Read the original article here
Karkinos was incorporated in India on July 24, 2020, and is in the business of providing technology-driven innovative solutions for the early detection, diagnosis, and management of cancer. It had a turnover of about Rs 22 crore in the 2022-23 fiscal. Last Updated : 28 December 2024, 09:01 IST Read the original article here