Prosecutors sell remaining crypto from bankrupt trading site Knaken for €2.2 million
Prosecutors sell remaining crypto from bankrupt trading site Knaken for €2.2 million | NL Times Skip to main content Read the original article here
Ontario builder, property company placed in receivership over RBC debt
Diamond Luxury, incorporated in 2020, operates a builder business from 1534 Dundas Street West in Mississauga, which is owned by 1000704900 Ontario Inc. Both companies are directed by Imran Ahmed. RBC provided Diamond Luxury with a $1.5 million revolving demand facility and $50,000 business credit card, while the numbered company received a $1.125 million non-revolving…
State Govt owed money as creditors pull plug on SA energy company
Creditors have voted to wind up ZEN Energy and 11 related companies after administrators failed to secure a buyer, with the group owing about $1.1 billion and secured creditors facing recoveries of no more than about 10 cents in the dollar even in a high-case scenario. Read the original article here
Intercontinental Exchange CEO bought Warren Buffett’s near-bankrupt company for $1,000
A small investment made at the right moment has the power to launch ordinary people to millionaire status. All it took was $1,000 and an out-there idea for Jeffrey Sprecher, the founder and CEO of Intercontinental Exchange, to set his business on a path to becoming a $85 billion behemoth. “I had this idea that…
JSW Mahanadi Power and Raigarh Champa Rail Reach Amicable Settlement in NCLAT Dispute, ETEnergyworld
The joint memo thus filed is taken on record, and accordingly, the appeal is disposed of in terms of the memo, said a NCLAT bench comprising Justice N Seshasayee (Judicial Member) and Jatindranath Swain (Technical Member). Insolvency appellate tribunal NCLAT has disposed of an appeal filed by JSW Mahanadi Power Company Ltd against Raigarh Champa…
Singapore Nozomii vending business collapse leaves 40 investors facing over RM12m in losses
SINGAPORE, Aug 16 — More than 40 investors in a Singapore vending-machine business are facing losses of up to S$4 million (RM12.6 million) after its owner was declared bankrupt last month, following promises of annual returns of up to 10 per cent. Lim Jian Bin, who marketed himself as a successful entrepreneur with investments in…
Singapore Nozomii vending business collapse leaves 40 investors facing over RM12m in losses
SINGAPORE, Aug 16 — More than 40 investors in a Singapore vending-machine business are facing losses of up to S$4 million (RM12.6 million) after its owner was declared bankrupt last month, following promises of annual returns of up to 10 per cent. Lim Jian Bin, who marketed himself as a successful entrepreneur with investments in…
PANDION's Insolvency Cascade Deepens as Five Subsidiaries Seek Protection – ad-hoc-news.de
PANDION’s Insolvency Cascade Deepens as Five Subsidiaries Seek Protection ad-hoc-news.de Read the original article here
Vending machine boss bankrupted; investors lose $4m
Zaihan Mohamed YusofThe Straits TimesAug 16, 2026 He branded himself as a former private-hire vehicle (PHV) driver-turned-savvy businessman, with investments in 500-plus vending machines and commercial properties. Lim Jian Bin, who is also known by his online moniker Takeshi Lim, met potential investors decked in branded clothes with a luxury watch on his wrist, and…
Former PHV driver-turned-vending machine boss now broke; investors worry about their $4m, Singapore News
SINGAPORE – He branded himself as a former private-hire vehicle (PHV) driver-turned-savvy businessman, with investments in 500-plus vending machines and commercial properties. Lim Jian Bin, who is also known by his online moniker Takeshi Lim, met potential investors decked in branded clothes with a luxury watch on his wrist, and driving a Lamborghini, and later…