The development follows the conclusion of the insurance industry’s recapitalisation exercise, after which NAICOM issued new licences to 43 companies that met the requirements under the Nigerian Insurance Industry Reform Act 2025. Eight other insurers that failed to meet the requirements now face the liquidation process. NAICOM concludes recapitalisation exercise NAICOM introduced new capital requirements…
SINGAPORE – Singapore-based AI recruitment platform Snaphunt is being wound up after a planned US$2.8 million (S$3.5 million) funding round was said to have been delayed, leaving it without enough cash to continue operating. The company resolved on July 30 to wind up operations. Tan Wei Cheong and Justin Lim from Deloitte Singapore SR&T Restructuring…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Key takeaways: At least 16 freight companies were left with unpaid invoices. The debts exceeded US$508,000, €334,000 and £25,000. The bills were incurred during a three-month period between August and October 2024. The company belonged to the JCTrans international freight network, which appeared to give it credibility among other members. Investigators said the business could…
Funding during voluntary administration – right of indemnity and liens ashurstperkinscoie.com Read the original article here
Top WA hospitality venues enter administration The West Australian Read the original article here
Streetwear boss pursues collapsed developer over $9.2m loan The Daily Telegraph Read the original article here
REVEALED: Liquidator appointments for businesses in the Brisbane council area for August 17 The Courier Mail Read the original article here
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…