PIL SS Teo-led Pacific International Lines (PIL) has detailed how it intends to restructure and carry on business, urging noteholders to avoid pushing for a liquidation of the under pressure liner company. PIL has already received $112m to tide it over from Heliconia Capital Management, a unit of Singapores sovereign wealth fund, Temasek Holdings. In…
Robert Charles/Stuff Energy City Cabs went into voluntary liquidation on November 10. One of Taranaki’s longest running taxi companies has gone into liquidation, but you may not notice much difference. Energy City Cabs, known for their jingle wanna cab, need a cab, get a cab to go , have ceased operating in Taranaki and went…
Robert Charles/Stuff Energy City Cabs went into voluntary liquidation on November 10. One of Taranaki’s longest running taxi companies has gone into liquidation, but you may not notice much difference. Energy City Cabs, known for their jingle wanna cab, need a cab, get a cab to go , have ceased operating in Taranaki and went…
Virgin Australia has put a positive spin on the realities of near-empty airports, as a young girl expresses her excitement to be back in the air, by dancing through the airport to INXSs What you need. Titled You cant keep a good thing down, the campaign is the first major marketing activity since Virgin Australia…
Virgin Australia is celebrating its emergence from voluntary administration on Tuesday with an early drop of more than half a million fares from $75. While the best deals are out of Sydney, flights from Brisbane start at $89 – to Newcastle, Proserpine and Sydney – and top out at $159 to Launceston. Pack your bags…
Business 12 Nov, 2020 05:30 AM 3 minutes to read Video will play in Play now Don’t auto play Never auto play Inside NZ’s biggest retail store: Ikea rival Nido set to open second level of 27,000 sqm site. Video / Nido The founder and developer of New Zealand’s biggest furniture store has told suppliers…
CATALIST-LISTED M Development intends to go private by means of a members’ voluntary liquidation, it said in a Singapore Exchange (SGX) filing on Thursday evening. This follows the Oct 16 notification of delisting which M Development received from SGX. In compliance with Listing Rule 1309, the company must provide a fair and reasonable exit offer…
Business 12 Nov, 2020 05:30 AM 3 minutes to read Video will play in Play now Don’t auto play Never auto play Inside NZ’s biggest retail store: Ikea rival Nido set to open second level of 27,000 sqm site. Video / Nido The founder and developer of New Zealand’s biggest furniture store has told suppliers…
Business Standard Lavasa, a subsidiary of construction major HCC, has defaulted on bank loans worth Rs 7,700 crore TopicsLavasa|Real Estate |RBI Dev Chatterjee | Mumbai Last Updated at November 12, 2020 00:22 IST Lenders to Lavasa Corporation are making a last-ditch effort to attract bidders for the eponymous hill city near Pune, seeking final bids…
An iconic Australian retailer based in the heart of Brisbane’s CBD has collapsed into liquidation after the closure of international borders eliminated its largest customer base. UGG & Emu, a long-time tenant in the Queen Street Mall, was placed into liquidation this week after closing its doors on Sunday owing over half a million dollars.…