judicial management (JM)

Company in the news

Swiber Holdings receives nod from SGX-ST to delist

The SGX-ST’s decision is not an indication of the merits of the proposed delisting, says Swiber.

Regulatory Action

SGX RegCo reprimands former directors of Nutryfarm for breaching listing rules

Shares in Nutryfarm last traded at 8.5 cents before trading was suspended.

Company in the news

Nutryfarm's executive chairman resigns

All powers and duties of the directors have been suspended since the company was placed under judicial management.
Hyflux put under judicial management with immediate effect - THE EDGE SINGAPORE

Company in the news

Hyflux put under judicial management with immediate effect

The ruling comes following the company’s restructuring attempt that took place for over two years.
KS Energy directors, CEO, resign following appointment of judicial managers - THE EDGE SINGAPORE

Company in the news

KS Energy directors, CEO, resign following appointment of judicial managers

According to an SGX filing, the costs of the application will be paid out of the assets of KS Energy and KS Drilling.

Company in the news

High Court grants application to place KS Energy under interim judicial management

The Singapore High Court has granted OCBC Bank’s application to place KS Energy and its subsidiary, KS Drilling, under judicial management.

Management & Corporate Governance

OCBC files court applications for KS Energy to be put under judicial management

The move comes after the bank sent letters of demand to KS Energy, KS Drilling and six other subsidiaries for a US$230.7 million ($315.1 million) term loan and US$5 million bridging loan to KS Drilling.

Management & Corporate Governance

Hyflux’s debt moratorium extended to May 24

SINGAPORE (Apr 29): Debt-laden water company Hyflux has been given a month’s extension on its debt moratorium, instead of the three months it applied for.
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