restructuring

SINGAPORE (Oct 3): StarHub is embarking on a strategic transformation review that will include laying off an estimated 300 of its full-time staff, primarily those in non-customer facing functions, with those affected to be notified by the end of this mont

SINGAPORE (Sept 11): Malaysia-based offshore support vessel (OSV) builder Nam Cheong expects to implement its sanctioned schemes of arrangement by this year, which would signal the “crossing of a key obstacle” in its ongoing restructuring exercise to

SINGAPORE (Jul 9): Hyflux has been granted a six-month and three-month extension of deadlines to file its 2Q18 and 3Q18 unaudited financial statements, originally due Aug 14 and Nov 14 this year, respectively.

SINGAPORE (June 14): Shares of Noble Group, the commodity trader battling for survival, slumped to a record low as efforts to get shareholder agreement on a controversial US$3.5 billion ($4.7 billion) debt restructuring deal take longer than expected.

SINGAPORE (Apr 16): Noble Group improved the terms of its controversial $3.4 billion debt restructuring deal and won the support of its biggest shareholder as the commodity trader seeks to complete the vital transaction.

(Mar 26): Embattled commodity trader Noble Group issued a defense of its planned restructuring, saying if shareholders vote down the plan it will probably enter insolvency proceedings in the UK or file for liquidation, such as Chapter 11 in the US, and ex

(Mar 7): As embattled commodities trader Noble Group scrambles to win support for its controversial debt restructuring proposal, one focus among some observers is a clause in the plan that releases the company and its representatives from claims made by s

(Feb 28): Holders of Noble Group Ltd.’s perpetual bonds joined forces to oppose the embattled commodity trader’s US$3.5 billion ($4.6 billion) restructuring plan.

SINGAPORE (Dec 20): Noble Group Ltd., the embattled commodities trader, faces a key deadline on Wednesday that could complicate its negotiations with creditors as it wrestles with a US$3.5 billion debt restructuring. 

(Dec 13): Noble Group is talking to creditors about a conventional restructuring that includes a debt-for-equity swap, according to people familiar with the negotiations, a move that represents a change of tack as the commodities trader fights for surviva