SUBSCRIBERS

High Court grants Nam Cheong permission for debt restructuring, extends moratorium

Add BT as a preferred source

Published Mon, Oct 30, 2017 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

THE Singapore High Court has extended a six-month moratorium on certain legal proceedings against Nam Cheong after granting the listed holding company the greenlight to proceed with debt restructuring under a scheme of arrangement (SA).

Nam Cheong said after Monday trading close that its SA was granted by the court on Oct 27.

nam cheong Debt restructuring

Reuse this content Feedback

TRENDING NOW

Air India has been one of the foreign carriers most affected by the outbreak of hostilities in the Middle East.

Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss

In this economy, the smartest bets might no longer be sitting an ocean away, but are waiting right here at home.

‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival

Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

Malaysia ranks 23rd globally on the Milken Institute’s global opportunity index.

South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report

Latest T-bills Treasury Bills Results & Interest News Latest SSB Singapore Savings Bonds News Latest COE Certificate of Entitlement News

Latest Johor-Singapore SEZ News Latest BTO Build To Order & Sales of Balance News Latest STI Straits Times Index News Latest SGX Dividends, Share Price News Latest Bonds Market News Latest Singapore Stocks To Buy News Latest Singapore Economy News