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Creditors fear illiquid equity in new honestbee entity

STARTUPS

Creditors fear illiquid equity in new honestbee entity

They say that as shareholders, they would be in worse situation if the new company fails; distressed startup delays last tranche of salary repayment to ex-staff
4 -min read
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They say that as shareholders, they would be in worse situation if the new company fails; distressed startup delays last tranche of salary repayment to ex-staff
4 -min read
Listen to this article

Singapore 

BEING stuck with potentially illiquid stock was a key concern raised at honestbee's creditor townhall on Monday, which was attended by over 100 creditors, The Business Times has learnt from attendees.

The closed-door townhall was held at the startup's habitat concept...