THE legal changes that have made Singapore's debt-restructuring regime friendlier to debtors could meet their biggest test yet as weaker economic conditions send more companies into distress,...

[MUMBAI] The shipyard controlled by embattled Indian tycoon Anil Ambani is facing the prospect of bankruptcy after failing to get creditors' approval for restructuring 70 billion rupees (S$1.352...

CATALIST-LISTED lithium miner Alita Resources suspended trading of its shares on Tuesday morning, days after administrators and receivers were appointed in relation to its default on a secured A$...

[NEW DELHI] The insolvency administrator of Jet Airways India Ltd is seeking resolution proposals for the grounded airline in a move that may give hope to creditors including State Bank of India...

HYFLUX is in talks with seven different parties for a potential cash infusion, and plans to enter into a binding term sheet with one of them by mid-June.

HYFLUX has received a notice from BNP Paribas demanding payment of US$57.7 million, it said on Monday. 

HYFLUX has received a notice from BNP Paribas demanding payment of US$57.7 million, it said on Monday. 

HYFLUX SAGA

HYFLUX will restart talks with its creditors to explore outcomes other than liquidation, but has not decided yet on whether it will seek an extended debt moratorium from the Singapore High Court...

HYFLUX subsidiary Tuaspring Pte Ltd (TPL) has been slapped with a default notice from PUB, for failing to keep its desalination plant "reliably operational" as required under the Water...

HYFLUX has taken a S$916 million impairment for the nine months ended Sept 30, to adjust for a fall in carrying value of the Tuaspring water and power plant and other write-downs.