The Business Times
business-time-50

Autobahn Rent A Car suspends its business; gives up fight for protection from creditors

This means its creditors including DBS, OCBC, UOB can continue claims or writs of asset seizure and sale

Summarise
google-preferred-sourceAdd BT as a preferred source
Derryn Wong

Derryn Wong

Published Tue, Jan 6, 2026 · 04:42 PM
阅读简体中文版 (beta)
    • The group comprises 18 automotive sector companies, including car sharing service Shariot.
    • The group comprises 18 automotive sector companies, including car sharing service Shariot. PHOTO: BT FILE

    [SINGAPORE] The Autobahn Rent A Car group of seven related companies has withdrawn its appeal on its dismissed application for creditor protection.

    The Business Times understands that the group withdrew its appeal on Tuesday (Jan 6).

    Clarence Lun, the solicitor for the group, said: “Following lengthy consideration, our client has decided to pause business due to operational constraints and insurance cancellation.”

    InsolvencyRide-hailing

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

    Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    The suspension at Manulife comes amid a broader, coordinated crackdown on cross-border wealth channels.

    Manulife pulls loan product for rich Hong Kong clients after scrutiny

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More