High Court gives honestbee 30 days to refine moratorium bid
But some of the startup's creditors are opposing its application for a stay
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Sharanya Pillai
Singapore
THE Singapore High Court has given honestbee an extra month to beef up its application for a six-month debt moratorium against its creditors, chief executive Ong Lay Ann said on Tuesday.
The embattled startup is looking to restructure some S$280 million worth of debt, owed to nearly 1,800 creditors, The Business Times understands.
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