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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

Sharanya Pillai

Published Tue, Aug 27, 2019 · 09:50 PM

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

    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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