Its plausible to believe that, deep inside Donald Trumps many years of tax returns, which he has declined to make public, a surprise lurks. Heck, we already know him to be a serial exaggerator, at minimum, a person who has testified that his feelings influence his calculation of his net worth. More than one commentator…
They also want extension of time period to complete QA KUALA LUMPUR : CLIQ Energy Bhds promoters have moved to apply for a general meeting to stop the liquidation of the companys assets and to extend the time period for completing a qualifying acquisition (QA). In an exchange filing, the board of directors of CLIQ…
Tasmanian electrical and communications company Russell-Smith has ceased trading, after being placed in the hands of external managers at the end of last year. Stewart Free and Bradd Morrelli from Jirsch Sutherland were appointed as voluntary administrators to Russell-Smith Pty Ltd on September 22. It comes only two years after the companys former parent company,…
Donald Trump h but his companies have. While the distinction is important, the fact that Trump’s companies have declared bankruptcy six times raises doubts about Trump’s business success. And it has hurt him financially. When the Trump Taj Mahal filed for bankruptcy in 1991 a year after it opened Trump had to sell off his yacht and…
Comvita chief executive Scott Coulter says job cuts have been difficult. Photo/George Novak Honey and health products company Comvita will cut 21 jobs in its Paengaroa head office and a further two jobs in Auckland as a result of its recently announced restructuring. Chief executive Scott Coulter told the Bay of Plenty Times on Monday…
By George Georgiopoulos and Lefteris Papadimas | ATHENS ATHENS Greece needs substantial relief to render its debt load sustainable and help set its ailing economy on a recovery path, the International Monetary Fund said in an annual review on Friday. The review, which is separate from current bailout implementation talks, said debt relief must be…
CLIQ’s proposed acquisition of 51% in Phystech II Joint Stock Company fell through earlier this year. The photo shows Phystech’s manifold and testing facility at the oilfield in Kazakhstan. KUALA LUMPUR: CLIQ Energy Bhds biggest shareholder Best Oracle Sdn Bhd applied on Monday to hold an EGM to stop CLIQ from being liquidated, the same…
By Andrew Housser Debt consolidation is a way of taking out one larger loan that combines all of your debts, so that you have one interest rate and one payment to focus your repayment efforts. Many options are available to consolidate your debts, whether you do it yourself or through a professional firm. To decide…
I believe Workhorse (NASDAQ:WKHS) is now teetering on the edge of insolvency after indisputably failing its unviable USPS bid attempt. Since my initial report, WKHS fundamentals have deteriorated faster and to a greater degree than even I expected, causing WKHS to lose nearly half of its value. Recently however, investors have become confused again about…
On the last day of bidding, the initial public offer (IPO) of HPL Electric & Power was fully subscribed till afternoon trade Speaking on the companys plans for the future, Gautam Seth, Jt MD, HPL Electric and Power told CNBC-TV18 that the proceeds from the IPO would be used to repay Rs 130 crore…