http://maltawinds.com/2018/08/15/insolvency-register/ The Courts of Justice, in partnership with the Registrar of Companies, succeeded in acquiring an EU grant to develop an integrated National Insolvency Register that will in future be interconnected to the European e-Justice Portal. The project was co-funded by the Justice Programme (2014-2020) of the European Union. MITA was appointed by the courts…
Port Macquarie recorded the highest number of personal bankruptcies in the state during the 2018 financial year, analysis shows. Some 82 people in Port Macquarie declared bankruptcy during that time. The figures also ranked Port Macquarie sixth in the top 10 Australian locations by volume for bankruptcy. Data registry and analytics business illion combined official bankruptcy data with…
Marka, a Dubai-based retailer and owner of a group of restaurants, narrowed its second quarter loss on after the cost of sales and expenses fell as the company continues to restructure its business. Net loss for the three-month period ending June 30 came down to Dh12 million from Dh126m reported for the same period in…
Retail operator Marka reported a total profit of AED 2.8 million in Q2 2018 – compared from an operational loss of AED 48.6 million in the same time period in 2017 as the company continues with its restructuring plan, it announced on Wednesday. The results mark the second consecutive operationally profitable quarter for the company. …
About 100 would-be homeowners have had their dreams crushed after an estimated total of $3 million in housing deposits went missing. Winning Post Officer allegedly took the deposits before the families were told the company had gone into liquidation. The company linked to the project, RIC Homes, does not even own the land the buyers…
Dear Sir / Madam, We would like to inform you that 2nd meeting of Committee of Creditors of Sterling Biotech Limited was held on Friday, 10th August 2018 at 12.00 Noon IST at IMC Bldg., IMC Marg, Churchgate, Mumbai – 400 020, Maharashtra, India. The voting period for list of resolutions to be voted at…
German online gambling operator Mybet has announced its intention to file for insolvency after failing to come to terms with a would-be financial savior. On Tuesday, Mybet issued a statement indicating that its board of directors was preparing an application to open insolvency proceedings after talks with a strategic investor failed to produce an agreement.…
KUALA LUMPUR: Some 64,632 Malaysians aged between 18 to 44 years old have been declared bankrupt over the last five years, the Parliament was told. Minister in the Prime Minister’s Department Liew Vui Keong said in a written reply that the highest cases of bankruptcy among the youth were recorded in 2014 with a total…
LUXEMBOURG–(BUSINESS WIRE)–Pacific Drilling S.A. (OTC: PACDQ) today reported results for the second quarter of 2018. Net loss for the second-quarter 2018 was $103.7 million or $4.86 per diluted share, compared to net loss of $96.1 million or $4.50 per diluted share for the first-quarter 2018, and net loss of $138.1 million or $6.48 per diluted…
Fairfax Media has swung to a full-year loss, hurt by its regional and New Zealand operations plus restructuring and redundancy costs, in what may be its last financial results as an independent company. The 177 year-old media group – in the process of being taken over by Nine Entertainment – reported a net loss of…