South Shore Holdings is facing the loss of its primary asset, THE 13 Hotel in Macau, plus delisting from the Hong Kong Stock Exchange should the Macau court officially declare the company bankrupt. After applying to the court this week for voluntary liquidation of its wholly-owned subsidiary New Concordia Hotel Limited, the sole beneficial owner…
share this article Share this article (The Jakarta Post) PREMIUM Jakarta Fri, June 25 2021 National flag carrier Garuda Indonesia is leaning toward two options to extricate itself from a debt crisis without placing additional burden on government finances. Garuda president director Irfan Setiaputra said the airline’s board was considering four major options in negotiations…
Antenna, an audio guide supplier to some of the UK’s biggest museums and galleries, has been bought by ATS Heritage after going into liquidation. The international technology firm provided tour solutions and technology such as apps, multimedia and audioguides for clients including Blenheim Palace and the National Gallery. A voluntary winding up notice was issued…
PANDEMIC costs and the high price of cattle have been named as key impacts leading to the placing of prominent live cattle exporters the North Australia Cattle Company, and its southern counterpart, into voluntary administration. The company, once the live export logistics business of Elders, has accumulated debts owed to trade creditors of approximately $3.6…
STADIO ENNIO TARDINI, PARMA, ITALY – 2020/12/19: Gianluigi Buffon of Juventus FC looks on during … [+] warm up prior to the Serie A football match between Parma Calcio and Juventus FC. Juventus FC won 4-0 over Parma Calcio. (Photo by Nicol Campo/LightRocket via Getty Images) LightRocket via Getty Images Age is just a number…
share this article Share this article (The Jakarta Post) PREMIUM Jakarta Fri, June 25 2021 National flag carrier Garuda Indonesia is leaning toward two options to extricate itself from a debt crisis without placing additional burden on government finances. Garuda president director Irfan Setiaputra said the airline’s board was considering four major options in negotiations…
In the context of Chinas continued growth story despite COVID-19, we look at how businesses invested in the region can strategize to survive and succeed. The purpose of restructuring in China should go beyond survival from the health crisis. Enterprises in all sectors and industries in China must plan for the next phase when choosing…
By Ian Walker X5 Retail Group NV said Thursday that it is reviewing options for a restructuring of its digital business into a separate unit within the group, as part of its 2021-2023 strategy. The Russian food retailer said options being considered include attracting public market investors, establishing a strategic partnership and growing the businesses…
share this article Share this article Vincent Fabian Thomas (The Jakarta Post) PREMIUM Jakarta Thu, June 24, 2021 National flag carrier Garuda Indonesia is leaning toward two options to extricate itself from a debt crisis without placing additional burden on government finances. Garuda president director Irfan Setiaputra said the airline’s board was considering four major…
The U.S. Supreme Court in 2018 overturned federal prohibitions against sports betting. In the years since, many states have jumped on the gambling bandwagon. Nearly two dozen states and Washington, D.C., have legalized sports betting, including online and mobile betting. Still, there are risks, unsurprisingly exacerbated by the COVID-19 pandemic. During lockdowns, online betting exploded.…