LOS ANGELES, CA, Jan. 23, 2023 (GLOBE NEWSWIRE) — via NewMediaWire WPF Holdings, Inc. (OTC PINK: WPFHD) formerly World Poker Fund Holdings, Inc., announces today that it has completed its corporate restructuring, which includes redomiciling the Company to Florida, renaming the Company to WPF Holdings, Inc., increasing its authorized common shares to 500 million shares…
DetailsAn aged pensioner who feared “losing everything”over an incorrect bill from the Robodebt scheme was forced to make repayments on the debt while she was still contesting it. Key points: The Royal Commission into the Robodebt Scheme resumed hearings for 2023 on Monday WitnessRosemary Gay said receiving an incorrect bill for almost $65,000 “turned my…
DetailsWPF Holdings, Inc. LOS ANGELES, CA, Jan. 23, 2023 (GLOBE NEWSWIRE) — via NewMediaWire WPF Holdings, Inc. (OTC PINK: WPFHD) formerly World Poker Fund Holdings, Inc., announces today that it has completed its corporate restructuring, which includes redomiciling the Company to Florida, renaming the Company to WPF Holdings, Inc., increasing its authorized common shares to…
DetailsGrok Ventures, the private arm of billionaire Mike Cannon-Brookes, will provide a $65 million loan to keep the company going while administrators seek a buyer. The funding would include a six-month interest-free period, Grok said in a statement. Administrators from FTI Consulting have accepted the Grok Ventures offer over other proposals and will finalise the…
Details1XBet, the controversial and rogue offshore betting website was declared bankrupt by the Dutch Supreme Court earlier this week. Incorporated in Curacao, a Dutch island in the carribbean, the betting brand has roots in Russia and Latvia. 1XBet was founded in 2007 and initially registered in Cyprus before shifting base to Curacao. As of 2021,…
Detailsby Callum Foote | Jan 23, 2023 | What’s the scam? Last week we published a story detailing ANZs corporate restructuring which now permits the bank to invest in non-banking activities free from strict financial regulations. ANZ was the first of the big banks to make such a move, and as part of our investigations,…
DetailsA scheme set up during the pandemic to help small businesses survive the ongoing volatile economic environment experienced its busiest period last week, as it rescued six firms from insolvency, retaining 23 jobs. The Small Company Administrative Rescue Process, or Scarp, aims to facilitate simplified out-of-court debt restructuring for small businesses deemed to be viable…
DetailsAnalysis A plan backed by Atlassian co-CEO Mike Cannon-Brookes aimed at providing 15 percent of Singapore’s electricity needs using solar energy generated in Australia has collapsed. The Australia-Asia PowerLink (AAPL) project envisioned installing 120km2 of solar panels capable of generating 3.2 gigawatts in Australia’s Northern Territory, storing the output in a giant battery near the…
Details22 January 2023 Consultancy.asia 2 min. read Global professional services firm FTI Consulting has bolstered its Corporate Finance & Restructuring division in Asia with two senior appointments: Tadashi Yamazaki (Japan) and May Yee Koay (Singapore). Both seasoned professionals join the globalconsulting firm as a Managing Director, with Yamazaki adding depth to the transactions and mergers…
DetailsAid and campaign groups, including Oxfam and Christian Aid, have called on the international community to cancel a large portion of Gahan’s debts as it struggles to deal with the worst economic crisis in the country’s history only a few months before it is due to host the African Games in Accra. Ghana’s consumer inflation…
Details