Financially beleaguered Sapura Energy is battling hard to retain its status as a top flight Malaysian contractor to the oil and gas sector but the company admits to facing challenges in rebuilding its order book. Sapura said that is facing a drawback in efforts to rebuild its order book, given the limited access to bank…
DetailsA PWC spokesman says the sector was under more stress now because of cost escalations, delivery and labour issues. Photo / Fiona Goodall New Zealand had 283 building company liquidations in 11 months this year, Commerce and Consumer Affairs Minister David Clark said. Andrew Bayly, Nationals construction spokesman, said he was concerned about high failure…
DetailsFinancially beleaguered Sapura Energy is battling hard to retain its status as a top flight Malaysian contractor to the oil and gas sector but the company admits to facing challenges in rebuilding its order book. Sapura said that is facing a drawback in efforts to rebuild its order book, given the limited access to bank…
DetailsFinancially beleaguered Sapura Energy is battling hard to retain its status as a top flight Malaysian contractor to the oil and gas sector but the company admits to facing challenges in rebuilding its order book. Sapura said that is facing a drawback in efforts to rebuild its order book, given the limited access to bank…
DetailsFinancially beleaguered Sapura Energy is battling hard to retain its status as a top flight Malaysian contractor to the oil and gas sector but the company admits to facing challenges in rebuilding its order book. Sapura said that is facing a drawback in efforts to rebuild its order book, given the limited access to bank…
DetailsPMK president Anbumani Ramadoss on Sunday accused Tamil Nadu Governor R. N. Ravi of ignoring deaths by suicide due to enormous debt accrued by those engaged in online gambling, through mobile applications, and said such cases are continuing in the State because of the delay on his [the Governors] part in providing assent to the…
DetailsFinancially beleaguered Sapura Energy is battling hard to retain its status as a top flight Malaysian contractor to the oil and gas sector but the company admits to facing challenges in rebuilding its order book. Sapura said that is facing a drawback in efforts to rebuild its order book, given the limited access to bank…
DetailsThe administrators signalled in their report that the total claims of 4606 URF investors were sitting at more than $367.9 million. Shine Lawyers, which headed the class action against the company, and four other investors make up the COI. The committee said it weighed the marginal financial benefit of accepting the proposed deed of company…
DetailsWhile setting aside the NCLT order, the NCLAT bench directed an inquiry against the Resolution Professional. NEW DELHI: Setting aside a liquidation order of the National Company Law Tribunal (NCLT), which was based on the information provided by the Resolution Professional (RP), the principal bench of National Company Law Appellate Tribunal (NCLAT) has asked an…
DetailsWhat Is Venture Debt Financing? Venture debt financing is a type of financing often used by early-stage companies that are looking to raise capital but do not yet have a proven track record of generating revenue. Unlike traditional forms of debt financing, venture debt is typically provided by specialized lenders who are willing to take…
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