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Bankruptcy/Liquidation

Beleaguered heritage company My Community owes MCCY’s Cultural Matching Fund $330,000

My Community Limited is linked to My Community, a heritage organisation that was registered as a society on Aug 26, 2010, and was known for free guided tours.
My Community Limited is linked to My Community, a heritage organisation that was registered as a society on Aug 26, 2010, and was known for free guided tours.

Heritage firm My Community winding up; founder says it cannot continue business due to liabilities

A heritage walking tour in the historical Queenstown and Dawson areas in Singapore, run by volunteer group My Community.
A heritage walking tour in the historical Queenstown and Dawson areas in Singapore, run by volunteer group My Community.

Hin Leong’s $3.4 billion claim against Deloitte struck out by apex court

The Court of Appeal has determined that Hin Leong’s trading losses were “not reasonably foreseeable” by Deloitte when it undertook the engagement.
The Court of Appeal has determined that Hin Leong’s trading losses were “not reasonably foreseeable” by Deloitte when it undertook the engagement.

Construction engineering firm Metrocon eyes SGX listing through Hatten Land takeover

Hatten Land has asked shareholders to approve a $28 million reverse takeover (RTO) by foundation engineering firm Metrocon Holdings.
Hatten Land has asked shareholders to approve a $28 million reverse takeover (RTO) by foundation engineering firm Metrocon Holdings.

Japan sees leap in bankruptcies triggered by weak yen

兑换率、新币、新元、日元、美金、美元、钞票。
Singapore Dollars, Singapore’s strong exchange rate,currency, US Dollars, Japanese Yen, paper notes.
兑换率、新币、新元、日元、美金、美元、钞票。
Singapore Dollars, Singapore’s strong exchange rate,currency, US Dollars, Japanese Yen, paper notes.

A bankrupt cannot remove trustee simply because their relationship soured: High Court

Singapore has in recent years shifted towards a system where private trustees administer most bankruptcy cases rather than the Official Assignee, a court officer.
Singapore has in recent years shifted towards a system where private trustees administer most bankruptcy cases rather than the Official Assignee, a court officer.

The kindest thing you can do for a failing business is close it

Most people see a bankruptcy filing as a catastrophe. More often, it is merely the formal acknowledgement that the catastrophe has already occurred. 
Most people see a bankruptcy filing as a catastrophe. More often, it is merely the formal acknowledgement that the catastrophe has already occurred. 

San Francisco Catholic church reaches $395 million sex abuse settlement

From overspending to business failures: Why more people end up bankrupt in Singapore

Personal bankruptcy cases reached 482 in the first quarter of 2026, up from 378 in the same period in 2025, according to data from the Ministry of Law (MinLaw).
Personal bankruptcy cases reached 482 in the first quarter of 2026, up from 378 in the same period in 2025, according to data from the Ministry of Law (MinLaw).

LIV Golf begins potential bankruptcy plans, Bloomberg News reports

Saudi Arabia said in April that investing in the LIV Golf league no longer fit with its investment strategy.
Saudi Arabia said in April that investing in the LIV Golf league no longer fit with its investment strategy.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.