Bankruptcy/Liquidation

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.

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.

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.

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.

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).

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.

Myanmar junta’s forced remittance rules pull in $7.1b

A Myanmar migrant worker during a demonstration to mark Labor Day in Bangkok.

Wirecard scandal: S’pore firm oCap Management loses bid to access frozen funds for future lawsuits

German authorities are seeking a confiscation order over assets allegedly tied to the proceeds of crime obtained by oCap Management.

Spirit Airlines says most customers refunded, staff returned to home bases after sudden shutdown

A Spirit Airlines aircraft sitting at Miami International Airport in Florida on May 2, 2026.

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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.