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Debt restructuring/Insolvency

Autobahn Rent A Car suspends business; at least one bank moves to locate cars under finance

Autobahn Rent A Car is suspending operation and intends to drop its appeal for court protection.
Autobahn Rent A Car is suspending operation and intends to drop its appeal for court protection.

How to tell your adult kids that the bank of mum and dad is closed

Experts say it can be a long journey for parents trying to help their adult children achieve financial independence.
Experts say it can be a long journey for parents trying to help their adult children achieve financial independence.

S’pore car-sharing service Shariot pauses vehicle rental services ‘until further notice’

Shariot said in a Facebook post on Dec 31 that the move is “part of an internal business restructuring and service review”.
Shariot said in a Facebook post on Dec 31 that the move is “part of an internal business restructuring and service review”.

Ukraine bonds at post-restructuring highs as investors see some progress in peace talks

Rescuers work at the site of the apartment building hit by a Russian drone during a Russian missile and drone strike, amid Russia's attack on Ukraine, in Kyiv, Ukraine December 27, 2025. REUTERS/Viacheslav Ratynskyi
Rescuers work at the site of the apartment building hit by a Russian drone during a Russian missile and drone strike, amid Russia's attack on Ukraine, in Kyiv, Ukraine December 27, 2025. REUTERS/Viacheslav Ratynskyi

How a man’s $250k debt ballooned to $21m due to high interest and penalties

The High Court ordered a retrial because it "shocked the conscience" that a $250K debt can turn into millions.
The High Court ordered a retrial because it "shocked the conscience" that a $250K debt can turn into millions.

The risk of lending money to relatives and friends

You should always think twice about lending money to those with financial woes unless you are willing to forgo the sums just to help them.
You should always think twice about lending money to those with financial woes unless you are willing to forgo the sums just to help them.

Autobahn Rent A Car fails to get court protection against creditors owed over $300 million

ST20251126_202526900461 Azmi Athni ntautobahn26//

Cars parked inside Autobahn Rent A Car office at Mountbatten on Nov 26, 2025. 

ST PHOTO: AZMI ATHNI
ST20251126_202526900461 Azmi Athni ntautobahn26//

Cars parked inside Autobahn Rent A Car office at Mountbatten on Nov 26, 2025. 

ST PHOTO: AZMI ATHNI

Former Cathay cinema operator mm2 gets lifeline after High Court shields it from creditors for 4 months

The move will allow the company time and breathing space to work out a plan to repay its creditors, said Judicial Commissioner Mohamed Faizal in a written judgment.
The move will allow the company time and breathing space to work out a plan to repay its creditors, said Judicial Commissioner Mohamed Faizal in a written judgment.

DBS, OCBC and others owed $306m by S’pore car-sharing service Shariot and related firms

ST20251126_202526900461 Azmi Athni ntautobahn26//

Cars parked inside Autobahn Rent A Car office (centre) at Mountbatten on Nov 26, 2025. 

ST PHOTO: AZMI ATHNI
ST20251126_202526900461 Azmi Athni ntautobahn26//

Cars parked inside Autobahn Rent A Car office (centre) at Mountbatten on Nov 26, 2025. 

ST PHOTO: AZMI ATHNI

OCBC files bid to wind up consumer electronics trader TT International

The Big Box warehouse mall in Jurong East, as seen in 2018. Consumer electronics trader TT International previously held a majority stake in the failed mall.
The Big Box warehouse mall in Jurong East, as seen in 2018. Consumer electronics trader TT International previously held a majority stake in the failed mall.

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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.