Crypto exchange platform WazirX, which lost $230-million in a cyberattack last month, has filed an application with a Singapore court seeking a moratorium to allow it some time to restructure its ...
WazirX files moratorium application with Singapore court under insolvency act, seeks to restructure liabilities
Zettai Pte Ltd, the holding company of the cryptocurrency exchange WazirX, filed an application with the High Court of Singapore under Section 64 of the Insolvency, Restructuring and Dissolution Act ...
WazirX Asks Singapore Court for 6 Months to Restructure Liabilities as CoinSwitch Weighs Legal Action
Indian rival CoinSwitch said it is likely to sue the hacked crypto exchange, where $9.6 million worth of deposits were held.
Manufacturing growth expected to pick up in Q4 2024, led by electronics
Experts foresee more substantial sequential growth in the manufacturing sector, particularly in electronics, from Q4 2024 to 2025, after July's robust industrial production figures. UOB suggests this ...
WazirX applies for moratorium with Singapore Court to restructure assets
WazirX seeks moratorium in Singapore High Court to restructure liabilities, socialise losses, and recover assets post cyber breach.
WazirX’s Singapore-based parent company applies for moratorium
Zettai Pte Ltd, which holds the majority stake in WazirX, filed an application with the High Court of Singapore for a moratorium under Section 64 of the Insolvency, Restructuring and Dissolution Act, ...
Singapore to play bigger role in helping Chinese firms, partners mediate disputes in Belt and Road projects
After a stalemate for two years, representatives of both companies flew to Singapore, sat down in the presence of a mediator, and within a day, shook hands on a payment arrangement that satisfied both ...
The battle to succeed Hassan Sunny as Singapore’s No. 1 now begins in earnest
The Lions will move one step closer to deciding on Hassan Sunny's successor in the September international window.
Singapore must not let trend of ‘excessive’ individualism, populism affect local politics: Chee Hong Tat
SINGAPORE must avoid the “slippery slope” of excessive individualism, populism and short-termism, which have gained “dangerous traction” of late and become dominant driving forces in the politics of ...
WazirX Asks Singapore High Court for 6 Months to Restructure Its Liabilities
WazirX has filed an application with the Singapore High Court for a moratorium. The plan proposes to alloocate the impact from the cyberattack pro-rata across users. Indian cryptocurrency exchange ...
‘We do not take sides, we uphold principles’: Vivian on Singapore’s foreign policy approach
SINGAPORE: Singapore’s foreign policy approach is not to be neutral, but to act in a principled and consistent way based on long-term national interests, said Foreign Affairs Minister Vivian Balakrishnan on Tuesday (Aug 27).
Daily Cuts – Could Singapore ever experience major life-threatening sinkholes?
Singapore Today's Lance Alexander and Daniel Martin speak with Nithish Vattathoor, Consultant Geophysicist, Geophysical Surveys and Consulting, about whether Singapore could ever experience major life-threatening sinkholes.
Great Eastern’s group CEO Khor Hock Seng to retire in October
Great Eastern Holdings group CEO Khor Hock Seng will retire on Oct 31, according to a release dated Aug 28. He will be replaced by Greg Hingston, with effect from Nov 1.
OCBC files claim in High Court to recover S$6M connected to S$3B money laundering case
SINGAPORE: OCBC has filed a number of claims in the High Court for more than... The post OCBC files claim in High Court to recover S$6M connected to S$3B money laundering case appeared first on The In ...
Singapore stocks fall as investors await Nvidia results; STI declines 0.2%
SINGAPORE – A buoyant session on Wall Street overnight failed ... Local banking stocks finished lower. DBS declined 0.6 per cent to $35.68, OCBC contracted 0.5 per cent to $14.40 and UOB slid 0.5 per ...
Crypto millionaires soar by 95%
The number of individuals worldwide holding more than $1 million in crypto assets has soared by 95 per cent to 172,300, according to the Crypto Wealth Report 2024 by Henley & Partners. Bitcoin ...