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Wednesday, June 19, 2019

Tag: bankrupt

Morib rep denies he is a bankrupt

Hasnul Baharuddin claims a bank and its lawyers made an error in dragging him to court, adding that the bank has agreed to cancel the court notice.

Indian oil giant halts fuel to beleaguered Jet Airways

The Mumbai-based airline, which was until recently India's second-biggest by market share, has also defaulted on several loan payments.

MACC probe into Mat Sabu’s aide shows how friends jostle for...

A source says the choice of the political aide has not sat well with close associates of the defence minister who have been eyeing the same position.

Toys ‘R’ Us lenders may swap US$760 million in debt for...

The lenders would make a so-called "credit bid" by using their senior secured notes in the Asia business rather than cash, and win ownership of the unit during an auction next month in New York.

Teo: I didn’t say we’d place PTPTN defaulters on bankruptcy list

The deputy education minister says her statement has been misunderstood and misrepresented.

In farewell to US shoppers, Toys ‘R’ Us urges ‘Play on!’

More than 700 Toys "R" Us stores are shuttering in the United States.

BN lost due to slander hurled by PH, says Najib

The former PM queries how it was possible for PH leaders to declare within three days that the country's economy, which they claimed was about to collapse, was stable again.

See-To tells ‘what Pua forgot to tell you’

BN man says it's easy to talk of Selangor not going bankrupt 'if it does not pay its bills'.

Abolishing GST won’t bankrupt Malaysia, says Pua

DAP's Tony Pua cites the example of Selangor's economic management in dismissing need for GST.

Malaysia not going bankrupt, says DAP veteran

The eight-term Kepong MP says the country's economic growth has definitely not been a failure.

I cried for 2 days straight, says PPBM hopeful declared a...

State PPBM information chief Yaakob Osman says he was shocked when he was denied candidacy in Penaga.

PKR: Official letter shows Yaakob is not bankrupt

An image of a letter from the Insolvency Department about Yaakob Osman's status is posted on Anwar Ibrahim's Facebook page.

Dr M: Some officers will do illegal things on orders

Pakatan chairman says he is saying so openly and hopes Najib Razak will sue him, as well as the Wall Street Journal.

Listen to the experts, economy is okay, says Najib

The prime minister says Pakatan Harapan is the only group which says Malaysia will go bankrupt.

Elon Musk makes light of Tesla’s woes in April 1 Twitter...

Elon Musk has tweeted, "Despite intense efforts to raise money, including a last-ditch mass sale of Easter Eggs, we are sad to report that Tesla has gone completely and totally bankrupt. So bankrupt, you can't believe it."

Government bankrupt? Nonsense, says Zahid

The deputy prime minister dismisses claims that Putrajaya is bankrupt, cites allocation set aside for the people as proof.

Reports: Toys ‘R’ Us to shut or sell all US stores

Toys 'R' US plans to sell or close all of its US stores, potentially hitting 33,000 jobs.

14,000 discharged from bankruptcy since 2013

Deputy minister says government hopes to release more individuals from bankruptcy so that it will not affect national productivity.

Azalina: Over 14.6 million registered voters as of June 2017

Minister in the PM's Department Azalina Othman Said says about 3.8 million citizens who are eligible to vote, still have not registered as voters.

Shahrir: Felda far from bankrupt, assets exceed liabilities

Chairman says allegation Felda is selling its London property because it has no funds, is uncalled for.

Minister says hands tied over fate of 3,600 laid-off MAS workers

Richard Riot says as MAS has declared bankruptcy, the ministry cannot legally go after the company as it no longer exists.

Bankruptcy cases expected to be halved with change in law

Minister Azalina Othman Said says increasing minimum debt level to RM50,000 and removing liability against social guarantors among measures which will help those affected.

‘Lajim’s Parti Harapan presidency intact despite bankruptcy order’

Deputy president Maijol Mahap says annulment under Section 105 of Bankruptcy Act 1957, wipes out prior bankruptcy order, putting Lajim Ukin back as he was in party.

What has become of Malaysia’s politicians?

Too many politicians think only about mega investments, big feasibility studies and glamorous projects while the country dwindles to almost nothing.