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Logo of the Insolvency and Public Trustee's Office. The Insolvency & Public Trustee's Office (IPTO) in Singapore is a department under the Ministry of Law.IPTO oversees the administration of individual and corporate insolvencies, the administration of small intestate estates and un-nominated Central Provident Fund (CPF) monies, as well as the licensing and regulation of moneylenders and ...
Three Arrows Capital. Three Arrows Capital (also known as 3AC or TAC) was a Singapore -based cryptocurrency hedge fund which was ordered to liquidate on 27 June 2022 by a court in the British Virgin Islands. [1] It was founded in 2012 by Kyle Davies and Su Zhu. [3][4][5] The company borrowed billions of dollars to fund its trading, and ...
Hin Leong. Hin Leong Trading is a commodity trading corporation registered and headquartered in Singapore that was founded in 1963 by Lim Oon Kuin. One of Singapore's largest independent oil traders, Hin Leong filed for bankruptcy protection in April 2020. [1]
Crime rates in Singapore are some of the lowest in the world, with petty crimes such as pickpocketing and street theft rarely occurring, and violent crime being extremely rare. [ 1 ] Penalties for drug offences such as trafficking in Singapore are severe, and include the death penalty. [ 2 ]
Singapore-based Terraform Labs, in a filing with the bankruptcy court in Delaware, listed assets and liabilities in the range of $100-$500 million. Terraform Labs said it would meet all financial ...
The Supreme Court of Singapore is a set of courts in Singapore, comprising the Court of Appeal and the High Court. It hears both civil and criminal matters. The Court of Appeal hears both civil and criminal appeals from the High Court. The Court of Appeal may also decide a point of law reserved for its decision by the High Court, as well as any ...
In 2003, he told the Associated Press that he had managed to sell as many as 10 copies of The Hatchet Man of Singapore each time he went out, and that the first 2,000 copies had been almost sold out. [60] In May 2007, Jeyaretnam was discharged from bankruptcy after he paid the remaining sum of S$233,255.78 owed to his creditors. [61]
The 1997 Asian financial crisis was a period of financial crisis that gripped much of East and Southeast Asia during the late 1990s. The crisis began in Thailand in July 1997 before spreading to several other countries with a ripple effect, raising fears of a worldwide economic meltdown due to financial contagion. [1]