SINGAPORE (The Straits Times/Asia News Network): Pandemic aside, the corporate world saw its fair share of drama this year as several businessmen made the news for the wrong reasons.
Professor Peng Liu and Terence Loh ’97, MBA ’06 challenge students to solve a real-world business problem in their case study, “Real Estate: Private Equity Investment in Shanghai.” This research was published jointly by the Center for Hospitality Research and the Center for Real Estate and Finance.
Axington s $405m reverse takeover deal with Hong Kong Web technology firm falls through straitstimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from straitstimes.com Daily Mail and Mail on Sunday newspapers.
The Straits Times
A bankruptcy order has been filed against Axington s controlling shareholder Terence Loh.PHOTO: TERENCE LOH
Tay Peck Gek
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The Independent Singapore News
High Court grants bankruptcy order to Novena Globalâs Terence Loh
Mr Loh is in debt of around S$70 million to five banks. He now has 21 days to declare assets to the private trustee of his estate, an accounting firm BDO, who could sell the assets, including private property and vehicles, to pay his creditors back.
Facebook screengrab: Novena Global Lifecare
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Singapore â The bankruptcy hearing of Terence Loh, the co-founder of Novena Global Healthcare (NGH) on Thursday (July 8) resulted in the High Court granting the order.
Mr Loh is in debt of around S$70 million to five banks.