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Tag Archives: Bankruptcy

S$1.5b Envy Global fraud case: Ex-director’s bail raised to S$6 million after bankruptcy reveals more assets read full article at worldnews365.me

SINGAPORE: A businessman at the centre of an alleged US$1.1 billion (S$1.5 billion) nickel investment fraud case has had his bail amount increased from S$4 million to S$6 million. It was also decided on Thursday (Jan 19) that the case involving Ng Yu Zhi, former managing director of Envy Global Trading, will be transferred to …

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BBBY Shares Plunge 23% as Bed Bath & Beyond Hints at Bankruptcy read full article at worldnews365.me

Amid the rising concern within the shares of BBBY, the inventory is down by as a lot as 23.23% after beforehand hitting an All-Time Low (ATL).  An American chain of home merchandise retail shops Mattress Bathtub & Past Inc (NASDAQ: BBBY) has lastly given a extra regarding perception into its …

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Argo to Sell Helios Mining Facility to Galaxy Digital, Needs Extra Capital to Avoid Bankruptcy read full article at worldnews365.me

Troubled crypto miner Argo is ready to promote Helios to Galaxy Digital for a much-needed $65 million as insolvency looms. Argo Blockchain has reportedly agreed to promote its Helios mining facility to digital asset and blockchain-centric firm Galaxy Digital. Argo will promote the Helios mining plant to Galaxy Digital for $65 …

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