Interserve finance chief resigns weeks after rescue deal

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Britain's troubled outsourcer Interserve Group Ltd said on Wednesday its finance chief Mark Whiteling had resigned after being in the post since Oct.

Whiteling's resignation comes weeks after the debt-laden company was placed in administration following a rescue plan that was rejected by its shareholders.The statement confirms Sky News report that said Whiteling resigned to pursue his non-executive career.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pakistan's finance minister quits as cabinet shuffled before IMF dealPakistan's finance minister Asad Umar stepped down in a cabinet shuffle Thursday as Islamabad seeks a crucial bailout deal with the International Monetary Fund. The government named Abdul Hafeez Sheikh, a former World Bank official who was Pakistan's finance minister from 2010-2013, as '
Source: YahooSG - 🏆 3. / 71 Read more »

Pakistan's finance minister steps down ahead of IMF dealISLAMABAD: Pakistan's finance minister Asad Umar has stepped down from cabinet, he announced Thursday (Apr 18), ahead of securing a crucial ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

SM Investments moves to terminate Hyflux rescue deal in 'accordance with restructuring agreement terms'SINGAPORE: Indonesia's SM Investments on Friday (Apr 19) rejected accusations by Hyflux that it breached a rescue deal that both parties entered ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

SM Investments moves to terminate Hyflux rescue deal in 'accordance with restructuring agreement terms'SINGAPORE — Indonesia's SM Investments on Friday (Apr 19) rejected accusations by Hyflux that it breached a rescue deal that both parties entered into, moving to terminate the plan in “accordance with the terms of the restructuring agreement”.
Source: TODAYonline - 🏆 1. / 99 Read more »

SM Investments terminates Hyflux rescue deal, both parties suing each otherIn addition to suing SMI, Hyflux is also claiming the S$38.9 million deposit “placed into escrow shortly after the Restructuring Agreement.” Meanwhile, SMI will be suing Hyflux for cancelling the S$530 million rescue deal
Source: IndependentSG - 🏆 2. / 72 Read more »

There is still a risk of no-deal Brexit despite delay, says EU chief JunckerBRUSSELS (REUTERS) - There is a still a concern that Britain may leave the European Union without a deal to smooth the way, the bloc's chief executive said on Saturday (April 20), urging Britain to take advantage of a six-month delay to work out the details of its departure.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Deputy Finance Minister: Malaysia on track to becoming a global Islamic finance hubAccording to Thomson Reuters’s Islamic Financial Development Report in 2018, Malaysia is currently the leader in Islamic finance among 56 countries
Source: IndependentSG - 🏆 2. / 72 Read more »

Tesla's Elon Musk, SEC ask court for another week to work out deal on Twitter use[NEW YORK] Tesla Inc chief executive Elon Musk and the US Securities and Exchange Commission are seeking more time from a federal court to settle a dispute over Mr Musk's use of Twitter, according to a court filing Thursday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

DBS to cease financing of new coal power plantsDBS Bank has decided to cease financing new coal-fired power plants in any market, after honouring existing commitments, the second Singapore bank to do so. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

One third of job roles in finance may be impacted by automation: MAS-IBF studyWITH the rise of data analytics and automation, the next three to five years may see a third of job roles in Singapore's finance industry performed by fewer workers, potentially reducing overall demand for workers in specific job roles. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

China Belt and Road Summit to urge sustainable financingSHANGHAI: World leaders meeting in Beijing this week for a summit on China's Belt and Road initiative will agree to project financing that respects global debt goals and promotes green growth, according to a draft communique seen by Reuters. The initiative...
Source: thenewpaper - 🏆 7. / 63 Read more »