Singapore: Linc enters voluntary administration, FWD buys majority in Shenton

17 Apr 2016 - DealStreetAsia
Linc Energy is entering voluntary administration and CapitaLand’s RCS Trust has secured an S$1.06 billion loan facility. Meanwhile, life and medical insurance provider FWD Group has acquired 90 per cent of Shenton Insurance. Oil & gas company Linc Energy has entered into voluntary administration and ...
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These highly-indebted corporates will be at risk once interest rates rise

23 Jun 2015 - Singapore Business Review
They have high gearing and low interest rate cover. Higher Singapore interest rates could spell trouble for locally-listed corporates with high gearing. RHB Research released a list of 24 firms which have gearing greater than 120% and an interest cover below 2x. The ten firms with the highest gearing ...
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