·1 хв читання · 72 слова·👁 215↗ 2
BT Exclusive: honestbee's former chairman Brian Koo and his venture firm plan to use a cash payment to settle 3 per cent…
BT Exclusive: honestbee's former chairman Brian Koo and his venture firm plan to use a cash payment to settle 3 per cent of what the embattled startup owes to about 800 creditors, The Business Times understands.
The remaining 97 per cent will be repaid via shares in a new Singapore entity that will own honestbee’s assets, under the startup's proposed scheme of arrangement to restructure its US$209 million worth of outstanding debt.