PC Jeweller Ltd has made significant progress in clearing its outstanding debt, with the company repaying all debt to 9 of the 14 consortium banks ahead of scheduled due dates. The company has also discharged more than 96% of the outstanding debt owed to the remaining five banks, bringing it to within less than 4% of its goal for a debt-free status. This move, achieved through a one-time settlement agreement signed on September 30, 2024, is expected to materially strengthen the company's balance sheet.
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Governance Expert Prof. Agyeman-Duah believes the recent changes to the Boards of nine State-Owned Enterprises (SOEs) may have been triggered by issues beyond the entities’ reported profitability.
Hong Kong’s market regulator has reclassified some of the city’s authorised funds with exposure to private market assets above a certain amount as complex products, raising the threshold for selling…
Hong Kong’s market regulator has reclassified some of the city’s authorised funds with exposure to private market assets above a certain amount as complex products, raising the threshold for selling…
