Thursday 23 October 2014
 
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liquidation

Bahrain firm allays fears of homes seizure

A Bahrain company that went into voluntary liquidation has reassured its customers that there will be no home seizures or foreclosures. Sakana Holistic Housing Solutions last week confirmed it was shutting down because its busines

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Sakana Housing goes into liquidation

Bahrain-based Sakana Holistic Housing Solutions has gone into voluntary liquidation, a report said.. The decision was announced via the Industry and Commerce Ministry's Business Investors Centre, the Gulf Daily News report sai

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Bidding 'war' for closed Waitrose outlets

A bidding war is underway for six former Waitrose outlets in Bahrain after the supermarket's regional partner announced it was going into liquidation. Supa Save Bahrain, which ran the country's Waitrose shops under franchi

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Liquidation of Saudi Integrated Telecom ordered

Saudi retail investors face hefty losses after a royal decree ordered the liquidation of Saudi Integrated Telecom Co (SITC), which floated its shares in an initial public offer (IPO) in 2011 but never started ope

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Ministry to help ex-staff of Bahrain Air

Bahrain’s Labour Ministry is aiming to find employment for Bahrain Air staff who lost their jobs when the airline went into voluntary liquidation, a report said. A total of 345 workers were affected when the company announce

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Ministry to help ex-staff of Bahrain Air

Bahrain’s Labour Ministry is aiming to find employment for Bahrain Air staff who lost their jobs when the airline went into voluntary liquidation, a report said. A total of 345 workers were affected when the company announce

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Bahrain Air sued over liquidation

A leading shipping and logistics firm has filed a case in Bahrain’s High Civil Court against the decision of Bahrain Air to enter voluntary liquidation. Logistics and shipping firm Almoayed Wilhelmsen argues the airline shou

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Bahrain Air payout dispute ends

Former Bahrain Air employees, who were laid off when the airline went into liquidation, received the first instalments of their severance packages yesterday. The remaining 60 per cent is due to be paid once the company sells off its assets.

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22,000 Bahrain Air tickets 'lost'

Around 22,000 Bahrain Air tickets purchased by customers were rendered invalid when the carrier went into voluntary liquidation last month, according to a former senior employee. They were reportedly sold to customers before the a

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SURPRISE MOVE: Bahrain Air files for liquidation

  Bahrain Air last night announced the immediate suspension of all its operations, and plans to file for voluntary liquidation. The decision was taken yesterday after an extraordinary general meeting with shareholders.

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