The decision of the Singapore High Court in Re Mingda Holding Pte Ltd and another matter [2024] SGHC 130 illustrates the considerations for rewarding funding creditors with an appropriate priority in the distribution of assets, and also provides guidance for liquidators seeking to appoint solicitors to assist in their duties or to bring legal proceedings on behalf of the company.

On 29 November 2024, the Monetary Authority of Singapore announced changes affect real estate investment trusts (REITs): the imposition of a minimum interest coverage ratio (ICR) of 1.5 times and a single aggregate leverage limit of 50% on all REITs, and a requirement  on REITS to perform and disclose sensitivity analyses on the impact of changes in EBITDA and interest rates on their ICR in their financial result announcements and annual reports. This update briefly discusses the above requirements.

Published: 09 Jan 2025

Criminal Procedure and Sentencing – Sentencing

Civil Procedure — Appeals; Civil Procedure — Extension of time

Family Law — Custody ; Family Law — Maintenance