Emerging risks | Growth Opportunities | APAC Insurance

Saturday, May 10, 2025

Emerging risks | Growth opportunities | APAC insurance

Saturday, 10 May 2025

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Vesttoo creditors demand liquidation; interim CEO argues for recapitalisation

The Official Committee of Unsecured Creditors pushes for liquidation and draws parallels to infamous Ponzi scheme run by Bernie Madoff, while Vesttoo's interim CEO defends reorganisation strategy, asserting underlying technology and talent value.
Vesttoo creditors demand liquidation interim ceo argues for recapitalisation  rein asia

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