Regional news: Tunisia
Islamic offshore reinsurer wound-up in Malaysia
A Malaysian court has issued a winding-up order against the local arm of a Tunisia-headquartered Islamic reinsurance company that operates across Asia and Africa.
24 May 2021
Saudi-owned telecoms group’s restructuring plan approved
Africa’s Smile Telecoms Holdings has had its UK restructuring plan sanctioned after a judge found it had fixed “the last piece of the jigsaw”: a third party whose exercise of a put option had given it the discretion on whether the plan came into effect.
30 March 2021
Telecoms group's restructuring plan sanction adjourned
UPDATED: A pan-African telecoms group’s UK restructuring plan sanction hearing has been adjourned, after a court found that the sole dissenting creditor had the discretion on whether the plan would come into effect.
19 March 2021