S’pore car-sharing service Shariot and related firms potentially restructuring amid $180m debt
The Straits Times - Sports·2025-11-27 06:02
SINGAPORE – Car-sharing company Shariot is among nine related companies requesting its creditors to hold off on recovering debts while they explore restructuring options .
The nine companies – which also include large car leasing firm Autobahn Rent A Car – deal in car sales, repair, leasing and financing. They are said to be interlinked in terms of their financial, operational and fleet-related arrangements and have the same shareholders.
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Astro KW 27/11/2025
Never heard of them.. Shariot, how Ignorant of me! 😓 $180 Million in debt., clearly the Business Model is Not working!? 🤔 Nine Companies linked to the same mess.. It is time to close shop and call it a day.. Creditors are like a pack of wolves 🐺 at the door..
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banban 27/11/2025
the Facebook group Complaint Singapore on Nov 25 , shows a man in a cream-coloured T-shirt charging at another man who was attempting to hit him with a wooden pole.
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Chai Png 30/11/2025
suffering the same fate as taxi's companies....too many sharing the same cake...cake become much smaller so only the powerful ones will remain.... 😂!
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