Tag: fleet financing
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Singapore’s Shariot and Related Firms Face S$180 Million Debt: What This Means for Car-Sharing
Overview: A Car-Sharing Group in Financial Trouble Singapore’s burgeoning car-sharing scene is facing a major shakeup as Shariot, along with eight related companies including Autobahn Rent A Car, explores restructuring options. The group reportedly carries debts around S$180 million, prompting questions about liquidity, capitalization, and the future of shared mobility operators in a competitive Southeast…
