News

Mfone staff paid final wages

Bankrupt telecommunications company Mfone yesterday handed out the final instalments of unpaid wages to former employees. More than 1,000 former Mfone staffers received the remaining 30 per cent of their unpaid wages after the telecommunications firm filed for bankruptcy in February 2013. Since then, workers have ...

May Kunmakara
http://www.phnompenhpost.com/business/mfone-staff-paid-final-wages

Former Mfone employees demand severance pay

About 30 former employees of now-defunct mobile operator Mfone protested Tuesday outside the office of the company’s liquidator, demanding pay promised to them and more than 1,000 other employees after the operator collapsed last year. Mr. Darin said he was paid 70 percent of his ...

Aun Pheap
http://www.cambodiadaily.com/business/former-mfone-employees-demand-severance-pay-60454/

Mfone Files Complaint With Court

The administrator charged with liquidating bankrupt mobile operator Mfone filed a complaint Tuesday with the Phnom Penh Municipal Court, requesting it to order two companies to pay money owed to Mfone after repayment negotiations apparently failed, the administrator said. Mobile payment service WING Cambodia Co. Ltd. ...

Aun Pheap and Joshua Wilwohl
http://www.cambodiadaily.com/business/mfone-files-complaint-with-court-47959/

Mfone’s Assets Sold For Hugely Reduced Price

The assets of bankrupt mobile operator Mfone, which owes creditors more than $160 million, have been sold to a single buyer for the bargain price of $10 million, a lawyer involved with the case said Monday. Khan Sereyvuthy, a legal adviser to the government-appointed administrator handling ...

Aun Pheap
http://www.cambodiadaily.com/business/mfones-assets-sold-for-hugely-reduced-price-46861/

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