Branding blunders can turn out to be costly in the long run. On the other hand, it will likely not be seen as fair for the junior creditors as they suffer a very significant quantum of losses. MacDonalds, KFC, Star Bucks and several food chains use the franchising route to gain international market definition access.
Process Innovation Hyflux located its research and manufacturing facilities in China to take advantage of scale economies.
For the record, I agree with OCBC when they say emphasis mine : For senior unsecured creditors, the preliminary terms are hard to reject given that recoveries are significantly higher than liquidation with the potential for further upside. There Benzi means a rush to die.
Bata shoe company gives the design too small units in target countries for making their shoes and accessories that are then sold under the Bata brand name. By way of illustration, the average wholesale electricity price has dropped from about SGD per MWh in when the Tuaspring project was awarded to an average of SGD81 per MWh inresulting in significant losses from electricity generation.
So that leaves you with the current Scheme of Arrangement to restructure the company. Essentially, it entered into the new markets gradually and sequentially to acquire the necessary knowledge and expertise whilst effectively diffused its risk exposure.
In these areas, there is global standardization. What would I do? Imagine that you build 3 properties and sold them all in Franchising: One of the most prevalent market entry strategies that is gaining popularity across the world is franchising.