MF Global Singapore said today that its provisional liquidator, KPMG Singapore, has proposed an interim distribution of up to $350m in collected funds, according to Dow Jones. MF Global Singapore said in a statement that the liquidators had applied to the High Court of Singapore to seek acceptance of the distribution. If the High Court approves, payments will commence in February, Dow Jones reported.

MF Global Singapore liquidator to distribute funds

David Thomas

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