May 28 (Reuters) - The Singapore Flyer, a giant observation wheel seen as a major tourist attraction in the city-state, has been put in receivership just five years after it was launched to much fanfare.
Ferrier Hodgson, which specialises in insolvency and corporate turnarounds, was appointed as receivers and managers over the charged assets of Singapore Flyer Pte Ltd, the company which owns the 165-metre-high wheel. Full story
