David Chew

David is a Partner at DHC Capital.

David has over 27 years of experience in restructuring, turnaround, interim management and corporate finance as an advisor with Ernst & Young and Arthur Andersen, investment banker with Morgan Stanley, in senior management as a Chief Restructuring Officer (CRO), Chief Financial Officer (CFO) and interim CFO and Board member to distressed companies.

David has worked for and advised private and publicly listed corporates, bank creditors, bond holders, alternative capital providers and distressed investors across the full range of the restructuring transaction cycle, including crisis stabilisation, business, strategic and cash flow reviews, debt restructuring and schemes of arrangement, operational restructuring and turnaround, liquidity management initiatives, distressed M&A, rescue financing, refinancing and recapitalisations, distressed and special situations investing and board and interim management appointments.

David has been at the forefront of multiple “market first” restructuring transactions involving schemes of arrangement and innovative “new money” solutions including rescue financing, private credit and accelerated M&A in the region. These transactions include the first two successfully completed US$1 billion schemes of arrangement in Singapore under the Insolvency, Restructuring and Dissolution Act, the first and three subsequent “pre-packaged” schemes of arrangement in Singapore under Section 71 of the Insolvency, Restructuring and Dissolution Act, the first “pre-packaged” scheme of arrangement in Singapore under the Simplified Debt Restructuring Programme, the first three super priority rescue financings in Singapore under Section 211E of the Companies Act (now Section 67 of the Insolvency, Restructuring and Dissolution Act), first interim management appointment for a company undergoing a Court supervised scheme process under Section 211B of the Companies Act (now Section 64 of the Insolvency, Restructuring and Dissolution Act) and first major tech sector distressed M&A transaction.

David has lived and worked in Singapore, Hong Kong, Australia and Brunei. He has transaction experience across Asia Pacific, including transactions in Australia, Brunei, China, Hong Kong, India, Indonesia, Malaysia, Singapore, Thailand and Vietnam and across multiple sectors including, manufacturing, construction, mining and metals, oil & gas, technology, food & beverage, real estate, retail, tourism and leisure and shipping.

As an investment banker, David was involved in the sourcing, structuring and execution of high yield, stressed and distressed investment opportunities across Asia Pacific for Morgan Stanley prop books.

David founded 363Xchange, a first-of-its-kind, technology-driven global marketplace that connects buyers, sellers and investors of distressed assets and special situation opportunities (www.363xchange.com).