In the news – Legal and financial firms advising developer on Singapore and Malaysia proceedings (Global Restructuring Review)
Read on for GRR’s article on Capital World Ltd (SGX: 1D5) filing for restructuring proceedings in Singapore and Malaysia and the appointment of legal and financial advisors. DHC Capital has been appointed as independent financial advisor to Capital World Ltd to advise on the debt restructuring and scheme of arrangement. Capital World Ltd applied to commence a Court supervised process to restructure its liabilities and to seek a moratorium against enforcement actions and legal proceedings by creditors pursuant to section 211B of the Companies Act. The Court granted the application for a moratorium for a period of 6 months.
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