In the news – Shares of Viking Offshore & Marine to resume trading from Aug 23 (Business Times)
Read on for the Business Times article on the resumption of share trading for Viking Offshore and Marine Ltd (SGX: 1Y1). The successful resumption of trading marks the completion of the restructuring and recapitalisation process, which involved a senior lender debt settlement, “pre-packaged” scheme of arrangement involving a debt for equity conversion and new equity injection.
DHC Capital advised on the debt restructuring and “pre-packaged” scheme of arrangement (click here for further information on the “pre-packaged” scheme of arrangement). DHC Capital Partner, David Chew acted as Scheme Manager.