Client update – July 2023
"Remember to celebrate milestones as you prepare for the road ahead"
--Nelson Mandela
We have just passed the first half of 2023, our sixth year of business (click here for our update on our fifth year). It has been a good start to the year with multiple deals completed or in progress.
Key transactions include:
Director / CRO appointment for private equity backed company
Identified new capital provider to facilitate secondary debt exit for ad hoc group of bondholders
Advised noteholders of S$101.75 million 7% Notes Due July 2020 issued by Century Sunshine Group Holdings Ltd (HKEX: 509) on restructuring by way of a Hong Kong scheme of arrangement and Singapore pre-pack scheme
Advised on the first pre-pack scheme in Singapore under the Simplified Debt Restructuring Programme
We ventured into the FinTech space and launched 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). 363Xchange aims to transform the way that new capital is sourced in the private markets. We are in the early stages and are excited to build the product and a critical mass of users. Registration to the marketplace and the first listing for each user is free.
We are grateful to our clients, partners and friends who have supported and trusted us.
Thank you for your support and trust.