DHC Capital sponsored the CA ANZ / ACCA golf tournament held at Marina Bay Golf Course on 29 July 2022. The event was an immense success with members of both organisations having the opportunity to re-connect post pandemic and make new connections. Congratulations to the event winners for the excellent golf played on a challenging golf course.
Read MoreRead on for the Business Times article on the Ministry of Law’s (MinLaw) announcement of the final extension of the application period for the Simplified Insolvency Programme (“SIP”), which was due to close on 28 July 2022. The deadline is extended for a period of 18 months to 28 January 2024.
Read MoreDHC Capital has been appointed as independent financial advisor to No Signboard Holdings Ltd (SGX: 1G6) to advise on the debt restructuring and scheme of arrangement.
Read MoreDHC Capital appointed as independent valuer by Viking Offshore and Marine Ltd (SGX: 1Y1) for divestment of subsidiaries, Viking Airtech Pte Ltd and Viking HVAC Pte Ltd to Acapella Energy Pte Ltd.
Read MoreCapital World Ltd (SGX: 1D5) completed the allotment and issuance of the Scheme Shares (as defined in the Scheme) on 14 April 2022. The Scheme Shares were listed and quoted on the Catalist Board of the Singapore Exchange with effect from on or about 19 April 2022. Accordingly, under the terms of the Scheme, the Scheme has been completed on 26 April 2022.
Read MoreAn engaging and insightful discussion on Singapore’s Simplified Debt Restructuring Programme (“SDRP”) and Simplified Winding Up Programme at the iPAM / INSOL Asia Hub webinar held on 21 April 2022.
Read MoreAn engaging and insightful discussion on “Post COVID-19 business recovery – Where are we now, dealing with the challenges ahead and capitalising on new opportunities” at the CA ANZ webinar held on 19 April 2022.
Read MoreMulhacen Pte Ltd completed the EUR515 million Notes restructuring via exchange offer and consent solicitation on 18 March 2022.
Read MoreDHC Capital’s submission dated 9 September 2021 was published on the Australian Government (The Treasury) (“The Treasury”) website in March 2022.
Read MoreDavid Chew appointed as Chair of Chartered Accountants Australia and New Zealand (“CA ANZ”) Singapore Overseas Regional Council for 2022. David Chew was Vice-Chair in 2021.
Read More“It always seems impossible until its done”
-- Nelson Mandela
We turned 4 years old (click here for our 1-year update, 2-year update and 3-year update).
Read on for the GRR article on the sanction of the Prosafe SE (OSX: PRS) and Prosafe Rigs Pte Ltd schemes of arrangement on 18 October 2021. The successful sanctioning of the scheme marks the completion of the Singapore Court supervised process in one of the largest schemes in Singapore enacted under the Insolvency, Restructuring and Dissolution Act 2018 (and its predecessor laws in the Companies (Amendment) Act 2017, which came into force on 23 May 2017).
Read MoreThe Singapore schemes of arrangement for Prosafe SE (OSX: PRS) and Prosafe Rigs Pte Ltd were sanctioned by Court on 18 October 2021. The scheme meetings were held on 28 September 2021, at which the schemes obtained the approval of 100% in number and 100% in value from scheme creditors present and voting for each class of scheme creditors.
Read MoreAn engaging and insightful panel discussion on “Rescue Financing” at the Legal Era 6th Annual Insolvency Summit 2021 held on 8 October 2021.
Read MoreAn engaging and insightful discussion on “Recent Developments in Rescue Financing in Singapore: A Case Study Approach” at the SMU Law Academy webinar held on 15 July 2021.
Read MoreDHC Capital has been nominated as Chairperson of the scheme meetings and to report the results of the scheme meetings to the Court for Prosafe SE (OSX: PRS) and Prosafe Rigs Pte Ltd scheme of arrangement.
Read MoreRead 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.
Read MoreCapital World Ltd (SGX: 1D5) (“Capital World”) “pre-pack” scheme of arrangement was sanctioned by Court on 24 June 2021 pursuant to Section 71 of the Insolvency, Restructuring and Dissolution Act 2018. The Order of Court was lodged with the Accounting and Corporate Regulatory Authority of Singapore (ACRA) on 9 July 2021. The scheme is effective upon lodgement of the Order with completion subject to satisfaction of conditions precedents as set out in the scheme.
Read MoreDHC Capital Partner David Chew will be speaking at SMU Law Academy webinar on “Recent Developments in Rescue Financing in Singapore: A Case Study Approach” on 15 July 2021.
Read MoreViking Offshore and Marine Ltd (SGX: 557) (“VOM”) “pre-pack” scheme of arrangement was sanctioned by Court on 28 May 2021. The scheme was approved by the requisite majorities of creditors on 13 April 2021.
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