We advise regularly on debt restructuring exercise including property set-offs and settlement via issuance of private debt securities and other securities.
Our experience in this area includes:
- negotiating, structuring and drafting of restructuring schemes i.e. schemes of arrangement under Section 176 of the Malaysian Companies Act 1965 including application for restraining order, vesting order and other ancillary orders pursuant to Section 178 of the Malaysian Companies Act 1965;
- capital reduction pursuant to Section 64 of the Malaysian Companies Act 1965; and
- companies liquidation and receivership including voluntary winding up (including members’ and creditors’ winding up) and winding up through court order including other interlocutory proceedings such as appointment of private liquidator.