Whether it is a part of corporate reorganisation or simply wanting to close down a dormant entity for cost-saving reasons, we can assist you in the assessment, planning and implementation of an orderly winding down program, followed by the solvent liquidation process.

Our services include determining the appropriate course of action and steps to be taken, proposing solutions and recommendations to potential issues, evaluation of risks to reduce the negative impact of winding down, and preparation of statutory documents to effect the liquidation process, all while preserving as much value as possible.

A company is said to be insolvent when it is unable to pay its debts to its creditors. In the face of insolvency coupled with an unviable business with no prospect to continue on, we act as Liquidators to assist companies and creditors in the liquidation process.

Company directors and officeholders may not be aware of their fiduciary duties and the legal impact of their actions in these situations, some of which may result in the officeholder assuming personal liability. We can provide you with the guidance of the dos and don’ts to avoid any unwanted adverse outcome.

As Liquidators, we fully understand the concerns of creditors and other stakeholders. Our approach and actions are guided by our overarching duty to the creditors to maximise returns and to ensure effective stakeholder management.

We also act as Receivers and Agents for mortgagees where we focus on realising, delivering and/or preserving the value of the underlying security provided by the borrowers.

It is often said that prevention is better than cure. Likewise, early detection of a company’s weakening financial health is key to averting a fatal financial crisis, the same way that early intervention is essential for a successful restructuring. We can assist companies in recognising early warning signs and identifying pressure points before the situation becomes dire and options become limited.

When the going gets tough, the tough may get tougher especially without professional help. While a company’s management may be equipped with all the necessary skills and expertise to grow the company, most may not have the experience, know-how and technical knowledge to steer the company away from a disastrous financial collapse.

Our restructuring services provide the much-needed guidance and support to companies facing financial distress by leveraging on our experience, knowledge on the rules and regulations of the restructuring regime, and understanding of the best practices in these situations.

Our work involves undertaking a financial assessment of the company in distress, helping the management in stabilising the business, identifying issues and options available, recommending solutions, managing and negotiating with stakeholders and implementing the agreed restructuring plans for the company.

As financial forensic accountants, we employ our accounting, financial and investigative skills to investigate fraud and financial irregularities by analyzing and corroborating financial records and transactions, paper trails, events and statements given by individuals.

We cut through the complexities to present clients with our findings in a clear, concise and comprehensible manner.

We also offer other related services including acting as representatives of creditors or shareholders where our expertise and advice may be crucial to bridge the gap. In situations where relationships have broken down, it will be beneficial to engage us as a neutral and independent representative.

Other than that, we also provide assistance in planning, managing and implementing an asset sale process.

If you require any of the services above or require advice on which service is most suitable for you, please contact us for a non-obligatory and confidential consultation.