Pison Investments assures Hyflux’s P&P Holders of intention to engage with them

News

 

Pison Investments assures Hyflux’s P&P Holders of intention to engage with them


Date Published: 13 July 2020


The Team Who Represented Pison Investment:  Lisa Theng, Ken Chia, Bill Jamieson and Kenn Lim.




 

Further to the Invitation Memorandum issued by Pison Investments Pte Ltd (“Pison Investments”) dated 9 July 2020 inviting the Eligible Creditors (as defined in the Invitation Memorandum) to tender their respective Eligible Debts for purchase by Pison Investments on terms set out in the Invitation Memorandum, Pison Investments has on 13 July 2020 issued a press statement to express its intention to engage with the holders of Perpetual Capital Securities and Preference Shares issued by Hyflux Ltd. (“P&P Holders”) at the appropriate time. Kindly refer to the link below for further information.

Pison Investments is represented by CNPLaw LLP. The team is led by Managing Partner Lisa Theng and other partners involved are Bill Jamieson, Ken Chia and Kenn Lim.


Lisa Theng-Oct2017
Managing Partner

    As a managing partner, Lisa sees a need to ensure that our clients see us as their business partner and not as just a legal service provider. Our aim is to provide innovative legal solutions for our clients across Asia with a high level of service and support that will help our clients better manage and succeed in their own businesses.She has been involved with healthcare, oil and gas, manufacturing, engineering, distribution, trading, exhibition, publishing, food and beverage and leisure and entertainment companies on a range of issues. She also regularly works with private equity and venture capital companies and funds.



    Ken Chia Legal Partner at CNPLaw LLP image

    Partner

    Ken heads the Corporate advisory team in the firm and has an international focus in his corporate and M&A work and worked in business development positions with various subsidiaries of the Hang Lung Group in Shanghai and with Informa plc in Singapore. Ken is recognised as a Notable Practitioner by IFLR1000 in 2019 and 2020




    Bill Jamieson is a Partner at CNPLaw LLP. Bill is an English lawyer who is also registered to practise Singapore law in the areas of corporate law, banking and finance and securities laws. He enjoys working in the diverse and dynamic Asian market and helping his clients to achieve their goals.
    Partner

      Bill’s practice focuses on corporate financing transactions, investment funds, mergers and acquisitions, private equity and employment law matters. His experience includes 10 years in the City of London and over 20 years in Asia. Before joining CNP, Bill was a partner in a well-known international law firm. He is recommended lawyer for Corporate and M&A, Banking and Finance, Investment Funds and Labour and Employment in Legal 500 Asia Pacific 2020. Bill is one of the firm’s contacts for Interlaw, a network of independent full-service corporate law firms ranked by Chambers and Partners in its highest category, “Elite”, amongst all global law firm networks.



      Kenn Lim is a Partner at CNPLaw LLP. His practice covers a wide range of corporate and commercial transactions such as mergers and acquisitions, joint ventures, foreign investments and private equity transactions.

      Partner

      Kenn’s practice covers a wide range of corporate and commercial transactions such as mergers and acquisitions, joint ventures, foreign investments and private equity transactions. Kenn is recognised as one of Singapore’s Most Influential Lawyers Aged 40 And Under by the Singapore Business Review in 2018.



      Every business involves an amalgam of various stakeholders, such as investors, shareholders and directors. Ideally, each of these stakeholders should have a common vision of what is best for the company. However, this is rarely the case when individual interests are factored into the equation.

      Stakeholder conflicts (regarding issues such as breaches of fiduciary dutiesderivative actionsshareholder oppressionmanagement deadlocksmanagement compensationdividend payments and buy-outs) can be a thorny issue and can leave a company crippled if not addressed promptly.

      Given the diversity of interests at play, we appreciate that a multi-faceted approach is usually the most cost-efficient method of resolving stakeholder conflicts. Therefore, we provide clients with ready access to an integrated team of lawyers (combining the experience of our corporate, dispute resolution and employment law practices where applicable) who will effectively engage the relevant stakeholders in discussions on how best to resolve their differences amicably.

      More often than not, clients are able to avoid costly protracted court proceedings and resolve stakeholder conflicts with discretion and expediency.





      Companies periodically assess and deliberate ways to improve their financial results, and one way of achieving this may be through a successful corporate restructuring exercise, undertaken pursuant to the applicable laws.

      A corporate restructuring exercise may involve the acquisitiondisposalconsolidation or amalgamation of assets or shares. Other reasons that may compel a company to restructure may be to prepare the company for a salemerger or management buyout. In almost all cases, legal and financial reasons will dictate the approach and outcome.

      By leveraging on our corporate and insolvency law practices within the firm, we aim to help clients achieve their restructuring objectives by offering strategic advance planningassessing the possible business outcomes and legal restrictions, and managing the interests of the stakeholders involved, namely the shareholders, creditors, customers, and employees.





      The lawyers from the Banking & Finance Practice Group (BFPG) have always taken pride in providing a comprehensive range of banking and finance services to our clients, including domestic and foreign international banks, other financial institutions as well as non-bank lenders and borrowers, and foreign legal firms acting for parties outside Singapore.

      Our banking & finance practice covers the whole spectrum of domestic and international banking & financing work, including restructurings, financings and financial institutions advisory work. We can draw upon a broad base of partners, senior, mid-level and junior associates, all with strong and varied banking & finance product line and country experience.

      Our reach is further widened and enhanced by our ability to draw upon the resources of our network of correspondent firms in the region and globally.