David Chew

David is a Partner at DHC Capital.

David brings over 28 years of experience in restructuring, turnaround, interim management and corporate finance. His career spans advisory roles at Ernst & Young and Arthur Andersen, investment banking at Morgan Stanley, senior management positions including Chief Restructuring Officer (CRO), Chief Financial Officer (CFO) and interim CFO and Board member for stressed and distressed companies.

David has worked extensively with private and publicly listed corporates, bank creditors, bondholders, alternative capital providers and distressed investors across the full restructuring transaction lifecycle. His expertise covers crisis stabilisation, business and strategic reviews, cash flow analysis, debt restructuring and schemes of arrangement, operational turnaround, liquidity management exercises, distressed M&A, rescue financing, refinancing and recapitalisations, distressed and special situations investing and board/interim management appointments.

David has been at the forefront of multiple “market-first” restructuring transactions in the region, including:

• The first two successfully completed US$1 billion schemes of arrangement in Singapore under the Insolvency, Restructuring and Dissolution Act
• The first and three subsequent “pre-packaged” schemes of arrangement in Singapore under Section 71 of the Insolvency, Restructuring and Dissolution Act
• The first “pre-packaged” scheme under the Simplified Debt Restructuring Programme
• The first three super priority rescue financings in Singapore under Section 211E of the Companies Act (now Section 67 of the Insolvency, Restructuring and Dissolution Act)
• The first interim management appointment during a Court-supervised scheme process under Section 211B of the Companies Act (now Section 64 of the Insolvency, Restructuring and Dissolution Act)
• The first major distressed M&A transaction in the technology sector

David has lived and worked in Singapore, Hong Kong, Australia and Brunei. His transaction experience spans the Asia Pacific region, including Australia, Brunei, China, Hong Kong, India, Indonesia, Malaysia, Singapore, Thailand and Vietnam and covers sectors such as manufacturing, engineering and construction, mining and metals, commodities, oil and gas, power, technology, food and beverage, real estate, retail, tourism and leisure and shipping.

As an investment banker, David was involved in the sourcing, structuring and execution of high yield, stressed and distressed investment opportunities across the Asia Pacific region for Morgan Stanley prop books.

David founded 363Xchange, a first-of-its-kind technology-driven global marketplace that connects buyers, sellers and investors in distressed assets and special situation opportunities (www.363xchange.com).