In the news – honestbee gets 4-month creditor moratorium (Business Times)
Read on for Business Times article and honestbee’s press release on the extension of the moratorium until 31 January 2020. The extension has provided honestbee with breathing room from the threats of liquidation and legal proceedings and allows it a period of certainty to restructure its US$209 million debt that is owed to its creditors. DHC Capital acted as independent financial advisor to honestbee Pte Ltd on the debt restructuring and scheme of arrangement pursuant to Section 211 of the Companies Act.