PwC leads successful restructuring and resumption of trading of Z-Obee

Feb 2018

In the absence of a formal corporate rescue regime, is HK lagging behind other jurisdictions? Perhaps not: The Z-Obee case proves that HK listed companies can be successfully restructured despite the challenges. The distressed listed entity was successfully rescued, resulting in significantly enhanced pay-outs for scheme creditors and a liquid platform for shareholders.

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Wai Kay Eik

Mainland China and Hong Kong Managing Partner - Deals, PwC China

Tel: +[852] 2289 2199

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